A breach of a third-party online platform that is widely used by primary schools and colleges has disrupted classes and finals just as the academic year is coming to a close. The University of Illinois , Virginia Tech and Southern Methodist University are among those that have postponed finals because of the cyberattack. The attack targeted a platform called Canvas that students use for everything...
A breach of a third-party online platform that is widely used by primary schools and colleges has disrupted classes and finals just as the academic year is coming to a close. The University of Illinois , Virginia Tech and Southern Methodist University are among those that have postponed finals because of the cyberattack. The attack targeted a platform called Canvas that students use for everything from accessing course materials, turning in assignments and checking grades. Instructure Inc. , which operates Canvas, said it was forced to suspend the service after a May 1 infiltration by a “criminal threat actor.” The perpetrators exploited a vulnerability in a specific account for teachers, an Instructure spokesperson said in an emailed statement, gaining unauthorized access to some of its websites. The company, owned by KKR & Co. , said it had restored much of the service Thursday, though it’s suspended the teacher accounts for now. However, the Canvas platform still wasn’t back online on Friday at some universities, according to representatives and faculty. Some colleges warned that student information might have been accessed. Yale University said on its website that the incident involved unauthorized access to user data in Canvas, potentially including names, email addresses and messages sent through the system. Stanford University said certain identifying information including names, email addresses, student identification numbers and messages between users might have been compromised. Schools around the world, including in Norway and Australia, reported problems, and Columbia University and Princeton University were among the universities experiencing issues. Some Instructure’s K-12 school customers and districts were also affected, including Hillsborough County Public Schools, which includes Tampa, according to a spokesperson. New York City Public Schools, the largest K-12 district in the US with about 1 million students, has seven schools impacted by the Canva...
Earnings Call Insights: Granite Ridge Resources (GRNT) Q1 2026 Management view "We delivered strong operational execution in the first quarter, 18% production growth year-over-year to 34,500 barrels of oil equivalent per day and adjusted EBITDAX of $71 million" (CEO & President Tyler Farquharson), while also flagging two headwinds: "lease operating expense and continued Waha weakness." Farquharson...
Earnings Call Insights: Granite Ridge Resources (GRNT) Q1 2026 Management view "We delivered strong operational execution in the first quarter, 18% production growth year-over-year to 34,500 barrels of oil equivalent per day and adjusted EBITDAX of $71 million" (CEO & President Tyler Farquharson), while also flagging two headwinds: "lease operating expense and continued Waha weakness." Farquharson said the company’s opportunity set "has improved materially since we set guidance in March," pointing to accelerating activity in the Utica and incremental operator-partnership opportunities, including "a Permian Basin opportunity with a major operator who is seeking to grow near-term production, but is budget constrained" and describing the project economics as "55% IRR and 2.4 [ MOI ] at strip" (CEO & President Farquharson). "For the first quarter, oil and natural gas sales totaled $128.3 million" and "Adjusted EBITDAX for the quarter was $71 million, and net cash provided by operating activities was $58.3 million" (Chief Financial Officer R. Kettler), with GAAP results pressured by hedging: "we recorded a net loss of $47 million or $0.36 per diluted share" driven by "a $72 million loss on derivatives" (CFO Kettler). Outlook "On guidance, we are making two changes today" (CEO & President Farquharson): "We are raising the full year LOE guidance range to $7.75 to $8.75 per BOE" and "we are increasing acquisition capital by $25 million at the midpoint," while "Development capital guidance is unchanged at $300 million to $330 million, resulting in total capital guidance of $345 million to $385 million" (CEO & President Farquharson). "Production guidance remains 34,000 to 36,000 BOE per day, and we believe we are on track to meet or exceed the midpoint" (CEO & President Farquharson). Compared with the prior quarter’s call, the company kept the same production and development capital ranges but increased the total capital range via higher acquisition capital and raised the LOE...
Earnings Call Insights: Inogen (INGN) Q1 2026 Management view "Q1 came in at $85.1 million in total revenue, representing 3.4% year-over-year growth ahead of our expectations" (President, CEO & Director Kevin Smith). "International sales were the clear standout in Q1" and "Revenue of $37.7 million represented 18% year-over-year growth" (President, CEO & Director Smith). "U.S. sales were $34.7 mill...
