India is likely to endure a blistering summer until monsoon rains arrive in June, with higher-than-average heat already straining power grids at a time when the country is grappling with energy shortages. The India Meteorological Department — which in March forecast a higher than normal number of heat days and has since issued warnings — is set to provide its May outlook on Friday, covering what i...
India is likely to endure a blistering summer until monsoon rains arrive in June, with higher-than-average heat already straining power grids at a time when the country is grappling with energy shortages. The India Meteorological Department — which in March forecast a higher than normal number of heat days and has since issued warnings — is set to provide its May outlook on Friday, covering what is typically the hottest period of the year. Yet the world’s most populous nation is already struggling to cope under the pressure of a warmer-than-usual April and the fallout from the war in the Persian Gulf. With vital energy suppliers cut off from world markets, India has been left short of crude, liquefied natural gas and liquefied petroleum gas , used for cooking. All the while, heat is pushing up electricity demand to unprecedented levels, triggering blackouts as infrastructure and generation struggle to cope. Temperatures have surged beyond 40C (104F) — punishing levels, given the humidity — and nights offer only mild relief, forcing residents to run cooling appliances around the clock. Data from digital air-quality monitoring platform AQI earlier this week showed that every one of the 50 hottest cities in the world were in India. “India occupied the entire list, from rank 1 to rank 50,” AQI said in a report . “This is not a normal April. And it demands a serious, data-grounded reckoning.” The rankings are based on sustained temperatures through 24 hours of the day on April 27. A city can report a scorching afternoon maximum, but could rank lower if it cools off during the nights, AQI said, explaining the methodology. At the top of the list was Banda, an arid town in the water-starved Bundelkhand region of Uttar Pradesh. According to AQI, it hit a top temperature of 46.2C (just over 115 F) during the day — but its lowest, which typically comes after the midnight, was 34.7C, a level higher than what most of Europe considers a dangerous summer heat wave. (IMD put the ma...
CNBC’s Fast Money panel recently made a notable pivot on its April 24 episode, arguing that Novo Nordisk (NYSE:NVO) now offers a more compelling setup than GLP-1 category leader Eli Lilly (NYSE:LLY) after a peak-to-current decline of roughly 68% from Novo’s mid-2024 high near $127 to recent levels near $40. The Catalyst: A Soft Launch ... Fast Money Panel Says Novo Nordisk Now More Compelling Than...
CNBC’s Fast Money panel recently made a notable pivot on its April 24 episode, arguing that Novo Nordisk (NYSE:NVO) now offers a more compelling setup than GLP-1 category leader Eli Lilly (NYSE:LLY) after a peak-to-current decline of roughly 68% from Novo’s mid-2024 high near $127 to recent levels near $40. The Catalyst: A Soft Launch ... Fast Money Panel Says Novo Nordisk Now More Compelling Than Eli Lilly After Falling 70%
There's a long list of nuclear energy stocks potentially worth your investment dollars. But if you're looking for nuclear stocks with maximum upside potential, it's hard not to put NuScale Power (NYSE: SMR) near or at the top of that list. After a brief correction, NuScale now trades at a market cap of just $4 billion. Another pure-play SMR stock, Oklo , has a market cap nearly 3 times larger. To ...
There's a long list of nuclear energy stocks potentially worth your investment dollars. But if you're looking for nuclear stocks with maximum upside potential, it's hard not to put NuScale Power (NYSE: SMR) near or at the top of that list. After a brief correction, NuScale now trades at a market cap of just $4 billion. Another pure-play SMR stock, Oklo , has a market cap nearly 3 times larger. To be clear, I also think that Oklo shares have at least 1,000% potential upside . But due to its relatively diminutive valuation, NuScale shares arguably have even more upside. That's especially true when you consider a recent study that found the small modular reactor (SMR) market -- the exact type of technology that NuScale specializes in -- has a $1.5 trillion opportunity ahead of it. Comparing NuScale's $4 billion market cap to a $1.5 trillion opportunity clearly shows how much upside potential this stock has. But before you jump in, it's important to understand two details. Continue reading
Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand. Beyond the earnings report, CEO Kirk Tanner made one very notable comment in prepared remarks: demand for gum and mints remains strong, with the category benefiting from "funct...
Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand. Beyond the earnings report, CEO Kirk Tanner made one very notable comment in prepared remarks: demand for gum and mints remains strong, with the category benefiting from "functional snacking" tailwinds tied to GLP-1 adoption. "We've also seen strong demand for gum and mint products as the category benefits from functional snacking tailwinds, including GLP-1 adoption," Tanner said. GLP-1 drugs suppress appetite and slow digestion, so it appears that many users who no longer want a full calorie-packed snack or meal are gravitating toward gum and mints instead. That is an unexpected positive for Hershey, a company best known for Reese's, Kit Kat in the U.S., Almond Joy, Mounds, York, Twizzlers, and other confectionery brands. While weight-loss drugs have raised concerns about reduced calorie intake and lower food purchases, Hershey's gum and mint portfolio appears to be benefiting from a shift toward lower-calorie gum and mints. Tanner told analysts on the earnings call, "It is a treat, not a meal," adding that the company is spending a lot of time researching the expanding use of GLP-1 drugs and incorporating that into its outlook. "The confection category is relatively insulated compared to other food categories." Tyler Durden Thu, 04/30/2026 - 20:05
Investing in AI companies can be intimidating. It's an exciting new technology, but because of that, investors may not feel they understand enough about it to make informed decisions. In situations like this, I think it's best to lean on the work of other investors who have strong research teams behind them, and who do understand the complexities. One way I do this is by looking at what stocks bil...
Investing in AI companies can be intimidating. It's an exciting new technology, but because of that, investors may not feel they understand enough about it to make informed decisions. In situations like this, I think it's best to lean on the work of other investors who have strong research teams behind them, and who do understand the complexities. One way I do this is by looking at what stocks billionaire investors are holding. One whom I follow closely is Bill Ackman, who runs Pershing Square Capital Management. Ackman doesn't make a habit of trading frequently in and out of positions each quarter, and he takes a long-term investing mindset. That's important when it comes to the strategy of following his lead, as the public only gets to look inside of Ackman's portfolio four times a year, and we see it on a long time delay. Continue reading
Earnings Call Insights: UFP Industries (UFPI) Q1 2026 Management View CEO William Schwartz said Q1 conditions worsened as the quarter progressed: “Macro headwinds and competitive pressures increased volatility as the quarter progressed,” adding that a “longer-than-normal winter season” prevented the typical March seasonal uplift. Schwartz tied profitability pressure to medical costs and framed a m...
Earnings Call Insights: UFP Industries (UFPI) Q1 2026 Management View CEO William Schwartz said Q1 conditions worsened as the quarter progressed: “Macro headwinds and competitive pressures increased volatility as the quarter progressed,” adding that a “longer-than-normal winter season” prevented the typical March seasonal uplift. Schwartz tied profitability pressure to medical costs and framed a more guarded stance for the rest of 2026: “Business conditions have since leveled out, but given the ongoing geopolitical uncertainty and broadening inflation, particularly around higher transportation costs, we are approaching the remainder of the year with a slightly more cautious outlook.” Schwartz emphasized capital deployment and shareholder returns alongside a cost program: “With approximately $2 billion in liquidity, we intend to pursue meaningful M&A, while returning our free cash flow to shareholders through opportunistic share repurchase and dividends,” and said the company was “on track to deliver the remaining $25 million of our $60 million cost-out program by year-end.” Schwartz highlighted two post-quarter-end acquisitions and a new integration role. On MoistureShield, he said it “meaningfully expands our capacity,” “eliminates the need to spend capital on a new greenfield,” and “gives us the needed footprint to double our wood/plastic composite decking manufacturing capacity by 2027.” On leadership, he said Patrick Benton will move to a “newly created Executive Vice President of Operations Integration position.” Quote (CFO & Treasurer Michael Cole): “Adjusted EBITDA was $111 million, down $31 million year-over-year, and adjusted EBITDA margin was 7.6% compared with 8.9% in the prior year period.” Outlook Cole said the company expects 2026 conditions to remain difficult and signaled results trending to the low end of prior expectations: “We expect the current market environment to persist through 2026,” and “demand for the balance of the year is trending toward...
