For most of its life, the Utilities Select Sector SPDR Fund (NYSEARCA:XLU) was the financial equivalent of a thermostat. You set it, you forgot it, and it quietly produced a check every quarter while the rest of your portfolio did the interesting work. Then artificial intelligence showed up and started plugging in server farms the ... This Boring Utility ETF Just Became a Stealth AI Play, and It’s...
For most of its life, the Utilities Select Sector SPDR Fund (NYSEARCA:XLU) was the financial equivalent of a thermostat. You set it, you forgot it, and it quietly produced a check every quarter while the rest of your portfolio did the interesting work. Then artificial intelligence showed up and started plugging in server farms the ... This Boring Utility ETF Just Became a Stealth AI Play, and It’s Up 20%
Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Corning, the glass and fiber maker, will increase optical manufacturing capacity tenfold and fiber production by more than 50%. The company will build three new advanced manufacturing facilities in North Carolina and Texas, creating an estimated 3,00...
Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Corning, the glass and fiber maker, will increase optical manufacturing capacity tenfold and fiber production by more than 50%. The company will build three new advanced manufacturing facilities in North Carolina and Texas, creating an estimated 3,000 jobs.
The restaurant drama dropped a special episode yesterday, without any warning. And it shows brief flashes of the magic that once made it so brilliant A couple of years ago, a surprise episode of The Bear would have been one of the highlights of the year. The stressful, tightly compressed comedy-drama about a restaurant in Chicago hit television like a juggernaut when it launched. It felt like noth...
The restaurant drama dropped a special episode yesterday, without any warning. And it shows brief flashes of the magic that once made it so brilliant A couple of years ago, a surprise episode of The Bear would have been one of the highlights of the year. The stressful, tightly compressed comedy-drama about a restaurant in Chicago hit television like a juggernaut when it launched. It felt like nothing else and it was all anyone could talk about. How things have changed. Two disappointing seasons have taken all of the wind out of The Bear, so when it was announced that a special episode had dropped (before what is expected to be the final season this summer), you would have been justified to feel trepidatious. Continue reading...
US Trade Representative Jamieson Greer says he expects the European Union to keep "its side of the trade deal" that was agreed to in July. The EU has not ratified the package yet. Greer also says President Donald Trump will discuss China's purchases of Iranian oil when he meets with Xi Jinping next week. Greer speaks on "Bloomberg Surveillance." (Source: Bloomberg)
US Trade Representative Jamieson Greer says he expects the European Union to keep "its side of the trade deal" that was agreed to in July. The EU has not ratified the package yet. Greer also says President Donald Trump will discuss China's purchases of Iranian oil when he meets with Xi Jinping next week. Greer speaks on "Bloomberg Surveillance." (Source: Bloomberg)
On May 4, 2026, Greenspring Advisors, LLC reported selling 175,055 shares of Life360 (NASDAQ:LIF) , an estimated $9.05 million trade based on the quarterly average price. According to an SEC filing dated May 4, 2026, Greenspring Advisors, LLC reduced its holding in Life360 by 175,055 shares. The estimated transaction value was $9.05 million, based on the quarter’s average share price. The fund’s q...
On May 4, 2026, Greenspring Advisors, LLC reported selling 175,055 shares of Life360 (NASDAQ:LIF) , an estimated $9.05 million trade based on the quarterly average price. According to an SEC filing dated May 4, 2026, Greenspring Advisors, LLC reduced its holding in Life360 by 175,055 shares. The estimated transaction value was $9.05 million, based on the quarter’s average share price. The fund’s quarter-end position in Life360 was valued at $6.68 million, reflecting a total valuation change of $15.04 million from the previous quarter, including price movement and trading. Greenspring Advisors, LLC’s position in Life360 represents 0.41% of its 13F reportable assets after the sale. Continue reading
My top 10 things to watch Wednesday, May 6 1. Stock futures jumped and oil plunged this morning after Axios reported the Iran war may be nearing an end soon. Washington and Tehran are the closest they've come to an agreement since attacks began on Feb. 28, the report said. The S & P 500 and Nasdaq both closed at records highs yesterday. The market isn't overbought either. 2. Winners if the war act...
My top 10 things to watch Wednesday, May 6 1. Stock futures jumped and oil plunged this morning after Axios reported the Iran war may be nearing an end soon. Washington and Tehran are the closest they've come to an agreement since attacks began on Feb. 28, the report said. The S & P 500 and Nasdaq both closed at records highs yesterday. The market isn't overbought either. 2. Winners if the war actually comes to an end? Travel and leisure stocks. Aerospace too, especially Club name Boeing . Big moves across the group this morning. Delta is up 6%. GE Aerospace and Boeing are each up about 4%. What else is next for Boeing? President Donald Trump is set to meet with China's Xi Jinping later this month, which could lead to a big aircraft order. 3. Club names Corning and Nvidia announced a massive deal on optical technology. Corning will build three new plants, increasing its domestic optical manufacturing capacity by 10-fold. Nvidia secures the supply it needs as optics replaces more copper in data centers. That shift is the reason we bought Corning for the Club in October. Corning is soaring 15%. Nvidia added almost 3%. 4. Another AI winner: Advanced Micro Devices . Second-quarter guidance issued last night was much better than expected, helped by surging demand for CPUs due to agentic AI adoption. CEO Lisa Su predicted the server CPU market will reach $120 billion by 2030. What we're seeing in semiconductors is secular growth for a once-cyclical business. Rare moves in some of these stocks. AMD shares are soaring 15%. 5. Anthropic committed to spend $200 billion on Club name Alphabet's Google Cloud over five years, tech publication The Information reported. It's a mad dash to secure compute capacity. Google's in-house TPU and Amazon 's in-house Trainium and Graviton chips are winning huge orders. 6. Novo Nordisk shares are jumping almost 7% this morning after trumpeting great numbers for its new Wegovy pill for obesity. Prescriptions totaled 1.3 million in the first qu...
