The proliferation of nuclear power in space got a little more real Tuesday with the launch of a small satellite developed by a Florida-based company specializing in nuclear micro-power technology. It's a long way from launching a bona fide nuclear reactor , a breakthrough that could help power a permanent Moon base and efficiently drive rockets throughout the Solar System . But you have to start s...
The proliferation of nuclear power in space got a little more real Tuesday with the launch of a small satellite developed by a Florida-based company specializing in nuclear micro-power technology. It's a long way from launching a bona fide nuclear reactor , a breakthrough that could help power a permanent Moon base and efficiently drive rockets throughout the Solar System . But you have to start somewhere. The satellite from Miami-based City Labs is named BOHR, short for Betavoltaic Orbital High-Reliability, and it launched on a SpaceX rideshare mission Tuesday alongside 80 other payloads. SpaceX's Falcon 9 rocket released the BOHR satellite into an orbit between 350 and 400 miles (nearly 600 km) in altitude. Read full article Comments
J Studios Bloom Energy ( BE ) tumbled 11% amid a short report from Hunterbrook Media. Hunterbrook Capital disclosed it's short shares of Bloom Energy ( BE ). Bloom Energy didn't immediately respond to Seeking Alpha's email request for comment. Bloom Energy's ( BE ) short interest is 10.5%. Shares of Bloom have jumped 210% this year and have skyrocketed over 1000% over the past year. More on Bloom ...
J Studios Bloom Energy ( BE ) tumbled 11% amid a short report from Hunterbrook Media. Hunterbrook Capital disclosed it's short shares of Bloom Energy ( BE ). Bloom Energy didn't immediately respond to Seeking Alpha's email request for comment. Bloom Energy's ( BE ) short interest is 10.5%. Shares of Bloom have jumped 210% this year and have skyrocketed over 1000% over the past year. More on Bloom Energy Bloom Energy's Long-Term Rally Is Just Getting Started Bloom Energy: AI Boom Has Pushed It Precariously Close To The Cliff Bloom Energy: The Only Level I Buy At Most and least shorted industrial stocks with market caps above $10B as of end-June AI data centers are reshaping the energy infrastructure landscape
Plans for a mega-resort, backed by Ivanka Trump and Jared Kushner, have spurred broader questions about who politics is serving For more than a month, thousands have taken to the streets of Tirana to protest against their government , in the biggest outbreak of unrest in Albania since the collapse of communism more than three decades ago. What began with environmental concerns about protecting a n...
Plans for a mega-resort, backed by Ivanka Trump and Jared Kushner, have spurred broader questions about who politics is serving For more than a month, thousands have taken to the streets of Tirana to protest against their government , in the biggest outbreak of unrest in Albania since the collapse of communism more than three decades ago. What began with environmental concerns about protecting a nature reserve and the more than 2,500 species it hosts has become the flamingo revolution, questioning the very direction of the country. Albanians are angered that multibillion dollar luxury developments backed by Jared Kushner and Ivanka Trump threaten one of the last wild areas on the Adriatic – Zvërnec, its lagoon and the nearby island of Sazan – and are furious at the lack of transparency surrounding the projects. The government says that deals are not finalised. But videos of bulldozers on beaches triggered the mass protests. Continue reading...
HSBC upgraded Trade Desk ( TTD ) to “Hold” from “Reduce,” citing an improving near-term outlook after the advertising technology company's dispute with Publicis ( PUBGY ) was resolved, easing Middle East tensions and expectations of record U.S. political advertising spending ahead of the midterm elections. Analyst Mohammed Khallouf maintained his $20 price target, saying the improving backdrop is ...
