The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings. SEC Chairman Paul Atkins said he would welcome reform to the so-called “gun-jumping” rules, which haven’t been updated in more than 20 years. “The ways in which busin...
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings. SEC Chairman Paul Atkins said he would welcome reform to the so-called “gun-jumping” rules, which haven’t been updated in more than 20 years. “The ways in which businesses communicated with employees, customers, and potential investors at that time bears little resemblance to how they do so now,” Atkins said in prepared remarks at a Stanford University event on Tuesday. “I look forward to constructing a more harmonized set of rules that offer clarity, simplicity, and congruity with today’s technology.” Atkins has lamented the decline in the number of US public companies since the 1990s and has pledged to roll back rules and craft industry-friendly policies to spur market action. The agency last week unveiled sweeping proposals that could let new large issuers temporarily avoid many of the agency’s strongest disclosure rules. Part of that proposal would allow companies labeled “large accelerated filers” to skip certain requirements for up to five years. Read more: SEC Floats Reducing Issuer Disclosures in Push for More IPOs The agency will take public feedback on that proposal for 60 days.
Their approach has failed, and last week Secretary of State Marco Rubio said the US was not interested in hosting "an endless cycle of meetings that lead to nothing". He has since clarified that the US remains ready to mediate "if that opportunity presents itself".
Their approach has failed, and last week Secretary of State Marco Rubio said the US was not interested in hosting "an endless cycle of meetings that lead to nothing". He has since clarified that the US remains ready to mediate "if that opportunity presents itself".
Boise-based Micron Technology has officially crossed into rare territory on Wall Street, briefly topping a $1 trillion market valuation Tuesday after another explosive rally in semiconductor stocks. Shares of Micron (NASDAQ: MU) surged nearly 20% during Tuesday trading, extending gains from the previous session as investors poured money into artificial intelligence-related chipmakers and memory ma...
Boise-based Micron Technology has officially crossed into rare territory on Wall Street, briefly topping a $1 trillion market valuation Tuesday after another explosive rally in semiconductor stocks. Shares of Micron (NASDAQ: MU) surged nearly 20% during Tuesday trading, extending gains from the previous session as investors poured money into artificial intelligence-related chipmakers and memory manufacturers. The rally pushed Micron’s market capitalization above the trillion-dollar threshold for the first time in company history, a milestone achieved by only a handful of U.S. tech companies. Micron, founded in Boise in 1978, has become one of the biggest beneficiaries of the global AI boom, fueled by surging demand for high-bandwidth memory chips used in data centers, AI servers, and advanced computing systems. Analysts say the company’s dominance in memory technology has transformed it from a historically cyclical chipmaker into a central player in the AI infrastructure race. The latest jump came after UBS dramatically raised its price target on Micron stock, citing accelerating AI demand and strong long-term supply agreements across the memory industry. By Tuesday afternoon, Micron shares had climbed above $890 per share after trading below $100 less than a year ago. The company’s rise has also become a major economic story for Idaho. Micron remains one of Idaho’s largest private employers and is in the middle of a massive U.S. expansion tied to federal semiconductor incentives and domestic chip manufacturing initiatives. The company has announced tens of billions of dollars in planned investments nationwide as the U.S. races to strengthen domestic semiconductor production. The stock surge also lifted the broader semiconductor sector Tuesday, with companies including Marvell, AMD, Qualcomm, and Western Digital posting major gains as investors doubled down on AI-related technology stocks. Micron’s ascent marks a stunning turnaround for a company that, for decades, ...
Waiting times for public housing have been frustratingly long in Hong Kong, where geographical constraints have made the problem worse than in many global cities. There was a welcome sign of improvement earlier this month when the authorities revealed they had hit an important milestone after speeding up construction of subsidised rental homes. The average wait for long- and short-term general app...
