Tensions between the United States and its European NATO allies have become “more difficult to manage” according to the organization’s former chief Jens Stoltenberg. Relationships have frayed, even compared to the period when US President Donald Trump toyed with the idea of leaving the alliance after the 2024 election. “If anything it has moved in an even worse direction,” said Jens Stoltenberg in...
Tensions between the United States and its European NATO allies have become “more difficult to manage” according to the organization’s former chief Jens Stoltenberg. Relationships have frayed, even compared to the period when US President Donald Trump toyed with the idea of leaving the alliance after the 2024 election. “If anything it has moved in an even worse direction,” said Jens Stoltenberg in an interview with Bloomberg in Oslo. “I still believe that the task is to try to keep North America and Europe together but there are limits for what we should accept.” Stoltenberg, who has served twice as prime minister of Norway, led the North Atlantic Treaty Organization as its secretary general from 2014 to 2024, during a shifting security landscape which included Russia’s invasion of Ukraine. Trump has criticized NATO allies for not backing US efforts to reopen the Strait of Hormuz. European leaders have resisted supporting the US in its conflict with Iran which led Trump to slam the bloc a “paper tiger.” In recent weeks, Trump has made often contradictory statements in relation to withdrawing troops from Europe. Turkey said it expects the president to attend the NATO summit in Ankara in July , where members of the alliance will face pressure to make progress on ramping up defense spending, something that has been a longstanding demand by the US. What You Need to Know Today UniCredit’s €38.6 billion ($44.9 billion) offer to takeover Commerzbank has been accepted by enough investors to push the stake over 30% . Shares equivalent to 7.58% of the German lender’s capital had been tendered by June 2, according to a filing today. Italian UniCredit already owns a direct stake of 26.77%, meaning the additional shares will take the total holding to 34.35%. The bid, which has been open to investors since early May, runs through June 16. UniCredit won’t have ownership of the additional shares until the offer is over and it has received the relevant regulatory clearances. UniCred...
Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans. Ted Mortonson, Managing Director: Technology at Baird, discusses this offering, the historic AI infrastructure buildout, and the companies powering the current tech cycle. (Sou...
Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans. Ted Mortonson, Managing Director: Technology at Baird, discusses this offering, the historic AI infrastructure buildout, and the companies powering the current tech cycle. (Source: Bloomberg)
Akamai’s Guardicore Segmentation solution will be integrated into Nvidia’s Vera BlueField-4 STX storage architecture, which runs on Nvidia’s DOCA software platform.
Akamai’s Guardicore Segmentation solution will be integrated into Nvidia’s Vera BlueField-4 STX storage architecture, which runs on Nvidia’s DOCA software platform.
The question of whether PepsiCo (NASDAQ:PEP) can punch through to a new all-time high in 2026 is closer to a coin flip than the chart suggests. Shares trade at $144.19, sitting roughly 1% below the 52-week high of $169.96, but the stock has lost 7.15% over the last month. Our proprietary model frames that pullback ... Will Pepsi Stock Hit a New All Time High in 2026?
The question of whether PepsiCo (NASDAQ:PEP) can punch through to a new all-time high in 2026 is closer to a coin flip than the chart suggests. Shares trade at $144.19, sitting roughly 1% below the 52-week high of $169.96, but the stock has lost 7.15% over the last month. Our proprietary model frames that pullback ... Will Pepsi Stock Hit a New All Time High in 2026?
Gajus/iStock via Getty Images “When health is nurtured, wealth is earned, and prosperity is embraced, life becomes a symphony of joy and fulfillment.”― Henry Johnson Jr. Over the past ten years since I first began writing for Seeking Alpha, my investing strategy evolved from growth stocks to managing a portfolio that now holds mainly income investments. I like investing for passive income, especia...
