The largest US grid operator was granted authority to divert power destined for data centers to households, hospitals and other customers to prevent rolling blackouts as an extreme cold snap strains electricity supplies. An order signed by Energy Secretary Chris Wright on Monday authorized PJM Interconnection LLC to direct data centers, factories and other large facilities to switch on back-up gen...
The largest US grid operator was granted authority to divert power destined for data centers to households, hospitals and other customers to prevent rolling blackouts as an extreme cold snap strains electricity supplies. An order signed by Energy Secretary Chris Wright on Monday authorized PJM Interconnection LLC to direct data centers, factories and other large facilities to switch on back-up generators to reduce their burden on the grid and free up more electricity supplies. PJM, which serves more than 67 million people from Chicago to Virginia, sought federal approval to stave off the potential need to impose rolling blackouts. Wright also gave the same authorization to two units of Duke Energy Corp. Freezing weather is forecast to persist across much of the US into next week after a massive winter storm blanketed major cities in snow and ice. PJM previously called on all power generators to be ready to produce at maximum capability. Wholesale electricity prices for Tuesday morning jumped 241% across the PJM grid to more than $2,300 a megawatt-hour due to surging demand for household heating.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is p...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking: Where will all of that energy come from? AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse. Even Sam Altman, the founder of OpenAI, issued a stark warning: “The future of AI depends on an energy breakthrough.” Elon Musk was even more blunt: “AI will run out of electricity by next year.” As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity. And that’s where the real opportunity lies… One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike. As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity. The “Toll Booth” Operator of the AI Energy Boom It owns critical nuclear energy infrastructure assets , positioning it at the heart of America’s next-generation power strategy. , positioning it at the heart of America’s next-generation power strategy. It’s one of the only global companies capable ...
警方大欖涌檢800公斤煙花炮竹 一男被捕、下月提堂 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】警方在大欖涌檢獲800公斤煙花炮竹，市值約100萬港元，拘捕一名男子，落案控以非法藏有煙花炮竹，下月12日在粉嶺裁...
警方大欖涌檢800公斤煙花炮竹 一男被捕、下月提堂 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】警方在大欖涌檢獲800公斤煙花炮竹，市值約100萬港元，拘捕一名男子，落案控以非法藏有煙花炮竹，下月12日在粉嶺裁判法院提堂。 警方星期一下午在大欖涌截查一名37歲男子，並於他租用的貨櫃內搜出58箱龍吐珠、擦炮及炮仗等，相信已成功阻止流入巿面。警方提醒巿民慶祝節日期間切勿購買及燃放煙花炮仗，以免引起火警及發生事故，危及個人及公眾安全。
triocean/iStock via Getty Images Investment Thesis Note: This is an update to my previous article. Over the past year since my last coverage, it has become clear that FitLife ( FTLF ) is a company with limited organic growth in a highly competitive, commoditized sector, where the company relies on acquisitions to avoid stagnation. Therefore, the investment thesis rests almost entirely on the capit...
triocean/iStock via Getty Images Investment Thesis Note: This is an update to my previous article. Over the past year since my last coverage, it has become clear that FitLife ( FTLF ) is a company with limited organic growth in a highly competitive, commoditized sector, where the company relies on acquisitions to avoid stagnation. Therefore, the investment thesis rests almost entirely on the capital allocation of a very competent CEO. For this reason, I have opted for a cautious Hold rating, as there is upside potential if execution is solid, but I consider better risk/reward opportunities may exist in other less demanding industries. Disappointing Organic Growth It's been over a year since my last article on FitLife in December 2024, and at that time my main concern was that organic growth alone wouldn't be enough for the company to grow. I believe this concern became evident during the first half of 2025 . To illustrate my point, sales decreased by 3.7% and 4.7%, respectively, during the first and second quarters of 2025 because the MusclePharm acquisition had already been fully digested. Looking at the growth of each brand this year, we can notice that Legacy FitLife brands showed modest growth in the first half but ultimately turned negative in the third quarter because Mimi's Rock (which has been a disaster this year) is now also counted as part of the legacy brands. Management has commented that Mimi's Rock has faced intense competition in the supplement sector and pressure on margins due to the discounts that must be offered to try to sell. On the other hand, MusclePharm had a huge sales surge , but this was driven by restocking from a wholesale customer (wholesale revenue increasing 112%), and online revenue decreased by 3% in the same period, so it appears to have been a one-off event. Growth by brand Q1 2025 Q2 2025 Q3 2025 Legacy FitLife +5% +5% -5% Mimi's Rock -11% -16% - MusclePharm -6% -4% 55% Click to enlarge This confirms that without M&A activity, t...
