Amazon.com (AMZN) is back in focus after a fresh wave of AI and cloud related news, including deeper ties with Anthropic and Snowflake and heavy capital spending on data center infrastructure. The recent AI and cloud headlines sit on top of strong market interest, with a 30.5% 90 day share price return and a 33.2% 1 year total shareholder return, suggesting momentum has been building rather than f...
Amazon.com (AMZN) is back in focus after a fresh wave of AI and cloud related news, including deeper ties with Anthropic and Snowflake and heavy capital spending on data center infrastructure. The recent AI and cloud headlines sit on top of strong market interest, with a 30.5% 90 day share price return and a 33.2% 1 year total shareholder return, suggesting momentum has been building rather than fading. If you are curious what other AI focused companies are attracting attention right now, it could be a good moment to scan the market using our screener of With Amazon trading at $274.00 and sitting about 14.1% below the average analyst price target and roughly 31% below one intrinsic value estimate, the key question is simple: is this genuine mispricing, or is the market already baking in years of AI driven growth? Advertisement Most Popular Narrative: 39.1% Undervalued Against a last close of $274.00, the most followed narrative sets fair value at $450.00 per share, framing Amazon as materially mispriced rather than fairly valued. Amazon is sacrificing short-term margins to secure long-duration dominance in AI infrastructure, advertising, and automated commerce. These investments are already working, and margins are positioned to inflect upward by the end of 2026. This raises the question of what kind of growth and margin profile could justify a move from $274 to $450 per share. The narrative emphasizes AI-led cloud services, higher margin advertising, and a more profitable retail engine. The full story links those elements into a single valuation roadmap. Result: Fair Value of $450.00 (UNDERVALUED) However, this upbeat view can be tested if AI and cloud spending fail to translate into stronger profitability, or if heavy capital investment keeps margins under pressure for longer than expected. Another View: What The P/E Ratio Is Saying While the user narrative leans on a $450 fair value, the current P/E of 32.5x tells a different story. It sits well above the global ...
SoFi Technologies (NASDAQ:SOFI) stock is ripping in early Friday trading, up 12% to around $19, as investors react to the company’s push into bank-issued stablecoins. The pop builds on a fintech bounce that started earlier this week. The rally is extending across SoFi’s peers. Robinhood Markets (NASDAQ:HOOD) stock is ticking up another 1% to approximately ... SoFi Technologies Surges 12% on Stable...
SoFi Technologies (NASDAQ:SOFI) stock is ripping in early Friday trading, up 12% to around $19, as investors react to the company’s push into bank-issued stablecoins. The pop builds on a fintech bounce that started earlier this week. The rally is extending across SoFi’s peers. Robinhood Markets (NASDAQ:HOOD) stock is ticking up another 1% to approximately ... SoFi Technologies Surges 12% on Stablecoin Launch; Robinhood, Upstart Extend Fintech Bounce
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging E...
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging Energy sector. Despite some initial support from solid corporate earnings and falling bond yields, the market became risk-averse due to escalating tensions in the Middle East. This resulted in rising energy prices and inflation expectations, ending a three-quarter winning streak for the S&P 500 index. The firm believes there will be a renewed focus on solutions like renewables that enhance energy security and efficiency, along with investments in better grids, power storage, and technologies to reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor and communication technology company focusing on the development and commercialization of foundational technologies for the wireless industry. On May 28, 2026, QUALCOMM Incorporated (NASDAQ:QCOM) closed at $243.29 per share. One-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was 37.44%, and its shares gained 67.56% over the past 52 weeks. QUALCOMM Incorporated (NASDAQ:QCOM) has a market capitalization of $256.43 billion. Impax US Sustainable Economy Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2026 investor letter:
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging E...
