Sana Biotechnology ( SANA ) said on Friday it sold about 21.6M shares through its at-the-market facility with TD Securities, generating net proceeds of roughly $69M. The company said the financing, together with a previously announced unrelated $25M investment from the Mayo Clinic, increased total capital raised since the end of the first quarter of 2026 to about $94M. Sana said the funding extend...
Sana Biotechnology ( SANA ) said on Friday it sold about 21.6M shares through its at-the-market facility with TD Securities, generating net proceeds of roughly $69M. The company said the financing, together with a previously announced unrelated $25M investment from the Mayo Clinic, increased total capital raised since the end of the first quarter of 2026 to about $94M. Sana said the funding extends its expected cash runway to mid-2027. Stock down 4% in premarket trading. More on Sana Biotechnology Sana Biotechnology, Inc. (SANA) Presents at Bank of America Global Healthcare Conference 2026 Transcript Sana Biotechnology: Mayo Clinic Deal A Positive Step On A Long Journey Sana Biotechnology, Inc. (SANA) Presents at The Citizens Life Sciences Conference 2026 Transcript Sana Biotechnology GAAP EPS of -$0.17 in-line Sana Biotech rises as Mayo Clinic partners for diabetes therapy
OHB SE has picked more investment banks to help arrange a planned share offering that could raise more than €1 billion ($1.2 billion), according to people familiar with the matter, as the satellite maker looks to tap into rising investor demand for space stocks. The Bremen, Germany-based group has selected Berenberg and Commerzbank AG to assist with the stock sale, said the people, who asked not t...
OHB SE has picked more investment banks to help arrange a planned share offering that could raise more than €1 billion ($1.2 billion), according to people familiar with the matter, as the satellite maker looks to tap into rising investor demand for space stocks. The Bremen, Germany-based group has selected Berenberg and Commerzbank AG to assist with the stock sale, said the people, who asked not to be identified discussing private information. Jefferies Financial Group Inc. and UniCredit SpA will also work on the offering, they said. They join Deutsche Bank AG , Goldman Sachs Group Inc. and JPMorgan Chase & Co. , which are leading the offering, Bloomberg previously reported . Rothschild & Co. is acting as financial adviser on the transaction, the people added. OHB is likely to sell a shares to raise fresh cash, with major shareholder KKR & Co. Inc. also considering selling additional shares to increase the company’s free-float, the people said. Read More: Space Stock Craze Comes to Europe as One UK Fund Quadruples Though it’s listed in Frankfurt, OHB’s stock is thinly traded with just 8% of the company currently in the hands of public investors, according to data compiled by Bloomberg. The transaction is expected be carried out as a fully marketed offering with a fresh prospectus, in what dealmakers refer to as a “re-IPO,” some of the people said. The latest banking appointments come ahead of a capital markets update next week where OHB will present to analysts. The company is considering launching a transaction as soon as the coming weeks, potentially before investors break for the summer, the people said. For the latest news on equity capital markets activity in Europe, the Middle East and Africa, terminal users can follow the channel or visit NI BFWECMEU . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . No final decisions have been made, and the size, structure and timing of the offering are subject to change, th...
(RTTNews) - The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April.
(RTTNews) - The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April.
Richard Drury/DigitalVision via Getty Images By Deepali Bhargava , Regional Head of Research, Asia-Pacific Better-than-expected growth despite energy headwinds Growth across developed Asia continued to outperform in the first quarter and is expected to remain resilient in the second quarter, driven by factors extending beyond the technology export cycle. This resilience was helped by releasing str...
