When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works A week ago, AMD released the second driver update of May in the form of Adrenalin Edition 26.5.2. Now, the company has a brand-new release available, but you will find that this one has the same version number. The difference here is that this version of the AMD Software: Adrenalin Edition 26.5.2 driver is only aimed at a couple of generations of graphics cards from its past: Polaris and Vega. It doesn't look like the driver doesn't carry any of the new game support features or fixed issues from the last version. Instead, a single bug fix is included, and it's aimed at a crash that's affecting Apex Legends players that are using Radeon RX 400 and RX 500 series graphics cards. Here's the full changelog: Fixed Issues Intermittent application crash may be observed while playing Apex Legends on Radeon RX 400/500 series graphics products. No known issues are listed in this release. AMD officially stopped supporting Polaris and Vega graphics architectures in 2023, but has been releasing driver updates once in a while to fix critical issues. This version of the Adrenalin Edition 26.5.2 is supported on Radeon RX 400, RX 500, Radeon Pro Duo, RX Vega, and Radeon VII discrete cards alongside Radeon 600 Series Graphics on laptops. The compatible operating systems are Windows 10 64-bit version 1809 and later as well as Windows 11 version 21H2 and later. The AMD Software: Adrenalin Edition 26.5.2 for Polaris & Vega driver is now available for download from the AMD Software app on supported devices. A standalone download link can also be found on the official changelog page of the release over here. The first release of this driver, with support for modern Radeon graphics cards, can be found over here instead.

The music industry risks becoming a more hostile place for working-class artists, musicians including Tinie Tempah and Skye Newman have said. Without work to save small music venues that act as cradles to nascent music scenes – as well as specific efforts to find and promote talent from diverse backgrounds – the industry is likely to miss out on the next big thing, they argued. “If you don’t have different sort of scenes in different parts of the country, then of course your music industry is not representative,” Tinie Tempah told the Guardian on the red carpet of this year’s Ivor Novello awards for excellence in British and Irish songwriting. Newman, who grew up on council estates in south-east London and its surrounds, said the industry lacked space for working-class artists. “It’s just one of them things, it’s this world. I do understand it takes a lot of money to go into this job, and people don’t realise that. It takes a team and it costs a lot, so I do see why it’s harder for us. “But that is not a fair thing, and there should be more things implemented to help people like us – more programmes to find talent in places where they’re struggling and need it. Because, at the end of the day, we need it. We need it. This changed my life.” Newman has spoken passionately in the past about wanting to lower a ladder to people who come from similar backgrounds to hers. In February she told the Guardian: “There could be so much more love and education put into people who have less because there is so much knowledge in those places; there’s so much talent but they don’t get the same opportunities.” View image in fullscreen Skye Newman at the Ivor Novello awards on Thursday. Photograph: Ian West/PA Tinie Tempah has emerged as a champion of smaller music venues in recent months. He has worked with the Save Our Scene campaign, among others. “We’re almost losing a bit of our soft power. If you think of like this tiny little island and how much music we’ve contributed to the wh...

A study of analyst recommendations at the major brokerages shows that Century Aluminum Co. (Symbol: CENX) is the #33 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index , according to Metals Channel . The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in the Metals Channel Global Mining Titans Index are not fixed, but instead variable — updating on a continuous basis to reflect the changing market environment with respect to commodity prices, government policy and market volatility. In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. CENX operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Southern Copper Corp (SCCO) which is up about 0.8% today, and Howmet Aerospace Inc (HWM) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of CENX, versus SCCO and HWM. CENX is currently trading up about 1.6% midday Thursday. Analyst Favorites of the Metals Channel Global Mining Titans Index » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

May 21 (Reuters) - Japan's Kawasaki Heavy Industries will partner with ‌Nvidia to develop solutions integrating ‌robotics with physical artificial intelligence, and will ​set up a joint development center in Silicon Valley, the Nikkei newspaper reported on Thursday. The collaboration will ‌initially focus ⁠on medical and mobility fields, with Nvidia's simulation technology ⁠to be applied to Kawasaki Heavy Industries' Corleo, a four-legged personal ​mobility robot ​under development, ​Nikkei added. As part ‌of the effort, Kawasaki Heavy Industries will open the joint development center in San Jose, California. In addition to Nvidia, Kawasaki Heavy Industries ‌will work with ​Analog Devices, Microsoft and ​Fujitsu ​at the center, Nikkei said. Nvidia ‌did not immediately respond ​to ​a Reuters request for comment. Kawasaki Heavy Industries could not immediately ​be ‌reached outside business hours. (Reporting by ​Shivangi Lahiri in Bengaluru; Editing ​by Tasim Zahid)

