The pilot of the downed jet has been safely rescued, but a search and rescue operation is still under way for the jet's second crew member, US media reports.
The pilot of the downed jet has been safely rescued, but a search and rescue operation is still under way for the jet's second crew member, US media reports.
Trump ordered data collection after raising concern about race being used as factor in college admissions A federal judge on Friday halted efforts by the Trump administration to collect data that proves higher education institutions aren’t considering race in admissions. The ruling from the US district court judge F Dennis Saylor IV in Boston granting the preliminary injunction follows a lawsuit f...
Trump ordered data collection after raising concern about race being used as factor in college admissions A federal judge on Friday halted efforts by the Trump administration to collect data that proves higher education institutions aren’t considering race in admissions. The ruling from the US district court judge F Dennis Saylor IV in Boston granting the preliminary injunction follows a lawsuit filed earlier this month by a coalition of 17 Democratic state attorneys general. It will only apply to public universities in plaintiffs’ states. Continue reading...
The Trump administration has revoked the green cards or US visas of at least four Iranian nationals connected to the current or former Iranian government, including two who have been detained by immigration authorities and are to be deported. The latest actions were taken just this week when Secretary of State Marco Rubio determined they were no longer eligible for either lawful permanent resident...
The Trump administration has revoked the green cards or US visas of at least four Iranian nationals connected to the current or former Iranian government, including two who have been detained by immigration authorities and are to be deported. The latest actions were taken just this week when Secretary of State Marco Rubio determined they were no longer eligible for either lawful permanent resident status, or to enter the United States. The steps follow a move late last year in which the visas of...
Most of what has gone wrong this season can be put down to poor recruitment – but the manager must share the blame Even when the fixture list was revealed last summer, it was perhaps predictable that the middle of March would represent the crisis point for Newcastle. If they had reached the Champions League quarter-finals and won the Tyne-Wear derby at St James’ Park, a lot of other frustrations c...
Most of what has gone wrong this season can be put down to poor recruitment – but the manager must share the blame Even when the fixture list was revealed last summer, it was perhaps predictable that the middle of March would represent the crisis point for Newcastle. If they had reached the Champions League quarter-finals and won the Tyne-Wear derby at St James’ Park, a lot of other frustrations could have been forgotten. Even better, that game against Sunderland would have had to be postponed had Newcastle reached a third Carabao Cup final since 2023. Those days of celebration a year ago feel a long time ago now, but the mood could easily have been very different. Newcastle were the better side in the home leg against Barcelona in the last 16 of the Champions League. Only the concession of a daft late penalty denied them victory and they were a persistent threat on the break in the first half of the away leg. Only in the second half of the second leg did the game get away from them: a 7-2 defeat made the difference between the sides seem much greater than it actually was. Continue reading...
Pakistan will return matured loan deposits to the United Arab Emirates, in a move that will strain the South Asian nation’s reserves. The deposits “were placed under bilateral commercial agreements, demonstrating the UAE’s strong support for Pakistan’s economic stability and prosperity,” according to a statement by the Foreign Ministry posted on X on Saturday. They have now matured and will be ret...
Pakistan will return matured loan deposits to the United Arab Emirates, in a move that will strain the South Asian nation’s reserves. The deposits “were placed under bilateral commercial agreements, demonstrating the UAE’s strong support for Pakistan’s economic stability and prosperity,” according to a statement by the Foreign Ministry posted on X on Saturday. They have now matured and will be returned through the State Bank of Pakistan, it noted. The move comes despite State Bank of Pakistan Governor Jameel Ahmad previously reiterating that bilateral partners have assured the country its debt will continued to be rolled over. Pakistan in February secured a two-month period to renegotiate the terms and tenure of two loans of $1 billion from the UAE, according to local media . The total debt amounts to $3.5 billion, according to the Express Tribune, citing an unnamed cabinet official. This repayment will strain the nation’s dollar reserves, which stood at $16.4 billion as of March 27. Pakistan also has a bond payment due in April for $1.3 billion.
