In today's video, I discuss recent updates affecting Broadcom (NASDAQ: AVGO) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of April 06, 2026. The video was published on April 06, 2026. Continue reading
In today's video, I discuss recent updates affecting Broadcom (NASDAQ: AVGO) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the post-market prices of April 06, 2026. The video was published on April 06, 2026. Continue reading
Polls suggest lead for opposition candidate before vote on Sunday as both allege enlistment of foreign interference Europe live – latest updates Hungary elections: what is at stake and who is likely to win? Viktor Orbán and his centre-right rival, Péter Magyar, have traded accusations of enlisting foreign interference in a high-stakes election that polls suggest could mark the end of the nationali...
Polls suggest lead for opposition candidate before vote on Sunday as both allege enlistment of foreign interference Europe live – latest updates Hungary elections: what is at stake and who is likely to win? Viktor Orbán and his centre-right rival, Péter Magyar, have traded accusations of enlisting foreign interference in a high-stakes election that polls suggest could mark the end of the nationalist Hungarian prime minister’s 16 years in power. As the two leaders’ campaigns entered their final stages before this weekend’s vote, which is being watched as keenly in Brussels, Moscow and Washington as in Budapest, Orbán said on social media on Friday that his opponent would “stop at nothing to seize power”. Continue reading...
The men, sent to the southern African country in July, have been denied in-person counsel for nine months Four men deported by the US to Eswatini and denied in-person legal counsel for nine months while detained in a maximum security prison have the right to see a local lawyer, Eswatini’s supreme court ruled. The men, from Cambodia, Cuba, Vietnam and Yemen, were sent to the small southern African ...
The men, sent to the southern African country in July, have been denied in-person counsel for nine months Four men deported by the US to Eswatini and denied in-person legal counsel for nine months while detained in a maximum security prison have the right to see a local lawyer, Eswatini’s supreme court ruled. The men, from Cambodia, Cuba, Vietnam and Yemen, were sent to the small southern African country , formerly known as Swaziland, in July despite having no connection to the country, as part of Donald Trump’s administration’s efforts to ramp up deportations. Continue reading...
Blackstone Inc. is considering an initial public offering that could raise $2 billion for an acquisition company that will snap up data centers, according to people familiar with the matter. The alternative investment giant’s offering is being led by Goldman Sachs Group Inc. and could begin formal marketing as soon as this month, said the people, who asked not to be named because the matter is pri...
Blackstone Inc. is considering an initial public offering that could raise $2 billion for an acquisition company that will snap up data centers, according to people familiar with the matter. The alternative investment giant’s offering is being led by Goldman Sachs Group Inc. and could begin formal marketing as soon as this month, said the people, who asked not to be named because the matter is private. Citigroup Inc. and Morgan Stanley are among the banks leading the deal, one of the people said. The firm has sounded out investors for a novel vehicle which would give shareholders a chance to bet on the artificial intelligence boom and filed paperwork confidentially with US regulators earlier this year, the people said. Blackstone had approached sovereign wealth funds and other institutions for the first checks, aiming to eventually raise tens of billions of dollars from a broader group of investors, Bloomberg previously reported . No final decisions have been made, and the timing and structure of the deal are subject to change, the people cautioned. Spokespeople for Blackstone, Goldman Sachs, Citigroup and Morgan Stanley declined to comment. The new vehicle will encapsulate two of the $1.3 trillion alternative asset manager’s biggest initiatives — its bid to become the world’s biggest investor in AI infrastructure and its push beyond mainstay pensions and endowments to reach everyday investors. Blackstone has invested tens of billions of dollars into data centers and the infrastructure that powers them. Read more: Blackstone-Backed Data Center Firm Plans $4.6 Billion Bond (1) It also thrusts the firm into the center of a debate on the staying power of the data-center building boom and the consequences of exposing individuals to the red-hot sector. Some investors worry that technology could move on, rendering obsolete the colossal AI training facilities far from major metropolitan areas.
These days, it seems like every tech company and their corporate parent is looking to squeeze AI tools and features into their products, whether they're wanted or not. So when files with names and functions referencing a "SteamGPT" appeared in a recent Steam client update, Valve watchers took quick notice . From the outside, it's hard to tell precisely what form any such "SteamGPT" would take. But...
