Pakorn Supajitsoontorn/iStock via Getty Images Market Review The first quarter began with the belief that the global economy might be about to see some acceleration in growth coincide with a continued, albeit slow moderation in inflation, allowing further rate cuts in the US and UK. However, the combined US/Israeli attack on Iran and the expansion into a continuing conflict abruptly altered that perspective. The effective closure of the Strait of Hormuz, which has significantly reduced the global flow and supply of oil from the Middle East, drove oil and gas prices higher, and has meant a significant reassessment of the growth and inflation outlook ahead. Markets have reversed course on interest rate expectations, with some anticipation that central banks may need to raise rates in the near term in an attempt to stifle inflation before it becomes entrenched. Debate as to how long the war will last and how long oil prices will remain high has become a focal topic, with a lack of clarity as to what the main objectives of the key protagonists in the conflict are. Meanwhile, the Russia/Ukraine war has continued, passing the four-year mark, with little sign of progress towards a resolution. “We believe the Middle East conflict is likely to have a combined dampening effect on global growth largely through its effect on energy prices and a range of other commodities, while also putting upward pressure on inflation.” Performance Summary For the quarter ended March 31, 2026, the Fund’s Class I shares returned -2.46%, excluding sales charges. In comparison, the Fund’s unmanaged benchmark, the Bloomberg Global Aggregate ex USD Index (Unhedged), returned -1.87% for the same period. Average Annual Total Returns (3/31/26) Share Class / Inception Date 3 Month YTD 1 Year 3 Year 5 Year 10 Year Class A (NAV) 12/30/05 -2.52% -2.52% 2.81% 1.82% -2.62% -0.56% Class A (4.50% max. load) -6.93% -6.93% -1.82% 0.26% -3.51% -1.01% Class I (NAV) 12/30/05 -2.46% -2.46% 2.99% 2.00% -2.40% -0.24%...

Assertio Holdings ( ASRT ) said on Monday that Garda Therapeutics has raised its all-cash tender offer to $21.80 per share, valuing the drugmaker at about $153.2M. Shares jumped 17% in early trading. The revised bid represents a 21.1% increase over Garda’s initial April 8 offer and a 63.1% premium to Assertio’s unaffected share price on March 20, the day before "a significant share price and trading volume movement." The companies entered into an amended merger agreement on May 1 following a “window-shop” process in which Assertio engaged with multiple parties and received a superior proposal, prompting further negotiations with Garda. Assertio’s board said it determined the increased offer provides the best outcome for shareholders, citing higher cash consideration and fully committed financing. Under the terms, Garda will acquire all outstanding shares for $21.80 apiece in cash, with no contingent value rights attached. The deal is expected to close in the second quarter of 2026. After completion of the tender offer, Garda will acquire any remaining shares through a second-step merger at the same price, and Assertio will be delisted from the Nasdaq. More on Assertio Holdings Assertio: Why I'm Selling The Rally (Rating Downgrade) Assertio Holdings, Inc. (ASRT) Q4 2025 Earnings Call Transcript Garda Therapeutics to acquire Assertio Assertio outlines $110M–$125M 2026 revenue target with Rolvedon at the core while shifting business development approach Seeking Alpha’s Quant Rating on Assertio Holdings

