Abandoning net zero and drilling for more oil and gas in the North Sea would be a massive setback for the UK and would not help the economy, leading experts have said in response to claims by the former prime minister Tony Blair. “This is a bizarre intervention to make during the worst May heatwave on record and when the Iran crisis is providing yet more evidence of the enormous costs of oil and g...
Abandoning net zero and drilling for more oil and gas in the North Sea would be a massive setback for the UK and would not help the economy, leading experts have said in response to claims by the former prime minister Tony Blair. “This is a bizarre intervention to make during the worst May heatwave on record and when the Iran crisis is providing yet more evidence of the enormous costs of oil and gas,” said Ed Matthew, the UK programme director at the E3G thinktank. “Clean energy is cheaper energy - it protects our bills from prices skyrocketing, its running costs are virtually zero, and it doesn’t cause climate change which threatens economic collapse ... The government should ignore Blair’s ideological nonsense and focus on what works.” In an essay published on Wednesday, Blair argued that the UK should exploit its remaining oil and gas reserves and abandon its long-set target of reaching net zero greenhouse gas emissions by 2050. Blair, who has links to petrostates and whose institute takes money from technology companies that want a large build-out of AI data centres, has made these arguments for fossil fuels and against net zero many times in the past two years. His intervention came as the UK broke records for solar energy generation as well as for temperatures, which scientists said were the result of the climate crisis and reliance on fossil fuels. Doctors said older people and the very young could be at risk from the heatwave, and farmers struggled with heat stresses on livestock and crops that are likely to cost the economy well over £200m this year. View image in fullscreen A sheep and lamb resting in the heat on the North Yorkshire Moors this week. Heat stresses on livestock and crops could cost the economy more than £200m this year. Photograph: Ian Forsyth/Getty Images James Sutton, the co-executive director of the Zero Hour campaign, said: “Blair’s interventions on energy policy would lock Brits into more instability and price shocks that, unsurprisingl...
kadmy New orders for manufactured durable goods in April, up two consecutive months, increased $25.5B or 7.9% to $346.0 billion, much higher than consensus of 2.8%. This March print was revised to 1.3% from 0.8%. Excluding transportation, new orders increased 1.1% vs +0.4% consensus and prior month's revised figure of 1.1%. New orders, excluding defense, increased 8.1% M/M following a 0.3% dip in ...
kadmy New orders for manufactured durable goods in April, up two consecutive months, increased $25.5B or 7.9% to $346.0 billion, much higher than consensus of 2.8%. This March print was revised to 1.3% from 0.8%. Excluding transportation, new orders increased 1.1% vs +0.4% consensus and prior month's revised figure of 1.1%. New orders, excluding defense, increased 8.1% M/M following a 0.3% dip in March. Transportation equipment, also up two consecutive months, led the increase, $23.1B or 21.5% to $130.9 billion, the U.S. Census Bureau said. More on S&P 500 Index Worse Than 1999 I Think Oil Is About To Go Vertical Restrained Market Reaction To Fraying Middle East Ceasefire AM Markets Need to Know: Ohio on data centers, gold prices, and more 3 things to look out for on Thursday
Ministers are in discussions about suspending a carbon tax on fertilisers, due to come into effect early next year, in an effort to curb food inflation. The move would be part of a package of measures, including the suspension of import tariffs on a range of foods including bread, biscuits and bananas. Government sources said they were looking at suspending tariffs on a range of fertilisers in ord...
