Sundry Photography The U.S. has cleared around 10 Chinese firms to buy Nvidia's ( NVDA ) second-most powerful AI chip, the H200, but not a single delivery has been made so far, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week, Reuters reported. Huang, who was not initially listed in a White House delegation to Beijing, joined the trip after an ...
Sundry Photography The U.S. has cleared around 10 Chinese firms to buy Nvidia's ( NVDA ) second-most powerful AI chip, the H200, but not a single delivery has been made so far, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week, Reuters reported. Huang, who was not initially listed in a White House delegation to Beijing, joined the trip after an invitation from President Donald Trump. Trump picked him up in Alaska en route to a summit with Chinese President Xi Jinping, raising hopes the trip could finally unlock stalled efforts to sell the H200 chips in China, as per the report. Before U.S. export curbs tightened, Nvidia ( NVDA ) commanded about 95% of China’s advanced chip market. China once accounted for 13% of its revenue, and Huang has previously estimated the country's AI market alone would be worth $50B this year. The U.S. Commerce Department has approved around 10 Chinese companies including Alibaba ( BABA ), Tencent ( TCEHY ), ByteDance ( BDNCE ) and JD.com ( JD ) to purchase Nvidia's H200 chips, according to the sources, who spoke on condition of anonymity due to the sensitivity of the matter. A handful of distributors including Lenovo ( LNVGY ) and Foxconn ( FXCOF ) have also been approved, they said. Buyers are permitted to purchase either directly from Nvidia or through those intermediaries and each approved customer can purchase up to 75,000 chips under the U.S. licensing terms, two of them said. More on Nvidia, JD.com, etc. Tencent Holdings Limited (TCEHY) Q1 2026 Earnings Call Transcript Fundamentals Over Everything Alibaba: A Full Stack AI Monster Why one investor thinks semis, energy still have more upside Nvidia, AMD still among BofA's top chip stocks as AI likely to stay 'stronger for longer'
Sundry Photography The U.S. has cleared around 10 Chinese firms to buy Nvidia's ( NVDA ) second-most powerful AI chip, the H200, but not a single delivery has been made so far, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week, Reuters reported. Huang, who was not initially listed in a White House delegation to Beijing, joined the trip after an ...
Sundry Photography The U.S. has cleared around 10 Chinese firms to buy Nvidia's ( NVDA ) second-most powerful AI chip, the H200, but not a single delivery has been made so far, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week, Reuters reported. Huang, who was not initially listed in a White House delegation to Beijing, joined the trip after an invitation from President Donald Trump. Trump picked him up in Alaska en route to a summit with Chinese President Xi Jinping, raising hopes the trip could finally unlock stalled efforts to sell the H200 chips in China, as per the report. Before U.S. export curbs tightened, Nvidia ( NVDA ) commanded about 95% of China’s advanced chip market. China once accounted for 13% of its revenue, and Huang has previously estimated the country's AI market alone would be worth $50B this year. The U.S. Commerce Department has approved around 10 Chinese companies including Alibaba ( BABA ), Tencent ( TCEHY ), ByteDance ( BDNCE ) and JD.com ( JD ) to purchase Nvidia's H200 chips, according to the sources, who spoke on condition of anonymity due to the sensitivity of the matter. A handful of distributors including Lenovo ( LNVGY ) and Foxconn ( FXCOF ) have also been approved, they said. Buyers are permitted to purchase either directly from Nvidia or through those intermediaries and each approved customer can purchase up to 75,000 chips under the U.S. licensing terms, two of them said. More on Nvidia, JD.com, etc. Tencent Holdings Limited (TCEHY) Q1 2026 Earnings Call Transcript Fundamentals Over Everything Alibaba: A Full Stack AI Monster Why one investor thinks semis, energy still have more upside Nvidia, AMD still among BofA's top chip stocks as AI likely to stay 'stronger for longer'
Chalabala/iStock via Getty Images Overview When I previously covered the Blackstone Long-Short Credit Income Fund ( BGX ), I issued a hold rating due to the fund's vulnerability to defaults and lower earnings growth. Since then, the share price has declined, and the total return remains in negative territory. BGX has also released an updated annual report for its 2025 period, so I thought it would...
