Green Bay Packers' star running back Josh Jacobs has been arrested and taken into custody on five domestic abuse charges. The local Hobart-Lawrence Police Department in Wisconsin said they attended a disturbance complaint on Saturday morning and on Tuesday the 28-year-old was taken to Brown County Jail. He faces charges of battery, criminal damage to property and disorderly conduct, as well as int...
Green Bay Packers' star running back Josh Jacobs has been arrested and taken into custody on five domestic abuse charges. The local Hobart-Lawrence Police Department in Wisconsin said they attended a disturbance complaint on Saturday morning and on Tuesday the 28-year-old was taken to Brown County Jail. He faces charges of battery, criminal damage to property and disorderly conduct, as well as intimidation of a victim plus strangulation and suffocation. "This remains an active and ongoing investigation. No further information will be released at this time," said Hobart-Lawrence police chief Michael Renkas in a statement. Jacobs denied the allegations through his legal representatives. "Josh vehemently denies the allegations, and this matter is in the early stages of investigation with important evidence that has not yet been made public," attorneys David Chesnoff, Richard Schonfeld and Clarence Duchac said in a statement. "We ask for fairness and restraint while the judicial process takes its course." The Packers said they were "aware of the matter" but would not comment further on "an ongoing legal situation". "We are aware of the report and have been in contact with the club," the NFL said. Jacobs is entering his third season with the Packers after signing a four-year $48m (£35.6m) free agent deal in 2024. He is a three-time Pro Bowl selection (2020, 2022, 2024) and led the NFL in rushing yards during his time with the Las Vegas Raiders. In seven seasons, he has rushed for 7,803 yards from 1,840 carries and has scored 74 touchdowns.
For years, India was seen as one of the world’s most exciting stock markets, backed by strong economic growth, millions of retail investors and a booming corporate sector. But in a surprising turn, Taiwan has quietly moved ahead of India in total stock market value, and the reason has a lot to do with artificial intelligence (AI). Taiwan’s stock market capitalisation has climbed to nearly $4.95 tr...
For years, India was seen as one of the world’s most exciting stock markets, backed by strong economic growth, millions of retail investors and a booming corporate sector. But in a surprising turn, Taiwan has quietly moved ahead of India in total stock market value, and the reason has a lot to do with artificial intelligence (AI). Taiwan’s stock market capitalisation has climbed to nearly $4.95 trillion, slightly ahead of India’s $4.92 trillion, according to Bloomberg. The jump may appear surprising given Taiwan’s much smaller size and population. But global investors are currently chasing one big trend, i.e., AI and Taiwan is sitting right at the centre of it. Read Full Story THE AI BOOM CHANGED EVERYTHING Artificial intelligence has become one of the hottest investment themes in global markets. From chatbots to smart devices and data centres, AI requires powerful computer chips to function. This sudden rush towards AI-related businesses has pushed investors to companies involved in semiconductor manufacturing — an area where Taiwan dominates. As money flowed into AI-linked sectors, Taiwan emerged as one of the biggest winners. THE TSMC EFFECT: ONE COMPANY DRIVING THE STORY Much of Taiwan’s market rise can be linked to one company, i.e, Taiwan Semiconductor Manufacturing Company (TSMC). Taiwan Semiconductor Manufacturing Company is the world’s largest contract chipmaker and plays a major role in producing advanced semiconductors used in AI systems. The company makes chips for some of the world’s biggest technology firms, including Nvidia, Apple, Advanced Micro Devices and Qualcomm. As demand for AI chips exploded, TSMC’s shares rallied sharply, lifting the broader Taiwanese market with it. In fact, the company now accounts for a large share of Taiwan’s benchmark stock index, showing just how strongly one company has shaped the country’s market value. WHY INDIA FELL BEHIND India still has a much broader stock market, more listed firms and a far bigger economy. Howev...
Two things are notable here. First, that earnings growth rate dramatically outpaces revenue growth, evidence that the cost-restructuring work of the last two years is dropping straight to the bottom line. Second, the company has now beaten Zacks Consensus EPS Estimates in each of its trailing four quarters, with the average surprise running at 11.6%. That's not a fluke; that's a management team th...
