Google’s YouTube and Snap Inc. reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a mental health crisis, according to court filings. TikTok and Meta Platforms Inc. were also sued by the rural Kentucky school district that brought the case, which is s...
Google’s YouTube and Snap Inc. reached agreements to settle the first lawsuit headed to trial over claims that addiction to top social media platforms has disrupted learning and pushed public schools to spend massive sums fighting a mental health crisis, according to court filings. TikTok and Meta Platforms Inc. were also sued by the rural Kentucky school district that brought the case, which is set to go to trial on June 12 in federal court in Oakland, California. The trial will serve as a test case for more than 1,200 similar lawsuits nationwide in which school districts allege that the biggest social media companies have harmed students so badly that it’s undermining the education system. The spate of lawsuits could open the tech companies to a “collective theoretical liability of almost $400 billion,” according to an estimate from Bloomberg Intelligence. The terms of the settlements weren’t disclosed in Friday’s filings. “For more than a decade, we’ve built YouTube responsibly — working with teachers, administrators, and parents’ groups to give students safer, more helpful experiences online,” a YouTube spokesperson said in a statement. “This matter has been amicably resolved and our focus remains on building age-appropriate products and parental controls that deliver on that promise.” The settlements are the latest in what has been a busy year for child safety-related litigation . TikTok and Snap previously settled a first-of-its-kind personal injury suit over social media addiction shortly before it went to trial in Los Angeles earlier this year. Meta and Google did not settle, and a jury found them liable for harming a 20-year-old woman with products designed to be addictive. Meta also lost a separate case in New Mexico alleging the company failed to protect children from online predators; jurors assessed a penalty of $375 million on Meta. The four social media companies face thousands of additional lawsuits from school districts, state attorneys general and ...
Key Takeaways Optiver US LLC's substantial $6 billion increase in Amazon (AMZN) exposure highlights a strong institutional conviction in the tech giant's long-term growth, particularly in its high-margin segments. increase in Amazon (AMZN) exposure highlights a strong institutional conviction in the tech giant's long-term growth, particularly in its high-margin segments. Amazon's Q1 2026 results d...
Key Takeaways Optiver US LLC's substantial $6 billion increase in Amazon (AMZN) exposure highlights a strong institutional conviction in the tech giant's long-term growth, particularly in its high-margin segments. increase in Amazon (AMZN) exposure highlights a strong institutional conviction in the tech giant's long-term growth, particularly in its high-margin segments. Amazon's Q1 2026 results demonstrated robust top-line growth of 17% and a record 13.1% operating margin, propelled by AWS's 28% expansion and continued advertising strength. results demonstrated robust top-line growth of and a record operating margin, propelled by expansion and continued advertising strength. Despite heavy $200 billion capital expenditures for AI infrastructure impacting free cash flow, Wall Street analysts maintain a "Buy" consensus with price targets suggesting significant upside from current levels. Why is Optiver Betting Big on Amazon (AMZN) Now? Optiver US LLC, a prominent high-frequency trading and market-making firm known for its sophisticated algorithmic strategies, has dramatically increased its exposure to Amazon (AMZN), adding over $6 billion in new capital to make it a top holding. This isn't a casual portfolio adjustment; it signals a deep-seated conviction in Amazon's future trajectory, especially given Optiver's strategic focus on technological leverage and expanding U.S. market-making capabilities. Their move suggests a belief that Amazon's underlying fundamentals and growth catalysts are compelling enough to warrant such a substantial investment. The timing of Optiver's increased stake coincides with a dynamic period for Amazon shares. As of May 15, 2026, AMZN trades at $264.14, reflecting a slight daily dip of -1.15% from its previous close of $267.22. This follows a remarkable run where the stock surged 27% in the last month, positioning it as the best-performing "Magnificent Seven" stock year-to-date. This recent rebound comes after a challenging period earlier i...
PM Images/DigitalVision via Getty Images Introduction The Dividend Champions list is a monthly compilation of companies that have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with around 700 companies on the list, the sheer amount of data can quickly become overwhelming. In t...
