The Ile de Batz was installing a section of a 28,000-mile undersea internet cable to link Europe to Asia via the Persian Gulf when the war in Iran brought things to a halt in early March. The ship’s owner declared a force majeure, and the vessel was sent back to port in Saudi Arabia, where it’s been stranded ever since. Work on the fiber-optic cable, as well as at least two other high-capacity cab...
The Ile de Batz was installing a section of a 28,000-mile undersea internet cable to link Europe to Asia via the Persian Gulf when the war in Iran brought things to a halt in early March. The ship’s owner declared a force majeure, and the vessel was sent back to port in Saudi Arabia, where it’s been stranded ever since. Work on the fiber-optic cable, as well as at least two other high-capacity cable projects in the region, has been indefinitely paused. If a permanent ceasefire is reached and activity does resume in the Gulf, installation won’t simply continue as before. The technology and telecommunications companies funding these cables will have a new problem to deal with: unexploded missiles and mines littering the seabed along or near their planned routes. They’ll likely need to rescan parts of the seafloor with magnetic and acoustic sensors to make sure everything is safe. As a result, says Hasnain Ali, a subsea cable consultant working out of the United Arab Emirates, “almost all those projects are going to be delayed.” The US-Israel war on Iran has exposed the fragility of the internet’s multibillion-dollar physical backbone. Since the start of the conflict, at least three data centers across the Gulf have been hit by drone strikes , disrupting cloud services. With data centers and subsea cables being recast as strategic infrastructure, on par with energy grids and oil refineries, adversaries increasingly view them as targets. This realization has prompted major technology companies and telecommunications firms to reassess where to locate data centers and how to route data. Saudi Arabia, the UAE and other countries in the Gulf have been magnets for investment from US cloud giants such as Amazon Web Services, Microsoft and Google, often in partnership with the region’s sovereign wealth funds. Now those bets come with a more complex risk profile. Plans for international internet cables are also being reworked. Instead of relying heavily on maritime choke points...
Some European companies operating in China are shifting more production to the country as part of broader supply chain adjustments in response to the US-Israeli war on Iran, according to a new survey by the EU Chamber of Commerce in China. The flash survey of European companies found that more than a quarter of firms had adjusted their supply chain strategies in China following the Middle East con...
Some European companies operating in China are shifting more production to the country as part of broader supply chain adjustments in response to the US-Israeli war on Iran, according to a new survey by the EU Chamber of Commerce in China. The flash survey of European companies found that more than a quarter of firms had adjusted their supply chain strategies in China following the Middle East conflict, as higher energy and logistics costs weigh on operations. Six in 10 chemicals and petroleum...
DOYLESTOWN, Pa., May 13, 2026 (GLOBE NEWSWIRE) -- Aprea Therapeutics, Inc. (Nasdaq: APRE) (“Aprea”, or the “Company”), a clinical-stage precision medicine oncology company focused on the discovery and development of targeted therapies for patients with biomarker-defined cancers, today reported financial results for the first quarter ended March 31, 2026, and provided a business update.
DOYLESTOWN, Pa., May 13, 2026 (GLOBE NEWSWIRE) -- Aprea Therapeutics, Inc. (Nasdaq: APRE) (“Aprea”, or the “Company”), a clinical-stage precision medicine oncology company focused on the discovery and development of targeted therapies for patients with biomarker-defined cancers, today reported financial results for the first quarter ended March 31, 2026, and provided a business update.
