China’s Zhejiang Huayou Cobalt Ltd. plans to set up a lithium carbonate plant in Zimbabwe, according to the southern African country’s mines minister. Zimbabwe has become a major supplier of lithium feedstock, following a surge in investment by Chinese companies. However, the government is pushing those investors to build up local processing capacity for the battery metal, so that the nation can d...
China’s Zhejiang Huayou Cobalt Ltd. plans to set up a lithium carbonate plant in Zimbabwe, according to the southern African country’s mines minister. Zimbabwe has become a major supplier of lithium feedstock, following a surge in investment by Chinese companies. However, the government is pushing those investors to build up local processing capacity for the battery metal, so that the nation can derive greater benefits from its mineral wealth. “They will be producing lithium carbonate, which is more valued,” Mines Minister Polite Kambamura, told reporters in the capital, Harare on Thursday. “So we look forward to firming up of metal prices globally, and also to increase our export revenues.” Zimbabwe accounted for about 10% of global mined lithium production last year, according to the US Geological Survey. The minister said the country’s mining sector is expected to generate as much as $7 billion in revenues this year, after producing $2 billion in the first half. “We are looking forward to this being anchored by the export receipts from minerals such as gold,” said Kambamura.
metamorworks/iStock via Getty Images By Seema Shah, Chief Global Strategist Markets are adapting to a regime shift in which macro, policy, and technology are colliding more directly - and more quickly - than investors have been used to. This set of five articles draws on Seema Shah’s (Chief Global Strategist at Principal Asset Management) discussion of the “five dynamics” shaping today’s investmen...
metamorworks/iStock via Getty Images By Seema Shah, Chief Global Strategist Markets are adapting to a regime shift in which macro, policy, and technology are colliding more directly - and more quickly - than investors have been used to. This set of five articles draws on Seema Shah’s (Chief Global Strategist at Principal Asset Management) discussion of the “five dynamics” shaping today’s investment landscape, translating those dynamics into practical frameworks for portfolio decision-making. Each stands alone, but together the articles are intended to help you separate headline noise from durable trends, understand where risks can propagate across asset classes, and identify where diversification can be most valuable. The five dynamics are: (1) an unsettled geopolitical backdrop that can move commodities, inflation expectations, and central-bank pricing; (2) an affordability squeeze that is as much about the price level and borrowing costs as it is about growth; (3) artificial intelligence as both a powerful productivity story and a concentrated capital-spending cycle with second-order risks; (4) the evolving limits of policy support - where sticky inflation constrains the Fed and elevated deficits constrain fiscal rescue; and (5) the question of U.S. exceptionalism at a moment when international markets, currencies, and valuations are reasserting themselves. Across the series, the emphasis is not on making a single point forecast, but on mapping the channels through which each dynamic affects growth, inflation, earnings, and discount rates - and where the market may be complacent versus appropriately looking through a shock. The common thread is that the opportunity set is broadening as volatility rises: disciplined scenario thinking, attention to balance sheet and policy constraints, and global diversification are increasingly central to navigating the investment horizon. Geopolitics Geopolitics still matters - even when markets appear to move on Geopolitical shoc...
The rapid rise of Nvidia ( NVDA ) has revived comparisons with Cisco Systems ( CSCO ) during the dot-com era, as investors debate whether the AI boom can sustain the expectations now embedded in technology stocks, according to a TS Lombard note. The comparison comes as Nvidia sits at the center of an unprecedented wave of AI-related spending. TS Lombard estimates global AI capital expenditures wil...
The rapid rise of Nvidia ( NVDA ) has revived comparisons with Cisco Systems ( CSCO ) during the dot-com era, as investors debate whether the AI boom can sustain the expectations now embedded in technology stocks, according to a TS Lombard note. The comparison comes as Nvidia sits at the center of an unprecedented wave of AI-related spending. TS Lombard estimates global AI capital expenditures will reach roughly $800B in 2026, with U.S. hyperscalers including Amazon ( AMZN ), Microsoft ( MSFT ), Alphabet ( GOOGL ), Meta Platforms ( META ), and Oracle ( ORCL ) expected to spend more than $700B on datacenters and related infrastructure. But analyst Dario Perkins argued that history offers reasons for caution. During the late-1990s internet boom, Cisco became one of Wall Street's biggest winners as investors bet the company would benefit from the rapid expansion of online infrastructure. While the internet ultimately transformed the global economy, Cisco's earnings took far longer to justify the lofty expectations that had been built into its stock price, according to the note. "Perhaps Nvidia is the new Cisco," Perkins wrote, arguing that a company can remain highly profitable and strategically important while still disappointing investors if growth fails to keep pace with market expectations. TS Lombard also pointed to Britain's Railway Mania in the 1840s as another example of a transformative technology that attracted excessive investment. The railway boom reshaped commerce and transportation but was accompanied by speculative excess, collapsing asset prices, and financial losses for many investors. Charts in the report highlighted both the surge in railway stocks ahead of the bust and Cisco's explosive growth during the dot-com era. The firm stopped short of calling for an imminent reversal in AI-related stocks, noting that cloud revenues, compute demand, and datacenter investment continue to accelerate. However, it argued that much of the industry's growth remains...
