Iranian Parliament Speaker, Mohammad Bagher Ghalibaf, speaks with the media in a media conference at a conference hall in the Iranian Parliament building in Tehran, Iran, on Dec. 2, 2025. Morteza Nikoubazl | Nurphoto | Getty Images Iran's top negotiator, Parliament Speaker Mohammad Baqer Qalibaf, told Pakistani army chief Asim Munir during talks in Tehran on Saturday that the U.S. was not an honest party in negotiations to end their war and Iran would not compromise on its national rights, state television reported. A regional mediation push led by Pakistan aims to narrow differences between Iran and the U.S. after weeks of war that have left the vital waterway of the Strait of Hormuz closed to most shipping despite a nervous ceasefire, upending global energy markets . Iranian state media reported that Munir had also met President Masoud Pezeshkian in the presence of Foreign Minister Abbas Araqchi, with whom he had two meetings, before flying out. The talks reportedly centered on a 14-point document proposed by Iran, which it considers the main framework for the discussions, and messages exchanged between the two sides. Qalibaf said Iran would pursue its "legitimate rights", both on the battlefield and through diplomacy, but added that it could not trust "a party that has no honesty at all", an allegation Iran has made several times before. He said Iran's armed forces had rebuilt their capabilities during the ceasefire and that, if the United States "foolishly restarts the war", the consequences would be "more forceful and bitter" than at the start of the conflict. Secretary of State Marco Rubio said on Friday that the United States has seen some progress towards a deal but that more work was required, while Iran's foreign ministry said the differences remained deep and significant. Despite weeks of conflict, Iran has preserved its stockpile of near-weapons-grade enriched uranium as well as missile, drone and proxy capabilities that the United States and Israel say ...

A buzzard soars above wildflower meadows glinting with buttercups, as a giant construction vehicle whirs across a concrete pad where a new Tesco and a market hall are under construction. The development could be seen as a vote of confidence in a great British tradition. The Prince of Wales this week cured his hangover after Aston Villa’s Europa League win by checking out building work on what could be the UK’s newest high street, in Nansledan, Cornwall. Prince William’s father, King Charles, kicked off the project’s construction in 2014, in a suburb on the edge of Newquay, on the north coast of the county, renowned as the home of British surfing. Inspired by the trendy rejuvenation of market halls into dining destinations packed with independent startups, notably one in Altrincham, Great Manchester, the project has been carefully designed as space for small businesses to thrive alongside more affordable services such as the Tesco store. Against the backdrop of a decades-long debate over the future of Britain’s high streets, Nansledan might be seen to offer an inspiring new model – but there are concerns that it could damage the ageing shopping street in the centre of nearby Newquay. The candy-coloured homes may look a bit twee – “It’s a bit like The Truman Show,” whispers one Newquay resident and regular visitor to Nansledan – but the development includes affordable homes, which make up 30% of the new housing, from shared ownership to more than 100 much-needed low-cost rentals. View image in fullscreen Kate Attlee, owner of Sabzi deli in Nansledan. Photograph: Jonny Weeks/The Guardian The prince’s visit this week came days after he confirmed plans to sell 20% of the Duchy of Cornwall’s property over the next decade, and promised to invest £500m in community and nature projects across his estates. The Duchy of Cornwall, William’s inherited estates, brings him a private income of more than £20m a year, and the Nansledan development will bring in money through rent and...

⚽️ Wembley showdown kicks off at 3.30pm BST ⚽️ Clubs aim to zone out spygate ‘noise’ | Email Scott In one of the infinite number of parallel universes that definitely exist, this match will be contested by Millwall and Southampton. They were the two in-form teams during the Championship run-in, after all, respectively winning five and eight of their last ten matches, while Hull and Middlesbrough both managed only three. But Millwall didn’t really show up for the play-off semi-finals, while as for Southampton … oh Tonda. So in the end it’s sixth versus fifth for a place in next season’s Premier League. And it’s not as though Hull and Middlesbrough aren’t worthy of a place at Wembley. Boro looked good for automatic promotion for large portions of the season, and despite that aforementioned stumbling end to the campaign, still finished a mere five points off achieving that goal. Hull meanwhile, having avoided relegation to League One last year by the skin of their teeth, have turned things around admirably and timed their run almost perfectly. Continue reading...

