Carolina Parada, VP and Head of Robotics at Google Deepmind, says “embodied intelligence is the next frontier of artificial intelligence.” She is focused on pushing the boundaries of robots’ ability to perform highly dexterous tasks, such as folding origami or packing a lunch box. Parada also discusses the development and research direction of Gemini Robotics. She speaks with Shery Ahn on the side...
Carolina Parada, VP and Head of Robotics at Google Deepmind, says “embodied intelligence is the next frontier of artificial intelligence.” She is focused on pushing the boundaries of robots’ ability to perform highly dexterous tasks, such as folding origami or packing a lunch box. Parada also discusses the development and research direction of Gemini Robotics. She speaks with Shery Ahn on the sidelines of the Tokyo Humanoids Summit on "Bloomberg Tech Asia". (Source: Bloomberg)
What Happened? Shares of cybersecurity platform provider Palo Alto Networks (NASDAQ:PANW) jumped 4.1% in the afternoon session after the company announced a strategic cybersecurity partnership with NATO and received favorable analyst sentiment, including a price target increase. The non-commercial partnership, which also includes Microsoft and ESET, was announced on May 27 and focuses on sharing t...
What Happened? Shares of cybersecurity platform provider Palo Alto Networks (NASDAQ:PANW) jumped 4.1% in the afternoon session after the company announced a strategic cybersecurity partnership with NATO and received favorable analyst sentiment, including a price target increase. The non-commercial partnership, which also includes Microsoft and ESET, was announced on May 27 and focuses on sharing threat intelligence and coordinating cyber defense activities. Adding to the positive news, Benchmark maintained its 'Buy' rating and increased its price target, citing a strong cybersecurity environment and increasing demand driven by AI adoption. The sector also received a boost from a new White House directive ordering federal agencies to adopt AI-enhanced detection to counter cyber threats, reinforcing the need for advanced security solutions. After the initial pop, the shares cooled down to $257.73, up 3.7% from the previous close. Is now the time to buy Palo Alto Networks? Access our full analysis report here, it’s free. What Is The Market Telling Us Palo Alto Networks’s shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 1 day ago when the stock dropped 2.9% on the news that peer, Zscaler, reported fiscal Q3 2026 earnings the prior evening, which featured a top-and-bottom-line beat but clouded by rising memory, storage, and processor costs, as well as turnover in its sales department. The sector had been on a record-breaking run with eight consecutive intraday highs at CRWD, so the earnings results landed against stretched positioning. The quarter itself was strong: revenue grew 25% to $850.5 million, adjusted EPS of $1.08 beat consensus by 7%, and non-GAAP operating margin hit a record 23%. However, higher hardware capex from ZS's ...
Tony Studio/iStock via Getty Images Introduction Earlier this year, I upgraded Vertiv Holdings Co ( VRT ) back to a buy rating, citing robust demand, leadership in liquid cooling, and a justified valuation. As shown in the rating history chart below, the stock has been on quite a nice run since then. Even after the recent pullback, Vertiv is 27% above levels when my previous update came out, and s...
Tony Studio/iStock via Getty Images Introduction Earlier this year, I upgraded Vertiv Holdings Co ( VRT ) back to a buy rating, citing robust demand, leadership in liquid cooling, and a justified valuation. As shown in the rating history chart below, the stock has been on quite a nice run since then. Even after the recent pullback, Vertiv is 27% above levels when my previous update came out, and so my bullish call has worked out well. In recent months, the company has been on an acquisition spree, it seems, and with their most recent earnings results having come out late last month, I have decided to provide an update now. Seeking Alpha Executive Summary Below, it is shown that Vertiv is generally performing robustly as growth accelerates and operating margin expands. The company is clearly focused on the long term, as they are targeting capacity expansion, a widening product portfolio, and technological leadership. Full-year guidance was raised as well, and long-term financial targets are ambitious. Moving forward, photonics and space data centers are unlikely to disrupt the need for liquid cooling, and so the largest obstacle to near-term stock outperformance would probably be the relatively elevated valuation right now. Still, their fundamentals and prospects are able to justify where the forward P/E is currently, and so I believe the risk/reward remains net favorable for the bulls. As a result, I'm reiterating my buy rating. Top-Line Performance Vertiv Q1 Presentation For the company as a whole, Vertiv saw quite strong top-line performance. They reported net sales of $2.65 billion, up 30% YoY. This exceeds the 23% of growth back in Q4, and so momentum seems to be building for their business. Vertiv just edged past expectations as they beat them by $647.56K to show some slight outperformance. In organic terms, there was a similar acceleration of growth from the previous quarter's 19% to 23%, and so again business activity is overall headed in a nice direction. Wh...
