The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with ...
The owner of Boots is talking to parties including the billionaire Weston family and Australian pharmacy group Sigma Healthcare about a $10 billion sale of the UK health and beauty retail business, according to the Financial Times. Private equity firm Sycamore Partners, which took control of Boots through the acquisition of parent company Walgreens Boots Alliance last year, began discussions with potential strategic buyers before Easter, the FT said without naming its sources. Representatives for Boots and Sycamore declined to comment. If a sale takes place then it would mean Sycamore could abandon plans for an initial public offering of Boots in London. The Canadian branch of the Weston family owns the grocery chain Loblaws and pharmacy chain Shoppers Drug Mart through its Wittington Investments vehicle, the people said. Sigma Healthcare combined with rival Chemist Warehouse Group last year.
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens ne...
When politicians talk ‘common sense’ it’s time to worry; when the Tory leader does, it’s time to be doubly vigilant You know how it is. You’re a middle class, straight white man in his 60s in A&E. Possibly the most disadvantaged person in the entire country. You complain of chest pains. In the adjoining triage queue there is a black woman with what looks like a broken toe. You know what happens next. The black woman is seen within minutes. You have a cardiac arrest on the waiting room floor. Said no one ever. There may be times when there simply aren’t enough staff in the A&E department. There may also be times when a doctor under pressure fails to make the right diagnosis. But no one for a minute believes they are being deliberately kept waiting any longer than necessary. The founding principle of the NHS is predicated on patients being treated according to the severity of their condition. Continue reading...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are dow...
ozgurdonmaz European Union regulators reportedly criticized Apple ( AAPL ) on Tuesday for blaming EU technology rules for its decision not to initially roll out its artificial intelligence assistant, Siri AI, in the European Union. According to a Reuters report , the regulators said they had rejected the iPhone maker’s request for an 18-month exemption from its obligations. Shares of Apple are down about 3.3% during early trading hours on Tuesday. The tech giant on Tuesday announced that Siri AI would not be available on iPhones or iPads initially in the European Union. The company accused the European Commission of refusing to engage constructively with it to ensure privacy and security on its devices. The iPhone maker told regulators about its plans to introduce an intermediary over an 18-month period to allow virtual assistants to access Siri AI safely. However, the regulators turned down the request. The Commission repudiated Apple's criticism. According to Reuters’ report, EU Commission spokesperson Thomas Regnier told reporters in Brussels that the decision not to roll out Siri AI in the European Union was solely Apple's, adding that “there was nothing in the Digital Markets Act to stop the company from introducing new products in the EU.” Regnier added that Apple was simply not able to develop interoperability solutions that met the EU’s essential privacy and security standards. “Instead of trying to find a suitable compliance solution, Apple simply made a request to the European Commission to be exempted from its interoperability obligations under the DMA - and this for at least 18 months. That's not an option,” the spokesperson concluded. Apple did not immediately respond to Seeking Alpha's request for comment. According to the report, Europe accounted for about 27% of Apple’s overall sales in the last financial year. More on Apple Apple: The Wait Was Worth It Wall Street Brunch: SpaceX IPO, WWDC And CPI Apple Reaps AI Benefits Without Capex Burden (Rating ...
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, metals & mining shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of American Battery Technology, off about 18% and shares of Uranium Energy down about 12.5% on the day. Also lagging the market Tues
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
In trading on Tuesday, general contractors & builders shares were relative leaders, up on the day by about 3.8%. Leading the group were shares of LGI Homes, up about 7.1% and shares of Hovnanian Enterprises up about 5.4% on the day. Also showing relative strength are home
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
The Board of Directors of Nucor declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend. Agree R
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% inc...
