José Yugar-Cruz spent 17 months in a county jail in Muscatine, Iowa, despite never having committed a crime. Originally from Bolivia, he entered the United States legally at the Arizona border in July 2024, affirmatively approached authorities, and requested asylum. Six months later, a US immigration judge found he had been tortured in Bolivia, would probably face torture again if returned, and barred his removal to his home country. The government did not appeal. Yugar-Cruz was not released for almost a year. Instead, ICE spent months searching unsuccessfully for somewhere else to send him. He finally won his release in December 2025. But after the United States negotiated a new “Third-Country Removal Agreement” with the Democratic Republic of the Congo (DRC), a country beset by conflict and corruption, ICE placed Yugar-Cruz on the manifest for an April charter flight to Kinshasa. On 8 April, he was redetained at a check-in appointment with ICE. Although a temporary stay kept him off that flight, a federal judge later ruled he could not block a future deportation to the DRC, risking Yugar-Cruz’s removal to a country he has never set foot in. “I don’t know [it], I have no family there, I don’t speak their language,” he said. “I feel like a person who has no value.” The flight Yugar-Cruz narrowly missed carried 15 South Americans to DRC. They arrived in chains, a routine feature of these flights, where passengers are held in handcuffs, waist chains, leg irons and sometimes straitjackets. double quotation mark No country can guarantee safety if it lacks functioning asylum laws, honest courts, impartial officials Had Yugar-Cruz been onboard, he would now be among those held in a rundown hotel near the airport, where the water shuts off for days, rodents move through the rooms and mosquitoes are inescapable. The US-DRC arrangement is the latest deal outsourcing America’s protection obligations to countries whose own asylum systems are collapsing. The Trump administratio...

Jamaica is closer than ever to drilling for oil. Tests on samples from the seabed off the Caribbean island’s south coast earlier this year identified hydrocarbons, which suggest the presence of crude oil below ground. Jamaica imports all its fuel, which costs about $1.5-2bn (£1.1bn-1.5bn) annually, depending on global oil prices. It is a persistent drag on an economy that generated $4.3bn from tourism, its biggest earner, in 2024. United Oil & Gas, a UK-based company, holds an exclusive exploration licence for the Walton-Morant basin, a 22,400sq km (8,650 sq mile) block off the island’s southern coast. Surface oil seeps have been repeatedly documented across the island, but so far there has been no commercial oil production. View image in fullscreen Jamaicans in Westmoreland parish transfer petrol during the shortage that followed Hurricane Melissa last November. Photograph: Ricardo Makyn/AFP/Getty Images News of a potential oil discovery was met with guarded optimism by the government. In a public statement, Daryl Vaz, the energy minister, calls the results “very positive”. “They haven’t seen or touched the real deal, but [the results] are still important,” he says. “I am cautiously optimistic and praying very hard … because of what the impact of any discovery would be.” double quotation mark If we want to have any kind of moral high ground … we cannot be considering expanding the fossil fuel industry Theresa Rodriguez-Moodie, environmentalist If oil is confirmed within its territorial waters, the island will join Guyana and Suriname as the newest fossil fuel-producing states in the region. About half of the countries across Latin America and the Caribbean are in a race to find oil, after Brazil discovered deep-water reserves in the Atlantic in the 2000s. Since then, prospecting has continued onshore and offshore, from Argentina to Caribbean islands, despite the climate crisis and the global push for a green energy transition. Jamaica is still recovering from the C...

It is the country that drinks more beer per capita than any other but in the last few years Czechia has been hit by droughts and heatwaves, which make it harder to grow the Saaz hops, one of the key ingredients that goes into the country’s world famous beer. At the Hop Research Institute, however, scientists are working to create new, climate-resilient hop varieties that have shown promise in overcoming Czechia’s heat and its strict traditionalism. “I see a very bright future for Czech hops,” said Dr Vladimir Nesvadba, the institute’s top breeder. “We have bred new drought-resistant varieties – Saaz Shine, Saaz Comfort, and others – that are performing well on hop farms and in Czech breweries.” View image in fullscreen Saaz hops growing on trellises in Bohemia. Photograph: Rob Crandall/Alamy The reputation of Saaz hops extends well beyond Europe, with roughly 80% of Czechia’s Saaz yields going to breweries abroad. The US brewery BarrieHaus Beer Co in Tampa, Florida, imports them for its Czech-style pilsner called the “Bublina”, which won the 2024 World Beer Cup; their brewmaster, Jim Barrie, says Saaz “has a character that’s difficult to truly replicate”. However, in recent years there has been an increase in summer temperatures and a decrease in rainfall in Czechia, which has affected the Saaz variety in particular. This reduces the amount of water available for the plant to use and makes it harder for the plants to stay cool during hot summers. According to Dr Pavel Donner, also of the Hop Research Institute, “Czech cultivars, Czech genetic resources, are not habituated to live in such high temperatures.” Only about 25% of Czech hop farms are irrigated, making them highly vulnerable to irregular rainfall. The higher temperatures and lack of water result not only in fewer cones, but also less alpha acid, a compound that gives hops their characteristic bitterness. With less acid, brewers need to use more hops to achieve the same level of bitterness, which can change...

