The British Museum has postponed a lecture for Jewish culture month over concerns that the event would be disrupted by protesters. The museum announced that the talk on ancient Israel and Judah, which was scheduled to take place on Thursday, would be held at a later date yet to be decided. The talk in the museum’s BP lecture theatre was due to be given by Dr Paul Collins, keeper of the Middle East...
The British Museum has postponed a lecture for Jewish culture month over concerns that the event would be disrupted by protesters. The museum announced that the talk on ancient Israel and Judah, which was scheduled to take place on Thursday, would be held at a later date yet to be decided. The talk in the museum’s BP lecture theatre was due to be given by Dr Paul Collins, keeper of the Middle East department, and was expected to examine the archaeology and history of the ancient kingdoms of Israel and Judah through artefacts held by the museum. It was also expected to touch on other historical events such as the Babylonian destruction of Jerusalem and the Maccabean revolt, and was organised as part of the first ever Jewish culture month in the UK, which runs until 16 June. However, less than 24 hours before the event, the museum said it would be postponed. In a statement, the museum said it was informed that a “significant proportion” of the registered attendees were “individuals intending to deliberately disrupt the event, preventing others from participating in good faith and undermining the purpose of the programme … “The British Museum fully recognises the importance of lawful protest and freedom of expression in a democratic society. Equally, we have a responsibility to ensure that events hosted within the museum can proceed safely, securely and without intimidation for speakers, staff and visitors alike.” The museum added that after discussions with organisers and security partners, a joint decision was taken to postpone the event to a later date “when it can take place in an environment that properly safeguards both the audience experience and the integrity of the programme itself”. It said it would continue to support Jewish culture month, with a space provided where history, culture and scholarship can be explored “without disruption”. George Osborne, the former Conservative chancellor who is the chairman of the British Museum, shared the organisation’s sta...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Marvell Technology (NasdaqGS:MRVL) reported record Q1 fiscal 2027 revenue. The company sharply raised its outlook for fiscal 2027 and 2028. Marvell expanded its collaboration with NVIDIA to target high-speed optical and AI infrastructure. The company agreed to...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Marvell Technology (NasdaqGS:MRVL) reported record Q1 fiscal 2027 revenue. The company sharply raised its outlook for fiscal 2027 and 2028. Marvell expanded its collaboration with NVIDIA to target high-speed optical and AI infrastructure. The company agreed to acquire Celestial AI and Polariton Technologies, adding high-speed connectivity and silicon photonics capabilities. Management highlighted strong AI related demand and bookings that support its upgraded multi year revenue outlook. For investors watching AI infrastructure, Marvell Technology now sits closer to the center of the conversation. The stock trades at $198.7, with the share price up 6.4% over the past week, 25.6% over the past month, 122.3% year to date, and more than 3x over the past five years. Those moves reflect growing attention on Marvell’s role in data center and high speed connectivity markets. The new product roadmap, deeper NVIDIA collaboration, and additions of Celestial AI and Polariton Technologies give Marvell a broader toolkit across optical and AI infrastructure. The company is also directly addressing supply constraints in optical chips, which have been a bottleneck for data center build outs. Investors now have fresh information on how management sees the next several years unfolding, which can feed into individual views on risk, position sizing, and time horizon for NasdaqGS:MRVL. Stay updated on the most important news stories for Marvell Technology by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Marvell Technology. NasdaqGS:MRVL Earnings & Revenue Growth as at May 2026 📰 Beyond the headline: 2 risks and 3 things going right for Marvell Technology that every investor should see. For you as an investor, this update is really about Marvell trying to secure a bigger role in AI infra...
JillianCain/iStock Editorial via Getty Images Better-than-expected first-quarter results that included a top- and bottom-line beat and the strongest comparable sales performance in four years more than offset Kohl’s ( KSS ) disappointing guidance, driving shares more than 8% higher in Thursday’s premarket trading. The department store’s first quarter results were mixed as disciplined cost manageme...
