A trio of former Palantir executives who helped spearhead that company’s Life Sciences practice have founded a startup called Perceptic that is building an end-to-end AI platform for drug development, handling everything from drug discovery to clinical trial design. The company emerged from stealth today and announced a $12 million seed funding round. London-based venture capital firm Accel led th...
A trio of former Palantir executives who helped spearhead that company’s Life Sciences practice have founded a startup called Perceptic that is building an end-to-end AI platform for drug development, handling everything from drug discovery to clinical trial design. The company emerged from stealth today and announced a $12 million seed funding round. London-based venture capital firm Accel led the funding round, alongside Air Street Capital and Elder Gull. The company’s valuation following the funding round was not disclosed. Perceptic said its software is already being used by multiple top-tier pharmaceutical companies, though it was only allowed to name CSL, the Australian biotechnology company. In the past two years, numerous startups have sprung up to use AI to speed drug discovery. This includes Isomorphic, a spin out from Google DeepMind, robotic lab pioneer Recursion, Insilico Medicine, and many others. But so far, no AI-discovered drugs have made it all the way through human clinical trials and been approved for sale, leading some to question whether AI is living up to the hype around revolutionizing drug development. Tilman Flock, Perceptic’s cofounder and CEO, is a bioscience researcher who spent nearly seven years at Palantir, building the company’s commercial AI platform and helping life sciences companies use it. He tells Fortune that most AI startups targeting drug development have focused on improving just one particular part of the complex process, such as predicting protein structures, or looking for a molecule that will bind with a particular site on a target protein, or trying to optimize the recruitment of patients for clinical trials. Perceptic, by contrast, is pitching itself as the “connective tissue” between those discrete AI tools and the proprietary internal and external data that pharmaceutical companies use to make decisions. “For years, the industry has tried to improve each part of the [drug discovery] process separately, but that’s a ...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by a market favoring momentum-driven stocks over quality factors, alongside company-specific setbacks. In Q1 2026, the US equity market showed mixed results: large-cap indices declined, while mid- and small-cap stocks gained modestly, reflecting a gradual broadening in market participation. Volatility increased, driven by concerns over artificial intelligence and private credit, and further escalated due to the outbreak of conflict in Iran. Despite uncertainty, the Fund focuses on identifying companies that can create value through cycles, particularly where market dislocations provide attractive entry points. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Artisan Value Fund highlighted stocks like Amazon.com, Inc. (NASDAQ:AMZN) as a new portfolio addition. Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology and retail company known for its leading online marketplace and cloud platform. On May 22, 2026, Amazon.com, Inc. (NASDAQ:AMZN) closed at $266.32 per share. One-month return of Amazon.com, Inc. (NASDAQ:AMZN) was 1.99%, and its shares gained 32.50% over the past 52 weeks. Amazon.com, Inc. (NASDAQ:AMZN) has a market capitalization of $2.87 trillion. Artisan Value Fund stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2026 investor letter:
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by a market favoring momentum-driven stocks over quality factors, alongside company-specific setbacks. In Q1 2026, the US equity market showed mixed results: large-cap indices declined, while mid- and small-cap stocks gained modestly, reflecting a gradual broadening in market participation. Volatility increased, driven by concerns over artificial intelligence and private credit, and further escalated due to the outbreak of conflict in Iran. Despite uncertainty, the Fund focuses on identifying companies that can create value through cycles, particularly where market dislocations provide attractive entry points. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Artisan Value Fund highlighted stocks like Amazon.com, Inc. (NASDAQ:AMZN) as a new portfolio addition. Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology and retail company known for its leading online marketplace and cloud platform. On May 22, 2026, Amazon.com, Inc. (NASDAQ:AMZN) closed at $266.32 per share. One-month return of Amazon.com, Inc. (NASDAQ:AMZN) was 1.99%, and its shares gained 32.50% over the past 52 weeks. Amazon.com, Inc. (NASDAQ:AMZN) has a market capitalization of $2.87 trillion. Artisan Value Fund stated the following regarding Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2026 investor letter:
NicoElNino/iStock via Getty Images Tenable ( TENB ) increased its total addressable market during its Investor Day last week as the company attempts to capitalize on the increasing demand for exposure and vulnerability management tools. Wedbush increased its price target on the stock to $29 from $27 and reiterated its Outperform rating. "The company identified an incremental $35 billion TAM on top...