深圳一名十五歲男學生成功征服珠穆朗瑪峰，成為全國最年輕登頂珠峰的男子。 就讀中三的李子軒，上周三從珠穆朗瑪峰南坡成功登頂，成為中國最年輕征服珠峰的男子，亦是從南坡登頂珠峰最年輕的男子。李子軒與團隊由4月14日出發，期間經歷了生病、惡劣天氣等，他最終都一一克服。 李子軒說：「趕緊拍完照下去，現在太累了。」 他因為手指等部位在登頂期間凍傷，近日返回深圳後到醫院求醫。 李子軒稱：「可能是因為我小姆指長期插在繩子和鎖中間，然後那個鎖也是低溫，我感受到疼痛的時候，已經有點凍傷了。」 李子軒的爸爸是著名登山專家李春生，碰巧在八年前的同日亦成功登上珠峰山頂。作為「登頂」前輩，他一早已為兒子安排特訓，包括每日負重行170層樓梯等，跑十公里、攀石等。 李子軒父親李春生指出：「登山其實是一個特別痛苦的運動，就往上每走一步，其實都在跟自己較勁，它是一個意志的磨練，是一個不斷戰勝自己的過程，能夠自信心的提升，我覺得這一些可能比他的成績更重要。」

Hudbay Minerals ( HBM ) has announced that the Toronto Stock Exchange has approved its notice of intention to launch a new normal course issuer bid (NCIB) for its common shares. Under the authorized program, Hudbay is permitted to repurchase up to 19.86M shares, representing approximately 5% of its issued and outstanding common share capital as of May 21, 2026. The buyback program will run for a 12-month period starting June 1, 2026, and ending no later than May 31, 2027. Management noted that the exact timing and volume of purchases will depend heavily on evolving market conditions, share price, and available cash resources. Open-market transactions will be executed via the TSX, NYSE, and alternative trading systems at prevailing market prices. Purchases will be subject to a daily maximum limit of 469.60K shares, calculated based on average trading volumes, though Hudbay retains the flexibility to make larger block purchases once per week that exceed this daily cap. All repurchased shares will be immediately canceled, with the company intending to fund the transactions primarily through cash flow from operations. This newly approved NCIB succeeds a similar program initiated on May 30, 2025, which allowed for the purchase of up to 19.75M shares and expires on May 29, 2026; Hudbay confirmed that no shares were bought or canceled under that previous mandate. More on Hudbay Minerals Inc. Hudbay Minerals Inc. (HBM:CA) Shareholder/Analyst Call Transcript Hudbay Minerals Inc. (HBM:CA) Presents at Canaccord Genuity's 5th Annual Global Metals & Mining Conference - Slideshow Hudbay Minerals Inc. (HBM:CA) Presents at Bank of America Global Metals, Mining & Steel Conference 2026 - Slideshow Hudbay Minerals declares CAD 0.01 dividend Hudbay Minerals Q1 2026 Earnings Preview

Calfrac Well Services ( CFW:CA ) has received approval to launch a normal course issuer bid . The company may repurchase and cancel up to 5.02M common shares, representing about 5% of its outstanding shares. Share purchases under the NCIB are expected to begin on or about June 1, 2026. The buyback program is scheduled to expire on or about May 31, 2027. The company had 100.47M common shares issued and outstanding as of May 22, 2026. More on Calfrac Well Services Ltd. Calfrac Well Services Ltd. GAAP EPS of $0.19, revenue of $305.4M Historical earnings data for Calfrac Well Services Ltd. Financial information for Calfrac Well Services Ltd.

格隆汇5月28日｜中船特气公告，公司股票交易连续三个交易日内（2026年5月26日、5月27日、5月28日）日收盘价格涨幅偏离值累计达到30%，属于股票交易异常波动情形。经公司自查并向公司控股股东及实际控制人书面核实，截至2026年5月28日，公司不存在应披露而未披露的重大事项。公司关注到近期媒体报道及市场传闻涉及日本六氟化钨供应商减产事项，但目前尚未签署新的长期或大额实质性订单协议，后续合作及对公司经营业绩的影响存在不确定性。

Massachusetts universities churn out innovative tech leaders - like Mark Zuckerberg - who then take their billion-dollar ideas to Silicon Valley. But with a possible billionaires tax looming in California, Boston sees a chance to hold onto more of that talent (Source: Bloomberg)