quantic69 Amid the insatiable demand for all things artificial intelligence-related, Goldman Sachs now believes that AI-linked servers will hit $1.24T by 2030, while traditional servers could surpass $160B. “AI server forecasts for 2026-2030 raised by ~18% on average, now expected to reach ~$1.24 tr by 2030 (v. $961 bn prior per 4Q25 forecasts), with +3% increased outlook across units and +15% increased outlook across ASPs,” Goldman Sachs analysts wrote in a note to clients. “Traditional server forecasts for 2026-2030 raised by ~31% on average, now forecast to reach ~$164 bn by 2030 (v. $105 bn prior per 4Q25 forecasts), with +19% increased outlook across units and +10% increased outlook across [average selling prices].” The updated forecast from Goldman comes after Dell Technologies ( DELL ) and HP Enterprise ( HPE ) both reported quarterly results and increased their guidance. According to research firm 650, Dell gained share in both traditional and AI server markets, aided by the enterprise and neocloud areas. “DELL’s C1Q26 traditional server revenue was up +85% year-over-year (v. +92% reported), driven by a +24% increase in units and a +49% increase in ASPs,” Goldman Sachs explained. “By vertical, 650 Group estimates that Dell’s C1Q26 traditional server revenue growth was balanced across neoclouds +102% yoy (+34% yoy units, +50% yoy ASPs) and enterprise +91% yoy (+29% units yoy, +48% ASPs yoy). DELL’s C1Q26 traditional server hardware revenue of ~$8.0 bn was ~54% enterprise, ~40% neocloud, ~6% hyperscalers/service provider (vs. 52%/36%/12% in C1Q25). DELL gained market share in traditional server revenue (30% in 1Q26 v. 20% in 1Q25), including share gains in neocloud (35% in 1Q26 v. 26% in 1Q25) and enterprise (38% in 1Q26 v. 25% in 1Q25). DELL’s C1Q26 AI server revenue was up +$11.3 bn year-over-year (+622% year-over-year), driven by a +300% increase in units and a +81% increase in ASPs. By vertical, 650 Group estimates that Dell’s C1Q26 AI server revenue growt...
designer491/iStock via Getty Images Performance Summary Fixed income markets navigated a quarter defined by geopolitical disruption and shifting monetary policy expectations. Q1 began on constructive footing — inflation continued its gradual descent, corporate credit spreads held near historic tights, and the Fed's patient stance provided a stable backdrop. That narrative unraveled in March as the...
designer491/iStock via Getty Images Performance Summary Fixed income markets navigated a quarter defined by geopolitical disruption and shifting monetary policy expectations. Q1 began on constructive footing — inflation continued its gradual descent, corporate credit spreads held near historic tights, and the Fed's patient stance provided a stable backdrop. That narrative unraveled in March as the war in Iran closed the Strait of Hormuz, drove oil prices sharply higher, and forced markets to rapidly reprice both inflation and growth. The 10-year Treasury yield ended the quarter at 4.32%, nearly flat to year-end 2025, but the path there was anything but. The Fed held rates steady throughout Q1 and rate cut expectations softened for 2026. Municipal yields rose in Q1, with intermediate and long-term yields rising the most. Upward pressure on muni yields and substantial supply resulted in underperformance in municipal debt for the quarter, with the Bloomberg Municipal Bond Index returning -0.2%, underperforming the Bloomberg Aggregate Index which returned -0.0%. While yields have come off their early 2025 highs, they remain elevated, offering tax-conscious investors a very attractive entry point, and not just those in the highest tax brackets. The yield of the Bloomberg Municipal Bond Index rose to 3.77% in Q1, up from 3.60% at the end of Q4, offering a taxable-equivalent yield of 6.38% (in the highest tax bracket). Market Review & Outlook The Bloomberg Municipal Bond Index returned -0.18% for the first quarter of 2026. The fixed income sector saw mixed performance. First quarter results for the Bloomberg U.S. Aggregate Bond Index were -0.05%; for the Bloomberg U.S. Universal Index, -0.15%; and for the Bloomberg U.S. Treasury Index -0.04%. See below for an update on some of the key metrics in the muni market that we continue to monitor. AAA muni yields (the benchmark rate of the safest municipal securities) rose across the maturity spectrum in Q1 2026. As a reminder, an...
[The content of this article has been produced by our advertising partner.] In a defining moment for Hong Kong's educational landscape, the YK Pao Education Foundation officially announced the forthcoming opening of YK Pao School Hong Kong at a launch ceremony on 29th May, 2026. Welcoming its first cohort in August 2026, the pioneering school is conceived to meet the growing demand for internation...
