Japan’s SoftBank Group ( SFTBY ) is planning to create a new AI and robotics company designed to automate data center construction , with an eye on a roughly $100B U.S. IPO, FT reported, citing sources. The Japanese conglomerate plans for Roze to go public as early as this year, as founder Masayoshi Son accelerates efforts to advance the group’s AI strategy. SoftBank ( SFTBY ) plans to hold an ana...
Japan’s SoftBank Group ( SFTBY ) is planning to create a new AI and robotics company designed to automate data center construction , with an eye on a roughly $100B U.S. IPO, FT reported, citing sources. The Japanese conglomerate plans for Roze to go public as early as this year, as founder Masayoshi Son accelerates efforts to advance the group’s AI strategy. SoftBank ( SFTBY ) plans to hold an analyst day in a data center facility in Texas in July to promote the IPO, the report added . The group has yet to determine the size of the stake it will sell in Roze, though it has historically retained majority ownership in its listed companies. SoftBank, for instance, continues to hold nearly 90% of Arm Holdings ( ARM ) following its 2023 listing. The valuation target and IPO timeline remain subject to change, with some SoftBank ( SFTBY ) executives viewing the plans as ambitious amid ongoing uncertainty linked to the Middle East conflict. Roze is the Japanese group’s planned AI and robotics venture aiming to deploy AI-driven systems and robots to speed up construction and improve efficiency, addressing a key bottleneck in AI infrastructure as demand for computing capacity surges. More on SoftBank Group Corp. SoftBank Group: Positives And Negatives Offset Each Other SoftBank Group Corp. (SFTB:CA) Discusses New Business Strategy and Transition to Complete Chip Sales Transcript SoftBank Group Corp. (SFTB:CA) Discusses New Business Strategy and Transition to Complete Chip Sales - Slideshow SoftBank, Toppan unveil lightweight wing skin for solar HAPS aircraft PayPay, SoftBank affiliate price $879.8M IPO below marketed range
Earnings Call Insights: The Cheesecake Factory Incorporated (CAKE) Q1 2026 Management View "We delivered strong results in the first quarter, exceeding expectations across revenue, margins and adjusted diluted earnings per share" (Founder, Chairman & CEO David Overton). "First quarter comparable sales at The Cheesecake Factory restaurants increased 1.6%" and "Cheesecake Factory average weekly sale...
Earnings Call Insights: The Cheesecake Factory Incorporated (CAKE) Q1 2026 Management View "We delivered strong results in the first quarter, exceeding expectations across revenue, margins and adjusted diluted earnings per share" (Founder, Chairman & CEO David Overton). "First quarter comparable sales at The Cheesecake Factory restaurants increased 1.6%" and "Cheesecake Factory average weekly sales reached a new all-time high" (CEO Overton). "During the first quarter, we opened 3 restaurants" and "we remain on track to meet our objective of opening as many as 26 new restaurants this year" (CEO Overton). "This has allowed us to moderate menu pricing without impacting restaurant level margins" and "the recent launch of our new mobile app has exceeded expectations with top-tier download rankings, including #3 overall and #1 in food and drink during the rollout week" (President David Gordon). "Total revenues were $978.8 million" and "adjusted diluted earnings per share was $1.05" (Executive VP & CFO Matthew Clark). Outlook "For Q2, we anticipate total revenues to be between $990 million and $1 billion" (CFO Clark). "We anticipate total revenues for fiscal 2026 to be approximately $3.91 billion at the midpoint" and "we plan to continue accelerating unit growth this year" (CFO Clark). Compared with last quarter’s framing, management repeated "we will not be providing specific comparable sales and earnings guidance" and kept the same headline unit-growth objective: "as many as 26 new restaurants in 2026" (CFO Clark; Q4 2025 call). Financial Results "Total revenues were $978.8 million" and "adjusted net income margin was 5.2%" (CFO Clark). Segment sales were described as: "First quarter total sales at The Cheesecake Factory restaurants were $690.5 million," "total sales for North Italia were $89.5 million," "Other FRC sales totaled $104.5 million," "Flower Child sales totaled $52.6 million," and "external bakery sales were $13.9 million" (CFO Clark). Costs and items were de...
