is the Verge’s weekend editor. He has over 18 years of experience, including 10 years as managing editor at Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Reviews of Crimson Desert have been mixed, but the bigger issue for the game has been the discovery of what appeared to be AI-generated assets in the final release. Now the developer has acknowl...
is the Verge’s weekend editor. He has over 18 years of experience, including 10 years as managing editor at Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Reviews of Crimson Desert have been mixed, but the bigger issue for the game has been the discovery of what appeared to be AI-generated assets in the final release. Now the developer has acknowledged that AI art was indeed used during the game’s creation, but says that it was intended to be replaced before release. In a statement on X, the company said it was conducting a “comprehensive audit” to identify and replace any AI-generated content. The company apologized for both its inclusion in the final release and for not being more transparent about its use during development. “We should have clearly disclosed our use of AI,” it said. The use of generative AI in gaming has become a hot-button issue of the last couple of years as it’s made its way into several high-profile titles. While some large studios have embraced it, many smaller developers have revolted against the trend, proudly proclaiming their games to be “AI free.”
Amazon.com Inc is dialing up a second attempt at the smartphone market. More than a decade after the Fire Phone was scrapped, the e-commerce giant is developing a new device known internally as "Transformer." The project lives within Amazon's devices and services unit. The initiative aims to fulfill founder Jeff Bezos' vision of a ubiquitous, voice-driven "Star Trek" computer, reported Reuters, ci...
Amazon.com Inc is dialing up a second attempt at the smartphone market. More than a decade after the Fire Phone was scrapped, the e-commerce giant is developing a new device known internally as "Transformer." The project lives within Amazon's devices and services unit. The initiative aims to fulfill founder Jeff Bezos' vision of a ubiquitous, voice-driven "Star Trek" computer, reported Reuters, citing sources. AI Integration Over App Stores The "Transformer" project reportedly prioritizes artificial intelligence. Sources told Reuters that AI capabilities could eliminate the need for traditional app stores. Don't Miss: Alexa remains a core feature, but it may not serve as the primary operating system. The device is envisioned as a mobile personalization device. It seeks to streamline access to Prime Video, Prime Music and Grubhub. Amazon did not immediately respond to Benzinga's request for comment. The ‘ZeroOne' Breakthrough Mandate According to Reuters, a year-old group called ZeroOne leads the development. Former Microsoft Corp executive J Allard heads the unit. See Also: What If Tires Didn't Need Air — Or Replacing? This Startup Says It's Possible Reuters sources indicate Amazon is exploring both traditional smartphones and "dumbphones." The latter would mirror the minimalist Light Phone to counter screen addiction. Fueling the AI Infrastructure This hardware push coincides with massive backend investments. On Thursday, Nvidia Corp VP Ian Buck said that Nvidia will deliver 1 million AI chips to Amazon Web Services (AWS) by 2027. Additionally, Amazon and Meta Platforms Inc are driving a record $45.1 billion data center construction boom to power these emerging technologies. Read Next: 1.5 Million Users Are Already Working Inside This AI Platform — Investors Can Still Get In It’s no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investor...
sshepard/iStock Unreleased via Getty Images Northrop Grumman ( NOC ) said its Talon IQ autonomous test platform completed a flight integrating third-party software from Shield AI, marking a step toward more flexible development of military autonomy systems. Northrop Grumman's Talon IQ demonstrated a successful mission autonomy flight with Shield AI’s Hivemind software in Mojave, Calif. (Northrop G...
sshepard/iStock Unreleased via Getty Images Northrop Grumman ( NOC ) said its Talon IQ autonomous test platform completed a flight integrating third-party software from Shield AI, marking a step toward more flexible development of military autonomy systems. Northrop Grumman's Talon IQ demonstrated a successful mission autonomy flight with Shield AI’s Hivemind software in Mojave, Calif. (Northrop Grumman) The flight, conducted in Mojave, California, used Shield AI’s Hivemind software to control the aircraft during a simulated mission that included patrol and target engagement maneuvers. Control was later handed back to Northrop’s in-house Prism autonomy system, demonstrating the ability to switch between software platforms on the same airframe, the company said on March 19. The test highlights a broader effort within the defense sector to develop open-architecture systems that allow different autonomy software to run on shared hardware. Such approaches are intended to reduce costs and shorten development timelines by avoiding the need to build new aircraft for each system. According to the companies, the Hivemind software moved from testing to flight in a short timeframe, following a single-day hardware integration process. The system is designed to operate without a human pilot, enabling unmanned aircraft to adapt to changing conditions and carry out missions with limited oversight. Northrop’s Talon IQ is built around a modular design using Scaled Composites’ Model 437 aircraft. The platform is part of a wider push to create test environments where government and industry partners can develop and validate autonomy technologies under common standards. The integration also aligns with U.S. government efforts to standardize how defense technologies interact, with both companies noting compatibility with established interoperability frameworks. The demonstration reflects growing competition among defense contractors and AI firms to deliver scalable autonomy solutions th...
