CleoFilter/iStock via Getty Images 3Knights Dynamics’ IPO Appears Too Expensive 3Knights Dynamics Group Limited ( TKDG ) has filed to raise $22.5 million in gross proceeds from the sale of its Class A ordinary shares in a U.S. IPO, per an F-1 registration statement . The firm is a technology and consulting services firm based in Kuala Lumpur, Malaysia. TKDG is growing from a small base, but it has...
CleoFilter/iStock via Getty Images 3Knights Dynamics’ IPO Appears Too Expensive 3Knights Dynamics Group Limited ( TKDG ) has filed to raise $22.5 million in gross proceeds from the sale of its Class A ordinary shares in a U.S. IPO, per an F-1 registration statement . The firm is a technology and consulting services firm based in Kuala Lumpur, Malaysia. TKDG is growing from a small base, but it has thin capitalization, numerous operating risks, and the IPO appears priced far in excess of a reasonable multiple. My outlook is to Sell (avoid) the TKDG IPO. What Does 3Knights Do? 3Knights provides a range of technology consulting-related services to companies located primarily in Malaysia. The company's service offerings include: Digital transformation strategy. Data analytics. Marketing strategy alignment services. TKDG was founded in 2021, so it has a limited operating history. The firm is led by Chief Executive Officer Mr. Chu Hoon Weng, who has been with the firm since April 2024 and has more than 17 years of experience in business operations and project management. 3Knights has recognized $106,369 in total investment from investors such as WLG Holdings, Mivescient, and Maxvard Dynamic. What is 3Knights’ Market? The company operates in the technology consulting services market in Malaysia. The larger IT services market in Malaysia was an estimated $12.3 billion in 2025 and is projected to exceed $39 billion by 2030, according to a 2026 market research report by Mordor Intelligence. If accomplished, this would represent a CAGR of 26.2% from 2026 to 2030, a strong estimated growth rate. Factors that will contribute to this potential growth path include the Malaysian government’s IT industry initiatives, expanding tax incentives, data-center investment, and digital bank launches. By type of service, the IT outsourcing segment led in 2024 market share, with 38.2%. The company competes with a wide variety of firms, some of which include: ADA. NCS. FPT Software. Global con...
Senior administration officials jump on death of Henry Nowak – and statements echo language of the far right Over a breathtaking few days that spanned Saturday’s 82nd anniversary of D-day, senior Trump administration officials have trampled over diplomatic protocol to tear into Europe’s immigration and anti-racism policies and argue that such actions could end western civilization. From the United...
Senior administration officials jump on death of Henry Nowak – and statements echo language of the far right Over a breathtaking few days that spanned Saturday’s 82nd anniversary of D-day, senior Trump administration officials have trampled over diplomatic protocol to tear into Europe’s immigration and anti-racism policies and argue that such actions could end western civilization. From the United States, Vice-President JD Vance and other administration officials jumped on a controversial murder case in Britain to accuse Keir Starmer’s government of lacking the Trump administration’s “political will and leadership” to stop mass migration and defend national sovereignty. Continue reading...
As Apple announced last year , this year's macOS release will end support for Intel Macs. The macOS 27 Golden Gate release will require a Mac with an Apple Silicon chip inside, including the original M1 that launched in the MacBook Air, MacBook Pro, and Mac mini back in late 2020. Intel Macs running macOS 26 Tahoe can expect security and Safari patches for about two more years after the release of...
