Xi Jinping and Donald Trump struck an optimistic tone at the start of their two-day presidential summit in Beijing, even as the Chinese leader highlighted risks surrounding Taiwan. Pre-summit trade talks “produced generally balanced and positive outcomes”, Xi told the US president at the Great Hall of the People in Beijing on Thursday, according to Xinhua. “This is good news for the people of the ...
Xi Jinping and Donald Trump struck an optimistic tone at the start of their two-day presidential summit in Beijing, even as the Chinese leader highlighted risks surrounding Taiwan. Pre-summit trade talks “produced generally balanced and positive outcomes”, Xi told the US president at the Great Hall of the People in Beijing on Thursday, according to Xinhua. “This is good news for the people of the two countries and the world.” Trump repeatedly called Xi a “great leader” in opening comments at the...
There is legitimate scrutiny of antisemitism on the left, but at the same time, rightwing media outlets offend with impunity. That makes no sense The media’s message appears to have cut through. At the crucial rally against antisemitism in London on Sunday, Zack Polanski, the Jewish leader of the Green party of England and Wales, was not invited to speak , on the grounds that he had not done enoug...
There is legitimate scrutiny of antisemitism on the left, but at the same time, rightwing media outlets offend with impunity. That makes no sense The media’s message appears to have cut through. At the crucial rally against antisemitism in London on Sunday, Zack Polanski, the Jewish leader of the Green party of England and Wales, was not invited to speak , on the grounds that he had not done enough to root out antisemitism from the party. But Nigel Farage was invited, on the grounds that his party, Reform UK, has “expressed very broad support for the fight against antisemitism”. More than two thousand Jews saw things differently and signed a petition arguing that the invitation to Farage “fundamentally undermines” the message of solidarity in defence of Jewish safety and dignity. I agree with them. Antisemitism must be stamped out everywhere. “Never again” means zero tolerance for this age-old hate, wherever it occurs and whoever voices it. It is indeed a problem on the left, and I’ve often found myself in dispute with those who downplay or minimise it . George Monbiot is a Guardian columnist Continue reading...
The series quickly withdrew a shirt that stirred up a strong backlash. But IndyCar has been playing with fire for a while This could be the summer of IndyCar. Formula One fatigue is beginning to set in , both globally and among the American audiences who helped fuel the sport’s recent boom. Nascar, for all its national reach in the US and lingering cultural import, remains a largely regional attra...
The series quickly withdrew a shirt that stirred up a strong backlash. But IndyCar has been playing with fire for a while This could be the summer of IndyCar. Formula One fatigue is beginning to set in , both globally and among the American audiences who helped fuel the sport’s recent boom. Nascar, for all its national reach in the US and lingering cultural import, remains a largely regional attraction. IndyCar, on the other hand, boasts a wealth of personalities, is anchored in real structural parity and delivers wheel-to-wheel action time and again. But as the buildup begins for the 110th running of this year’s Indianapolis 500 – still the sport’s commercial, spiritual centerpiece and Memorial Day weekend staple – IndyCar is at risk of tripping over itself in its rush to return to prominence. Continue reading...
You may think you know when someone’s trying to deceive you, but there’s a clever trick very few people are aware of – one that has eluded AI and Traitors contestants alike Can you tell if someone is lying? Close your eyes. You’re already twice as good as you were before. Continue reading...
You may think you know when someone’s trying to deceive you, but there’s a clever trick very few people are aware of – one that has eluded AI and Traitors contestants alike Can you tell if someone is lying? Close your eyes. You’re already twice as good as you were before. Continue reading...
The 26-year-old has received rave reviews for his micro-budget horror Obsession, support from Ari Aster and control of a Texas Chain Saw Massacre remake Things have been going scarily well for 26-year-old film-maker Curry Barker. The past 18 months have seen him level up from lo-fi YouTube comedy skits to an $800 horror short that went viral to a breakout feature picked up for $15m to being handed...
The 26-year-old has received rave reviews for his micro-budget horror Obsession, support from Ari Aster and control of a Texas Chain Saw Massacre remake Things have been going scarily well for 26-year-old film-maker Curry Barker. The past 18 months have seen him level up from lo-fi YouTube comedy skits to an $800 horror short that went viral to a breakout feature picked up for $15m to being handed the reins of one of the most legendary franchises in Hollywood. It’s almost too good to be true. Continue reading...
Defying criticisms of ‘slop’ and ‘theft’, the growing culture of AI-powered creativity is attracting interest from Hollywood In a former hemstitching workshop where artisans sewed pleats for Stockholm’s 19th-century bourgeoisie, a distinctly 21st-century craft is taking root: AI film-making. One day last week, an actor, director and composer squeezed into a tiny studio booth to record a voiceover ...
