Russian, 19, beats qualifier 6-3, 6-2 for first slam title Poland’s Chwalinska fails to emulate Raducanu’s feats Twenty minutes into the first grand slam final of her young career, it looked like Mirra Andreeva’s head was already in danger of exiting Court Philippe-Chatrier. Between the weight of such a potentially career-defining occasion, the excruciating windy conditions and a resourceful oppon...
Russian, 19, beats qualifier 6-3, 6-2 for first slam title Poland’s Chwalinska fails to emulate Raducanu’s feats Twenty minutes into the first grand slam final of her young career, it looked like Mirra Andreeva’s head was already in danger of exiting Court Philippe-Chatrier. Between the weight of such a potentially career-defining occasion, the excruciating windy conditions and a resourceful opponent seemingly built to cause her maximum anguish, Andreeva looked crippled by tension. Her reaction to the surrounding pressure underlined the work Andreeva has put into addressing her emotional vulnerabilities. She maintained her composure at all costs, coolly problem-solving and then eventually flourishing after a tense start as she ended the qualifier Maja Chwalinska’s historic run with a 6-3, 6-2 victory to capture her first grand slam at Roland Garros. Continue reading...
Teenager Mirra Andreeva fulfills her huge potential with a first Grand Slam title as Polish qualifier Maja Chwalinska is denied a fairytale French Open victory.
Teenager Mirra Andreeva fulfills her huge potential with a first Grand Slam title as Polish qualifier Maja Chwalinska is denied a fairytale French Open victory.
NVIDIA Corporation (NASDAQ:NVDA) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Cramer noted that he remains a “believer” in the company, as he stated: This company just had a very successful COMPUTEX festival in Taiwan with CEO Jensen Huang […]
NVIDIA Corporation (NASDAQ:NVDA) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Cramer noted that he remains a “believer” in the company, as he stated: This company just had a very successful COMPUTEX festival in Taiwan with CEO Jensen Huang […]
Alphabet Inc. (NASDAQ:GOOGL) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Cramer commented on the company raising money for the data center build-out, as he said: Now, we should be heartened by what happened to the stock of Alphabet […]
Alphabet Inc. (NASDAQ:GOOGL) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Cramer commented on the company raising money for the data center build-out, as he said: Now, we should be heartened by what happened to the stock of Alphabet […]
A proposed $2 billion data center has become a political flashpoint in the small city of Shelbyville, Indiana. And the controversy has only grown more intense after the mayor, Scott Furgeson, was caught on camera saying of the "No Data Center" signs going up that, "I've seen a lot of these all over town, but I only see them in shitty houses," before adding, "most of them are rentals." The woman sp...
A proposed $2 billion data center has become a political flashpoint in the small city of Shelbyville, Indiana. And the controversy has only grown more intense after the mayor, Scott Furgeson, was caught on camera saying of the "No Data Center" signs going up that, "I've seen a lot of these all over town, but I only see them in shitty houses," before adding, "most of them are rentals." The woman speaking to him in the clip quickly pushes back, saying that they're "working class," and someone chimes in to add something that a mayor shouldn't have to be told about their constituents: "it doesn't matter whether they're rentals, they're still hu … Read the full story at The Verge.
US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations' Summary Iran's foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire . New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted , CENTCOM said. Overnight flare-up started ...
US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations' Summary Iran's foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire . New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted , CENTCOM said. Overnight flare-up started with Iranian attack drones in Strait being intercepted by US forces. Trump admits Iran still has some 20% of its missile arsenal: " It’s a lot of missiles, but it’s not what it was when we first attacked." (CNBC) US x Iran permanent peace deal by June 30, 2026? Yes 21% · No 80% View full market & trade on Polymarket * * * Iran FM Blasts New US 'Ceasefire Violations' Iran has again accused the US of breaking the ceasefire, with the Foreign Ministry on Saturday stating the US "not only lacks the will to reduce tensions and return to the path of stability, but with its adventurist actions , it seriously endangers the security of the region." The ministry on X denounced fresh US attacks its coastal radar and surveillance facilities in Sirik region and on Qeshm Island - saying this breached the ceasefire . The ministry “strongly calls on the countries of the region to observe the principle of good neighborliness and adhere to the fundamental principle of international law of refraining from allowing aggressors to use their territory and facilities to plan and carry out aggressive actions against the Islamic Republic of Iran." It seems clear that for each US action, Iran is seeking to establish deterrence , and so is not hesitating to fire or inflict some kind of 'cost' either on US bases or the Gulf allies hosting them. More Pakistani efforts to forge together agreement to get US-Iran back to the formal negotiating table: Pakistan's Interior Minister @MohsinnaqviC42 has just departed from Lahore for Tehran where he will meet Iranian Leadership and deliver important messages as p...
