Vicki L. Sato, Chairman of the Board of Directors of Vir Biotechnology (NASDAQ:VIR) , reported the sale of 22,000 shares of common stock for a total value of approximately $221,000 according to a SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price ($10.05). * 1-year price change calculated using May 1, 2026 as the reference date. Continue...
Vicki L. Sato, Chairman of the Board of Directors of Vir Biotechnology (NASDAQ:VIR) , reported the sale of 22,000 shares of common stock for a total value of approximately $221,000 according to a SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price ($10.05). * 1-year price change calculated using May 1, 2026 as the reference date. Continue reading
Stockholders of nuclear start-up Oklo (NYSE: OKLO) have a good reason to cheer right now. After a disastrous first quarter, in which the company's share price fell more than 30%, the stock is once again trading in positive territory for the year (barely). Oklo began the year with a bang, skyrocketing 47% in the first full week of January. But over the next few months, its price dropped steadily , ...
Stockholders of nuclear start-up Oklo (NYSE: OKLO) have a good reason to cheer right now. After a disastrous first quarter, in which the company's share price fell more than 30%, the stock is once again trading in positive territory for the year (barely). Oklo began the year with a bang, skyrocketing 47% in the first full week of January. But over the next few months, its price dropped steadily , hitting a low of just $45.58/share on March 30. From there, it took off again, soaring 75% from that low to hit $79.62/share on May 6. As of Thursday's close, it was trading at $72.21/share, for an overall gain of 0.7% for the year. So, investors who bought shares in late March are happy, but those who bought in mid-January are likely less enthused. But how have longer-term investors fared? If you'd invested $10,000 in Oklo a year ago, how much would you have today? Continue reading
bopav Lumentum Holdings (LTE) is set to join the Nasdaq-100 ( NDX ) Index, replacing the real estate services provider CoStar Group ( CSGP ) later this month, Nasdaq Global Indexes said late Friday. The index, which tracks the largest nonfinancial firms listed on the Nasdaq Stock Market, will add the photonics and optical technology company to its constituents before the market opens on May 18, 20...
bopav Lumentum Holdings (LTE) is set to join the Nasdaq-100 ( NDX ) Index, replacing the real estate services provider CoStar Group ( CSGP ) later this month, Nasdaq Global Indexes said late Friday. The index, which tracks the largest nonfinancial firms listed on the Nasdaq Stock Market, will add the photonics and optical technology company to its constituents before the market opens on May 18, 2026. With the Nasdaq-100 Index ( NDX ) being tracked by over 200 investment products whose global assets under management exceed $600B, the addition marks a pivotal moment for Lumentum ( LITE ), which joined the S&P 500 ( SP500 ) index last March. The company has witnessed more than a 10-fold rise in its value over the past 12 months, while CoStar Group ( CSGP ) has shed nearly 57% amid competitive concerns and challenges in the residential market. More on Lumentum, CoStar Group, etc. April Jobs Report: Scratch This Surface I Traced The AI Capex, And Found 6 Profit Pools (One Is An Asymmetric Bet) Weekly Indicators: AI Is Powering Corporate Profits, Stock Prices, And Consumer Spending Seoul steals the show: KOSPI rockets 48%, leaves Nikkei and Nasdaq trailing Lumentum continues to see demand exceeding supply, prompting positive feedback from analysts
mohd izzuan S&P 500 earnings accelerated this week with over 125 index members reporting. Key companies such as Disney ( DIS ), Cheniere Energy ( LNG ), Advanced Micro Devices ( AMD ), and Berkshire Hathaway ( BRK.B ), and others provided a window into corporate margins and sector health amid changing economic conditions. Earnings Roundup: Bottom Line: Out of the 125 companies reporting, 110 excee...
