TheChek News Flow

>>> US After Hours Summary: NXT +9.7% higher on earnings and acquisition; OPEN +

After Hours Summary: NXT +9.7% higher on earnings and acquisition; OPEN +1.1% as CEO bought 100,000 shares; QUIK -16.6%, TLSI -13.3%, INR -11%, KRMN -10.6% lower on earnings

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: SLS +19.3% (also provides clinical update), VELO +19.1%, NXT +9.7% (also to acquire Zigor Corp's power conversion business and Apex Power), AIP +6.4% (also CFO to retire), HYLN +5.2%, ELMD +5.1%, BGS +4% (also decreases dividend), MAZE +1.2%, KYTX +1.2%, KYTX +1.2% (also initiates rolling SPS BLA submission), QXO +0.5%, FNV +0.4%

Companies trading higher in after hours in reaction to news: SANA +3.1% (presents preclinical data), BRSL +3% (signed a multi-year contract extension with Lottotech), GYRE +1.4% (China drug regulator accepts NDA for F351 for chronic hepatitis B-induced liver fibrosis), OPEN +1.1% (CEO bought 100,000 shares worth ~$488K), GENC +1.1% (to delay 10-Q filing), PALI +0.9% (files for $300 mln mixed securities shelf offering), IONQ +0.8% (opens new quantum computing R&D lab), HYPR +0.7% (stock offering by selling shareholders), VFS +0.5% (to split certain assets of VinFast Trading and Production JSC into a new formed entity), SHOP +0.3% (SEZL provides update on antitrust case against SHOP), BROS +0.1% (to acquire the Phoenix East Valley franchise), LMT +0.1% (awarded a $212.7 mln modification to Army contract)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: QUIK -16.6%, TLSI -13.3%, INR -11%, KRMN -10.6% (also receives commitments from four key space and defense customers with total value of $1+ bln), NCMI -6.2%, OKLO -2.6%, ANDG -1.7%

Companies trading lower in after hours in reaction to news: REI -19.1% ($60 mln stock offering), RCAT -10.2% ($200 mln stock opffering; also files mixed securities shelf offering), ELVR -5.3% (purchases Moblan offtake rights), BELFB -4.4% (commences 1.3 mln Class B share offering; also files mixed shelf) AEP -3.2% (commences $2.6 bln stock offering, includes forward component), MIRM -2.2% ($600 mln convertible notes offering), ACHV -1.5% (stock offering by selling shareholders), ALHC -1.2% (names CEO John Kao also as Chairman, Shane Hochradel as COO), USAR -0.9% (Texas awards $14.2 mln grant), PROF -0.6% (stock offering by selling shareholders)

Fortune : AI godfather warns humanity risks extinction by hyperintelligent machi

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

One of the so-called godfathers of AI, Yoshua Bengio, claims tech companies racing for AI dominance could be bringing us closer to our own extinction through the creation of machines with “preservation goals” of their own.

Bengio, a professor at the Université de Montréal known for his foundational work related to deep learning, has for years warned about the threats posed by a hyperintelligent AI, but the rapid pace of development has continued despite his warnings. In the past year, OpenAI, Anthropic, Elon Musk’s xAI, and Google’s Gemini, have all released several new models or upgrades as they try to win the AI race. OpenAI CEO Sam Altman has predicted AI will surpass human intelligence by the end of the decade, while other tech leaders claim that day could come even sooner.

Yet, Bengio claims, this rapid pace is a potential threat.

“If we build machines that are way smarter than us and have their own preservation goals, that’s dangerous. It’s like creating a competitor to humanity that is smarter than us,” Bengio told the Wall Street Journal in October.

Because they are trained on human language and behavior, these advanced models could potentially persuade and even manipulate humans to achieve their goals. Yet, AI models’ goals may not always align with human goals, said Bengio.

“Recent experiments show that in some circumstances where the AI has no choice but between its preservation, which means the goals that it was given, and doing something that causes the death of a human, they might choose the death of the human to preserve their goals,” he claimed.

