- Manulife Releases 2025 Sustainability Report and Public Accountability Statement
May 13, 2026 · prnewswire.com
Report shares firm's continued progress toward generating long-term value for its business, customers, communities, colleagues, and shareholders C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 13, 2026 /PRNewswire/ - Manulife today released its 2025 Sustainability Report and its 2025 Public Accountability Statement, detailing its approach, performance, and achievements relative to its sustainability strategy. Highlights from the firm's 2025 Sustainability Report that support Manulife's Impact Agenda to empower health and well-being, support financial resilience, and contribute to a healthier planet include the followingi: Launched the Manulife Longevity Institute to advance research, thought leadership, innovation, advocacy, and community partnerships focused on longevity, committing $350 million through 2030 to help people live longer, healthier, and more financially secure lives.
- MANULIFE RELEASES 2025 SUSTAINABILITY REPORT AND PUBLIC ACCOUNTABILITY STATEMENT
May 13, 2026
REPORT SHARES FIRM'S CONTINUED PROGRESS TOWARD GENERATING LONG-TERM VALUE FOR ITS BUSINESS, CUSTOMERS, COMMUNITIES, COLLEAGUES, AND SHAREHOLDERS C$ UNLESS OTHERWISE STATED TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, MAY 13, 2026 /PRNEWSWIRE/ - MANULIFE TODAY RELEASED ITS 2025 SUSTAINABILITY REPORT AND ITS 2025 PUBLIC ACCOUNTABILITY STATEMENT, DETAILING ITS APPROACH, PERFORMANCE, AND ACHIEVEMENTS RELATIVE TO ITS SUSTAINABILITY STRATEGY. HIGHLIGHTS FROM THE FIRM'S 2025 SUSTAINABILITY REPORT THAT SUPPORT MANULIFE'S IMPACT AGENDA TO EMPOWER HEALTH AND WELL-BEING, SUPPORT FINANCIAL RESILIENCE, AND CONTRIBUTE TO A HEALTHIER PLANET INCLUDE THE FOLLOWINGI: LAUNCHED THE MANULIFE LONGEVITY INSTITUTE TO ADVANCE RESEARCH, THOUGHT LEADERSHIP, INNOVATION, ADVOCACY, AND COMMUNITY PARTNERSHIPS FOCUSED ON LONGEVITY, COMMITTING $350 MILLION THROUGH 2030 TO HELP PEOPLE LIVE LONGER, HEALTHIER, AND MORE FINANCIALLY SECURE LIVES.
- AI Mania Makes Old-School Industrials Behave Like Chip Stocks
May 12, 2026
(Bloomberg) -- Optimism surrounding the potential for industrial companies to profit from the artificial intelligence boom has fueled record-setting momentum in the sector. Now worries are mounting that the group’s link to AI may be getting too tight.
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A gauge of 45-day correlation between the S&P 500 Industrials Sector, home to stocks like Deere & Co. and Fastenal Co., and the Philadelphia Stock Exchange Semiconductor Index is sitting at 0.75, near the highest level since June. A reading of 1 means the securities move in lockstep.
Many industrial companies provide the essential physical infrastructure needed to build and operate data centers, making them a second-derivative play for artificial intelligence. That makes the sector, already sensitive to swings in the broader economic cycle, also susceptible to risks of AI demand slowing.
“If AI is the single engine that’s driving both the stock market and the economy, any types of sputtering will end up being a bigger issue for everything,” said Michael O’Rourke, chief market strategist at JonesTrading Institutional Services. “Any weakness that emerges among a key player here should have ramifications throughout everything.”
The near-tandem moves were on display on Monday, when chipmakers like Qualcomm Inc. and Micron Technology Inc. helped lift the S&P 500 Index and industrial firms like power-equipment provider Vertiv Holdings Co. were among the top performers in the benchmark. The dynamic also sets up a test for both tech and industrial stocks when heavyweight Nvidia Corp. reports results next week.
Right now, there are 15 non-tech companies with a combined market capitalization of $2 trillion that are “moving as a derivative of AI capex,” Neil Dutta, head of economic research at Renaissance Macro Research LLC, wrote in a May 7 note to clients. “If the AI cycle ever cools off, the wealth-effect drag on consumption is not going to be confined to the Mag 7.”
Industrials including Vertiv, Eaton Corp., Caterpillar Inc. and even engine maker Cummins Inc. are high on the list. The stocks are more than 60% correlated to the VanEck Semiconductor ETF, data compiled by Renaissance Macro show.
“These are not tech stocks. They trade like semis because their order books have become AI capex order books,” Dutta said, noting that Caterpillar is selling backup generators to data centers, while Vertiv provides cooling and power management equipment.
Story Continues
Indeed, the AI spending boom has reshaped the way that some of the sector’s most-storied names trade. Caterpillar, famous for its yellow backhoes and bulldozers, has surged more than 170% in the past 12 months. Sales to data centers have fueled a 250% rally in Vertiv and a 150% advance in GE Vernova Inc. over the past year.
“These are the picks and shovels and infrastructure behind the AI buildout,” said Emily Roland, co-chief investment strategist at Manulife John Hancock. She said that while the sector has gotten expensive, the “magnitude of the earnings beats” in industrials is outpacing other groups. At the outset of earnings season, she noted analysts had expected to see average earnings growth of 3%, whereas the sector has shown 20%.
Yey the risk is that any material slowdown in AI spending or a simple reversal in momentum in AI stocks will likely spill over into industrials, fueling swings in the sector that’s trading at a valuation premium to the broader S&P 500 that’s been exceeded just briefly this century. Shares of Vertiv and GE Vernova fell 5.4% and 2.8%, respectively, in late April after a report that OpenAI had missed internal targets for revenue and new users.
