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Why Stifel Is Bullish on Astera Labs (ALAB) Despite Supply Chain Tightness

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Astera Labs, Inc. (NASDAQ:ALAB) is one of the Trending AI Stocks on Wall Street. On August 27, Stifel analyst Tore Svanberg reiterated a Buy rating on the stock with a $174.00 price target.

The rating reflects the firm’s optimism that Astera Labs can manage potential supply chain constraints effectively especially regarding Taiwan Semiconductor Manufacturing Company’s (TSMC) leading-edge nodes.

Stifel highlighted how TSMC’s early investment in the company has helped it secure manufacturing capacity despite industry-wide shortages.

“We believe ALAB remains well positioned to continue to manage potential supply chain constraints effectively, particularly with TSMC’s leading-edge nodes. TSMC’s early investment in ALABS, coupled with the overlap between the company’s customers and TSMC’s customer base, have also helped secure capacity, supporting the company’s rapid growth despite industry-wide tightness in substrates and manufacturing.”

Astera Labs, Inc. (NASDAQ:ALAB) is engaged in the design, manufacture, and selling of semiconductor-based connectivity solutions for cloud and AI infrastructure.

While we acknowledge the potential of ALAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks Hit with New Analyst Ratings and 10 AI Stocks Analysts Say You Shouldn’t Ignore

Disclosure: None.

Camilla fought off attempted indecent assault as teenager, book says

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Queen Camilla was the victim of an attempted indecent assault as a teenager, according to a new book about the Royal Family. The Queen is said to have fought off her attacker using the heel of her shoe.

The attempted assault is recounted in Power and the Palace by the former Royal editor of the Times newspaper, Valentine Low.

He says the Queen told Boris Johnson the story of her experience in 2008 when he was mayor of London.

It is reported that the Queen was 16 or 17 years old when the incident happened on a train to Paddington Station.

The man is said to have been touching the teenage Camilla Shand when she took off her shoe and hit him with it.

It was, she told Johnson, something her mother had told her to do if she ever found herself in that situation.

When she arrived in London, she reported the incident to station staff and the man was arrested.

Buckingham Palace has made no official statement on the story but is not disputing the details of the account.

Much of the Queen’s public work in recent years has been supporting the victims of domestic violence, sexual assault and rape.

She is patron of the charity SafeLives and has visited women’s refuges and rape crisis centres across the UK and globally.

In a number of powerful speeches, she has spoken of the courage of those who have experienced domestic violence and why they should not feel fear or stigma in coming forward.

In a speech in 2020 she said: “Through my work, I have talked to many women who have lived with coercive control and domestic violence and, thankfully, come out at the other end as the victors not the victims.

“They are some of the bravest people I have ever met. Their stories are harrowing and have reduced even the toughest of their listeners to tears. That is why it is so vital that these survivors should no longer feel any shame or any blame.”

And at a reception at Clarence House in April for SafeLives, she spoke of domestic abuse.

“I would not be standing here if it was 10 years ago because we wouldn’t have been talking about it – it was a taboo subject. Nobody actually wanted to talk about it.

“But now 10 years later we’ve got survivors telling their story who years ago would’ve been too ashamed to come forward to tell their stories, but now they’ll get up and talk and inspire others to talk.”

Sources close to the Queen say she has not gone public with the attempted attack before to avoid drawing attention to her experience rather than to the victims she now works with.

They also say this episode did not motivate the Queen to get involved in supporting domestic violence organisations as that work stemmed from hearing victims stories over the years.

Royal sources also say if discussion around the Queen’s past experience helps destigmatise what far too many girls still suffer today, then that would be a positive from what was a negative episode.

Details of help and support with child sexual abuse and sexual abuse or violence are available in the UK at BBC Action Line.

NYT executive editor's apartment building vandalized with red paint

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The Manhattan apartment building where The New York Times executive editor Joseph Kahn lives was vandalized early Friday in what appeared to be a display of criticism against the paper’s coverage of the war in Gaza.

“Joe Kahn Lies Gaza Dies,” read a message in blank paint written in front of the entrance to the building, located in Greenwich Village, according to photos of the scene.

