Hollie Adams/Getty Images News Uber Technologies ( UBER ) has increased its stake in Delivery Hero ( DELHY ) by buying additional shares from Dutch investment firm Prosus. The sale is part of Prosus’s agreement with European regulators to trim its stake in the Berlin-based food delivery entity before acquiring Just Eat Takeaway ( JTKWY ). Uber ( UBER ) increased its stake in Delivery Hero ( DELHY ...
Hollie Adams/Getty Images News Uber Technologies ( UBER ) has increased its stake in Delivery Hero ( DELHY ) by buying additional shares from Dutch investment firm Prosus. The sale is part of Prosus’s agreement with European regulators to trim its stake in the Berlin-based food delivery entity before acquiring Just Eat Takeaway ( JTKWY ). Uber ( UBER ) increased its stake in Delivery Hero ( DELHY ) to ~19.5%, including 5.6% in options. Uber ( UBER ) said it does not intend to increase its stake in the company to 30% or more. The recent transaction comes a month after Uber’s ( UBER ) investment of 4.5% of Delivery Hero ( DELHY ). Delivery Hero ( DELHY ) shares gained more than 7% on Monday. More on Uber Uber Technologies: 2026 AI Budget Blown, But Margin Expansion Should Boost FCF Uber: Accelerating Flywheel With Superapp And Robotaxis Upside Uber Sold Its AV Unit; Now It's The Industry's Gatekeeper Pershing Square 13F Check: How quant ratings score Ackman’s top stakes in QSR, AMZN, MSFT, and BN Bill Ackman’s Pershing Square discloses new stake in Microsoft in Q1
ACS Actividades de Construcción y Servicios SA is looking to sell about 6% of its shares to fund data centers and other AI-related infrastructure. The company is offering 16.6 million shares through an overnight placing with investors, it said in a regulatory filing on Monday. The offering comprises 5.4 million newly issued shares, plus existing shares stemming from the termination of derivative t...
ACS Actividades de Construcción y Servicios SA is looking to sell about 6% of its shares to fund data centers and other AI-related infrastructure. The company is offering 16.6 million shares through an overnight placing with investors, it said in a regulatory filing on Monday. The offering comprises 5.4 million newly issued shares, plus existing shares stemming from the termination of derivative transactions. The sale could raise as much as €2.2 billion ($2.6 billion) based on ACS’s closing price on Monday, according to Bloomberg calculations. ACS’s top shareholders Rosán Inversiones SL and Criteria Caixa SAU have committed to buy as much as a third of the combined deal. The proceeds would be partly used to fund its plans in digital and technology infrastructure, including data centers, semiconductor facilities and AI-related areas. Bank of America Corp. , CaixaBank SA and Societe Generale SA are arranging the offering.
US prosecutors asked a judge on Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautaum Adani, who had been accused of duping investors in a major solar project in India. Adani, one of the world’s richest people, was accused in 2024 of paying massive bribes to ensure the project’s success. He was charged with conspiracy, securities fraud and wire fraud charges in...
US prosecutors asked a judge on Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautaum Adani, who had been accused of duping investors in a major solar project in India. Adani, one of the world’s richest people, was accused in 2024 of paying massive bribes to ensure the project’s success. He was charged with conspiracy, securities fraud and wire fraud charges in connection with a lucrative arrangement for Adani Green Energy and another firm to sell 12...
Readers praise – and point to omissions from – the former home secretary’s proposed programme for government Well said, David Blunkett ( You’ve heard the king’s speech – but I think a better one might run like this, 14 May ). A touch of radicalism. A narrative. A purpose. Clarity. Pretty much everything that the current government has failed to offer. I especially applaud his call for lifelong lea...
Readers praise – and point to omissions from – the former home secretary’s proposed programme for government Well said, David Blunkett ( You’ve heard the king’s speech – but I think a better one might run like this, 14 May ). A touch of radicalism. A narrative. A purpose. Clarity. Pretty much everything that the current government has failed to offer. I especially applaud his call for lifelong learning and citizenship education. There are omissions from his list, though, notably a constitutional reform package, at the heart of which should be proportional representation. His lifelong learning package would link to that. Continue reading...
