India’s government has ordered one of the country’s most exclusive private clubs to vacate its premises in two weeks, underscoring the long-running push of the prime minister, Narendra Modi, against entrenched elite institutions. The ministry of housing and urban affairs directed the Delhi Gymkhana Club to hand over its sprawling site in the heart of New Delhi by 5 June, citing urgent public inter...
India’s government has ordered one of the country’s most exclusive private clubs to vacate its premises in two weeks, underscoring the long-running push of the prime minister, Narendra Modi, against entrenched elite institutions. The ministry of housing and urban affairs directed the Delhi Gymkhana Club to hand over its sprawling site in the heart of New Delhi by 5 June, citing urgent public interest requirements, including defence and security infrastructure. Founded under British colonial rule in 1913 as the Imperial Delhi Gymkhana Club, the institution has long been synonymous with the rich and the famous. Once restricted to colonial elites under discriminatory entry rules that barred natives, it later evolved into a powerful networking hub for politicians, senior bureaucrats, judges and business figures after India’s independence in 1947. The ministry said the land, adjacent to the prime minister’s residence, was “critically required for strengthening and securing of defence infrastructure and other vital public security purposes”, the Press Trust of India news agency reported, citing a government letter to the club’s secretary. The move comes against the backdrop of a broader political shift since Modi first took office in 2014, positioning himself as a challenger to India’s traditional elites, including those associated with the opposition Congress party led by the Nehru-Gandhi dynasty. Analysts say spaces such as the Delhi Gymkhana Club have seen their prominence erode under Modi’s populist politics. The Hindu-nationalist premier has long sought to eliminate remnants of India’s colonial past by reshaping several key British-era relics with his own mega projects. The club, which includes buildings close to 100 years old, remains one of the most sought-after memberships in the capital, with long waiting lists and a reputation as a hub of influence. However, it has also been dogged by internal disputes and allegations of financial mismanagement in recent years. ...
Chipmaker Nvidia (NVDA 1.86%) remains the poster child of the artificial intelligence (AI) revolution, and even from its lofty perch as the world's largest company, it has gained around 20% so far in 2026. However, another AI stock has delivered far stronger returns: Shares of Nebius (NBIS 2.34%), a fast-growing data center infrastructure player, have surged by almost 143% over the same period. Nv...
Chipmaker Nvidia (NVDA 1.86%) remains the poster child of the artificial intelligence (AI) revolution, and even from its lofty perch as the world's largest company, it has gained around 20% so far in 2026. However, another AI stock has delivered far stronger returns: Shares of Nebius (NBIS 2.34%), a fast-growing data center infrastructure player, have surged by almost 143% over the same period. Nvidia also appears confident about Nebius' growth prospects. In March 2026, it announced a strategic partnership and agreed to invest $2 billion in Nebius for an approximately 8.3% ownership stake in the company. Under this partnership, Nvidia will provide the AI processors that will allow Nebius to deploy more than 5 gigawatts of data center capacity by 2030. Robust financials Nebius is focused on building data center infrastructure that's optimized for AI training, inference (running AI models in real time), and emerging agentic AI workloads (in which AI systems autonomously perform multistep tasks). Expand NASDAQ : NBIS Nebius Group Today's Change ( -2.34 %) $ -5.15 Current Price $ 214.78 Key Data Points Market Cap $54B Day's Range $ 210.81 - $ 221.84 52wk Range $ 34.72 - $ 233.73 Volume 324.8K Avg Vol 17M Gross Margin 7.48 % The company's most recent financial report highlights its business momentum. In the first quarter, revenues surged 684% year over year to $399 million. Nebius' AI business performed even better, with revenue growing by 841% year over year to $390 million, accounting for 98% of total sales. The AI business exited the first quarter with annualized run rate revenue (an annualized projection based on its latest quarterly revenue) of $1.9 billion, up by more than 50% sequentially. Management now expects revenues of between $3 billion and $3.4 billion and an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of nearly 40% in 2026. Strong customer base Nebius sold out its available data center capacity in the first quar...
Key Points Deals with Meta Platforms and Microsoft could give Nebius billions of dollars in revenue visibility and financing flexibility. Nebius is evolving beyond simply renting AI computing power to its customers; now, it's offering a broader full-stack AI platform. 10 stocks we like better than Nebius Group › Chipmaker Nvidia (NASDAQ: NVDA) remains the poster child of the artificial intelligenc...
