3 days ago
Tom Hanks had some marriage advice for Taylor Swift and Travis Kelce at the Los Angeles premiere of Toy Story 5
Swift's song "I Knew It, I Knew You" is featured in the new Disney-Pixar movie, in which Hanks voices Woody
The marriage advice was shared ahead of Swift and Kelce's highly anticipated wedding
After nearly four decades of marriage to Rita Wilson, Tom Hanks knows a thing or two about relationships.
While chatting with E! News at the Los Angeles premiere of Toy Story 5 on Tuesday, June 9, the 69-year-old actor shared some marriage advice for Taylor Swift — who has a song in the fifth installment of the Disney-Pixar movie — and her fiancé, Travis Kelce, ahead of their wedding.
Swift's song "I Knew It, I Knew You" is featured in the new Disney-Pixar movie, in which Hanks voices Woody
The marriage advice was shared ahead of Swift and Kelce's highly anticipated wedding
After nearly four decades of marriage to Rita Wilson, Tom Hanks knows a thing or two about relationships.
While chatting with E! News at the Los Angeles premiere of Toy Story 5 on Tuesday, June 9, the 69-year-old actor shared some marriage advice for Taylor Swift — who has a song in the fifth installment of the Disney-Pixar movie — and her fiancé, Travis Kelce, ahead of their wedding.
3 days ago
Bill Skarsgård revealed the name of the Skarsgård family group chat which is humorously named after another famous Hollywood family
The Skarsgård family includes several actors, including Stellan, the patriarch, and his sons Alexander, Gustaf and Bill
Stellan has eight children total, with all but one pursuing an entertainment-related career
Bill Skarsgård is sharing a peek into the Skarsgård family group chat!
The Death of Robin Hood star, 35, revealed he and the other Skarsgård actors — including his father Stellan, 74, and his brothers, Alexander and Gustaf, 49 and 45, respectively — are all in a group chat together, which bears a silly name that nods to another set of related Hollywood stars.
The Skarsgård family includes several actors, including Stellan, the patriarch, and his sons Alexander, Gustaf and Bill
Stellan has eight children total, with all but one pursuing an entertainment-related career
Bill Skarsgård is sharing a peek into the Skarsgård family group chat!
The Death of Robin Hood star, 35, revealed he and the other Skarsgård actors — including his father Stellan, 74, and his brothers, Alexander and Gustaf, 49 and 45, respectively — are all in a group chat together, which bears a silly name that nods to another set of related Hollywood stars.
3 days ago
A Barron Trump-backed beverage company has officially launched its first product.
According to its website, Sollos is a a beverage brand "built around the Florida lifestyle" that was started by a group of "close friends ages 19-23 who grew up living in South Florida." Barron Trump, the youngest son of President Donald Trump, is listed as a founding partner and director of the company.
The company has launched one flavor – Pineapple + Coconut – it calls "flawless" that is now available for purchase on its website and at select retailers throughout South Florida. A 12-pack costs $39 and the drink contains Brazilian yerba mate, organic pineapple and coconut flavors, and is sweetened with organic cane sugar, organic raw honey and organic monk fruit extract, according to the listing on the Sollos website.
The company says each can contains 120 mg of natural caffeine and 50 calories.
"SOLLOS is designed revolving around the cycle of the sun, making it a versatile drink you can enjoy throughout the day," the company's website reads. "From a crisp, refreshing start to your morning, to an afternoon pick me up, and even as a clean nighttime mixer, SOLLOS is built to move with your day."
According to its website, Sollos is a a beverage brand "built around the Florida lifestyle" that was started by a group of "close friends ages 19-23 who grew up living in South Florida." Barron Trump, the youngest son of President Donald Trump, is listed as a founding partner and director of the company.
The company has launched one flavor – Pineapple + Coconut – it calls "flawless" that is now available for purchase on its website and at select retailers throughout South Florida. A 12-pack costs $39 and the drink contains Brazilian yerba mate, organic pineapple and coconut flavors, and is sweetened with organic cane sugar, organic raw honey and organic monk fruit extract, according to the listing on the Sollos website.
The company says each can contains 120 mg of natural caffeine and 50 calories.
"SOLLOS is designed revolving around the cycle of the sun, making it a versatile drink you can enjoy throughout the day," the company's website reads. "From a crisp, refreshing start to your morning, to an afternoon pick me up, and even as a clean nighttime mixer, SOLLOS is built to move with your day."
3 days ago
Spencer Pratt is at the center of a growing political controversy in Los Angeles after a series of videos surfaced showing Skid Row residents claiming they were paid or otherwise incentivized to vote for Mayor Karen Bass and councilwoman Nithya Raman.
The videos posted to TikTok were recorded near 7th Street and Flower Street in downtown Los Angeles, per a New York Post report published Tuesday, June 9, which noted the footage has been turned over to the Department of Justice.
