The biggest financial story of the last decade is not what is happening on Wall Street. It is what is happening just outside of it. The most valuable companies of this generation, the ones running cloud infrastructure, satellite internet, rocket launches and a sizable chunk of artificial ...

Palantir (PLTR): One of the AI Stocks That Are About to Explode? Insider Monkey

A New Chipmaker Just Topped Micron's Return, Thanks To Nvidia - ARM Holdings (NASDAQ:ARM), iShares PHLX S Benzinga

Intro Following my recent overview of the most popular ordinary semiconductor‑focused ETFs, published just a couple of days ago, it felt natural to move on to the leveraged semiconductor funds that currently see the highest levels of trading activity. I think from the outset, it is worth emphasizing that Direxion Daily Semiconductor Bear 3X ETF ( SOXS ) and Direxion Daily Semiconductor Bull 3X ETF ( SOXL ) are not suitable for investors who lack experience with leveraged products. Semiconductors are already naturally highly volatile — 5% daily moves in individual names are fairly common — and since these funds are structured to mimic the performance of the NYSE Semiconductor Index with three‑times daily leverage, this means that even 10-15% up or down days could be taken as nothing too extraordinary. So being on the wrong side of the trade can be really painful. One reason I’m looking into these high-risk funds is purely practical: I’ve traded them occasionally, and I’ll likely use them again whenever the setup aligns with my strategy and fits my risk tolerance. And judging by their trading activity, it’s clear I’m not the only one. In fact, SOXL’s trading volumes—both in terms of shares and dollar value—exceed those of the most popular traditional ETF, VanEck Semiconductor ETF ( SMH ). Not only does SOXL outpace SMH, but it also commands the highest dollar volume of any semiconductor ETF on the market. Meanwhile, SOXS takes the top spot in terms of share turnover when looking across all leveraged and non-leveraged funds. The following screenshot lists the seven most actively traded semiconductor ETFs, sorted by share‑trading volume: Most Active Semi ETFs (VettaFi) Having used these vehicles either for hedging or for betting on strong directional moves in semis, I have to admit that I’ve never really looked deeper into how these funds actually work. When I began working on this article, I honestly knew almost nothing about how they are structurally built — their bas...

Source: Bloomberg, 0:00

The comments came amid renewed friction between Washington and Beijing over Cuba after China criticised the US charges against Castro and accused Washington of escalating pressure on Havana. “The US side should stop brandishing the sanctions stick and the judicial stick against Cuba and stop threatening force at every turn,” Chinese foreign ministry spokesman Guo Jiakun said on Thursday. Advertisement “China firmly supports Cuba in safeguarding its national sovereignty and national dignity and opposes external interference.” On Thursday, Rubio repeatedly framed Cuba as a national security concern for the United States, citing the island’s ties to Russia and China as well as the risk of instability near Florida. 00:58 Trump vows to ‘take’ Cuba as island reels from total power cut linked to oil embargo “Cuba not only has weapons that they’ve acquired from Russia and China over the years, but they also host Russian and Chinese intelligence presence in their country, not far from where we’re standing right now,” Rubio said during remarks in Homestead, south of Miami.

Ceri Breeze/iStock Editorial via Getty Images Since I last wrote about the aero-engine producer Rolls-Royce Holdings plc (OTCPK: RYCEY ) in March, its price has dropped by 11%. This is in stark contrast with the potential upside indicated by market valuations at the time, to be sure. But it is entirely in line with the broader industry trends. Consider the iShares U.S. Aerospace & Defense ETF ( ITA ), which is up by just 4% YTD, or less than half the increase seen for the S&P 500 ( SP500 ). Similar to ITA, RYCEY is also up just 5%. Price Returns (YTD): RYCEY, ITA, SP500 (Source: Seeking Alpha) Why Has The Rolls-Royce Stock Fallen? The reasons for both RYCEY's and ITA's underwhelming performance have a good reason. The US-Iran war, which has affected and further risks affecting the aviation sector disproportionately. Consider the following developments: International air passengers to the Middle East dropped by 59% YoY in March 2026, even as the global figure grew by 2.1% YoY. Brent crude oil's price has risen by 1.7x YoY, which, in turn, has spilled over into an 80% YoY increase in jet fuel prices. With fuel costs a key component across industries, the second-round effects of these increases can increase costs even further. Already, there are some signs of the impact, as core inflation saw some increase in the past month. Consultancy Oxford Economics notes that in this environment, airlines are likely to increase prices by 5-10%. It also raises the question of the extent to which costs can be passed on as demand risks slowing down. Airlines have started issuing warnings. Delta Air Lines ( DAL ), for example, has held back from an updated full-year outlook and scrapped its plans for capacity expansion. United Airlines ( UAL ) actually cut its 2026 profit outlook on account of higher fuel costs. It's no coincidence that the airlines-focused ETF, the US Global Jets ETF ( JETS ), has corrected by 5.8% YTD. Seen in this context, Rolls-Royce, whose civil aerospace segment...