Iain Ramsay draws attention to the enhancing financial services bill and the influence of finance industry lobbying in proposed reforms that could be affect consumers Press reports on the king’s speech, including in the Guardian ( The king’s speech: what is the government’s legislative agenda for the next 12 months?, 13 May ), gave little coverage to the proposed enhancing financial services bill,...
Iain Ramsay draws attention to the enhancing financial services bill and the influence of finance industry lobbying in proposed reforms that could be affect consumers Press reports on the king’s speech, including in the Guardian ( The king’s speech: what is the government’s legislative agenda for the next 12 months?, 13 May ), gave little coverage to the proposed enhancing financial services bill, a central part of which will downgrade the role of the Financial Ombudsman Service (FOS). Cloaked in the guise of “modernisation”, the proposals reflect pure interest-group lobbying by the finance industry, which already exercises substantial influence on policy. Given that the costs of consumer redress may be concentrated in a few large firms, they have a strong incentive to participate in the policy process. In contrast, consumers of financial products have diffuse concerns and more limited expertise, and face high organisational costs. Continue reading...
US comedian has a remarkable ability to transform amusing, if somewhat banal, anecdotes into meticulously crafted joy and preposterousness In terms of both quality and quantity, Josh Johnson is producing standup at a more prolific rate than any other comedian on the globe. How often would you expect a professional comedian to release an hour-long filmed and edited set consisting of 100% brand new ...
US comedian has a remarkable ability to transform amusing, if somewhat banal, anecdotes into meticulously crafted joy and preposterousness In terms of both quality and quantity, Josh Johnson is producing standup at a more prolific rate than any other comedian on the globe. How often would you expect a professional comedian to release an hour-long filmed and edited set consisting of 100% brand new gear? Once a year? Every two years? For Johnson, it’s every week. Every Tuesday since 2023, the American comic and rotating host-correspondent of Comedy Central’s The Daily Show has uploaded fully fledged, highly topical routines to his YouTube channel. Filmed from his own tours and club drop-ins, many have eclipsed the 5m view mark. To call him a disruptor of the conventional comedy career path would be a heavy understatement; Johnson is playing by his own rules and the comedy cognoscenti around the world are undoubtedly watching with a keen eye. Continue reading...
Red Roses showed the hunger needed to defend World Cup in 2029 by clinching an eighth successive Six Nations If the top of the pyramid is defending their Rugby World Cup title in 2029 then this Women’s Six Nations has formed the base from which England can build. The world champions won their eighth straight Six Nations and proved they can succeed even when they have to stretch their squad to the ...
Red Roses showed the hunger needed to defend World Cup in 2029 by clinching an eighth successive Six Nations If the top of the pyramid is defending their Rugby World Cup title in 2029 then this Women’s Six Nations has formed the base from which England can build. The world champions won their eighth straight Six Nations and proved they can succeed even when they have to stretch their squad to the maximum. Blooding new talent was always the plan for the head coach, John Mitchell, but not in the manner it happened. The team knew they would be without some of the pillars of their side because of retirement or pregnancy but the sheer volume of injuries is not something they could have foreseen. Stars such as Hannah Botterman, Alex Matthews and Morwenna Talling were ruled out for either all or large chunks of the tournament with others like Sadia Kabeya and Maddie Feaunati missing the odd game. Continue reading...
Liz McInnes says her fears about the move back in 2019 are coming true as towns such as Middleton will lose access to postal services with TG Jones closing In 2019, I warned the Conservative government of the danger of moving post offices into branches of WH Smith ( Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat, 15 May ). The post office in Middleton, Grea...
Liz McInnes says her fears about the move back in 2019 are coming true as towns such as Middleton will lose access to postal services with TG Jones closing In 2019, I warned the Conservative government of the danger of moving post offices into branches of WH Smith ( Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat, 15 May ). The post office in Middleton, Greater Manchester, was about to be relocated in this manner and I, and many of my then constituents, questioned the sustainability of moving such a vital service into a failing business. Continue reading...