In one clip, a man who identified himself as Kevin Shepherd, who has been living on Skid Row for five years, claimed he received $4 in exchange for completing a mail-in ballot for Bass and dropping it in a ballot box. Shepherd said he was initially offered $2 but negotiated for a higher payment.
Another man on Skid Row who said he was a registered voter — but not in that county — described a more directed form of alleged influence. "They gave me a whole paper of what to write and who to sign," he said. "I just signed off on it to make some money."
A woman in a wheelchair also spoke on camera about the alleged arrangement. "I signed twice and could pick out whatever I wanted," she said, describing being offered a gift in exchange for her vote, in the video.
The videos posted to TikTok were recorded near 7th Street and Flower Street in downtown Los Angeles, per a New York Post report published Tuesday, June 9, which noted the footage has been turned over to the Department of Justice.
In one clip, a man who identified himself as Kevin Shepherd, who has been living on Skid Row for five years, claimed he received $4 in exchange for completing a mail-in ballot for Bass and dropping it in a ballot box. Shepherd said he was initially offered $2 but negotiated for a higher payment.
Another man on Skid Row who said he was a registered voter — but not in that county — described a more directed form of alleged influence. "They gave me a whole paper of what to write and who to sign," he said. "I just signed off on it to make some money."
A woman in a wheelchair also spoke on camera about the alleged arrangement. "I signed twice and could pick out whatever I wanted," she said, describing being offered a gift in exchange for her vote, in the video.
3 days ago
Olympic skier Eileen Gu's lavish family home in San Francisco is reportedly at the center of a bitter neighborhood dispute that stretches back more than 10 years and has seen multiple complaints filed against the gold medalist's family over everything from sewage problems to unsightly garbage piles.
Gu, 22, who competes for China, spent much of her childhood living in a luxury mansion in the upscale neighborhood of Sea Cliff, where her mother purchased a four-bedroom property for $1.84 million in 2010, when the skier was 7 years old.
Despite boasting a net worth of more than $23 million, Gu—who claimed one gold and two silver medals at the 2026 Winter Olympics—is not thought to have ever purchased her own property, instead continuing to reside with her mother at the Sea Cliff mansion, when she is not traveling the world for work.
But that same home is now at the center of a rather ugly neighborhood battle, according to a new report by The San Francisco Standard, which alleges that the latest twist in the Sea Cliff spat involves an unsightly pile of garbage that was left piled up outside the property on June 8.
According to the outlet, "an enormous pile of trash and furniture" was dumped on the sidewalk outside the property, which was originally built in 1925 and is now worth $5 million, with images published by The Standard capturing a haphazard collection of old shelves, a couch, a mattress, what appears to be a disused suitcase, and cardboard boxes filled with abandoned clothing, books, and other detritus in front of the Gu residence.
Gu, 22, who competes for China, spent much of her childhood living in a luxury mansion in the upscale neighborhood of Sea Cliff, where her mother purchased a four-bedroom property for $1.84 million in 2010, when the skier was 7 years old.
Despite boasting a net worth of more than $23 million, Gu—who claimed one gold and two silver medals at the 2026 Winter Olympics—is not thought to have ever purchased her own property, instead continuing to reside with her mother at the Sea Cliff mansion, when she is not traveling the world for work.
But that same home is now at the center of a rather ugly neighborhood battle, according to a new report by The San Francisco Standard, which alleges that the latest twist in the Sea Cliff spat involves an unsightly pile of garbage that was left piled up outside the property on June 8.
According to the outlet, "an enormous pile of trash and furniture" was dumped on the sidewalk outside the property, which was originally built in 1925 and is now worth $5 million, with images published by The Standard capturing a haphazard collection of old shelves, a couch, a mattress, what appears to be a disused suitcase, and cardboard boxes filled with abandoned clothing, books, and other detritus in front of the Gu residence.
3 days ago
Stan Honda/AFP via Getty Images
This story originally appeared on The 19th.
For Juniper Simonis, that night in 2012 replays like the start of a favorite movie. It’s a warm summer evening, and she’s speeding through Ithaca, New York, on her bike. The wind is in her hair — at least as much as it could be under a bike helmet. Mariee Siou, the American folk singer, is blasting through her headphones.
The moment is memorable because of the feelings of freedom and hope sparked by an email she has just received. It says that the Ithaca League of Women Rollers derby team voted to allow her to play.
“As somebody who played sports and was queer, but those were two very separate parts of my life, the promise and the opportunity … to integrate those was very hopeful for me.”
This story originally appeared on The 19th.
For Juniper Simonis, that night in 2012 replays like the start of a favorite movie. It’s a warm summer evening, and she’s speeding through Ithaca, New York, on her bike. The wind is in her hair — at least as much as it could be under a bike helmet. Mariee Siou, the American folk singer, is blasting through her headphones.