ICE officers set to deploy to airports as delays mount, border czar Homan confirms toggle caption Yuki Iwamura/AP/AP President Trump said he is sending Immigration and Customs Enforcement agents to U.S. airports as some air travelers face longer security lines due to the partial government shutdown. "On Monday, ICE will be going to airports to help our wonderful TSA Agents who have stayed on the j...
ICE officers set to deploy to airports as delays mount, border czar Homan confirms toggle caption Yuki Iwamura/AP/AP President Trump said he is sending Immigration and Customs Enforcement agents to U.S. airports as some air travelers face longer security lines due to the partial government shutdown. "On Monday, ICE will be going to airports to help our wonderful TSA Agents who have stayed on the job," Trump posted on social media Sunday. Trump then blamed Democrats for the shutdown of the Department of Homeland Security, which has entered its sixth week and paused paychecks for Transportation Security Administration workers. The White House has said more than 300 TSA officers have quit, while others aren't showing up to work, causing significant delays at airports nationwide. Sponsor Message House Minority Leader Hakeem Jeffries, D-N.Y., threw blame back at Trump and criticized the planned ICE deployment. "The last thing that the American people need are for untrained ICE agents to be deployed at airports all across the country, potentially to brutalize or in some instances kill them," Jeffries said on CNN. Tom Homan, the White House border czar, "is in charge" of the ICE deployment, Trump said. TSA and ICE are both part of DHS. But it remains unclear how the operation will work at airports. "It's a work in progress," Homan said on CNN Sunday. "But we will be at airports tomorrow helping TSA move those lines along." Unclear duties for ICE agents Homan said he is talking with the heads of ICE and TSA to finalize a plan, but said he expects ICE agents to relieve TSA agents of guard duty at some terminal entries and exits. "I don't see an ICE agent looking at an X-ray machine because they're not trained in that," Homan said. "There are certain parts of security that TSA is doing that we can move them off those jobs and put them in the specialized jobs, help move those lines." But Transportation Secretary Sean Duffy seemed to have a different idea of what ICE agents cou...
Progress is possible. Over two decades, global child mortality plummeted. There were many reasons for a 39% reduction in deaths in lower and middle income countries between 2001 and 2021, but a significant one was overseas development aid, which supported everything from sanitation to vaccination programmes to food security. That shift has slowed, and – like similar advances – is likely to reverse...
Progress is possible. Over two decades, global child mortality plummeted. There were many reasons for a 39% reduction in deaths in lower and middle income countries between 2001 and 2021, but a significant one was overseas development aid, which supported everything from sanitation to vaccination programmes to food security. That shift has slowed, and – like similar advances – is likely to reverse if aid budgets continue to be slashed. Researchers warned last month that continuing cuts could result in more than 22 million avoidable deaths in the next five years, with a quarter of those among children under five. The UK’s decision to slash aid by 40% is part of a global trend: G7 spending will be 28% lower this year than in 2024. Donald Trump has dismantled USAID; Germany, France and others are chopping their budgets. But Britain’s case is particularly dismaying. A bipartisan consensus saw David Cameron, building on Gordon Brown’s work, make Britain the first G7 country to hit the internationally agreed aid target of 0.7% of gross national income (GNI). Now, under a Labour government, aid will be just 0.3% of GNI next year – the lowest rate for decades. The UK’s cuts are arguably the harshest in the G7. Yvette Cooper, the foreign secretary, set out the alarming details on Thursday. Bilateral aid to Africa will be cut by 56%, with some of the world’s poorest countries losing aid that funds schools and clinics. Climate aid will be slashed by 14%. Embarking on unpalatable choices, the government has made some sensible decisions, including ongoing support for Sudan and Gaza and for Gavi, the vaccine programme, and the prioritisation of multilateral schemes over bilateral projects. But the overall picture is “desperately bleak”, as Sarah Champion MP, the Labour chair of the international development committee, noted. The government says that the cuts are necessary to pay for rising defence costs. But seeking to also present this as a prudent reconsideration of how to appr...
Crises do strange things to people. Some ignore the danger as though they can make it go away by pretending it doesn’t exist, which is how teams sleepwalk into danger as Tottenham appeared for much of this season to be doing. Once the cliff edge is acknowledged, there are those who find themselves drawn inexorably towards it in a vertigo of irresponsibility, clear thought rendered impossible, basi...
