Hong Kong’s CK Hutchison could find it hard to secure compensation from Panamanian authorities over their decision to nullify its port operation, legal experts have said, noting that the arbitral tribunal it engaged lacks enforcement power and the issuance of damages may depend on the country’s own courts. The conglomerate, led by Hong Kong tycoon Li Ka-shing’s family, said on Wednesday that its s...
Hong Kong’s CK Hutchison could find it hard to secure compensation from Panamanian authorities over their decision to nullify its port operation, legal experts have said, noting that the arbitral tribunal it engaged lacks enforcement power and the issuance of damages may depend on the country’s own courts. The conglomerate, led by Hong Kong tycoon Li Ka-shing’s family, said on Wednesday that its subsidiary, the Panama Ports Company (PPC), commenced arbitration against Panamanian authorities a day earlier. The move was in response to a judgment of the country’s top court that declared PPC’s concession to operate two Panama Canal ports was “unconstitutional”. Advertisement CK Hutchison said the decision to start arbitration was based on the applicable concession contract and the Rules of Arbitration of the International Chamber of Commerce (ICC). Legal academics and experts in Hong Kong highlighted enforcement challenges, as the ICC International Court of Arbitration’s role was to administer the arbitration proceedings, adding that it did not possess independent enforcement powers. Advertisement “Enforcement of an arbitral award is a matter for national courts,” said international commercial arbitration expert Yan Yueming, an assistant dean at the Chinese University of Hong Kong’s law faculty.
Don’t let them push you around, my youngest son said halfway through the Camino de Santiago. You don’t have to get up early if you don’t want to. I didn’t know that was an option, replied his brother from his bunk. This subversive banter is what our family sounds like now. The old hierarchy has loosened. We are four adults negotiating the day. When we tackled the Camino a decade ago, my husband an...
Don’t let them push you around, my youngest son said halfway through the Camino de Santiago. You don’t have to get up early if you don’t want to. I didn’t know that was an option, replied his brother from his bunk. This subversive banter is what our family sounds like now. The old hierarchy has loosened. We are four adults negotiating the day. When we tackled the Camino a decade ago, my husband and I knew the walk marked an ending of sorts. One son had just finished school, the other his degree. Their lives were waiting elsewhere – different cities, countries, work, relationships. This 30-day walk was wedged into the narrow gap before those lives took hold. We were on borrowed time. View image in fullscreen Lisa Walker and her sons at the Walls of Jerusaleum national park, Tasmania in 2006 We had walked with these boys since they were babies, first carrying them in backpacks, then coaxing them along with snacks and stories, eventually handing them the weight of their own packs. Summer holidays meant hiking; winter meant ski touring. This was our family’s culture. They mostly accepted it, though not without resistance. One son declared that once he left home he would never climb a mountain again – a vow he later broke by independently hiking coast to coast across Britain. Most of our family myths have been forged on foot – getting lost in New Zealand, the flooded tent in Tasmania, the years-old drama of the stolen lollies, for which each son blames the other to this day. By the time of the Camino, walking together was familiar, but the emotional landscape had shifted. We were no longer parents and children. We were four people with sore feet and competing lunch preferences. Decisions were democratic and, in my biased opinion, often flawed. When it became clear our allotted 30 days was too short, I suggested catching the bus. I was promptly outvoted. In hindsight, this was a rehearsal for a different kind of parenthood. One where I let go of command. There are few scr...
As the Lunar New Year approaches, families across East Asia and beyond prepare not only festive meals and red decorations but also follow a series of long-standing customs believed to ward off bad luck and invite prosperity. The SCMP highlights some of the most commonly avoided taboos during the Lunar New Year and the meanings and stories behind them. Food to avoid Food plays a central role in the...
