Pfizer (NYSE: PFE) and Eli Lilly (NYSE: LLY) recently reported quarterly results that read like two scripts from opposite ends of pharma. Lilly posted 55.55% revenue growth from a position of strength. Pfizer is still rebuilding from the COVID cliff. Their M&A playbooks tell the story. Blowout Quarter Meets a Methodical Rebuild Lilly’s Q1 2026 ... Pfizer vs Eli Lilly: Different Bets on Pharma MA

Fervo Energy Co. , a geothermal energy developer, is seeking to raise as much as $1.82 billion in a US initial public offering, raising its target from $1.33 billion. The Houston-based firm plans to market 70 million shares for $25 to $26 each, up from a previous target of 55.56 million shares at $21 to $24 each, according to a filing with the US Securities and Exchange Commission Monday. At the top of that range, Fervo would have a market value of $7.4 billion based on the outstanding shares listed in its filing. With backing from Bill Gates’ investment firm Breakthrough Energy Ventures and shale oil producer Devon Energy Corp. , Fervo is among a number of energy producers seeking to capitalize on the growing power demand for data centers. The company has about a $7.2 billion potential backlog of contracted revenue from power purchase agreements across its full portfolio, according to the filing. Fervo also has power agreements with Southern California Edison Co. , Alphabet Inc. ’s Google and Shell Plc . Alphabet was part of a $462 million investment round in December. The company’s Cape Station project in Beaver County, Utah, would be one of the world’s largest geothermal projects with 500 megawatts of power. All told, Fervo disclosed 595,900 total leased acres as well as 2.6 gigawatts in advanced development and more than 38 gigawatts in early-stage development. The company uses horizontal drilling and multi-stage hydraulic fracturing to produce geothermal energy at its pilot project and expects to deliver power at its first commercial station by the end of 2026. In its filing, it said it reduced drilling times by approximately 75% from 2022 to 2025, lowering drilling costs by about 70%. Current project costs are about $7,000 per kilowatt, with a long-term target of $3,000 per kilowatt. Fervo had a net loss of $70.5 million on revenue of $138 million in the year ended Dec. 31, 2025, compared with a net loss of $41.1 million on revenue of $199 million a year earli...

(Bloomberg) -- Fervo Energy Co., a geothermal energy developer, is seeking to raise as much as $1.82 billion in a US initial public offering, raising its target from $1.33 billion.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksDrone Hits Ship Near Qatar as US Awaits Iran Peace

Westend61 When to claim Social Security retirement benefits is one of the biggest financial decisions a retiree will make. Some social media influencers recently claimed to have cracked the code on that decision — but experts say the calculation they are using is missing crucial context. Start receiving Social Security retirement benefits at the earliest possible age, 62, some influencers say, since cumulative benefits could be more if started earlier, even though higher monthly checks come with delaying. The idea is based on a "break-even" age — the point at which delaying benefits yields more total income than claiming early. That typically falls in the late 70s or early 80s. Read more CNBC personal finance coverage Used EV sales are surging — how their ownership costs compare to gas cars Trump said $465,000 in retirement savings is 'rich.' Is it? New college grads overestimate starting salaries by nearly $24,000, report finds Should you buy Series I bonds amid higher inflation? What experts say CNBC's Financial Advisor 100: Best financial advisors, top firms ranked The Social Security Administration once provided a break-even analysis for retirement beneficiaries. However, SSA ended that practice in 2008 amid concerns from within the agency, as well as from external stakeholders and researchers, that it may distort claiming decisions. Subsequent research published in 2011 by the Rand Corp., a nonprofit think tank, found that the break-even analysis may have a "very strong effect" in prompting individuals to claim benefits early, which can permanently reduce the size of their monthly checks. Why break-even 'is the wrong framing' One big problem: No one knows when they will die, which makes a break-even analysis imprecise. Moreover, Social Security can be thought of as longevity insurance that can protect you from outliving your savings. "I continue to think a break-even analysis is the wrong framing for considering when to take Social Security retirement benefits,...