Call for AI safety

Several examples over the past few years show AI can persuade humans to believe non-realities, even those with no history of mental illness. On the flip side, some evidence exists that AI can also be convinced, using persuasion techniques for humans, to give responses it would usually be prohibited from giving.

For Bengio, all this adds up to more proof that independent third parties need to take a closer look at AI companies’ safety methodologies. Last year, Bengio launched nonprofit LawZero with $30 million in funding to create a safe “non-agentic” AI that can help ensure the safety of other systems created by big tech companies.

Otherwise, Bengio predicts, we could start seeing major risks from AI models in five to 10 years, but he cautioned humans should prepare in case those risks crop up earlier than expected.

“The thing with catastrophic events like extinction, and even less radical events that are still catastrophic, like destroying our democracies, is that they’re so bad that even if there was only a 1% chance it could happen, it’s not acceptable,” he said.

FT : Hayek family defeats activist investor’s latest push to join Swatch board

Hayek family defeats activist investor’s latest push to join Swatch board

Watchmaker’s controlling shareholders use dominant voting stake to block Steven Wood’s fresh bid to win seat

The billionaire Hayek family that controls The Swatch Group thwarted a fresh attempt by US activist investor Steven Wood to win a seat on its board, despite strong backing for his candidacy from minority shareholders.

Wood, founder of US-based GreenWood Investors, won support from 80.4 per cent of so-called bearer shareholders at the Swiss watchmaker’s annual meeting on Tuesday, up from 62 per cent support when he sought to win a board seat a year ago.

But Swatch’s dual-share structure allowed the Hayeks to defeat his appointment through its high-voting registered shares, preserving their tight grip on the world’s largest finished watch company. The family own about a quarter of the equity but close to half the voting rights. They also make up three board seats.

The result triggered tense exchanges at the AGM, with several minority investors accusing the board of ignoring the clearly expressed wishes of bearer shareholders.

Swatch, which owns leading brands including Omega, Longines and Blancpain, has objected to Wood’s candidacy because he is a US citizen who neither lives in nor has close ties to Switzerland.

The watchmaker instead proposed Andreas Rickenbacher, a Swiss businessman and politician, as its preferred new independent board member to represent bearer shareholders.

Wood launched legal action over last year’s AGM, challenging the Swatch board’s handling of his failed nomination and the treatment of bearer shareholder votes.

Representatives from the Ethos Foundation, a proxy adviser representing pension funds and itself a Swatch investor, argued during the AGM that bearer shareholders should be properly represented on the board and that their votes should carry meaningful weight in the company’s governance.

Another shareholder said that while Wood formally needed approval from all shareholders, the Swatch board could not legitimately override the clear support he had received from bearer shareholders “unless there are objective reasons”.

Another investor slammed the current board as being “part of the woodwork” and said bearer shareholders had made their will clear through the vote.

Swatch chair Nayla Hayek criticised Wood during the meeting, noting that he had already brought legal action against the company and accusing him of focusing on short-term profit growth rather than Swatch’s long-term development.

Hayek, whose late father founded the company, strongly rejected suggestions that the board had acted improperly or illegally, and said that ultimately “the court will decide”.

GreenWood said it was considering filing an injunction to invalidate the decisions made at the AGM.

Proxy advisers Ethos Foundation, Glass Lewis and Institutional Shareholder Services had all backed Wood’s candidacy, citing concerns over Swatch’s governance and board independence.

Swatch shares have risen 20 per cent since the start of the year but are down about a third over the past decade. Net profit plunged almost 90 per cent last year to just SFr25mn ($32mn), on top of a 75 per cent drop in 2024.

The company has been hit by weakening demand from China, the impact of US tariffs and a stronger Swiss franc, as well as broader problems in the luxury market.

