The biggest initial public offering of all time will deliver massive windfalls for Elon Musk, other SpaceX employee, and investors. In fact, shares aren’t even public yet, but Musk may have already become the world’s first trillionaire. Based on how SpaceX has traded recently on private markets, Barron’s calculated the CEO’s 6.4 billion shares are worth $830 billion. Add his $290 billon in Tesla stock, and he’s now sitting on $1.1 trillion. For now, however, the Bloomberg Billionaires Index puts Musk’s net worth at $722 billion, still plenty to make him with world’s richest person. SpaceX filed publicly for the IPO on Wednesday. A roadshow will likely kick off on June 4. Pricing would follow a week after that, with a trading debut on the Nasdaq coming on June 12 under the ticker SPCX. The rocket, satellite, and AI company is seeking to raise up to $80 billion at a valuation that could near $2 trillion. If the company surpasses $1.7 trillion after going public, it would confirm Musk’s $1 trillion net worth. The riches don’t stop there. SpaceX stock holdings owned by Chief Operating Officer Gwynne Shotwell as well as Chief Financial Officer Bret Johnsen will be worth more than $1 billion each, according to the Financial Times. SpaceX director and head of Valor Equity Partners, Antonio Gracias, owns 503 million shares that could top $70 billion in value. Another director, Luke Nosek, has a stake worth about $5 billion. Meanwhile, big investors will be rewarded for their prescient bets on SpaceX, which was started in 2002 to challenge the dominance of Boeing and Lockheed Martin in the space-launch market . Hedge fund Darsana Capital Partners first invested in SpaceX in 2019 and is such a staunch backer that 60% of its assets under management are tied up in Musk’s company, sources told the Wall Street Journal. The IPO could result in Darsana seeing paper gains on its investment above $10 billion. Similarly, hedge fund D1 Capital Partners can already tally paper gains of ...

In Brief Earlier this week, Google rolled out a completely new Search experience, foregrounding AI summaries and kicking the traditional “ten blue links” far down the page. But the sheer scale of Google Search means there are lots of edge cases that the company doesn’t seem to have considered. For instance, this is what you’ll now get if you type the word “disregard” into Google Search. Screenshot Image Credits:Screenshot Google has been catching some flack on social media for this, and it’s easy to see why. As you’ll notice, the Merriam-Webster link is still in there, but you have to scroll past a huge block of empty space. For most users, that single reply is the only thing you’ll see. And crucially, the AI response serves no conceivable value to a user searching the word “disregard.” It’s just a broken tool. For context, here is the same search in Bing, which has been less aggressive about its AI summaries. It’s not perfect, but there is some useful information to be found here. Screenshot Image Credits:Screenshot I have been a professional tech journalist for nearly fifteen years, and before today, I cannot think of a single time when a Bing search result was more valuable than the Google equivalent. There really is a first time for everything!

Cuprina ( CUPR ) announced on Friday that it plans to implement a 1-for-8 share consolidation of its Class A ordinary shares and Class B ordinary shares, effective on or around May 27, 2026. Beginning with the opening of trading on or around May 27, 2026, the company's Class A Ordinary Shares will begin trading on a post-share consolidation basis on Nasdaq under the same symbol "CUPR," but under a new CUSIP number of G2592E110. Cuprina said the objective of the share consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule and maintain its listing on the Nasdaq Capital Market. Upon the effectiveness of the share consolidation, every eight issued and outstanding Class A ordinary shares and Class B ordinary shares will automatically be converted into one issued and outstanding Class A ordinary share, par value $0.008 per share, and Class B ordinary shares, par value $0.008 per share, respectively. “This action is an important step toward maintaining our Nasdaq listing and enhancing the company's long-term financial flexibility,” said Cuprina Chief Executive Officer David Quek . More on Cuprina Holdings (Cayman) Limited Financial information for Cuprina Holdings (Cayman) Limited

