Key Points Archer Aviation is advancing toward FAA certification of its electric vertical take-off and landing (eVTOL) aircraft. The company is the first eVTOL developer to complete Phase 3 of the certification process. Archer will also begin limited early flights under the White House's eVTOL Integration Pilot Program. 10 stocks we like better than Archer Aviation › Flying cars are one step close...
Key Points Archer Aviation is advancing toward FAA certification of its electric vertical take-off and landing (eVTOL) aircraft. The company is the first eVTOL developer to complete Phase 3 of the certification process. Archer will also begin limited early flights under the White House's eVTOL Integration Pilot Program. 10 stocks we like better than Archer Aviation › Flying cars are one step closer to reality, and Archer Aviation (NYSE: ACHR) is one company leading the charge. The company has made significant progress toward obtaining certification from the Federal Aviation Administration (FAA) -- a crucial step in making urban air travel a reality. But does the recent breakthrough make Archer Aviation stock a buy today? Let's dive into the business and what's next to find out. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Archer Aviation is now three-quarters of the way through its certification process Electric vertical take-off and landing (eVTOL) aircraft, also known as flying taxis, can take off vertically and fly like airplanes while operating with much less noise than helicopters. These features are enabled by modern battery technology and could change transportation as we know it. However, getting eVTOL aircraft operationally ready for commercial use is a whole other thing. A big part of this process is obtaining FAA certification that an aircraft meets all requirements and is safe to fly. The certification Archer is seeking is called Type Certification, which comprises four phases of approval. Earlier this month, Archer made headlines as the first eVTOL manufacturer to close out the third phase of the four-part process. With this, the FAA has agreed to all Means of Compliance (MoC) and specific test plans developed by Archer. This includes how Archer intends to demonstrate that its mult...
A highly recognizable brand trading at 7 times forward earnings is rare. For Crocs (CROX +1.39%), that valuation is tied directly to the struggles of its HeyDude brand. The segment's revenue fell 12% in the first quarter, continuing a trend that forced the company to take a $737 million impairment charge last year. With HeyDude accounting for 18% of total revenue, the market's focus is understanda...
A highly recognizable brand trading at 7 times forward earnings is rare. For Crocs (CROX +1.39%), that valuation is tied directly to the struggles of its HeyDude brand. The segment's revenue fell 12% in the first quarter, continuing a trend that forced the company to take a $737 million impairment charge last year. With HeyDude accounting for 18% of total revenue, the market's focus is understandable. The shoe brand's wholesale channel has been a disaster, and its gross margins trail Crocs by 15 percentage points. That said, the iconic Crocs brand, which accounts for more than 80% of revenue, generates plenty of free cash flow. More importantly, the quality of its revenue is improving as sales shift toward more profitable channels. Direct sales drive growth While wholesale revenue for the Crocs segment declined in the first quarter, direct-to-consumer (DTC) sales grew 13%. This shift toward company-owned websites and retail stores drives higher margins per sale and a more direct connection to its customers. The brand's geographic mix is also improving. International revenue grew to 55% of segment sales in the first quarter, up from 51.5% year over year. Growth in markets like China and India is offsetting concerns about saturation in North America and presents a growing market opportunity. Meanwhile, HeyDude's wholesale channel collapsed in the first quarter, with sales falling 25% as the company works to clean up excess inventory with its retail partners. The brand's 44.5% gross margin trails the core brand by a wide margin and is a significant drag on consolidated results. An attractive entry point Management expects HeyDude to stabilize and return to growth in the second half of the year as it laps the inventory cleanup. The risk is that the brand's problems are more than just a temporary issue, and its decline continues to weigh on the overall business. If it stabilizes, however, the drag on consolidated margins and growth should lessen, allowing the core busine...