Paula Briggs says creative experiences help children feel connected, empowered and engaged, while Nicky Goulder calls for more equal access to creative opportunities across society The reported health benefits of engaging with art, discussed in your editorial ( The Guardian view on public health and the arts: the all-singing, all-dancing science of ageing, 12 May ) should come as no surprise to an...
Paula Briggs says creative experiences help children feel connected, empowered and engaged, while Nicky Goulder calls for more equal access to creative opportunities across society The reported health benefits of engaging with art, discussed in your editorial ( The Guardian view on public health and the arts: the all-singing, all-dancing science of ageing, 12 May ) should come as no surprise to anyone working with children and young people. The government needs to get serious about wellbeing, school attendance and children’s health, and be much braver in joining up policy across education, culture and health. At AccessArt, the UK charity I founded nearly 30 years ago to support visual arts teaching and learning, we hear repeatedly from teachers that creative experiences help children feel connected, empowered and engaged. Yet the arts have been undervalued in many schools for years, resulting in pressure to narrow the curriculum and prioritise measurable outcomes over meaningful engagement. Continue reading...
LAS VEGAS, May 18, 2026--Dell Technologies announces a broad set of advancements to deliver the foundation enterprises need to move from AI ambition to realized outcomes.
LAS VEGAS, May 18, 2026--Dell Technologies announces a broad set of advancements to deliver the foundation enterprises need to move from AI ambition to realized outcomes.
In this video, I will cover the biggest market stories of last week, including ARM (NASDAQ: ARM) and Shift4 earnings reactions, SpaceX's major investment in Terafab, and Anthropic's massive compute deal at Colosus 1. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of May. 6, 2026. The video was publishe...
In this video, I will cover the biggest market stories of last week, including ARM (NASDAQ: ARM) and Shift4 earnings reactions, SpaceX's major investment in Terafab, and Anthropic's massive compute deal at Colosus 1. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of May. 6, 2026. The video was published on May. 7, 2026. Continue reading
While I may be taking a few liberties in calling the three stocks in this article consumer "staples" companies , I think each business offers a lot of the defensive traits that make the sector intriguing to investors. Not only do these businesses offer products I'd consider staples in their respective niches, but each stock also offers promising outperformance potential at a reasonable valuation. ...
While I may be taking a few liberties in calling the three stocks in this article consumer "staples" companies , I think each business offers a lot of the defensive traits that make the sector intriguing to investors. Not only do these businesses offer products I'd consider staples in their respective niches, but each stock also offers promising outperformance potential at a reasonable valuation. Although these may not be your grandparents' consumer staples -- and may display more volatility than Colgate-Palmolive , for example -- I think each of these stocks could turn into "steady-Eddie" types of stocks over time and are worth buying and holding for decades. Image source: The Motley Fool. Continue reading
"He was incredible for when I was down and he also gave me a purpose for getting up in the morning and going for a walk, or just having this wonderful purpose to keep this thing alive. It was wonderful to have some focus in my life," he said.
"He was incredible for when I was down and he also gave me a purpose for getting up in the morning and going for a walk, or just having this wonderful purpose to keep this thing alive. It was wonderful to have some focus in my life," he said.
Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investors UK politics live – latest updates Andy Burnham has always faced a narrow path to replace Keir Starmer as prime minister: a tricky byelection, a leadership contest that is yet to be declared, and a far from constructive bond market backdrop. In making his pitch, assuaging City investors in...
Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investors UK politics live – latest updates Andy Burnham has always faced a narrow path to replace Keir Starmer as prime minister: a tricky byelection, a leadership contest that is yet to be declared, and a far from constructive bond market backdrop. In making his pitch, assuaging City investors in particular has led the Greater Manchester mayor to dance on a pin. Continue reading...
Ryan Hospitality Properties ( RHP ) was added as a new long idea at Hedgeye with the potential for 20%-30% upside. "We are going long RHP as the setup meaningfully improves into 2H’25 and beyond, with management positioned to sustain RevPAR growth while driving upside to EBITDA estimates," Hedgeye analyst Sean Jenkins wrote in a note on Monday. "While Q1 was strong and Q2 should remain solid, the ...