Michael Parekh said in exclusive interview with Stocktwits that Nvidia’s stock reaction indicates investor rotation into upcoming AI IPOs rather than concerns about the company’s fundamentals. NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. (Photo by Mustafa Yalcin/Anadolu via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... In an exclusive interview with Stocktwits, former Goldman Sachs executive Michael Parekh said investor focus is shifting toward upcoming AI IPOs including SpaceX, OpenAI and Anthropic. Parekh compared Nvidia’s muted stock reaction to the Apollo missions, stating that the market has already priced in the company’s strong growth narrative. He added that Nvidia’s valuation still looks attractive relative to its growth rate and highlighted the upcoming Vera Rubin chip rollout as a future catalyst. Nvidia (NVDA) shares extended loses in midday trade on Friday, slipping lower even as the stock market hit new record highs on Friday despite posting one of its strongest earnings report, with former Goldman Sachs partner Michael Parekh pointing to the upcoming initial public offerings (IPOs) of SpaceX (SPCX), OpenAI and Anthropic as the reason why the stock doesn’t have “oomph.” “There are three, not one, but three mega AI IPOs lined up. SpaceX just filed — June 12, they want to raise $80 billion. OpenAI just yesterday said they’ll go in September. Anthropic is October, probably,” Parekh, who is also the founder of the AI: Reset to Zero Substack, told Stocktwits in an exclusive interview with Michele Steele. “And one of the places to make room, because you’ve made money on Nvidia, is Nvidia.” Read Next Loading... Loading... That may be one driver as to why Nvidia doesn't have that much oomp...

Exclusive: Former Goldman Sachs executive says NVDA stock lacks 'oomph' because SpaceX, OpenAI, Anthropic mega-IPOs are stealing the thunder MSN

EXCLUSIVE: Former Goldman Sachs Executive Says NVDA Stock Lacks 'Oomph' Because SpaceX, OpenAI, Anthropic Mega-IPOs Are Stealing The Thunder Yahoo Finance

QQQ Is up 0.9% Today, on QCOM Stock Price Movement Moomoo

Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns Did the Pentagon just back down amid pressure from China? It appears so. As we reported Thursday, China has been actively holding up a proposed visit by Elbridge Colby , the Pentagon's under-secretary of defense for policy . The move is a transparent effort to pressure President Trump over a looming $14 billion weapons package for Taiwan . Sources familiar with the talks told the Financial Times that Beijing signaled it "cannot approve a visit until Trump decides how he will proceed with the arms package." Later the same day, Acting Navy Secretary Hung Cao revealed that the US is indeed pausing the $14BN arms sale in question, though he framed the move as due to the Trump administration's war with Iran . He said this was to make sure there's plenty of missile supply and interceptors to execute the war, especially in the scenario that a full aerial bombing operation is renewed. via AFP Addressing a Senate Appropriations Defense Subcommittee hearing, Cao sought to assure that the US still has "plenty” of missiles and interceptors, amid growing concerns from officials. "Right now we’re doing a pause in order to make sure we have the munitions we need for Epic Fury - which we have plenty," Cao told Sen. Mitch McConnell. "We’re just making sure we have everything, but then the foreign military sales will continue when the administration deems necessary." McConnell pressed Cao further on the arms sale to Taiwanto which the acting Navy chief responded that it would be up to Pete Hegseth, to which the Republican Senator from Kentucky replied, "Yeah, that’s what’s really distressing . " While the administration is trying to frame all of this as more out of caution over Iran war supplies, The Hill points out that President Trump had already situated it within dealings with Xi and China : Cao's remarks appear to contradict President Trump’s stated reason for the pause; last week he ...

$QQQ stock has risen 0.9% today, according to our price data from Polygon. It has been bolstered by QCOM stock rising 12.0%. Here are some of the largest contributors to QQQ's gains: $AMD (3.1% of QQQ holdings) has risen 4.8% $AAPL (7.3%) has risen 1.6% $QCOM (1.0%) has risen 12.0% $TSLA (3.4%) has risen 2.7% $TXN (1.3%) has risen 4.8% $INTC (2.6%) has risen 2.1% $CSCO (2.1%) has risen 1.9% $KLAC (1.1%) has risen 3.1% $ADI (0.9%) has risen 3.3% $LRCX (1.6%) has risen 1.9% You can track more data on $QQQ on Quiver Quantitative's $QQQ data dashboard. EARLY ACCESS Receive QQQ Data Alerts Real-time alerts on filings, insider trades, and market signals — before everyone else. Get Alerts → $QCOM Insider Trading Activity $QCOM insiders have traded $QCOM stock on the open market 63 times in the past 6 months. Of those trades, 0 have been purchases and 63 have been sales. Here’s a breakdown of recent trading of $QCOM stock by insiders over the last 6 months: AKASH J. PALKHIWALA (EVP, CFO & COO) has made 0 purchases and 47 sales selling 26,704 shares for an estimated $4,420,564 . . CRISTIANO R AMON (President & CEO) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $3,650,000 . . ALEXANDER H ROGERS (EVP, Pres QTL & Global Affairs) has made 0 purchases and 3 sales selling 15,917 shares for an estimated $2,833,330 . . ANN C CHAPLIN (EVP, GenCounsel&CorpSecretary) has made 0 purchases and 3 sales selling 7,180 shares for an estimated $1,278,237 . . HEATHER S ACE (EVP, Chief HR Officer) has made 0 purchases and 2 sales selling 6,400 shares for an estimated $1,007,424 . . PATRICIA Y GRECH (SVP, Chief Accounting Officer) has made 0 purchases and 6 sales selling 2,403 shares for an estimated $405,599. To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint. $QCOM Analyst Ratings Wall Street analysts have issued rep...

