China is rapidly advancing an “AI Plus” revolution in electronic warfare to redefine how militaries communicate, jam and dominate the electromagnetic spectrum, according to industrial experts. In a paper published last month, they argued that by fusing artificial intelligence (AI) with the very physics of radio wave propagation, China could win a “new form of war” where communications and radars a...
China is rapidly advancing an “AI Plus” revolution in electronic warfare to redefine how militaries communicate, jam and dominate the electromagnetic spectrum, according to industrial experts. In a paper published last month, they argued that by fusing artificial intelligence (AI) with the very physics of radio wave propagation, China could win a “new form of war” where communications and radars are faster, smarter and far more resilient than anything fielded today. Their findings were published in the Chinese journal Command Control and Simulation on April 29. Advertisement The team is led by senior engineer Li Fukai with the China Academy of Electronics and Information Technology and the National Key Laboratory of Electromagnetic Wave Propagation, top-tier defence research and development institutes directly involved in national strategic programmes. For decades, electronic warfare has been about jamming , spoofing and intercepting signals. But in an era where drones swarm and hypersonic missiles dictate the action, traditional methods are struggling to cope with the chaos of dynamic, unpredictable signal environments. Advertisement
Major earnings expected before the bell on Tuesday include: AutoZone ( AZO ) Ituran Location and Control Ltd. ( ITRN ) Xiaomi Corporation ( XIACF ) Pony AI ( PONY ) Elbit Systems Ltd. ( ESLT ) Other earnings slated for release before Tuesday's open include: MNSO , SKY , VNET For Seeking Alpha's full earnings season calendar, click here .
Major earnings expected before the bell on Tuesday include: AutoZone ( AZO ) Ituran Location and Control Ltd. ( ITRN ) Xiaomi Corporation ( XIACF ) Pony AI ( PONY ) Elbit Systems Ltd. ( ESLT ) Other earnings slated for release before Tuesday's open include: MNSO , SKY , VNET For Seeking Alpha's full earnings season calendar, click here .
is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid. Nearly four years after the last version of Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They loo...
is a senior reporter who’s been covering and reviewing the latest gadgets and tech since 2006, but has loved all things electronic since he was a kid. Nearly four years after the last version of Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They look very similar to their predecessors, the Momentum 4, with large ear cups and a design that doesn’t quite stand out from the competition. But under the hood there are welcome upgrades, including improved ANC and, for the first time, a user-replaceable battery to extend their life. The Momentum 5 Wireless will be available starting on June 30th for $399.99, a $50 price bump over the Momentum 4. The headphones feature the same 42mm drivers as the Momentum 3 and 4 models, but Sennheiser is introducing “Hi-Res Audio certification” and expanding the Momentum 5’s Bluetooth codec support to include AptX Lossless. That allows the headphones to stream 16-bit/44.1kHz CD-quality sound, but only from devices with a Qualcomm processor supporting that codec through the Snapdragon Sound platform. Smartphones from Sony and Motorola should be compatible, however Samsung, Google, and Apple devices won’t be. The Momentum 5 Wireless will be available in black, white, and denim (blue) color options. Image: Sennheiser Sennheiser has also doubled the number of microphones on the Momentum 5, which now feature four on each side to improve noise cancellation. The company claims its latest headphones are up to three times more effective at reducing the sound of voice chatter and the drone experienced in airplane cabins. The upgraded ANC and added mics also help improve call quality, both when it comes to picking up your voice and ensuring you can hear the person you’re talking to. The Momentum 5’s battery life lasts up to 57 hours. It’s a small hit from the Momentum 4’s 60 hours, but still nearly dou...
The US Justice Department has again asked a federal judge to lift an injunction holding up progress on President Donald Trump’s ballroom project, saying Saturday’s shooting outside the White House showed an urgent need for improved security. The Justice Department, in a five-page court filing on Sunday, said the incident underscores the critical need for “top level, state of the art security at...
