Good morning . US and Iranian forces clash near the Strait of Hormuz. Ferrari’s new EV looks too much like a Tesla, critics say. And why Americans are eating more honey. Listen to the day’s top stories . — Marcus Wright Market Snapshot S&P 500 Futures 7,549.25 +0.8% Nasdaq 100 Futures 29,899.50 +1.2% Bloomberg Dollar Spot Index 1,200.16 +0.0% Market data as of 06:44 AM ET. Data is subject to provi...
Good morning . US and Iranian forces clash near the Strait of Hormuz. Ferrari’s new EV looks too much like a Tesla, critics say. And why Americans are eating more honey. Listen to the day’s top stories . — Marcus Wright Market Snapshot S&P 500 Futures 7,549.25 +0.8% Nasdaq 100 Futures 29,899.50 +1.2% Bloomberg Dollar Spot Index 1,200.16 +0.0% Market data as of 06:44 AM ET. Data is subject to provider delays. US and Iranian forces collided near the Strait of Hormuz , hours after Donald Trump suggested negotiations with Tehran over an interim deal were making progress. Trump also pressed Saudi Arabia and Qatar to recognize Israel by joining the Abraham Accords. And Iran signaled it could soon roll back some restrictions which have cut off millions of its citizens from the internet. Ferrari Suffers Disappointing Reviews of First Electric Car Read more Republican voters in Texas get their final say today in a drawn-out, vitriolic and hugely expensive Senate primary runoff . Four-term Senator John Cornyn faces Trump-endorsed Texas Attorney General Ken Paxton. Cornyn has said a Paxton win would jeopardize Republican chances in November . The risk of a compromised chemical tank exploding in the suburbs of Los Angeles eased and evacuation orders for some of the more than 50,000 people affected were lifted , according to the Orange County Fire Authority. The department has worked since Friday to contain the tank at a plant in Garden Grove, about 35 miles southeast of LA, after it overheated and leaked. Russia’s Foreign Minister Sergei Lavrov called Marco Rubio to advise him to evacuate American citizens and diplomats from Kyiv, warning that the Kremlin plans to continue heavy strikes on the Ukrainian capital. On Sunday, Ukraine came under a Russian drone and missile barrage , which Moscow framed as retaliation for an attack on a college in the Russia-occupied Luhansk region. Ebola is spreading faster in the Democratic Republic of Congo than responders can contain it , the Wo...
Skyline Champion press release ( SKY ): Q1 Non-GAAP EPS of $0.68 beats by $0.06 . Revenue of $621.28M (+4.6% Y/Y) beats by $13.88M . The number of U.S. homes sold in the fourth quarter fiscal 2026 decreased 0.6% to 5,908, driven by lower community/REIT channel volume, partially offset by sales from the Iseman Homes acquisition. The ASP per U.S. home sold increased 4.6% to $98,600 due to product mi...
Skyline Champion press release ( SKY ): Q1 Non-GAAP EPS of $0.68 beats by $0.06 . Revenue of $621.28M (+4.6% Y/Y) beats by $13.88M . The number of U.S. homes sold in the fourth quarter fiscal 2026 decreased 0.6% to 5,908, driven by lower community/REIT channel volume, partially offset by sales from the Iseman Homes acquisition. The ASP per U.S. home sold increased 4.6% to $98,600 due to product mix and channel dynamics. The number of Canadian factory-built homes sold in the quarter increased to 243 homes compared to 230 homes in the prior-year period. More on Skyline Champion Champion Homes: A Structural Opportunity Facing Cyclical Headwinds Skyline Champion Q4 2026 Earnings Preview Homebuilding stocks surge after House passes amended housing bill Seeking Alpha’s Quant Rating on Skyline Champion Historical earnings data for Skyline Champion
Four people, including two teenagers, were killed in Belgium on Tuesday when a train crashed into a school bus on a level crossing near the town of Buggenhout, RTL TV reported, citing Transport Minister Jean-Luc Crucke. The victims also included the bus driver and an adult accompanying the pupils, RTL quoted Crucke as saying. Two other people were also severely injured. The accident occurred ear...
Four people, including two teenagers, were killed in Belgium on Tuesday when a train crashed into a school bus on a level crossing near the town of Buggenhout, RTL TV reported, citing Transport Minister Jean-Luc Crucke. The victims also included the bus driver and an adult accompanying the pupils, RTL quoted Crucke as saying. Two other people were also severely injured. The accident occurred early on Tuesday at a level crossing near Buggenhout station, about 23km (14 miles) from Brussels. Crucke said security cameras showed that the crossing’s security barriers had come down. Advertisement Interior Minister Bernard Quintin said on social media that “it is with deep sadness that I learned of the tragic accident that occurred in Buggenhout”. Rescuers set up a tent at the scene of the crash in Buggenhout on Tuesday. Photo: VTM/AP Belgian media showed images of a badly damaged minibus lying on its side on a road next to a railway line, with tents set up by emergency workers around. Advertisement Police told the media that seven children, a supervisor and a driver were aboard the minibus.
