The UAE left OPEC and OPEC+ on May 1. Will this decision provoke the exodus of other countries from the organizations and who will fight for their preservation? Alexey Golubovich, analyst at Arbat Capital Advisory Services Limited (UK), analyzed the consequences of this decision for the association of oil exporting countries and the oil market.

What will happen to OPEC and oil prices after the UAE leaves the association

Meta Platforms, Inc.

Apple Inc.

Reddit, Inc.

Tesla, Inc.

The July Brent contract rose 0.6% to $111 a barrel. Apple and Reddit reported better than expected and gave strong forecasts, while Tesla disclosed more than $570 million in revenue from deals with other Elon Musk companies. On these and other topics - in our review of key events for the morning of May 1.

Highlights for the morning: oil rises, Apple beats forecasts, Reddit surges in profits

On Ma 18 Uzbekistan is putting on the stock exchanges in London (LSE) and Tashkent a national investment fund (UzNIF) with an asset value of <a href="https://franklintempletonprod.widen.net/content/teoudrwn5h/pdf/Registration-Document-En-gb.pdf">about $2.4 billion</a>. The placement could be part of a large-scale privatization and a test of the country's attractiveness to international capital.

Restarting Uzbekistan: which companies are going IPO and whether to buy them

The country wants to attract wealthy individuals, including those from the UAE and the UK

Turkey has offered tax incentives for individuals and businesses for 20 years. Which are the most important ones

Microsoft Corporation

Amazon.com, Inc.

Alphabet Inc.

SoftBank Corp.

Samsung Electronics Co., Ltd.

L3Harris Technologies, Inc.

Alphabet was the winner in the cloud segment out of the four "Magnificent Seven" companies that reported at the same time. The U.S. Federal Reserve did not change its key rate amid steady inflation. The price of Brent crude oil broke through the $126 per barrel mark amid reports that the U.S. military is preparing options for action against Iran. About these and other topics - in our review of key events for the morning of April 30.

Highlights for the morning: Alphabet in the lead, Samsung's profits up 8x, $100 billion IPO

Housing prices in Dubai have<a href="https://oninvest.com/article/ceny-na-zil-e-v-dubae-snizilis-na-fone-vojny-vpervye-s-2020-goda"> gone down</a> for the first time since 2020. Bloomberg<a href="https://www.bloomberg.com/news/articles/2026-04-23/dubai-home-prices-post-first-declines-after-post-pandemic-boom"> attributes the</a> March drawdown to the pressure of the war on demand, but bank reports show that the market began to lose momentum even before the conflict. UBS points to a decline in new construction contracts, primarily due to the risk of oversupply in Dubai.<b> Bank of </b>America (BofA) against this background revised its forecasts for UAE banks: analysts expect weaker loan growth and higher risk costs.

What is happening in Dubai's real estate market and how does it affect UAE banks?

Three young Chinese men founded a startup that, just 8 months after launching in March 2025, was bought by Meta for about $2 billion. A success story? Not exactly. On April 27, two days before Meta's quarterly earnings release, China said it was <a href="https://zfxxgk.ndrc.gov.cn/web/iteminfo.jsp?id=20623">banning</a> the deal for Mark Zuckerberg's company to buy popular AI agent Manus. Roman Kutuzov analyzes why the Chinese authorities won't give up this AI agent?

AI agent of special significance: why China banned Meta and Manus' $2 billion deal

iShares 20+ Year Treasury Bond ETF

Figma

The events of 2026 have shown that investors should no longer blindly rely on the protective features of traditional instruments 

Why traditional protective assets also carry risk  

Data

Hertz Global Holdings, Inc.

Uber Technologies, Inc.

Shares of Hertz Global Holdings, one of the world’s largest car-rental companies, surged nearly 14% on Thursday after the "<a href="https://www.wsj.com/articles/hertz-the-original-meme-stock-rewards-its-true-believers-11621354091">original meme stock</a>" announced a robotaxi <a href="https://newsroom.hertz.com/press-releases/press-release-details/hertz-and-uber-partner-to-power-autonomous-robotaxi-and-driver-led-fleet-operations/">partnership</a>&nbsp;with Uber Technologies.

Meme stock Hertz rallies almost 14% on robotaxi partnership with Uber 

Novo Nordisk A/S

Hemab Therapeutics

Shares of biotech Hemab Therapeutics, founded by former Novo Nordisk executives, are now available for early trading on the Freedom client trading platform. The company’s lead asset, sutacimig, is being developed for rare blood-clotting disorders. Later on Friday, the stock will debut on the Nasdaq during the regular session under the ticker symbol <a href="https://tap.freedom24.com/to/quote/COAG.US?utm_source=stocks&amp;utm_medium=COAG.US&amp;utm_campaign=pfu17521958">COAG</a>.