Defying criticisms of ‘slop’ and ‘theft’, the growing culture of AI-powered creativity is attracting interest from Hollywood In a former hemstitching workshop where artisans sewed pleats for Stockholm’s 19th-century bourgeoisie, a distinctly 21st-century craft is taking root: AI film-making. One day last week, an actor, director and composer squeezed into a tiny studio booth to record a voiceover for their next AI release. Critics disparage AI movies as “automated slop” or cheating, and fume at what they claim to be industrial-scale copyright theft. But this had a distinctly homespun feel, the little team fussing over a monologue by a poetic Scottish gorilla inhabiting a transhumanist cyberpunk universe. It was a bit like recording the Archers, one of them joked. Continue reading...
raisbeckfoto/iStock Unreleased via Getty Images Cisco Systems ( CSCO ) surged nearly +18% premarket on Thursday after topping fiscal third-quarter earnings and revenue expectations. The company reported adjusted EPS of $1.06 on revenue of $15.8B (+12% Y/Y), both ahead of Wall Street estimates. In conjunction with the results, Cisco ( CSCO ) said it will be letting go fewer than 4,000 employees as ...
raisbeckfoto/iStock Unreleased via Getty Images Cisco Systems ( CSCO ) surged nearly +18% premarket on Thursday after topping fiscal third-quarter earnings and revenue expectations. The company reported adjusted EPS of $1.06 on revenue of $15.8B (+12% Y/Y), both ahead of Wall Street estimates. In conjunction with the results, Cisco ( CSCO ) said it will be letting go fewer than 4,000 employees as it continues to focus on artificial intelligence. The layoffs, which will impact roughly 5% of the company's workforce, will start on May 14. The rally potentially extends CSCO’s sharp momentum, with shares up ~32% YTD. The move could also have implications beyond single-stock trading, with several exchange-traded funds exposed to Cisco Systems ( CSCO ) seeing indirect upside. Key ETFs with notable CSCO weightings include: 195 ETFs have Cisco Systems within their top 15 holdings iShares U.S. Telecommunications ETF ( IYZ ) — 23.17% weighting Direxion Daily CSCO Bull 2X ETF ( CSCL ) — 9.18% weighting First Trust NASDAQ Cybersecurity ETF ( CIBR ) — 8.27% weighting First Trust Dow Jones Internet Index Fund ( FDN ) — 7.73% weighting FT Vest Dow Jones Internet & Target Income ETF ( FDND ) — 7.71% weighting State Street SPDR Portfolio S&P Sector Neutral Dividend ETF ( SPDG ) — 6.67% weighting Amplify HACK Cybersecurity Covered Call ETF ( HAKY ) — 6.58% weighting Amplify Cybersecurity ETF ( HACK ) — 6.51% weighting iShares Core Dividend ETF ( DIVB ) — 5.47% weighting Simplify Next Intangible Core Index ETF ( NXTI ) — 5.20% weighting More on Cisco, First Trust Dow Jones Internet Index Fund ETF, etc. Cisco Systems, Inc. (CSCO) Q3 2026 Earnings Call Transcript SPDG: An Overview Of The Characteristics Of This Dividend Growth ETF S&P 500: Everyone Is Now An Earnings Expert, And A Quick Look At Cisco's Expected Earnings Cisco declares $0.42 dividend Cisco outlines ~$9B FY 2026 hyperscaler AI infrastructure orders while guiding Q4 revenue to $16.7B-$16.9B
Samsung Electronics’ biggest labour union is threatening to strike at the height of the global AI chip boom, turning a fight over bonuses into a test of how the industry’s windfall profits should be shared and sparking fears of an economic slowdown in South Korea. The union has warned it will stage an 18-day walkout from May 21 to June 7, raising concerns about production disruptions, customer def...
Samsung Electronics’ biggest labour union is threatening to strike at the height of the global AI chip boom, turning a fight over bonuses into a test of how the industry’s windfall profits should be shared and sparking fears of an economic slowdown in South Korea. The union has warned it will stage an 18-day walkout from May 21 to June 7, raising concerns about production disruptions, customer defections and wider fallout across the global technology supply chain. The dispute comes as demand for...
A stray Falcon 9 rocket part is on course to slam into the moon in August. The expected impact poses no immediate danger, experts say, but warn that it highlights a critical lack of rules for managing debris as lunar activity by the US, China and private companies ramps up. Measuring 13.8 metres (45 feet) long and 3.7 metres wide, the SpaceX Falcon 9 rocket’s upper stage has been drifting through ...
