UBS believes that Micron is poised to benefit from a strong memory cycle driven by artificial intelligence demand. The bank reiterated its buy rating on the semiconductor manufacturer and hiked its price target to $400 from $300 per share. The updated forecast represents upside of 16% from Tuesday's close. UBS analyst Timothy Arcuri wrote that his price hike took place after hosting a series of bu...
UBS believes that Micron is poised to benefit from a strong memory cycle driven by artificial intelligence demand. The bank reiterated its buy rating on the semiconductor manufacturer and hiked its price target to $400 from $300 per share. The updated forecast represents upside of 16% from Tuesday's close. UBS analyst Timothy Arcuri wrote that his price hike took place after hosting a series of bullish investor meetings with Micron management this week, during which the company took a positive stance on the durability of the current cycle. MU 1Y mountain MU 1Y chart "We still believe investors are underappreciating the degree to which AI has fundamentally made memory ([dynamic random access memory] in particular) a more strategic asset," Arcuri wrote. "Severe supply shortages supportive of an 'extended and durable' memory upcycle." For instance, the analyst noted that Micron is currently only about to meet around 50% to 75% of its key customers' demand. Meanwhile, artificial intelligence has made Micron's customers fundamentally change their perception around memory to being a strategic asset from a commodity asset. This has forced clients to rethink how they manage memory procurement, Arcuri added. "While in a pre-AI world memory suppliers did not see much of a return on having a significantly more performant product (as memory was simply a system component), suppliers are now getting paid for best-in-class performance as memory has become a key differentiator within hardware systems (i.e., NVDA's Blackwell and Blackwell Ultra)," Arcuri wrote. The analyst added that investors are still underappreciating dynamic access random memory, or DRAM, content growth within AI servers. This is true especially as Micron believes that DRAM continues to provide a stronger value proposition than NAND due to its ability to provide more individualized and higher-quality products. Shares of Micron have jumped 237% over the past 12 months.
Tesla Inc (NASDAQ:TSLA) is one of the 8 best American stocks to buy and hold in 2026. Wedbush analyst Dan Ives released an update on Tesla Inc. (NASDAQ:TSLA) stock after the EV maker announced its delivery figures for the full year 2025. While the delivery numbers weren’t impressive, the analyst was upbeat, calling them a step in the right direction. There's No One Who Wants To Go Against Tesla, I...
Tesla Inc (NASDAQ:TSLA) is one of the 8 best American stocks to buy and hold in 2026. Wedbush analyst Dan Ives released an update on Tesla Inc. (NASDAQ:TSLA) stock after the EV maker announced its delivery figures for the full year 2025. While the delivery numbers weren’t impressive, the analyst was upbeat, calling them a step in the right direction. There's No One Who Wants To Go Against Tesla, Inc. (TSLA), Says Jim Cramer Hadrian / Shutterstock.com In Q4, Tesla delivered 418,227 vehicles while producing 434,358. In the whole calendar year, 1,654,667 vehicles were produced, and 1,636,129 were delivered to customers. Ives believes that Tesla has some work to do to make a comeback in the vehicle delivery area, especially after the loss of the $7,500 tax credit and multiple headwinds in Europe. Going forward, he believes robotics and autonomous driving will drive the company’s bull thesis, even if the vehicle delivery numbers continue to underwhelm: ”We believe Tesla could reach a $2 trillion market cap over the coming year and, in a bull case scenario, $3 trillion by the end of 2026…as full-scale volume production begins with the autonomous and robotics roadmap…” Ives calls CyberCab the golden goose when it comes to unlocking Tesla’s AI potential and valuation. For now, he has a $600 price target with an Outperform rating on the stock. Tesla Inc. (NASDAQ:TSLA) is a household name when it comes to Electric vehicles, but the company does much more than sell cars. Its portfolio includes energy generation, storage, and robotics. It is headquartered in Austin, Texas. While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy...
