The following companies are expected to report earnings prior to market open on 05/08/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Enbridge Inc (ENB)is reporting for the quarter ending March 31, 2026. The oil (production/pipeline) company's con
The following companies are expected to report earnings prior to market open on 05/08/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Enbridge Inc (ENB)is reporting for the quarter ending March 31, 2026. The oil (production/pipeline) company's con
Secondary trading of private credit is on track to more than double last year’s record volume, according to HarbourVest Partners. “Through the first quarter we’re run-rating above $50 billion this year,” Greg Ciesielski, the $150 billion global private-markets firm’s head of credit secondaries, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Jean-Yves Coupin in this episode of the...
Secondary trading of private credit is on track to more than double last year’s record volume, according to HarbourVest Partners. “Through the first quarter we’re run-rating above $50 billion this year,” Greg Ciesielski, the $150 billion global private-markets firm’s head of credit secondaries, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Jean-Yves Coupin in this episode of the Credit Edge podcast. “It’s certainly a buyer’s market at the moment, which is what you generally se
It's been a volatile year for Pinterest (NYSE: PINS) shares. The stock crashed in February after its Q4 earnings report, sending its shares down more than 40% at the start of the year. However, the stock has bounced back, helped by the backing of activist investor Elliott Investment Management, and more recently, a strong Q1 report. Pinterest stock now finds itself down around 12% on the year, as ...
It's been a volatile year for Pinterest (NYSE: PINS) shares. The stock crashed in February after its Q4 earnings report, sending its shares down more than 40% at the start of the year. However, the stock has bounced back, helped by the backing of activist investor Elliott Investment Management, and more recently, a strong Q1 report. Pinterest stock now finds itself down around 12% on the year, as of this writing. Let's dive into Pinterest's first-quarter results and prospects to see why I think it's not too late to buy the social media stock . Last quarter, Pinterest saw its stock get annihilated after it projected that its Q1 revenue would grow by between 11% and 14% to a range of $951 million and $971 million, which was a deceleration from the 14% growth it saw in Q4. That forecast proved to be ultra conservative, however, as its Q1 revenue accelerated to 18% growth to $1 billion. It was its fastest pace of growth since Q4 of 2024. The growth was led by a 24% increase in ad impressions, while ad prices fell by 5%. Continue reading
wildpixel/iStock via Getty Images Last November , I highlighted UroGen Pharma Ltd. ( URGN ) as a Strong Buy, setting a $33/share target price by the end of 2026. Shortly after publication, shares surged as the market began to fully appreciate the potential of
wildpixel/iStock via Getty Images Last November , I highlighted UroGen Pharma Ltd. ( URGN ) as a Strong Buy, setting a $33/share target price by the end of 2026. Shortly after publication, shares surged as the market began to fully appreciate the potential of
The Calamos Phineus Long/Short Fund declined 3.6% in Q1 versus a 4.6% price decline for the S&P 500 Index. During the quarter, the fund initiated new positions in Citigroup ( C ), Baker Hughes ( BKR ), Infineon Technologies (
The Calamos Phineus Long/Short Fund declined 3.6% in Q1 versus a 4.6% price decline for the S&P 500 Index. During the quarter, the fund initiated new positions in Citigroup ( C ), Baker Hughes ( BKR ), Infineon Technologies (
The head of the International Energy Agency is urging Canada to move more quickly to develop and export its energy resources, warning that market conditions will only favor the country for so long. Typically, countries buy energy based on price. But in the aftermath of the Iran war, “there will be an energy security risk premium,” Fatih Birol , the IEA’s executive director, told a policy conferenc...
The head of the International Energy Agency is urging Canada to move more quickly to develop and export its energy resources, warning that market conditions will only favor the country for so long. Typically, countries buy energy based on price. But in the aftermath of the Iran war, “there will be an energy security risk premium,” Fatih Birol , the IEA’s executive director, told a policy conference in Toronto on Thursday. As a result, “the most important resource, or card, that Canada has today is trust.” He acknowledged the country has a reputation internationally for lengthy timelines on major projects, in part because of its multiple levels of government. “Canada doesn’t have the luxury to be slow,” he said, noting that many factors have come together to create a “golden opportunity” for the country. “The cost of missing this train will be incredible,” he said. Birol warned that the world is losing 14 million barrels per day of oil because of the war in Iran, and that ramping up production after the conflict will be gradual. He reiterated that the IEA is prepared to take further action after members agreed in March to release 400 million barrels of oil to the market. He stressed that accelerating the speed of major projects shouldn’t come at the cost of lower standards, including those covering the environment and human rights. “I wish there were a few more Canadas in the world,” he said, “so that we can have a much more reliable and sustainable global energy system.” Asked after his speech what he’s told the Canadian government about oil and gas, he replied: “They have to develop those resources, but more importantly they have to make sure that they have new export destinations.” He said he believes Prime Minister Mark Carney understands the urgency. Birol’s remarks come a day after Cenovus Energy Inc. Chief Executive Officer Jon McKenzie told analysts that higher costs for new oil sands projects mean they will only work economically if environmental rules are l...
