claffra/iStock via Getty Images I have covered Okeanis Eco Tankers Corp. ( ECO ) before , where I outlined the investment case and explained why I considered it an attractive company in the tanker segment. Since then, the company has reported great Q1 results , beating estimates. The company has also managed to get Nissos Keros out of the Strait of Hormuz, freeing the vessel for more lucrative voy...
claffra/iStock via Getty Images I have covered Okeanis Eco Tankers Corp. ( ECO ) before , where I outlined the investment case and explained why I considered it an attractive company in the tanker segment. Since then, the company has reported great Q1 results , beating estimates. The company has also managed to get Nissos Keros out of the Strait of Hormuz, freeing the vessel for more lucrative voyages. Despite this and given the risk of a long Strait of Hormuz closure, I am downgrading the stock to hold. Background Okeanis Eco Tankers is one of the highest-quality crude tanker companies in the public market. Okeanis operates a pure crude tanker fleet consisting of 8 VLCCs and 8 Suezmaxes, all built with eco specifications and fitted with scrubbers, with an average fleet age of approximately six years, the youngest fleet among listed tanker peers. Moreover, the company has two remaining new builds that will be delivered shortly. Nissos Tigani is scheduled for delivery during Q2, while Nissos Vous is expected in July. After that, no additional vessels remain on order. Investor presentation Commercial execution also remains a major differentiating factor for the company and is the best in class in the sector. Management estimates that such outperformance has generated approximately $256 million extra for shareholders versus the peer average rate. This outperformance has been achieved across both VLCCs and Suezmaxes, and, given the quality of the fleet and the team’s consistency, I expect it to continue. Investor Presentation This outperformance allows Okeanis to pay the highest dividends among peers. The dividend policy remains unchanged, and management reiterated its intention to continue with an elevated payout: Absolutely, our capital allocation policy will remain the same. We have been committed to distributing out as much as possible within the constraints of our capital structure, of course. Investor Presentation The Hormuz situation remains a key topic. Nissos K...
Nebius (NASDAQ:NBIS) has introduced the Physical AI Living Lab, a six-month initiative designed to give robotics startups across the UK and Europe access to NVIDIA’s (NASDAQ:NVDA) physical AI software tools alongside Nebius’s cloud-based AI computing platform. The programme is intended to help early-stage robotics companies overcome common challenges related to obtaining the large-scale simulation...
Nebius (NASDAQ:NBIS) has introduced the Physical AI Living Lab, a six-month initiative designed to give robotics startups across the UK and Europe access to NVIDIA’s (NASDAQ:NVDA) physical AI software tools alongside Nebius’s cloud-based AI computing platform. The programme is intended to help early-stage robotics companies overcome common challenges related to obtaining the large-scale simulation capabilities, synthetic data generation and high-performance computing resources required to develo
Chinese artificial intelligence (AI) startup Moonshot AI, the developer of the Kimi chatbot, reportedly launched a new funding round valuing the company at $30 billion, well above its $4.3 billion valuation in December. NEWS SUMMARY The National Data Administration released an implementation plan to support the development of high-quality industry datasets.
Chinese artificial intelligence (AI) startup Moonshot AI, the developer of the Kimi chatbot, reportedly launched a new funding round valuing the company at $30 billion, well above its $4.3 billion valuation in December. NEWS SUMMARY The National Data Administration released an implementation plan to support the development of high-quality industry datasets.
Getty Images Physical AI is giving robots the ability to perceive, decide, and adapt in the real world. Here’s what that looks like today and what it means for investors. Physical AI is the idea that robots don’t just execute instructions anymore. They perceive their environment, process what they’re seeing in real time, and make decisions on the fly. At NVIDIA’s ( NVDA ) 2026 GTC Conference, CEO ...
Getty Images Physical AI is giving robots the ability to perceive, decide, and adapt in the real world. Here’s what that looks like today and what it means for investors. Physical AI is the idea that robots don’t just execute instructions anymore. They perceive their environment, process what they’re seeing in real time, and make decisions on the fly. At NVIDIA’s ( NVDA ) 2026 GTC Conference, CEO Jensen Huang put it plainly: every industrial company will become a robotics company. That’s not a prediction. It’s a description of what’s already underway. On the Warehouse Floor: Robots That Read the Room Warehouse automation has been around for a while. But the older version of it was rigid. A robot knew its route, knew its task, and couldn’t do much if something unexpected showed up. That’s the automation of the past. At MODEX 2026 in April, FANUC America ( FANUY ) demonstrated what the next generation looks like. Their CRX-30iA mobile manipulator works alongside the OTTO 600 autonomous mobile robot from Rockwell Automation ( ROK ) in a fully integrated system built for warehouse and distribution environments. What makes it different from traditional automation: AI-driven perception. The system uses payload estimation, box-locating vision, and barcode-based decision logic to automatically adapt to varied box sizes, pallet conditions, and routing requirements without being told what to do in advance. Sources: CRX-30iA by Fanuc. OTTO by Rockwell Automation. Think about what that means in practice. A pallet of mixed-size boxes shows up. The robot scans, assesses, figures out what it’s dealing with, and adjusts. No human required. That’s the Physical AI difference. And it’s not just FANUC and Rockwell. Across the broader robotics landscape, the pattern is the same: AI perception layers being added to hardware that used to run on fixed logic. The warehouse is becoming one of the most interesting testing grounds for what Physical AI can do at scale. In the Hospital: Less Leg...