Chalabala/iStock via Getty Images Overview When I previously covered the Blackstone Long-Short Credit Income Fund ( BGX ), I issued a hold rating due to the fund's vulnerability to defaults and lower earnings growth. Since then, the share price has declined, and the total return remains in negative territory. BGX has also released an updated annual report for its 2025 period, so I thought it would be a good time to reassess the fund's earnings and outlook for the remainder of the year. The fund trades at an attractive valuation, but I suspect there are more downside risks for investors to consider. At the time of my last coverage, BGX traded at a discount to NAV of 10.6%. Following the slight pullback in share price, BGX now trades at a slightly larger discount to NAV of 12.01%. Referring to the red line on the graph below, we can see that BGX continues to trade at the more attractive end of its historical price-to-NAV range. For reference, BGX has traded at an average discount to NAV of 8.51% over the last five-year period. While I would love to see this as an opportunity for accumulation, I believe that the growing discount is a direct reflection of the challenges that BGX continues to face at this time. CEFData.com BGX now offers a starting dividend yield of about 7.7%, while issuing those payouts on a quarterly basis. After reviewing the latest earnings report, I don't believe that the current payouts are sustainable. As it stands, the fund is actively paying out more than it earns, and this will continue to erode its NAV over time. If interest rates remain elevated, I don't believe the fund will have any meaningful growth catalysts in the near term, which ultimately reduces the appeal of BGX right now. Software Exposure is an Issue According to the latest fact sheet , BGX has total managed assets of $231M that are spread across a diverse range of debt-focused investments. Approximately 85% of the portfolio is allocated to securities that are structured as float...
Coeur Mining ( CDE ) declares $0.02/share semi-annual dividend . Forward yield 0.2% Payable June 10; for shareholders of record May 25; ex-div May 21. See CDE Dividend Scorecard, Yield Chart, & Dividend Growth. More on Coeur Mining Coeur Mining: Higher Gold Prices Are Only Half The Story Coeur Mining: High-Yield Growth Without The Geopolitical Headaches Coeur Mining, Inc. 2026 Q1 - Results - Earni...
Coeur Mining ( CDE ) declares $0.02/share semi-annual dividend . Forward yield 0.2% Payable June 10; for shareholders of record May 25; ex-div May 21. See CDE Dividend Scorecard, Yield Chart, & Dividend Growth. More on Coeur Mining Coeur Mining: Higher Gold Prices Are Only Half The Story Coeur Mining: High-Yield Growth Without The Geopolitical Headaches Coeur Mining, Inc. 2026 Q1 - Results - Earnings Call Presentation Coeur outlines 2026 targets of >$3B EBITDA and $2B free cash flow following New Gold deal close Silver’s 2026 rally cracks from record highs, Andean Precious Metals plunges 36% YTD
Manulife Financial ( MFC ) declares CAD 0.485/share quarterly dividend, in line with previous. Forward yield 3.54% Payable June 19; for shareholders of record May 29; ex-div May 29. See MFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Manulife Financial Corporation Manulife Financial Corporation (MFC:CA) Presents at 24th Annual Financial Services Conference Transcript Manulife Keeps...
Manulife Financial ( MFC ) declares CAD 0.485/share quarterly dividend, in line with previous. Forward yield 3.54% Payable June 19; for shareholders of record May 29; ex-div May 29. See MFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Manulife Financial Corporation Manulife Financial Corporation (MFC:CA) Presents at 24th Annual Financial Services Conference Transcript Manulife Keeps The Bulls Coming For Canada's Insurance Giant, As Margins Impress Manulife Financial stock slips as Q1 earnings, core ROE underwhelm Manulife Financial Q1 2026 Earnings Preview Historical earnings data for Manulife Financial Corporation
Shenzhen Adtek Technology Co. is considering an initial public offering in Hong Kong, according to people familiar with the matter, adding to a wave of Chinese listings by businesses related to data centers and artificial intelligence. The provider of optical connectivity products for data centers, networks and telecommunications operators is working with Citic Securities Co. and Jefferies Financi...
