Supermicro announced the AMD Helios platform for high-performance AI training and inference, as well as a new Arm AGI CPU rack-scale infrastructure for enterprise agentic AI workloads.
Supermicro announced the AMD Helios platform for high-performance AI training and inference, as well as a new Arm AGI CPU rack-scale infrastructure for enterprise agentic AI workloads.
Voyager Technologies ( VOYG ) has agreed to acquire Astrobotic Technology, a Pittsburgh-based company specializing in commercial lunar delivery, lunar power systems and reusable rocket technology. The transaction, valued at up to approximately $300M including contingent consideration, is expected to close by early July 2026, subject to customary regulatory approvals. The consideration will be paid...
Voyager Technologies ( VOYG ) has agreed to acquire Astrobotic Technology, a Pittsburgh-based company specializing in commercial lunar delivery, lunar power systems and reusable rocket technology. The transaction, valued at up to approximately $300M including contingent consideration, is expected to close by early July 2026, subject to customary regulatory approvals. The consideration will be paid in a combination of cash and stock. The deal further solidifies Voyager’s strategic lunar initiative. “We are building the infrastructure foundation that will make America’s permanent presence on the Moon a reality,” said Dylan Taylor, chairman & CEO, Voyager. “Achieving that vision requires robust operational systems that match the resilience necessary for critical, repeatable missions. With Astrobotic, Voyager is now a lunar platform that will have capability at every infrastructure layer needed to put Americans on the lunar surface and keep them there.” At acquisition close, Astrobotic’s full portfolio will transition under Voyager. Their Moon Base headquarters in Pittsburgh will serve as the center of Voyager’s lunar program, ensuring the continuity and momentum this work demands. Voyager said it plans to increase investment in Astrobotic's lunar transportation, power and reusable rocket programs as it seeks to support future U.S. lunar exploration and Moon Base initiatives. VOYG +2.9% premarket to $48.91. More on Voyager Technologies, Inc. Voyager: Space And Defense Momentum Comes At A Premium Voyager Technologies: The Latest Space Defence Player To Capitalise On Momentum Voyager Technologies, Inc. 2026 Q1 - Results - Earnings Call Presentation Voyager secures $16.5M DARPA Contract Space stocks extend gains on optimism around SpaceX public debut
Both the State Street Health Care Select Sector SPDR ETF (NYSEMKT:XLV) and the Invesco S&P 500 Equal Weight Health Care ETF (NYSEMKT:RSPH) focus on the healthcare sector of the S&P 500 , yet their internal mechanics create distinct investment profiles. Investors choosing between them must decide if they prefer XLV’s stability and the momentum of the industry's largest players or RSPH’s broader, di...
Both the State Street Health Care Select Sector SPDR ETF (NYSEMKT:XLV) and the Invesco S&P 500 Equal Weight Health Care ETF (NYSEMKT:RSPH) focus on the healthcare sector of the S&P 500 , yet their internal mechanics create distinct investment profiles. Investors choosing between them must decide if they prefer XLV’s stability and the momentum of the industry's largest players or RSPH’s broader, diversified exposure that comes with equal weighting across the entire sector. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Constant validation and flattery from AI chatbots poses a serious risk to society and our shared grasp of reality Do you ever get the feeling that the people running the world are delulu? That the 1% are living in a completely different universe from the rest of us? You’re not the only one. Even some tech elites are starting to worry about their peers’ grasp on reality. “CEOs are uniquely prone to...