Key Points Deals with Meta Platforms and Microsoft could give Nebius billions of dollars in revenue visibility and financing flexibility. Nebius is evolving beyond simply renting AI computing power to its customers; now, it's offering a broader full-stack AI platform. 10 stocks we like better than Nebius Group › Chipmaker Nvidia (NASDAQ: NVDA) remains the poster child of the artificial intelligence (AI) revolution, and even from its lofty perch as the world's largest company, it has gained around 20% so far in 2026. However, another AI stock has delivered far stronger returns: Shares of Nebius (NASDAQ: NBIS), a fast-growing data center infrastructure player, have surged by almost 143% over the same period. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Nvidia also appears confident about Nebius' growth prospects. In March 2026, it announced a strategic partnership and agreed to invest $2 billion in Nebius for an approximately 8.3% ownership stake in the company. Under this partnership, Nvidia will provide the AI processors that will allow Nebius to deploy more than 5 gigawatts of data center capacity by 2030. Robust financials Nebius is focused on building data center infrastructure that's optimized for AI training, inference (running AI models in real time), and emerging agentic AI workloads (in which AI systems autonomously perform multistep tasks). The company's most recent financial report highlights its business momentum. In the first quarter, revenues surged 684% year over year to $399 million. Nebius' AI business performed even better, with revenue growing by 841% year over year to $390 million, accounting for 98% of total sales. The AI business exited the first quarter with annualized run rate revenue (an annualized projection based on its latest quarterly revenue) of $1.9 billion, up by ...
Nvidia (NasdaqGS:NVDA) is expanding enterprise AI partnerships around its DGX and Nemotron platforms. Vu Technologies is using Nvidia DGX Spark for real-time biomedical visualization in advanced medical research. Blue Yonder is building a Model Training Factory with Nvidia's Nemotron stack to support autonomous supply chain agents. Qiagen Digital Insights is integrating Nvidia BioNeMo to support A...
Nvidia (NasdaqGS:NVDA) is expanding enterprise AI partnerships around its DGX and Nemotron platforms. Vu Technologies is using Nvidia DGX Spark for real-time biomedical visualization in advanced medical research. Blue Yonder is building a Model Training Factory with Nvidia's Nemotron stack to support autonomous supply chain agents. Qiagen Digital Insights is integrating Nvidia BioNeMo to support AI-driven bioinformatics and drug discovery workflows. Nvidia has become closely associated with AI data center hardware and core GPUs, and these new collaborations highlight how its platforms are being woven into specific enterprise workflows. By anchoring with partners in healthcare research, logistics software, and bioinformatics, Nvidia (NasdaqGS:NVDA) is tying its AI infrastructure to concrete use cases rather than just general compute demand. For investors, that provides a view of how AI adoption can filter into operational tools used by large customers. If these kinds of deployments expand across more clients and industries, Nvidia's role could extend deeper into day to day decision systems, from lab benches to supply chain control towers. That context may influence how you think about the company, not only as a chip producer but also as a provider of full-stack AI capabilities that sit inside certain enterprise processes. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on NVIDIA. NasdaqGS:NVDA 1-Year Stock Price Chart NVIDIA’s new partnerships in biomedical visualization, supply chain automation and bioinformatics show how its AI infrastructure is moving from general-purpose compute into tightly integrated, industry-specific systems. DGX clusters powering real-time tumor microscopy, Nemotron models driving autonomous warehouse decisions, and BioNeMo handling graph-based drug discovery workflows all point to AI being wired into regulated, high-value workflows where reliability and la...
v_alex/iStock via Getty Images Gladstone Investment's ( GAIN ) remarkable 24% total return over the last 1-year exposes its shareholders to some retracement risk as prime rates look set to be frozen at their current level for the foreseeable future. GAIN's net asset value ("NAV") gains have bucked a broader trend in the BDC space, with the BDC reporting a NAV of $16.78 per share as of the end of i...
