Russian President Vladimir Putin met Chinese engineer Peng Pai on Wednesday, over a quarter century after a chance encounter between the two when Peng was 12 years old during Putin’s first presidential visit to China. Putin received Peng at the Diaoyutai State Guesthouse in Beijing and praised his decision to study in Russia, which he said was “very pleasing” to him. He also observed that Peng was...
Russian President Vladimir Putin met Chinese engineer Peng Pai on Wednesday, over a quarter century after a chance encounter between the two when Peng was 12 years old during Putin’s first presidential visit to China. Putin received Peng at the Diaoyutai State Guesthouse in Beijing and praised his decision to study in Russia, which he said was “very pleasing” to him. He also observed that Peng was born in southern China, where the weather is different from Moscow, and said he hoped Peng had found a good and friendly environment there. Advertisement The two shared a hug after a long handshake, exchanged utensils and memorabilia, and Putin signed a commemorative photo of their first meeting. According to Russian state broadcaster RT, the initial encounter took place in July 2000, when Putin made an unscheduled stop at Beijing’s Beihai Park after touring the Forbidden City during his first trip to China as Russia’s leader. Advertisement The park visit was not part of the official itinerary and the area had not been cleared. RT reported that Putin bypassed on-duty armed police and noticed the young boy.
Bitcoin was edging higher but remained below the key $80,000 level as heightened uncertainty over the Iran war keeps investors cautious. President Donald Trump said Iran was "begging" to make a deal but the U.
Bitcoin was edging higher but remained below the key $80,000 level as heightened uncertainty over the Iran war keeps investors cautious. President Donald Trump said Iran was "begging" to make a deal but the U.
Cullen Frost Bankers Inc. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,513 shares of the electric vehicle producer's stock after purchasing an additional 5,813 shares during the period. Cullen Frost Bankers Inc.'s holdings in Tesla were worth $31...
Cullen Frost Bankers Inc. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 69,513 shares of the electric vehicle producer's stock after purchasing an additional 5,813 shares during the period. Cullen Frost Bankers Inc.'s holdings in Tesla were worth $31,261,000 at the end of the most recent quarter. Several other institutional investors have also recently added to or reduced their stakes in the company. Hardy Reed LLC lifted its holdings in Tesla by 20.0% during the 4th quarter. Hardy Reed LLC now owns 1,111 shares of the electric vehicle producer's stock valued at $500,000 after purchasing an additional 185 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. lifted its holdings in Tesla by 131.6% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 8,800 shares of the electric vehicle producer's stock valued at $3,958,000 after purchasing an additional 5,000 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in Tesla by 1.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 10,597 shares of the electric vehicle producer's stock valued at $4,766,000 after acquiring an additional 114 shares in the last quarter. Harvest Portfolios Group Inc. increased its position in Tesla by 8.0% in the 4th quarter. Harvest Portfolios Group Inc. now owns 530,521 shares of the electric vehicle producer's stock valued at $238,586,000 after acquiring an additional 39,325 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Tesla in the 4th quarter valued at about $2,315,000. 66.20% of the stock is owned by institutional investors. Get Tesla alerts: Sign Up Analyst Ratings Changes Several equities research analysts have weighed in on TSLA shares. UBS Group raised their price objective on shares ...
ExxonMobil (XOM +1.28%) and Chevron (CVX +1.51%) are leaders in the oil patch. They both have globally integrated operations, low costs, fortress balance sheets, and excellent records of delivering value to shareholders. The energy giants also boast strong long-term growth outlooks. Given their similarly strong profiles, it can be difficult to decide which of these top energy stocks to buy. Here's...
