Facebook Plus and Instagram Plus are priced at $3.99 per month, and WhatsApp Plus at $2.99 per month; the Meta AI subscription starts at $7.99 per month. Meta Platforms, Inc. shares rose 3.4% to a one-month high on Wednesday before edging slightly lower overnight, after the tech giant announced subscription offerings for its flagship apps — Instagram, Facebook, and WhatsApp — and outlined early pl...
Facebook Plus and Instagram Plus are priced at $3.99 per month, and WhatsApp Plus at $2.99 per month; the Meta AI subscription starts at $7.99 per month. Meta Platforms, Inc. shares rose 3.4% to a one-month high on Wednesday before edging slightly lower overnight, after the tech giant announced subscription offerings for its flagship apps — Instagram, Facebook, and WhatsApp — and outlined early plans to open its cloud computing infrastructure to external businesses. The news coincided with the company’s annual shareholder meeting. During the meeting, Meta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and ends up with excess capacity, CNBC reported. “It’s definitely on the table,” Zuckerberg reportedly said, in response to a question about potentially competing with Amazon and Microsoft in cloud computing. Reiterating a view from the company’s last earnings call in April, Zuckerberg said that “almost every week there are different companies that come to us from outside asking us to both stand up an API service or asking if we have compute that they could buy from us at some premium to what we’ve bought it at.” Earlier in the day, Meta announced the rollout of subscription plans for its apps, with Facebook Plus and Instagram Plus priced at $3.99 per month and WhatsApp Plus at $2.99 per month, according to details shared with multiple media outlets. The company also said subscriptions for its AI chatbot, Meta AI, would cost $7.99 per month for the basic tier and $19.99 per month for the premium tier. Crucially, the developments come just a week after the social media giant laid off 10% of its 78,000-person workforce, in part to fund its AI spending. Last month, Meta raised its 2026 guidance for AI-related capital expenditures to between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion. Metaverse To AI To Cloud Computing? Meta has been investing billions of dollars into ne...
zhudifeng/iStock via Getty Images Introduction FuelCell Energy, Inc. ( FCEL ) is a stationary fuel cell producer with headquarters in the US. The stock is up more than 300% since April lows, despite being in a very fragile financial position with cash burn, constant equity dilution, and even negative gross margins. There is no denying that this is a risky investment. Most conservative investors wo...
zhudifeng/iStock via Getty Images Introduction FuelCell Energy, Inc. ( FCEL ) is a stationary fuel cell producer with headquarters in the US. The stock is up more than 300% since April lows, despite being in a very fragile financial position with cash burn, constant equity dilution, and even negative gross margins. There is no denying that this is a risky investment. Most conservative investors would exclude FuelCell from the investment universe after glancing at the financial statements for 30 seconds. However, I believe a deep dive into FuelCell makes sense. The company is currently facing the best commercial opportunity in its 55-year history. The AI boom is at full speed, and data centers are struggling to obtain reliable and uninterrupted sources of power, driving up the demand for fuel cells. FCEL has a realistic but time-sensitive chance of capitalizing on this environment. The company needs to scale Torrington production to 100 MW and convert its data center pipeline into signed contracts before cash reserves become critically thin. The chart below demonstrates how market sentiment for fuel cell producers is strong. The poster child of the boom has been Bloom Energy ( BE ) with a 1-year return of 1,290%. Data by YCharts I give a HOLD recommendation for FCEL with a price target of $27.40 (+12% upside to the current price of $24.34). Although the prospects for the company are improving, most of the low-hanging fruit is already priced in after the recent 300% rally. To sustain a further re-rating, management needs to show at least 2 clean quarters with positive EBITDA and a concrete plan to expand Torrington to 350 MW. Until those conditions are met, I am taking a wait and see approach (more details in the scenario analysis section below). What does FuelCell actually do? In the 2025 Annual report, FuelCell is defined as follows FuelCell Energy is a clean energy technology company and a stationary fuel cell manufacturer with 22 years of operating experience in t...
