Thirty minutes before kick-off Roberto De Zerbi wandered on to the pitch with his black padded gilet zipped high to the neck in the face of a chill Wearside wind. By the final whistle that stiff breeze had dropped a little but so, too, had the morale of Tottenham and their new manager. In cementing the visitors’ position in the bottom three with six games to go, Nordi Mukiele’s second half winner ...
Thirty minutes before kick-off Roberto De Zerbi wandered on to the pitch with his black padded gilet zipped high to the neck in the face of a chill Wearside wind. By the final whistle that stiff breeze had dropped a little but so, too, had the morale of Tottenham and their new manager. In cementing the visitors’ position in the bottom three with six games to go, Nordi Mukiele’s second half winner ensured Régis Le Bris’s Sunderland rose to 10th. De Zerbi’s unusually subdued body language suggested he was shivering inside. Continue reading...
Getty Images CoreWeave: A Big Comeback is Upon Us Neoclouds are getting a new lease of life here. And that has clearly been felt by the investors of CoreWeave, Inc. ( CRWV ), and even Nebius ( NBIS ). The past few months have been really tough as the market wonders whether the backlog from the growing AI capital expenditure can keep on growing without some needed digestion phase. Claude Code publi...
Getty Images CoreWeave: A Big Comeback is Upon Us Neoclouds are getting a new lease of life here. And that has clearly been felt by the investors of CoreWeave, Inc. ( CRWV ), and even Nebius ( NBIS ). The past few months have been really tough as the market wonders whether the backlog from the growing AI capital expenditure can keep on growing without some needed digestion phase. Claude Code public code changes (The Information) Thanks to incredible interest and adoption in vibe coding using Anthropic’s Claude Code ( ANTHRO ), this new lease of life looks to be more sustainable now than what I’ve observed in the past few months. And the optimism has also been felt with CRWV, as the price action has recovered much of the losses from early 2026. In addition, NBIS even touched a new high last week, indicating that this rebound isn’t isolated and may be more sustainable than we think. And with that, I think it’s finally timely for me to contemplate whether my cautious rating on CRWV is still apt , as AI picks and shovel plays receive the market’s attention once again. After a period of consolidation and after falling almost 60% through the late 2025 lows, it does appear that the market believes that a further breakdown below the $65 level appears increasingly unlikely. CoreWeave: Meta and Anthropic Deals Confirm Insatiable Appetite for Capacity CoreWeave and Meta expands AI infrastructure deal (Seeking Alpha) First up, CoreWeave expanded its agreement with Meta last week, laying out the revenue runway with the company through 2032, with a capacity agreement worth $21B. Meta Platforms ( META ) has returned to wow the world, as it reignited the AGI race with its newly launched Muse Spark models. Meta is obviously under significant pressure to justify the price tag as it commingles world-class talents for the Meta Superintelligence Lab. Anthropic and OpenAI capacity rush (Bloomberg) And with OpenAI ( OPENAI ) and Anthropic doubling down on their efforts to secure the neces...
On a typically nervy afternoon on the Trent, one of the biggest cheers of the afternoon arrived in the seconds after the final whistle, news over the speakers that Tottenham were still trailing at Sunderland. For Nottingham Forest, a creditable draw against Aston Villa takes them another precious point towards Premier League safety, Neco Williams’s low strike cancelling out Murillo’s own goal; con...
On a typically nervy afternoon on the Trent, one of the biggest cheers of the afternoon arrived in the seconds after the final whistle, news over the speakers that Tottenham were still trailing at Sunderland. For Nottingham Forest, a creditable draw against Aston Villa takes them another precious point towards Premier League safety, Neco Williams’s low strike cancelling out Murillo’s own goal; confirmation that Forest are now three clear of the relegation zone was greeted as warmly as one would expect. These teams could meet again at the end of the month in a Europa League semi-final but, for now, there are more pressing priorities for both teams. For the fourth successive season, Villa again left the City Ground without the full bounty and they wasted a series of chances to earn victory, Morgan Rogers skying a shot from close range and Ollie Watkins also sent a shot sailing over the bar. Continue reading...
The Number Alphabet (NASDAQ:GOOG) generated $224.5 billion in full-year Google Search revenue in fiscal 2025, a figure that works out to roughly $615 million per day. That segment total was reported as part of Alphabet’s Q4 2025 earnings filing, which landed on February 4, 2026. The number anchors an earnings report that pushed Alphabet past ... Google Search Generates $615 Million Every. Single. ...
