Apple (NASDAQ: AAPL) crushed it in the second quarter of its fiscal year 2026. Last Thursday, the company reported its Q2 results, handily beating Wall Street's top- and bottom-line estimates. Apple's revenue jumped 17% year over year to $111.2 billion, driven by double-digit growth across all geographic markets. Earnings per share soared 22% to $2.01. CEO Tim Cook called it Apple's "best March qu...
Apple (NASDAQ: AAPL) crushed it in the second quarter of its fiscal year 2026. Last Thursday, the company reported its Q2 results, handily beating Wall Street's top- and bottom-line estimates. Apple's revenue jumped 17% year over year to $111.2 billion, driven by double-digit growth across all geographic markets. Earnings per share soared 22% to $2.01. CEO Tim Cook called it Apple's "best March quarter ever." Apple's performance helped solidify its position as the world's second-largest technology company by market cap . But not everything in the company's Q2 update was sunshine and roses. Cook also issued a warning about a looming threat. Image source: The Motley Fool. Continue reading
UniCredit SpA has submitted its Commerzbank AG takeover proposal to the target’s shareholders, initiating a six-week period that will decide the German lender’s independence. The acceptance period began on May 5 and will last through June 16, UniCredit said in a filing Tuesday. It’s offering 0.485 of its own shares for each one in its rival, implying a price of about €32 ($37.4) per share based on...
UniCredit SpA has submitted its Commerzbank AG takeover proposal to the target’s shareholders, initiating a six-week period that will decide the German lender’s independence. The acceptance period began on May 5 and will last through June 16, UniCredit said in a filing Tuesday. It’s offering 0.485 of its own shares for each one in its rival, implying a price of about €32 ($37.4) per share based on the day’s opening, or close to €35 billion for the bank as a whole. That’s roughly 8% below the target’s market price of around €34.8 per share, suggesting investors will be reluctant to tender. UniCredit Chief Executive Officer Andrea Orcel has said he could “mildly” improve the terms if investor demand is strong. Orcel has been pursuing Commerzbank since September 2024, hoping to turn the Italian bank into a dominant force in Germany, Europe’s largest economy. UniCredit already owns a 30% stake in it. Read More: Orcel Takes the Gloves Off in Europe’s Biggest Banking Takeover The German government, which holds 12% in Commerzbank, is strongly opposed to the deal. The bank’s management has rebuffed Orcel as well. UniCredit kept the premium on the offer low as it’s designed to push UniCredit’s holding just above 30% without immediately securing full control. Crossing the threshold would otherwise trigger a mandatory takeover bid. If UniCredit’s offer doesn’t result in a controlling shareholding level, the firm will likely stay under that threshold for at least 12 months to preserve its shareholder payout commitments. Read More: UniCredit CEO to Pause Commerzbank Pursuit If No Control Won UniCredit earlier on Tuesday posted a record quarterly profit. Net income in the three months through March increased 16% from a year earlier to €3.22 billion ($3.76 billion). The bank also upgraded its full-year profit outlook to at least €11 billion and confirmed its 2028 targets. Commerzbank is set to report first-quarter earnings on May 8.
A Japanese infantry unit has withdrawn a new patch designed by artificial intelligence after it was criticised for being immature, “aggressive” and out of step with the public image of the country’s Self-Defence Forces (SDF). The 1st Infantry Regiment’s patch was unveiled on April 29 and features an elephant in a helmet and other combat gear, holding a machine gun across its chest. The elephant ha...
A Japanese infantry unit has withdrawn a new patch designed by artificial intelligence after it was criticised for being immature, “aggressive” and out of step with the public image of the country’s Self-Defence Forces (SDF). The 1st Infantry Regiment’s patch was unveiled on April 29 and features an elephant in a helmet and other combat gear, holding a machine gun across its chest. The elephant has chains across its shoulders and a human skull apparently attached to its chest, with blue flames...
Deal would run until 2030 and have extra year’s option Foden has spent his whole career with City Phil Foden has agreed in principle a new four-year contract with Manchester City that will tie the 25-year-old to the club until 2030. Although the formalities are yet to be completed, there are not expected to be any issues. Foden’s deal is due to expire in summer 2027. Continue reading...
Deal would run until 2030 and have extra year’s option Foden has spent his whole career with City Phil Foden has agreed in principle a new four-year contract with Manchester City that will tie the 25-year-old to the club until 2030. Although the formalities are yet to be completed, there are not expected to be any issues. Foden’s deal is due to expire in summer 2027. Continue reading...
Eric Johnston/iStock via Getty Images NovaGold Analysis 2026 Data by YCharts I rated Seabridge Gold ( SA ) a Buy in early April for one reason. The stock was trading at roughly 12 cents on the dollar of its spot-case project NPV, and the next major catalyst, a JV partner announcement, was likely close at hand. NovaGold ( NG ) is a similar story to Seabridge, but with one caveat: Its big partnershi...
Eric Johnston/iStock via Getty Images NovaGold Analysis 2026 Data by YCharts I rated Seabridge Gold ( SA ) a Buy in early April for one reason. The stock was trading at roughly 12 cents on the dollar of its spot-case project NPV, and the next major catalyst, a JV partner announcement, was likely close at hand. NovaGold ( NG ) is a similar story to Seabridge, but with one caveat: Its big partnership announcement already happened last year, and I don't think the market has given the company much credit for it. In 2025, NovaGold and Paulson Advisors closed a $1 billion deal to acquire Barrick Mining's ( B ) 50% interest in Donlin Gold. The new ownership split is 60% NovaGold and 40% Paulson, with Barrick out of the picture entirely. I think that's going to look like a watershed moment for shareholders three or four years from now. Donlin was more of a side project sitting inside of Barrick's large portfolio for years, but now, it's owned by a company whose sole focus is to get this thing built and producing gold ASAP. Trading at $8 per share, it is now well below the $10 price institutional investors paid in NovaGold's $310 million private placement back in February. So, investors today can buy this at a 20% discount to where the smart money paid just three months ago. You can quite literally buy this for less than the smart money paid three months ago. What You're Buying NovaGold Donlin is one of the largest gold projects on the planet, make no mistake about it. The current technical work says the project has the potential to produce roughly 1.1 million ounces per year over an initial 27-year mine life, using its 40 million ounces of gold (measured and indicated resources). Average grade is 2.22 grams per tonne, which is more than double the global average for open-pit gold mines. That grade is a key reason why this project's economics are so strong. High grades, along with high throughput, lead to better unit costs and juicier margins and, ultimately, give miners the...
Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran. Gross domestic product grew 5.9% in the first quarter from a year earlier, according to an advance estimate released on Tuesday by the city’s Census and Statistics Department. The figure exceeded th...
Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran. Gross domestic product grew 5.9% in the first quarter from a year earlier, according to an advance estimate released on Tuesday by the city’s Census and Statistics Department. The figure exceeded the forecasts of all economists in a Bloomberg survey, whose median was 3.5%, and marked an acceleration from 4% in the final three months of 2025. The pickup was driven by strong global demand for artificial intelligence-related electronics, a government spokesperson said in a statement. “Looking ahead, Hong Kong’s economic growth outlook remains positive,” the person said while warning of “persistent tensions in the Middle East” as downside risks to the economic outlook. As the conflict in the Middle East upends markets and global supply chains, Hong Kong has leaned on the traditional pillars of its economy such as tourism. Asia’s financial hub imports nearly all of its energy and relies on fossil fuels for power generation, making it vulnerable to the historic oil shock triggered by the war.