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging Energy sector. Despite some initial support from solid corporate earnings and falling bond yields, the market became risk-averse due to escalating tensions in the Middle East. This resulted in rising energy prices and inflation expectations, ending a three-quarter winning streak for the S&P 500 index. The firm believes there will be a renewed focus on solutions like renewables that enhance energy security and efficiency, along with investments in better grids, power storage, and technologies to reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor and communication technology company focusing on the development and commercialization of foundational technologies for the wireless industry. On May 28, 2026, QUALCOMM Incorporated (NASDAQ:QCOM) closed at $243.29 per share. One-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was 37.44%, and its shares gained 67.56% over the past 52 weeks. QUALCOMM Incorporated (NASDAQ:QCOM) has a market capitalization of $256.43 billion. Impax US Sustainable Economy Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2026 investor letter:
Nvidia (NVDA +0.96%) has been the biggest beneficiary of the massive investments in artificial intelligence (AI) data center infrastructure over the past few years. Its chip systems have been widely deployed by hyperscalers, governments, and AI companies to support the training and deployment of AI models. However, AI is now moving from data centers into edge applications, such as smartphones, dro...
Nvidia (NVDA +0.96%) has been the biggest beneficiary of the massive investments in artificial intelligence (AI) data center infrastructure over the past few years. Its chip systems have been widely deployed by hyperscalers, governments, and AI companies to support the training and deployment of AI models. However, AI is now moving from data centers into edge applications, such as smartphones, drones, vehicles, robots, industrial automation, and healthcare. Edge AI devices can process AI workloads locally rather than sending them to the cloud, enabling them to make real-time decisions quickly. The good news for Nvidia stock investors is that the company is already minting money from the growth of edge AI applications. Nvidia's physical AI business is growing at an impressive pace Physical AI refers to the integration of AI into edge devices, such as cars and robots, enabling them to make real-time, autonomous decisions. Robotaxis, robotic arms in factories, and humanoid robots are examples of physical AI. Expand NASDAQ : NVDA Nvidia Today's Change ( 0.96 %) $ 2.06 Current Price $ 216.31 Key Data Points Market Cap $5.2T Day's Range $ 212.83 - $ 216.68 52wk Range $ 132.92 - $ 236.54 Volume 878.7K Avg Vol 164.4M Gross Margin 74.15 % Dividend Yield 0.02 % Market research firm Counterpoint Research estimates that physical AI device shipments could reach 145 million units cumulatively between 2025 and 2035. The research firm adds that robots, autonomous vehicles, and drones will drive this market's growth. Nvidia has already started capitalizing on this opportunity. The company noted on its latest earnings call that its physical AI revenue has exceeded $9 billion over the trailing twelve months. For comparison, Nvidia's physical AI revenue came in at $6 billion in fiscal 2026. So, the quarterly revenue run rate of Nvidia's physical AI business increased by 50%. Importantly, this segment is poised to grow at a stronger pace. That's because the company is partnering with ke...
This article first appeared on GuruFocus. Tesla (TSLA, Financials) still makes most of its money the old-fashioned way: by selling cars. That is the tension in the stock. Investors are paying for a future built around robotaxis, Full Self-Driving, energy storage and robotics. But the numbers today still look mostly like an auto business. First-quarter revenue rose 16% to $22.39 billion. Automotive...
This article first appeared on GuruFocus. Tesla (TSLA, Financials) still makes most of its money the old-fashioned way: by selling cars. That is the tension in the stock. Investors are paying for a future built around robotaxis, Full Self-Driving, energy storage and robotics. But the numbers today still look mostly like an auto business. First-quarter revenue rose 16% to $22.39 billion. Automotive revenue was $16.2 billion. Tesla also built about 408,386 vehicles but delivered 358,023, leaving more cars in inventory. There are signs of progress outside the core car business. Active FSD subscriptions rose more than 50% to 1.28 million. Still, the gap between the story and the financials remains wide. Competition is rising, pricing pressure is still there and energy revenue fell about 12% to $2.4 billion. For investors, the question is simple: how long will they wait? Tesla needs software, energy and AI to become a bigger part of revenue before the stock's premium valuation becomes easier to defend.
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging E...