Earnings Call Insights: Western Digital (WDC) Q3 fiscal 2026 Management view “WD started calendar year 2026 with great execution, driving strong sequential and year-over-year revenue growth in our cloud, consumer and client businesses while expanding gross and operating margins,” said CEO Tiang Yew Tan, adding that “gross margin exceeded 50%” and that WD is “a focused HDD company and a strategic p...
Earnings Call Insights: Western Digital (WDC) Q3 fiscal 2026 Management view “WD started calendar year 2026 with great execution, driving strong sequential and year-over-year revenue growth in our cloud, consumer and client businesses while expanding gross and operating margins,” said CEO Tiang Yew Tan, adding that “gross margin exceeded 50%” and that WD is “a focused HDD company and a strategic partner to hyperscalers and cloud service providers in this AI-driven data economy.” Tan tied demand to AI data creation and reiterated a long-range demand view: “we expect agentic AI to drive a step function increase in capacity-oriented storage demand,” and “this reinforces our conviction that long-term data storage growth will be greater than 25% CAGR.” On the product roadmap and customer qualification status, Tan said, “Our high-capacity drive road map now extends from our 44-terabyte HAMR and 40-terabyte ePMR drives that are currently in qualification to a road map that goes beyond 100-terabytes,” and added, “we are now in qualification with 4 customers” for HAMR and “qualifying our 40-terabyte ePMR drives with 3 customers and are on track to start volume production in the second half of calendar year 2026.” CFO Kris Sennesael framed the quarter as execution plus customer alignment: “The WD team delivered strong results,” and reported “revenue was $3.3 billion,” “earnings per share was $2.72,” and “we delivered 222 exabytes,” while noting cloud concentration: “Cloud represented 89% of total revenue at $3 billion.” Outlook “We anticipate revenue to be $3.65 billion, plus/minus $100 million,” Sennesael said, with “gross margin ... 51% to 52%,” “operating expenses ... $385 million to $395 million,” “interest and other expenses ... $10 million,” “tax rate ... 16%,” and “diluted earnings per share ... $3.25 plus/minus $0.15.” Compared with the prior quarter’s guidance cadence and language, management emphasized increased multi-year visibility; Tan said, “Our long-term visibi...
神译局是36氪旗下编译团队，关注科技、商业、职场、生活等领域，重点介绍国外的新技术、新观点、新风向。 编者按：当AI能瞬时完成200小时工作，人类反而成了“瓶颈”。METR这场演练揭示：未来执行力将极速贬值，人类的判断与反馈效率将是唯一的决胜点。文章来自编译。 引言 METR 旨在让公众及时了解 AI 的能力及其带来的风险。从某些衡量标准来看，AI 可谓史上发展最快的技术，且随着 AI 把自身的研...
