Nvidia Corp. Chief Executive Officer Jensen Huang urged Super Micro Computer Inc. to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about AI servers made by its US partner. The development marked the island’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such ...
Nvidia Corp. Chief Executive Officer Jensen Huang urged Super Micro Computer Inc. to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about AI servers made by its US partner. The development marked the island’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such as Nvidia AI accelerators to China. Nvidia is “rigorous” in explaining regulations to all of its partners, Huang told reporters after arriving in Taipei on Saturday. “Ultimately Super Micro has to run their own company,” Huang said in response to the Taiwan case. “I hope that they will enhance and improve their regulation compliance and avoid that from happening in the future.” It’s unusual for Huang to comment on compliance among his company’s partners, which are key to making and distributing the servers that house Nvidia chips. A Taiwanese court granted prosecutors’ request to detain the three people involved in the case on Thursday. Super Micro didn’t immediately respond to a request for comment outside of regular business hours. Super Micro assembles AI chips from the likes of Nvidia into systems that are installed in data centers and used to train and run models like OpenAI’s ChatGPT. Washington has restricted sales of the hardware to China since 2022. The defendants allegedly conspired to purchase servers in Taiwan and export them using fraudulent documentation, local prosecutors said earlier this week. Servers of Super Micro are also the subject of the biggest chip smuggling prosecution in the US, where authorities arrested the firm’s co-founder for allegedly diverting billions of dollars worth of Nvidia chips to China. He has pled not guilty. That case reverberated from Silicon Valley to Southeast Asia, a sign that Washington is getting serious about addressing a chip smuggling problem that Huang once denied exists. The Taiwan case was initiated independently and i...
General view of lava surfacing on the Halema'uma'u crater of Kilauea volcano in Kilauea, Hawaii, U.S. September 29, 2021, in this still image provided by the USGS surveillance camera. USGS | via Reuters An earthquake of magnitude 6.0 struck near Honaunau-Napoopoo on the Big Island of Hawaii late on Friday and the state's volcano observatory was assessing the Kilauea volcano, the United States Geol...
General view of lava surfacing on the Halema'uma'u crater of Kilauea volcano in Kilauea, Hawaii, U.S. September 29, 2021, in this still image provided by the USGS surveillance camera. USGS | via Reuters An earthquake of magnitude 6.0 struck near Honaunau-Napoopoo on the Big Island of Hawaii late on Friday and the state's volcano observatory was assessing the Kilauea volcano, the United States Geological Survey (USGS) said. Kilauea, one of the world's most active volcanoes, is located on Hawaii's Big Island. The volcano has been erupting episodically since Dec. 23, 2024. In an update earlier on Friday, the USGS' Hawaiian Volcano Observatory said the next eruption would occur sometime between May 24 and May 27, citing forecast models. The earthquake was felt widely on the islands of Hawaii, Maui, and Oahu and was at a depth of about 23 km (14 miles), according to USGS. A tsunami was not expected from the quake, according to the Pacific Tsunami Warning Center, and there were no immediate reports of damage or casualties. This story is developing. Please check back for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Joe Hendrickson/iStock Editorial via Getty Images Pabst Brewing Company confirmed this week that it is placing Schlitz Premium "on hiatus," citing unsustainable economics. The brand's volume had fallen so far that even the minimum production quantities required by the Anheuser-Busch ( BUD ) plant in Texas, which had been brewing Schlitz under contract, could no longer be justified. The decision by...
