Maciej Frolow/DigitalVision via Getty Images KNDS is trimming its stake in German defense supplier Renk Group ( RNKGF ) ( RKGRY ) as the Franco-German tank maker prepares for its own stock market debut later this year, Bloomberg News reported Tuesday. The Netherlands-based company is selling 5.8 million Renk shares at €44.95 each, a slight discount to Tuesday’s closing price. The offering is expected to raise about €269 million and drew enough investor demand to be fully covered shortly after launch. The sale gives KNDS additional financial flexibility ahead of a planned listing in Paris and Frankfurt, while also showing how hot Europe’s defense sector remains with investors. Renk ( RNKGF ) ( RKGRY ) shares have surged more than 200% since the company’s IPO as governments across Europe ramp up military spending following Russia’s invasion of Ukraine. For investors, the deal is another sign that defense companies are racing to capitalize on strong market appetite before enthusiasm cools or budgets tighten. KNDS remains Renk’s ( RNKGF ) ( RKGRY ) largest shareholder with a 16% stake and said it still plans to stay invested for the long term. A spokesperson said the proceeds will help strengthen the company’s balance sheet before its own IPO. Renk ( RNKGF ) ( RKGRY ) manufactures gearboxes used in KNDS’s Leopard 2 tanks, one of Europe’s most recognizable armored vehicles and a key export tied to the war in Ukraine. KNDS originally invested in Renk ( RNKGF ) ( RKGRY ) during the supplier’s 2024 IPO and later increased its holdings after resolving a legal dispute with Triton Partners, Renk’s former private equity owner. Renk’s ( RNKGF ) ( RKGRY ) stock has pulled back from highs reached last October, though it remains one of Europe’s strongest-performing defense shares during the region’s military spending boom. More on Select STOXX Europe Aerospace & Defense ETF, RENK Group AG EUAD: My Favorite ETF Strategy On Top Of Europe Defense Tailwinds RENK Group AG (RKGRY) Q1 202...

Nvidia shares set for US$350 billion price swing after earnings, options show BNN Bloomberg

Buyout shops are finding a rare exit opportunity in the US oil patch. US private equity firms are shopping more than half-dozen closely held oil and gas companies in Texas, Colorado and elsewhere that together are worth about $20 billion, after the Iran War pushed crude above $100 a barrel. That’s spurred long-time energy players to bring choice fossil fuels holdings to market. EnCap Investments , one of the busiest oil and gas-focused private equity firms in Houston, is seeking $2 billion for Ridge Runner, which operates in the Permian Basin of West Texas and New Mexico, according to people familiar with the matter. Quantum Capital Group has separately picked advisers to sell Bison Oil and Gas , an operator in the Denver-Julesburg Basin. It’s looking to get a valuation of more than $3 billion for the company, said the people, who asked to not be identified because the details aren’t public. Elsewhere, Greenbelt Capital Partners is exploring a sale of TRP Energy that could value the Permian Basin oil and gas explorer at more than $3 billion, the people said. Representatives for all three investment firms declined to comment. The activity underscores one potential bright spot for US private equity, which has been struggling in recent years to sell or take public their holdings, after paying top-of-the-market prices during the post-Covid M&A boom. The industry is sitting on 32,000 unsold companies worth $3.8 trillion while the average holding period for assets has stretched to around seven years, according to Bain & Co.’s most recent private equity industry outlook. The exit market in oil and gas has ratcheted up since Iran closed the Strait of Hormuz in February, sending crude prices up more than 50%. That’s a potential boon for the private equity firms that invest heavily in oil and gas, a sector that’s been fairly brutal to Wall Street firms through the decades. “It’s not a rush to the exit, but it’s a market opportunity compared to the last few years,” said Rahul ...