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging Energy sector. Despite some initial support from solid corporate earnings and falling bond yields, the market became risk-averse due to escalating tensions in the Middle East. This resulted in rising energy prices and inflation expectations, ending a three-quarter winning streak for the S&P 500 index. The firm believes there will be a renewed focus on solutions like renewables that enhance energy security and efficiency, along with investments in better grids, power storage, and technologies to reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted stocks like Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On May 28, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $635.29 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was 4.36%, and its shares lost 1.88% over the past 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.61 trillion. Impax US Sustainable Economy Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter: "Meta Platforms, Inc. (NASDAQ:META) (Communication Services, Interactive Media & Services) is not held in the portfolio due to its unfavorable Corporate Resilience profile, including below-average scores on social risk management and governance. The stock declined mater...
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging E...
Impax Asset Management, an investment management firm based in London, specializing in sustainable investing, released its first-quarter 2026 investor letter for its “Impax US Sustainable Economy Fund”. A copy of the letter is available to download here. The US Sustainable Economy portfolio underperformed the Russell 1000 benchmark in Q1 2026, primarily due to its lack of exposure to the surging Energy sector. Despite some initial support from solid corporate earnings and falling bond yields, the market became risk-averse due to escalating tensions in the Middle East. This resulted in rising energy prices and inflation expectations, ending a three-quarter winning streak for the S&P 500 index. The firm believes there will be a renewed focus on solutions like renewables that enhance energy security and efficiency, along with investments in better grids, power storage, and technologies to reduce energy intensity. In addition, please check the firm’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted stocks like Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On May 28, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $635.29 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was 4.36%, and its shares lost 1.88% over the past 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.61 trillion. Impax US Sustainable Economy Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter: "Meta Platforms, Inc. (NASDAQ:META) (Communication Services, Interactive Media & Services) is not held in the portfolio due to its unfavorable Corporate Resilience profile, including below-average scores on social risk management and governance. The stock declined mater...
Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on ... Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on ...
Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on ... Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure
Michelle Bowman, Federal Reserve Vice Chair for Supervision, on Friday said she supported keeping the “easing bias” in the central bank's statement when it held its benchmark rate in April. While progress on lowering inflation appears to have stalled, she noted that, excluding one-time effects, inflation is running at "a bit above 2%, reflecting no pressures from the labor market and weakness in m...
Michelle Bowman, Federal Reserve Vice Chair for Supervision, on Friday said she supported keeping the “easing bias” in the central bank's statement when it held its benchmark rate in April. While progress on lowering inflation appears to have stalled, she noted that, excluding one-time effects, inflation is running at "a bit above 2%, reflecting no pressures from the labor market and weakness in market rents." Furthermore, Bowman considers it appropriate to look through the temporary inflation from the war. " Reacting to temporarily elevated energy price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor market conditions," she said. While the war's effect on inflation has grabbed more attention, she hasn't taken her eyes off the central bank's full-employment mandate. "While the labor market appears to have become more stable in recent months, there are still signs of fragility," she said. "For now, our moderately restrictive policy stance is intended to help maintain stable labor market conditions while allowing inflation to resume its downward trend toward 2% once the effects of tariffs and oil prices dissipate," Bowman said in the prepared text of her speech. If the war persists, though, Bowman said she would shift her views, as a longer conflict could trigger broader inflation effects. "I n particular, the more persistent higher oil prices are — or if we start to see broader effects of higher energy prices on PCE inflation — the more likely I will consider shifting my approach to thinking about the balance of risks," she said. More on the US Economy AI isn't in a bubble if it delivers, SF Fed's Daly says U.S. GDP growth estimate revised down to 1.6% in Q1, consumer spending slows Inflation remains primary concern, KC Fed's Schmid says The Great Debt Debacle Has Arrived
(RTTNews) - The Bank Of Nova Scotia (BNS, BNS.TO) said on Friday that it has inked a deal to acquire Maple Financial Holdings, Inc., parent company to MapleMark Bank. Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank, said: "Our acquisition of MapleMark Bank allows Scotiabank to offer FDIC deposit insurance to our clients, which is important for our Mortgage Capital Markets...