The Number Alphabet (NASDAQ:GOOG) generated $224.5 billion in full-year Google Search revenue in fiscal 2025, a figure that works out to roughly $615 million per day. That segment total was reported as part of Alphabet’s Q4 2025 earnings filing, which landed on February 4, 2026. The number anchors an earnings report that pushed Alphabet past ... Google Search Generates $615 Million Every. Single. Day. Is Alphabet the Must-Buy Stock?
Go back to last April and Newcastle brought the thrills against Crystal Palace, putting five past Oliver Glasner’s side at St James’ Park, the victory closed by an Alexander Isak special. How things have changed. At Selhurst Park this time round, the visitors succumbed to a third successive defeat, Jean Philippe-Mateta’s penalty in injury time adding to the misery for Eddie Howe’s team. William Os...
Go back to last April and Newcastle brought the thrills against Crystal Palace, putting five past Oliver Glasner’s side at St James’ Park, the victory closed by an Alexander Isak special. How things have changed. At Selhurst Park this time round, the visitors succumbed to a third successive defeat, Jean Philippe-Mateta’s penalty in injury time adding to the misery for Eddie Howe’s team. William Osula’s close-range finish before half-time, against the run of play, had put Newcastle in front if not in control. Howe’s side looked short of confidence even with the lead, still on the mend from those sapping defeats last month by Barcelona and, crucially, Sunderland. Continue reading...
The rise of AI has brought an avalanche of new terms and slang. Here is a glossary with definitions of some of the most important words and phrases you might encounter.
The rise of AI has brought an avalanche of new terms and slang. Here is a glossary with definitions of some of the most important words and phrases you might encounter.
Russia & Ukraine Exchange 350 POWs As Orthodox Easter Truce Holds The rare Russia-Ukraine Orthodox Easter truce is already bearing much positive fruit, as both sides have on Saturday confirmed a massive POW swap involving 350 captives. In a press release, the Russian Ministry of Defense said that "175 Russian service members were returned from territory controlled by the Kiev regime, while in exch...
Russia & Ukraine Exchange 350 POWs As Orthodox Easter Truce Holds The rare Russia-Ukraine Orthodox Easter truce is already bearing much positive fruit, as both sides have on Saturday confirmed a massive POW swap involving 350 captives. In a press release, the Russian Ministry of Defense said that "175 Russian service members were returned from territory controlled by the Kiev regime, while in exchange, 175 Ukrainian Armed Forces prisoners of war were handed over." via Associated Press Additionally, the ministry announced that seven civilians from Kursk Region - who are believed to be the last hostages still held from a major Ukrainian army border incursion last year - were set free and will soon return home as part of the exchange. The Russian servicemen are currently in neighboring Belarus undergoing medical evaluation ahead of making the final journey home to be reunited with their families. On Friday, just the day prior, the two warring sides announced an Easter truce . The truce extends 32-hours for the whole holiday weekend. Based on regional media reporting of the rare ceasefire, the pause in fighting has been holding and will run until midnight on Sunday . This will cover the whole period of Orthodox Pascha (Easter) celebrations in both countries, which is done according to the Julian calendar and thus typically comes a weekend or two later that Western Easter (on the Gregorian calendar). The overwhelming majorities of both countries are adherents of the Eastern Orthodox Church. Typically in orthodox churches there is a long Saturday morning service, and then the main liturgy comes at midnight - going into the early Sunday morning hours, followed by feasting and breaking the Lenten fast (after 40 days of no meat, dairy, or animal products). And then late Sunday morning or early afternoon there is another service, after which there is more celebratory feasting. Churches across Russia and Ukraine are packed this weekend. Russian media reports that Defense Minis...
Mo-Rez reduced or eliminated tumours in over 60% of patients and is expected to be a blockbuster drug GSK has revealed positive results for a treatment for gynaecological cancers as its chief executive, Luke Miels, steps up drug development efforts at the group. The company said that in an early-stage trial Mocertatug Rezetecan, known as Mo-Rez, shrank or eliminated tumours in 62% of patients with...
