In this article STLA STLA Follow your favorite stocks CREATE FREE ACCOUNT Ram Rumble Bee launches with the 5.7-liter Hemi V-8 (left), with availability starting late 2026; Rumble Bee 392 (right) and Rumble Bee SRT (center) arrive in the first half of 2027. Courtesy: Ram Trucks AUBURN HILLS, Mich. — Stellantis plans to increase its North American sales by 35% by 2030, including by reviving its bele...
In this article STLA STLA Follow your favorite stocks CREATE FREE ACCOUNT Ram Rumble Bee launches with the 5.7-liter Hemi V-8 (left), with availability starting late 2026; Rumble Bee 392 (right) and Rumble Bee SRT (center) arrive in the first half of 2027. Courtesy: Ram Trucks AUBURN HILLS, Mich. — Stellantis plans to increase its North American sales by 35% by 2030, including by reviving its beleaguered Chrysler brand that has relied on one product for several years. The expected growth, focused on its traditional U.S. brands, is targeting 60% sales increases for Chrysler and Ram Trucks; 10% for its Dodge performance brand; and 15% for Jeep. It did not disclose targets for Fiat or Alfa Romeo, which are also sold minimally in North America. Ram CEO Tim Kuniskis , who also oversees its other American brands, said the target is to increase the American brand sales from 1.4 million last year to 1.9 million in 2030, despite expectations of industry volume being flat during that timeframe at 20 million vehicles overall. Stellantis plans to do so largely through new vehicle introductions that extend the company's market coverage, Kuniskis said Thursday during an investor event where the company announced a new five-year, 60 billion euros (US$69.7 billion) turnaround plan under CEO Antonio Filosa. "We're not choosing between growth and profitability. We will improve both together," Filosa said Thursday about the company's North American operations. watch now VIDEO 1:32 01:32 Stellantis unveils strategic plan: Here's what to know Squawk Box The North American sales plan includes increasing models by 50%, with a focus on entry-level and high-performance bookends. The automaker also intends to increase revenue for the region by 25% by 2030, with an adjusted operating margin of between 8% and 10%. Stellantis expects to increase the number of "affordable" vehicles under $40,000 it offers from two to nine by 2030, while also offering eight new SRT performance models to increase ...
Tsakos Energy Navigation (NYSE:TEN) reported sharply higher first-quarter 2026 results, with executives saying geopolitical disruptions and strong underlying tanker fundamentals drove higher utilization, stronger rates and increased profit-sharing revenue. Chairman Efstratios-Georgios Arapoglou said the company’s portfolio-based operating model “has proved it works in good and in bad markets,” cit...
Tsakos Energy Navigation (NYSE:TEN) reported sharply higher first-quarter 2026 results, with executives saying geopolitical disruptions and strong underlying tanker fundamentals drove higher utilization, stronger rates and increased profit-sharing revenue. Chairman Efstratios-Georgios Arapoglou said the company’s portfolio-based operating model “has proved it works in good and in bad markets,” citing sustainable profitability, rising dividends and a cash buffer that remains “well above $350 million.” He said the company has booked upfront revenues for the next two years of $3.6 billion across time charters and profit-sharing arrangements. Founder and CEO Nikolas P. Tsakos said the first quarter reflected both strong market fundamentals and the early effects of geopolitical disruptions, adding that the current second quarter is benefiting more fully from those market effects. “It looks like it’s going to be a much stronger quarter either than this record quarter because of geopolitical effects,” Tsakos said. First-Quarter Earnings Rise on Higher Rates and Utilization CFO Theoharrys E. Kosmatos said TEN generated voyage revenues of $253 million in the first quarter, up $56 million from the same period in 2025. Fleet utilization rose to 98.3% from 97.2% a year earlier, with each quarter including two vessels undergoing scheduled dry dockings. The company’s time charter equivalent rate reached nearly $41,000 per ship per day, compared with about $31,000 per day in the first quarter of 2025, a 33% increase. Kosmatos said the reduction in vessels operating in the spot market helped lower voyage expenses by $6.2 million to $29.8 million. Vessel operating expenses were $53.3 million, up from $49.6 million a year earlier, reflecting a larger fleet. Operating expenses per ship per day were $9,952, which Kosmatos described as “still competitive” and approximately one-fourth of the TCE rate. Operating income was just under $110 million, compared with $57 million in last year’s ...
