Key PointsGil Luria at DA Davidson says Alphabet TPUs could eventually capture 20% market share in AI infrastructure, making the custom chips a $900 billion business.
Key PointsGil Luria at DA Davidson says Alphabet TPUs could eventually capture 20% market share in AI infrastructure, making the custom chips a $900 billion business.
A 30-year-old woman has died and two other people remain in a critical condition following a suspicious fire at a flat in Hong Kong’s affluent Mid-Levels district, with police later uncovering drug-taking apparatus in a bedroom. The Hospital Authority confirmed on Sunday that the woman, who had been rushed to Ruttonjee Hospital in Wan Chai, was pronounced dead at 11.20pm on Saturday. A source said...
A 30-year-old woman has died and two other people remain in a critical condition following a suspicious fire at a flat in Hong Kong’s affluent Mid-Levels district, with police later uncovering drug-taking apparatus in a bedroom. The Hospital Authority confirmed on Sunday that the woman, who had been rushed to Ruttonjee Hospital in Wan Chai, was pronounced dead at 11.20pm on Saturday. A source said the 30-year-old, a mainland Chinese woman holding a two-way permit, had sustained extensive burns...
Google and several social media companies agreed to a multimillion dollar settlement with a U.S. school district over claims that their platforms contributed to a student mental health crisis. Separately, an Indian court ruled that Google was liable for trademark infringement related to keyword advertising, directly affecting its core ads business in that market. For Alphabet (NasdaqGS:GOOGL), the...
Google and several social media companies agreed to a multimillion dollar settlement with a U.S. school district over claims that their platforms contributed to a student mental health crisis. Separately, an Indian court ruled that Google was liable for trademark infringement related to keyword advertising, directly affecting its core ads business in that market. For Alphabet (NasdaqGS:GOOGL), these developments sit at the heart of its largest businesses, search and digital advertising, and...
Budget carrier HK Express has cancelled six flights operating between Hong Kong and Okinawa on Monday and Tuesday as Typhoon Jangmi approaches Japan’s southernmost islands. The airline said in an updated announcement on Saturday afternoon that special ticket arrangements for typhoon-affected flights were in place. “We have notified all affected passengers of the flight changes and are providing th...
Budget carrier HK Express has cancelled six flights operating between Hong Kong and Okinawa on Monday and Tuesday as Typhoon Jangmi approaches Japan’s southernmost islands. The airline said in an updated announcement on Saturday afternoon that special ticket arrangements for typhoon-affected flights were in place. “We have notified all affected passengers of the flight changes and are providing the necessary help to enable them to make alternative travel arrangements in advance,” the airline...
Micron Technology (NASDAQ: MU) has been around for nearly 50 years, but these days, this tech giant is experiencing growth you might generally expect from an exciting start-up. This is thanks to the artificial intelligence (AI) boom, which has supercharged demand for the company's memory and storage offerings and translated into significant revenue growth. As a result, investors have rushed to get...
Micron Technology (NASDAQ: MU) has been around for nearly 50 years, but these days, this tech giant is experiencing growth you might generally expect from an exciting start-up. This is thanks to the artificial intelligence (AI) boom, which has supercharged demand for the company's memory and storage offerings and translated into significant revenue growth. As a result, investors have rushed to get in on the stock, pushing the company's market value to new highs. In fact, Micron just recently entered the trillion-dollar club, meaning its market value reached $1 trillion. It joins a handful of other tech giants, including well-known names like Amazon , Microsoft , and Nvidia -- the world's biggest company with a market value of more than $5 trillion. Now you may be wondering: After Micron's latest gain, is it too late to buy the stock? Let's find out. Continue reading
Interior minister says rioting took place in about 15 cities in France, with almost 300 people detained in Paris French police detained more than 400 people involved in violent clashes in Paris and other French cities that erupted on Saturday night after Paris Saint-Germain defeated Arsenal to win the Champions League title . Seven officers were injured as football fans set off fires and vandalise...
Interior minister says rioting took place in about 15 cities in France, with almost 300 people detained in Paris French police detained more than 400 people involved in violent clashes in Paris and other French cities that erupted on Saturday night after Paris Saint-Germain defeated Arsenal to win the Champions League title . Seven officers were injured as football fans set off fires and vandalised shops, the interior minister, Laurent Nuñez, said, describing the violence as “absolutely unacceptable”. One small group even tried to storm a Paris police station. Continue reading...
The photographer loved to record the small details of life, so it was only fitting that his family should organise a send-off inspired by his work. ‘Funerals can be really beautiful,’ says the person tasked with recording the event Funerals are conventionally designed to smooth a person into graceful solemnity, carefully editing out the unsavoury bits of a life. But Martin Parr spent more than hal...
The photographer loved to record the small details of life, so it was only fitting that his family should organise a send-off inspired by his work. ‘Funerals can be really beautiful,’ says the person tasked with recording the event Funerals are conventionally designed to smooth a person into graceful solemnity, carefully editing out the unsavoury bits of a life. But Martin Parr spent more than half a century sending up the idiosyncratic and the awkward, in a way that was sometimes unflattering, mischievous, and always unflinching. So his own funeral was never going to be a typical farewell. At the ceremony at the chapel in Woodlands Memorial Garden near Bristol, people who had known Parr throughout his life spoke, and Parr’s favourite music played – guests arrived to Astrud Gilberto, João Gilberto and Stan Getz’s The Girl from Ipanema. Parr had recently photographed the original girl from Ipanema, Helô Pinheiro, who is now 82. With the help of the staff at the Martin Parr Foundation, the family organised the ultimate Martin Parr send-off after the ceremony: a colourful country fete-themed celebration decked out with bunting, with clingfilm-wrapped sandwiches, cupcakes with sad faces on, a collection of teapots with natty tea cosies, and a tombola of unwanted Christmas gifts – in memory of the annual auction the Parrs used to put on. (The proceeds went to food poverty charity the Trussell Trust.) The Art of Dining, a collaborative duo creating interactive dining experiences formed of Parr’s chef daughter Ellen and set designer Alice Hodge, recreated the food from many of the late photographer’s most famous images. Continue reading...