Crises do strange things to people. Some ignore the danger as though they can make it go away by pretending it doesn’t exist, which is how teams sleepwalk into danger as Tottenham appeared for much of this season to be doing. Once the cliff edge is acknowledged, there are those who find themselves drawn inexorably towards it in a vertigo of irresponsibility, clear thought rendered impossible, basic functions undermined. But there are others who, in extremis, find the brain clears and sinews stiffened, petty irritations melting away as focus sharpens. In certain cases, that may not be enough. Sometimes, almost whatever you do, the pull of the abyss is too strong to be resisted. Tottenham had seemed to be dragging themselves together. The last week has been broadly positive. They began extremely well against Nottingham Forest. They could easily have had a comfortable lead before half-time. But they couldn’t score, Forest did, anxiety began to freeze brains and suddenly all they can see are the lines whooshing past as they plummet towards the Championship. And this was them playing quite well; they may not do that too often in what remains of the season. Fans are – understandably – unhappy with much about the running of the club, but there comes a point when dissatisfaction has to take a back seat to fighting off the mounting threat of relegation: who cares about petty family squabbles when the undead are massing beyond the wall? Taking inspiration from Everton and their successful scraps against the drop, a large group of fans gathered to greet the bus as it arrived. There was blue and white smoke, banners proclaiming undying love and a general sense of resolve and unity in the face of danger. Igor Tudor proclaimed himself “emotional” at the scenes. View image in fullscreen Fans show their support as the Spurs team bus arrives at the stadium. Photograph: Ryan Pierse/Getty Images There had been encouraging signs from the team as well in the previous two games. Whether ...
The increased use of tags makes sense if done right. But years of accumulated problems include a depleted probation workforce Given the frayed and depleted state of the public sector, it is not surprising that prisons in England and Wales are struggling to escape from a sense of perpetual crisis. Recent days saw the latest in a series of urgent notifications. These put a prison in special measures...
The increased use of tags makes sense if done right. But years of accumulated problems include a depleted probation workforce Given the frayed and depleted state of the public sector, it is not surprising that prisons in England and Wales are struggling to escape from a sense of perpetual crisis. Recent days saw the latest in a series of urgent notifications. These put a prison in special measures, and require ministers to produce an action plan within a month. Inspectors found that Woodhill in Milton Keynes is unsafe while a report on another failing prison, Swaleside in Kent, pointed to high levels of violence, staff shortages and education cuts. David Lammy, who was shuffled into the role of justice secretary as a result of Angela Rayner’s hasty exit from government, is busy with the alarming push to remove most defendants’ right to a jury trial. So the implementation of recent sentencing reforms, and problems inside jails, have largely been left to the prisons minister, James Timpson. While there is no doubting his personal commitment, good intentions will not be enough. Continue reading...
Senate Democrats Are Quietly Plotting To Oust Chuck Schumer Senate Minority Leader Chuck Schumer has had a fractured relationship with the Democratic Party base ever since he voted to fund the government last March . Unfortunately for him, time hasn’t healed that wound, and there’s a growing resistance to Schumer that hopes to oust him from his leadership position after the midterms. The Wall Stre...
Senate Democrats Are Quietly Plotting To Oust Chuck Schumer Senate Minority Leader Chuck Schumer has had a fractured relationship with the Democratic Party base ever since he voted to fund the government last March . Unfortunately for him, time hasn’t healed that wound, and there’s a growing resistance to Schumer that hopes to oust him from his leadership position after the midterms. The Wall Street Journal, drawing on more than four dozen interviews with Democratic senators, candidates, current and former congressional aides, activists, and advisers, found widespread unease about the New York senator's grip on the party's direction . The report makes it clear that Schumer’s own colleagues increasingly see him as an anchor, slowing their response to President Trump, steering primaries toward centrists they don't want, and draining the fundraising pipeline that Democrats desperately need heading into the midterm elections. According to the report, last month, Sen. Chris Murphy of Connecticut met with progressive activists at a French restaurant in Georgetown . The conversation turned to what to do about Schumer. According to people familiar with the dinner, Murphy disclosed that some lawmakers had already been running informal vote counts to see whether enough support existed to remove Schumer from his leadership post. Murphy added that Schumer had enough backing to survive. But the fact that anyone was counting at all said something. Murphy has since walked it back, carefully. " Could someone infer from that that someone was keeping a count? Maybe, but that's not what I meant," he told reporters. "I meant that he has the support of the caucus." But Murphy’s backpedaling doesn’t change the reality. Murphy is reportedly part of a group of senators who have been actively canvassing colleagues about their frustrations with Schumer. This group, nicknamed “Fight Club,” ( hey... ) is a Signal chat group where progressives coordinate strategy around opposing Schumer's prefe...
Futures loom with indexes below key levels and oil prices and yields soaring. President Trump threatened to hit Iran's power plants if Iran doesn't open the Strait of Hormuz.
Futures loom with indexes below key levels and oil prices and yields soaring. President Trump threatened to hit Iran's power plants if Iran doesn't open the Strait of Hormuz.