Navios Maritime Partners (NYSE:NMM) reported higher first-quarter 2026 earnings and revenue, while management emphasized fleet renewal, a growing contracted revenue backlog and the potential market impact of disruptions around the Strait of Hormuz. Chairwoman and Chief Executive Officer Angeliki Frangou said the company generated net income of $106.3 million and EBITDA of $212.7 million in the qua...
Navios Maritime Partners (NYSE:NMM) reported higher first-quarter 2026 earnings and revenue, while management emphasized fleet renewal, a growing contracted revenue backlog and the potential market impact of disruptions around the Strait of Hormuz. Chairwoman and Chief Executive Officer Angeliki Frangou said the company generated net income of $106.3 million and EBITDA of $212.7 million in the quarter. Earnings per common unit were $3.64, and the company announced a quarterly distribution of $0.06 per unit. Frangou said the quarter unfolded against what she described as a “New World Order” in which trade is increasingly shaped by national security considerations and governments’ efforts to control strategic supply chains. She said the Iranian conflict had focused global attention on the Strait of Hormuz, which she called “a vital artery” for LNG, crude oil, refined products and fertilizers. “We expect this conflict to have lasting implications on trade as countries and companies look to reduce their exposure to these choke points and diversify supply routes to safer areas,” Frangou said, adding that it was too early to assess the long-term impact. Revenue Rises as Charter Rates Improve Chief Financial Officer Erifyli Tsironi said total revenue for the first quarter rose 17% to $357 million from $304 million in the same period of 2025. The increase was driven by a higher combined time charter equivalent rate despite fewer available days. The company’s combined TCE rate increased 21% to $25,679 per day, while available days fell 3% to 13,104. Tsironi said TCE rates improved across all three segments: Dry bulk TCE increased 39% to $17,632 per day. Tanker TCE increased 23% to $32,209 per day. Container TCE increased 4% to $31,696 per day. Adjusted EBITDA increased by $51 million to $204 million compared with the first quarter of 2025, primarily due to the $53 million increase in revenue, partially offset by a $2 million increase in general and administrative expenses. A...
NIO (NYSE:NIO) reported sharply higher first-quarter deliveries and revenue, with management pointing to stronger margins, a broader product cycle and continued investment in battery-electric vehicle technology as key themes for 2026. On the company’searnings call William Li, NIO’s founder, chairman and chief executive officer, said the company delivered 83,465 smart electric vehicles in the first...
NIO (NYSE:NIO) reported sharply higher first-quarter deliveries and revenue, with management pointing to stronger margins, a broader product cycle and continued investment in battery-electric vehicle technology as key themes for 2026. On the company’searnings call William Li, NIO’s founder, chairman and chief executive officer, said the company delivered 83,465 smart electric vehicles in the first quarter, up 98.3% from a year earlier. By brand, the NIO brand delivered 58,543 vehicles, ONVO delivered 13,339 vehicles and Firefly delivered 11,583 vehicles. Li said the NIO brand maintained its leadership in China’s battery-electric vehicle segment priced above RMB 300,000, while Firefly ranked first in China’s high-end small car segment. He also said April deliveries totaled 29,356 vehicles, up 22.8% year over year. Looking ahead, Li said the company’s three brands have entered an “intensive product launch and delivery cycle” beginning in the second quarter, which he said is expected to support continued delivery growth. According to the call transcript, management said it expects second-quarter deliveries to range between 11,000 and 11,500 units, representing year-over-year growth of 52.7% to 59.6%. Revenue More Than Doubles as Margins Improve Stanley Qu, NIO’s chief financial officer, said total first-quarter revenue reached RMB 25.5 billion, up 112.2% year over year but down 26.3% from the prior quarter. Vehicle sales were RMB 22.8 billion, up 129.2% from a year earlier and down 27.9% sequentially. Qu attributed the year-over-year increase in vehicle sales to higher deliveries and a higher average selling price, driven by a favorable product mix. The sequential decline was mainly due to fewer deliveries. Vehicle margin rose to 18.8%, compared with 10.2% in the prior-year quarter and 18.1% in the fourth quarter. Overall gross margin increased to 19%, compared with 7.6% a year earlier and 17.5% in the previous quarter. Qu said the margin gains were driven by a more fa...
