Penguin Solutions, Inc. (PENG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Penguin Solutions, Inc. (PENG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
IQVIA Holdings ( IQV ) said that its wholly owned subsidiary, IQVIA, intends to raise €950M through an offering of senior notes due 2033. The company plans to use the proceeds to refinance existing debt and cover related fees and expenses. The offering is subject to market conditions and customary closing requirements. More on IQVIA IQVIA: The Market May Be Missing The AI And Data Story IQVIA Hold...
IQVIA Holdings ( IQV ) said that its wholly owned subsidiary, IQVIA, intends to raise €950M through an offering of senior notes due 2033. The company plans to use the proceeds to refinance existing debt and cover related fees and expenses. The offering is subject to market conditions and customary closing requirements. More on IQVIA IQVIA: The Market May Be Missing The AI And Data Story IQVIA Holdings Inc. (IQV) Presents at Bank of America Global Healthcare Conference 2026 Transcript IQVIA Holdings Inc. 2026 Q1 - Results - Earnings Call Presentation Iqvia signals raised 2026 adjusted EPS outlook to $12.65-$12.95 while reaffirming $17.150B-$17.350B revenue IQVIA Non-GAAP EPS of $2.90 beats by $0.08, revenue of $4.15B beats by $50M
In this article GOOGL GS Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:15 05:15 Goldman's Gutman on AI: We're in an industrial revolution Europe Early Edition A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. Ramin Talaie | Corbis Historical | Getty Images Alphabet 's plan to sell $80 billion in shares...
In this article GOOGL GS Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:15 05:15 Goldman's Gutman on AI: We're in an industrial revolution Europe Early Edition A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. Ramin Talaie | Corbis Historical | Getty Images Alphabet 's plan to sell $80 billion in shares to fund its artificial intelligence commitments leaves markets in "unprecedented territory", co-chief executive officer at Goldman Sachs International Anthony Gutman told CNBC in an exclusive interview on Wednesday. The Google parent company said in a statement on Monday that its equity offerings will include an allocation of $10 billion to Greg Abel's Berkshire Hathaway to "fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand." Goldman Sachs , JPMorgan Chase and Morgan Stanley are acting as joint book-running managers for the underwritten offerings. Goldman is also acting as the placement agent for the private placement. "Let's start by saying this is unprecedented territory, so we all enter it with a degree of humility and caution, and the right balance of focus," Gutman told CNBC's Carolin Roth on Europe Early Edition Wednesday morning. "The Alphabet issuance yesterday augurs well for the pipeline. That was just a record level of issuance on any level." Gutman said there is "a lot of demand out there" for significant equity issuance and that, as a percentage of the total equity market capitalization, it looks "very manageable". watch now VIDEO 5:15 05:15 Goldman's Gutman on AI: We're in an industrial revolution Europe Early Edition It comes as capital markets look set for a record year, with a flurry of mega-IPOs in the pipeline. SpaceX's hotly-anticipated flotation , expected on June 12, could mark the largest IPO in history. Elon Musk's firm is targeting a valuation of $1.75 trillion on the Nasdaq. Meanwhile, OpenAI a...
Canal+ SA rose in its debut on the Johannesburg Stock Exchange , with the secondary listing of the French media giant marking the completion of its multi-billion dollar acquisition of African pay-TV giant MultiChoice . The stock climbed to 58.50 rand by 9:49 a.m., higher than the reference price based on the firm’s London-listed shares. Canal+ is valued at 2.5 billion pounds ($3.4 billion) and is ...