The moment is memorable because of the feelings of freedom and hope sparked by an email she has just received. It says that the Ithaca League of Women Rollers derby team voted to allow her to play.
“As somebody who played sports and was queer, but those were two very separate parts of my life, the promise and the opportunity … to integrate those was very hopeful for me.”
3 days ago
We just covered Forget AI: Legendary Value Investor Seth Klarman Is Buying These 10 Value Stocks in 2026. WESCO International (NYSE:WCC) ranks #2 (see Seth Klarman Is Buying These 5 Value Stocks in 2026).
Baupost's Stake $393,159,000
WESCO International (NYSE:WCC) is an industrial distributor serving customers in construction, data centers, utilities, and industrial facilities. Unlike pure manufacturers, it provides electrical, communications, and security products and services all under one roof — making it a one-stop shop for large, complex projects.
Data centers are now the company's most powerful growth engine. WESCO International's (NYSE:WCC) data center sales hit $4.3 billion in 2025, up 50% year-over-year, fueled by hyperscale and AI-driven infrastructure demand. The company is embedded across the entire data center lifecycle — from initial power and electrical buildout all the way through connectivity, IT infrastructure, and AI compute environments. This means recurring, sticky revenue rather than one-off contracts.
Scale is WESCO International's (NYSE:WCC) biggest competitive edge. It operates across more than 50 countries with a distribution network that is extremely difficult to replicate. Its closest rival, W.W. Grainger, focuses more narrowly on industrial MRO, while manufacturers like Hubbell and nVent have deeper supply chain control but lack WESCO's breadth and reach. No single competitor matches WESCO's end-to-end capability.
Baupost's Stake $393,159,000
WESCO International (NYSE:WCC) is an industrial distributor serving customers in construction, data centers, utilities, and industrial facilities. Unlike pure manufacturers, it provides electrical, communications, and security products and services all under one roof — making it a one-stop shop for large, complex projects.
Data centers are now the company's most powerful growth engine. WESCO International's (NYSE:WCC) data center sales hit $4.3 billion in 2025, up 50% year-over-year, fueled by hyperscale and AI-driven infrastructure demand. The company is embedded across the entire data center lifecycle — from initial power and electrical buildout all the way through connectivity, IT infrastructure, and AI compute environments. This means recurring, sticky revenue rather than one-off contracts.
Scale is WESCO International's (NYSE:WCC) biggest competitive edge. It operates across more than 50 countries with a distribution network that is extremely difficult to replicate. Its closest rival, W.W. Grainger, focuses more narrowly on industrial MRO, while manufacturers like Hubbell and nVent have deeper supply chain control but lack WESCO's breadth and reach. No single competitor matches WESCO's end-to-end capability.
3 days ago
We just covered Forget AI: Legendary Value Investor Seth Klarman Is Buying These 10 Value Stocks in 2026. Elevance Health (NYSE:ELV) ranks #3 (see Seth Klarman Is Buying These 5 Value Stocks in 2026).
Baupost's Stake: $373,301,000
Elevance Health (NYSE:ELV) is a key holding in Klarman's portfolio. It is one of the largest health insurers in the US, serving 45.4 million members. The stock has been hammered by rising healthcare costs, disappointing government payment rates, and regulatory pressure. But the recovery appears to be gaining traction. In Q1 2026, revenue and EPS showed growth and the benefit expense ratio — which measures claims costs against premium income — improved to 86.8%, down from 90% in 2025.
A key regulatory cloud also lifted. The Centers for Medicare and Medicaid Services raised its 2027 Medicare Advantage payment rate to levels better than the market expected.
Management responded by raising full-year 2026 adjusted EPS guidance.
Baupost's Stake: $373,301,000
Elevance Health (NYSE:ELV) is a key holding in Klarman's portfolio. It is one of the largest health insurers in the US, serving 45.4 million members. The stock has been hammered by rising healthcare costs, disappointing government payment rates, and regulatory pressure. But the recovery appears to be gaining traction. In Q1 2026, revenue and EPS showed growth and the benefit expense ratio — which measures claims costs against premium income — improved to 86.8%, down from 90% in 2025.
A key regulatory cloud also lifted. The Centers for Medicare and Medicaid Services raised its 2027 Medicare Advantage payment rate to levels better than the market expected.
Management responded by raising full-year 2026 adjusted EPS guidance.
3 days ago
We just covered Forget AI: Legendary Value Investor Seth Klarman Is Buying These 10 Value Stocks in 2026. DNOW Inc. (NYSE:DNOW) ranks #10 (see Seth Klarman Is Buying These 5 Value Stocks in 2026).
