Pope Leo XIV made an impassioned case against the harms of artificial intelligence and data centers in a widely followed letter, adding to the industry’s growing public-relations problem. Just last month, privately held Compass Datacenters, which is backed by Brookfield Asset Management pulled out of attempts to build an over 800-acre Virginia campus after opposition and increasing regulations. In his encyclical letter released Monday, the pope warned about AI’s environmental and social impacts.

共和党总统特朗普任命的监管机构正推行自 2008 年金融危机以来 规模最大的银行监管改革 。监管方表示，过往审查人员过度拘泥于流程、纠缠细枝末节，如今应聚焦 核心金融风险 ；批评者则认为，此番调整将整体削弱金融体系稳定性。以下为核心改革举措： 一、监管重心转向 “重大风险” 美联储、美国货币监理署（OCC）、联邦存款保险公司（FDIC）联合提高监管核查门槛，要求审查人员聚焦 重大金融风险 ，而非对银行安全稳健性无直接威胁的文书与流程问题。 停止监管 声誉风险 ：银行长期抱怨该指标赋予审查人员过大主观裁量权，动辄以此为由处罚银行；特朗普亦曾公开指责银行借声誉风险管理为由拒绝为保守派群体提供服务（银行对此否认）。 批评观点：此举削弱审查人员对 “非重大但具潜在隐患” 问题（如内控失效、治理缺陷、流程漏洞）的监管能力，而这类问题往往是重大风险的导火索。 二、限制 “需关注事项函（MRA）” 使用 为确保审查聚焦重大风险，监管机构收紧 MRA 函 （机密指令，要求银行整改问题，否则面临执法行动）的使用： 仅针对 重大金融风险 可下发 MRA；其他问题仅出具 无约束力的 “观察意见” 。 银行主动发现并整改原可触发 MRA 的问题时，审查人员仅出具观察意见。 OCC 与 FDIC 拟缩小 “不安全、不稳健行为” 的定义范围，减少监管介入场景。 三、减少监管重叠，倚重银行内部审计 跨机构协同：要求审查人员加强跨机构协作，避免重复检查；美联储指示工作人员 最大限度依赖其他主监管机构的核查结果 ，仅在无法合理依赖时开展独立审查。 内部审计采信：若银行内部审计机制完备，审查人员需 直接采信内部审计结论 判断问题是否整改，无需独立复核。 四、整改银行私密评级体系 三大机构同步改革银行评级制度（评级差的银行将面临处罚或业务限制），核心为 CAMELS 评级体系 （资本、资产、管理、盈利、流动性、市场风险敏感度）： 行业痛点：原框架主观性过强，银行长期诟病。 改革方向： 强化金融风险相关指标、弱化管理质量等模糊指标 。 五、重塑申诉流程 FDIC 与 OCC 优化银行针对 MRA、监管评级等决定的申诉机制，提升 结构化、独立性、透明度 ： 现状：原流程透明度低，初始审查人员干预过多。 举措：设立 独立仲裁机构 处理争议；美联储要求银行若发现审查人员未遵守新标准，可直接向美联储高层举报。 六...

TriggerPhoto/iStock Unreleased via Getty Images The iShares U.S. Large Cap Premium Income Active ETF ( BALI ) runs a parallel of two strategies: one is going long on stocks and indices, and the other one is writing call options to generate an incremental yield. The overall strategy, however, is executed in three tranches: the first one is active selection of large-cap stocks, the other one is to write covered index call options, and the third layer is going long via index futures contracts. At present the 30-day SEC yield of the ETF is ~1.11% . However, the distribution rate is significantly higher than that, being at around ~7.75% . The expense ratio of the fund is remarkably at the lower end when accounting for active security selection, including derivatives management. Still, however, the ETF would be better placed on a watchlist than allocated at present. Portfolio Composition, Strategy Execution, and Performance Comparison The ETF is technology-heavy at present, with over ~34% of exposure to the information technology sector. Coincidentally, this is the sector which remains among the most highly valued at present. A meaningful portion of the fund return trajectory would be impacted by the performance of technology stocks. This remains a delicate proposition to be in at present. Also, the fund doesn’t purchase protective puts or maintain any meaningful hedging structure which might allow it to bear drawdowns. At present time, largely due to valuations, I would consider this aspect to go against an allocation towards the fund. Portfolio allocation (fund webpage) The strategy of the fund could broadly be defined in three layers as reflected in the fund literature. However, in substance, I would define them in two parts: the first part is simply active security selection of large-cap stocks, and the second part is the covered call writing on indexes while going long on their futures contracts. Kindly note that this is how I would effectively explain the fund’s str...

