President Xi Jinping has pivoted from hosting a summit with US President Donald Trump to another, just days later, with Russian President Vladimir Putin. It was a landmark moment in head-of-state diplomacy, a guiding strategic principle of foreign relations under Xi’s leadership. His summit with Putin was seen by some in the West as sequential to his meetings with Trump. That is far from the reali...
President Xi Jinping has pivoted from hosting a summit with US President Donald Trump to another, just days later, with Russian President Vladimir Putin. It was a landmark moment in head-of-state diplomacy, a guiding strategic principle of foreign relations under Xi’s leadership. His summit with Putin was seen by some in the West as sequential to his meetings with Trump. That is far from the reality. China does not see a stabilised relationship with Russia – among the three major powers – only as leverage against the United States but as positive for world stability and peace. Indeed, one major development was that Xi and Putin have agreed to extend the China-Russia Treaty of Good-Neighbourliness, Friendship and Cooperation , originally signed in 2001 and last extended in 2021. They can be expected to continue liaising on major international issues, including in the United Nations Security Council. Advertisement Understandably, given the global energy crisis amid the war on Iran and the obstruction of oil and gas shipments in the Strait of Hormuz, the world looked to the Xi-Putin summit for news of the major energy deal under negotiation for many years. The two leaders are reported to have agreed on the key details of the Power of Siberia 2 gas pipeline, but pricing remains undisclosed amid inflation driven by geopolitical factors. Despite the lack of official news on the pipeline, it was the announcement of deals that set the Xi-Putin meeting apart. Days after Xi and Trump agreed on a “constructive China-US relationship of strategic stability”, a framework within which deals might be negotiated, Xi and Putin reached a raft of agreements and pledged deeper cooperation. Xi said their bilateral ties, in the 30th anniversary year of the China-Russia strategic partnership of coordination, should be “rightfully considered a model of a new type of relationship between major powers”. Advertisement Even if China may not see eye to eye with Russia on occasion, it respects it...
American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues Submitted by American Truckers United , In a unanimous landmark decision , the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers. Landmark win for trucking safe...
American Freight Revival Enters Next Phase As Illegal Alien Trucker Chaos Continues Submitted by American Truckers United , In a unanimous landmark decision , the U.S. Supreme Court ruled that the Federal Aviation Administration Authorization Act (FAAAA) does not protect freight brokers from state-law negligence claims when they carelessly hire unsafe motor carriers. Landmark win for trucking safety this morning. The Supreme Court rules UNANIMOUSLY against the broker that helped put the illegal alien who hit Dalilah Coleman on the road. As a result of this decision, trucking brokers can be liable for negligently giving loads to illegal… https://t.co/0pYntFxiDx — Senator Jim Banks (@SenatorBanks) May 14, 2026 The case, Shawn Montgomery v. Caribe Transport II, LLC, et al., marks a seismic shift in the trucking industry. For the first time in years, brokers can be held accountable when their profit-driven shortcuts lead to deadly crashes. This is a massive victory for crash victims and the small- to midsize carriers who actually move America's freight. American Truckers United (ATU) proudly filed an amicus curiae brief supporting the petitioner, exposing how blanket broker immunity had fueled a dangerous race to the bottom. "It is implausible that Congress sought to immunize brokers from tort liability when their negligence leads to fatal or injurious motor vehicle crashes," our brief stated. "Any time the government provides immunity from suit, it picks economic winners and losers… There is no reason to believe Congress chose negligent brokers to be the winners." 🚨 The Supreme Court will soon rule in a blockbuster case that could impact liability for crashes involving unvetted carriers and truck drivers: Montgomery v. Caribe Transport II and C.H. Robinson. The trucking industry—and especially brokers—is watching very closely. Freight… pic.twitter.com/csbNMFiRVu — American Truckers United (@atutruckers) March 10, 2026 The Broken System That Needed Fixing For too long, ...
特朗普政府周四进一步推迟了宾夕法尼亚州埃迪斯通化石燃料发电站主要机组的关闭时间,下令康斯特拉顿能源公司(Constellation Energy Corp) 继续运行3号和4号机组,使其运行时间超过原定计划。美国能源部在一份声明中表示,美国能源部长赖特发布了一项紧急命令,指示北美最大的电力网运营商PJM互联公司与星座能源公司合作,确保这两台机组保持运行,并“最大限度地降低美国民众的成本”。“在最需...