The rapid rise of Nvidia ( NVDA ) has revived comparisons with Cisco Systems ( CSCO ) during the dot-com era, as investors debate whether the AI boom can sustain the expectations now embedded in technology stocks, according to a TS Lombard note. The comparison comes as Nvidia sits at the center of an unprecedented wave of AI-related spending. TS Lombard estimates global AI capital expenditures wil...
The rapid rise of Nvidia ( NVDA ) has revived comparisons with Cisco Systems ( CSCO ) during the dot-com era, as investors debate whether the AI boom can sustain the expectations now embedded in technology stocks, according to a TS Lombard note. The comparison comes as Nvidia sits at the center of an unprecedented wave of AI-related spending. TS Lombard estimates global AI capital expenditures will reach roughly $800B in 2026, with U.S. hyperscalers including Amazon ( AMZN ), Microsoft ( MSFT ), Alphabet ( GOOGL ), Meta Platforms ( META ), and Oracle ( ORCL ) expected to spend more than $700B on datacenters and related infrastructure. But analyst Dario Perkins argued that history offers reasons for caution. During the late-1990s internet boom, Cisco became one of Wall Street's biggest winners as investors bet the company would benefit from the rapid expansion of online infrastructure. While the internet ultimately transformed the global economy, Cisco's earnings took far longer to justify the lofty expectations that had been built into its stock price, according to the note. "Perhaps Nvidia is the new Cisco," Perkins wrote, arguing that a company can remain highly profitable and strategically important while still disappointing investors if growth fails to keep pace with market expectations. TS Lombard also pointed to Britain's Railway Mania in the 1840s as another example of a transformative technology that attracted excessive investment. The railway boom reshaped commerce and transportation but was accompanied by speculative excess, collapsing asset prices, and financial losses for many investors. Charts in the report highlighted both the surge in railway stocks ahead of the bust and Cisco's explosive growth during the dot-com era. The firm stopped short of calling for an imminent reversal in AI-related stocks, noting that cloud revenues, compute demand, and datacenter investment continue to accelerate. However, it argued that much of the industry's growth remains...
Sleep Number Corporation ( SNBR ) is preparing for a potential Chapter 11 bankruptcy filing as it struggles under a heavy debt load and weakening financial performance, according to The Wall Street Journal. Sources indicate that the company is expected to use the restructuring process to reorganize its operations while keeping the business intact, and it may also explore a sale as part of that pro...
Sleep Number Corporation ( SNBR ) is preparing for a potential Chapter 11 bankruptcy filing as it struggles under a heavy debt load and weakening financial performance, according to The Wall Street Journal. Sources indicate that the company is expected to use the restructuring process to reorganize its operations while keeping the business intact, and it may also explore a sale as part of that process. The company has already taken steps to shore up its finances. Earlier this year, it hired Guggenheim Securities to evaluate ways to improve the balance sheet and liquidity. It also secured $55M in additional liquidity through a combination of a new term loan and expanded flexibility from existing lenders. At the same time, Sleep Number ( SNBR ) disclosed plans to provide one-time cash retention bonuses to senior executives, including its CEO and CFO, signaling a focus on maintaining leadership stability during the restructuring. Sleep Number ( SNBR ) has been struggling for years and reported a 19% decline in sales in the most recent quarter, alongside a significantly wider net loss of $50M compared with $9M a year earlier. The decline has been driven by weaker demand and a smaller store footprint, making it increasingly difficult for the company to service its more than $600M in debt. Looking back, Sleep Number went public on December 4, 1998, via an IPO that raised roughly $45M and led to its listing on Nasdaq. Shares of Sleep Number ( SNBR ) fell 65% in premarket trading to $0.38. The stock price peaked in 2021 at more than $140 per share. More on Sleep Number Sleep Number Corporation (SNBR) Q1 2026 Earnings Call Transcript Sleep Number Corporation (SNBR) Q4 2025 Earnings Call Transcript Most and least shorted consumer discretionary stocks with up to $2B market cap as of end-May GoPro, SES AI among consumer discretionary stocks to join the Russell 3000; Faraday Future, Travelzoo to exit Seeking Alpha’s Quant Rating on Sleep Number
Sangoma Technologies ( STC:CA ) announced on Thursday that Larry Stock has elected to retire from his role as chief financial officer effective June 30, 2026. Upon his retirement, Stock will remain available to the company in a senior advisory capacity for a period of one year to ensure an orderly transition, the company said. Effective July 1, 2026, Adrian Back , current senior vice president, fi...