PM Images/DigitalVision via Getty Images Introduction The Dividend Champions list is a monthly compilation of companies that have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with around 700 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend-related activity for dividend stocks on the Dividend Champions list. In the data presented below, Yield is forward annualized, and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list. Dividend Changes In the past week, the following companies declared dividends that changed from their previous payouts. Increases: Company Symbol Ex-Div Pay Old Rate New Rate Increase Yield Years Muncy Columbia Financial Corporation ( CCFN ) 5/26 6/11 0.153333 0.155 1.09% 2.38% 29 Curtiss-Wright Corporation ( CW ) 6/15 7/6 0.24 0.26 8.33% 0.15% 10 Farmers & Merchants Bancorp ( FMCB ) 6/12 7/1 5.1 5.35 4.90% 1.59% 63 Hyster-Yale Materials Handling, Inc. ( HY ) 6/1 6/16 0.36 0.365 1.39% 4.09% 15 NACCO Industries, Inc. ( NC ) 6/1 6/15 0.2525 0.2625 3.96% 2.13% 41 Penske Automotive Group, Inc. ( PAG ) 5/26 6/3 1.4 1.42 1.43% 3.50% 6 RLI Corp. ( RLI ) 5/29 6/12 0.16 0.18 12.50% 1.42% 51 Click to enlarge Decreases: None Last Chance To Buy These dividend growth stocks have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol. Monday, May 18 (Ex-Div 5/19) Company Symbol Pay Date Payout Price Yield Years Avista Corporation ( AVA ) 6/12 0.4925 40.41 4.88% 24 BWX Technologies, Inc. ( BWXT ) 6/5 0.27 204.72 0.53% 11 Chevron Corporation ( CVX ) 6/10 1.78 191.10 3.73% 39 Fresh Del Monte Produce Inc. ( FDP ) 6/11 0.3 32.49 3.69% 6 Innospec Inc....
Mohammad Baqer Saad Dawood al-Saadi appeared in US federal court to face six terrorism-related charges The US justice department has arrested and charged an Iraqi national accused of involvement in nearly 20 alleged terror attacks and attempted attacks across the US and Europe . The wave of violence attributed to Mohammad Baqer Saad Dawood al-Saadi has caused huge concern in many European countrie...
Mohammad Baqer Saad Dawood al-Saadi appeared in US federal court to face six terrorism-related charges The US justice department has arrested and charged an Iraqi national accused of involvement in nearly 20 alleged terror attacks and attempted attacks across the US and Europe . The wave of violence attributed to Mohammad Baqer Saad Dawood al-Saadi has caused huge concern in many European countries but especially the UK, where Jewish community centres, charities, synagogues and other sites have been targeted in recent weeks. Continue reading...
Omega Fund Management cut its stake in Kestra Medical Technologies (NASDAQ:KMTS) , selling 351,442 shares in the first quarter for an estimated $8.28 million based on quarterly average pricing, according to a May 15, 2026, SEC filing. According to an SEC filing published May 15, 2026, Omega Fund Management decreased its position in Kestra Medical Technologies, Ltd. by 351,442 shares during the fir...
Omega Fund Management cut its stake in Kestra Medical Technologies (NASDAQ:KMTS) , selling 351,442 shares in the first quarter for an estimated $8.28 million based on quarterly average pricing, according to a May 15, 2026, SEC filing. According to an SEC filing published May 15, 2026, Omega Fund Management decreased its position in Kestra Medical Technologies, Ltd. by 351,442 shares during the first quarter. The estimated transaction value was $8.28 million, calculated using the average unadjusted closing price for the quarter. The fund’s quarter-end holding was 1,022,149 shares, with a reported value of $20.37 million. Kestra Medical Technologies, Ltd. is a healthcare technology company specializing in advanced wearable devices and digital platforms for cardiac patient management. The company leverages intelligent, connected solutions to support both patients and providers, aiming to enhance clinical outcomes in cardiovascular disease. With a focus on innovation and integration, Kestra develops next-generation cardiac monitoring and intervention solutions. Continue reading
Key PointsMonimus Capital bought 2,053,088 Tripadvisor shares in the first quarter; the estimated trade value was $23.91 million based on quarterly average prices.
