primeimages/E+ via Getty Images Key takeaways Potential to lock in yields Bond yields, though down from their highs, are still at attractive levels compared to the last 10 years, in our view. Investors can lock in these yields for years to come by investing in high-grade bonds before interest rates come down further. Cautious positioning amid volatility Rising market and macroeconomic volatility has led us to reduce the fund's risk positioning as we choose to be more cautious as uncertainty unfolds. More opportunities for investors Earnings growth, stable credit fundamentals, record issuance and improved valuations due to wider yield spreads among US investment grade bonds could create more attractive buying opportunities, potentially benefiting tactical and sophisticated credit investors. Investment objective The fund seeks total return, comprised of current income and capital appreciation. Fund facts Fund AUM ($M) 2,079.99 Click to enlarge Portfolio managers Michael Hyman, Chuck Burge Matthew Brill, Todd Schomberg Manager perspective and outlook Market sentiment appeared mixed during the quarter: the period began with a positive outlook for global economic growth but escalating geopolitical conflict in the Middle East seemingly led investors to lower their risk appetites. Disruption of oil and energy supplies from the closure of the Strait of Hormuz has pressured markets, raising inflation risks globally and steering central banks toward more cautious paths. Prolonged energy supply disruptions could weigh on growth. Current geopolitical tensions, sticky inflation and mixed labor data led the US Federal Reserve (Fed) to hold the federal funds rate steady during the quarter, with a target range of 3.50-3.75%. However, amid elevated uncertainty, the market's probability of a Fed rate increase by the end of 2026 has risen to over 50%. Credit spreads – the yield difference between Treasuries and US investment grade bonds – widened toward the end of the period amid this...

FTSE Russell has released a preliminary list of additions and deletions to its Russell Microcap Index. The newly reconstituted indexes take effect after US market close on June 26. The Russell Microcap Index tracks the performance of the micro-cap segment of the U.S. equity market. It comprises the smallest 1,000 companies within the Russell 2000 Index, along with up to the next 1,000 smallest eligible companies from the Russell 3000E Index. Information technology firms joining the Russell Microcap Index include Xerox ( XRX ), Commerce.com ( CMRC ), Rapid7 ( RPD ), XTI Aerospace ( XTIA ), and Sprout Social ( SPT ). Information technology firms leaving the Russell Microcap Index include Applied Digital ( APLD ), BigBear.ai ( BBAI ), Navitas Semiconductor ( NVTS ), Cipher Digital ( CIFR ), and Terawulf ( WULF ). More on Xerox Holdings Corporation, Rapid7, etc. Applied Digital: Massive Revenue Backlog Escalation Underway Applied Digital Just Hit 1GW Of Contracted Capacity - Why It Matters Rapid7, Inc. (RPD) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript TeraWulf acquires over 1 GW Eastern Kentucky HPC campus Notable analyst calls this week: Lam Research, Zscaler and Alcoa among top picks

Once upon a time, you could probably guess why most things appeared on your feed. Maybe you followed the creator who posted it; maybe you’d liked their stuff in the past; maybe all your friends were into them. That’s not how it works anymore, though. The stuff you see on TikTok, Instagram, YouTube Shorts, and elsewhere has become much harder to trace — the feeds are run by algorithms with lots of conflicting incentives, and are being gamed by an army of internet users you might not even know exist. Verge subscribers, don’t forget you get exclusive access to ad-free Vergecast wherever you get your podcasts. Head here. Not a subscriber? You can sign up here. On this episode of The Vergecast, The Verge’s Mia Sato explains how “clipping” works, and how turning content into bite-sized chunks has become big business all around the internet. It is increasingly possible to simply brute-force your way into people’s consciousness simply by appearing on their feeds a lot, and attention is all that matters, brute force is good enough. Mia explains how this happened, why social media platforms seem to both hate it and be resigned to it, and what it means for our experience online. After that, The Verge’s Victoria Song joins the show to compare notes with David on the new Fitbit Air. They’ve both been wearing and testing Google’s new $99 fitness tracker and its AI coach, and agree that Google appears to be onto something here. Of course, it all brings up the same questions as usual, about how you should preserve your privacy and whether you want to pour your vitals and feelings into a chatbot. But at least in this case, you do seem to get something back. Finally, Vee sticks around to help David answer a question from the Vergecast Hotline (call 866-VERGE11 or email vergecast@theverge.com!) about smart glasses, and whether helping you find things could be a killer app for the new category. In theory, your glasses have everything they need in order to keep tabs on your stuff; but i...

