Tony Blair has accused Keir Starmer, Andy Burnham and Wes Streeting of putting Labour’s future at risk by abandoning the centre ground, warning that the party’s “almost infinite capacity for self-delusion” means it is likely to lose the next election. In a scathing 5,700-word attack on the prime minister and his would-be successors published on Tuesday night, Blair argued for the government to cra...
Tony Blair has accused Keir Starmer, Andy Burnham and Wes Streeting of putting Labour’s future at risk by abandoning the centre ground, warning that the party’s “almost infinite capacity for self-delusion” means it is likely to lose the next election. In a scathing 5,700-word attack on the prime minister and his would-be successors published on Tuesday night, Blair argued for the government to crack down on welfare spending, abandon restrictions on oil and gas and smooth relations with Donald Trump. His essay, a highly unusual intervention for a past Labour prime minister, is likely to draw a furious response from across the party, where Blair’s legacy remains highly contentious. On Tuesday, one senior source accused him of abandoning social democratic values to embrace an agenda that had “no answers”. But Blair also suggested it was a mistake for others in the party to seek to remove Starmer as prime minister, saying: “The Labour party is playing with fire; or, more accurately with its future, and that of the country. Whether there is a leadership change or not is irrelevant if it doesn’t start with a policy debate. “Trying to force the prime minister out, before we know what policy direction we’re bringing in, is not a serious way of conducting ourselves.” Blair attacked Burnham and his fellow leadership contender Wes Streeting – who has often been cast as a Blairite but rejects the label – for ideas on tax and spending that he said had been rejected by serious governments. He said it was a “perennial delusion” that the party should move left while losing seats to the right, saying it was “dangerous to do it in government”. While Labour is likely to lose many more seats to Reform than the Greens in a general election, most analysts of the recent local elections suggest that it loses four times as many votes to the Greens, splitting the left-leaning vote. Blair also criticised Starmer’s approach to the US war with Iran, despite most polls showing it was popular wit...
Did Tony Blair ever mention he was quite good at winning elections? If you happened to miss it, then his 5,700-word opus on where Labour, Keir Starmer and the UK more generally have gone wrong is here to remind you. Several times. “I led the Labour party for 13 years and through three general elections,” goes the second sentence. Further on, Blair laments that when the party tries to puzzle out ho...
Did Tony Blair ever mention he was quite good at winning elections? If you happened to miss it, then his 5,700-word opus on where Labour, Keir Starmer and the UK more generally have gone wrong is here to remind you. Several times. “I led the Labour party for 13 years and through three general elections,” goes the second sentence. Further on, Blair laments that when the party tries to puzzle out how to win a second term, the one thing ruled out was “learning from the only time in the party’s 120-year history it has ever done so”. Blair’s essay, released by his eponymous thinktank, contains some slivers of praise for contemporary Labour politicians. Starmer made his party an “acceptable default” at the 2024 election. Wes Streeting is a “huge political talent”. But overall, the intervention by the former prime minister almost feels designed to inflict maximum annoyance on his party, in terms of the content of the repeated criticism and the timing, before a byelection in Makerfield that could shape Labour’s destiny for years to come. And it has already annoyed people. “He is becoming less and less relevant,” was one of the more polite responses about a man who left frontline politics nearly 20 years ago and is now mainly seen at glitzy, elite meet-and-greets such as the World Economic Forum in Davos, or hobnobbing with Donald Trump as part of his Gaza Board of Peace. This is not to say Blair is being deliberately disingenuous. The very clear tone of the essay is that of a man who worries deeply that the party he once led, plus the UK more widely, is stuck in a loop of insular political debate, not even beginning to get to grips with what he portrays as the century-defining challenge – and opportunity – of AI. The current leadership debate concerning Streeting and Andy Burnham, whom Blair also praises, “has an extraordinarily retro 20th-century feel to it”, he complains. Some in Labour might well agree, but the problem for Blair is something of a repeat offender. The Ton...
Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...
Shares of TeraWulf (Nasdaq: WULF) surged during market hours on May 26 after the Bitcoin miner-turned-AI infrastructure company announced the acquisition of a hyperscale high-performance computing site. TeraWulf is a United States-based digital infrastructure company founded in 2021 by energy ...