Earnings Call Insights: Superior Group of Companies (SGC) Q1 2026 Management View "We had a good start to the year. First quarter revenue was up 3%... and EBITDA increased to $4.8 million from $3.5 million last year. EPS was $0.06 compared to a $0.05 loss in the first quarter of 2025." (Chairman & CEO Michael Benstock) "The environment is still uncertain, including the added uncertainty around the Iran conflict, but we're staying focused on execution, and we're encouraged by what we're seeing." (Chairman & CEO Benstock) "Starting with branded products... revenue grew 5% year-over-year for the second quarter in a row, driven by volume gains within existing customer accounts." (Chairman & CEO Benstock) "Moving to health care apparel, I want to welcome Chris Hein, who recently joined us as President of that segment." (Chairman & CEO Benstock) "Turning to Contact Centers. Revenue was down 8% versus the first quarter of 2025, mainly because of prior year client attrition." (Chairman & CEO Benstock) "We grew consolidated revenue by 3% in the first quarter to $141 million." (CFO, President Michael Koempel) "Our gross margin rate improved 30 basis points on a consolidated basis to 37.1% for the first quarter." (CFO, President Koempel) Outlook "To close, based on the solid start to the year, we're maintaining our full year guidance. We expect 2026 net sales of $572 million to $585 million and diluted EPS of $0.54 to $0.66." (CFO, President Koempel) "As we have mentioned before, our business is typically back-half weighted with sequential improvement through the year, and that's reflected in our 2026 guidance." (CFO, President Koempel) "Consistent with prior year, we expect a back-end weighted cadence to 2026 for both the top and bottom lines." (CFO, President Koempel) Financial Results "Our resulting first quarter EBITDA was $4.8 million, up from $3.5 million a year ago, with EBITDA margin improving 80 basis points to 3.4%." (CFO, President Koempel) "Net interest expense cam...

Baldwin Insurance Group ( BWIN ) stock was surging after the company announced an expanded enterprise relationship with Anthropic ( ANTHRO ) for the deployment of the advanced AI assistant, Claude. BWIN shares were +2.54% higher at $22.59 during pre-market trading on Monday. The Tampa, Florida-based insurer is set to integrate Claude across its segments and functional business groups in a firm-wide rollout. BWIN plans to equip advisors, client experience, and operational leaders with an AI platform designed to enhance productivity, accelerate decision-making, and support complex, end-to-end workflows. The initial use cases will focus on enabling frontline advisors and client teams to more efficiently analyze risk, synthesize client information, and support tailored insurance solutions. Furthermore, business leaders will be empowered to optimize operational processes through AI-driven insights and automation. Over time, the capabilities will extend to more advanced, agentic workflows that support end-to-end process execution. Baldwin had previously deployed Claude within targeted areas of the business, delivering measurable improvements in the quality of client-facing insights, productivity, and workflow efficiency. More on The Baldwin Insurance Group, Anthropic Anthropic Is Taking Over Enterprise Wall Street Lunch: Anthropic Tries To Contain Claude Code Instruction Leak Anthropic's IPO: What You Need To Know Anthropic confirms deal to launch enterprise AI services business Anthropic joins forces with Blackstone and Goldman in bold $1.5B AI push: report

Why Meta Platforms (META) is a Top Value Stock for the Long-Term Yahoo Finance

Key PointsCompanies like Intel impressed with their earnings reports.

Tesla's European rebound continues in April despite decline in Norway and Spain Reuters

Tesla posts mixed April sales across Europe but overall rebound stays on track Reuters

German Vice Chancellor Lars Klingbeil continued to push for a European Union windfall tax to cushion the fallout from the energy price spike for households and companies. “It’s an important issue that I will address once again today: the question of the windfall profits tax,” he told reporters on Monday. “I know that there is currently no majority support for this in Brussels, but it is precisely in Brussels that it is worth persisting in the face of resistance.” Speaking ahead of a meeting of euro-area finance chiefs, Klingbeil said he’s “firmly convinced that it is unfair for large corporations to profit from the current situation; therefore, I believe it is only fair and a matter of justice that the corporations profiting from the crisis should contribute to the costs of the crisis.” “I am advocating for this again today and will do so in the Eurogroup as well,” said the German, who also heads his country’s finance ministry. “I have countries like Spain and Italy on my side, and the task now is to find majorities.”

格隆汇5月4日｜特斯拉新车注册量4月继续在部分欧洲市场回升，在瑞典、法国和丹麦的注册量均同比翻倍，荷兰也有所增长，但在挪威和西班牙则大幅下滑。根据Mobility Sweden和bilstatistik.dk发布的数据，特斯拉4月在瑞典注册量同比增长111%，丹麦增长102%。法国注册量也增长112%，荷兰增长23%。行业组织ANFAC和数据编制机构OFV周一公布数据显示，特斯拉在西班牙的新注册量下降47%，挪威下降61%。

