Bloomberg News Senior Editor Chris Anstey joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss what the 'secret sauce' that's missing in the AI revolution. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Bloomberg News Senior Editor Chris Anstey joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss what the 'secret sauce' that's missing in the AI revolution. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Alphabet Inc. Google rattled global memory stocks after unveiling its TurboQuant AI algorithm, triggering a sharp sell-off amid fears that improved efficiency could dampen demand for memory chips. However, analysts pushed back on the bearish reaction, arguing the technology is more likely to expand AI use cases and ultimately drive higher long-term demand—framing the pullback as a potential "buy t...
Alphabet Inc. Google rattled global memory stocks after unveiling its TurboQuant AI algorithm, triggering a sharp sell-off amid fears that improved efficiency could dampen demand for memory chips. However, analysts pushed back on the bearish reaction, arguing the technology is more likely to expand AI use cases and ultimately drive higher long-term demand—framing the pullback as a potential "buy the dip" opportunity for investors. TurboQuant Triggers Sharp Sell-Off in Memory Stocks Google introd
Pontiff’s unusually pointed comments come after Pete Hegseth’s prayer for violence against enemies ‘who deserve no mercy’ Pope Leo has said God ignores the prayers of leaders who wage war and have “hands full of blood”, in an apparent rebuke to the Trump administration. The pontiff made the comments on Sunday as thousands of US troops arrived in the Middle East and days after the US defence secret...
Pontiff’s unusually pointed comments come after Pete Hegseth’s prayer for violence against enemies ‘who deserve no mercy’ Pope Leo has said God ignores the prayers of leaders who wage war and have “hands full of blood”, in an apparent rebuke to the Trump administration. The pontiff made the comments on Sunday as thousands of US troops arrived in the Middle East and days after the US defence secretary, Pete Hegseth , prayed for violence against enemies who deserved “no mercy”. Continue reading...
Subprime Crisis 2.0: Will Private Credit Be The Trigger? Via RealInvestmentAdvice.com, We have recently tackled the rising stress in the Private Credit markets. Here are a few of our previous warnings: Fitzpatrick: Soros CEO & CIO Warns of a Reckoning Private Credit Stress: Will The Fed Backstop Exuberance Again? – RIA Is Private Equity A Wolf In Sheep’s Clothing? After 30 years of watching credit...
Subprime Crisis 2.0: Will Private Credit Be The Trigger? Via RealInvestmentAdvice.com, We have recently tackled the rising stress in the Private Credit markets. Here are a few of our previous warnings: Fitzpatrick: Soros CEO & CIO Warns of a Reckoning Private Credit Stress: Will The Fed Backstop Exuberance Again? – RIA Is Private Equity A Wolf In Sheep’s Clothing? After 30 years of watching credit cycles expand, distort, and collapse, I’ve learned one reliable rule: “When enough people start drawing comparisons to 2008, it’s worth stopping to check whether the analogy holds up — or whether fear is doing the analytical work for them.” Right now, judging by the amount of commentary on social media, the stress in the private credit market has everyone’s attention. Most of the commentary being generated makes the immediate jump from private credit firms “gating” exits to the onset of the next subprime crisis in the financial system. Those claims are certainly alarming and generate many clicks and views, but the question is whether those claims are based on facts rather than opinions. Just recently, Goldman Sachs CEO David Solomon flagged the risk of private credit in his annual shareholder letter. Lloyd Blankfein, who piloted Goldman through the Global Financial Crisis, warned publicly that the financial system appears to be “inching toward another potential catastrophe.” Meanwhile, Goldman’s own research arm published a note concluding that private credit stress is “unlikely to generate large macroeconomic spillovers on its own.” So which is it? A repeat of the subprime crisis of 2008, or a painful but contained credit cycle? The honest answer most likely sits somewhere in between, and understanding exactly where private credit differs from subprime tells you a great deal about how worried you should actually be. Let’s revisit 2008. What Made The Subprime Crisis So Catastrophic It is hard to believe that we are rapidly approaching the 20-year anniversary of the “Great ...
Authorities in Vietnam have arrested more than 70 people, including government officials, accused of falsifying data from air and waste water monitors at power plants and other major emitters, state media said Sunday. The state-run People’s Police newspaper said police had identified “nearly 160 environmental monitoring stations that had been tampered with, altered and had their data falsified” – ...
Authorities in Vietnam have arrested more than 70 people, including government officials, accused of falsifying data from air and waste water monitors at power plants and other major emitters, state media said Sunday. The state-run People’s Police newspaper said police had identified “nearly 160 environmental monitoring stations that had been tampered with, altered and had their data falsified” – accounting for more than half of the total number of stations nationwide. Police arrested 74 people,...
