FS KKR Capital press release ( FSK ): Q1 Non-GAAP NII of $0.41 misses by $0.03 . Total investment income of $304M (-24.0% Y/Y) misses by $11.33M . Net asset value of $18.83 per share, compared to $20.89 per share as of December 31, 2025 More on FS KKR Capital FS KKR Capital's Deterioration Isn't Worth Its Hefty 19% Yield FS KKR Capital: One Of The Weakest Links In The Private Credit Chain FS KKR C...
FS KKR Capital press release ( FSK ): Q1 Non-GAAP NII of $0.41 misses by $0.03 . Total investment income of $304M (-24.0% Y/Y) misses by $11.33M . Net asset value of $18.83 per share, compared to $20.89 per share as of December 31, 2025 More on FS KKR Capital FS KKR Capital's Deterioration Isn't Worth Its Hefty 19% Yield FS KKR Capital: One Of The Weakest Links In The Private Credit Chain FS KKR Capital And Morgan Stanley Direct Lending: Dividend Cuts Signal Sell FS KKR Capital Q1 2026 Earnings Preview Top 10 financial stocks with highest dividend yield amid volatile markets
Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures fall as hopes of a U.S.-Iran resolution fade. (00:13) Nintendo ( NTDOY ) slumps 9% over Switch 2 pricing and cautious guidance. (01:13) Dunkin' Donuts owner Inspire Brands files confidentially for IPO. (02:28) This is an abridged transcript. Stock index futures are lower as there seems to be no end in sight t...
Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures fall as hopes of a U.S.-Iran resolution fade. (00:13) Nintendo ( NTDOY ) slumps 9% over Switch 2 pricing and cautious guidance. (01:13) Dunkin' Donuts owner Inspire Brands files confidentially for IPO. (02:28) This is an abridged transcript. Stock index futures are lower as there seems to be no end in sight to the U.S.-Iran conflict after President Trump called Iran’s latest proposal “totally unacceptable.” Iran’s proposal reportedly emphasized Iranian sovereignty over the Strait of Hormuz while calling on the U.S. to end its naval blockade, guarantee no further attacks, lift sanctions, and end a U.S. ban on Iranian oil sales. The Strait of Hormuz remains mostly closed. The Dow and S&P 500 are both down around 0.1% and the Nasdaq is down 0.25%. Crude oil is up 2.3% at $97. Bitcoin is down 1.6% at $80,000. Gold is down 1.3% at $4,655. The FTSE 100 is up 0.1% and the DAX is down 0.3%. Nintendo ( NTDOY ) stock price fell around 9% in Tokyo on Monday after investors reacted negatively to higher Switch 2 pricing and concerns over a weak lineup of games. Investors were also disappointed by Nintendo’s ( NTDOY ) outlook for the current fiscal year. The company forecasts Switch 2 sales of 16.5M units, below the nearly 20M units sold in the previous year, while operating profit guidance of 370B yen came in well below analyst expectations of about 480B yen. The company also said that it will raise the price of its Switch 2 console to $500 from $450, signaling mounting profitability pressure as it enters its second year on the market. The effective date of price revisions in the United States, Canada, and Europe is September 1, 2026. The increases come as memory chip costs surge amid strong AI-related demand. Concerns have also grown because Nintendo ( NTDOY ) remains heavily dependent on its gaming business compared with rivals such as Sony ( SONY ), whose shares rose after it projected s...
ALMATY, Kazakhstan, May 11, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter ended 31 March 2026 (“1Q 2026”).
ALMATY, Kazakhstan, May 11, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter ended 31 March 2026 (“1Q 2026”).
United Parks & Resorts press release ( PRKS ): Q1 GAAP EPS of -$0.69 misses by $0.38 . Revenue of $278.3M (-3.0% Y/Y) misses by $1.3M . Attendance was 3.2 million guests, a decrease of approximately 171,000 guests from the first quarter of 2025. Total revenue per capita increased 2.1% to $86.43 from the first quarter of 2025. Admission per capita decreased 0.5% to $45.81 while in-park per capita s...
United Parks & Resorts press release ( PRKS ): Q1 GAAP EPS of -$0.69 misses by $0.38 . Revenue of $278.3M (-3.0% Y/Y) misses by $1.3M . Attendance was 3.2 million guests, a decrease of approximately 171,000 guests from the first quarter of 2025. Total revenue per capita increased 2.1% to $86.43 from the first quarter of 2025. Admission per capita decreased 0.5% to $45.81 while in-park per capita spending increased 5.3% to a record $40.62 from the first quarter of 2025. More on United Parks & Resorts United Parks & Resorts: Staying Neutral Until I See Broader Signs Of Momentum United Parks & Resorts Inc. 2025 Q4 - Results - Earnings Call Presentation United Parks & Resorts Inc. (PRKS) Q4 2025 Earnings Call Transcript SeaWorld Entertainment Q1 2026 Earnings Preview United Parks & Resorts sued by the DOJ over wheeled walker ban
The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, as President Donald Trump rejected the Islamic Republic’s response to his proposed peace plan, but stopped short of declaring a resumption of fighting. Mica Soellner of Bloomberg Government has more. (Source: Bloomberg)
The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, as President Donald Trump rejected the Islamic Republic’s response to his proposed peace plan, but stopped short of declaring a resumption of fighting. Mica Soellner of Bloomberg Government has more. (Source: Bloomberg)
Funtap/iStock via Getty Images Highlights During the first quarter of 2026, the largest portfolio sector weightings were Information Technology and Health Care. The largest sector overweight was Health Care and the largest sector underweight was Information Technology. The Information Technology and Financials sectors contributed to relative performance while Energy and Consumer Staples were among...
