South African President Cyril Ramaphosa faced down calls to resign on Monday over a scandal in which thieves stole bundles of cash in foreign currency hidden in a sofa on his ranch. In a televised address to the nation, Ramaphosa said he respected a constitutional court ruling that revived impeachment proceedings against him ‌last week but pledged to defend himself. “While there have been calls in some circles that I should resign, nothing in the Constitutional Court judgment compels me to...

MattGush/iStock via Getty Images Introduction AI infrastructure is no longer just a semiconductor trade. The vast data centers that are powering the AI revolution are becoming an increasingly important part of the story. Another layer is beginning to emerge, namely that of power-constrained real estate, towers, interconnection, fiber, and networking equipment. In short, the digital infrastructure powering the AI boom. The iShares US Digital Infra & Real Estate ETF ( IDGT ) offers concentrated exposure to this, and while it’s no longer an undiscovered trade, the underlying earnings are starting to validate the market’s enthusiasm. IDGT As A Concentrated Bet On The Physical AI Layer IDGT is not a broad infrastructure ETF, but it’s also not a normal REIT ETF. Instead, it owns a concentrated basket of digital infrastructure companies across technology and real estate. The top holdings include data center landlords, tower operators, interconnection platforms, and networking names. The top three are Equinix, Inc. ( EQIX ), Digital Realty Trust, Inc. ( DLR ), and American Tower Corp. ( AMT ), but its holdings also feature names like CoreWeave, Inc. ( CRWV ). The ETF’s value lies in its hybrid structure. It captures AI infrastructure through both real assets and technology suppliers. The fund has an expense ratio of 0.39%, which is not cheap but in line with competing ETFs in the sector. With nearly $330 million in assets under management, it’s no longer a 'hidden gem,' but it’s also not very large yet. The fund mainly invests in the Tech sector at around 57% of holdings by weight, followed by Real Estate at around 37%. It also has some minor exposure to Communication at around 5%. The top 10 holdings account for around 65% of the total, making it fairly top-heavy. Its current yield of 0.79% is unlikely to turn any heads, and as such, the fund is not to be considered an income product. Earnings Starting To Support Bullish AI Infrastructure Thesis Recent earnings from severa...

These stocks are today’s movers: Moderna, Micron, Intel, Apollo Global, and more MSN

Lumentum’s stock has been red hot, but there are plenty of lesser-known ways to capitalize on the growing connectivity needs of AI data centers, according to Bernstein.

Tech stocks today: Chipmaker Cerebras to stage blockbuster IPO, AI in focus for Trump-Xi meeting Yahoo Finance

Oculis Holding press release ( OCS ): Q1 GAAP EPS of CHF -0.49. As of March 31, 2026, Oculis held cash, cash equivalents and short-term investments of CHF 222.0 million or $277.6 million, compared to CHF 213.0 million or $268.7 million as of December 31, 2025. More on Oculis Holding Seeking Alpha’s Quant Rating on Oculis Holding Historical earnings data for Oculis Holding Financial information for Oculis Holding

Moby summary of National Energy Services Reunited Corp.'s Q1 2026 earnings call

格隆汇5月12日｜据美国财经媒体Semafor报道，白宫正着力压缩开支以备中期选举，与此同时，住房机构纷纷表达担忧，认为政府官员可能将很快缩减一项迄今已资助超过5.6万套保障性租赁住房、且无需纳税人承担成本的项目。全国保障性住房贷款机构协会在一封由十多个团体联署的信函中表示，联邦融资银行风险共担项目已被34个州的机构用于降低借贷成本，同时“为财政部带来净收入增益”，因此“是一个财政立场严肃的政府应当保留的项目”。这些团体指出，白宫2027财年预算“预计对该计划不作任何新承诺”，并警告称目前已有各州住房机构“遭到拒绝”。该协会表示：“鉴于住房短缺问题的严重性，特朗普政府不仅应恢复该项目准入，还应扩大其覆盖范围。”

Nvidia Stock (NVDA) Closes at Record High as AI Trade Accelerates TipRanks

Erik Isakson/DigitalVision via Getty Images If you have followed my work closely, you know that I am a value investor with a contrarian streak. One of the challenges of value investing is that, in the short run, it can underperform investing in growth plays. In the long run, however, I don't think that's true. And the data that I have seen in the past confirms that. Having said that, one of the most difficult things for an ardent value investor is that we often underestimate how much upside a high-growth play can experience in the near term. When growth is astounding, the market often pays a hefty premium for that. And sometimes, that premium can become stratospheric in nature. Back in January of this year, I wrote an article about AAON, Inc. ( AAON ), a player in the HVAC market that has been catering especially recently to the data center industry through the cooling offerings that it provides through its BASX segment. Despite the fact that I am optimistic about data centers in the long run, and even though the company had experienced some nice rise in backlog, I took a more neutral stance because of how expensive the business was. I ended up rating it a ‘hold’ as a result. But since then, the stock has roared higher by 62.3%. That's well above the 7.2% increase that the S&P 500 ( SP500 ) experienced over the same window of time. Even though management is forecasting continued strong growth, I must say that I am becoming a bit bearish. The stock looks downright expensive, both on an absolute basis and relative to most other similar firms. Given this, I have no choice but to downgrade it to a soft Sell at this time. AAON is Overheating At this time, the newest data that investors have regarding AAON covers through the first quarter of the company's 2026 fiscal year. Honestly, this was an astounding time for the firm. Revenue came in at $496.9 million. That's 54.3% above the $322.1 million that the business reported a year earlier. In addition to being strong on an ...