Sangoma Technologies ( STC:CA ) announced on Thursday that Larry Stock has elected to retire from his role as chief financial officer effective June 30, 2026. Upon his retirement, Stock will remain available to the company in a senior advisory capacity for a period of one year to ensure an orderly transition, the company said. Effective July 1, 2026, Adrian Back , current senior vice president, finance, will assume the role of interim chief financial officer, the company added. Concurrently, the Board of Directors has commenced a search to identify a permanent successor to the CFO role, which will include both internal and external candidates, the firm highlighted. More on Sangoma Technologies Sangoma renews share buyback program Historical earnings data for Sangoma Technologies Financial information for Sangoma Technologies
A civil dispute over a divorce settlement has transformed into a criminal investigation after a local court noticed that two retired Chinese public servants were fighting over nearly 100 million yuan ($15 million) in assets — a sum that vastly exceeded their official incomes. The case, which has recently drawn intense public scrutiny in China, highlights the eye-popping wealth accumulated by some ...
A civil dispute over a divorce settlement has transformed into a criminal investigation after a local court noticed that two retired Chinese public servants were fighting over nearly 100 million yuan ($15 million) in assets — a sum that vastly exceeded their official incomes. The case, which has recently drawn intense public scrutiny in China, highlights the eye-popping wealth accumulated by some midlevel officials during China’s decades of economic boom as well as the risks of airing domestic disputes in public courts.
Venture Global is poised to stage another rally as signs of the Iran war's longer-term impacts on commodities — including natural gas — begin to emerge, according to JPMorgan. The investment bank upgraded the gas name to overweight from neutral. It also hiked its price target on shares to $17 from $16, suggesting 36% upside from Wednesday's close. "We see VG's [liquefied natural gas] volatility va...
Venture Global is poised to stage another rally as signs of the Iran war's longer-term impacts on commodities — including natural gas — begin to emerge, according to JPMorgan. The investment bank upgraded the gas name to overweight from neutral. It also hiked its price target on shares to $17 from $16, suggesting 36% upside from Wednesday's close. "We see VG's [liquefied natural gas] volatility value capture, pricing upside and contracting momentum, and growth execution creating a meaningful catalyst path ahead," analyst Jeremy Tonet said in a note to clients. The natural gas provider jumped 62.6% in March, when the U.S.-Iran war began. However, the stock has given up some of those gains, losing 15.8% in April and another 9.3% in May. That's because the market is not fully pricing in the fact that liquefied natural gas will likely continue to experience heightened volatility even if the war ends, according to JPMorgan. VG mountain 2026-05-28 Shares are up about 29% since the start of the Iran war. "Pricing has been slow to fully reflect the risk of physical supply displacement," Tenet wrote. "After enjoying a sharp rise at the conflict's beginning, VG has given back much of the gains, and we believe the market underappreciates elevated [liquefied natural gas] volatility continuing." The analyst noted that liquefied natural gas prices could remain elevated following the Iran war due to the considerable infrastructural damage sustained by oil-rich nations such as Qatar. In addition, a new "political risk premium" could keep prices elevated for the foreseeable future. A premium on natural gas should be a boon for Venture Global, according to JPMorgan. "Ultimately, we see these geopolitical developments playing into VG's strengths, leading to outsized margin capture and aiding medium- and long-term contracting," Tonet wrote. JPMorgan's call falls in line with consensus on Wall Street. Of the 18 analysts covering the stock, 10 have a buy or strong buy on shares, LSEG dat...
SU Group Holdings Limited ( Nasdaq: SUGP ) on Thursday said it had been awarded a contract to supply and install six under-vehicle surveillance systems 'UVSS' at the new Huanggang Port border crossing between Hong Kong and Shenzhen. The company said the systems will be installed across six vehicle inspection lanes and locations at the new port, which is expected to open on July 1. According to SU ...