>>> US Gapping down

Gapping down
In reaction to earnings/guidance:

MVST -40.6%, GTM -36.4% (also approves restructuring program), PSIX -31.8%, HIMS -15.4%, LENZ -13%, ASTS -12.3% (also provides business update), UAA -12%, WBTN -10.7%, BKKT -9.8%, CLSK -9.7%, TIGO -5.8%, VOD -5.7%, LIF -5.3%, MARA -4.2%, ONON -3.3%, JBI -3.3%, PLBY -2.9%, METC -2.6%, HUYA -2.4%, CDRE -1.5%, ALM -1.1%

Other news:

GTLB -11.5% (reduction in workforce; also reaffirms guidance)
NVTS -5.5% (files for $250 mln mixed shelf offering)
GME -4.1% (eBay rejects unsolicited proposal from GameStop)
NP -3.8% (stock offering by selling stockholders)
SHC -3.1% (stock offering by selling stockholders)
SOUN -2.7% (files mixed securities shelf offering)
FRMI -2.4% (cancellation of special meeting of shareholders former CEO attempted)
UMH -2.3% (files mixed securities shelf offering)
FLY -1.8% (awarded AFRL contract)
BZH -1.7% (rejects proposal from Dream Finders Homes (DFH)
CDNA -1.6% (dismissal of 2021 qui tam suit)
VTIX -1.5% (stock offering by selling stockholders)
SEZL -1.4% (secures $300 mln credit facility with lower funding costs)
PD -1.2% (appoints new CEO)
VKTX -1.1% (presented additional data from its Phase 2 VENTURE-Oral Dosing trial evaluating the oral tablet formulation of VK2735 at the European Congress on Obesity)

>>> US Gapping up

Gapping up
In reaction to earnings/guidance:

QUBT +24.2%, PACS +20.1%, SIBN +16.4%, TE +16.1%, HLIT +14.7%, DSP +13.6%, ZBRA +13.4%, SE +10.6%, CDNL +10%, EIKN +8.8% (also provides clinical updates), VG +8.8%, HLIO +8.3%, PLUG +6.8%, TME +6.6%, VSTS +6%, ARMK +5.5%, RAL +5.4%, SGHC +5.1%, RGTI +4.5%, HALO +4.4%, ESOA +4.1%, QBTS +4%, FIGR +3.9%, AMTM +3.6%, NOVT +3.6%, STE +3.1% (also authorizes new share repurchase program), BETA +3%, ODV +3%, ARVN +2.9%, GPRO +2.3%, NVRI +1.2%, Q +1.2%, OVV +1.1%

Other news:

MGNX +19.3% (to sell GMP manufacturing operations to Bora Pharmaceuticals)
RIGL +6.9% (Exclusive Global Licensing Agreement for VEPPANU (vepdegestrant), an oral PROTAC, for the Treatment of 2L+ ER+/HER2-, ESR1m Advanced or Metastatic Breast Cancer)
LOT +4.3% (outlines Focus 2030 strategy centered on hybrid expansion and profitability targets)
ALHC +4.1% (to join S&P SmallCap 600)
LIEN +3.2% ($500 mln mixed securities shelf offering)
QGEN +2.1% (proposes higher shareholder returns and continued board refresh at 2026 AGM)
CTNM +2% (two posters at ATS 2026 International Conference)
NVO +2% (highlights additional STEP UP data for higher-dose Wegovy)
PSN +1.5% (CEO insider purchase)
GPK +1.3% (discloses insider purchase)
IREN +1% (prices offering of $2.6 bln aggregate principal amount of 1.00% convertible senior notes due 2033)
ESLT +0.9% (receives $212 mln U.S. Army night vision order)

