An abortion rights activist holds a box of mifepristone during a rally in front of the US Supreme Court on March 26, 2024, in Washington, DC. Drew Angerer | AFP | Getty Images The Supreme Court on Thursday said it would allow mail orders of the abortion drug mifepristone pending the outcome of an appeal challenging that method of distributing the medication. The Supreme Court did not say how many ...
An abortion rights activist holds a box of mifepristone during a rally in front of the US Supreme Court on March 26, 2024, in Washington, DC. Drew Angerer | AFP | Getty Images The Supreme Court on Thursday said it would allow mail orders of the abortion drug mifepristone pending the outcome of an appeal challenging that method of distributing the medication. The Supreme Court did not say how many members of the nine-justice court voted in favor of continuing a stay of a lower-court order that blocked mail orders of mifepristone. Nor did the majority issue an explanation of its decision. Two conservative justices on the Supreme Court, Clarence Thomas and Samuel Alito, issued written dissents to the decision. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Cannes film festival: Iranian auteur Asghar Farhadi returns to France with this intriguing middleweight meta-drama featuring a cameo from Catherine Deneuve Asghar Farhadi is the Iranian auteur whose film-making style has always shown the high European influences of Antonioni and Haneke. He has in fact made two films in Europe: The Past in France and Everybody Knows in Spain. Now he returns to Fran...
Cannes film festival: Iranian auteur Asghar Farhadi returns to France with this intriguing middleweight meta-drama featuring a cameo from Catherine Deneuve Asghar Farhadi is the Iranian auteur whose film-making style has always shown the high European influences of Antonioni and Haneke. He has in fact made two films in Europe: The Past in France and Everybody Knows in Spain. Now he returns to France and the French language for this diverting, middleweight meta-drama about betrayal and about a supposed link between voyeurism and creativity: do writers spy on the characters they have brought to life? Continue reading...
Extreme Networks (NASDAQ:EXTR) , a networking solutions provider known for its cloud and AI-driven platforms, just reported a sale by its top executive in recent SEC filings. Edward Meyercord, President and CEO, reported the sale of 100,000 shares of Extreme Networks for a total consideration of approximately $2.31 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 w...
Extreme Networks (NASDAQ:EXTR) , a networking solutions provider known for its cloud and AI-driven platforms, just reported a sale by its top executive in recent SEC filings. Edward Meyercord, President and CEO, reported the sale of 100,000 shares of Extreme Networks for a total consideration of approximately $2.31 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average sale price ($23.07). P ost-transaction value based on the May 5, 2026 closing price of ($23.71). Continue reading
Nate Hovee/iStock Editorial via Getty Images Australia is among the many country ETFs in the red over the past month. The AI-led rally off the March 30 low has been very narrow, with Nasdaq 100 names and hot chip and storage equities like SK Hynix and Samsung putting up parabolic advances over a handful of weeks. Indeed, the iShares MSCI Australia ETF ( EWA ) simply doesn’t benefit from tech-drive...
Nate Hovee/iStock Editorial via Getty Images Australia is among the many country ETFs in the red over the past month. The AI-led rally off the March 30 low has been very narrow, with Nasdaq 100 names and hot chip and storage equities like SK Hynix and Samsung putting up parabolic advances over a handful of weeks. Indeed, the iShares MSCI Australia ETF ( EWA ) simply doesn’t benefit from tech-driven gains. Its largest sector positions are Financials and Materials. Banks, big and small (and around the world), have been simply disappointing in 2026, while the Materials sector has gone through violent ups and downs. Today, I reiterate a hold rating on EWA. I was neutral on the Australian market back in August of 2025 . Shares have returned a solid 11% since then, but that lags the S&P 500’s 19% total return. The valuation remains a bit rich, but I’ll call out bullish chart developments at the conclusion of the article. AI Drives USA & Emerging Asia Up, Australia Down M/M Koyfin EWA: Lagging The S&P 500 YoY StockCharts.com According to the issuer , EWA seeks to track the investment results of an index composed of Australian equities. It offers investors exposure to large and midsized companies in Australia. EWA is a somewhat small ETF, now with $1.3 billion in assets under management as of May 12, 2026. That’s down from $1.5 billion last summer. Its annual expense ratio is moderate at 50 basis points, while the trailing 12-month dividend yield is more than twice that of the S&P 500 at 2.89%. But share-price momentum has been soft lately, earning the product a C- ETF Grade in that category by Seeking Alpha’s quantitative scoring system. From a risk perspective , a concentrated portfolio and elevated historical realized standard deviation metrics are not all that appealing either. Finally, on liquidity , EWA appears highly tradable, given average daily volume north of 2 million shares and a median 30-day bid/ask spread of just 3 basis points, according to iShares. For an u...
