Richard Drury/DigitalVision via Getty Images Market Review The U.S. macro backdrop continues to be shaped by a Federal Reserve that has been on pause amid renewed inflation pressures and elevated geopolitical uncertainty. Equity performance was broadly negative across developed and emerging markets. Heightened geopolitical tensions involving Iran, and the subsequent spike in oil prices, weighed on...
Richard Drury/DigitalVision via Getty Images Market Review The U.S. macro backdrop continues to be shaped by a Federal Reserve that has been on pause amid renewed inflation pressures and elevated geopolitical uncertainty. Equity performance was broadly negative across developed and emerging markets. Heightened geopolitical tensions involving Iran, and the subsequent spike in oil prices, weighed on risk sentiment despite resilient, albeit slowing, global growth and moderating inflation. The S&P 500® Index declined 4.33% for the quarter. Within the index, 6 of the 11 Global Industry Classification Standard (GICS®) equity sectors finished in positive territory, led by energy and materials. Value stocks outperformed growth stocks. Among other major equity benchmarks, the MSCI EAFE Index, a measure of developed markets excluding the U.S. and Canada, decreased by 1.24%, while the MSCI Emerging Markets Index decreased by 0.17%. In the U.S., equity markets delivered negative returns during the quarter, with the Dow Jones Industrial Average® declining 3.19% and the NASDAQ 100 Index® falling 5.82%. U.S. fixed-income markets were broadly flat over the period. Geopolitical developments in the Middle East, including the effective closure of the Strait of Hormuz, contributed to heightened market volatility and increased downside risks later in the quarter. Against this backdrop, the US economy remained relatively resilient. The Federal Reserve (Fed) held rates steady as inflation eased from 2.7% year over year in December to 2.2% in February. Labor markets remained solid, with payroll growth rebounding following a weaker December reading and unemployment edging down to 4.2%. Consumer data were mixed: sentiment fell to a multi-year low in January before improving through March, while retail spending softened and then stabilized. Meanwhile, manufacturing remained in contraction, highlighting persistent weakness in the industrial sector. The U.S. dollar declined against a basket of ...
Pep Guardiola is leaving the Premier League as the second-most successful manager in its history. That got us thinking, can you name every manager who has guided a club to a Premier League title?
Pep Guardiola is leaving the Premier League as the second-most successful manager in its history. That got us thinking, can you name every manager who has guided a club to a Premier League title?
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oklo (NYSE:OKLO) received accelerated Nuclear Regulatory Commission approval for its Aurora reactor design, an uncommon outcome for the sector. The company signed a nuclear power agreement with Meta for up to 1.2 gigawatts to support large scale data and AI operations. Oklo also ...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oklo (NYSE:OKLO) received accelerated Nuclear Regulatory Commission approval for its Aurora reactor design, an uncommon outcome for the sector. The company signed a nuclear power agreement with Meta for up to 1.2 gigawatts to support large scale data and AI operations. Oklo also entered new government partnerships and expanded its customer pipeline with major data and AI companies. For investors tracking NYSE:OKLO, these regulatory and commercial updates arrive with the stock at $65.88 and a very large 3 year return, alongside a 34.8% gain over the past year. The stock is up 12.5% over the past week, while returns are down 7.2% over the past 30 days and down 15.3% year to date. This highlights how quickly sentiment around the company can shift as new information emerges. The combination of accelerated NRC approval and large agreements with tech and AI customers puts a spotlight on how Oklo aims to turn its reactor design into contracted capacity. Readers may want to watch how the Meta agreement, government partnerships, and broader customer pipeline progress from announcement to site selection, financing structures, and eventual project execution. Stay updated on the most important news stories for Oklo by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Oklo. NYSE:OKLO Earnings & Revenue Growth as at May 2026 We've flagged 5 risks for Oklo. See which could impact your investment. The NRC’s accelerated approval of Oklo’s Aurora design gives the company a clear regulatory reference point at a time when it is still loss making and investing heavily. The binding agreement with Meta for up to 1.2 gigawatts and a roughly 14 gigawatt customer pipeline suggest that Oklo is positioning itself as a power provider to large data and AI customers, rather than a pure technology licensor. That puts it...
Malaysia ’s jailed former prime minister Najib Razak has become the unlikely face of a new prison food campaign, after an animal rights group urged Kajang Prison to serve him and other inmates vegan meals. In a letter sent on Tuesday to Kajang Prison Director Mohd Sharin bin Hj Sabtu, People for the Ethical Treatment of Animals (Peta) said a vegan meals policy could help reduce costs, improve inma...