Earnings Call Insights: Inogen (INGN) Q1 2026 Management view "Q1 came in at $85.1 million in total revenue, representing 3.4% year-over-year growth ahead of our expectations" (President, CEO & Director Kevin Smith). "International sales were the clear standout in Q1" and "Revenue of $37.7 million represented 18% year-over-year growth" (President, CEO & Director Smith). "U.S. sales were $34.7 million in the quarter" and "we estimate roughly 60% of new long-term oxygen therapy patients start in a POC" (President, CEO & Director Smith). "We launched the Aurora CPAP mask family in the United States this quarter, and the early read is highly encouraging" and "We will be presenting the full results of that study at Sleep 2026 in Baltimore this June" (President, CEO & Director Smith). "In this quarter, we crossed major milestones" and "We began patient enrollment in IMPACTS-200, our first reimbursement trial for Simeox" (President, CEO & Director Smith). "Total revenue for the first quarter was $85.1 million, an increase of 3.4% from the prior year period" and "foreign exchange had a positive 460 basis point impact on total revenue" (CFO, Executive VP & Treasurer Jason Richardson). "We began execution of our stock repurchase program" and "We purchased approximately 298,000 shares of our common stock for consideration of nearly $1.9 million" (CFO Richardson). Outlook "We are reaffirming our 2026 revenue guidance of $366 million to $373 million" and "For the second quarter of 2026, we expect reported revenue in the range of $94 million to $97 million" (CFO Richardson). "That guidance reflects continued trends in our core POC business, a growing contribution from international sales, the scaling of Aurora and Voxi 5, particularly in the second half, partially offset by continued mix pressures in our D2C and rental channels" (CFO Richardson). Compared with the prior call’s framing that "we expect to drive stronger growth in the back half versus the first half of 2026" (Execut...
Saudi startup Ninja has picked a roster of banks to work on a potential initial public offering in Riyadh, according to people familiar with the matter, pressing ahead with listing plans despite lingering uncertainty over the war in Iran. The quick-delivery firm has lined up Citigroup Inc. , Goldman Sachs Group Inc. , Riyad Capital and UBS Group AG for a possible offering toward the end of the yea...
Saudi startup Ninja has picked a roster of banks to work on a potential initial public offering in Riyadh, according to people familiar with the matter, pressing ahead with listing plans despite lingering uncertainty over the war in Iran. The quick-delivery firm has lined up Citigroup Inc. , Goldman Sachs Group Inc. , Riyad Capital and UBS Group AG for a possible offering toward the end of the year or in early 2027, the people said, asking not to be identified discussing confidential information. The company is seeking to raise about $1 billion from the deal, some of the people said. The plans remain preliminary, and Ninja could still pursue alternatives including a private capital raise if executives decide against moving ahead with an IPO in the near term, the people said. Representatives for Ninja, Goldman, Citi, UBS and Riyad Capital declined to comment. Ninja is picking banks for the IPO against the backdrop of a fragile monthlong US-Iran ceasefire. The company gauged investor appetite earlier in March, including at a conference in London, when Saudi Arabia and other Gulf states were facing Tehran’s retaliation for US-Israeli strikes on the Islamic Republic. The firm raised $250 million in 2025 from a group of local investors led by Riyad Capital, in a deal that valued it at $1.5 billion . Bloomberg News previously reported that Ninja generated about $1 billion in revenue last year and is targeting roughly $1.6 billion in 2026. Read More: Saudi Quick Delivery Startup Ninja Said to Seek Banks for IPO Listing volumes across the Gulf have slumped this year, a slowdown that began even before the conflict. Saudi Arabia’s stock market, however, has proved relatively resilient, helped by higher oil prices that have lifted key stocks such as Aramco and by the kingdom’s lower exposure to Iranian missile strikes compared with the neighboring United Arab Emirates. Several Saudi companies are still moving ahead with listing plans, including an IT services firm that recentl...
Earnings season gathered pace this week, with a busy stretch that saw 20 S&P 500 technology ( XLK ) companies report quarterly results. Year to date, XLK has climbed roughly 17.6%, outperforming the broader S&P 500 index, which is up about 7% over the same period. In this week’s earnings recap, out of the 20 companies that reported, 19 surpassed profit estimates, while only CDW Corporation ( CDW )...