(RTTNews) - The Bank Of Nova Scotia (BNS, BNS.TO) said on Friday that it has inked a deal to acquire Maple Financial Holdings, Inc., parent company to MapleMark Bank. Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank, said: "Our acquisition of MapleMark Bank allows Scotiabank to offer FDIC deposit insurance to our clients, which is important for our Mortgage Capital Markets business and our deposit growth strategy. MapleMark Bank is a well-run bank primarily operating in Dallas, Texas." The transaction is not expected to have a material impact on Scotiabank's earnings, the lender said. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Wall Street closed higher on Thursday, driven by tech and healthcare stocks. Investors were encouraged by optimism around artificial intelligence (AI)-driven tech growth and defensive buying in healthcare stocks, while hopes of a 60-day U.S.-Iran ceasefire extension offset concerns over high inflation. All of the three benchmark indexes ended in the green. How Did the Benchmarks Perform? The Dow J...
Wall Street closed higher on Thursday, driven by tech and healthcare stocks. Investors were encouraged by optimism around artificial intelligence (AI)-driven tech growth and defensive buying in healthcare stocks, while hopes of a 60-day U.S.-Iran ceasefire extension offset concerns over high inflation. All of the three benchmark indexes ended in the green. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.1%, or 24.69 points, to close at 50,668.97. Sixteen components of the 30-stock index ended in negative territory, while 14 ended in positive. The tech-heavy Nasdaq Composite added 242.74 points, or 0.9%, to close at 26,917.47. The S&P 500 gained 43.27 points, or 0.6%, to close at 7,563.63. Five of the 11 broad sectors of the benchmark index closed in the green. The Health Care Select Sector SPDR (XLV), the Technology Select Sector SPDR (XLK) and the Consumer Discretionary Select Sector SPDR (XLY) advanced 1.4%, 1.3% and 0.5%, respectively, while the Utilities Select Sector SPDR (XLU) declined 1.1%. The fear gauge CBOE Volatility Index (VIX) decreased 3.4% to 15.74. A total of 19.2 billion shares were traded on Thursday, higher than the last 20-session average of 19 billion. Advancers outnumbered decliners by a 1.74-to-1 ratio on the NYSE and by a 1.8-to-1 ratio on the Nasdaq. Wall Street Climbs as AI Optimism Offsets Inflation and Geopolitical Risks Wall Street ended higher on Thursday as investors remained focused on the long-term growth potential of AI and resilient corporate earnings despite persistent inflation concerns and Middle East tensions. The S&P 500 and the Nasdaq closed at record highs after reports suggested the U.S. and Iran had reached a draft agreement to extend their ceasefire for 60 days, easing fears of a broader regional conflict and potential energy supply disruptions. Investor sentiment was also supported by expectations that geopolitical instability could drive additional spending on AI-related sectors such as cyb...
Rick Santelli walked through Thursday morning’s data dump from the CME floor and the story he told was one of an economy that refuses to pick a direction. Inflation is sticky, factory orders are ripping, and the consumer is quietly stepping back. For anyone trying to time a Fed pivot, that combination matters. Start with ... Rick Santelli: Core PCE Hits 3.3% as Durable Goods Surge 7.9% in April
Rick Santelli walked through Thursday morning’s data dump from the CME floor and the story he told was one of an economy that refuses to pick a direction. Inflation is sticky, factory orders are ripping, and the consumer is quietly stepping back. For anyone trying to time a Fed pivot, that combination matters. Start with ... Rick Santelli: Core PCE Hits 3.3% as Durable Goods Surge 7.9% in April
SoFi Technologies ( SOFI ) jumped more than ~12% to ~$19 in premarket trading on Friday after rolling out two major updates that highlighted both stronger consumer spending trends and its deeper push into digital assets. The positive momentum experts were watching came after the company announced the launch of 'SoFiUSD ,' calling it the first U.S. national bank-issued stablecoin available directly...
