Richmond theatre, London Society tries to quash the quirks of a spirited eccentric in Peter Quilter’s new play that fails to go beyond its lead character’s unworldliness There are some good jokes in Peter Quilter’s new play and Maureen Lipman knows how to land them. “Some do cocaine, I do cabaret,” she shrugs as Allegra, whose singing is annoying her neighbours. “The ironic thing is it’s the cabar...
Richmond theatre, London Society tries to quash the quirks of a spirited eccentric in Peter Quilter’s new play that fails to go beyond its lead character’s unworldliness There are some good jokes in Peter Quilter’s new play and Maureen Lipman knows how to land them. “Some do cocaine, I do cabaret,” she shrugs as Allegra, whose singing is annoying her neighbours. “The ironic thing is it’s the cabaret that gets up people’s noses.” Allegra’s spontaneous serenades – at the butcher’s, the bakery, the hairdresser – are increasingly unwelcome in her village. Waiters march her out of restaurants, and even the local choirs have banned her. Her brother Ronen (John Middleton), worried for her health, employs a Czech care worker to make sure she eats. Every now and then Lipman gets a twinkle in her eye, a shimmy in her shoulders, and launches into a tune. At Richmond theatre, London, until 13 June. Then touring until 4 July and at Harold Pinter theatre, London, from 8 July to 8 August. Continue reading...
US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said. Even with the economy several years into an expansion, profits are on track for growth of 22% or more in 2026, according to Caffrey, a portfolio manager at the asset management unit of JPMorgan Chase & Co. Las...
US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said. Even with the economy several years into an expansion, profits are on track for growth of 22% or more in 2026, according to Caffrey, a portfolio manager at the asset management unit of JPMorgan Chase & Co. Last year saw a rise in the mid-teens, and the same is likely in 2027, Caffrey said Tuesday on Bloomberg Television’s Surveillance . “This is really an earnings-driven story,” he said. “I am still constructive on this equity market.” The 2026 US stock rally, fueled partly by corporate spending on infrastructure related to artificial intelligence, hit a wall on Friday after a solid jobs report added to bets the Federal Reserve’s next interest-rate move will be a hike . But equities have rebounded this week as a recovery in the AI trade carried into a second day. Nasdaq 100 futures advanced Tuesday, along with contracts on the S&P 500 Index and Dow Jones Industrial Average. Caffrey’s bullishness contrasts with warnings from others on Wall Street. Bank of America Securities said Friday in a note there are “too many red flags,” advising it was time to “take profits.” Citigroup Inc. strategists wrote that traders are aggressively building short-selling positions in US stocks, with Friday’s near-5% selloff in the Nasdaq 100 Index — the sharpest in 14 months — only partially resetting exposure among investors. Caffrey said he doesn’t expect short-term declines to upend the profit narrative. “If you ask me what’s going to happen in the next 15 minutes, I have no particular insights,” he said. “If you ask me what happens over 15 to 24 months, I’m going to come back to the interplay between earnings and expectations .” He acknowledged that market sentiment may have been a little high, but that indicators such as the VIX and credit spreads are “certainly telling you not a lot to be worri...
Surging investor appetite for satellite companies has quadrupled the valuation of Finnish startup Iceye Oy in six months, making it one of the biggest startups in Europe and showing how a changing global political landscape is boosting the the industry. The company reached a €10 billion ($12 billion) valuation, raising €450 million in fresh capital at attracting investment from Finland's largest i...