Earnings season gathered pace this week, with a busy stretch that saw 20 S&P 500 technology ( XLK ) companies report quarterly results. Year to date, XLK has climbed roughly 17.6%, outperforming the broader S&P 500 index, which is up about 7% over the same period. In this week’s earnings recap, out of the 20 companies that reported, 19 surpassed profit estimates, while only CDW Corporation ( CDW ) fell short of expectations. On the revenue side, 17 companies exceeded estimates, while only three missed, which included Super Micro Computer's ( SMCI ) miss by $2.21B. On a year-over-year basis, out of 20 companies, except Akamai Technologies ( AKAM ) and Skyworks Solution ( SWKS ) the rest 18 reported EPS growth. All companies, except Skyworks, posted revenue gains. Let’s take a look at some of the companies that reported earnings this week: AMD ( AMD ): The semiconductor company reported first-quarter results and guidance that topped Wall Street's forecast. For the period ending March 28, AMD said it earned an adjusted $1.37 per share as revenue rose 38% year-over-year to $10.25B. Data Center revenue rose 57% year-over-year to $5.78B, aided by its MI-series AI accelerators and its Instinct and EPYC processors. Analysts were anticipating $5.61B in data center revenue. Revenue from the Client and Gaming segment, which houses AMD's PC business, rose to $3.6B, up 23% year-over-year. Client revenue was $2.89B, up 26% year-over-year, while gaming revenue rose 11% to $720M, largely due to strong demand for Radeon gaming GPUs, though they were partially offset by lower semi-custom revenue. Palantir ( PLTR ): In Q1, it earned an adjusted $0.33 per share as revenue surged 85% year-over-year to come in at $1.63B. Included in that was a 104% rise in U.S. revenue to $1.282B. U.S. commercial revenue grew 133% year-over-year to $595M, while U.S. government revenue grew 85% year-over-year to $687M. The company closed 206 deals worth at least $1M during the period, including 72 worth a...
Barbican, London This ambitious and imaginative concert experience blended live and filmed performance. Not all its experiments felt successful, but at its best this was mesmerising While the Southbank Centre marked its 75th anniversary this week with a Danny Boyle spectacular that managed to overlook the building’s six resident orchestras and classical raison d’être in favour of grime, techno and...
Barbican, London This ambitious and imaginative concert experience blended live and filmed performance. Not all its experiments felt successful, but at its best this was mesmerising While the Southbank Centre marked its 75th anniversary this week with a Danny Boyle spectacular that managed to overlook the building’s six resident orchestras and classical raison d’être in favour of grime, techno and drum’n’bass, the Barbican quietly got on with the business of imagining a concert hall for the 21st century. Darkness Visible – a collaboration between violist Lawrence Power and film director Jessie Rodger, who together are creative studio Âme , along with a host of starry musical friends – isn’t a flawless show. But as an experiment in thinking through sound, in testing digital limits and amplifying the live concert experience, it has a lot going for it: the start of a longer conversation about how we experience music in a multimedia, post-internet age. Continue reading...
Thomas Barwick/DigitalVision via Getty Images Introduction From my analysis, Everforth ( EFOR ) is a deep value setup right now. The stock has taken a dive after first quarter, and the current calculations now depends more on whether the reported numbers stabilize or keep going down. In Q1 2026 , the company reported revenue of $968.3 million, adjusted EBITDA of $83.6 million (adjusted EBITDA marg...
Thomas Barwick/DigitalVision via Getty Images Introduction From my analysis, Everforth ( EFOR ) is a deep value setup right now. The stock has taken a dive after first quarter, and the current calculations now depends more on whether the reported numbers stabilize or keep going down. In Q1 2026 , the company reported revenue of $968.3 million, adjusted EBITDA of $83.6 million (adjusted EBITDA margin of 8.6%). So, this is like a beaten company with enough real assets and cash flow history that if investors look deep enough, then the valuation will start to matter. History Everforth is basically the new name for ASGN , with ticker EFOR started from April 24, 2026. So this is not some new company, rather it is the old ASGN with a new name (and a cleaner story if looked deep into). The 2025 10-K says the company provides IT solutions to commercial and government customers and has six core solution areas - cloud and infrastructure, data and AI, software development and engineering, customer experience, cybersecurity, and enterprise platforms. So, this is not a pure AI company but an overall service-based portfolio catering big clients which in itself creates a moat around the business. it shows the actual business description, the Everforth rebrand idea, and the six solution areas (2025 10-K ) Why the stock went down The stock went down because the Q1 numbers showed pressure in profit , (and not because revenue disappeared). The Q1 2026 10-Q says consolidated revenue was $968.3 million (the same as last year) while gross margin fell to 27.5% from 28.4%. Revenue stayed flat, but the company made less gross profit on that revenue (showing operational inefficiencies). When that happens, investors usually put a lower value on the earnings power as it lowers the bottom line (Net Profit). The Q1 release also showed a net income of $5.5 million (down from $20.9 million in the first quarter of 2025) and an adjusted EBITDA margin of 8.6% (down from 9.7%). The important thing for ...