Ex-CIA official charged with stealing millions of dollars in gold bars toggle caption Carolyn Kaster/AP A former senior CIA official with top secret-level clearance is accused of stealing hundreds of gold bars worth more than $40 million from the federal government and stashing them in his home. David Rush was arrested and charged with criminal theft of public money last week, according to federal...
Ex-CIA official charged with stealing millions of dollars in gold bars toggle caption Carolyn Kaster/AP A former senior CIA official with top secret-level clearance is accused of stealing hundreds of gold bars worth more than $40 million from the federal government and stashing them in his home. David Rush was arrested and charged with criminal theft of public money last week, according to federal court filings in Virginia, where he lives. From November to March, Rush requested and received a "significant quantity of foreign currency and tens of millions of dollars in gold bars for work-related expenses," according to an affidavit from an FBI agent investigating the case. The affidavit says its unclear what Rush intended to use the funds for, but that a portion of it was found in a storage space near his office. Sponsor Message Federal officials searched his home on May 18 and seized more than 300 gold bars with an estimated value of more than $40 million, according to the affidavit. They also seized roughly $2 million in U.S. currency and some 35 luxury watches, many of them Rolexes. Rush was arrested the next day, the FBI said. The FBI affidavit concludes that there's probable cause to believe that Rush "knowingly embezzled, stole, purloined, or knowingly converted a thing of value of the United States" for his personal use. The FBI said it was working with the CIA and Department of Justice in its investigation. Rush's lawyer declined to comment Wednesday. It's not clear what role Rush had at the CIA or when he left the agency. He's described in court filings simply as a "former senior executive service-level employee at a United States government agency." Spokespersons for the FBI declined to comment further, and the CIA didn't respond to an email. The FBI affidavit also notes that Rush appears to have lied for years about his education and military background. The bureau's investigation found he had falsely claimed to be a Navy pilot and that he'd graduated from...
(RTTNews) - European stocks are seen opening lower on Thursday as investors weigh renewed U.S.-Iran tensions and await the release of the Fed's favorite inflation gauge, the core PCE price index, later in the day for fresh clues on the monetary policy path forward under new chair Kevin Warsh. Amid elevated energy prices, analysts expect the PCE price index to have risen by an annual 3.8 percent in...
(RTTNews) - European stocks are seen opening lower on Thursday as investors weigh renewed U.S.-Iran tensions and await the release of the Fed's favorite inflation gauge, the core PCE price index, later in the day for fresh clues on the monetary policy path forward under new chair Kevin Warsh. Amid elevated energy prices, analysts expect the PCE price index to have risen by an annual 3.8 percent in April, up from 3.5 percent in March and well above the long-run rate of 2 percent targeted by the U.S. central bank. Fed Vice Chair Philip Jefferson said on Wednesday that inflationary risks are tilted to the upside and that the current setting of monetary policy is in the right place. Separately, Fed governor Lisa Cook said she would be prepared to raise interest rates in response to rapidly rising prices. Asian markets slipped from record highs as investors reacted to mixed messaging over a possible U.S.-Iran peace deal. As fragile talks with Iran continue, the U.S. military shot down four Iranian drones and struck a control center in the southern port city of Bandar Abbas to prevent a fifth drone launch. Iran's Islamic Revolutionary Guard (IRGC) said that it targeted a U.S. airbase in Kuwait in response to the latest American aerial strike. Earlier, U.S. President Donald Trump Indicated that negotiations with Iran were still facing major sticking points and warned Oman against attempting to influence control over the Strait of Hormuz. Gold slipped to a two-month low below $4,400 an ounce as new U.S. strikes in Iran lifted the dollar and U.S. Treasury yields. Brent crude futures jumped nearly 4 percent toward $98 a barrel, after having fallen more than 5 percent in the previous session to reach their lowest level in a month. U.S. stocks inched up slightly overnight despite mixed signals about prospects for a deal to end the war in Iran and revive energy flows through the Strait of Hormuz. U.S. Secretary of State Marco Rubio said there has been some progress in negotiatio...
