Energy Transfer LP ( ET ) delivered a standout Q1 2026, posting 20% year-over-year Adjusted EBITDA growth and beating revenue expectations. The midstream giant raised its full-year 2026 EBITDA guidance by $750 million at the midpoint, now projecting $18.2 billion to $18.6 billion. With units trading near $20.39 and a distribution yield of 6.98%, the company continues to attract income-focused inve...
Energy Transfer LP ( ET ) delivered a standout Q1 2026, posting 20% year-over-year Adjusted EBITDA growth and beating revenue expectations. The midstream giant raised its full-year 2026 EBITDA guidance by $750 million at the midpoint, now projecting $18.2 billion to $18.6 billion. With units trading near $20.39 and a distribution yield of 6.98%, the company continues to attract income-focused investors. Despite the strong rally of more than 25% recently, analyst sentiment remains overwhelmingly bullish, with experts pointing to structural tailwinds that could sustain momentum while acknowledging execution risks ahead. What Do Seeking Alpha Analysts Say About Energy Transfer’s Future? Optimists pointed to Energy Transfer’s positioning as a primary beneficiary of the AI data center buildout, with long-term natural gas transport contracts supporting mid-teen returns and considerable earnings growth over the next decade. The company has now delivered 18 consecutive quarterly distribution increases, while NGL and refined product exports surged 19% year-over-year. Analysts highlighted ET’s integrated, irreplicable asset footprint and the expanded Flexport capacity as key competitive advantages. Skeptics, however, highlighted potential risks surrounding the execution of a $5.7 billion organic growth capital budget, representing a 26.6% year-over-year increase. While management characterizes debt leverage as “manageable,” the capital-intensive expansion plans require disciplined execution. Some analysts also noted that volatility in global energy markets, particularly conflicts in the Middle East, could impact commodity resilience and export dynamics. Here’s a breakdown of what some analysts had to say: Steven Fiorillo, Rating: Buy: “ET’s integrated infrastructure and data center-driven demand position it for substantial future cash flow growth, despite manageable leverage and execution risks… Energy Transfer increased its 2026 EBITDA guidance by $750 million at the midpoin...
Airbnb Inc. will let guests arrange luggage storage, airport pickups and car and equipment rentals, its latest effort to expand beyond short-term rentals. During its annual product event on Wednesday, the company announced a partnership with luggage storage platform Bounce, which works with retail stores, hotels and locker rentals in 175 cities to let people stow their bags before check-in or afte...
Airbnb Inc. will let guests arrange luggage storage, airport pickups and car and equipment rentals, its latest effort to expand beyond short-term rentals. During its annual product event on Wednesday, the company announced a partnership with luggage storage platform Bounce, which works with retail stores, hotels and locker rentals in 175 cities to let people stow their bags before check-in or after checkout for a small fee. Airbnb is also expanding private car pickups in major markets outside the US with airport transfer firm Welcome Pickups. The tie-up with Bounce follows a deal last year with Instacart to add grocery-stocking to the Airbnb app. The home-share company said Wednesday that it is expanding that service to more than 25 cities in the US. It is in talks with other companies globally to offer a similar offering overseas, Chief Executive Officer Brian Chesky said in an interview ahead of the announcement. Airbnb wants to “become an ecosystem of services” to address the top pain points in travel, Chesky said. “It’s almost like an app store where we work with other developers, other companies,” giving them access to Airbnb’s global customer base. With the exception of grocery delivery, which is a low-margin business, Airbnb takes a 10% to 15% commission from the third-party providers, he added. More offerings will be added this year, including car rentals with an undisclosed partner this summer, according to the company. Chesky said Airbnb is testing half a dozen more services, including equipment rentals for items such as skis. Working with third-party companies that have an established business, instead of solely with individual providers like private chefs or photographers, will accelerate Airbnb’s nascent “Services” business to stimulate annual revenue growth beyond 10%. Chesky has said that this segment, combined with “experiences” for booking travel activities, will help add $1 billion or more in revenue a year. But he has also cautioned that it may ta...