As the Lunar New Year approaches, families across East Asia and beyond prepare not only festive meals and red decorations but also follow a series of long-standing customs believed to ward off bad luck and invite prosperity. The SCMP highlights some of the most commonly avoided taboos during the Lunar New Year and the meanings and stories behind them. Food to avoid Food plays a central role in the celebrations, but not everything is suitable for the festive table. Chinese family members gather and spend time together by making traditional dishes on Lunar New Year’s Eve in Beijing. Photo: Getty Images It is important to avoid food that symbolises misfortune, separation or poverty and instead emphasise those that represent abundance, inviting prosperity, longevity and success in the year ahead. Advertisement Pears are often avoided because the Chinese word for pear sounds like “separation”, symbolising broken relationships. Although persimmons carry the auspicious meaning of “everything going smoothly”, they are considered inauspicious on Lunar New Year’s Eve because the word for persimmon, Shi, is a homophone for death in Chinese. Advertisement Colour also plays a symbolic role. The dominant colour of Lunar New Year is red, representing luck and joy, while white is associated with mourning.
Key Points After an ugly 2024 for Intel's stock, it rebounded and outperformed Nvidia's stock in 2025. Nvidia's long-term outlook remains far brighter than Intel's. 10 stocks we like better than Nvidia › One tech company that investors have bet on to turn it around is Intel (NASDAQ: INTC). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry busi...
Key Points After an ugly 2024 for Intel's stock, it rebounded and outperformed Nvidia's stock in 2025. Nvidia's long-term outlook remains far brighter than Intel's. 10 stocks we like better than Nvidia › One tech company that investors have bet on to turn it around is Intel (NASDAQ: INTC). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry business, which other chip design companies can contract with to produce their chips, is struggling to find large clients. However, late in 2025, Intel got a lifeline. Investors are excited that Nvidia (NASDAQ: NVDA) has purchased a $5 billion stake in Intel and will be collaborating with it on a host of products -- a plan that will also involve Nvidia embedding Intel's central processing units (CPUs) into some of its computing units. Intel's stock has been on fire as a result, and is now up by more than 100% since the day before that deal was announced in September. While I'm cheering for the prospect of an Intel turnaround, I think investors would still be better off scooping up shares of Nvidia. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Intel's stock isn't cheap Part of the reason why investors were excited about Intel's stock for so long was how relatively cheap it was. However, that description no longer fits. Right now, Intel trades for more than 100 times forward earnings. Nvidia is far cheaper at 24 times forward earnings. The market is clearly excited about Intel's turnaround prospects and is willing to give it the benefit of the doubt, even if revenue growth hasn't returned yet. I think investors are a bit too bullish on Intel, as the turnaround could take a long time to complete. Furthermore, there's no guarantee that one will even take place. It's far easier and safer to bet on a winner like...
One tech company that investors have bet on to turn it around is Intel (NASDAQ: INTC). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry business, which other chip design companies can contract with to produce their chips, is struggling to find large clients. However, late in 2025, Intel got a lifeline. Investors are excited that Nvidia (NASDA...
One tech company that investors have bet on to turn it around is Intel (NASDAQ: INTC). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry business, which other chip design companies can contract with to produce their chips, is struggling to find large clients. However, late in 2025, Intel got a lifeline. Investors are excited that Nvidia (NASDAQ: NVDA) has purchased a $5 billion stake in Intel and will be collaborating with it on a host of products -- a plan that will also involve Nvidia embedding Intel's central processing units (CPUs) into some of its computing units. Intel's stock has been on fire as a result, and is now up by more than 100% since the day before that deal was announced in September. While I'm cheering for the prospect of an Intel turnaround, I think investors would still be better off scooping up shares of Nvidia. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Intel's stock isn't cheap Part of the reason why investors were excited about Intel's stock for so long was how relatively cheap it was. However, that description no longer fits. Right now, Intel trades for more than 100 times forward earnings. Nvidia is far cheaper at 24 times forward earnings. The market is clearly excited about Intel's turnaround prospects and is willing to give it the benefit of the doubt, even if revenue growth hasn't returned yet. I think investors are a bit too bullish on Intel, as the turnaround could take a long time to complete. Furthermore, there's no guarantee that one will even take place. It's far easier and safer to bet on a winner like Nvidia, as winners tend to keep on winning. Intel's growth isn't anything special Wall Street analysts are also skeptical of Intel's turnaround prospects. For its fiscal 2026,...
