Author: Editor-In-Chief
AP — Britain and its allies risk losing cyberspace conflicts with adversaries such as Russia unless people, businesses and governments address cybersecurity more urgently, Britain’s intelligence chief has warned. Ann Keast Butler, head of communications intelligence agency GCHQ, will warn on Wednesday that the Russian government is “relentlessly targeting critical infrastructure, democratic processes, supply chains and public trust” in the UK and Europe. In a speech at a World War II code-breaking center near London, she will accuse Russia of stealing technology and plotting sabotage and assassinations. Keast-Butler will say that rapid advances in artificial intelligence mean “the ground beneath…
Shayda Frost and Timothy Amoui sometimes joke that they work in “innovative real estate.” After all, as Frost puts it, a burial ground is essentially “a very, very small piece of land that you own forever.” Frost, 39, and Amoui, 36, are owners of Lincoln Memorial Group, a cemetery company that operates four cemeteries in Atlanta. The company had revenue of about $6.3 million and net income of about $1.7 million in 2025, according to documents reviewed by CNBC Make It. The business brought in an average of nearly $6 million annually from 2021 to 2025. Although running a cemetery…
summary Chinese dissidents undertake a 30-hour boat trip from China to South Korea. Kouhei Higashi, 68, took a small boat after four failed attempts to reunite with his family. Supporters are calling on South Korea to protect him and not send him back to China. AI-generated summaries were reviewed by CNN editors. A Chinese dissident has made a daring 30-hour sea journey from China to South Korea, marking his fourth attempt to escape authorities in his homeland and reunite with his family, who have been granted asylum in Canada. Higashi Kohei, a former police officer who faced years of imprisonment…
John Maynard Keynes famously said, “Markets can remain irrational longer than they can remain solvent.”This is good advice for anyone looking to short a chip stock simply based on price movement.I especially like chip stocks, which are surging. Marvell Technology (MRVL). The AI infrastructure story is real, the custom silicon wins are real, and the stock’s leadership reflects true fundamental momentum. But after the bell rings, leading up to Tuesday’s earnings call, I’m not following it.MRVL sits at the intersection of hyperscaler capex and custom ASIC demand. These are two of the strongest long-term tailwinds in technology. Institutional money has…
Pope Leo XIV held his weekly general audience in St. Peter’s Square in Vatican City on June 11, 2025.Massimo Varricchia | Null Photo | Getty ImagesPope Leo warned over the weekend that mass unemployment due to the introduction of artificial intelligence technology could lead to a “social disaster”. Prediction market traders seem to think the concerns are not misplaced.In his first encyclical, a teaching document by the leaders of the Catholic Church, Pope Leo called on the world to regulate AI. He also warned of the potential impact on the labor market. “The pursuit of the greater good cannot justify…
Analysts say SK Hynix’s ferocious rally could continue, even after the South Korean memory chip giant soared more than 250% this year on rising demand for artificial intelligence. SK Hynix’s market capitalization has surpassed $1 trillion as investors flock to the company seen as the main beneficiary of the global race for high-bandwidth memory chips used in AI servers. “The fundamentals and valuations of the two twin towers still appear to be largely intact,” Peter Kim, global investment strategist at KB Securities, told CNBC’s “Squawk Box Asia”, referring to SK Hynix and Samsung Electronics. But some strategists argued that despite…
Ken Paxton defeated John Cornyn in the Texas election, and November’s election could decide control of the U.S. Senate.Texas Attorney General Ken Paxton, backed by President Donald Trump, defeated four-term Sen. John Cornyn in the Republican Senate primary runoff, according to US media projections.The results, released by Fox News and CNN shortly after polls closed on Tuesday, underscored Trump’s continued influence over the Republican Party and dealt a major blow to the party’s establishment in Washington, D.C.Recommended stories list of 4 itemsend of listCornyn, a longtime establishment conservative and former Republican, has represented Texas in the Senate since 2002 and…
Space stocks are on a recent rally following the Memorial Day holiday, fueled by enthusiasm surrounding SpaceX’s initial public offering (IPO), which was formally filed last week. Retail traders are rushing into space stocks and ETFs ahead of an estimated trillion-dollar IPO, with investors trying to find beneficiaries and proxies for what could be the largest initial public offering in history. Although the number of publicly traded space-focused companies is limited, enthusiasm is growing among individual investors who want a piece of the space economy. The VanEck Space ETF (WARP) is up 24% in just five days, with holdings like…
Here we will introduce companies that have become a hot topic in intraday trading. Micron Technology — Shares soared nearly 18% to new highs, pushing the company’s market cap to $1 trillion. UBS raised its price target on the stock to $1,625 from $535, suggesting the stock could more than double from Friday’s closing price. The stock price has increased over 800% in the past 12 months. Semiconductors — Chip stocks rose on Tuesday, with the VanEck Semiconductor ETF (SMH) rising more than 3% to a new 52-week high. On Semiconductor’s stock rose nearly 9%, and Western Digital’s stock also…
The SK Hynix logo will be displayed on the glass wall during the 2026 World IT Show to be held in Seoul on April 22, 2026. Jung Young Jae | AFP | Getty ImagesSK Hynix stock rose as much as 11% on Wednesday, pushing the South Korean chipmaker’s market capitalization above $1 trillion as investors continued to flock to artificial intelligence-related semiconductor stocks.SK Hynix’s share price has soared about 250% since the beginning of the year, fueled by a surge in demand for high-bandwidth memory chips used in AI servers and accelerators, further extending the stock rally. The company has…