Over the past several months, the enterprise IoT-platform market has shown renewed consolidation and sharper distinction among competitors. Major moves include the completion of PTC’s sale of ThingWorx to private equity-backed Velotic; Siemens going deeper into key IoT verticals such as maintenance and utilities; and major deals emerging such as Cumulocity’s alliance with Aramco Digital in the Mid...
Over the past several months, the enterprise IoT-platform market has shown renewed consolidation and sharper distinction among competitors. Major moves include the completion of PTC’s sale of ThingWorx to private equity-backed Velotic; Siemens going deeper into key IoT verticals such as maintenance and utilities; and major deals emerging such as Cumulocity’s alliance with Aramco Digital in the Middle East. Some leading players have stepped back or reoriented: several hyperscalers have decommissioned numerous IoT solutions within their overall IoT portfolio, and vendors such as ThingWorx face stagnating visibility despite updates. Amazon Web Services has removed a number of IoT solutions, whereas Microsoft Azure is heavily promoting ‘coopetition’ with rival first- and second-tier IIoT vendors such as Siemens, Oracle, and Litmus. The competitive landscape is thus sharpening: only a handful of platforms stand out by offering end-to-end ecosystems stretching across device management, AI enablement, edge computing, analytics, application enablement, and vertical-focused packaged solutions. GlobalData senior analyst Ismail Patel analyses the current competitive landscape: “The trajectory of industrial IoT offered by the established players is clear: from standalone telemetry platforms toward fully integrated, application-centric ecosystems with strong AI, edge computing, and vertical use cases. Security remains a non-negotiable foundation, demanding frameworks, device-to-cloud protections, and regulatory compliance. The message is simple: if you are not a niche player, go big. “For many businesses, IoT is no longer optional. Predictive maintenance, anomaly detection, image analytics, robotics, and other low-latency, real-time AI scenarios are now baseline expectations. But AI and edge computing are also being adopted aggressively to support IoT use cases. Buyers are evaluating platforms not just on IoT connectivity, but on developer tools, visual modelling, observability,...
KanawatTH Lotus Technology Inc. ( LOT ) unveiled on Monday the new Emira 420 Sport model, which was called the most powerful, lightest, and most aerodynamically capable Emira ever built. The Emira 420 Sport was noted to sit at the apex of the Emira lineup after being designed specifically to deliver even more performance both on the road and on the track. The Emira 420 Sport produces 420 hp from a...
KanawatTH Lotus Technology Inc. ( LOT ) unveiled on Monday the new Emira 420 Sport model, which was called the most powerful, lightest, and most aerodynamically capable Emira ever built. The Emira 420 Sport was noted to sit at the apex of the Emira lineup after being designed specifically to deliver even more performance both on the road and on the track. The Emira 420 Sport produces 420 hp from a 2.0-liter turbocharged four-cylinder engine, accelerates from 0 to 62 mph in 3.9 seconds, and reaches a top speed of 186 mph. With the optional Lightweight Handling Pack, the Emira 420 Sport is 25 kg lighter than the Emira Turbo and generates 25 kg of additional downforce. "Adjustable dampers, increased downforce, sharper responses, reduced roll – every detail obsessively engineered to put the driver more in control," stated Gavan Kershaw, Lotus Cars’ handling expert. The Emira 420 Sport is available to order now, with customer deliveries expected starting in August. Pricing starts at $122,900. More on Lotus Technology Lotus Technology Inc. (LOT) Presents at Deutsche Bank ADR Virtual Investor Conference Transcript Lotus Technology Needs More Progress To Get People Onboard Lotus Technology Inc. (LOT) Q4 2025 Earnings Call Transcript Lotus outlines Canada dealer expansion to 12 by year-end as For Me Eletre X global rollout starts in October Seeking Alpha’s Quant Rating on Lotus Technology
Key Points Agentic AI is creating a large addressable market for AMD. The company will have to battle multiple competitors. Even so, it is in a strong position to capitalize on this opportunity. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices(NASDAQ: AMD) is firing on all cylinders. The company's shares have more than tripled over the past 12 months, driven by excelle...
