One of Britain’s most notorious child killers, Ian Huntley, has died following an attack in prison where he was serving a life sentence, police said. Huntley murdered 10-year-old girls Holly Wells and Jessica Chapman in eastern England in 2002, in a case that horrified the country. Fifty-two-year-old Huntley suffered serious injuries when he was assaulted at Frankland maximum security prison in th...
One of Britain’s most notorious child killers, Ian Huntley, has died following an attack in prison where he was serving a life sentence, police said. Huntley murdered 10-year-old girls Holly Wells and Jessica Chapman in eastern England in 2002, in a case that horrified the country. Fifty-two-year-old Huntley suffered serious injuries when he was assaulted at Frankland maximum security prison in the north-eastern city of Durham on February 26. Advertisement He “died in hospital this morning”, a spokesperson for the local police force said in a statement on Saturday. A spokesperson for the government’s justice ministry said the double murder of Holly and Jessica “remains one of the most shocking and devastating cases in our nation’s history, and our thoughts are with their families”. Advertisement Huntley killed the two best friends after they left a family barbecue to buy sweets in the village of Soham, Cambridgeshire, on August 4, 2002. Their disappearance sparked a massive search involving hundreds of police officers and appeals for help.
Anthropic’s ongoing fight with the Department of Defense over what safety restrictions it can put on its artificial intelligence models has captivated the tech industry, acting as a test of how AI may be used in war and the government’s power to coerce companies to meet its demands. The negotiations have revolved around Anthropic’s refusal to allow the federal government to use its Claude AI for d...
Anthropic’s ongoing fight with the Department of Defense over what safety restrictions it can put on its artificial intelligence models has captivated the tech industry, acting as a test of how AI may be used in war and the government’s power to coerce companies to meet its demands. The negotiations have revolved around Anthropic’s refusal to allow the federal government to use its Claude AI for domestic mass surveillance or autonomous weapons systems, but the dispute also reflects the messy nature of what happens when tech companies have their products integrated into conflict. The Pentagon this week declared Anthropic a supply chain risk for its refusal to agree to the government’s terms, while Anthropic has vowed to challenge the designation in court. The Guardian spoke with Sarah Kreps, a professor and director of the Tech Policy Institute at Cornell University who previously served in the United States air force, about how the feud has played out. You’ve worked for a while on problems around “dual use technology”. What happens when there’s a consumer technology that also gets used for classified or military purposes? I’ve thought about this a lot because I was in the military and I was on the side of the military that was developing and acquiring new technologies. We were always getting criticism about why it was taking so long, and now watching what’s happening I realize why it takes so long. What you would develop for classified and military contexts is very different from what Anthropic has developed for when I use Claude. The challenge for the military is that these technologies are so useful they can’t wait until a military grade version is available. They need to act quickly because of how valuable these tools are, but it’s not surprising that they ran into cultural differences between not just an AI platform and the military, but an AI platform that has tried to cultivate a reputation as being more safety conscious. One element in this feud is that Anthr...
California’s superintendent is calling for the return of a hearing-impaired six-year-old after he, his mother and his five-year-old sibling were detained on Tuesday while reporting for their check-in at an ICE office in San Francisco and deported to Colombia. Lesly Rodriguez Gutierrez and her sons were arrested during their visit to ICE’s Intensive Supervision Appearance Program (Isap), said Alame...
California’s superintendent is calling for the return of a hearing-impaired six-year-old after he, his mother and his five-year-old sibling were detained on Tuesday while reporting for their check-in at an ICE office in San Francisco and deported to Colombia. Lesly Rodriguez Gutierrez and her sons were arrested during their visit to ICE’s Intensive Supervision Appearance Program (Isap), said Alameda County Immigration Legal and Education Partnership (ACILEP). A relative who was waiting outside for Gutierrez and her sons was unable to hand off the assistive devices necessary for the six-year-old, who is deaf and has a cochlear implant. “No child should be ripped from their home community and hidden in a detention center, especially not a Deaf child who is being deprived of the ability to communicate and understand what is happening to him,” Tony Thurmond, the California superintendent of public instruction, said in a statement on Friday. “I am calling on the federal government to return our student to his school community now. These inhumane and illegal attacks on our families must end.” “They had strong humanitarian reasons why they should not be deported and they should have had their safeguards,” said Nikolas De Bremaeker, managing attorney for ACILEP. “Regardless of the status around deportation, humanity should stop them from sending a six-year-old into a life-threatening situation.” Immigration attorneys say they and Gutierrez’s family were given the runaround by ICE as they tried to file habeas petitions to contest the deportation. Family members said ICE first told them Gutierrez and her children were bound for a detention center in Louisiana, De Bremaeker said. Then they were told that they would be bound for Phoenix, Arizona, before going to Washington state, according to the lawyer. “It very much feels intentional,” De Bremaeker said of the lack of information. “And it’s chaotic and irresponsible at best and intentional and deceptive at worst.” ICE did not...
