The U.S. war against Iran continues to dominate headlines, even though it's apparently currently in ceasefire mode (aside from the occasional naval blockade or counterblockade). Two months into the conflict, with the guns having finally ceased blazing, Pentagon Comptroller Jay Hurst told Congress last week that the war cost U.S. taxpayers $25 billion. (This sounds like a lot, but it's actually a w...
The U.S. war against Iran continues to dominate headlines, even though it's apparently currently in ceasefire mode (aside from the occasional naval blockade or counterblockade). Two months into the conflict, with the guns having finally ceased blazing, Pentagon Comptroller Jay Hurst told Congress last week that the war cost U.S. taxpayers $25 billion. (This sounds like a lot, but it's actually a whole lot less than the $80 billion to $100 billion The Washington Post estimated last month , and much, much less than the $8 trillion spent to fund the 20-year-long Global War on Terror ( GWoT .) So is this the end? Just $25 billion and done? Or will peace talks fall apart and the Mideast conflict revive? Continue reading
China has built the world’s first dual core quantum computer, a development that could “significantly enhance” efficiency, official media has reported. The breakthrough signalled that Chinese quantum computing technology was “entering a new stage”, according to the official newspaper Science and Technology Daily. While other quantum computers rely on high energy consumption and need to be run in t...
China has built the world’s first dual core quantum computer, a development that could “significantly enhance” efficiency, official media has reported. The breakthrough signalled that Chinese quantum computing technology was “entering a new stage”, according to the official newspaper Science and Technology Daily. While other quantum computers rely on high energy consumption and need to be run in temperatures close to absolute zero, the design of this computer uses neutral atoms – which consume...
Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO) have been leaders in an area that's seen explosive demand over the past few years: the weight loss drug market. And growth is far from over. Analysts expect this market to expand to nearly $100 billion by the end of this decade. Novo was the first to enter, with semaglutide. Though this product was initially approved as Ozempic for type 2 diabetes...
Eli Lilly (NYSE: LLY) and Novo Nordisk (NYSE: NVO) have been leaders in an area that's seen explosive demand over the past few years: the weight loss drug market. And growth is far from over. Analysts expect this market to expand to nearly $100 billion by the end of this decade. Novo was the first to enter, with semaglutide. Though this product was initially approved as Ozempic for type 2 diabetes back in 2017, it won the OK as Wegovy for obesity soon afterward. Regulators also gave the nod to Lilly for its tirzepatide, sold as Mounjaro and Zepbound for those indications, respectively. These products are part of the hot class of drugs known as GLP-1, and they've been the talk of the town worldwide thanks to their ability to help people along the path to weight loss. Though Novo led the market in its early days, last year Lilly slipped ahead with 60% share in the U.S. market. At the time, both companies sold uniquely injectable GLP-1 drugs. Today, however, a new growth catalyst has emerged, and it's the GLP-1 pill. Both companies recently won approval for their oral drugs, and now the race is on to see which one emerges as the leader. With this in mind, is the following news from Novo a warning for Lilly shareholders? Let's find out. Continue reading
summerphotos/iStock via Getty Images Performance assessment Broadcom ( AVGO ) has undergone a period of correction and has only recently started to catch up to the market since my last update on the stock: Performance since HA's Last Article on AVGO (Seeking Alpha, HA's Last Article on AVGO) Elevator pitch Although AVGO has underperformed since my last 'Buy' call on the stock, I have increased con...
summerphotos/iStock via Getty Images Performance assessment Broadcom ( AVGO ) has undergone a period of correction and has only recently started to catch up to the market since my last update on the stock: Performance since HA's Last Article on AVGO (Seeking Alpha, HA's Last Article on AVGO) Elevator pitch Although AVGO has underperformed since my last 'Buy' call on the stock, I have increased confidence in my outlook: AI semiconductor revenue is set to ramp up in an explosive way Scaling up of AI racks will not erode gross margins Supply chain bottlenecks are a risk to monitor as they can delay revenue realization The stock has gotten cheaper; the business has gotten better Momentum is healthy after a low-volatility squeeze and breakout AI semiconductor revenue is set to ramp up in an explosive way Broadcom is on track to deploy nearly 10 GW (enough to power 7.5M homes) of compute capacity in 2027, driven by 6 large, multi-year partnerships with hyperscalers and AI foundational model companies Anthropic ( ANTHRO ) and OpenAI ( OPENAI ). This is primarily via AI XPUs: ...our collaboration with these 6 customers to develop AI XPUs is deep, strategic and multiyear. We bring to the partnerships, each of them, unmatched technology in SerDes, silicon design, process technology, advanced packaging and networking to enable each of these customers to achieve optimal performance for their differentiated LLM workloads. We have the track record to deliver these XPUs and high volumes at an accelerated time to market with very high yields. - CEO Hock Tan in the Q1 FY26 earnings call AI XPUs refer to custom AI accelerator chips that are co-designed with specific hyperscaler cloud environments such as Google's ( GOOGL ) ( GOOG ) TPUs and Meta's ( META ) MTAI SerDes is a circuit that converts parallel digital data into one serial stream for high-speed data transmission, then converts it back to parallel data at the receiving end. Ultimately, this is leading to a massive $100B AI re...
