In previous decades, South Korea has always been a cultural and financial afterthought after Japan, with its dominance in electronics and engineering through companies like Sony, Toyota, JVC, Honda, and Mitsubishi; and China, with its enormous low cost manufacturing, geopolitical and military clout, and expanding middle class prosperity. Apart from the Korean War and the ... Three Ways to Play Sou...
In previous decades, South Korea has always been a cultural and financial afterthought after Japan, with its dominance in electronics and engineering through companies like Sony, Toyota, JVC, Honda, and Mitsubishi; and China, with its enormous low cost manufacturing, geopolitical and military clout, and expanding middle class prosperity. Apart from the Korean War and the ... Three Ways to Play South Korea’s 2026 Stock Market Boom, From a Steady ETF to a 503% Leveraged Bet
Macy’s raised its sales outlook for the year, lifting its annual guidance for comparable sales to as much as 1.2%, up from a previous high of 0.5%. Romaine Bostick reports on Bloomberg Television. (Source: Bloomberg)
Macy’s raised its sales outlook for the year, lifting its annual guidance for comparable sales to as much as 1.2%, up from a previous high of 0.5%. Romaine Bostick reports on Bloomberg Television. (Source: Bloomberg)
格隆汇6月3日｜AI应用软件股延续前日跌势，Datadog、MongoDB、Gitlab跌超7%，Figma跌超6%，Reddit、Servicenow、Applovin、Unity均跌超5%，Palantir、Snowflake、赛富时、SAP均跌超4%。消息面上，软件股在周一迎来一波强劲反弹，黄仁勋最新的论点——AI代理将成为软件工具使用量的巨大乘数效应——暂时缓解了投资者的焦虑。瑞穗分析师Daniel J. O’Regan指出，此次急跌的元凶是程序化交易，而非AI叙事的根本转变。他评论道：“毫无逻辑可言，看起来象是量化基金正在抛售某个因子篮子或自定义指数。”(格隆汇)
Lance Roberts of RIA Advisors joined Adam Taggart on the Thoughtful Money podcast and brought a sharper version of the market concentration argument that retirement investors holding broad S&P 500 index funds may want to pay attention to. The 0% Growth Finding Roberts walked through cumulative year-to-date changes in consensus 2027 EPS estimates, and the ... You Think You Own the S&P 500. You Most...
Lance Roberts of RIA Advisors joined Adam Taggart on the Thoughtful Money podcast and brought a sharper version of the market concentration argument that retirement investors holding broad S&P 500 index funds may want to pay attention to. The 0% Growth Finding Roberts walked through cumulative year-to-date changes in consensus 2027 EPS estimates, and the ... You Think You Own the S&P 500. You Mostly Own a Few AI Stocks — and the Rest Is Growing at Zero
Navitas Semiconductor ( NVTS ) surged as high as 20% during early market action on Wednesday after revealing its new collaboration with Nvidia ( NVDA ) to develop 800 DVC rack architectures for AI-focused data centers. The new systems eliminate the need for the traditional 48 V intermediate bus converter stage in compute server trays, which improves system efficiency, reliability and reduces the s...
Navitas Semiconductor ( NVTS ) surged as high as 20% during early market action on Wednesday after revealing its new collaboration with Nvidia ( NVDA ) to develop 800 DVC rack architectures for AI-focused data centers. The new systems eliminate the need for the traditional 48 V intermediate bus converter stage in compute server trays, which improves system efficiency, reliability and reduces the space required. "Through our collaboration with NVIDIA within the MGX ecosystem, Navitas is delivering GaN and SiC power technologies that enable megawatt-scale AI server racks with higher power density, a smaller system footprint, and improved thermal performance, helping accelerate the transition to more efficient and scalable AI infrastructure," said Navitas CEO Chris Allexandre. Navitas has developed its GeneSic silicon carbide solutions to enable more efficient power delivery from the electric grid to the AI compute rack. These support solid-state transformers with ultra-high voltage power modules of 2300 V and 3300 V, which are powered by Navitas' 1200 V SiC MOSFETs. The company's GaNFast technology delivers DC-DC power conversion to support the increasing power demands of GPUs. More on Navitas and Nvidia Wall Street Lunch: NVIDIA CEO Huang's $1T Marvell Call Triggers $40B Rally, Crushing Puts Nvidia: Wall Street's Ultimate Paradox In 2026 Navitas: Even Explosive Growth May Not Be Enough Lumentum, Corning among gainers in optical networking as Nvidia praises Marvell Nvidia, Qualcomm, Intel, Marvell offer up positives at Computex: GF
Paopano The global PC market is heading into a “turbulent” second half of 2026 due to a memory shortage, but a notable “wildcard” is Apple’s MacBook Neo, which has driven stronger-than-expected demand, according to research firm IDC. IDC now forecasts global PC shipments will decline 11.3% for the full year, with conditions worsening progressively through the fourth quarter, when shipments are exp...
