JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Intel jumps after Google and Nvidia evaluate AI chip production . (0:15) Paramount Skydance weighs asset divestitures for EU deal approval . (1:04) Spanish soccer club reportedly hedged relegation risk through Kalshi . (1:49) This is an abridged transcript of the podcast: Our top story so far, Intel...
JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Intel jumps after Google and Nvidia evaluate AI chip production . (0:15) Paramount Skydance weighs asset divestitures for EU deal approval . (1:04) Spanish soccer club reportedly hedged relegation risk through Kalshi . (1:49) This is an abridged transcript of the podcast: Our top story so far, Intel ( INTC ) is leading chip and AI-related stocks higher following a report that Google ( GOOG ) ( GOOGL ) and Nvidia ( NVDA ) are evaluating the company as a backup manufacturer for advanced AI chips. The Information reported that Google has ordered more than 3M Tensor Processing Units from Intel for production in 2028. The report also said Nvidia is testing whether Intel's technology can be used to manufacture a future processor that combines four graphics chips into a single unit. Separately, GF Securities said Intel has become much more aggressive in expanding foundry capacity than previously expected. The report helped lift semiconductor stocks and pushed the Nasdaq 100 ( QQQ ) more than 2% higher following Friday's nearly 5% decline. Tech got a boost after Nvidia CEO Jensen Huang — who is getting the Warren Buffett treatment from traders and algos — said Friday's selloff could be a buying opportunity. Among other active stocks, Paramount Skydance ( PSKY ) is among the biggest S&P decliners after a report that it is prepared to divest children's TV assets if required to secure European approval for its planned acquisition of Warner Bros. Discovery ( WBD ). A deal would combine Paramount's Nickelodeon and Warner's Cartoon Network, two of Europe's best-known children's brands. Corning ( GLW ) is rallying after reaching a multiyear agreement with Amazon ( AMZN ) to expand U.S. fiber-optic manufacturing. The companies said the partnership will support datacenter construction and strengthen the domestic supply chain. And Campbell's ( CPB ) is under pressure despite posting a ...
The SP Funds S&P Global Technology ETF is seeing unusually high volume in afternoon trading Monday, with over 247,000 shares traded versus three month average volume of about 45,000. Shares of SPTE were up about 2.9% on the day. Components of that ETF with the highest volu
The SP Funds S&P Global Technology ETF is seeing unusually high volume in afternoon trading Monday, with over 247,000 shares traded versus three month average volume of about 45,000. Shares of SPTE were up about 2.9% on the day. Components of that ETF with the highest volu
Apple has taken the wraps off of its next-generation operating system updates at its Worldwide Developers Conference today, including iOS 27, iPadOS 27, and macOS 27 Golden Gate. And while the long-awaited Siri AI update is the headliner, Apple also emphasized its efforts to optimize its software, improving its performance and reliability. For starters, the company is continuing to refine the Liqu...
Apple has taken the wraps off of its next-generation operating system updates at its Worldwide Developers Conference today, including iOS 27, iPadOS 27, and macOS 27 Golden Gate. And while the long-awaited Siri AI update is the headliner, Apple also emphasized its efforts to optimize its software, improving its performance and reliability. For starters, the company is continuing to refine the Liquid Glass design language that it introduced last year. A slider in the Settings will allow users fine-grained control over the translucency of the Liquid Glass effect, ranging from maximally transparent and glassy to fully tinted. Last year's redesigned icons are also being re-redesigned with more glass layers, which Apple says will make them sharper and more distinctive. On macOS, Apple has also changed the way app toolbars and sidebars work, making toolbars more distinct, making the contents of sidebars extend all the way to the edge of the window, and reintroducing color to sidebar icons. Mac windows are also getting a "tighter corner radius," to address complaints about the way window resizing works in macOS 26 Tahoe. Read full article Comments
The U.S. Department of Defense has officially designated major Chinese conglomerates, including Alibaba, Baidu and BYD, as entities aiding the Chinese military, a move that restricts them from receiving Pentagon contracts.
The U.S. Department of Defense has officially designated major Chinese conglomerates, including Alibaba, Baidu and BYD, as entities aiding the Chinese military, a move that restricts them from receiving Pentagon contracts.
In trading on Monday, the iShares Semiconductor ETF is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 13.6% and shares of Intel, up about 12.4% on the day. And underperformin
In trading on Monday, the iShares Semiconductor ETF is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 13.6% and shares of Intel, up about 12.4% on the day. And underperformin
July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...
July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Most investors who pile into the S&P 500 in 2026 think they own the entire stock market. What they actually own is nothing more than a heavy bet on Big Tech — and right now, that bet has run its course.
