State department warns of ‘ideological conditioning’ in message of condolence to family of murdered student The US state department has criticised “two-tiered policing” in Britain in a message of condolence to the family of the murder victim Henry Nowak in a thinly veiled rebuke of the UK government. The 18-year-old student’s murder has been claimed by some as evidence of two-tier policing in the ...
State department warns of ‘ideological conditioning’ in message of condolence to family of murdered student The US state department has criticised “two-tiered policing” in Britain in a message of condolence to the family of the murder victim Henry Nowak in a thinly veiled rebuke of the UK government. The 18-year-old student’s murder has been claimed by some as evidence of two-tier policing in the UK – the argument that some groups of people are dealt with more harshly than others for ideological reasons. Continue reading...
pepifoto United Microelectronics ( UMC ) reported strong sales for May 2026 , reaching NT$22.94B thousand, a 17.78% increase from NT$19.48B in May 2025, due to high demand in the semiconductor foundry sector. O n a sequential basis, May revenues also marked a steady 1.23% M/M increase from the NT$22.66B generated in April 2026 . C umulative performance for the first five months of the year echoed ...
pepifoto United Microelectronics ( UMC ) reported strong sales for May 2026 , reaching NT$22.94B thousand, a 17.78% increase from NT$19.48B in May 2025, due to high demand in the semiconductor foundry sector. O n a sequential basis, May revenues also marked a steady 1.23% M/M increase from the NT$22.66B generated in April 2026 . C umulative performance for the first five months of the year echoed this upward trajectory; UMC's year-to-date consolidated net sales from January through May 2026 totaled NT$106.65B , climbing 9.05% Y/Y from NT$97.79B in the corresponding period last year. More on United Microelectronics United Microelectronics: The Market Is No Longer Pricing It As A Sleepy Mature-Node Foundry United Microelectronics Corporation 2026 Q1 - Results - Earnings Call Presentation United Microelectronics Corporation (UMC) Q1 2026 Earnings Call Transcript Foreign IT's strongest Quant picks are almost all semiconductors United Microelectronics beats Q1 street views
Algebris Investments is buying default protection on Turkish bonds, as it sees a higher probability of a credit event with the Iran war increasing strains on the economy. Turkey‘s economic situation is increasingly fragile, driven by a worsening current account deficit, rising energy prices, and low foreign reserves that raise the risk of dollarization, said Gabriele Foà , who manages €3.7 billion...
Algebris Investments is buying default protection on Turkish bonds, as it sees a higher probability of a credit event with the Iran war increasing strains on the economy. Turkey‘s economic situation is increasingly fragile, driven by a worsening current account deficit, rising energy prices, and low foreign reserves that raise the risk of dollarization, said Gabriele Foà , who manages €3.7 billion ($4.3 billion) for Algebris from Milan. “In credit and in fixed income in general, the value is extremely limited; you are not adequately compensated for what could happen in the next couple of years,” he said. “We believe it is time to sell Turkey rather than buy.” The former Bank of America emerging markets strategist is co-manager of the Algebris Global Credit Opportunities Fund , whose returns have outpaced 98% of its peers over the past five years. Plenty of other investors are turning bearish on Turkish debt too: There’s been an almost 40% decrease in the value of foreign holdings of the local-currency securities since before the start of the Iran war in late February, according to central bank data . Turkish lira bonds have handed investors a 3.2% loss this year against a 1.1% gain for emerging markets as a whole, while sovereign debt in dollars had a 0.3% loss against an average gain of 1.5% for developing country debt, according to data compiled by Bloomberg. Turkey’s gross foreign-exchange reserves have fallen by one third this year to $53 billion on May 29, their lowest since June 2021, according to central bank data . ‘Extremely Asymmetric’ While there is little indication of stress in the credit market so far, current yields don’t adequately compensate investors for the potential risks, said Foà. Credit default swaps are an “extremely asymmetric” trade, Foà said. Turkish CDS are trading at 250 basis points now and can jump to 350, 450 or even 550 as default risk rises, he said. With reserves where they are now, CDS can’t drop to 150, he said. “Seeing a default...
Luca Sage/DigitalVision via Getty Images Peloton Interactive ( PTON ) has acquired Skōp, a Pilates-focused startup, as the fitness company looks to broaden its wellness offerings and attract new users as part of its ongoing turnaround strategy. This strategic acquisition will serve as a “central plank” in the expansion of Peloton's strength-training ecosystem, where the company continues to invest...
Luca Sage/DigitalVision via Getty Images Peloton Interactive ( PTON ) has acquired Skōp, a Pilates-focused startup, as the fitness company looks to broaden its wellness offerings and attract new users as part of its ongoing turnaround strategy. This strategic acquisition will serve as a “central plank” in the expansion of Peloton's strength-training ecosystem, where the company continues to invest in both R&D and instructor talent. "Pilates is a category ripe for the same kind of experiential reinvention we brought to cardio," CEO Peter Stern said , adding that “Skōp adds differentiated technology and specialized knowledge to our R&D team so we can continue to empower people to live fit, strong, long and happy.” The acquisition comes as demand for Pilates continues to grow. Peloton said engagement with its existing Pilates content rose 48% year over year in the third quarter, while industry data identified Pilates as the fastest-growing fitness category in the U.S. Peloton has been exploring new product categories to drive membership growth and deepen engagement. The company has also signaled plans to place greater emphasis on its treadmill business, including the potential introduction of lower-priced models. The addition of Skōp could help Peloton enhance its Pilates offering with new features, including technology designed to track users' form and movement during workouts. More on Peloton Peloton Interactive, Inc. (PTON) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript Peloton: Compelling Return To Growth Peloton Interactive, Inc. 2026 Q3 - Results - Earnings Call Presentation These low-priced stocks are flashing overbought signals S&P SmallCap 600 to add Peloton, Universal Technical