Luke McCullough , the corporate affairs director at BBC Scotland, responds to an article reporting ‘deep unease’ about female presenters being axed Your report on staff concerns about the number of female presenters on BBC Radio Scotland’s new schedule is mystifying ( ‘Deep unease’ at BBC Radio Scotland as majority of axed presenters are women, 28 May ). When the new schedule starts, of the 25 day...
Luke McCullough , the corporate affairs director at BBC Scotland, responds to an article reporting ‘deep unease’ about female presenters being axed Your report on staff concerns about the number of female presenters on BBC Radio Scotland’s new schedule is mystifying ( ‘Deep unease’ at BBC Radio Scotland as majority of axed presenters are women, 28 May ). When the new schedule starts, of the 25 daytime programmes across the week Monday to Friday, six will routinely be presented solely by men, and the other 19 will be routinely presented either solely by women, or jointly by women and men. More than half of the programmes will be routinely presented solely by women. To somehow raise questions about female diversity in that presenting lineup is surely ignoring the actual evidence of the BBC schedule here in Scotland. Continue reading...
Yvonne Singh says the government needs to hold South East Water to account after elderly and vulnerable residents had to queue at water stations in the hottest week of the year The story is a depressingly familiar one: from bank holiday Monday, thousands of homes in Kent had no water all last week ( ‘They’re a private company, run for profit!’: fury in Kent at South East Water’s outages, 28 May )....
Yvonne Singh says the government needs to hold South East Water to account after elderly and vulnerable residents had to queue at water stations in the hottest week of the year The story is a depressingly familiar one: from bank holiday Monday, thousands of homes in Kent had no water all last week ( ‘They’re a private company, run for profit!’: fury in Kent at South East Water’s outages, 28 May ). This on the hottest week of the year so far. No water for drinking, flushing toilets, washing hands, bathing or cleaning, let alone sprinklers in the garden. Vulnerable and elderly people and families were forced to queue in the searing heat for bottled water at water stations. Those on priority lists did not received promised deliveries and had to rely on the kindness of friends and families. In Whitstable, the first hot week of the summer promised profit. Instead, cafes, pubs, famed oyster bars and leisure centres were forced to close, resulting in thousands of pounds being lost from the local economy. Continue reading...
Agentic artificial intelligence (AI) is the next evolution of AI, and with it will come another big opportunity in the chip space. Instead of graphics processing units (GPUs), though, the chips leading the charge in the agentic AI race are central processing units (CPUs). CPUs act like the brain of the computer, and more will be needed to handle the sequential reasoning and tools required to manag...
Agentic artificial intelligence (AI) is the next evolution of AI, and with it will come another big opportunity in the chip space. Instead of graphics processing units (GPUs), though, the chips leading the charge in the agentic AI race are central processing units (CPUs). CPUs act like the brain of the computer, and more will be needed to handle the sequential reasoning and tools required to manage AI agents. While AI training typically has an 8-to-1 GPU-to-CPU ratio, with agentic AI, the ratio moves to 1-to-1. Now, the opportunity isn't as big as the one for GPUs, as CPUs cost about a tenth of the price, but it is still sizable, and the average selling price of CPUs should be on the rise as agentic AI works best with high-performance CPUs with high core counts, which work like individual workstations. The higher the core count, the pricier the CPU. Meanwhile, the market has been estimated to rise to as much as $200 billion in the coming years. Continue reading
Time is a resource that reflects power, raising the question of who gets to decide how it is spent, says Dr Louise Lawson Writing this letter has been a productivity gain for me as a full-time academic, parent and unpaid carer for my disabled partner. While Tania Roettger’s reflection on parenthood and productivity was refreshing and resonated, it risks reinforcing a narrow narrative about time, w...
Time is a resource that reflects power, raising the question of who gets to decide how it is spent, says Dr Louise Lawson Writing this letter has been a productivity gain for me as a full-time academic, parent and unpaid carer for my disabled partner. While Tania Roettger’s reflection on parenthood and productivity was refreshing and resonated, it risks reinforcing a narrow narrative about time, work and care, shaped by persistent gender inequalities in paid and unpaid labour ( Whisper it: becoming a mum can make you a more productive writer, 28 May ). For many women, productivity gains are less about drafting a paragraph for a novel and more about contending with chores that remain gendered. Policy debates from the four-day week to Living Hours increasingly recognise problems of too much versus too little paid work. Yet framing time solely in terms of the number of hours worked misses a crucial issue. The rhythms, scheduling, predictability and control of working time are fundamental to wellbeing, especially given women’s disproportionate responsibility for unpaid labour, which continues to structure and constrain how time is experienced. Continue reading...
