Microsoft just kicked off Build 2026 with a keynote from CEO Satya Nadella and other company leaders. As expected, it was filled with announcements, ranging from new Surface hardware to an always-on personal assistant and updates across Microsoft's in-house AI models. If you didn't watch the event live, you can catch up on all the latest news in the roundup below. A mini Surface PC designed for AI...
Microsoft just kicked off Build 2026 with a keynote from CEO Satya Nadella and other company leaders. As expected, it was filled with announcements, ranging from new Surface hardware to an always-on personal assistant and updates across Microsoft's in-house AI models. If you didn't watch the event live, you can catch up on all the latest news in the roundup below. A mini Surface PC designed for AI development The Surface RTX Spark Dev Box is geared toward developers who want to run local AI models on their device, serving as a substitute for Qualcomm's canceled dev kit . It comes equipped with Nvidia's new Arm-based Spark RTX chip and 128G … Read the full story at The Verge.
Traders ramped up wagers on a stronger yuan in the coming year, betting that increased global usage and an attractive valuation will guide China’s currency through near-term speed bumps. The Chinese currency has risen more than 3% against the dollar this year on the back of strong tech exports . Now, expectations for further yuan gains over the next year are the most bullish since 2011, options pr...
Traders ramped up wagers on a stronger yuan in the coming year, betting that increased global usage and an attractive valuation will guide China’s currency through near-term speed bumps. The Chinese currency has risen more than 3% against the dollar this year on the back of strong tech exports . Now, expectations for further yuan gains over the next year are the most bullish since 2011, options pricing indicates.. So-called one-year dollar-yuan risk reversals — a barometer of positioning and sentiment — traded Tuesday at 0.37% in favor of puts, reflecting an optimistic outlook of further gains in the offshore Chinese currency. The gauge was at 0.05% in favor of puts a month ago. The premium of puts betting the dollar-yuan pair going lower has widened over calls that look for the pair to rise, even as the US-China summit last month produced few specific results on the currency front. “Asia is home to some of the cheapest currencies in the world that have kept rising this year even during periods of dollar strength,” said Sameer Goel , head of EM and APAC research at Deutsche Bank. “We believe this theme can continue and we stay constructive on the yuan, looking for further gains versus the dollar toward 6.5 by year-end.” The offshore yuan traded around 6.76 per dollar on Tuesday, near the strongest in more than three years. Read more: Yuan May Hit Five Per Dollar on Carry-Trade Exit, Macquarie Says “Yuan internationalization is a clear policy priority and an expanded role in cross-border trade and investment will create sustained demand over the years,” Goel said. The Chinese currency is also attractive from a valuation standpoint, he said. A Bloomberg index of the Chinese yuan’s real effective exchange rate shows the currency has strengthened about 3.7% year-to-date versus a basket of its major trading peers, on an inflation-adjusted basis. Still, the gauge is now at levels last seen in 2013, when China’s trade surplus was about one-fifth of its present level. Yuan’...
Soybeans are trading with 6 to 12 ¼ cents in most contracts at midday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4. Soymeal futures are up 30, with Soy Oil futures 65 to 70 points lower. Weekly Crop Progress data indicated 87% of...
Soybeans are trading with 6 to 12 ¼ cents in most contracts at midday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4. Soymeal futures are up 30, with Soy Oil futures 65 to 70 points lower. Weekly Crop Progress data indicated 87% of...
The wheat complex are trading lower across the board on Tuesday. Chicago SRW futures are 6 to 7 cents lower at midday. KC HRW futures are 12 to 13 cents in the red on the day. MPLS spring wheat is down 10 to 11 ¼ cents on Tuesday. NASS Crop...
The wheat complex are trading lower across the board on Tuesday. Chicago SRW futures are 6 to 7 cents lower at midday. KC HRW futures are 12 to 13 cents in the red on the day. MPLS spring wheat is down 10 to 11 ¼ cents on Tuesday. NASS Crop...
GarryKillian/iStock via Getty Images AeroVironment ( AVAV ) on Tuesday said it plans to invest $15 million to expand manufacturing operations in Greene County, Ohio, as the defense technology company seeks to increase production capacity for advanced biotechnology and defense-related programs. The company said Ohio's Tax Credit Authority approved $7 million of the planned investment, which will su...
GarryKillian/iStock via Getty Images AeroVironment ( AVAV ) on Tuesday said it plans to invest $15 million to expand manufacturing operations in Greene County, Ohio, as the defense technology company seeks to increase production capacity for advanced biotechnology and defense-related programs. The company said Ohio's Tax Credit Authority approved $7 million of the planned investment, which will support expansion projects in Beavercreek and Xenia near Dayton. The project is expected to add about 44,000 square feet (4,087.73 square meters) of manufacturing, integration and testing space focused on advanced biotechnology materials and components. The expansion is expected to create approximately 200 jobs and support pilot-scale and mid-volume production capabilities tied to defense and national security programs, according to the company. For investors, the announcement highlights AeroVironment's ( AVAV ) efforts to expand its manufacturing footprint as defense spending increasingly targets emerging technologies such as biotechnology, advanced materials and next-generation military systems. The investment also signals confidence in demand tied to recent government contract awards, while potentially positioning the company for future revenue growth as defense agencies seek to move new technologies from research programs into production. The Ohio facilities will support work connected to the Air Force Research Laboratory (AFRL), which is headquartered at nearby Wright-Patterson Air Force Base. AeroVironment said the expanded sites will initially focus on pilot-scale production but are designed to accommodate larger manufacturing operations if demand increases. Chief Executive Wahid Nawabi said proximity to AFRL and other defense organizations in the Dayton region helps the company collaborate more closely with government customers and accelerate the transition of technologies into operational use. The expansion follows several recent contract awards from AFRL, including ...