Joe Hendrickson/iStock Editorial via Getty Images Pabst Brewing Company confirmed this week that it is placing Schlitz Premium "on hiatus," citing unsustainable economics. The brand's volume had fallen so far that even the minimum production quantities required by the Anheuser-Busch ( BUD ) plant in Texas, which had been brewing Schlitz under contract, could no longer be justified. The decision by Pabst Brewing ended 177 years of brewing history for the Schlitz brand. Schlitz is considered iconic in parts of the Midwest. Signs and neon fixtures still hang in some Chicago bars featuring the brand name. Notably, Schlitz helped supply Chicago residents with drinking water, in the form of beer, after the Great Chicago Fire of 1871 destroyed the city's water infrastructure. At its peak in the 1950s, Schlitz was the largest brewer in the world before Anheuser-Busch ( BUD ) overtook it. The downfall of Schlitz started in the 1970s when the company, desperate to cut costs and claw back margins, quietly altered its recipe by swapping ingredients and accelerating the brewing process. However, the plan backfired as loyal drinkers noticed immediately and sales cratered. By 1982, the company had been sold to Stroh Brewing Co., which shut down all Milwaukee operations. Pabst acquired the brand in 1999 and relaunched it in 2008, but it never recaptured its former glory. With Schlitz in the beer graveyard, the list of beer brands in the U.S. that are at least 100 years old includes Yuengling, Pabst Blue Ribbon, Stroh's, August Schell, Budweiser, and Miller High Life. More on beer stocks Molson Coors: A Trough Earnings Year Is Disguising An Improving Business Molson Coors Beverage Company (TAP) Presents at Goldman Sachs Global Staples Forum 2026 Transcript Anheuser-Busch InBev: Solid Quarterly Results Suggest There's Some Potential Value Here Molson Coors prices $1.5B public offering of senior notes across two tranches Molson Coors Beverage announces proposed public offering of Unit...
Plastic surgeons are increasingly concerned about the rise of “AI face”, as more and more clients arrive in their offices with unrealistic AI-generated visions of what they want to look like. Dr Nora Nugent, a cosmetic surgeon from Tunbridge Wells, has seen this first hand. Clients have started coming to her office with photos of themselves beautified by AI and a false expectation that those resul...
Plastic surgeons are increasingly concerned about the rise of “AI face”, as more and more clients arrive in their offices with unrealistic AI-generated visions of what they want to look like. Dr Nora Nugent, a cosmetic surgeon from Tunbridge Wells, has seen this first hand. Clients have started coming to her office with photos of themselves beautified by AI and a false expectation that those results are achievable with surgery. She is also the president of the British Association of Aesthetic Plastic Surgeons, and says many colleagues are having similar experiences. “I can only predict an increase, given the rate AI has been incorporated into every aspect of life,” she said. People using AI chatbots to generate their ideal faces are increasingly arriving at surgeons’ offices with briefs demanding flawless skin, sharply sculpted cheekbones, refined noses and near-perfect symmetry – standards that are too time consuming, prohibitively expensive and, in many cases, physically unattainable. While AI can control every single pixel, “surgery certainly doesn’t work on that microscopic detailed level”, according Dr Alex Karidis, a surgeon based in west London. For many clients, however, those expectations are shaped long before they ever meet a surgeon. Karidis and Nugent describe how psychologically effective AI-generated images can be in defining – and reinforcing – clients’ aesthetic ideals. Nugent said: “Once you see an image, it’s wired into you.”Karidis agreed, describing AI images as being “seared” into patients’ minds, and said colleagues had recently been inundated with them. Surgeons are also keen to emphasise that cosmetic surgery outcomes are far from guaranteed. “The patient has to understand that there is human variation in how they heal, how they age and what can be done” said Nugent. “I say to patients beforehand: it’s not limitless what I can do in surgery. Neither of us control everything.” View image in fullscreen Alex Karidis says cosmetic surgery cannot...
As each day in US detention passes, Markens Appolon can feel the life he had dreamed of slipping away. The 25-year-old fled Haiti to escape the rampant gang violence that upended his university studies in economics, and planned to join family in Montreal. But for the last four and a half months, Appolon has been incarcerated in a US Immigration and Customs Enforcement (ICE) facility. He wonders ho...
