Israel announces major expansion of settlements in occupied West Bank – BBC
Israel announces major expansion of settlements in occupied West Bank – BBC
Israel announces major expansion of settlements in occupied West Bank BBCReports: New US outline would see 10 live hostages freed, 60-day truce, option for war to resume The Times of IsraelIsrael authorizes more settlements in the occupied West Bank. Strikes on Gaza kill 13, officials say AP NewsGov’t approves establishment of 22 new West Bank settlements The Jerusalem PostIsrael announces new West Bank settlements despite sanctions threat USA Today
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Now-cancelled ****** Panther game would reportedly have had T’challa’s son taking on the Skrull
Now-cancelled ****** Panther game would reportedly have had T’challa’s son taking on the Skrull
Concept art and story details from the now-cancelled EA ****** Panther game have seemingly emerged.
The game, which was in development at the now-shuttered Cliffhanger Games, would have seen players taking on the role of T’Challa’s son, according to an X user citing a survey held by EA.
User @notfunEman also posted several pieces of concept art for the game, and some story details. The game would have seen players taking on the role of Azari, T’Challa’s son.
Azari, who was reportedly one of several playable characters in the game, fights T’Challa in ritual combat to begin the story, but would have been interrupted by the Skrull invading Wakanda and kidnapping T’Challa.
Little was known about the game, which has been in development for several years. Director Kevin Stephens, who previously worked on Middle-earth: Shadow of Mordor and Middle-earth: Shadow of War, said last year: “We want our game to enable players to feel what it’s like to be worthy of the ****** Panther mantle in unique, story-driven ways, and we want Cliffhanger Games to empower everyone on our team as we collaborate to bring this amazing world to life.”
It emerged this week that the game has now been cancelled, and that EA is closing down the studio that was formed to work on the project.
According to a report from IGN, the publisher has shut down Cliffhanger Games, and is attempting to place affected staff in other roles across the company.
The report says EA will also be laying off other staff on its mobile and central teams, in a round of layoffs separate to those last month which saw 300-400 staff laid off across EA, including 100 at Apex Legends studio Respawn Entertainment.
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AI compliance: Dealing with data change and proliferation
AI compliance: Dealing with data change and proliferation
In this podcast, we talk to Mathieu Gorge, CEO of Vigitrust, about the compliance risks posed by data during artificial intelligence (AI) processing, and training in particular. The key challenges here are that as datasets are trained, more data is created, and it can be difficult to ensure that data is also compliant, especially as it proliferates.
Here, Gorge talks about the need to know what’s being fed into AI, what comes out, where it goes, who has access to it and how it’s stored, and whether it is compliant.
He also deals with the security and compliance frameworks that can be used and the need to build AI compliance into organisational security culture.
What’s the latest on AI and compliance, with reference to storage and backup, that a CIO needs to know about?
As you know, AI adoption is really growing everywhere and we’ve seen the EU deploying some AI regulations.
We’ve also seen some frameworks adapting to AI, for instance NIST that has an AI framework. We’ve seen some security associations pushing for their own standards. I can think of the Cloud Security Alliance, but also working groups from ISSA, from Isaca, all of them providing guidance.
I think that what we need to consider is that we are most likely going to see more AI-related regulation. Some of it will be national, some of it will be federal, some of it will be international, a little bit like what we’ve seen with privacy. And it’s important to draw a comparison between the evolution of cyber security standards and AI standards, governance standards.
At the beginning, about 25 years ago, there were about 100 standards on network security, IT security and data security. And nowadays we only dial back to about five or six, like HIPAA, PCI, NIST, ISO, CIS and so on. My hope is that we’re going to do the same with AI, but in a faster way, so that we can concentrate on managing AI deployments from a data classification, data privacy and storage perspective.
If you look at the fundamentals, what is AI governance really? AI governance as regulated in the US, the EU and other countries is really about saying: “Well, we’ve got this new way of processing data. So, we need to understand where the data is coming from. Do we have the authority to actually use that data and put it into an AI system to treat it for whatever purpose we treat it?”
The data comes in in a particular form.
[Questions include:]
Does it come out [of AI processing] in a different kind of data form, data file or whatever?
Is that putting us out of compliance?
Is that facilitating compliance?
Do we have safeguards around who’s accessing the data?
Do we have safeguards around how we store that data?
How long do we need to keep it?
How long will we need to report on that data, depending on where we’re based?
When we store that data, where is it supposed to be stored?
So, the issue with AI is that as we deploy more AI systems, we essentially multiply the data a lot more than we used to. And so, we’re creating a lot more data than we used to and that data needs to be stored somewhere.
And it needs to be stored in a way that doesn’t put you out of compliance. So, you need to watch your AI ecosystem and regulate how the data comes in, how it goes out, who’s got access to it and where you store it.
How should the CIO approach the job of ensuring compliance for AI operations in their organisation, given the potential scope for complexity?
I think the CIO’s role should be to understand what kind of information goes into AI. At the end of the day, the chief information officer is responsible for managing the information that comes into the systems, that goes out, that can be accessed by third parties, how it can be accessed and so on. And so, I would highly recommend that any CIO works in conjunction with their CSO or their security team and looks at global AI regulation and policy.
And I would highly recommend looking at the IAPP, the International Association of Privacy Professionals. Their website has an AI law and policy tracker that can allow you to understand the various frameworks and their requirements in terms of data classification, data deployment, storage and compliance requirements.
If you are pushing AI solutions and AI deployments, you need to push a culture of adoption for those systems, but you also need to push a culture of data management, information management and security with that. Otherwise, you will fall out of compliance
Mathieu Gorge, Vigitrust
The next thing to do is to make sure that when you do training for your staff, as they roll out more and more AI-based systems that allow them to be more efficient and more productive, they also understand the risks with AI.
The same way as we train them for email, for social networking, for other stuff, the CIO should be pushing, at board level, the concept of integrating AI, not just in the business culture of the organisation, but also in the security and information and data management culture of the system.
