"Actions Speak Louder Than Words": Can Tom Steyer Now Sue Katie Porter For Defamation? Authored by Jonathan Turley, California gubernatorial candidate Tom Steyer has run on the slogan of “actions speak louder than words.” It may now be time for him to prove it and bring a defamation action against opponent Katie Porter for her accusations that he engaged in dirty politics. Porter used a CNN interv...
"Actions Speak Louder Than Words": Can Tom Steyer Now Sue Katie Porter For Defamation? Authored by Jonathan Turley, California gubernatorial candidate Tom Steyer has run on the slogan of “actions speak louder than words.” It may now be time for him to prove it and bring a defamation action against opponent Katie Porter for her accusations that he engaged in dirty politics. Porter used a CNN interview to accuse Steyer of finding and leaking the infamous video of her abusing a staffer and yelling “ Get out of my f**king shot .” Katie Porter’s campaign for governor has languished at around ten percent, even after the implosion of Eric Swalwell as the frontrunner among Democratic candidates. At times, she appears to be seeking to win by profanity rather than policies, holding up signs reading “F**k Trump” and other insults. On CNN’s Inside Politics, however, Porter may have gone too far with her rhetoric. She told Dana Bash that it was Steyer who stabbed her in the back with the video: “Well, given that Tom Steyer is the person who leaked the video with me and the staffer from five years ago, he pretty clearly wanted to be governor bad enough to knock me down to do it.” Steyer’s campaign immediately denied the allegation, insisting (through spokesperson Sepi Esfahlani) “Tom has nothing to do with that video. This is an attempt from Katie Porter to deflect from her past mistakes. Katie Porter only has one person to blame for her standing in the race, and it’s herself.” As for Bash, the host clearly wanted to set the network apart from Porter’s claims, stating at the end of the interview “I should note that we don’t have evidence that Steyer leaked that video of you. If you have it, please bring it.” That evidence has not been forthcoming. The question is whether Porter has produced a more viable defamation case than a political campaign. At the outset, Steyer would face the higher burden as a public figure. In New York Times v. Sullivan, the Supreme Court crafted the act...
Shares of SanDisk (NASDAQ:SNDK) are down 9% to around $1,405 in Tuesday midday trading. Micron Technology (NASDAQ:MU) stock is off 9% to $724, while Western Digital (NASDAQ:WDC) shares have dropped 8% to $476. The coordinated pullback is hitting the entire memory and storage complex at once. The synchronized drop comes just one trading session after ... SanDisk and Micron Fall 9%, Western Digital ...
Shares of SanDisk (NASDAQ:SNDK) are down 9% to around $1,405 in Tuesday midday trading. Micron Technology (NASDAQ:MU) stock is off 9% to $724, while Western Digital (NASDAQ:WDC) shares have dropped 8% to $476. The coordinated pullback is hitting the entire memory and storage complex at once. The synchronized drop comes just one trading session after ... SanDisk and Micron Fall 9%, Western Digital Drops 8% as Memory Supercycle Trade Hits Pause Button
Dutchman resigned in February due to daughter’s health Compatriot Rutten stood down from role on Monday Dick Advocaat will lead Curaçao to their first World Cup and become the oldest manager in the tournament’s history after returning to the job. The 78-year-old was in charge when the Caribbean island reached the finals but resigned three months later because of his daughter’s health. “Advocaat is...
Dutchman resigned in February due to daughter’s health Compatriot Rutten stood down from role on Monday Dick Advocaat will lead Curaçao to their first World Cup and become the oldest manager in the tournament’s history after returning to the job. The 78-year-old was in charge when the Caribbean island reached the finals but resigned three months later because of his daughter’s health. “Advocaat is returning,” the president of the Curaçao Football Federation (FFK), Gilbert Martina, said in a phone message. More details soon … Continue reading...
sankai/iStock via Getty Images Cirrus Logic, Inc. ( CRUS ) is gaining operational momentum as the organization navigates new developments for the next generation of Apple ( AAPL ) devices while aiming to further diversify its industry concentration into industrial automation. With the expectation of industrial reshoring in the U.S. and an increased focus on automated processes, I believe there cou...
