When Warren Buffett officially stepped down as CEO of Berkshire Hathaway on December 31, 2025, handing the reins to Greg Abel, he didn’t go out quietly. Instead, he made one last, massive portfolio shift. In the months leading up to his retirement, Buffett aggressively reduced stock holdings and allowed Berkshire’s cash pile to swell to ... Buffett’s Final $373 Billion Move Before Retiring. Histor...
When Warren Buffett officially stepped down as CEO of Berkshire Hathaway on December 31, 2025, handing the reins to Greg Abel, he didn’t go out quietly. Instead, he made one last, massive portfolio shift. In the months leading up to his retirement, Buffett aggressively reduced stock holdings and allowed Berkshire’s cash pile to swell to ... Buffett’s Final $373 Billion Move Before Retiring. History Says This Is What Comes Next.
Swarmer ( SWMR ) announced on Wednesday that Meta Bureau awarded its subsidiary, Swarmer Estonia OÜ, a contract with an initial value of $2.86M for more than 16,000 software licenses to be used aboard its SkyKnight quadcopter bombers and other unmanned aerial vehicles. The contract also allows Meta Bureau to elect to upgrade certain licenses for an additional $10.4M. The company stated that the co...
Swarmer ( SWMR ) announced on Wednesday that Meta Bureau awarded its subsidiary, Swarmer Estonia OÜ, a contract with an initial value of $2.86M for more than 16,000 software licenses to be used aboard its SkyKnight quadcopter bombers and other unmanned aerial vehicles. The contract also allows Meta Bureau to elect to upgrade certain licenses for an additional $10.4M. The company stated that the contract includes two separate license allocations for the entire Swarmer Platform, which includes Swarmer’s operating system, or OS, artificial intelligence, and user interface. It also includes one license allocation just for Swarmer OS, which can be upgraded to the full stack by adding Swarmer AI and Swarmer UI as an over-the-air update. More on Swarmer, Inc Swarmer: Eye Popping Drone IPO But 1,000% Rally Cannot Be Justified Swarmer Targets $15 Million IPO On Little Revenue, High Risks AI drone firm Swarmer jumps 1,000% in two days Swarmer announces pricing of initial public offering Historical earnings data for Swarmer, Inc
Gold Reserve (TSX.V: GRZ) on Wednesday said its board approved previously announced plans to spin out a new U.S.-domiciled company, American Heralds Mining Corporation, which would hold the company’s mining interests in Venezuela and an Alaskan property. The company also approved a potential spin-out of its U.S. subsidiary, Dalinar Energy Corporation, under which economic rights tied to Gold Reser...
Gold Reserve (TSX.V: GRZ) on Wednesday said its board approved previously announced plans to spin out a new U.S.-domiciled company, American Heralds Mining Corporation, which would hold the company’s mining interests in Venezuela and an Alaskan property. The company also approved a potential spin-out of its U.S. subsidiary, Dalinar Energy Corporation, under which economic rights tied to Gold Reserve’s 2014 arbitration award and related judgments would be transferred to Dalinar and distributed to shareholders. Gold Reserve said the proposed transactions remain subject to ongoing review, shareholder and regulatory approvals, and other customary conditions. The company expects to file and mail a proxy and information circular related to the transactions before the end of the year . Source: Press Release More on Gold Reserve Gold Reserve, other miners eye return to Venezuela after receiving U.S. OK to negotiate Historical earnings data for Gold Reserve Financial information for Gold Reserve
Luis Alvarez Stock index futures traded lower Wednesday as investors digested a fresh round of corporate earnings and deal announcements. Here are the four stocks to watch on the day: Alibaba ( BABA ) fell 2.29% in premarket trading after the company reported fiscal fourth-quarter results showing revenue growth of 3%. On a like-for-like basis, excluding revenue from disposed businesses Sun Art and...
Luis Alvarez Stock index futures traded lower Wednesday as investors digested a fresh round of corporate earnings and deal announcements. Here are the four stocks to watch on the day: Alibaba ( BABA ) fell 2.29% in premarket trading after the company reported fiscal fourth-quarter results showing revenue growth of 3%. On a like-for-like basis, excluding revenue from disposed businesses Sun Art and Intime, revenue would have grown 11% year-over-year. However, profitability declined sharply as higher spending on AI initiatives, including Qwen-related marketing and model training, along with elevated subsidies for quick commerce, compressed margins, adjusted EBITA, and net income. Nebius ( NBIS ) surged more than 12% in premarket trading after the neocloud company reported a near sevenfold jump in revenue driven by surging artificial intelligence spending. For the quarter ending March 31, Nebius posted revenue of $399 million, up 684% year-over-year. The company reported an adjusted net loss of $100.3 million during the period but earned $2.82 per share on a GAAP basis. Two Harbors Investment ( TWO ) declined 2.1% in premarket trading after the company’s board unanimously rejected UWM Holdings’ revised acquisition proposal . Two Harbors said the revised proposal has not addressed “core deficiencies and material risks” in UWMC’s previous proposals. UWM Holdings stock was little changed. Pfizer ( PFE ) slipped 0.50% in premarket trading despite announcing that the European Commission granted marketing authorization to expand the label of its hemophilia therapy, Hympavzi, to treat adolescents with the rare bleeding disorder. The once-weekly injectable will now be indicated in all 27 EU member states, as well as in Iceland, Liechtenstein, and Norway, for hemophilia A or B patients aged 12 years and older with certain inhibitory antibodies. More related stories Alibaba Group Holding Limited 2026 Q4 - Results - Earnings Call Presentation Pfizer: Don't Pass On This Dirt-Cheap...