v_alex/iStock via Getty Images Gladstone Investment's ( GAIN ) remarkable 24% total return over the last 1-year exposes its shareholders to some retracement risk as prime rates look set to be frozen at their current level for the foreseeable future. GAIN's net asset value ("NAV") gains have bucked a broader trend in the BDC space, with the BDC reporting a NAV of $16.78 per share as of the end of its fiscal 2026 fourth quarter, ending March 31, 2026. The growth of this on a year-over-year basis came in at 23.84% from $13.55 per share. Critically, fourth quarter NAV per share topped the consensus NAV estimate of $14.92 per share . This was on the back of $2.32 per share of net unrealized appreciation of investments. These unrealized gains were $92.5 million on a nominal basis and were only partially offset by $10.6 million, or $0.27 per share of net investment losses. Data by YCharts The spike in GAIN's stock price has pushed the security to trade at a more than 3-year high, but with the BDC still trading at a small 2% discount to fourth quarter NAV per share. GAIN last declared a monthly cash dividend of $0.08 per share , kept unchanged from the prior distribution, and $0.96 per share annualized for a 5.8% dividend yield. This represents a roughly 120 basis points dip from when I last covered GAIN with a Hold rating in February, with the ticker up since. Investors need to be cognizant that GAIN is offering a base dividend yield that sits just 123 basis points above the U.S. 10-year Treasury rate ( US10Y ) at 4.57% and lower than internally managed investment-grade BDCs like Main Street Capital ( MAIN ) and Hercules Capital ( HTGC ). YCharts There has been a significant divergence in performance over the last 1-year, with GAIN now forming one of the best performing BDCs. Bulls would be right to highlight the annual special dividends, with GAIN paying $0.54 per share in June last year and $0.70 per share in 2024. The average of these two distributions being paid in 202...
On May 13, 2026, Marathon Capital Management disclosed in an SEC filing that it sold 23,765 shares of Copa Holdings (CPA 0.05%), an estimated $3.12 million trade based on quarterly average pricing. Sold 23,765 shares of Copa Holdings; estimated trade size was $3.12 million based on quarterly average pricing Quarter-end position value decreased by $3.06 million, reflecting both share sales and stoc...
On May 13, 2026, Marathon Capital Management disclosed in an SEC filing that it sold 23,765 shares of Copa Holdings (CPA 0.05%), an estimated $3.12 million trade based on quarterly average pricing. Sold 23,765 shares of Copa Holdings; estimated trade size was $3.12 million based on quarterly average pricing Quarter-end position value decreased by $3.06 million, reflecting both share sales and stock price movements Transaction represented a 0.7% change in 13F reportable AUM Post-trade stake: 27,788 shares valued at $3.16 million Position now accounts for 0.71% of fund AUM, which places it outside the fund's top five holdings What happened According to a SEC filing dated May 13, 2026, Marathon Capital Management reduced its holding in Copa Holdings by 23,765 shares during the first quarter of 2026. The estimated transaction value was $3.12 million, based on the average unadjusted closing price for the quarter. The quarter-end value of the position decreased by $3.06 million, reflecting both trading activity and market price changes. The firm now holds 27,788 shares, worth $3.16 million at quarter end. What else to know Marathon Capital Management continued to reduce its position in Copa Holdings, which now represents 0.71% of 13F reportable AUM Top holdings after the filing: NASDAQ:TROW: $57.56 million (12.9% of AUM) NYSEMKT:BIL: $17.91 million (4.0% of AUM) NYSE:GLW: $14.30 million (3.2% of AUM) NASDAQ:GOOGL: $14.19 million (3.2% of AUM) NYSE:AZN: $12.85 million (2.9% of AUM) As of May 21, 2026, shares of Copa Holdings were priced at $137.07, up 34.37% over the past year, underperforming the S&P 500 by 6.9 percentage points Company overview Metric Value Revenue (TTM) $3.62 billion Net income (TTM) $671.65 million Dividend yield 4.77% Price (as of market close May 21, 2026) $137.07 Company snapshot CPA provides scheduled airline passenger and cargo services across 69 destinations in the Americas and the Caribbean, operating a fleet of Boeing 737 aircraft. Copa generat...
koto_feja/E+ via Getty Images Although Xanadu Quantum Technologies ( XNDU ) essentially remains a research lab for quantum computing, the recent pullback in shares combined with promising early success warrants a speculative start position. Quantum has rapidly gained mindshare across the investment community, largely on the promise of delivering massive amounts of revenue over the 3-5+ year time h...