Two things are notable here. First, that earnings growth rate dramatically outpaces revenue growth, evidence that the cost-restructuring work of the last two years is dropping straight to the bottom line. Second, the company has now beaten Zacks Consensus EPS Estimates in each of its trailing four quarters, with the average surprise running at 11.6%. That's not a fluke; that's a management team that has learned how to set guidance it can comfortably exceed. The setup into the earnings release is relatively straightforward. Salesforce guided first-quarter revenue of $11.03-$11.08 billion and adjusted earnings in a range of $3.11 to $3.13. The respective Zacks Consensus Estimates sit at $11.06 billion in revenue (a 12.5% increase) and $3.12 in earnings (up 20.9%). Roughly 60% of Agentforce deals are coming from existing customers, which is the single most important detail in the entire deck. It means the AI offering is a real expansion lever inside an installed base of more than 150,000 enterprises, not a hopeful greenfield bet. Revenue grew 12% in the fourth quarter, and non-GAAP operating margin expanded 110 basis points to 34.2%. The much-watched AI portfolio is no longer a science project: Agentforce and Data Cloud combined to generate roughly $2.9 billion in annualized recurring revenue (ARR) exiting fiscal 2026, more than tripling year-over-year, with Agentforce alone now contributing about $800 million in ARR after a 169% surge. Let's start with what's actually happening in the business, because the share-price chart and the operating reality have been telling very different stories. Salesforce closed fiscal 2026 with current remaining performance obligations of $35.1 billion, up 16% year-over-year, with management explicitly calling out larger deal sizes and early renewals as the drivers. For a company that just printed its fastest revenue growth in seven quarters, that disconnect deserves a hard second look. Salesforce is now demonstrating clear acceleration ...
pablorebo1984 Former BP Plc ( BP ) Chairman Albert Manifold pushed back against what he described as a “false narrative” surrounding his surprise departure from the British supermajor, as per Bloomberg . BP unexpectedly fired Manifold on Tuesday after eight months on the job, citing “serious concerns” related to “governance standards, oversight, and conduct.” The shares dropped 4%. People close to...
pablorebo1984 Former BP Plc ( BP ) Chairman Albert Manifold pushed back against what he described as a “false narrative” surrounding his surprise departure from the British supermajor, as per Bloomberg . BP unexpectedly fired Manifold on Tuesday after eight months on the job, citing “serious concerns” related to “governance standards, oversight, and conduct.” The shares dropped 4%. People close to BP who requested anonymity said there’d been complaints about aggressive behavior by Manifold toward employees, as well as of mishandling sensitive information and seeking to bypass the board on decisions in which it should have been involved, the report said. “I was removed without warning and without explanation,” Manifold said in an emailed statement. “I dispute entirely the characterization of my conduct and I will not allow a false narrative to go unchallenged.” More on BP p.l.c. Wall Street Lunch: BP Slips After Ousting Chairman Albert Manifold Over Governance Concerns BP p.l.c.: Risks Are Now To The Upside BP: The Market Still Underestimates This Turnaround BP boots chair Manifold over 'serious concerns' about conduct BP reportedly considers sale of some Egyptian gas assets
By Industry Consultant Jerry Peng The importance of the US–Taiwan Agreement on Reciprocal Trade (ART) lies less in the tariffs themselves than in the institutional certainty it creates. Tariffs have never been limited to customs clearance costs. Instead, they shape capital expenditure timelines, production capacity planning, supply-chain contingencies, and risk premiums embedded in long-term contr...
By Industry Consultant Jerry Peng The importance of the US–Taiwan Agreement on Reciprocal Trade (ART) lies less in the tariffs themselves than in the institutional certainty it creates. Tariffs have never been limited to customs clearance costs. Instead, they shape capital expenditure timelines, production capacity planning, supply-chain contingencies, and risk premiums embedded in long-term contracts. When reciprocal tariffs are capped at 15% without Most-Favored-Nation stacking, and semiconductors and their derivatives qualify for preferential treatment under the Section 232 framework — alongside institutional arrangements granting duty-free access for US-bound investment quotas and preferential tariff treatment for volumes exceeding those quotas — policy risk is substantially reduced. More importantly, commitments to tariff exemptions or preferential treatment for the equipment, raw materials, and components required to establish factories in the US allow cost models to return to engineering efficiency and process capabilities, rather than being driven by policy fluctuations. Corporate investment decisions can then return to the logic of market demand and technological evolution, rather than being driven by worst-case risk assumptions. This ensures that the cross-border flow of AI servers, high-performance computing chips, and advanced packaging supply chains is no longer amplified into strategic risk by tax uncertainty. As long as semiconductor R&D centers, the most advanced manufacturing processes, and large-scale mass production remain concentrated in Taiwan, the nation can maintain its core strategic position in the global semiconductor supply chain. The foundation of this position lies not in symbolism, but in three quantifiable factors: R&D hubs, leading-edge technology nodes, and mass-production scale. When institutional certainty and technological concentration converge, strategic positioning is anchored in industrial structure rather than short-term poli...
Putin Authorizes Debt Relief To Lure New Ukraine War Recruits On Monday President Vladimir Putin signed a law that effectively wipes clean up to 10 million rubles (approximately $140,000) in unpaid debt for new military recruits and their spouses , at a moment Russia needs more manpower to keep up its grinding 'special military operation' in Ukraine. The debt exemption applies to any Russian citiz...
