Michael Shaulov, CEO of Fireblocks, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Fireblocks, the crypto infrastructure company launched Fireblocks Flow today as part of the Money 20/20 conference in Amsterdam. (Source: Bloomberg)
Michael Shaulov, CEO of Fireblocks, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Fireblocks, the crypto infrastructure company launched Fireblocks Flow today as part of the Money 20/20 conference in Amsterdam. (Source: Bloomberg)
Microsoft has been deeply committed to the growth of generative AI technology in recent years through its now-fragmented partnership with OpenAI. At Build 2026, the company remains all-in on AI, and it's looking toward the future with a new software platform. The new Android-based OS is called Project Solara, and Microsoft says Solara is designed to run agents instead of apps. Project Solara is no...
Microsoft has been deeply committed to the growth of generative AI technology in recent years through its now-fragmented partnership with OpenAI. At Build 2026, the company remains all-in on AI, and it's looking toward the future with a new software platform. The new Android-based OS is called Project Solara, and Microsoft says Solara is designed to run agents instead of apps. Project Solara is not something you'll have to worry about killing your apps anytime soon. It's limited to a few pieces of concept hardware and software that are awaiting the magical agents of the future. The vision is for Solara to run on myriad specialized devices with interfaces generated on the spot, and it's all powered by the explosive intelligence of models that Microsoft and others insist will soon exist. According to Microsoft , Solara is a chip-to-cloud platform intended to free agents from reliance on single interfaces. Much of Microsoft's messaging around AI is speculative and self-serving, but the company rightly points out that new computing form factors have always required specialization, and that process is complex and expensive. The shift to mobile computing, for example, tripped Microsoft up multiple times as it fell behind on app availability, security, and long-term support. Read full article Comments
Markets continue to rip higher, but not all stocks. There are still quite a few stocks that are actually in the red on the year, and many stocks that still look undervalued. In today's video I will go through 4 stocks I believe the stock market is getting wrong and valuations look intriguing at current levels. One of those stocks is Toast (NYSE: TOST) which is a name that has been under pressure g...
Markets continue to rip higher, but not all stocks. There are still quite a few stocks that are actually in the red on the year, and many stocks that still look undervalued. In today's video I will go through 4 stocks I believe the stock market is getting wrong and valuations look intriguing at current levels. One of those stocks is Toast (NYSE: TOST) which is a name that has been under pressure given the software sell-off that has taken place in 2026. Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below. Continue reading
Hennessy Funds Portfolio Manager Josh Wein joins Josh Lipton on Market Domination for "Good Buy or Goodbye," a segment that helps investors determine the best move for their portfolios. In this clip, the pair looks at Sanmina Corp (SANM), a contract manufacturer that is up 80% year to date.
Hennessy Funds Portfolio Manager Josh Wein joins Josh Lipton on Market Domination for "Good Buy or Goodbye," a segment that helps investors determine the best move for their portfolios. In this clip, the pair looks at Sanmina Corp (SANM), a contract manufacturer that is up 80% year to date.
Lokibaho Ulta ( ULTA ) delivered a top- and bottom-line beat in the first quarter, reported better-than-expected comparable store sales, and lifted its full-year profit guidance as the “lipstick effect” enabled the beauty retailer to outperform despite an “uncertain economic landscape.” “Fiscal 2026 is off to a strong start driven by broad-based growth across all channels and major categories. Our...
Lokibaho Ulta ( ULTA ) delivered a top- and bottom-line beat in the first quarter, reported better-than-expected comparable store sales, and lifted its full-year profit guidance as the “lipstick effect” enabled the beauty retailer to outperform despite an “uncertain economic landscape.” “Fiscal 2026 is off to a strong start driven by broad-based growth across all channels and major categories. Our results demonstrate the strengths of our model, focused execution of our talented associates, and the effectiveness of our strategy,” said Ulta CEO Kecia Steelman. With the addition of Space NK, increased comparable sales, and sales from new stores, Ulta’s ( ULTA ) net revenue for the first quarter increased 11.1% to $3.2B, beating estimates by $200M. Comparable store sales were up 5.3% versus 4.63% estimates, driven by a 3.7% increase in average ticket and a 1.6% increase in transactions. This contributed to a gross profit margin of 40.1%, up 100 basis points year-over-year. Despite increased cost of sales and SG&A expenses, Ulta’s ( ULTA ) adjusted net income rose 10.8% to $340.5M, or $7.74 per share, beating expectations by $0.83 per share. Within each category, cosmetics outperformed with sales up 40% from the same quarter last year, followed by a 24% increase in skincare and wellness merchandise, +18% for haircare, and +12% in fragrances. Looking ahead for the full year, Ulta ( ULTA ) continues to expect net sales to increase by 6% to 7%, representing a range of $13.14B to $13.26B versus $13.23B estimates. Comparable sales are seen increasing 2.5% to 3.5%, less than 3.51% estimates. Ulta ( ULTA ) raised its profit guidance, however, to a range of $28.36 to $28.80 from an earlier range of $28.05 and $28.55, with a $28.58 midpoint that is in line with expectations. The results are lifting Ulta ( ULTA ) shares by more than 7% and giving a lift to peers within the beauty space with e.l.f. Beauty ( ELF ), Coty ( COTY ), and Estée Lauder ( EL ) all in the plus column in aft...
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 5.1% in the afternoon session after the company announced a high-profile collaboration with Siemens and NVIDIA to develop blueprints for next-generation artificial intelligence (AI) data centers.