Himalaya Shipping (NYSE:HSHP) reported a first-quarter profit as higher charter earnings lifted revenue and operating cash flow, while management said it remains positioned for strength in the Capesize and Newcastlemax dry bulk markets. Chief Executive Officer Lars-Christian Svensen said the company generated net profit of $5 million and EBITDA of $24.5 million in Q1 2026. Time Charter Equivalent,...
Himalaya Shipping (NYSE:HSHP) reported a first-quarter profit as higher charter earnings lifted revenue and operating cash flow, while management said it remains positioned for strength in the Capesize and Newcastlemax dry bulk markets. Chief Executive Officer Lars-Christian Svensen said the company generated net profit of $5 million and EBITDA of $24.5 million in Q1 2026. Time Charter Equivalent, or TCE, earnings were approximately $32,300 per day for the quarter. The company declared total cash distributions of $0.18 per share for January, February and March. In subsequent events, Svensen said Himalaya achieved TCE earnings of about $41,600 per day in April 2026 and declared a $0.15 per-share cash distribution for that month. Revenue Rises on Higher Charter Earnings Chief Financial Officer Vidar Hasund said Himalaya reported earnings per share of $0.11 for Q1 2026, compared with a net loss of $6.4 million, or $0.14 per share, in Q1 2025. Operating profit rose to $17.2 million from $6.5 million a year earlier, while EBITDA increased from $13.8 million. Operating revenue was $33.6 million, compared with $22 million in the same quarter last year. Hasund attributed the increase to higher TCE earnings, which rose from $21,100 per day in Q1 2025 to $32,300 per day in Q1 2026. Vessel operating expenses increased to $7.4 million from $6.9 million a year earlier, primarily due to higher crew spares, service fees and insurance costs. Average operating expense per day was $6,800, compared with $6,400 in Q1 2025. General and administrative expenses were $1.2 million, compared with $1.1 million a year earlier. Interest expense declined by $0.7 million year over year to $12.4 million, which Hasund said reflected a lower average loan principal outstanding following repayments. Himalaya ended the quarter with $24.5 million in cash and cash equivalents. Hasund said the company’s minimum cash requirement under its sale leaseback financing is $12.3 million. The outstanding balance o...
KanawatTH Freedom Capital Markets launched coverage of DraftKings ( DKNG ) with a Buy rating. Analyst Nick McKay thinks DraftKings ( DKNG ) can be a long-term winner in the prediction markets, noting DKNG management has described the prediction market business as an incremental $10B annual gross revenue opportunity. By McKay's math, of the company’s 10.5M unique customers, the firm would expect ma...
KanawatTH Freedom Capital Markets launched coverage of DraftKings ( DKNG ) with a Buy rating. Analyst Nick McKay thinks DraftKings ( DKNG ) can be a long-term winner in the prediction markets, noting DKNG management has described the prediction market business as an incremental $10B annual gross revenue opportunity. By McKay's math, of the company’s 10.5M unique customers, the firm would expect many to gravitate towards DraftKings' ( DKNG ) new offering due to the inclusion of predictions within the Super App, with prediction betting options gradually becoming indistinguishable from traditional sportsbook offerings. "Predictions open up much of the rest of the U.S. to DraftKings’ sports betting products," highlighted McKay. "We like the risk/reward dynamic at these levels, with prediction market concerns potentially overdone," he added. The firm's 12-month price target of $30 reflects an EV/adjusted EBITDA multiple of roughly 11X applied to the FY28 estimate. That valuation is seen as reasonable due to the expectation for profits to increase by roughly 50% by FY28 relative to the implied core profitability level in FY26. Shares of DraftKings ( DKNG ) edged 0.6% higher in Thursday morning trading. The stock is down close to 27% on a year-to-date basis. More on DraftKings DraftKings Inc. (DKNG) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript DraftKings Inc. 2026 Q1 - Results - Earnings Call Presentation DraftKings Inc. (DKNG) Q1 2026 Earnings Call Transcript The World Cup presents sportsbooks with a massive low-cost customer acquisition window Washington’s prediction markets draw insider-trading scrutiny as regulators circle
Gabe Ginsberg/Getty Images Entertainment Netflix ( NFLX ) will begin live streaming Charlamagne Tha God’s daily podcast The Breakfast Club, on June 1, becoming the streaming giant’s first daily live program. The 6am ET podcast will feature three hours of uninterrupted programming in which normal commercial breaks will be filled by exclusive bonus segments and extended interviews. Since the start o...
