AI Now Drives Over Half of Baidu’s Business – Q1 2026 Results
Baidu Q1 2026: AI growth surges, cloud and robotaxis boom, ads fall, but earnings beat expectations and profits rise.
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Bitcoin Depot Files for Bankruptcy: North America’s Largest Bitcoin ATM Operator Shuts Down
Bitcoin Depot filed Chapter 11 bankruptcy, shut all Bitcoin ATMs, and will sell assets after losses and regulations.
Regeneron’s Melanoma Drug Crumbles Against Keytruda in Phase 3 Trial
Regeneron’s fianlimab + Libtayo combo showed 11.5 months PFS vs Keytruda’s 6.4 months in Phase 3 melanoma trial — but missed statistical significance. Analysts are “shaking heads” after the setback.
Elliott Takes Aim at Bio-Rad: Activist Investor Pushes for Turnaround
Elliott bought into Bio-Rad to boost its weak stock, betting on turnaround and its valuable Sartorius stake driving future growth.
NextEra Energy to Acquire Dominion in $66.8 Billion Deal, Creating World’s Largest Regulated Utility
NextEra Energy is buying Dominion Energy for $66.8B to form a huge utility serving 10M homes, boosting power for AI/data centers.
After 6-Year Exit, Berkshire Buys $2.6 Billion Stake in Delta
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.