josefkubes German software giant SAP ( SAP ) said it is acquiring data platform provider Dremio for an undisclosed amount. The company noted that Dremio — an open, high-performance data lakehouse platform built to accelerate agentic AI — will help it expand SAP Business Data Cloud's ability to combine SAP and non-SAP data to more effectively run analytical and AI workloads in real time. Terms of t...
josefkubes German software giant SAP ( SAP ) said it is acquiring data platform provider Dremio for an undisclosed amount. The company noted that Dremio — an open, high-performance data lakehouse platform built to accelerate agentic AI — will help it expand SAP Business Data Cloud's ability to combine SAP and non-SAP data to more effectively run analytical and AI workloads in real time. Terms of the deal were not disclosed. The transaction is expected to close in the third quarter of 2026, pending regulatory approval. "Enterprise AI doesn't stall because the models aren't good enough; it stalls because the data isn't ready for AI agents," said Philipp Herzig, CTO, SAP. "Dremio eliminates that bottleneck. Combined with SAP Business Data Cloud, we can now take customers from raw, fragmented data to governed, AI-ready intelligence on a single open platform." Separately, SAP also announced that it is acquiring Tabular Foundation Models, or TFMs, provider Prior Labs. SAP noted that Prior Labs will continue to operate as an independent entity, and SAP is committing to invest over €1B over the next four years to scale it into a globally leading frontier AI lab for structured data. More on SAP SAP: Finally, It's Time To Buy This Entrenched Software Giant (Upgrade) SAP SE (SAP) Q1 2026 Earnings Call Transcript SAP SE 2026 Q1 - Results - Earnings Call Presentation SAP acquires Prior Labs in AI push SAP Q1 results demonstrate product momentum as cloud margins improve: analysts
Thomas Barwick/DigitalVision via Getty Images Riot Platforms ( RIOT ) announced Q1 2026 earnings last week, with a headline GAAP net loss of $500 million. Bitcoin mining revenue declined by $31 million to $111.9 million versus $142.9 million in Q1 2025, but neither of these figures tells the whole story. This was also Riot's first quarter as an institutional-scale data center operator, and in the ...
Thomas Barwick/DigitalVision via Getty Images Riot Platforms ( RIOT ) announced Q1 2026 earnings last week, with a headline GAAP net loss of $500 million. Bitcoin mining revenue declined by $31 million to $111.9 million versus $142.9 million in Q1 2025, but neither of these figures tells the whole story. This was also Riot's first quarter as an institutional-scale data center operator, and in the Q1 release, the company doubled its footprint as AMD ( AMD ) exercised an option to add 25 MW of contracted capacity to bring total capacity to 50 MW. This increases the 10-year lease value to $636 million in total contract revenue. With AMD signaling confidence in Riot's platform, it suggests the market may be underestimating the full value of Riot's transition. An important aspect of the story is how Riot is funding this transformation, with no equity issuances in Q1. Instead, Riot sold 3,778 Bitcoin in Q1, yielding $289.5 million in growth capital, allowing Riot to turn those assets into recurring infrastructure income at a time when power-approved data center land in Texas is scarce. The Bitcoin treasury is serving as a self-funding engine for the build-out of the data center, allowing Riot to expand healthily. With 2 GW of fully approved utility power contracts, AMD on a 10-year lease agreement, and a planned 756 MW campus capacity at Corsicana, Riot has reached a new level. In my opinion, the market continues to value Riot based upon its historical position as a miner rather than its emerging status as an owner of a growing portfolio of power assets. For that reason, I am assigning Riot's stock a Buy rating. Riot's Corsicana campus (Riot) The Data Center Inflection Point Q1 for Riot with its new data center revenue hints at the direction margins are heading. Data center revenue hit $33.2 million, with $0.9 million in operating lease revenue and $32.2 million in tenant fit-out services. The gross margin for fit-out services is about 5%, but that's not the long-term val...
Thomas Barwick/DigitalVision via Getty Images Riot Platforms ( RIOT ) announced Q1 2026 earnings last week, with a headline GAAP net loss of $500 million. Bitcoin mining revenue declined by $31 million to $111.9 million versus $142.9 million in Q1 2025, but neither of these figures tells the whole story. This was also Riot's first quarter as an institutional-scale data center operator, and in the ...
