Syrian President Ahmed al-Sharaa held a phone call with US President Donald Trump in which they discussed supporting the Syrian economy and the latest regional developments, the Syrian presidency said on Sunday. During the call, Sharaa said lifting the remaining US sanctions on Syria was essential to reviving the economy and attracting investments, according to the statement. The United States ...
Syrian President Ahmed al-Sharaa held a phone call with US President Donald Trump in which they discussed supporting the Syrian economy and the latest regional developments, the Syrian presidency said on Sunday. During the call, Sharaa said lifting the remaining US sanctions on Syria was essential to reviving the economy and attracting investments, according to the statement. The United States says some sanctions remain in place despite dismantling most of its Syria sanctions regime and...
As Micron Technology (NASDAQ: MU) gears up to report fiscal third-quarter results on June 24, some investors are wondering whether it makes sense to buy shares ahead of the announcement. The chip leader has been one of the most pronounced beneficiaries of the artificial intelligence (AI) infrastructure boom, yet its parabolic rise has left some wondering whether the easy money has already been mad...
As Micron Technology (NASDAQ: MU) gears up to report fiscal third-quarter results on June 24, some investors are wondering whether it makes sense to buy shares ahead of the announcement. The chip leader has been one of the most pronounced beneficiaries of the artificial intelligence (AI) infrastructure boom, yet its parabolic rise has left some wondering whether the easy money has already been made or if Micron's rally still has legs. So far this year, shares of Micron have surged 231% -- making it the second-highest performer in the Nasdaq-100 index and pushing the company's market capitalization above $1 trillion . Unprecedented demand for high-bandwidth memory (HBM) and DRAM used in AI servers has turned a once cyclical commodity into vital hardware in hyperscale data centers. Tight supply, sold-out HBM capacity, and multiyear contracts with big tech have fueled record revenue and profit margin expansion for Micron. Continue reading
Security came to inspect aircraft in Newark after report of Bluetooth device with a ‘certain four-letter word’ A United Airlines plane bound for Spain from Newark Liberty international airport turned around mid-flight on Saturday due to a possible security threat. That came one day after another United Airlines flight bound for Minneapolis from Chicago was diverted to Madison, Wisconsin, on Friday...
Security came to inspect aircraft in Newark after report of Bluetooth device with a ‘certain four-letter word’ A United Airlines plane bound for Spain from Newark Liberty international airport turned around mid-flight on Saturday due to a possible security threat. That came one day after another United Airlines flight bound for Minneapolis from Chicago was diverted to Madison, Wisconsin, on Friday because an unruly passenger evidently tried to breach the cockpit. Continue reading...
Watch the stream below. | Image: NVIDIA NVIDIA's CEO Jensen Huang is set to take the stage for his GTC Taipei keynote at 8PM PT / 11PM ET. You can watch all the announcements here and embedded below. Rumors have been flying about what to expect from today's presentation, but the big one is the possibility of a partnership with Microsoft and a renewed Windows on ARM push. Microsoft has been teasing...
Watch the stream below. | Image: NVIDIA NVIDIA's CEO Jensen Huang is set to take the stage for his GTC Taipei keynote at 8PM PT / 11PM ET. You can watch all the announcements here and embedded below. Rumors have been flying about what to expect from today's presentation, but the big one is the possibility of a partnership with Microsoft and a renewed Windows on ARM push. Microsoft has been teasing a " new era of PC " for its Surface lineup, and expectations are that new ARM processors from NV IDIA, dubbed the N1 and N1X, will be powering these yet-to-be-announced computers. Microsoft actually tapped NVIDIA's Tegra ARM CPUs for the Surface RT way back in 2012. But that machine was l … Read the full story at The Verge.
Fighting While Talking, Horses And Security By Peter Tchir of Academy Securities Fighting While Talking, Horses, and Security Some quick updates on recent themes. The latest on Iran is front and center, and if you missed this week’s Around the World, it is worth a look. Not just an Iran update, but we also cover Cuba, Russia/Ukraine, the China Summit, and Nigeria (I certainly need to get more up t...
Fighting While Talking, Horses And Security By Peter Tchir of Academy Securities Fighting While Talking, Horses, and Security Some quick updates on recent themes. The latest on Iran is front and center, and if you missed this week’s Around the World, it is worth a look. Not just an Iran update, but we also cover Cuba, Russia/Ukraine, the China Summit, and Nigeria (I certainly need to get more up to speed on Africa). We will examine Universal Basic Income and the Job Market in the section we have decided to label Horses. While it feels like we’ve been talking about ProSec in one shape or form for well over a year (because we have), rather than getting “long in the tooth” it is just starting to get traction. Fighting While Talking The definition of “ceasefire” is what both sides make of it. It is easy to think of a “ceasefire” as being as simple as both sides “cease firing” at each other, but that is not how it works in the real world. The concept of continuing attacks (typically but not always limited in scope) while discussing agreements has gone on since people first started picking up rocks and throwing them at each other. From a U.S. perspective, it was an explicit policy of Nixon and Kissinger when dealing with North Vietnam. Negotiate in Paris. Bomb away in Vietnam. As the much anticipated announcement after Friday’s “ situation room ” meeting failed to materialize, we are reading of reports of Iran attacking U.S. bases in Kuwait. This, of course, from an Iranian perspective, is in response to some U.S. attacks last week in Bandar Abbas and in the Strait of Hormuz. We can only assume negotiations are ongoing, as neither side seems prepared to go back to a higher level of military activity, so this is merely both sides reminding the other that they could go that way, if they wanted to. Also, from our GIG, it has become very clear that the U.S. blockade of the Strait surprised Iran and created leverage that the initial military attacks had not. The only thing I c...