Key PointsMonimus Capital bought 2,053,088 Tripadvisor shares in the first quarter; the estimated trade value was $23.91 million based on quarterly average prices.
Kentucky Derby-Winning trainer Cherie DeVaux joins the show to discuss the decision not to run Golden Tempo in the Preakness. She discusses the timeline between the races which played a factor in her decision to withdraw from the race. She speaks with Katie Greifeld & David Papadopoulos on “The Close.” (Source: Bloomberg)
Kentucky Derby-Winning trainer Cherie DeVaux joins the show to discuss the decision not to run Golden Tempo in the Preakness. She discusses the timeline between the races which played a factor in her decision to withdraw from the race. She speaks with Katie Greifeld & David Papadopoulos on “The Close.” (Source: Bloomberg)
Billionaire investor Bill Ackman’s Pershing Square disclosed a new position in Microsoft ( MSFT ) and reduced its stake in Uber Technologies ( UBER ), among its first quarter moves. The fund disclosed this information in its latest 13F filing on Friday. Pershing holds a stake of 5.65M shares in Microsoft, as per the filing. Earlier in the day, Ackman called the tech giant “highly compelling” at cu...
Billionaire investor Bill Ackman’s Pershing Square disclosed a new position in Microsoft ( MSFT ) and reduced its stake in Uber Technologies ( UBER ), among its first quarter moves. The fund disclosed this information in its latest 13F filing on Friday. Pershing holds a stake of 5.65M shares in Microsoft, as per the filing. Earlier in the day, Ackman called the tech giant “highly compelling” at current valuations. "We believe Microsoft's recent share price decline has been principally driven by investor concerns around two key issues: i) the competitive positioning of M365 against increasingly capable AI lab offerings (notably Anthropic's Claude Cowork), and ii) the durability of Azure's growth, especially in light of Microsoft's evolving relationship with OpenAI ( OPENAI )," Ackman said in a post on X . Pershing decreased its position in Uber Technologies ( UBER ) to 29.95M shares from 30.2M during the quarter. The fund now holds 2.66M shares of Meta Platforms ( META ), down from 2.67M shares. The firm reduced its Alphabet Class C shares ( GOOG ) from more than 6.1 million shares in Q4 2025 to 311,726 shares in Q1 2026. Alphabet Class A holdings ( GOOGL ) also reduced quarter-over-quarter. Lastly, the fund has exited its position in Hilton Worldwide Holdings ( HLT ) during the first quarter. More on 13Fs Ray Dalio's Bridgewater Associates exits Salesforce, cuts stake in PayPal in Q1 Corvex Management adds CoStar Group, Lionsgate Studios, and exits Oracle among Q1 moves Tiger Global takes new position in Intel; adds to Broadcom, Nvidia among Q1 moves Berkshire Hathaway dumps Visa and Mastercard, adds Delta Air and Macy's in Q1 3G Capital adds semiconductor stocks, doubles holding in Alibaba among Q1 positioning changes
YouTube is expanding its AI likeness detection program to all users over the age of 18 - meaning just about anyone can have the platform hunt for potential deepfakes of themselves. The likeness detection feature uses a selfie-style scan of a person's face to monitor YouTube for lookalikes. If there is a match, YouTube alerts the user; the person then has the option to request that YouTube remove t...
YouTube is expanding its AI likeness detection program to all users over the age of 18 - meaning just about anyone can have the platform hunt for potential deepfakes of themselves. The likeness detection feature uses a selfie-style scan of a person's face to monitor YouTube for lookalikes. If there is a match, YouTube alerts the user; the person then has the option to request that YouTube remove the content. YouTube has said in the past that it has found the number of removal requests to be "very small." YouTube began testing the feature with content creators , and then expanded it to government officials, politicians, journalists, and fina … Read the full story at The Verge.
