(RTTNews) - Indian shares are seen opening lower on Friday following mixed cues from global markets. Geopolitical tensions returned to the fore as efforts to resolve the Iran war face a stalemate.
(RTTNews) - Indian shares are seen opening lower on Friday following mixed cues from global markets. Geopolitical tensions returned to the fore as efforts to resolve the Iran war face a stalemate.
photosoup/iStock via Getty Images Investment overview I wrote about Siemens Energy ( SMEGF ) previously with a strong buy rating, as I believed fundamentals were very solid, wherein management has revised FY28 guidance upward. About 6 months later today, I still believe the stock remains a strong buy. GT is now becoming the biggest growth driver for the business; GS continues to show strong demand...
photosoup/iStock via Getty Images Investment overview I wrote about Siemens Energy ( SMEGF ) previously with a strong buy rating, as I believed fundamentals were very solid, wherein management has revised FY28 guidance upward. About 6 months later today, I still believe the stock remains a strong buy. GT is now becoming the biggest growth driver for the business; GS continues to show strong demand and better booked margins, and cash generation is strong enough for management to accelerate buybacks again. In my view, this is becoming a much stronger earnings and capital returns story. 2Q26 earnings For context, SMEGF has already pre-released its results a few weeks ago, and yesterday was the official release of the Q2 2026 results. As a recap, revenue saw EUR10.3 billion, up 8.9% y/y on a comparable basis, with growth across all segments. Orders touched a record of EUR17.7 billion, and backlog rose to a record EUR154 billion. By segments, Gas Services [GS] revenue was up 15% y/y to EUR3.5 billion on a comparable basis, wherein growth came mainly from the new-units business, while service revenue was slightly below vs. last year. Grid Technologies [GT] revenue was up 12.3% y/y to EUR3.1 billion, driven mainly by switchgear and transformer demand. Transformation of Industry [TI] revenue was up 5.4% y/y to EUR1.4 billion, while Siemens Gamesa [SGRE] revenue was basically flat y/y at EUR2.5 billion. Profit metrics came in really strong too. Profit before special items came in at EUR1.16 billion, with margins up ~220bps y/y to 11.3%. This was supported by GS’s EUR5 52 million; GT’s EUR 524 million; TI’s EUR 171 million; and SGRE’s lower losses of -EUR44 million. For free cash flow pre-tax, this was up a significant amount from ~EUR1.39 billion to ~EUR1.98 billion. GT is now the biggest upside driver I used to think GS was the biggest driver to SMEGF’s equity story, but after looking at Q2 developments, I believe GT is now the most bullish part of the narrative. The number...
OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure scarce computing power to meet surging AI demand. OpenAI’s recent $122 billion round has given the company “a lot of optionality,” Friar told Bloomberg TV in an interview, but added that futur...
OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure scarce computing power to meet surging AI demand. OpenAI’s recent $122 billion round has given the company “a lot of optionality,” Friar told Bloomberg TV in an interview, but added that future fundraising will depend on demand, revenue growth, cash flow and the gap between the computing power OpenAI needs and what it can afford. She also said public markets could be an attractive fundraising avenue over time because they are “significantly bigger” than private markets and could allow the company to tap a wider range of financing options. The comments highlight the central tension facing OpenAI and the broader artificial intelligence boom: Demand for its products is accelerating , but the infrastructure needed to support that growth remains scarce and expensive. Friar said OpenAI has more than 900 million weekly active ChatGPT users, its software engineering product Codex has surpassed 4 million users, and computing power remains a “huge competitive advantage” in a market where “there’s not a lot of compute in 2026.” “We’re going up a vertical wall of demand,” Friar said. She added that OpenAI’s enterprise sales team is “run ragged” by customers asking how to transform their businesses with AI, while banks are prioritizing the company’s cybersecurity model. Asked about a strained partnership with Apple Inc. and possible legal action, Friar said OpenAI wants to make the relationship work but declined to comment on litigation. Read More: Apple-OpenAI Alliance Frays, Setting Up Possible Legal Fight (2)
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, S...
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Tru
Researchers Theorize That Our Brains Are Building The Universe Authored by Steve Watson via Modernity.news, Developments in quantum physics and consciousness research are prompting scientists to reconsider the fundamental nature of reality. Several recent discussions highlight theories proposing that conscious experience may play a far more fundamental role than previously thought — potentially ge...
Researchers Theorize That Our Brains Are Building The Universe Authored by Steve Watson via Modernity.news, Developments in quantum physics and consciousness research are prompting scientists to reconsider the fundamental nature of reality. Several recent discussions highlight theories proposing that conscious experience may play a far more fundamental role than previously thought — potentially generating space-time itself. Popular Mechanics covered a provocative theory suggesting consciousness could be foundational. A bold theory suggests that consciousness generates space—meaning reality isn’t what it seems. Read the full story at the link below. 🔗: https://t.co/qEVnaL3yRL pic.twitter.com/EAKK5onbhA — Popular Mechanics (@PopMech) May 12, 2026 The full piece explores a 2025 paper by Uppsala University professor of materials science Maria Strømme, published in AIP Advances. Her model proposes consciousness as a universal, omnipresent awareness serving as a foundational field from which physical reality emerges. Strømme argues that “in the beginning, it was consciousness. Not individual minds, but something omnipresent, awareness itself. The universe—space, time, matter, stars, galaxies, our own sun, and distant worlds like Neptune—came later. Or rather, according to [this] controversial new theory, it came from that underlying form of awareness.” The theory reinterprets the Big Bang not as the origin of matter but as the differentiation of a unified field of awareness into the structured world of space, time, and matter. It draws on quantum field theory, emergence, symmetry breaking, and non-dual philosophy to suggest that the separation between mind and matter may not be fundamental. Your Brain Is the Architect of the Universe — And Your Consciousness Shapes Reality https://t.co/20wYVWtXo5 — Paul Quibell-smith 🔶 (@QuibellPaul) May 12, 2026 New Scientist described a broader shift: “The idea that everything that exists can be built from the bottom up has long held sw...