magical_light/iStock via Getty Images Many investors, when looking to build a passive income stream from dividend stocks and dividend funds ( SCHD ), often chase the highest yields they can find. In fact, many of them think that if they simply build a broadly diversified portfolio of sky-high yields, the diversification will offset the risk. Therefore, they can live off a high income yield even if a few of them turn out to be major land mines. I myself have been guilty of chasing high yields at times throughout my investing career, even though I have not subscribed to the philosophy of building an entire portfolio out of high-yield funds and stocks without taking the fundamentals of the company and the sustainability of the distribution into account first. Ultimately, I have paid the price for the times I have chased yields to the point of compromising standards for quality and dividend sustainability. In this article, I will detail the one filter that I find to be most important when investing in high-yielding stocks to avoid buying land mines that cut their dividends, leaving investors with painful capital losses. Four Case Studies in Dividend Disasters One of my biggest near-mistakes was investing in Lumen Technologies ( LUMN ), which at the time had a dividend yield of over 10% that was very easily covered by free cash flow. Additionally, while its legacy businesses were declining fairly rapidly, it was also investing aggressively in a pivot to growth opportunities, and managers were speaking in very optimistic terms about the growth potential for the business. Therefore, even though the balance sheet was very leveraged and the core business was shrinking rapidly, I believed that the massive free cash flow coverage would enable them to sustain their $1 per share dividend yield at the time while they pivoted to growth. It would then be on a sustainable footing over time as their business growth levels took off. I almost made a similar mistake with Energy Transfer...

Former Grubhub Executive Brings Proven Sales Leadership to Leading Restaurant Technology Platform CHICAGO, IL / ACCESS Newswire / May 11, 2026 /Smooth Commerce, the restaurant technology company powering direct digital ordering, mobile apps, and loyalty ...

'Starmer Out' Odds (& Gilt Yields) Rise As Embattled UK PM Vows To 'Prove Doubters Wrong' UK Prime Minister Keir Starmer vowed this morning to fight any bid to topple him, insisting he is “not going to walk away” and claiming that the country would never forgive Labour if it indulged in the “chaos” of a leadership contest. “I know that people are frustrated by the state of Britain, frustrated by politics, and some people frustrated with me,” Starmer said in London on Monday. “I know I have my doubters, and I know I need to prove them wrong.” Starmer is fighting to stay in 10 Downing St. after a drubbing in local election results triggered a wave of Labour MPs to call for his departure. He had a brief moment of respite on Monday when a former minister, Catherine West, withdrew her threat to force an immediate leadership contest, though she said she’d still push for a timetable for Starmer’s exit. “I have listened to the prime minister’s speech this morning,” she told the BBC. “I welcome the renewed energy and ideas. However, I have reluctantly concluded that this morning’s speech was too little too late.” Starmer’s speech was light on new policy. The prime minister announced the government would legislate to take full ownership of British Steel, which is already under temporary government control. He also announced more investment in education programs like apprenticeships, technical colleges and in special educational needs. Starmer sharpened his rhetoric against the populist parties who made strong gains at last week’s elections, warning that the country risks going down a “dark path,” as he stood behind a podium that read “Stronger Fairer Britain.” “We are not just facing dangerous times but dangerous opponents,” he said, name-checking both Reform UK leader Nigel Farage and the Greens’ Zack Polanski. “If we don’t get this right our country will go down a very dark path.” Gilts fell, with the 10-year yield rising as much as 8 basis points to the day’s high of 5.00%...

*ST绿康公告，公司股票将于2026年5月12日停牌一天，并于5月13日开市起复牌。自5月13日开市起，公司股票交易撤销退市风险警示及其他风险警示，股票简称由“*ST绿康”变更为“绿康生化”，股票代码仍为“002868”，日涨跌幅限制变更为10%。

K+S Aktiengesellschaft ( KPLUY ): Q1 Non-GAAP EPS of € 0.33. Revenue of € 1.06B. More on K+S Aktiengesellschaft K+S Aktiengesellschaft (KPLUY) Q1 2026 Earnings Call Transcript K+S Aktiengesellschaft 2026 Q1 - Results - Earnings Call Presentation K+S Aktiengesellschaft (KPLUY) Q4 2025 Earnings Call Transcript Quant ratings roundup as fertilizer stocks rally on Middle East supply fears Seeking Alpha’s Quant Rating on K+S Aktiengesellschaft

Here’s Why Artisan Mid Cap Fund Reduced Its Holdings in Astera Labs (ALAB) Yahoo Finance

