IonQ (NYSE: IONQ) is battling D-Wave (NYSE: QBTS) and Rigetti (NASDAQ: RGTI) in one of the strangest quantum stock setups on the market. The stocks look damaged, but the businesses tell a more complicated story, with revenue growth, government contracts, acquisition potential, an
IonQ (NYSE: IONQ) is battling D-Wave (NYSE: QBTS) and Rigetti (NASDAQ: RGTI) in one of the strangest quantum stock setups on the market. The stocks look damaged, but the businesses tell a more complicated story, with revenue growth, government contracts, acquisition potential, an
SpaceX is quickly approaching its target initial public offering (IPO) date . The company could go public as early as this month. According to reports, SpaceX is positioning itself as both an artificial intelligence (AI) stock , a satellite stock , and a rocket stock . In total, SpaceX believes its total addressable market across all of these opportunities exceeds $28 trillion. Recent reports sugg...
SpaceX is quickly approaching its target initial public offering (IPO) date . The company could go public as early as this month. According to reports, SpaceX is positioning itself as both an artificial intelligence (AI) stock , a satellite stock , and a rocket stock . In total, SpaceX believes its total addressable market across all of these opportunities exceeds $28 trillion. Recent reports suggest that SpaceX is targeting a valuation of $1.77 trillion, with the goal of raising as much as $75 billion in fresh cash. Continue reading
Na Wei, Barclays Capital, Global Head of Leveraged Finance Susan Kasser, Neuberger Berman, Head of Private Debt Lotfi Karoui, Pimco Multi-Asset Credit Strategist and Co-Head of Client Solutions and Analytics Christina Lee, Oaktree, Managing Director and Co-Portfolio Manager Moderator: Nabila Ahmed (Source: Bloomberg)
Na Wei, Barclays Capital, Global Head of Leveraged Finance Susan Kasser, Neuberger Berman, Head of Private Debt Lotfi Karoui, Pimco Multi-Asset Credit Strategist and Co-Head of Client Solutions and Analytics Christina Lee, Oaktree, Managing Director and Co-Portfolio Manager Moderator: Nabila Ahmed (Source: Bloomberg)
Earnings Call Insights: ABM Industries (ABM) Q2 2026 Management View "We had a strong quarter" (President, CEO & Director Scott Salmirs). "Organic revenue growth came in at 6.1%" and "our first half new sales bookings reached $1.2 billion, a new record for ABM" (President, CEO & Director Salmirs). "Margins improved sequentially" and "free cash flow was up significantly in the first half compared t...
Earnings Call Insights: ABM Industries (ABM) Q2 2026 Management View "We had a strong quarter" (President, CEO & Director Scott Salmirs). "Organic revenue growth came in at 6.1%" and "our first half new sales bookings reached $1.2 billion, a new record for ABM" (President, CEO & Director Salmirs). "Margins improved sequentially" and "free cash flow was up significantly in the first half compared to last year" (President, CEO & Director Salmirs). "We expect volume to ramp meaningfully in both ATS and M&D" and "we expect these drivers to produce a significant step-up in both earnings and margin as we move through the back half of the year" (President, CEO & Director Salmirs). "Revenue grew 8.4% year-over-year to a second quarter record of $2.3 billion" (Executive VP & CFO David Orr). "Adjusted EBITDA increased $5.8 million over the prior year to $131.7 million" and "segment operating margin increased 20 basis points sequentially to 7.3%" (Executive VP & CFO Orr). "B&I was impacted by the exit of a large U.K. client during the second quarter" and by "our decisions to exit several other clients, especially on the West Coast" (President, CEO & Director Salmirs). "B&I revenue will likely moderate in the back half of the year due to client exits" (President, CEO & Director Salmirs). "The WGNSTAR acquisition, which is performing well and adding meaningfully to the segment's results right out of the gate" (President, CEO & Director Salmirs). "During the second quarter, we secured tens of millions of dollars in new business and delivered high double-digit organic revenue growth across our semiconductor market" (President, CEO & Director Salmirs). Outlook "We're maintaining our previously communicated fiscal 2026 adjusted EPS outlook" (Executive VP & CFO Orr). "We continue to expect full year adjusted EPS to be in the range of $3.85 to $4.15" (Executive VP & CFO Orr). "Our full year organic revenue growth outlook is 3% to 4%, and we now expect to be toward the higher end of th...