Airbnb Inc. Chief Executive Officer Brian Chesky defended his company’s use of Chinese artificial intelligence models, saying US lawmakers who worry Chinese firms can access Americans’ user data are “misunderstanding” the technology. “We are not providing data to any Chinese companies. They don’t have access to any data,” he said in an interview with Bloomberg News, his first public response to a ...
Airbnb Inc. Chief Executive Officer Brian Chesky defended his company’s use of Chinese artificial intelligence models, saying US lawmakers who worry Chinese firms can access Americans’ user data are “misunderstanding” the technology. “We are not providing data to any Chinese companies. They don’t have access to any data,” he said in an interview with Bloomberg News, his first public response to a US House probe into Airbnb’s use of Alibaba Group Holding Ltd. ’s Qwen large language model for its customer service chatbot. “We’re primarily using a variety of open-source models, including US open-source models,” he added. “An open-source model does not have access to data. It doesn’t work that way. I think people need to understand how this stuff works.” Last month, the House committees on China and homeland security sent a letter to Airbnb, asking for information about its use of Chinese AI models as part of an investigation into what they described as a Chinese campaign to “accelerate its AI capabilities by exploiting American innovation.” The heads of the panels seized on an October interview with Bloomberg, in which Chesky said his company preferred “fast and cheap” Qwen in certain situations. The committee members cited the comments, noting “serious concerns about the national security and data-security implications” for Airbnb’s “American customers and for the integrity of its systems.” Read More: Why China’s DeepSeek, Qwen and Moonshot Are a Worry for US AI Rivals The availability of low-cost AI models from China that can perform almost as well as costlier offerings from premier US labs sits at the heart of the escalating competition between the US and China to dominate the emerging technology. For cost-conscious enterprises, it makes less sense to use American tech if there are cheaper alternatives elsewhere. Those alternatives are helping deliver business wins. Airbnb, for its part, has touted the rollout over the past year of its AI customer service agent, whi...
Commercial Electricity Use Will Surpass Residential In 2027, As Price Surge Set To Continue: EIA By Robert Wilson of UtilityDive Commercial electricity consumption is likely to surpass residential use for the first time on record in 2027, the U.S. Energy Information Administration said Tuesday in its Short-Term Energy Outlook. The commercial sector, which includes hyperscalers, bitcoin miners and ...
Commercial Electricity Use Will Surpass Residential In 2027, As Price Surge Set To Continue: EIA By Robert Wilson of UtilityDive Commercial electricity consumption is likely to surpass residential use for the first time on record in 2027, the U.S. Energy Information Administration said Tuesday in its Short-Term Energy Outlook. The commercial sector, which includes hyperscalers, bitcoin miners and cloud computing, is expected to see electricity sales grow 2.2% to about 1,530 billion kWh in 2026 — roughly the same as the residential sector — followed by 5.3% growth the following year , EIA said. Demand from the residential sector, which has historically accounted for the largest share of U.S. electricity use, will remain largely flat over the next two years, growing about 0.5% in 2026 and 2027. Total U.S. electricity consumption in 2026 will be almost 4,250 billion kWh, up 1.3% from 2025, and is expected to grow 3.1% in 2027. Meanwhile , U.S. residential electricity prices will continue to rise amid growing demand, particularly from the commercial sector, which includes data centers , the EIA said. Residential customers will pay an average of 18.2 cents/kWh this year, “a nearly 5% increase from 2025, which is similar to the increase in U.S. prices between 2024 and 2025,” EIA estimated. “We expect residential prices to grow at a slightly lower rate of 2% next year.” “Residential prices have been growing in all regions of the United States, and we expect this trend to continue,” EIA said. Areas along the East coast will experience the largest increases in residential prices, with average annual growth as high as 7% for the next two years . “Electric utilities in these regions are citing various factors for rising electricity rates, including higher fuel prices for generation and expenses for bolstering the transmission grid against extreme weather and to accommodate rising power demand,” the short-term outlook said. Industrial sales, the smallest of the three segments, ...