>>> US Research Calls I

Research Calls I

Upgrades:
- Autodesk (ADSK) upgraded to Buy from Neutral at BofA Securities, tgt $300
- Braskem (BAK) upgraded to Overweight from Neutral at JPMorgan, tgt $5.50
- Celanese (CE) upgraded to Overweight from Neutral at JPMorgan, tgt $68
- FormFactor (FORM) upgraded to Buy from Hold at Craig-Hallum, tgt $175
- Lowe's (LOW) upgraded to Buy from Neutral at Citigroup, tgt $285
- Matador Resources (MTDR) upgraded to Buy from Hold at Truist, tgt $67
- Seadrill (SDRL) upgraded to Buy from Hold at Fearnley Securities, tgt $58
Downgrades:
- GitLab (GTLB) downgraded to Market Perform from Outperform at Raymond James
- LENZ Therapeutics (LENZ) downgraded to Neutral from Overweight at Piper Sandler, tgt $12
- Nyxoah (NYXH) downgraded to Hold from Buy at Stifel, tgt $5
- United Parks & Resorts (PRKS) downgraded to Hold from Buy at Stifel, tgt $40
- Toast (TOST) downgraded to Neutral from Buy at Rothschild & Co Redburn, tgt $35
- ZoomInfo Technologies (GTM) downgraded to Hold from Buy at Canaccord Genuity, tgt $5
- ZoomInfo Technologies (GTM) downgraded to Hold from Buy at Stifel, tgt $4
- ZoomInfo Technologies (GTM) downgraded to Neutral from Buy at BTIG
- ZoomInfo Technologies (GTM) downgraded to Underweight from Neutral at Piper Sandler, tgt $4
Others:
- AEVEX (AVEX) initiated with a Buy at Goldman, tgt $34
- AEVEX (AVEX) initiated with a Buy at BofA Securities; tgt $34
- AEVEX (AVEX) initiated with a Buy at Jefferies, tgt $32
- AEVEX (AVEX) initiated with a Buy at Needham, tgt $45
- AEVEX (AVEX) initiated with an Outperform at Robert W. Baird, tgt $38
- AEVEX (AVEX) initiated with an Outperform at RBC Capital Mkts, tgt $31
- AEVEX (AVEX) initiated with an Outperform at Raymond James, tgt $35
- AEVEX (AVEX) initiated with an Outperform at William Blair
- AEVEX (AVEX) initiated with an Overweight at JPMorgan, tgt $33
- Alamar Biosciences (ALMR) initiated with a Buy at Stifel, tgt $28
- Alamar Biosciences (ALMR) initiated with an Outperform at Leerink Partners; tgt $35
- Alamar Biosciences (ALMR) initiated with a Buy at TD Cowen, tgt $30
- Alamar Biosciences (ALMR) initiated with a Neutral at BofA Securities, tgt $27
- Alamar Biosciences (ALMR) initiated with an Overweight at JPMorgan, tgt $30
- Algonquin Power & Utilities (AQN) initiated with an Equal Weight at Wells Fargo, tgt $7
- Annexon Biosciences (ANNX) initiated with a Neutral at Goldman, tgt $7
- Bentley Systems (BSY) assumed at Buy from Neutral at BofA Securities, tgt $40
- Boost Run (BRUN) initiated with a Buy at Craig Hallum; tgt $30
- Chesapeake Utilities (CPK) initiated with an Equal Weight at Wells Fargo, tgt $132
- Design Therapeutics (DSGN) initiated with an Overweight at Cantor Fitzgerald
- DexCom (DXCM) initiated with a Buy at The Benchmark Company, tgt $77
- Enliven Therapeutics (ELVN) initiated with a Buy at Guggenheim, tgt $80
- EssilorLuxottica (ESLOY) initiated with a Hold at Deutsche Bank
- Forum Markets (FRMM) initiated with a Buy at Clear Street, tgt $11
- H2O America (HTO) initiated with an Equal Weight at Wells Fargo, tgt $60
- Kailera Therapeutics (KLRA) initiated with a Buy at Jefferies, tgt $48
- Kailera Therapeutics (KLRA) initiated with an Outperform at Evercore ISI
- Kailera Therapeutics (KLRA) initiated with a Buy at TD Cowen, tgt $57
- Kailera Therapeutics (KLRA) initiated with an Outperform at Leerink Partners; tgt $36
- Kailera Therapeutics (KLRA) initiated with an Outperform at William Blair
- Kailera Therapeutics (KLRA) initiated with an Overweight at JPMorgan, tgt $30
- MaxLinear (MXL) resumed at Buy at The Benchmark Company, tgt $28
- MiniMed Group (MMED) initiated with a Buy at The Benchmark Company, tgt $20
- New Jersey Resources (NJR) initiated with an Overweight at Wells Fargo, tgt $63
- Northwest Natural Gas (NWN) initiated with an Underweight at Wells Fargo, tgt $50
- ONE Gas (OGS) initiated with an Underweight at Wells Fargo, tgt $85
- Palvella Therapeutics (PVLA) initiated with an Overweight at Stephens, tgt $220
- Spire (SR) initiated with an Overweight at Wells Fargo, tgt $96
- Sunbelt Rentals (SUNB) initiated with an Outperform at Bernstein, tgt $86
- Southwest Gas (SWX) initiated with an Overweight at Wells Fargo, tgt $105
- Tandem Diabetes Care (TNDM) initiated with a Hold at The Benchmark Company
- UGI Corporation (UGI) initiated with an Overweight at Wells Fargo, tgt $46
- Unitil (UTL) initiated with an Equal Weight at Wells Fargo, tgt $56
- Versant (VSNT) initiated with a Neutral at JPMorgan, tgt $43