[The content of this article has been produced by our advertising partner.] In a defining moment for Hong Kong's educational landscape, the YK Pao Education Foundation officially announced the forthcoming opening of YK Pao School Hong Kong at a launch ceremony on 29th May, 2026. Welcoming its first cohort in August 2026, the pioneering school is conceived to meet the growing demand for international bilingual education. Rooted in the philosophy "Learning with Joy, Living with Purpose," the...
Humans have been secretly abusing aliens for almost 80 years in this big-hearted thriller starring Josh O’Connor as a worried whistleblower and a never-more-magnetic Emily Blunt as a weather forecaster channelling UFO chat The old school is the new school in this very enjoyable and entirely ridiculous space-alien conspiracy adventure from screenwriter David Koepp and director Steven Spielberg; it ...
Humans have been secretly abusing aliens for almost 80 years in this big-hearted thriller starring Josh O’Connor as a worried whistleblower and a never-more-magnetic Emily Blunt as a weather forecaster channelling UFO chat The old school is the new school in this very enjoyable and entirely ridiculous space-alien conspiracy adventure from screenwriter David Koepp and director Steven Spielberg; it is cheerfully mischievous and deadly serious in equal measure. It has something of Hitchcock from North By Northwest, Christopher Nolan from Inception and Spielberg from pretty much every other movie he’s ever made. Spielberg incidentally appears in the trailer for this film, disclosing that, hand-on-heart, he really believes in its contents, in the way I imagine CS Lewis believed in Aslan and the secret Narnian sovereignty of Peter and Susan. Only Spielberg could get away with taking two of the world’s best-known hoaxes – Roswell and crop circles – and treating them with judicious deadpan respect. With heartfelt idealism, Spielberg also asks us to believe that should the ultimate truth come out, people everywhere would be terribly upset at the way captured aliens have been vivisected. (I suspect that would be very far down the list of our concerns.) Continue reading...
WILMINGTON, Del., June 09, 2026--We’re excited to announce that Kiddopia’s subscription digital gift cards are now available in Amazon’s online store. Parents and families can now gift joyful learning experiences with flexible subscription options - including exclusive 3‑month and 6‑month plans available only on Amazon.
WILMINGTON, Del., June 09, 2026--We’re excited to announce that Kiddopia’s subscription digital gift cards are now available in Amazon’s online store. Parents and families can now gift joyful learning experiences with flexible subscription options - including exclusive 3‑month and 6‑month plans available only on Amazon.
The new pre-IPO research coverage begins as Cerebras Systems graduates from the index following its May 2026 Nasdaq listingHAUPPAUGE, N.Y., June 09, 2026 (GLOBE NEWSWIRE) -- TSG Invest, a multi-entity financial services firm providing accredited investors with research and access to pre-IPO opportunities, today announced new research coverage of Project Prometheus, the physical-artificial-intellig...
The new pre-IPO research coverage begins as Cerebras Systems graduates from the index following its May 2026 Nasdaq listingHAUPPAUGE, N.Y., June 09, 2026 (GLOBE NEWSWIRE) -- TSG Invest, a multi-entity financial services firm providing accredited investors with research and access to pre-IPO opportunities, today announced new research coverage of Project Prometheus, the physical-artificial-intelligence company co-founded by Amazon founder Jeff Bezos. Project Prometheus joins the firm’s proprietar
When most people think of major stock market indexes, their minds go to the S&P 500 , Nasdaq Composite , or Dow Jones because they're the "Big 3." One index that often flies under the radar is the Russell 2000 , which tracks the smallest 2,000 companies in the Russell 3000 index. The Russell 2000 is to small-cap stocks what the S&P 500 is to large-cap stocks, and so far this year, ETFs like the Va...
When most people think of major stock market indexes, their minds go to the S&P 500 , Nasdaq Composite , or Dow Jones because they're the "Big 3." One index that often flies under the radar is the Russell 2000 , which tracks the smallest 2,000 companies in the Russell 3000 index. The Russell 2000 is to small-cap stocks what the S&P 500 is to large-cap stocks, and so far this year, ETFs like the Vanguard Russell 2000 ETF (NASDAQ: VTWO) have outperformed all of the "Big 3" indexes. If you have $1,000 available to invest, it could be a great addition to your portfolio for the long haul. Image source: Getty Images. Continue reading
Jefferies: "Turns Out, We Weren't Bullish Enough On Copper" " Turns out, we weren't bullish enough on copper ," Jefferies analyst Christopher LaFemina wrote in a note to clients, marking a notable shift from one of Wall Street's most seasoned metal voices. LaFemina joined Jefferies in 2011 after more than a decade covering metals and mining at Lehman Brothers and Barclays, lending weight to his vi...