jetcityimage/iStock Editorial via Getty Images U.S. prescriptions for Eli Lilly’s ( LLY ) new obesity pill Foundayo reached 7,335 during the fourth week of its market launch, indicating a slight uptick compared to the prior week, according to analysts, Reuters reported. During the third week of its U.S. availability, the once-daily pill was prescribed 5,612 times in a market dominated by Novo Nord...
jetcityimage/iStock Editorial via Getty Images U.S. prescriptions for Eli Lilly’s ( LLY ) new obesity pill Foundayo reached 7,335 during the fourth week of its market launch, indicating a slight uptick compared to the prior week, according to analysts, Reuters reported. During the third week of its U.S. availability, the once-daily pill was prescribed 5,612 times in a market dominated by Novo Nordisk ( NVO ), which launched its rival drug, the Wegovy pill, early this year. The findings were based on prescription data from healthcare analytics firm IQVIA ( IQV ), which tracks retail prescriptions as well as direct-to-consumer, telehealth, and mail-order prescriptions. During the fourth week of its market launch, the Wegovy pill garnered more than 28,000 prescriptions in the U.S., a sign that the Indiana-based drugmaker continues to trail its Danish rival in the market for oral obesity drugs. While Foundayo prescription data was lower, "we're beginning to see investors looking past initial weekly script tracking metrics as the barometer for Foundayo's future potential, ” RBC Capital Markets analyst Trung Huynh said. With its Q1 2026 results, Eli Lilly ( LLY ) hiked its outlook, with CEO Dave Ricks noting that the market rollout of Foundayo will be “just fine," and more than 20,000 patients have initiated the therapy during its first few weeks on the market. “This is going to play out over quarters, not days, and I just ask people to take a beat and let us execute,” he said. More on Eli Lilly Eli Lilly: No Big Gap To Competition Eli Lilly and Company 2026 Q1 - Results - Earnings Call Presentation Eli Lilly: Buying Opportunity Knocking On The Front Door Again (Rating Upgrade) Dividend Roundup: Eli Lilly, PepsiCo, Apple, Visa, and more Lilly to spend $4.5B to expand manufacturing at two Indiana sites
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since th...
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since then, there have been some new catalysts evolving around both NVDA and also its competitors, as many of them have provided their latest earnings report (ER) for the first calendar quarter of 2026. These ERs have triggered relatively large divergence in terms of share prices movements among the hyperscalers (see the next chart below for an example). For NVDA, it is scheduled to release its next ER, for its 1 st fiscal quarter of 2027, on May 20, 2026. Seeking Alpha Against this background, the goal of this article is to A) explain the changes I anticipate in the ER regarding NVDA’s cash deployment, and B) argue why these changes are total feasibility and could help to expand NVDA’s valuation multiples. As shown in the next chart, with the price and earnings changes since my last writing, NVDA has become the relatively cheaper stock among close peers. For instance, among the mag 7 stocks, its FY1 P/E of 25.3x is the 3 rd lowest (slightly higher than MSFT’s ~25.0x and above META’s 19.3x by a larger margin). Given its growth potential, it becomes the second cheapest in terms of FY2 and FY3 P/E ratios as seen. Next, I will explain a change in cash deployment could support a re-rating of its P/E multiples. Seeking Alpha NVDA stock: too much cash Nvidia has a cash problem: it has too much cash. For instance, on the balance sheet (see the next chart), it has the largest cash pile and lowest leverage among the Mag 7 peers, which all have superb balance sheet strength to start with in my view. And I will have to add that the difference between NVDA and the rest of Mag 7 is massive. To ...