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Forte Biosciences: Targeting Celiac Disease

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Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?

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Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?
Oil prices flared up as much as 8% this week, ending Friday’s session over 3% higher after remarks from U.S. President Donald Trump and Iran’s foreign minister weakened hopes of a near-term agreement to end ship attacks and seizures around the Strait of Hormuz.

Iranian Foreign Minister Abbas Araqchi said on Friday that Tehran has “no trust” in the United States and would engage in negotiations only if Washington showed seriousness. He added that Iran remains ready both for renewed conflict and for diplomatic solutions.

Crude oil price this week

Brent crude futures settled at $109.26 a barrel, rising $3.54 or 3.35%, while U.S. West Texas Intermediate crude ended at $105.42 a barrel, up $4.25 or 4.2%. For the week, Brent advanced 7.84%, and WTI gained 10.48%, as uncertainty surrounding the fragile ceasefire in the Iran war continued to keep markets on edge.

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Trump, meanwhile, said he was losing patience with Iran and had agreed with Chinese President Xi Jinping that Iran cannot be allowed to develop a nuclear weapon and must reopen the Strait. Nearly one-fifth of the world’s oil and liquefied natural gas flows through the Strait of Hormuz, which serves as the main export route for Gulf producers including Saudi Arabia, Iraq and Qatar.

The rhetoric between Washington and Tehran turned increasingly confrontational once again. Although the ceasefire remains in place, expectations of a quick reopening of the Strait of Hormuz have diminished sharply.


Trump also concluded his visit to China. While Chinese President Xi Jinping did not publicly comment on discussions with Trump regarding Iran, China’s foreign ministry issued a statement saying, “This conflict, which should never have happened, has no reason to continue.”
Among the outcomes the market had been watching for from the U.S.-China summit, Trump said China agreed that Iran can’t possess a nuclear weapon. Tensions also flared between the two when Xi said the US and China’s relation could be in great jeopardy if the Taiwan issue wasn’t resolved.

Where are prices headed?

Analysts at Morgan Stanley said the global oil market is now in “a race against time,” warning that the factors limiting a sharper rise in crude prices may weaken if the Strait of Hormuz stays shut into June.

Despite disruptions impacting nearly 1 billion barrels of oil supply, crude prices are still below the highs reached in 2022 after Russia’s invasion of Ukraine. Analysts led by Martijn Rats said the market entered the current crisis with stronger supply buffers, while investors largely continue to believe the strait will eventually reopen.

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Morgan Stanley added that higher U.S. crude exports and softer Chinese imports have so far helped shield the market from a deeper supply shock. However, the brokerage warned that a prolonged closure of Hormuz could once again tighten global supplies if disruptions continue beyond what either China or the United States can manage comfortably.

Haitong Futures said markets remain cautious and warned the ceasefire may only be temporary. The brokerage added that stalled negotiations between Washington and Tehran could trigger another escalation, pushing oil prices even higher.

Saudi Aramco CEO Amin Nasser said Monday that disruptions to shipments through Hormuz could delay the return of stability to oil markets until 2027, potentially affecting around 100 million barrels of oil supply every week.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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SAP SE (SAP) Shareholder/Analyst Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

SAP SE (SAP) Shareholder/Analyst Call May 13, 2026 11:00 AM EDT

Company Participants

Alexandra Kasper Steiger – Global Head of Investor Relations
Christian Klein – CEO & Member of Executive Board
Muhammad Alam – Lead product engineering & Member of Executive Board
Thomas Saueressig – Member of Executive Board
Malin Persson
Gina Vargiu-Breuer – Chief People Officer, Labor Director & Member of Executive Board
Sebastian Steinhaeuser – Chief Strategy Officer & COO and Member of Executive Board
Dominik Asam – CFO & Member of Executive Board

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Conference Call Participants

Adam Wood – Morgan Stanley, Research Division
Toby Ogg – JPMorgan Chase & Co, Research Division
Jackson Ader – KeyBanc Capital Markets Inc., Research Division
Charles Brennan – Jefferies LLC, Research Division
Ben Castillo-Bernaus – BNP Paribas, Research Division
Johannes Schaller – Deutsche Bank AG, Research Division
Mohammed Moawalla – Goldman Sachs Group, Inc., Research Division
Michael Briest – UBS Investment Bank, Research Division
Frederic Boulan – BofA Securities, Research Division

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Operator

Good morning. At this time, we would kindly ask that you please take your seats and silence all devices as our program is about to begin. Thank you. Please welcome to the stage SAP Global Head of Investor Relations, Alexandra Steiger.

