South Korean actor Kim Seon-ho’s agency, Fantagio, has issued a statement defending the star of Netflix’s Can This Love Be Translated? after he was accused of setting up a shell company to evade taxes. The claims are similar to those levelled against actor-singer Cha Eun-woo, a fellow Fantagio artiste, just days before. Cha is under investigation for allegedly setting up a one-person corporation t...
South Korean actor Kim Seon-ho’s agency, Fantagio, has issued a statement defending the star of Netflix’s Can This Love Be Translated? after he was accused of setting up a shell company to evade taxes. The claims are similar to those levelled against actor-singer Cha Eun-woo, a fellow Fantagio artiste, just days before. Cha is under investigation for allegedly setting up a one-person corporation to avoid paying about 20 billion won (US$13.6 million) in taxes. On Sunday, media outlet Sports Kyunghyang reported that Kim had set up a theatrical production company in January 2024, registering the business under his home address in Yongsan district. Advertisement According to the report, Kim was registered as the company’s CEO while his parents were named as its internal director and auditor, being paid salaries ranging from hundreds of thousands to millions of won. His father also reportedly used a corporate credit card for personal expenses and drove a Genesis GV80 that was registered under the company. Under South Korean law, using corporate funds for personal spending can be considered embezzlement or breach of trust. Advertisement The implication was that Kim was running a one-man corporation in tandem with his agency representation to inflate corporate expenses and potentially reduce his tax liabilities.
Key Points D-Wave's share price has dropped as investors have fled from speculative investments lately. The company has minimal revenues, its operating expenses are rising, and it reported a net loss of $104 million in the third quarter. Even after its steep share price drop, D-Wave's stock remains very expensive. 10 stocks we like better than D-Wave Quantum › Many investors are excited about the ...
Key Points D-Wave's share price has dropped as investors have fled from speculative investments lately. The company has minimal revenues, its operating expenses are rising, and it reported a net loss of $104 million in the third quarter. Even after its steep share price drop, D-Wave's stock remains very expensive. 10 stocks we like better than D-Wave Quantum › Many investors are excited about the prospects of quantum computing. The technology is touted as having the potential to lead to new drug discoveries, improved artificial intelligence (AI) models, advancements in materials science, and more. And one company that has benefited immensely from the surge in quantum computing interest is D-Wave Quantum (NYSE: QBTS). Its share price is up by about 1,600% over the past three years. But as impressive as that stock surge has been, as of the close of trading Friday, D-Wave's stock was also down by about 38% over the past three months, which might have some investors wondering whether now is a good time to buy or whether the stock has further to fall. Here's what potential investors should know. 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 » Why some investors are optimistic about D-Wave Given D-Wave's huge price gains over the past few years, it's worth taking a minute to explain precisely why some investors are so excited about the stock. The biggest reason may be that quantum computing is viewed by many as holding significant promise to be a game-changing technology. For example, consulting firm McKinsey estimates its market size will reach $100 billion by 2035. And with the potential for it to improve current AI models, many investors anticipate these two trends converging into one tech megatrend in the coming years. For D-Wave specifically, there have been catalysts propelling it. For instance, its revenue doubled in the third quarter of 2025, a...
Thiel Macro, a hedge fund led by Palantir co-founder Peter Thiel, has a significant percentage of its portfolio invested in Apple and Microsoft. Billionaire Peter Thiel, a Silicon Valley venture capitalist and entrepreneur, is best known for his role in co-founding Palantir Technologies. He still owns more than 3% of the company's Class A shares, as well as 30% of the Class B shares and 33% of the...