In other words, if you are pushing AI solutions and AI deployments, you need to push a culture of adoption for those systems, but you also need to push a culture of data management, information management and security with that. Otherwise, you will fall out of compliance.
So again, look at your ecosystem, how you intend to use AI for various business reasons across multiple systems, look at an AI policy tracker somewhere, and then try to apply that to your policy so that it quickly becomes part of the DNA of your organisation.
Because AI is going to continue to be deployed. There are going to be more and more AI-based solutions that will benefit the business.
The question is, will it benefit your data management? Will it make it more complicated? Potentially, if you don’t manage it, but if you use good AI governance frameworks, and if you try to distil them down to what matters to your organisation, you’re then on to a good strategy for AI deployment and AI compliance.
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Greggs sausage roll immortalised at Madame Tussauds wax museum
Greggs sausage roll immortalised at Madame Tussauds wax museum
A sculpture of a Greggs sausage roll is to be unveiled at Madame Tussauds waxworks museum.
The world-famous attraction has said the pastry-cloaked processed meat cylinder is the first food item to go on display in its own right.
It elevates the snack to the level of a British cultural icon, sitting along celebrities such as Shakespeare and David Attenborough.
Greggs said the company sells one million of the rolls every day.
Jo Kinsey is studio manager at the museum and oversees a team of artists responsible for creating and maintaining the lifelike models.
She said the Greggs sausage roll was “synonymous with British culture – we just had to put it in our culture zone”.
She added the artists had put in “numerous” hours to capture every detail of the popular menu item.
“We took the process very seriously, making this creation the same way we make all our figures at the attraction,” she said.
“We can’t wait for guests to be stopped in the tracks at the lifelike sausage roll – just in time for National Sausage Roll Day.”
It will become a temporary exhibit at Madame Tussauds’ in Baker Street on 5 June, where it will remain on display for the rest of the month.
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Chie voice actor says she won’t reprise her role in the Persona 4 remake
Chie voice actor says she won’t reprise her role in the Persona 4 remake
Another voice actor has claimed that they won’t be a part of the currently unannounced Persona 4 remake.
On Wednesday, actor Yuri Lowenthal announced that he won’t be part of the long-rumored remake, despite his desire to reprise his role as Yosuka Hanamura. In a post on Bluesky, Lowenthal wrote: “And for those who keep asking, no, I will not be returning as Yosuke for the Persona 4 remake. I asked. Maybe I even begged, but they don’t want me to come back.”
Now, a second actor, this time Erin Fitzgerald, has claimed that she also won’t be a part of the game.
“For those asking, I have not been asked to reprise my role as Chie Satonaka in the Persona 4 remake,” Fitzgerald wrote on Bluesky.
“RIP. I am blessed to have recorded as many Persona 4 games as I did playing her.”
Neither ***** nor Atlus has announced a remake of Persona 4, but reports have persisted for some time that one is currently in development. The last Atlus remake, Persona 3 Reload, was released in 2024, where it was met with critical and fan acclaim.
Persona 4 was released in 2008 on the PlayStation 2, making it one of the final significant releases for the system. The game eventually came to PS3 as a PS2 classic in 2014, but a native PS3 version was never released due to Atlus focusing its resources on Persona 5.
A special edition re-release of the game called Persona 4: Golden was released on PlayStation Vita in 2012. This new version, which included new content and two new social links, was very well-received when it was released and remains one of the Vita’s best-reviewed and best-selling titles.
Persona 4 Golden was released on PC in 2020, and was eventually ported to Switch, PS4, Xbox One and Xbox Series X/S in 2023.
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The Perfect Timing of Vail Resorts’ Returning CEO
The Perfect Timing of Vail Resorts’ Returning CEO
With a market cap of roughly $6B, Vail Resorts (NYSE:) is a leading mountain resort and regional ski areas operator in the United States and globally. The stock is up 15% today, after the company announced that Rob Katz, whose first 16-year run as CEO ended in November 2021, would return to the helm. Can today’s stock price jump give birth to a sustainable uptrend then, or is it just a dead cat bounce?
The weekly chart below gives Vail Resorts investors reasons for optimism.
November 2021, was significant for the company, not only because it changed CEOs. It was also the month in which the stock reached its all-time high of $376. In April 2025, it fell to $130, down 65% from that record. So it is fair to say that Rob Katz timed his exit perfectly in late 2021. Furthermore, the timing of his return to the top job at Vail Resorts might be just as good.
The recent two-thirds decline wasn’t a coincidence, and we doubt that whoever was CEO would’ve made a big difference. It followed a complete five-wave impulse pattern, marked I-II-III-IV-V, which began in 2003. Wave II took place during the 2008 Financial Crisis, while Wave IV culminated in the COVID-19 panic of March 2020.
According to the theory, a correction follows every impulse and usually erases the entire fifth wave. Just like it did in this case. On the other hand, once a correction is over, the preceding trend resumes. If this count is correct, new records lie ahead for Vail Resorts in the long term.
The new CEO will probably be awarded the credit as he seems to have picked the bottom just as skillfully as he timed the top in 2021.
The decline between $376 and $130 looks like a complete A-B-C zigzag correction. Wave A is a leading diagonal, followed by a triangle correction in wave B. Wave C is a textbook five-wave impulse, marked 1-2-3-4-5. Together, this correction and the impulsive uptrend that preceded it give us a textbook Elliott Wave cycle and a clear bullish setup.
We don’t know if new CEO Rob Katz uses Elliott Wave analysis, and of course, it is most likely just a coincidence, but we surely do envy his timing.
Original Post
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These MacBook Pros and iMacs could be left behind by macOS 16 – which could be called macOS 26
These MacBook Pros and iMacs could be left behind by macOS 16 – which could be called macOS 26
The new version of macOS will be revealed on June 9 at WWDC
Several older Intel-based Macs might be incompatible with it
Apple is rumored to be switching to a year-based “macOS 26” name
Apple releases a new version of its Mac operating system every year, and when that happens, there are inevitably older Macs that are no longer supported.