As Elon Musk readies SpaceX for a highly anticipated initial public offering, Wall Street is racing to find the next big winner in space exploration. Space has evolved from a niche corner of the stock market into an area that offers the potential for diversity and growth. The euphoria around SpaceX’s market entry is driving fresh investor flows into the sector. Since the news of the offering first became public in early December , smaller space and related stocks have soared. The SpaceX IPO “helps validate space as a scalable, institutional-grade growth industry,” said Greg Pendy , an analyst at Clear Street. “More importantly, it establishes a valuation benchmark that investors can use to value other public space companies.” Bank of America Corp. ’s basket of US stocks that are key players and potential beneficiaries of the space race has surged 40% this year, outpacing gains in the S&P 500 Index and Nasdaq 100 Index . Of the 35 companies that make up the basket, Satellogic Inc. — with a market capitalization of around $1.4 billion — has rocketed up 419% in 2026. Meanwhile, Iridium Communications Inc. , which is worth about $4.6 billion in market value, has soared 151% over the same period. Here are the stocks and funds that investors should watch ahead of SpaceX’s market entry. Space Stocks Space offers a lot of diversity within single stocks, which range from rocket manufacturers and satellite designers, to suborbital tourism and space sensors. Planet Labs PBC , which has advanced 108% so far this year, is an Earth imaging company, providing daily satellite data helping businesses, governments and more. At the other end of the universe, Firefly Aerospace Inc. enables government and commercial customers to launch, land and operate in space. The stock has gained 92% this year. The sector has already seen its fair share of IPOs. Recent space-focused listings — including York Space Systems Inc. , which listed in January , as well as earlier entries such as Intuitive ...

The following companies are expected to report earnings after hours on 05/19/2026. Visit our Earnings Calendar for a full list of expected earnings releases. Keysight Technologies Inc. (KEYS)is reporting for the quarter ending April 30, 2026. The electrical instrument company's consensus earnings per share forecast from the 2 analysts that follow the stock is $2.04. This value represents a 36.91% increase compared to the same quarter last year. KEYS missed the consensus earnings per share in the 4th calendar quarter of 2025 by -1.79%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for KEYS is 43.04 vs. an industry ratio of -20.30, implying that they will have a higher earnings growth than their competitors in the same industry. Toll Brothers, Inc. (TOL)is reporting for the quarter ending April 30, 2026. The building (residential/commercial) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.58. This value represents a 26.29% decrease compared to the same quarter last year. TOL missed the consensus earnings per share in the 4th calendar quarter of 2025 by -5.95%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for TOL is 10.04 vs. an industry ratio of 10.80. CAVA Group, Inc. (CAVA)is reporting for the quarter ending March 31, 2026. The restaurant company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.17. This value represents a 22.73% decrease compared to the same quarter last year. CAVA missed the consensus earnings per share in the 3rd calendar quarter of 2025 by -7.69%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for CAVA is 153.63 vs. an industry ratio of 11.90, implying that they will have a higher earnings growth than their competitors in the same industry. James Hardie Industries plc. (JHX)is reporting for the quarter ending March 31, 2026. The building company's consensus earnings per share forecas...

Elon Musk stormed out of the state and took the headquarters of SpaceX and Tesla with him. But many current and former employees still call it home.

Options Traders Expect $355 Billion Swing in Nvidia Stock (NVDA) After Earnings TipRanks

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Gemini is gaining the power of sight and mobility. Today at the I/O conference, Google and Volvo announced that the AI-powered assistant will be able to access external cameras in the upcoming EX60 SUV to help explain and interpret its surroundings to vehicle owners. The upgrade is possible thanks to Volvo’s use of Google’s embedded Android Automotive as its vehicle operating system. Google posits that the first use case will be to ask Gemini to translate difficult-to-understand parking signs, though the company obviously sees other future applications as possible as well. Google envisions a camera-enabled Gemini recalling a road sign, interpreting lane markings, or even answering questions about a nearby landmark or restaurant. The company says Gemini will be able to tell car owners how long they can park in a certain location, whether they need certain permits, and other restrictions. “In the future, Gemini will make your drive more helpful by allowing you to learn more about your surroundings while on the road,” Patrick Brady, VP of Android Automotive at Google, said in a statement. This feature isn’t just powered by Google’s Gemini alone; it also relies on the EX60’s on-board processing power thanks to the Nvidia Drive AGX Orin computing platform, as well as its over-the-air software capabilities. The parking sign interpretation seems like it could be legitimately useful — as long as its accurate. Testing will obviously determine whether the system works as well as Google claims. I live in the New York City region, and parking signs are notoriously difficult to decipher. But you can also imagine a scenario in which Gemini wrongly interprets a parking sign, resulting in a pricey ticket or, even worse, vehicle impoundment. Google needs to be sure that it nails this feature, otherwise car owner...