The argument that a cryptocurrency is like having a "Swiss bank account in your pocket" has been kicking around crypto for more than a decade now, first as a pitch for Bitcoin, and more recently, as a pitch for Zcash (ZEC 4.84%). It's certainly a catchy phrase, alluding to the supposedly higher standards of privacy afforded to individuals who use notoriously tight-lipped Swiss banks for wealth management. At its core, Zcash has much of the same supply policy as Bitcoin, and an additional set of optional privacy features. So does that mean it really could deliver on the concept of being a private bank at investors' fingertips? Privacy reinforces the scarcity thesis with this asset Actual Swiss banks haven't been fully anonymous for years, and the era of accounts with no paper trail is long gone. Plus, as Zcash is presently only accessible to most non-crypto native investors as an asset to purchase from a centralized crypto exchange, the utility of its privacy features is easy to overstate. If you buy $100 of Zcash on an exchange and then transfer it to an off-exchange wallet that keeps your transactions and balances private, there is still no hiding the fact that you initially bought the coin and transferred it. Nonetheless, if we let go of the Swiss banking narrative as being a poor fit to reality, there's an important wrinkle about the coin's supply policy here. Expand CRYPTO : ZEC Zcash Today's Change ( -4.84 %) $ -31.90 Current Price $ 627.35 Key Data Points Market Cap $10B Day's Range $ 626.67 - $ 682.56 52wk Range $ 34.50 - $ 734.96 Volume 571M Zcash's optional shielded (private) transactions hide the sender, receiver, and amounts while still letting the network verify legitimacy. As of mid-May 2026, about 31% of the circulating supply is held in shielded pools, up from 11% a year ago. Coins entering those pools tend to stay there. Presently, shielded ZEC has a lower turnover than unshielded ZEC. That tightens the asset's float well beyond what the circulating ...

It's time to consider just how much higher stocks can rise from here. JPMorgan Private Bank sees a pathway for the S & P 500 to reach 9,000 by the middle of next year, or about a 22% above current levels. While that's not the bank's base case, it's also a scenario that JPMorgan said is more plausible than investors currently believe. The key to unlocking those gains is higher productivity, or companies generating more sales at a lower cost, than ever before with the help of artificial intelligence. There were positive signs in the latest earnings season that AI could unlock a productivity boom for companies as businesses find more uses for AI. "The path to 9,000 extends beyond the tech sector," read a note from J.P. Morgan Private Bank's Kriti Gupta, a global investment strategist, and Nick Roberts, a portfolio manager. "It relies on broader AI adoption across sectors that increases productivity and bolsters margins across the board." Earnings growth exceeded expectations in the latest reporting season, jumping 22.6% compared with the same period a year and up 15.3% just since the fourth quarter of 2025. The stock market has now scored six straight quarters of double-digit earnings growth, for the first time since the wake of the global financial crisis. Hard to imagine To be sure, it may be hard to imagine further gains. A consensus has formed on Wall Street that the stock market, after its rapid ascent off the March lows, is due for a period of consolidation as it digests the recent gains. Bond yields around the world are rising, a spooky development that could easily weigh on economic growth by stunting consumer spending and capital investment. Central banks are monitoring the energy shock from Iran, which is raising inflation and hurting consumers by lifting gasoline prices. But the fundamentals in the stock market are supportive of further gains. In the 1990s, the stock market boomed, delivering five straight years of 20%+ returns between 1995 and 2000. That ca...

Retirees evaluating dividend funds tend to anchor on current yield, which is exactly why Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) often gets overlooked. The fund pays a distribution yield of roughly 1.6%, which looks unimpressive next to higher-yielding alternatives. Morningstar analysts have repeatedly flagged VIG as a quiet winner for retirees precisely because of that misread. ... Vanguard’s VIG Quietly Returned 247% While Investors Chased Higher Yields

The sensational title win didn’t happen by accident, it took years of dedication and planning, something the PM should note Obviously, I know that politics and football are different. One is a high-stakes endeavour that affects the lives of hundreds of millions of people, with an impact felt around the globe and down the generations – and the other is politics. I know too that there will be plenty of readers who will be like I was until nearly a couple of decades ago: cheerfully indifferent to the beautiful game, even after a week like this one, when the top prize in English football was won. But stick with me, because there are lessons to be learned from what just happened – lessons for politics, for the prime minister and for all of us. I am referring, of course, to Arsenal winning the Premier League , ending a 22-year long wait that it sometimes seemed would never end. I claim no objectivity here. I became a fan just a few years into that drought, brought into the Arsenal fraternity by my young sons . So there I was, in the crowd that instantly converged on the Emirates Stadium late on Tuesday night, Arsenal shirt and scarf on, singing loudly and beaming at strangers. Continue reading...

