(Bloomberg) -- Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Re...
(Bloomberg) -- Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing. Most 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 Massiv
Key inflation data is set to be released Wednesday when the Bureau of Labor Statistics reports the consumer price index for May. And while headline inflation will be elevated as higher energy prices continue to hit consumers, investors will be watching core inflation closely, according to JPMorgan. Inflation excluding highly volatile items — food and energy — has been on the rise for the last thre...
Key inflation data is set to be released Wednesday when the Bureau of Labor Statistics reports the consumer price index for May. And while headline inflation will be elevated as higher energy prices continue to hit consumers, investors will be watching core inflation closely, according to JPMorgan. Inflation excluding highly volatile items — food and energy — has been on the rise for the last three months, countering the narrative that the rise in prices from the U.S.-Iran war is only transitory, JPMorgan said. But this week's data release could be uniquely important. "Given the de-risking last week, elevated vol regime, and heightened Equity sensitive to bond yields, this print takes on increased importance as well as more volatile outcomes," the bank wrote in a Tuesday note. In the most likely scenario, according to JPMorgan Market Intelligence, core inflation rises month-over-month by 0.25% to 0.3%. This would likely lead to the S & P 500 trading in a range of down 0.5% to up 0.75%, the firm predicts.The current Dow Jones consensus estimates are for a rise in core inflation of 0.3%. However, if core inflation surprises to the upside — rising by more than 0.35% in May — that could lead to the S & P 500 falling 2% to 3%, the bank estimates. But if core inflation is cooler-than-expected on the month, 0.2% or lower, the broad index could jump between 1.5% and 2%. "We view this print as 'good news is good news' and 'bad news is bad news,'" JPMorgan analysts wrote. "Overall, this print has elevated tail risk, which is why the tail scenarios reflect a higher magnitude of move with a hawkish print generating a larger move than a dovish print."
ToucanStudios Stock index futures were higher on Tuesday as tech stocks continued to recover, with the SpaceX IPO set for Friday. Here are the four stocks to watch on the day: JetBlue ( JBLU ) rose 1.47% in premarket trading despite S&P Global lowering its issuer credit rating to CCC+ from B-. The downgrade pushed JetBlue deeper into junk status, with the ratings agency citing expectations for mat...
ToucanStudios Stock index futures were higher on Tuesday as tech stocks continued to recover, with the SpaceX IPO set for Friday. Here are the four stocks to watch on the day: JetBlue ( JBLU ) rose 1.47% in premarket trading despite S&P Global lowering its issuer credit rating to CCC+ from B-. The downgrade pushed JetBlue deeper into junk status, with the ratings agency citing expectations for materially weaker cash flow generation this year due to sharply higher jet fuel prices. S&P now projects a free cash flow deficit of about $1 billion in 2026, nearly double its prior forecast, with negative free cash flow anticipated to continue into 2027. GSK ( GSK ) slipped 0.26% in premarket trading after agreeing to acquire U.S. biopharmaceutical company Nuvalent in a deal valued at approximately $10.6 billion. Under the agreement , GSK will launch a tender offer within ten business days to acquire all outstanding Nuvalent Class A and Class B shares for $124 per share in cash, representing a 40% premium to Nuvalent's closing price on Monday. Pfizer ( PFE ) edged up 0.20% in premarket trading after Chinese biotech Zai Lab announced that Chinese regulators approved Tivdak, an antibody-drug conjugate developed with Pfizer and Genmab. China's National Medical Products Administration cleared the treatment for adults with recurrent or metastatic cervical cancer who have previously undergone chemotherapy. Novanta ( NOVT ) fell 6.78% in premarket trading after entering into a definitive agreement to acquire Riverpoint Medical in a cash transaction valued at approximately $1.45 billion. The deal includes $1.2 billion upfront in cash plus a $250 million milestone payment due in the first quarter of 2027. Novanta also raised $300 million in a private placement to support the acquisition. More related stories Pfizer Inc. (PFE) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript Novanta Inc. (NOVT) Presents at Jefferies Global Healthcare Conference 2026 -...