As each day in US detention passes, Markens Appolon can feel the life he had dreamed of slipping away. The 25-year-old fled Haiti to escape the rampant gang violence that upended his university studies in economics, and planned to join family in Montreal. But for the last four and a half months, Appolon has been incarcerated in a US Immigration and Customs Enforcement (ICE) facility. He wonders how he would even begin to rebuild, if he is released. “Every day that passes, my mental heath is just getting worse. You see the world going on and you’re just stuck here, watching,” he said. “I’m here, and even when I get out, the problem is going to be worse.” Appolon had sought refugee in Canada, believing that it offered a haven to those at risk. The fact that he had Canadian family should have meant he was eligible to claim asylum. Yet it was Canadian officials who handed him over to the ICE agents who detained him. “This is what is so shocking about this case and others like it,” said Erin Simpson, a Toronto-based immigration lawyer who is representing Appolon. “Canada is participating in this. Canada is handing people over to ICE.” View image in fullscreen Markens Appolon. Simpson and other Canadian immigration lawyers say they have been inundated with cases like Appolon’s since the start of Donald Trump’s second term in office. Refugees like Appolon attempt to claim asylum in Canada through an exception to the country’s Safe Third Country Agreement with the US. Under the agreement, refugees must seek asylum in the first “safe country” they arrive in. But legal experts argue that the US should not be considered a safe third country. They argue that the country’s long-term detention of those seeking refuge and threats to deport asylum seekers to countries where they could be harmed or killed indicate that the US is not safe. Meanwhile, Canada is tightening its own asylum system. New legislation enacted in March has created further ineligibility rules for refugee claima...
An asylum seeker sent from the UK back to France under the “one in, one out” scheme has covertly returned to Britain and is now in hiding, the Guardian has learned. In the first interview with a one in, one out returnee living under the radar in the UK, the man told the Guardian his situation was “desperate”. He said he was aware of at least 18 other one in, one out asylum seekers who had returned...
An asylum seeker sent from the UK back to France under the “one in, one out” scheme has covertly returned to Britain and is now in hiding, the Guardian has learned. In the first interview with a one in, one out returnee living under the radar in the UK, the man told the Guardian his situation was “desperate”. He said he was aware of at least 18 other one in, one out asylum seekers who had returned in the same way as him and were now also in the UK covertly. Other one in, one out returnees the Guardian has spoken to in mainland Europe said they were also aware of people returning to Britain in a clandestine way. The man, who returned to the UK in a lorry, told the Guardian: “After I was sent back to France by the Home Office, the smugglers caught me and wanted to force me to work with them. “I don’t want to work with the smugglers and I refused to do so. They beat me so badly that my face is still full of bruises and injuries. “I managed to escape from them and felt that my only option was to come back to the UK, which is a safer place for me.” He said that when he was in the “Jungle” – a name used for the refugee camp in northern France where smugglers operate – people were being offered journeys in lorries rather than on boats because of one in, one out. “The price for a small boat Channel crossing is €1,000-2,000, while the price for a lorry to the UK is €4,000 to 5,000.” View image in fullscreen People boarding a small boat off the coast of France in April. Photograph: Gareth Fuller/PA He said he believed many asylum seekers had returned to the UK using lorries: “I don’t know exactly how many people sent back to France under one in, one out have returned to UK and are now living underground, but I know of 18.” The aim of the one in, one out scheme is to deter small boat crossings and stop people-smuggling gangs. Since it was agreed between the UK and France, however, thousands of asylum seekers have continued to cross the Channel and the smugglers have adapted th...
Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon, even if the US and Iran agree to a lasting peace deal tomorrow. As the war with Iran enters its third month, drivers have become infuriated by rising gas prices – and inflation – and Donald Trump is facing a historic backlash in the polls. The president promised recently that relief will be swift once the war...
Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon, even if the US and Iran agree to a lasting peace deal tomorrow. As the war with Iran enters its third month, drivers have become infuriated by rising gas prices – and inflation – and Donald Trump is facing a historic backlash in the polls. The president promised recently that relief will be swift once the war ends. “I see it going down very substantially when this is over, I think very rapidly too, at levels that you’ve never seen,” he said. Experts say it’s not that simple. As the saying goes, gas prices shoot up like a rocket and come down like a feather. Should peace be declared, prices could fall on a kneejerk move, but it will take several months – maybe years – for prices to retreat to previous levels of about $3 a gallon nationally because checking potentially damaged energy infrastructure in the Middle East and unsnarling supply chains takes time, say energy experts. The national average gasoline price is at $4.55 as of 22 May, up roughly $1.50 from where it was before the US and Israel attacked Iran in late February, says Denton Cinquegrana, chief oil analyst at Dow Jones Energy. “For retail prices to drop $1.50, I think we could kiss that number goodbye for 2026,” he says. About 25% of the world’s seaborne crude-oil trade, or about 20m barrels a day of oil production, transits the strait of Hormuz according to the International Energy Agency, oil currently being kept off the global market. Normally, it takes anywhere from 30 to 60 days to turn a barrel of crude oil into fuel, says David Ruisard, US products senior editor at Argus Media, an information-services company. That process includes pumping oil out of the ground, transporting it to a refinery, turning it into a usable product and getting it to market. If the conflict ended tomorrow, energy experts say it’s difficult to pinpoint how long it would take for prices to normalize because there’s a lot of unknowns ab...
