"So we need more testing, we need more diagnosis to make sure that we get a full picture of what is going on - so we do not have that for the moment. And as long as that is the case, we kind of can say that we're running behind the virus, that the virus is still ahead of us, and that we really have to catch up."
"So we need more testing, we need more diagnosis to make sure that we get a full picture of what is going on - so we do not have that for the moment. And as long as that is the case, we kind of can say that we're running behind the virus, that the virus is still ahead of us, and that we really have to catch up."
Spanish police are searching the headquarters of the ruling Socialist Party as part of an ongoing investigation into possible financial wrongdoing, the Civil Guard said on Wednesday. The raid on the office in central Madrid is another blow to the party of Prime Minister Pedro Sanchez, whose Socialists have been hammered by a series of corruption scandals. The Civil Guard said the police were under...
Spanish police are searching the headquarters of the ruling Socialist Party as part of an ongoing investigation into possible financial wrongdoing, the Civil Guard said on Wednesday. The raid on the office in central Madrid is another blow to the party of Prime Minister Pedro Sanchez, whose Socialists have been hammered by a series of corruption scandals. The Civil Guard said the police were under judicial orders to find material relevant to a National Court probe into accusations of corruption against former party members and other individuals. Advertisement The police said the search is strictly limited to a probe led by National Court Judge Santiago Pedraz into the possible wrongdoing of Socialist party member Leire Diez. The case against Diez started in 2025 when audio recordings appeared in Spanish media of her apparent involvement in attempts to discredit a member of the Civil Guard’s anti-corruption unit. Further reports linked her to alleged attempts to influence the work of state prosecutors. The judge’s probe is targeted on seeing if she received payments from the party to allegedly carry out these efforts. Advertisement The Socialist party said she was acting on her own. Diez, who has left the party, has denied wrongdoing.
Mark Haefele, CIO of global wealth management at UBS, discusses the impact of AI on global equities as he raises his year-end target on the S&P 500 to 7,900. (Source: Bloomberg)
Mark Haefele, CIO of global wealth management at UBS, discusses the impact of AI on global equities as he raises his year-end target on the S&P 500 to 7,900. (Source: Bloomberg)
Stratasys ( SSYS ) has entered into a definitive agreement to acquire MarkForged, a wholly owned subsidiary of Nano Dimension ( NNDM ), in an all-cash transaction valued at $42.5M. In 2025, Markforged generated approximately $70M in revenue, including their Metal Binder Jetting product line, which Nano Dimension will retain. The transaction is expected to close in the second half of 2026 and incre...
Stratasys ( SSYS ) has entered into a definitive agreement to acquire MarkForged, a wholly owned subsidiary of Nano Dimension ( NNDM ), in an all-cash transaction valued at $42.5M. In 2025, Markforged generated approximately $70M in revenue, including their Metal Binder Jetting product line, which Nano Dimension will retain. The transaction is expected to close in the second half of 2026 and increases Stratasys’ ( SSYS ) distribution channel and expands its existing capabilities in aerospace, and defense industries, further strengthening the company’s go-to-market strategy. Stratasys ( SSYS ) up 1.9% premarket. The company said it would update guidance following closing of transaction. More on Stratasys, Nano Dimension Nano Dimension Ltd. (NNDM) Q1 2026 Earnings Call Transcript Stratasys Ltd. (SSYS) Q1 2026 Earnings Call Transcript Stratasys Ltd. 2026 Q1 - Results - Earnings Call Presentation Nano Dimension stock falls after Q1 loss, guidance withdrawal Nano Dimension outlines $10M annual cash burn reduction as it withdraws 2026 guidance
India’s richest civic authority is planning to raise as much as 95 billion rupees ($992 million) through municipal debt in one or more tranches, marking its foray into the local-currency bond market. The Brihanmumbai Municipal Corp. has sought proposals from prospective arrangers by June 15, according to a tender on the provincial government’s website. Mumbai is the capital of the western Indian s...
India’s richest civic authority is planning to raise as much as 95 billion rupees ($992 million) through municipal debt in one or more tranches, marking its foray into the local-currency bond market. The Brihanmumbai Municipal Corp. has sought proposals from prospective arrangers by June 15, according to a tender on the provincial government’s website. Mumbai is the capital of the western Indian state of Maharashtra with ambitions to become a major global financial center. Read: Mumbai Bets Big on Infrastructure to Lure Global Finance Giants The so-called technical bids will be opened a day later and bankers must provide a firm commitment to mobilize at least 10 billion rupees. The BMC seeks to join other local authorities in tapping the municipal bond market after the Indian government announced incentives, including a recent benefit of one-billion rupees on a single bond sale of more than 10 billion rupees. Prime Minister Narendra Modi’s administration has long tried to resuscitate such debt as the demand to upgrade adequate and clean water supply, sanitation and public transportation grows. Municipal bodies raised 10 billion rupees from the bond market in 2025, the most in at least nine years, according to data from the regulator going back to 2017. Around 7.6 billion rupees of notes have been issued so far this year. Despite the pickup, India’s municipal paper still makes up for less than 1% of the total rupee bond sales. By comparison, the segment represents 7% of the overall bond market in the US, according to CareEdge Ratings’ January report.
