Nathalie Morrison, Astrea London Founder joins Bloomberg Businessweek Daily to discuss the growing trend on lab grown diamonds, the intersection of sustainability, innovation, and the future of the diamond industry. (Source: Bloomberg)
Nathalie Morrison, Astrea London Founder joins Bloomberg Businessweek Daily to discuss the growing trend on lab grown diamonds, the intersection of sustainability, innovation, and the future of the diamond industry. (Source: Bloomberg)
Key Points Ophir Asset Management initiated a new position by acquiring 1,616,518 shares of EZCORP last quarter. The quarter-end value of the position increased by $41.03 million, reflecting both the new shares and price movement during the period. This transaction represented a 4.5% change in 13F reportable assets under management (AUM). 10 stocks we like better than Ezcorp › On May 15, 2026, Oph...
Key Points Ophir Asset Management initiated a new position by acquiring 1,616,518 shares of EZCORP last quarter. The quarter-end value of the position increased by $41.03 million, reflecting both the new shares and price movement during the period. This transaction represented a 4.5% change in 13F reportable assets under management (AUM). 10 stocks we like better than Ezcorp › On May 15, 2026, Ophir Asset Management Pty Ltd disclosed a new position in EZCORP (NASDAQ:EZPW), acquiring 1,616,518 shares in a transaction estimated at $38.75 million based on quarterly average pricing. What happened According to an SEC filing dated May 15, 2026, Ophir Asset Management Pty Ltd reported the purchase of 1,616,518 shares of EZCORP, marking the initiation of a new position. The estimated value of the purchase was $38.75 million, calculated using the average closing price for the first quarter. The quarter-end value of the stake was $41.03 million, reflecting both the share acquisition and price appreciation. What else to know This is a new position, now accounting for nearly 5% of the fund’s 13F reportable AUM. Top holdings after the filing: NYSE: AIR: $59.11 million (6.9% of AUM) NYSE: VVX: $58.03 million (6.8% of AUM) NASDAQ: MRX: $55.57 million (6.5% of AUM) NYSE: SXI: $50.21 million (5.8% of AUM) NASDAQ: EZPW: $41.03 million (4.8% of AUM) As of May 14, 2026, EZPW shares were priced at $32.78, up 135% over the past year and well outperforming the S&P 500, which is up about 25% in the same period. Company overview Metric Value Price (as of market close May 14, 2026) $32.78 Market capitalization $2 billion Revenue (TTM) $1.48 billion Net income (TTM) $146.61 million Company snapshot EZCORP offers pawn loans collateralized by personal property, and sells forfeited and pre-owned merchandise, including jewelry, electronics, and tools. The firm generates revenue primarily from pawn lending operations and merchandise sales, with digital platforms (Lana and EZ+) supporting customer ...
WIth Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) set to report first-quarter results after the close on Wednesday, Bank of America analysts have identified five areas likely to drive investor focus. Analysts have zeroed in on enhanced cash returns, the timing of the Vera Rubin architecture ramp in...
WIth Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) set to report first-quarter results after the close on Wednesday, Bank of America analysts have identified five areas likely to drive investor focus. Analysts have zeroed in on enhanced cash returns, the timing of the Vera Rubin architecture ramp in...
May 19 (Reuters) - Alphabet's AI research subsidiary, Google DeepMind, has finalized a deal to recruit more than 20 researchers from AI startup Contextual AI and license its technology, Bloomberg News reported on Tuesday, citing people familiar with the matter. DeepMind has agreed to pay about $100 million to Contextual as part of the agreement, while Contextual's co-founder and CEO Douwe Kiela...
