Shares of Chinese AI model developers surged as Jensen Huang joining President Donald Trump’s trip to Beijing led traders to assess the potential benefits of China securing H200 chip supply from Nvidia Corp. Shares of MiniMax Group Inc. and Knowledge Atlas Technology Joint Stock Co., known as Zhipu, rose as much 18% and 38% respectively. Nvidia’s Huang joined Trump on his visit to China as a last-...
Shares of Chinese AI model developers surged as Jensen Huang joining President Donald Trump’s trip to Beijing led traders to assess the potential benefits of China securing H200 chip supply from Nvidia Corp. Shares of MiniMax Group Inc. and Knowledge Atlas Technology Joint Stock Co., known as Zhipu, rose as much 18% and 38% respectively. Nvidia’s Huang joined Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit. “Zhipu and Minimax seem to be excited on news that Jensen Huang is joining Trump on his trip to China, something that can raise odds of onshore LLMs getting access to better Nvidia chips,” said Jian Shi Cortesi , a fund manager at Gam Investment Management in Zurich said. “In general, these days people are mainly interested in anything related to AI.”
British Prime Minister Keir Starmer is under pressure to resign after more than 80 lawmakers in his Labour Party said he was not the right person to lead the country and win the next national election. He has vowed to stay on as no formal leadership challenge has yet been triggered. If Labour were to choose a new leader, here is a list of those in the frame to replace Starmer: Wes Streeting, 43...
British Prime Minister Keir Starmer is under pressure to resign after more than 80 lawmakers in his Labour Party said he was not the right person to lead the country and win the next national election. He has vowed to stay on as no formal leadership challenge has yet been triggered. If Labour were to choose a new leader, here is a list of those in the frame to replace Starmer: Wes Streeting, 43 Streeting has served as health and social care minister since Labour came to power in July 2024 – a...
The monumental soundtrack of Perry Henzell’s film, starring Jimmy Cliff, powered the best musical of 2025. Its creators discuss bringing their hit back after the reggae giant’s death On a chilly morning at a Silvertown studio behind London City airport, the sunburst intro to Jimmy Cliff’s The Harder They Come is on repeat. Dancers run through a routine studded with reggae and dancehall moves. “Get...
The monumental soundtrack of Perry Henzell’s film, starring Jimmy Cliff, powered the best musical of 2025. Its creators discuss bringing their hit back after the reggae giant’s death On a chilly morning at a Silvertown studio behind London City airport, the sunburst intro to Jimmy Cliff’s The Harder They Come is on repeat. Dancers run through a routine studded with reggae and dancehall moves. “Get high,” commands associate choreographer Neisha-yen Jones with a smile. “Get low!” The ensemble rise and dip. They do the bogle and whine around each other as their watchful director Matthew Xia nods along. They circle Natey Jones who breaks out the opening line: “Well, they tell me of a pie up in the sky.” In the distance, a plane leaves the ground. It’s eight months since The Harder They Come’s full-throttle takeoff at Stratford East, where the musical was so popular that it is now returning for a second run which will also serve as a eulogy for Cliff who died in November . Playwright Suzan-Lori Parks’ adaptation of Perry Henzell’s 1972 Jamaican film is bolstered by a handful of her own songs as well as classics including Israelites and Wonderful World, Beautiful People – plus every number on the film’s monumental soundtrack. Jones is reprising the role of Ivan (played on screen by Cliff and inspired by real-life outlaw Rhyging ), who arrives in Kingston from the country and is dismissed and exploited, before becoming both a hit singer and a fugitive. The original was akin to cinéma vérité, directly evoked spaghetti westerns and veered into blaxploitation territory; Ivan’s tale has gained greater warmth, humour and protest spirit on stage. It was the best musical I saw in 2025. Continue reading...
As the artificial intelligence (AI) revolution enters its next critical phase, the Founder of Niles Investment Management, Dan Niles, is looking past current market darlings, betting that Intel Corp. (NASDAQ:INTC) is poised for a massive hardware resurgence. Rise Of Agentic AI While Wall Street watched Nvidia Corp. (NASDAQ:NVDA) see its GPUs “explode higher” during the initial AI training boom, Ni...
