Waves break along Cenang Beach as the sun drops over the Andaman Sea, washing Langkawi’s white sand in gold. Tourists sip fresh coconuts beneath rows of bright umbrellas, gazing out at the “Jewel of Kedah”: a duty-free archipelago long sold as one of Malaysia’s premier tropical escapes. Out on the water, meanwhile, small boats traverse the 8km (five miles) of open water that separates Langkawi fro...
Waves break along Cenang Beach as the sun drops over the Andaman Sea, washing Langkawi’s white sand in gold. Tourists sip fresh coconuts beneath rows of bright umbrellas, gazing out at the “Jewel of Kedah”: a duty-free archipelago long sold as one of Malaysia’s premier tropical escapes. Out on the water, meanwhile, small boats traverse the 8km (five miles) of open water that separates Langkawi from Thailand’s Koh Tarutao. On fast boats, the crossing takes a matter of minutes. No navigation...
A number of stocks fell in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.
A number of stocks fell in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.
A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestorm It was a PR nightmare: customers smashing Starbucks branded tumblers and mugs as fans deleted loyalty apps and cashed out prepaid balances. Amid the uproar, government ministries cut ties with the coffee chain and apology notices were pasted on Starbucks stor...
A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestorm It was a PR nightmare: customers smashing Starbucks branded tumblers and mugs as fans deleted loyalty apps and cashed out prepaid balances. Amid the uproar, government ministries cut ties with the coffee chain and apology notices were pasted on Starbucks stores across South Korea. The initial shock may have passed, but the anger remains. Continue reading...
Alex Potemkin/iStock via Getty Images Introduction Shares of Northeast Community Bancorp, Inc. ( NECB ) are up in the high single digits so far in 2026, notably outperforming U.S. financial peers held in the IYF ETF , benefiting from a cheap valuation and deposit inflows, as discussed in my prior coverage of NECB . As I will elaborate on in this article, the bank made incremental progress in attra...
Alex Potemkin/iStock via Getty Images Introduction Shares of Northeast Community Bancorp, Inc. ( NECB ) are up in the high single digits so far in 2026, notably outperforming U.S. financial peers held in the IYF ETF , benefiting from a cheap valuation and deposit inflows, as discussed in my prior coverage of NECB . As I will elaborate on in this article, the bank made incremental progress in attracting deposits in Q1 2026, albeit at a slower pace compared to H2 2025. Deposit dynamics are quite important for NECB, as much of the underperformance in 2025 was arguably driven by the bank's borrowing from the New York Fed Discount Window. As I will discuss shortly, this borrowing has almost entirely been repaid. Against this positive backdrop, I remain bullish on NECB, confirming my previous Buy rating on the shares. My investment thesis can be briefly summarized as: NECB's credit quality remains supreme, with the bank boasting no non-performing loans. NECB trades at only 7.6x its trailing earnings, a deep discount relative to the broader U.S. financial sector and direct U.S. regional bank peers. NECB's CET1 capital ratio is quite high at 15.47%, allowing the bank to pursue incremental share buybacks. For readers not familiar with NECB, it is a regional bank focused primarily on construction finance in New York and Massachusetts, with total assets growing significantly over the past decade, from roughly $735 million in December 2016 to $2.025 billion in Q1 2026, notwithstanding a slowdown in growth since December 2024: Total asset developments in 2016-2026 (Seeking Alpha) Q1 2026 Results Overview NECB reported EPS of $0.74/share , down 5% Y/Y, principally impacted by lower non-interest income, where the bank recorded a $121,000 unrealized loss on equity securities, notably below the $300,000 gain seen in Q1 2025. Aside from this volatile income statement line, performance was pressured by marginally lower net interest income (NII) (down 0.5% Y/Y) and a slight increase in...
Becerra advanced to the general election after emerging from California’s crowded primary field in the race to succeed Gavin Newsom Xavier Becerra has advanced to the November general election in California’s gubernatorial race, cementing a stunning come-from-behind primary victory in one of California’s most turbulent campaign seasons in recent memory. Election officials are continuing to count b...
