It's the dawn of a new era on Wall Street -- and I'm not talking about the imminent change at the Federal Reserve . After more than half a century at the helm of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , billionaire Warren Buffett has stepped out of the spotlight and handed the reins to his successor, Greg Abel. But even though the Oracle of Omaha is no longer steering the ship and seeking to...
It's the dawn of a new era on Wall Street -- and I'm not talking about the imminent change at the Federal Reserve . After more than half a century at the helm of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , billionaire Warren Buffett has stepped out of the spotlight and handed the reins to his successor, Greg Abel. But even though the Oracle of Omaha is no longer steering the ship and seeking to add to his greater-than-6,000,000% outperformance of the benchmark S&P 500 (SNPINDEX: ^GSPC) since the mid-1960s, it doesn't mean his investing principles and wisdom don't continue to echo on Wall Street . Warren Buffett retired as Berkshire Hathaway's CEO on Dec. 31, 2025. Image source: The Motley Fool. Continue reading
Record heat in North and Central America coincides with egg-sized hailstones in eastern China Extreme weather across several parts of the world this week has brought record-breaking temperatures to Honduras, North America and Indonesia. Honduras smashed its all-time May maximum temperature record earlier this month – only for it to be broken again on 13 May in Choluteca, known as the furnace of Ce...
Record heat in North and Central America coincides with egg-sized hailstones in eastern China Extreme weather across several parts of the world this week has brought record-breaking temperatures to Honduras, North America and Indonesia. Honduras smashed its all-time May maximum temperature record earlier this month – only for it to be broken again on 13 May in Choluteca, known as the furnace of Central America. Temperatures climbed to 42.2C (107.9F), surpassing the previous record of 42.1C. With intense heat forecast to persist over the coming weeks, more records are expected to fall. Continue reading...
(RTTNews) - Kioxia Holdings Corp.(285A.T), a Japanese maker of flash memory and SSDs, Friday reported significantly higher profit for the fiscal year ended March 31, 2026 with strong growth in revenues with high demand for AI. Further, the company projects a surge in first-quart
(RTTNews) - Kioxia Holdings Corp.(285A.T), a Japanese maker of flash memory and SSDs, Friday reported significantly higher profit for the fiscal year ended March 31, 2026 with strong growth in revenues with high demand for AI. Further, the company projects a surge in first-quart
SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming initial public offering, in what could be the biggest-ever stock market debut by a U.S. company on Wall Street. The listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts say reflects high growth expect...
SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming initial public offering, in what could be the biggest-ever stock market debut by a U.S. company on Wall Street. The listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts say reflects high growth expectations from the rocket and satellite company that it may struggle to meet. Analysts say SpaceX's proposed valuation reflects in part how much investors are being asked to pay for future growth.
May 14, 2026 marked a major moment for artificial intelligence listings, with Cerebras Systems (NASDAQ:CBRS) surging 68% on its first day of trading on the Nasdaq to close at $311. 07, well above its IPO price of $185 per share.
May 14, 2026 marked a major moment for artificial intelligence listings, with Cerebras Systems (NASDAQ:CBRS) surging 68% on its first day of trading on the Nasdaq to close at $311. 07, well above its IPO price of $185 per share.
HJBC/iStock Editorial via Getty Images Investment Thesis Xometry, Inc. ( XMTR ) just delivered a very strong quarter , and its release showed the trifecta I always like to see in growth companies. On the numbers side, I've seen what I'm normally looking for: revenue acceleration from 30% in Q4 FY25 to 36% in Q1 FY26, and that revenue growth came with a substantial increase in margins, most notably...
HJBC/iStock Editorial via Getty Images Investment Thesis Xometry, Inc. ( XMTR ) just delivered a very strong quarter , and its release showed the trifecta I always like to see in growth companies. On the numbers side, I've seen what I'm normally looking for: revenue acceleration from 30% in Q4 FY25 to 36% in Q1 FY26, and that revenue growth came with a substantial increase in margins, most notably the 0.1% adjusted EBITDA margin to 5.1% increase in the same time period. But the real story, in my view, is that they announced a partnership with Siemens, which I believe to be transformative for the company. Xometry EPS actuals vs. Estimates (Koyfin) Here's why I think this partnership is such a big deal: Xometry has spent many years and resources to slowly make its way to the respectable number of 85,581 active buyers in the $275B custom-manufacturing market through its marketing and sales channels (better known as customer acquisition). With this deal , Siemens has just embedded Xometry's AI-marketplace proprietary technology into the Siemens Designcenter, which is the design environment used by NX and Solid Edge engineers, across what Siemens reports as over a million monthly Xcelerator users , effectively putting Xometry's product in front of many new prospective buyers. One important detail people might have missed from the call is that management went out of their way to keep the Siemens deal out of the guidance numbers, which, even with that caveat, came at a raised full-year revenue growth outlook from 21% to 27-28% . So any incremental upside from this deal will be an additional catalyst that sits on top of guidance that's already been raised and a business that's already accelerating by itself. Company Overview Xometry runs a leading AI-enabled digital marketplace for custom manufacturing. Their customers on the buyer side of this marketplace are engineers and procurement teams who need their designs quoted, lead times estimated, and jobs assigned to the right...
