Turkish police killed two gunmen and wounded another in a shootout outside the Israeli consulate in Istanbul’s financial district on Tuesday, according to local media outlet NTV. At least two police officers were wounded in the clash, which lasted several minutes, NTV said. It was unclear whether the assailants, brandishing automatic assault rifles, were targeting the consulate, NTV said. Three gu...
Turkish police killed two gunmen and wounded another in a shootout outside the Israeli consulate in Istanbul’s financial district on Tuesday, according to local media outlet NTV. At least two police officers were wounded in the clash, which lasted several minutes, NTV said. It was unclear whether the assailants, brandishing automatic assault rifles, were targeting the consulate, NTV said. Three gunmen, wearing black T-shirts and camouflage pants, were seen laying on the ground after the incident, NTV said. The clash occurred amid attacks by Israel and the US against Iran. Turkey has launched an investigation into the incident, Justice Minister Akin Gurlek said in a statement on X. There was no immediate claim of responsibility for the attack or an announcement from the Turkish authorities. Israel evacuated its diplomatic missions in Turkey more than a year ago.
Luis Alvarez/DigitalVision via Getty Images In recent months, much ado has been made about the SaaSpocalypse —the structural correction that we've seen among many high-growth software companies. As AI tools have improved, the marginal cost of producing software has gone to nearly zero, and in a world where producing software has become easier and cheaper than ever before, software companies will n...
Luis Alvarez/DigitalVision via Getty Images In recent months, much ado has been made about the SaaSpocalypse —the structural correction that we've seen among many high-growth software companies. As AI tools have improved, the marginal cost of producing software has gone to nearly zero, and in a world where producing software has become easier and cheaper than ever before, software companies will need significant competitive moats in order to survive long-term. If a Fortune 500 company's IT department can build your product with relatively little time, money, and effort, it's unlikely that your annual recurring revenue will remain recurring. Many software companies have seen their stocks plunge as a result - some fairly and some (in my view) unfairly. I'd put ServiceNow ( NOW ) squarely in the latter camp. As a digital workflow automation platform, ServiceNow touches many aspects of modern businesses, acting as connective tissue between different key departments. With a huge data and workflow moat, I expect ServiceNow and its 'system of record' position will act as a platform for AI agents to work on top of , not instead of . As a result, shares at the current price look like a generational buying opportunity. I've covered the stock in the past - in October 2023 and more recently over the last six months. Shares are roughly flat since my first coverage and are down roughly 50% since my more recent coverage. I understand why the market has been selling these names, but I view NOW as a baby that has been completely thrown out with the bathwater. Today, I'll cover recent updates with the stock, highlight why ServiceNow's moat may be stronger than ever, and make the case that buying shares at the current price represents an unbelievable entry point. Sound good? Let's dive in. Financials It's important to clearly understand what ServiceNow does before we have any discussion of the numbers. As I mentioned, software names have recently sold off on the idea that the core val...
bombermoon/iStock via Getty Images Ubiquiti Inc. ( UI ) has continued to report fantastic earnings growth, enabled by successful product launches. The networking equipment company could face some short-term pressure from the FCC’s recent foreign Wi-Fi router ban, but ultimately, the growth story still stands strong. A high valuation continues to cause concern about Ubiquiti as an investment case, ...
