After the announcement that Reform UK leader Nigel Farage would quit his Clacton constituency and stand in a by-election, the serial election candidate Count Binface posted online: "Game on, Nige."

Source: Bloomberg, 26:48

adventtr/E+ via Getty Images A crash of a single-engine aircraft into a Beijing high-rise last month raised concerns about the future of China’s electric vertical take-off and landing (eVTOL) ambitions as the government will likely tighten restrictions governing low-altitude aircraft. As the event could also undermine consumer confidence in the aircraft and weigh on the company’s sales, BofA Securities double downgraded Guangzhou-based EHang ( EH ) to Underperform and cut its target price on the aircraft manufacturer by more than half to $5.40. In late June, a single-engine, two-seat Sunward SA 60L Aurora light sport aircraft crashed into Beijing’s tallest skyscraper in the essential Central Business District, killing the pilot and injuring 13 others. The aircraft also narrowly missed a Hainan Airlines jet in the area. Although the crash was a deliberate act by the pilot and did not involve an eVTOL aircraft, the fallout will have far-reaching ramifications on the industry as the government is expected to tighten low-altitude airspace and restrict permission for private aircraft to operate over urban areas. Companies like EHang ( EH ) can also expect to see slower commercialization of eVTOL aircraft amid a much more cautious consumer environment, as well as stricter safety standards (increased hardware/software for obstacle avoidance), more training requirements for pilots, and a “more prudent view in procuring eVTOLs” by local governments. As such, BofA analyst Fiona Liang now expects China’s eVTOL sales volume to reach 2.9K units by 2030 versus an earlier forecast of 3.5K units, weighing on EHang’s ( EH ) eVTOL sales outlook in 2026 to 2028. The crash is yet another blow for the company, which has seen its stock price deteriorate by 59% since the beginning of the year. Although most Wall Street analysts and Seeking Alpha authors remain bullish towards EHang ( EH ), Seeking Alpha’s Quant rating views the stock as a Strong Sell with a Quant score of just 1.04 out of...

The Amplify Digital Payments ETF is seeing unusually high volume in afternoon trading Wednesday, with over 113,000 shares traded versus three month average volume of about 31,000. Shares of IPAY were off about 3.7% on the day. Components of that ETF with the highest volume on

Apple and Broadcom (NasdaqGS:AVGO) have entered a multi-year chip supply agreement valued at more than US$30b. The deal runs through 2031 and covers custom silicon and wireless connectivity components for multiple Apple product generations. As part of the agreement, Apple plans to invest US$1.5b to expand and modernize Broadcom's Fort Collins, Colorado manufacturing facility. For investors tracking Broadcom, this fresh agreement with Apple highlights how central the company is to high...

Broadcom (AVGO) Lands Apple Deal Worth Over $30 Billion Through 2031 Yahoo Finance

Both Netflix and T-Mobile stocks have been battered this year and bounced hard last week, but their risk profiles could not be more different for a retiree counting on that portfolio to pay the bills.

芯片板块在市值蒸发 2 万亿美元后小幅尝试反弹，指数当前运行至回调与破位的临界分水岭。 费城半导体指数（^SOX）正在测试约 12000 点一线，该点位 5 月曾短暂止住下跌，形成经典技术形态：前期阻力位有机会转化为新支撑，但前提是价格回落时买盘主动护盘。一个月前多头曾成功守住该区间。 对费城半导体指数而言，多头必须守住的收盘关键支撑位约 11950 点；对应半导体 ETF（SOXX）支撑位在 535 美元附近。 若站稳支撑：指数反弹有望顺势冲击 13000 点，上方强阻力位于 14000 点； 若有效跌破支撑：技术面将快速转空，指数或直接下探 11000 点，跌幅接近千点。 本次支撑位承压背后，抛售压力真实且巨大。 6 月 22 日是费城半导体指数、朗希尔存储 ETF（DRAM）及多数芯片股的收盘峰值。自当日起，雅虎财经统计的近 60 只芯片成分股市值合计蒸发约 2.1 万亿美元，个股跌幅中位数达 21%。 存储 ETF DRAM 已正式进入熊市区间（高点收盘至今跌幅超 20%）；而费城半导体指数对应的熊市临界点位更低，约 11700 点。 存储芯片仍是板块最大承压源头。三星（005930.KS）、SK 海力士（000660.KS）隔夜再度大跌 6%，创下六周新低。 三星自高点累计跌幅超 25%， 美光 （MU）同步下跌 25%，SK 海力士高点回撤幅度达 30%。 SK 海力士定于本周五登陆 纳斯达克 ，此次上市将成为衡量 AI 存储赛道市场情绪的实时风向标。 路透社消息，本次约 280 亿美元规模的美国存托凭证（ADR）发行超额认购倍数极高，说明即便板块遭遇抛售，机构资金仍有配置意愿。 看多芯片板块的投资者当下目标十分明确：守住费城半导体指数 11950 点、SOXX 535 美元关口，本轮下跌仅视作回踩确认支撑；一旦收盘跌破该区间，下跌通道将彻底打开，指数直奔 11000 点。 责任编辑：郭明煜

