In recent trading, shares of Okta Inc (Symbol: OKTA) have crossed above the average analyst 12-month target price of $102.25, changing hands for $123.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Okta Inc (Symbol: OKTA) have crossed above the average analyst 12-month target price of $102.25, changing hands for $123.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Qualys, Inc. (Symbol: QLYS) have crossed above the average analyst 12-month target price of $106.06, changing hands for $109.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Qualys, Inc. (Symbol: QLYS) have crossed above the average analyst 12-month target price of $106.06, changing hands for $109.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
Malaysia’s southern state of Johor is set to hold legislative elections by August after dissolving its assembly on Monday, in what is set to be a crucial electoral test for Prime Minister Anwar Ibrahim. Johor Chief Minister Onn Hafiz Ghazi said state regent Tunku Ismail Ibrahim has on Monday consented to the assembly’s dissolution, which also took effect on the same day. Election must be held with...
Malaysia’s southern state of Johor is set to hold legislative elections by August after dissolving its assembly on Monday, in what is set to be a crucial electoral test for Prime Minister Anwar Ibrahim. Johor Chief Minister Onn Hafiz Ghazi said state regent Tunku Ismail Ibrahim has on Monday consented to the assembly’s dissolution, which also took effect on the same day. Election must be held within 60 days from the assembly’s dissolution. Considered a bellwether state as its racial composition closely mirrors the national average in the Muslim-majority nation, Johor will be the first among a series of state polls that Anwar would face leading up to the federal election due by February 2028. Last month, Anwar raised the prospect of a snap general election amid jockeying within the ruling alliance. The state polls are expected to test ties between Anwar’s Pakatan Harapan coalition and key government partners under the Barisan Nasional bloc, which is led by the former ruling party United Malays National Organisation. UMNO’s Onn Hafiz has said Barisan would contest all 56 seats in the Johor state assembly without Anwar’s coalition, prompting the prime minister to float the prospect of an early election. UMNO chief Ahmad Zahid Hamidi is Anwar’s deputy prime minister. Read: Anwar Floats Snap Malaysia Poll as Coalition Tensions Deepen UMNO-led Barisan won 40 out of 56 seats in the last Johor state election, which the bloc contested on its own. It was held before the party joined Anwar’s government. Anwar had also previously considered calling for early polls by the third quarter of this year before making any further cuts to fuel subsidies to manage rising subsidy costs, which has grown ten-fold since the the start of the Middle East conflict.
In recent trading, shares of Campbell's Company (Symbol: CPB) have crossed above the average analyst 12-month target price of $21.00, changing hands for $21.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Campbell's Company (Symbol: CPB) have crossed above the average analyst 12-month target price of $21.00, changing hands for $21.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
(RTTNews) - The UK stock market's benchmark index FTSE 100 moved in a tight band Monday morning as investors largely refrained from making significant moves amid uncertainty surrounding U.S.-Iran peace moves following the two nations exchanging fire over the weekend.
(RTTNews) - The UK stock market's benchmark index FTSE 100 moved in a tight band Monday morning as investors largely refrained from making significant moves amid uncertainty surrounding U.S.-Iran peace moves following the two nations exchanging fire over the weekend.
In 2025, the U.S.-listed ETF industry saw nearly $1.5 trillion of net inflows. That was a 32% increase over the $1.13 trillion of net new money in 2024, the only year up to that point that had eclipsed the trillion dollar plateau. On top of that, more than 1,100 new ETFs were launched last year. The ETF industry has already grown at a rapid pace. That pace only seems to be accelerating. In my mind...
In 2025, the U.S.-listed ETF industry saw nearly $1.5 trillion of net inflows. That was a 32% increase over the $1.13 trillion of net new money in 2024, the only year up to that point that had eclipsed the trillion dollar plateau. On top of that, more than 1,100 new ETFs were launched last year. The ETF industry has already grown at a rapid pace. That pace only seems to be accelerating. In my mind, the question isn't whether the ETF industry can set a new record in 2026 (spoiler: it almost certainly will), but whether or not net inflows into ETFs can hit $2 trillion. Continue reading
imaginima Some UK defense officials are pushing for allowing lethal weapons systems to choose targets with human approval amid rapid advances in drone warfare, the Financial Times reported. "I always say there must be a human in the loop," Al Carns, parliamentary under-secretary of state for the Armed Forces, told FT after a drone industry summit in Latvia last week. "But you must have the ability...