Putin Authorizes Debt Relief To Lure New Ukraine War Recruits On Monday President Vladimir Putin signed a law that effectively wipes clean up to 10 million rubles (approximately $140,000) in unpaid debt for new military recruits and their spouses , at a moment Russia needs more manpower to keep up its grinding 'special military operation' in Ukraine. The debt exemption applies to any Russian citizen who signs a minimum one-year contract with the military to serve in Ukraine after May 1, 2026. The economic amnesty explicitly extends to an enlisted member's spouse as well - making it more attractive to struggling families. via War on the Rocks The bill smoothly cleared Russia's parliament earlier this month prior to going to Putin's desk for final authorization. It represents the newest addition to a series of economic incentives designed to keep boots on the ground without triggering a domestic political crisis. While an official death toll has not been issued or publicly maintained by the Kremlin, estimates commonly suggest deaths in the hundreds of thousands, or else a conservative estimate of high tens of thousands - after well over four-years of the tragic war. Similar figures are often offered on the Ukrainian side, which even more obviously suffers from a severe manpower crisis, leading to forcible recruitment often through officers nabbing eligible men off the streets. This fresh Kremlin debt forgiveness policy represents a new, softer and more incentive-based approach to military recruitment inside Russia. Prior 'partial' mobilizations have been deeply unpopular . Within the opening years of the war, there were reports that hundreds of thousands of draft-age Russian men fled across international borders in order to escape these mobilization waves. The pro-NATO Atlantic Council has meanwhile highlighted that Russia's military also fills manpower through controversial foreign recruitment methods : The Kremlin plans to recruit at least 18,500 foreigners to fight...
The cannabis industry has been a disappointment. Although Wall Street had high hopes for marijuana stocks toward the end of the last decade, as legal and regulatory progress in the market made pot growers more attractive, almost every one of them has significantly underperformed broader equities in recent years. Tilray Brands (NASDAQ: TLRY) , a leader in the industry, has been no exception: The co...
The cannabis industry has been a disappointment. Although Wall Street had high hopes for marijuana stocks toward the end of the last decade, as legal and regulatory progress in the market made pot growers more attractive, almost every one of them has significantly underperformed broader equities in recent years. Tilray Brands (NASDAQ: TLRY) , a leader in the industry, has been no exception: The company's shares have declined by more than 90% over the past five years. However, some investors hope that recent developments in the U.S. cannabis market could be a turning point for Tilray. Is now a good time to bet on the stock? Image source: The Motley Fool. Following an executive order signed by President Trump, products approved by the U.S. Food and Drug Administration that contain marijuana -- as well as medical cannabis products that are legal in certain states -- have been moved from Schedule I to Schedule III. Here's what that means. Under federal law, Schedule I substances are deemed the most addictive while having no recognized medical benefits. Products in the Schedule III category are considered less prone to abuse. This change will make it easier to research potential health-related benefits of marijuana, something that could move the needle for pot growers that operate in the U.S. Tilray is ready to take on this opportunity through its footprints in the U.S. market, where it offers a variety of CBD and hemp-based products, as well as a craft-brewing business. Continue reading
French consumer confidence fell more than expected in May, underscoring risks to the euro area’s second-largest economy as the effects of the Iran war spread. The monthly indicator from statistics agency Insee dropped two points to 82, its lowest level since early 2023. The reading was below the median estimate of 83 in a Bloomberg survey. France is under mounting pressure from the fallout of the ...
French consumer confidence fell more than expected in May, underscoring risks to the euro area’s second-largest economy as the effects of the Iran war spread. The monthly indicator from statistics agency Insee dropped two points to 82, its lowest level since early 2023. The reading was below the median estimate of 83 in a Bloomberg survey. France is under mounting pressure from the fallout of the Iran war, with businesses losing confidence and increasingly planning to raise prices. Other European economies face similar challenges, putting policymakers in a difficult position as they balance concerns about growth and inflation. Governments including France’s are ramping up aid packages for worst-hit sectors. But to prevent oil-cost increases spreading to other prices, European Central Bank officials are indicating a hike in borrowing costs is increasingly likely next month, even if such a move risks further slowing activity. Policymakers have said they will pay close attention to inflation expectations when they decide what action to take at their next rate decision on June 11. Insee’s report on Wednesday showed mixed signals in that respect. The proportion of households who consider prices have risen over the last year rose, but the balance between those expecting an acceleration and those not foreseeing future increases eased. The confidence indicator also showed a decline in consumers’ assessment of living standards, their financial situation and their capacity to make significant purchases. French Business Confidence Languishes Below Average French Resilience to Iran War Wilts in Blow to Budget Plans IMF Cuts France Growth Forecast and Warns of High Uncertainty
An impending liquidity event is forcing a seismic shift in capital allocation. The anticipated initial public offering of SpaceX, with valuations projected to eclipse $1.5 trillion, is acting as a massive gravitational force, pulling institutional and retail interest into the entire space economy. As capital floods the sector, a distinct divergence is emerging. While retail investors chase headlin...
