Shares of Advanced Micro Devices(AMD 9.36%) jumped on Wednesday, finishing the day up 9.4%. The spike came as the S&P 500 and the Nasdaq Composite gained 0.4% and 0.6%, respectively.
The chipmaker’s stock is continuing to surge after Oracle announced it intends to deploy 50,000 AMD chips by the end of 2026.
Oracle will use AMD
Oracle, an increasingly central player in AI cloud computing, will purchase 50,000 of AMD’s next-generation MI450 chips to power its servers. The chips are designed to compete head-to-head with those of Nvidia.
This is the latest in a string of announcements that make clear that AMD has a much more substantial role to play in AI than it has up to this point. Just this month, OpenAI and AMD announced a major deal that could see the ChatGPT creator owning roughly 10% of the company in exchange for purchasing a large number of AMD chips.
Image source: Getty Images.
Speaking to AMD’s growing role, Karan Batta, senior vice president of Oracle Cloud Infrastructure, said she expects customers “to take up AMD very, very well — especially in the inferencing space.”
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Oracle. The Motley Fool has a disclosure policy.
A certain kind of spending may reach $4 trillion annually, and Nvidia aims to collect a chunk of it.
My colleague, Adria Cimino, recently predicted that Nvidia(NVDA -0.77%) shares, recently trading near $189 per stub, will reach $400 by 2030, only five years from now. I’m bullish on the stock, myself, own a few shares, and expect them to do quite well over the coming decade.
Why do we expect Nvidia to soar over the coming decade? Well, in my view, there are many reasons. A chief one is the continuing growth of artificial intelligence (AI) technology — around the world. Nvidia, with a recent market cap of $4.6 trillion, is a leading semiconductor company, and the chips it designs are critical for AI because they help train AI.
If you invest in Nvidia, don’t assume that you’ll enjoy 77% gains each year. Remember that as companies grow huge, it can be hard for them to keep growing rapidly. Still, I suspect that long-term investors buying some shares of Nvidia today will do well over a decade or more.
Selena Maranjian has positions in Nvidia. The Motley Fool has positions in and recommends Intel and Nvidia. The Motley Fool recommends the following options: short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.
Joby Aviation(NYSE: JOBY) is closing in on FAA approval and gaining government support through the White House’s eVTOL program. With the Blade acquisition and over 30,000 miles of test flights, Joby may be closer than ever to real commercialization. Investors are watching closely, as $22 could be just the first stop.
Stock prices used were the market prices of Sept. 30, 2025. The video was published on Oct. 3, 2025.
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The long-term data for stock market returns paints a clear picture.
The Vanguard Total Stock Market Index Fund ETF(VTI 0.21%) is one of the most popular exchange-traded funds (ETFs) on the planet. The fund has net assets of nearly $2 trillion.
With stock indexes hovering near all-time highs, many investors are worried that this historically successful ETF will struggle in the years to come. But there’s one critical piece of data that suggests otherwise.
This ETF remains a data-backed investment
The Vanguard Total Stock Market Index Fund ETF is a classic pick for savvy long-term investors. That’s because the ETF tracks the holdings of the CRSP US Total Market Index, which includes almost every type of company imaginable — everything from small-caps and large-caps to value stocks and growth stocks.
The ETF is incredibly diversified with more than 3,000 holdings, but investors should note that only U.S. companies are included. Many of those U.S. companies, however, have global operations, providing some level of international diversification.
Image source: Getty Images.
With an expense ratio of just 0.03%, the Vanguard Total Stock Market Index Fund ETF is one of the cheapest ways investors can get broad access to nearly the entire stock market. But with the indexes already at all-time highs, is this ETF still a smart pick? If your holding period is 20 years or more, the answer is absolutely. That’s because there has never been a 20-year period where the U.S. stock market has posted a negative return.
Of course, returns for any given 20-year period vary widely. But here’s a good example of how buying market indexes like this, even at their peaks, is a wise long-term decision. If you purchased shares of VTI in 2007 at their pre-cash peak, you still would have accumulated a 338% return over the next 18 years. So long-term investors can rejoice: The Vanguard Total Stock Market Index Fund ETF remains a solid pick for the decades ahead.
Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Vanguard Total Stock Market ETF. The Motley Fool has a disclosure policy.
This home furnishings stock could be ready to rally.
Stocks are at an all-time high, as there have been plenty of winners during the AI boom.
However, one sector has been left behind over the last couple of years. Housing stocks have generally been reeling with mortgage rates still elevated and existing home sales down roughly 30% since pre-pandemic levels. That has impacted everyone in the sector, from home builders to real estate agencies to home-furnishing companies, which depend on home sales to drive demand.
One company, RH (RH -3.60%), is still trading down 69% from its pandemic-era peak, as its business pulled back substantially in the post-pandemic era, even though it has since regrouped and is back to delivering solid growth.
The stock pulled back last week after the high-end home furnishings company formerly known as Restoration Hardware missed estimates and cut its full-year guidance. The stock fell 4.6% on the news, even though the numbers were solid considering the challenging macroeconomic environment.
Image source: RH.
Revenue rose 8.4% to $899.2 million, below estimates for $905.4 million. Demand, which is a measure of order growth, was up 13.7% in the period, even with the impact of tariff uncertainty and a weak housing market.
Despite the weaker-than-expected revenue growth, the company continued to deliver strong profit margins with an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 20.6%, and a generally accepted accounting principles (GAAP) operating margin of 14.3%.
Adjusted earnings per share jumped from $1.69 to $2.93, showing its margins are rapidly expanding, though that missed the consensus at $3.22.
Why RH could soar
It will take a lot for RH to recover to its previous peak, which came at a time when the housing market was soaring and home-improvement stocks were delivering rapid growth.
However, considering it’s down 69% from its peak, RH doesn’t need to get all the way back there to be a winner. In fact, the Fed rate cut on Wednesday could be the trigger the company needs in the housing market.
CEO Gary Friedman hasn’t hesitated to blame what he’s called the weakest housing market in 30 years for the company’s woes, and lower mortgage rates are likely to bring more home buyers and sellers into the market. Lower rates will reduce monthly payments, and it will also encourage sellers to reenter the market as it will diminish the “lock-in effect” of the pandemic era.