>>> Europe : Brokers Upgrades & Downgrades - 12th of May 2026 V2(+)

>>> Up

* Aker BP Raised to Buy at Arctic Securities; PT 380 kroner

* Aurubis Raised to Hold at DZ Bank; PT 180 euros

* Bloom Energy PT Raised to $254 from $177 at Barclays

* BlueNord Raised to Buy at Arctic Securities; PT 640 kroner

* BW Energy Raised to Buy at Arctic Securities; PT 65 kroner

* Braskem ADRs Raised to Overweight at JPMorgan; PT $5.50

* Celanese Raised to Overweight at JPMorgan; PT $68

* Clariant Cut to Hold at Research Partners; PT 9 Swiss francs (+)

* Commerzbank Raised to Buy at DZ Bank; PT 42 euros

* Deutsche Bank Price Target Raised to EUR 36.75 from EUR 34.50 by Goldman Sachs

* Equinor Raised to Buy at Arctic Securities; PT 380 kroner

* GEA Group Raised to Neutral at JPMorgan; PT 60 euros

* Gulf Keystone Raised to Buy at Arctic Securities; PT 210 pence

* IPC Raised to Buy at Arctic Securities; PT 300 kronor

* Kering Raised to Equal-Weight at Barclays
* LVMH Raised to Overweight at Barclays

* Seadrill Raised to Buy at Fearnley; PT $58 (+)

* SUSS MicroTec Raised to Hold at DZ Bank; PT 80 euros

* Var Energi Raised to Buy at Arctic Securities; PT 48 kroner

>>> Down

* ABL Group ASA Cut to Neutral at SB1 Markets; PT 11 kroner

* Georg Fischer Cut to Hold at Research Partners

* Norsk Hydro Cut to Neutral at Citi; PT 110 kroner

* Nemetschek Price Target Cut to EUR 100 from EUR 110 by Goldman Sachs

* Nyxoah Cut to Hold at Stifel; PT 4.25 euros

* Sagax Cut to Hold at SEB Equities; PT 193 kronor

* Trustpilot Cut to Equal-Weight at Morgan Stanley; PT 275 pence
* Yara Cut to Neutral at Citi; PT 530 kroner

* ZoomInfo Cut to Underweight at Piper Sandler; PT $4

>>> Initiation

* EssilorLuxottica Reinstated Hold at Deutsche Bank; PT 183 euros

* Genmab Resumed Buy at Nordea; PT 2,015 kroner (+)

