President Donald Trump speaks during a press conference while flanked by FBI Director Kash Patel and Secretary of Homeland Security Markwayne Mullin at the White House on April 25, 2026. | Nathan Howard/Getty Images. Within hours of an armed gunman's attempt to enter the White House Correspondents Dinner, attended by top administration officials and hundreds of journalists, President Donald Trump ...
President Donald Trump speaks during a press conference while flanked by FBI Director Kash Patel and Secretary of Homeland Security Markwayne Mullin at the White House on April 25, 2026. | Nathan Howard/Getty Images. Within hours of an armed gunman's attempt to enter the White House Correspondents Dinner, attended by top administration officials and hundreds of journalists, President Donald Trump did what he does best: use the assassination attempt to defend his ballroom project. During a White House press conference just hours after he and several cabinet members were evacuated, Trump told reporters that the Washington Hilton, the hotel where the WHCD historically takes place, was "not a particularly secure building. And I didn't want to say this, but this is why we have to have all of the attributes of what we're planning at the White House. It's act … Read the full story at The Verge.
What must Liam Rosenior have made of this? After being sacked as Chelsea’s head coach on Wednesday, his former players showed all the commitment that was missing during his four months in charge to battle their way past Leeds courtesy of a winning goal from – surprise, surprise – Enzo Fernández. Only eight years ago, Rosenior’s interim replacement Calum McFarlane was an assistant coach for Isthmia...
What must Liam Rosenior have made of this? After being sacked as Chelsea’s head coach on Wednesday, his former players showed all the commitment that was missing during his four months in charge to battle their way past Leeds courtesy of a winning goal from – surprise, surprise – Enzo Fernández. Only eight years ago, Rosenior’s interim replacement Calum McFarlane was an assistant coach for Isthmian League side Whyteleafe. But even if he does not yet own a pro licence that means his second spell in charge of Chelsea this season will be limited to only 12 weeks, McFarlane has now become the first English manager since a certain Frank Lampard to reach an FA Cup final, where they will face treble-chasing Manchester City next month. The irony that it was Fernández – after being dropped for two matches by Rosenior for fluttering his eyelids at Real Madrid during the last international break – who came up with the decisive goal after 23 minutes was surely not lost on his predecessor. Continue reading...
Was The Atlantic's Kash Patel Smear A Setup To Discredit The SPLC Indictment? On April 17, The Atlantic published an anonymously sourced hit piece against FBI Director Kash Patel - painting him as a blackout-drunk, paranoid, and erratic executive barely capable of running the nation's premier law enforcement agency. Three days later, a federal grand jury indicted the Southern Poverty Law Center fo...
Was The Atlantic's Kash Patel Smear A Setup To Discredit The SPLC Indictment? On April 17, The Atlantic published an anonymously sourced hit piece against FBI Director Kash Patel - painting him as a blackout-drunk, paranoid, and erratic executive barely capable of running the nation's premier law enforcement agency. Three days later, a federal grand jury indicted the Southern Poverty Law Center for wire fraud, false statements, and conspiracy to commit money laundering. The question conservative circles are now asking is whether the hit piece was deliberately conceived and timed to discredit Patel and the SPLC investigation. Democrats pounced on The Atlantic hit piece, launching an investigation into his behavior the same day that the SPLC indictment was announced. And that was the point of the Atlantic story. See how that works. https://t.co/WRjlc4twIQ — Insurrection Barbie (@DefiyantlyFree) April 22, 2026 According to the Department of Justice, between 2014 and 2023, the organization secretly funneled more than $3 million in donated funds to individuals associated with violent extremist groups - including the Ku Klux Klan, Aryan Nations, American Nazi Party, and the National Socialist Party of America. "They use their donor network to raise money to purportedly dismantle violent extremist groups. However, the SPLC — the Southern Poverty Law Center — used the money they raised from their donor network to actually pay the leadership of these very groups,” Patel said at the announcement. “They used the fraudulently raised money by lying to their donor network, thousands of Americans, to go ahead and actually pay the leadership of these supposed violent extremist groups.” Patel added, “ They attempted to hide their criminal activity from our financial banking network. They set up shell companies and entities around America so that the financial institutions that we rely on as everyday Americans were deceived in believing that money was not coming from the Southern Pov...