Artisan Partners, an investment management company, released its first-quarter 2026 investor letter for the “Artisan Mid Cap Fund”. A copy of the letter is available to download here. In Q1 2026, the Artisan Mid Cap Fund reported negative absolute returns but slightly outperformed the Russell Midcap® Growth Index. The market favored lower volatility and income-oriented equities, […]

日本共同社11日援引政府部门的话报道，伊朗战事爆发以来，日本首次从阿塞拜疆购得原油并即将运抵。截至当天，日本剩余石油储备可供国内使用205天。日本经济产业省说，载有阿塞拜疆原油的油轮将于12日抵达神奈川县横滨市，随后运往一家炼油厂。这批原油共约28.3万桶，约合日本一天消费量的12%。按经济产业省的说法，日本原油采购渠道多元化措施已初见成效。（新华社）

Aurania Resources ( ARU:CA ) ( AUIAF ) announced on Monday its intention to complete a non-brokered private placement financing of up to 8.33M units at a price of C$0.18 per unit for aggregate gross proceeds up to approximately C$1.5M. The company has reserved the right to increase the size of the offering by up to 25% of the size of the offering, such that up to an additional 2.08M units may be issued to raise additional gross proceeds of up to approximately C$375,000. The company stated that each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of C$0.35 per warrant share for a period of 24 months following the closing of the offering. The company intends to use the net proceeds from the offering primarily for exploration at the Thor's Valley epithermal gold project in Iceland , the Balangero nickel-cobalt tailings retreatment project in Italy , and for general working capital purposes. In connection with the offering, the company may pay finders' fees to certain eligible finders of up to 7% in cash of the gross proceeds raised in the offering from subscribers introduced to the company by such finders and up to 7% in finders' warrants of the aggregate number of units placed by such finders. Each finder warrant will entitle the holder thereof to purchase one unit at the issue price and will be exercisable for a period of 24 months from the closing of the offering. More on Aurania Resources Ltd. Historical earnings data for Aurania Resources Ltd. Financial information for Aurania Resources Ltd.

在特朗普总统拒绝伊朗提议后油价上涨，美国股指期货基本持平；投资者关注通胀数据以及 Under Armour 和 思科 的财报。 责任编辑：张俊 SF065

Encore Capital ( ECPG ) said on Monday it had planned a private offering of $550M senior secured notes due 2032 to qualified institutional buyers and non-U.S. investors. The company intends to use the offering proceeds, together with borrowings under its revolving credit facility, to redeem in full its outstanding $500M 9.250% senior secured notes due in 2029. Additionally, it plans to redeem €200M of its outstanding €415M senior secured floating rate notes due in 2028 and pay offering-related fees and expenses. Shares +2.02%. More on Encore Capital Encore Capital Group, Inc. 2026 Q1 - Results - Earnings Call Presentation Encore Capital Group, Inc. (ECPG) Q1 2026 Earnings Call Transcript Encore Capital Group, Inc. (ECPG) Presents at 47th Annual Raymond James Institutional Investor Conference - Slideshow Encore Capital GAAP EPS of $3.86 beats by $0.85, revenue of $475.41M beats by $29.15M Encore Capital expects 10% EPS growth to $12 in 2026 while targeting $1.4B–$1.5B in portfolio purchases

It’s a good time to buy AMD’s Ryzen 5600X, as Socket AM4 roars on WePC

注重预算的美国消费者纷纷涌向折扣店，Aldi在2025年增加了1700万美国客户，并计划在2026年再开180家门店；Costco报告3月净销售额为284.1亿美元， Grocery Outlet 则计划关闭36家门店；BJ‘s Wholesale Club和 沃尔玛 旗下的Sam’s Club也表现强劲。 责任编辑：张俊 SF065