Baupost's Stake: $43,174,000
DNOW Inc. (NYSE:DNOW) is a distributor of energy and industrial products, spun off from National Oilwell Varco in 2014. The stock is down about 9% over the past year.
Its merger with MRC Global has transformed the company into a $2.22 billion business with a diversified revenue mix across upstream energy (41%), midstream (21%), gas utilities (21%), and downstream and industrial (17%). The stock has taken a beating since the deal closed, weighed down by merger-related accounting charges and a messy Oracle ERP system conversion at legacy MRC Global. Bulls believe the selloff is an overreaction that creates a compelling entry point for long-term investors.
Key growth catalysts are building. Gas utilities are expanding capacity to meet rising energy demand, and the spike in oil prices following the Iran conflict could finally break three years of stagnant upstream spending.
Baupost's Stake: $43,174,000
DNOW Inc. (NYSE:DNOW) is a distributor of energy and industrial products, spun off from National Oilwell Varco in 2014. The stock is down about 9% over the past year.
Its merger with MRC Global has transformed the company into a $2.22 billion business with a diversified revenue mix across upstream energy (41%), midstream (21%), gas utilities (21%), and downstream and industrial (17%). The stock has taken a beating since the deal closed, weighed down by merger-related accounting charges and a messy Oracle ERP system conversion at legacy MRC Global. Bulls believe the selloff is an overreaction that creates a compelling entry point for long-term investors.
Key growth catalysts are building. Gas utilities are expanding capacity to meet rising energy demand, and the spike in oil prices following the Iran conflict could finally break three years of stagnant upstream spending.
3 days ago
We just covered Forget AI: Legendary Value Investor Seth Klarman Is Buying These 10 Value Stocks in 2026. Norwegian Cruise Line Holdings (NYSE:NCLH) ranks #9 (see Seth Klarman Is Buying These 5 Value Stocks in 2026).
Baupost's Stake: $67,881,000
Norwegian Cruise Line Holdings (NYSE:NCLH) trades at roughly 9x EV/EBITDA and less than 10x forward earnings. This shows a discount to peers like Royal Caribbean and Carnival, which trade at higher multiples.
In Q1 2026, NCLH returned to profitability with revenue of $2.33 billion and net income of $104.67 million versus a loss a year earlier. Occupancy is expected to exceed 104% in 2026, and Norwegian Cruise Line Holdings' (NYSE:NCLH) luxury brands continue to see healthy demand. Broader cruise bookings are holding up well across the industry.
The debt load has been the biggest concern hanging over the stock. But most of that debt does not mature until 2030, giving management several years to improve cash flow and reduce leverage. Capital spending is also expected to decline significantly after 2027, potentially freeing up nearly $1 billion annually for debt reduction.
Baupost's Stake: $67,881,000
Norwegian Cruise Line Holdings (NYSE:NCLH) trades at roughly 9x EV/EBITDA and less than 10x forward earnings. This shows a discount to peers like Royal Caribbean and Carnival, which trade at higher multiples.
In Q1 2026, NCLH returned to profitability with revenue of $2.33 billion and net income of $104.67 million versus a loss a year earlier. Occupancy is expected to exceed 104% in 2026, and Norwegian Cruise Line Holdings' (NYSE:NCLH) luxury brands continue to see healthy demand. Broader cruise bookings are holding up well across the industry.
The debt load has been the biggest concern hanging over the stock. But most of that debt does not mature until 2030, giving management several years to improve cash flow and reduce leverage. Capital spending is also expected to decline significantly after 2027, potentially freeing up nearly $1 billion annually for debt reduction.
3 days ago
We just covered Forget AI: Legendary Value Investor Seth Klarman Is Buying These 10 Value Stocks in 2026. Molina Healthcare (NYSE:MOH) ranks #8 (see Seth Klarman Is Buying These 5 Value Stocks in 2026).Baupost's Stake: $84,460,000Molina Healthcare (NYSE:MOH) is a managed care company focused on government-sponsored health programs — Medicaid, Medicare, and the ACA Marketplace. Its moat lies in long-standing state government contracts, deep expertise serving low-income populations, and an infrastructure built specifically around Medicaid managed care.The stock has been hammered amid Medicaid rate adjustments and elevated medical costs. But bulls argue this is a cyclical trough, not a structural problem. Medicaid managed care has a well-documented cycle — costs overshoot state reimbursement rates, companies take losses, states adjust rates higher, and margins recover. Molina Healthcare's (NYSE:MOH) CEO has explicitly called 2026 the margin trough.Q1 2026 provided the first hard evidence of recovery. Adjusted EPS came in at $2.35, crushing the $1.29 consensus, sending the stock up 15% in a day. Bank of America issued a rare double upgrade to Buy, lifting its price target to $250 and projecting EPS could reach $30 by 2029 — nearly twice the Street consensus of $17.32.
