Japan's SoftBank ( SFTBY ) ( SFTBF ) is looking to develop and manufacture local AI servers, weighing plans to start designing and assembling components by the end of the decade with the help of companies like Nvidia ( NVDA
Japan's SoftBank ( SFTBY ) ( SFTBF ) is looking to develop and manufacture local AI servers, weighing plans to start designing and assembling components by the end of the decade with the help of companies like Nvidia ( NVDA
Paris prosecutors called for Elon Musk to face charges over the functioning of his social media platform X, according to a statement on Thursday. The prosecutors also called on investigating magistrates to charge former X Corp. Chief Executive Officer Linda Yaccarino as well as companies related to the platform, including xAI. The case is examining allegations including denial of crimes against hu...
Paris prosecutors called for Elon Musk to face charges over the functioning of his social media platform X, according to a statement on Thursday. The prosecutors also called on investigating magistrates to charge former X Corp. Chief Executive Officer Linda Yaccarino as well as companies related to the platform, including xAI. The case is examining allegations including denial of crimes against humanity through Grok, aiding and abetting the possession of child sexual abuse material, disseminating online non-consensual deepfakes of a sexual nature, and operating an online platform to facilitate illicit transactions as part of an organized crime group. The matter was initially led by Paris prosecutors but they decided to task investigative judges with wider probing powers to pursue it. Representatives of X didn’t immediately respond to emails seeking comment. Read More: Musk Snubs French in Case Over Grok Sexual Images, AFP Says
Earnings Call Insights: ACI Worldwide (ACIW) Q1 2026 Management View "We're pleased with the start to 2026" and "increasingly optimistic about the outlook for our business," Thomas Warsop said (CEO, President & Director Thomas Warsop), citing "6% organic revenue growth in constant currency," "over 160 basis points of FX-adjusted net adjusted
Earnings Call Insights: ACI Worldwide (ACIW) Q1 2026 Management View "We're pleased with the start to 2026" and "increasingly optimistic about the outlook for our business," Thomas Warsop said (CEO, President & Director Thomas Warsop), citing "6% organic revenue growth in constant currency," "over 160 basis points of FX-adjusted net adjusted
Earnings Call Insights: Collegium Pharmaceutical (COLL) Q1 2026 Management view “In the first quarter, we made meaningful progress on our 2026 strategic priorities and took an important step forward with the proposed acquisition of AZSTARYS,” said CEO Vikram Karnani, adding that “the addition of
Earnings Call Insights: Collegium Pharmaceutical (COLL) Q1 2026 Management view “In the first quarter, we made meaningful progress on our 2026 strategic priorities and took an important step forward with the proposed acquisition of AZSTARYS,” said CEO Vikram Karnani, adding that “the addition of
Berkshire Hathaway Michael M. Santiago/Getty Images News This past Saturday, Berkshire Hathaway Inc. ( BRK.B ) reported its first quarter 2026 earnings. The release missed expectations on both revenue and EPS, with sales being a full $1.5 billion off
Berkshire Hathaway Michael M. Santiago/Getty Images News This past Saturday, Berkshire Hathaway Inc. ( BRK.B ) reported its first quarter 2026 earnings. The release missed expectations on both revenue and EPS, with sales being a full $1.5 billion off
Honduras’ new president is reviewing his predecessor’s agreements with China, a process that could help the US push to reduce the Asian nation’s influence in the region and lead to recognition of Taiwan. In an interview, Nasry Asfura said that before Honduras can make a “final decision” on its relationships in Asia, the government needs to look over commitments and accords signed by predecessor Xi...
Honduras’ new president is reviewing his predecessor’s agreements with China, a process that could help the US push to reduce the Asian nation’s influence in the region and lead to recognition of Taiwan. In an interview, Nasry Asfura said that before Honduras can make a “final decision” on its relationships in Asia, the government needs to look over commitments and accords signed by predecessor Xiomara Castro ’s administration, which recognized China over Taiwan in 2023. Telecommunications equipment from Chinese firm Huawei Technologies Co. is part of the review, and Honduras is in talks with the US government on using technology from Cisco Systems Inc. , he said. The government wants communications equipment with the latest anti-fraud and anti-terrorism systems and sees its friendly relations with the US as “very interesting in the analysis of those technologies,” he said. During the 2025 campaign, Asfura said Honduras needed to break diplomatic relations with Beijing and recognize Taiwan because the country received more in aid and trade when the country had formal ties with Taipei. Asfura, who took office in January, received Donald Trump ’s endorsement ahead of last year’s vote and was invited to the US president’s Shield of the Americas summit in March alongside other conservative Latin American presidents including El Salvador’s Nayib Bukele and Argentina’s Javier Milei . “We are seeking to strengthen the best possible relationship with ally countries that is most beneficial for Honduras,” Asfura said Wednesday in an interview at the Milken Institute Global Conference in Beverly Hills. “As president, it is my duty to seek out ally countries where we can have greater trade and investment.” Read more: Honduras Presidential Rival Vows to Embrace US, Rebuff China The Trump administration has pressured governments throughout Latin America to reconsider their relationships with its rival superpower in Asia. US Treasury Secretary Scott Bessent has said Milei is “comm...
Deglobalization has been a recurring theme in macro research for over a decade, but according to a new note from TS Lombard, the process is no longer just theoretical, it is gaining tangible momentum, with real consequences for inflation, supply chains, and government spending.
Deglobalization has been a recurring theme in macro research for over a decade, but according to a new note from TS Lombard, the process is no longer just theoretical, it is gaining tangible momentum, with real consequences for inflation, supply chains, and government spending.
As of March 31, 2026, Ballast Asset Management fully exited its position in Resolute Holdings Management (NYSE:RHLD) , selling 15,869 shares in a trade estimated at $2.89 million based on quarterly average pricing. According to a filing with the U.S. Securities and Exchange Commission dated May 7, 2026, Ballast Asset Management sold 15,869 shares of Resolute Holdings Management. The estimated tran...
As of March 31, 2026, Ballast Asset Management fully exited its position in Resolute Holdings Management (NYSE:RHLD) , selling 15,869 shares in a trade estimated at $2.89 million based on quarterly average pricing. According to a filing with the U.S. Securities and Exchange Commission dated May 7, 2026, Ballast Asset Management sold 15,869 shares of Resolute Holdings Management. The estimated transaction value is $2.89 million, calculated using the average closing price for the first quarter of 2026. The fund’s quarter-end position value in the company changed by $3.25 million, reflecting both the sale and stock price changes. Resolute Holdings Management is an alternative asset management platform headquartered in New York City. The company leverages a specialized business services model to deliver tailored investment solutions to institutional and high-net-worth clients. With a focus on disciplined asset management and fee-based revenue streams, Resolute Holdings Management aims to differentiate itself through expertise in alternative investments and operational efficiency. Continue reading
(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Cent...
(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Paus
Michael M. Santiago/Getty Images News DoorDash ( DASH ) plans to spend more than $50M this spring to help its delivery drivers deal with sharply higher fuel costs. The company is offering the aid mainly through temporary pay boosts and gas rewards in the second quarter. The
Michael M. Santiago/Getty Images News DoorDash ( DASH ) plans to spend more than $50M this spring to help its delivery drivers deal with sharply higher fuel costs. The company is offering the aid mainly through temporary pay boosts and gas rewards in the second quarter. The