Ryan Hospitality Properties ( RHP ) was added as a new long idea at Hedgeye with the potential for 20%-30% upside. "We are going long RHP as the setup meaningfully improves into 2H’25 and beyond, with management positioned to sustain RevPAR growth while driving upside to EBITDA estimates," Hedgeye analyst Sean Jenkins wrote in a note on Monday. "While Q1 was strong and Q2 should remain solid, the more compelling part of the story is the accelerating earnings cadence expected through the back half of the year. " "Unlike peers facing difficult comparisons after outsized 1H growth, RHP appears positioned for relative acceleration into 2026-2028," Jenkins added. "We believe steady quarterly improvement, combined with the prospect of ~mid-single-digit or better NTM RevPAR growth, can drive material relative outperformance versus both hotel REIT peers and the broader lodging industry." Jenkins sees a path to 20%-30% upside over the next 12 months. "While RHP lacks some of the near-term “one-time” catalysts benefiting peers (e.g., World Cup exposure), we believe the market is underappreciating the durability of its long-term earnings power and competitive positioning," Jenkins wrote. Shares of Ryman Hospitality ( RHP ) rose 2.4% on Monday. More on Ryman Hospitality Properties Ryman Hospitality Properties, Inc. (RHP) Q1 2026 Earnings Call Transcript Ryman Hospitality Properties: Record Bookings, Discounted Price Ryman Hospitality Properties, Inc. (RHP) Presents at 47th Annual Raymond James Institutional Investor Conference - Slideshow Ryman signals $350M-$450M 2026 capex while raising guidance midpoints after 27% bookings growth Ryman Hospitality Properties Q1 2026 Earnings Preview
A listener named Carrie Anne wrote into the Rich Habits Podcast with a problem most adult children would recognize. She wants to pay her late 60s parents $1,000 a month for watching her kids. The parents refuse the cash and, in her words, would likely spend any of it on toys and clothes for the ... I want to pay my late 60s parents $1,000 monthly for babysitting. They refuse the money: should I in...
A listener named Carrie Anne wrote into the Rich Habits Podcast with a problem most adult children would recognize. She wants to pay her late 60s parents $1,000 a month for watching her kids. The parents refuse the cash and, in her words, would likely spend any of it on toys and clothes for the ... I want to pay my late 60s parents $1,000 monthly for babysitting. They refuse the money: should I invest it for them instead?
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting ...
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Here’s what Tracy’s thinking about... “The king is dead, long live the king!” is a saying that can be confusing to anyone who hasn’t spent time in a country with a royal family. It basically marks the end of the current king, while simultaneously affirming the monarchy’s overall continuity in the form of a new king. I was reminded of the phrase when thinking about the rolling series of “one-off” shocks we’ve experienced in recent years: As soon as one shock starts to fade, another one seems to step in to take its place. Off the top of my head we’re currently dealing with a ‘once-in-a-lifetime’ oil disruption, an AI capex boom, a potential super El Niño, drought in the Midwest, and numerous political shocks of one form or another. This is a theme that came up in our recent conversation with the Bank of England’s Megan Greene , but it’s also one that’s increasingly circulating in markets. Macquarie’s Viktor Shvets, for instance, asked in a recent note if a continuous stream of chaotic and unpredictable policies mean market participants should factor a permanent “insanity” premium into bond prices. “At what stage do once-offs become a feature not a bug? Should [central banks] assume that ‘insanity premium’ is no longer transitory?” Shvets asks. After all, if shocks are no longer rare, can policymakers (or anyone) still treat them as transitory deviations from some stable and increasingly hypothetical baseline? One fun but not-at-all-scientific data exercise seems to...
ansonsaw/iStock via Getty Images Reality is getting harder for markets to ignore, painfully so, considering that for the most part, markets have assumed a relatively soon resolution to the U.S.-Iran war, a costly assumption. Markets aren’t coming to their senses out of the blue; instead, consistent with our expectation shared on the Investing Experts Podcast episode " Fundamentals Over Everything ...
