Oklo Inc. shares jumped after the the Sam Altman-backed reactor technology company said it’s in talks to participate in a US Department of Energy program to supply nuclear fuel, an effort aimed at relieving potential bottlenecks that threaten to slow the deployment of fission power. Oklo was selected for advanced negotiations under the department’s Surplus Plutonium Utilization Program, which will...
Oklo Inc. shares jumped after the the Sam Altman-backed reactor technology company said it’s in talks to participate in a US Department of Energy program to supply nuclear fuel, an effort aimed at relieving potential bottlenecks that threaten to slow the deployment of fission power. Oklo was selected for advanced negotiations under the department’s Surplus Plutonium Utilization Program, which will make excess plutonium available to be converted into reactor fuel, the Santa Clara, California-based company said in a statement Tuesday. Oklo, which was selected with four other participants, will partner with the European nuclear provider Newcleo to use the material. Read More: Nuclear Power’s Second Revolution Needs a Lot More Fuel Under the program, the US will supply almost 20 metric tons of weapons-grade plutonium left over from Cold War-era nuclear weapons. Nuclear has regained public support in the artificial intelligence era because it can supply carbon-free power around the clock. Oklo is one of dozens of companies developing advanced reactors, a technology that’s not yet commercially viable but is tantalizing to hyperscalers and governments seeking to win the AI race. While demand for fission power is rising, the rollout of new nuclear plants may be threatened by potential shortfalls in the uranium fuel supply chain. “This program creates a pathway to use existing surplus material as bridge fuel for advanced reactors to bring more reactors online sooner,” Oklo Chief Executive Officer Jacob DeWitte said in the statement. “Material that has been set aside for disposal can instead be converted into fuel to produce electricity through fission.” Read more: Silicon Valley’s Risky Plan to Revive Nuclear Power in America Oklo shares surged as much as 11% in New York, and were up 6.3% to $70.06 at 9:50 a.m. in New York. The Energy Department didn’t immediately respond to a request for more information on the other awardees.
The next challenge to its dominance in investor portfolios may not come from a rival chip company. It may come from some of Nvidia’s biggest customers. Investors and analysts have long speculated that public listings could eventually rank among the largest technology offerings in history. Collectively, the three companies command valuations that already stretch into the hundreds of billions of dol...
The next challenge to its dominance in investor portfolios may not come from a rival chip company. It may come from some of Nvidia’s biggest customers. Investors and analysts have long speculated that public listings could eventually rank among the largest technology offerings in history. Collectively, the three companies command valuations that already stretch into the hundreds of billions of dollars. The AI Trade Evolves The first phase of the AI boom rewarded the companies supplying the infrastructure. Nvidia, alongside memory makers such as Micron Technology, Inc. (NASDAQ:MU) and SK Hynix, became some of the market’s biggest winners as demand for AI chips and servers exploded. The next phase could look very different. Rather than buying the companies selling the picks and shovels, investors may soon get the chance to buy stakes in the businesses using those tools to build AI models, products, and platforms. In other words, Wall Street may be offered a direct stake in the AI application layer rather than the infrastructure layer. A Battle For Capital, Not Customers That’s what makes the potential IPO wave so intriguing. SpaceX, OpenAI and Anthropic are not competing with Nvidia for customers. If anything, their growth has helped fuel demand for Nvidia’s hardware. But they could eventually compete for something else: investor capital. Fund managers don’t have unlimited room in their portfolios. If some of the world’s most valuable private technology companies come public, investors may have to decide whether the next dollar goes into today’s AI winners or tomorrow’s. For Nvidia, that may represent a new kind of competition—one measured not in chip shipments or market share, but in portfolio allocation. Image via Shutterstock
vzphotos/iStock Editorial via Getty Images Micron ( MU ) shares surged over 12% at Tuesday’s market open, putting the stock on track for its biggest intraday gain since May 8, after UBS lifted its price target on the memory-chip maker to a new Wall Street high. UBS analyst Timothy Arcuri raised his target to $1,625 from $535 and maintained a Buy rating, citing continued strength across the memory ...