British Columbia Investment Management Corp. created a team within its private equity unit to provide financing to buyout firms that are increasingly looking for new ways to drum up cash amid a prolonged dealmaking drought. The new Capital Solutions Group will focus on preferred equity, recapitalizations and funding continuation vehicles, according to Jon Salon , the pension fund’s head of private equity. “We can be a capital solutions provider to our general partners in the market at a time where liquidity is scarce,” he said in an interview. Deal activity across the buyout industry has remained subdued for years, limiting firms’ ability to return capital to investors. In response, fund managers have increasingly turned to alternative liquidity tactics, including so-called continuation vehicles that allow them to hold investments for longer while generating distributions for existing investors. “When you think about our pipeline, somewhere between 20% and 30% is single asset continuation vehicles, which is a huge amount,” Salon said, adding that it was roughly 5% two years ago. In some cases, BCI will extend liquidity to fund managers looking to raise continuation vehicles, and in others, it will invest in those funds itself, he said, adding that BCI also invests in structured equity funds. The pension fund is also looking to invest in preferred equity tranches that typically generate returns of 12% to 15%, Salon added. BCI’s private equity unit, which managed C$33.6 billion ($24.3 billion) at the end of March 2025, already invests in capital solutions, which account for less than 5% of the portfolio, and is targeting an allocation of about 15% over the next several years, Salon said. “I want BCI to be a one-stop shop for those capital needs,” he said.

Oura Health Oy , the popular smart ring maker seeking to go public this year, unveiled a significantly thinner and lighter new model along with new wellness features. The Oura Ring 5 is 40% smaller overall than its predecessor, bringing its size and thickness more in line with an ordinary wedding band. The company was able to accomplish that in part by reducing the size of the battery pack while still promising battery life of up to about a week on one charge. Oura also said it improved the sensing capabilities, repositioning the LEDs for measuring metrics like heart rate and oxygen saturation inside the band for better accuracy. There are also new wellness capabilities that aim at detecting signs of high blood pressure and sleep apnea. Those are also coming to some of the company’s older models. The new rings go on sale June 4 and become available for preorder on Thursday. “It’s going to be super hot. Everyone we’ve shown it to has been like, ‘holy cow,’” Tom Hale, the company’s chief executive officer, said in an interview ahead of the announcement. He said the most common feedback has been about the size of the current model, with some men proclaiming it’s “too much of a statement” and women considering the current versions too big. The new ring addresses those complaints, he said. The latest version is more expensive, coming in at $399 — up from $349 for the Oura Ring 4 — for standard silver and black metal finishes, while higher-end gold, stealth, rose gold and brushed silver versions cost an additional $100. The new design launches with an optional new portable charger for $99. (The new rings don’t work with the prior version of accessory while the new charger doesn’t support older rings.) The ceramic Oura Ring 4, launched last year , sticks around for $349. Hale said that the price increase reflects the company’s move to keep the device as a premium product, particularly as it relates to smartwatches. “It’s a little bit between the premium smartwatch and the ...

In this article F STLA GM Follow your favorite stocks CREATE FREE ACCOUNT Ford pickup trucks are displayed on the sales lot at Serramonte Ford on Jan. 6, 2026 in Colma, California. Justin Sullivan | Getty Images In a country where big trucks are a big deal, those pickups and SUVs represent a big percentage of auto loans that come with a sizable monthly payment, more than $1,000 a month, according to new data. Experian Automotive's analysis of more than 5 million open auto loans and leases in the first quarter shows nearly 19% of new vehicle loans include a monthly payment of at least $1,000. That's up from roughly 17.4% year over year. "The assumption is that it's all luxury, it's high-line, and that is not the case," said Melinda Zabritski, head of automotive financial insights for Experian Automotive. Almost 74% of the auto loans requiring owners to pay $1,000 or more every month are for non-luxury models, with the top five models being popular pickup trucks including the Ford F-150, Chevrolet Silverado 1500 and Ram 1500, according to Experian. Just five years ago, auto loans with monthly payments over $1,000 accounted for just 5.4% of the market. Then the global chip shortage hit in 2021 and 2022, and automakers around the world prioritized production of higher-end, more profitable models. Vehicle prices soared, and so did the amount borrowed for auto loans. Zabritski said those higher prices have changed how car and truck buyers look at what it takes to finance the purchase of a new vehicle. "We haven't seen a reduction in that MSRP, and in those high loan amounts," she told CNBC. "I think as time goes on, I think more consumers are getting used to the $1,000 payment." The average amount borrowed is now at an all-time high of $43,952, and the average monthly payment has also climbed to an all-time high of $770, according to Experian Automotive. Both are a reflection of a new auto market that is relatively strong. As for auto loan delinquencies, the percentage of...

