EU Targets Head Of Russian Orthodox Church With Sanctions What is there left to sanction in Russia? Apparently the European Union still sees plenty of opportunity to punish Russia over the Ukraine war, and is set to go after even religious leaders, now in year five of the conflict and many sanctions packages later. The head of the Russian Orthodox Church, Patriarch Kirill, is among many names to b...
EU Targets Head Of Russian Orthodox Church With Sanctions What is there left to sanction in Russia? Apparently the European Union still sees plenty of opportunity to punish Russia over the Ukraine war, and is set to go after even religious leaders, now in year five of the conflict and many sanctions packages later. The head of the Russian Orthodox Church, Patriarch Kirill, is among many names to be targeted in the EU's latest anti-Moscow sanctions proposal . Kirill has long been accused of justifying the war based on his several patriotic-themed sermons over the years. via Associated Press Brussels first tried to impose individual sanctions on the patriarch in 2022, but Hungary under PM Viktor Orban had exercised veto power over the move. The sanctions would involve travel bans and an asset freeze, as has already happened with Kremlin officials and notables. Kirill has at times utilized language in public that frames Putin's 'special military operation' in Ukraine as a 'holy war'; however, some sympathetic pundits especially in the Orthodox Church world have said these are simple calls to patriotism and defense of the 'motherland' or homeland - a common mindset among most religions and nationalities. American politicians and other church leaders in the US have taken swipes at Kirill and the Russian Orthodox Church - and yet it must be recalled that in the lead-up to Bush's disastrous 2003 Iraq invasion, since proven to have been based on lies , propaganda, and falsehoods - an overwhelming number of prominent Evangelical and Baptist leaders supported it as a somehow 'righteous' or 'godly' regime change mission . The Russian Orthodox Church has of late been especially angry that the Ukrainian government under Zelensky has been seizing churches and historic monasteries in Ukraine which still hold communion with Moscow. In some cases, Orthodox bishops in Ukraine have been arrested simply for not severing spiritual ties with Kirill. This has happened even when bishops, m...
SpaceX's June 12 initial public offering (IPO) will be one for the history books. The company is set to sell 555,555,555 shares at a price of $135 per share in an offering that will raise $75 billion and value the company at approximately $1.77 trillion. In terms of market capitalization , the SpaceX IPO is poised to shatter records and make the space-tech specialist by far the largest public mark...
SpaceX's June 12 initial public offering (IPO) will be one for the history books. The company is set to sell 555,555,555 shares at a price of $135 per share in an offering that will raise $75 billion and value the company at approximately $1.77 trillion. In terms of market capitalization , the SpaceX IPO is poised to shatter records and make the space-tech specialist by far the largest public market debut in history. But while SpaceX will sell a substantial tranche of shares on the public market, it's clear that CEO Elon Musk will retain a virtually unassailable position in the company's voting rights. Even with the stock sale, Musk is poised to control roughly 82.4% of the company's total voting rights through his ownership position in the space stock . Is this a positive or a negative for investors? Image source: Getty Images. Continue reading
格隆汇6月10日｜据彭博，追踪SK海力士的最大杠杆交易所交易基金(ETF)的基金经理日前做出反驳，否认了关于这款规模达100亿美元的产品正在加剧这家韩国芯片制造商股价波动的指控。南方东英资产管理有限公司的首席投资官Wang Yi表示，这家在香港上市的ETF的交易与SK海力士股票波动之间几乎不存在相关性。他称，南方东英的分析发现，即使在今年该股波动最剧烈的一些交易日中，该基金每日调仓所带来的影响也十分有限。 Wang Yi发表上述评论之际，与韩国主要芯片公司挂钩的单只股票杠杆ETF正面临越来越严格的审查。继南方东英的产品迅速增长之后，韩国本土上月推出了一系列与SK海力士和三星电子挂钩的杠杆ETF。这些基金可以放大投资者的收益，但也引发了担忧，即它们在交易日结束时的调仓交易可能会加剧个股及更广泛韩国股市的波动。 南方东英的SK海力士杠杆ETF自去年10月推出后，迅速成为全球同类产品中规模最大的ETF。随着5月底资产规模激增至约100亿美元，华尔街一些银行的交易员开始指出，该基金的调仓资金流可能是导致SK海力士股价以及韩国股市整体出现超常波动的一个潜在驱动因素。 Wang Yi说，南方东英的ETF产品采用基于场外掉期结构运作，依赖华尔街大型银行帮助获取流动性。韩国这些基金采用基于现金股票和期货的结构，并在内部进行再平衡。
champc/iStock via Getty Images The signals for a “Big Top” in U.S. technology stocks remained absent, according to Manish Kabra, head of U.S. equity strategy and multi-asset strategist at Societe Generale. A chart shared by Kabra compared U.S. technology profits, measured by 12-month forward earnings per share relative to the S&P 500 ( SP500 ), with the sector's relative performance versus the bro...