n-s-d/iStock via Getty Images At a glance Performance The Fund returned 0.26% and the Bloomberg U.S. Mortgage Backed Securities (MBS) Index returned 0.40%. Contributors/detractors The overweight allocation and security selection in agency MBS detracted, as did yield-curve positioning. Allocations to collateralized mortgage obligations (CMOs) and technology contributed, along with carry. Outlook In...
n-s-d/iStock via Getty Images At a glance Performance The Fund returned 0.26% and the Bloomberg U.S. Mortgage Backed Securities (MBS) Index returned 0.40%. Contributors/detractors The overweight allocation and security selection in agency MBS detracted, as did yield-curve positioning. Allocations to collateralized mortgage obligations (CMOs) and technology contributed, along with carry. Outlook In our view, a combination of positive inflows, government-sponsored enterprise (GSE) demand, limited credit risk, and falling interest-rate volatility supports a positive outlook for MBS. Portfolio management John Kerschner, CFA Nick Childs, CFA Thomas Polus, CFA Investment environment The U.S. MBS market posted a positive return, unlike corporate bonds and U.S. Treasuries, which fell after war in Iran sent oil prices sharply higher, muddying the outlook for inflation and global monetary policy. The Federal Reserve (Fed) kept the fed funds rate unchanged at 3.50% to 3.75%, while noting the “uncertain” implications of the Middle East conflict. Having previously discounted two or three more cuts in 2026, futures markets now are anticipating no change in Fed policy. The yield curve flattened out meaningfully as 2-year Treasury yields rose more than 10-year yields and markets repriced rate-cut expectations. U.S. employment data was mostly soft, with job creation in 2025 revised sharply down and nonfarm payrolls falling in February. A strong bounce-back in job creation and a drop in the unemployment rate followed in March, indicating that the labor market continues to tread water. Inflation readings were steady, with the consumer price index (CPI) coming in at 2.4% year-on-year in February. Spreads on agency MBS ended two basis points (BPs) wider, at 24 bps. The rate on a 30-year conventional mortgage ended the quarter at 6.47%, having fallen during the period to 6.00% – its lowest since August 2022. Portfolio review The MBS market outperformed U.S. Treasuries during a challengin...
West Ham were always up against it going in Sunday's final game against Leeds in which they needed to win and hope Everton won at Tottenham if they were to stay up. Consequently there was an air of acceptance of their fate among the fans in the hours before kick-off, as they instead opted to enjoy the blistering heat rather than mull over a campaign of disappointment. But the frustrations came aft...
West Ham were always up against it going in Sunday's final game against Leeds in which they needed to win and hope Everton won at Tottenham if they were to stay up. Consequently there was an air of acceptance of their fate among the fans in the hours before kick-off, as they instead opted to enjoy the blistering heat rather than mull over a campaign of disappointment. But the frustrations came after West Ham took the lead against Leeds midway through the second half, as fans directed angry chants towards chairman Sullivan, who many blame for West Ham's current plight. In terms of where West Ham find themselves now, though, he can call on positive experiences when it comes to plotting an immediate top-flight return. He did it twice during his time at Birmingham, in 2007 and 2009, and again with West Ham in 2012. On the first two occasions, at St Andrew's, Sullivan was rewarded for sticking with the managers who presided over relegation - Steve Bruce and Alex McLeish. At West Ham, he brought in Sam Allardyce, who guided the club back to the Premier League via the play-offs. This is a different West Ham, though. Sullivan no longer has his long-time business partner David Gold, who died in January 2023. Gold's daughter Vanessa owns 25.1% of the club, US businessman Tripp Smith has an 8% stake, while Royal Mail owner Daniel Kretinsky is in the process of matching Sullivan's 38.8% by buying some of Gold's. Sullivan's long-time and trusted vice-chair Karren Brady quit in April. Karim Virani has taken over as chief executive. There are financial concerns. West Ham recorded a loss of £104m in their latest accounts to 31 May 2025 and are heading for another hefty loss this year, according to sources. This is a problem, but not as big a problem now the English Football League has announced the implementation of Squad Cost Rules for the 2026-27 season. The finer details are still to be published, but essentially clubs will be allowed to spend 85% of their income – and West Ham'...
