Monica Schipper IMAX Corp. ( IMAX ) surged 15% on Friday after the WSJ reported on Thursday that the large-screen theater company is exploring a sale and has approached entertainment firms as possible bidders. The most likely buyers for IMAX include Apple ( AAPL ), Sony ( SONY ), and Netflix ( NFLX ), Wedbush analyst Michael Piccolo wrote in a note on Friday. "The most logical buyers are AAPL, SON...
Monica Schipper IMAX Corp. ( IMAX ) surged 15% on Friday after the WSJ reported on Thursday that the large-screen theater company is exploring a sale and has approached entertainment firms as possible bidders. The most likely buyers for IMAX include Apple ( AAPL ), Sony ( SONY ), and Netflix ( NFLX ), Wedbush analyst Michael Piccolo wrote in a note on Friday. "The most logical buyers are AAPL, SONY, NFLX, or PE firms who can preserve neutrality; and would note a studio acquisition would invite antitrust scrutiny and risk alienating rival distributors," Piccolo wrote. Piccolo expects IMAX shares to establish a new floor in the high $30s to low $40s as traders model potential bid levels. "The ~$1.85B market cap makes IMAX a digestible acquisition for any major studio or private equity, but the central tension is whether a studio buyer would maintain IMAX's vendor-neutral model or favor its own content, which would erode the platform's value to competitors," Piccolo added. More on IMAX IMAX Corporation (IMAX) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript IMAX Corporation 2026 Q1 - Results - Earnings Call Presentation IMAX Corporation (IMAX) Q1 2026 Earnings Call Transcript Star Wars' return and busy June slate could extend box office hot streak IMAX jumps on report it's exploring a sale
Justin Sullivan/Getty Images News The US FDA has approved Gilead Sciences' Hepcludex (bulevirtide), the first-ever therapy for chronic hepatitis delta virus (" HDV" ) infection. Approval was based on results from a phase 3 trial that showed combined response was significantly better in those given Hepcludex treatment vs. those given delayed treatment. HDV infection can only occur in individuals wi...
Justin Sullivan/Getty Images News The US FDA has approved Gilead Sciences' Hepcludex (bulevirtide), the first-ever therapy for chronic hepatitis delta virus (" HDV" ) infection. Approval was based on results from a phase 3 trial that showed combined response was significantly better in those given Hepcludex treatment vs. those given delayed treatment. HDV infection can only occur in individuals with hepatitis B virus. Hepcludex received Breakthrough Therapy and Orphan Drug designations. The treatment was approved in the European Union in 2020 and in Canada in 2025. More on Gilead Sciences Why Gilead Sciences Is Now A Hold (Rating Upgrade) Gilead Sciences, Inc. (GILD) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript Gilead's Transition Into A Long-Duration Biotech Platform AbbVie, Merck, Astra among winners of EU drug recommendations this week FDA leadership fallout continues as acting CDER Director Hoeg departs
MANASSAS, Virginia, May 22 (Reuters) - U.S. Trade Representative Jamieson Greer said on Friday that there were no imminent U.S. tariffs expected to be imposed on semiconductors but that it was important to protect the sector with duties to facilitate reshoring of chip production. Greer, speaking at a Micron Technology memory chip plant expansion project in the Washington, DC suburbs, said th...
MANASSAS, Virginia, May 22 (Reuters) - U.S. Trade Representative Jamieson Greer said on Friday that there were no imminent U.S. tariffs expected to be imposed on semiconductors but that it was important to protect the sector with duties to facilitate reshoring of chip production. Greer, speaking at a Micron Technology memory chip plant expansion project in the Washington, DC suburbs, said that any tariffs USTR's long-awaited Section 232 national security investigation aimed at protecting the U.S. semiconductor sector needed to be properly sequenced to promote U.S. output. "So, having tariffs on semiconductors is really important. What's even more important than having protection for facilities like this, is making sure we do it on the right timing and in the right amount," Greer said. "There was not an immediate tariff coming," he said. (Reporting by David Shepardson, writing by David Lawder, Editing by Franklin Paul)
Roberto Schmidt/Getty Images News The Fed Has A New Chair Kevin Warsh was sworn in as the 17 th Chairman of the Federal Reserve today. For the first time in almost 40 years, the ceremony took place at the White House. In another break with recent tradition, President Trump introduced Warsh, reflecting how important he views the appointment. Supreme Court Justice Clarence Thomas swore Warsh into of...
