A group of likely Russian government hackers tried to hack a security researcher who investigates spyware attacks. He was then able to turn the tables on the hackers and reveal details of their espionage campaign.
A group of likely Russian government hackers tried to hack a security researcher who investigates spyware attacks. He was then able to turn the tables on the hackers and reveal details of their espionage campaign.
Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas. The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial g...
Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas. The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial governments as well as private sector players. Carney announced the strategy a day before his government is expected to unveil an industrial carbon pricing agreement with Alberta meant to pave the way for a new oil pipeline to the west coast, along with a major carbon capture project in the province’s oil sands. The electricity strategy is short on concrete actions to meet its targets, but it says the government will now begin consultations with provinces, territories, Indigenous groups, utilities and unions on the path forward. The strategy also pledges to use financing and grants to support energy retrofits for up to one million homes in Canada, including incentives to transition to electric heat pumps. The overall goal is to lower energy costs for about 70% of Canadian households, the document says. “Realizing these savings will require a willingness to use most sources of energy – including natural gas,” the government said in a news release. “That’s why we intend to adjust clean electricity regulations to provide the flexibility needed to keep energy costs for all Canadian families reliable and affordable, while reducing emissions and building the clean energy system of the future.” The regulations were brought in by Carney’s predecessor, Justin Trudeau , and strained relations with Alberta, which argued they would force the province to phase out natural-gas power generation. Carney’s government plans to ask the federal Major Projects Office to work on an investment strategy for building transmission interties, with the aim of improving Canada’s east-west grid connectio...
Tesla stock was bobbing up and down on Thursday, with investors still focused on China and self-driving technology. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock dri...
Tesla stock was bobbing up and down on Thursday, with investors still focused on China and self-driving technology. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock driver lately.
Assassin’s Creed Shadows is just one of the games that supports FSR 4.1. | Image: Ubisoft AMD is bringing its FSR 4.1 upscaling tech to older graphics cards. In an announcement on X , Jack Huynh, AMD's head of computing and graphics, says FSR 4.1 will roll out to RDNA 3 GPUs in July, followed by a launch on RDNA 2 chips in early 2027. This summer's update will allow Radeon RX 7000-series chip owne...
Assassin’s Creed Shadows is just one of the games that supports FSR 4.1. | Image: Ubisoft AMD is bringing its FSR 4.1 upscaling tech to older graphics cards. In an announcement on X , Jack Huynh, AMD's head of computing and graphics, says FSR 4.1 will roll out to RDNA 3 GPUs in July, followed by a launch on RDNA 2 chips in early 2027. This summer's update will allow Radeon RX 7000-series chip owners to access AMD's upscaling tech across more than 300 supported games , including Cyberpunk 2077 , Battlefield 6 , and Assassin's Creed Shadows . FSR 4.1's broader expansion next year will allow the tech to expand to more devices running RDNA 2 architecture, like the Steam Deck. AMD launched its FSR 4.1 update for Radeon RX 9000-series gra … Read the full story at The Verge.
Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know.
Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know.
JHVEPhoto At 10:15 AM ET, updates to include expected through-the-cycle growth in the 12th paragraph. Charles Schwab ( SCHW ) management is trying to shift investors' perception of the investment firm's stock at its investor day event on Thursday. "We’re trading like a value stock but growing like a growth stock," CEO Rick Wurster told reporters ahead of the event. A big part of the company's argu...
JHVEPhoto At 10:15 AM ET, updates to include expected through-the-cycle growth in the 12th paragraph. Charles Schwab ( SCHW ) management is trying to shift investors' perception of the investment firm's stock at its investor day event on Thursday. "We’re trading like a value stock but growing like a growth stock," CEO Rick Wurster told reporters ahead of the event. A big part of the company's argument hinges on the potential of artificial intelligence. Fears that AI would obviate investors' needs for brokerage firms have pressured their stocks in recent months. Schwab ( SCHW ) is no exception. Its stock has risen only 5.7% in the past year, while the S&P 500 gained 26%. Schwab, though, sees AI as a powerful tool for deepening relationships with its clients and attracting new clients. " AI will increasingly be a channel with which people will engage with us," he said. While clients with $1M or more in assets get a relationship manager, those with less than $1M make up the majority of Schwab's client base. AI will allow the company to offer personalized service to more of its clients. "We have to win on AI," Wurster said. The power of artificial intelligence is that it's a " front door for how clients interact with us," he said. "It will allow us to go after an entire new segment of clients." Schwab ( SCHW ) is also targeting growth in its workplace platform. While the firm leads in the registered investor advisor sector and in total client assets (now at $12.6T), "we have an opportunity to be far bigger in the workplace platform," the CEO said. That may require some big investments, he added. "The retirement business opportunity is big." Chief Financial Officer Mike Verdeschi, though, stresses that the company will continue to apply disciplined financial management and capital return. He also noted that Schwab ( SCHW ) has the resources available to invest in growth and innovation and invest in efficiency while it keeps its cost to serve low. By serving a growing num...
West Bank home described as ‘ideal for outdoor gatherings’ is among 41 listed rentals in illegal Israeli settlements Some of Mohammad al-Sbeih’s fondest childhood memories are of his small farm in the hills south of Bethlehem, where three generations of his family grew wheat and barley. “It was a hard plot to farm as it was on a hillside with terraces, but it was so beautiful,” Sbeih remembers. Co...