These days, when she is not organising the annual International Day of Reggae celebrations in Côte d’Ivoire, Rose Ebirim picks up litter scattered on the beach in the historic port town of Grand Bassam, 25 miles east of Abidjan. Both activities have become a form of therapy since the time she saw someone die. “13 March 2016 was a Black Sunday for me,” she said. On that day, she saw three gunmen open fire at close range as they stalked three adjacent hotels on the beach in a 45-minute shooting spree. By the time security agencies shot the attackers dead, they had killed 19 people including nine foreigners, and traumatised the entire nation. View image in fullscreen Soldiers stand in guard on the beach in Grand Bassam in 2016. Photograph: Luc Gnago/Reuters Al-Qaida in the Islamic Maghreb (AQIM) claimed responsibility for the attack, saying it was in retaliation for Côte d’Ivoire arresting its men and handing them over to Mali. It was not until December 2022 that an Abidjan court sentenced 11 men – including seven in absentia – to death for their roles in the attack. “Our forces have strengthened their operational vigilance to ensure that such tragedies never happen again,” the defence minister, Téné Birahima Ouattara, said at a ceremony this March to commemorate the 10th anniversary of what was the first major terrorist incident on Ivorian soil. Grand Bassam, a Unesco world heritage site and the country’s first capital, forms part of a relatively peaceful three-hour drive to the border with Ghana lined with resort towns that once again cater to residents and tourists. But up in the north, on the borders with Mali and Burkina Faso, the threat of jihadism continues to lurk. Both states have expelled French and American troops in recent years after military takeovers, pivoting to stronger partnerships with Russia instead. Côte d’Ivoire, now a key western ally for counterinsurgency in the region, stands as a buffer state between the Gulf of Guinea and the core of the Sahe...

On the south-eastern corner of Santa Rosa Island lies a grove of a few thousand Torrey pine trees, some of them more than 250 years old. The only other place on earth where these gnarled pines exist is in San Diego county, but biologists classify the two groves as different subspecies. So when a rare wildfire broke out on Santa Rosa Island late last week, firefighters raced to keep it from spreading into the grove, where it threatened to consign the island’s Torrey pines to extinction. So far, they appear to be succeeding – even as the 18,000-acre fire has torched nearly one-third of the island’s surface. But biologists who have studied Santa Rosa Island’s unique ecology are watching anxiously as the fire continues to burn a part of the island that is home to six plants found nowhere else on the planet. “We’re all watching this with a little bit of trepidation,” said Dr Heather Schneider, Santa Barbara Botanic Garden’s director of research and conservation. “Are these plants going to recover on their own?” View image in fullscreen Torrey Pines Trail in Santa Rosa, California. Photograph: Holly Huff/SB Botanic Gardens Biologists widely view Channel Islands national park as a unique success story, where rare native plants made a resounding comeback in recent decades after more than a century of pummeling by non-native livestock and imported wild game animals. Today, the Channel Islands are home to dozens of “endemic” plants – species that grow only there. Six of them, including the Torrey pines, grow on Santa Rosa Island alone. Ten per cent of the island’s plants are considered rare, according to Schneider. The Santa Rosa Island fire is threatening that comeback. Wildfires rarely occur on the Channel Islands, raising questions among conservationists about whether the rare species found there have the evolutionary adaptations needed to withstand a severe burn. The threat to species found nowhere else on earth Santa Rosa Island’s Torrey pine grove has attracted the most...

President Donald Trump’s latest financial disclosure has drawn scrutiny for its astonishing scale: 3,711 trades, almost entirely in shares of companies across America, including many whose fortunes can turn on federal policy. Collectively, they constitute an unprecedented burst of stock-market activity by a sitting president that has fueled fascination among the day-trading masses and prompted detractors to warn of insider-dealing. But a review of the transactions, combined with interviews with investment experts, reveals trading so multifaceted it doesn’t easily lend itself to definitive interpretation. The patterns bear the hallmarks of overlapping portfolio-management strategies, often index-based and much of it likely automated, and all of it difficult to disentangle. To a large extent, that conforms with the Trump Organization's public explanation of the matter. It says the president’s holdings are independently managed by third-party financial institutions that control all investment decisions, including asset allocation, trading, rebalancing, and portfolio management. Trades are executed through “automated, model-based portfolios and direct indexing strategies” with no input from Trump, his family or company. On Tuesday, Vice President JD Vance said the notion the president was trading from the Oval Office was “ absurd .” Contacted for comment, White House officials referred Bloomberg News back to the Trump Organization. “That is an inherent problem with the president owning stocks and individual companies: that people are going to assume that he’s going to make investments that he knows are going to be profitable and he is able to influence,” said Kedric Payne, general counsel at the Campaign Legal Center, which has backed legislation that would ban stock trading by members of Congress. “There should be no appearance that the president is using his position to benefit himself financially.” Trump critics were quick to link specific transactions to public acti...