Becerra advanced to the general election after emerging from California’s crowded primary field in the race to succeed Gavin Newsom Xavier Becerra has advanced to the November general election in California’s gubernatorial race, cementing a stunning come-from-behind primary victory in one of California’s most turbulent campaign seasons in recent memory. Election officials are continuing to count ballots to determine whether he will face fellow Democratic Tom Steyer or Republican Steve Hilton in the fall. Continue reading...
On May 11, 2026, John E. Kao, Chief Executive Officer of Alignment Healthcare (NASDAQ:ALHC) , reported the indirect sale of 298,000 shares of common stock for a total transaction value of approximately $5.03 million, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average price ($16.93). * 1-year price change calculated using June 4th, 2026 as the reference date...
On May 11, 2026, John E. Kao, Chief Executive Officer of Alignment Healthcare (NASDAQ:ALHC) , reported the indirect sale of 298,000 shares of common stock for a total transaction value of approximately $5.03 million, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average price ($16.93). * 1-year price change calculated using June 4th, 2026 as the reference date. Continue reading
REVIEW PREVIEW NEWSLETTER Record Scratch. The Nasdaq Composite just wrapped its worst day in more than a year. The tech-heavy index sank 4.2%, while the S&P 500 dropped 2.6%, and the Dow Jones Industrial Average fell 695 points, or 1.
REVIEW PREVIEW NEWSLETTER Record Scratch. The Nasdaq Composite just wrapped its worst day in more than a year. The tech-heavy index sank 4.2%, while the S&P 500 dropped 2.6%, and the Dow Jones Industrial Average fell 695 points, or 1.
Wedbush’s Dan Ives says Apple’s WWDC could mark its real entry into consumer AI, with iOS 27 and ecosystem leverage driving a potential monetization shift.
Wedbush’s Dan Ives says Apple’s WWDC could mark its real entry into consumer AI, with iOS 27 and ecosystem leverage driving a potential monetization shift.
Iran and the US have exchanged a series of attacks near the strait of Hormuz, imperilling efforts to reach a peace deal The US military said it shot down four Iranian drones that were launched toward the strait of Hormuz and struck coastal surveillance radar sites in response. “The attack drones posed an immediate threat to regional maritime traffic,” US central command (Centcom) said on social me...
Iran and the US have exchanged a series of attacks near the strait of Hormuz, imperilling efforts to reach a peace deal The US military said it shot down four Iranian drones that were launched toward the strait of Hormuz and struck coastal surveillance radar sites in response. “The attack drones posed an immediate threat to regional maritime traffic,” US central command (Centcom) said on social media. The military is enforcing a blockade on Iranian ports in response to Tehran’s chokehold on the strait – a crucial corridor for global oil and natural gas shipments – which has sent energy prices spiking. Continue reading...
Handy, 81, died after being stabbed, allegedly by Michael Gledhill, whose mother was in relationship with Handy A man has been charged with murder in the stabbing of Jumanji and Top Gun: Maverick actor James Handy, who was in a relationship with the suspect’s mother. Michael Gledhill, 44, was charged after police say officers found the 81-year-old Handy stabbed in the chest and unconscious outside...
Handy, 81, died after being stabbed, allegedly by Michael Gledhill, whose mother was in relationship with Handy A man has been charged with murder in the stabbing of Jumanji and Top Gun: Maverick actor James Handy, who was in a relationship with the suspect’s mother. Michael Gledhill, 44, was charged after police say officers found the 81-year-old Handy stabbed in the chest and unconscious outside his home in Los Angeles on Wednesday. Handy was taken to the hospital and later pronounced dead. Continue reading...
Shares of computer processor maker AMD (NASDAQ:AMD) fell 6.5% in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.
Shares of computer processor maker AMD (NASDAQ:AMD) fell 6.5% in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.