(Bloomberg) -- Meta Platforms Inc. has acquired Assured Robot Intelligence, a startup developing artificial intelligence models for robots, as part of a major initiative to build humanoid technology. Most Read from Bloomberg The social networking giant closed the acquisition Friday, according to a spokesperson. Meta said the startup is “at the frontier of robotic intelligence designed to enable ro...
(Bloomberg) -- Meta Platforms Inc. has acquired Assured Robot Intelligence, a startup developing artificial intelligence models for robots, as part of a major initiative to build humanoid technology. Most Read from Bloomberg The social networking giant closed the acquisition Friday, according to a spokesperson. Meta said the startup is “at the frontier of robotic intelligence designed to enable robots to understand, predict and adapt to human behaviors in complex and dynamic environments.” Financial terms weren’t disclosed. The Assured Robot Intelligence team, which includes co-founders Lerrel Pinto and Xiaolong Wang, will join the Meta Superintelligence Labs research division. The staff will work closely with Meta Robotics Studio, a team launched last year to work on underlying technology for humanoids. Meta is making a significant investment in humanoids — futuristic robots that can move like humans and assist with physical tasks. The emerging sector has been gaining steam at many of the industry’s biggest companies, including Tesla Inc., Alphabet Inc.’s Google and Amazon.com Inc. Wang was previously a researcher at Nvidia Corp., while Pinto was a co-founder of Fauna Robotics before leaving in 2025. Amazon acquired Fauna in March to help bolster its own humanoid robot effort. Assured Robot Intelligence employees were concentrated in San Diego and New York. At Meta, the group “will bring a deep expertise in how we can design our models and frontier capabilities for robot control and self-learning to whole-body humanoid control,” the spokesperson for the social media company said. Meta’s robotics team, which aims to eventually use technology from the startup, is working on in-house humanoid hardware and the underlying AI that powers it. That includes developing sensors, software and other technology for robots that it will make available to others in the industry, meaning they could ultimately be used by a range of companies. Meta’s goal is to provide what Google’s ...
Oracle (ORCL) – a cloud software and enterprise database service provider – hit a 6-day losing streak, with cumulative losses over this period amounting to -14%. The company’s market cap has crashed by about $75 Bil over the last 6 days and currently stands at $464 Bil. Is this an opportunity or a trap? There is not much to fear in ORCL stock given its overall Very Strong operating performance and...
Oracle (ORCL) – a cloud software and enterprise database service provider – hit a 6-day losing streak, with cumulative losses over this period amounting to -14%. The company’s market cap has crashed by about $75 Bil over the last 6 days and currently stands at $464 Bil. Is this an opportunity or a trap? There is not much to fear in ORCL stock given its overall Very Strong operating performance and financial condition. This is aligned with the stock’s High valuation because of which we think it is Fairly Priced (For details, see Buy or Sell ORCL). But here is the interesting part. You are reading about this -14% move after it happened. The market has already priced in the news. To manage individual stock risk before the headlines, you need predictive signals, not notifications. High Quality Portfolio has a risk model designed to manage stock-specific drawdowns better. Trefis: ORCL Stock Insights Returns vs S&P 500 The following table summarizes the return for ORCL stock vs. the S&P 500 index over different periods, including the current streak: Return Period ORCL S&P 500 1D -1.5% 1.0% 6D (Current Streak) -13.9% 1.0% 1M (21D) 10.1% 10.4% 3M (63D) -4.2% 3.4% YTD 2026 -16.7% 5.3% 2025 18.1% 16.4% 2024 60.0% 23.3% 2023 30.9% 24.2% Gains and Losses Streaks: S&P 500 Constituents There are currently 38 S&P constituents with 3 days or more of consecutive gains and 26 constituents with 3 days or more of consecutive losses. Consecutive Days # of Gainers # of Losers 3D 23 15 4D 11 3 5D 3 0 6D 0 4 7D or more 1 4 Total >=3 D 38 26 Key Financials for Oracle (ORCL) Last 2 Fiscal Years: Metric FY2024 FY2025 Revenues $53.0 Bil $57.4 Bil Operating Income $16.1 Bil $18.1 Bil Net Income $10.5 Bil $12.4 Bil Last 2 Fiscal Quarters: Metric 2026 FQ2 2026 FQ3 Revenues $16.1 Bil $17.2 Bil Operating Income $5.2 Bil $5.6 Bil Net Income $6.1 Bil $3.7 Bil The losing streak ORCL stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, ...
Palantir Technologies (NASDAQ:PLTR) is set to report its earnings on Monday, May 4, 2026. The company has $334 Bil in current market capitalization. Revenue over the last twelve months was $4.5 Bil, and it was operationally profitable with $1.4 Bil in operating profits and net income of $1.6 Bil. While a lot will depend on how results stack up against consensus and expectations, understanding hist...