imaginima Some UK defense officials are pushing for allowing lethal weapons systems to choose targets with human approval amid rapid advances in drone warfare, the Financial Times reported. "I always say there must be a human in the loop," Al Carns, parliamentary under-secretary of state for the Armed Forces, told FT after a drone industry summit in Latvia last week. "But you must have the ability to take the human out of the loop when required, because our adversaries won't care about having a human in the loop," he said. Carns noted that some existing UK weapons operated with significant autonomy, "where missile systems can fly forward, identify targets and strike them." But he insisted that the UK military has strict rules on autonomous weapons. "We'll stick to them." The UK's doctrine on autonomous weapons, laid out in 2022, does not rule out incorporating AI within weapon systems. But it states, "There must be context-appropriate human involvement in weapons which identify, select and attack targets." Earlier this year, the UK government launched a review of the defense regulatory environment, focusing on regulations governing uncrewed and autonomous systems. Autonomous weapons are increasingly being deployed - the U.S. used AI in battlefield systems such as the Maven Smart System to help choose targets, Ukraine uses autonomous battlefield drones, and Russia is thought to use Lancet drones to strike Ukrainian targets autonomously. More on defense EUAD: My Favorite ETF Strategy On Top Of Europe Defense Tailwinds JEDI: The High Beta Of Defense That The Market Needs Today Norway to join France's nuclear deterrence initiative SA Asks: What are the best drone stocks right now?
The AI revolution will be 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday. "I think this is like more than 10x, probably 50x bigger than dotcom," Son told CNBC's Arjun Kharpal in Paris, a day after the company announced that it's investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capac...
The AI revolution will be 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday. "I think this is like more than 10x, probably 50x bigger than dotcom," Son told CNBC's Arjun Kharpal in Paris, a day after the company announced that it's investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capacity. "Even dotcom there was a bubble and burst, but then right after that, the peak of the dotcom bubble, the year 2000, was not really a peak. It was like a small hill. It went down, but then it went much, much bigger." This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
chrisdorney/iStock Editorial via Getty Images It's tempting to turn to the last 12 months, or even, heaven-forbid, year-to-date returns as proof of greatness. This is meaningless in the long arc of history. In essence, the greatest of all time do not live for recognition today, they live for lasting impact in history. Today is irrelevant. One year is irrelevant. Even a decade is irrelevant if it h...
chrisdorney/iStock Editorial via Getty Images It's tempting to turn to the last 12 months, or even, heaven-forbid, year-to-date returns as proof of greatness. This is meaningless in the long arc of history. In essence, the greatest of all time do not live for recognition today, they live for lasting impact in history. Today is irrelevant. One year is irrelevant. Even a decade is irrelevant if it has been used wisely but under-admired. It is the impact of the full life that counts. Perhaps we should look back in time for some philosophical inspiration on the matter. Samuel Insull , a utility holding-company promoter, saw his personal fortune rise from about $5M in 1927 to $150M in 1929, which is a +2,900% return. By mid-1932, he was at or below zero. In fact, PBS says he owed $16M more than he was worth. Insull Utility Investments fell from $160 per share in 1929 to $0.125 in 1932. That is a -99.92% loss. Such is the effect of hubris in a period of valuation extremes. Insull was wiped out because of leverage; his fortune sat in leveraged utility holding-company stock. This meant when cash flows and share prices fell, debt stayed due, collateral collapsed, and refinancing vanished, and his legacy was tarnished forever. What is the main lesson of the story? Stay away from leverage in extreme valuation regimes. The 1920s were the mass-commercialization phase of the Second Industrial Revolution. The stock market mania had a real technological foundation before leverage destroyed it. Thankfully, leverage is not as severe today, so one could imagine this bull market running further uphill, but I would be careful as we could end up in a 2029 re-run of 1929 (yes, it is conceivable, though nothing is guaranteed and anyone who claims certainty is lying to you). U.S. Stock-Market Leverage: 1929 vs Today (Author's Chart ) Then again, maybe we shouldn't start copying and pasting a single event from the past onto the present. It's probably much healthier to look at the consistent ...
In the first quarter of 2026, Vanke reported another net loss of about 5.95 billion yuan. Photo: VCG State-backed property developer China Vanke Co. Ltd. ( 000002.SZ ) will stay focused on cutting losses and restructuring debt this year as it remains mired in a severe liquidity crisis, executives said at its annual shareholders’ meeting on Friday. The announcement highlights the prolonged distress...