神译局是36氪旗下编译团队，关注科技、商业、职场、生活等领域，重点介绍国外的新技术、新观点、新风向。 编者按：当AI能瞬时完成200小时工作，人类反而成了“瓶颈”。METR这场演练揭示：未来执行力将极速贬值，人类的判断与反馈效率将是唯一的决胜点。文章来自编译。 引言 METR 旨在让公众及时了解 AI 的能力及其带来的风险。从某些衡量标准来看，AI 可谓史上发展最快的技术，且随着 AI 把自身的研发（R&D）自动化，这一进程可能会进一步加速。到明年年底，模型发布的频率和所需的新评估（evals）数量可能会达到如果没有高效 AI 辅助，仅靠我们自己获取信息都将成为挑战的程度。我们不能等到这类工作流变得必不可少时才被动地去摸索 AI 增强型工作模式；我们需要现在就开始理解它们。 因此，我们进行了一场为期 2 小时的桌面演练：三名 METR 研究员扮演现实中的自己及其当前的工作重心，但假定他们可以使用可连续工作约 200 小时的 AI——这大致是我们对 12 到 18 个月后技术水平的预期。我们的目标是了解会产生哪些工作流、瓶颈在哪里，以及我们的实际效率能提升多少。 演练过程 场景 模拟世界 METR 拥有 200 小时时间跨度的 AI 来自动化我们的工作；而世界其他地方使用的是 2026 年 2 月的真实技术（约 12 小时时间跨度的 AI）。 我们拥有适用于 200 小时时间跨度 AI 的 Codex/Claude Code 版本以及基础的项目管理工作流。 但现在的情况是 2026 年 2 月，因此我们评估的是 2026 年的 AI，使用 2026 年版本的 Inspect，通过电子邮件等方式与人沟通。 AI 能力 AI 现在拥有约 200 个人类小时的时间跨度，但其相对能力特征与 2026 年初的 AI 相似。 它们在可验证的任务上表现惊人，在复杂凌乱的任务上表现尚可。 AI 的运行速度是 Claude 4.6 Opus 快速模式的两倍。我们负担得起用这种速度跑模型的成本。 对于与 HCAST 任务平均“复杂程度”相当的可验证任务，200 个人类小时的工作量对应 50% 的成功率，40 个人类小时则对应 80% 的成功率。 对于较难验证的任务，由游戏主持人（GM）决定 AI 的成功程度。 在写作方面，如果具备相关上下文，AI 的水平相当于 METR 的入职级员工。 ...
More than 15 per cent of hospitals and long-term medical care facilities across Japan have recorded cases of sexual assault or abuse of patients, according to a new government report, as concerns mount that the actual figures may be higher. The Children and Families Agency released the results of the survey – the first of its kind – on Tuesday, with 1,113 institutions of the 5,000 invited to take ...
More than 15 per cent of hospitals and long-term medical care facilities across Japan have recorded cases of sexual assault or abuse of patients, according to a new government report, as concerns mount that the actual figures may be higher. The Children and Families Agency released the results of the survey – the first of its kind – on Tuesday, with 1,113 institutions of the 5,000 invited to take part providing responses. Many of the incidents involved medical staff in psychiatry and...
SlavkoSereda/iStock via Getty Images Crude oil futures pulled back Thursday after Brent briefly topped $126/bbl—its highest since March 2022, shortly after Russia invaded Ukraine - on rising worries over a prolonged conflict between the U.S. and Iran while just a trickle of oil gets through the Strait of Hormuz. The surge in prices followed reports that President Trump would be briefed by military...
SlavkoSereda/iStock via Getty Images Crude oil futures pulled back Thursday after Brent briefly topped $126/bbl—its highest since March 2022, shortly after Russia invaded Ukraine - on rising worries over a prolonged conflict between the U.S. and Iran while just a trickle of oil gets through the Strait of Hormuz. The surge in prices followed reports that President Trump would be briefed by military commanders on possible action against Iran, while Iran vowed not to give up its nuclear or missile technologies and signaled it would maintain control of the strait. Brent crude ( CO1:COM ) for June delivery fell 3.4% to go off the board at $114.01/bbl, snapping an eight-session winning streak, bringing it closer to the $110.40/bbl for the July contract. Oil markets are currently in backwardation—where near-term contracts are typically priced higher than those further out—and as July contracts have been priced well below June, the switch appears to account for much of the significant price shift. "On top of the expiration liquidation flush today, Brent also came under pressure after European Union economic data came in on the soft side," Mizuho's Robert Yawger said in a note. ConocoPhillips ( COP ) CFO Andy O'Brien warned of imminent "critical shortages" of oil for some countries, with the supply pinch likely to significantly worsen as soon as June, Bloomberg reported. "The markets sort of had a bit of a grace period initially when the tankers that left the Persian Gulf in late February were still on the water; now all of those have reached their destination," O'Brien reportedly said on the company's earnings conference call. "We are going to start to see some import-dependent countries potentially start to face critical shortages as we get into the June-July time frame." In the U.S., front-month Nymex crude ( CL1:COM ) for June delivery closed down 1.7% to $105.07/bbl, breaking a three-session winning streak, and front-month Nymex natural gas ( NG1:COM ) for June delivery...