Richard Drury/DigitalVision via Getty Images By Deepali Bhargava , Regional Head of Research, Asia-Pacific Better-than-expected growth despite energy headwinds Growth across developed Asia continued to outperform in the first quarter and is expected to remain resilient in the second quarter, driven by factors extending beyond the technology export cycle. This resilience was helped by releasing strategic oil reserves to ease supply shortages, alongside government subsidies that took some pressure off households and businesses facing higher inflation. These factors have helped sustain activity despite elevated energy and geopolitical risks. Against this backdrop, we have upgraded our 2026 GDP growth forecasts for Taiwan and Korea. At the same time, economies with high dependence on energy imports – most notably India and Singapore – are faring better than expected. In India’s case, diversification of crude purchases and increased reliance on multiple supply sources have reduced vulnerability to energy supply shortages. Gas and fertiliser supplies have been secured, limiting spillovers into food inflation and agricultural output. Singapore has similarly benefited from stable energy access and effective policy management, supporting growth outcomes despite elevated import prices. Inflation spillovers are starting to show up more clearly The Philippines stands out as a notable outlier, having experienced a significant slowdown in GDP growth. This divergence highlights differences in domestic demand conditions and policy buffers across the region. The Philippines also experienced a sharp rise in CPI inflation, reaching a three-year high of 7.2%. While the increase in transport inflation was largely anticipated amid higher oil prices, the magnitude of the upside surprise was driven by a pronounced acceleration in food inflation. This was compounded by second-round effects stemming from the continued pass-through of elevated global oil prices into electricity, gas, and rest...
Klaus Vedfelt References to “memory pricing” in company earnings calls and quarterly reports have surged to their highest level in decades, underscoring growing pressure across the semiconductor industry as supply shortages and AI demand reshape the market. According to Bloomberg data shared by Daily Chartbook, mentions of memory pricing have already exceeded 550 this year, surpassing any full-yea...
Klaus Vedfelt References to “memory pricing” in company earnings calls and quarterly reports have surged to their highest level in decades, underscoring growing pressure across the semiconductor industry as supply shortages and AI demand reshape the market. According to Bloomberg data shared by Daily Chartbook, mentions of memory pricing have already exceeded 550 this year, surpassing any full-year total in records dating back to 1999. The sharp increase comes as companies across the technology sector grapple with rising DRAM and high-bandwidth memory (HBM) costs, driven partly by strong demand tied to artificial intelligence infrastructure and data centers. Memory makers such as Micron ( MU ) and SK Hynix have benefited from the pricing environment, while device manufacturers and chip buyers have warned of tighter supply conditions and higher component costs. Industry analysts say the rally in memory-related stocks is no longer being driven solely by AI-linked demand, with broader shortages across non-AI memory products also contributing to elevated pricing. The trend has become a recurring theme this earnings season, with executives increasingly discussing inventory constraints, lead times, and the impact of higher memory costs on margins and product pricing. Some analysts, however, cautioned that the surge in pricing discussions may also reflect growing concerns about sustainability, as moderating spot prices and rising inventories could eventually pressure margins if demand weakens later in the year. Here is the chart: Bloomberg More related stories The Hindenburg Omen Flashes A Warning Sign Greenback Breaks Higher, Stocks And Bonds Lower The Stagflation Narrative: What Doomers Get Wrong (Part 2) AI chip rally widens beyond Nvidia, Tech Contrarians says Trump says tariffs not discussed, avoids pushing Xi on Tehran - reports
Transfer window could include merry-go-round of forwards as division’s top three clubs bid farewell to icons Saturday’s finale to the Women’s Super League season marks the end of an era, and not only because it is the final time the division will operate with 12 teams before the expansion to 14. A multitude of players synonymous with their clubs in recent years are all making end-of-contract depar...
Transfer window could include merry-go-round of forwards as division’s top three clubs bid farewell to icons Saturday’s finale to the Women’s Super League season marks the end of an era, and not only because it is the final time the division will operate with 12 teams before the expansion to 14. A multitude of players synonymous with their clubs in recent years are all making end-of-contract departures and the forward lines, in particular, of many of the top sides will not look the same again. Thursday’s confirmation of Sam Kerr’s exit from Chelsea, added to Monday’s announcement that Beth Mead will leave Arsenal and last week’s news that Khadija “Bunny” Shaw has decided to leave Manchester City , means the division’s top three clubs are saying farewell to forwards who have been modern icons of their clubs and the striker market will enter a fascinating summer. That trio have scored a combined 316 goals for their clubs and will leave with at least one WSL title under their belts; Kerr has five. Continue reading...