Funtap/iStock via Getty Images Highlights During the first quarter of 2026, the largest portfolio sector weightings were Information Technology and Health Care. The largest sector overweight was Health Care and the largest sector underweight was Information Technology. The Information Technology and Financials sectors contributed to relative performance while Energy and Consumer Staples were among sectors that detracted from relative performance. Market Environment U.S. equities endured a turbulent first quarter, with the S&P 500 Index ( SP500 ) declining 4.33% as two distinct forces converged to reshape the investment landscape. The period began with a sharp recalibration across the software industry, as the emergence of agentic artificial intelligence (AI) tools raised questions about the durability of traditional software business models. Investors moved swiftly to reprice companies most exposed to AI disruption, triggering a broad sell-off that weighed heavily on the technology-heavy corners of the market. The dislocation also spilled into private credit, where several firms with outsized exposure to software faced redemption pressures. Despite this turbulence, the underlying economy remained strong through the opening months of the year — consumers continued to spend, and expectations held firm for another quarter of solid earnings growth within the S&P 500 Index. The second, and more consequential, disruption arrived in late February with the outbreak of the U.S.–Iran conflict and the subsequent closure of the Strait of Hormuz — a critical chokepoint through which roughly 20% of the world's seaborne oil transits. The resulting supply shock sent crude prices surging past $100 per barrel for the first time in four years, injecting potential inflationary pressure into an economy the Federal Reserve (Fed) had been carefully guiding lower. Higher energy costs complicated the Fed's rate-cutting path; markets entered the quarter pricing in two rate cuts in 2026 but e...
Elliott Investment Management has reportedly picked out the banks it wants to use for a combined IPO of Barnes & Noble and Waterstones Booksellers Ltd. in London. Sources indicate that the bookseller listing could value the company at more than £3B ($4B). Barnes & Noble's retail comeback is one of the most surprising turnarounds in the retail sector, as the chain defied predictions that physical b...
Elliott Investment Management has reportedly picked out the banks it wants to use for a combined IPO of Barnes & Noble and Waterstones Booksellers Ltd. in London. Sources indicate that the bookseller listing could value the company at more than £3B ($4B). Barnes & Noble's retail comeback is one of the most surprising turnarounds in the retail sector, as the chain defied predictions that physical bookstores were destined for extinction. Just 25 years ago, the company seemed headed for the same fate as Borders, Book World, BookPeople, WaldenBooks, and B. Dalton after closing locations due to the rise of Amazon ( AMZN ) and e-commerce book buying. While Barnes & Noble survived, for years the company cycled through CEOs and struggled to find its identity. The turning point came in 2019 when Elliott Advisors acquired Barnes & Noble and brought in James Daunt. The chain reverted to its bookstore roots, and Daunt gave individual store managers unprecedented autonomy to curate their inventory based on local tastes. Barnes & Noble also became a more inviting space to relax or hold a small meeting during the same period that certain Starbucks ( SBUX ) and Panera ( PANERA ) started to resemble a mosh pit of pickup orders. Barnes & Noble has also benefited from the BookTok phenomenon on TikTok ), as the social media movement made book buying feel participatory and social rather than solitary. After bottoming out around 600 stores, Barnes & Noble opened approximately 30 new stores in 2023, 61 in 2024, and 67 in 2025. Notably, Waterstones is adding bookstores as well, with some of the same factors in play. More on Renaissance International IPO ETF White House reviewing proposed rules by SEC to encourage IPOs Seeking Alpha’s Quant Rating on Renaissance International IPO ETF
Circle Internet Group Inc. ’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year. The amount of Circle’s USDC stablecoin in circulation rose 28% to $77 billion from the year-earlier period, while the New York-based company noted that its reserve return rate was 3....
