Key PointsLisanti Capital Growth bought 896,470 shares of Patterson-UTI Energy in the first quarter; the estimated trade size was $7.67 million based on quarterly average prices.
Key PointsLisanti Capital Growth bought 896,470 shares of Patterson-UTI Energy in the first quarter; the estimated trade size was $7.67 million based on quarterly average prices.
Criminals are manipulating pictures found on school websites and social media to create sexually explicit images UK schools should remove pictures of pupils’ faces from their websites and social media accounts because blackmailers are using them to create sexually explicit images, experts have said. Child safety experts and the UK’s National Crime Agency (NCA) warn that criminals are using AI to m...
Criminals are manipulating pictures found on school websites and social media to create sexually explicit images UK schools should remove pictures of pupils’ faces from their websites and social media accounts because blackmailers are using them to create sexually explicit images, experts have said. Child safety experts and the UK’s National Crime Agency (NCA) warn that criminals are using AI to manipulate photos of children and then demand cash not to publish them. Continue reading...
Beijing’s tighter oversight of vicious price competition in the automotive sector is expected to increase borrowing pressure on mainland carmakers and accelerate the exit of weaker, debt-laden players amid softening consumer demand, according to S&P Global Ratings. The warning is likely to deepen bearish sentiment surrounding mainland China’s more than 100 car assemblers, many of which have been a...
Beijing’s tighter oversight of vicious price competition in the automotive sector is expected to increase borrowing pressure on mainland carmakers and accelerate the exit of weaker, debt-laden players amid softening consumer demand, according to S&P Global Ratings. The warning is likely to deepen bearish sentiment surrounding mainland China’s more than 100 car assemblers, many of which have been at the forefront of global electric vehicle (EV) technology and production. “Financially fragile...
MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or the “Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, today announces its financial and operating results for the first quarter ended March 31, 2026.
MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis” or the “Company”) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a leader in ultra-high temperature processes and engineering innovation, and a plasma-based technology provider to heavy industry & defense, today announces its financial and operating results for the first quarter ended March 31, 2026.
Stocks gave up early gains on Thursday as promising signs for negotiations between the U.S. and Iran seemed to fade. This afternoon, reports came out that the Trump administration was looking to restart "Project Freedom" as its operation to shepherd ships safely through the Strait of Hormuz is known. The move seems to be a sign that negotiations between the two sides aren't progressing as hoped, a...
Stocks gave up early gains on Thursday as promising signs for negotiations between the U.S. and Iran seemed to fade. This afternoon, reports came out that the Trump administration was looking to restart "Project Freedom" as its operation to shepherd ships safely through the Strait of Hormuz is known. The move seems to be a sign that negotiations between the two sides aren't progressing as hoped, and oil prices rose as a result. Continue reading
Joe Hendrickson/iStock Editorial via Getty Images Introduction SoFi Technologies, Inc. ( SOFI ) has been on my radar forever, since it was a Covid-era darling and faced its subsequent slump and resurgence back to the all-time high of $30 a share. With the
Joe Hendrickson/iStock Editorial via Getty Images Introduction SoFi Technologies, Inc. ( SOFI ) has been on my radar forever, since it was a Covid-era darling and faced its subsequent slump and resurgence back to the all-time high of $30 a share. With the
MP Materials Corp. expects demand for some of the most expensive rare earth materials to drop sharply as magnet makers adopt alternative metals. MP and some of its peers are increasingly finding ways to build high-performance magnets with little or no heavy rare earth content, a shift that could weaken prices for materials like dysprosium and terbium, said Chief Executive Officer James Litinsky . ...
MP Materials Corp. expects demand for some of the most expensive rare earth materials to drop sharply as magnet makers adopt alternative metals. MP and some of its peers are increasingly finding ways to build high-performance magnets with little or no heavy rare earth content, a shift that could weaken prices for materials like dysprosium and terbium, said Chief Executive Officer James Litinsky . Instead, magnet-makers are relying on lighter rare earth metals like neodymium-praseodymium to build that technology, he said during a conference call with analysts Thursday. “Prices will go up for NdPr, but I don’t think as much for the heavies,” Litinsky said after the US miner posted stronger-than-expected quarterly results. “Nobody knows with commodities prices, but I think that, versus market expectations, I wouldn’t be surprised to see the heavies decline quite substantially from here.” The comments underscore a growing push across the industry to redesign magnet chemistries around more abundant materials like neodymium-praseodymium, or NdPr, amid concerns over China’s dominance of heavy rare earth supply chains. Magnet demand is surging amid efforts to scale production for robotics, drones and defense systems. MP already produces some magnets in the US, and extracts light- and heavy- rare earth metals from its Mountain Pass mine in California. Heavy rare earths have historically been used to help magnets maintain strength under high temperatures, making them especially important for vehicles, power systems and weapons. MP, which received a $400 million equity investment from the Trump administration last year, is making progress in reducing heavy rare earths use in magnets while still meeting customer performance requirements, said Litinsky.
In this article .DJI .IXIC .SPX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:27 04:27 We currently don't have enough power to light up the data centers, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said that he's not worried about the market taking a breather because the artificial intelligence boom remains powerful enough to keep driving stocks higher. All thre...