HSBC upgraded Trade Desk ( TTD ) to “Hold” from “Reduce,” citing an improving near-term outlook after the advertising technology company's dispute with Publicis ( PUBGY ) was resolved, easing Middle East tensions and expectations of record U.S. political advertising spending ahead of the midterm elections. Analyst Mohammed Khallouf maintained his $20 price target, saying the improving backdrop is offset by intensifying competition across the ad-tech industry. He highlighted Walmart's ( WMT ) new demand-side platform, or 'DSP,' partnerships with Yahoo ( YAHOY ) DSP and Google's ( GOOG ) DV360 after ending its exclusive relationship with Trade Desk ( TTD ), saying, "Retail media increasingly shifting away from the single-partner model erodes TTD’s advantage in proprietary third-party data" and could add pressure on pricing and take rates. Khallouf values Trade Desk ( TTD ) at six times the estimated 2027 EV/EBITDA, compared with a peer median of 12 times, reflecting his expectation of roughly 7% EBITDA growth over 2025-2027 versus the peer median of 34%. More on Trade Desk The Trade Desk: Cheap Stock, Expensive Risks; Time To Exit The Trade Desk Isn't The Bargain I Thought It Was The Trade Desk: The Best Time To Buy Is When Others Continue To Ignore Sphere Entertainment tops communications services stocks in short interest; Alphabet sees the lowest exposure The Trade Desk, Publicis settle dispute over DSP fees
The Great Migration: What The Dow-To-Gold Ratio Is Telling Us Authored by Bryan Lutz, Editor at Dollarcollapse.com , It takes about 13 ounces of gold to buy the Dow Jones Industrial Average. The Dow-to-gold ratio prices the entire American stock market. And it does it in the one currency no central bank can print. Over the past century, it tells the same story. It measures when the US stock market...
The Great Migration: What The Dow-To-Gold Ratio Is Telling Us Authored by Bryan Lutz, Editor at Dollarcollapse.com , It takes about 13 ounces of gold to buy the Dow Jones Industrial Average. The Dow-to-gold ratio prices the entire American stock market. And it does it in the one currency no central bank can print. Over the past century, it tells the same story. It measures when the US stock market is overvalued… when it’s promising too much. And there are a lot of promises that don’t look as good as they should these days. A bond pays only if the issuer stays solvent. A dollar holds its value only if the people who print it show restraint. Yet, tangible wealth answers to no one. An ounce of gold is worth an ounce of gold whether a single counterparty keeps their word, which is what makes gold an honest denominator in the Dow-to-Gold ratio. The ratio goes up, and it comes down. During the great manias of the twentieth century, paper looked invincible: 18 ounces to buy the Dow in 1929, 28 in 1966, 41 at the top of the dot-com boom in 2000. Then the tide went out, bubbles popped and the markets turned to commodities over equities. As the ratio goes down, eventually it hits a bottom. The same Dow cost almost nothing in metal, barely 2 ounces in 1932 and close to a single ounce in 1980. So, greed priced the top. Fear, and sound money, priced the bottom. A century in one line: Every peak in paper has been repriced in gold. Each top marked a moment the market trusted claims more than the things behind them, and each was followed by a long migration back toward metal that ran for years, not months. Here is where we correct the record. The move off the 2000 top has been anything but tidy. The ratio fell to roughly 6 by 2011, then the long everything-rally, cheap money layered on cheap money, hauled it back above 19 by 2021. The 2026 equity melt-up has lifted it again, to about 13, even with gold sitting near record highs. The same story, up close: However, the long-term tren...
Shares of The Trade Desk (NASDAQ: TTD) were slumping again last month after the leading independent demand-side adtech platform (DSP) got swept up in the broader sell-off in software stocks as investors continue to doubt its growth potential amid rapidly deteriorating sales growth. Perhaps, the worst news for the company was that Chief Revenue Officer Anders Mortenson was asked to leave the compan...
Shares of The Trade Desk (NASDAQ: TTD) were slumping again last month after the leading independent demand-side adtech platform (DSP) got swept up in the broader sell-off in software stocks as investors continue to doubt its growth potential amid rapidly deteriorating sales growth. Perhaps, the worst news for the company was that Chief Revenue Officer Anders Mortenson was asked to leave the company after just seven months, a sign of disarray and the challenges The Trade Desk is facing. While there were some positive news items, the overall trend was negative, and the stock finished the month down 16%, according to S&P Global Market Intelligence . Continue reading
Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record Following yesterday's stellar 3Y auction, moments ago - with yields surging to the highest level since mid-May - the Treasury completed the sale of $39BN in a 9 Year 10 Month reopening of 10Y cusip QQ7, in what was another spectacular auction. The note sale, which priced just after 1pm ET, stopped at a high yield of 4.580...