Malaysia ’s jailed former prime minister Najib Razak has become the unlikely face of a new prison food campaign, after an animal rights group urged Kajang Prison to serve him and other inmates vegan meals. In a letter sent on Tuesday to Kajang Prison Director Mohd Sharin bin Hj Sabtu, People for the Ethical Treatment of Animals (Peta) said a vegan meals policy could help reduce costs, improve inmate health and promote “empathy and non-violence” inside one of Malaysia’s best-known prisons. Malaysia’s prison rules do not prescribe a fixed menu, but a ration scale listing rice, vegetables and items such as chicken, fish, meat, tofu, eggs, fruit, bread, tea and coffee for inmates, according to the First Schedule of the Prisons Regulations 2000. Advertisement “Even former Prime Minister Najib Razak deserves humane, healthy meals, and so does every prisoner,” Jason Baker, president of Peta Asia, said in a statement. “When prisoners eat meat, eggs, and dairy, they’re consuming the pain, fear, and suffering that animals endured on farms and in slaughterhouses. The only peaceful meal is a vegan one, and Peta urges Kajang Prison to do everything it can to instil non-violence in its inmates.” Advertisement On social media, the proposal drew the sort of sarcasm that has followed Najib since his imprisonment. One user joked that the former leader was unlikely to be eating ordinary prison food and was probably housed in a more comfortable “suite”. Another user dismissed Peta’s reasoning as “nonsense”, but conceded that feeding inmates only rice and vegetables might at least “save taxpayers’ money”.
Nvidia Corp. (NASDAQ:NVDA) has been growing rapidly and has now surpassed the market values of the stock markets in Taiwan and India. Nvidia Tops Taiwan, India The AI chipmaker boasts a market capitalization of more than $5.2 trillion as of May 22. Taiwan’s benchmark TAIEX index has become the world's fifth-largest stock market, outpacing India's National Stock Exchange (NSE). On the other hand, t...
Nvidia Corp. (NASDAQ:NVDA) has been growing rapidly and has now surpassed the market values of the stock markets in Taiwan and India. Nvidia Tops Taiwan, India The AI chipmaker boasts a market capitalization of more than $5.2 trillion as of May 22. Taiwan’s benchmark TAIEX index has become the world's fifth-largest stock market, outpacing India's National Stock Exchange (NSE). On the other hand, the NSE's market capitalization stands at $4.92 trillion. The Nifty 50 Index, which tracks the top 50 stocks by market value from 13 sectors of the Indian economy, topped 24,000 on hopes of a U.S.-Iran deal. The 50-stock index has a market value of $2.2 trillion. Nvidia Market Cap To Soar Further Several market researchers and analysts predict Nvidia could rise further in the years ahead. Tech-focused investment firm Altimeter Capital founder and CEO Brad Gerstner said that Nvidia could become the world’s first $10 trillion company, citing that the chipmaker remains undervalued at the current levels. Harsh Chuhan, an analyst at Motley Fool, expects Nvidia could become the world’s first $15 trillion company by 2029 due to its phenomenal growth potential powered by AI. Nvidia’s CEO Jensen Huang recently said that the company is focusing on the Central Processing Unit (CPU), which has become essential in AI and is a massive $200 billion industry. The table describes the year-to-date, one-year and five-year returns of Nvidia, Taiwan stock market index, Nifty 50 and the S&P 500: Benzinga Edge Stock Rankings indicate that NVDA has a Momentum score in the 83rd percentile with a strong price trend in the short, medium and long term. It also has a solid Growth score in the 99th percentile. Photo courtesy: Mehaniq on Shutterstock.com
Pony AI Inc. press release ( PONY ): Q1 Non-GAAP EPS of -$0.09 beats by $0.04 . Revenue of $34.25M (+145.0% Y/Y) beats by $12.29M . Service revenues were US$16.7 million (RMB115.4 million) in the first quarter of 2026, representing an increase of 61.4% from US$10.4 million in the first quarter of 2025. Product revenues were US$17.5 million (RMB120.9 million) in the first quarter of 2026, represent...