The US Justice Department has again asked a federal judge to lift an injunction holding up progress on President Donald Trump’s ballroom project, saying Saturday’s shooting outside the White House showed an urgent need for improved security. The Justice Department, in a five-page court filing on Sunday, said the incident underscores the critical need for “top level, state of the art security at the White House, including the ballroom”, adding that it was vital for national security. It also asks for the lawsuit challenging the project to be dismissed. The court filing stated: “This is a terrible, tremendously harmful case to the United States of America, and all it stands for!” Advertisement US District Judge Richard Leon, an appointee of former president George W. Bush sitting in Washington, ruled in April that Trump lacked legal authority to build the ballroom without congressional approval. Leon issued an injunction that halted “above-ground construction of the planned ballroom”, but his order was quickly put on hold by an appeal court. Construction has continued. Advertisement The Justice Department had previously asked Leon to dissolve his injunction and throw out the lawsuit over the ballroom after a foiled attack at the White House Correspondents’ Association dinner in April. Leon has not acted on that request.
瑞典超|艾夫斯堡1比1逼和赫根 保5月不敗走勢 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】瑞典超級足球聯賽,黃衫艾夫斯堡主場1比1逼和赫根。 辛尼利彈給侯治,壓入禁區找到卡馬拉,後腳差點尺寸。聯賽第4鬥第3,...
瑞典超|艾夫斯堡1比1逼和赫根 保5月不敗走勢 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】瑞典超級足球聯賽,黃衫艾夫斯堡主場1比1逼和赫根。 辛尼利彈給侯治,壓入禁區找到卡馬拉,後腳差點尺寸。聯賽第4鬥第3,守衛走甩連迪貝治,幾乎失守,門將彼達臣落地快擋走。 艾夫斯堡都是先落後一隊,拿尤尼精準傳送,施拿斯安達臣頂入,41分鐘赫根領先。這位21歲中場,攻入今季聯賽第二球。 主隊換邊後又有危機,門將彼達臣及時封位,沒收連迪格倫的攻門。踏入5月1勝3和,艾夫斯堡最終都保住不敗走勢。伊拿無射門空間,還有奧斯文,67分鐘的入球,為艾夫斯堡逼和1比1完場。
Key findings for Axs 1.25x Nvda Bear Daily Etf (NASDAQ: NVDS) Near-Term Strong Sentiment Could Begin to Challenge Persistent Mid and Long-Term Weakness A mid-channel oscillation pattern is in play. Exceptional 66.4:1 risk-reward short setup targets 20.4% downside vs 0.3% risk Signals: 18.16 · 21.00 · 22.81 · 27.57 (bold = current price) 18.16 · · 22.81 · 27.57 Weak Sentiment is prevailing thus far...
Key findings for Axs 1.25x Nvda Bear Daily Etf (NASDAQ: NVDS) Near-Term Strong Sentiment Could Begin to Challenge Persistent Mid and Long-Term Weakness A mid-channel oscillation pattern is in play. Exceptional 66.4:1 risk-reward short setup targets 20.4% downside vs 0.3% risk Signals: 18.16 · 21.00 · 22.81 · 27.57 (bold = current price) 18.16 · · 22.81 · 27.57 Weak Sentiment is prevailing thus far — See current SIGNALS for positioning and risk parameters. Institutional Trading Strategies Our AI models have generated three distinct trading strategies tailored to different risk profiles and holding periods. Each strategy incorporates sophisticated risk management parameters designed to optimize position sizing and minimize drawdown risk. Position Trading Strategy LONG Entry Zone $18.16 Target $22.81 Stop Loss $18.11 Momentum Breakout Strategy BREAKOUT Trigger $22.81 Target $27.57 Stop Loss $22.75 Risk Hedging Strategy SHORT Entry Zone $22.81 Target $21.67 Stop Loss $22.88
懸崖跳水全球系列賽展開 英國希斯立印尼站封王 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】懸崖跳水全球系列賽展開,英國的希斯立印尼站封王。 在峇里島一決高下,2024年總冠軍希斯立決賽完成4跳,得到419.85...