Gabe Ginsberg/Getty Images Entertainment Netflix ( NFLX ) will begin live streaming Charlamagne Tha God’s daily podcast The Breakfast Club, on June 1, becoming the streaming giant’s first daily live program. The 6am ET podcast will feature three hours of uninterrupted programming in which normal commercial breaks will be filled by exclusive bonus segments and extended interviews. Since the start of the year, Netflix ( NFLX ) has aired the program on a delayed basis following its radio broadcast under a programming agreement with iHeartMedia ( IHRT ) after YouTube ( GOOG ) ( GOOGL ) discontinued distribution. iHeart Media ( IHRT ) recently extended its contract with Charlamagne Tha God for another five years. While “The Breakfast Club” will be Netflix’s first live stream, the company expanded into the podcast arena last year through deals with iHeart Media ( IHRT ), Spotify ( SPOT ) and Barstool Sports. The Breakfast Club reaches ~6.6M weekly terrestrial listeners with more than 1B downloads. “We’re building something powerful—real-time conversation, real community, on a global scale. The future belongs to those who can see what’s possible—and trust me, the vision for The Breakfast Club and Netflix is crystal clear,” Charlamagne Da God said in a statement. More on Netflix Netflix, Disney, FuboTV, WBD And The Streaming Media Landscape Don't Cancel Your Netflix Investment Disney And Netflix: Both Names Look Attractive Trump discloses $220M in trades tied to U.S. companies in Q1 Netflix says at Upfront that more users, ad surfaces, countries, NFL, and content are on the way
20. Three Expediences (1978) From a compilation released by William Burroughs associate John Giorno – fellow contributors included Patti Smith, Philip Glass and the Fugs – comes the fledgling sound of Laurie Anderson’s breakthrough Big Science: spoken word, electronically manipulated voices, violin. It doesn’t quite work, but it’s worth hearing, not least for the distinctly country-ish slant to he...
20. Three Expediences (1978) From a compilation released by William Burroughs associate John Giorno – fellow contributors included Patti Smith, Philip Glass and the Fugs – comes the fledgling sound of Laurie Anderson’s breakthrough Big Science: spoken word, electronically manipulated voices, violin. It doesn’t quite work, but it’s worth hearing, not least for the distinctly country-ish slant to her violin playing. 19. It’s Not the Bullet That Kills You, It’s the Hole (1977) Trawling through Anderson’s pre-Big Science recordings gives you a fascinating glimpse both of New York’s downtown art scene in the late 70s and of Anderson trying on different styles. Here, an appealing, oddly poppy Cajun/reggae/art-rock hybrid with lyrics inspired by controversial performance artist Chris Burden. 18. Talk Normal (1986) Anderson’s concert movie Home of the Brave moved her closer to conventional 80s art-pop (two tracks were collaborations with Nile Rodgers). But Talk Normal is the pick: squalls of avant guitar courtesy of Adrian Belew, and a great lyric that sees a passerby describe the singer as “another Laurie Anderson clone”. View image in fullscreen Anderson performs at the New York West Village Halloween Parade, 2023. Photograph: Rob Kim/Getty Images 17. The Lake (2015) Heart of a Dog is an album perhaps only Anderson would have made: a film soundtrack that meditates on loss – not of her late husband, Lou Reed, but their pet dog Lolabelle – via spoken word and ambient music. The Lake is closer to a conventional song, being sweet, sad, fragile and fraught with terrifying childhood memories (the original version appeared on 2010’s Homeland). 16. Only an Expert (2010) Reed’s guitar – in coruscating feedback-drenched mode – meets warp-speed, stop-start house music, topped with Anderson’s steely spoken-word observations on how big business dominates our lives by deliberately inventing problems only they can solve. Further embellished with a remarkably catchy chorus, Only an Exper...