As Apple announced last year , this year's macOS release will end support for Intel Macs. The macOS 27 Golden Gate release will require a Mac with an Apple Silicon chip inside, including the original M1 that launched in the MacBook Air, MacBook Pro, and Mac mini back in late 2020. Intel Macs running macOS 26 Tahoe can expect security and Safari patches for about two more years after the release of macOS 27 Golden Gate. Macs running macOS 15 Sequoia will receive one more year of updates. Apple Silicon Macs will still be able to run Intel Mac apps via the Rosetta 2 compatibility layer in macOS 27, but future releases will begin to limit the technology (Apple has said it will mainly be used to support older games that still use Intel code). This change has been a long time coming, and every new macOS release has left a longer and longer list of Intel Macs behind. But many Mac owners who purchased late-model Intel machines in 2019 and 2020 could still run the latest version of the operating system, and third-party utilities like the OpenCore Legacy Patcher helped more adventurous Mac owners use their unsupported hardware a bit longer. Read full article Comments
Shares of Apple fell close to 2% Monday, sliding while broader markets rose, after the iPhone maker at its annual Worldwide Developers Conference revealed its highly awaited Siri AI along with a slew of other features and its latest operating system
Shares of Apple fell close to 2% Monday, sliding while broader markets rose, after the iPhone maker at its annual Worldwide Developers Conference revealed its highly awaited Siri AI along with a slew of other features and its latest operating system
Intel's Stock Soars as the Company's 'Blue-chip Roster' of Customers Looks to Be Growing Moomoo Intel Gains on Report That Google Will Use It to Make Chips Bloomberg.com Intel’s stock soars as the company’s ‘blue-chip roster’ of customers looks to be growing MarketWatch
Intel's Stock Soars as the Company's 'Blue-chip Roster' of Customers Looks to Be Growing Moomoo Intel Gains on Report That Google Will Use It to Make Chips Bloomberg.com Intel’s stock soars as the company’s ‘blue-chip roster’ of customers looks to be growing MarketWatch
In speech on Tuesday, Tory leader will claim obligation to consider equality being used to advance ‘divisive agendas’ Kemi Badenoch will vow to scrap the duty on public bodies to consider how they can promote equality as she seeks to head off the challenge from Reform UK by presenting her party as responsible but also in tune with populist anger. Badenoch, who was Conservative minister for equalit...
In speech on Tuesday, Tory leader will claim obligation to consider equality being used to advance ‘divisive agendas’ Kemi Badenoch will vow to scrap the duty on public bodies to consider how they can promote equality as she seeks to head off the challenge from Reform UK by presenting her party as responsible but also in tune with populist anger. Badenoch, who was Conservative minister for equalities between 2020 and 2022, will commit to scrapping the public sector equality duty (PSED), a legal requirement obliging those bodies to think how they can improve society and promote equality in their day-to-day business. Continue reading...
J Studios/DigitalVision via Getty Images It's not every day that we get a day like Friday, the worst sell-off in the Nasdaq since Liberation Day over a year ago. Chip stocks in particular were hit hard, with the headline losses across popular chip stocks topping $1T . One of my recent (and laden with abundant caution) buy recommendations, the 3x leveraged semiconductor ETF, fell 30% on the day. Th...
J Studios/DigitalVision via Getty Images It's not every day that we get a day like Friday, the worst sell-off in the Nasdaq since Liberation Day over a year ago. Chip stocks in particular were hit hard, with the headline losses across popular chip stocks topping $1T . One of my recent (and laden with abundant caution) buy recommendations, the 3x leveraged semiconductor ETF, fell 30% on the day. The crazy thing about this drop on Friday was that afterward, my SOXL recommendation was still up 66% since I wrote about it a little over a month ago. That drop was big, but not that big by comparison to where we came from. Seeking Alpha For the record, I think that this is an overreaction, and I'm still in the camp of “the move isn't over” for semiconductors. Although I have to be honest, I've been taking profits on particular positions along the way, including SOXL and Micron Technology, Inc. ( MU ), which I've owned for some time and have made considerable gains in. They had to be trimmed back into this kind of strength. On Friday, I wrote about how the market was misreading the implications of the report and how it doesn't point to rate hikes like the bears believe it does. However, I am not the dictator of markets, and they do what they please even if I think they're wrong. So despite my bullishness on semiconductors, they could still suffer greatly—some worse than others. Let's discuss what's going on with semiconductors briefly, then get into the stocks I think are the most vulnerable to a continued sell-off should things get worse. They always can, especially when we don't expect them to. Bull Case: Chips Continue to Chew On Profits Recently, I saw this segment with Adam Kobeissi and thought it relevant to share here; it's important to think about the components as separate but necessary to each other for the creation of the end product (a usable AI). In it, he introduces the various business segments that feed into producing artificial intelligence at scale: materia...
If Scotland hit the mark in their upcoming matches the way John McGinn does in front of the media then this could be a special World Cup for Steve Clarke's side, writes Tom English.
If Scotland hit the mark in their upcoming matches the way John McGinn does in front of the media then this could be a special World Cup for Steve Clarke's side, writes Tom English.
Yes, it’s a documentary on a sobering topic. But when you’ve got an endless stream of blockbuster names spouting irresistible gossip – plus Nigel Farage being a total panto dame – you can’t help but have a ball Let’s get one thing straight immediately: no documentary about Brexit should be this much of a hoot. The dread many felt when the referendum result came in – a fear that reactionary populis...