Parallel, a web API purpose-built for AI, is launching 'Index', a new marketplace that pays publishers and data providers based on how much their content helps an AI agent complete a task. Parallel founder and CEO Parag Agrawal, also the former CEO of Twitter, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

格隆汇5月20日｜谷歌(GOOG.O) DeepMind CEO德米斯·哈萨比斯周二宣布推出一款新的人工智能模型“Gemini Omni”，用于视频生成与编辑。他表示：“该模型起初只生成视频，但随着时间推移，Omni将能够从任意输入生成任意输出。这一直是我们为Gemini设定的目标，也是我们从一开始就构建多模态系统的原因。这条路径更困难，但如今基础架构开始带来回报。今天我们推出Omni系列的首个模型——Gemini Omni Flash。”该模型将从今天起在谷歌的Gemini应用、Google Flow以及YouTube Shorts中逐步上线，公司还表示未来也将通过API开放使用。

Micron Technology (MU) Valuation Check After Strong Multi Year Returns And Recent Share Price Pullback simplywall.st

Key Points Cramer Rosenthal McGlynn bought 3,486,423 shares of Dauch Corporation; the estimated trade value was $24.25 million based on quarterly average pricing. The quarter-end position value increased by $20.67 million, reflecting both share purchases and price movement. The transaction represents 1.78% of the fund’s reportable AUM. The quarter-end Dauch stake stood at 3,486,423 shares valued at $20.67 million. 10 stocks we like better than Dauch › Cramer Rosenthal McGlynn established a new position in Dauch Corporation (NYSE:DCH) during the first quarter, acquiring approximately 3,486,423 shares in a trade estimated at $24.25 million based on quarterly average pricing, according to a May 15, 2026, SEC filing. What happened According to a SEC filing dated May 15, 2026, Cramer Rosenthal McGlynn reported a new holding in Dauch Corporation, purchasing 3,486,423 shares. The estimated transaction value was $24.25 million, calculated using the average closing price for the quarter. At quarter-end, the position was valued at $20.67 million, reflecting both the purchase and subsequent price changes. What else to know Top five holdings after the filing: NYSE: BKU: $59.78 million (4.4% of AUM) NYSE: SKY: $57.06 million (4.2% of AUM) NYSE: RRX: $46.56 million (3.4% of AUM) NASDAQ: HUBG: $41.47 million (3.0% of AUM) NASDAQ: EVRG: $34.97 million (2.6% of AUM) As of Tuesday, shares of Dauch were priced at $5.78, up about 28% over the past year, compared to a 24% gain for the S&P 500. Company Overview Metric Value Revenue (TTM) $6.80 billion Net Income (TTM) ($127.10 million) Price (as of market close 2026-05-14) $5.78 Company Snapshot Dauch Corporation designs and manufactures driveline and metal forming technologies, including axles, driveshafts, differential assemblies, and safety-critical components for electric, hybrid, and internal combustion vehicles. The firm operates through Driveline and Metal Forming segments, generating revenue by supplying engineered systems and co...