Moby summary of Ituran Location and Control Ltd.'s Q1 2026 earnings call

"They came and computer modelled the cathedral and gave us all the plans and the bricks, and then it was just up to us to encourage visitors to pay £1 and for us to add the bricks."

Tennis players are accustomed to competing in high temperatures - but not necessarily at the French Open. Unseasonably hot weather in Paris has seen the clay-court Grand Slam begin in temperatures of about 34C. With humidity relatively low, the scorching sun has not hampered too many players physically, with bags of ice and high-tech portable fans keeping them cool on court. The biggest challenge so far has been the change in court conditions. "When I first got here, it was 14 degrees - like, freezing. Now it's boiling hot, balls are flying and everything is much faster," world number one Aryna Sabalenka said. Some players are thriving on the livelier surfaces - but others are cursing them.

These ride-sharing leaders are making moves amid massive changes in transportation driven by artificial intelligence (AI) and self-driving technology. Uber Technologies (UBER 1.96%) and Lyft (LYFT 1.73%) are posting strong growth for their services, but the head-to-head comparison of recent growth and revenue size may give investors a big clue as to which company is best positioned to win. Uber Technologies: Recent Revenue Trends Uber Technologies operates a global technology network that connects consumers with independent providers for ridesharing, restaurant meal delivery, and freight transportation services. The company announced a 21% year-over-year increase in revenue for the first quarter, along with new initiatives in robotaxis and expansion into hotel bookings. Uber has scaled its ridesharing platform into a profitable business, with operating profit reaching $1.9 billion in the quarter. Expand NYSE : UBER Uber Technologies Today's Change ( -1.96 %) $ -1.41 Current Price $ 70.42 Key Data Points Market Cap $146B Day's Range $ 69.91 - $ 71.74 52wk Range $ 68.46 - $ 101.99 Volume 530.8K Avg Vol 17M Gross Margin 34.17 % Lyft: Steady Growth Lyft operates a multimodal transportation network that offers riders personalized, on-demand access to ridesharing, flexible car rentals, and shared bikes across the United States and Canada. The company posted a 14% year-over-year increase in revenue in the first quarter. It recently announced an acquisition of Gett U.K., helping Lyft expand its operations into higher-value segments of the London market. It’s not as profitable as Uber, reporting an operating loss of $5.3 million last quarter. Expand NASDAQ : LYFT Lyft Today's Change ( -1.73 %) $ -0.24 Current Price $ 13.66 Key Data Points Market Cap $5.3B Day's Range $ 13.54 - $ 13.98 52wk Range $ 12.46 - $ 25.54 Volume 6.7M Avg Vol 16.2M Gross Margin 35.62 % Why Revenue Matters for Retail Investors Revenue is the most fundamental measure of a company’s performance. Changes ...