NicoElNino/iStock via Getty Images Tenable ( TENB ) increased its total addressable market during its Investor Day last week as the company attempts to capitalize on the increasing demand for exposure and vulnerability management tools. Wedbush increased its price target on the stock to $29 from $27 and reiterated its Outperform rating. "The company identified an incremental $35 billion TAM on top of its existing $30 billion exposure management industry by 2029, which includes AI application, development, and deployment for cyber initiatives, which remain in the early stages of playing out," according to Wedbush analysts in a Tuesday investor report. "TENB expects to see revenue growth of high single digits to low double digits exiting FY29, above FY26 guidance of high single digits, with the company investing aggressively in growth opportunities, with VM and exposure management seen as an essential layer for agentic AI deployments across the enterprise," Wedbush noted. What's more, Tenable is taking steps to increase its operating margin by up to 150 bps to reach 28% and to improve its free cash flow by up to 150 bps to 31% by 2029. Just before the Investor Day event, Tenable also revealed a new partnership with Anthropic ( ANTHRO ) to install Claude-powered workflows in Tenable Hexa AI. "We believe this Anthropic partnership remediates significant competitive risks with the entire vulnerability management space under immense pressure following the announcement of VM tools by frontier AI labs," Wedbush added. "AI is increasing the number of exposures entering our customers' environments," said Tenable co-CEO Mark Thurmond during Investor Day. "The result is an explosion of findings, but more findings don't automatically make the organization safer." "Last year, more than 60% of organizations, right, that had a breach or a ransomware attack, they actually had a patch available on the known vulnerability that was exploited, but they weren't able to put it into produc...
An explosion damaged a tanker close to its waterline as it sailed off Oman, a marine monitor said on Tuesday, as tensions remained high around the blockaded Strait of Hormuz. “The crew and vessel are safe, although the master reports some bunker fuel has discharged into the sea,” UK Maritime Trade Operations said. The incident, in the Gulf of Oman about 60 nautical miles east of Muscat, was an “ex...
An explosion damaged a tanker close to its waterline as it sailed off Oman, a marine monitor said on Tuesday, as tensions remained high around the blockaded Strait of Hormuz. “The crew and vessel are safe, although the master reports some bunker fuel has discharged into the sea,” UK Maritime Trade Operations said. The incident, in the Gulf of Oman about 60 nautical miles east of Muscat, was an “external explosion”, UKMTO added, without detailing the cause of the blast. Advertisement Iran has been laying mines in waters nearby as part of its campaign to block Hormuz, which normally carries one-fifth of global oil production. Hours earlier, US forces launched overnight strikes on missile sites in Iran and on boats that they said were trying to lay mines in Gulf waters. Advertisement Ship-tracking data on Monday showed three liquefied natural gas tankers passed through Hormuz in recent days, heading to Pakistan, China and India, as well as a supertanker with Iraqi crude for China after being stranded for nearly three months.
Shortly after the opening bell, we will be selling 55 shares of Arm Holdings at roughly $314 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 130 shares of ARM, decreasing its weighting to roughly 1% from 1.44%. We will be locking in more big gains in Arm following another huge rally. Shares of this chip designer rallied 46% last week, with roughly half the move coming after...
Shortly after the opening bell, we will be selling 55 shares of Arm Holdings at roughly $314 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 130 shares of ARM, decreasing its weighting to roughly 1% from 1.44%. We will be locking in more big gains in Arm following another huge rally. Shares of this chip designer rallied 46% last week, with roughly half the move coming after Nvidia said on its earnings call that its Arm-based Vera CPU has visibility into $20 billion in revenue this year. That's great forn Arm's royalty business. We wrote in Friday's HomeStretch about how we planned to handle this second parabolic move since we initiated an Arm position on April 20, roughly five weeks ago. Arm's recent outperformance has pushed its position weight in the Trust from 1% after last Monday's trim to around 1.45% as of Friday's close. By making another trim back to 1%, we can better manage the risk of this exponential move by bringing the position closer to our original weighting. It also allows us to raise cash to fund other purchases or to potentially buy back shares of Arm if the stock were to pull back. ARM 3M mountain Arm Holdings 3 months More broadly, we don't buy parabolic moves; we take profits. That's because stocks can fall just as quickly as they move higher. That may mean our sales won't come at the absolute highest prices, but letting them run would violate our discipline. From this trade, we will realize a big gain of around 80% on shares purchased in our April initiation. (Jim Cramer's Charitable Trust is long ARM, NVDA. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLU...
TradingKey - As the May 27 (ET) earnings release date for Marvell Technology ( MRVL )'s fiscal Q1 2027 approaches, Wall Street investment banks are collectively signaling bullishness. Recently, Citigroup ( C ), Stifel ( SF ), Wells Fargo ( WFC) and several other institutions have frequently raised their price targets, with some reaching as high as $220, while consistently maintaining 'Buy' or 'Ove...