This brings us to the move they did get right, which was to persuade Roberto de Zerbi to arrive in an emergency act before the end of the season, rather than wait to see what division Spurs were in before making a commitment. De Zerbi, by his own admission, has had to be as much a psychologist as coach to coax Spurs to survival. He has done so and deserves credit, with away wins at Wolverhampton W...
This brings us to the move they did get right, which was to persuade Roberto de Zerbi to arrive in an emergency act before the end of the season, rather than wait to see what division Spurs were in before making a commitment. De Zerbi, by his own admission, has had to be as much a psychologist as coach to coax Spurs to survival. He has done so and deserves credit, with away wins at Wolverhampton Wanderers and Aston Villa, plus this tension-riddled win against Everton, enough to get them over the line. This celebratory end to a season was also watched by Vivienne Lewis, representing the family who own Spurs, along with her son-in-law Nick Beucher, a key contact with the London-based management. Non-executive chairman Peter Charrington and chief operating and finance officer Matthew Collecott were also in attendance, presumably poised to work out how and why Spurs have found themselves in such reduced circumstances and how it can be avoided next season. At least they were spared the pain of seeing Spurs relegated on the day when north London arch-rivals Arsenal were lifting the trophy after their first Premier League title in 22 years. Arsenal's party was taking place across the capital at Crystal Palace. For now, thanks to De Zerbi's inspiration and the failings of other clubs, Spurs are spared a day of reckoning. Not for long, however, because the temporary elation of fans will soon turn to anger. How can a club that plays in such a magnificent stadium, has such passionate support and received around £74m by qualifying for the Champions League via that Europa League triumph, end up on the brink of the Championship? Answer – bad decisions on and off the pitch. Poor appointments. Players playing poorly. At times this season, Spurs have resembled an unmotivated rabble – which is why the frantic pumping of fists and wild celebrations also felt uncomfortable and, yes, embarrassing. The work must start now, but at least they will have De Zerbi to lead. The Italian at leas...
Key Points Oil demand growth is slowing, but supply constraints remain severe. Chevron maintains one of the energy sector’s strongest balance sheets. LNG demand growth could support TotalEnergies for years to come. 10 stocks we like better than TotalEnergies Se › Global oil demand growth is slowing. The International Energy Agency has projected that global oil demand growth will decelerate as elec...
Key Points Oil demand growth is slowing, but supply constraints remain severe. Chevron maintains one of the energy sector’s strongest balance sheets. LNG demand growth could support TotalEnergies for years to come. 10 stocks we like better than TotalEnergies Se › Global oil demand growth is slowing. The International Energy Agency has projected that global oil demand growth will decelerate as electric vehicle adoption rises, fuel efficiency improves, China's economy slows, and elevated oil prices tied to the Iran conflict trigger demand destruction across parts of the global economy. Yet despite those concerns, oil prices have remained above $90 per barrel amid geopolitical instability, underinvestment in supply, and persistent refinery constraints. That creates an unusual opportunity for oil stock investors. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Two stocks to play the paradox Oil companies are generating enormous cash flow, but some investors remain skeptical about the sector's long-term future. The result is that several large energy companies still trade at surprisingly modest valuations despite strong shareholder returns. That is particularly true for integrated oil majors such as Chevron (NYSE: CVX) and TotalEnergies (NYSE: TTE). Chevron continues to generate massive free cash flow at elevated oil prices while maintaining one of the industry's strongest balance sheets. The company also expanded its long-term production profile through its Hess acquisition, giving Chevron additional exposure to Guyana, which is one of the world's fastest-growing low-cost oil developments. To be sure, Chevron is not solely dependent on rising oil prices. The company has spent years lowering production costs, expanding LNG exposure, and improving capital efficiency, which, combined, can help Chevron re...