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 5.1% in the afternoon session after the company announced a high-profile collaboration with Siemens and NVIDIA to develop blueprints for next-generation artificial intelligence (AI) data centers.
Devesh Agarwal, Chief Operating Officer of Bandwidth Inc. (NASDAQ:BAND) , reported the sale of 20,000 shares of common stock through multiple open-market transactions on May 13 and May 14, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($52.13); post-transaction value calculated using the same price per share ($52.13) as of May 14, 2...
Devesh Agarwal, Chief Operating Officer of Bandwidth Inc. (NASDAQ:BAND) , reported the sale of 20,000 shares of common stock through multiple open-market transactions on May 13 and May 14, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($52.13); post-transaction value calculated using the same price per share ($52.13) as of May 14, 2026. Continue reading
GameStop press release ( GME ): Q1 Non-GAAP EPS of $0.30 beats by $0.14 . Revenue of $835.3M (+14.0% Y/Y). On June 2, 2026, the Company's Board of Directors unanimously approved a discretionary $2.0 billion share repurchase authorization through June 2, 2029, replacing the prior authorization from March 2019. Shares +12.25% AH. More on GameStop Wall Street Lunch: EBay Rejects GameStop Takeover Pro...
GameStop press release ( GME ): Q1 Non-GAAP EPS of $0.30 beats by $0.14 . Revenue of $835.3M (+14.0% Y/Y). On June 2, 2026, the Company's Board of Directors unanimously approved a discretionary $2.0 billion share repurchase authorization through June 2, 2029, replacing the prior authorization from March 2019. Shares +12.25% AH. More on GameStop Wall Street Lunch: EBay Rejects GameStop Takeover Proposal GameStop's 'Crazy Idea' To Buy EBay Isn't So Crazy, But It Is Risky eBay And GameStop: A Deal Made In Meme Heaven GameStop deepens eBay exposure to 7.8% from 6.6% following board's buyout rejection Another all-time high for eBay as the GameStop bid creates a trading floor
William_Potter Cliffwater Corporate Lending Fund ( CCLFX ) received redemption requests totaling about 17% of shares during the second quarter, and subsequently capped withdrawals at 5%, Bloomberg News reported , citing a letter it saw. The $31B private credit fund had capped redemptions at 7% in the first quarter after receiving withdrawal requests of roughly 14%, the report published on Tuesday ...
William_Potter Cliffwater Corporate Lending Fund ( CCLFX ) received redemption requests totaling about 17% of shares during the second quarter, and subsequently capped withdrawals at 5%, Bloomberg News reported , citing a letter it saw. The $31B private credit fund had capped redemptions at 7% in the first quarter after receiving withdrawal requests of roughly 14%, the report published on Tuesday noted. Cliffwater has reportedly said earlier that it has enough liquidity to meet 5% redemptions for more than a year. Several non-traded business development companies are likely to report the results of their Q2 tender offers in the coming weeks, Bloomberg noted. Investors were said to have sought to get back more than $20B of their investments from private credit firms in Q1. The Financial Times calculated that the sector, including Apollo Global Management ( APO ), Ares Management ( ARES ), Blackstone ( BX ), Blue Owl Capital Inc. ( OWL ), and KKR ( KKR ), received $20.8B in redemption requests during the quarter. Last month, Blue Owl Capital ( OWL ) co-CEO Marc Lipschultz signaled a shift in investor sentiment toward private credit ( VPC ) ( BIZD ) ( PRIV ), suggesting the recent period of heightened concern over the asset class may be subsiding. However, the latest news is a sign of enduring pressure on the $1.8 trillion private credit market, according to Bloomberg. More on Cliffwater Corporate Lending Fund;I Cliffwater’s $33B fund to see withdrawals over 7% amid private credit stress - report Dividend scorecard for Cliffwater Corporate Lending Fund;I
Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly print.
Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly print.
lissart/E+ via Getty Images Constellation Energy ( CEG ) closed up 2.6% on Tuesday after U.S. energy regulators granted a waiver to accelerate the connection of the Three Mile Island nuclear power plant in Pennsylvania. The Federal Energy Regulatory Commission filed a waiver allowing Constellation ( CEG ) to transfer certain grid rights from its Eddystone natural gas-fired power plant near Phi...
lissart/E+ via Getty Images Constellation Energy ( CEG ) closed up 2.6% on Tuesday after U.S. energy regulators granted a waiver to accelerate the connection of the Three Mile Island nuclear power plant in Pennsylvania. The Federal Energy Regulatory Commission filed a waiver allowing Constellation ( CEG ) to transfer certain grid rights from its Eddystone natural gas-fired power plant near Philadelphia to the Three Mile Island facility. Initial feedback from the regional grid operator said the plant could not begin supplying power to the grid until 2031, but the company said the FERC waiver has placed it back on track for its 2027 restart goal. Constellation ( CEG ) is resurrecting Three Mile Island, under the new name Crane Clean Energy Center, with a goal of restarting it next year to serve Microsoft data centers in the region. The decision will not affect U.S. Department of Energy emergency orders to keep Eddystone running past its initial planned retirement date, Constellation ( CEG ) said. More on Constellation Energy Constellation Energy: Heavy Reliance On One Market And Costly Acquisition Keep Me On Hold If You Still Think Constellation Energy Is A Utility Stock, It's Time To Update Your Perspective Constellation Energy: Buy The Pullback Before Data Center Deals Arrive