Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. Now investors are flocking to firms they see succeeding at integrating AI and adjusting price models by charging clients based on actual usage – while steering clear of firms that are too dependent on traditional pricing, which involves subscription fees b...
Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. Now investors are flocking to firms they see succeeding at integrating AI and adjusting price models by charging clients based on actual usage – while steering clear of firms that are too dependent on traditional pricing, which involves subscription fees based on headcount. "While AI is causing massive disruption, it is remapping the industry rather than destroying it," said Daniel Morgan, portfolio manager at Synovus Trust in Atlanta.
GEN Restaurant Group ( GENK ), owner and operator of GEN Korean BBQ, appointed Luke A. Hewko , CPA, as CFO, principal financial officer, and principal accounting officer, effective June 1, 2026. Mr. Hewko succeeds Thomas V. Croal , who is retiring following a planned CFO succession process. Mr. Hewko most recently served as CFO of Westcliff Technologies. The new appointment is aimed at supporting ...
GEN Restaurant Group ( GENK ), owner and operator of GEN Korean BBQ, appointed Luke A. Hewko , CPA, as CFO, principal financial officer, and principal accounting officer, effective June 1, 2026. Mr. Hewko succeeds Thomas V. Croal , who is retiring following a planned CFO succession process. Mr. Hewko most recently served as CFO of Westcliff Technologies. The new appointment is aimed at supporting the company’s growth strategy and accelerating expansion in its consumer packaged goods and related initiatives. More on GEN Restaurant Group, Inc. Can GEN Restaurant Group Pull Off A Turnaround? GEN Restaurant Group, Inc. (GENK) Q1 2026 Earnings Call Transcript GEN Restaurant Group, Inc. (GENK) Q4 2025 Earnings Call Transcript Gen Restaurant Group outlines $215M-$225M 2026 revenue target while slowing openings to 5-7 GEN Korean BBQ expands retail footprint, plans product rollout to 190 grocery stores
Ukrainian drones struck an oil terminal in St. Petersburg and set it ablaze, Ukrainian President Volodymyr Zelenskyy said, as the city hosted an annual economic forum promoted by President Putin. (Image credit: AP Photo)
Ukrainian drones struck an oil terminal in St. Petersburg and set it ablaze, Ukrainian President Volodymyr Zelenskyy said, as the city hosted an annual economic forum promoted by President Putin. (Image credit: AP Photo)
Governments urged to act to prevent potentially disastrous impacts on human resistance to medicines The use of antibiotics on livestock will rise by nearly a third in the next 15 years without government intervention, according to new global estimates , with potentially disastrous impacts on human resistance to essential medicines. Animal husbandry accounts for close to three-quarters of global us...
Governments urged to act to prevent potentially disastrous impacts on human resistance to medicines The use of antibiotics on livestock will rise by nearly a third in the next 15 years without government intervention, according to new global estimates , with potentially disastrous impacts on human resistance to essential medicines. Animal husbandry accounts for close to three-quarters of global use of antimicrobial medications and in many countries their use is poorly monitored. Some herds are routinely dosed and in many countries antimicrobials are used to increase the growth of animals bred for meat. Continue reading...
Tim Robberts Stock index futures were lower before the bell Wednesday as U.S.-Iran engaged in fresh strikes, and the fragile ceasefire appeared to waver. Now, here are 5 news stories that broke overnight to watch out for: Trump signs AI oversight executive order: President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to a...
Tim Robberts Stock index futures were lower before the bell Wednesday as U.S.-Iran engaged in fresh strikes, and the fragile ceasefire appeared to waver. Now, here are 5 news stories that broke overnight to watch out for: Trump signs AI oversight executive order: President Donald Trump has signed an executive order to increase AI oversight, directing companies to provide the government access to advanced models for cybersecurity tests up to 30 days before public release. The order directs the departments of Treasury, Homeland Security, Defense, and other agencies to design a voluntary framework with AI developers to test their models. EU court delivers split decision on Meta gatekeeper status: Europe’s second-highest court on Wednesday sided with Meta Platforms ( META ) in its challenge to the designation of Marketplace as a gatekeeper under EU rules but dismissed the company’s appeal against the same classification for its messaging service, Messenger. The General Court said the decision does not satisfy reasoning requirements for Marketplace, allowing neither Meta to understand the reasons for its classification nor the courts to exercise their power of review. Perplexity CEO outlines AI valuation thesis: The companies that can provide the most economic value from the power their AI uses will ultimately command the highest valuations, Perplexity CEO Aravind Srinivas told CNBC on Wednesday. Srinivas said that whichever company can provide the “most taken value per watt per user” will be the winner, balancing accuracy, latency, cost, privacy, and intelligence together. Uranium stocks surge on Urenco expansion plans: Uranium producers including Cameco ( CCJ ) and Energy Fuels ( UUUU ) surged in Tuesday’s trading as Urenco USA, the only commercial-scale nuclear fuel producer in the U.S., announced plans to expand capacity to make enriched uranium by nearly 50% through a multibillion-dollar expansion project. The consortium plans to install 2.1M separative work units o...