If you're paying attention to the hottest companies of the artificial intelligence era, you're witnessing the resurgence of the memory chip market. The memory supercycle is led by all-stars Micron Technology (MU 1.23%) and Sandisk (SNDK 4.12%). Both companies are benefiting from the growing demand for memory in AI infrastructure. While they're doing things differently, both companies have sparked ...
If you're paying attention to the hottest companies of the artificial intelligence era, you're witnessing the resurgence of the memory chip market. The memory supercycle is led by all-stars Micron Technology (MU 1.23%) and Sandisk (SNDK 4.12%). Both companies are benefiting from the growing demand for memory in AI infrastructure. While they're doing things differently, both companies have sparked intense investor interest. So which one will win the AI boom? Expand NASDAQ : MU Micron Technology Today's Change ( -1.23 %) $ -9.34 Current Price $ 752.76 Key Data Points Market Cap $847B Day's Range $ 747.20 - $ 780.16 52wk Range $ 92.22 - $ 818.67 Volume 1.3M Avg Vol 45.4M Gross Margin 58.54 % Dividend Yield 0.07 % Micron is benefiting from the supercycle Micron has perhaps bucked the cyclical trend that plagued memory chipmakers for years. In its latest quarterly report, Micron reported revenue of $23.8 billion in second-quarter 2026, up from $8 billion in Q2 2025. Operating cash flow grew to $11.9 billion from $3.9 billion in the same time frame. These are truly astonishing results. Sanjay Mehrotra, the Chairman, President, and CEO of Micron, said that he expects third-quarter numbers to be record-setting once again. Shares of Micron have skyrocketed in the past 12 months, shooting up more than 600% as of May 20. The future looks bright for Micron as the AI revolution shows no signs of slowing just yet. Sandisk's explosive growth Sandisk's stock has, incredibly, surged by over 3,360% in the past 12 months. Sandisk spun off from Western Digital early in 2025 and has since exploded in growth. In the company's Q3 fiscal 2026 report, revenue shot up 97% to $5.95 billion. Expand NASDAQ : SNDK Sandisk Today's Change ( -4.12 %) $ -63.55 Current Price $ 1478.69 Key Data Points Market Cap $219B Day's Range $ 1473.52 - $ 1528.00 52wk Range $ 36.21 - $ 1600.00 Volume 9.7M Avg Vol 17.1M Gross Margin 56.04 % Sandisk expects fourth-quarter revenue to range from $7.75 billion to $8.2...
Nuno Espírito Santo apologised for West Ham’s relegation from the Premier League and refused to say whether he intends to continue as manager next season. With victory over Leeds on the final day not enough to lift West Ham out of the bottom three at Tottenham’s expense, Nuno was reluctant to discuss whether he will stay. The Portuguese is free to walk away from the three-year deal he signed in Se...
Nuno Espírito Santo apologised for West Ham’s relegation from the Premier League and refused to say whether he intends to continue as manager next season. With victory over Leeds on the final day not enough to lift West Ham out of the bottom three at Tottenham’s expense, Nuno was reluctant to discuss whether he will stay. The Portuguese is free to walk away from the three-year deal he signed in September while West Ham are free to part company with him without paying compensation. There are indications that West Ham want to keep Nuno but the former Nottingham Forest manager did not dispel doubts over whether he wants to manage in the Championship after his side’s relegation was confirmed on Sunday afternoon. “It’s not about me,” Nuno said. “We are in a tough place and West Ham has to go back in the Premier League. But now we have to go through this period of sadness, understanding the frustration and anger of the fans.” Asked when he plans to talk to West Ham’s board, Nuno said: “You keep insisting [to ask] me about that and my mind is not there, you understand? Today, tomorrow, if we have a press conference, next one, for sure we can speak about that. But today, it’s about understanding how tough it is.” West Ham posted losses of £104.2m last year and face losing the likes of Jarrod Bowen, Mateus Fernandes and Crysencio Summerville. “I understand and we have to be ready for many things that will be coming out in the press,” Nuno said. “About speculation, about all of us, our future. But today is not the day to think about that.” This is the first time since 2011 that a side have gone down with a tally of 39 points. Nuno led a revival after Christmas but could not do enough after replacing Graham Potter. “It’s the day to understand the moment of sadness of our fans, of ourselves, of the club,” Nuno said. “And apologise and thank them for all of the support they gave us through the season, the way we re-established a good relationship here with our fans, and respect ...