J.P. Morgan’s blockchain unit, Kinexys, in collaboration with Mastercard, Ripple and Ondo Finance, said it has completed the first near-real-time, cross-border and cross-bank redemption of a tokenized U.S. Treasury fund.
J.P. Morgan’s blockchain unit, Kinexys, in collaboration with Mastercard, Ripple and Ondo Finance, said it has completed the first near-real-time, cross-border and cross-bank redemption of a tokenized U.S. Treasury fund.
Interactive streaming offers key market opportunities by transforming video game streaming into an interactive experience where audiences can actively influence outcomes. This shift fosters interaction-driven revenue models, emphasizing user participation over passive content consumption. Companies that successfully integrate audience interactivity will lead in this evolving entertainment landscap...
Interactive streaming offers key market opportunities by transforming video game streaming into an interactive experience where audiences can actively influence outcomes. This shift fosters interaction-driven revenue models, emphasizing user participation over passive content consumption. Companies that successfully integrate audience interactivity will lead in this evolving entertainment landscape.Dublin, May 06, 2026 (GLOBE NEWSWIRE) -- The "Strategic Intelligence: Deep Dive into Interactive G
JHVEPhoto Western Digital Corporation ( WDC ) said it has entered into agreements with institutional investors to exchange 653,203 shares of Sandisk ( SNDK ) common stock for about 1.87 million shares of its own common stock. The transactions, signed on May 5, are expected to settle on May 7, subject to customary closing conditions. Following the exchange, Western Digital said it will retain about...
JHVEPhoto Western Digital Corporation ( WDC ) said it has entered into agreements with institutional investors to exchange 653,203 shares of Sandisk ( SNDK ) common stock for about 1.87 million shares of its own common stock. The transactions, signed on May 5, are expected to settle on May 7, subject to customary closing conditions. Following the exchange, Western Digital said it will retain about 1.04 million Sandisk shares, which it plans to dispose of through further exchanges for debt, additional share swaps or distributions to shareholders. WDC +2.24% premarket to 475.67. Source: Press Release More on Western Digital Western Digital Corporation (WDC) Presents at Barclays 18th Annual Americas Select Conference Transcript Western Digital Corporation (WDC) Q3 2026 Earnings Call Transcript Western Digital Corporation 2026 Q3 - Results - Earnings Call Presentation Western Digital's gross margin surpasses 50% for first time ever, yet some analysts wanted more Biggest stock movers Friday: TWLO, ROKU, RBLX, and more
Gas prices were rising fast enough to turn a geopolitical standoff into an economic problem for everyday Americans. Over the past two weeks, investors watched oil prices climb, inflation fears reawaken, and concerns grow that a broader Middle East conflict could push the economy off course just months before the midterm elections. But early Wednesday ... Prediction: Trump’s Iran Deal Will Spark a ...
Gas prices were rising fast enough to turn a geopolitical standoff into an economic problem for everyday Americans. Over the past two weeks, investors watched oil prices climb, inflation fears reawaken, and concerns grow that a broader Middle East conflict could push the economy off course just months before the midterm elections. But early Wednesday ... Prediction: Trump’s Iran Deal Will Spark a Stock Market Rally Into Midterms
London, UK, May 06, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade, today announced the appointment of Vikram Sharma as Chief Revenue Officer, Infrastructure. Sharma brings over 25 years of experience across commercial finance, infrastructure strategy and emerging market expansion. He has ...
London, UK, May 06, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade, today announced the appointment of Vikram Sharma as Chief Revenue Officer, Infrastructure. Sharma brings over 25 years of experience across commercial finance, infrastructure strategy and emerging market expansion. He has held senior roles at Microsoft, Alfa Laval and Sony Ericsson. This new CRO role brings dedicated lea
Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance In our preview to this morning 's Quarterly Refunding Statement, we said that we do not expect major changes and that, at most, the treasury might adjust its statement language to soften the forward guidance on possibly futures increase in coupon auction sizes with one likely change would be dropping “ at...
Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance In our preview to this morning 's Quarterly Refunding Statement, we said that we do not expect major changes and that, at most, the treasury might adjust its statement language to soften the forward guidance on possibly futures increase in coupon auction sizes with one likely change would be dropping “ at least” while retaining the expectation for unchanged coupon sizes over “the next several quarters” (recall Deutsche Bank said it expects nominal coupon increases beginning in February 2027). Overnight, JPMorgan agreed, writing that while the current auction calendar will leave Treasury well financed through FY27, "we do not think it will be adequate to meet the widening funding gap from FY27 and onward, and we continue to project a series of coupon auction increases beginning in February 2027." Accordingly, like DB, JPM also expected the Treasury to remove “at least” from the statement that “Treasury anticipates maintaining nominal coupon and FRN auction sizes for at least the next several quarters." The bank said that If its expectations are realized, "we think this could push intermediate yields higher." Well, moments ago the Treasury published its latest Quarterly Refunding Announcement, and contrary to prevailing expectations, it refused to make even a gentle hint at rising coupon sizes by keeping the "at least" language from the abovementioned statement, instead keeping it as is, or rather as was: Based on current projected borrowing needs, Treasury anticipates maintaining nominal coupon and FRN auction sizes for at least the next several quarters In other words, the US Treasury signaled again that it’s still comfortable using Yellen's Activist Treasury Issuance playbook to issue Bills, and not increase coupon issuance, to meet escalating government borrowing needs, even as warnings emerge about the strategy’s risks. Ahead of the QRA, dealers were divided heading into...