Moby summary of Champion Homes, Inc.'s Q4 2026 earnings call

This article first appeared on GuruFocus. The Dow Jones Industrial Average reached an intraday record high on Friday as traders bought into artificial intelligence names and grew more hopeful that tensions between the U.S. and Iran could ease, lifting risk appetite, according to market data. The blue-chip index (DJI) rose 0.73% to 50,651, topping its prior peak of 50,512.79 from Feb. 10. The move marks a recovery from March, when the Dow slipped into correction territory after worries about the war in Iran shook Wall Street. The S&P 500 and Nasdaq Composite had already pushed to record levels in mid-April, while the Dow lagged because technology stocks were doing more of the heavy lifting. Within the Dow, Cisco Systems (NASDAQ:CSCO), Amazon.com (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) have led gains this quarter. Nvidia's sales outlook this week also came in above expectations, adding to the tone around AI-related names. Laggards have included Chevron (CVX), McDonald's (NYSE:MCD) and Nike. Still, strong first-quarter earnings have helped offset geopolitical noise, and LSEG Datastream said analysts have lifted next-12-month U.S. earnings estimates by more than 10% since the start of the year.

This article first appeared on GuruFocus. Apple (AAPL, Financials) got a small piece of good news from China in April, where shipments of foreign-branded phones rose slightly from a year earlier. The category, which includes the iPhone, reached 3.59 million units for the month, according to data from the China Academy of Information and Communications Technology. That was up 1.8% from April last year. It is not a huge jump, but it matters for Apple. China has been a tough market for the company, with local brands putting pressure on iPhone sales through lower prices, newer features and heavy promotions. The overall phone market also improved. Total shipments in China rose 2.8% to 25.73 million units, showing that demand did not fall off during the month. For investors, the April data gives Apple a small positive signal after months of concern about its position in China. Still, one month does not prove a lasting recovery. The real test will be whether Apple can keep that momentum going as competition from domestic phone makers remains strong.

This article first appeared on GuruFocus. Micron Technology (MU, Financials) jumped more than 5% in premarket trading as investors piled back into one of the years strongest chip stocks. The move followed fresh attention on Micron after President Donald Trump praised the company during a New York event last week. U.S. markets were closed Monday for Memorial Day, so the reaction showed up in Tuesdays early trading. But the bigger story is demand. Micron makes memory chips used in phones, computers and data centers. Its DRAM and NAND products are becoming more important as companies spend heavily on advanced computing systems. Micron also recently started production of its 1-alpha DRAM chips in Manassas, Virginia. The company said it is the most advanced memory technology made in the U.S. CEO Sanjay Mehrotra has said Micron can meet only about 50% to 60% of customer demand, showing how tight the market remains. The stock has already gained more than 160% this year, so expectations are high. Investors will now watch whether Micron can keep pricing strong and expand supply without cooling the rally.

The BBC's Paris correspondent Hugh Schofield described people scurrying for shade "as if it was the middle of August" in the French capital, with temperatures reaching 34C (93.2F) on Tuesday. This comes as France's national weather service said a "heat dome" settling over Western Europe was producing temperatures 10 to 15 degrees Celsius above the average for May. A tourist told the BBC he chose May to visit Paris in order to avoid the summer months. 'We know it can be really bad in June, July, August, and I'd thought that if we came up in May, it'd be a bit easier', said Brent visiting from Australia.

hapabapa Johnson & Johnson ( JNJ ) unit DePuy Synthes has acquired certain rights to develop, manufacture, and commercialize Gemtrack technology from MinMaxMedical for its Joints business. Gemtrack is a radiofrequency ("RF") tracking technology. "DePuy Synthes aims to bring first-to-market Radiofrequency miniature tracker technology across joint reconstruction procedures, with the potential to establish a new industry standard for integrated image-guided and robotic-assisted Joint surgery," the company said in a news release. RF tracking such as Gemtrack "has the potential to eliminate the need for infrared cameras and line-of-sight dependence, reduce the reliance on invasive anchors, and enable continuous, highly accurate real-time tracking." DePuy Synthes said Gemtrack can be applied to shoulder, hip, and knee procedures for navigation and robotic applications. More on Johnson & Johnson Johnson & Johnson: A Dividend King, But Priced Appropriately, Big Conference Slate FQ1 Healthcare Dividend Roundup: Johnson & Johnson Keeps Outshining Pfizer Johnson & Johnson (JNJ) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript Notable analyst calls this week: Dell, J&J and AMD stocks among top picks FDA leadership fallout continues as acting CDER Director Hoeg departs