Pony AI Inc. press release ( PONY ): Q1 Non-GAAP EPS of -$0.09 beats by $0.04 . Revenue of $34.25M (+145.0% Y/Y) beats by $12.29M . Service revenues were US$16.7 million (RMB115.4 million) in the first quarter of 2026, representing an increase of 61.4% from US$10.4 million in the first quarter of 2025. Product revenues were US$17.5 million (RMB120.9 million) in the first quarter of 2026, representing an increase of 384.4% from US$3.6 million in the first quarter of 2025. Updating 2026 growth targets — "We raise our 2026 Robotaxi revenues target from 3 times to more than 3.5 times the level in 2025 and year-end Robotaxi fleet size target from 3,000 units to over 3,500 units." More on Pony AI Inc. Pony AI: A Big Year Ahead As Company Guides To Tripling Robotaxi Revenue Pony AI Q4 Earnings: Early Signs Of Commercialization Amid Global Expansion Pony AI Inc. (PONY) Q4 2025 Earnings Call Transcript Quant snapshot: Diana Shipping, National Bank of Canada among top-rated names as Pony AI, Alarum Technologies lag Pony AI Inc. Q1 2026 Earnings Preview
Any fan of Star Trek can quote the intro to the classic sci-fi TV series: "To go boldly where no man has gone before." Fifty-seven years after the series ended, SpaceX is making fiction a reality. The space technology pioneer founded by Tesla (TSLA +1.94%) CEO Elon Musk is also going where no other company has gone before. SpaceX plans to list its shares on the NASDAQ stock exchange with a reporte...
Any fan of Star Trek can quote the intro to the classic sci-fi TV series: "To go boldly where no man has gone before." Fifty-seven years after the series ended, SpaceX is making fiction a reality. The space technology pioneer founded by Tesla (TSLA +1.94%) CEO Elon Musk is also going where no other company has gone before. SpaceX plans to list its shares on the NASDAQ stock exchange with a reported valuation of around $1.75 trillion, making it the biggest IPO in history. This ginormous market cap would instantly make SpaceX the largest industrial company on the market. But after the company's S1 filing last week, another number has Wall Street buzzing. Thinking big, really big Actually, several numbers in SpaceX's S1 filing caught analysts' attention. For example, it's been frequently noted that Starlink is SpaceX's cash cow. The satellite internet service provider generated $11.4 billion in revenue last year, roughly 60% of SpaceX's total revenue. The $12.7 billion of capital expenditures incurred by xAI also raised eyebrows. Musk merged the AI unit that developed the Grok large language model with SpaceX earlier this year. However, the number that is arguably the most jarring to Wall Street is SpaceX's estimated total addressable market of $28.5 trillion. The company stated in its S1 filing that this figure is "the largest actionable total addressable market (TAM) in human history." What's especially remarkable is that SpaceX believes that $22.7 trillion of its TAM is related to enterprise applications. This implies that Starlink isn't the most valuable part of SpaceX's business over the long term. Surprisingly, management seems to think it's xAI. But there's a close connection between xAI and SpaceX's launch business. Musk predicts there's a massive opportunity to run data centers in space. Significant skepticism If SpaceX's TAM is truly $28.5 trillion, a market cap of $1.75 trillion isn't unreasonable. However, it's fair to say that there's significant skepticis...
Key Points SpaceX's S1 filing revealed several numbers that raised eyebrows. The biggest number -- and most surprising -- was the company's estimated total addressable market (TAM). If SpaceX's TAM is realistic, its $1.75 trillion IPO valuation could be easily justified. These 10 stocks could mint the next wave of millionaires › Any fan of Star Trek can quote the intro to the classic sci-fi TV ser...
Key Points SpaceX's S1 filing revealed several numbers that raised eyebrows. The biggest number -- and most surprising -- was the company's estimated total addressable market (TAM). If SpaceX's TAM is realistic, its $1.75 trillion IPO valuation could be easily justified. These 10 stocks could mint the next wave of millionaires › Any fan of Star Trek can quote the intro to the classic sci-fi TV series: "To go boldly where no man has gone before." Fifty-seven years after the series ended, SpaceX is making fiction a reality. The space technology pioneer founded by Tesla (NASDAQ: TSLA) CEO Elon Musk is also going where no other company has gone before. SpaceX plans to list its shares on the NASDAQ stock exchange with a reported valuation of around $1.75 trillion, making it the biggest IPO in history. 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 » This ginormous market cap would instantly make SpaceX the largest industrial company on the market. But after the company's S1 filing last week, another number has Wall Street buzzing. Thinking big, really big Actually, several numbers in SpaceX's S1 filing caught analysts' attention. For example, it's been frequently noted that Starlink is SpaceX's cash cow. The satellite internet service provider generated $11.4 billion in revenue last year, roughly 60% of SpaceX's total revenue. The $12.7 billion of capital expenditures incurred by xAI also raised eyebrows. Musk merged the AI unit that developed the Grok large language model with SpaceX earlier this year. However, the number that is arguably the most jarring to Wall Street is SpaceX's estimated total addressable market of $28.5 trillion. The company stated in its S1 filing that this figure is "the largest actionable total addressable market (TAM) in human history." What's especially remarkable is that Spa...
