A Hong Kong court has sentenced a construction worker to 10 months in prison for throwing dozens of sheets of paper bearing seditious messages from his flat in 2024 and last year. Raymond Wong Chan-fai, 55, told Chief Magistrate Victor So Wai-tak in mitigation on Tuesday that he had written offensive messages targeting police, judges and mainland Chinese residents on the papers and thrown them out...
A Hong Kong court has sentenced a construction worker to 10 months in prison for throwing dozens of sheets of paper bearing seditious messages from his flat in 2024 and last year. Raymond Wong Chan-fai, 55, told Chief Magistrate Victor So Wai-tak in mitigation on Tuesday that he had written offensive messages targeting police, judges and mainland Chinese residents on the papers and thrown them out of his window to “let off steam”. Wong earlier pleaded guilty at West Kowloon Court to two counts...
In this article IGV Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 13:20 13:20 Thoma Bravo: SaaSpocalypse is over Squawk Box Europe The "SaaSpocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said. Software-as-a-Service stocks came under pressure in February, when Anthropic trigg...
In this article IGV Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 13:20 13:20 Thoma Bravo: SaaSpocalypse is over Squawk Box Europe The "SaaSpocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said. Software-as-a-Service stocks came under pressure in February, when Anthropic triggered a rapid sell-off by unveiling advanced AI tools for its Claude co-working agent, fueling investor fears of a "SaaSpocalypse " for the sector. But Orlando Bravo, founder and managing partner of Thoma Bravo, told CNBC that saying investors are underestimating software companies' ability to adapt. He said the portfolio companies of his firm, one of the world's largest private equity investors in software and technology-enabled services, which manages almost $200 billion in assets, generate around $35 billion in combined revenue and are, for the most part, "booming" because of AI. Speaking with CNBC's Annette Weisbach at the SuperReturn International private equity and venture capital conference in Berlin, Bravo said: "The SaaSpocalypse is over. It's finished, no more." "People were assuming that software companies just do one thing and they stay still," he said. "But software companies continue to evolve with infrastructure." Bravo added that software companies can move to a "completely new level" by automating certain aspects of human judgment and processes. "Around 50% of our new revenue is AI revenue, agentic revenue," he said, predicting that software companies and AI will "come together" in a "new agentic solution" for corporate customers in the next few years. "AI is an enormous tailwind for software companies," he added. Software staged a post-SaaSpocalypse fightback Since February, software stocks have staged a fightback. The iShares Expanded Tech-Software Sector ETF rallied 21% in May, its strongest monthly performance since October 2001, and has advanced more th...
Keep things simple, outsource and prep ahead where you can, and never forget the golden rule of canapes … My daughter is getting married: what vegetarian and vegan canapes can I make at least a day ahead? Sue, by email “Canapes need to be no more than two mouthfuls,” says Barney Desmazery, author of One Dish Four Ways , “unless you’re going to provide something to eat them from, but in my book the...
Keep things simple, outsource and prep ahead where you can, and never forget the golden rule of canapes … My daughter is getting married: what vegetarian and vegan canapes can I make at least a day ahead? Sue, by email “Canapes need to be no more than two mouthfuls,” says Barney Desmazery, author of One Dish Four Ways , “unless you’re going to provide something to eat them from, but in my book they’re then no longer canapes.” You’ll not want anything too labour-intensive. “Sue is going to be making them tens or hundreds of times over, so outsourcing some work with store-bought ingredients is an easy win,” says Richard Makin, AKA School Night Vegan and author of Stress-Free Dinners . Also remember that, as with most things in life, less is usually more: “Good ingredients always triumph over complicated recipes,” says Desmazery, who recalls a wedding he once attended in Liguria, Italy: “There was a round of aged parmesan with knives for guests to break off shards, and that was great.” Granted, parmesan isn’t one for Sue’s vegetarian/vegan spread, but you get the idea. Got a culinary dilemma? Email feast@theguardian.com Continue reading...
Of all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satellites in the outskirts of Uruguay’s capital city. Shares of Satellogic Inc. , which counts former US Treasury Secretary Steven Mnuchin as its board chairman and a major investor, are up more than 250% this year, even after plunging along with their peers during Friday...
