Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang has reportedly agreed to join the advisory board of one of China’s most prestigious academic institutions. Huang accepted an invitation to join the advisory board of Tsinghua University School of Economics and Management, according to the Financial Times, which cited people familiar with the matter. The appointment has not yet been formally announced by...
Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang has reportedly agreed to join the advisory board of one of China’s most prestigious academic institutions. Huang accepted an invitation to join the advisory board of Tsinghua University School of Economics and Management, according to the Financial Times, which cited people familiar with the matter. The appointment has not yet been formally announced by either Nvidia or the university. The board includes some of the world’s most prominent technology and business leaders, spanning multiple major publicly listed companies. Apple Inc. (NASDAQ: AAPL) CEO Tim Cook serves as chair of the board, with Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, Dell Technologies (NYSE: DELL) founder Michael Dell, Microsoft Corp. (NASDAQ: MSFT) CEO Satya Nadella and Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg also listed as members, alongside major Wall Street executives. According to Times Higher Education, Tsinghua University ranks 12th globally in the 2026 World University Rankings, placing third for Business and Economics and 12th for Computer Science. Huang’s reported appointment comes as Nvidia continues to navigate significant headwinds in China, a market that once accounted for roughly one-fifth of the company’s revenue. Earlier this month, Huang acknowledged that export restrictions have allowed local competitors, including Huawei Technologies, to strengthen their positions in China’s AI market. Despite those challenges, Huang has repeatedly emphasized Nvidia’s long-term commitment to the region, stating the company would be “more than delighted” to continue serving customers and partners in China, where it has operated for roughly three decades. Nvidia did not immediately respond to a request for comment on the reported board appointment. Nvidia shares closed at $212.60 on Wednesday, down 1.05%, before slipping a further 0.42% to $211.70 in after-hours trading.
Kanokwan Plandee/iStock via Getty Images Vornado Realty Trust ( VNO ) is one of the REITs with a focus on office and commercial properties in New York. In the following lines, we examine the company's latest quarter, as well as the company's four preferred stocks and its OTC bonds, to assess their attractiveness to investors. If you want to look at our last article for the company, you can see it ...
Kanokwan Plandee/iStock via Getty Images Vornado Realty Trust ( VNO ) is one of the REITs with a focus on office and commercial properties in New York. In the following lines, we examine the company's latest quarter, as well as the company's four preferred stocks and its OTC bonds, to assess their attractiveness to investors. If you want to look at our last article for the company, you can see it here. Company Overview VNO's earnings (vno.com) At the first quarter of 2026, VNO had close to $15.9 billion in total assets and around $8.46 billion in total debt. The EBITDA is around $752 million. VNO's current market cаpitalization is аpproximately $6.5 billion. We calculate VNO's asset yield ((Total Revenue - Operating Expenses + Depreciation and Amortization)/Total Assets) of about 4.72% and an asset coverage ratio (Total Assets/Debt) of about 188%. Operating expenses as a percentage of total revenue, excluding depreciation and amortisation, are abоut 59%. Interest expenses as a percentage of debt are about 4%. We use the price/book ratio, which at the timе of writing is 1.23, to cаlculаte the market-adjustеd ratios. The market values VNO's assets at a slight prеmium, reflеcting confidence in the quаlity of the portfoliо. The mаrket-adjusted asset yield is about 4.3%, and the market-adjusted asset coverage ratiо is about 207%. The expected AFFO yield is close to 3.98% (the forward P/AFFO is around 25.13): VNO's basic valuation metrics (seekingalpha.com) News: On 04/29/2026, Vornado Realty Trust announced a new share repurchase program for up to $300 million after the previous $200 million program was almost exhausted. VNO's news (vno.com) Credit ratings: VNO's credit ratings (vno.com) * All of the financial information was taken from the quarterly earnings of the company . Key Credit Metrics: Gross assets (total аssets + accumulated depreciation) - around $20.2 billion. Unencumbered assеts -94% Secured debt ratio (as of the gross assets) - close to 24.7%. Total debt +...
A_Columbo/iStock Editorial via Getty Images The artificial intelligence boom has fundamentally changed the valuation models of some traditional industrial companies. The brightest example of this effect is GE Vernova ( GEV ), whose shares have more than doubled over the last year, driving the capitalization of the company to an astronomical $287 billion and the forward P/E multiple to 70. For an e...