Philip Straehl, chief investment officer at Morningstar Wealth, wrote on May 7 that the US equity market “has increasingly become a concentrated bet on AI” as earnings growth is tied to AI infrastructure spending. He warned, however, that AI spending is at this point “just a forecast” and some of those spending plans could be trimmed.
“History offers many examples — from railroads to fiber-optic networks — where companies built capacity based on optimistic projections around future adoption,” Straehl said, adding that in those cases, the main beneficiaries were consumers, not investors.
To be sure, industrial stocks are trading in-line with some of their historic norms. After a spike in February helped the S&P 500 Industrials Sector outperform the broader S&P 500 by two standard deviations, the group is now directly in the middle of an expected 100-day breather, data DataTrek Research shows.
Still, the firm does see concentrated outperformance in the stocks participating in the AI buildout. “Industrials have recently enjoyed a renaissance in investor interest as a derivative AI trade, but that has left many leadership names with tech-like valuations but still capital-intensive, manufacturing oriented business models.”
The group has also gotten expensive: For the first time since 2021, industrials in the S&P 500 are trading at a higher forward price-to-earnings multiple than technology companies.
Those lofty valuations further set the group up for a potentially rough landing because the services they are offering are more commoditized than in the tech space, O’Rourke said.
“The industrial names have a larger risk” he said.
--With assistance from Matthew Griffin.
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- Manulife Turns Longevity into Action Through Volunteerism with First‑Ever Global Impact Week
May 11, 2026
Manulife's inaugural global Impact Week brings longevity commitment to life through social connection and purpose-driven community action
Thousands of colleagues mobilized in support of local charities, exemplifying Manulife's strong winning team and culture
TORONTO, BOSTON and HONG KONG, May 11, 2026 /CNW/ - Manulife hosted its inaugural Impact Week, a volunteer initiative designed to strengthen well-being, build social connection, and unite teams through purpose-driven community action.Pragashini Fox, Manulife's Chief People Officer, and colleagues volunteering at Anishnabeg Outreach in Kitchener, On. (CNW Group/Manulife Financial Corporation)
From April 27 to May 1 in North America, and April 27 to May 8 across Asia, colleagues mobilized to support community partners focused on health and well-being, financial resilience, food security, education and additional causes linked to longevity. Manulife offers its 37,000 colleagues an annual paid Volunteer Day benefit, and Impact Week provided a globally-aligned opportunity for colleagues to use that benefit and volunteer together.
"We have a long history of community stewardship at Manulife, and Impact Week reflects our continued commitment to our communities around the world," said Phil Witherington, President and CEO, Manulife. "Strengthening our winning team and culture and empowering health, wealth, and longevity are two of our strategic priorities, and volunteering is a powerful way to advance both, by deepening connection, building belonging, and turning our values into action. I'm proud of Team Manulife this week for getting outside with one another and capturing the scale of our global footprint to make a real difference."
Results and Highlights from Impact Week 2026
During Impact Week:
21,724 volunteer hours were logged globally, with community impact continuing beyond the week 234 volunteer activities were completed across 22 communities
Volunteering: A Longevity Driver
Impact Week reflects Manulife's commitment to longevity, translating insights on connection and purpose into real‑world impact while reinforcing the role volunteering plays in well-being and quality of life. Research shows positive effects of volunteering include:
Longer, healthier lives, including lower blood pressure, improved physical health and reduced mortalityi. Better mental health, with increased purpose and connection and reduced stress, anxiety and depressionii. Stronger cognitive health, including slower cognitive decline and improved social connectioniii.
"Longevity isn't only influenced by physical and financial well-being — it's shaped by how we live and connect," said Karen Leggett, Global Chief Marketing Officer, Manulife. "Volunteering builds purpose, social connection, and resilience — factors linked to longer, healthier lives. Impact Week gives our colleagues the opportunity to serve our communities while also investing in their own longevity."
Story Continues
Manulife Colleagues Driving Global Impact Through Local Action
A hallmark of Impact Week was its flexibility, which helped strengthen connection across teams, bringing colleagues together around shared purpose and reinforcing a culture of inclusion. Alongside curated volunteer opportunities, teams designed their own initiatives through Team Grants, which enabled groups of 10 or more to support non-profit partners with funding and hands‑on effort.
"Impact Week created space for colleagues to have dedicated time to come together and make a difference in their communities," said Pragashini Fox, Chief People Officer, Manulife. "By offering a global Volunteer Day and empowering teams to lead local initiatives, we're strengthening connection, belonging, and a shared sense of purpose across Manulife. When colleagues come together in service, it builds the connections that underpin strong, inclusive teams."
Manulife's Legacy of Community Stewardship
Impact Week continues a long tradition of community involvement at Manulife. Since 1888, when the company donated its first ambulance to help improve community health, Manulife has continued to evolve how it contributes to stronger communities, recognizing that wellbeing includes not only physical health, but also the purpose and connection that come from showing up for others.