bombermoon/iStock via Getty Images Ubiquiti Inc. ( UI ) has continued to report fantastic earnings growth, enabled by successful product launches. The networking equipment company could face some short-term pressure from the FCC’s recent foreign Wi-Fi router ban, but ultimately, the growth story still stands strong. A high valuation continues to cause concern about Ubiquiti as an investment case, though, as fantastic market share gains are already priced in. I upgraded my rating to Hold in my previous August 2025 article on the stock, titled “ Ubiquiti: Weighing Growth, Tariffs, And Valuation After Blowout Q4.” The stock has since returned 66%, while the S&P 500 has returned just 2%. My Rating History on UI (Seeking Alpha) The FCC’s Foreign Router Ban May Impact Ubiquiti The FCC recently banned new foreign-made consumer-grade routers in the U.S. market, labeling them as a national security risk. The ruling could have significant implications for Ubiquiti as well; Ubiquiti may need to shift to U.S. manufacturing to produce a number of routers for the domestic market. The company has so far leveraged outsourced contract manufacturers primarily in Vietnam and China in the company’s supply chain. Changing to domestic contract manufacturers may take time, potentially causing hiccups in manufacturing. Domestic manufacturing will also likely come with higher costs than the typically very cheap manufacturing in the Asia Pacific region, pressuring margins. It remains to be seen how significantly Ubiquiti is impacted, though. Only consumer-grade routers primarily intended for residential use are affected by the ban, and while Ubiquiti clearly also sells routers to the consumer market, the company has a focus on small-to-medium businesses. The enterprise side of the business may not be impacted; the scope of the impact is uncertain for now. Companies can also apply for conditional approval for an exemption from the ban. Ultimately, I don’t believe the FCC’s ban will have a dra...
tifonimages/iStock via Getty Images Originally Published on April 2, 2026 Copper sits at the heart of grid expansion, EV adoption, and AI infrastructure, making it a key investment theme as global electrification accelerates. Copper Is Emerging as a Strategic Bottleneck in Electrification Copper is widely viewed as a critical material for global electrification. Demand is being supported by grid m...
tifonimages/iStock via Getty Images Originally Published on April 2, 2026 Copper sits at the heart of grid expansion, EV adoption, and AI infrastructure, making it a key investment theme as global electrification accelerates. Copper Is Emerging as a Strategic Bottleneck in Electrification Copper is widely viewed as a critical material for global electrification. Demand is being supported by grid modernization, electric vehicle (EV) adoption, and the expansion of AI-powered data centers. Each of these trends requires significant electricity infrastructure, which in turn relies on copper. Electrification is often described as a materials-driven shift, and copper sits at the center of that transition. It is used across power systems, transportation, and digital infrastructure. As investment in electricity networks increases, copper demand is becoming more closely linked to long-term infrastructure buildout rather than only short-term industrial cycles. This evolving role contributes to a more complex investment case. Copper may offer exposure to structural growth trends, but it remains influenced by cyclical conditions and company-specific execution factors. Why Copper Matters for Grid Expansion, EVs, and AI Infrastructure Copper is essential to electrification because of its conductivity, durability, and broad applicability. It is used throughout the power ecosystem, including generation, transmission, distribution, EV systems, charging infrastructure, and data centers. Electrification tends to increase copper intensity. Expanding and modernizing grids requires upgrades to transmission lines, substations, and distribution networks. EVs generally require more copper than internal combustion vehicles. Data centers, particularly those supporting AI workloads, depend on both direct copper inputs and significant supporting power infrastructure. Global grid investment has been increasing as countries upgrade aging systems, expand capacity, and integrate renewable energy. At...
I’ve nothing against astronauts or scientific innovation. But what’s the point of Artemis II? It is absolutely self-evident to me that space exploration is pointless, and the more urgent the crises besetting this planet we live on, the more pointless it becomes. I can see why people got excited about it in the 1960s, back when the world was young and we still thought there might be little green pe...