伊朗安全部门消息人士称，如果美国对伊朗发动任何袭击，伊朗将关闭霍尔木兹海峡，并对敌方目标实施至少两倍于所受打击规模的回击。美国总统特朗普8日在土耳其参加北约峰会期间说，他对伊朗很不高兴，美军“今晚可能”再次狠狠打击伊朗，还可能会对伊朗重新实施海上封锁。（央视新闻）

Alones Creative/iStock via Getty Images The high-quality picks-and-shovels story that is 5N Plus ( FPLSF ) has continued to work well in the months since my last update on this Canadian supplier of ultra-pure specialty materials. Up almost another 60% since then, the shares have roughly quadrupled over the past year on growing awareness of the story and optimism over the longer-term growth opportunities in power, commercial space, and other high-end applications. 5N Plus shares are definitely in growth/momentum stock territory where valuation is concerned. While I do think a 30%-plus EBITDA growth rate is attainable for multiple years, the shares now trade at around 40x 12-month EBITDA expectations. Valuation alone seldom stops a growth stock in the short term, but I’m more inclined to call this a “buy on the dips” idea now rather than just diving in at any price. Healthy Results And Backlog Growth Strong demand for materials used in solar applications, as well as bismuth-based products, has continued to support strong quarterly earnings reports, with the first quarter marking the ninth straight quarterly beat relative to sell-side expectations. The first quarter saw revenue grow 33% from the prior year and 16% from the prior quarter, with good growth in both Specialty Semiconductors (up 37%) and Performance Materials (up 21%). Gross margin improved almost a point from the prior year and six points from the prior quarter, reaching 35.1% in the first quarter. While Specialty Semiconductor margin eased slightly (down 60bp yoy to 34.4%), Performance Materials improved almost five points to 37.8%. Adjusted EBITDA rose 41%, with margin up 140bp yoy to 24.8%, and beat sell-side expectations by nearly a third. Both segments grew well, with Specialty Semiconductors up 42% (margin up 90bp to 29.1%) and Performance Materials up 67% (margin up more than eight points to 31.9%). 5N Plus continues to fill its order books for the coming years, with bookings up 62% yoy (and 13% qoq...

Most of us enjoy a good comeback story, and that's exactly what Stellantis (NYSE: STLA) hopes to achieve by the end of this decade. The struggling carmaker is putting its money where its mouth is with a $70 billion turnaround strategy that focuses not just on North America, but Europe as well, through a multipronged approach to affordable pricing as the price of new vehicles continues to rise. Stellantis is committed to driving 70% of its investment through four core brands: Jeep, Ram, Peugeot, and Fiat. If the automaker executes its strategy well, investors should be well rewarded with market-beating returns through the rest of this decade. Lost in the shuffle, though, is a key resurgence in Europe. Let's dive in. It appears that Jeep will be instrumental in reversing Stellantis' fortunes in Europe. Investors know SUVs are big business in the U.S. market, but many don't realize that small SUVs and crossovers are Europe's second-largest segment, and compact SUVs and crossovers remain the largest segment. Continue reading

SAN FRANCISCO, CA AND YEREVAN, ARMENIA / ACCESS Newswire / July 8, 2026 / Adag Group, a North American data center and mission-critical infrastructure consultancy, today announced that it has been selected by Firebird, a U.S.-based AI cloud and infrastructure ...

The cyberattack targeting a U.S. insurance giant is the largest known breach of driver's license numbers so far in 2026.

