mohd izzuan S&P 500 earnings accelerated this week with over 125 index members reporting. Key companies such as Disney ( DIS ), Cheniere Energy ( LNG ), Advanced Micro Devices ( AMD ), and Berkshire Hathaway ( BRK.B ), and others provided a window into corporate margins and sector health amid changing economic conditions. Earnings Roundup: Bottom Line: Out of the 125 companies reporting, 110 excee...
mohd izzuan S&P 500 earnings accelerated this week with over 125 index members reporting. Key companies such as Disney ( DIS ), Cheniere Energy ( LNG ), Advanced Micro Devices ( AMD ), and Berkshire Hathaway ( BRK.B ), and others provided a window into corporate margins and sector health amid changing economic conditions. Earnings Roundup: Bottom Line: Out of the 125 companies reporting, 110 exceeded EPS expectations, 13 fell short, and 2 met estimates. Notably, 103 firms posted year-over-year earnings growth. Top Line: Performance remained robust on the revenue front, with 100 companies topping estimates while 25 missed. On a year-over-year basis, 109 of the companies reported revenue expansion. Seeking Alpha (Seeking Alpha) Let’s take a look at some of the companies that reported earnings this week: Advanced Micro Devices ( AMD ) led the technology charge with a robust revenue beat of $10.3 billion and an adjusted EPS of $1.37, supported by a 57% surge in Data Center sales and a Q2 revenue outlook of $11.2 billion. Pfizer ( PFE ) reported $14.45 billion in revenue and an adjusted EPS of $0.75, reaffirming its full-year guidance. Gilead Sciences ( GILD ) surpassed expectations with $7.0 billion in revenue and raised a full-year product sales target of up to $30.4 billion. Disney ( DIS ) maintained its momentum by reporting $25.17 billion in revenue and raising its annual EPS growth target to 12%. Palantir ( PLTR ) delivered an explosive 85% year-over-year revenue jump to $1.63 billion alongside a raised 2026 outlook. McDonald's ( MCD ) topped forecasts with $6.52 billion in revenue and $2.83 EPS, driven by strategic pricing. Uber ( UBER ) reported largely in-line results with $13.20 billion in revenue and an EPS of $0.72. The energy sector faced more volatility. Occidental Petroleum ( OXY ) delivered a strong earnings beat of $1.06 EPS but missed on revenue at $5.11 billion. Cheniere Energy ( LNG ) reports a top-line beat of $5.87 billion while raising its 2026 EBI...
About 100 ships that are either registered in Hong Kong or locally managed or owned are stranded in the strategic Strait of Hormuz amid the United States and Israel’s war with Iran, accounting for an estimated 2,300 trapped seafarers, an industry leader has said. Richard Hext, chairman of the Hong Kong Shipowners Association, told the South China Morning Post on Friday that it was very risky to sa...
About 100 ships that are either registered in Hong Kong or locally managed or owned are stranded in the strategic Strait of Hormuz amid the United States and Israel’s war with Iran, accounting for an estimated 2,300 trapped seafarers, an industry leader has said. Richard Hext, chairman of the Hong Kong Shipowners Association, told the South China Morning Post on Friday that it was very risky to sail vessels through the strait due to the risk of attack, even though the US and Iran had recently...
Adamkaz | E+ | Getty Images Building up a large balance in a health savings account can be a smart financial move to cover medical expenses in old age. But dying with a hefty HSA can pose tax problems for heirs — specifically, non-spouse heirs like children, grandchildren, friends and others, according to financial planners. It's the "big unknown" that people don't understand about the tax-advanta...