NASA confirmed Thursday that the Russian segment of the International Space Station has begun leaking atmosphere into space again. It's an old problem that NASA recently hoped was resolved. For more than half a decade, engineers from Roscosmos and NASA have been tracking the leak rate from a small Russian module attached to the space station that leads to a docking port. The source of these leaks, microscopic structural cracks, have been difficult to find and address. In January, NASA said that after multiple inspections and sealant applications, the pressure inside this segment, known as the PrK module, had reached a "stable configuration." The PrK module is essentially a transfer tunnel attached to the Zvezda Service Module on the Russian segment of the space station. Read full article Comments

NVIDIA Q1 Earnings Beat on Blackwell Ramp-Up, Data Center Strength The Globe and Mail

Check out the companies making the biggest moves in midday trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped more than 30%, D-Wave Quantum surged 22%, and Quantum Computing rallied 13%. IonQ gained 9%, IBM rose 7% and GlobalFoundries added 11%. Rare earth stocks — Rare earth stocks extended their rebound from a sell-off tied to concerns around export restrictions in China. USA Rare Earth rose 7% after it announced $19.3 million in funding from the U.S. Department of Energy to support pilot-scale rare earth element separation development. Critical Metals rose 3% after it signed a 15-year offtake agreement with Greenland's Tanbreez rare earth deposit. Bloom Energy — The energy company jumped more than 12% after it unveiled a partnership with Europe's Nebius , an AI cloud provider seeking to overcome power constraints in the AI infrastructure buildout. Nebius shares rose more than 16%. Deere — The agriculture equipment maker reported better-than-expected second-quarter results, with its earnings of $6.55 per share, topping the FactSet consensus estimate of $5.70 per share. It had net sales of $11.78 billion, versus also $11.54 billion expected from analysts. Deere reaffirmed its full-year net income guidance. Shares fell nearly 8%. Birkenstock — The shoemaker's stock jumped more than 17% after it said it would accelerate its stock repurchase program. CEO Oliver Reichert said recent market volatility created a "strong disconnect" between its share price and underlying fundamentals. Shares have fallen almost 30% over the past year. Spotify — Shares of the music streaming platform rose 14% after it provided a strong forecast at its first investor day since 2022. Spotify expects revenue to grow at a compound annual growth rate in the mid-teens and laid ou...

AndreyPopov/iStock via Getty Images By Jesse Norcross , Senior Sector Strategist, Real Estate How Europe's defence spending could boost logistics real estate European logistics and industrial real estate has spent the past few years looking for a new demand driver. As the pandemic e-commerce boom has normalised, tariffs have led to occupiers becoming more cautious, and with higher interest rates making speculative development more difficult, defence spending could become a new tailwind. The key point is that defence spending is set to surge in the coming years in Europe, with NATO members pledging to raise defence spending to 3.5% of GDP and another 1.5% for infrastructure by 2035, while the UK is set to raise its defence spending to 2.5% by 2027. The economic impact is already visible. In 2024, EU member states’ defence expenditure reached €343bn or 1.9% of GDP, rising for the 10 th consecutive year. For 2025, this is expected to reach €381bn, a rise of more than 11%. If all NATO member states in the EU were to reach the 3.5% target, this would increase defence spending by an extra €254bn, according to the European Defence Agency. This increased defence budget will drive demand for industrial and logistics infrastructure, particularly in countries and hubs with existing specialised facilities and capabilities. If more is spent on defence, more is produced locally, inventories are increased, and supply chains need to become more resilient. This suggests more space is needed. All in all, this could set the stage for a new tailwind for the logistics real estate asset class. While the impact will be meaningful, it is unlikely to be a game-changer for the sector. Yet in a market which is undergoing multiple shifts, that still matters. The demand story is there Defence spending is starting to have an impact. In the UK, defence manufacturers and their supply chains accounted for 3.8 million square feet of industrial and logistics leasing in 2025, around 8.5% of total leas...