While we acknowledge the potential of MOH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
While we acknowledge the potential of MOH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
3 days ago
By Naomi Rovnick
LONDON, June 9 (Reuters) - Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.-Iran war pushing stocks and bonds into a tailspin.
Global equities hit an all-time peak on June 3, suffered their worst day since October two days later, and have spent this week reversing course constantly in line with U.S. President Donald Trump's volatile rhetoric about Iran and rapidly shifting bets about when the Strait of Hormuz shipping route might reopen.
"Most investors have been running with the **** umption that within less than three months we reach a reopening of the strait," Lombard Odier Investment Managers' head of macro and multi-asset portfolio manager Florian Ielpo said.
"If we move to expecting oil prices of $95 or more for many more months, that would be a complete change of view and a stagflation outlook," he added. "The market is walking a narrow line."
LONDON, June 9 (Reuters) - Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.-Iran war pushing stocks and bonds into a tailspin.
Global equities hit an all-time peak on June 3, suffered their worst day since October two days later, and have spent this week reversing course constantly in line with U.S. President Donald Trump's volatile rhetoric about Iran and rapidly shifting bets about when the Strait of Hormuz shipping route might reopen.
"Most investors have been running with the **** umption that within less than three months we reach a reopening of the strait," Lombard Odier Investment Managers' head of macro and multi-asset portfolio manager Florian Ielpo said.
"If we move to expecting oil prices of $95 or more for many more months, that would be a complete change of view and a stagflation outlook," he added. "The market is walking a narrow line."
3 days ago
A hot inflation reading for May released Wednesday morning reinforces that the Federal Reserve will maintain interest rates next week. Rates will likely remain on hold until there's evidence that inflation is receding.
The Consumer Price Index rose 4.2% in May, in line with expectations, compared with 3.8% in April. The increase was again driven by energy prices due to the conflict in the Middle East, which accounted for 60% of the rise in inflation. Food and shelter prices also pushed up inflation last month.
Stripping out volatile energy and food prices, "core" inflation ticked up to 2.9% from 2.8% in April, also in line with expectations. Month over month, core inflation rose 0.2%, below expectations for a rise of 0.3% and down from 0.4% in April.
Officials are closely watching whether higher energy prices are becoming embedded in core inflation. So far, core prices have not jumped at the same level as energy prices. Still, core inflation ticked up and is roughly a full percentage point above the Fed's 2% inflation goal.
Read more: How to protect your savings against inflation
The Consumer Price Index rose 4.2% in May, in line with expectations, compared with 3.8% in April. The increase was again driven by energy prices due to the conflict in the Middle East, which accounted for 60% of the rise in inflation. Food and shelter prices also pushed up inflation last month.
Stripping out volatile energy and food prices, "core" inflation ticked up to 2.9% from 2.8% in April, also in line with expectations. Month over month, core inflation rose 0.2%, below expectations for a rise of 0.3% and down from 0.4% in April.
Officials are closely watching whether higher energy prices are becoming embedded in core inflation. So far, core prices have not jumped at the same level as energy prices. Still, core inflation ticked up and is roughly a full percentage point above the Fed's 2% inflation goal.
Read more: How to protect your savings against inflation
3 days ago
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3 days ago
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3 days ago
What happened: Supermicro Computer (SMCI) stock tumbled as much as 13% at the open on Wednesday.
What's behind the move: The AI server maker announced plans to raise approximately $7 billion through a combination of equity and equity-linked financing.
Supermicro said the capital will be used to purchase components to fulfill roughly $39 billion in AI server orders it received in recent weeks.
The move highlights the strong demand for AI-related hardware but also raises concerns about shareholder dilution.
Shares of Supermicro extended declines from Tuesday, when the stock dropped 12%. Year to date, the stock is still up 13% amid a boom in AI server demand.
What's behind the move: The AI server maker announced plans to raise approximately $7 billion through a combination of equity and equity-linked financing.
Supermicro said the capital will be used to purchase components to fulfill roughly $39 billion in AI server orders it received in recent weeks.
The move highlights the strong demand for AI-related hardware but also raises concerns about shareholder dilution.
Shares of Supermicro extended declines from Tuesday, when the stock dropped 12%. Year to date, the stock is still up 13% amid a boom in AI server demand.
3 days ago
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3 days ago
By Alex Lawler
LONDON, June 10 (Reuters) - OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective closure of the Strait of Hormuz slashed exports by other Gulf producers.
Output by the 11-member Organization of the Petroleum Exporting Countries fell by 1.06 million barrels per day month-on-month to 16.13 million bpd, the survey found.
That was the lowest monthly figure since at least 2000, according to Reuters surveys, and well below the levels seen during the COVID-19 pandemic in 2020 when demand collapsed.
The figures exclude the United Arab Emirates which quit OPEC as of May 1.