May 19 (Reuters) - Alphabet's AI research subsidiary, Google DeepMind, has finalized a deal to recruit more than 20 researchers from AI startup Contextual AI and license its technology, Bloomberg News reported on Tuesday, citing people familiar with the matter. DeepMind has agreed to pay about $100 million to Contextual as part of the agreement, while Contextual's co-founder and CEO Douwe Kiela is among those joining DeepMind, according to the report. Google and Contextual did not immediately respond to Reuters' requests for comment. The potential agreement is the latest move by the Google parent to strike a licensing deal to acquire talent. Last year, it paid $2.4 billion in license fees as part of a deal to use some of AI code generation startup Windsurf's technology under non-exclusive terms and hire several key staff. In 2024, Google signed a licensing deal with Character.AI that granted the search engine giant a non-exclusive license to the chatbot maker's large language model technology. Acquihires, where major tech companies pay large sums to secure the talent and technology of promising startups without formally acquiring them, are increasingly being viewed by antitrust regulators as an attempt to evade merger rules. Unlike acquisitions that would give the buyer a controlling stake, these deals do not require a review by U.S. antitrust regulators. In December, Nvidia also agreed to license chip technology from Groq and hire its CEO, without buying the startup. Companies' efforts to sidestep U.S. antitrust scrutiny through tactics such as acquihires are a "red flag," Acting Assistant Attorney General Omeed Assefi told Reuters in March. Contextual AI raised $80 million in a Series A funding round in 2024, led by venture capital firm Greycroft and existing investors, including Bain Capital Ventures and Lightspeed. (Reporting by Juby Babu in Mexico City; Editing by Shilpi Majumdar)
00:00 Speaker A Our new platform, Alpha Space is officially live on the Yahoo Finance website providing investors with new tools for analysis. For example, let's take a look at Apple here. Um, we can do this a couple different ways. Uh we can look at the stock chart, for example. There you go. You can see the move here over the past year. We're up about actually 40%. Uh you can even look at uh fro...
00:00 Speaker A Our new platform, Alpha Space is officially live on the Yahoo Finance website providing investors with new tools for analysis. For example, let's take a look at Apple here. Um, we can do this a couple different ways. Uh we can look at the stock chart, for example. There you go. You can see the move here over the past year. We're up about actually 40%. Uh you can even look at uh from the, let's say the March 30 low, right? That's a nice move too. We're up about 20%. 00:23 Speaker A Uh I can also look at a few other uh tabs here. We can check on the news for Apple. Again Reuters, uh got Fast Company, all the news and headlines that's that's fit to fit to print there for for various Apple reports throughout the day. I can also get uh fundamental analysis. Let's check that out. including, there you go, bunch of valuation metrics. For example, down here, look at well, there's our trailing PE for Apple, 36. 00:43 Speaker A And I can use Scout. Now that is our integrated AI tool here. I can ask Scout, what is the 10-year trailing average, right? For Apple, Apple's PE, right? And we can ask Scout to go hunt that get that down for us because of course we need some framework, we need some context to put these valuation metrics in some type of context for us. So Scout will get after that. 01:04 Speaker A And there you go. Scout tells me it's about 24. So we are a bit elevated here, but of course, valuation we know is in the eyes of the beholder. Most on the street don't have a problem with that valuation uh by the way. About 65% of analysts uh say Apple is actually a buy at these levels. And of course, Apple investors, developers, fans, all eyes on a next big event for Apple. That's coming up June 8th, WWDC. That's Apple's big software show. 01:29 Speaker A Apple fans will be listening very closely for Tim Cook to take the stage and provide any and all software updates for that iPhone maker. And if you're interested in trying Alpha Space, scan the QR code on yo...
00:00 Speaker A Our new platform, Alpha Space is officially live on the Yahoo Finance website providing investors with new tools for analysis. For example, let's take a look at Apple here. Um, we can do this a couple different ways. Uh we can look at the stock chart, for example. There you go. You can see the move here over the past year. We're up about actually 40%. Uh you can even look at uh fro...
00:00 Speaker A Our new platform, Alpha Space is officially live on the Yahoo Finance website providing investors with new tools for analysis. For example, let's take a look at Apple here. Um, we can do this a couple different ways. Uh we can look at the stock chart, for example. There you go. You can see the move here over the past year. We're up about actually 40%. Uh you can even look at uh from the, let's say the March 30 low, right? That's a nice move too. We're up about 20%. 00:23 Speaker A Uh I can also look at a few other uh tabs here. We can check on the news for Apple. Again Reuters, uh got Fast Company, all the news and headlines that's that's fit to fit to print there for for various Apple reports throughout the day. I can also get uh fundamental analysis. Let's check that out. including, there you go, bunch of valuation metrics. For example, down here, look at well, there's our trailing PE for Apple, 36. 00:43 Speaker A And I can use Scout. Now that is our integrated AI tool here. I can ask Scout, what is the 10-year trailing average, right? For Apple, Apple's PE, right? And we can ask Scout to go hunt that get that down for us because of course we need some framework, we need some context to put these valuation metrics in some type of context for us. So Scout will get after that. 01:04 Speaker A And there you go. Scout tells me it's about 24. So we are a bit elevated here, but of course, valuation we know is in the eyes of the beholder. Most on the street don't have a problem with that valuation uh by the way. About 65% of analysts uh say Apple is actually a buy at these levels. And of course, Apple investors, developers, fans, all eyes on a next big event for Apple. That's coming up June 8th, WWDC. That's Apple's big software show. 01:29 Speaker A Apple fans will be listening very closely for Tim Cook to take the stage and provide any and all software updates for that iPhone maker. And if you're interested in trying Alpha Space, scan the QR code on yo...