Most investors who pile into the S&P 500 in 2026 think they own the entire stock market. What they actually own is nothing more than a heavy bet on Big Tech — and right now, that bet has run its course.
Key PointsWith a strong market position in all parts of the AI value chain, this tech enterprise might be the best way to invest behind this secular theme.
Key PointsWith a strong market position in all parts of the AI value chain, this tech enterprise might be the best way to invest behind this secular theme.
HUNG CHIN LIU/iStock via Getty Images Tesla: Latest Vehicle Sales Data My last analysis on Tesla, Inc. ( TSLA ) stock was published on April 27 under the title “ Tesla Q1 Earnings: Catalysts Galore. ” As stated in the title, the article provided a review for its Q1 earnings report (ER) and rated the stock as a strong buy. Since then, a few new material developments have motivated this revisit. The...
HUNG CHIN LIU/iStock via Getty Images Tesla: Latest Vehicle Sales Data My last analysis on Tesla, Inc. ( TSLA ) stock was published on April 27 under the title “ Tesla Q1 Earnings: Catalysts Galore. ” As stated in the title, the article provided a review for its Q1 earnings report (ER) and rated the stock as a strong buy. Since then, a few new material developments have motivated this revisit. The top ones on my list are the P/E changes, the latest EV (electric vehicle) delivery data, and also the implications of SpaceX’s ( SPCX ) incoming IPO. These developments have prompted me to reexamine the implications of its current valuation, which now hovers around a seemingly absurd FWD P/E of 190x. In the end, my takeaways are largely twofold. First, the current triple-digit P/E ratios likely overstated the valuation risks as the company’s accounting EPS underestimates its true economic earnings. Second, the valuation multiples can also shrink rapidly given the current growth catalysts, resulting in a large potential health return in the next few years. With this overview, let me start with the latest EV (electric vehicle) delivery data. Since my last writing, new data for TSLA EV sales have become available in key markets, including China and also the EU (European Union). In China, Tesla’s May performance was quite encouraging (see the chart and news release below for more specifics) and ended its retail slump in this crucial market. CNEV POST News: Tesla's retail sales in China reached 47,281 units in May, a 22.53% increase year-on-year. Exports from the Shanghai factory surged 67.73% year-on-year in May, continuing to play a key role in meeting global market demand according to data released Monday by the China Passenger Car Association (CPCA). As a broader context, the latest data also show a broader expansion trend in China's new energy vehicle (NEV) market. In the month of May 2026, China's NEV sales reached 950k units in May, translating into an 18.6% YOY growth. ...
The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund has declared a monthly distribution of $0.0283 per share payable on June 30, 2026, to shareholders of record on June 15, 2026. Zedge, a company that builds and operates creator c
The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund has declared a monthly distribution of $0.0283 per share payable on June 30, 2026, to shareholders of record on June 15, 2026. Zedge, a company that builds and operates creator c
Paul Hudson is a software developer and the creator of Hacking with Swift, a platform that trains people to develop on the Apple ecosystem. He joins Ed Ludlow on "Bloomberg Tech" from in Cupertino to discuss why he is hoping for some "great APIs" from Apple. (Source: Bloomberg)
Paul Hudson is a software developer and the creator of Hacking with Swift, a platform that trains people to develop on the Apple ecosystem. He joins Ed Ludlow on "Bloomberg Tech" from in Cupertino to discuss why he is hoping for some "great APIs" from Apple. (Source: Bloomberg)
Hundreds of tickets are still available for the U.S. and Canada opening matches for the World Cup on Friday. Even more are available in resale platforms — many at below face value. (Image credit: Patrick T. Fallon)
Hundreds of tickets are still available for the U.S. and Canada opening matches for the World Cup on Friday. Even more are available in resale platforms — many at below face value. (Image credit: Patrick T. Fallon)
Estonian vehicle sharing platform Bolt will launch its first autonomous mobility test program in Luxembourg in collaboration with carmaker Stellantis and Chinese robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 European Union member states on large-scale cross-border tests for autonomous vehicles under the European ...
Estonian vehicle sharing platform Bolt will launch its first autonomous mobility test program in Luxembourg in collaboration with carmaker Stellantis and Chinese robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 European Union member states on large-scale cross-border tests for autonomous vehicles under the European Automotive Action Plan. Their pilot program will focus on validating the safety, performance and regulatory readiness of Pony.ai's autonomous vehicles in Luxembourg's traffic environment, the companies said.
Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled on a first attempt.In the first quarter of this year, Apple iPhone sales grew by double digits in just about every country where it does business. arp/bgs
Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled on a first attempt.In the first quarter of this year, Apple iPhone sales grew by double digits in just about every country where it does business. arp/bgs