Public Property Invest ASA Ends Trading on Euronext Oslo Børs Ahead of Merger
May 13, 2026, 1:58 AM EDT.Public Property Invest ASA (PPI ASA) will have its last trading day on Euronext Oslo Børs on May 13, 2026. This follows the planned cross-border merger with Public Property Invest AB (PPI AB), expected to complete on May 15. Post-merger, shareholders will exchange PPI ASA shares for PPI AB shares at a 1:1 ratio, covering both ordinary and non-voting shares. Trading in PPI AB shares will start on Nasdaq Stockholm on May 20, and the company will secure a secondary listing on Euronext Oslo Børs from May 21, pending customary conditions. These moves reflect strategic consolidation within the public property investment sector, complying with Norwegian Securities Trading Act disclosure requirements.
21Shares to Launch Hyperliquid ETF on Nasdaq, Offering Direct Exposure to DeFi Futures Protocol
May 13, 2026, 1:57 AM EDT. 21Shares will list its Hyperliquid ETF (ticker: THYP) on Nasdaq on May 12, providing investors regulated access to Hyperliquid, a fast-growing decentralized finance (DeFi) perpetual futures protocol. The ETF carries a 0.30% management fee and includes staking rewards, making it a yield-bearing instrument rather than a simple price tracker. Hyperliquid, launched in 2023, supports over $3 billion in locked value and $4 billion in daily trading volume. THYP represents a new frontier for crypto ETFs, differing from traditional Bitcoin products by tracking the governance token of a young DeFi protocol. Early investor interest may reach $500 million soon, but risks such as liquidation cascades and smart contract exploits remain significant. Monitoring creation/redemption flows and tracking error will be essential for assessing demand and performance.
Schwab U.S. Dividend Equity ETF Outperforms S&P 500 in 2024
May 13, 2026, 1:56 AM EDT. The Schwab U.S. Dividend Equity ETF (SCHD) has risen more than 15% in 2024, outpacing the S&P 500's 7% gain so far this year. SCHD prioritizes dividend stability and financial health by tracking the Dow Jones U.S. Dividend 100 Index, which requires companies to have 10 consecutive years of dividend increases and strong financial metrics. Its diversified holdings focus on defensive sectors like consumer staples, healthcare, and energy, offering appeal amid economic uncertainty. However, SCHD's historical performance shows it only outperformed the S&P 500 three times in the past decade, highlighting that consistent outperformance is not guaranteed.
BlackBerry Launches $26.8 Million Share Buyback Program After TSX Approval
May 13, 2026, 1:55 AM EDT.BlackBerry Limited (NYSE:BB) has received Toronto Stock Exchange approval to renew its normal course issuer bid, permitting repurchases of up to 26.8 million shares, about 4.58% of its public float. The buyback starts May 12 and will continue for one year or until the share limit is reached. Shares acquired will be cancelled to offset equity incentive dilution and enhance shareholder value. BlackBerry cited a strengthened balance sheet in FY2026 and expects positive operating cash flow in FY2027. The company views the current share price as undervalued and seeks flexibility to repurchase shares without affecting strategic goals. Daily purchases are capped at 563,825 shares, excluding block trades. The previous buyback repurchased over 18 million shares at an average price of $3.85.
Tata Power Shares Dip 4% After Q4 Earnings but Brokerages Maintain Buy Ratings
May 13, 2026, 1:38 AM EDT. Tata Power's stock fell 4.05% to Rs 401.45 following its Q4 earnings report showing an 8.3% rise in consolidated net profit to Rs 1,415.52 crore, while revenue declined 13% to Rs 14,900.20 crore. EBITDA rose 10% year-on-year. The board proposed a Rs 2.50 final dividend per share for FY26. Despite the dip, brokerages remain optimistic. JM Financial highlighted strong performance from Tata Power's rooftop solar segment and new cell+module facility, maintaining a Buy rating with a target price of Rs 485. Motilal Oswal expects rooftop solar business to grow 50-60% in FY27 and guided 2.5GW renewable energy commissioning for FY27 and FY28, setting a target price of Rs 490 and reaffirming a Buy. Key catalysts include accelerated renewable projects and expanding solar market share by FY27.
Advanced Micro Devices (AMD) Stock Quote Price and Forecast
May 13, 2026, 1:13 AM EDT.Advanced Micro Devices (AMD) operates in the semiconductor sector, producing processors, accelerators, graphics units, flexible system-on-chips (SoCs), field-programmable gate arrays (FPGAs), and system-on-modules (SOMs). The company also develops software, tools, and applications catering to artificial intelligence, gaming, and industrial workloads. Founded in 1969 by W.J. Sanders III, AMD is headquartered in Santa Clara, California. The firm's diverse offerings position it as a key player in evolving tech markets, influencing its stock performance and investor interest.
Uber Q1 Earnings Boost Stock Price with Strong Growth Outlook Through 2026
May 13, 2026, 1:11 AM EDT. Uber (NYSE: UBER) posted robust Q1 results with Gross Bookings rising 25% year-on-year to $53.72 billion. The firm raised Q2 guidance, forecasting 31-38% EPS growth and $2.7-$2.8 billion in Adjusted EBITDA. Uber One membership hit 50 million, driving half of gross bookings, underlining the company's platform strategy. Uber repurchased $3 billion in stock during the quarter, signaling confidence. Shares jumped 8.53% to $79.17, yet remain below the 52-week high of $101.99. Analysts maintain a bullish outlook, with a consensus price target near $104 and predictions of $138.87 by May 2027 if platform momentum continues. Risks include potential disruptions from robotaxi technology and a significant drop in GAAP net income year-on-year.