koto_feja/E+ via Getty Images Although Xanadu Quantum Technologies ( XNDU ) essentially remains a research lab for quantum computing, the recent pullback in shares combined with promising early success warrants a speculative start position. Quantum has rapidly gained mindshare across the investment community, largely on the promise of delivering massive amounts of revenue over the 3-5+ year time horizon. Right now, commercialization across the industry remains in the nascent phase, with proof-of-concepts and technological innovation still the primary drivers of the stock's narrative. With Xanadu, the company has been around for almost 10 years, with most of the "exciting" updates coming in recent years. Since being listed as a public company, shares have been volatile, which is expected for any pure-play quantum company. Data by YCharts To be clear, Xanadu, and quantum in general, remains a speculative investment. Asset prices have pushed much higher in recent weeks (more on that below) without a material change in the trajectory of revenue and commercialization. Xanadu has shown some early signs of promise, but this has not yet manifested in the financials or meaningful LOIs. With all of that said, I believe Xanadu offers a unique opportunity for investors to own a pure-play quantum company with a differentiated technological approach. Winners will be determined over the course of several years, but there is a lot of money investors can make between now and then. Brief Overview Xanadu's approach to quantum is highly differentiated as it focuses on photonic quantum computing , essentially using particles of light (photons) as qubits. Many other competitors use modalities such as superconducting or trapped-ion architectures. Photonics can offer several advantages, including scalability, networking, and operating around room temperature. Xanadu Quantum Technologies In my opinion, the most interesting thing across the quantum industry is the variety of methods being ad...
Ukraine Uses High-Altitude Balloons To Extend Suicide Drone Strike Range Ukrainian forces have borrowed a page from China's hypersonic glide-weapon testing and applied it to the Eastern European theater, using one-way attack drones against Russia. Instead of launching the Hornet strike drone from a ground-based catapult, Ukrainian operators tethered it to a high-altitude balloon, extending its ran...
Ukraine Uses High-Altitude Balloons To Extend Suicide Drone Strike Range Ukrainian forces have borrowed a page from China's hypersonic glide-weapon testing and applied it to the Eastern European theater, using one-way attack drones against Russia. Instead of launching the Hornet strike drone from a ground-based catapult, Ukrainian operators tethered it to a high-altitude balloon, extending its range. Defense news website Defense Blog reports: The test, details of which circulated through Ukrainian military channels, involved a Hornet manufactured by Perennial Autonomy being dropped from a balloon at approximately 8 kilometers altitude after the aerostat carried the drone 42 kilometers from its launch point. Ukrainian troops tested launching the Ukrainian-American Hornet kamikaze drone from a balloon. The aerostat carried the drone 42 km and released it from 8 km altitude, while the UAV used only 5% of its battery. The method extends range by combining balloon distance, high-altitude… pic.twitter.com/YUlKcaQf7e — NOELREPORTS 🇪🇺 🇺🇦 (@NOELreports) May 20, 2026 The outlet said the new tactic would effectively double the Hornet's range to 300 kilometers (about 186 miles). Military observers have marveled at Ukraine's rapid weapons innovation curve, particularly its use of "low-tech" solutions such as drones and interceptors. These have become so effective that the U.S. military and allied Gulf countries have begun procuring some of these weapons. The Ukraine-Russia war has effectively become a weapons and AI laboratory , accelerating battlefield technology and bringing forward weapons that would otherwise have been seen in the 2030s. Tyler Durden Sat, 05/23/2026 - 08:45
So far, 2026 has been full of surprises. Practically every sector of the stock market has been dealing with its own particular (and unexpected) set of challenges. Consumer goods stocks have been grappling with rising inflation. Energy stocks have been affected by the war in Iran. Tech stocks have been grappling with how to handle AI. And investors are wondering if there are any safe havens anymore...
So far, 2026 has been full of surprises. Practically every sector of the stock market has been dealing with its own particular (and unexpected) set of challenges. Consumer goods stocks have been grappling with rising inflation. Energy stocks have been affected by the war in Iran. Tech stocks have been grappling with how to handle AI. And investors are wondering if there are any safe havens anymore. Here's which sectors have been leading the market, and, more importantly, which one is gaining momentum as we head toward the final days of May. One big winner By the end of March, the S&P 500 was down 4.6% year to date, and the major market sectors had already settled into three broad categories for the year: losers, modest gainers, and one big winner. As measured by the performance of sector-specific SPDR ETFs, there were five losing sectors that had lost between 4.5% and 10% of their value in the first quarter of 2026: healthcare (down 4.6%), communication services (down 5.5%), consumer discretionary (down 8.1%), financials (down 9.7%), and most surprisingly, tech (down 6.3%). Then there was a batch of five moderate performers, up between 1.5% and 11.5%: real estate (up 1.5%), consumer staples (up 4.9%), industrials (up 6%), utilities (up 8%), and materials (up 11.3%). The big winner, though, was energy. The State Street Energy Select Sector SPDR ETF (XLE +0.61%) was up 31.9% as of March 31, handily outperforming every other market sector for the year. Tech rebounds Not much changed in April except that tech stocks found their mojo again, shooting out of the "big loser" tier and up to the moderate tier. That momentum has continued into May, to the point that the State Street Tech Select Sector SPDR ETF (XLK +1.00%) is up 22.3% for the year as of this writing. Tech is now the second-best performing sector of 2026 behind energy (which now boasts a 34.5% return). Consumer staples, industrials, real estate, and materials are all clustered together vying for third place, wi...