特朗普政府周四进一步推迟了宾夕法尼亚州埃迪斯通化石燃料发电站主要机组的关闭时间,下令康斯特拉顿能源公司(Constellation Energy Corp) 继续运行3号和4号机组,使其运行时间超过原定计划。美国能源部在一份声明中表示,美国能源部长赖特发布了一项紧急命令,指示北美最大的电力网运营商PJM互联公司与星座能源公司合作,确保这两台机组保持运行,并“最大限度地降低美国民众的成本”。“在最需要的时候能发挥作用的能源,本质上就是最有价值的——这就是为什么在过去一年电力需求高峰期间,天然气和石油显得尤为重要,”赖特在声明中表示。周四发布的最新命令将使埃迪斯通机组的运行时间延长至2026年8月22日。 责任编辑:王永生
May 21 (Reuters) - Alphabet's Waymo said on Thursday it has suspended its robotaxi service on freeways in the United States and paused its operations in Atlanta, Georgia as it updates software to improve performance around construction zones and flooded roadways. The suspension comes as Waymo, which has been growing its robotaxi operation slowly and steadily for years in the U.S., has quickened...
May 21 (Reuters) - Alphabet's Waymo said on Thursday it has suspended its robotaxi service on freeways in the United States and paused its operations in Atlanta, Georgia as it updates software to improve performance around construction zones and flooded roadways. The suspension comes as Waymo, which has been growing its robotaxi operation slowly and steadily for years in the U.S., has quickened the pace of expansion, as others, including Tesla and Amazon's Zoox, step up their push in the sector. "We have temporarily paused freeway operations, as we work to integrate recent technical learnings into our software and expect to resume these routes soon," a Waymo spokesperson said in an email. Freeway trips on Waymo were available in San Francisco, Los Angeles, Phoenix and Miami. Waymo was evaluating and improving its performance around certain types of construction zones, the company told Reuters, adding that street operations remained unaffected. The company also paused its service in Atlanta, offered through its partnership with Uber, it said, after an unoccupied Waymo robotaxi stopped in flood water on Wednesday. The pause follows Waymo's recall of about 3,800 robotaxis in the United States earlier this month, after identifying a risk that vehicles could enter flooded roads with higher speed limits, raising safety concerns. (Reporting by Abhirup Roy in San Francisco and Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar)
Sony Group Corp.’s Bungie unit is planning a significant number of layoffs as it ends development on the long-running online shooter game Destiny 2 , according to people familiar with the studio’s plans. The company doesn’t have a new project lined up for Destiny 2 ’s development team after the game comes to an end next month, according to the people, who asked to not be identified because they we...
Sony Group Corp.’s Bungie unit is planning a significant number of layoffs as it ends development on the long-running online shooter game Destiny 2 , according to people familiar with the studio’s plans. The company doesn’t have a new project lined up for Destiny 2 ’s development team after the game comes to an end next month, according to the people, who asked to not be identified because they weren’t authorized to speak to press. Bungie doesn’t plan to immediately enter production on a Destiny 3, they said. The number of job cuts was not known. On Thursday, Bungie confirmed that the upcoming June 9 update of Destiny 2 will be the final content for the game. The studio promised that it will remain online for players to access. “While our love for Destiny 2 has not changed, it has become clear that after The Final Shape , we have reached the time for our shared worlds, and Destiny , to live beyond Destiny 2 ,” Bungie wrote in a blog post. Bungie’s staff are looking to pitch and begin development of new projects, including in the Destiny franchise, but none have been greenlit and there’s no guarantee that any will move forward in a challenging market that has led companies like Sony to raise prices and cut costs . Headquartered in Bellevue, Washington, Bungie is one of the more expensive studios to operate, given the cost of paying tech-savvy workers in suburban Seattle and the longevity of its staff. Bungie is also investing more in the extraction shooter Marathon , which has not met sales expectations since its March release but which the company hopes will expand its player base over time. The studio has moved some staff from the Destiny team to Marathon in recent months. A representative for Sony didn’t immediately respond to requests for comment. Destiny was once one of the most popular games on the market, generating more than $500 million in revenue when it launched in 2014 and inspiring countless imitators. In 2017, Bungie put out a sequel, and after parting ...
