Hong Kong’s education authorities have demanded a written report from a secondary school after a video went viral that apparently shows its principal swearing at security guards during a school trip to Singapore. The Education Bureau said on Sunday that it had approached the school and its sponsoring body upon learning of the incident, and would remain in close contact to provide advice. “The bure...
Hong Kong’s education authorities have demanded a written report from a secondary school after a video went viral that apparently shows its principal swearing at security guards during a school trip to Singapore. The Education Bureau said on Sunday that it had approached the school and its sponsoring body upon learning of the incident, and would remain in close contact to provide advice. “The bureau has demanded that the school seriously follow up on the issue and submit a detailed written account. The school has activated its crisis management team to investigate the matter thoroughly,” a spokeswoman said. Advertisement “If a teacher were found to have breached the professional conduct, the bureau would review the teacher’s registration and take appropriate action based on the nature and severity of the incident.” The footage posted on social media shows a man arguing with two security guards from the doorway of a coach. Advertisement Pointing his fingers at the guards, the man yells “shut up” and “go away” and swears at them. People around him can also be seen trying to calm him down.
Mike Hansen/iStock via Getty Images Introduction The stock market is at (or close to) its all-time high. Generally speaking, this causes people to believe that everything is fine. Right now, this thesis is supported by the latest Bank of America Global Fund Manager Survey, which I posted below. It shows a record monthly increase in the number of fund managers who are overweight in stocks. Bank of ...
Mike Hansen/iStock via Getty Images Introduction The stock market is at (or close to) its all-time high. Generally speaking, this causes people to believe that everything is fine. Right now, this thesis is supported by the latest Bank of America Global Fund Manager Survey, which I posted below. It shows a record monthly increase in the number of fund managers who are overweight in stocks. Bank of America That’s fascinating for a number of reasons. One reason is the fact that the same survey showed that most investors see stagflation risks (see below). Although I have to add that they had this sentiment for more than three years, it’s still an interesting development in light of their general bullishness. Bank of America After all, if you expect stagflation or even the risks of stagflation to rise, you are unlikely to make a lot of bullish bets. You are much more likely to invest in specific assets like gold, silver, real estate, and other investments that tend to do well when growth declines and inflation risks soar. The problem is that the market has basically become one big AI trade. That’s my way of saying the rules that seemed to have applied in the past don’t apply anymore. That’s not bad for high-flying tech stocks. Unfortunately, it creates a market that is heavily unbalanced. One can make the case that this is a longer-term risk for conservative investors who overestimate the diversification of the S&P 500. However, for the time being, it makes sense. Using the Morgan Stanley numbers below, we see that the five biggest hyperscalers are expected to spend more than $1 trillion in CapEx next year. I kid you not when I say that this is the most bullish CapEx chart I’ve ever seen, especially as the data I have shown in recent articles hinted at $900-ish billion in 2028 CapEx. These numbers are both higher and expected to occur earlier. Bloomberg Personally, I don’t care much what the actual number is. My point is that this is QE-like spending that has turned the ...
dima_zel/iStock via Getty Images Market Brief – Warsh Takes The Helm The week opened on the back foot and ended at a record high. The S&P 500 closed Friday at 7,473.47, up 0.37% on the day and 0.9% for the week, notching its eighth straight winning week. That’s the longest weekly win streak since late 2023. The Dow added 294 points Friday to finish at 50,579.70, also a new record close, with the i...
dima_zel/iStock via Getty Images Market Brief – Warsh Takes The Helm The week opened on the back foot and ended at a record high. The S&P 500 closed Friday at 7,473.47, up 0.37% on the day and 0.9% for the week, notching its eighth straight winning week. That’s the longest weekly win streak since late 2023. The Dow added 294 points Friday to finish at 50,579.70, also a new record close, with the index gaining 2.1% on the week. The Nasdaq Composite tacked on 0.19% Friday to 26,343.97, up 0.5% for the week and posting its seventh advance in the past eight weeks. The Russell 2000 added 0.84%, leading the major averages on the session as rate-sensitive small caps caught a bid. The week’s defining moment came on Friday morning. Kevin Warsh was sworn in as Federal Reserve Chair in the White House East Room, replacing Jerome Powell after eight years. Justice Clarence Thomas administered the oath. Trump told the crowd, “I want Kevin to be totally independent. Don’t look at me, don’t look at anybody.” Markets had largely priced in the transition, but Warsh’s reform-oriented tone in his first remarks signals a meaningful shift in Fed communication. Powell will stay on as a governor, the first time a Fed chair has done so in nearly 80 years. Stephen Miran resigned to make room for Warsh on the Board. The bond market did most of the heavy lifting earlier in the week. The 30-year Treasury yield touched 5.19% on Tuesday, the highest reading since 2007, and that print drove a three-day equity selloff Monday through Wednesday. Then the long end began to pull back. By Friday’s close, the 10-year had eased to 4.54%, down for the third straight session, and the 30-year settled in the 5.05% area. Lower oil prices and improved Iranian negotiation rhetoric helped cool inflation expectations. WTI crude swung from above $108 Monday down to $96 Thursday before climbing back to about $98 Friday morning. Brent finished near $105. Sector leadership was the cleanest signal of the week. Health c...
