On June 2, 2026, Thomas M. Siebel, CEO and Chairman of the Board, reported the sale of 17,350 shares of C3.ai, Inc. (NYSE:AI) Class A Common Stock through an open-market transaction, as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average reported price ($11.32). * 1-year price change calculated using June 2nd, 2026 as the reference date...
On June 2, 2026, Thomas M. Siebel, CEO and Chairman of the Board, reported the sale of 17,350 shares of C3.ai, Inc. (NYSE:AI) Class A Common Stock through an open-market transaction, as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average reported price ($11.32). * 1-year price change calculated using June 2nd, 2026 as the reference date. Continue reading
Police and hunters in Utsunomiya, 100km north of the capital, resume their search for animal that is not usually seen so close to Tokyo A city in Japan has closed all its 94 primary and secondary schools after a bear was spotted in the municipality for the first time. Officials in Utsunomiya, a city of half a million people about 100km (62 miles) north of Tokyo, took action after a medium-sized bl...
Police and hunters in Utsunomiya, 100km north of the capital, resume their search for animal that is not usually seen so close to Tokyo A city in Japan has closed all its 94 primary and secondary schools after a bear was spotted in the municipality for the first time. Officials in Utsunomiya, a city of half a million people about 100km (62 miles) north of Tokyo, took action after a medium-sized black bear – estimated to be about one-metre-long – was seen near a park in the city on Saturday. The bear was spotted again on CCTV running just in front of two startled young men in the city centre, in the early hours of Sunday. Continue reading...
Peru faced a drawn-out count in its bitterly contested presidential run-off after results showed the race for the ninth head of state in 10 years was too close to call. Figures released by electoral authorities showed conservative politician Keiko Fujimori with a modest lead over nationalist congressman Roberto Sanchez with 58 per cent of ballots tallied in a contest overshadowed by people’s conce...
Peru faced a drawn-out count in its bitterly contested presidential run-off after results showed the race for the ninth head of state in 10 years was too close to call. Figures released by electoral authorities showed conservative politician Keiko Fujimori with a modest lead over nationalist congressman Roberto Sanchez with 58 per cent of ballots tallied in a contest overshadowed by people’s concerns about surging crime. The outcome, expected to be tight, may not be known for days. The figures...
STORY: Asian stocks plunged on Monday morning as investors hit the brakes on the red-hot AI rally. South Korea’s tech-heavy KOSPI index took the heaviest beating. It was down around 6% by late-morning after volatile trade had earlier triggered a 20-minute halt. Chip giant Samsung matched the overall decline. Meanwhile, Japan’s Nikkei index was down around 4% by the same time. That follows a simila...
STORY: Asian stocks plunged on Monday morning as investors hit the brakes on the red-hot AI rally. South Korea’s tech-heavy KOSPI index took the heaviest beating. It was down around 6% by late-morning after volatile trade had earlier triggered a 20-minute halt. Chip giant Samsung matched the overall decline. Meanwhile, Japan’s Nikkei index was down around 4% by the same time. That follows a similar drop for the Nasdaq on Wall Street at the end of last week. One analyst told Reuters that doubts have crept in over tech earnings, partly following weaker-than-expected numbers from US chipmaker Broadcom. Last week’s hotter-than-expected U.S. jobs data have also all but wiped out hopes for further rate cuts by the Federal Reserve this year. Then there’s Iran. Tensions in the Middle East have flared again, following Israel’s strikes on Lebanon, and Iran’s retaliatory strikes on Israel. International benchmark Brent Crude was up around 3% on Monday morning, once again heading towards the $100 per barrel mark. That’s despite weekend action by the OPEC+ oil exporters’ group to reassure markets with a further boost to output. Later this week, all eyes turn to the potentially record breaking SpaceX share listing. Elon Musk’s rocket firm is set to start trading on Friday, and is expected to debut with a valuation of around $1.75 trillion. With so much money going to that, and more possible mega-listings such as OpenAI, some brokers have expressed concern about the impact on other assets.