Earnings Snapshot (Seeking Alpha) More on Nu Holdings Nu Holdings: Scale, Efficiency, And Earnings Still Support A Buy Nu Holdings: Not Waiting On The U.S. Market Nu Holdings: Doubling Down Despite U.S. Expansion Concerns Nu Holdings Q1 2026 Earnings Preview Petrobras continues to lead iShares MSCI Brazil ETF top holdings with Strong Buy rating
Earnings Snapshot (Seeking Alpha) More on Nu Holdings Nu Holdings: Scale, Efficiency, And Earnings Still Support A Buy Nu Holdings: Not Waiting On The U.S. Market Nu Holdings: Doubling Down Despite U.S. Expansion Concerns Nu Holdings Q1 2026 Earnings Preview Petrobras continues to lead iShares MSCI Brazil ETF top holdings with Strong Buy rating
Warren Whines As Senate Banking Committee Advances Crypto CLARITY Act, Two Democrats Break Ranks Authored by Micah Zimmerman via BitcoinMagazine.com, The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote Thursday, with Sens. Ruben Gallego (D‑Ariz.) and Angela Alsobrooks (D‑Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the f...
Warren Whines As Senate Banking Committee Advances Crypto CLARITY Act, Two Democrats Break Ranks Authored by Micah Zimmerman via BitcoinMagazine.com, The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote Thursday, with Sens. Ruben Gallego (D‑Ariz.) and Angela Alsobrooks (D‑Md.) joining all 13 Republicans to move the sweeping crypto market structure bill to the full Senate. The Clarity Act is the Senate’s bid to build a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians. It now advances alongside a related bill from the Senate Agriculture Committee, with the two texts expected to merge before a floor vote. Chair Tim Scott (R‑S.C.) cast the markup as a turning point after years in which crypto firms operated in what he called a “regulatory gray zone” under “outdated rules.” He said the bill aims to protect consumers, keep innovation in the United States and “close the doors that criminals, terrorists and hostile regimes have tried to exploit,” after months of cross‑party talks that expanded the draft by more than 200 pages. Sen. Cynthia Lummis (R‑Wyo.), who leads the committee’s digital assets panel, called the Clarity Act “the hardest piece of legislation” she has worked on across decades in state and federal office. She described it as a “case of first impression” that tries to fit new asset types and software into a regulatory code built for earlier markets. BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote. The bill now goes to the full Senate. pic.twitter.com/TCs6T283y2 — Bitcoin Magazine (@BitcoinMagazine) May 14, 2026 Warren’s camp: “industry‑written” and “not ready” Ranking Member Elizabeth Warren (D‑Mass.) led the opposition , arguing the committee should focus on groceries, health costs and credit card rates, not “a bill written by the...
The most graphically-impressive first-person shooter made for the Nintendo Switch is $20 off at Best Buy . Right now, you can buy the physical version of Metroid Prime 4: Beyond for $39.99 ($20 off). The game looks surprisingly good on the 2017 hardware, but runs way better on the Switch 2 with the additional $10 upgrade pack that unlocks hi-res textures, faster loading times, and Joy-Con mouse mo...
The most graphically-impressive first-person shooter made for the Nintendo Switch is $20 off at Best Buy . Right now, you can buy the physical version of Metroid Prime 4: Beyond for $39.99 ($20 off). The game looks surprisingly good on the 2017 hardware, but runs way better on the Switch 2 with the additional $10 upgrade pack that unlocks hi-res textures, faster loading times, and Joy-Con mouse mode. If you’re gaming on a Switch 2, getting the discounted game and the digital upgrade pack costs $50 versus its normal $70 price for the Switch 2 Edition version. Yeah, it’s a little confusing. Metroid Prime 4: Beyond Where to Buy: $59.99 $39.99 at Best Buy (Switch) The latest Prime game is a departure from the previous entries, the last of which was released all the way back in 2007. Beyond features an open-world design with plenty of associated trappings. There are map markers, collectibles, and a slick motorcycle to take bounty hunter Samus Aran across the huge desert where Beyond’s story unfolds. I agree with our review by Andrew Webster that these new additions feel out of place in the franchise, but I still had a good time, and the campaign doesn’t overstay its welcome.
GabrielPevide/E+ via Getty Images Owens Corning ( OC ) reported Q1 '26 results on May 6th, and the headline numbers look bad. Revenue fell 10% and EBITDA fell 35%. While it was better than what the market had expected, on the surface, it seems to read like a business that's under serious pressure. While that's partially true, I think understanding the drivers makes the numbers look a bit more dige...