A woman has been found guilty of killing her five-year-old stepdaughter by punishing her in a scalding hot bath almost 50 years ago. Andrea Bernard’s death in 1978 in Thornton Heath, south London, was treated as an accident until her older brother, Desmond Bernard, went to police in 2022 with a new account of what happened, Isleworth crown court heard. Their stepmother, Janice Nix, 67 was found guilty on Tuesday of the manslaughter of Andrea and cruelty to Desmond between October 1975 and June 1978, when he between seven and nine years old. Giving evidence during the trial, Bernard, now 56, told jurors he had initially said his sister’s death had been an accident because he had wanted Nix to stop beating him. Jurors heard that on 6 June 1978, Nix was furious after Andrea had ignored instructions not to leave the house and to help clean. After hearing Nix shouting at his sister, Bernard could hear a bath running, he told the court. “I could hear Janice shouting ‘get in the bath’ and I could hear Andrea saying ‘the bath is too hot mummy’ … Then I heard screaming and splashing. “Then I heard the screaming stopped and I could hear Janice calling Andrea to ‘wake up’.” Bernard told jurors that when he had entered the bathroom he had seen his sister’s limp body and her “skin falling off her”. Andrea died nearly six weeks after being admitted at hospital with burns to 50% of her body, the court heard. View image in fullscreen An undated handout photo of Andrea Bernard. Photograph: Metropolitan police/PA Asked whether Nix had said anything about the incident, Bernard replied: “She asked me to say it was an accident … and to say that we were in the garden when it happened and that she would never beat me again.” He told jurors he had lived in constant fear of Nix’s beatings and had not told anyone the truth about what had happened to his sister because he had feared further punishment. Bernard told the court Nix had beaten him with a belt, bitten him, burned him with a cigare...

For decades, the 4% rule has been treated as one of the gold standards of retirement planning. And the idea is simple. If you withdraw 4% of your savings balance during your first year of retirement and adjust that amount annually for inflation, your savings should last roughly 30 years under typical market conditions. A big reason the 4% rule exists is to reduce the risk of retirees running out of money. But while the rule may be effective in that regard, it opens the door to another big risk. You may end up spending less than what you can afford It's definitely not a good idea to overspend in retirement, because then you risk depleting your nest egg in your lifetime. At the same time, following the 4% rule could put you in the opposite position where you underspend during retirement and lose out on certain experiences because of it. Part of the problem is that the 4% rule is fairly rigid. It doesn't account for the fact that you may want to spend more during your early retirement years, when your health might be optimal. It also doesn't give you the license to increase your spending to take advantage of strong markets. After all, you're supposed to start by withdrawing 4% of your IRA or 401(k) and then make inflation adjustments only. That doesn't necessarily allow for a six-week trek through Europe during your third year of retirement, or a follow-up trip during your 10th year if the market goes gangbusters. Tweak the 4% rule to work for you The 4% rule serves an important purpose. It gives retirement savers a guideline for managing withdrawals cautiously. But if you treat it as a hard cap on spending, you might lose out on a lot of joy. For this reason, you may want to plan to make adjustments to the 4% rule that allow you to maximize your healthiest years and strong markets to meet your retirement goals. Of course, the flipside of this is being flexible and reducing spending during down markets. But if you're willing to bend, it could give you more leeway to ac...

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Comparing Nvidia to Cisco Systems is a controversial topic. Nvidia’s sales growth this decade has looked similar to Cisco’s in its 1990s heyday, according to Ned Davis Research Group ‘s chief thematic strategist Pat Tschosik. After Cisco’s sales growth peaked in the second quarter of 1996, it then went through seven quarters of growth deceleration, before then accelerating for 12 quarters.