Site provides little in the way of actual support for pregnant women – but does direct them to deceptive pregnancy centers On the website’s landing page, a photo of a heavily pregnant white woman is cropped below the head, so that she is faceless, anonymous, cradling her massive belly underneath the skirt of her yellow dress. She appears to be standing in a field of tall grass, the kind you can ge...
Site provides little in the way of actual support for pregnant women – but does direct them to deceptive pregnancy centers On the website’s landing page, a photo of a heavily pregnant white woman is cropped below the head, so that she is faceless, anonymous, cradling her massive belly underneath the skirt of her yellow dress. She appears to be standing in a field of tall grass, the kind you can get ticks in. The photo is flanked on either side by chubby infant footprints – one pair in pink, another in blue – a clear nod to the anti-abortion movement’s preferred symbol of what they call “ precious feet ”. A banner at the top declares that the site, “ Moms.gov ”, which was launched by the White House on Mother’s Day , offers “Resources, Information, and Help for New and Expecting Mothers”, and advertises that it is “addressing the needs of mothers and fathers who face difficult or unexpected pregnancies” – that is, those who would often seek abortions. In fact, the site does little besides link to Option Line, a referral network of Christian anti-abortion crisis pregnancy centers run by the anti-abortion group Heartbeat International. The launch of Moms.gov was accompanied by an uncomfortable Oval Office press conference on Monday, in which members of the Trump administration and some of the more aggressively anti-choice Republican members of Congress gathered to tout the new website and cheer on the Trump administration’s pronatalist stance. Dr Mehmet Oz, the wellness influencer and one-time television personality who now holds a position in the Trump health department as the administrator for Medicare and Medicaid, lamented that Americans are, in his creepy personal parlance, “under-babied”. “One in three Americans are under-babied,” Oz asserted . “That means that you either don’t have any children or you have less children than you would normally want to have.” Oz asserted that the fertility rate has fallen below 1.5 (a Johns Hopkins study indicates that it is in f...
Eight decades after liberation from the Nazis, silence, shame and a struggling legal system keep Jewish property in Dutch family homes Several months ago the Dutch art detective Arthur Brand was amazed to be contacted by a man who had recently made an uncomfortable discovery about his family’s wartime past: that he was a descendant of Hendrik Seyffardt, a Waffen-SS general and one of the highest-r...
Eight decades after liberation from the Nazis, silence, shame and a struggling legal system keep Jewish property in Dutch family homes Several months ago the Dutch art detective Arthur Brand was amazed to be contacted by a man who had recently made an uncomfortable discovery about his family’s wartime past: that he was a descendant of Hendrik Seyffardt, a Waffen-SS general and one of the highest-ranking Dutch collaborators. Not only that, said the man, but he had found out something else: a painting by the Dutch artist Toon Kelder, which had been looted by the Nazis from the famed collection of the Jewish art dealer Jacques Goudstikker, was still in the possession of the Seyffardt family. Continue reading...
All victims of US strikes in eastern Pacific and the Caribbean identified so far came from extremely poor communities Sign up for the Breaking News US newsletter email A five-month investigation has named 13 previously unidentified victims of US attacks on boats allegedly carrying narcotics in a campaign that has killed nearly 200 people in the Caribbean and the eastern Pacific. It is unclear if t...
All victims of US strikes in eastern Pacific and the Caribbean identified so far came from extremely poor communities Sign up for the Breaking News US newsletter email A five-month investigation has named 13 previously unidentified victims of US attacks on boats allegedly carrying narcotics in a campaign that has killed nearly 200 people in the Caribbean and the eastern Pacific. It is unclear if the US has ever identified any of its 194 victims before attacking them, and the names of just three had previously emerged, after their families launched legal cases against the White House. Continue reading...
With unpredictable weather patterns and summertime garden hose bans now normal, it might be time to let your plants adjust to drier conditions Last week someone from Thames Water turned up to say we were using more than the average amount of water. I tried to explain that we have small children; I spend my life doing laundry and baths are one of my few vices. And no, we don’t have a car to wash or...
With unpredictable weather patterns and summertime garden hose bans now normal, it might be time to let your plants adjust to drier conditions Last week someone from Thames Water turned up to say we were using more than the average amount of water. I tried to explain that we have small children; I spend my life doing laundry and baths are one of my few vices. And no, we don’t have a car to wash or use a hose in the garden. The visitor then presented us with a small hourglass with a suction pad attached. Now, each morning, my husband and I emerge from the shower, crowing that we managed to brush our teeth and wash and condition our hair in under four minutes. Continue reading...