JillianCain/iStock Editorial via Getty Images Better-than-expected first-quarter results that included a top- and bottom-line beat and the strongest comparable sales performance in four years more than offset Kohl’s ( KSS ) disappointing guidance, driving shares more than 8% higher in Thursday’s premarket trading. The department store’s first quarter results were mixed as disciplined cost management helped mitigate the impact on profits from a 2% drop in sales for the quarter. This resulted in a loss of $0.13 per share, unchanged from a year prior but $0.09 better than feared. Operating income was $14M less than last year, and as a percentage of total revenue, was down 41 basis points year-over-year. Revenue also beat expectations despite softening comparable store sales. But while comparable store sales were down 1.1% from last year, this was a significant improvement from the 3.9% drop recorded in the same quarter last year and better than expectations for a decline of 1.71%. “Our key initiatives continue to drive progressive improvements to the business, resulting in our best comparable sales performance in over four years. In addition, we continue to manage the business with great discipline, leading to strong expense management, cleaner inventories, and an improved balance sheet,” said Kohl’s CEO Michael Bender, referring to a $545M decrease in borrowings under its revolving credit facility and near tripling of cash and cash equivalents. Looking ahead to FY26, Kohl’s ( KSS ) expects net sales and comparable sales to be unchanged to down 2%. This translates to a range of $14.5B and $14.8B in total sales versus $14.87B estimates. Adjusted earnings are seen within a range of $1.00 to $1.60, with a $1.30 midpoint that is below the $1.34 estimate. More on Kohl's Kohl's: The Expected Tariff Refund Should Substantially Strengthen Its Financial Position Kohl's: As Long As The Demand Is Weak I Would Give It A Pass Kohl's: Cheap Valuation Offset By Shaky Sales (Rating Do...
(RTTNews) - U.S. coal miner Peabody Energy Corporation (BTU) said on Thursday it plans to offer $225 million in convertible senior notes due 2031, with an option for initial purchasers to buy up to an additional $25 million. Pricing terms, including the interest rate and initial conversion rate, have not been determined. Peabody intends to use proceeds to fund capped call transactions and to repur...
(RTTNews) - U.S. coal miner Peabody Energy Corporation (BTU) said on Thursday it plans to offer $225 million in convertible senior notes due 2031, with an option for initial purchasers to buy up to an additional $25 million. Pricing terms, including the interest rate and initial conversion rate, have not been determined. Peabody intends to use proceeds to fund capped call transactions and to repurchase a portion of its outstanding 3.250 percent convertible senior notes due 2028. The notes, which will be senior unsecured obligations, will mature on June 1, 2031, unless earlier repurchased, redeemed or converted. Interest will be paid semi-annually, Peabody said. On the NYSE, shares of Peabody closed Wednesday's trading 1.70 percent higher at $26.34 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Noah Sauve/iStock Editorial via Getty Images Canadian Imperial Bank of Commerce ( CM ) fiscal Q2 earnings surpassed the Wall Street consensus on Thursday as net interest income growth came in better than expected, but its provision for credit losses was higher than analysts anticipated. Year-over-year growth in net income was driven by capital markets and U.S. commercial banking and wealth managem...
