Alphabet's Google is in talks with Marvell Technology to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions. One of the chips is a memory processing unit designed to work with Google's tensor processing unit (TPU) and the other chip is a new TPU built specifically for running AI models, the...
Alphabet's Google is in talks with Marvell Technology to develop two new chips aimed at running AI models more efficiently, The Information reported on Sunday citing two people with knowledge of the discussions. One of the chips is a memory processing unit designed to work with Google's tensor processing unit (TPU) and the other chip is a new TPU built specifically for running AI models, the report said. Google has been pushing to make its TPUs a viable alternative to Nvidia's dominant GPUs. TPU sales have become a key driver of growth in Google's cloud revenue as it aims to show investors that its AI investments are generating returns.
Jack Clarke fired home an 87th-minute penalty to save a point for Ipswich in a pulsating 2-2 draw with promotion rivals Middlesbrough. Jarred Gillett awarded the spot-kick when he adjudged Adilson Malanda had tugged the substitute George Hirst in the box. Middlesbrough, who are on a seven-match winless run, went ahead through David Strelec only for Kasey McAteer to equalise five minutes later. The...
Jack Clarke fired home an 87th-minute penalty to save a point for Ipswich in a pulsating 2-2 draw with promotion rivals Middlesbrough. Jarred Gillett awarded the spot-kick when he adjudged Adilson Malanda had tugged the substitute George Hirst in the box. Middlesbrough, who are on a seven-match winless run, went ahead through David Strelec only for Kasey McAteer to equalise five minutes later. The visitors took the lead through Tommy Conway but Clarke’s spot-kick saw the points shared. Continue reading...
Fury As Nigerian Migrant Caught Cooking Cat In Public Park Next To Children's Playground Authored by Steve Watson via Modernity.news, A Nigerian immigrant was arrested in Sarzana, Italy after local residents spotted him roasting a freshly killed cat on a makeshift barbecue in a Park—right beside a children’s playground. The man, described as shoeless, had set up a grate over an open fire in the Cr...
Fury As Nigerian Migrant Caught Cooking Cat In Public Park Next To Children's Playground Authored by Steve Watson via Modernity.news, A Nigerian immigrant was arrested in Sarzana, Italy after local residents spotted him roasting a freshly killed cat on a makeshift barbecue in a Park—right beside a children’s playground. The man, described as shoeless, had set up a grate over an open fire in the Crociata public space dedicated to a local partisan commander. Passersby called the carabinieri (Italian police), who arrived to find him in the act. He was charged with animal cruelty offences. The shocking scene, captured in photos that quickly spread online, has triggered nationwide anger in Italy. Deputy Prime Minister Matteo Salvini branded it “a heinous act that must not go unpunished.” 🇮🇹 Sarzana. Policja zatrzymała Nigeryjczyka, który zabił i upiekł na grillu kota parku publicznym na oczach przechodniów. Dostał zarzuty znęcania się nad zwierzętami. „Okrutny czyn, który nie powinien mieć miejsca w cywilizowanym społeczeństwie”, komentuje radny ds bezpieczeństwa pic.twitter.com/mLdg08SrsI — Adam Gwiazda (@delestoile) April 17, 2026 Sarzana’s Administrative Officer and Security Councillor Stefano Torri reacted with fury, urging “What happened this afternoon in Crociata Park is an atrocious act that cannot and should not have a place in a civilised society,” he stated. Torri went further: “As an Administration, we are ready to reiterate strongly: we will not allow anyone to come into our territory to import sick and barbaric customs and customs. Those living in our country have a duty to respect our laws and our sensitivity towards animals. We won’t tolerate our land being turned into a theatre of the uncivilised by those who have no respect for the rules of civil life.” He promised improved safety measures and to “return it to the citizens,” adding that the administration is working on a tender to bring “positive aggregation, order, light and legality” back to the park. ...
Overview As the debt market continues to face headwinds, the PIMCO Corporate & Income Opportunity Fund ( PTY ) has continued to decline in value. At the time of my prior coverage, I issued a buy rating due to the attractive valuation and attractive outlook at the time. Since then, the fund has continued to decline in value, and the interest rate environment has shifted. Additionally, the fund has ...