Yeehaw!!! Texas is on fire when it comes to bringing enforcement actions. I recently reported that Texas is investigating Meta Glasses; now a new suit has been filed against Meta Platforms, Inc. and WhatsApp LLC. Texas Attorney General Ken Paxton filed suit against Meta Platforms, Inc. and WhatsApp LLC, alleging that the companies misled consumers about the security of their popular messaging app. The case, brought under the Texas Deceptive Trade Practices‘Consumer Protection Act (the “DTPA”), takes direct aim at one of WhatsApp’s most prominent marketing claims: that messages are protected by end-to-end encryption so strong that not even WhatsApp itself can read them. This article explains what the lawsuit alleges, what end-to-end encryption is supposed to mean, why Texas is involved, and what it could mean for the millions of Texans and roughly three billion people worldwide who use the app every day. What WhatsApp Has Promised For nearly a decade, WhatsApp has built its brand on a single core message: your conversations are private. Beneath the chat window, users see the assurance that messages are “end-to-end encrypted.” On its website, in marketing materials, and in sworn testimony to Congress, Meta has insisted that only the sender and recipient can read the contents of messages, and that “not even WhatsApp” can access them. End-to-end encryption (“E2EE”) is a real and meaningful technology. When properly implemented, a message is scrambled on the sender’s device using a cryptographic key and can only be unscrambled by the recipient’s device. The service provider, in theory, holds only encrypted gibberish. WhatsApp has long relied on the well-regarded Signal Protocol to power its encryption. What the Attorney General Alleges According to the Attorney General’s press release, “investigations and insider accounts” suggest that WhatsApp’s privacy promises do not match the reality of its operations. The Office alleges that: WhatsApp employees have been able to acc...

啟德智慧綠色集體運輸系統招標期限延長六周 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政府宣布啟德智慧綠色集體運輸系統招標期限延長六星期。 啟德智慧綠色集體運輸招標期限由7月3日延長至8月14日，運輸及物流局發言人表示，是因應多個有意投標者反映，希望有更多時間準備投標文件，考慮到啟德項目是首項本港以公開招標及「公共運輸引導發展」模式推展的智慧綠色集體運輸系統，當中涉及創新發展模式。又說樂見市場對項目反應正面，招標期限延長安排不會影響今年內批出合約和2031年完成系統的目標。

美國駐格陵蘭新領事館揭幕 數百人到場示威 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國駐格陵蘭新領事館揭幕，數百人到場示威。 網上片段見到，大批民眾到格陵蘭首府努克新的美國領事館外集會，不少人揮動格陵蘭旗幟，亦有人舉起美國總統特朗普和已故淫媒富商愛潑斯坦的合照，示威者不滿特朗普揚言要接管當地。丹麥和格陵蘭當局都未有官員出席新領事館的開幕儀式。美國駐丹麥大使豪韋里在儀式上表示，特朗普已排除使用武力接管格陵蘭，又指格陵蘭的未來，應該由當地人自己決定。