champc/iStock via Getty Images The signals for a “Big Top” in U.S. technology stocks remained absent, according to Manish Kabra, head of U.S. equity strategy and multi-asset strategist at Societe Generale. A chart shared by Kabra compared U.S. technology profits, measured by 12-month forward earnings per share relative to the S&P 500 ( SP500 ), with the sector's relative performance versus the broader index, showing the two have largely moved in tandem over the past three decades. Kabra said three ingredients were visible ahead of the internet and telecom capex peak in 1999-2000: a renewed Federal Reserve hiking cycle, credit spreads widening six to nine months before the market peak, and broadening economic growth, with the ISM manufacturing index reaching 60. According to the strategist, those conditions remain absent today. SocGen does not expect a major Fed hiking cycle to restart; the private sector continues to deleverage, and the ISM remains in mid-cycle territory rather than signaling an overheating economy. Kabra added that technology's recent outperformance has been fully profits-driven , with the chart showing a close relationship between relative earnings growth and relative stock performance. Here is the chart: Societe Generale Here are some tech ETFs: ( VGT ), ( XLK ), ( IYW ), ( FTEC ), ( IXN ), and ( RSPT ) More on tech Downside Risks Rise As Tech Volatility Spikes The Chip Stocks That Will Crack First Markets Don't Like Good News Anymore Tech just pulled a 'once in 4 million years' move Weekly ETFs: Six of 11 sectors record outflows; materials sector leads inflows
undefined China’s factory-gate inflation accelerated to its fastest pace in nearly four years in May, while consumer inflation held steady, underscoring persistent weakness in domestic demand and widening price divergences across the economy. The producer price index (PPI) rose 3.9% from a year earlier, the fastest since July 2022, according to data released Wednesday by the National Bureau of Sta...
undefined China’s factory-gate inflation accelerated to its fastest pace in nearly four years in May, while consumer inflation held steady, underscoring persistent weakness in domestic demand and widening price divergences across the economy. The producer price index (PPI) rose 3.9% from a year earlier, the fastest since July 2022, according to data released Wednesday by the National Bureau of Statistics.
Meta’s America’s Workforce Academy (AWA), announced on Monday, will train trade workers such as electricians, plumbers, and technicians and offer jobs.
Meta’s America’s Workforce Academy (AWA), announced on Monday, will train trade workers such as electricians, plumbers, and technicians and offer jobs.
Monty Rakusen/DigitalVision via Getty Images Overview Capstone Copper ( CS:CA ) ( CSCCF ) is a copper mining company with operations in Chile, Mexico, and the United States. About 2/3 of production does today come from Chile and that percentage is expected to increase given that much of the near-term growth is also in Chile. Figure 1 - Source: Capstone Copper Presentation I have covered this compa...