Impact Week aligns closely with the work of the Manulife Longevity Institute, a global research, thought leadership, innovation, advocacy, and community investment platform that will help people thrive at every age. Learn more about Manulife's Longevity research and insights at: Manulife.com/longevity.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
About Manulife Longevity Institute
The Manulife Longevity Institute is a global research, thought leadership, innovation, advocacy, and community investment platform to drive action that can help people live longer, healthier, and more financially secure lives. Underpinned by a $350 million signature commitment, its focus is on helping people extend their healthy years, promoting greater financial resilience for all. As a global insurer, retirement plan provider, and asset manager, Manulife is uniquely placed to help lead this change. The Institute's work will support Manulife's Impact Agenda strategy by investing in organizations that are growing the longevity economy, convening research collaborations with leading academic institutions and think tanks, and producing thought leadership to advance awareness and action on the issues impacting populations as they age. The Institute will be known as the John Hancock Longevity Institute in the United States. The actions of the Institute will be guided by a Steering Committee of members of Manulife's Executive and Global Leadership Teams and in partnership with a robust ecosystem of partners and experts who champion longevity across Canada, Asia, and the US. Canada, Asia, and the US.
For more information, please visit Manulife.com/Longevity.
Media contact Manulife: Emily English
emily_english@manulife.ca
647-544-2800
________________________________ iPsychology and Aging: A prospective study of volunteerism and hypertension risk in older adults iiMayo Clinic Health System findings on reduced stress and improved mental health iii Social Science & Medicine: Helping behaviors and cognitive function in later lifeNaveed Irshad, President and CEO, Manulife Canada, and colleagues at Toronto’s Yonge Street Mission (YSM). (CNW Group/Manulife Financial Corporation)Colleague volunteering at a local food bank in Toronto. (CNW Group/Manulife Financial Corporation)Manulife’s President and CEO Phil Witherington joins Toronto middle school students for a conversation about financial literacy. (CNW Group/Manulife Financial Corporation)Manulife’s President and CEO Phil Witherington joins Toronto middle school students for a conversation about financial literacy. (CNW Group/Manulife Financial Corporation)Manulife colleagues in Japan take part in a river clean-up effort. (CNW Group/Manulife Financial Corporation)Colleagues volunteering at the Nova Scotia SPCA in Dartmouth. (CNW Group/Manulife Financial Corporation)John Hancock colleagues supporting Cradles for Crayons in Boston. (CNW Group/Manulife Financial Corporation)Manulife logo (CNW Group/Manulife Financial Corporation)Cision
View original content to download multimedia:https://www.prnewswire.com/news-releases/manulife-turns-longevity-into-action-through-volunteerism-with-firstever-global-impact-week-302767714.htmlCision
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/11/c1266.html
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- Manulife Turns Longevity into Action Through Volunteerism with First‑Ever Global Impact Week
May 11, 2026
Manulife's inaugural global Impact Week brings longevity commitment to life through social connection and purpose-driven community action
Thousands of colleagues mobilized in support of local charities, exemplifying Manulife's strong winning team and culture
TORONTO, BOSTON and HONG KONG, May 11, 2026 /PRNewswire/ -- Manulife hosted its inaugural Impact Week, a volunteer initiative designed to strengthen well-being, build social connection, and unite teams through purpose-driven community action.Pragashini Fox, Manulife's Chief People Officer, and colleagues volunteering at Anishnabeg Outreach in Kitchener, On.
From April 27 to May 1 in North America, and April 27 to May 8 across Asia, colleagues mobilized to support community partners focused on health and well-being, financial resilience, food security, education and additional causes linked to longevity. Manulife offers its 37,000 colleagues an annual paid Volunteer Day benefit, and Impact Week provided a globally-aligned opportunity for colleagues to use that benefit and volunteer together.
"We have a long history of community stewardship at Manulife, and Impact Week reflects our continued commitment to our communities around the world," said Phil Witherington, President and CEO, Manulife. "Strengthening our winning team and culture and empowering health, wealth, and longevity are two of our strategic priorities, and volunteering is a powerful way to advance both, by deepening connection, building belonging, and turning our values into action. I'm proud of Team Manulife this week for getting outside with one another and capturing the scale of our global footprint to make a real difference."
Results and Highlights from Impact Week 2026
During Impact Week:
21,724 volunteer hours were logged globally, with community impact continuing beyond the week 234 volunteer activities were completed across 22 communities
Volunteering: A Longevity Driver
Impact Week reflects Manulife's commitment to longevity, translating insights on connection and purpose into real‑world impact while reinforcing the role volunteering plays in well-being and quality of life. Research shows positive effects of volunteering include:
Longer, healthier lives, including lower blood pressure, improved physical health and reduced mortalityi. Better mental health, with increased purpose and connection and reduced stress, anxiety and depressionii. Stronger cognitive health, including slower cognitive decline and improved social connectioniii.
"Longevity isn't only influenced by physical and financial well-being — it's shaped by how we live and connect," said Karen Leggett, Global Chief Marketing Officer, Manulife. "Volunteering builds purpose, social connection, and resilience — factors linked to longer, healthier lives. Impact Week gives our colleagues the opportunity to serve our communities while also investing in their own longevity."
Story Continues
Manulife Colleagues Driving Global Impact Through Local Action
A hallmark of Impact Week was its flexibility, which helped strengthen connection across teams, bringing colleagues together around shared purpose and reinforcing a culture of inclusion. Alongside curated volunteer opportunities, teams designed their own initiatives through Team Grants, which enabled groups of 10 or more to support non-profit partners with funding and hands‑on effort.
"Impact Week created space for colleagues to have dedicated time to come together and make a difference in their communities," said Pragashini Fox, Chief People Officer, Manulife. "By offering a global Volunteer Day and empowering teams to lead local initiatives, we're strengthening connection, belonging, and a shared sense of purpose across Manulife. When colleagues come together in service, it builds the connections that underpin strong, inclusive teams."
Manulife's Legacy of Community Stewardship
Impact Week continues a long tradition of community involvement at Manulife. Since 1888, when the company donated its first ambulance to help improve community health, Manulife has continued to evolve how it contributes to stronger communities, recognizing that wellbeing includes not only physical health, but also the purpose and connection that come from showing up for others.
