Lofty expectations have hung high over Bloom Energy (NYSE: BE) , making its first-quarter 2026 earnings results on April 28 fuel to send the stock price into a breakout or a slump. The company reported earnings that sent shares soaring the next day. The stock had already skyrocketed in 2026 before the report, so it's a good time to stop, catch a breather, and decide on what to do next when conside...
Lofty expectations have hung high over Bloom Energy (NYSE: BE) , making its first-quarter 2026 earnings results on April 28 fuel to send the stock price into a breakout or a slump. The company reported earnings that sent shares soaring the next day. The stock had already skyrocketed in 2026 before the report, so it's a good time to stop, catch a breather, and decide on what to do next when considering Bloom Energy as an investment. Continue reading
As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies...
As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027. (Source: Bloomberg)
Getty Images Nebius: Benefiting From The Compute-Hungry Hyperscalers! Big move from the AI infrastructure value chain in the past few weeks. Certainly, Big Tech’s earnings season for Q1 has not gone unnoticed. Especially not since AI capital expenditure is now going through the roof, finally surpassing the $700 billion mark for 2026, as the AI arms race intensifies. US big tech AI infrastructure s...
Getty Images Nebius: Benefiting From The Compute-Hungry Hyperscalers! Big move from the AI infrastructure value chain in the past few weeks. Certainly, Big Tech’s earnings season for Q1 has not gone unnoticed. Especially not since AI capital expenditure is now going through the roof, finally surpassing the $700 billion mark for 2026, as the AI arms race intensifies. US big tech AI infrastructure spending plans (Bloomberg) No surprises, then, that even the neoclouds like Nebius Group N.V. ( NBIS ) have benefited immensely, as the rush to build and load up on compute capacity has gone into overdrive. In the interim, I believe we understand that hyperscalers are (still) tapping into the neoclouds to bolster their compute footprint, as they face constraints of their own. Nebius agreement with Meta (Nebius) Back in March, after nailing the $2B of investment by Nvidia ( NVDA ), NBIS followed up with Meta Platforms ( META ) by inking a 5-year agreement with a total contract worth $27B of “dedicated capacity across multiple locations.” Yet, I’ve also been crystal clear that these capacity additions may not necessarily confer a longer-term sustainable advantage. Unless Nebius can ramp up its efforts to differentiate itself against the hyperscalers beyond infrastructure. Obviously, the hyperscalers monetize across the stack, depending on their immense scalability to continue driving profits. For NBIS, I believe one of the key advantages of its strategy is that it has tried to maintain financial prudence while scaling up its AI capacity. Hence, it has also positioned the company well to work out potentially accretive M&As that could help bolster its position beyond the infrastructure layer, which has always been part of its overarching game plan. Nebius Acquires Eigen AI to Ramp Up Inferencing Opportunities Nebius acquires Eigen AI (Nebius) In comes the deal with Eigen AI. The deal costs NBIS a total of $643M , which the company is funding through a mix of cash ($98M) and the ...
Corning (NYSE:GLW) and Meta have started a $6b expansion of Corning's optical cable plant in North Carolina. The project is intended to support AI data center growth and strengthen US based fiber supply. The expansion represents a multi year commitment between Corning and a large technology partner focused on AI infrastructure. Corning, trading at $158.26, has seen very strong share price performa...
Corning (NYSE:GLW) and Meta have started a $6b expansion of Corning's optical cable plant in North Carolina. The project is intended to support AI data center growth and strengthen US based fiber supply. The expansion represents a multi year commitment between Corning and a large technology partner focused on AI infrastructure. Corning, trading at $158.26, has seen very strong share price performance, with the stock up 74.5% year to date and 251.1% over the past year. The new expansion with...
JHVEPhoto/iStock Editorial via Getty Images Detroit’s biggest carmakers say rising commodity prices tied to the Middle East conflict could add roughly $5 billion to industry costs this year, increasing pressure on already thin profit margins. General Motors ( GM ), Ford ( F ) and Stellantis ( STLA ) all cited higher raw-material and supply-chain expenses during first-quarter earnings reports, the ...
