In this article MSFT AMZN Follow your favorite stocks CREATE FREE ACCOUNT Avishek Das | Lightrocket | Getty Images OpenAI revenue chief Denise Dresser said the AI company's agreement on Tuesday to make its models available on Amazon had nothing to do with an announcement a day earlier that the startup had restructured its relationship with Microsoft for a second time in six months. "The two are no...
In this article MSFT AMZN Follow your favorite stocks CREATE FREE ACCOUNT Avishek Das | Lightrocket | Getty Images OpenAI revenue chief Denise Dresser said the AI company's agreement on Tuesday to make its models available on Amazon had nothing to do with an announcement a day earlier that the startup had restructured its relationship with Microsoft for a second time in six months. "The two are not related in any way," Dresser told CNBC in an interview following OpenAI's announcement with Amazon. Analysts aren't so sure. A lot has happened since late October, when OpenAI completed its recapitalization, giving Microsoft a 27% stake in the for-profit side of the artificial intelligence company. As part of that arrangement, OpenAI agreed to purchase an incremental $250 billion of Azure services. And a revenue share agreement would remain until OpenAI was verified by an independent panel to have reached artificial general intelligence, or AGI. One major development since then is that OpenAI has been cozying up to Amazon, Microsoft's biggest rival in cloud infrastructure. In November, OpenAI disclosed a $38 billion commitment with Amazon Web Services. And in late February, Amazon said it would invest $50 billion in OpenAI, which would, in turn, use 2 gigawatts worth of AWS' custom Trainium chips for training AI models. Amazon and OpenAI also agreed at the time to jointly develop "customized models" for Amazon's engineering teams to power its consumer products, and OpenAI's spending commitment on AWS expanded by $100 billion. "That was the big thing that was happening," said RBC Capital Markets analyst Rishi Jaluria, who recommends buying Microsoft shares, in an interview. This week's one-two punch is the starkest sign yet that a dramatic shift is underway in the decade-long relationship between Microsoft and OpenAI. It started in 2016, when OpenAI began running its big experiments on Azure. Three years later, Microsoft invested its first $1 billion in OpenAI, a number th...
私募股权巨头CVC Capital Partners正在重新评估对意大利支付集团Nexi的收购要约，报价可能高达90亿欧元。这已是CVC第三次试探收购这家欧洲领先的金融科技公司，然而，复杂的政治与监管障碍使交易前景充满不确定性。 昔日“独角兽”没落成潜在猎物 Nexi曾是欧洲支付领域的领军企业，在疫情期间更是创下过股价高点的辉煌。然而，随着市场竞争加剧、核心商户服务合同费率重谈压力以及盈利预警，其...
Wirestock/iStock Editorial via Getty Images Introduction SkyWest ( SKYW ) reported a strong first quarter and I think the stock remains an interesting opportunity despite some near-term noise around fuel costs. Since my last article on the stock in February, shares are down about 18%. The regional airline model doesn't always get a lot of love from investors and I get why. Airlines are historicall...
Wirestock/iStock Editorial via Getty Images Introduction SkyWest ( SKYW ) reported a strong first quarter and I think the stock remains an interesting opportunity despite some near-term noise around fuel costs. Since my last article on the stock in February, shares are down about 18%. The regional airline model doesn't always get a lot of love from investors and I get why. Airlines are historically difficult businesses. But SkyWest has carved out a niche that I think is misunderstood by the market. Their capacity purchase agreement ( CPA ) structure insulates them from demand risk in a way that most carriers simply can't mitigate and their relationships with the major carriers give them multi-year earnings visibility that's rare in this industry. At under 5x EV/EBITDA, I think the market is leaving something on the table here. Recent Results SkyWest’s Q1’26 was a strong quarter that beat on both the top and bottom line. On revenues, sales came in at $1.01 billion , up 7% from last year and $21 million higher than analyst expectations thanks to higher block-hour production. On EPS, earnings per share came in at $2.50, good for a 33 cent beat relative to sellside estimates. Seeking Alpha When looking at the results by segment, Contract revenue increased 3.2% compared to last year while prorate and charter revenue rose 28.2%. With block hours were up 3.1% despite the number of passengers carried down slightly (0.6%). Company Filings In terms of key highlights in the quarter, SkyWest took delivery of one new E175, and has made progress on CRJ700-to-CRJ550 conversions with 29 aircraft now in service, and the prototype launch of the CRJ450 which will be a premium 41-seat reconfigured CRJ200 equipped with first-class overhead bins, large luggage closets, and Starlink WiFi that’s set to begin United ( UAL ) operations this fall. Management expects to grow the fleet toward approximately 100 aircraft from the current 69 today. Company Filings On the earnings call following th...
