Sean Gallup/Getty Images News Shopify ( SHOP ) received a $100M investment from Josh Kushner’s Thrive Capital, launching shares of the platform higher into Thursday’s close. Known for typically investing in tech startups, Thrive Capital framed its stake in Shopify ( SHOP ) as a bet on artificial intelligence reshaping the e-commerce space. The company recently reached a $100B milestone in gross me...
Sean Gallup/Getty Images News Shopify ( SHOP ) received a $100M investment from Josh Kushner’s Thrive Capital, launching shares of the platform higher into Thursday’s close. Known for typically investing in tech startups, Thrive Capital framed its stake in Shopify ( SHOP ) as a bet on artificial intelligence reshaping the e-commerce space. The company recently reached a $100B milestone in gross merchandise value and is investing in AI technology to drive growth. “AI-driven traffic to Shopify stores has grown 8x year-over-year. And new buyer orders from AI searches are actually occurring at nearly twice the rate of traditional organic search,” Shopify CEO Harley Finkelstein said on the company’s most recent earnings call. “The AI era has now reached commerce, and you’re about to see what that looks like at scale,” he added. The adoption of agentic tools has clearly caught the attention of investors. In addition to Thrive’s $100M stake, ARK Invest recently purchased $32.6M in Shopify ( SHOP ) shares after the company reported upbeat Q1 results . Shopify ( SHOP ) closed more than 3% higher on Thursday. More on Shopify Inc Shopify: Growth Acceleration (Rating Upgrade) Shopify: Buying The Post-Earnings Dip Makes Complete Sense (Review) Shopify Inc. (SHOP) Q1 2026 Earnings Call Transcript SA analyst upgrades/downgrades: AMD, QCOM, SHOP, ANGI Tech stocks lead Nasdaq with Datadog emerging as highest weekly gainer
Tyler and Cameron Winklevoss, the billionaire twins who founded Gemini Space Station Inc., made a $100 million “strategic investment” into the money-losing crypto exchange. Winklevoss Capital Fund LLC made the infusion into the New York-based firm at a price of $14 a share of the company’s Class A common stock, with consideration paid in Bitcoin. The stock jumped about 15% in post-market trading, ...
Tyler and Cameron Winklevoss, the billionaire twins who founded Gemini Space Station Inc., made a $100 million “strategic investment” into the money-losing crypto exchange. Winklevoss Capital Fund LLC made the infusion into the New York-based firm at a price of $14 a share of the company’s Class A common stock, with consideration paid in Bitcoin. The stock jumped about 15% in post-market trading, after closing at $5.26 on Thursday. The shares have slumped more than 80% in the past year. “We believe the market has significantly undervalued Gemini, and that this investment will allow us to set up the company for its next phase of growth,” Chief Executive Officer Tyler Winklevoss said in a statement. “Gemini has achieved several major product and regulatory milestones that position us well to evolve from a crypto company into a markets company. This investment will help fuel that ambition and set Gemini up for long-term success.” Gemini is a relatively small crypto exchange in a market where scale increasingly matters. Like other crypto exchanges, it’s been navigating rough waters since the price of market bellwether Bitcoin plummeted from a record high in October. In March, Gemini said workforce cuts had reached roughly 30% since the start of the year. Like other crypto firms, it has previously said it is deploying artificial intelligence tools to increase productivity. The company’s first-quarter loss narrowed to $109 million from $149 million in the year-ago period. Revenue jumped by 42% to $50 million in the three months ended March 31, after revenue from services such as credit cards increased. Gemini went public in September 2025, several weeks before the latest crypto downturn hit. The brothers came to prominence after a dispute with Facebook founder Mark Zuckerberg over who came up with the idea for the social network.
KinderCare press release ( KLC ): Q1 Non-GAAP EPS of $0.04 beats by $0.05 . Revenue of $672.52M (+0.6% Y/Y) beats by $3.3M . 2026 Outlook The company is updating its guidance ranges for the full year 2026. Revenue is expected to be approximately $2.7 billion to $2.75 billion and adjusted EBITDA is now expected to be approximately $215 million to $235 million (2) . Adjusted net income per common sh...
KinderCare press release ( KLC ): Q1 Non-GAAP EPS of $0.04 beats by $0.05 . Revenue of $672.52M (+0.6% Y/Y) beats by $3.3M . 2026 Outlook The company is updating its guidance ranges for the full year 2026. Revenue is expected to be approximately $2.7 billion to $2.75 billion and adjusted EBITDA is now expected to be approximately $215 million to $235 million (2) . Adjusted net income per common share, diluted is now expected to be approximately $0.15 to $0.25 (2) . Shares -7.3% AH. More on KinderCare KinderCare Learning Companies Is Nearly Irresistible KinderCare Learning Companies, Inc. (KLC) Q4 2025 Earnings Call Transcript KinderCare Learning Companies, Inc. 2025 Q4 - Results - Earnings Call Presentation KinderCare outlines $2.7B–$2.75B revenue outlook for 2026 as enrollment challenges persist KinderCare Non-GAAP EPS of $0.12 beats by $0.03, revenue of $688.1M beats by $2.72M
Lucid delivered multiple consecutive quarters of growth, poised to expand further with the launch of Gravity. Unfortunately, past problems are reappearing.
Lucid delivered multiple consecutive quarters of growth, poised to expand further with the launch of Gravity. Unfortunately, past problems are reappearing.
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters...
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters...
July NY world sugar #11 (SBN26 ) on Thursday closed down -0.39 (-2.54%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -12.50 (-2.74%). Sugar prices fell sharply on Thursday as a rally in the dollar index ($DXY ) to a 2-week high spurred long liquidation in sugar...