Navitas announced a new product partnership that seemed to lend credence to its turnaround efforts.

Key PointsNavitas and an Indian chipmaker announced a comprehensive product partnership for the Indian chip market.

ArriVent BioPharma press release ( AVBP ): Q1 GAAP EPS of -$0.96 misses by $0.10 . As of March 31, 2026, the Company had cash and investments of $326.4 million, which is expected to fund operations into 4Q 2027. More on ArriVent BioPharma ArriVent BioPharma: A First Assessment ArriVent BioPharma: Phase 3 Delay May Signal Stronger Outcomes For Firmonertinib ArriVent BioPharma GAAP EPS of -$4.32 beats by $0.05 Seeking Alpha’s Quant Rating on ArriVent BioPharma Historical earnings data for ArriVent BioPharma

当地时间12日凌晨，伊朗议会议长卡利巴夫在社交平台上发布消息称，除了接受伊朗“14点提案”中所规定的伊朗人民权利之外，没有任何替代方案。他表示，任何其他做法都将毫无结果，只会带来一次又一次的失败。同时他指出，拖得越久，美国纳税人为此付出的代价就越多。5月2日，伊朗塔斯尼姆通讯社披露伊方日前经由巴基斯坦向美国转交的最新谈判方案内容，总计14点提议，聚焦“结束战争”。主要内容包括确保不再发生军事侵略、美军从伊朗周边地区撤出、解除海上封锁、解冻伊朗被冻结资产、支付赔偿、取消制裁、在所有战线（包括黎巴嫩）实现和平、建立霍尔木兹海峡新的管理机制等。美国总统特朗普同日表示，他将很快评估伊朗新提出的谈判方案，但“无法想象”该方案“可以接受”。（央视新闻）

Midland States Bancorp ( MSBI ) on Monday said it had appointed Claire A. Stack as executive vice president and CFO, effective May 8. Stack had been serving as interim CFO since March 2026 and joined the company in November 2025 as corporate controller. She previously held finance and accounting roles at Steelcase, PricewaterhouseCoopers, and KPMG, among others. More on Midland States Bancorp New Shareholder Shows Surprise Confidence In Midland States Bancorp Midland States expands buyback program to $45M, extends timeline Seeking Alpha’s Quant Rating on Midland States Bancorp Historical earnings data for Midland States Bancorp Dividend scorecard for Midland States Bancorp

PACS Group press release ( PACS ): Q1 GAAP EPS of $0.50. Revenue of $1.42B. Cash provided by operating activities was $236.3 million for the three months ended March 31, 2026. As of March 31, 2026, the Company had $795.1 million in available liquidity, including $248.0 million of cash and cash equivalents. More on PACS Group PACS Group, Inc. (PACS) Q4 2025 Earnings Call Transcript PACS Group, Inc. 2025 Q4 - Results - Earnings Call Presentation Mid-Cap healthcare stocks ranked by quant ratings after earnings season PACS Group GAAP EPS of $1.22, revenue of $5.29B Seeking Alpha’s Quant Rating on PACS Group

(RTTNews) - Harmonic Inc (HLIT) released earnings for its first quarter that Increases, from the same period last year

BlackRock Inc. Chief Executive Officer Larry Fink expressed optimism about investing in Venezuela following the overhaul sparked by Nicolas Maduro ’s removal. “I’m actually quite bullish on the opportunity to invest in Venezuela,” Fink said in a panel in New York Monday, adding that the oil-rich nation could be brought “back into its glory.” Investors have been piling into the country’s assets since Maduro’s removal by Donald Trump’s administration in January, fueling expectations that a political reset could pave the way for debt restructuring talks. Last week the US government authorized Venezuela to hire advisers for potential debt talks, a key step in the long-awaited path to restructure the country’s $60-billion pile of defaulted bonds. Read More: US Authorizes Venezuela to Hire Advisers for Debt Talks The head of the world’s largest asset manager said Latin America broadly is emerging from what he described as a prolonged period of “wasted time” marked by frequent political swings. “We’re starting to see a little more hope with the region now,” he said. The surging demand for artificial-intelligence infrastructure could also benefit economies that have abundant solar power and hydrocarbon resources, he added. “The demand is growing faster than supply,” Fink said. “This could be blossoming for Brazil, for many countries.” Stock markets from Brazil and Chile to Mexico are hovering near record highs, with investors citing the region’s relative insulation from geopolitical tensions and its exposure to companies benefiting from rising demand for AI-linked commodities and critical minerals.