英国消费者信心本月小幅走高,但受2月底爆发的伊朗战争影响,该指数仍徘徊在两年半低点附近。 研究机构GfK与纽伦堡市场决策研究所(Nuremberg Institute for Market Decisions)周五公布的晴雨表显示,5月份该指数上升两个点至负23。 消费者信心在今年年初曾达到2024年8月以来的最高水平,但在冲突开始后大幅下跌。 GfK消费者洞察总监尼尔·贝拉米(Neil Bell...
英国消费者信心本月小幅走高,但受2月底爆发的伊朗战争影响,该指数仍徘徊在两年半低点附近。 研究机构GfK与纽伦堡市场决策研究所(Nuremberg Institute for Market Decisions)周五公布的晴雨表显示,5月份该指数上升两个点至负23。 消费者信心在今年年初曾达到2024年8月以来的最高水平,但在冲突开始后大幅下跌。 GfK消费者洞察总监尼尔·贝拉米(Neil Bellamy)表示,本月的上升表明人们对个人财务状况和整体经济的看法有所改善。英国4月份的通胀率低于预期,从3月份的3.3%降至2.8%。 但调查中的储蓄指标下降了10个点,降幅异常之大,这表明人们将储蓄资金转用于日常开支。贝拉米说:“4月份通胀率虽然有所下降,但鉴于价格压力预计将再度回升,且利率前景持续不明,5月份的数据不太可能标志着持续改善的开始。” 他指出,低收入阶层的信心降幅更大,这些家庭面临的生活成本压力更为严峻。 责任编辑:王永生
The legality is complex. Though both Polymarket and Kalshi ban insider trading, experts say it might not be considered illegal if the insider were to make a bet using information that was not considered stolen or misused. Two hypothetical examples might be if Taylor Swift placed a bet on when she might get married or if Trump's administration gave information away willingly to colleagues or friend...
The legality is complex. Though both Polymarket and Kalshi ban insider trading, experts say it might not be considered illegal if the insider were to make a bet using information that was not considered stolen or misused. Two hypothetical examples might be if Taylor Swift placed a bet on when she might get married or if Trump's administration gave information away willingly to colleagues or friends about future policy. Of course, insider trading happens on all markets.
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 7.3% over the past six months. This performance is a stark contrast from the S&P 500’s 13.2% gain. However, some businesses can support ...
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the industry has pulled back by 7.3% over the past six months. This performance is a stark contrast from the S&P 500’s 13.2% gain. However, some businesses can support their premium valuations with superior earnings growth, and our mission at StockStory is to help you find them. On that note, here is one resilient software stock at the top of our wish list and two we’re steering clear of. Two Software Stocks to Sell: PubMatic (PUBM) Market Cap: $467.2 million Powering billions of daily ad impressions across the open internet, PubMatic (NASDAQ:PUBM) operates a technology platform that helps publishers maximize revenue from their digital advertising inventory while giving advertisers more control and transparency. Why Do We Pass on PUBM? Customers have churned over the last year due to the commoditized nature of its software, as reflected in its 96% net revenue retention rate Customer acquisition costs take a while to recoup, making it difficult to justify sales and marketing investments that could increase revenue Capital intensity will likely ramp up in the next year as its free cash flow margin is expected to contract by 9.4 percentage points PubMatic is trading at $10.06 per share, or 1.6x forward price-to-sales. Check out our free in-depth research report to learn more about why PUBM doesn’t pass our bar. Oracle (ORCL) Market Cap: $521.9 billion Starting as a database company in 1977 and now powering mission-critical systems across the globe, Oracle (NYSE:ORCL) provides enterprise software and hardware products and services that help businesses manage their information technology needs. Why Are We Cautious About ORCL? Annual sales growth of 10.1% over the last five years lagged behind its software peers as its large revenue base made i...