Massive tranche reveals ex-ambassador’s scorn for Starmer’s leadership and his unwillingness to share information It is, Downing Street has said, the most extensive release of government documents ever done in response to a Commons motion – nearly 1,500 pages in all. But what does the second and main tranche of documents connected to Peter Mandelson’s role as US ambassador to Washington tell us th...
Massive tranche reveals ex-ambassador’s scorn for Starmer’s leadership and his unwillingness to share information It is, Downing Street has said, the most extensive release of government documents ever done in response to a Commons motion – nearly 1,500 pages in all. But what does the second and main tranche of documents connected to Peter Mandelson’s role as US ambassador to Washington tell us that is new? Continue reading...
Mike Schroepfer's Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world's energy and material shortages.
Mike Schroepfer's Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world's energy and material shortages.
Mike Schroepfer's Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world's energy and material shortages.
Mike Schroepfer's Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world's energy and material shortages.
At midday, the S&P 500 (SNPINDEX:^GSPC) inched up 0.07% to 7,585.26, the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.23% to 27,034.50 on artificial intelligence (AI) strength. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.24% to 50,912.06 as oil-linked cyclicals lagged. Nvidia jumped more than 4% this morning, after unveiling a new AI-focused PC chip. The news helped push Dell Techno...
At midday, the S&P 500 (SNPINDEX:^GSPC) inched up 0.07% to 7,585.26, the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.23% to 27,034.50 on artificial intelligence (AI) strength. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.24% to 50,912.06 as oil-linked cyclicals lagged. Nvidia jumped more than 4% this morning, after unveiling a new AI-focused PC chip. The news helped push Dell Technologies up 8% and Microsoft up 2%, as both firms benefit from the chip. Dell also got a boost from a Morgan Stanley upgrade, as analysts more than doubled the stock’s price target. On the other hand, Qualcomm (NASDAQ:QCOM) and Intel fell on fears of tougher PC competition. ServiceNow extended its rally with a 10% surge as investors reassessed software stocks. Continue reading
Nebius (NASDAQ: NBIS) is one of the most fascinating AI infrastructure stocks in the market, with massive revenue growth, a huge contracted backlog, and a clear link to the agentic AI boom. But the stock's valuation, CapEx demands, competition, and volatility make this a much har
Nebius (NASDAQ: NBIS) is one of the most fascinating AI infrastructure stocks in the market, with massive revenue growth, a huge contracted backlog, and a clear link to the agentic AI boom. But the stock's valuation, CapEx demands, competition, and volatility make this a much har
TennesseePhotographer Tractor Supply Company ( TSCO ) announced on Monday a major storewide expansion across its truck, tool, and hardware categories, which it described as a complete, solutions-based reset of the electrical aisle. The highlight of the retailer's expansion is the launch of SKIL Power Tools. SKIL has a 100-year legacy of proven performance rooted in real work conditions and has a r...
TennesseePhotographer Tractor Supply Company ( TSCO ) announced on Monday a major storewide expansion across its truck, tool, and hardware categories, which it described as a complete, solutions-based reset of the electrical aisle. The highlight of the retailer's expansion is the launch of SKIL Power Tools. SKIL has a 100-year legacy of proven performance rooted in real work conditions and has a reputation of being built to handle tough conditions around the home or jobsite. The initial rollout includes over 30 tools and accessories in stores, with an expanded assortment online. Key highlights of the lineup include the versatile flip drill, circular saw, impact driver, and stapler, with an exclusive SKIL grease gun designed specifically for TSCO customers scheduled to launch later this summer. Along with the new tools, Tractor Supply ( TSCO ) noted that it has completely refreshed its electrical aisle, adding 188 new SKUs from the nation’s top electrical, lighting, and safety brands. The newly designed aisle is organized directly around how customers shop and work, bringing trusted national leaders like Klein Tools, Leviton, GE, Kidde, and Coast together under one roof. Tractor Supply ( TSCO ) sees the moves as boosting its ability to equip project-driven customers looking to complete repairs, maintenance, and home improvement jobs. The strategic investments were said to combine accessible, high-performance power tools with a more intuitive, simplified shopping experience. "We continue to see customers taking on more repair, maintenance, and improvement projects themselves," updated Randall Dodds, Senior Vice President and General Merchandising Manager at Tractor Supply. "The addition of SKIL and the expansion of our electrical assortment reflect how Tractor Supply is evolving to better serve those project-driven customers with trusted brands, simplified shopping, and solutions that fit the way they live and work," he added. More on Tractor Supply Tractor Supply Is ...