Of all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satellites in the outskirts of Uruguay’s capital city. Shares of Satellogic Inc. , which counts former US Treasury Secretary Steven Mnuchin as its board chairman and a major investor, are up more than 250% this year, even after plunging along with their peers during Friday’s deep market slide. That return makes the shares by far the biggest beneficiary of the hype fueled by the listing of Elon Musk ’s SpaceX, expected later this week. It’s a stock that even bulls acknowledge carries plenty of risk. Satellogic has yet to turn a profit on an annual basis, and the explosion last month of a Blue Origin rocket underscored the perils and challenges inherent in an industry that’s still coming of age. Moreover, the mania around space stocks may mean that much of the shares’ future potential is already baked into the price. \ Jeff Van Rhee , an analyst at Craig-Hallum Capital in Philadelphia who rates Satellogic a buy. \ Emiliano Kargieman , co-founder and chief executive officer of the 16-year-old satellite maker and operator, appreciates all that but, as he sees it, the stock’s momentum goes well beyond the fervor for SpaceX’s market debut. The Argentine points to the fraught global backdrop, a clearer strategy of selling to governments and the improving finances of his firm, which builds its products in Montevideo and launches on SpaceX rockets. “We’re seeing more demand than we can react to,” said Kargieman, 51. “We’re building infrastructure that allows customers to see and monitor everything that’s happening in their areas of interest every single day. That’s a big jump for us, but I think it’s also a big jump for the world.” Interest in Satellogic is growing, Kargieman says, from governments drawn to its ability to provide constant high-resolution imagery more cheaply than rival systems. Its manufacturing cost is around a third of of its rival...
(Bloomberg) -- Lea en españolMost Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalOf all the wild rallies in space ...
(Bloomberg) -- Lea en españolMost Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalOf all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satell
Applied Materials ( AMAT ) declares $0.53/share quarterly dividend , in line with previous. Forward yield 0.43% Payable Sept. 10; for shareholders of record Aug. 20; ex-div Aug. 20. The company has now announced a dividend of $0.53 for two consecutive quarters. See AMAT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Applied Materials Applied Materials, Inc. (AMAT) Presents at Bank of ...
Applied Materials ( AMAT ) declares $0.53/share quarterly dividend , in line with previous. Forward yield 0.43% Payable Sept. 10; for shareholders of record Aug. 20; ex-div Aug. 20. The company has now announced a dividend of $0.53 for two consecutive quarters. See AMAT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Applied Materials Applied Materials, Inc. (AMAT) Presents at Bank of America 2026 Global Technology Conference Transcript Applied Materials And Its Real Value Applied Materials, Inc. (AMAT) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Applied Materials snaps six straight sessions of gains Insider trades: Baidu, Target among notable names
US President Donald Trump’s administration is holding regular high-level discussions with Britain to secure the long-term future of the strategically important Diego Garcia military base in the Indian Ocean, a US official has told the South China Morning Post. The confirmation comes amid reports that the White House is actively considering buying the Chagos Islands – host to a strategically import...
US President Donald Trump’s administration is holding regular high-level discussions with Britain to secure the long-term future of the strategically important Diego Garcia military base in the Indian Ocean, a US official has told the South China Morning Post. The confirmation comes amid reports that the White House is actively considering buying the Chagos Islands – host to a strategically important joint US-British military facility – amid concerns over China’s expanding naval ambitions in the...
Soluna ( SLNH ) reported Q1 2026 revenue growth of 58% YoY, marking its fourth consecutive quarter of revenue growth. The company achieved a record hash rate, managed 147 MW of capacity, and increased Bitcoin hosting revenue by 178% YoY. SLNH shares up 3.7% premarket. More on Soluna Holdings Soluna: The 4.3 GW Pipeline Is The Real Story Soluna expands Blockware partnership with 3.3 MW addition at ...