懸崖跳水全球系列賽展開 英國希斯立印尼站封王 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】懸崖跳水全球系列賽展開,英國的希斯立印尼站封王。 在峇里島一決高下,2024年總冠軍希斯立決賽完成4跳,得到419.85分,贏意大利的柏利迪斯40.15分。受傷患困擾,休戰一年半,希斯立復出戰就贏得冠軍。 澳洲的伊夫蘭女子組稱后,這位9屆總冠軍決賽造出345.55分,15.85分力壓加拿大的卡爾臣奪冠,下站在美國佛羅里達州上演zxad
老撾山洞暴雨坍塌 7人被困近一周生死未明 泰國睡美人洞救援專家馳援搜救 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】老撾中部一個山洞,因為暴雨引發水浸和山泥傾瀉,有7人被困接近一周、生死未明。八年前曾參與拯救被...
老撾山洞暴雨坍塌 7人被困近一周生死未明 泰國睡美人洞救援專家馳援搜救 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】老撾中部一個山洞,因為暴雨引發水浸和山泥傾瀉,有7人被困接近一周、生死未明。八年前曾參與拯救被困山洞泰國少年足球隊的潛水專家,亦加入救援。 在山洞內,潛水員嘗試摸黑進入洞穴搜救。由於通道狹窄,他們只能攜帶頭燈、繩索等簡單裝備。洞穴內部分位置被泥水淹浸,只有約60厘米高的呼吸空間。連日暴雨水位不斷上漲,洪水夾雜山泥和碎石流入山洞,嚴重阻礙救援行動。山洞的通道其中一個轉折位置,角度約45度,增加救援人員進入的難度。潛水員至今只能抵達,相信和被困人士距離約40米的位置,仍未能和他們聯絡。 在山洞外,搜救隊亦在洞穴放置水泵抽走積水。事發在老撾賽宋奔省,一群村民為尋找黃金和狩獵,上周三進入洞穴。但突如其來的暴雨引發山泥傾瀉,堵塞出入口。同行成功脫險的一人通報有7人被困,所在位置高於水位,相信仍然生還;另有三人在洞穴附近的山泥傾瀉中死亡。當局在涉事的山洞外,設置帳篷讓救援人員休息。 鄰國泰國派出20多人參與救援,包括兩名泰國和一名芬蘭的潛水專家。他曾參與2018年被困山洞少年足球隊的救援,當時12名男孩和他們的教練被困在清萊府一個洞穴,兩個多星期後獲救,期間有兩名救援人員死亡。
"It Should Be Studied": RFK Jr Says 'Trump Derangement Syndrome Is 'A Real Thing' Authored by James Howard Kunstler, For The Honored Dead “I told my staff today that we need an ICD code for Trump Derangement Syndrome, because it is a real thing … It should be studied.” - Robert F. Kennedy, Jr As of this holiday morning, America is informed that the negotiations between the US and Iran may take sev...
"It Should Be Studied": RFK Jr Says 'Trump Derangement Syndrome Is 'A Real Thing' Authored by James Howard Kunstler, For The Honored Dead “I told my staff today that we need an ICD code for Trump Derangement Syndrome, because it is a real thing … It should be studied.” - Robert F. Kennedy, Jr As of this holiday morning, America is informed that the negotiations between the US and Iran may take several more days to resolve. You better believe that Iran is going to make a deal. One way or another, they will give up their stash of sixty-percent enriched uranium. Nobody believes they would not attempt to make bombs with it, especially Mr. Trump. So, Iran will not be going back to whatever is considered normal life until they agree to give it up, and then make it happen. Iran is like a demon-possessed teenager with a firearm getting its head banged into the sidewalk. What part of give-it-up don’t you understand? The news media apparently forgot what it broadcast a couple of weeks ago : Iran’s oil storage capacity was nearing the red-line. If the wells have to be shut-in, such is the geology that it would wreck the oil fields themselves. Perhaps this is happening now. Nobody is reporting on it. But the news media doesn’t really report on anything. It opines. It spins. It constructs story-lines for advantage, it gaslights, it perverts the consensus about reality out of existence, it just plain lies. If Iran is jerking the US around again, this will be the last time. They will prove to be negotiation-incapable , as the Russian phrase goes. They will punch their own express ticket back to the 12th century, lights out, bridges down across the rugged terrain, back to donkey carts, magic lamps, and vizeers instead of mullahs. Why does America’s lefty-left beat its drum for an Iranian victory when 1) it’s not happening, and 2) it’s hardly in the interest of Western Civ for anything like that to happen? You can conclude that they hate and despise Western Civ, especially anything ...
