Key PointsThe Producer Price Index rose 1.1% in May, above expectations, with energy costs accounting for 80% of the increase.

John Healey is right about the risk of wars. But it has become politically treacherous for Nato leaders to borrow for defence Since the historic Nato summit in The Hague one year ago this month, European leaders have pledged massive increases in defence spending in the face of increasingly acute threats of Russian aggression. Yet the reality is that key west European governments – especially the UK, France and Italy – are not putting their money where their mouth is for fear of undermining lenders’ confidence in their national debt. Keir Starmer, Emmanuel Macron and Giorgia Meloni are behaving as if they were more scared of the bond markets than they are of the Russians. The dramatic resignation of the UK defence secretary John Healey in protest over Starmer’s reluctance to ramp up investment highlights how politically treacherous it has become to find these much-needed resources. Paul Taylor is a senior visiting fellow at the European Policy Centre Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...

Tesla's Optimus robot ambitions come into focus in Austin Austin American-Statesman

Executives are forcing AI onto workers, scapegoating it for layoffs and misunderstanding how disruptive technologies actually evolve, explains Bloomberg Opinion columnist Gautam Mukunda.. (Source: Bloomberg)

Oracle Corporation Stock 12‑Month Price Target Raised to $256.45, Implies 27% Upside TradingView

Key PointsEarly claimers get smaller monthly benefits, while those who delay their application get more per month.

Backroom Detente: A Curious Lack Of Iranian Strikes On UAE, While Others Get Hit President Trump is vowing another consecutive night of even heavier US military strikes on Iran. Yesterday's salvo involved at least 49 Tomahawk missile strikes, mainly happening against southern coastal areas off the Strait of Hormuz. Amid Iran's counter-attacks on Gulf nations and reportedly on American bases hosted in these Arab Gulf allied states, there's been a curious lack of any new launches against the United Arab Emirates . Kuwait and Bahrain have been hit especially hard in this week's new flare-up in cross-Gulf fighting, but again, the UAE has been spared - after previously coming under significant attacks during the opening month of Operation Epic Fury. Even faraway Jordan has been targeted in the new 'retaliatatory' attacks. But Bloomberg on Thursday revealed the reason - Iran and the UAE have apparently reached an 'understanding' after some backroom dealing and diplomacy. " Senior national security officials from the United Arab Emirates and Iran held a face-to-face meeting for the first time since the start of the US-Israeli war against Tehran, according to people with knowledge of the situation," Bloomberg reports. "This week’s meeting marked a stark turnaround for both sides and comes amid their growing acknowledgment of the importance of calmer bilateral ties, the people said, asking not to be named discussing sensitive matters," the fresh reporting continues. In the UAE's thinking, it has too much to risk if it continues to face Iran's significant ballistic missile and drone arsenal, at a moment Washington has failed to clearly define an end game , but instead is climbing up the escalation ladder with a cornered and thus fierce Iran, which sees itself fighting for its very survival. According to more from Bloomberg : The UAE’s leaders want to keep their bold economic ambitions, including investing billions of dollars in increased oil production and in AI data centers,...

格隆汇6月12日｜据纽约邮报当地时间周四报道，熟悉调解情况的美国和地区消息人士周四表示，伊朗敲定了其与美国拟议协议的最新草案，并将其提交给卡塔尔中间人，由其转交华盛顿。一名熟悉伊朗领导层情况的地区消息人士表示：“协议文本已于周三晚间完成并敲定。卡塔尔方面一直在与伊朗和美国双方保持联系，以推动协议达成。如果获得最终批准，谅解备忘录的落实程序将随即启动。”一名熟悉卡塔尔调解情况的美国消息人士也证实，一份协议草案已经提交，但协议的具体细节目前尚未公布。