Paopano The global PC market is heading into a “turbulent” second half of 2026 due to a memory shortage, but a notable “wildcard” is Apple’s MacBook Neo, which has driven stronger-than-expected demand, according to research firm IDC. IDC now forecasts global PC shipments will decline 11.3% for the full year, with conditions worsening progressively through the fourth quarter, when shipments are expected to fall 20% year-over-year. The research firm noted that this is due to a persistent memory shortage with no meaningful relief expected before the end of 2027. The knock-on effects are significant: prices are rising, and PC manufacturers are struggling to maintain full product portfolios, according to IDC. IDC added that the first quarter of 2026 offered a deceptively encouraging signal, with shipments growing 3% versus the same period last year. However, that strength was largely borrowed from the future. "The anticipation of rising prices and of limited availability of some system configurations due to memory and other component shortages has led some end-users to make purchases earlier than anticipated," said Jean Philippe Bouchard, vice president of Devices and Consumers at IDC. "We're not seeing any relief to the memory shortage situation before the end of 2027, which means prices will continue to rise and PC manufacturers will struggle to maintain full product portfolios for the foreseeable future." The firm added that the momentum is carrying into the second quarter, but the remaining quarters are expected to deteriorate gradually and sharply. The Neo effect "The introduction of the MacBook Neo is putting real pressure on the entire PC ecosystem," said Jitesh Ubrani, research manager for IDC’s Consumer Devices Trackers. "We expect vendors to respond with a combination of new silicon, a more efficient OS from Microsoft, and aggressive promotional pricing. IDC noted that a notable wildcard is Apple’s MacBook Neo, which has driven stronger-than-expected notebook d...
Critics have called situation ‘ludicrous’ and ‘frustrating’ ‘Jofra may not play for England if handled differently’ Ben Stokes has defended England’s decision to excuse Jofra Archer from the start of the Test summer so he could compete in the Indian Premier League, saying a more militant approach risks a situation where “players like him might not play for England again”. On Wednesday Archer was s...
Critics have called situation ‘ludicrous’ and ‘frustrating’ ‘Jofra may not play for England if handled differently’ Ben Stokes has defended England’s decision to excuse Jofra Archer from the start of the Test summer so he could compete in the Indian Premier League, saying a more militant approach risks a situation where “players like him might not play for England again”. On Wednesday Archer was strongly criticised by the former New Zealand bowler Simon Doull, who described his absence as “absolutely ludicrous” and “completely wrong”. The former England batter Mark Butcher has previously said it was “absolutely ridiculous”, while Michael Atherton described it as “incredibly frustrating”. Continue reading...
Russia’s payouts to refiners in May were near the highest in more than two years, denting the nation’s oil and gas revenues even as the war in Iran helped to boost crude prices. The government paid 204.3 billion rubles ($2.8 billion) to oil processors last month, the Finance Ministry said Wednesday. That’s up almost fivefold from a year earlier and compares with 207.5 billion rubles in April, whic...