Thomas Barwick/DigitalVision via Getty Images Riot Platforms ( RIOT ) announced Q1 2026 earnings last week, with a headline GAAP net loss of $500 million. Bitcoin mining revenue declined by $31 million to $111.9 million versus $142.9 million in Q1 2025, but neither of these figures tells the whole story. This was also Riot's first quarter as an institutional-scale data center operator, and in the Q1 release, the company doubled its footprint as AMD ( AMD ) exercised an option to add 25 MW of contracted capacity to bring total capacity to 50 MW. This increases the 10-year lease value to $636 million in total contract revenue. With AMD signaling confidence in Riot's platform, it suggests the market may be underestimating the full value of Riot's transition. An important aspect of the story is how Riot is funding this transformation, with no equity issuances in Q1. Instead, Riot sold 3,778 Bitcoin in Q1, yielding $289.5 million in growth capital, allowing Riot to turn those assets into recurring infrastructure income at a time when power-approved data center land in Texas is scarce. The Bitcoin treasury is serving as a self-funding engine for the build-out of the data center, allowing Riot to expand healthily. With 2 GW of fully approved utility power contracts, AMD on a 10-year lease agreement, and a planned 756 MW campus capacity at Corsicana, Riot has reached a new level. In my opinion, the market continues to value Riot based upon its historical position as a miner rather than its emerging status as an owner of a growing portfolio of power assets. For that reason, I am assigning Riot's stock a Buy rating. Riot's Corsicana campus (Riot) The Data Center Inflection Point Q1 for Riot with its new data center revenue hints at the direction margins are heading. Data center revenue hit $33.2 million, with $0.9 million in operating lease revenue and $32.2 million in tenant fit-out services. The gross margin for fit-out services is about 5%, but that's not the long-term val...
Canadian PM says Europe is not destined to submit to a more ‘transactional, insular and brutal world’ Europe will not submit to a more “brutal world”, and can instead be the base from which a new international order can be rebuilt, Mark Carney, the Canadian prime minister, has said. Carney was speaking as the first non-European leader to attend a meeting of the European Political Community, which ...
Canadian PM says Europe is not destined to submit to a more ‘transactional, insular and brutal world’ Europe will not submit to a more “brutal world”, and can instead be the base from which a new international order can be rebuilt, Mark Carney, the Canadian prime minister, has said. Carney was speaking as the first non-European leader to attend a meeting of the European Political Community, which opened on Monday amid high tensions in the strait of Hormuz and renewed doubts about the US commitment to Nato. Continue reading...
As investors begin to wonder if a torrid rise in US equities is running out of steam, one of the market’s most important buyers shows its unwavering support remains. Corporate America announced plans to buy back $665 billion worth of shares in S&P 500 Index companies in the four months through April, the most ever to start a year, according to data from Birinyi Associates. Apple Inc. was the lates...
As investors begin to wonder if a torrid rise in US equities is running out of steam, one of the market’s most important buyers shows its unwavering support remains. Corporate America announced plans to buy back $665 billion worth of shares in S&P 500 Index companies in the four months through April, the most ever to start a year, according to data from Birinyi Associates. Apple Inc. was the latest heavyweight to greenlight a $100 billion share-repurchase plan on Thursday to reassure investors during its leadership transition. And the momentum is expected to continue. Authorized repurchases are estimated to reach $1.55 trillion in 2026, a figure that would eclipse last year’s record. That’s a crucial vote of confidence in corporate fundamentals at a time when valuation multiples appear rich and uncertainty around the long-term impact of rising oil prices lingers. “The size and breadth of companies announcing buybacks is a signal from board rooms that they are firing on all cylinders,” said Jeff Rubin , president of Birinyi Associates. “The unprecedented level of commitments from Corporate America to continue buying their own stock indicates the confidence they have in their earnings, revenue, and cash flow.” Support from companies themselves is a welcome sign for equity bulls after the S&P 500 posted a 10% jump in April, its best month since 2020. The massive gain last month stoked worries the rally will lose energy as a ceasefire in Iran remains fragile and the market confronts challenging seasonality in May. Since 1928, May has been the third-worst month for the S&P 500 and prompted the age-old “sell in May and go away” adage that warns of imminent underperformance through October. Corporate buybacks provide a steady source of demand regardless of price, helping to cushion any potential market pullbacks. Earlier: Citadel Securities’ Rubner Sees Retail, Buybacks Powering Stocks Stock buybacks have been a dominant source of demand for US equities since the aftermath...
Mother's Day is Sunday, May 10. If you're stumped on what to get the moms in your life, get some inspiration from our audience. They share the best gifts they've ever received from their loved ones.
Mother's Day is Sunday, May 10. If you're stumped on what to get the moms in your life, get some inspiration from our audience. They share the best gifts they've ever received from their loved ones.