Source: Bloomberg, 0:00

發布「底線要求」：全面加強中小學校標準化建設及配備 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地為中小學基本辦學條件設「底線要求」，力爭用3年時間全面加強中小學校標準化建設及配備。 教育部、國家發改委、財政部、住房城鄉建設部四部門聯合發布《中小學基本辦學條件底線要求》，從校舍、安全防範、生活硬件、教學設施，以及教職工五方面，提出相關建設及配備要求。當中包括校舍應符合國家工程建設消防技術標準，配置有效消防和應急照明設備，學生1人1桌1椅，座椅要有靠背，學校設置學生心理輔導室，學生宿舍不能在地下室或半地下室，宿舍須配備管理員，女生宿舍要有女管理員等。教育部將有多項措施，包括加大工作力度、強化監督檢查等，以保障《底線要求》落實。

湖南石門縣遭極大暴雨侵襲 受災人口逾10萬人 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】湖南省常德市石門縣連日遭到極大暴雨洪水侵襲，受災人口逾10萬人，截至昨日已造成6人遇難，10人失蹤，當局正全力展開搜救。 湖南省常德市消防救援局副局長陳志：「部分區域因路況有限，無法實地排查全部的指定地點，在利用無人機紅外設備排查時，又受山區大霧影響，搜索範圍有限，下一步我們將繼續全力以赴，開展救援。」 石門縣6小時累計降雨量接近250毫米，24小時累計降雨量亦有359毫米，均超過當地紀錄。暴雨導致主要河流水位急劇上漲，全縣共有42座小型水庫溢洪，橋樑、道路、供水供電設施損毀嚴重。

格隆汇5月22日｜据华尔街日报：消息人士称，IMAX(IMAX.N)已接洽多家娱乐公司作为潜在买家。

【有線新聞】立法會首次全體議員7月訪問北京，參加國事研修考察。行會召集人葉劉淑儀認為比一般的國情學習層次更高，這個時間訪京，相信是要讓新議員了解國家發展。 立法會歷來首次全體組團7月到北京，參加國家事務研修考察。曾任多屆立法會議員的行會召集人葉劉淑儀認為，今年是十五五規劃開局之年，加上議會已落實愛國者治港，實現新舊交替，時機合適。 行政會議召集人、前立法會議員葉劉淑儀：「這些是年輕的新一代議員有可能成為未來治港的一份子，都應該是國家培養的人才，所有都是。所以不是普通的國情學習。國情學習我以前都去過，國家行政學院、浦東幹部學院，或者去一些大學也去過，今次是中央安排，可能去一些重要部委。趁這個機會多了解國家規劃以及對香港的影響，香港如何配合，我覺得是非常恰當。」 7日行程將拜訪港澳辦等重要機構，亦會參與專題講座，涵蓋國家五年規劃和地緣政治等，考察航天等新產業及了解中共歷程、人大立法過程等。 每人開支預算15,600元，未計隨團工作人員，90位議員合共預算超過140萬元。葉劉淑儀：「一個人在北京7日，1萬多元開支，機票3,000多元，我覺得已經很節約，當然要全體一起去，不可能只選部分去，每位議員都這麼重要，每位都是精挑細選選出來的。」 歷屆議會先後曾組團到訪內地，不過未試過上北京，前行政長官曾蔭權2005年首次率團訪問廣東，梁振英2014年就與議員到訪上海，期間會見中央官員，李家超2023年亦率領議員考察大灣區。

WhiteFiber ( WYFI ) signed a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer. The deployment will be based in the Paris region and use advanced NVIDIA GPU systems. The contract carries a total value exceeding $160M over five years. Service is expected to begin in July 2026. WhiteFiber also entered a binding term sheet for project-level financing expected to close in June 2026. More on WhiteFiber, Inc. WhiteFiber, Inc. (WYFI) Q1 2026 Earnings Call Transcript WhiteFiber: Look Past Q4 Noise For The $865M NC-1 Inflection Point WhiteFiber, Inc. (WYFI) Q4 2025 Earnings Call Transcript WhiteFibe GAAP EPS of -$0.31 misses by $0.02, revenue of $21.92M beats by $0.67M WhiteFiber jumps after BTIG initiates coverage with Buy rating

