At Cisco Live 2026, ZPE Systems (a brand of Legrand) today announced the Nodegrid Net Services Router™ 2U (NSR 2U), a modular, next-generation x86 platform that consolidates routing, network services, and out-of-band (OOB) management into a single, centrally managed system for distributed and edge environments.
At Cisco Live 2026, ZPE Systems (a brand of Legrand) today announced the Nodegrid Net Services Router™ 2U (NSR 2U), a modular, next-generation x86 platform that consolidates routing, network services, and out-of-band (OOB) management into a single, centrally managed system for distributed and edge environments.
Like many nearing retirement age, I find myself concerned about finances. My primary fear is this: What happens if inflation rises at an unprecedented rate and the market crashes, cutting our portfolio in half? However, that's where a book I read years ago by motivational speaker Dale Carnegie comes into play. It's called, How to Stop Worrying and Start Living . Although the book was first publish...
Like many nearing retirement age, I find myself concerned about finances. My primary fear is this: What happens if inflation rises at an unprecedented rate and the market crashes, cutting our portfolio in half? However, that's where a book I read years ago by motivational speaker Dale Carnegie comes into play. It's called, How to Stop Worrying and Start Living . Although the book was first published in 1948, portions still resonate. For example, Carnegie suggested a three-step plan for dealing with stress. Image source: Getty Images. Continue reading
Micron Technology’s share price surpassed USD 1,000, and together with SanDisk and three other industry giants, all reached record highs! JPMorgan: This memory supercycle will be 'higher and longer.' 富途牛牛
Micron Technology’s share price surpassed USD 1,000, and together with SanDisk and three other industry giants, all reached record highs! JPMorgan: This memory supercycle will be 'higher and longer.' 富途牛牛
PhonlamaiPhoto/iStock via Getty Images I've added ASML ( ASML ) into my portfolio during the period of 2022-2024, when the shares were pressured by higher interest rates and lackluster demand for build-out of a new semiconductor production capacity. Especially, end-2024 and 2025 proved to be a very volatile period, driven by the earnings leak, China export controls and ASML's inability to confirm ...
PhonlamaiPhoto/iStock via Getty Images I've added ASML ( ASML ) into my portfolio during the period of 2022-2024, when the shares were pressured by higher interest rates and lackluster demand for build-out of a new semiconductor production capacity. Especially, end-2024 and 2025 proved to be a very volatile period, driven by the earnings leak, China export controls and ASML's inability to confirm growth, calling both 2024 and 2025 "transitory years". In April 2025, the stock dropped as low as €570/share, and I published an article titled : ASML: €570/Share Is As Cheap As It Gets--I'm Buying Q1 Earnings Dip. Naturally, it received a good degree of skepticism, with fellow investors arguing the stock could drop further. That's fair commentary, yet I doubled down on my position and made ASML my 2nd largest holding. The stock is up 152% since - a result worth celebrating in a span of 13 months. ASML's outlook has improved meaningfully since my last coverage, as demand for AI infrastructure continued to balloon and the supply of AI Chips, memory and CPU remains constrained, with multiple chipmakers committing to expanding their production capacity to capitalize on the sky-high prices. Commitment to new semiconductor production capacity is the single-largest driver of ASML's growth and could serve as a multi-year tailwind. But, before you put on the pink glasses, don't forget ASML's business is highly cyclical. Let's revisit ASML's business and valuation. Data by YCharts ASML's Cyclicality ASML's business is very cyclical. As ASML doesn't sell their own chips, but DUV and EUV machines used for chip production, the boom-and-bust cycle is driven by the appetite of firms like TSMC ( TSM ), Intel ( INTC ) or Samsung ( SSNLF ) to invest in new manufacturing capacity. We've seen this in 2020-2021 when demand for chips was very high, every chipmaker was expanding their production capacity to satisfy the demand and capitalize on the sky-high prices. In 2022, as interest rates rose...
sankai/iStock via Getty Images Automatic Data Processing Inc. ( ADP ) is a US-based global technology company providing cloud-based enterprise human resources management software and services. Founded in 1949, ADP is now a $90 billion (by market cap) HR titan that employs nearly 70,000 people. ADP does business in more than 180 countries worldwide. The company reports results across two segments: ...