Andy Burnham and the Reform candidate lead the polls, but issues such as flooding and the state of the high street are main concerns locally The roads that connect the collection of towns and villages that make up this constituency in England are studded with turquoise banners declaring: “Makerfield needs Reform.” Once at the heart of Wigan’s coal-mining industry, and represented by a Labour MP co...
Andy Burnham and the Reform candidate lead the polls, but issues such as flooding and the state of the high street are main concerns locally The roads that connect the collection of towns and villages that make up this constituency in England are studded with turquoise banners declaring: “Makerfield needs Reform.” Once at the heart of Wigan’s coal-mining industry, and represented by a Labour MP continuously since the 1900s, Farage’s party has gained a foothold here, and with any other Labour candidate installed, this parliamentary seat would almost certainly fall to Reform. Continue reading...
Open-weight AI models with advanced capabilities and no safeguards are becoming much more accessible. While they can be useful, AI safety experts have concerns. (Image credit: Patrick Lux)
Open-weight AI models with advanced capabilities and no safeguards are becoming much more accessible. While they can be useful, AI safety experts have concerns. (Image credit: Patrick Lux)
Reality shows are an escape with characters who can be larger than life. But some stars use the experience of fame as a stepping stone toward another challenge: running for political office. (Image credit: Luke Gulbranson for Congress)
Reality shows are an escape with characters who can be larger than life. But some stars use the experience of fame as a stepping stone toward another challenge: running for political office. (Image credit: Luke Gulbranson for Congress)
CapitaLand Investment Ltd . said its workforce in China plunged by about 10%, or 365 people, last year as the asset manager continues to grapple with a major real estate crisis in Asia’s largest economy. The Singapore-listed company’s overall headcount shrunk to 9,542 in 2025, according to a global sustainability report it published late Saturday, down from 10,158 a year prior. That marks the firs...
CapitaLand Investment Ltd . said its workforce in China plunged by about 10%, or 365 people, last year as the asset manager continues to grapple with a major real estate crisis in Asia’s largest economy. The Singapore-listed company’s overall headcount shrunk to 9,542 in 2025, according to a global sustainability report it published late Saturday, down from 10,158 a year prior. That marks the first drop in its global employee count since 2022. China remains the country with the largest portion of the firm’s workforce, but its share of the total fell to 33% from 35% in 2024. The property-focused manager, majority owned by Singapore state investor Temasek Holdings Pte , is grappling with a years-long property downturn in China that continues to afflict its sizable portfolio there. CapitaLand Investment’s headcount in its Singapore base also saw a reduction, though the proportion stayed unchanged at 24% of global employees. India, a market where the company is expanding, bucked the trend with its proportion of global staff rising to 6% from 5% in 2024. The company incurred a fair value loss of S$545 million ($427 million) in China last year and continued to see rents under pressure across its assets there in the first quarter , ranging from offices and retail malls to business parks. It has tried to adopt what it calls a “China-for-China” strategy that involves wooing local investors and listing local real estate investment trusts. Nearly S$23 billion of the S$50 billion of assets it manages under its private funds are in China. CapitaLand Investment’s turnover rate jumped to 24% last year from 21% in 2024, though it said it hasn’t conducted major layoffs. Bloomberg News earlier reported it is in merger discussions with Mapletree Investments Pte , another property manager owned by Temasek, which could lead to a sizable combination including a carve-out of its China assets.
mouu007/iStock via Getty Images Key takeaways 1 Volatility resurfaced amid geopolitical and macro uncertainty Markets began 2026 with strong momentum, but risk appetites appeared to deteriorate as the Iran conflict, rising energy prices, government shutdown disruptions and AI valuation concerns sparked volatility and weighed on equities. 2 Growth underperformed value in this environment Energy sec...
mouu007/iStock via Getty Images Key takeaways 1 Volatility resurfaced amid geopolitical and macro uncertainty Markets began 2026 with strong momentum, but risk appetites appeared to deteriorate as the Iran conflict, rising energy prices, government shutdown disruptions and AI valuation concerns sparked volatility and weighed on equities. 2 Growth underperformed value in this environment Energy sector equities were a key beneficiary of the conflict, causing value to outperform growth for the quarter. Though these headwinds affected the fund during the quarter, it outperformed its benchmark. 3 We believe active management remains important in this environment We expect earnings outcomes to diverge across companies, underscoring the value of active, fundamentals-driven stock selection in capturing long-term growth opportunities. Investment objective The fund seeks long-term growth of capital. Fund facts Fund AUM ($M) 3,119.04 Click to enlarge Portfolio managers Ido Cohen, Ronald Zibelli Manager perspective and outlook Equities started the year on firm footing as earnings remained generally solid and market leadership had broadened beyond mega cap growth stocks. However, volatility increased in late February and March as the conflict in Iran, rising energy prices and ongoing concerns about artificial intelligence (AI) disruption appeared to weigh on investors' risk appetites. We are closely monitoring the US/Israel-Iran conflict and have taken targeted steps to reduce the fund's consumer cyclical exposure. We have also added defensive stocks while remaining aligned with our long-term themes. In 2026, the AI cycle appears to be moving from infrastructure build-out to revenue-driven proof of concept. We believe this shift expands opportunities beyond early infrastructure leaders as businesses accelerate adoption and consumer tools mature. Semiconductor results confirm in our view strong demand for AI infrastructure, while rapid model innovation highlights the pace of adva...