Roberto Schmidt/Getty Images News The Fed Has A New Chair Kevin Warsh was sworn in as the 17 th Chairman of the Federal Reserve today. For the first time in almost 40 years, the ceremony took place at the White House. In another break with recent tradition, President Trump introduced Warsh, reflecting how important he views the appointment. Supreme Court Justice Clarence Thomas swore Warsh into office. This will be Warsh’s second stint on the Federal Reserve Board, as he previously served as a Fed Governor from 2006-2011. At the time, the 35-year-old Warsh was the youngest person ever to be appointed to the Fed Board, a record which still stands. His new position, now as a 56-year-old, is his first term as Fed Chair. Big Expectations For Warsh Chair Warsh steps into the role with very high expectations. President Trump has made no secret of his displeasure with departing Fed Chair Jerome Powell, who he also appointed in 2018. Three days after President Trump’s second inauguration in January 2025, he made a virtual presentation before the World Economic Forum in Davos, Switzerland, where he demanded that interest rates drop immediately. When the Fed held their first FOMC meeting of the year a week later, and, based on the data, decided to hold interest rates steady, the president immediately attacked Chair Powell. Over the ensuing 16 months President Trump exerted tremendous pressure on Powell because he was frustrated that rates were not coming down fast enough. The president tried name calling, threats to fire him, and the Department of Justice even launched a criminal investigation into the Fed, because he wanted interest rates lower and the data dependent Powell was not acceding to the president’s desires. President Trump has repeatedly stated that the United States should have the lowest interest rates of any country in the world, and he blamed Powell for not cutting them fast enough. As Powell’s term was coming to a close, President Trump sought a new replaceme...
Key Points The healthcare giant announced a generative AI chatbot in March. It is using 1,000-plus AI tools across its various health units. The stock is up 53% over the past two months. 10 stocks we like better than UnitedHealth Group › After a very difficult 2025, UnitedHealth Group (NYSE: UNH) has rebounded sharply in 2026, and artificial intelligence (AI) is a contributing factor to its recove...
Key Points The healthcare giant announced a generative AI chatbot in March. It is using 1,000-plus AI tools across its various health units. The stock is up 53% over the past two months. 10 stocks we like better than UnitedHealth Group › After a very difficult 2025, UnitedHealth Group (NYSE: UNH) has rebounded sharply in 2026, and artificial intelligence (AI) is a contributing factor to its recovery. Health insurance is an increasingly complex business that requires processing reams of data on benefits and claims, cost estimates, care and provider options, prescriptions, and wellness plans, among other things. And UnitedHealth is the largest U.S. health insurer by enrollment, with about 45 million members. It's also the largest Medicare Advantage provider in the U.S. -- it dominates Medicare Advantage coverage in 41% of the 3,200 counties in the U.S. 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 » That extensive level of coverage means there's a lot of data to process. That suggests the health insurance industry is a great sector for AI. In March, UnitedHealth introduced a generative AI chatbot called Avery that coordinates the healthcare experience for members and learns from their interactions. Avery can explain benefits and claims status to members and deliver cost estimates for care. It can find providers, schedule appointments, and help with ID cards and drug benefits. The chatbot is already live for 6.5 million members with UnitedHealthcare (the company's insurance unit) employer-sponsored plans, and another 160,000 members with UnitedHealthcare Medicare Advantage plans. The company says Avery will be expanded to serve more than 20 million members by the end of this year. Avery is one of more than 1,000 AI applications in use across the company's insurance, health delivery, and pharmacy unit...
Iran Says 35 Ships Exited Strait Of Hormuz As Rubio Condemns Tolls The US blockade of the Iranian blockade is looking increasingly more porous. Iran said 35 ships passed through the Strait of Hormuz in the past 24 hours in coordination with the Islamic Revolutionary Guard Corps, the Iranian state broadcaster reported on Friday. The navy had already reported on Wednesday that 26 ships had passed th...
