Rongsheng Petrochemical Co., already the biggest buyer of crude from Canada’s sole West Coast pipeline, is weighing an agreement to buy oil from Alberta’s next project, a proposed million-barrel-a-day pipeline to British Columbia, according to people familiar with the matter.
Rongsheng Petrochemical Co., already the biggest buyer of crude from Canada’s sole West Coast pipeline, is weighing an agreement to buy oil from Alberta’s next project, a proposed million-barrel-a-day pipeline to British Columbia, according to people familiar with the matter.
Less interested in spectacle than vibe, the Delta State artist’s subtle atmospheric projects are carving a quietly distinctive path From Delta State, Nigeria Recommended if you like Omah Lay, Rema, XXXTentacion, Juice WRLD Up next Album Night out now Born and raised in Delta State and now based in Lagos, Strei is part of a new generation of Nigerian musicians turning away from Afropop’s extroverte...
Less interested in spectacle than vibe, the Delta State artist’s subtle atmospheric projects are carving a quietly distinctive path From Delta State, Nigeria Recommended if you like Omah Lay, Rema, XXXTentacion, Juice WRLD Up next Album Night out now Born and raised in Delta State and now based in Lagos, Strei is part of a new generation of Nigerian musicians turning away from Afropop’s extroverted certainties and towards something more inward-looking. His self-described “Afromood” sound retains the melodic instincts of contemporary Nigerian pop, but softens them into something more atmospheric and emotionally porous. There are traces of Omah Lay in his melancholic delivery, and of the late Juice WRLD in his confessional songwriting, but Strei’s music doesn’t feel like a mix of influences so much as a deliberate attempt to find emotional clarity. Continue reading...
OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles. Murati, who later left OpenAI to found Thinking Machines Lab, was one of a key cohort who helped reinstate Altman after his shock firing nearl...
OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles. Murati, who later left OpenAI to found Thinking Machines Lab, was one of a key cohort who helped reinstate Altman after his shock firing nearly three years ago. The episode thrust Murati into the spotlight after she was briefly named interim CEO. When she quickly set about trying to bring Altman back, the board replaced her with former Twitch chief Emmett Shear . More than 700 of OpenAI’s roughly 770 employees then signed a letter threatening to quit and follow Altman to Microsoft Corp. – and barely five days after he was fired, Altman was reinstated with a reconstituted board. “When I realized that their decision was potentially catastrophic for the company — that things would potentially fall apart — I felt like I had to act very quickly,” Murati said. If she hadn’t, “quite likely, OpenAI would have imploded,” Murati said at the Bloomberg Tech conference in San Francisco. Murati’s remarks echoed her testimony in Elon Musk ’s lawsuit against OpenAI in April, where she said the company was at risk of falling apart after Altman’s removal. She also testified she had concerns about Altman’s leadership. Former OpenAI board member Helen Toner offered a more complicated portrait of Murati’s role in a deposition, saying Murati “was waiting to see which way the wind would blow, and she didn’t realize she was the wind.” “Even though, on the surface, it looked very chaotic, at each point in time I felt very clear about what I had to do,” Murati said Thursday. “To provide continuity and stability, to help restore that, get the team in place to then deliver.” Read More: The Coups and Concessions That Brought Altman Back to OpenAI Murati, who left OpenAI in late 2024, is now making the case for a different vision of artificia...
(Bloomberg) -- OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles.Most Read from BloombergBecerra Advances in California’s $300 Million Governor RaceSpaceX, Other Mega IPOs Denied Fast Index Ent...
(Bloomberg) -- OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles.Most Read from BloombergBecerra Advances in California’s $300 Million Governor RaceSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every Cylinder‘Sell Indonesia’ Sweeps Trading Desk
Investing.com -- Qualcomm is positioning itself as a broad-based artificial intelligence infrastructure play, moving beyond its smartphone roots to compete across data centers, automotive, and wearables, with agentic AI the unifying theme.
Investing.com -- Qualcomm is positioning itself as a broad-based artificial intelligence infrastructure play, moving beyond its smartphone roots to compete across data centers, automotive, and wearables, with agentic AI the unifying theme.
NVIDIA (NASDAQ:NVDA) trades at $218.66. With shares pressing toward a 52-week high of $236.26, the question is whether the AI infrastructure story still has room to run or whether expectations have caught up to the business. Nvidia designs the GPUs, networking fabric, and software platforms powering virtually every serious AI deployment globally. The company sits ... Nvidia Stock Nearing 52-Week H...
NVIDIA (NASDAQ:NVDA) trades at $218.66. With shares pressing toward a 52-week high of $236.26, the question is whether the AI infrastructure story still has room to run or whether expectations have caught up to the business. Nvidia designs the GPUs, networking fabric, and software platforms powering virtually every serious AI deployment globally. The company sits ... Nvidia Stock Nearing 52-Week High: Buy, Sell or Hold?
Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) offers lower costs and pure Treasury exposure, while Fidelity Investment Grade Bond ETF (NYSEMKT:FIGB) provides broader corporate exposure and a higher trailing yield. Fixed income investors often face a choice between the absolute safety of government-backed debt and the slightly higher income potential of a diversified investment-grade portfo...
Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) offers lower costs and pure Treasury exposure, while Fidelity Investment Grade Bond ETF (NYSEMKT:FIGB) provides broader corporate exposure and a higher trailing yield. Fixed income investors often face a choice between the absolute safety of government-backed debt and the slightly higher income potential of a diversified investment-grade portfolio. While both funds focus on the intermediate portion of the maturity curve, they offer distinct risk profiles. This comparison examines how the Vanguard fund’s Treasury focus compares with the broader mandate of the Fidelity ETF. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Marvell Technology soars 363% on booming AI data center demand, but premium valuation and intense competition raise the question of whether to buy, sell or hold the stock.
Marvell Technology soars 363% on booming AI data center demand, but premium valuation and intense competition raise the question of whether to buy, sell or hold the stock.
German real estate group TAG Immobilien AG is considering starting the formal process for a potential initial public offering of its Polish unit Robyg SA in Warsaw as soon as the coming weeks, according to people familiar with the matter. The company is working with advisers including Goldman Sachs Group Inc. , Erste Group Bank AG and mBank SA on the potential transaction, said the people, who ask...
German real estate group TAG Immobilien AG is considering starting the formal process for a potential initial public offering of its Polish unit Robyg SA in Warsaw as soon as the coming weeks, according to people familiar with the matter. The company is working with advisers including Goldman Sachs Group Inc. , Erste Group Bank AG and mBank SA on the potential transaction, said the people, who asked not to be identified discussing confidential information. TAG Immobilien, which has a market capitalization of around €2.5 billion ($2.9 billion) revealed alongside its 2025 annual results that it was exploring strategic options for Robyg, including a potential listing. The German landlord generated about 38% of its revenues last year in Poland, according to its annual report . No final decisions have been made, and details of the offering including the timing may change, the people cautioned. A representative for TAG Immobilien referred to the company’s comments from March and said there’s no certainty that a transaction will take place. Erste Group and mBank declined to comment, while a representative for Goldman Sachs didn’t immediately reply to a request for comment. The plans to list Robyg come just four years after TAG Immobilien acquired the company for a purchase price of 2.45 billion zloty ($668 million), in a bid to become Poland’s leading residential-for-rent player. Robyg was previously listed in Warsaw before it was bought by a vehicle backed by Goldman Sachs Asset Management and Centerbridge Partners in 2018. The potential return to Warsaw’s equity market comes as Poland’s residential property market shows signs of stabilization. After several years of rapid price growth driven by government-backed mortgage subsidies and a surge in housing demand, residential prices have largely plateaued, according to the central bank’s data.
As the tech industry rushes to develop artificial intelligence, Morgan Stanley's Anish Shah, the bank's global head of debt capital markets, says at the Bloomberg Global Credit Forum on June 3 that the spending will fuel a debt issuance boom that could approach 15% of all credit sales. He spoke alongside Wells Fargo's Maureen O'Connor, Invesco's Matt Brill and Robert Cohen of DoubleLine in a panel...
As the tech industry rushes to develop artificial intelligence, Morgan Stanley's Anish Shah, the bank's global head of debt capital markets, says at the Bloomberg Global Credit Forum on June 3 that the spending will fuel a debt issuance boom that could approach 15% of all credit sales. He spoke alongside Wells Fargo's Maureen O'Connor, Invesco's Matt Brill and Robert Cohen of DoubleLine in a panel moderated by Bloomberg News' Nabila Ahmed. (Source: Bloomberg)
Micron Technology (NasdaqGS:MU) has been certified as an HBM4 memory supplier for Nvidia’s next generation Vera Rubin AI platform. Samsung and SK Hynix were confirmed alongside Micron, with all three vendors already in production for Vera Rubin. Nvidia CEO Jensen Huang identified Micron as a key partner in the AI hardware supply chain, formally validating its role in HBM4. For investors tracking A...
Micron Technology (NasdaqGS:MU) has been certified as an HBM4 memory supplier for Nvidia’s next generation Vera Rubin AI platform. Samsung and SK Hynix were confirmed alongside Micron, with all three vendors already in production for Vera Rubin. Nvidia CEO Jensen Huang identified Micron as a key partner in the AI hardware supply chain, formally validating its role in HBM4. For investors tracking AI hardware, this certification puts Micron directly in the core memory supply chain for one of...