VNET Sells 38% Stake to PJ Millennium Investors for $1.44 per Share

VNET Group Inc. 69 per American Depositary Share. 1% of the total issued shares of VNET after the transaction, which is expected to close in the fourth quarter of 2026 pending shareholder approval.

1 million. The company said it would work closely with its new strategic partners to deepen collaboration across technology and supply chains. The New York Stock Exchange, Nasdaq and Cboe opening bell rang on May 13, 2026, the same day VNET shares rose following the announcement.

Dan Niles, founder and portfolio manager at Niles Investment Management, appeared on the Master Investor Podcast and stated that AI-linked stocks could fall 30% to 50% sometime early in 2027. "What do I think happens to these stocks sometime early next year from wherever they get to? They probably go down 30% to 50%," Niles said.

Niles said agentic AI will fuel the rally before triggering a reset. He compared the current AI buildout to 1997 and 1998 during the internet infrastructure boom and added that semiconductors are already looking stretched with the sector overbought. Niles singled out Google as best positioned for AI because it owns the industry's full stack.

2 trillion to build, deploy and operate over 20 years. 5 billion ($614 billion) budget for 2026. The Trump administration previously estimated the cost of Golden Dome at $175 billion.

5 billion for Golden Dome in FY 2027 while FY 2027 budget request documents call for the Golden Dome for America Fund to receive an average of about $15 billion per year for the next five years. Sen. ) requested the cost estimate from CBO.

Merkley stated that Golden Dome is a massive giveaway to defense contractors paid for entirely by working Americans. Gabe Murphy, a policy analyst at Taxpayers for Common Sense, stated that CBO assumes the deployment of fewer than 7,800 space-based interceptors for Golden Dome.

Todd Harrison, a Senior Fellow at the American Enterprise Institute, stated that CBO’s estimate is almost an order of magnitude higher than what the administration says it will cost.

Space Force selected Anduril, Booz Allen Hamilton, and General Dynamics to work on space-based interceptors for Golden Dome. On May 10, 2026, The Head and the Heart performed a concert at the Brooklyn Paramount where they played their entire 2011 debut album in full as part of a 21-song set.

The first set included Cats and Dogs, Coeur d’Alene, Ghosts, Down in the Valley, Rivers and Roads, Honey Come Home, Lost in My Mind (with The Brudi Brothers), Winter Song, Sounds Like Hallelujah, and Heaven Go Easy on Me. The second set featured Grace, Finally Free, Aperture, All We Ever Knew, Fire Escape, Arrow, Another Story, Honeybee, Missed Connection, Shake, and Glory of Music as the encore.

The band released its sixth studio album Aperture in 2025 followed by a seven-track EP of new arrangements and acoustic reinventions.

The Head and the Heart have 2026 tour dates including May 12 in Charlottesville VA, May 13 in Glenside PA, May 14 in Boston MA, and continuing through September 2026 at multiple North American venues and festivals.