Impact Week aligns closely with the work of the Manulife Longevity Institute, a global research, thought leadership, innovation, advocacy, and community investment platform that will help people thrive at every age. Learn more about Manulife's Longevity research and insights at: Manulife.com/longevity.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as 'MFC' on the Toronto, New York, and Philippine stock exchanges, and under '945' on the Hong Kong stock exchange. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
About Manulife Longevity Institute
The Manulife Longevity Institute is a global research, thought leadership, innovation, advocacy, and community investment platform to drive action that can help people live longer, healthier, and more financially secure lives. Underpinned by a $350 million signature commitment, its focus is on helping people extend their healthy years, promoting greater financial resilience for all. As a global insurer, retirement plan provider, and asset manager, Manulife is uniquely placed to help lead this change. The Institute's work will support Manulife's Impact Agenda strategy by investing in organizations that are growing the longevity economy, convening research collaborations with leading academic institutions and think tanks, and producing thought leadership to advance awareness and action on the issues impacting populations as they age. The Institute will be known as the John Hancock Longevity Institute in the United States. The actions of the Institute will be guided by a Steering Committee of members of Manulife's Executive and Global Leadership Teams and in partnership with a robust ecosystem of partners and experts who champion longevity across Canada, Asia, and the US. Canada, Asia, and the US.
For more information, please visit Manulife.com/Longevity.
Media contact Manulife: Emily English
emily_english@manulife.ca
647-544-2800
________________________________ iPsychology and Aging: A prospective study of volunteerism and hypertension risk in older adults iiMayo Clinic Health System findings on reduced stress and improved mental health iii Social Science & Medicine: Helping behaviors and cognitive function in later lifeNaveed Irshad, President and CEO, Manulife Canada, and colleagues at Toronto’s Yonge Street Mission (YSM).Colleague volunteering at a local food bank in Toronto.Manulife’s President and CEO Phil Witherington joins Toronto middle school students for a conversation about financial literacy.Manulife’s President and CEO Phil Witherington joins Toronto middle school students for a conversation about financial literacy.Manulife colleagues in Japan take part in a river clean-up effort.Colleagues volunteering at the Nova Scotia SPCA in Dartmouth.John Hancock colleagues supporting Cradles for Crayons in Boston.Manulife logoCision
View original content:https://www.prnewswire.com/apac/news-releases/manulife-turns-longevity-into-action-through-volunteerism-with-firstever-global-impact-week-302767722.html
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- Earnings live updates: Plug Power, Hims & Hers set to kick off week of quarterly updates
May 11, 2026
The pace of first quarter earnings reports eases this week as economic data takes center stage, but investors will still be on the lookout for results from a handful of big corporations.
So far this earnings season, S&P 500 companies have impressed market watchers by printing profits, even amid ongoing risks from the Iran war, and the index is on track for double-digit earnings growth. Reports from semiconductor companies last week underscored that the artificial intelligence boom remains a key market driver.
Kicking off quarterly results this week will be Constellation Energy Corporation (CEG), Barrick Mining Corporation (B), Hims & Hers Health (HIMS), and Plug Power (PLUG). Also headlining this week are Oklo (OKLO), On Holding AG (ONON), Cisco Systems (CSCO), Alibaba Group (BABA), Applied Materials (AMAT), and Figma (FIG).
LIVE1 update
33 mins ago
Grace O'Donnell
Earnings to watch this week: Oklo, Cisco Systems, Applied Materials, and more
As Yahoo Finance’s Jake Conley and Myles Udland note, the calendar swings back this week from a busy earnings season to key releases of inflation data, as April's Consumer Price Index headlines the week on Tuesday.
But we’ll still have a steady trickle of news from medium-size businesses from all corners of the economy. Here’s a look at the earnings calendar for this week:
Monday: Constellation Energy Corporation (CEG), Barrick Mining Corporation (B), Simon Property Group (SPG), Circle Internet Group (CRCL), Fox Corporation (FOX), AST SpaceMobile (ASTS), Ovinitiv (OVV), Rigetti Computing (RGTI), Hims & Hers Health (HIMS), Plug Power (PLUG), monday.com (MNDY)
Tuesday: Venture Global (VG), Nextpower (NXT), Tencent Music Entertainment Group (TME), Oklo (OKLO), Aramark (ARMK), On Holding AG (ONON)
Wednesday: Cisco Systems (CSCO), Alibaba Group (BABA), Sumitomo Mitsui Financial Group (8316.T), Manulife Financial (MFC), Takeda Pharmaceutical (TAK), Nebius Group (NBIS), Tower Semiconductor (TSEM), Korea Electric Power Corporation (KEP), Dynatrace (DT), Birkenstock (BIRK), USA Rare Earth (USAR)
Thursday: Applied Materials (AMAT), Brookfield Corporation (BN), National Grid (NGG), Nu Holdings (NU), Viking Holdings (VIK), Honda Motor Co. (HMC), Li Auto (LI), Figma (FIG), Forgent Power Solutions (FPS), Dillard’s (DDS), Legence Corp. (LGN), Versant Media Group (VSNT), Klarna Group (KLAR)
Friday: Mizuho Financial Group (MFG), RBC Bearings (RBC), Sigma Lithium Corporation (SGML)
Read more here about what to watch in the week ahead.