Adamkaz | E+ | Getty Images Building up a large balance in a health savings account can be a smart financial move to cover medical expenses in old age. But dying with a hefty HSA can pose tax problems for heirs — specifically, non-spouse heirs like children, grandchildren, friends and others, according to financial planners. It's the "big unknown" that people don't understand about the tax-advantaged accounts, said Carolyn McClanahan, a certified financial planner and founder of Life Planning Partners in Jacksonville, Florida. The good news is: There are some ways to avoid the snafu. The HSA tax problem HSAs offer a three-pronged opportunity for tax savings: Contributions and growth are tax-free; withdrawals are, too, as long as used for qualifying medical expenses like doctor visits and prescriptions. Consumers can only contribute to the accounts if they have a high-deductible health insurance plan . watch now VIDEO 5:04 05:04 Americans drop health care insurance coverage as premiums surge Markets and Politics Digital Original Video Financial advisors often recommend that users invest their contributions for the long term if they can afford to pay for medical care out of pocket rather than raid their HSA. Account holders who treat their HSA this way can build a sizable balance, as with other investment accounts like 401(k)s that receive regular contributions and growth. McClanahan, a member of CNBC's Financial Advisor Council , said one of her clients had a $600,000 HSA, for example. Why large HSAs can pose a tax problem after death The tax rules are straightforward when it comes to spouses who inherit an HSA from a deceased account holder: the rules are essentially the same. The account transfer isn't taxable, and the surviving spouse can continue to take tax-free distributions from the account for qualified medical expenses. However, that's not true for non-spouse beneficiaries who inherit HSAs. Read more CNBC personal finance coverage Used EV sales are surging —...
Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role as the ultimate guarantor against risks posed by stablecoins, said European Central Bank Governing Council member José Luis Escrivá. “Recent developments in artificial intelligence force us to reassess the robustness of our financial infrastructure and our cy...
Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role as the ultimate guarantor against risks posed by stablecoins, said European Central Bank Governing Council member José Luis Escrivá. “Recent developments in artificial intelligence force us to reassess the robustness of our financial infrastructure and our cybersecurity,” Escrivá, who’s also Bank of Spain governor, said at an event in Tarragona on Saturday. Anthropic ’s Mythos model has sparked global fears of a new era of cyberattacks. The AI platform — developed by the San Francisco-based company — is a source of concern for regulators, central bankers and corporate executives, who are looking to gain more insight into the new tool because it hasn’t been widely released. There’s also a sense that financial systems outside the US, including those in Europe, are at a disadvantage because they have limited access. “We are living through an unprecedented wave of technological change that’s redefining the very fabric of our economies, but also bringing new risks,” Escrivá said. Those dangers also include the potential implications of private stablecoins, he added. “Private stablecoins, by their nature, cannot anchor the monetary system: their stability rests on contingent confidence in their backing, and that confidence can vanish at the very moment it’s most needed,” Escrivá said. “What central banks provide — and what no private instrument can substitute — is the ultimate anchor of trust on which financial systems rest.” Read more: Lagarde Sees Euro-Stablecoin Risks for Banking, Monetary Policy ECB President Christine Lagarde also warned Friday about the risks of stablecoins. The financial instruments are mostly pegged to the US dollar and have surged in popularity over the past year as a way to move money across borders and bypass traditional payment systems. Their rise has prompted questions over whether Europe needs its own v...
Spaniard will leave Bournemouth at end of the season Chelsea and other Premier League sides also interested Crystal Palace are stepping up their attempts to convince Bournemouth’s Andoni Iraola to take over from Oliver Glasner and are set to offer him a lucrative three-year contract. It is understood that Palace have made Iraola, who confirmed last month that he will be leaving Bournemouth at the ...
Spaniard will leave Bournemouth at end of the season Chelsea and other Premier League sides also interested Crystal Palace are stepping up their attempts to convince Bournemouth’s Andoni Iraola to take over from Oliver Glasner and are set to offer him a lucrative three-year contract. It is understood that Palace have made Iraola, who confirmed last month that he will be leaving Bournemouth at the end of the season, their preferred target and held initial talks with the Spaniard’s camp in the past few weeks. Continue reading...
On May 8, 2026, CTONE held its AI Computing Strategy Transformation and New Product Launch Event in Shenzhen, officially announcing its transition from a "global leader in Mini PCs" to a "builder of the AI computing ecosystem," and unveiling the CTONE Agent Computer and AI Agent Workstation series.
On May 8, 2026, CTONE held its AI Computing Strategy Transformation and New Product Launch Event in Shenzhen, officially announcing its transition from a "global leader in Mini PCs" to a "builder of the AI computing ecosystem," and unveiling the CTONE Agent Computer and AI Agent Workstation series.