Stellar 10Y Auction Stops Through, With 3rd Highest Foreign Demand On Record Following yesterday's stellar 3Y auction, moments ago - with yields surging to the highest level since mid-May - the Treasury completed the sale of $39BN in a 9 Year 10 Month reopening of 10Y cusip QQ7, in what was another spectacular auction. The note sale, which priced just after 1pm ET, stopped at a high yield of 4.580%, up from last month's 4.538%, and stopped through the When Issued 4.586% by 0.6bps, the biggest stop through since Sept '25 . The bid to cover rose to 2.593 from 2.565, which was the highest BtC also since last September, and obviously well above the six-auction average of 2.46. The internals were also some of the best on record: foreign buyers (i.e., indirects) were awarded 81.5% of the auction, up from 78.21% in June and the 3rd highest on record . And with Directs sliding to 10.73%, the lowest since April 25, Dealers were left holding just 7.8%, down from 9.5% in June and the lowest since January. Overall, this was an extremely strong auction, perhaps the best 10Y of 2026, and with yields surging today, it shows that not only retail traders, but bond investors are also willing to buy the dips. Tyler Durden Wed, 07/08/2026 - 13:24
MJ_Prototype/iStock via Getty Images The last time I spoke about Compass Pathways plc ( CMPS ), it was with a Seeking Alpha article entitled " Compass Pathways: Maintain Hold Rating With COMP360 Going Beyond TRD Development ." With respect to this article, I already mentioned that the company had done well meeting the primary endpoint from its first phase 3 COMP005 study using its synthetic, propr...
MJ_Prototype/iStock via Getty Images The last time I spoke about Compass Pathways plc ( CMPS ), it was with a Seeking Alpha article entitled " Compass Pathways: Maintain Hold Rating With COMP360 Going Beyond TRD Development ." With respect to this article, I already mentioned that the company had done well meeting the primary endpoint from its first phase 3 COMP005 study using its synthetic, proprietary formulation of psilocybin, COMP360, for patients with treatment-resistant depression. I also mentioned that the company was still in the process of evaluating the use of this psilocybin in both parts of the phase 3 COMP006 study targeting this same group of patients as well. Today, I'm going to upgrade this stock from a Hold rating to a Strong Buy rating, despite the stock having gained 88.53% since I last wrote about it. The reason why is because not only was the company also able to meet the primary endpoint of the phase 3 COMP006 study of change from baseline in the Montgomery-Åsberg Depression Rating Scale [MADRS] score at week 6 [1 mg dose versus 25 mg COMP360 dose], but it was shown to have a durable effect in Part B [26 weeks] of this second phase 3 COMP006 study, which I will be going over below. The promising aspect here is that the FDA already granted Compass a New Drug Application [NDA] rolling review quest for starters. The company is already underway with this rolling NDA submission and expects to complete it in Q4 of 2026. What's even better is that at the same time, it was also granted the Commissioner's National Priority Voucher [CNPV] program for the development of COMP360 for treatment-resistant depression patients. More about this below, but in essence this means that it will be granted a shortened 1-2 month review time. If all goes well, the commercial launch of COMP360 for TRD is expected in the first half of 2027. Plus, the company is already making a late-stage development push for this same psilocybin therapy to treat patients with post-trauma...
Getty Images Apple ( AAPL ) announced a new multi-year deal with Broadcom ( AVGO ) this morning (July 8th). This was expected after an SEC filing was made by Broadcom earlier this week. Today, I'll give a brief summary of what the deal is, what the deal isn't, and why in the short term it likely won't move the needle much for either stock (see chart below). Broadcom's SEC filing on July 6 containe...
Getty Images Apple ( AAPL ) announced a new multi-year deal with Broadcom ( AVGO ) this morning (July 8th). This was expected after an SEC filing was made by Broadcom earlier this week. Today, I'll give a brief summary of what the deal is, what the deal isn't, and why in the short term it likely won't move the needle much for either stock (see chart below). Broadcom's SEC filing on July 6 contained what is pretty much the standard (i.e., understated and non-informative...) agreement renewal with Apple: Item 8.01 Other Events. Broadcom Inc. (“Broadcom”) and Apple Inc. (“Apple”) have agreed to expand their long-standing technology collaboration through 2031 by entering into new multi-year long-term agreements for Broadcom to develop and supply a range of custom ASIC silicon products for use in multiple generations of Apple products. As you can see from the chart above, Broadcom's stock initially rallied a little bit, but not much. This was followed by Apple's announcement this morning, which included more detail, including: The agreement secures Apple's supply chain for Broadcom's advanced radio frequency components—including FBAR filters—and advanced wireless connectivity technologies. The new agreement is expected to reach $30 billion. The new agreement is expected to produce 15 billion U.S.-made chips. The new agreement will result in a $1.5 billion expansion and modernization of Broadcom's Fort Collins, Colorado manufacturing facility. So, this is basically a renewal of the decades-long technology agreement between the two companies for the RF front-end on Apple iPhones (and other products) that I discussed in detail in one of my most highly read Seeking Alpha articles back in 2023: " CEO Shakedown: Tim Cook Vs. Hock Tan ". In that article, I noted how Apple was doing more in-house chip development on designs that Broadcom had previously provided - like WiFi and Bluetooth. While many predicted Apple would design Broadcom completely out of its products, in that art...
