Turmoil and violence rocks state since prime minister Narendra Modi’s party claimed victory in legislative election Tensions have been high in the Indian state of West Bengal after a top political aide from Narendra Modi’s party was shot dead in the street and hundreds were arrested as violence broke out following elections this week. The prime minister’s Bharatiya Janata party (BJP) claimed victo...
Turmoil and violence rocks state since prime minister Narendra Modi’s party claimed victory in legislative election Tensions have been high in the Indian state of West Bengal after a top political aide from Narendra Modi’s party was shot dead in the street and hundreds were arrested as violence broke out following elections this week. The prime minister’s Bharatiya Janata party (BJP) claimed victory in the West Bengal elections on Monday , defeating Trinamool Congress (TMC), which had ruled over the state legislature for 15 years. Continue reading...
Mrkit99/iStock Editorial via Getty Images Scoot, the low-cost subsidiary of Singapore Airlines ( SINGY ) ( SINGF ), said Thursday it placed an order for five Airbus ( EADSF ) ( EADSY ) A320neo family aircraft and exercised options for six additional jets as it looks to grow capacity and open new routes. The narrowbody planes are scheduled for delivery starting in 2028 and will be equipped with Pra...
Mrkit99/iStock Editorial via Getty Images Scoot, the low-cost subsidiary of Singapore Airlines ( SINGY ) ( SINGF ), said Thursday it placed an order for five Airbus ( EADSF ) ( EADSY ) A320neo family aircraft and exercised options for six additional jets as it looks to grow capacity and open new routes. The narrowbody planes are scheduled for delivery starting in 2028 and will be equipped with Pratt & Whitney ( RTX ) geared turbofan engines, the airline said in a statement. Scoot said the additional aircraft will support expansion across routes within roughly five to six hours of flying time, enhancing connectivity between Singapore and destinations across Southeast Asia, North Asia, and other key markets. The move is also expected to strengthen links with the broader Singapore Airlines Group network. Chief Executive Leslie Thng said the airline anticipates continued growth in travel demand, particularly across the Asia-Pacific region in the coming years. Since the 2022–23 financial year, Scoot has introduced 25 new destinations, including secondary cities such as Chiang Rai in Thailand and Phu Quoc in Vietnam, alongside longer-haul routes like Vienna. With the latest order, Scoot’s total commitments for A320neo family aircraft rise to 20. The planes will feature single-class seating, with 186 seats on the A320neo and 236 seats on the larger A321neo, according to the company. More on Airbus SE, Singapore Airlines Limited Airbus SE (EADSY) Q1 2026 Earnings Call Transcript Airbus SE 2026 Q1 - Results - Earnings Call Presentation Boeing Is Beating Airbus Where It Matters Most AirAsia X orders 150 Airbus A220 jets in boost to struggling program Airbus set for major AirAsia A220 deal as program seeks momentum
PM Images/DigitalVision via Getty Images U.S. consumers pushed up their inflation expectations for the one-year horizon but kept their expectations unchanged farther out, according to the New York Fed's April Survey of Consumer Expectations released on Thursday. That implies that they expect the Iran war will be resolved fairly soon. Gas price growth expectations retreated from a spike in March, t...
PM Images/DigitalVision via Getty Images U.S. consumers pushed up their inflation expectations for the one-year horizon but kept their expectations unchanged farther out, according to the New York Fed's April Survey of Consumer Expectations released on Thursday. That implies that they expect the Iran war will be resolved fairly soon. Gas price growth expectations retreated from a spike in March, the report said. Median year-ago gas price growth expectations fell by 4.3 percentage points to 5.1%. Median inflation expectations rose by 0.2 pp to 3.6% at the one-year-ahead timeframe and stayed at 3.1% for the three-year-ahead horizon and at 3.0% for the five-year-ahead period. Meanwhile, labor market expectations were roughly stable in April, the New York Fed said. The mean perceived probability of losing one's job in the next 12 months rose by 0.2 pp to 14.6%, above the series' 12-month trailing average of 14.5%. The mean perceived probability of finding a job if one's current job was lost ticked up 0.1 pp to 46.0%, but remained below the 12-month trailing average of 47.1%. Expectations in household finances continue to anticipate that spending growth will outpace income growth. The median expected growth in household income edged down to 2.8% from 2.9% in April. Meanwhile, the median one-year-ahead nominal household spending growth expectations increased by 0.3 pp to 5.4%, its highest reading since July 2023. Perceptions of credit access compared to a year ago worsened, with a smaller share of households reporting it's easier to get credit and a larger share saying it's more difficult to get credit. Future expectations on credit access also deteriorated, the New York Fed said. The average perceived probability of missing a minimum debt payment over the next three months, though, declined by 0.9 pp to 11.4%, its lowest reading in more than two years. More on the US Economy U.S. Dollar Debasement: What Our Wages And GDP Are Actually Worth Policy Retreat Lifts Markets Af...