We’re just a week or two away from Apple unveiling its latest iOS and macOS updates at its WWDC 2025 event, and we’ve just found out exactly which Macs might be left behind.
That information comes from AppleInsider, which cites “people familiar with the matter.” These sources have revealed that a slate of Intel-based Macs will be incompatible with the forthcoming software update, meaning they’ll be stuck on older versions of Apple’s operating systems.
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Specifically, AppleInsider says the following Macs will be compatible with the next version of macOS:
MacBook Pro 2019 or later
MacBook Air M1 or later
iMac 2020 or later
Mac Pro 2019 or later
Mac mini M1 or later
Mac Studio
That means there are some notable omissions. The 2018 MacBook Pro, 2020 Intel-based MacBook Air, 2017 iMac Pro, and 2018 Mac mini all work with the current version of macOS (macOS Sequoia) but are left off AppleInsider’s list. That suggests that they won’t be able to upgrade beyond macOS Sequoia.
What’s in a name?
(Image credit: Future / Apple)
Interestingly, Bloomberg reporter Mark Gurman has also claimed that Apple is set to switch up its operating system naming conventions. Instead of the previously expected iOS 19 and macOS 16, Apple could name its platforms after the calendar year. So that means we’ll have iOS 26 and macOS 26, Gurman believes.
Alongside the name change, these operating systems are expected to come with sweeping changes to their visual styles and user interfaces, something that AppleInsider’s sources also confirmed. Unfortunately, that means that the aforementioned Macs will miss out on this new look as well.
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If you have one of the Macs that are set to miss out on macOS 26, you might want to think about upgrading. Not only will that ensure you get all the latest macOS features, but you’ll likely get hardware improvements and better battery life too.
If you’re thinking about it, our guide to the best Macs and MacBooks should help you decide which one to get.
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MARK RILEY: Demoted Coalition backbenchers making the most of their liberty to say precisely what they think
MARK RILEY: Demoted Coalition backbenchers making the most of their liberty to say precisely what they think
MARK RILEY: Demoted Coalition backbenchers are making the most of their liberty to say precisely what they think.
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My Nintendo Store ***’s Pokémon Legends Z-A pre-order bonuses have been revealed
My Nintendo Store ***’s Pokémon Legends Z-A pre-order bonuses have been revealed
Nintendo and The Pokémon Company have announced several pre-order bonuses for the upcoming Pokémon Legends Z-A
Players who pre-order the game from the *** My Nintendo Store will receive a partner Pokémon figurine featuring Chikorita, Tepig, and Totodile.
Mega Evolution, Trainer and Champion’s Choice bundles will also be available for the game, which will include pins, a baseball cap, a mug, an umbrella, and a figurine of Mega Charizard.
The Pokémon Company hasn’t specified which items come with which version of the game, but players who are interested in the bundles can sign up on the My Nintendo website to be notified when they become available. Pre-orders for the physical version of the game will open on June 11.
Pokémon Legends Z-A will be released on Nintendo Switch and Nintendo Switch 2 on October 16.
Players who buy the Switch edition in either physical or digital form will have the option to upgrade to the Switch 2 Edition of the game by buying an upgrade pack.
According to Nintendo, the Switch 2 Edition of Pokémon Legends Z-A has an improved frame rate and “higher resolution for sharper graphics”.
More information on the game, as well as other Pokémon products, will be revealed during a Pokémon Presents presentation on July 22.
“Pokémon Legends: Z-A is a new frontier for the Pokémon video game series, blending an RPG story unfolding in a single city with action elements and a real-time battle system unlike anything seen before in the franchise,” The Pokémon Company said in a statement.
“Trainers can look forward to the beginning of a new adventure in Lumiose City – one woven by people and Pokémon together.”
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Why Thematic Capex Is Fueling A New Era of Industrial Metals Demand
Why Thematic Capex Is Fueling A New Era of Industrial Metals Demand
You might have missed it with all the news/noise of this year, but if you look in the right places, you’ll find a burgeoning thematic capex ***** — and many of these themes are set to run over multiple years and at major scale.
Key Themes and Drivers of the Capex *****:
Electrification: the rise and rollout of electronic vehicles (especially in China) + the infrastructure to enable that such as charging stations, breakthroughs and scaling of battery technology + the things that enables (e.g. solar), and increased energy investment to fuel the resultant rise in demand.
Energy Transition: this spans things like smart grids and infrastructure improvement but also an apparent showdown between renewable energy and nuclear energy as the receivers of the baton from oil & gas in the great global energy transition.
Artificial Intelligence: the big thing on this front is datacenters and the energy production capacity to fuel booming electricity demand, but also likely coming next will be a ***** in production of AI-enabled devices.
Robotics: one such AI-enabled device will be an extension of the ***** in consumer robotics (beyond just robotic lawnmowers, cleaners, and toys); there are big things happening with humanoid robots and autonomous vehicles (roaming the sky, ground, water, and spaces in between, helping with all sorts of tasks), not to mention ongoing penetration of robotics into manufacturing, construction, and logistics.
‘Shoring: the three big shorings are likely to continue; reshoring (bringing manufacturing back, nearshoring (bringing manufacturing closer), friendshoring (making geopolitical-driven decisions on manufacturing location). These reflect ongoing supply chain resiliency efforts post-pandemic, along with regulatory incentives, and the harrowing geopolitical landscape.
Next-gen Manufacturing: closely related to that is next-generation manufacturing, which includes things like 3D printing and robotics —which raise the imperative for leadership in advanced manufacturing and enable reduced emphasis/constraints around labor costs.
Geopolitics/Defense: and back on geopolitics, war continues to be a racket; Europe is making a major step-up in defense spending, restocking across the world following transfers to Ukraine, maybe a “golden dome“, and future warfare R&D and rollout (including the intersection of robotics, AI, and the new realities of modern warfare; i.e. drones).
Space: on a brighter note, the emerging commercial space sector is gathering momentum; with cost to orbit and options for launch steadily improving and opening the path to increased off-world commercial activity (satellites and space stations, zero-g manufacturing, tourism, space-based resource utilization, and eventually moon/mars economy).