Versamet Royalties Corporation press release ( VMET:CA ): Q1 Revenue of $24M. Record attributable gold equivalent ounces ("GEOs") of 4,913, an increase of 306% over Q1 2025. Net income of $13.8 million, an increase of 671% over Q1 2025. Record operating cash flow before working capital changes of $19.5 million, an increase of 1,282% over Q1 2025. Record adjusted EBITDA of $18.5 million, an increas...
Versamet Royalties Corporation press release ( VMET:CA ): Q1 Revenue of $24M. Record attributable gold equivalent ounces ("GEOs") of 4,913, an increase of 306% over Q1 2025. Net income of $13.8 million, an increase of 671% over Q1 2025. Record operating cash flow before working capital changes of $19.5 million, an increase of 1,282% over Q1 2025. Record adjusted EBITDA of $18.5 million, an increase of 1,142% over Q1 2025. More on Versamet Royalties Corporation Versamet Royalties upsizes revolving credit facility to $225 million Historical earnings data for Versamet Royalties Corporation Financial information for Versamet Royalties Corporation
Nevada Organic Phosphate ( NOPFF ) announced on Friday that it has increased its non-brokered private placement for gross aggregate proceeds of up to $4.75M through the issuance of up to 26.39M units at $0.18 per unit due to high investor interest and to accommodate oversubscriptions,. The company said it is finalizing commitments already received and pending receipt of the subscription agreements...
Nevada Organic Phosphate ( NOPFF ) announced on Friday that it has increased its non-brokered private placement for gross aggregate proceeds of up to $4.75M through the issuance of up to 26.39M units at $0.18 per unit due to high investor interest and to accommodate oversubscriptions,. The company said it is finalizing commitments already received and pending receipt of the subscription agreements and funds related thereto, and intends to close the offering next Friday, May 22, 2026. Each unit will consist of one common share and one-half of one share purchase warrant, with each warrant entitling the holder thereof to purchase one additional share at $0.30 per warrant share for a period of thirty-six months following the date of issuance. The aggregate proceeds of the offering are anticipated to be used for a phase two drill program at the company's Murdock Property and for general working capital. The company may pay a finder's fee on a portion of the gross proceeds of the offering. More on Nevada Organic Phosphate Inc. Financial information for Nevada Organic Phosphate Inc.
Automation and supply chain software has quietly become one of the most resilient corners of the market, and a recent pullback has dragged several high-growth names back into reach for retail investors. Stocks trading under $30 in this space are worth a fresh look right now because the operational story (rising annual recurring revenue, expanding ... Two Stocks Under $30. One Has 18 Buy Ratings an...
Automation and supply chain software has quietly become one of the most resilient corners of the market, and a recent pullback has dragged several high-growth names back into reach for retail investors. Stocks trading under $30 in this space are worth a fresh look right now because the operational story (rising annual recurring revenue, expanding ... Two Stocks Under $30. One Has 18 Buy Ratings and 51% Upside. The Other Is Up 55% and Still Under $7
Hancock Whitney ( HWC ) announced on Friday that it will acquire OFB Bancshares in an all-cash deal. The deal will expand Hancock Whitney’s presence in the Orlando, Florida market, one of the fastest-growing banking regions in the U.S. One Florida Bank currently operates 6 financial centers, including 5 in the greater Orlando area and 1 in the Florida Panhandle. As of March 31, 2026, OFB Bancshare...
