尖沙咀發生搶劫案，一名男子報稱被劫走價值約50萬的金器。 警方在漢口道5至15號漢口中心附近調查。 當局指昨晚近10時半，接獲一名男子報案，指自己被兩名歹徒劫走載有價值約50萬金器的袋子，兩人之後登上車輛逃走，報案男子報稱頸痛送院治理。

【有線新聞】元朗一名男子搶走的士駛至長青隧道失事撞壆，涉嫌偷車及無牌駕駛被捕。 43歲疑犯在警車上協助調查。凌晨一時許，疑犯在港鐵元朗站登上的士，將司機趕下車後駕車逃去，的士沿大欖隧道出九龍駛至長青隧道時逆線行車，期間失控撞向石壆停下。的士右邊車身損毀，他無受傷，被接報趕至的警員拘捕。

State seeks major platform changes and more damages

The post The Strategy That Built Your Retirement Won’t Survive It by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. There are two distinct phases in retirement planning. The first is accumulation: saving consistently, investing for growth, and staying invested through market cycles. This is the phase most financial advisers are trained for, and the one most people spend their working lives focused on. The second is distribution: turning savings into income, managing withdrawals for tax efficiency, coordinating Social Security timing, and planning for a retirement that may last 20 to 30 years or more. These phases require different strategies, different planning decisions, and often a different type of adviser. The challenge is that many people enter retirement still working with an adviser primarily focused on accumulation. Distribution planning is different, and many are stepping into it without a coordinated strategy. According to a 2024 IRALOGIX survey, nearly half of retirees reported having no formal withdrawal strategy, instead withdrawing funds as needed without a coordinated plan for taxes, sequencing, inflation, or longevity. The same survey found that 46% said their 401(k) provider offered minimal or no guidance on distribution planning near retirement. To evaluate whether your retirement income strategy is built for the distribution phase, take our AdviserMatch quiz. 4 Ways an Accumulation Strategy May Not Fit Retirement The shift from accumulation to distribution is one of the most important transitions in financial planning, and many people make it without adjusting their strategy. 1. Portfolio risk changes when withdrawals begin During accumulation, time works in your favor. Contributions continue, and portfolios can recover from downturns over time. In distribution, withdrawals change that dynamic. Selling assets during market declines can reduce long-term portfolio longevity. This is commonly re...

In trading on Monday, trucking shares were relative laggards, down on the day by about 6.1%. Helping drag down the group were shares of Universal Logistics Holdings, off about 25.2% and shares of GXO Logistics off about 11.7% on the day. Also lagging the market Monday are airl

Earnings Call Insights: Tyson Foods (TSN) Q2 2026 Management View "Overall, I'm pleased with our performance in the second quarter, and we are raising our AOI guidance for the year" (President, CEO & Director Donnie King), alongside a strategy message that Tyson is "a diversified protein-centric company" with "a balanced approach to capital allocation" (CEO King). "Our second quarter results with $13.7 billion in sales and $497 million in adjusted operating income demonstrate that our strategy is working" (CEO King), with the quarter led by Chicken and Prepared Foods results that he said were driven by "strong execution on the controllables" and "more efficient marketing and promotional spend" (CEO King). "Free cash flow is critical to our strategy" (Chief Financial Officer Curt Calaway), and he detailed first-half cash and leverage actions: "Operating cash flow for the first half of the year was $829 million... resulting in free cash flow of $432 million," and "We reduced our gross debt by nearly $1 billion over the past 12 months" (CFO Calaway). Outlook "We still anticipate full year sales to be up 2% to 4% year-over-year" (CFO Calaway), and "We have increased our range for total company adjusted operating income... with a current range of $2.2 billion to $2.4 billion" (CFO Calaway). "Following the strong year-to-date performance in Chicken, we are increasing our expectations of segment operating income to a range of $1.9 billion to $2.05 billion" (CFO Calaway), while Prepared Foods remained "$1.25 billion to $1.35 billion" and Pork remained "$250 million to $300 million" (CFO Calaway). Beef guidance reflected continued supply pressure: "we expect segment operating income in beef to be a loss between $500 million and $350 million" (CFO Calaway), with Calaway adding the range was "partially offset by the footprint actions we implemented in the second quarter" (CFO Calaway). Compared with Q1, management increased total company adjusted operating income guidance ("$2...