Waiting times for public housing have been frustratingly long in Hong Kong, where geographical constraints have made the problem worse than in many global cities. There was a welcome sign of improvement earlier this month when the authorities revealed they had hit an important milestone after speeding up construction of subsidised rental homes. The average wait for long- and short-term general applicants for subsidised public rental housing fell to 4.7 years as of March, according to data released on May 14. It was the first time under the current administration that the average was less than five years. The authorities deserve credit for the rapid deployment of temporary flats for public rental home applicants who had been waiting for at least three years. Wait times were reduced in part because of the 2022 initiative to ease the shortage. Advertisement About 9,500 light public flats were built in 2025 and the government plans to finish another 20,300 units this year. The goal is to provide 30,000 homes by 2027. Even a few months of relief is significant but a comprehensive solution to the shortage of permanent housing is still needed. Half a decade can be a challenging wait for those needing homes. Temporary flats are welcome, but they cannot offer housing security. Advertisement The figures released recently also indicated that the average waiting time for general applicants – defined as family or elderly households – reached 5.6 years over the past 12 months, compared with 5.5 years last September and 5.4 years in June. The average waiting time for single elderly applicants was 3.9 years.
Editor's note: Seeking Alpha is proud to welcome Crossroads Capital as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Aldi Irvan Darmansyah/iStock via Getty Images During the first quarter of 2026, Crossroads Cap...
Editor's note: Seeking Alpha is proud to welcome Crossroads Capital as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Aldi Irvan Darmansyah/iStock via Getty Images During the first quarter of 2026, Crossroads Capital Investment Partners, LP (the “Fund”) appreciated by 4.2% net of all fees and expenses. On a five-year annualized basis, the Fund has returned 8.6% gross and 7.0% net . Since inception, it has compounded at a rate of 21.3% gross and 17.1% net . As of March-end 2026, the Fund’s total non-delta-adjusted gross and net exposure stood at 114.1% and 73.3% . Additional information on both the current portfolio and our historical gross and net returns is available at www. crossroadscap. io . Returns vs. Relevant Indices ¹ YTD 3-Year(Annualized) 5-Year(Annualized) Since Inception(Annualized) Since Inception(Cumulative) Gross RelativeOutperformance(Annualized) Crossroads (Gross) 5.3 23.2 8.6 21.3 565.0 n/a Crossroads ( NET ) 4.2 19.8 7.0 17.1 373.2 n/a Russell 2000 Value ( IWN ) 4.9 13.5 5.5 9.1 135.1 12.2 MSCI World Small Cap(ZPRS. DE) 1.1 10.5 5.5 8.7 126.5 12.6 S&P 500 Total Return ( SPY )(^SP500TR) (4.3) 18.3 12.1 14.2 267.4 7.1 Click to enlarge Q1 2026 Market Commentary Update In our Q4 2025 update, we highlighted a market that had metabolized 2025’s uncertainty with surprising composure, once an understanding of the behavioral patterns in some key individuals was better internalized. Q1 put that cognitive capacity to a real test. Geopolitical escalation tied to Trump’s increasingly unpredictable foreign policy produced the kind of quarter in which a manager’s judgment in the face of uncertainty is put on display—for better or worse. The S&P 500 declined approximately 4.3% in Q1. Standing alone, that number looks disappointing. But consider that Brent crude surged more than ...
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets Authored by Wolf Richter via Wolf Street , The price drops are getting relentlessly steeper: I n 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024. Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price ex...