July NY world sugar #11 (SBN26 ) on Thursday closed down -0.39 (-2.54%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -12.50 (-2.74%). Sugar prices fell sharply on Thursday as a rally in the dollar index ($DXY ) to a 2-week high spurred long liquidation in sugar...
Affirm's Google Deal Aims for Your WalletKlarna Group (NYSE:KLAR) reported a stronger-than-expected first quarter of 2026, with management pointing to accelerating payment volumes, rapid growth in its financing product and continued expansion of its merchant network as key driver
Affirm's Google Deal Aims for Your WalletKlarna Group (NYSE:KLAR) reported a stronger-than-expected first quarter of 2026, with management pointing to accelerating payment volumes, rapid growth in its financing product and continued expansion of its merchant network as key driver
Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? Genie Energy (NYSE:GNE) lowered its full-year 2026 adjusted EBITDA outlook after a first quarter in which record revenue was offset by weaker retail energy margins, higher customer acquisition spending and investment in e
Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance? Genie Energy (NYSE:GNE) lowered its full-year 2026 adjusted EBITDA outlook after a first quarter in which record revenue was offset by weaker retail energy margins, higher customer acquisition spending and investment in e
Meta is rolling out new features to its Meta Ray-Ban Display smart glasses, including bringing the ability to write messages just with hand gestures to all users. You'll be able to use the feature in WhatsApp, Messenger, Instagram and with "native Android and iOS messaging," Meta says . The feature, which relies on the Meta Ray-Ban Display's included neural wristband, was one of the most impressiv...
Meta is rolling out new features to its Meta Ray-Ban Display smart glasses, including bringing the ability to write messages just with hand gestures to all users. You'll be able to use the feature in WhatsApp, Messenger, Instagram and with "native Android and iOS messaging," Meta says . The feature, which relies on the Meta Ray-Ban Display's included neural wristband, was one of the most impressive features of the Meta Ray-Ban Display when it was first announced . However, it wasn't available at launch, but in January, Meta launched it in early access for WhatsApp and Messenger. Meta is bringing a few other upgrades to the Meta Ray-Ban Disp … Read the full story at The Verge.
Nu Holdings press release ( NU ): Q1 GAAP EPS of $0.18 misses by $0.01 . Shares -10% AH. 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 ratin...
Nu Holdings press release ( NU ): Q1 GAAP EPS of $0.18 misses by $0.01 . Shares -10% AH. 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
Entrepreneurs are turning to AI to speed the creation of new businesses, with Gen Z leading the way. That's according to a new report from the payroll software firm Gusto.
Entrepreneurs are turning to AI to speed the creation of new businesses, with Gen Z leading the way. That's according to a new report from the payroll software firm Gusto.
Sidus Space press release ( SIDU ): Q1 GAAP EPS of -$0.08. Revenue of $0.36M (+50.0% Y/Y). Shares -1.9% AH. More on Sidus Space Keep An Eye On Sidus Space: The Next Space Player Gaining Traction Sidus Space: Compelling Transition Narrative, But The Risk-Reward Is Not Sidus Space, Inc. (SIDU) Q4 2025 Earnings Call Prepared Remarks Transcript Sidus Space prices $58.5M offering at $4.35 per share Sid...
Sidus Space press release ( SIDU ): Q1 GAAP EPS of -$0.08. Revenue of $0.36M (+50.0% Y/Y). Shares -1.9% AH. More on Sidus Space Keep An Eye On Sidus Space: The Next Space Player Gaining Traction Sidus Space: Compelling Transition Narrative, But The Risk-Reward Is Not Sidus Space, Inc. (SIDU) Q4 2025 Earnings Call Prepared Remarks Transcript Sidus Space prices $58.5M offering at $4.35 per share Sidus Space reports FY results
Joe_Potato/iStock Editorial via Getty Images Thesis Phillips 66 ( PSX ) is a diverse refining company that also has operations in chemicals and midstream industries. All three of its main business segments are generating strong profits, a situation the company has not seen in several years. Now that the company is firing on all cylinders, the cash generation will follow suit. The durability of thi...
Joe_Potato/iStock Editorial via Getty Images Thesis Phillips 66 ( PSX ) is a diverse refining company that also has operations in chemicals and midstream industries. All three of its main business segments are generating strong profits, a situation the company has not seen in several years. Now that the company is firing on all cylinders, the cash generation will follow suit. The durability of this upcycle appears to be more than just a blip as global inventories continue to deplete daily. I believe it is still early enough in this upcycle for investors to extract long-term value. I rate PSX as Buy due to strong cyclical performance in both refining and chemical divisions. I expect cash generation abilities to be greater than the last upcycle during the Russian-Ukraine conflict due to significant operational improvements. Quarterly Update and Full Year Outlook PSX reported a surprising earnings beat of $0.49/share in Q1. While this level of earnings is not overly impressive, it surpassed Wall Street’s expectations after the company previously disclosed a negative $900m impact to the business. This significant headwind was attributed both to winter storm Fern affecting midstream operations as well as extreme commodity volatility following the conflict in Iran. The sheer speed and magnitude of the change in commodity prices required the company to bring on short-term debt to cover the cash outflows. Fortunately, the bulk of this debt now sits as cash on the balance sheet in the form of collateral for the company’s hedge book. The company expects that as volatility subsides, this working capital and debt balance should return to normal levels. PSX Investor Presentation As shown below, analyst expectations are for the reversal of this one-time impact to occur almost immediately. This and the continuation of strong margins across both refining and chemical divisions will significantly boost earnings throughout calendar 2026. Seeking Alpha The main variable that remains i...