vzphotos/iStock Editorial via Getty Images Micron ( MU ) shares surged over 12% at Tuesday’s market open, putting the stock on track for its biggest intraday gain since May 8, after UBS lifted its price target on the memory-chip maker to a new Wall Street high. UBS analyst Timothy Arcuri raised his target to $1,625 from $535 and maintained a Buy rating, citing continued strength across the memory market. The new target implies a market valuation of nearly $1.8T for Micron. Arcuri also boosted his earnings forecasts, projecting Micron will earn $155 per share in 2027, $167 in 2028, and $177 in 2029. The rally boosts MU’s year-to-date gains above 200% and puts the spotlight on ETFs with significant exposure to the chipmaker. 391 ETFs have Micron Technology ( MU ) within their top 15 holdings, as per data from ETFDb . GraniteShares 2x Long MU Daily ETF ( MULL ) — 100.10% weighting; +420.78% YTD Direxion Daily Technology Top 5 Bull 2X ETF ( TTXU ) — 27.46% weighting; +30.97% YTD AXS Knowledge Leaders ETF ( KNO ) — 16.55% weighting; +15.97% YTD iShares MSCI USA Value Factor ETF ( VLUE ) — 14.46% weighting; +37.01% YTD Direxion Daily MU Bull 2X ETF ( MUU ) — 12.78% weighting; +430.44% YTD US Vegan Climate ETF ( VEGN ) — 10.12% weighting; +21.44% YTD Invesco AI and Next Gen Software ETF ( IGPT ) — 9.93% weighting; +54.40% YTD AdvisorShares Gerber Kawasaki ETF ( GK ) — 9.66% weighting; +11.59% YTD Invesco PHLX Semiconductor ETF ( SOXQ ) — 9.63% weighting; +72.23% YTD SMART Earnings Growth 30 ETF ( SGRT ) — 9.57% weighting; +39.78% YTD iShares Semiconductor ETF ( SOXX ) — 9.51% weighting; +78.43% YTD U.S. Global Technology and Aerospace & Defense ETF ( WAR ) — 9.30% weighting; +42.70% YTD First Trust Nasdaq Semiconductor ETF ( FTXL ) — 9.08% weighting; +91.40% YTD Invesco S&P 500 Momentum ETF ( SPMO ) — 8.61% weighting; +21.47% YTD More on Micron Technology, AdvisorShares Gerber Kawasaki ETF, etc. Micron: Nvidia Gave Us The Green Light To Buy Micron: Massive Upside, But A Br...
Wall Street futures are edging lower on Tuesday as investors cautiously assess uncertainty surrounding a potential U.S.-Iran agreement following recent American strikes on selected Iranian targets. At the same time, markets remain highly sensitive to continued volatility in the oil market, with crude prices jumping nearly $3 and Brent moving back above $96 per barrel. Investors are also watching f...
Wall Street futures are edging lower on Tuesday as investors cautiously assess uncertainty surrounding a potential U.S.-Iran agreement following recent American strikes on selected Iranian targets. At the same time, markets remain highly sensitive to continued volatility in the oil market, with crude prices jumping nearly $3 and Brent moving back above $96 per barrel. Investors are also watching falling Treasury yields and strong gains across the semiconductor sector, led by Micron Technology. Meanwhile, cash indices opened higher, with the Nasdaq 100 and S&P 500 gaining 1% and 0.5%, respectively, even as futures slightly pulled back. Donald Trump said negotiations with Iran were “proceeding nicely,” although he warned that the U.S. could escalate military action if talks fail. The U.S. confirmed conducting “self-defense strikes” in southern Iran, targeting missile launch sites and vessels allegedly attempting to deploy mines. U.S. Treasury yields declined as markets reopened after the Memorial Day holiday, with the 10-year yield falling below 4.5%. Investors are scaling back expectations for near-term Fed rate cuts, with markets now pricing in an 8.5% probability of a July rate hike, up from just 0.9% a month ago. Markets are awaiting the Conference Board’s U.S. consumer sentiment data, scheduled for release at 3 PM GMT. The strongest gains are currently visible among semiconductor manufacturers - especially Micron. US100 (D1 interval) Source: xStation5 Company news The broader semiconductor sector is moving higher, with Qualcomm and Advanced Micro Devices (AMD) both gaining more than 3%, while Micron Technology has become the market’s key focus. Meanwhile, the oil sector is underperforming relative to crude prices - BP shares are down nearly 4% after the unexpected dismissal of Chairman Albert Manifold amid concerns related to governance oversight and management standards. Shares of Lear Corp. gained 2% after TD Cowen upgraded the stock from “Hold” to “Buy.” The b...
Luis Alvarez Telecom stocks outperformed the S&P 500 ( SP500 ) in 2026 as investors favored defensive sectors amid volatility in the market, according to a chart posted by Bloomberg. Verizon Communications ( VZ ) and AT&T ( T ) both posted double-digit gains this year while the S&P 500 slipped into negative territory, according to the data. The former rose roughly 20% year-to-date through April, w...