As the artificial intelligence (AI) revolution enters its next critical phase, the Founder of Niles Investment Management, Dan Niles, is looking past current market darlings, betting that Intel Corp. (NASDAQ:INTC) is poised for a massive hardware resurgence. Rise Of Agentic AI While Wall Street watched Nvidia Corp. (NASDAQ:NVDA) see its GPUs “explode higher” during the initial AI training boom, Niles argues the landscape is fundamentally shifting. The catalyst is “Agentic AI”—systems capable of
British testing and inspection company Intertek ( IKTSF ) is set to accept a £9.4B ($12.7B) takeover offer from Swedish private equity firm EQT after previously rejecting three earlier bids over valuation concerns. EQT’s latest proposal offers Intertek shareholders £60 per share in cash plus a £1.10 annual dividend, implying a roughly 40% premium to Intertek’s April 15 closing price before the tak...
British testing and inspection company Intertek ( IKTSF ) is set to accept a £9.4B ($12.7B) takeover offer from Swedish private equity firm EQT after previously rejecting three earlier bids over valuation concerns. EQT’s latest proposal offers Intertek shareholders £60 per share in cash plus a £1.10 annual dividend, implying a roughly 40% premium to Intertek’s April 15 closing price before the takeover approach became public. More on Intertek Group plc, EQT EQT Corp.: Recent Selloff Further Highlights Underpricing EQT Corporation (EQT) Q1 2026 Earnings Call Transcript EQT Posted A Giant Quarterly Comparison As Expected Activist Palliser takes stake in EQT target Intertek - Bloomberg Americold, EQT form $1.3B cold storage joint venture
SoftBank Group press release ( SFTBY ): FY GAAP EPS of ¥872.47. Revenue of ¥7798.65B (+7.7% Y/Y). The company does not provide forecasts of consolidated results of operations as they are difficult to project due to numerous uncertainties affecting earnings. More on SoftBank Group Corp. SoftBank Group: Positives And Negatives Offset Each Other SoftBank Group Corp. (SFTB:CA) Discusses New Business S...
SoftBank Group press release ( SFTBY ): FY GAAP EPS of ¥872.47. Revenue of ¥7798.65B (+7.7% Y/Y). The company does not provide forecasts of consolidated results of operations as they are difficult to project due to numerous uncertainties affecting earnings. More on SoftBank Group Corp. SoftBank Group: Positives And Negatives Offset Each Other SoftBank Group Corp. (SFTB:CA) Discusses New Business Strategy and Transition to Complete Chip Sales Transcript SoftBank Group Corp. (SFTB:CA) Discusses New Business Strategy and Transition to Complete Chip Sales - Slideshow SoftBank launches large-scale battery business in Japan to build AI-era power infrastructure SoftBank, Toppan unveil lightweight wing skin for solar HAPS aircraft
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) said on Tuesday it will invest $250M at its gigafactory in Berlin, Germany, to boost production of battery cells for electric vehicles. “We announced a $250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs. Good news during challenging times for the Ge...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) said on Tuesday it will invest $250M at its gigafactory in Berlin, Germany, to boost production of battery cells for electric vehicles. “We announced a $250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs. Good news during challenging times for the German industry,” André Thierig, a senior Tesla executive at the Giga Berlin facility, said in a post on X. The Berlin-Brandenburg plant, which opened in March 2022, is Tesla’s first manufacturing site in Europe. The facility reached a record output of over 61,000 units in Q1. Tesla has been expanding production of its 4680 battery cells at Giga Berlin as part of a broader effort to lower battery costs and strengthen vertical integration for vehicles manufactured in Europe. Last month, Thierig said Tesla plans to ramp up Model Y production at the facility “by 20% starting in July '26.” To support the expansion, the company intends to hire around 1,000 additional employees and convert several hundred temporary workers into permanent staff. Giga Berlin serves as a major export hub for Model Y vehicles across Europe, supplying markets such as Belgium, Denmark, France, Italy, Norway, Spain, Sweden, and the UK. The plant also manufactures vehicles for shipment to India. “We plan to keep growing volumes further, not just in Berlin, but across all our factories. Our biggest limiter continues to be our battery pack capacity, and we are actively working on resolving that,” Tesla CFO Vaibhav Taneja said in April during Tesla’s first quarter earnings call. More on Tesla Tesla: Another Chance To Sell (Technical Analysis) Tesla's Five-Front Strategy: Why No Rival Can Match Its Full Scope Tesla's Invisible Moat: The Most Elegant Physical AI Training Program Ever Built OpenAI CEO says startup got 'morale boost' after Musk left board Here's the full list of business executives invited to go ...