An Oura Ring 5 model next to a ladybug. Courtesy: Oura Oura on Thursday announced its latest smart ring, one that it says is the smallest offered by any company. The Oura Ring 5 will be 40% smaller than Oura's previous generation ring , the company said. The ring will still have the same level of sensing, tracking and accuracy as the previous generation, it said. "By reimagining Oura Ring 5 to be smaller, easier to wear, and pairing it with our most advanced software yet, we're making it possible for many more people to wear Oura every day — and to benefit from the personalized, predictive health insights that come with it," Oura CEO Tom Hale said in a statement. The ring, which will start to ship on June 4, will be priced at $399 for base finishes and $499 for premium finishes like gold and brushed silver. The company will also be launching a portable charging case for the new ring, priced at $99. Oura has been named to the CNBC Disruptor 50 list four times, including No. 14 in 2026 . Last week, Oura confidentially filed a draft of its IPO prospectus with the Securities and Exchange Commission. It did not provide a timeline for an IPO. More coverage of the 2026 CNBC Disruptor 50 2026 CNBC Disruptor 50: See the full list of companies The latest trends shaping Disruptor success stories Inside the research process for this year's list How Armada is building data centers on the edge, and around the globe Shield AI, and the Pentagon's race to build cheaper drone fighters Watch: Waabi CEO on when the self-driving big rigs will be here Watch: Replit's CEO on vibe-coding era's solopreneur billionaires The company is launching several new tracking and health features alongside the Ring 5, features that will also work with Oura's generation 3 and 4 rings. That includes an expansion of its proactive health tracking, now called Health Radar. This feature monitors key biometric signals like body temperature and respiratory rate for strains on your body, providing alerts when it...

Oura on Thursday unveiled the fifth generation of its popular smart ring, starting at $399. The Ring 5, which Oura describes as the world’s smallest smart ring, arrives just a year and a half after the company launched the Ring 4 and seven months after the Ring 4 Ceramic. The Ring 5 is 40% smaller than its predecessor and comes with more accurate sensing and enhanced battery life. The Ring 5 is launching alongside new software updates that include blood pressure signals, live activity tracking, on-demand care, and other features that will also roll out to the Oura Ring Gen3 and later. The new smart ring is available for pre-order starting today and will start shipping on June 4. It’s available in sizes 6 to 13 and comes in six finishes, including a redesigned Gold with a truer gold tone, an updated Deep Rose with a copper-like look, plus Silver, Brushed Silver, Black, and Stealth. The Black and Silver retail for $399, while the rest cost $499. For comparison, the Ring 4 started at $349. Maz Brumand, VP of Product at Oura, told TechCrunch that the company reduced the ring’s width by about two millimeters and its thickness by roughly 30%. Brumand noted that Oura members had been asking the company to make a ring that was smaller and thinner, prompting the shift toward a slimmer design. Oura achieved the new size by redesigning the mechanical, electrical, optical, battery, and sensing architectures, Brumand explained. Image Credits:Oura The new ring is designed to be desirable to a broader audience, especially people who have found smart rings too bulky in the past. Oura says the latest model is designed to look and feel like any other ring. While Oura could previously get away with a bulkier design as the dominant player in the smart ring market, new products from subscription-free rivals like RingConn and Ultrahuman have increased the pressure to innovate. Increased competition also likely explains why Oura is launching a new ring just a year and a half after the Rin...

“Forty percent of patients in this country alone in the first year drop out [of current retinal disease treatments] and every one of those patients ends up going blind. By far the most expensive disease in the world is blindness and the reason for that is really quite simple. It’s because the mortality doesn’t change, the use of resources skyrockets, but the mortality doesn’t change. In this country, every blind patient costs over $66,000 a year,” says Pravin Dugel, CEO of Ocular Therapeutix. “I

Stocks in the nation’s Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter

Gen Alpha kids raised by Gen X parents carry average savings balances that are 30% higher than their peers raised by millennials.

Broadcom (AVGO) Could Be Positioned For The Next Big Shift In AI Infrastructure Insider Monkey

A new report shows how close American households are to the financial edge toggle caption Brandon Bell/Getty Images Affordability has been a politically potent word, but an ill-defined measure of financial pain, often used as a reference to inflated prices. But new research from the Brookings Institution released Wednesday describes affordability by comparing the rising costs of essentials against family incomes. By that measure, the report found, in 2024 45.5% of U.S. households did not earn enough to cover their necessities. The report concluded that a mere $1,000 hike in the annual cost of living would leave another 3 million households unable to make ends meet. That precarity is partly due to the gap between inflation and wages. In 2024, national wages saw just a small 1.3% bump, well below the rate of inflation of 2.9% that year, according to the Census Bureau. "My main takeaway is that when we talk about affordability, we've been focusing on inflation. But there's the income side of the story that we often do not talk about," said Andre Perry, the director of Brookings' Center for Community Uplift. Sponsor Message For the new report, the Brookings researchers gathered household income data for every county in the U.S. and compared those incomes with the estimated costs of necessities like food and transportation in those places. Housing, healthcare and childcare are especially large chunks of household budgets that families have little control over, said Hannah Stephens, a senior research assistant at the center. "In order to actually solve affordability, we have to deal with these larger, most structural costs that are harming households," she said. For some families, closing that gap between essentials and income has meant skipped meals, increased debt and delayed medical care, the report found. Those decisions are playing out across the country, though the data showed some divides across states and racial groups. According to the paper, in 2024, more than 5...