Trump critics were quick to link specific transactions to public actions and statement by the president. Elizabeth Warren, a Democratic senator from Massachusetts, decried “trades on companies that the Trump administration influenced with its own policies,” citing the purchase of $1 million of Nvidia Corp. stock before the sale of advanced chips to China was approved. “What Trump is doing should be illegal,” she said in a video on her website. “That is an inherent problem with the president owning stocks and individual companies: that people are going to assume that he’s going to make investments that he knows are going to be profitable and he is able to influence,” said Kedric Payne, general counsel at the Campaign Legal Center, which has backed legislation that would ban stock trading by members of Congress. “There should be no appearance that the president is using his position to benefit himself financially.” To a large extent, that conforms with the Trump Organization's public explanation of the matter. It says the president’s holdings are independently managed by third-party financial institutions that control all investment decisions, including asset allocation, trading, rebalancing, and portfolio management. Trades are executed through “automated, model-based portfolios and direct indexing strategies” with no input from Trump, his family or company. On Tuesday, Vice President JD Vance said the notion the president was trading from the Oval Office was “absurd.” But a review of the transactions, combined with interviews with investment experts, reveals trading so multifaceted it doesn’t easily lend itself to definitive interpretation. The patterns bear the hallmarks of overlapping portfolio-management strategies, often index-based and much of it likely automated, and all of it difficult to disentangle. Collectively, they constitute an unprecedented burst of stock-market activity by a sitting president that has fueled fascination among the day-trading masses an...

China appears to be close to launching the world’s largest naval support ship. On Thursday, the China State Shipbuilding Corporation released a picture of one of its shipyards on social media as part of a message marking a new Chinese solar term, which showed a massive hull in a dry dock in the background. The photo prompted speculation among military observers that the hull was an auxiliary ship and triggered a debate about the future logistical capabilities of the People’s Liberation Army Navy. Advertisement The ship’s upper deck and island superstructures appeared to be largely complete, suggesting it would soon be ready to leave the dock for its final fitting. The speculation about whether it really is a “mega-replenisher” stems from the People’s Liberation Army Navy’s shift towards blue-water operations. Advertisement Because China has few overseas military bases, it will have to rely on auxiliary ships to provide vital supplies such as food and water or fuel and ammunition during these missions on the open seas. Currently, the PLA Navy’s aircraft carrier groups are supported by two 45,000-tonne Type 901 Fuyu class fast combat support ships and the much smaller and slower Type 903 Fuchi class ships.

Jenny Lay-Flurrie, Microsoft's head of the Trusted Technology Group. Elaine Thompson | AP Fully responsible, trustworthy technology is an almost impossible mandate in a tech landscape that prioritizes speed — but that doesn't mean some companies aren't trying. On the heels of the Trump administration's national AI legislative framework on March 20, in which "winning the AI race" remains paramount, tech developers face tension between the common ethos of moving fast and breaking things versus strategically implementing responsible tech frameworks from the start. Getting ahead has, in many instances, taken the driver's seat, the cost of which has become clear. Microsoft's self-admitted realization that AI-generated code often forgoes accessibility makes human oversight and iteration a must. For Jenny Lay-Flurrie, who became head of Microsoft's Trusted Technology Group in February and has worked in accessibility for much of her 21 years with the company, the responsible development and deployment of tech is two-fold: "How do we make sure that we build it right? And how can we make sure that it stays right?" Microsoft launched its Trusted Technology Group in early 2025 and has since consolidated all responsible tech initiatives under its umbrella, including Lay-Flurrie's former directive of accessibility. While Microsoft has centralized its responsible tech under a top-down model, competitors like Google maintain a more engineering-led architecture guided by its core AI principles and specialized safety councils. Techniques vary across big tech, but Microsoft's approach is one that's been reshaped since 2002, when Bill Gates released the Trustworthy Computing memo that prioritized things like reliability over new feature development. AI's woes (and the people who fix them) Lay-Flurrie's foray into the broader responsible tech space may be recent, but she says that it follows the same general principles she's used to, including fairness, transparency, inclusiveness and a...

