blackdovfx China is planning to spend $295B over the next five years aimed at expanding its national data center footprint to accelerate domestic AI developments, Bloomberg reported, citing people familiar with the matter. Key government bodies, including the National Development and Reform Commission, are drafting a blueprint for a nationwide network of interconnected computing hubs. State-owned ...
blackdovfx China is planning to spend $295B over the next five years aimed at expanding its national data center footprint to accelerate domestic AI developments, Bloomberg reported, citing people familiar with the matter. Key government bodies, including the National Development and Reform Commission, are drafting a blueprint for a nationwide network of interconnected computing hubs. State-owned operators such as China Mobile and China Telecom are expected to run most of the new data centers and handle their interconnection, the report added . The plan reportedly aims to rely on domestic suppliers, including Huawei Technologies, for at least 80% of key technologies such as AI chips, effectively reducing the role of Nvidia ( NVDA ) and Advanced Micro Devices ( AMD ). Broadly, the investment represents Beijing's strategic push to establish computing infrastructure independence while fueling its AI ambitions. More on China GXC: Deflation And Unemployment Spiral Risks For China FXI And MCHI: China Is A Perfect Example Of A Value Trap Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce Asia markets mixed on Wall Street tech cues and easing geopolitical tensions China’s May trade surplus hits $105.4B as exports surge 19.4% on AI hardware demand
Newmark Group ( NMRK ) Tuesday said that it has arranged a £325 million loan to refinance 30 Fenchurch Street on behalf of private real estate funds managed by Brookfield. OCBC and Mashreq provided the funding. More on Newmark Group Newmark Group, Inc. (NMRK) Q1 2026 Earnings Call Transcript Newmark raises 2026 outlook to $3.775B-$3.875B in revenue and $1.87-$1.98 in adjusted EPS backed by a stron...
Newmark Group ( NMRK ) Tuesday said that it has arranged a £325 million loan to refinance 30 Fenchurch Street on behalf of private real estate funds managed by Brookfield. OCBC and Mashreq provided the funding. More on Newmark Group Newmark Group, Inc. (NMRK) Q1 2026 Earnings Call Transcript Newmark raises 2026 outlook to $3.775B-$3.875B in revenue and $1.87-$1.98 in adjusted EPS backed by a strong pipeline Newmark Group Q1 2026 Earnings Preview Seeking Alpha’s Quant Rating on Newmark Group Historical earnings data for Newmark Group
pichet_w Powerlaw ( PWRL ) has released its unaudited Net Asset Value (NAV) and NAV per share metrics for the month ended May 31, 2026. At the close of business on May 31, Powerlaw Corp.’s total Net Asset Value reached $662 million. The fund's NAV per share climbed to $15.31, representing a robust 9.6% increase compared to its prior NAV per share of $13.97 reported on May 13, 2026. More on Powerla...
pichet_w Powerlaw ( PWRL ) has released its unaudited Net Asset Value (NAV) and NAV per share metrics for the month ended May 31, 2026. At the close of business on May 31, Powerlaw Corp.’s total Net Asset Value reached $662 million. The fund's NAV per share climbed to $15.31, representing a robust 9.6% increase compared to its prior NAV per share of $13.97 reported on May 13, 2026. More on Powerlaw Corp. Powerlaw: Private Tech, Public Premium SpaceX backer Powerlaw's corporate timeline Powerlaw discloses $117M SpaceX stake as largest portfolio holding
Students locked down in classrooms as emergency services called to Co-op Academy in Blackley A schoolgirl has been arrested after three people were stabbed in a school in Manchester. Students were put into lockdown and told not to leave their classrooms after emergency services were called to the Co-op Academy in Blackley on Tuesday morning. Continue reading...
Students locked down in classrooms as emergency services called to Co-op Academy in Blackley A schoolgirl has been arrested after three people were stabbed in a school in Manchester. Students were put into lockdown and told not to leave their classrooms after emergency services were called to the Co-op Academy in Blackley on Tuesday morning. Continue reading...
Increasing use by retail investors or ‘ants’ of leveraged products to gain fast exposure to market upside is amplifying market volatility on Korea’s rollercoaster exchange.
Increasing use by retail investors or ‘ants’ of leveraged products to gain fast exposure to market upside is amplifying market volatility on Korea’s rollercoaster exchange.
claffra/iStock via Getty Images I have covered Okeanis Eco Tankers Corp. ( ECO ) before , where I outlined the investment case and explained why I considered it an attractive company in the tanker segment. Since then, the company has reported great Q1 results , beating estimates. The company has also managed to get Nissos Keros out of the Strait of Hormuz, freeing the vessel for more lucrative voy...
claffra/iStock via Getty Images I have covered Okeanis Eco Tankers Corp. ( ECO ) before , where I outlined the investment case and explained why I considered it an attractive company in the tanker segment. Since then, the company has reported great Q1 results , beating estimates. The company has also managed to get Nissos Keros out of the Strait of Hormuz, freeing the vessel for more lucrative voyages. Despite this and given the risk of a long Strait of Hormuz closure, I am downgrading the stock to hold. Background Okeanis Eco Tankers is one of the highest-quality crude tanker companies in the public market. Okeanis operates a pure crude tanker fleet consisting of 8 VLCCs and 8 Suezmaxes, all built with eco specifications and fitted with scrubbers, with an average fleet age of approximately six years, the youngest fleet among listed tanker peers. Moreover, the company has two remaining new builds that will be delivered shortly. Nissos Tigani is scheduled for delivery during Q2, while Nissos Vous is expected in July. After that, no additional vessels remain on order. Investor presentation Commercial execution also remains a major differentiating factor for the company and is the best in class in the sector. Management estimates that such outperformance has generated approximately $256 million extra for shareholders versus the peer average rate. This outperformance has been achieved across both VLCCs and Suezmaxes, and, given the quality of the fleet and the team’s consistency, I expect it to continue. Investor Presentation This outperformance allows Okeanis to pay the highest dividends among peers. The dividend policy remains unchanged, and management reiterated its intention to continue with an elevated payout: Absolutely, our capital allocation policy will remain the same. We have been committed to distributing out as much as possible within the constraints of our capital structure, of course. Investor Presentation The Hormuz situation remains a key topic. Nissos K...