(RTTNews) - Posco Future M Co., Ltd. (003670.KS), a South Korean advanced materials company and a key subsidiary of POSCO Holdings Inc. (PKX, 005490.KS), on Thursday reported lower net income in the first quarter of full year 2026 compared with the previous year.
(RTTNews) - Posco Future M Co., Ltd. (003670.KS), a South Korean advanced materials company and a key subsidiary of POSCO Holdings Inc. (PKX, 005490.KS), on Thursday reported lower net income in the first quarter of full year 2026 compared with the previous year.
(RTTNews) - PUMA (PUMG.DE, PUM.DE) reported first quarter profit from continuing operations of 26.5 million euros compared to 1.1 million euros, prior year. Earnings per share from continuing operations was 0.18 euros compared to breakeven. EBIT rose 19.6% to 51.9 million euros,
(RTTNews) - PUMA (PUMG.DE, PUM.DE) reported first quarter profit from continuing operations of 26.5 million euros compared to 1.1 million euros, prior year. Earnings per share from continuing operations was 0.18 euros compared to breakeven. EBIT rose 19.6% to 51.9 million euros,
With so much video content available, subscription streaming services need to find ways to stand out from rival platforms if they want to attract and retain paying customers. That's harder than it sounds, but there are a few sources of unique content available that more streamers are tapping into. For Netflix (NASDAQ: NFLX) -- which this month delivered a first-quarter earnings report that sent it...
With so much video content available, subscription streaming services need to find ways to stand out from rival platforms if they want to attract and retain paying customers. That's harder than it sounds, but there are a few sources of unique content available that more streamers are tapping into. For Netflix (NASDAQ: NFLX) -- which this month delivered a first-quarter earnings report that sent its shares tumbling -- adding more live sports could be part of the solution. Image source: Getty Images. Continue reading
Europe’s software companies are doing better than expected this earnings season, brushing off fears around artificial intelligence and the impact of the Iran war on business confidence. The region’s biggest software firm — SAP SE — beat analyst estimates as demand for its cloud solutions continued to grow . The cloud backlog “should allay worries about AI disruption and the Iran conflict’s potenti...
Europe’s software companies are doing better than expected this earnings season, brushing off fears around artificial intelligence and the impact of the Iran war on business confidence. The region’s biggest software firm — SAP SE — beat analyst estimates as demand for its cloud solutions continued to grow . The cloud backlog “should allay worries about AI disruption and the Iran conflict’s potential to affect the closing of deals, which had plagued ServiceNow,” Bloomberg Intelligence analyst Anurag Rana said. The same day SAP reported, US peer ServiceNow Inc. warned that some sales deals had been delayed by the war and failed to reassure investors concerned about AI displacement. SAP’s shares rebounded sharply after months of weakness when its results made it clear it had been better able to withstand those same pressures. The earnings came as “a welcome relief,” Deutsche Bank analyst Johannes Schaller wrote in a note. A return to solid cloud backlog growth and growing demand for cloud enterprise management products “are clear indicators that demand for SAP’s solutions (including its AI portfolio) remains healthy,” he added. Digital transformation consultancy Capgemini SE beat analyst expectations, with organic sales growth in North America, Asia, Latin America and the UK and Ireland significantly outpacing estimates for the first quarter. Nemetschek SE , a provider of software to the construction and media industries, saw first-quarter revenue growth of 17% at constant currency, ahead of estimates. Dassault Systemes SE — a French provider of 3D simulation software and one of the main targets of this year’s so-called SaaSpocalypse — also surprised positively. Most metrics came in line or above expectations, sending the stock higher as analysts highlighted the company’s resilience to a tough macro backdrop. The need for engineering and physics expertise, coupled with the use of specialized data, limits the risk of disruption for software companies that work with indu...