Through its asset management arm, Brookfield Corp. ( BN ) has made select investments in businesses that are positioned to benefit from the rapid adoption of artificial intelligence, including a $1B direct stake in Elon Musk's SpaceX, the company disclosed in its Q1 results. It said investments include $2B of SpaceX ( SPACE ) at the current pre-IPO mark, of which ~$1B is owned by Brookfield Corp. ...
Through its asset management arm, Brookfield Corp. ( BN ) has made select investments in businesses that are positioned to benefit from the rapid adoption of artificial intelligence, including a $1B direct stake in Elon Musk's SpaceX, the company disclosed in its Q1 results. It said investments include $2B of SpaceX ( SPACE ) at the current pre-IPO mark, of which ~$1B is owned by Brookfield Corp. ( BN ); ~$500M committed to Figure, a developer of humanoid robotics; Hark Labs, a next-generation AI platform focused on personalized intelligence systems; and The Deployment Company, an AI deployment joint venture with OpenAI ( OPENAI ), to drive large-scale AI transformations for enterprise customers. Through Brookfield Asset Management ( BAM ), Brookfield Corp. ( BN ) owns about half of Pinegrove Capital, a platform focused on secondary and structured capital solutions in the technology and venture capital sector. BN has committed more than $450M to Pinegrove's strategies. As of March 31, 2026, the total amount of capital in these strategies was $6.3B, with the value of its balance sheet capital for new business investments being ~$2.3B, the company said. Of the $2.3B, 62% is through direct investments and 38% is through closed-end funds, the company said. Its asset management business targets growing its fee-related earnings and distributable earnings by 15%+ per year. Brookfield Corp.'s asset management fee-bearing capital increased by 12% over the last 12 months to $614B, resulting in growth in fee-related earnings of 11% compared with the same quarter a year ago. Brookfield Corp. ( BN ) stock rose 7.4% in Thursday morning trading. More on Brookfield Corporation, SpaceX, etc. Brookfield Corporation Is A Buy (Technical Analysis) SpaceX IPO: Accelerated S&P 500 Inclusion Could Create A Liquidity Vacuum Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan Accenture Federal Services and OpenAI partner to accelerate federal AI adoption New York and California ...
KLH49/iStock via Getty Images Student Loan Debt The New York Fed’s recently released Household Consumer Debt and Credit Report for Q1’26 showed that Federal Student Loan Debt resumed its growth trajectory, having increased by 2% over the past year to almost $1.7 trillion. New York Fed Consumer Credit Panel / Equifax Student loans had ballooned in the early part of the 21 st century, then plateaued...
KLH49/iStock via Getty Images Student Loan Debt The New York Fed’s recently released Household Consumer Debt and Credit Report for Q1’26 showed that Federal Student Loan Debt resumed its growth trajectory, having increased by 2% over the past year to almost $1.7 trillion. New York Fed Consumer Credit Panel / Equifax Student loans had ballooned in the early part of the 21 st century, then plateaued in 2020-2024 due to the pandemic and it’s after affects. The acceleration in the growth of student loans was caused by the skyrocketing cost of education, which far outstripped inflation. Since 2000, college tuition and fees have grown by 198%, more than double the 96% increase in the overall CPI. Composition of Non-Mortgage Consumer Debt Student loans are tied with auto loans as the largest segments of Total Non-Mortgage Consumer Debt, with each at 30% New York Fed Consumer Credit Panel / Equifax They are followed by credit card debt at 22%, home equity loans at 8%, and other consumer loans at 10%. The burden on student loan debt is widespread, affecting one in six adults. Presently there are 42.8 million Americans carrying a federal student loan, with an average balance of almost $40,000. Borrowers Are Not Paying Back Their Student Loans There has been a significant deterioration in the asset quality of the student loans. Borrowers are just not paying them back. Serious Delinquencies, as measured by those who have not made a payment for 90 days or more, have jumped to 10.3% of total loans outstanding. This is the highest level in six years. New York Fed Consumer Credit Panel / Equifax The reason for the spike in delinquencies has to do with the changes to loan repayment requirements that were instituted during the pandemic, as well as technical reporting provisions. In March 2020, when the economy shut down, the Department of Education ( ED ) paused student loan payments. No one was required to make a loan payment, interest accrual was suspended, and involuntary collecti...
The pharmaceutical powerhouse still faces plenty of patent challenges, but it got a big one out of the way, securing time and money to work on other profit centers.