(RTTNews) - After moving higher over the two previous sessions, the major U.S. stock indexes are turning in a mixed performance during trading on Thursday. While the Nasdaq and S&P 500 have reached new record intraday highs, the narrower Dow is giving back ground.
(RTTNews) - After moving higher over the two previous sessions, the major U.S. stock indexes are turning in a mixed performance during trading on Thursday. While the Nasdaq and S&P 500 have reached new record intraday highs, the narrower Dow is giving back ground.
Dry bulk shipping is booming again. Genco CEO Eric Fabrikant joins Bloomberg Open Interest to break down why this is the strongest quarter since 2022, how slower vessel speeds are quietly tightening supply, and why rising energy demand, fueled by AI and global power needs is unexpectedly driving the coal trade higher. (Source: Bloomberg)
Dry bulk shipping is booming again. Genco CEO Eric Fabrikant joins Bloomberg Open Interest to break down why this is the strongest quarter since 2022, how slower vessel speeds are quietly tightening supply, and why rising energy demand, fueled by AI and global power needs is unexpectedly driving the coal trade higher. (Source: Bloomberg)
On Tuesday, Advanced Micro Devices, Inc. said it has locked in enough memory supply to support its rapidly expanding AI ambitions, even as rising memory costs could pressure consumer demand across PCs and gaming later this year. AMD Secures Memory Supply To Support AI Data Center Demand During AMD's first-quarter 2026 earnings call, CEO Lisa Su said the company's partnerships with major memory sup...
On Tuesday, Advanced Micro Devices, Inc. said it has locked in enough memory supply to support its rapidly expanding AI ambitions, even as rising memory costs could pressure consumer demand across PCs and gaming later this year. AMD Secures Memory Supply To Support AI Data Center Demand During AMD's first-quarter 2026 earnings call, CEO Lisa Su said the company's partnerships with major memory suppliers have positioned it well despite an increasingly constrained market. "We have secured enough s
The Australian pharmacy chain is coming to the United Kingdom. With its hectic and chaotic aesthetic, there’s no mistaking it for a Boots We’ve all been there. You feel a slight headache coming on and decide to pop into the nearest chemist to pick up some Panadol. Chances are, if you’re in Australia, it’s a Chemist Warehouse – and the experience of shopping for the cure is about to make you feel s...
The Australian pharmacy chain is coming to the United Kingdom. With its hectic and chaotic aesthetic, there’s no mistaking it for a Boots We’ve all been there. You feel a slight headache coming on and decide to pop into the nearest chemist to pick up some Panadol. Chances are, if you’re in Australia, it’s a Chemist Warehouse – and the experience of shopping for the cure is about to make you feel sicker. Outside, the stores give a hint about the chaos within. Signs scream “DISCOUNT” and “Australia’s Cheapest Chemist!!” The exteriors are painted with bright red, yellow and blue signage, and for anyone confused, enormous arrows point towards the door. Continue reading...
It’s OK to feel the loss, writes advice columnist Eleanor Gordon-Smith . The fact that you do shows the devotion and care you’re capable of My son is moving out. I’m happy for him but I’m bereft. I know “empty nest” is a cliche but it’s out of control and it’s ruining my relationship with him. It feels like grief. I’m tearful all the time. I can’t bear to look at old photos of us. I feel awkward a...
It’s OK to feel the loss, writes advice columnist Eleanor Gordon-Smith . The fact that you do shows the devotion and care you’re capable of My son is moving out. I’m happy for him but I’m bereft. I know “empty nest” is a cliche but it’s out of control and it’s ruining my relationship with him. It feels like grief. I’m tearful all the time. I can’t bear to look at old photos of us. I feel awkward around him, like I’m looking for the old connection when he was little that he’s rightly moved on from. I wasn’t a happy person before him and without him I’m afraid I’ll go back to how I was. My partner is supportive but I hide how much I’m obsessing about this because there’s only so many times she can sit through my sobbing . He’s still present and wonderful; he needs to go and live his life and I know he’ll come back. How can I stop feeling so terrible about a thing that I know is good and right and natural? Continue reading...
Beijing should adopt a more assertive approach to global cognitive warfare, Chinese scholars said, calling for more action amid a great power rivalry. The appeal was made by Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University, and Ding Zhuang, an associate research fellow at the institute, who said in a paper last week that China should improve its cognitive warfar...