On a recent Earn Your Leisure segment, co-host Rashaad Bilal quoted investor Barry Atlas with a claim that stops you mid-scroll: “these companies are going to make more money than all of the IPOs in the last 20 years put together,” creating “a whole new class of billionaires” from just a handful of listings. SpaceX ... SpaceX IPO Could Create More Wealth Than All IPOs in the Last 20 Years Combined...
On a recent Earn Your Leisure segment, co-host Rashaad Bilal quoted investor Barry Atlas with a claim that stops you mid-scroll: “these companies are going to make more money than all of the IPOs in the last 20 years put together,” creating “a whole new class of billionaires” from just a handful of listings. SpaceX ... SpaceX IPO Could Create More Wealth Than All IPOs in the Last 20 Years Combined. Here’s Why Early Investors Are Banking On It
Antonio Bordunovi/iStock Editorial via Getty Images Insider trades were seen across major firms like Nvidia ( NVDA ), Intel ( INTC ), and Target ( TGT ) this week. The following is a list of transactions that occurred between June 1 and June 5. NVIDIA ( NVDA ) director Mark Stevens sold a total of 1M shares across two separate transactions in the price range of $222.38 to $219.83 each for a total ...
Antonio Bordunovi/iStock Editorial via Getty Images Insider trades were seen across major firms like Nvidia ( NVDA ), Intel ( INTC ), and Target ( TGT ) this week. The following is a list of transactions that occurred between June 1 and June 5. NVIDIA ( NVDA ) director Mark Stevens sold a total of 1M shares across two separate transactions in the price range of $222.38 to $219.83 each for a total value of $221.10M. The sale represented roughly 2.50% of his indirect holdings, reducing his stake to 39M shares. Intel ( INTC ) EVP Chandrasekaran Naga disposed of 21,024 shares, reducing his direct holdings by ~9.27%. The shares were sold at $118.28 each for about $2.49M, leaving him with 205,852 shares. Verizon ( VZ ) EVP and Chief HR Officer Samantha Hammock offloaded a significant 81.77% of her direct holdings by selling 73,069 shares and reducing her position to 16,289 shares. The shares were sold for $47.83 each in a transaction valued at $3.50M. Target ( TGT ) executive officer Cara Sylvester sold 10,000 shares at $125.89 each for $1.26M. The sale accounted for about 17.88% of her direct holdings, leaving her with 45,930 shares. Carnival Corp’s ( CCL ) Chief Human Resources Officer Bettina Deynes sold 43,058 shares at $28.10 each for $1.21M. The transaction represented roughly 38.34% of her direct holdings, reducing her stake to 69,238 shares. Expand Energy ( EXE ) interim President and CEO Michael Wichterich purchased 1,000 shares at $93.36 each for $93,360, increasing his holdings to 84,498 shares. Meanwhile, CFO Marcel Teunissen acquired 2,000 shares at $92.88 each, with the transaction valued at $185,760, bringing his total stake to 11,144 shares. Blue Owl Capital ( OBDC ) President Logan Nicholson bought a total of 3,000 shares at $11.31 each for $33,930, raising his holdings to 88,000 shares. Robinhood Markets ( HOOD ) director Malka Meyer added 181,000 shares at $83.45 each for a total value of $15.10M, lifting her total position to 7.75M shares. Norwegian Cr...
Antonio Bordunovi/iStock Editorial via Getty Images Insider trades were seen across major firms like Nvidia ( NVDA ), Intel ( INTC ), and Target ( TGT ) this week. The following is a list of transactions that occurred between June 1 and June 5. NVIDIA ( NVDA ) director Mark Stevens sold a total of 1M shares across two separate transactions in the price range of $222.38 to $219.83 each for a total ...
Antonio Bordunovi/iStock Editorial via Getty Images Insider trades were seen across major firms like Nvidia ( NVDA ), Intel ( INTC ), and Target ( TGT ) this week. The following is a list of transactions that occurred between June 1 and June 5. NVIDIA ( NVDA ) director Mark Stevens sold a total of 1M shares across two separate transactions in the price range of $222.38 to $219.83 each for a total value of $221.10M. The sale represented roughly 2.50% of his indirect holdings, reducing his stake to 39M shares. Intel ( INTC ) EVP Chandrasekaran Naga disposed of 21,024 shares, reducing his direct holdings by ~9.27%. The shares were sold at $118.28 each for about $2.49M, leaving him with 205,852 shares. Verizon ( VZ ) EVP and Chief HR Officer Samantha Hammock offloaded a significant 81.77% of her direct holdings by selling 73,069 shares and reducing her position to 16,289 shares. The shares were sold for $47.83 each in a transaction valued at $3.50M. Target ( TGT ) executive officer Cara Sylvester sold 10,000 shares at $125.89 each for $1.26M. The sale accounted for about 17.88% of her direct holdings, leaving her with 45,930 shares. Carnival Corp’s ( CCL ) Chief Human Resources Officer Bettina Deynes sold 43,058 shares at $28.10 each for $1.21M. The transaction represented roughly 38.34% of her direct holdings, reducing her stake to 69,238 shares. Expand Energy ( EXE ) interim President and CEO Michael Wichterich purchased 1,000 shares at $93.36 each for $93,360, increasing his holdings to 84,498 shares. Meanwhile, CFO Marcel Teunissen acquired 2,000 shares at $92.88 each, with the transaction valued at $185,760, bringing his total stake to 11,144 shares. Blue Owl Capital ( OBDC ) President Logan Nicholson bought a total of 3,000 shares at $11.31 each for $33,930, raising his holdings to 88,000 shares. Robinhood Markets ( HOOD ) director Malka Meyer added 181,000 shares at $83.45 each for a total value of $15.10M, lifting her total position to 7.75M shares. Norwegian Cr...