As a high-end home furnishings seller, RH is well prepared to take advantage of the housing market recovery as home sales tend to trigger new furniture purchases.
The company has also expanded significantly in Europe and with new galleries in the U.S., in addition to new trial businesses like restaurants, guesthouses, and airplane and yacht charters.
While interest rate cuts in the U.S. won’t directly affect the business in Europe, its expansion across the pond shows there’s plenty of growth runway left for the company.
Is RH a buy?
Based on analyst estimates for fiscal 2027, which ends in January 2027, RH stock trades at a forward P/E of 18, which seems like a fair price for a stock that still has significant growth potential. Additionally, Friedman envisions expanding the brand beyond home furnishings, even flipping whole, fully furnished houses, effectively getting into the housing market, a program it calls RH Residences.
Even if mortgage rates decline, it could take time for the housing market to spring back to life, especially as the lock-in effect is likely to persist for at least some homeowners.
However, investing in RH looks like a good way to take advantage of the expected rate cuts. For risk-tolerant investors, getting some exposure to the stock right now looks like a smart idea.
As the consumer investment world grows, the bank has a lot to gain.
Bank of America(BAC 0.71%) is one of the largest banks in the world, operating in the U.S. and more than 35 countries worldwide. By market cap, it’s the second-most valuable bank in the world, trailing only JPMorgan Chase. In the past five years, Bank of America has outperformed the S&P 500, with total returns close to 125% in that span, compared to the index’s 112% (through Sept. 12).
Even with Bank of America’s market-beating returns over the past five years, the next five years could continue the same momentum. The reason comes down to one factor: its consumer investment business.
Image source: Getty Images.
The consumer investment business involves standard brokerage accounts, wealth management, and financial advisory services. In the fourth quarter of 2024, Bank of America’s consumer investment assets crossed the $500 billion mark for the first time in the company’s history.
The company noted that this amount has doubled every five years, and it expects to hit $1 trillion in the next five years. In the second quarter of this year, it reached around $540 billion (up 13% year over year).
Hitting this mark won’t guarantee that Bank of America’s stock will soar (nothing guarantees that), but the growth of its consumer investment business means it will earn much more fee-based income and see higher margins than from other revenue sources like traditional lending. This should be a nice boost to Bank of America’s profitability, especially as we anticipate interest rates getting lowered over the next few years, which could impact the bank’s main revenue source.
Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Stefon Walters has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy.
Experts who follow these stocks think they can fly higher despite already gaining over 100% since the end of July.
Investors in search of stocks that can produce dramatic gains in a short time frame will want to turn their heads toward the healthcare sector. A handful of stocks in the space more than doubled in price recently.
Shares of Precigen(PGEN -4.61%) and Mineralys Therapeutics(MLYS 4.86%) have already risen more than 100% since the end of July. Despite the recent run-ups, Wall Street experts who follow these stocks believe they could soar even further.
Image source: Getty Images.
1. Precigen
From the end of July through Friday, Sept. 5, shares of Precigen shot 155% higher. The market cheered because the drugmaker earned approval from the Food and Drug Administration (FDA) for its first treatment. Papzimeos is a cell-based immunotherapy for the treatment of recurrent respiratory papillomatosis (RRP), a rare disease that results in tumors lining the respiratory tract.
Papzimeos is the first and only treatment approved by the FDA to treat an estimated 27,000 patients with RRP. The agency granted the drug full approval instead of waiting for a confirmatory study. In the single-arm trial supporting its application, 18 out of 35 patients responded well enough to avoid tumor removal surgery for at least 12 months after treatment with Papzimeos.
The agency and analysts following Precigen were encouraged by the fact that 15 out of the initial 18 responders remained surgery-free 24 months after treatment with Papzimeos. In response, Swayampakula Ramakanth from HC Wainwright reiterated a buy rating and an $8.50 price target that implies a 95% gain in the year ahead.
2. Mineralys Therapeutics
Shares of Mineralys Therapeutics rose 146% from the end of July through Sept. 5. Investors were excited about a successful new funding round to support continued development of lorundrostat, its lead candidate. On Sept. 2, Mineralys suspended an at-the-money equity offering and, within a couple of days, completed a secondary offering that ended up raising $287.5 million.
In August, investors hardly noticed a presentation of phase 3 trial results regarding lorundrostat. Patients who added the aldosterone inhibitor to the medications they were already taking reduced their systolic pressure by 16.9 millimeters of mercury after six weeks on treatment, compared to just 7.9 millimeters of mercury for patients who received a placebo.
Mineralys’ stock shot higher after AstraZeneca reported arguably inferior 12-week data for an aldosterone inhibitor it’s developing called baxdrostat. At week 12, it reduced patients’ systolic pressure by 15.7 millimeters of mercury, compared to 5.8 millimeters of mercury for the placebo group.
Less than a week ahead of Mineralys’ successful secondary stock offering, Bank of America analyst Greg Harrison boosted his target for the stock to $43 per share. The raised target implies a gain of about 24% from recent prices.
Time to buy?
Before you get too excited about Mineralys and its hypertension candidate, it’s important to realize the pre-commercial-stage business finished June with $325 million in cash, or enough to last into 2027. Diluting shareholder value to raise additional capital that could now push the stock price higher means the company isn’t super confident that it can quickly submit an application and earn approval for its lead candidate before the beginning of 2027.
At recent prices, Mineralys sports a huge $2.7 billion market cap that could shrink significantly if it looks like timing will become an issue that allows AstraZeneca’s candidate to gain and maintain a large share of the market for new hypertension drugs. It’s probably best to wait and see whether this company can earn approval for lorundrostat in a timely manner before adding the stock to your portfolio.
With a market cap of $1.3 billion at recent prices, expectations for Precigen are lower than they probably should be. Papzimeos is already approved and will launch unchallenged in its niche market.
Papzimeos’ addressable patient population is small, but a list price north of $200,000 per year per patient means it could rack up more than $1 billion in annual sales at its peak. Since drugmaker stocks generally trade at mid- to high-single-digit multiples of total sales, adding some shares to a diversified portfolio now looks like a smart move.