Ministers are in discussions about suspending a carbon tax on fertilisers, due to come into effect early next year, in an effort to curb food inflation. The move would be part of a package of measures, including the suspension of import tariffs on a range of foods including bread, biscuits and bananas. Government sources said they were looking at suspending tariffs on a range of fertilisers in order to discourage farmers from leaving fields fallow. But, they added, there was tension between the Treasury and the Department for Business and Trade (DBT), because the Treasury did not want to amend the Finance Act 2026, which it would have to do to suspend the carbon tax. The DBT is consulting on a range of ways to reduce the price of fertiliser for the agriculture sector and is working with farmers to assess all tariffs. Imports from some countries are currently subject to a duty of 6%. Farmers have been considering leaving their fields fallow because rising costs mean they risk selling their 2027 crop at a loss. This would increase food inflation, which is already expected to rise sharply as the conflict in Iran raises fuel and fertiliser prices. Sources at the National Farmers’ Union said a proposal was being discussed with the Treasury and DBT but nothing had been confirmed. Fertiliser costs have soared since the beginning of the Iran conflict, during which the strait of Hormuz has been closed. About 35% of the world’s fertiliser passes through the waterway and, since the conflict broke out in February, about 1m tonnes of fertiliser have been stranded in the Gulf. Fertiliser producers said they expected the new tariffs, which were being put in place to match an existing EU scheme, could add £100 per tonne to costs. According to the Agriculture and Horticulture Development Board, it is currently trading at £618 a tonne. The proposed tax is a CBAM (carbon border adjustment mechanism), as introduced by the EU in 2023. It is a levy paid by importers on fertilisers based ...
This article first appeared on GuruFocus. Amazon (AMZN, Financials) is putting money behind a new wave of digital storytelling. The company launched its GenAI Creators Fund through Amazon MGM Studios and Amazon Web Services. The goal is to support filmmakers, digital creators and startups using new tools to make cinematic entertainment. For Amazon, this is about more than experimenting with conten...
This article first appeared on GuruFocus. Amazon (AMZN, Financials) is putting money behind a new wave of digital storytelling. The company launched its GenAI Creators Fund through Amazon MGM Studios and Amazon Web Services. The goal is to support filmmakers, digital creators and startups using new tools to make cinematic entertainment. For Amazon, this is about more than experimenting with content. It connects two important parts of the company: its media business and its cloud technology arm. If creators use Amazon's tools to produce films, shows or short-form projects, AWS could benefit from the computing demand behind that work. Amazon MGM Studios could also get an early look at new talent and new production methods. For investors, the fund is small compared with Amazon's broader business. But it shows how the company is trying to turn its technology into another advantage in entertainment. The big question is whether these tools can lower production costs without hurting quality or upsetting creative partners. Investors will watch how Amazon uses the fund and whether it leads to content that audiences actually want to watch.
NVIDIA CEO Jensen Huang has called humanoid robots and labor automation a $40 trillion total addressable market, and on the Animal Spirits podcast, Derek Yan argued physical AI is “potentially bigger” than EVs or smartphones, with Waymo serving as live proof the underlying autonomy stack already works in the wild. Capital is rotating into this ... Jensen Huang Just Said $40 Trillion. Here Are 5 Ph...
NVIDIA CEO Jensen Huang has called humanoid robots and labor automation a $40 trillion total addressable market, and on the Animal Spirits podcast, Derek Yan argued physical AI is “potentially bigger” than EVs or smartphones, with Waymo serving as live proof the underlying autonomy stack already works in the wild. Capital is rotating into this ... Jensen Huang Just Said $40 Trillion. Here Are 5 Physical AI Stocks Wall Street Is Quietly Loading Up On Before the Rest of the Market Catches On
"When we initially saw them in the tip, they grabbed our attention as we thought it could be a lovely gift for our daughter-in-law who loves cats," explained the couple who wanted to remain anonymous but spoke via the auction house.
"When we initially saw them in the tip, they grabbed our attention as we thought it could be a lovely gift for our daughter-in-law who loves cats," explained the couple who wanted to remain anonymous but spoke via the auction house.
Figure Lands Robotics Deal Figure, which was founded by Brett Adcock, announced a commercial agreement with Catalyst Brands, an operator of several former mall staples. "We'll work to deploy humanoid robots at scale, starting with initial deployment in Reno, NV," Adcock tweeted. An announcement from the company said the Figure humanoid robots will be deployed into distribution and logistics with a...