National Bank of Canada ( NTIOF ) declares CAD 1.32/share quarterly dividend , 6.5% increase from prior dividend of CAD 1.24. Payable Aug. 1; for shareholders of record June 29; ex-div June 29. See NTIOF Dividend Scorecard, Yield Chart, & Dividend Growth. More on National Bank of Canada, National Bank Of Canada - ADR National Bank of Canada (NA:CA) Shareholder/Analyst Call Transcript National Bank...
National Bank of Canada ( NTIOF ) declares CAD 1.32/share quarterly dividend , 6.5% increase from prior dividend of CAD 1.24. Payable Aug. 1; for shareholders of record June 29; ex-div June 29. See NTIOF Dividend Scorecard, Yield Chart, & Dividend Growth. More on National Bank of Canada, National Bank Of Canada - ADR National Bank of Canada (NA:CA) Shareholder/Analyst Call Transcript National Bank of Canada: This Big Five Extension Is Still Overvalued Parkit to renew share buyback program of up to 10% float Historical earnings data for National Bank of Canada Dividend scorecard for National Bank of Canada
J Studios/DigitalVision via Getty Images Stock index futures edged higher Wednesday, a day after the Nasdaq Composite and S&P 500 ended higher, helped by a rally in tech stocks. Now, here are 5 news stories that broke overnight to watch out for: Goldman Sachs raises S&P 500 target : Goldman Sachs has increased its 2026 year-end forecast for the S&P 500 ( SP500 ) to 8,000 from 7,600, citing continu...
J Studios/DigitalVision via Getty Images Stock index futures edged higher Wednesday, a day after the Nasdaq Composite and S&P 500 ended higher, helped by a rally in tech stocks. Now, here are 5 news stories that broke overnight to watch out for: Goldman Sachs raises S&P 500 target : Goldman Sachs has increased its 2026 year-end forecast for the S&P 500 ( SP500 ) to 8,000 from 7,600, citing continued strength in corporate earnings. The new target is 6.4% higher than the index’s last close of 7,519.12. “Earnings growth has powered the entire S&P 500 return so far this year, and we expect this dynamic to continue in the coming months,” the firm said in a note on Tuesday. Micron joins trillion-dollar club: Micron Technology ( MU ) surged 19% on Tuesday, pushing the memory-chip maker’s valuation to roughly $1.01T. The rally followed a massive price-target increase from UBS, underscoring Wall Street’s growing conviction that AI-driven demand for high-bandwidth memory chips is still in the early innings. SK Hynix tops $1T valuation: Investor enthusiasm for AI infrastructure stocks sent SK Hynix ( HXSCL ) shares sharply higher on Wednesday, with the stock gaining as much as 11% and lifting the company’s valuation beyond the $1T mark. The South Korean chipmaker has been one of the biggest beneficiaries of the AI spending boom, with its shares up roughly 231% this year as demand for high-bandwidth memory chips continues to surge. Taiwan probes Nvidia chip smuggling to China : Taiwan prosecutors suspect that three individuals successfully smuggled at least one shipment of Nvidia ( NVDA ) AI chips to China after first exporting them to Japan, Bloomberg reported. The trio was detained last week for allegedly falsifying documents related to exports of Super Micro Computer ( SMCI ) servers containing advanced Nvidia chips, which the U.S. has barred from sale to China without a license from Washington. Trump administration to maintain tariffs on Mexico, Canada: The Trump administra...
PDD Holding Inc. ’s quarterly revenue growth missed expectations after fierce domestic competition offset an improving overseas Temu business. The company posted an 11% gain in sales to 106 billion yuan ($15.6 billion) for the three months ended March, versus the average analyst estimate of about 109 billion yuan. Net income plunged 15% to 12.5 billion yuan. PDD’s stock slid more than 4% in pre-ma...
