In recent days Meta Platforms has confirmed plans to begin mass layoffs on May 20, cutting about 10% of its global workforce, around 8,000 roles, as part of a wider reorganization tied to very large AI-focused capital spending that could reach US$115.00–US$135.00 billion in 2026. This AI-driven restructuring, which includes building multi-gigawatt compute infrastructure and automating some managem...
In recent days Meta Platforms has confirmed plans to begin mass layoffs on May 20, cutting about 10% of its global workforce, around 8,000 roles, as part of a wider reorganization tied to very large AI-focused capital spending that could reach US$115.00–US$135.00 billion in 2026. This AI-driven restructuring, which includes building multi-gigawatt compute infrastructure and automating some management functions, marks a shift toward a leaner, more capital-intensive business model that could...
The SpaceX IPO , slated to launch in mid-2026, has investors buzzing about the growing space economy. One standout competitor is Rocket Lab (NASDAQ: RKLB) , which is carving out its own spot in the space launch industry. Over the past year, Rocket Lab soared to impressive heights, reaching nearly $100 per share in mid-January. Although the stock has since dipped 14% from its 52-week high, now migh...
The SpaceX IPO , slated to launch in mid-2026, has investors buzzing about the growing space economy. One standout competitor is Rocket Lab (NASDAQ: RKLB) , which is carving out its own spot in the space launch industry. Over the past year, Rocket Lab soared to impressive heights, reaching nearly $100 per share in mid-January. Although the stock has since dipped 14% from its 52-week high, now might be a good time to scoop up shares of the space stock . Here's why. When it comes to launching rockets into space, SpaceX holds a commanding lead. However, Rocket Lab has carved out a niche of its own in the small-payload market with its small-lift launch vehicle, Electron. The company is the second-most-used launch company in the United States and aims to better compete for larger payloads with its medium-lift, reusable launch vehicle, Neutron. Continue reading
Earnings Call Insights: Bank of Hawaii (BOH) Q1 2026 Management View "Bank of Hawaii delivered another solid set of results to open 2026." (President, CEO & Director James Polk) "Net interest income and our net interest margin expanded for the eighth consecutive quarter... NIM increased 13 basis points... We remain on track toward our stated goal of approaching 2.9% NIM by the end of the year." "N...
Earnings Call Insights: Bank of Hawaii (BOH) Q1 2026 Management View "Bank of Hawaii delivered another solid set of results to open 2026." (President, CEO & Director James Polk) "Net interest income and our net interest margin expanded for the eighth consecutive quarter... NIM increased 13 basis points... We remain on track toward our stated goal of approaching 2.9% NIM by the end of the year." "Normalizing for nonrecurring expenses and noninterest income, our EPS came in at $1.39." (President, CEO & Director Polk) "We maintained strong capital and excellent credit quality while continuing to build on our leading deposit market share position here in Hawaii." "We are in the early stages of assessing the potential impact of Typhoon Sinlaku, and it will take several weeks to gain clearer insight." (President, CEO & Director Polk) "This overlay accounts for the potential impact of flood damage to approximately 15 to 20 properties in our portfolio, net of anticipated insurance recoveries." (Vice Chair & Chief Risk Officer S. Shairson) "For the quarter, we reported net income of $57.4 million and a diluted EPS of $1.30." (Vice Chair & CFO Bradley Satenberg) "These declines were primarily the result of elevated noninterest expense... including... $2.8 million... payroll taxes and benefits... [and] a nonrecurring compensation-related charge... $3.5 million... [and] an unrelated severance charge of $750,000." Outlook "At the moment, we are currently forecasting no rate cuts in 2026." (Vice Chair & CFO Satenberg) "While I still anticipate that we will see some modest improvements in our cost of deposits going forward, any material changes will likely be contingent upon future Fed rate adjustments." "My expectation is that the second quarter noninterest income will be approximately $42 million." (Vice Chair & CFO Satenberg) "Second quarter normalized noninterest expense is expected to be approximately $112 million." "As a result, I'm lowering my forecasted range for annual gr...
We just covered the 10 Best AI Stock Picks of Motley Fool Asset Management. Microsoft Corp. (NASDAQ:MSFT) ranks #4 (see the 5 Best AI Stock Picks of Motley Fool Asset Management). Microsoft Corp. (NASDAQ:MSFT) shares are down 10% so far this year amid concerns that AI tools like Claude Cowork could crush the company’s products. […]
We just covered the 10 Best AI Stock Picks of Motley Fool Asset Management. Microsoft Corp. (NASDAQ:MSFT) ranks #4 (see the 5 Best AI Stock Picks of Motley Fool Asset Management). Microsoft Corp. (NASDAQ:MSFT) shares are down 10% so far this year amid concerns that AI tools like Claude Cowork could crush the company’s products. […]
Move marks government’s most radical attempt to weaken impact of soaring wholesale gas prices on electricity costs Clean energy generation exceeded rise in global electricity demand in 2025 The government has confirmed plans to move older wind and solar farms which make up almost a third of Great Britain’s power market on to fixed-price contracts to help protect households and businesses from futu...
Move marks government’s most radical attempt to weaken impact of soaring wholesale gas prices on electricity costs Clean energy generation exceeded rise in global electricity demand in 2025 The government has confirmed plans to move older wind and solar farms which make up almost a third of Great Britain’s power market on to fixed-price contracts to help protect households and businesses from future gas market shocks. Under the plans, first revealed by the Guardian , renewable energy projects that earn subsidies on top of the market price will be asked to sign up to contracts that pay a set price for electricity as part of the government’s plan to “delink the price of electricity from the price of gas”. Continue reading...
Output from solar farms rose by a third while electricity from fossil fuels fell, research from thinktank reveals UK shifts older wind and solar farms to fixed-price deals to reduce price shocks All of last year’s growth in global electricity demand was met from renewable sources, while fossil fuel power generation remained flat, research has found, marking what many hope could become a turning po...
Output from solar farms rose by a third while electricity from fossil fuels fell, research from thinktank reveals UK shifts older wind and solar farms to fixed-price deals to reduce price shocks All of last year’s growth in global electricity demand was met from renewable sources, while fossil fuel power generation remained flat, research has found, marking what many hope could become a turning point in the drive to phase out planet-heating fossil fuels. Solar power generation rose by nearly a third in 2025, marking a new record and faster growth. In the decade from 2015, solar output grew tenfold, roughly doubling every three years, according to the thinktank Ember. Continue reading...
As the US-Israel war on Iran raises global concerns about energy security, a new report has found that the clean power sector is rapidly gaining ground and emerging as a solution for nations looking to reduce their reliance on oil and gas imports. The world passed a significant turning point in 2025 as clean power generation rose faster than global demand for electricity, preventing an increase in...
As the US-Israel war on Iran raises global concerns about energy security, a new report has found that the clean power sector is rapidly gaining ground and emerging as a solution for nations looking to reduce their reliance on oil and gas imports. The world passed a significant turning point in 2025 as clean power generation rose faster than global demand for electricity, preventing an increase in fossil fuel generation, according to the study by London-based energy think tank Ember released on...
(RTTNews) - The South Korea stock market bounced higher again on Monday, one session after snapping the three-day winning streak in which it had jumped more than 410 points or 5.3 percent. The KOSPI now sits just beneath the 6,220-point plateau and it figures to open to the downs
(RTTNews) - The South Korea stock market bounced higher again on Monday, one session after snapping the three-day winning streak in which it had jumped more than 410 points or 5.3 percent. The KOSPI now sits just beneath the 6,220-point plateau and it figures to open to the downs