LONDON, June 10 (Reuters) - OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective closure of the Strait of Hormuz slashed exports by other Gulf producers.
Output by the 11-member Organization of the Petroleum Exporting Countries fell by 1.06 million barrels per day month-on-month to 16.13 million bpd, the survey found.
That was the lowest monthly figure since at least 2000, according to Reuters surveys, and well below the levels seen during the COVID-19 pandemic in 2020 when demand collapsed.
The figures exclude the United Arab Emirates which quit OPEC as of May 1.
3 days ago
Nvidia (NASDAQ: NVDA) has long been considered the industry standard for artificial intelligence (AI) computing stocks. Since 2023, it has been an amazing performer and has delivered strong, market-crushing returns for shareholders. However, 2026 hasn't been so kind.
Nvidia's stock is up about 12% this year, which isn't a bad return, but it's only beating the S&P 500 (SNPINDEX: ^GSPC) by a few percentage points (the index is up about 8% so far). Investors are used to much stronger double-digit percentage returns from Nvidia, leaving many investors disappointed in its 2026 results, especially when other stocks like Micron (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) have crushed Nvidia and the market so far in 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Micron is up 228% in 2026, while Sandisk is up nearly 600%. Those are returns that Nvidia investors can only dream about, but could that continue throughout 2026? Let's take a look.
Both Micron and Sandisk are involved in the memory chip sector. Although Micron makes both NAND and DRAM memory, Sandisk only makes NAND. NAND demand from an AI perspective mostly comes from solid-state drives (SSDs), which are used for long-term data storage in data centers. DRAM is used in computing chips as these devices need to rapidly pull from a memory bank to process computations quickly. Demand far outpaces supply for both memory chip types, causing prices to soar. This effect has led to a boom in both stocks, and that growth may not slow down for a while.
Nvidia's stock is up about 12% this year, which isn't a bad return, but it's only beating the S&P 500 (SNPINDEX: ^GSPC) by a few percentage points (the index is up about 8% so far). Investors are used to much stronger double-digit percentage returns from Nvidia, leaving many investors disappointed in its 2026 results, especially when other stocks like Micron (NASDAQ: MU) and Sandisk (NASDAQ: SNDK) have crushed Nvidia and the market so far in 2026.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Micron is up 228% in 2026, while Sandisk is up nearly 600%. Those are returns that Nvidia investors can only dream about, but could that continue throughout 2026? Let's take a look.
Both Micron and Sandisk are involved in the memory chip sector. Although Micron makes both NAND and DRAM memory, Sandisk only makes NAND. NAND demand from an AI perspective mostly comes from solid-state drives (SSDs), which are used for long-term data storage in data centers. DRAM is used in computing chips as these devices need to rapidly pull from a memory bank to process computations quickly. Demand far outpaces supply for both memory chip types, causing prices to soar. This effect has led to a boom in both stocks, and that growth may not slow down for a while.
3 days ago
SpaceX is not public yet, but retail traders may already be making room for it.
Retail selling across single stocks just hit the heaviest level since November 2023, according to the latest note from Vanda Research, with pressure concentrated in semiconductor names including Micron (MU) and Sandisk (SNDK).
At the same time, retail buying of ****** e stocks has reached its highest level since December 2024.
That does not mean investors are dumping chips to buy ****** eX. Broadcom (AVGO) and Marvell (MRVL) are still drawing retail buying, according to Vanda, making this less a broad semiconductor exit than a test of where retail attention goes next.
The concern is that the next wave of mega-IPOs could drain cash from the trades that have already run. That fear showed up in the tape Tuesday, when the Philadelphia Semiconductor Index (^SOX) sank nearly 9% at the lows before a late-day rally cut the loss to 1.9% by the close.
Retail selling across single stocks just hit the heaviest level since November 2023, according to the latest note from Vanda Research, with pressure concentrated in semiconductor names including Micron (MU) and Sandisk (SNDK).
At the same time, retail buying of ****** e stocks has reached its highest level since December 2024.
That does not mean investors are dumping chips to buy ****** eX. Broadcom (AVGO) and Marvell (MRVL) are still drawing retail buying, according to Vanda, making this less a broad semiconductor exit than a test of where retail attention goes next.
The concern is that the next wave of mega-IPOs could drain cash from the trades that have already run. That fear showed up in the tape Tuesday, when the Philadelphia Semiconductor Index (^SOX) sank nearly 9% at the lows before a late-day rally cut the loss to 1.9% by the close.
3 days ago
Stock market investors often have to make a trade-off between stability and growth. That's because the fastest-growing companies often have riskier business models, which leads to more volatility. That said, Walmart (NASDAQ: WMT) has recently begun turning this axiom on its head.