Monty Rakusen/DigitalVision via Getty Images Overview Capstone Copper ( CS:CA ) ( CSCCF ) is a copper mining company with operations in Chile, Mexico, and the United States. About 2/3 of production does today come from Chile and that percentage is expected to increase given that much of the near-term growth is also in Chile. Figure 1 - Source: Capstone Copper Presentation I have covered this company frequently over the last few years, and my prior articles can be found here . Capstone was first added to my portfolio last year following the sell-off in conjunction with the Liberation Day tariff announcement. I have sold and repurchased those shares in 2026, as we have seen large swings in the Capstone Copper share price. Today's article will primarily focus on the Q1 result and the current valuation. The copper price has, in 2026, increased by 12%, where higher prices for sulfuric acid following the closure of the Strait of Hormuz have no doubt played a part. Copper mining companies have experienced quite a bit of volatility this year, and Capstone is a relatively volatile copper mining stock, but the stock price has also underperformed both peers and the copper price. The underperformance is likely due to slightly softer production guidance in 2026, even if we can expect material production growth next year again. Capstone has, in my view been punished excessively this year. The company continues to report record earnings, has a solid liquidity position, and has an attractive valuation. Figure 2 - Source: Koyfin Q1 2026 Result Capstone Copper reported a record adjusted EBITDA of $329M during Q1 2026, up 7% compared to the prior quarter. Adjusted free cash flow was also a very healthy $56M, the fifth quarter in a row of positive adjusted free cash flow, even though the company is investing in growth. Figure 3 - Source: Capstone Copper Quarterly Reports The realized copper price of $5.92/lb was the primary reason for the record financials in Q1. Production declined 18...
Artan was due to be first Somali referee at World Cup ‘I promise you that I will attend the next one’ The World Cup referee from Somalia who was denied entry to the United States arrived on Wednesday in Somalia’s capital, Mogadishu, where he was received by a crowd of supporters and officials. Omar Artan was due to be the first referee from Somalia to officiate at a World Cup after making Fifa’s f...
Artan was due to be first Somali referee at World Cup ‘I promise you that I will attend the next one’ The World Cup referee from Somalia who was denied entry to the United States arrived on Wednesday in Somalia’s capital, Mogadishu, where he was received by a crowd of supporters and officials. Omar Artan was due to be the first referee from Somalia to officiate at a World Cup after making Fifa’s final list for the tournament. He is one of Africa’s top referees and was named the continent’s best male referee in 2025. Continue reading...
Logitech International SA ( LOGI ) has unveiled a sleek wireless travel mouse featuring a unique folding design that fits easily into a pocket. The new accessory is specifically targeted at working professionals and Gen Z users. The new Mobi Fold travel mouse is priced at $80, according to Bloomberg. In a statement Wednesday, Logitech said it sees the product serving a large potential market: the ...
Logitech International SA ( LOGI ) has unveiled a sleek wireless travel mouse featuring a unique folding design that fits easily into a pocket. The new accessory is specifically targeted at working professionals and Gen Z users. The new Mobi Fold travel mouse is priced at $80, according to Bloomberg. In a statement Wednesday, Logitech said it sees the product serving a large potential market: the vast majority of workers who don’t use a mouse when working in public. It’s available now, including through the TikTok Shop in the U.S., as per the report. By delivering a comfortable, productive experience that collapses to nearly half its size—and reduces muscle strain by 22% compared to a laptop trackpad—we ensure a professional setup is a constant, not a compromise," the company said. "For power users, the two customizable buttons on the touch panel can be personalized via the Logi Options+ App to trigger shortcuts like switching applications or taking screenshots instantly." More on Logitech Logitech International S.A. (LOGI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Logitech International S.A. (LOGI) Q4 2026 Earnings Call Transcript Logitech: Not Enough Growth To Pull Me In Logitech approves dividend increase to CHF 1.36 per share Logitech expects Q1 FY27 net sales growth of 2% to 4% amid increased AI and B2B investments