EU needs to delay social media access for children - von der Leyen She told an EU summit that an expert panel was due to come up with steps on how to protect minors online by July.
EU needs to delay social media access for children - von der Leyen She told an EU summit that an expert panel was due to come up with steps on how to protect minors online by July.
"It's not how somebody should be living their life, in total angst and distress, it's not acceptable. I couldn't face becoming a recluse just for the sake of what this person did to me," she said.
"It's not how somebody should be living their life, in total angst and distress, it's not acceptable. I couldn't face becoming a recluse just for the sake of what this person did to me," she said.
Key Points Archon Capital Management sold 1,325,045 shares of Babcock & Wilcox Enterprises last quarter; the estimated transaction value was $13.93 million. The move represents a roughly 8% change in 13F reportable assets under management (AUM). It also marked a full exit, with Archon reporting no BW holdings at quarter's end. 10 stocks we like better than Babcock & Wilcox Enterprises › On May 14,...
Key Points Archon Capital Management sold 1,325,045 shares of Babcock & Wilcox Enterprises last quarter; the estimated transaction value was $13.93 million. The move represents a roughly 8% change in 13F reportable assets under management (AUM). It also marked a full exit, with Archon reporting no BW holdings at quarter's end. 10 stocks we like better than Babcock & Wilcox Enterprises › On May 14, 2026, Archon Capital Management disclosed in a Securities and Exchange Commission (SEC) filing that it sold out its entire position in Babcock & Wilcox Enterprises (NYSE:BW), liquidating 1,325,045 shares for an estimated $13.93 million based on quarterly average pricing. What happened According to an SEC filing dated May 14, 2026, Archon Capital Management sold all 1,325,045 shares of Babcock & Wilcox Enterprises in the first quarter. The estimated transaction value was $13.93 million, calculated using the average closing price from January through March 2026. The fund reported holding zero shares of the company at quarter-end, with the position’s net value change at $8.40 million as a result. What else to know Top holdings after the filing: NASDAQ:BAND: $10.39 million (5.9% of AUM) NASDAQ:APYX: $10.30 million (5.8% of AUM) NYSE:SVV: $9.65 million (5.5% of AUM) NASDAQ:BRZE: $9.51 million (5.4% of AUM) NASDAQ:OMDA: $9.11 million (5.1% of AUM) As of Thursday, shares of Babcock & Wilcox Enterprises were priced at $20.54, skyrocketing nearly 2,700% over the past year. The S&P 500, meanwhile, is up 27% in the same period. Company Overview Metric Value Revenue (TTM) $653.5 million Net Income (TTM) ($128.90 million) Market Capitalization $91.1 million Price (as of market close May 14, 2026) $20.54 Company Snapshot Babcock & Wilcox provides energy and emissions control solutions, including waste-to-energy, biomass energy systems, emissions control technologies, and steam generation equipment. The firm operates a segment-based business model across Renewable, Environmental, and The...
However, border officials still have to do part of the process for each tourist. Setting up a profile linked to the new system means it will take a little longer to get through.
However, border officials still have to do part of the process for each tourist. Setting up a profile linked to the new system means it will take a little longer to get through.
On a recent episode of Ramsey Everyday Millionaires titled “How Do I Invest When the News Keeps Shaking the Market?”, a caller named Sally explained that she had $300,000 in cash and only $50,000 invested in Vanguard S&P 500 ETF (NYSEARCA:VOO). The guidance from the show was direct: stop trying to time the market and ... The $300,000 Mistake: Financial Advisor Explains Why Waiting to Buy VOO Is Co...
On a recent episode of Ramsey Everyday Millionaires titled “How Do I Invest When the News Keeps Shaking the Market?”, a caller named Sally explained that she had $300,000 in cash and only $50,000 invested in Vanguard S&P 500 ETF (NYSEARCA:VOO). The guidance from the show was direct: stop trying to time the market and ... The $300,000 Mistake: Financial Advisor Explains Why Waiting to Buy VOO Is Costing You Compounding
In this article IMAX Follow your favorite stocks CREATE FREE ACCOUNT An Imax private screening for the movie "First Man" at an AMC theater in New York on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images Shares of premium theater company IMAX jumped after the closing bell Thursday following a report that it's exploring a sale. A source familiar with the company told CNBC that it...