The pharmaceutical powerhouse still faces plenty of patent challenges, but it got a big one out of the way, securing time and money to work on other profit centers.
The memory stock has achieved incredible gains, and its valuation may still not look all that expensive when factoring in its near-term growth prospects.
The memory stock has achieved incredible gains, and its valuation may still not look all that expensive when factoring in its near-term growth prospects.
Bombshell CIA Testimony: Fauci Accused Of Intentionally Burying COVID Lab-Leak Evidence Authored by Steve Watson via Modernity.news, A CIA operations officer provided explosive sworn testimony Wednesday before the Senate Homeland Security and Governmental Affairs Committee, accusing Dr. Anthony Fauci of directly intervening in the intelligence community’s review of COVID-19’s origins. James Erdman...
Bombshell CIA Testimony: Fauci Accused Of Intentionally Burying COVID Lab-Leak Evidence Authored by Steve Watson via Modernity.news, A CIA operations officer provided explosive sworn testimony Wednesday before the Senate Homeland Security and Governmental Affairs Committee, accusing Dr. Anthony Fauci of directly intervening in the intelligence community’s review of COVID-19’s origins. James Erdman III, a veteran CIA special operations officer, told senators that in August 2021 the intelligence community was on the verge of concluding the virus most likely leaked from a lab in Wuhan, China. Days later, that position reversed with no clear explanation. Erdman stated under oath: “Dr. Fauci’s role in the cover-up was intentional. Dr. Fauci influenced the analytical process and findings by leveraging his position to ensure the IC consulted with a conflicted list of curated subject matter experts, public health officials, and scientists.” BREAKING: A CIA whistleblower just testified UNDER OATH that Anthony Fauci DIRECTLY meddled with intelligence agencies to cover up the COVID lab leak. Every day that Fauci remains free is an INJUSTICE. Per the whistleblower, the CIA was on the verge of calling it a lab leak —… pic.twitter.com/V6c4Xx67zd — Nick Sortor (@nicksortor) May 13, 2026 He added that intelligence leaders “purposefully downplayed the lab origin” and “knew the virus came from Wuhan but pushed the natural origin narrative anyway.” Erdman testified that CIA scientists had circulated papers noting “all the conditions were present for a lab leak,” yet senior analysts ultimately buried or softened those assessments. Senator Rand Paul pressed Erdman on the timeline. Paul described the Biden administration’s final moves as a “clean-up operation,” noting: “Scientific analysts concluded multiple times between 2021 and 2023 that a lab leak was the most likely origin of COVID-19. Yet those conclusions never shaped the official narrative… It was not until after the 2024 electio...
Veteran broadcaster accuses channel of ‘clear violations’ of Ofcom’s due impartiality rules UK politics live – latest updates The former Sky News political editor Adam Boulton has said GB News should lose its broadcasting licence, as he accused Britain’s media regulator of failing in its duty to protect impartial television news. Boulton, who was Sky News’s political editor for 25 years after the ...
Veteran broadcaster accuses channel of ‘clear violations’ of Ofcom’s due impartiality rules UK politics live – latest updates The former Sky News political editor Adam Boulton has said GB News should lose its broadcasting licence, as he accused Britain’s media regulator of failing in its duty to protect impartial television news. Boulton, who was Sky News’s political editor for 25 years after the channel launched in 1989, said he believed it was too late to revoke GB News’s broadcasting rights, despite bringing a partisan brand of coverage to British television since its debut in 2021 . Continue reading...
Sandisk (NASDAQ: SNDK) stock is in a three-day slump. Spooked by reports that Korea might want to tax AI profits earlier in the week, Sandisk shares sold off Tuesday -- and then kept on going down. Shares of the company, which specializes in producing NAND flash memory for use in artificial intelligence, slipped another 4.3% through 10:55 a.m. ET Thursday. And there doesn't seem to be any bad news...
Sandisk (NASDAQ: SNDK) stock is in a three-day slump. Spooked by reports that Korea might want to tax AI profits earlier in the week, Sandisk shares sold off Tuesday -- and then kept on going down. Shares of the company, which specializes in producing NAND flash memory for use in artificial intelligence, slipped another 4.3% through 10:55 a.m. ET Thursday. And there doesn't seem to be any bad news to explain it. Continue reading
Exhibition of Melsonby hoard in York challenges ideas about life in northern Britain 2,000 years ago Iron age objects that tell a dramatic story of female power and which dispel the myth that northern Britain was a left-behind backwater have gone on display for the first time. The objects exhibited in York are from the Melsonby hoard, the largest trove of iron age metalwork ever found in the UK , ...
