Brown University Reduces Blue Owl Stake Amid Private Credit Scrutiny
Markets Daniel Marsh

Brown University Reduces Blue Owl Stake Amid Private Credit Scrutiny

Brown University slashed its OBDC stake by 53% as private credit faces scrutiny. Blue Owl reported revenue growth but a 1.1% direct-lending loss.

OBDC
Alibaba's AI Adoption Surges as Cloud Growth Key to Earnings Test
Earnings James Calloway

Alibaba's AI Adoption Surges as Cloud Growth Key to Earnings Test

Alibaba's Accio Work AI tool reaches 230,000 businesses in one month. May 13 earnings will test if AI and cloud growth can counter weaker e-commerce margins.

BABA
NuScale Power Faces Key Test as Earnings Approach and SMR Competition Intensifies
Earnings James Calloway

NuScale Power Faces Key Test as Earnings Approach and SMR Competition Intensifies

NuScale Power reports Q1 earnings May 7 as shares close at $12.14. The SMR firm faces pressure to show commercial progress amid rising competition from rivals like X-energy.

SMR
Applied Digital Shares Dip After $7.5B AI Data Center Lease Deal
Markets Daniel Marsh

Applied Digital Shares Dip After $7.5B AI Data Center Lease Deal

Applied Digital shares retreated 2.04% to $33.55 Friday, giving back some gains from a $7.5 billion AI data center lease deal announced April 23.

APLD
X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions
IPO Michael Okonkwo

X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions

X-Energy shares rose 33% from IPO price to $30.53, but fell from weekly highs. Kentucky utilities explore its Xe-100 reactor as the company tackles licensing and construction challenges.

AMZN FLR DOW PPL
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Crypto Sarah Chen

Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens

Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.

BMNR
Boeing Receives Dual Boost: Israeli F-15IA Approval and EgyptAir 737 MAX Delivery
Markets Daniel Marsh

Boeing Receives Dual Boost: Israeli F-15IA Approval and EgyptAir 737 MAX Delivery

Israel greenlights a squadron of Boeing F-15IA fighters as part of a $119 billion military expansion, while EgyptAir receives its first 737 MAX. Boeing's defense backlog reaches a record $86 billion.

BA LMT
Uber Expands Robotaxi Operations with Hertz Deal, Shifts Strategy Ahead of Earnings
Technology Sarah Chen

Uber Expands Robotaxi Operations with Hertz Deal, Shifts Strategy Ahead of Earnings

Uber is expanding its robotaxi operations by partnering with Hertz's Oro Mobility for fleet management, signaling a strategic shift toward direct operations. The move comes ahead of Uber's Q1 earnings.

UBER HTZ LCID GOOGL TSLA NVDA
Trump Media CEO Weighs Truth Social Spin-Off Amid $712M Loss
Analysis Daniel Marsh

Trump Media CEO Weighs Truth Social Spin-Off Amid $712M Loss

Interim CEO Kevin McGurn is evaluating a spin-off of Truth Social and Truth+ from Trump Media's crypto and fusion energy units. DJT reported a $712.3 million net loss on $3.7 million revenue in 2025.

DJT
Oklo Insider Stock Sales Raise Eyebrows Ahead of Q1 Earnings Release
Markets Daniel Marsh

Oklo Insider Stock Sales Raise Eyebrows Ahead of Q1 Earnings Release

Oklo executive Caroline Cochran filed to sell up to 300,000 Class A shares worth $21.75 million, just before the company's Q1 earnings report. Shares closed down 2.9% at $70.40.

OKLO
CoreWeave Q1 Earnings Loom After $154M Insider Sale
Earnings James Calloway

CoreWeave Q1 Earnings Loom After $154M Insider Sale

CoreWeave reports Q1 earnings on May 7, after a $154 million stock sale by Magnetar entities. The Nvidia-backed AI cloud firm must prove demand is translating into revenue.

CRWV NVDA ORCL
Applied Materials Secures 140 Acres in Karnataka for AI Chip R&D Hub
Technology Sarah Chen

Applied Materials Secures 140 Acres in Karnataka for AI Chip R&D Hub

Karnataka approved 140 acres for Applied Materials near Bengaluru airport for AI chip R&D. The land is valued at ₹780 crore, with final clearances pending.

AMAT