Energy is the vital force powering the economy. And as artificial intelligence (AI) and data centers create new demands for electricity, the energy sector is expected to grow immensely in the coming decades. For investors looking for exposure to this growing industry, the following two growth stocks are easily worth a $100 investment. 1. Bloom Energy Bloom Energy (BE 0.03%) is hands down one of th...
Energy is the vital force powering the economy. And as artificial intelligence (AI) and data centers create new demands for electricity, the energy sector is expected to grow immensely in the coming decades. For investors looking for exposure to this growing industry, the following two growth stocks are easily worth a $100 investment. 1. Bloom Energy Bloom Energy (BE 0.03%) is hands down one of the most momentous energy stocks on the market today. The clean energy supplier has grown by over 200% since the start of the year -- and a whopping 1,450% since last year. In a nutshell, Bloom makes big box-shaped energy servers that allow businesses to generate electricity on-site instead of buying all of it from the grid. These mini power plants ensure the lights stay on even when the main power grid goes out. That makes them perfect for clients who need reliable 24/7 power, like hospitals and data centers. Indeed, one of Bloom's first "proof of concept" moments was in the early stages of the COVID-19 pandemic, when it deployed energy servers to a field hospital in Sacramento. The 400-kilowatt (KW) "microgrid" was installed in less than a week and provided power to the makeshift medical facility, itself a response to California's overcrowded hospitals. Expand NYSE : BE Bloom Energy Today's Change ( -0.03 %) $ -0.09 Current Price $ 302.40 Key Data Points Market Cap $86B Day's Range $ 300.50 - $ 318.00 52wk Range $ 18.12 - $ 322.83 Volume 8.8M Avg Vol 10.5M Gross Margin 31.08 % Since 2025, Bloom's marquee client list has grown stronger due to high demand from AI data centers. Bloom inked its biggest deal with Brookfield Asset Management at the end of 2025, a $5 million agreement to deploy Bloom's servers for the asset manager's AI factories. It recently partnered with AI infrastructure leader Nebius in a $2.6 billion deal. The company also has partnerships with Equinix, Oracle, and CoreWeave. Revenue growth has exploded, with Bloom reporting 130% year-over-year first-quarter...
Key Points Nu has grown rapidly over the past five years. It's expanding into Mexico to maintain that momentum. It faces higher credit risks, customer acquisition costs, and regulatory challenges in Mexico. 10 stocks we like better than Nu Holdings › Nu Holdings (NYSE: NU) owns NuBank, the largest digital-only bank in Latin America. By streamlining its online services, it expanded much faster than...
Key Points Nu has grown rapidly over the past five years. It's expanding into Mexico to maintain that momentum. It faces higher credit risks, customer acquisition costs, and regulatory challenges in Mexico. 10 stocks we like better than Nu Holdings › Nu Holdings (NYSE: NU) owns NuBank, the largest digital-only bank in Latin America. By streamlining its online services, it expanded much faster than its regional brick-and-mortar competitors. From 2021 to 2025, its year-end customer base expanded from 54 million to 131 million, its activity rate (active customers divided by total customers) improved from 76% to 83%, and its average revenue per customer (ARPU) more than tripled from $4.50 to $15. However, most of Nu's customers are in Brazil. To curb its dependence on that saturated market, where it already serves more than half of the country's adult population, it's aggressively expanding in Mexico. Still, that closely watched expansion could face some tough challenges. 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 » What challenges does Nu face in Mexico? Nu served 15 million customers in Mexico in the first quarter of 2026, up from 6.6 million customers in the first quarter of 2024 and 2.1 million customers in the first quarter of 2022. However, Nu's customers in Mexico have a much higher non-performing loan (NPL) rate than its customers in Brazil. Therefore, its credit risk is rising as it prioritizes its market share growth over the reliability of those new customers. It's also spending more money in Mexico to cross-sell additional products (credit cards, bank deposits, loans, and other financial services) to grow its revenue per customer. Those investments could drive up its average cost per active customer -- which has held fairly steady since its IPO in 2021, even as it gained more customers ...
Iraq's Oil Collapse Sparks Race For New Export Routes Authored by Simon Watkins via OilPrice.com , Iraq's oil production has collapsed to just 1.39 million bpd after the Strait of Hormuz blockade stranded exports. Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline. China is re-emerging as a major strategi...