FOTOKITA/iStock via Getty Images Introduction Back when I last covered Northern Star Resources Limited ( NESRF ), I highlighted the company's attractive valuation in a potential new era for gold, while they were advancing on unwinding their hedge book to enjoy the spot prices, although I also noted the guidance cut due to operational issues at some of their projects. With the CEO stepping down aft...
FOTOKITA/iStock via Getty Images Introduction Back when I last covered Northern Star Resources Limited ( NESRF ), I highlighted the company's attractive valuation in a potential new era for gold, while they were advancing on unwinding their hedge book to enjoy the spot prices, although I also noted the guidance cut due to operational issues at some of their projects. With the CEO stepping down after yet another guidance cut that caused the stock to crash significantly alongside the fall in gold prices, Northern Star remains a Buy, backed by a strong and healthy business that can have plenty of turnaround potential under the right management, especially given gold’s own repricing advancing. Pivotal Year Advancing, CEO Exits Northern Star’s Q3'FY26 report was expectable overall given their March update that I'll mention right below, with the group underlying FCF reaching A$301 million (US$215.55 million), announcing that KCGM open pit and underground mining are trending toward their annual target rates with accelerated volumes thanks to high-grade in Golden Pike North, with improved gold grades at Pogo thanks to the successful stope optimization in new areas but also an operational review underway at Jundee. They also continued on the previously mentioned hedging book unwinding, with about 165,000 ounces delivered during the quarter and 950,000 ounces at a price of A$3,350 (~US$2,400) left, which is certainly not great, although it can set the stage for a major turnaround when paired with the other developments. Northern Star Resources Limited IR The stock crashed by the most since 2010 back in March (18.75%) due to even more operational problems, announcing the second cut in production guidance in just a matter of months, this time expecting “above 1.5 million,” which they confirmed in the latest report, with the AISC coming at A$2,600 to A$2,800 per ounce (US$1,862 to US$2,005), with the CEO reminding us during their Q3’FY26 Earnings Call : As previously disclosed, ...
Global investors are increasing long‑term commitments to India’s affordable and middle‑income housing sector, despite currency pressures and near‑term market volatility. This segment examines why foreign capital is targeting Indian real estate and private credit, and how infrastructure spending and demographic trends are shaping demand. With a persistent housing supply gap and rising urbanisation,...
Global investors are increasing long‑term commitments to India’s affordable and middle‑income housing sector, despite currency pressures and near‑term market volatility. This segment examines why foreign capital is targeting Indian real estate and private credit, and how infrastructure spending and demographic trends are shaping demand. With a persistent housing supply gap and rising urbanisation, the focus is on risk‑adjusted returns, private credit, and the role of government policy in supporting development. Vipul Roongta, CEO of HDFC Capital Advisors, joined Haslinda Amin on Insight with Haslinda Amin to discuss fundraising trends, deployment plans, and the outlook for India’s housing market. (Source: Bloomberg)
Zelfit/iStock via Getty Images I've stayed positive on Kingsoft Cloud Holdings Limited ( KC ) (3896.HK). This considers the more rapid pace of growth in its 1Q26 revenues and a highly probable profitability expansion for the full year. My constructive view of KC's 3Q25 EBITDA margin accretion and encouraging medium-term outlook was detailed in the earlier November 24, 2025, write-up . Q1 Top Line ...
