halbergman/E+ via Getty Images Antero Resources ( AR ) reported relatively strong Q1 2026 results and provided improved guidance around its realized ethane prices and its cash production costs. It is now projected to generate over $1.7 billion in 2026 free cash flow despite NYMEX natural gas strip prices averaging a relatively modest $3.30 for Q2 2026 to Q4 2026 after averaging over $5 in Q1 2026....
halbergman/E+ via Getty Images Antero Resources ( AR ) reported relatively strong Q1 2026 results and provided improved guidance around its realized ethane prices and its cash production costs. It is now projected to generate over $1.7 billion in 2026 free cash flow despite NYMEX natural gas strip prices averaging a relatively modest $3.30 for Q2 2026 to Q4 2026 after averaging over $5 in Q1 2026. The improvement in C3+ NGL prices as a result of the Middle East conflict helps in that regard. Antero's natural gas sales are largely priced based on NYMEX-related benchmarks, so strong European and Asian LNG prices don't really have a direct impact on Antero's realized natural gas prices. Due to a $5 increase in my long-term oil price and Antero's production cost reductions, I am increasing my estimate of Antero's value to $45 per share ( from $40 to $41 per share before). I thus believe Antero is somewhat undervalued now. Q1 2026 Results Antero generated a large (around $657 million) amount of adjusted free cash flow in Q1 2026. Changes in working capital contributed $224 million to that, so Antero's adjusted free cash flow before changes in working capital was $433 million. This strong result was mostly driven by the spike in natural gas prices caused by Winter Storm Fern. Antero mentioned an index price of $5.04 for natural gas in Q1 2026, and it realized (before hedges) $5.57 for its natural gas during the quarter. Antero paid $165 million in Q1 2026 derivative settlements, so its free cash flow (before changes in working capital) would have approached $600 million in the quarter without its hedges. Antero's Q1 2026 production averaged 3.852 Bcfe per day, slightly above its expectations for 3.8 Bcfe per day. It mentioned that it was able to get through Winter Storm Fern without shutting in production. Antero closed on its HG Energy acquisition during the quarter, so future quarters will benefit from a full quarter's worth of production from those assets. Notes on Nat...
Glean, a company often described as the Google for enterprise, said it has reached $300 million in annual recurring revenue (ARR), a three-fold increase from the $100 million milestone it reached just 15 months ago. While many AI startups are growing at a blistering pace, Glean’s progress is particularly remarkable. After years of essentially being the only player in the category, the seven-year-o...
Glean, a company often described as the Google for enterprise, said it has reached $300 million in annual recurring revenue (ARR), a three-fold increase from the $100 million milestone it reached just 15 months ago. While many AI startups are growing at a blistering pace, Glean’s progress is particularly remarkable. After years of essentially being the only player in the category, the seven-year-old startup is accelerating its growth as tech giants enter the enterprise AI search market with rival products. “The first four or five years of our existence, we had no competition,” Glean CEO Arvind Jain told TechCrunch. “Given how important search is to make AI work in the enterprise, every single company in the world wants to be in this space.” Tech heavyweights building Glean-like tools include Google, Microsoft, OpenAI, Anthropic, Salesforce, and Atlassian. Jain maintains that there’s value in being a first mover in the space, but that it’s also equally important to offer a better product. What Glean does better than its competition, according to Jain, comes down to the deep understanding that its AI tools have of customers’ business needs. Glean’s AI achieves this knowledge — a concept captured by the new, popular term “context graph” — by connecting to and learning from enterprises’ internal software systems. Jain claims that Glean’s context graph also helps enterprises cut AI computing costs. “If you connect your AI to Glean, it gives you all the information that you need to do your work, and that results in AI consuming far fewer tokens compared to if you unleash AI onto your systems directly,” Jain said. That’s because with Glean, AI ends up performing fewer operations, he added. At a time when many companies are blowing through their AI budgets, those token cost savings have become a major selling point for the company. “One of the things you know our customers really like about Glean is the fact that we can reduce your AI bill significantly,” he said. The compa...
Glean, a company often described as the Google for enterprise, said it has reached $300 million in annual recurring revenue (ARR), a three-fold increase from the $100 million milestone it reached just 15 months ago. While many AI startups are growing at a blistering pace, Glean’s progress is particularly remarkable. After years of essentially being the only player in the category, the seven-year-o...