Bank of America is an advertising partner of Motley Fool Money. Cory Renauer has no position in any of the stocks mentioned. The Motley Fool recommends AstraZeneca Plc and Mineralys Therapeutics. The Motley Fool has a disclosure policy.
BRITAIN’S top restaurant chains have seen profits soar by almost a fifth after replacing staff with self-service tills and apps.
They hit £365million at the top 100 groups this year, up from £308million in 2024.
Accountancy group UHY Hacker Young also found that turnover was up 19 per cent to £12.9billion, from £10.8billion.
It said growth had been particularly strong for the fast food and casual dining sector, with burger and steakhouse chains enjoying some of the largest turnover increases.
UHY Hacker Young partner Martin Jones said chains had been investing in technology such as touchscreen tills in fast-food outlets.
Many had also upgraded menu offerings to increase prices, as a way of boosting earnings.
He said: “While many chains are still suffering from depressed margins and weak demand, there’s enough innovation and expansion to deliver better results.”
Hospitality has been particularly hard-hit by the increase in employers’ National Insurance.
Half of all job losses since the Budget have been in that sector, according to analysis of data from the Office for National Statistics by UKHospitality.
It means one in every 25 jobs in pubs, hotels, cafes, restaurants and bars has been axed.
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Britain’s top restaurant chains have seen profits soar by almost a fifth after replacing staff with self-service tills and appsCredit: Getty
T&C’s ARE KAFKA-ESQUE
BANKS and insurance firms need to stop writing terms and conditions that are “longer than some classic novels”, campaigners urge.
Policies on travel insurance and investment products are the worst, clocking in at 26,000 words — around the same length as Franz Kafka’s Metamorphosis, analysis by Fairer Finance claims.
It comes despite the financial regulator in 2023 introducing rules forcing firms to prove that customers understand such documents.
Fairer Finance said the longer the documents were, the less likely customers were to know what they mean — or to engage with them at all.
Managing director James Daley added: “The grace period is now over, and we expect the regulator to start holding companies to account.”
ENERGY CRISIS
HOUSEHOLDS cannot afford more energy price hikes, the regulator has been warned.
More than 12 million people are struggling to pay already — but Ofgem is expected to announce tomorrow a rise in the energy price cap to £1,737 from October.
Commenting on the research from York University, Simon Francis of the End Fuel Poverty Coalition, said: “The time for tinkering with the price cap is over.”
RENT CONS UP
RENTERS have been warned to watch out for fake landlord scams after crooks made £20million from them last year.
The average victim lost £4,711, Action Fraud said. The total haul was up by 45 per cent on the previous year.
Richard Daniels, of TSB, said: “Scammers prey on a competitive rental market with too-good-to-be-true listings that trick house- hunters into making advanced payments.”
Time is running out for the company to mount a comeback.
There’s at least one good thing to say about Iovance Biotherapeutics(IOVA 5.71%), a small-cap biotech. The drugmaker is an innovative company. It developed Amtagvi, a medicine that became the first of its kind approved for advanced melanoma (skin cancer).
However, this breakthrough hasn’t led to solid performances. Since Amtagvi’s launch last year, Iovance Biotherapeutics’ stock has been southbound. Even so, with an average price target of $9.10, which implies a potential upside of 261% from its current levels, Wall Street continues to have faith in the company. Should investors consider buying Iovance Biotherapeutics’ shares?
Image source: Getty Images.
What’s going on with Iovance Biotherapeutics?
The process involved in manufacturing and administering Amtagvi is complex. It requires physicians to collect a piece of the patients’ tumors from which they extract T cells (which, among other things, help fight cancer) to grow in a lab. From that, patient-specific infusions of Amtagvi are manufactured in a specialized facility. Before receiving Amtagvi, patients have to undergo chemotherapy. The entire process typically takes over a month.
There are also significant expenses associated with the medicine that wouldn’t exist if Amtagvi were an oral pill. All these factors have made it challenging for Iovance Biotherapeutics. Earlier this year, the company revised its guidance after realizing it had been too optimistic with its estimates of activating authorized treatment centers where Amtagvi can be administered to patients.
Still, Amtagvi is generating decent sales. In the second quarter, Iovance Biotherapeutics reported revenue of about $60 million, almost double what it reported in the year-ago period. Most of that was from Amtagvi. The company’s other commercialized product, Proleukin, another cancer medicine, generates relatively little revenue. For fiscal 2025, Iovance expects total product revenue of $250 million to $300 million. Again, most of that will be from Amtagvi. That’s not bad for a medicine that was only approved last year.
Is there more upside for the stock?
Those bullish on the stock might point out several things. First, Amtagvi could earn approval in other regions within the next 12 months, including Canada and Europe. That would significantly expand Iovance Biotherapeutics’ addressable market. Considering the medicine could generate upward of $200 million in the U.S. the year after approval, the global opportunities look attractive.
Second, even in the U.S., Iovance has barely scratched the surface of the patient population it is targeting. Amtagvi is indicated for melanoma patients who have undergone some prior therapies unsuccessfully. In the U.S., 8,000 patients die from the disease every year. Even if not all of them would be eligible for Amtagvi, it is certainly a lot more than the just over 100 Iovance has treated so far.
Third, Amtagvi could earn important label expansions down the line. The medicine is being investigated across a range of other indications, including lung, endometrial, and cervical cancer. If it can score phase 3 clinical wins, that could expand the therapy’s target market and jolt Iovance Biotherapeutics’ stock price.
However, even with all that, the biotech remains a risky bet. The complex and expensive nature of the medicine it develops and manufactures will make it challenging to gain significant traction while allowing it to turn a profit. Expanding into new territories will help Amtagvi’s sales, but it will also significantly increase its expenses.
Further, Iovance isn’t exactly cash-rich. The company ended the second quarter with about $307 million in cash, equivalents, and restricted cash, which it believes will enable it to last until the fourth quarter of next year. That’s not very long. Amtagvi-related sales and various financing options it could pursue should allow it to keep the lights on even longer, but it’s rarely a good sign when a company says that its cash will run out within a year and a half.