Pakorn Supajitsoontorn/iStock via Getty Images General Fund Information Ticker: WHYIX Portfolio managers: Dennis Derby; and Nicholas Venditti, CFA® Subadvisor: Allspring Global Investments, LLC Category: High yield muni Fund Strategy Uses both bottom-up credit research and top-down macroeconomic analysis Seeks to generate excess performance by actively managing the four key elements of total retur...
Pakorn Supajitsoontorn/iStock via Getty Images General Fund Information Ticker: WHYIX Portfolio managers: Dennis Derby; and Nicholas Venditti, CFA® Subadvisor: Allspring Global Investments, LLC Category: High yield muni Fund Strategy Uses both bottom-up credit research and top-down macroeconomic analysis Seeks to generate excess performance by actively managing the four key elements of total return: duration, yield-curve positioning, sector and credit-quality allocation, and security selection Uses a relative-value approach based on extensive credit analysis that seeks opportunities from changing market trends and pricing inefficiencies to generate excess returns AVERAGE ANNUAL TOTAL RETURNS (%) AS OF 3/31/2026* 3 MONTH YEAR TO DATE 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE FUND INCEPTION (1/31/13) High Yield Municipal Bond Fund-Inst 0.47 0.47 3.14 4.29 1.39 2.97 3.79 Bloomberg High Yield Municipal Bond Index 0.71 0.71 2.35 5.26 1.90 4.14 — Lipper High Yield Municipal Debt Funds Average 0.15 0.15 2.85 4.04 0.83 2.64 — Click to enlarge *Returns for periods less than one year are not annualized. Figures quoted represent past performance, which is no guarantee of future results, and do not reflect taxes a shareholder may pay on an investment in a fund. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Current month-end performance is available at the fund's website, allspringglobal.com. Institutional Class shares are sold without a front-end sales charge or contingent deferred sales charge. The fund's gross expense ratio is 0.70%. The fund's net expense ratio is 0.55%. The manager has contractually committed, through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's to...
Southern 100 Road Races Alan Oversby crashed during the 400cc race on the Billown Circuit on the approach to Ballakeighan, on the second lap of the race
Southern 100 Road Races Alan Oversby crashed during the 400cc race on the Billown Circuit on the approach to Ballakeighan, on the second lap of the race
The airline said the captain decided to divert "in line with safety regulations" after a passenger informed crew during the flight that the portable charger was in the hold of the aircraft. Many airlines have toughened rules on power banks, often requiring that they be stored in hand luggage because of the risk of lithium-ion batteries catching fire.
The airline said the captain decided to divert "in line with safety regulations" after a passenger informed crew during the flight that the portable charger was in the hold of the aircraft. Many airlines have toughened rules on power banks, often requiring that they be stored in hand luggage because of the risk of lithium-ion batteries catching fire.
"Vindictive": Obama-Appointed Judge Dismisses Tennessee Smuggling Charges Against Kilmar Abrego Garcia Authored by Kim Jarrett via The Center Square , A federal judge dismissed Tennessee charges against a man who, at one time, was at the center of the immigration debate. Abrego Garcia, who illegally entered the U.S. from El Salvador in 2011, faced federal charges of human smuggling and conspiracy ...