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court Authored by Thomas Brooke via Remix News, A hotel in the Austrian city of Salzburg is defending its refusal to allow two women to use its pool while wearing burkinis, arguing that the decision was based on hygiene concerns rather than discrimination. The case is now before the Salzburg Administrative Court...
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court Authored by Thomas Brooke via Remix News, A hotel in the Austrian city of Salzburg is defending its refusal to allow two women to use its pool while wearing burkinis, arguing that the decision was based on hygiene concerns rather than discrimination. The case is now before the Salzburg Administrative Court after the operators of the hotel in Pongau appealed fines imposed by the district authority, according to Salzburger Nachrichten . Boshra and Jasmina Amasha, two sisters from Upper Austria, had booked a short wellness break at the hotel on Oct. 25 last year. They arrived early with the intention of using the swimming pool before going hiking. The dispute started at reception when one of the women mentioned that she was going to retrieve her burkini from the car. Staff told her that burkinis were not allowed in the hotel pool, a decision that was upheld after a phone call with the hotel manager. The hotel manager later confirmed in court that women wearing burkinis were not welcome in the pool. She said the policy was linked to hygiene, arguing that longer fabric could carry bacteria into the water. She acknowledged that she did not have scientific evidence to support that concern, but said the hotel also operated as a spa and had to place particular emphasis on cleanliness, especially because many older guests used the facilities. The hotel’s co-manager also told the court that there was no formal written swimwear policy, but said long swimwear could have a negative effect on water hygiene. He added that the hotel had also previously asked guests wearing long swimming shorts to change. The sisters reject the hygiene explanation. Jasmina Amasha said the phone conversation was not presented to them as a technical discussion about pool standards, but instead included remarks such as, “Here in Austria, we have to adapt,” and, “We could go swimming in Saudi Arabia wearing a bur...
andreswd/E+ via Getty Images The stock market is stretching for new all time highs, but in my view this is hardly a time to be complacent. The AI infrastructure trade is looking extremely crowded with semiconductor stocks having added hundreds of billions in market cap despite a cyclical demand profile, forcing us to look elsewhere for contrarian bargains. CarGurus ( CARG ), in my view, remains a ...
andreswd/E+ via Getty Images The stock market is stretching for new all time highs, but in my view this is hardly a time to be complacent. The AI infrastructure trade is looking extremely crowded with semiconductor stocks having added hundreds of billions in market cap despite a cyclical demand profile, forcing us to look elsewhere for contrarian bargains. CarGurus ( CARG ), in my view, remains a deeply underappreciated play. The number one used car site in the U.S. continues to mint profit growth and an expanded dealer base. The stock just dropped 7% post Q1 earnings, and while it was certainly a mixed quarter that didn't showcase any meaningful new catalysts for the bull case in the stock, I also saw no red flags and am happy to add to my position on the dip. Data by YCharts I last wrote a buy article on CarGurus in February, when the stock was trading closer to $29. Since then, even after the post earnings drop, CarGurus has outpaced the broader S&P 500 with a ~20% rebound. To me that's a clear indication that investors are beginning to get behind the value proposition here against a very stable business. I reiterate my buy rating on CarGurus. As a reminder for investors who are newer to CarGurus, here is what I view to be the core drivers of the bull case for the company: Consistent growth driven by dealership increases and higher average revenue per dealership. CarGurus has maintained low/mid teens revenue growth even in a tougher consumer economy. Its international growth in particular is substantially boosting its market potential as dealer counts scale. Gradually infusing AI into its product . Its product expansion is making it an essential partner to dealerships, with new tools such as automated pricing updates. On the consumer end, the company is also directly integrated into ChatGPT, giving the company direct access to an important new traffic channel. Best-in-class gross margins. CarGurus' pro forma gross margins sit in the low 90s, which skews toward th...
PM Images/DigitalVision via Getty Images AI disruption fears and concerns about SaaS loan performance have led to serious valuation headwinds for private credit platforms like Blackstone Secured Lending ( BXSL ) this year. While Blackstone Secured Lending beat NII expectations for its first quarter by $0.03 per-share , the investment firm saw a considerable increase in its non-accrual ratio which ...