MF3d/iStock via Getty Images Thesis In recent years, quantum computing has increasingly been viewed by the U.S. government as one of the nation’s most important technologies, which is why there is a growing belief that it will continue receiving long-term government support. Now, with the U.S. government directly backing the sector through equity-linked funding, investors suddenly have a new variable to price in across both pure-play names like Rigetti Computing ( RGTI ) and diversified vehicles like the Defiance Quantum ETF ( QTUM ). When Uncle Sam Becomes a Venture Capitalist This week saw a major event in the quantum computing industry that was more than just your average government contract announcement. The U.S. Department of Commerce signed nine letters of intent with quantum hardware and foundry companies to deploy approximately $2 billion in CHIPS Act funding. Each company will receive federal funding on the condition that the federal government takes a minority, non-controlling equity stake in that company and acts as a funding partner rather than merely providing grants. Seeking Alpha Essentially, if you’re in Rigetti Computing or the Defiance Quantum ETF , Washington is now wedging itself directly into the equity structure like a hedge fund. Seeking Alpha International Business Machines ( IBM ) is leading the deal with a $1 billion investment, which is connected to plans to build a quantum computer chip manufacturing facility in the United States. Then there's a very large second allocation to GlobalFoundries ( GFS ), and a number of quantum companies are expected to receive the remaining amounts like Rigetti, D-Wave Quantum ( QBTS ), and Infleqtion ( INFQ ), ~$100M each, and startup Diraq ($38M). Looking back to last fall, around the same time I wrote about RGTI , Yahoo Finance reported that a source familiar with the matter said the U.S. Commerce Department was not actively discussing taking ownership stakes in quantum computing companies. Naturally, th...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Nvidia (NasdaqGS:NVDA) and Vu Technologies have launched an enterprise data visualization platform powered by Nvidia DGX Spark AI infrastructure. The platform supports real-time, AI-driven 3D microscopy for cancer research alongside scalable procedural visualization for on-premises enterprise use. The collaboration extends Nvidia's AI capabilities into healthcare-focused imaging and broader enterprise data visualization workflows. For you as an investor, this moves Nvidia beyond its familiar footing in GPUs and core data center infrastructure into practical tools for biomedical and enterprise users. The DGX Spark based platform ties Nvidia's AI hardware and software stack directly to lab and office environments, where researchers and analysts need high resolution imaging and rapid visual feedback on complex datasets. It also shows how Nvidia is positioning AI inference and visualization as a combined offering that can run locally inside customer facilities, rather than only in remote cloud setups. This development gives you more to watch in areas such as healthcare research workflows and enterprise productivity tools, in addition to chip volumes and AI training deals. Stay updated on the most important news stories for NVIDIA by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on NVIDIA. NasdaqGS:NVDA Earnings & Revenue Growth as at May 2026 4 things going right for NVIDIA that this headline doesn't cover. This partnership with Vu pushes Nvidia deeper into AI-powered visualization that sits directly on top of its DGX Spark infrastructure. For you as a shareholder, it is a reminder that Nvidia is not only selling GPUs and systems into hyperscale data centers, but is also attaching its hardware to very specific workflows, such as 3D microscopy for cancer research and on premises enterprise visualization....