Key Points Capital One bought Discover, allowing the credit card giant to enter the transaction processing space. A secondary benefit of the deal is the elimination of redundant back-office operations. 10 stocks we like better than Capital One Financial › Capital One Financial (NYSE: COF) dramatically changed its business model by acquiring payment processor Discover. The big benefit of the deal i...
Key Points Capital One bought Discover, allowing the credit card giant to enter the transaction processing space. A secondary benefit of the deal is the elimination of redundant back-office operations. 10 stocks we like better than Capital One Financial › Capital One Financial (NYSE: COF) dramatically changed its business model by acquiring payment processor Discover. The big benefit of the deal is the more consistent revenue provided by payment processing, but there are other positives, too. For example, capitalizing on operating synergies in the card business will begin in July. Capital One is basically cutting costs Processing payments is a revenue story, and an important one. Collecting small fees every time a retailer processes a transaction generates consistent income for Capital One. That will provide a more reliable foundation for the business, which tends to focus on lending to higher-risk customers. This could be an important ballast for the business during recessions. But buying Discover isn't just about revenue; it's also about costs. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Discover processes payments, but it also issues credit cards. Capital One, which has its own credit cards, doesn't want to manage two separate credit card businesses because many functions will be redundant. That said, managing a financial services business is complex, and big mistakes aren't an option. The financial services giant can't rush the card integration effort. Starting in July 2026, Capital One will start migrating Discover cards to its own back-office platform. The methodical migration of Discover's card portfolio is expected to take until early 2027. The benefits Discover cardholders currently have shouldn't change dramatically, but they will be required to set up accounts with Capital One. That...
Key Points Johnson & Johnson is a leader in the pharmaceutical and medical device markets. Consumers don't usually have many choices when it comes to their medical care. 10 stocks we like better than Johnson & Johnson › Procter & Gamble (NYSE: PG) runs a great consumer staples business, and it is a Dividend King. But there's a nuance to consider when you look at the stock. And that not-so-small de...
Key Points Johnson & Johnson is a leader in the pharmaceutical and medical device markets. Consumers don't usually have many choices when it comes to their medical care. 10 stocks we like better than Johnson & Johnson › Procter & Gamble (NYSE: PG) runs a great consumer staples business, and it is a Dividend King. But there's a nuance to consider when you look at the stock. And that not-so-small detail is why Johnson & Johnson (NYSE: JNJ) could be one of the best Dividend Kings to buy today. Here's what you need to know. There is a lot of variety on the Dividend King list To become a Dividend King, a company must increase its dividend annually for at least 50 consecutive years. That's an incredible feat. A company can't produce that kind of consistency by accident. It requires a strong business model that is executed well in both good times and bad times. To be fair, many have done just that, with the current list including more than 50 companies. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » There are many types of businesses on the list, including industrials, utilities, financials, consumer staples, and healthcare, among others. That said, each business has its own dynamics. For example, industrial stocks have a history of being cyclical. Given today's market uncertainty, with some on Wall Street worried that inflation could lead to a recession, long-term investors should probably think carefully before buying a stock just because it is a Dividend King. Essentially, you may want to focus on companies with products that sell well regardless of the economic environment. The go-to is often consumer staples companies, like Procter & Gamble. You aren't going to stop buying deodorant or soap. The company is one of the world's largest consumer staples companies, and it is generally considered an indu...
Key Points Pfizer is offering investors a huge 6.6% dividend yield. The pharmaceutical giant isn't hitting on all cylinders, but dividend investors shouldn't abandon the company yet. 10 stocks we like better than Pfizer › Pfizer (NYSE: PFE) is facing patent expirations for some of its biggest drugs. That's normal for a pharmaceutical company, but Pfizer doesn't appear to have any major new drugs t...