Other photos showed the building defaced with red paint.

The New York Police Department (NYPD) responded to reports of graffiti at the location shortly before 5 a.m. on Friday, it said in a statement reported by NBC News and the New York Post.

“Upon arrival, officers observed paint on the front steps and doors of the above location,” the NYPD said in the statement.

A spokesperson for the Times confirmed to The Hill that the executive editor was targeted in the incident.

“People are free to disagree with The New York Times’s reporting but vandalism and targeting of individuals and their families crosses a line and we will work with authorities to address it,” Charlie Stadtlander, executive director for media relations and communications at the Times, said in a statement.

The incident came a month after the Times’s office in Manhattan was vandalized by red paint, leaving a message that read, “NYT lies Gaza dies,” NBC News reported.

“As an independent news organization, we receive criticism regularly from those representing entrenched perspectives, hoping to change our reporting,” a spokesperson said at the time.

“While we support the right of groups and individuals to express their point of view, we will not let advocacy groups sway us from covering the conflict fully and fairly.”

‘Check washing’ costs Americans over $1 billion each year, says USPIS — how to spot it and protect your money

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Despite seeming retro, check fraud is experiencing a surprising resurgence, with criminals stealing billions of dollars through these schemes.

According to the U.S. Postal Inspection Service (USPIS), “check washing” fraud is inflicting substantial financial damage on Americans. Postal inspectors report intercepting more than $1 billion in fraudulent checks and money orders annually.

Despite the rise of digital financial transactions, thieves are increasingly targeting mail containing paper checks as a vulnerable point in the system.

Using common household supplies, scammers can modify stolen checks by removing the original information and substituting false details before depositing them under assumed identities. Below, we explain their tactics and how to protect yourself.

Check washing is a theft method where criminals steal checks, commonly from mailboxes, and use household chemicals such as nail polish remover or rubbing alcohol to erase the ink. After removing the original information, the thief changes the payee name and amount, cashes the altered check and escapes with the stolen funds.

This scheme, which has been around for decades, has seen a significant increase in incidents since 2021, with check fraud cases nearly doubling according to the FBI’s Internet Crime Complaint Center. Postal inspectors warn that this troubling trend is expected to worsen throughout 2025.

Criminal organizations have been identified selling stolen checks on digital platforms and recruiting individuals known as “money mules” to deposit falsified checks into fraudulent accounts, according to NASDAQ Verafin. In a contemporary evolution of this long-established fraud scheme, these stolen checks are now being traded on dark web marketplaces in exchange for cryptocurrency.

Real-world cases show just how quickly it can happen, and victims are losing thousands.

According to ABC7 NY, when Carol Perlman mailed a $656 check, criminals altered it to $9,000. Though her bank eventually refunded the money, they only did so after local media covered her story.

Australia’s teen social media ban can be ‘effective’, report says

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Australia could use a range of technologies to implement its social media ban for under-16s but all have risks or shortcomings, a report has found.

The government says its ban, which comes into effect in December, is designed to limit the harmful impacts of social media. The policy has been touted as a world-first and is being watched closely by leaders globally.

Under the new laws, platforms must take “reasonable steps” to prevent Australian children from creating accounts on their sites, and deactivate existing ones.

Though the move is popular with many parents, experts have raised concerns over data privacy and the accuracy of age verification technology.

The federal government commissioned the UK-based Age Check Certification Scheme to test the ways Australia could enforce the ban, and its final report was published on Sunday.

It looked at a variety of methods – including formal verification using government documents, parental approval, or technologies to determine age based on facial structure, gestures, or behaviours – and found all were technically possible.

“But we did not find a single ubiquitous solution that would suit all use cases, nor did we find solutions that were guaranteed to be effective in all deployments,” it said.

Verification using identity documents was cited as the most accurate method, but the report identified concerns that platforms may keep this data longer than required and was anticipating sharing it with regulators, both of which would leave users’ privacy at risk.

Australia – like much of the world – has in recent years seen a series of high-profile data breaches, including several where sensitive personal information was stolen and sold or published.