Oura Health Oy , a maker of popular smart rings that track health, fitness and sleep, filed confidentially for a US initial public offering, according to a person with knowledge of the matter. Oura, which plans to go public later this year, is working with Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., Allen & Co. and Jefferies Financial Group Inc. on the IPO, said the person, who asked not to be identified while discussing a private matter. The company filed with the US Securities and Exchange Commission this week. An Oura spokesperson declined to comment. Oura is part of a resurgence in technology stock offerings this year. Elon Musk ’s SpaceX filed an IPO prospectus on Wednesday, and ChatGPT maker OpenAI is preparing to file in the coming weeks, Bloomberg News reported. Read More: Oura Ring Maker to Become $11 Billion Company With Latest Raise Oura has gained a following in recent years with consumers looking to measure their health metrics with something less cumbersome than a watch. It’s brought competition to companies such as Apple Inc. and Samsung Electronics Co., which are making their own efforts to offer new kinds of wearables. Samsung introduced a ring two years ago, and Apple is working on a range of AI-powered wearable devices. Oura, which has its main offices in San Francisco and Finland, was founded in 2013. It reached an $11 billion valuation last September with a round that raised $875 million in Series E funding, Bloomberg News reported at the time. Oura Chief Executive Officer Tom Hale said in September that the company had sold 5.5 million rings to date, up from 2.5 million sold through June 2024. The company expects revenue to reach $1.5 billion in 2026, tripling the $500 million it generated in 2024. The company’s rings sync with a smartphone app on iPhones and Android devices. Compared with smartwatches, fitness rings are still in their infancy and make up a small slice of the overall wearables market — but they are growing q...

Key Points Shiba Inu can’t be valued by its scarcity or utility. Its near-term catalysts are limited, and it faces existential challenges. 10 stocks we like better than Shiba Inu › Shiba Inu (CRYPTO: SHIB) was launched in 2020 as a parody of Dogecoin (CRYPTO: DOGE), which itself was a parody of Bitcoin (CRYPTO: BTC). It started trading at $0.00000000051 per token, set a record high of $0.00008845 in 2021, but now trades at about $0.0000057. In other words, a $1,000 investment in its market debut would have briefly blossomed to $173.4 million before shrinking back to roughly $11.2 million today. That's still an impressive return for its earliest investors, but anyone who bought Shiba Inu at its all-time high is now underwater. 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 » Should contrarian investors buy Shiba Inu today, expecting it to recover during the next crypto summer? Or should they avoid it and stick with blue chip tokens like Bitcoin instead? The bull and bear case for Shiba Inu Shiba Inu can't be mined like Bitcoin or Dogecoin. It was created as an ERC-20 token on Ethereum's (CRYPTO: ETH) blockchain, and its creators minted its entire supply of one quadrillion tokens before its market debut. They gifted over half of those tokens to Ethereum's co-founder, Vitalik Buterin, who subsequently burned most of that stake. Shiba Inu still has a circulating supply of 589.5 trillion tokens as of this writing, so it can't be valued by its scarcity. It also doesn't natively support the development of decentralized apps or other crypto assets like Ethereum, since it doesn't have its own Layer 1 (L1) blockchain. Unlike Bitcoin and Ethereum, Shiba Inu isn't supported by any spot price ETFs. The bears believe those limitations will prevent Shiba Inu from keeping pace with Bitcoin, valued by its scarcity,...

Nvidia (NVDA) remains well positioned for continued earnings growth despite investor concerns about Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.

The former boss of the collapsed investment firm London Capital & Finance (LC&F) has been imprisoned for six months for contempt of court, after admitting breaching a restraining order by selling luxury items including horse saddles and a hot tub. Michael Thomson’s actions were characterised by Judge Milne as an attack on the administration of justice. Thomson was sentenced alongside his wife, Debbie, who also admitted to the offences but whose six-month sentence was suspended for a period of two years. The couple had previously admitted to recklessly breaching a Serious Fraud Office (SFO) restraint order by receiving a £2,000 holiday refund and selling items with a combined value of almost £5,800. The former financier was already serving a suspended sentence at the time of the offences for an earlier breach, having transferred £95,000 to his wife to conceal funds from investigators, the SFO said. The assets are subject to restraint proceedings as part of an ongoing SFO investigation into suspected fraud and money laundering at LC&F. LC&F collapsed in 2019 after selling £236m of mini-bonds, which promised returns to investors of up to 8% a year. But little of the money went into safe interest-bearing investments, and instead funded speculative property developments, oil exploration in the Faroe Islands and even a helicopter bought for a company controlled by LC&F. A further £58m was paid in commission to a Brighton-based marketing company that promoted the bonds. In 2021 the government announced the details of a one-off compensation scheme for victims to supplement the existing Financial Services Compensation Scheme (FSCS). As of February 2024, the FSCS had paid out more than £173m, with £58m coming from the scheme’s usual industry funding and a further £115m from the government top-up. To date, SFO investigators have said that the Thomsons’ actions have resulted in the dissipation of more than £100,000 in assets. Paul Napper, the SFO’s head of proceeds of crime, sa...