A_Columbo/iStock Editorial via Getty Images The artificial intelligence boom has fundamentally changed the valuation models of some traditional industrial companies. The brightest example of this effect is GE Vernova ( GEV ), whose shares have more than doubled over the last year, driving the capitalization of the company to an astronomical $287 billion and the forward P/E multiple to 70. For an entity that produces and services heavy energy equipment — predominantly gas turbines — and historically relates to the conservative value sector, such multipliers imply an explosive, almost "technological" growth. The bullish narrative of Wall Street is simple: technological giants are building mega-data centers, the power grid of the USA is already in a state of deficit, and since Microsoft CEO Satya Nadella directly named electricity the main "bottleneck" for the development of AI, cheap American gas is the fastest and most obvious solution. Being the dominant supplier of gas turbines in the USA, GE Vernova seems to be the main beneficiary of this infrastructural race. However, if we turn off emotions and conduct a sober, physics-based calculation of the real demand of AI on power, it becomes clear that the market has priced in mathematically impossible expectations. Physical reality of AI energy consumption: calculation of gigawatts Let us try to calculate the potential of the new AI market by reverse-engineering it, using aggressive and maximally optimistic inputs for the bulls. According to expert forecasts and base scenarios from the recent global report of the International Energy Agency IEA "Electricity 2026", overall electricity consumption by data centers in North America will grow to approximately 755 billion kWh per year by 2030 , against a forecasted 386 billion kWh in 2025. The net increase in demand over 5 years will constitute around 369 billion kWh. To translate this net energy into physical installed generation capacity, we will use an industry-standard co...
Fresh from being crowned Premier League champions, Arsenal have a chance to make history when they face Paris St-Germain at the Puskas Arena in Budapest on Saturday. If Mikel Arteta can win the Champions League, he will have achieved something even the great Arsene Wenger failed to do. The last and only time the Gunners played in the final of Europe's elite competition was 20 years ago, when they ...
Fresh from being crowned Premier League champions, Arsenal have a chance to make history when they face Paris St-Germain at the Puskas Arena in Budapest on Saturday. If Mikel Arteta can win the Champions League, he will have achieved something even the great Arsene Wenger failed to do. The last and only time the Gunners played in the final of Europe's elite competition was 20 years ago, when they lost 2-1 to Barcelona after going down to 10 men. Wenger's 2006 squad contained many of the 'Invincibles' who went unbeaten in the Premier League in 2003-04, including Thierry Henry, Ashley Cole and Cesc Fabregas. The 10 consecutive clean sheets Arsenal recorded on their way to the 2006 final in Paris remains a European competition record, as they knocked out Real Madrid, Juventus and Villarreal. How does Arteta's side measure up? BBC Sport compared both squads. You can use our selector to choose which Arsenal players from the 2006 team would make it into the current squad.
Micron's (MU +3.50%) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more than double from where it was trading before the hike. Micron has now topped $1 trillion in market value, putting it in an elite stock club along with the "Magnificent Seven" and chip stock peers like Broadcom and Taiwan Semiconductor. ...
Micron's (MU +3.50%) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more than double from where it was trading before the hike. Micron has now topped $1 trillion in market value, putting it in an elite stock club along with the "Magnificent Seven" and chip stock peers like Broadcom and Taiwan Semiconductor. The stock added to those gains on Wednesday, topping $900 per share, and nearly eclipsed $1,000 for the first time in pre-market trading, making its individual shares among the highest-priced on the market. At this point, with the stock continuing to soar, investors are likely wondering if a stock split is in its future. It's a good question. Let's take a look at what the prospects are for a Micron stock split. Micron's stock split history Micron hasn't split its stock since the dot-com era. The company has issued three stock splits in its history as follows. Date Split 5/2/2000 2-for-1 5/23/1995 2-for-1 4/19/1994 5-for-2 If you had one share before 1994, then you would have 10 shares after the splits. The pause in stock splits following the dot-com bubble bursting with other tech stocks as splits were common during the dot-com era, though the collapse seemed to chasten companies away from it. However, as Micron approaches $1,000 a share, the case for a stock split is getting stronger, as its share price has never been higher before. Why a Micron stock split makes sense Stock splits don't change the fundamentals of a stock. It's just splitting the pie into more pieces, but they can affect the stock in other ways, and investors generally respond favorably to them. First, they act as a sign that management expects the stock to go higher. After all, companies control the timing of stock splits, and it only makes sense to do them if management expects the stock to go higher. Micron has a lot of bullish momentum at the moment. In fact, the stock jumped nearly 20% just on a price...
By Liam Mo and Fanny Potkin BEIJING/PARIS, May 28 (Reuters) - Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," whe...
By Liam Mo and Fanny Potkin BEIJING/PARIS, May 28 (Reuters) - Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads. It has also helped major CPU makers Intel and AMD emerge as leading challengers to Nvidia's AI dominance. ByteDance, the parent of short video platform TikTok, is targeting deployment of its proprietary CPU in its own servers and data centres to support internal operations, as it prepares a massive rollout of agent-based products including its Coze platform, the first source said. The Beijing-based company has approached several external partners to assist with the effort, and those partners are expected to contribute not only to the chip's design work but also to help secure manufacturing capacity at foundries, the sources added. The project remains at an early stage, the first source said. They declined to be named, as the plan is not public. ByteDance did not respond to Reuters' request for comment. CPU SHORTAGE ByteDance's move places it alongside a growing cohort of tech companies that have concluded the economics of custom chips outweigh the complexity of designing them. It is pursuing two chip architecture tracks for its CPU development — one based on SoftBank-owned Arm and another on the open-source RISC-V instruction set architecture, as it weighs whic...