e-crow/iStock via Getty Images Investment Thesis My buy judgment for TRX Gold Corporation ( TRX ) is a highly conditional buy. After 4 years of a “dead” zone period despite increasing gold prices, the gold producer started delivering interesting results, becoming fully self-funded (zero debt on the balance sheet), publishing an uncertain (but plausible) PEA assessment of 62,000 oz/year average gol...
e-crow/iStock via Getty Images Investment Thesis My buy judgment for TRX Gold Corporation ( TRX ) is a highly conditional buy. After 4 years of a “dead” zone period despite increasing gold prices, the gold producer started delivering interesting results, becoming fully self-funded (zero debt on the balance sheet), publishing an uncertain (but plausible) PEA assessment of 62,000 oz/year average gold production during the 17.6 years of the mine’s estimated life, and discovering the Stamford Bridge Zone. My Monte Carlo NAV simulation (under some fundamental assumptions made) estimated a median share price of $0.69, significantly below the current share price of $1.50. Looking solely at the numbers, this would be enough to justify a Sell rating, but the positive skewness of the stock justifies the bullish investment for an investor convinced of three assumptions: 3-year investment horizon (to be aligned with the beginning of Phase 2 of the PEA), sustained gold prices above $3,000/oz and risk tolerance for an investment with huge concentration in a single country such as Tanzania. In other words, investing in TRX makes sense only if an experienced investor is looking for a higher exposure to gold prices. On the contrary, an investor looking for a margin-of-safety gold exposure, the comparative analysis of TRX against SPDR Gold Shares ETF ( GLD ) and VanEck Gold Miners ETF ( GDX ) will show how these ETFs represent a better investment. Introduction and Business Overview TRX Gold ( NYSE: TRX ) is a junior gold producer, currently operating a single gold asset, which is the Buckreef Gold Project, located in Tanzania. The difference between being a gold producer and a gold developer or explorer is key, as in the first case I could rely on audited financial data published on Yahoo Finance to derive my analysis. TRX has completed an important expansion of its production and processing plants for the Buckreef project, which enabled the company to increase its productivity to 2,...
AI spending has moved well past the hype phase. Consensus estimates now put 2026 hyperscaler capital expenditures at $611 billion, and the global AI market is projected to reach $4.8 trillion by 2033 from $189 billion in 2023. For investors who want exposure to that trajectory without betting on a single company, three ETFs cover ... The Top AI ETFs That Let You Invest In The Whole Trend At Once
AI spending has moved well past the hype phase. Consensus estimates now put 2026 hyperscaler capital expenditures at $611 billion, and the global AI market is projected to reach $4.8 trillion by 2033 from $189 billion in 2023. For investors who want exposure to that trajectory without betting on a single company, three ETFs cover ... The Top AI ETFs That Let You Invest In The Whole Trend At Once
Ongoing geopolitical tensions in the Middle East have sent the price of oil soaring, fueling fears of a slowdown in the U.S. economy. As a result, the S&P 500 (SNPINDEX: ^GSPC) stock market index plummeted by 5% in March, with many individual stocks suffering even steeper declines. But Advanced Micro Devices (NASDAQ: AMD) bucked the sell-off, delivering a gain of 2.5% for the month. Short-term mov...
Ongoing geopolitical tensions in the Middle East have sent the price of oil soaring, fueling fears of a slowdown in the U.S. economy. As a result, the S&P 500 (SNPINDEX: ^GSPC) stock market index plummeted by 5% in March, with many individual stocks suffering even steeper declines. But Advanced Micro Devices (NASDAQ: AMD) bucked the sell-off, delivering a gain of 2.5% for the month. Short-term moves in the stock market are usually just noise, especially during periods of heightened volatility. But AMD is gearing up for one of its strongest years ever, so it makes sense that investors are holding on to their shares. AMD has become one of Nvidia 's top competitors in the market for data center graphics processing units (GPUs), which are the primary chips used in artificial intelligence (AI) development. Here's why its stock could remain resilient for the foreseeable future. Continue reading
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 Axios Senior Politics Reporter Marc Caputo, Former Assistant Secretary of State for Political-Military Affairs Under George Bush Brigadier General Mark Kimmitt, Napster Corp. CEO John Acunto, Pulsar ...