Shares in USA Rare Earth (USAR +7.40%) rose by almost 7% as of 11 a.m. today. The rebound in the stock price, and that of its peer MP Materials (MP +9.31%), comes after a sharp sell-off tied to President Trump's visit to China. USA Rare Earth and China According to the White House, China has agreed to address shortages of key rare-earth minerals. That tends to be bearish for rare-earth stocks, as it implies an improving relationship that will lead to lower global rare-earth prices a nd undermine the strategic necessity of the U.S. securing its own domestic supply chain of rare-earth minerals, metals, and magnets. Expand NASDAQ : USAR USA Rare Earth Today's Change ( 7.40 %) $ 1.67 Current Price $ 24.24 Key Data Points Market Cap $4.9B Day's Range $ 22.82 - $ 24.91 52wk Range $ 8.00 - $ 43.98 Volume 274K Avg Vol 15M Gross Margin -4527.99 % As such, the sector declined heavily over the last week, only to start bouncing back today. The reason? The reality is that it's still critically important for the U.S. strategically to secure its own supply. While the headlines may suggest a thawing in the relationship, the reality is that China is the dominant player in the rare-earth market and can exercise its leverage at any time. A new award for USA Rare Earth That point was reiterated this morning when the company announced it had been selected for an award of $19.3 million from the Department of Energy to help it develop a "pilot-scale rare earth element ("REE") separations project advancing domestic processing capacity for materials". As readers know, USA Rare Earth has recently taken major steps to derisk its business model, including securing a supply of rare-earth materials and access to intellectual property for separation and processing. These moves are intended to advance its aim of commissioning the Round Top mine in 2028 so it can truly become a domestic mine-to-magnet rare-earth company. That's likely to happen, whatever the state of relations with China over rare ...

Key Points The U.S. still has a dire need to secure a domestic supply of rare-earth materials and magnets. A government award of funding to the company highlights its strategic importance. 10 stocks we like better than USA Rare Earth › Shares in USA Rare Earth (NASDAQ: USAR) rose by almost 7% as of 11 a.m. today. The rebound in the stock price, and that of its peer MP Materials (NYSE: MP), comes after a sharp sell-off tied to President Trump's visit to China. USA Rare Earth and China According to the White House, China has agreed to address shortages of key rare-earth minerals. That tends to be bearish for rare-earth stocks, as it implies an improving relationship that will lead to lower global rare-earth prices a nd undermine the strategic necessity of the U.S. securing its own domestic supply chain of rare-earth minerals, metals, and magnets. 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 » As such, the sector declined heavily over the last week, only to start bouncing back today. The reason? The reality is that it's still critically important for the U.S. strategically to secure its own supply. While the headlines may suggest a thawing in the relationship, the reality is that China is the dominant player in the rare-earth market and can exercise its leverage at any time. A new award for USA Rare Earth That point was reiterated this morning when the company announced it had been selected for an award of $19.3 million from the Department of Energy to help it develop a "pilot-scale rare earth element ("REE") separations project advancing domestic processing capacity for materials". As readers know, USA Rare Earth has recently taken major steps to derisk its business model, including securing a supply of rare-earth materials and access to intellectual property for separation and processing. These mo...

Acting Attorney General Todd Blanche testifies during a Senate Committee on Appropriations, Subcommittee on Commerce, Justice, Science, and Related Agencies hearing at the Dirksen Senate Office Building in Washington, DC on May 19, 2026. Nathan Posner | Anadolu | Getty Images Acting Attorney General Todd Blanche is meeting with Republican senators on Thursday morning about the Department of Justice 's controversial "lawfare" fund , as pushback grows in Congress over the idea of paying out settlements to people who attacked police during the U.S. Capitol riot in 2021. "I think it's stupid on stilts," Sen. Thom Tillis, R-N.C. , told Spectrum News in an interview about the $1.8 billion fund, which was created to settle an unrelated lawsuit by President Donald Trump against the Internal Revenue Service . The fund would purportedly compensate those who allege they were victims of prosecutorial overreach or worse by the DOJ during the Biden administration, which could include hundreds of people convicted or charged in connection with the Jan. 6, 2021, attack on the Capitol by a mob of Trump supporters. "It will invariably put us in a position where your taxpayer dollars and my taxpayers' dollars could potentially compensate someone who assaulted a police officer, admitted their guilt, got convicted, got pardoned, and now we're gonna pay them for that?" Tillis said. "That's absurd," he added. "The American people are going to reject this out of hand." U.S. Senator Thom Tillis (R-NC) speaks to reporters, after the weekly Senate Republican caucus policy luncheon at the U.S. Capitol in Washington, D.C., U.S., Jan. 28, 2026. Nathan Howard | Reuters Blanche's meeting with GOP senators came a day after Rep. Jamie Raskin, D-Md., introduced a bill that would bar federal money from being used for the DOJ's "Anti-Weaponization Fund," and after two police officers who defended the Capitol on Jan. 6 filed a lawsuit seeking to have the fund declared illegal. Democrats in Congress have ...