In this article IMAX Follow your favorite stocks CREATE FREE ACCOUNT An Imax private screening for the movie "First Man" at an AMC theater in New York on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images Shares of premium theater company IMAX jumped after the closing bell Thursday following a report that it's exploring a sale. A source familiar with the company told CNBC that it has held "preliminary talks" through intermediaries, but no official pitches have been made by the company. IMAX's longtime bankers occasionally test the waters for potential interest, said the person, who spoke on the condition of anonymity due to the confidential nature of the discussions. The Wall Street Journal first reported the potential sale process. The stock was up roughly 10% in extended trading. CEO Rich Gelfond recently returned to work after taking temporary medical leave to undergo treatment for pneumonia. Gelfond told shareholders back in December that he was open to a potential sale of the company. He said at the company's investor day that IMAX is "an incredibly valuable player, either as a wholly differentiated publicly-traded company or as part of a larger company with the keys to unlock even greater value and our strong business worldwide." "We're very excited about all of those possibilities. And we're going to run our business to maximize value in every possible way," Gelfond said. IMAX has become the premiere vendor of premium experiences in the theatrical space. Last year, the company generated a record $1.28 billion at the global box office, a more than 40% increase over 2024 and 13% higher than its previous record set in 2019. Meanwhile, premium large format, or PLF, screens continue to grow in popularity. In 2025, PLF screens accounted for 16.3% of domestic ticket sold, averaging $16.88 a piece. That's up from around 14% of tickets sold in 2021 at an average of $15.42 each, according to data from EntTelligence. Choose CNBC as your preferred sourc...
(RTTNews) - The South Korea stock market on Thursday halted the two-day slide in which it had tumbled more than 300 points or 4 percent. The KOSPI now sits just above the 7,815-point plateau and it's tipped to open in the green again on Friday. The global forecast for the Asian markets is cautiously optimistic on easing crude oil prices. The European markets were mixed and the U.S. bourses were up...
(RTTNews) - The South Korea stock market on Thursday halted the two-day slide in which it had tumbled more than 300 points or 4 percent. The KOSPI now sits just above the 7,815-point plateau and it's tipped to open in the green again on Friday. The global forecast for the Asian markets is cautiously optimistic on easing crude oil prices. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The KOSPI finished with enormous gains across the board, especially among the finance, technology, chemical and automobile companies. For the day, the index skyrocketed 606.64 points or 8.42 percent to finish at 7,815.59 after trading between 7,486.37 and 7,819.23. Volume was 616.36 million shares worth 42.74 trillion won. There were 667 gainers and 220 decliners. Among the actives, Shinhan Financial collected 0.85 percent, while KB Financial vaulted 2.70 percent, Hana Financial jumped 3.29 percent, Samsung Electronics soared 8.51 percent, Samsung SDI strengthened 8.07 percent, LG Electronics rallied 29.83 percent, SK Hynix surged 11.17 percent, Naver advanced 4.18 percent, LG Chem improved 4.82 percent, Lotte Chemical added 3.54 percent, SK Innovation increased 2.86 percent, POSCO Holdings gained 6.35 percent, SK Telecom climbed 4.79 percent, KEPCO expanded 6.78 percent, Hyundai Mobis skyrocketed 25.23 percent, Hyundai Motor accelerated 12.50 percent and Kia Motors spiked 12.38 percent. The lead from Wall Street is positive as the major averages spent the first half of Thursday in the red before bouncing firmly into positive territory, ending near daily highs. The Dow climbed 276.31 points or 0.55 percent to finish at 50,285.66, while the NASDAQ added 22.74 points or 0.09 percent to end at 26,293.10 and the S&P 500 rose 12.75 points or 0.17 percent to close at 7,445.72. The initial pullback on Wall Street came amid a substantial rebound by the price of crude oil, with U.S. crude oil futures surging as much as 4.5 perce...
alacatr/iStock via Getty Images Thesis As you know, Applied Digital Corporation ( APLD ) has just announced a 15-year, $7.5 billion take-or-pay lease at Polaris Forge 3. I see this as great validation that Applied has transitioned into a scaled, contracted AI infrastructure platform. They’re set to push total capacity beyond 1 GW and are showing us repeat hyperscaler demand, which is good to see. ...