In the first quarter of 2026, Vanke reported another net loss of about 5.95 billion yuan. Photo: VCG State-backed property developer China Vanke Co. Ltd. ( 000002.SZ ) will stay focused on cutting losses and restructuring debt this year as it remains mired in a severe liquidity crisis, executives said at its annual shareholders’ meeting on Friday. The announcement highlights the prolonged distress of one of China’s largest real estate developers, whose financial health has deteriorated despite massive liquidity injections from its state-owned largest shareholder.
A year ago, the town of Hengdian was so crowded with production crews working on short dramas that actors on neighboring sets could hear each other’s lines. The film hub in East China’s Zhejiang province, long a weather vane for the country’s entertainment business, had been swept up in the micro-drama boom. Productions moved fast, budgets were lean, and demand for performers was high enough that ...
A year ago, the town of Hengdian was so crowded with production crews working on short dramas that actors on neighboring sets could hear each other’s lines. The film hub in East China’s Zhejiang province, long a weather vane for the country’s entertainment business, had been swept up in the micro-drama boom. Productions moved fast, budgets were lean, and demand for performers was high enough that actors such as Cheng Qiao could land leading or supporting roles and earn 800 yuan ($118) to 1,500 yuan a day. In a good month, Cheng made more than 10,000 yuan acting.
PM Images/DigitalVision via Getty Images War and Peace Following tense negotiations about Iran's nuclear program amid widespread street protests and brutal government repression, the United States launched Operation Epic Fury on February 28. In conjunction with Israel, the U.S. used a barrage of Tomahawk missiles, B-2 stealth bombers, and other weapons and aircraft to strike Iran's fortified balli...
PM Images/DigitalVision via Getty Images War and Peace Following tense negotiations about Iran's nuclear program amid widespread street protests and brutal government repression, the United States launched Operation Epic Fury on February 28. In conjunction with Israel, the U.S. used a barrage of Tomahawk missiles, B-2 stealth bombers, and other weapons and aircraft to strike Iran's fortified ballistic missile facilities. At the same time, a regime "decapitation" strike was launched, killing Iranian Supreme Leader Ali Khamenei and many other high-ranking officials. While leadership in Iran is somewhat unclear, the country responded with attacks against both Israel and many of its Arab Persian Gulf neighbor states. Travel in and out of the region ground to a halt, as did nearly all transportation of oil, natural gas, and other products through the Strait of Hormuz. With this backdrop, the S&P 500 Index declined 4.3% in the first quarter, though the Russell 3000 Value increased 2.2%. Small cap stocks were mixed, with the Russell 2000 up 0.9% and the Russell 2000 Value gaining 4.9%. Day-to-day movements in stock prices have been driven almost completely by war developments. Oil The Strait of Hormuz is extremely important to global energy markets, with 20 million barrels of oil per day, or roughly 20% of global supply (and 20% of global LNG supply), flowing through the Strait. With the conflict raging, oil prices rose dramatically, causing Brent crude to climb from $61 per barrel at the beginning of the year to $127 at the end of the quarter (and $102 as of the writing of this letter). Other commodities also soared, with LNG prices rising from under $10 to $16 MMBtu, urea (an important agricultural chemical) increasing from ~$400 to ~$700 per metric ton, and gold rising to over $4,700 per ounce. How sustainable these price moves will be is presently unclear; when President Trump announced a two-week ceasefire to engage in negotiations on April 7, oil declined nearly 20%,...
Justin Sullivan/Getty Images News Nvidia ( NVDA ) and several PC-related stocks moved higher in premarket trading Monday after the company said it’s entering the PC market with a new product, intensifying competition with established chipmakers. Nvidia shares rose +1.9% before the bell after announcing its new RTX Spark Superchip will begin shipping in laptops and desktop PCs this fall through maj...
