Hello, everyone, and good evening. I’m C.J, Head of Investor Relations at Strategy. It’s an honor to kick off Strategy’s First quarter 2026 earnings webinar. I’ll be your moderator today. We will start the call with a 60-minute presentation, starting with Andrew Kang, followed by Phong Le and then Michael Saylor. This will be followed by a 30-minute interactive Q&A session with 4 Wall Street equity analysts and 4 Bitcoin analysts.
Before we proceed, I will read the safe harbor statement. Some of the information we provide in the presentation regarding our future expectations, plans and prospects may constitute forward-looking statements. Actual results may differ materially from these forward-looking statements due to various important factors, including fluctuations in price of Bitcoin and the risk factors discussed under the caption, Risk Factors in Strategy’s annual report on Form 10-K filed with the SEC on February 19, 2026, and the risks described in other filings that Strategy may make with the SEC. We assume no obligation to update these forward-looking statements, which speak only as of today.
With that, I will turn the call over to Andrew Kang, the CFO of Strategy.
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Andrew Kang Executive VP & CFO
Thank you, C.J. First off, I’d like to officially welcome C.J. joining to his new role as Strategy’s Head of Investor Relations. I also want to take a moment to thank Shirish Jajodia, our Corporate Treasurer, for helping establish and lead our IR function for the last
DUBAI — Dubai International Airport (DXB), one of the world’s busiest aviation hubs, is operating normally today, May 9, 2026, with full flight schedules resuming after months of restrictions caused by regional geopolitical tensions. Passengers can expect standard operations across terminals, though travelers are advised to check with airlines for any last-minute changes following the gradual reopening of UAE airspace.
Dubai International Airport
The airport handled millions of passengers during the restricted period and is now scaling up to pre-crisis capacity. Dubai Airports CEO Paul Griffiths confirmed that the hub is “fully open and ready for strong demand recovery” as restrictions lifted earlier this month. Both Dubai International (DXB) and Al Maktoum International (DWC) are functioning without the previous daily flight caps imposed on foreign carriers.
Emirates, flydubai and other airlines have rapidly restored routes, with many international carriers resuming normal frequencies. Live flight trackers show hundreds of arrivals and departures scheduled throughout the day, including major long-haul services to Europe, Asia and North America. However, some residual delays may occur as the system returns to full rhythm after weeks of limited operations.
The reopening marks a significant milestone after airspace restrictions that began in late February due to regional conflict. During the disruption period, DXB operated at reduced capacity, capping foreign carriers at one round-trip per day. The airport still managed more than 6 million passenger journeys, 32,000 aircraft movements and 213,000 tonnes of cargo despite the challenges.
Travelers arriving today should expect standard security and immigration procedures. Dubai Duty Free and other retail outlets are fully operational, offering the usual wide selection of luxury goods, electronics and local products. Lounges, hotels and ground transportation services at the airport are running smoothly, providing seamless connectivity for transit passengers.
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Travel Advisory and Practical Information
Dubai Airports recommends passengers arrive at least three hours before international flights to account for any residual processing delays. Those with connecting flights should monitor gate information closely, as some schedule adjustments may still be in effect. Real-time flight status is available on the official Dubai Airports website and mobile app.
Weather conditions in Dubai today are typical for May — hot and clear with temperatures reaching the mid-30s Celsius. No major weather-related disruptions are expected. Passengers are reminded to stay hydrated and use sun protection when moving between terminals or ground transport.
The airport’s multi-terminal layout continues to offer excellent facilities. Terminal 3 remains the main hub for Emirates, while Terminal 1 and Terminal 2 handle other international and regional carriers. Free Wi-Fi, prayer rooms, medical services, and children’s play areas are all fully operational.
Economic Significance of Full Reopening
The full reopening of DXB is a major boost for Dubai’s economy and global connectivity. As a key aviation hub, the airport supports hundreds of thousands of jobs and contributes significantly to the UAE’s GDP through tourism, trade and business travel. The swift return to normal operations demonstrates the resilience of Dubai’s aviation sector following regional challenges.
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Emirates, the flagship carrier, has restored the majority of its network, with over 137 destinations now served. flydubai and other low-cost carriers have also ramped up operations, improving affordability for regional travel. Cargo operations have returned to full strength, supporting global supply chains that rely on Dubai as a major logistics center.