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets Authored by Wolf Richter via Wolf Street , The price drops are getting relentlessly steeper: I n 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024. Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price explosions, especially from mid-2020 to mid-2022, exceeding 50%, 60%, or even 70% in just two years in some cities. In the 10 years to the peak, prices had soared by 180% to 350% in these markets. And these bubbles have started to deflate. In 2 of the cities, prices of mid-tier condos dropped by over 30%. In five other markets, prices dropped by 20% to 28%. In another 3 cities, prices dropped by 19%. These are starting to be substantial declines over a multiyear period. In several of these markets, condo prices have now dropped below their peaks of Housing Bubble 1 in 2006/2007 and are back where they'd been 20 years ago. In a few other markets, prices have dropped close to their peaks of Housing Bubble 1. Those charts are marked with a red line. There are also many smaller markets where condo prices have dropped just as much or more, but that are not included here because they're too small. Most of the markets here are "cities." But the line-up also includes three counties where the cities, though household names, are too small to be included individually . And it includes one metropolitan statistical area, the Lakeland-Winter Haven MSA in Florida, for the same reason. In some densely populated cities, condos and co-ops make up a big part or the majority of home sales. In most other markets, condos are a much smaller portion of home sales. Rank Market Since Peak Year Of Peak 1 Cape Coral, FL -33% 2022 2 Oakland, CA -31% 2022 3 St. Petersburg, FL -28% 2022 4 Austin, TX -27% 2022 5 Fort Myers, FL -26% 2023 6 Sarasota County, FL -24% 2022 7 Tampa, FL -20% 2022 8 Garland, TX -19...
Preparations are underway at the White House South Lawn for an upcoming Ultimate Fighting Championship (UFC) event. The cage fight is scheduled to take place 14 June as part of the America 250 celebrations. US President Donald Trump said UFC president Dana White, a longtime ally, will build “a 5,000-seat arena right outside the front door of the White House”, along with eight large screens in a ne...
Preparations are underway at the White House South Lawn for an upcoming Ultimate Fighting Championship (UFC) event. The cage fight is scheduled to take place 14 June as part of the America 250 celebrations. US President Donald Trump said UFC president Dana White, a longtime ally, will build “a 5,000-seat arena right outside the front door of the White House”, along with eight large screens in a nearby park for fans to watch from a distance.
Construction is under way on the White House lawn for an Ultimate Fighting Championship (UFC) arena that will host a cage match next month to mark the US’s 250th anniversary and Donald Trump’s 80th birthday. The mixed martial arts fight is planned for 14 June. Photos of cranes and other construction equipment on the White House lawn on Tuesday showed the beginnings of the temporary construction. T...
Construction is under way on the White House lawn for an Ultimate Fighting Championship (UFC) arena that will host a cage match next month to mark the US’s 250th anniversary and Donald Trump’s 80th birthday. The mixed martial arts fight is planned for 14 June. Photos of cranes and other construction equipment on the White House lawn on Tuesday showed the beginnings of the temporary construction. Trump has said that the finished project will feature “a 5,000-seat arena right outside the front door of the White House”. Online renderings depict what the completed, wire-mesh-fence-ringed fight space is expected to look like. The octagon-shaped cage will be ringed by a red, white and blue stage under a towering arch featuring stars and stripes patterns and two large screens carrying the action live. View image in fullscreen Equipment is seen being placed on the South Lawn of the White House on Tuesday. Photograph: Mark Schiefelbein/AP The cage and stage will themselves be surrounded by thousands of temporary seats, including ringside space for a full marching band that can set the entire scene to blaring music. Trump first floated the idea of hosting a UFC fight on the White House grounds last year, during an appearance in Idaho on the Fourth of July when he announced festivities planned to celebrate the country’s 250th birthday. “Think of this on the grounds of the White House. We have a lot of land there,” he said, originally adding that it would be a “full fight” with 20-25,000 people in attendance. In December, Trump said the White House event would host “eight or nine championship fights – the biggest fights they’ve ever had”. But like the size of the crowd, the number of fights expected to be held on the White House lawn has shrunk. The fight card includes two title fights: a lightweight championship fight between Ilia Topuria and Justin Gaethje in the main event, and an interim heavyweight title fight between Alex Pereira and Ciryl Gane. Trump has long been a fan ...
But in West Bengal and Tripura - once the great bastions of Left power - the communists have been reduced to a shadow of their former self. Nationally, the CPI (M)'s share of the popular vote has fallen from more than 6% at its peak in the 1980s to below 2% in recent general elections.
But in West Bengal and Tripura - once the great bastions of Left power - the communists have been reduced to a shadow of their former self. Nationally, the CPI (M)'s share of the popular vote has fallen from more than 6% at its peak in the 1980s to below 2% in recent general elections.