Renewable energy is a once-in-a-generation investment megatrend. The world needs to invest trillions of dollars in developing additional renewable energy capacity in the coming decades. As a result, companies that invest in renewable energy should deliver steady growth for decades to come. Brookfield Renewable (BEPC 4.43%)(BEP 3.26%), Clearway Energy (CWEN 5.67%)(CWENA 5.58%), and NextEra Energy (...
Renewable energy is a once-in-a-generation investment megatrend. The world needs to invest trillions of dollars in developing additional renewable energy capacity in the coming decades. As a result, companies that invest in renewable energy should deliver steady growth for decades to come. Brookfield Renewable (BEPC 4.43%)(BEP 3.26%), Clearway Energy (CWEN 5.67%)(CWENA 5.58%), and NextEra Energy (NEE 3.15%) are leaders in renewable energy investment. That makes them the best stocks to buy and hold to capitalize on the multi-decade renewable energy megatrend. Powerful growth potential Brookfield Renewable is a global leader in renewable energy. It operates a diverse portfolio of hydroelectric, wind, solar, and battery-storage assets worldwide. Brookfield sells the clean power it produces under long-term, fixed-rate power purchase agreements (PPAs) with utilities and large corporations with an average remaining term of 13 years. Most of its PPAs link rates to inflation (70% of its revenue). As a result, it generates very stable and steadily rising cash flow. The company's existing inflation-linked PPAs alone should deliver low-single-digit annual funds from operations (FFO) per share growth over the next decade. Meanwhile, with demand for power surging due to AI data centers and other catalysts, Brookfield can secure even higher rate PPAs as legacy agreements expire. For example, it recently signed two 20-year hydropower deals with Alphabet's (GOOG 2.27%)(GOOGL 2.01%) Google, representing over $3 billion in future revenue. The company expects margin-enhancement activities like that to add another 2% to 4% to its FFO per share each year. Expand NYSE : BEPC Brookfield Renewable Today's Change ( -4.43 %) $ -1.79 Current Price $ 38.58 Key Data Points Market Cap $7.0B Day's Range $ 38.22 - $ 40.74 52wk Range $ 23.73 - $ 45.18 Volume 2.5M Avg Vol 1.1M Gross Margin 26.62 % Dividend Yield 3.92 % Brookfield is also investing heavily to expand its renewable energy capacity. It ...
Key Points Brookfield Renewable expects to grow its funds from operations per share by more than 10% each year. Clearway Energy sees annual cash flow per share growth of 7% to 8% through at least 2030. NextEra Energy anticipates delivering more than 8% annual adjusted earnings per share growth through 2035. 10 stocks we like better than NextEra Energy › Renewable energy is a once-in-a-generation i...
Key Points Brookfield Renewable expects to grow its funds from operations per share by more than 10% each year. Clearway Energy sees annual cash flow per share growth of 7% to 8% through at least 2030. NextEra Energy anticipates delivering more than 8% annual adjusted earnings per share growth through 2035. 10 stocks we like better than NextEra Energy › Renewable energy is a once-in-a-generation investment megatrend. The world needs to invest trillions of dollars in developing additional renewable energy capacity in the coming decades. As a result, companies that invest in renewable energy should deliver steady growth for decades to come. Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Clearway Energy (NYSE: CWEN)(NYSE: CWENA), and NextEra Energy (NYSE: NEE) are leaders in renewable energy investment. That makes them the best stocks to buy and hold to capitalize on the multi-decade renewable energy megatrend. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Powerful growth potential Brookfield Renewable is a global leader in renewable energy. It operates a diverse portfolio of hydroelectric, wind, solar, and battery-storage assets worldwide. Brookfield sells the clean power it produces under long-term, fixed-rate power purchase agreements (PPAs) with utilities and large corporations with an average remaining term of 13 years. Most of its PPAs link rates to inflation (70% of its revenue). As a result, it generates very stable and steadily rising cash flow. The company's existing inflation-linked PPAs alone should deliver low-single-digit annual funds from operations (FFO) per share growth over the next decade. Meanwhile, with demand for power surging due to AI data centers and other catalysts, Brookfield can secure even higher rate PPAs as legacy agreements expire. For example, it recently signed two ...
DNY59 The Congressional Budget Office has warned that the largest fund used to pay Social Security benefits, the Old-Age and Survivors Insurance Trust Fund, will be exhausted by 2032 due in part to a declining number of younger workers paying into the system. We asked Seeking Alpha analysts Michael Gray and Leo Nelissen what they thought would happen if the fund ran dry. Michael Gray : The CBO tel...
