The 19-year-old man was pulled from Balderton Lake in New Balderton on Thursday.

David Gyung/iStock via Getty Images Introduction The Series F Preferred shares issued by Banc of California ( BANC ) are one of my highest conviction ideas for fixed income investors with an investment horizon of less than two years. Given the terms of this series of preferred stock, I'm very confident the bank will retire this series in September 2027, allowing for a total return of almost 9% in a 15-month time frame. There are no guarantees in life, but in this article I will explain why retiring the preferred shares would increase the EPS for the common shares by in excess of $0.05 from 2028 on. Data by YCharts The financial results remain strong It goes without saying that before discussing whether or not the preferred shares are attractive, it only makes sense to have a look at the financial performance of the bank itself. After all, even though preferred equity is senior to common equity, it still is just equity and ranked pretty low on the capital structure. In the first quarter of this year, we did see a pretty stable total interest income, while the total amount of interest expenses decreased by in excess of 10%. This ultimately resulted in an increase of the net interest income by approximately 8%. As the income statement below shows, that's a very nice increase on a year-on-year basis, but looking at the final quarter of 2025, the net interest income is pretty flat. The bank is guiding for a 3-4 bps quarterly margin expansion going forward, so we should see a small increase in the net interest income. BANC Investor Relations The bank also had to deal with a lower non-interest income, mainly due to a substantial decrease in the income related to leased equipment. After taking all things into consideration, the bank's financial results in the first quarter of the current financial year held up pretty well. After also deducting the almost $10 million in loan loss provisions, the pre-tax income came in at just under 96 million, while the net income was $72 mi...

Moscow Signs Military Partnership With Taliban In Full Circle Since CIA's Operation Cyclone Via The Cradle Russia and the Taliban-led government in Afghanistan have reached a military and technical cooperation agreement , Russian news outlet Interfax reported this week. The deal was concluded during the International Security Forum held in Moscow. According to the report by Interfax’s correspondent, Taliban Defense Minister Mullah Mohammad Yaqoob held talks with Secretary of Russia's Security Council Sergei Shoigu on the sidelines of the event. Russian MoD, via X During the meeting, Yaqoob said that engagement with Russia is important for the Taliban-led administration and that both sides have been expanding their bilateral relations . He added that Afghanistan and Russia share historic ties and that Kabul aims to maintain and strengthen those relations. Shoigu urged western countries to release Afghanistan’s frozen assets and take responsibility for the country’s reconstruction during the event. “We are convinced that western countries must unfreeze frozen Afghan assets , fully acknowledge their full responsibility for their 20-year presence in Afghanistan, and assume the entire burden of post-conflict reconstruction of the country,” Shoigu said. One day later, on Thursday, Russia’s Deputy Defense Minister Vasily Osmakov met with Yaqoob in Moscow to discuss regional security and potential bilateral military cooperation. According to the ministry, the two sides addressed security issues in Central and South Asia, as well as the outlook for cooperation between their armed forces, including areas of military collaboration. Russia was the first to recognize the Taliban-led state that assumed control in Afghanistan in 2021 . The recognition took place in July 2025. US troops launched a hasty and chaotic withdrawal from Afghanistan after the Taliban’s 2021 victory and subsequent takeover of the country. The US military left behind large amounts of equipment. An internal ...

Local authorities say the cancellation of other West concerts had played a role in the decision.

While the Magnificent Seven trade at forward multiples that demand near-flawless execution, a handful of profitable internet platforms have been left behind in the rotation. Stocks under $30 carry an unfair reputation for being broken, but the bucket occasionally turns up cash-generative businesses that simply got caught on the wrong side of a headline. With ... Forget the Magnificent Seven: This Unjustly Cheap Social Media Dynamo Trades at a 47% Discount to History

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Key PointsThe Social Security Administration bases benefits on your average earnings from your 35 highest-earning years.

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Fortinet (NASDAQ:FTNT) primarily generates revenue by selling integrated cybersecurity hardware, software licenses, and subscription services to enterprise customers. It recently expanded its lineup with new firewall models and faced shareholder legal investigations, while reporting an approximately 29% net income margin for the quarter ended March 31, 2026. CrowdStrike (NASDAQ:CRWD) earns revenue mostly by selling cloud-based subscriptions for its security modules that protect endpoints, identity, and data. Continue reading

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Marvell (MRVL) stock closed the May 28 trading session up 3.09% at $204.03. The upbeat close followed the release of the first-quarter (Q1) fiscal year 2027 earnings report on May 27. The stock has rallied 141% year to date, as of Friday morning, May 29. Meanwhile, the SPDR S&P 500 index (SPY) ...

Japan just had a great space idea. Unfortunately for Astroscale, many American companies already had the same great idea.