Shares of American Airlines Group (NASDAQ:AAL) are down 5% in midday trading Wednesday, leading a broad airline selloff. United Airlines (NASDAQ:UAL) shares are off 4%, while Delta Air Lines (NYSE:DAL) stock and JetBlue Airways (NASDAQ:JBLU) stock are each down 3%. The catalyst is a sharp jump in crude oil prices. Per Yahoo Finance, WTI crude ... American Airlines Sinks 5%, United Falls 4%, Delta and JetBlue Slip 3% as Crude Oil Jumps

【有線新聞】美軍連續兩晚向伊朗發動軍事打擊，總統特朗普警告若伊朗再次攻擊商船，將面臨更嚴重後果。 伊朗南部阿巴斯港、布希爾、錫里克、恰巴哈爾等地傳出密集爆炸聲，恰巴哈爾部分地區短暫停電。美軍中央司令部稱已按三軍統帥、即特朗普指示展開新一輪軍事行動，進一步削弱伊朗威脅霍爾木茲海峽航行自由的能力。 特朗普在社交平台指，今次行動是回應伊朗早前攻擊霍爾木茲海峽商船，警告德黑蘭若再次發動攻擊，後果會更嚴重。

GCShutter/iStock Unreleased via Getty Images Executive Summary Every quarterly report is binary. The stock can react well to a detail, or it can collapse because investors see weakness in a specific number. This euphoric behavior, in one direction or another, tends to be more typical of technology stocks; it's true. But the banking sector can also pose many pitfalls. That said, no one can know how the stock will react after the release of the data, so this analysis shouldn't be viewed as a buy recommendation based on the quarterly report, but rather on the direction Wells Fargo & Company ( WFC ) has been taking lately. Of course, in my opinion, the direction is to beat analysts' estimates, but as I said before, that's not the key point. The reason I'm optimistic about the stock is that WFC is changing its game. As we all know, for many years it was penalized by the Fed's asset cap, which simply limited the bank's business, effectively blocking balance sheet growth and preventing the bank from expanding its assets, loans, and client business. As you know, that cap was recently removed, and even after its removal, there were signs of recovery, with revenues growing by an average of 5% in recent quarters, average loans growing by 10% year over year, and period-end loans reaching $1,017,000. That said, I think the focus should shift to understanding whether the bank has managed to use its balance sheet as intended, whether it has managed to grow net interest income, and whether it has increased the capital returned to shareholders. I remain a buy on the stock with a target price of $105 per share (which corresponds, at current prices, to about 19% upside). The Bank Is No Longer Blocked As I said before, I believe the removal of the asset cap in June 2025 is a significant event and a true turning point for Wells Fargo. To understand this, we must start from the assumption that for a bank, the balance sheet is the true engine of its business. That is, if it has no caps, i...

百度食正AI應用爆發期 香港經濟日報HKET

While NVIDIA provides the AI brains, Marvell provides the essential nervous system. The entire AI ecosystem fundamentally requires Marvell's specialized connectivity and custom architecture to function.

Class action deadlines near for investors in ER... Pluang

格隆汇7月9日｜美国总统特朗普：我们在北约峰会上同意将国防开支占国内生产总值的比例从2%提高至5%。成员国正朝着国防开支占GDP 5%的目标取得巨大进展。

格隆汇7月9日｜美国总统特朗普：我们将看看是否能继续压低油价。我们应该保持低油价。

Kenneth Cheung/iStock Unreleased via Getty Images Tech is the rage these days. So one would think people would find ways to chase everything in the name of FOMO. FOMO, for those who are unaware, is Fear Of Missing Out. Not to be confused with its lesser-known sibling, FOMC (no, not that FOMC), which is Fear Of Margin Calls. We were surprised to find a CEF where investors are not bidding up dollars to get in line prior to a mega IPO. We go over our thoughts on this CEF today. According to their website, our protagonist aims for at least 80% technology exposure. BlackRock Technology and Private Equity Term Trust ( BTX ) (the “Trust”) investment objectives are to provide total return and income primarily through long-term capital appreciation. The Trust will invest, under normal market conditions, at least 80% of its total assets in a combination of equity securities issued by U.S. and non-U.S. technology and privately held companies. Source: BTX A little history on this one is relevant. The fund launched right at the peak of the 2021 mania when everyone was chasing SPACs and NFTs. Both those asset classes (using the term rather loosely for the latter) dropped 80% to 100% on average. It took us collectively some time to realize that laughing monkey JPEGs were not the Ponzi scheme we wanted to back. We are unsure where BTX ventured with its private tech holdings at the time of this bubble bursting, but it did not fare well. BTX The overall tech sector was also pummeled in 2022 but BTX was still a standout. BTX underperformed both the Invesco QQQ Trust ( QQQ ) and the State Street Technology Select SPDR ( XLK ) by a massive spread. It even dropped 13% more than TriplePoint Venture BDC Corp. ( TPVG ), a BDC that invests in similar emerging technology companies. In fact, 2023 and 2024 weren't impressive either in a relative way. Cumulatively, the fund was down 29% over a 3-year timeframe. It did beat TPVG but trailed XLK by a whopping 67%. The fund then decided to change i...