The attorney general faces a subpoena over the Epstein files. She won’t say much – but Democrats are calling for her ouster After spending $220m of taxpayer money on an advertising campaign in which she demanded migrants self-deport, Kristi Noem is now being forced to make a hasty exit of her own. On Thursday, Donald Trump announced that his luxury-jet-loving homeland security secretary was being ...
The attorney general faces a subpoena over the Epstein files. She won’t say much – but Democrats are calling for her ouster After spending $220m of taxpayer money on an advertising campaign in which she demanded migrants self-deport, Kristi Noem is now being forced to make a hasty exit of her own. On Thursday, Donald Trump announced that his luxury-jet-loving homeland security secretary was being shipped off to become special envoy for “the Shield of the Americas”, a new “security” summit that Trump has dreamed up. Markwayne Mullin , a former mixed-martial artist and Republican senator, will replace her. Noem’s ouster was a long time coming. But it’s worth stressing that she doesn’t seem to have lost her job because of the many controversies that have plagued her tenure, including the killing of two US citizens by immigration agents. Rather, she committed the cardinal sin of making Trump look stupid. Which, to be fair, isn’t hard. Arwa Mahdawi is a Guardian columnist Continue reading...
View image in fullscreen Composite: Rita Liu/The Guardian/Getty Images/Alex Molina Jesús usually came home from school to a raucous scene: the family TV blaring, his mom loudly cooking dinner and his two young sisters fighting about nothing in particular. When his dad came home from work, they’d all gather around the kitchen table for dinner. But this day was different. Everything was “eerie and q...
View image in fullscreen Composite: Rita Liu/The Guardian/Getty Images/Alex Molina Jesús usually came home from school to a raucous scene: the family TV blaring, his mom loudly cooking dinner and his two young sisters fighting about nothing in particular. When his dad came home from work, they’d all gather around the kitchen table for dinner. But this day was different. Everything was “eerie and quiet and dark”, he recalled. All of the lights in the home were off. The television was silent. The door to his parents’ bedroom was closed. When Jesús knocked, his mother didn’t answer. “I remember walking into my sister’s room and asking what was going on,” said Jesús, who is only using his first name for safety reasons. “And she said, ‘I don’t know. Something’s not right. Dad didn’t come home.’” The Guardian recently spoke to three adults in their 20s, 30s and 40s who lost a parent to deportation when they were children. We hoped to better understand the long-term consequences of family separations and to provide insight into the challenges likely to face young people whose parents are now being ripped away during Donald Trump’s second term. For Jesús and others, there were devastating and wide-ranging emotional, physical and financial impacts that came with their parents’ deportations, and some felt the psychological consequences well into adulthood. ‘What just happened to my family?’ Now a Deferred Action for Childhood Arrivals (Daca) recipient in his 40s and living on the west coast, Jesús can still clearly remember the day he learned his father was unexpectedly taken into custody at his immigration court hearing. It was in 1999, under the Clinton administration – before there was even a Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE). Fifteen at the time, Jesús knew he and his family were from Mexico, but he was unaware that he came from a mixed-status family, that he was undocumented or that immigrant families such as his could be...
Chinese President Xi Jinping has again sought to shore up the military’s ideological defences, demanding absolute loyalty to the Communist Party from all ranks, just weeks after the country’s top general came under investigation for corruption. “There must be no room within the military for those harbouring disloyalty towards the party, nor any shelter for corrupt individuals ,” Xi told a meeting ...
Chinese President Xi Jinping has again sought to shore up the military’s ideological defences, demanding absolute loyalty to the Communist Party from all ranks, just weeks after the country’s top general came under investigation for corruption. “There must be no room within the military for those harbouring disloyalty towards the party, nor any shelter for corrupt individuals ,” Xi told a meeting of military and armed police lawmakers on the sidelines of the National People’s Congress (NPC) on Saturday. “The fight against corruption must be resolutely advanced” and the party’s leadership over the military must be “comprehensively strengthened”, Xi told the NPC deputies, according to state news agency Xinhua. Advertisement Xi, who heads the Central Military Commission (CMC), the military’s top decision-making body, told the delegates that since 2012 the party had deepened “political rectification” within the armed forces with “unprecedented resolve and intensity” and had achieved “significant results”. Political rectification largely refers to anti-corruption efforts, which have swept across the country in the past decade, claiming a slew of top generals and defence industry bosses in the past few years alone. Advertisement Those downfalls were reflected in the lower number of NPC deputies from the armed forces, a delegation that has shrunk from 281 members in 2023 to 243 this year.