Palantir Technologies (NASDAQ:PLTR) is set to report its earnings on Monday, May 4, 2026. The company has $334 Bil in current market capitalization. Revenue over the last twelve months was $4.5 Bil, and it was operationally profitable with $1.4 Bil in operating profits and net income of $1.6 Bil. While a lot will depend on how results stack up against consensus and expectations, understanding historical patterns might just turn the odds in your favor if you are an event-driven trader. There are two ways to do that: understand the historical odds and position yourself prior to the earnings release, or look at the correlation between immediate and medium-term returns post earnings and position yourself accordingly after the earnings are released. See earnings reaction history of all stocks Individual stocks swing, but a balanced asset allocation doesn’t. Trefis’ Boston-based wealth management partner blends strategy and discipline to smooth out market noise. Trefis: PLTR Stock Insights Palantir Technologies’s Historical Odds Of Positive Post-Earnings Return Some observations on one-day (1D) post-earnings returns: There are 20 earnings data points recorded over the last five years, with 11 positive and 9 negative one-day (1D) returns observed. In summary, positive 1D returns were seen about 55% of the time. and one-day (1D) returns observed. In summary, positive 1D returns were seen about 55% of the time. Notably, this percentage increases to 67% if we consider data for the last 3 years instead of 5. Median of the 11 positive returns = 20%, and median of the 9 negative returns = -12% Additional data for observed 5-Day (5D) and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. Forward Returns Earnings Date 1D 5D 21D 2/2/2026 6.8% -3.3% 3.7% 11/3/2025 -7.9% -6.5% -14.1% 8/4/2025 7.8% 13.7% -3.6% 5/5/2025 -12.0% -4.3% 5.0% 2/3/2025 24.0% 39.3% 7.6% 11/4/2024 23.5% 45.5% 68.7% 8/5/2024 10.4% 22.0% 27.0% 5/6/2024 -15.1% -16.9% -...
FreshSplash/E+ via Getty Images By Mark Barnes, PhD, Head of Global Investment Research, Americas | Indhu Raghavan, CFA, Manager, Global Investment Research Sensitivity to Middle East oil disruption and higher rates drive asset returns in March Near-term inflation pressures and the expected supply shock to the global economy left major central banks in wait-and-see mode. Global Equities – US equit...
FreshSplash/E+ via Getty Images By Mark Barnes, PhD, Head of Global Investment Research, Americas | Indhu Raghavan, CFA, Manager, Global Investment Research Sensitivity to Middle East oil disruption and higher rates drive asset returns in March Near-term inflation pressures and the expected supply shock to the global economy left major central banks in wait-and-see mode. Global Equities – US equities fare better in March’s global equity rout Given the US’s relative insulation from the Middle East energy supply shock, US equities outperformed global peers. Asia Pacific equities, with some of the highest exposures to the supply disruption, lagged badly. Global Fixed Income – Duration out of favor given higher inflation expectations In a reversal from February, long-duration government bonds, and longer-duration corporate bond sectors such as investment grade, generally lagged. The sharper rise in UK & European yields in March compared to the US were also reflected in returns. Equity Industries – Energy soars; Real Estate struggles most On average, Energy led industry returns across regions and was often the only positive/accretive industry in March. Yield rises and flattening yield curves challenged Real Estate and Financials in particular, but most industries were in the red. Alternative Indices (USD) – Energy and metals diverge Global crude, especially Brent, saw historic price spikes and volatility over March. Gold and Silver pulled back, possibly due to profit-taking after a massive runup over 12M. REITs indices remained under pressure from rising rates. Equity Factors – Value continues to outperform In LCY* terms, Value outperformed broadly in March and over 3M, signaling a continued rotation into pockets of the market less favored during the Tech-led rally. Foreign exchange – US dollar finds its footing The US dollar, which had begun to appreciate in February versus major currencies such as the euro, pound and yen, strengthened more broadly in March, helped by U...
Earnings Call Insights: Monolithic Power Systems (MPWR) Q1 2026 Management view “In Q1, MPS achieved record quarterly revenue of $804 million, 7% higher than the fourth quarter of 2025 and 26% higher than the first quarter of 2025,” said Tony Balow. Balow highlighted demand drivers and strategic expansion: “Our communications end market grew 33% sequentially on the strength of our power solutions ...
Earnings Call Insights: Monolithic Power Systems (MPWR) Q1 2026 Management view “In Q1, MPS achieved record quarterly revenue of $804 million, 7% higher than the fourth quarter of 2025 and 26% higher than the first quarter of 2025,” said Tony Balow. Balow highlighted demand drivers and strategic expansion: “Our communications end market grew 33% sequentially on the strength of our power solutions for optical modules and switches,” and “MPS continued to grow our capacity past our original $4 billion plan with a new goal of reaching $6 billion in the near future.” On product expansion, Balow said, “We sampled our first high-speed interface products for DDR5 at major customers,” and positioned the longer-term shift: “MPS…accelerate our transition from chips only to a full-service silicon-based solution provider.” CEO Michael R. Hsing emphasized competitive differentiation and execution: “We are the best in the market segment because we provide a total monolithic power solutions,” and “we don't want to be the dominant suppliers…our goal is to diversify growth.” Outlook Management raised its Enterprise Data growth framing vs. last quarter: “In the last call, we kind of rose that to a 50% floor…at this point in time, I think we're comfortable raising that floor up to around 85% year-over-year growth,” said Tony Balow. On gross margin direction and caution, Balow said, “For Q2…we did have the confidence to increase incrementally our gross margins…[but] we do…see some strong headwinds potentially in the second half. And so we're not…remaining cautious for the guidance in the second half of the year.” (No specific Q2 revenue, EPS, or gross margin percentage guidance was stated in the transcript.) On end-market pacing, Balow reiterated: “Auto…would be roughly flat for the first half of the year and ramping in later in the year,” and for Storage & Compute, “we're still very optimistic on storage…more cautious on notebook.” Financial results The company reported “record quarter...
Making his first appearance before Congress since the Trump administration went to war against Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats. (Image credit: Rod Lamkey Jr.)
Making his first appearance before Congress since the Trump administration went to war against Iran, Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats. (Image credit: Rod Lamkey Jr.)
(RTTNews) - EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests.
(RTTNews) - EQ Resources Limited (EQR.AX), a tungsten mining company, said Friday that it will not proceed with its proposed acquisition of Tungsten Metals Group Limited, citing a strategic review that determined the deal is not in shareholders' best interests.