hapabapa Palantir Technologies ( PLTR ) is set to report earnings after the closing bell Monday, with investors focused on commentary around growth drivers and execution. Market expectations center on continued momentum in its Foundry platform, where recent product enhancements and faster deployment cycles—often described as “warp speed”—are seen supporting customer expansion. Participants will also parse guidance for signs of sustained demand across government and commercial segments, including potential traction tied to U.S. federal initiatives and data modernization efforts. Margin trends, deal pipeline, and bookings will be closely watched for confirmation of durable revenue visibility. Overall, the call is expected to provide clarity on scalability, pricing power, and the pace at which new use cases translate into incremental growth. Listed below is what traders on Kalshi are predicting when asked what Palantir will say in its upcoming earnings call: Foundry — 99% chance. International — 98% chance. Warp Speed — 93% chance. Revenue guidance — 87% chance. USDA — 79% chance. Partnership — 77% chance. Lethal — 69% chance. Iran / Iranian — 63% chance. Healthcare — 58% chance. Israel — 46% chance. Automotive — 31% chance. Nvidia — 31% chance. Stellantis — 30% chance. Commercial Growth — 27% chance. Government Contract — 24% chance. Gotham Platform — 18% chance. Polymarket — 17% chance. More on markets Superior Group of Companies, Inc. (SGC) Q1 2026 Earnings Call Transcript AWF: This Fund Is Doing Far Better Than The Share Price Performance Suggests Chemours: Thesis Materialization In 2026 (Rating Downgrade) IonQ's Q1 results could feature tailwinds from 'both ways of the Beltway,' Wedbush says Most and least shorted mid-to mega-cap healthcare stocks in May

hapabapa Palantir Technologies ( PLTR ) is set to report earnings after the closing bell Monday, with investors focused on commentary around growth drivers and execution. Market expectations center on continued momentum in its Foundry platform, where recent product enhancements and faster deployment cycles—often described as “warp speed”—are seen supporting customer expansion. Participants will also parse guidance for signs of sustained demand across government and commercial segments, including potential traction tied to U.S. federal initiatives and data modernization efforts. Margin trends, deal pipeline, and bookings will be closely watched for confirmation of durable revenue visibility. Overall, the call is expected to provide clarity on scalability, pricing power, and the pace at which new use cases translate into incremental growth. Listed below is what traders on Kalshi are predicting when asked what Palantir will say in its upcoming earnings call: Foundry — 99% chance. International — 98% chance. Warp Speed — 93% chance. Revenue guidance — 87% chance. USDA — 79% chance. Partnership — 77% chance. Lethal — 69% chance. Iran / Iranian — 63% chance. Healthcare — 58% chance. Israel — 46% chance. Automotive — 31% chance. Nvidia — 31% chance. Stellantis — 30% chance. Commercial Growth — 27% chance. Government Contract — 24% chance. Gotham Platform — 18% chance. Polymarket — 17% chance. More on markets Superior Group of Companies, Inc. (SGC) Q1 2026 Earnings Call Transcript AWF: This Fund Is Doing Far Better Than The Share Price Performance Suggests Chemours: Thesis Materialization In 2026 (Rating Downgrade) IonQ's Q1 results could feature tailwinds from 'both ways of the Beltway,' Wedbush says Most and least shorted mid-to mega-cap healthcare stocks in May

Flight 169 from Venice, Italy, landed safely at Newark Airport with no reported injuries among the 231 passengers and crew. The lorry driver sustained minor injuries.

格隆汇5月4日｜俄罗斯国防部4日上午通报说，俄防空系统在11小时内击落了117架乌克兰固定翼无人机。同日，乌克兰空军在社交媒体发文称，3日晚至4日凌晨，俄军从多地向乌境内发射了155架无人机。俄国防部通报说，当地时间3日20时至4日7时，包括阿斯特拉罕州、别尔哥罗德州、伏尔加格勒州、卡卢加州、梁赞州、萨拉托夫州、莫斯科及莫斯科州等俄多地遭到乌克兰无人机袭击，俄防空系统共拦截并击落了117架固定翼无人机。乌克兰空军发文说，3日晚至4日9时，乌防空火力和电子战部队在乌克兰北部、南部和东部空域拦截了135架无人机。乌境内10处地点遭到14架攻击型无人机袭击，另有4处地点被无人机碎片击中。