Tesla (TSLA) certainly remains one of the most debated stocks on Wall Street, with investors frequently split over the company’s future value. While Tesla built its reputation as a pioneer in electric vehicles (EVs), CEO Elon Musk has increasingly been pitching a much bigger vision to investors. In Musk’s view, Tesla is evolving beyond a traditional automaker into an artificial intelligence (AI)-d...
Tesla (TSLA) certainly remains one of the most debated stocks on Wall Street, with investors frequently split over the company’s future value. While Tesla built its reputation as a pioneer in electric vehicles (EVs), CEO Elon Musk has increasingly been pitching a much bigger vision to investors. In Musk’s view, Tesla is evolving beyond a traditional automaker into an artificial intelligence (AI)-driven technology company focused on robotaxis, autonomy, and robotics. As a result, many investors are beginning to value the company less as an EV manufacturer and more as a potential leader in the next wave of AI-powered mobility. And that shifting narrative is exactly why Bank of America has once again turned bullish on Tesla. The investment firm recently reinstated coverage of the stock with a “Buy” rating and a $460 price target, describing Tesla as the current leader in consumer autonomy. According to analyst Alexander Perry, Tesla’s ability to scale its technology efficiently could allow it to dominate the emerging robotaxi market. The analyst noted that autonomous vehicles could spark the next major transformation in transportation, positioning Tesla as a key catalyst in what he calls the “Auto 2.0” era, offering consumers safer travel, time savings, and more accessible transportation. So, with that bullish outlook in mind, should investors scoop up TSLA stock now? About Tesla Stock Founded in 2003, Tesla has grown from a niche EV startup into one of the most closely watched companies in the global market. Headquartered in Austin, Texas, Tesla has built a reputation for disrupting the automotive industry with its lineup of EVs, battery technologies, and energy solutions. But Tesla’s story is no longer just about electric cars. In recent years, the company has been positioning itself as a technology powerhouse, investing heavily in AI, autonomous driving, robotics, and robotaxi services. In essence, the company is attempting to shed its identity as merely a car manuf...
stitched photography/iStock via Getty Images As I'm writing this piece in the pre-market session of March 6, it all points out that the three major U.S. benchmarks, the S&P 500, Nasdaq 100, and Dow 30, will be finishing the week in the red. Interestingly enough, all three are also down over the past month and the past three months. While I agree with the consensus that the conflict in the Middle E...
stitched photography/iStock via Getty Images As I'm writing this piece in the pre-market session of March 6, it all points out that the three major U.S. benchmarks, the S&P 500, Nasdaq 100, and Dow 30, will be finishing the week in the red. Interestingly enough, all three are also down over the past month and the past three months. While I agree with the consensus that the conflict in the Middle East dominated the pressures this week, I argue that the market's weakness was already building up prior to the start of Operation Epic Fury on February 28. In fact, I have been aggressively moving to cash since mid January, and I recently initiated a (highly) speculative short position, betting on a 10% correction in the markets in the first half of the year. In this piece, I review the tape this week, and I discuss my thoughts on what to monitor in the next weeks, beyond the war in Iran. To be clear, I reiterate that, by the end of the year, any near-term correction will be just noise. Fundamentals are strong enough to support a continuation of the bull run once sentiment revives, likely in the back half of the year. The Market Tape Let's start with benchmarks. Last week, the S&P 500, the Nasdaq 100, and the Dow were down, as noted by the proxy ETFs that mirror these indices. Guidance Terminal | Snapshot as of March 6, pre-market This time, investors used the Iran war as the excuse to head for the exit. I already discussed my thoughts on this war in this piece. Long story short, I expect a near-term correction in the S&P 500 of approximately 10% in the first half of the year (which I'm betting on with put options), followed by a V-shaped recovery as retail and the Street buy the dip. What! Why would they buy the dip? First, fundamentals (especially in AI-exposed stocks) are mostly intact, as evidenced by Nvidia's earnings last week and, more recently, Broadcom's and Marvel's strong guidance. The latest FactSet report shows strong sequential earnings growth in tech, communi...