Overview As the debt market continues to face headwinds, the PIMCO Corporate & Income Opportunity Fund ( PTY ) has continued to decline in value. At the time of my prior coverage, I issued a buy rating due to the attractive valuation and attractive outlook at the time. Since then, the fund has continued to decline in value, and the interest rate environment has shifted. Additionally, the fund has released an updated semi-annual report that provides transparency into the earnings. Despite the headwinds of the sector, I believe that PTY remains a great opportunity for investors that want to secure a stream of supplemental dividend income. When I previously covered PTY, the fund traded at a premium to NAV of 10.75%. Following the slight pullback in its share price, PTY now trades at a smaller premium to NAV of 4.83%. Referring to the red line on the graph below, we can see that PTY continues to trade at one of the most attractive price-to-NAV levels over the last ten-year period. Even on a smaller time frame, PTY has traded at an average premium to NAV of 21.7%. Therefore, this serves as an excellent time to accumulate shares if you are a long-term income investor looking for a good opportunity in the market. CEF Data PTY now offers investors a starting dividend yield of 11.7% while issuing those payouts on a monthly basis. Despite the attractive valuation of the fund, I do believe that additional downside risks remain. Unfortunately, growth for the fund may be limited as long as interest rates remain elevated. The reality is that a debt-focused fund like PTY is almost entirely reliant on a healthy debt market, and since interest rates are still near the highest end of its ten-year range, the risk of defaults continues to be relevant. The fund's thinner operating margins will also limit the rate of NAV growth in the near term, which can threaten dividend sustainability. Fund Strategy According to the latest fund overview , PTY has total managed assets of $3.3B that are...
Eoneren/iStock via Getty Images In January 2025, MSC Income Fund ( MSIF ) tapped the IPO market and became a publicly traded, externally managed business development company, or BDC. The expectations by many investors were quite high given fundamental overlaps with one of the best-performing BDCs - Main Street Capital ( MAIN ) - which, among other things, included direct management from MAIN's sid...
Eoneren/iStock via Getty Images In January 2025, MSC Income Fund ( MSIF ) tapped the IPO market and became a publicly traded, externally managed business development company, or BDC. The expectations by many investors were quite high given fundamental overlaps with one of the best-performing BDCs - Main Street Capital ( MAIN ) - which, among other things, included direct management from MAIN's side. Optically, the biggest difference between MAIN and MSIF was the type of management (external vs. internal) and, obviously, P/NAV multiples - i.e., MAIN trading way above NAV and MSIF slightly below NAV. In other words, it was at least worth considering MSIF as a diversifier to MAIN's position. However, the performance so far has been suboptimal, to say the least: YCharts Despite a significant P/NAV difference (much lower multiple), MSIF has underperformed MAIN and provided no material extra protection relative to that of the broad BDC index ( BIZD ). Pricewise, MSIF is down by ~20% of its listing date's share price. As a result of these dynamics, MSIF trades now at a P/NAV of 0.78x (discount of 22%), which is only slightly above the sector average of 0.76x. In the meantime, MAIN remains the most richly priced BDC out there with a P/NAV of ~1.60x. The difference is huge and has clearly widened since the IPO: YCharts So, the question is whether MSIF is finally a buy. Thesis There are two strategic aspects of MSIF that I would like to highlight here. They are conflicting in the sense that one of them supports a bull case and the other one argues against it. I will now unpack both of them and then share my investment stance in the summary section. The first aspect is about the underlying fundamentals, which is very important. Almost everywhere we look, we will find robust fundamentals and above-average financials (statistics). These are my top 5 elements, which I really appreciate when it comes to MSIF's offering and its ability to deliver durable income. First, MSIF has the...
You may be 65 years old when you first claim Medicare, but the complexity of the system can make you feel like a kid. Plainly put, Medicare is confusing. However, healthcare in retirement is vital, and you don't want to make any big moves without thinking them through. One of the first things you'll learn is the number of medical-related costs Medicare won't cover, and the steps you'll need to tak...
You may be 65 years old when you first claim Medicare, but the complexity of the system can make you feel like a kid. Plainly put, Medicare is confusing. However, healthcare in retirement is vital, and you don't want to make any big moves without thinking them through. One of the first things you'll learn is the number of medical-related costs Medicare won't cover, and the steps you'll need to take to prepare for them. Image source: Getty Images. Continue reading
Hong Kong homebuyers’ strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city’s broader recovery in housing prices. All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation in Sha Tin were sold on Saturday, prompting the developers to put 75 more flats on sale later that night. ...