The reason this is interesting, aside from being just plain interesting, is the impact on commodities demand —especially industrial metals. While industrial metals tend to be very sensitive, there are clearly multiple themes and trends already in play that are set to boost demand.
Meanwhile on the supply side we’ve just been through one of the deepest and longest downturns in industrial metals & mining capex; while this is turning around, it is clear that the world is underinvesting in supply relative to what is required for all these great things outlined above (so… on that note, maybe also add capex relating to commodity exploration, production, and processing to the list!).
All of this adds up to a outlook for metals (and commodities in general). And overall it’s a reminder that there are some bright spots and out there.
Key point: There’s a multi-pronged thematic capex ***** underway.
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Endangered snow leopard cub born at Kent big cat sanctuary
Endangered snow leopard cub born at Kent big cat sanctuary
Jacob Panons
BBC News, South East
PA Media
Little Lady was born on 10 May
An animal sanctuary has announced one of its rare snow leopards has given birth to a cub after months of dedicated work.
The cub, nicknamed Little Lady, was born at The Big Cat Sanctuary in Smarden, Kent, on 10 May.
Her successful birth follows months of work by primary trainer Simon Jackaman, who built the trust necessary for mother Laila to voluntarily participate in ground-breaking ultrasound sessions.
Celebrity chef and charity ambassador Paul Hollywood said: “Laila has had a special place in my heart for many years and to see her become a mum for the fourth time is truly heart-warming.”
PA Media
Trust had to be built with mother Laila to do the ground-breaking ultrasound sessions
Little Lady weighed 630g (1.4lb) at her first health check when she was five days old.
She is just the second female snow leopard to be born at the centre, after her sister Zaya in 2023.
Mother Laila has had three previous litters with breeding partner Yarko as part of the sanctuary’s breeding programme.
Snow leopards are listed as vulnerable on the International Union for Conservation of Nature red list, with an estimated 2,700 to 3,300 mature adults remaining in the wild.
They are predicted to lose 30% of their habitat because of climate change in the next 50 to 100 years and they also face threats from poaching and the ******** wildlife trade.
“This birth is a testament to our commitment to the participation in the endangered species breeding programme and the conservation of this vulnerable species,” said Cam Whitnall, managing director of The Big Cat Sanctuary.
Additional reporting from PA Media.
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House GOP backs 23% ‘pass-through’ tax break for businesses
House GOP backs 23% ‘pass-through’ tax break for businesses
Nitat Termmee | Moment | Getty Images
How to tell if you have qualified business income
The QBI deduction applies to so-called pass-through businesses, which report profits or losses on individual tax returns.
This includes partnerships and S-corporations, along with some trusts and estates. Sole proprietors, such as freelance, contract and gig economy workers, also qualify.
For 2025, the tax break starts to phaseout when taxable income reaches $197,300 for single filers and $394,600 for married taxpayers filing jointly. The deduction can be reduced or eliminated completely, depending on your earnings and type of business (more on that below).
For tax year 2022, the most recent data available, there were roughly 25.6 million QBI deduction claims, up from 18.7 million in 2018, the first year of the tax break, according to IRS data.
However, the deduction has been controversial because “most of the benefits flow to taxpayers with a lot of income,” said Erica York, vice president of federal tax policy with the Tax Foundation’s Center for Federal Tax Policy.
“These are not taxpayers who work a W-2 job and earn a salary,” she said. “They’re business owners who receive business profits on their individual tax returns.”
How the QBI deduction could change
Currently, certain white-collar professionals — doctors, lawyers, accountants, financial advisors and others — known as a “specified service trade or business,” or SSTB, can’t claim the QBI deduction once income exceeds certain limits.
There’s also an income phaseout for non-SSTB businesses, but that doesn’t go to zero.
The House bill would change the phaseout calculation, which could provide a ******* tax break for certain SSTB owners, said certified financial planner and enrolled agent Ben Henry-Moreland, senior financial planning nerd for advisor platform Kitces.com, who analyzed the bill last week.
If enacted, the higher 23% deduction could offer “some [tax] benefit” for all income levels, but the phaseout changes would primarily benefit higher-income SSTB owners, he said.
The House proposed QBI deduction changes would be “more generous and more valuable to higher-income people, especially those in certain industries including lawyers and lobbyists,” Chye-Ching Huang, executive director of the Tax Law Center at New York University Law, wrote in early May.
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A 3600km cloud band is stretching across most of Australia – here’s what it means for you
A 3600km cloud band is stretching across most of Australia – here’s what it means for you
Off the back of a week of wet and wild weather, flood-stricken communities are being urged to prepare for record-breaking rainfall that is making its way across the country.
Satellite images show the cloud band stretches 3600km, almost the length of Australia, from Western Australia’s Kimberley Region to the Queensland and NSW borders.
The “monster” wet-weather system has already dumped record-breaking rainfall over some parts of WA and the Northern Territory, bringing with it flash flooding and abnormally chilly temperatures throughout the red centre.
Camera IconSatellite images show the cloud band stretches 3600km, almost the length of Australia, from Western Australia’s Kimberley Region to the Queensland and NSW borders. Credit: Supplied
Sky News meteorologist Alison Osborne said the system “has been feeding off moisture laden air in the tropics, stretching from WA, through to the red centre and pushing into western Queensland”, and the rainfall was “uncharacteristically heavy” for this time of year – especially with the dry season in the region beginning more than a month ago.
“The forecast shows showers likely to continue across central parts of the Northern Territory with wet weather pushing through central western Queensland in the early hours of Thursday morning,” Ms Osborne said.
This week alone, Broome received 100.6mm of rain in 24 hours – the heaviest May daily rainfall in 20 years.
Camera IconMany rural towns across the Northern Territory have been cut off by flash flooding. NewsWire / Scott Calvin Credit: News Corp Australia
New monthly records were set at Kalumburu and Wyndham, hit with 111.6mm and 54.6mm respectively.