Has Elon Musk given up on Tesla’s Master Plans, on the electrified economy, on solar power as we know it? From the SpaceX IPO filing released yesterday, it sure seems like it. A recap for those not enmeshed in the Musk-verse: Tesla has released four Master Plans over the years, and while details have varied, the through line has been electrification of the economy. Musk put it best in his first edition: “the overarching purpose of Tesla motors…is to help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy.” But recently, one of Musk’s companies, xAI, has embraced the mine-and-burn hydrocarbon economy, using dozens of unregulated natural gas turbines to power its data centers with plans to buy $2.8 billion more, effectively cementing the fossil fuel’s role in the company’s AI operations. It’s a curious turn for a businessman who built his empire on clean energy — and who has no qualms directing his companies to buy from one another. SpaceX spent $131 million on 1,279 Cybertrucks, and xAI has spent $697 million in the last two years on Tesla Megapacks, it’s grid-scale battery storage systems that the company will use to manage peak loads. But so far, xAI hasn’t bought a materially significant number of solar panels from Tesla. Solar power isn’t missing in the SpaceX filing, it’s just all concentrated on space, which the company touts as the future of data center power. Terrestrial solar garners a few mentions — not as a power source for xAI data centers but instead to show how much better SpaceX thinks space-based solar will be. It’s no secret that Musk and other Silicon Valley executives have become obsessed with space-based solar power. SpaceX says that space-based solar arrays can generate “more than five-times the energy” of terrestrial ones thanks to 24/7 illumination. As AI data centers have run into opposition here on Earth, CEOs like Musk have started mulling big server racks in space powered by that 24/7 sunshine. Hamme...

Finding a cafe that fits you can be a revelatory experience. For me at least, there are few places outside of my house that I can truly feel comfortable in. I’m lucky enough to have two options in walking distance: a coffee shop that’s bright, airy, and full of art, and another that doubles as a plant shop so that I’m surrounded by greenery while I write. They’re third places that have become central to my life. But in the virtual realm I have an option as well — and while it’s not a place for getting work done, it’s just as relaxing. The Coffee Talk series kicked off in 2020, with a direct sequel three years later, and the title really says it all: These games are about coffee and talking. They’re visual novels, which means much of the experience is reading dialogue, like an interactive book. In each game, you play as a barista who runs a late-night cafe and also serves something of a therapeutic role, listening to your patrons’ problems and helping them out. You also have to make them drinks, using a simple gameplay system to brew everything from espressos to exotic cold teas. Oh, and you exist in a fantasy world, so you’re serving vampires, elves, and other mythological creatures. The latest entry, Coffee Talk Tokyo, doesn’t change all that much in terms of structure or gameplay. But it’s a standalone story set in a new locale — the first two games took place in Seattle — which means new characters to help and new drinks to make. Once again you play as the perpetually helpful proprietor of a coffee shop that’s only open late, and your job is to serve the right drink and lend a caring ear. The shift to Tokyo means that many of your patrons are ripped out of Japanese folklore, like a newly retired salaryman who is also a kappa, or a struggling pop star who was once a powerful dragon. It also means you’ll be making plenty of matcha, and lots of cold drinks to combat the oppressive Tokyo summer. There are a few things that make these games so comforting. One is the d...

Many providers of cybersecurity hardware, software and services are expected to put up tremendous sales numbers as the AI build-out continues.

The Federal Reserve isn’t going to reduce borrowing costs anytime soon because of resurgent inflation, but a rate hike is also off the table for now as the regime of new Chair Kevin Warsh gets underway.

During midterm years, summer tends to coincide with a weak stock market.

