Scott Olson Seth Klarman's Baupost Group took new positions in Aon ( AON ), Norwegian Cruise Line ( NCLH ), and DNOW ( DNOW ), while it exited CRH ( CRH ), Dollar General ( DG ), and Fidelity National Information Services ( FIS ), according to its latest 13F filing. The fund boosted stakes in Americold Realty Trust ( COLD ) to 7.78M shares with a value of $89.2M from 3.48M shares and Amazon ( AMZN...
Scott Olson Seth Klarman's Baupost Group took new positions in Aon ( AON ), Norwegian Cruise Line ( NCLH ), and DNOW ( DNOW ), while it exited CRH ( CRH ), Dollar General ( DG ), and Fidelity National Information Services ( FIS ), according to its latest 13F filing. The fund boosted stakes in Americold Realty Trust ( COLD ) to 7.78M shares with a value of $89.2M from 3.48M shares and Amazon ( AMZN ) to 3.12M ($649M value) from 1.09M shares. Baupost decreased its stakes in Liberty Global (LBTY) to 13.4M shares ($157M value) from 20.9M shares; in Willis Towers Watson ( WTW ) to 893K shares ($259.6M value) from 1.36M shares. With the newly established stakes, the firm now has 769K shares of Aon ( AON ) valued at $248.2M, 3.63M shares of Norwegian Cruise Line ( NCLH ) valued at $67.9M, and 3.63M shares of DNOW ( DNOW ) valued at $43.2M, according to the filing. More on Aon, CRH, etc. Amazon: Most Attractive Of The Hyperscalers Amazon: AWS Remains The Growth Driver, Expecting More Record Highs Wall Street Lunch: Does AT&T's History Help Ease AI Capex Fears? Amazon continues to expand its smaller-format Whole Foods Market Daily Shop concept What’s next for Amazon after record-breaking quarter?
Glitter, vocal gymnastics, on-stage flames — the show goes on on the Eurovision stage in Vienna, even though five countries are boycotting this year's contest due to Israel's participation. (Image credit: Tobias Schwarz)
Glitter, vocal gymnastics, on-stage flames — the show goes on on the Eurovision stage in Vienna, even though five countries are boycotting this year's contest due to Israel's participation. (Image credit: Tobias Schwarz)
Good morning . Xi Jinping agreed to help with Iran, Donald Trump said. Motorola launches its new foldable at what is perhaps the worst possible time. And a wellness influencer sells longevity to women left out of the boys club. Listen to the day’s top stories . Market Snapshot WTI Crude Futures $101.17 +0.1% Boeing $229.21 -4.7% Gold Spot $4,651.98 -0.8% Market data as of 05:27 PM ET. Data is subj...
Good morning . Xi Jinping agreed to help with Iran, Donald Trump said. Motorola launches its new foldable at what is perhaps the worst possible time. And a wellness influencer sells longevity to women left out of the boys club. Listen to the day’s top stories . Market Snapshot WTI Crude Futures $101.17 +0.1% Boeing $229.21 -4.7% Gold Spot $4,651.98 -0.8% Market data as of 05:27 PM ET. Data is subject to provider delays. Xi Jinping offered to help with Iran negotiations and agreed not to supply Tehran with weapons, Donald Trump told Fox News. Marco Rubio said it would be “a terrible mistake” if Beijing tried to force a reunification with Taiwan after Xi warned about US interference. The US Secretary of State also told NBC American arms sales to Taiwan were not a focus in the talks, though Taipei hired a Trump-linked lobbying firm for advice on US relations. In more summit news, the two countries are also discussing fast-tracking some Chinese investment deals and reducing tariffs on non-critical goods, Treasury Secretary Scott Bessent told CNBC. China also agreed to buy 200 “big” Boeing planes, Trump told Fox. While the multibillion-dollar deal would mark the nation’s first purchase of US-made commercial jets in nearly a decade, Boeing shares plunged because the number of planes ordered fell short of investor hopes. India condemned an attack on its vessel Haji Ali in the Gulf of Oman, which sank after it was set ablaze. All 14 crew members were rescued , an Indian official told reporters. Tensions persist in Iran following a vessel seizure near the UAE and stalled sanction negotiations. In other India news, the country called for solidarity at a meeting of BRICS foreign ministers and tightened rules for gold imports as it moves to protect the rupee, but prices of the precious metal have been resilient. A souring friendship: Apple’s partnership with OpenAI has become strained , people familiar with the matter said, with the AI company considering legal action over clai...
Vocal fry, aka " creaky voice ," is a distinctive drop in pitch, usually at the end of sentences, associated with the speech patterns of young women in particular. Britney Spears is the go-to example of the trend, having famously used it in her 1998 smash hit, "Hit Me Baby (One More Time)," and she's far from the only one. But what if that popular gender-based stereotype is wrong? Jeanne Brown, a ...
