Mitsuya Kishida, CEO of Nidec, says the company's recent financial performance is being bolstered by its data-center business, despite quality control and accounting problems at the supplier of electric motors. He says 'regaining trust' with customers is the firm's first priority. He speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Mitsuya Kishida, CEO of Nidec, says the company's recent financial performance is being bolstered by its data-center business, despite quality control and accounting problems at the supplier of electric motors. He says 'regaining trust' with customers is the firm's first priority. He speaks with Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Renault SA priced its second-largest Samurai bond offering ever, as heightened volatility in government bond markets fueled investor appetite for relatively higher-yielding but stable assets from companies like the French automaker. The company sold ¥159 billion ($999 million) of Samurai bonds on Friday, of which ¥100 billion targeted retail investors, according to people familiar with the matter....
Renault SA priced its second-largest Samurai bond offering ever, as heightened volatility in government bond markets fueled investor appetite for relatively higher-yielding but stable assets from companies like the French automaker. The company sold ¥159 billion ($999 million) of Samurai bonds on Friday, of which ¥100 billion targeted retail investors, according to people familiar with the matter. The issuance amount exceeded its previous offering last year, and only a ¥210 billion retail-targeted deal in 2022 exceeded its size, according to Bloomberg-compiled data. Inflation worries as the war in Iran pressures fuel prices higher are making sovereign bonds volatile, with yields in Japan climbing to multi-decade highs. For investors willing to bet on products with higher risk, debt from a firm like Renault, a stalwart in the Samurai market since its 2001 debut , is becoming more appealing. Apart from sovereign and financial issuers, the French automaker ranks as the largest seller of Samurai bonds over the past decade, according to data compiled by Bloomberg. The carmaker’s 2030 notes were sold to yield 3.02%, higher than the 2.775% yield on 10-year Japanese government bonds. Renault offered four-year bonds to both retail and institutional investors. Foreign borrowers have been increasing their sales of yen bonds. Such issuance has more than tripled this year to about ¥1.7 trillion as of May 21 from ¥456 billion a year earlier, with companies including Google parent Alphabet Inc. coming into the market, according to data compiled by Bloomberg.
Trump Admin Targets States' Medicaid Fraud Units Authored by Tom Gantert via The Epoch Times, Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight . States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president pick...
Trump Admin Targets States' Medicaid Fraud Units Authored by Tom Gantert via The Epoch Times, Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight . States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president picked in March to lead an anti-fraud task force. “Now, we have red states and blue states that go after fraud aggressively, but we also unfortunately have some states, mostly blue states, unfortunately, that do not take Medicaid fraud very seriously,” he said. In response, Vance said the administration would withhold $1.3 billion in Medicaid-related payments to California and also consider withholding from other states. The administration put each of the 50 states on notice with recent letters signed by Health and Human Services Inspector General Thomas “March” Bell. It focused on state-level Medicaid Fraud Control Units (MFCUs), which receive federal funding. Letters also went to the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Here’s what to know about the units and Vance’s efforts. Federal Grants at Stake The letters threatened to take away all federal grants provided to a state’s Medicaid program if the state was not fulfilling its duties. “It has become clear ... that many MFCUs have been happy to rake in taxpayer dollars without fighting fraud,” Bell stated in the letter. “And for too long, there has been a lack of leadership at HHS that has allowed billions of our fellow Americans’ dollars to flow out to State capitals to fund MFCUs to supposedly fight Medicaid fraud without any real oversight.” He said that the units must comply with certain requirements to receive funding. Federal law requires the units to investigate and prosecute fraud, investigate patient abuse and neglect in Medicaid-funded facilities, and recover overpayments. The units must op...
Ukrainian drones hit the Syzran oil refinery more than 800km (500 miles) inside Russia, setting it on fire, Volodymyr Zelenskyy said on Thursday. The Ukrainian president posted a video of the aftermath. Russia’s independent Astra news outlet said Ukrainian drones struck the Syzran refinery owned by oil and gas company Rosneft. The governor of Russia’s Samara region, Vyacheslav Fedorishchev, said t...
Ukrainian drones hit the Syzran oil refinery more than 800km (500 miles) inside Russia, setting it on fire, Volodymyr Zelenskyy said on Thursday. The Ukrainian president posted a video of the aftermath. Russia’s independent Astra news outlet said Ukrainian drones struck the Syzran refinery owned by oil and gas company Rosneft. The governor of Russia’s Samara region, Vyacheslav Fedorishchev, said two people were killed by Ukrainian drones in Syzran, but he did not mention the refinery. Ukrainian drones hit another refinery the previous day, Zelenskyy said. “Overall, our long-range plan for May is being carried out largely in full. The key targets are Russian oil refineries, storage facilities and other infrastructure tied to these oil revenues.” The escalating attacks have hurt Moscow’s revenue at the same time as the economic pinch of international sanctions. With some attacks reaching more than 1,500km (900 miles) into Russia, the strikes have contributed to some Russians feeling unsafe and heaped pressure on the Russian president, Vladimir Putin. Ukrainian forces have pushed back Russian troops along parts of the frontline, making their most significant battlefield gains since 2024, according to the Institute for the Study of War. Ukraine’s “intensified midrange strike campaign” since early 2026 “has also degraded Russian forces’ ability to conduct offensive operations across the theatre and has also likely supported recent Ukrainian advances”, the US thinktank said in an assessment on Wednesday. Ukraine has slowed Russia’s battlefield advance and is gradually regaining the initiative along the frontline, said Mykhailo Fedorov, the defence minister, partly due to Russian forces being denied access to Starlink satellite services to steer drones towards targets. “Russia has since not been able to find a full replacement [for Starlink], giving Ukraine a critical battlefield advantage.” Russia and neighbouring Belarus held the final stage of their joint nuclear drills...