JHVEPhoto/iStock Editorial via Getty Images Detroit’s biggest carmakers say rising commodity prices tied to the Middle East conflict could add roughly $5 billion to industry costs this year, increasing pressure on already thin profit margins. General Motors ( GM ), Ford ( F ) and Stellantis ( STLA ) all cited higher raw-material and supply-chain expenses during first-quarter earnings reports, the Financial Times reported Sunday. Executives said they are trying to offset the damage through tighter cost controls, but prolonged disruption could eventually force higher vehicle prices or fewer discounts. GM ( GM ) said inflation tied to commodities, freight and memory chips could cut annual adjusted operating profit by as much as $2 billion, above its prior estimate of $1.5 billion. Ford ( F ) warned of up to $2 billion in supply-chain related costs, while Stellantis (STLS) projected about €1 billion in impact next year. The new burden comes on top of an estimated $6 billion hit from higher U.S. tariffs. Automakers have so far been shielded by fixed-price supplier contracts, but analysts said those protections may fade if the conflict and shipping disruptions continue. A longer closure of the Strait of Hormuz could raise costs for metals, plastics, paint and other inputs. Aluminum ( LMAHDS03:COM ) has emerged as a major concern. Prices on the London Metal Exchange have jumped sharply since the war began, threatening to add hundreds or even thousands of dollars to vehicle production costs depending on how long the rally lasts. Ford ( F ) was already dealing with aluminum shortages after fires at a supplier plant disrupted production of its F-Series pickups. The company has since relied on imported metal, adding further expense. Carmakers are also facing higher DRAM chip prices as semiconductor manufacturers prioritize more profitable AI-related demand over older automotive components. Passing those costs to consumers will be difficult. Vehicle prices remain elevated after...
Everyone today talks about how the AI and data center boom is driving a surge in energy demand. But motivational speaker Tony Robbins was already there before it became a headline. Investing in a power plant in West Virginia turned...
Everyone today talks about how the AI and data center boom is driving a surge in energy demand. But motivational speaker Tony Robbins was already there before it became a headline. Investing in a power plant in West Virginia turned...
Tight decisions and Arsenal’s fragility from set pieces saw French side through to Women’s Champions League final Fine margins defined this football match. Just a few centimetres, in the key moments. As OL Lyonnes owner Michele Kang celebrated on the pitch, arm-in-arm with her players with the Arsenal squad’s faces a picture of total dejection, those tiny differentials will have felt wider than th...
Tight decisions and Arsenal’s fragility from set pieces saw French side through to Women’s Champions League final Fine margins defined this football match. Just a few centimetres, in the key moments. As OL Lyonnes owner Michele Kang celebrated on the pitch, arm-in-arm with her players with the Arsenal squad’s faces a picture of total dejection, those tiny differentials will have felt wider than the Rhone which runs through the city. Arsenal’s reign as European champions has ended . Up in the top tier, overlooking the scene with almost a bird’s-eye view, around 600 Arsenal fans had reason to be proud but ultimately were despondent. It was barely the thickness of a French baguette that had kept Jule Brand onside when her late winning goal for OL Lyonnes was reviewed by the VAR. In similarly agonising fashion, Arsenal’s Daphne van Domselaar stepped off her line just too early when initially saving a first-half penalty, which Wendie Renard retook and scored. But if those travelling Arsenal supporters were reflecting honestly, Lyonnes were worthy winners. Continue reading...
Donald Trump’s latest attacks on US allies in Europe – including the order to withdraw troops from Germany and threats to do the same in Italy and Spain – may help to relieve the pressure on China. For now, Beijing’s priority should be to deny the US the chance to “redirect attention towards China” and let Washington’s own actions do the work, some analysts have argued. Trump has escalated his att...
Donald Trump’s latest attacks on US allies in Europe – including the order to withdraw troops from Germany and threats to do the same in Italy and Spain – may help to relieve the pressure on China. For now, Beijing’s priority should be to deny the US the chance to “redirect attention towards China” and let Washington’s own actions do the work, some analysts have argued. Trump has escalated his attacks on European allies in his second term, threatening to quit Nato over their refusal to support...
The Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) tries to solve a problem most retail investors run into when they try to express an AI thesis: picking the right name. Buy a chipmaker and you miss the cloud platforms. Buy a hyperscaler and you miss the foundry layer. AIQ tracks the Indxx Artificial Intelligence ... The $700 Billion Spending Cycle That Will Define AIQ’s Next 12 Mo...
The Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) tries to solve a problem most retail investors run into when they try to express an AI thesis: picking the right name. Buy a chipmaker and you miss the cloud platforms. Buy a hyperscaler and you miss the foundry layer. AIQ tracks the Indxx Artificial Intelligence ... The $700 Billion Spending Cycle That Will Define AIQ’s Next 12 Months
This simple Spanish classic will convince even staunch fava-phobics to give beans a chance I always feel sorry for broad beans, the lumpy cousin perpetually overshadowed by the charms of slender, elegant asparagus and sweet, bouncy, little peas. They’re in season at roughly the same time, but asparagus in particular gets all the glory, perhaps because so many of us are scarred by childhood experie...