Facial assessment technology was 92% accurate for people aged 18 or over, but there is a “buffer zone” – about two to three years either side of 16 – in which is it is less accurate. The report said this would lead to false positives, clearing children for accounts, and false negatives, barring users who should be allowed.

There are also privacy and accuracy concerns with parental approval methods, it said.

It recommended that the methods should be “layered” to create the most robust system, and highlighted that many of the technology providers were looking at ways to address circumvention, through things like document forgeries and VPNs (virtual private networks) which obscure the user’s country.

Communications Minister Anika Wells said there was “no one-size-fits-all solution”, that the report showed age checks could be “private, efficient and effective”.

“These are some of the world’s richest companies. They are at the forefront of AI. They use the data that we give them for a bevy of commercial purposes. I think it is reasonable to ask them to use that same data and tech to keep kids safe online,” she told reporters on Monday.

“There is no excuse for social media platforms not to have a combination of age assurance methods in their platforms ready for 10 December.”

Under the ban, tech companies can fined up to A$50m ($32.5m; £25.7m) if they do not take “reasonable steps” to bar those aged under 16 from holding accounts. These steps are still to be defined.

Facebook, Instagram, Snapchat and YouTube are among the platforms affected.

Polling indicates most Australian adults support banning social media for children under 16.

However some mental health advocates say the policy has the potential to cut kids off from connection, and others say it could push children under 16 to even-less-regulated corners of the internet.

They suggest the government should instead focus on better policing of harmful content on social media platforms and preparing children for the reality of life on the web.

Pritzker on 2028: 'I don't know what the future holds'

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Illinois Gov. JB Pritzker (D) would not rule out a 2028 run for president when asked repeatedly about his political future in a Sunday interview.

“I’m not thinking about— that’s too far away,” Pritzker said on CBS News’s “Face the Nation,” regarding the next Democratic candidate for president. “Let’s talk about the 2026 election.”

The Illinois governor announced earlier this summer that he is running for a third term next year.

In the Sunday interview, Pritzker sidestepped questions about whether voters can “walk into the booth in Illinois knowing that you’re going to serve a full term if you’re reelected to a third term.”
“I’ve been in office now for six-and-a-half years. I have dedicated myself, myself entirely to the state of Illinois, and I always will,” he responded.

“I don’t know what the future holds,” he continued. “What I can tell you is I’m totally dedicated to upholding the rights of people in the state of Illinois and making sure that we’re protecting them, especially from a tyrant who’s taken over the White House.”

CBS News’s Ed O’Keefe continued to press Pritzker on his political ambitions.
“But you — are you planning to run for president right now?”
“My plan is to run for reelection as governor of the state,” Pritzker said.
Pritzker touted the “bench among the Democratic Party that is really terrific.”

“I could point to governors. I could point to senators. I think there are a lot of good choices,” he continued. “I can just say that there, you know, there’s no reason for us not to be thinking about all of those choices and thinking about what is it that the American people really want?”

O’Keefe followed up: “When we talk about the bench. Is it responsible, is it accurate to put you on that bench?”
“What’s accurate is that we’ve got a terrific group of people who could be president of the United States, on the Democratic side, and I’m happy to stand with them as we stand against Donald Trump,” Pritzker said.

Pritzker has emerged as a fierce opponent to President Trump, pushing back especially against the Republican leader’s reported plans to send National Guard troops to Chicago, in his effort to crack down on crime in major Democratic-run cities.

In the same interview, Pritzker shot down suggestions that his state undertake a similar mid-decade partisan redistricting push to those seen in Texas and California.

“It’s not something that I want to do, and I’d like it to stop here,” he said. “I know Texas is now signing this map into law. … And we’re now going to see it in California, probably.”

“I hope that it ends there. It ought to end there. And we ought to, you know, get a census done in 2030 and a new map done in 2031,” Pritzker said.

Ollie’s Bargain Outlet Holdings, Inc. (OLLI) Is “The Bargain Place Of All Bargain Places,” Says Jim Cramer

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We recently published 11 Latest Stocks That Jim Cramer Just Talked About. Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) is one of the stocks Jim Cramer recently discussed.

