Shares of Plug Power (NASDAQ: PLUG) surged over 10% this morning before stabilizing as the day progressed. As of 1:15 p.m. Tuesday, the hydrogen stock was trading 4% higher. Investors and analysts alike believe Plug Power's latest earnings report signals a turnaround. Image source: Getty Images. Continue reading
Shares of Plug Power (NASDAQ: PLUG) surged over 10% this morning before stabilizing as the day progressed. As of 1:15 p.m. Tuesday, the hydrogen stock was trading 4% higher. Investors and analysts alike believe Plug Power's latest earnings report signals a turnaround. Image source: Getty Images. Continue reading
On May 12, 2026, Thomas J. Herzfeld Advisors, Inc. reported selling out its entire position in the Neuberger Next Generation Connectivity Fund (NYSE:NBXG) , with an estimated transaction value of $5.65 million based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated May 12, 2026, Thomas J. Herzfeld Advisors eliminated its holding in Neuberger Next...
On May 12, 2026, Thomas J. Herzfeld Advisors, Inc. reported selling out its entire position in the Neuberger Next Generation Connectivity Fund (NYSE:NBXG) , with an estimated transaction value of $5.65 million based on quarterly average pricing. According to a filing with the Securities and Exchange Commission dated May 12, 2026, Thomas J. Herzfeld Advisors eliminated its holding in Neuberger Next Generation Connectivity Fund (NYSE:NBXG) , selling 412,390 shares. The estimated transaction value was $5.65 million, calculated using the average unadjusted close for the first quarter of 2026. The quarter-end value of the position fell by $5.95 million, reflecting both the sale and changes in NBXG’s share price over the period. The Neuberger Next Generation Connectivity Fund Inc. is a non-diversified, limited term closed-end management investment company with a mandate to deliver both capital appreciation and income. The fund leverages Neuberger Berman's expertise in asset management to identify and invest in companies at the forefront of digital connectivity and infrastructure evolution. Strong net income and a high dividend yield reflect the fund's disciplined investment approach and focus on delivering value to shareholders. Continue reading
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images New government data showing rising inflation points to a higher Social Security cost-of-living adjustment for 2027, according to new forecasts. The Social Security COLA may be 4.2% amid "sharply rising" gasoline, energy and fresh produce prices, according to Mary Johnson, a...
A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images New government data showing rising inflation points to a higher Social Security cost-of-living adjustment for 2027, according to new forecasts. The Social Security COLA may be 4.2% amid "sharply rising" gasoline, energy and fresh produce prices, according to Mary Johnson, an independent Social Security and Medicare policy analyst. Johnson's new forecast is based on April consumer price index data that was released on Tuesday, and is up from the 3.2% COLA estimate for 2027 that Johnson forecast last month. Meanwhile, the Senior Citizens League, a nonpartisan senior group, now estimates the COLA could be 3.9% in 2027 — up from the 2.8% annual increase the organization had forecast in April. Read more CNBC personal finance coverage Social Security 'break-even' claims get social media buzz — experts urge caution Here's the inflation breakdown for April 2026 — in one chart Trump said $465,000 in retirement savings is 'rich.' Is it? New college grads overestimate starting salaries by nearly $24,000, report finds CNBC's Financial Advisor 100: Best financial advisors, top firms ranked The higher COLA forecasts come as consumers continue to face price pressures. Categories including home heating oil, tomatoes, gasoline, coffee and fresh vegetables have seen their prices jump in the past 12 months, according to Johnson. Social Security benefits have lost 13.7% of their buying power since 2016, the Senior Citizens League estimates, and would require a 15.7% increase — or $295.85 per month for the average beneficiary — to catch up. In contrast, the Senior Citizens League's current 3.9% COLA forecast would increase average benefit checks for retirees by an estimated $81.17 per month. Inflation higher than expected in April watch now VIDEO 2:16 02:16 Moody’s Analytics' Mark Zandi: Inflation is high, and the direction of travel feels disconcerting Squawk on...
SAP has unveiled its new "Autonomous Enterprise" platform at this year's SAP Sapphire conference, expanding its push into AI agents across business operations. SAP CEO Christian Klein joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
SAP has unveiled its new "Autonomous Enterprise" platform at this year's SAP Sapphire conference, expanding its push into AI agents across business operations. SAP CEO Christian Klein joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Delivery Hero SE press release ( DLVHF ): Q1 Revenue of €777M. adjusted 2Ebitda of € 125.9 million, equal to 16.2% of revenues (15.4% in Q1-25); net profit (pertaining to the Group) of € 61.7 million, equal to 7.9% of revenues and up 7.5% compared to the previous year; net financial position at the end of March 2026 of € 720.5 million. More on Delivery Hero SE Delivery Hero SE (DELHY) Q1 2026 Sale...