Hong Kong homebuyers’ strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city’s broader recovery in housing prices. All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation in Sha Tin were sold on Saturday, prompting the developers to put 75 more flats on sale later that night. Elsewhere in Kai Tak, 133 units of KT Marina II were snapped up over the weekend, according to...
The Desert Photo/iStock via Getty Images Investing in the "Stranded" Solution: The Bull Case for Geothermal Investing often requires finding solutions in unexpected places—specifically where others aren't looking. While the "herd" follows well-worn paths, a contrarian mindset identifies where the world is advancing before the shift becomes obvious. Geothermal energy represents one of these opportu...
The Desert Photo/iStock via Getty Images Investing in the "Stranded" Solution: The Bull Case for Geothermal Investing often requires finding solutions in unexpected places—specifically where others aren't looking. While the "herd" follows well-worn paths, a contrarian mindset identifies where the world is advancing before the shift becomes obvious. Geothermal energy represents one of these opportunities, in my opinion. The Geothermal Landscape Naturally, public investing options for geothermal energy are currently limited. The primary player is Ormat Technologies ( ORA ) , the world’s only vertically integrated geothermal company. Ormat handles everything: exploration, drilling, manufacturing, and operation. Despite its dominant position, its market capitalization sits under $7 billion, illustrating how early it is, to invest in geothermal energy. Ormat is the world’s only vertically integrated geothermal company that explores, drills, designs, builds, manufactures, owns, finances and operates geothermal power plants. Other companies are beginning to pivot toward this space: Constellation Energy ( CEG ): Owns "The Geysers" in California, the largest geothermal project in the U.S. (acquired via Calpine in early 2025). Helmerich & Payne ( HP ) & Liberty ( LBRT ): Traditional oilfield services companies now applying their drilling expertise to geothermal heat. Fervo Energy: A private leader in "enhanced" geothermal, backed by early-stage investments from players like Liberty and Devon Energy ( DVN) The Macro Problems 1. Energy Demand The EIA projects global energy demand will grow by 50% by 2050, driven largely by Asian economies. More urgently, the IEA expects demand from AI, data centers, and cryptocurrency to double between 2022 and 2026. While the MSCI Sustainability Institute notes this is a small slice of the global 172,000 TWh used annually, the rate of growth is already straining existing grids. 2. Clean Energy Shift Regardless of personal skepticism regarding ...
On April 9, 2026, Dianthus Therapeutics (NASDAQ:DNTH) Executive Vice President, Chief Financial Officer, and Chief Business Officer Ryan Savitz reported the sale of 8,224 shares of common stock for total proceeds of approximately $739,000, as disclosed in the SEC Form 4 filing . The CFO of this clinical-stage biotech, focused on monoclonal antibody therapies, executed the transaction as an option ...
On April 9, 2026, Dianthus Therapeutics (NASDAQ:DNTH) Executive Vice President, Chief Financial Officer, and Chief Business Officer Ryan Savitz reported the sale of 8,224 shares of common stock for total proceeds of approximately $739,000, as disclosed in the SEC Form 4 filing . The CFO of this clinical-stage biotech, focused on monoclonal antibody therapies, executed the transaction as an option exercise and immediate sale under a Rule 10b5-1 plan. Transaction value based on the SEC Form 4 weighted-average purchase price ($89.84), as Mr. Savitz held zero shares after the transaction. Continue reading
What a difference a few weeks can make on Wall Street! As of the closing bell on March 26, the mature-stock-driven Dow Jones Industrial Average (DJINDICES: ^DJI) and innovation-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) were both in correction territory, with the broad-based S&P 500 (SNPINDEX: ^GSPC) one bad day away from joining them. But as of the closing bell on April 15, the Nasdaq Composite...
What a difference a few weeks can make on Wall Street! As of the closing bell on March 26, the mature-stock-driven Dow Jones Industrial Average (DJINDICES: ^DJI) and innovation-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) were both in correction territory, with the broad-based S&P 500 (SNPINDEX: ^GSPC) one bad day away from joining them. But as of the closing bell on April 15, the Nasdaq Composite and S&P 500 have reached new all-time highs, with the Dow about 3% away from its record close. Image source: Getty Images. Continue reading
Wall Street's major averages jumped on Friday to end at record highs after Iran declared the Strait of Hormuz open for commercial vessels. President Donald Trump, however, said the naval blockade will remain in effect. The benchmark S&P 500 closed +1.2% to the record high of 7,126.07 points, while the heavy-tech Nasdaq Composite ended +1.5%, also achieving a new all-time high close of 24,468.48 po...
