Dozens of Congressional Democrats raised alarm Tuesday over President Trump's rhetoric about Iran. Most Republican lawmakers have been silent. (Image credit: Zayrha Roodriguez)
Dozens of Congressional Democrats raised alarm Tuesday over President Trump's rhetoric about Iran. Most Republican lawmakers have been silent. (Image credit: Zayrha Roodriguez)
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group. (Source: Bloomberg)
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group. (Source: Bloomberg)
In a letter sent last week, ICE's top official indicated to members of Congress the agency is using a spyware tool to intercept encrypted messages of fentanyl traffickers. (Image credit: Octavio Jones)
In a letter sent last week, ICE's top official indicated to members of Congress the agency is using a spyware tool to intercept encrypted messages of fentanyl traffickers. (Image credit: Octavio Jones)
Locally-owned Servpac announces its offering Microsoft Azure Local to Hawaiʻi government, education and businesses, allowing organizations throughout the islands to access Azure's cloud services while keeping data locally in Hawaiʻi to meet regulatory and compliance requirements.
Locally-owned Servpac announces its offering Microsoft Azure Local to Hawaiʻi government, education and businesses, allowing organizations throughout the islands to access Azure's cloud services while keeping data locally in Hawaiʻi to meet regulatory and compliance requirements.
President Trump has announced a two-week ceasefire with Iran, contingent on their opening of the Strait of Hormuz. In an earlier online post, he had threatened "a whole civilization will die tonight."
President Trump has announced a two-week ceasefire with Iran, contingent on their opening of the Strait of Hormuz. In an earlier online post, he had threatened "a whole civilization will die tonight."
ipopba/iStock via Getty Images AppLovin ( APP ) promoted a pair of its employees to key executive positions and announced the appointment of Craig Billings as independent chairman for its board of directors. Basil Shikin , AppLovin's current Chief Technology Officer, will transition into the role of Distinguished Engineer. He will be replaced by Giovanni Ge, AppLovin's current Chief Product and En...
ipopba/iStock via Getty Images AppLovin ( APP ) promoted a pair of its employees to key executive positions and announced the appointment of Craig Billings as independent chairman for its board of directors. Basil Shikin , AppLovin's current Chief Technology Officer, will transition into the role of Distinguished Engineer. He will be replaced by Giovanni Ge, AppLovin's current Chief Product and Engineering Officer. This change will become effective on July 1, 2026. In addition, AppLovin's Chief Legal Officer Victoria Valenzuela plans to retire on Aug. 1, 2026. She is expected to be nominated for election as a director at the company's 2026 Annual Meeting of Stockholders. Corina Cacovean , AppLovin's current Deputy General Counsel for Privacy, Litigation and Regulatory, will become the company's new Chief Legal Officer. Ge joined AppLovin in November 2022 and led the development of Axon 2.0. Cacovean has been part of AppLovin's legal team since 2020. "Basil and Tory have been instrumental in AppLovin's growth," said AppLovin co-founder and CEO Adam Foroughi. "Basil led development of much of our technology stack over the nearly 10 years he was CTO. In his new role, we'll continue to benefit from his perspective as a builder and an innovator. Tory has been a valued business partner, helping guide the company through its IPO and a period of rapid expansion, and we look forward to her presence and expertise in the boardroom." "Craig has been a thoughtful and engaged leader since joining the board," Foroughi added. "I was pleased to recommend he become the chairperson, allowing me to fully focus on strategic execution." More on AppLovin AppLovin's Brutal 2026 Selloff Looks Wrong AppLovin: Axon Keeps Getting Smarter AppLovin: 40% Growth Rate Is Sustainable AppLovin mobile ad dominance is 'real,' but risks evolve: Wedbush Sandisk gains most among S&P500 tech stocks in Q1; AppLovin biggest loser
The Philippine call center industry is a juggernaut, employing over a million and generating billions in revenue. Its workers’ voices are a familiar sound for callers from around the world, the nation’s deep pool of English speakers underpinning the country’s rise into a global hub for customer service outsourcing. Artificial intelligence is shaping up to be a huge disruptive force but another, mo...
