Monthly archives: May, 2026

LIV Golf Loses Saudi Lifeline: $5B Golf Gambit Collapses as PGA Tour Holds the Line

LIV Golf Loses Saudi Lifeline: $5B Golf Gambit Collapses as PGA Tour Holds the Line

Key Takeaways What Happened? After several weeks widely described as being on “life support,” LIV Golf has lost the financial backing of Saudi Arabia’s Public Investment Fund, marking the effective end of the upstart league’s current model. The Wall Street Journal reported that PIF will no longer fund the Saudi‑backed golf tour after the 2026 season, leaving organizers scrambling …

Cboe Global Markets, Inc Q1 2026 Earnings: Delivered Record Q1 2026 Net Revenue of $728.9 Million

Cboe Global Markets, Inc Q1 2026 Earnings: Delivered Record Q1 2026 Net Revenue of $728.9 Million

Quick Verdict: Cboe delivered record Q1 2026 net revenue of $728.9 million, up 29% year over year, with diluted EPS surging 54% to $3.66 and adjusted EPS up 48% to $3.70, beating estimates by about 10%. Broad strength across Options, cash equities, global FX and Data Vantage plus a raised 2026 growth outlook offset concerns around a planned ~20% workforce reduction under its strategic …