DNY59 The Congressional Budget Office has warned that the largest fund used to pay Social Security benefits, the Old-Age and Survivors Insurance Trust Fund, will be exhausted by 2032 due in part to a declining number of younger workers paying into the system. We asked Seeking Alpha analysts Michael Gray and Leo Nelissen what they thought would happen if the fund ran dry. Michael Gray : The CBO tells us that if nothing is done to address the problems with Social Security, the Social Security Trust Fund will run out of money by the end of fiscal year 2031. That is in 5 ½ short years! If that happens, the Social Security Administration will only be able to pay benefits out of current income from payroll taxes. Unfortunately, annual income right now is less than the annual obligations the Social Security Administration is legally required to pay to retirees. The shortfall is increasing each year. The immediate impact will be that benefits will be cut across the board. The Committee for Responsible Budget estimates that in 2032 revenues will only be able to cover 76% of the benefits owed. This would be a disaster for retirees, as almost half of the 70 million people receiving benefits count on Social Security for 50% of their household income. Many families would be pushed into poverty. Leo Nelissen : Technically speaking, this fund cannot run dry, as it’s just a transfer mechanism from paying people to receivers. While the surplus is at risk, cash flows will keep the fund from being useless, so to speak. That said, it’s still a serious situation. Depending on whom you ask, the surplus could turn into a deficit in the early to mid-2030s. That means current payroll taxes will not be enough to cover expenses. Such a situation would result in an immediate pay cut. As CBO expectations see coverage of just 77% to 81%, it would imply a pay cut of roughly 20%. Although it needs to be seen just how bad things will get, especially in light of potential measures to avoid this situ...
Gas prices have soared more than 30% over the last month alone. The national average price for a gallon of regular gasoline is $3.88, up from $2.93 just a month ago. As the war in Iran continues to affect global oil prices, $4-a-gallon gas seems almost inevitable, and $5-a-gallon gas is already a reality in some states. Even the White House's announcement that it would release 172 million barrels ...
Gas prices have soared more than 30% over the last month alone. The national average price for a gallon of regular gasoline is $3.88, up from $2.93 just a month ago. As the war in Iran continues to affect global oil prices, $4-a-gallon gas seems almost inevitable, and $5-a-gallon gas is already a reality in some states. Even the White House's announcement that it would release 172 million barrels from the nation's strategic reserves has had little impact on prices at the pump. Is there any chance we'll avoid $5 gas? Despite what anyone says, there's really only one thing that matters when it comes to gas prices, and no, it's not what happens in Iran. Gas prices are largely out of our hands Aside from very rare situations, like Hurricane Katrina's damaging U.S. refinery capacity in 2005, the one thing that primarily determines the price of gas in your neighborhood is the global price of crude oil, which is determined by global supply and demand. Right now, global supply is disrupted by the war in Iran, so global crude oil prices are up. That means you're paying more for the gasoline that's made from that oil. Now, you may have heard that the U.S. is a net petroleum exporter. If we're producing so much oil, relatively cheaply, right here at home, why should it matter how much it costs anywhere else in the world? Well, the U.S. wasn't a net petroleum exporter until relatively recently. For decades, it was a net importer of oil, mostly from the Middle East, Canada's oil sands, Venezuela, and the Gulf of Mexico. All of these regions produce a thick, sulfuric type of oil called heavy, sour crude, so that's what most U.S. gasoline refineries were built to process. They can't handle the light sweet crude that U.S. shale drillers like ConocoPhillips (COP +0.66%) have been producing. Expand NYSE : COP ConocoPhillips Today's Change ( 0.66 %) $ 0.83 Current Price $ 126.85 Key Data Points Market Cap $155B Day's Range $ 126.11 - $ 128.11 52wk Range $ 79.88 - $ 128.13 Volume 390K ...
Hundreds of Syrians protested in central Damascus on Sunday against new restrictions on alcohol sales, reflecting wider fears that the Islamist authorities may tighten curbs on personal freedoms. The Syrian capital last week banned the sale of alcoholic beverages in restaurants and bars, only allowing shops in three Christian neighbourhoods to sell bottles. In one of them, Bab Tuma, demonstrators ...
Hundreds of Syrians protested in central Damascus on Sunday against new restrictions on alcohol sales, reflecting wider fears that the Islamist authorities may tighten curbs on personal freedoms. The Syrian capital last week banned the sale of alcoholic beverages in restaurants and bars, only allowing shops in three Christian neighbourhoods to sell bottles. In one of them, Bab Tuma, demonstrators gathered in a silent protest following calls by civil society groups to condemn what they say deepens sectarian divisions, with banners that read “personal freedom is a red line”. Advertisement Security forces monitored the gathering, according to an Agence France-Presse team on the ground. “This type of decision will not stand,” 37-year-old television writer Rami Koussa told Agence France-Presse at the protest. Advertisement For university professor Hanan Assi, Syrians have “thousands of forgotten issues, from poverty to the displaced, the homeless and refugees” that should be prioritised instead.