The Philippine call center industry is a juggernaut, employing over a million and generating billions in revenue. Its workers’ voices are a familiar sound for callers from around the world, the nation’s deep pool of English speakers underpinning the country’s rise into a global hub for customer service outsourcing. Artificial intelligence is shaping up to be a huge disruptive force but another, more insidious problem is emerging — an education system that’s producing graduates who were never properly taught to read in the first place. Nestor Flores, the chief executive officer of Abba Personnel Services Inc. , a Philippines-based recruitment firm specializing in overseas placements, said the most noticeable gaps are in math and English, particularly in comprehension, grammar, and vocabulary. “We administer a written exam as part of our hiring process. It’s essentially the same exam we’ve used for many years, yet it appears to be more difficult for applicants to pass today,” Flores said. According to a three-year review of the country’s education system that culminated in January with the release of the Second Congressional Commission on Education report, nine in 10 Filipino children can’t read and understand a simple text by age 10. The failure persists throughout high school, leaving millions of students effectively functionally illiterate by the time they graduate. It’s an educational crisis that’s already holding back the potential of the call center-dominated outsourcing industry, Jack Madrid , president of the IT & Business Process Association of the Philippines , said. “Communication is more than just English fluency, it’s comprehension,” Madrid said. “Regardless of whether you’re in health care or banking, you need to be able to comprehend because the type of work our global customers expect from us is problem solving. This is no longer directory assistance.” US outsourcing firm Concentrix Corp ., which has a significant presence in the Philippines, is witnes...
Coinbase Global Inc. , the largest US cryptocurrency exchange, said it plans to expand into equity trading and payments in Australia after receiving a financial services license. The company has been granted an Australian Financial Services License with a retail derivatives authorization by the Australian Securities and Investments Commission, Coinbase said in a statement Wednesday, adding it’s th...
Coinbase Global Inc. , the largest US cryptocurrency exchange, said it plans to expand into equity trading and payments in Australia after receiving a financial services license. The company has been granted an Australian Financial Services License with a retail derivatives authorization by the Australian Securities and Investments Commission, Coinbase said in a statement Wednesday, adding it’s the first crypto exchange to receive this approval directly from ASIC. The firm will initially launch crypto and equity perpetuals trading before looking to expand into futures, options and equity trading and payments, John O’Loghlen , the company’s Asia Pacific managing director, said in an interview. Perpetuals are derivative contracts that don’t expire. He didn’t offer a time-line for the roll-out of the services. “The AFSL is absolutely central to allow us to bring all these things to life” and supports Coinbase’s aspirations to become an “ everything exchange ” that offers multiple services to customers, O’Loghlen said. The push to expand products in Australia comes during a prolonged crypto slump that has wiped more than 40% from largest token Bitcoin since a peak in October, a dynamic that can weaken trading volume and revenue for exchange operators. Coinbase is in talks with several financial services companies in Australia including large banks to explore potential partnerships, O’Loghlen said. The company is also speaking with Australian pensions, he added, alongside its existing push targeting self-managed retirement funds. “We would have received more inquiries from potential commercial partners in the last six months than we have in the last four years,” which reflects “the regulatory roadmap being solidified” and Coinbase’s long-stated intention to apply for a financial services license, O’Loghlen said. Australia is introducing digital-assets legislation that requires exchanges to be licensed and includes penalties of up to 10% of annual turnover for companies f...
Exposing The FBI's Human Experimentation Studies Authored by Ryan Lovelace via Racket News , “You’re only going to create a real problem for an FBI employee if you call ‘em direct this way.” Senior FBI official Thomas Gregory Motta was upset that I dared to call him to talk about the bureau’s hidden experiments on humans. He joined the bureau in 1998 and was promoted to the FBI’s senior ranks near...