Shenzhen Adtek Technology Co. is considering an initial public offering in Hong Kong, according to people familiar with the matter, adding to a wave of Chinese listings by businesses related to data centers and artificial intelligence. The provider of optical connectivity products for data centers, networks and telecommunications operators is working with Citic Securities Co. and Jefferies Financial Group Inc. on the potential share sale, the people said, asking not to be identified because the deliberations are private. Adtek may seek to raise $500 million or more and a valuation of $3 billion to $4 billion, the people said. It could file listing documents as soon as Friday, but details such as value, size and timing haven’t been finalized, they added. A representative for Adtek didn’t respond to a request seeking comment, while Citic and Jefferies declined to comment. Chinese optical stocks have rallied recently on expectations that AI-driven demand will fuel the industry’s next leg of gains. Lightelligence jumped 384% in its trading debut last month after an IPO that raised $323 million. Prior to that, Semight Instruments Co. soared 876% in its Shanghai trading debut . Hong Kong’s market for first-time share sales has powered on, with more than $20 billion raised so far this year, on track to surpass the four-year high of about $37 billion in 2025. Adtek was founded in 2007 and nine years later was named a National High-Tech Enterprise, its website shows . The company also has a factory in Vietnam.
Mechanics Bancorp ( MCHB ) declares $0.70/share quarterly dividend. The company also declares a $7.00 per share dividend of Class B common stock. Both payable May 28; for shareholders of record May 23; ex-div May 21. See MCHB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Mechanics Bancorp Mechanics Bancorp (MCHB) Q1 2026 Earnings Call Transcript Mechanics Bancorp 2026 Q1 - Results - ...
Mechanics Bancorp ( MCHB ) declares $0.70/share quarterly dividend. The company also declares a $7.00 per share dividend of Class B common stock. Both payable May 28; for shareholders of record May 23; ex-div May 21. See MCHB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Mechanics Bancorp Mechanics Bancorp (MCHB) Q1 2026 Earnings Call Transcript Mechanics Bancorp 2026 Q1 - Results - Earnings Call Presentation Mechanics Bancorp outlines $275M-$300M 2027 net income and plans ~$0.70 per share special dividend in Q2 Seeking Alpha’s Quant Rating on Mechanics Bancorp Historical earnings data for Mechanics Bancorp
NanoStockk/iStock via Getty Images Key Takeaways • Markets: Global equity markets generally declined during the first quarter of 2026 (1Q26) amid heightened volatility, as geopolitical tensions and shifting macroeconomic dynamics weighed on investor sentiment. The conflict in the Middle East emerged as a key destabilizing factor, disrupting energy markets and amplifying inflationary pressures glob...
NanoStockk/iStock via Getty Images Key Takeaways • Markets: Global equity markets generally declined during the first quarter of 2026 (1Q26) amid heightened volatility, as geopolitical tensions and shifting macroeconomic dynamics weighed on investor sentiment. The conflict in the Middle East emerged as a key destabilizing factor, disrupting energy markets and amplifying inflationary pressures globally. Value stocks outperformed their growth-oriented peers, reflecting a rotation away from high-valuation-multiple sectors amid rising inflation concerns. Large-capitalization equities generally underperformed those in the mid- and small-cap tiers, as investors sought opportunities in more cyclically sensitive areas of the market. Sector rotation saw commodity-linked industries benefit from higher energy prices, while the information technology ( IT ) and consumer discretionary sectors faced pressure amid concerns over AI-driven disruptions to established business models. • Detractors: Unfavorable stock selection in the consumer discretionary, health care and financials sectors, plus a lack of exposure to consumer staples, materials, real estate and utilities companies. • Contributors: Effective security selection in the semiconductors and semi equipment industry; an underweighted exposure to poor-performing software stocks; and beneficial stock selection among pharmaceuticals companies. • Outlook: We are enthusiastic about current and potential productivity gains from AI as its use cases evolve. Generative and agentic AI continue to advance rapidly, with returns on investment increasingly visible as deployments scale beyond experimentation. Top Equity Issuers (% of Total) Holding Fund NVIDIA CORP ( NVDA ) 12.67 AMAZON. COM INC ( AMZN ) 8.41 ALPHABET INC ( GOOGL ) 6.96 MICROSOFT CORP ( MSFT ) 6.72 BROADCOM INC ( AVGO ) 5.93 META PLATFORMS INC ( META ) 4.62 APPLE INC ( AAPL ) 4.30 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ( TSM ) 2.73 TESLA INC ( TSLA ) 2.70 CELESTICA INC ...