Passenger Experiences and Tips
Travelers arriving today report smooth processes overall, though some note longer queues at immigration during peak hours. First-time visitors are advised to download the Dubai Airports app for real-time information and to use the airport’s efficient train system for moving between terminals.
For those in transit, DXB offers excellent amenities including luxury lounges, sleeping pods, spas and diverse dining options ranging from quick bites to fine dining. The airport’s art installations and cultural exhibits provide engaging distractions during layovers.
Business travelers can access dedicated lounges with high-speed internet, meeting rooms and productivity tools. Families benefit from dedicated nursing rooms, play areas and stroller services. Accessibility features for passengers with reduced mobility remain fully available.
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Looking Ahead for Dubai Aviation
Dubai Airports is preparing for strong summer demand as travel restrictions ease globally. The hub aims to handle record passenger numbers in the coming months, supported by infrastructure upgrades and expanded airline partnerships. Al Maktoum International Airport (DWC) continues to grow as a complementary facility for cargo and future passenger operations.
The full reopening of DXB reinforces Dubai’s position as a global aviation leader and preferred transit hub. With modern facilities, efficient operations and a strategic location, the airport continues to set standards for passenger experience in the industry.
For anyone traveling through or to Dubai today, the airport is fully open and ready to welcome passengers. Checking flight status directly with airlines and allowing extra time for processing remains the best practice during this recovery phase. As operations normalize, DXB once again stands ready to connect the world through one of its most important gateways.
The smooth resumption of full services highlights the professionalism and preparedness of Dubai’s aviation sector. Passengers can expect the usual high standards of service, safety and hospitality that have made Dubai International Airport a favorite among global travelers for years.
TUCSON, Ariz. — Pima County Sheriff Chris Nanos said Thursday that investigators are “closer than ever” to solving the abduction of 84-year-old Nancy Guthrie, offering the most optimistic public statement yet in a case that has gripped the nation since the mother of NBC “Today” show co-anchor Savannah Guthrie vanished from her Catalina Foothills home on February 1.
Speaking at a brief media briefing, Nanos revealed that advanced forensic testing on evidence collected from the home has produced promising leads, and that new tips in recent days have narrowed the focus on a possible suspect. While he declined to provide specifics, citing the active nature of the investigation, the sheriff emphasized that the case remains a top priority and that his team is working around the clock with the FBI. “We are closer,” Nanos said. “We are making real progress.”
The statement marks a notable shift in tone after months of limited public updates. Nancy Guthrie disappeared from her secure residence in broad daylight. Security footage captured a masked individual near her door. Blood evidence, a disabled Ring camera, propped-open doors and signs of a struggle led authorities to classify the incident as an abduction rather than a voluntary departure or wandering case. No ransom demand has been made public, and no arrests have been announced.
Savannah Guthrie has balanced public pleas for information with her professional duties. In a recent appearance on the “Today” show, she expressed gratitude for the continued efforts of law enforcement and the public. “Every day without answers is hard,” she said, “but we hold onto hope.” The family has offered a $1 million reward for information leading to Nancy’s safe return or the arrest of those responsible.
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Recent Developments Fuel Optimism
Forensic experts have been analyzing a rootless hair sample and potential glove DNA recovered from the home. These items were sent to the FBI laboratory in Quantico for advanced testing, including genetic genealogy. Sources familiar with the investigation say preliminary results have generated new investigative avenues that were not available in the early weeks of the case.
The unrelated discovery of ancient human bones near the home earlier this week briefly raised hopes before forensic analysis ruled them out. That incident, while disappointing, demonstrated the thoroughness of search efforts in the desert terrain surrounding the Catalina Foothills neighborhood.
Behavioral profilers have suggested the perpetrator may have sought attention or had some personal connection to the victim. The brazen nature of the crime in an upscale, gated community has puzzled investigators from the start. Some experts believe it may have begun as a burglary that escalated, while others have raised the possibility of targeted retribution.