Intel Corporation remains in focus as the chipmaker outlines its data center and AI product roadmap and advances with new Xeon 6 platforms, while investors weigh the pace of the turnaround in a competitive market. Intel Corporation stays in the spotlight as the semiconductor group highlights progress in its data center and AI roadmap and ecosystem partnerships, including new platforms built around...
Intel Corporation remains in focus as the chipmaker outlines its data center and AI product roadmap and advances with new Xeon 6 platforms, while investors weigh the pace of the turnaround in a competitive market. Intel Corporation stays in the spotlight as the semiconductor group highlights progress in its data center and AI roadmap and ecosystem partnerships, including new platforms built around Intel Xeon 6, at recent industry events and product updates in May 2026. These developments come as the company continues a multi?year transformation to regain share in central processing units and to position its foundry operations as a key manufacturing partner, according to information from the company’s website and recent ecosystem announcements, including a Micron performance benchmark published on 05/14/2026.Micron as of 05/14/2026 In parallel, structured financial products such as Intel?linked auto?call yield notes priced on 05/18/2026 by BofA Finance underline that the stock continues to be used as an underlying for income?oriented strategies in the US market, even as the company executes on its turnaround and capital?intensive manufacturing plans.StockTitan as of 05/19/2026 As of: 21.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Intel Corporation Intel Corporation Sector/industry: Semiconductors, data center and PC processors Semiconductors, data center and PC processors Headquarters/country: Santa Clara, United States Santa Clara, United States Core markets: Global PC, server, networking and emerging AI infrastructure Global PC, server, networking and emerging AI infrastructure Key revenue drivers: Client and data center CPUs, chipsets, networking, foundry services Client and data center CPUs, chipsets, networking, foundry services Home exchange/listing venue: Nasdaq (ticker: INTC) Nasdaq (ticker: INTC) Trading currency: US dollar Intel Corporation: core business model Intel Corporation is one of the largest global designers an...
Zedcor press release ( ZDC:CA ): Q1 net loss of -C$278K versus C$622K in the prior-year period. Revenue of C$19.4M (+69.1% Y/Y). Adjusted EBITDA of C$7.6M (vs. C$4.1M). More on Zedcor Inc. Zedcor Inc. (ZDC:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Zedcor Inc. Financial information for Zedcor Inc.
Zedcor press release ( ZDC:CA ): Q1 net loss of -C$278K versus C$622K in the prior-year period. Revenue of C$19.4M (+69.1% Y/Y). Adjusted EBITDA of C$7.6M (vs. C$4.1M). More on Zedcor Inc. Zedcor Inc. (ZDC:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Zedcor Inc. Financial information for Zedcor Inc.
Micron Technology, Inc. has become a key beneficiary of the AI-driven memory upcycle, but the stock remains exposed to sharp swings in demand and pricing. Recent quarterly figures and guidance highlight both the momentum in high-bandwidth products and the ongoing volatility in the semiconductor cycle. Micron Technology, Inc. is drawing strong investor attention as demand for memory chips accelerat...
Micron Technology, Inc. has become a key beneficiary of the AI-driven memory upcycle, but the stock remains exposed to sharp swings in demand and pricing. Recent quarterly figures and guidance highlight both the momentum in high-bandwidth products and the ongoing volatility in the semiconductor cycle. Micron Technology, Inc. is drawing strong investor attention as demand for memory chips accelerates with the expansion of artificial intelligence workloads, data centers and advanced smartphones. Recent earnings and management commentary point to a sharp rebound in pricing and volumes for DRAM and NAND, especially in high-bandwidth products tailored to AI servers, even as the company remains tied to one of the most cyclical segments in the semiconductor industry, according to Micron investor updates as of 03/20/2025. As of: 21.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Micron Technology Micron Technology Sector/industry: Semiconductor memory and storage Semiconductor memory and storage Headquarters/country: Boise, United States Boise, United States Core markets: Data centers, PCs, smartphones, automotive, industrial Data centers, PCs, smartphones, automotive, industrial Key revenue drivers: DRAM and NAND shipments and pricing for AI, cloud and mobile devices DRAM and NAND shipments and pricing for AI, cloud and mobile devices Home exchange/listing venue: Nasdaq (ticker: MU) Nasdaq (ticker: MU) Trading currency: US dollar (USD) Micron Technology, Inc.: core business model Micron Technology, Inc. focuses on designing and manufacturing memory and storage products, mainly based on DRAM and NAND technologies. These components are essential building blocks for computing devices because they determine how fast data can be accessed and how much information systems can store. Unlike logic chip makers, Micron’s business is heavily driven by memory bit demand and the balance between supply and demand across the industry, as described by the ...