A decade after it got into the movie business, Amazon has its first major box-office hit. It’s the biggest-ever debut for a film produced by the e-commerce and cloud-computing giant and the biggest opening for any Hollywood film not part of an existing franchise since “Oppenheimer” in the summer of 2023. Internationally, “Hail Mary” grossed $60.4 million, opening at No. 1 in nearly every market ex...
A decade after it got into the movie business, Amazon has its first major box-office hit. It’s the biggest-ever debut for a film produced by the e-commerce and cloud-computing giant and the biggest opening for any Hollywood film not part of an existing franchise since “Oppenheimer” in the summer of 2023. Internationally, “Hail Mary” grossed $60.4 million, opening at No. 1 in nearly every market except China, where it came in behind Disney-Pixar’s animated “Hoppers.”
Stock prices go up, stock prices go down -- and the reasons why aren't always obvious, at least not at first glance. Take the relationship between oil prices and gold prices. Both are commodities, generally priced in U.S. dollars. When the dollar is strong, one can buy more oil or gold per dollar, and when the dollar is weak, one cannot buy as much oil or gold. To an extent, you'd expect both gold...
Stock prices go up, stock prices go down -- and the reasons why aren't always obvious, at least not at first glance. Take the relationship between oil prices and gold prices. Both are commodities, generally priced in U.S. dollars. When the dollar is strong, one can buy more oil or gold per dollar, and when the dollar is weak, one cannot buy as much oil or gold. To an extent, you'd expect both gold and oil to rise and fall in tandem when the value of the U.S. dollar falls and rises. That logic hasn't been working well lately, however. Iran, oil, and gold On Feb. 28, 2026, U.S. and Israeli forces began to bomb Iran. Nervous about the conflict, investors initially fled to safe-haven assets such as gold, silver, and the U.S. dollar, which is up in value about 2% against other currencies over the past three weeks. (Generally, this should drive commodity prices down.) However, Iran responded to the attacks by closing the Strait of Hormuz, crimping global access to shipments, and driving the price of oil higher regardless. Gold and silver prices, though -- and gold and silver stocks -- fell in response. In fact, they've all been falling steadily for the past week and a half. Major gold producers such as Newmont Corp. (NEM 3.43%) and Barrick Mining (B 2.95%) are down 15% and 16%, respectively, over the last seven trading days. Hecla Mining (HL 2.44%), America's biggest silver miner, is down 17%. The declines roughly track declines in the prices of gold and silver, down 10% and 16%, respectively, over the same period. But aside from their tie to the U.S. dollar, what do the prices of gold and silver have to do with the price of oil? Expand NYSE : NEM Newmont Today's Change ( -3.43 %) $ -3.40 Current Price $ 95.80 Key Data Points Market Cap $104B Day's Range $ 94.34 - $ 99.87 52wk Range $ 42.93 - $ 134.88 Volume 31M Avg Vol 10M Gross Margin 49.78 % Dividend Yield 1.05 % Why high oil prices hurt precious metals mining stocks The theory goes like this: Oil is used everywhere in...
Key Points War in the Middle East drives oil prices higher, fueling inflation worries and higher interest rates. Investors may shift to buying bonds, which pay interest, instead of gold and silver, which don't. 10 stocks we like better than Newmont › Stock prices go up, stock prices go down -- and the reasons why aren't always obvious, at least not at first glance. Take the relationship between oi...
Key Points War in the Middle East drives oil prices higher, fueling inflation worries and higher interest rates. Investors may shift to buying bonds, which pay interest, instead of gold and silver, which don't. 10 stocks we like better than Newmont › Stock prices go up, stock prices go down -- and the reasons why aren't always obvious, at least not at first glance. Take the relationship between oil prices and gold prices. Both are commodities, generally priced in U.S. dollars. When the dollar is strong, one can buy more oil or gold per dollar, and when the dollar is weak, one cannot buy as much oil or gold. To an extent, you'd expect both gold and oil to rise and fall in tandem when the value of the U.S. dollar falls and rises. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That logic hasn't been working well lately, however. Iran, oil, and gold On Feb. 28, 2026, U.S. and Israeli forces began to bomb Iran. Nervous about the conflict, investors initially fled to safe-haven assets such as gold, silver, and the U.S. dollar, which is up in value about 2% against other currencies over the past three weeks. (Generally, this should drive commodity prices down.) However, Iran responded to the attacks by closing the Strait of Hormuz, crimping global access to shipments, and driving the price of oil higher regardless. Gold and silver prices, though -- and gold and silver stocks -- fell in response. In fact, they've all been falling steadily for the past week and a half. Major gold producers such as Newmont Corp. (NYSE: NEM) and Barrick Mining (NYSE: B) are down 15% and 16%, respectively, over the last seven trading days. Hecla Mining (NYSE: HL), America's biggest silver miner, is down 17%. The declines roughly track declines in the prices of gold and silver, down 10% and 16%, respectively, over the same pe...