Key Points Pfizer is offering investors a huge 6.6% dividend yield. The pharmaceutical giant isn't hitting on all cylinders, but dividend investors shouldn't abandon the company yet. 10 stocks we like better than Pfizer › Pfizer (NYSE: PFE) is facing patent expirations for some of its biggest drugs. That's normal for a pharmaceutical company, but Pfizer doesn't appear to have any major new drugs to replace those losing patent protection. The big hit is likely to come from cardiology drugs Eliquis and Vyndaqel, which lose patent protections in 2028. Those upcoming patent expirations are a major reason Wall Street is so downbeat on Pfizer's stock today. But that could be an opportunity for long-term dividend investors who don't mind taking on a little extra risk for a lot of extra yield. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Pfizer's yield is huge and looks reasonably safe One of the big problems for pharmaceutical companies is that patent expirations happen on a set schedule, but drug development doesn't. So there can be a mismatch between the revenue lost during a patent expiration and the revenue from new drugs. It seems likely that Pfizer will face revenue headwinds through at least 2028 before it starts to grow its business again. The story gets even more troubling when you consider that the payout ratio is well over 100%, sitting at 130% at the end of the first quarter of 2026. There's a good reason for investors to be worried about Pfizer's lofty 6.6% yield. However, dividends are paid out of cash flow, not earnings. So Pfizer can use debt or cash on its balance sheet to support the dividend until its earnings improve. Notably, the cash dividend payout ratio, which compares the dividend to cash flow, is hovering around 100%. The financial impact of dividends appears on the cash flow...
Earlier on Monday, thousands of City fans lined the streets of Manchester to bid a final farewell to the departing Guardiola. This season's successful men's, women's and academy teams were driven on buses to Etihad Stadium, where they were greeted by a waiting crowd, before the entourage made its way to Co-Op Live for the 'after party'. All three teams celebrated their trophy victories on stage, w...
Earlier on Monday, thousands of City fans lined the streets of Manchester to bid a final farewell to the departing Guardiola. This season's successful men's, women's and academy teams were driven on buses to Etihad Stadium, where they were greeted by a waiting crowd, before the entourage made its way to Co-Op Live for the 'after party'. All three teams celebrated their trophy victories on stage, with City women's striker Khadija Shaw making the shock announcement that she has signed a new four-year contract to remain at the club. Guardiola's three children, former captain Fernandinho, ex-sporting director Txiki Begiristain and goalkeeper Ederson, who left last summer, helped bring out all 20 trophies won under Guardiola. Surprise appearances made by current Bayern Munich boss Kompany and midfielder Jack Grealish, who spent season-long loan spell at Everton, were loudly cheered by those in attendance. Guardiola said goodbye for the final time in an interview with Oasis star Noel Gallagher. "First of all, thank you so much for coming tonight to say bye," said Guardiola. "I feel tonight that really shows the connection this club has. [City chairman] Khaldoon Al Mubarak and all the people and all the City fans that were connected from the first minute. "Thank you so much, I don't have enough gratitude. Always, for the rest of my life, I will have you in my heart." Tributes were also paid to captain Bernardo Silva and defender John Stones, who will also be leaving the club this summer upon the expiry of their contracts. Striker Erling Haaland said on stage: "It has been a pleasure to play with Bernardo and John - and of course Pep. "We won a lot of trophies and I have happy to play with Bernardo and John because they are amazing footbalters but even better people deep down. "It has been an amazing journey, but we need to keep pushing and fighting even without them."
歐洲多國受熱浪侵襲 英法破5月最高溫紀錄 英國氣溫比往常高出10至20度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】歐洲多國受熱浪侵襲,英國同法國都超過34度,刷新5月最高溫紀錄,預料酷熱天氣會持續數日。 只...