A former public health minister facing terminal cancer has urged MPs not to bring back the assisted dying bill in England and Wales. The Labour MP Ashley Dalton revealed she would be on lifelong treatment for metastatic breast cancer, which has spread throughout her body – but said her parliamentary colleagues should not revive the bill, which would legalise an assisted death to those with a termi...
A former public health minister facing terminal cancer has urged MPs not to bring back the assisted dying bill in England and Wales. The Labour MP Ashley Dalton revealed she would be on lifelong treatment for metastatic breast cancer, which has spread throughout her body – but said her parliamentary colleagues should not revive the bill, which would legalise an assisted death to those with a terminal illness. The ballot for a new round of private members’ bills will be drawn on Thursday morning. Backers of assisted dying hope to bring back the bill, which ran out of time to pass after it was talked out by the Lords in the last parliamentary session, despite passing the Commons. Supporters hope they can use the Parliament Act to bypass further blocks by the House of Lords, where the bill ran out of time for debate because opponents laid more than 1,000 amendments. Peers who opposed the bill said it was fundamentally flawed. Dalton, 53, had not previously made an intervention on the bill because she was serving as a government minister. She resigned from the role in March to focus on her cancer treatment, and so she could continue serving as a constituency MP for West Lancashire. “I’ve got incurable but treatable breast cancer,” she said. “Two years ago, I had some symptoms and they found a large tumour on my ovaries. And when they took it out and tested it, it was breast cancer which had spread. “I’ll be on treatment for ever. My breast cancer is what they call triple negative, which means it doesn’t respond to hormone treatment. I spent about 10 months on an oral chemotherapy and that recently stopped working. So I’ve just started on an intravenous chemotherapy, so I’ll be on that for as long as that works.” Dalton said she had found it hard to hear MPs speaking in the chamber about the bill and not be able to speak about her own feelings on having a terminal diagnosis. The bill, tabled by the Labour MP Kim Leadbeater, would legalise assisted dying for those with a ...
The latest figures from the Royal College of Nursing paint a worrying if unsurprising picture (Two-thirds of NHS nurses believe lack of staff is putting patients at risk, survey finds, 18 May). But to achieve safer staffing levels, we must look beyond recruitment and listen to what those leaving the workforce are telling us needs to change. For me, it was the complete incompatibility of a career i...
The latest figures from the Royal College of Nursing paint a worrying if unsurprising picture (Two-thirds of NHS nurses believe lack of staff is putting patients at risk, survey finds, 18 May). But to achieve safer staffing levels, we must look beyond recruitment and listen to what those leaving the workforce are telling us needs to change. For me, it was the complete incompatibility of a career in nursing with any semblance of normal family life. The rigid system of inflexible, inconsistent shift patterns, coupled with a complete lack of control over my schedule, made it feel impossible to balance my career with the realities of life outside work. Despite having spent three years training to achieve my registration, I left after just 12 months on the job. And I am not alone. Chronic inflexibility is forcing thousands of my colleagues to leave the careers they love and have worked so hard for every year. Recruitment is important, but without breaking this cycle, no number of new nurses will deliver lasting results. Nurses know what they are signing up for. It’s not a normal nine-to-five job, and long hours and unsociable shifts are part of it. That said, in 2026 there is no reason why NHS staff should be forced to give up the basic flexibility, career autonomy and work-life balance that our peers in other industries take for granted. We already have the tools to deliver a truly modern approach to workforce management in our NHS. What we need now is a commitment from leaders and decision-makers to put plans into action and ensure that the next generation of nurses aren’t forced to choose between work and life. That means giving them real autonomy over their careers and shifting away from the misguided assumption that flexibility and productivity are mutually exclusive. Zoe Anderson Account executive, Patchwork Health, and former NHS nurse Your story on nurse shortages mirrors my late son’s experience last year. My son died of bowel cancer in December aged just 46. He...