GabrielPevide/E+ via Getty Images Owens Corning ( OC ) reported Q1 '26 results on May 6th, and the headline numbers look bad. Revenue fell 10% and EBITDA fell 35%. While it was better than what the market had expected, on the surface, it seems to read like a business that's under serious pressure. While that's partially true, I think understanding the drivers makes the numbers look a bit more digestible. In this article, I'll explain what happened in the latest quarter and why I think Owens Corning has levers to pull on the margin front. On trough EBITDA levels and the company still producing enough cash flow to return cash to shareholders, the valuation looks quite attractive. Owens Corning overview and recent asset sale Owens Corning might not be a household name, but it's a large branded building products company that operates across in Roofing, Insulation, and Doors. The Roofing segment manufactures asphalt shingles and roofing components and is the most important part of the business, generating approximately 30% EBITDA margins even in trough conditions. The Insulation segment produces thermal and acoustic insulation for residential and commercial construction. The Doors segment, which incorporates the recent DoStef and DOOR acquisitions, manufactures residential and commercial entry and interior doors across North America and Europe. Owens Corning's portfolio transformation story is important context for Q1. On May 1, the company sold glass reinforcements business for approximately $280 million in cash proceeds, plus an expected $50 million from excess alloy sales. That divestiture completes the company's pivot to a pure-play branded building products business as it sheds a sheds a more commodity-oriented industrial segment that carried lower margins and higher cyclicality. On the company's most recent earnings call , CEO Brian Chambers described this as a multi-year strategy to operate as a "focused building products leader that outperforms through cycles." T...
There was wind, there was fire, there was Goodrem’s remarkable upper-range – resulting in a refreshingly self-assured offering from Australia ‘Sung by a silver robot from 1984!’ The 11 biggest bangers in Eurovision 2026 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Standing before a glistening crescent moon and adorned in more t...
There was wind, there was fire, there was Goodrem’s remarkable upper-range – resulting in a refreshingly self-assured offering from Australia ‘Sung by a silver robot from 1984!’ The 11 biggest bangers in Eurovision 2026 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Standing before a glistening crescent moon and adorned in more than 7,000 Swarovski crystals, Australia’s 2026 Eurovision hopeful Delta Goodrem delivered a powerful performance on the 70th anniversary of the global song contest – and become the first Australian act to qualify for the grand final since 2023. Heading into the competition as an early favourite behind Eurovision heavy-hitters Denmark and Finland, Goodrem delivered a note-perfect rendition of her power-ballad entry, Eclipse. The track is impressive if a little formulaic – and of the 35 countries competing, 15 are represented by solo female performers, so Goodrem needed to find a way to stand out in a crowded field. Continue reading...
Cerebras Systems , the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 IPO price — and rocketing past a $100 billion market capitalization in its first hours of trading. The debut instantly crowned Cerebras as one of the most valuable semiconductor companies on Earth and valida...
Cerebras Systems , the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 IPO price — and rocketing past a $100 billion market capitalization in its first hours of trading. The debut instantly crowned Cerebras as one of the most valuable semiconductor companies on Earth and validated a decade-long bet that the AI industry would eventually demand a fundamentally different kind of chip. The company sold 30 million shares at $185 apiece, raising $5.55 billion in what Bloomberg reported as the largest U.S. tech IPO since Uber went public in 2019 . The final pricing shattered expectations: Cerebras initially marketed shares at $115 to $125, then raised the range to $150 to $160 as investor demand surged, before ultimately pricing above even that elevated band. "This is just a new beginning," Julie Choi, Senior Vice President and Chief Marketing Officer at Cerebras, told VentureBeat in an exclusive interview on the morning of the IPO. The company, she said, plans to pour its fresh capital into expanding the cloud infrastructure that has become the centerpiece of its growth strategy. "With this new capital, we're going to fill more data halls with Cerebras systems to power the world's fastest inference." The IPO caps one of the most dramatic corporate turnarounds in recent tech history. Cerebras first filed to go public in September 2024 but withdrew the effort more than a year later amid intense scrutiny over its near-total revenue dependence on a single customer in the United Arab Emirates. The company refiled in April 2026 with a radically different business profile: new partnerships with OpenAI and Amazon Web Services , a fast-growing cloud inference service , and a revenue base that had climbed 76% to $510 million in 2025 . How a dinner-plate-sized chip became the foundation of a $100 billion company To understand the frenzy, you have to understand th...