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- Manulife Turns Longevity into Action Through Volunteerism with First‑Ever Global Impact Week
May 11, 2026 · prnewswire.com
Manulife's inaugural global Impact Week brings longevity commitment to life through social connection and purpose-driven community action Thousands of colleagues mobilized in support of local charities, exemplifying Manulife's strong winning team and culture TORONTO, BOSTON and HONG KONG, May 11, 2026 /PRNewswire/ - Manulife hosted its inaugural Impact Week, a volunteer initiative designed to strengthen well-being, build social connection, and unite teams through purpose-driven community action. From April 27 to May 1 in North America, and April 27 to May 8 across Asia, colleagues mobilized to support community partners focused on health and well-being, financial resilience, food security, education and additional causes linked to longevity.
- MANULIFE TURNS LONGEVITY INTO ACTION THROUGH VOLUNTEERISM WITH FIRST‑EVER GLOBAL IMPACT WEEK
May 11, 2026
MANULIFE'S INAUGURAL GLOBAL IMPACT WEEK BRINGS LONGEVITY COMMITMENT TO LIFE THROUGH SOCIAL CONNECTION AND PURPOSE-DRIVEN COMMUNITY ACTION THOUSANDS OF COLLEAGUES MOBILIZED IN SUPPORT OF LOCAL CHARITIES, EXEMPLIFYING MANULIFE'S STRONG WINNING TEAM AND CULTURE TORONTO, BOSTON AND HONG KONG, MAY 11, 2026 /PRNEWSWIRE/ - MANULIFE HOSTED ITS INAUGURAL IMPACT WEEK, A VOLUNTEER INITIATIVE DESIGNED TO STRENGTHEN WELL-BEING, BUILD SOCIAL CONNECTION, AND UNITE TEAMS THROUGH PURPOSE-DRIVEN COMMUNITY ACTION. FROM APRIL 27 TO MAY 1 IN NORTH AMERICA, AND APRIL 27 TO MAY 8 ACROSS ASIA, COLLEAGUES MOBILIZED TO SUPPORT COMMUNITY PARTNERS FOCUSED ON HEALTH AND WELL-BEING, FINANCIAL RESILIENCE, FOOD SECURITY, EDUCATION AND ADDITIONAL CAUSES LINKED TO LONGEVITY.
- Earnings week ahead: BABA, CSCO, PLUG, AMAT, JD, and more
May 10, 2026
[Rolled newspaper with the headline Quarterly Results]
Zerbor
As earnings season enters another busy stretch, the upcoming week will bring a diverse mix of reports spanning AI infrastructure, semiconductors, e-commerce, clean energy, crypto, healthcare, and industrial technology.
In technology and AI, investors will closely watch results from Alibaba Group Holding Limited (BABA [https://seekingalpha.com/symbol/BABA]), Cisco Systems (CSCO [https://seekingalpha.com/symbol/CSCO]), Applied Materials (AMAT [https://seekingalpha.com/symbol/AMAT]), Nebius Group (NBIS [https://seekingalpha.com/symbol/NBIS]), Figma (FIG [https://seekingalpha.com/symbol/FIG]), Wix.com (WIX [https://seekingalpha.com/symbol/WIX]), monday.com (MNDY [https://seekingalpha.com/symbol/MNDY]), and quantum-focused names including Rigetti Computing (RGTI [https://seekingalpha.com/symbol/RGTI]), D-Wave Quantum (QBTS [https://seekingalpha.com/symbol/QBTS]), and Quantum Computing (QUBT [https://seekingalpha.com/symbol/QUBT]) for signals around enterprise spending, cloud demand, and the evolving AI ecosystem.
China and emerging-market consumer and fintech trends will also remain in focus through earnings from JD.com (JD [https://seekingalpha.com/symbol/JD]), Sea Limited (SE [https://seekingalpha.com/symbol/SE]), Nu Holdings (NU [https://seekingalpha.com/symbol/NU]), and StoneCo (STNE [https://seekingalpha.com/symbol/STNE]), while digital asset and crypto-market attention may center on Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]), MARA Holdings (MARA [https://seekingalpha.com/symbol/MARA]), and CleanSpark (CLSK [https://seekingalpha.com/symbol/CLSK]).
Energy, mining, and commodity players such as Constellation Energy (CEG [https://seekingalpha.com/symbol/CEG]), Barrick Mining (B [https://seekingalpha.com/symbol/B]), Franco-Nevada (FNV [https://seekingalpha.com/symbol/FNV]), First Majestic Silver (AG [https://seekingalpha.com/symbol/AG]), Mosaic (MOS [https://seekingalpha.com/symbol/MOS]), Ovintiv (OVV [https://seekingalpha.com/symbol/OVV]), Lithium Argentina (LAR [https://seekingalpha.com/symbol/LAR]), and Canadian Solar (CSIQ [https://seekingalpha.com/symbol/CSIQ]) are expected to provide insight into commodity demand, energy markets, and the transition toward cleaner power infrastructure.
Speculative growth and next-generation mobility names including Archer Aviation (ACHR [https://seekingalpha.com/symbol/ACHR]), AST SpaceMobile (ASTS [https://seekingalpha.com/symbol/ASTS]), Virgin Galactic (SPCE [https://seekingalpha.com/symbol/SPCE]), Intuitive Machines (LUNR [https://seekingalpha.com/symbol/LUNR]), Plug Power (PLUG [https://seekingalpha.com/symbol/PLUG]), Blink Charging (BLNK [https://seekingalpha.com/symbol/BLNK]), and Eos Energy Enterprises (EOSE [https://seekingalpha.com/symbol/EOSE]) will offer another read on investor appetite for emerging technologies and long-duration innovation themes.
