Bank of England says updated imagery will celebrate native wildlife while bolstering anti-counterfeit features Puffins, dolphins and bumblebees are among the wildlife that could feature on new banknotes in the UK as the Bank of England announces its shortlist. There has been controversy over the decision, with figures including Nigel Farage criticising the Bank for, he claimed, wanting to replace ...
Bank of England says updated imagery will celebrate native wildlife while bolstering anti-counterfeit features Puffins, dolphins and bumblebees are among the wildlife that could feature on new banknotes in the UK as the Bank of England announces its shortlist. There has been controversy over the decision, with figures including Nigel Farage criticising the Bank for, he claimed, wanting to replace Winston Churchill with a beaver. The Conservative leader, Kemi Badenoch, said it was “a silly thing to do”, and Reform UK’s Farage called it “absolutely crackers”. In the end, no beaver appeared on the shortlist. Mammal options include bottlenose dolphins and red foxes. Continue reading...
The Oranje had high hopes but a spate of injuries has tempered expectations This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...
The Oranje had high hopes but a spate of injuries has tempered expectations This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...
A number of stocks jumped in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.
A number of stocks jumped in the afternoon session after Jensen Huang's (Nvidia's CEO) GTC Taipei keynote at Computex reframed how large and how long the AI chip cycle will run.
British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more details of a military contract with the company, as UK political tension involving the controversial data firm ramps up. The Science, Innovation and Technology Committee issued a report on digital services in the public sector, singling out Palantir as the most concerni...
British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more details of a military contract with the company, as UK political tension involving the controversial data firm ramps up. The Science, Innovation and Technology Committee issued a report on digital services in the public sector, singling out Palantir as the most concerning tech provider. The parliamentarians recommended breaking a £330 million ($445 million) National Health Service contract with the US company, arguing that the UK was at risk of becoming overly dependent on it. The report also described Palantir’s political positions — its US military work as well as comments from its chief executive officer and Peter Thiel , its billionaire co-founder — as a “clear mismatch” with British values. The government now has two months to review the report and provide its response. “Palantir represents an unacceptable point of weakness in our digital infrastructure,” Chi Onwurah, a member of Parliament for the Labour Party who chairs the committee, said in an interview. “We’ve got a key supplier with a political agenda of its own, which is clearly saying that it’s on the side of the American state.” Palantir’s data analysis products are used by the US military and intelligence agencies, and the company has won several contracts under Donald Trump’s second administration with defense, policing and immigration agencies. But officials in Europe have expressed concern about the privacy implications of the company’s products and are increasingly worried about an excessive reliance on Silicon Valley. Onwurah also wrote in the report that Palantir CEO Alex Karp ’s recent manifesto “makes explicitly political arguments” that the UK may not endorse. Still, Palantir has made a concerted push into the UK. Prime Minister Keir Starmer visited its offices on a recent trip to Washington. The company has also hired a former aide to Reform UK head Nigel Farage ,...
China’s domestically made regional jet, the C909, has struggled to compete with market leaders Airbus and Boeing since it launched a decade ago. But there is one place where it is thriving: the far-western Chinese region of Xinjiang. Chinese airlines have rolled out C909s in Xinjiang at a rapid clip over the past few years. The first C909 touched down in the region as recently as June 2023. Now, t...
China’s domestically made regional jet, the C909, has struggled to compete with market leaders Airbus and Boeing since it launched a decade ago. But there is one place where it is thriving: the far-western Chinese region of Xinjiang. Chinese airlines have rolled out C909s in Xinjiang at a rapid clip over the past few years. The first C909 touched down in the region as recently as June 2023. Now, there are 30 of them being used on more than 120 routes in the remote territory, according to state...
Asking for a Trend Host Josh Lipton shares the top stories for Wednesday, June 3, including from Macy's (M), Five Below (FIVE), Petco (WOOF), and Broadcom (AVGO) CrowdStrike (CRWD), as well as ADP's May employment estimate.
Asking for a Trend Host Josh Lipton shares the top stories for Wednesday, June 3, including from Macy's (M), Five Below (FIVE), Petco (WOOF), and Broadcom (AVGO) CrowdStrike (CRWD), as well as ADP's May employment estimate.