芯片依旧是本轮牛市核心支柱，但 5 月市场焦点转向网络安全板块。芯片板块经历回调后逐步修复，网络安全股却逆势走强，股价接连创下历史新高。 第一信托 纳斯达克 网络安全指数 ETF 本月涨幅约 25%，表现远超安硕半导体 ETF 与科技软件板块 ETF。该指数突破去年 10 月高点后，已连续七个交易日刷新盘中纪录。 科技板块格局就此出现反转。 半导体一直是本轮牛市的中坚力量，行情驱动力依旧强劲。即便 5 月 11 日高点至 19 日低点区间回撤超 10%，半导体 ETF 年内涨幅仍接近 80%，季度涨幅超 60%。 资金迅速回流芯片赛道，但 5 月走势最强劲的科技细分领域当属网络安全。 5 月行情：网络安全股跑赢半导体与软件板块 对比整体软件行业，网络安全板块优势更为突出。软件板块 ETF5 月涨幅约 12%，自标普 500 指数 5 月 14 日见顶后走势平稳；但其年内仍累计下跌两位数，较历史收盘高点回落约两成。 尽管本月上旬云弗利股价暴跌 24%，一度冲击板块情绪，但网络安全板块并非短期反弹，已然形成领涨态势。 这支网络安全指数成分并不单一，重仓股涵盖 思科 、 谷歌 、博通等企业，业务横跨网络设备、云计算、芯片及人工智能基础设施。也侧面体现出当下网络安全产业的融合属性：兼具软件、云服务、人工智能建设以及传统企业信息化支出多重特征。 板块上涨具备坚实支撑。 CrowdStrike 连续八个交易日创下盘中新高，Palo Alto、飞塔、F5 网络、数据狗同步刷新股价纪录，老牌网络设备巨头思科也跻身上涨行列。 本轮上涨带动市值大幅攀升，5 月以来，CrowdStrike、Palo Alto、数据狗、飞塔、思科各家企业市值均增长数百亿美元。 板块内部走势分化明显：思科乐、奥克塔股价有所回弹，但距离历史高点仍有较大差距；戴纳垂斯涨幅落后行业整体；捷邦科技股价仍受制于互联网泡沫时期形成的历史压力位。 短期关键观察位为该网络安全指数 78 美元附近的前期突破区间。若站稳去年 10 月高点，网络安全板块将持续引领软件赛道；一旦失守该位置，本轮创新高行情大概率宣告终结。 责任编辑：郭明煜

Anna Moneymaker/Getty Images News Kevin Warsh was sworn in as the 17th chairman of the Federal Reserve on Friday, succeeding Jerome Powell, who led the central bank for eight years. President Donald Trump emceed the proceedings at the White House attended by many cabinet members, two Supreme Court justices, and numerous administration officials. Supreme Court Justice Clarence Thomas swore Warsh in as Fed chair and governor. "Nobody is better prepared to lead the Fed than Warsh," Trump said. "He has the deepest respect and reverence for the institution he is about to lead." Furthermore, the president said he wants Warsh to "be totally independent" in leading the central bank of the world's largest economy. Trump also discussed Warsh's intention to restore integrity to the Fed, which he claims has strayed from its core mission. During his term as Fed chair, Powell was repeatedly berated by the president, who had nominated him to succeed Janet Yellen in 2018, for not cutting interest rates enough. Warsh understands "when the economy is booming, that's a good thing," Trump said. "He wants positive economic growth," adding that growth doesn't necessarily mean inflation. The ceremony is in stark contrast to most Federal Reserve chair swearing-ins, which recently have taken place at the Fed's headquarters and are rarely attended by U.S. presidents. Trump gave a lengthy address touting his achievements and airing his usual grievances before the actual ceremony. "You're going to see numbers like you've never seen before," Trump said, in speaking about investments that are slated to be made in the U.S. "No country will see the growth that we will experience, that we're already experiencing." He pointed to Eli Lilly's ( LLY ) plans to build six factories in the U.S. Warsh, though, is facing an unusual situation in that his predecessor is remaining on the board of governors while the Inspector General of the Fed continues an investigation into Powell's handling of renovations a...

格隆汇5月23日｜凯文·沃什当地时间22日在华盛顿宣誓就任新一任美国联邦储备委员会主席。

Su confirmed that CPU supply is currently constrained, as no one in the chip industry had foreseen such a surge in demand. Lisa Su speaks onstage during the 2024 A Year in TIME dinner at Current at Chelsea Piers on December 11, 2024, in New York City. (Photo by Noam Galai/Getty Images for TIME) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... The AMD CEO attributed the increase in CPU demand to growing adoption of AI inference and agentic AI workloads, noting that demand in the segment remains very strong. She added that CPU demand has far exceeded expectations from a year ago, driven by widespread capacity constraints that are being resolved quickly. Su said during an interview earlier this month that the AI industry is still in its early innings, noting that businesses are realizing the rewards of artificial intelligence. Advanced Micro Devices Inc. (AMD) soared past $750 billion in market capitalization for the first time in history after the stock’s 120% rally this year so far. Source: Koyfin Read Next Loading... Loading... According to a report by Nikkei Asia, AMD CEO Lisa Su said on Friday that she expects the central processing unit (CPU) market to grow 35% annually over the next five years, thanks to AI demand. AMD shares were up nearly 5% in Friday’s opening trade. AMD’s Su Confirms CPU Supplies Are Constrained Su confirmed that CPU supply is constrained right now, since no one in the chip industry had foreseen such a surge in demand. “For the last three or four years, the CPU market has not grown very much. It was growing at maybe 3% to 4%, and all of the focus was on GPUs (graphic processing units),” she told reporters at the Commonwealth Magazine in Taipei. Su attributed the increase in CPU demand to growing adoption of AI inference and agentic AI workloads, noting that demand in the segment remains very strong. “Today the overal...