Your report (One in seven in UK prefer consulting AI chatbots to seeing doctor, study finds, 13 May) will no doubt be greeted with the usual hand‑wringing about the decline of human connection in healthcare. But the more honest explanation is far simpler: many of us no longer see our registered doctor in any meaningful sense. Continuity of care has quietly evaporated. General practice has become a...
Your report (One in seven in UK prefer consulting AI chatbots to seeing doctor, study finds, 13 May) will no doubt be greeted with the usual hand‑wringing about the decline of human connection in healthcare. But the more honest explanation is far simpler: many of us no longer see our registered doctor in any meaningful sense. Continuity of care has quietly evaporated. General practice has become a rotating cast of locums, telephone triage and “someone will call you back at some point between 8am and the heat death of the universe”. The idea of a named GP – someone who knows your history, your face – has become NHS folklore, spoken of wistfully but rarely encountered in the wild. Against that backdrop, the rise of chatbots is not a cultural shift, but a coping mechanism. If the system has already replaced relationship‑based medicine with transactional encounters, it’s hardly shocking that people start choosing the transaction that is at least predictable, is available, and doesn’t require a 7.59am redial marathon. The real concern is not that patients are turning to AI. It’s that the NHS has left a vacuum where primary care used to be, and nature, as ever, abhors a vacuum. Richard Eltringham Leicester When you phone my GP surgery, you are asked not to continue if you have any of the following: heart attack, chest pain, stroke, confusion, difficulty breathing, bleeding, seizure, infection, high fever. Urged to complete the online form to get a GP appointment, you are faced with a demanding list including your symptoms, when it started, how they have changed, how the issue is affecting your day-to-day life, and anything you have tried to help (plus photos). I understand that this helps the surgery decide the most appropriate clinical response, but it’s exhausting. It’s quicker to put that lot into ChatGPT and find out if you’re about to shuffle off this mortal coil. Barbara Riddell Epsom, Surrey Your report on patients turning to AI chatbots demonstrates a growing dema...
I write as the mother of a son who suffered with psychosis, and who had to battle with mental health services to have him receive the treatment he needed. I am impressed and astounded by Celeste Calocane (Mental health system is broken, says mother of Nottingham triple killer, 14 May). She insisted the system was broken, and her evidence clearly illustrated that. On top of everything else she has ...
I write as the mother of a son who suffered with psychosis, and who had to battle with mental health services to have him receive the treatment he needed. I am impressed and astounded by Celeste Calocane (Mental health system is broken, says mother of Nottingham triple killer, 14 May). She insisted the system was broken, and her evidence clearly illustrated that. On top of everything else she has gone through trying to navigate the system, fearing for the life of the son she loved when he was so unwell, and the terrible outcome that followed, she then had to experience the ordeal of being examined about her role in not preventing the outcome. It was horrible to watch, and she handled it so well and so strongly. She is an impressive and outstanding woman. I am very grateful for what she said to the chair at the end about the system being broken. I long for her words and evidence to be taken on board and acted upon. I am grateful that Celeste was brave enough to endure this ordeal and to speak so strongly, challenging the system, which fails not only the patients but also those of us who care for them, and of course the public at large, who may have to endure terrible consequences such as the Nottingham deaths. If the system remains broken, this terrible pain will continue. Name and address supplied
Readers respond to an article by Dave Schilling in which he said he couldn’t think why anyone would choose to go on a cruise I’d say to Dave Schilling that misfortune is part and parcel of life ( The hantavirus debacle raises a key question: why would anyone go on a cruise?, 16 May ). Is driving too much of a risk for him? Eating out? Boarding a plane? I fractured my left wrist in 2019, four days ...