Silver Beech Capital's fund returned -2.0% in Q1 2026, outperforming the S&P 500, which declined 4.3%, but trailing the Russell 2000, which gained 0.9% during the period. During Q1 2026, the fund initiated a new position in Apollo Global Management (NYSE: APO ). Source . More on Apollo Global Management Why We Believe Apollo Is Misunderstood Apollo Global Management, Inc. (APO) Q1 2026 Earnings Call Transcript Apollo's Private Credit Infrastructure Is Heavily Discounted Blackstone-backed AI enterprise services firm acquires Fractional AI Apollo Global Management acquires majority stake in Noble Environmental

Key Highlights Nvidia unveiled an $80 billion share repurchase authorization, supplementing an existing $39 billion plan. Quarterly dividend increased 2,500%, jumping from $0.01 to $0.25 per share. First quarter FY2027 revenue reached $81.6 billion, representing 85% year-over-year growth. Evercore ISI draws parallels between Nvidia’s shareholder return strategy and Apple’s historical P/E expansion. Consensus rating stands at Strong Buy, with analysts targeting $283.26 per share. In what represents one of the most significant capital allocation announcements in technology sector history, Nvidia has rolled out an additional $80 billion share repurchase authorization without an expiration timeline, while simultaneously increasing its quarterly dividend payment by 2,500% — from $0.01 to $0.25 per share. NVIDIA Corporation, NVDA Shareholders on record as of June 4 will receive the enhanced dividend payment on June 26, 2026. These shareholder-friendly initiatives accompanied the company’s first quarter fiscal 2027 financial results. Total revenue registered $81.6 billion, marking an 85% increase compared to the prior year period. The data center segment delivered particularly robust performance, climbing 92% to establish a new record at $75.2 billion. Throughout the first quarter, Nvidia distributed approximately $20 billion to investors via share repurchases and dividend payments. The company maintained $38.5 billion in remaining authorization under its previous buyback framework before announcing the additional $80 billion program. For perspective: this newly authorized repurchase program exceeds the entire market capitalization of numerous S&P 500 constituent companies. Despite these shareholder-favorable developments, NVDA stock declined approximately 1% during trading. Market participants appeared more concerned with potential growth trajectory deceleration than the substantial capital return announcement. The Apple Parallel Explained Evercore ISI’s Mark Lipacis esta...

Rates hit an eight-month high but are still lower than they were a year ago.

TLDR Shares of Microsoft climbed approximately 2% following reports that Anthropic is considering leasing servers equipped with Microsoft’s proprietary Maia AI processors. According to sources referenced by The Information, discussions remain in preliminary stages with no guarantee of reaching an agreement. Securing this partnership would represent a significant milestone for Microsoft’s custom chip initiative, which encountered setbacks in the previous year. Anthropic currently utilizes specialized processors from both Amazon and Google, and seeks additional computational resources. Microsoft’s Maia 200 processor delivers enhanced performance for deploying existing AI systems compared to Nvidia solutions but lacks training capabilities for developing new models. Shares of Microsoft (MSFT) experienced an approximately 2% increase Thursday morning following a report from The Information indicating that Anthropic has entered preliminary discussions to lease server infrastructure powered by Microsoft’s proprietary Maia AI processors. Microsoft Corporation, MSFT According to the publication’s sources—two individuals with knowledge of the ongoing conversations—Anthropic is seeking additional computational capacity to accommodate rising demand for its Claude artificial intelligence models. Neither Microsoft nor Anthropic provided official statements on the matter. Prior to this development, MSFT shares had declined approximately 10% year-to-date. While the stock moderated some of its intraday advances, it maintained positive momentum throughout the trading session. The discussions are characterized as being in their infancy. No certainty exists that these conversations will culminate in a binding commercial arrangement. For Microsoft, successfully securing Anthropic as a silicon customer would mark a significant achievement. The company’s proprietary chip development program encountered scheduling challenges last year, positioning it behind rivals Google and Amazon, both ...