AMD’s Market Cap Soars Past $750B For First Time — CEO Lisa Su Expects CPU Market To Grow 35% Annually Over Next 5 Years Yahoo Finance

Central African countries have no plans to devalue their common currency despite economic pressure caused by weak growth and low foreign-exchange reserves, according to Bank of Central African States Governor Yvon Sana Bangui. “Such an option is inconceivable, as the stability of the CFA franc, pegged to the euro, remains a cornerstone of CEMAC’s monetary policy,” he said in emailed comments to Bloomberg News, referring to the Economic and Monetary Community of Central Africa. “No major economic factor exists that would justify altering its parity.” Earlier this month, Citigroup Inc. urged the central African bloc to consider devaluing its currency, which is pegged to the euro, in order to boost economic growth and keep reserves from eroding. The US bank said such a move would also help address other economic challenges, including elevated debt levels. Read: Citigroup Urges CFA Devaluation to Spur Growth in Central Africa The six-member bloc — composed of Cameroon, Gabon, Republic of Congo, Equatorial Guinea, Chad and Central African Republic — uses the Central African CFA franc. The regional currency is pegged to the euro and trades at about 655.96. Bangui said the challenges faced in the region are structural and not related to the exchange rate. That includes dependence on raw materials, persistent infrastructure gaps, the limited size of domestic markets, the investment climate, governance and public-policy challenges, he added. “No devaluation can by itself create competitive industrial capacity or diversify an economy. The solutions required are fundamentally structural rather than monetary,” Bangui said. “Adjusting the CFA franc’s parity would not address the underlying causes of the economic difficulties confronting the CEMAC region.” The last devaluation in 1994 triggered inflation of 30% to 45%, provoked social unrest and failed to deliver any lasting industrial or economic transformation. Bangui said a repeat of such a policy would “expose” the region’s p...

凯文·沃什宣誓，就任美联储第17任主席。 沃什在就职仪式上表示：重新担任美国担任公职，是我一生的荣幸。 未来数年，（我）能给美国带来无与伦比的繁荣。 凭借独立性和决心，能够压低美国的通胀率。 我将领导一个以改革为导向的美联储。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

Market downturns typically tag new central-bank leaders. And Warsh faces a tough choice between crushing demand or saving the bull market.

The booming artificial intelligence (AI) market just gained another feather in its cap, after reports confirmed, late yesterday, that Microsoft MSFT is in advanced talks to supply its custom Maia AI chips to Anthropic. As AI-driven growth continues to fuel strong gains across the technology sector, this latest development puts the spotlight on technology exchange-traded funds (ETFs), particularly those with significant exposure to Microsoft, as an attractive way for investors to participate in the ongoing AI boom. However, before increasing exposure, investors should look beyond the immediate hype. The real opportunity lies in understanding how this deal could reshape the broader technology ecosystem and how aggressively Microsoft is expanding its AI footprint across multiple fronts. Together, these developments strengthen the case for focusing on diversified technology ETFs as the corporate world increasingly pivots toward custom silicon. A Closer Look at the Anthropic-Microsoft Partnership While a final agreement has not yet been signed, sources indicate Anthropic is negotiating to use Microsoft’s second-generation Maia 200 AI chips to power its Claude models. This would be a major win for Microsoft, which has lagged its rivals like Amazon and Google in offering custom AI silicon to external clients. Winning Anthropic as a customer would validate Microsoft's custom silicon strategy after initial development delays, while giving the startup an alternative to Nvidia's expensive, supply-constrained GPUs. This latest development builds on an already established financial alliance between MSFT and the AI startup. Last year, Microsoft announced a $5 billion investment in Anthropic, alongside a major agreement under which the startup committed to spending $30 billion on Azure cloud services over the duration of the partnership. This expanding alliance is expected to ripple across the tech industry. By integrating custom chips into its infrastructure, the partnership is a...