Good morning . Donald Trump and Xi Jinping kick off talks. The UK’s ruling party faces a bitter fight. And Big Tech sends Wall Street on a hunt to feed their big debt binge. Listen to the day’s top stories . — Gabrielle Ng Market Snapshot S&P 500 futures 7,488.25 +0.3% Nasdaq 100 futures 29,633.00 +0.5% Euro $1.17 +0.0% WTI crude oil futures $101.18 +0.2% Market data as of 07:33 AM GMT. Data is su...
Good morning . Donald Trump and Xi Jinping kick off talks. The UK’s ruling party faces a bitter fight. And Big Tech sends Wall Street on a hunt to feed their big debt binge. Listen to the day’s top stories . — Gabrielle Ng Market Snapshot S&P 500 futures 7,488.25 +0.3% Nasdaq 100 futures 29,633.00 +0.5% Euro $1.17 +0.0% WTI crude oil futures $101.18 +0.2% Market data as of 07:33 AM GMT. Data is subject to provider delays. Donald Trump and Xi Jinping met in Beijing, with the US president saying ties between the two countries will be “better than ever.” Xi stressed partnership over rivalry, but also warned of risks to their alliance if the issue of Taiwan isn’t handled well. Follow the latest developments here . The Labour Party is headed for a divisive battle over the prime minister’s post. Backers of health secretary Wes Streeting said he’s likely to resign to mount a challenge against Keir Starmer, while former deputy prime minister Angela Rayner is preparing for a potential bid after being cleared of a tax probe. Asian stocks fluctuated , with traders eyeing the Beijing summit for clues on the trajectory of trade ties. Technology shares climbed to a record, following a strong trading session on Wall Street. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. The US Senate confirmed Kevin Warsh as chair of the Federal Reserve in the slimmest margin ever for the post. That sets up the most controversial leadership transition at the central bank in decades and a test of its political independence. Meanwhile, the European Central Bank’s June rate hike is becoming less certain . On Wall Street, Big Tech’s $300 billion debt glut is overwhelming bankers, pushing them to hunt for financing in Tokyo and Zurich. Cerebras raised $5.55 billion in the biggest IPO of the year , valuing the chipmaker at about $40 billion. And Elon Musk’s xAI is said to have recruited Apollo and Morgan Stanley to test its Grok chatbot . ECB’s Lagarde ...
Okeanis Eco Tankers ( ECO ) declares $2.00/share quarterly dividend . For NYSE: Payable June 5; for shareholders of record May 28; ex-div May 28. For OSE (Oslo): Payable June 5; for shareholders of record May 28; ex-div May 27. See ECO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Okeanis Eco Tankers Okeanis: Iran Disruption And The Road To A 30%+ Dividend Yield (Rating Upgrade) Okea...
Okeanis Eco Tankers ( ECO ) declares $2.00/share quarterly dividend . For NYSE: Payable June 5; for shareholders of record May 28; ex-div May 28. For OSE (Oslo): Payable June 5; for shareholders of record May 28; ex-div May 27. See ECO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Okeanis Eco Tankers Okeanis: Iran Disruption And The Road To A 30%+ Dividend Yield (Rating Upgrade) Okeanis Eco Tankers: Stronger Fundamentals, But Now A Geopolitical Trade Okeanis Eco Tankers Corp. (ECO) Presents at DNB Carnegie Energy & Shipping Conference - Slideshow Okeanis Eco Tankers GAAP EPS of $2.31 beats by $0.57, revenue of $170.2M beats by $34.89M Okeanis Eco Tankers Q1 2026 Earnings Preview
Florida Gov. Ron DeSantis (R) said Tuesday that he remains opposed to electric vehicle mandates but praised Tesla Inc.'s (NASDAQ:TSLA) vehicles as "absolutely top-notch products," crediting the company's technology and performance for building a loyal customer base. DeSantis Praises Tesla While Rejecting Mandates DeSantis made the comments in an exchange on X after a user responded to an earlier p...
Florida Gov. Ron DeSantis (R) said Tuesday that he remains opposed to electric vehicle mandates but praised Tesla Inc.'s (NASDAQ:TSLA) vehicles as "absolutely top-notch products," crediting the company's technology and performance for building a loyal customer base. DeSantis Praises Tesla While Rejecting Mandates DeSantis made the comments in an exchange on X after a user responded to an earlier post about Tesla's autonomous technology. "I've always opposed EV mandates, rejected the idea that EV