Yes, it’s a documentary on a sobering topic. But when you’ve got an endless stream of blockbuster names spouting irresistible gossip – plus Nigel Farage being a total panto dame – you can’t help but have a ball Let’s get one thing straight immediately: no documentary about Brexit should be this much of a hoot. The dread many felt when the referendum result came in – a fear that reactionary populism was on the rise and Britain was entering an era of managed decline – has only bloomed like mould in the intervening decade. Brexit was the source of much inadvertent comedy, of course, but to see it treated so irreverently en masse does leave a bit of a bad taste. Laughing at a YouTube compilation of politicians accidentally saying breakfast instead of Brexit? Fine. Chortling along with Nigel Farage as he reminisces about tensions between Dominic Cummings and Arron Banks? Tittering as Boris Johnson blathers about losing a tennis match to David Cameron during which the prime minister tried to secure his support for remain? No thanks. Still, there is something extremely difficult to resist about Brexit: A Very British Civil War, a talking head-heavy chronicle of the period between the 2015 general election and the referendum itself. Rather than get bogged down in po-faced sincerity or hand-wringing about integrity (like the remain campaign!), it deals almost exclusively in attention-grabbing bombast (like the leave campaigns!). From the off we’re blasted with Brexit-flavoured juice. Vote Leave bosses “didn’t really want to win”, says Farage. Johnson’s position had “nothing to do with the EU,” says George Osborne. “It was Game of Thrones.” Johnson denies this, stifling a smile. “Everybody says I did this in order to be PM. I would have become prime minister anyway.” Continue reading...
The former England manager is heartfelt as he spends time with schoolboys in need of a male mentor. But the limitations on what he can change are deeply frustrating Early on in his documentary, Changing the Game for Young Men, in that relaxed introductory section where the famous host is at home, fondling mementoes and chatting about their life, Gareth Southgate reveals he was unsure what to do ne...
The former England manager is heartfelt as he spends time with schoolboys in need of a male mentor. But the limitations on what he can change are deeply frustrating Early on in his documentary, Changing the Game for Young Men, in that relaxed introductory section where the famous host is at home, fondling mementoes and chatting about their life, Gareth Southgate reveals he was unsure what to do next when he stopped being England football manager. Many of his admirers wish he would enter politics: they dream of him being a witty, kind presence in Westminster, a compassionate antidote to liars and clowns. Southgate has so far demurred, and here we glimpse what he may do instead. Changing the Game, an assessment of how Britain is failing a generation of demotivated young males, is politics with a politely lower-case “p”. Every problem it identifies is the result of a big political choice, which Southgate ignores before offering a small-scale solution. It’s certainly well-meant, but its limitations are frustrating. Continue reading...
In 2022, Amazon workers at a fulfillment center in Staten Island made history by voting to form a union. Their leader was fired Amazon worker Chris Smalls, who became something of a celebrity within the labor movement. Smalls left the union amid internal tensions, and has gone on to become a freelance activist since. He speaks with Kai Wright about being arrested while protesting the Jeff Bezos-fu...
In 2022, Amazon workers at a fulfillment center in Staten Island made history by voting to form a union. Their leader was fired Amazon worker Chris Smalls, who became something of a celebrity within the labor movement. Smalls left the union amid internal tensions, and has gone on to become a freelance activist since. He speaks with Kai Wright about being arrested while protesting the Jeff Bezos-funded Met Gala, and why courting attention is an effective form of activism. Smalls’ new book When the Revolution Comes is out now. Continue reading...
SpaceX’s initial public offering is a bet on Elon Musk ’s most audacious vision yet: an industrial empire combining hardware, software and artificial intelligence that brings rocket launches, satellites and computing resources into one sprawling conglomerate. A nearly 18-minute video produced as part of its IPO roadshow touts everything from solar-powered orbital data centers to a thriving lunar e...