Luis Alvarez Telecom stocks outperformed the S&P 500 ( SP500 ) in 2026 as investors favored defensive sectors amid volatility in the market, according to a chart posted by Bloomberg. Verizon Communications ( VZ ) and AT&T ( T ) both posted double-digit gains this year while the S&P 500 slipped into negative territory, according to the data. The former rose roughly 20% year-to-date through April, while AT&T ( T ) gained around 12%, the chart showed. The outperformance reflected a broader rotation into sectors viewed as more insulated from economic uncertainty and elevated interest-rate volatility. Telecom operators also benefited from relatively stable cash flows and attractive dividend yields compared with higher-growth areas of the market. Communication services remained one of the few sectors still outperforming the S&P 500 since the market’s March 30 trough, according to an RBC Capital Markets note. The sector’s resilience marked a reversal from recent years, when investors overwhelmingly favored mega-cap technology and AI-linked growth stocks over traditional telecom shares. The relative strength in telecoms also suggested investors increasingly rewarded companies with defensive earnings profiles and dependable free cash flow as concerns over economic growth and stretched valuations in parts of the AI trade continued to build. Here is the chart: Bloomberg Communication Services ETFs: ( XLC ), ( VOX ), ( IYZ ), ( RSPC ), and ( XTL ). More on communication services A Subtle Change Took Place For The Capex Story XTL: Amazon For Globalstar Is Just The Latest Catalyst After A Chaotic Q1, I'm Buying XLK And XLC As The Market Exhales Only two sectors are driving the S&P 500 bull market higher since 2022 Weekly ETFs: Six of 11 sectors record outflows; gold leads inflows
Up until a decade ago, China had never launched as many as 20 orbital rockets a year. But beginning in 2022, the Asian country launched 64 rockets and last year reached a record total of 93, marking it as the second-most productive space power in the world. Further growth is anticipated from both the company's state-owned enterprises as well as a rapidly expanding number of private launch companie...
Up until a decade ago, China had never launched as many as 20 orbital rockets a year. But beginning in 2022, the Asian country launched 64 rockets and last year reached a record total of 93, marking it as the second-most productive space power in the world. Further growth is anticipated from both the company's state-owned enterprises as well as a rapidly expanding number of private launch companies. There is nothing wrong with this, as China's rapid growth in launch has been mirrored by the United States and, in particular, SpaceX. However there is an issue with these launches, as China appears to be ignoring long-established norms about disposing of the upper stages of rockets. These are the parts of the vehicle that separate from the first stage of a rocket and push a satellite or spacecraft into orbit. Read full article Comments
Gorilla Technology ( GRRR ) said on Tuesday it signed a strategic agreement with NeutraDC to secure an initial 5.5 megawatts of AI-focused data center capacity, expected to expand to about 18 MW by November 2026. The company said the capacity is expected to support growing AI compute and enterprise workloads across Asia and could contribute about $2B in revenue over five years at full utilization....
Gorilla Technology ( GRRR ) said on Tuesday it signed a strategic agreement with NeutraDC to secure an initial 5.5 megawatts of AI-focused data center capacity, expected to expand to about 18 MW by November 2026. The company said the capacity is expected to support growing AI compute and enterprise workloads across Asia and could contribute about $2B in revenue over five years at full utilization. Gorilla added the agreement supports its broader plan to aggregate 150 MW to 200 MW of regional capacity over the next year as demand for AI infrastructure rises. Stock up +7.9% on early Tuesday trading. More on Gorilla Technology Group Gorilla Technology Group Inc. (GRRR) Discusses Transition to AI Infrastructure Company and Yotta Deployment Highlights Transcript Gorilla Technology: Wide Guidance, Massive Hidden Upside Gorilla Technology Group Inc. (GRRR) Q4 2025 Earnings Call Transcript Gorilla Technology secures FCA approval for Shackleton Finance aquisition Gorilla Technology Group GAAP EPS of -$0.51 misses by $0.31, revenue of $101M beats by $1.32M
00:00 Speaker A Tom, I mean, should we care about these stock valuations? 00:05 Tom I think we should. I think the the key here is to be fearful when others are greedy. That doesn't mean we're bearish on the stock market at all. We are cautious on certain parts of the market that have absolutely run away, whether it's memory, whether it's semiconductors. and you'll notice that they've gone parabol...