Beijing should adopt a more assertive approach to global cognitive warfare, Chinese scholars said, calling for more action amid a great power rivalry. The appeal was made by Wang Wen, dean of the Chongyang Institute for Financial Studies at Renmin University, and Ding Zhuang, an associate research fellow at the institute, who said in a paper last week that China should improve its cognitive warfare system with strengthened “cognitive sovereignty”. “It is necessary to move beyond the traditional,...
Despite global condemnation over Israel’s regional wars, the shekel is at a 32-year high, giving the government something to brag about, but fueling anxiety in the vital tech industry. The shekel has soared 10% already this year to about 3 per dollar, the second-biggest increase among major currencies tracked by Bloomberg. Israel politicians have long said it shows the resilience of the local econ...
Despite global condemnation over Israel’s regional wars, the shekel is at a 32-year high, giving the government something to brag about, but fueling anxiety in the vital tech industry. The shekel has soared 10% already this year to about 3 per dollar, the second-biggest increase among major currencies tracked by Bloomberg. Israel politicians have long said it shows the resilience of the local economy. More recently, though business leaders are starting to warn their livelihoods are under threat. Avi Troub, head of the Israeli High-Tech Association, said some firms are having to relocate employees and plants abroad because it’s too expensive to hire locally. On Thursday, a lobby group for manufacturers called for an “immediate” interest-rate cut and for the government to provide an aid package to exporters. Tech executives “aren’t asking if or when to do it,” said Troub. “They are already saying ‘If I need a new junior engineer, why hire them in Israel? It’s better to recruit in the US or even in the UK.’” With estimated profit margins for most Israeli tech companies between 7% and 14%, many of those firms will face losses given the exchange-rate fluctuations, Troub said. To Gil Bufman , former chief economist for Bank Leumi, one reason for the shekel’s strength is due to increased hedging by Israeli investors. He said institutions are heavily invested in US stocks and as the market rallies, they need to increase their protection by effectively selling dollars and buying more shekel. A recent analysis by Alex Zabezhinsky , chief economist at Meitav DS Investments, highlights the impact of the S&P 500 on the currency. The data showed the pace of shekel appreciation has risen from 0.24% per 1% index spike in 2019, to 0.49% per 1% spike over the past year.
Startup Battlefield 200 applications are open, but only for three more weeks. Apply by May 27 for your shot at VC access, global visibility, TechCrunch coverage, $100K equity-free, and more opportunities for major scaling impact. Pre-Series A founders — and anyone who knows a startup worth backing — this is your reminder: the deadline is approaching fast, and the […]
Startup Battlefield 200 applications are open, but only for three more weeks. Apply by May 27 for your shot at VC access, global visibility, TechCrunch coverage, $100K equity-free, and more opportunities for major scaling impact. Pre-Series A founders — and anyone who knows a startup worth backing — this is your reminder: the deadline is approaching fast, and the […]
Samsung really captured the aesthetic of the MacBook Pro. The feel and performance, not as much. | Photo: Antonio G. Di Benedetto / The Verge II know I'm not the only person who wants a MacBook Pro for Windows: a sleek, ultra powerful, super portable machine with an excellent screen and high-quality build. Samsung's Galaxy Book6 Ultra certainly tries. It's got a beautiful screen and a nice design,...
Samsung really captured the aesthetic of the MacBook Pro. The feel and performance, not as much. | Photo: Antonio G. Di Benedetto / The Verge II know I'm not the only person who wants a MacBook Pro for Windows: a sleek, ultra powerful, super portable machine with an excellent screen and high-quality build. Samsung's Galaxy Book6 Ultra certainly tries. It's got a beautiful screen and a nice design, and it's as solidly built as laptops come. It also looks, well, almost exactly like a MacBook Pro, to the point where I occasionally use the wrong keyboard shortcuts out of habit. Other Windows laptops have at times incorporated some MacBook design influences, but the Galaxy houses so many of them that it's obvious what Samsung was going for. Imitating things people want is understanda … Read the full story at The Verge.
matejmo/iStock via Getty Images The following segment was excerpted from the Alger American Asset Growth Fund Q1 2026 Commentary. Portfolio Update Western Digital Corporation ( WDC ), Nebius Group ( NBIS ), and GE Vernova Inc. ( GEV ) were among the top contributors to performance. Western Digital is a hard disk drive (HDD) storage company benefiting from rising hyperscaler data-center investment ...