Finally, Iovance Biotherapeutics could encounter clinical and regulatory obstacles with Amtagvi, which could negatively impact its stock price. The biotech stock looks too risky for most investors. I don’t expect Iovance Biotherapeutics to hit its average Wall Street price target in the next 12 months.
But investors with a large appetite for risk might still want to consider initiating a small position in the stock. Given its innovative potential and the possibility that it will execute its plan flawlessly, its shares could skyrocket.
US copper prices spiked after US President Donald Trump said he planned to place a 50% tariff on imports of the metal on Tuesday.
Copper futures traded in New York jumped around 13% to $5.69 a pound, a record closing-price, dramatically outpacing gains on copper futures traded in London.
As of around 3.30am EDT on Wednesday, the New York price had dropped to around $5.59, although it remained at a much higher level than before Trump’s announcement.
The president commented on the tariff during a televised cabinet meeting, without giving great detail, and Commerce Secretary Howard Lutnick said the administration would formalise the decision in the coming days. Lutnick suggested that the duty would come into effect around the end of this month, or in early August.
The development also comes as Trump is nearing his 1 August deadline, before which he has vowed to slap “so-called” reciprocal duties on countries running a trade surplus with the US.
The president has been sending out letters to trading partners, notifying them of tariff rates, and he said that seven more country-specific rates would be announced on Wednesday. So far, the US has reached trade agreements with the UK, China, and Vietnam.
Copper is used in a wide variety of products, meaning the tariff will affect electronics, construction, and industrial machinery, likely to push up inflation across the board.
This comes as Trump is putting pressure on Federal Reserve Chair Jerome Powell to cut interest rates. Powell said last week that the Fed would have eased monetary policy by now if not for the new US tariffs, which are sowing uncertainty and risking economic stability.
According to the US Geological Survey, the US imported about 810,000 metric tons of refined copper last year, about half of what it consumed. Chile is the most significant exporter to the US, followed by Canada.
A 50% tariff on the metal would bring the rate in line with the duties already placed on aluminium and steel, which became effective in June.
Although the exact rate was undisclosed, the copper duty itself was not unexpected, as Trump in February ordered a Section 232 investigation into imports of the metal. The probe intends to determine whether Trump has the right to impose the tariffs on national-security grounds.
Trump also said on Tuesday that a 200% tariff on pharmaceuticals was coming “very soon”, but he added that he would give the industry at least a year to adjust.
On May 21, the forest department of the western Indian state of Gujarat released results of the country’s first lion population estimation since 2020. According to the census, India’s wild lion population – exclusively concentrated in Gujarat – has risen by 32 percent over the past five years to 891 lions.
India’s lion conservation efforts have long been focused on the Gir forest and surrounding areas of Gujarat, especially since the creation of the Gir National Park and Sanctuary in 1965. Today, lions have dispersed and established separate satellite populations outside the Gir region and are found in 11 districts in Gujarat.
But for the first time, the census counted more lions across nine satellite populations (497) than the core population (394) in Gir. These include three new populations in neighbouring districts of Gir, including the Barda Wildlife Sanctuary, areas around Jetpur city, and areas around Babra and Jasdan towns — all in Gujarat.
The census report has earmarked Barda Wildlife Sanctuary as a “second home” for the big cat in Gujarat, echoing the stance of the state and central governments, which also have argued in favour of developing and managing Barda to host more lions. Indeed, that is one of the primary goals of the 29,277 million Indian rupee ($341m) Project Lion conservation programme announced by Prime Minister Narendra Modi’s government in March.
But the surging number of lions masks challenges that confront the future of the species in India, say experts, and questions remain over whether the country is doing enough to minimise human-animal conflict and ensure the long-term conservation of the animal. On June 25, a lion mauled a five-year-old boy to death in Gujarat’s Amreli district, after dragging the child away from a farm.
We unpack the key findings of the census and the key battles ahead for the big cat in India.
In this Sunday, June 9, 2013, photo, endangered Asiatic lions rest at the Gir Lion Sanctuary at Sasan in Junagadh district of Gujarat state, India [Ajit Solanki /AP]
How were the lions counted?
As per the Gujarat Forest Department, the lion population estimation was conducted over two 24-hour recording schedules from May 11-13. The state’s lion landscape was divided into 735 sampling regions, each entrusted to an enumerator and two assistant enumerators. Lions were located and photographed with digital cameras, and cross-verified with adjacent sampling regions to avoid duplication, according to the report.
Yadvendradev Jhala, an expert on big cat conservation and formerly with the Wildlife Institute of India (WII), however, cautioned that “double counting” cannot be ruled out, and at the same time, some lions might have been missed “due to the time constraint” imposed by the two-day exercise.
Ravi Chellam, a veteran wildlife biologist involved with lion conservation since 1985, questioned the logic of a methodology that required field staff to stay alert for 24 hours on two consecutive days. “One can well imagine the fatigue levels and diminished state of alertness of the field staff,” he said. “I find it difficult to believe that reliable and accurate data can be collected with such an approach.”
According to both experts, there are more robust and reliable scientific methods, like combining photographs of lions with the use of whisker patterns – similar to human fingerprints – to identify individual lions.
Still, Jhala said that the actual count is likely not very different from the census number.
Forest guard Rashila Ben holds a lion cub inside an animal hospital located in the Gir National Park and Wildlife Sanctuary in the western Indian state of Gujarat, on December 1, 2014 [Anindito Mukherjee/Reuters]
What’s behind the sharp rise in lion numbers?
Experts say that a combination of the Gujarat state government’s policies and the adaptability of lions has contributed to the successful rise in the numbers.
According to Jhala, lions will continue to expand their population as long as there is food and cover available, and the animals aren’t attacked. “There is food in the form of livestock, dead carcasses for scavenging, as well as feral cattle for predation,” he said.
The Gujarat government’s “compensation for livestock loss is almost near market value and is revised regularly to reflect current market rates,” Jhala said. This has allowed continued human-lion coexistence.
Meanwhile, the new census shows that the coastal Gujarat district of Bhavnagar and adjacent areas along the state’s coast – far from the dry deciduous habitats of Gir – are now home to 212 lions. The thorny shrubs of the invasive Prosopis juliflora species (a kind of mesquite) along the coast provide “refuge for lions through the day, and they can come out at night to feed in agropastoral landscapes,” Jhala said.