In the NT, Katherine received 179.8mm of rain in the 24 hours to 9am on Tuesday, the wettest dry season day the town has experienced since records begun in the 1800s.
Tindal was soaked with 179.8mm, with its average May daily rainfall sitting at 2mm, while Rabbit Flat received 77.6mm.
Alice Springs recorded its heaviest May rainfall daily total since 1993, with a rainfall of 40.4mm.
Camera IconPlaces such as Taree are being urged to prepare after heavy rain hit the Northern Territory, with the rain band moving across the country. NewsWire / Scott Calvin Credit: News Corp Australia
The BOM has issued flood watches for significant portions of Central Australia with flash flooding has already cut off numerous rural towns across the NT.
The weather system is set to hit Queensland by the weekend.
“Cloudy, cool and wet describes the weather for a lot of areas along the east coast (on Friday),” the BOM’s Angus Hines said.
“Most of the rain will be between Bundaberg and Townsville, we could actually see some moderate falls around the likes of Mackay and Rockhampton, and it will be pretty wet there through most of the day.
Much of the west coast is also in for a soaking, he added.
Camera IconCommunities on the NSW Mid North Coast are only just starting to clean up after devastating floods. NewsWire / Scott Calvin Credit: News Corp Australia
“When it comes to rain though, there is something a bit more significant to talk about here, and this is bands of showers and storms moving onto the west coast,” Mr Hines said.
“(It) really could affect anyone from the Pilbara, right down through the central west, through Perth and down to the very far south west.
“When it comes to stormy conditions, storms are most likely south of Geraldton.”
It comes as NSW communities are still reeling from devastating floods that has left five people dead, more than 1000 buildings inhabitable and a further 10,000 properties damaged.
A massive clean-up blitz has begun, even as showers are expected to continue into the weekend.
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Nvidia, Salesforce, HP, Tesla and M&S
Nvidia, Salesforce, HP, Tesla and M&S
Nvidia (NVDA) stock jumped nearly 5% in pre-market trading after the chipmaker posted another blowout quarter, despite limits on how it does business in China.
The company reported revenue of $44.06bn (£32.71bn) for the quarter, beating Wall Street expectations of $43.34bn. Growth was once again driven by its data centre division, which saw sales rise 73% year-on-year. That figure fell slightly short of analyst forecasts.
Adjusted net income climbed to $19.89bn, up 31% from $15.24bn in the same ******* a year earlier. The result included a $4.5bn charge related to chips developed for the ******** market, which Nvidia can no longer sell due to tightening US export controls.
Read more: FTSE 100 LIVE: Stocks rise as US court ruling blocks Trump tariffs
For the current quarter, Nvidia projected revenue of $45bn, plus or minus 2% — slightly below analyst expectations of $45.92bn. The company said the guidance reflects an estimated $8bn in lost sales stemming from the restrictions on shipments to China.
In an interview last week, Nvidia CEO Jensen Huang said the company had already lost $15bn in sales as a result of these rules.
“The $50bn China market is effectively closed to US industry,” Huang said. “The H20 export ban ended our Hopper data center business in China. We cannot reduce Hopper further to comply.”
“We are exploring limited ways to compete, but Hopper is no longer an option,” Huang continued. “China’s AI moves on with or without US chips.”
Josh Gilbert, market analyst at investment platform Etoro, said: “In a quarter of uncertainty, Nvidia has reminded markets why it is the cornerstone of the AI revolution with another solid result and upbeat forecast.
“Investors came into this quarter looking for signs that Nvidia could alleviate short-term concerns. What they got was a clear message that demand remains robust, Blackwell is ramping up fast and these results will restore investor confidence.
“Despite the China drag, Nvidia’s top-line strength speaks for itself with $44bn in Q1 sales and another $45bn expected next quarter tells us they’re making up for the China loss elsewhere.”
Shares in Salesforce (CRM) were higher ahead of the US opening bell as the sales and customer service software maker reported upbeat fiscal first-quarter results and guidance.
Revenue for the fiscal first quarter, which ended 30 April, grew 7.6% year over year, the company said in a statement. Net income was $1.54bn, or $1.59 per share, essentially flat compared with $1.53bn, or $1.56 per share, in the same ******* last year.
For the current quarter, Salesforce projected adjusted earnings per share of $2.76 to $2.78 on revenue of $10.11bn to $10.16bn — ahead of analyst expectations. LSEG consensus had forecast $2.73 in adjusted earnings per share and $10.01bn in revenue.
Read more: Can Tesla sales recover in Europe amid Elon Musk backlash? Have your say
The company also raised its full-year guidance. It now expects adjusted earnings of $11.27 to $11.33 per share and revenue between $41.0bn and $41.3bn, implying growth of 8% to 9%. Analysts had been looking for $11.16 per share on $40.82bn in revenue. In February, Salesforce forecast adjusted earnings of $11.09 to $11.17 and revenue of $40.5bn to $40.9bn.
Salesforce reiterated its outlook for 9% growth in subscription and support revenue, with some contribution from its Agentforce product.
“Everything went well for us this quarter,” Salesforce co-founder and CEO Marc Benioff told Yahoo Finance. “We had bookings go well, revenue went well, and currency went well.”
HP (HPQ) shares fell as much as 15% in pre-market trading, standing around 7% lower at the time of writing, after the company reported a weaker-than-expected second quarter, citing the impact of increased tariff costs that dented profitability.
Revenue for the quarter rose 3.3% year over year to $13.22bn, slightly ahead of analyst expectations of $13.14bn. However, net profit fell 17% to $700m compared with the same ******* last year, missing Wall Street forecasts.
“Due to additional tariff costs that could not be fully mitigated in the quarter, our non-GAAP operating profit fell short of expectations,” HP chief executive Enrique Lores said on the company’s earnings call.
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Despite efforts to reduce its exposure to China by shifting production elsewhere, the company’s outlook and profit margins disappointed investors.
“We recently increased our production coming from Vietnam, Thailand, India, Mexico, and the US,” Lores said. “By the end of June, we now expect nearly all of our products sold in North America will be built outside of China.”