On May 15, 2026, HarbourVest Partners disclosed a new position in Generate Biomedicines (NASDAQ:GENB) , acquiring 1,722,210 shares in the first quarter. The estimated transaction value is $21.03 million, based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing published May 15, 2026, HarbourVest Partners took a new position in Generate Biomedicines during ...
On May 15, 2026, HarbourVest Partners disclosed a new position in Generate Biomedicines (NASDAQ:GENB) , acquiring 1,722,210 shares in the first quarter. The estimated transaction value is $21.03 million, based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing published May 15, 2026, HarbourVest Partners took a new position in Generate Biomedicines during the first quarter of 2026, adding 1,722,210 shares. The estimated transaction value was $21.03 million, based on the average closing price over the quarter. The position was valued at $21.53 million as of March 31, 2026, encompassing both share purchases and price changes. Generate Biomedicines, Inc. applies advanced machine learning to accelerate the discovery and development of new protein therapeutics, integrating computational tools with scalable laboratory processes. The company’s strategy centers on its proprietary Generate Platform, which enables the design of novel drugs that address unmet medical needs beyond the reach of traditional methods. Continue reading
Mexican real estate investment trust Fibra MTY said it’s acquiring peer Fibra Macquarie after the latter’s shareholders backed the transaction. The deal is valued at about $1.7 billion, based on the shares held by those who accepted the offer, Fibra MTY said in a statement. More than 80% of holders of Fibra Macquarie’s outstanding shares have approved a tender offer, according to the statement. In...
Mexican real estate investment trust Fibra MTY said it’s acquiring peer Fibra Macquarie after the latter’s shareholders backed the transaction. The deal is valued at about $1.7 billion, based on the shares held by those who accepted the offer, Fibra MTY said in a statement. More than 80% of holders of Fibra Macquarie’s outstanding shares have approved a tender offer, according to the statement. Integration of the portfolios will create a larger real estate platform with a “strengthened presence in the industrial sector,” according to Fibra MTY. The combined assets are valued at about $6.5 billion, creating one of the largest REITs in Mexico. The purchaser this month increased the exchange ratio in its tender offer to 3.2 Fibra MTY certificates for one of Fibra Macquarie. The cash portion was capped at 8.9 billion pesos ($513 million). Fibra MTY this year raised about $500 million in a share offering to expand its industrial portfolio. Fibra Macquarie focuses on commercial and industrial real estate in Mexico. The firm had 262 properties worth $3.6 billion as of December, according to an investor presentation . Read More: Mexico’s Fibra Macquarie Set for Bidding War Amid New Offers
Software stocks have had a brutal first five months of 2026, with many of them falling sharply even as the S&P 500 has risen. Snowflake (NYSE: SNOW) , despite management describing its artificial intelligence (AI) data cloud as a beneficiary of the AI boom, has seen its shares fall alongside other software stocks this year amid investor concern that AI would disrupt software companies overall. Ind...
Software stocks have had a brutal first five months of 2026, with many of them falling sharply even as the S&P 500 has risen. Snowflake (NYSE: SNOW) , despite management describing its artificial intelligence (AI) data cloud as a beneficiary of the AI boom, has seen its shares fall alongside other software stocks this year amid investor concern that AI would disrupt software companies overall. Indeed, at one point in April, the stock sat more than 50% below where it had traded a year earlier. But the stock is rebounding now. In fact, the stock is now up sharply year to date, helped mainly by the market's reaction to the tech company's better-than-expected earnings report last week. But is this news about more than Snowflake? Could there be more software companies that, like Snowflake, will actually benefit more from AI than they will be hurt by it? Snowflake's latest report is the loudest evidence yet that the market may have had it backward. Image source: Getty Images. Continue reading
For decades, the world was heavily reliant on China for rare-earth elements and other critical materials that U.S. companies need, meaning China could control output and pricing to suit its aims. But with a growing awareness of how these elements are essential components in a variety of military equipment and high-tech gear, Western nations are waking up to the fact that they need to source the ma...