城堡证券表示，随着消费者价格上涨成为经济面临的主要威胁，美联储应进一步转向加息立场。城堡证券欧洲、中东和非洲(EMEA)固定收益销售主管表示：“相比劳动力市场，通胀才是更大的风险。美联储应注意到这一点并尽快调整立场，以免落后于形势。

由于 Siri 升级一再延后、且缺少自研主流大模型，外界普遍认为 苹果 在人工智能领域发展滞后。但 智能体 AI 的兴起，或将把这家公司眼下的短板转化为核心优势。 美国银行 分析师瓦姆西・莫汉在周二发布的投资者研报中指出，苹果从芯片到操作系统全面掌控自身生态，由此构筑起一道 智能体 AI 护城河 ，这或将成为其 AI 布局的关键依仗。 莫汉在研报中写道：“在智能体时代，价值会向能够掌控 用户意图、个人数据、应用访问权限、身份认证、支付体系与用户信任 的平台集聚。” 他补充道：“智能手机是目前普及度最高的消费终端，上述要素在此高度融合。倘若 AI 助手成为搜索、应用、电商、日程管理、支付及各类办公流程的全新入口，苹果将对大模型厂商、应用开发者、商户、广告商以及支付机构形成显著话语权。” 莫汉维持苹果 买入 评级，并将目标价从 330 美元上调至 380 美元，相较当前股价，隐含约 20% 的上涨空间。 智能体 AI 是具备半自主或全自主能力的数字助手，依托大语言模型，可代用户完成各类任务，例如整理电脑文件、检索指定邮件内容、全网搜集资料等。 目前，各大数据中心争相采购图形处理器、中央处理器，以支撑全球海量智能体运行，这项技术也顺势推动芯片板块走高。而莫汉认为，苹果将从中收获丰厚收益，尤其是 iPhone，是用户与智能体交互的安全载体。 他表示：“即便苹果没有行业顶尖的前沿大模型也无妨，只要手握受用户信赖的交互入口，就能统筹调度本地模型、苹果自研云端模型、第三方外部模型，以及各类应用操作。” 莫汉称，想要兑现这一优势，苹果还需完成多项工作：借助性能更强的处理器提升 iPhone 端侧 AI 能力，并将 Siri 升级为智能体形态。苹果定于 6 月 8 日举办全球开发者大会，届时将推出新版 Siri。 未来 iPhone 有望成为智能体 AI 的主流运行平台，而当下苹果已有一款设备在该领域占据领先地位 ——Mac 电脑。 得益于入门售价亲民，且兼容 OpenClaw 等主流平台，苹果 Mac mini 与 Mac Studio 台式机在全球门店持续售罄。 在最新一季财报电话会上，苹果首席执行官蒂姆・库克谈及 AI 对 Mac 销量的提振作用。 库克在第二季度财报会议上表示：“Mac mini 和 Mac Studio 都是运行 AI 及智能体工具的优质平台，市场对这一点的...

Space exploration is no longer limited to government agencies with massive budgets. As private companies race to dominate the final frontier, investors are looking to AST SpaceMobile (NASDAQ:ASTS) and Rocket Lab USA (NASDAQ:RKLB) to see which stock offers a smoother flight. While both companies operate above the atmosphere, their business models are worlds apart. AST SpaceMobile focuses on providing cellular broadband directly to standard smartphones from space, while Rocket Lab provides a full suite of launch services and satellite components. AST SpaceMobile aims to eliminate dead zones by building a satellite constellation that connects directly to the billions of mobile phones already in use. The company works with mobile network operators like AT&T (NYSE:T) , Verizon (NYSE:VZ) , and Vodafone (NASDAQ:VOD) through revenue-sharing agreements rather than selling directly to consumers. Customer concentration like this adds a layer of risk to the business, as the company depends on these commercial partners for the majority of its revenue. Continue reading

