Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 5% in the afternoon session after the company initiated layoffs as part of a strategic shift to focus on artificial intelligence and cloud services, a move investors viewed positively.
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 5% in the afternoon session after the company initiated layoffs as part of a strategic shift to focus on artificial intelligence and cloud services, a move investors viewed positively.
Morsa Images/DigitalVision via Getty Images Investment Action I had a buy rating for NIQ Global Intelligence plc ( NIQ ) previously, as I thought the growth outlook was clear and there was a solid path to margins expanding as AI helps to lower the cost base. I remain bullish on NIQ. Margin is expanding faster than I thought, and more importantly, the growth profile is better than I thought. AI is ...
Morsa Images/DigitalVision via Getty Images Investment Action I had a buy rating for NIQ Global Intelligence plc ( NIQ ) previously, as I thought the growth outlook was clear and there was a solid path to margins expanding as AI helps to lower the cost base. I remain bullish on NIQ. Margin is expanding faster than I thought, and more importantly, the growth profile is better than I thought. AI is also proving to be a positive thing for NIQ. The Margin Story Has Turned More Tangible NIQ's ability to expand margin has been a key anchor to my bullish view, and the 25.4% adj. EBITDA margin in Q4 2025 was extremely encouraging. My thesis was that AI would lower processing costs and lift NIQ's margins over time, but it was debatable back then since it was still a "show me story." That has changed today. As noted, the Q4 margin expanded above 25% (which was my FY28 target, by the way), and NIQ delivered 30.2% adj. EBITDA growth in Q4. Let me note that was not due to a one-off tailwind. The margin expansion was due to operating leverage and AI-led productivity gains, both of which I expected. There are great examples to support this. For instance, in Germany, agentic AI is helping to code tens of thousands of products in hours instead of days. It has also helped to cut data costs by ~70% and helped accelerate product launches into new markets. In sales, AI helped sellers to speed up faster access to materials and reduced proposal time and admin work by 40%. And for the most common area that AI can improve, customer support, NIQ also saw manual workload decline by 17%, while self-serve usage went up to 81% through the NIQ service suite. These are significant improvements that translate to huge cost savings, and the benefits, as you can see, are showing up. Core Intelligence segment I also think my view that NIQ is a GDP+ growth story may not be accurate. Looking at the most recent numbers, clearly, NIQ is growing much faster. In Q4, annualized intelligence subscription reven...
Anthropic PBC inadvertently released source code for its popular Claude AI agent, raising questions about its operational security and sending developers on a search for clues about the startup’s plans. “Earlier today, a Claude Code release included some internal source code. No sensitive customer data or credentials were involved or exposed,” an Anthropic spokesperson said in an emailed statement...
Anthropic PBC inadvertently released source code for its popular Claude AI agent, raising questions about its operational security and sending developers on a search for clues about the startup’s plans. “Earlier today, a Claude Code release included some internal source code. No sensitive customer data or credentials were involved or exposed,” an Anthropic spokesperson said in an emailed statement. “This was a release packaging issue caused by human error, not a security breach. We’re rolling out measures to prevent this from happening again.” The leak of basic source code — the second slip-up in just a week — triggered a discussion in the community around new revelations of how Anthropic’s popular coding agent works. Developers said on X they were poring through the details to try and figure out how the startup intended to evolve the platform. Several experts also raised concerns about potential security vulnerabilities in light of the unintended exposure. The leak comes days after Fortune reported that the company accidentally made thousands of files publicly available, including a draft blog post that detailed a powerful upcoming model known internally as both “Mythos” and “Capybara” that presents cybersecurity risks.
The seventh session of the independent inquiry into last year’s fire at Wang Fuk Court – Hong Kong’s deadliest in decades – is under way with the focus turning to ISS EastPoint, the estate’s property management firm. The blaze, which started on November 26 last year and raged through seven of Wang Fuk Court’s eight towers for about 43 hours, killed 168 people and displaced nearly 5,000 residents. ...
The seventh session of the independent inquiry into last year’s fire at Wang Fuk Court – Hong Kong’s deadliest in decades – is under way with the focus turning to ISS EastPoint, the estate’s property management firm. The blaze, which started on November 26 last year and raged through seven of Wang Fuk Court’s eight towers for about 43 hours, killed 168 people and displaced nearly 5,000 residents. ISS clerk Lok Sin-ying, who was stationed at the estate, is to resume testimony on Wednesday morning...
Earnings Call Insights: Jushi Holdings (JUSHF) Q4 2025 Management View CEO James Cacioppo said Q4 revenue was $68.3 million and full-year revenue was $262.9 million, adding that results reflected “continued stabilization across our retail footprint,” with contributions from new stores and “enhanced product availability and quality driven by improved operational execution at our grower-processor fa...
Earnings Call Insights: Jushi Holdings (JUSHF) Q4 2025 Management View CEO James Cacioppo said Q4 revenue was $68.3 million and full-year revenue was $262.9 million, adding that results reflected “continued stabilization across our retail footprint,” with contributions from new stores and “enhanced product availability and quality driven by improved operational execution at our grower-processor facilities.” CEO Cacioppo highlighted a refinancing completed March 27, 2026: “We completed the refinancing through the issuance of a $160 million first lien secured term loan due in 2029 with a 12.5% coupon structured as interest-only payments over the 36-month term,” and said it was done “without issuing any warrants or equity-linked securities,” adding it provided “$13 million of incremental liquidity” and a “single financial covenant requiring the maintenance of a minimum cash balance.” CEO Cacioppo framed Virginia adult-use as a key upcoming catalyst and said the reconciled bill sent to the governor sets “applications expected to be released on or before September 1, 2026, and license issuance on or before December 1, 2026,” with “Retail sales ... expected to commence on January 1, 2027.” CFO Michelle Mosier said the Q4 retail revenue increase was driven by “contributions from new stores in Ohio and strong sales performance from all our Virginia stores,” while noting Virginia growth was “primarily driven by increased units sold, while average selling prices remained relatively flat.” Outlook CFO Mosier guided 2026 capital expenditures: “we currently expect maintenance CapEx to be in the range of approximately $4 million to $5 million” and “2026 growth CapEx to be in the range of $5 million to $8 million,” for “total projected capital expenditures of $9 million to $13 million in 2026,” while noting Virginia adult-use would influence timing and that “the majority of construction-related capital spending [would] occur in 2027 rather than 2026.” CEO Cacioppo described Virgin...