On this episode of Stock Movers with Alexis Christoforous: - Walmart (WMT) shares are on the move after reporting earnings. It reported solid sales growth, with comparable sales in US stores rising, excluding fuel, in the latest quarter. The company's focus on low prices, fast delivery, and wide assortment has helped it gain market share across income levels. - Intuit (INTU) shares are sinking aft...
On this episode of Stock Movers with Alexis Christoforous: - Walmart (WMT) shares are on the move after reporting earnings. It reported solid sales growth, with comparable sales in US stores rising, excluding fuel, in the latest quarter. The company's focus on low prices, fast delivery, and wide assortment has helped it gain market share across income levels. - Intuit (INTU) shares are sinking after the tax-preparation software company reported its third-quarter results and gave an outlook. It also said it is cutting about 17% of its staff, confirming an earlier Reuters report. - Deere & Co (DE) shares are getting a boost from its construction and forestry segments, helping to offset volatile agriculture markets that continue to crimp farmer spending. (Source: Bloomberg)
GOWIN Semiconductor Corp. SAN JOSE, Calif. and GUANGZHOU, China, May 21, 2026 (GLOBE NEWSWIRE) -- GOWIN is honored to be invited by NVIDIA to participate in NVIDIA’s APAC Robotics and Edge AI Partner Day, part of NVIDIA GTC Taipei 2026 during COMPUTEX Taipei 2026. GOWIN has been collaborating with NVIDIA on several projects related to the NVIDIA Holoscan Platform — a real-time AI computing platfor...
GOWIN Semiconductor Corp. SAN JOSE, Calif. and GUANGZHOU, China, May 21, 2026 (GLOBE NEWSWIRE) -- GOWIN is honored to be invited by NVIDIA to participate in NVIDIA’s APAC Robotics and Edge AI Partner Day, part of NVIDIA GTC Taipei 2026 during COMPUTEX Taipei 2026. GOWIN has been collaborating with NVIDIA on several projects related to the NVIDIA Holoscan Platform — a real-time AI computing platform designed for robotics, autonomous machines, industrial systems, and advanced edge AI applications. In simple terms, Holoscan helps bring AI out of the cloud and into real-world machines. Instead of only analyzing data in remote data centers, AI can process information instantly at the “edge” — directly inside robots, medical devices, smart factories, autonomous vehicles, or ADAS systems. This enables machines to react in real time to camera feeds, sensors, motors, and surrounding environments. However, AI computation alone is not enough. For edge AI systems to truly work in robotics, ADAS, and autonomous driving applications, the platform must efficiently connect and synchronize a large number of sensors, actuators, motors, cameras, displays, and high-speed interfaces alongside the AI processor itself. This is where compact, low-power, high-performance programmable devices become increasingly important. GOWIN believes that enabling edge AI at scale requires solutions that are: High performance Cost effective Compact in size Power efficient Flexible enough to interface with diverse sensors and peripherals GOWIN’s FPGA solutions are a strong fit for these next-generation edge AI architectures, helping bridge the gap between intelligent computing and real-world connectivity. We believe collaboration across the ecosystem is essential to making AI more practical, accessible, and widely available — ultimately bringing AI into everyday life through robotics and intelligent edge systems. About GOWIN Semiconductor GOWIN Semiconductor is a leading integrated circuit design company ...
Apple Inc. remains in focus as investors weigh fresh quarterly numbers, expanding AI ambitions and a still?dominant iPhone ecosystem against cooling hardware demand and regulatory pressure. Apple Inc. stock continues to draw intense investor attention as the iPhone maker balances resilient services growth, new artificial?intelligence ambitions and ongoing regulatory scrutiny. Recent quarterly figu...