--Phase 2b PLATEAU clinical study evaluating enobosarm + semaglutide is actively enrolling and on track for i nterim analysis first quarter calendar year 2027 —
--Phase 2b PLATEAU clinical study evaluating enobosarm + semaglutide is actively enrolling and on track for i nterim analysis first quarter calendar year 2027 —
alexsl/iStock via Getty Images By Mike Larson Around the time you read this, I’ll be touching down in Texas for our 2026 MoneyShow Masters Symposium Dallas. One important trend I’ll discuss there: How we may have an interest rate problem on our hands. Take a look at the MoneyShow Chart of the Day here. It shows the yield on the 30-Year Treasury Bond going all the way back to the early 2000s. As of...
alexsl/iStock via Getty Images By Mike Larson Around the time you read this, I’ll be touching down in Texas for our 2026 MoneyShow Masters Symposium Dallas. One important trend I’ll discuss there: How we may have an interest rate problem on our hands. Take a look at the MoneyShow Chart of the Day here. It shows the yield on the 30-Year Treasury Bond going all the way back to the early 2000s. As of Tuesday afternoon, it was 5.02% - essentially the highest since 2007! US 30-Year Treasury Bond Yield (2003-2026) (Source: TradingView) This isn’t just a US phenomenon, either. It’s happening around the world. UK bond yields just hit their highest since 1998, for instance! Plus, we got the triple whammy yesterday of higher oil prices, higher inflation data, and higher bond yields - all in one day. When it comes to the stock market impact of higher interest rates, I always default to my “Three ‘F’ Rule.” When rates rise Far enough, Fast enough, and For long enough, they can hammer the equity market. If the move is more gradual, it will only lead to rotational action. You’ll see money moving out of growth names and into value stocks, for instance, or out of tech and into financials. It’s no coincidence that the State Street Financial Select Sector SPDR ETF ( XLF ) rose 0.7% yesterday, while the State Street Technology Select Sector SPDR ETF ( XLK ) fell 1.5%. Nor is it coincidence that the iShares Russell 2000 Growth ETF ( IWO ) notably underperformed the iShares Russell 2000 Value ETF ( IWN ). A lot of people are overweight a lot of tech names - especially in subsectors like semiconductors. If yields catch fire, it’s likely going to put pressure on them. Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors. Originally published on MoneyShow.com
LendingClub (NYSE: LC) has decided to rebrand; soon, this incumbent fintech leader will change its name to Happen Bank. Investors may be skeptical that a mere name change can turn a stock's fortunes around. But when a company's fundamentals steadily improve amid massive undervaluation, well, a name change to reflect a better business model could be just the catalyst for a higher stock price. Lendi...
LendingClub (NYSE: LC) has decided to rebrand; soon, this incumbent fintech leader will change its name to Happen Bank. Investors may be skeptical that a mere name change can turn a stock's fortunes around. But when a company's fundamentals steadily improve amid massive undervaluation, well, a name change to reflect a better business model could be just the catalyst for a higher stock price. LendingClub began in 2006 as a peer-to-peer lending platform, enabling retail investors to buy high-yield loans from unsecured personal loan borrowers, underwritten by LendingClub's tech-enabled risk models. Continue reading
Britain Is Pricing Its Factories Into Oblivion Authored by Ted Newson via CapX , At its peak, Britain was known as the workshop of the world. Sheffield produced high-quality steel, Manchester still had a strong textiles sector and the West Midlands was world-renowned for its cars. Glasgow, Sunderland and Newcastle were shipbuilding hubs, Stoke-on-Trent produced ceramics. Cities around Britain prov...
Britain Is Pricing Its Factories Into Oblivion Authored by Ted Newson via CapX , At its peak, Britain was known as the workshop of the world. Sheffield produced high-quality steel, Manchester still had a strong textiles sector and the West Midlands was world-renowned for its cars. Glasgow, Sunderland and Newcastle were shipbuilding hubs, Stoke-on-Trent produced ceramics. Cities around Britain provided steady employment for skilled tradespeople, keeping communities together and wealth distributed around the country. In the 1980s and ’90s, this was underpinned by looser employment regulations and strong energy security through North Sea oil and gas . Businesses could hire who they wanted, for a wage they were comfortable paying and without soaring energy bills to worry about. Just ten years ago , electricity prices were around £31/MWh, today they have almost tripled to around £90/MWh. When competitors such as the United States don’t have a nationwide carbon tax while Britain has had a carbon price floor since 2013, it is easy to see how business can quickly become uncompetitive. Britain’s industrial sector was promised lower energy bills through renewables; instead, it is paying higher prices and additional taxes to subsidise green policies. The Climate Change Committee recently forecast offshore wind electricity prices of £35/MWh by 2040, the reality suggests that this is unlikely. Using intermittent renewables to power energy-intensive industries brings with it its own problems, creating high energy prices in wind and solar droughts when domestic firm power isn’t readily available. Even by 1990, around one-sixth of Britain’s GDP came from the manufacturing industry. The country was still in the top five global manufacturing powers and possessed competitive steel, car, and chemical industries. At this time, our industrial energy prices were reasonably similar to the rest of Europe, with allies like Germany and Italy paying more than the UK. Today, the UK’s industrial...