After he was discovered to still be alive, the 18-month-old was flown to another hospital and survived.

Chip stocks fell, reversing gains seen earlier in the session and extending recent losses. The PHLX Semiconductor Index is down 0.1%, falling alongside the broader market sell-off fueled by a reignited U.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. September E-mini S&P futures (ESU26 ) are down -0.49%, and September E-mini Nasdaq futures...

Wolterk/iStock Editorial via Getty Images The two crude oil benchmarks are the WTI futures trading on the CME’s NYMEX division and the Brent North Sea futures trading on the Intercontinental Exchange. Gasoline and heating oil futures and oil products trade on the CME’s NYMEX division. The WTI crude oil is light and sweet, with a low sulfur content. WTI is most efficiently processed into gasoline, while Brent’s slightly higher sulfur content makes it ideal for refining into heating oil. Since heating oil is a medium distillate, NYMEX heating oil futures serve as a proxy for jet and diesel fuels. Crack spreads reflect the margin for refining a barrel of crude oil into oil products. Rising crack spreads increase demand for crude oil and boost profit margins for crude oil refiners. Falling crack spreads do the opposite. Therefore, crack spreads are real-time barometers for oil demand and refinery earnings. Marathon Petroleum Corporation ( MPC ) is a leading U.S. oil refining company that has benefited from rising crack spreads in 2026. The hostilities in the Middle East that caused crude oil prices to rally had a knock-on impact on oil products and crack spreads. Gasoline And Heating Oil Crack Spreads Remain Elevated Crack spreads are real-time earnings indicators for refiners like Marathon Petroleum. Historically high crack spreads translate to stellar earnings. Quarterly Chart of the RBOB Gasoline versus WTI Crude Oil Crack Spread (CQG) The quarterly chart shows that at $53.65 per barrel, the gasoline refining spread is at its second-highest level, just below the 2022 all-time high of $61.95 when Russia, a leading oil producer, invaded Ukraine. The gasoline refining spread traded to a high of $58.09 per barrel on July 6, 2026. Quarterly Chart of the Distillate versus WTI Crude Oil Crack Spread (CQG) The quarterly chart of the distillate crack spread shows that the refining spread is elevated at $73.59 per barrel and reached a record high of $92.95 in March 2026. The 2...

The market is presenting a gift to long-term investors.

Key PointsAlphabet has emerged as a leader in artificial intelligence.

Zillow Group Inc. and Rocket Companies Inc. ’s Redfin are headed to trial next month in the US Federal Trade Commission’s challenge to an apartment-listing partnership, after a judge in Virginia declined a government request to decide the case early. US District Judge Anthony Trenga on Wednesday denied an FTC request to block the partnership for now. At a hearing in Alexandria, Trenga said too many disputes exist in the case to decide it before a trial, which is slated to start Aug. 24 and last two weeks. The FTC and a group of states sued Zillow and Redfin over the February 2025 agreement between the companies, in which Zillow paid $100 million to become the exclusive provider of information on apartment rentals offered by Redfin. Redfin, which operates the websites Rent.com and ApartmentGuide.com, exited the market for apartment-rental listings, firing staff and transferring its customer lists to Zillow. Enforcers challenged the agreement under both antitrust and merger laws, saying the arrangement effectively combined two of the three largest rental-listings services. Zillow operates a number of real estate websites including Zillow Rentals, Hotpads and Trulia. At Wednesday’s hearing, FTC lawyer Allyson Maltas argued the deal between Zillow and Redfin reduced competition for internet listing services on apartment rentals. Zillow and Redfin claim those listings compete with other types of advertising including Google search results and social media advertising, but no one disputes that listing services are a primary way that apartment managers advertise, Maltas said. The fact that apartment managers “also spend money in other ways is immaterial,” she said. But Ryan Shores , a lawyer for Zillow, said search and social media advertising are interchangeable with the listings provided by Zillow, Redfin and others like CoStar Group Inc. The court can only make that determination by hearing evidence at trial, he said. CoStar, which operates Apartments.com and 10 other w...

Lamb Weston (LW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.