alexsl Wall Street’s major market averages pushed higher Tuesday as investors assessed the possibility of a resolution in the U.S.-Iran conflict, despite fresh strikes by Washington. The blue chip Dow ( DJI ) was +0.1%, the benchmark S&P 500 ( SP500 ) was +0.7%, and the tech focused Nasdaq Composite ( COMP:IND ) was +1.1%. From a sector-by-sector perspective, eight of the 11 S&P are in the green, led by the info tech space. Going in the other direction, consumer staples has struggled the most on the session. U.S. forces carried out what they described as “self-defense” strikes in southern Iran early Tuesday, with U.S. Central Command stating that the operation was intended to “protect our troops from threats posed by Iranian forces.” On the economic data front, the April Chicago Fed National Activity Index was +0.14 vs. -0.15 in March (revised from -0.20) and -0.10 consensus. The FHFA House Price Index increased in line with expectations during March. Furthermore, home prices unexpectedly slipped in March on an adjusted basis. U.S. Treasury yields moved lower across the curve. The 10-year Treasury yield ( US10Y ) dipped 6 basis points to 4.49%, while the 2-year Treasury yield ( US2Y ) fell 6 basis points to 4.06%. The 30-year Treasury yield ( US30Y ) slid 4 basis points to 5.02%. As for stocks that were on the move, shares of Micron Technology ( MU ) advanced higher by 14.2%, while shares of AutoZone ( AZO ) fell 9.2%. More on markets The US-Iran War: Deal Unlikely, Brace For Inflationary Shock Kevin Warsh Is Walking Into A Bond Market Trap Inflation Troubles, Now And Ahead No, The Market Is Not Getting Cheaper Corrections Vs. Bear Markets: Why 20% Declines Are Obsolete

Robert Way/iStock Editorial via Getty Images Two months ago, not long after its first earnings report for calendar 2026, Nvidia Corporation ( NVDA ) saw continued weakness. At the time of my writing , it was down 13%. I said there was further to fall still before it would find the next support level, as well as questioned whether the correction was complete or if there was only going to be a mild bounce before continuing lower. Fast forward to the recent report from last week, I told Tech Cache subscribers the earnings reaction was highly likely to be down, but it should find its way to the support level, reverse, and continue the rally in the days and weeks following. This week, Nvidia finds itself close to the support level, and it's likely to find the next leg in its rally into new all-time highs shortly. Checking The Record In March, my analysis highlighted the company's great earnings report didn't equal its stock rallying . Many investors think the market is logical, so when businesses report excellent earnings, they think the stock goes up. But the market isn't logical; if it were, Nvidia wouldn't have dropped double-digit percentage points on a historic bullish report in late February. You might attempt mental gymnastics to make an argument for a logical market, but it won't hold water. Nonetheless, the drop at the time wasn't complete, and I said it was likely to test the $162-$163 area before it found support. If I look at just the A-B-C target, this is pointing toward the 100% extension at the $162.60 area. If it breaks down decisively below the 100% extension of waves A and B, then my lower-degree look at the C wave is likely what's playing out. If it holds the 100% extension and we see a more meaningful bounce, then we either could have completed the correction or have just completed the first leg of an even larger correction set to play out over the next year or two. I'm still looking lower in the near term, as we're still above the 100% extension. The...

One out of every five people arrested after their participation in the 2024 summer riots has since been reported to the police for domestic abuse, the Guardian can disclose. Police data released under freedom of information (FoI) laws shows that 21% of 949 people arrested for taking part in the violent disorder have been reported for crimes associated with intimate partner violence since August 2024. For individuals arrested by Cumbria police, this figure was as high as 54%. Offences for which alleged rioters have since been reported include common assault, controlling and coercive behaviour, breach of domestic violence protection notice and injunctions, threats to kill, actual bodily harm, and criminal damage. The Guardian previously revealed that two out of every five arrested for participating in the riots had been the subject of a domestic abuse report before their involvement in the public disorder. Calls to protect women and children alongside anti-migrant rhetoric have been a common feature of these rallies. The Guardian’s data was obtained through FoI requests sent to 21 police forces covering the 27 towns and cities across England and Northern Ireland where the 2024 riots took place. The 27 towns were identified as sites of significant disorder in a House of Commons briefing document published in September 2024. Between 30 July and 7 August 2024, an estimated 29 anti-immigration demonstrations and riots took place. Thousands participated in rioting in some locations and many involved significant property damage. In Hull, 116 people were arrested. Just under three in 10 – 33 in total – have since been reported for domestic abuse, Humberside police said. In Rotherham, where hundreds attacked and set fire to an asylum hotel, 171 people were arrested, 40 of whom have since been reported for domestic abuse, South Yorkshire police said. In Bristol, Avon and Somerset police reported that of the 60 people arrested, 12 have since been subject to reports relating to ...