Michael Vi/iStock Editorial via Getty Images Veeva Systems Inc. ( VEEV ) has had a difficult start to the year, with shares down about 29% YTD. This move has effectively removed the gains the company had put up for the majority of 2025 before beginning its current slide. The company is set to report earnings on June 3, and the quarter is critically important in pointing to a stabilization of the g...
Michael Vi/iStock Editorial via Getty Images Veeva Systems Inc. ( VEEV ) has had a difficult start to the year, with shares down about 29% YTD. This move has effectively removed the gains the company had put up for the majority of 2025 before beginning its current slide. The company is set to report earnings on June 3, and the quarter is critically important in pointing to a stabilization of the growth decline that the company is currently experiencing. Any signs of AI-enabled solutions helping to power future growth, too, will be in focus. While I see potential for the stock to put to rest AI fears and share losses in the CRM vertical, I think that it's best to remain on the sidelines for now as we await signs of a growth re-acceleration. Business Profile Veeva is a provider of healthcare software, particularly cloud solutions for global life sciences. Their offerings span data, business consulting, and cloud software. Essentially, the company tries to enable life sciences companies to develop and bring products to market faster and more efficiently, as well as manage their marketing pipeline and maintain regulatory compliance. Subscriptions are the vast majority of the company's revenue at approximately 85%, while services make up the remaining 15%. Historically, the company has compounded subscription growth over time. In the past five years, the company has had a CAGR of 18% for subscription revenue. Services has compounded at 13%. The company derives 47% of its subscription revenue from Commercial solutions, while 53% comes from R&D and Quality Solutions. The company goes as far as disclosing customer count, which is quite helpful. Total customers have grown 5.1% in the latest fiscal year, led by R&D and Quality Solutions at +6.3%. Author Compiled The company has recently undergone significant change. In September of last year, the company officially ended its partnership with Salesforce ( CRM ) and is in the process of moving customers over to its Vault CRM. T...
Intel's official entry into the handheld gaming landscape is now here as the company has unveiled two new chips under the Intel Arc G-series line, debuting the new processors for a new age of gaming. Intel introduced the Intel Arc G3 and Intel Arc G3 Extreme processors, a new family of chips designed for next-generation handheld gaming systems. The series builds on the architecture of Intel Core U...
Intel's official entry into the handheld gaming landscape is now here as the company has unveiled two new chips under the Intel Arc G-series line, debuting the new processors for a new age of gaming. Intel introduced the Intel Arc G3 and Intel Arc G3 Extreme processors, a new family of chips designed for next-generation handheld gaming systems. The series builds on the architecture of Intel Core Ultra Series 3 to bring optimized performance and power efficiency to portable play. Both chips feature integrated graphics from Intel's latest Xe3 architecture, which features up to Intel Arc B390 graphics, enabling real-time ray tracing for high-fidelity visuals. In addition, they support Intel XeSS 3 for higher performance, smoother gameplay, and improved responsiveness. XeSS 3 itself combines AI-based upscaling, multi-frame generation, and a low-latency system that integrates directly with game engines. Intel Unveils Arc G3 Processors Specs On the hardware side, the chips are built for efficiency as much as raw power as they feature processors with two P-Cores, eight E-Cores, and four LP E-Cores manufactured on the Intel 18A process node. Intel said that this is the most advanced logic node developed and manufactured in the United States. They also include integrated Intel Wi-Fi 7 R2, dual Bluetooth 6, and Intel Thunderbolt 4, giving users up to 40 Gbps bandwidth for high-speed storage, peripherals, and transferring large game libraries. Another notable addition is Precompiled Shaders, which downloads prebuilt shader files from the Intel cloud for select titles, delivering faster game launch times right out of the box. Intel Arc G3 Is For Handhelds: Which Are Getting It? Handheld designs from leading partners will launch in the coming months, beginning with Acer's Predator Atlas 8, MSI Claw 8 EX AI+, and OneXPlayer. The Predator Atlas 8 is the handheld that has more information as of press time, with Acer officially revealing the device to be powered by the Intel Arc G3 ...
Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments. Singapore iron ore futures were down 1.2% in May, putting prices on track for the first monthly drop since February. The market is still assessing the impact on steel margins from a rise in ...
Iron ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and mounting shipments. Singapore iron ore futures were down 1.2% in May, putting prices on track for the first monthly drop since February. The market is still assessing the impact on steel margins from a rise in coking coal prices after the mine explosion cut off some raw material supply. “The surge in coking coal prices following the fatal mining accident in Shanxi late last week is adding pressure to steel mill margins, reinforcing the view that iron ore prices should remain capped in the $105-$110 a ton range,” said Robert Rennie, head of commodity and carbon research at Westpac Banking Corp . Still, demand for higher-grade raw materials has offered some support. Mills have been increasing purchases of premium lump ore to reduce coke consumption and offset rising input costs, Rennie said. Read More: Chinese Coal Disaster to Ripple Through Steel, Power, Chemicals Weekly data from consultancy Mysteel showed blast furnace operating rates were unchanged from a week earlier, while China’s steel mill profitability slipped to 62.3%. Separate Mysteel data showed shipment volumes from Australia and Brazil were close to a two-year high, adding to concerns about ample seaborne supply. Domestic coking coal futures surged earlier this week, hitting the daily trading limit Monday, on concerns accident-related safety checks could tighten supply. Prices were at 1,292 yuan ($191) a ton nearing month-end, up 0.2% from April, extending the previous month’s 12% gain. Bulk shipping markets also strengthened. The Baltic Exchange’s main dry bulk index climbed 3.3% to 3,226 points on Thursday in London, the highest level this year, and is up more than 20% in May as vessel demand — including those used to carry iron ore — remained strong across all major segments. Iron ore rose 0.5% to $105.85 a ton at ...
Japan’s two-year government bond yield edged higher after an auction of the tenor saw slightly weak demand as investors bet on a near-term interest rate hike by the Bank of Japan. The bid-to-cover ratio at Friday’s sale was 3.7, compared with 5.24 at the previous sale and a 12-month average of 3.74. The tail, or the gap between the average and lowest-accepted prices, was the widest since December,...
Japan’s two-year government bond yield edged higher after an auction of the tenor saw slightly weak demand as investors bet on a near-term interest rate hike by the Bank of Japan. The bid-to-cover ratio at Friday’s sale was 3.7, compared with 5.24 at the previous sale and a 12-month average of 3.74. The tail, or the gap between the average and lowest-accepted prices, was the widest since December, and the cut-off price was 100.04 versus 100.055 in a Bloomberg survey . “The auction result was somewhat weak,” said Ataru Okumura , chief rates strategist at SMBC Nikko Securities. “Yields have fallen over the past week, so some investors may have seen current yield levels as less attractive.” Japan’s government bond yields have eased slightly after recently hitting multi-year highs on concerns over inflation and fiscal policy amid the US-Iran conflict. The two-year yield, which is sensitive to monetary policy expectations, is hovering near its highest level since 1995 that it touched earlier this month. Investors are speculating that the BOJ may need to raise rates soon to combat inflation and curb the yen’s weakness. While the central bank held rates steady last month, overnight index swaps show about a 77% chance of a June hike. The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran’s nuclear program, a person with knowledge of the matter said, raising hopes the three-month conflict could be nearing a resolution. But President Donald Trump has yet to agree to the terms. What Bloomberg strategists say: Japan’s auction of 2-year notes went off smoothly, though there was little sign of fervent demand for the debt. That signals investors are still anticipating the BOJ will hike next month as part of a gradual process of normalization, a setup that’s mostly supportive for auctions at a time when yields are close to multi-decade highs. — Garfield Reynolds , MLIV Team Leader. Read more on MLIV . BOJ Governor Kazuo Ued...