"Vindictive": Obama-Appointed Judge Dismisses Tennessee Smuggling Charges Against Kilmar Abrego Garcia Authored by Kim Jarrett via The Center Square , A federal judge dismissed Tennessee charges against a man who, at one time, was at the center of the immigration debate. Abrego Garcia, who illegally entered the U.S. from El Salvador in 2011, faced federal charges of human smuggling and conspiracy to commit human smuggling. The charges stemmed from a traffic stop by Tennessee Highway Patrol in December 2022, where Abrego Garcia was found transporting eight passengers across the country. One of the police officers believed that he was smuggling them, remarking that he was “hauling these people for money,” according to a video obtained by The Center Square through an open records request. He allegedly did not have a valid driver’s license and was suspected of trafficking the passengers, though he was let go at the FBI’s request. The car belonged to an illegal immigrant named Jose Ramon Hernandez-Reyes, who was sent to prison in 2020 for human smuggling. Obama-appointed U.S. District Judge Waverly D. Crenshaw called the charges “vindictive” because Abrego Garcia challenged his deportation to El Salvador . “The objective evidence here shows that, absent Abrego’s successful lawsuit challenging his removal to El Salvador, the Government would not have brought this prosecution,” Crenshaw wrote in his order. “The Executive Branch closed its investigation on the November 2022 traffic stop. Only after Abrego succeeded in vindicating his rights did the Executive Branch reopen that investigation.” The Trump administration deported Abrego Garcia to El Salvador in March 2025, according to previous reporting from The Center Square. Prior to that, Abrego Garcia was living in Maryland and had been arrested on suspicion of involvement in MS-13 in 2019, after immigrating illegally to the United States as a teenager with his parents around 2011. Officials prepared to deport Abrego Garci...
Congolese authorities say that suspected Ebola cases have now passed 900 in the ongoing outbreak in the east of the country. The Congolese ministry of communication, in a post on X on Sunday, said there were 904 suspected cases and 119 suspected deaths. Authorities had previously announced more than 700 suspected Ebola cases, and more than 170 suspected deaths, mostly in Ituri province, where the ...
Congolese authorities say that suspected Ebola cases have now passed 900 in the ongoing outbreak in the east of the country. The Congolese ministry of communication, in a post on X on Sunday, said there were 904 suspected cases and 119 suspected deaths. Authorities had previously announced more than 700 suspected Ebola cases, and more than 170 suspected deaths, mostly in Ituri province, where the outbreak is centred. The World Health Organization has said the outbreak now poses a “very high” risk for the Democratic Republic of Congo, but that the risk of the disease spreading globally remains low. Health authorities in the country are facing serious challenges as they try to stem the outbreak, which has been declared a global health emergency. There have been arson attacks on Ebola treatment centres in the country’s east – two centres in two towns were hit last week, exposing the anger in a region beset by violence linked to armed rebel groups, the displacement of a large number of people, the failure of local government and international aid cuts that experts say have stripped health facilities in vulnerable communities. View image in fullscreen Health workers take part in the funeral of Ebola victims in Butembo, North Kivu province. Photograph: Hugh Kinsella Cunningham/EPA Colin Thomas-Jensen, director of impact at the Aurora Humanitarian Initiative, said the attacks may reflect the “built-in skepticism and anger” of people in eastern Congo over how the region has been treated, with years of violence from foreign-linked rebel groups and a failure of their government and international peacekeepers to protect them. Another source of anger has been the strict protocols around the burial of suspected victims of Ebola, which authorities are taking charge of wherever they can to prevent further spread of the disease during traditional burials – where families prepare the bodies and people gather for a funeral. The first burning of an Ebola centre in Rwampara was by a gr...
Flying cars are one step closer to reality, and Archer Aviation (ACHR +3.68%) is one company leading the charge. The company has made significant progress toward obtaining certification from the Federal Aviation Administration (FAA) -- a crucial step in making urban air travel a reality. But does the recent breakthrough make Archer Aviation stock a buy today? Let's dive into the business and what'...