Norway’s biggest energy producer is to hold talks with major European consumers on whether they would support projects to recover costlier oil and gas supplies. Equinor ASA will sound out customers, including Germany, on making the longer-term financial commitments needed for the projects, according to people familiar with the matter, who asked not to be identified discussing a private matter. Gov...
Norway’s biggest energy producer is to hold talks with major European consumers on whether they would support projects to recover costlier oil and gas supplies. Equinor ASA will sound out customers, including Germany, on making the longer-term financial commitments needed for the projects, according to people familiar with the matter, who asked not to be identified discussing a private matter. Government officials from Germany, the UK, Belgium, Poland and the Netherlands are due to attend a May 18 event in Oslo hosted by gas pipeline operator Gassco . The gathering comes as consumers around the world struggle with higher oil and gas prices, with the Middle East war continuing to rattle energy markets. Equinor — which faces declining North Sea production over the next decade — is seeking to stabilize output and wants to tap wells that previously were dismissed as too costly, according to one of the people. That includes a longer-term goal for more drilling in the Arctic region, according to the person, with Norway currently lobbying the European Union to soften its opposition to the idea. A spokesperson for majority state-owned Equinor said that the company couldn’t comment on the Oslo event, nor on discussions with customers. Equinor is among several companies that have drilled in Norwegian ice-free waters north of the Arctic Circle for decades, the company added. “Equinor is undertaking a large reorganization to accelerate the development of smaller pools of resources close to their existing fields,” said Tim Bjerkelund , an Oslo-based partner with Rystad Energy. “Keeping production flat over the next decade would be a great achievement for them and the other operators.” Norway has become Germany’s main supplier of natural gas and accounts for almost half of all imports , replacing most of the cheaper shipments piped from Russia until 2022. The Nordic country is also a top supplier of oil to Germany. Read More (Feb. 4): Equinor Sees Sverdrup Oil Field’s Output Decl...
ABN AMRO Bank N.V. press release ( AAVMY ): Q1 EPS of €0.78 Net interest income (NII) amounted to € 1,637 million in Q1 2026 (Q1 2025: € 1,560 million) and grew by € 77 million compared with the same quarter last year, mainly driven by improved commercial NII. More on ABN AMRO Bank N.V. ABN AMRO Bank N.V. (AAVMY) Shareholder/Analyst Call - Slideshow ABN AMRO Bank N.V. (AAVMY) Shareholder/Analyst C...
ABN AMRO Bank N.V. press release ( AAVMY ): Q1 EPS of €0.78 Net interest income (NII) amounted to € 1,637 million in Q1 2026 (Q1 2025: € 1,560 million) and grew by € 77 million compared with the same quarter last year, mainly driven by improved commercial NII. More on ABN AMRO Bank N.V. ABN AMRO Bank N.V. (AAVMY) Shareholder/Analyst Call - Slideshow ABN AMRO Bank N.V. (AAVMY) Shareholder/Analyst Call Transcript ABN AMRO Bank N.V. (AAVMY) Presents at European Financials Conference 2026 Transcript Historical earnings data for ABN AMRO Bank N.V. Dividend scorecard for ABN AMRO Bank N.V.