MPLX Analysis Data by YCharts I've been searching far and wide for the best master limited partnerships. The names that keep landing on my list include Enterprise Product Partners L.P. ( EPD ), Western Midstream Partners, LP ( WES ), Energy Transfer Partners LP ( ET ), and now one new name: MPLX LP ( MPLX ). This is right up there among my top picks in the entire energy sector, and here's why: MPLX gives you most of what makes Western Midstream attractive, the high starting yield and real distribution growth, without carrying the same commodity and customer-concentration risk. And it gives you what makes Enterprise a fortress, the balance sheet and the contract quality, while trading cheaper and growing faster. It sits lower on the risk curve than Western, and it offers more upside than Enterprise. That's why I think its shares are a strong buy here, despite more than doubling in price over the past 5 years, as I argue below. Cheaper and Faster Than Enterprise Metric MPLX [MPLX] Enterprise Products [EPD] Unit price $55.47 $39.23 Market cap $56.4 billion $86.0 billion Total debt $26.1 billion $34.9 billion Enterprise value $81.3 billion $120.8 billion Distribution yield (TTM) 7.53% 5.50% P/E non-GAAP (TTM) 12.35x 14.49x P/E (forward, 2026E) 12.15x 13.82x P/E (2027E) 11.26x 12.67x EV/EBITDA (forward) 11.11x 11.26x Price/Book (forward) 3.89x 2.80x EPS growth (2026E/2027E) 5.62% / 7.91% 7.47% / 9.12% SA Valuation Grade A- B- Click to enlarge Let's start with valuation, because this is where MPLX separates from the group. Units yield close to 8% and trade around 12 times earnings. Now look at Enterprise. I recently covered Enterprise and called it a blue chip, no longer a bargain . The business is excellent. When you look at the valuation, though, it's really hard to call this a buy right now. Enterprise is yielding under 6% as of writing (5.61% to be exact). That's actually not far off from many oil producers that are not master limited partnerships. As a master limited...

Elon Musk’s “Muskonomy” is growing, but it may spell trouble for Tesla. SpaceX’s pending IPO reportedly scheduled for June will double Musk’s publicly traded companies, joining Tesla as a target for investors betting on the CEO’s moonshot goals around automation and space exploration. But rather than seeing twice the opportunity to cash in on a Musk-led enterprise, investors and analysts instead see red flags for Tesla stock. “This cannot be a positive for Tesla,” Joe Gilbert, portfolio manager at Integrity Asset Management, told Bloomberg. “We believe that Musk’s focus will predominantly be lasered on SpaceX. Musk has proved to be able to balance multiple initiatives simultaneously in the past, but it feels like SpaceX is his new baby at the expense of Tesla.” Tesla has had a difficult year: It saw the company’s first full-year revenue decline in its history last year, and despite improved sales in the first three months of this year, deliveries have fallen below analysts’ expectations, and production has continued to outpace sales. Tesla did not respond to Fortune’s request for comment. Though its stock is down about 5% year-to-date, Tesla’s stock trades well above what its fundamental performance reflects, according to analysts. Musk has recently touted Tesla as less of an electric vehicle producer and more of an AI and robotics company, exemplified by his projection that 80% of the company’s total value will be represented in its humanoid Optimus robot, despite no evidence of the project’s scaling, let alone to Musk’s goal of an annual capacity of 1 million robots. SpaceX tells a different story. Among the stakeholders in conversations about putting data centers in space to scale the growth of AI, SpaceX has already shown promise of strong returns with Starlink, its satellite internet with more than 10 million subscribers, as well as its grip on the global orbital launch market, using reusable rocket boosters. The company’s IPO prospectus reveals a full-year rev...