Scott Galloway has made his most aggressive call yet on the AI trade. On the Prof G Markets segment titled AI May Not Be Worth The Cost: Here’s Why, he argued that AI companies are dramatically overvalued and predicted a major repricing within the next 24 months. “If it’s either going to be labor chaos ... Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.
Scott Galloway has made his most aggressive call yet on the AI trade. On the Prof G Markets segment titled AI May Not Be Worth The Cost: Here’s Why, he argued that AI companies are dramatically overvalued and predicted a major repricing within the next 24 months. “If it’s either going to be labor chaos ... Scott Galloway Predicts AI Valuations Will Crater 50-70% Within 24 Months. Here’s Why.
Omar is married to a British woman, has a British son and was given a single non-custodial sentence nine years ago. Nonetheless, the Home Office was determined to deport him – whatever the cost A year ago, Omar was living in the UK with his British wife and was determined to be a positive, consistent presence for his 10-year-old son, a British citizen from his first marriage. Omar is devoted to hi...
Omar is married to a British woman, has a British son and was given a single non-custodial sentence nine years ago. Nonetheless, the Home Office was determined to deport him – whatever the cost A year ago, Omar was living in the UK with his British wife and was determined to be a positive, consistent presence for his 10-year-old son, a British citizen from his first marriage. Omar is devoted to his child and has always been committed to guiding him to adulthood. But today, Omar, 40, lives in Egypt, separated from his family, thanks to an extraordinarily determined, turbulent and expensive campaign by the Home Office to remove him from the UK. (Omar is not his real name.) Continue reading...
Best Ultra-Value Stocks Set for Long-Term GrowthStealthGas (NASDAQ:GASS) reported higher first-quarter revenue and continued to emphasize its debt-free balance sheet, growing cash position and charter coverage during its first-quarter 2026 earnings call. Chairman Michael Jolliff
Best Ultra-Value Stocks Set for Long-Term GrowthStealthGas (NASDAQ:GASS) reported higher first-quarter revenue and continued to emphasize its debt-free balance sheet, growing cash position and charter coverage during its first-quarter 2026 earnings call. Chairman Michael Jolliff
mbbirdy/E+ via Getty Images Soaring stocks are once again reshaping the U.S. economy. According to BofA Securities, U.S. household equity wealth has already risen by roughly $6 trillion year-to-date, following a massive $10 trillion gain in 2025 and another $9 trillion increase in 2024. The rally is fueling what BofA describes as a wealth-equity “boom loop,” where rising markets boost household we...
mbbirdy/E+ via Getty Images Soaring stocks are once again reshaping the U.S. economy. According to BofA Securities, U.S. household equity wealth has already risen by roughly $6 trillion year-to-date, following a massive $10 trillion gain in 2025 and another $9 trillion increase in 2024. The rally is fueling what BofA describes as a wealth-equity “boom loop,” where rising markets boost household wealth, stronger wealth drives spending, and resilient spending helps push stocks even higher. BofA Securities argues this dynamic is reinforcing the increasingly K-shaped nature of the economy. Wealthier Americans with large equity holdings continue to benefit from soaring asset prices, while many lower- and middle-income households still struggle with elevated living costs. The result is a widening divide between Wall Street and Main Street. The firm also warns of a growing “wealth-price spiral,” where rising equity wealth keeps demand strong and allows businesses to maintain pricing power, contributing to persistent inflation pressures. While not all consumers are benefiting equally from the stock market boom, all voters still feel the impact of higher prices. That political frustration is becoming increasingly visible. According to BofA Securities, Trump’s inflation approval ratings have now fallen below even the lows seen during the Biden administration, underscoring how inflation continues to dominate voter sentiment despite booming financial markets. More on markets Jobs Report Buries Rate Cuts May Jobs Report: Labor Market Continues Springtime Hum May Jobs Boom: Best 3-Month Employment Gain Points To A Fed Rate Hike Bull market has room to run despite AI fatigue, Nuveen CIO says—CNBC interview Bitcoin slides, stocks rally, gold shines over the past year
Team now plans to see if they can use yeast strains harvested from Ötzi the Iceman to brew beer too Scientists have baked a sourdough loaf of bread using yeast strains harvested from a 5,000-year-old mummy and now plan to see if they can use them to brew beer too. The yeast came from Ötzi the Iceman, a famous corpse remarkably preserved by being frozen in Alpine ice near the Italy-Austria border u...
