The AI lab has signed more than a dozen preliminary agreements for U.S. data centers totaling over 1 GW of capacity, marking a shift from pure cloud reliance to direct…
The AI lab has signed more than a dozen preliminary agreements for U.S. data centers totaling over 1 GW of capacity, marking a shift from pure cloud reliance to direct…
Recent developments in the Cloud AI landscape include Akamai Technologies earning a Solutions Partner with certified software designation for its API Security within the Microsoft AI Cloud Partner Program. This certification underscores the interoperability of Akamai's software with the Microsoft Cloud, offering cross-platform visibility and security for users operating in cloud environments like ...
Recent developments in the Cloud AI landscape include Akamai Technologies earning a Solutions Partner with certified software designation for its API Security within the Microsoft AI Cloud Partner Program. This certification underscores the interoperability of Akamai's software with the Microsoft Cloud, offering cross-platform visibility and security for users operating in cloud environments like Microsoft Azure. This advancement emphasizes the growing demand for robust API protection as AI...
Fox Corp ( FOX ) ( FOXA ) is airing commercials during FIFA World Cup water breaks, breaking with tradition as well as with competing networks that have opted not to disrupt the game with ads. Hydration breaks are a first during this World Cup. FIFA has determined that in the interest of player welfare, there will be two mandatory breaks per match 22 minutes into each half. FIFA is permitting ads ...
Fox Corp ( FOX ) ( FOXA ) is airing commercials during FIFA World Cup water breaks, breaking with tradition as well as with competing networks that have opted not to disrupt the game with ads. Hydration breaks are a first during this World Cup. FIFA has determined that in the interest of player welfare, there will be two mandatory breaks per match 22 minutes into each half. FIFA is permitting ads to run during hydration breaks with limitations. Ads must not start within 20 seconds of the ref’s whistle and must end at least 30 seconds before play resumes. That creates a gap of a little over 2 minutes that can be filled with commercials. Fox ( FOX ) ( FOXA ) aired ads for AT&T ( T ), Lowe’s ( LOW ), FanDuel ( FLUT ), and Michelob Ultra ( BUD ), filling up a 2-minute break in play between Mexico and South Africa on Thursday, marking the first time commercials were broadcast during play. Bloomberg estimates that if Fox ( FOX ) ( FOXA ) continues to run ads at the current pace, four commercials per half hour over the span of 104 matches would create more than 800 additional ad spots. By comparison, Telemundo ( CMCSA ), which will broadcast Spanish-language World Cup matches in the U.S., will not run ads during water breaks. Instead, the network thanked its sponsor, Coca-Cola ( KO ) for enabling cameras to remain on the pitch uninterrupted. More on Fox Fox Corporation (FOXA) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Fox Corporation (FOXA) Q3 2026 Earnings Call Transcript Fox Corporation: The Market Is Still Missing The Real Value Fox to distribute NFL football in Mexico across multiple platforms Media stocks are in the spotlight as the World Cup approaches
Ceaselessly inventive painter whose best known works were inspired by the light and colour he encountered in 1960s California Soon after he moved to Los Angeles in the 1960s, the artist David Hockney was visited by his mother. As they drove back from the airport, far from her native Bradford, she gazed about her in apparent awe at the beauties of sun-kissed southern California. Then, as Hockney wa...
Ceaselessly inventive painter whose best known works were inspired by the light and colour he encountered in 1960s California Soon after he moved to Los Angeles in the 1960s, the artist David Hockney was visited by his mother. As they drove back from the airport, far from her native Bradford, she gazed about her in apparent awe at the beauties of sun-kissed southern California. Then, as Hockney was fond of recalling, she turned and said: “I don’t understand it. Such lovely drying weather and no one’s got their washing out.” Mrs Hockney thus joined Mrs Warhol and Alan Bennett’s “Mam” as working-class mothers who delighted in their son’s success without ever quite understanding it. Hockney, who has died aged 88, had been similarly awestruck when he first went to California in 1963, commissioned to make work for a show in New York. His response, though, was quite different. Looking down from a Pan Am jet, he marvelled at the blue glint of swimming pools and thought, “My God, this place needs its Piranesi.” Continue reading...
Richard Drury/DigitalVision via Getty Images Investment Thesis SailPoint ( SAIL ) is an identity security company that assists other organizations with controlling who has access to their systems and applications. The company has gone head-first into transforming into a Software as a Service company with its cloud software SailPoint Atlas, growing impressively over the past few years. While the co...
Richard Drury/DigitalVision via Getty Images Investment Thesis SailPoint ( SAIL ) is an identity security company that assists other organizations with controlling who has access to their systems and applications. The company has gone head-first into transforming into a Software as a Service company with its cloud software SailPoint Atlas, growing impressively over the past few years. While the company has experienced impressive growth in revenues and offers margin expansion that is reasonable to expect to continue, the valuation appears a bit rich in comparison to peers considering the company is still not profitable. Strong Revenues and Expanding Margins As SailPoint continues to push from their legacy and on-premises enterprise platform model to their Identity Security Cloud Software as a Service, we continue to see the strategy take hold, driving not only annual recurring revenue to explosive growth, but specifically their SaaS annual recurring revenue doing the heavy lifting, with subscription revenue up 23% for this last quarter compared to the same quarter the prior year, and the SaaS revenue growth specifically up 35% year over year. SailPoint Gross margin this last quarter was 65%, which expanded meaningfully compared to the same quarter last year of 56%. This is a large, positive shift in a short amount of time. While it’s difficult to see a call-out specifically as to why gross margin expanded from management (they do call out operating margin expanding), we can assume it’s from the drivers they’ve been discussing in the last few earnings calls. The business mix has been shifting drastically to Software as a Service ( 92% of net new annual recurring revenue coming specifically from Software as a Service, compared to 69% in the same quarter the year prior ) . This alone likely explains much of the gross margin improvement, although management does also explain that new deals are increasing in size, with the average annual recurring revenue per customer bei...