歐洲多國受熱浪侵襲 英法破5月最高溫紀錄 英國氣溫比往常高出10至20度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】歐洲多國受熱浪侵襲,英國同法國都超過34度,刷新5月最高溫紀錄,預料酷熱天氣會持續數日。 只是5月底,英國倫敦已經熱辣辣,民眾要出盡法寶消暑,帶備水樽裝水、補充水份,或者手拿一杯涼浸浸的冰凍飲品,當然少不了雪糕,不少雪糕店前築起長長的人龍。英國廣泛地區遭遇熱浪,氣象部門表示,倫敦西部的皇家植物園邱園,錄得34.8度的高溫,打破歷來5月最高溫紀錄;威爾士弗林特郡機場附近,氣溫亦高達32.2度。 天氣酷熱適逢公眾假期,不少人到泳池及海灘避暑,周圍迫滿暢泳和曬太陽的人潮,或玩其他水上活動,毛孩都忍不住下水濕身。由於高溫引致用水量急增,東南部有約500戶供水受影響。英國廣泛地區自上周五起,已發出酷熱天氣健康警告,氣溫比往常高出10多至20度,預測部分英格蘭地區周二會再升上35度。 法國同樣連日受熱浪侵襲,巴黎民眾躲在樹蔭下野餐、乘涼,室外顯示氣溫達34度。周日在巴黎郊區舉行的10公里跑步賽事,至少有十名參賽者身體不適送院,一人心臟病發死亡。法國氣象部門發布高溫預警,部分地區達到第二高的橙色級別,是2004年啟用預警系統以來,首次在5月發出警示。
is a senior tech and policy editor focused on online platforms and free expression. Adi has covered virtual and augmented reality, the history of computing, and more for The Verge since 2011. After months of teasers, Ferrari is offering the first full view of its Luce electric vehicle. The Luce is notable not just for being Ferrari’s first EV, but for being designed in collaboration with Jony Ive ...
is a senior tech and policy editor focused on online platforms and free expression. Adi has covered virtual and augmented reality, the history of computing, and more for The Verge since 2011. After months of teasers, Ferrari is offering the first full view of its Luce electric vehicle. The Luce is notable not just for being Ferrari’s first EV, but for being designed in collaboration with Jony Ive and Mark Newson at their collective LoveFrom. It’s also going to be Ferrari’s second four-door car and its first five-seat one. We already knew Ive and Newson were working on the Luce’s interiors, which were shown off earlier this year. Now Ferrari says LoveFrom was allowed to “define the design direction of the project from the outset,” inside and out. Previous Next 1 / 3 Image: Ferrari Tim Stevens reporting for Engadget offers a few firsthand impressions of the car, which he describes as feeling more like an SUV than a traditional sports car. He wasn’t able to try out fully functioning interior controls or get a test drive, but he notes that with four motors and 1,035 horsepower, it ought to be set up for success. He did offer praise for the car’s sound, which apparently picks up and amplifies vibrations from the rear motors instead of being fully synthesized like many EVs. And he mentions that while there’s no US price set, it will start at €550,000 in Italy, making it the most expensive Ferrari yet.
SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Ariel Investments’ 13F stock portfolio on a quarterly basis. It is based on Ariel Investments’ regulatory 13F Form filed on 05/14/2026. John Rogers’ 13F portfolio value decreased from $9.26B to $8.93B this quarter. The portfolio is diversified with recent 13F reports showing aroun...
SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Ariel Investments’ 13F stock portfolio on a quarterly basis. It is based on Ariel Investments’ regulatory 13F Form filed on 05/14/2026. John Rogers’ 13F portfolio value decreased from $9.26B to $8.93B this quarter. The portfolio is diversified with recent 13F reports showing around 150 positions. There are 32 securities that are significantly large (more than ~1% of the portfolio each) and they are the focus of this article. The largest five stakes are at ~18% of the portfolio. Please visit our Tracking John Rogers’ Ariel Investments Portfolio series to get an idea of their investment philosophy and our last update for the fund’s moves during Q4 2025. Their flagship mutual fund is the Ariel Fund ( ARGFX ) incepted in 1986. Ariel Fund has a lifetime annualized return of 10.67% compared to 10.72% for the Russell 2500 Index and 11.04% for the S&P 500 Index. The other mutual funds in the group are Ariel Appreciation Fund ( CAAPX ), Ariel Focus Fund ( ARFFX ), Ariel International Fund ( AINTX ), and Ariel Global Fund ( AGLOX ). They also co-manage the Schwab Ariel Opportunities Fund ETF ( SAEF ). Stake Increases: OneSpaWorld Holdings ( OSW ): The ~4% OSW stake was built during the two quarters through Q2 2025 at prices between ~$14 and ~$23. This quarter saw a ~10% stake increase at prices between ~$19 and ~$23.50. The stock is now just above those ranges at ~$24. Jones Lang LaSalle ( JLL ) : The 3.49% JLL position is a very long-term position first purchased in 2001. Next year saw a huge stake build-up at prices between ~$14.50 and ~$25. The position had seen selling since 2004. The bulk of the selling happened in 2006 at prices between ~$55 and ~$93. Recent activity follows. There was a ~8% trimming during Q2 2024 at prices between ~$173 and ~$212. The next quarter also saw a ~12% reduction at prices between ~$199 and ~$272. There was similar selling d...