Gajus/iStock via Getty Images “When health is nurtured, wealth is earned, and prosperity is embraced, life becomes a symphony of joy and fulfillment.”― Henry Johnson Jr. Over the past ten years since I first began writing for Seeking Alpha, my investing strategy evolved from growth stocks to managing a portfolio that now holds mainly income investments. I like investing for passive income, especially now that I am retired from a 42-year career in information technology. I call my approach my Income Compounder portfolio due to the strategy that I employ of buying stocks and funds “on sale” that offer steady, mostly monthly or even weekly distributions, and then reinvesting the majority of those distributions to grow my future income stream. For the fixed income side of my income portfolio, I desire solid funds with a reputation for paying out steady, monthly distributions that deliver high-yield income, many of which offer current yields of 12% or more. The PIMCO family of taxable CEFs (closed-end funds) are good candidates to consider with an excellent long-term track record of strong performance. However, in the last nine months all of the PIMCO CEFs have seen their premiums plummet . This has led some to believe that these funds must be a bad investment if investors no longer want to pay a premium to buy them. But long-term investors understand that PIMCO funds can withstand the ups and downs of market cycles. For example, PIMCO Dynamic Income Fund ( PDI ) has never cut the distribution since its inception in 2012, not even after the Covid pandemic meltdown in 2020 nor during the bear market of 2022. After the disastrous first quarter of 2026, with the sudden market correction in March that sent the market prices of PIMCO funds even lower, I found this table published in an April press release showing the fund performance through the end of Q1 2026. As you can see in the table, as of the end of March, just about every fund listed had significantly lower total retu...
CoreWeave (NASDAQ:CRWV) at $124.82 screens as a wait-and-see setup over the next 12 months, with a working reference value near $138.56. The stock has whipsawed since its 2025 IPO, with tension between a $99.4 billion backlog and $50.81 billion in liabilities driving the volatility. CoreWeave rents GPU-accelerated cloud capacity to AI model builders and enterprises. ... Buy, Hold, or Sell: Is Core...
CoreWeave (NASDAQ:CRWV) at $124.82 screens as a wait-and-see setup over the next 12 months, with a working reference value near $138.56. The stock has whipsawed since its 2025 IPO, with tension between a $99.4 billion backlog and $50.81 billion in liabilities driving the volatility. CoreWeave rents GPU-accelerated cloud capacity to AI model builders and enterprises. ... Buy, Hold, or Sell: Is CoreWeave a Multibagger in the Making, or an AI Infrastructure Debt Trap?
HJBC/iStock Editorial via Getty Images Seven U.S. states have sued the Trump administration and French company TotalEnergies ( TTE ) for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects, Reuters reported Tuesday. The lawsuit in D.C. federal court challenges a March decision by the U.S. Department of th...
HJBC/iStock Editorial via Getty Images Seven U.S. states have sued the Trump administration and French company TotalEnergies ( TTE ) for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects, Reuters reported Tuesday. The lawsuit in D.C. federal court challenges a March decision by the U.S. Department of the Interior to cancel a lease by TotalEnergies ( TTE ), reimburse $795M to the company, and extract a pledge from the company not to develop new offshore wind projects in the U.S. The Attentive Energy project would have generated enough power for 1.3M homes in New York and New Jersey, which said they both rely on offshore wind development to meet soaring energy needs and reduce greenhouse gas emissions. The suing states allege the Trump administration failed to follow proper administrative processes and misused a government fund reserved for legal settlements even though there was no litigation between the parties. In addition to New York and New Jersey, the suing states are Connecticut, Maine, Massachusetts, Rhode Island, and Vermont. More on TotalEnergies TotalEnergies Shareholder/Analyst Call Transcript TotalEnergies: Oil's War Premium Won't Last Forever (Downgrade) TotalEnergies: Nearing Or At A Cyclic Peak (Rating Downgrade)
aluxum/iStock via Getty Images Paramount Skydance ( PSKY ) has made a formal request for European regulators to approve its $110B acquisition of Warner Bros. Discovery ( WBD ), the final hurdle necessary for joining two of Hollywood’s “Big Five” movie studios. The European Commission has set a provisional deadline of July 7 for a decision. Under the EC’s new rules, merger candidates can make their...