Readers respond to an article by Dave Schilling in which he said he couldn’t think why anyone would choose to go on a cruise I’d say to Dave Schilling that misfortune is part and parcel of life ( The hantavirus debacle raises a key question: why would anyone go on a cruise?, 16 May ). Is driving too much of a risk for him? Eating out? Boarding a plane? I fractured my left wrist in 2019, four days before embarkation on a cruise to Iceland. This entailed a 12-hour night shift of indescribable purgatory, along with hordes of other stricken souls at A&E. I joined endless queues, was shunted from pillar to post and eventually emerged the next morning, traumatised and with my wrist plastered. I cancelled the Icelandic cruise. Fast-forward to 2025, and I board a ship to set sail to Iceland at last, Covid preventing it in the meantime. And guess what – I fall and break my left wrist, this time while admiring a geyser. I am ushered to the ship’s medical centre post-haste, and immediately examined by two charming doctors in naval uniforms, far more impressive than the NHS’s boring scrubs. X-rays confirm that my wrist is fractured, and I come to the conclusion that Iceland doesn’t want me there! Continue reading...
400tmax Employees at Google ( GOOG ) ( GOOGL ) DeepMind workers are getting ready to negotiate with management to have a union recognized at the workplace, the Communications Workers of America said on Wednesday. The talks to start a union at the workplace came as a result of DeepMind employees voting 98% in favor to obtain voluntary recognition earlier this month, the CWA said in a statement . “W...
400tmax Employees at Google ( GOOG ) ( GOOGL ) DeepMind workers are getting ready to negotiate with management to have a union recognized at the workplace, the Communications Workers of America said on Wednesday. The talks to start a union at the workplace came as a result of DeepMind employees voting 98% in favor to obtain voluntary recognition earlier this month, the CWA said in a statement . “We welcome Google DeepMind management’s offer to engage us in discussions over workplace union recognition,” a CWU spokesperson said in a release. “In previous months, unprecedented numbers of Google DeepMind employees have expressed concerns over the direction of their work by joining their union. As discussions continue, we are confident that even more workers will know the need for a democratic workers’ voice at DeepMind.” Google did not immediately respond to a request for comment from Seeking Alpha. Google DeepMind leadership informed the union, via a letter to CWU's John Chadfield, that even though they rejected voluntary recognition, they will continue to have discussions. The union push comes after more than 1,000 workers at DeepMind's London office expressed concern about the company purportedly abandoning its commitment to use their talents for developing weapons or surveillance tools. Earlier this month, Google was among eight companies that signed an agreement with the U.S. Department of War to use their AI capabilities in classified settings. Google acquired DeepMind in January 2014 for a price tag worth between $400M and $650M. More on Alphabet Alphabet Just Disrupted Itself, Completely (Rating Upgrade) Alphabet Owns The Entire AI Stack And Is The Largest Pure Play Option For Investors Alphabet: FQ1's Record Operating Margin Marks A New Growth Curve Google I/O signals Alphabet's growing challenge to Amazon and Hollywood OpenAI, Google deepen Singapore AI ties, ChatGPT maker commits $234M
FTSE Russell Head of Global Investment Research Indrani De says the AI-fueled rally in equities is running out of breadth. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
FTSE Russell Head of Global Investment Research Indrani De says the AI-fueled rally in equities is running out of breadth. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Shares of Astera Labs surged Wednesday, building on a strong gain from Tuesday as investors appeared bullish on the maker of semiconductor-based connectors for cloud and artificial infrastructure ahead of Nvidia earnings and after the company gave upbeat commentary at a technology and media conference. Astera Labs stock jumped 14% to $278.45 on Wednesday, putting it on pace for a record closing hi...
Shares of Astera Labs surged Wednesday, building on a strong gain from Tuesday as investors appeared bullish on the maker of semiconductor-based connectors for cloud and artificial infrastructure ahead of Nvidia earnings and after the company gave upbeat commentary at a technology and media conference. Astera Labs stock jumped 14% to $278.45 on Wednesday, putting it on pace for a record closing high. Investors continued to buy shares after Astera Labs stock shot up 13% on Tuesday.
