(RTTNews) - Siemens AG (SMAWF, SIE.DE, SIEGY), a German technology company, on Monday unveiled the Eigen Engineering Agent, a new industrial AI system that can complete engineering tasks on its own, as part of its 1 billion euros investment in industrial AI.
(RTTNews) - Siemens AG (SMAWF, SIE.DE, SIEGY), a German technology company, on Monday unveiled the Eigen Engineering Agent, a new industrial AI system that can complete engineering tasks on its own, as part of its 1 billion euros investment in industrial AI.
U.K. police said Sunday they are investigating whether a string of arson attacks on Jewish sites in London are the work of Iranian proxies, the latest of which caused minor damage on Saturday night. (Image credit: Jamie Lashmar)
U.K. police said Sunday they are investigating whether a string of arson attacks on Jewish sites in London are the work of Iranian proxies, the latest of which caused minor damage on Saturday night. (Image credit: Jamie Lashmar)
Sheffield's Crucible Theatre was a regional arts centre with a polarising reputation before snooker came along, by chance, to make it a globally famous venue. What makes it so special?
Sheffield's Crucible Theatre was a regional arts centre with a polarising reputation before snooker came along, by chance, to make it a globally famous venue. What makes it so special?
AirTrunk , a data center operator backed by Blackstone Inc. , is buying Lumina CloudInfra to expand in India. The acquisition will give AirTrunk access to Lumina’s development pipeline, contracts and relationships and operating capabilities, according to a statement Monday. That includes about 600 megawatt of planned capacity, representing up to $5 billion of development potential. The companies d...
AirTrunk , a data center operator backed by Blackstone Inc. , is buying Lumina CloudInfra to expand in India. The acquisition will give AirTrunk access to Lumina’s development pipeline, contracts and relationships and operating capabilities, according to a statement Monday. That includes about 600 megawatt of planned capacity, representing up to $5 billion of development potential. The companies didn’t disclose financial terms of the transaction. Lumina, also owned by Blackstone’s funds, is a data center operator in India with facilities in Mumbai, Chennai and Hyderabad. Tech companies are betting on growth in the world’s most populous country, fueled by rising demand for artificial intelligence services in the rapidly digitizing market. AirTrunk operates data centers in Australia, Hong Kong, Japan, Malaysia and Singapore. Blackstone and Canada Pension Plan Investment Board acquired the company for A$24 billion ($16.1 billion) in 2024. After the acquisition of Lumina CloudInfra, AirTrunk will have more than 3.3 gigawatt of operating and planned capacity. “India is one of the largest and fastest growing markets for hyperscale and AI infrastructure worldwide, and expanding in this market is a significant milestone for AirTrunk’s broader APAC strategy,” AirTrunk Founder & CEO Robin Khuda said in the statement.
A new reform push aims to sever the lingering ties between industry groups and the government. https://weekly.caixin.com/2026-04-18/102435452.html Section: Opinion Tags: Economy, Business Related: TWEET: Opinion: Beijing is determined to transform its bloated industry associations from quasi-governmental regulatory hurdles into genuine, market-oriented service providers. HEADLINE: Opinion: China’s...
A new reform push aims to sever the lingering ties between industry groups and the government. https://weekly.caixin.com/2026-04-18/102435452.html Section: Opinion Tags: Economy, Business Related: TWEET: Opinion: Beijing is determined to transform its bloated industry associations from quasi-governmental regulatory hurdles into genuine, market-oriented service providers. HEADLINE: Opinion: China’s Industry Groups Must Serve the Market DECKHEAD: A new reform push aims to sever the lingering ties between the groups and the government
Niphon Phunnu/iStock via Getty Images International stocks continue to perform well. Last year, the ex-US index produced alpha thanks to a sharply falling dollar. Over the past 12 months, however, the greenback is down by only about a percentage point. Still, the Vanguard FTSE All-World ex-US Small-Cap Index ETF ( VSS ) has returned more than 44% YoY, outperforming the Vanguard Total Stock Market ...
