Vodafone Group Plc is working on a proposal to shore up the capital of its listed Indian affiliate, as the venture seeks to turn over a new leaf after the Indian government cut a bill for outstanding spectrum fees, people with knowledge of the matter said. The UK telecom company, which owns 19% of Mumbai-listed Vodafone Idea Ltd. , is considering transferring part of its shareholding to the Indian...
Vodafone Group Plc is working on a proposal to shore up the capital of its listed Indian affiliate, as the venture seeks to turn over a new leaf after the Indian government cut a bill for outstanding spectrum fees, people with knowledge of the matter said. The UK telecom company, which owns 19% of Mumbai-listed Vodafone Idea Ltd. , is considering transferring part of its shareholding to the Indian company to hold in treasury, the people said. The share transfer would take place in lieu of Vodafone injecting more cash into the Indian business, according to the people. The move would bolster the balance sheet of loss-making Vodafone Idea and facilitate its current efforts to raise debt, the people said, asking not to be identified because the information is private. Vodafone Idea could then sell down the shares at a later date, giving it additional capital to pay the government dues as well as invest in future growth as it seeks to claw back market share from rivals like Reliance Jio Infocomm Ltd. Vodafone Idea is in talks with lenders to borrow about 350 billion rupees ($3.7 billion), the people said. CNBC-TV18 reported the debt talks earlier, saying State Bank of India is likely to lead a lending consortium. A majority of the debt will be through term loans, the people said. The Indian government is Vodafone Idea’s largest shareholder with 49%, while billionaire Kumar Mangalam Birla ’s Aditya Birla Group also has a minority stake. Vodafone Idea’s shares have climbed about 68% over the past 12 months, giving the company a market value of $12.9 billion. Details of the proposal are still being worked out and the structure of a deal could change, the people said. A spokesperson for Vodafone declined to comment, while a representative for Vodafone Idea didn’t immediately respond to queries. Read More: India Caps Past Dues of Vodafone’s Local Unit at $6.7 Billion
Ratana21/iStock via Getty Images CoreWeave: A Blockbuster Revenue Backlog Wasn't Enough For The Market? A blockbuster earnings release was just issued by the only Platinum-related neocloud on SemiAnalysis ClusterMAX’s ranking board. ClusterMAX ranking chart (SemiAnalysis) I’m sure you know very well which company I’m referring to: CoreWeave, Inc. ( CRWV ). Yet, the market is sending CRWV bulls spr...
Ratana21/iStock via Getty Images CoreWeave: A Blockbuster Revenue Backlog Wasn't Enough For The Market? A blockbuster earnings release was just issued by the only Platinum-related neocloud on SemiAnalysis ClusterMAX’s ranking board. ClusterMAX ranking chart (SemiAnalysis) I’m sure you know very well which company I’m referring to: CoreWeave, Inc. ( CRWV ). Yet, the market is sending CRWV bulls sprawling for cover, as we speak. The stock is down an unceremonious -8% in pre-market trading (after already falling >6% on Thursday). CoreWeave Q1 earnings disappointment (Bloomberg) It’s as if the market is sending a rebuke to the AI infrastructure cloud. The media will almost certainly allude to that narrative, as we can glean from the above commentary. However, what they may not inform you (at least not so openly), is that CRWV has already surged well over 100% in the past one year. That’s one. Next, the stock has also outperformed technology sector peers (58% total return in the past 1Y) hands down. That’s two. CoreWeave backlog (CoreWeave) Third, and probably the most significant metric in CoreWeave’s history, is that the backlog has almost crossed the $100 billion mark, an almost unbelievable mark when compared to what we saw just one year ago. It was $26B back then. So, the growth is almost 300%. I upsized it slightly for simplicity’s sake. Where’s the AI bubble that we have heard of since I don’t know when? And as I pen this update, I think I’ve been hearing that bubbly word less in recent times. I'm guessing these doomsayers appear to be finally cognizant of their folly, and willing to cast aside their disbelief for good. Back in my last CRWV writeup , I pointed out clearly why I believe the moment to upgrade the stock was opportune. I saw the deals that the neocloud inked with Meta ( META ) and Anthropic ( ANTHRO ) as highly significant. The accelerated rush to build will arguably become the most pivotal growth lever for CoreWeave, not just into 2027, but also thro...
quantic69/iStock via Getty Images The results from CoreWeave's ( CRWV ) Q1 2026 earnings provided additional evidence that the company is transitioning from being primarily an AI narrative play to building out hyperscale-level infrastructure. The quarter saw revenues jump 112% year over year to $2.1 billion, with backlog nearing the $100 billion level and now inference workloads accounting for ove...
quantic69/iStock via Getty Images The results from CoreWeave's ( CRWV ) Q1 2026 earnings provided additional evidence that the company is transitioning from being primarily an AI narrative play to building out hyperscale-level infrastructure. The quarter saw revenues jump 112% year over year to $2.1 billion, with backlog nearing the $100 billion level and now inference workloads accounting for over half of platform usage. Investors have been focusing on softening the near-term guidance and the increase in interest expense but in my view this is more of an operations story and if CoreWeave is able to execute and hit its targeted exit run rate of $18-$19 billion of 2026 ARR, today's cost of capital could decline sharply against revenue growth, positioning the firm as one of AI's critical infrastructure layers. CoreWeave’s Growth Engine Is Accelerating But The Bottleneck Changed Q1 revenue reached $2.08 billion, rising 112% year over year and 32% sequentially, signaling that CoreWeave’s deployment pace is accelerating rather than slowing. Operating cash flows surpassed $2.98 billion and while this seems hard to believe given the extremely bearish sentiment around the stock, investors are instead putting a lot more emphasis on the softening of Q2 revenue guidance and management choosing not to raise the FY '26 outlook, despite many analysts expecting the opposite. To be fair, it's hard to blame anyone because it had started to seem like AI infrastructure names simply raised their revenue guidance each quarter automatically. However, the reality is that CoreWeave is no longer growing like a software company because of the revenue recognition process. Revenues for this company depend entirely on powered shell capacity availability and timing of workloads getting deployed, with additional constraints such as networking completion and labor availability needed to turn infrastructure into actual revenue. These dynamics are incredibly critical when evaluating CoreWeave's pros...