Hemab IPO: Novo-backed blood disorder biotech debuts on the Nasdaq

KalVista Pharmaceuticals, Inc.

Shares of rare disease small cap developer KalVista Pharmaceuticals <a href="https://finance.yahoo.com/quote/KALV/">surged</a>&nbsp;almost 40% on Wednesday to their highest level since mid-2021 after the biotech <a href="https://ir.kalvista.com/news-releases/news-release-details/chiesi-group-acquire-kalvista-pharmaceuticals-expanding-its">said</a>&nbsp;it would be acquired at a premium by Italian drugmaker Chiesi Group. M&amp;A activity in the rare disease space continues to accelerate, and investors should watch the sector closely for new opportunities, <a href="https://www.channelchek.com/news-channel/chiesi-drops-1-9-billion-to-snag-kalvista-and-the-first-oral-hae-treatment-on-the-market">writes</a>&nbsp;Noble Capital Markets.

Small-cap biotech KalVista to be acquired by Italy's Chiesi; stock hits 5-year high

First Trust Small Cap Value AlphaDEX Fund

Avantis U.S. Small Cap Value ETF

Avantis U.S. Small Cap Equity ETF

Dimensional US Small Cap Value ETF

APA Corporation

iShares MSCI ACWI ex U.S. ETF

Kosmos Energy Ltd.

The escalating conflict in the Middle East has <a href="https://en.oninvest.com/article/middle-east-oil-supply-disruption-surpasses-losses-from-1970s-crises-iea">triggered</a>&nbsp;the largest disruption to oil supplies in the history of the global market. Against that backdrop, oil prices have remained&nbsp;near $100 per barrel, while the energy sector in the S&amp;P 500 <a href="https://finance.yahoo.com/sectors/energy/articles/energy-stocks-surged-38-q1-200000694.html">gained</a>&nbsp;about 38% in the first quarter even as the broader index <a href="https://www.fool.com/investing/2026/03/25/the-sp-500-is-on-track-to-finish-q1-in-negative-te/#:~:text=S%26P%20500%20slid%20roughly%204.6%25%20in%20the%20first%20quarter.">fell</a>&nbsp;4.6%.

Small-cap ETFs in 1Q26: Who managed to gain from the energy shock?

Organon & Co.

Shares of Organon, the mid-cap maker of women’s health drugs, surged nearly 17% on Monday to mark a one-year high. The company <a href="https://s27.q4cdn.com/703211477/files/doc_news/Organon-s-11-75Bn-Sale-to-Sun-Pharma-04-26-2026-v34.pdf">announced</a>&nbsp;it will be acquired at a premium by India’s Sun Pharmaceutical Industries.

Mid-cap biotech Organon to be acquired by Sun Pharma; shares soar to one-year high

Small Caps

GameStop Corp.

EBAY INC EBAY ORD

Berkshire Hathaway Inc.

Major purchases could bring GameStop closer to Warren Buffett's Berkshire, said investor Michael Burry

Shares of GameStop, known for its meme rally, jumped after news of interest in eBay

Hyundai Motor Company

The owner of Instagram and Facebook is investing heavily in humanoid robots

Meta has bought a startup that creates AI for robots. Will it compete with Tesla?

The S&amp;P 500 and Nasdaq Composite set records for point gains in those five weeks

US stocks rise for fifth straight week: their longest rally in 1.5 years

NVIDIA Corporation

The U.S. Defense Department <a href="https://www.war.gov/News/Releases/Release/Article/4475177/classified-networks-ai-agreements/">has entered into</a> agreements with seven artificial intelligence companies to deploy their advanced technologies on its classified networks. The Pentagon is seeking to expand the range of AI vendors working with the US military, Reuters <a href="https://www.reuters.com/business/retail-consumer/pentagon-reaches-agreements-with-leading-ai-companies-2026-05-01/">explains</a>. At the same time, it continues to ignore one of the leaders in the AI field - the startup Anthropic.

The Pentagon has signed AI contracts with Nvidia, Microsoft and Amazon - but not Anthropic

Exxon Mobil Corporation

Chevron Corporation

US oil majors Exxon Mobil and Chevron have reported a sharp fall in profits for the first quarter of 2026 compared to the same period last year - even as oil prices soared to multi-year highs after the US and Israel's war with Iran began.

Review