Tesla Inc (NASDAQ:TSLA) is one of the 8 best American stocks to buy and hold in 2026. Wedbush analyst Dan Ives released an update on Tesla Inc. (NASDAQ:TSLA) stock after the EV maker announced its delivery figures for the full year 2025. While the delivery numbers weren’t impressive, the analyst was upbeat, calling them a step in the right direction. There's No One Who Wants To Go Against Tesla, I...
Tesla Inc (NASDAQ:TSLA) is one of the 8 best American stocks to buy and hold in 2026. Wedbush analyst Dan Ives released an update on Tesla Inc. (NASDAQ:TSLA) stock after the EV maker announced its delivery figures for the full year 2025. While the delivery numbers weren’t impressive, the analyst was upbeat, calling them a step in the right direction. There's No One Who Wants To Go Against Tesla, Inc. (TSLA), Says Jim Cramer Hadrian / Shutterstock.com In Q4, Tesla delivered 418,227 vehicles while producing 434,358. In the whole calendar year, 1,654,667 vehicles were produced, and 1,636,129 were delivered to customers. Ives believes that Tesla has some work to do to make a comeback in the vehicle delivery area, especially after the loss of the $7,500 tax credit and multiple headwinds in Europe. Going forward, he believes robotics and autonomous driving will drive the company’s bull thesis, even if the vehicle delivery numbers continue to underwhelm: ”We believe Tesla could reach a $2 trillion market cap over the coming year and, in a bull case scenario, $3 trillion by the end of 2026…as full-scale volume production begins with the autonomous and robotics roadmap…” Ives calls CyberCab the golden goose when it comes to unlocking Tesla’s AI potential and valuation. For now, he has a $600 price target with an Outperform rating on the stock. Tesla Inc. (NASDAQ:TSLA) is a household name when it comes to Electric vehicles, but the company does much more than sell cars. Its portfolio includes energy generation, storage, and robotics. It is headquartered in Austin, Texas. While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy...
Alphabet Inc. (NASDAQ:GOOGL) is one of the 8 best American stocks to buy and hold in 2026. On January 5, Alphabet Inc. (NASDAQ:GOOGL) investors received positive news from South Korea, where Samsung’s leadership announced it planned to double the number of smartphones offering Google Gemini-backed ‘Galaxy AI’ features, as reported by Reuters. This would take the total number of mobile devices usin...
Alphabet Inc. (NASDAQ:GOOGL) is one of the 8 best American stocks to buy and hold in 2026. On January 5, Alphabet Inc. (NASDAQ:GOOGL) investors received positive news from South Korea, where Samsung’s leadership announced it planned to double the number of smartphones offering Google Gemini-backed ‘Galaxy AI’ features, as reported by Reuters. This would take the total number of mobile devices using Gemini-powered AI to 800 million. Google Samsung’s move is set to boost Alphabet’s plans to compete with OpenAI and attract more customers to its AI models. OpenAI launched its GPT-5.2 model only a few weeks after Gemini 3 in November last year. Samsung’s confidence in accelerating its AI deployments using Gemini is a big positive for Alphabet. The fact that timing is important in AI development was also made clear by Samsung President T M Roh’s words: ”We will apply AI to all products, all functions, and all services as quickly as possible.” Samsung is racing to surpass Apple in the smartphone market, an objective that directly benefits Alphabet investors, as Samsung is also the largest backer of Android, Alphabet’s smartphone operating system. Over the past month, Alphabet Inc.’s (NASDAQ:GOOGL) stock has outperformed the broader market, gaining 6.8%. In mid-December, Doug Anmuth, an analyst at JPMorgan, projected that the stock could surge a further 23% in 2026, as he believes the company’s leadership in full-stack AI and rapid growth in Google Cloud are expected to drive this growth. The firm raised its price target to $385 while maintaining a Buy rating. Around the same time, analysts at Mizuho also raised GOOGL’s price target to $385, implying a similar upside potential. Alphabet Inc. (NASDAQ:GOOGL) provides different platforms and products across the United States, the Asia-Pacific, Latin America, the Middle East, Canada, Europe, and Africa. The company operates through the Google Cloud, Google Services, and Other Bets segments. It is based in Mountain View, Califor...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft ...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft Corporation (MSFT): The Acceleration Is Incredible, Says Jim Cramer Northfoto / Shutterstock.com Wedbush analyst Dan Ives expressed his optimism in an investor note by saying: ”The Street is underestimating the Azure growth story in our view, and the AI-driven shift about to happen in Redmond heading into 2026, making Microsoft one of our favorite large-cap tech names to own over the coming year. While AI use cases built markedly in FY25, it’s clear that FY26 for Microsoft remains the true inflection year of AI growth as CIO lines build for deployments.” In addition to Wedbush, Microsoft is also ranked among Evercore’s top enterprise software stocks for 2026 on December 22. The firm highlighted MSFT’s deep integration in enterprise IT spending through its software offerings, AI products, and cloud platform. Evercore said that the firm’s extensive presence across AI services, Azure, and productivity tools positions it to remain a priority for customers. Evercore analysts stated in an investor note: ”While we see the party broadening out in 2026, we do not see investors fleeing the infrastructure trade in software. As such, MSFT, SNOW, and ORCL remain three of our top ideas for next year.” Microsoft Corporation (NASDAQ: MSFT) is a developer and provider of services, solutions, software, and devices. The company operates through the Intelligent Cloud, Personal Computing, and Productivity and Business Processes segments. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’r...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft ...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft Corporation (MSFT): The Acceleration Is Incredible, Says Jim Cramer Northfoto / Shutterstock.com Wedbush analyst Dan Ives expressed his optimism in an investor note by saying: ”The Street is underestimating the Azure growth story in our view, and the AI-driven shift about to happen in Redmond heading into 2026, making Microsoft one of our favorite large-cap tech names to own over the coming year. While AI use cases built markedly in FY25, it’s clear that FY26 for Microsoft remains the true inflection year of AI growth as CIO lines build for deployments.” In addition to Wedbush, Microsoft is also ranked among Evercore’s top enterprise software stocks for 2026 on December 22. The firm highlighted MSFT’s deep integration in enterprise IT spending through its software offerings, AI products, and cloud platform. Evercore said that the firm’s extensive presence across AI services, Azure, and productivity tools positions it to remain a priority for customers. Evercore analysts stated in an investor note: ”While we see the party broadening out in 2026, we do not see investors fleeing the infrastructure trade in software. As such, MSFT, SNOW, and ORCL remain three of our top ideas for next year.” Microsoft Corporation (NASDAQ: MSFT) is a developer and provider of services, solutions, software, and devices. The company operates through the Intelligent Cloud, Personal Computing, and Productivity and Business Processes segments. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’r...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft ...
Microsoft Corporation (NASDAQ:MSFT) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Wedbush released a report highlighting its top five artificial intelligence investment picks for 2026. Microsoft Corporation (NASDAQ:MSFT) remains one of Wedbush’s top five AI picks. Wedbush analyst Dan Ives called the company the “clear front-runner” in enterprise-scale AI. Microsoft Corporation (MSFT): The Acceleration Is Incredible, Says Jim Cramer Northfoto / Shutterstock.com Wedbush analyst Dan Ives expressed his optimism in an investor note by saying: ”The Street is underestimating the Azure growth story in our view, and the AI-driven shift about to happen in Redmond heading into 2026, making Microsoft one of our favorite large-cap tech names to own over the coming year. While AI use cases built markedly in FY25, it’s clear that FY26 for Microsoft remains the true inflection year of AI growth as CIO lines build for deployments.” In addition to Wedbush, Microsoft is also ranked among Evercore’s top enterprise software stocks for 2026 on December 22. The firm highlighted MSFT’s deep integration in enterprise IT spending through its software offerings, AI products, and cloud platform. Evercore said that the firm’s extensive presence across AI services, Azure, and productivity tools positions it to remain a priority for customers. Evercore analysts stated in an investor note: ”While we see the party broadening out in 2026, we do not see investors fleeing the infrastructure trade in software. As such, MSFT, SNOW, and ORCL remain three of our top ideas for next year.” Microsoft Corporation (NASDAQ: MSFT) is a developer and provider of services, solutions, software, and devices. The company operates through the Intelligent Cloud, Personal Computing, and Productivity and Business Processes segments. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’r...