Exposing The FBI's Human Experimentation Studies Authored by Ryan Lovelace via Racket News , “You’re only going to create a real problem for an FBI employee if you call ‘em direct this way.” Senior FBI official Thomas Gregory Motta was upset that I dared to call him to talk about the bureau’s hidden experiments on humans. He joined the bureau in 1998 and was promoted to the FBI’s senior ranks nearly 20 years ago. During his tenure, the bureau has grown proficient at snooping on journalists — as documented in a secret government report published by Racket — without having to face their questions. Motta is a decorated FBI veteran, credited with an intelligence community award in 2007 for modernizing the American government’s most important foreign espionage tool and having worked on the secretive “ going dark ” national surveillance program. After internal criticism surfaced more than a decade ago involving the bureau’s experiments on humans, the FBI put Motta in charge of an internal team revamping its approach to human subjects research . In 2023, Motta delivered a presentation detailing the government’s work on secret human experiments, going all the way back to a catastrophic project that saw a CIA scientist drugged with LSD plunging to his death from a hotel room window 70 years earlier. The government labeled his presentation, “NOT AUTHORIZED FOR POSTING ON THE INTERNET.” Here is Motta’s presentation to the Public Responsibility in Medicine and Research conference, posted on Racket in full, with only Motta’s personal information removed: LINK: Fbi Human Subject Research Presentation .pdf Among the types of human experiments undertaken by the FBI, as detailed by Motta, are research involving facial recognition studies and algorithm testing, genetics, violent extremism, interrogation science, and more. What is the bureau’s “oldest, continuous human subject research project?” It involves killers, namely the “Serial Homicide Interviews of Incarcerated Offenders” tha...
Oracle (ORCL) is making a bold push into AI, but it’s doing so while cutting costs. TD Cowen estimates Oracle cut between 20,000 to 30,000 positions, according to a Forbes report, highlighting a shift as the company reallocates resources toward high-priority growth areas like AI infrastructure and ...
Oracle (ORCL) is making a bold push into AI, but it’s doing so while cutting costs. TD Cowen estimates Oracle cut between 20,000 to 30,000 positions, according to a Forbes report, highlighting a shift as the company reallocates resources toward high-priority growth areas like AI infrastructure and ...
JHVEPhoto/iStock Editorial via Getty Images First Trust Nasdaq BuyWrite Income ETF ( FTQI ), the exchange-traded fund that we will be talking about today, has been operational since 2014. It has around $791 million in net assets and invests primarily in the securities of the Nasdaq Composite Index. The ETF's primary aim is to provide current income to its unitholders. Its distributions are made on...
JHVEPhoto/iStock Editorial via Getty Images First Trust Nasdaq BuyWrite Income ETF ( FTQI ), the exchange-traded fund that we will be talking about today, has been operational since 2014. It has around $791 million in net assets and invests primarily in the securities of the Nasdaq Composite Index. The ETF's primary aim is to provide current income to its unitholders. Its distributions are made on a monthly basis and currently yield around 12.26% (market price $20.26, last distribution $0.2070). Based on historical trends, FTQI changes the payout amount every calendar quarter. Seeking Alpha Changes notwithstanding, the yield has comfortably remained in the double digits over the last year. Fund Website If your immediate thought is that the fund cannot possibly distribute this generously by holding equities from the Nasdaq, you get a cookie. You also can rest assured that your thinking is spot on. The primary source of these monthly distributions is the premiums it gets from selling call options on the Nasdaq-100 Index ( NDX ). The premiums received from the sale of call options are expected to the Fund's primary source of income. The Fund does not target a specific income level, but seeks to provide investors with current income primarily from options premiums through writing calls with a notional value of 50-100% of the Fund's assets. Source: Summary Prospectus This is an actively managed fund, with liquidity, market capitalization, market price, and sector playing a role in the equity selection criteria. The overall risk and reward are also factored in before a security becomes an FTQI holding. The top 10 holdings as of April 2 were a little over 40% of the portfolio. Fund Website Apple Inc. ( AAPL ) and NVIDIA Corporation ( NVDA ) lead the pack, followed by Amazon.com, Inc. ( AMZN ), Advanced Micro Devices, Inc. ( AMD ), and Costco Wholesale Corporation ( COST ), rounding out the top 5. Unsurprisingly, close to half the portfolio is invested in Information Techno...
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.059 (+2.10%). Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled sharply higher. Short covering emerged in nat-gas futures on Tuesday due to a cold shift in US weather forecasts, potentially boosting nat-gas heating demand. The Commodity...
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.059 (+2.10%). Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled sharply higher. Short covering emerged in nat-gas futures on Tuesday due to a cold shift in US weather forecasts, potentially boosting nat-gas heating demand. The Commodity...
Portofino Resources ( POR:CA ) intends to undertake a ten-for-one share consolidation. The company currently has ~175,443,899M common shares issued and outstanding and would have ~17.5M post-consolidation shares. All outstanding warrants (~45M) and incentive stock options (~11.5M) would be consolidated on the same basis pursuant to the certificates evidencing such warrants and options. Source: Pre...