Meanwhile, healthcare, industrial, infrastructure, and consumer-facing companies such as Hims & Hers Health (HIMS [https://seekingalpha.com/symbol/HIMS]), Halozyme Therapeutics (HALO [https://seekingalpha.com/symbol/HALO]), Siemens Aktiengesellschaft (SIEGY [https://seekingalpha.com/symbol/SIEGY]), Simon Property Group (SPG [https://seekingalpha.com/symbol/SPG]), Under Armour (UAA [https://seekingalpha.com/symbol/UAA]), GoPro (GPRO [https://seekingalpha.com/symbol/GPRO]), and Manulife Financial Corporation (MFC [https://seekingalpha.com/symbol/MFC]) add further breadth across healthcare, manufacturing, consumer, and financial services markets.
With a reporting lineup that spans established global leaders and high-volatility growth names, the week ahead could provide fresh insight into risk appetite, AI monetization, consumer resilience, and the broader direction of global markets heading into the next phase of earnings season.
Below is a rundown of major quarterly updates anticipated for the week of May 11 to May 15:
MONDAY, MAY 11
PLUG POWER (PLUG [https://seekingalpha.com/symbol/PLUG])
Plug Power (PLUG [https://seekingalpha.com/symbol/PLUG]) is set to report Q1 results on Monday after the close, with investors hoping it can extend the momentum from a much-improved Q4 2025.
In Q4, Plug posted its first positive gross margin in years at 2.4%, on revenue of $225.2M, up 17.6% Y/Y. Management also reiterated a long-term profitability roadmap, targeting positive EBITDAS in Q4 2026, positive operating income by the end of 2027, and full profitability by the end of 2028.
Recent asset monetization, including a $132.5M sale to Stream Data Centers as part of a broader liquidity plan, has bolstered investor sentiment.
However, Wall Street is roughly Neutral while Seeking Alpha's Quant Rating System also remains cautious [https://seekingalpha.com/symbol/PLUG/ratings/quant-ratings], citing profitability and valuation.
SA contributor Henrik Alex reiterated a Sell view on Plug Power, arguing that the company’s margin improvement is encouraging but that cash burn remains high, the electrolyzer backlog is at multi-year lows, and management’s 2026 growth targets look difficult to achieve without a meaningful pickup in new orders.
* Consensus EPS Estimates: -$0.10
* Consensus Revenue Estimates: $139.76M
* Earnings Insight: Plug Power has missed EPS estimates in 8 consecutive reports, exceeding revenue forecasts in just 3 of those quarters.
ALSO REPORTING: Barrick Mining (B [https://seekingalpha.com/symbol/B]), Simon Property Group (SPG [https://seekingalpha.com/symbol/SPG]), Hims & Hers Health (HIMS [https://seekingalpha.com/symbol/HIMS]), 3D Systems Corporation (DDD [https://seekingalpha.com/symbol/DDD]), SeaDrill (SDRL [https://seekingalpha.com/symbol/SDRL]), Cronos Group (CRON [https://seekingalpha.com/symbol/CRON]), Marathon Digital Holdings (MARA [https://seekingalpha.com/symbol/MARA]), Blink Charging (BLNK [https://seekingalpha.com/symbol/BLNK]), GoPro (GPRO [https://seekingalpha.com/symbol/GPRO]), Mosaic (MOS [https://seekingalpha.com/symbol/MOS]), Uniti Group (UNIT [https://seekingalpha.com/symbol/UNIT]), Ovintiv (OVV [https://seekingalpha.com/symbol/OVV]), Danaos (DAC [https://seekingalpha.com/symbol/DAC]), ARKO Petroleum (APC [https://seekingalpha.com/symbol/APC]), Agenus (AGEN [https://seekingalpha.com/symbol/AGEN]), CleanSpark (CLSK [https://seekingalpha.com/symbol/CLSK]), Village Farms International (VFF [https://seekingalpha.com/symbol/VFF]), Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]), and more.
TUESDAY, MAY 12
JD.COM (JD [https://seekingalpha.com/symbol/JD])
JD.com (JD [https://seekingalpha.com/symbol/JD]), one of China's largest e-commerce and supply chain technology platforms, is scheduled to report its Q1 results on Tuesday before the U.S. market opens, with investors closely watching whether the company can rebound from a challenging Q4.
JD.com's most recent quarter saw resilient full-year revenue growth, margin expansion, and a record user base, with strong performance in general merchandise and new businesses. However, the company posted its first quarterly loss in more than three years as the food-delivery subsidy war in China continued to take a toll on the e-commerce giant.
Looking ahead to Q1, management has expressed confidence in sustaining healthy growth across general merchandise, supermarket, fashion, and healthcare in 2026, while noting that electronics and home appliances are expected to recover only in the second half of the year due to a high base effect in H1. Food delivery investment is expected to decrease in 2026, with a renewed focus on healthy scaling and improved unit economics, a signal the market has been eager to hear following months of margin pressure from the bruising food delivery price war with rivals.
On the international front, JD.com has been expanding aggressively beyond China's borders. The company launched Joybuy, a shopping platform serving six European countries, including the U.K., in March 2026, while also making a $2.5B bid for German electronics retailer Ceconomy.
The company also completed a CNY10B senior notes offering in April 2026, signaling continued confidence in its capital position despite the near-term earnings headwinds.
Persistent US-China trade tensions and the ever-present risk of ADR delisting remain overhangs that keep a ceiling on valuation for many international investors, even as the underlying business continues to scale.
Wall Street sentiment remains broadly constructive, and Seeking Alpha's Quant rating system also suggests a Buy [https://seekingalpha.com/symbol/JD/ratings/quant-ratings].