Stephen Lam/Getty Images News Salesforce ( CRM ) is scheduled to report fiscal first-quarter results after the market close on Wednesday, May 27, with investors closely watching AI-related demand, cloud spending trends, and margin expansion. Wall Street expects the software giant to post earnings of $3.13 per share , up 21.3% year over year, on revenue of $11.06B, representing 12.5% annual growth. Salesforce has maintained a strong track record of outperforming expectations, beating EPS estimates in 88% of quarters over the past two years and topping revenue estimates 63% of the time. Investors will also closely watch Salesforce’s forward guidance. The company previously projected fiscal 2027 revenue of $45.8B to $46.2B and adjusted EPS of $13.11 to $13.19. Current remaining performance obligation (cRPO) ended Q4 at $35.1B, up approximately 16% year over year on a nominal basis and 13% in constant currency, driven by strong net new average order value growth, particularly across Agentforce, Data Cloud, Slack, and Sales Cloud offerings. Guidance for the remainder of the fiscal year could also play a major role in shaping sentiment around the stock. Salesforce has earlier projected revenue in the range of $45.8B to $46.2B and adjusted EPS from $13.11 to $13.19 for the entirety of fiscal year 2027. Year-to-date, Salesforce ( CRM ) has fallen over -31%, underperforming the broader market. "Salesforce, Inc. is deeply undervalued, trading at a 45% discount to sector forward P/E despite strong fundamentals and AI-driven growth. With a 10% FCF yield, aggressive buybacks, and revenue acceleration likely, CRM stock presents an asymmetric risk/reward ahead of Q1 FY27 earnings," Seeking Alpha analyst Doug Collins said. More on Salesforce Salesforce: The Most Undervalued Stock In The Software Space Salesforce Q1 Preview: Negative Sentiment Overpowers, Shares Attractive Salesforce: A+ Rated Bonds With 6.6% Yield Beat Oracle's 7.4% Earnings week ahead: ZS, CRM, SNOW, DELL, ZS, XPE...

Artificial intelligence's shift to agents is set to be a positive for Apple , according to Bank of America. The bank reiterated its buy rating on the technology company in a Tuesday note and hiked its price target to $380 from $330. That indicates a 23% gain from Friday's close. Analyst Wamsi Mohan explained that as AI models shift to focus on individual users through agents, that will build leverage for Apple over AI companies. That's because Apple controls so much user data through its devices. "Apple's agentic AI moat comes from Apple silicon & iOS," Mohan wrote. "Silicon dictates how much inference can happen locally (matters for latency, privacy, reliability, and cost). OS determines whether AI can access user context, call apps, route requests, authenticate identity, request confirmation, & complete tasks in a trusted way." AAPL YTD mountain Apple year-to-date. While analysts have questioned Apple's AI strategy — believing it was worryingly behind many of its "Magnificent Seven" peers — Mohan argued that the company has a big agentic opportunity with its Siri product. He estimates it could represent incremental revenues of between $15 billion to $30 billion by the company's fiscal 2030. And that's just his base case: a bullish one would put that range between $40 billion to $65 billion, he said. "In an agentic world, value accrues to the platform that controls user intent, personal context, app access, permissions, identity, authentication, payments, and trust," Mohan wrote. "To win, Apple needs to evolve Siri into the orchestration layer of the iPhone."