JHVEPhoto/iStock Editorial via Getty Images Shares of eBay ( EBAY ) surged nearly 9% in premarket trading Monday after GameStop ( GME ) submitted a non-binding proposal to acquire the company at $125 per share, alongside disclosure of a 5% economic stake. eBay’s market cap stands at about $46B. The offer represents a 46% premium to eBay’s closing price on February 4. The move has implications beyo...
JHVEPhoto/iStock Editorial via Getty Images Shares of eBay ( EBAY ) surged nearly 9% in premarket trading Monday after GameStop ( GME ) submitted a non-binding proposal to acquire the company at $125 per share, alongside disclosure of a 5% economic stake. eBay’s market cap stands at about $46B. The offer represents a 46% premium to eBay’s closing price on February 4. The move has implications beyond single-stock trading, with several exchange-traded funds exposed to eBay seeing indirect upside. 23 ETFs have eBay within their top 15 holdings. Among ETFs, the largest exposure comes from: ProShares Online Retail ETF ( ONLN ): 10.8% weighting Global X E-commerce ETF ( EBIZ ): 5.2% VanEck Digital Native Economy ETF ( GENZ ): 3.7% Amplify Online Retail ETF ( IBUY ): 3.3% Franklin Disruptive Commerce ETF ( BUYZ ): 2.7% Other notable holders include First Trust WCM Global Equity ETF ( WCMG ): 2.62% BrandywineGLOBAL Dynamic US Large Cap Value ETF ( DVAL ): 2.60% Shelton Equity Premium Income ETF ( SEPI ): 2.46% Invesco S&P 500 Equal Weight Consumer Discretionary ETF ( RSPD ): 2.36% Cambria Large Cap Shareholder Yield ETF ( LYLD ): 2.34% Invesco NASDAQ Next Gen 100 ETF ( QQQJ ): 2.33% Invesco BuyBack Achievers ETF ( PKW ): 2.25% Strategas Global Policy Opportunities ETF ( SAGP ): 2.25% FT Vest Dow Jones Internet & Target Income ETF ( FDND ): 2.20% First Trust Dow Jones Internet Index Fund ( FDN ): 2.19% On the other side, GameStop ( GME ) exposure is more limited, appearing in just a handful of ETFs such as: VanEck Video Gaming and eSports ETF ( ESPO ): 4.6% Grayscale Bitcoin Adopters ETF ( BCOR ): 4.5% Texas Capital Texas Equity Index ETF ( TXS ): 3.0% VanEck Social Sentiment ETF ( BUZZ ): 2.9% More on eBay, GameStop, etc. eBay Inc. (EBAY) Q1 2026 Earnings Call Transcript eBay: Soaring GMV At A Reasonable Price eBay Inc. 2026 Q1 - Results - Earnings Call Presentation eBay rallies as GameStop launches bold $56B takeover attempt Quant check on e-commerce names as GameStop offe...
Welcome to our guide to the commodities driving the global economy. Today, oil reporter Rong Wei Neo takes a look at the lessons from China’s unprecedented defiance of US sanctions. US President Donald Trump’s expected meeting with his Chinese counterpart Xi Jinping next week just got a lot trickier. Late last month, the US raised the heat on Iran and China simultaneously, sanctioning one of the l...
Welcome to our guide to the commodities driving the global economy. Today, oil reporter Rong Wei Neo takes a look at the lessons from China’s unprecedented defiance of US sanctions. US President Donald Trump’s expected meeting with his Chinese counterpart Xi Jinping next week just got a lot trickier. Late last month, the US raised the heat on Iran and China simultaneously, sanctioning one of the latter country’s largest private refiners over its oil purchases — then repeatedly threatening banks and other firms involved with the sector. China has now responded by telling its companies to ignore all of it . This is an unprecedented act of defiance for a nation that has long displayed extreme caution with regard to US restrictions — and comes with lessons for the market. First and foremost, the move demonstrates the importance of Hengli Petrochemical (Dalian) Refinery Co. and of the broader private refining sector during a historic supply crisis. Almost nothing matters more to China’s leadership than energy security, and private refiners have been vital to keeping fuel supply coming through the past weeks — in part thanks to millions of barrels of Iranian crude. Beijing’s response is also a reminder of the growing clout of the private refining sector. This is not just an army of small, cash-strapped teapots in the northern province of Shandong. By targeting an influential, well-connected giant like Hengli , Washington has struck the second-largest player in a private refining sector that now makes up as much as a third of China’s oil processing capacity. Finally, China’s resolve is testament to Beijing’s belief in its own resilience — and in the weakness of a US sanctions system already bruised by Washington’s vacillation on Iranian and Russian oil during the conflict in the Persian Gulf. In the past, China has often used smaller regional banks to concentrate transactions and risk. Workarounds are already common, and have become increasingly sophisticated. These will c...