GameStop has more stock GameStop Corp. is sort of trying to buy eBay Inc. Not really. We have discussed the proposal a few times, and my basic point is that this is less “GameStop wants to buy eBay” and more “GameStop’s chief executive officer, Ryan Cohen, wants to be CEO of eBay.” EBay is a much bigger company than GameStop, and GameStop does not have enough money to buy it. Instead, GameStop has...
GameStop has more stock GameStop Corp. is sort of trying to buy eBay Inc. Not really. We have discussed the proposal a few times, and my basic point is that this is less “GameStop wants to buy eBay” and more “GameStop’s chief executive officer, Ryan Cohen, wants to be CEO of eBay.” EBay is a much bigger company than GameStop, and GameStop does not have enough money to buy it. Instead, GameStop has proposed a merger in which it will give eBay shareholders some cash, but also they will roll their stock into a combined company in which they will own most of the stock. The point of the transaction, from the perspective of eBay shareholders, is not that their company would be acquired by another company: They’d still own most of the stock, and the stock would mostly represent the same business. Rather, the point of the transaction is that their company would be run by Ryan Cohen . He thinks that’s attractive. EBay’s board does not . It’s not clear to me, yet, what eBay’s shareholders think. If you think of the transaction that way, it’s a little silly to say things like “eBay has $50 billion of stock, and GameStop has only $10 billion of stock, so GameStop doesn’t have enough stock to buy eBay.” That’s not how this works: GameStop would be buying eBay with, economically, eBay stock. I once wrote that “eBay is financeable — people own its debt and equity now! — so Ryan Cohen should be able to finance it.” Still, GameStop would technically be buying eBay with its own stock, and, in fact, GameStop didn’t have enough stock : Its corporate charter didn’t authorize nearly enough shares to do the eBay transaction. Oops! Yesterday GameStop fixed that : GameStop Corp. … announced that its stockholders approved all proposals presented at the Company's 2026 Annual Meeting of Stockholders, including an amendment to the Company's certificate of incorporation increasing the number of authorized shares of Class A common stock. The amendment received the affirmative vote of 68.7% of vot...
Manhattan judge’s order frees funds from Trump’s 2023 sexual abuse and defamation verdict after supreme court appeal failed Sign up for the Breaking News US newsletter email A Manhattan federal court judge has ordered the release of more than $5m Donald Trump owes E Jean Carroll following her successful 2023 sexual abuse and defamation trial against him. Trump had deposited this $5m million jury a...
Manhattan judge’s order frees funds from Trump’s 2023 sexual abuse and defamation verdict after supreme court appeal failed Sign up for the Breaking News US newsletter email A Manhattan federal court judge has ordered the release of more than $5m Donald Trump owes E Jean Carroll following her successful 2023 sexual abuse and defamation trial against him. Trump had deposited this $5m million jury award, plus 11% interest, into a court-controlled account about six weeks after Carroll’s win. Judge Lewis Kaplan’s order directs the disbursement of these court controlled funds, which now total some $5.8m due to interest accrual. Continue reading...
Shares of Occidental Petroleum (NYSE:OXY) are up 4% at midday Wednesday, trading at $53.90. The move puts Occidental well ahead of integrated peers ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX). ExxonMobil stock is off 1% at $140.51, essentially flat. Meanwhile, Chevron shares are higher by 1% to $176.07, a modest gain that trails Occidental by a wide ... Occidental Petroleum Jumps 4% While ExxonMo...
Shares of Occidental Petroleum (NYSE:OXY) are up 4% at midday Wednesday, trading at $53.90. The move puts Occidental well ahead of integrated peers ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX). ExxonMobil stock is off 1% at $140.51, essentially flat. Meanwhile, Chevron shares are higher by 1% to $176.07, a modest gain that trails Occidental by a wide ... Occidental Petroleum Jumps 4% While ExxonMobil, Chevron Lag: Evercore Upgrade and Oil Spike Fuel OXY’s Lead
The D.C. circuit appeals court denied all of President Trump's arguments that sought to stop the removal of his name from the Washington, D.C., arts institution. (Image credit: Alex Wroblewski)
The D.C. circuit appeals court denied all of President Trump's arguments that sought to stop the removal of his name from the Washington, D.C., arts institution. (Image credit: Alex Wroblewski)