sankai/iStock via Getty Images Automatic Data Processing Inc. ( ADP ) is a US-based global technology company providing cloud-based enterprise human resources management software and services. Founded in 1949, ADP is now a $90 billion (by market cap) HR titan that employs nearly 70,000 people. ADP does business in more than 180 countries worldwide. The company reports results across two segments: Employer Services, 67% of FY 2025 revenue; and Professional Employer Organization Services, 33%. Employer Services, which accounts for about two-thirds of the company, is where ADP does its bread and butter by providing a comprehensive range of cloud-based HR solutions such as payroll, human resources, benefits administration, attendance, tax filing, and reporting services. Payroll is where all the magic happens, setting up the company with key advantages. Payroll processing requires specialized software that, once installed, becomes very “sticky” by being fully integrated within an employer’s ERP. This stickiness creates a high degree of visible, recurring revenue for ADP (with client retention close to 100%). Although payroll is a small portion of an enterprise’s overall operating expenses, it’s vital to functionality, further cementing ADP’s role within any company’s ERP. And since ADP is the biggest company in this space, it uses its capabilities, scale, and reputation for precision and excellence to gain and retain clients. While there are fears that AI will displace the likes of ADP, this seems highly unlikely considering how vital accurate payroll servicing is compared to the low costs of providing it. But wait. There’s more. During payroll processing, ADP holds onto client deposits until such time that employees are actually paid. The time delay between ADP collecting deposits and employees taking their money gives the company a short-term, cost-effective source of capital that ADP can earn a return from. This “float” is in addition to what it earns from the core bu...
Moderna Snags $50 Million Ebola Vax Contract Moderna is receiving up to $50 million to accelerate the development of an Ebola vaccine, as the virus continues to spread in the eastern Democratic Republic of Congo. The funding is coming from global health organization CEPI, which told Reuters that it was possible to bring the vaccines to trial phase within a couple of months. CEPI said it would als...
Moderna Snags $50 Million Ebola Vax Contract Moderna is receiving up to $50 million to accelerate the development of an Ebola vaccine, as the virus continues to spread in the eastern Democratic Republic of Congo. The funding is coming from global health organization CEPI, which told Reuters that it was possible to bring the vaccines to trial phase within a couple of months. CEPI said it would also invest up to $8.6 million for a shot developed by the University of Oxford and manufactured by the Serum Institute of India, and an initial $3.2 million for a vaccine developed by the International AIDS Vaccine Initiative . - Reuters "Every day counts in the race against this deadly disease," said Richard Hatchett, head of CEPI, adding that the vaccines are on "a not infinitely distant horizon." That said, Hatchett also cautioned that vaccine development can be unpredictable, plus there's a 'challenging security situation' in eastern Congo that might make trials complex - which, includes (most recently) locals setting fire to an Ebola treatment center after they were stopped from retrieving the body of a dead man. The crowd set fire to two tents fitted with eight beds run by a medical charity called The Alliance for International Medical Action (ALIMA), said Deputy Senior Commissioner Jean-Claude Mukendi, head of the public security department in Ituri Province. Mukendi said the youths had not understood the protocols for burying a suspected Ebola victim. “His family, friends, and other young people wanted to take his body home for a funeral even though the instructions from the authorities during this Ebola virus outbreak are clear,” Mukendi said. “All bodies must be buried according to the regulations.” So far there have been 282 confirmed cases and 42 deaths in the recent outbreak, and around 1,100 suspected cases, according to the African CDC and the World Health Organization. Beyond the DRC, nine cases have been confirmed in Uganda, including one death. Two weeks to ...
The build-out for artificial intelligence will be inflationary in the early going, preventing new Federal Reserve Chair Kevin Warsh from cutting interest rates as quickly as he has suggested should be possible, according to Torsten Slok of Apollo Global Management Inc. “We’ll probably have to wait a little while for that because initially the AI boom will certainly be inflationary,” Slok, Apollo’s...