sankai/iStock via Getty Images Cirrus Logic, Inc. ( CRUS ) is gaining operational momentum as the organization navigates new developments for the next generation of Apple ( AAPL ) devices while aiming to further diversify its industry concentration into industrial automation. With the expectation of industrial reshoring in the U.S. and an increased focus on automated processes, I believe there could be long-term value to accrue in the industrial market, particularly if Cirrus’s content is developed domestically. Despite the appealing opportunities at hand, I believe the growth has been priced into shares given the relatively high trading premium of 13.33x EV/aEBITDA. With limited upside potential beyond the historical average trading premium, I am recommending CRUS shares with a Hold rating with a price target of $154/share at 10.82x eFY29 EV/aEBITDA. Cirrus Logic Operational Update Cirrus closed FY26 with strong footing with nearly $2b in net sales paired with incremental margin improvements, ending the fiscal year with a 91 bps improvement to the adjusted EBITDA margin. Performance was led by strength in the smartphone and PC markets, delivering 13% growth for its high-precision audio components, which include analog-to-digital & digital-to-analog converters, integrated circuits, and standalone digital signal processors across smartphones, laptops, tablets, AR/VR headsets, wearables, and connected devices. Delivering on its momentum, Cirrus is planning to accelerate R&D investments in eFY27 to drive innovation across industrial and audio devices to better facilitate agentic AI applications as potential growth drivers for the coming years. Within its smartphone audio business, Cirrus released its 22nm smart codec amplifier, delivering system-level improvements that are expected to have a long-tail growth cycle across the next generation of handheld devices. Consequently, Cirrus is expected to reallocate R&D to new product development to further advance its technolo...
alexsl Wells Fargo’s equity research team says several key market indicators continue to support a constructive outlook for equities, even as its broader models recently generated a sell signal. The bank emphasized that they are not bearish on the market, citing strong corporate earnings momentum, accelerating artificial intelligence adoption, and improving liquidity conditions as major supportive...
alexsl Wells Fargo’s equity research team says several key market indicators continue to support a constructive outlook for equities, even as its broader models recently generated a sell signal. The bank emphasized that they are not bearish on the market, citing strong corporate earnings momentum, accelerating artificial intelligence adoption, and improving liquidity conditions as major supportive forces for stocks. One of the firm’s primary bullish arguments centers around earnings growth. According to Wells Fargo, S&P 500 ( SP500 ) companies exceeded earnings expectations by roughly 6% during the latest reporting season, marking the sixth consecutive quarter of earnings surprises above 5%. First-quarter earnings per share also climbed 18% year-over-year, representing a notable acceleration from the prior quarter and the strongest pace of growth since late 2024. The firm also pointed to continued strength in the artificial intelligence trade. Wells Fargo noted that both semiconductor companies and hyperscale cloud providers delivered encouraging results, with hyperscalers reporting cloud revenue acceleration of roughly six percentage points as AI monetization trends improve. In addition, Wells Fargo highlighted a “mini liquidity upcycle” after its proprietary liquidity indicator triggered a buy signal with a reading of 1.3. Historically, similar conditions have been followed by average S&P 500 gains of approximately 15% over the subsequent six months. S&P 500 Funds: ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( FXAIX ), ( VFIAX ), ( VFFSX ), and ( SWPPX ). More on markets China’s high-tech exports surge nearly 40% as AI demand accelerates Michael Burry issues new market warning as stocks push to record highs 'The S&P 500 is not a diversified index anymore,' Apollo’s Slok says S&P 500 to 8,000 this year? Nearly 50% of prediction market traders think so Goldman Sachs flags Amazon and Alphabet for inflating S&P 500 earnings growth...
Demis Hassabis is the co-founder and CEO of Google’s DeepMind artificial-intelligence lab, which has spun out a startup called Isomorphic Labs to use AI to accelerate the creation of new drugs.
Demis Hassabis is the co-founder and CEO of Google’s DeepMind artificial-intelligence lab, which has spun out a startup called Isomorphic Labs to use AI to accelerate the creation of new drugs.
On May 11, 2026, First Wilshire Securities Management disclosed a significant purchase of Gibraltar Industries (NASDAQ:ROCK) shares, with an estimated trade value of $17.93 million based on quarterly average pricing. According to a recent SEC filing dated May 11, 2026, First Wilshire Securities Management increased its holding in Gibraltar Industries by 370,985 shares during the first quarter. The...
On May 11, 2026, First Wilshire Securities Management disclosed a significant purchase of Gibraltar Industries (NASDAQ:ROCK) shares, with an estimated trade value of $17.93 million based on quarterly average pricing. According to a recent SEC filing dated May 11, 2026, First Wilshire Securities Management increased its holding in Gibraltar Industries by 370,985 shares during the first quarter. The estimated value of this trade is $17.93 million based on the average closing price for the quarter. The quarter-end value of the position rose by $13.56 million, a figure that includes both the share addition and any stock price changes during the period. Gibraltar Industries is a diversified manufacturer and distributor of building products with a strategic focus on renewable energy, residential construction, agtech, and infrastructure solutions. The company leverages its engineering and manufacturing capabilities to deliver integrated solutions for complex customer needs in both established and emerging markets. Continue reading
Zero Latency has launched its distributed Zerogrid AI inference grid powered by NVIDIA Blackwell GPUs and Red Hat AI. The deployment focuses on edge and industrial AI, using a neocloud model to run high performance workloads closer to where data is created. This marks an expansion of NVIDIA platforms beyond centralized data centers into decentralized, low latency environments. NVIDIA (NasdaqGS:NVD...