PDD Holding Inc. ’s quarterly revenue growth missed expectations after fierce domestic competition offset an improving overseas Temu business. The company posted an 11% gain in sales to 106 billion yuan ($15.6 billion) for the three months ended March, versus the average analyst estimate of about 109 billion yuan. Net income plunged 15% to 12.5 billion yuan. PDD’s stock slid more than 4% in pre-market US trading. PDD became a leading player in China’s e-commerce arena by selling budget items to bargain-seeking customers in lower-tier cities or even remote areas with large order numbers, surpassing Alibaba Group Holding Ltd. in market value in 2023. The company is now better known overseas as the owner of Temu, which competes with Shein and Amazon.com Inc. across the US and Europe. Its shares have slid almost 15% in 2026, lagging Alibaba and JD.com Inc. in part because of uncertainty plaguing its businesses. The Shanghai-based company was among several Chinese e-commerce platforms fined for failing to filter out unqualified merchants. But PDD faced the largest penalty among its peers — 1.5 billion yuan — after employees got into physical conflicts with regulators in December. Temu faced disruptions last year before the US closed a key tariff loophole - the “de minimis” policy - that helped discount retailers like Shein to flourish in the US. PDD has since reduced small-package shipments from China, and stepped up efforts to recruit local sellers to its platform. The business began to stabilize in recent months as the company gradually localized its supply chain and shipping methods. What Bloomberg Intelligence Says Its supply chain shift to US warehouse-based delivery, following de minimis abolishment, would have also helped trim fulfillment costs, lifting profitability. Along with a 1Q pickup in monthly active users in the US, Temu’s largest market, PDD probably delivered lower unit costs after 15 months of operational adjustments. In China, competition eased as riv...
Hong Kong’s cap of 10,000 vehicle permits for ride-hailing services is a “prudent and safe starting point”, and the government will dynamically adjust the quota based on operational data, the city’s transport minister has said. The quota, revealed on Tuesday, prompted lawmakers to call for frequent reviews in the initial months after the scheme’s launch and swift government intervention if service...
Hong Kong’s cap of 10,000 vehicle permits for ride-hailing services is a “prudent and safe starting point”, and the government will dynamically adjust the quota based on operational data, the city’s transport minister has said. The quota, revealed on Tuesday, prompted lawmakers to call for frequent reviews in the initial months after the scheme’s launch and swift government intervention if services proved insufficient. Speaking to the media on Wednesday, Secretary for Transport and Logistics Mable Chan stopped short of setting a specific time frame for reviewing the quota despite criticism from Uber that the number of permits was too low. Advertisement She reiterated that the authorities would monitor the situation closely and make adjustments based on data from licensed platforms, such as the number of orders dispatched and cancelled, the number of hours drivers were active online, and the number of completed rides. “As a start, we would like to take a prudent, careful approach to ensure that our proposed regulatory regime will be achieved and implemented in a safe, smooth and progressive manner,” Chan said. Advertisement “I believe that our mechanism and our review should be based on data and should take into account the various operating indicators.”
(RTTNews) - BMO Financial Group (BMO, BMO.TO), on Wednesday, reported higher net income in the second quarter of full year 2026 compared with the previous year. For the second quarter, Net income available to common shareholders increased to C$2.49 billion from C$1.82 billion in the previous year. Earnings per share were C$3.53 versus C$2.50 last year. On the adjusted basis, net income available t...
(RTTNews) - BMO Financial Group (BMO, BMO.TO), on Wednesday, reported higher net income in the second quarter of full year 2026 compared with the previous year. For the second quarter, Net income available to common shareholders increased to C$2.49 billion from C$1.82 billion in the previous year. Earnings per share were C$3.53 versus C$2.50 last year. On the adjusted basis, net income available to common shareholders increased to C$2.59 billion from C$1.90 billion in the previous year. Adjusted earnings per share were C$3.67 versus C$2.62 last year. Revenue rose to C$9.57 billion from C$8.68 billion in the same period a year ago. Net interest income increased to C$5.27 billion from C$5.10 billion in the previous year. Non-interest revenue jumped to C$4.30 billion from C$4.18 billion in the prior year. Further, the board declared a third quarter of 2026 dividend of $1.71 per common share, up 2% from the previous quarter and 5% from the prior year. Bank of Montreal is currently trading 0.40% lesser at C$223.64 on the Toronto Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering ...
The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering artificial intelligence. Photographer: SeongJoon Cho/Bloomberg
Key Points The big rally since late March has more than undone the market weakness earlier this year. This bullishness, however, isn’t evenly distributed. Neither is the underlying growth driving it. Investors will want to exercise some caution from here for a handful of reasons. 10 stocks we like better than Nvidia › Stocks might have finished the first quarter (Q1) on a low note thanks to the mi...