anyaberkut/iStock via Getty Images Foreign real estate stocks present a starkly divided picture right now, and Seeking Alpha's Quant Rankings make that division impossible to ignore. Of the six companies on the list, only one earns a bullish rating: Hong Kong-based Sun Hung Kai Properties ( SUHJY ), which sits atop the rankings with a Strong Buy score of 4.76, a reflection of its dominant position...
anyaberkut/iStock via Getty Images Foreign real estate stocks present a starkly divided picture right now, and Seeking Alpha's Quant Rankings make that division impossible to ignore. Of the six companies on the list, only one earns a bullish rating: Hong Kong-based Sun Hung Kai Properties ( SUHJY ), which sits atop the rankings with a Strong Buy score of 4.76, a reflection of its dominant position in one of Asia's most resilient property markets. The remaining five stocks span a wide rating gap, from Hold to outright Sell, underscoring just how uneven the global real estate landscape looks through a quantitative lens, with Chinese, Mexican, British, and German names all struggling to match the fundamentals of the lone frontrunner. KE Holdings Inc. ( BEKE ) from China and Corporación Inmobiliaria Vesta ( VTMX ) from Mexico hold the second and third positions, though both carry Hold ratings. Notably, Vonovia SE ( VONOY ), the German residential real estate operator, sits at the bottom of the list with a Sell rating of 2.39. Here is the list: Sun Hung Kai Properties Limited ( SUHJY ), Quant Rating: 4.76 KE Holdings Inc. ( BEKE ), Quant Rating: 3.16 Corporación Inmobiliaria Vesta, S.A.B. de C.V. ( VTMX ), Quant Rating: 3.01 Cushman & Wakefield Limited ( CWK ), Quant Rating: 2.93 Henderson Land Development Company Limited ( HLDCY ), Quant Rating: 2.70 Vonovia SE ( VONOY ), Quant Rating: 2.39 More on Cushman & Wakefield, KE Holdings, etc. Cushman & Wakefield Limited (CWK) Q1 2026 Earnings Call Transcript Vonovia SE 2026 Q1 - Results - Earnings Call Presentation Cushman & Wakefield: An AI-Driven Selloff Creates Opportunity Vesta launches global public offering of 70M shares Cushman & Wakefield Non-GAAP EPS of $0.15 beats by $0.02, revenue of $2.5B beats by $40M
Star Wars actor later deleted post and apologized, saying president should live ‘long enough to be held accountable’ US politics live – latest updates The White House has branded Star Wars actor Mark Hamill “a sick individual” after an AI-generated image showing Donald Trump in a shallow grave, with the words “If Only” as an overlay was posted to one of star’s social media accounts. Hamill, who pl...
Star Wars actor later deleted post and apologized, saying president should live ‘long enough to be held accountable’ US politics live – latest updates The White House has branded Star Wars actor Mark Hamill “a sick individual” after an AI-generated image showing Donald Trump in a shallow grave, with the words “If Only” as an overlay was posted to one of star’s social media accounts. Hamill, who played the lead character of Luke Skywalker in six movies of the iconic science fiction franchise and is a longtime critic of the US president, apologized and removed the post from his Bluesky account on Thursday. Continue reading...
Natalia_80/iStock via Getty Images The release of Disney’s ( DIS ) FQ2 earnings Wednesday capped off what can only be described as an eventful week for the company. I wanted to update my thesis, almost every key element of which has been impacted by one or more pieces of Disney’s latest news. The Strange Way Disney Counts Entertainment I’ll start with the latest numbers . The market liked them, an...
Natalia_80/iStock via Getty Images The release of Disney’s ( DIS ) FQ2 earnings Wednesday capped off what can only be described as an eventful week for the company. I wanted to update my thesis, almost every key element of which has been impacted by one or more pieces of Disney’s latest news. The Strange Way Disney Counts Entertainment I’ll start with the latest numbers . The market liked them, and even I, a longtime Disney bear, didn’t think they were half-bad. Disney grew the top and bottom-line, with Entertainment reporting the biggest percentage increase even though Parks, which also grew, remains far and away the dominant income generator of the company. Sports continue to decline, and that decline is even more striking when considering that it includes the acquisition of the NFL Network, which has a significant positive operating margin. Without it, Sports would have been even worse. I do want to sound one note of caution here: Disney’s Entertainment segment includes its movie division, which can make it somewhat more volatile than Sports and mask underlying trends. In FQ2 Disney reported growth of $88 million Y/Y in Entertainment operating income. Not surprising since Disney’s two biggest movies of 2025 were still screening in FQ2, and it released Hoppers , the best performing original animation movie since 2017 , this quarter as well. In fact, my movie-profitability formula suggests that Zootopia and Avatar alone probably generated $122 million in operating income this quarter, while last year the disaster of Snow White and the lackluster Captain America swamped the profits from ’24 carryovers Moana and Mufasa and probably had Disney’s theatrical in the red that quarter. So the movie swing alone probably accounts for more than 100% of Entertainment’s growth. This suggests that the underlying trend in Entertainment may remain negative, much like Sports, as cord-cutting continues to pressure Disney’s legacy businesses. Streaming Is Strong, But Can It Carry Lin...