Bed Bath & Beyond ( BBBY ) announced that it acquired Installed Right and SFV Services in a stock deal. The Marcus Lemonis-led company said the deal will expand Beyond Home Services, which is its dedicated home services platform and the third pillar of its Everything Home strategy. Installed Right specializes in the professional installation of products and systems across residential and commercia...
Bed Bath & Beyond ( BBBY ) announced that it acquired Installed Right and SFV Services in a stock deal. The Marcus Lemonis-led company said the deal will expand Beyond Home Services, which is its dedicated home services platform and the third pillar of its Everything Home strategy. Installed Right specializes in the professional installation of products and systems across residential and commercial environments. Core offerings include closets and storage systems, flooring and carpeting, cabinetry and kitchens, lighting and fixtures, shelving systems, garage organization systems, and home improvement projects. SFV Services provides renovation, construction, demolition, facilities, and project management services across residential and commercial markets. Core offerings include residential renovations and remodeling, commercial renovations and tenant improvements, demolition and white-box services, construction management, general contracting, facilities maintenance programs, franchise and multi-unit rollouts, program management, project management, and owner’s representation. The acquired businesses generated approximately $60M in combined revenue and approximately $5M in adjusted EBITDA during the most recently completed fiscal year. As consideration for the transaction, Bed Bath & Beyond will issue approximately 7.2M shares of common stock to the sellers, aligning the interests of the Rosen family and management team with the long-term success of the company and its shareholders. The integration of Installed Right and SFV Services is seen as adding installation, renovation, construction, and project-execution capabilities that further differentiate Bed Bath & Beyond ( BBBY ) from traditional retailers. Lemonis noted that acquisitions are not only about adding revenue or EBITDA; they are about “acquiring capabilities” that make platforms and the Everything Home ecosystem more valuable. Regarding Installed Right and SFV Services, Lemonis said he found a business with...
(RTTNews) - After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 p
(RTTNews) - After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 p
Destiny Wealth Partners and Destiny Family Office announced that Sean Beierly has joined the firm as Head of AI Products and Platform for Destiny Intelligence, the company's newly formed artificial intelligence-focused entity designed to transform how wealth advisory firms leverage AI securely, compliantly, and at scale.
Destiny Wealth Partners and Destiny Family Office announced that Sean Beierly has joined the firm as Head of AI Products and Platform for Destiny Intelligence, the company's newly formed artificial intelligence-focused entity designed to transform how wealth advisory firms leverage AI securely, compliantly, and at scale.
Investigation alleges former editor-in-chief of Sport Newspapers introduced woman to David Sullivan, who is accused of sexually exploitative behaviour The BBC presenter Tony Livesey is to “step back” from his radio show after allegations were raised about his previous career as the editor-in-chief of David Sullivan’s Sport Newspapers. The BBC said Livesey, 62, would be stepping away from presentin...
Investigation alleges former editor-in-chief of Sport Newspapers introduced woman to David Sullivan, who is accused of sexually exploitative behaviour The BBC presenter Tony Livesey is to “step back” from his radio show after allegations were raised about his previous career as the editor-in-chief of David Sullivan’s Sport Newspapers. The BBC said Livesey, 62, would be stepping away from presenting his late-night 5 Live show for “a short time” while the corporation considers the issues raised by a Panorama investigation , which accused Sullivan, a billionaire and co-owner of West Ham United , of sexually exploitative and predatory behaviour against women over several decades. Continue reading...
Hiroshi Watanabe Stellantis ( STLA ), Bolt, and Pony.ai ( PONY ) are launching a mobility pilot program in Luxembourg to test autonomous vehicle technology in the country’s local traffic. The collaboration capitalizes on Bolt’s mobility platform with Pony.ai’s ( PONY ) autonomous driving technology and Stellantis’ ( STLA ) L4-Ready Platform to support scalable driverless deployment. The testing pr...