West Bank home described as ‘ideal for outdoor gatherings’ is among 41 listed rentals in illegal Israeli settlements Some of Mohammad al-Sbeih’s fondest childhood memories are of his small farm in the hills south of Bethlehem, where three generations of his family grew wheat and barley. “It was a hard plot to farm as it was on a hillside with terraces, but it was so beautiful,” Sbeih remembers. Continue reading...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
Luis Alvarez Business inventories rose 0.9% M/M to $2,709.7B in March, vs. +0.3% consensus and 0.4% growth recorded in February, according to data released by the U.S. Census Bureau on Thursday. Manufacturing inventories were up 0.6%, vs. +0.1% in the prior month. Retail inventories rose 0.6%, vs. +0.0 prior. Wholesale inventories increased 1.3%, vs. +0.9% prior. Developing... Check back for updat...
Luis Alvarez Business inventories rose 0.9% M/M to $2,709.7B in March, vs. +0.3% consensus and 0.4% growth recorded in February, according to data released by the U.S. Census Bureau on Thursday. Manufacturing inventories were up 0.6%, vs. +0.1% in the prior month. Retail inventories rose 0.6%, vs. +0.0 prior. Wholesale inventories increased 1.3%, vs. +0.9% prior. Developing... Check back for updates. More on U.S. Economy U.S. import, export prices jump more than expected in April Initial jobless claims rise past consensus in past week April U.S. retail sales growth slows from March's spike, as expected
iFabric ( IFA:CA ) on Thursday announced the upsize of its announced bought deal offering of common shares in the capital of the company. Under the amended terms of the offering, Beacon Securities, on behalf of a syndicate of underwriters has agreed to purchase, on a bought deal basis, an aggregate of 5.41M common shares in the capital of the company at a price of $3.70 per treasury share for aggr...
iFabric ( IFA:CA ) on Thursday announced the upsize of its announced bought deal offering of common shares in the capital of the company. Under the amended terms of the offering, Beacon Securities, on behalf of a syndicate of underwriters has agreed to purchase, on a bought deal basis, an aggregate of 5.41M common shares in the capital of the company at a price of $3.70 per treasury share for aggregate gross proceeds to the company of $20M and, from Hylton Karon and Susan Karon , an aggregate of 1.35M common shares of the company at the issue price per secondary share for aggregate gross proceeds to the selling shareholders of $5M for combined aggregate gross proceeds of $25M. In addition, the underwriters will have an option to purchase up to an additional 15% of the common shares issued under the treasury offering at the issue price per common share, for additional gross proceeds of up to $3M, to cover over-allotments and for market stabilization purposes, such option being exercisable in whole or in part at any time until 30 days following the closing of the offering. The selling shareholders currently hold 19.18M common shares of the company, representing about 63.3% of the issued and outstanding common shares. Following the closing of the offering, the selling shareholders will hold 17.83M common shares, representing approximately 50% of the issued and outstanding common shares. The company intends to use the net proceeds of the treasury offering for product development, sales and marketing expansion, as well as for working capital and general corporate purposes. The net proceeds from the secondary offering will be payable to the selling shareholders. The company will not receive any proceeds from the secondary offering. The offering is expected to close on or about June 4, 2026. Press Release More on iFabric Corp. iFabric announces $20M bought-deal offering iFabric Corp. GAAP EPS of -$0.01 Historical earnings data for iFabric Corp. Financial information for iF...
Baloncici/iStock Editorial via Getty Images I've kept Panasonic Holdings ( PCRFF ) ( PCRHY ) (6752.T) as a "Buy"-rated name. Its worse-than-expected FY26 (YE Mar) results were driven by one-offs. Investors should focus on its favorable FY27 guide and its growth in AI-related business areas instead. The promising takeaways from PCRFF's non-core disposal and investor showcase were detailed in my ear...
Baloncici/iStock Editorial via Getty Images I've kept Panasonic Holdings ( PCRFF ) ( PCRHY ) (6752.T) as a "Buy"-rated name. Its worse-than-expected FY26 (YE Mar) results were driven by one-offs. Investors should focus on its favorable FY27 guide and its growth in AI-related business areas instead. The promising takeaways from PCRFF's non-core disposal and investor showcase were detailed in my earlier December 4, 2025, update . One-Time Factors Led To Full-Year Underperformance The group's press release disclosing its latest financials was issued on Tuesday, May 12. Its FY2026 EBIT was 44.6% lower YoY at ¥236 billion . The bottom line of ¥81/share during the same period represented a 48.2% drop. That translated into operating profit/OP and EPS misses of -21% and -23%, respectively, against S&P Capital IQ consensus. I'm not worried about PCRFF's below-expectations headline numbers. Corporate Reorganization Efforts Investor Slides The company highlighted "174.5 billion yen of restructuring expenses" in its '26 announcement as detailed above. According to the results presentation , its in-vehicle battery operations also recorded ¥40 billion of costs associated with "past manufacturing process issues." Moving beyond the one-offs, you should know about the impact of accounting treatment changes too. At the 3QFY25 call in Feb 2025, management revealed "the (80%) share transfer of Panasonic Automotive Systems/PAS" which "become an (associated) company under the equity method." I estimate that the firm's FY2026 operating income would have gone up ¥5 billion or 1% year-on-year, on an adjusted basis. This excludes non-recurrent items and adjusts for the deconsolidated auto business. Also, PCRFF's ex-PAS topline expanded by ¥0.26 trillion or +3% in FY26. My late-2025 write-up predicted that the "Battery Backup Unit/BBU division serving the Data Center/DC end market will be one of the group's fastest-growing businesses." I was proven to be right. For the prior fiscal year, its ...
England reinforce their pack for the Six Nations Grand Slam decider against France with the return of Lilli Ives-Campion, Maddie Feaunati and Sadia Kabeya.
England reinforce their pack for the Six Nations Grand Slam decider against France with the return of Lilli Ives-Campion, Maddie Feaunati and Sadia Kabeya.