SoFi Technologies ( SOFI ) jumped more than ~12% to ~$19 in premarket trading on Friday after rolling out two major updates that highlighted both stronger consumer spending trends and its deeper push into digital assets. The positive momentum experts were watching came after the company announced the launch of 'SoFiUSD ,' calling it the first U.S. national bank-issued stablecoin available directly through a banking app. CEO Anthony Noto said the product aims to combine “the speed and versatility of blockchain with the trust of a bank.” The stock also drew investor attention after releasing its first Galileo Debit Spend Index , which showed U.S. consumer spending rebounded sharply in March following a cautious start to Q1. Brian Walsh, Head of Advice and Planning at SoFi, said consumers showed “real resilience” despite rising costs, though he warned spending momentum could slow later this year. Despite the rally, the stock remains down ~7.57% over the past month, lagging the S&P 500 ( SP500 ), which gained 5.95% during the same period. However, technically, momentum is improving but remains below key resistance near the ~$20 level. The MACD indicator has turned positive again, signaling bullish momentum is building in the short term. Ratings are also mixed: Quant Ratings suggest a 2.46 “Sell” view, while Seeking Alpha analysts rate the stock “Strong Buy” at 4.66, and Wall Street analysts maintain a “Hold” rating of 3.29. More on Sofi SoFi Is Down 50% - I'm Buying More SoFi Technologies, Inc. (SOFI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript SoFi: Lackluster Fundamentals And Tough Valuations Vs Oversold Stock SoFi's bank-issued US dollar stablecoin available to trade on app The surge in Treasury yields puts these stocks in the spotlight
Hi, it’s Dong Cao, Pei Li and Manuel Baigorri in Hong Kong, where this week we attended a UBS conference and chatted with some bankers about investor sentiment and the buzz of dealmaking in Asia. Also today, the latest on the looming SpaceX listing. Today’s top stories SpaceX cuts IPO valuation goal to at least $1.8 trillion . Union Pacific, Norfolk tumble as regulator pauses merger review. Autode...
Hi, it’s Dong Cao, Pei Li and Manuel Baigorri in Hong Kong, where this week we attended a UBS conference and chatted with some bankers about investor sentiment and the buzz of dealmaking in Asia. Also today, the latest on the looming SpaceX listing. Today’s top stories SpaceX cuts IPO valuation goal to at least $1.8 trillion . Union Pacific, Norfolk tumble as regulator pauses merger review. Autodesk to buy MaintainX for about $3.6 billion in cash. Anthropic raises at $965 billion valuation, eclipsing OpenAI. Jana said to push fintech Alkami to reboot sales process. Asia goals The FIFA World Cup in the US, Canada and Mexico may be fast approaching but one former winner headed east this week to give a class on discipline and leadership. French star Thierry Henry was in Hong Kong to speak at UBS’s Asian Investment Conference, an event geared more toward netting profits than netting goals. The 29th edition of the conference, held in both Hong Kong and Singapore, coincides with an improvement in investor sentiment toward Asia, particularly Greater China, in recent years. IPO and M&A activity is roaring away, making Hong Kong one of the world’s busiest markets and helping it overtake Switzerland as the world’s biggest cross-border wealth hub. UBS chair of Asia wealth management, Amy Lo, told Bloomberg TV that the bank is hiring across Hong Kong and Asia. “This is the growth region,” she said. More than $21 billion has already been raised in Hong Kong IPOs this year, and the total by the end of it is likely to exceed $43 billion, Bloomberg Intelligence analyst Sharnie Wong has written. The number of applicants keeps climbing. “China and Hong Kong are central to the APAC liquidity story,” Tim Wannenmacher, UBS’s head of global markets in APAC, said during a briefing at the Four Seasons hotel. Wannenmacher, who is also regional co-head of OneUBS, said there are several aspects driving interest: The market has stabilized and China is important for portfolio diversification; e...