Community and National Attention
The case has drawn intense national coverage, largely due to Savannah Guthrie’s prominent role on morning television. Yellow ribbons — a symbol of hope — remain tied to trees and lampposts throughout the Catalina Foothills area. Neighbors continue to hold informal vigils and share information through community groups.
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Elizabeth Smart, the abduction survivor who was held captive for nine months in 2002, has publicly expressed support for the Guthrie family. “I absolutely believe Nancy could still be alive,” Smart said in a recent interview. She has offered private counsel to the family and continues advocating for improved missing persons protocols, particularly for elderly victims.
The emotional toll on the Guthrie family has been evident. Savannah briefly stepped away from the “Today” show earlier this week amid the strain but returned the following day. She has worn yellow during several appearances, turning a personal symbol of hope into a quiet public statement.
Investigation Challenges
The case has occasionally exposed tensions between local and federal agencies. FBI Director Kash Patel publicly criticized early coordination, though officials now describe joint efforts as productive. Hundreds of law enforcement personnel have been involved at various stages, with resources dedicated to surveillance review, canvassing and tip-line management.
Multiple ransom-style notes received by media outlets have complicated the investigation. Experts have questioned their authenticity, suggesting some may be hoaxes intended to insert the sender into the spotlight. No credible proof of life has emerged in more than 95 days, yet authorities continue to operate under the assumption that Nancy could still be found alive.
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What Comes Next
Sheriff Nanos said the investigation will remain active “until we have answers.” Forensic testing is expected to continue yielding results in the coming weeks. Additional searches using advanced technology are planned in areas of interest identified through new tips.
For the Guthrie family, each update brings a mix of renewed hope and painful uncertainty. They continue to balance public advocacy with private moments of reflection. Friends and former colleagues have rallied around them, with “Today” show personalities offering visible support both on air and behind the scenes.
The disappearance of Nancy Guthrie has highlighted vulnerabilities even in protected communities and the enduring power of hope in the face of uncertainty. Whether the case ends in a joyful reunion or brings closure through other means, it has already left an indelible mark on those following the story — a testament to one family’s resilience and a community’s determination to bring answers home.
As investigators push forward with new technology and renewed focus, the sheriff’s message of being “closer” offers a rare note of optimism in a case that has tested the limits of patience and perseverance. For now, the search continues, supported by a survivor’s empathy, a family’s strength, and a community’s resolve.
Bouygues SA (BOUYY) Q1 2026 Earnings Call May 7, 2026 3:00 AM EDT
Company Participants
Frederique Delavaud Stéphane Stoll – Senior VP & CFO Christian Lecoq – Deputy General Manager of Finance and Purchasing
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Conference Call Participants
Mathieu Robilliard – Barclays Bank PLC, Research Division Akhil Dattani – JPMorgan Chase & Co, Research Division Eric Ravary – CIC CIB, Research Division Rohit Modi – Citigroup Inc., Research Division Mollie Witcombe – Goldman Sachs Group, Inc., Research Division Sven Edelfelt – ODDO BHF Corporate & Markets, Research Division Abhilash Mohapatra – BNP Paribas, Research Division
Presentation
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Operator
Hello, and welcome to the Group Bouygues Q1 2026 Results Call. [Operator Instructions]
Now I will hand the conference over to Frederique Delavaud, Head of Investor Relations. Please go ahead.
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Frederique Delavaud
Thank you very much. Good morning, everyone, and thank you for joining us for the presentation of Bouygues’ First Quarter 2026 results. This presentation will be led by Stephane Stoll, Senior Vice President and CFO of Bouygues Group. Stephane Stoll is accompanied by Christian Lecoq, CFO of Bouygues Telecom. Following their presentation, they will be answering your questions.
Stephane, I’ll now give you the floor.
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Stéphane Stoll Senior VP & CFO
Thank you, Frederique. Good morning, everyone, and thank you for attending. Before listening our highlights, I would like to point out that, obviously, the global macroeconomic and geopolitical environment has remained during the first quarter, very uncertain and very volatile. And as always, Q1 results in our group are not indicative of first half of the year and fiscal year results due to usual seasonality, especially at Colas. That being said, I’m pleased to say that Q1 group results were quite solid. Therefore, we are in a position to confirm the group outlook for 2026.