ExxonMobil (XOM +1.28%) and Chevron (CVX +1.51%) are leaders in the oil patch. They both have globally integrated operations, low costs, fortress balance sheets, and excellent records of delivering value to shareholders. The energy giants also boast strong long-term growth outlooks. Given their similarly strong profiles, it can be difficult to decide which of these top energy stocks to buy. Here's a look at which one is the better buy right now. The undisputed leader in the oil patch ExxonMobil and Chevron share many similarities. However, when comparing these two large international oil companies (IOCs), it's abundantly clear that Exxon reigns supreme. Last year, the oil giant generated $28.8 billion in earnings and $52 billion in cash flow from operations, putting it well ahead of Chevron ($13.5 billion of earnings and $33.9 billion in cash flow from operations). Exxon not only bested its closest peer last year but has also delivered IOC-leading earnings and cash flow growth over the last five years (compound annual growth rates of more than 20% and 10%, respectively). Those aren't the only categories where Exxon leads all IOCs. As of the end of last year, Exxon had delivered $15.1 billion in cumulative structural cost savings since 2019, more than all other IOCs combined. It has also delivered an average return on capital employed of 11% since 2019, leading all IOC. Meanwhile, Exxon ended last year with an industry-leading balance sheet, backed by an ultra-low 11% net debt-to-capital ratio. Exxon's financial strength enabled it to pay $17.2 billion in dividends last year, making it the second-largest dividend payer in the S&P 500. Exxon has also increased its dividend for an industry-leading 43 straight years. As a result, Exxon has delivered peer-leading total shareholder returns since 2019. Expand NYSE : XOM ExxonMobil Today's Change ( 1.28 %) $ 2.06 Current Price $ 162.55 Key Data Points Market Cap $674B Day's Range $ 159.64 - $ 163.32 52wk Range $ 101.19 - $ ...
Key Points ExxonMobil and Chevron are two of the largest oil companies in the world. While they're both similarly strong companies, one stands out as the best in the sector. They also have robust growth prospects. 10 stocks we like better than ExxonMobil › ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are leaders in the oil patch. They both have globally integrated operations, low costs, fortress...
Key Points ExxonMobil and Chevron are two of the largest oil companies in the world. While they're both similarly strong companies, one stands out as the best in the sector. They also have robust growth prospects. 10 stocks we like better than ExxonMobil › ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are leaders in the oil patch. They both have globally integrated operations, low costs, fortress balance sheets, and excellent records of delivering value to shareholders. The energy giants also boast strong long-term growth outlooks. Given their similarly strong profiles, it can be difficult to decide which of these top energy stocks to buy. Here's a look at which one is the better buy right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The undisputed leader in the oil patch ExxonMobil and Chevron share many similarities. However, when comparing these two large international oil companies (IOCs), it's abundantly clear that Exxon reigns supreme. Last year, the oil giant generated $28.8 billion in earnings and $52 billion in cash flow from operations, putting it well ahead of Chevron ($13.5 billion of earnings and $33.9 billion in cash flow from operations). Exxon not only bested its closest peer last year but has also delivered IOC-leading earnings and cash flow growth over the last five years (compound annual growth rates of more than 20% and 10%, respectively). Those aren't the only categories where Exxon leads all IOCs. As of the end of last year, Exxon had delivered $15.1 billion in cumulative structural cost savings since 2019, more than all other IOCs combined. It has also delivered an average return on capital employed of 11% since 2019, leading all IOC. Meanwhile, Exxon ended last year with an industry-leading balance sheet, backed by an ultra-low 11% net debt-to-capital ratio. Exxon'...
TLDR Nvidia reports Q1 fiscal 2026 earnings on May 20, with Wall Street expecting EPS of $1.76 on revenue of $78.75 billion. Data center revenue is projected at $72.85 billion, roughly double the $39.11 billion posted in Q1 last year. CEO Jensen Huang said Nvidia’s China market share has dropped to zero as Beijing pushes domestic chip development. The next-gen Vera Rubin platform is on track for p...