Iran Says 35 Ships Exited Strait Of Hormuz As Rubio Condemns Tolls The US blockade of the Iranian blockade is looking increasingly more porous. Iran said 35 ships passed through the Strait of Hormuz in the past 24 hours in coordination with the Islamic Revolutionary Guard Corps, the Iranian state broadcaster reported on Friday. The navy had already reported on Wednesday that 26 ships had passed through the strait within 24 hours. On Friday, the data provider Kpler confirmed only 10 passages on Wednesday. This represented an increase from the four passages recorded the previous day. Strait of Hormuz | Vessel Crossings Confirmed Strait of Hormuz transits rose to 10 on 20 May from four the previous day, while the IRGC Navy stated that 26 vessels were underway following coordination and approval procedures with Iranian authorities. Most movements involved… pic.twitter.com/xivkr61r14 — Kpler (@Kpler) May 22, 2026 The armed forces said the vessels included oil tankers, cargo ships and other merchant ships. Tehran has repeatedly stressed that the Strait of Hormuz is not blocked. In practice, however, shipping companies must coordinate with Iranian contact points and are then only allowed to pass through a corridor near the Iranian coast. Then they have to also obtain permission to cross the US blockade located further out in the Arabian Gulf. Iran's leadership charges high fees (paid in bitcoin) for this. International law experts said such fees violate the right of transit. US Secretary of State Marco Rubio, in Sweden for a NATO foreign ministers meeting, condemned Iran's attempts at creating a tolling system for the strait. "I don't know of a country in the world that's in favor of it except Iran, but there's no country in the world that should accept it," he said. Rubio confirmed a previous report from Bloomberg, saying Iran was trying to convince Oman to join the tolling system "in an international waterway." He said there is a UN resolution sponsored by Bahrain and "t...
Robert Frank’s CNBC segment on May 22, 2026, titled Elon Musk’s trillionaire march: Here’s what to know, laid out the arithmetic of how the SpaceX IPO could push Musk past a threshold no human has ever crossed. “Elon Musk is worth right now around $800 billion,” Frank said. “The SpaceX IPO likely to put him ... SpaceX IPO Could Make Elon Musk World’s First Trillionaire, Eclipsing Rockefeller’s Wea...
Robert Frank’s CNBC segment on May 22, 2026, titled Elon Musk’s trillionaire march: Here’s what to know, laid out the arithmetic of how the SpaceX IPO could push Musk past a threshold no human has ever crossed. “Elon Musk is worth right now around $800 billion,” Frank said. “The SpaceX IPO likely to put him ... SpaceX IPO Could Make Elon Musk World’s First Trillionaire, Eclipsing Rockefeller’s Wealth Share
The post Ask An Advisor: I Have $2M In Retirement Accounts. How Can I Make Sure Taxes Don’t Deplete My Savings? by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Sponsored content by FinanceAdvisors.com | This is a paid advertisement. See full disclosure below. I’m Paul Mazzapica, co-founder of FinanceAdvisors . This question keeps growing. I...
The post Ask An Advisor: I Have $2M In Retirement Accounts. How Can I Make Sure Taxes Don’t Deplete My Savings? by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Sponsored content by FinanceAdvisors.com | This is a paid advertisement. See full disclosure below. I’m Paul Mazzapica, co-founder of FinanceAdvisors . This question keeps growing. It comes from a very specific kind of person, and it might be the most important transition in all of retirement planning. Here’s a representative version, and the framework retirement income advisors use to answer it. “I’m 62 and plan to retire at 65. My wife is 61. We have about $2 million across Vanguard and Fidelity accounts. IRAs, a Roth and a taxable brokerage. My main concern right now is taxes. Our goal has always been to enjoy retirement, but we’re concerned taxes may deplete our savings and force us to pick up part-time work to cover our expenses. Can an advisor help us come up with a tax-efficient plan for retirement?” Taxes Can Be Scary – They Don’t Have To Be, Even In Retirement There’s a reason this is one of the most common questions we get. You’ve spent your entire life building a respectable nest egg, and you deserve to reap those rewards without having to worry about potentially rejoining the workforce. The good news is there are still plenty of things you can do, along with the help of a trusted advisor, to soften your annual tax bill and make sure most of your money stays with you and not the IRS. Here are five tax-saving strategies our advisors recommend for people with $1 million in their retirement accounts. 1. Make Sure Your Assets Are In the Right Account Types Not every retirement account type is created equally, and from a tax perspective, it truly matters where your investments are held. For example, every dollar withdrawn from a traditional IRA is taxed as ordinary income. A Roth, on the other hand, gives you tax-free gains, while income-generati...