Southampton have been thrown out of the play-offs after admitting they spied on three clubs in the Championship season. The EFL charged Saints with watching training sessions of Oxford United and Ipswich Town, in addition to filming Middlesbrough as they prepared for the first leg of their play-off semi-final on 7 May. Southampton have also received a four-point deduction in the Championship for next season. Middlesbrough, beaten by Southampton in the semi-final, have been reinstated and will now play Hull City for a place in the Premier League. The final will remain on Saturday at Wembley with the kick-off time to be confirmed. Southampton had admitted to "multiple breaches of EFL regulations related to the unauthorised filming of other clubs' training", the EFL said. The club have also received a reprimand in respect of all the charges. The EFL said in a statement: "Southampton was first charged on Friday 8 May, with further charges issued on Sunday 17 May in relation to additional breaches during the 2025-26 season. "Those additional charges arose from matters identified after the initial proceedings involving Middlesbrough were initiated. "Southampton admitted breaches of regulations requiring clubs to act with the utmost good faith and prohibiting the observation of another club's training session within 72 hours of a scheduled match. "The admitted breaches concern fixtures against Oxford United in December 2025, Ipswich Town in April 2026 and Middlesbrough in May 2026."

Is It Too Late To Consider AMD (AMD) After Its 267% One Year Surge? simplywall.st

Oracle (NYSE:ORCL) has become the first hyperscale cloud provider to deploy Nvidia's new Vera CPU systems at scale. The rollout marks a significant expansion of Oracle's AI infrastructure and deepens its partnership with Nvidia to support high-performance AI hardware platforms. For investors watching the large cloud providers, this move puts Oracle's AI-focused infrastructure push in sharper focus. The company already competes in databases, enterprise software and cloud services, and this new hardware deployment ties directly into demand for more intensive AI workloads across industries. The Nvidia Vera CPU rollout may help Oracle target customers that need high-performance, power efficient compute for training and running AI models. For you as a shareholder or potential investor, this development could be useful context when assessing how Oracle positions its cloud platform against other hyperscale providers in AI heavy use cases. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Oracle. NYSE:ORCL Earnings & Revenue Growth as at May 2026 For Oracle, being first to roll out Nvidia’s Vera CPU systems at hyperscale is less about a single product and more about reinforcing its pitch as an AI-ready cloud for heavy compute clients like OpenAI, Anthropic and large enterprises. Vera is positioned as a high performance, power efficient CPU suited to training and inference, so broad deployment gives Oracle another hardware option alongside GPUs when customers size AI clusters. This can matter for buyers comparing Oracle Cloud Infrastructure with Amazon Web Services, Microsoft Azure and Google Cloud, where hardware breadth and price performance are key decision points. Advertisement How This Fits Into The Oracle Narrative The Vera rollout supports the existing narrative that Oracle is leaning into AI workloads and large, multi year infrastructure commitments by widening the set of AI focuse...

Synopsys (NASDAQ:SNPS) has whipsawed investors over the past year, from an August 2025 peak near $617.91 to a November low of $389.83, before settling at $498.43. With the Ansys integration now fully reflected in results and AI-driven chip design demand intact, our model sees room to run. Our 24/7 Wall St. price target for Synopsys ... Prediction: Synopsys Could Hit $600+ in 12 Months and Here’s Why

The Securities and Exchange Commission is seeking to boost initial public offerings with an overhaul to let new big issuers temporarily avoid many of the agency’s strongest disclosure rules. The move could benefit major companies planning to go public, including Elon Musk ’s SpaceX . SEC Chairman Paul Atkins framed the plan as part of the agency’s “Make IPOs Great Again” push. Under the plan released on Tuesday, new public companies could avoid more robust disclosures that come with the “large accelerated filers” tag for as long as five years. The agency’s proposal would also raise the public float threshold for that category to $2 billion from $700 million, letting more companies take advantage of simplified disclosures. “Today’s proposed rulemakings are among the first important steps toward transforming the SEC’s regulatory framework for public companies,” Atkins said in a statement. The five-year grace period would also include exemptions for needing to get an auditor’s attestation on a company’s internal controls over financial reporting. After that, only “large accelerated filers” would need to obtain it. Meanwhile, under the plan, firms with less than a $2 billion float would be able to take advantage of scaled-down disclosures currently only allowed for very small companies. The changes could let firms avoid having to put matters related to executive compensation to shareholder votes and potentially make fewer disclosures about that compensation, including larger companies during the five-year grace period. Additionally, the agency also released a proposal Tuesday to “modernize” the shelf registration process, which would let more companies issue securities faster when market conditions are favorable. The SEC anticipates an increase of more than 60% in the number of issuers eligible to offer an unlimited amount of securities under the proposed changes, according to a fact sheet. The public will have 60 days to comment on the proposals. After that, the agency...