Delivery Hero SE press release ( DLVHF ): Q1 Revenue of €777M. adjusted 2Ebitda of € 125.9 million, equal to 16.2% of revenues (15.4% in Q1-25); net profit (pertaining to the Group) of € 61.7 million, equal to 7.9% of revenues and up 7.5% compared to the previous year; net financial position at the end of March 2026 of € 720.5 million. More on Delivery Hero SE Delivery Hero SE (DELHY) Q1 2026 Sales/Trading Call Transcript Delivery Hero Still Does Not Have A Clear Path To Sustained Profitability Delivery Hero SE (DELHY) Grab Holdings Limited - M&A Call - Slideshow Niklas Östberg to step down as Delivery Hero CEO; successor search begins Delivery Hero jumps after Prosus stake sale to Aspex Management
Each ploy required to shore up the prime minister’s position exposes how fragile his authority has become It was said of John Major, the Tory prime minister fatally damaged by party infighting, that he was “ in office but not in power ”. Sir Keir Starmer finds himself in a similar spot. His government is planning a king’s speech that contains ambitious proposals. But after Wednesday’s pomp and cir...
Each ploy required to shore up the prime minister’s position exposes how fragile his authority has become It was said of John Major, the Tory prime minister fatally damaged by party infighting, that he was “ in office but not in power ”. Sir Keir Starmer finds himself in a similar spot. His government is planning a king’s speech that contains ambitious proposals. But after Wednesday’s pomp and circumstance will come the real test: six days of Commons debate, then a vote that governments almost never lose. Almost. The last prime minister defeated on such an occasion was the Conservative Stanley Baldwin in 1924 . He and his party were forced from office. With ministers resigning and roughly 90 Labour MPs openly questioning Sir Keir’s leadership, this is no longer parliamentary theatre. There is now an open question as to whether he can command authority once the applause fades. Every amendment and rebellion will be scrutinised. A prime minister unable to command backbench loyalty struggles to define the political agenda. It is hard to see how Sir Keir intends to discipline factions psychologically when many MPs think he is electorally toxic . Continue reading...
New research showing that a rich cultural life brings brings similar benefits to exercise shows human creativity in a new light Is it really news that the arts are good for you ? On one level, the findings of a new study about the health benefits of engaging with music, dance and other artistic endeavours confirm what many of us feel instinctively that we already know. Creativity enhances life. Th...
New research showing that a rich cultural life brings brings similar benefits to exercise shows human creativity in a new light Is it really news that the arts are good for you ? On one level, the findings of a new study about the health benefits of engaging with music, dance and other artistic endeavours confirm what many of us feel instinctively that we already know. Creativity enhances life. That’s why people admire and cherish it, in others and – if they have the confidence – in themselves. But the results of one of the first attempts by researchers to quantify this benefit are fascinating all the same. The study, from a group of scientists at University College London, working with blood samples and survey data from the UK Household Longitudinal Study , showed that people who participated regularly in the arts aged more slowly than those who did not. Continue reading...
Crestfallen Commie Mamdani Abandons Planned Property Tax Hike On New Yorkers Looks like NYC's communist mayor has had second thoughts about extracting more taxes by raising New Yorkers' property taxes - something he vowed to do to help close a two-year deficit. According to Bloomberg , the decision to drop the tax hike will be included in Mamdani's executive budget released today, which will mark ...
Crestfallen Commie Mamdani Abandons Planned Property Tax Hike On New Yorkers Looks like NYC's communist mayor has had second thoughts about extracting more taxes by raising New Yorkers' property taxes - something he vowed to do to help close a two-year deficit. According to Bloomberg , the decision to drop the tax hike will be included in Mamdani's executive budget released today, which will mark the latest version of his spending plan for the fiscal year beginning July 1. This is separate from a tax on second homes (the so-called pied-à-terre) that was initiated by Governor Kathy Hochul - which is still under consideration as part of state budget negotiations. Earlier this year, Mamdani threatened to raise property taxes by nearly 10% as a way to lobby Hochul for more funding. He had little support for an across-the-board increase, with City Council members including Speaker Julie Menin opposing the plan. Any increase would have needed to be passed by that chamber. -Bloomberg Mamdani's preliminary budget proposal earned the city a credit rating downgrade to negative, citing the city's long-term structural problems. He also proposed raiding the city's emergency savings account for $1 billion to help close the gap. On Tuesday, Hochul and Mamdani announced that the state would slide NYC an additional $4 billion to help close the budget gap that Mamdani has called a "generational fiscal crisis" rivaling the Great Recession. To fix this, his only solution has been higher taxes on the wealthy and corporations - because heaven forbid they slash spending to a meaningful degree (or at all). This reversal comes amid a great exodus of wealth from New York State. The decision to drop the across-the-board property tax hike unfolds against the backdrop of a sustained and accelerating departure of high earners, businesses, and capital from New York City and the state. New York has already lost tens of billions in tax revenue as residents and employers relocate to lower-tax states...