The episode also fits a broader pattern. A Reuters report from 2017 notes that Toyota Motor Corp. bought about 3% of Tesla for $50 million in 2010 and later sold all its shares. The Japanese automaker began divesting its shares in 2014 and by the end of 2016, had sold off its remaining Tesla holdings as their joint-development deal expired. Gerber, notably, has made the comparison before. A May 20...
The episode also fits a broader pattern. A Reuters report from 2017 notes that Toyota Motor Corp. bought about 3% of Tesla for $50 million in 2010 and later sold all its shares. The Japanese automaker began divesting its shares in 2014 and by the end of 2016, had sold off its remaining Tesla holdings as their joint-development deal expired. Gerber, notably, has made the comparison before. A May 2023 report reveals that he called Daimler's decision "Worse than Blockbuster not buying Netflix early." Tesla's current market value is about $1.5 trillion, according to Benzinga Pro, meaning a 9% to 10% holding would be worth roughly $136 billion to $150 billion before accounting for dilution, structure or any earlier partial sales. Reuters reported that Daimler sold its remaining 4% stake in Tesla in 2014, booking a $780 million windfall. The sale gave Daimler a large profit but left behind an even larger opportunity cost as Tesla later became one of the world's most valuable automakers. Tesla said in May 2009 that Daimler AG, which changed its name to Mercedes-Benz Group AG in early 2022, had acquired a nearly 10% stake in the company, deepening an existing partnership between the legacy automaker and the electric-vehicle startup. The deal came before Tesla became public and before the Model S turned it into a mainstream investor story. Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out. This Mercedes mistake is as bad as the blockbuster Netflix error. $TSLA https://t.co/4ErGEIkglM "This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out," Gerber wrote on X. "This Mercedes mistake is as bad as the blockbuster Netflix error." Ross Gerber , co-founder of Gerber Kawasaki Wealth & Investment Management , agreed Tuesday with a social media post arguing that Mercedes-Benz Group AG’s $50 million investment for nearly 10% of...
Palantir Technologies is pressing the US Defense Intelligence Agency to rethink its analytics contract while investors look ahead to the next earnings release and assess a volatile share price performance on Nasdaq. Palantir Technologies is back in the spotlight as it challenges a major analytics contract with the US Defense Intelligence Agency (DIA) and investors look ahead to the company’s next ...
Palantir Technologies is pressing the US Defense Intelligence Agency to rethink its analytics contract while investors look ahead to the next earnings release and assess a volatile share price performance on Nasdaq. Palantir Technologies is back in the spotlight as it challenges a major analytics contract with the US Defense Intelligence Agency (DIA) and investors look ahead to the company’s next earnings update, which is expected to show strong year-over-year growth in earnings per share, according to estimates compiled by Zacks Investment Research as of 05/20/2026 (Zacks as of 05/20/2026; Simply Wall St as of 05/15/2026). As of: 05/22/2026 By the editorial team – specialized in equity coverage. At a glance Name: Palantir Technologies Palantir Technologies Sector/industry: Software, data analytics Software, data analytics Headquarters/country: Denver, United States Denver, United States Core markets: Government agencies and commercial enterprises globally, with a strong focus on the US Government agencies and commercial enterprises globally, with a strong focus on the US Key revenue drivers: Data integration, analytics and decision-support platforms for government and commercial clients Data integration, analytics and decision-support platforms for government and commercial clients Home exchange/listing venue: Nasdaq (ticker: PLTR) Nasdaq (ticker: PLTR) Trading currency: US dollar (USD) Palantir Technologies: core business model Palantir Technologies develops software platforms that help organizations integrate, manage and analyze large volumes of data to support operational decision-making. The company’s tools aim to bring together data from disparate sources, structure it, and provide users with configurable applications and workflows tailored to mission and business needs. Historically, Palantir’s business has been tightly associated with the US public sector, including defense, intelligence and other government agencies. Over time, the company has expanded its ...
Palantir Technologies remains in focus after fresh earnings calendar data pointed to another profit beat and continued investor attention on defense and commercial analytics demand. Palantir Technologies is drawing renewed attention after recent earnings-calendar data showed another quarterly profit beat and Wall Street continued to monitor the company’s dual exposure to U.S. defense spending and ...
Palantir Technologies remains in focus after fresh earnings calendar data pointed to another profit beat and continued investor attention on defense and commercial analytics demand. Palantir Technologies is drawing renewed attention after recent earnings-calendar data showed another quarterly profit beat and Wall Street continued to monitor the company’s dual exposure to U.S. defense spending and commercial software demand. For U.S. investors, the stock remains one of the most closely watched names in AI-linked enterprise software. According to Zacks Investment Research as of 05/22/2026, Palantir reported earnings of $0.33 per share for its last quarter, above the consensus estimate of $0.29 per share. The same source also lists a June 2025 quarter estimate of $0.14 per share, underscoring how closely investors continue to track profitability trends in the name. As of: 22.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Palantir Technologies Palantir Technologies Sector/industry: Software / data analytics Software / data analytics Headquarters/country: United States United States Core markets: U.S. government, defense, and commercial customers U.S. government, defense, and commercial customers Home exchange/listing venue: Nasdaq: PLTR Nasdaq: PLTR Trading currency: USD Palantir Technologies: core business model Palantir builds software platforms that help organizations integrate, analyze, and act on large data sets. The company is best known for its work with government agencies, especially defense and intelligence users, but it also sells to commercial customers that need operational analytics and decision support. That mix matters for U.S. investors because it ties the stock to two large themes at once: federal technology procurement and enterprise software adoption. It also helps explain why quarterly results, contract wins, and guidance updates often move the shares more than broad market headlines. Main revenue and product drive...