For migrant workers trapped onboard Chinese distant water fishing fleets, cutting the fins off sharks as they writhe violently on rusted decks in the Indian Ocean isn’t accidental. It’s an intentional and lucrative act that marks the start of a bloody half-a-billion-dollar offshore supply chain, tacitly supported by Beijing yet covertly concealed from port inspectors globally. The Center for Biolo...
For migrant workers trapped onboard Chinese distant water fishing fleets, cutting the fins off sharks as they writhe violently on rusted decks in the Indian Ocean isn’t accidental. It’s an intentional and lucrative act that marks the start of a bloody half-a-billion-dollar offshore supply chain, tacitly supported by Beijing yet covertly concealed from port inspectors globally. The Center for Biological Diversity, a nonprofit focused on the protection of endangered species, filed a formal petition this month requesting the U.S. government potentially sanction China for failing to meet American shark conservation standards. Shark populations have declined by more than 70 percent since 1970, with more than one-third of all shark and ray species now threatened with extinction. Yet each year, Chinese-flagged vessels catch, brutally fin, and discard thousands. Should the National Marine Fisheries Service identify China as having violated the US Moratorium Protection Act, then President Trump could be expected to ban the import of all $1.5 billion of Chinese seafood. Read full article Comments
China is turning coal waste into a source of critical metals including lithium, gallium and germanium, leveraging its advantages in extraction technology and industrial infrastructure. Coal mining and burning produce large amounts of waste, including coal gangue, the rock embedded in coal seams, and fly ash, the fine particulate ash captured after burning. Traditionally both are used only as low-v...
China is turning coal waste into a source of critical metals including lithium, gallium and germanium, leveraging its advantages in extraction technology and industrial infrastructure. Coal mining and burning produce large amounts of waste, including coal gangue, the rock embedded in coal seams, and fly ash, the fine particulate ash captured after burning. Traditionally both are used only as low-value cement additives, while their stockpiling consumes land and causes environmental pollution “The coal refuse contains a variety of metal elements and could become an important source of critical metal supply,” Dai Shifeng, a member of the Chinese Academy of Sciences and professor at China University of Mining and Technology-Beijing, said in an interview with China Energy News in late April. Advertisement While the United States , Australia and Russia are also researching metal extraction from coal, China has some advantages and can already extract multiple metals – including germanium, aluminium, lithium and gallium – from coal gangue and fly ash, according to the report. “China’s coal production lines already have integrated facilities for washing, chemical processing and power generation, providing a strong industrial foundation for resource recovery,” the report said. Advertisement “Thanks to the development of the new energy industry, demand for critical metals is rising fast, so extracting them from coal holds strong promise and China’s experience with germanium provides a solid foundation for recovering other metals.” However, Dai cautioned that successful metal extraction required close tracking of coal quality and composition. “Some power plants blend coal from different sources before combustion. As a result, the metal content in fly ash from the same plant is constantly changing, making extraction difficult,” he added.
is a senior reviewer with over a decade of experience writing about consumer tech. She has a special interest in mobile photography and telecom. Previously, she worked at DPReview. Last year I deepfaked my kid’s stuffed animal to make it look like his plush deer was on vacation. It was an experiment to see if I could re-create the events depicted in a Gemini ad Google was running, and I never show...