Key PointsAstroscale and SKY Perfect JSAT are both space companies from Japan -- and they're both public.

Getty Images The YieldMax Gold Miners Option Income Strategy ETF ( GDXY ) thesis does not pass as a Buy in the current setup. Not because I am concerned about its ~46% distribution rate eroding NAV - that is genuinely a drag for investors who want to bet on long term income, but could still be of tactical cash flow and "quicker de-risking from the underlying" use. Not because of the known asymmetry of covered call strategies - of not being able to capture upsides as much as it absorbs downsides (although some covered call strategies do capture upside, but because of lower overwriting activity, which then fails to generate enough premiums in consolidation phases). Not because the gold miners portfolio is overheated. But because structurally, despite an aggressive option writing setup, it fails to generate enough income from the option strategy. The current backdrop increasingly suggests consolidation ahead, and downside risks are more open. That makes GDXY a Hold - not an income tool that can hope to monetize a GDX rally, nor adding alpha as the space cools. The Gold and Miners Thesis I remain extremely constructive about gold as an underlying asset to be monetized by covered call strategies, especially in the current backdrop. I am betting that gold is entering a slower, more normalized phase where returns are flatter, more volatile and less explosive than in 2025. In that environment, aggressive option overwriting becomes an advantage because it generates more income, limits some downside volatility and the opportunity cost of surrendered upside becomes much smaller. That is why I remain constructive on both IAUI and GLDI, with GLDI a preferred vehicle for the consolidation regime ahead for the downside mitigation it can offer (relevant for the current setup where some pullback cannot be ruled out). GDX does not have a similar level of constructive outlook as gold. There are supportive factors here like a still elevated gold price regime from where we were a year a...

Source: Bloomberg, 0:00

Gemini Spark helps automate everyday tasks, from inbox summaries to local event planning, but it’s unclear why Google made it a separate product.

We just covered the Claude Stock Portfolio: Top 10 Stocks to Buy According to AI Chatbot. Reddit Inc (NYSE:RDDT) ranks #5 (see Claude Stock Portfolio: Top 5 Stocks to Buy According to AI Chatbot). Number of Hedge Funds: 82 Claude picked Reddit Inc (NYSE:RDDT) as one of its top stock ideas despite Wall Street worries […]

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Dr. Martin Lemelle, Jr., Grambling State University President says he views running his HBU like an enterprise (Source: Bloomberg)

Key PointsDogecoin’s price plummeted in 2025 and 2026.

一个健康成熟的现代社会，其运行基础应该是法治和契约，而不是弱肉强食、人情勾兑的潜规则。 近日，上海奉贤区检察院依法提起公诉的一起诈骗案，堪称一场荒诞的黑色幽默剧。 2024年6月，男子钱某在一次酒席间吹嘘，称有能力帮忙安排入职上海地铁5号线。姚某等14人拎着烟酒现金登门请托后，如愿“上岗”。接下来，这些“新员工”每天按时到地铁站“上班”，对着监控探头敬礼打卡。谁知，兢兢业业干了几个月，却没拿到一分钱工资。直到钱某被抓后，他们才得知被骗。 这不禁让笔者想起前不久的另一起诈骗案。四川南充一个诈骗团伙，谎称花费45万元即可买到烟草局正式编制。为了骗局逼真，他们还勾结烟草局下属物业公司内部员工，将求职者带入烟草局办公大楼会议室进行“面试”。两年下来，这伙颇有演技的骗子，骗取36人共计874.6万元。 两起案件，诈骗手法都不算高明复杂，为何会有那么多人上当？表面上看，是骗子利用了受害者的求职焦虑和对“铁饭碗”的渴望；深入剖析，可知根本原因在于受骗者头脑中一种根深蒂固的“潜规则信仰”——相信这个社会办事就得靠钱开路，只要“找对了人、送够了钱”，就没有办不成的事；之前自己没有“门路”，现在碰上了“牛人”，把钱给他就完事儿了。 “潜规则”一词，最早由学者吴思在其著作《潜规则：中国历史中的真实游戏》中提出，用以描述那些在正式规则背后实际支配社会运行的隐蔽逻辑。权钱交易、人情勾兑、圈子文化，都是潜规则的典型表现。吴思的观察得到了普遍认同。在漫长的历史中，这种幽暗的运作逻辑确实存在，甚至在某些时期和领域成为了一种“常态”。时至今日，它的影响依然没有完全消散。一些人将“潜规则”奉为圭臬，遇事第一反应不是走正规渠道，而是“找找人”“花花钱”。 但既然是“潜规则”，顾名思义，它是见不得光的，是为法律和公序良俗所不容的，是应该抵制和摒弃的。信奉此道者，如果侥幸获得一些好处，也不好为外人道；假如不幸吃了亏，就更是可怜又可悲了——就像上文提到“上假班”的14人，不仅钱财受损，还因自身动机不纯而沦为坊间笑柄。 这两起诈骗案撕开了一个沉重的社会真相：当“潜规则信仰”深入骨髓时，人就会像自服了一剂迷魂药，主动为骗子的谎言补全逻辑，自觉为虚假的承诺寻找依据。骗子要做的，只是扮演那个手握资源的“关键人物”，然后坐等上钩者乖乖送钱。换言之，不是骗子太高明，而是受害者的“信仰”太虔诚。 一个健康成熟的现代社会，其...