Ad Gr/iStock via Getty Images Artificial intelligence (AI) has been the driving force behind equity markets for some time now. Each quarter we get rosy forecasts for future revenue potential and headlines that fuel the hype train. But behind the headlines, lies the truth: AI is taking all the cash from the biggest names in the market. In fact, in just five quarters (2025 through 1Q26), Alphabet ( GOOGL ), Microsoft ( MSFT ), Meta ( META ), Amazon ( AMZN ), and Oracle ( ORCL ) burned a combined $563 billion in free cash flow (FCF). Armed with the latest data from 1Q26 filings, we update our AI Winners and Losers series to show how AI is killing the cash flows and crushing the balance sheets of the biggest AI companies. AI’s Cash Incinerator As we first noted last November, the AI race has turned cash printing machines into huge cash incinerators. Figure 1 shows the latest quarterly free cash flow figures, and the picture is clearer than it was in November 2025 and February 2026. Only Apple ( AAPL ) remains free cash flow positive. All other AI giants burned billions in cash over the trailing-twelve-months (TTM). Figure 1: TTM Free Cash Flow of the Top Spenders in the AI Race Image created by author with data from company flings Due to fiscal years, Oracle data is the TTM ended February 28, 2026. Apple data is the TTM ended March 28, 2026. All other data is TTM ended March 31, 2026 From calendar 2015 through 1Q26, each of the companies in Figure 1 generated the following cumulative FCF: Apple: $734 billion Alphabet: $259 billion Microsoft: $63 billion Meta: ($19) billion Oracle: ($182) billion Amazon: ($397) billion Figure 2 illustrates the recent decline in FCF between Apple and the rest of the AI spenders. Microsoft is particularly noteworthy. From calendar 2015-2022, Microsoft generated $174 billion cumulative FCF. From calendar 2023 through 1Q26, the company burned $111 billion in cumulative FCF. Figure 2: Cumulative FCF of AI Spenders: 2015 – 1Q26 Image created b...

The future of AI is landing in Taipei. At NVIDIA GTC Taipei at COMPUTEX, the world’s developers, researchers and industry leaders are converging to dive into the latest breakthroughs shaping every industry, covering topics spanning AI factories and scaling infrastructure to agentic and physical AI and more. Hear from NVIDIA founder and CEO Jensen Huang live on stage at Taipei Music Center on Monday, June 1, 11 a.m. Taipei time. Tune in early to catch the GTC Live at Taipei 2026 pregame show, featuring lively conversations with industry leaders about the latest innovations in AI and accelerated computing. This is the place to find all the latest — stay tuned to the blog for live updates. Thursday, May 21, 9 a.m. PT 🔗 NVIDIA Wins COMPUTEX 2026 Best Choice Awards for Innovations Spanning AI Factories, Robotics and Autonomous Vehicles NVIDIA Vera Rubin NVL72, NVIDIA Jetson Thor and NVIDIA Alpamayo were honored across four categories at Asia’s premier technology and computer trade exhibition. At this year’s COMPUTEX Best Choice Awards (BCA), NVIDIA today received honors recognizing its innovation in AI computing, integrated circuits and autonomous vehicle (AV) development. The NVIDIA Vera Rubin NVL72 rack-scale AI supercomputer won a Golden Award and the Sustainable Tech Special Award; the NVIDIA Jetson Thor platform for edge AI and robotics won a Golden Award; and the NVIDIA Alpamayo open platform for AV development won the Vehicle Technology and Smart Cockpit Category Award. Entries were evaluated on their functionality, innovation and market potential, showcased at the premier computer and technology trade exhibition. Jensen Huang, founder and CEO of NVIDIA, will deliver a keynote at COMPUTEX on Monday, June 1, at 11 a.m. Taipei time. NVIDIA Vera Rubin NVL72 Takes Home COMPUTEX Awards Securing a Golden Award and the Sustainable Tech Special Award, Vera Rubin NVL72 connects 36 NVIDIA Vera CPUs and 72 NVIDIA Rubin GPUs — unified by the sixth-generation NVIDIA NVLink Swi...

