Plays about political extremes, religious sects, swimming the Channel and an 80th birthday party are among the highlights at this summer’s arts spectacular Producer Francesca Moody has shown a sure touch for spotting fringe hits ( Fleabag and Baby Reindeer among them). Her new offering, by Australia’s Hannah Reilly, is about a feminist podcaster who becomes an online “slutfluencer” to earn some ea...
Plays about political extremes, religious sects, swimming the Channel and an 80th birthday party are among the highlights at this summer’s arts spectacular Producer Francesca Moody has shown a sure touch for spotting fringe hits ( Fleabag and Baby Reindeer among them). Her new offering, by Australia’s Hannah Reilly, is about a feminist podcaster who becomes an online “slutfluencer” to earn some easy money, but has a price to pay. Summerhall, 6-31 August Continue reading...
The countdown for Grand Theft Auto VI is on. Take-Two Interactive (NASDAQ: TTWO) has confirmed a Nov. 19 release date for the blockbuster title. It's widely considered to be the largest entertainment release in history, with some analysts projecting sales of up to 40 million units in its first year. GTA VI is launching into a gaming market far different from the one that welcomed GTA V more than a...
The countdown for Grand Theft Auto VI is on. Take-Two Interactive (NASDAQ: TTWO) has confirmed a Nov. 19 release date for the blockbuster title. It's widely considered to be the largest entertainment release in history, with some analysts projecting sales of up to 40 million units in its first year. GTA VI is launching into a gaming market far different from the one that welcomed GTA V more than a decade ago. The live-service space is crowded today, with competition from the likes of Fortnite and Roblox . Beyond the battle for gamer attention, established publishers also face the threat of artificial intelligence (AI), which could lower development costs and speed up time-to-market. Continue reading
N Rotteveel/iStock Editorial via Getty Images The cryptocurrency market has erased more than $2T in value since reaching a record high in October 2025 and is now down 48% from that peak, according to data highlighted by The Kobeissi Letter. The decline follows a turbulent period for digital assets, with Bitcoin ( BTC-USD ) coming under pressure amid heavy liquidations, risk-off sentiment, and conc...
N Rotteveel/iStock Editorial via Getty Images The cryptocurrency market has erased more than $2T in value since reaching a record high in October 2025 and is now down 48% from that peak, according to data highlighted by The Kobeissi Letter. The decline follows a turbulent period for digital assets, with Bitcoin ( BTC-USD ) coming under pressure amid heavy liquidations, risk-off sentiment, and concerns surrounding selling activity by large holders. One catalyst cited by market participants was MicroStrategy's ( MSTR ) sale of 32 Bitcoin, which some viewed as reinforcing a bearish narrative around institutional demand. However, one market note argued that the sale may not tell the full story. The author pointed out that when MicroStrategy sold 704 Bitcoin in December 2022 for tax-related reasons, the company purchased 810 Bitcoin just two days later. The note suggested MicroStrategy could once again emerge as a buyer, arguing that any purchases following the recent sale could be interpreted as "a tentative sign the low has been printed." Despite the sharp decline in prices, spot Bitcoin ETF holdings have remained relatively stable. Holdings rose from about 682,000 Bitcoin after February before easing back to roughly 674,000 Bitcoin, leading the author to conclude that ETF positions appear "more structurally strong than I had feared in February." The note also highlighted ~$1.5B in Bitcoin futures liquidations this week, a scale similar to major liquidation events earlier this year. While additional selling remains possible, particularly if Bitcoin falls below key levels, the author argued that "the degree of longs to liquidate is less now" given Bitcoin's underperformance relative to equities. While acknowledging there are "a lot of ifs" surrounding the outlook, the author said stable ETF holdings and the prospect of renewed corporate buying could leave the market with fewer obvious sources of selling pressure. "I think when we look back at the end of 2026 with BTC at...
Teledyne Technologies ( TDY ) Thursday said that Teledyne FLIR Defense, has won an $11.2M contract from the U.S . Army’s Capability Program Executive for Chemical, Biological, Radiological, and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system (UAS) kits. The kits were developed under the Army’s Chemical, Biological, Radiological, and Nuclear Sensor Integrati...
Teledyne Technologies ( TDY ) Thursday said that Teledyne FLIR Defense, has won an $11.2M contract from the U.S . Army’s Capability Program Executive for Chemical, Biological, Radiological, and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system (UAS) kits. The kits were developed under the Army’s Chemical, Biological, Radiological, and Nuclear Sensor Integration on Robotic Platforms (CSIRP) program. More on Teledyne Teledyne Technologies Incorporated (TDY) Q1 2026 Earnings Call Transcript Teledyne Technologies Incorporated (TDY) Shareholder/Analyst Call Prepared Remarks Transcript Teledyne: Deserving Of A Premium Valuation Teledyne Energetics wins over $5M in UAS production contracts Teledyne Technologies’ FLIR Defense Rogue 1 selected for U.S. Army LASSO program
Photo: IC Photo Huawei Technologies Co. Ltd. recently threw a conceptual bombshell into the global semiconductor industry, unveiling the Tau (τ) Scaling Law as a radical paradigm for chip design. By shifting from traditional two-dimensional planar scaling to three-dimensional architecture, the Chinese tech giant expects to match the performance of industry-leading 1.4-nanometer chips by 2031 using...