(RTTNews) - The European Commission has approved Sarclisa (isatuximab) subcutaneous (SC) in combination with standard-of-care regimens for the treatment of patients with multiple myeloma (MM) across all existing indications for Sarclisa intravenous (IV) formulation, Sanofi SA (SN
(RTTNews) - The European Commission has approved Sarclisa (isatuximab) subcutaneous (SC) in combination with standard-of-care regimens for the treatment of patients with multiple myeloma (MM) across all existing indications for Sarclisa intravenous (IV) formulation, Sanofi SA (SN
Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion). The Milan-based bank will offer 1.6 of its own shares and €1 in cash for each Monte Paschi share. The bid comes the day after Banco BPM pitched its own merger with Monte Paschi, considered to be the world’s oldest bank. Bloomberg's Manuel Baigorri reports. (Source: Bloomberg)
Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion). The Milan-based bank will offer 1.6 of its own shares and €1 in cash for each Monte Paschi share. The bid comes the day after Banco BPM pitched its own merger with Monte Paschi, considered to be the world’s oldest bank. Bloomberg's Manuel Baigorri reports. (Source: Bloomberg)
European stocks fell at the start of a catalyst-heavy week as oil surged after Iran and Israel exchanged missile strikes, raising doubts over the fragile ceasefire. The Stoxx 600 dropped 0.4% as of 11:02 a.m. in London. Enthusiasm around the AI trade also showed further signs of cooling, with tech shares down 1.4% in Europe. This year’s AI winners such as Nokia Oyj, Aixtron SE and BE Semiconductor...
European stocks fell at the start of a catalyst-heavy week as oil surged after Iran and Israel exchanged missile strikes, raising doubts over the fragile ceasefire. The Stoxx 600 dropped 0.4% as of 11:02 a.m. in London. Enthusiasm around the AI trade also showed further signs of cooling, with tech shares down 1.4% in Europe. This year’s AI winners such as Nokia Oyj, Aixtron SE and BE Semiconductor Industries NV were among the laggards. Israel said it struck several military targets in Iran, retaliating against missile attacks by Tehran. The European benchmark was off its lows of the day after President Donald Trump said in a Truth Social post that Israel and Iran must stop “shooting” immediately. Brent rose 4.0% to trade around $ 96.80 per barrel. “The realization should be taking hold in the markets that the conflict over the Strait of Hormuz is a longer-term affair and will not be resolved through quick, announced negotiations,” said Guillermo Hernandez Sampere , head of trading at MPPM. “The consequences will be felt for some time, and certain strategies will need to be reconsidered.” In individual stocks, Zealand Pharma A/S shares plunged by as much as 27%, the most in more than three months, after the release of trial data for the experimental weight-loss drug survodutide. Elsewhere, Tate & Lyle plc surged 13% after Ingredion Inc. agreed to acquire the UK-based firm for £2.7 billion ($3.6 billion). Banca Monte dei Paschi di Siena Spa rose 9% after Intesa Sanpaolo SpA and Banco BPM SpA both offered to buy the Italian lender over the weekend. European stocks are 4% higher year-to-date, lagging their US peers, which have surged on the back of their exposure to AI and technology. Focus will turn this week to the European Central Bank as it is expected to deliver its first increase in borrowing costs since September 2023. Read more: A Stock Trader’s Guide to the Start of ECB Interest Rate Hikes While the Iran conflict has the potential to escalate further, European ...
mysondanube/iStock Editorial via Getty Images Starbucks Corporation ( SBUX ) is no longer an easy bear case, which I think is an awkward development for anyone hoping the story would stay simple. For a while, the problems were obvious. Traffic was weak, stores felt stretched, China was under pressure, labour costs were rising, and mobile ordering had turned parts of the business into a caffeinated...
mysondanube/iStock Editorial via Getty Images Starbucks Corporation ( SBUX ) is no longer an easy bear case, which I think is an awkward development for anyone hoping the story would stay simple. For a while, the problems were obvious. Traffic was weak, stores felt stretched, China was under pressure, labour costs were rising, and mobile ordering had turned parts of the business into a caffeinated DMV queue. The brand clearly still had power and consumer recognition, but the experience often felt less premium than the price tag implied. I think that is a dangerous gap for a company that sells not just coffee, but also habit, convenience, and a small daily indulgence wrapped in a green siren logo. The good news is the latest evidence suggests the gap is starting to narrow. CEO Brian Niccol's turnaround is showing signs of life, with U.S. transactions improving, store execution getting better, Rewards engagement strengthening, and management sounding more focused on operations than on corporate mood music. Starbucks appears to be rediscovering a basic truth that somehow became less obvious over time. That is that customers paying premium prices generally prefer getting their drinks correctly, quickly, and without feeling like they have wandered into a live demonstration of bottleneck theory. I think the operating progress deserves credit. However, I also think the current valuation shows that the market already gives Starbucks plenty of it. At recent prices, Starbucks trades at roughly 40x forward earnings and more than 30x forward one-year earnings. This is not a " nobody believes in the turnaround" multiple. I think this is more of a " please execute beautifully, and preferably without spilling oat milk on the model" multiple. My view is straightforward. Starbucks is getting better, but the stock already assumes a lot of recovery. So, while the turnaround is real, so is the price. In light of this, for now, I would rate the shares as a Hold. The business is improvin...
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)