Hong Kong leader John Lee Ka-chiu met lawmakers on Friday to discuss a “highly targeted, substance-heavy” report they compiled outlining proposals on how the city’s first five-year plan should proactively align with national development. The closed-door meeting took place ahead of the government’s planned launch of a public consultation on Hong Kong’s five-year plan in early June as previously rep...
Hong Kong leader John Lee Ka-chiu met lawmakers on Friday to discuss a “highly targeted, substance-heavy” report they compiled outlining proposals on how the city’s first five-year plan should proactively align with national development. The closed-door meeting took place ahead of the government’s planned launch of a public consultation on Hong Kong’s five-year plan in early June as previously reported by the South China Morning Post. The plan is expected to be announced by the end of this year. Legislative Council president Starry Lee Wai-king, House Committee chairman Ronick Chan Chun-ying and Finance Committee chairman Jimmy Ng Wing-ka attended the meeting at the Chief Executive’s Office on Friday morning. Advertisement They were joined by Stanley Ng Chau-pei and Yim Kong, members of a dedicated Legco subcommittee on integration into the national 15th five-year plan, which outlines China’s economic and social development blueprint for 2026 to 2030. “[The city’s five-year plan] will focus on Hong Kong’s development and strategic plans to lay a solid foundation for growth; consolidate and enhance Hong Kong’s traditional strengths while actively exploring new avenues,” Lee said after the meeting. Advertisement “[It will also] capitalise on Hong Kong’s distinctive advantage under the ‘one country, two systems’ principle … thereby expanding international development opportunities while integrating into and serving the overall national development.” The Legco subcommittee concluded its fourth meeting on Friday, wrapping up its findings before presenting them to the chief executive. The report has not been made public.
The growth opportunities in space travel and artificial intelligence (AI) are undoubtedly major reasons investors are bullish on the upcoming SpaceX IPO. Elon Musk, the CEO behind Tesla, is going to allow investors to finally own a share of his popular aerospace and AI company, potentially as early as June 12, when its shares are expected to go public. While rockets and possible travel to Mars oft...
The growth opportunities in space travel and artificial intelligence (AI) are undoubtedly major reasons investors are bullish on the upcoming SpaceX IPO. Elon Musk, the CEO behind Tesla, is going to allow investors to finally own a share of his popular aerospace and AI company, potentially as early as June 12, when its shares are expected to go public. While rockets and possible travel to Mars often make headlines when talking about SpaceX, it's a different area of the company's business that actually fuels it and generates profits: Starlink. Starlink was part of the only division in SpaceX that was profitable last year Starlink is the main piece of SpaceX's connectivity segment. It provides subscribers with access to high-speed internet all over the world, being particularly valuable to people living in remote communities. In 2025, the connectivity segment generated revenue totaling $11.4 billion, accounting for 61% of the company's total revenue ($18.7 billion). That was an increase of 50% from the previous year, when the segment generated $7.6 billion in sales. And not only has it been growing fast, but it's also highly profitable. Last year, the segment's operating profit totaled $4.4 billion, while the space segment incurred a loss of $657 million, and the AI business incurred a whopping $6.4 billion loss. There's a big disconnect between where the company is today and what it hopes to be in the future. Of the $28.5 trillion total addressable market that SpaceX believes it can tap into, just $1.6 trillion of that belongs to connectivity; the bulk of it relates to AI ($26.5 trillion), with the remaining $370 billion relating to space. Should you buy SpaceX stock when it goes public? SpaceX makes for an intriguing growth stock to own, but it's important to separate hype from reality. While growth potential in space travel may be compelling, SpaceX's own S-1 filing paints that as its smallest growth opportunity. The business that may be the most investable, Starli...
Ever since it hit a new all-time high of $294 last January, Solana (SOL +0.50%) has been trending in the wrong direction. It's down 70% since then, and currently trades for just $84. But things could turn around for Solana much faster than anyone imagines. According to analysts at Standard Chartered, Solana could hit a price of $2,000 by 2030. If so, Solana could be on the cusp of 2,280% gains. Th...