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In this article NASA UFO ROKT ARKX SPRX FLY ORBX RONB XOVR WARP MARS Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:49 04:49 How ETF investors are getting in on SpaceX IPO and boom in space investing ETF Edge Retail investors are rushing into the space investing trade ahead of the SpaceX IPO , and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA , crossed $1 billion in assets in just 37 trading days, and by the end of this past trading week, had reached over $2.6 billion in assets. That rapid rise is due in part to retail investors hunting for exposure to SpaceX before it goes public. While SpaceX has taken an unusual approach to its offering, setting up access for retail investors through brokerage firms at a level atypical in new deals typically dominated by institutions, the NASA fund is another alternative for investors to gain access to Elon Musk 's rocket company. It already holds privately traded SpaceX shares directly. It is one of the few investment vehicles available to retail investors that does, with SpaceX currently representing around 7.5% of the fund. "If we're going to invest in space ... We have to offer exposure to SpaceX," said Maurits Pot, Tema ETFs founder and CEO on CNBC's "ETF Edge" on Wednesday. Pot said there is no plan to sell shares once the IPO occurs. "The IPO for us is simply a remarking of the position to market price," he said. Stock Chart Icon Stock chart icon NASA 1 M NASA isn't the only ETF that has access to SpaceX, though the options are limited. Mutual fund manager and billionaire Ron Baron, a long-time Tesla and SpaceX investor , owns the rocket company through his First Principles fund ( RONB ). Tesla is the top holding in the RONB ETF, at over 14%, while holding close to 2% of the fund's assets in SpaceX. The ERShares Private-Public Crossover ETF ( XOVR ), which offers access to late-stage private companies, also own...

D-Keine/iStock via Getty Images Dell ( DELL ) surged past analyst expectations for the first fiscal quarter on Friday amid accelerating demand for the company’s AI-optimized servers: as a result, the hardware company posted its highest-ever daily increase in market cap. Dell’s shares soared 33% on Friday, allowing the server maker to add a massive $68B to its market cap. The main reason for this explosive market reaction was, as already indicated, enormous growth in the enterprise-oriented Infrastructure Solutions Group which I previously highlighted as the company’s growth engine. Demand for AI servers is soaring, with major companies like Dell or Super Micro Computer ( SMCI ) struggling to meet demand. I like Dell and I have a very favorable outlook on Data Center-related CapEx spending, but such a steep increase in share price and market cap in a single day only leads me to one conclusion: It is time to sell the FOMO rally! Data by YCharts Previous rating I rated Dell a ‘Strong Buy’ in March 2026, citing the tech company's soaring AI-driven revenue backlog and enormous upside momentum in financial key figures for Dell’s Infrastructure Solutions Group: Impressive Growth Proposition . Since then, Dell's share price has gone parabolic and grown 186%. While I have a favorable view on the long-term utilization of Data Centers, investment spending and profitability for AI server makers, Dell's valuation now more than exceeds my fair value estimate and I would recommend investors to take profits here given the massively overbought state of the company's shares. Dell’s Q1’27 crushed estimates Dell flew past Wall Street expectations on both the top and bottom lines on Friday, the day after earnings, amid persistent demand for artificial intelligence-capable server infrastructure: the company reported non-GAAP earnings of $4.86 per-share, beating the consensus estimate by $1.90 per-share. Revenues trickled in at $43.8B, crushing the average prediction by a massive $8.1B. S...

NuScale Power has fallen far from recent highs. Is the sell-off opening a buying window, or should investors hold off?

Key PointsNuScale Power is the only nuclear company in the U.S. with an NRC-approved SMR design.

Microsoft is facing criticism for its handling of zero-day exploits. Someone going by the name Nightmare Eclipse has been publicly feuding with the company, posting proof-of-concept exploit code. Some of their posts suggest that they're a disgruntled former employee. But what caught cyber security researcher Kevin Beaumont's eye was how Microsoft has responded . Microsoft suggests it plans to bring a criminal case against Nightmare Eclipse for failing to follow "proper coordination" in disclosing vulnerabilities. They also disabled Nightmare Eclipse's GitHub, GitLab, and Microsoft Security Response Center accounts disabled . As Beaumont point … Read the full story at The Verge.