Apple Inc. remains in focus as investors weigh fresh quarterly numbers, expanding AI ambitions and a still?dominant iPhone ecosystem against cooling hardware demand and regulatory pressure. Apple Inc. stock continues to draw intense investor attention as the iPhone maker balances resilient services growth, new artificial?intelligence ambitions and ongoing regulatory scrutiny. Recent quarterly figures and product updates highlight both the strength of Apple’s installed base and the challenges of a maturing smartphone market, according to multiple company disclosures and financial media reports. Apple reported results for its fiscal second quarter ended March 30, 2024, on May 2, 2024, posting revenue of about 90.8 billion USD and diluted earnings per share of 1.53 USD, according to Apple newsroom as of 05/02/2024. In the same announcement, the company highlighted record?high services revenue and announced an expanded share repurchase authorization and dividend increase. As of: 21.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Apple Apple Sector/industry: Consumer electronics, software, digital services Consumer electronics, software, digital services Headquarters/country: Cupertino, United States Cupertino, United States Core markets: Global premium smartphones, personal computers, wearables and digital content Global premium smartphones, personal computers, wearables and digital content Key revenue drivers: iPhone, Mac, iPad, wearables, services iPhone, Mac, iPad, wearables, services Home exchange/listing venue: Nasdaq (ticker: AAPL) Nasdaq (ticker: AAPL) Trading currency: USD Apple Inc.: core business model Apple’s core business model revolves around tightly integrated hardware, software and services designed to keep users within a cohesive ecosystem. The company generates revenue from premium devices such as the iPhone, Mac and iPad while building recurring cash flows from services like iCloud storage, Apple Music, the App Store a...
Five people have been arrested on suspicion of fraud offences as part of an investigation into the process of how candidates were put forward for the local election in Tameside, Greater Manchester.
Five people have been arrested on suspicion of fraud offences as part of an investigation into the process of how candidates were put forward for the local election in Tameside, Greater Manchester.
May 21, 2026, 11:07 a.m. ET President Trump may not like to eat sushi, but he doesn't mind investing in it. Swimming within the slew of Trump's financial transactions released earlier this week – along with investments in Amazon, Apple, Nvidia, Microsoft, Meta Platforms and Oracle – you will find Kura Sushi, a chain of restaurants with a revolving food bar from which diners grab what they want as ...
May 21, 2026, 11:07 a.m. ET President Trump may not like to eat sushi, but he doesn't mind investing in it. Swimming within the slew of Trump's financial transactions released earlier this week – along with investments in Amazon, Apple, Nvidia, Microsoft, Meta Platforms and Oracle – you will find Kura Sushi, a chain of restaurants with a revolving food bar from which diners grab what they want as it floats by. Trump invested between $1 million and $5 million in Kura Sushi, Inc., which is based in Irvine, Calif. and has 88 locations across the U.S. and more than 650 restaurants worldwide. Trump also invested between $1 million and $5 million in other companies, including Amazon, Apple, Microsoft and Nvidia. Trump's trading activity could represent a conflict of interest, some Democrats and ethics advocates said. But the Trump Organization said his accounts are managed by third-party financial institutions without any input from Trump or his family. The total value of Trump's transactions ranged from $220 million to about $750 million during the first three months of the year, according to the stock purchases and sales reported earlier this month to the U.S. Office of Government Ethics. Trump's transactions also included large sales of investments in Amazon, Microsoft and Meta, valued between $5 million and $25 million. Trump's aversion to raw fish, preference for beef Trump's dislike for raw fish is documented in the 1993 book, “Lost Tycoon: The Many Lives of Donald J. Trump,” in which author Harry Hurt III wrote that Trump said he wouldn’t “eat any (expletive) raw fish” during a visit to Japan in 1990, Yahoo reported. On a 2017 visit to Japan, Trump and then-Prime Minister Shinzo Abe reportedly had hamburgers for lunch and a dinner of Wagyu beef, scallops and lobster. While Trump may prefer steaks with plenty of ketchup, he criticized pricey state dinners during a 2016 rally, saying, “We should be eating a hamburger on a conference table,” CNBC reported. Kura Sushi ...