The standard way to own semiconductors is to buy a cap-weighted fund and accept that NVIDIA, Broadcom, and TSMC will dominate the returns. SPDR S&P Semiconductor ETF (NYSEARCA:XSD) takes the opposite approach. It uses a modified equal-weight methodology against the S&P Semiconductor Select Industry Index, so a $200 billion analog chipmaker carries roughly the same ... XSD Delivers 1,138% in Ten Ye...
The standard way to own semiconductors is to buy a cap-weighted fund and accept that NVIDIA, Broadcom, and TSMC will dominate the returns. SPDR S&P Semiconductor ETF (NYSEARCA:XSD) takes the opposite approach. It uses a modified equal-weight methodology against the S&P Semiconductor Select Industry Index, so a $200 billion analog chipmaker carries roughly the same ... XSD Delivers 1,138% in Ten Years, Yet Trails SOXX in the AI Boom
Indivior Pharmaceuticals ( INDV ) has entered into a $175M accelerated share repurchase agreement with Barclays ( BCS ). The ASR will be executed under Indivior’s existing $400M share repurchase program. Under the ASR agreement, Indivior ( INDV ) will make an upfront payment of $175M to Barclays and expects to receive an initial delivery of 3,717,473 shares promptly following execution. Final sett...
Indivior Pharmaceuticals ( INDV ) has entered into a $175M accelerated share repurchase agreement with Barclays ( BCS ). The ASR will be executed under Indivior’s existing $400M share repurchase program. Under the ASR agreement, Indivior ( INDV ) will make an upfront payment of $175M to Barclays and expects to receive an initial delivery of 3,717,473 shares promptly following execution. Final settlement is expected to occur no later than the end of June 2026, and Indivior does not expect the ASR to impact its previously issued financial guidance. The remaining $100M under the share repurchase authorization may be used for additional repurchases from time to time, subject to market conditions and other factors. More on Indivior, Barclays Indivior Pharmaceuticals, Inc. 2026 Q1 - Results - Earnings Call Presentation Indivior Pharmaceuticals, Inc. (INDV) Q1 2026 Earnings Call Transcript Barclays PLC (BCS) Q1 2026 Earnings Call Transcript Indivior Non-GAAP EPS of $0.96 beats by $0.30, revenue of $317M beats by $44.16M Europe markets slide with yields at multi-year highs
Global Business Travel Group press release ( GBTG ): Q1 GAAP EPS of $0.10. Revenue of $840M (+35.3% Y/Y). More on Global Business Travel Group Global Business Travel: A Stock To Watch With Strong Upside Potential Global Business Travel Group, Inc. 2025 Q4 - Results - Earnings Call Presentation Global Business Travel Group, Inc. (GBTG) Q4 2025 Earnings Call Transcript GBTG outlines 19%–21% revenue ...
Global Business Travel Group press release ( GBTG ): Q1 GAAP EPS of $0.10. Revenue of $840M (+35.3% Y/Y). More on Global Business Travel Group Global Business Travel: A Stock To Watch With Strong Upside Potential Global Business Travel Group, Inc. 2025 Q4 - Results - Earnings Call Presentation Global Business Travel Group, Inc. (GBTG) Q4 2025 Earnings Call Transcript GBTG outlines 19%–21% revenue growth for 2026 as AI adoption accelerates margins and drives $600M buyback Global Business Travel Group GAAP EPS of $0.22 beats by $0.18, revenue of $792M in-line
Palantir Technologies Inc. heads into its first-quarter earnings with something to prove to investors: That it’s been wrongly caught up in the selloff that has gripped software stocks for months. Shares of the data-analytics software firm are down about 9% from the day after its last quarterly report, and have shed 19% so far this year. The decline is part of a rough few months for software stocks...