Figure Lands Robotics Deal Figure, which was founded by Brett Adcock, announced a commercial agreement with Catalyst Brands, an operator of several former mall staples. "We'll work to deploy humanoid robots at scale, starting with initial deployment in Reno, NV," Adcock tweeted. An announcement from the company said the Figure humanoid robots will be deployed into distribution and logistics with a focus on automating "physically demanding tasks within the supply chain." Figure said the partnership shows how the company is leading the transformation of the global workforce, which includes the following: Deployment at Scale Workforce Modernization Strategic Ecosystem Alignment Brookfield is an investor in both Catalyst Brands and Figure, and the announcement says it supports the vision for the future of industrial automation. At the time of Brookfield's investment in Figure in September, the company said it would help Figure with a real-world pretraining dataset and infrastructure to get humanoid robots into commercial settings. Adcock said Catalyst Brands is a "unique opportunity" for Figure in partnership, as the company scales its portfolio. "Our humanoids provide a standardized labor solution that can be deployed across diverse industries instantly," Adcock said. Man Vs. Machine? An appearance of the Figure 3.0 humanoid robot at the White House attracted plenty of attention around the world, including beating the Tesla Optimus robot in appearing at the Washington D.C. landmark. Outside of that viral moment at the White House, Figure recently went viral for its 200-hour package sorting challenge, which also contained a 10-hour man vs. machine competition streamed live. In the man vs. machine competition, the Figure 3.0 competed alongside a real human sorting packages by identifying the barcode and placing the item face down on a conveyor belt. The human was forced to take breaks, due to California labor laws, while the robot kept working. In the 10-hour challenge, ...
This article first appeared on GuruFocus. Alphabet (GOOG, Financials) is facing unwanted attention after a Google software engineer was charged with fraud over alleged bets on Polymarket. Prosecutors say Michele Spagnuolo, a staff information security engineer at Google, used confidential company information to make correct predictions on the betting platform and collect about $1.2 million. For in...
This article first appeared on GuruFocus. Alphabet (GOOG, Financials) is facing unwanted attention after a Google software engineer was charged with fraud over alleged bets on Polymarket. Prosecutors say Michele Spagnuolo, a staff information security engineer at Google, used confidential company information to make correct predictions on the betting platform and collect about $1.2 million. For investors, this is not likely to change Alphabet's business outlook by itself. But it does raise a familiar issue for large technology companies: how well sensitive internal information is protected. Prediction markets have grown quickly, and cases like this may bring more scrutiny from regulators, employers and trading platforms. The bigger concern is trust. Companies like Google handle sensitive data every day, and even one alleged misuse can create questions about internal controls. Investors will watch whether the case stays focused on one employee or leads to broader questions about compliance and information security.
Liens/iStock via Getty Images Cameco ( CCJ ) said late Wednesday its Key Lake mill and McArthur River mine have returned to full production activities following a disruption caused by flooding in northern Saskatchewan earlier this month . Cameco ( CCJ ) said its northern Saskatchewan sites were not directly impacted by floodwaters, but the Smoothstone River Bridge , which is on the primary route u...
Liens/iStock via Getty Images Cameco ( CCJ ) said late Wednesday its Key Lake mill and McArthur River mine have returned to full production activities following a disruption caused by flooding in northern Saskatchewan earlier this month . Cameco ( CCJ ) said its northern Saskatchewan sites were not directly impacted by floodwaters, but the Smoothstone River Bridge , which is on the primary route used to transport supplies to McArthur River and Key Lake , partially collapsed due to floodwaters; the company also noted weight and traffic restrictions on the alternative roadway. The company said has been able to consistently deliver the volume of materials required to resume full operations at both Key Lake and McArthur using the secondary route in recent weeks, but thawing and precipitation events could result in further road restrictions, which could cause delays in future deliveries of critical operating materials. Meanwhile, Cameco ( CCJ ) maintained its FY 2026 consolidated production guidance at 19.5M-21.5M lbs of U 3O8, also noting that its Cigar Lake mine was not affected and continues to operate. More on Cameco Cameco Sees Path To 20 New U.S. Large-Scale Reactors Cameco: Robust Q1 Results And An Attractive Valuation (Rating Upgrade) The World Is Going Nuclear, And Cameco Is Ready
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd. The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the previous week's revised level of 210,000. Economists had expected jobless claims to rise to 213,000 from the 209,00...