Hancock Whitney ( HWC ) announced on Friday that it will acquire OFB Bancshares in an all-cash deal. The deal will expand Hancock Whitney’s presence in the Orlando, Florida market, one of the fastest-growing banking regions in the U.S. One Florida Bank currently operates 6 financial centers, including 5 in the greater Orlando area and 1 in the Florida Panhandle. As of March 31, 2026, OFB Bancshares reported total assets of $2.1B, total loans of $1.7B, and total deposits of $1.9B. The transaction is expected to close in Q3 2026 and is projected to immediately add to Hancock Whitney’s GAAP EPS, excluding one-time costs. Source: Press Release More on Hancock Whitney Hancock Whitney Corporation (HWC) Q1 2026 Earnings Call Transcript Hancock Whitney Corporation 2026 Q1 - Results - Earnings Call Presentation Hancock Whitney Finally Makes Sense, If Only Barely, To Bank On (Rating Upgrade) Hancock Whitney anticipates mid-single-digit 2026 loan growth while targeting 12%–12.5% CET1 by end of 2028 Hancock Whitney Q1 2026 Earnings Preview
Pla2na/iStock via Getty Images Macro shifts in favor of commodity related stocks This is not Grandpa’s macro, and these are not Grandpa’s commodities. The traditional commodity complex has shifted to more critical status, amplified by progressing technology, and it probably goes without saying, global trade tensions/wars. Phase 2; Gold’s Handoff to the Wider Commodity Spectrum We are in the next p...
Pla2na/iStock via Getty Images Macro shifts in favor of commodity related stocks This is not Grandpa’s macro, and these are not Grandpa’s commodities. The traditional commodity complex has shifted to more critical status, amplified by progressing technology, and it probably goes without saying, global trade tensions/wars. Phase 2; Gold’s Handoff to the Wider Commodity Spectrum We are in the next phase, whereby gold led (as usual) all markets in H1, 2025, silver then took over from gold (Silver/Gold ratio exploded upward) and the positive market effects spread to commodities, and in our particular area of interest, critical or strategic commodities (like Cu, Ni, Li, REE, u3o8, etc.). The above happened in 2025, but 2026 is revealing something similar, but more intense. At the time of this writing, May 13th pre-market (US), the Silver/Gold ratio is well past the breakout point (that we projected ahead of time and managed in real time), the ratio is steaming northward. As long as that is the case, a tailwind is in play for the wider commodity spectrum (with oil/energy being a war-related wildcard). Silver/Gold ratio (Tradingview.com) As noted above, my particular interests are in the Critical Minerals areas, with a secondary interest in Natural Gas as it, like Uranium and a few other commodities, is relevant to the AI data-center buildout. AI’s Picks & Shovels Speaking of which, yesterday I wrote an article in part discussing Semiconductor stocks. Particularly, those that have exploded near-vertically in “me too!” fashion to earlier movers like NVDA. Well, I have recently relieved myself of long positions in NVDA and MRVL, and now “me too!’s” QCOM and SYNA as well (not to mention, shorted the bubble in INTC for a quick profit on yesterday’s pullback). These and other AI-relevant Semiconductor stocks can be considered picks & shovels of AI hyperscalers and other users of the technology. Chips – increasingly specialty chips – pretty much run everything today and you don’...
Dougal Waters With the market having a volatile few months, b elow is a list of 10 mega-cap stocks ranked by their lowest year-to-date performance. The list includes companies from various sectors, including Information Technology, Financials, and Healthcare, all with market capitalizations of $200 billion or more. The list is topped by International Business Machines Corporation ( IBM ), with a Y...