Stanley Druckenmiller's moves have been particularly telling throughout the artificial intelligence (AI) revolution. After initiating a position in Nvidia (NVDA 1.86%) during the early generative AI surge, the billionaire money manager fully exited the position by late 2024. During the first quarter of 2026, his Duquesne Family Office initiated new stakes in Broadcom (AVGO +0.01%), Intel (INTC +1....
Stanley Druckenmiller's moves have been particularly telling throughout the artificial intelligence (AI) revolution. After initiating a position in Nvidia (NVDA 1.86%) during the early generative AI surge, the billionaire money manager fully exited the position by late 2024. During the first quarter of 2026, his Duquesne Family Office initiated new stakes in Broadcom (AVGO +0.01%), Intel (INTC +1.18%), and Arm Holdings (ARM +2.78%). This is no random reshuffling. These decisions reflect a deliberate bet that a new layer within the AI chip stack is emerging -- moving away from Nvidia's general-purpose training GPUs (graphic processing units) and shifting toward greater adoption of custom silicon and central processing units (CPUs). Why did Stanley Druckenmiller sell Nvidia stock? Druckenmiller bought 582,915 shares of Nvidia during the fourth quarter of 2022. During the quarters that followed, he traded around Nvidia as the rise of ChatGPT sparked an AI frenzy featuring the chipmaker's indispensable GPUs. Between ChatGPT's commercial launch (Nov. 30, 2022) and the end of the third quarter of 2024, Nvidia stock had risen more than 600%, eventually becoming the world's most valuable company. Even to a bull like Druckenmiller, this appeared as a clear example of extreme valuation expansion. Liquidating his position was a prudent demonstration of portfolio management: Take profits when prices get ahead of fundamentals, even in a compelling story stock such as Nvidia. Druckenmiller said selling Nvidia was a mistake During an interview with Bloomberg in October 2024, Druckenmiller admitted that he sold Nvidia too early -- saying the move was a "big mistake." He praised Nvidia and alluded that his fund would consider buying the stock again if the valuation became reasonable. Nevertheless, by mid-2026, Nvidia's valuation profile had moderated from its peaks, yet Druckenmiller still remained on the sidelines. Instead of returning to the GPU leader, he appears to be shifting c...
I’ve been reading SpaceX’s pre-IPO disclosures hunting for the buried sentence others skip. There’s a passage in the risk section that reads like a screenplay: foreign powers, orbital weapons, and a constellation of satellites already in someone’s targeting reticle. It sounds like science fiction. It’s real. Here is the actual language from the document: “The ... Buried Deep in SpaceX’s Pre-IPO Di...
I’ve been reading SpaceX’s pre-IPO disclosures hunting for the buried sentence others skip. There’s a passage in the risk section that reads like a screenplay: foreign powers, orbital weapons, and a constellation of satellites already in someone’s targeting reticle. It sounds like science fiction. It’s real. Here is the actual language from the document: “The ... Buried Deep in SpaceX’s Pre-IPO Disclosures: A Threat to Starlink That Sounds Like Science Fiction
Key Points Rocket Lab and Eta Space will help NASA figure out in-space refueling of rockets in July. SpaceX plans to conduct its own in-orbit refueling demonstration between Starships in June. 10 stocks we like better than Rocket Lab › Space is hard. Tasks as simple as "filling up the tank" here on Earth become complex exercises in fluid dynamics when you add in factors such as: Will AI create the...