Circle Internet Group Inc. ’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year. The amount of Circle’s USDC stablecoin in circulation rose 28% to $77 billion from the year-earlier period, while the New York-based company noted that its reserve return rate was 3.5% in the quarter ended March 31, a fall of 66 basis points and missing expectations of 3.56%. Circle earns most of its profit from the interest paid on US government securities that it holds in reserve to back its stablecoin. Net income from continuing operations fell 15% to $55 million, or 21 cents a share, as operating expenses and compensation costs rose. Revenue and reserve income increased 20% to $694 million, but missed expectations of $720.8 million. The stock — up around 40% since December — rose as much as 5% in pre-market trading. Adjusted earnings before taxation jumped 24% to $151 million, surpassing expectations of $137.9 million. Circle went public in June and its share price skyrocketed as the exuberance surrounding stablecoins, digital assets typically designed to track the value of US dollars one-for-one, was rapidly building ahead of the signing of the first federal regulatory framework for the tokens in July. The stock market optimism faded along with outlook for the sector when crypto prices collapsed in the final three months of last year. Still, the stock price rebounded this year as lawmakers push ahead on legislation to establish a regulatory framework for the crypto industry. Investors have also been encouraged by Circle’s push to develop payments systems for a future with autonomous AI agents that transact in stablecoins. Jeremy Allaire , the co-founder and chief executive officer of Circle, has argued that stablecoins could become the native currency of machine-to-machine commerce. “Circle’s first quarter reflected strong execution against a much...
choness Millions of Americans are unknowingly paying for electricity projects that are yet to be completed, at a time when power demand from AI data centers is soaring, Reuters reported after reviewing regulatory disclosures. Utilities are charging customers for power plants and transmission lines long before they've been built, with savings expected decades down the road. This is being done throu...
choness Millions of Americans are unknowingly paying for electricity projects that are yet to be completed, at a time when power demand from AI data centers is soaring, Reuters reported after reviewing regulatory disclosures. Utilities are charging customers for power plants and transmission lines long before they've been built, with savings expected decades down the road. This is being done through the Construction Work In Progress (CWIP) incentive, which lets utilities include costs of unfinished projects in their rate base. At least 40 U.S. states have some form of the incentive, which was introduced to support overhauling the aging electric grid. CWIP incentives have been used to fund several large projects, Reuters found, including the Vogtle nuclear reactors ( SO ) in Georgia that ran seven years behind schedule and cost more than double the original estimate. In Nevada, Berkshire Hathaway ( BRK.B )-owned NV Energy is charging an average customer about $4 a month to finance its long-range power transmission lines slated to be in service in 2028. The utility said this would ultimately save ratepayers money. Dominion Energy ( D ) already collected around $2B from ratepayers in Virginia for an $11.5B offshore wind farm that's under construction, amounting to a peak charge of $11.23 on an average monthly bill. Dominion said the CWIP structure will save ratepayers $2B over the entire 30-year lifespan of the project. "A ratepayer would need to stay on the system for 52 years before receiving any net benefit from the CWIP model," Mark Garrett, a consultant for Nevada's Bureau of Consumer Protection, told Reuters . "This means that an average 40-year-old ratepayer would be 92 before seeing any benefit from the CWIP approach." Many state CWIP policies were introduced in the past few years – Missouri reversed a 50-year state ban on these incentives to meet data centers' power demand. Kansas, Arkansas, North Carolina and Oklahoma also adopted CWIP provisions since 2...
Global fragmentation, artificial intelligence, and inflation are three defining forces shaping markets which have gained urgency due to recent events such as the war in the Middle East, according to JPMorgan Chase & Co.’s Grace Peters . Despite equity markets trading near highs, Peters said the underlying driver of increased capital expenditure makes valuations sensible. Companies reported a 12% i...
Global fragmentation, artificial intelligence, and inflation are three defining forces shaping markets which have gained urgency due to recent events such as the war in the Middle East, according to JPMorgan Chase & Co.’s Grace Peters . Despite equity markets trading near highs, Peters said the underlying driver of increased capital expenditure makes valuations sensible. Companies reported a 12% increase in capital expenditure beyond AI investments in recent earnings, she noted, arguing this structural shift in spending is driven by national security concerns. “While investors shouldn’t overreact to short-term headlines, they shouldn’t under react to these critical changes taking place beneath the surface of the market,” Peters, the global head of investment strategy at JPMorgan Chase Private Bank, told Bloomberg Television in an interview. She explained that rising capex reflects changing security needs across physical, energy and supply chain domains. Peters warned that rising capex could fuel inflation risks, recommending investors maintain portfolio resilience through inflation-protection assets like gold, while keeping a short-dated bias in bonds. She remains optimistic about earnings growth, expecting it to exceed previous decades due to capital spending and AI-driven margin improvements. Emerging markets represent a key opportunity in JPMorgan’s midyear outlook, with Peters highlighting strong earnings cycles in regions benefiting from commodities, minerals, and the tech supply chain, particularly in South Korea and Taiwan. She noted that China has lagged significantly over the past five years but possesses advantages in power infrastructure critical for AI development. “These are not one-offs, whether it be inflation or geopolitics,” Peters emphasized, explaining that rolling shocks increase the need for both geographic and sector diversification across portfolios, with US, emerging markets, industrials and financials among JPMorgan’s favored areas. This sto...