Justin Sullivan/Getty Images News Nvidia ( NVDA ) and several PC-related stocks moved higher in premarket trading Monday after the company said it’s entering the PC market with a new product, intensifying competition with established chipmakers. Nvidia shares rose +1.9% before the bell after announcing its new RTX Spark Superchip will begin shipping in laptops and desktop PCs this fall through major manufacturers including Dell Technologies (Dell), HP Inc. ( HPQ ), and Lenovo ( LNVGY ) ( LNVGF ). As a result, PC makers rose premarket, with Dell Technologies ( DELL ) +2.9%, Hewlett Packard Enterprise ( HPE ) +6.3%, and HP Inc. ( HPQ ) +4.1%. In Asia, Lenovo gained +5.1% in Hong Kong trading. Unveiled by CEO Jensen Huang at the Computex trade show in Taipei, the product is a combination of microprocessor and graphics chip, built with help from Taiwan’s MediaTek, that will run Microsoft’s ( MSFT ) Windows for Arm ( ARM ) operating system. MediaTek shares rose 5% in Taipei, while Nasdaq-listed shares of Arm Holdings ( ARM ) soared nearly 15% premarket. MSFT also rose 3%. Meanwhile, traditional PC processor leaders also came under pressure. Intel ( INTC ) slipped -6%, and Advanced Micro Devices ( AMD ) fell -5.2%, as Nvidia's entry adds a new competitor to a market long dominated by the two companies' x86-based processors. Nvidia’s ( NVDA ) new chip may also intensify competition for Qualcomm’s ( QCOM ) Snapdragon products that are used in Windows AI PCs. QCOM shares fell -7.8% premarket. More on Nvidia Nvidia: Subsidization Of Sovereign AI Backed By Washington And CPU Edge Nvidia: Data Centers Made It Great, Physical AI Could Make It Generational Nvidia At $5 Trillion Requires A Grid That Doesn't Exist Nvidia highlights agentic and physical AI, key partnerships at Computex Biggest stock movers Monday: TMHC, NVDA, and more
Justin Sullivan/Getty Images News Nvidia ( NVDA ) and several PC-related stocks moved higher in premarket trading Monday after the company said it’s entering the PC market with a new product, intensifying competition with established chipmakers. Nvidia shares rose +1.9% before the bell after announcing its new RTX Spark Superchip will begin shipping in laptops and desktop PCs this fall through maj...
Justin Sullivan/Getty Images News Nvidia ( NVDA ) and several PC-related stocks moved higher in premarket trading Monday after the company said it’s entering the PC market with a new product, intensifying competition with established chipmakers. Nvidia shares rose +1.9% before the bell after announcing its new RTX Spark Superchip will begin shipping in laptops and desktop PCs this fall through major manufacturers including Dell Technologies (Dell), HP Inc. ( HPQ ), and Lenovo ( LNVGY ) ( LNVGF ). As a result, PC makers rose premarket, with Dell Technologies ( DELL ) +2.9%, Hewlett Packard Enterprise ( HPE ) +6.3%, and HP Inc. ( HPQ ) +4.1%. In Asia, Lenovo gained +5.1% in Hong Kong trading. Unveiled by CEO Jensen Huang at the Computex trade show in Taipei, the product is a combination of microprocessor and graphics chip, built with help from Taiwan’s MediaTek, that will run Microsoft’s ( MSFT ) Windows for Arm ( ARM ) operating system. MediaTek shares rose 5% in Taipei, while Nasdaq-listed shares of Arm Holdings ( ARM ) soared nearly 15% premarket. MSFT also rose 3%. Meanwhile, traditional PC processor leaders also came under pressure. Intel ( INTC ) slipped -6%, and Advanced Micro Devices ( AMD ) fell -5.2%, as Nvidia's entry adds a new competitor to a market long dominated by the two companies' x86-based processors. Nvidia’s ( NVDA ) new chip may also intensify competition for Qualcomm’s ( QCOM ) Snapdragon products that are used in Windows AI PCs. QCOM shares fell -7.8% premarket. More on Nvidia Nvidia: Subsidization Of Sovereign AI Backed By Washington And CPU Edge Nvidia: Data Centers Made It Great, Physical AI Could Make It Generational Nvidia At $5 Trillion Requires A Grid That Doesn't Exist Nvidia highlights agentic and physical AI, key partnerships at Computex Biggest stock movers Monday: TMHC, NVDA, and more
More on Taylor Morrison Home, Berkshire Hathaway Berkshire Hathaway: The Fortress Is Getting Expensive To Defend Berkshire's New Era Begins: Why I'm Still A Buyer Berkshire's New Age Biggest stock movers Monday: TMHC, NVDA, and more Berkshire's homebuilder bet shines light on sector's highest- and lowest-rated stocks
More on Taylor Morrison Home, Berkshire Hathaway Berkshire Hathaway: The Fortress Is Getting Expensive To Defend Berkshire's New Era Begins: Why I'm Still A Buyer Berkshire's New Age Biggest stock movers Monday: TMHC, NVDA, and more Berkshire's homebuilder bet shines light on sector's highest- and lowest-rated stocks