Vocal fry, aka " creaky voice ," is a distinctive drop in pitch, usually at the end of sentences, associated with the speech patterns of young women in particular. Britney Spears is the go-to example of the trend, having famously used it in her 1998 smash hit, "Hit Me Baby (One More Time)," and she's far from the only one. But what if that popular gender-based stereotype is wrong? Jeanne Brown, a graduate student at McGill University, has found that vocal fry is actually more common in men than women, detailing her experimental findings in a talk at this week's meeting of the Acoustical Society of America in Philadelphia. Per Brown, we perceive it as more prominent in young women. Vocal fry is the lowest of the human vocal registers, the others being the modal and falsetto registers, as well as the whistle register. It's caused when the vocal cords slacken, leading to irregular vibration and an audible cracking or rattling sound as air is released in spurts. Vocal fry is characterized by very low fundamental frequencies of around 70 Hz. (The lowest end of the range of human hearing is 20 Hz.) Read full article Comments
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Mark Carney has rolled out yet another plank in his economic strategy, this time pledging to double Canada’s electricity generation by 2050. The prime minister’s pitch is to spend big on expanding the power grid to provide affordable and re...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Mark Carney has rolled out yet another plank in his economic strategy, this time pledging to double Canada’s electricity generation by 2050. The prime minister’s pitch is to spend big on expanding the power grid to provide affordable and reliable electricity to Canadians. The total projected cost is expected to exceed C$1 trillion ($728 billion) — not a misprint — and would aim to lower energy costs for about 70% of households. It comes at a moment when electricity is becoming a larger political issue in the US , thanks to surging costs. A report found power prices on the largest electric grid in the US jumped 76% in the first quarter due to rampant demand from data centers. But in the Carney plan, most of the details are being left for another day. The government said it will consult with provinces, territories, Indigenous groups and other stakeholders on how to achieve its target. As part of the strategy, Ottawa will adjust clean electricity rules brought in by former Prime Minister Justin Trudeau’s government, making it easier for power generators to use natural gas. This was already in the cards: Carney jettisoned the electricity regulations for Alberta as part of last year’s memorandum of understanding he signed with Premier Danielle Smith. The new policy on power represents the latest rollback of Trudeau-era climate policies, as the government sets its sights on making Canada an “ energy superpower .” The prime minister has been adamant that his government is still committed to cutting greenhouse gas emissions, and is focused on a better system of industrial carbon pricing to do that. But it’s unclear whether the government plans to — or thinks it can achieve — the rather ambitious emissions-reduction target set by Trudeau. That policy said that by 2030, emissions should be 40% to 45% below 2005 levels....
Earnings Call Insights: Aveanna Healthcare Holdings (AVAH) Q1 2026 Management View "Revenue for the first quarter was approximately $648 million" and "First quarter adjusted EBITDA was $84.4 million," while the increase was described as "primarily due to the improved rate and volume environment and continued operational efficiencies" (President, CEO & Director Jeffrey Shaner). "By focusing our cli...
Earnings Call Insights: Aveanna Healthcare Holdings (AVAH) Q1 2026 Management View "Revenue for the first quarter was approximately $648 million" and "First quarter adjusted EBITDA was $84.4 million," while the increase was described as "primarily due to the improved rate and volume environment and continued operational efficiencies" (President, CEO & Director Jeffrey Shaner). "By focusing our clinical capacity on our preferred payers, we achieved solid year-over-year growth in all 3 of our business segments" and "improvement in our caregiver hiring and retention trends" tied to "enhanced reimbursement rates and value-based agreements" (CEO Shaner). "We signed 4 preferred payer agreements in Q1" toward a 2026 goal of "8 additional agreements for a total of 38 preferred payers" in Private Duty Services, and those agreements "accounted for approximately 60% of our total Private Duty Services MCO volumes, up from 57% at the end of 2025" (CEO Shaner). "In Q1, our episodic mix was approximately 80%" and "our total episodic volume growth was 23.1%"; management also said it "added 4 additional preferred payer agreements" in home health and was "well on our way to exceeding our goal of 50 preferred payers" (CEO Shaner). "We continue to work through the regulatory approval process and expect the transaction will close sometime in late Q2" for Family First Homecare, and guidance "does not include the impact of the Family First acquisition" (CEO Shaner). "We saw revenues rise 15.9% over the prior year period to $647.9 million" and "Consolidated gross margin was $205.4 million or 31.7%" (CFO & Principal Financial Officer Matt Buckhalter). Outlook "We are increasing our full year revenue and adjusted EBITDA guidance to a revenue range of $2.56 billion to $2.58 billion and an adjusted EBITDA range of $328 million to $332 million" and the outlook "does not include the impact of the Family First acquisition" (CEO Shaner). "Consistent with our standard practice, our full year 2026 g...
More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives.
More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives.
More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives.