Exhibition of Melsonby hoard in York challenges ideas about life in northern Britain 2,000 years ago Iron age objects that tell a dramatic story of female power and which dispel the myth that northern Britain was a left-behind backwater have gone on display for the first time. The objects exhibited in York are from the Melsonby hoard, the largest trove of iron age metalwork ever found in the UK , which experts say could alter our understanding of life in Britain 2,000 years ago. Continue reading...
The FlexShares Global Quality Real Estate Index Fund (NYSEMKT:GQRE) carries a significantly higher expense ratio and historical drawdown than the iShares Global REIT ETF (NYSEMKT:REET) , though it may appeal to investors seeking a higher yield. Both funds provide exposure to global real estate markets, though they utilize different weighting strategies. While REET tracks a broad index of developed...
The FlexShares Global Quality Real Estate Index Fund (NYSEMKT:GQRE) carries a significantly higher expense ratio and historical drawdown than the iShares Global REIT ETF (NYSEMKT:REET) , though it may appeal to investors seeking a higher yield. Both funds provide exposure to global real estate markets, though they utilize different weighting strategies. While REET tracks a broad index of developed- and emerging-market REITs, GQRE applies a quality-focused methodology to its selection process. This comparison highlights how these different approaches impact costs, risk, and portfolio composition. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
elxeneize/iStock via Getty Images Camden Property Trust ( CPT ) and Mid-America Apartment Communities ( MAA ) were trading lower as Scotiabank cut its recommendation on the two stocks to Sell equivalent. CPT was trading 0.93% lower at $104.37 during Thursday morning trading, while MAA was -0.73% to $128.40. "We forecast a more challenging Sunbelt recovery. Based on our analysis of CoStar multifami...
elxeneize/iStock via Getty Images Camden Property Trust ( CPT ) and Mid-America Apartment Communities ( MAA ) were trading lower as Scotiabank cut its recommendation on the two stocks to Sell equivalent. CPT was trading 0.93% lower at $104.37 during Thursday morning trading, while MAA was -0.73% to $128.40. "We forecast a more challenging Sunbelt recovery. Based on our analysis of CoStar multifamily market data (plus historical population and migration data), we estimate it will take several years to absorb the significant overbuilding that has occurred in most Sunbelt markets," said analyst Nicholas Yulico. "In our view, this will prevent a return to pre-COVID occupancy levels that would allow for better Sunbelt rent growth," said Yulico, adding that it will result in the two companies posting average annual earnings growth in 2026/2027. The two stocks were downgraded to Sector Underperform from Sector Perform. Price target on CPT was reduced to $95.00 from $113.00, and on MAA, it was lowered to $120.00 from $138.00. Scotiabank's rating on Camden Property Trust aligns with Seeking Alpha's Quant Rating of Sell. SA authors as well as Wall Street analysts grade the stock as Buy. Similarly, Mid-America Apartment is also rated Sell by Quant and Buy by SA contributors and sell-side analysts . More on Camden Property Trust, Mid-America Apartment Communities Camden Property Trust (CPT) Q1 2026 Earnings Call Transcript Mid-America Apartment Communities, Inc. (MAA) Q1 2026 Earnings Call Transcript Mid-America Apartment: You Have To Love It Here AvalonBay replaces Mid-America in BofA Securities' industry top picks after Q1 results Camden outlines 2026 core FFO midpoint of $6.75 as it expects Q2 core FFO of $1.65-$1.69
raisbeckfoto/iStock Unreleased via Getty Images Cisco Systems ( CSCO ) exploded higher Thursday, surging as much as 17% to a new intraday record of $119.36, after the networking giant delivered a strong earnings beat, upbeat sales guidance, and deeper restructuring efforts tied to its AI strategy. The move marked the stock’s biggest single-day rally since August 2011. The stock had already increas...