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd. The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the previous week's revised level of 210,000. Economists had expected jobless claims to rise to 213,000 from the 209,000 originally reported for the previous week. The report said the less volatile four-week moving average also rose to 209,000, an increase of 6,250 from the previous week's revised average of 202,750. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The global B2C e-commerce market is expected to experience substantial growth, projected to expand from USD 7.23 trillion in 2025 to USD 33.52 trillion by 2033, reflecting a 21.7% compound annual growth rate (CAGR). This growth is driven by increased digital connectivity, advancements in mobile commerce, and improved digital payment systems, particularly benefiting emerging markets in Asia, Latin ...
The global B2C e-commerce market is expected to experience substantial growth, projected to expand from USD 7.23 trillion in 2025 to USD 33.52 trillion by 2033, reflecting a 21.7% compound annual growth rate (CAGR). This growth is driven by increased digital connectivity, advancements in mobile commerce, and improved digital payment systems, particularly benefiting emerging markets in Asia, Latin America, and Africa. The proliferation of 5G technology and the enhancement of logistics and order fulfillment technologies are also pivotal in facilitating more efficient and widespread online shopping experiences. These developments underscore the ongoing transformation in consumer purchasing behavior and the e-commerce landscape worldwide. In other trading, Bob's Discount Furniture was trading firmly up 11.6% and closing at $13.55. Best E-Commerce Stocks Amazon.com ended the day at $271.85 up 2.5%, not far from its 52-week high. Salesforce closed at $177.51 down 0.9%. On Wednesday, the company confirmed its second-quarter and full-year fiscal 2027 earnings guidance, projecting continued revenue growth and an operating margin improvement. Adobe ended the day at $238.24 down 0.9%. Amazon's AWS leads in cloud innovation driving urgent interest amid global IT shifts. Explore the full narrative to understand Amazon's strategic market advantages. Next Steps This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Companies discussed ...
The US and Iran traded fresh strikes. Oil prices climbed on fears of escalation and mixed signals on the status of peace talks. Meanwhile, software-maker Snowflake soared postmarket after signing a $6 billion chip and cloud deal with Amazon. Today's guests: Greg Peters, PGIM Credit Co-CIO; Elizabeth Weymouth, Grafine Partners Founder and Managing Partner; Lorenzo Bini Smaghi, Former Societe Genera...
The US and Iran traded fresh strikes. Oil prices climbed on fears of escalation and mixed signals on the status of peace talks. Meanwhile, software-maker Snowflake soared postmarket after signing a $6 billion chip and cloud deal with Amazon. Today's guests: Greg Peters, PGIM Credit Co-CIO; Elizabeth Weymouth, Grafine Partners Founder and Managing Partner; Lorenzo Bini Smaghi, Former Societe Generale Chairman; Katie Gaddini, UCL Associate Professor and Janet Truncale, EY CEO --- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. (Source: Bloomberg)
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) CEO Jensen Huang has reportedly agreed to join an advisory board at China's Tsinghua University, adding another high-profile U.S. tech leader to the Beijing school's network. The Financial Times reported that Huang accepted a role on the board of Tsinghua's economics and management school. Apple (AAPL, Financials) CEO Tim Cook is ...