TLDR Nvidia reports Q1 fiscal 2026 earnings on May 20, with Wall Street expecting EPS of $1.76 on revenue of $78.75 billion. Data center revenue is projected at $72.85 billion, roughly double the $39.11 billion posted in Q1 last year. CEO Jensen Huang said Nvidia’s China market share has dropped to zero as Beijing pushes domestic chip development. The next-gen Vera Rubin platform is on track for production shipments in the second half of 2025, with samples already sent to customers. Q2 guidance will be closely watched — Wall Street expects around $87 billion; anything below that could weigh on the stock. Nvidia is about to deliver one of the most watched earnings reports of the year. The company is expected to post $78.75 billion in revenue and earnings per share of $1.76 for Q1, according to Bloomberg consensus estimates. That compares to $44.06 billion in revenue and $0.96 EPS in the same quarter a year ago. NVIDIA Corporation, NVDA The stock closed at $220.61 on May 19, down slightly on the day, but is still up around 19% year to date. It touched an all-time high closing price of $235.74 on May 14. Data center revenue is expected to carry the load again, with analysts projecting $72.85 billion from that segment alone. Of that, $60.53 billion is expected to come from compute, and $12.45 billion from networking. Gaming is forecast at $3.64 billion, down about 3%. What to Watch Beyond the Headline Numbers The Q2 outlook may matter more than Q1 results. Wall Street is sitting at around $87 billion for next quarter. If management guides below that number, even a strong Q1 beat may not be enough to hold the stock. There’s also a change in how Nvidia will present its financials this quarter. Starting now, the company is including stock-based compensation in its non-GAAP figures, so comparisons to prior quarters will need to account for that shift. The Vera Rubin platform is another focal point. Nvidia’s next-generation rack-scale system succeeds Blackwell and is positio...
Richard Drury/DigitalVision via Getty Images The Janus Henderson B-BBB CLO ETF ( JBBB ) makes an attractive case for itself. With monthly distributions, floating-rate exposure, low duration, and a yield profile above ordinary core bond funds, there are many things to like here. For most investors, a 12-month distribution yield of 6.86% and a 30-day SEC yield of 6.02% are enough to get attention. B...
Richard Drury/DigitalVision via Getty Images The Janus Henderson B-BBB CLO ETF ( JBBB ) makes an attractive case for itself. With monthly distributions, floating-rate exposure, low duration, and a yield profile above ordinary core bond funds, there are many things to like here. For most investors, a 12-month distribution yield of 6.86% and a 30-day SEC yield of 6.02% are enough to get attention. But JBBB has some concerning facets . It is not a plain bond fund, and it is not simply Janus Henderson AAA CLO ETF ( JAAA ) with a higher coupon. JBBB owns lower-ranking CLO debt, as its name implies, mostly BBB rated. That is a higher risk, for which you are being compensated a little more. Your tranche is subordinate to AAA CLO ETFs, and there could be liquidity risks as well. In Seeking Alpha’s comment section for JBBB, I see investors comparing JBBB with JAAA, PAAA, and FAAA. Some are holding, but the recent volatility is holding them back from buying more. Some worry that CLO equity stress may jump to CLO debt as well. These are real concerns. My own take on JBBB is that it is useful as a specialized income ETF. It may work as a secondary allocation, and only for investors aware of the risks. My near-term view is that JBBB can still work in 2026 if credit remains calm, but I expect most of the return to come from coupon income rather than NAV upside. My general rating for JBBB is Hold. JBBB's Portfolio JBBB seeks capital preservation and current income through floating-rate CLO exposure. The prospectus says that JBBB invests at least 80% of assets in CLOs rated between BBB+ and B-. Portfolio snapshot Author JBBB has a reported 82.19% trailing one-year turnover on the current portfolio page . The fund invests in the same asset class, although in different CLO issues. Investors are exposed to one specialized area of structured credit. That is not necessarily negative; that depends on whether BBB/B CLO debt is attractive enough for the risk. JBBB’s fact sheet shows 91.0% ...
The comedian Munya Chawawa on satire in the age of social media and what Donald Trump has in common with wrestlers Even if you don’t know Munya Chawawa’s name, you will almost certainly have seen one of his skits. He’s the guy on your feeds who’ll take a nostalgic chart-banger and turn it into a political parody. He first blew up in the Covid pandemic, when he mocked the health secretary for his a...
The comedian Munya Chawawa on satire in the age of social media and what Donald Trump has in common with wrestlers Even if you don’t know Munya Chawawa’s name, you will almost certainly have seen one of his skits. He’s the guy on your feeds who’ll take a nostalgic chart-banger and turn it into a political parody. He first blew up in the Covid pandemic, when he mocked the health secretary for his affair, the prime minister for rule-breaking, and the sheer absurdity of living through lockdown. Since then he’s racked up more than a billion views, appeared on Celebrity Bake Off and Taskmaster and made documentaries on Kim Jong-un and Robert Mugabe, all the while putting a modern twist on the hoary tradition of political satire. But as the news moves faster and grows darker, he tells Nosheen Iqbal how he finds jokes in the growing political chaos. Continue reading...
