Nvidia CEO Jensen Huang singled out Micron Technology as a major beneficiary of the highly profitable AI spending wave, reinforcing confidence in the company’s high-bandwidth memory leadership.
Nvidia CEO Jensen Huang singled out Micron Technology as a major beneficiary of the highly profitable AI spending wave, reinforcing confidence in the company’s high-bandwidth memory leadership.
Jayden Nelson of Canada celebrates 2-0 during the International Friendly match between Canada v Uzbekistan at the Commonwealth Stadium on June 1, 2026, in Edmonton Canada. | Photo by Dale MacMillan/Soccrates/Getty Images Three years ago, when the women's World Cup kicked off in Australia and New Zealand, my social feeds were in a strange place. Twitter had just transformed into X , newcomer Thread...
Jayden Nelson of Canada celebrates 2-0 during the International Friendly match between Canada v Uzbekistan at the Commonwealth Stadium on June 1, 2026, in Edmonton Canada. | Photo by Dale MacMillan/Soccrates/Getty Images Three years ago, when the women's World Cup kicked off in Australia and New Zealand, my social feeds were in a strange place. Twitter had just transformed into X , newcomer Threads was seemingly ascendant , and places like Bluesky had yet to garner much momentum. It left me with an odd, and admittedly silly, dilemma: I had nowhere good to post dumb jokes during games . And now, as the next World Cup is set to begin across Canada, the US, and Mexico, not much has changed. There were a lot of problems with Twitter even when it was at its most popular, but it also introduced a new kind of live experience for many. Its real-time nature and huge au … Read the full story at The Verge.
The list of sustainability-focused fund managers opting to blacklist SpaceX is growing, as they contemplate the unprecedented level of control that Elon Musk will hold over the rockets-to-chatbot behemoth. “It’s simply too, too risky for the type of longevity we want to see in a company,” Marcela Pinilla , director of sustainable investing at Zevin Asset Management LLC , said in an interview ahead...
The list of sustainability-focused fund managers opting to blacklist SpaceX is growing, as they contemplate the unprecedented level of control that Elon Musk will hold over the rockets-to-chatbot behemoth. “It’s simply too, too risky for the type of longevity we want to see in a company,” Marcela Pinilla , director of sustainable investing at Zevin Asset Management LLC , said in an interview ahead of the SpaceX initial public offering. Zevin is among a group of investors — some niche, some big — publicly voicing their concerns about the norm-breaking governance structure shareholders of SpaceX will face. The company is set to give Musk roughly 80% of the voting rights, while also making him chief executive and chief technical officer, as well as chair of the board. “This is a company that cannot be sued, cannot be sold, cannot be contested,” Pinilla said. “As shareholders, you’d have to own $52 billion in shares of a company — that is about 3% — to raise any issues with the board,” because of the rules that apply in Texas, where SpaceX is incorporated, she said. Nell Minow , co-founder and chair of ValueEdge Advisors LLC , said the SpaceX IPO “extinguishes shareholder rights entirely, all but eliminating the right to bring a lawsuit for failure to meet fiduciary standards, cutting off access to books and records.” A Bloomberg request for comment from SpaceX, sent by email, went unanswered. Zevin joins $25 billion Danish pension fund, AkademikerPension , whose chief investment officer last month said SpaceX is not only “grossly overvalued” but also marred by a “ catastrophic governance structure .” In the UK, EdenTree Investment Management has also said it will stay away. SpaceX’s intended governance structure would “reduce the protections available to minority investors,” said Hayley Grafton, senior sustainable investment analyst at EdenTree, which oversees about $4.3 billion. EdenTree isn’t comfortable allocating client assets “to a structure where weak investor pr...
Full Circle Lithium Corp．（FCL）周四宣布，其位于佐治亚州的一家Ace Hardware特许经营运营商已正式成为该公司在美国的第二家零售合作伙伴，开始分销其专有的FCL-X锂电池灭火剂。此举标志着该创新消防产品进一步进入大众零售渠道。 Ace Hardware拥有北美最大的零售五金网络之一，在全美50个州及全球70多个国家拥有约5800家本地拥有和运营的门店。此次合作直接...