A young Chinese couple who were both diagnosed with a rare autoimmune disorder a year after getting married have lost their newborn baby. The couple in northern China’s Tianjin municipality were diagnosed with Bickerstaff brainstem encephalitis last year. The husband, surnamed Li, said only four couples in the world had been diagnosed with the disorder at the same time, and they were the first cas...
A young Chinese couple who were both diagnosed with a rare autoimmune disorder a year after getting married have lost their newborn baby. The couple in northern China’s Tianjin municipality were diagnosed with Bickerstaff brainstem encephalitis last year. The husband, surnamed Li, said only four couples in the world had been diagnosed with the disorder at the same time, and they were the first case in China. Li, 32, had a fever last March, a year after he married his wife. He also felt...
The stock market is ripe for profit-taking in early June due to investors crowding into equities and rising inflation risks, according to Bank of America Corp. strategists. Growing price pressures are having a broad impact in the US, from energy and transportation costs to rents, the team led by Michael Hartnett wrote. That’s coming at a time the market is soaring to fresh record highs. Added to t...
The stock market is ripe for profit-taking in early June due to investors crowding into equities and rising inflation risks, according to Bank of America Corp. strategists. Growing price pressures are having a broad impact in the US, from energy and transportation costs to rents, the team led by Michael Hartnett wrote. That’s coming at a time the market is soaring to fresh record highs. Added to that, a series of key dates next month have the potential to spur caution in equity markets. They cited the next OPEC gathering, the start of the World Cup, the G7 summit, and the first Federal Reserve FOMC meeting under Kevin Warsh as catalysts. “Bull capitulation into stocks and tech likely fully complete in next few weeks, early June ripe for taking some off table,” Hartnett said. Inflation data showed a strong acceleration in April. US wholesale inflation rose to 6%, the fastest pace since 2022 on a war-driven increase in energy prices that’s feeding into higher freight transportation costs. The consumer prices reading also exceeded economists’ estimates at 3.8%. For Hartnett and his team, US CPI is on course to exceed 5% by November’s midterm elections unless the 0.4% monthly gains of the past half year slow rapidly. It’s a setup that doesn’t bode well for stocks. A scenario where CPI climbs above 4% is “where risk assets get twitchy,” Hartnett said. Based on data from the past past 100 years, once inflation crosses that threshold, the S&P 500 has fallen 4% on average in the three months that follow, and 7% over a six-month time frame. Inflation concerns have pushed 10-year Treasury yields above 4.5%, and the 30-year equivalent beyond 5%, a threshold Hartnett labeled “the Maginot line,” in a previous note. Investors have shown strong appetite for US equities as global stocks rebounded from their Iran war lows, with a renewed artificial intelligence frenzy pushing semiconductors and related stocks to records. Since their bottom on March 30, the S&P 500 and the Nasdaq 100...
Gorlov/iStock via Getty Images I covered the April CPI print earlier this week, but one of the statistics from the report deserved its own separate discussion. Real wages fell into negative territory for the first time since 2023. It's slight, but it's there, and it could be the start of a worsening trend should inflation continue its upward climb. Kevin Gordon Should We “Look Through” The Energy ...
Gorlov/iStock via Getty Images I covered the April CPI print earlier this week, but one of the statistics from the report deserved its own separate discussion. Real wages fell into negative territory for the first time since 2023. It's slight, but it's there, and it could be the start of a worsening trend should inflation continue its upward climb. Kevin Gordon Should We “Look Through” The Energy Shock? Optimists of the current situation will point out what I did in the CPI article: energy is the primary culprit of the increase that pushed real wages negative, not wage growth deceleration. Wages are doing okay in a vacuum; they grew in both MoM and YoY in nominal terms. Fuel is pushing CPI so hard that the overall figure is negative, but most of the things that consumers are buying right now are not inflating faster than wages. And to borrow Fed language here, there may be some credence in looking through energy shocks when they come on because they tend to quickly disperse once they're through with. Oil producers have significantly more capacity than they produce, especially Saudi Arabia, which they will be able to swing up into following the end of the U.S.-Iran war. The National While some may consider this view too rosy—and it's true that there is tremendous risk that a restart or outright war and the end of the ongoing peace negotiations is a black swan risk—it is likely safe to say that fuel prices will eventually come back down. The question is about timing, and on that, I wouldn't know where to start speculating. The fog of war is too thick regarding that. Traders have their view. The market is currently pricing that in one year, crude will be at ~$76, while front-month pricing is currently at ~$101. Light Crude Oil Futures Forward Curve (TradingView) The market seems to be expecting something similar to what I am, with how an end to the war will play out once it comes. There will be a quick ramp-up of production from the Gulf states with spare capacity to p...