The build-out for artificial intelligence will be inflationary in the early going, preventing new Federal Reserve Chair Kevin Warsh from cutting interest rates as quickly as he has suggested should be possible, according to Torsten Slok of Apollo Global Management Inc. “We’ll probably have to wait a little while for that because initially the AI boom will certainly be inflationary,” Slok, Apollo’s chief economist, said Monday on Bloomberg Television’s Surveillance . The risk of price pressure is “very clear when you look at semiconductor prices, when you look at energy prices, when you look at labor.” Slok’s assessment hit on one of the underlying tensions of the AI boom: For all of the promises of economic gains touted by boosters, the technology’s fallout is so sweeping that it touches on everything from labor markets to monetary policy. While Slok said fears about job losses were overblown, the surge of capital to support AI infrastructure is massive. The biggest US tech firms have said they plan to spend as much as $725 billion this year on capital expenditures, primarily on AI data center equipment. Warsh has previously argued that expected productivity gains brought about by AI should clear a path for easier monetary policy. His predecessor Jerome Powell faced withering criticism from President Donald Trump for not cutting rates quickly enough or as deeply as he demanded. But in the initial phase, Slok said, “we should actually expect the AI data-center buildout to be inflationary rather than disinflationary.” Inflation has remained stubbornly above the Fed’s 2% target, with the personal consumption expenditures price index hitting 3.8% in April, the highest since 2023 . Warsh will preside over his first decision at the Federal Open Market Committee’s June 16-17 policy meeting. Traders currently see about an 80% chance the FOMC will hike rates this year as construction to support AI’s growth pushes up costs for everything from chips to power. The lagging effec...
(RTTNews) - Norfolk Southern Corporation (NSC), the rail transportation company, Monday announced that it has promoted its head of mechanical department, Brian Barr, as its Chief Operating Officer, effective June 1.
(RTTNews) - Norfolk Southern Corporation (NSC), the rail transportation company, Monday announced that it has promoted its head of mechanical department, Brian Barr, as its Chief Operating Officer, effective June 1.
General Dynamics Corp. will invest $200 million of its own money and unwind a partnership with Turkish defense contractor Repkon in a bid to finally start producing 155mm artillery shells at a Texas plant that’s been beset by delays, people familiar with the matter said. The revamp is an effort to resuscitate a project that was heralded, when it was announced in 2023, as a cornerstone of the Penta...
General Dynamics Corp. will invest $200 million of its own money and unwind a partnership with Turkish defense contractor Repkon in a bid to finally start producing 155mm artillery shells at a Texas plant that’s been beset by delays, people familiar with the matter said. The revamp is an effort to resuscitate a project that was heralded, when it was announced in 2023, as a cornerstone of the Pentagon’s plan to boost production of munitions sapped by the war in Ukraine. Instead, the Mesquite, Texas-based factory has joined a long list of US defense programs that have failed to meet the lofty goals set out for them. Munitions manufacturing equipment provided by Repkon had failed to meet required standards and will be replaced by hardware and management from Deterrence Defense, a privately-held company based in Fremont, Calif., according to the people, who asked not to be identified discussing private deliberations. General Dynamics and the US Army “have reached an agreement on a path forward,” which includes additional investment, the company said in a statement without disclosing the amount. That additional investment from the company would be $200 million, the people familiar with the matter said. That’s on top of the $591 million contract the US Army signed with General Dynamics for the plant, which was envisioned to have three lines making 30,000 155mm shells a month. Then-US Ambassador to Turkey Jeff Flake attended the factory’s May 2024 opening and called the decision to use Repkon’s manufacturing equipment an example of better cooperation between the two countries. But in August 2025, the Army imposed a work stoppage on the plant that was only lifted eight months later. An Army letter to General Dynamics in June 2025 said the equipment at the site didn’t meet the “technical requirements of the contract,” Breaking Defense reported at the time. The Army has declined to discuss the plant’s troubles, only stating that an agreement was reached. Army acquisition chie...
Frank Brennan The US FDA has accepted an sNDA and granted Priority Review to Bristol Myers Squibb's Camzyos (mavacamten) for symptomatic obstructive hypertrophic cardiomyopathy in adolescents. If approved, the treatment would be the first cardiac myosin inhibitor for the condition, a cardiac disorder leading to morbidity due to reduced exertional tolerance, in adolescents. The application is suppo...