is a senior reviewer with over a decade of experience writing about consumer tech. She has a special interest in mobile photography and telecom. Previously, she worked at DPReview. Last year I deepfaked my kid’s stuffed animal to make it look like his plush deer was on vacation. It was an experiment to see if I could re-create the events depicted in a Gemini ad Google was running, and I never showed the videos of Buddy the deer on his adventures to my four-year-old. But it was a revealing exercise that made me think a lot about the difference between some harmless fun with generative AI and full-on slop. Maybe that Venn diagram is a perfect circle! Maybe not. But what I know for sure is that the tools to make realistic videos are surprisingly good, requiring surprisingly little effort and know-how. And that trend is continuing hot into Gemini’s Omni era. Omni is a new family of generative models that will allegedly one day be able to turn any kind of input — photo, video, text — into anything else. But for starters, it’s just creating video. Omni Flash is the first of these models Google has released, now available in the company’s AI video generation and editing platform, Flow. You can still use the previous model, Veo, if you want, but Omni improves on Veo in a few ways. With Omni, you can upload a video and use that along with a text prompt as the starting point for your AI-generated creation. Google also claims Omni incorporates more real-world knowledge when producing videos and can do a better job of keeping characters consistent throughout a video as a result. There was only one way to really know if those claims are true: I brought back AI Buddy to pack his little AI-generated bags for another adventure. The results are such a mixed bag they’re baffling. Some were very good — much more consistent and true to my prompt than when I was testing out Veo five months ago. But even the best clips Omni cooked up for me still have certain AI jump scares, like when Bu...
'Great Replacement' Fears Soar In Belgium Via Remix News, A major social study commissioned by VRT, known as the “Photo of Flanders,” reveals that a majority of Flemish people are afraid they are being slowly replaced by migrants , with this study now joining similar ones in France and Germany, which reveal serious fear across Europe about the ongoing Great Replacement . The VRT survey shows that ...
'Great Replacement' Fears Soar In Belgium Via Remix News, A major social study commissioned by VRT, known as the “Photo of Flanders,” reveals that a majority of Flemish people are afraid they are being slowly replaced by migrants , with this study now joining similar ones in France and Germany, which reveal serious fear across Europe about the ongoing Great Replacement . The VRT survey shows that 56 percent of respondents agree with the statement: “I am afraid that Flemish people are slowly being replaced by migrants/people from abroad.” Within this category, individuals aged 45 to 64 score at 58 percent, while those over 65 score at 59 percent. Teenagers between 12 and 17 years old also show a high level of agreement at 58 percent. The study also showed that 52 percent of Flemish people are afraid of a mosque being built in their neighborhood. Only 23 percent of Flemish people explicitly say they would be open to a mosque where they live. Notably, 22 percent of people who say they have no fear of being replaced by migrants also say they would not like to have a mosque in their neighborhood. According to VRT, the study shows that the fear that “Flemish people will be replaced by migrants” remains great. Belgium has also been actively erasing traditional signs of Christianity, such as renaming Christmas markets into “winter markets,” which the VRT study indicates has led to divisions in society, especially between older and younger generations. Discussions surrounding inclusive naming conventions also generate pushback. A majority of Flemish people, at 57 percent, maintain that a Christmas market should simply remain a Christmas market. Resistance to neutral terms like winter market is highest among older demographics, with 64 percent of 45-to-64-year-olds and 67 percent of those over 65 opposing the change. This opposition drops among younger populations, with 41 percent of 18-to-24-year-olds and 45 percent of 25-to-44-year-olds objecting to the replacement of the t...
It took a second, but investors pushed stocks higher to end the week. The blockbuster results from NVIDIA Corp. NASDAQ: NVDA provided the fuel. More than the results, the company’s forward guidance makes it clear that the AI infrastructure trade is backed by tangible demand. Not all the news was strong this week. Retail stocks painted a mixed picture that confirmed the bifurcated state of the cons...
It took a second, but investors pushed stocks higher to end the week. The blockbuster results from NVIDIA Corp. NASDAQ: NVDA provided the fuel. More than the results, the company’s forward guidance makes it clear that the AI infrastructure trade is backed by tangible demand. Not all the news was strong this week. Retail stocks painted a mixed picture that confirmed the bifurcated state of the consumer, for whom inflation remains front and center. To that end, a catalyst to the market rally was news that the conflict in Iran may be drawing to a close. A swift resolution would take the pressure off oil prices. Get NVIDIA alerts: Sign Up That conflict is also a good reminder of why U.S. markets will be closed on Monday. The United States will be observing Memorial Day. We hope you enjoy the weekend, and be assured that the MarketBeat analysts will be keeping you informed of the stocks and stories moving the markets. Here are some of our most popular stories from this week. Articles by Thomas Hughes One takeaway from NVIDIA’s earnings report is that data center demand is growing faster than manufacturing can keep up. That's bullish for a company like Applied Optoelectronics NASDAQ: AAOI, a rising name in the photonics market. Thomas Hughes laid out the bull case that may mean AAOI is at a turning point and the one potential headwind that investors should watch closely. The next wave of AI applications will happen on the edge (i.e., on device). Hughes explained why that makes the bullish case for Everspin Technologies NASDAQ: MRAM and how investors should approach the stock after a bullish post-earnings move. One of the most important retail earnings reports came from Home Depot NYSE: HD, which intersects with the housing market. The company’s guidance forecasts ongoing consumer pressure, but Hughes noted that the post-earnings selloff in HD is creating an opportunity. Articles by Sam Quirke Any investor who still believes Tesla Inc. NASDAQ: TSLA is just a car company sh...