GE Vernova (GEV +3.12%) stock had a good start to the holiday-shortened trading week. The sprawling energy company is the largest gas turbine manufacturer in the world, and had positive news to share about these products. In reaction, investors traded the company's stock up by more than 3% on Tuesday. 4 million reasons to be cheerful Before market open, GE Vernova announced that its H-class gas tu...
GE Vernova (GEV +3.12%) stock had a good start to the holiday-shortened trading week. The sprawling energy company is the largest gas turbine manufacturer in the world, and had positive news to share about these products. In reaction, investors traded the company's stock up by more than 3% on Tuesday. 4 million reasons to be cheerful Before market open, GE Vernova announced that its H-class gas turbine fleet surpassed 4 million commercial operating hours. The class, comprised of the 7HA and 9HA ultra-high-efficiency turbines, was introduced in 2016. Since then, the fleet has expanded to 128 units operating in 21 countries worldwide. All told, they have generated roughly 74 gigawatts of power plant capacity. In the press release touting this feat, GE Vernova quoted the CEO of its power segment, Eric Gray, as saying that "This milestone reflects the confidence our customers have placed in GE Vernova's HA technology and its established role in supporting flexible power generation around the world." He added that "as electricity demand rises and energy security is seen as national security, customers are increasingly focused on solutions that can deliver reliable, efficient, and more flexible power." Expand NYSE : GEV GE Vernova Today's Change ( 3.12 %) $ 32.36 Current Price $ 1071.10 Key Data Points Market Cap $279B Day's Range $ 1045.51 - $ 1094.98 52wk Range $ 458.65 - $ 1181.95 Volume 70.5K Avg Vol 2.5M Gross Margin 20.16 % Dividend Yield 0.14 % Quite a money spinner Gas turbines are crucial to GE Vernova. Last year, more than half of the energy specialist's total orders were booked by its Power unit, which specializes in different types of turbines. In its press release, the company noted that the significant power needs of facilities like data centers are driving demand for such products. That 4 million-hour milestone means scores of well-serviced customers, and a deserved enhancement to the company's reputation and leading position in the gas turbine segment. I'd...
Naruecha Jenthaisong | Moment | Getty Images A federal judge has been disciplined for having sex their chambers with a high-ranking law enforcement officer within earshot of staff, attending a partisan political event and for lying to superior judges who investigated the claims, a disciplinary committee revealed. But the identity of the judge and the district court in which they sit is being kept ...
Naruecha Jenthaisong | Moment | Getty Images A federal judge has been disciplined for having sex their chambers with a high-ranking law enforcement officer within earshot of staff, attending a partisan political event and for lying to superior judges who investigated the claims, a disciplinary committee revealed. But the identity of the judge and the district court in which they sit is being kept private by the Committee on Judicial Conduct and Disability of the Judicial Council of the United States in its decision issued Friday , which was reported earlier by Law360 and Reuters. The committee, comprised of seven judges, upheld the findings of judicial misconduct issued in February by the Judicial Council of the 11th Circuit , the federal appeals court circuit that handles cases arising from U.S. District Courts in Alabama, Georgia and Florida. The 11th Circuit imposed sanctions on the judge, who agreed to them, which included ordering that they write letters of apology to six former law clerks who were interviewed in the probe; foregoing service as the chief judge in the federal district where they sit; and refraining from sitting on any Judicial Conference committee. A spokesperson for the Administrative Office of the U.S. Courts declined to comment on the decision, which affirmed those sanctions, and on the withholding of the judge's name. According to the decision, William Pryor, the chief circuit judge of the 11th Circuit, in September, was made aware of a complaint against the unnamed judge based on a memorandum received by the chief judge in the district. "The information in the Chief District Judge's memorandum came from one of the subject judge's law clerks," the decision said. "The law clerk reported that, on multiple occasions, the subject judge engaged in sexual activity with a uniformed law enforcement officer in chambers during work hours within earshot of the judge's staff," the decision said. "The law clerk also reported that the subject judge failed...