Lionesses at the Gir Sanctuary in the western Indian state of Gujarat, India [File: Rajanish Kakade/AP Photo]
How many more lions can Gujarat host?
Since 2010, Gujarat’s lion population has more than doubled, and their territorial range has increased by 75 percent, from 20,000 to 35,000 square kilometres (7,700 to 13,500 square miles). However, only 1800sq km falls under protected areas, of which only 250sq km is exclusive to lions.
According to the census, 45 percent of lions recorded were found in non-forested areas such as wastelands, agricultural lands and near human habitats.
“They run the risk of falling into open wells, being run over by heavy vehicles and trains, getting electrocuted and also contracting infections,” Chellam said. He pointed out that lions have been regularly documented in unusual locations such as the terraces of homes, in the basement parking lots of hotels, and on busy highways.
Chellam argued that “the region as a whole has far exceeded its carrying capacity.” He says it’s not sensible to have an “increasing lion population in what are essentially human habitations”.
Jhala agreed. “The question is: How much are people willing to tolerate a large carnivore in their neighbourhood?”
Employees work on a vessel at a shipbuilding unit at Bhavnagar, about 180km (112 miles) west of the western Indian city of Ahmedabad, on July 18, 2009. The coastal district is now home to a lion population for the first time [Amit Dave/Reuters]
What is the impact of soaring lion numbers on the people of Gujarat?
According to a human-lion conflict study in the Conservation Biology journal published in November, there has been a 10 percent annual increase in the number of villages in Gujarat reporting livestock attacks and a 15 percent increase in livestock killed per year.
The paper uses data collected from 2012-2017. Jhala, who a co-author of the study, anticipates growing human-lion conflict.
“It’s not easy to live with a large carnivore,” he said. “You learn that you can’t let your kids roam around in the fields at night, that you need to clear the vegetation near your huts, that going out for defecation in the field during twilight hours is to be prevented, that you need walled corrals for your livestock.”
Chellam agreed. “While the increase in the number of lions is viewed by many, and especially the government, as a positive sign, the reality is that more and more lions are risking themselves as well as the lives of tens of thousands of people,” he said. “There have been numerous instances of people harassing lions and also an increasing trend of lions attacking people.”
A man wades through floodwaters in Vadodara, Gujarat state, India. Lions face an increased risk from natural and man-made calamities if they are all packed into one reserve, experts warn, arguing for the authorities to create a second home for the animals [AP Photo]
Is Barda a ‘second home’ for the lion?
As per the census report, for the first time since 1879, the Barda Wildlife Sanctuary has an established lion population (17) within its range. While the Gujarat government pitches Barda as a “second home” for lions, Chellam and Jhala say its small size and proximity to Gir mean that it fails the test of what qualifies as a geographically distinct habitat that can sustain a “second” lion population.
“The satellite population in Barda counts as a range expansion for lions, but it cannot be considered a separate population since they are contiguous with Gir,” Jhala said.
“The whole point in translocating lions to establish a ‘second’ free-ranging population is to ensure geographical isolation, to mitigate the risks of having the entire population of an endangered species at a single site,” Chellam explained.
Barda is 100km from Gir, and just 200sq km in size, compared with 1,400sq km of core protected area in Gir. “It [Barda] is a small area with a very low-density prey population. It is incapable of hosting a viable population of lions,” he added.
“The risks are numerous and include cyclones, floods, forest fires, disease outbreaks, political decisions, droughts, poaching, violence and wars.”
Lions Ram and Laxman play in an enclosure at the Nehru Zoological Park in Hyderabad, India, on Wednesday, June 15, 2011 [Mahesh Kumar A/AP Photo]
Why aren’t lions being moved outside Gujarat?
That’s a question that has piqued conservationists – and frustrated even the Supreme Court of India.
In April 2013, the country’s top court ordered the Gujarat state government to translocate a few Asiatic lions to Kuno National Park in the neighbouring state of Madhya Pradesh within six months to create a geographically separate, free-ranging lion population. Kuno, with its large tracts of forests and grasslands, was identified as having the perfect landscape and prey base for lions.
Though the Gujarat government assured the top court that it would comply with the order, 12 years later, the order is still to be implemented, and neither the federal nor the state government has faced any consequences. “It is very disappointing to see the levels of impunity with which the state government of Gujarat and also the government of India have been operating when it comes to the translocation of lions to Kuno,” Chellam said.
According to Jhala, it is also a failure on the part of wildlife biologists and conservationists. “You cannot do conservation without the government. I think biologists have failed in convincing the government that Kuno is an ideal place to have a second home for lions,” Jhala said.
Two cheetahs are seen inside a quarantine enclosure before being relocated to India at a reserve near Bella Bella, South Africa, on Sunday, September 4, 2022. Three cheetah cubs, born to a big cat brought to India from Namibia last year, died in May 2023 [Denis Farrell/AP Photo]
Haven’t cheetahs been moved to Kuno?
On September 17, 2022, eight Southeast African Cheetahs were flown in from Namibia to Kuno National Park as part of India’s efforts to reintroduce the cheetah to the country. Cheetahs had previously gone extinct in India in 1952.
However, the introduction of cheetahs to Kuno set off a debate over whether that would impede plans to also move lions to the Madhya Pradesh reserve.
Jhala, who led the 2022 plan to bring cheetahs back to India, said it was “fantastic” to have the animals back in India – and that lions and cheetahs could easily coexist in Kuno.
“In no way do cheetahs prevent lions from going there. In fact, they would do better than cheetahs, the landscape and prey base in Kuno is perfect for lions,” he said.
Bringing in lions could also be helpful for cheetahs, Jhala added. Kuno has one of the highest leopard densities in the world, at 22 leopards per 100sq km. Leopards pose more of a predatory threat to cheetahs; lions can help reduce leopard density as they prey on leopards, especially the young ones.
Chellam, though, questioned the intentions of the cheetah reintroduction plan, which he alleged was “more to continue to stall and delay the translocation of lions [to Kuno] rather than to conserve cheetahs”.