Alexandra Kasper Steiger
Global Head of Investor Relations

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That was a little too fast. Good morning, everyone, and thank you for joining us at our annual financial conference. We hope you’re enjoying Sapphire so far and had a chance to walk the floor and explore all the exciting innovation here on display in Orlando. A warm welcome as well to those joining us virtually from around the world.

Today’s agenda offers a great chance to hear directly from our executive team, take a closer look at some of the key developments across our product portfolio and see how our technology and strategy are coming together here at SAP. As AI continues to

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Tuya: A Deeply Discounted 'Pick And Shovel' Play On Agentic AI

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Chinese officials meet Citigroup, Goldman chiefs in Beijing

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Chinese officials meet Citigroup, Goldman chiefs in Beijing


Chinese officials meet Citigroup, Goldman chiefs in Beijing

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Littelfuse, Inc. (LFUS) Analyst/Investor Day Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Littelfuse, Inc. (LFUS) Analyst/Investor Day May 14, 2026 9:00 AM EDT

Company Participants

David Kelley – Head of Investor Relations
Gregory Henderson – CEO, President & Director
Peter Kim – Senior VP & GM of Industrial Business
Deepak Nayar – Senior VP & GM of Electronics Business
David Ruppel – Senior VP and GM of Passenger Vehicle Business & Commercial Vehicle Products
Karim Hamed – Senior VP & GM of Semiconductor Business – Electronics Segment
Abhishek Khandelwal – Executive VP & CFO

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Conference Call Participants

Christopher Glynn – Oppenheimer & Co. Inc., Research Division
Luke Junk – Robert W. Baird & Co. Incorporated, Research Division
David Williams – Needham & Company, LLC, Research Division

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David Kelley
Head of Investor Relations

All right. Good morning, everyone. Thanks for joining us this morning for the 2026 Littelfuse Investor Day. We’re super excited to have everyone spend the morning with us and through lunchtime here in beautiful New York City.

For those of you that don’t know me, my name is David Kelley. I’m the Vice President of Investor Relations here at Littelfuse. We haven’t met before. We would love to spend some time with you today. And for those of you on the webcast, by the way, thank you for joining us as well. My e-mail address is on the website, so would love to speak with you as well. A lot of familiar faces and a lot of new faces in the crowd this morning. So looking forward to starting the conversation or for many of you continuing the conversation here.

Before we get rolling, I wanted to pull up the disclaimer slides for you to read here. These are, of course, available on our website where the presentation is also available. They’re also filed with a presentation with the SEC as well.

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Analysis-Trump’s geopolitical brinkmanship has hit a wall with Iran

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European shares log weekly losses on Iran war-linked inflation woesdrop

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European shares log weekly losses on Iran war-linked inflation woesdrop
Europe’s STOXX 600slid and logged weekly losses on Friday as concerns over energy-induced inflation pressures due to the U.S.-Iran standoff rattled global markets.

The pan-European benchmark closed down 1.5% at 606.92 points, snapping two straight days of gains. Germany’s DAX declined the most among regional bourses, down 2.1% on ‌Friday.

Positive corporate earnings ⁠and ⁠a rally in semiconductor shares aided gains this week, but were overshadowed by cost-of-living worries as energy prices stay elevated.

Europe’s materials index led declines, dropping 5.1% tracking weaker metal prices, while the defence sector fell 3.6%, the worst weekly performance among individual sectors.