Shares in the blue-chip retailer have risen by an impressive 401% over the past 10 years, far outpacing the S&P 500's return of just 251%. And while the company has practically no exposure to glamorous growth opportunities such as generative AI, its massive scale and booming e-commerce business have helped keep its stock relevant.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Let's dig deeper to decide whether Walmart still has millionaire-maker potential.
It's hard to think of a more stable and established American business than Walmart. Since its founding in 1962, the big-box retailer has leveraged its immense scale and distribution networks to offer unparalleled selection and low prices to consumers all over the country.
Shares in the blue-chip retailer have risen by an impressive 401% over the past 10 years, far outpacing the S&P 500's return of just 251%. And while the company has practically no exposure to glamorous growth opportunities such as generative AI, its massive scale and booming e-commerce business have helped keep its stock relevant.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Let's dig deeper to decide whether Walmart still has millionaire-maker potential.
It's hard to think of a more stable and established American business than Walmart. Since its founding in 1962, the big-box retailer has leveraged its immense scale and distribution networks to offer unparalleled selection and low prices to consumers all over the country.
3 days ago
By Robert Harvey
LONDON, June 10 (Reuters) - Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities muddied direction and investors weighed lower Chinese demand with global inventory draws.
Brent futures were down 25 cents, or 0.23%, at $91.24 a barrel at 1008 GMT, while U.S. West Texas Intermediate crude was down 14 cents, or 0.16%, at $88.06 a barrel.
Prices earlier traded higher on renewed strikes by the United States and Iran, before retreating towards the previous session's close.
Global stock draws are underpinning prices, but lower Chinese crude oil imports are helping to keep a ceiling on prices, as is a limited flow of shipping through the Strait of Hormuz, PVM analyst Tamas Varga said.
LONDON, June 10 (Reuters) - Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities muddied direction and investors weighed lower Chinese demand with global inventory draws.
Brent futures were down 25 cents, or 0.23%, at $91.24 a barrel at 1008 GMT, while U.S. West Texas Intermediate crude was down 14 cents, or 0.16%, at $88.06 a barrel.
Prices earlier traded higher on renewed strikes by the United States and Iran, before retreating towards the previous session's close.
Global stock draws are underpinning prices, but lower Chinese crude oil imports are helping to keep a ceiling on prices, as is a limited flow of shipping through the Strait of Hormuz, PVM analyst Tamas Varga said.
3 days ago
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3 days ago
Oracle (ORCL) will report its fourth quarter earnings after the bell on Wednesday, amid recent AI trade fluctuations and as Anthropic (ANTH.PVT) and OpenAI (OPAI.PVT) set up their initial public offerings.
The cloud services and infrastructure provider counts OpenAI among its most important customers.
The Sam Altman-helmed AI startup signed a $300 billion, five-year deal with Oracle in 2025, which serves as the linchpin of its AI efforts.
For the fourth quarter, Oracle is expected to report earnings per share (EPS) of $1.97 on revenue of $19 billion, according to a Bloomberg ******* yst consensus. That would be an improvement from the $1.70 and $15.9 billion the company reported in the same period a year ago.
Oracle's broader Cloud business, which includes Cloud Applications and Cloud Infrastructure, is expected to reach $9.99 billion.
The cloud services and infrastructure provider counts OpenAI among its most important customers.
The Sam Altman-helmed AI startup signed a $300 billion, five-year deal with Oracle in 2025, which serves as the linchpin of its AI efforts.
For the fourth quarter, Oracle is expected to report earnings per share (EPS) of $1.97 on revenue of $19 billion, according to a Bloomberg ******* yst consensus. That would be an improvement from the $1.70 and $15.9 billion the company reported in the same period a year ago.
Oracle's broader Cloud business, which includes Cloud Applications and Cloud Infrastructure, is expected to reach $9.99 billion.
3 days ago
The 2026 FIFA World Cup is set to make a historic return to North America, taking place from June 11 to July 19 across Canada, Mexico, and the United States.
This edition will usher in a groundbreaking new tournament format, expanding from 32 to 48 participating teams.
The revamped format is designed to foster greater global inclusion, enabling 16 more nations to participate compared to the 2022 World Cup in Qatar.
For the first time, the group stage will comprise 12 groups of four teams each. This expansion will see the total number of matches soar to 104, a significant increase of 40 games from the previous edition.
With the addition of 16 teams, the path to the knockout stage has also evolved. The top two teams from each of the 12 groups, along with the eight best third-placed teams, will progress to the newly expanded round of 32. This format gives more nations a realistic shot at advancing deep into the tournament.
This edition will usher in a groundbreaking new tournament format, expanding from 32 to 48 participating teams.
The revamped format is designed to foster greater global inclusion, enabling 16 more nations to participate compared to the 2022 World Cup in Qatar.
