U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs to "much higher" levels if the 27-nation bloc fails to do so. In a post on Truth Soc...
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs to "much higher" levels if the 27-nation bloc fails to do so. In a post on Truth Social late Thursday, Trump issued a new trade deadline during a "great call" with European Commission President Ursula von der Leyen, one in which he said both leaders agreed Iran can never possess a nuclear weapon. The conversation took place shortly after the U.S. president pledged to raise tariffs on cars and trucks imported from the EU to 25%, accusing the bloc of not complying with the terms of the deal struck at his golf course in Scotland last July. "I've been waiting patiently for the EU to fulfill their side of the Historic Trade Deal we agreed in Turnberry, Scotland, the largest Trade Deal, ever! A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!" Trump said. "I agreed to give her until our Country's 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels," he added, referring to July 4. Read more Trump says he's raising EU auto tariffs to 25% EU postpones vote on U.S. trade deal after Trump’s latest tariff threat Trump strikes EU trade deal with 15% tariffs It wasn't immediately clear whether Trump was indicating that the tariffs would apply to all EU goods or whether the increase would only apply to autos. His latest comments suggest that he is backing away from last week's threat to impose higher tariffs on cars and trucks imported from the bloc, however. The EU's von der Leyen said via X that the bloc remains "fully committed" to the implementation of the trade deal. She added that "good progress is being made towards tariff reduction by early July." 'Still so...
Earnings Call Insights: Pacific Biosciences of California (PACB) Q1 2026 Management view "Our first quarter of 2026 was highlighted by record consumable revenue, greater than 100% year-over-year growth in consumable shipments to clinically focused accounts and significant progress on our strategic objectives, including entering our first significant AI-related project with Basecamp Research." (Pre...
Earnings Call Insights: Pacific Biosciences of California (PACB) Q1 2026 Management view "Our first quarter of 2026 was highlighted by record consumable revenue, greater than 100% year-over-year growth in consumable shipments to clinically focused accounts and significant progress on our strategic objectives, including entering our first significant AI-related project with Basecamp Research." (President, CEO & Director Christian Henry) "On the other hand, instrument revenue, particularly Vega, was lower than we had expected" and management cited "continuing pressure on academic funding, particularly in the United States" and that the company was "unable to deliver some products to the Middle East because of the conflict in the region." (President, CEO & Director Henry) "We closed the sale of our high-throughput short-read sequencing assets to Illumina, generating approximately $48.1 million in net cash proceeds" and "resolved outstanding litigation with personal genomics of Taiwan," which management said "sharpen our focus" on "long-read sequencing." (President, CEO & Director Henry) "We reported total revenue of $37.2 million in the first quarter of 2026" and "consumables...reached a record $21.8 million," while "instrument revenue...was $9.7 million." (CFO & Principal Accounting Officer James Gibson) Outlook "We are lowering the high end of our outlook for 2026 revenue by $5 million and now expect revenue in the range of $165 million to $175 million." (CFO Gibson) "We continue to assume no meaningful recovery in academic and government funding, particularly in the Americas." (CFO Gibson) "We expect non-GAAP gross margin improvement in 2026 to be towards the lower end of our previously communicated range of 100 to 400 basis points" as "rising compute costs will temper the pace of margin improvement in the near term." (CFO Gibson) "Non-GAAP operating expenses are expected to be in the range of $220 million to $225 million." (CFO Gibson) Financial results Q1 revenue ...
(Kranky) Essaying a broken heart, the New Yorker puts her voice front and centre for her most accessible work yet, though still with unexpected details – and a Schumann cover The new album from Ana Roxanne was written after a transformative experience of heartbreak. And just as you might wake up one day after a breakup and find yourself feeling OK, there’s a new clarity here. Where the New York-b...
(Kranky) Essaying a broken heart, the New Yorker puts her voice front and centre for her most accessible work yet, though still with unexpected details – and a Schumann cover The new album from Ana Roxanne was written after a transformative experience of heartbreak. And just as you might wake up one day after a breakup and find yourself feeling OK, there’s a new clarity here. Where the New York-based musician’s vocals were once stretched out and suspended among hazy ambient textures, on Poem 1 they are front and centre. For the first time, we hear Roxanne’s lovely, wispy voice in lucid detail, as she contemplates loss and desire over slow and stripped-back compositions. The record opens with a collection of mournful ballads which draw more on pop songwriting than Roxanne’s usual amorphous style. Her yearning is tangible in the simple yet evocative lyrics, but also beyond: the tense vibrato of the strings in The Age of Innocence; the sustained keys in Keepsake. There are occasional traces of the experimentalism of her first two records, in the droning synths, or the faint, granular whirr of tape looming in the background. These elements, paired with Roxanne’s strength as a singer, give these songs a leg-up when they risk feeling too drab or generic. Continue reading...
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4% Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth due to the conflict in the Middle East. Halifax, which is part of Lloyds – Britain’s biggest mortgage l...