Nvidia Stock: The Bigger Setup For Higher Is Now Here (Technical Analysis, Upgrade) (NVDA) Seeking Alpha

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格隆汇5月26日｜美国5月谘商会消费者信心指数93.1，预期92，前值92.8。

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 18, Genesis Energy L.P.'s Senior Vice President, Garland G. Gaspard, invested $201,635.60 into 12,340 shares of GEL, for a cost per share of $16.34. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Tuesday, bargain hunters could buy shares of Genesis Energy L.P. (Symbol: GEL) and achieve a cost basis 1.1% cheaper than Gaspard, with shares changing hands as low as $16.16 per share. Genesis Energy L.P. shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of GEL shares, versus its 200 day moving average: Looking at the chart above, GEL's low point in its 52 week range is $14.7601 per share, with $18.64 as the 52 week high point — that compares with a last trade of $16.10. By comparison, below is a table showing the prices at which GEL insider buying was recorded over the last six months: Purchased Insider Title Shares Price/Share Value 05/18/2026 Garland G. Gaspard Senior Vice President 12,340 $16.34 $201,635.60 Click here to find out which 9 other energy stock bargains you can buy cheaper than insiders » Further GEL Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

iQoncept/iStock via Getty Images As earnings season winds down, investors are shifting focus to updated quant ratings following the latest wave of corporate results. The scores offer a snapshot of how companies rank across key factors such as valuation, growth, profitability, momentum, and estimate revisions immediately after reporting their quarterly performance. Of note, the Health Care Select Sector SPDR Fund ETF ( XLV ), which represents a sector holding a substantial 12.12% weight in the S&P 500, has emerged as a distinct laggard in the current market environment. Year-to-date, the XLV has declined 3.17%, starkly underperforming against the 9.17% gain seen in the broader S&P 500 benchmark index. To evaluate individual opportunities within this lagging sector, Seeking Alpha’s Quant system rates stocks on a scale from 1 to 5. Under this model, scores of 3.5 or above are classified as bullish, while scores of 2.5 or below indicate a bearish assessment. Post-earnings quant scorecard: Below is a summary of large-cap healthcare companies ($10B+) ranked by their current factor scores. Top-quant rated stocks: Centene Corporation ( CNC ), Quant Rating: 4.96 , Strong Buy. BrightSpring Health Services ( BTSG ), Quant Rating: 4.91 , Strong Buy. Jazz Pharmaceuticals ( JAZZ ), Quant Rating: 4.81 , Strong Buy. DaVita ( DVA ), Quant Rating: 4.79 , Strong Buy. Astellas Pharma ( ALPMY ), Quant Rating: 4.58 , Strong Buy. Bottom-quant rated stocks: CSL Limited ( CSLLY ), Quant Rating: 1.14 , Strong Sell. EssilorLuxottica ( ESLOY ), Quant Rating: 1.28 , Strong Sell. Shionogi & Co. ( SGIOY ), Quant Rating: 1.28 , Strong Sell. Insmed Incorporated ( INSM ), Quant Rating: 1.29 , Strong Sell. Daiichi Sankyo Company ( DSNKY ), Quant Rating: 1.34 , Strong Sell. More on healthcare stocks after earnings season AI Revolutionizing Biopharma: Faster, Better, Cheaper Trump's Psychedelics Stance Reignites Sector - How Investors Can Benefit Routine Vaccines Okay For Now: Investment Implications O...

美国5月谘商会消费者预期指数 74.4，预期 71，前值 72.2。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

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美国5月谘商会消费者现况指数 121.2，预期 123，前值 123.8。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

美国5月谘商会消费者信心指数 93.1，预期 91.5，前值 92.8。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

Huawei Technologies has engineered a workaround to one of China’s most crippling chipmaking bottlenecks, but analysts warn that the nation’s path to semiconductor independence is still constrained by manufacturing challenges. The US-sanctioned tech giant on Monday introduced a new scaling law and a chip architecture designed to deliver products equivalent to an advanced 1.4-nanometre processing node by 2031. If true, the innovation marks a significant milestone for Huawei, which has been cut off from advanced semiconductors, leading lithography machines from Dutch supplier ASML, and cutting-edge electronic design automation (EDA) tools since 2019. Advertisement The company’s new Tau (τ) Scaling Law proposes a major shift in how chips are built. For decades, the industry advanced by physically shrinking transistors to pack more onto a silicon wafer. Huawei is betting instead on a concept called “time scaling”. Rather than trying to make the hardware components smaller, the firm aims to boost performance by compressing the effective time constant (τ) – essentially speeding up how fast signals travel across devices, circuits and systems. Advertisement Under this new path, improvements in lithography tooling – the critical chokepoint in China’s semiconductor ambitions – are “not necessary”, according to He Tingbo, chair of Huawei Scientist Committee and president of the company’s semiconductor business department.