Frank Brennan The US FDA has accepted an sNDA and granted Priority Review to Bristol Myers Squibb's Camzyos (mavacamten) for symptomatic obstructive hypertrophic cardiomyopathy in adolescents. If approved, the treatment would be the first cardiac myosin inhibitor for the condition, a cardiac disorder leading to morbidity due to reduced exertional tolerance, in adolescents. The application is supported by data from the p hase 3 SCOUT-HCM trial that met its primary endpoint—a statistically significant reduction from baseline in Valsalva left ventricular outflow tract (LVOT) gradient at week 28 in the Camzyos group compared to placebo. More on Bristol Myers Squibb Bristol-Myers Squibb Is Quietly Building Its Next Growth Cycle Bristol-Myers Squibb Company (BMY) Presents at Bank of America Global Healthcare Conference 2026 Transcript Bristol-Myers Squibb: The CAR-T Giant The Market Is Undervaluing Bristol-Myers multiple myeloma data boost C4 Bristol Myers multiple myeloma drug improves survival by 50% in late-stage study
Roman Tiraspolsky Intel ( INTC ) plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia ( NVDA ) and AMD ( AMD ), the Financial Times reported. The new graphics processing unit is dubbed "Crescent Island," which will initially be available in limited quantities.It is aimed at AI inference tasks, the stage at which trained m...
Roman Tiraspolsky Intel ( INTC ) plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia ( NVDA ) and AMD ( AMD ), the Financial Times reported. The new graphics processing unit is dubbed "Crescent Island," which will initially be available in limited quantities.It is aimed at AI inference tasks, the stage at which trained models generate responses to user requests rather than the training of models the report said, citing Kevork Kechichian, head of Intel's data center group. Unlike Nvidia's Blackwell chips that rely on high-bandwidth memory, or HBM, Crescent Island will use lower-cost LPDDR5 memory and air cooling. “We decided to start rebuilding our muscles in AI . . . [but] we are not particularly aiming for [the training market] based on past experience,” Kechichian told FT. Intel is also assessing whether versions of the chip could be sold in China while complying with U.S. export restrictions, according to the report.“There are tiers of [the chip] that might be OK there . . . and we’ll confirm that over time: clearly there is demand for that particular price point in that particular market,” Kechichian said. The chip was developed over an 18-month period and represents Intel's first major push into the AI infrastructure market under Chief Executive Lip-Bu Tan, who took over last year following the departure of former CEO Pat Gelsinger. Stock, which has gained +191% so far this year, was down -5% in Monday premarket trading after Nvidia said it was entering the PC market with a new product. More on Intel Intel: The AI Trade Is Shifting To CPUs Now Intel Corporation (INTC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript AMD Vs. Intel: The AI CPU Trade Still Favors AMD - But Hedged Nvidia's PC push lifts PC maker, Arm; pressures Qualcomm, Intel, AMD Nvidia's Vera CPUs, Intel's Wildcat Lake to be the focus at COMPUTEX: GF Securities
Roman Tiraspolsky Intel ( INTC ) plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia ( NVDA ) and AMD ( AMD ), the Financial Times reported. The new graphics processing unit is dubbed "Crescent Island," which will initially be available in limited quantities.It is aimed at AI inference tasks, the stage at which trained m...