Surging investor appetite for satellite companies has quadrupled the valuation of Finnish startup Iceye Oy in six months, making it one of the biggest startups in Europe and showing how a changing global political landscape is boosting the the industry. The company reached a €10 billion ($12 billion) valuation, raising €450 million in fresh capital at attracting investment from Finland's largest investment firms as well as Nokia Oyj and the Qatar Investment Authority. The round brough the Finnish state's holding to 12%. The space has become particularly attractive with the looming $75 billion initial public offering of Elon Musk's SpaceX later this month. Iceye is one of a new generation of European space companies seeking to narrow a long-standing gap with US rivals. For decades, satellites were seen as strategic assets reserved for global powers. Russia’s invasion of Ukraine has changed that calculus, driving demand for faster, more flexible intelligence systems from small- and medium sized countries. The war in the Middle East has reinforced the shift, as governments accelerate plans to build or procure their own satellite constellations amid concerns that access to foreign-provided data could be restricted in times of crisis. Iceye, which provides all-weather, day-and-night Earth observation data, has emerged as one of the sector’s frontrunners. It has contracts with the German government as well as defense forces in Finland, Sweden, Poland, Portugal, Greece and the Netherlands. Read More: Satellite Startup Iceye Valuation Tops €10 Billion on New Funds “The Ukraine war followed by the Iran war made everybody stand up and realize that they have to have this ability to gather the intelligence that comes from the satellite imaging, and they can’t manage without it,” Ben Wilkinson , chief executive officer of an early Iceye investor Molten Ventures Plc, said in an interview. “The battlefield military scenarios have changed such that with drone warfare, you can’t not...
365 Studio/iStock via Getty Images The war-driven surge in fertilizer and crop markets is losing steam as concerns about major supply disruptions in the Middle East ease, reducing pressure on global food prices, Bloomberg News reported Tuesday. Urea ( UFB:COM ), the world's most widely used nitrogen fertilizer, has fallen more than 30% since mid-April, erasing gains sparked by the Iran conflict. T...
365 Studio/iStock via Getty Images The war-driven surge in fertilizer and crop markets is losing steam as concerns about major supply disruptions in the Middle East ease, reducing pressure on global food prices, Bloomberg News reported Tuesday. Urea ( UFB:COM ), the world's most widely used nitrogen fertilizer, has fallen more than 30% since mid-April, erasing gains sparked by the Iran conflict. The decline has helped pull down prices for corn ( C_1:COM ), wheat ( W_1:COM ) and other agricultural commodities, with the Bloomberg Agriculture Spot Index recently falling to its lowest level since early March. The retreat marks a sharp turnaround from the early stages of the conflict, when disruptions around the Strait of Hormuz threatened roughly one-third of global seaborne urea supplies and sent fertilizer costs sharply higher. Analysts say markets are now removing much of that geopolitical risk premium, although fertilizer prices remain vulnerable to renewed tensions in the region. Several factors have contributed to the decline. China has loosened fertilizer export restrictions, some South Asian producers have restored output and seasonal demand has weakened as planting activity slows across much of the Northern Hemisphere. Brazil, a major fertilizer importer, has also delayed purchases. Crop markets have followed a similar path. The Bloomberg Agriculture Spot Index is down roughly 10% from its mid-May peak as favorable U.S. growing conditions, expanding harvests and ample global inventories improve supply prospects. Analysts say global grain stockpiles remain sufficient despite concerns about weather and higher energy costs. The pullback in fertilizer prices could provide relief for farmers by reducing input costs and may help ease food inflation pressures later this year. However, elevated fuel prices and ongoing geopolitical uncertainty continue to pose risks for agricultural markets. Brazil's fertilizer buying activity will be closely watched in the second half ...
Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. ( ELMT ) ( ELMT ) announced on Tuesday that it has secured strategic funding of $4.3 million supporting a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs. The contract award is expected to enhan...
Elmet Technologies, a wholly-owned subsidiary of The Elmet Group Co. ( ELMT ) ( ELMT ) announced on Tuesday that it has secured strategic funding of $4.3 million supporting a government contract award to develop and advance domestic manufacturing capabilities for molybdenum-based products and refractory metal components utilized in critical defense programs. The contract award is expected to enhance Elmet Technologies’ capacity and capabilities related to precision machining, production automation, additive manufacturing, material feeding, and post-processing equipment, as well as additional finishing and inspection systems. In addition, the contract aims to bolster domestic manufacturing readiness, redundancy, and expansion and meets the projected long-term demand for refractory metal components, specifically molybdenum-based products used in modern defense interceptor programs. The company stated that the contract will fund targeted investments across Elmet Technologies’ manufacturing operations with the objective of accelerating production throughput and improving precision component performance in mission-critical interceptor systems and U.S . defense platforms. Source: press release More on The Elmet Group Co. Elmet Group: Some Questions On This Rare And Critical Materials Business The Elmet Group Seeks IPO On Moderate Revenue Growth, Capacity Increase The Elmet Group Co. GAAP EPS of -$0.02, revenue of $56M Historical earnings data for The Elmet Group Co. Financial information for The Elmet Group Co.