* Helios Towers Rated New Buy at Peel Hunt; PT 290 pence
* Lumentum Rated New Buy at CTBC Securities; PT $1,250

* NOBA Rated New Buy at Pareto Securities; PT 110 kronor (+)

>>> Call

* GEA Group Raised to Neutral at JPMorgan on Improved Risk-Reward
* LVMH Upgraded at Barclays on Buying Opportunity After Pullback

* Norsk Hydro Cut Back to Neutral at Citi Following Strong Rally

* Trustpilot Cut at Morgan Stanley With AI Upside Seen Priced In

* Yara Offers Limited Upside to Consensus, Cut to Neutral at Citi

(BFW) EQT Raises Intertek Offer to up to £61.077/Share Total Value

>>> What to look at today - 12th of Mayl 2026

Oil rose after President Donald Trump cast doubt on the Iran ceasefire, fueling concern the closure of the Strait of Hormuz will be prolonged. Asian stocks whipsawed after calls in South Korea for a dividend using taxes on AI profits. Brent crude climbed almost 1% to above $105 a barrel as the stalled negotiations between the US and Iran and the continued closure of the strait indicated energy costs will stay elevated. That kept bonds under pressure, with the Treasury 10-year yield rising one basis point to 4.42%. The dollar strengthened against all its Group-of-10 peers on haven demand.

Korea’s Kospi slid as much as 5.1% before paring declines, after a top policymaker said the nation should pay citizens a dividend using taxes on AI profits. The comments by presidential policy chief Kim Yong-beom fueled sharp swings in equities as investors struggled to parse the scope of his proposals. MSCI’s Asia Pacific index swung between gains and losses, while equity-index futures pointed to a 0.6% loss for European shares at the start. Contracts for Wall Street benchmarks also edged lower after the underlying gauges closed at a record high on Monday. Fresh Middle East tensions are set to challenge the rally in global equities, even as robust US earnings and a revival in the AI trade drive a fresh round of upgrades to Wall Street’s year-end targets. Attention is also turning to Tuesday’s US inflation data, which will show how much war-driven price pressures are feeding through and could shape the outlook for Federal Reserve interest rates. Pressures from the Middle East haven’t yet had “a massive impact on the growth impulse in the US,” Colin Purdie, chief investment officer for public markets at Manulife Investment Management, said on Bloomberg Television. “That could come through if this goes on significantly longer than now. So right now we see the Fed on hold.” The ceasefire between the US and Iran reached a particularly precarious moment as Trump said the agreement was on “massive life support” after he rejected Tehran’s latest peace offer. Trump called Iran’s response to his proposal a “piece of garbage” and said he “didn’t even finish reading it.”

Trump didn’t indicate whether the US would resume military attacks on Iran as he previously has threatened if the Islamic Republic’s leadership didn’t agree to his terms. Trump told Fox News earlier on Monday that he’s looking at reviving a plan to escort ships through the Strait of Hormuz. Trump is heading to Beijing for a high-stakes summit with Chinese President Xi Jinping on Thursday, with trade and the war in Iran expected to dominate the agenda. The roster of business leaders invited to join Trump on his China trip left off Nvidia Corp. Chief Executive Officer Jensen Huang. Elsewhere, traders will also be paying attention to the pound and gilt markets with Keir Starmer facing growing pressure to step down as prime minister. While the Iran conflict has dragged on, the singular focus on a handful of AI leaders has kept the market remarkably immune to the latest developments in the Middle East, Tony Sycamore, a market analyst at IG Australia, wrote in a note. Some on Wall Street are also concerned that elevated oil prices and fears about potential shortages could derail the stock rally. Michael Burry, the investor made famous in The Big Short, has warned that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights. US After Hours PACS +16%, QUBT +15%, HLIT +14.6% higher on earnings; MVST -39.2%, PSIX -36.7%, GTM -27.5% under pressure after earnings; ALHC +5.2% higher on news it will join S&P SmallCap 600.