Russia’s payouts to refiners in May were near the highest in more than two years, denting the nation’s oil and gas revenues even as the war in Iran helped to boost crude prices. The government paid 204.3 billion rubles ($2.8 billion) to oil processors last month, the Finance Ministry said Wednesday. That’s up almost fivefold from a year earlier and compares with 207.5 billion rubles in April, which was the highest for a single month since December 2023. The payments, which partially compensate refiners for the difference in transport fuel prices in Russia and abroad, skyrocketed after a rally on global markets due to the Iran war. The subsidies are crucial for Russia’s fuelmakers, which have suffered a near-daily onslaught of Ukrainian drone attacks in the past few months. The strikes on refineries already pushed nation’s refining rates to the lowest in more than 16 years, boosting exports of crude, and forced the government to introduce a jet fuel export ban in addition to restrictions on gasoline. READ: Russia Bans Jet Fuel Exports After Record Refinery Attacks Without the multi-bullion ruble payouts, Russia’s budget would have reaped more from a surge in the price of Urals, nation’s key export crude blend. The Finance Ministry calculated May taxes based on the average price of $94.87 a barrel , more than a 73% jump from a year ago, as the Iran war disrupted petroleum supplies from the Persian Gulf through the Strait of Hormuz. The oil and gas industries contribute about a fifth of the Russian state’s total revenue. The country’s coffers remain under pressure from the rising cost of its full-scale invasion of Ukraine, with senior government officials having already warned President Vladimir Putin that expected spending on the war risks widening the budget deficit dangerously. Net budget proceeds from oil and gas production and sales rose by 32% from a year earlier to 678.9 billion rubles in May, according to Finance Ministry data. On a month-on-month basis, oil an...
STORY: :: Nvidia CEO Jensen Huang meets Taiwan partner Foxconn's chairman at the Computex tech show :: Taipei, Taiwan / June 3, 2026 Foxconn, Apple's top iPhone assembler, has been expanding beyond electronics into electric vehicles and AI data centers. It is now Nvidia's main maker of AI racks, which are server racks tailored for AI workloads that house chips, cables and other equipment, include ...
STORY: :: Nvidia CEO Jensen Huang meets Taiwan partner Foxconn's chairman at the Computex tech show :: Taipei, Taiwan / June 3, 2026 Foxconn, Apple's top iPhone assembler, has been expanding beyond electronics into electric vehicles and AI data centers. It is now Nvidia's main maker of AI racks, which are server racks tailored for AI workloads that house chips, cables and other equipment, include the latest Vera Rubin platform. Nvidia is ramping up production of its Vera Rubin platform, which combines the company’s Vera CPU and Rubin GPU architectures, making for “a very busy second half” for Taiwan’s supply chain, Huang told a press conference on Tuesday (June 2). While Computex has traditionally been a show for consumer devices, Nvidia has over the last few years made it more business-oriented with this year’s attention focus on its data center products, such as its new Vera Rubin AI computing platform and Vera central processing unit (CPU), as well as on its efforts in markets such as robotics and AI in manufacturing.
Andrey Semenov/iStock via Getty Images As the leader in broadband and with a “massive” wireline footprint, AT&T ( T ) is most at risk from satellite low-earth-orbit (LEO) constellations and is vulnerable to subscriber migration to more competitive rivals. This led Oppenheimer to downgrade the telecom giant to Perform from Outperform. “We are concerned the industry is underestimating the risk of sa...
Andrey Semenov/iStock via Getty Images As the leader in broadband and with a “massive” wireline footprint, AT&T ( T ) is most at risk from satellite low-earth-orbit (LEO) constellations and is vulnerable to subscriber migration to more competitive rivals. This led Oppenheimer to downgrade the telecom giant to Perform from Outperform. “We are concerned the industry is underestimating the risk of satellite as cable did with [fixed wireless access] and will treat it as a purely complementary service to mobile and a low-quality fixed broadband alternative reserved for the most remote markets,” said Oppenheimer’s Timothy Horan. Horan expects to see industry trends move away from fiber and fixed wireless access (FWA) and into satellite, with the latter expected to capture more than 2M subscribers per year to eventually capture 10% market share by 2030. Accordingly, pricing for services like Starlink ( SPCX ) is now on par with legacy broadband but will decline rapidly with V3 satellites having 10x the capacity, Horan adds. As the company lags peers in its ability to expand FWA access, Horan expects AT&T ( T ) will be a “heavy spender” at the upcoming AWS-3 auction. Horan also sees headwinds to AT&T’s ( T ) average revenue per user (ARPU) which will shift to driver of service revenue to volumes. Additionally, pressure on AT&T’s ( T ) ARPU will be amplified by stronger wireless competitors T-Mobile ( TMUS ) and Verizon ( VZ ), both of which have better cost structures than AT&T ( T ). The company most recently announced a new promotion offering bundled home internet and wireless internet for as little as $35 per month. Wall Street analysts and Seeking Alpha authors view AT&T ( T ) as a Buy while Seeking Alpha’s Quant rating sees the stock as a Hold with a Quant score of 3.42 out of 5, receiving high scores for profitability but a low score for growth. More on AT&T AT&T Remains Deeply Undervalued AT&T: 10+% Growing FCF Yield In An Expensive Market AT&T: Cash Flow Weakness Lo...