- Achieves U.S. FDA 510(k) Clearance for Next-Generation Hybrid IVUS-OCT Imaging System - Wins Multiple Industry Awards Recognizing Innovation and Leadership in Intravascular Imaging - Advances U.S. Commercial Readiness and Launch Financing Initiatives TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Conavi Medical Corp. (TSXV: CNVI) (OTCQB: CNVIF) (“Conavi” or the “Company”), a medical device company focused on designing, manufacturing, and marketing imaging technologies to guide minimally invasive cardiovascular procedures, today reported financial results and provided an operational update for the fiscal quarter ended March 31, 2026 (“Fiscal Q2 2026”). “Fiscal Q2 2026 marked a transformational period for Conavi highlighted by FDA 510(k) clearance of our next-generation Novasight™ Hybrid system, a milestone that positions the Company for commercial launch in the United States,” said Thomas Looby, President and Chief Executive Officer of Conavi Medical. “In addition to this significant regulatory achievement, we were honoured to receive multiple industry awards recognizing the innovation and clinical potential of our hybrid IVUS-OCT technology. With commercialization activities advancing and financing initiatives underway to support our U.S. launch strategy, we believe Conavi is entering an exciting new phase of growth.” Fiscal Q2 2026 Business and Operational Highlights FDA 510(k) Clearance of Next-Generation Hybrid Imaging System On April 20, 2026, subsequent to quarter end, Conavi announced that it received U.S. Food and Drug Administration (“FDA”) 510(k) clearance for its next-generation hybrid intravascular imaging system. The system integrates intravascular ultrasound (“IVUS”) and optical coherence tomography (“OCT”) into a single platform designed to provide simultaneous, co-registered imaging of coronary arteries within a unified workflow. The Company believes the clearance represents a major milestone for Conavi and positions the Company to initiate its targeted ...

Sol-Gel received a Notice of Allowance for a method-of-use patent extending intellectual property protection for topical patidegib (SGT-610) until 2044 Sol-Gel completed an oversubscribed underwritten offering, raising gross proceeds of approximately $33.1 million from leading healthcare specialist investors Pivotal Phase 3 clinical trial of SGT-610 (patidegib gel, 2%) for Gorlin syndrome remains ongoing, with top-line results on track for anticipated readout in the fourth quarter of 2026 Sol-Gel signed an exclusive license agreement with Sun Pharmaceutical Industries Ltd. for the commercialization of TWYNEO® in India NESS ZIONA, Israel, May 28, 2026 (GLOBE NEWSWIRE) -- Sol-Gel Technologies, Ltd. (NASDAQ: SLGL), a dermatology company, pioneering treatments for patients with rare and severe skin conditions, today announced financial results for the first quarter ended March 31, 2026, and provided a corporate update. Q 1 202 6 and Recent Corporate Developments In May 2026, the company received a Notice of Allowance (U.S. Patent Application No. 19/266,342) from the U.S. Patent and Trademark Office for our patent application covering a method-of-use that is critical to successful topical patidegib therapy. This patent will provide protection for SGT-610 until 2044. In March 2026, Sol-Gel closed an underwritten offering resulting in aggregate gross proceeds of approximately $33.1 million. The offering included participation from new and existing investors, including Great Point Partners, LLC, Trails Edge Capital Partners, Surveyor Capital (a Citadel company), Affinity Asset Advisors, Squadron Capital Management, Stonepine Capital Management and AuGC BioFund. TD Cowen and LifeSci Capital acted as joint book-running managers for the offering. Sol-Gel’s pivotal Phase 3 clinical trial of SGT-610 (patidegib gel, 2%) for Gorlin syndrome continues to advance, and the Company remains on track to report top-line results in the fourth quarter of 2026; preparations for a proof-of-c...

Two-year contract supports AI infrastructure demand from two high-growth AI inference platforms, marking a significant commercial milestone in QumulusAI's hyperdistributed GPU build-out ATLANTA, GA / ACCESS Newswire / May 28, 2026 / QumulusAI, a provider of GPU-powered cloud infrastructure for artificial intelligence, and Shadeform, a unified GPU platform connecting AI teams with compute resources, today announced a two-year contract for the deployment of two NVIDIA H200 clusters - a 61-node and a 24-node configuration - totaling 85 nodes at QumulusAI's Kansas City location. The deployment supports compute demand from two high-growth AI inference platforms, including one of the fastest-scaling inference networks currently operating at production scale. The partnership combines QumulusAI's Hyperspeed Deployment capabilities and hyperdistributed data center footprint with Shadeform's ability to connect and match enterprise demand to best-fit GPU infrastructure - delivering scalable, enterprise-grade H200 environments to AI platforms operating at production scale. "This deployment reflects exactly how we want to grow - through strategic partnerships that tie long-term, high-quality demand to our expanding infrastructure footprint," said Mike Maniscalco, CEO, QumulusAI. "Shadeform's ability to bring committed, multi-year clients to the table accelerates our mission to transform how enterprises of any size can rapidly obtain access to the GPU-powered cloud infrastructure they need for production AI." "QumulusAI's ability to deploy at hyperspeed and hold committed capacity is exactly what our customers need, said Ed Goode, CEO, Shadeform. "This deployment gives AI inference platforms on Shadeform access to dedicated, enterprise-grade AI infrastructure as they scale their businesses." For QumulusAI, the contract validates its capacity-forward model - purpose-built to match enterprise-grade infrastructure with committed, long-duration demand. The Kansas City deployment is s...