Shares of NVIDIA NVDA slipped around 1.6% in after-hours trading on May 20, 2026 (as cited in BBC), as investors appeared unimpressed despite the AI giant delivering better-than-expected first-quarter fiscal 2027 results. The company also unveiled a sharp increase in its quarterly dividend to 25 cents per share. As NVDA continues to lead the AI landscape and hold its position as the world’s most valuable company by market value, this pullback in its share price might entice investors to increase their exposure in this stock right away. NVIDIA is entirely dependent on Taiwan Semiconductor to physically fabricate its Blackwell and upcoming Rubin architecture chips. Any escalation in geopolitical tensions surrounding Taiwan could instantly paralyze Nvidia's supply chain. Nevertheless, the company is undoubtedly a central player in the AI industry, with its short-term average price target of $276.46 implying a solid 23.7% upside from the last closing price of $223.47. Against this backdrop, investors seeking to capitalize on the AI giant’s strong price momentum while mitigating company-specific risks may consider adding exchange-traded funds (ETFs) with significant exposure to NVDA to their portfolios. But before diving into these ETFs, let us check NVDA’s overall performance in the first quarter of fiscal 2027, in terms of other metrics. NVDA’s Q1 Results NVIDIA’s fiscal first-quarter earnings beat the Zacks consensus estimate by 5.7%, while its revenues beat the consensus mark by 3.6%. The company posted record revenues worth $81.6 billion, which surged 85% year over year. Its data Center revenues went up 92% year over year, driven by sustained strength in Blackwell architecture and strong demand for its GB300NVL72. NVIDIA AI infrastructure is now deployed across nearly 40 countries, representing $50 trillion in GDP, backed by the accelerating build-out of AI factories. The company’s physical AI is also gaining momentum, with this business having exceeded $9 billion i...

Shares of NVIDIA NVDA slipped around 1.6% in after-hours trading on May 20, 2026 (as cited in BBC), as investors appeared unimpressed despite the AI giant delivering better-than-expected first-quarter fiscal 2027 results. The company also unveiled a sharp increase in its quarterly dividend to 25 cents per share. As NVDA continues to lead the AI landscape and hold its position as the world’s most valuable company by market value, this pullback in its share price might entice investors to increase their exposure in this stock right away. NVIDIA is entirely dependent on Taiwan Semiconductor to physically fabricate its Blackwell and upcoming Rubin architecture chips. Any escalation in geopolitical tensions surrounding Taiwan could instantly paralyze Nvidia's supply chain. Nevertheless, the company is undoubtedly a central player in the AI industry, with its short-term average price target of $276.46 implying a solid 23.7% upside from the last closing price of $223.47. Against this backdrop, investors seeking to capitalize on the AI giant’s strong price momentum while mitigating company-specific risks may consider adding exchange-traded funds (ETFs) with significant exposure to NVDA to their portfolios. But before diving into these ETFs, let us check NVDA’s overall performance in the first quarter of fiscal 2027, in terms of other metrics. NVDA’s Q1 Results NVIDIA’s fiscal first-quarter earnings beat the Zacks consensus estimate by 5.7%, while its revenues beat the consensus mark by 3.6%. The company posted record revenues worth $81.6 billion, which surged 85% year over year. Its data Center revenues went up 92% year over year, driven by sustained strength in Blackwell architecture and strong demand for its GB300NVL72. NVIDIA AI infrastructure is now deployed across nearly 40 countries, representing $50 trillion in GDP, backed by the accelerating build-out of AI factories. The company’s physical AI is also gaining momentum, with this business having exceeded $9 billion i...

北京时间5月23日凌晨，美股周五午盘继续上扬，道指上涨逾400点。标普500指数本周有望录得涨幅。投资者正在密切关注美伊谈判进展。美国总统特朗普主持凯文沃什宣誓就任美联储主席的仪式。 道指涨417.20点，涨幅为0.83%，报50702.86点；纳指涨163.22点，涨幅为0.62%，报26456.32点；标普500指数涨47.71点，涨幅为0.64%，报7493.43点。 本周迄今，标普500指数上涨0.5%，有望录得连续第八周收涨。这将是自2023年末结束的九周连涨以来最长的周度连涨纪录。 道指本周已上涨1.5%，有望实现四周内第三次周度收涨。 纳斯达克 综合指数上涨0.3%，有望在过去八周中第七次周度上涨。 本周市场波动加剧，因投资者在应对长期国债收益率的急剧上升。30年期国债收益率本周早些时候一度升至5.19%以上，达到金融危机前以来的最高水平，随后在周四回落至5.09%。 由于交易员在评估美伊战争解决方案的前景，油价也出现波动。周五，布伦特原油和西得克萨斯中质原油均上涨约2%。 美国和伊朗均表示结束战争的谈判取得了进展，但双方仍在德黑兰的浓缩铀库存以及具有重要战略意义的霍尔木兹海峡通行费问题上僵持不下。 美国国务卿卢比奥周四表示，有“良好迹象”表明达成结束冲突的协议已近在眼前，但他警告称，如果伊朗采取行动永久控制霍尔木兹海峡的航运，任何此类协议都将“不可行”。 卢比奥表示：“世界上没有人支持通行费制度。这不可能发生，也是不可接受的。”他补充道：“如果我们无法达成一个好协议，总统已明确表示他还有其他选择。”但他未详细说明。 此前不久，伊朗表示美国的最新提议使交战双方更接近和平协议。伊朗目前正在审议美方的意见，双方根据几周前伊朗提出的14点原始框架，正在持续交换信息。 Vital Knowledge创始人Adam Crisafulli在一份报告中表示：“我们对伊朗的看法与之前相同：达成协议的可能性远大于不达成协议，但这已反映在价格中，且冲突至少在未来几个季度将产生滞胀影响。” 美国总统特朗普周五主持凯文沃什宣誓就任美联储主席的仪式，让他执掌这家必须在动荡经济中前行的中央银行，而这位总统对利率有着非常具体的预期。 现年56岁的沃什将成为现代银行时代第11位美联储主席，接替任职八年的杰罗姆·鲍威尔。 鲍威尔因拒绝像特朗普希望的那样快速或大幅度降息，一直是让特朗普感...