Meta Platforms, Inc. (NASDAQ:META) is one of the 8 best American stocks to buy and hold in 2026. As part of the company’s ongoing efforts to expand its AI capabilities, Meta announced on December 30 that it had acquired Manus, a Singapore-based developer of general-purpose AI agents. Through this acquisition, the tech giant will enhance the integration of advanced AI into its business and consumer...
Meta Platforms, Inc. (NASDAQ:META) is one of the 8 best American stocks to buy and hold in 2026. As part of the company’s ongoing efforts to expand its AI capabilities, Meta announced on December 30 that it had acquired Manus, a Singapore-based developer of general-purpose AI agents. Through this acquisition, the tech giant will enhance the integration of advanced AI into its business and consumer products. Meta App 3D sign Manus was originally founded in China by Butterfly Effect Technology before relocating its headquarters to Singapore. Earlier this year, the firm introduced its first general AI agent. This AI agent is designed to carry out complex tasks such as coding, market research, and data analysis. CEO of Manus, Xiao Hong, highlighted in a company release: ”Joining Meta allows us to build on a stronger, more sustainable foundation without changing how Manus works or how decisions are made.” Although the financial terms of the deal were not officially disclosed, the Wall Street Journal reported that the transaction was valued at more than $2 billion, citing sources familiar with the acquisition. According to the report, when Meta initiated acquisition talks, the startup was seeking new funding, which valued it at approximately $2 billion. This acquisition supports META CEO Mark Zuckerberg’s emphasis on data centers, AI infrastructure, and monetization beyond metaverse initiatives. Meta pointed out how it intends to leverage Manus’s services across its business segments: ”Manus is already serving the daily needs of millions of users and businesses worldwide … We plan to scale this service to many more businesses.” Meta Platforms, Inc. (NASDAQ:META) develops products that enable people to share and connect with family and friends across personal computers, mobile devices, augmented reality, wearables, and virtual and mixed reality headsets. The company operates through the Family of Apps (FoA) and Reality Labs (RL) segments. While we acknowledge the potential...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Evercore ISI named Amazon.com, Inc. (NASDAQ:AMZN) as its top large-cap Internet pick for 2026. Analyst Mark Mahaney and his team highlighted the continued momentum at Amazon Web Services, following the AWS unit’s 20% year-over-year growth in the third quarter. This marked its fastest growth...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Evercore ISI named Amazon.com, Inc. (NASDAQ:AMZN) as its top large-cap Internet pick for 2026. Analyst Mark Mahaney and his team highlighted the continued momentum at Amazon Web Services, following the AWS unit’s 20% year-over-year growth in the third quarter. This marked its fastest growth rate in the 11 quarters. For the first time since the third quarter of 2022, the growth rate surpassed that of Microsoft Azure. The analyst noted that the artificial intelligence narrative surrounding AWS has become more positive, supporting investor confidence. BMO Keeps Outperform on Amazon (AMZN), Sees AWS Growth Accelerating christian-wiediger-rymh7EZPqRs-unsplash Mahaney expressed his views by saying: ”At the end of the day, AMZN remains a high-quality compounder (25% EPS CAGR), with solid double-digit revenue growth, expanding operating margins, and free cash flow likely to inflect up materially in a 24-month timeframe.” Looking forward to 2026, Evercore ISI identified several additional catalysts for Amazon beyond AWS, including Trainium chips, ramping Alexa+ engagement, the grocery business, Amazon Pharmacy, Amazon Leo, Zoox’s robotaxi service, and renewed focus on the Amazon for Business segment. Following a strategic review, the company announced on December 28 that it had paused its plans for commercial drone deliveries in Italy. In an emailed statement to Reuters, the company spokesperson said: ”Despite positive engagement and progress with Italian aerospace regulators, the broader business regulatory framework in the country does not, at this time, support our longer-term objectives for this program.” Amazon.com, Inc. (NASDAQ:AMZN) is involved in the retail sale of subscription services, advertising, and consumer products through physical and online stores. It operates in the International, North America, and Amazon Web Services (AWS) segments. While we acknow...