Key Points The big rally since late March has more than undone the market weakness earlier this year. This bullishness, however, isn’t evenly distributed. Neither is the underlying growth driving it. Investors will want to exercise some caution from here for a handful of reasons. 10 stocks we like better than Nvidia › Stocks might have finished the first quarter (Q1) on a low note thanks to the military conflict with Iran. Anyone counting on that weakness to persist into Q2, however, was sorely mistaken. Down 5% for the year as of the end of March, the S&P 500 (SNPINDEX: ^GSPC) is now up more than 9% since the end of 2025. Earnings did a great deal of the work, of course. Numbers from FactSet indicate 84% of the S&P 500's constituents topped Q1 analyst earnings estimates. In fact, Q1's earnings growth of more than 28% is the fastest year-over-year growth since the final quarter of 2021 when comparisons were made to the worst part of the COVID-19 pandemic. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Thank technology companies like Meta and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which made the biggest contribution to the improvement. That said, energy companies and their stocks have benefited from oil's soaring prices as well. The question is, can this bullishness last? For that matter, does it deserve to? Maybe. However, investors would be wise to exercise a bit of caution here. Not the best way of doing things Don't misread the message. The stock market isn't doomed. There's more risk than there seems to be on the surface though. But first things first. Although Q2 and the year's overall market gains so far are impressive, they're also poorly balanced. Although energy stocks have technically outperformed everything else (technology names like Nvidia (NASDAQ: NVDA), Apple, Alphabet, and Micro...
Volatility is nothing new for shareholders of Shake Shack (SHAK 1.44%). After crossing $100 per share again last month, the stock dropped 28% in a single day following the release of its first-quarter earnings report. The pain came despite Shake Shack opening a record number of stores and posting same-store sales growth of 4.6%, doubling the rate of growth from fiscal 2025. Unfortunately, top-line...
Volatility is nothing new for shareholders of Shake Shack (SHAK 1.44%). After crossing $100 per share again last month, the stock dropped 28% in a single day following the release of its first-quarter earnings report. The pain came despite Shake Shack opening a record number of stores and posting same-store sales growth of 4.6%, doubling the rate of growth from fiscal 2025. Unfortunately, top-line growth failed to translate to the bottom line, as Shake Shack swung to an operating loss of $2.6 million from a profit of $2.8 million a year ago. Earnings per share came in at zero, missing analyst expectations by a wide margin. Nevertheless, the company's founder remains bullish on the company's stock. Costs overwhelm growth The core issue for Shake Shack is that costs are rising faster than sales. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell 9% to $37 million in the first quarter, and margins compressed from 12.7% to 10.1%. While beef inflation remains a headwind, long-term investments in technology upgrades took the biggest bite out of profits. General and administrative costs rose by $13 million year over year, growing from roughly 12.7% of total revenue to 14.6%. Looking ahead, management has guided for elevated general and administrative spending for the remainder of the year due to the tech overhaul. These long-term investments include a new point-of-sale and kitchen display system designed to improve throughput and order accuracy. The company is also building its first-ever loyalty platform, scheduled to launch in late 2026, and investing in proprietary AI tools to provide real-time insights at the store level. Finally, the company is integrating a data and analytics platform to support the new systems. While these initiatives are designed to create long-term benefits, they are front-loading costs and pressuring margins today. A challenging year ahead On the demand side, same-store sales growth has been primarily driven by...
National Bank of Canada press release ( NTIOF ): Q2 Non-GAAP EPS of C$3.23. Revenue of C$3.91B (+7.1% Y/Y). As at April 30, 2026, the Common Equity Tier 1 (CET1) capital ratio under Basel III stood at 13.5%, down from 13.8% as at October 31, 2025. More on National Bank of Canada National Bank of Canada (NA:CA) Shareholder/Analyst Call Transcript National Bank of Canada: This Big Five Extension Is ...
National Bank of Canada press release ( NTIOF ): Q2 Non-GAAP EPS of C$3.23. Revenue of C$3.91B (+7.1% Y/Y). As at April 30, 2026, the Common Equity Tier 1 (CET1) capital ratio under Basel III stood at 13.5%, down from 13.8% as at October 31, 2025. More on National Bank of Canada National Bank of Canada (NA:CA) Shareholder/Analyst Call Transcript National Bank of Canada: This Big Five Extension Is Still Overvalued Parkit to renew share buyback program of up to 10% float Historical earnings data for National Bank of Canada Dividend scorecard for National Bank of Canada
"Students and graduates already knew this was the case, because we are living it. Governments have repeatedly changed the terms, in a move that no bank could do, making the conditions worse while we have no option but to take the financial hit".
"Students and graduates already knew this was the case, because we are living it. Governments have repeatedly changed the terms, in a move that no bank could do, making the conditions worse while we have no option but to take the financial hit".