'Football aspect of Liverpool season not so important after Jota' Former Liverpool goalkeeper Caoimhin Kelleher says performances and results at his old club are not quite as important this season following the death of Diogo Jota.
'Football aspect of Liverpool season not so important after Jota' Former Liverpool goalkeeper Caoimhin Kelleher says performances and results at his old club are not quite as important this season following the death of Diogo Jota.
Savannah Guthrie told the potential kidnappers of her mother, Nancy Guthrie, on Saturday that the family is prepared to pay for her safe return, as the frantic search for the 84-year-old entered a seventh day. “We received your message, and we understand. We beg you now to return our mother to us so that we can celebrate with her,” she said in a video posted on social media, flanked by her sibling...
Savannah Guthrie told the potential kidnappers of her mother, Nancy Guthrie, on Saturday that the family is prepared to pay for her safe return, as the frantic search for the 84-year-old entered a seventh day. “We received your message, and we understand. We beg you now to return our mother to us so that we can celebrate with her,” she said in a video posted on social media, flanked by her siblings. “This is the only way we will have peace. This is very valuable to us, and we will pay.” It was not immediately clear whether the longtime host of NBC’s Today show was referring to a new message from someone who might have kidnapped Nancy Guthrie. The Associated Press reached out to the FBI and the Pima county sheriff’s department in Arizona seeking additional details. Tucson TV station KOLD reported on Friday that it had received a message via email that was tied to the Guthrie case, the contents of which it could not disclose. The FBI said it was aware of a new message and was reviewing its authenticity. Investigators think Nancy Guthrie was taken against her will from her home just outside Tucson last weekend. DNA tests showed blood on Guthrie’s front porch was a match to her, Pima county sheriff Chris Nanos has said. Authorities have not identified any suspects or ruled anyone out. The sheriff said Friday that he was frustrated that a camera at Nancy Guthrie’s home was not able to capture images of anyone the day she went missing. Investigators have found that the home’s doorbell camera was disconnected early Sunday and that software data recorded movement at the home minutes later. But Nancy Guthrie did not have an active subscription, so none of the images were able to be recovered. The sheriff said Thursday that investigators have not given up on trying to retrieve camera recordings. “I wish technology was as easy as we believe it is, that here’s a picture, here’s your bad guy. But it’s not,” Nanos told the AP. “There are pieces of information that come to us from...
He will know about Saudi's human rights record, where same-sex relationships are criminalised and public protest and political dissent are punished. William will also be aware of the role of women and how they are treated in the country - while it has given women more freedom in recent years (in 2018 they were allowed to drive for the first time in decades), there are still enormous limitations co...
He will know about Saudi's human rights record, where same-sex relationships are criminalised and public protest and political dissent are punished. William will also be aware of the role of women and how they are treated in the country - while it has given women more freedom in recent years (in 2018 they were allowed to drive for the first time in decades), there are still enormous limitations compared with men.
Immigrant whose skull was broken in 8 places during ICE arrest says beating was unprovoked toggle caption Mark Vancleave/AP MINNEAPOLIS — Alberto Castañeda Mondragón says his memory was so jumbled after a beating by immigration officers that he initially could not remember he had a daughter and still struggles to recall treasured moments like the night he taught her to dance. But the violence he e...
Immigrant whose skull was broken in 8 places during ICE arrest says beating was unprovoked toggle caption Mark Vancleave/AP MINNEAPOLIS — Alberto Castañeda Mondragón says his memory was so jumbled after a beating by immigration officers that he initially could not remember he had a daughter and still struggles to recall treasured moments like the night he taught her to dance. But the violence he endured last month in Minnesota while being detained is seared into his battered brain. He remembers Immigration and Customs Enforcement agents pulling him from a friend's car on Jan. 8 outside a St. Paul shopping center and throwing him to the ground, handcuffing him, then punching him and striking his head with a steel baton. He remembers being dragged into an SUV and taken to a detention facility, where he said he was beaten again. Sponsor Message He also remembers the emergency room and the intense pain from eight skull fractures and five life-threatening brain hemorrhages. "They started beating me right away when they arrested me," the Mexican immigrant recounted this week to The Associated Press, which recently reported on how his case contributed to mounting friction between federal immigration agents and a Minneapolis hospital. Castañeda Mondragón, 31, is one of an unknown number of immigration detainees who, despite avoiding deportation during the Trump administration's enforcement crackdown, have been left with lasting injuries following violent encounters with ICE officers. His case is one of the excessive-force claims the federal government has thus far declined to investigate. He was hurt so badly he was disoriented for days at Hennepin County Medical Center, where ICE officers constantly watched over him. Officers claimed he ran headfirst into a wall The officers told nurses Castañeda Mondragón "purposefully ran headfirst into a brick wall," an account his caregivers immediately doubted. A CT scan showed fractures to the front, back and both sides of his skull ...