TradingKey - As the May 27 (ET) earnings release date for Marvell Technology ( MRVL )'s fiscal Q1 2027 approaches, Wall Street investment banks are collectively signaling bullishness. Recently, Citigroup ( C ), Stifel ( SF ), Wells Fargo ( WFC) and several other institutions have frequently raised their price targets, with some reaching as high as $220, while consistently maintaining 'Buy' or 'Overweight' ratings. The market generally believes that the explosion in demand for custom AI chips (ASIC), the acceleration of high-speed data center interconnect business, and the continued expansion of capital expenditures by hyperscale cloud customers will be the core logic supporting Marvell Technology's post-earnings share price upside. AI ASICs: A Deterministic Growth Engine in the Age of Inference The evolution of the generative AI boom is driving a shift in computing power demand from training-centric to inference-centric, a trend creating vast market space for AI ASIC chips. Compared to general-purpose GPUs, AI ASICs customized for specific workloads possess inherent advantages in key metrics such as cost per token, power consumption, and memory bandwidth utilization, making them a critical choice for cloud service providers to reduce AI deployment costs. As a pioneer in the AI ASIC field, Marvell Technology has deeply positioned itself within this track. The company is not only the core partner for Amazon's ( AMZN) AWS Trainium series AI chips, but also participated in Google's ( GOOGL) Axion ARM CPU design, Microsoft's ( MSFT) Maia AI accelerator development, and Meta's new data processing unit customization projects. Citi significantly raised the stock's price target from $118 to $215 on May 21, reiterating a "Buy" rating. The core logic lies in the sustained strong demand for Amazon's Trainium2 ASIC, prompting analysts to upwardly revise earnings forecasts and maintain a robustly optimistic outlook for the upcoming quarterly results. Following closely, Stifel rai...
Safepoint Holdings Inc. , an underwriter of specialty homeowners and commercial insurance, is seeking to raise as much as $283.3 million in an US initial public offering. The Tampa, Florida-based firm plans to market 6.2 million shares for $15 to $17 each, according to its filing Tuesday with the US Securities and Exchange Commission. At the top of that range, it would have a market value of $1.16...
Safepoint Holdings Inc. , an underwriter of specialty homeowners and commercial insurance, is seeking to raise as much as $283.3 million in an US initial public offering. The Tampa, Florida-based firm plans to market 6.2 million shares for $15 to $17 each, according to its filing Tuesday with the US Securities and Exchange Commission. At the top of that range, it would have a market value of $1.16 billion based on the outstanding shares listed in its filing. The insurer had net income of $48 million on revenue of $168 million for the first three months of the year, compared with net income of $16.6 million on revenue of $112.4 million in the corresponding period a year earlier, according to the filing. Founded in 2013, Safepoint focuses on insurance in coastal markets such as Florida and Louisiana, the filing shows. It owns an insurance company, Safepoint Insurance Co., and three Bermuda-based reinsurance captives. Safepoint has grown its business as competitors have retreated from US Gulf Coast markets. It has assumed policies from other private insurers and depopulation programs of state-sponsored insurers, and attracted new business, the filing shows. The company has increased gross written premiums to $927.2 million in 2025 from $188 million in 2021. Chief Executive Officer David Flitman ’s stake is expected to fall to 30.2% after the IPO from 33.2%, according to the filing. Chief Financial Officer Steven Hoffman will have 11.4%, down from 12.5%. The filing comes as the US IPO market is picking up. Listings have raised $28.8 billion on US exchanges this year, excluding blank-check companies and other financial vehicles, versus $12.4 billion in the same period a year ago, data compiled by Bloomberg show. Read More: Flurry of US IPOs Race to Tap Market Ahead of SpaceX Debut For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of ne...
Each week, new games and apps integrating NVIDIA DLSS, NVIDIA Reflex, and advanced ray-traced effects are released or announced, delivering the definitive PC experience for GeForce RTX players. Later today, step into the shoes of a young James Bond in the highly anticipated 007 First Light, featuring DLSS 4.5 Super Resolution and Dynamic Multi Frame Generation. World of Tanks: HEAT, a new free-to-...