Has Elon Musk given up on Tesla’s Master Plans, on the electrified economy, on solar power as we know it? From the SpaceX IPO filing released yesterday, it sure seems like it. A recap for those not enmeshed in the Musk-verse: Tesla has released four Master Plans over the years, and while details have varied, the through line has been electrification of the economy. Musk put it best in his first edition: “the overarching purpose of Tesla motors…is to help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy.” But recently, one of Musk’s companies, xAI, has embraced the mine-and-burn hydrocarbon economy, using dozens of unregulated natural gas turbines to power its data centers with plans to buy $2.8 billion more, effectively cementing the fossil fuel’s role in the company’s AI operations. It’s a curious turn for a businessman who built his empire on clean energy — and who has no qualms directing his companies to buy from one another. SpaceX spent $131 million on 1,279 Cybertrucks, and xAI has spent $697 million in the last two years on Tesla Megapacks, it’s grid-scale battery storage systems that the company will use to manage peak loads. But so far, xAI hasn’t bought a materially significant number of solar panels from Tesla. Solar power isn’t missing in the SpaceX filing, it’s just all concentrated on space, which the company touts as the future of data center power. Terrestrial solar garners a few mentions — not as a power source for xAI data centers but instead to show how much better SpaceX thinks space-based solar will be. It’s no secret that Musk and other Silicon Valley executives have become obsessed with space-based solar power. SpaceX says that space-based solar arrays can generate “more than five-times the energy” of terrestrial ones thanks to 24/7 illumination. As AI data centers have run into opposition here on Earth, CEOs like Musk have started mulling big server racks in space powered by that 24/7 sunshine. Hamme...

据国家数据局消息，5月22日，国家数据局党组书记、局长刘烈宏主持召开词元经济座谈会。会上，中国经济时报社、习近平经济思想研究中心、中国政法大学、中国人民大学、清华大学等单位的专家代表，阿里云、腾讯、月之暗面、海天瑞声、中国国际金融有限公司等企业代表，围绕“推动词元经济健康可持续发展，充分释放数据要素价值”发表意见建议。国家数据局党组成员、副局长夏冰出席会议。 词元是大模型处理文本、代码、图像、音频、视频等所有信息时采用的最小运算单元，正在成为人工智能服务的计量单位、结算单位和统计单位。国家数据局将把推动词元经济发展纳入工作体系，持续跟踪研究并吸收社会各界建议，以行业高质量数据集建设和全国一体化算力网建设为着力点，深入推进数据要素市场化配置改革，推动词元经济高质量发展。 国家数据局政策和规划司、数字科技和基础设施建设司主要负责同志参加会议。

据全国总工会消息，5月23日下午，全国总工会党组召开会议，通报徐留平涉嫌严重违纪违法，目前正在接受中央纪委国家监委纪律审查和监察调查。与会同志一致表示，坚决拥护党中央决定，坚决拥护中央纪委国家监委决定。 会议指出，中央纪委国家监委对徐留平涉嫌严重违纪违法进行纪律审查和监察调查，充分彰显了以习近平同志为核心的党中央持之以恒推进全面从严治党的坚定决心，充分体现了我们党勇于自我革命、坚定不移正风肃纪反腐的坚强意志，充分释放了反腐败斗争一步不停歇、半步不退让的强烈信号。全总党组和工会系统各级党组织、广大党员干部要切实提高政治站位，不断增强政治判断力、政治领悟力、政治执行力，把思想和行动统一到党中央决定精神上来，以实际行动坚定拥护“两个确立”、坚决做到“两个维护”。 会议强调，全总党组和工会系统各级党组织、广大党员干部要对党绝对忠诚，坚持不懈用习近平新时代中国特色社会主义思想凝心铸魂，把维护以习近平同志为核心的党中央权威和集中统一领导作为最根本的政治纪律和政治规矩，不折不扣贯彻落实习近平总书记重要讲话、重要指示批示精神和党中央重大决策部署。要坚定不移推进全面从严治党、加强党风廉政建设，坚决扛起全面从严治党政治责任，不断强化对权力运行的监督制约，认真落实“一岗双责”，始终严于律己、严负其责、严管所辖，坚持党性党风党纪一起抓、正风肃纪反腐相贯通，完善作风建设常态化长效化机制，持续整治形式主义为基层减负，一体推进不敢腐、不能腐、不想腐，努力营造风清气正的政治生态。要始终严格自律、廉洁从政，充分认识到手中的权力是党和人民赋予的，把加强党性教育和党性锻炼作为终身课题，敬畏人民、敬畏组织、敬畏法纪，严格自我约束、严守纪律规矩、依法廉洁从政、自觉接受监督，注重家庭、家教、家风建设，始终清清白白为官、干干净净做事、老老实实做人。 会议要求，要以学习贯彻习近平总书记重要讲话为统领推动工会工作高质量发展，深入学习习近平总书记关于树立和践行正确政绩观的重要论述，准确把握、全面落实“立党为公、为民造福、科学决策、真抓实干”的总要求，进一步把学习贯彻习近平总书记在庆祝中华全国总工会成立100周年暨全国劳动模范和先进工作者表彰大会上的重要讲话精神引向深入，全面贯彻落实年初中央书记处对工会工作的指示要求和全总十八届四次执委会议工作部署，集中精力抓好工会各项重点工作落实，以实干实绩为实现“十五五”良好开局展...