Hiroshi Watanabe Stellantis ( STLA ), Bolt, and Pony.ai ( PONY ) are launching a mobility pilot program in Luxembourg to test autonomous vehicle technology in the country’s local traffic. The collaboration capitalizes on Bolt’s mobility platform with Pony.ai’s ( PONY ) autonomous driving technology and Stellantis’ ( STLA ) L4-Ready Platform to support scalable driverless deployment. The testing program will focus on validating the safety, performance, and regulatory readiness of Pony.ai’s ( PONY ) seventh-generation autonomous vehicles in Luxembourg’s traffic environment, supported by the country’s forward-looking approach to autonomous mobility testing. Stellantis ( STLA ) will contribute a midsize van based on its L4-Ready Platform. By the end of the testing period, the participants hope to achieve fully driverless readiness. More on Stellantis, Pony AI Inc. To Understand The Past, Present And Future Of Stellantis, Look At Maserati Pony AI Q1 2026: 145% Growth - And It May Be Just Getting Started Stellantis N.V. (STLA) Analyst/Investor Day Transcript White House proposes stiffer regional requirements under USMCA -- WSJ Pony AI targets over 3,500 Robotaxis and more than 3.5x 2025 Robotaxi revenue while expanding to over 20 cities
Apple says its cloud processing is as private as on-device, despite expanding to run on Google’s servers. | Screenshot: Apple WWDC 2026 keynote As expected, yesterday's WWDC keynote was mostly about AI. And also as expected, Apple tried to turn its late arrival into its sales pitch: it didn't rush into AI because it was taking its time to do things right. In this case, "right" means "with more pri...
Apple says its cloud processing is as private as on-device, despite expanding to run on Google’s servers. | Screenshot: Apple WWDC 2026 keynote As expected, yesterday's WWDC keynote was mostly about AI. And also as expected, Apple tried to turn its late arrival into its sales pitch: it didn't rush into AI because it was taking its time to do things right. In this case, "right" means "with more privacy than anyone else." It's a good pitch - the question will be how well it holds up. The new Apple Intelligence features and the updated Siri AI have been designed to work across iPhone, iPad, Mac, Apple Watch, and Vision Pro. There's a dedicated Siri AI app, with a ChatGPT-esque chatbot experience, new AI-powered camera and photo editing features, and the beginnings of an agentic exper … Read the full story at The Verge.
narvo vexar Carrier Connect Data Solutions ( CCDSF ) has entered into a definitive asset purchase agreement to acquire Rochester Colo, LLC. for $250K in cash (including a $25K deposit already paid) and issue 800K common shares to Rochester Colo. The transaction will be executed through Carrier’s wholly owned subsidiary, PureColo Inc. The acquisition is expected to close by August 15, 2026, subject...
narvo vexar Carrier Connect Data Solutions ( CCDSF ) has entered into a definitive asset purchase agreement to acquire Rochester Colo, LLC. for $250K in cash (including a $25K deposit already paid) and issue 800K common shares to Rochester Colo. The transaction will be executed through Carrier’s wholly owned subsidiary, PureColo Inc. The acquisition is expected to close by August 15, 2026, subject to customary closing conditions and final approval from the TSX Venture Exchange. The consideration shares will be placed in escrow and systematically released in four equal tranches at 6, 12, 18, and 24 months post-closing. Rochester Colo currently generates approximately C$885K in annual recurring revenue. Upon closing, the asset is projected to immediately boost Carrier’s top-line revenue by 15% to 17%. More on Carrier Connect Data Solutions Inc. Carrier Connect Data Solutions signs LOI for Rochester Colo acquisition Historical earnings data for Carrier Connect Data Solutions Inc. Financial information for Carrier Connect Data Solutions Inc.