Iraq's Oil Collapse Sparks Race For New Export Routes Authored by Simon Watkins via OilPrice.com , Iraq's oil production has collapsed to just 1.39 million bpd after the Strait of Hormuz blockade stranded exports. Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline. China is re-emerging as a major strategic player in Iraq's energy infrastructure, with Chinese firms heavily involved in Baghdad's new north-south pipeline expansion. April was indeed the cruellest month for decades for Iraq's crude oil production, with an average of 1.389 million barrels per day (bpd) over the period. This compares to a monthly average of 3.47 million bpd from January 2002 to the end of March this year, and an average of over 4.1 million bpd in the three months leading up to the onset of the U.S./Israel-Iran War on 28 February. The last time oil production fell to the current level in the country was in the early 2000s, during and immediately following the 2003 U.S.-led invasion. Even for a diversified economy, this would spell bad news, but for Iraq, it is existential, with over 90% of its annual budget historically coming from oil and around 95% of that black gold having to pass through the still-blockaded Strait of Hormuz before it is monetised. The effective closure of that key export route meant that Iraq's domestic oil storage tanks quickly filled to maximum capacity, and because it has extremely limited options to transport its crude elsewhere, it has been forced to shut down production wells entirely. As disastrous as it is now, even worse may be to come soon, as these shutdowns can cause permanent damage to wells through a loss of reservoir pressure, water infiltration, and corrosion, among other factors. In Iraq's case, many of its biggest mature southern fields are highly susceptible to these problems. This is why the race has been on in Baghdad to secure other export options, most no...
StevanZZ/iStock via Getty Images Western Midstream Partners, LP ( WES ) is a highly attractive distribution growth play for investors that want to predictably grow their incomes from a reliable MLP. In my opinion, Western Midstream reflects the right mix of strong core business growth, especially geared around the midstream firm’s natural gas operations, and a fast-growing distribution that could ...
StevanZZ/iStock via Getty Images Western Midstream Partners, LP ( WES ) is a highly attractive distribution growth play for investors that want to predictably grow their incomes from a reliable MLP. In my opinion, Western Midstream reflects the right mix of strong core business growth, especially geared around the midstream firm’s natural gas operations, and a fast-growing distribution that could help investors offset inflationary impacts going forward. I like Western Midstream for its reliable EBITDA and distributable cash flow growth, its expanding pipeline footprint, especially in the Delaware Basin, and strong projections for natural gas demand in the decades ahead. With units also trading at an affordable EBITDA multiplier, I see WES as a low-risk, highly predictable midstream enterprise with both distribution and capital appreciation upside. Data by YCharts Previous Rating I rated Western Midstream a Strong Buy in September 2025 -- Why I Am Buying This 9% Yield Hand Over Fist -- due to the midstream platform growing its core transportation business and broadening its customer base through acquisitions. The most recent acquisition in the Delaware Basin is expected to be accretive to distributable cash flow and could further support the platform's distribution growth. Shares are moderately valued and have revaluation upside on the back of the recent Brazos Delaware acquisition. Strong Core Business Performance Underpins Value Proposition for Conservative Investors Western Midstream Partners is a fast-growing, publicly traded master limited partnership that operates as a critical midstream energy infrastructure provider in the U.S. Originally formed by Anadarko Petroleum, WES is structurally aligned with Occidental Petroleum ( OXY ), which remains its primary customer and a major stakeholder. Western Midstream, which has a main focus on natural gas transportation, further announced a major acquisition earlier in May: the midstream acquired Brazos Delaware for a t...
(RTTNews) - Ferrari N.V (2FE.DE) revealed its first all-electric car, the Luce, in a bold move into the luxury EV market, even as demand for high-end electric sports cars has recently dipped. This new four-door model, which translates to 'light' in Italian, was crafted with the help of Jony Ive and his design team at LoveFrom. Notably, it's Ferrari's first car designed to fit five passengers, targ...