A Qatari conglomerate that’s part of the billionaire Al-Khayyat family’s empire is working with Rothschild & Co . on a potential initial public offering of its healthcare unit, according to people familiar with the matter, in what could be a rare listing on one of the Middle East’s quieter exchanges. Estithmar Holding QPSC has tapped the Paris-based firm to advise on a listing of its subsidiary, A...
A Qatari conglomerate that’s part of the billionaire Al-Khayyat family’s empire is working with Rothschild & Co . on a potential initial public offering of its healthcare unit, according to people familiar with the matter, in what could be a rare listing on one of the Middle East’s quieter exchanges. Estithmar Holding QPSC has tapped the Paris-based firm to advise on a listing of its subsidiary, Apex Health, in Doha, the people said, asking not to be identified discussing confidential information. Apex generated 592 million riyals ($162 million) in profit in 2025, according to the conglomerate’s exchange filing . Deliberations are ongoing and no final decisions have been made on the timing or size of any deal, the people said. Estithmar’s representatives declined to comment on advisory appointments, but said the firm continuously evaluates opportunities that support value creation for shareholders, “including exploring potential listing opportunities in Qatar alongside broader regional growth opportunities.” Rothschild representatives declined to comment. Read More: The Billionaire Brothers Betting on Syria’s Reconstruction A successful listing would provide a boost to Qatar’s equity capital markets, where only about $375 million has been raised through two IPOs since 2020. Doha’s benchmark index is down over 5% since the start of the regional conflict, after recovering some of the losses triggered by Iranian strikes on Qatar’s energy infrastructure. Estithmar, meanwhile, has been one of the Gulf’s best-performing stocks since the war began, rising about 30%. Get the Mideast Money newsletter , a weekly look at the intersection of wealth and power in the region. Qatar’s economy is expected to be among the hardest hit by the conflict, as exports through the Strait of Hormuz remain constrained despite a fragile ceasefire between the US and Iran. Doha has responded with measures including loan deferrals and liquidity support for banks, while also raising billions throug...
Russian President Vladimir Putin is holding high-stakes talks with Chinese leader Xi Jinping, seeking to secure a critical, long-stalled energy pipeline agreement. (Source: Bloomberg)
Russian President Vladimir Putin is holding high-stakes talks with Chinese leader Xi Jinping, seeking to secure a critical, long-stalled energy pipeline agreement. (Source: Bloomberg)
Covestor Ltd lowered its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 74.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,180 shares of the semiconductor manufacturer's stock after selling 3,355 shares during the period. Covestor Ltd's holdings in Micron Technology were worth $337,0...
Covestor Ltd lowered its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 74.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,180 shares of the semiconductor manufacturer's stock after selling 3,355 shares during the period. Covestor Ltd's holdings in Micron Technology were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors have also added to or reduced their stakes in MU. AQR Capital Management LLC raised its stake in shares of Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer's stock valued at $606,873,000 after acquiring an additional 2,918,535 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Micron Technology by 70.2% during the third quarter. California Public Employees Retirement System now owns 3,023,799 shares of the semiconductor manufacturer's stock valued at $505,942,000 after acquiring an additional 1,246,773 shares in the last quarter. Voloridge Investment Management LLC raised its stake in shares of Micron Technology by 1,064.3% during the third quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer's stock valued at $218,264,000 after acquiring an additional 1,192,433 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Micron Technology by 19.9% during the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semic...
Greenwoods Asset Management Hong Kong Ltd. boosted its position in Intel Corporation (NASDAQ:INTC - Free Report) by 36.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,590,400 shares of the chip maker's stock after purchasing an additional 694,363 shares during the quarter. Intel comprises about 2.4% of Greenwoods Asset ...
