Expensify ( EXFY ) has commenced a modified "Dutch auction" tender to purchase for cash up to $25M of its outstanding shares of Class A common stock at a price per share not less than $0.98 and not greater than $1.20, less any applicable withholding taxes and without interest. The offer will expire at 12:00 midnight, New York City time, at the end of the day on June 10, 2026, unless extended or te...
Expensify ( EXFY ) has commenced a modified "Dutch auction" tender to purchase for cash up to $25M of its outstanding shares of Class A common stock at a price per share not less than $0.98 and not greater than $1.20, less any applicable withholding taxes and without interest. The offer will expire at 12:00 midnight, New York City time, at the end of the day on June 10, 2026, unless extended or terminated. If the offer is fully subscribed, Expensify ( EXFY ) will purchase between 25,510,204 and 20,833,333 shares, or between ~30% and 25%, respectively, of its outstanding Class A common stock as of May 4, 2026. EXFY shares rose +5.5% premarket on Wednesday. More on Expensify Expensify, Inc. 2026 Q1 - Results - Earnings Call Presentation Expensify, Inc. (EXFY) Q1 2026 Earnings Call Transcript Expensify, Inc. 2025 Q4 - Results - Earnings Call Presentation Expensify GAAP EPS of -$0.02 beats by $0.03, revenue of $34M misses by $0.23M Expensify outlines $6M–$9M free cash flow guidance for 2026 amid expanded AI investment and sales push
Anthropic on Tuesday unveiled expanded legal tools for Claude Cowork, enabling law firms to connect existing software and automate complex legal tasks at scale. The release integrates platforms including Thomson Reuters‘ Westlaw, CourtListener, Definely, Courtroom5, Box and OpenAI-backed Harvey. Lawyers can now access case law databases, manage contracts and run deep legal research within a single...
Anthropic on Tuesday unveiled expanded legal tools for Claude Cowork, enabling law firms to connect existing software and automate complex legal tasks at scale. The release integrates platforms including Thomson Reuters‘ Westlaw, CourtListener, Definely, Courtroom5, Box and OpenAI-backed Harvey. Lawyers can now access case law databases, manage contracts and run deep legal research within a single interface. From General Tool To Custom-Tailored Unlike the initial Cowork launch in February, whose
Tech was on track for a strong session on Wednesday, as investors piled back into chip stocks following a brief pause. Futures tracking the Nasdaq 100 added 0.9% as the likes of Micron, Nvidia, and Qualcomm all rallied.
Tech was on track for a strong session on Wednesday, as investors piled back into chip stocks following a brief pause. Futures tracking the Nasdaq 100 added 0.9% as the likes of Micron, Nvidia, and Qualcomm all rallied.
The rising star of Spanish cinema discusses being orphaned at six, new feature Romería and why she always works with children Family reunions in European arthouse cinema are almost always unhappy events, on a scale of strife that ranges from simmering resentment (Louis Malle’s Milou in May) to spectacular score-settling (Thomas Vinterberg’s Festen). There are still splatters of bad blood on the Su...
The rising star of Spanish cinema discusses being orphaned at six, new feature Romería and why she always works with children Family reunions in European arthouse cinema are almost always unhappy events, on a scale of strife that ranges from simmering resentment (Louis Malle’s Milou in May) to spectacular score-settling (Thomas Vinterberg’s Festen). There are still splatters of bad blood on the Sunday best in the films of Carla Simón, but the Spanish director has a rare gift: she makes you leave the cinema with renewed faith that having relatives and keeping in touch with them may actually be a wonderful thing. Indeed no film-maker working in Europe now is as capable of turning birthday gatherings, garden parties or poolside barbecues into thrillingly sprawling canvases of human virtue and vice as this 39-year-old rising star. From a riotous water fight in the Berlinale Golden Bear-winning farming drama Alcarràs to a foul-mouthed dinner table singalong in her new film Romería, Simón directs kinship meetings with the attention to detail that other film-makers may invest in action sequences or dance routines. Continue reading...
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) spent about $78 billion on stock buybacks from 2018 through 2024. But then the billions stopped flowing and simply accumulated as cash on Berkshire's balance sheet. However, we recently learned that Berkshire completed its first buybacks in nearly two years, with recent regulatory filings showing that Berkshire spent about $234 million on buybacks durin...
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) spent about $78 billion on stock buybacks from 2018 through 2024. But then the billions stopped flowing and simply accumulated as cash on Berkshire's balance sheet. However, we recently learned that Berkshire completed its first buybacks in nearly two years, with recent regulatory filings showing that Berkshire spent about $234 million on buybacks during the first quarter of 2026. Here's a rundown of what this means to investors like you and me. To be fair, $234 million isn't a massive buyback for Berkshire. It represents about 0.02% of Berkshire's current market cap of $1 trillion. However, there are two key points to consider. First, the buybacks in question occurred only in March -- that's just one month of the first quarter. We have no idea whether CEO Greg Abel will (or has already) buy back more stock in the second quarter, which is underway now. Continue reading
Russia test-fired a new intercontinental ballistic missile as part of efforts to modernize its nuclear forces. The nuclear-armed Sarmat missile would enter combat service at the end of the year. (Image credit: AP)
Russia test-fired a new intercontinental ballistic missile as part of efforts to modernize its nuclear forces. The nuclear-armed Sarmat missile would enter combat service at the end of the year. (Image credit: AP)
Investing.com -- Alibaba Group (NYSE:BABA) reported a 3% rise in quarterly revenue, driven by robust growth in its cloud computing and AI businesses, though the top line narrowly missed analyst expectations.
Investing.com -- Alibaba Group (NYSE:BABA) reported a 3% rise in quarterly revenue, driven by robust growth in its cloud computing and AI businesses, though the top line narrowly missed analyst expectations.