Parents of nursery children in England are being charged extra fees to cover for government underfunding of free childcare hours, with some paying thousands of pounds a year for consumables such as food, wipes and nappies, campaigners have said. The comments came as the education secretary, Bridget Phillipson, asked the competition watchdog to investigate hidden extra charges that parents have enc...
Parents of nursery children in England are being charged extra fees to cover for government underfunding of free childcare hours, with some paying thousands of pounds a year for consumables such as food, wipes and nappies, campaigners have said. The comments came as the education secretary, Bridget Phillipson, asked the competition watchdog to investigate hidden extra charges that parents have encountered when trying to access government-funded childcare. Eligible working parents in England can get 30 hours a week of free childcare for children aged between nine months and four years old. But the Department for Education (DfE) has said “too many” parents have reported being asked to pay more to secure a funded place, including on waiting-list deposits, compulsory add-ons and additional hours. According to a survey conducted in May and June last year, nearly three-quarters of parents whose children were attending formal childcare reported having to pay for extras, including covering meals, drinks, snacks, nappies and sun cream, as well as one-off activities such as special outings. “It’s a cross-subsidy,” Neil Leitch, the chief executive of the Early Years Alliance, an educational charity, told BBC Radio 4’s Today programme on Monday, as he sought to illustrate the scale of the problem for childcare providers – and the extent to which some were passing it on to parents. According to one parent, Rick Kelsey, writing in the Times last year, as much as £16 a day – amounting to thousands of pounds a year for a child in nursery full-time – was being charged on top of the standard fees. “I would love to see a toddler eat £16-worth of chicken nuggets and Babybel cheese before pickup,” Kelsey said. Referring to the article, Leitch acknowledged it was “not £16 per lunch. This is a cross-subsidy, basically.” The results of the Ipsos poll last summer, which surveyed 2,000 parents of children up to four years old, suggested that more than a quarter found the cost of childcare wa...
Mexican President Claudia Sheinbaum said on Monday that she has “no issue” with her country hosting Iran’s World Cup team after its training base was moved from the United States to Mexico for the summer soccer competition. The team will still play its group stage matches in the US but its base has been moved to Tijuana, Mexico, just south of San Diego, California, a move that Iran’s football fede...
Mexican President Claudia Sheinbaum said on Monday that she has “no issue” with her country hosting Iran’s World Cup team after its training base was moved from the United States to Mexico for the summer soccer competition. The team will still play its group stage matches in the US but its base has been moved to Tijuana, Mexico, just south of San Diego, California, a move that Iran’s football federation announced recently and that was formally confirmed by Fifa , the sport’s governing body, on Monday. Moving the training base comes against the backdrop of the war in Iran, which the US and Israel launched on February 28. Advertisement Sheinbaum said at a news conference on Monday that she was told by a Fifa representative the US was reluctant to have the Iranian football team spend time outside the games on US territory. “The United States doesn’t want the Iranian national team to stay overnight in the United States,” Sheinbaum told reporters. She said a Fifa representative had then asked if they can stay overnight in Mexico Advertisement “And we said yes, no problem. We have no issue with that,” Sheinbaum said. Iran’s football team is scheduled to play matches in Inglewood, California, against New Zealand on June 15 and against Belgium six days later, before facing Egypt on June 26 in Seattle.