raisbeckfoto/iStock Unreleased via Getty Images Cisco Systems ( CSCO ) exploded higher Thursday, surging as much as 17% to a new intraday record of $119.36, after the networking giant delivered a strong earnings beat, upbeat sales guidance, and deeper restructuring efforts tied to its AI strategy. The move marked the stock’s biggest single-day rally since August 2011. The stock had already increased 32% this year heading into Wednesday’s report. From a technical perspective, the earnings-driven breakout to record highs significantly strengthens Cisco’s bullish momentum profile. CSCO is trading well above its key moving averages, including the 50-day SMA of 84.46, the 100-day SMA of 81.20, and the 200-day SMA of 76.16, reinforcing the stock’s strong long-term uptrend. The stock’s relative strength index stands at 79, signaling overbought conditions in the near term following the sharp post-earnings rally. For FQ3, Cisco Systems ( CSCO ) reported adjusted EPS of $1.06 on revenue of $15.8B (+12% Y/Y), both ahead of Wall Street estimates. With the results, Cisco ( CSCO ) said it will be letting go fewer than 4,000 employees as it continues to focus on artificial intelligence. The layoffs, which will impact roughly 5% of the company's workforce, will start on May 14. While AI networking has become a major growth driver for Cisco Systems ( CSCO ), competition in the space is intensifying. Rivals, including Broadcom ( AVGO ) +4.7% and Hewlett Packard Enterprise ( HPE ) +5.8%, are aggressively targeting the expanding AI infrastructure market. Arista Networks ( ANET ), another key networking provider, also moved +4.2% higher. More on Cisco Cisco Systems, Inc. (CSCO) Q3 2026 Earnings Call Transcript S&P 500: Everyone Is Now An Earnings Expert, And A Quick Look At Cisco's Expected Earnings Cisco Q3 Earnings Preview: Margin Focus As Shares Trade Near Highs Cisco finds supply chain advantage with One Silicon to rule them all: analysts Cisco rally puts spotlight on ETFs with expo...
CEOs including Elon Musk, Jensen Huang and Tim Cook attend a state banquet for President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing (Source: Bloomberg)
CEOs including Elon Musk, Jensen Huang and Tim Cook attend a state banquet for President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing (Source: Bloomberg)
BTIG analyst Gray Powell raised the firm’s price target on CrowdStrike (NASDAQ:CRWD) to $621 from $499, maintaining a Buy rating ahead of the company’s Q1 FY27 results. The price target raise lands as channel checks signal that CrowdStrike’s platform consolidation pitch is winning more enterprise security wallets. For prudent investors, this analyst upgrade reinforces a ... BTIG Hikes CrowdStrike ...
BTIG analyst Gray Powell raised the firm’s price target on CrowdStrike (NASDAQ:CRWD) to $621 from $499, maintaining a Buy rating ahead of the company’s Q1 FY27 results. The price target raise lands as channel checks signal that CrowdStrike’s platform consolidation pitch is winning more enterprise security wallets. For prudent investors, this analyst upgrade reinforces a ... BTIG Hikes CrowdStrike Price Target to $621: Platform Consolidation Story Just Got Louder
Bankrupt auto-parts maker First Brands Group should be taken over by a court-supervised trustee who can finish liquidating its assets at a much lower cost than what the company’s high-priced advisers are charging, federal officials argued in a court filing. Already, the company has paid out advisory fees of at least $245 million, documents show. A trustee “can effectively liquidate assets and purs...
Bankrupt auto-parts maker First Brands Group should be taken over by a court-supervised trustee who can finish liquidating its assets at a much lower cost than what the company’s high-priced advisers are charging, federal officials argued in a court filing. Already, the company has paid out advisory fees of at least $245 million, documents show. A trustee “can effectively liquidate assets and pursue these litigation claims at a fraction of the existing costs,” the US Trustee, who acts as a watchdog in corporate bankruptcy cases, said in their request to convert First Brands to a so-called Chapter 7 case. A representative for First Brands didn’t return a request for comment. First Brands filed for bankruptcy last year as allegations of a massive fraud spilled out. It gave up any effort to reorganize itself as a going concern earlier this year when lenders, faced with allegations that much of their collateral was tied to alleged fraud, refused to provide the company with any more money. Should the US Trustee’s request win court approval, the current restructuring team, led by law firm Weil Gotshal and Manges and financial adviser Alvarez & Marsal, would be replaced with a trustee. That person would use First Brands’ only remaining major assets — lawsuits against former company insiders and others — to raise money for creditors. First Brands, which owes lenders billions of dollars that it cannot fully repay, has fired thousands of employees and closed dozens of facilities, while factories that produced key parts have been propped up with help from major automakers during a quicker-than-normal sale process. In the process, it has racked up a pile of advisory and legal expenses. Fee Spree Included in the $245 million First Brands paid out to bankruptcy advisers representing the company and its creditors through March is about $77.8 million paid to its main law firm, according to court documents. The company also paid about $13 million in the weeks leading up to its Septe...