summerphotos/iStock via Getty Images Performance assessment Broadcom ( AVGO ) has undergone a period of correction and has only recently started to catch up to the market since my last update on the stock: Performance since HA's Last Article on AVGO (Seeking Alpha, HA's Last Article on AVGO) Elevator pitch Although AVGO has underperformed since my last 'Buy' call on the stock, I have increased con...
summerphotos/iStock via Getty Images Performance assessment Broadcom ( AVGO ) has undergone a period of correction and has only recently started to catch up to the market since my last update on the stock: Performance since HA's Last Article on AVGO (Seeking Alpha, HA's Last Article on AVGO) Elevator pitch Although AVGO has underperformed since my last 'Buy' call on the stock, I have increased confidence in my outlook: AI semiconductor revenue is set to ramp up in an explosive way Scaling up of AI racks will not erode gross margins Supply chain bottlenecks are a risk to monitor as they can delay revenue realization The stock has gotten cheaper; the business has gotten better Momentum is healthy after a low-volatility squeeze and breakout AI semiconductor revenue is set to ramp up in an explosive way Broadcom is on track to deploy nearly 10 GW (enough to power 7.5M homes) of compute capacity in 2027, driven by 6 large, multi-year partnerships with hyperscalers and AI foundational model companies Anthropic ( ANTHRO ) and OpenAI ( OPENAI ). This is primarily via AI XPUs: ...our collaboration with these 6 customers to develop AI XPUs is deep, strategic and multiyear. We bring to the partnerships, each of them, unmatched technology in SerDes, silicon design, process technology, advanced packaging and networking to enable each of these customers to achieve optimal performance for their differentiated LLM workloads. We have the track record to deliver these XPUs and high volumes at an accelerated time to market with very high yields. - CEO Hock Tan in the Q1 FY26 earnings call AI XPUs refer to custom AI accelerator chips that are co-designed with specific hyperscaler cloud environments such as Google's ( GOOGL ) ( GOOG ) TPUs and Meta's ( META ) MTAI SerDes is a circuit that converts parallel digital data into one serial stream for high-speed data transmission, then converts it back to parallel data at the receiving end. Ultimately, this is leading to a massive $100B AI re...
felixmizioznikov/iStock Editorial via Getty Images Introduction I last covered UMH Properties ( UMH ) in March 2026 , resuming coverage after almost 3 years. I had a “Buy” rating on the company. With the recent release of the company’s Q1 2026 results , I re-evaluate the company again. At its current share price of $16/share, the company remains a “Buy” for me, with a price target of $18/share. A ...
felixmizioznikov/iStock Editorial via Getty Images Introduction I last covered UMH Properties ( UMH ) in March 2026 , resuming coverage after almost 3 years. I had a “Buy” rating on the company. With the recent release of the company’s Q1 2026 results , I re-evaluate the company again. At its current share price of $16/share, the company remains a “Buy” for me, with a price target of $18/share. A Solid Q1 UMH Properties had a solid start to the year. The company reported $65.8 million in total income for the quarter, an 8% increase compared to Q1 2025. This was largely driven by a 9% increase in rental and related income to $59.5 million. Normalized Funds From Operations (FFO) came in at $19.4 million, a 2.8% increase year-on-year. However, on a per-share basis, normalized FFO remained the same at $0.23/share due to a 3.1% increase in share count over the year. Net income attributable to common shareholders was $2.6 million, a significant improvement on the net loss of $271,000 in Q1 2025. It should be noted that during the earnings call , management highlighted that results were affected by an unusually harsh winter during the quarter, leading to elevated maintenance costs and lower home sales. Looking ahead to the rest of the year, management tightened guidance for normalized FFO to between $0.98/share and $1.04/share (previously $0.97/share to $1.05/share), with the midpoint of $1.01/share representing a 6.3% increase on 2025 figures. An Exceptional Organic Growth Engine One of the most compelling aspects of UMH Properties is its multi-year organic growth runway. The company has 3,300 existing vacant lots to fill and over 2,300 vacant acres available for approximately 9,300 future lots. These assets have already been paid for, with the interest expense already included in the company’s profit and loss statements, meaning each additional occupied unit represents pure NOI growth. The company’s primary growth engine comes from its rental home program. Each new renta...
As soccer fans turn their attention to the future of the sport in the States, we revisit four oft-overlooked moments – and one famous kick – that shaped its past This was originally published in the newsletter The World Behind the Cup. Sign up for it here . The last time the US hosted the men’s World Cup in 1994, many Americans viewed soccer as a game they watched their kids play on Saturday morni...