00:00 Speaker A Tom, I mean, should we care about these stock valuations? 00:05 Tom I think we should. I think the the key here is to be fearful when others are greedy. That doesn't mean we're bearish on the stock market at all. We are cautious on certain parts of the market that have absolutely run away, whether it's memory, whether it's semiconductors. and you'll notice that they've gone parabolic in the last four to eight weeks as inflation expectations have risen as a result of elevated oil prices as a result of the Iran war. 00:41 Tom If we do get some resolution here in coming days or weeks, I think you're going to see a violent rotation out of these stocks and in back into the everything trade that we began the year with before the Iran war. If you remember, low volatility stocks were running, uh defensives were running, staples were running, industrials were running, everything was running, uh and then as in the last four to eight weeks, the only thing that worked was the AI trade and semiconductors. 01:21 Tom And look, Brian, you've been around as long as I have. Uh, you know, you don't have to look further than a Micron chart to see every four years for the last 30 years is the exact same story. Shortage, build capacity just in time for demand to wane, stock goes down. So right now people are buying the peaks. You're seeing it in retail call buying at record levels not seen since the meme days of late 2021, right before tech cooled off. 01:54 Tom Even institutional equity exposure is the highest since January 2022. That was not when you wanted to be buying equities. So, uh a dose of caution or at least rotation, even though we're not technically bearish and we're mostly invested, we do have some hedges on for the first time in some time.
With most companies having reported quarterly results, the latest quant ratings offer investors a fresh look at how small-cap stocks stack up across key metrics. Below is a snapshot of small-cap companies with market capitalizations between $300M and $2B, highlighting those with the highest and lowest quant ratings after the latest earnings reports. The ratings reflect how companies score across k...
With most companies having reported quarterly results, the latest quant ratings offer investors a fresh look at how small-cap stocks stack up across key metrics. Below is a snapshot of small-cap companies with market capitalizations between $300M and $2B, highlighting those with the highest and lowest quant ratings after the latest earnings reports. The ratings reflect how companies score across key factors including valuation, growth, profitability, momentum, and earnings revisions. Top-quant rated small-cap stocks: Alto Ingredients ( ALTO ): Quant Rating Strong Buy; 1-month performance -9.09% Netlist ( NLST ): Quant Rating Strong Buy; 1-month performance +37.86% Amtech Systems ( ASYS ): Quant Rating Strong Buy; 1-month performance +22.67% Rackspace Technology ( RXT ): Quant Rating Strong Buy; 1-month performance +167.74% Postal Realty Trust ( PSTL ): Quant Rating Strong Buy; 1-month performance +11.90% Lowest-rated small-cap stocks: Service Properties Trust ( SVC ): Quant Rating Strong Sell; 1-month performance +11.76% Oddity Tech ( ODD ): Quant Rating Strong Sell; 1-month performance -21.73% Vital Farms ( VITL ): Quant Rating Strong Sell; 1-month performance -18.96% Ascentage Pharma Group ( AAPG ): Quant Rating Strong Sell; 1-month performance -16.39% BellRing Brands ( BRBR ): Quant Rating Strong Sell; 1-month performance -46.03% Popular small-cap ETFs include iShares Russell 2000 ETF ( IWM ), Vanguard Small-Cap ETF ( VB ), SPDR Portfolio S&P 600 Small Cap ETF ( SPSM ), iShares Core S&P Small-Cap ETF ( IJR ), Schwab U.S. Small-Cap ETF ( SCHA ), Vanguard Small-Cap Growth ETF ( VBK ), Vanguard Small-Cap Value ETF ( VBR ), and Invesco S&P SmallCap Information Technology ETF ( PSCT ). More on Vanguard Small-Cap Index Fund ETF Shares, iShares Russell 2000 ETF, etc. Inflation Troubles, Now And Ahead No, The Market Is Not Getting Cheaper Business Conditions Monthly March 2026 Value or Growth? These 20 stocks offer both as markets hover near record highs Top 10 small‑cap...
MONACO, May 26, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, is pleased to announce today that, following today’s session of its Listings and Market Operations Committee, Euronext Athens has confirmed that all listing requirements for a dual listing of Safe Bulkers’ shares of common stock (ISIN code: MH...
MONACO, May 26, 2026 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, is pleased to announce today that, following today’s session of its Listings and Market Operations Committee, Euronext Athens has confirmed that all listing requirements for a dual listing of Safe Bulkers’ shares of common stock (ISIN code: MHY7388L1039) on the Main Market of Euronext are met, in accordance with Article 2, paragraph 4 of Law 3371/2005, subject to approval of a prospectus by the Hellenic Capital Markets Commission (the “HCMC”). The Company expects to announce the date on which trading will commence following approval of the prospectus by the HCMC. The Company is advised by Piraeus Bank S.A. as listing advisor. Potamitis Vekris Law Firm served as legal counsel on matters of Greek law and White & Case LLP served as global legal counsel. About Safe Bulkers, Inc. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along worldwide shipping routes for some of the world’s largest users of marine drybulk transportation services. The Company’s common stock, series C preferred stock and series D preferred stock are listed on the NYSE, and trade under the symbols “SB”, “SB.PR.C” and “SB.PR.D”, respectively. Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, including the anticipated dual listing of its Common Stock Shares on Euronext Athens and announcement regarding the commencement of trading. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company belie...