Canal+ SA rose in its debut on the Johannesburg Stock Exchange , with the secondary listing of the French media giant marking the completion of its multi-billion dollar acquisition of African pay-TV giant MultiChoice . The stock climbed to 58.50 rand by 9:49 a.m., higher than the reference price based on the firm’s London-listed shares. Canal+ is valued at 2.5 billion pounds ($3.4 billion) and is the first French company to trade on the main board of South Africa’s bourse. “Africa will be our growth engine for years to come,” Chief Executive Officer Maxime Saada said in a statement. The firm was the largest of three companies spun out of the parent business, French billionaire Vincent Bolloré’s Vivendi SE , and involved a subsequent primary listing on the London Stock Exchange in December 2024. Canal+ took effective control of MultiChoice in September last year, with the African pay-TV company ceasing its Johannesburg listing in December. The secondary listing provides South African investors exposure to the expanded global media entity. For the French firm, the move enables access to additional investors and liquidity in Africa’s deepest capital market. The combined media entity will take on large US entertainment giants such as Netflix Inc. and Walt Disney Co. on the continent. By pooling content budgets, Canal+ plans to leverage MultiChoice’s sports rights, including SuperSport’s English Premier League coverage, and local production capabilities to expand its offering in the region and reverse recent subscriber declines. The listing is the second in Johannesburg this year, with Toronto-based Aimia Inc. joining the JSE’s main board in February. Last year, the JSE had its best year for funds raised from IPOs since 2017, with mobile-network operator Cell C Holdings Ltd. and AI-powered fintech firm Optasia Group joining the bourse in November. Sign up here for the daily Next Africa newsletter and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you...
Jean-Luc Ichard/iStock Editorial via Getty Images I wrote a bullish article on Microsoft ( MSFT ) back in 2013, and at that time it was trading for around $27 per share. Even though this stock is well below the 52-week high, it has provided total returns of more than 1,900% since my last article on this stock was published. This compares very favorably to the total returns of around 320% for the S...
Jean-Luc Ichard/iStock Editorial via Getty Images I wrote a bullish article on Microsoft ( MSFT ) back in 2013, and at that time it was trading for around $27 per share. Even though this stock is well below the 52-week high, it has provided total returns of more than 1,900% since my last article on this stock was published. This compares very favorably to the total returns of around 320% for the S&P 500 Index ( SPY ) over the same period. One of the reasons I have not written about this stock for so long is because it has surged and rarely provided any major buying opportunities. However, Microsoft shares have underperformed this year. Much of the underperformance seems to be due to concerns about increased AI capex spending as well as concerns about software companies potentially being existentially challenged by AI. There's clearly a lot of uncertainty with Microsoft and software companies in general right now, but it might be overdone. While I agree that Microsoft is facing some significant challenges right now, I also think this company is probably going to end up better off than expected in the long run. I believe that Microsoft has a few levers it can pull to mitigate some of the challenges it might be facing. I also think that the market is not giving this company enough credit for some of its strengths and future potential opportunities with quantum computing and other upcoming technologies. In the past couple of years, there was a belief that Alphabet ( GOOG ) ( GOOGL ) would be disrupted by OpenAI and other competitors, which pushed the stock down, and Amazon ( AMZN ) also recently had a major pullback earlier this year. I was bullish when those stocks were out of favor, and now I see a similar type of buying opportunity with Microsoft. With all this in mind, let's take a closer look at what has been driving this stock down and why it might still be poised to rebound: The Chart Until recently, Microsoft's chart was not looking good, but it has suddenly per...
Jean-Luc Ichard/iStock Editorial via Getty Images I wrote a bullish article on Microsoft ( MSFT ) back in 2013, and at that time it was trading for around $27 per share. Even though this stock is well below the 52-week high, it has provided total returns of more than 1,900% since my last article on this stock was published. This compares very favorably to the total returns of around 320% for the S...
Jean-Luc Ichard/iStock Editorial via Getty Images I wrote a bullish article on Microsoft ( MSFT ) back in 2013, and at that time it was trading for around $27 per share. Even though this stock is well below the 52-week high, it has provided total returns of more than 1,900% since my last article on this stock was published. This compares very favorably to the total returns of around 320% for the S&P 500 Index ( SPY ) over the same period. One of the reasons I have not written about this stock for so long is because it has surged and rarely provided any major buying opportunities. However, Microsoft shares have underperformed this year. Much of the underperformance seems to be due to concerns about increased AI capex spending as well as concerns about software companies potentially being existentially challenged by AI. There's clearly a lot of uncertainty with Microsoft and software companies in general right now, but it might be overdone. While I agree that Microsoft is facing some significant challenges right now, I also think this company is probably going to end up better off than expected in the long run. I believe that Microsoft has a few levers it can pull to mitigate some of the challenges it might be facing. I also think that the market is not giving this company enough credit for some of its strengths and future potential opportunities with quantum computing and other upcoming technologies. In the past couple of years, there was a belief that Alphabet ( GOOG ) ( GOOGL ) would be disrupted by OpenAI and other competitors, which pushed the stock down, and Amazon ( AMZN ) also recently had a major pullback earlier this year. I was bullish when those stocks were out of favor, and now I see a similar type of buying opportunity with Microsoft. With all this in mind, let's take a closer look at what has been driving this stock down and why it might still be poised to rebound: The Chart Until recently, Microsoft's chart was not looking good, but it has suddenly per...