In this article BRK.B DAL M 8058.T-JP 8053.T-JP BRK.B Follow your favorite stocks CREATE FREE ACCOUNT (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Lingering mysteries from Berkshire's portfolio update The large reduction in the number of stocks in Berkshire Hathaway's equity portfolio that was revealed in last Friday's first quarter 13F SEC filing was perhaps bigger than expected but it wasn't a total surprise. The Wall Street Journal had reported new CEO Greg Abel would be selling many or all of the stocks formerly managed by Todd Combs, who left for a job at JPMorgan late last year. It's harder to explain how the two new names, Delta Air Lines and Macy's , got into the portfolio. Berkshire almost never reveals who makes buy and sell decisions for individual stocks, but the rule of thumb had been Warren Buffett handled the larger positions, and one of the two (now one) portfolio managers were responsible for the smaller positions. Abel, who now has overall responsibility for the company's investments, replaces Buffett in that construction. The Oracle, however, is still coming into the office five days a week as chairman, and in late March he told CNBC's Becky Quick he is still making investment calls but won't do anything Abel thinks is "wrong." Presumably, Abel also wouldn't do anything that Buffett opposes. Staff loads packages on a Delta Air Lines plane at John F. Kennedy International Airport in Queens, New York City, on April 23, 2025. Jeenah Moon | Reuters That makes the reintroduction of Delta to the portfolio after a six-year exile something of a mystery . Buffett, who suggested in early 2008 that a "farsighted capitalist" should have shot down Orville Wright at Kitty Hawk, would presumably be unwilling to give an airline stock a third chance after a troubled 1989 US Airways investment and a money-losing 2016 return...

The Scottish Cup was made by Martin Hall & Co silversmiths and is the oldest association football trophy in the world. It was first presented to Queen’s Park, the inaugural winners, in 1874. Dunfermline striker Zak Rudden is available for selection after three months out with a shoulder injury he sustained in an earlier round of the Cup, a Fife derby against Kelty Hearts. Goalkeeper Aston Oxborough has returned on loan from Motherwell after being briefly recalled by his parent club. The Pars are without the Irish duo of Graham Carey and Freddie Turley, while striker Olly Thomas and centre-back Ewan Otoo are also unavailable through injury. Long-term absentees Kasper Schmeichel and Cameron Carter-Vickers remain sidelined for Celtic , who emerged from last weekend’s dramatic title-decider against Hearts with a clean bill of health. 16m ago 13.58 BST Scottish Cup final: Celtic v Dunfermline Athletic Master and apprentice will stand in adjacent technical areas this afternoon as Martin O’Neill and Neil Lennon prepare to lead Celtic and Dunfermline out at Hampden Park for the Scottish Cup final. A Championship side whose hopes of promotion ended in playoff semi-final defeat last week, Dunfermline Athletic arrive at Hampden Park hoping to win their first major trophy since 1968. The Scottish Premiership champions pitch up hoping to win their first silverware since this day last week. Having spent the best part of 10 years of his career as O’Neill midfield lieutenant at Leicester City and Celtic before taking the reins at Celtic Park himself in 2010, Lennon has been in charge of the Pars for 14 months. He has bristled at descriptions of him as O’Neill’s apprentice, pointing out that at 54, he’s a bit old to fit that particular bill but admitted today’s occasion will “be surreal considering how long I’ve known [Martin], what he’s done for my career and what influence he’s had on me”. Celtic are overwhelming favourties, Dunfermline will be hoping to upset the odds and kick-of...