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) said on Tuesday it will invest $250M at its gigafactory in Berlin, Germany, to boost production of battery cells for electric vehicles. “We announced a $250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs. Good news during challenging times for the Ge...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) said on Tuesday it will invest $250M at its gigafactory in Berlin, Germany, to boost production of battery cells for electric vehicles. “We announced a $250m investment for our Giga Berlin Cell factory. This will enable 18GWh of annual 4680 cell production and create more than 1500 new jobs. Good news during challenging times for the German industry,” André Thierig, a senior Tesla executive at the Giga Berlin facility, said in a post on X. The Berlin-Brandenburg plant, which opened in March 2022, is Tesla’s first manufacturing site in Europe. The facility reached a record output of over 61,000 units in Q1. Tesla has been expanding production of its 4680 battery cells at Giga Berlin as part of a broader effort to lower battery costs and strengthen vertical integration for vehicles manufactured in Europe. Last month, Thierig said Tesla plans to ramp up Model Y production at the facility “by 20% starting in July '26.” To support the expansion, the company intends to hire around 1,000 additional employees and convert several hundred temporary workers into permanent staff. Giga Berlin serves as a major export hub for Model Y vehicles across Europe, supplying markets such as Belgium, Denmark, France, Italy, Norway, Spain, Sweden, and the UK. The plant also manufactures vehicles for shipment to India. “We plan to keep growing volumes further, not just in Berlin, but across all our factories. Our biggest limiter continues to be our battery pack capacity, and we are actively working on resolving that,” Tesla CFO Vaibhav Taneja said in April during Tesla’s first quarter earnings call. More on Tesla Tesla: Another Chance To Sell (Technical Analysis) Tesla's Five-Front Strategy: Why No Rival Can Match Its Full Scope Tesla's Invisible Moat: The Most Elegant Physical AI Training Program Ever Built OpenAI CEO says startup got 'morale boost' after Musk left board Here's the full list of business executives invited to go ...
On today's show, Nvidia co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes summit in Beijing. Trump also said his focus with President Xi will be trade, not the Iran War. In a Bloomberg Scoop, Anthropic is in early talks with investors to raise at least $30 billion in fresh fi...
On today's show, Nvidia co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes summit in Beijing. Trump also said his focus with President Xi will be trade, not the Iran War. In a Bloomberg Scoop, Anthropic is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet. And Britain braces for another day of political drama. Keir Starmer is due to confront one of his main rivals at a behind-closed-doors meeting on Wednesday morning, before King Charles III will unveil the government's agenda for the year ahead, as Starmer fights for his future in Downing Street. Today's guest: Tim Bale, Professor of Politics, Queen Mary University of London & Siemens CEO, Roland Busch. (Source: Bloomberg)
A number of the health secretary’s allies called for the prime minister’s resignation but Streeting has yet to call for a formal leadership challenge Report: Starmer given a lifeline after Streeting challenge fails to materialise Good morning. There are two main events in the diary today. At this point, it is not entirely clear which will turn out to be more consequential. At 11.15am the king will...
A number of the health secretary’s allies called for the prime minister’s resignation but Streeting has yet to call for a formal leadership challenge Report: Starmer given a lifeline after Streeting challenge fails to materialise Good morning. There are two main events in the diary today. At this point, it is not entirely clear which will turn out to be more consequential. At 11.15am the king will arrive at parliament for the state opening. The king’s speech sets out the legislative programme for the next year. Kiran Stacey has a preview here. Continue reading...