A stray Falcon 9 rocket part is on course to slam into the moon in August. The expected impact poses no immediate danger, experts say, but warn that it highlights a critical lack of rules for managing debris as lunar activity by the US, China and private companies ramps up. Measuring 13.8 metres (45 feet) long and 3.7 metres wide, the SpaceX Falcon 9 rocket’s upper stage has been drifting through Earth-moon space since it launched a US commercial lander and a Japanese lander in January last...
Sen. Rick Scott, R-Fla., talks reporters outside the Senate Armed Services Committee hearing on "Low-Cost Munitions," in Dirksen building on Tuesday, March 24, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Congress members would be permanently banned from becoming lobbyists after they leave office under a new bipartisan bill, first reported by CNBC. The legislation would not only ban sena...
Sen. Rick Scott, R-Fla., talks reporters outside the Senate Armed Services Committee hearing on "Low-Cost Munitions," in Dirksen building on Tuesday, March 24, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Congress members would be permanently banned from becoming lobbyists after they leave office under a new bipartisan bill, first reported by CNBC. The legislation would not only ban senators and U.S. House members from being registered lobbyists, but would also prevent then from being compensated for trying to influence lawmakers and staff on behalf of companies or groups — closing a loophole that would allow former lawmakers to lobby without being a registered lobbyist. The effort, from Sens. Rick Scott , R-Fla. and Elizabeth Warren , D-Mass., comes as a growing number of lawmakers are speaking out against profiting from their elected positions. Numerous bipartisan bills have been introduced this Congress to ban things like members owning and trading stocks, or banning themselves from betting on prediction markets . Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, DC, US, on Tuesday, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images The new bill, which is unlikely to become law, would hold violators to a penalty of $50,000 per violation or up to five years in jail. "Trust in our institutions is at an all-time low, and the revolving door between Capitol Hill and K Street is a big part of that," Scott said in a statement to CNBC. "We need to restore the American people's trust in their government, and that's why I'm proud to introduce this bipartisan bill to put government clearly back on the side of the people." Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Nvidia’s chief executive Jensen Huang has been lobbying for a long time for the ability to export advanced semiconductor chips to China in the face of opposition from both Washington and Beijing. It appears a breakthrough might have been made.
Nvidia’s chief executive Jensen Huang has been lobbying for a long time for the ability to export advanced semiconductor chips to China in the face of opposition from both Washington and Beijing. It appears a breakthrough might have been made.
Much of the focus of the ongoing redistricting war has been on which political party will come out on top. But it's voters who will pay a cost, say voting experts and voting rights advocates. (Image credit: Win McNamee)
Much of the focus of the ongoing redistricting war has been on which political party will come out on top. But it's voters who will pay a cost, say voting experts and voting rights advocates. (Image credit: Win McNamee)
Until recently, Jonathan Gross was a Trump political appointee at the Department of Justice and worked on its "Weaponization Working Group." He has now become a vocal critic of the department.
Until recently, Jonathan Gross was a Trump political appointee at the Department of Justice and worked on its "Weaponization Working Group." He has now become a vocal critic of the department.
U.S. school districts worry it could get even more expensive to prepare a meal under new federal dietary guidelines, as they also contend with cuts to programs that helped them buy local food. (Image credit: Rachel Wisniewski for NPR)
U.S. school districts worry it could get even more expensive to prepare a meal under new federal dietary guidelines, as they also contend with cuts to programs that helped them buy local food. (Image credit: Rachel Wisniewski for NPR)
Scientists Intentionally Trigger 8,000 Earthquakes Deep Beneath Swiss Alps Authored by Steve Watson via Modernity.news, Scientists at ETH Zurich university in Switzerland have deliberately induced around 8,000 seismic events deep underground in the Swiss Alps as part of an experiment called Fault Activation and Earthquake Rupture (FEAR-2). The team injected 750,000 litres of water into the ground ...