Roman Tiraspolsky Intel ( INTC ) plans to ship an AI chip by the end of this year that uses cheaper memory and cooling technology than rival offerings from Nvidia ( NVDA ) and AMD ( AMD ), the Financial Times reported. The new graphics processing unit is dubbed "Crescent Island," which will initially be available in limited quantities.It is aimed at AI inference tasks, the stage at which trained models generate responses to user requests rather than the training of models the report said, citing Kevork Kechichian, head of Intel's data center group. Unlike Nvidia's Blackwell chips that rely on high-bandwidth memory, or HBM, Crescent Island will use lower-cost LPDDR5 memory and air cooling. “We decided to start rebuilding our muscles in AI . . . [but] we are not particularly aiming for [the training market] based on past experience,” Kechichian told FT. Intel is also assessing whether versions of the chip could be sold in China while complying with U.S. export restrictions, according to the report.“There are tiers of [the chip] that might be OK there . . . and we’ll confirm that over time: clearly there is demand for that particular price point in that particular market,” Kechichian said. The chip was developed over an 18-month period and represents Intel's first major push into the AI infrastructure market under Chief Executive Lip-Bu Tan, who took over last year following the departure of former CEO Pat Gelsinger. Stock, which has gained +191% so far this year, was down -5% in Monday premarket trading after Nvidia said it was entering the PC market with a new product. More on Intel Intel: The AI Trade Is Shifting To CPUs Now Intel Corporation (INTC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript AMD Vs. Intel: The AI CPU Trade Still Favors AMD - But Hedged Nvidia's PC push lifts PC maker, Arm; pressures Qualcomm, Intel, AMD Nvidia's Vera CPUs, Intel's Wildcat Lake to be the focus at COMPUTEX: GF Securities
Aditxt ( ADTX ) announced on Monday the appointment of Jeffrey M. Busch as interim chief executive officer of Aditxt, effective May 31, 2026. Busch , who has served as chief executive officer of Aditxt's CLIA-certified precision oncology diagnostics subsidiary Ignite Proteomics since March 2026, will now lead the full Aditxt enterprise as it executes an accelerated commercialization strategy cente...
Aditxt ( ADTX ) announced on Monday the appointment of Jeffrey M. Busch as interim chief executive officer of Aditxt, effective May 31, 2026. Busch , who has served as chief executive officer of Aditxt's CLIA-certified precision oncology diagnostics subsidiary Ignite Proteomics since March 2026, will now lead the full Aditxt enterprise as it executes an accelerated commercialization strategy centered on Ignite's precision oncology diagnostics platform, the company said, adding that Busch simultaneously continues in his role as CEO of Ignite. Busch is the founder, chairman, and former chief executive officer of Global Medical REIT, now Chiron Real Estate (NYSE: XRN), an NYSE-listed net-lease healthcare real estate investment trust, Earlier in his career, Busch served as a congressional aide before being appointed by two United States presidents to serve in their administrations, including as a United States delegate United States Delegate to the United Nations in Geneva . He has served as president of the Safe Blood International Foundation since 2001. Source: press release More on Aditxt, Inc. Historical earnings data for Aditxt, Inc. Financial information for Aditxt, Inc.
In this article BTC.CM= MSTR Follow your favorite stocks CREATE FREE ACCOUNT Michael Saylor, Chairman & CEO, MicroStrategy, pauses as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Michael Saylor's Strategy sold bitcoin last week for the second time ever as geopolitical uncertainty continues to weigh on t...
In this article BTC.CM= MSTR Follow your favorite stocks CREATE FREE ACCOUNT Michael Saylor, Chairman & CEO, MicroStrategy, pauses as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Michael Saylor's Strategy sold bitcoin last week for the second time ever as geopolitical uncertainty continues to weigh on the bitcoin price and crypto market broadly. Between May 26 and May 31, Strategy sold 32 coins for $2.5 million, and at an average of $77,135 per coin, according to a Monday filing . The company also sold 801,994 shares of common stock, raising $128.3 million, in the same period. Shares fell more than 6% in premarket trading. Bitcoin fell 2% on the news to its lowest level since April 13. This is the second time Strategy has ever sold bitcoin and comes soon after the company announced a pivot from Saylor's longstanding "never sell" strategy in favor of actively managing its balance sheet. That includes potentially selling bitcoin if it improves bitcoin-per-share metrics, pays dividends, or strengthens the company's financial position. "We want to be net aggregators of bitcoin – increasing our total bitcoin, but more importantly, increasing our bitcoin per share because we think that is what is going to be most accretive long term for MSTR," Strategy CEO Phong Le said on the company's earnings call in early May. A big part of the company's new focus is STRC, a yield-paying security issued by Strategy that lets investors earn income backed by the company's bitcoin-heavy balance sheet instead of buying bitcoin directly. The aim is to turn its bitcoin holdings into a credit engine, where investor demand for income products allows Strategy to grow its bitcoin stack faster than simply buying and holding. watch now VIDEO 9:23 09:23 Strategy's Michael Saylor: We expect bitcoin to go up more than the S&P 500 over time Squawk Box The last time Strategy sold bitcoin was in December 202...