Soluna ( SLNH ) reported Q1 2026 revenue growth of 58% YoY, marking its fourth consecutive quarter of revenue growth. The company achieved a record hash rate, managed 147 MW of capacity, and increased Bitcoin hosting revenue by 178% YoY. SLNH shares up 3.7% premarket. More on Soluna Holdings Soluna: The 4.3 GW Pipeline Is The Real Story Soluna expands Blockware partnership with 3.3 MW addition at West Texas site, shares jump DeFi Development records highest short interest in March, while Bitgo lags among firms with up to $2B market cap Seeking Alpha’s Quant Rating on Soluna Holdings Historical earnings data for Soluna Holdings
Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as they stand parked at the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) in El Segundo, California, on September 11, 2023. Patrick T. Fallon | Afp | Getty Images RIO DE JANEIRO — Hundreds of airline leaders gathered i...
Ground crews load cargo and supplies onto airplanes from airlines including Lufthansa Group, Emirates, Austrian Airlines, and British Airways, as they stand parked at the Tom Bradley International Terminal (TBIT) at Los Angeles International Airport (LAX) in El Segundo, California, on September 11, 2023. Patrick T. Fallon | Afp | Getty Images RIO DE JANEIRO — Hundreds of airline leaders gathered in Brazil this week at the International Air Transport Association's annual assembly to discuss high fuel costs, sharply lower profits, engine reliability issues and elusive emission reduction goals, among other things. Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April. For airline executives who have faced ongoing turmoil since the first U.S. and Israeli strikes on Iran on Feb. 28, it seemed like just one more blip in the whipsawing chaos of 2026. Those airline leaders' stance so far has been to wait and see. Here are some takeaways from the gathering: Withering profits Fuel costs have more than doubled in some places since the beginning of the Iran war, as the Strait of Hormuz, a key shipping lane, has been effectively closed for much of the time. IATA said airlines globally are absorbing a $100 billion increase in their fuel costs this year, which along with airspace closures due to Middle East attacks curtailing travel, will likely halve airline profits this year. Willie Walsh, the outgoing director general of the organization, said net profits will fall from $45 billion in 2025 to $23 billion in 2026, and that net margins would drop from 4.2% last year to 2% this year. While fares are up, airlines haven't been able to cover the full fuel bill this year, so profits will take a hit. Travel demand is resilient — but winter is coming Airline executives told CNBC that customers continue to book. Etihad Airways, based in Abu Dhabi, in the United Arab Emirates, initial...
Designer Brands (DBI) delivered earnings and revenue surprises of +250.00% and +0.19%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Designer Brands (DBI) delivered earnings and revenue surprises of +250.00% and +0.19%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber joins Yahoo Finance to explain why Apple (AAPL) has the capacity to effectively win the artificial intelligence (AI) race.
Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber joins Yahoo Finance to explain why Apple (AAPL) has the capacity to effectively win the artificial intelligence (AI) race.
SpaceX (SPAX.PVT) is on the launch pad as it prepares to go public and begin trading on the Nasdaq as soon as this Friday, June 12. Has the IPO market recovered from prior years' slump as SpaceX and other mega-IPOs renew investor enthusiasm? ProShares global investment strategist Simeon Hyman weighs in on 2026's IPO activity and shares his outlook on how a post-IPO SpaceX may perform. SpaceX will ...
SpaceX (SPAX.PVT) is on the launch pad as it prepares to go public and begin trading on the Nasdaq as soon as this Friday, June 12. Has the IPO market recovered from prior years' slump as SpaceX and other mega-IPOs renew investor enthusiasm? ProShares global investment strategist Simeon Hyman weighs in on 2026's IPO activity and shares his outlook on how a post-IPO SpaceX may perform. SpaceX will trade under the ticker SPCX while Elon Musk's company eyes an IPO price of $135 per share.
“Every data center will need some part of AI capabilities to run workloads like inference, because it’s just becoming such a fundamental part of all of this cloud technology,” says Alistair Speirs, general manager of Microsoft’s Azure Infrastructure. Speirs joins Bloomberg Intelligence Senior Technology Analyst Anurag Rana on this episode of the Tech Disruptors podcast to discuss how AI infrastruc...
“Every data center will need some part of AI capabilities to run workloads like inference, because it’s just becoming such a fundamental part of all of this cloud technology,” says Alistair Speirs, general manager of Microsoft’s Azure Infrastructure. Speirs joins Bloomberg Intelligence Senior Technology Analyst Anurag Rana on this episode of the Tech Disruptors podcast to discuss how AI infrastructure is reshaping the modern data center, from liquid cooling and dense networking to custom silicon