Astera Labs, Inc. (NASDAQ:ALAB) shares are trending on Wednesday. ALAB shares jumped 13.30% to close at $244.26 on Tuesday, nearing the stock's 52-week high of $262.90. Insider Sale Filings Surface The move comes after multiple Form 144 filings disclosed proposed sales totaling 280,000 Astera Labs shares worth roughly $60.4 million. The filings, submitted Tuesday, included a proposed sale of 200,0...
Astera Labs, Inc. (NASDAQ:ALAB) shares are trending on Wednesday. ALAB shares jumped 13.30% to close at $244.26 on Tuesday, nearing the stock's 52-week high of $262.90. Insider Sale Filings Surface The move comes after multiple Form 144 filings disclosed proposed sales totaling 280,000 Astera Labs shares worth roughly $60.4 million. The filings, submitted Tuesday, included a proposed sale of 200,000 shares tied to the Navad Trust dated Nov. 1, 2012, valued at about $43.1 million. Two additional filings tied to the RN2021 and SN2021 Irrevocable Trusts each disclosed proposed sales of 40,000 shares each worth about $8.6 million. The filings showed the sellers' relationship to Astera Labs as "director" and "officer." The filings also referenced Rule 10b5-1 trading plans adopted in December 2025. Astera Labs provides AI infrastructure connectivity solutions for hyperscalers and cloud-scale systems. The company develops semiconductor-based technologies supporting CXL, Ethernet, PCIe, NVLink Fusion and UALink connectivity platforms used in artificial intelligence data center architectures. Trading Metrics, Technical Analysis Astera Labs currently has a market capitalization of approximately $41.87 billion. The stock has traded between a 52-week low of $84.78 and a 52-week high of $262.90. Price Action: According to Benzinga Pro data, ALAB gained 13.30% during Tuesday's regular trading session to close at $244.26. The stock was down 0.19% in after-hours trading at $243.80. Benzinga's Edge Stock Rankings indicate that ALAB maintains a positive price trend across short, medium and long-term time frames. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo: Piotr Swat / Shutterstock
Benjamas Deekam/iStock via Getty Images As we move through 2026, one of the major themes driving companies is slimming down workforces and leveraging AI to become leaner. So far, the biggest headlines have been about large companies like Meta ( META ) and Oracle ( ORCL ) laying off double-digit percentages of their staff to justify AI capex spending, but the market has yet to truly reward smaller ...
Benjamas Deekam/iStock via Getty Images As we move through 2026, one of the major themes driving companies is slimming down workforces and leveraging AI to become leaner. So far, the biggest headlines have been about large companies like Meta ( META ) and Oracle ( ORCL ) laying off double-digit percentages of their staff to justify AI capex spending, but the market has yet to truly reward smaller companies that are getting leaner as well. BILL Holdings ( BILL ), the spend management software platform, has been crushed over the past few years for a number of reasons: declining interest rates that hurt its float revenue, its exposure to SMB, which makes it more likely to decelerate in a weaker macro, and its status as a software product that makes it prone to the "SaaSpocalypse." Shares are down ~20% this year, which gives the stock quite attractive entry points. Data by YCharts I last wrote a "Buy" article on BILL in February, when the stock was trading at ~$40 per share. Since then, the stock has continued to turn in very disappointing performance, not rallying as sharply as the rest of the stock market. That said, actual results are much better than feared; as such, this is a classic opportunity to buy an unloved business at a great price. I reiterate my "Buy" rating here. As is the case with evaluating any software investment in 2026, we have to ask a very critical question upfront: C an the company withstand the AI revolution? BILL's spend automation platform is a company that investors have essentially already earmarked for obsolescence, as judged by the stock’s bargain basement valuation multiples. We do acknowledge that there is heightened competitive risk here. AI agents are becoming more powerful, and if more companies leverage agents rather than humans to run accounts payable and accounts receivable, BILL could be in for a sea change in how financial operations run, disrupting its customer base. That said, BILL has one core advantage that is overlooked. The...
Boeing CEO Kelly Orthberg joined U.S. executives in a meeting with Chinese Premier Li Qiang on May 14, 2026, alongside the Trump-Xi summit in Beijing. CNBC | Evelyn Cheng CHONGQING, China — China's Commerce Ministry on Wednesday confirmed an agreement to purchase 200 Boeing aircraft, as well as engines and spare parts. A Commerce Ministry official said aviation was key to deepening cooperation bet...