Microsoft (MSFT)-backed OpenAI has secured more than $4 billion from investors for a new joint ventu

Microsoft (NASDAQ:MSFT) Given New $550.00 Price Target at China Renaissance MarketBeat

Why the iShares Semiconductor ETF Jumped 40% in April The Motley Fool

Source: Bloomberg, 0:00

(RTTNews) - Amgen Inc. (AMGN) Monday revealed its plan to invest an additional $300 million in its U.S. manufacturing network to further advance U.S.-based production capacity. The investment in Juncos, Puerto Rico is expected to enhance next-generation technologies and support a

(RTTNews) - Trex Company, Inc. (TREX), a manufacturer of wood-alternative composite decking and railing, Monday announced that it has appointed Zachary Lauer as its Chief Operating Officer and Senior Vice President.

OpenAI ( OPENAI ) has reportedly raised over $4B for a new joint venture, focusing on helping businesses adopt its artificial intelligence software. The new venture, The Deployment Company, is backed by 19 investors, including TPG, Brookfield Asset Management, Advent, and Bain Capital, Bloomberg reported on Monday, citing a person familiar with the matter. According to the report, the deal values the company at $10B, excluding the newly raised money. The article added that OpenAI will hold a majority stake in the new venture and maintain control, with additional partners including Dragoneer Investment Group and SoftBank Group, as well as a mix of consulting firms, among others. OpenAI’s partners in the new joint venture have access to a portfolio of over 2,000 companies and clients, and OpenAI aims to leverage these relationships to drive broader AI adoption, Bloomberg said. TPG and OpenAI did not immediately respond to a Seeking Alpha comment request. Microsoft-backed OpenAI last month said that its chief operating officer, Brad Lightcap, will shift into a new role and lead special projects while reporting directly to CEO Sam Altman. Lightcap would oversee OpenAI’s push to sell software to businesses through a joint venture with a private equity firm. OpenAI and its rival Anthropic ( ANTHRO ) are trying hard to convince businesses to pay for their AI software as both move closer to an initial public offering, potentially as soon as this year. According to Bloomberg’s report, Anthropic is also in talks with private equity firms to form a similar joint venture to sell its Claude AI technology. Both companies are focused on sectors like financial services and healthcare to boost their sales. More on OpenAI Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan Wall Street Lunch: OpenAI Loosens Exclusivity In Revised Microsoft Pact Nadella's Flip-Flop Index funds race to capture hot IPOs like SpaceX and OpenAI Musk lawsuit shouldn't have major impact on OpenA...

Prime Minister Mark Carney ’s government unveiled measures worth C$1.5 billion ($1.1 billion) to help Canadian firms hurt by the Trump administration’s changes to US tariffs on imports containing steel, aluminum and copper. The change in early April put a 25% surcharge on the total value of products that contain these metals. Previously, the US applied a 50% tariff only to the actual metal content inside the products, but importers complained that regime was too complicated in practice. The change has been devastating to some Canadian businesses. Last month BRP Inc. , which makes recreational vehicles such as Sea-Doo watercraft and Ski-Doo snowmobiles, withdrew its financial outlook for the 2027 fiscal year due to the tariff shift, which it expected would add C$500 million in costs. The Canadian support program, announced Monday by Industry Minister Melanie Joly , creates a C$1 billion program administered by the Business Development Bank of Canada to provide financing “at favorable terms” to help firms impacted by the tariff changes. “This new program aligns with the government’s priority to provide rapid liquidity to viable businesses facing significant economic challenges as a result of US steel, aluminum and copper tariffs,” Joly’s office said in a news release. “The government expects Canada’s financial institutions to continue to work with the businesses as we lean in collectively to support this sector.” The government is also adding C$500 million to an existing program called the Regional Tariff Response Initiative , which provides grants for smaller-sized manufacturing firms to help diversify their products and install new technology. The US and Canadian governments have not yet started formal talks on reviewing the United States-Canada-Mexico Agreement, which governs trade in North America. But Carney has said he’s optimistic about making progress on sectoral tariffs — such as the levies on metals — as part of broader trade discussions with the Trump admin...