Each week, new games and apps integrating NVIDIA DLSS, NVIDIA Reflex, and advanced ray-traced effects are released or announced, delivering the definitive PC experience for GeForce RTX players. Later today, step into the shoes of a young James Bond in the highly anticipated 007 First Light, featuring DLSS 4.5 Super Resolution and Dynamic Multi Frame Generation. World of Tanks: HEAT, a new free-to-play PvP hero-driven tank action game, launched earlier today, featuring support for DLSS. And tomorrow, Starminer enters Early Access, with DLSS and ray tracing, while Helldivers 2 adds support for DLSS 4.5 Super Resolution and NVIDIA Reflex. Read on to learn more.
Ferrari provided flights from Washington, DC, to Rome and accommodation so Ars could see the Luce. Ars does not accept paid editorial content. ROME—The arrival of any new Ferrari that isn't a two-seater is usually controversial, but the Luce might be the most divisive yet. It's Ferrari's first four-door sedan and first five-seater, but perhaps most importantly—especially for readers of Ars Technic...
Ferrari provided flights from Washington, DC, to Rome and accommodation so Ars could see the Luce. Ars does not accept paid editorial content. ROME—The arrival of any new Ferrari that isn't a two-seater is usually controversial, but the Luce might be the most divisive yet. It's Ferrari's first four-door sedan and first five-seater, but perhaps most importantly—especially for readers of Ars Technica—it's Ferrari's first-ever battery-electric vehicle. Each of those individually is probably anathema to some Ferrari fans, never mind all three together. But it's 2026, and the reality is that the manufacturer absolutely needs something emissions-free in its offerings for vitally important markets like China and Silicon Valley. And now, here it is. Like some legendary Ferraris of the past, the company chose to work with an outside design team for the Luce, in this case LoveFrom, helmed by Jony Ive and Marc Newson. Many will detect some hints of Apple in the car's design; more than one journalist said they could imagine it wearing that computer company's logo rather than the prancing horse shields that dot its exterior. But the almost cab-forward glasshouse perhaps calls to mind the Lotus Etna concept, with some Ferrari F90 (a one-off for the Sultan of Brunei) here and there, too. And the four round tail lights obviously reference '90s designs like the 360 and 550. Read full article Comments
SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Revenue increased 64% year-over-year to US$83.2 million, suppor...
SINGAPORE, May 26, 2026 (GLOBE NEWSWIRE) -- Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Revenue increased 64% year-over-year to US$83.2 million, supported primarily by higher marine fuel trading volumes and expanded commercial activities. Gross profit increased 85% year-over-year to US$1.8 million. Gross profit margin improved to 2.2% in the first quarter of 2026 from 1.9% in the same period last year. Marine fuel volumes increased 58% year-over-year to over 140,000MT, reflecting increased commercial activities and customer engagements across key markets. First Quarter 2026 Financial Summary For the Three Months Ended March 31, 2026 2025 (Unaudited) (Unaudited) Revenue US$ 83,192,779 US$ 50,715,209 Gross profit 1,805,698 978,461 (Loss)/Income from Operations (231,798) 143,385 Net (loss)/income (376,087) 83,513 2026 Outlook Following a stronger-than-expected first quarter 2026 performance and improved visibility on commercial activities, the Company is increasing its full-year 2026 revenue guidance to a range of US$320 million to US$340 million up from its prior guidance of US$310 million to US$330 million. Management Commentary “We are encouraged by a promising start to 2026, which reflects the continued execution of our growth strategy,” said Mr. Koh Kuan Hua, Chief Executive Officer of Uni-Fuels. “During the quarter, we delivered year-over-year growth in revenue and marine fuel volumes, and improved gross margins. Operational performance remained strong, although quarterly results were impacted by a net loss primarily attributable to corporate communication expenses incurred during the period. We remain focused on building on this momentum through disciplined execution of our growth initiatives, driving consistent perfo...
iHub News 22 minutes ago Semiconductor shares climb in premarket trade as investor confidence improvesMay 26, 2026 8:55 AM IH Market News U.S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran. The ...