SA author Byte Sized Alpha also recommends a Buy [https://seekingalpha.com/article/4897710-jdcom-logistics-ai-and-marketplace-growth-could-drive-a-re-rating] rating on JD.com (JD [https://seekingalpha.com/symbol/JD]), arguing that the stock remains undervalued as growth drivers across logistics, marketplace operations, advertising, and industrial AI systems continue to strengthen the long-term thesis.
The author highlights JD’s vertically integrated logistics network and international expansion through JoyExpress as key competitive advantages, while AI-driven tools such as JoyStreamer and JingYan Assistant are helping accelerate higher-margin advertising and marketplace revenue growth.
At roughly 10x forward earnings and around $30 per share, Byte Sized Alpha sees further upside potential, assigning a 12-month price target of $42.
* Consensus EPS Estimates: $0.53
* Consensus Revenue Estimates: $45.55B
* Earnings Insight: JD.com has topped EPS and revenue expectations in 7 of the past 8 quarters.
ALSO REPORTING: Sea Limited (SE [https://seekingalpha.com/symbol/SE]), Under Armour (UAA [https://seekingalpha.com/symbol/UAA]), First Majestic Silver (AG [https://seekingalpha.com/symbol/AG]), OrganiGram (OGI [https://seekingalpha.com/symbol/OGI]), GrowGeneration (GRWG [https://seekingalpha.com/symbol/GRWG]), Franco-Nevada (FNV [https://seekingalpha.com/symbol/FNV]), HUYA (HUYA [https://seekingalpha.com/symbol/HUYA]), B&G Foods (BGS [https://seekingalpha.com/symbol/BGS]), Zebra Technologies (ZBRA [https://seekingalpha.com/symbol/ZBRA]), Tencent Music Entertainment Group (TME [https://seekingalpha.com/symbol/TME]), Kopin (KOPN [https://seekingalpha.com/symbol/KOPN]), D-Wave Quantum (QBTS [https://seekingalpha.com/symbol/QBTS]), and more.
WEDNESDAY, MAY 13
CISCO SYSTEMS (CSCO [https://seekingalpha.com/symbol/CSCO])
Cisco Systems (CSCO [https://seekingalpha.com/symbol/CSCO]) is set to release its FQ3 results after Wednesday’s close, with expectations elevated after a run of strong quarters and bullish management commentary. The company has said it is positioned for its best fiscal year on record, driven by momentum in AI infrastructure and networking.
In its most recent quarter, Cisco beat expectations and raised its full-year outlook to revenue of $61.2B to $61.7B and non-GAAP EPS of $4.13 to $4.17, assuming current tariffs and exemptions remain in place through FY2026.
The AI infrastructure story remains the main driver heading into the print. Silicon One shipped its one millionth chip during Q2; Cisco unveiled the G300 architecture with 102.4 Tbps of switching bandwidth, and the company now has design wins with five of six major hyperscalers. A campus networking upgrade cycle and a sovereign cloud pipeline exceeding $2.5B add to the growth runway, and investors will be watching to see whether AI order momentum has stayed strong into Q3.
Splunk integration is the other major focus. Roughly two years after the deal closed, Cisco is still benefiting from cross-sell opportunities, but the cloud subscription transition continues to weigh on near-term recognized revenue. That said, the growth in Splunk’s ARR and product RPO supports the longer-term thesis, even if the monetization path remains gradual.
Margins will also be closely watched. Cisco is shifting from legacy networking hardware toward AI infrastructure leadership, but that mix shift is putting pressure on gross and operating margins. Management has guided Q3 non-GAAP gross margin of 65.5% to 66.5% and non-GAAP operating margin of 33.5% to 34.5%, while tariff exposure on memory, PCBs, and optics remains an added variable.
Wall Street remains broadly constructive with a Buy rating, but investors still appear to be weighing execution risk against the upside from AI and Splunk.
Meanwhile, Seeking Alpha's Quant Rating System suggests a Hold [https://seekingalpha.com/symbol/CSCO/ratings/quant-ratings].
* Consensus EPS Estimates: $1.04
* Consensus Revenue Estimates: $15.56B
* Earnings Insight: Cisco has beaten EPS and revenue estimates in 8 straight quarters.
ALSO REPORTING: Alibaba Group Holding (BABA [https://seekingalpha.com/symbol/BABA]), Nebius Group (NBIS [https://seekingalpha.com/symbol/NBIS]), Inovio Biomedical (INO [https://seekingalpha.com/symbol/INO]), Bionano Genomics (BNGO [https://seekingalpha.com/symbol/BNGO]), Paysafe Group Holdings (PSFE [https://seekingalpha.com/symbol/PSFE]), Manulife Financial (MFC [https://seekingalpha.com/symbol/MFC]), Wix.com (WIX [https://seekingalpha.com/symbol/WIX]), Capital Southwest (CSWC [https://seekingalpha.com/symbol/CSWC]), Energous (WATT [https://seekingalpha.com/symbol/WATT]), Shoulder Innovations (SI [https://seekingalpha.com/symbol/SI]), Dynatrace (DT [https://seekingalpha.com/symbol/DT]), Altimmune (ALT [https://seekingalpha.com/symbol/ALT]), Gilat Satellite Networks (GILT [https://seekingalpha.com/symbol/GILT]), COMPASS Pathways (CMPS [https://seekingalpha.com/symbol/CMPS]), Teekay (TK [https://seekingalpha.com/symbol/TK]), Doximity (DOCS [https://seekingalpha.com/symbol/DOCS]), Veru (VERU [https://seekingalpha.com/symbol/VERU]), and more.