JHVEPhoto/iStock Editorial via Getty Images Adobe: Gloomy Sentiments Continue To Wreak Havoc It has been a really eventful week for software investors. February was a really rough month for SaaS, as we dealt with tremendous volatility, even though, if you look at Adobe Inc.'s ( ADBE ) price action, suffice it to say, I believe much of the damage had really been done in the weeks or months before t...
JHVEPhoto/iStock Editorial via Getty Images Adobe: Gloomy Sentiments Continue To Wreak Havoc It has been a really eventful week for software investors. February was a really rough month for SaaS, as we dealt with tremendous volatility, even though, if you look at Adobe Inc.'s ( ADBE ) price action, suffice it to say, I believe much of the damage had really been done in the weeks or months before that. ADBE used to trade at a significant premium against SaaS peers, but now it's almost unrecognizable, as if the market is pricing ADBE for substantive disruption, even though, if you look at the forward estimates for the company, Wall Street isn't convinced that the company is due for imminent destruction at the hands of its generative AI. I believe it's critical for us to take a step back and reconsider why the market has decided to batter ADBE's forward earnings multiple to such a dismal level of just over 12x. I think Adobe deserves sympathy. After all, consider that technology stocks are trading at a median valuation multiple of 22x. And then we have the software companies at 24x. Yet Adobe is at, 12x? Seriously? Adobe is not your fly-by-night company, right? It has built such a robust moat over the years as the premier subscription software company for design professionals around the world, hasn't it? Therefore, it just doesn't really make sense to me that the market has decided to value it if it will be immediately disrupted by tomorrow, so it seems. With that in mind, I think there's no need for me to further emphasize that unless you believe that Adobe's offerings don't justify its valuation even at such a battered level. Which is why it has intrigued me enough to want to find out more and investigate whether such a narrative is truly justified. Adobe Is Now A Show-Me Story If you can recall, it really wasn't too long ago that the company decided to terminate its huge $20B M&A deal with Figma ( FIG ) due to intense regulatory concerns that you will shake the comp...
is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. The woman at the door wore a plush lobster headdress. She sat in the front hallway of a multistory event venue in Manhattan, beside a bundle of wristbands. If she granted you one, the world of ClawCon beckoned behind her — full of ...
is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. The woman at the door wore a plush lobster headdress. She sat in the front hallway of a multistory event venue in Manhattan, beside a bundle of wristbands. If she granted you one, the world of ClawCon beckoned behind her — full of vibey pink and purple lighting, lobster claw headbands, multicolored name tags, sponsor information stations, and a demo stage underneath a skylight. Hundreds of people were gathered to celebrate OpenClaw, the AI assistant platform created by Peter Steinberger in November 2025. OpenClaw (previously known as Clawdbot and Moltbolt) has quickly become popular in the tech industry for being open-source, in contrast with AI agent services from big labs like Google, OpenAI, and others. Practically, it’s still an unpredictable tool that can pose major security risks. But this community sees it as a grassroots crusade and a noble pursuit, offering an escape hatch from an industry controlled by a handful of people at leading AI companies. “AI was controlled by the big labs,” Michael Galpert, one of the event’s hosts, told The Verge. “This is kind of a watershed moment where Peter kind of busted down the doors.” More than 1,300 people had signed up for the Wednesday evening event at Ideal Glass Studios, which was billed as a free-to-attend, meetup-style “social-first gathering — not a gated, developer-only conference or a traditional corporate trade show.” (The number of actual attendees, I hear, was capped at about 700.) The event was part of a “tour” of global meetups — following a similar San Francisco event last month and preceding ones in Miami, Austin, Tel Aviv, Tokyo, Madrid, and more. Its budget seemed modest, but the organizers had spared no expense on a buffet table worthy of a wedding, piled high with on-theme lobster claws, lemons, Tabasco sauce, charcuterie boards, clust...
There are a lot of games that try to emulate The Legend of Zelda, but few that manage to capture that spirit in such a small, concise package as Ratcheteer DX. The postapocalyptic game only takes a few hours to complete, but over that span it nails the classic Zelda vibe almost perfectly, offering a real sense of adventure along with the satisfaction of figuring things out on your own. The game is...