More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives.
monsitj/iStock via Getty Images Silver's upside potential will be held down by lower investment demand and industrial consumption as well as higher mine supply that will dramatically lower the supply deficit, UBS analysts said in a new report, as the metal turned lower Thursday after surging more than 4% in the previous session to a two-month high. "For 2026, we expect weaker demand from photovolt...
monsitj/iStock via Getty Images Silver's upside potential will be held down by lower investment demand and industrial consumption as well as higher mine supply that will dramatically lower the supply deficit, UBS analysts said in a new report, as the metal turned lower Thursday after surging more than 4% in the previous session to a two-month high. "For 2026, we expect weaker demand from photovoltaics due to elevated prices; higher prices are also weighing on silverware and jewelry demand. Together, we estimate these channels to reduce demand by ~50M oz," UBS analysts Wayne Gordon and Dominic Schnider said in a note. The analysts also said total known ETF holdings have dropped by nearly 70M oz to ~794M oz, and net speculative futures positioning has pulled back to just above 100M oz. The combination caused UBS to cut its full-year investment demand estimate for silver from more than 400M oz to ~300M oz, which the analysts said is "still generous given year-to-date outflows, and to narrow their projected 2026 silver market supply deficit to 60M-70M oz from a previous estimate of 300M oz. "Consistent with the smaller deficit, we have trimmed our price outlook across all forecast horizons. In our base case, we expect silver to trade broadly sideways," the bank wrote, trimming their forecasts for end-of-Q2 silver prices to $85/oz from an earlier outlook of $100/oz and the year-end target to $80/oz from $85. In terms of silver strategy, Gordon and Schnider said they favor selling volatility over holding outright long positions. On Thursday, f ront-month Comex silver ( XAGUSD:CUR ) for May delivery fell 4.5% to $84.912/oz, its largest one-day percentage decline since March 26, while front-month Comex gold ( XAUUSD:CUR ) for May delivery dipped 0.4% to $4,678.10/oz. ETFs: ( GLD ), ( GDX ), ( GDXJ ), ( IAU ), ( NUGT ), ( PHYS ), ( GLDM ), ( AAAU ), ( SGOL ), ( DUST ), ( RING ), ( BAR ), ( OUNZ ), ( SLV ), ( PSLV ), ( SIVR ), ( SIL ), ( SILJ ) More on gold and silver Gold An...
Thames at Ham designated as one of 13 new swimming areas across England to be monitored for water quality The first designated bathing water area on the River Thames in London will welcome swimmers for the official start of the bathing season on Friday as one of 13 new monitored swimming areas across England. The Thames at Ham, in south-west London, has been designated as a new river bathing water...
Thames at Ham designated as one of 13 new swimming areas across England to be monitored for water quality The first designated bathing water area on the River Thames in London will welcome swimmers for the official start of the bathing season on Friday as one of 13 new monitored swimming areas across England. The Thames at Ham, in south-west London, has been designated as a new river bathing water area after campaigners gathered evidence to show thousands of people use the river for swimming throughout the year. Canvey Island foreshore, Essex East Beach at West Bay, Bridport, Dorset Falcon Meadow, Bungay, Suffolk Granville Parade Beach, Sandgate, Kent Little Shore, Amble, Northumberland New Brighton Beach (east), Merseyside Newton and Noss Creeks, Devon Pangbourne Meadow, Berkshire Queen Elizabeth Gardens, Salisbury, Wiltshire River Dee at Sandy Lane, Chester, Cheshire River Fowey in Lostwithiel, Cornwall River Swale in Richmond, Yorkshire River Thames at Ham and Kingston, Greater London Continue reading...
Council of Europe members plan to change interpretation of rights laws to make it easier to deport people Keir Starmer’s government has been accused of trying to water down legal protections for torture victims as ministers from 46 countries including the UK prepare to make it easier to deport refused asylum seekers and foreign criminals. Yvette Cooper, the foreign secretary, is expected to agree ...
Council of Europe members plan to change interpretation of rights laws to make it easier to deport people Keir Starmer’s government has been accused of trying to water down legal protections for torture victims as ministers from 46 countries including the UK prepare to make it easier to deport refused asylum seekers and foreign criminals. Yvette Cooper, the foreign secretary, is expected to agree a “political declaration” on Friday with other members of the Council of Europe, which oversees the European convention on human rights (ECHR). Continue reading...
In recent years, the Brics grouping has attracted attention as it adds members and positions itself as the voice of the Global South. At a Brics forum held in Beijing last month, officials discussed expanding trade within the grouping. Such initiatives reflect both an impulse to reduce exposure to external shocks linked to the US dollar and a long-term ambition to reshape global finance. These gat...
In recent years, the Brics grouping has attracted attention as it adds members and positions itself as the voice of the Global South. At a Brics forum held in Beijing last month, officials discussed expanding trade within the grouping. Such initiatives reflect both an impulse to reduce exposure to external shocks linked to the US dollar and a long-term ambition to reshape global finance. These gatherings are as much about signalling intent as delivering substance. Brics wants to be seen as a...
RenovoRx (RNXT) delivered earnings and revenue surprises of 0.00% and +12.60%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
RenovoRx (RNXT) delivered earnings and revenue surprises of 0.00% and +12.60%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?