《科创板日报》5月11日（记者 郭辉） 中芯国际发行股份购买资产获重组委会议通过。 上交所网站显示，5月11日，上交所并购重组审核委员会2026年第5次审议会议举行，对中芯国际发行股份购买其子公司中芯北方49%股权的交易申请进行审议。审议结果显示，本次交易符合重组条件和信息披露要求。 按照中芯国际此前发布的收购计划，中芯国际拟向国家集成电路产业投资基金股份有限公司、北京集成电路制造和装备股权投资中心（有限合伙）、北京亦庄国际投资发展有限公司、中关村发展集团股份有限公司及北京工业发展投资管理有限公司5名中芯北方股东，发行5.47亿股股份，购买其所合计持有的中芯北方49%的股权，交易价格达406.01亿元。 截至评估基准日，中芯北方所有者权益账面值为418亿元，评估值为828亿元，评估增值410亿元，增值率/溢价率为98.19%。 收购完成后，中芯北方将成为中芯国际全资子公司。 事实上，中芯北方自2013年成立至本次收购前，已纳入中芯国际合并报表范围。2024年度，中芯北方经审计营业收入规模为人民币63.60亿元，占同年中芯国际总营收的11%。2025年，中芯北方未经审计的营收额为130.77亿元。 据了解，中芯北方主要为下游设计厂商提供28nm、40nm及以上多种技术节点的12英寸集成电路晶圆代工及配套服务，月产能7.5万片，是中芯国际重要的12英寸晶圆代工厂。 工艺平台方面，中芯北方覆盖图像传感器、高压驱动、嵌入式非挥发性存储、非易失性存储、逻辑电路、低功耗逻辑电路、混合信号/射频等领域。 2025年1-8月，中芯北方产能利用率已达100.76%，反映其订单覆盖情况良好。 中芯国际表示，本次交易完成后，上市公司将进一步增强其对中芯北方的控制力，并继续发挥在资金、市场、经营管理方面的协同。 同时，上市公司与中芯北方将在现有基础上，将持续推进境内外市场和客户的拓展、加快逻辑及差异化特色工艺技术平台的优化、不断提升客户服务水平，持续优化生产运营管理，不断强化自身竞争力，为更多的境内外客户提供更加优质、创新的集成电路晶圆代工及配套服务。 在中芯北方未来的发展规划方面，中芯国际在今年4月向上交所提交的问询回复中表示， 后续中芯北方的资本性支出主要系为顺应市场走向与行业变化趋势、增加标的公司弹性产能调配能力的产线设备更新、维护等维持性的支出，不涉及新建产线、大规模产能扩张方面的...

中芯國際406億併購獲批！中芯北方將成全資子公司，標的估值溢價近一倍 富途牛牛

中芯國際406億併購獲批！中芯北方將成全資子公司，標的估值溢價近一倍 Moomoo

格隆汇5月11日｜*ST绿康(002868.SZ)公告称，公司撤销退市风险警示及其他风险警示的申请已获得深圳证券交易所审核同意。根据规定，公司股票将于2026年5月12日（星期二）开市起停牌1天，于2026年5月13日（星期三）开市起复牌，股票简称由“*ST绿康”变更为“绿康生化”，股票代码仍为“002868”，股票交易价格日涨跌幅限制变更为10%。

Lichtwolke/iStock via Getty Images Main Thesis & Background The purpose of this article is to recap the S&P 500's performance since my bullish review in March and plan ahead for what is to come in the summer trading season. Importantly, when we were in the midst of the sell-off a few months ago, I thought the timing was ripe for a rebound. Looking back, this was definitely the right call: Prior Article (March 30th) (Seeking Alpha) A "pat on the back" is certainly warranted here - but after that - we need to decide what to do now. In this vein, I am writing this piece to help justify why I feel staying long this market remains the right course. It would be tempting to view this rebound as fleeting and to see a correction around the corner. That could happen of course. But I see some fundamental reasons for continued strength in this market, especially amongst large-cap US stocks (as measured by the S&P 500). The purpose of this review is to explain what I like about the current backdrop and hopefully give my followers confidence for the months ahead. US Tech Is Actually Not Expensive A primary factor for my outlook right now is valuation. And here is where the story may get surprising. Despite the Mag 7 leading the market, the forward P/E for this cohort is actually quite reasonably priced. I'm not talking about on the surface with its P/E on a stand-alone basis. But rather how it compares to the rest of the market. Its valuation compared against the other 493 stocks in the S&P 500 shows that the Mag 7 generally trades at a higher premium than it currently is now: Mag 7 Valuation Compared To Rest Of The S&P 500 (Yahoo Finance) This probably begs the question - how is this possible? Well, the answer is earnings are rising and rising fast. While corporate America as a whole has had a fairly strong Q1 earnings season (in aggregate), the Mag 7 has been the dominant force by a wide margin. This shows up in the Info Tech sector (which houses most of the Mag 7), as well as ...