As soccer fans turn their attention to the future of the sport in the States, we revisit four oft-overlooked moments – and one famous kick – that shaped its past This was originally published in the newsletter The World Behind the Cup. Sign up for it here . The last time the US hosted the men’s World Cup in 1994, many Americans viewed soccer as a game they watched their kids play on Saturday mornings, not the world’s most beloved sport. Thirty-two years later, the sport has exploded in popularity and the USA have become a regular fixture at World Cups. But many people don’t realize the US’s World Cup history extends all the way back to the first tournament staged – when the US men had their best-ever finish, reaching the semi-finals. The tale of those connected with the US team is often bleak, but it’s also more deeply rooted and richer than is often appreciated. As US soccer fans turn their attention to the future of the sport, we revisit four often overlooked moments – and one widely celebrated kick – of the USA’s early World Cup history. This was originally published in the newsletter The World Behind the Cup. Sign up for it here . Continue reading...
The contrast between the dense, layered building and the clean lines of the cab make for a winning image William Shum describes Yau Ma Tei, the Hong Kong district in which he took this photo, as “one of the region’s older and most characterful districts. I’m always drawn to this area because it feels authentic and full of local life. Older residential buildings, street-level shops and constant tra...
The contrast between the dense, layered building and the clean lines of the cab make for a winning image William Shum describes Yau Ma Tei, the Hong Kong district in which he took this photo, as “one of the region’s older and most characterful districts. I’m always drawn to this area because it feels authentic and full of local life. Older residential buildings, street-level shops and constant traffic show a very recognisable side of the city.” Shum’s eye was drawn to the contrast between the passing vehicle in the foreground and the residential building in the background. “The building is full of repeating windows and air-conditioning units, which creates a dense and layered background, while in front the taxi appears in a very simple and clean shape,” he says. “Two things are instantly recognisable here: the city’s compact residential architecture and its iconic red taxis. This image brings those together.” Continue reading...
Second season of BBC hit has attracted one of the most high-profile casts ever assembled for a reality TV show If it were any other show, the sight of the comedian Alan Carr sobbing under the burden of his dishonesty may have been enough to put off any celebrity thinking about accepting a place in the perilous Traitors’ castle. Yet the second season of The Celebrity Traitors, being filmed at its n...
Second season of BBC hit has attracted one of the most high-profile casts ever assembled for a reality TV show If it were any other show, the sight of the comedian Alan Carr sobbing under the burden of his dishonesty may have been enough to put off any celebrity thinking about accepting a place in the perilous Traitors’ castle. Yet the second season of The Celebrity Traitors, being filmed at its now famous Highlands retreat , has managed to attract one of the most high-profile casts ever assembled for a reality TV show. Continue reading...
Live Premier League updates from 12.30pm BST Why not email Scott | See the latest standings Rubberneckers assemble! At the end of this game, chances are someone, somewhere is going to be fuming . Fuming and raging and throwing a tanty, because neither of these teams are in a good place, and things could get gnarly if and when it gets even worse. If Chelsea lose, it’ll be seven league defeats on th...
Live Premier League updates from 12.30pm BST Why not email Scott | See the latest standings Rubberneckers assemble! At the end of this game, chances are someone, somewhere is going to be fuming . Fuming and raging and throwing a tanty, because neither of these teams are in a good place, and things could get gnarly if and when it gets even worse. If Chelsea lose, it’ll be seven league defeats on the bounce, a run of misery suffered just once before in their history, and that 74 years ago, so imagine the ire if that transpires. But should they snap that run against Liverpool, an abject shower at Old Trafford last weekend losing their fifth match in eight, it’ll be the home fans telling each other, and the phone-ins, and the internet, exactly how they see it. Oh my. So whoever you support, whether or not you have any skin in the game, an afternoon of wild emotional tumult stretches out ahead of us all. Kick-off is at 12.30pm BST. It’s on! Continue reading...
Cadets from the nation's Merchant Marine academies are finding lots of demand and great salaries because of a shortage of licensed mariners. (Image credit: SUNY Maritime College)
Cadets from the nation's Merchant Marine academies are finding lots of demand and great salaries because of a shortage of licensed mariners. (Image credit: SUNY Maritime College)
The Supreme Court weakened minority voting rights and prompted Republicans in four states to move to redistrict as part of Trump's push. A court nullified Democratic redistricting in Virginia.
The Supreme Court weakened minority voting rights and prompted Republicans in four states to move to redistrict as part of Trump's push. A court nullified Democratic redistricting in Virginia.
Soccer — or football as it's known around the globe — was far from mainstream in the U.S. leading up to the 1994 World Cup. But in the end, the tournament was considered a resounding success. How exactly did that happen? (Image credit: Lois Bernstein)
Soccer — or football as it's known around the globe — was far from mainstream in the U.S. leading up to the 1994 World Cup. But in the end, the tournament was considered a resounding success. How exactly did that happen? (Image credit: Lois Bernstein)