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) is a closeout merchandise and inventory retailer. Its shares have gained 18.9% year-to-date but dipped by 2.2% after its latest earnings report. The results saw the firm beat analyst EPS estimates of $0.94 and revenue estimates of $668 million by posting $0.99 and 679 million. Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)’s revenue and profit guidance for the fiscal year also beat the estimates, but investors, it appears, were aiming for more growth. Cramer discussed consumer spending at the firm:

“I mean I would say that if you default to the companies that have reported in the last 24 hours, actually not a bad bunch to default to, what you find out is that what are the American people doing? Well the American people are shopping at Ollie’s. . .And that is a sign that the American people do not feel very secure. And that’s something that Home Depot said, they don’t feel very secure. That is going to keep projects on the sidelines and keep people from spending the way that they would like.

Ollie’s Bargain Outlet Holdings, Inc. (OLLI) Is "The Bargain Place Of All Bargain Places," Says Jim Cramer
Ollie’s Bargain Outlet Holdings, Inc. (OLLI) Is “The Bargain Place Of All Bargain Places,” Says Jim Cramer

Copyright: sam74100 / 123RF Stock Photo

“I would point out that you mentioned, and I thought it was really terrific, I had them on recently, that if you want the bargain place of all bargain places, it’s Ollie’s. Now David if I took you to my Ollie’s, I am a member of Ollie’s, although I am a lowly private first class, that that’s where you buy books. I bought five books there that were totally waterlogged. . . for like a buck and a quarter! That’s how you make it, David.”

While we acknowledge the potential of OLLI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

Family reunion rules to be tightened in asylum cases

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Joe PikePolitical correspondent and

George WrightBBC News

Getty Images Migrants sit on a dinghy as it prepares to sail into the English Channel on 10 July 2025 in Gravelines, France.Getty Images

Home Secretary Yvette Cooper is to announce details of a tightening of rules for migrants who have been granted asylum bringing their families to the UK.

As MPs return to Westminster, Cooper will also set out reforms to the asylum appeals system.

When a person is granted asylum in the UK, they can apply to bring their family too but Cooper believes changes to policies across Europe mean the UK is now out of kilter with its neighbours and restrictions are needed.

In the Commons this afternoon she is expected to set out the criteria that family members will need to meet – including tougher English language standards and access to sufficient funds.

Cooper will also say she intends to bring forward new legislation to reform the asylum appeals system.

In August 55 small boats crossed the Channel. It was the lowest figure for the month since 2019.

Yet the smuggling gangs seem to be putting more people on each boat – last month there was an average of 65 individuals per vessel.

The Conservatives say “Labour’s claim to have smashed the gangs is completely discredited”.

Reform UK say the “government’s words aren’t matching the reality”.

Cooper will say the government’s overhaul of a “broken” asylum system seeks to end the use of hotels for migrants arriving on small boats – an issue which has led to protests in recent months.

She will also highlight the National Crime Agency’s efforts in tackling people smugglers, saying it led 347 disruptions of immigration crime networks in 2024-25 – the highest level on record and a 40% increase on the previous 12 months.

On Friday the Appeal Court overturned a temporary injunction which would have prevented the Home Office from housing asylum seekers at the Bell Hotel in Epping and it was seen as a possible precedent for legal challenges elsewhere.

Epping Forest District Council will meet later on Monday to decide its next course of action, including whether to take its attempt to prevent the hotel being used for asylum seekers to the Supreme Court.

In the Commons, the home secretary is expected to say the NCA efforts have led to “a significant and long term impact” on people smugglers.

The government’s planned reforms to the asylum system announced in the last few weeks include a new independent body prioritising cases involving asylum accommodation and foreign national offenders within 24 weeks, and a new fast track appeals process.

Cooper will also give an update on the UK’s returns deal with France, where some migrants arriving in the UK on small boats crossing the English Channel will be detained and returned under a pilot scheme lasting 11 months.

She is expected to announce that the first deportations to France are due to take place in the coming weeks.

“Our action to strengthen border security, increase returns and overhaul the broken asylum system are putting much stronger foundations in place so we can fix the chaos we inherited and end costly asylum hotels,” she will tell the Commons.