matejmo/iStock via Getty Images The following segment was excerpted from the Alger American Asset Growth Fund Q1 2026 Commentary. Portfolio Update Western Digital Corporation ( WDC ), Nebius Group ( NBIS ), and GE Vernova Inc. ( GEV ) were among the top contributors to performance. Western Digital is a hard disk drive (HDD) storage company benefiting from rising hyperscaler data-center investment and the continued proliferation of data. The HDD industry is highly consolidated, with only two scaled manufacturers, and Western Digital holds a leading market position. The business has structurally shifted toward cloud customers as consumer exposure has declined, with cloud representing the majority of Western Digital's revenue. Importantly, industry participants have emphasized capital discipline—prioritizing higher areal density (i.e., more terabytes per drive) rather than adding significant unit capacity—which supports a healthier supply/demand balance and improved profitability. During the quarter, shares contributed positively to performance after the company delivered strong fiscal second-quarter results highlighted by robust revenue growth, record gross margins, and favorable pricing dynamics in a tightly supplied market. Notably, the company's full-year production capacity is committed under long-term agreements, providing strong revenue visibility. We believe Western Digital's leadership in high-capacity drive technology and its essential role within the AI data infrastructure ecosystem support a durable long-term growth trajectory. Nebius Group is a specialized AI infrastructure company that provides a full-stack platform, including GPU-accelerated cloud computing, to help enterprises build, train, and deploy large-scale artificial intelligence models. The company has positioned itself as a leading next-generation cloud provider purpose-built for machine learning and high-performance computing workloads. We believe the company is anchored by its vertically inte...
When most people think of Social Security, they think of the benefits available to workers and possibly their spouses. Some might also think about disabled workers and their spouses, for whom Social Security checks can be a lifeline during a difficult time. But these aren't the only people who are eligible for checks. Three other groups can also qualify for Social Security benefits in some circums...
When most people think of Social Security, they think of the benefits available to workers and possibly their spouses. Some might also think about disabled workers and their spouses, for whom Social Security checks can be a lifeline during a difficult time. But these aren't the only people who are eligible for checks. Three other groups can also qualify for Social Security benefits in some circumstances. Image source: Getty Images. Continue reading
Tantalus Systems Holding Inc. press release ( GRID:CA ): Q1 GAAP EPS of -$0.01. Revenue of $15.09M (+26.8% Y/Y). More on Tantalus Systems Holding Inc. Tantalus Systems Holding Inc. (GRID:CA) Discusses Record Revenue and EBITDA Growth in Q4 and Year-End Results Overview Transcript Tantalus Systems Holding Inc. (GRID:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Tantalus Systems ...
Tantalus Systems Holding Inc. press release ( GRID:CA ): Q1 GAAP EPS of -$0.01. Revenue of $15.09M (+26.8% Y/Y). More on Tantalus Systems Holding Inc. Tantalus Systems Holding Inc. (GRID:CA) Discusses Record Revenue and EBITDA Growth in Q4 and Year-End Results Overview Transcript Tantalus Systems Holding Inc. (GRID:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Tantalus Systems Holding Inc. Financial information for Tantalus Systems Holding Inc.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraShort Bloomberg Crude Oil, which added 29,650,000 units, or a 20.1% increase week over week. And on a percentage change basis, th
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraShort Bloomberg Crude Oil, which added 29,650,000 units, or a 20.1% increase week over week. And on a percentage change basis, th
Cerence Inc. (NASDAQ:CRNC) is one of the best AI stocks under $50 to buy right now. On April 8, Cerence expanded its partnership with BYD, the world’s leading new-energy vehicle manufacturer, to deploy next-gen, LLM-powered in-car AI assistants. Using the Cerence xUI agentic platform, BYD will introduce these intelligent experiences across its global vehicle lineup […]
Cerence Inc. (NASDAQ:CRNC) is one of the best AI stocks under $50 to buy right now. On April 8, Cerence expanded its partnership with BYD, the world’s leading new-energy vehicle manufacturer, to deploy next-gen, LLM-powered in-car AI assistants. Using the Cerence xUI agentic platform, BYD will introduce these intelligent experiences across its global vehicle lineup […]
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the GraniteShares 2x Short NVDA Daily ETF, where 8,520,000 units were destroyed, or a 37.1% decrease week over week. And on a percentage chan
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the GraniteShares 2x Short NVDA Daily ETF, where 8,520,000 units were destroyed, or a 37.1% decrease week over week. And on a percentage chan
Bernstein Private Wealth CIO Alex Chaloff says the market’s explosive earnings growth is being fueled by trillion-dollar AI spending from hyperscalers. But while AI may drive productivity and IPO demand, he warns the labor market could be the weak spot as companies increasingly ask what jobs AI can replace. (Source: Bloomberg)
Bernstein Private Wealth CIO Alex Chaloff says the market’s explosive earnings growth is being fueled by trillion-dollar AI spending from hyperscalers. But while AI may drive productivity and IPO demand, he warns the labor market could be the weak spot as companies increasingly ask what jobs AI can replace. (Source: Bloomberg)