Choosing between Algonquin Power & Utilities (NYSE:AQN) and CenterPoint Energy (NYSE:CNP) requires balancing income potential against geographical reach. Both companies provide essential services, making them popular choices for everyday investors. Algonquin operates a mix of regulated water, gas, and electric services across 13 states and multiple countries. CenterPoint focuses on massive delivery networks in major hubs like Houston, Minnesota, and Indiana. This comparison explores their financial health and valuations to help you decide which stock fits your strategy. Algonquin manages a diverse portfolio through its Liberty brand, serving approximately 1.3 million customer connections. It provides electricity, natural gas, water, and wastewater services across North America, Chile, and Bermuda. Its operations span 13 U.S. states and one Canadian province, allowing the utility to benefit from diverse revenue streams and varied regulatory environments. Continue reading

Behind the company's ambitious AI vision is a colossal spending figure that every shareholder should be watching closely.

Source: Bloomberg, 0:00

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Micron Picks Bechtel as Construction Partner for Historic N.Y. Semiconductor Project Construction Equipment Guide

Former DUP leader also rejects suggestion wife knew about or witnessed abuse, saying ‘there was nothing to know’ Jeffrey Donaldson is “crystal clear” that an allegation he raped a girl several years ago is “simply not true”, the former Democratic Unionist party leader has told a court. Giving evidence in the third week of his trial on sexual abuse charges, the ex-MP said an allegation that he had touched the same girl’s breasts was “just unbelievable”. Continue reading...

Is VNET a good stock to buy? We came across a bullish thesis on VNET Group, Inc. on Coughlin Cap’s Substack by Brian Coughlin and P14 Capital. In this article, we will summarize the bulls’ thesis on VNET. VNET Group, Inc.’s share was trading at $9.28 as of June 9th. VNET’s forward P/E was 24.39 according to […]

John McGuire from Virginia’s 5th district trades in Dell Technologies and Meta Platforms stocks Investing.com Canada

Suit filed in US alleges chatbot told Alice Carrier, 24, ‘maybe this is just the end’ as she struggled with suicidal thoughts A Canadian mother sued OpenAI and its CEO, Sam Altman, in US court on Thursday, alleging that ChatGPT encouraged her daughter to commit suicide. The lawsuit is the latest in a slew accusing the company of failing to address dangerous conversations between users and the company’s chatbot. Kristie Carrier said in a lawsuit filed in San Francisco state court that her daughter, Alice, told ChatGPT about her suicidal ideations more than a dozen times leading up to her death but that OpenAI’s safety systems never flagged the conversations for human review or terminated them. Continue reading...

Ashi Sae Yang/iStock via Getty Images Fund Highlights Utilizes a bottom-up security selection process that screens potential investments against a proprietary quantitative model for return on capital, earnings to value ratio, free cash flow and return on equity Looks at a company's corporate governance structure and management incentives to try to ascertain whether or not management's interests are aligned with shareholder interests Seeks to identify the sources of a company's competitive advantage as well as what levers management has at its disposal to increase shareholder value Seeks to purchase generally profitable, financially stable large-cap companies that consistently generate high returns on unleveraged operating capital, are run by shareholder-oriented management, and are trading at a discount to their private market value Market Recap U.S. equities were lower during the quarter. The themes driving performance were artificial intelligence (AI) displacement anxiety weighing on software, private credit concerns, and the Iran conflict escalation, creating ripple effects throughout the economy. The broader market declined during the quarter. The 10-year Treasury yield rose with a steep curve-flattening, reflecting a repricing of rate cut expectations. The U.S. economy has faced mounting headwinds in early 2026 as geopolitical turmoil and energy shocks overshadow earlier resilience. Fourth quarter GDP was revised lower to 0.7% from 1.4%, while some survey data suggested stagflationary signals. The Iran conflict has disrupted global trade flows and increased uncertainty for the growth outlook. Consumer spending has weakened recently as households struggle with higher energy costs and persistent affordability concerns. However, several positive factors remain favorable for the outlook, including previous Federal Reserve (Fed) rate cuts working their way through the economy, banks becoming more willing to lend, and fiscal stimulus providing support through spendin...