Memorial Day weekend is expected to kick off one of the busiest summer travel season in years, with millions of Americans hitting the roads and airports despite rising costs. GasBuddy's Head of Petroleum Analysis Patrick De Hahn and The Points Guy Managing Editor Clint Henderson joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss the climbing gas prices, expensive airfare ...
Memorial Day weekend is expected to kick off one of the busiest summer travel season in years, with millions of Americans hitting the roads and airports despite rising costs. GasBuddy's Head of Petroleum Analysis Patrick De Hahn and The Points Guy Managing Editor Clint Henderson joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss the climbing gas prices, expensive airfare and what travelers can expect this summer. (Source: Bloomberg)
imaginima/iStock via Getty Images Data Center infrastructure company Applied Digital ( APLD ) saw its stock price take off last week after it announced a new deal from a U.S. hyperscaler that will significantly escalate its revenue ramp. The deal, set to contribute $7.5B in base contracted revenue over a 15-year lease term, allows Applied Digital to build its fourth Data Center, the Polaris Forge ...
imaginima/iStock via Getty Images Data Center infrastructure company Applied Digital ( APLD ) saw its stock price take off last week after it announced a new deal from a U.S. hyperscaler that will significantly escalate its revenue ramp. The deal, set to contribute $7.5B in base contracted revenue over a 15-year lease term, allows Applied Digital to build its fourth Data Center, the Polaris Forge 3 in North Dakota, and lifts the company's revenue backlog to $31B. With AI obviously being a multi-year investment story, and hyperscalers like Amazon ( AMZN ), Alphabet ( GOOG )( GOOGL ) and Microsoft ( MSFT ) approaching $200B each in annual CapEx spending this year, I believe Applied Digital remains a very compelling investment choice for AI growth investors, mainly because of the company’s low market cap relative to other AI infrastructure companies. Seeking Alpha Previous rating I rated Applied Digital ‘Buy’ in February -- A Winner In The AI CapEx Boom -- when I last reviewed the AI infrastructure firm’s financials in response to the latest earnings report. Specifically, the key reason for me to rate APLD a 'Buy' was a massive $5.0B deal with Australian asset management company Macquarie that helps the company to accelerate its Data Center buildout. While the company is losing money due to its aggressive growth strategy, a strong execution could result in a significant expansion of Applied Digital's market cap in the years ahead. Massive revenue ramp underway Applied Digital signed a new 15-year deal with a leading U.S. hyperscaler in May for 300 MW of critical IT load. The deal, which follows a similar 300 MW deal with the same hyperscaler announced earlier this year, includes three 5-year options for 2 buildings at the new Polaris Forge 3 campus in North Dakota. The base term of the lease is valued at approximately $7.5 billion, with the total deal value, based off of option exercises for the Polaris Forge 3 lease, jumping as high as $18.2 billion. The deal has a si...
With June rapidly approaching, analysts at Bank of America said there is a slew of top stock-buying opportunities. The firm said that companies like Visa have plenty more room to run. Other buy-rated stocks Bank of America analysts are bullish on include Zeta Global , Sprouts Farmers Market, United Rentals and Citigroup. Sprouts Farmers Market The grocery store chain is firing on all cylinders, th...
