There is an 80 per cent chance of the warming El Nino phenomenon developing between June and August, increasing the risk of extreme weather events, the World Meteorological Organization said on Tuesday. “Fuelled by unusually warm ocean waters in the tropical Pacific, El Nino conditions are developing and are set to influence global temperature and rainfall patterns,” the United Nations’ WMO weathe...
There is an 80 per cent chance of the warming El Nino phenomenon developing between June and August, increasing the risk of extreme weather events, the World Meteorological Organization said on Tuesday. “Fuelled by unusually warm ocean waters in the tropical Pacific, El Nino conditions are developing and are set to influence global temperature and rainfall patterns,” the United Nations’ WMO weather and climate agency said. Forecasts from the WMO global network “indicate a pronounced shift...
At midday, the S&P 500 (SNPINDEX:^GSPC) had risen 0.20% to 7,615.12, and the Nasdaq Composite (NASDAQINDEX:^IXIC) added 0.20% to 27,140.75. The Dow Jones Industrial Average (DJINDICES:^DJI) gained 0.23% to 51,194.70 as AI strength offset Middle East uncertainty. Marvell Technology surged almost 30% this morning after Nvidia CEO Jensen Huang called it the “next trillion-dollar company.” Alphabet sl...
At midday, the S&P 500 (SNPINDEX:^GSPC) had risen 0.20% to 7,615.12, and the Nasdaq Composite (NASDAQINDEX:^IXIC) added 0.20% to 27,140.75. The Dow Jones Industrial Average (DJINDICES:^DJI) gained 0.23% to 51,194.70 as AI strength offset Middle East uncertainty. Marvell Technology surged almost 30% this morning after Nvidia CEO Jensen Huang called it the “next trillion-dollar company.” Alphabet slid on an $80 billion stock-sale plan. Hewlett Packard Enterprise soared following strong earnings and a full-year guidance raise. Shopify slipped, ending its recent winning streak. Major U.S. indexes pushed upwards this morning with tech gains again tempered by tensions in the Middle East and continued oil supply disruptions. As the S&P 500 continues its record-breaking rally, there’s growing investor caution around stretched positions, artificial intelligence (AI) spending and overvaluations. Continue reading
Google Launches Google AI Center Berlin Getty Images This week has been one of big news for Alphabet ( GOOG , GOOGL ), better known as Google. The company recently announced that it was planning an $80 billion funding round intended to raise capital for AI development, one that would include a $10 billion investment from Berkshire Hathaway ( BRK.B ) at about $350 per share. Google investors reacte...
Google Launches Google AI Center Berlin Getty Images This week has been one of big news for Alphabet ( GOOG , GOOGL ), better known as Google. The company recently announced that it was planning an $80 billion funding round intended to raise capital for AI development, one that would include a $10 billion investment from Berkshire Hathaway ( BRK.B ) at about $350 per share. Google investors reacted poorly to the Berkshire Hathaway investment news, sending GOOGL sharply lower Tuesday morning. It's not surprising that investors would sell on this news, as they likely felt Berkshire was getting a deal at their expense. However, when we look at what Google is spending the raised money on, we can see that the spending is likely to be worth it. It’s not surprising that Google is choosing to sell stock right now. The company is in the midst of a massive AI buildout, and its stock is not far from all-time highs. It has both a big investment opportunity and a sharply rising stock price--this is a classic situation where selling equity makes sense. So, there is much good that Google and its shareholders are taking part in. Which raises the question of how much longer the party will continue. While Google is undeniably a great company with many more years of greatness ahead of it, its stock has reached a price that few investors would have expected it to early last year. Berkshire thinks that Google is worth investing in, but again, it's apparently getting a discount. Based purely on price momentum, I’d say that it would be unlikely for Google’s run to continue. Looking at the massive gains GOOGL has made over the last six months, one year, and five-year periods, you’d probably intuit that the stock was set for a correction. But when you look at the fundamentals, you see a completely different story. Google is very profitable, with high margins and returns on equity/capital. It is also growing extremely quickly for a company of its size, with earnings up 22% in the trailing 12...
Google Launches Google AI Center Berlin Getty Images This week has been one of big news for Alphabet ( GOOG , GOOGL ), better known as Google. The company recently announced that it was planning an $80 billion funding round intended to raise capital for AI development, one that would include a $10 billion investment from Berkshire Hathaway ( BRK.B ) at about $350 per share. Google investors reacte...
