European law enforcement say they hacked into a VPN (virtual private network) service used for ransomware attacks and other crimes, and identified thousands of users before shutting the VPN down and arresting its administrator. Europol announced yesterday the results of the operation against the service, First VPN. The First VPN website now displays a message saying the domain was seized by a join...
European law enforcement say they hacked into a VPN (virtual private network) service used for ransomware attacks and other crimes, and identified thousands of users before shutting the VPN down and arresting its administrator. Europol announced yesterday the results of the operation against the service, First VPN. The First VPN website now displays a message saying the domain was seized by a joint international law enforcement action. "A VPN service used by cybercriminals to conceal ransomware attacks, data theft, and other serious offenses has been dismantled in an international operation led by France and the Netherlands, with support from Europol and Eurojust," the agency said. "For years, the service, known as ‘First VPN,' was promoted on Russian-speaking cybercrime forums as a trusted tool for remaining beyond the reach of law enforcement. It offered users anonymous payments, hidden infrastructure, and services designed specifically for criminal use." Read full article Comments
imaginima/iStock via Getty Images Nvidia’s ( NVDA ) latest fiscal Q1 earnings were a telling tale of emerging upside to Lumentum Holdings Inc.’s ( LITE ) growth and earnings profile. Specifically, Nvidia reported another quarter of strong acceleration in its data center networking revenues, which grew nearly three-fold from the prior year. This momentum extends the cadence of acceleration observed...
imaginima/iStock via Getty Images Nvidia’s ( NVDA ) latest fiscal Q1 earnings were a telling tale of emerging upside to Lumentum Holdings Inc.’s ( LITE ) growth and earnings profile. Specifically, Nvidia reported another quarter of strong acceleration in its data center networking revenues, which grew nearly three-fold from the prior year. This momentum extends the cadence of acceleration observed from the preceding fiscal Q4, supported by Nvidia’s commitment to delivering “X-factor leaps in performance” with every generation of its compute and networking roadmap. Nvidia’s roadmap also underscores longer-term demand visibility for Lumentum laser components, as the impending transition to the next-generation Kyber rack-scale architecture and Vera Rubin increases scale-up and scale-out networking density. This is expected to reinforce demand for high-performance optical components, especially external laser sources that support the accelerating transition to co-packaged optics (“CPO”) architectures. As a key optical supplier for Nvidia, Lumentum is well-positioned to benefit from the emerging growth opportunity through its continuous wave (“CW”) lasers and electro-absorption modulated lasers (“EMLs”), which are critical in supporting next-generation AI optical fabrics. The emerging demand tailwind is also expected to complement Lumentum’s internal ramp-up of its CPO-related products, including ultra-high-power lasers and proprietary optical circuit switches (“OCS”), reinforcing management’s guide for a “massive step-up” in 2027. Taken together, these tailwinds underscore a favorable setup for upside surprise to Lumentum’s growth and earnings outlook, which likely remains underappreciated at current levels. The Nvidia and Lumentum Tie-Up Goes Beyond $2 Billion Lumentum’s association with Nvidia has been most notably defined by the $2 billion investment that the AI chipmaker made in March. As part of Nvidia’s investment, both parties have entered into a strategic agreem...
Key Points The Dow Jones Industrial Average hit fresh all-time highs Friday with a 0.9% gain. Secretary of State Marco Rubio signaled progress in peace talks with Iran, easing geopolitical tensions and taking pressure off oil prices. The S&P 500 is on track for its eighth consecutive weekly gain, a winning streak not seen since late 2023. 10 stocks we like better than Dow Jones Industrial Average ...