mohd izzuan S&P 500 earnings accelerated this week with over 125 index members reporting. Key companies such as Disney ( DIS ), Cheniere Energy ( LNG ), Advanced Micro Devices ( AMD ), and Berkshire Hathaway ( BRK.B ), and others provided a window into corporate margins and sector health amid changing economic conditions. Earnings Roundup: Bottom Line: Out of the 125 companies reporting, 110 exceeded EPS expectations, 13 fell short, and 2 met estimates. Notably, 103 firms posted year-over-year earnings growth. Top Line: Performance remained robust on the revenue front, with 100 companies topping estimates while 25 missed. On a year-over-year basis, 109 of the companies reported revenue expansion. Seeking Alpha (Seeking Alpha) Let’s take a look at some of the companies that reported earnings this week: Advanced Micro Devices ( AMD ) led the technology charge with a robust revenue beat of $10.3 billion and an adjusted EPS of $1.37, supported by a 57% surge in Data Center sales and a Q2 revenue outlook of $11.2 billion. Pfizer ( PFE ) reported $14.45 billion in revenue and an adjusted EPS of $0.75, reaffirming its full-year guidance. Gilead Sciences ( GILD ) surpassed expectations with $7.0 billion in revenue and raised a full-year product sales target of up to $30.4 billion. Disney ( DIS ) maintained its momentum by reporting $25.17 billion in revenue and raising its annual EPS growth target to 12%. Palantir ( PLTR ) delivered an explosive 85% year-over-year revenue jump to $1.63 billion alongside a raised 2026 outlook. McDonald's ( MCD ) topped forecasts with $6.52 billion in revenue and $2.83 EPS, driven by strategic pricing. Uber ( UBER ) reported largely in-line results with $13.20 billion in revenue and an EPS of $0.72. The energy sector faced more volatility. Occidental Petroleum ( OXY ) delivered a strong earnings beat of $1.06 EPS but missed on revenue at $5.11 billion. Cheniere Energy ( LNG ) reports a top-line beat of $5.87 billion while raising its 2026 EBI...
About 100 ships that are either registered in Hong Kong or locally managed or owned are stranded in the strategic Strait of Hormuz amid the United States and Israel’s war with Iran, accounting for an estimated 2,300 trapped seafarers, an industry leader has said. Richard Hext, chairman of the Hong Kong Shipowners Association, told the South China Morning Post on Friday that it was very risky to sa...
About 100 ships that are either registered in Hong Kong or locally managed or owned are stranded in the strategic Strait of Hormuz amid the United States and Israel’s war with Iran, accounting for an estimated 2,300 trapped seafarers, an industry leader has said. Richard Hext, chairman of the Hong Kong Shipowners Association, told the South China Morning Post on Friday that it was very risky to sail vessels through the strait due to the risk of attack, even though the US and Iran had recently...
Adamkaz | E+ | Getty Images Building up a large balance in a health savings account can be a smart financial move to cover medical expenses in old age. But dying with a hefty HSA can pose tax problems for heirs — specifically, non-spouse heirs like children, grandchildren, friends and others, according to financial planners. It's the "big unknown" that people don't understand about the tax-advanta...
Adamkaz | E+ | Getty Images Building up a large balance in a health savings account can be a smart financial move to cover medical expenses in old age. But dying with a hefty HSA can pose tax problems for heirs — specifically, non-spouse heirs like children, grandchildren, friends and others, according to financial planners. It's the "big unknown" that people don't understand about the tax-advantaged accounts, said Carolyn McClanahan, a certified financial planner and founder of Life Planning Partners in Jacksonville, Florida. The good news is: There are some ways to avoid the snafu. The HSA tax problem HSAs offer a three-pronged opportunity for tax savings: Contributions and growth are tax-free; withdrawals are, too, as long as used for qualifying medical expenses like doctor visits and prescriptions. Consumers can only contribute to the accounts if they have a high-deductible health insurance plan . watch now VIDEO 5:04 05:04 Americans drop health care insurance coverage as premiums surge Markets and Politics Digital Original Video Financial advisors often recommend that users invest their contributions for the long term if they can afford to pay for medical care out of pocket rather than raid their HSA. Account holders who treat their HSA this way can build a sizable balance, as with other investment accounts like 401(k)s that receive regular contributions and growth. McClanahan, a member of CNBC's Financial Advisor Council , said one of her clients had a $600,000 HSA, for example. Why large HSAs can pose a tax problem after death The tax rules are straightforward when it comes to spouses who inherit an HSA from a deceased account holder: the rules are essentially the same. The account transfer isn't taxable, and the surviving spouse can continue to take tax-free distributions from the account for qualified medical expenses. However, that's not true for non-spouse beneficiaries who inherit HSAs. Read more CNBC personal finance coverage Used EV sales are surging —...
Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role as the ultimate guarantor against risks posed by stablecoins, said European Central Bank Governing Council member José Luis Escrivá. “Recent developments in artificial intelligence force us to reassess the robustness of our financial infrastructure and our cy...
Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role as the ultimate guarantor against risks posed by stablecoins, said European Central Bank Governing Council member José Luis Escrivá. “Recent developments in artificial intelligence force us to reassess the robustness of our financial infrastructure and our cybersecurity,” Escrivá, who’s also Bank of Spain governor, said at an event in Tarragona on Saturday. Anthropic ’s Mythos model has sparked global fears of a new era of cyberattacks. The AI platform — developed by the San Francisco-based company — is a source of concern for regulators, central bankers and corporate executives, who are looking to gain more insight into the new tool because it hasn’t been widely released. There’s also a sense that financial systems outside the US, including those in Europe, are at a disadvantage because they have limited access. “We are living through an unprecedented wave of technological change that’s redefining the very fabric of our economies, but also bringing new risks,” Escrivá said. Those dangers also include the potential implications of private stablecoins, he added. “Private stablecoins, by their nature, cannot anchor the monetary system: their stability rests on contingent confidence in their backing, and that confidence can vanish at the very moment it’s most needed,” Escrivá said. “What central banks provide — and what no private instrument can substitute — is the ultimate anchor of trust on which financial systems rest.” Read more: Lagarde Sees Euro-Stablecoin Risks for Banking, Monetary Policy ECB President Christine Lagarde also warned Friday about the risks of stablecoins. The financial instruments are mostly pegged to the US dollar and have surged in popularity over the past year as a way to move money across borders and bypass traditional payment systems. Their rise has prompted questions over whether Europe needs its own v...
Spaniard will leave Bournemouth at end of the season Chelsea and other Premier League sides also interested Crystal Palace are stepping up their attempts to convince Bournemouth’s Andoni Iraola to take over from Oliver Glasner and are set to offer him a lucrative three-year contract. It is understood that Palace have made Iraola, who confirmed last month that he will be leaving Bournemouth at the ...
Spaniard will leave Bournemouth at end of the season Chelsea and other Premier League sides also interested Crystal Palace are stepping up their attempts to convince Bournemouth’s Andoni Iraola to take over from Oliver Glasner and are set to offer him a lucrative three-year contract. It is understood that Palace have made Iraola, who confirmed last month that he will be leaving Bournemouth at the end of the season, their preferred target and held initial talks with the Spaniard’s camp in the past few weeks. Continue reading...
On May 8, 2026, CTONE held its AI Computing Strategy Transformation and New Product Launch Event in Shenzhen, officially announcing its transition from a "global leader in Mini PCs" to a "builder of the AI computing ecosystem," and unveiling the CTONE Agent Computer and AI Agent Workstation series.
On May 8, 2026, CTONE held its AI Computing Strategy Transformation and New Product Launch Event in Shenzhen, officially announcing its transition from a "global leader in Mini PCs" to a "builder of the AI computing ecosystem," and unveiling the CTONE Agent Computer and AI Agent Workstation series.
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court Authored by Thomas Brooke via Remix News, A hotel in the Austrian city of Salzburg is defending its refusal to allow two women to use its pool while wearing burkinis, arguing that the decision was based on hygiene concerns rather than discrimination. The case is now before the Salzburg Administrative Court...
Austrian Hotel Defends Burkini Pool Ban As Hygiene Dispute With Muslim Guests Heads To Court Authored by Thomas Brooke via Remix News, A hotel in the Austrian city of Salzburg is defending its refusal to allow two women to use its pool while wearing burkinis, arguing that the decision was based on hygiene concerns rather than discrimination. The case is now before the Salzburg Administrative Court after the operators of the hotel in Pongau appealed fines imposed by the district authority, according to Salzburger Nachrichten . Boshra and Jasmina Amasha, two sisters from Upper Austria, had booked a short wellness break at the hotel on Oct. 25 last year. They arrived early with the intention of using the swimming pool before going hiking. The dispute started at reception when one of the women mentioned that she was going to retrieve her burkini from the car. Staff told her that burkinis were not allowed in the hotel pool, a decision that was upheld after a phone call with the hotel manager. The hotel manager later confirmed in court that women wearing burkinis were not welcome in the pool. She said the policy was linked to hygiene, arguing that longer fabric could carry bacteria into the water. She acknowledged that she did not have scientific evidence to support that concern, but said the hotel also operated as a spa and had to place particular emphasis on cleanliness, especially because many older guests used the facilities. The hotel’s co-manager also told the court that there was no formal written swimwear policy, but said long swimwear could have a negative effect on water hygiene. He added that the hotel had also previously asked guests wearing long swimming shorts to change. The sisters reject the hygiene explanation. Jasmina Amasha said the phone conversation was not presented to them as a technical discussion about pool standards, but instead included remarks such as, “Here in Austria, we have to adapt,” and, “We could go swimming in Saudi Arabia wearing a bur...