Google Launches Google AI Center Berlin Getty Images This week has been one of big news for Alphabet ( GOOG , GOOGL ), better known as Google. The company recently announced that it was planning an $80 billion funding round intended to raise capital for AI development, one that would include a $10 billion investment from Berkshire Hathaway ( BRK.B ) at about $350 per share. Google investors reacted poorly to the Berkshire Hathaway investment news, sending GOOGL sharply lower Tuesday morning. It's not surprising that investors would sell on this news, as they likely felt Berkshire was getting a deal at their expense. However, when we look at what Google is spending the raised money on, we can see that the spending is likely to be worth it. It’s not surprising that Google is choosing to sell stock right now. The company is in the midst of a massive AI buildout, and its stock is not far from all-time highs. It has both a big investment opportunity and a sharply rising stock price--this is a classic situation where selling equity makes sense. So, there is much good that Google and its shareholders are taking part in. Which raises the question of how much longer the party will continue. While Google is undeniably a great company with many more years of greatness ahead of it, its stock has reached a price that few investors would have expected it to early last year. Berkshire thinks that Google is worth investing in, but again, it's apparently getting a discount. Based purely on price momentum, I’d say that it would be unlikely for Google’s run to continue. Looking at the massive gains GOOGL has made over the last six months, one year, and five-year periods, you’d probably intuit that the stock was set for a correction. But when you look at the fundamentals, you see a completely different story. Google is very profitable, with high margins and returns on equity/capital. It is also growing extremely quickly for a company of its size, with earnings up 22% in the trailing 12...
Olga Serba/iStock via Getty Images We recently wrote an article on a Two Harbors ( TWO ) baby bond. We are back with another opportunity from TWO. If you’re interested in reading the previous article, you can find it here on Seeking Alpha . Preferred Share ( TWO.PR.C ) We want to invest in preferred shares that are going to give us a nice return. That can come from a combination of the dividend yi...
Olga Serba/iStock via Getty Images We recently wrote an article on a Two Harbors ( TWO ) baby bond. We are back with another opportunity from TWO. If you’re interested in reading the previous article, you can find it here on Seeking Alpha . Preferred Share ( TWO.PR.C ) We want to invest in preferred shares that are going to give us a nice return. That can come from a combination of the dividend yield and price appreciation. In this specific case, there is an acquisition offer by CrossCountry, which we discussed in our previous TWO article. In short, if the acquisition goes through, then the preferred shares should be redeemed at $25. This was established in the prospectus and repeated in the press releases. We can see that in the bullet points from Two Harbor’s latest announcement : “On March 27, 2026, TWO and CCM entered into a definitive merger agreement for CCM to acquire all outstanding shares of TWO common stock in an all-cash transaction. Through continued negotiations, the TWO Board secured two price increases from CCM—from $10.80 to $11.30 and then to $12.00 per share—representing a 21% premium to TWO’s unaffected share price and a 19% premium to TWO’s fully diluted tangible book value.1 TWO common stockholders will receive a pro-rated stub dividend for the quarter in which the transaction closes, providing additional cash value beyond the $12.00 per share merger consideration. Holders of TWO preferred stock will have their shares redeemed at $25.00 per share, plus accumulated and unpaid dividends. The CCM transaction is fully financed with no financing contingency—it is a fully committed, signed agreement. The CCM transaction is also well advanced toward closing. The parties received early termination of the HSR waiting period on May 21, 2026, and 41 of the 53 required state and agency regulatory approvals have been obtained.” Most Likely Scenario, Far From Certain We believe that the most likely scenario is that TWO will be acquired by CrossCountry. I am e...
Broadcom's fiscal Q2 earnings results are expected to highlight soaring AI chip demand and VMware-led software growth, while lower-margin XPUs pressure margins.
Broadcom's fiscal Q2 earnings results are expected to highlight soaring AI chip demand and VMware-led software growth, while lower-margin XPUs pressure margins.
Scott Melker discusses bitcoin plummeting below $70k, the US freezing $1 billion in Iranian crypto, and other big crypto headlines."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.
Scott Melker discusses bitcoin plummeting below $70k, the US freezing $1 billion in Iranian crypto, and other big crypto headlines."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.
Tie-up between blockbuster toy brands offers hi-tech play sets that will allow fans to ‘feel like the trainer’ Many Pokémon fans secretly fantasise about being a trainer and that dream has become a bit closer as hi-tech Lego bricks bring Pikachu to life for the first time. And that can only mean one thing – epic battles. The sets are the latest to feature the Danish toy company’s motion-sensitive ...
Tie-up between blockbuster toy brands offers hi-tech play sets that will allow fans to ‘feel like the trainer’ Many Pokémon fans secretly fantasise about being a trainer and that dream has become a bit closer as hi-tech Lego bricks bring Pikachu to life for the first time. And that can only mean one thing – epic battles. The sets are the latest to feature the Danish toy company’s motion-sensitive “smart” bricks that produce an array of sound effects and flashing lights when paired with different sets. Continue reading...