Mo-Rez reduced or eliminated tumours in over 60% of patients and is expected to be a blockbuster drug GSK has revealed positive results for a treatment for gynaecological cancers as its chief executive, Luke Miels, steps up drug development efforts at the group. The company said that in an early-stage trial Mocertatug Rezetecan, known as Mo-Rez, shrank or eliminated tumours in 62% of patients with ovarian cancer where chemotherapy had failed, and in 67% of those with endometrial cancer. Continue reading...
The 10 wealthiest individuals in the world, including Elon Musk, CEO of Tesla Inc., have lost $174 billion following President Donald Trump‘s tariff announcement on April 2. On a year-to-date basis, they lost nearly a staggering $350 billion. What Happened: Following Trump’s tariff declaration last Wednesday, the S&P 500 plummeted 11%. This resulted in a significant shrinkage of the equity stakes ...
The 10 wealthiest individuals in the world, including Elon Musk, CEO of Tesla Inc., have lost $174 billion following President Donald Trump‘s tariff announcement on April 2. On a year-to-date basis, they lost nearly a staggering $350 billion. What Happened: Following Trump’s tariff declaration last Wednesday, the S&P 500 plummeted 11%. This resulted in a significant shrinkage of the equity stakes of the world’s richest, who had a combined net worth exceeding $2 trillion at the start of 2025. As
I’m clearly Australian – I had my Adelaide cricket cap on – but that Pommy bloke still lent a hand to someone from the opposition Read more in the kindness of strangers series We’re great enemies in cricket, England and Australia. So when the Ashes returned this past summer, my son and I travelled from Ballarat to Adelaide to see the showdown in the third Test. It’s a long drive but we made it a b...
I’m clearly Australian – I had my Adelaide cricket cap on – but that Pommy bloke still lent a hand to someone from the opposition Read more in the kindness of strangers series We’re great enemies in cricket, England and Australia. So when the Ashes returned this past summer, my son and I travelled from Ballarat to Adelaide to see the showdown in the third Test. It’s a long drive but we made it a boys’ trip, stopping in at pubs and all that nonsense on the way. It was a great start to the essential cricket pilgrimage. The problem was when we got to the Adelaide Oval, the temperature was a gruelling 40C. Worse still, by the middle of the day, the sun was beaming directly on to our seats. There was no shade and no reprieve. Continue reading...
niphon/iStock via Getty Images Two large fallen angels entered the index in Q1, including Paramount at 10% weight. Yields back above 7% and a historically wide price discount may signal a compelling entry point. Fallen angels underperformed the broad high-yield market by 0.76% in Q1 2026 (-1.31% vs. -0.55%), driven by market volatility in March. Through February, fallen angels were outperforming. ...
niphon/iStock via Getty Images Two large fallen angels entered the index in Q1, including Paramount at 10% weight. Yields back above 7% and a historically wide price discount may signal a compelling entry point. Fallen angels underperformed the broad high-yield market by 0.76% in Q1 2026 (-1.31% vs. -0.55%), driven by market volatility in March. Through February, fallen angels were outperforming. However, geopolitical tension in the Middle East drove fallen angel spreads wider by 49bps in a single month vs. only 16bps for broad high yield, and the longer duration profile amplified the move. Despite the drawdown, for investors looking at high-yield allocations, yields above 7% combined with a historically wide price discount make this a moment worth paying attention to. Further, the differential in yields between fallen angels and the broad market has tightened. Given the significantly higher average credit quality of fallen angels, we believe fallen angels look relatively attractive. Q1 2026 Total Returns Source: ICE Data Services, VanEck. Fallen Angels: ICE US Fallen Angel High Yield 10% Constrained Index.; Broad HY: ICE BofA US High Yield Index. Past performance is no guarantee of future results. Index performance is not representative of strategy performance. It is not possible to invest directly in an index. Looking ahead into the remainder of the year, fallen angel yields of north of 7% provide attractive income levels, as they are now above the 1Y, 3Y, 5Y, 10Y averages since December 2003. We continue to expect returns for the remainder of the year to be driven more by carry and interest rate movements, as spreads, despite widening to end the quarter, are still relatively tight but have been getting closer to their 10Y average. A significant increase in fallen angel activity, however, could drive total returns higher, and the recent uptick in downgrade volume may indicate an increased probability of this upside scenario. Just in the first days of April, S&P do...