Taiwan’s central bank is extending its reach ever deeper into foreign-exchange markets, seeking to ensure currency stability as the artificial intelligence boom intensifies a divide between the island’s tech sector and the rest of the economy . The monetary authority known as the Central Bank of the Republic of China, or CBC, has been on a mission to stamp out volatility since a surge in the Taiwa...
Taiwan’s central bank is extending its reach ever deeper into foreign-exchange markets, seeking to ensure currency stability as the artificial intelligence boom intensifies a divide between the island’s tech sector and the rest of the economy . The monetary authority known as the Central Bank of the Republic of China, or CBC, has been on a mission to stamp out volatility since a surge in the Taiwan dollar erupted almost from nowhere last year, sparking the most violent swings since the 1980s. It has been instructing exporters to sell US dollars at times of currency weakness while guiding life insurers to buy the greenback when the Taiwan dollar strengthens, according to a dozen traders, regulators and economists interviewed by Bloomberg. It also keeps close tabs on trading activity via dedicated phone lines and has sometimes even sought to influence market hours and media reports on the subject, the people said. The urgency behind the CBC’s hands-on currency management stems from its economic dilemma. While the island’s tech sector thrives on global AI demand, industrial manufacturers are feeling the squeeze, needing a weaker currency to remain competitive against regional rivals. But the CBC also faces criticism that the Taiwan dollar is undervalued, occasionally drawing the ire of the US Treasury Department. As Taiwan’s booming economy fuels a surging trade surplus, the central bank must tread carefully to avoid drawing further unwanted scrutiny from Washington. And the stakes have never been higher for the CBC, also nicknamed “Lao Da,” or the “Big Boss,” by foreign-exchange traders due to its presence in the market. Not only does the domestic economy depend on its policy balancing act, but so do billions of dollars of global money invested in the local stock market, and even more Taiwanese funds parked in financial assets abroad. Adding to the complexity is the geopolitical standing of the island as it faces scrutiny from both US President Donald Trump and his Ch...
Explore the exciting world of Globant (NYSE: GLOB) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of April 8, 2026. The video was published on June 9, 2026. Continue reading
Explore the exciting world of Globant (NYSE: GLOB) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of April 8, 2026. The video was published on June 9, 2026. Continue reading
The Teralynx launch gives Marvell a product-level AI networking catalyst, with custom silicon revenue now central to whether data center growth can support the stock’s higher expectations.
The Teralynx launch gives Marvell a product-level AI networking catalyst, with custom silicon revenue now central to whether data center growth can support the stock’s higher expectations.
Marvell Technology (NASDAQ:MRVL), provides data infrastructure semiconductor solutions from data center core to network edge. The stock closed at $290.79, up 32.52%, after endorsements from Nvidia’s CEO and Marvell’s new AI-focused Teralynx T100 switch left investors watching how
Marvell Technology (NASDAQ:MRVL), provides data infrastructure semiconductor solutions from data center core to network edge. The stock closed at $290.79, up 32.52%, after endorsements from Nvidia’s CEO and Marvell’s new AI-focused Teralynx T100 switch left investors watching how
hapabapa/iStock Editorial via Getty Images I have been writing about structural flaws in AI bull theses. Nvidia at $5 trillion needs a power grid that doesn’t exist. SpaceX, at $1.75 trillion, has a lack of shareholder input and is bailing out xAI. Palantir Technologies Inc. ( PLTR ) at $369 billion needs something even harder to find. It needs to become a line item in the federal budget. The Reve...