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Evercore ISI named Amazon.com, Inc. (NASDAQ:AMZN) as its top large-cap Internet pick for 2026. Analyst Mark Mahaney and his team highlighted the continued momentum at Amazon Web Services, following the AWS unit’s 20% year-over-year growth in the third quarter. This marked its fastest growth...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 8 best American stocks to buy and hold in 2026. On December 29, Evercore ISI named Amazon.com, Inc. (NASDAQ:AMZN) as its top large-cap Internet pick for 2026. Analyst Mark Mahaney and his team highlighted the continued momentum at Amazon Web Services, following the AWS unit’s 20% year-over-year growth in the third quarter. This marked its fastest growth rate in the 11 quarters. For the first time since the third quarter of 2022, the growth rate surpassed that of Microsoft Azure. The analyst noted that the artificial intelligence narrative surrounding AWS has become more positive, supporting investor confidence. BMO Keeps Outperform on Amazon (AMZN), Sees AWS Growth Accelerating christian-wiediger-rymh7EZPqRs-unsplash Mahaney expressed his views by saying: ”At the end of the day, AMZN remains a high-quality compounder (25% EPS CAGR), with solid double-digit revenue growth, expanding operating margins, and free cash flow likely to inflect up materially in a 24-month timeframe.” Looking forward to 2026, Evercore ISI identified several additional catalysts for Amazon beyond AWS, including Trainium chips, ramping Alexa+ engagement, the grocery business, Amazon Pharmacy, Amazon Leo, Zoox’s robotaxi service, and renewed focus on the Amazon for Business segment. Following a strategic review, the company announced on December 28 that it had paused its plans for commercial drone deliveries in Italy. In an emailed statement to Reuters, the company spokesperson said: ”Despite positive engagement and progress with Italian aerospace regulators, the broader business regulatory framework in the country does not, at this time, support our longer-term objectives for this program.” Amazon.com, Inc. (NASDAQ:AMZN) is involved in the retail sale of subscription services, advertising, and consumer products through physical and online stores. It operates in the International, North America, and Amazon Web Services (AWS) segments. While we acknow...
King's Ayrshire estate to host luxury weddings A new public hall could be added to the east wing of Dumfries House Plans for the King's Ayrshire estate to add a new events space for luxury weddings have been unveiled. The development would add a public hall to the east wing of Dumfries House in Cumnock, East Ayrshire, which currently serves as the headquarters of the King's Foundation charity. The...
King's Ayrshire estate to host luxury weddings A new public hall could be added to the east wing of Dumfries House Plans for the King's Ayrshire estate to add a new events space for luxury weddings have been unveiled. The development would add a public hall to the east wing of Dumfries House in Cumnock, East Ayrshire, which currently serves as the headquarters of the King's Foundation charity. The foundation said the new space - named the King's Hall in honour of the monarch - could become the "go-to venue for high-end, luxury weddings and private events" both nationally and internationally. Up to 200 guests could attend events, with proceeds going towards supporting the conservation and development of the house and estate, as well as education programmes and community initiatives.
Virgin Galactic's downside risk is too high to ignore. Virgin Galactic (SPCE +3.08%) has been impressing a loyal group of customers and investors with its vision of commercial space tourism and its focus on making suborbital spaceflight accessible to private astronauts, researchers, and professionals through astronaut training. Yet the company's financial numbers highlight a stark disconnect betwe...
