Jim Cramer thinks FedEx stock can go even higher after the delivery giant separates its freight business. "This thing is going to be worth dramatically more after the spin-off," Jim said Tuesday on CNBC. "You're going to say, 'Why isn't this stock at $500?'" That level implies roughly 25% upside from current levels. FedEx, our newest Club stock, has already climbed 38% year to date as investors gr...
Jim Cramer thinks FedEx stock can go even higher after the delivery giant separates its freight business. "This thing is going to be worth dramatically more after the spin-off," Jim said Tuesday on CNBC. "You're going to say, 'Why isn't this stock at $500?'" That level implies roughly 25% upside from current levels. FedEx, our newest Club stock, has already climbed 38% year to date as investors grow more optimistic about the company's transformation under CEO Raj Subramaniam. A key part of our bullish thesis centers on FedEx's planned separation of its freight division on June 1. We're not alone. Wells Fargo described the FedEx Freight split as a compelling "self-help" story in an improving trucking market. The analysts cited pricing power and lower costs. Last week, Citi brought up cost savings, as well as improved profitability, while saying it continues to be "cognizant of Amazon risk." Jim dismissed concerns that FedEx faces a growing competitive threat from Amazon Supply Chain Services. Earlier this month on "Mad Money," Subramaniam downplayed Amazon's latest logistics push, calling it more of a third-party offering. While also participating in that business, Subramaniam said it represents only a small portion of the company's overall revenue. FedEx's third-party logistics segment "is about a $2 billion business," Subramaniam told Jim. "It's not the biggest piece of our business." FedEx is projected to generate over $93 billion in its fiscal year ending in May, according to FactSet. Beyond traditional shipping, Jim said FedEx offers exposure to long-term growth trends tied to artificial intelligence infrastructure. The company transports semiconductors, servers, and other sensitive equipment used in data centers. FedEx has pegged that service at roughly a $7 billion addressable transportation opportunity. "This is the way to play not just e-commerce, but also the data center," Jim said. While acknowledging FedEx is no longer a bargain after its strong rally, he...
Scotland striker Lawrence Shankland has completed a transfer to Rangers from Scottish Premiership rivals Heart of Midlothian, agreeing a two-year deal at Ibrox with the option of a further 12 months. The 30-year-old scored 88 goals in 171 appearances across four campaigns at Tynecastle and captained the Edinburgh club to second place this season, missing out on the title to Celtic on the final day...
Scotland striker Lawrence Shankland has completed a transfer to Rangers from Scottish Premiership rivals Heart of Midlothian, agreeing a two-year deal at Ibrox with the option of a further 12 months. The 30-year-old scored 88 goals in 171 appearances across four campaigns at Tynecastle and captained the Edinburgh club to second place this season, missing out on the title to Celtic on the final day. Rangers finished third, eight points behind Hearts. Shankland was out of contract at Hearts last summer before signing a three-year contract in late June. The former Queen's Park, Aberdeen, Ayr United, Dundee United and Beerschot forward hit 20 goals in 34 games in all competitions, including four against Rangers, as Derek McInnes' side chased a first title since 1960. Shankland has scored four goals in 18 Scotland outings and is in the World Cup squad.
Zoe Williams seeks to stimulate a debate about pensions and intergenerational inequality, but seems to have overlooked the issues surrounding the funding of public-sector defined-benefit (DB) pension schemes (All this talk about ‘difficult’ cuts, yet the largest part of Britain’s welfare bill is never mentioned. Why?, 21 May). Such schemes place enormous pressure on public finances; they typically...