THURSDAY, MAY 14
APPLIED MATERIALS (AMAT [https://seekingalpha.com/symbol/AMAT])
Applied Materials (AMAT [https://seekingalpha.com/symbol/AMAT]), the world’s largest semiconductor equipment maker by revenue, is set to report FQ2 results after Thursday’s close, with investors looking for another beat-and-raise quarter from one of the market’s key AI infrastructure beneficiaries.
In February, the company topped expectations in FQ1 results, while management said it expects its semiconductor equipment business to grow by more than 20% in calendar 2026. Applied then guided FQ2 revenue of about $7.65B and adjusted EPS of $2.64, and analysts have since edged estimates higher.
The biggest growth drivers remain gate-all-around transistors and high-bandwidth memory, where advanced tools are increasingly essential as chipmakers push to smaller nodes and more complex stacking. Applied’s $5B EPIC Center initiative is also a key focus, as investors watch for updates on customer co-development, commercialization timelines, and the pace of AI-related demand. China remains the main risk.
Management has already flagged a potential $600M FY2026 revenue headwind from tighter U.S. export restrictions, which could affect both tool shipments and service revenue.
The overall demand landscape driven by AI-related capital expenditures remains favorable, and Wall Street maintains a positive outlook ahead of the earnings report.
Meanwhile, Seeking Alpha's Quant Rating System recommends a Hold rating [https://seekingalpha.com/symbol/AMAT/ratings/quant-ratings].
* Consensus EPS Estimates: $2.67
* Consensus Revenue Estimates: $7.68B
* Earnings Insight: AMAT has beaten EPS and revenue estimates in 8 straight quarters, missing revenue expectations only once in that span.
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FRIDAY, MAY 15
The week wraps up on a lighter note, with only a handful of earnings scheduled for Friday's pre-market session. Notable names include Sachem Capital (SACH [https://seekingalpha.com/symbol/SACH]), PAVmed (PAVM [https://seekingalpha.com/symbol/PAVM]), H World Group (HTHT [https://seekingalpha.com/symbol/HTHT]), and more.
MORE ON RELATED STOCKS:
* Cisco Q3 Earnings Preview: Margin Focus As Shares Trade Near Highs [https://seekingalpha.com/article/4899260-cisco-q3-earnings-preview-margin-focus-as-shares-trade-near-highs]
* JD.com: Logistics, AI, And Marketplace Growth Could Drive A Re-Rating [https://seekingalpha.com/article/4897710-jdcom-logistics-ai-and-marketplace-growth-could-drive-a-re-rating]
* Alibaba's AI Engine Is Powering A Still Undervalued Comeback [https://seekingalpha.com/article/4894312-alibabas-ai-engine-is-powering-a-still-undervalued-comeback]
* US said to suspect Nvidia chips smuggled to Alibaba via Thailand, Bloomberg reports [https://seekingalpha.com/news/4589535-us-said-to-suspect-nvidia-chips-smuggled-to-alibaba-via-thailand-bloomberg-reports]
* Kimi chatbot developer Moonshot AI reaches $20B valuation in Meituan-led funding round [https://seekingalpha.com/news/4587927-kimi-chatbot-developer-moonshot-ai-reaches-20b-valuation-in-meituan-led-funding-round]
- Assessing Manulife Financial (TSX:MFC) Valuation After Recent Share Price Moves And Comvest Credit Partners Deal
May 5, 2026
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.
Manulife Financial stock update
Manulife Financial (TSX:MFC) has drawn investor attention after recent share price moves, with the stock showing mixed short term returns, but stronger figures over the past year and multi year period.
See our latest analysis for Manulife Financial.
The recent 1 day and 7 day share price declines sit against a 30 day share price return of 8% and a 1 year total shareholder return of 26%, suggesting momentum has been broadly positive despite short term softness.
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With Manulife trading at CA$52.45, sitting close to analyst targets and with an intrinsic value estimate suggesting a sizeable discount, you need to ask whether this is a genuine opportunity or whether markets are already pricing in future growth.
Most Popular Narrative: 4.3% Undervalued
Against the last close at CA$52.45, the most followed narrative points to a fair value of CA$54.78, implying a modest valuation gap that stems from specific growth and margin expectations rather than a broad market mismatch.
The acquisition of Comvest Credit Partners meaningfully scales Manulife's private markets platform and introduces high-growth, fee-based private credit capabilities. Leveraging Manulife's global distribution, especially into Asia's fast-growing wealth pools, should drive a higher mix of stable, capital-light fee income. This may improve net margins and support core EPS and ROE growth.
Read the complete narrative.
Curious what revenue trajectory, profit margins and future earnings multiple are baked into that fair value, and how disciplined capital returns fit into the story? The full narrative lays out the exact growth runway, profitability path and re rating assumptions that need to hold for CA$54.78 to make sense.
Result: Fair Value of CA$54.78 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, you still need to weigh risks, such as tighter margins from Hong Kong pension fee pressure and higher U.S. credit losses that could unsettle that valuation story.
Find out about the key risks to this Manulife Financial narrative.
Another View: What The P/E Ratio Suggests
While the SWS DCF model points to significant upside, the market is assigning Manulife a P/E of 16.7x, slightly above the peer average of 16.4x and above its fair ratio of 16.2x. That premium hints at less margin for error, so how comfortable are you with what is already priced in?
Story Continues
See what the numbers say about this price — find out in our valuation breakdown.TSX:MFC P/E Ratio as at May 2026
Next Steps
With sentiment this mixed, it makes sense to look at the underlying data yourself and decide how comfortable you are with the risk reward balance. To see what the market is currently optimistic about, review the 4 key rewards
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include MFC.TO.
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