In trading on Monday, biotechnology shares were relative leaders, up on the day by about 2.1%. Leading the group were shares of Insight Molecular Diagnostics, up about 22.8% and shares of Replimune Group up about 20.8% on the day. Also showing relative strength are oil & g

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J Studios/DigitalVision via Getty Images Investment Overview Axsome Therapeutics, Inc. ( AXSM ), the New York-headquartered, commercial-stage Pharmaceuticals company, reported its Q1 2026 earnings and business updates earlier today. Shares are up >10% in early trading today, trading at a value of $230, and the company's market cap is $11.8bn. Shares are up 25% year-to-date, >70% on a six-month basis, >100% on a 1-year basis, and up >290% on a five-year basis. In my last note on the company for Seeking Alpha, covering Q4 earnings , I downgraded my rating from a Buy to a Hold. Shares are up ~18% since that Hold call and up >100% since my Buy call made in July 2025. Let's take a look at some of the headline figures from today's earnings, but first, let me share a slide from Axsome's earnings presentation providing an overview of the company: Axsome company overview (presentation) As we can see, Axsome's primary focus is on central nervous system ("CNS") diseases, and it has three approved products across four CNS indications: major depressive disorder ("MDD"), agitation associated with dementia due to Alzheimer's disease ("AADAD"), for which approval was secured just a few days ago, on May 1st, excessive daytime sleepiness ("EDS") in adult patients with narcolepsy or obstructive sleep apnea ("OSA"), and migraine. Auvelity, approved to treat MDD and AADAD, earned revenues of $153.2m in Q1, up 59% year-on-year; Sunosi, approved for EDS, $33.9m, up 34%; and Symbravo $4.1m. Symbravo was approved in January 2025. The $191m of total revenues represents 57% year-on-year growth, although we may note that Auvelity revenues did fall sequentially, from $155.1m in Q4, as did Sunosi's, from $36.7m. R&D expenses amounted to $52.7m, up ~18% year-on-year; SG&A expenses were $185m, up 53%; and net loss was reported as $(64.5m), or $(1.26) per share, compared to $(59.4m), or $(1.22) per share in Q1 2025. Finally, the company reported a cash position of $305m, and total current assets of...

The board of directors of Eli Lilly has declared a dividend for the second quarter of 2026 of $1.73 per share on outstanding common stock. The dividend is payable on June 10, 2026, to shareholders of record at the close of business on May 15, 2026. The Board of Directors of MS

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ArLawKa AungTun/iStock via Getty Images The following segment was excerpted from First Eagle U.S. Fund Q1 2026 Commentary. Portfolio Review U.S. Fund A Shares (without sales charge*) posted a return of 1.17% in first quarter 2026. Energy and materials were the leading contributors among equity sectors, while information technology, communications services and healthcare were the largest detractors. The US Fund outperformed the S&P 500 Index in the period. Energy stocks broadly outperformed in the first quarter due to surging oil and natural gas prices following the outbreak of war in the Middle East and the closure of the Strait of Hormuz, which provides passage for roughly 20% of global oil and liquefied natural gas (LNG) supply. Every major subsector participated in this rally, including integrated producers and service providers. Leading contributors in the First Eagle U.S. Fund this quarter included gold bullion, Exxon Mobil Corporation ( XOM ), Noble Corporation PLC Class A ( NE ), IPG Photonics Corporation ( IPGP ) and SLB Limited ( SLB ). After surging to a new all-time nominal high in January, the price of gold bullion consolidated in February and ultimately sold off sharply in March with the outbreak of war between the US/Israel and Iran. Despite a significant intra-quarter peak-to-trough decline, however, gold managed to deliver a solid first quarter gain. We believe the sustained rally in gold over the past two-plus years reflected growing concerns about a potential large-scale disruptive event, which came to fruition on February 28. Though gold may continue to face near-term downside risks as energy-driven inflation pressures reverberate throughout the global economy and fuel higher real interest rates, its long-term fundamentals remain strong, in our view, as does the case for strategic portfolio exposure to the metal. Integrated oil and gas giant Exxon Mobil was strong in the first quarter due to surging oil and natural gas prices following the outbrea...