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a se...
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”
A former Willkie Farr & Gallagher counsel is cooperating with prosecutors after pleading guilty to being one of the elite mergers and acquisitions lawyers who provided tips on deals to a massive insider trading ring. Gabriel Gershowitz is one of the 30 people against whom charges were unsealed Wednesday by federal prosecutors in Boston. But additional unsealed documents show Gershowitz and eight o...
A former Willkie Farr & Gallagher counsel is cooperating with prosecutors after pleading guilty to being one of the elite mergers and acquisitions lawyers who provided tips on deals to a massive insider trading ring. Gabriel Gershowitz is one of the 30 people against whom charges were unsealed Wednesday by federal prosecutors in Boston. But additional unsealed documents show Gershowitz and eight others have already pleaded guilty and are cooperating with the government. According to the indictments, as well as a parallel suit filed by the Securities and Exchange Commission on Wednesday, Nicolo Nourafchan, a 2011 Yale Law School graduate who worked at three large firms from 2013 to 2023, stole confidential deal information from those employers. He allegedly conspired with an undergraduate classmate at George Washington University, Robert Yadgarov, to recruit other corporate lawyers to tip off a network of relatives, friends, classmates and associates. “Willkie is aware that a former employee is alleged to have engaged in conduct that would constitute a severe violation of our clear and well-defined compliance policies, which we take seriously and enforce across the firm,” the firm said in a statement Thursday. “There are no allegations of wrongdoing against the firm, which has and will continue to cooperate fully with the investigation of this matter.” College Classmates The SEC identified Gershowitz in its suit as one of Nourafchan and Yadgarov’s recruits. A college classmate of theirs, Gershowitz went on to Columbia Law School and subsequently worked at a number of large firms. Though authorities didn’t identify any of the firms targeted for information, Nourafchan’s previous employers included Goodwin Procter and Latham & Watkins . Another alleged co-conspirator worked at Wachtell Lipton Rosen & Katz . Gershowitz pleaded guilty in February 2025. His sentencing, which is currently scheduled for November, has been repeatedly postponed at the request of the governmen...
The week leading up to Thanksgiving 2023 was the AI industry's biggest soap opera moment. OpenAI CEO Sam Altman was abruptly ousted from his role at the ChatGPT-maker. The explanation? That Altman was "not consistently candid in his communications with the board." Now, via witness testimony and trial exhibits in Musk v. Altman , the public is getting a concrete look behind the scenes of that drama...
The week leading up to Thanksgiving 2023 was the AI industry's biggest soap opera moment. OpenAI CEO Sam Altman was abruptly ousted from his role at the ChatGPT-maker. The explanation? That Altman was "not consistently candid in his communications with the board." Now, via witness testimony and trial exhibits in Musk v. Altman , the public is getting a concrete look behind the scenes of that dramatic weekend for the first time, much of it centered on former CTO Mira Murati. It was a unique situation in that the rollercoaster of a power play - which seemed to change every hour - took place, in many ways, publicly. The board's strikingly vague … Read the full story at The Verge.
rarrarorro President Donald Trump said he is giving the European Union until July 4, 2026, to finalize a trade agreement with the United States, warning that tariffs on European goods could rise sharply if a deal is not completed by then.
rarrarorro President Donald Trump said he is giving the European Union until July 4, 2026, to finalize a trade agreement with the United States, warning that tariffs on European goods could rise sharply if a deal is not completed by then.
boggy22/iStock Editorial via Getty Images Followers of Italian bank UniCredit ( UNCRY )( UNCFF ) will have gotten used to its habit of delivering blockbuster quarterly reports. In that sense, Q1 2026 was another wonderfully predictable period for the firm, as it once
boggy22/iStock Editorial via Getty Images Followers of Italian bank UniCredit ( UNCRY )( UNCFF ) will have gotten used to its habit of delivering blockbuster quarterly reports. In that sense, Q1 2026 was another wonderfully predictable period for the firm, as it once