Michael M. Santiago/Getty Images News Humain, the Saudi artificial intelligence company that plans to develop data centers in the kingdom, has hired Goldman Sachs Group ( GS ) to advise on the at least 20B riyals financing package, two sources with knowledge of the matter told Reuters . The data centers will be developed in ​Riyadh, one of the sources reportedly said. The AI company, owned by the Saudi sovereign fund PIF, seeks to fund data centers and GPU chips for 2 gigawatts of ​capacity, according to the sources who requested anonymity, as the matter is not public. The move comes amid an AI push in the region, the Tuesday, May 19 report noted. Last year, Amazon Web Services and Humain announced a strategic partnership to build the first-of-a-kind AI Zone in the Kingdom. PIF is said to be spearheading the AI transformation in the country. More on Goldman Sachs The Goldman Sachs Group, Inc. (GS) Shareholder/Analyst Call Prepared Remarks Transcript Wall Street Roundup: Good News, Earnings News Goldman Sachs Q1 Results Flag Risks From Middle East Conflict And Inflation US regulators set to revamp CAMELS ratings process for banks - report Goldman Sachs Alternatives acquires FGI Worldwide

New Vulkan layer enables Nvidia Reflex and AMD Anti-Lag on any GPU KitGuru

格隆汇5月20日｜美国副总统万斯：俄罗斯接管伊朗的浓缩铀并不在计划之内。

The UK will effectively loosen some Russian sanctions by allow imports of diesel and jet fuel refined from Moscow’s crude in countries like India and Turkey. The general license published late Tuesday takes effect Wednesday and didn’t set a time limit. The measure, which only applies to those two fuels, comes as swaths of global oil production remain disrupted by the Iran war, with diesel and jet fuel particularly hard hit. Prices have soared since the US and Israel began bombing Iran at the end of February, disrupting refinery output in a region that Europe is reliant on for some supplies. The ICE gasoil futures benchmark, which is Europe’s main diesel marker, is currently trading at about $160 a barrel. The license eases the impact of sanctions that came into effect earlier this year in an effort to curb Russia’s ability to reap cash from its oil and gas industry. Since invading Ukraine in 2022, Moscow has found new markets for its crude, particularly in India, which was previously a relatively small buyer. The UK has not imported any diesel or jet fuel from India since January, according to data from Vortexa .

NVIDIA Corp (BUE:NVDA) Stock Price, Trades & News GuruFocus

JHVEPhoto/iStock Editorial via Getty Images Shares of Chevron ( CVX ) rose 1.32% to $196.90 in the afternoon trade on Tuesday , extending to a seventh session of gain. The stock had gained around 5.2% between May 11 and May 18, while the S&P 500 fell 0.13% over the same period. Chevron shares advanced amid a mix of global supply concerns and company-specific developments. The company’s expansion plans remained in focus, with progress on its first deep-water project in Syria and ongoing talks to develop oil and gas assets in Iraq. Meanwhile, supply risks increased as Ukrainian drone attacks disrupted several Russian energy facilities, while the Iran conflict sharply reduced crude flows through the Strait of Hormuz. In the U.S., stronger refining conditions and improved biofuel margins, helped by higher mandates and fuel prices, also supported sentiment, along with portfolio moves such as the sale of refining assets in Asia . According to Seeking Alpha’s Quant rating system, CVX is rated a Strong Buy with a score of 4.93 out of 5, with an A+ in terms of profitability but a C- both in terms of valuation and momentum. A recent Seeking Alpha analysis said the oil major is positioned to benefit from tighter global oil and LNG markets amid disruptions linked to the Iran conflict, while also highlighting potential long-term upside from its planned gas-fired power partnership with Microsoft Corporation ( MSFT ). The note added that “Chevron has 20% exposure to the spot market, enabling the organization to realize stronger pricing in the European and Asian markets,” while noting elevated energy prices could support cash generation through 2026. On Wall Street, analysts are bullish , with 18 out of 25 analysts rating the stock with a buy or higher, six suggesting to hold, and one of them suggesting a strong sell. Shares have gained about 5.9 % over the past month and have surge d around 27.4 % year to date. More on Chevron Chevron: Attractive Total Return Potential Over 3- To ...