For decades, the world was heavily reliant on China for rare-earth elements and other critical materials that U.S. companies need, meaning China could control output and pricing to suit its aims. But with a growing awareness of how these elements are essential components in a variety of military equipment and high-tech gear, Western nations are waking up to the fact that they need to source the materials from places other than China. This has ushered in renewed investor interest in materials stocks, including United States Antimony (NYSE: UAMY) . First, the elephant in the room needs to be addressed. This stock sits 57% below its 52-week high as I write this, and is down 17% over the past month. Many investors interpret those drops as signs of a falling knife, not invitations to get involved, but the stock's recent weakness may spell opportunity for risk-tolerant market participants. United States Antimony is a volatile stock, but it has rebound potential. Image source: Getty Images. Continue reading
The U.S. Department of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Rubin and Blackwell processors, as well as AMD's MI350x - to Chinese entities located outside China. The unexpected guidance suggests the United States' best AI chips may have been making th...
The U.S. Department of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Rubin and Blackwell processors, as well as AMD's MI350x - to Chinese entities located outside China. The unexpected guidance suggests the United States' best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year despite broader U.S. efforts to starve Chinese firms of semiconductors needed to develop critical AI capabilities. The new guidance was posted on the Commerce Department's website on Sunday.
JaysonPhotography/iStock via Getty Images Three months into the Iran conflict, investors are showing little appetite for caution. Global stocks, corporate bonds and other risk assets have continued to climb as optimism over a potential ceasefire combines with relentless enthusiasm for artificial intelligence-related investments, Bloomberg News reported Sunday. The S&P 500 ( SP500 ) notched its nin...
JaysonPhotography/iStock via Getty Images Three months into the Iran conflict, investors are showing little appetite for caution. Global stocks, corporate bonds and other risk assets have continued to climb as optimism over a potential ceasefire combines with relentless enthusiasm for artificial intelligence-related investments, Bloomberg News reported Sunday. The S&P 500 ( SP500 ) notched its ninth consecutive weekly gain on Friday, matching its longest winning streak since 2023. High-yield bonds advanced, Treasury prices rose and oil prices retreated sharply during May as traders increasingly bet that tensions in the Middle East could eventually ease. Markets remain focused on negotiations between Washington and Tehran, though reports over the weekend suggested talks remain fluid and no final agreement has been reached. Investors largely appear to be assuming that a deal, or at least a prolonged ceasefire, will emerge despite periodic setbacks. Some strategists say much of the positive outcome is already reflected in asset prices, limiting the market impact of any formal announcement. Oil could be among the few areas that see a significant move if an agreement is finalized. Geopolitical risks remain. Israel expanded military operations in Lebanon over the weekend after Hezbollah intensified attacks on northern Israel, raising concerns that the conflict could broaden even as negotiations continue elsewhere. Still, the dominant force in markets remains artificial intelligence. Semiconductor stocks have posted extraordinary gains, driven by expectations of massive spending on AI infrastructure. The Philadelphia Semiconductor Index is on pace for its strongest quarter on record, while shares of Micron Technology ( MU ), SK Hynix ( HXSCL ) and Samsung Electronics ( SSNLF ) have surged as demand for advanced memory chips accelerates. Some investors are beginning to question whether the pace of the rally is sustainable. Analysts warn that not every company benefiting fro...
U.S. moves to halt potential shipments of Nvidia and AMD's most sophisticated AI chips to Chinese subsidiaries located outside China marketscreener.com
U.S. moves to halt potential shipments of Nvidia and AMD's most sophisticated AI chips to Chinese subsidiaries located outside China marketscreener.com
Douglas Rissing/iStock via Getty Images The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends. Breaking Down the Balance Sheet As soon as the Fed ended quantitative tightening, they launched a new round of quantitative easing. As shown in the chart below, th...
Douglas Rissing/iStock via Getty Images The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends. Breaking Down the Balance Sheet As soon as the Fed ended quantitative tightening, they launched a new round of quantitative easing. As shown in the chart below, the Fed added $43B in March and April and then $4B in May. The most interesting part is what they are doing to keep the net total down… they are selling mortgage-backed securities. For four months, they have added $65B a month in short term debt (0-5 years). Figure 1: Monthly Change by Instrument Zooming out to 10 years and grouping the data by year shows the chart below. What you should notice is how quickly the Fed will undo all the “hard work” in reducing the balance sheet during the next crisis. It took 4 years to reduce the balance sheet by about $2.2T. However, in 2020, it took a few months to grow the balance sheet by $3T and 2 years to grow it by $4.5T. Warsh has said he does not like using the balance sheet and would prefer to use interest rates. That may be a great theory, but it will be much harder in practice. Why else is the Fed buying up short-term debt right now? They need to keep liquidity strong on the short end of the curve. Without this, the Treasury market could start to get really ugly. This is an untenable situation for the US, so the Fed has to keep the liquidity flowing. Figure 2: Monthly Change by Instrument The table below provides more detail on the Fed’s activities and its recent efforts to shrink the balance sheet. With QE already resuming, the Fed will be taking a $6.7T balance sheet (and growing) into the next crisis, almost guaranteeing that it will exceed $10T when it fully goes back to QE. Warsh may not like QE, but he will have no choice if he wants to keep the bubble inflated. Figure 3: Balance Sheet Breakdown The weekly activity can be see...