(RTTNews) - Ferrari N.V (2FE.DE) revealed its first all-electric car, the Luce, in a bold move into the luxury EV market, even as demand for high-end electric sports cars has recently dipped. This new four-door model, which translates to 'light' in Italian, was crafted with the help of Jony Ive and his design team at LoveFrom. Notably, it's Ferrari's first car designed to fit five passengers, targeting wealthy families who want a mix of high performance, luxury, and cutting-edge tech. With a price tag of around 550,000 euros, about $640,000, the Luce is set to start deliveries in late 2026. It boasts over 1,000 horsepower thanks to four electric motors, one at each wheel, and can reach speeds over 310 kilometres per hour while offering a driving range of more than 500 kilometres. CEO Benedetto Vigna mentioned that this vehicle is the product of five years of hard work. Ferrari's team believes the Luce is meant for those wanting a unique driving experience while still capturing the brand's signature feel, enhanced by electric vibrations and sounds. On top of that, Ferrari aims to boost its presence in markets like China, where electric vehicles are becoming the norm, and taxes on large gasoline engines are hefty. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Peloton Interactive (NASDAQ:PTON) , a connected fitness products and services provider, closed Tuesday at $5.77, up 1.05%. The stock moved following the announcement of Sid Thacker as its new Chief Financial Officer. Investors are watching how leadership changes support its ongoing profitability gains. Trading volume reached 65.8 million shares, about 364% above its three-month average of 14.2 mil...
Peloton Interactive (NASDAQ:PTON) , a connected fitness products and services provider, closed Tuesday at $5.77, up 1.05%. The stock moved following the announcement of Sid Thacker as its new Chief Financial Officer. Investors are watching how leadership changes support its ongoing profitability gains. Trading volume reached 65.8 million shares, about 364% above its three-month average of 14.2 million shares. Peloton Interactive IPO'd in 2019 and has fallen 78% since going public. The S&P 500 added 0.62% to finish Tuesday at 7,519, while the Nasdaq Composite gained 1.19% to close at 26,656. In the leisure space, industry peer Yeti closed at $46.05, up 1.36%, as investors compare branded consumer demand trends across discretionary names. While the market didn’t seem to have a major reaction to Sid Thacker joining Peloton as the company’s new CFO, it could prove to be a promising move for investors. Thacker was previously the CFO at Rent the Runway for the last three years and “reset the company's balance sheet and drove a return to top-line revenue and subscriber growth.” Continue reading
Check out the companies making headlines after the bell : Box — The cloud-based content management provider slipped 2% after guiding for full-year adjusted earnings of $1.56 per share, while analysts polled by LSEG were expecting $1.63. However, Box did report first-quarter adjusted earnings of 37 cents per share on revenue of $306 million, beating the 36 cents and $304 million analysts were seeki...
Check out the companies making headlines after the bell : Box — The cloud-based content management provider slipped 2% after guiding for full-year adjusted earnings of $1.56 per share, while analysts polled by LSEG were expecting $1.63. However, Box did report first-quarter adjusted earnings of 37 cents per share on revenue of $306 million, beating the 36 cents and $304 million analysts were seeking. Zscaler — Shares tumbled 16% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company's fiscal third-quarter adjusted earnings of $1.08 per share beat forecasts of $1.01 per share, while its $850 million revenue also exceeded the $835 million consensus estimate. Shares of Palo Alto Networks and CrowdStrike both shed 2% in sympathy. Semtech — The semiconductor stock popped 8% after Semtech posted first-quarter adjusted earnings and revenue that beat estimates. The company also guided for current-quarter earnings, adjusted operating margin and EBITDA that exceeded analysts' expectations, according to LSEG. Insulet — Shares dropped about 9% after the medical device company announced a voluntary medical device correction for specific lots of several of its pods. The correction was due to a manufacturing issue that could result in insulin under-delivery to patients. Modine Manufacturing — The manufacturing stock added 1% after Modine reported fiscal fourth-quarter adjusted earnings of $1.71 per share on revenue of $954.5 million. Analysts polled by FactSet were seeking earnings of $1.55 per share and $920.7 million in revenue. Shares of Modine surged nearly 14% on Tuesday after the company said it landed a $4 billion data center cooling deal .
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvi...