This simple Spanish classic will convince even staunch fava-phobics to give beans a chance I always feel sorry for broad beans, the lumpy cousin perpetually overshadowed by the charms of slender, elegant asparagus and sweet, bouncy, little peas. They’re in season at roughly the same time, but asparagus in particular gets all the glory, perhaps because so many of us are scarred by childhood experiences of large, grey wrinkly beans served in a floury white sauce (my own parents are so averse to the things that I vividly remember the first time I came across them on a Sunday roast as a teenager and had to ask a friend what they were). Unsurprising though it is, given our general scepticism with regard to pulses, the British lack of enthusiasm for the broad bean is a particular shame, because it’s been an important part of the European diet since ancient times. As the Oxford Companion to Food explains, however, they are also linked to a “superstitious dread” possibly associated with “a general belief that the souls of the dead might migrate into beans”. Having eaten a lot of the things in the process of writing this piece, I can reassure nervous readers that no haunting has yet taken place, and that this Spanish way with them is all but guaranteed to convince even the staunchest of fava phobics. Go on: give them a try. Continue reading...
Artemis II inspired the public but the Trump administration wants to slash the science underpinning human spaceflight It should have been a victory lap for Jared Isaacman. The Nasa administrator was in Washington DC for what he surely hoped would be a celebration with lawmakers and the US president, little more than two weeks after the successful conclusion of the first human journey around the mo...
Artemis II inspired the public but the Trump administration wants to slash the science underpinning human spaceflight It should have been a victory lap for Jared Isaacman. The Nasa administrator was in Washington DC for what he surely hoped would be a celebration with lawmakers and the US president, little more than two weeks after the successful conclusion of the first human journey around the moon in more than half a century. Instead, last week began with some difficult questions in Congress about the Trump administration’s unpopular plan to slash the space agency’s budget. It ended at the White House with the president appearing to poke fun at his prominent ears , watched by four bemused Artemis II astronauts waiting in vain for any question about their historic mission. Continue reading...
You’d be surprised how damp and smelly dollar bills get, Alejandro Lamas says, when they’ve been squirreled away under a mattress for years. He’s gotten so many stacks of them from Argentines he’s sold used cars to over the years that he’s a bit of a connoisseur. Slip him a counterfeit and he knows at first touch. It’s a skill that’s just as important to him today as it was when Lamas peddled his ...
You’d be surprised how damp and smelly dollar bills get, Alejandro Lamas says, when they’ve been squirreled away under a mattress for years. He’s gotten so many stacks of them from Argentines he’s sold used cars to over the years that he’s a bit of a connoisseur. Slip him a counterfeit and he knows at first touch. It’s a skill that’s just as important to him today as it was when Lamas peddled his very first used car in Buenos Aires four decades ago, and it looks like it will be for the foreseeable future. President Javier Milei ’s latest effort to coax Argentine savers to deposit their cash in dollar-denominated accounts is struggling to gain traction, highlighting the singular distrust citizens still have for the government and banks. Almost 25 years after a financial crisis that saw the government forcibly convert dollar deposits into pesos that quickly lost 75% of their value, attempts to restore confidence have barely moved the needle. So when savers have extra money to put away for a rainy day or a big purchase, they buy dollars; and many of them keep them in cash. “Some people are still afraid,” Lamas said at his lot, where an almost new Toyota Corolla Cross was listed for about $30,000. “Governments here have done all kinds of crazy things in the past — how could you trust them?” Officials estimate roughly $170 billion sits outside banks. Unlocking even a fraction of that by putting it to work in the formal financial system could help revive South America’s second-largest economy and unleash the growth that Milei promised would be the reward for enduring harsh austerity measures after years of debt-fueled spending. While Wall Street has embraced Milei — rewarding his fiscal restraint by buying up bonds and other assets — a new set of incentives called Fiscal Innocence has so far failed to trigger a meaningful shift among savers. Dollar deposits have risen less than $1 billion since it debuted in February. The program aims to encourage Argentines to bring unde...
This is The Stepback , a weekly newsletter breaking down one essential story from the tech world. For more on how AI is changing music and the music industry, follow Terrence O'Brien . The Stepback arrives in our subscribers' inboxes at 8AM ET. Opt in for The Stepback here . How it started The use of generative AI in pop music started almost as a gimmick. There was a sense of experimentalism to 20...
This is The Stepback , a weekly newsletter breaking down one essential story from the tech world. For more on how AI is changing music and the music industry, follow Terrence O'Brien . The Stepback arrives in our subscribers' inboxes at 8AM ET. Opt in for The Stepback here . How it started The use of generative AI in pop music started almost as a gimmick. There was a sense of experimentalism to 2018's I AM AI by Taryn Southern and 2019's Proto by Holly Herndon , albums that were created with significant assistance from AI. Others got in on the action too, exploring the outer limits of tools like Google's Magenta and even training their own mod … Read the full story at The Verge.