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Bryson DeChambeau of Crushers GC during day four of LIV Golf Virginia at Trump National Golf Club on May 10, 2026 in Sterling, Virginia. Tasos Katopodis | Getty Images LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital to continue operations past the end of the current season, people familiar with the plan...
Bryson DeChambeau of Crushers GC during day four of LIV Golf Virginia at Trump National Golf Club on May 10, 2026 in Sterling, Virginia. Tasos Katopodis | Getty Images LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital to continue operations past the end of the current season, people familiar with the plans told CNBC. The upstart golf circuit will be seeking financing in the range of $250 million to $350 million from potential investors, according to the people, who requested anonymity given the confidential nature of the discussions. The capital raise plans are being taken to market by boutique investment bank Ducera Partners, which is advising LIV Golf. Parts of the proposal seen by CNBC are targeting qualified investors and aim to "fully recapitalize LIV and drive path to profitability." The move comes weeks after Saudi Arabia's Public Investment Fund, or PIF, announced it would stop funding LIV's operations after the 2026 season. PIF Chairman Yasir Al-Rumayyan also stepped down as the chairman of LIV Golf, which he founded alongside former professional golfer Greg Norman back in 2022. The league said last month that a newly established independent board of directors had been put in place, led by capital markets and restructuring veterans Gene Davis of Pirinate Consulting Group and Jon Zinman of JZ Advisors. The new capital raise paves the way for league ownership to be controlled by not only new investors, but the league's players and LIV management, as well. LIV may have a tougher road ahead to fundraise in the wake of PIF pulling its support. Multiple reports over the last several months have pegged PIF's investment at more than $5 billion through the life cycle of its LIV involvement, which has yet to lead to a profitable golf league operation. Since its founding, LIV has garnered splashy headlines with massive contracts that were reportedly awarded to top talent to l...
Image source: The Motley Fool. May 21, 2026 CALL PARTICIPANTS Chief Executive Officer — Dax Dasilva Chief Financial Officer — Asha Bakshani Chief Revenue Officer — Gabriel Benavides Chief Strategy and Transformation Officer — Leslie Martin Chief Technology Officer — Bhawna Singh Head of Investor Relations — Gus Papageorgiou Need a quote from a Motley Fool analyst? Email [email protected] RISKS Bak...
Image source: The Motley Fool. May 21, 2026 CALL PARTICIPANTS Chief Executive Officer — Dax Dasilva Chief Financial Officer — Asha Bakshani Chief Revenue Officer — Gabriel Benavides Chief Strategy and Transformation Officer — Leslie Martin Chief Technology Officer — Bhawna Singh Head of Investor Relations — Gus Papageorgiou Need a quote from a Motley Fool analyst? Email [email protected] RISKS Bakshani said, "We delivered negative adjusted free cash flow in the quarter of $13 million due almost entirely to timing of working capital." Bakshani noted, "we are not happy with the level of discounting that we saw in the last couple of quarters, and we are implementing and have already actually implemented measures that we expect will improve those margins in F '27." Company guidance incorporated the impact from Upserve divestiture, lowering fiscal 2028 gross profit expectations to $665 million-$685 million and adjusted free cash flow to $95 million from previous targets of $700 million and $100 million, respectively. Bakshani acknowledged, "Our guide takes into account the factors that are in our control, which means that if the macro continues strong, that will land well for us. And if it doesn't, we're confident that we're going to hit those numbers in the guide." TAKEAWAYS Total revenue -- $291 million for the quarter, up 15% year over year, exceeding prior outlook. -- $291 million for the quarter, up 15% year over year, exceeding prior outlook. Gross profit -- $129 million, up 15% year over year, with margins expanding to 44% from the same period last year. -- $129 million, up 15% year over year, with margins expanding to 44% from the same period last year. Adjusted EBITDA -- $15 million in the quarter, up 17% year over year; $72.5 million for the fiscal year, a 35% annual increase. -- $15 million in the quarter, up 17% year over year; $72.5 million for the fiscal year, a 35% annual increase. Growth engines revenue -- 24% year-over-year increase, now representing app...