Full Circle Lithium Corp．（FCL）周四宣布，其位于佐治亚州的一家Ace Hardware特许经营运营商已正式成为该公司在美国的第二家零售合作伙伴，开始分销其专有的FCL-X锂电池灭火剂。此举标志着该创新消防产品进一步进入大众零售渠道。 Ace Hardware拥有北美最大的零售五金网络之一，在全美50个州及全球70多个国家拥有约5800家本地拥有和运营的门店。此次合作直接回应了美国家庭对锂电池消防安全日益增长的担忧，以及由电动自行车、电动工具、草坪设备和家用储能系统等设备普及带来的潜在火灾风险。 传统的灭火器无法有效应对锂电池热失控引发的火灾，这类火灾燃烧温度极高且容易复燃。FCL-X是一种专为锂电池火灾设计、不含PFAS且环保的水基灭火剂，旨在快速冷却受影响的电芯，帮助抑制热失控，同时将对环境的影响降至最低。该产品已通过多项严格测试，包括被视为全球最严苛测试之一的荷兰NTA 8133标准认证，并被证明具有卓越的冷却能力和防止复燃的效果。在此之前，FCL已通过在线零售渠道向消费者销售该产品，并与学校系统、航空公司及物流公司等机构客户开展合作。 该Ace Hardware合作方的营销总监表示，这些事故不再是罕见的边缘案例，它们正成为反复出现的家庭安全问题。每个家庭现在都有多个锂电池供电设备，但大多数家庭并没有配备专门应对此类火灾风险的工具。 这是FCL在零售领域的又一次重要扩张。2026年1月，FCL正式推出了针对零售市场的多规格锂电池灭火器产品线。公司销售与运营经理表示，Ace Hardware在北美广泛的本地覆盖网络，使居民能够在需要时直接获得专业的锂电池消防安全解决方案。 责任编辑：张俊 SF065
Core inflation rate came in at 2.9% year-over-year yesterday. This stopped interest rate hike expectations from being anchored, and the 10-year Treasury closed last week near 4.6%. That backdrop is still supposed to be poison for stocks. Yet the Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) is up 20% year to date and 36% over ... Sticky Inflation’s Worst Nightmare: Why Small Value Stocks Are Se...
Core inflation rate came in at 2.9% year-over-year yesterday. This stopped interest rate hike expectations from being anchored, and the 10-year Treasury closed last week near 4.6%. That backdrop is still supposed to be poison for stocks. Yet the Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV) is up 20% year to date and 36% over ... Sticky Inflation’s Worst Nightmare: Why Small Value Stocks Are Secretly Printing Money
According to a report by The Wall Street Journal, Prometheus is now valued at $41 billion, with Bezos, JPMorgan Chase, Goldman Sachs, and BlackRock participating in the fundraising.
According to a report by The Wall Street Journal, Prometheus is now valued at $41 billion, with Bezos, JPMorgan Chase, Goldman Sachs, and BlackRock participating in the fundraising.
Published for the first time, the data recorded 2,241 daily cases of A&E corridor care, with 699 patients also treated in other inappropriate settings Almost 3,000 patients a day in England are receiving care in hospital corridors due to an unavailability of beds in A&E units across the country, according to official figures. Corridor care occurs when a patient receives treatment in a setting that...
Published for the first time, the data recorded 2,241 daily cases of A&E corridor care, with 699 patients also treated in other inappropriate settings Almost 3,000 patients a day in England are receiving care in hospital corridors due to an unavailability of beds in A&E units across the country, according to official figures. Corridor care occurs when a patient receives treatment in a setting that is clinically inappropriate and is deemed to be undignified and unsafe. Continue reading...
A Hong Kong woman who has accused her former school teacher of sexually assaulting her over a period of nearly five years has told the court she initially feared reporting the case because it would be “too cruel” to the defendant and cause him serious repercussions. The defendant, Cheng Hon-sze, 32, appeared in court on Thursday where he pleaded not guilty to nine counts of indecent assault involv...
A Hong Kong woman who has accused her former school teacher of sexually assaulting her over a period of nearly five years has told the court she initially feared reporting the case because it would be “too cruel” to the defendant and cause him serious repercussions. The defendant, Cheng Hon-sze, 32, appeared in court on Thursday where he pleaded not guilty to nine counts of indecent assault involving his former student. The alleged offences took place between November 2019 and June 2024, when...
pingingz/iStock via Getty Images Introduction Back when I last covered Nokia ( NOK ), I reiterated their Strong Buy rating, highlighting how NVIDIA’s ( NVDA ) investment further reinforced the bull case and “Highlights An AI Opportunity The Market Is Ignoring.” With the stock up more than 113% from the last coverage and over 180% from older articles, NOK is downgraded to Sell, as the valuation has...