Google’s I/O 2026 keynote today was once again full of AI-related announcements including a new family of Gemini 3.5 AI models, new features for Search and Gmail, and updates about its Project Aura smart glasses. If you weren’t able to tune into the event’s livestream today or follow along with our live blog, you can catch up on everything you missed in our roundup below. Google launched updated AI models at I/O, starting with Gemini 3.5 Flash, with Gemini 3.5 Pro following next month. Starting today, Gemini 3.5 Flash will be the default model for the Gemini app and AI Mode in Search. Google says the new model is significantly faster, better at handling agentic tasks, offers improved agentic coding capabilities, and generates “richer, more interactive web UIs and graphics.” It also has improved guardrails that, according to Google, will make Gemini 3.5 Flash less likely to generate harmful content and less likely to accidentally flag safe queries as unsafe. Screenshots of Google’s Gemini app with the Neural Expressive design language. Image: Google Along with Gemini 3.5 Flash, Google is also launching a redesign for the Gemini app. The new look, which Google calls “neural expressive,” features new animations, pops of color, a new font, and haptic feedback. It’s rolling out starting May 19th on the web and in the Gemini app on Android and iOS. Along with Gemini 3.5, Google is launching an entirely new family of AI models it calls Gemini Omni. The first, Omni Flash, is rolling out starting today in the Gemini app, Google Flow, and YouTube Shorts. At launch, Omni Flash will be able to generate video clips from prompts that include a variety of inputs including text, photos, video, and audio (unlike Google’s Veo model, which is only text to video). Down the line, Google says Omni will be able to “create anything from any input.” The new always-on AI agent that can write emails, create study guides, and keep an eye out for hidden credit card fees for you is Google’s ‘we ...

Key Points The 30-year Treasury yield climbed to 5.19%, its highest level since before the 2008 financial crisis. Alphabet and Amazon were the biggest drags on the Nasdaq and S&P 500 despite dropping only 2% to 3%. Days like Tuesday are noise, not a signal to sell quality companies. 10 stocks we like better than NASDAQ Composite Index › Tuesday morning wasn't exactly kind to stock investors, but there's no need to panic. All three major indexes spent the session underwater, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) taking the hardest punch. As of around 12:43 p.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.31%, the S&P 500 (SNPINDEX: ^GSPC) had slipped 0.51%, and the Nasdaq was nursing a 0.86% loss after twice dipping more than1.4% between 10 ET and 11 ET. 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 » The Nasdaq suffered the steepest losses, plunging sharply in the first hour of trading before staging a choppy rebound. All three indexes ticked higher in unison after noon ET. ^DJI data by YCharts Why stocks are struggling Rising bond yields dominated Wall Street's conversation. The 30-year Treasury Bond yield climbed to 5.19%, its highest level since before the 2008 financial crisis. Higher long-term rates increase borrowing costs for corporations and reduce the present value of future earnings, a combo that hits growth-oriented technology stocks especially hard. That math showed up in the biggest point-shaving losers of each market index. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) dropped about 2% by midday, while Amazon (NASDAQ: AMZN) fell around 3%. These trillion-dollar behemoths were the largest drags on both the Nasdaq and the S&P 500. When you're worth trillions, even a 2% dip moves the needle. Amazon's 3% slide also led the Dow lower, along with a 1% drop for Gold...