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) CEO Jensen Huang has reportedly agreed to join an advisory board at China's Tsinghua University, adding another high-profile U.S. tech leader to the Beijing school's network. The Financial Times reported that Huang accepted a role on the board of Tsinghua's economics and management school. Apple (AAPL, Financials) CEO Tim Cook is chair of the same board. For investors, the timing is important. Nvidia remains deeply tied to global chip demand, but its China business is under pressure from export rules and geopolitical tension. Huang's role does not change those restrictions. But it shows Nvidia still wants to maintain relationships in one of the world's most important technology markets. China remains a large opportunity for U.S. tech companies, even as access to advanced chips becomes harder. That makes Huang's presence notable. Investors will watch whether Nvidia can keep balancing growth in China with U.S. regulatory limits.
ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $29.1 million and net income attributed to common stockholders of $27.7 million for the first quarter of 2026. This compares to net income of $3.0 million and net income a...
ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $29.1 million and net income attributed to common stockholders of $27.7 million for the first quarter of 2026. This compares to net income of $3.0 million and net income attributable to common stockholders of $1.6 million for the first quarter of 2025. Earnings per share for the first quarter of 2026 was $0.25 basic and diluted, compared to $0.01 basic and diluted for the same quarter of 2025. Time charter revenues were $54.7 million for the first quarter of 2026, compared to $54.9 million for the same quarter of 2025. The slight decrease in time charter revenues, compared to the same quarter of the prior year, was due to decreased ownership days following the sale of one vessel and was partially offset by higher average charter rates and improved fleet utilization. Dividend Declaration The Company has declared a cash dividend on its common stock of $0.01 per share, based on the Company’s results of operations during the first quarter ended March 31, 2026. The cash dividend will be payable on or about June 18, 2026, to all common shareholders of record as of June 10, 2026. As of May 27, 2026, the Company had 124,402,479 common shares issued and outstanding and 15,689,643 warrants outstanding. Fleet Employment (As of May 26, 2026) VESSEL SISTER SHIPS* GROSS RATE (USD PER DAY) COM** CHARTERERS DELIVERY DATE TO CHARTERERS*** REDELIVERY DATE TO OWNERS**** NOTES BUILT DWT 9 Ultramax Bulk Carriers 1 DSI Phoenix A 13,500 4.75 % Cargill Ocean Transportation (Singapore) Pte. Ltd. 8-Aug-25 1/Oct/2026 - 30/Nov/2026 2017 60,456 2 DSI Pollux A 14,750 5.00 % Stone Shipping Ltd 9-Dec-25 1/Jan/2027 - 28/Feb/2027 2015 60,446 3 DSI Pyxis A 13,100 5.00 % Stone Shipping Ltd 8-Nov-24 3-May-26 1 2018 60,362 16,000 5.00 % Oldendorff GmbH & Co. KG 3-May-26 15/Jun/2...
For years, The Trade Desk (TTD +0.65%) looked like one of the safest growth stories in digital advertising. The company consistently beat expectations, expanded margins, and maintained customer retention above 95%. Investors rewarded that consistency with a premium valuation, betting that the shift toward connected TV and programmatic advertising would continue driving strong growth for years. The...
For years, The Trade Desk (TTD +0.65%) looked like one of the safest growth stories in digital advertising. The company consistently beat expectations, expanded margins, and maintained customer retention above 95%. Investors rewarded that consistency with a premium valuation, betting that the shift toward connected TV and programmatic advertising would continue driving strong growth for years. Then the sentiment changed. Over the past year, investors started questioning whether The Trade Desk could maintain its position in a much tougher advertising landscape as the company's growth slowed. While the business itself didn't collapse -- it's still profitable and growing -- the perception around the business did. And for high-growth stocks, that shift can matter just as much as the underlying fundamentals. What went wrong, and why does it matter? The biggest issue facing The Trade Desk isn't a single weak quarterly earnings report. It's that investors no longer see the company as untouchable. For years, The Trade Desk benefited from a powerful narrative: advertisers would increasingly move budgets toward the open internet, and independent platforms would become more valuable as digital advertising grew more fragmented. That thesis worked for many years, but is now facing real pressure. The biggest reason is that companies like Amazon, Alphabet's Google, and Meta Platforms offer advertisers something extremely attractive: simplicity. They combine user data, ad inventory, measurement, and optimization tools inside one ecosystem, making it extremely easy for advertisers to run and measure their advertising campaigns. The open internet works differently. Advertisers gain more flexibility and reach, but they also face more complexity. Campaigns run across many publishers, streaming services, and retail media platforms instead of one centralized system. That complexity creates friction, which may prevent the long-term development of the open internet. And then there's the de...