alacatr/iStock via Getty Images Thesis As you know, Applied Digital Corporation ( APLD ) has just announced a 15-year, $7.5 billion take-or-pay lease at Polaris Forge 3. I see this as great validation that Applied has transitioned into a scaled, contracted AI infrastructure platform. They’re set to push total capacity beyond 1 GW and are showing us repeat hyperscaler demand, which is good to see. However, their valuation already reflects some very strong execution, which leaves my upside case being the company continuing to convert their $31 billion backlog into realized revenue while at the same time securing other large-scale leases. This would drive a multi-year ramp toward durable, high-margin cash flows. In my previous coverage , I took a look at Applied going into their fiscal Q3 '26 and anticipated a positive outcome. Since then, the stock has been up about 102% after those earnings. Seeking Alpha Fourth Campus At Polaris Forge 3 Leased As you probably know, this announcement is a pretty big deal for Applied this year, since it’s a major scaling milestone for them. And that would be both in terms of the physical infrastructure and the potential long-term contracted revenue. They’ve just signed a new 15-year take-or-pay lease for their fourth AI campus, Polaris Forge 3. In terms of capacity, the company has just surpassed 1 GW of total contracted IT load capacity across its portfolio. So in practical terms, that’s pretty enormous. If you think about it, the 1.2 GW of critical IT load they mention in their press release is roughly similar to the power we would need to run hundreds of thousands of high-end GPUs continuously for AI training/inference. Now, the Polaris Forge 3 campus alone contributes 300 megawatts (MW) of that capacity and would be backed by about 430 MW of utility power. So this adds about $7.5 billion in contracted base revenue, with potentially $18.2 billion in extensions. Applied Digital Corporation Now, I think it’s worth looking into where ...
The number of cases from the most serious form of skin cancer have reached a record high across the UK, according to analysis by a leading cancer charity. Melanoma cases in the UK have risen above 20,000 for the first time ever, with 20,980 people being diagnosed with the form of cancer in 2022, according to analysis of the latest figures by Cancer Research UK. The charity has projected that by 20...
The number of cases from the most serious form of skin cancer have reached a record high across the UK, according to analysis by a leading cancer charity. Melanoma cases in the UK have risen above 20,000 for the first time ever, with 20,980 people being diagnosed with the form of cancer in 2022, according to analysis of the latest figures by Cancer Research UK. The charity has projected that by 2040, there could be a record 26,500 new cases of the disease every year in the UK, an increase of 23% in men, and 26% in women. The increases in skin cancer cases reflect the UK’s growing and ageing population, the charity said. This latest analysis comes as the UK is forecast to face a heatwave this bank holiday weekend, with temperatures expected to reach up to 30C in some parts of the country. Yellow heat health alerts, indicatingtemperates could place vulnerable people at risk, have been issued across England by the UK Health Security Agency and the Met Office. Michelle Mitchell, the chief executive of Cancer Research UK, said it was concerning to see the rising numbers of people being diagnosed with melanoma skin cancers across the UK. The fact that most of these cases are preventable underlines the importance of people taking sun safety seriously,” Mitchell said. “Take care when the sun is strong by seeking shade, covering up and applying sunscreen and, if you notice any unusual changes to your skin, contact your GP. Whether it is a new or changing mole, a sore that doesn’t heal, or an area of your skin that looks out of the ordinary, it’s important to get it checked out. It probably won’t be cancer, but if it is, getting it diagnosed and treated early can make all the difference.” Melanoma skin cancer is the fifth most common cancer in the UK, and the most common globally. Nearly nine in 10 melanoma cases in the UK are caused by overexposure to UV radiation from the sun and sunbeds. Having five or more sunburns doubles your risk of melanoma. Last year, analysis by the...
"I think you need businesses to come together with local governments and further education colleges, and you need that to happen on a regional basis so that you can understand what the skills gaps are," he said.
"I think you need businesses to come together with local governments and further education colleges, and you need that to happen on a regional basis so that you can understand what the skills gaps are," he said.