aluxum/iStock via Getty Images Paramount Skydance ( PSKY ) has made a formal request for European regulators to approve its $110B acquisition of Warner Bros. Discovery ( WBD ), the final hurdle necessary for joining two of Hollywood’s “Big Five” movie studios. The European Commission has set a provisional deadline of July 7 for a decision. Under the EC’s new rules, merger candidates can make their case to the commission, providing evidence that the transaction benefits European markets and is not anticompetitive. The deal initially faced opposition in the U.S. amid concerns that Paramount’s ( PSKY ) control of two major news networks and more than 40 cable networks would consolidate media content in an already highly concentrated industry. U.S. regulators appear ready to approve the merger after being presented with evidence that a merger would not be detrimental to other Hollywood studios nor present a national security threat given its financial backing from Middle East investors. According to Bloomberg, the EC is expected to review the merger under its Foreign Subsidies Regulation law, tasked with preventing non-European firms financed by sovereign states from impeding EU competition. More on Paramount Skydance Corporation Paramount Skydance: Charging Ahead In The Streaming Arena Paramount Skydance Corporation (PSKY) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Paramount Skydance Corporation (PSKY) Q1 2026 Earnings Call Transcript A24’s ‘Backrooms’ opens to $81M, leads box office surge Warner Bros. prices $15B loan deal ahead of Paramount Skydance deal - report
Pop star says the man, 31, tried to force his way into her LA home last month and insisted she was expecting him Sign up for the Breaking News US newsletter email Sabrina Carpenter has been granted a temporary restraining order against a man she says has been stalking her and tried to get into her California home. On Monday, the Los Angeles county court issued an order to prohibit William Applegat...
Pop star says the man, 31, tried to force his way into her LA home last month and insisted she was expecting him Sign up for the Breaking News US newsletter email Sabrina Carpenter has been granted a temporary restraining order against a man she says has been stalking her and tried to get into her California home. On Monday, the Los Angeles county court issued an order to prohibit William Applegate, 31, from being within 100 yards of the Hollywood Hills home that she shares with her sister and the latter’s partner. Continue reading...
ModernLife Rezolute ( RZLT ) shares traded higher on Tuesday after the company announced an update from a late-stage trial for its lead candidate, ersodetug in tumor hyperinsulinism, a rare disease characterized by low blood sugar levels. Citing eight patients who have enrolled in its upLIFT Phase 3 study for ersodetug, the company said that six of them have already reached the level required to m...
ModernLife Rezolute ( RZLT ) shares traded higher on Tuesday after the company announced an update from a late-stage trial for its lead candidate, ersodetug in tumor hyperinsulinism, a rare disease characterized by low blood sugar levels. Citing eight patients who have enrolled in its upLIFT Phase 3 study for ersodetug, the company said that six of them have already reached the level required to measure the trial’s primary endpoint. All six participants discontinued intravenous glucose requirements after the therapy. A trial subject who has died due to cancer progression one week after dropping out of the study will be considered a non-responder for the purpose of evaluating the primary endpoint, according to the company. The last subject to enroll is still undergoing dosing in the pivotal treatment phase, Rezolute ( RZLT ) said, adding that the treatment has been well-tolerated without any safety concerns in the pivotal and extension phases of the study. upLIFT’s current enrollments have reached 50% of its target, and the company is on track to report topline data from the fully enrolled trial in H2 2026. More on Rezolute Rezolute: Caught Between Biology And Statistics, Initiating With Hold Rating Rezolute: Sell Rating Despite FDA Feedback From Type B Meeting For Ersodetug Rezolute gains after positive FDA meeting over lead asset Seeking Alpha’s Quant Rating on Rezolute Historical earnings data for Rezolute