The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.
The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.
N Rotteveel/iStock Editorial via Getty Images Canaan ( CAN ) released its unaudited May 2026 bitcoin mining update, reporting production of 90 BTC from self-mining operations and another 24 BTC received from customers. The company's crypto treasury reached a record 1.87K BTC and 3.95K Ethereum ( ETH-USD ) at the end of May. The company ended the month with 10.05 EH/s of installed hashrate and 6.47...
N Rotteveel/iStock Editorial via Getty Images Canaan ( CAN ) released its unaudited May 2026 bitcoin mining update, reporting production of 90 BTC from self-mining operations and another 24 BTC received from customers. The company's crypto treasury reached a record 1.87K BTC and 3.95K Ethereum ( ETH-USD ) at the end of May. The company ended the month with 10.05 EH/s of installed hashrate and 6.47 EH/s of operating hashrate after a planned hosting agreement expired. Global mining efficiency improved 13.5% YoY to 23.7 J/TH, while average power costs remained low at $0.043 per kWh. Its North American fleet achieved a record efficiency of 17.9 J/TH. Canaan's joint venture operations produced about 45 BTC during May despite wildfire-related disruptions at the Alborz facility in Texas. The management expects the site to return to full operations in mid-June. Beyond mining, the company operated 12 mining projects globally with a total computing power of 14.96 EH/s. It also expanded its 8 MW Nordic hash-to-heat project and strengthened its partnership with Tether ( USDT-USD ) via a follow-up order for next-generation mining and computing systems. More on Canaan, Bitcoin USD, etc. AI Isn't The Only Thing Killing Bitcoin... Reality Is Bitcoin Cut In Half Whale's Insight: Bitcoin's Liquidity Trap: Will ETF Outflows And SpaceX IPO Push BTC Lower? CPI data lifts Bitcoin price off lows, but Fed's 96% rate stance caps upside Bitcoin is seeing ‘one of the best bear markets’ now – ProCap Financial
As management pivots hard to a massive new market, they've stopped detailing the multi-billion-dollar hole left by China, a quiet shift investors can't afford to ignore as growth slows.
As management pivots hard to a massive new market, they've stopped detailing the multi-billion-dollar hole left by China, a quiet shift investors can't afford to ignore as growth slows.
Gregory_DUBUS/iStock Unreleased via Getty Images Getty Images ( GETY ) renewed a multi-year agreement with U.S. Soccer to remain the federation's official photographic agency ahead of the 2026 FIFA World Cup. The deal extends Getty's role capturing and distributing images from U.S. men's and women's national team matches, youth teams, and other federation events. Getty will also provide coverage o...
Gregory_DUBUS/iStock Unreleased via Getty Images Getty Images ( GETY ) renewed a multi-year agreement with U.S. Soccer to remain the federation's official photographic agency ahead of the 2026 FIFA World Cup. The deal extends Getty's role capturing and distributing images from U.S. men's and women's national team matches, youth teams, and other federation events. Getty will also provide coverage of the U.S. men's national team's World Cup campaign, with images distributed through its licensing platform. "At a time of peak global demand, Getty Images’ infrastructure supports U.S Soccer to realize the opportunity of this moment across its full stakeholder ecosystem," Getty said. Stock up +1.4% on Thursday. More on Getty Images Holdings Getty Images Holdings, Inc. (GETY) Q1 2026 Earnings Call Transcript Getty Images Holdings, Inc. (GETY) Q4 2025 Earnings Call Transcript UK clears Getty-Shutterstock merger with condition to sell editorial business Getty Images forecasts $948M-$988M 2026 revenue while awaiting U.K. CMA merger decision in June Seeking Alpha’s Quant Rating on Getty Images Holdings
Just 100 days ago, when new Microsoft Gaming CEO Asha Sharma replaced long-serving executive Phil Spencer , she said she'd work to "understand what makes [Xbox] work and protect it." Now, Sharma and Xbox Studios chief Matt Booty have laid out the many things that are not working for the Xbox brand in a brutal self-assessment the they say necessitates a wholesale "Xbox reset." The message sent to X...
Just 100 days ago, when new Microsoft Gaming CEO Asha Sharma replaced long-serving executive Phil Spencer , she said she'd work to "understand what makes [Xbox] work and protect it." Now, Sharma and Xbox Studios chief Matt Booty have laid out the many things that are not working for the Xbox brand in a brutal self-assessment the they say necessitates a wholesale "Xbox reset." The message sent to Xbox employees and shared publicly via Xbox Wire last night paints a grim picture for practically every facet of the Xbox division. That portion of Microsoft is currently only seeing a "3% accountability margin" (read: profit margin), down year over year and well below both the game industry average and the lofty 30% margins that Microsoft is reportedly seeking across the board. It's an underperformance, they write, born out of being "over extended" by moves like the $69 billion acquisition of Activision . That mega-merger came on top of $20 billion in spending on other acquisitions, platform investments, and hardware subsidies over the last five years, the executives write. But despite the spending spree, Microsoft's overall gaming revenues are down nearly $500 million compared to five years ago. Read full article Comments
DavidLeshem/iStock via Getty Images Founded in 1986, Corpay ( CPAY ), formerly FleetCor Technologies, is a fintech company providing spend management and payment systems globally. Some of its offerings enable accounts payable process automation, virtual cards, and also cross-border payment, among others. As of Q1, CPAY’s most important business has been its Corporate Payments, which include its fa...