There are a lot of games that try to emulate The Legend of Zelda, but few that manage to capture that spirit in such a small, concise package as Ratcheteer DX. The postapocalyptic game only takes a few hours to complete, but over that span it nails the classic Zelda vibe almost perfectly, offering a real sense of adventure along with the satisfaction of figuring things out on your own. The game is set in a bleak future when most of humanity is hibernating beneath the Earth’s surface in order to wait out an ice age. To keep things going, mechanics are awakened every so often to perform maintenance on all of the machinery that keeps everyone alive. But when your character wakes up, basically everything has gone wrong: facilities like the power plant and water treatment facility have broken down, and your mentor has gone missing. Fixing all of that involves navigating plentiful obstacles both below and above the surface. When I say Ratcheteer DX is like Zelda, I mean old-school, NES or Game Boy-era Zelda. It’s a top-down game made up of chunky pixels, and you’re given very little information on what to do or how to do it. Things have been streamlined a bit, but the focus is really on figuring out how to solve problems and make your way through the world. To do this, you’ll slowly get your hands on new items, which can dramatically change how the game plays. You start out with a simple lantern, which lights the gloom and can be used to power certain machinery (and annoy certain enemies), but eventually you’ll get a wrench that serves as a weapon, the ability to jump, and more. Each unassuming item opens the game up in new ways, either making you more powerful or opening up pathways or, in some instances, both. Related Pipistrello and the Cursed Yoyo would feel right at home on your GBA I never felt too lost or frustrated, but Ratcheteer DX is also challenging enough that it still felt satisfying when I made my way through a dungeon or a labyrinth of caves to find my nex...
After opening a “Trump account” to receive any “free” money you’re eligible for, personal-finance experts say parents may be better off directing their own dollars toward other account types for kids.
After opening a “Trump account” to receive any “free” money you’re eligible for, personal-finance experts say parents may be better off directing their own dollars toward other account types for kids.
In times of economic uncertainty and market volatility -- like the present moment -- it's wise to look for stocks of companies with substantial cash reserves. That's because those companies will have the flexibility to deal with economic downturns, pay their bills and dividends, and even buy out struggling competitors. Indeed, the total amount of cash a business has access to can be a measure of i...
In times of economic uncertainty and market volatility -- like the present moment -- it's wise to look for stocks of companies with substantial cash reserves. That's because those companies will have the flexibility to deal with economic downturns, pay their bills and dividends, and even buy out struggling competitors. Indeed, the total amount of cash a business has access to can be a measure of its financial health. So it's good to know which companies have the most cash on hand. Right now, the 50 largest cash piles total more than $3.1 trillion, according to TradingView. And financials, consumer discretionary, and tech stocks hold 75% of that $3.1 trillion. Note that cash on hand generally includes physical currency, bank deposits, and highly liquid short-term securities with maturities of three months or less, like Treasury bills and money market funds. It may not surprise you which U.S. company has the most cash on hand. It's Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) , of course, the giant holding company that Warren Buffett built over decades. It owns some 60 companies outright and has stakes in scores of others. Berkshire currently holds about $373 billion in cash and cash equivalents. Continue reading
Apple (NASDAQ: AAPL) has produced outstanding returns over the past 20 years. And through much of this period, the company relied on its popular devices, most notably the iPhone, to drive sales growth. However, the tech leader's strategy moving forward will likely be a bit different: Apple will rely increasingly more on its services segment. This isn't new information. Apple's push into services h...
Apple (NASDAQ: AAPL) has produced outstanding returns over the past 20 years. And through much of this period, the company relied on its popular devices, most notably the iPhone, to drive sales growth. However, the tech leader's strategy moving forward will likely be a bit different: Apple will rely increasingly more on its services segment. This isn't new information. Apple's push into services has been ongoing for years. And the company's most recent product announcements gave us more insight into part of the company's strategy. Image source: Getty Images. Apple has historically used its strong brand name and pricing power to charge premium prices for its products, even for base models. Chip upgrades or devices that came with more memory or other added features often -- though not always -- cost more. Apple's latest product lineup doesn't exactly follow that pattern. The tech leader 's new lineup features a budget-friendly iPhone 17e, for instance, whose starting price is $599. This cheaper "e" series isn't new. Apple released the iPhone 16e last year. However, the latter had the same starting price despite half the storage capacity and a less powerful chip. Continue reading
Circle Internet Group Inc. and Stripe Inc. are racing to build payments systems for a world that doesn’t exist yet — one where autonomous AI agents transact millions of times a day, settling in stablecoins instead of swiping credit cards. Two weeks ago, a Citrini Research scenario imagining AI agents routing around card network fees sent Visa Inc. , Mastercard Inc. and American Express Co. shares ...
