Arjun Sethi, Co-CEO of Kraken, joins Tim Stenovec on "Bloomberg Crypto." They discuss Kraken's potential IPO, layoffs, and their partnership with FIFA for the upcoming World Cup (Source: Bloomberg)
Arjun Sethi, Co-CEO of Kraken, joins Tim Stenovec on "Bloomberg Crypto." They discuss Kraken's potential IPO, layoffs, and their partnership with FIFA for the upcoming World Cup (Source: Bloomberg)
The artificial intelligence (AI) revolution has boosted several semiconductor players into the realm of trillion-dollar giants. Most recently, Micron Technology (NASDAQ: MU) and its South Korean peers, SK Hynix and Samsung, have joined that exclusive club (though SK Hynix has already slipped back out of it). Investors who were paying attention to Micron's explosive run understand the pattern: A su...
The artificial intelligence (AI) revolution has boosted several semiconductor players into the realm of trillion-dollar giants. Most recently, Micron Technology (NASDAQ: MU) and its South Korean peers, SK Hynix and Samsung, have joined that exclusive club (though SK Hynix has already slipped back out of it). Investors who were paying attention to Micron's explosive run understand the pattern: A sudden surge of insatiable demand for a critical component within the AI chip stacks collides with limited production capacity, leading to a shortage of supply -- sending prices for those components skyward, and the stock prices of the companies that provide them straight up. Now the question is being asked about Marvell Technology (NASDAQ: MRVL) : Can it ride the next leg of the AI infrastructure supercycle upward in a similar fashion to Micron? Continue reading
Ripple (CRYPTO:XRP) is down 3% over the past 24 hours to $1.14, deepening its losses for 2026 so far. The token is now down 38% year-to-date, putting the psychologically important $1 level uncomfortably close to the current price. The slide fits a broader crypto drawdown rather than a Ripple-specific catalyst. Bitcoin (CRYPTO:BTC) is down 30% ... Ripple (XRP) Is Down 38% in 2026. Will It Break Bel...
Ripple (CRYPTO:XRP) is down 3% over the past 24 hours to $1.14, deepening its losses for 2026 so far. The token is now down 38% year-to-date, putting the psychologically important $1 level uncomfortably close to the current price. The slide fits a broader crypto drawdown rather than a Ripple-specific catalyst. Bitcoin (CRYPTO:BTC) is down 30% ... Ripple (XRP) Is Down 38% in 2026. Will It Break Below $1 This Year?
Bjoern Wylezich/iStock via Getty Images NioCorp Developments ( NB ) up 1.2% in Tuesday's trading as B. Riley initiates coverage with a Buy rating and $12 price target, pointing to the company's Elk Creek critical minerals project in Nebraska it says is one of the most technically de-risked critical minerals development projects in the U.S. Yet NioCorp ( NB ) shares trade at a meaningful discount t...
Bjoern Wylezich/iStock via Getty Images NioCorp Developments ( NB ) up 1.2% in Tuesday's trading as B. Riley initiates coverage with a Buy rating and $12 price target, pointing to the company's Elk Creek critical minerals project in Nebraska it says is one of the most technically de-risked critical minerals development projects in the U.S. Yet NioCorp ( NB ) shares trade at a meaningful discount to its $2.35B after-tax 2022 feasibility net present value, which B. Riley analyst Nick Giles attributes to a market view of financing risk that is much closer to resolution than current pricing implies. Giles sees several distinct catalysts in the near- to medium-term that should support a strong re-rating in NioCorp ( NB ) shares: an updated feasibility study that includes revised capex estimates and rare earths economics; the conversion of commercial agreements, primarily with Traxys, from non-binding to binding; continued progress with the Export-Import Bank on the pathway to $780M in debt financing; and continued execution of early development activities at site. NioCorp's ( NB ) $780M debt application has cleared all major Ex-Im review stages since 2023 and appears well-positioned to receive final board authorization in the coming months, but the market still treats authorization as speculative, Giles says; rather, it is "a re-rating event that would shift the framework from a discounted pre-production NPV to a construction-stage project with a known capital structure and contracted revenue." More on NioCorp Developments NioCorp Developments: Offtake Agreement And Potential $800 Million Financings Validate The Bull Case NioCorp Developments: Still The Prosperous Mining Investment I Saw Last Year Seeking Alpha's Quant Rating on NioCorp Developments
Workers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s first World Cup football match. Members of Unite Here Local 11 had authorized the action after contract negotiations faltered with Legends Global , the subcontractor managing food and beverage services at the venue. The union represents about 2,0...
Workers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s first World Cup football match. Members of Unite Here Local 11 had authorized the action after contract negotiations faltered with Legends Global , the subcontractor managing food and beverage services at the venue. The union represents about 2,000 food-service workers at SoFi, including bartenders, dishwashers, cooks and concession workers. Details of the agreement, which was confirmed by union and management representatives, weren’t immediately available. The workers had been calling for higher wages and protections to keep their personal information from being shared with immigration authorities. “We are pleased to have reached an agreement with Unite Here Local 11 and look forward to delivering an outstanding hospitality experience for fans at the FIFA World Cup matches at Los Angeles Stadium (SoFi Stadium),” according to a statement emailed by Legends Global. The US men’s national team will play Paraguay in its first World Cup match on June 12, with tickets currently starting at $2,000. The next match in Los Angeles is scheduled for June 15, featuring Iran and New Zealand. Los Angeles County Sheriff Robert Luna has said that Immigration and Customs Enforcement agents would assist with stadium security during World Cup matches. “But in regards to civil immigration enforcement, they told us that specifically will not be occurring at any of the games.” Luna said at the press conference. “I have trust that they’re giving me the appropriate information because if that starts occurring, we’re going to have a whole new host of problems.” The labor dispute unfolded against a backdrop of heightened tensions over immigration enforcement. President Donald Trump ordered federal troops to Los Angeles last June against the wishes of Mayor Karen Bass and California Governor Gavin Newsom to quell protests against raids by imm...