Dougal Waters With the market having a volatile few months, b elow is a list of 10 mega-cap stocks ranked by their lowest year-to-date performance. The list includes companies from various sectors, including Information Technology, Financials, and Healthcare, all with market capitalizations of $200 billion or more. The list is topped by International Business Machines Corporation ( IBM ), with a YTD performance of -26.28%. Palantir Technologies Inc. ( PLTR ) and Wells Fargo & Company ( WFC ) are next, with American Express Company ( AXP ) and Microsoft Corporation ( MSFT ) rounding out the rest of the top five. Mastercard Incorporated ( MA ), The Home Depot, Inc. ( HD ), and Bank of America Corporation ( BAC ) are among the other underperformers on the list. Notably, while most stocks carry a “Hold” quant rating, Bank of America Corporation ( BAC ) maintains a “Strong Buy” rating with a score of 4.93. Visa Inc. ( V ) and AbbVie Inc. ( ABBV ) round out the bottom of the list. Here is the list: International Business Machines Corporation ( IBM ), YTD perf: -26.28%, Quant Rating: Hold 3.22 Palantir Technologies Inc. ( PLTR ), YTD perf: -24.77%, Quant Rating: Hold 3.44 Wells Fargo & Company ( WFC ), YTD perf: -20.83%, Quant Rating: Hold 3.14 American Express Company ( AXP ), YTD perf: -15.46%, Quant Rating: Hold 3.30 Microsoft Corporation ( MSFT ), YTD perf: -15.34%, Quant Rating: Hold 3.46 Mastercard Incorporated ( MA ), YTD perf: -14.18%, Quant Rating: Hold 3.29 The Home Depot, Inc. ( HD ), YTD perf: -11.55%, Quant Rating: Hold 3.18 Bank of America Corporation ( BAC ), YTD perf: -9.36%, Quant Rating: Strong Buy 4.93 Visa Inc. ( V ), YTD perf: -8.04%, Quant Rating: Hold 3.44 AbbVie Inc. ( ABBV ), YTD perf: -7.76%, Quant Rating: Hold 3.19 More on Visa, Home Depot, etc. IBM: The Business Improved Faster Than Many Investors Realize Palantir: The Valuation Still Makes No Sense Mastercard: The Dip Below $500 Is A Gift For Long-Term Investors (Rating Upgrade) Ackman reveals ...
Dougal Waters With the market having a volatile few months, b elow is a list of 10 mega-cap stocks ranked by their lowest year-to-date performance. The list includes companies from various sectors, including Information Technology, Financials, and Healthcare, all with market capitalizations of $200 billion or more. The list is topped by International Business Machines Corporation ( IBM ), with a Y...
Dougal Waters With the market having a volatile few months, b elow is a list of 10 mega-cap stocks ranked by their lowest year-to-date performance. The list includes companies from various sectors, including Information Technology, Financials, and Healthcare, all with market capitalizations of $200 billion or more. The list is topped by International Business Machines Corporation ( IBM ), with a YTD performance of -26.28%. Palantir Technologies Inc. ( PLTR ) and Wells Fargo & Company ( WFC ) are next, with American Express Company ( AXP ) and Microsoft Corporation ( MSFT ) rounding out the rest of the top five. Mastercard Incorporated ( MA ), The Home Depot, Inc. ( HD ), and Bank of America Corporation ( BAC ) are among the other underperformers on the list. Notably, while most stocks carry a “Hold” quant rating, Bank of America Corporation ( BAC ) maintains a “Strong Buy” rating with a score of 4.93. Visa Inc. ( V ) and AbbVie Inc. ( ABBV ) round out the bottom of the list. Here is the list: International Business Machines Corporation ( IBM ), YTD perf: -26.28%, Quant Rating: Hold 3.22 Palantir Technologies Inc. ( PLTR ), YTD perf: -24.77%, Quant Rating: Hold 3.44 Wells Fargo & Company ( WFC ), YTD perf: -20.83%, Quant Rating: Hold 3.14 American Express Company ( AXP ), YTD perf: -15.46%, Quant Rating: Hold 3.30 Microsoft Corporation ( MSFT ), YTD perf: -15.34%, Quant Rating: Hold 3.46 Mastercard Incorporated ( MA ), YTD perf: -14.18%, Quant Rating: Hold 3.29 The Home Depot, Inc. ( HD ), YTD perf: -11.55%, Quant Rating: Hold 3.18 Bank of America Corporation ( BAC ), YTD perf: -9.36%, Quant Rating: Strong Buy 4.93 Visa Inc. ( V ), YTD perf: -8.04%, Quant Rating: Hold 3.44 AbbVie Inc. ( ABBV ), YTD perf: -7.76%, Quant Rating: Hold 3.19 More on Visa, Home Depot, etc. IBM: The Business Improved Faster Than Many Investors Realize Palantir: The Valuation Still Makes No Sense Mastercard: The Dip Below $500 Is A Gift For Long-Term Investors (Rating Upgrade) Ackman reveals ...