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvidia received U.S. approval to export advanced H200 AI processors to approximately 10 Chinese companies. A ray of hope emerged when Nvidia CEO Jensen Huang was invited aboard Air Force One to visit China with the President, after the company had to forgo the Chinese market because regulations halted the shipment of its AI chips to the country. However, China has shut its doors on the deal, as Beijing has refused to approve purchases of Nvidia's H200 AI chips. It looks like the company has to continue to forgo the $50 billion Chinese market opportunity. We look into Nvidia at this juncture, post its blockbuster Q1 earnings. About Nvidia Stock Nvidia has become the world’s most valuable company, fueled by its leadership in AI and high-performance computing. Its advanced GPUs and AI platforms power data centers, cloud services, and cutting-edge applications, positioning the company as a central force in global technology and the driving engine of the AI revolution. Nvidia boasts a massive market capitalization of $5.21 trillion. Based on the explosive demand for AI chips and record-breaking earnings, Nvidia’s stock has been holding up well on Wall Street. Over the past 52 weeks, the stock has gained 63.65%, and it is up 15.21% year-to-date (YTD). Nvidia’s shares had reached an all-time intraday high of $236.54 on May 14, but are down 9.17% from that level. Nvidia’s stock has a 14-day relative strength index (RSI) of 53.26, which indicates modest bullish momentum but no strong trading signal. On a forward-adjusted basis, its price-to-earnings (non-GAAP) ratio of 24.10 times is l...
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvi...
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvidia received U.S. approval to export advanced H200 AI processors to approximately 10 Chinese companies. A ray of hope emerged when Nvidia CEO Jensen Huang was invited aboard Air Force One to visit China with the President, after the company had to forgo the Chinese market because regulations halted the shipment of its AI chips to the country. More News from Barchart However, China has shut its doors on the deal, as Beijing has refused to approve purchases of Nvidia's H200 AI chips. It looks like the company has to continue to forgo the $50 billion Chinese market opportunity. We look into Nvidia at this juncture, post its blockbuster Q1 earnings. About Nvidia Stock Nvidia has become the world’s most valuable company, fueled by its leadership in AI and high-performance computing. Its advanced GPUs and AI platforms power data centers, cloud services, and cutting-edge applications, positioning the company as a central force in global technology and the driving engine of the AI revolution. Nvidia boasts a massive market capitalization of $5.21 trillion. Based on the explosive demand for AI chips and record-breaking earnings, Nvidia’s stock has been holding up well on Wall Street. Over the past 52 weeks, the stock has gained 63.65%, and it is up 15.21% year-to-date (YTD). Nvidia’s shares had reached an all-time intraday high of $236.54 on May 14, but are down 9.17% from that level. www.barchart.com Nvidia’s stock has a 14-day relative strength index (RSI) of 53.26, which indicates modest bullish momentum but no strong trading signal. On a forward-adjusted basis, its price-to-earn...
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvi...
President Trump made a total of at least $220 million in stock and bond purchases during the first quarter, according to a filing with the Office of Government Ethics. Six of those trades included chipmaker Intel Corporation (INTC), which grabbed eyeballs. However, there was another notable deal in which the U.S. President bought up to $5 million in shares of chip behemoth Nvidia (NVDA). Also, Nvidia received U.S. approval to export advanced H200 AI processors to approximately 10 Chinese companies. A ray of hope emerged when Nvidia CEO Jensen Huang was invited aboard Air Force One to visit China with the President, after the company had to forgo the Chinese market because regulations halted the shipment of its AI chips to the country. However, China has shut its doors on the deal, as Beijing has refused to approve purchases of Nvidia's H200 AI chips. It looks like the company has to continue to forgo the $50 billion Chinese market opportunity. We look into Nvidia at this juncture, post its blockbuster Q1 earnings. About Nvidia Stock Nvidia has become the world’s most valuable company, fueled by its leadership in AI and high-performance computing. Its advanced GPUs and AI platforms power data centers, cloud services, and cutting-edge applications, positioning the company as a central force in global technology and the driving engine of the AI revolution. Nvidia boasts a massive market capitalization of $5.21 trillion. Based on the explosive demand for AI chips and record-breaking earnings, Nvidia’s stock has been holding up well on Wall Street. Over the past 52 weeks, the stock has gained 63.65%, and it is up 15.21% year-to-date (YTD). Nvidia’s shares had reached an all-time intraday high of $236.54 on May 14, but are down 9.17% from that level. Nvidia’s stock has a 14-day relative strength index (RSI) of 53.26, which indicates modest bullish momentum but no strong trading signal. On a forward-adjusted basis, its price-to-earnings (non-GAAP) ratio of 24.10 times is l...
