hapabapa A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer ( SMCI ) servers containing advanced Nvidia ( NVDA ) chips to China, with Alibaba Group Holding ( BABA ) one of multiple end customers, people familiar with the matter told Bloomberg News. U.S. prosecutors this year outlined a scheme in which Super Micro’...
hapabapa A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer ( SMCI ) servers containing advanced Nvidia ( NVDA ) chips to China, with Alibaba Group Holding ( BABA ) one of multiple end customers, people familiar with the matter told Bloomberg News. U.S. prosecutors this year outlined a scheme in which Super Micro’s co-founder allegedly worked with an unnamed Southeast Asian company and a “rotating cast” of third-party brokers to divert the AI semiconductors in violation of U.S. trade rules. The Southeast Asian firm the prosecutors didn’t name, identified only as Company-1, is Bangkok-based OBON Corp., the report said. More on Nvidia, Alibaba, etc. Nvidia: The Application Layer Could Pressure AI Infrastructure Economics Super Micro: Exiting Survival Mode Super Micro Is Getting Out Of Control (Rating Downgrade) SoftBank-Nvidia in talks to build Japanese AI servers: report Nvidia and Apple CEOs likely to receive invites from Trump for upcoming China visit: report
DNY59/iStock via Getty Images US bank stocks rebounded in April but underperformed the broader market. The 205 banks in an S&P Global Market Intelligence analysis had a median total return of 6.2% in April, trailing the 7.9% return of the market-cap-weighted S&P US BMI Banks index and the S&P 500's return of more than 10%. Thirty-nine of the banks recorded a double-digit percentage gain last month...
DNY59/iStock via Getty Images US bank stocks rebounded in April but underperformed the broader market. The 205 banks in an S&P Global Market Intelligence analysis had a median total return of 6.2% in April, trailing the 7.9% return of the market-cap-weighted S&P US BMI Banks index and the S&P 500's return of more than 10%. Thirty-nine of the banks recorded a double-digit percentage gain last month, led by Bedminster, New Jersey-based Peapack-Gladstone Financial Corp. ( PGC ) at 18.6% and Pasadena, California-based East West Bancorp Inc. ( EWBC ) at 18.5%. Only 16 banks in the analysis had a negative monthly return. The median price-to-adjusted tangible book value (TBV) of the banks included in the analysis was 146.1% at April 30, up from 137.4% at March 31 and 140.0% as of Dec. 31, 2025. Just 14 of the banks traded below 100% of their adjusted TBV, while 30 were above 200%. Least expensive banks With a price-to-adjusted TBV of 59.3% as of April 30, First Internet Bancorp was the least expensive bank in the analysis for the third month in a row. The digital bank had been ranked No. 2 at Jan. 30 and No. 1 for the fourth quarter of 2025. The No. 3 bank, Bethesda, Maryland-based Eagle Bancorp Inc. ( INBK ), still is grappling with credit quality issues. The bank's nonperforming assets (NPAs) to total assets ratio was 1.31% at March 31, up from 1.04% at year-end 2025 but down from the recent peak of 2.16% at June 30, 2025. In a Form 8-K filing, Eagle Bancorp ( EGBN ) disclosed seven nonaccrual relationships greater than $5 million - highlighted by a Washington, D.C. office relationship with a balance of $36.5 million and an $18.5 million office relationship in Fairfax, VA - that accounted for approximately 78% of total nonaccrual loans. The 15th-cheapest bank, Bank OZK ( OZK ), also experienced problem asset inflows in the first quarter. The Little Rock, Arkansas-based bank's reported NPA ratio rose to 1.08%, up 9 basis points quarter over quarter and nearly doubling fro...
Nvidia (NASDAQ: NVDA) isn't just a company that designs GPUs and products that support its hardware ecosystem; it also has an investment wing. While its portfolio of outside holdings is not as big as some companies hold, it is sizable, and taking note of what Nvidia owns is a smart strategy, because it has more information than the average investor about what's going on inside some of these compan...
Nvidia (NASDAQ: NVDA) isn't just a company that designs GPUs and products that support its hardware ecosystem; it also has an investment wing. While its portfolio of outside holdings is not as big as some companies hold, it is sizable, and taking note of what Nvidia owns is a smart strategy, because it has more information than the average investor about what's going on inside some of these companies. Additionally, Nvidia is delivering impressive growth in its own right. If it thought it could achieve a better return on investment by buying its own stock, it would. As of the end of Q4, Nvidia's investment portfolio only contained five stocks. One of those was Nebius (NASDAQ: NBIS) . Nebius isn't Nvidia's largest investment, but it did own about 1.2 million shares as of Dec. 31, 2025, worth around $232 million at the current stock price. That's not nothing, even for a company the size of Nvidia. However, in March, Nvidia upped its investment with a $2 billion stock buy as part of a strategic partnership with the neocloud company. Nebius has had a phenomenal 2026 so far -- it's up more than 100% year to date -- but I think it has a lot more in store for investors (and Nvidia). Continue reading
Taiwan Semiconductor's revenue in April increased by 17.5% year-on-year, with AI demand supporting the company’s expansion momentum for the entire year. 富途牛牛
Taiwan Semiconductor's revenue in April increased by 17.5% year-on-year, with AI demand supporting the company’s expansion momentum for the entire year. 富途牛牛
Paul Mueller Company ( MUEL ) board approved a tender offer to repurchase up to 35,000 shares of common stock at $440 per share, representing a maximum aggregate purchase price of about $15.4M. The tender offer is set to begin on May 8 and expire on June 5, unless extended. The company said the move reflects its commitment to returning excess cash to shareholders while providing additional liquidi...
Paul Mueller Company ( MUEL ) board approved a tender offer to repurchase up to 35,000 shares of common stock at $440 per share, representing a maximum aggregate purchase price of about $15.4M. The tender offer is set to begin on May 8 and expire on June 5, unless extended. The company said the move reflects its commitment to returning excess cash to shareholders while providing additional liquidity. More on Paul Mueller Paul Mueller: Strong Q4 Results, Yet The Upside May Not Be Fully Priced In Dividend scorecard for Paul Mueller Financial information for Paul Mueller
SoFi Technologies ' (NASDAQ: SOFI) has had some major ups and downs since going public in 2020. It debuted on the markets as one of a slew of special purpose acquisition companies (SPAC) at the time, and it was just another unprofitable tech stock garnering enthusiasm in a strong bull market. After tanking with other tech stocks and SPACs not too long after, it survived, thrived, and became profit...
SoFi Technologies ' (NASDAQ: SOFI) has had some major ups and downs since going public in 2020. It debuted on the markets as one of a slew of special purpose acquisition companies (SPAC) at the time, and it was just another unprofitable tech stock garnering enthusiasm in a strong bull market. After tanking with other tech stocks and SPACs not too long after, it survived, thrived, and became profitable. It had an incredible three-year run, ganing 468% from 2023 through 2025, but it's now 50% off its all-time high. Is that a sign of weakness, or an amazing opportunity to buy? Continue reading