SpaceX’s initial public offering is a bet on Elon Musk ’s most audacious vision yet: an industrial empire combining hardware, software and artificial intelligence that brings rocket launches, satellites and computing resources into one sprawling conglomerate. A nearly 18-minute video produced as part of its IPO roadshow touts everything from solar-powered orbital data centers to a thriving lunar economy to asteroid mining. “Elon is the Edison of our time,” gushed Jamie Dimon , the chairman and chief executive officer of JPMorgan Chase & Co. , last week at an investor event at the bank’s New York headquarters. Musk, who founded Space Exploration Technologies Corp. in 2002, beamed in for an interview. After so many years as a private company, Dimon asked, why is Musk taking SpaceX public now? Following a long-winded description of the power output of the sun, Musk finally answered. “The TL;DR is, we’re embarking on a massive new growth phase, and we need capital for that,” he said. The gathered crowd erupted in laughter. If SpaceX hits its targeted valuation of $1.8 trillion, it will immediately become one of the world’s most valuable public companies . Musk, on the cusp of turning 55, will likely be the world’s first trillionaire . And for Tesla Inc. , the electric-car maker and energy company that Musk took public in 2010, the question is increasingly about when — not if — SpaceX will absorb Tesla whole. Join the conversation: Bloomberg journalists will answer your questions about the SpaceX IPO in an interactive Live Q&A on Wednesday, June 10 at 1 p.m. EDT. Stream here and send questions in advance to liveqa@bloomberg.net with the subject line “SpaceX IPO.” Musk’s companies have long cooperated, and reinforced, one another. For years Tesla’s filings hinted at the overlap between the boss’s various enterprises, which include SpaceX, Tesla, the brain-interface company Neuralink Corp. and Boring Co., which digs tunnels and uses Tesla cars to transport passengers throu...
Bank of America Securities sees trouble ahead for the stock market. Investors should exercise caution regarding equities as an increasing number of “bear-market signposts” point to an approaching top, strategists led by Savita Subramanian wrote in a note dated June 5. Some 70% of those signals have recently been triggered, in line with the average observed during prior market peaks, the strategist...
Bank of America Securities sees trouble ahead for the stock market. Investors should exercise caution regarding equities as an increasing number of “bear-market signposts” point to an approaching top, strategists led by Savita Subramanian wrote in a note dated June 5. Some 70% of those signals have recently been triggered, in line with the average observed during prior market peaks, the strategists said. The benchmark S&P 500 Index was “statistically expensive on 17 of 20 metrics, and trades rich versus its tech bubble metrics on eight,” Subramanian said. Their advice to investors? “ Take profits .” What You Need to Know Today A federal judge struck down a $100,000 fee Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers. The US president’s decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated , US District Judge Leo T. Sorokin in Massachusetts said in a Monday ruling. The government is likely to appeal the decision , which is a blow to Trump’s campaign to restrict immigration. Trump Picks Ex-Personal Lawyer to Be Attorney General Todd Blanche has shown a willingness to intensify the Justice Department’s unprecedented effort to prosecute the president’s perceived political enemies. Read more Trump Struggles as Approval Rating Heads Downward Public angst over affordability is about to get worse as data due out Wednesday is expected to show inflation back above 4% for the first time in three years. Read more We Can’t Repeat the Mistakes of Globalization With AI International Monetary Fund Managing Director Kristalina Georgieva said organizations including hers failed to recognize inequalities arising from globalization — and she wants to make sure it won’t happen with AI. Watch the interview The European Union has a Taiwan problem. The bloc is worried about signs that Trump is looking to ingratiate himself with Chinese President Xi Jinp...
CUPERTINO, Calif., June 08, 2026--Apple® today introduced new intelligence capabilities, expanded productivity features in Xcode®, and platform improvements that make apps faster, more adaptive, and easier to build.
CUPERTINO, Calif., June 08, 2026--Apple® today introduced new intelligence capabilities, expanded productivity features in Xcode®, and platform improvements that make apps faster, more adaptive, and easier to build.
US Army Develops 'Breakthrough' Quantum Sensor to Pinpoint Radio Signals on Battlefields Authored by Atharva Gosavi via Interesting Engineering , US Army scientists have demonstrated a new quantum sensor that can measure the full 3D direction of radio-frequency electromagnetic fields, a milestone that could reshape how signals are detected on the battlefield. The rubidium vapor cell. US Army The b...
US Army Develops 'Breakthrough' Quantum Sensor to Pinpoint Radio Signals on Battlefields Authored by Atharva Gosavi via Interesting Engineering , US Army scientists have demonstrated a new quantum sensor that can measure the full 3D direction of radio-frequency electromagnetic fields, a milestone that could reshape how signals are detected on the battlefield. The rubidium vapor cell. US Army The breakthrough was achieved by scientists at the U.S. Army Combat Capabilities Development Command, known as DEVCOM, Army Research Laboratory. According to the researchers, the sensor could improve situational awareness, strengthen secure communications, and help soldiers make faster, better-informed decisions in complex battlefield environments. " Our work in quantum science is about giving our Soldiers new ways to sense and understand the world around them, " said David Meyer, ARL research physicist. "This research opens the door to detecting and pinpointing signals over a broad frequency range in a single sensing package, even in the most challenging environments," Measuring Radio Waves in 3D The new sensor is based on Rydberg atoms, which are atoms placed in a highly excited state that makes them extremely sensitive to electric fields. The researchers described how the device can determine not only electromagnetic field strength but also the 3D polarization orientation and propagation direction, known as the k-vector. According to ARL, this is the first time such a measurement has been achieved using a quantum sensor. Traditional sensors usually measure the strength of an electromagnetic field in only one direction at a time. The ARL-developed quantum sensor, however, can "see" both the direction and motion of the electromagnetic field, providing a complete 3D picture. Despite being only a few centimeters across, the sensor can determine the direction of incoming signals with an accuracy of about two degrees. This could make it a highly flexible platform for detecting and ...