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4% Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth due to the conflict in the Middle East. Halifax, which is part of Lloyds – Britain’s biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading...
Wayve CEO Alex Kendall explains end-to-end autonomous driving, how Wayve's approach differs to those of Tesla and Waymo, and why artificial intelligence licensing could scale fastest. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Wayve CEO Alex Kendall explains end-to-end autonomous driving, how Wayve's approach differs to those of Tesla and Waymo, and why artificial intelligence licensing could scale fastest. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Wayve CEO Alex Kendall explains how an artificial intelligence-driven approach to self-driving -- using onboard intelligence and real-world learning -- is reshaping how autonomous cars and robotaxis are built and scaled. Kendall speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Wayve CEO Alex Kendall explains how an artificial intelligence-driven approach to self-driving -- using onboard intelligence and real-world learning -- is reshaping how autonomous cars and robotaxis are built and scaled. Kendall speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Srikanth Thirumalai, vice president of onboard software at Waymo, breaks down the company's approach to autonomous cars. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Srikanth Thirumalai, vice president of onboard software at Waymo, breaks down the company's approach to autonomous cars. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Srikanth Thirumalai, vice president of onboard software at Waymo, explains the company's full-stack approach drive simulator, its safety-critique, and how it stacks up against Tesla's strategy. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Srikanth Thirumalai, vice president of onboard software at Waymo, explains the company's full-stack approach drive simulator, its safety-critique, and how it stacks up against Tesla's strategy. He speaks to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
Hungary Returns Ukrainian Bank Cash & Gold Seized During Election Campaign Authored by Thomas Brooke via Remix News, Hungary has returned money and valuables belonging to Ukrainian state-owned bank Oschadbank after authorities seized the shipment earlier this year while it was being transported from Austria to Ukraine. Ukrainian President Volodymyr Zelensky announced the return on Telegram on Wedn...
Hungary Returns Ukrainian Bank Cash & Gold Seized During Election Campaign Authored by Thomas Brooke via Remix News, Hungary has returned money and valuables belonging to Ukrainian state-owned bank Oschadbank after authorities seized the shipment earlier this year while it was being transported from Austria to Ukraine. Ukrainian President Volodymyr Zelensky announced the return on Telegram on Wednesday, saying the assets had been seized by Hungarian special services in March, a move he claimed had been unjustified. “Today, the funds and valuables of Oschadbank, seized by Hungarian special services in March of this year, were returned,” Zelensky wrote. “I thank Hungary for the constructive and civilized step,” he added. The shipment, which reportedly included cash and gold belonging to Oschadbank’s Ukrainian branch, was stopped by Hungarian authorities during a period of high tension between Budapest and Kyiv. Hungarian officials said at the time that the bank workers involved were suspected of money laundering. The Ukrainians were later released, but the authorities retained the seized assets until now. The incident occurred during Hungary’s parliamentary election campaign last month, when Prime Minister Viktor Orbán had made criticism of Ukraine a central part of his political messaging. His government was also locked in a dispute with Kyiv over the interruption of Russian oil supplies through Ukraine to Hungary via the Druzhba pipeline. Orbán, who had long clashed with Ukraine and its European backers over sanctions, aid, and energy policy, was defeated in April’s election . Péter Magyar, the leader of the Tisza party, will now succeed him, and the new Hungarian parliament is expected to be sworn in on Saturday. The return of the Oschadbank assets follows a broader easing of tensions between Budapest and Kyiv. Despite multiple claims from Ukraine during the election campaign that the Druzhba pipeline could not simply resume due to damage inflicted by Russian shell...
Amadeus IT Group, S.A. press release ( AMADF ): Q1 GAAP EPS of €0.83. Revenue of €1.68B (+3.1% Y/Y). Adjusted EBIT amounted to €500.0 million, increasing 6.6%2 at constant currency. Free cash flow amounted to €273.6 million, increasing 4.5%. Net financial debt was €2,586.0 million at March 31, 2026. More on Amadeus IT Group, S.A. Amadeus IT Group, S.A. (AMADY) M&A Call Transcript Amadeus IT Group,...
Amadeus IT Group, S.A. press release ( AMADF ): Q1 GAAP EPS of €0.83. Revenue of €1.68B (+3.1% Y/Y). Adjusted EBIT amounted to €500.0 million, increasing 6.6%2 at constant currency. Free cash flow amounted to €273.6 million, increasing 4.5%. Net financial debt was €2,586.0 million at March 31, 2026. More on Amadeus IT Group, S.A. Amadeus IT Group, S.A. (AMADY) M&A Call Transcript Amadeus IT Group, S.A. (AMADY) Idemia Public Security France - M&A Call - Slideshow Amadeus IT Group, S.A. (AMADY) Q4 2025 Earnings Call Transcript Amadeus eyes IDEMIA biometrics business in €1.2B deal Seeking Alpha’s Quant Rating on Amadeus IT Group, S.A.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)