Zelfit/iStock via Getty Images I've stayed positive on Kingsoft Cloud Holdings Limited ( KC ) (3896.HK). This considers the more rapid pace of growth in its 1Q26 revenues and a highly probable profitability expansion for the full year. My constructive view of KC's 3Q25 EBITDA margin accretion and encouraging medium-term outlook was detailed in the earlier November 24, 2025, write-up . Q1 Top Line Surprises the Market The firm unveiled its most recent financials in a 6-K filing on Wednesday, May 27. KC's Jan-Mar '26 sales were 37% higher at CNY2.70 billion on a YoY basis. As per S&P Capital IQ, that's 5% above the analysts' forecast of CNY2,572 million. The actual 4Q2025 and 1Q2025 growth rates were inferior at +24% and +11%, respectively. My late-2025 article indicated that "KC is benefiting from a progression in the AI development cycle for China." At that time, I also drew attention to "new wins in promising business areas." These continued to have a favorable impact on its performance during the latest three-month period. The group's 6-K revealed that the "AI business grew 90% year-over-year, accounting for more than half of the revenue from public cloud." The AI-related contribution for this segment was less substantial at 39% in 1Q25. Also, the 1Q briefing (S&P Capital IQ transcript) comments pointed to a "more balanced customer mix" involving those from "autonomous driving, logistics, fintech, and gaming." I'm impressed that its quarterly turnover generated by the five biggest non-shareholder clients rose almost two-thirds on YoY terms. Separately, KC's 1Q2026 EBITDA of CNY0.75 billion represented a 2% beat against consensus and a 135% year-on-year surge. The EBITDA-to-revenue expanded meaningfully by 1,148bps to 27.65% last quarter. My take is that its profits were enhanced by business composition changes and operating leverage. Management noted at the results meeting that "token services delivered exceptionally strong growth." This income stream has better "...
Situational Awareness LP, an AI-focused investment fund run by former OpenAI researcher Leopold Aschenbrenner, has bought a 5.6% stake in Nebius Group ( NBIS ). According to a Schedule 13G filing with the SEC, the fund bought 12.41 million Class A shares of the tech company, making Nebius one of its biggest investments. This major vote of confidence from a prominent AI investor excited the market,...
Situational Awareness LP, an AI-focused investment fund run by former OpenAI researcher Leopold Aschenbrenner, has bought a 5.6% stake in Nebius Group ( NBIS ). According to a Schedule 13G filing with the SEC, the fund bought 12.41 million Class A shares of the tech company, making Nebius one of its biggest investments. This major vote of confidence from a prominent AI investor excited the market, causing Nebius ( NBIS ) stock to jump over 12% overnight to around $233.6 per share. More on Nebius Group Nebius: Verticalization Is Strengthening The Bull Case Why I'm Rating Nebius A Strong Buy After The April Rally Nebius: Consider The Unit Economics And You'd Be As Bullish As I Am Too Nebius, CoreWeave, Iren surge as Nvidia discloses H100 rental prices continue to rise SA analyst upgrades/downgrades: TGT, GOOG, ZIM, NBIS
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company's IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters The U.S. Commodity Futures Trading Commission asked a judge on Wednesday to vacate the agency's $5 million penalty against a cryptocurrency exchange founded by twin brothers who donated to President Donald Trump's election campai...
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company's IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters The U.S. Commodity Futures Trading Commission asked a judge on Wednesday to vacate the agency's $5 million penalty against a cryptocurrency exchange founded by twin brothers who donated to President Donald Trump's election campaign in 2024. The CFTC said regulators should never have accused Tyler and Cameron Winklevoss' Gemini Trust Company of making false statements in connection with its bitcoin futures business. Gemini settled the CFTC charges in January 2025 during the final weeks of President Joe Biden's administration, paying a $5 million penalty and agreeing to an injunction that would prevent the company from making any false or misleading statements to the CFTC. But Gemini and the CFTC have now agreed that the settlement should be vacated, citing the CFTC's changed policy on crypto enforcement under Trump. The Winklevoss brothers each donated $1 million in bitcoin to his election campaign in 2024. The CFTC and Gemini said in jointly filed court papers that the settlement should be rescinded and the CFTC had "resorted to inappropriate tactics" to bring a lawsuit and "extract a settlement from Gemini." The CFTC and Gemini said that the agency, under the Biden administration, brought a lawsuit against Gemini based on a whistleblower account that was not credible, and that Gemini was actually the victim of a fraud by the company's former chief operating officer and two customers who received fraudulent rebates from Gemini. Rather than investigating the fraud against Gemini, the CFTC investigated Gemini for making allegedly misleading statements about the integrity of its bitcoin futures trading business, according to the joint court filing. While the case was pending, regulators inappropriately leveraged their power by telling Gemini that it would not receive approval for a new prediction mark...