HP has been working to diversify its supply chain in response to escalating trade tensions and US tariffs on ******** imports, but the short-term financial impact of the transition continues to weigh on results.
Tesla shares rose in pre-market trading on Thursday after CEO Elon Musk officially confirmed he is stepping down from his role in the Trump administration, ending a brief and controversial stint at the helm of a government reform initiative.
In a post on his social media platform X, the world’s richest man thanked Trump for the opportunity to help run the Department of Government Efficiency, known as DOGE.
The White House began offboarding Musk late on Wednesday. His role was always intended to be temporary, but the timing of his departure — just a day after he publicly criticised a key Trump policy — has drawn attention.
He told CBS News that he was “disappointed” by the domestic policy bill that the president championed and the House passed last week.
“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,” he said.
Shares in the British retailer were lower even as a report showed that it had recorded strong food sales growth in the 12 weeks to 17 May, despite ongoing disruption from a cyberattack that affected operations across the business.
According to industry data released by NielsenIQ, M&S food sales rose 10.8% year-on-year during the *******. The retailer also increased its share of the *** grocery market by 20 basis points to 3.8%.
The pace of growth marked a slowdown from the 14.7% increase reported in NielsenIQ’s previous 12-week update, reflecting the impact of the cyber incident that forced M&S (MKS.L) to take several systems offline.
Read more: Stocks that are trending today
As part of its response to the attack, the company halted online clothing orders and experienced reduced availability in its food business — leading to higher levels of waste and increased logistics costs.
Last week, M&S warned that the incident would result in a hit of around £300m to its operating profit, with disruption to online services likely to continue until at least July.
NielsenIQ’s figures broadly aligned with those published a day earlier by rival researcher Kantar, which also highlighted strong sales performance from discounters Aldi and Lidl, as well as continued momentum from Tesco (TSCO.L), Sainsbury’s (SBRY.L) and online grocer Ocado (OCDO.L).
Other companies in the news on Thursday 29 May:
Auto Trader (AUTO.L)
Helios Underwriting (HUW.L)
Braemar (BMS.L)
Hollywood Bowl (BOWL.L)
Dell Technologies (DELL)
Grab Holdings (GRAB)
Ulta Beauty (ULTA)
Gap Inc (GAP)
Bath & Body Works (BBWI)
Foot Locker (FL)
Kohls Corp (KSS)
Marvell (MRVL)
Lululemon Athletica (LULU)
Cooper (COO)
Hormel Foods (HRL)
American Eagle (AEO)
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PlayStation Plus Monthly Games for June
PlayStation Plus Monthly Games for June
NBA 2K25, Alone in the Dark, Destiny 2: The Final Shape, and Bomb Rush Cyberfunk await.
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Trump administration will ‘aggressively revoke’ ******** student visas in major escalation with Beijing – CNN
Trump administration will ‘aggressively revoke’ ******** student visas in major escalation with Beijing – CNN
Trump administration will ‘aggressively revoke’ ******** student visas in major escalation with Beijing CNNTrump administration to ‘aggressively’ revoke visas of ******** students BBC‘They Make People Too Scared’: ******** Students Reckon With U.S. Visa Bans The New York TimesNew Visa Policies Put America First, Not China U.S. Department of State (.gov)Secretary of State Marco Rubio says the US will begin revoking the visas of ******** students The Boston Globe
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Elden Ring Nightreign Q+A: We chat with producer Yasuhiro Kitao
Elden Ring Nightreign Q+A: We chat with producer Yasuhiro Kitao
The wizards at FromSoftware change things up a bit in this months ‘Elden Ring Nightreign’, a fast-paced, multiplayer focused RPG adventure. We had the chance to chat with producer Yasuhiro Kitao to find out more about what makes the game tick.
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Gloomy outlook for *********** economy as private investment shrinks, according to the latest ABS stats
Gloomy outlook for *********** economy as private investment shrinks, according to the latest ABS stats
Falling private sector investment “is a canary in the coal mine” for Australia’s economic outlook, a peak industry lobby group has warned.
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Dune: Awakening Interview – Joel Bylos Shares His Inspirations, MMO Knowledge, & Development Process
Dune: Awakening Interview – Joel Bylos Shares His Inspirations, MMO Knowledge, & Development Process
TNS: We had the opportunity to interview Joel Bylos, Chief Creative Officer at Funcom, who is now spearheading Dune: Awakening.
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Xiaomi’s Tesla Y rival YU7 hits showrooms in Beijing
Xiaomi’s Tesla Y rival YU7 hits showrooms in Beijing
By Qiaoyi Li and Alessandro Diviggiano
BEIJING (Reuters) -Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics gears up to further challenge Tesla in the world’s largest auto market.
Xiaomi launched the YU7 at 13 of its Beijing showrooms and will start taking orders for the vehicle in July. It is keen to repeat the success of the sporty SU7 sedan, which launched last year and has outsold Tesla’s Model 3 on a monthly basis since December.
Analysts have said the YU7 could pose a major threat to Tesla’s best-selling Model Y but its launch comes at a time when Xiaomi, a relative newcomer to China’s highly-competitive EV market, has seen new EV orders fall after a series of controversies.
******** authorities have been investigating a fatal highway ****** at the end of March involving an SU7 in driving-assistance mode and Xiaomi has apologised for “not clear enough” marketing after customer complaints of false advertising.
Liu Jiaxing, a 34-year-old tech worker, was among the first visitors to Xiaomi’s flagship showroom in Beijing Oriental Plaza on Thursday morning, eager to catch a glimpse of the emerald green YU7.
Liu said he was fond of the styling and colour as well as the fact that Xiaomi vehicles connect with the firm’s personal gadgets and smart home products, which he felt pointed to how local brands understood ******** consumers better than their foreign counterparts.
“I used to be more prone to U.S., ******* and French car marques, but the fast progress of China’s EV sector prompts me to focus more on the products rather than brands,” he said.