iHub News 22 minutes ago Semiconductor shares climb in premarket trade as investor confidence improvesMay 26, 2026 8:55 AM IH Market News U.S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran. The rally followed strength across Asian markets, where artificial intelligence-linked technology stocks advanced in both Hong Kong and South Korea. Micron leads sector gains after bullish UBS upgrade Micron Technology (NASDAQ:MU) emerged as one of the strongest performers, rising 6% before the open after UBS more than tripled its price target on the company to $1,625. UBS said expanding long-term supply agreements across the memory sector could fundamentally reshape Micron’s earnings outlook over time. AI and chip stocks extend broader rally Elsewhere in the semiconductor sector, Marvell Technology (NASDAQ:MRVL) gained 5%, while SanDisk (NASDAQ:SNDK) advanced 3.1%. Qualcomm (NASDAQ:QCOM) rose 2.4%, and Advanced Micro Devices (NASDAQ:AMD) added 2.7%. Meanwhile, Arm Holdings (NASDAQ:ARM) climbed 1.7%, while AI chip leader NVIDIA (NASDAQ:NVDA) traded 1.2% higher. UBS highlights data centre demand as major growth driver Last week, UBS raised its year-end target for the S&P 500 index to 7,900, pointing to what it described as “seemingly insatiable demand for data center infrastructure” as a major factor supporting stronger earnings expectations. Middle East developments remain in focus Investors continue to monitor geopolitical developments in the Middle East, where the prolonged closure of the Strait of Hormuz has created heightened uncertainty across global financial markets in recent months. However, indications of progress in U.S.-Iran peace negotiations helped improve sentiment in Tuesday’s premarket session, although investors remain cautious given the fragile and evolving na...
Hyperfine ( HYPR ) said on Tuesday it is expected to join the Russell 2000 ( RTY ) and Russell 3000 indexes following the annual Russell reconstitution effective after the U.S. market close on June 26. The health technology company, which develops the FDA-cleared portable MRI brain imaging system Swoop, said the inclusion was based on a preliminary list of additions published by FTSE Russell on Ma...
Hyperfine ( HYPR ) said on Tuesday it is expected to join the Russell 2000 ( RTY ) and Russell 3000 indexes following the annual Russell reconstitution effective after the U.S. market close on June 26. The health technology company, which develops the FDA-cleared portable MRI brain imaging system Swoop, said the inclusion was based on a preliminary list of additions published by FTSE Russell on May 22. CEO Maria Sainz said the expected inclusion reflects progress in the company’s commercial strategy and adoption of its portable MRI technology. More on Hyperfine Hyperfine, Inc. (HYPR) Q1 2026 Earnings Call Transcript Hyperfine, Inc. 2026 Q1 - Results - Earnings Call Presentation Hyperfine, Inc. (HYPR) Q4 2025 Earnings Call Transcript Hyperfine targets $20M-$22M 2026 revenue while maintaining 50%-55% gross margin Hyperfine GAAP EPS of -$0.09 in-line, revenue of $3.90M beats by $0.37M
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by a market favoring momentum-driven stocks over quality factors, alongside company-specific setbacks. In Q1 2026, the US equity market showed mixed results: large-cap indices declined, while mid- and small-cap stocks gained modestly, reflecting a gradual broadening in market participation. Volatility increased, driven by concerns over artificial intelligence and private credit, and further escalated due to the outbreak of conflict in Iran. Despite uncertainty, the Fund focuses on identifying companies that can create value through cycles, particularly where market dislocations provide attractive entry points. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Artisan Value Fund highlighted STOCKS LIKE Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On May 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $610.26 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was -10.46%, and its shares lost 2.68% over the past 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.55 trillion. Artisan Value Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter: "In addition to sales of Humana and PayPal, we also exited our positions in social technology leader Meta Platforms, Inc. (NASDAQ:META) and beverages company Diageo. While we believe Meta remains a great co...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by...
Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for “Artisan Value Fund”. A copy of the letter is available to download here. The Funds’ Investor Class: ARTLX, Advisor Class: APDLX, and Institutional Class: APHLX returned -3.54%, -3.50%. and 3.50%, respectively, in Q1 vs, 2.10% return for the Russell 1000® Value Index. Performance was impacted by a market favoring momentum-driven stocks over quality factors, alongside company-specific setbacks. In Q1 2026, the US equity market showed mixed results: large-cap indices declined, while mid- and small-cap stocks gained modestly, reflecting a gradual broadening in market participation. Volatility increased, driven by concerns over artificial intelligence and private credit, and further escalated due to the outbreak of conflict in Iran. Despite uncertainty, the Fund focuses on identifying companies that can create value through cycles, particularly where market dislocations provide attractive entry points. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Artisan Value Fund highlighted STOCKS LIKE Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On May 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $610.26 per share. One-month return of Meta Platforms, Inc. (NASDAQ:META) was -10.46%, and its shares lost 2.68% over the past 52 weeks. Meta Platforms, Inc. (NASDAQ:META) has a market capitalization of $1.55 trillion. Artisan Value Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q1 2026 investor letter: "In addition to sales of Humana and PayPal, we also exited our positions in social technology leader Meta Platforms, Inc. (NASDAQ:META) and beverages company Diageo. While we believe Meta remains a great co...