Constant validation and flattery from AI chatbots poses a serious risk to society and our shared grasp of reality Do you ever get the feeling that the people running the world are delulu? That the 1% are living in a completely different universe from the rest of us? You’re not the only one. Even some tech elites are starting to worry about their peers’ grasp on reality. “CEOs are uniquely prone to AI psychosis,” Aaron Levie, a co-founder of the enterprise cloud company Box, declared on X last month. His reasoning for this? “They’re sufficiently distant from the last mile of work that still has to happen to generate most value with AI. So when they play with AI, they see the happy path results, often not considering the next 10 or 20 things that have to happen to get sustainable results from agents.” In other words: CEOs are so high up the food chain that they don’t understand the human labour that goes into turning an error-riddled AI creation into something that functions properly in a business context. They are desperate to replace their annoying and expensive human labour with compliant AI models, but grossly overestimate what the technology can do. Meanwhile, the industry is rushing out overhyped AI solutions without properly stress-testing them. Continue reading...
The DOJ says it will abide by a federal court order pausing its anti-weaponization fund. And, six states are holding primaries today. Here are the races to watch. (Image credit: Win McNamee)
The DOJ says it will abide by a federal court order pausing its anti-weaponization fund. And, six states are holding primaries today. Here are the races to watch. (Image credit: Win McNamee)
Donaldson (DCI) delivered earnings and revenue surprises of +0.57% and +1.64%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Donaldson (DCI) delivered earnings and revenue surprises of +0.57% and +1.64%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Chip Somodevilla/Getty Images News Investment Thesis This article continues my series of articles on companies in the energy sector, with an analysis of Constellation ( CEG ). I started this series with coverage about Vistra ( VST ), where I noted that, in my view, CEG is a clear hold. So below you will see in more detail why I rated CEG stock as a hold. In summary, I believe that the stock is alr...
Chip Somodevilla/Getty Images News Investment Thesis This article continues my series of articles on companies in the energy sector, with an analysis of Constellation ( CEG ). I started this series with coverage about Vistra ( VST ), where I noted that, in my view, CEG is a clear hold. So below you will see in more detail why I rated CEG stock as a hold. In summary, I believe that the stock is already priced in its long-term growth potential due to high AI-driven power demand for data centers. Also, I’ll explain why the acquisition of Calpine was not the best-in-class acquisition in terms of cost compared to Vistra’s recent acquisition of Cogentrix. The conclusion ends up with a quantitative cost-and-benefit comparison CEG Holds the Globally Biggest Nuclear Fleet, But It Has High Dependency on PJM CEG is an independent power producer (IPP) that generates and sells electric power in the U.S. grid. In 1Q26, the company achieved operating revenues of about $11B, up almost 64% YoY. Also, the company has strong guidance for the full year 2026, and it reaffirms operating earnings of $11–$12 per share. Breaking down the company’s segments, which mainly are locations that generate or sell electric power, we have the following: Mid-Atlantic includes operations in the eastern half of Pennsylvania, New Jersey, and Maryland (PJM), which is the electricity operator of the U.S. East grid. Midwest includes operations in the western half of PJM. New York includes operations within the New York Independent System Operator (NYISO), which is the electricity operator of New York. Electric Reliability Council of Texas (ERCOT), which is the electricity operator of Texas’ grid. Other Power Regions, which include other locations where CEG generates or sells power, such as New England and Canada. Calpine includes new operations after the acquisition in various markets, such as ERCOT, PJM, Arizona, Oregon, and Canada. Internet Organic growth of 7% That said, let me explain where the 64% grow...
Gary Yeowell/DigitalVision via Getty Images VersaBank ( VBNK ) is a quiet niche "bank" I started investing in a couple of months ago and is already up more than 50%. I still think this company has good legs in the long run. Valuation is a bit pricier now, and there could be near-term weakness, but the investment thesis is still solid long term, which revolves around the growth of the new US SRP pr...