Another visitor was Tom van Dillen, managing partner at ******* management consultancy Greenkern in Beijing, who said he was not a fan of some of the YU7’s intelligent features, which he described as “unnecessary”, but said the YU7 was a formidable challenger to the Model Y.
He cited a “physical ecosystem advantage in the showroom where there is a dedicated area with accessories that only fit into Xiaomi cars” and their competitive price.
Xiaomi has said that it will only announce the YU7’s pricing in July.
HSBC Qianhai estimated in a note last week that the new SUV will be priced between 230,000 yuan and 330,000 yuan ($31,989-$45,898) and that Xiaomi could ship 100,000 YU7 units this year and 249,000 units in 2026.
The Model Y is priced from 263,500 yuan in China.
($1 = 7.1899 ******** yuan renminbi)
(Reporting by Qiaoyi Li and Alessandro Diviggiano; Editing by Brenda Goh and Kate Mayberry)
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Dollar rises after Trump's tariffs face court roadblock – Reuters
Dollar rises after Trump's tariffs face court roadblock – Reuters
Dollar rises after Trump’s tariffs face court roadblock ReutersFederal court blocks Trump from imposing sweeping tariffs under emergency powers law AP NewsTrump tariff ruling threatens to pile chaos on top of chaos AxiosUS court blocks most Trump tariffs, says president exceeded his authority ReutersTariffs, and Trump’s entire economic agenda, were just thrown into chaos CNN
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GSFL 2025: Perfect 10 coaches votes for Michael McGlade in Royals narrow win, Darcy Wallinger leads overall
GSFL 2025: Perfect 10 coaches votes for Michael McGlade in Royals narrow win, Darcy Wallinger leads overall
Royals midfielder Michael McGlade picked up a perfect 10 in his first polling of the season in the Great Southern Football League coaches votes on Saturday.
McGlade was a unanimous choice as best-on-ground by the two coaches, in the Lions tense four-point win over Denmark-Walpole at McLean Park.
The Lions, who have won two games in a row, picked up most of the votes from the game with Declan McNamara and Seb Stanton also polling well.
It was the first votes for McGlade in the 2025 GSFL Coaches Player of the Year Award.
McNamara continued his strong season with seven votes and Stanton received four while Nelson Tulip and Ryan Hick from the Magpies got three each.
Mt Barker gun Darcy Wallinger remains in the outright leader of the award, having picked up more votes in round five of the season.
Wallinger (26 votes) holds a three-vote advantage over his teammate Daniel Patching, while Railways’ Ryley Valli and Bulls’ Darcy Clarke are just one vote further back.
Patching and Clarke were highly influential in the Bulls’ 38-point win over North Albany at Collingwood Park.
Camera IconMt Barker’s Darcy Wallinger is the outright leader of the coaches votes. Credit: Melinda Walsh
The pair picked up nine votes each while Kangas midfielder Matt Orzel added five votes to his tally.
Wallinger and Bulls forward Brandon Ugle collected three votes.
Opinions were split in the top-of-the-table clash as the Tigers won by 60 points over Albany at Retravision Stadium.
Eight players received votes from the coaches with only Lachie Cale and Logan Stubber featuring for both coaches.
Young Tiger Cale picked up seven votes while Sharks’ Bailey Taylor, Stubber and Tigers ruck Shane Braimbridge all got five.
Just six votes separate the top six players on the leaderboard with McNamara (21) and Sharks’ Bryce Blaszkow (20) well within striking distance.
Cale joins teammate Jayden Scott on 19 and closely followed by Isaac Baum (18) and Orzel (17).
Each league coach votes 5-4-3-2-1 for players on both sides at the end of every game.
2025 Coaches’ Player of the Year Award
Voting Round 5
Albany v Railways
7 Lachie Cale (RAIL)
5 Bailey Taylor (ALB)
5 Logan Stubber (RAIL)
5 Shane Braimbridge (RAIL)
3 Declan Willey (RAIL)
2 Bryce Blaszkow (ALB)
2 Ryley Valli (RAIL)
1 Bodhi Stubber (RAIL)
Denmark-Walpole v Royals
10 Michael McGlade (ROY)
7 Declan McNamara (ROY)
4 Seb Stanton (ROY)
3 Nelson Tulip (DW)
3 Ryan Hick (DW)
2 Joel Flick (ROY)
1 James Charlesworth (DW)
North Albany v Mt Barker
9 Daniel Patching (MB)
9 Darcy Clarke (MB)
5 Matt Orzel (NA)
3 Brandon Ugle (MB)
3 Darcy Wallinger (MB)
1 Regan Christensen (NA)
Leaderboard
26: Darcy Wallinger (MB)
23: Daniel Patching (MB)
22: Ryley Valli (RAIL)
Darcy Clarke (MB)
21: Declan McNamara (ROY)
20: Bryce Blaszkow (ALB)
19: Jayden Scott (RAIL)
Lachie Cale (RAIL)
18: Isaac Baum (ALB)
17: Matt Orzel (NA)
15: Taj Williams (ALB)
13: Seb Ballard (MB)
Hayden Parker (RAIL)
12: Tyler Stone (DW)
Kobi Keen (NA)
11: Kane Pinney (ALB)
10: Sam Holmes (ALB)
Michael McGlade (ROY)
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2 Ultra-High-Yield Dividend Stocks Down About 30% to Buy Now and Hold Forever
2 Ultra-High-Yield Dividend Stocks Down About 30% to Buy Now and Hold Forever
Shares of Realty Income and NNN REIT have fallen a long way from peaks they reached in 2020.
Realty Income is an international real estate investment trust with over 30 years of steady dividend raises.
NNN REIT is one of just a few REITs that has raised its dividend payment for at least 35 consecutive years.
10 stocks we like better than Realty Income ›
Investors looking for stocks that can produce heaps of passive income are often tempted by ultra-high-yield stocks that offer yields more than triple the market average. Unfortunately, a dividend stock’s yield rarely rises to such heights unless investors have good reasons to worry about future cash flows being sufficient to raise the payout further.