Cannes film festival: The great Russian director of Leviathan, Loveless and The Return has overcome extraordinary obstacles to present his first film in nine years His films have been hailed as damning allegories of the Russian population’s apathy in the face of state oppression. Yet when director Andrey Zvyagintsev learned of his country’s invasion of Ukraine in February 2022, he too was paralyse...
Cannes film festival: The great Russian director of Leviathan, Loveless and The Return has overcome extraordinary obstacles to present his first film in nine years His films have been hailed as damning allegories of the Russian population’s apathy in the face of state oppression. Yet when director Andrey Zvyagintsev learned of his country’s invasion of Ukraine in February 2022, he too was paralysed, and literally so. A severe infection with Covid-19 had left the film-maker stranded at a clinic in Hanover, Germany, struggling to breathe with 90% lung damage and unable to move or feel his limbs for several months. “It was in this state that I learned of the outbreak of the war in Ukraine,” he said in a rare recent interview. “It was a shock; I felt immense pain and deep despair.” In all, he spent 11 months in assorted hospitals. Continue reading...
BackyardProduction/iStock Editorial via Getty Images Viking Holdings ( VIK ) remains a “quality compounder” with a healthy order book and strong bottom and top line. But Morgan Stanley believes its bull thesis on the cruise operator has played out, and the stock’s current price appropriately values the stock, leading the firm to downgrade Viking ( VIK ) to Equal-weight from Overweight with an $86 ...
BackyardProduction/iStock Editorial via Getty Images Viking Holdings ( VIK ) remains a “quality compounder” with a healthy order book and strong bottom and top line. But Morgan Stanley believes its bull thesis on the cruise operator has played out, and the stock’s current price appropriately values the stock, leading the firm to downgrade Viking ( VIK ) to Equal-weight from Overweight with an $86 price target. “We are raising our estimates and price target on the back of a stronger 2027 booking curve more than offsetting near-term cost pressures,” analyst Stephen Grambling said, but adds that the stock price now reflects a balanced bull/bear case on higher valuation estimates. Grambling lowers his FY26/27/28 EPS estimates by 3%, 7%, and 1%, respectively, with an average free cash flow yield of ~4% through 2028. EBITDA estimates for FY26/27/28 have been adjusted by -3%, 0%, and up 2%, respectively. These adjustments were based on the assumption that marketing spending will increase incrementally in 2026, modest tweaks higher to the firm’s net yield forecast from ~4% in 2027 to ~5.5% given the strength in Viking’s ( VIK ) booking update, and slightly higher buyback than prior expectations. After climbing more than 5% on Thursday in the wake of bullish Q1 results, Viking ( VIK ) shares are down nearly 4% into Friday’s open with higher oil futures also weighing on peers Carnival Corp. ( CCL ), Royal Caribbean ( RCL ), and Norwegian Cruise Line ( NCLH ). More on Viking Holdings Ltd Viking Holdings: Smooth Sailing In Volatile Sector Environment Viking Holdings Ltd (VIK) Q1 2026 Earnings Call Transcript Viking Holdings Ltd 2026 Q1 - Results - Earnings Call Presentation Viking Holdings' revenue growth helps offset rising fuel costs Viking Holdings Ltd Non-GAAP EPS of -$0.11 in-line, revenue of $1.06B beats by $50M