American forces headed off Iranian missile and drone attacks in the Persian Gulf as the war that began nearly 100 days ago continued to simmer with no resolution in the offing. Six ballistic missiles fired at Bahrain and Kuwait “were intercepted and a seventh did not reach its intended target,” US Central Command said in a statement on X late Friday. Bloomberg News Congressional Reporter Steven De...
American forces headed off Iranian missile and drone attacks in the Persian Gulf as the war that began nearly 100 days ago continued to simmer with no resolution in the offing. Six ballistic missiles fired at Bahrain and Kuwait “were intercepted and a seventh did not reach its intended target,” US Central Command said in a statement on X late Friday. Bloomberg News Congressional Reporter Steven Dennis joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
US Defence Secretary Pete Hegseth on Saturday urged Europe to counter what he termed an “invasion” of its coastline by migration, as he marked the 82nd anniversary of the World War II D-Day landings in northern France. Hegseth also called on European countries to do more to contribute to their defence, in a speech at the American military cemetery in Colleville-sur-mer in Normandy. He was however ...
US Defence Secretary Pete Hegseth on Saturday urged Europe to counter what he termed an “invasion” of its coastline by migration, as he marked the 82nd anniversary of the World War II D-Day landings in northern France. Hegseth also called on European countries to do more to contribute to their defence, in a speech at the American military cemetery in Colleville-sur-mer in Normandy. He was however conspicuously set to skip the main international ceremony marking the anniversary of the landings,...
Kylian Mbappé, Ousmane Dembélé and Michael Olise have the attacking power to shred opponents but will Didier Deschamps let them off the leash? 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...
Kylian Mbappé, Ousmane Dembélé and Michael Olise have the attacking power to shred opponents but will Didier Deschamps let them off the leash? 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...
Welcome to The Brink . It’s Luca Casiraghi and Irene García Pérez , and we’ve been looking at the $165 billion opportunity resulting from unsuccessful LMEs. We also have news on Reno de Medici and private credit redemption requests. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . ‘No more, no más’ The throngs of aggressive debt restructuring deals that have be...
Welcome to The Brink . It’s Luca Casiraghi and Irene García Pérez , and we’ve been looking at the $165 billion opportunity resulting from unsuccessful LMEs. We also have news on Reno de Medici and private credit redemption requests. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . ‘No more, no más’ The throngs of aggressive debt restructuring deals that have been forced onto creditors in recent years may have created a unique opportunity for distressed investors. Holly Kim , co-founder of hedge fund Glendon Capital , identified at least 66 issuers in the market that went through a so-called liability management exercise in recent years and whose debt is now trading at distressed levels. That’s about $165 billion of bonds and loans, split between $90 billion of super-senior paper and $75 billion of subordinated debt, she said at the Bloomberg Global Credit Forum on Wednesday. Watch: Credit Titans Warn of Shakeout on Deals That ‘Don’t Make Sense’ “Those are defaults that are ready to go,” she said. “For the first time in my career there is a pipeline of defaults” that are “already baked into the system.” Out-of-court restructurings that push some creditors ahead of others in the repayment order became ubiquitous as debt covenants grew weaker over the last decade, allowing private equity firms to extend the life of their investments in some of the most troubled companies. But those types of deals have often failed to improve companies’ financial health, and investors are increasingly pushing back against them. While private equity owners are coming up with new ways to get these deals done — like using non-disclosure agreements to divide and conquer creditors — the number of LME deals are dwindling. There were at least 50 LMEs finalized in 2024, and the total dropped to 33 last year. About 10 LMEs have been completed between January and May this year, and at least four are in the works at the moment, according to data compiled by Blo...
Benn refuses to be pigeon holed. | Image: Benn Jordan Benn Jordan may have initially gained notoriety for his music as Flashbulb and later, reviewing synths and effects pedals on YouTube under Benn and Gear. But about five years ago, Benn decided to take his YouTube channel in a different direction. He didn't stop covering music gear overnight, but as time progressed, his channel became more focus...