Scientists Intentionally Trigger 8,000 Earthquakes Deep Beneath Swiss Alps Authored by Steve Watson via Modernity.news, Scientists at ETH Zurich university in Switzerland have deliberately induced around 8,000 seismic events deep underground in the Swiss Alps as part of an experiment called Fault Activation and Earthquake Rupture (FEAR-2). The team injected 750,000 litres of water into the ground via two boreholes over approximately 50 hours at the BedrettoLab facility. The quakes were too small to be felt at the surface or cause damage, with magnitudes ranging from -5 to -0.14. The researcher explained “While some seismic events occurred on the target fault zone, a large number of events took place on neighbouring geological structures activated by the fluid injection.” Uni researchers are making earthquakes happen under the Alps. Okayyy. https://t.co/EXZIYaGmnm — m o d e r n i t y (@ModernityNews) May 12, 2026 Professor Domenico Giardini, one of the lead researchers, stated: “If we master how to produce quakes of a certain size, then we know how not to produce them.” He also noted the advantages of the site: “It is perfect, because we have a kilometer and a half of mountain on top of us… and we can look very close at the faults, how they move, when they move, and we can make them move ourselves.” He doesn’t seem all that worried about the mountains crumbling on top of him. Researchers have made the ground shake in southern Switzerland, triggering thousands of tiny earthquakes in a monitored setting, as they seek to discover seismicity insights that could reduce risks. https://t.co/GLfbtgewPE — The Japan Times (@japantimes) May 12, 2026 Researchers say that the experiment, conducted at the end of April, builds on efforts to better understand earthquake generation processes. They contend that this could support safer deep geothermal energy development in low-permeability reservoirs. ⛰️ Beneath the Swiss Alps, scientists at #BedrettoLab run by ETH Zurich trigger micr...
Fidelis Insurance Holdings ( PLGO ) declares $0.15/share quarterly dividend , in line with previous. Forward yield 2.96% Payable June 26; for shareholders of record June 15; ex-div June 15. See PLGO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Fidelis Insurance Holdings Fidelis Insurance Holdings Limited 2025 Q4 - Results - Earnings Call Presentation Fidelis Insurance Holdings Limit...
Fidelis Insurance Holdings ( PLGO ) declares $0.15/share quarterly dividend , in line with previous. Forward yield 2.96% Payable June 26; for shareholders of record June 15; ex-div June 15. See PLGO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Fidelis Insurance Holdings Fidelis Insurance Holdings Limited 2025 Q4 - Results - Earnings Call Presentation Fidelis Insurance Holdings Limited (FIHL) Q4 2025 Earnings Call Transcript Seeking Alpha’s Quant Rating on Fidelis Insurance Holdings Historical earnings data for Fidelis Insurance Holdings Dividend scorecard for Fidelis Insurance Holdings
Elena Iakovleva/iStock via Getty Images Koppers Holdings ( KOP ) released 1Q26 results. The results were good, in line with a positive outlook for the year provided in Q4. Specifically, Performance Chemicals, the company's star segment and the one most pressured last year by new competition, recovered strongly. At the same time, the company is facing several cost headwinds, including oil, lumber, ...
Elena Iakovleva/iStock via Getty Images Koppers Holdings ( KOP ) released 1Q26 results. The results were good, in line with a positive outlook for the year provided in Q4. Specifically, Performance Chemicals, the company's star segment and the one most pressured last year by new competition, recovered strongly. At the same time, the company is facing several cost headwinds, including oil, lumber, and copper. The end-market segments, mainly housing, are also pressured. Tactically, I believe the downstream situation will be more pressured than what management expects. On a cyclical basis, I also continue to believe Koppers has above-average earnings power. For these reasons, I maintain a Hold rating. 1Q26 results Koppers' results were mixed by segment, but better than I expected. Sales were basically flat, but adjusted EBITDA fell 10% from $56 million to $49 million. However, not all segments saw diminishing profits. The most positive and important data point was PC. This segment had been pressured last year because of new competition and lost volumes. I was concerned that the hit could be more permanent, because PC is Koppers' best business, with higher margins and better structural characteristics than the other segments. However, in 1Q26, PC sales increased almost 20%, and adjusted EBITDA increased almost 30% to $26 million. The segment's volumes improved 15%, from a mix of gaining market share and customer inventory build (as commented in the call ). It is possible that smaller competitors are getting squeezed. The segment's end market (construction activity, mainly wood products), however, is still very pressured. Management confirmed in the call that the most relevant end demand indicators for the business, like mortgage rates, housing turnover, and repair and remodeling spending, are still lagging. The relevant point, therefore, is that the results reduce the probability that the new competitor created a permanent impairment in PC. The segment still looks like ...
(RTTNews) - Sysmex (6869.T) reported fiscal year profit attributable to owners of the parent of 35.5 billion yen, a decline of 33.9% from prior year. Operating profit was 51.83 billion yen, down 40.8%. Earnings per share was 56.89 yen compared to 86.05 yen. For the fiscal year en
(RTTNews) - Sysmex (6869.T) reported fiscal year profit attributable to owners of the parent of 35.5 billion yen, a decline of 33.9% from prior year. Operating profit was 51.83 billion yen, down 40.8%. Earnings per share was 56.89 yen compared to 86.05 yen. For the fiscal year en