Flying cars are one step closer to reality, and Archer Aviation (ACHR +3.68%) is one company leading the charge. The company has made significant progress toward obtaining certification from the Federal Aviation Administration (FAA) -- a crucial step in making urban air travel a reality. But does the recent breakthrough make Archer Aviation stock a buy today? Let's dive into the business and what's next to find out. Archer Aviation is now three-quarters of the way through its certification process Electric vertical take-off and landing (eVTOL) aircraft, also known as flying taxis, can take off vertically and fly like airplanes while operating with much less noise than helicopters. These features are enabled by modern battery technology and could change transportation as we know it. However, getting eVTOL aircraft operationally ready for commercial use is a whole other thing. A big part of this process is obtaining FAA certification that an aircraft meets all requirements and is safe to fly. The certification Archer is seeking is called Type Certification, which comprises four phases of approval. Earlier this month, Archer made headlines as the first eVTOL manufacturer to close out the third phase of the four-part process. With this, the FAA has agreed to all Means of Compliance (MoC) and specific test plans developed by Archer. This includes how Archer intends to demonstrate that its multi-engine redundancy, fly-by-wire flight control software, and lithium-ion thermal runaway mitigations meet safety thresholds. Completing this phase is a big step forward for Archer and could provide it with a first-mover advantage over fellow eVTOL developer Joby Aviation. As one of the more advanced eVTOL manufacturers, Archer has been selected by the White House's eVTOL Integration Pilot Program (eIPP). This program enables eVTOL operators to work with state and local governments to test real-world operations, jump-starting this new form of transportation and speeding through the ...
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Taiwan’s Special Representative to US Amb. Alexander Yui, Axios Congressional Reporter Andrew Solender, Google Data Editor Simon Rogers and Congressional Black Caucus Member Rep. Glenn Ivey. (Source:...
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Taiwan’s Special Representative to US Amb. Alexander Yui, Axios Congressional Reporter Andrew Solender, Google Data Editor Simon Rogers and Congressional Black Caucus Member Rep. Glenn Ivey. (Source: Bloomberg)
Dmitri Toms/iStock via Getty Images A supertanker loaded with Iraqi crude bound for China has exited the Persian Gulf and entered the Arabian Sea, marking one of the clearest signs yet that commercial shipping may slowly resume as the U.S. and Iran edge toward a possible agreement to reopen the Strait of Hormuz, Bloomberg News reported Sunday. The very large crude carrier Eagle Verona departed the...
Dmitri Toms/iStock via Getty Images A supertanker loaded with Iraqi crude bound for China has exited the Persian Gulf and entered the Arabian Sea, marking one of the clearest signs yet that commercial shipping may slowly resume as the U.S. and Iran edge toward a possible agreement to reopen the Strait of Hormuz, Bloomberg News reported Sunday. The very large crude carrier Eagle Verona departed the Gulf of Oman carrying roughly 2 million barrels of Iraqi oil and is headed to the Chinese port of Ningbo, according to vessel-tracking data compiled by Bloomberg. The tanker had loaded at Iraq’s Basra Oil Terminal on Feb. 28, shortly after the conflict between Iran, the U.S. and Israel disrupted shipping across the region. Oil traders and shipping companies are closely monitoring tanker movements after traffic through the Strait of Hormuz largely stalled following Iran’s effective closure of the waterway earlier this year. The narrow passage handles a significant share of global oil and liquefied natural gas exports, making it one of the world’s most strategically important maritime chokepoints. Diplomatic efforts to end the conflict appear to be gaining momentum. Senior U.S. officials said Washington and Tehran are moving closer to an agreement that could reopen the strait, although uncertainty remains. President Donald Trump said a peace arrangement had been “largely negotiated,” while Iran’s Fars news agency pushed back on that characterization, calling it premature. The Eagle Verona’s voyage follows the recent departure of the LNG carrier Al Hamra, which transported the first Persian Gulf liquefied natural gas shipment to India since the war began. Iranian media reported that 33 commercial vessels, including oil tankers and container ships, transited the Strait of Hormuz over the past day after receiving authorization from the Islamic Revolutionary Guard Corps Navy. At the same time, U.S. Central Command said American naval forces had redirected roughly 100 commercial ...