ansonsaw/iStock via Getty Images Reality is getting harder for markets to ignore, painfully so, considering that for the most part, markets have assumed a relatively soon resolution to the U.S.-Iran war, a costly assumption. Markets aren’t coming to their senses out of the blue; instead, consistent with our expectation shared on the Investing Experts Podcast episode " Fundamentals Over Everything " last week, it’s being forced. The cooldown began with the hot CPI and then the PPI numbers last week, which reminded investors that an eventual end to the war does not mean the war is consequence-free in the near term. PPI rose 1.4% M/M against expectations for 0.5% and comfortably higher than March’s 0.7% increase, while core PPI rose 1% M/M, also ahead of estimates for 0.3%. April prices increased the PPI inflation rate to 6% Y/Y, the highest reading since December 2022, against estimates for 4.8% and a 4% increase in March. The PPI numbers followed the CPI numbers reported a day prior, which also came in hotter than expected but held up relatively well against the PPI report. Even after excluding food and energy, core CPI increased by 0.4% and 2.8% on a monthly and yearly basis, respectively, with the highest monthly rate since January of last year. Energy was a pain point, unsurprisingly so; energy prices jumped 3.8% while food prices jumped 0.5%. Things continued to worsen as the week progressed, and the reality that markets had not priced in the risk of higher inflation began to sink in. Earnings and the chip frenzy have overshadowed the real-time impact of the global oil disruption. We’re also seeing a spike in bond market yields, with the 30-year Treasury bond ( US30Y ) rising above 5% and the benchmark 10-year bond ( US10Y ) rising above 4.5%. Higher benchmark yields are not a good sign because when 10-year yields spike, the denominator in DCF models rises, compressing present values and increasing the risk of equity valuation compression. Yields are rising from ...
Demand for ‘formal sale’ is odd for slew of reasons including five-year plan analysts say is ‘sensible, credible and material’ The big strategy reset a fortnight ago from Whitbread, the owner of Premier Inn, got a ho-hum response from the stock market for understandable reasons. The company said shutting Beefeater and Brewers Fayre restaurants , or converting the space to hotel rooms, would involv...
Demand for ‘formal sale’ is odd for slew of reasons including five-year plan analysts say is ‘sensible, credible and material’ The big strategy reset a fortnight ago from Whitbread, the owner of Premier Inn, got a ho-hum response from the stock market for understandable reasons. The company said shutting Beefeater and Brewers Fayre restaurants , or converting the space to hotel rooms, would involve upfront costs. Most of the goodies in the five-year plan, launched only two years after the last one, are intended to come towards the end of the period, which makes them less certain in the eyes of the market. The big prize, according to Whitbread’s chief executive, Dominic Paul, would be an improvement in annual returns on capital from a pedestrian 11% to a decent 16%. But shareholders, already digesting a whack from Rachel Reeves’s changes to business rates, would have to wait a while for the “higher-margin, higher-returning pure-play hotel business” to appear. Continue reading...
Royal Caribbean Cruises Ltd. shares fell on Monday after Mexican President Claudia Sheinbaum ordered a review of the cruise line operator’s water park project in Quintana Roo state. Sheinbaum asked her environment minister to evaluate the impact of the project, which has drawn protests. Shares in the Miami-based company fell over 3% in New York after the president’s comments. “I want to tell every...
Royal Caribbean Cruises Ltd. shares fell on Monday after Mexican President Claudia Sheinbaum ordered a review of the cruise line operator’s water park project in Quintana Roo state. Sheinbaum asked her environment minister to evaluate the impact of the project, which has drawn protests. Shares in the Miami-based company fell over 3% in New York after the president’s comments. “I want to tell everyone who was worried about this situation that the government isn’t going to do anything that puts the ecosystem in that area at risk,” Sheinbaum said during her daily media briefing in response to a question about the project near the village of Mahahual in Quintana Roo state. Royal Caribbean is planning a large water park near the cruise terminal that services Cancun and other destinations in the region. Critics have said the project endangers the local wildlife and environment, as well as puts stress on regional infrastructure. Sheinbaum said Mexico wouldn’t allow a project that impacts the area’s reefs and mangrove forests. In late 2024, Mexico’s economy minister had touted Royal Caribbean’s plans to invest $1.5 billion in the state. Sheinbaum said Royal Caribbean could seek another location in the state for its project if it is rejected.