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Semiconductor firms paused their recent rally, with ASML , and Aixtron down 4.4% and 6%, respectively.


U.S. President Donald Trump finished his two-day meeting with China’s President Xi Jinping, which yielded little headway with regard to reopening the Strait of Hormuz. Trump ⁠also said his patience ‌with Iran was running out.
“Energy prices are pretty much the biggest problem facing Europe and ultimately, there doesn’t appear to be any political will to address that ⁠and markets are pricing that,” said Michael Hewson, senior market analyst at iForex. Inflation data out of several European countries and the U.S. this week showed that the jump in energy costs have started reflecting in consumer and producer prices, prompting investors to price in at least two rate hikes by the end of the year by the European Central Bank. Reflecting this, bond markets also witnessed a selloff.

“Markets which are more reliant on foreign energy imports and manufacturing heavy, which is energy intensive, feel the pain a ‌bit more,” said Daniel von Ahlen, senior macro strategist at GlobalData TS Lombard.

Economically sensitive cyclical sectors also came under pressure, with banks dropping 6% as BNP Paribas and Deutsche Bank lost 3% and 2.6%, respectively.

Meanwhile ⁠political uncertainty was rife in the UK as Prime Minister Keir Starmer struggled to hold on to power after his main rival signalled a challenge to his leadership. The blue-chip FTSE 100 ended down 1.7%, while the more domestically-focused mid-cap index lost 1%.

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Among others, LVMH dipped 1.1% after the conglomerate agreed to sell fashion brand Marc Jacobs.

Stellantis fell 4.2% after the carmaker signed a roughly 1-billion-euro ($1.16 billion) deal with China’s Dongfeng to produce Peugeot- and Jeep-branded vehicles.

Bucking the trend, Technoprobe soared 32.3% after the Italian semiconductor firmupgraded its 2026 outlook.

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Credit Saison Co., Ltd. 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:CSASF) 2026-05-16

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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New York’s Long Island rail strike halts busiest commuter line in US

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Ex-FBI Agent Spotlights Tommaso Cioni Job Mystery in Nancy Guthrie DisappearanceD

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Nancy Guthrie

TUCSON, Ariz. — Former FBI special agent Jennifer Coffindaffer has drawn fresh attention to the Nancy Guthrie disappearance case by publicly questioning why Tommaso Cioni’s name no longer appears on the teacher roster at the BASIS Oro Valley charter school where he taught sixth-grade biology, raising new online speculation more than 100 days after the 84-year-old vanished from her Catalina Foothills home.

Coffindaffer, who has closely followed the high-profile case, posted on X this week after checking the school’s website. “Some have reported that Annie & Tommaso have not been seen. I personally checked the BASIS Oro Valley school where Tommaso teaches 6th grade biology. I do not see his name listed as a teacher…” she wrote, adding that the absence could indicate he is on leave or that the school is avoiding listing him amid intense public scrutiny and accusations.

The comments have reignited online discussions and conspiracy theories surrounding Cioni, Nancy’s son-in-law, who was the last known person to see her alive. Authorities have repeatedly stated that Cioni and his wife Annie Guthrie have been fully cooperative, passed polygraphs and are not considered suspects. Yet Coffindaffer noted the potential damage from persistent online narratives, warning that millions remain convinced of his involvement despite official clearances.

Case Background and Lingering Questions

Nancy Guthrie disappeared on January 31, 2026, after Cioni dropped her off at her home following a family dinner. She was reported missing the next morning when she failed to appear for a scheduled church livestream. Blood evidence and signs of forced entry were discovered inside the residence, prompting an intense investigation involving local deputies and the FBI.

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A masked individual captured on doorbell footage remains a person of interest, though no arrests have been made. Early cryptocurrency ransom demands were investigated and dismissed. DNA evidence has been sent for advanced analysis, with some results still pending. The case crossed the 100-day mark this week, shifting focus from rescue to potential recovery and prosecution.