SU Group Holdings Limited ( Nasdaq: SUGP ) on Thursday said it had been awarded a contract to supply and install six under-vehicle surveillance systems 'UVSS' at the new Huanggang Port border crossing between Hong Kong and Shenzhen. The company said the systems will be installed across six vehicle inspection lanes and locations at the new port, which is expected to open on July 1. According to SU Group, the UVSS uses AI-enabled image processing to help reduce image distortion caused by variations in vehicle speeds, producing undercarriage images for inspection. The new Huanggang Port is designed to operate around the clock and is expected to handle about 200,000 to 300,000 passenger trips and 15,000 vehicles per day. Authorities expect the facility to reduce border clearance times from around 30 minutes to about 5 minutes through a one-stop immigration process. SU Group said the vehicle inspection systems are intended to support the detection of contraband, hidden compartments, vehicle modifications, and other security risks during border crossings. Source: Press Release More on SU Group Holdings SU Group prices $6M public offering; shares slip over 28% Financial information for SU Group Holdings
lyash01/iStock via Getty Images Delfin Midstream said Wednesday it has taken a final investment decision to move forward with construction of the first floating liquefied natural gas vessel of the Delfin LNG project under development in Louisiana . Delfin FLNG 1 will be the first floating liquefaction facility in the U.S. and the largest FLNG project globally, with an expected export capacity of 4...
lyash01/iStock via Getty Images Delfin Midstream said Wednesday it has taken a final investment decision to move forward with construction of the first floating liquefied natural gas vessel of the Delfin LNG project under development in Louisiana . Delfin FLNG 1 will be the first floating liquefaction facility in the U.S. and the largest FLNG project globally, with an expected export capacity of 4.4M metric tons/year of LNG. The vessel is scheduled to begin LNG production in 2030, and the company is targeting FIDs for two more FLNG vessels over the coming year; the three total vessels would be capable of exporting a combined 13.2M tons/year of LNG. Concurrent with the FID, a group of investors led by BlackRock-backed ( BLK ) Global Infrastructure Partners, together with existing Delfin investors Mitsui O.S.K. Lines, energy and commodities trader Vitol, and Diameter Capital Partners, have agreed to invest in the $5B first phase of the project. T he project has sold 3.55M tons/year of capacity under binding, long-term contracts, to U.S. natural gas producer Expand Energy ( EXE ), U.K. utility Centrica ( CPYYF ) ( CPYYY ), Swiss trader Gunvor, and Vitol. U.S. developers have launched construction for 21.7M tons/year of LNG capacity so far this year, following approvals for 67.2M tons/year of new capacity in 2025; one other project, Glenfarne's 4M tons/year Texas LNG project, is expected to make an investment decision this month. ETFs: ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ) More on natural gas Natural Gas Rises Amid LNG Shortage And Risks For Europe Commodities: Oil Trades Lower As U.S.-Iran Deal Noise Grows A Massive Energy Crisis Is Brewing, And It Could Change Everything For Markets
SunPower Inc., a prominent player in the solar technology and services industry, has announced a strategic move to offer bonus shares instead of cash interest for upcoming payments on its Convertible Senior Notes. This approach, aimed at providing the company with increased financial flexibility, aligns with their ongoing efforts to support energy transition goals. As SunPower continues to help cu...
SunPower Inc., a prominent player in the solar technology and services industry, has announced a strategic move to offer bonus shares instead of cash interest for upcoming payments on its Convertible Senior Notes. This approach, aimed at providing the company with increased financial flexibility, aligns with their ongoing efforts to support energy transition goals. As SunPower continues to help customers shift toward more energy-efficient solutions, this proposal indicates a commitment to...
Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day
Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day
The first sustained default cycle in credit in many years has already started and the market will see higher losses than it’s grown used to, Pacific Investment Management Co. ’s chief investment officer warned. “There’s a lot going on beneath the surface,” Daniel Ivascyn said in an emailed circular from video comments , despite spreads being close to their tightest on record. Ivascyn joins Davidso...
The first sustained default cycle in credit in many years has already started and the market will see higher losses than it’s grown used to, Pacific Investment Management Co. ’s chief investment officer warned. “There’s a lot going on beneath the surface,” Daniel Ivascyn said in an emailed circular from video comments , despite spreads being close to their tightest on record. Ivascyn joins Davidson Kempner partner Suzanne Gibbons and Na Wei at Barclays Plc in cautioning about the risk of a rise in delinquencies as a wall of debt comes due for repayment. Holly Kim , founding partner at Glendon Capital Management, told the Bloomberg Global Credit Forum on Wednesday that trouble will emerge from the leveraged buyouts of 2021 and 2022 that were financed with cheap borrowings. Read more: Barclays’ Wei Says ‘Prepare for War’ in Software Refinancings The huge volumes of capital being invested in AI-related infrastructure is also creating some risks, Ivascyn wrote. “It’s not a sector where we want to be overweight given the uncertainty, the volatility, the need to predict how companies are going to make money in this space,” he wrote. “But because of the massive funding needs, you can be defensive in terms of overall exposure and unlock tremendous value.”