Japan’s May crude oil imports are expected to rebound to around 1.7 million barrels a day, roughly three-quarters of the level a year earlier, as refiners step up alternative procurement while the Strait of Hormuz remains largely closed. The estimate, based on Bloomberg’s vessel-tracking data as of May 19, is likely to exceed the government’s outlook, supported mainly by independently arranged cru...
Japan’s May crude oil imports are expected to rebound to around 1.7 million barrels a day, roughly three-quarters of the level a year earlier, as refiners step up alternative procurement while the Strait of Hormuz remains largely closed. The estimate, based on Bloomberg’s vessel-tracking data as of May 19, is likely to exceed the government’s outlook, supported mainly by independently arranged crude supplies from the US and from Saudi Arabia via the Red Sea. Some cargoes bound for Japan may still be rerouted. The Japanese government had projected as of May 12 that alternative crude procurement from the Middle East outside the Strait of Hormuz and from the US would total about 1.4 million barrels a day in May. An additional 70,000 barrels a day was expected from cargoes that transited the strait on April 29 and are set to arrive this month. The government had planned to draw on reserves to make up the shortfall. Japan relies on the Middle East for over 90% of its crude oil supply, and in the wake of the effective closure of the Strait of Hormuz, the government and private firms have been working to secure alternative sources. The country has conducted two releases of reserves to stabilize the market, leaving stockpiles at 202 days’ worth, compared with 243 days at the end of February. If Japan can limit further draw-down of those reserves by using alternative routes and expanding procurement from other regions, it would strengthen the country’s ability to withstand prolonged disruption in Middle Eastern supplies.
Sundry Photography/iStock Editorial via Getty Images I may have been a bit too early to downgrade ArcBest Corporation ( ARCB ) considering the 32% returns from my previous coverage. Oftentimes, the stock behaves in a nonlinear way relative to valuation and even market forces. After all, it gave a sound Q1 performance, which raised hopes among investors. Technicals adhere to it as bullish signals p...
Sundry Photography/iStock Editorial via Getty Images I may have been a bit too early to downgrade ArcBest Corporation ( ARCB ) considering the 32% returns from my previous coverage. Oftentimes, the stock behaves in a nonlinear way relative to valuation and even market forces. After all, it gave a sound Q1 performance, which raised hopes among investors. Technicals adhere to it as bullish signals persist. However, my view about its overpricing risk and downside aspects remains firm. ARCB Q1 2026: Growth Is At Its Best, Margins Are Not The freight and logistics industry has faced various headwinds in the past two years. The situation intensifies as macroeconomic volatility continues, exacerbated by tariff wars and geopolitical tensions in the Middle East. ArcBest Corporation showed its strength with its well-diversified business model. However, mounting inflationary headwinds are also present, which continue to affect its margins. You have seen this again in its most recent performance. In Q1 2026, its operating revenue amounted to $998.79M , up by 3.3% YoY from $967.08M. This was much stronger than in my previous coverage due to the -2.9% YoY change in Q4 2025. This was also the first time it had positive revenue growth in seven quarters . So, the improvement in Q1 2026 was a strong recovery. This should not be surprising amid the Truckload or TL and less-than-truckload or LTL recovery and undercapacity. Due to numerous bankruptcy filings and shutdowns in the industry, freight and logistics capacity continued to drop. As supply dropped more than demand, freight rates recovered. This was supported by the policy easing cycle in the second half of 2025. This supported business and consumer spending and spur economic activity. Also, businesses had to restock after the holiday season. As you can see, its shipments per day and revenue per shipment increased YoY, which meant stronger demand and pricing power. Operating Statistics (ARCB Q1 ) However, its operating expenses i...
Kathie Lee Gifford has put her enormous Connecticut estate on the market for the staggering price of $100 million—32 years after she purchased the expansive property.
Kathie Lee Gifford has put her enormous Connecticut estate on the market for the staggering price of $100 million—32 years after she purchased the expansive property.