Noah Sauve/iStock Editorial via Getty Images Canadian Imperial Bank of Commerce ( CM ) fiscal Q2 earnings surpassed the Wall Street consensus on Thursday as net interest income growth came in better than expected, but its provision for credit losses was higher than analysts anticipated. Year-over-year growth in net income was driven by capital markets and U.S. commercial banking and wealth management. The company also announced an agreement to sell its 91.7% stake in CIBC Caribbean Bank to The Bank of N.T. Butterfield & Son ( NTB ) for $1.09B in cash and $703M in Butterfield shares. Q2 adjusted EPS of C$2.54 (US$2.95), beating the average analyst estimate of C$2.45, fell from C$2.76 in Q1 2026 and rose from C$2.05 in last year’s Q2. Revenue for the quarter ended April 30, 2026, dropped to C$8.01B from C$8.40B in the previous quarter and increased from C$7.02B a year ago. The current quarter topped the consensus of C$7.976B. CIBC ( CM ) stock rose 0.5% in premarket trading. Adjusted preprovision pretax earnings of C$3.82B declined from C$4.08B in Q1 and climbed from C$3.21B in Q2 2025. Net interest income of C$4.35B, exceeding the Visible Alpha consensus of C$4.22B, increased 1% Q/Q and 15% Y/Y. Provision for credit losses of C$605M vs. the Visible Alpha estimate of C$584M increased from C$568M in Q1 and was flat with last year’s Q2. Adjusted return on equity of 16.4% vs. 17.4% in the prior quarter and 13.9% a year ago. Adjusted net income by segment: Canadian Personal and Business Banking: C$851M dropped 12% Q/Q and climbed 15% Y/Y Canadian Commercial Banking and Wealth Management: C$614M slipped 5% Q/Q and grew 12% Y/Y U.S. Commercial Banking and Wealth Management: $191M fell 11% Q/Q and jumped 53% Y/Y. Capital Markets: C$792M declined 10% Q/Q and grew 40% Y/Y. Global markets revenue gained 24% Y/Y, with strong contributions from equities trading. More on Canadian Imperial Bank of Commerce Canadian Imperial Bank of Commerce (CM:CA) Shareholder/Analyst Call Transcri...
The Vanguard Health Care ETF (VHT +0.21%) offers broad, low-cost exposure to the full healthcare sector, whereas the State Street SPDR S&P Biotech ETF (XBI +0.83%) provides a targeted, more volatile bet on biotechnology firms. Both funds serve as primary vehicles for gaining healthcare exposure, yet they employ distinct strategies. Investors may choose between a comprehensive sector-wide approach ...
The Vanguard Health Care ETF (VHT +0.21%) offers broad, low-cost exposure to the full healthcare sector, whereas the State Street SPDR S&P Biotech ETF (XBI +0.83%) provides a targeted, more volatile bet on biotechnology firms. Both funds serve as primary vehicles for gaining healthcare exposure, yet they employ distinct strategies. Investors may choose between a comprehensive sector-wide approach or a specific sub-industry focus that utilizes a modified equal-weighting methodology to capture the growth potential of smaller biotechnology companies. Snapshot (cost & size) Metric XBI VHT Issuer SPDR Vanguard Expense ratio 0.35% 0.09% 1-yr return (as of May 18, 2026) 62.20% 13.00% Dividend yield 0.33% 1.69% Beta 0.85 0.62 AUM $8.2 billion $16.5 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. The Vanguard fund is noticeably more affordable with an expense ratio of 0.09%, compared to 0.35% for the SPDR fund. It also offers a higher payout, yielding 1.70% compared to XBI’s 0.30%. Performance & risk comparison Metric XBI VHT Max drawdown (5 yr) (54.70%) (17.70%) Growth of $1,000 over five years (total return) $1,027 $1,231 What's inside The Vanguard Health Care ETF provides exposure to 411 holdings across the healthcare sector, including providers, equipment manufacturers, and technology companies. Passively managed, it uses a full-replication or sampling strategy to track its benchmark. Its largest positions include Eli Lilly (LLY +1.94%) at 12.12%, Johnson & Johnson (JNJ +0.49%) at 8.81%, and AbbVie (ABBV +1.07%) at 6.03%. Launched in 2004, the fund has paid $4.70 per share over the trailing 12 months. It provides a diversified way to own large-cap leaders in pharmaceuticals and healthcare services. In contrast, the State Street SPDR S&P Biotech ETF focuses specifically on the bi...
Key Points NextEra Energy and Chevron are two global leaders in renewable energy and oil and gas. NextEra's merger with Dominion Energy will create a massive utility with data center exposure. Chevron's future looks very bright after closing its contested acquisition of Hess Corporation. 10 stocks we like better than NextEra Energy › Size is a competitive advantage in the energy industry, where la...