TransAlta (TSX:TA) Stands Out as a Stable Long-Term Dividend Stock with Growth in AI Power Demand
May 13, 2026, 1:08 AM EDT. TransAlta (TSX:TA) is a major power generator operating in Canada, the U.S., and Australia, focusing on diverse energy sources including hydro, wind, solar, natural gas, and battery storage. The company is shifting away from coal towards cleaner energy, highlighted by partnerships related to Alberta's data center growth-a sector demanding substantial electricity for artificial intelligence (AI) infrastructure. In 2025, TransAlta posted $2.41 billion in revenue with a positive 2026 earnings outlook of $950 million to $1.05 billion EBITDA. The company raised its dividend by 8%, marking seven consecutive increases, with a yield around 1.6%. Despite a recent pullback from 52-week highs, analysts see continued upside. TransAlta's stable contract base and alignment with AI-driven power needs position it as a potential lifetime dividend stock for long-term investors.
Sensex Opens Higher, Nifty Above 23,400 as Asian Paints Rises 4% Amid Crude Oil Concerns
May 13, 2026, 1:07 AM EDT. The S&P BSE Sensex opened 100 points higher and the NSE Nifty50 climbed above 23,400 on Wednesday, breaking a four-day losing streak despite rising crude oil prices due to the ongoing West Asia conflict. Asian Paints led gains, up 3.22%, followed by Adani Ports and Tata Steel. Experts warn that crude oil supply tensions are impacting India's economic outlook, with the rupee hitting a new low of 95.63 against the dollar. Foreign institutional investors remain cautious, preferring safety amid market volatility. Sectoral advice highlights pharmaceuticals as a safer bet, while large banking stocks could present long-term value on dips.
EPACK Durable Limited Share Price Surges 23% Despite High Valuation
May 13, 2026, 1:06 AM EDT. EPACK Durable Limited (NSE:EPACK) posted a 23% share price increase on the NSE over the past two months, despite trading at a premium with a price-to-earnings (PE) ratio of 57.29x, well above its consumer durables industry average of 37.63x. The company's shares show high volatility, reflected in a high beta, indicating significant price swings relative to the market. Analysts note earnings are expected to double in the coming years, suggesting strong growth ahead. However, current prices likely already reflect this optimism, meaning potential investors should consider whether now is the right time to buy, while shareholders might evaluate selling at peak valuations and waiting for price dips.
Viking Holdings (VIK) Seen as 6.4% Undervalued After Strong 1-Year Returns
May 13, 2026, 1:05 AM EDT. Viking Holdings (VIK) has delivered a robust 74.46% total shareholder return over the past year, driven by revenue of $6.5 billion and net income of $1.1 billion. Despite recent share price cooling, the stock trades at $80.60, below a fair value estimate of $86.11, suggesting a 6.4% undervaluation. Expansion into emerging markets like India and China and growth in luxury travel demand support long-term prospects. However, risks from environmental regulations and shifting spending among older travelers remain. Viking's price-to-earnings ratio at 31.3 is high compared with peers and the hospitality sector, highlighting premium valuation tied to optimism about future earnings.
10x Genomics Shares Drop 5.3% After Q1 Revenue Miss Raises Growth Fears
May 13, 2026, 12:21 AM EDT. 10x Genomics (TXG) shares fell 5.3% following quarterly results that beat forecasts but showed a 2.6% revenue decline year-over-year to $150.8 million. Despite narrowing losses and reconfirming full-year guidance, investors reacted to concerns about future growth prospects. The stock closed at $21.61, down 3.6% from the previous close. Volatility remains high with 54 price swings over 5% in the past year. Investor caution appears linked to weaker growth signals in the life sciences sector, highlighted by peer Thermo Fisher's slower organic revenue gain. Although 10x Genomics is up 29.9% year-to-date, shares remain 17.2% below their 52-week peak. The market seems to weigh near-term sales softness against long-term potential cautiously.
Warren Buffett Warns Stock Investors of Excessive Greed in Market
May 13, 2026, 12:20 AM EDT. Legendary investor Warren Buffett issued a stark warning about excessive greed gripping the stock market. Speaking at Berkshire Hathaway's shareholder meeting, Buffett said investors are in a "gambling mood," pushing valuations to unsustainable highs despite economic and geopolitical uncertainty. The S&P 500 is near record levels after six consecutive weeks of gains, with fear notably absent. Buffett reiterated his long-held principle that emotions like greed and fear lead to mispricing, cautioning that many stock prices now "look very silly." Although Buffett remains cautious, he acknowledged potential opportunities persist. He also admitted to understanding fewer businesses today due to market complexity and his reluctance to dive into unfamiliar industries like tech, reinforcing his focus on his "circle of competence."
Sensex Rises 120 Points, Nifty Surpasses 23,400 as Rupee Recovers from Historic Lows
May 13, 2026, 12:19 AM EDT. Indian markets rebounded Wednesday as the Sensex rose 120 points to 74,679 and the Nifty climbed 59 points to 23,438, ending a four-day slide. The rupee strengthened 16 paise to 95.52 per dollar after import duties on gold and silver increased, aiming to reduce demand and trade deficit pressure. Oil prices eased but stayed above $100 per barrel amid a US blockade near the Strait of Hormuz. Sensex gained broad support with Asian Paints surging nearly 4%. Market volatility fell, while the Nifty Metal index topped sector gains with over 1% rise. Geopolitical tensions linger as Iran-US ceasefire weakens, adding uncertainty to the outlook.