美国《华尔街日报》22日报道，美国总统特朗普当天召集国家安全团队会议，没有正式决定是否对伊朗发起新的军事打击，而是表示愿给外交谈判“更多时间”。《华尔街日报》援引多名美国官员的话报道，特朗普听取了在伊朗进行的相关对话的简报后表示，他希望给外交谈判“更多时间”，但一旦谈判破裂保留军事打击选项。报道说，斡旋方正全力推进外交磋商，当前的紧要目标不是达成美伊正式协议，而是先确定一份类似谅解备忘录的文件，以延长停火和设定进一步谈判的框架。双方目前僵持在哪些事项应列入谈判框架、哪些问题应留待后续讨论。按美国官员的说法，如果这一有限协议仍无法达成，美国和以色列可能在数日内对伊朗发起持续时间不长的军事打击，以施压伊方让步。目前，仍有部分特朗普的顾问和保守派人士认为对伊朗实施有限打击能让美方有更多谈判筹码。 (新华社)

On May 14, 2026, Strategy Capital LLC disclosed in an SEC filing that it sold out of monday.com (NASDAQ:MNDY) , liquidating 222,388 shares in a transaction estimated at $21.34 million based on quarterly average pricing. According to a filing with the U.S. Securities and Exchange Commission dated May 14, 2026, Strategy Capital LLC sold its entire holding of 222,388 shares in monday.com during the first quarter. The estimated transaction value was $21.34 million, calculated using the average share price for the period. The fund reported no shares of MNDY at quarter-end. monday.com is a technology company specializing in cloud-based work management solutions, enabling organizations to streamline operations and collaborate efficiently at scale. The company's modular platform allows users to customize workflows, supporting a wide range of business functions from project management to CRM. With a strong international presence and a focus on product flexibility, monday.com leverages its scalable SaaS model to drive recurring revenue and maintain a competitive edge in the enterprise software market. Continue reading

格隆汇5月23日｜据澎湃，日前，美国存储芯片厂商美光CEO桑杰·马罗特拉（Sanjay Mehrotra）接受外媒采访时发出预警，称当前全球内存短缺可能延续至2026年之后，而行业真正意义上的大规模新产能释放，至少要等到2028年。“厂房基础建设是目前周期最长、挑战最大的环节，土建完成后，设备入场、安装调试同样需要漫长周期。”马罗特拉在弗吉尼亚州马纳萨斯工厂接受采访时坦言。该工厂刚刚启动了全美首个“1-alpha”工艺节点DRAM量产，这也是美光将先进内存制造回流本土的关键一步。 由于全球存储芯片紧缺，美光正在进行大规模扩产。根据之前美光披露的计划，美光将在爱达荷州博伊西建设两座先进晶圆厂，首座预计明年年中产出首批晶圆，第二座则要到2028年底；在纽约州锡拉丘兹规划多达四座晶圆厂的生产集群。整体而言，美光计划在全美投资高达2000亿美元，目标是将本土产量占全球总产量的比重从当前的约10%提升至40%。

Luis Alvarez/DigitalVision via Getty Images I believe that one of the most important traits you can have, not only as an investor, but as a person, is the ability to admit when you made a mistake. I have spent a long time trying to reflect on decisions that I have made to see if they have been optimal or not. And even though it's never fun to admit when you are wrong, it does provide you a sense of relief. That is the feeling that I have right now when it comes to Gates Industrial Corporation ( GTES ) , a rather interesting company that produces highly engineered transmission and fluid power solutions products. In my last article about the firm, I reaffirmed it as a ‘buy’ candidate. At the time, I focused more on its valuation compared to other similar firms. And I did not lend enough weight to the fact that revenue was muted and management had reduced guidance for 2025. Since then, the stock has pulled back about 7%, which is far worse than the 15.5% increase that the S&P 500 enjoyed. But the good news is that, during the time that I have been bullish about the company, with my first such article about it coming out in February of 2023, it has performed reasonably well. Shares are up 71.2%, which is only a bit behind the 81.6% increase that the market enjoyed. Based on the data that's available today, the company is still trading on the cheap compared to other similar firms. Revenue is expected to expand this year. And profitability could improve also. But based on the company's absolute valuation, I think that downgrading it to a ‘hold’ is appropriate. Time to take a step back Author - SEC EDGAR Data At this time, the newest fundamental data that we have regarding Gates Industrial covers through the first quarter of the company's 2026 fiscal year. In terms of revenue, things are actually going quite well. Sales amounted to $851.1 million. That's just a bit above the $847.6 million that the business reported the previous year. In the chart above, you can see that e...