Thiel Macro, a hedge fund led by Palantir co-founder Peter Thiel, has a significant percentage of its portfolio invested in Apple and Microsoft. Billionaire Peter Thiel, a Silicon Valley venture capitalist and entrepreneur, is best known for his role in co-founding Palantir Technologies. He still owns more than 3% of the company's Class A shares, as well as 30% of the Class B shares and 33% of the Class F shares. Thiel also runs a hedge fund, Thiel Macro, that manages $74 million. He made some interesting trades in the third quarter. First, he sold shares of Nvidia and Tesla, closing his position in the former, and trimming his position in the latter. Second, he added shares of Apple (AAPL +0.62%) and Microsoft (MSFT 0.74%) Those two artificial intelligence (AI) stocks account for 61% of the hedge fund's assets: 27% in Apple and 34% in Microsoft. Of course, the portfolio itself represents a microscopic percentage of Thiel's $26 billion net worth, but the position sizing still points to high conviction in both companies. Apple: 27% of Thiel Macro's portfolio Apple has cultivated a reputation for premium consumer electronics devices because of design expertise that spans hardware, software, and services. Particularly important is its ability to design custom semiconductors, which improve performance and power efficiency of its iPhone, iPad, and Mac products, and help the company control costs. Apple reported strong financial results in the first quarter of fiscal 2026 (ended Dec. 27), beating estimates on the top and bottom lines. Revenue increased 16% to $143.7 billion despite tariffs, driven by strong growth in the iPhone and services segments. Also, sales in China increased 38% after declining during the previous fiscal year. Meanwhile, GAAP net income increased 18% to $2.84 per diluted share. Recently, Apple said it will use Alphabet's Gemini models to bring artificial intelligence (AI) features to its voice assistant Siri, abandoning plans to build the large lang...
Key Points Silicon Valley billionaire Peter Thiel had 61% of his hedge fund's portfolio invested in Apple and Microsoft as of the third quarter. Apple reported excellent financial results in the December quarter, and the company recently selected Alphabet's Gemini models to bring AI to its voice assistant, Siri. Microsoft reported disappointing financial results in the December quarter, but the co...
Key Points Silicon Valley billionaire Peter Thiel had 61% of his hedge fund's portfolio invested in Apple and Microsoft as of the third quarter. Apple reported excellent financial results in the December quarter, and the company recently selected Alphabet's Gemini models to bring AI to its voice assistant, Siri. Microsoft reported disappointing financial results in the December quarter, but the company has solid long-term growth prospects across its software and cloud businesses. 10 stocks we like better than Apple › Billionaire Peter Thiel, a Silicon Valley venture capitalist and entrepreneur, is best known for his role in co-founding Palantir Technologies. He still owns more than 3% of the company's Class A shares, as well as 30% of the Class B shares and 33% of the Class F shares. Thiel also runs a hedge fund, Thiel Macro, that manages $74 million. He made some interesting trades in the third quarter. First, he sold shares of Nvidia and Tesla, closing his position in the former, and trimming his position in the latter. Second, he added shares of Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Those two artificial intelligence (AI) stocks account for 61% of the hedge fund's assets: 27% in Apple and 34% in Microsoft. Of course, the portfolio itself represents a microscopic percentage of Thiel's $26 billion net worth, but the position sizing still points to high conviction in both companies. Apple: 27% of Thiel Macro's portfolio Apple has cultivated a reputation for premium consumer electronics devices because of design expertise that spans hardware, software, and services. Particularly important is its ability to design custom semiconductors, which improve performance and power efficiency of its iPhone, iPad, and Mac products, and help the company control costs. Apple reported strong financial results in the first quarter of fisca...
The Hong Kong Monetary Authority. Photo: VCG Hong Kong aims to issue its first batch of stablecoin issuer licenses in March, with an official saying that only a small number of applicants will be approved initially. The Hong Kong Monetary Authority (HKMA) is assessing applications and has requested additional information from some applicants, including details on use cases, risk controls and reser...
The Hong Kong Monetary Authority. Photo: VCG Hong Kong aims to issue its first batch of stablecoin issuer licenses in March, with an official saying that only a small number of applicants will be approved initially. The Hong Kong Monetary Authority (HKMA) is assessing applications and has requested additional information from some applicants, including details on use cases, risk controls and reserve asset composition, Chief Executive Eddie Yue said Monday. The authority will prioritize stability and security.
viper-zero/iStock Editorial via Getty Images Moog ( MOG.A , MOG.B ) stock has surged 6% following the release of its Q1 2026 results. The company has now surged 53% since my last report, easily outperforming the S&P 500’s 3.4% return. The stock price has now exceeded my price target and seemingly is set for a rerating, as the company is one of the beneficiaries of commercial and defense aerospace ...