PM Images/DigitalVision via Getty Images AI disruption fears and concerns about SaaS loan performance have led to serious valuation headwinds for private credit platforms like Blackstone Secured Lending ( BXSL ) this year. While Blackstone Secured Lending beat NII expectations for its first quarter by $0.03 per-share , the investment firm saw a considerable increase in its non-accrual ratio which was previously central to my strong bullish outlook for the BDC. Because of a higher number of non-performing loans in the portfolio, Blackstone Secured Lending's dividend coverage ratio dropped to just 100%. With no excess coverage currently represented in the firm's NII performance and a high non-accrual percentage exceeding 3%, I am downgrading shares, despite a 10% discount to net asset value. Data by YCharts Previous rating The consistent theme behind my 'Strong Buy' ratings for Blackstone Secured Lending -- Why I Am Buying The SaaS Crash -- was that the BDC had higher-than-average asset quality, making a dividend cut less probable. Blackstone Secured Lending consistently ranked at the high-end of the performance chart in the BDC sector in terms of loan performance and non-accrual ratios... which unfortunately changed in Q1'26. In the first fiscal quarter, Blackstone Secured Lending saw a material rise in non-accruals, which is why I am changing my rating to 'Hold.' BXSL: drop in Q1 dividend coverage to 100%, material rise in non-accruals above Blackstone Secured Lending saw a drop-off in its net investment income in the first quarter, amid growing pressure on base rates as well as loan underperformance affecting the BDC negatively. In Q1'26, the private credit platform generated $179M in net investment income (-5% Y/Y), mainly because of a reduction in interest income (-10% Y/Y). The main reason for this is that debt yields in the BDC's portfolio continued to contract, leading to headwinds for BXSL in its main income category. Blackstone Secured Lending's weighted-ave...
koto_feja/E+ via Getty Images Introduction Palantir’s ( PLTR ) correction after earnings is more about valuation exhaustion rather than declining fundamentals since Palantir had 85% revenue growth, 133% commercial growth in the US, a 145% Rule of 40 metric and raised the full-year forecast significantly. Such numbers don't suggest a slowdown in business growth. In my opinion, the problem is that t...
koto_feja/E+ via Getty Images Introduction Palantir’s ( PLTR ) correction after earnings is more about valuation exhaustion rather than declining fundamentals since Palantir had 85% revenue growth, 133% commercial growth in the US, a 145% Rule of 40 metric and raised the full-year forecast significantly. Such numbers don't suggest a slowdown in business growth. In my opinion, the problem is that the market has trouble digesting Palantir's fast scaling given its immense rally for several consecutive years. The momentum may have faded but the company is executing exceptionally well. In such conditions, I still view any drop as a long-term buying opportunity since Palantir has become more about AI-based infrastructure rather than enterprise software. Palantir Is Becoming AI Infrastructure One of the most important aspects that stands out about this quarter was not the beat in the top line. It was the understanding that Palantir's AI Platform is becoming more of an operational infrastructure than software. The management emphasized an important trend in AI at present: the cost of tokens has fallen by about 1,000x in the last three years, but AI in the corporate setting is still speeding up through the Jevons paradox. To put it simply, as the cost of using AI becomes significantly lower, firms find themselves utilizing it in many more processes than before. Palantir profits from this development since enterprises started realizing that implementation of AI in an actual business is difficult. They are already accustomed to model providers such as OpenAI, Anthropic and Google but the true pain point for corporations is governance, permissions, workflow management, auditing and similar things. This is where Palantir's Ontology comes into play. Ontology acts as a sort of translation layer between AI reasoning and enterprise operational framework. It defines how the corporation works, who holds decision-making power and similar things. As a result, it prevents unpredictable b...
koto_feja/E+ via Getty Images Introduction Palantir’s ( PLTR ) correction after earnings is more about valuation exhaustion rather than declining fundamentals since Palantir had 85% revenue growth, 133% commercial growth in the US, a 145% Rule of 40 metric and raised the full-year forecast significantly. Such numbers don't suggest a slowdown in business growth. In my opinion, the problem is that t...