Eutelsat Communications press release ( EUTLF ): Q3 Revenue of € 290.3M. Revenues of the four Operating Verticals (i.e., excluding ‘Other Revenues’) stood at €283.7 million. They were up 0.9% on a like-for-like basis1. Quarter‑on‑quarter, revenues of the four Operating Verticals were down 1.9% like-for-like1. More on Eutelsat Communications S.A. Eutelsat: LEO Ambitions Are Real, But Investors Paid...
Eutelsat Communications press release ( EUTLF ): Q3 Revenue of € 290.3M. Revenues of the four Operating Verticals (i.e., excluding ‘Other Revenues’) stood at €283.7 million. They were up 0.9% on a like-for-like basis1. Quarter‑on‑quarter, revenues of the four Operating Verticals were down 1.9% like-for-like1. More on Eutelsat Communications S.A. Eutelsat: LEO Ambitions Are Real, But Investors Paid The Price Eutelsat Communications S.A. (ETCMY) Q2 2026 Earnings Call Transcript Eutelsat Communications S.A. 2026 Q2 - Results - Earnings Call Presentation Historical earnings data for Eutelsat Communications S.A. Financial information for Eutelsat Communications S.A.
Russia on Tuesday test-fired a new intercontinental ballistic missile as part of efforts to modernise the country’s nuclear forces, a launch hailed by President Vladimir Putin just days after his claim that the fighting in Ukraine is nearing an end. Putin said that the nuclear-armed Sarmat missile would enter combat service at the end of the year. It was built to replace the ageing Soviet-built Vo...
Russia on Tuesday test-fired a new intercontinental ballistic missile as part of efforts to modernise the country’s nuclear forces, a launch hailed by President Vladimir Putin just days after his claim that the fighting in Ukraine is nearing an end. Putin said that the nuclear-armed Sarmat missile would enter combat service at the end of the year. It was built to replace the ageing Soviet-built Voyevoda. “This is the most powerful missile in the world,” Putin declared, adding that the combined...
India, the world’s top buyer of diammonium phosphate, has contracted the crop nutrient at prices almost 40% higher than pre-war levels as the Middle East conflict disrupts supplies and pushes global benchmarks higher. Indian Potash Ltd. , which imports fertilizer for the government and other companies, will secure 705,000 tons for delivery on the country’s west coast at $930 per ton, according to ...
India, the world’s top buyer of diammonium phosphate, has contracted the crop nutrient at prices almost 40% higher than pre-war levels as the Middle East conflict disrupts supplies and pushes global benchmarks higher. Indian Potash Ltd. , which imports fertilizer for the government and other companies, will secure 705,000 tons for delivery on the country’s west coast at $930 per ton, according to people familiar with the matter. Another 641,500 tons will be delivered on the east coast at $935 per ton, said the people who asked not to be named discussing private information. The offers are roughly 39% above rates, including freight costs, seen before the start of the Iran war, according to Green Markets data. Indian spot prices were quoted at $667.50 a ton on Feb. 27, the data showed. The total volume contracted was about 12% higher than the 1.2 million tons sought in the last week’s tender, according to the people. A spokesperson for the fertilizer ministry didn’t immediately respond to an email sent after office hours. India’s government partly subsidizes sales of DAP fertilizers to farmers at below market rates. Read More: India Gets High Prices for DAP Fertilizer in Latest Tender Although the Middle East is a smaller supplier of phosphate fertilizers than nitrogen-based varieties, it accounts for nearly half of the global supply of sulfur , a key input, leaving the market exposed to disruptions in the Strait of Hormuz. India also procured 2.5 million tons of urea in a recent tender, paying nearly double the pre-war levels. The purchases are coming at a crucial period ahead of sowing for monsoon crops such as rice, corn and soybeans.
E-L Financial press release ( ELF:CA ): Q1 E-L Corporate reported net income of $26 million for the first quarter of 2026 compared to $16 million in 2025. For the three months ended March 31, 2026, E-L Financial reported a consolidated shareholders' net income of $32 million or $0.09 per common share compared to $86 million or $0.24 per common share as at March 31, 2025. net equity value per commo...
E-L Financial press release ( ELF:CA ): Q1 E-L Corporate reported net income of $26 million for the first quarter of 2026 compared to $16 million in 2025. For the three months ended March 31, 2026, E-L Financial reported a consolidated shareholders' net income of $32 million or $0.09 per common share compared to $86 million or $0.24 per common share as at March 31, 2025. net equity value per common share of $24.48 as at March 31, 2026, a decrease of 3.8% compared to $25.45 as at December 31, 2025 and an increase of 10.4% compared to $22.17 at March 31, 2025. More on E-L Financial Dividend scorecard for E-L Financial Financial information for E-L Financial
Simone Maini, CEO of Elliptic, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Blockchain analytics firm Elliptic Enterprises has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.’s venture arm, as large financial institutions expand their digital-asset offerings. (Source: Bloomberg)
Simone Maini, CEO of Elliptic, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Blockchain analytics firm Elliptic Enterprises has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.’s venture arm, as large financial institutions expand their digital-asset offerings. (Source: Bloomberg)