It seems like bear market cycles last just a few weeks these days. While the 2026 Iran conflict drawdown was not an official bear market, plenty of stocks slipped 20% or more in just a few short weeks, while oil prices doubled from $60 per barrel to $120. Today? The stock market is back trading close to all-time highs, with the S&P 500 (SNPINDEX: ^GSPC) index rocketing above $7,000. Here's why the...
It seems like bear market cycles last just a few weeks these days. While the 2026 Iran conflict drawdown was not an official bear market, plenty of stocks slipped 20% or more in just a few short weeks, while oil prices doubled from $60 per barrel to $120. Today? The stock market is back trading close to all-time highs, with the S&P 500 (SNPINDEX: ^GSPC) index rocketing above $7,000. Here's why the panic turned back into euphoria, why the bull market is continuing despite ongoing conflict and blockade in the Persian Gulf, and where the market and investors might go from here. Image source: Getty Images. Continue reading
Tomas Ragina/iStock via Getty Images Hengli Petrochemical, one of China’s largest independent refiners, denied any business dealings with Iran after the United States imposed sanctions on one of its subsidiaries for allegedly purchasing Iranian crude. The development matters to investors because sanctions can disrupt crude sourcing, raise financing and shipping risks, and create uncertainty for on...
Tomas Ragina/iStock via Getty Images Hengli Petrochemical, one of China’s largest independent refiners, denied any business dealings with Iran after the United States imposed sanctions on one of its subsidiaries for allegedly purchasing Iranian crude. The development matters to investors because sanctions can disrupt crude sourcing, raise financing and shipping risks, and create uncertainty for one of China’s major private refining groups. Any effect on operations or supply chains could also ripple through regional fuel markets. In a stock exchange filing Sunday, Hengli said it “has never engaged in any trade with Iran,” adding that all of its crude suppliers had assured the company that oil origins did not violate U.S. sanctions rules. The company also said it holds enough crude inventories to support processing needs for more than three months and that procurement operations have not been affected. Hengli said the U.S. sanctions against Hengli Petrochemical (Dalian) Refinery lacked factual and legal basis, and pledged to seek removal of the restrictions. More on Crude Oil Futures, Brent Futures How The Iran War Could Trigger A Global Recession Hitting The U.S. Crude Oil Trades Above $95 Ahead Of Weekend Risk - WTI Technical Analysis U.S. Consumer Sentiment Under Pressure From War And Rising Oil Prices Trump calls off Witkoff, Kushner trip to Pakistan Strait of Hormuz likely will not fully reopen for months, Baker Hughes executive says
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by CNN Legal Analyst and “Five Bullets: The Story of Bernie Goetz” Author Elliot Williams, Taylor Law Enforcement Consulting Group Roy Taylor, Representative Michael McCaul, JRepresentative Don Beyer, F...
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by CNN Legal Analyst and “Five Bullets: The Story of Bernie Goetz” Author Elliot Williams, Taylor Law Enforcement Consulting Group Roy Taylor, Representative Michael McCaul, JRepresentative Don Beyer, Former Biden Senior Advisor John McCarthy and Rising Communications Founder Leslie Shedd. (Source: Bloomberg)
Although retirement accounts like 401(k)s and traditional IRAs allow you to deduct your contributions from your taxable income, you don't get to avoid taxes altogether. You're responsible for paying them on the back end when you make withdrawals in retirement. To prevent people from not making withdrawals and avoiding paying taxes, the IRS put in place required minimum distributions (RMDs) . For p...
Although retirement accounts like 401(k)s and traditional IRAs allow you to deduct your contributions from your taxable income, you don't get to avoid taxes altogether. You're responsible for paying them on the back end when you make withdrawals in retirement. To prevent people from not making withdrawals and avoiding paying taxes, the IRS put in place required minimum distributions (RMDs) . For people born between 1951 and 1959, RMDs kick in the year you turn 73. The RMD for people born in 1960 or later has increased to 75. That initial year, you'll have until April 1 of the following year to take your RMDs. If someone is turning 73 this year, they'll have until April 1, 2027, to take their RMDs. In every other year, you'll need to take your RMDs by Dec. 31 (even if you delay your first RMD until April). Continue reading
NVIDIA (NasdaqGS:NVDA) is rolling out OpenAI's Codex AI coding agent, powered by GPT-5.5, across its global workforce. More than 10,000 employees are already using the agent across engineering, product, sales, marketing, finance, and operations. The deployment runs on NVIDIA's GB200 NVL72 computers with public backing from Jensen Huang and Sam Altman. The initiative positions NVIDIA as a large sca...