After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission. The filing sets the stage for what's sure to be a massive IPO. As of its fundraise last week, Anthropic is being called the world's most valuable startup, with a post-money va...
After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission. The filing sets the stage for what's sure to be a massive IPO. As of its fundraise last week, Anthropic is being called the world's most valuable startup, with a post-money valuation of $965 billion. That tops the $852 billion post-money valuation of OpenAI, which is its biggest rival. Anthropic chose to submit its draft registration statement to the SEC confidentially, according to a blog post from the company, meani … Read the full story at The Verge.
Kenneth Cheung Cryptocurrency exchange Binance on Monday said its users can now also trade in U.S. stocks and ETFs in addition to crypto tokens on its platform. The Binance app will let users trade over 7,000 stocks and ETFs, making the company the first global crypto exchange to offer direct stock trading worldwide. The stocks available for trading include Apple ( AAPL ), Tesla ( TSLA ), Amazon.c...
Kenneth Cheung Cryptocurrency exchange Binance on Monday said its users can now also trade in U.S. stocks and ETFs in addition to crypto tokens on its platform. The Binance app will let users trade over 7,000 stocks and ETFs, making the company the first global crypto exchange to offer direct stock trading worldwide. The stocks available for trading include Apple ( AAPL ), Tesla ( TSLA ), Amazon.com ( AMZN ), Nvidia ( NVDA ), Microsoft ( MSFT ), and Alphabet ( GOOG ) ( GOOGL ); ETFs include State Street SPDR S&P 500 ETF Trust ( SPY ), Invesco QQQ Trust, Series 1 ETF ( QQQ ), and State Street Financial Sel Sec SPDR ETF ( XLF ). Binance said its users can also opt into fully paid securities lending from June 4, allowing additional yield on shares by lending them out while retaining ownership. Furthermore, the company said its users can buy stocks and ETFs with stablecoins used for their crypto portfolio, including USDT ( USDT-USD ) and USDC ( USDC-USD ). Binance users can trade stocks and ETFs 24 hours a day, Monday through Friday. More on Binance Iran-linked flow of funds on Binance reportedly continued into this month Binance sues WSJ over Iran-linked crypto transfer report
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) While the bulk of earnings season is in the rearview mirror, Jay Woods, chief market strategist at Freedom Capital Markets, sees a few key releases for investors this week. Nearly 97% of S & P 500 companies have reported earnings this quarter, ac...
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) While the bulk of earnings season is in the rearview mirror, Jay Woods, chief market strategist at Freedom Capital Markets, sees a few key releases for investors this week. Nearly 97% of S & P 500 companies have reported earnings this quarter, according to FactSet. Of those, about 85% have surpassed Wall Street's expectations. Here's some of the names on Woods' radar that are posting results this week: Broadcom Woods said Broadcom broke out ahead of its report in a similar fashion to Nvidia . Because of that, he said the chipmaker will need to both beat expectations for earnings and raise the outlook to avoid a pullback. "Is it a breakout or a fakeout?" Woods said. Investors should watch for the $410 to $415 per share range as a good place to buy if shares slide after earnings. If the stock continues rallying, he said it could hit $500 within a few weeks. Broadcom has surged more than 32% so far in 2026 and has climbed almost 89% over the last 12 months. Most analysts polled by LSEG have a buy rating, with the typical price target suggesting shares can rise another 3.2%. AVGO 1Y mountain Broadcom, 1-year GitLab While GitLab has struggled this year, Woods said the stock broke a downtrend last week. Shares could face resistance at the $33 and $37 price levels, Woods said. But if those are surpassed, the strategist said shares can run up to $46 per share. GitLab was last trading around $33 a share, up almost 7% on the day. "We've seen a lot of these software stocks come back," Woods said. "If this gives us a little momentum, they move ... quickly." Despite an advance in Monday's session, GitLab shares are still down more than 11% year to date. Wall Street doesn't expect a rebound on the horizon: The average analyst has a hold rating and anticipates a pullback of more than 2%, per LSEG. Five Below Outside tech, Woods s...
Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation , Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock. "This gives us the option to go public after the SEC completes its review. The proposed i...
Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation , Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock. "This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors," the maker of the Claude chatbot wrote in a press release. The move puts Anthropic and OpenAI in a race to become the first major frontier AI lab to tap public markets, as investor appetite for AI infrastructure and all things SpaceX remains hot into early June. It's "worth noting: filing first ≠ pricing first a confidential draft S-1 starts the SEC clock but sets no date," CNBC reporter Deirdre Bosa pointed out on X. worth noting: filing first ≠ pricing first a confidential draft S-1 starts the SEC clock but sets no date https://t.co/EY8X4Q4y8N — Deirdre Bosa (@dee_bosa) June 1, 2026 The Polymarket bet " Will Anthropic or OpenAI IPO first? " shows that the confidential S-1 filing was a surprise to prediction markets. Anthropic's confidential S-1 filing was a surprise to prediction markets https://t.co/08PxrLSOXG pic.twitter.com/TivykIBSZb — zerohedge (@zerohedge) June 1, 2026 The surprise news comes four days after Anthropic raised $65 billion at a $900 billion valuation , nearly tripling its prior valuation and potentially surpassing OpenAI as the most valuable frontier AI lab. That round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia, with additional participation from major investors including Baillie Gifford, Blackstone, Brookfield, Abu Dhabi’s MGX, and Singapore’s Temasek. The funding comes shortly after Anthropic released Claude Opus 4.8 and follows a prior $30 billion raise at a $350 billion valuation just three months earlier. The Anthropic-OpenAI race to IPO comes as SpaceX...
sitox Fluence Energy ( FLNC ) up 39.4% in Monday's trading to its highest in nearly four months after the company unveiled a collaboration with Siemens ( SIEGY ) and Nvidia ( NVDA ) to develop a design for artificial intelligence data centers. Siemens ( SIEGY ) said it will partner with Fluence ( FLNC ) to develop infrastructure built with Nvidia's ( NVDA ) Vera Rubin NVL72, a new rack-scale AI su...
sitox Fluence Energy ( FLNC ) up 39.4% in Monday's trading to its highest in nearly four months after the company unveiled a collaboration with Siemens ( SIEGY ) and Nvidia ( NVDA ) to develop a design for artificial intelligence data centers. Siemens ( SIEGY ) said it will partner with Fluence ( FLNC ) to develop infrastructure built with Nvidia's ( NVDA ) Vera Rubin NVL72, a new rack-scale AI supercomputer designed for use in data centers. The companies said the blueprint, which incorporates design work from nVent Electric ( NVT ) , would translate Nvidia's ( NVDA ) AI factory vision into deployable systems for data center providers; reference plans involve a 136 MW data center facility that would incorporate Fluence ( FLNC ) batteries. "Our Smartstack platform is central to this new architecture, transforming the grid into an accelerator for compute," Fluence ( FLNC ) Chief Growth Officer Jeff Monday said. "By providing essential capabilities like voltage and frequency ride-through, black start, grid demand response, and AI load smoothing, we are enabling our customers to build the AI factories of the future, faster and more reliably." The partnership would represent a potential new sales channel for Fluence ( FLNC ), Barclays analyst Christine Cho said in a note. More on Fluence Energy Fluence Energy: The Unpriced AI Power Moat Awaiting Liftoff Fluence: The Data Center Opportunity Looks Promising, But Other Risks Remain Fluence Energy Q2 2026 Earnings Call Presentation
About half of drivers will take action on Tuesday as RMT blames TfL’s ‘refusal to engage meaningfully’ The strike on the London Underground will go ahead on Tuesday after a day of talks failed to avert industrial action. About half of London’s tube drivers will go on strike, bringing widespread transport disruption to the capital. A second strike is planned for Thursday. Continue reading...
About half of drivers will take action on Tuesday as RMT blames TfL’s ‘refusal to engage meaningfully’ The strike on the London Underground will go ahead on Tuesday after a day of talks failed to avert industrial action. About half of London’s tube drivers will go on strike, bringing widespread transport disruption to the capital. A second strike is planned for Thursday. Continue reading...