Artificial intelligence (AI) investing has been a major market trend over the past three and a half years, but many investors who haven't taken full advantage of the trend may be worried that they have missed their opportunity. However, I don't think it's too late. There are countless AI companies that are primed for even more upside. The reality is the AI race is far from over, and several stocks...
Artificial intelligence (AI) investing has been a major market trend over the past three and a half years, but many investors who haven't taken full advantage of the trend may be worried that they have missed their opportunity. However, I don't think it's too late. There are countless AI companies that are primed for even more upside. The reality is the AI race is far from over, and several stocks in the sector look like top buys right now. Nvidia Nvidia (NVDA 1.86%) has been a market leader since 2023, when this phase of the AI megatrend began to take off. It's the No. 1 provider of parallel processing power for data centers, and it will retain that title until someone takes it from it. Despite its now-monstrous size, it keeps putting up jaw-dropping growth; the average Wall Street analyst projects 73% revenue growth this year. Analysts have historically underestimated how fast Nvidia would grow, but they still project a 33% growth rate next year. However, that consensus estimate will likely rise. Expand NASDAQ : NVDA Nvidia Today's Change ( -1.86 %) $ -4.09 Current Price $ 215.42 Key Data Points Market Cap $5.2T Day's Range $ 214.84 - $ 221.07 52wk Range $ 132.92 - $ 236.54 Volume 5.8M Avg Vol 171.3M Gross Margin 74.15 % Dividend Yield 0.02 % This follows a pattern that Nvidia has already told investors about. By 2030, the company believes global annual data center capital expenditures will total $3 trillion to $4 trillion. That's a huge amount of spending, and would require many companies to ramp up their capital expenditures for several years. Investors are already expecting record expenditures on AI infrastructure in 2026, and 2027 will likely bring more of the same. One of Nvidia's biggest clients, Alphabet, has already informed investors that 2027's capital expenditures will be "substantially higher" than 2026's. The signs all point to Nvidia's growth streak extending for many more years, making it an excellent stock to buy and hold. Meta Platforms Meta Platf...
Key Points Nvidia will continue to be a prime beneficiary of increased AI spending. Meta Platforms has a few potentially game-changing products in its pipeline. Micron is taking full advantage of the memory chip shortage. 10 stocks we like better than Nvidia › Artificial intelligence (AI) investing has been a major market trend over the past three and a half years, but many investors who haven't t...
Key Points Nvidia will continue to be a prime beneficiary of increased AI spending. Meta Platforms has a few potentially game-changing products in its pipeline. Micron is taking full advantage of the memory chip shortage. 10 stocks we like better than Nvidia › Artificial intelligence (AI) investing has been a major market trend over the past three and a half years, but many investors who haven't taken full advantage of the trend may be worried that they have missed their opportunity. However, I don't think it's too late. There are countless AI companies that are primed for even more upside. The reality is the AI race is far from over, and several stocks in the sector look like top buys right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Nvidia Nvidia (NASDAQ: NVDA) has been a market leader since 2023, when this phase of the AI megatrend began to take off. It's the No. 1 provider of parallel processing power for data centers, and it will retain that title until someone takes it from it. Despite its now-monstrous size, it keeps putting up jaw-dropping growth; the average Wall Street analyst projects 73% revenue growth this year. Analysts have historically underestimated how fast Nvidia would grow, but they still project a 33% growth rate next year. However, that consensus estimate will likely rise. This follows a pattern that Nvidia has already told investors about. By 2030, the company believes global annual data center capital expenditures will total $3 trillion to $4 trillion. That's a huge amount of spending, and would require many companies to ramp up their capital expenditures for several years. Investors are already expecting record expenditures on AI infrastructure in 2026, and 2027 will likely bring more of the same. One of Nvidia's biggest clients, Alphabet, has already informed inv...