koto_feja/E+ via Getty Images Introduction Palantir’s ( PLTR ) correction after earnings is more about valuation exhaustion rather than declining fundamentals since Palantir had 85% revenue growth, 133% commercial growth in the US, a 145% Rule of 40 metric and raised the full-year forecast significantly. Such numbers don't suggest a slowdown in business growth. In my opinion, the problem is that the market has trouble digesting Palantir's fast scaling given its immense rally for several consecutive years. The momentum may have faded but the company is executing exceptionally well. In such conditions, I still view any drop as a long-term buying opportunity since Palantir has become more about AI-based infrastructure rather than enterprise software. Palantir Is Becoming AI Infrastructure One of the most important aspects that stands out about this quarter was not the beat in the top line. It was the understanding that Palantir's AI Platform is becoming more of an operational infrastructure than software. The management emphasized an important trend in AI at present: the cost of tokens has fallen by about 1,000x in the last three years, but AI in the corporate setting is still speeding up through the Jevons paradox. To put it simply, as the cost of using AI becomes significantly lower, firms find themselves utilizing it in many more processes than before. Palantir profits from this development since enterprises started realizing that implementation of AI in an actual business is difficult. They are already accustomed to model providers such as OpenAI, Anthropic and Google but the true pain point for corporations is governance, permissions, workflow management, auditing and similar things. This is where Palantir's Ontology comes into play. Ontology acts as a sort of translation layer between AI reasoning and enterprise operational framework. It defines how the corporation works, who holds decision-making power and similar things. As a result, it prevents unpredictable b...
narvo vexar/iStock via Getty Images We are currently in late stages of busy BDC Q1 2026 earnings season. Many industry giants have already shared their reports in which we can see several common patterns. Some of them are more important than others. But the main one which is what has for many investors raised more questions than answers is the system-wide NAV contraction . What has made the situat...
narvo vexar/iStock via Getty Images We are currently in late stages of busy BDC Q1 2026 earnings season. Many industry giants have already shared their reports in which we can see several common patterns. Some of them are more important than others. But the main one which is what has for many investors raised more questions than answers is the system-wide NAV contraction . What has made the situation ambiguous (and stressful) is the unfavorable BDC price actions. In the chart below we can see how the broader BDC market ( BIZD ) has responded to the first Q1 data points: YCharts I guess it would be fair to say that many BDC bulls expected some kind of recovery given how deeply discounted BDCs have become in the past couple of months (e.g., driven by SaaS fears, rising defaults, redemption gating etc.). After assessing almost all major BDC earnings reports, I have to say that a) the system-wide NAV drops are fully logical and, more importantly, b) they should not be viewed as another reason to exit the BDC space. It sounds counterintuitive, I know. So, understanding this, I think that it would be helpful if I shared my immediate perspectives on the situation which will, hopefully, help investors make more informed investment decisions (e.g., not panic sell). Let me explain. The complication As I said, the combination of NAV contractions and negative price reactions despite steep discounts might add to the BDC investor stress. Here is a high-level summary of select BDC data points that capture the story well. Ticker NAV change (q-o-q) Price change (from Q1 earnings date) P/NAV ARCC -1.80% 0.18% 0.96x OBDC -2.80% -3.75% 0.79x OTF -4.90% -4.80% 0.67x GBDC -3.40% -4.60% 0.92x TSLX -4.40% -8.90% 1.10x OCSL -3.80% -5.00% 0.79x Click to enlarge The conclusions are clear. NAV declines (Q4 2025 vs. Q1 2026) are widespread across the board. BDCs that have been affected by this are not only those with heavy discounts but also high-quality (premium) ones. And while there are some...
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) is a unique business. The conglomerate was, basically, the investment vehicle of longtime CEO Warren Buffett. Buffett's investment success was so impressive that he was nicknamed the Oracle of Omaha. However, Buffett handed off the top job to Greg Abel at the end of 2025, leaving investors to wonder what would come next for the business Buffett built. I...
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) is a unique business. The conglomerate was, basically, the investment vehicle of longtime CEO Warren Buffett. Buffett's investment success was so impressive that he was nicknamed the Oracle of Omaha. However, Buffett handed off the top job to Greg Abel at the end of 2025, leaving investors to wonder what would come next for the business Buffett built. It looks like more of the same, which is why the stock could help set long-term investors up for life. Here's what you need to know. Image source: Getty Images. Continue reading