Hinde Group, in its Q1 partner letter, highlighted that the fund outperformed the S&P 500 during the first quarter. The fund also stated that it trimmed its position in Interactive Brokers Group ( IBKR ) during the quarter. The fund sold its shares of Waters ( WAT ), which it had received following the completion of Becton Dickinson’s Reverse Morris Trust transaction with Waters Corporation. Addit...
Hinde Group, in its Q1 partner letter, highlighted that the fund outperformed the S&P 500 during the first quarter. The fund also stated that it trimmed its position in Interactive Brokers Group ( IBKR ) during the quarter. The fund sold its shares of Waters ( WAT ), which it had received following the completion of Becton Dickinson’s Reverse Morris Trust transaction with Waters Corporation. Additionally, the fund exited its position in Sleep Number Corporation ( SNBR ). On the other hand, the fund increased its positions in Amazon ( AMZN ) and Netflix ( NFLX ). At the end of the quarter, its portfolio included seven long equity positions and cash. Source: Q1 partner letter More on Amazon, Netflix, etc. Amazon: The Stock Is Missing The AI Wave, But The Business Isn't Amazon Gets Paid Every Time Anthropic Grows Missing This Netflix Bottom Will Haunt Your Portfolio For Years (Upgrade) Palantir’s £330M NHS deal faces criticism from UK parliamentarians The 10 least attractive large-cap financial stocks in the U.S
CytomX Therapeutics ( CTMX ) traded higher in the morning hours on Wednesday after the cancer drug developer announced an expanded collaboration and licensing agreement with Regeneron Pharmaceuticals ( REGN ) valued up to $4B. Two companies initially teamed up in 2022 in a deal worth up to $2B to develop bispecific cancer therapies leveraging CytomX's Probody therapeutic platform and Regeneron's V...
CytomX Therapeutics ( CTMX ) traded higher in the morning hours on Wednesday after the cancer drug developer announced an expanded collaboration and licensing agreement with Regeneron Pharmaceuticals ( REGN ) valued up to $4B. Two companies initially teamed up in 2022 in a deal worth up to $2B to develop bispecific cancer therapies leveraging CytomX's Probody therapeutic platform and Regeneron's Veloci-Bi bispecific antibody development platform. As part of the expanded collaboration, CytomX ( CTMX ) will receive $37M for nominating two additional targets selected by Regeneron ( REGN ) for preclinical and clinical development and commercialization. Regeneron ( REGN ) will also receive an option to select up to six additional targets. The expanded collaboration could be worth up to $4B, including payments linked to target nomination, preclinical, clinical, regulatory, and commercial milestones, CytomX ( CTMX ) said. Additionally, the company will also be eligible to receive tiered royalties from Regeneron ( REGN ) based on potential global net sales of products covered under the deal. More on Regeneron Pharmaceuticals, CytomX CytomX Therapeutics: Cashed Up With Catalysts Ahead Regeneron: Time To Forget Fianlimab (Rating Upgrade) Regeneron Pharmaceuticals, Inc. (REGN) Presents at Bank of America Global Healthcare Conference 2026 Transcript Regeneron, Gilead therapies eyed as potential Ebola treatments by WHO Russell 3000 Shuffle: Ocugen, Nektar slated to join among healthcare stocks; Nano-X to drop off
We all have a tendency to take the game far too seriously – this seven-a-side tournament provided the perfect antidote As much as it is tempting to romanticise about Bill Shankly’s most famous quote, he was wrong. Football is not more serious than life and death, and over the years far too many of us seem to have taken the former Liverpool manager’s words a little too literally and stopped being a...
We all have a tendency to take the game far too seriously – this seven-a-side tournament provided the perfect antidote As much as it is tempting to romanticise about Bill Shankly’s most famous quote, he was wrong. Football is not more serious than life and death, and over the years far too many of us seem to have taken the former Liverpool manager’s words a little too literally and stopped being able to enjoy football for its primary purpose: fun. Whether it is clubs writing letters of complaint because a referee – a fallible human like all 8 billion of us – has made a mistake or the rage on social media that a pundit’s opinion might be skewed towards – shock – their former club, isn’t it time we chilled out a bit? Continue reading...