Washington Post CEO And Publisher Quits As Newspaper Implodes In Epic Chaos How the mighty have fallen. In a "poetic ending" plot twist, that even jaded conspiracy theorists would have had trouble scripting, Washington Post CEO and publisher Will Lewis has abruptly and unexpectedly stepped down from his perch atop Jeff Bezos's crumbling media empire. Well, maybe not that unexpectedly... That's rig...
Washington Post CEO And Publisher Quits As Newspaper Implodes In Epic Chaos How the mighty have fallen. In a "poetic ending" plot twist, that even jaded conspiracy theorists would have had trouble scripting, Washington Post CEO and publisher Will Lewis has abruptly and unexpectedly stepped down from his perch atop Jeff Bezos's crumbling media empire. Well, maybe not that unexpectedly... That's right, the same WaPo that spent years hurling "fake news" grenades at us here at ZeroHedge, trying to get us deplatformed, demonetized, and disappeared from the internet, is now eating crow as their own house of CIA-funded cards collapses. Yes, this is our unapologetic victory lap – we've outlasted another establishment hack, which earlier this week saw an in house "Red Wedding " where hundreds of CIA conduits "reporters" were fired... and it feels good. Lewis's exit was announced late on Saturday around 6pm ET, just days after he orchestrated a bloodbath of layoffs that axed a whopping 30% of the staff – over 300 journalists sent packing in what can only be described as a desperation move to staunch the bleeding from years of financial hemorrhaging and dwindling readership. Lewis, ever the gracious Brit, framed his departure as a noble sacrifice "in order to ensure the sustainable future of The Post." Sure, Will – because nothing says "sustainable future" like firing a third of your workforce and then bailing before the pitchforks come out. Meanwhile, as Semafor notes, the real reason for Lewis' departure is the he presided over two major errors, one his, and the other that of his boss, Jeff Bezos who clearly has grown bored with his vanity media project. First, Lewis blocked the Post reporting on his role in the UK phone hacking scandal, preventing the publication of a story few would have read anyway. Then, Bezos pulled a planned endorsement of Vice President Kamala Harris at the 11th hour, for apparent fear of offending Donald Trump. That endorsement wouldn’t have made muc...
NBC主播八旬母遭綁架失蹤一周 格斯里拍片稱願付贖金 警再搜胞姊住所 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國電視主播格斯里84歲的母親被綁架失蹤一周,格斯里稱願意交付贖金,希望與母親團聚。警方再到格斯...
NBC主播八旬母遭綁架失蹤一周 格斯里拍片稱願付贖金 警再搜胞姊住所 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國電視主播格斯里84歲的母親被綁架失蹤一周,格斯里稱願意交付贖金,希望與母親團聚。警方再到格斯里姊姊寓所蒐證,仍未鎖定嫌疑人。 全國廣播公司主播格斯里再次拍片,稱收到綁匪訊息,願意交贖金。美國全國廣播公司主播格斯里:「我們求你將母親還給我們,讓我們與她慶祝,這是我們得到平安的唯一途徑,對我們來說非常寶貴,我們願意交付贖金。」 84歲的南西被綁架失蹤7日,傳媒估計格斯里所指的訊息是其中一間電視台周五收到的電郵。電視台說電郵有敏感訊息,但有別於之前的勒索信,沒有交代限期。最先有傳媒報稱收到懷疑由綁匪寄出的勒索電郵,據悉內容提及南西家中的燈飾等細節,並提出2月5日和9日兩個限期。 警方再次搜查格斯里姊姊安妮的住所,因為安妮和丈夫上月底曾與南西吃晚飯,數小時後南西就失蹤了。南西最後一次露面地點亞利桑那州皮馬縣的寓所附近,警方早前已檢走南西的車,取走屋頂攝影機,並向附近店鋪及鄰居索取閉路電視片段,繼續懸賞5萬美元呼籲公眾提供線索。
意大利米蘭反冬奧示威爆警民衝突 至少6人被捕 多市鐵路設施遭破壞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】意大利米蘭反冬奧示威演變成警民衝突,至少6人被捕。另外中部和北部都有鐵路設施遭蓄意破壞。 示威者在冬...