Key Points Rocket Lab and Eta Space will help NASA figure out in-space refueling of rockets in July. SpaceX plans to conduct its own in-orbit refueling demonstration between Starships in June. 10 stocks we like better than Rocket Lab › Space is hard. Tasks as simple as "filling up the tank" here on Earth become complex exercises in fluid dynamics when you add in factors such as: 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 » The extreme cold of cryogenic liquid methane and oxygen -- and its tendency to boil off as gaseous methane and oxygen if temperatures rise. The lack of gravity to move fuel in the direction you want it to go. The need to fire thrusters to create a bit of gravity. And the extreme temperature variations spacecraft encounter when exposed to direct sunlight (or deprived of it) while orbiting Earth with no protective atmosphere -- all while trying to steadily transfer fuel from one tank to another. And yet, figuring out how to refuel spacecraft in orbit will be essential if we're ever to launch spacecraft capable of traveling more than just "one tankful" away from Earth. It's especially essential in the context of NASA's Project Artemis, which proposes to use a SpaceX Starship, tweaked to serve as a Human Landing System, to carry astronauts to the moon and back. The problem SpaceX estimates it will need to launch 12 Starships, each fully loaded with methalox fuel (liquid methane and liquid oxygen), to fill up its Human Landing System in orbit. This will give HLS enough fuel to leave Earth orbit, travel to lunar orbit, dock with the Artemis IV Orion spacecraft, descend to the moon, and finally reascend to lunar orbit for another docking with Orion. Before this can happen, though, SpaceX must master the procedure for transferring cryogenic liquid fuel between Starships in orbit, fir...
Key Points Given its astounding 2026 performance, Generac should be generating more buzz. Ties to AI are fanning the flames of this year's rally. Generac has a track record of long-term growth. 10 stocks we like better than Generac › Maybe it's the result of investors' unbridled passion for artificial intelligence (AI). However, it's possible for some stocks, credible ones at that, to post signifi...
Key Points Given its astounding 2026 performance, Generac should be generating more buzz. Ties to AI are fanning the flames of this year's rally. Generac has a track record of long-term growth. 10 stocks we like better than Generac › Maybe it's the result of investors' unbridled passion for artificial intelligence (AI). However, it's possible for some stocks, credible ones at that, to post significant rallies and still slip through the cracks. Up 82% year to date and most certainly not an AI stock in the traditional sense, Generac (NYSE: GNRC) isn't leading an outright anonymous existence, but it's also fair to say that if this were a technology stock, it'd be garnering considerably more fanfare. 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 » The other side of the coin is that, with the stock having nearly doubled over the past 12 months and trading near 52-week highs, it might be "priced to perfection," and some market observers argue for subdued returns over the next couple of years. Let's see if Generac has the potential for upside surprises. A derivative AI trade From its February 2010 public debut through its March 2021 S&P 500 inclusion and for a few years beyond, Generac was widely known as a manufacturer of backup power generators for commercial and residential buildings. If your lights and air conditioning go out during a storm, it's nice to have a Generac generator to keep those essentials running. Guess what other buildings need backup power supplies? AI data centers, and that goes a long way toward explaining the breathtaking rally notched by Generac shares. Data center demand is a primary reason the company's commercial and industrial segment tallied a first-quarter sales increase of 28%, increased 2026 guidance, and a backlog of more than $700 million. All of that sounds positive, a...
Alphabet (GOOG 1.04%) (GOOGL 1.19%) stock has had a strong rally since April began. The stock has risen more than 33% since then, which may have investors wondering if Alphabet stock is still a bargain, as it was a few months ago. Let's take a look at a few valuation measures and see if Alphabet is a buy right now or if investors should move their investment dollars elsewhere. Alphabet has gone fr...
Alphabet (GOOG 1.04%) (GOOGL 1.19%) stock has had a strong rally since April began. The stock has risen more than 33% since then, which may have investors wondering if Alphabet stock is still a bargain, as it was a few months ago. Let's take a look at a few valuation measures and see if Alphabet is a buy right now or if investors should move their investment dollars elsewhere. Alphabet has gone from a laughingstock to a market leader Alphabet wasn't the artificial intelligence (AI) leader it is today at this time last year. The market was concerned that AI was going to obliterate its Google Search business and that Alphabet's generative AI models (Gemini) couldn't stand up to the competition. That thesis has proven to be false so far. Google Search has transformed into an AI-first platform, with most searches now offering AI-powered summaries that enhance the overall product experience. Gemini has proven itself to be a leading AI model and can stand with some of the most prominent AI start-ups. As a result, its valuation has increased thanks to improving confidence. GOOG PE Ratio data by YCharts Alphabet's price-to-earnings ratio has nearly doubled from its lows in April 2025, which may make investors concerned about its future. However, 30 times earnings has been the usual high-end range for best-in-class big tech stocks. For reference, Apple (AAPL +1.38%) and Amazon (AMZN 0.70%) trade for 36 and 32 times earnings, respectively. So Alphabet may not be expensive, but it certainly isn't cheap. Expand NASDAQ : GOOGL Alphabet Today's Change ( -1.19 %) $ -4.61 Current Price $ 383.05 Key Data Points Market Cap $4.6T Day's Range $ 381.78 - $ 388.75 52wk Range $ 162.00 - $ 408.61 Volume 749.2K Avg Vol 28.6M Gross Margin 60.43 % Dividend Yield 0.22 % However, earnings can be affected by many things, including investment gains, one-time tax effects, and depreciation after a major capital expenditure. All three of those apply to Alphabet, and it may be helpful to look at the ...