Ever since it hit a new all-time high of $294 last January, Solana (SOL +0.50%) has been trending in the wrong direction. It's down 70% since then, and currently trades for just $84. But things could turn around for Solana much faster than anyone imagines. According to analysts at Standard Chartered, Solana could hit a price of $2,000 by 2030. If so, Solana could be on the cusp of 2,280% gains. The growth outlook for Solana The good news, if you're thinking about investing in Solana, is that the narrative appears to be shifting. There is now much less of a consumer-facing focus -- think non-fungible tokens (NFTs) and meme coins -- and much more of a focus on real-world utility. The best play to see this new dynamic at work is in the area of decentralized finance (DeFi). Until recently, Solana's growing prowess in DeFi was due to a single factor: wildly speculative trading in meme coins. That's what propelled Solana's sudden surge in trading volume on decentralized exchanges. However, Solana is now shifting from meme coins to stablecoins, and that's going to make it potentially more attractive to investors. Solana's super-fast, low-cost blockchain can be used for stablecoin micropayments, and that could become a hot new growth direction. In an ultra-bullish scenario laid out by analysts at investment firm VanEck, Solana eventually becomes the dominant smart contract blockchain, rivaling or even surpassing Ethereum (ETH +0.59%). Already, there are signs that the Solana blockchain ecosystem is growing much faster than people thought. Research from investment firm 21Shares last year highlighted that the Solana blockchain ecosystem generated nearly $3 billion in revenue within a 12-month period. Is Solana really capable of delivering 2,280% gains? If there's one cryptocurrency capable of posting stratospheric gains, it's Solana. In 2023, for example, Solana delivered returns of 924% to investors. In 2024, it delivered 86% gains. So the upside potential is definitely ther...
Key Points According to Standard Chartered, Solana could hit a price of $2,000 by the year 2030. A greater focus on real-world utility, especially within decentralized finance, is driving the growth narrative for Solana. While Solana can deliver blistering future gains, it is also highly volatile, making it a high-risk, high-upside play. 10 stocks we like better than Solana › Ever since it hit a n...
Key Points According to Standard Chartered, Solana could hit a price of $2,000 by the year 2030. A greater focus on real-world utility, especially within decentralized finance, is driving the growth narrative for Solana. While Solana can deliver blistering future gains, it is also highly volatile, making it a high-risk, high-upside play. 10 stocks we like better than Solana › Ever since it hit a new all-time high of $294 last January, Solana (CRYPTO: SOL) has been trending in the wrong direction. It's down 70% since then, and currently trades for just $84. But things could turn around for Solana much faster than anyone imagines. According to analysts at Standard Chartered, Solana could hit a price of $2,000 by 2030. If so, Solana could be on the cusp of 2,280% gains. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The growth outlook for Solana The good news, if you're thinking about investing in Solana, is that the narrative appears to be shifting. There is now much less of a consumer-facing focus -- think non-fungible tokens (NFTs) and meme coins -- and much more of a focus on real-world utility. The best play to see this new dynamic at work is in the area of decentralized finance (DeFi). Until recently, Solana's growing prowess in DeFi was due to a single factor: wildly speculative trading in meme coins. That's what propelled Solana's sudden surge in trading volume on decentralized exchanges. However, Solana is now shifting from meme coins to stablecoins, and that's going to make it potentially more attractive to investors. Solana's super-fast, low-cost blockchain can be used for stablecoin micropayments, and that could become a hot new growth direction. In an ultra-bullish scenario laid out by analysts at investment firm VanEck, Solana eventually becomes the dominant smart contract blockchain, ...
Key Points Many investors are enamored with SpaceX's potential in space travel and artificial intelligence. It's internet connectivity, however, which is responsible for the bulk of its business today. These 10 stocks could mint the next wave of millionaires › The growth opportunities in space travel and artificial intelligence (AI) are undoubtedly major reasons investors are bullish on the upcomi...