US President Donald Trump sent his top border enforcer to Minneapolis on Monday and struck a conciliatory note in a bid to tamp down nationwide outrage over the second killing of a US citizen protesting militarised immigration raids this month. The White House was scrambling as video of the latest shooting went viral, prompting street protests, criticism from former presidents Bill Clinton and Bar...
US President Donald Trump sent his top border enforcer to Minneapolis on Monday and struck a conciliatory note in a bid to tamp down nationwide outrage over the second killing of a US citizen protesting militarised immigration raids this month. The White House was scrambling as video of the latest shooting went viral, prompting street protests, criticism from former presidents Bill Clinton and Barack Obama and, increasingly, from within Trump’s Republican Party. Trump said Tom Homan, his point man for border security, “will report directly to me”. Advertisement Homan’s new role appears to acknowledge the administration has run into political damage, with polls showing a majority of Americans disapprove of the often brutal crackdown by Immigration and Customs Enforcement (ICE) agents. Outcry after ICE killing of another US citizen Outcry after ICE killing of another US citizen In a marked change of tone, Trump said he held a “very good” talk with Minnesota Governor Tim Walz, a Democrat whom he has repeatedly accused of corruption.
新皇崗口岸料年內啟用 民建聯倡善用無感通關科技便利市民 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】新皇崗口岸預計今年內啟用，有政黨建議善用無感通關科技便利市民。 民建聯星期一到過深圳考察新皇崗口岸的重建進度，...
新皇崗口岸料年內啟用 民建聯倡善用無感通關科技便利市民 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】新皇崗口岸預計今年內啟用，有政黨建議善用無感通關科技便利市民。 民建聯星期一到過深圳考察新皇崗口岸的重建進度，指新皇崗口岸大樓主體工程已完成，包括已安裝玻璃幕牆和冷氣，只剩下內部裝修未完成。大樓預計今年內正式啟用，將採用「合作查驗、一次放行」的通關模式，取代現時兩地兩檢。民建聯已向口岸辦建議新口岸可使用無感通關和擴大免下車過關檢查的範圍。
U.S. memory chip maker Micron Technology is set to announce a new manufacturing investment in Singapore as early as Tuesday, expanding its production footprint amid a severe global shortage of memory chips, according to three people briefed on the matter. The move underscores mounting pressure on the semiconductor industry as demand from artificial intelligence infrastructure and consumer electron...
