Quick Read COHR fell 21% in one week and sits 40% below its 52-week high, while Wall Street’s average target implies 57% upside. FN and LITE sold off alongside Coherent, but Fabrinet carries the group’s deepest discount at 87% implied upside versus Lumentum’s 31%. CEO confirmed fiscal 2027 is completely booked with orders extending into
Oct 15 (Reuters) – The editor-in-chief of Russian independent newspaper Novaya Gazeta was taken in for questioning by investigators in Moscow on Thursday, the outlet said, after authorities searched his home. The TASS state news agency, citing law enforcement sources, said Sergei Sokolov was being questioned in a case regarding the “unlawful use of personal
Russian Investigators Question Novaya Gazeta Editor After Raiding His Home Read More »
[Sportschosun reporter Lee Ji-hyun] A day trip to Hong Kong by model and TV personality Han Hye-jin and comedian Uhm Ji-yoon turned chaotic after a phone went missing. A video titled “We Went to Hong Kong for a Day Trip and Came Back Without My Phone” was posted on Han Hye-jin’s YouTube channel on
Quick Read Paychex (PAYX) raised its quarterly dividend 10% to $1.19, delivering a 4.4% yield backed by $2.56B in operating cash flow that covers payouts at a 63% ratio. ADP pairs big dividends with buybacks, while Paycom funds $345M in repurchases with new debt, making Paychex the only one centering capital returns on dividend growth.
Paychex Builds Fortress of Steady Dividend Growth While Stock Struggles Read More »
In an exclusive interview with Fortune’s Jeremy Kahn and Bea Nolan, Nvidia CEO Jensen Huang shrugged off existential-risk warnings from many leaders in the AI space, including Anthropic’s Dario Amodei, saying the technology was “completely in our control.” “I don’t know why anybody would want to support the advancement of a technology that’s going to
Labour has said it will end its power-sharing agreements with the Green Party on local councils if they do not reject the “Zionism is Racism” policy adopted earlier this month. All Labour council groups who are currently in coalition, or other power-sharing arrangements, with the Greens at council level have been asked to write to
Labour to end local coalitions with Greens if they do not condemn Zionism policy Read More »
Nvidia (NVDA) CEO Jensen Huang is unlikely to ignore the building pressure on CoreWeave’s (CRWV) stock price and bond values. The simple reason why is that he can’t look the other way given how intertwined Nvidia is with the most well-known — and debated — neocloud. For one, in January of this year Nvidia announced
Why CoreWeave stock panic matters to Nvidia, explained in under 30 seconds Read More »
BEIJING (AP) — A new bridge linking China and North Korea opened Thursday after more than a decade of delay, signaling deeper ties between the two countries. China’s official Xinhua News Agency reported that a ceremony for the launch of the New Yalu River Bridge was held in the morning. An online video from state
New China-North Korea Bridge Opens After More Than a Decade of Delay Read More »
The S&P 500 has been climbing in recent years, reaching multiple record highs, and the momentum has generally continued in 2026. If we look at the past three calendar years and add in the performance this year so far, the gain totals 100%. And one thing in particular has fueled this movement: investors’ excitement about
Quick Read Lumentum (LITE) turned a $1,000 investment into $22,715 over 10 years, a 2,171% return dwarfing the S&P 500’s 262%. AI hyperscalers replaced Apple (AAPL) Face ID as Lumentum’s growth engine, pushing Q4 revenue up 109% year over year to $1.01 billion. Nearly all decade-long gains arrived in the past 12 months, yet the
History shows that the 10-year/three-month Treasury yield spread has been one of the most reliable recession indicators. The general premise is that once this spread turns negative, which is to say that the three-month Treasury yield becomes higher than the 10-year yield, a recession is likely to come sometime in the subsequent six to 18
Oura IPO oversubscribed Wall Street stock market trading floor. Photo by BeInCrypto Warburg Pincus CEO Jeffrey Perlman, whose private equity firm backs more than 200 portfolio companies, says investors see public markets as one concentrated, correlated bet. He argues that pushes capital toward private assets. The pitch comes from a firm that calls the initial
Warburg Pincus CEO Says Investors See Public Markets as One Big Bet Read More »
Bond yields are going up. Along with a recent Federal Reserve hike in short-term interest rates in September, longer-term U.S. Treasury bond yields recently reached their highest levels in decades. Yields for the 10-year and 30-year bonds are both at their highest since 2002, at well over 5%. Missed Nvidia in 2009? This Rare Signal
New York — High-flying technology stocks are taking a bruising this week, as investors grow more skeptical about whether the AI boom will live up to expectations. Stocks dropped on Wednesday, led by declines in the tech sector, after a hotter-than-expected inflation report bolstered bets that the Federal Reserve will raise interest rates further. The S&P
AI stocks drop after hot inflation report bolsters bets for Fed rate hikes Read More »
Ho Chi Minh City’s six-year reign as “Asia’s Best MICE Destination” ended this week, with Hong Kong usurping the title at the World MICE Awards in Jamaica. The awards were announced at the seventh annual ceremony held at Princess Grand Jamaica on Monday. The award to Hong Kong recognizes destinations serving the meetings, incentive travel,
Hong Kong ends HCMC’s 6-year streak as Asia’s best MICE destination Read More »
Image from Pixabay Shares of Cipher Digital (CIFR) fell 12.8% on October 13, 2026, on a day the S&P 500 finished flat. Investors were evaluating a plan to raise $850 million through convertible notes that could eventually become shares. Cipher is taking on this debt to fund data center construction. During the second quarter of
What Needs To Be True To Buy Cipher Digital Stock Now? Read More »
The firm believes the sector’s tough year will continue and does not “see the trend reversing anytime soon.” The Financial Select Sector SPDR Fund has gained just 0.76% year-to-date, while the SPDR S&P 500 ETF Trust has surged nearly 14% higher in the same time. However, the analyst said the market has likely overreacted to
FISV, NU, LPLA: Analyst Picks Top 3 Financial Stocks In ‘Forgettable Year’ For Sector Read More »
During their recent episode, Taylor, Carlisle, and Jeff Weniger discussed Why the Magnificent Seven Are Holding Up the Stock Market. Here’s an excerpt from the episode: [Jeff] Well, sometimes you get the generals get shot first too. That’s how you can see a market deteriorating when the generals start to go. But the generals are
Why the Magnificent Seven Are Holding Up the Stock Market Read More »
The nation’s biggest banks delivered mixed third-quarter results this week, but Wall Street’s reaction was overwhelmingly negative, with all six major bank stocks falling despite some strong results. CNBC’s Jim Cramer said Wednesday, on Day 2 of the financial earnings flood, that investors appear more concerned about what lies ahead than what the banks just
Jim Cramer on big bank earnings and bank stock moves Read More »
WASHINGTON — Tech titan Elon Musk on Wednesday indicated the Trump administration, not SpaceX, caused the throttling of a military version of Starlink in Ukraine that set off panic in the war-torn country. Ukrainian President Volodymyr Zelensky warned the slowdown of Starshield, a military offshoot of Starlink, would cost lives by limiting its ability to