The old adage goes that during a boom, the companies that profit most are the ones selling the picks and shovels. This January, even as consensus had largely settled around the idea that an AI bubble exists, something even Sam Altman acknowledged last August, Blackstone called investing in the “picks and shovels” of AI a “generational” opportunity. The safer bet, we’re told, lies not in the models...
The old adage goes that during a boom, the companies that profit most are the ones selling the picks and shovels. This January, even as consensus had largely settled around the idea that an AI bubble exists, something even Sam Altman acknowledged last August, Blackstone called investing in the “picks and shovels” of AI a “generational” opportunity. The safer bet, we’re told, lies not in the models themselves but in AI’s physical infrastructure: data centers, chips, and electricity. “The Real AI Talent War Is for Plumbers and Electricians,” declared a January headline in Wired. Of the major players in artificial intelligence, a few might reasonably be considered picks-and-shovels companies. Nvidia, led by Jensen Huang, is one. Another is Oracle, which under Larry Ellison has spent the past year building some of the country’s largest AI data centers to provide computing power for companies like OpenAI. But insofar as Oracle has been selling picks and shovels, enormous ones at that, it has also, over the past few months, come to be seen as a canary in the AI-bubble coal mine. In the roughly 10 months since September 2025, when Oracle signed a $300 billion deal with OpenAI that sent its stock soaring 36% in a single day, briefly making Ellison the world’s richest man, the company’s shares have fallen more than 43%, wiping out those gains. Meanwhile, the market for Oracle’s credit default swaps, which allow investors to bet on the possibility that the company could miss bond payments, has surged as its debt rating hovers just above junk status. Since Oracle began building out Stargate, its sprawling data center campus in Abilene, Texas, the company has faced growing scrutiny over the highly leveraged financing behind both the project itself and its broader AI data center buildout. The scale of the risk Oracle is taking is increasingly visible on its balance sheet. The company now carries more than $160 billion in outstanding liabilities—including $133 billion tied to the...
Key Points The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have historically thrived under Donald Trump -- but his presidency hasn't been without bouts of historic volatility. New Fed Chair Kevin Warsh aims to reshape the central bank by trimming down its balance sheet and redefining how we think about inflation. However, Trump's handpicked successor to Jerome Powell has been dealt...
Key Points The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have historically thrived under Donald Trump -- but his presidency hasn't been without bouts of historic volatility. New Fed Chair Kevin Warsh aims to reshape the central bank by trimming down its balance sheet and redefining how we think about inflation. However, Trump's handpicked successor to Jerome Powell has been dealt a losing hand, with rapidly rising inflation creating a no-win scenario for Warsh and Wall Street. 10 stocks we like better than S&P 500 Index › From a statistical standpoint, Wall Street has enjoyed having Donald Trump in the White House. The iconic Dow Jones Industrial Average (DJINDICES: ^DJI), widely followed S&P 500 (SNPINDEX: ^GSPC), and growth stock-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) soared 57%, 70%, and 142%, respectively, during Trump's first term; and they've rallied by 14%, 23%, and 32%, as of May 19, 2026, since his second, non-consecutive term began. However, not all of President Trump's actions lead to tailwinds for the stock market. For instance, his tariff and trade policy, introduced in early April 2025 and invalidated by the U.S. Supreme Court in February 2026, ignited historic elevator-down moves for the Dow, S&P 500, and Nasdaq Composite over the course of a week. 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 » Another bout of historic downside volatility may be brewing. While Trump seemingly couldn't wait to show now-former Fed Chair Jerome Powell to the door (Powell remains on the Board of Governors), he's left his handpicked successor, Kevin Warsh, in a virtual no-win scenario -- and it's the stock market that'll likely end up paying the price. Kevin Warsh wants to reshape the central bank Based on Warsh's testimony before the Senate Banking Committee, he has big plans...