Greenwoods Asset Management Hong Kong Ltd. boosted its position in Intel Corporation (NASDAQ:INTC - Free Report) by 36.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,590,400 shares of the chip maker's stock after purchasing an additional 694,363 shares during the quarter. Intel comprises about 2.4% of Greenwoods Asset Management Hong Kong Ltd.'s portfolio, making the stock its 9th biggest holding. Greenwoods Asset Management Hong Kong Ltd. owned approximately 0.05% of Intel worth $95,586,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Intel in the fourth quarter valued at about $495,000. Handelsbanken Fonder AB raised its stake in Intel by 0.3% in the 4th quarter. Handelsbanken Fonder AB now owns 1,833,653 shares of the chip maker's stock worth $67,662,000 after purchasing an additional 5,955 shares in the last quarter. AMF Tjanstepension AB acquired a new stake in Intel in the 4th quarter worth about $57,895,000. Capstone Capital Management Ltd bought a new stake in Intel in the 4th quarter valued at about $8,094,000. Finally, Profund Advisors LLC boosted its holdings in Intel by 12.0% in the 4th quarter. Profund Advisors LLC now owns 681,015 shares of the chip maker's stock valued at $25,129,000 after purchasing an additional 72,948 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds. Get Intel alerts: Sign Up More Intel News Here are the key news stories impacting Intel this week: Wall Street Analysts Forecast Growth INTC has been the topic of several recent research reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Intel in a report on Friday, April 24th. Citic Securities upgraded Intel from a "hold" rating to a "b...
Greenwoods Asset Management Hong Kong Ltd. lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 31.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 89,826 shares of the semiconductor company's stock after selling 41,438 shares during the period. Taiwan Semiconductor Manufacturing accounts for a...
Greenwoods Asset Management Hong Kong Ltd. lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 31.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 89,826 shares of the semiconductor company's stock after selling 41,438 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 0.7% of Greenwoods Asset Management Hong Kong Ltd.'s portfolio, making the stock its 22nd largest position. Greenwoods Asset Management Hong Kong Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $27,297,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Shannon River Fund Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter worth about $2,430,000. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 9.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company's stock valued at $28,470,000 after purchasing an additional 8,738 shares in the last quarter. Hantz Financial Services Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 28.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 37,216 shares of the semiconductor company's stock valued at $10,394,000 after purchasing an additional 8,284 shares during the period. Meridian Wealth Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 27.9% in the 4th quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company's stock valued at $20,049,000 after purchasing an additional 14,406 shares during the period. Finally, Hollencrest Capital Management increased its stake in Taiwan Semiconductor Manufacturing by 125.3% during the 3rd...
South African Farming Crisis May Trigger Food Shortages Across The Continent For decades South Africa has operated as the breadbasket for half of the African continent, and the vast majority of that food was grown by white farmers (Boers and Afrikaners). In other words, the very survival of Africans has long been dependent on the hard labor of the white people they are taught to despise. South Afr...
South African Farming Crisis May Trigger Food Shortages Across The Continent For decades South Africa has operated as the breadbasket for half of the African continent, and the vast majority of that food was grown by white farmers (Boers and Afrikaners). In other words, the very survival of Africans has long been dependent on the hard labor of the white people they are taught to despise. South Africa has around 142 race-based laws which largely discriminate against white citizens, especially when property, business and government office is involved. The Expropriation Act of 2024 allows the socialist government to confiscate any land of their choosing to "redress past discriminatory laws or practices" (land owned by white citizens). This is part of a project to "fulfill land reform goals" (transfer wealth and farming operations to black citizens). The problem is, when land is seized or forced into sale to black owners, farming production reportedly collapses . That is to say, once the white farmers are gone, crop yields fail and the black owners often resell the land and leave. In other cases, the new owners allow the land to languish, using the homes for living but never cultivating the surrounding property. Black South Africans own more farmland per capita than French, German and Spanish farmers combined, yet, starvation persists in the region. Excuses as to why this is happening persist, but the fact remains that if Africa wants steady food production, they will have to rely on experienced white Afrikaners to make it happen because no one else is going to do it. Furthermore, the government's failure to maintain basic infrastructure has forced local farmers to take on the costs in order to keep food production on track and the roads ready for freight. The pressure from government projects for "reparations" as well as the constant threat of violence from militant race communists targeting white farmers has made the job difficult. Now, shortages of diesel and fertili...