Tak Yeung/iStock Editorial via Getty Images Investment Thesis Yesterday, I read BTC ( BTC-USD ) as the cleaner compression watch and ETH ( ETH-USD ) as the more fragile side of the pair. The new hour does not overturn that framework. It makes it stricter. BTC actually gave the market a clean upside window overnight. For several hours, the signal quality and actionability were strong enough to matt...
Tak Yeung/iStock Editorial via Getty Images Investment Thesis Yesterday, I read BTC ( BTC-USD ) as the cleaner compression watch and ETH ( ETH-USD ) as the more fragile side of the pair. The new hour does not overturn that framework. It makes it stricter. BTC actually gave the market a clean upside window overnight. For several hours, the signal quality and actionability were strong enough to matter, and the secondary layer agreed with the upside lean. Then the latest read took that away. I do not see that as a failed thesis. I see it as a filter. This is the uncomfortable part of this tape. It was good enough to matter, but not good enough to trust blindly. I do not love the latest BTC read, but I also do not want to ignore the fact that the market already showed it can become actionable. The put-call balance is the key detail. BTC was leaning higher while put demand stayed heavy, with the 24-hour put-call ratio hovering around 1.5. That is not the same as broad, clean upside demand. It explains why the overnight move needed confirmation and why I am not surprised it faded. Ethereum is different. ETH has not collapsed, but it remains the part of the pair I trust less. The latest hour moved ETH back into a defensive warning near $2.10K, while several quality layers are still uneven. I do not need to dramatize that. It is enough to keep ETH on the weaker side of my screen. So my position is direct: BTC is still the better place to look for renewed participation; ETH remains the side where I would stay more careful. The Latest Read At A Glance I keep the table short because the story is not in the number of metrics. It is in what changed after the new hour. Bitcoin: The Signal Appeared, Then It Faded The most useful fact in BTC is not that the price is lower. It is that the market briefly became actionable overnight and then stepped back from that message. During the overnight window, BTC showed an upside lean inside compression, with signal strength above 55 and acti...
While many investors have focused heavily on the artificial intelligence trade lately, the banking industry has quietly performed well too. One commonly used proxy of the industry’s performance is the Invesco KBW Bank ETF NASDAQ: KBWB. Over the last 12 months, the fund has delivered a total return of around 35%, exceeding the S&P 500’s approximately 27% return over that period. Notably, large-scal...
While many investors have focused heavily on the artificial intelligence trade lately, the banking industry has quietly performed well too. One commonly used proxy of the industry’s performance is the Invesco KBW Bank ETF NASDAQ: KBWB. Over the last 12 months, the fund has delivered a total return of around 35%, exceeding the S&P 500’s approximately 27% return over that period. Notably, large-scale share buybacks have been a common theme among many bank stocks. After engaging in big-time buyback spending over the past several quarters, these three names are loading up again. All have huge buyback capacity equal to more than 10% of their market capitalizations. This allows these firms to continue lowering their outstanding share counts, adding a tailwind to per-share metrics. Get Citigroup alerts: Sign Up Citigroup’s Buyback Capacity Hits 14% Amid Turnaround Success First up is one of the most well-known banking institutions in the world, Citigroup NYSE: C. The stock has gone on an extremely strong run, delivering a total return above 70% over the last 12 months. This comes as Citi’s turnaround plan has been progressing well. In 2025, Citi saw record revenues across all of its five main business lines, and four out of five posted double-digit growth in Q1 2026. Overall, 2025 revenue hit a record $86.4 billion. Citigroup Today C Citigroup $125.57 +0.48 (+0.38%) 52-Week Range $73.49 ▼ $135.29 Dividend Yield 1.91% P/E Ratio 15.56 Price Target $137.62 Add to Watchlist Citi has also made judicious use of buybacks recently, spending $13 billion on repurchases in 2025—around four times what it spent in 2024. The company’s buyback pace continues to accelerate, with $6.3 billion of repurchases in Q1 2026, or nearly half of its 2025 spending in just one quarter. Now, the company has filled its buyback chest to the brim, authorizing a new $30 billion repurchase program. The firm noted, “This reflects both our earnings power and our confidence in the trajectory of our business."...