Key Points The Dow Jones Industrial Average hit fresh all-time highs Friday with a 0.9% gain. Secretary of State Marco Rubio signaled progress in peace talks with Iran, easing geopolitical tensions and taking pressure off oil prices. The S&P 500 is on track for its eighth consecutive weekly gain, a winning streak not seen since late 2023. 10 stocks we like better than Dow Jones Industrial Average › The stock market is ending the week on a high note. In particular, the Dow Jones Industrial Average (DJINDICES: ^DJI) is reaching fresh all-time highs with a 0.9% gain as of 1:15 p.m. ET. The S&P 500 (SNPINDEX: ^GSPC) is also sniffing around record levels after a 0.7% gain, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) index stands just a bit further from its recent records with a 0.5% jump. 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 » All three indexes are up significantly for the week after dipping into negative territory on Tuesday and Wednesday. ^DJI data by YCharts Cooling yields and peace talks lift the market The bond market calmed after rattling investors for most of the week. The 10-year Treasury yield dropped to around 4.55%, while the 30-year yield fell to approximately 5.07%. That might not sound like much, but when the 30-year had climbed to its highest level since before the 2008 financial crisis earlier this week, any retreat feels like a gift. Lower yields mean cheaper borrowing for companies and better math for stock valuations, especially for tech companies whose earnings are years away. That's a winning idea, since many of the largest stocks on the market today are tech giants with deep interests in the ongoing AI boom. Why are the bonds cooling off on Friday? Washington takes that credit. Secretary of State Marco Rubio signaled that peace talks with Iran are finally going somewh...
vchal/iStock via Getty Images Oklo ( OKLO ) up 2% in Friday's trading as Bank of America reinstates coverage with a Buy rating and $80 price target, while NuScale Power ( SMR ) up 1.1% as BofA resumes coverage at Neutral with a $12 PT. Oklo's ( OKLO ) differentiated, vertically integrated “build-own-operate” model positions the company as a potential early leader in small modular reactors, uniquel...
vchal/iStock via Getty Images Oklo ( OKLO ) up 2% in Friday's trading as Bank of America reinstates coverage with a Buy rating and $80 price target, while NuScale Power ( SMR ) up 1.1% as BofA resumes coverage at Neutral with a $12 PT. Oklo's ( OKLO ) differentiated, vertically integrated “build-own-operate” model positions the company as a potential early leader in small modular reactors, uniquely capturing full project economics by owning its reactors and pursuing long-term customer contracts mainly with a focus on energy-intensive customers that require behind-the-meter power, such as data centers, industrial users, and defense industries, according to BofA analysts led by Ross Fowler. BofA says early commercial validation underscores its conviction, citing Oklo's ( OKLO ) ~1.2 GWe binding power agreement with Meta and pipeline exceeding 14 GWe under non-binding customer letters, making the company one of the largest in the SMR sector and a strong indicator of the demand for the reactors. With the demonstration reactor on track and hyperscalers agreements, BofA believes Oklo ( OKLO ) offers a compelling advantage in capturing this growing market. Meanwhile, NuScale Power ( SMR ) offers first-mover regulatory advantage as the only small modular reactor with U.S. Nuclear Regulatory Commission Standard Design Approval, but BofA notes the company's revenues remain tied to services, first reactor power is not expected until the early 2030s, and converting agreements to firm deals has been slower than anticipated. At a time when SMR deployment requires significant upfront capital and balance sheet backing, peers have increasingly secured hyperscaler-supported agreements—an area where NuScale ( SMR ) remains underexposed. — and project costs are accelerating cash burn ahead of manufacturing revenues, increasing near-term funding risk, according to Fowler and his team. More on Oklo and NuScale Power A Buy Rating For Oklo As AI Data Centers Run Into The Power Wall Oklo: Q...
Key Points Birkenstock announced an accelerated share repurchase program. Last week, the stock had sunk to all-time lows since its 2023 IPO. Birkenstock looks cheap if the company maintains its current growth trajectory. 10 stocks we like better than Birkenstock Plc › Shares of Birkenstock Holdings (NYSE: BIRK) rallied 32.3% this week through Friday, at 1:30 p.m. EDT, according to data from S&P Gl...