Palantir Technologies Inc. heads into its first-quarter earnings with something to prove to investors: That it’s been wrongly caught up in the selloff that has gripped software stocks for months. Shares of the data-analytics software firm are down about 9% from the day after its last quarterly report, and have shed 19% so far this year. The decline is part of a rough few months for software stocks as investors, concerned that artificial intelligence tools could chip away at earnings growth, dumped shares across the sector, often indiscriminately. In the face of those AI worries, forward guidance “is going to matter a lot,” said Nancy Tengler , CEO and chief investment officer of Laffer Tengler Investments, who holds Palantir shares and has added to the position in the recent selloff. Margins are also going to be a major focus “because that’s the rebuttal to the ‘AI is eating software story,’” she added. Wall Street, meanwhile, has remained remarkably steadfast in its bullish conviction for Palantir. Analysts are expecting the company to report a 74% jump in revenue in the first quarter with adjusted profits more than doubling from a year ago. On top of that, their average 12-month price target for the stock has fallen less than 3% over the last six months despite the shares losing nearly a quarter of their value over that span. That implies a 27% gain from Friday’s closing price of $144.07. Investors will be paying particularly close attention to where Palantir’s revenue growth is coming from. Government revenue, which makes up a little over half of total billings and has historically been Palantir’s largest segment, is expected to grow about 59% in the quarter. Commercial revenue, its other main segment, is seen surging more than 91%. “Palantir’s government segment continues to benefit from the company’s exposure to increased US defense spending on products such as Maven amid the war with Iran,” Bloomberg Intelligence analyst Mandeep Singh wrote in a note on April ...
Trump Disapproval Rate Hits Career-High - War And Rising Costs Take Toll Though tempered by the prospect of additional GOP gerrymandering of House districts in the wake of a pivotal Supreme Court decision, Democrats' hopes for a rout of Republicans in the approaching midterm elections are rising after a Washington Post-ABC News-Ipsos poll found that President Trump's disapproval rating is now the ...
Trump Disapproval Rate Hits Career-High - War And Rising Costs Take Toll Though tempered by the prospect of additional GOP gerrymandering of House districts in the wake of a pivotal Supreme Court decision, Democrats' hopes for a rout of Republicans in the approaching midterm elections are rising after a Washington Post-ABC News-Ipsos poll found that President Trump's disapproval rating is now the highest of either of his two terms in office. Trump's decision to launch a war on Iran is taking a toll -- voters are not only dismayed by his handling of Iran, but also dissatisfied with his work on the economy, which is itself being harmed by the war. In a survey of US adults taken in the last week of April, 62% said they disapprove of his general performance in the Oval Office . A whopping 76% disapprove of his handling of the cost of living and 66% disapprove of what he's done with Iran. A majority of Americans surveyed expressed disapproval of his handling of every issue covered by the survey. via ABC News While 85% of Republicans approve of his performance, the share who strongly approve fell to 45% -- that's down 8% since September and is a new Trump low. Perhaps more importantly, his approval among Republican-leaning independents is also at a new low of 56%. Overall, just 25% of independents approve of his performance . Trump also scored terribly on some personal attributes. For example, 71% said the descriptors "honest and trustworthy" are not applicable to Trump, while 67% said Trump does not "carefully consider important decisions." Meanwhile, 59% said he lacks the "mental sharpness" required of his position. The poll provides a little insight into the upcoming midterm races . Today, Republicans have a slim, 3-seat margin of control of the House of Representatives. Asked if they would vote for a Democrat or Republican candidate if the House election were held today, 49% said they would for a Democrat , compared to 44% who would choose a Republican. At the same po...
The “Dogs of the Dow” is a well-known strategy first published in 1991 by Michael O’Higgins. The plan aims to maximize investment returns by purchasing the 10 highest-yielding dividend stocks in the Dow Jones Industrial Average each year. The highest-yielding stocks are also the lowest-priced stocks in the venerable average, as the lower a stock ... Warren Buffett Owns 2 of the Small Dogs of the D...
The “Dogs of the Dow” is a well-known strategy first published in 1991 by Michael O’Higgins. The plan aims to maximize investment returns by purchasing the 10 highest-yielding dividend stocks in the Dow Jones Industrial Average each year. The highest-yielding stocks are also the lowest-priced stocks in the venerable average, as the lower a stock ... Warren Buffett Owns 2 of the Small Dogs of the Dow: Here’s Why You Need to Own All 5
Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board. GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, sp...
Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board. GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, split 50-50 between cash and stock. Continue reading...
Key PointsAnchor Investment Management reduced its stake in the Invesco BulletShares 2026 Corporate Bond ETF by 1,078,615 shares -- an estimated $21.1 million transaction -- during Q1 2026, representing roughly 1.7% of the fund's prior-quarter assets under management (AUM).
Key PointsAnchor Investment Management reduced its stake in the Invesco BulletShares 2026 Corporate Bond ETF by 1,078,615 shares -- an estimated $21.1 million transaction -- during Q1 2026, representing roughly 1.7% of the fund's prior-quarter assets under management (AUM).