Zero Latency has launched its distributed Zerogrid AI inference grid powered by NVIDIA Blackwell GPUs and Red Hat AI. The deployment focuses on edge and industrial AI, using a neocloud model to run high performance workloads closer to where data is created. This marks an expansion of NVIDIA platforms beyond centralized data centers into decentralized, low latency environments. NVIDIA (NasdaqGS:NVDA) is already a key reference point for many investors following AI infrastructure, and this...
Brandon Moser SpaceX ( SPACE ) and Google ( GOOG ) ( GOOGL ) are in discussions about using the former's rocket launches to put data centers into space for the latter, The Wall Street Journal reported , citing people familiar with the matter. Google is also speaking to other rocket-launch companies about a similar deal, the news outlet added, citing a person familiar with the matter. Google and Sp...
Brandon Moser SpaceX ( SPACE ) and Google ( GOOG ) ( GOOGL ) are in discussions about using the former's rocket launches to put data centers into space for the latter, The Wall Street Journal reported , citing people familiar with the matter. Google is also speaking to other rocket-launch companies about a similar deal, the news outlet added, citing a person familiar with the matter. Google and SpaceX did not immediately respond to a request for comment from Seeking Alpha. Google shares fell in midday trading on Tuesday. The idea to put data centers for AI computing into space has prompted skepticism from many engineers because of the technical challenges posed by building solar-powered AI data centers that circle Earth. However, the idea has continued to gain traction, and SpaceX CEO Elon Musk has become obsessed with the idea of SpaceX being the first to do it. SpaceX is preparing an initial public offering, which could come as soon as the second quarter of 2026. The company is likely to go public at a valuation of roughly $1.75T, making it one of the largest publicly traded companies. More on SpaceX and Alphabet Alphabet: Let Your Winners Run Alphabet: Still The Pick Of The Bunch In Big Tech Alphabet: Buy Ahead Of A Strong Catalyst Klarna and Affirm to be integrated into Google Search, Gemini app within Google Pay (updated) Waymo recalls robotaxis after flooded road incident
janiecbros/E+ via Getty Images Key takeaways: Daily pricing is not price discovery. Producing a daily price mark using model-based inputs is simply a higher-frequency version of the same process that already generates wide dispersion among prices of comparable assets. Without market-clearing transactions to anchor valuations, the result is more noise rather than more accuracy. The core issue is ob...
janiecbros/E+ via Getty Images Key takeaways: Daily pricing is not price discovery. Producing a daily price mark using model-based inputs is simply a higher-frequency version of the same process that already generates wide dispersion among prices of comparable assets. Without market-clearing transactions to anchor valuations, the result is more noise rather than more accuracy. The core issue is observability, not frequency. Price marks diverge because managers use different assumptions, and no one is required to transact at the stated price. Until that changes, dispersion will persist regardless of how often valuations are updated. True secondary market liquidity faces formidable structural barriers, and the more achievable near-term fix is better governance. Independent valuation agents, standardized methodologies, and tighter oversight can narrow dispersion meaningfully – but not completely eliminate it. Within private credit, attempts to increase liquidity – the ability to buy or sell an asset quickly, in size, and at prices reflecting fundamental values – are welcome developments, in our view. Yet until these efforts address the market’s inherent structural constraints, including a lack of true price discovery, they will only increase the perception of liquidity without truly improving liquidity. The debate over daily pricing in private credit portfolios has evolved from a narrow accounting question into a proposed remedy for the market’s dispersed – and often stale – valuations. Two related developments have driven this shift. First, price mark dispersion for loans held across multiple business development company (BDC) portfolios has widened sharply in recent quarters. By year-end 2025, marks for the same instrument were, on average, about five points apart (see Figure 1). These gaps are difficult to reconcile with the notion of arm’s-length fair value determinations for identical assets. Figure 1: Mark dispersion for loans held across multiple BDC portfolios ...
Alphabet Inc. ’s Google is in talks with Elon Musk ’s SpaceX to launch the search company’s orbital data centers, the Wall Street Journal reported on Tuesday. Google is also exploring deals with other launch providers, the newspaper said, citing people familiar with the matter.
Alphabet Inc. ’s Google is in talks with Elon Musk ’s SpaceX to launch the search company’s orbital data centers, the Wall Street Journal reported on Tuesday. Google is also exploring deals with other launch providers, the newspaper said, citing people familiar with the matter.
Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) just gave investors a side by side look at two very different streaming playbooks. Netflix posted a Q1 FY26 beat on revenue but a rare EPS miss, while Disney delivered its fiscal Q2 FY26 with a streaming profitability milestone, record parks revenue, and an ESPN reset. Ad Tier Carries Netflix. ... Netflix vs Disney: Only One Is a Winner of The Streaming ...
Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) just gave investors a side by side look at two very different streaming playbooks. Netflix posted a Q1 FY26 beat on revenue but a rare EPS miss, while Disney delivered its fiscal Q2 FY26 with a streaming profitability milestone, record parks revenue, and an ESPN reset. Ad Tier Carries Netflix. ... Netflix vs Disney: Only One Is a Winner of The Streaming War