J.P. Morgan reiterates an Overweight rating on Alphabet stock and lifts its price target to $460 from $395.

jbk_photography/iStock Editorial via Getty Images Mastercard Incorporated ( MA ) began 2026 with earnings and revenue being better than expected in the first quarter. Nevertheless, the market failed to reward and stock prices fell. Investors worried about weakening cross-border travel and geopolitical tensions . Such a response seems more connected to a broader situation than to the business itself. As for the company specifically, Mastercard remains on a stable course and with strong growth in its primary areas. What is more interesting is how Mastercard is just quietly transforming its business. It’s not just about processing payments any longer. The company has been putting an excessive focus on value-added services such as cybersecurity, fraud detection, and data analytics which not only grow faster but carry higher margins. This trend is slowly transforming the earnings profile of the company and maybe making it more resilient in the long run. Things have not changed dramatically, and the forecasts have been made towards steady increases in revenue and earnings through 2026. Price targets also imply that there is still room for upside. The overall picture indicates that Mastercard will continue to outperform much of its industry, which is another indication that, in the long run, the story remains very much intact. Snapshot of the Company A fast way for me to get an overall understanding of the condition of the business is to use the BTMA Stock Analyzer’s company rating score. Mastercard has a very good company rating score of 87 out of 100. In summary, it seems to be an extremely efficient business. Before jumping to conclusions, we’ll have to look closer into individual categories to see what’s going on. BTMA Stock Analyzer (Source: BTMA Stock Analyzer) Fundamentals In the image below, we can see that share price has been increasing consistently over the last 10 years. There was a very slight dip in 2022, but the stock recovered quickly. Overall, share price ...

The US military helped two American-flagged ships go through the Strait of Hormuz as part of a broader effort to open a lane through the vital waterway, the commander of US Central Command told reporters. Admiral Brad Cooper said Iran has tried to interfere with vessels in the area over the last 12 hours, and the US successfully repelled both drone and missile attacks. He said US helicopters had also destroyed small boats going after commercial vessels. “The US military has the clear advantage,” Cooper said. He said the US remains fully committed to maintaining its blockade of Iranian vessels. Asked if the confrontations meant a nearly month-long ceasefire between the US and Iran was over, Cooper said American assets in the region remain a defensive force.

格隆汇5月5日｜美国中央司令部司令布拉德·库珀上将：伊朗已使用巡航导弹对商船及美国军舰发动打击。

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A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed , its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes as Spirit's shutdown looked more and more likely. Some new flights start this week. It comes after Spirit abruptly ceased operations overnight Saturday, stranding thousands of customers. The quick move shows how carriers are vying for Spirit's valuable assets, like airport gates and a customer base that has one less choice when booking. That could drive up airfare even more than it already has risen after the fuel-driven hikes this year, analysts said. Even though Spirit's already pared-down summer schedule was about 1.5% of U.S. domestic capacity, it could have a broader impact on the industry and travelers' wallets, Barclays airline analyst Brandon Oglenski said in a note Monday. "Beyond direct revenue capture from Spirit's prior network, we also suspect industry pricing could benefit significantly for nearly all airlines given the removal of excess point-to-point capacity, which will likely drive even higher unit revenue outcomes in the near term," he said. For now, other airlines are announcing their new flights as they look to fill the gaps from Spirit's absence and compete for Spirit's routes and gates. Breeze Airways is launching a flight out of Atlantic City, New Jersey, to Charleston, South Carolina. The carrier also plans to run year-round service from Atlantic City to Raleigh-Durham International Airport in North Carolina and Tampa, Florida. JetBlue Airways , previously the No. 2 airline at Spirit's home hub of Fort Lauderdale-Hollywood International Airport in Florida, announced new flights from there to a host of destinations, including Barranquilla and Cali in Colombia; Baltimore; Charlotte, North Carolina; a...

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The artificial-intelligence labs have both finalized new joint ventures that aim to broaden their reach by embedding engineers with customers to offer refined, customized AI solutions.