DG Matrix’s multi-port solid-state transformer integrates seamlessly with NVIDIA’s modular MGX architecture, delivering high-density, 800 VDC power for next-generation AI factory deployments SAN FRANCISCO, May 28, 2026--(BUSINESS WIRE)--DG Matrix, the global leader in solid-state transformer solutions, today introduced the Interport™ solid-state transformer (SST) platform, designed to integrate seamlessly with the NVIDIA MGX modular rack architecture. The Interport SST delivers native 800 VDC power to GPU-dense racks, positioning DG Matrix at the center of the industry’s accelerating shift to 800 VDC power distribution for next-generation AI deployments. DG Matrix demonstrated the Interport SST alongside other modular building blocks powering the next generation of AI factories at NVIDIA GTC 2026. NVIDIA MGX is an open rack system architecture comprising standardized, modular compute, networking, and power components designed to accelerate the deployment of NVL72 racks at scale. The MGX architecture features 800 VDC distribution as the path to increasing compute density for performance, reducing conversion losses, and simplifying rack-level power for AI workloads. The DG Matrix Interport SST is purpose-built for the NVIDIA MGX architecture. The platform natively supports 800 VDC today. Reprogrammable ports support higher voltages of up to 1,500 VDC, enabling future-proofing of today’s data center deployments for upcoming needs. DG Matrix will collaborate with NVIDIA and MGX integrators to validate rack power interfaces and demonstrate MGX-compatible deployments, including 800 VDC rack reference designs. Since DG Matrix’s founding in 2023, the company has worked closely with NVIDIA on technical alignment around 800 VDC architectures and MGX compatibility, from prototype through the commercial launch of its Interport and Interport Cell products. DG Matrix has also conducted a yearlong program of testing energy storage solutions for dynamic GPU load response in collabo...

LOBO believes this strategic upgrade will expand its AI value chain by extending from AI collaboration tools into AI inference infrastructure, addressing a significantly larger market opportunity. The initiative also represents a major evolution of the Company’s business model, transitioning from a single SaaS subscription model into a dual-layer revenue model spanning both applications and token distribution services. As market trends increasingly shift from simply deploying more chips toward improving inference efficiency, LOBO launched LoboToken.ai as an expansion from the AI application layer, represented by the Claw AI Agent Platform, into AI token distribution services, creating an “applications + token services” dual-engine business structure. Flexible deployment options: It offers standard API access to more than 300 models for both enterprises and individual users, with flexible pricing models including pay-as-you-go and subscription plans. Global compute network: A network connects users with AI inference providers across China, the United States, Europe, and other regions. Intelligent model routing: An embedded intelligent routing layer automatically matches each request with the optimal underlying model based on task type, context length, response latency, budget constraints, and other multidimensional parameters. Supported models include OpenAI, Google Gemini, DeepSeek, Qwen, GLM, and more than 300 additional models. LoboToken.ai is designed to address the growing global demand for AI inference services. The platform provides enterprises with cost-efficient token services through intelligent routing and multi-model access. Its core capabilities include: WUXI, China, May 28, 2026 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or “the Company”), an innovative electric mobility vehicles manufacturer and seller, today announced the official launch of LoboToken.ai, a new AI inference token distribution platform. The launch marks a signific...

LongPoint Asset Management Inc. is a Canadian owned and operated company which delivers innovative ETF solutions designed to enhance your Canadian investing journey. Our dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation, and growth of ETFs for its partner asset managers. LongPoint was Canada's fastest growing ETF provider in 2025, on a percentage basis, and offers 49 Canadian-listed ETFs with more than $400 million in assets under management. The Savvy ETFs have closed their offering of initial shares and will begin trading on the TSX when the market opens this morning. With this launch, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December 2024 with its leveraged crude oil and natural gas ETFs, followed in May 2025 with the launch of Canada's first triple levered index ETFs, and has since launched of Canada's only suite of double levered single stock ETFs. LongPoint is a proudly Canadian owned and operated company. "LongPoint is proud to add to Canada's only double-leveraged single stock ETF family, providing 2X and -2X exposure to leading US and Canadian companies," said Steve Hawkins, CEO of LongPoint. "We recognize the growing investor demand for additional 2X single stock exposures as different sectors of the market cycle into favour. RBNU, METU, and PLTU will offer knowledgeable, sophisticated Canadian investors TSX-listed solutions - trading in Canadian dollars - that enables them to tactically position their portfolios around company-specific news, technical signals, market events, or fundamental price outlooks." RBNU, METU, and PLTU are the latest additions to Canada's only suite of double leveraged single stock ETFs based on popular, well-known actively trading stocks (the " Savvy ET...