Zoe Williams seeks to stimulate a debate about pensions and intergenerational inequality, but seems to have overlooked the issues surrounding the funding of public-sector defined-benefit (DB) pension schemes (All this talk about ‘difficult’ cuts, yet the largest part of Britain’s welfare bill is never mentioned. Why?, 21 May). Such schemes place enormous pressure on public finances; they typically require a more significant employer contribution – often more than 25% – compared with private-sector defined-contribution (DC) schemes, where employer contributions of around 3%-8% are typical. It is estimated that the total inflows from public-sector pensions (employer plus employee) are around £50bn per annum – all funded directly from the taxpayer. An additional £5bn per annum or so is then required from the Treasury to fully cover the £55bn bill for public-sector pensions in payment, which are often index-linked to RPI. Private-sector contributions also benefit from the taxpayer in the form of tax relief (so might be considered to be around 20%-45% taxpayer funded) but private-sector DC pensions in payment have very few guarantees and amounts payable are dependent on investment performance. And then there is the long-term impact on public finances. Private-sector pensions are cash-funded by employer and employee contributions (and tax relief), whereas many public-sector schemes are unfunded and therefore create a potentially unlimited liability to future taxpayers. It is suggested that the current total liability of those pensions is more than £1tn. The majority of people (about 85%) under 30 work in the private sector, so they will not benefit from public-sector DB pension schemes, and yet they will probably have to foot the bill for many decades to come. So alongside considerations on tax relief on private pension contributions, perhaps it is time for us to also be more transparent about the full economic cost of unfunded public-sector pension schemes, their impact ...
Our life expectancy is not simply our personal responsibility, writes Jennie Popay Having spent several decades as a researcher in the health equity field, I was irritated to see that well-worn, misleading trope about personal responsibility for poor health being given the oxygen of publicity by the Guardian ( At least 80% responsibility for ill health in old age down to individual, study says, 20...
Our life expectancy is not simply our personal responsibility, writes Jennie Popay Having spent several decades as a researcher in the health equity field, I was irritated to see that well-worn, misleading trope about personal responsibility for poor health being given the oxygen of publicity by the Guardian ( At least 80% responsibility for ill health in old age down to individual, study says, 20 May ). The Oxford Longevity Project’s study gave the impression that the main cause of poor health and its unequal distribution is an open question. That is not the case. The weight of evidence accumulated over decades is clear: the primary causes of inequalities in health, driving poorer health for poorer groups, are the material conditions in which people are born, live, work and grow old. It is growing inequalities in access to material resources, power and privilege, not irresponsible behaviours, which have created a 20-year gap in healthy life expectancy between the most and least advantaged groups in the UK. Continue reading...
I was sad to read of the death of the senior judge Lord Clarke of Stone-cum-Ebony (Obituary, 27 April) and even sadder to learn that he had suffered from Alzheimer’s. Your readers might be interested in an incident that shows the essential humanity of the man. When he was master of the rolls, he was invited to a dinner by the Manchester Law Society. On his way back to the hotel after the dinner, h...
I was sad to read of the death of the senior judge Lord Clarke of Stone-cum-Ebony (Obituary, 27 April) and even sadder to learn that he had suffered from Alzheimer’s. Your readers might be interested in an incident that shows the essential humanity of the man. When he was master of the rolls, he was invited to a dinner by the Manchester Law Society. On his way back to the hotel after the dinner, he was accosted by a man who emerged from the shadows and asked: “Would you like some speed, or some coke?” This offer was politely declined. “How about Viagra then?” the man then asked. But he had no more success with that, and the master of the rolls continued his journey to the hotel. What the man never realised was that he was at the same time both the unluckiest and the luckiest pusher in England. Unlucky because he had tried to sell drugs to the second most senior judge in the country, but lucky because the reaction of that judge was not to instantly summon the police. Jeremy Morgan KC Spoleto, Italy
Dave Patten says Proust’s In Search of Lost Time was unreadable (Letters 22 May). When I was a student of French in the 1970s I attempted to read it in French, but gave up after volume one. The only person I knew who had read it all in the original French was one of our lecturers who told us he had done it to pass the time one long summer vacation when he was laid up with gout. À chacun son gout, ...
Dave Patten says Proust’s In Search of Lost Time was unreadable (Letters 22 May). When I was a student of French in the 1970s I attempted to read it in French, but gave up after volume one. The only person I knew who had read it all in the original French was one of our lecturers who told us he had done it to pass the time one long summer vacation when he was laid up with gout. À chacun son gout, I suppose. Ian Arnott Peterborough I got no further than the first volume of In Search of Lost Time. It is surely no coincidence that the widely quoted incident with the madeleines occurs in that volume. Does anything of note happen later? Mike Bromberg Berkhamsted, Hertfordshire My grandad claimed to have never read a book in his life. As a widower in his late 80s and living with us, he decided he had to put this right and began reading. But what to start with? Visiting a library for the first time, he decided to base his choice of novel on the book that had been stamped out for loan most frequently, as surely it would be the best. He returned home with Ulysses by James Joyce. He read the first page and returned it the next day, deciding that he had not really missed out and never went again. Andrew Keeley Stockton Heath, Warrington
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Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets SINGAPORE, May 26, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to...
Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets SINGAPORE, May 26, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to deploy AMD Helios rack-scale solution as the platform foundation for OneQode's global AI infrastructure rollout. AMD & OneQode logos superimposed on an AI datacenter OneQode plans a phased rollout anchored by AMD Instinct™ MI355X GPUs in initial deployments and incorporating AMD Helios solution in the future. The deployment will run on the open AMD ROCm™ software stack, giving customers a standards-based, vendor-neutral foundation for large-scale AI training and inference. The announcement follows OneQode's recently announced 110MW AI infrastructure agreement with Bitzero in Norway, and reflects the company's broader strategy to deploy high-performance AI capacity across Europe and Asia-Pacific. It leverages their existing cloud and telecommunications footprint deployed across 5 continents over the last 7 years, and will also incorporate their unique low-latency, sovereignty-focused product offerings. OneQode expects to support a range of high-performance AI workloads, powered by AMD AI solutions, including frontier-model training and inference, enterprise AI, and sovereign AI for governments, research institutions, and AI-first organisations. "Demanding AI workloads require high-performance compute, scalable infrastructure and an open software ecosystem," said Negin Oliver, corporate vice president, Business Development for AI, AMD. "AMD Instinct GPUs and the unifying AMD ROCm open software stack are designed to help customers accelerate large-scale AI training and inference with the performance, efficiency and flexibility they need. We're pleased to work with OneQode as ...
Strait Talk By Michael Every of Rabobank Strait Talk Despite many false dawns, markets remain upbeat on prospects for peace between the United States and Iran. Secretary of State Rubio indicated that the US side had thought it would have something to announce on Sunday night, or “maybe today” given that the Sunday deadline has now passed, and it is actually Tuesday. Striking a more cautionary tone...
Strait Talk By Michael Every of Rabobank Strait Talk Despite many false dawns, markets remain upbeat on prospects for peace between the United States and Iran. Secretary of State Rubio indicated that the US side had thought it would have something to announce on Sunday night, or “maybe today” given that the Sunday deadline has now passed, and it is actually Tuesday. Striking a more cautionary tone, Iranian President Pezeshkian said of prospects that a deal would be made within the day that “nobody could make such a claim”, while President Trump had earlier said that he had urged his representatives not to rush negotiations. US markets were closed yesterday, but Asian and European equities finished broadly higher with notable gains seen in Japan’s Nikkei (+2.87%), Taiwan’s TAIEX (+3.26%) and the Euro Stoxx 50 (+1.95%). The July Brent crude future tumbled 7.15% to close at $96.14/bbl while WTI traded below $90/bbl before closing the day at $90.88. Bonds were bid across the curve with moves at the short end being especially pronounced. Al Arabiya reports that it has obtained a copy of the draft memorandum of understanding that reportedly has the support of both sides. Provision of the MOU are said to include: Extension of the ceasefire for 60 days ŸReopening the Strait of Hormuz to international navigation, guaranteeing free passage of commercial vessels and oil tankers without additional transit fees, with the Iranian side committing to take the necessary technical and security measures to ensure safety of navigation, including the removal of mines. ŸEnabling Iran to resume sale and export of oil. ŸContinuation of negotiations over Iran’s nuclear program with the aim of reaching a long-term understanding. ŸUS to ease restrictions on Iranian ports and grant specific sanctions waivers for Iran. ŸEnding military operations on all regional fronts, including Lebanon. ŸFreedom of navigation to be restored in Hormuz over a period of 30 days, with maritime traffic set to retu...
