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NASDAQ:VEEV 1 May 2026

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  • Coffee Futures Rally on Dollar Weakness Amid Supply Concerns
    May 1, 2026, 4:18 PM EDT. Coffee futures reversed earlier losses on Friday after the U.S. dollar index hit a two-week low, triggering short covering in the market. July arabica coffee closed up 0.3%, while robusta rose 0.09%. Despite expectations of a record Brazilian crop in 2026/27-forecasted up to 75.9 million bags by Marex Group-current supply tightness supports prices. ICE arabica inventories hit a two-month low of 494,508 bags. Vietnam's coffee exports are rising, putting pressure on robusta prices. However, concerns about a prolonged US-Iran conflict potentially disrupting shipping via the Strait of Hormuz have increased costs for coffee importers and roasters, further supporting prices. Brazilian export volumes fell sharply in March, reinforcing tight supply themes amid a predicted global coffee surplus expansion in 2026.

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Nebius Group N.V. Makes $643 Million Eigen AI Bet as AI Cloud Race Tightens

Nebius Group N.V. Makes $643 Million Eigen AI Bet as AI Cloud Race Tightens

1 May 2026
Amsterdam, May 1, 2026, 22:07 CEST • Nebius agreed to buy Eigen AI in a cash-and-stock deal valued at about $643 million.• The move targets AI inference, the running of trained models in live products.• Nebius shares rose sharply as investors weighed the deal ahead of May 13 results. Nebius Group N.V. agreed to acquire Eigen AI, a California company that works on making artificial-intelligence models run more efficiently, in a deal valued at about $643 million, pushing the Amsterdam-based AI cloud provider deeper into software used for production workloads. (Nebius) The deal matters now because the AI market is
Veeva Systems Stock Surges on S&P 500 Entry: Why VEEV’s May 7 Move Matters

Veeva Systems Stock Surges on S&P 500 Entry: Why VEEV’s May 7 Move Matters

1 May 2026
Veeva Systems shares rose 10.5% to $172.29 Friday after S&P Dow Jones Indices said the company will join the S&P 500 on May 7, replacing Coterra Energy. Veeva’s market value reached about $29.1 billion. The company reported fiscal 2026 revenue of $3.20 billion, up 16%. Morningstar kept its $287 fair value estimate after the announcement.
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