I’ve nothing against astronauts or scientific innovation. But what’s the point of Artemis II? It is absolutely self-evident to me that space exploration is pointless, and the more urgent the crises besetting this planet we live on, the more pointless it becomes. I can see why people got excited about it in the 1960s, back when the world was young and we still thought there might be little green people out there – who wouldn’t want to meet them? Most serious opinion, however, has now settled on the “Where is everybody?” paradox first framed by the physicist Enrico Fermi in 1950. If there is intelligent life anywhere, why has it not sought to make contact? It’s because there isn’t. There’s nothing out there except planets infinitely less beautiful than this one we live on. All that seems pretty uncontroversial, and I almost never mention it, except for when astronauts yet again pointlessly go into space, as with the latest moon mission. Here’s what I’ve noticed: people get really annoyed. I have loads of opinions way more vexatious than that one, yet none of them attract the same ire. Everyone’s annoyed for a different reason – some of them think I’m deliberately setting out to ruin a festivity; others act as though I’m opposing innovation and modernity, which I absolutely am not. They point to all the discoveries that wouldn’t have been made without the space-based wanderlust, most of which seem to involve finding better ways to kill each other, and then they mourn the kind of world I want to live in, where nobody can see beyond their own horizon. Continue reading...
Marcos Orellana, a special rapporteur, found lax environmental standards and lack of oversight allowed pollution to accumulate Mexico is facing a “toxic crisis” and has become a “garbage sink” for the US, exposing Mexican communities to dangerous pollution, a UN expert has warned. In an interview with the Guardian and Quinto Elemento Lab, an investigative outlet, Marcos Orellana, an environmental ...
Marcos Orellana, a special rapporteur, found lax environmental standards and lack of oversight allowed pollution to accumulate Mexico is facing a “toxic crisis” and has become a “garbage sink” for the US, exposing Mexican communities to dangerous pollution, a UN expert has warned. In an interview with the Guardian and Quinto Elemento Lab, an investigative outlet, Marcos Orellana, an environmental specialist, said pollutants ranging from imported waste to dangerous pesticides are affecting people’s right to live healthy lives. Continue reading...
Eighty-five countries have sought a roadmap to phasing out fossil fuels. A conference this month offers hope they could unite This article is published as part of the global journalism collaboration Covering Climate Now The Iran war is also a climate war . Beyond its terrible human costs, the war’s disruptions of oil, gas, fertilizer and other shipments is another reminder of the risks inherent in...
Eighty-five countries have sought a roadmap to phasing out fossil fuels. A conference this month offers hope they could unite This article is published as part of the global journalism collaboration Covering Climate Now The Iran war is also a climate war . Beyond its terrible human costs, the war’s disruptions of oil, gas, fertilizer and other shipments is another reminder of the risks inherent in basing the world economy on fossil fuels. The war’s jets, missiles and aircraft carriers, and the tankers, refineries and buildings they blow up, represent millions of tons of greenhouse gas emissions that further imperil a climate system that is already “very close” to a point of no return, scientists say , after which runaway global warming could not be stopped. Nevertheless, petrostate leaders around the world continue doing their utmost to stave off a desperately needed course correction. Now, a little noticed ray of hope may be peeking over the horizon. Mark Hertsgaard and Kyle Pope are co-founders of the global journalism collaboration Covering Climate Now Continue reading...
World champions have a large try-scoring hole to fill and a rejigged side searching for eighth title win in a row How do you solve a problem like replacing Abby Dow? Yes, it is a different take on the Sound of Music song but it is a fiendish question to answer. The Red Roses winger retired after the Rugby World Cup, leaving a try-scoring hole in the world champions’ squad, whose next task is to tr...
World champions have a large try-scoring hole to fill and a rejigged side searching for eighth title win in a row How do you solve a problem like replacing Abby Dow? Yes, it is a different take on the Sound of Music song but it is a fiendish question to answer. The Red Roses winger retired after the Rugby World Cup, leaving a try-scoring hole in the world champions’ squad, whose next task is to try to win their eighth straight Women’s Six Nations title. And so while Julie Andrews’ character realised she was not a problem after all, the England head coach, John Mitchell, is left with a selection headache before his team start their campaign against Ireland on Saturday. Dow scored 50 tries in 59 caps, with her lightning pace a key characteristic to her game. She retired to pursue a career in engineering and her boots are large ones to fill. The issue, though, is not that there are no contenders to take on the jersey, it is more of who the Red Roses will select. Continue reading...