viper-zero/iStock Editorial via Getty Images Moog ( MOG.A , MOG.B ) stock has surged 6% following the release of its Q1 2026 results. The company has now surged 53% since my last report, easily outperforming the S&P 500’s 3.4% return. The stock price has now exceeded my price target and seemingly is set for a rerating, as the company is one of the beneficiaries of commercial and defense aerospace end market growth, which will see the aerospace and defense market growing to $1.2 trillion in the years ahead. In this report, I review the company’s Q1 2026 earnings and update my price target. Moog Shows Impressive Results Despite Tariff Headwinds Moog (Investor Presentation) Moog’s first quarter revenues rose 21% to $1.1 billion, beating analyst estimates by $113 million. Sales growth was broad-based, with double digit growth in all end markets. Space and Defense sales increased 31% to $324 million, driven by higher missile control and satellite component sales. Given the increasing demand for space applications and missile defense, the growth is not entirely surprising. Margins increased 280 basis points to 14.8%, driven by sales growth partially offset by investments in products and capacity. Military Aircraft sales rose 16% to $247 million, driven by V-22 Osprey spare parts orders and higher MV-75 activity. Margins improved 60 basis points to 11.9%. We do note that margins are somewhat pressured due to mix. Aftermarket sales come at a high margin, which is favorable. However, the MV-75 is currently in the lower-margin phase. As the company ramps up MV-75 program activity, that is actually a dilution to the margin profile. On long-term contracts, a percentage of profit and revenues is recognized against the costs that are incurred. So, as the program ramps up, we also see that associated revenues and profits are recognized on a cost-completion basis. However, in the current phase of the program, the margins remain low. Commercial Aircraft sales rose 23% to $268 millio...
(RTTNews) - Asian stocks followed Wall Street lower on Monday as lingering trade tensions along with renewed uncertainty over U.S. monetary policy and ongoing heavy selling in the precious metals space spurred risk aversion. Investors also looked ahead to the release of key U.S. jobs data as well as central bank decisions in Australia, Europe and London for direction. Precious metals including gol...
(RTTNews) - Asian stocks followed Wall Street lower on Monday as lingering trade tensions along with renewed uncertainty over U.S. monetary policy and ongoing heavy selling in the precious metals space spurred risk aversion. Investors also looked ahead to the release of key U.S. jobs data as well as central bank decisions in Australia, Europe and London for direction. Precious metals including gold and silver continued to plunge during Asian trading hours, with gold falling over 5 percent and silver declining nearly 8 percent following last week's dollar-fueled collapse. Oil prices fell nearly 5 percent after the U.S. and Iran reportedly informed each other that they are ready to conduct negotiations on an agreement to end tensions between them. Chinese and Hong Kong markets tumbled as beleaguered property developer China Vanke warned of a 11.8 billion net loss for 2025 and electric vehicle giant BYD reported a 30.1 percent year-on-year fall in vehicle sales for January. China's Shanghai Composite index slumped 2.48 percent to 4,015.75 while Hong Kong's Hang Seng index plummeted 2.23 percent to 26,775.57. Both China Vanke and BYD fell more than 4 percent in Shanghai. On the data front, China's official manufacturing purchasing managers' index came in well below forecasts at 49.3 and the non-manufacturing PMI fell back into contractionary territory, while a private gauge of China's manufacturing sector showed Chinese factories continued to expand activity in January. Japanese markets joined a global sell-off as technology stocks lost ground on renewed concerns about the sustainability of AI investments. Investors also braced for the Feb. 8 snap lower house election. The Nikkei average ended down 1.25 percent at 52,655.18, reversing early gains after Prime Minister Sanae Takaichi said that a weak yen could be a major opportunity for export industries. The broader Topix index settled 0.85 percent lower at 3,536.13. SoftBank Group tumbled 3.8 percent, Advantest lost 4.7...