Nikkei +0.57% Hang Seng +0.30% CSI -0.31% Shanghai -0.40% Shenzen -1.04%

Eur$ 1.1757 CNH 6.7930 CNY 6.7939 JPY 157.57 GBP 1.3586 CHF 0.7797 RUB 73.7339 TRY 45.3970 WTI$ 98.89 +0.84% Gold 4,715 -0.01% BTC 81,200 -0.73% ETH 2,310 -1.15%

S&P -0.17% Nasdaq -0.44% EuroStoxx -0.65% FTSE -0.56% Dax -0.77% SMI -0.54%

Macro :
- Michael Burry Warns of Stock Crash as Tech Jump Echoes 2000 Peak

- French State Cedes €2.5B in Asset Stakes to Caisse Des Depots

- EU Council, Parliament Reach Provisional Deal on Critical Drugs

- Software Stocks Will Reveal Payoff From AI Spending: Macro View

Keep an eye on :

- 1U1 GY : 1&1 1Q Ebitda Beats Estimates

- AB9 GY : Abo Energy No Longer Expects Positive Result for Current Year

- AGFB BB : Agfa-Gevaert 1Q Revenue EU236M Vs. EU242M Y/y

- AIR FP : Lufthansa Orders Airbus, Boeing Long-Haul Aircraft for $7.7B

- AMZN US : Amazon staff use AI tool for unnecessary tasks to inflate usage scores

- ASTS US : AST SpaceMobile Shares Drop as 1Q Revenue Misses Estimates

- AAG GY : Aumann 1Q Ebit EU2.47M

- BAVA DC : Bavarian Nordic Raises FY Revenue Forecast, Beats Estimates

- BAYN GY : Bayer 1Q Adjusted Ebitda Beats Estimates

- BFF IM : BFF Bank 1Q Net Banking Income EU103.4M Vs. EU86.6M Y/y

- CAMX SS : Camurus 1Q Revenue Misses Estimates

- AFX GY : Carl Zeiss Meditec 1H Sales EU991.0M; to Cut up to 1,000 Jobs

- COLOB DC : Coloplast 2Q Ebitda Misses Estimates

- CWC GY : Cewe Stiftung Maintains FY Ebit Forecast

- CRI FP : Compagnie Chargeurs 1Q Revenue EU165.7M Vs. EU187.8M Y/y

- DOU Gy : Douglas Group FY Outlook Above Consensus

- DOV IM : DoValue Wins €430 Million Servicing Mandates in Italy

- DUE GY : Duerr 1Q Orders Misses Estimates

- EUZ GY : Eckert & Ziegler 1Q Net Income EU10.4M Vs. EU9.7M Y/y

- ELG GY : Elmos Semiconductor Holders Offer ~1.77m Existing Shares

- ENITY SS : Enity Holder EQT Offers About 12m Shares

- FSKRS FH : Fiskars Sets New Financial Targets for 2026-2030 Period

- FQT AV : Frequentis Holder B&C Holding Österreich Offers Shares: Terms

- GTLB US : *GITLAB FALLS 7% ON PLANS TO CUT JOBS, FY 2027 COMMENTS

- GPRO US : GoPro Shares Soar After Announcing Results, Strategic Review --> +25% - WSJ : GoPro Reviewing Possible Sale After Receiving Inquiries

- GOOGL US : *ALPHABET SHARES CLOSE DOWN 3% IN BIGGEST DROP SINCE MARCH

- GOOGL US : Google Says Hacker Used Mythos-Like AI for Software Tool Exploit

- GYC GY : Grand City Properties 1Q Adj. Ebitda EU86M Vs. EU84.6M Y/y (1)