World No 3 marches into last four after 6-1, 6-2 victory Raducanu to make comeback from illness in Strasbourg Iga Swiatek gave another indication that she might be back to her brilliant best after destroying Jessica Pegula 6-1, 6-2 on Wednesday and breezing into the Italian Open semi-finals. A three-time champion in Rome, Swiatek took little more than an hour to take care of fifth seed Pegula on c...
World No 3 marches into last four after 6-1, 6-2 victory Raducanu to make comeback from illness in Strasbourg Iga Swiatek gave another indication that she might be back to her brilliant best after destroying Jessica Pegula 6-1, 6-2 on Wednesday and breezing into the Italian Open semi-finals. A three-time champion in Rome, Swiatek took little more than an hour to take care of fifth seed Pegula on centre court, in a show of force on her preferred surface not seen since she last won the French Open two years ago. Continue reading...
PM Images/DigitalVision via Getty Images Introduction IREN Limited ( IREN ) has been a name that became popular on the market as the stock gained 46% YTD and 634.45% over the past year. With the current boom in neocloud AI infrastructure, I want to take a look at the highly popular ticker and see if it can differentiate itself from others in the space, such as CoreWeave ( CRWV ) and Nebius ( NBIS ...
PM Images/DigitalVision via Getty Images Introduction IREN Limited ( IREN ) has been a name that became popular on the market as the stock gained 46% YTD and 634.45% over the past year. With the current boom in neocloud AI infrastructure, I want to take a look at the highly popular ticker and see if it can differentiate itself from others in the space, such as CoreWeave ( CRWV ) and Nebius ( NBIS ), especially with the recent quarterly release. Current Dynamics IREN is basically two businesses stapled together, with the first side being the legacy Bitcoin miner that generated around $480MM of revenue during fiscal 2025 but is at the moment decommissioning its fleet through 2026 and 2027 and the business will be effectively worth 0 by fiscal 2028. The second side, which is the one responsible for the current hype, has around $3.1B of contracted ARR, thanks to 2 whale customers being Microsoft ( MSFT ) and Nvidia ( NVDA ). It also has a 5GW secured power portfolio across North America and Europe . Now the main question is whether the second business is worth the current market price tag, considering that it has yet to generate a single full quarter of meaningful revenue. To answer the question, I’ll first review the latest earnings release to understand where the company is in its transition. IREN posted a revenue figure of $144.8M , a miss of $74.49MM and a 21.6% Y/Y decrease. The quarterly loss also widened on a sequential basis as it reached -$247.8MM compared to -$155.4MM. These figures highlight the temporary revenue vacuum created by decommissioning mining rigs before the potential ramp-up of AI contracts, even if AI cloud revenue surged nearly 100% Q/Q. Though a silver lining has been that Adj. EBITDA remained positive at $59.5MM with a 41% margin thanks to lower operating costs linked to reduced electricity consumption from the smaller mining footprint. Though what really moved the needle in the latest earnings has been the NVIDIA strategic alliance announced ...
(This is CNBC's "Power Insider" newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) POWER POINT What I'm hearing from energy insiders Hyperfocused on hyperscaler hypergrowth. I tried to sum up investor thinking into just one sentence. The pace of spending on A.I. is so frenetic it makes the Energizer Bunny look lazy. ...
(This is CNBC's "Power Insider" newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) POWER POINT What I'm hearing from energy insiders Hyperfocused on hyperscaler hypergrowth. I tried to sum up investor thinking into just one sentence. The pace of spending on A.I. is so frenetic it makes the Energizer Bunny look lazy. That growth is coming from the "hyperscalers," just a fancy term for the big technology companies that are rapidly ramping their bets on artificial intelligence. This energy-related weekly intelligence piece is about artificial intelligence because - in this author's reasonably humble opinion - there isn't an A.I. story without energy. A.I. requires massive amounts of computational power - "compute" - and compute requires massive amounts of electricity. In other words - and say it with me - A.I. is power. Literally . As long as the A.I. spend story steams along, it seems logical that the investment in energy will steam with it. Now that we are coming out of another earnings cycle, three things remain clear: 1. Energy earnings remain super strong 2. Capital spending related to A.I. is a big part of that story 3. See #s 1 and 2 As the team at BNP Paribas puts it: "AI Hyperscalers capex continues to be revised higher. Following issuers' guidance at 1Q earnings season, estimates for 2026 capex are now $725bn, this has nearly doubled since mid-2025. Capex is rising faster than OCF [operating cash flow], driving funding needs. " The numbers are hard to fathom. BNP Paribas highlights that consensus estimates for capital spending were for 'just' $365bn one year ago, which means this year's capex estimate of $725 billion is nearly double last year's estimate. When was the last time you saw a major estimate nearly double in a year? Zoom In Icon Arrows pointing outwards Let's put that $725 billion in A.I. related spending growth into perspective. $725 billion is more than the total GD...