Like Jhala, Chellam said that lions would do well in Kuno. “Lions are very hardy and robust animals. If the translocation is planned and carried out carefully, there is no reason for the lions not to thrive in Kuno.”
Lions once roamed all the way from Persia to eastern India. Here, people fly the Iranian flag that was used before 1979, which had a lion on it, in New York, on April 14, 2013 [Carlo Allegri/Reuters]
What’s next for the big cat?
“It [lions in Gujarat] is a wonderful conservation story,” Jhala said. “But a lot can be done for the lion as a species. Forget about Kuno; we should try and establish lion populations across its historical range, within and outside of India”. The old range of lions in Asia extended from Persia to eastern India – the last of Asia’s lions outside India were shot and killed in Iran in the 1940s.
The current concentration of lions in just Gujarat, Chellam said, was a “ticking time bomb”.
With lion numbers ballooning in human habitats, he said it was important for the government to recognise that “space and availability of good quality habitats are a severe constraint [in Gujarat].”
Matchday revenue increased, despite a 10% drop in attendances from the previous year.
The average league attendance dropped to 6,642.
The drop, which followed England reaching the 2023 Women’s World Cup final, contributed to pre-tax losses of £28m – up from £21m in 2022-23.
However, Deloitte is forecasting revenues to top £100m across the league at the end of the 2025-26 campaign, helped by the upcoming Euros in Switzerland,
“Women’s football in England is evolving rapidly,” said Tim Bridge, lead partner in the Deloitte Sports Business Group.
“While challenges remain, it is clear there is potential for a passionate and engaged fanbase to drive the game’s development.
“Capitalising on major international tournaments is important at specific points in time, but sustainable growth hinges on the domestic league’s organic development.”
Bridge added that a “competitive balance is a key priority” if the WSL is to sustain long-term growth, with the gap widening between the top-earning clubs and the lowest-earning clubs in the league.
The virus has been detected at a number of holiday destinations and one government has issued an alert
Masks may be needed for some travel this summer
The government in a UK holkiday hotspot has urged people to wear masks, wash their hands, get vaccinated and avoid activity that could spread Covid as a new variant sends cases rocketing, The World Health Organisation has issued a warning over the new variant, NB.1.8.1, which has seen cases soar in countries including Egypt, the Maldives and Thailand.
The new strain, which is said to be more infectious than previous variants, has also been found in the US and the UK. Now the government in Thailand has issued a warning after 257,280 cases of Covid and 52 deaths.
The latest outbreak has been worst in the capital Bangkok and in Chonburi Province. Deputy government spokesperson Anukool Pruksanusak said international travel and the oncoming rainy season, could accelerate the outbreaks and the Ministry of Public Health will monitor the situation closely.
The 69-meter tall giant Buddha statue of Wat Paknam Phasi Charoen temple in Bangkok
Anukool said people should ‘limit activities that increase the risk of infection, wash their hands regularly, wear masks in crowded places, get booster vaccinations when due, and seek medical attention promptly if experiencing symptoms’
Cases of the virus have been surging since mid-February and are now at their highest rate since last June. The WHO says there are higher levels of Covid in 73 countries – including the Caribbean.
The WHO has designated the new strain NB.1.8.1 as a ‘variant under monitoring’ amid concern about the sharp rise in cases. By late April 2025, NB.1.8.1 comprised roughly 10.7% of all submitted sequences – up from just 2.5% four weeks before. It is already the dominant strain in Hong Kong and China. Lara Herrero Associate Professor and Research Leader in Virology and Infectious Disease, at Griffith University said thanks to multiple mutations the new strain ‘ may infect cells more efficiently than earlier strains’.
Traditional Thai dancers wearing facemasks perform at the Erawan Shrine in Bangkok
“But importantly, the WHO has not yet observed any evidence it causes more severe disease compared to other variants. Reports suggest symptoms of NB.1.8.1 should align closely with other Omicron subvariants.
“Common symptoms include sore throat, fatigue, fever, mild cough, muscle aches and nasal congestion. Gastrointestinal symptoms may also occur in some cases.”
The new strain is being found in large numbers in the Eastern Mediterranean, an area including the tourist destination of Egypt. It is also being found in South East Asia – including in Thailand and the Maldives.
Masks are being encouraged for people in Thailand
The WHO said recent increases have also been observed in Cambodia, China, Hong Kong and Singapore.
The report reads: “WHO recommends that countries remain vigilant, adapt to evolving epidemiological trends, and leverage COVID-19 management strategies to strengthen systems for all respiratory disease threats. Member States should continue offering COVID-19 vaccines in line with WHO recommendations.
“Based on the current risk assessment of this event, WHO advises against imposing travel or trade restrictions.”
Complaints about substandard living conditions in social housing are now more than five times higher than they were five years ago, a new report says
Complaints about substandard living conditions in social housing in England are more than five times higher than five years ago, according to the housing watchdog.
Housing Ombudsman Richard Blakeway said there was an “imbalance of power” in the tenant-landlord relationship and poor housing conditions risks “simmering anger” turning into “social disquiet”.
He warned without change England risked the “managed decline” of social housing.
Asbestos, electrical and fire safety issues, pest control and leaks, damp and mould are among the complaints, the watchdog receives.
In its latest report, the Housing Ombudsman, which deals with disputes between residents and social housing landlords in England, said that the general condition of social housing – combined with the length of time it takes for repairs to be done – is leading to a breakdown in trust.
“You’ve got ageing homes and social housing, you’ve got rising costs around materials, for example, and you’ve got skills shortages,” said Mr Blakeway, who spoke to the BBC Radio 4’s Today programme.
“You put all that together and you end up with a perfect storm and that’s what’s presenting in our case work. That is not sustainable.”
He said tenants have “little say in the services they receive, however poor they are” and that this is leading to “growing frustration”.
While he acknowledged that social landlords are putting in “record amounts” for repairs and maintenance – £9bn between 2023 and 2024 – there had been historic underfunding in social housing.
He also said that while landlords have faced “funding uncertainties”, they needed to address their communication with tenants that sometimes “lacks dignity and respect”.
The BBC recently visited a social housing flat in London where one wall was so damp the paint came off when you touched it
According to the ombudsman’s report, there were 6,380 complaints investigated in the year to March 2025 – up from 1,111 in the year to March 2020.