Alphabet is facing stiff competition in the cloud computing space from Microsoft MSFT and Amazon AMZN. According to Synergy Research Group’s first-quarter 2026 data, Amazon maintained a strong lead in the market, though Microsoft and Alphabet’s Google continued to achieve substantially higher growth rates. Amazon, Microsoft and Alphabet’s market share were roughly 28%, 21% and 14%, respectively. I...
Alphabet is facing stiff competition in the cloud computing space from Microsoft MSFT and Amazon AMZN. According to Synergy Research Group’s first-quarter 2026 data, Amazon maintained a strong lead in the market, though Microsoft and Alphabet’s Google continued to achieve substantially higher growth rates. Amazon, Microsoft and Alphabet’s market share were roughly 28%, 21% and 14%, respectively. In the search domain, Google continues to dominate with a roughly 90.02% share, followed by Microsoft’s Bing, with a 5.14% share, per the latest data from StatCounter. In the consumer technology market, Alphabet continues to face stiff competition from Apple AAPL. Investor skepticism over GOOGL’s ability to monetize its AI-infused services, given the huge capital expenditure guidance, which is now pegged between $180 billion and $190 billion for 2026, has been a headwind. Most of this spending is marked for building AI and cloud infrastructure, including data centers, chips and servers for Gemini and cloud growth. Although Alphabet generates considerable cash flow ($174.4 billion on a trailing 12-month basis at the end of first-quarter 2026), this steep increase in capital expenditure is expected to squeeze free cash flow ($64.4 billion on a trailing 12-month basis at the end of first-quarter 2026). GOOGL expects 2027 capital expenditure to significantly increase compared to 2026. GOOGL shares have outperformed peers, including Amazon, Apple and Microsoft, YTD. Shares of Apple and Amazon have returned 10% and 12.4%, respectively, while Microsoft has dropped 13.8%. Alphabet GOOGL shares closed at $387.66 on Tuesday, near the 52-week high of $408.61 GOOGL shares hit on May 18. Year to date (YTD), the company’s shares have surged 23.9%, outperforming the Zacks Computer & Technology sector’s return of 16%. GOOGL’s prospects are benefiting from its growing AI-powered Search capabilities and significant investments in Cloud computing. However, capacity constraints, despite the imp...
Alphabet GOOGL shares closed at $387.66 on Tuesday, near the 52-week high of $408.61 GOOGL shares hit on May 18. Year to date (YTD), the company’s shares have surged 23.9%, outperforming the Zacks Computer & Technology sector’s return of 16%. GOOGL’s prospects are benefiting from its growing AI-powered Search capabilities and significant investments in Cloud computing. However, capacity constraint...
Alphabet GOOGL shares closed at $387.66 on Tuesday, near the 52-week high of $408.61 GOOGL shares hit on May 18. Year to date (YTD), the company’s shares have surged 23.9%, outperforming the Zacks Computer & Technology sector’s return of 16%. GOOGL’s prospects are benefiting from its growing AI-powered Search capabilities and significant investments in Cloud computing. However, capacity constraints, despite the improving pace of server deployments and data center construction, are expected to hurt Alphabet’s prospects in 2026. This, along with higher depreciation expenses and related data center operations costs, including energy, is expected to hurt profitability. Moreover, the Wiz acquisition is expected to have a low single-digit percentage point headwind to Google Cloud's operating margin for the remainder of 2026. So, what should investors do with GOOGL shares? GOOGL Suffers From Stiff Competition & Higher Capex Alphabet is facing stiff competition in the cloud computing space from Microsoft MSFT and Amazon AMZN. According to Synergy Research Group’s first-quarter 2026 data, Amazon maintained a strong lead in the market, though Microsoft and Alphabet’s Google continued to achieve substantially higher growth rates. Amazon, Microsoft and Alphabet’s market share were roughly 28%, 21% and 14%, respectively. In the search domain, Google continues to dominate with a roughly 90.02% share, followed by Microsoft’s Bing, with a 5.14% share, per the latest data from StatCounter. In the consumer technology market, Alphabet continues to face stiff competition from Apple AAPL. Investor skepticism over GOOGL’s ability to monetize its AI-infused services, given the huge capital expenditure guidance, which is now pegged between $180 billion and $190 billion for 2026, has been a headwind. Most of this spending is marked for building AI and cloud infrastructure, including data centers, chips and servers for Gemini and cloud growth. Although Alphabet generates considerable cash fl...