Key PointsData centers located on orbital satellites could be powered by abundant solar energy and would not require resource-intensive cooling systems.
Key PointsData centers located on orbital satellites could be powered by abundant solar energy and would not require resource-intensive cooling systems.
Getty Images Introduction: Synopsys (NASDAQ: SNPS ) is a stock I think highly of, having previously assigned it a buy rating. Since my last coverage, the stock has simply put not delivered in terms of price performance. The stock found itself caught up in the recent market phenomenon known as SaaSpocalypse, or the disruption of all software vendors by AI for those unfamiliar with the term. The sha...
Getty Images Introduction: Synopsys (NASDAQ: SNPS ) is a stock I think highly of, having previously assigned it a buy rating. Since my last coverage, the stock has simply put not delivered in terms of price performance. The stock found itself caught up in the recent market phenomenon known as SaaSpocalypse, or the disruption of all software vendors by AI for those unfamiliar with the term. The shares look to be attractive based on historical valuation levels, and despite some lackluster execution of late by the company, investors got a boost this week with news that the renowned activist Elliott Investment Management had taken a multibillion-dollar stake in the company. This feels like a very good entry situation for me. On one hand you have a strong historical compounder that operates in a market with few competitors, secular growth, and pricing power. That compounder finds itself underperforming the market, partly because it was wrongly caught up in a software sell-off in the market. Add to the mix a very serious activist fund with a track record of getting results, and I think that sets the shares up to perform well from here. A bit of longer-term perspective is important to remember: SNPS has delivered close to a 700% total return over the past decade vs. just 290% for the S&P 500. I like SNPS, but I have to admit I expected more from the company in the past year. We are early in 2026, and I think it's shaping up to be far better than 2025. I am keeping my buy rating on SNPS. SaaSpocalypse: SaaSpocalypse, as it has been dubbed, relates to an aggressive sell-off in shares of software companies due to fears that AI would disrupt workflows and alter the economics of the software business model. This, I believe, is potentially true for some software vendors. I am thinking of discretionary, lightly integrated with core business functions, UI-driven software apps that are reliant on seat growth at the customer to continue to expand. These types of firms tend not to br...
Petron Corp. , the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging. “If the current crisis persists and alternative crude sources remain unavailable or insufficient, Petron may again be compelled to consider purchases of Russian...
Petron Corp. , the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging. “If the current crisis persists and alternative crude sources remain unavailable or insufficient, Petron may again be compelled to consider purchases of Russian crude oil to augment the national fuel supply,” parent San Miguel Corp. said in a statement to market regulators late on Friday. The crude will augment Petron’s inventory of petroleum products until June, San Miguel said, adding that the purchases were made “strictly out of extreme necessity.” On Feb. 28, the same day that the US and Israel launched a military campaign against Iran, Petron was advised that one shipment of 2 million barrels of crude did not gain safe passage at the Strait of Hormuz as Iran announced its closure. A second shipment of 2 million barrels of crude was also cancelled on March 7 due to the heightened risk in the Red Sea and Strait of Hormuz, San Miguel said. The Philippines, which sources nearly all of its oil requirements from the Middle East, is trying to find alternative sources to ease the supply crunch that has triggered an energy emergency declaration by the government. It’s also negotiating for fuel supply from Japan, China, South Korea and India. Manila has said it had 45 days worth of oil supplies as of March 20. Read More: Philippines Receives Russian Oil After US Sanctions Waiver The country is set to receive this week the first batch of diesel from its order of over 1 million barrels, Executive Secretary Ralph Recto said on Sunday, citing “oil diplomacy” efforts by officials led by Energy Secretary Sharon Garin . “From Indonesia also comes the ironclad guarantee of a steady supply of coal,” Recto added. Indonesia is the Philippines’ main supplier of coal which fuels more than half of its power grid. Budget carrier Cebu Air Inc. said it...
After after the US captured Venezuelan President Nicolas Maduro, Signum Global Advisors chairman and founder Charles Myers saw a potential investment opportunity for a country under new leadership. He joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss his trip to Venezuela and what came of his on-the-ground investigation. Watch the full interview on Bloomberg ...
After after the US captured Venezuelan President Nicolas Maduro, Signum Global Advisors chairman and founder Charles Myers saw a potential investment opportunity for a country under new leadership. He joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss his trip to Venezuela and what came of his on-the-ground investigation. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)