Jefferies: "Turns Out, We Weren't Bullish Enough On Copper" " Turns out, we weren't bullish enough on copper ," Jefferies analyst Christopher LaFemina wrote in a note to clients, marking a notable shift from one of Wall Street's most seasoned metal voices. LaFemina joined Jefferies in 2011 after more than a decade covering metals and mining at Lehman Brothers and Barclays, lending weight to his view that the explosive growth in AI data center buildouts, power grid and infrastructure upgrades (a theme he calls "powering up America"), and tight supply are creating structurally higher prices for copper. LaFemina raised his 2030 target and now expects copper to average $8 per pound, or $17,636 a ton. COMEX copper last traded around $6.34 a pound, while LME copper was near $13,583 a ton. On a longer timeframe, the LME copper chart suggests the $10,000 level was the breakout zone, further supporting LaFemina's 2030 target given the current supply-tightening backdrop. "Turns out, we weren't bullish enough on copper," LaFemina said, adding, "We now have the highest copper price forecast on the Street as we see strong US industrial demand and still tight supply." He noted that the data center and power infrastructure buildout should drive a meaningful acceleration in metals demand, with copper and aluminum prices able to rise much higher before weighing on the broader economy. Goldman recently estimated that AI capital expenditures by hyperscalers will soar to $800 billion this year . The report can be found here . In recent weeks, Goldman raised its year-end copper price target, and HSBC warned ( report found here) that commodities face a "super-squeeze." HSBC analysts told clients last week that " metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle East conflict and strong structural demand ." Separately, Goldman analysts led by Aurelia Waltham explained that one of the core issues with the copper market right now i...
JHVEPhoto/iStock Editorial via Getty Images Introduction Based on my analysis, Intel Corporation ( INTC ) presents a huge opportunity for investors who are looking for companies in the semiconductor space with an attractive risk/reward profile. Although Intel's foundry has yet to contribute to the company's financials significantly, the company will continue to benefit from the increasing demand f...
JHVEPhoto/iStock Editorial via Getty Images Introduction Based on my analysis, Intel Corporation ( INTC ) presents a huge opportunity for investors who are looking for companies in the semiconductor space with an attractive risk/reward profile. Although Intel's foundry has yet to contribute to the company's financials significantly, the company will continue to benefit from the increasing demand for CPUs due to agentic AI and the increasing demand for inferences. Additionally, even though the company's valuation seems stretched, my valuation analysis suggests that there is still upside potential of 30%. In this report, I will demonstrate why investors should consider adding Intel to their portfolios. Company Overview Intel is a semiconductor company based in the United States that designs and manufactures semiconductor products such as CPUs; the company sells its products and services globally through direct and indirect channels, which include but are not limited to distributors, vendors, intermediaries, and retailers. Based on Intel's latest 10-Q , the company segregates its revenue based on the following business units: (1) Intel Products, which includes Client Computing Group ("CCG") and Data Center and AI ("DCAI"), (2) Intel Foundry, and (3) Others. As of 1Q26, Intel has a workforce of 83.2k full-time employees across the world. Intel's Business Units (Company Filings) Latest Developments In 1Q26 , Intel's revenue grew by 7.18% y/y to $13.58 billion. Intel's revenue growth is primarily due to strength in the company's DCAI and Foundry segments; revenue from DCAI surged by 22% y/y, whereas revenue from Foundry expanded by 16% y/y. That being said, revenue from CCG remains relatively flat, up only 1% y/y. 1Q26 Highlights (Earnings Presentation) During this period, Intel's margins have improved substantially. Intel posted an operating income margin of 6.88%, significantly higher from its negative margin of -1.14% in the same period last year. Looking ahead, Intel'...