U.S. memory chip maker Micron Technology is set to announce a new manufacturing investment in Singapore as early as Tuesday, expanding its production footprint amid a severe global shortage of memory chips, according to three people briefed on the matter. The move underscores mounting pressure on the semiconductor industry as demand from artificial intelligence infrastructure and consumer electronics continues to outstrip supply. The planned investment is expected to focus on NAND flash memory, one of the people told Reuters. The sources declined to be identified because they were not authorized to speak publicly. Micron did not immediately respond to a request for comment from Reuters. The expansion comes as chipmakers race to add capacity to address shortages affecting nearly all categories of memory, driven largely by the rapid buildout of data centers and AI services that rely heavily on advanced memory components. Industry analysts warn that despite aggressive investment plans, tight supply conditions could persist until at least late 2027. Singapore plays a central role in Micron’s global operations. The company already manufactures about 98% of its flash memory chips in the city-state and is in the process of building a $7 billion advanced packaging facility there to produce high-bandwidth memory used in artificial intelligence chips. That plant is expected to begin production in 2027, further cementing Singapore’s importance in the global semiconductor supply chain. Micron’s rivals are also moving quickly to expand output. South Korea’s Samsung Electronics and SK Hynix have both announced new production lines and accelerated timelines to bring additional capacity online. Earlier this month, SK Hynix told Reuters it plans to speed up the opening of a new factory by three months and begin operating another plant in February, reflecting the urgency felt across the industry. In parallel, Micron is seeking to bolster its DRAM production. Last week, the company sa...
(RTTNews) - Interparfums Inc. (IPAR) announced that it has extended its exclusive worldwide license agreement with Guess?, Inc. for the creation, development, and distribution of GUESS fragrances. The new 15-year extension lengthens the partnership to a total of 23 more years. Under the renewed agreement, Interparfums will continue to hold full global responsibility for GUESS fragrances until Dece...
(RTTNews) - Interparfums Inc. (IPAR) announced that it has extended its exclusive worldwide license agreement with Guess?, Inc. for the creation, development, and distribution of GUESS fragrances. The new 15-year extension lengthens the partnership to a total of 23 more years. Under the renewed agreement, Interparfums will continue to hold full global responsibility for GUESS fragrances until December 31, 2048, reinforcing the long-standing collaboration between the two companies and ensuring the continued growth of the GUESS fragrance portfolio worldwide. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
米蘭冬奧下周揭幕 中國派出谷愛凌等126運動員參賽 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】米蘭冬季奧運下星期就揭幕，中國派出126名運動員參賽，包括名將谷愛凌。 境外參賽項目最多、運動員規模最大的一屆，國...
米蘭冬奧下周揭幕 中國派出谷愛凌等126運動員參賽 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】米蘭冬季奧運下星期就揭幕，中國派出126名運動員參賽，包括名將谷愛凌。 境外參賽項目最多、運動員規模最大的一屆，國家隊286人代表團出戰7個大項、91個小項，126名運動員平均年齡約25歲，包括自由式滑雪的谷愛凌、空中技巧的徐夢桃、滑雪板的蘇翊鳴等。北京冬奧金牌得主在陣，國家隊上屆取得歷來最佳成績9金4銀2銅，排獎牌榜第3。
Getty Images Renewal The Value Fund posted a return of +0.4% for 2025. (1) Our results were significantly dampened by currency headwinds; specifically, the weakening U.S. dollar created a drag of approximately -4.3% on full-year returns. While we maintain a long-term policy of not hedging currency fluctuations to avoid high transaction costs, years like 2025 demonstrate the short-term volatility t...
Getty Images Renewal The Value Fund posted a return of +0.4% for 2025. (1) Our results were significantly dampened by currency headwinds; specifically, the weakening U.S. dollar created a drag of approximately -4.3% on full-year returns. While we maintain a long-term policy of not hedging currency fluctuations to avoid high transaction costs, years like 2025 demonstrate the short-term volatility this can introduce to our results. We remain committed to this “long game” approach, as the cost savings of remaining unhedged historically outweigh these periodic fluctuations. We trailed the broader markets in a year defined by continued upward momentum. The S&P/TSX led the charge with a +31.7% return, driven largely by its materials subsector (gold). In the U.S., the S&P 500 +12.5% and DJIA +9.7% also advanced. (2) For the S&P 500, performance was once again driven by a handful of names rather than broad participation. The “Magnificent Seven” (Alphabet, Amazon ( AMZN ), Apple ( AAPL ), Meta ( META ), Microsoft ( MSFT ), Nvidia ( NVDA ) and Tesla (TSLA)) were responsible for 42% of the S&P 500’s gains. This distortion is evident when viewing the S&P 500 Equal Weight Index, which returned only 6.4%—a significant 6.1% lag behind its market-cap-weighted cousin. (3) The pervasiveness of price-insensitive passive indexing is likely exacerbating these effects. We admire the business models of most of the Magnificent Seven and their dominance in technological innovation, particularly AI. We would happily own most of them at the right price—indeed, Alphabet has been a portfolio holding for years. However, we remain grounded in the simple truth that even a wonderful business is not worth an infinite price. As this bull market matures, we hear increasingly exotic arguments designed to justify extreme valuations and irrational risk-taking. We listen politely to these latest variations of ‘this time is different,’ and simply allocate our capital elsewhere. We were in good company. Oth...