Micron's (MU +3.50%) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more than double from where it was trading before the hike. Micron has now topped $1 trillion in market value, putting it in an elite stock club along with the "Magnificent Seven" and chip stock peers like Broadcom and Taiwan Semiconductor. ...
Micron's (MU +3.50%) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more than double from where it was trading before the hike. Micron has now topped $1 trillion in market value, putting it in an elite stock club along with the "Magnificent Seven" and chip stock peers like Broadcom and Taiwan Semiconductor. The stock added to those gains on Wednesday, topping $900 per share, and nearly eclipsed $1,000 for the first time in pre-market trading, making its individual shares among the highest-priced on the market. At this point, with the stock continuing to soar, investors are likely wondering if a stock split is in its future. It's a good question. Let's take a look at what the prospects are for a Micron stock split. Micron's stock split history Micron hasn't split its stock since the dot-com era. The company has issued three stock splits in its history as follows. Date Split 5/2/2000 2-for-1 5/23/1995 2-for-1 4/19/1994 5-for-2 If you had one share before 1994, then you would have 10 shares after the splits. The pause in stock splits following the dot-com bubble bursting with other tech stocks as splits were common during the dot-com era, though the collapse seemed to chasten companies away from it. However, as Micron approaches $1,000 a share, the case for a stock split is getting stronger, as its share price has never been higher before. Why a Micron stock split makes sense Stock splits don't change the fundamentals of a stock. It's just splitting the pie into more pieces, but they can affect the stock in other ways, and investors generally respond favorably to them. First, they act as a sign that management expects the stock to go higher. After all, companies control the timing of stock splits, and it only makes sense to do them if management expects the stock to go higher. Micron has a lot of bullish momentum at the moment. In fact, the stock jumped nearly 20% just on a price...
Muddy Waters Research CEO Carson Block joined Insight with Haslinda Amin to discuss the sustainability of the AI rally, risks to the labour market, and how these shifts could reshape global equity markets, including India. (Source: Bloomberg)
Muddy Waters Research CEO Carson Block joined Insight with Haslinda Amin to discuss the sustainability of the AI rally, risks to the labour market, and how these shifts could reshape global equity markets, including India. (Source: Bloomberg)
(RTTNews) - FedEx Freight Holding Company (FDXF) will replace American Airlines Group Inc. (AAL) in the Dow Jones Transportation Average effective prior to the open of trading on June, 1, 2026. Dow Jones Transportation Average constituent FedEx Corp. (FDX) is spinning off FedEx Freight Holding Company in a transaction expected to be completed on June 1. Post spin-off, parent FedEx will remain in t...
(RTTNews) - FedEx Freight Holding Company (FDXF) will replace American Airlines Group Inc. (AAL) in the Dow Jones Transportation Average effective prior to the open of trading on June, 1, 2026. Dow Jones Transportation Average constituent FedEx Corp. (FDX) is spinning off FedEx Freight Holding Company in a transaction expected to be completed on June 1. Post spin-off, parent FedEx will remain in the DJTA. The Dow Jones Transportation Average is a price weighted index, and very low-priced stocks have an immaterial impact on the index. S&P Dow Jones Indices is a division of S&P Global (SPGI). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The strikes come despite a ceasefire between Tehran and Washington as the two countries hold talks to end the three-month-long conflict that has effectively closed the key Strait of Hormuz waterway, pushing up the cost of energy around the world.
The strikes come despite a ceasefire between Tehran and Washington as the two countries hold talks to end the three-month-long conflict that has effectively closed the key Strait of Hormuz waterway, pushing up the cost of energy around the world.