In this article .DJI .IXIC .SPX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:27 04:27 We currently don't have enough power to light up the data centers, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said that he's not worried about the market taking a breather because the artificial intelligence boom remains powerful enough to keep driving stocks higher. All three major indexes closed lower Thursday after the tech-heavy Nasdaq Composite and S&P 500 hit intraday highs earlier in the session. The Dow Jones Industrial Average shed 313 points, or 0.63%, while the Nasdaq Composite fell 0.13% and the S&P 500 declined 0.38%. Still, Cramer said the pullback was healthy . "We need a little rest. We want stocks to cool off," the "Mad Money" host said, noting that many AI-related names have made "parabolic" moves in recent weeks. Despite growing concerns around slowing consumer spending, weaker hiring, and geopolitical tensions, Cramer argued the market's weakness looks more like a pause than the start of a prolonged downturn because the AI theme remains too strong to ignore. "My faith in this market comes down to the opportunity to get you involved in what one of our guests tonight, Nvidia's Jensen Huang, correctly calls the fourth industrial revolution: artificial intelligence," Cramer said, referencing his interview later in the show with Huang alongside Corning CEO Wendell Weeks . Cramer said investors continue underestimating the scale of the AI-driven transformation underway across the economy . Its benefits have spread to a stack of interconnected industries from power generation, HVAC and semiconductors to cloud infrastructure and cybersecurity. "Every one of these layers I just mentioned is like a giant American jobs program," he said. "They all collectively have the power to keep the country's economy humming." While Cramer acknowledged the market could see additional short-term weakness after a powerful rally, he argued the broader...
Good morning and happy Friday from a rather grey Melbourne. The millionaires’ factory — otherwise known as Macquarie — has reported full-year earnings this morning, and they’ve topped what markets were expecting. Meanwhile, ahead of its budget next week, the government has tackled a long-running headache by announcing a new east coast gas reservation policy. It is something that has been talked ab...
Good morning and happy Friday from a rather grey Melbourne. The millionaires’ factory — otherwise known as Macquarie — has reported full-year earnings this morning, and they’ve topped what markets were expecting. Meanwhile, ahead of its budget next week, the government has tackled a long-running headache by announcing a new east coast gas reservation policy. It is something that has been talked about, teased and debated for years - now it appears to be the latest barnacle cleared by Prime Minister Albanese, who is also expected to reform controversial housing taxes next week. It might not be a bad time for a bit of energy security. Oil jumped again this morning following renewed clashes between US and Iranian forces. — Ben Westcott, Asia Agriculture Reporter What’s happening now Macquarie’s profit beat analyst expectations, spurred by activity in its key commodities and global markets division, with net income rising 30% to A$4.85 billion in the year through March. The Sydney-based bank and asset manager got a bump from the shock to energy markets stemming from the Middle East conflict. Australia will require liquefied natural gas exporters to set aside a fifth of new production for the domestic market, as the government moves to curb prices and avert shortages on the populous east coast. The new system will apply to prospective contracts and the spot market from July next year. Meanwhile, the government approved a natural gas project off the coast of Victoria state. The CEO of data centre operator NEXTDC has a message for investors: you snooze, you lose. Craig Scroggie told a conference in Sydney that he’d slept for only three hours the previous night while his ASX-listed firm goes on a fundraising tear. “This is not the time to go on holiday, go to sleep, rest or do anything else,” Scroggie told the event. War-driven energy shocks, persistent inflation and rapid advances in AI are colliding to reshape global markets in 2026. In this special episode, we bring you h...
watch now VIDEO 1:57 01:57 Nvidia CEO Jensen Huang says Corning partnership will 'revitalize American manufacturing' Mad Money with Jim Cramer Nvidia CEO Jensen Huang told CNBC's Jim Cramer that the company's new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain in the United States. "We're going through the single largest infrast...
watch now VIDEO 1:57 01:57 Nvidia CEO Jensen Huang says Corning partnership will 'revitalize American manufacturing' Mad Money with Jim Cramer Nvidia CEO Jensen Huang told CNBC's Jim Cramer that the company's new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain in the United States. "We're going through the single largest infrastructure buildout in human history," Huang said " Mad Money " on Wednesday. "Artificial intelligence is going to become fundamental infrastructure all over the world, and surely here in the United States." His comments came one day after Nvidia announced a major partnership with Corning to dramatically expand domestic optical connectivity manufacturing capacity. As part of the deal, Corning is building three new facilities in Texas and North Carolina, saying it will create more than 3,000 jobs. Corning shares surged more than 12% following the announcement in Wednesday's session, while Nvidia shares popped 6%. Cramer's Charitable Trust , the portfolio used by the CNBC Investing Club, owns the stocks of both Corning and Nvidia. Huang said the scale of AI infrastructure spending is creating a unique opportunity to reinvest in American manufacturing and supply chains after decades of offshoring. The technology supply chain, in particular, has developed strong roots in places like Taiwan, China and Vietnam. "This is such an extraordinary opportunity because we can use these market dynamics to reinvest, revitalize American manufacturing for the first time in several generations," he said. The partnership centers on optical technologies used to connect chips within massive AI data centers. Huang said the next generation of AI infrastructure will require enormous amounts of optical connectivity as computing demands are rapidly increasing to the point where copper wires aren't able to keep up. "We're going to scale up optical at a scale that, quite frankly, no optical companies have...