Newcastle's training ground was a "sombre place" after Howe's side lost the Wear-Tyne derby in December. It will feel like a morgue following this defeat. It is one thing conceding seven goals against Barcelona at the Nou Camp - quite another for Newcastle to lose to their bitter rivals at St James' Park just a few days later. But such extreme setbacks are in keeping with Newcastle's wild season. ...
Newcastle's training ground was a "sombre place" after Howe's side lost the Wear-Tyne derby in December. It will feel like a morgue following this defeat. It is one thing conceding seven goals against Barcelona at the Nou Camp - quite another for Newcastle to lose to their bitter rivals at St James' Park just a few days later. But such extreme setbacks are in keeping with Newcastle's wild season. Just when Howe's men appeared to be generating a little momentum - defeating Chelsea and Manchester United in back-to-back league games - they have been brought crashing down to earth. But you never know what you are going to get with this team, which has been a recurring theme throughout a rollercoaster campaign. On one hand, Newcastle reached the last 16 of the Champions League for only the second time, as well as the Carabao Cup semi-finals for a third time in four seasons. On the other, they have suffered a whopping 13 league defeats. A side who looked primed to kick on after qualifying for the Champions League and ending a 70-year wait for a major domestic trophy have never truly got going with a sustained run this season. However, there was a recognition internally that there would be choppy waters to navigate after Newcastle lost star striker Alexander Isak, missed out on a host of top transfer targets and made four of their five permanent additions in the final fortnight of the summer window. It has taken the overwhelming majority of Newcastle's signings time to make an impact. Newcastle spent £124m on Nick Woltemade and Yoane Wissa yet the pair did not even get on the field at the Nou Camp this week. Woltemade made an impressive start at Newcastle, but has found himself being trialled as a midfielder of late, while Wissa has struggled to make any sort of lasting impression. It has got to the stage where winger Gordon is Newcastle's best option through the middle despite last summer's huge outlay. Yet Howe's most pressing issue is at the back. Remarkably, this leaky...
Micron Technology (MU) just completed one of the best quarters in its history, with most investors repeating "buy first, ask questions later" like a mantra. But a blunt warning from CEO Sanjay Mehrotra may be the detail that matters most for Wall Street. The memory-chip giant reported blockbuster ...
Micron Technology (MU) just completed one of the best quarters in its history, with most investors repeating "buy first, ask questions later" like a mantra. But a blunt warning from CEO Sanjay Mehrotra may be the detail that matters most for Wall Street. The memory-chip giant reported blockbuster ...
Madison Square Garden, New York City The British artist’s brilliantly ambitious first arena show is a breathtaking showcase of her artistic range, with pole dancing, vogue battles and sword fighting From time to time, photographs from FKA twigs ’ stint as a backup dancer make the rounds on social media. In the early days, when her name recognition was secondary to the likes of Jessie J and Peter A...
Madison Square Garden, New York City The British artist’s brilliantly ambitious first arena show is a breathtaking showcase of her artistic range, with pole dancing, vogue battles and sword fighting From time to time, photographs from FKA twigs ’ stint as a backup dancer make the rounds on social media. In the early days, when her name recognition was secondary to the likes of Jessie J and Peter Andre, Tahliah Barnett would take to the stage and use her body and talent in service of someone else’s vision. The drama of being visible yet never being fully seen would become an important subtext to her work. Misrecognition from a lover, by the public, from the internet, provided powerful emotional stakes to her songwriting, which she complemented with ultra-tactile music that teased and staggered payoffs that went further than any expected beat. The most definite proof that she has become an undeniable star in her own right comes tonight, when she tears the house down on her first ever arena date at Madison Square Garden. “Did you truly see me?” the singer whispers from bed in the show opener, Mirrored Heart. The immediate, roaring response is at funny odds with her lament that follows: “No, not this time.” If anything, the evening proves again and again just how intensely she and her audience seem to recognize one another. For one thing, the crowd is styled in her image, in fulfillment of her wish from Home With You to “see a hero like me in a sci-fi”. From blocks away, you can follow the stream of make-do Rick Owens looks and be certain that you are headed toward FKA twigs’ location. Inside the arena, it feels like New York is doing its best approximation of a Berlin nightclub: an orgy of black tank-tops, Lucite pleaser heels and constellations of facial piercings that must be a nightmare for the people running the metal detectors. Continue reading...
The US Department of War has designated Palantir’s Maven Smart System as a core program for operations planning. Reuters reported this news. The decision is outlined in a memorandum by Deputy Secretary of War Steven Feinberg dated March 9, 2026, which has only recently become public. The move effectively positions Palantir’s technology as a foundational operating system for the US military. The ne...