As the U.S. races against China in quantum computing, one name was notably missing from President Donald Trump's $2B funding initiative—Alphabet ( GOOGL ). Now, Google has revealed why it chose to stay out, and the decision highlights a growing debate over how much government involvement could shape the future of the technology. Speaking at the Semafor Tech Summit in San Francisco on June 10, Google Quantum AI COO Charina declined to join the Trump administration's $2B quantum computing funding initiative because "various conditions that came with the funding" would have prevented the company from moving at its preferred pace. The conditions attached to the program could have slowed its push to build a practical quantum computer, reported Yahoo Finance. However, the exact conditions tied to the funding have not been disclosed. Chou added that the company still works with Washington "in other ways" and supports more funding for basic quantum research. According to Semafor, the package was aimed at strengthening the U.S. quantum ecosystem and countering China's rapid advances in the field. The program, structured as letters of intent rather than final agreements, included names like International Business Machines ( IBM ), GlobalFoundries ( GFS ), Quantinuum, PsiQuantum, Rigetti Computing ( RGTI ), and Infleqtion ( INFQ ) among other beneficiaries. The debate over government funding was echoed by PsiQuantum co-founder Pete Shadbolt, who defended public investment in the industry, saying it was "really natural" because quantum technology has "national security implications." Meanwhile, International Business Machines executive Scott Crowder said the company expects its first scalable quantum system by 2029. These comments provide fresh insight into why Alphabet ( GOOGL ), Microsoft Corporation ( MSFT ), and IonQ ( IONQ ) were absent from the Trump administration's list of nine recipients announced in May 2026. Additionally, on the market side, Alphabet stock is trading...

格隆汇6月12日｜据纽约邮报：消息人士当地时间周四表示，伊朗敲定了其与美国拟议协议的最新草案，并将其提交给卡塔尔中间人，由其转交华盛顿。一名熟悉卡塔尔调解情况的美国消息人士也证实，协议草案已经提交。

In trading on Thursday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Sigma Lithium, up about 9.1% and shares of Albemarle, up about 7.5% on the day. And un

TensorWave Raises $350M: AMD Funds an AI Cloud Challenger Built Without Nvidia Tech Times

Nothing is more frustrating than buying a new pair of headphones, an OLED TV, or a laptop just to find out that you could have gotten it for cheaper somewhere else just a few days or weeks later. That’s why, in order to keep customers happy and prevent them from shopping elsewhere, some retailers offer price-matching policies in which they promise to match a lower price found elsewhere. That kind of information comes in handy no matter the time of year, but it’s especially helpful during shopping events like Amazon’s Prime Day 2026 sale, which kicks off June 23rd and lasts through June 26th. What follows are the price-matching policies for a number of major retailers. There are a few things to note here. First, every retailer has its own set of rules and restrictions. We’ve summarized some of them here, but we recommend visiting the provided links and reading the policies carefully. Second, most retailers that serve as a marketplace for other sellers, specifically wholesale retailers like Costco and Sam’s Club, don’t offer any protections, and many traditional stores won’t match their prices. Lastly, there are always exceptions to the rules. If you’re looking for a deal on a product and you know it’s available for a lower price elsewhere (or it was previously offered at the same retailer), it never hurts to call or chat with a customer service rep and ask if they’ll match the price. You have nothing to lose but time, and there’s always a chance they may find a loophole or make a special exception. Amazon Amazon doesn’t offer price matching. Full stop. You can contact customer support, but even if you’re an Amazon Prime customer, it’s not likely that they’ll help you out. That being said, Amazon does offer a liberal return policy , meaning you can often return an item you purchased from Amazon if it’s available for less elsewhere (or at Amazon). Then, you can just repurchase the product wherever it’s cheapest. Target Target used to let shoppers price match identical ...

Asteroid mining dreams face steep economic and technical realities, while in‑space use of extraterrestrial resources for manufacturing and infrastructure remains a distant, speculative upside. Watch the video below to see why investors should treat space mining as a long‑dated opportunity. *This video was published on May 29, 2026. Continue reading