Move is part of £27bn five-year investment plan for A-roads and motorways, with almost a third going on work such as resurfacing Ministers have pledged to spend record amounts on road maintenance as part of a £27bn five-year investment plan for England’s major roads and motorways. The government said it was aiming to “fix the foundations” with almost a third, £8.4bn, of the spending going on maint...
Move is part of £27bn five-year investment plan for A-roads and motorways, with almost a third going on work such as resurfacing Ministers have pledged to spend record amounts on road maintenance as part of a £27bn five-year investment plan for England’s major roads and motorways. The government said it was aiming to “fix the foundations” with almost a third, £8.4bn, of the spending going on maintenance, including resurfacing a quarter of England’s strategic road network. Continue reading...
Lloyd Blankfein, former chief executive officer of Goldman Sachs Group Inc., talks about the growing risk of a widespread markdown in private markets. He spoke to Bloomberg's Francine Lacqua in London. (Source: Bloomberg)
Lloyd Blankfein, former chief executive officer of Goldman Sachs Group Inc., talks about the growing risk of a widespread markdown in private markets. He spoke to Bloomberg's Francine Lacqua in London. (Source: Bloomberg)
Shares in Micron Technology, the largest American maker of memory chips, fell sharply for a second day on Thursday after Google unveiled technology this week that could reduce the amount of memory needed in AI models.
Shares in Micron Technology, the largest American maker of memory chips, fell sharply for a second day on Thursday after Google unveiled technology this week that could reduce the amount of memory needed in AI models.
Shares in Micron Technology, the largest American maker of memory chips, fell sharply for a second day on Thursday after Google unveiled technology this week that could reduce the amount of memory needed in AI models.
Shares in Micron Technology, the largest American maker of memory chips, fell sharply for a second day on Thursday after Google unveiled technology this week that could reduce the amount of memory needed in AI models.
Daniel Chetroni/iStock Editorial via Getty Images The Roundhill NVDA WeeklyPay ETF ( NVDW ) is an actively managed, leveraged exchange-traded fund designed to provide investors with weekly income with the target of achieving 120% of the weekly performance of Nvidia ( NVDA ) shares. NVDW has historically paid out an exceptionally high distribution rate, with 100% being derived from return of capita...
Daniel Chetroni/iStock Editorial via Getty Images The Roundhill NVDA WeeklyPay ETF ( NVDW ) is an actively managed, leveraged exchange-traded fund designed to provide investors with weekly income with the target of achieving 120% of the weekly performance of Nvidia ( NVDA ) shares. NVDW has historically paid out an exceptionally high distribution rate, with 100% being derived from return of capital, which is relatively common for derivative income funds. Appeal of NVDW NVDW can provide investors with differentiated returns with respect to NVDA shares, earning ROC in exchange for share price returns, effectively making NVDW an income-oriented strategy. Another appeal of the strategy is that the underlying swap derivatives are settled at the end of each calendar week rather than on a daily basis, elongating the period for which returns are compounded. This may mean that NVDW can be held for longer than a single trading day without the risk of daily compounded returns as experienced in more traditional leveraged ETFs, though it may add pricing risk in relation to large movements in the underlying asset. Despite the underlying risks, NVDW presents fluidity when compared to NVDA shares, presenting investors with a strategy that can be held for longer holding periods while earning returns on distributed capital. NVDA technical chart (TradingView) Taking into consideration the overarching theme, I believe Nvidia presents a continued growth opportunity for 2026 given the continued growth pattern for AI data center development in the US and internationally. At a high level, the hyperscalers have a cumulative backlog of $1.63T, a compelling argument for the continued capital investment cycle that will drive an increased investment outlay for sourcing AI accelerators. While custom ASICs present competition to the market, the driving theme amongst the hyperscalers is the provision of optionality rather than a sole source for compute capacity, solidifying Nvidia’s position in th...
1111IESPDJ/E+ via Getty Images Nebius ( NBIS ) has launched AI Cloud 3.5, which adds several new features to its full-stack cloud platform, including serverless artificial intelligence computing. "The introduction of serverless features gives developers the ability to launch workloads almost instantly, eliminating the need for AI teams to spend significant time configuring infrastructure before th...