NVIDIA (NasdaqGS:NVDA) is rolling out OpenAI's Codex AI coding agent, powered by GPT-5.5, across its global workforce. More than 10,000 employees are already using the agent across engineering, product, sales, marketing, finance, and operations. The deployment runs on NVIDIA's GB200 NVL72 computers with public backing from Jensen Huang and Sam Altman. The initiative positions NVIDIA as a large scale internal adopter of AI agents, potentially serving as a reference case for enterprise...
Getty Images The following segment was excerpted from the NZS Capital Q1 2026 Shareholder Letter. Software – Are you as sick of the “baby with the bathwater” idiom as we are? It was recently suggested to us, and Gemini confirmed (of course), that it is highly unlikely a baby has ever been accidentally thrown out with the bathwater. We formally propose a more realistic phrase: “pulling out flowers ...
Getty Images The following segment was excerpted from the NZS Capital Q1 2026 Shareholder Letter. Software – Are you as sick of the “baby with the bathwater” idiom as we are? It was recently suggested to us, and Gemini confirmed (of course), that it is highly unlikely a baby has ever been accidentally thrown out with the bathwater. We formally propose a more realistic phrase: “pulling out flowers with the weeds” and welcome any other suggestions. Regardless of our linguistic quibble, we do believe it is most likely that the blanket sell-off across software due to the AI disruption narrative is creating some wild mispricing of certain software companies that we believe will ultimately be able to adapt to AI. At the highest level, we break the risks into two buckets: 1) AI displacement of the incumbents via AI-native startups or internal vibe coding, and 2) seat risk, or the risk of layoffs due to AI efficiencies negatively impacting the revenues of SaaS, which is often sold by the seat. For the risk of displacement due to AI, we ultimately focus on the NZS, or non-zero sumness, of the software businesses in which we are investing. This is simply because companies that are creating more value than they take are going to be much harder to disrupt. In some cases, AI has turned once high-NZS software products into zero-sum propositions; e.g., if their value lies largely in the code, then that value has been commoditized and the NZS impaired. We sold monday.com ( MNDY ) last November because we believe that much of the value of a project management tool lies in the code. Sources of value that go beyond the code include systems of record (SOR) for business-critical information, trust, scaled network effects, niche workflow context, tight hardware-and-software integration, institutional familiarity, incumbency, etc. We compare that value to the price of the software, which generally represents ~0-2% of customer revenues for the software companies we invest in (low tariff ex...
Kenyan first man to run sub-two-hour marathon ‘I have shown that nothing is not possible’ Sabastian Sawe’s astonishing world marathon record of one hour 59 minutes and 30 seconds at Sunday’s London Marathon was fuelled by running 150 miles a week, wearing the lightest super shoes in history and a pre-race breakfast of bread and honey, the Kenyan and his team have revealed. With an estimated 800,...
Kenyan first man to run sub-two-hour marathon ‘I have shown that nothing is not possible’ Sabastian Sawe’s astonishing world marathon record of one hour 59 minutes and 30 seconds at Sunday’s London Marathon was fuelled by running 150 miles a week, wearing the lightest super shoes in history and a pre-race breakfast of bread and honey, the Kenyan and his team have revealed. With an estimated 800,000 watching in the capital, the 31-year-old became the first man to run a sub-two-hour marathon in an official race as he powered home in the second half of the race to shatter the world record. Continue reading...
Abdullah Durmaz Rising gold prices ( XAUUSD:CUR ) have fueled investor enthusiasm as buyers seek protection from inflation, geopolitical conflict and fears about the long-term outlook for the U.S. dollar. But a New York Times investigation suggests some gold flowing into the U.S. market may have origins tied to illicit mining and criminal networks. The issue matters to investors because gold is wi...