Circle Internet Group Inc. and Stripe Inc. are racing to build payments systems for a world that doesn’t exist yet — one where autonomous AI agents transact millions of times a day, settling in stablecoins instead of swiping credit cards. Two weeks ago, a Citrini Research scenario imagining AI agents routing around card network fees sent Visa Inc. , Mastercard Inc. and American Express Co. shares tumbling as much as 5% in a single session. The selloff faded. The disruption thesis didn’t. Instead, the idea migrated from a speculative Substack post into earnings calls, and accelerated enthusiasm around product launches and blockchain buildouts. On its Feb. 25 earnings call, Circle Chief Executive Officer Jeremy Allaire argued that stablecoins could become the native currency of machine-to-machine commerce. “We’re building a new internet financial system, and I think we’re very optimistic that Circle can play a really key role in this convergence between AI and stablecoins and blockchain,” Allaire said. The stablecoin industry is now positioning agentic payments, high-frequency, low-value transactions between software agents, as a use case to justify the entire infrastructure buildout. Investors have piled into both companies, though not solely for the agentic vision. Circle shares surged after a blowout earnings report, and Stripe recently notched a $159 billion valuation driven by $1.9 trillion in payment volume. The agentic bet is layered on top of businesses already growing without it. Stripe Hits $159 Billion Valuation as Payment Volume Soars The pitch for stablecoins has always been cross-border, faster and cheaper than legacy rails. Domestically, the case is harder to make. Agentic payments offer a way around that problem: a use case where the technology’s advantages over cards aren’t incremental but structural. That gap has left the industry searching for its next growth narrative, and AI agents are fast becoming a key part of that story. In a separate intervie...
Getty Images In my opinion, Wall Street consensus is currently mispricing the Artificial General Intelligence [AGI] revolution by treating it as a software and silicon scaling. What I see mostly in this is an ontological failure . To answer why? As the market enters 2026, the AGI build-out has fastly shifted into a thermodynamic and electrical physics asymptote. The market is assuming infinite com...
Getty Images In my opinion, Wall Street consensus is currently mispricing the Artificial General Intelligence [AGI] revolution by treating it as a software and silicon scaling. What I see mostly in this is an ontological failure . To answer why? As the market enters 2026, the AGI build-out has fastly shifted into a thermodynamic and electrical physics asymptote. The market is assuming infinite compute elasticity, as I see Eaton's proprietary U.S. Dodge data center tracking that indicates a terminal physical bottleneck. The U.S. data center construction backlog is now at 206 Gigawatts [GWs] that indicates an 11-year duration at 2025 build rates. But the industry technically cannot deploy 206 GWs of accelerated compute using legacy 480-volt AC architectures and traditional cooling without going beyond issues of entropy and grid capacity. The theme for the Picks is the Arbitrage of AI Energy Physics. To capitalize on the next decade of AGI shift, smart bulls should rotate from the silicon layer (my perspective) into the Top 3 stocks for AI Energy Alpha: Base-Load Generation (CEG stock), Voltage−Step Topology (ETN stock), and Entropy Management (VRT stock). Ycharts Constellation Energy Corporation Stock ( CEG ) The main catalyst for Constellation Energy stock is the $22 billion Calpine acquisition and exclusive edge on generation. AGI training clusters are intolerant of grid intermittency. Meaning they need a 100% capacity factor. Constellation Energy, post the $22 billion acquisition of Calpine (January 2026) , has changed into an irreplicable 55 GW energy apex asset (the largest private-sector power producer). I am focusing on the pricing-in of the volumetric synergy of this merger into CEG stock. By combining a 22 GW nuclear fleet operating at a 94.7% capacity factor + Calpine’s 23 GWs of dispatchable natural gas + geothermal (730 MW Geysers) + 800 MWs of battery storage, Constellation Energy has built a moat for hyperscaler Power Purchase Agreements [PPAs]. Moreso, ...
Key Points A number of stocks sank after a dystopian's post of AI went viral. The think piece looks like it was a short report in disguise. The best way for investors to deal with reports like this is to invest in an index ETF as a core holding and use a dollar-cost-averaging strategy. 10 stocks we like better than Vanguard S&P 500 ETF › In a sign of just how crazy a start to 2026, a viral Substac...