Jamie Oliver’s head of restaurants is optimistic about new recipe of smaller site, slimmed-down menu and no burgers When Jamie’s Italian crashed and burned in 2019, with the company in £83m of debt and causing 1,000 job losses, no one imagined the celebrity chef would try again. But seven years later, Jamie Oliver has opened a flagship site under the same name in Leicester Square in central London...
Jamie Oliver’s head of restaurants is optimistic about new recipe of smaller site, slimmed-down menu and no burgers When Jamie’s Italian crashed and burned in 2019, with the company in £83m of debt and causing 1,000 job losses, no one imagined the celebrity chef would try again. But seven years later, Jamie Oliver has opened a flagship site under the same name in Leicester Square in central London, and believes he has a new recipe for success: a smaller restaurant with a slimmed-down menu, which features cheaper cuts of meat and no burgers. Continue reading...
House panel divided on whether Trump should pardon Maxwell so she can cooperate with Epstein investigation The possibility of clemency for Jeffrey Epstein accomplice Ghislaine Maxwell , however unlikely, has long outraged survivors and their advocates who view the former British socialite’s lengthy jail sentence as giving them some justice in the long-running saga. Recent reporting that a pardon f...
House panel divided on whether Trump should pardon Maxwell so she can cooperate with Epstein investigation The possibility of clemency for Jeffrey Epstein accomplice Ghislaine Maxwell , however unlikely, has long outraged survivors and their advocates who view the former British socialite’s lengthy jail sentence as giving them some justice in the long-running saga. Recent reporting that a pardon for Maxwell is now being discussed supportively in some circles, however, has highlighted how Epstein and Maxwell remain a political minefield for Republicans and Donald Trump – while presenting yet another blow to survivors’ fight for transparency. Continue reading...
Hong Kong police are searching for a man suspected of causing criminal damage to the sign outside the United States consulate in Central. Police received a report at around 2.40pm on Sunday from consulate staff that the sign on the exterior wall of the premises on Garden Road showed signs of tampering. Officers at the scene discovered the first “S” in the “States” had been partially dislodged from...
Hong Kong police are searching for a man suspected of causing criminal damage to the sign outside the United States consulate in Central. Police received a report at around 2.40pm on Sunday from consulate staff that the sign on the exterior wall of the premises on Garden Road showed signs of tampering. Officers at the scene discovered the first “S” in the “States” had been partially dislodged from the wall. The rest of the sign was undamaged. Authorities are searching for a man in connection...
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 4% in the morning session after the company reported strong first-quarter 2026 results that surpassed Wall Street's expectations for both revenue and profit.
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 4% in the morning session after the company reported strong first-quarter 2026 results that surpassed Wall Street's expectations for both revenue and profit.
baona/E+ via Getty Images Overview Whitecap Resources ( WCP:CA )( WCPRF ) is a larger Canadian oil & natural gas producer. The company merged with Veren last year and is now one of the largest oil & natural gas producers in Canada. Whitecap is listed in Canada and has an OTC listing in the United States. The reporting currency is Canadian dollars, which I will denote as C$ throughout the article. ...
baona/E+ via Getty Images Overview Whitecap Resources ( WCP:CA )( WCPRF ) is a larger Canadian oil & natural gas producer. The company merged with Veren last year and is now one of the largest oil & natural gas producers in Canada. Whitecap is listed in Canada and has an OTC listing in the United States. The reporting currency is Canadian dollars, which I will denote as C$ throughout the article. 2026 production guidance is now expected to be around 380,000 boe/d, which is an increase from 372,500 boe/d prior to the Q1 2026 result being announced. The increased production guidance is primarily due to better-than-expected well performance at the beginning of the year. The capital budget remains unchanged at around C$2.05B. Figure 1 - Source: Whitecap Presentation This is a company that I have covered frequently over the last few years, and I have also owned the stock a couple of times during this period, with satisfactory results. My prior articles on Whitecap can be found here . This article will primarily focus on the Q1 2026 result that was released on the 29th of April. Figure 2 - Source: Koyfin The stock price performance of Whitecap has been good this year, up 42% in U.S. dollar terms. However, as illustrated in the chart above, that is roughly in-line with industry ETFs and can largely be explained by the higher energy prices following the Iran war and the closure of the Strait of Hormuz. Having production far away from the current turbulence is no doubt beneficial for a company like Whitecap. With that said, the company has around 39% of production coming from Canadian natural gas. North American natural gas prices have actually declined a material amount this year, unlike most liquid sources that are more easily transported globally. Q1 2026 Result Whitecap produced 391,416 boe/d during the first quarter of the year, which was well-above expectation. This was a 3% increase compared to the prior quarter, where much of that production growth was in the form of...