Niphon Phunnu/iStock via Getty Images International stocks continue to perform well. Last year, the ex-US index produced alpha thanks to a sharply falling dollar. Over the past 12 months, however, the greenback is down by only about a percentage point. Still, the Vanguard FTSE All-World ex-US Small-Cap Index ETF ( VSS ) has returned more than 44% YoY, outperforming the Vanguard Total Stock Market Index Fund ETF ( VTI ) by about 7 percentage points. I was bullish on VSS back in July of 2025 . Shares are up 21% since then, dividends included, which is about double that of the S&P 500. Today, I reiterate a buy rating on VSS. I'll provide a refreshed look at its fundamentals, valuation, seasonal trends, and technicals. VSS Outperforming the US Stock Market YoY, Dollar Only Slightly Weaker StockCharts.com According to the issuer , VSS provides a convenient way to gain broad exposure to developed and emerging non-U.S. small-cap equity markets worldwide. It aims to track the performance of the FTSE Global Small Cap ex US Index. VSS is a medium-sized ETF, now with $10.6 billion in assets under management as of April 17, 2026. Its annual expense ratio is low at only 6 basis points, while the dividend yield is close to 3%. I'd call out that although the yield shows 0% on Seeking Alpha, the product has paid out about $4.80 in distributions over the last year. In effect, VSS yields more than twice the S&P 500. Share-price momentum has been very strong recently, earning it a solid B+ ETF Grade in that category by Seeking Alpha's quantitative scoring system. In terms of risk , VSS also scores well, with an in-check 14.9% historical realized standard deviation and an annualized volatility figure below 14%. On a forward-looking basis, VSS's implied volatility is currently 20% (slightly higher than the S&P 500's IV). Finally, on liquidity , metrics are mixed. Average daily volume is above 350,000 shares, but the median 30-day bid/ask spread is 12 basis points. So, I'd encourage inve...
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) released its March 2026 revenue figures on April 10, reporting strong growth driven by continued demand for AI-related products. The company posted consolidated revenue of NT$415.19 billion for […]
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) released its March 2026 revenue figures on April 10, reporting strong growth driven by continued demand for AI-related products. The company posted consolidated revenue of NT$415.19 billion for […]
Apple Inc. (NASDAQ:AAPL) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Bloomberg reported on April 13 that Apple Inc. (NASDAQ:AAPL) is currently testing four different designs for its AI-powered smart glasses. The move is aimed at competing with products from Meta Platforms. The designs being explored include a […]
Apple Inc. (NASDAQ:AAPL) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Bloomberg reported on April 13 that Apple Inc. (NASDAQ:AAPL) is currently testing four different designs for its AI-powered smart glasses. The move is aimed at competing with products from Meta Platforms. The designs being explored include a […]
Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Mark Kelley from Stifel Nicolaus cut the firm’s price target on Amazon.com Inc. (NASDAQ:AMZN) from $300 to $294 on April 13. However, he reiterated a Buy rating on the shares. The firm’s adjusted price target suggests an […]
Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Mark Kelley from Stifel Nicolaus cut the firm’s price target on Amazon.com Inc. (NASDAQ:AMZN) from $300 to $294 on April 13. However, he reiterated a Buy rating on the shares. The firm’s adjusted price target suggests an […]
Zimbabwe’s currency is undervalued by almost half, the governor of the central bank said, pointing to the foreign reserves and gold that back the unit. “If we wanted to buy back all the local currency that is in the market using the reserves that we have, we could do that at an exchange rate of around 15” to the dollar, John Mushayavanhu said on Friday. The Zimbabwe Gold currency, known as the ZiG...
Zimbabwe’s currency is undervalued by almost half, the governor of the central bank said, pointing to the foreign reserves and gold that back the unit. “If we wanted to buy back all the local currency that is in the market using the reserves that we have, we could do that at an exchange rate of around 15” to the dollar, John Mushayavanhu said on Friday. The Zimbabwe Gold currency, known as the ZiG, trades at 25 to 28 to the greenback. The governor has faced the difficult task of convincing citizens and businesses that the southern African nation — known for hyperinflation and collapsed currencies — can successfully manage the ZiG. He started in the job just before the unit was introduced two years ago, and has managed to stabilize the exchange rate and bring inflation down to single digits for the first time in nearly three decades. “It’s a function of the confidence of the market in the central bank, and we’re still trying to rebuild that confidence,” Mushayavanhu said in an interview on the sidelines of the spring meetings of the International Monetary Fund and World Bank in Washington. “We had lost it and we’re trying to rebuild it.” Zimbabwe Gold Exports at Risk From Escalating Middle East War Zimbabwe Holds Interest Rates at 35% to Shield CPI Amid Iran War Zimbabwe’s Central Bank Chief Urges Lenders to Reduce Charges More than 90% of the country’s daily trade is still done using the dollar, according to the Confederation of Zimbabwe Industries, a business lobby group, illustrating the ongoing challenge. Zimbabwe’s annual inflation rate stood at 4.4% in March. While that’s up from 3.8% a month earlier, it’s sharply down from more than 50% when Mushayavanhu took office. The central bank held its interest rates at 35% last month, while it gauges the impact of the Iran war and a surge in fuel and fertilizer prices. Mushayavanhu said forecasts that a strong El Niño — which often brings severe drought to southern Africa — will arrive by the end of the year, along wit...