1111IESPDJ/E+ via Getty Images Nebius ( NBIS ) has launched AI Cloud 3.5, which adds several new features to its full-stack cloud platform, including serverless artificial intelligence computing. "The introduction of serverless features gives developers the ability to launch workloads almost instantly, eliminating the need for AI teams to spend significant time configuring infrastructure before they can run experiments, train, or serve models in production," Nebius said. "Infrastructure configuration and runtime management are handled by the Nebius platform, enabling developers to focus on building applications instead of managing environments." The Netherlands-based AI cloud company also expanded its GPU offerings with Nvidia's ( NVDA ) RTX PRO 6000 Blackwell Server Edition, which can handle workloads involving AI inference, industrial robotics, physical AI simulations, visual computing, and drug discovery. Version 3.5 of Nebius AI Cloud Aether also introduces Data Transfer Service, which reduces data management overhead for teams working across environments by simplifying data migration and replication between external storage systems and Nebius cloud regions. The new serverless feature is currently available in public preview. More on Nebius Group Nebius: Meta And Nvidia Deals Plus New Capital Close 2026 Funding Gap, Driving $140 Price Target Nebius: The Market Got This Wrong Nebius: Positioned To Win In Any Eventuality From The $27B Meta Deal Nebius climbs after BofA initiates coverage with bullish views Nebius closes convertible debt offering, raises ~$4.3B
Treasuries fell amid a global government bond selloff stoked by rising oil prices as US President Donald Trump threatened Iran with an escalation in American military action. Yields across Treasury benchmark maturities from two to 30 years were higher by one to three basis points, off their highest levels of the day as uncertainty prevailed around a potential resolution to the conflict. After Trum...
Treasuries fell amid a global government bond selloff stoked by rising oil prices as US President Donald Trump threatened Iran with an escalation in American military action. Yields across Treasury benchmark maturities from two to 30 years were higher by one to three basis points, off their highest levels of the day as uncertainty prevailed around a potential resolution to the conflict. After Trump’s latest threats, Tasnim reported that Iran said it formally responded to the US ceasefire plan. Traders also were bracing for this week’s third and final auction of longer-term Treasury debt at 1 p.m. New York time, which follows weak demand for the first two. Those results suggest higher yields may be needed for the Thursday sale to avoid a similar fate. The seven-year note auction was indicated at around 4.22%, higher than monthly results for the tenor since a year ago. “Reasons to be optimistic about the seven-year auction may be tough to find,” Gennadiy Goldberg , head of US interest rate strategy at TD Securities, said. While yields remain attractive, poor demand for the two- and five-year sales are likely to keep investors cautious, he said. “I suspect the market would breathe a sigh of relief if the seven-year went well — but that’s far from a guarantee at this juncture.” The benchmark 10-year note’s yield rose about three basis points to 4.36%, compared with increases of at least eight basis points for most counterparts in Europe, whose economies are more sensitive to rising oil prices. The US benchmark crude oil contract, which closed at levels near $100 a barrel last week and tumbled on Monday after Trump touted progress toward ending the war, climbed as much as 5% Thursday to nearly $95 after he threatened to intensify attacks. Treasury yields have tracked oil prices since the US military action began on Feb. 28, disrupting Middle East supply. The resulting surge in energy prices threatens to result in higher US consumer inflation, particularly via its retail ...
DSD athletes also face exclusion from future Olympics IOC says move will protect fairness and safety’ The International Olympic Committee has banned transgender women and DSD athletes from the female category of events at the 2028 Los Angeles Olympics and future Games in a landmark decision. Kirsty Coventry, president of the IOC, said: “It would not be fair for biological males to compete in the f...
DSD athletes also face exclusion from future Olympics IOC says move will protect fairness and safety’ The International Olympic Committee has banned transgender women and DSD athletes from the female category of events at the 2028 Los Angeles Olympics and future Games in a landmark decision. Kirsty Coventry, president of the IOC, said: “It would not be fair for biological males to compete in the female category.” Continue reading...
Across much of the Western United States, winter 2026 was the year the snow never came. Many ski resorts got by with snowmaking but shut down their winter operations early . Fire officials and water supply managers are worried about summer. Where I live in Boise, Idaho, temperatures hit the low 80s Fahrenheit (high-20s Celsius) in mid-March. The same heat dome sent temperatures soaring to 105° F (...
Across much of the Western United States, winter 2026 was the year the snow never came. Many ski resorts got by with snowmaking but shut down their winter operations early . Fire officials and water supply managers are worried about summer. Where I live in Boise, Idaho, temperatures hit the low 80s Fahrenheit (high-20s Celsius) in mid-March. The same heat dome sent temperatures soaring to 105° F (40° C) in Phoenix. Ordinarily, water managers and hydrologists like me who study the Western US expect the mountain snowpacks to be at their fullest around April 1 . Snowpacks are natural reservoirs of water that farms and communities depend on through the hot, dry summer. Their snow water equivalent , meaning the amount of liquid water in the snowpack, is seen as a bellwether for water supplies. Read full article Comments
Revelation was included in lawsuit challenging practice of targeting people seeking to gain legal status as they leave immigration courts Sign up for the Breaking News US email to get newsletter alerts in your inbox Lawyers for ICE provided false information to justify arresting and detaining thousands of people who had attended immigration courts, according to newly filed court documents. Federal...
Revelation was included in lawsuit challenging practice of targeting people seeking to gain legal status as they leave immigration courts Sign up for the Breaking News US email to get newsletter alerts in your inbox Lawyers for ICE provided false information to justify arresting and detaining thousands of people who had attended immigration courts, according to newly filed court documents. Federal prosecutors said that lawyers for ICE acknowledged that an agency memo from May of last year gave no authorization for the arrests, court documents show , despite previously citing it to justify the arrests. Continue reading...