Getty Images While AI has been the dominant investing theme, Himanshu Sharma, Managing Director and Portfolio Manager with TD Asset Management says shifting trade relations and geopolitics are providing a boost to a lesser know part of the markets: seaports. Transcript Greg Bonnell: While artificial intelligence has been a dominant investing theme, there are other, lesser-known parts of the markets that have been catching the eye of investors. Joining us now to discuss is TD Asset Management's Himanshu Sharma. Himanshu, great to have you on the program with us. Himanshu Sharma: Thank you. Greg Bonnell: This is your first time doing a full show with us. So give us a brief overview of your role with TD. Himanshu Sharma: Sure. Thanks for having me here, Greg. I work as portfolio manager at TD Asset Management. And I manage global equities and US equity portfolios. And in addition, I also manage a publicly traded infrastructure fund. Greg Bonnell: Alright. So let's start talking infrastructure then. That's why we have you here. The AI theme-- obviously, it dominates. And every time NVIDIA is on deck to report earnings, it's all we talk about. But there are other, you say, interesting sectors in the market. Take me through them. Himanshu Sharma: Sure. Exactly. So, obviously, we do know all about AI. But the area that we are focusing on and which we find interesting are the marine ports. So marine ports, just like any other infrastructure asset, say toll roads or airports-- they are also monopolies, certainly local monopolies. And the operators there have long-term concession contracts to manage the ports-- so again, gives them a level of stability. And just like any other infrastructure asset, very high-cost-- very high fixed-cost business-- so volumes are really important for this business. And historically, what we have seen is that with the rise of global GDP, the volumes only have grown over time. So that underpins fairly strong thesis for these names. More recently,...

Sometimes, stocks catch lightning in a bottle. Delek US Holdings (DK 0.28%) is a good example. Over the past 12 months, shares of the integrated energy refiner have jumped 122%. It sure helps when energy stocks and small-cap equities, of which Delek is both, are simultaneously displaying leadership traits. With the stock up 47% year to date but about 12% below its 52-week high, it's in correction territory, raising concerns that the shares are overvalued. Some market observers may argue that the stock is significantly overvalued. Stoking those valuation worries is the point that there's been some recent insider selling at the Tennessee-based energy company. At any company, directors and high-ranking executives sell shares for various reasons. Sometimes it's as simple as diversifying their personal portfolios, but at other times those transactions signal valuation concerns. However, that's not necessarily the case with Delek. Actually, some signs point to the stock being undervalued. Here's why. Trapping value, but not a value trap In the eyes of some investors, Delek's value case centers on its 63.3% interest in Delek Logistics Partners (DKL 0.51%), a midstream crude oil gatherer, processor, and transporter of refined energy products. The logistics business has a market capitalization of $2.8 billion, meaning Delek's stake is worth nearly $1.8 billion, implying the refiner could unlock significant value for shareholders by spinning off or selling or a portion of that interest. By some estimates, Delek's stake in the logistics business could be worth more than its entire market capitalization, and by taking action on that position, the company could unlock $600 million to $700 million of "trapped" shareholder value. Inquiring investors will want to know whether it makes sense for Delek to pursue value creation by trimming or parting ways with its economic position in Delek Logistics. The answer is a resounding "yes" because the business has long been undervalued but ...

If you like Micron Technology, you might love this other super semiconductor stock MSN

Space stocks are pushing ahead with their recent rally after the Memorial Day break, propelled by enthusiasm surrounding the initial public offering for SpaceX that was filed officially last week. Retail traders are piling into space stocks and ETFs ahead of the estimated trillion-dollar IPO, with investors trying to find beneficiaries and proxy trades for what could be the largest initial offering ever. While publicly traded space-focused companies are limited in number, enthusiasm is high among retail investors who want to get any piece of the space economy. The VanEck space ETF ( WARP ) is up 24 percent in just 5 days, with holdings including Rocket Lab Corp., Planet Labs , Firefly Aerospace and Intuitive Machines booming. The Procure Space ETF (UFO) is up about 65% year-to-date and more than 100% over the past six months. Analysts see both direct and indirect beneficiaries of the IPO for space companies due to SpaceX's "monopolistic" position within the global launch sector that could provide momentum for a wide range of space-related companies. "[The] launch segment has 'monopolistic' market share: SpaceX maintains overwhelming leadership in orbital mass-to-orbit," Rohit Kulkarni, senior analyst with Roth, wrote in a Tuesday note. "Extreme vertical integration drives cost advantages and rapid iteration." Beneficiaries and proxies Wall Street is seeing an "IPO premium" that's boosting not only SpaceX's suppliers and partner companies but even its competitors. Launch company Rocket Lab, which won a $90 million contract last week with the U.S. Space Force to build and operate a pair of geostationary satellites, is one firm that's poised to ride the tailwinds. "As SpaceX's direct competitor, we view [Rocket Lab] as well positioned to benefit from the 'SpaceX IPO premium' that, in our view, is benefiting other well-positioned companies in the space sector," analysts for Cantor Fitzgerald wrote in a Tuesday note. WARP 5D mountain VanEck Space ETF (WARP), 5 days Canto...