Closing Arguments In High-Stakes OpenAI Trial Focus On Reputation, Character Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours), OAKLAND, Calif.—After nearly three weeks of presented evidence, an Oakland jury on May 14 heard final arguments in a high-stakes legal battle that could have profound impacts on the race for artificial intelligence. In a courtroom sketch, Sam Altman list...
Closing Arguments In High-Stakes OpenAI Trial Focus On Reputation, Character Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours), OAKLAND, Calif.—After nearly three weeks of presented evidence, an Oakland jury on May 14 heard final arguments in a high-stakes legal battle that could have profound impacts on the race for artificial intelligence. In a courtroom sketch, Sam Altman listens as OpenAI President Greg Brockman testifies during Elon Musk's lawsuit trial over OpenAI's for-profit conversion, at a federal courthouse in Oakland, Calif., on May 4, 2026. Vicki Behringer/Reuters Tech moguls Elon Musk and Sam Altman, once friends and partners in a fledgling AI startup with big dreams and a noble mission, are nearing the climax of a bitter feud over the future of an $852 billion company. Despite a judicial ban on testimony related to AI-induced “extinction” scenarios, references to speculative risks still surfaced during the Oakland courtroom proceedings, appeared in discussions around “risk” and “safety.” Vague promises about the future benefits of an unrealized technology were also touched upon. On the stand, Tesla CEO Musk told the court, “We don’t want to have a Terminator outcome,” suggesting humanity would be better off with a “Star Trek” future written by Gene Roddenberry, rather than something from the mind of James Cameron. Musk cofounded OpenAI in 2015 with Altman, President Greg Brockman, and former chief scientist Ilya Sutskever. At the time, both Musk and Altman expressed grave concerns about the unregulated advancement of Artificial General Intelligence (AGI)—a hypothetical point at which the machines “outsmart” humans and operate autonomously. Those concerns, Musk testified, were the express motivation for founding OpenAI: open-source to prevent consolidation of power, and philanthropic to offset the profit-driven AI race. He sued Altman and Brockman in 2024, alleging they bilked him out of $38 million in donations, then restructured as ...
Enbridge President & CEO Greg Ebel discusses the agreement between Canada and the Alberta province about the carbon tax deal. He discusses the ramifications for future pipelines in the country and how it can affect North America at large going forward. He speaks with Katie Greifeld & Isabelle Lee on “The Close.” (Source: Bloomberg)
Enbridge President & CEO Greg Ebel discusses the agreement between Canada and the Alberta province about the carbon tax deal. He discusses the ramifications for future pipelines in the country and how it can affect North America at large going forward. He speaks with Katie Greifeld & Isabelle Lee on “The Close.” (Source: Bloomberg)
Jian Fan/iStock via Getty Images Inventiva S.A. ( IVA ) is a late-stage clinical biopharmaceutical company developing oral small-molecule therapies. Concretely, they’re targeting metabolic dysfunction-associated steatohepatitis, or MASH, formerly known as NASH. Their lead candidate is lanifibranor, which is a MASH and advanced fibrosis treatment. This candidate is in Phase 3 NATiV3 trials, and its...