Key Points NextEra Energy and Chevron are two global leaders in renewable energy and oil and gas. NextEra's merger with Dominion Energy will create a massive utility with data center exposure. Chevron's future looks very bright after closing its contested acquisition of Hess Corporation. 10 stocks we like better than NextEra Energy › Size is a competitive advantage in the energy industry, where larger assets and balance sheets can provide stability, greater borrowing flexibility, and help spread operating expenses. Over time, investors have seen industry titans continue to grow, often by acquiring smaller competitors. Two prime examples are NextEra Energy (NYSE: NEE) and Chevron (NYSE: CVX). The former recently announced a blockbuster deal that will transform its outlook, while the latter is looking forward after finalizing a deal last summer that will help it boost cash flow for years to come. 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 » Here are the specifics on each, and why both are monster energy stocks worth buying and holding for the next 10 years. 1. NextEra Energy Even before this deal, NextEra Energy was already one of the world's largest energy companies. It owns Florida Power & Light Company, a utility serving approximately 12 million people across Florida. It also owns NextEra Energy Resources, an energy infrastructure company that operates power generation and storage assets across natural gas, nuclear, and renewable energy. NextEra Energy is among the world's largest producers of wind and solar power with 28 gigawatts of capacity. The proposed $67 billion all-stock merger with Dominion Energy would create an energy and utility juggernaut. Dominion generates power from coal, nuclear, natural gas, and renewables. It also operates utilities that provide electric service to 3.6 milli...
gorodenkoff/iStock via Getty Images Introduction In my view, the market still misunderstands the transformation of Advanced Micro Devices ( AMD ). Investors perceive AMD as a secondary GPU player relative to Nvidia ( NVDA ) while the AI infrastructure industry has entered an evolution path that increasingly favors AMD's product positioning. Agentic AI systems will drive a tremendous increase in ac...
gorodenkoff/iStock via Getty Images Introduction In my view, the market still misunderstands the transformation of Advanced Micro Devices ( AMD ). Investors perceive AMD as a secondary GPU player relative to Nvidia ( NVDA ) while the AI infrastructure industry has entered an evolution path that increasingly favors AMD's product positioning. Agentic AI systems will drive a tremendous increase in acceleration computing demand alongside substantial growth in orchestration-focused CPU computation. Such an environment favors AMD due to the unique dual-stack exposure to both CPU and GPU infrastructures. Starting with Q1 2026, I believe, the stock is unlikely to follow the semiconductor cycle as it is evolving into a core AI infrastructure platform. AMD's Entire Narrative Just Changed Most investors perceived AMD as the "secondary GPU player" during the whole AI cycle. In my opinion, however, this assumption has recently become invalid. What changed after Q1 2026 was not just revenue growth or another strong earnings beat. It was a fundamental transformation of the overall AI infrastructure architecture that increasingly plays into AMD's favor. To start with, AI should now be seen as not only a GPU story. The advent of agentic AI increases the need for additional CPUs to support the orchestration of inference , memory movement, context routing, and parallel computation. Those demands were not properly estimated by the market two years ago, while AMD finds itself in the position where it owns both CPU and GPU architectures. As I mentioned above, Q1 2026 became the proof. Revenue from the Data Center increased 57% y/y to $5.8 billion. Most importantly, AMD raised its long-term estimate for the size of the TAM of the server CPU market from roughly $60 billion in 2030 to more than $120 billion by 2030 , a big change. Companies do not revise such estimates casually without the material change in customer demands. Q1 Earnings 2026 In my opinion, however, the Street has not fully...
gorodenkoff/iStock via Getty Images Introduction In my view, the market still misunderstands the transformation of Advanced Micro Devices ( AMD ). Investors perceive AMD as a secondary GPU player relative to Nvidia ( NVDA ) while the AI infrastructure industry has entered an evolution path that increasingly favors AMD's product positioning. Agentic AI systems will drive a tremendous increase in ac...