Referring to English Housing Survey estimates, it also found that an estimated 1.5 million children in England live in a non-decent home in 2023, and 19% of those live in social housing.
The Housing Ombudsman is calling for a “transformative overhaul” of the current system, including an independent review of funding practices and the establishment of a “national tenant body” to “strengthen tenant voice and landlord accountability”.
That would be separate to the ombudsman, which has the power to order a landlord to apologise, carry out works or pay financial compensation.
“The human cost of poor living conditions is evident, with long-term impacts on community cohesion, educational attainment, public health, and economic productivity,” said Mr Blakeway.
“Without change we effectively risk the managed decline of one of the largest provisions of social housing in Europe, especially in areas of lowest affordability.
“It also risks the simmering anger at poor housing conditions becoming social disquiet.”
This is “neither fanciful nor alarmist”, he said, adding that tenant activism formed its roots decades ago in the 1960s, and referencing the ongoing “shock” over the Grenfell Tower fire and the death of two-year-old Awaab Ishak in recent years.
The 2017 tower block blaze which killed 72 people, and the death of Awaab in 2020, caused by prolonged exposure to mould in his home, have put the spotlight on housing standards and safety.
Rochdale Coroner’s Office
Awaab Ishak, 2, died because of mould at his Rochdale home in 2020
Housing campaigner Kwajo Tweneboa told the BBC that he was “shocked but not surprised” by the ombudsman’s report.
He pointed out that for complaints to reach the ombudsman, tenants will have to formally raised the issue with the landlord.
Mr Tweneboa said social housing residents he has spoken to say they feel they are not listened to and that the culture within housing organisations “just isn’t right”.
“They feel they are just a rental figure at the end of each month.”
“In some cases, residents are left to suffer for years,” Mr Tweneboa says, adding that he knows of instances in which families with children have to “defecate in bin bags, urinate in bottles because they’ve been without a toilet for months”.
The National Housing Federation, which represents England’s housing associations, said quality and safety of homes was their “top priority”, and the sector was spending record sums on repairs and maintenance.
Chief executive Kate Henderson said: “Crippling cuts to social housing over many years have exacerbated quality issues, as the ombudsman recognises, and only an increase in funding can address this over the long-term.”
Overcrowding is a “significant contributor” to issues such as damp and mould, she added.
In a statement, a Ministry of Housing spokesperson said: “Everyone deserves to live in a safe, secure home and despite the situation we have inherited, we are taking decisive action to make this a reality.”
“We will clamp down on damp, mould and other hazards in social homes by bringing in Awaab’s Law for the social rented sector from October, while we will also introduce a competence and conduct standard for the social rented sector to ensure staff have the right skills, knowledge and experience to do their jobs effectively.”
Investors interpreted Trump’s comments to mean Nippon Steel had received his approval for its takeover of US Steel.
United States President Donald Trump has expressed support for Nippon Steel’s $14.9bn bid for US Steel, saying their “planned partnership” would create jobs and help the US economy.
Shares of US Steel soared 21 percent on Friday after Trump’s comments as investors interpreted the president’s post on Truth Social to mean Nippon Steel had received his approval for its long-planned takeover, the last major hurdle for the deal.
“This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the US Economy,” Trump said in a post on Truth Social on Friday.
This week, the Reuters news agency reported that Nippon Steel has said if the merger is approved, it would invest $14bn into US Steel’s operations, including up to $4bn in a new steel mill.
Trump added that the bulk of that investment would occur in the next 14 months and said he would hold a rally at US Steel in Pittsburgh next Friday.
Nippon Steel said it applauded Trump’s decision to approve the “partnership”. The White House did not immediately reply to questions about the announcement.
US Steel share price kept rising after hours and reached $54, just shy of Nippon Steel’s $55-per-share offer price made in late 2023. While no details were released, investors expressed confidence that terms will be similar to those agreed in 2023. Investors said that eventually US Steel will no longer be publicly traded and they will receive a cash payout for their shares.
Politically controversial
The deal has been one of the most highly anticipated on Wall Street after it morphed into the political arena with fears that foreign ownership would mean job losses in Pennsylvania, where US Steel is based. It factored into last year’s election that saw Trump return to the White House.
Pennsylvania Senator Dave McCormick, who also called the deal a “partnership”, on Friday said it was a “huge victory for America and the US Steel Corporation”, that will protect more than 11,000 Pennsylvania jobs and support the creation of at least 14,000 more.
The last pieces of the deal came together surprisingly fast. The Committee on Foreign Investment in the US (CFIUS), which reviews deals for national security risks, told the White House this week that the security risks can be addressed, Reuters reported, moving the final decision to Trump’s desk.
Following an earlier CFIUS-led review, former President Joe Biden blocked the deal in January on national security grounds.
The companies sued, arguing they did not receive a fair review process. The Biden White House rejected that view.
The companies argued Biden opposed the deal when he was running for re-election to win support from the United Steelworkers union in the battleground state of Pennsylvania. The Biden administration had defended the review as essential to protecting security, infrastructure and supply chains.
Trump also initially opposed the deal, arguing the company must be owned and operated in the US.
The United Steelworkers were against the deal as recently as Thursday when they urged Trump to block the deal despite the $14bn investment pledge from Trump.
For investors, including prominent hedge funds, the news spells relief after more than a year of waiting for a resolution. “There were huge high-fives all around today,” one recent investor said, adding, “We understood Donald Trump’s psyche and we played it to our advantage here.”
Investors said Trump appears to have won ground after the pledge for new investments was increased.
“This deal ensures that steelmaking will live on in Pittsburgh for generations,” another investor said.
Oil prices surged on Wednesday after a report by CNN suggested that Israel could launch an attack on Iranian nuclear facilities, according to new US intelligence.
US crude oil jumped 1.1% on Wednesday morning to $62.7 per barrel, whereas Brent crude oil advanced 1% to $66 per barrel.
However, CNN emphasised that it wasn’t clear as yet whether a confirmed decision about the possible attack had been made.
Oil markets have been volatile for the last few days, mainly because of anticipation around the next round of Iran-US nuclear talks, due to be held this weekend. These talks are also expected to help increase global oil supply.