Elon Musk’s “Muskonomy” is growing, but it may spell trouble for Tesla. SpaceX’s pending IPO reportedly scheduled for June will double Musk’s publicly traded companies, joining Tesla as a target for investors betting on the CEO’s moonshot goals around automation and space exploration. But rather than seeing twice the opportunity to cash in on a Musk-led enterprise, investors and analysts instead see red flags for Tesla stock. “This cannot be a positive for Tesla,” Joe Gilbert, portfolio manager at Integrity Asset Management, told Bloomberg. “We believe that Musk’s focus will predominantly be lasered on SpaceX. Musk has proved to be able to balance multiple initiatives simultaneously in the past, but it feels like SpaceX is his new baby at the expense of Tesla.” Tesla has had a difficult year: It saw the company’s first full-year revenue decline in its history last year, and despite improved sales in the first three months of this year, deliveries have fallen below analysts’ expectations, and production has continued to outpace sales. Tesla did not respond to Fortune’s request for comment. Though its stock is down about 5% year-to-date, Tesla’s stock trades well above what its fundamental performance reflects, according to analysts. Musk has recently touted Tesla as less of an electric vehicle producer and more of an AI and robotics company, exemplified by his projection that 80% of the company’s total value will be represented in its humanoid Optimus robot, despite no evidence of the project’s scaling, let alone to Musk’s goal of an annual capacity of 1 million robots. SpaceX tells a different story. Among the stakeholders in conversations about putting data centers in space to scale the growth of AI, SpaceX has already shown promise of strong returns with Starlink, its satellite internet with more than 10 million subscribers, as well as its grip on the global orbital launch market, using reusable rocket boosters. The company’s IPO prospectus reveals a full-year rev...

Waymo has suspended robotaxi service on freeways in San Francisco, Los Angeles, Phoenix, and Miami as it works to improve performance in construction zones, the company confirmed to TechCrunch on Thursday. Waymo said it’s in the process of integrating “recent technical learnings into our software and expect to resume these routes soon.” Waymo robotaxis are still operating on surface streets in those cities. The decision to pull robotaxis off of freeways follows Waymo’s decision to pause operations in Atlanta and San Antonio, Texas to address problems with flooding in those cities. The company announced a software recall last week that was supposed to help its fleet avoid flooded areas in San Antonio, in which service has been halted for weeks, while it worked on a more permanent fix. At least one robotaxi was spotted getting stuck in Atlanta this week, causing Waymo to suspend operations there, too. These service interruptions come as Waymo is pushing to expand to a number of new cities around the globe this year, with the goal of offering as many as one million paid rides per week at the end of 2026. Waymo is also currently testing its new Zeekr-built robotaxi, which it calls Ojai, and is expected to start offering rides in that vehicle in the coming months. Waymo started offering highway rides in late 2025. Putting its robotaxis on these higher-speed roads has been crucial to its expansion in large metro areas, as it helps the company better connect riders to local airports, and reduces ride times by skipping surface streets. In the Bay Area in particular, freeway travel has helped Waymo dramatically cut trip times across the peninsula that previously took anywhere from 45 minutes to over an hour. Waymo didn’t cite a specific incident behind its decision to suspend freeway driving this week. But the company’s robotaxis have been spotted struggling with highway construction zones. On May 19, X user @Elliot_slade posted a video claiming that his Waymo ride “blasted ...

Coinbase Global's ( COIN ) derivatives arm will launch the first perpetual-style equity index futures listed on a U.S.-regulated exchange, starting June 8, 2026, the company said Thursday. The initial offerings will include four thematic contracts tracking artificial intelligence, China, defense, and top Nasdaq companies, "giving traders capital-efficient exposure to the most ubiquitous themes in the market today," it said. The contracts' targeted themes allow focused exposure to an equity theme through a single futures contract. The perpetual-style structure is designed to keep futures prices closely aligned with the underlying index. They'll trade on a regulated U.S. futures exchange 24 hours a day with centralized liquidity, transparent price discovery, and institutional market infrastructure. And the contracts benefit from 60/40 tax treatment, potentially offering efficiencies compared with trading equities or ETFs directly, Coinbase ( COIN ) said. The contracts to be offered are: AI10 Index perpetual-style futures China10 Index perpetual-style futures Defense10 Index perpetual-style futures Tech100 Index perpetual-style futures The AI10, China10, Defense10, and Tech100 Index perpetual-style futures are cash-settled contracts with funding rates that keep futures prices closely aligned with their underlying indexes. Each contract represents 1x of their respective index, Coinbase said. Coinbase ( COIN ) stock rose 0.2% in after-hours trading. More on Coinbase Coinbase Global, Inc. (COIN) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Coinbase Global, Inc. (COIN) Q1 2026 Earnings Call Transcript Coinbase Global, Inc. 2026 Q1 - Results - Earnings Call Presentation Sen. Elizabeth Warren questions OCC over granting national trust charters to crypto companies Trump discloses $220M in trades tied to U.S. companies in Q1