These days, it seems like every tech company and their corporate parent is looking to squeeze AI tools and features into their products, whether they're wanted or not. So when files with names and functions referencing a "SteamGPT" appeared in a recent Steam client update, Valve watchers took quick notice . From the outside, it's hard to tell precisely what form any such "SteamGPT" would take. But looking through variable names and references in the files themselves suggests that Valve may be looking to use AI tools to streamline internal evaluations of in-game incidents and sift through potentially suspicious accounts. Looking at the variables As tracked by the automated SteamTracking GitHub project , the term "SteamGPT" appears multiple times in three separate files added in the April 7 Steam client update. In addition to the SteamGPT naming convention—a seemingly obvious reference to the generative pre-trained transformers popularized by ChatGPT and its ilk—the files include mentions of terms like multi-category inference, fine-tuning, and "upstream models" that point to some sort of generative AI system. Read full article Comments
Torsten Asmus/iStock via Getty Images Devon Energy ( DVN ) has seen some strong rallies in recent weeks starting from around January. The rally has followed oil prices as they climbed toward $95-100 per barrel due to the Hormuz crisis. The move has been sharp but mostly macro-driven, so investors have a valid concern – if the war subsides and oil prices normalize, will DVN go down to its pre-spike...
Torsten Asmus/iStock via Getty Images Devon Energy ( DVN ) has seen some strong rallies in recent weeks starting from around January. The rally has followed oil prices as they climbed toward $95-100 per barrel due to the Hormuz crisis. The move has been sharp but mostly macro-driven, so investors have a valid concern – if the war subsides and oil prices normalize, will DVN go down to its pre-spike range? In this article I will argue that with the pending Coterra ( CTRA ) merger announced in early February, DVN stock has found a floor – near current prices – below which it should not fall. The deal gives DVN ~$1B in annual cost savings and capital efficiencies. They also plan to increase dividend by ~31% and expect to authorize a large post-merger new $5B buyback program. These things change Devon’s per-share earnings base and give it a higher valuation floor than previously. On the other hand, as long as oil holds or rises, Devon has a fair chance of strong – if temporary – upside. Putting these ideas together, DVN stock now appears fairly valued with an upside bias. The rally we have seen may not hold, but the underlying business is now stronger. I, therefore, consider DVN a Hold at current levels, with possibility of upside if oil prices stay near $100, while downside is supported by structural improvements we can expect from the merger, including the capital returns. The War Premium The Hormuz crisis has pushed oil prices higher in recent weeks, with WTI approaching the ~$95–100 range. This is well above the typical mid-cycle prices of ~$65–75 per barrel. The market was otherwise balanced enough, and there was nothing structurally different to sustain a $90-100 pricing without the disruption happening. As proof of that statement, US production remained strong, OPEC was running with spare capacity, and demand growth was normal, not accelerating. So the additional ~$20–30 in oil prices was Iran related. And therefore, probably temporary. Historically, such premiums...
Computing is moving from storage toward generation, Nvidia (NASDAQ:NVDA) CEO Jensen Huang said. Computing systems are shifting from retrieval-based models to generative ones that produce outputs in real time, Huang said recently on the "Lex Fridman" podcast. "Warehouses don't make...
Computing is moving from storage toward generation, Nvidia (NASDAQ:NVDA) CEO Jensen Huang said. Computing systems are shifting from retrieval-based models to generative ones that produce outputs in real time, Huang said recently on the "Lex Fridman" podcast. "Warehouses don't make...
Investing in smaller biotechs can yield outstanding returns over the long run if they make sufficient regulatory and commercial progress. On the flip side, these companies come with a healthy dose of risk. So, there is a possibility that picking the right drugmaker will make you a fortune, but choosing the wrong one could destroy your wealth. Which camp does Iovance Biotherapeutics (NASDAQ: IOVA) ...
Investing in smaller biotechs can yield outstanding returns over the long run if they make sufficient regulatory and commercial progress. On the flip side, these companies come with a healthy dose of risk. So, there is a possibility that picking the right drugmaker will make you a fortune, but choosing the wrong one could destroy your wealth. Which camp does Iovance Biotherapeutics (NASDAQ: IOVA) belong in? Let's see whether buying this company's shares could make you a lot richer. Iovance Biotherapeutics' shares have significantly underperformed broader equities over the past three years. At first glance, it's hard to understand why. In 2024, the company earned approval for Amtagvi, a treatment for advanced melanoma, whose sales have grown at a good clip since. Last year, Iovance Biotherapeutics' sales, mostly driven by Amtagvi, came in at $263.5 million, up almost 61% from the previous fiscal year. What's more, Amtagvi was the first medicine of its kind approved for patients with advanced melanoma, and it is slowly expanding its global reach. It was approved in Canada last year and could receive the blessing of regulators in various European countries and Australia over the next couple of years. Continue reading