Entering details, group sales were down 3.2% year-on-year. Half of the decrease being attributed
KUWAIT CITY — Kuwait International Airport is operating at near-full capacity today, May 9, 2026, with hundreds of commercial flights arriving and departing after a phased reopening that began in late April. The hub, which had been severely restricted due to regional conflict and infrastructure damage from earlier drone strikes, is now welcoming international passengers with expanded schedules across multiple terminals, marking a significant step toward normalcy in Kuwait’s aviation sector.
Kuwait International Airport
Dubai Airports and regional aviation authorities confirmed that Terminal 4 and Terminal 5 are fully active for Kuwait Airways and Jazeera Airways, while Terminal 1 and other facilities have resumed limited but growing operations. Live flight trackers show dozens of arrivals and departures scheduled throughout the day, including key routes to London, Istanbul, Mumbai, Cairo, Manila and other major destinations. Ground staff report smooth processing at immigration and security checkpoints, though some travelers may still experience minor delays as the airport ramps up to pre-crisis levels.
The gradual return to normal operations follows months of disruption caused by the broader regional tensions that began in late February. Kuwait International Airport was hit by multiple drone attacks targeting terminals and fuel storage facilities, forcing authorities to limit commercial flights and prioritize safety. The airspace was officially reopened on April 24, with commercial services resuming on a limited basis from April 26.
Kuwait Directorate General of Civil Aviation (DGCA) stated that the airport is now handling a significant portion of its pre-crisis traffic, with plans to reach full capacity in the coming weeks. “We are pleased to see the progressive return of international connectivity,” a DGCA spokesperson said. “Safety remains our top priority as we restore services step by step.”
Passenger Experience and Practical Information
Travelers arriving at Kuwait International Airport today report relatively smooth processes, though some note longer queues during peak hours as staff adjust to increased volumes. First-time visitors are advised to allow extra time for immigration and customs clearance. The airport’s modern facilities, including duty-free shops, lounges, restaurants and prayer rooms, are fully operational, providing the usual high standards of service that have made Kuwait a key transit hub in the region.
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Free Wi-Fi, medical services, children’s play areas and accessibility support for passengers with reduced mobility are all available. Ground transportation options, including taxis, rideshares and bus services to downtown Kuwait City, are running on regular schedules. Hotels connected to the airport, such as the JW Marriott and others, report high occupancy as business and leisure travel rebounds.
Weather conditions in Kuwait today are typical for May — hot and clear with temperatures in the mid-30s Celsius. No major weather-related disruptions are expected. Passengers are reminded to stay hydrated and use appropriate sun protection when moving between terminals or waiting for ground transport.
Economic and Regional Significance
The full reopening of Kuwait International Airport is a major boost for the country’s economy and its role as a regional aviation and logistics center. The airport supports thousands of jobs and contributes significantly to Kuwait’s GDP through tourism, trade and business connectivity. Its recovery is seen as a positive signal for broader economic stabilization in the Gulf following months of uncertainty.
Kuwait Airways has resumed operations to 17 key destinations, including London, Istanbul, Mumbai, Cairo and Manila. Jazeera Airways and other carriers have also increased frequencies, improving affordability and options for travelers. Cargo operations have returned to near-normal levels, supporting global supply chains that rely on Kuwait as an important logistics node.
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Travel Advisory for Passengers
The DGCA and airport authorities recommend the following for travelers today:
Check flight status directly with your airline before heading to the airport.
Arrive at least three hours before international flights to account for any residual processing delays.
Download the official Kuwait Airport app for real-time information and updates.
Have all necessary travel documents, including visas and health certificates if required, ready for inspection.
Be aware of potential minor delays as the system returns to full rhythm after the restricted period.
For transit passengers, the airport offers excellent amenities including luxury lounges, sleeping pods, spas and diverse dining options. Business travelers can access dedicated facilities with high-speed internet and meeting rooms. Families benefit from dedicated nursing rooms and play areas.
Looking Ahead for Kuwait Aviation
Kuwait International Airport is preparing for strong summer demand as regional travel restrictions continue to ease. The hub aims to handle record passenger numbers in the coming months, supported by infrastructure repairs and expanded airline partnerships. Plans for long-term expansion, including upgrades to Terminal 2, remain on track once full stability is achieved.