Key Points Many investors are enamored with SpaceX's potential in space travel and artificial intelligence. It's internet connectivity, however, which is responsible for the bulk of its business today. These 10 stocks could mint the next wave of millionaires › The growth opportunities in space travel and artificial intelligence (AI) are undoubtedly major reasons investors are bullish on the upcoming SpaceX IPO. Elon Musk, the CEO behind Tesla, is going to allow investors to finally own a share of his popular aerospace and AI company, potentially as early as June 12, when its shares are expected to go public. While rockets and possible travel to Mars often make headlines when talking about SpaceX, it's a different area of the company's business that actually fuels it and generates profits: Starlink. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Starlink was part of the only division in SpaceX that was profitable last year Starlink is the main piece of SpaceX's connectivity segment. It provides subscribers with access to high-speed internet all over the world, being particularly valuable to people living in remote communities. In 2025, the connectivity segment generated revenue totaling $11.4 billion, accounting for 61% of the company's total revenue ($18.7 billion). That was an increase of 50% from the previous year, when the segment generated $7.6 billion in sales. And not only has it been growing fast, but it's also highly profitable. Last year, the segment's operating profit totaled $4.4 billion, while the space segment incurred a loss of $657 million, and the AI business incurred a whopping $6.4 billion loss. There's a big disconnect between where the company is today and what it hopes to be in the future. Of the $28.5 trillion total addressable market that SpaceX believes it can tap into, ju...
DC Great Again: Historic Columbus Circle Fountain Flows For First Time In Years Authored by Steve Watson via Modernity.news, The Trump administration continues to deliver tangible results in Washington, D.C. Columbus Circle at Union Station is now clean, safe, and beautiful again, with its historic fountain restored and water flowing for the first time in years. The ribbon was officially cut Thurs...
DC Great Again: Historic Columbus Circle Fountain Flows For First Time In Years Authored by Steve Watson via Modernity.news, The Trump administration continues to deliver tangible results in Washington, D.C. Columbus Circle at Union Station is now clean, safe, and beautiful again, with its historic fountain restored and water flowing for the first time in years. The ribbon was officially cut Thursday, and fencing around the circle comes down tomorrow, reopening the space to the public as a polished front door to the capital. Columbus Circle at Union Station in D.C. is CLEAN & SAFE again! THANK YOU @POTUS & @SecretaryBurgum! pic.twitter.com/DunGCzcjBg - Trump War Room (@TrumpWarRoom) May 28, 2026 The ribbon has been cut. Columbus Circle at Union Station is officially restored. The fencing around the circle will come down tomorrow, making it officially back open to the public. pic.twitter.com/BRqkL55eLJ - Reagan Reese (@reaganreese_) May 28, 2026 Secretary of the Interior Doug Burgum celebrated the moment, posting side-by-side images. Columbus Circle is a historic front door to Washington, D.C. and thanks to @POTUS, today it is once again ready to welcome the public! pic.twitter.com/nXetZR572W - Secretary Doug Burgum (@SecretaryBurgum) May 28, 2026 Before-and-after footage highlights the stark turnaround. Under the prior administration, the area sat neglected and rundown. Now it gleams with restored brick walkways and a working fountain. Columbus Circle during Biden vs. Trump. Decline is a choice. https://t.co/ZzCW4ijWvv pic.twitter.com/yE7iawFlCx - Trump War Room (@TrumpWarRoom) May 28, 2026 Weekly reminder: Decline is a choice. pic.twitter.com/LeFsjFqg3R - The White House (@WhiteHouse) May 28, 2026 DC before vs after Trump's restorations pic.twitter.com/j8CgBWi3Tx - End Wokeness (@EndWokeness) May 28, 2026 Donald Trump and Doug Burgum are on a generational run. My gosh. pic.twitter.com/8rIB6qeDdc - johnny maga (@johnnymaga) May 28, 2026 Never in my 13 years living i...