Microsoft gains 13% in 3 months as AI demand drives record results, but surging capex, margin pressure and valuation concerns cloud the near-term outlook.
Microsoft gains 13% in 3 months as AI demand drives record results, but surging capex, margin pressure and valuation concerns cloud the near-term outlook.
Investors are entering a historically weak period for the market after last month's strong performance. Their troubles may not stop there. On top of June ranking as the fourth-worst month on average for the S & P 500, per Stock Trader's Almanac data, BTIG pointed out that high-beta momentum stocks have gained 42% over the past nine weeks to record levels. That sort of strength has only been seen t...
Investors are entering a historically weak period for the market after last month's strong performance. Their troubles may not stop there. On top of June ranking as the fourth-worst month on average for the S & P 500, per Stock Trader's Almanac data, BTIG pointed out that high-beta momentum stocks have gained 42% over the past nine weeks to record levels. That sort of strength has only been seen two other times: November 1999 and January 2021. High-beta stocks are those that are generally more volatile than the broader market. "To be fair, from Nov. '99 into the final peak in March '00, high-beta momentum gained another 90%, and from Jan. '21 into the Feb. '21 peak it gained another 26%. However, all of those gains were quickly given back in the ensuing months," chief market technician Jonathan Krinsky wrote to clients. "We would caution chasing further strength high-beta momentum into June," he added. High-beta momentum stocks aren't the only ones soaring of late. The S & P 500 climbed 5% in May, topping 7,500 for the first time, as investors grew bullish on the artificial intelligence trade and began pricing in a resolution to the U.S.-Iran war. Tech led those gains , with the sector surging 15.9% while Nvidia popped 5.8% and Advanced Micro Devices rallied 45.6%. Seasonal headwinds, however, could at least pause the broader market's run. The S & P 500 averages a pedestrian 0.2% advance in June, Almanac data shows. In midterm election years, it performs even worse — losing 2.1% on average. Krinsky also pointed out that long/short momentum has fallen in six of the past nine Junes. "While much of the June weakness is due to strength in low momentum rather than weakness in high-mo, the extreme nature of high-mo continues to suggest caution especially when we have the VIX at 15, and divergences popping up," he wrote.
Fauzi Muda/iStock via Getty Images Upstart ( UPST ) has received the distinction of being one of the most shorted names in consumer finance at the moment. When a company finds itself in that category, it is usually for one of two reasons: The business model of the company is truly broken, and the stock will likely fall further. The shorts have bought into a false narrative about the company and ha...
Fauzi Muda/iStock via Getty Images Upstart ( UPST ) has received the distinction of being one of the most shorted names in consumer finance at the moment. When a company finds itself in that category, it is usually for one of two reasons: The business model of the company is truly broken, and the stock will likely fall further. The shorts have bought into a false narrative about the company and have piled in to try to profit from that story. When it comes to Upstart's position in the market today, I believe that it is being so heavily shorted because of reason #2, and I believe that all reasonable investors should consider this possibility. With this in mind, let's take a look at why I think Upstart has become the name that Wall Street loves to hate, and why I believe that sentiment is severely overblown. Upstart is Already Building (and Profiting From) AI Lending Infrastructure Bears will want to argue that Upstart survives and thrives based on consumer borrowing and repayment cycles. They say that if the economy weakens, then a significant number of consumers will default, and there will be nothing that Upstart can do but stand by and watch as its profits crater. It's a harrowing story, but it is also a narrative that is stuck in the past. Upstart isn't simply standing in place. Instead, the company has been a leader in creating AI underwriting platforms that make lending both easier and more profitable for the company. They state : Upstart pioneered the application of artificial intelligence to lending, enabling a system that is dramatically more efficient and more accurate for both borrowers and lenders. Rapid developments in AI foreshadow a world where the right borrower is automatically approved at the right price, instantly and effortlessly. This is not just company fluff either. Management made it clear during the Q1 2026 earnings call that the companies that win the AI race will be the ones that thrive: For lenders, AI will transform credit from a structura...