Portofino Resources ( POR:CA ) intends to undertake a ten-for-one share consolidation. The company currently has ~175,443,899M common shares issued and outstanding and would have ~17.5M post-consolidation shares. All outstanding warrants (~45M) and incentive stock options (~11.5M) would be consolidated on the same basis pursuant to the certificates evidencing such warrants and options. Source: Press Release More on Portofino Resources Inc. Portofino Resources appoints Rodney Campbell as interim CEO Financial information for Portofino Resources Inc.
The Premier League will have at least five teams in the Champions League next season after securing a European Performance Spot for the second straight year.
The Premier League will have at least five teams in the Champions League next season after securing a European Performance Spot for the second straight year.
NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the quarter and year ended December 31, 2025.
NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the quarter and year ended December 31, 2025.
Ilja Enger-Tsizikov /iStock Editorial via Getty Images To lower operating costs and improve leverage, GoPro ( GPRO ) is restructuring its business, including a workforce reduction of about 145 employees, or roughly 23% of its staff. The job cuts will take place in Q2 and are expected to be substantially completed by the end of this year. As a result of severance payments and healthcare benefits, G...
Ilja Enger-Tsizikov /iStock Editorial via Getty Images To lower operating costs and improve leverage, GoPro ( GPRO ) is restructuring its business, including a workforce reduction of about 145 employees, or roughly 23% of its staff. The job cuts will take place in Q2 and are expected to be substantially completed by the end of this year. As a result of severance payments and healthcare benefits, GoPro ( GPRO ) expects to incur a charge of $11.5M to $15M, including cash expenditures of ~$1.5M in Q2, ~$5.5M to $8M in Q3, and ~$4.5M to $5.5M in Q4. The reorganization comes as the company struggles to earn a profit over the past two years, most recently reporting a loss of $0.02 per share on the lack of any meaningful revenue growth. During the company’s most recent earnings call , GoPro ( GPRO ) founder and CEO Nick Woodman noted the ongoing macroeconomic pressures facing the consumer electronics sector, including tariffs, rising memory costs, and supply constraints. To that end, Woodman said GoPro is “working towards strengthening its operating profitability” and reducing operating expenses to mitigate memory cost increases. GoPro ( GPRO ) shares are down 48% so far this year, underperforming the S&P 500 by 44 percentage points. More on GoPro GoPro: Stronger Profit Execution Offset By Thin Liquidity And Storage Risks GoPro, Inc. (GPRO) Q4 2025 Earnings Call Transcript GoPro Non-GAAP EPS of -$0.02 misses by $0.06, revenue of $201.67M Ambarella cascades due to GoPro's patent victory despite posting solid Q4 results: analysts Seeking Alpha’s Quant Rating on GoPro
AC Immune (NASDAQ: ACIU) isn't a familiar name to many investors, but that might be changing. The Switzerland-based biotech saw its stock zoom nearly 15% skyward on Tuesday, following news of a favorably revised collaboration agreement with a pharmaceutical sector titan within our borders. AC Immune, a clinical-stage biotech that develops precision medicine targeting neurodegenerative disorders, i...
AC Immune (NASDAQ: ACIU) isn't a familiar name to many investors, but that might be changing. The Switzerland-based biotech saw its stock zoom nearly 15% skyward on Tuesday, following news of a favorably revised collaboration agreement with a pharmaceutical sector titan within our borders. AC Immune, a clinical-stage biotech that develops precision medicine targeting neurodegenerative disorders, is currently in a partnership with Eli Lilly . The two companies have a license and collaboration agreement centered on AC Immune's Morphomer platform, from which it aims to develop next-generation treatments for Alzheimer's disease and other neurodegenerative afflictions. Image source: Getty Images. Continue reading
Nvidia stock was down for much of Tuesday but ended the trading session up slightly amid concerns that the Iran war was set to escalate. The stock was down throughout the day after reports that the U.S. had attacked military targets on Kharg Island, from which much of Iran’s oil is exported. News that Alphabet’s Google had signed a long-term contract with Broadcom didn’t seem to have much impact o...
Nvidia stock was down for much of Tuesday but ended the trading session up slightly amid concerns that the Iran war was set to escalate. The stock was down throughout the day after reports that the U.S. had attacked military targets on Kharg Island, from which much of Iran’s oil is exported. News that Alphabet’s Google had signed a long-term contract with Broadcom didn’t seem to have much impact on shares.