For the first time, the group stage will comprise 12 groups of four teams each. This expansion will see the total number of matches soar to 104, a significant increase of 40 games from the previous edition.
With the addition of 16 teams, the path to the knockout stage has also evolved. The top two teams from each of the 12 groups, along with the eight best third-placed teams, will progress to the newly expanded round of 32. This format gives more nations a realistic shot at advancing deep into the tournament.
3 days ago
A powerful earthquake measuring magnitude 7.8 shook the Philippines while triggering three-foot tsunami waves along the coast. At least 19 people have been killed. Among the areas hardest hit is the southern port city of General Santos where several buildings collapsed. NBC's Janis Mackey Frayer reports for TODAY.
3 days ago
MCKINNEY, Texas (AP) — A Texas teenager who fatally stabbed a 17-year-old track athlete from a rival team during a high school meet was convicted of murder and sentenced to 35 years in prison on Tuesday in a case that drew wide attention beyond the booming Dallas suburb where they were students. A jury rejected Karmelo Anthony's claims of self-defense during a confrontation with Austin Metcalf in stadium bleachers last year. Most people who testified were students who described a heated exchange over Anthony's refusal on a rainy spring day to leave a tent that belonged to Metcalf's team.
Anthony, now 19, did not testify at trial and only his mother took the stand during the sentencing phase, telling jurors her son was sorry.
Notoriety about the case spread, in part, because of a flood of social media posts that amplified the killing in racial terms. Anthony is Black; Metcalf was white. Lawyers on both sides, however, told jurors that the tragedy had nothing to do with race.
Jeff Metcalf, Austin's father, had also denounced those who sought to stoke racial divisions after his son was killed. A year later, he said again in a Collin County courtroom that it was never about race while his voice swelled with anger over the death of his son.
"You failed your parents, you failed yourself and you failed society," said Metcalf, looking at Anthony after the teenager was sentenced.
Anthony, now 19, did not testify at trial and only his mother took the stand during the sentencing phase, telling jurors her son was sorry.
Notoriety about the case spread, in part, because of a flood of social media posts that amplified the killing in racial terms. Anthony is Black; Metcalf was white. Lawyers on both sides, however, told jurors that the tragedy had nothing to do with race.
Jeff Metcalf, Austin's father, had also denounced those who sought to stoke racial divisions after his son was killed. A year later, he said again in a Collin County courtroom that it was never about race while his voice swelled with anger over the death of his son.
"You failed your parents, you failed yourself and you failed society," said Metcalf, looking at Anthony after the teenager was sentenced.
3 days ago
What happened: Marvell Technology (MRVL) stock surged more than 9% on Monday.
What's behind the move: The semiconductor company, listed on Nasdaq, will officially join the S&P 500 (^GSPC) index on June 22.
Monday morning's gains put Marvell on track to recover much of Friday's losses following a market-wide sell-off. Marvell stock has rallied sharply in recent weeks, fueled in part by comments from Nvidia (NVDA) CEO Jensen Huang, who described the chipmaker as "the next trillion-dollar company.
What else you need to know: The custom chipmaker's market cap sat at around $230 billion on Monday, with shares up nearly 240% year to date.
What's behind the move: The semiconductor company, listed on Nasdaq, will officially join the S&P 500 (^GSPC) index on June 22.
Monday morning's gains put Marvell on track to recover much of Friday's losses following a market-wide sell-off. Marvell stock has rallied sharply in recent weeks, fueled in part by comments from Nvidia (NVDA) CEO Jensen Huang, who described the chipmaker as "the next trillion-dollar company.
What else you need to know: The custom chipmaker's market cap sat at around $230 billion on Monday, with shares up nearly 240% year to date.
3 days ago
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3 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Blue Cash Everyday® Card from American Express and the Blue Cash Preferred® Card from American Express both offer solid rewards on everyday purchases and some excellent new-cardholder incentives.
But depending on how you spend your money, one may have a clear edge over the other. Here's what you need to know about both cards to help you determine which one is right for you.
The Amex Blue Cash Everyday has a $0 annual fee. Compare that to the Amex Blue Cash Preferred, which has a $0 annual fee for the first year, after which it will cost $95 annually.
If you want to avoid an annual membership fee for the long-term, the Amex Blue Cash Everyday is the better option.
The Blue Cash Everyday® Card from American Express and the Blue Cash Preferred® Card from American Express both offer solid rewards on everyday purchases and some excellent new-cardholder incentives.
But depending on how you spend your money, one may have a clear edge over the other. Here's what you need to know about both cards to help you determine which one is right for you.
The Amex Blue Cash Everyday has a $0 annual fee. Compare that to the Amex Blue Cash Preferred, which has a $0 annual fee for the first year, after which it will cost $95 annually.
If you want to avoid an annual membership fee for the long-term, the Amex Blue Cash Everyday is the better option.