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. Hundreds of thousands of workplaces use software to monitor employees. Now, a new study has found that many of these tools share data not just with employers, but with digital advertising platforms and data brokers as well. The review was led by Stephanie Nguyen, senior fellow at Columbia Law School’s Center for Law and the Economy and former Federal Trade Commission chief technologist under Lina Khan. It examined nine workplace monitoring (or “bossware”) services and found that all of them shared some information with third-party platforms. The data ranged from names and email addresses to web history, and recipients included Facebook, Google, and Microsoft. “The striking piece of this study is that every single platform, nine of nine bossware companies, shared worker data with outside companies. Every single one,” Nguyen told The Verge in an interview. “That blew me away.” Seven of the nine platforms — Apploye, Desklog, Hubstaff, Monitask, Buddy Punch, VeriClock, and When I Work — did not immediately respond to The Verge’s requests for comment. Ciaran Hale, chief technology officer at another one of the platforms, Deputy, said in a statement that the company’s “third-party relationships are limited to trusted operational and infrastructure providers that support the delivery, security, and reliability of our platform.” Hale added that Deputy has rigorous privacy controls and that the researchers “appear to have conflated standard B2B marketing cookies found on our public-facing corporate website (such as advertising analytics) with our secure employee application.” In a statement, Nguyen responded, “We looked at the full experience a worker would have from the moment they visit deputy.com and hit ‘Log In.’ What we found is that personal information, in...

Alphabet (GOOG) Upgraded to Bullish Amid AI and Cloud Growth GuruFocus

Sage Group press release ( SGGEF ): 1H EPS of 23.7p. Total revenue increased by 11% to £1,363M. More on The Sage Group plc Historical earnings data for The Sage Group plc Dividend scorecard for The Sage Group plc Financial information for The Sage Group plc

The biggest tech companies are borrowing more than expected to fund their spending on data centers and other artificial intelligence infrastructure, and the investment-grade bond market won’t be able to accommodate all of their financing needs. Debt issuance by so-called hyperscalers, which include companies like Meta , Alphabet Inc. , and Amazon.com Inc. , will likely exceed $200 billion this year and potentially increase further in 2027, Barclays analysts said in a note on Thursday. Capital expenditures could near $1 trillion next year from $725 billion this year, increasing further to $1.2 trillion in 2028, they said. “With annual supply already passing that of Big 6 Banks, hyperscalers are starting to test the market’s depth,” the analysts, including Andrew Keches and Remy Neuhaus, wrote. “Financing markets will continue to diversify over time” to accommodate supply with issuances like data center bonds, or equity-lined financings, they added. Recent issuances by Alphabet and Amazon in overseas markets such as Japan, Canada, and Switzerland, have shown how hyperscalers have been racing to tap pools of capital around the globe to avoid overwhelming the US market. Meanwhile, their bonds have been trading with higher credit spreads - which rise when credit risks increase - when compared to the overall high-grade market, in a sign that investors are demanding higher compensation given the expected flood of bond sales. In addition to capex, hyperscalers are increasingly locking in future data-center and infrastructure capacity through leases and long-term commitments, pushing construction costs onto developers while still taking on significant future financial obligations, the analysts said. The rapid growth in equipment needs, cloud-capacity, and power commitments suggests AI-related spending is likely to rise sharply in 2027 and 2028, and as spending grows, AI funding will likely continue to take different forms, they said. Several data center bonds have already hi...

(Bloomberg) -- The biggest tech companies are borrowing more than expected to fund their spending on data centers and other artificial intelligence infrastructure, and the investment-grade bond market won’t be able to accommodate all of their financing needs. Most Read from Bloomberg Debt issuance by so-called hyperscalers, which include companies like Meta, Alphabet Inc., and Amazon.com Inc., will likely exceed $200 billion this year and potentially increase further in 2027, Barclays analysts said in a note on Thursday. Capital expenditures could near $1 trillion next year from $725 billion this year, increasing further to $1.2 trillion in 2028, they said. “With annual supply already passing that of Big 6 Banks, hyperscalers are starting to test the market’s depth,” the analysts, including Andrew Keches and Remy Neuhaus, wrote. “Financing markets will continue to diversify over time” to accommodate supply with issuances like data center bonds, or equity-lined financings, they added. Recent issuances by Alphabet and Amazon in overseas markets such as Japan, Canada, and Switzerland, have shown how hyperscalers have been racing to tap pools of capital around the globe to avoid overwhelming the US market. Meanwhile, their bonds have been trading with higher credit spreads - which rise when credit risks increase - when compared to the overall high-grade market, in a sign that investors are demanding higher compensation given the expected flood of bond sales. In addition to capex, hyperscalers are increasingly locking in future data-center and infrastructure capacity through leases and long-term commitments, pushing construction costs onto developers while still taking on significant future financial obligations, the analysts said. The rapid growth in equipment needs, cloud-capacity, and power commitments suggests AI-related spending is likely to rise sharply in 2027 and 2028, and as spending grows, AI funding will likely continue to take different forms, they said. Seve...

