Hogogo U.S. President Donald Trump met Chinese leader Xi Jinping in Beijing on Thursday morning, launching a high-stakes summit expected to span two days and focus on trade, tariffs, Taiwan, and Iran. The relationship between the two countries is going to be “better than ever before,” Trump told Xi in his opening remarks, according to official broadcast footage. Trump, who also traveled to China i...
Hogogo U.S. President Donald Trump met Chinese leader Xi Jinping in Beijing on Thursday morning, launching a high-stakes summit expected to span two days and focus on trade, tariffs, Taiwan, and Iran. The relationship between the two countries is going to be “better than ever before,” Trump told Xi in his opening remarks, according to official broadcast footage. Trump, who also traveled to China in 2017 during his first term, said he and Xi have known each other personally longer than any other U.S. or Chinese president. Speaking just ahead of Trump, Xi noted the global attention on the meeting, and said a major question for the two countries was whether they could avoid the “Thucydides Trap,” CNBC reported, citing an official English translation of Xi's Chinese remarks broadcast by CCTV. The Thucydides Trap refers to how tensions historically between a rising and ruling power have often resulted in a war. Graham Allison, the Harvard professor who popularized the concept, told CNBC’s “Squawk Box Asia” that he expects the trade truce Trump and Xi reached at their meeting in South Korea last fall will become a formal agreement. Xi also said that Taiwan was the most important issue for U.S.-China relations, and if not handled well it would push the bilateral relationship to a “dangerous” place, according to state media. Elsewhere, SK Hynix ( HXSCL ) surged on AI-driven optimism amid the US- China summit, nearing a $1T valuation and set to become only the second South Korean company after Samsung to enter the trillion-dollar club, with its stock up more than 200% this year. More on markets, etc. Kevin Warsh Gets Confirmed For Fed Chairman - Reactions For Dow Jones, Nasdaq And S&P 500 Making Sense Of The Market Rally Headline Inflation Cooled In April, But Core Pressures Picked Up Large caps pull ahead in AI productivity race - KKR Wells Fargo still sees two Fed rate cuts in 2026 despite recent hot inflation reports
Abu Dhabi’s L’imad Holding is joining local and global partners in an investment venture targeting $30 billion of infrastructure projects, underscoring the central role the new sovereign wealth fund is likely to play in the emirate’s ambitions. The fund, chaired by Abu Dhabi’s crown prince, will partner with BlackRock Inc . unit Global Infrastructure Partners , Singapore’s Temasek Holdings Pte . a...
Abu Dhabi’s L’imad Holding is joining local and global partners in an investment venture targeting $30 billion of infrastructure projects, underscoring the central role the new sovereign wealth fund is likely to play in the emirate’s ambitions. The fund, chaired by Abu Dhabi’s crown prince, will partner with BlackRock Inc . unit Global Infrastructure Partners , Singapore’s Temasek Holdings Pte . and Abu Dhabi National Oil Co. , according to a statement on Thursday. The venture will target opportunities across energy, transportation, logistics and waste management in the Gulf Cooperation Council and Central Asia. The partnership will seek a mix of equity and debt financing for the investment portfolio. “Infrastructure forms one of the key pillars of our investment strategy, especially in markets where demand is underpinned by structural trends,” L’imad Chief Executive Officer Jassem Al Zaabi said in the statement. The partnership is the latest sign that Middle Eastern investors are pushing ahead with dealmaking despite the tentative ceasefire between the US and Iran, after a conflict that saw the Islamic Republic strike energy and infrastructure assets across Arab nations. L’imad, which means “the pillar” in Arabic, made headlines last year after joining influential Gulf funds in backing Paramount Skydance Corp.’s hostile bid for Warner Bros. Discovery Inc. Abu Dhabi has also folded into it the owner of McLaren Automotive and its stake in Chinese electric-vehicle maker Nio Inc. The wealth fund is also expected to play a key role in the emirate’s push to boost investments in China, along with Mubadala Investment Co., Bloomberg News reported last month .
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report The Iran war, and the resulting jump in borrowing costs, is dampening the UK housing market. My colleague Tom Knowles reports: Fears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents. De...
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report The Iran war, and the resulting jump in borrowing costs, is dampening the UK housing market. My colleague Tom Knowles reports: Fears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents. Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading...