Nvidia has become one of the market's best-performing stocks. In just a few short years, Nvidia (NVDA 0.72%) has grown from promising tech business to semiconductor industry leader to the biggest company in the world. At the beginning of the COVID pandemic, the stock had a market cap of around $150 billion. Today, that number is around $4.5 trillion. You don't get to that point without delivering ...
Nvidia has become one of the market's best-performing stocks. In just a few short years, Nvidia (NVDA 0.72%) has grown from promising tech business to semiconductor industry leader to the biggest company in the world. At the beginning of the COVID pandemic, the stock had a market cap of around $150 billion. Today, that number is around $4.5 trillion. You don't get to that point without delivering some big returns for shareholders. Those returns haven't come in a straight line, though. Nvidia stock made relatively steady progress up until 2018. The "mini-bear" market in the fourth quarter of that year, which was fueled by recession concerns, resulted in the share price dropping by more than half. The COVID pandemic led to a sharp decline in the stock's price, followed by a quick rebound, but it was the 2022 bear market that did the most damage. From peak to valley, Nvidia fell by more than 60%. If you managed to ride all of that out over the past decade, the rewards would have been immense. For the decade ending Jan. 23, Nvidia stock gained more than 27,000%! That means a simple $100 investment made in Nvidia stock 10 years ago and held for the duration would have turned into $27,100. The next 10 years are unlikely to produce those same returns, but there's still reason to be optimistic. The AI revolution is still in the early innings and there's a lot of development still to be done. Nvidia has demonstrated its ability to be a leader in this space and should continue to be for the foreseeable future.
US President Donald Trump threatened legal action on Monday against the host of the 68th Grammy Awards over the comedian’s comment on the US president and convicted sex offender Jeffrey Epstein. After congratulating Billie Eilish for winning the Grammy for Song of the Year for her track “Wildflower”, host Trevor Noah brought up Trump and Epstein. “Wow. That’s a Grammy that every artist wants – alm...
US President Donald Trump threatened legal action on Monday against the host of the 68th Grammy Awards over the comedian’s comment on the US president and convicted sex offender Jeffrey Epstein. After congratulating Billie Eilish for winning the Grammy for Song of the Year for her track “Wildflower”, host Trevor Noah brought up Trump and Epstein. “Wow. That’s a Grammy that every artist wants – almost as much as Trump wants Greenland,” he quipped, referring to the president’s threats to seize the autonomous Arctic territory. Advertisement Noah then added: “Which makes sense because, since Epstein’s gone, he needs a new island to hang out with Bill Clinton.” Trevor Noah mocked Trump’s desire for Greenland as a replacement for Epstein’s island on Sunday. Photo: TNS Noah, who announced that this will be his final year hosting the Grammys after six turns as emcee, has been light on political commentary in previous years.
Alibaba Group Holding has joined rivals including Tencent Holdings and Baidu in rolling out Spring Festival red-packet giveaways to drive mass-market adoption of its artificial intelligence, committing 3 billion yuan (US$432 million) to spur spending across its ecosystem as it seeks to extend its edge in foundational models to consumer-facing products. The Hangzhou-based e-commerce and AI giant sa...
Alibaba Group Holding has joined rivals including Tencent Holdings and Baidu in rolling out Spring Festival red-packet giveaways to drive mass-market adoption of its artificial intelligence, committing 3 billion yuan (US$432 million) to spur spending across its ecosystem as it seeks to extend its edge in foundational models to consumer-facing products. The Hangzhou-based e-commerce and AI giant said on Monday that its AI app Qwen would anchor a Spring Festival campaign across its flagship shopping platform Taobao, on-demand retail and food-delivery service Shangou, online travel agency Fliggy, ticketing platform Damai, mapping service Amap and grocery chain Freshippo. Incentives would include lottery-style free orders and cash in red packets. Rather than a conventional chatbot, the Qwen app functions as a personal agent, leveraging Alibaba’s ecosystem to carry out actions directly for users. Alibaba said the campaign was designed to “invite users to experience a new lifestyle in the AI era” and would officially launch on February 6. Alibaba owns the South China Morning Post. Advertisement The move follows aggressive campaigns by competitors Tencent and Baidu, which had rolled out cash incentives of 10 billion yuan and 5 billion yuan, respectively, to promote their consumer-facing AI apps, with the Spring Festival long regarded as China’s most high-stakes marketing battleground. The Spring Festival is long regarded as China’s most high-stakes marketing battleground. Photo: Getty Images ByteDance, owner of Douyin and TikTok, moved even earlier, securing what it described as an “exclusive AI cloud partnership” with national broadcaster China Central Television’s Spring Festival Gala, mainland China’s most-watched television broadcast, set for February 16.