Benn refuses to be pigeon holed. | Image: Benn Jordan Benn Jordan may have initially gained notoriety for his music as Flashbulb and later, reviewing synths and effects pedals on YouTube under Benn and Gear. But about five years ago, Benn decided to take his YouTube channel in a different direction. He didn't stop covering music gear overnight, but as time progressed, his channel became more focused on science and technology investigations. He even turned the entire enterprise into a nonprofit. While there will still be the occasional video focused on music or audio - say, poisoning AI music systems or storing data in bird song - lately Benn has been largely focused on the surveillance state. … Read the full story at The Verge.
Get ahead of the market by subscribing to Seeking Alpha's Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations. Wall Street’s major market averages moved lower on Friday as traders assessed May's labor repor...
Get ahead of the market by subscribing to Seeking Alpha's Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations. Wall Street’s major market averages moved lower on Friday as traders assessed May's labor report, while tech continued to be under pressure. On the economic front, nonfarm payrolls soared past consensus in May, while the unemployment rate stood at 4.3%. The next week is expected to be relatively quiet on both the economic and the earnings front, with no economic data scheduled for Monday. On Tuesday, existing home sales data for May will be released, followed by the monthly CPI data on Wednesday. Thursday will see the release of the PPI number for May alongside initial jobless claims numbers. _______________________________________________________________ Earnings spotlight: Wednesday: Oracle ( ORCL ) and Chewy ( CHWY ). See the full earnings calendar . Earnings spotlight: Thursday: Adobe ( ADBE ) and Aurora Cannabis ( ACB ). See the full earnings calendar . Volatility watch: Seabridge Global ( SA ) and Medical Properties Trust ( MPT ) have seen options volatility increase over the last week. The most overbought stocks per their 14-day relative strength index include Laser Photonics ( LASE ), Solidion Technology ( STI ), and Netclass Technology ( NTCL ). The most oversold stocks per their 14-day Relative Strength Index include Mountain Lake Acquisition ( MLAC ) and ADC Therapeutics ( ADCT ). Short interest is elevated once again on Groupon ( GRPN ) and Vital Farms ( VITL ). Dividend watch: Companies that have an ex-dividend date coming next week include Alphabet ( GOOG ) ( GOOGL ), Occidental Petroleum ( OXY ), Travelers ( TRV ), and Taiwan Semiconductor Manufacturing Company ( TSM ). IPO watch: SpaceX ( SPCX ) will dominate IPO talk with the aerospace giant position...
quantic69/iStock via Getty Images Investment Thesis Execution is running ahead of every target management has set . Contracted power has gone from just over 1 GW in August 2025 to more than 3.5 GW today. The year-end target has been raised to over 4 GW , capacity is effectively sold out, and pipeline generation rose roughly 3.5x quarter over quarter in Q1. Q1 revenue of $399M grew 684% YoY and 75%...
quantic69/iStock via Getty Images Investment Thesis Execution is running ahead of every target management has set . Contracted power has gone from just over 1 GW in August 2025 to more than 3.5 GW today. The year-end target has been raised to over 4 GW , capacity is effectively sold out, and pipeline generation rose roughly 3.5x quarter over quarter in Q1. Q1 revenue of $399M grew 684% YoY and 75% QoQ, with both growth rates accelerating from Q4. The revenue is substantially de-risked . Roughly $47B of committed contract value across Microsoft ( MSFT ) ($17.4B) and Meta ( META ) (up to $29.9B across two agreements), $4.8B of customer prepayments sitting in deferred revenue, and a $2.0B NVIDIA ( NVDA ) equity investment have converted the financing problem that kills most neoclouds into a solid delivery schedule. The equity at $220 prices exactly my base case . Counting the funding still to come, the market is paying roughly 7.4x my 2027E revenue, effectively in line with my 7.5x target multiple, against CoreWeave ( CRWV ) at roughly 4.2x 2027E revenue. The weighted diluted share count grew 30% in twelve months, and I model a further ~$25B of net debt by the end of 2027. The 20% pullback from the June 1 high of $274.80 has taken the bull-case premium out of the price, but it has not created a discount (yet). The unit economics clear the cost of capital, but not by much, and only across two contract cycles . My rough calculation is that a five-year committed contract at $8-9M of revenue per MW-year returns ~75 cents per dollar of the ~$33M per MW invested within the first GPU cycle; the equity return lives in the owned shell-and-power layer (more than 75% of Nebius contracted GW) and in re-contracting refreshed fleets at held prices, neither of which is yet observable at scale. Bottom line : I am Equal Weight, $220 PT . My bull case of $300 offers ~35% upside; my bear case of $100 implies ~55% downside. I believe the skew at current levels is negative. I would conside...