Key Points Its biggest challenge is to prove the open internet model still works. The Trade Desk’s latest results show stability, but not full recovery. Investors want proof it can keep growing in a competitive environment. 10 stocks we like better than The Trade Desk › For years, The Trade Desk (NASDAQ: TTD) looked like one of the safest growth stories in digital advertising. The company consiste...
Key Points Its biggest challenge is to prove the open internet model still works. The Trade Desk’s latest results show stability, but not full recovery. Investors want proof it can keep growing in a competitive environment. 10 stocks we like better than The Trade Desk › For years, The Trade Desk (NASDAQ: TTD) looked like one of the safest growth stories in digital advertising. The company consistently beat expectations, expanded margins, and maintained customer retention above 95%. Investors rewarded that consistency with a premium valuation, betting that the shift toward connected TV and programmatic advertising would continue driving strong growth for years. 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 » Then the sentiment changed. Over the past year, investors started questioning whether The Trade Desk could maintain its position in a much tougher advertising landscape as the company's growth slowed. While the business itself didn't collapse -- it's still profitable and growing -- the perception around the business did. And for high-growth stocks, that shift can matter just as much as the underlying fundamentals. What went wrong, and why does it matter? The biggest issue facing The Trade Desk isn't a single weak quarterly earnings report. It's that investors no longer see the company as untouchable. For years, The Trade Desk benefited from a powerful narrative: advertisers would increasingly move budgets toward the open internet, and independent platforms would become more valuable as digital advertising grew more fragmented. That thesis worked for many years, but is now facing real pressure. The biggest reason is that companies like Amazon, Alphabet's Google, and Meta Platforms offer advertisers something extremely attractive: simplicity. They combine user data, ad inventory, measurement, and...
This article first appeared on GuruFocus. Snowflake Inc. (NYSE:SNOW) rose 35.23% in premarket trading after reporting first-quarter fiscal 2027 product revenue of $1.33 billion, up 34% year-over-year, with non-GAAP EPS of $0.39 compared to a $0.32 Wall Street consensus. CEO Sridhar Ramaswamy called it "the strongest sequential dollar growth in our history." Net revenue retention held at 126%, and ...
This article first appeared on GuruFocus. Snowflake Inc. (NYSE:SNOW) rose 35.23% in premarket trading after reporting first-quarter fiscal 2027 product revenue of $1.33 billion, up 34% year-over-year, with non-GAAP EPS of $0.39 compared to a $0.32 Wall Street consensus. CEO Sridhar Ramaswamy called it "the strongest sequential dollar growth in our history." Net revenue retention held at 126%, and customers generating more than $1 million in trailing 12-month product revenue grew 29% year-over-year to 779. Remaining performance obligations reached $9.21 billion, up 38% year-over-year. For the second quarter, Snowflake guided product revenue of $1.415 billion to $1.420 billion, representing 30% growth. Full-year fiscal 2027 product revenue guidance was raised to $5.84 billion, with non-GAAP operating margin guidance lifted to 13.5%. Alongside the results, Snowflake announced a $6 billion commitment to Amazon Web Services (NASDAQ:AMZN) over five years, covering Graviton general-purpose chips and AI accelerators, with Ramaswamy describing the goal as bringing AI "directly to governed data."