意大利米蘭反冬奧示威爆警民衝突 至少6人被捕 多市鐵路設施遭破壞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】意大利米蘭反冬奧示威演變成警民衝突,至少6人被捕。另外中部和北部都有鐵路設施遭蓄意破壞。 示威者在冬奧場館附近向警員投擲煙花、煙霧彈及雜物,現場煙霧瀰漫、火花四濺。警方出動水炮車,持盾防暴警察向示威者推進,揮打警棍,試圖驅散人群。 意大利冬奧開幕後,在主辦城市之一的米蘭,約一萬人響應工會和民間組織號召上街集會,不滿舉辦冬奧浪費公帑,令生活成本飆升,興建場館亦影響環境。亦有人反對美國移民及海關執法局人員到意大利執勤。 遊行初時大致和平,之後約100名示威者脫離遊行隊伍前往冰上曲棍球場館,與警方爆發衝突,據報多人被捕。 除了米蘭的示威,多個地方的鐵路基礎設施亦懷疑被蓄意破壞,中部沿海城市佩薩羅有路軌轉轍裝置被縱火。數小時後,北部的博洛尼亞再發現有電纜被剪斷,路軌旁發現一個爆炸裝置。博洛尼亞是重要交通樞紐,北部鐵路交通嚴重受阻,列車延誤逾兩個半小時。 當局批評是嚴重破壞行為,不排除是無政府主義者所為,又提到兩年前巴黎奧運開幕,亦同樣發生類似的破壞行為。
宏福苑大火|大埔「宏福客廳」開幕 逾70張二手茶几變祝福畫牆 居民:希望能多回來 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】有義工組織在大埔開辦「宏福客廳」,為宏福苑居民及區內有需要人士提供休閒空間。 「宏福...
宏福苑大火|大埔「宏福客廳」開幕 逾70張二手茶几變祝福畫牆 居民:希望能多回來 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】有義工組織在大埔開辦「宏福客廳」,為宏福苑居民及區內有需要人士提供休閒空間。 「宏福客廳」在大埔墟站附近一幢唐樓地下,有沙發等簡單休閒設備,開幕日準備了飯盒及福袋免費派發,不少長者排隊領取。客廳外這幅畫牆由逾70張二手茶几製作而成,畫上不同畫作或祝福字句,展期完結後,有需要的宏福苑居民可以免費取走。 宏福苑居民陳女士:「去了元朗洪水橋住,見到這裡開張,他們又很關心我們宏福苑的居民,所以便過來領取福袋、食物。有時間都希望多回來,如果有個客廳讓我們宏福苑的街坊大家多見面,不然日後不知何時可以再見。」
Intel stock may have bounced back in 2025, but I'm betting on the chip industry's best in 2026. One tech company that investors have bet on to turn it around is Intel (INTC +4.91%). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry business, which other chip design companies can contract with to produce their chips, is struggling to find large...