A screen of U.S. consumer discretionary stocks with market capitalizations above $10B highlights Booking Holdings ( BKNG ), Marriott International ( MAR ), and Hilton Worldwide ( HLT ) among the least attractively valued names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics...
A screen of U.S. consumer discretionary stocks with market capitalizations above $10B highlights Booking Holdings ( BKNG ), Marriott International ( MAR ), and Hilton Worldwide ( HLT ) among the least attractively valued names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively the stock is priced compared to its sector peers. Least attractively valued large-cap consumer discretionary stocks by valuation grade (market cap $10B and above): Aramark ( ARMK ): Valuation Grade F Booking Holdings ( BKNG ): Valuation Grade F eBay ( EBAY ): Valuation Grade F Hyatt Hotels ( H ): Valuation Grade F Hilton Worldwide ( HLT ): Valuation Grade F Marriott International ( MAR ): Valuation Grade F Ralph Lauren ( RL ): Valuation Grade F Ross Stores ( ROST ): Valuation Grade F Somnigroup International ( SGI ): Valuation Grade F TJX Companies ( TJX ): Valuation Grade F More on Columbia International Dividend Income Fund Q1 2026 Commentary WTPI: Monthly Income Fund For Defensive Investors Iran: 'Waiting For Godot' Ensign buys two healthcare facilities in Iowa and California Blue Origin setback gives SpaceX more breathing room in launch market
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Goldman Sachs Group Inc (Symbol: GS), where a total volume of 31,542 contracts has been traded thus far today, a contract volume which is representative of appro
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Goldman Sachs Group Inc (Symbol: GS), where a total volume of 31,542 contracts has been traded thus far today, a contract volume which is representative of appro
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in A10 Networks Inc (Symbol: ATEN), where a total volume of 8,545 contracts has been traded thus far today, a contract volume which is representative of approximate
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in A10 Networks Inc (Symbol: ATEN), where a total volume of 8,545 contracts has been traded thus far today, a contract volume which is representative of approximate
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Avnet Inc (Symbol: AVT), where a total of 14,078 contracts have traded so far, representing approximately 1.4 million underlying shares. That amounts to about 107.5% of
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Avnet Inc (Symbol: AVT), where a total of 14,078 contracts have traded so far, representing approximately 1.4 million underlying shares. That amounts to about 107.5% of
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in California Water Service Group (Symbol: CWT), where a total volume of 8,452 contracts has been traded thus far today, a contract volume which is representative o
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in California Water Service Group (Symbol: CWT), where a total volume of 8,452 contracts has been traded thus far today, a contract volume which is representative o
Shake Shack Gets Smoked After Cutting Guidance Shake Shack plunged on Tuesday , hitting its lowest levels since November 2023, after the burger chain slashed second-quarter guidance only about a month after issuing it. Baird analyst David Tarantino said the new outlook is viewed as " incrementally negative " for Shake Shack. Tarantino noted that management had set an " unusually high bar" for 2Q c...
Shake Shack Gets Smoked After Cutting Guidance Shake Shack plunged on Tuesday , hitting its lowest levels since November 2023, after the burger chain slashed second-quarter guidance only about a month after issuing it. Baird analyst David Tarantino said the new outlook is viewed as " incrementally negative " for Shake Shack. Tarantino noted that management had set an " unusually high bar" for 2Q comparable performance with its previous outlook, implying mid- to high-single-digit comps in May and June after -.6%. He added that the updated guidance ranges may be attributed to new CFO Michelle Hook , who started May 11, and said "desire to set a more achievable bar going forward." The burger chain, which has 445 stores in the U.S., now expects second-quarter revenue of $415 million to $420 million, down from its prior forecast of $424 million to $428 million. Same-Shack sales growth is now expected to be 2.5% to 3%, down from the earlier 3% to 5% range. Shares sank 11% in the late-morning cash session, extending a nearly yearlong bear-market slide. Here's a snapshot of the 2Q Forecast: Sees total revenue $415 million to $420 million, saw $424 million to $428 million, estimate $421.9 million Sees licensing revenue $13.5 million to $13.7 million Sees same-Shack sales 2.5% to 3%, saw 3% to 5% Sees restaurant level operating margin 22% to 23%, estimate 24.2% Sees Company-operating openings about 16, estimate 18 " These results are particularly encouraging in the face of a challenging macro environment and inclement weather ," Shake Shack wrote in a corporate presentation. The downgrade adds to concerns that higher beef prices and other input prices are compressing margins. There are also concerns that cash-strapped consumers are dialing back purchases on higher-priced menu items. Related: Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer Last month, Shake Shack reported a small multi-million-dollar loss in the first quarter despite a 14% r...
Nebius (NASDAQ: NBIS) is building one of the more aggressive AI infrastructure stories in the market, and a new partnership could help solve a critical power bottleneck. The deal may help Nebius move faster, convert backlog into revenue, and strengthen its position with major ent
Nebius (NASDAQ: NBIS) is building one of the more aggressive AI infrastructure stories in the market, and a new partnership could help solve a critical power bottleneck. The deal may help Nebius move faster, convert backlog into revenue, and strengthen its position with major ent
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Credo Technology Group Holding Ltd (Symbol: CRDO), where a total volume of 54,811 contracts has been traded thus far today, a contract volume which is representa
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Credo Technology Group Holding Ltd (Symbol: CRDO), where a total volume of 54,811 contracts has been traded thus far today, a contract volume which is representa