Boeing CEO Kelly Orthberg joined U.S. executives in a meeting with Chinese Premier Li Qiang on May 14, 2026, alongside the Trump-Xi summit in Beijing. CNBC | Evelyn Cheng CHONGQING, China — China's Commerce Ministry on Wednesday confirmed an agreement to purchase 200 Boeing aircraft, as well as engines and spare parts. A Commerce Ministry official said aviation was key to deepening cooperation between China and the U.S. "In accordance with the important consensus reached by the Chinese and U.S. leaders, China's aviation industry will introduce 200 Boeing aircraft based on commercial principles and its own needs for air transport development," the official said in a statement. U.S. President Donald Trump told Fox News last week that China would purchase 200 Boeing airplanes . While the figure was less than half of what analysts had expected, it marked the first major Chinese order for the aircraft since 2017 . Boeing, which manufactures most of its commercial aircraft in Seattle, could receive additional orders from Chinese airlines in the future, a Washington state commerce official told CNBC on Tuesday. "Boeing has a lot of demand, a little bit of a waitlist, so I believe that it's only logical to me that there would be more orders in the future," said Andrea Chartock, assistant director, Office of Economic Development and Competitiveness at the Washington State Department of Commerce. "We are very happy to hear about this announcement," Chartock told CNBC on Tuesday. The state has "a whole industry around Boeing" with suppliers ranging from space to satellites, she noted. China's civil aviation regulator said Sunday it met with Boeing CEO Kelly Orthberg a few days earlier. The executive was part of Trump's delegation to China. Boeing did not immediately respond to a CNBC request for comment. Read more China news Trump puts Taiwan arms sales, Hong Kong jailed activist Lai on agenda ahead of meeting with Xi Trump and Xi face a test over AI control Iran focus at Trum...
On a recent episode of Earn Your Leisure titled “The #1 Investing Mistake Keeping You Broke,” co-host E delivered a blunt diagnosis for retail investors: stop trading the stocks you should be holding. “The ones that are leading now will lead,” he said, warning that top companies could compound 4,000% or 5,000% over five or ... “4,000% or 5,000% Over Five or Six Years”: Why Patient Investors in NVD...
On a recent episode of Earn Your Leisure titled “The #1 Investing Mistake Keeping You Broke,” co-host E delivered a blunt diagnosis for retail investors: stop trading the stocks you should be holding. “The ones that are leading now will lead,” he said, warning that top companies could compound 4,000% or 5,000% over five or ... “4,000% or 5,000% Over Five or Six Years”: Why Patient Investors in NVDA, AMD, and LLY Are Winning
undefined undefined The People’s Bank of China maintained its benchmark lending rates at record lows for a 12th consecutive month in May 2026, matching market expectations as policymakers balance sputtering domestic growth against escalating geopolitical and inflationary pressures. The decision to hold the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5%. It reflects a cautious...
undefined undefined The People’s Bank of China maintained its benchmark lending rates at record lows for a 12th consecutive month in May 2026, matching market expectations as policymakers balance sputtering domestic growth against escalating geopolitical and inflationary pressures. The decision to hold the one-year loan prime rate (LPR) at 3.0% and the five-year LPR at 3.5%. It reflects a cautious approach by the central bank, which is grappling with supply chain disruptions and energy-driven inflation triggered by the ongoing conflict in the Middle East, even as recent data shows Chinese industrial output and retail sales slowing to multi-year lows. On Wednesday, the Shanghai Composite fell 0.5% to 4,150 on Wednesday, while the Shenzhen Component slipped 0.2% to 15,534 , and the offshore yuan edged higher around 6.81 per dollar on Wednesday, trimming losses in the previous session. ETFs: (NYSEARCA: FXI ), (NYSEARCA: KWEB ), (NYSEARCA: CQQQ ), (NASDAQ: MCHI ), (NYSEARCA: ASHR ), (NYSEARCA: YINN ), (NYSE: TDF ), (NYSEARCA: CHIQ ), (NYSEARCA: GXC ), (NYSEARCA: EWH ), (NYSEARCA: KBA ), (NYSEARCA: YANG ), (NASDAQ: CXSE ), (NYSE: CAF ), (NYSEARCA: CWEB ), (NASDAQ: PGJ ), (NYSEARCA: KURE ). Currency: ( CNY:USD ) More on China markets and economy: Trump-Xi Summit: Rare Earths, Oil, And A Fragile Truce China A50 Bullish Breakout Above 6-Month Resistance CQQQ: Fairly Valued For A Reason Asia markets mixed after Trump delays Tehran attack for diplomatic talks Asia markets slide as Middle East tensions and pre-Nvidia caution weigh on tech
Marilyn and the Mob 10pm, Channel 4 In the golden era, it was far from unusual for Hollywood’s elite to be rubbing shoulders with underground crime’s most notorious figures – and this depressing two-parter focuses on the links Marilyn Monroe had throughout her life. She’s brought closer to the mob via production heads, Frank Sinatra and even President John F Kennedy. Hollie Richardson Amandaland 9...