Pakorn Supajitsoontorn/iStock via Getty Images Market overview Geopolitical uncertainty US President Donald Trump's administration pursued unusually aggressive foreign policies during the first quarter of 2026. In early January, President Trump authorized a covert operation to arrest Venezuelan President Nicolás Maduro, who was subsequently transported to New York to face trial. During the preside...
Pakorn Supajitsoontorn/iStock via Getty Images Market overview Geopolitical uncertainty US President Donald Trump's administration pursued unusually aggressive foreign policies during the first quarter of 2026. In early January, President Trump authorized a covert operation to arrest Venezuelan President Nicolás Maduro, who was subsequently transported to New York to face trial. During the president's appearance at the World Economic Forum in Davos, he publicly articulated a US interest in claiming Greenland, currently under Denmark's control. In March, the United States initiated military action to halt Iran's nuclear development efforts and remove the country's leadership, which President Trump regarded as uncooperative. Following several weeks of retaliatory exchanges that involved Israel and other regional actors, Iran significantly disrupted commercial traffic through the Strait of Hormuz. The resulting surge in global oil prices compounded economic and strategic pressure on President Trump's administration, leaving few clear options for a rapid deescalation of the conflict. Warsh nomination President Trump selected Kevin Warsh as his long anticipated nominee to chair the US Federal Reserve (Fed), and many observers regarded his choice as a dark horse outcome. Although the position of Fed chair holds substantial public visibility and influences the central bank's agenda, it does not confer additional voting power within the Federal Open Market Committee, making persuasion and consensus building the Fed chair's essential elements of effective leadership. We view Warsh's nomination as both unexpected and potentially consequential. He has been a longstanding critic of the Fed's expanded post-crisis role, consistently advocating for a return to a more traditional, monetarist policy framework. Warsh is also widely viewed as an inflation hawk, which is likely to be welcomed by those concerned about the persistence of above-target inflation. His principal challenge wi...
Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, says she sees the US earnings "supercycle" to drive stocks to fresh records. "We actually just recently lifted our S&P target, and we think that the earnings growth in 2026 can be 20%," Lipikhina tells Bloomberg Television. (Source: Bloomberg)
Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, says she sees the US earnings "supercycle" to drive stocks to fresh records. "We actually just recently lifted our S&P target, and we think that the earnings growth in 2026 can be 20%," Lipikhina tells Bloomberg Television. (Source: Bloomberg)
Tang Capital Management Tuesday said that it acquired 206,005 common shares of Aurinia Pharmaceuticals ( AUPH ) at a price of $15.28 per share for an aggregate purchase price of $3.1M. As a result of the purchase, Tang Capital Management, LLC beneficially owns 13,044,106 common shares, representing approximately 10% of the issued and outstanding shares of the issuer immediately following June 2, 2...
Tang Capital Management Tuesday said that it acquired 206,005 common shares of Aurinia Pharmaceuticals ( AUPH ) at a price of $15.28 per share for an aggregate purchase price of $3.1M. As a result of the purchase, Tang Capital Management, LLC beneficially owns 13,044,106 common shares, representing approximately 10% of the issued and outstanding shares of the issuer immediately following June 2, 2026. More on Aurinia Pharma Aurinia Pharmaceuticals: New Management, Continued Lupkynis Performance Aurinia Pharmaceuticals: Waiting For Another Opportunity (Downgrade) Aurinia Pharma GAAP EPS of $0.25 beats by $0.05, revenue of $77.7M beats by $0.72M Aurinia Pharmaceuticals acquiring Kezar Life Sciences Seeking Alpha’s Quant Rating on Aurinia Pharma