Key Points Agentic AI is creating a large addressable market for AMD. The company will have to battle multiple competitors. Even so, it is in a strong position to capitalize on this opportunity. 10 stocks we like better than Advanced Micro Devices › Advanced Micro Devices(NASDAQ: AMD) is firing on all cylinders. The company's shares have more than tripled over the past 12 months, driven by excellent financial results. Does the semiconductor specialist have any growth fuel left in the tank? There are good reasons to think so. For instance, recent comments from Nvidia's (NASDAQ: NVDA) CEO, Jensen Huang, suggest that demand for AMD's products could be accelerating. Here's what investors should know. 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 » Four words with big implications In the first quarter, AMD posted revenue growth of 38% year over year to $10.3 billion. The company credited strong demand for AI infrastructure for that performance. Specifically, AMD is a leader in the CPU (Central Processing Unit) market. Demand for CPUs could rise significantly as the AI industry shifts from training to inference (the phase in which models generate outputs). CPUs are well-suited to run AI agents, and according to Huang, this phase of the AI boom is no longer in the future: It is here. His words couldn't be clearer: "Agentic AI has arrived." That's great news for AMD, as it suggests that demand for the company's EPYC processors could soar as companies race to unleash AI agents across every sector and industry. Beware of the competition Nvidia expects to tap into this growing market opportunity. That's why the company launched its Vera CPU. Further, AMD still plays second fiddle to Intel in the CPU space, at least in terms of market share. Given these factors, can AMD capitalize on agentic AI enough to keep...
(RTTNews) - Tuesday, Flight Centre Travel Group Limited (FGETF.PK) shared a trading update, stating that despite strong results during the 9 months till March 31, the early fourth quarter has been heavily impacted by Middle East tensions. Meanwhile, the expected share of profit for the full year 2026 is anticipated to move below the line following the divestment of the company's interests in the P...
(RTTNews) - Tuesday, Flight Centre Travel Group Limited (FGETF.PK) shared a trading update, stating that despite strong results during the 9 months till March 31, the early fourth quarter has been heavily impacted by Middle East tensions. Meanwhile, the expected share of profit for the full year 2026 is anticipated to move below the line following the divestment of the company's interests in the Pedal Group. Looking ahead, the company intends to continue to drive sustainable growth, with growth in online sales and digital capabilities, as well as widespread AI adoption. The company's stock is currently falling 3.20 percent, to 6.05 euros on the Frankfurt Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
FOTOKITA/iStock via Getty Images I'm initiating on Waterdrop Inc. ( WDH ) with a 'Hold' rating. My view of the core insurance business and its other segments is mixed. The stock's valuations are on par with its listed comparables, implying little mispricing. Corporate Overview WDH calls itself a "technology platform dedicated to insurance and healthcare service" in its media releases . Major Opera...
FOTOKITA/iStock via Getty Images I'm initiating on Waterdrop Inc. ( WDH ) with a 'Hold' rating. My view of the core insurance business and its other segments is mixed. The stock's valuations are on par with its listed comparables, implying little mispricing. Corporate Overview WDH calls itself a "technology platform dedicated to insurance and healthcare service" in its media releases . Major Operations at a Glance Listing Prospectus The firm's "insurance distribution" and "medical crowdfunding" divisions accounted for nine-tenths and 7% of its FY25 topline, respectively. As per the chart presented above, the former and the latter are China's leading platforms in their corresponding fields. The remaining 3% of turnover during the same period came from other businesses, such as patient accrual solutions. Furthermore, WDH disclosed in its 20-F that "most of the Group's revenues are derived from the PRC." AI Gives Insurance Arm Both Wings and Headaches WDH's shares are down 21% for the past three months. SA News reported about "the launch of a new artificial intelligence tool by privately held online insurance marketplace, Insurify" in February. I believe this is the main cause of its pullback. The company's core business was previously perceived to be a top-2 player with a long runway. Yuanbao ( YB ) and WDH are the No. 1 and second biggest Chinese online insurance distributors, respectively, as per iResearch data cited in its IPO circular. At an investor event (S&P Capital IQ transcript) organized by Sidoti on Dec. 10, 2025, management noted that a substantial two-fifths of China's "healthcare expenditures are from residents' out-of-pocket." They also shared that a modest single-digit percentage of the nation's policies "are sold by third-party brokerages." I worry that the enterprise might not be able to capture this growth if it ceded ground to AI-native challengers. WDH's domestic rival YB acknowledged at the 4Q25 briefing in March this year that "AI agents are def...
China has suspended exports of certain rare earth products to Japan, with the Ministry of Foreign Affairs saying that the ban targets military-related uses. The ministry said the move aims to counter Japan’s remilitarization efforts and pursuit of nuclear weapons. NEWS SUMMARY Chinese shipbuilders have secured more than 90% of global orders for very large crude carriers.
China has suspended exports of certain rare earth products to Japan, with the Ministry of Foreign Affairs saying that the ban targets military-related uses. The ministry said the move aims to counter Japan’s remilitarization efforts and pursuit of nuclear weapons. NEWS SUMMARY Chinese shipbuilders have secured more than 90% of global orders for very large crude carriers.