However, any strike against Iran by Israel is likely to negatively impact these negotiations, which in turn, could further fuel Middle Eastern tensions and significantly affect oil markets.
Although Israel has not been shy about its intentions to target Iran, several Iranian nuclear facilities may already be capable of defending themselves against the majority of strikes.
Robert Rennie, head of commodity and carbon research for Westpac Banking Corp, said, as reported by Bloomberg: “This is the clearest sign yet of how high the stakes are in the US-Iran nuclear talks and the lengths Israel may go to if Iran insists on maintaining its commercial nuclear capabilities.”
He added: “Crude will maintain a risk premium as long as the current talks appear to be going nowhere.”
Traditional forex safe havens such as the Japanese yen and the Swiss franc also saw a slight boost following the release of the CNN report.
US-Iran nuclear talks hang in the balance
In talks on the nuclear issue, Iranian officials have warned they could pursue a nuclear weapon with their stockpile of uranium enriched to near weapons-grade levels. US President Donald Trump has repeatedly threatened to unleash airstrikes targeting Iran’s program if a deal isn’t reached.
US special envoy Steve Witkoff said in an ABC News interview on Sunday, as reported by the BBC: “We cannot allow even 1% of an enrichment capability. We’ve delivered a proposal to the Iranians that we think addresses some of this without disrespecting them. We want to get to a solution here. And we think that will be able to.”
He added: “But everything begins from our standpoint with a deal that does not include enrichment. We cannot have that. Because enrichment enables weaponisation, and we will not allow a bomb to get here.”
Earlier this week, Iran’s Supreme Leader Ali Khamenei revealed that he did not believe that the latest round of talks between Iran and the US would be successful.
Despite rising sanctions from the US and some of its allies such as Europe and the UK, Iran has been able to continue exporting crude oil and has also increased its supply in the last few months.
Ongoing Middle Eastern conflicts such as the Israel-Hamas war and Houthi Red Sea attacks have gone a long way in souring relations between Israel and Iran in the last several months.
As such, any new attack, especially on Iran’s nuclear facilities may significantly affect the wider Middle Eastern region and further delay any hope of stability in the area.
The surge in tourism has been primarily driven by holidaymakers from the UK, with Great Britain overtaking Germany as the island’s leading market in the first quarter of 2025
While the influx of tourists boosts the local economy, it also raises serious questions about the island’s infrastructure and environmental sustainability(Image: Getty Images/iStockphoto)
The Canary Islands have been a firm favourite destination for sun-seeking sightseers from the shores for decades, but one isle in particular is witnessing a significant increase in tourism this year.
While Lanzarote has been lauded for its measured and sustainable approach to managing visitor growth, Fuerteventura has experienced the highest surge in tourist arrivals among the Canary Islands during the first quarter of 2025, sparking concerns about the island’s capacity to cope with the rapid influx.
According to official figures, Fuerteventura welcomed a staggering 758,195 tourists between January and March, marking a 7.8 per cent increase compared to the same period last year. This translates to an additional 55,120 visitors in just three months — a substantial jump that far outpaces the growth seen on neighbouring islands.
In contrast, Lanzarote recorded a rise of 1.9 per cent, while Gran Canaria and Tenerife experienced increases of 2.8 per cent and 2.1 per cent, respectively.
Compared with last year, Fuerteventura has seen a 13.2% increase increase of British holidaymakers in the first quarter of 2025(Image: Getty Images)
Fuerteventura’s growing tourist numbers have been primarily driven by British holidaymakers, with the UK overtaking Germany as the island’s leading market, with 243,181 British tourists arriving in the first quarter — a 13.2 per cent increase from the same period in 2024. Meanwhile, German visitor numbers declined slightly by 1.3 per cent, from 239,500 early last year, to 236,398 in 2025.
Fuerteventura’s tourism boom is somewhat of a double-edged sword. The increase in visitors boosts the local economy, supporting jobs in hospitality, retail and transport, but the rapid influx raises serious questions about the island’s infrastructure and environmental sustainability.
Unlike Lanzarote, which has been praised for its strategic tourism management, including controlled development and investment in sustainable infrastructure, Fuerteventura seems to be struggling to keep pace with demand. The island’s roads, water supply, waste management systems and accommodation capacity are all under mounting pressure.
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Fuerteventura’s roads, water supply, waste management systems and accommodation capacity are all under mounting pressure from the increase in tourism(Image: Getty)
Local authorities and residents have voiced concerns about overcrowding, environmental degradation and the strain on natural resources, particularly in popular beach areas and protected natural parks — there have even been anti-tourism protests.
On Sunday, May 18, residents from all over the Canary Islands took to the streets in coordinated mass demonstrations in 15 locations — including in Fuerteventura — to demand an end to what organisers called an “unsustainable and exploitative economic model”.
The Canary Islands have long been a model for balancing tourism with environmental preservation, but Fuerteventura’s current trajectory could threaten this stability. The island’s unique landscapes, including its dunes and marine ecosystems, are vulnerable to overcrowding. Without careful planning and investment, the very attractions that draw visitors to the isle could be harmed, undermining long-term tourism prospects.
There have been anti-tourist protests in Fuerteventura and throughout the Canary Islands(Image: AP)
Experts suggest that Fuerteventura needs to adopt a more sustainable tourism strategy, similar to Lanzarote’s approach. This could include measures such as limiting the number of new hotel developments, enhancing public transport options to reduce traffic congestion, promoting eco-friendly tourism activities, and investing in renewable energy and water conservation technologies.
In November 2024, Jessia de Leon, the Canary Islands’ Minister of Tourism, announced that the archipelago intends to improve on the previous concept of ‘sustainable tourism’ after unveiling a groundbreaking new approach, which focuses on three main areas: new regulatory framework, transforming tourist spaces and climate action. She said: “It’s about erasing or at least compensating for the footprint left by those who visit the Canary Islands.”
Fuerteventura remains a vibrant destination beloved by Brits, but one that stands at a crossroads. It must urgently address the pressures of its newfound popularity to ensure a sustainable future.
Has rising anti-tourist sentiment put you off from visiting the Canary Islands? Let us know in the comments section below