Key Points Birkenstock announced an accelerated share repurchase program. Last week, the stock had sunk to all-time lows since its 2023 IPO. Birkenstock looks cheap if the company maintains its current growth trajectory. 10 stocks we like better than Birkenstock Plc › Shares of Birkenstock Holdings (NYSE: BIRK) rallied 32.3% this week through Friday, at 1:30 p.m. EDT, according to data from S&P Global Market Intelligence. Birkenstock bounced hard off its all-time lows this week. While "all-time low" sounds bad, the company held its IPO in October 2023, so it hasn't been public for very long. 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 » This week, management made it clear it believes the low stock price is unwarranted. On Thursday, Birkenstock announced an accelerated $250 million stock buyback. That message clearly resonated with investors who quickly snatched up shares on the news. Birkenstock hops off the ground On Thursday, Birkenstock announced an accelerated share repurchase of $250 million. Birkenstock will immediately repurchase six million shares at an average price of $33.21, which accounts for 80% of the total, while the remaining 20%, or $50 million, will be used to repurchase shares through June 30. That's already looking like a good deal, since Birkenstock's stock has already leaped to over $41 as of this writing. CEO Oliver Reichert said in the press release accompanying the announcement: The $250 million accelerated share repurchase is a strong statement that we believe in near-term and long-term value of BIRKENSTOCK. Our business continues to deliver outstanding performance and we see a huge runway for growth ahead for our beloved brand. We remain confident in our ability to achieve revenue growth of 13-15% annually in constant currency, while maintaining strong margins and stro...
Sundry Photography/iStock Editorial via Getty Images Susquehanna lowered its price target on Intuit ( INTU ) to $550.00 from $640.00, citing the weakness in its FQ3 results that landed a bull's-eye in the bear narrative: low-priced, DIY tax returns. On Wednesday, Intuit, the owner of TurboTax, QuickBooks, and Mailchimp, reportedly told employees it's cutting about 17% of its workforce, or about 3,...
Sundry Photography/iStock Editorial via Getty Images Susquehanna lowered its price target on Intuit ( INTU ) to $550.00 from $640.00, citing the weakness in its FQ3 results that landed a bull's-eye in the bear narrative: low-priced, DIY tax returns. On Wednesday, Intuit, the owner of TurboTax, QuickBooks, and Mailchimp, reportedly told employees it's cutting about 17% of its workforce, or about 3,000 employees. The same day, the firm delivered better-than-expected fiscal Q3 earnings and boosted its full-year guidance. "While the high-end tax (Assist) looked great, the low-end fell apart with the conclusion: AI disintermediation. We talked to INTU, and in our callback the company shared some valuable points, especially that the low-end weakness could be sourced to a specific competitor, little to do with AI," said analyst James Friedman. TurboTax Live (now ~53% of revenues, up from ~41% last year) grew 36%, very good. At the same time, this implies a decline of about 26% in DIY revenues, very weak. Lands total TurboTax growth at +7%, according to the research note. "We see downside risk to $275, which could be achieved under government regulatory intervention, macro deterioration, or key management transition," the research note said. More on Intuit Intuit: Perfect Time To Buy This High-Quality Compounder Intuit Inc. (INTU) Q3 2026 Earnings Call Transcript Wall Street Lunch: Intuit Cuts 3,000 Jobs Ahead Of Q3 Results Biggest stock movers Thursday: Quantum computing stocks, DE, WMT, and more Intuit outlines $21.341B-$21.374B FY2026 revenue as it cuts workforce 17%
Andrzej Rostek Slate Grocery REIT ( SRRTF ) rose 5.8% after the company said its board established a special committee in response to an unsolicited takeover bid. Slate Grocery ( SRRTF ) received the offer from affiliates of Slate Asset Management, the external manager of the REIT, according to a statement on Friday. The special committee has determined to start a formal process to solicit proposa...