Jet.AI ( JTAI ) on Tuesday slumped after its Board of Directors authorized a formal review of strategic alternatives regarding the company's equity interest in Elon Musk’s SpaceX ( SPCX ). Shares of the Jet.AI were trading nearly 11% lower premarket at $7.02. The Board's review will consider potential alternatives including the acquisition of additional equity in SpaceX, the retention of the compa...
Jet.AI ( JTAI ) on Tuesday slumped after its Board of Directors authorized a formal review of strategic alternatives regarding the company's equity interest in Elon Musk’s SpaceX ( SPCX ). Shares of the Jet.AI were trading nearly 11% lower premarket at $7.02. The Board's review will consider potential alternatives including the acquisition of additional equity in SpaceX, the retention of the company's existing position, distribution of the company’s SpaceX interest to shareholders in the form of a spin-off or special dividend, and sale or transfer of all or a portion of the interest, among others. Jet.AI, in April, said it had made a $5 million strategic investment through a special purpose vehicle to acquire an economic interest in xAI, SpaceX’s AI-focused subsidiary, giving the company exposure to SpaceX and its related businesses, including Starlink and X/Twitter. SpaceX is raising about $75B in its IPO, priced at $135 per share, targeting a $1.75T valuation. Final pricing is expected to be disclosed on June 11. More on Jet.AI Inc., SpaceX The SpaceX IPO: All Systems Go, Ready For Blast Off? Wall Street Brunch: SpaceX IPO, WWDC And CPI Revisiting The SpaceX Valuation: A Post-Prospectus Update Wait to buy? SA Investing Community discusses the upcoming SpaceX IPO SpaceX set for early entry into MSCI indexes after IPO
(RTTNews) - Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada.
(RTTNews) - Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada.
Science Applications International ( SAIC ) announced on Tuesday that it secured a position on the U.S. Air Force’s ABMS Digital Infrastructure Network Developer program, a multiple-award contract with an estimated value of $192M. The award supports the Air Force Battle Network and broader CJADC2 modernization efforts. The company will develop and deploy key digital infrastructure to improve milit...
Science Applications International ( SAIC ) announced on Tuesday that it secured a position on the U.S. Air Force’s ABMS Digital Infrastructure Network Developer program, a multiple-award contract with an estimated value of $192M. The award supports the Air Force Battle Network and broader CJADC2 modernization efforts. The company will develop and deploy key digital infrastructure to improve military communications and connectivity. Moreover, it also plans to integrate advanced commercial technologies and accelerate AI capabilities under the program. Source: Press Release More on Science Applications Science Applications International: Solid Quarter But Likely Average Stock Growth Science Applications International: I'm Buying The Discount (Upgrade) Science Applications International Corporation (SAIC) Q1 2027 Earnings Call Transcript SAIC raises profit outlook after improved quarter, shares jump Science Applications Non-GAAP EPS of $3.23 beats by $0.95, revenue of $1.91B beats by $90M
Shares of chip designer Marvell Technology (NASDAQ: MRVL) jumped by a whopping 33% on June 2, and Nvidia CEO Jensen Huang was the reason behind this massive surge. According to Huang, Marvell will join the trillion-dollar market cap club . That seems like an ambitious statement at first, given that Marvell currently has a market cap of almost $230 billion. However, a closer look at the problem tha...
Shares of chip designer Marvell Technology (NASDAQ: MRVL) jumped by a whopping 33% on June 2, and Nvidia CEO Jensen Huang was the reason behind this massive surge. According to Huang, Marvell will join the trillion-dollar market cap club . That seems like an ambitious statement at first, given that Marvell currently has a market cap of almost $230 billion. However, a closer look at the problem that Marvell is solving in the artificial intelligence (AI) infrastructure ecosystem will reveal why the Nvidia CEO is bullish about the company's prospects. I won't be surprised if Marvell eventually becomes a trillion-dollar company . Let's look at the reasons why. Continue reading
The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.
The data-center developer announces the signing of a 15-year lease at a secretive new artificial-intelligence campus somewhere in a southern U.S. state.