Google signed a landmark deal with startup Voltus to create a virtual power plant -- paying households to curb consumption rather than building new capacity.
Google signed a landmark deal with startup Voltus to create a virtual power plant -- paying households to curb consumption rather than building new capacity.
Netanyahu acknowledges pause in fighting in TV speech but vows forceful response to future attacks Middle East crisis – live updates Fears of a return to a full-scale regional war in the Middle East eased on Monday as Israel and Iran said they had halted attacks on each other after an appeal from Donald Trump to “immediately stop shooting”. Benjamin Netanyahu, Israel’s prime minister, acknowledged...
Netanyahu acknowledges pause in fighting in TV speech but vows forceful response to future attacks Middle East crisis – live updates Fears of a return to a full-scale regional war in the Middle East eased on Monday as Israel and Iran said they had halted attacks on each other after an appeal from Donald Trump to “immediately stop shooting”. Benjamin Netanyahu, Israel’s prime minister, acknowledged the halt in fighting with Iran in a televised speech, but vowed to respond “with force” to future attacks. Continue reading...
Investors seeking exposure to digital transformation can choose between global scale and specialized agility. Deciding whether to buy Accenture (NYSE:ACN) or EPAM Systems (NYSE:EPAM) depends on your preference for stability versus growth. Accenture is a professional services giant with hundreds of thousands of employees serving the world's largest corporations. EPAM Systems operates as a digital e...
Investors seeking exposure to digital transformation can choose between global scale and specialized agility. Deciding whether to buy Accenture (NYSE:ACN) or EPAM Systems (NYSE:EPAM) depends on your preference for stability versus growth. Accenture is a professional services giant with hundreds of thousands of employees serving the world's largest corporations. EPAM Systems operates as a digital engineering specialist, focusing on complex software development and platform builds. Comparing them reveals how different sizes and strategies influence financial performance for long-term investors. Accenture occupies a massive footprint within the broader world of tech stocks , providing services ranging from cloud migration to supply chain overhauls. The company employs approximately 786,000 people and serves more than 9,000 clients, including three-quarters of the Fortune Global 500. Its strategy focuses on helping large enterprises integrate new technologies like generative artificial intelligence into their daily operations. Continue reading
If you're using older iPhone or iPad hardware and you're hoping to keep running Apple's latest operating systems, this year's releases bring mostly good news. The iOS 27 update will run on all iPhones that can run iOS 26, all the way back to the iPhone 11 and second-generation iPhone SE. The iPadOS 27 update is slightly less generous, dropping support for the 3rd-generation iPad Air, 8th-generatio...
If you're using older iPhone or iPad hardware and you're hoping to keep running Apple's latest operating systems, this year's releases bring mostly good news. The iOS 27 update will run on all iPhones that can run iOS 26, all the way back to the iPhone 11 and second-generation iPhone SE. The iPadOS 27 update is slightly less generous, dropping support for the 3rd-generation iPad Air, 8th-generation iPad, and 5th-generation iPad mini (all of these devices used an older A12 Bionic chip; supported devices now use an A13 or better). Apple says owners of older devices should see performance improvements in iOS 27, thanks in part to an updated CPU scheduler. This scheduler was apparently already included with newer iPhones but has been ported back to older devices with this release. Apple's iOS 27 compatibility list. Credit: Apple Apple's iPadOS 27 compatibility list. Credit: Apple But many of the new features Apple mentioned require support for Apple Intelligence, which remains confined to newer devices with at least 8GB of RAM. Apple Intelligence still requires an iPhone 15 Pro or newer, an iPhone 16 or newer, or an iPhone Air. On the iPad, support requires an iPad Air or iPad Pro with an M1 or newer. Read full article Comments
July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher on Monday amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...
July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher on Monday amid a flare-up in hostilities between Iran and Israel that threatens to derail a truce and complicate negotiations to end the...