Four days. That’s all that’s left to decide, not just whether you’ll be at TechCrunch Disrupt 2026, but how you’ll show up from October 13 to 15 at San Francisco’s Moscone West and how much momentum you create once you’re there. Right now, you can save up to $410 on your Disrupt pass before prices increase on May 29 at 11:59 p.m. PT. After that, rates go up, and so does the cost of missing the conversations, visibility, and connections that can accelerate what happens next for your company. Because at a certain point, growth is no longer just about building. It’s about being seen, understood, and taken seriously by the people who influence what comes next. You only have four days left to secure your savings. Choose your ticket type and lock in the lowest available rates before prices rise. Gain visibility at every startup stage Most founders don’t struggle to generate attention. There are more channels than ever to get in front of people, and more ways to create surface-level visibility. What’s harder, and far more important, is earning credibility. Investors don’t respond to visibility alone; they respond to confidence. Partners don’t engage based on awareness; they engage based on trust. Even early customers are making decisions about what feels established, what feels validated, and what feels worth their time. Image Credits:Eric Slomonson, The Photo Group Disrupt stages Across six industry stages, Disrupt is designed to show how companies earn trust at every phase of growth by putting founders, investors, and operators in environments where credibility is built in real time through practical, hands-on sessions. Visit the Disrupt agenda to see the new sessions added to each stage. Builders Stage Builders and operators break down how companies actually scale. Learning from founders who’ve done it, and applying those frameworks, helps you speak with more authority when discussing growth, fundraising, and execution. AI Stage Explore how leading companies are applyin...

Today, I’m talking with Google and Alphabet CEO Sundar Pichai, in a conversation we recorded just after the Google I/O developer conference. This is the fifth year Sundar and I have sat down after I/O, and it’s become one of my favorite Decoder traditions. There’s always a lot of news at I/O, and this year was no exception — Google has powerful new Gemini models, it’s putting AI agents in everything, and it’s making huge changes to Search on both the web and YouTube that will once again reshape the information ecosystem. That’s a lot to talk about, and Sundar and I got into all of it. But I also realized it’s been a long time since I’d asked Sundar the Decoder questions about structure and decision making, so I started there. You’ll hear Sundar say he realized he needed to rethink how Google worked a few years ago in response to ChatGPT, and he made a lot of executive changes and big decisions to get the company in a more aggressive posture. Verge subscribers, don’t forget you get exclusive access to ad-free Decoder wherever you get your podcasts. Head here . Not a subscriber? You can sign up here . Of course, we also talked about all those search changes, and how it seems obvious that the real future of Google Search is bringing things like the new intelligent search box together with the company’s new Gemini Spark agent platform . That way, searches can set off tasks, not just deliver results. That’s exciting, but it seems likely to yet again change the dynamics of the open web. If you’re a Decoder listener, you’ll know that I coined the term Google Zero a few years ago — that’s the idea that Google traffic to websites would fall to zero as the company answered more and more queries directly on the search results page. That’s gone from an idea Sundar batted away in previous interviews to something the entire media industry is grappling with. Even the CEOs of major publishers like Condé Nast are now publicly saying they’re planning for a world of zero search traffi...

Private equity-backed Voltera and Revel Transit Inc. have agreed to merge their electric-vehicle charging businesses to serve ride-hail cars and robotaxis across urban areas in the US. The combined business, which will operate under the Voltera brand and be led by Revel Chief Executive Officer Frank Reig , is expected to include more than 1,000 charging stalls across 11 major US markets, the companies said in a statement on Tuesday. In addition to building infrastructure for autonomous and ride-hail vehicles, the new company “expects to explore adjacent opportunities,” including fleet services, charging for non-autonomous cars, and energy management solutions such as battery storage. The merger would create a major player in the market for charging commercial fleets as cities push taxi operators to switch to reduce carbon emissions. The number of available chargers has been a key bottleneck for EV adoption, with demand expected to grow as robotaxi companies expand commercial services across the US this year. Private equity group EQT AB , an existing shareholder of Palo Alto, California-based Voltera, will be the majority owner of the combined company. Revel’s primary investor, BlackRock Inc. ’s Global Infrastructure Partners LP , will retain a stake in the new entity. The companies declined to disclose the valuation of the merged firm. The development comes nine months after Revel announced plans to wind down its money-losing rideshare operation in New York and pivot to EV charging, with ambitions to add hundreds of stalls across Los Angeles, San Francisco and New York this year. Revel counts Uber Technologies Inc. as a key partner after the ride-hail giant agreed to guarantee usage by its drivers at Revel charging stations. Read More: Revel to End New York Rideshare Business to Focus on EV Charging The companies said the merger will combine Voltera’s development capabilities and customer relationships with Revel’s established urban footprint and operating expertise...