Andrzej Rostek Slate Grocery REIT ( SRRTF ) rose 5.8% after the company said its board established a special committee in response to an unsolicited takeover bid. Slate Grocery ( SRRTF ) received the offer from affiliates of Slate Asset Management, the external manager of the REIT, according to a statement on Friday. The special committee has determined to start a formal process to solicit proposals from third parties. “The committee recognizes that the value of the underlying portfolio may not be fully reflected in the public markets, and as such, we are evaluating various alternatives ranging from initiatives under the status quo, to a whole company sale,” said Marc Rouleau , chair of the special committee. Shares of Slate Grocery REIT have gained 4.3% this year and 9.7% over the past year. The special committee has retained Evercore as its financial advisor and Fasken Martineau DuMoulin LLP and Sidley Austin LLP as its independent legal counsel. The special committee has also engaged Raider Hill Advisors, L.L.C. as its special real estate advisor. More on Slate Grocery REIT Slate Grocery REIT (SGR.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript Get A Generous Yield And Upside Potential With Slate Grocery REIT Historical earnings data for Slate Grocery REIT Dividend scorecard for Slate Grocery REIT Financial information for Slate Grocery REIT
On May 22, 2026, WNY Asset Management disclosed a buy of the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX) , adding 344,517 shares in an estimated $17.96 million trade based on quarterly average prices. According to a SEC filing dated May 22, 2026, WNY Asset Management increased its stake in the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX) by 344,517 shares during the first quar...
On May 22, 2026, WNY Asset Management disclosed a buy of the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX) , adding 344,517 shares in an estimated $17.96 million trade based on quarterly average prices. According to a SEC filing dated May 22, 2026, WNY Asset Management increased its stake in the Goldman Sachs S&P 500 Premium Income ETF (NASDAQ:GPIX) by 344,517 shares during the first quarter. The estimated transaction value was $17.96 million, based on the average closing price for the quarter. The position’s quarter-end value rose by $17.15 million, reflecting both the additional shares and movement in the fund’s price. The Goldman Sachs S&P 500 Premium Income ETF is designed to provide investors with a high level of current income while maintaining exposure to the S&P 500. The fund leverages an options-based approach to enhance yield and manage risk, making it suitable for those seeking steady income distributions. With a substantial asset base and a competitive yield, the fund offers a differentiated solution for income-focused portfolios. Continue reading
Docusign ( DOCU ) was in the spotlight on Friday as Needham said they left the company's annual customer conference feeling more positive after speaking to several customers. “One of the more notable differences this year was the focus on Enterprise sized customers versus small partners we encountered at prior Momentums,” analyst Scott Berg wrote in a note to clients. “We continue to believe contr...
Docusign ( DOCU ) was in the spotlight on Friday as Needham said they left the company's annual customer conference feeling more positive after speaking to several customers. “One of the more notable differences this year was the focus on Enterprise sized customers versus small partners we encountered at prior Momentums,” analyst Scott Berg wrote in a note to clients. “We continue to believe contract construction and contract data mining to be one of the best near-term monetization cases for Gen AI technology within the Application Software stack and believe DOCU's IAM strategy has appropriately embraced this theme. Customers generally agreed, noting that scalability and security were amongst their greatest concerns for solutions in this category with these customers believing Docusign was one in a finite vendor list to be able to meet these requirements.” “Overall feedback was generally positive including comments on breadth of solution and the department level functionality,” Berg added. He has a Hold rating and no price target on Docusign. More on DocuSign Docusign: Beware The High Stock-Based Compensation That Makes This A Value Trap Docusign Bottoms And Delivers Renewed Growth Prospects - Reiterate Buy Docusign: Stabilizing Business At A Great Price Anthropic's Claude for Small Business seeks to capture market currently underutilizing AI tools Citi downgrades six software stocks as AI concerns intensify
Key Points Broadcom is benefiting from increasing hyperscaler demand for custom chips. Artificial intelligence (AI) networking is another major growth opportunity for Broadcom. The VMware acquisition gave Broadcom exposure to the enterprise AI software infrastructure opportunity. 10 stocks we like better than Broadcom › Some investors assume Nvidia (NASDAQ: NVDA) will dominate every critical part ...