Key Points The latest 2027 Social Security COLA projection is 3.9%, though that could change. The COLA will increase your checks, which could put you at risk of owing more Social Security benefit taxes. If you expect to owe Social Security benefit taxes, prepare for them in advance. The $23,760 Social Security bonus most retirees completely overlook › We won't know the official 2027 Social Securit...
Key Points The latest 2027 Social Security COLA projection is 3.9%, though that could change. The COLA will increase your checks, which could put you at risk of owing more Social Security benefit taxes. If you expect to owe Social Security benefit taxes, prepare for them in advance. The $23,760 Social Security bonus most retirees completely overlook › We won't know the official 2027 Social Security cost-of-living adjustment (COLA) until October, but right now, all signs point to an above-average increase. While many seniors see this as good news, the reality is a bit more complicated. Larger COLAs tend to accompany high inflation, so extra money usually goes toward rising living costs. It could also have unexpected tax consequences. 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 » How your Social Security COLA can affect your taxes Your Social Security COLA increases your monthly benefits by a specific percentage. The latest 2027 COLA projection from The Senior Citizens League (TSCL) estimates that next year's COLA will come in at around 3.9%. This would add about $81 to the average $2,081 Social Security benefit as of April 2026. Those extra benefits will raise your provisional income. This is a combination of your adjusted gross income (AGI), plus any nontaxable interest you have from municipal bonds, and half your annual Social Security benefits. The government uses this metric, along with your marital status, to decide how much of your benefits you'll owe federal income taxes on. The following table breaks down what percentage of your benefits could be taxable: Marital Status 0% of Benefits Taxable If Provisional Income Is Below: Up to 50% of Benefits Taxable If Provisional Income Is Between: Up to 85% of Benefits Taxable If Provisional Income Exceeds: Single $25,000 $25,000 and $34,000 $34,000...
If Tribe does realise his ambition and become the first Glamorgan player since Simon Jones in 2005 to play for England, it will have come off the back of a willingness to pack his bags and head for wherever there were opportunities to play and improve. He had never played a game outside of Jersey until he left the island to study in Cardiff when he was 18, but joined Glamorgan on a rookie contract...
If Tribe does realise his ambition and become the first Glamorgan player since Simon Jones in 2005 to play for England, it will have come off the back of a willingness to pack his bags and head for wherever there were opportunities to play and improve. He had never played a game outside of Jersey until he left the island to study in Cardiff when he was 18, but joined Glamorgan on a rookie contract in 2023 before signing an improved deal last year. Since then, his travels have taken Tribe to the National Cricket League in Texas, a stint in Adelaide playing Grade cricket, then onto a Nepalese T20 competition, before he was picked up by Paarl Royals to play in the South African T20 tournament last winter - as well as getting a deal to play grade cricket in Australia. His stint with Paarl Royals in particular is bearing fruit, with Tribe having been able to tweak his technique ahead of this mini-series against South Africa. "I have made a couple of technical changes and they have served me well here," he said. "I am now more side on and added a little trigger in there and made sure I have added a few other shots. "So if the lads are missing slightly short on the off-side I can still punch that, and I'm trying to narrow the margin for error on the bowler's side. "My movement is a bit more precise and accurate as well. "It has given me the ability to know what their bowlers do with the ball. "It has definitely helped me against their skilful bowlers and has given me a clue on what they do. "The reason we have this type of cricket where we play against the second team of other countries is that it is going to be a better standard that what we potentially face in the County Championship. "In the Championship you talk about slightly slower bowling whereas on this wicket it has had more pace and bounce. It is different challenges. "I like the idea we get the opportunity to play in these because if you are then exposed to Test cricket then it will be faster." Whether Tribe is ...
On the final episode of Football Focus, the hosts and pundits reminisce on their fondest memories from their time on the show. Watch the final Football Focus - live Available to UK users only.