Marilyn and the Mob 10pm, Channel 4 In the golden era, it was far from unusual for Hollywood’s elite to be rubbing shoulders with underground crime’s most notorious figures – and this depressing two-parter focuses on the links Marilyn Monroe had throughout her life. She’s brought closer to the mob via production heads, Frank Sinatra and even President John F Kennedy. Hollie Richardson Amandaland 9pm, BBC One Amanda (Lucy Punch) has become a brand ambassador! But as she chucks out her old sofa to make space for the new one she has been given to promote, she finds a used condom. Cue awkward chats with her kids, poor Anne, ChatGPT and even mummy Felicity. HR Surgeons: At the Edge of Life 9pm, BBC Two A nerve-rackingly rare procedure in this week’s visit to the surgery theatre: one patient needs a double transplant for their pancreas and kidney. Elsewhere, a woman gets part of her tongue removed to help stop an aggressive cancer. More incredible – if slightly queasy – high-risk hospital work. HR A Taste for Murder 9pm, ITV1 This escapist crime drama shamelessly ticks multiple boxes: Warren Brown plays a widowed, fish-out-of-water detective who reconnects with his daughter in Capri while solving crimes, learning to cook and potentially finding new love. That said, it’s a perfectly sturdy distraction. This week, a scuba-diving accident has links to a crypto scam. Jack Seale View image in fullscreen Stephen Nolan (centre) in Peelers: The PSNI for Real. Photograph: BBC/Third Street Studios Peelers: The PSNI for Real 10pm, BBC Two Shown earlier this year in Northern Ireland but now on the iPlayer, this intense, visceral look at policing in Belfast makes Blue Lights look like Miss Marple. Stephen Nolan is embedded with officers and gets an up-close view of everything, from a bleach attack to a tense incident involving a rehoused sex offender and an angry mob. Phil Harrison Andrew Davies Remembers: A Very Peculiar Practice 10pm, BBC Four Starring Peter Davison, Barbara Flynn a...
structuresxx/iStock via Getty Images OpenAI ( OPENAI ) will invest over $234M to establish its first applied AI lab outside the U.S. in Singapore , marking a major expansion of the company’s presence in Asia. The new 'OpenAI Singapore Applied AI Lab' will focus on the country's AI goals and national priorities, especially in sectors like public services, finance, healthcare, and digital infrastruc...
structuresxx/iStock via Getty Images OpenAI ( OPENAI ) will invest over $234M to establish its first applied AI lab outside the U.S. in Singapore , marking a major expansion of the company’s presence in Asia. The new 'OpenAI Singapore Applied AI Lab' will focus on the country's AI goals and national priorities, especially in sectors like public services, finance, healthcare, and digital infrastructure . The initiative is part of a broader partnership with Singapore’s Ministry of Digital Development and Information under the 'OpenAI for Singapore' program. Besides, Google ( GOOG ) agreed to a new National AI Partnership focused on education, healthcare, scientific research, workforce readiness, enterprise innovation, and building a secure AI ecosystem. The announcement did not include a cash investment commitment, according to a CNBC report. “As our projects develop and our team in Singapore grows, we anticipate gradually expanding our office presence in the country,” the ChatGPT maker said. OpenAI ( OPENAI ) added that Singapore, as its regional hub, provides an ideal base to deepen technical expertise, address local needs, and accelerate broader regional AI adoption. OpenAI ( OPENAI ) said it plans to expand its Singapore-based technical workforce to more than 200 roles over the next few years. The company first opened its Singapore office in 2024. Google ( GOOG ) and OpenAI’s ( OPENAI ) agreements were made alongside Singapore's ATxSummit and are build on Singapore’s broader national AI strategy, which includes a commitment to invest more than S$1B in public AI research capabilities between 2025 and 2030. More on OpenAI Wall Street Lunch: Ex-OpenAI Researcher's Fund Shorts Nvidia, AI Chip Stocks Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan Wall Street Lunch: OpenAI Loosens Exclusivity In Revised Microsoft Pact Google releases Gemini 3.5 Flash; surpasses GPT-5.5 in agentic benchmarks OpenAI co-founder joins Anthropic team to work on research and...