DavidLeshem/iStock via Getty Images Founded in 1986, Corpay ( CPAY ), formerly FleetCor Technologies, is a fintech company providing spend management and payment systems globally. Some of its offerings enable accounts payable process automation, virtual cards, and also cross-border payment, among others. As of Q1, CPAY’s most important business has been its Corporate Payments, which include its fast-growing cross-border payment processing business. As such, I would consider traditional or commercial banking companies like WEX or SAP with its Concur product, as competitors. Overall, share performance since going public in 2010 has been exceptional. Just trading around $28 then, CPAY most recently traded at $349 per share, reflecting relatively robust secular demand for automated financial and payment systems. Though CPAY only recorded roughly a 2% return from a 1-year standpoint, shares have relatively trended positively and appreciated by 16% YTD despite some volatilities. I initiate my coverage with a buy rating. My FY 2026 price target analysis suggests that CPAY could reach a 9% share price upside. Supported by its robust platform and the potentially unpriced medium-term catalyst, CPAY seems like an interesting opportunity, in my opinion. Financial Reviews As of Q1 2026, its latest quarter, I believe fundamentals have been improving across the board. Top-line growth was robust, followed by expanding profitability. company presentation Quarterly revenue was $1.26 billion, a 25% YoY growth, which is exceptional, primarily driven by the double-digit growth in Corporate Payments. Furthermore, the management also raised FY guidance midpoint to $5.3 billion. Meanwhile, profitability saw a significant expansion. Adjusted EPS saw 29% YoY growth to $5.8, while adjusted EBITDA (aEBITDA) grew 24% YoY to $689 million. As I looked into its Q1 , it seemed that the profitability drivers were the operating income outperformance in both Corporate Payments and Vehicle Payments. Si...
Oracle (ORCL) stock has dropped by as much as 10% in Thursday's pre-market trading despite topping fiscal fourth quarter earnings and revenue estimates. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Monetary Matters Network co-founder Jack Farley for a conversation about whether the AI infrastructure company is showing signs of weakness or oversaturation in t...
Oracle (ORCL) stock has dropped by as much as 10% in Thursday's pre-market trading despite topping fiscal fourth quarter earnings and revenue estimates. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Monetary Matters Network co-founder Jack Farley for a conversation about whether the AI infrastructure company is showing signs of weakness or oversaturation in the buildout landscape.
TSLA's FSD Supervised gets approval in Denmark after reviewing Dutch certification, despite earlier concerns, expanding the system to a fourth EU market.
TSLA's FSD Supervised gets approval in Denmark after reviewing Dutch certification, despite earlier concerns, expanding the system to a fourth EU market.
BBC Sport examines which World Cup teams and players have played the most minutes since last summer, when the Club World Cup was kicking off in the United States.
BBC Sport examines which World Cup teams and players have played the most minutes since last summer, when the Club World Cup was kicking off in the United States.
The bull market has room to run says Evercore's Julian Emanuel. “I would say that the true FOMO — the wild-eyed, buy at any cost, whatever it is I’ll take it — is still potentially ahead of us,” Emanuel said on "Bloomberg Surveillance." (Source: Bloomberg)
The bull market has room to run says Evercore's Julian Emanuel. “I would say that the true FOMO — the wild-eyed, buy at any cost, whatever it is I’ll take it — is still potentially ahead of us,” Emanuel said on "Bloomberg Surveillance." (Source: Bloomberg)
Victoria’s Secret ( VSXY ) on Thursday said that shareholders re-elected all nine of the company’s director nominees at its 2026 annual meeting, a vote of confidence in the retailer's board leadership sending its shares up around 2%. The company said Independent Chair Donna James received more than 99% support, excluding votes cast by BBRC International Pte Limited, which opposed her re-election a...
Victoria’s Secret ( VSXY ) on Thursday said that shareholders re-elected all nine of the company’s director nominees at its 2026 annual meeting, a vote of confidence in the retailer's board leadership sending its shares up around 2%. The company said Independent Chair Donna James received more than 99% support, excluding votes cast by BBRC International Pte Limited, which opposed her re-election and voted against all company director nominees other than Chief Executive Hillary Super. Including all votes cast, James was re-elected with more than 83% approval. Victoria’s Secret said each of its other director nominees received at least 96% approval excluding BBRC votes and at least 81% approval of all votes cast. The company said the outcome reflected shareholder support for the board, its "Path to Potential" strategy, and the progress achieved under that plan. The voting results are preliminary and remain subject to certification by the independent inspector of election, the company said. More on Victoria’s Secret Victoria's Secret & Co.: Downgrade To Hold As Risk/Reward No Longer As Attractive Victoria's Secret & Co.'s Transformation Offers More Upside Than This Victoria's Secret & Co. (VSXY) Q1 2026 Earnings Call Transcript Retail revamp: How Victoria's Secret's CEO fashioned a rebrand and share price pop Victoria’s Secret forecasts FY2026 sales of $7.03B-$7.13B and adjusted EPS of $4.35-$4.60 after Q1 momentum