Nvidia faces a high bar as it looks to keep the AI rally going. Goldman Sachs Semiconductor Research Analyst Jim Schneider discusses expectations ahead of the chipmaker's highly anticipated results on "Bloomberg Open Interest." (Source: Bloomberg)
Nvidia faces a high bar as it looks to keep the AI rally going. Goldman Sachs Semiconductor Research Analyst Jim Schneider discusses expectations ahead of the chipmaker's highly anticipated results on "Bloomberg Open Interest." (Source: Bloomberg)
This article first appeared on GuruFocus. Micron Technology (MU, Financials), Nvidia and AMD moved higher Wednesday after failed labor talks at Samsung Electronics raised the risk of a strike that could affect global memory chip supply. The move was strongest in memory-related stocks. Micron gained about 4% in premarket trading as investors weighed whether a Samsung strike could tighten supply and...
This article first appeared on GuruFocus. Micron Technology (MU, Financials), Nvidia and AMD moved higher Wednesday after failed labor talks at Samsung Electronics raised the risk of a strike that could affect global memory chip supply. The move was strongest in memory-related stocks. Micron gained about 4% in premarket trading as investors weighed whether a Samsung strike could tighten supply and support pricing. Samsung is one of the world's largest memory chipmakers, so any disruption at its plants could ripple through the broader semiconductor market. That matters at a time when demand tied to artificial intelligence, data centers and advanced computing remains strong. Other chip names also gained as traders looked at how a possible supply squeeze could benefit competitors or support higher prices across parts of the sector. For investors, the story is simple: even the threat of a production disruption at Samsung can move chip stocks quickly.
The San Diego mosque shooting victims remembered as 'heroes' for protecting children toggle caption The Islamic Center of San Diego Mansour Kaziha was the mosque's shopkeeper known for letting children take candy for free. Nadir Awad was funny, cheerful and regularly went to the mosque to pray. And Amin Abdullah was a dedicated security guard who greeted people with a bright smile and the occasion...
The San Diego mosque shooting victims remembered as 'heroes' for protecting children toggle caption The Islamic Center of San Diego Mansour Kaziha was the mosque's shopkeeper known for letting children take candy for free. Nadir Awad was funny, cheerful and regularly went to the mosque to pray. And Amin Abdullah was a dedicated security guard who greeted people with a bright smile and the occasional sage life advice. Until recently, all three men were best known for small, everyday interactions at the Islamic Center of San Diego. But after the harrowing attack on Monday, they are now remembered for their larger-than-life acts of courage, which cost them their lives but prevented two gunmen from coming into contact with the some hundred children and staff who were inside the mosque. "At no point [were they] hiding or running away from what's happening," Ghouse Mohammed, the center's head of security, told NPR. "All three of them were heroes." In the aftermath, community members have united in grief and gratitude for Abdullah, Kaziha and Awad — as well as brewing frustration over how factors like anti-Muslim rhetoric both online and among elected officials led to Monday's act of violence. Sponsor Message At a press conference on Tuesday, Mark Remily, special agent in charge of the FBI's San Diego field office, described the two shooting suspects as teenagers who shared a "broad hatred" toward different races and religious groups. "We are thoroughly investigating this case to learn everything we can and will not stop until we get to the bottom of what happened and why," Remily said. "But we also want to learn how this happened and what we can do to stop future acts of violence." What we know about the victims Last week, when Amin Abdullah's daughter Hawaa earned her teaching credential, she said her father couldn't make it because he was at work. Hawaa didn't hold it against the father of eight. Instead, she shared this anecdote at a news press conference on Tuesday as...