Iran Targets US Base In Kuwait With Missile & Drones - Gulf Allies Denounce 'Terrorist Attacks' The government of Kuwait on Thursday has made clear it retains all rights to take measures to preserve its security, following a overnight Iranian missile strike. Kuwait's Foreign Ministry further condemned the fresh missile ⁠and drone ⁠attacks on its territory as ‌a serious escalation and " blatant violation of sovereignty and ⁠security." The Iranian launch, which Tehran says targeted a US base in Kuwait , came in response to US bombardment of an Iranian drone base near the southern city of Bandar Abbas which occurred just prior. via Associated Press In a new statement, US Central Command (CENTCOM) confirms that "At 10:17 p.m. ET on May 27, Iran launched a ballistic missile toward Kuwait that was successfully intercepted by Kuwaiti forces ." "This egregious ceasefire violation by the Iranian regime occurred hours after Iranian forces launched five one-way attack drones that posed a clear threat in and near the Strait of Hormuz," the US military statement continued. "All drones were successfully intercepted by U.S. forces which also prevented a sixth drone launch from an Iranian ground control site in Bandar Abbas," it added. "U.S. Central Command and regional partners remain vigilant and measured as we continue to defend our forces and interests from unjustified Iranian aggression." Additionally, the Gulf stated strongly condemned the fresh Iranian attack, with the head of the Gulf Cooperation Council (GCC), Jasem Mohamed Al-Budaiwi, denouncing it as follows : "The secretary-general pointed out that the continuation of these treacherous attacks is a flagrant violation of the principles of international law, the Charter of the United Nations, and the principles of good neighborliness." "His excellency affirmed the GCC countries’ full support for the state of Kuwait in all measures it takes to preserve its security and stability, and the safety of its citizens and resident...

Amazon has launched its second U.S. pilot project for electric cargo bikes, this time in Washington, D.C., as part of a broader effort to reduce transportation emissions and congestion by embracing small, lightweight vehicles for package delivery in dense urban environments. The retail and logistics goliath this month launched a 10-month program to assess how e-bikes can support package delivery operations in the nation’s capital, the District Department of Transportation said in a news release. During the trial, independent delivery partners will deliver Amazon (NASDAQ: AMZN) packages to customers using a fleet of up to 15 battery-powered e-cargo bikes. The e-cargo bikes have four wheels and a secure rear cargo hold, along with covered seating, a windshield and windshield wipers to protect delivery drivers from the elements. In 2024, Amazon also started testing a new e-bike model in Brooklyn and in May 2025, it announced the introduction of more than 250 of these bikes to deliver next-and same-day packages to customers in Manhattan. The e-cargo bikes in the District are loaded at an Amazon microhub located on a secure surface parking lot in Southwest, D.C. Couriers are increasingly deploying e-cargo bikes in cities, especially in Europe, where deliveries are concentrated close together. Bikes use pedestrian and commercial loading zones and operate in bike lanes, allowing packages to be delivered while helping to reduce traffic and noise, transportation planners say. UPS, for example, uses e-bikes for delivery in London. DHL Express uses cargo bikes throughout Europe. The reason e-bikes are used in Europe is that hourly wages are much less for drivers than in the United States and couriers can afford their use even though the number of parcels delivered is less per person than with a motor vehicle, said Satish Jindel, a parcel industry expert and president of ShipMatrix. Amazon’s lower wage scale, compared to FedEx and UPS, is also why it can utilize e-cargo bikes i...

Large asset managers are rolling out a wave of actively managed emerging-market ETFs, pitching them as alternatives to benchmarks increasingly dominated by AI stocks. Firms including Pictet Asset Management , T. Rowe Price Group and Baron Capital Group this year launched funds targeting companies such as commodity producers and technology suppliers, which they say are underrepresented in widely followed indexes. The offerings mark a shift from passive strategies tied to the MSCI Emerging Markets Index, which is increasingly driven by a small group of tech stocks, mirroring the concentration in the US. “There’s a whole world of other opportunity there” beyond the indexes, said Mark Boulton , senior investment manager for emerging market equities at Pictet, which launched the RISE ETF in late April. In a passive fund, “probably up to 40% of what you’re buying is a handful of very big tech stocks.” While the jury is still out on whether the newly launched funds can outperform their peers, the trend reflects a broader shift in how investors view emerging markets. Once treated largely as a macro trade tied to China, commodities and the dollar, the asset class has become more differentiated, with a growing pool of investors seeking targeted bets. All 11 emerging-market ETFs launched this year are run by portfolio managers rather than tracking indexes, according to data compiled by Bloomberg Intelligence, underscoring how issuers are marketing themselves as offering diversification. In doing so, though, the funds are largely avoiding the big tech stocks that have driven the bulk of the big emerging-market rally. The MSCI EM index has returned 24% this year, with five tech stocks — the biggest being Taiwan Semiconductor Manufacturing Co. — jumping, on average, more than 70%, according to Bloomberg calculations. Actively-managed ETFs are costlier than their passive counterparts and, SPIVA data shows , they tend to post weaker returns over the long term. That’s important for ...