Cooper will say the UK has a “proud record of giving sanctuary to those fleeing persecution” but the system “needs to be properly controlled and managed”.

Shadow home secretary Chris Philp said the government had “lost control” and was “engulfed in a fully fledged borders crisis”.

He said Cooper’s statement was a “desperate distraction tactic”, and pointed to the rise in asylum seekers being housed in hotels under the Labour government and the record number of arrivals in small boats so far this year.

A Reform UK spokesman said: “We have seen a record number of crossings since Labour came to power last year with no signs of it slowing.”

Reform, they added, had a “detailed plan to deport over 600,000 illegal migrants” in its first term in office if elected. Labour sided “with foreign courts and outdated treaties” while Reform were “on the side of the British people”.

AFP via Getty Images Protesters calling for the closure of the Bell Hotel gather outside the council offices in Epping on 8 August 2025.AFP via Getty Images

Parliament resumes on Monday against a backdrop of protests against hotels housing asylum seekers

A full High Court hearing to decide on a permanent injunction for The Bell Hotel is expected in mid-October.

The government says it plans to stop using hotels for asylum seekers by the end of this Parliament.

Ministers said the judgement on the legal challenge on the Bell Hotel, which was brought by lawyers for the Home Office and The Bell Hotel, would allow the government to do so “in a planned and orderly fashion”.

But some councils say they are still pursuing legal action to stop asylum seekers from being housed in hotels in their areas.

Reform UK said all 12 councils it controlled should explore legal options to stop asylum seekers being housed in local hotels.

Conservative leader Kemi Badenoch urged Tory-run councils pursuing legal action to “keep going” and said advice would be issued to all Conservative councillors following the ruling.

The protests at the Bell Hotel began after an asylum seeker housed there was arrested and subsequently charged with several offences, including an alleged sexual assault on a 14-year-old girl.

Protests against the housing of asylum seekers at hotels – as well as counter-protests – continued to take place across England and Scotland at the weekend including in Epping, London, Gloucester, Portsmouth, Warrington, Norwich and Falkirk.

Trump: 'Would not bother me' to see Comey, Brennan arrested

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President Trump says it “would not bother” him to see former FBI Director James Comey and former CIA Director John Brennan handcuffed and arrested on live television.

In an interview with the Daily Caller’s Reagan Reese released Sunday, Trump said he thinks arrests should be made over the Obama-era investigation into Russia’s involvement in the 2016 election — even though he insisted he’s not involved in the probe.

“I don’t know if there’s going to be. There should be. What they did is a disgrace. They cheated, they lied, they did so many bad things, evil things that were so bad for the country,” Trump said when asked whether he thinks there will be arrests in what Reese described as the “Russiagate” probe.

Trump was also asked who he thinks will be arrested and how quickly, though he did not offer up any names himself.

“They committed all the crimes — there should be — I can’t tell you whether or not because I really I don’t have to stay uninvolved. I’m allowed to stay involved, but I purposely don’t get involved,” Trump said. “I can say that they should be arrested.”

“They should be [arrested] because they’re crooked and they got caught,” he added.

The reporter responded by asking specifically about Comey and Brennan.

“So James Comey and John Brennan, would you be comfortable seeing them handcuffed and arrested live on TV?” Reese asked.

“Would not bother me at all,” Trump responded.

CIA Director John Ratcliffe said last month he made referrals to the Justice Department for Brennan, Comey and former Director of National Intelligence (DNI) James Clapper, saying they could face charges relating to what he called a “hoax” about the election.

Director of National Intelligence Tulsi Gabbard released two sets of documents about the 2016 election, which revealed little new information about Russia’s much-studied efforts to influence the vote.

Trump allies have claimed the intelligence reviews were designed to cast doubt on his victory, but the latest document release did not undercut the central conclusion of the probe: that Russia launched a massive campaign with the hopes of influencing the election.

DraftKings and FanDuel Have Been Great Bets. As the NFL Season Nears, Investors Need a Strong Defense.

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DraftKings and FanDuel Have Been Great Bets. As the NFL Season Nears, Investors Need a Strong Defense.