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 Axios Senior Politics Reporter Marc Caputo, Former Assistant Secretary of State for Political-Military Affairs Under George Bush Brigadier General Mark Kimmitt, Napster Corp. CEO John Acunto, Pulsar Helium President Cliff Cain, “The Infinity Machine” Author Sebastian Mallaby, Democratic National Committee Chair Ken Martin, and Former US Ambassador to Nato Ivo Daalder. (Source: Bloomberg)
Muriqi strikes late winner for relegation battlers Bayern Munich come from behind to beat Freiburg Real Mallorca dealt a major blow to Real Madrid’s title aspirations as Vedat Muriqi struck an added-time winner to seal a shock 2-1 win for the hosts, leaving Real four points behind Barcelona before the leaders play Atlético Madrid later on Saturday. The hosts withstood Real’s pressure early in the ...
Muriqi strikes late winner for relegation battlers Bayern Munich come from behind to beat Freiburg Real Mallorca dealt a major blow to Real Madrid’s title aspirations as Vedat Muriqi struck an added-time winner to seal a shock 2-1 win for the hosts, leaving Real four points behind Barcelona before the leaders play Atlético Madrid later on Saturday. The hosts withstood Real’s pressure early in the game, keeper Leo Roman denying Kylian Mbappé with two diving saves, before Mallorca took the lead from their first shot on target in the 42nd minute as Manu Morlanes converted Pablo Maffeo’s cross. Continue reading...
Last 16: Bath 31-22 Saracens Second-half turnaround sends Bath through to quarters Henry Arundell’s two tries helped Bath to a tight victory over Saracens as they squeezed their way into the quarter-finals of the Champions Cup. The English champions trailed 10-0 at the break against a Sarries side unrecognisable from the one crushed at the Rec a fortnight ago in the Prem. But Bath’s heavyweight be...
Last 16: Bath 31-22 Saracens Second-half turnaround sends Bath through to quarters Henry Arundell’s two tries helped Bath to a tight victory over Saracens as they squeezed their way into the quarter-finals of the Champions Cup. The English champions trailed 10-0 at the break against a Sarries side unrecognisable from the one crushed at the Rec a fortnight ago in the Prem. But Bath’s heavyweight bench came to the rescue, with Thomas du Toit to the fore, as they rallied to win. Saracens pushed Bath all the way and a late try from Noah Caluori set up a nervy finish, but Arundell’s second on the final play settled the contest and booked a last-eight home tie against Northampton next weekend. Continue reading...
Danny Rohl’s side move above Hearts on goal difference Hibs turn up heat on Motherwell in battle for fourth spot Rangers put pressure on their title rivals by moving top of the Scottish Premiership for the first time in more than two years with a patchy 4-2 win over Dundee United at Ibrox. Ryan Naderi opened the scoring on the half-hour mark with a close-range finish before Dujon Sterling added a ...
Danny Rohl’s side move above Hearts on goal difference Hibs turn up heat on Motherwell in battle for fourth spot Rangers put pressure on their title rivals by moving top of the Scottish Premiership for the first time in more than two years with a patchy 4-2 win over Dundee United at Ibrox. Ryan Naderi opened the scoring on the half-hour mark with a close-range finish before Dujon Sterling added a second four minutes from the interval with his first league goal for the Gers. The United forward Amar Fatah reduced the deficit with a strike just before half-time, but Thelo Aasgaard restored the Light Blues’ two-goal advantage in the 52nd minute. This story will be updated Continue reading...
(Bloomberg) -- President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic would face "all hell" in 48 hours."Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT," Trump said in a social-media post the day before Easter. "Time is running out — 48 hours before all ...
(Bloomberg) -- President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic would face "all hell" in 48 hours."Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT," Trump said in a social-media post the day before Easter. "Time is running out — 48 hours before all Hell will reign down on them. Glory be to God!" Trump had extended a five-day deadline to April 6 as
JHVEPhoto/iStock Editorial via Getty Images Investment Rating - " Buy " Broadcom Inc. ( AVGO ) develops custom AI accelerators called XPUs, Ethernet networking, and also runs an infrastructure software business (VMware), thus playing the role of an AI plumber for the entire AI infrastructure buildout, so to speak. Logically, the current AI boom drove up AVGO's quotes, but even before OpenAI's ( OP...