In an industry where distribution is a key measure, GM (NYSE: GM) says it will put Google’s Gemini in 4 million cars. Unlike other voice-controlled systems, Gemini will integrate sophisticated software, powered by its AI, into vehicles from the largest US car company. GM’s market share in the US is about 18%, which is ahead ... In A Victory, Gemini Put In Four Million GM Cars
In an industry where distribution is a key measure, GM (NYSE: GM) says it will put Google’s Gemini in 4 million cars. Unlike other voice-controlled systems, Gemini will integrate sophisticated software, powered by its AI, into vehicles from the largest US car company. GM’s market share in the US is about 18%, which is ahead ... In A Victory, Gemini Put In Four Million GM Cars
JHVEPhoto ADP's ( ADP ) stock climbed 3.9% in Wednesday premarket trading after the company, known for payroll processing, raised its 2026 guidance after its fiscal Q3 results topped Wall Street consensus estimates. The company now expects FY2026 adjusted EPS to rise 10%-11%, compared with its prior outlook for 9%-10% growth. Guidance for revenue growth was increased to 6%-7% Y/Y from ~6%. It now ...
JHVEPhoto ADP's ( ADP ) stock climbed 3.9% in Wednesday premarket trading after the company, known for payroll processing, raised its 2026 guidance after its fiscal Q3 results topped Wall Street consensus estimates. The company now expects FY2026 adjusted EPS to rise 10%-11%, compared with its prior outlook for 9%-10% growth. Guidance for revenue growth was increased to 6%-7% Y/Y from ~6%. It now expects full-year EBIT margin expansion of 70-80 basis points vs. its prior range of 50-70 bps. Fiscal Q3 adjusted EPS of $3.37, beating the average analyst estimate of $3.30, rose from $3.06 in last year's Q3. Revenue for the quarter ended March 31, 2026, was $5.94B, topping the $5.85B consensus and increasing from $5.55B in the year-ago period. Employer Services revenue of $4.04B grew 7% Y/Y, and PEO Services revenue of $1.91B also increased by 7% from a year ago. Employer Services earnings of $1.66B climbed 11% Y/Y, while PEO Services earnings slipped 2% Y/Y. Q3 total expenses of $4.23B rose from $3.99B in Q3 2025. ADP's ( ADP ) earnings before interest and taxes (EBIT) margin expanded 80 bps to 30.2% from a year ago. "Our third quarter results came in ahead of our expectations across revenue growth, adjusted EBIT margin, and adjusted EPS," said Chief Financial Officer Peter Hadley. "ADP has the financial strength and scale to invest with confidence in AI capabilities across our products, service delivery, and sales organization to fuel our future growth while continuing to deliver on our financial commitments. Our updated fiscal 2026 guidance reflects stronger revenue and earnings growth." More on Automatic Data Processing Automatic Data Processing: A Compelling Short Opportunity Automatic Data Processing Might Be Cheap For A Reason Automatic Data Processing: An Undervalued Dividend King With Strong Growth Automatic Data Processing beat Q1 estimates, raises outlook
Kaewta Suphan/iStock via Getty Images By Joe Amato and Jeff Blazek Executive Summary Looking through the significant near-term disruption of the Middle East conflict, the Asset Allocation Committee retains its broadly constructive medium-term outlook on growth and risk assets. In a more complex investment environment, traditional diversifiers have not performed as expected, policy expectations hav...
Kaewta Suphan/iStock via Getty Images By Joe Amato and Jeff Blazek Executive Summary Looking through the significant near-term disruption of the Middle East conflict, the Asset Allocation Committee retains its broadly constructive medium-term outlook on growth and risk assets. In a more complex investment environment, traditional diversifiers have not performed as expected, policy expectations have repriced, and war-driven fiscal and inflation pressures have pushed government bond yields higher. The range of potential outcomes is wide, yet the structural case for selective exposure to risk assets remains intact, with the Committee upgrading segments where valuations and themes are compelling and trimming where the risk-reward has become harder to justify. Equities Outlook Valuation Reset Despite significant market volatility and rising economic risk from the Middle East conflict, the Committee remains broadly constructive on global equities, underpinned by the U.S. and emerging markets. Valuation multiple contraction and strengthening earnings estimates have created compelling entry points in U.S. large caps, but also in small and mid-caps where the broadening-out thesis—while not yet fully assured—remains a credible and increasingly attractively priced opportunity. However, Europe is confronted with starkly different headwinds; acute energy vulnerability, rising fiscal pressures and deteriorating growth prospects make it the most exposed developed equity market. Japan is better positioned given ongoing structural reform momentum. In emerging markets, compelling structural growth themes and attractive valuations across China, India and Brazil support the Committee’s continued positive stance. China and India’s energy import reliance creates near-term sensitivity, but the fundamental investment view in both markets remains sufficiently robust to maintain conviction, reinforcing a broader view that, even in a more complex and demanding environment, the structural case...
BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies.
BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies.
Roadzen ( RDZN ) on Wednesday said its drivebuddyAI platform had secured a contract valued at about $2.5 million to deploy its AI-based safety system across a fleet of 3,000 heavy-duty trucks in India. The company said the agreement includes potential expansion to 10,000 vehicles over five years, which could increase the total contract value to around $10 million. Roadzen added the deployment woul...
Roadzen ( RDZN ) on Wednesday said its drivebuddyAI platform had secured a contract valued at about $2.5 million to deploy its AI-based safety system across a fleet of 3,000 heavy-duty trucks in India. The company said the agreement includes potential expansion to 10,000 vehicles over five years, which could increase the total contract value to around $10 million. Roadzen added the deployment would involve its multi-camera advanced driver-assistance system, aimed at improving driver monitoring, safety, and fleet management. RDZN +8.16% premarket to $1.59 . Source: Press Release More on Roadzen Seeking Alpha’s Quant Rating on Roadzen Historical earnings data for Roadzen Financial information for Roadzen
Monty Rakusen/DigitalVision via Getty Images O-I Glass ( OI ) down 16.3% pre-market Wednesday after reporting weaker-than-expected Q1 adjusted earnings and cutting earnings guidance for the full year, citing higher global energy costs stemming from the war in the Middle East. Q1 net loss increased to $73M, or $0.48/share, from a loss of $16M, or $0.10/share, in the year-earlier quarter, while reve...
Monty Rakusen/DigitalVision via Getty Images O-I Glass ( OI ) down 16.3% pre-market Wednesday after reporting weaker-than-expected Q1 adjusted earnings and cutting earnings guidance for the full year, citing higher global energy costs stemming from the war in the Middle East. Q1 net loss increased to $73M, or $0.48/share, from a loss of $16M, or $0.10/share, in the year-earlier quarter, while revenue edged 1.7% lower to $1.54B. For FY 2026, O-I Glass ( OI ) said it now expects adjusted EPS of $1.00-$1.50, down from prior guidance of $1.65-$1.90 and well below the $1.67 FactSet analyst consensus. The company also guided for adjusted EBITDA at $1.125B-$1.225B and free cash flow of $50M-$150M, down from previous outlooks of $1.25B-$1.3B and ~$200M. "The revision primarily reflects higher global energy costs driven by the conflicts in the Middle East, as well as additional net price pressure in Europe, which should be partially offset by additional cost reduction actions," the company said. More on O-I Glass O-I Glass: Progress For 2026 Is Wiped Out Already O-I Glass: Cheap Valuations And Better FCF Prospects, Offset By Weak Topline Trends O-I Glass: Fit-To-Win Momentum Sets The Stage For Multi-Year Upside
The lawsuit claims OpenAI was negligent for failing to report the shooter to authorities after her account was flagged for "gun violence activity and planning." (Image credit: Paige Taylor White)
The lawsuit claims OpenAI was negligent for failing to report the shooter to authorities after her account was flagged for "gun violence activity and planning." (Image credit: Paige Taylor White)
Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged. Housing starts soared 10.8% MoM in March (far more than the -0.4% expected drop) while P...
Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged. Housing starts soared 10.8% MoM in March (far more than the -0.4% expected drop) while Permits plunged 10.8% MoM (and worse than the -0.4% decline expected)... This pushed the SAAR totals for Starts to 1.502 million, far above the 1.390 million expected, and the highest since Dec 2024 , but Building Permits fell to their lowest since Aug 2025 Under the hood, Single-Family Starts jumped 9.7%, the most since Feb 2025, and Multi-Family Starts soared 9.6% MoM, while Permits did a mirror image, plunging 23.5% MoM (biggest drop since June 2023) and Single-Family permits plunged 3.8% The lowest mortgage rate since Aug 2022 (aside for the modest Iran war jump) likely helped spark homebuilder appetite to start building, even if it did precisely the reverse with permits. Overall, the report was a mixed bag overall, and tough to project given the impact of surging oil which translated into even higher yields on the mortgage rates for the foreseeable future. Tyler Durden Wed, 04/29/2026 - 09:09