Key Points A number of stocks sank after a dystopian's post of AI went viral. The think piece looks like it was a short report in disguise. The best way for investors to deal with reports like this is to invest in an index ETF as a core holding and use a dollar-cost-averaging strategy. 10 stocks we like better than Vanguard S&P 500 ETF › In a sign of just how crazy a start to 2026, a viral Substack post got picked up by majorfinancial newsoutlets, including Bloomberg, and managed to sink several high-profile stocks. The beaten-down software-as-a-service (SaaS) sector took a hit, as did the big payment networks, like Visa and Mastercard, and gig-economy stocks like DoorDash and Uber. The post, titled "The 2028 Global Intelligence Crisis," was basically a hypothetical look into the future of how artificial intelligence (AI) could negatively impact different businesses. Its theory was that AI could create a doom loop in which white-collar workers would lose their jobs and wages would sink, leading to less consumption, which would in turn push companies to rely more on AI, creating a vicious cycle. It postulates that unemployment would spike to above 10% and that the S&P 500 would plunge 38%. SaaS companies would be the first victims, essentially causing their own demise. This would then extend into other areas as AI agents would remove barriers to entry. 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 » It's more nuanced though Now, while the article has been debated and seen a lot of pushback, I think one of the most interesting things is its origin. The essay was written by Citrini Research, which is run by James van Geelen. He has become one of the top financial writers on Substack despite his most relevant job experience appearing to be an EMT and founding an alternative medicine business. However,...
Builders FirstSource emerged as one of the most oversold stocks this week as traders grappled with war in Iran and a sharp surge in oil prices. The major averages fell this week, weighed down by escalating tensions in the Middle East, U.S. crude oil prices that topped $90 a barrel and a February jobs report that surprised economists to the downside. The market turmoil pulled the Dow Jones Industri...
Builders FirstSource emerged as one of the most oversold stocks this week as traders grappled with war in Iran and a sharp surge in oil prices. The major averages fell this week, weighed down by escalating tensions in the Middle East, U.S. crude oil prices that topped $90 a barrel and a February jobs report that surprised economists to the downside. The market turmoil pulled the Dow Jones Industrial Average down 3% on the week, while the S & P 500 lost 2%. Certain stocks seemed to be more swept up in the broad market's sell-off than others. CNBC Pro used its stock screener tool to identify these names based on their 14-day relative strength index, or RSI. Stocks with a 14-day RSI below 30 are considered oversold, meaning that a rebound may be on the horizon. Conversely, a reading above 70 indicates that a stock is overbought and could be due for a potential pullback. The following table shows this week's most oversold names. Builders FirstSource dropped nearly 11% on the week, ending up with an RSI reading of 22. Shares of the building materials company fell alongside the iShares U.S. Home Construction ETF (ITB) , which tumbled more than 8% week to date. Despite the recent action, RBC Capital Markets upgraded Builders FirstSource to outperform from sector perform on Thursday, pointing to an attractive valuation after a pullback in the stock. "Playing in the trough, margins more defensible than feared," wrote analyst Mike Dahl. Manufacturer of scales Mettler-Toledo International was the most oversold stock this week, with an RSI of 18. Shares were off more than 11% on the week. Last month, Mettler-Toledo guided for its first-quarter earnings to come in between $8.60 to $8.75 per share, while analysts polled by FactSet had expected $9.01 per share. However, Mettler-Toledo reported a fourth-quarter adjusted earnings and revenue beat, and lifted its adjusted earnings guidance for the fiscal year from its previous forecast. On the other hand, stocks in overbought territo...
Kuwait, OPEC’s fifth-biggest producer, said it has reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz. The output cuts are precautionary, and follows the “ongoing aggression by the Islamic Republic of Iran against the state of Kuwait, including Iranian threats against safe passage of ships through the Strait of Hormuz,” Kuwait Petroleum Corp...
Kuwait, OPEC’s fifth-biggest producer, said it has reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz. The output cuts are precautionary, and follows the “ongoing aggression by the Islamic Republic of Iran against the state of Kuwait, including Iranian threats against safe passage of ships through the Strait of Hormuz,” Kuwait Petroleum Corp. said in a statement. The reductions add to the list of energy supply cuts through the Persian Gulf nations. Iraq started holding back oil production earlier this week as the near-halt of shipments through Hormuz started filling up storage tanks, while Saudi Arabia shut its biggest refinery and Qatar closed the world’s largest liquefied natural gas export project after drone attacks.