Getty Images Introduction & Investment Thesis Rivian ( RIVN ) reported its Q1 FY26 earnings at the end of last month, and despite beating both its top and bottom line estimates, the stock has been under quite some pressure, down 19% over the last month. In my previous post , I had reiterated my “buy” rating on Rivian, especially after the stock managed to close above its 50-day moving average in February, especially as revenue was expected to inflect higher with the start of production and ramp-up of R2 in FY26. While management reiterated their delivery guidance for FY26, investors are worried about the margin pain R2 is about to inflict on the company amid an uncertain macroeconomic environment. You see, while Rivian’s Software & Services segment is scaling, its Automotive segment continues to remain under pressure on both the top and bottom line parameters. While the ramp-up of R2 should help with the top-line growth ahead, management has explicitly said that they will be experiencing further gross margin pressures through Q2 and Q3. The thing is, consensus estimates have started to revise their forward revenue growth estimates lower, and I am not confident of the timing pertaining to the bottoming in the company’s forward earnings per share estimates. With the stock creating newer lows in May this year, with severe overhead resistance, I believe that the risk-reward is not attractive at current levels. The Good: The Much-Anticipated R2 Production Finally Kicked Off When Rivian reported its Q1 FY26 earnings in May, the company beat both its top and bottom line estimates for the quarter. On the top line, revenue grew 11% YoY to $1.38B, with Rivian’s Automotive segment contributing over 65% of Total revenue, while Software and Services drove the rest of the 35% of Total Revenue. Particularly, when it comes to the company’s Software and Services segment, revenues grew at a strong 49% YoY rate (compared to the -2% decline in the Automotive segment), with revenue cont...

SpaceX’s upgraded Starship successfully deployed mock satellites and returned to Earth largely unscathed, though its booster spun out of control and broke apart over the Gulf of Mexico. Bloomberg News Global Space Loren Grush joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss. (Source: Bloomberg)

Bangladesh’s central bank unveiled a 600 billion-taka ($5 billion) package to boost economic growth, revive shuttered factories and support small businesses. Some 410 billion taka will be raised from banks with excess liquidity at a 10% interest rate, while the remaining 190 billion taka will come from Bangladesh Bank’s own reserves, Governor Mostaqur Rahman said at a media briefing Saturday. The fund will restore “industrial production and stimulate domestic demand and rebuild business confidence,” Rahman said. The largest single allocation, 200 billion taka, will be earmarked for closed factories and service sector businesses, with the central bank estimating it could create 200,000 jobs. Agriculture and rural economy will receive 100 billion taka. The package comes as GDP growth slowed to 3% in the second quarter of the 2025-2026 fiscal year from 3.5% a year earlier.

RHJ/iStock via Getty Images Tronox ( TROX ) reported Q1'26 results on May 6th. Leading up to earnings, the market was excited about TiO2 volumes stabilizing and pricing showing signs of improvement. For the most part, the quarter was better than expected and recent developments in the Middle East have also made multi-national producers like Tronox cost advantaged over Chinese producers who use the sulfate process. While the market prices in a quick recovery, I'm cautious about what's currently being priced into the stock. A look at Q1'26 results Tronox's results can be characterized as bad but improving, with revenue of $760 million, which was an increase of 3% from last year and a 4% increase sequentially. In TiO2, revenue increased 7% sequentially, driven by a 4% increase in volumes and a 3% increase in average selling prices. From what was several pricing headwinds in 2025, the growth in volumes and price is welcome. For zircon, Tronox's revenue was up 14% sequentially on a proportional increase in volumes, though pricing was flat quarter over quarter. The year over year zircon picture shows volumes up 57% but average selling prices down 28%, reflecting just how severely the pricing environment has deteriorated over the past year. Company Filings Looking at the company's profitability, Tronox's EBITDA of $62 million represented an 8.2% margin, which was up 9% sequentially from Q4's $57 million but down 45% year over year from the $113 million Tronox generated in Q1'25. From a depressed Q3'25 through Q4 and now Q1'26, the EBITDA margin path is improving but remains far from what the company was doing in earnings just a few years ago. On the conference call that followed the quarter, CEO John Romano described the quarter as reflecting "a clear inflection during the first quarter" on pricing. The pricing floor appears to have been found and the direction has changed. What I think is in question though is the pace of recovery from here. TiO2 headwinds persisting, but...