An impending liquidity event is forcing a seismic shift in capital allocation. The anticipated initial public offering of SpaceX, with valuations projected to eclipse $1.5 trillion, is acting as a massive gravitational force, pulling institutional and retail interest into the entire space economy. As capital floods the sector, a distinct divergence is emerging. While retail investors chase headline-grabbing momentum, a deeper analysis of market internals reveals where sophisticated capital is placing its strategic bets. The space infrastructure sector currently features two distinct companies navigating the same macro tailwind. One is a high-velocity momentum play fueled by a powerful narrative and a significant short squeeze. The other is a mid-cap logistics specialist whose stock chart is being overshadowed by an explosive anomaly in its options chain, signaling a quiet but aggressive accumulation by institutional players. Understanding the fundamental differences between these two paths is critical for investors looking to position for the expected upcoming sector-wide re-rating. Get Redwire alerts: Sign Up High Altitude, Higher Risk It's impossible to ignore the recent parabolic move in AST SpaceMobile NASDAQ: ASTS. AST SpaceMobile has been a standout performer, surging on the powerful narrative of its direct-to-cell satellite technology. A landmark joint venture with telecom giants AT&T NYSE: T, T-Mobile NASDAQ: TMUS, and Verizon NYSE: VZ provides a compelling commercial validation story, while a scheduled mid-June triple satellite launch creates a tangible catalyst. This combination has sparked the beginnings of a short squeeze, with elevated short interest fueling AST SpaceMobile's ascent. AST SpaceMobile Today ASTS AST SpaceMobile $119.70 +13.84 (+13.07%) 52-Week Range $22.47 ▼ $129.89 Price Target $79.45 Add to Watchlist A look under the hood, however, reveals a more precarious situation. The valuation of AST SpaceMobile appears detached from its current fi...
(RTTNews) - Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased to $291.32 million from $57.55 million in the previous year. Earnings per share were $0.3...
(RTTNews) - Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased to $291.32 million from $57.55 million in the previous year. Earnings per share were $0.36 versus $0.13 last year. Adjusted EBITDA jumped to $198.62 million from $125.09 million in the prior year. Operating profit rose to $182.50 million from $75.46 million in the prior year. Revenue increased to $282.50 million from $218.75 million in the previous year. Further, the board set the first-quarter 2026 payout ratio at 80%, resulting in a dividend of $143.8 million, or $0.2877 per share. Looking ahead, the company said uncertainty remains high due to disruptions in the Strait of Hormuz and slower recovery in global oil production and refinery operations, though prolonged rerouting of trade flows is expected to support tanker demand. On Tuesday, Hafnia closed trading 1.52% lesser at NOK 77.90 on the Oslo Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
StevanZZ/iStock via Getty Images One of my favorite industries to write about is the midstream/pipeline industry. The space is defined by stable and reliably expanding cash flows. Margins are high, and valuations of many of these companies are on the lower end of the spectrum. Although it's not my favorite of the players out there, one firm that I definitely like in this industry is Enterprise Pro...
StevanZZ/iStock via Getty Images One of my favorite industries to write about is the midstream/pipeline industry. The space is defined by stable and reliably expanding cash flows. Margins are high, and valuations of many of these companies are on the lower end of the spectrum. Although it's not my favorite of the players out there, one firm that I definitely like in this industry is Enterprise Products Partners ( EPD ). In addition to having its own niche, the company is a giant in the space, with a market capitalization of $82.77 billion. The most recent data shows that revenue has dropped. But cash flows continue to rise as management continues to invest in growth opportunities. I care less about the distribution. However, it is also a fact that the yield that the company offers is top-notch, with most other companies that are similar to it paying out less in relation to their market values. The last article that I wrote about Enterprise Products Partners came out in February of this year. At that time, I called it a high-tier candidate that deserved a very solid "Buy" rating. And since then, the firm has indeed outperformed the market. The total upside for investors since then has been 11.7%. That compares to the 7.6% increase that the S&P 500 experienced over the same window of time. Despite this move higher, the stock still looks attractive. Leverage is low, and growth prospects are strong enough to justify remaining bullish. Enterprise Products Partners Shouldn’t Be Ignored Enterprise Products Partners If I had to make a list of my favorite midstream/pipeline candidates, I don't know exactly where Enterprise Products Partners would sit. But it would definitely be in the top five. The company is definitely an interesting prospect if you ask me. Management describes it as a fully integrated, midstream energy asset network. Through its asset base , it provides midstream energy services to both producers and consumers of natural gas, crude oil, petrochemicals, ref...