With June rapidly approaching, analysts at Bank of America said there is a slew of top stock-buying opportunities. The firm said that companies like Visa have plenty more room to run. Other buy-rated stocks Bank of America analysts are bullish on include Zeta Global , Sprouts Farmers Market, United Rentals and Citigroup. Sprouts Farmers Market The grocery store chain is firing on all cylinders, the firm said. Analyst Robert Ohmes recently came away from investor meetings convinced that the company is on the right track as sales and margins remain robust. "We believe SFM's targeted approach to price and promotions, including initial price reductions on select SKUs [stock keeping units] such as coffee & other essential items should deliver greater value on the categories and drive traffic from the less engaged customer cohort," he said. The firm also raised its price target to $100 per share from $92. In addition, Ohmes said that the company's foray into organic items along with its generous loyalty program has upside potential. The stock is up more than 8% in 2026. United Rentals Analyst Michael Feniger is doubling down on shares of United Rentals following a series of investor meetings he held with the equipment rental company. "We came away with the view that the management team feels confident heading into construction season around its growth profile, costs profile, and M & A profile," he wrote. Feniger said the company's margin profile is attractive and that the company has a differentiated offering, which gives it a leg up against competitors. "In our view, the bigger picture takeaway — URI's competitive position is strengthening with national accounts even as other players are targeting growth in gen rent & dirt moving," he said. Shares are up almost 16% this year. Feniger said that the company is "built for the moment." Zeta Global "Misunderstood & Mispriced," analyst Matt Bullock said of the digital ad company. The firm recently reinstated coverage of the st...
SoFi (NASDAQ: SOFI) has been growing rapidly for years, but it hasn't done it at the expense of profitability. In this video, I'll discuss the profitable growth metric many analysts and institutions use and where SoFi stands. *Stock prices used were the morning prices of May. 22, 2026. The video was published on March 23, 2026. Continue reading
SoFi (NASDAQ: SOFI) has been growing rapidly for years, but it hasn't done it at the expense of profitability. In this video, I'll discuss the profitable growth metric many analysts and institutions use and where SoFi stands. *Stock prices used were the morning prices of May. 22, 2026. The video was published on March 23, 2026. Continue reading
Ilicali described the decision to allow Middlesbrough to re-enter the play-offs as "unbelievable". He said: "If this action was so big that a team is out of the play-offs, why didn't they let them not play the semi-final, investigate and take Southampton out and put Wrexham in? "Why is Wrexham out now? Put Wrexham in and continue the competition. "For me, an eliminated team {being] put back - also...
Ilicali described the decision to allow Middlesbrough to re-enter the play-offs as "unbelievable". He said: "If this action was so big that a team is out of the play-offs, why didn't they let them not play the semi-final, investigate and take Southampton out and put Wrexham in? "Why is Wrexham out now? Put Wrexham in and continue the competition. "For me, an eliminated team {being] put back - also our lawyers say this and that's their opinion too - is an incredibly wrong decision." The 56-year-old, who took over Hull City in 2022, said he did not want to discuss the outcome of the EFL's independent disciplinary commission's hearing before the day of the final to avoid distracting the players. "Now I can talk a little more because now the boys are in the stadium and they will not hear me. I didn't want to make their focus disturbed," he added. "Decisions are discussable from what I understand from our lawyers, very discussable. "But of course we have to focus on the game and the boys are tough enough to overcome these difficulties."
The mother of the motorist who found the children told Portuguese media that one of the boys had said they were blindfolded and told to look for a hidden toy, but that when they took their blindfolds off their mother had vanished.
The mother of the motorist who found the children told Portuguese media that one of the boys had said they were blindfolded and told to look for a hidden toy, but that when they took their blindfolds off their mother had vanished.
To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 23 (CNA) Nvidia Corp. CEO Jensen Huang (黃仁勳) arrived in Taiwan on Saturday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co. Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for p...
To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 23 (CNA) Nvidia Corp. CEO Jensen Huang (黃仁勳) arrived in Taiwan on Saturday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co. Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has "a lot to do" during the trip. Asked about reports that Nvidia's planned headquarters site in Taipei's Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would definitely attend and might even unveil the new building's design. On AI-related business, Huang said Nvidia works closely with its partners and provides strong support to them, while its partners also support Nvidia in return. His remarks came after AI chipmaker Advanced Micro Devices (AMD) recently announced plans to invest more than US$10 billion in Taiwan's industrial ecosystem to expand strategic partnerships and meet demand for AI infrastructure. • AMD unveils US$10 billion Taiwan AI investment, ramps up TSMC 2nm chip production Asked about rising memory prices, Huang said nearly all electronic products rely on memory chips and that higher memory prices could significantly affect consumer electronics prices. "It's a challenge for consumers ... a very important form of inflation," Huang said, adding that he hoped memory suppliers could increase production capacity quickly so the market could stabilize. After speaking at the airport, Huang headed to Taipei's Nangang District to attend Nvidia's "Meet-a-Claw" developer event, where he delivered brief remarks. Jensen Huang (center) speaks at Nvidia's "Meet-a-Claw" developer event in Taipei on Saturday. CNA photo May 23, 2026 Huang is also scheduled to give a keynote speech at the Taipei Music Center o...