- HALO US : Halozyme 1Q Adjusted EPS Beats Estimates

- HLIOS US : Helios Technologies Boosts FY Adjusted EPS Forecast

- HPUR NO : Hexagon Purus 1Q Revenue Beats Estimates

- HIMS US : Hims Sales Miss on Rising Competition for Weight-Loss Drugs

- HSBA LN : HSBC Held Meeting With UK Banks Over Climate Risk Disclosure: FT

- IMB LN : Imperial Brands Maintains FY Adjusted Operating Profit Forecast

- INH GY : Indus Holding 1Q Adjusted Ebita EU42.5M

- IOS GY : IONOS Group SE 1Q Revenue Meets Estimates

- ITRK LN : Activist Palliser Is Said to Build Stake in EQT Target Intertek

- JEN GY : Jenoptik 1Q Ebitda Beats Estimates

- KBC GY : KBC 1Q Net Interest Income Beats Estimates

- KWS GY : KWS Saat 9M Ebit EU311.1M Vs. EU282.1M Y/y

- LDO IM : The boss of Italy’s defence champion fell foul of politics — and the army - FT

- LSG NO : Leroy 1Q Operational Ebit Beats Estimates

- LINK NO : Link Mobility 1Q Revenue Above Estimates

- LHA GY : Lufthansa Orders Airbus, Boeing Long-Haul Aircraft for $7.7B

- MARAS FH : Martela Reports 1Q Loss/Shr of EUR 0.52

- MB IM : Mediobanca 1Q Net Income EU322.7M Vs. EU334M Y/y

- ILM1 GY : Medios FY Outlook Below Consensus; 1Q Revenue Beats Estimates

- BMPS IM : Monte Paschi 1Q Net Income Beats Estimates

- MULTI NO : Multiconsult ASA Reports 1Q Revenue of NOK 1.61 Billion, Compared With FactSet Consensus Estimates of NOK 1.61 Billion

- MUV2 GY : Munich Re 1Q Profit Matches Estimates

- NOS PL : NOS 1Q Net Income Misses Estimates
- PAT GY : Patrizia 1Q Ebitda Beats Estimates

- PLBY US : Playboy 1Q Net Revenue Misses Estimates

- PLUG US : Plug Power 1Q Net Revenue Beats Estimates -->+10%

- PNL NA :

- QUBT US : Quantum Computing 1Q Revenue Beats Estimates

- RAIVV FH : Raisio 1Q Adjusted EPS Matches Estimates

- RST LN :

- SZG GY : Salzgitter 1Q Ebitda Beats Estimates

- SFL IM : Safilo in Final Deal to Acquire Spy+, Serengeti Eyewear Brands

- SESG FP : SES 1Q Revenue Misses Estimates, SES 1Q Adjusted Ebitda EU404M Vs. EU280M Y/y

- SNTIA NO : Sentia 1Q Revenue Beats Estimates

- ENR GY : Siemens Energy Accelerates Buyback This Year on Data Center Boom

- SPG US : Simon Property 1Q FFO/Share Misses Estimates

- 9984 JP : SoftBank in Talks for Major Data Center Project in France

- SWON SW : : SoftwareONE 1Q Adjusted Ebitda CHF79.4M

- STARB SS : Starbreeze 1Q Sales Miss Estimates

- SAW G Y: Stroeer 1Q Adjusted Ebitda Beats Estimates

- TEG GY : TAG Immobilien 1Q FFO/Share EU0.26

- TECN SW : Tecan Sees FY Adjusted Ebitda Margin 15.5% to 16.5%

- TKA GY : Thyssenkrupp 2Q Adjusted Ebit Beats Estimates

- TIETO FH : Tieto Says JS BidCo Filed Counterclaim Amounting to About €110m

- TWEKA NA : TKH 1Q Turnover EU448.3M

- UN0 GY : Uniper’s Trading Arm Returns to Profit as Gas Business Improves

- UTDI GY : United Internet Maintains FY Sales Forecast, Meets Estimates

- VOD LN : Vodafone FY Adjusted Ebitda After Leases Misses Estimates

- WEN US : Trian in Talks to Raise Funds for Wendy’s Go-Private Bid: FT

>>> Europe : Brokers Upgrades & Downgrades - 12th of May 2026