Author: franperez66q@protonmail.com
First Minister Rhun ap Iorwerth answers quickfire questions at the Urdd Eisteddfod Source link
The Micron Memory Japan K.K. booth at the Semicon Japan exhibition in Tokyo, Dec. 18, 2025.Kiyoshi Ota | Bloomberg | Getty ImagesThe rally in semiconductor stocks is so incredible, traders can’t help but bet against it.Open interest in put contracts on the VanEck Semiconductor ETF (SMH) have surged the past two months to just under 1.7 million, the most ever, according to Bloomberg data going back to the fund’s launch in 2011. By comparison, there are just over 500,000 outstanding call contracts.At the same time, implied volatility in the SMH is rising, nearing 55% Tuesday, near the highest in more…
Oil futures are still pricing a quick resolution to the Iran war — but analysts warn that investors and consumers are likely to be left disappointed.Prices jumped more than 3% at one point early Thursday after the U.S. and Iran exchanged fresh missile strikes as hostilities in the Middle East appeared to re-escalate. Brent crude, the international price benchmark, was last seen 2.1% higher at $96.29, while U.S. West Texas Intermediate futures were back above $90 a barrel after a 2.4% rise.Callum Macpherson, head of commodities at Investec, said investors are finding it “incredibly hard” to get a handle on…
A person walks outside a Best Buy store on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty ImagesBest Buy on Thursday reported first fiscal-quarter results that beat expectations on the top and bottom lines as the electronics retailer tries to break out of a sales slump.The company said revenue climbed slightly, driven by comparable sales growth of 2%. It reaffirmed its full-year guidance of revenue between $41.2 billion and $42.1 billion, in addition to adjusted earnings per share of $6.30 to $6.60. It expects comparable sales in the range of a decline of 1% to an increase of…
Temu fined $232 million for breaching EU rules on sale of illegal products Source link
U.S. Rep. Ro Khanna visits Ultium Cells, an electric vehicle battery manufacturing plant in Warren, Ohio.Garrett Downs | CNBCPENNSYLVANIA, OHIO and MICHIGAN — U.S. Rep. Ro Khanna was riding shotgun in a black Chevrolet Suburban hurtling down an Ohio highway. His mind was on the economy. “I do think I have the right economic vision for this country,” Khanna, D-Calif., told CNBC, taking a break from answering one of the hundreds of text messages he receives each day. “The question is just whether I will get behind someone who can help adopt it, or whether I’ll do it myself.”The Silicon Valley…
Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, during a hearing in Washington, April 21, 2026.Graeme Sloan | Bloomberg | Getty ImagesThe State Department did not task the U.S. Transportation Command, or TRANSCOM, with evacuating Americans who aren’t affiliated with the federal government from the Middle East after the start of the Iran war, according to responses provided by the military branch to Sen. Elizabeth Warren and shared first with CNBC.In a May letter to Warren, which followed a request from the Massachusetts Democrat for more information on the evacuation…
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models.Sopa Images | Lightrocket | Getty ImagesDutch cloud provider Nebius popped in premarket trading Thursday after an ex-OpenAI employee’s fund disclosed a sizeable stake in the firm. Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, now owns 12.4 million Class A shares of the AI firm, according to a filing published on Wednesday. That represents a 5.6% stake.Situational Awareness manages billions in funds and invests in the physical infrastructure necessary for the future of AI.Nebius, which…
Exclusive-China works on AI token futures market, sources say, in race with US Source link
Valve’s Steam Deck handheld has been largely unavailable to buy since mid-February, a victim of the RAM and storage shortages that have been driving up prices for most consumer tech since the fall of 2025. The good news is that the Deck is back in stock on Valve’s site and ready to ship in three to five days; the bad news is that it appears to have returned because somebody wished for it on a monkey’s paw. The 512GB version of the OLED Steam Deck now sells for a whopping $789, $240 more than its previous $549 price. The 1TB…