JHVEPhoto/iStock Editorial via Getty Images Investment Rating - " Buy " Broadcom Inc. ( AVGO ) develops custom AI accelerators called XPUs, Ethernet networking, and also runs an infrastructure software business (VMware), thus playing the role of an AI plumber for the entire AI infrastructure buildout, so to speak. Logically, the current AI boom drove up AVGO's quotes, but even before OpenAI's ( OPENAI ) first GPT tech was presented to the public, AVGO was a steady compounder for its investors. This year is shaping up differently, as Broadcom is down by ~24% from its ATH, hitting the depth of the sell-offs we've seen in 2011, 2015, and 2018, to name a few. Data by YCharts Today's dip seems to be driven by a couple of things. First, AVGO's revenue mix is shifting toward AI hardware with the success of its XPUs, and while top-line expansion looks great, hardware revenues tend to carry lower margins compared to software revenues. That's why management warned investors about an upcoming margin contraction on the gross level (~100 bps on a QoQ basis next quarter). As legacy segments look more tempting margins-wise, AVGO's forward valuation dropped, based on my understanding. Second, the rising AI-related backlog is currently spread out across just a few hyperscalers and LLM providers, making forward-looking projections less sustainable amid the general macro and geopolitical setup. There is still 20%+ to go before AVGO reaches its 2020 sell-off level, but I don't think it's reasonable for long-term investors to wait for such a massive meltdown. The stock has already started to look attractive in terms of its valuation. The fundamental case for buying Broadcom - its dominant role as a global custom AI platform enabler - has only strengthened in recent months, in my opinion. I see a very comfortable upside potential ahead, and that's why I'm issuing a Buy recommendation. Broadcom's XPU Acceleration And Ethernet's Victory It's a well-known fact that Broadcom holds about 60% ...
JHVEPhoto/iStock Editorial via Getty Images Investment Rating - " Buy " Broadcom Inc. ( AVGO ) develops custom AI accelerators called XPUs, Ethernet networking, and also runs an infrastructure software business (VMware), thus playing the role of an AI plumber for the entire AI infrastructure buildout, so to speak. Logically, the current AI boom drove up AVGO's quotes, but even before OpenAI's ( OP...
JHVEPhoto/iStock Editorial via Getty Images Investment Rating - " Buy " Broadcom Inc. ( AVGO ) develops custom AI accelerators called XPUs, Ethernet networking, and also runs an infrastructure software business (VMware), thus playing the role of an AI plumber for the entire AI infrastructure buildout, so to speak. Logically, the current AI boom drove up AVGO's quotes, but even before OpenAI's ( OPENAI ) first GPT tech was presented to the public, AVGO was a steady compounder for its investors. This year is shaping up differently, as Broadcom is down by ~24% from its ATH, hitting the depth of the sell-offs we've seen in 2011, 2015, and 2018, to name a few. Data by YCharts Today's dip seems to be driven by a couple of things. First, AVGO's revenue mix is shifting toward AI hardware with the success of its XPUs, and while top-line expansion looks great, hardware revenues tend to carry lower margins compared to software revenues. That's why management warned investors about an upcoming margin contraction on the gross level (~100 bps on a QoQ basis next quarter). As legacy segments look more tempting margins-wise, AVGO's forward valuation dropped, based on my understanding. Second, the rising AI-related backlog is currently spread out across just a few hyperscalers and LLM providers, making forward-looking projections less sustainable amid the general macro and geopolitical setup. There is still 20%+ to go before AVGO reaches its 2020 sell-off level, but I don't think it's reasonable for long-term investors to wait for such a massive meltdown. The stock has already started to look attractive in terms of its valuation. The fundamental case for buying Broadcom - its dominant role as a global custom AI platform enabler - has only strengthened in recent months, in my opinion. I see a very comfortable upside potential ahead, and that's why I'm issuing a Buy recommendation. Broadcom's XPU Acceleration And Ethernet's Victory It's a well-known fact that Broadcom holds about 60% ...