Wall Street's major averages jumped on Friday to end at record highs after Iran declared the Strait of Hormuz open for commercial vessels. President Donald Trump, however, said the naval blockade will remain in effect. The benchmark S&P 500 closed +1.2% to the record high of 7,126.07 points, while the heavy-tech Nasdaq Composite ended +1.5%, also achieving a new all-time high close of 24,468.48 points. The blue-chip Dow finished +1.8%. Week-to-date, the indexes closed 4.5%, 6.8%, and 3.2%, respectively. The S&P 500 Health Care Index Sector ( XLV ) also gained about 1% during the week. The top S&P 500 healthcare gainers and losers for the last week are as follows: Top Gainers: Align Technology ( ALGN ) +9.78% Baxter International ( BAX ) +9.10% Viatris ( VTRS ) +8.98% Solventum ( SOLV ) +7.13% Humana ( HUM ) +6.76% Top Losers: Abbott Laboratories ( ABT ) -3.48% CVS Health ( CVS ) -2.56% Merck & Co. ( MRK ) -1.94% Johnson & Johnson ( JNJ ) -1.79% The Cooper Companies ( COO ) -1.61% Here are some of the important healthcare stories from this week: Abbott dips as Exact Sciences buyout hurts outlook Shares of Abbott Laboratories ( ABT ) dipped 6% on Thursday after the MedTech giant lowered its full-year earnings outlook, indicating an impact from its recent acquisition of cancer diagnostics company Exact Sciences. Compared to $5.55-$5.80 previously and $5.47 in the consensus, the Illinois-based company now projects its 2026 adjusted diluted earnings per share to reach $5.38-$5.58, including $0.20 per share dilution attributed to the $21B deal. However, Abbott’s ( ABT ) top line exceeded Street forecasts for the first time in two quarters, as revenue for Q1 2026 grew ~8% YoY to $11.2B, beating the consensus by $160M, thanks mainly to its Medical Devices division. Meanwhile, its Nutrition segment continued to underperform, adding $2.0B to the topline with a ~6% YoY decline amid lower sales volumes and strategic pricing actions, which the company said will help it improve v...
Suphanat Khumsap/iStock via Getty Images Shares of Targa Resources ( TRGP ) have been a strong performer over the past year, gaining about 35%. After languishing for much of 2025, shares have gained momentum in 2026 thanks to its differentiated growth profile and solid results. I last covered shares in November , when I rated the stock a “buy” given its strong underlying cash flow and growth prosp...
Suphanat Khumsap/iStock via Getty Images Shares of Targa Resources ( TRGP ) have been a strong performer over the past year, gaining about 35%. After languishing for much of 2025, shares have gained momentum in 2026 thanks to its differentiated growth profile and solid results. I last covered shares in November , when I rated the stock a “buy” given its strong underlying cash flow and growth prospects. I argued that shares were left behind because its lower dividend profile left it overlooked by traditional midstream investors, but that its growth would provide upside. That call has played out well, with shares gaining 38%, significantly outpacing the market’s 9% run. After such a run and a dividend increase, now is a good time to revisit TRGP. Seeking Alpha Targa Boosts Its Dividend 25% Now in the midstream sector, investors typically focus on income. Most MLPs and related companies pay substantial dividends, which has made them attractive to income-oriented investors. A pushback I have sometimes received in my bullish analysis of Targa is that it pays a comparatively low dividend. I have argued that this should not dissuade buyers, as it is in the midst of a large cap-ex program, using some of its cash flow. At the same time, it has been more aggressive using buybacks, given they are more flexible, while it would likely steadily raise its dividend over multiple years as projects come online. To that point, Targa repurchased $642 million of stock in 2025, and these buybacks reduced its share count by about 2%. In fact, I argued in November that the company would likely raise its dividend by 20% annually through 2028. Sure enough, on Friday , Targe Resources increased its dividend by 25% to $1.25, giving shares a prospective dividend yield of 2.1%. This yield is still well below peers (often in the 6-8% range), but the pace of growth is powerful and will help to steadily narrow the gap. After facing pressure during COVID, it has since increased its dividend from $0....