Intel stock may have bounced back in 2025, but I'm betting on the chip industry's best in 2026. One tech company that investors have bet on to turn it around is Intel (INTC +4.91%). Intel was a key computing innovator during the early 2000s, but it has slowly lost its edge. Its foundry business, which other chip design companies can contract with to produce their chips, is struggling to find large clients. However, late in 2025, Intel got a lifeline. Investors are excited that Nvidia (NVDA +8.01%) has purchased a $5 billion stake in Intel and will be collaborating with it on a host of products -- a plan that will also involve Nvidia embedding Intel's central processing units (CPUs) into some of its computing units. Intel's stock has been on fire as a result, and is now up by more than 100% since the day before that deal was announced in September. While I'm cheering for the prospect of an Intel turnaround, I think investors would still be better off scooping up shares of Nvidia. Intel's stock isn't cheap Part of the reason why investors were excited about Intel's stock for so long was how relatively cheap it was. However, that description no longer fits. Right now, Intel trades for more than 100 times forward earnings. Nvidia is far cheaper at 24 times forward earnings. The market is clearly excited about Intel's turnaround prospects and is willing to give it the benefit of the doubt, even if revenue growth hasn't returned yet. I think investors are a bit too bullish on Intel, as the turnaround could take a long time to complete. Furthermore, there's no guarantee that one will even take place. It's far easier and safer to bet on a winner like Nvidia, as winners tend to keep on winning. Intel's growth isn't anything special Wall Street analysts are also skeptical of Intel's turnaround prospects. For its fiscal 2026, they expect on 2% revenue growth. For fiscal 2027, that figure rises to nearly 8%. Compare that to Nvidia, which is expected to grow at a 52% rate for it...
Taipei, Feb 8, 2026, 08:36 (GMT+8) — The market is shut. MediaTek shares ended Friday in the red, shaping expectations for the coming week. The chip designer is pushing further into data-center chips, shifting its sights past smartphones. The January sales update lands right next to the Lunar New Year break on the calendar. MediaTek Inc slid 3.4% to finish at NT$1,710 on Friday. Shares ranged from...
Taipei, Feb 8, 2026, 08:36 (GMT+8) — The market is shut. MediaTek shares ended Friday in the red, shaping expectations for the coming week. The chip designer is pushing further into data-center chips, shifting its sights past smartphones. The January sales update lands right next to the Lunar New Year break on the calendar. MediaTek Inc slid 3.4% to finish at NT$1,710 on Friday. Shares ranged from NT$1,690 up to NT$1,755 during the session, while volume hit roughly 11.8 million. Taiwan’s market will not open over the weekend. 1 Investors are staring at two narratives as next week approaches: on one hand, the data-center boom is still powering ahead; on the other, tech stocks are looking less steady. This month’s extended Lunar New Year break is squeezing the window for new developments even tighter. Here’s the thing: MediaTek relies a lot on chips for phones and other consumer electronics. If demand slips, it tends to hit monthly sales and margins right away. MediaTek told reporters in Taipei on Friday it’s set to double down on data-center tech, targeting areas like advanced packaging—techniques that combine several chips into a single unit—and fast interconnects. President Joe Chen pointed to a clear pivot toward high-performance computing, noting the company is now producing ASICs, or application-specific chips, for cloud operators. Chen added that MediaTek is teaming up with Taiwan Semiconductor Manufacturing Co on co-packaged optics, which uses optical links within chip packages. The company is also lining up a 400-gigabit-per-second SerDes data interface for release later this year. 2 Earlier this week, chief executive Rick Tsai flagged that AI-fueled demand is driving up costs through the semiconductor supply chain. MediaTek, Tsai said, plans to tweak pricing and manage supply with profitability in mind. “We will also adjust our pricings to reflect the rising supply chain costs,” Tsai said. 3 MediaTek’s fourth-quarter numbers are in: net sales reached NT$150....
New York, Feb 7, 2026, 19:35 EST — The market has closed. Qualcomm eked out a modest gain on Friday. Still, traders kept their attention on the ongoing memory-chip crunch that’s pressuring handset manufacturers. Qualcomm’s CFO unloaded a modest batch of shares, according to an SEC filing, with the sale executed through a prearranged trading plan. Up ahead: markets watch for signals on smartphone p...