Key Points Broadcom is benefiting from increasing hyperscaler demand for custom chips. Artificial intelligence (AI) networking is another major growth opportunity for Broadcom. The VMware acquisition gave Broadcom exposure to the enterprise AI software infrastructure opportunity. 10 stocks we like better than Broadcom › Some investors assume Nvidia (NASDAQ: NVDA) will dominate every critical part of the artificial intelligence (AI) infrastructure technology stack. But that assumption is flawed. Hyperscalers are increasingly focused on lowering the cost of running AI models at scale and building custom infrastructure. That shift in focus has created a major long-term opportunity for Broadcom (NASDAQ: AVGO). Let me explain. 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 » Hyperscalers want more control The clearest evidence of the shift can be seen in what some of Nvidia's own biggest customers are doing. In April 2026, Meta Platforms expanded its partnership with Broadcom through 2029 to codevelop multiple generations of custom AI processors. Broadcom's Ethernet networking technology will also help connect Meta's AI infrastructure. Alphabet extended its custom AI chip partnership with Broadcom through 2031 in April 2026. The company already benefits commercially from that relationship. It's helping design Alphabet's custom Tensor Processing Units (TPUs) used for Anthropic's 1-gigawatt TPU compute deployment. This suggests hyperscalers increasingly want more control over how their AI infrastructure is built and scaled, while also reducing dependence on Nvidia alone. Hence, management expects Broadcom to earn more than $100 billion in AI chip revenue in 2027. Broadcom has a networking edge Broadcom also supplies the networking technology that enables these custom chips to communicate across massive AI...
(RTTNews) - The Canadian market is up firmly in positive territory Friday afternoon, led by gains in technology, communications and utilities sectors. Slight optimism about U.S. and Iran reaching a deal to end the war in the Middle East contributed to the fairly positive mood in the market. The benchmark S&P/TSX Composite Index was up 137.13 points or 0.4% at 34,546.60 a few minutes ago. The Infor...
(RTTNews) - The Canadian market is up firmly in positive territory Friday afternoon, led by gains in technology, communications and utilities sectors. Slight optimism about U.S. and Iran reaching a deal to end the war in the Middle East contributed to the fairly positive mood in the market. The benchmark S&P/TSX Composite Index was up 137.13 points or 0.4% at 34,546.60 a few minutes ago. The Information Technology Capped Index gained about 2% as several stocks gained in strength. BlackBerrye is up nearly 20% after FedRAMP re-certification strengthened its U.S. government software position. Celestica Inc., is rising 4%. Lightspeed Commerce, Firan Technology Group, CGI Inc., Open Text Corporation and Descartes Systems Group are gaining 1%-3.5%. In the communications section, Quebecor is gaining 2.75%. BCE Inc. is up by about 1.1%, while Cogeco Communications and Telus Corporation are up with modest gains. Among utilities stocks, TransAlta Corporation, Superior Plus, Capital Power Corporation, Brookfield Renewable Partners, AltaGas and Canadian Utilities are up 1%-2%. In economic news, data from the Canadian Federation of Independent Business said Canada's CFIB Business Barometer long-term index, which tracks 12-month forward expectations for business performance, dropped to 46.3 in May from a downwardly revised 58.0 in April. May's reading marks the lowest in a year. Data from Statistics Canada said retail sales in Canada increased 0.6% month-over-month in April, according to a preliminary estimate. In March, retail sales increased 0.9%, higher than initial estimates of a 0.6% rise. A separate data from Statistics Canada showed producer prices in Canada rose 2.0% month-over-month in April, following a 2.4% increase in March and exceeding market expectations of 1.3%. Annually, producer price inflation reached 11.4% in April, the highest since July 2022. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those...
美國國家情報總監加巴德辭職 據報與特朗普就伊朗戰事存分歧 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國國家情報總監加巴德辭職，以便照顧患癌的丈夫。 加巴德在辭職信表示，其丈夫近日確診非常罕見的骨癌，面臨重大...