A prediction for AbbVie in 2031: The drugmaker will be bigger and kinglier. In some ways, AbbVie (ABBV +1.17%) isn't the same company it was five years ago. Sure, it's still in the biopharmaceuticals business. However, AbbVie has a new CEO. More importantly, it no longer depends on Humira for roughly 37% of total revenue. Today, AbbVie can see its Humira patent cliff in the rearview mirror. But wh...
A prediction for AbbVie in 2031: The drugmaker will be bigger and kinglier. In some ways, AbbVie (ABBV +1.17%) isn't the same company it was five years ago. Sure, it's still in the biopharmaceuticals business. However, AbbVie has a new CEO. More importantly, it no longer depends on Humira for roughly 37% of total revenue. Today, AbbVie can see its Humira patent cliff in the rearview mirror. But what does the view look like through the front windshield? Where will AbbVie be in five years? A $32 billion (or more) power couple Although predicting the future is usually fraught with uncertainty, I think we can safely say that Skyrizi and Rinvoq will be the most important products for AbbVie in 2031. These two autoimmune disease drugs are already the most important members of the company's lineup. During the first nine months of 2025, Skyrizi and Rinvoq generated combined sales of roughly $15 billion. This amount is nearly 45% of AbbVie's total revenue during the period. And sales for both drugs continue to soar. The big biotech company reported an impressive 47% year-over-year sales increase for Skyrizi in Q3, with Rinvoq's sales rising 35%. Skyrizi is approaching the sales levels Humira achieved in its heyday. AbbVie's latest guidance projects full-year 2025 sales for the drug of $17.3 billion. The future should be even brighter. Analysts expect Skyrizi and Rinvoq will rake in at least $32 billion by 2030. This immunology power couple should anchor AbbVie financially even more five years from now than today. Expand NYSE : ABBV AbbVie Today's Change ( 1.17 %) $ 2.58 Current Price $ 223.01 Key Data Points Market Cap $394B Day's Range $ 219.56 - $ 224.02 52wk Range $ 164.39 - $ 244.81 Volume 128 Avg Vol 6.3M Gross Margin 69.68 % Dividend Yield 2.98 % More potential blockbusters and rising stars Skyrizi and Rinvoq aren't the only big winners in AbbVie's lineup, though. Sales for migraine therapies Qulipta and Ubrelvy continue to grow robustly. The company's Botox franchise ...
The NFL's 2025 season has provided the most wide-open race for the Super Bowl in years. Now just the New England Patriots and the Seattle Seahawks remain and they will meet on Sunday to decide the NFL champions. It is a title New England have held six times but this is their first Super Bowl since 2019 and the departure of legendary quarterback Tom Brady and coach Bill Belichick. A revitalised Pat...
The NFL's 2025 season has provided the most wide-open race for the Super Bowl in years. Now just the New England Patriots and the Seattle Seahawks remain and they will meet on Sunday to decide the NFL champions. It is a title New England have held six times but this is their first Super Bowl since 2019 and the departure of legendary quarterback Tom Brady and coach Bill Belichick. A revitalised Patriots team have come from nowhere to reach Super Bowl 60 in California and secure a record-extending 12th appearance in the NFL showpiece. The Seahawks have reached their fourth Super Bowl, and their first since 2015, when the Patriots denied them back-to-back championships. Now a Briton could become the first overseas coach to win arguably the biggest game in world sport having helped turn Seattle back into title contenders. There will also be a historic half-time show from a Latin superstar amid concerns over how US immigration agents handle an event which for each of the past three years has been the most-watched broadcast in American television history.