STORY: "As this ongoing buildout of artificial intelligence infrastructure has happened," prices for memory chips have risen, Stucky said. Equating the hike in memory chip prices to the rise of oil prices, Stucky said, "this would be the equivalent of oil markets moving from $60 a barrel to north of $300 a barrel."
STORY: "As this ongoing buildout of artificial intelligence infrastructure has happened," prices for memory chips have risen, Stucky said. Equating the hike in memory chip prices to the rise of oil prices, Stucky said, "this would be the equivalent of oil markets moving from $60 a barrel to north of $300 a barrel."
Sakorn Sukkasemsakorn/iStock via Getty Images I'm leaving the " Buy" rating for JOYY Inc. ( JOYY ) unchanged. JOYY's 2Q26 sales outlook was better than what the market predicted. It also aims to share cash representing over half of its market cap with stockholders in the next three years. My earlier March 12, 2026, article highlighted its above-consensus 4Q25 financial numbers and 1Q26 management ...
Sakorn Sukkasemsakorn/iStock via Getty Images I'm leaving the " Buy" rating for JOYY Inc. ( JOYY ) unchanged. JOYY's 2Q26 sales outlook was better than what the market predicted. It also aims to share cash representing over half of its market cap with stockholders in the next three years. My earlier March 12, 2026, article highlighted its above-consensus 4Q25 financial numbers and 1Q26 management guide. Solid Growth Momentum Is Sustainable I predicted that JOYY would witness "near-term top line acceleration" in my prior update. I was proven to be right after its results disclosure on May 25. The firm's revenue increase improved from 4Q2025's +5.9% to 1Q2026's +12.4% on year-on-year terms. The latest quarterly figure of $556 million was also 2.3% higher than the consensus forecast. Moving forward, the company set expectations for a better 12.6% YoY rise to $571.5 million (mid-point) in Apr-Jun '26. In my opinion, the advertising division's expansion and the live-streaming unit's turnaround played a major role in this resurgence. My mid-March submission indicated that its "BIGO Ads" operations have "intentionally focused on less-contested and under-penetrated areas like the Southeast Asian market and insurance vertical." This helps to explain why this segment was able to achieve a substantial 56% YoY jump in 1Q26 sales to $125 million. JOYY's earnings release also credited the ads-related business's outperformance to "broader traffic coverage" in the earnings release. It intends to extend this upward trend by "advancing integrations with industry-leading mediation platforms" as per the analyst briefing . Separately, the "BIGO Live" arm's revenues reversed from a 20.4% YoY contraction in 1Q2025 to record a 2.4% growth to $0.38 billion for 1Q2026. I think that's attributable to a broader portfolio and the use of artificial intelligence. At the results meeting, JOYY shared that the top-line contribution from fresh live-streaming solutions went up sixfold in the last thre...
Lululemon Athletica ( LULU ) is near an agreement to settle a proxy battle with founder Chip Wilson. Lululemon ( LULU ) and Wilson are discussing a settlement that would expand the board by appointing two of Wilson's nominees with an agreement to add another mutually agreed-on director at a later date, according to a Reuters report on Tuesday, which cited people familiar with the matter. The deal ...