On the final episode of Football Focus, the hosts and pundits reminisce on their fondest memories from their time on the show. Watch the final Football Focus - live Available to UK users only.
Source: Yahoo Finance 1D 5D 1M 3M 6M YTD 1Y 5Y Custom 1D Time Range Selector Custom Line Candle Analyst Views on MU Wall Street analysts forecast MU stock price to fall 26 Analyst Rating Wall Street analysts forecast MU stock price to fall 24 Buy 2 Hold 0 Sell Strong Buy Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Mizuho Outperf...
Source: Yahoo Finance 1D 5D 1M 3M 6M YTD 1Y 5Y Custom 1D Time Range Selector Custom Line Candle Analyst Views on MU Wall Street analysts forecast MU stock price to fall 26 Analyst Rating Wall Street analysts forecast MU stock price to fall 24 Buy 2 Hold 0 Sell Strong Buy Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Mizuho Outperform maintain $740 -> $800 2026-05-19 New Reason Mizuho Price Target $740 -> $800 AI Analysis 2026-05-19 New maintain Outperform Reason Mizuho raised the firm's price target on Micron to $800 from $740 and keeps an Outperform rating on the shares. The firm upped price targets in the semiconductor space after analyzing the impact of AI data centers on the analog and memory markets. Channel checks show analog continues to see tailwinds from AI server ramps while memory continues to see tailwinds across NAND and DRAM from AI server demand, the analyst tells investors in a research note. Mizuho expects supply to remain tight into the first half of 2027 and highlights that a potential Samsung strike is looming. Melius Research Buy maintain $700 2026-05-18 Reason Melius Research Price Target $700 2026-05-18 maintain Buy Reason Melius Research raised the firm's price target on Micron (MU) to $1,100 from $700 and keeps a Buy rating on the shares. While stating that "nothing really emerged as incrementally good from Trump going to China," the analyst feels "incrementally good" about memory and AI semiconductor makers, raising long-term estimates and targets for all of the firm's Buy-rated "bottleneck stocks, including Micron, Sandisk (SNDK), AMD (AMD), Intel (INTC), and Marvell (MRVL), as well as Hold-rated Qualcomm (QCOM). The firm continues to believe that semis take market cap, or at least upside, from traditional software companies and non-semis in the Mag 7 long-term, the analyst added. Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for MU Unlock Now See...
Source: NASDAQ.COM 1D 5D 1M 3M 6M YTD 1Y 5Y Custom 1D Time Range Selector Custom Line Candle Analyst Views on MU Wall Street analysts forecast MU stock price to fall 26 Analyst Rating Wall Street analysts forecast MU stock price to fall 24 Buy 2 Hold 0 Sell Strong Buy Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Mizuho Outperform...
Source: NASDAQ.COM 1D 5D 1M 3M 6M YTD 1Y 5Y Custom 1D Time Range Selector Custom Line Candle Analyst Views on MU Wall Street analysts forecast MU stock price to fall 26 Analyst Rating Wall Street analysts forecast MU stock price to fall 24 Buy 2 Hold 0 Sell Strong Buy Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Current : 762.100 Low 235.00 Averages 336.12 High 500.00 Mizuho Outperform maintain $740 -> $800 2026-05-19 New Reason Mizuho Price Target $740 -> $800 AI Analysis 2026-05-19 New maintain Outperform Reason Mizuho raised the firm's price target on Micron to $800 from $740 and keeps an Outperform rating on the shares. The firm upped price targets in the semiconductor space after analyzing the impact of AI data centers on the analog and memory markets. Channel checks show analog continues to see tailwinds from AI server ramps while memory continues to see tailwinds across NAND and DRAM from AI server demand, the analyst tells investors in a research note. Mizuho expects supply to remain tight into the first half of 2027 and highlights that a potential Samsung strike is looming. Melius Research Buy maintain $700 2026-05-18 Reason Melius Research Price Target $700 2026-05-18 maintain Buy Reason Melius Research raised the firm's price target on Micron (MU) to $1,100 from $700 and keeps a Buy rating on the shares. While stating that "nothing really emerged as incrementally good from Trump going to China," the analyst feels "incrementally good" about memory and AI semiconductor makers, raising long-term estimates and targets for all of the firm's Buy-rated "bottleneck stocks, including Micron, Sandisk (SNDK), AMD (AMD), Intel (INTC), and Marvell (MRVL), as well as Hold-rated Qualcomm (QCOM). The firm continues to believe that semis take market cap, or at least upside, from traditional software companies and non-semis in the Mag 7 long-term, the analyst added. Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for MU Unlock Now See Al...