Global airlines' push to attract premium customers is making fast in-flight Wi-Fi an increasingly important perk, turning a once-patchy paid service into an emerging battleground between Elon Musk's Starlink and Jeff Bezos' Amazon Leo satellite network. Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline...
Global airlines' push to attract premium customers is making fast in-flight Wi-Fi an increasingly important perk, turning a once-patchy paid service into an emerging battleground between Elon Musk's Starlink and Jeff Bezos' Amazon Leo satellite network. Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline customers globally so far in 2026, after 22 in 2025 and eight in 2024, compared with three in 2022, according to Valour Consultancy, an aviation intelligence firm. Amazon, which is still building out its Leo satellite constellation, faces a potential setback after a Blue Origin rocket failure last month.
Top Philippine telecoms firm PLDT Inc. plans to raise between $300 million and $400 million from the listing of a real estate investment trust for its data center business amid a global wave of investor interest in technology and artificial intelligence assets. The company told the stock exchange on Tuesday that its board of directors approved the potential listing of a REIT for assets under its s...
Top Philippine telecoms firm PLDT Inc. plans to raise between $300 million and $400 million from the listing of a real estate investment trust for its data center business amid a global wave of investor interest in technology and artificial intelligence assets. The company told the stock exchange on Tuesday that its board of directors approved the potential listing of a REIT for assets under its subsidiary VITRO Inc., which operates the largest data center network in the Southeast Asian nation. Proceeds from the REIT listing, targeted for the fourth quarter, will be used to pare down debts, PLDT Chairman and CEO Manuel Pangilinan told reporters. Initial assets to be injected into the REIT are PLDT’s eight data centers with a combined capacity of about 27 megawatts, he said. The listing plan comes after talks with potential buyers for the data center business fell through, Pangilinan said. “We’re not getting the kind of values we think we ought to get for the data centers,” he added. In May 2024, PLDT was seeking a valuation “north of $1 billion” for its data center business, before its largest facility began operations two months later. Read More: Top Philippine Telco Seeks $1 Billion Valuation for Data Centers Data centers are industrial-scale facilities filled with thousands of interconnected servers, sophisticated cooling systems and massive power infrastructure fueling the AI boom. Global investors are looking forward to upcoming listings from SpaceX , OpenAI and Anthropic as firms tap into investor appetite for AI-related issuances and seek public markets’ funding for ambitious growth plans. PLDT hired UBS and BPI Capital to assist in its planned REIT listing.
The Hong Kong government has unveiled an action plan to broaden tax incentives and introduce a pre-approval mechanism aimed at attracting more companies to establish corporate treasury centres in the city, according to Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. “This sets out our targeted actions to strengthen Hong Kong as a premier hub for multinational corporate ...
The Hong Kong government has unveiled an action plan to broaden tax incentives and introduce a pre-approval mechanism aimed at attracting more companies to establish corporate treasury centres in the city, according to Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. “This sets out our targeted actions to strengthen Hong Kong as a premier hub for multinational corporate treasury centres and an optimal platform for ‘bringing in and going global’, leveraging the city’s...
Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing. The idea is to give authorities more legal tools to address diversion of advanced hardware, like AI servers with Nvidia Corp. chips, from Tai...
Taiwan authorities are considering much stricter export controls on AI chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing. The idea is to give authorities more legal tools to address diversion of advanced hardware, like AI servers with Nvidia Corp. chips, from Taiwan to China. Such sales are already banned under US regulations unless companies get Washington’s permission, per curbs the US first imposed in 2022 to prevent Beijing from using advanced Nvidia processors to gain a military edge. Taiwan, however, doesn’t consider unauthorized AI chip exports to China to be a crime. While Taiwan authorities do warn the potential sellers that they may be breaking US rules should they proceed, the only legal recourse through the island’s courts is to charge suspected smugglers with violations of other, existing local laws. This can be a harder bar to meet, narrowing the scope of cases Taiwan can currently pursue. Taiwan authorities made their first known detentions of alleged chip smugglers last month, on charges of falsifying documents. Read More: Taiwan Seeks to Detain Three in Nvidia Smuggling Crackdown But now, as part of ongoing trade talks with the US, Taipei officials are considering imposing much stronger AI chip controls that would restrict sales to all customers in China, not just specific companies on an export blacklist that includes the likes of Huawei Technologies Co. , said the people, who requested anonymity to discuss a sensitive matter. That would enable Taiwan to prosecute AI chip smuggling to China as a criminal violation for the first time. If implemented, the controls would be among the most far-reaching measures so far from President Lai Ching-te ’s administration to safeguard Taiwan’s technological and national security interests, as Taipei tests its own comfort levels with more assertive policies — and manages pressu...
Live Championship updates from 11am UK time Email Tanya | MCC apologises for Lord’s pitch The government has announced £3m of funding, to be matched by the ECB, to build five all-weather cricket domes in areas currently lacking those facilities: Birmingham, Bolton, Derby, Newcastle and Nottingham. The domes will be cricket-led, all five sites but will support a range of sports and activities to ke...
Live Championship updates from 11am UK time Email Tanya | MCC apologises for Lord’s pitch The government has announced £3m of funding, to be matched by the ECB, to build five all-weather cricket domes in areas currently lacking those facilities: Birmingham, Bolton, Derby, Newcastle and Nottingham. The domes will be cricket-led, all five sites but will support a range of sports and activities to keep people active. Continue reading...