An “anxious generation” of young people is struggling to adapt to the outdated world of work, according to the government’s jobs adviser. Alan Milburn, a former Labour health secretary, will say this week in a report that businesses must adapt by offering more flexibility and mental health support for young people to stave off an “economic catastrophe.” In November last year, Milburn, who served i...
An “anxious generation” of young people is struggling to adapt to the outdated world of work, according to the government’s jobs adviser. Alan Milburn, a former Labour health secretary, will say this week in a report that businesses must adapt by offering more flexibility and mental health support for young people to stave off an “economic catastrophe.” In November last year, Milburn, who served in various government roles under Tony Blair, was asked by prime minister Keir Starmer to examine why almost 1 million 16 to 24-year-olds – about one in eight – are not in education, employment or training. His interim report on this cohort – often known as Neets – will be published next week. According to the Times, it will say that “a rising tide of mental ill-health, anxiety, depression [and] neurodiversity” is a central driver of high economic inactivity among young people. The review is also expected to address the rising influence of social media on the mental health of young adults, with Milburn asserting that their brains have been “rewired” by smartphones. “The system is trapping people in worklessness rather than enabling them into work,” Milburn told The Times. “We’re at a risk of just writing a whole generation off. “This is a bedroom generation. They are sort of living in their bedrooms. They are on all the time, they’re never off. [Social media] is leading to some evidence of functional impairment, changing their sleep patterns, concentration levels. That is having an impact on their ability to work. “They are not snowflakes. People say it’s a soft generation. My view unequivocally is that it isn’t. It is an anxious generation.” More than half of the UK’s 946,000 Neets have never worked, and a quarter are classed as unable to work due to a long-term sickness or disability. Of these, 43% say that mental health problems are the primary reason they are unable to work, up from 24% in 2011. The government said last year that the proportion of Neets in the UK is sign...
Few companies have an intense spotlight on them quite like Nvidia (NVDA 1.86%). As one of the most important players in the artificial intelligence (AI) ecosystem, Nvidia's performance often serves as a benchmark for the AI world as a whole. And that attracts a lot of attention. That attention hit a new level during the fiscal 2027 Q1 (ended April 26) earnings call, when its CEO, Jensen Huang, ann...
Few companies have an intense spotlight on them quite like Nvidia (NVDA 1.86%). As one of the most important players in the artificial intelligence (AI) ecosystem, Nvidia's performance often serves as a benchmark for the AI world as a whole. And that attracts a lot of attention. That attention hit a new level during the fiscal 2027 Q1 (ended April 26) earnings call, when its CEO, Jensen Huang, announced something exciting. Huang noted that Nvidia's Vera Rubin platform -- which includes a central processing unit (CPU) built specifically for agentic AI -- is entering a new $200 billion total addressable market (TAM). This change opens a new revenue stream for Nvidia and is also a crucial next step in the company's development, moving from a graphics chip company to an AI hardware giant to a full-stack AI utility ecosystem. Expand NASDAQ : NVDA Nvidia Today's Change ( -1.86 %) $ -4.09 Current Price $ 215.42 Key Data Points Market Cap $5.2T Day's Range $ 214.84 - $ 221.07 52wk Range $ 132.92 - $ 236.54 Volume 5.8M Avg Vol 171.3M Gross Margin 74.15 % Dividend Yield 0.02 % In its most recent quarter, Nvidia made $81.6 billion in revenue, up 85% year over year. Of that revenue, over 92% ($75.2 billion) came from Nvidia's data center segment alone. Data center hardware will continue to be Nvidia's primary revenue generator for the foreseeable future, but the introduction of its Vera Rubin platform puts Nvidia in a position to be one of the leading CPU suppliers in the world (if not the leading one). Nvidia expects its stand-alone CPU revenue to be $20 billion this year. How it eventually materializes remains to be seen, but the projections are worth getting excited for if you're invested in Nvidia.