Abdullah Durmaz Rising gold prices ( XAUUSD:CUR ) have fueled investor enthusiasm as buyers seek protection from inflation, geopolitical conflict and fears about the long-term outlook for the U.S. dollar. But a New York Times investigation suggests some gold flowing into the U.S. market may have origins tied to illicit mining and criminal networks. The issue matters to investors because gold is widely viewed as a safe-haven asset and hedge against currency debasement, government debt and market stress. If supply-chain integrity comes into question, it could create reputational, regulatory and pricing risks for institutions tied to the bullion trade, while also challenging assumptions about gold’s role as a “clean” store of value. Reporter Justin Sheck in a first-person account Sunday said he began examining the gold market after prices surged above $2,000 an ounce in late 2023, driven by demand from wealthy investors and governments seeking stability during periods of war, financial stress and economic uncertainty. His reporting found that while the U.S. Mint says it uses domestic gold for investor-grade coins, some suppliers were importing large quantities of foreign gold, melting it together with U.S.-sourced metal and then selling bars to the Mint. According to the report, Mint suppliers had sourced metal originating in places including the Democratic Republic of Congo, Mexican pawn shops and South America. A 2024 federal watchdog report said the Mint stopped asking suppliers about gold origins more than two decades ago. To trace one supply route, Sheck traveled to Colombia, where he reported from Caucasia, a mining center influenced by the Clan del Golfo, a U.S.-designated terrorist group. Miners and traders told him illegal gold was sold through intermediaries and eventually exported to Texas. After questions were raised, suppliers said they stopped accepting the Colombian gold. The Treasury Department said it found no systemic problem but has launched a review...
This direct-to-consumer eyewear company, known for its omnichannel model, reported a notable insider sale amid strong 1-year price gains. Neil Harris Blumenthal, Co-Chief Executive Officer of Warby Parker (NYSE:WRBY) , reported the sale of 100,000 shares of Class A Common Stock in multiple open-market transactions between April 16, 2026 and April 20, 2026, according to a SEC Form 4 filing . Shares...
This direct-to-consumer eyewear company, known for its omnichannel model, reported a notable insider sale amid strong 1-year price gains. Neil Harris Blumenthal, Co-Chief Executive Officer of Warby Parker (NYSE:WRBY) , reported the sale of 100,000 shares of Class A Common Stock in multiple open-market transactions between April 16, 2026 and April 20, 2026, according to a SEC Form 4 filing . Shares sold reflect Class B Common Stock converted to Class A on a one-to-one basis on the same day as each sale; Blumenthal's pre-existing direct Class A position of 50,165 shares was unchanged by these transactions. Continue reading
The Italian government decided to extradite a Chinese man wanted by the US on hacking charges, people familiar with the matter said on Sunday. Premier Giorgia Meloni ’s government made the decision after an Italian court ruled this month that Xu Zewei could be extradited, the people said, speaking on condition of anonymity. The US Department of Justice had sought Xu on suspicion of stealing Covid-...
The Italian government decided to extradite a Chinese man wanted by the US on hacking charges, people familiar with the matter said on Sunday. Premier Giorgia Meloni ’s government made the decision after an Italian court ruled this month that Xu Zewei could be extradited, the people said, speaking on condition of anonymity. The US Department of Justice had sought Xu on suspicion of stealing Covid-19 research and hacking charges, alleging he was directed to conduct the operations at the behest of the Chinese government. He was arrested in Italy in 2025 at Washington’s request. The Italian ministry of justice declined to comment. The US embassy in Rome referred questions to the DOJ, which didn’t immediately respond to a request for comment on Sunday. Xu’s lawyer in Milan said he hasn’t received a formal government decree on Xu’s extradition request, adding that — as far as he was aware — his client was still in remand in nearby Pavia prison as of Friday. Xu has maintained he is innocent, according to Italian media reports. Extraditing him may help ease tensions between the US and Italy. Meloni and President Donald Trump have traded barbs over the Italian premier’s increasing distance from the Iran war and her defense of Pope Leo XIV, whom Trump has described as “weak on crime.” Since coming to power in late 2022, Meloni has engaged in a complex balancing act between Beijing and Washington that has touched upon public procurement and key Italian companies , among other issues. Meloni Hasn’t Spoken to Trump, But Says US Ties Are ‘Solid’ China Slams US ‘Long Arm’ in Arrest of Alleged Hacker in Italy U.S., U.K., Allies Tie Chinese Government to Microsoft Hack
syahrir maulana/iStock via Getty Images Dear Investors and Friends, The NZS Growth Equity strategy (“strategy” or “portfolio”) had a gross return of -8.75% and net return of -8.91% for the first quarter as compared to -3.30% for the Morningstar Global Target Market Exposure Index (the “Index”) over the same period. PERIODIC RETURNS (%)* QTD 1Y (ANN) 3Y (ANN) 5Y (ANN) SI (ANN) NZS GROWTH EQUITY (GR...