Taiwan Semiconductor Introduces the 'Three-Layer Cake' Theory for AI Chips: Optical Interconnects Deemed 'Most Important in the Future,' COUPE Technology May Take Center Stage Moomoo
Taiwan Semiconductor Introduces the 'Three-Layer Cake' Theory for AI Chips: Optical Interconnects Deemed 'Most Important in the Future,' COUPE Technology May Take Center Stage Moomoo
Neptune Insurance ( NP ) priced a public offering of 9.84M Class A shares at $27.50 per share by existing shareholders. As part of the proposed offering, the company intends to concurrently purchase from the underwriters 984,140 shares of Class A common stock at a price per share of $26.40. The repurchased shares will be retired and will no longer be outstanding after the proposed offering. The of...
Neptune Insurance ( NP ) priced a public offering of 9.84M Class A shares at $27.50 per share by existing shareholders. As part of the proposed offering, the company intends to concurrently purchase from the underwriters 984,140 shares of Class A common stock at a price per share of $26.40. The repurchased shares will be retired and will no longer be outstanding after the proposed offering. The offering is expected to close on May 15, 2026. More on Neptune Insurance Holdings Inc. Neptune Insurance Holdings Inc. (NP) Q1 2026 Earnings Call Transcript Neptune Insurance Holdings Inc. 2026 Q1 - Results - Earnings Call Presentation Neptune Insurance: Riding Flood Insurance Regulatory Tailwinds Neptune Insurance launches secondary share offering with concurrent buyback Neptune outlines $195M 2026 revenue target and authorizes $100M buyback as Atlas+ beta expands
In China, Elon Musk has been the object of love - and occasional loathing. The Tesla boss has been both lauded as a visionary and criticised by Chinese regulators and the public for the alleged bungling of customer complaints. In addition, the dominance of SpaceX and its Starlink satellite unit has raised the ire of the People's Liberation Army. And as the gap between Tesla and its Chinese EV riv...
In China, Elon Musk has been the object of love - and occasional loathing. The Tesla boss has been both lauded as a visionary and criticised by Chinese regulators and the public for the alleged bungling of customer complaints. In addition, the dominance of SpaceX and its Starlink satellite unit has raised the ire of the People's Liberation Army. And as the gap between Tesla and its Chinese EV rivals narrows, Musk is at risk of losing prestige and influence.
Earnings Call Insights: AmpliTech Group, Inc. (AMPG) Q1 2026 Management View “The first quarter of 2026 reflects meaningful progress across several areas of our business. We achieved substantial revenue growth year-over-year and expanded gross margin significantly, strengthened our balance sheet and continued transitioning key technologies from development into commercial deployment.” (Founder, Ch...
Earnings Call Insights: AmpliTech Group, Inc. (AMPG) Q1 2026 Management View “The first quarter of 2026 reflects meaningful progress across several areas of our business. We achieved substantial revenue growth year-over-year and expanded gross margin significantly, strengthened our balance sheet and continued transitioning key technologies from development into commercial deployment.” (Founder, Chairman, President, CEO, CTO & Treasurer Fawad Maqbool) “At this time, we are not changing our full-year revenue guidance.” (CEO Maqbool) “As a result, we currently expect our revenue profile of the year to be more heavily weighted towards the later quarters and we have mentioned this in the last investor call as well.” (CEO Maqbool) “We continue to receive orders related to our $40 million LOI with the North American MNO, for which shipments resumed earlier in April.” (CEO Maqbool) “Our distribution business is also experiencing an uptick in demand, contributing nicely to the over $20 million in backlog orders the company currently has.” (CEO Maqbool) “Revenue increased 48.6% year-over-year to $5.35 million compared to $3.6 million in the first quarter of 2025.” (CFO, Secretary & Director Louisa Sanfratello) “Gross margin improved significantly to 48% compared to 33% in the prior year period.” (CFO Sanfratello) “During the first quarter, the company completed both a rights offering and a registered direct offering, generating aggregate net proceeds exceeding $16 million to support growth initiatives, working capital requirements and operational expansion.” (CFO Sanfratello) Outlook “Absolutely, yes. Based on the visibility we have today, including funded purchase orders, customer forecasts, active deployment schedules and ongoing discussions across our commercial pipeline, we continue to believe our full-year revenue outlook remains achievable.” (Chief Operating Officer Jorge Flores) “As a result, we currently expect a greater portion of 2026 revenue to be weighted towards ...