pingingz/iStock via Getty Images Introduction Back when I last covered Nokia ( NOK ), I reiterated their Strong Buy rating, highlighting how NVIDIA’s ( NVDA ) investment further reinforced the bull case and “Highlights An AI Opportunity The Market Is Ignoring.” With the stock up more than 113% from the last coverage and over 180% from older articles, NOK is downgraded to Sell, as the valuation has gotten way ahead of the business itself, while the company still faces significant macro pressure and uncertainty, with potential to see the environment deteriorate before it gets any better, while very high expectations are already priced in. Strong Start to 2026 Nokia IR Nokia reported a strong start of the year , reporting a 4% total net sales increase thanks especially to the 9% increase in the EMEA region, with net sales in their Fixed Networks division dropping by 13% as a result of their deliberate strategic shift towards higher-margin products, which also helped explain the beat on earnings despite a miss in revenue. Nokia also reported strong AI demand in Optical Networks, which grew 20% YoY, while revenue from AI & Cloud customers jumped by a whopping 49%, while the company booked a massive €1 billion in new orders from this segment during the quarter (which now accounts for 8% of group sales), prompting Nokia to raise its full-year market growth assumptions for Optical and IP Networks while also “investing to capture accelerating demand from AI & Cloud customers,” as per the CEO. As a note, I highlighted before how their guidance of €900 million to €1 billion in CAPEX is mostly related to investments in growing their manufacturing capacity to support the Optical Networks growth. Nokia IR Following this, Nokia now expects the Optical and IP Networks to grow by 18% to 20% (vs. the previous 10% to 12%), while they expect the Network Infrastructure segment to grow between 12% to 14% (vs. 6% to 8%), tracking “somewhere above the midpoint” of their comparable operatin...
Richard Drury/DigitalVision via Getty Images The heat continues to turn up on prices. CPI inflation for May, released yesterday, reflected as much. But neither the accelerated increase in prices nor the increasing probability of a rate hike this year is new. What is new, however, is the markets' revealed concern about the state of the economy in yesterday's trading. Here, I discuss the CPI report,...
Richard Drury/DigitalVision via Getty Images The heat continues to turn up on prices. CPI inflation for May, released yesterday, reflected as much. But neither the accelerated increase in prices nor the increasing probability of a rate hike this year is new. What is new, however, is the markets' revealed concern about the state of the economy in yesterday's trading. Here, I discuss the CPI report, its implications for monetary policy, the stock markets and the investing idea that surfaced after the inflation release. Headline inflation breaches 4% Headline CPI inflation rose for the third consecutive month in May, moving past the 4% mark, to land at 4.2% YoY. The figure has now reached its highest level in three years. The average inflation level for 2026 so far now stands at 3.4% YoY, which is similar to the corresponding 3.2% YoY level for PCE inflation for up to April 2026. Both figures are problematic. The Fed forecasts PCE inflation of 2.7% YoY for 2026, which is below both the PCE figures up to April and the CPI inflation up to May. This is unlikely to be achieved, unless there's a sharp drop in fuel prices to below their levels in 2025. There's no reason to assume so. The EIA expects Brent crude's price to average at $95/bbl in 2026 compared with $69/bbl last year. In the meantime, in May, energy commodity prices rose by 40.6% YoY, exerting a disproportionately high influence on overall inflation. The more likely possibility is that the Fed will raise its inflation targets for the year at the upcoming FOMC meeting, along with a hawkish statement. Headline CPI Inflation, %, YoY (Source: Trading Economics) Core inflation in check It's some comfort though, that core inflation remains relatively in check. The figure came in at 2.9% YoY in May, which is also a rise for the third consecutive month and an increase to the highest level in seven months, to be sure. But the average core inflation YTD is still slightly below 2.7% YoY, which is the Fed's target rate for ...
Somali referee Omar Artan is appointed to take charge of the Uefa Super Cup match between Paris St-Germain and Aston Villa later this summer after being denied a spot at the World Cup.
Somali referee Omar Artan is appointed to take charge of the Uefa Super Cup match between Paris St-Germain and Aston Villa later this summer after being denied a spot at the World Cup.
With reusable rockets, a growing constellation of satellites providing internet connectivity, and now a major push into artificial intelligence (AI) through xAI , SpaceX is swiftly becoming one of the most inspirational companies at the intersection of technology and space exploration. Some leading Wall Street banks have floated valuations for SpaceX well into the trillions, and CEO Elon Musk agre...
With reusable rockets, a growing constellation of satellites providing internet connectivity, and now a major push into artificial intelligence (AI) through xAI , SpaceX is swiftly becoming one of the most inspirational companies at the intersection of technology and space exploration. Some leading Wall Street banks have floated valuations for SpaceX well into the trillions, and CEO Elon Musk agrees: For its initial public offering (IPO) on Friday, SpaceX will list on the Nasdaq at a valuation of $1.8 trillion. However, valuation expert Aswath Damodaran, a New York University Stern School of Business professor, recently offered a slightly more grounded perspective. Widely known as the "Dean of Valuation" for his transparent financial models and willingness to publish spreadsheet assumptions for public scrutiny, Damodaran has a reputation for sifting through hype narratives with disciplined, data-driven analysis. Drawing on details from SpaceX's S-1 filing with the Securities and Exchange Commission , Damodaran has concluded that the company is worth $1.3 trillion, about 28% lower than management's IPO price. While that's still an enormous figure, Damodaran's analysis concludes that SpaceX's target price likely rests on some assumptions that may prove overly optimistic. Continue reading