Apple AAPL continues to benefit from the strength of its Services segment, supported by growing traction in streaming content and an expanding Apple Arcade gaming portfolio. In the second quarter of fiscal 2026, Services contributed 27.9% of total net sales, with revenues rising 16.3% year over year to $30.98 billion, which was an all-time record in Apple’s history. A key driver behind Services growth is Apple’s expanding ecosystem of more than 2.5 billion active devices. As more users enter the Apple ecosystem through products like iPhone 17 and MacBook Neo, Apple gains additional opportunities to monetize customers through subscriptions, payments, cloud services, advertising and entertainment offerings. Content and entertainment services have been an important contributor. The company has highlighted strong engagement on Apple TV+, citing returning hit shows such as Shrinking and For All Mankind. Sports content is also becoming increasingly important, with Formula 1, MLS Season Pass, and Friday Night Baseball helping drive subscriber engagement globally. Advertising was one notable contributor within Services. Apple highlighted year-over-year growth in its advertising business alongside expanded App Store search placements. The company plans to introduce ads in Apple Maps during search and discovery moments in the United States and Canada later this year, while emphasizing privacy and customer experience. Enterprise services and financial services also strengthened the Services segment. Apple expanded Tap to Pay into more than 50 markets and launched Apple Business, an integrated enterprise platform combining hardware, software, and services for corporate customers. Management also cited growing enterprise adoption from companies such as Marsh and Freshworks, which are increasingly deploying Apple devices for AI development and productivity applications. Apple guided for Services revenue growth in the June quarter to remain similar to the March quarter on a consta...

Source: Bloomberg, 0:00

Jordi Visser, with over 30 years of Wall Street experience, exited his Micron position and is watching Dogecoin as a key gauge of retail speculation. In this photo illustration, a Micron Technology logo seen displayed on a smartphone with the stock market information of Micron Technology in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Micron crossed the $1 trillion market cap mark as one Hyperliquid trader reportedly made over $6.2 million in floating profits from a leveraged bet. The trader opened a 3x long position on more than 22,000 MU contracts at an average entry price of $575.25 earlier this month. Hyperliquid’s native token also rose to an all-time high above $63, along with Micron hitting the trillion-dollar market cap. Micron Technology Inc. (MU) crossed the $1 trillion market capitalization mark on Tuesday, as a Hyperliquid (HYPE) trader reportedly generated more than $6.2 million in floating profits from a leveraged Micron position within just 20 days. On-chain analyst Ai Yi said on X that a wallet address “0x577...95fd2” opened a 3x-leveraged long position in 22,188.647 MU contracts between May 6 and May 8 at an average entry price of $575.25. Read Next Loading... Loading... Hyperliquid trader opened a 3x leveraged long position in 22,188 Micron (MU) contracts. Source: @ai_9684xtpa/x The position rapidly expanded as Micron’s shares continued to climb. With Micron’s price trading over $879, up over 17% during mid-morning trade, the position’s notional value climbed to roughly $18.8 million, making the trader one of the largest floating-profit accounts on Hyperliquid. On Stocktwits, Micron was the top trending ticker. The retail sentiment around MU remained in the ‘bullish’ zone, while chatter around it moved to ‘normal’ from ‘high’...