syahrir maulana/iStock via Getty Images Dear Investors and Friends, The NZS Growth Equity strategy (“strategy” or “portfolio”) had a gross return of -8.75% and net return of -8.91% for the first quarter as compared to -3.30% for the Morningstar Global Target Market Exposure Index (the “Index”) over the same period. PERIODIC RETURNS (%)* QTD 1Y (ANN) 3Y (ANN) 5Y (ANN) SI (ANN) NZS GROWTH EQUITY (GROSS) -8.75% 12.24% 15.27% 6.45% 14.95% NZS GROWTH EQUITY (net) -8.91% 11.46% 14.47% 5.71% 14.16% INDEX -3.30% 19.81% 16.46% 9.43% 10.86% DIFFERENCE (% NET) -5.61% -8.35% -1.99% -3.72% 3.30% Click to enlarge CALENDAR YEAR RETURNS (%)* YTD 2026 2025 2024 2023 2022 2021 2020 NZS GROWTH EQUITY (GROSS) -8.75% 18.76% 21.24% 35.29% -32.99% 22.64% 63.51% NZS GROWTH EQUITY (net) -8.91% 17.94% 20.47% 34.44% -33.44% 21.86% 62.49% INDEX -3.30% 22.23% 17.20% 22.13% -18.04% 18.57% 15.83% DIFFERENCE (% NET) -5.61% -4.29% 3.27% 12.30% -15.40% 3.29% 46.66% Click to enlarge *Since inception: January 1, 2020; returns as of March 31, 2026. Performance Overview Equity markets declined in the first quarter of 2026, with particular weakness in growth stocks as the market grappled with increased uncertainty and upward bias to inflation and interest rate expectations. The portfolio underperformed the index due to this slump in growth equities and our software overweight. The resilient head of the portfolio did provide ballast, declining less than the index, while the optional tail saw a sharp correction given the growthier nature of the stocks that reside there. In the quarter, only the Materials sector contributed positively to the portfolio’s absolute returns, though the semiconductor sub-sector also contributed strongly; Lam Research ( LRCX ), ASML Holding ( ASML ), and Taiwan Semiconductor ( TSM ) were each top-five contributors to absolute returns. TSMC, ASML, and Lam Research continue to benefit from strong demand for compute in AI infrastructure, with ASML and Lam also benefitting from unpre...
Before Coachella, Tomora wasn't on my radar at all. It's actually only by chance that I stumbled upon them - I opened the wrong stream because my TV was lagging like a MFer. I paused for a few moments, entranced by the two ethereal Nordic women banging on giant drums to a techno beat. I made a mental note to check them out the following weekend, because Drain was the priority (especially since the...
Before Coachella, Tomora wasn't on my radar at all. It's actually only by chance that I stumbled upon them - I opened the wrong stream because my TV was lagging like a MFer. I paused for a few moments, entranced by the two ethereal Nordic women banging on giant drums to a techno beat. I made a mental note to check them out the following weekend, because Drain was the priority (especially since the Sonora stage wasn't streaming on weekend two). It was only later that I would find out that Tomora is a collaboration between Norwegian singer-songwriter Aurora and Tom Rowlands, one-half of the Chemical Brothers. Suffice it to say, they were incr … Read the full story at The Verge.
Broadcom (NASDAQ: AVGO) may be one of the most overlooked winners in AI infrastructure. Its partnerships, revenue growth, and long-term opportunity look massive, but the real debate is whether that growth will be as profitable as investors hope. Stock prices used were the market prices of April 20, 2026. The video was published on April 23, 2026. Continue reading
Broadcom (NASDAQ: AVGO) may be one of the most overlooked winners in AI infrastructure. Its partnerships, revenue growth, and long-term opportunity look massive, but the real debate is whether that growth will be as profitable as investors hope. Stock prices used were the market prices of April 20, 2026. The video was published on April 23, 2026. Continue reading