While the market has posted solid double-digit returns over the past three years, investors shouldn't get their hopes up that the trend will continue, if history is any guide. According to SimCorp's Melissa Brown, who cited data from Stocks, Bonds, Bills and Inflation (SBBI), the market may not see another strong year following three prior ones, as instances of four stellar consecutive years of mo...
While the market has posted solid double-digit returns over the past three years, investors shouldn't get their hopes up that the trend will continue, if history is any guide. According to SimCorp's Melissa Brown, who cited data from Stocks, Bonds, Bills and Inflation (SBBI), the market may not see another strong year following three prior ones, as instances of four stellar consecutive years of more than 15% returns have been "rare" at only three since 1926. In 2023, 2024 and 2025, the market saw annualized returns of 26%, 25% and about 18%, respectively. With those gains, it is likely to see a below-average return in 2026, Brown said, particularly in the single-digit range. The S & P 500 has risen only 8% so far this year. .SPX YTD mountain S & P 500, year-to-date "I think that's probably what we would expect for the whole year," said the firm's managing director of investment decision research. "That doesn't necessarily mean a drawdown, but it does mean it would be extremely unusual to have a return of more than, say, 10% for the year." Additionally, Brown noted that the fourth year following a three-year annualized return of 20% or more has an average return of just 3.9%. That's significantly below the average of 11.8%, she said. To be sure, that doesn't mean that this year will follow suit, especially if stocks related to the artificial intelligence boom continue to drive the market higher. However, if this year does, in fact, see low-double-digit growth, the likelihood of that happening next year is even lower, Brown said. "Things just can't grow forever," she said to CNBC. "We're clearly closer to the end of the rally than the beginning."
Uganda confirmed three new Ebola cases, including a health worker and a driver linked to the country’s first known infection, as authorities race to contain the outbreak. Bloomberg News Senior Editor Jason Gale joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
Uganda confirmed three new Ebola cases, including a health worker and a driver linked to the country’s first known infection, as authorities race to contain the outbreak. Bloomberg News Senior Editor Jason Gale joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
While most of the biggest artificial intelligence (AI) hyperscalers have seen their stocks weighed down by massive spending plans for 2026, many AI infrastructure companies supplying key equipment for new data centers have seen their stock prices soar over the past year. That includes Ciena (CIEN 0.59%), which sells high-speed networking systems. The company's stock is up 609% over the past year, ...
While most of the biggest artificial intelligence (AI) hyperscalers have seen their stocks weighed down by massive spending plans for 2026, many AI infrastructure companies supplying key equipment for new data centers have seen their stock prices soar over the past year. That includes Ciena (CIEN 0.59%), which sells high-speed networking systems. The company's stock is up 609% over the past year, driven by strong demand for its optical networking products. But after its incredible run, investors may be wondering if it's too late to buy the stock. A long runway of strong revenue growth Ciena is a leading innovator in long-haul data networking equipment. Its products play a key role in fiber networks laid by telecom companies, increasing and speeding up data transferred across their networks. Nearly half of its revenue still comes from telecom customers, but a growing share comes from U.S. hyperscalers as they build out networks of AI data centers with massive data-transfer needs. Ciena provides products and systems that allow hyperscalers to connect data centers to one another as well as connect servers to other servers within the same data center. While the latter is seeing reasonable growth, Ciena's products don't stand out against the competition. The former category is where it has built a considerable technology lead and faces limited competition. And the growing number of AI data centers has been a massive boon. Ciena offers best-in-class long-distance optical networking equipment. It's historically first to market with new speed standards; the latest is its 1.6 terabit-per-second product, introduced in 2024. That technology lead is bolstered by its highly focused R&D budget, which historically accounts for about one-fifth or one-quarter of its revenue. Expand NYSE : CIEN Ciena Today's Change ( -0.59 %) $ -3.49 Current Price $ 583.74 Key Data Points Market Cap $83B Day's Range $ 574.03 - $ 599.50 52wk Range $ 70.77 - $ 599.50 Volume 1.6M Avg Vol 2.7M Gross Marg...