Lululemon Athletica ( LULU ) is near an agreement to settle a proxy battle with founder Chip Wilson. Lululemon ( LULU ) and Wilson are discussing a settlement that would expand the board by appointing two of Wilson's nominees with an agreement to add another mutually agreed-on director at a later date, according to a Reuters report on Tuesday, which cited people familiar with the matter. The deal would also give Wilson access to Heidi O'Neill, Lululemon's incoming CEO, on a regular basis. Wilson, who owns 8.5% of Lululemon ( LULU ), also promised not to disparage the company publicly or privately for two years, and his stake would be capped at 10%, according to the report. The sources cautioned Reuters that a settlement isn't guaranteed. Wilson and Lululemon couldn't be immediately reached for comment from Reuters. A potential settlement comes ahead of a June 25 annual meeting where the proxy battle was set to be decided after a war of words between the company and Wilson in recent months. Wilson founded Lululemon in 1998 after previously building and selling Westbeach Snowboard, and he became the company’s original CEO and later chairman. He stepped back from the board in 2015. More on Lululemon lululemon athletica: The Sell-Off Is Overdone, But Don't Fall In Love With The Stock lululemon: North American Sales Slump And A Stale Product Line Spell Trouble For Shares lululemon: Might Regret Not Buying At These Prices (Earnings Preview) Lululemon expands in Europe by opening its first store in Greece Michael Burry adds PayPal, MercadoLibre, Adobe, Lululemon Athletica
BTS. The Pussycat Dolls. "Scrubs." It's en vogue these days to make a comeback. Could Tesla's recently discontinued electric cars — the Model S and Model X — eventually join the trend? Lars Moravy, Tesla's vice president of vehicle engineering, left the door open for the luxury sedan and SUV model revivals in an interview with the "Ride the Lightning" podcast released this weekend. "It was just li...
BTS. The Pussycat Dolls. "Scrubs." It's en vogue these days to make a comeback. Could Tesla's recently discontinued electric cars — the Model S and Model X — eventually join the trend? Lars Moravy, Tesla's vice president of vehicle engineering, left the door open for the luxury sedan and SUV model revivals in an interview with the "Ride the Lightning" podcast released this weekend. "It was just like: now is not the right time to keep this one going," he said about the decision to ax the cars. "That doesn't mean it goes away forever. Never say never." To be clear, Moravy did not say Tesla is actively working on a new Model S or Model X — but he also did not rule it out. He also offered a fresh reason for the car's discontinuation: global crash-test requirements. "Every five years or so, Euro NCAP updates their protocols," Moravy said, adding that Tesla wants to make "the safest cars on the road," which requires structural updates. The platform "was never designed for" some newer crash cases, he said, including small-overlap and offset tests. Tesla had made "band-aids along the way," but he said keeping the vehicles compliant would require "a massive overhaul." Tesla has previously said the cars were discontinued because of new business goals. During a January earnings call, CEO Elon Musk said the automaker was giving the vehicles an "honorable discharge" as it shifted its focus toward autonomous vehicles and robotics. The final Model S and Model X units rolled off the Fremont, California, production line in mid-May as the plant began transforming into an assembly line for Tesla's Optimus robot. Each one built with love. When @elonmusk said that, really choked me up. Everyday we make our products with our customers in mind. We love all of you more than you know. Thanks for CONSTANTLY lifting us up. ALL THE LOVE!!!! pic.twitter.com/SlAICwnRcN — Lars (@larsmoravy) May 21, 2026 On the podcast, Moravy said Tesla sold about 750,000 Model S and Model X cars during their lif...
US equity indexes were mixed, as technology helped push the S&P 500 and the Nasdaq Composite to new Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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This 20-episode take on the second world war, helmed by the Saving Private Ryan star, is a vast creation. But it still manages to wind up feeling basic – despite its great archive footage World War II with Tom Hanks opens with a sales pitch, for World War II, by Tom Hanks. “The second world war,” says he, eyeballing us in medium closeup with calm paternal authority, “is the largest event in human ...
This 20-episode take on the second world war, helmed by the Saving Private Ryan star, is a vast creation. But it still manages to wind up feeling basic – despite its great archive footage World War II with Tom Hanks opens with a sales pitch, for World War II, by Tom Hanks. “The second world war,” says he, eyeballing us in medium closeup with calm paternal authority, “is the largest event in human history. No part of the globe is unaffected. The second world war changed everything. For all of us.” Hanks is the narrator and is at the beginning and end of each of the 20 instalments, the on-screen master of ceremonies for a series that is up there with the largest documentaries in human history. Its 20-episode run invites comparisons with ITV’s monumental 1973 classic The World at War, which sprawled across 26 episodes. The new series persists in telling us that we are, together, tackling the big one. After Hanks’s introductory spiel, there is a montage that recurs at the start of subsequent episodes, with contributors underlining how massive the war’s impact was. World War II with Tom Hanks aired on Sky History and is available on Now. Continue reading...