Glean, a company often described as the Google for enterprise, said it has reached $300 million in annual recurring revenue (ARR), a three-fold increase from the $100 million milestone it reached just 15 months ago. While many AI startups are growing at a blistering pace, Glean’s progress is particularly remarkable. After years of essentially being the only player in the category, the seven-year-old startup is accelerating its growth as tech giants enter the enterprise AI search market with rival products. “The first four or five years of our existence, we had no competition,” Glean CEO Arvind Jain told TechCrunch. “Given how important search is to make AI work in the enterprise, every single company in the world wants to be in this space.” Tech heavyweights building Glean-like tools include Google, Microsoft, OpenAI, Anthropic, Salesforce, and Atlassian. Jain maintains that there’s value in being a first mover in the space, but that it’s also equally important to offer a better product. What Glean does better than its competition, according to Jain, comes down to the deep understanding that its AI tools have of customers’ business needs. Glean’s AI achieves this knowledge — a concept captured by the new, popular term “context graph” — by connecting to and learning from enterprises’ internal software systems. Jain claims that Glean’s context graph also helps enterprises cut AI computing costs. “If you connect your AI to Glean, it gives you all the information that you need to do your work, and that results in AI consuming far fewer tokens compared to if you unleash AI onto your systems directly,” Jain said. That’s because with Glean, AI ends up performing fewer operations, he added. At a time when many companies are blowing through their AI budgets, those token cost savings have become a major selling point for the company. “One of the things you know our customers really like about Glean is the fact that we can reduce your AI bill significantly,” he said. The compa...
Richard Drury/DigitalVision via Getty Images Optimism among individual investors about the short-term outlook for stocks increased in the latest AAII Sentiment Survey. Meanwhile, neutral sentiment and pessimism decreased. Bullish sentiment, expectations that stock prices will rise over the next six months, increased 3.8 percentage points to 35.6%. Bullish sentiment is below its historical average ...
Richard Drury/DigitalVision via Getty Images Optimism among individual investors about the short-term outlook for stocks increased in the latest AAII Sentiment Survey. Meanwhile, neutral sentiment and pessimism decreased. Bullish sentiment, expectations that stock prices will rise over the next six months, increased 3.8 percentage points to 35.6%. Bullish sentiment is below its historical average of 37.5% for the second time in six weeks. Neutral sentiment, expectations that stock prices will stay essentially unchanged over the next six months, decreased 2.1 percentage points to 22.6%. Neutral sentiment is unusually low and is below its historical average of 31.5% for the 97th time in 99 weeks. Bearish sentiment, expectations that stock prices will fall over the next six months, decreased 1.8 percentage points to 41.9%. Bearish sentiment is unusually high and is above its historical average of 31.0% for the 16th consecutive week. The bull-bear spread (bullish minus bearish sentiment) increased 5.6 percentage points to –6.3%. The bull-bear spread is below its historical average of 6.5% for the 15th time in 16 weeks. This week’s special question asked AAII members how they think the average consumer is faring relative to the start of the year. Here is how they responded: Better 8.3% About the same: 18.2% Worse: 71.9% Not sure/no opinion: 0.8% This week’s Sentiment Survey results: Bullish: 35.6%, up 3.8 percentage points Neutral: 22.6%, down 2.1 percentage points Bearish: 41.9%, down 1.8 percentage points Historical averages: Bullish: 37.5% Neutral: 31.5% Bearish: 31.0% The AAII Sentiment Survey has been conducted weekly since July 1987.
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Translate webpages in Chrome: On your computer, open Chrome. Go to a webpage written in another language. At the top, click Translate. Chrome will translate the webpage one time. If you haven't installed Google Chrome. Please download and install it. Down
AlexSecret/iStock via Getty Images By Elior Manier Stock markets are rallying after major diplomatic progress, as negotiators have finalized the draft of the much-anticipated US-Iran peace memorandum. Still, the deal is not yet official. Axios reports that while the main framework is set, final approval is needed from both President Trump, who has asked for a few more days to review the terms, and...
AlexSecret/iStock via Getty Images By Elior Manier Stock markets are rallying after major diplomatic progress, as negotiators have finalized the draft of the much-anticipated US-Iran peace memorandum. Still, the deal is not yet official. Axios reports that while the main framework is set, final approval is needed from both President Trump, who has asked for a few more days to review the terms, and Supreme Leader Khamenei before the agreement is signed. The draft shows a more balanced agreement , still tilting towards the US. The main points include keeping the Strait of Hormuz open and gradually lifting the US naval blockade over the next 30 days. The draft also calls for Iran to get rid of its highly enriched nuclear material and allows for free commercial transit in the region. In return, Iran will have key financial assets unfrozen, some economic sanctions lifted, and new systems set up for more humanitarian aid. Even with this major diplomatic breakthrough, energy markets are reacting quietly today. WTI crude oil is almost unchanged and remains below $90 as traders wait for clear signs that the strait will reopen. Brent crude fell sharply and is now trading close to WTI, as the international risk premium has disappeared. Daily Market Performance (14:28). May 28, 2026 – Courtesy of Finviz The tech-focused Nasdaq is rising quickly, led by gains in semiconductor and large tech companies, running for yet another all-time high, but the rise isn’t uniform, with the Dow Jones Industrial Average mostly flat. Outside of the tech sector, most of the market is quiet, as big investors wait for the final diplomatic approvals by the respective US and Iranian leaders. Now, let’s take a look at the intraday charts and trading levels for the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500. Current Session's Stock Heatmap Current picture for the stock market (14:32) – Source: TradingView – May 28, 2026 Dow Jones 4H Chart and Trading Levels Dow Jones (CFD) 4H Chart – M...