Berkshire Hathaway (BRKA 0.43%)(BRKB 0.57%) has a new CEO this year, with Greg Abel taking over from Warren Buffett, and there have already been some significant changes in the company's portfolio. While the investing strategy and discipline may be the same, there have been some notable changes in just the first quarter of 2026. Here are the biggest surprises from Berkshire's most recent 13F filin...
Berkshire Hathaway (BRKA 0.43%)(BRKB 0.57%) has a new CEO this year, with Greg Abel taking over from Warren Buffett, and there have already been some significant changes in the company's portfolio. While the investing strategy and discipline may be the same, there have been some notable changes in just the first quarter of 2026. Here are the biggest surprises from Berkshire's most recent 13F filing. Berkshire added a big position in Delta Buffett has never been a big fan of airlines. In Berkshire's 2007 shareholder letter, he outlined his reasons for not liking them: "The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines." Expand NYSE : BRKB Berkshire Hathaway Today's Change ( -0.57 %) $ -2.76 Current Price $ 483.62 Key Data Points Market Cap $1.0T Day's Range $ 483.20 - $ 487.75 52wk Range $ 455.19 - $ 516.85 Volume 109.7K Avg Vol 4.8M Gross Margin 23.70 % That's why Berkshire's move to buy around 40 million shares of Delta Air Lines (DAL +3.09%) this past quarter was particularly noteworthy, as it wasn't the type of move Buffett may have made. And at nearly 1% of Berkshire's portfolio, it's not a terribly small position, either. It comes at an interesting time, given that oil prices are up and demand for travel could be lower for the foreseeable future due to not only rising costs but also adverse economic conditions. Delta is, however, a leading airline and has performed well over the years, and could arguably be a good investment to hold on to for the long term. But Berkshire didn't exactly buy low -- the stock is up 66% in the past five years, making this a bit of a surprising move for the company, given both Delta's rising valuation and the industry that it's in. Expand NYSE : DAL Delta Air Lines Today's Change ( 3.09 %) $ 2.35 Current Price $ 78.49 Key Data Points Market Cap $50B Day's Range $ 78.11 - $ 79.46 52wk Range $ 45.28 - $ 79.46 Volume 244.2K Avg Vo...
Many people like to collect periodic income from their investments. After all, it's a good way to make your money work for you. Dividends can be an important component of a stock's total return. If you plan on holding shares for at least a decade, the payments can add up. These four dividend stocks, with market-beating yields, make excellent selections for dividend-seeking investors who plan on ho...
Many people like to collect periodic income from their investments. After all, it's a good way to make your money work for you. Dividends can be an important component of a stock's total return. If you plan on holding shares for at least a decade, the payments can add up. These four dividend stocks, with market-beating yields, make excellent selections for dividend-seeking investors who plan on holding them for at least a decade. They have raised payouts for many years and have both the willingness and wherewithal to continue raising them. 1. Coca-Cola Earlier this year, Coca-Cola (KO 1.38%) raised its quarterly dividend by 3.9%, from $0.51 to $0.53. The dividend raise should come as no surprise, given that the company has done it for 64 straight years. That makes Coca-Cola a Dividend King, one of an illustrious group of companies that have increased dividends annually for at least 50 straight years. Expand NYSE : KO Coca-Cola Today's Change ( -1.38 %) $ -1.12 Current Price $ 80.36 Key Data Points Market Cap $351B Day's Range $ 80.27 - $ 81.60 52wk Range $ 65.35 - $ 82.66 Volume 375.6K Avg Vol 15.3M Gross Margin 61.82 % Dividend Yield 2.53 % Fortunately, the beverage company has evolved its business to stay competitive. It's expanded beyond soda, with a product lineup that includes water, juice, value-added dairy, and plant-based beverages. At the current dividend rate, the shares have a 2.6% dividend yield, much higher than the S&P 500 index's 1.1%. Coca-Cola's payout ratio of 65% shows that its earnings easily cover the payments. The ratio is calculated by dividing dividends by earnings. 2. PepsiCo PepsiCo (PEP 2.77%) is another Dividend King. Earlier this month, the company announced a 4% dividend increase to a quarterly rate of $1.48. It has paid dividends for more than 60 years and boosted them for 54 consecutive years. The company sells beverages and food, including chips, oatmeal, pasta, and rice. Expand NASDAQ : PEP PepsiCo Today's Change ( -2.77 %) $ -4.17 ...
Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets SINGAPORE, May 26, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to...
Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets SINGAPORE, May 26, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to deploy AMD Helios rack-scale solution as the platform foundation for OneQode's global AI infrastructure rollout. AMD & OneQode logos superimposed on an AI datacenter OneQode plans a phased rollout anchored by AMD Instinct™ MI355X GPUs in initial deployments and incorporating AMD Helios solution in the future. The deployment will run on the open AMD ROCm™ software stack, giving customers a standards-based, vendor-neutral foundation for large-scale AI training and inference. The announcement follows OneQode's recently announced 110MW AI infrastructure agreement with Bitzero in Norway, and reflects the company's broader strategy to deploy high-performance AI capacity across Europe and Asia-Pacific. It leverages their existing cloud and telecommunications footprint deployed across 5 continents over the last 7 years, and will also incorporate their unique low-latency, sovereignty-focused product offerings. OneQode expects to support a range of high-performance AI workloads, powered by AMD AI solutions, including frontier-model training and inference, enterprise AI, and sovereign AI for governments, research institutions, and AI-first organisations. "Demanding AI workloads require high-performance compute, scalable infrastructure and an open software ecosystem," said Negin Oliver, corporate vice president, Business Development for AI, AMD. "AMD Instinct GPUs and the unifying AMD ROCm open software stack are designed to help customers accelerate large-scale AI training and inference with the performance, efficiency and flexibility they need. We're pleased to work with OneQode as ...
The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple. You cannot buy SpaceX shares on your brokerage app, but XOVR can, and the fund packages that exposure inside a normal ticker you trade like any other ETF. XOVR now holds ~$281 million in SpaceX, which works out to about 23% of the fund. Yet ... XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500...
The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple. You cannot buy SpaceX shares on your brokerage app, but XOVR can, and the fund packages that exposure inside a normal ticker you trade like any other ETF. XOVR now holds ~$281 million in SpaceX, which works out to about 23% of the fund. Yet ... XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%
While major hyperscalers and artificial intelligence (AI) companies have been investing heavily in cloud computing infrastructure to meet the booming demand for AI applications, it is worth noting that governments around the globe are also investing in this technology. Sovereign AI infrastructure is being built by countries to train AI models and run applications in their own data centers, helping...
While major hyperscalers and artificial intelligence (AI) companies have been investing heavily in cloud computing infrastructure to meet the booming demand for AI applications, it is worth noting that governments around the globe are also investing in this technology. Sovereign AI infrastructure is being built by countries to train AI models and run applications in their own data centers, helping keep sensitive data and information within their jurisdictions. Also, sovereign AI helps to train and deploy AI applications using proprietary models that support local languages and are sensitive to a country's culture. Fortune Business Insights predicts that the size of the sovereign cloud market could jump from $155 billion last year to $1.13 trillion in 2034. Investors can capitalize on this terrific growth opportunity by investing in Dell Technologies (DELL +2.71%), whose server solutions are being deployed by sovereign customers. In fact, it won't be surprising to see Dell entering the trillion-dollar market cap club due to the lucrative sovereign AI opportunity. Let's see why that may be the case. Dell is already making progress in the sovereign AI market Dell manufactures general-purpose and AI-focused servers. The company was the leader in the AI server market in 2024 with an estimated market share of 20%, according to ABI Research. Importantly, Dell has been growing faster than the AI server market. Its AI server revenue grew by 2.5x in fiscal 2026 to $25 billion. Expand NYSE : DELL Dell Technologies Today's Change ( 2.71 %) $ 8.01 Current Price $ 303.20 Key Data Points Market Cap $193B Day's Range $ 299.13 - $ 308.63 52wk Range $ 106.38 - $ 308.63 Volume 277.3K Avg Vol 8.1M Gross Margin 19.97 % Dividend Yield 0.75 % The company noted on the February earnings call that it ended fiscal 2026 with more than 4,000 customers, "with growth across neo clouds, sovereigns, and enterprise customers -- evidence that demand is broadening across all customer types." Dell is p...