Virgin Galactic's downside risk is too high to ignore. Virgin Galactic (SPCE +3.08%) has been impressing a loyal group of customers and investors with its vision of commercial space tourism and its focus on making suborbital spaceflight accessible to private astronauts, researchers, and professionals through astronaut training. Yet the company's financial numbers highlight a stark disconnect between that long-term vision and current operating reality. While Virgin Galactic may not go bankrupt in the near term, the deterioration in its fundamentals is severe enough that a zero-share price outcome can no longer be ruled out. Negligible revenues and soaring costs Virgin Galactic's financial performance remains deeply challenged, even nearly 25 years after the company was founded. In the third quarter (ending Sept. 30), revenues were just $0.4 million, attributed to future astronaut access fees, while total operating expenses were $67 million. This imbalance translated into a net loss of $64 million and a negative free cash flow of $108 million. Management also expects fourth-quarter free cash flow to remain deeply negative, at $90 million to $100 million. Expand NYSE : SPCE Virgin Galactic Today's Change ( 3.08 %) $ 0.10 Current Price $ 3.35 Key Data Points Market Cap $212M Day's Range $ 3.17 - $ 3.36 52wk Range $ 2.18 - $ 6.64 Volume 3.2K Avg Vol 4.7M Gross Margin -540764.60 % Hence, Virgin Galactic remains highly loss-making as it heads into 2026. The company's operating model for 2026 and 2027 involves 125 space missions per year of its initial fleet of two SpaceShips, with ticket prices of around $600,000 per seat. This is expected to generate nearly $450 million in annual revenues and $100 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). But this scenario assumes near-perfect execution, high pricing power, and no significant project delays. Until commercial service actually begins and ramps up, such projections remain t...
Man jailed for supplying gangs with thousands of Channel small boats 16 minutes ago Share Save Maia Davies Share Save National Crime Agency Turkish national Adem Savas is thought to have supplied equipment used in around half of all small boat crossings in 2023 A man who supplied thousands of small boats and engines to people smugglers in the English Channel has been jailed. Adem Savas - who was p...
Man jailed for supplying gangs with thousands of Channel small boats 16 minutes ago Share Save Maia Davies Share Save National Crime Agency Turkish national Adem Savas is thought to have supplied equipment used in around half of all small boat crossings in 2023 A man who supplied thousands of small boats and engines to people smugglers in the English Channel has been jailed. Adem Savas - who was previously the National Crime Agency's most wanted man - was described by the agency as "without a doubt the most significant supplier" to gangs behind the dangerous crossings between 2019 and 2024. The Turkish national was sentenced to 11 years in prison and received a fine of €400,000 (£346,000) on Wednesday, after admitting to offences of people smuggling and being a member of an organised crime group. The NCA said he had likely made millions from the operation, having charged on average around £4,000 for packages of boats and engines. The 45-year-old is also thought to have supplied equipment used in about half of all crossings in 2023, the agency said, "making him a key figure in the European people smuggling hierarchy". Savas was sentenced at a court in Bruges, Belgium, after a joint operation between the NCA and Belgian authorities, having been arrested at Amsterdam's Schiphol Airport in November 2024. National Crime Agency Savas's supplies were transported from Turkey to Bulgaria, and on to Germany to be stored
SeaBridge Investment Advisors LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,692 shares of the chip maker's stock, valued at approximately $694,000. Get Intel alerts: Sign Up Several other large investors have also made changes to t...
SeaBridge Investment Advisors LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,692 shares of the chip maker's stock, valued at approximately $694,000. Get Intel alerts: Sign Up Several other large investors have also made changes to their positions in INTC. Norges Bank bought a new position in Intel during the 2nd quarter valued at about $1,579,378,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Intel during the second quarter worth approximately $345,245,000. Assenagon Asset Management S.A. raised its stake in shares of Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker's stock valued at $508,593,000 after acquiring an additional 10,523,590 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Intel by 210.9% in the second quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker's stock valued at $346,230,000 after acquiring an additional 10,514,007 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker's stock worth $8,644,244,000 after acquiring an additional 8,513,298 shares in the last quarter. Institutional investors own 64.53% of the company's stock. Intel Stock Performance Intel stock opened at $40.05 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $44.02. The company has a market cap of $191.32 billion, a PE ratio of 4,009.01, a PEG ratio of 25.05 and a beta of 1.35. The company's 50-day moving average is $37.91 and its two-hundred day moving average is $30.82. Intel (NASDAQ:INTC ...