This month’s rally in the dollar, as traders priced in the prospect of higher US interest rates, is leaving Wall Street strategists wary of further gains. The Bloomberg Dollar Spot Index is up 0.7% so far in May, as investors ramped up bets that the Federal Reserve will raise rates by early 2027, boosting the appeal of US assets. The gauge is on track for only its fourth monthly gain since the gre...
This month’s rally in the dollar, as traders priced in the prospect of higher US interest rates, is leaving Wall Street strategists wary of further gains. The Bloomberg Dollar Spot Index is up 0.7% so far in May, as investors ramped up bets that the Federal Reserve will raise rates by early 2027, boosting the appeal of US assets. The gauge is on track for only its fourth monthly gain since the greenback’s 2025 downtrend began. To strategists from Morgan Stanley to Wells Fargo, focus is now shifting to the likelihood that other major central banks will hike even more aggressively, just as optimism for a US-Iran peace deal dents the US currency’s haven demand. The consensus view on Wall Street is for a key gauge of the dollar to tumble more than 1% by the third quarter and 2% by the fourth, according to forecaster data compiled by Bloomberg. “We are not chasing the dollar rally right now,” said Erik Nelson , a macro strategist at Wells Fargo Securities LLC in New York. “US exceptionalism might have reached another peak and that will limit the dollar’s ability to follow through and break well-established ranges.” Nelson expects the crowded positions in American AI/semiconductor stocks to “expose the dollar to fresh downside risks.” The Bloomberg gauge of the dollar has failed to close above its 200-day moving average since April — around the time US President Donald Trump announced a ceasefire with Iran. The moving average has capped the dollar’s upside for more than a year, with the gauge briefly trading above the key level in March during the height of the Middle East conflict before retreating. American outperformance versus the rest of the world, in terms of economic growth and equity market gains, has reached “rather extreme levels” and is prone to a correction, according to Nelson. Aside from the 2020-21 pandemic, the real gap in gross domestic product between US and its 10 major peers on a weighted average basis has not been this big in a quarter century, he sai...
Narendra Modi’s government has ordered one of India’s most exclusive private clubs, the Delhi Gymkhana Club, to vacate its sprawling premises – the latest move against institutions seen as symbols of Delhi’s old world establishment. The club has long been synonymous with India’s upper echelons, although before Independence in 1947 it was largely a preserve of the British colonial elite, admitting ...
Narendra Modi’s government has ordered one of India’s most exclusive private clubs, the Delhi Gymkhana Club, to vacate its sprawling premises – the latest move against institutions seen as symbols of Delhi’s old world establishment. The club has long been synonymous with India’s upper echelons, although before Independence in 1947 it was largely a preserve of the British colonial elite, admitting only a select few Indians. Here’s everything to know about the club and why the government’s plan has sent shockwaves through the privileged membership base: What is the Delhi Gymkhana Club and what is the row about? The Delhi Gymkhana Club is one of the country’s oldest institutions: part colonial relic, part social club, part establishment power centre. Now it is suddenly under threat. The Indian government has ordered the club to vacate the 11 hectares (27 acres) it occupies in the heart of New Delhi, saying the land is needed for defence-related infrastructure and other strategic purposes. The notice initially gave the club just two weeks to leave. Lawyers rushed to the Delhi high court on Tuesday seeking to halt the eviction. The court declined to intervene. But India’s solicitor general, Tushar Mehta, assured the court that any action would take place strictly “in accordance with law”, easing fears of an immediate shutdown and buying the club some time. View image in fullscreen A reporter stands outside the entrance of the exclusive Delhi Gymkhana Club. Photograph: Bhawika Chhabra/Reuters What is the history of the club? Founded in 1913 as the Imperial Delhi Gymkhana Club on a peppercorn rent, it began life as an exclusive preserve for British administrators and military officers. Only a select group of Indians were admitted, largely drawn from princely rulers, senior civil service officers, judges, lawyers and wealthy industrialists considered socially acceptable to the Raj. Today, it remains a world of senior civil servants, military officers, old Delhi families and...