arlutz73/iStock Editorial via Getty Images The U.S. Food and Drug Administration (FDA) has approved a label expansion for Bristol Myers Squibb’s ( BMY ) tyrosine kinase inhibitor Sotyktu for adults with psoriatic arthritis, an inflammatory condition characterized by musculoskeletal and skin manifestations. The decision is supported by data from the company’s pivotal POETYK PsA-1 and POETYK PsA-2 t...
arlutz73/iStock Editorial via Getty Images The U.S. Food and Drug Administration (FDA) has approved a label expansion for Bristol Myers Squibb’s ( BMY ) tyrosine kinase inhibitor Sotyktu for adults with psoriatic arthritis, an inflammatory condition characterized by musculoskeletal and skin manifestations. The decision is supported by data from the company’s pivotal POETYK PsA-1 and POETYK PsA-2 trials, which indicated that the once-daily oral therapy significantly cut the disease burden in adults with PsA. In 2022, the FDA initially approved Sotyktu as a treatment for adults with plaque psoriasis, an autoimmune disease marked by skin manifestations. Since then, multiple regulatory agencies have approved the drug for that indication. Sotyktu, designed to target tyrosine kinase 2 inhibitor selectively, is the first TYK2 inhibitor to receive FDA approval for PsA, Bristol Myers ( BMY ) said in a statement late Friday. More on Bristol-Myers Squibb Company Bristol-Myers Squibb Company (BMY) Presents at TD Cowen 46th Annual Health Care Conference Transcript Bristol-Myers: I'm Buying Post Earnings Bristol-Myers Squibb: Oncology Franchise Remains A Core Strength Bristol Myers, SystImmune post late-stage trial win for breast cancer drug Bristol Myers a new sector perform at RBC Capital Markets
Goldman Sachs recently named several stocks the Wall Street colossus believes are a must-own as market fears rise. The investment bank said that investors should buy the dip in companies like Nvidia. Other stocks rated buy at Goldman and screened by CNBC Pro include: Ross Stores, Viking Holdings, Once Upon a Farm and Dutch Bros. Dutch Bros. The coffee chain is firing on all cylinders, Goldman wrot...
Goldman Sachs recently named several stocks the Wall Street colossus believes are a must-own as market fears rise. The investment bank said that investors should buy the dip in companies like Nvidia. Other stocks rated buy at Goldman and screened by CNBC Pro include: Ross Stores, Viking Holdings, Once Upon a Farm and Dutch Bros. Dutch Bros. The coffee chain is firing on all cylinders, Goldman wrote recently Analyst Christine Cho upgraded Dutch Bros. earlier this week to buy from neutral, saying investors should take advantage of its latest decline. "We see the recent pullback as an attractive entry into the best-in-class growth story in all of [[the] U.S. Restaurant space, driven by solid [same-store sales growth] and strong unit economics supporting mid-teens store growth," she said. Cho also called Dutch Bros a "leader" in customized energy drinks, and said there's plenty of room for future growth. The stock is down 16% in 2026. Read more. Once Upon a Farm Analyst Leah Jordan initiated research coverage of the children's food maker with a buy rating earlier this week, saying it's well-positioned for growth. Goldman served as Once Upon a Farm's joint lead bookrunning manager for its February initial public offering. The investment bank said Once Upon a Farm has "strong brand power" and a "defensible market position." In addition, the company's products are part of an up and coming trend towards "better-for-you consumption," she said. Jordan also praised Once Upon a Farm management, writing that it has a robust brand strategy. "Underscoring this brand strength, we note the company is the leader of dollar growth in the categories it participates in, while we believe the company has solid pricing power given low elasticity to prior price increases," she continued. Viking Holdings Buy shares of the luxury cruise company, analyst Lizzie Dove said after the company's earnings report last week. Viking reported a strong quarter with more upside to come, Goldman wrote. Dove...
Bitcoin miner-turned-AI cloud operator IREN (NASDAQ:IREN) shocked investors this week with a stunning announcement: it expanded its at-the-market (ATM) equity offering program to a whopping $6 billion — roughly half its current market capitalization. The news sent shares tumbling 8.5% in a single session as dilution fears gripped the market. While the dilution won’t hit ... IREN’s $6 Billion Stock...
Bitcoin miner-turned-AI cloud operator IREN (NASDAQ:IREN) shocked investors this week with a stunning announcement: it expanded its at-the-market (ATM) equity offering program to a whopping $6 billion — roughly half its current market capitalization. The news sent shares tumbling 8.5% in a single session as dilution fears gripped the market. While the dilution won’t hit ... IREN’s $6 Billion Stock Offering: Is This AMC Entertainment 2.0 for the AI Era?