Photo: IC Photo Huawei Technologies Co. Ltd. recently threw a conceptual bombshell into the global semiconductor industry, unveiling the Tau (τ) Scaling Law as a radical paradigm for chip design. By shifting from traditional two-dimensional planar scaling to three-dimensional architecture, the Chinese tech giant expects to match the performance of industry-leading 1.4-nanometer chips by 2031 using the new theoretical framework, signaling a major step in bypassing U.S. curbs on its access to advanced manufacturing tools.
Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the building and operating of data centers in Brazil, Germany, Italy, the Nordics and Spain in addition to its business in the US, according to a ...
Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the building and operating of data centers in Brazil, Germany, Italy, the Nordics and Spain in addition to its business in the US, according to a statement on Thursday. It plans to add more countries this year. The expanded coverage follows rapid development in AI worldwide, with hyper scalers such as Microsoft Corp. , Amazon.com Inc. and Alphabet Inc. looking at potential applications for industry and consumers in Europe and elsewhere. At the same time, the European Union has been stepping up efforts to build out its own digital infrastructure to stay independent of the US amid increasing geopolitical tensions. Read more: Europe Unveils Sweeping Tech Sovereignty Plan to Boost Chips, AI Insurers like Zurich have been quick to offer risk coverage around data centers as they seek new streams of revenue at a time when their traditional businesses in property and casualty insurance face a slowdown in premium growth. Cumulative global insurance premiums associated with data centers are estimated to reach $134 billion between 2026 and 2030, according to a report by Artemis, citing a broker at Aon PLc . Zurich says it underwrote more than 245 data-center construction projects in the US in 2025 and the business bumped its first-quarter earnings . The insurer agreed to buy UK-based specialty insurer Beazley earlier this year, bolstering its expertise in cyber and digital insurance and also its operations in Europe, North America, Latin America and Asia. The deal will also allow it to leverage Beazley’s Lloyd’s of London presence.
Nasdaq 100 futures lead US equities lower as Broadcom's sales growth forecast failed to meet investors' lofty expectations. Iran says there had been no recent progress in peace deal talks with the US, while fighting persists in Lebanon. Sharon Bell of Goldman Sachs discusses the difference in sector exposure in the US and European equity markets. Rhonda Vonshay Sharpe of the Women's Institute for ...
Nasdaq 100 futures lead US equities lower as Broadcom's sales growth forecast failed to meet investors' lofty expectations. Iran says there had been no recent progress in peace deal talks with the US, while fighting persists in Lebanon. Sharon Bell of Goldman Sachs discusses the difference in sector exposure in the US and European equity markets. Rhonda Vonshay Sharpe of the Women's Institute for Science, Equity and Race focuses on the inequality in the labor market. (Source: Bloomberg)
Constellation's Three Mile Island Nuclear Restart Gets Boost With FERC Waiver By Ethan Howland of UtilityDive Constellation Energy’s plans to restart the Crane nuclear power plant - formerly, and better known as Three Mile Island Unit 1 - were boosted Monday when the Federal Energy Regulatory Commission approved a waiver for the company from PJM Interconnection rules. FERC approved Constellation’s...
Constellation's Three Mile Island Nuclear Restart Gets Boost With FERC Waiver By Ethan Howland of UtilityDive Constellation Energy’s plans to restart the Crane nuclear power plant - formerly, and better known as Three Mile Island Unit 1 - were boosted Monday when the Federal Energy Regulatory Commission approved a waiver for the company from PJM Interconnection rules. FERC approved Constellation’s waiver request over the objections of PJM’s independent market monitor. Under the decision, Constellation will be able to transfer 760 MW of Capacity Interconnection Rights, or CIRs, from its Eddystone power plant near Philadelphia to the Crane unit. The transfer will increase the amount of electricity the nuclear unit can deliver to the grid. Constellation Energy’s Three Mile Island nuclear power plant near Middletown, Pa. The company’s plans to restart the plant’s Unit 1 were boosted when the Federal Energy Regulatory Commission approved a waiver for the company from PJM Interconnection rules on June 1, 2026. Constellation planned to retire two Eddystone units on May 31, 2025, but the Department of Energy has ordered the company to them to keep running under what the DOE has described as an emergency energy shortage. Under the DOE’s orders, the Eddystone units are not considered capacity resources, making their CIRs free to be transferred, according to Baltimore-based Constellation. Constellation’s $1.6 billion plan to restart the 835-MW Crane nuclear unit hit a snag when PJM determined that transmission upgrades were needed to safely deliver all the unit’s power to the grid. Those upgrades — including 765-kV and 500-kV projects — aren’t expected to be finished until December 2030 and could be delayed even longer, preventing full deliveries from the nuclear unit, which could restart in the second half of 2027 , Constellation said in its March 31 waiver request at FERC . Constellation’s request met FERC’s criteria for granting waivers, including that it solves a concrete ...