Jian Fan/iStock via Getty Images Inventiva S.A. ( IVA ) is a late-stage clinical biopharmaceutical company developing oral small-molecule therapies. Concretely, they’re targeting metabolic dysfunction-associated steatohepatitis, or MASH, formerly known as NASH. Their lead candidate is lanifibranor, which is a MASH and advanced fibrosis treatment. This candidate is in Phase 3 NATiV3 trials, and its topline results should be ready by Q4 2026. IVA believes this trial will confirm and corroborate the previously positive Phase 2 results. If this happens, this could support potential NDA and MAA regulatory submissions by 1H2027. In my view, this positions IVA as an inherently speculative bet at this stage, yet the upside potential is commensurate. So, I lean bullish on the shares for long-term investors willing to bet on the Q4 data. A Bet On Lanifibranor Inventiva S.A. is a late-stage biopharmaceutical that’s targeting several diseases through its candidates. However, the main focus should be on their MASH asset, which I believe has the most potential. They were founded back in 2011 and are currently headquartered in Daix, France. Since then, they’ve narrowed down their pipeline towards lanifibranor. This is their Phase 3 NATiV3 readout, and if this asset remains differentiated through their upcoming Q4 readout , it could make IVA a worthwhile speculative play today. As such, I felt it was worthwhile analyzing this otherwise underfollowed name. Source: Corporate Presentation. March 2026. As a quick recap, IVA’s lead asset is lanifibranor . Technically speaking, this is an oral pan-PPAR agonist designed to produce anti-fibrotic, anti-inflammatory, and metabolic effects in MASH. Unfortunately, MASH is a chronic liver condition associated with steatosis, inflammation, liver-cell injury, and fibrosis. IVA now has lanifibranor in NATiV3, which is a Phase 3 trial with adult MASH patients with advanced fibrosis. IVA anticipates this trial’s topline results will be ready by Q4 2...
Earnings Call Insights: BioCardia (BCDA) Q1 2026 Management View "We have had significant accomplishments this last quarter for our CardiAMP Cell Therapy for the treatment of ischemic heart failure" (CEO, President & Director Peter Altman), highlighting FDA breakthrough designation and "Medicare reimbursement at $20,000 per treatment procedure today." "In our formal clinical consultation with Japa...
Earnings Call Insights: BioCardia (BCDA) Q1 2026 Management View "We have had significant accomplishments this last quarter for our CardiAMP Cell Therapy for the treatment of ischemic heart failure" (CEO, President & Director Peter Altman), highlighting FDA breakthrough designation and "Medicare reimbursement at $20,000 per treatment procedure today." "In our formal clinical consultation with Japan's Pharmaceutical and Medical Devices Agency, they have said that they are inclined to accept this data as the basis for regulatory submission and approval in Japan" (CEO, President & Director Altman), adding that BioCardia has already received "the draft written advisory record from the agency" and is preparing a Shonin submission. "We also completed a Q-Sub meeting with FDA Center for Biologics Evaluation and Research" (CEO, President & Director Altman), stating FDA "view the appropriate approval pathway as a premarket approval," "had no concerns on the safety," and "encouraged BioCardia to complete the ongoing CardiAMP HF II trial" while engaging on elements of statistical analysis. "For the second quarter of 2026, looking ahead, we expect to complete one or more transactions that will fund Japan PMDA submission for approval and the CardiAMP Heart Failure II trial" (CEO, President & Director Altman). "Total expense decreased by $460,000 quarter-over-quarter to $2.3 million" (Chief Financial Officer David McClung), and "the company ended the quarter with cash and cash equivalents totaling $951,000." Outlook BioCardia said it "expect[s]" the Japan Shonin application "will take approximately 7 months to prepare and submit" (CEO, President & Director Altman) and described a post-submission "about a year-long review process" (CEO, President & Director Altman). Management’s near-term priorities were framed as execution and financing, with the CEO stating: "Completing the CardiAMP Shonin premarket application for approval in Japan and enrolling CardiAMP Heart Failure II are ou...
Investors have spent the past year glued to every Federal Reserve press conference and Treasury auction. The 10-year Treasury yield sits at 4.46% as of May 13, 2026, up 0.16% from a month ago, and the federal funds rate has held at 3.75% since December 11, 2025 after three 0.25% cuts in the fall. Andrew ... Stop Obsessing Over Interest Rates. Focus on These 3 Moves Instead
Investors have spent the past year glued to every Federal Reserve press conference and Treasury auction. The 10-year Treasury yield sits at 4.46% as of May 13, 2026, up 0.16% from a month ago, and the federal funds rate has held at 3.75% since December 11, 2025 after three 0.25% cuts in the fall. Andrew ... Stop Obsessing Over Interest Rates. Focus on These 3 Moves Instead