Sheriff Chris Nanos has expressed confidence that answers will come, while acknowledging the intense public interest and the emotional toll on the Guthrie family. Savannah Guthrie, Nancy’s daughter and co-anchor of NBC’s “Today” show, has offered unwavering support for her sister and brother-in-law while making occasional public pleas for information.

Coffindaffer’s Observations Draw Attention

Coffindaffer, a retired FBI agent known for her commentary on true-crime cases, has been vocal about the Nancy Guthrie mystery for weeks. She previously called online targeting of Cioni “absurd” and attributed part of it to confirmation bias and how he “looks the part” in armchair detective theories. Her latest post about the missing teacher listing has amplified those discussions, with many users speculating about why Cioni might no longer be listed.

School officials have not commented publicly on Cioni’s employment status. Neighbors reportedly told amateur investigators that Annie and Tommaso have not been seen at their home for over a week, with their vehicle also absent, though these claims remain unconfirmed by law enforcement.

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Coffindaffer emphasized the human cost. “Millions remain convinced he abducted his mother-in-law of 20 years,” she wrote, suggesting possible impacts on reputation, employment and family life. She raised the prospect of future defamation actions if the couple proves innocent, citing Arizona law on proving falsehoods and resulting harm.

Family Cleared but Scrutiny Endures

Pima County Sheriff Chris Nanos and deputies have repeatedly stated that Annie and Tommaso passed scrutiny early in the investigation. Polygraphs, vehicle seizures for forensic testing and interviews cleared them. Early media reports labeling Cioni a “prime suspect” based on unnamed sources were swiftly walked back.

Despite official clearances, public fixation lingers. Cioni’s Italian heritage, appearance and role as the last confirmed person to see Nancy have made him a lightning rod for online speculation. Coffindaffer has called such targeting unfair, noting the couple’s low profile may reflect trauma and strategic caution rather than guilt.

Savannah Guthrie has described her sister and brother-in-law as loving family members devastated by the loss. In a recent Mother’s Day tribute, she pleaded for answers while sharing warm memories of her mother.

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Investigation Timeline and Challenges

Nancy was last seen around 9:50 p.m. on January 31 after Cioni verified she entered her home safely. Her phone, belongings and vehicle remained at the residence. Deputies found blood drops and evidence of disturbance when family members checked the next morning.

A masked individual on doorbell footage became a person of interest, though no arrests have followed. DNA evidence has been sent for analysis. Critics have questioned the sheriff’s office handling, including initial delays in involving the FBI.

As the case passed the 100-day mark, experts noted the shift from rescue to potential recovery mission. No proof of life has emerged since the night she disappeared. Sheriff Nanos expressed confidence that answers will come.

Broader Context and Public Fascination

The case has drawn widespread attention, from true-crime podcasts to celebrity commentary. Khloé Kardashian recently called it “mind-blowing” on her podcast, expressing obsession with the lack of leads. Online communities dissect every detail, from alleged home surveys before the disappearance to Cioni’s past activities.

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Cioni, who moved from Tuscany to the U.S. over two decades ago, married Annie in 2008. He built a reputation as an engaging educator known for hands-on projects. Annie teaches poetry at the University of Arizona. The couple has a son navigating the intense spotlight.

Coffindaffer highlighted the human toll. Public ridicule, job uncertainties and strain on their child represent significant damages if the family pursues legal recourse against false accusations.

What Lies Ahead

Investigators continue analyzing forensic evidence, pursuing tips and monitoring digital trails. The $1 million family reward remains active.

For the Guthrie family, the wait stretches on amid grief and speculation. As one former agent observed, the couple’s low profile may reflect trauma rather than guilt.

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Pima County officials urge the public to focus on verified facts while submitting credible tips. The mystery of Nancy Guthrie’s fate — and the collateral questions surrounding her son-in-law’s job and the family’s whereabouts — endures as a stark reminder of how a single night can upend lives and fuel endless online inquiry.

Authorities emphasize that while public interest is understandable, baseless accusations can hinder investigations and harm innocents. As day 105 dawns with no resolution, the search for truth continues in Tucson and beyond.

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