A healthcare REIT specializing in senior housing and skilled nursing saw a notable insider make his fifth share purchase over the past 13 months. David M. Boitano, Executive Vice President and Chief Investment Officer of LTC Properties (NYSE:LTC) , reported the purchase of 10,000 shares in multiple open-market transactions on June 4, 2026, according to a SEC Form 4 filing . The executive spent $34...
A healthcare REIT specializing in senior housing and skilled nursing saw a notable insider make his fifth share purchase over the past 13 months. David M. Boitano, Executive Vice President and Chief Investment Officer of LTC Properties (NYSE:LTC) , reported the purchase of 10,000 shares in multiple open-market transactions on June 4, 2026, according to a SEC Form 4 filing . The executive spent $348,000 in the market to make his acquisition. Transaction value based on SEC Form 4 weighted average purchase price ($34.77); post-transaction value based on June 4, 2026 market close ($34.77). Continue reading
David Stroud grabbed a woman’s hair and asked if he could kiss her two days after legislation took effect A train passenger has become the first person to be sentenced under a new harassment law after a prosecution brought by the British Transport Police (BTP). David Stroud, 44, grabbed a woman’s hair and asked her “can I kiss you?” on a rail journey to London on 3 April, two days after the new le...
David Stroud grabbed a woman’s hair and asked if he could kiss her two days after legislation took effect A train passenger has become the first person to be sentenced under a new harassment law after a prosecution brought by the British Transport Police (BTP). David Stroud, 44, grabbed a woman’s hair and asked her “can I kiss you?” on a rail journey to London on 3 April, two days after the new legislation came into force banning harassment motivated by a person’s sex. Continue reading...
Choosing between growth and value often defines an investor’s journey. Today, we will compare Arista Networks (NYSE:ANET) and AudioCodes (NASDAQ:AUDC) to see which fits your 2026 investment strategy. Arista Networks provides the heavy-duty hardware that keeps the modern internet running at scale. AudioCodes offers niche software and hardware that allow businesses to manage voice communications ove...
Choosing between growth and value often defines an investor’s journey. Today, we will compare Arista Networks (NYSE:ANET) and AudioCodes (NASDAQ:AUDC) to see which fits your 2026 investment strategy. Arista Networks provides the heavy-duty hardware that keeps the modern internet running at scale. AudioCodes offers niche software and hardware that allow businesses to manage voice communications over digital networks. These companies represent different corners of the networking world, catering to vastly different customer needs. As a major player among tech stocks , Arista Networks builds the switches and software that manage massive data flows. Its primary customers include cloud giants such as Meta Platforms (NASDAQ:META) and Microsoft (NASDAQ:MSFT) , which need ultra-fast connections for their data centers. Customer concentration like this adds a layer of risk to the business, as sales to these two giants accounted for 16% and 26% of revenue, respectively. Continue reading
Small and midsize organizations are increasingly using ERP as a platform for operational scale, not just financial management. As growth introduces greater complexity across inventory, procurement, manufacturing, customer operations, and supply chain processes, SMBs are prioritizing systems that improve productivity, automate manual work, and support expansion without proportional increases in hea...
Small and midsize organizations are increasingly using ERP as a platform for operational scale, not just financial management. As growth introduces greater complexity across inventory, procurement, manufacturing, customer operations, and supply chain processes, SMBs are prioritizing systems that improve productivity, automate manual work, and support expansion without proportional increases in headcount. The focus is on measurable gains in efficiency, visibility, and decision speed.
Jonathan Kitchen/DigitalVision via Getty Images While markets may have been experiencing waves of volatility recently, optimism about AI’s infrastructure buildout and usage continue to expand, says Evan Chen, VP Portfolio Research at TD Asset Management. He joins MoneyTalk to discuss the reasons behind the latest tech selloff and his outlook for Canada’s AI ambitions. Transcript Greg Bonnell: We h...
Jonathan Kitchen/DigitalVision via Getty Images While markets may have been experiencing waves of volatility recently, optimism about AI’s infrastructure buildout and usage continue to expand, says Evan Chen, VP Portfolio Research at TD Asset Management. He joins MoneyTalk to discuss the reasons behind the latest tech selloff and his outlook for Canada’s AI ambitions. Transcript Greg Bonnell: We have seen some volatile trading in AI-related stocks, with investors wondering whether the sector still has room to run. Joining us now to discuss his outlook and some of the big trends in artificial intelligence is Evan Chen from TD Asset Management. Evan, welcome back to the program. Evan Chen: Thanks, good to be here. Greg Bonnell: I want to start with that volatility that we've seen. Of course, investors went into the weekend -- my son had questions for me yesterday about what we saw in the AI stocks and where we might go from here. How did you read the situation? Evan Chen: Yeah, so whenever I see a big drawdown or even a big upswing here, I like to split it into two parts. So the first is, is it fundamental, or is it sentiment? Or maybe for your more advanced viewers, is it the price, or is it the earnings and that P/E ratio? So I put Friday's move firmly in the sentiment camp or the price. So what happened? Was the business affected in the future, or was it more sentiment around these stocks kind of deteriorated? So I put it more in that sentiment camp. And the reason why is what happened Friday was there was a jobs report that was released in the US. It was very, very strong. And because of that, we're unlikely to lower rates in the US. So mechanically, lower rates make higher stocks. So if we're not going to get lower rates, then stocks are either range bound, or they don't have that boost from those lower rates. As well, there is some talk around Vera Rubin. So this is NVIDIA's newest chip. They have large memory components, a big part of it. And there are some rep...