Gary Yeowell/DigitalVision via Getty Images VersaBank ( VBNK ) is a quiet niche "bank" I started investing in a couple of months ago and is already up more than 50%. I still think this company has good legs in the long run. Valuation is a bit pricier now, and there could be near-term weakness, but the investment thesis is still solid long term, which revolves around the growth of the new US SRP program. I believe purchasing shares on weaker days is a good idea. The main thing here is the incredibly interesting moat VBNK has. My goal in this article will be to talk about the next growth driver for VersaBank, the US RPP program, which was renamed the SRP Program. Investment Thesis VersaBank is no new startup and has been operating for over 30 years and is spearheaded by its founder, David R. Taylor. The company has a surprisingly simple business strategy; it purchases point-of-sale loans after origination. This can be for many things, from simple home improvement purchases to other types of consumer goods, while ensuring near-zero credit losses due to VersaBank's unique model, hence achieving near-zero credit loss provisioning. When VersaBank purchases a POS loan, they also withhold a certain percentage of cash collateral. If the loan defaults, the collateral covers the losses. Additionally, if a loan has defaulted for longer than 90 days, the original issuer is obligated to buy the loan back while VersaBank keeps the cash collateral. This model ensures zero credit losses, and the key to managing this model is through careful monitoring of the amount of cash collateral identified and careful monitoring of the quality of the loan criteria for underwriting. The financing is achieved through deposits such as Canadian GIC's and these deposits are insured as VersaBank is a Schedule I Canadian chartered bank. VersaBank has been implementing this program for years in Canada, very successfully. VersaBank Q1 2026 Earnings Presentation The US receivable purchase program (RPP) i...
Getty Images The State Street SPDR S&P China ETF ( GXC ) is a macro-indexed China ETF because of considerable consumer discretionary and financial exposure, indexed on a value-weighted, passive basis. This ETF is even more passive the ( MCHI ) which has less than half the holdings , and as a consequence of value weighting more skew towards the top holdings. Data by YCharts Bifurcation in industria...
Getty Images The State Street SPDR S&P China ETF ( GXC ) is a macro-indexed China ETF because of considerable consumer discretionary and financial exposure, indexed on a value-weighted, passive basis. This ETF is even more passive the ( MCHI ) which has less than half the holdings , and as a consequence of value weighting more skew towards the top holdings. Data by YCharts Bifurcation in industrial fortunes, a still emerging economy threatened by AI disruption, and a consequent effect on the spending economy amid a property deleveraging mean that employment risks continue for the Chinese economy. While there are some bright spots in the larger holdings like Alibaba ( BABA ) with considerable AI revenue growth, these conglomerated and ultimately Chinese consumption dependent businesses continue to depend on discretionary spending. Ultimately, we remain cautious on China on two counts. The first is that however long you think a deleveraging will last, add a year or two on that because the echoes and rattles tend to be worse than expected, with China being even more structurally dependent on real estate than most other countries. The second is that the Chinese top-down economic governance further protracts the deleveraging, as perhaps wisely, they are instituting a mandate to make the Chinese economy less dependent on real estate for the future - but this comes at the expense of macro and the business environment. On the flip side, we have to admit compelling earnings yield - despite admittedly limited growth - relative to local borrowing costs. But perhaps not enough to cover the "China premium" that we believe the market is rational in exacting. GXC Breakdown Sectors (SPDR) Sectorally , there is a lot of consumer discretionary, financials, industrial and materials exposure in GXC - we are right away going to highlight these sectors totaling more than 50% of the ETF as having considerable China macro sensitivity. Then there is communications services, which should be ...
For years, the PC industry has been stuck in a rut. Consumers stretched upgrade cycles from three years to five or more, smartphone sales stole attention, and innovation often boiled down to slightly faster processors and better battery life. So when Nvidia (NASDAQ:NVDA) CEO Jensen Huang declares that the PC has been “reinvented,” investors should ... Jensen Huang Says Nvidia and Microsoft Just Re...
For years, the PC industry has been stuck in a rut. Consumers stretched upgrade cycles from three years to five or more, smartphone sales stole attention, and innovation often boiled down to slightly faster processors and better battery life. So when Nvidia (NASDAQ:NVDA) CEO Jensen Huang declares that the PC has been “reinvented,” investors should ... Jensen Huang Says Nvidia and Microsoft Just Reinvented the PC. But There Might Be 1 Problem