美國國家情報總監加巴德辭職 據報與特朗普就伊朗戰事存分歧 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國國家情報總監加巴德辭職，以便照顧患癌的丈夫。 加巴德在辭職信表示，其丈夫近日確診非常罕見的骨癌，面臨重大挑戰，因此她暫時必須放下公職，全力陪伴和支持丈夫戰勝病魔，感謝總統特朗普信任。特朗普讚揚加巴德表現出色，宣布國家情報副總監盧卡斯將暫代職務。不過多間傳媒報道，特朗普近月多次表達不滿加巴德，兩人在伊朗戰事立場存有分歧。知情人士指，加巴德實際上是被白宮逼走，她將於下月30日離職，是特朗普第二個任期內第四位離職的閣員。
伊朗局勢｜特朗普稱與伊衝突「很快結束」 伊朗強調雙方仍有重大分歧 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普稱伊朗衝突很快結束，伊朗強調雙方仍有重大分歧。 特朗普出席活動時重申伊朗永遠無法擁有核...
伊朗局勢｜特朗普稱與伊衝突「很快結束」 伊朗強調雙方仍有重大分歧 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普稱伊朗衝突很快結束，伊朗強調雙方仍有重大分歧。 特朗普出席活動時重申伊朗永遠無法擁有核武，認為事情很快告一段落。美媒引述消息，特朗普與國安團隊開會商討伊朗戰事，除非談判在最後一刻取得突破，否則特朗普正考慮對伊朗發動新一波攻擊。 伊朗外交部發言人強調，談判重點是結束戰事，現階段沒有磋商核問題，認為美伊仍有重大分歧，並非接近達成協議，外交需要時間，不能通過數輪磋商就有成果。
Director of National Intelligence Tulsi Gabbard says she is resigning to help her husband fight a rare form of bone cancer. Her last day is expected to be on June 30. She's been increasingly out of step with the White House because of her anti-war views. Bloomberg's Jeff Mason reports. (Source: Bloomberg)
Director of National Intelligence Tulsi Gabbard says she is resigning to help her husband fight a rare form of bone cancer. Her last day is expected to be on June 30. She's been increasingly out of step with the White House because of her anti-war views. Bloomberg's Jeff Mason reports. (Source: Bloomberg)
沃什宣誓就任美國聯邦儲備局主席 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】沃什宣誓就任美國聯邦儲備局主席。 最高法院大法官托馬斯主持監誓，沃什在就職禮表示將帶領聯儲局改革，從過往的錯誤中汲取教訓，目標是促進物...
沃什宣誓就任美國聯邦儲備局主席 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】沃什宣誓就任美國聯邦儲備局主席。 最高法院大法官托馬斯主持監誓，沃什在就職禮表示將帶領聯儲局改革，從過往的錯誤中汲取教訓，目標是促進物價穩定。聯儲局將維持獨立性，對抗通脹，促進經濟增長，相信未來數年美國人民生活水平能提高。總統特朗普出席就職儀式，稱希望沃什完全獨立，毋需理會他和任何人，只需盡自己本分，相信沃什將是偉大的聯儲局主席。
李家超祝賀黎家盈成為載荷專家 參與神舟二十三號載人飛行任務 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】行政長官李家超祝賀黎家盈通過選拔和訓練成為載荷專家，參與神舟二十三號載人飛行任務。 李家超：「我衷心感謝國...
李家超祝賀黎家盈成為載荷專家 參與神舟二十三號載人飛行任務 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】行政長官李家超祝賀黎家盈通過選拔和訓練成為載荷專家，參與神舟二十三號載人飛行任務。 李家超：「我衷心感謝國家對香港的信任，以及對香港創科人員的肯定和支持。我亦祝賀黎家盈博士代表香港特區驕傲地參與國家航天任務，在太空翱翔探索。星空浩瀚，逐夢遠航，香港專家得以參與國家航天任務，我們都與有榮焉，振奮無比。」