New York, Feb 7, 2026, 19:35 EST — The market has closed. Qualcomm eked out a modest gain on Friday. Still, traders kept their attention on the ongoing memory-chip crunch that’s pressuring handset manufacturers. Qualcomm’s CFO unloaded a modest batch of shares, according to an SEC filing, with the sale executed through a prearranged trading plan. Up ahead: markets watch for signals on smartphone production plans, and if Apple shifts iPhone pricing. Qualcomm ended Friday at $137.34, up 0.8%. The stock moved in a range from $135.31 to $139.13 during the session. As U.S. markets head into the weekend break, investors are left gauging the impact of a memory supply squeeze heading into Monday. Smartphone makers are running up against a memory crunch, with AI data centers soaking up supply. Apple CEO Tim Cook noted the company has “different levers” to pull as memory costs climb. Over at Qualcomm, CFO Akash Palkhiwala flagged that some Chinese clients are slashing build forecasts. “It just seems like they are going to continue to get disproportionate share of the available DRAM,” said Melius Research’s Ben Reitzes during Qualcomm’s earnings call, pointing to Apple’s edge on buying dynamic random-access memory—the chips that keep phone apps humming. 1 Qualcomm now bakes the supply squeeze into its immediate forecast. For the fiscal second quarter, the chipmaker is looking at revenue between $10.2 billion and $11.0 billion, with adjusted diluted EPS projected in a $2.45 to $2.65 range. That outlook, the company noted, already factors in memory supply issues facing its handset customers. 2 Qualcomm posted its highest-ever quarterly revenue this week, coming in around $12.3 billion. GAAP earnings per share landed at $2.78, with adjusted EPS at $3.50. CEO Cristiano Amon flagged growing momentum in “personal, industrial and physical AI” but cautioned that industry-wide memory supply issues are weighing on the near-term handset outlook. 2 One more angle for traders watching insi...
On Thursday, Wedbush analyst Dan Ives said that Wall Street is punishing software stocks like Salesforce Inc. (NYSE:CRM), ServiceNow Inc. (NYSE:NOW) and Microsoft Corp (NASDAQ:MSFT) as if they are no longer relevant in the AI age. Ives: Historic Selloff Unlike Anything Before Speaking with Bloomberg, Ives addressed the ongoing drawdowns in software stocks. "I could tell you in 25 years, this struc...
On Thursday, Wedbush analyst Dan Ives said that Wall Street is punishing software stocks like Salesforce Inc. (NYSE:CRM), ServiceNow Inc. (NYSE:NOW) and Microsoft Corp (NASDAQ:MSFT) as if they are no longer relevant in the AI age. Ives: Historic Selloff Unlike Anything Before Speaking with Bloomberg, Ives addressed the ongoing drawdowns in software stocks. "I could tell you in 25 years, this structural sell-off in software is unlike anything I’ve ever seen." He continues saying that investors are treating software companies as if "software doesn't have space" in today's AI age. "You have to assume that they’re not just taking the street numbers. You have to assume that they’re actually declining the next few years," he said. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. Ives added that the valuations indicate that some companies could lose about 5% of their customers. AI Is A Headwind—But Not A Death Sentence During the conversation, Ives admitted that AI is disrupting the software industry, but said that thinking they have become obsolete is going too far. He cited Palantir Technologies (NASDAQ:PLTR) as a prime example of how software can still make it in today's age. .@DivesTech of Wedbush Securities says he's never seen a structural software stock selloff like this in 25 years, but he's still bullish on tech stocks. He speaks on "Bloomberg The Close" https://t.co/8A9BnXRIj6 pic.twitter.com/NmQntpyWsB Trending: Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors. Earlier, at Cisco AI Summit, Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang also rejected concerns about software obsolescence. He called the idea "illogical," stating that AI relies on software and is...
In a shallow reef close to New Zealand’s east coast shore, a group of 30 people wearing khaki overalls and boots huddle together like a crescent moon, waiting for the stars of the show to arrive. They don’t have to wait long. Six eagle rays and short-tailed stingrays – some weighing over 300kg - glide through the green waters to the group where they brush up against legs and, with the force of a v...