The US Department of War has designated Palantir’s Maven Smart System as a core program for operations planning. Reuters reported this news. The decision is outlined in a memorandum by Deputy Secretary of War Steven Feinberg dated March 9, 2026, which has only recently become public. The move effectively positions Palantir’s technology as a foundational operating system for the US military. The new status ensures stable long-term budget funding and enables the integration of AI tools across all branches of the US armed forces on a permanent basis. The military is already actively using the system. According to reports, Maven has played a key role in supporting thousands of strikes in the Middle East, including Iran, in recent weeks. Departure from the Abraham Lincoln aircraft carrier. Photo credits: US Navy On the first day of the operation alone, the system helped generate a list of more than 1,000 priority targets. Militarnyi reported that Pentagon chief Pete Hegseth had barred cooperation with Anthropic after the company declined to lift internal restrictions on the use of its AI systems. The dispute stemmed from a Pentagon demand to remove limits on the use of Anthropic technologies for lethal autonomous weapons and large-scale domestic surveillance.
When it comes to investing in artificial intelligence (AI), growth investors are beginning to look beyond the usual suspects in data centers, semiconductors, enterprise software, and cloud computing. The newest pillar supporting the AI bull narrative is quantum computing. IonQ (IONQ 2.10%) has emerged as one of the most influential names powering the quantum AI narrative. Let's dive into the compa...
When it comes to investing in artificial intelligence (AI), growth investors are beginning to look beyond the usual suspects in data centers, semiconductors, enterprise software, and cloud computing. The newest pillar supporting the AI bull narrative is quantum computing. IonQ (IONQ 2.10%) has emerged as one of the most influential names powering the quantum AI narrative. Let's dive into the company's performance last year and assess if now is a good time to buy this hot stock hand over fist. IonQ had an impressive year in 2025 According to McKinsey & Company, quantum computing applications could drive up to $2 trillion in economic value by 2035. With this type of growth potential, it's natural for investors to identify the companies fueling this new technological frontier. On the surface, IonQ seems to fit the definition of a category leader over its competition. In 2025, IonQ generated $130 million in revenue -- significantly higher than other quantum computing pure plays like Rigetti Computing and D-Wave Quantum. Considering IonQ's revenue slope is accelerating, the company must be positioned for an even more explosive year in 2026, right? Well, not so fast. There is more than meets the eye with IonQ Over the last few years, IonQ has spent more than $4 billion on acquisitions. Management has told investors that the various assets IonQ is acquiring are geared toward building a full-spectrum, vertically integrated quantum AI platform. Admittedly, this approach could work out in the long run. Should IonQ execute on its vision, the company can benefit in multiple ways. First, bringing various components of the value chain in-house should help reduce operating costs over time. In addition, as IonQ bolsters its ecosystem, the company may become more indispensable to its strategic partners -- including cloud hyperscalers Microsoft Azure, Amazon Web Services, and Alphabet's Google Cloud Platform, as well as AI king Nvidia. But despite the company's meteoric revenue growt...
Key Points IonQ generated explosive sales growth last year, exciting investors over its potential. While revenue is growing at a fast clip, the company's losses are mounting, too. IonQ presents an interesting opportunity, but its current valuation may not be sustainable. 10 stocks we like better than IonQ › When it comes to investing in artificial intelligence (AI), growth investors are beginning ...
Key Points IonQ generated explosive sales growth last year, exciting investors over its potential. While revenue is growing at a fast clip, the company's losses are mounting, too. IonQ presents an interesting opportunity, but its current valuation may not be sustainable. 10 stocks we like better than IonQ › When it comes to investing in artificial intelligence (AI), growth investors are beginning to look beyond the usual suspects in data centers, semiconductors, enterprise software, and cloud computing. The newest pillar supporting the AI bull narrative is quantum computing. IonQ (NYSE: IONQ) has emerged as one of the most influential names powering the quantum AI narrative. Let's dive into the company's performance last year and assess if now is a good time to buy this hot stock hand over fist. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » IonQ had an impressive year in 2025 According to McKinsey & Company, quantum computing applications could drive up to $2 trillion in economic value by 2035. With this type of growth potential, it's natural for investors to identify the companies fueling this new technological frontier. On the surface, IonQ seems to fit the definition of a category leader over its competition. In 2025, IonQ generated $130 million in revenue -- significantly higher than other quantum computing pure plays like Rigetti Computing and D-Wave Quantum. Considering IonQ's revenue slope is accelerating, the company must be positioned for an even more explosive year in 2026, right? Well, not so fast. There is more than meets the eye with IonQ Over the last few years, IonQ has spent more than $4 billion on acquisitions. Management has told investors that the various assets IonQ is acquiring are geared toward building a full-spectrum, vertically integrated quantum AI platform. Admittedly,...