PM Images/DigitalVision via Getty Images I had written about the Defiance Quantum ETF ( QTUM ) in July last year and found it a Buy candidate - the ETF is up by ~60% since, helped by a broader rally of ~20% in the S&P 500, but delivering the expected alpha as well. That Buy call in July 2025 was not a clean call on QTUM as a proxy for quantum technology alone. I had highlighted how the quantum tec...
PM Images/DigitalVision via Getty Images I had written about the Defiance Quantum ETF ( QTUM ) in July last year and found it a Buy candidate - the ETF is up by ~60% since, helped by a broader rally of ~20% in the S&P 500, but delivering the expected alpha as well. That Buy call in July 2025 was not a clean call on QTUM as a proxy for quantum technology alone. I had highlighted how the quantum tech exposure is only limited to 10-15% of the portfolio at best and how QTUM offered a positioning as a tech ETF with embedded quantum optionality in reality. Some of the core advantages in the QTUM offering still remain true today. A consolidated portfolio-level bet solves the problem of winner uncertainty in early stage tech (even if it were a purer portfolio comprising quantum stocks alone). The cushion of non-quantum stocks, especially with material exposure to AI, semiconductors, and cloud infrastructure, also allows investors to loosely stay committed to a long-duration, cash-burning, and sentiment-driven business by monetizing current tech trends while quantum commercialization works out. And while most of the adjacent stocks appear too little correlated to the quantum theme today, some of the semis and infrastructure holdings are indeed poised to benefit from the quantum wave eventually - important for long-term holders playing the quantum theme. Of course, QTUM is not a direct way to express quantum tech exposure at the moment (even when weights of direct quantum stocks added up to double digits). On the upside, if quantum stocks rally by even 10x, QTUM will not explode (less than doubles). So the role of QTUM in larger portfolios depends on the time horizon. For long-term investors, this is the most passive way to remain exposed to quant tech. For medium- or short-term investors, the actual holdings and exposure to semis and AI infrastructure could be a unique tech allocation with a thesis of its own too - less impacted by quantum evolution right away, but a thesis ...
Shares of Zoom jumped after the company raised its full-year forecast for both adjusted earnings and revenue, prompting an upgrade at KeyBanc and higher price targets at both RBC and Baird. Zoom CFO Michelle Chang joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Shares of Zoom jumped after the company raised its full-year forecast for both adjusted earnings and revenue, prompting an upgrade at KeyBanc and higher price targets at both RBC and Baird. Zoom CFO Michelle Chang joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
The market is entering a new era and a new debate around artificial intelligence (AI) infrastructure. After two years of relentless capacity additions and money being thrown at AI, some analysts are warning about a potential oversupply of data center power and cooling capacity, especially in the back half of 2026 and into 2027. That worry has weighed on the share prices of the pick-and-shovel name...
The market is entering a new era and a new debate around artificial intelligence (AI) infrastructure. After two years of relentless capacity additions and money being thrown at AI, some analysts are warning about a potential oversupply of data center power and cooling capacity, especially in the back half of 2026 and into 2027. That worry has weighed on the share prices of the pick-and-shovel names that benefited most from the ongoing data center build-out. The stock for Vertiv (VRT +1.81%), one of the clearest leaders in liquid cooling and critical power for AI data centers, is now trading well below its highs even as the underlying order book remains strong. Vertiv sells the equipment that keeps a data center running -- uninterruptible power systems, switchgear, busways, racks, and, increasingly, liquid-cooling distribution units and coolant distribution manifolds that AI clusters need because GPUs generate more heat than air cooling can remove at scale. The company's product set covers both the brownfield retrofit market (existing data centers being upgraded for AI workloads) and the greenfield AI build-outs. The most recent reporting cycle pointed to a backlog of roughly $15 billion, supported by accelerating order trends and liquid cooling becoming a meaningful share of new AI deployments. The next earnings update is due in late July 2026. Expand NYSE : VRT Vertiv Today's Change ( 1.81 %) $ 5.85 Current Price $ 329.25 Key Data Points Market Cap $124B Day's Range $ 324.05 - $ 334.75 52wk Range $ 101.00 - $ 379.94 Volume 136.8K Avg Vol 7.6M Gross Margin 35.00 % Dividend Yield 0.06 % Why the oversupply debate exists The bear case for Vertiv rests on two ideas. The first is that hyperscaler capital spending growth, which has been running well above 30% annually, must eventually slow. Combined 2026 capital expenditures (capex) from Alphabet, Amazon, Meta Platforms, and Microsoft are on track to exceed $700 billion versus roughly $410 billion last year. The argument ...