"As you walk down the King's Road, you see a massive moon in the distance. It just has that shock factor - kids, any generation, absolutely love it as they turn the corner. Scale is important when you're out in a big space like this.
"As you walk down the King's Road, you see a massive moon in the distance. It just has that shock factor - kids, any generation, absolutely love it as they turn the corner. Scale is important when you're out in a big space like this.
國際帆船大獎賽明年1月維港上演 獲「M」品牌認可 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國際帆船大獎賽，明年1月首度在維港上演。 賽事被譽為「海上F1」，明年設有13個分站，香港是首站，1月23至24日舉...
國際帆船大獎賽明年1月維港上演 獲「M」品牌認可 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】國際帆船大獎賽，明年1月首度在維港上演。 賽事被譽為「海上F1」，明年設有13個分站，香港是首站，1月23至24日舉行，已經獲得「M」品牌認可。 賽事自2019年首辦，參賽隊伍使用統一規格的F50水翼雙體船，最高時速超過100公里，總獎金1,280萬美元。
湖南暴雨救援工作持續 當局緊急調派應急救援直升機打通空中「生命通道」 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地多地持續大雨，其中湖南石門縣暴雨增至5人死亡、11人失蹤。國家發改委安排5千萬元中央預算內投...
湖南暴雨救援工作持續 當局緊急調派應急救援直升機打通空中「生命通道」 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地多地持續大雨，其中湖南石門縣暴雨增至5人死亡、11人失蹤。國家發改委安排5千萬元中央預算內投資支持湖南省做好災害應急恢復。 湖南常德市連日暴雨，多個地區洪水暴漲，救援工作仍然持續。當局緊急調派兩架應急救援直升機打通空中「生命通道」，運送傷者，以及執行災情空中偵察、應急物資投送等任務。 石門縣23個鄉鎮，過去幾日不同程度受災，多處道路和通訊一度中斷，受災人數超過10.3萬人。氣象部門預計暴雨天氣持續影響廣東和廣西一帶，直至周五雨勢減弱。 財政部和應急管理部預撥1.2億元人民幣支持湖北、湖南、廣西、重慶、貴州開展搶險救災和群眾救助工作。
In this article EXPN-GB Follow your favorite stocks CREATE FREE ACCOUNT Traders work at the New York Stock Exchange on May 13, 2026. NYSE LONDON — European stocks are expected to open in negative territory on Wednesday as global markets keep a close eye on elevated bond yields and await U.K. inflation data due later this morning. The U.K.'s FTSE index is seen opening 0.6% lower, Germany's DAX down...
In this article EXPN-GB Follow your favorite stocks CREATE FREE ACCOUNT Traders work at the New York Stock Exchange on May 13, 2026. NYSE LONDON — European stocks are expected to open in negative territory on Wednesday as global markets keep a close eye on elevated bond yields and await U.K. inflation data due later this morning. The U.K.'s FTSE index is seen opening 0.6% lower, Germany's DAX down 0.7%, France's CAC 40 down 0.5% and Italy's FTSE MIB 0.4% lower, accoridng to data from IG. European bourses look set to follow Asia-Pacific markets lower as investors assess elevated bond yields and inflationary pressures. Yields on U.S. Treasurys rose Tuesday with the 30-year Treasury yield above 5.19%, its highest level since 2007. Meanwhile, the benchmark 10-year yield climbed toward 4.69%. Read more U.S. Treasurys are now firmly in the ‘danger zone,’ strategists say Asia markets fall as Treasury yields climb and Iran tensions linger S&P 500 futures are little changed as traders await Nvidia's earnings Geopolitical tensions are also in focus after U.S. President Donald Trump said in a statement Tuesday that he was "an hour away" from deciding to attack Iran, before he was persuaded to postpone the strike for a few days. Data releases in Europe on Wednesday include U.K. consumer price inflation, which is expected to have cooled to 3% in April, from 3.3% the previous month, reflecting new support measures for household energy bills. Earnings come from Experian . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.