Manchester United captain Bruno Fernandes has been named Premier League player of the season. The Portugal midfielder was also named Football Writers' Association men's Player of the Year this month. Fernandes equalled the record for assists in a Premier League season when setting up his 20th goal against Nottingham Forest last weekend. He has also scored eight goals in 37 games to help United sec...
Manchester United captain Bruno Fernandes has been named Premier League player of the season. The Portugal midfielder was also named Football Writers' Association men's Player of the Year this month. Fernandes equalled the record for assists in a Premier League season when setting up his 20th goal against Nottingham Forest last weekend. He has also scored eight goals in 37 games to help United secure third place and qualification for the Champions League.
LSV Asset Management increased its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,461,770 shares of the wireless technology company's stock after purchasing an additional 58,630 shares during the period. Qualcomm accounts for approximately...
LSV Asset Management increased its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,461,770 shares of the wireless technology company's stock after purchasing an additional 58,630 shares during the period. Qualcomm accounts for approximately 1.3% of LSV Asset Management's investment portfolio, making the stock its 4th biggest position. LSV Asset Management owned approximately 0.32% of Qualcomm worth $592,136,000 at the end of the most recent reporting period. Get Qualcomm alerts: Sign Up Several other hedge funds have also recently modified their holdings of the stock. Greykasell Wealth Strategies Inc. raised its position in shares of Qualcomm by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company's stock worth $686,000 after purchasing an additional 61 shares during the last quarter. Certified Advisory Corp raised its position in shares of Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company's stock worth $1,678,000 after purchasing an additional 62 shares during the last quarter. ProVise Management Group LLC raised its position in shares of Qualcomm by 2.6% during the 3rd quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company's stock worth $426,000 after purchasing an additional 64 shares during the last quarter. Baker Tilly Wealth Management LLC raised its position in shares of Qualcomm by 1.0% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company's stock worth $1,095,000 after purchasing an additional 64 shares during the last quarter. Finally, Dakota Community Bank & Trust NA raised its position in shares of Qualcomm by 3.6% during the 4th quarter. Dakota Community Bank ...
Intel Corp. (NASDAQ:INTC) is reportedly exploring a strategic interest in AI chip startup Tenstorrent as major semiconductor companies race to strengthen their positions in the rapidly expanding AI inference market. Intel, Qualcomm Circle Tenstorrent Tenstorrent, which develops AI chips focused on improving efficiency for specific AI workloads, has reportedly held discussions with Intel and Qualco...
Intel Corp. (NASDAQ:INTC) is reportedly exploring a strategic interest in AI chip startup Tenstorrent as major semiconductor companies race to strengthen their positions in the rapidly expanding AI inference market. Intel, Qualcomm Circle Tenstorrent Tenstorrent, which develops AI chips focused on improving efficiency for specific AI workloads, has reportedly held discussions with Intel and Qualcomm Inc. (NASDAQ:QCOM) amid accelerating takeover interest in AI chip startups, Bloomberg reported on Tuesday, citing people familiar with the matter. Reportedly, Tenstorrent has also been working with investment banks to evaluate strategic options. Bloomberg reported Tenstorrent could be valued at more than $5 billion in a deal. The report also noted that Tenstorrent continues to pursue a new funding round while chipmakers race to secure AI technology and talent to compete with NVIDIA Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD). INTC Extends Momentum Intel stock is trading higher on Friday as chip stocks track a firm risk-on tape and traders continue to lean into the stock's longer-term uptrend. The Nasdaq is up 0.57% while the S&P 500 has gained 0.56%. With the major indexes green and momentum names still in favor, Intel's move looks consistent with dip-buying behavior in a strong trend rather than a single headline-driven spike. The stock's outsized 12-month run keeps it on traders' radar when the broader market is pushing higher. Intel is also sitting close to its recent highs, which can attract breakout-focused flows even when the day's catalyst is mostly "tape-driven." That proximity matters because nearby resistance levels often become the next decision points for short-term positioning. Intel Analyst Outlook The stock carries a Hold rating with an average price forecast of $77.65. Recent analyst moves include: Citigroup : Buy (Raises forecast to $130.00) (May 18) : Buy (Raises forecast to $130.00) (May 18) Benchmark : Buy (Raises forecast to $14...