hapabapa/iStock Editorial via Getty Images I have been writing about structural flaws in AI bull theses. Nvidia at $5 trillion needs a power grid that doesn’t exist. SpaceX, at $1.75 trillion, has a lack of shareholder input and is bailing out xAI. Palantir Technologies Inc. ( PLTR ) at $369 billion needs something even harder to find. It needs to become a line item in the federal budget. The Reverse-DCF Nobody Wants To Run PLTR closed at $160.65 on June 1, 2026. Market capitalization stood at roughly $369 billion. Reverse-DCF the equity value with a 10% cost of equity and a 3% terminal growth rate. The math is straightforward and unforgiving. $369B x (10%-3%) = $25.8 billion of steady-state free cash flow per year. Now translate $25.8 billion of free cash flow required at various margin profiles: At a 30% FCF margin: $86 billion of revenue. At a 25% FCF margin: $103 billion of revenue. At a 20% FCF margin: $129 billion of revenue. Palantir’s TTM revenue is $5.2 billion. So the implied growth multiple to justify the current price is somewhere between 17x and 25x. That alone should give you pause. The harder question is: 17x to 25x growth from what base, into which buyers? The Federal Budget Arithmetic Per Palantir’s Q1 2026 10-Q , the revenue mix breaks out as: US Gov’t: $687 million (42%). Int’l Gov’t: $172 million (10%). US Commercial: $595 million (36%). Int’l Commercial: $179 million (11%). The government is 53% of the business. Hold that mix constant at maturity, and the $103 billion margin scenario requires $55 billion in government revenue. $44 billion of that in US government revenue (at the current 80/20 US-to-international gov split). Now look at what the US Government actually spends on IT. Per the DoW FY 2026 IT and Cyberspace Activities budget overview, the entire Department of War’s IT budget is $66.1 billion. Total federal IT spending across all agencies is approximately $136 billion, although OMB sunsetted itdashboard.gov in April 2026, so the offici...
Microsoft's Build developer conference kicked off today , and as with almost everything the company has done in the last few years, Microsoft's opening keynote focused overwhelmingly on AI and other closely related technologies. There's Microsoft Scout , an OpenClaw-based "Autopilot" agent that can hook into Microsoft 365 data to perform tasks for users; several new AI models ; an expanded preview...
Microsoft's Build developer conference kicked off today , and as with almost everything the company has done in the last few years, Microsoft's opening keynote focused overwhelmingly on AI and other closely related technologies. There's Microsoft Scout , an OpenClaw-based "Autopilot" agent that can hook into Microsoft 365 data to perform tasks for users; several new AI models ; an expanded preview of " Codename MDASH ," which is a "multi-model agentic scanning system" meant to detect and fix software vulnerabilities. A few of those announcements stood out to us as particularly interesting, either for esoteric technical reasons or because they seem like they may have some utility for those who aren't spending their every waking moment using generative AI tools. (Microsoft's recent efforts to make its flagship operating system faster, more reliable, more useful, and less annoying didn't really come up, but there have been plenty of other announcements on that front lately .) On the hardware front, we didn't get any updates for existing Surface devices (not counting yesterday's Surface Laptop Ultra announcement), but we did get something new: the Surface RTX Spark Dev Box is "a compact developer PC" built around Nvidia's new RTX Spark chip with up to 128GB of built-in memory. Read full article Comments
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see " From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag ") in particular, and the trillions behind the AI spending rollout in general, and we say once a...
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see " From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag ") in particular, and the trillions behind the AI spending rollout in general, and we say once again because every few months we get some iteration of the following report from Goldman published almost two years ago today... ... we have more bad news: according to a global survey by Bain, cost savings from automation are broadly falling short of projections. Which means that those expecting big savings from their investments in artificial intelligence, which is most companies, will be disappointed. The missed targets “should be making executives uncomfortable,” since many of them are approving increased spending for artificial intelligence on the basis of expected savings , the consulting firm said in a report shared exclusively with Bloomberg News . The problem is there are little actual savings to speak of. The survey, completed in April, was based on responses from executives at 951 companies with more than $100 million in revenue, across nine sectors: retail, technology, advanced manufacturing, healthcare, consumer products, energy, financial services, telecom/media/entertainment and insurance. It found that among companies measuring their AI cost savings, the largest share (40%) realized reductions of 10% or less . Predictably, most had been expecting to see far more meaningful improvement, especially since they spent far more than that on the new technology. Here’s the part that Bain found the most troubling: 44% of large companies that are funding their next wave of AI spending are basing those investments on the last round of savings - savings that haven’t yet materialized. “The prior wave underdelivered. The savings pool is smaller than assumed,” Bain warned....