Architect Financial Technologies, an offshore derivatives exchange operator, has bought a US-regulated trading venue as it seeks to launch a futures market in computing power and other artificial intelligence commodities. The compute futures will mark the company’s first move into US-listed onshore futures, founder Brett Harrison said in a phone interview. The contracts will settle based on indexes compiled by data provider Compute Desk, which aggregates spot prices for renting access to Nvidia Corp.’s Blackwell and Hopper graphics processing units. Architect already operates a Bermuda-regulated futures exchange that lists contracts on compute, as well as commodities, equities, foreign exchange and rates. That venue launched in February. Architect has finalized the acquisition of IMX Health, a derivatives exchange regulated by the US Commodity Futures Trading Commission, Harrison said. The venue will be renamed the American Innovation Exchange, or AI Exchange for short. AI Exchange will initially list futures and options on compute costs, before expanding into other contracts linked to the AI supply chain, including metals, energy and power. Architect also owns two US brokerage units: Architect Financial Derivatives, a futures intermediary, and Architect Securities, a broker-dealer. Financial details of Architect’s acquisition of IMX Health from IMX LLC were not disclosed. The launch is pending regulatory approval. Harrison held trading technology roles at Jane Street and Citadel Securities, and was president of FTX Group’s US arm from 2021 until leaving in September 2022, two months before the crypto exchange’s collapse in November 2022. A global shortage of computing power has limited AI developers’ ability to keep advancing their systems and forced many to cap use of their products. Surging demand for the computing resources needed to build and run AI models has fueled hundreds of billions of dollars of investment in new data centers, with some researchers projec...

Denis Shevchuk/iStock via Getty Images A company's management team is its biggest PR team when it comes to analysts and investors. Every single quarter, CEOs and other C-suite executives will come to the public and share information and insights about what their company is doing, what the sector is doing, and their outlook for the future. Many companies will provide guidance, whether that is on an annual basis or even on a forward-quarter basis. Visa ( V ) provides both annual guidance and guidance on what they expect the next quarter to look like, which can be extremely helpful to investors and analysts as they try to adjust and modify their portfolios based on all the information that's available to them. However, there can also be times when guidance causes more confusion than it does benefits. The reason is that sometimes companies will only include continuing operations in their guidance, even if operations are generating earnings but are not slated for sale. This means that at times guidance can see adjustments that may never actually materialize, and then that guidance becomes more detrimental than beneficial for most investors and can lead to confusion. There's one thing the market hates: confusion. Often, it will sell off or devalue companies that are overly confusing to understand or whose guidance provides more question marks than it does answers. Today, I want to check out a company that we've reviewed previously that has issued some guidance in good faith, which is causing nothing but confusion. Let's dive in! Management Guidance Causes Needless Market Confusion Spire ( SR ) is a regulated natural gas utility company with operations in Missouri, Tennessee, and Alabama. For the second quarter of their fiscal year, Spire generated non-GAAP earnings per share of $3.76, besting analyst estimates by $0.07 per share . On its face, its quarterly results were not that exciting, nor were they that worrisome because right now Spire's asset base is rapidly changin...

Roberto Schmidt/Getty Images News I don't care about the midterms - President Donald Trump Introduction At $96, Brent is currently implying a 60-day path to resolution. With the S&P 500 ( SPX ) ( SPY ) marking new all-time highs, many are calling the energy trade over. Trust me, I'd prefer this too. If energy goes down from here, we can write off the current inflation path as a temporary glitch and resume the party. But the structural evidence suggests the opposite. The US and Iran both have their own hard constraints, which make a clean deal hard, if not impossible. This is not a question of matters that are up for discussion: it is the core ideological necessities of both countries that are not reconcilable. What's more, in real time the ceasefire is proving that it is one only in name. The current market pricing of the resolution does not line up with the EIA or the IEA's bull case assumptions, which would still require a multi-quarter recovery. Sooner, rather than later, the market has to contend with the fact that we are pricing for a deal that cannot be reached. When this happens, the discounting of future barrels happens on a different term, and the whole oil price curve needs to reprice. When this happens, it will likely be sudden. No party can settle. Mojtaba Khamenei, Iran's new Supreme Leader, has been described by Al Jazeera as adopting "the positions of his father with respect to the United States and with respect to Israel," and is expected "to be a confrontational leader." Iran's negotiating positions since the ceasefire have only confirmed this. Their Foreign Minister Araghchi has been very clear about this: no uranium enrichment means no deal. Iran is demanding to defer the nuclear question and to first come to an agreement on Hormuz. Yesterday they circulated a draft MoU between them and the US, which implied Hormuz would open but under Iranian control. The US responded, saying there would be no deal where Hormuz wouldn't be free. They proceeded to...