Moby summary of Liquidia Corporation's Q1 2026 earnings call

Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on Simon Property Simon Property Group: Leadership Change Doesn't Break The Story Simon Property Group: Implications On The Passing Of The CEO Simon Property Group, Inc. (SPG) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript Simon Property Q1 real estate FFO, revenue beats; FFO per share misses Simon Property Group raises dividend by 7.1% YoY to $2.25 for second quarter

Erik Isakson Fermi Inc. ( FRMI ) holder Caddis Capital LLC said it supported the removal of CEO Toby Neugebauer and is against his push to appoint new directors and put the company up for sale. Caddis Capital, the second-largest shareholder in Fermi, owning approximately 9.3%, reaffirmed its support for Fermi’s board, the company’s management team, and its long-term strategic plan, according to a statement on Monday. "In our view, Fermi's recent market valuation has been materially disconnected from its intrinsic value and does not reflect the strength of its underlying assets, strategic positioning, and long-term growth profile," Griffin Perry , managing partner of Caddis Capital, said in the statement. " A sale of the Company at such a depressed price would deprive shareholders of significant value, and we believe closing the valuation gap will require leadership with the depth of experience and execution capability commensurate with the Company's ambitions." Fermi ( FRMI ) separately announced on Monday the unanimous decision by the risk and disclosure committee of its board (the "Board") to confirm the prior cancellation of the special meeting of shareholders former CEO Toby Neugebauer attempted to call on the eve of his "removal for cause" and scheduled for May 29. "Mr. Neugebauer's proposals, taken together, would result in Mr. Neugebauer taking control of the Company and advance his stated goal of selling Fermi quickly," Fermi's board said in its statement. "The Board believes this conduct reflects the actions of a disgruntled former executive that are not in the interests of the Company's shareholders." Shares of Fermi rose 2.7%. More on Fermi Inc. After Dropping 80%, Fermi Is Still Not Worth It Fermi: Lack Of Tenant Progress Is Deeply Concerning Fermi Inc. (FRMI) Q4 2025 Earnings Call Transcript Fermi downgraded at UBS as leadership turmoil clouds timeline Goldman Sachs cuts IPO forecast; biggest IPOs since 2025 ranked by market cap

FactoryTh/iStock via Getty Images Freeport-McMoRan ( FCX ) said Monday it ‌still expects the Grasberg copper and gold mine in Indonesia to resume full production by the end of 2027 , pushing back against reports that the mining restart could be delayed into 2028. Grasberg, the world's ​second-largest copper mine and largest gold mine, was hit by a sever e mudslide in September that killed seven workers and shuttered operations for nearly a ⁠month. Freeport ( FCX ) executives said last month that recovery at the site was taking longer than expected, with only 65% of production to be restored by this year's H2 while full operations would be restored by year-end 2027; last week , the Indonesian head of PT Freeport Indonesia said the full production restart could be delayed into 2028. "PT Freeport Indonesia's ramp-up progress and revised mine plans were disclosed on April 23 in connection with Freeport's ​earnings release," Freeport ( FCX ) told Reuters. "Media headlines are misleading as this information was publicly disclosed more than two weeks ago." Freeport ( FCX ), which filed a 10-Q report with the SEC at the end of last week that reiterated the 2027 timeline, said CEO Kathleen Quirk ⁠will ​discuss the Grasberg operations this week at the Bank ​of America Global Metals, Mining and Steel Conference. More on Freeport-McMoRan Freeport-McMoRan: Less Copper Supply Isn't All Bad Freeport-McMoRan: Grasberg Woes Offer A Post-Earnings Buying Opportunity Freeport-McMoRan: Fade The Copper Rally

Aura Biosciences press release ( AURA ): Q1 GAAP EPS of -$0.50 misses by $0.10 . As of March 31, 2026, the Company had cash and cash equivalents and marketable securities totaling $114.7 million. The Company believes its current cash and cash equivalents and marketable securities, together with the net proceeds of the offering to the Company, are sufficient to fund its operations into the second half of 2028. More on Aura Biosciences Aura Biosciences prices $260M stock, warrant offering Seeking Alpha’s Quant Rating on Aura Biosciences Historical earnings data for Aura Biosciences Financial information for Aura Biosciences

Source: Bloomberg, 5:56

Moby summary of eXp World Holdings, Inc.'s Q1 2026 earnings call

Qualcomm stock surged Monday, notching its first record closing high since 2024 as enthusiasm around AI chips and data-center demand continues to build.