In a shallow reef close to New Zealand’s east coast shore, a group of 30 people wearing khaki overalls and boots huddle together like a crescent moon, waiting for the stars of the show to arrive. They don’t have to wait long. Six eagle rays and short-tailed stingrays – some weighing over 300kg - glide through the green waters to the group where they brush up against legs and, with the force of a vacuum-cleaner, slurp fish off submerged hands. If the group had initially felt trepidation about encountering these animals in the wild, their minds are soon changed. View image in fullscreen Guides do not know which stingrays will show up for the reef ecology tours near Gisborne. Photograph: Derek Morrison “Stingrays are like big sea puppy pancakes,” says Bella, 19, who in January joined New Zealand’s only wild stingray experience, run by Dive Tatapouri near Gisborne. “They were all so loving to the people and the staff, they just wanted pats and cuddles,” she says. “It was the coolest thing I’ve ever seen.” Bella, who wished to give her first name only, said interacting with the species was “unreal” and had changed her perspective on the creatures. “I would never expect to have a stingray literally right by my feet and petting it, it was honestly breathtaking.” View image in fullscreen Photograph: Derek Morrison New Zealand is home to three coastal stingray species, which are abundant and frequently spotted cruising harbours and coastlines. There are few places around the world where people can safely interact with the creatures in their natural habitat. Owner of Dive Tatapouri Dean Savage – a former commercial diver and underwater cameraman – started the business more than 20 years ago but his affinity with stingrays developed much earlier as a child watching his father, another diver, interact with the animals. “He knew the image of the stingray and the reality of the stingray were two different things,” Savage says. View image in fullscreen Dive Tatapouri owners Chris ...
The snowboarding star Valentino Guseli has fallen short in his unexpected bid to win Australia’s first medal of the Winter Olympics in Italy, stumbling on the landing twice in an all-or-nothing final. Guseli was looking to continue his fairytale start to the Milano Cortina Games after he qualified for the big air final in “insane” fashion. But the 20-year-old was was unable to stick the landing on...
The snowboarding star Valentino Guseli has fallen short in his unexpected bid to win Australia’s first medal of the Winter Olympics in Italy, stumbling on the landing twice in an all-or-nothing final. Guseli was looking to continue his fairytale start to the Milano Cortina Games after he qualified for the big air final in “insane” fashion. But the 20-year-old was was unable to stick the landing on two of his jumps in the final on Saturday night in Livigno and finished 10th. Japan’s Kira Kimura won gold ahead of countryman Ryoma Kimata, with China’s defending Olympic champion Su Yiming third. “I couldn’t have tried harder or wanted it more so yeah, no regrets,” Guseli said after the event. “I was just stoked to be out there riding – first big air final in quite a long time, first big air final, first big air comp in the Olympics. “I had a lot of fun riding and I left it all out there, for sure.” View image in fullscreen Valentino Guseli flies high during the big air final. Photograph: Gregory Bull/AP Guseli only got a bib for the qualifying round when another competitor, Canadian great Mark McMorris, pulled out through injury. With just a few hours notice and without a training run he clinched the last spot in the 12-man final with a spectacular, soaring final jump. But he was unable to repeat his heroics in the high-pressure medal round in which a number of competitors suffered heavy falls. Guseli fell in his first round jump to score 23.0 to sit second last but then nailed a switch backside 1980 tail grab – the same move that qualified him for the final – to score 86.75. Back in the mix, with each competitor’s best two jumps counting, Guseli went for a backside 1980 on his third and final run but fell on the landing and slid on his back, giving him a score of 16.50. “I had a lot of personal wins today. I did the trick that I ruptured my ACL on for the first time since I ruptured [it],” said Guseli, who suffered that knee injury in late 2024. View image in fullscree...
But its explosion into the zeitgeist since its debut last November has propelled its cast - and the people behind the scenes - into the stratosphere. Its penultimate episode has broken records to tie with Breaking Bad for the highest-rated episode ever on entertainment website IMDB. Now streaming in the UK and across the globe, the show's runaway success has the potential to reshape the television...
But its explosion into the zeitgeist since its debut last November has propelled its cast - and the people behind the scenes - into the stratosphere. Its penultimate episode has broken records to tie with Breaking Bad for the highest-rated episode ever on entertainment website IMDB. Now streaming in the UK and across the globe, the show's runaway success has the potential to reshape the television landscape.