Inflation is exposing a major divide in the US economy according to Citi Retailing and Hardlines Analyst Steven Zaccone, He joins Bloomberg Open Interest to explain why wealthy consumers keep spending while lower-income shoppers struggle with rising gas and living costs. From Walmart and BJ’s to Williams-Sonoma and AutoZone, we look at the retail winners and losers in today’s “K-shaped” economy. (Source: Bloomberg)

Earlier this week, Nutanix completed the issuance and sale of over 4.1 million shares to AMD under a stock purchase agreement, raising about US$150,000,000 in gross proceeds while analysts projected quarterly earnings of US$0.35 per share on US$686.02 million of revenue. This capital raise, paired with a cautious near-term outlook and macro-spending concerns, has heightened focus on potential dilution versus the company’s ongoing growth in support, maintenance, and subscription revenue. Next, we’ll explore how Nutanix’s recent share issuance to AMD could influence its investment narrative centered on hybrid and multi-cloud growth. We've uncovered the 10 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Nutanix Investment Narrative Recap To own Nutanix, you have to believe in its role at the center of hybrid and multi cloud deployments, with growing support, maintenance, and subscription revenue. The recent US$150,000,000 share sale to AMD adds capital but also raises near term dilution questions, especially with macro spending concerns already in focus and the upcoming earnings release viewed as a key short term catalyst. At this stage, the stock issuance does not appear to change the core long term thesis. The AMD equity investment and AI partnership look most relevant here, because they connect the dilution debate directly to Nutanix’s push into AI infrastructure on its hybrid cloud platform. While some investors are focused on the 4.1 million new shares, others may see the capital and engineering alignment with AMD as reinforcing Nutanix’s effort to win AI workloads that sit on top of its subscription model, which many view as a key driver of future support and maintenance revenue. Yet beneath the AI excitement, investors should be aware that short term revenue recognition and potential dilution risks could... Read the full narrative on Nutanix (it's free!) Nutanix's narrative projects $3.8 billion revenue and $526.1 mill...

Earlier this week, Nutanix completed the issuance and sale of over 4.1 million shares to AMD under a stock purchase agreement, raising about US$150,000,000 in gross proceeds while analysts projected quarterly earnings of US$0.35 per share on US$686.02 million of revenue. This capital raise, paired with a cautious near-term outlook and macro-spending concerns, has heightened focus on potential dilution versus the company’s ongoing growth in support, maintenance, and subscription revenue. Next, we’ll explore how Nutanix’s recent share issuance to AMD could influence its investment narrative centered on hybrid and multi-cloud growth. We've uncovered the 10 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Nutanix Investment Narrative Recap To own Nutanix, you have to believe in its role at the center of hybrid and multi cloud deployments, with growing support, maintenance, and subscription revenue. The recent US$150,000,000 share sale to AMD adds capital but also raises near term dilution questions, especially with macro spending concerns already in focus and the upcoming earnings release viewed as a key short term catalyst. At this stage, the stock issuance does not appear to change the core long term thesis. The AMD equity investment and AI partnership look most relevant here, because they connect the dilution debate directly to Nutanix’s push into AI infrastructure on its hybrid cloud platform. While some investors are focused on the 4.1 million new shares, others may see the capital and engineering alignment with AMD as reinforcing Nutanix’s effort to win AI workloads that sit on top of its subscription model, which many view as a key driver of future support and maintenance revenue. Yet beneath the AI excitement, investors should be aware that short term revenue recognition and potential dilution risks could... Read the full narrative on Nutanix (it's free!) Nutanix's narrative projects $3.8 billion revenue and $526.1 mill...