gorodenkoff/iStock via Getty Images Introduction In my view, the market still misunderstands the transformation of Advanced Micro Devices ( AMD ). Investors perceive AMD as a secondary GPU player relative to Nvidia ( NVDA ) while the AI infrastructure industry has entered an evolution path that increasingly favors AMD's product positioning. Agentic AI systems will drive a tremendous increase in acceleration computing demand alongside substantial growth in orchestration-focused CPU computation. Such an environment favors AMD due to the unique dual-stack exposure to both CPU and GPU infrastructures. Starting with Q1 2026, I believe, the stock is unlikely to follow the semiconductor cycle as it is evolving into a core AI infrastructure platform. AMD's Entire Narrative Just Changed Most investors perceived AMD as the "secondary GPU player" during the whole AI cycle. In my opinion, however, this assumption has recently become invalid. What changed after Q1 2026 was not just revenue growth or another strong earnings beat. It was a fundamental transformation of the overall AI infrastructure architecture that increasingly plays into AMD's favor. To start with, AI should now be seen as not only a GPU story. The advent of agentic AI increases the need for additional CPUs to support the orchestration of inference , memory movement, context routing, and parallel computation. Those demands were not properly estimated by the market two years ago, while AMD finds itself in the position where it owns both CPU and GPU architectures. As I mentioned above, Q1 2026 became the proof. Revenue from the Data Center increased 57% y/y to $5.8 billion. Most importantly, AMD raised its long-term estimate for the size of the TAM of the server CPU market from roughly $60 billion in 2030 to more than $120 billion by 2030 , a big change. Companies do not revise such estimates casually without the material change in customer demands. Q1 Earnings 2026 In my opinion, however, the Street has not fully...
Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as equal weight Morgan Stanley said its survey checks show Tesla is expanding robotaxi operations. "Our Alphawise data shows increased hiring in northern metro areas for 'AI Safety Operators' - a sign that Tesla is gearing up to expand robotaxi operations." Citizens initiates National Health Properties as market outp...
Here are Thursday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as equal weight Morgan Stanley said its survey checks show Tesla is expanding robotaxi operations. "Our Alphawise data shows increased hiring in northern metro areas for 'AI Safety Operators' - a sign that Tesla is gearing up to expand robotaxi operations." Citizens initiates National Health Properties as market outperform Citizens said it's bullish on the senior living real estate investment trust. " NHP is executing a strategy consistent with peers by increasing its SHOP [Senior Housing Operating Properties] exposure to enhance organic growth and support valuation multiple expansion." Bernstein reiterates Nvidia as outperform Bernstein said Nvidia remains well positioned. "The datacenter opportunity is enormous, and still early, with material upside still possible." Wolfe reiterates Meta as outperform The firm said it's bullish on Meta's subscription services . "We are incrementally positive, and we're revising our subscription revenue and OI ests to $16B and $13B by 2030." Oppenheimer upgrades Quanta Services to outperform from perform Oppenheimer said the company is uniquely positioned. "We are transferring coverage of Quanta Services (PWR) from Kansas City Capital, upgrading to an Outperform from Perform and instituting an $800 price target, which reflects 35x and 30x our 2026-27E adjusted EBITDA, respectively." Wells Fargo upgrades LyondellBasell to Overweight from equal weight Wells said the chemical company has momentum. "Upgrade LYB t o OW as Commodities Still Seem Positioned to Benefit, Inflation Concerns Loom Downstream, Demand Destruction." Jefferies upgrade Dominion to buy from hold Jefferies said it's bullish on the company's merger with NextEra Energy. "Why now? Following the NextEra Energy (NEE) acquisition, we upgrade Dominion t o Buy. This is not simply a merger/arbitrage view that the spread is 'too wide'. We see positive upside skew to NEE towards a ~teens (14%) P/E...