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed The Pentagon is considering renaming the war with Iran from "Operation Epic Fury" to "Operation Sledgehammer" if President Trump orders a renewed full-scale bombing campaign against Iran, according to an NBC News report published Tuesday. The report came on the eve of day 75 since the US and Israel launched the conf...
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed The Pentagon is considering renaming the war with Iran from "Operation Epic Fury" to "Operation Sledgehammer" if President Trump orders a renewed full-scale bombing campaign against Iran, according to an NBC News report published Tuesday. The report came on the eve of day 75 since the US and Israel launched the conflict. US sources touted to NBC that the United States now has greater military capabilities in the region than it did before the US and Israel launched the war on February 28. But US intelligence is now also suggesting Iran's missile capability is getting back up and running as well. US Navy file image After Iran had clearly withstood the shock and destruction of the opening days and couple weeks of major American and Israeli bombing raids over its cities and airbases, Trump belatedly ordered more warships, carriers, and troops into the region (Marine Expeditionary Force) - after which the blockade of Iranian ports was eventually put in place. Now amid the heavier US naval and combined forces build-up in the CENTCOM area, "We are in a better spot now than on February 27," a US official said to NBC. "We have more firepower and capability." The reported name change appears part of the Trump administration's effort to navigate around the War Powers Resolution, which is the 1973 law designed to limit executive war powers and reinforce Congress's constitutional authority to declare war. According to NBC, the name change would be to underscore how seriously the administration is considering resuming the war, and could allow Trump to argue that it restarts the 60-day clock that requires congressional authorization for war , by way of the name change loophole. While Republicans hold control of the Senate and have a slim majority in the House, there have lately been signs of bipartisan frustration at how the war is going, and the coming financial impact on the American public. Also,...
Micron Technology (NASDAQ:MU) trades at $766.58 with a market cap of $896.92 billion, putting the only U.S.-based memory manufacturer within striking distance of the $1 trillion club. Our 24/7 Wall St. price target for Micron is $433.93 over the next 12 months, implying 43.39% downside after a parabolic run. Confidence is high at 90%. Yet ... Will Micron Be a Trillion Dollar Stock By 2030? The Ans...
Micron Technology (NASDAQ:MU) trades at $766.58 with a market cap of $896.92 billion, putting the only U.S.-based memory manufacturer within striking distance of the $1 trillion club. Our 24/7 Wall St. price target for Micron is $433.93 over the next 12 months, implying 43.39% downside after a parabolic run. Confidence is high at 90%. Yet ... Will Micron Be a Trillion Dollar Stock By 2030? The Answer is Yes.
CDW ( CDW ) on Tuesday announced that its Board of Directors has authorized a $1 billion increase to the company’s share repurchase program. The $1 billion authorization is incremental to the approximately $484 million remaining from the previous repurchase program as of March 31, 2026. Press release More on CDW Corporation CDW Corporation: A 20% Decline Could Be A Gift For Investors (Upgrade) 19 ...
CDW ( CDW ) on Tuesday announced that its Board of Directors has authorized a $1 billion increase to the company’s share repurchase program. The $1 billion authorization is incremental to the approximately $484 million remaining from the previous repurchase program as of March 31, 2026. Press release More on CDW Corporation CDW Corporation: A 20% Decline Could Be A Gift For Investors (Upgrade) 19 of 20 S&P 500 tech companies beat EPS estimates: Earnings scorecard CDW outlines $100M-$200M geared for growth run-rate improvements into 2027-2028 while maintaining 200-300 bps market outperformance target
Hydro One Limited ( H:CA ) declares CAD 0.3531/share quarterly dividend , 6% increase from prior dividend of CAD 0.3331. Payable June 30; for shareholders of record June 10; ex-div June 10. See H:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Hydro One Limited Hydro One Limited (H:CA) Q4 2025 Earnings Call Transcript Hydro One Limited 2025 Q4 - Results - Earnings Call Presentation ...
Hydro One Limited ( H:CA ) declares CAD 0.3531/share quarterly dividend , 6% increase from prior dividend of CAD 0.3331. Payable June 30; for shareholders of record June 10; ex-div June 10. See H:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Hydro One Limited Hydro One Limited (H:CA) Q4 2025 Earnings Call Transcript Hydro One Limited 2025 Q4 - Results - Earnings Call Presentation Hydro one announces Megan Telford as next president and CEO Historical earnings data for Hydro One Limited Dividend scorecard for Hydro One Limited