Team now plans to see if they can use yeast strains harvested from Ötzi the Iceman to brew beer too Scientists have baked a sourdough loaf of bread using yeast strains harvested from a 5,000-year-old mummy and now plan to see if they can use them to brew beer too. The yeast came from Ötzi the Iceman, a famous corpse remarkably preserved by being frozen in Alpine ice near the Italy-Austria border until he was discovered in 1991. Ötzi has been the subject of intense study since he was found and has shed much light on pre-historic European people and their way of life. Continue reading...
Von der Leyen tells Balkans summit that bloc needs to make enlargement process ‘faster and more credible’ The EU must prove its willingness and ability to take in new members and speed up its enlargement process, leaders of the bloc have said, as they gathered with their counterparts from six western Balkan countries that hope to join soon. “The European Union has to show that it is capable of enl...
Von der Leyen tells Balkans summit that bloc needs to make enlargement process ‘faster and more credible’ The EU must prove its willingness and ability to take in new members and speed up its enlargement process, leaders of the bloc have said, as they gathered with their counterparts from six western Balkan countries that hope to join soon. “The European Union has to show that it is capable of enlarging and willing to enlarge, and we want to discuss that here,” Germany’s chancellor, Friedrich Merz, told reporters on Friday at the summit in Tivat, a coastal town in Montenegro. Continue reading...
The internet is making everything into a ‘relationship gap’ by seizing on any difference between two dating humans It started with the age gap. Can a 40-year-old man and a 20-year-old woman truly get along? That was once a question answered with a resounding “yes” by creepy English professors or moustached indie film-makers with a questionable grasp on the meaning of Lolita. Then came gen Z. A coh...
The internet is making everything into a ‘relationship gap’ by seizing on any difference between two dating humans It started with the age gap. Can a 40-year-old man and a 20-year-old woman truly get along? That was once a question answered with a resounding “yes” by creepy English professors or moustached indie film-makers with a questionable grasp on the meaning of Lolita. Then came gen Z. A cohort raised on the rigid moral boundaries of internet discourse – things are either good or bad, no in-between – decided that May-December relationships were either problematically one-sided or transactional in nature. Growing up in the fractured aftermath of #MeToo, where monstrous men were often much older than the women they victimized, probably contributed to that conclusion. Continue reading...
From Off Campus to the Summer I Turned Pretty, it seems like Australian artists are everywhere right now – but what does the exposure actually mean? Last month, a new Amazon Prime series, Off Campus, fought its way to the top of the streaming TV pile. Releasing its first season all at once, the glossy campus drama – set around an elite hockey team at a fictional US university – racked up 36 millio...
From Off Campus to the Summer I Turned Pretty, it seems like Australian artists are everywhere right now – but what does the exposure actually mean? Last month, a new Amazon Prime series, Off Campus, fought its way to the top of the streaming TV pile. Releasing its first season all at once, the glossy campus drama – set around an elite hockey team at a fictional US university – racked up 36 million viewers in its first 12 days, becoming the platform’s biggest debut among women aged 18 to 34. Its star attraction is the sweet-and-steamy romance between music major Hannah (Ella Bright) and brooding hockey star Garrett (Belmont Cameli). But sharp-eared viewers noticed something else around the hot people doing hot things: a conspicuous run of Australian music, from heavyweights like AC/DC and The Kid Laroi to indie-pop favourites George Alice and Royel Otis, plus rising name Redd. Sign up for a weekly email featuring our best reads Continue reading...
A pre-tournament change of manager has complicated planning but, with the pressure off to an extent, Saudi talent has a chance to prove itself This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the t...
A pre-tournament change of manager has complicated planning but, with the pressure off to an extent, Saudi talent has a chance to prove itself This article is part of the Guardian’s 2026 World Cup Experts’ Network , a cooperation between some of the best media organisations from the 48 countries who qualified. theguardian.com is running previews from three countries each day in the run-up to the tournament kicking off on 11 June. Continue reading...