King Street Social Club, North Shields Teeing up a forthcoming solo album, the rapper doesn’t reheat his old Beastie Boys sound, instead throwing down everything from ballads to Kraftwerk references Adam Yauch AKA MCA’s death in 2012 from cancer aged 47 effectively ended the stellar recording and performing career of hip-hop trio Beastie Boys. Since then, bandmates Adam “Ad-Rock” Horovitz and Mich...
King Street Social Club, North Shields Teeing up a forthcoming solo album, the rapper doesn’t reheat his old Beastie Boys sound, instead throwing down everything from ballads to Kraftwerk references Adam Yauch AKA MCA’s death in 2012 from cancer aged 47 effectively ended the stellar recording and performing career of hip-hop trio Beastie Boys. Since then, bandmates Adam “Ad-Rock” Horovitz and Michael “Mike D” Diamond have made few public appearances but the latter is now back in the fray. His first appearance on a British stage in almost 20 years is in, of all places, a bingo hall in the north east, where he surely becomes the first legendary rapper to yell: “Wassup, North Shields?!” With turntables on stage, hip-hop clobber in the audience, a six-piece band in matching outfits and bingo tables at the back, this unlikely show feels simultaneously low-key and an event. Mike D is backed by 5D – who include his sons and are more than half his 60 years – whose slamming grooves and crunching guitars aren’t Beastie Boys reheated, but certainly have the same inimitable joie de vivre. Continue reading...
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. When you retire with little to no money saved, life c...
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. When you retire with little to no money saved, life can become immediately stressful. At that point, you may be mostly reliant on Social Security to cover your expenses. And even if you collect a decent-sized benefit, it may not be enough to cover your costs in full. Image source: Getty Images. Continue reading
Over the last 7 days, the United States market has remained flat, yet it is up 26% over the past year with earnings forecasted to grow by 17% annually. In this environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business.
Over the last 7 days, the United States market has remained flat, yet it is up 26% over the past year with earnings forecasted to grow by 17% annually. In this environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business.
Commercial-stage biopharmaceutical company Syndax Pharmaceuticals ( SNDX ) entered into privately negotiated agreements for the issuance of $250M 2.25% convertible senior notes due 2031. The sale of the notes is expected to close on June 10, 2026. Net proceeds are expected to be ~$243M, and plans use the proceeds for general corporate purposes, including working capital, research and development, ...
Commercial-stage biopharmaceutical company Syndax Pharmaceuticals ( SNDX ) entered into privately negotiated agreements for the issuance of $250M 2.25% convertible senior notes due 2031. The sale of the notes is expected to close on June 10, 2026. Net proceeds are expected to be ~$243M, and plans use the proceeds for general corporate purposes, including working capital, research and development, commercialization activities, and business development. The notes are senior unsecured obligations and will pay interest semiannually on June 15 and December 15 each year, starting December 15, 2026, at a rate of 2.25%. The notes will mature on June 15, 2031. Noteholders may convert the notes at their option before March 15, 2031. The stock price traded 1.4% higher on Thursday during pre-market hours of trading. More on Syndax Pharmaceuticals Syndax Pharmaceuticals, Inc. 2026 Q1 - Results - Earnings Call Presentation Syndax Pharmaceuticals, Inc. (SNDX) Q1 2026 Earnings Call Transcript Syndax Pharma: Two Drug Launches Fuel Transformational Growth Syndax outlines 2026 operating expense target of approximately $400M as Revuforj expands in NPM1 Syndax Pharmaceuticals GAAP EPS of -$0.48 beats by $0.13, revenue of $64.9M misses by $4.93M
Japanese Prime Minister Sanae Takaichi is considering visiting India early next month to meet with her counterpart Narendra Modi to discuss cooperation on strengthening supply chains of critical goods given concerns about China’s economic coercion, government sources said on Thursday. Takaichi aims to deepen bilateral collaboration in a wide range of fields covering defence, economic issues and cu...
Japanese Prime Minister Sanae Takaichi is considering visiting India early next month to meet with her counterpart Narendra Modi to discuss cooperation on strengthening supply chains of critical goods given concerns about China’s economic coercion, government sources said on Thursday. Takaichi aims to deepen bilateral collaboration in a wide range of fields covering defence, economic issues and cutting-edge technologies such as semiconductors and artificial intelligence, according to the...