As investors gain access to an expanding universe of active strategies and investment structures, distinguishing durable investment skill from short-term performance has become increasingly important. In this episode of Inside Active, host David Cohne, mutual fund and active-management analyst at Bloomberg Intelligence, speaks with Paul Cavazos, chief investment officer at American Beacon Advisors, about what separates durable investment managers from those benefiting from favorable market envir

ByteDance is set to procure millions of Qualcomm ASICs to support its AI agent software, marking a major push into AI infrastructure

Kan Kingpetcharat/E+ via Getty Images Amid a stock market that is skyrocketing to fresh new highs, I continue to be worried about the huge concentration of gains at the top end of the market: namely, the semiconductor and AI-linked hardware stocks that have enabled this year's data center buildout. Investors are overlooking the very real risk of demand for these companies' products dropping off once hyperscalers take their foot off the capex gas pedal. Software stocks, however, remain in deep bear market territory, and that is where the buying opportunities lie in my eyes. Freshworks ( FRSH ), an IT and customer service management platform, looks very appealing after a ~20% slide since the start of January (and ~40% over the past 12 months). The company has shown no signs of a "SaaSpocalypse" in its results, though its stock is certainly priced that way. Data by YCharts I last wrote a "Buy" article on Freshworks in April, when the stock was trading at just $8 per share. Since then, Freshworks has jumped ~10%, with the stock rebounding nicely after a strong Q1 earnings print featuring a beat-and-raise. With the company's growth in customer counts and its healthy retention trends, Freshworks is gradually convincing the market that it's not subject to AI-driven disruption, which I think will prompt a near-term re-rating. I'm reiterating my "Buy" rating on this name. Since value is the core reason to buy Freshworks, let's begin with a discussion on how Freshworks' latest valuation stacks up against its boosted guidance. At current share prices near $9, Freshworks trades at a market cap of $2.51 billion. After we net off the $779.3 million of cash against zero debt on Freshworks' latest balance sheet, we arrive at an enterprise value of $1.73 billion. For the remainder of FY26, Freshworks has lifted its full-year revenue outlook to $958-$964 million, or a 14%-15% growth range that is 50bps higher than its previous outlook calling for 13.5%-14.5% y/y growth. Importantly, ...

asbe/iStock via Getty Images Introduction On paper, Vizsla Silver’s ( VZLA ) Panuco project stands out as one of the highest quality undeveloped silver assets. With the rise in the silver price over the past year, the project's economics have transformed from good to phenomenal. Initial exploration has been completed, and now the aim is to get this project into production. Financing is in place, and the project was all set to be heading to construction once permits were granted. Now, though, uncertainty has surged. After surging in value from the $4.83 share price when I last covered Vizsla last November to a high of $6.86 in early January, the share price has collapsed to $3.37 a share. This is all due to an unfortunate turn of events. On the 23 rd of January, Vizsla announced that ten workers were abducted from the Panuco project mine site and a few weeks later were tragically found deceased. For a >$1 billion market cap, single-asset, pre-production company, this sad news changes my previous thesis. With so much uncertainty and the risks from operating in the region clearly apparent, I view the risks as too high for my liking and hence downgrade Vizsla to a hold rating. Project Economics Vizsla’s flagship project is the Panuco Project in Sinaloa, Mexico, one of the highest-grade undeveloped projects in the country. Located in a historic silver-gold producing region with access to existing infrastructure, Panuco combines excellent grades with upside potential from Vizsla’s extensive land package in the region. Vizsla 2025 Corporate Presentation The 2024 preliminary economic assessment (PEA) presented a planned underground mine with annual production averaging 15.2 million ounces of Silver annually, with an 11-year mine-life. This is supported by 222 million ounces in measured and indicated resources, at a high average silver grade of 534 g/t. Since then, the economics have become even more compelling. The November 2025 feasibility study laid out an increase in ave...

Source: Bloomberg, 4:44