Key Points Micron recently topped $1 trillion in market cap. The stock hasn't split since 2000. Momentum in the stock is reaching a fever pitch following a price target hike to $1,650. 10 stocks we like better than Micron Technology › Micron's (NASDAQ: MU) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more ...
Key Points Micron recently topped $1 trillion in market cap. The stock hasn't split since 2000. Momentum in the stock is reaching a fever pitch following a price target hike to $1,650. 10 stocks we like better than Micron Technology › Micron's (NASDAQ: MU) scorching hot run isn't over yet. The memory chip stock jumped 19.3% on Tuesday after UBS lifted its price target to $1,650 on the stock, more than double from where it was trading before the hike. Micron has now topped $1 trillion in market value, putting it in an elite stock club along with the "Magnificent Seven" and chip stock peers like Broadcom and Taiwan Semiconductor. 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 stock added to those gains on Wednesday, topping $900 per share, and nearly eclipsed $1,000 for the first time in pre-market trading, making its individual shares among the highest-priced on the market. At this point, with the stock continuing to soar, investors are likely wondering if a stock split is in its future. It's a good question. Let's take a look at what the prospects are for a Micron stock split. Micron's stock split history Micron hasn't split its stock since the dot-com era. The company has issued three stock splits in its history as follows. Date Split 5/2/2000 2-for-1 5/23/1995 2-for-1 4/19/1994 5-for-2 If you had one share before 1994, then you would have 10 shares after the splits. The pause in stock splits following the dot-com bubble bursting with other tech stocks as splits were common during the dot-com era, though the collapse seemed to chasten companies away from it. However, as Micron approaches $1,000 a share, the case for a stock split is getting stronger, as its share price has never been higher before. Why a Micron stock split makes sense Stock splits don't change the fundamentals of a stock. It...
AlexSecret/iStock via Getty Images Quarterly review The fund outperformed the benchmark for the first quarter that ended March 31, 2026. The industrials and consumer staples sectors were the primary contributors to performance, while the financials and consumer discretionary sectors detracted from performance. Market review In the first quarter, stock markets were volatile and uneven. U. S. equiti...
AlexSecret/iStock via Getty Images Quarterly review The fund outperformed the benchmark for the first quarter that ended March 31, 2026. The industrials and consumer staples sectors were the primary contributors to performance, while the financials and consumer discretionary sectors detracted from performance. Market review In the first quarter, stock markets were volatile and uneven. U. S. equities rose modestly in January, supported by easing inflation and hopes for Federal Reserve (Fed) rate cuts, but momentum faded in February and early March. Large-cap technology stocks lagged, while value and small-cap stocks performed better. Geopolitical tensions, especially in the Middle East, pushed oil prices higher and pressured sentiment. By early March, the Dow had given up its year-to-date gains, while the S&P 500 Index and Nasdaq hovered near flat. By the end of the quarter, all three major indexes were in negative territory as rising oil prices and concerns over the duration of the Iran conflict pressured markets. Overall, markets shifted from broad optimism to cautious, data-dependent trading. Market turbulence often leads to opportunities. As 2026 began, there were solid reasons for optimism in the stock market. Inflation had moderated, giving central banks room to support growth without aggressive tightening. Corporate balance sheets remained healthy, productivity gains from artificial intelligence ( AI ) and automation were spreading beyond mega caps, and earnings growth was broadening across sectors. Valuations outside the largest technology names were reasonable, encouraging rotation and resilience. While volatility likely will persist, history shows markets reward patience, innovation, and disciplined investing. For long-term investors, 2026 offers opportunity, not fear, as fundamentals gradually reassert themselves over the coming year. With all this activity in the background, the S&P 500 Index decreased 4.33% for the quarter. The Russell 2000 Index was up ...
(RTTNews) - Dell Federal Systems, L.P. (DELL) Thursday said that it has secured a single-award, firm-fixed-price Blanket Purchase Agreement or BPA under the Department of War or DOW Enterprise Software Initiative. The agreement has an estimated total value of $9.69 billion, the company added. According to Dell Federal Systems, the follow-on DOW Enterprise Software Agreement II or ESA II BPA is des...
(RTTNews) - Dell Federal Systems, L.P. (DELL) Thursday said that it has secured a single-award, firm-fixed-price Blanket Purchase Agreement or BPA under the Department of War or DOW Enterprise Software Initiative. The agreement has an estimated total value of $9.69 billion, the company added. According to Dell Federal Systems, the follow-on DOW Enterprise Software Agreement II or ESA II BPA is designed to simplify and centralize software procurement across the DOW, the Intelligence Community, and the Coast Guard. Under the agreement, customers will be able to purchase Microsoft software licenses, cloud subscriptions, and Software Assurance services. The contract supports the DOW's continued use of core Microsoft products such as Windows Enterprise Operating System and Office Professional Plus, while also addressing increasing demand for cloud and hybrid solutions through tiered Microsoft 365 licenses and specialized packages, including the "Disconnected No Cloud Access" license, Dell Federal Systems added. On the NYSE, DELL ended Wednesday's trading at $305.32, up 0.08 percent. In overnight trading, the stock climbed 4.2 percent to $318.21. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.