The swift recovery of operations demonstrates the professionalism and resilience of Kuwait’s aviation sector. As one of the region’s important gateways, the airport continues to play a vital role in connecting Kuwait with the world and supporting economic growth.
For anyone traveling through or to Kuwait today, the airport is open and ready to welcome passengers with its signature blend of efficiency, hospitality and modern facilities. While some adjustments are still underway, the overall experience is returning to the high standards travelers have come to expect from this key Middle Eastern hub.
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The reopening of Kuwait International Airport marks an important milestone in the country’s return to normalcy after a challenging period. As flights resume and passenger numbers grow, the airport once again stands ready to connect people, cultures and economies across the globe.
Robert Orr Gordon M. Peters – VP, Associate General Counsel & Corporate Secretary David Harney – President, CEO & Director
Presentation
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Robert Orr
Good morning. Welcome, everyone. [Foreign Language]
The Manitoba offices of both Great-West and Canada Life are located in Winnipeg. [Foreign Language]
[indiscernible] meeting and go through the procedure. [Foreign Language]
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So we’re holding our annual meeting in hybrid format. So that provides… [Foreign Language]
Board believes that she’ll bring great experience. And as a result, we’re moving the Board to 20 people. And with that as well, the women will represent 35% of the directors on the board with Sally joining the Board. So very pleased about that. Are there any questions or comments from anyone attending today? Gord, any questions online?
Gordon M. Peters VP, Associate General Counsel & Corporate Secretary
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Thank you, Mr. Chair. No, there are not.
Robert Orr
Okay. Then we’ll proceed to a vote. The Board of Directors and management are recommending, voting for the amendment to Great-West articles. The motion must be approved by at least 2/3 of the vote cast and only Great-West common shareholders or first preferred shareholders or their proxy holders may vote. I should note that while Canada Life policyholders who are attending online will see voting options on their screen, only votes from Great-West Life shareholders or their proxy holders will be counted. If you’ve not already done so, please vote now.
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For those attending online, please select a voting option on the voting panel displayed on your screen. And for those who are here in person, please use your Great-West Life ballots And vote by placing an X in the appropriate box in the section entitled, Amend the Articles
| Revenue of $495.40M (53.20% Y/Y) misses by $12.49M
Inter & Co, Inc. (INTR) Q1 2026 Earnings Call May 7, 2026 11:00 AM EDT
Company Participants
Rafaela Vitória João Vitor Nazareth Teixeira de Souza – Global Chief Executive Officer Alexandre De Oliveira – Chief Executive Officer of Brazil Santiago Stel – Senior VP of Finance & Risks and CFO
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Conference Call Participants
Gustavo Schroden – Citigroup Inc., Research Division Ricardo Buchpiguel – Banco BTG Pactual S.A., Research Division Daer Labarta – Goldman Sachs Group, Inc., Research Division Mario Pierry – BofA Securities, Research Division Pedro Leduc – Itaú Corretora de Valores S.A., Research Division Yuri Fernandes – JPMorgan Chase & Co, Research Division
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Presentation
Rafaela Vitória
Hi, everyone. I’m Rafaela Vitoria, IR Officer at Inter, and I would like to welcome all to Inter & Co’s First Quarter 2026 Earnings Conference Call. [Operator Instructions] that the conference is being recorded. A replay will be available at the company’s IR website.
With me today are João Vitor Menin, our Global CEO; Alexandre Riccio, our Brazil CEO; and Santiago Stel, our CFO. To start with the CEO overview, I would like to invite João. João, please go ahead.
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João Vitor Nazareth Teixeira de Souza Global Chief Executive Officer
Thank you for joining us today to discuss our first quarter results for 2026. As you can see, we had a strong start of the year, and our first Q results reaffirm our path to sustainable and profitable growth. We have a strong momentum across several metrics.
Some examples are our gross loan portfolio scaled to more than BRL 50 billion. Our structural profitability is taking shape. Our net income reached almost BRL 400 million on first Q and on a run rate of BRL 1.6 billion on a year base, more than BRL 1.7 trillion in run rate for the TPV on this first quarter. Xandre and Santi will join me later
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