There is an old saying in investing that a portfolio is like a bar of soap: the more you touch it, the smaller it gets. Every time you constantly tweak allocations, chase hot sectors, or jump between funds, there is friction involved. Sometimes it comes in the form of short-term capital gains taxes. Other times ... A Million-Dollar Portfolio. Two Vanguard Funds. About $2,400 a Month, If You Can Re...
There is an old saying in investing that a portfolio is like a bar of soap: the more you touch it, the smaller it gets. Every time you constantly tweak allocations, chase hot sectors, or jump between funds, there is friction involved. Sometimes it comes in the form of short-term capital gains taxes. Other times ... A Million-Dollar Portfolio. Two Vanguard Funds. About $2,400 a Month, If You Can Resist the Urge to Tinker.
Kimi Antonelli led George Russell to a Mercedes one-two in a practice session at the Canadian Grand Prix interrupted after Alex Albon's Williams collided with a groundhog. Albon crashed heavily when he was unable to avoid the animal on the exit of Turn Seven. The British-born Thai slid down the barriers for some distance on the straight that follows the corner, causing heavy damage to his car. The...
Kimi Antonelli led George Russell to a Mercedes one-two in a practice session at the Canadian Grand Prix interrupted after Alex Albon's Williams collided with a groundhog. Albon crashed heavily when he was unable to avoid the animal on the exit of Turn Seven. The British-born Thai slid down the barriers for some distance on the straight that follows the corner, causing heavy damage to his car. The red flag caused by the incident was one of three, the first when Racing Bulls' Liam Lawson stopped on track with a loss of steering, the final one when Esteban Ocon crashed his Haas after spinning on the exit of Turn Four. Antonelli, who leads Russell by 20 points after three wins in the first four races, was 0.142 seconds quicker than his team-mate. Russell needed two attempts to get that close to the Italian, before spinning and lightly tapping the wall - with no damage to his car - at the start of a third effort. A major upgrade package to the Mercedes for this race appeared to have had a significant effect, as Lewis Hamilton, third fastest in the Ferrari, was 0.774secs off the pace. The seven-time champion headed team-mate Charles Leclerc in fourth place by 0.179secs. Red Bull's Max Verstappen was fifth fastest, 0.964secs off the pace, and ahead of both McLarens, world champion Lando Norris leading Oscar Piastri. McLaren have the second part of two upgrade packages which the team have spread over this race and the last one in Miami, where Norris became the first driver to beat a Mercedes in qualifying or race when he won the sprint race from pole. This weekend is also a sprint, and qualifying for the shorter race, held on Saturday before grand prix qualifying, is at 21:30 BST (16:30 local time) on Friday. Racing Bulls' British rookie Arvid Lindblad was eighth fastest, ahead of Audi's Nico Hulkenberg and the Aston Martin of Fernando Alonso, in the top 10 for the first time this season in any session. The veteran two-time champion ran an offset tyre strategy, using softs...
The U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) is a niche thematic fund tracking marine shipping, air freight and courier, and port and harbor operating companies across the globe. Income investors who own SEA do so for one reason: the trailing yield, which TradingView pegged at 5.6%. But anyone counting on that payout needs ... The hidden risk behind SEA’s attractive dividend that cost inves...
The U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) is a niche thematic fund tracking marine shipping, air freight and courier, and port and harbor operating companies across the globe. Income investors who own SEA do so for one reason: the trailing yield, which TradingView pegged at 5.6%. But anyone counting on that payout needs ... The hidden risk behind SEA’s attractive dividend that cost investors 20% in 2025