格隆汇5月22日｜房地美：美国上周30年期按揭贷款/抵押贷款利率6.51%，创2025年8月份以来新高，前值6.36%。

SpaceX IPO Looms Elon Musk’s SpaceX is the most highly anticipated initial public offering (IPO) in history. The blockbuster IPO will make its Nasdaq debut on June 12th, 2026, trading under the ticker SPCX. On Wednesday, SpaceX filed its IPO prospectus (S-1 filing). Below are 5 things to know about SpaceX before it goes public: 1. Total Addressable Market (TAM): From the SpaceX S-1: "We believe we have identified the largest actionable total addressable market in human history. We estimate that our quantifiable TAM is $28.5 trillion, consisting of $370 billion in Space from space-enabled solutions; $1.6 trillion in Connectivity across $870 billion in Starlink Broadband and $740 billion in Starlink Mobile as well as additional opportunities in enterprise and government; $26.5 trillion in AI across $2.4 trillion in AI infrastructure, $760 billion in consumer subscriptions, $600 billion in digital advertising, and $22.7 trillion in enterprise applications. For illustrative purposes of sizing our addressable market opportunity, we exclude China and Russia from our global estimates." Zacks Investment Research Image Source: SpaceX 2. Valuation Expectation: PolyMarket bettors expect that SpaceX’s IPO valuation will be $2.3 trillion, which would make it the largest IPO in history – by far. Zacks Investment Research Image Source: PolyMarket 3. SpaceX Has a $15 Billion/Year Side Business: Anthropic, the fastest growing AI company, has agreed to pay SpaceX $1.25 billion per month through May 2029 for AI compute capacity. 4. Tesla SpaceX Ownership: Tesla (TSLA) owns ~19 million shares of SpaceX Class A common stock valued at ~$2 billion. However, if SpaceX meets its expected valuation, the value of these shares will explode to $10 billion or more, making for a windfall gain for Elon Musk’s other company. Meanwhile, SpaceX CEO Elon Musk owns ~42% of SpaceX’s equity and will maintain firm control of the company with his 85% voting share. 5. Future Plans: SpaceX’s S-1 names severa...

格隆汇5月21日｜米其林（ML.FP）4月全球原产设备乘用车轮胎市场下滑6%，原产设备卡车轮胎市场下降1%。4月替代乘用车轮胎市场增长3%，卡车/巴士轮胎市场增长4%。

Countries at the United Nations are rewriting international tax rules in an effort to be able to tax technology giants like Alphabet and Amazon based on where their users are located rather than where they’re headquartered. A draft tax proposal seen by Bloomberg — which covers advertising, search functions, social media platforms, online gaming, cloud computing, supply of user data, and more — could significantly increase how much tax companies pay, and where. A portion of the draft treaty, referred to by the UN as a protocol and dated May 5, is due to be discussed at the UN in New York in August. Many countries in the European Union and the developing world have complained that tech companies get away with not paying taxes in jurisdictions where they don’t have employees or offices, even when they earn significant revenue from users in those countries. Several countries, including France, Italy, the UK, and Spain, have imposed digital services taxes for online advertising revenue. The US, where most of the largest tech companies are headquartered, has been critical of digital services taxes, calling them discriminatory. A proposal at the Paris-based OECD that would also reallocate taxing rights to countries where companies make their revenue has stalled because of US opposition. The US left the UN negotiations last year altogether. Unlike at the OECD, however, the UN discussions on the treaty don’t need unanimity for the measure to be approved. The draft has some protections to ensure jurisdictions where companies are headquartered continue to get some revenue. It proposes a cap on the share a source country can tax, and introduces safeguards to ensure companies aren’t double taxed. The UN is also working on a mechanism to resolve disputes between tax authorities and companies. Discussions at the UN have largely been driven by developing countries, which believe international tax rules mostly formed by developed countries ignore their concerns. The UN hopes to have...