Anthropic and OpenAI are following Palantir’s playbook as they seek to grow AI usage MarketWatch

Silver's price has risen nearly 140% over the past 12 months. That rally was driven by three catalysts: industrial demand, investor demand, and production bottlenecks. Silver is widely used in solar panels, electric vehicles, consumer electronics, and data centers. The market's demand for silver across those markets, especially among renewable energy providers and AI-driven data centers, has skyrocketed over the past few years. Image source: Getty Images. Continue reading

【有線新聞】美國展開恢復霍爾木茲海峽自由航行的任務。 總統特朗普指軍方攻擊了7艘伊朗小型船隻，指控船隻企圖阻撓商船航行。 美軍中央司令部發放片段，顯示兩架F-18超級大黃蜂戰機由參與「自由行動」計劃的林肯號航母起飛，並確認摧毀威脅商船航行的伊朗小型船隻，指兩艘懸掛美國旗的商船成功通過海峽。 伊朗則向商船發射導彈，網上片段拍到相信是南韓貨輪遇襲，機房起火爆炸。阿聯酋則稱防空系統攔截了十多枚伊朗導彈和無人機。

格隆汇5月5日｜美国中央司令部司令布拉德·库珀上将：伊朗曾试图通过向商船开火进行干扰，但未能成功。美方已消灭六艘试图干扰商船航行的伊朗小型船只。强烈建议伊朗部队与美国军事资产保持充分距离。美国对伊朗的军事封锁效果超出预期。

Source: Bloomberg, 4:38

Sundry Photography/iStock Editorial via Getty Images Broadcom ( AVGO ) has made itself into an integral part of the infrastructure used in the AI economy, which entails AI silicon and a software stack supported by VMware that yields high margins. The relationship between Broadcom and hyperscalers gives the company considerable insight and switching cost advantages as AI continues to gain momentum on both the training and inference sides. At the same time, the company has evolved into a platform business, enabling it to generate structurally higher margins. In my view, such a setup positions Broadcom to deliver strong earnings growth as it rides one of the most powerful technology cycles of the decade. The AI Moat Is Real And Broadcom Sits At Its Core At this point, I think it’s clear that Broadcom is deeply embedded in the AI ecosystem. Broadcom not only takes advantage of AI, but it is also deeply connected with AI. The customized XPU structure where chip designers and hyperscalers work together to develop customized semiconductors has been proven successful. What caught my attention the most in the latest quarter was the visibility of Broadcom. In Q1 FY2026, AI semiconductor sales grew 106% year-over-year to reach $8.4 billion . In my view, Broadcom has a credible path toward reaching $100 billion in AI revenue , supported by gigawatt-scale deployments and long-term customer commitments. Currently, Broadcom collaborates with six large customers who have committed themselves to building their own AI platforms. This is no small project. That's why I am confident Broadcom can reach the goal. The revenue will not grow linearly, but in steps. What I find interesting in this story is the shift towards inference. While training was behind the early wave of AI investments, inference is behind its monetization. That gives Broadcom exposure to two phases of the cycle, making it more durable. Broadcom Inc. Company Overview March 2026 There is also another part of this story ...

Sundry Photography/iStock Editorial via Getty Images Broadcom ( AVGO ) has made itself into an integral part of the infrastructure used in the AI economy, which entails AI silicon and a software stack supported by VMware that yields high margins. The relationship between Broadcom and hyperscalers gives the company considerable insight and switching cost advantages as AI continues to gain momentum on both the training and inference sides. At the same time, the company has evolved into a platform business, enabling it to generate structurally higher margins. In my view, such a setup positions Broadcom to deliver strong earnings growth as it rides one of the most powerful technology cycles of the decade. The AI Moat Is Real And Broadcom Sits At Its Core At this point, I think it’s clear that Broadcom is deeply embedded in the AI ecosystem. Broadcom not only takes advantage of AI, but it is also deeply connected with AI. The customized XPU structure where chip designers and hyperscalers work together to develop customized semiconductors has been proven successful. What caught my attention the most in the latest quarter was the visibility of Broadcom. In Q1 FY2026, AI semiconductor sales grew 106% year-over-year to reach $8.4 billion . In my view, Broadcom has a credible path toward reaching $100 billion in AI revenue , supported by gigawatt-scale deployments and long-term customer commitments. Currently, Broadcom collaborates with six large customers who have committed themselves to building their own AI platforms. This is no small project. That's why I am confident Broadcom can reach the goal. The revenue will not grow linearly, but in steps. What I find interesting in this story is the shift towards inference. While training was behind the early wave of AI investments, inference is behind its monetization. That gives Broadcom exposure to two phases of the cycle, making it more durable. Broadcom Inc. Company Overview March 2026 There is also another part of this story ...