This article first appeared on GuruFocus. Samsung Electronics (SSNLF) labor talks collapsed on Wednesday, increasing the possibility of a strike that could tighten global memory-chip supply and lift semiconductor shares. Micron Technology (NASDAQ:MU) climbed about 4%, while Seagate Technology (STX) gained about 2%, Western Digital (WDC) rose nearly 2% and Sandisk (SNDK) added more than 2%. Nvidia ...
This article first appeared on GuruFocus. Samsung Electronics (SSNLF) labor talks collapsed on Wednesday, increasing the possibility of a strike that could tighten global memory-chip supply and lift semiconductor shares. Micron Technology (NASDAQ:MU) climbed about 4%, while Seagate Technology (STX) gained about 2%, Western Digital (WDC) rose nearly 2% and Sandisk (SNDK) added more than 2%. Nvidia (NASDAQ:NVDA) advanced about 2%, and AMD (NASDAQ:AMD) rose roughly 2% as investors reacted to potential supply-chain pressure. Broadcom (AVGO) gained about 2%, Qualcomm (NASDAQ:QCOM) climbed more than 3% and chip-equipment makers ASML (ASML), Lam Research (NASDAQ:LRCX), Applied Materials (AMAT) and KLA (NASDAQ:KLAC) also traded higher. The gains followed Samsung management's rejection of a proposal previously accepted by union representatives. A broader work stoppage is expected to begin Thursday unless both sides return to negotiations. Samsung shares slid as much as 4% after the talks failed, reflecting concern that prolonged disruptions could affect supply for products ranging from AI servers to smartphones and electric vehicles.
J Studios/DigitalVision via Getty Images Fund Overview Through its multi-sector fixed-income strategy, the fund invests mainly in high-yield securities from US issuers with the goal of generating high current income and total return in excess of the benchmark over complete market cycles. Market Overview The US high-yield bond market, as represented by the Bloomberg US Corporate High Yield 2% Issue...
J Studios/DigitalVision via Getty Images Fund Overview Through its multi-sector fixed-income strategy, the fund invests mainly in high-yield securities from US issuers with the goal of generating high current income and total return in excess of the benchmark over complete market cycles. Market Overview The US high-yield bond market, as represented by the Bloomberg US Corporate High Yield 2% Issuer Capped Index, returned -0.50% in the first quarter. Credit markets entered 2026 on a solid footing, extending the constructive environment that characterized much of 2025. The One Big Beautiful Bill Act provided fiscal tailwinds to the economy, the labor market held unemployment steady despite immigration-driven supply constraints, and the Federal Reserve cut rates in December. Markets were expecting two or three additional cuts during the year. Ten-year Treasury yields were drifting lower, and credit spreads were near cycle tights. Then on February 28, the US and Israel launched strikes on Iran, and the calculus changed materially. The most direct impact has been on energy markets. Iran's closure of the Strait of Hormuz, through which roughly 20% of global fossil fuels flow, removed critical supply from the market. Brent crude, which traded near $60 per barrel at the start of the quarter, surged well above $100 in March. Gasoline and diesel prices in the US rose sharply as a result. Secondary impacts quickly spread to fertilizer, helium, and carbon-dependent markets. While the US remains in a strong supply position, shortages and rationing are spreading to Europe and emerging markets. It remains to be seen how these energy-constrained economies adjust, which lower-value exports will be curtailed, and what the disruption will mean for US supply chains. The Treasury market no longer expects the Fed to cut rates this year. Yields rose across the curve as bonds sold off in response to the geopolitical shock and its inflationary implications. While near-term inflation pressur...