When the stock market opened on May 28, shares of Realty Income (NYSE: O) and NNN REIT (NYSE: NNN) were down by 30% and 29%, respectively, from peaks they set in 2020. Their stock prices are down, but not the dividend payments they send out. Both companies have steadily raised their payouts and currently offer yields that are more than triple the average yield you can receive from stocks in the benchmark S&P 500 index.
Rising bond yields are the No. 1 issue pressuring the prices of these two real estate investment trusts (REITs). The risk-free rate investors can receive from U.S. Treasuries is a lot higher than it was the last time these stocks peaked.
Unlike Treasuries, these two dividend payers regularly raise their payouts. Here’s why most income-seeking investors should consider adding shares of both to their portfolios.
Image source: Getty Images.
Realty Income acquired its first commercial property in 1970, and at the end of March 2025, its portfolio had grown to over 15,600 buildings. Spread throughout the U.S. and nine European countries, it’s one of the more geographically diverse REITs you can invest in.
Returning a steadily increasing profit has been this REIT’s primary focus since its inception, and it has succeeded. Since becoming a publicly traded company in 1994, it has raised its monthly dividend payout every quarter. Individually, those raises seem insignificant, but steady movement in the right direction adds up over time. Realty Income has raised its payout by 46% over the past decade. A rising dividend payout coupled with a declining stock price has lifted the yield this stock offers to a juicy 5.7% at recent prices.
There have been plenty of economic downturns since 1994, but Realty Income has been able to weather them thanks to a tried and true business model for commercial property owners. Nearly all of this REIT’s tenants sign net leases that hold the lessee responsible for variable expenses associated with building ownership, such as insurance, maintenance, and taxes. With rent escalators written into lease agreements that are typically 10 to 20 years long, incoming cash flows are highly predictable.
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In addition to a well understood net lease strategy, Realty Income’s size and reputation allow it to borrow at lower interest rates than nearly all its peers. For example, it raised $600 million at 5.125% over a 10-year ******* this April. That’s only about 0.7 percentage points higher than the rate institutional investors receive these days from 10-year Treasury notes that are backed by the full faith and credit of the U.S. government.
Realty Income’s portfolio is enormous, but the vast majority of commercial properties out there are not yet owned by net lease REITs. With access to cheap capital and a large addressable market, there’s a strong chance this stock can keep raising its payout for years.
Investors new to REITs can think of NNN REIT as a smaller version of Realty Income. Its commercial property portfolio contained 3,641 buildings at the end of March. Unlike its larger peer, this net lease REIT’s entire portfolio is located in the U.S.
While located entirely in the U.S., there is some diversity to NNN REIT’s portfolio. Its largest tenant, 7-Eleven, is responsible for just 4.5% of all the rent payments it receives annually. Its five largest tenants are responsible for less than 19% of annualized base rent.
A limited geographic footprint would limit growth for a REIT the size of Realty Income, but NNN REIT is still small enough that the U.S. market for *****-leaseback transactions alone can support a satisfactory growth rate. This stock has raised its quarterly dividend for 35 consecutive years. It isn’t rising at a blazing pace, but the payout is up by 33% over the past decade.
At recent prices, NNN REIT offers a big 5.6% dividend yield and a great chance to see the payout continue rising steadily. In the first quarter, funds from operations (FFO), a proxy for earnings used to evaluate REITs, grew 3.6% year over year to $0.85 per share. That’s more than it needs to support a quarterly dividend payout currently set at $0.58 per share. Adding some shares to a diversified portfolio now and holding forever looks like the right move.
Before you buy stock in Realty Income, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $653,389!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $830,492!*
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Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Realty Income. The Motley Fool has a disclosure policy.
2 Ultra-High-Yield Dividend Stocks Down About 30% to Buy Now and Hold Forever was originally published by The Motley Fool
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U.S. Trade Court blocks President Trump’s sweeping tariffs on countries including China
U.S. Trade Court blocks President Trump’s sweeping tariffs on countries including China
The U.S. Court of International Trade has ruled that President Trump’s sweeping tariffs, levied on nations including China, were unlawful, in a move that could significantly reshape the ongoing trade war and impact the price of technology. The court declared that all of President Trump’s measures are “invalid as contrary to law” because the emergency law used to pass them does not give the President unilateral authority to impose such sweeping measures.
In a ruling dated May 28, three judges concluded that the International Emergency Economic Powers Act of 1977 “does not authorize any of the Worldwide, Retaliatory, or Trafficking Tariff Orders” considered by the court in the case. Specifically, they say the Worldwide and Retaliatory Tariff orders imposed by Washington “exceed any authority granted to the President by the IEEPA to regulate importation by means of tariffs.”
Regarding Trafficking Tariffs, the court says these fail “because they do not deal with the threats set forth in those orders.” Consequently, the court ordered that all the challenged Tariff Orders be vacated and their operation permanently enjoined.
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The White House has already filed a notice of appeal, and such decisions can be appealed to the U.S. Court of Appeals for the Federal Circuit in Washington, and of course, the U.S. Supreme Court.
In a statement reported by the BBC, the administration said, “It is not for unelected judges to decide how to properly address a national emergency.” Continuing, White House deputy press secretary Kush Desai said, “President Trump pledged to put America First, and the Administration is committed to using every lever of executive power to address this crisis and restore American Greatness.”
Considering previous reports, tariffs could increase tech prices by up to 70%. Legal suspension of tariffs levied on countries, including China, could be an enormous relief to suppliers of hardware, including the semiconductor industry, as well as component parts, notably GPUs.
Earlier this month, it was reported that Nvidia has raised prices by 10-15% to combat rising manufacturing costs and tariffs, while TSMC recently called on Washington to drop tariffs on semiconductors made outside the U.S.. Responding to a U.S. Commerce Department’s call for public comments, the global silicon leader said “we respectfully request that the Administration avoids imposing tariffs or other restrictive measures on semiconductors made outside of the United States,” claiming tariffs raise the cost of endconsumer products and lower demand for such products and the components they contain.
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