Key Points The Russell 2000 is up 17% over the last six months, outpacing the S&P 500. The Russell 2000 trades at a considerable discount to the S&P 500. There are several ETFs that offer exposure to small-cap stocks. 10 stocks we like better than iShares Trust - iShares Russell 2000 ETF › The new year is still young, but one of the biggest stories in the stock market so far has been the breakout ...
Key Points The Russell 2000 is up 17% over the last six months, outpacing the S&P 500. The Russell 2000 trades at a considerable discount to the S&P 500. There are several ETFs that offer exposure to small-cap stocks. 10 stocks we like better than iShares Trust - iShares Russell 2000 ETF › The new year is still young, but one of the biggest stories in the stock market so far has been the breakout performance of the Russell 2000, the small-cap index. In fact, the Russell 2000 beat the S&P 500 (SNPINDEX: ^GSPC) in each of the first 14 trading days of the year, a streak that snapped on Jan. 23 when the Russell 2000 fell by nearly 2%. Still, the small-cap index has built a sizable edge over its large-cap peer over the first three weeks of the year as the chart below shows. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » The S&P 500 has outperformed the Russell 2000 over each of the last five years, and dominated it through the AI boom of the last three years. However, after a strong start, the Russell 2000 looks poised to finally beat the S&P 500 this year. Here are two reasons why. The valuation gap has gotten too big After jumping more than 75% over the last three years, the S&P 500 is nearly as expensive as it's ever been. It's trading at a price-to-earnings ratio of 28, according to ETFs that track the S&P 500, and concerns about an AI bubble, high concentration among "Magnificent Seven" stocks, which now make up roughly a third of the index, and expectations for the bull market to broaden all favor alternatives like small-caps. The biggest Russell 2000 ETF, the iShares Russell 2000 ETF (NYSEMKT: IWM), now trades at a price-to-earnings ratio of 19.5, a discount of roughly a third versus the S&P 500. In other words, the Russell 2000 would have to increase by about 50% to have the same valuation as the S&P 500. That should help encourage a rotation...
Broadcom (AVGO) forecast Right now, Broadcom is in the right place at the right time and is doing pretty much all the right things. Not only has it positioned itself solidly in the semiconductor space, but its infrastructure software is also a strong performer. This means that Broadcom kind of has its bases covered in the case one side or the other suffers a downturn, which is a very positive thin...
Broadcom (AVGO) forecast Right now, Broadcom is in the right place at the right time and is doing pretty much all the right things. Not only has it positioned itself solidly in the semiconductor space, but its infrastructure software is also a strong performer. This means that Broadcom kind of has its bases covered in the case one side or the other suffers a downturn, which is a very positive thing for stock investors. The built-in hedging can increase confidence in a company that can have somewhat volatile stock prices and income streams. This could spell stock price growth moving forward, provided Broadcom's potential continues to translate into delivery. 2026 Forecast Broadcom started 2026 with a bang, as far as Wall Street is concerned. Of its 50 analyst recommendations in January, 9 were Strong Buys and 39 were Buys, leaving only two non-believers. Analysts have placed price targets between $289 and $535, putting the stock's price target average at $456, well above its mid-January price of $320.