Tom Werner Meta Platforms ( META ) has offered rival AI chatbots from makers such as OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) limited free access to WhatsApp, Reuters reported. The rival AI chatbots will be charged with a fee if they hit a limit on messages sent to users, the news outlet added , citing sources familiar with the matter. Additionally, the offer does not yet address competition con...
Tom Werner Meta Platforms ( META ) has offered rival AI chatbots from makers such as OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) limited free access to WhatsApp, Reuters reported. The rival AI chatbots will be charged with a fee if they hit a limit on messages sent to users, the news outlet added , citing sources familiar with the matter. Additionally, the offer does not yet address competition concerns from various government agencies. Meta did not immediately respond to a request for comment from Seeking Alpha. Earlier this month, Meta Platforms said it would temporarily give the rival AI chatbots free access to WhatsApp during talks with E.U. antitrust regulators. This was done in an attempt to preempt interim measures that may have compelled the company to open the platform to competitors. The European Commission is currently conducting an investigation into the tech company to determine if Meta violated the Digital Services Act by limiting third-party AI chatbots access to WhatsApp. The investigation was focused on a 2025 policy update that created a closed ecosystem for AI on the app, making it difficult for rivals like OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) to offer competing services. Meta ( META ) subsequently opened the site to competitors for a fee between 5 cents and 13 cents per message, which triggered a second charge sheet from the Commission for “vexatious” pricing. More on Meta Meta's Selloff Looks Like A Major Misread Meta: Still A Mag 7 Bargain Why We Like Meta More Today Than When We First Bought It In 2018 Meta will conduct May 20 layoffs in batches, announce organizational changes Third Point Q1 top holdings & exit check: Quant Ratings on AMZN, TDS, CRH, TSM
Memorial Day Gas Demand Surge Collides With Hormuz Shock As $5 Demand-Destruction Line Nears Drivers heading into Memorial Day weekend are set to face some of the highest regular gasoline prices at the pump in years. With the U.S. national average sitting at $4.53 per gallon ( according to AAA data ) and no resolution yet on a U.S.-Iran peace deal or the reopening of the Strait of Hormuz, pump pri...
Memorial Day Gas Demand Surge Collides With Hormuz Shock As $5 Demand-Destruction Line Nears Drivers heading into Memorial Day weekend are set to face some of the highest regular gasoline prices at the pump in years. With the U.S. national average sitting at $4.53 per gallon ( according to AAA data ) and no resolution yet on a U.S.-Iran peace deal or the reopening of the Strait of Hormuz, pump prices risk rising even higher into the holiday weekend as the summer driving season begins. Let's start with the chart of the day : AAA retail gas prices in the U.S. on a seasonal basis closely track the 2022 run, when the Russia-Ukraine conflict was in its first several months. Gas prices in 2022 did not top out until mid-June. The impending problem , with no near-term Hormuz resolution, as JPMorgan analysts recently warned, is that the world is spiraling toward a catastrophic cliff-edge shortage of crude oil if the maritime chokepoint remains blocked into June. Former CIA analysts and current RBC commodities head Helima Croft told clients days ago that she is " very skeptical of a June grand reopening or even that maritime traffic will return to February 27 levels for the foreseeable future ." AAA Retail Gas Price Map For Memorial Day 2026, AAA forecasts around 39.1 million Americans will travel by car , representing 87% of all holiday travelers. That will create a meaningful near-term lift in gas demand, especially from Thursday through Monday. EIA notes that gas demand typically rises into the summer driving season, while last year's Memorial Day period coincided with the highest weekly implied gas demand of 2025 up to that point. So, in an already tight gas market, a busy Memorial Day driving weekend can certainly pull more barrels through the system , support pump prices, and may only lead to higher prices if no Hormuz resolution is found in the near term. The demand destruction level sits around $5. Tyler Durden Tue, 05/19/2026 - 15:40