As the conflict in Iran disrupts global supply chains and AI shakes up industries, logistics firm CH Robinson is getting credit with investors for dealing well with both. Dave Bozeman, the company’s CEO, discusses the global disruptions and Robinson’s integration of AI with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
As the conflict in Iran disrupts global supply chains and AI shakes up industries, logistics firm CH Robinson is getting credit with investors for dealing well with both. Dave Bozeman, the company’s CEO, discusses the global disruptions and Robinson’s integration of AI with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
十五五規劃｜李家超：香港要主動作為 岑浩輝：是歷史機遇 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】行政長官李家超指，「十五五」規劃下香港要主動作為，澳門行政長官岑浩輝形容「十五五」是歷史機遇。 兩位行政長官列...
十五五規劃｜李家超：香港要主動作為 岑浩輝：是歷史機遇 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】行政長官李家超指，「十五五」規劃下香港要主動作為，澳門行政長官岑浩輝形容「十五五」是歷史機遇。 兩位行政長官列席人大開幕，期間接受中新社訪問，李家超指香港要以自身所長服務國家所需，「十五五」規劃細節出台後會立即調研、編制香港首份五年規劃。又指特區政府要主動作為，更好結合有為政府和有效市場，政府要超越過去「不干預就是好」的思路，以主動引導，謀求整體發展。 岑浩輝受訪時說，會全面對接、不折不扣貫徹落實「十五五」規劃綱要，形容是憲制責任，更是實現跨越式發展的歷史機遇，落實好行政主導是破解澳門深層次矛盾的必然要求。
Palantir Technologies (PLTR 0.50%) stock has been on an incredible run over the past five years. The company's share price has rocketed roughly 547% higher over that stretch. On the other hand, the stock has also seen a big pullback in recent months, connected to concerns that artificial intelligence (AI) and software stocks may be broadly overvalued. As of this writing, Palantir is down 26% from ...
Palantir Technologies (PLTR 0.50%) stock has been on an incredible run over the past five years. The company's share price has rocketed roughly 547% higher over that stretch. On the other hand, the stock has also seen a big pullback in recent months, connected to concerns that artificial intelligence (AI) and software stocks may be broadly overvalued. As of this writing, Palantir is down 26% from its peak. Of course, the stock still looks incredibly richly valued by most conventional valuation metrics. The company has a current market capitalization of approximately $349 billion and is valued at roughly 110 times expected forward earnings and 48 times expected forward sales. Can the stock beat the market over the next five-year and 10-year periods? Can Palantir still be a massive long-term winner? While Palantir trades at an enormously growth-dependent valuation, the company has also reliably served up sales and earnings results that have crushed Wall Street's expectations. Palantir's revenue surged 70% higher year over year in the fourth quarter to hit roughly $1.41 billion. Meanwhile, non-GAAP (adjusted) earnings per share soared 79% from the prior-year period to reach $0.25. For comparison, the average Wall Street analyst estimates had targeted per-share earnings of $0.23 on sales of $1.33 billion. Thanks to soaring demand for its Artificial Intelligence Platform service, revenue among U.S. commercial customers rocketed 137% higher year over year last quarter. Meanwhile, sales to U.S. government customers increased 66% over the prior-year period. Palantir appears to have strong performance leads with its product portfolios for both public-sector and private-sector customers, and these advantages could allow the company to build long-term moats that wind up being very difficult for competitors to penetrate. The company's roles providing services to U.S. defense agencies and other government departments also provides some buttressing against geopolitical volatility...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. The next-generation Xbox console will play both Xbox and PC games, and its codename is “Project Helix,” according to Asha Sharma, who took over as Microsoft’s gaming CEO last month. “Great...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. The next-generation Xbox console will play both Xbox and PC games, and its codename is “Project Helix,” according to Asha Sharma, who took over as Microsoft’s gaming CEO last month. “Great start to the morning with Team Xbox, where we talked about our commitment to the return of Xbox including Project Helix, the code name for our next generation console,” Sharma wrote on X. “Project Helix will lead in performance and play your Xbox and PC games. Looking forward to chatting about this more with partners and studios at my first GDC next week!” The official Xbox account on X also posted about the name. Microsoft has already indicated that the next Xbox will be some kind of hybrid of a console and a PC, with former Xbox president Sarah Bond also saying that “The next-gen console is going to be a very premium, very high-end curated experience.” Sharma didn’t share specific details about when Project Helix might launch, but in early February, AMD hinted that it would be ready to support a launch in 2027. Developing…
J Studios/DigitalVision via Getty Images Wednesday after the bell, Broadcom Inc. ( AVGO ) reported Q1 '26 earnings and got a big nod from a market that’s been punishing even double-beats this quarter. The stock was up a little over 7% in pre-market trading, really gaining momentum after CEO Hock Tan said the following midway through the earnings call: We have line of sight to achieve AI revenue fr...
J Studios/DigitalVision via Getty Images Wednesday after the bell, Broadcom Inc. ( AVGO ) reported Q1 '26 earnings and got a big nod from a market that’s been punishing even double-beats this quarter. The stock was up a little over 7% in pre-market trading, really gaining momentum after CEO Hock Tan said the following midway through the earnings call: We have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027. We have also secured the supply chain required to achieve this. Broadcom is, simply put, the Nvidia ( NVDA ) of ASICs, and it has a longer runway ahead than behind in this AI cycle. Yahoo Finance The market's reaction is cooling off in trading Thursday, with the stock now up only about 4% in reaction to the print. Yahoo Finance For the quarter, Broadcom reported sales up 7% sequentially to $19.31B, comfortably ahead of the consensus of $19.14B. AI-related revenues were the star of the quarter, up 29% Q/Q to $8.4B on heightened demand for custom ASIC programs and data center switching. The company’s AI-related sales are shown below on a quarterly basis and have been growing rapidly over the past three quarters. Tech Stock Pros For Q2, management is guiding for this to persist, eyeing AI-related sales growth of 27% Q/Q and 143% Y/Y to $10.7B. For context, back in March 2024 (so about two years ago now), Broadcom guided AI-related demand to exceed $10B in FY25, up from $7.5B. Now, we’re talking about AI-related sales exceeding $100B in 2027 from its six ASIC customers. Who Are The Lucky Six? So, Broadcom has six ASIC customers under its belt, and each is ramping up AI accelerators. The catch with ASIC is that it is the lower-cost solution, meaning that as AI models become more mature, we’ll see more gravitation towards ASIC for low- and mid-level inference. Tan gave us a lot of info on the call yesterday that, if circulated correctly, tells of a massive upside story for Broadcom - one that could even spill into Marvell (...
A coalition of Democratic attorneys general and governors across 24 US states are suing Donald Trump to block his latest round of tariffs. The White House is planning to enact a new 15% tariff on all imports after the supreme court declared Trump’s “liberation day” tariffs illegal. The tariffs have yet to go into effect, though the White House said the new rate would start this week. The lawsuit, ...
A coalition of Democratic attorneys general and governors across 24 US states are suing Donald Trump to block his latest round of tariffs. The White House is planning to enact a new 15% tariff on all imports after the supreme court declared Trump’s “liberation day” tariffs illegal. The tariffs have yet to go into effect, though the White House said the new rate would start this week. The lawsuit, led by New York attorney general Letitia James, argues that Trump does not have the authority to impose these tariffs, and demands states are refunded for tariff costs. Attorneys general from 21 other states, along with the governors of Kentucky and Pennsylvania, are joined in the suit, which is expected to be filed on Thursday in the US court of international trade. The attorneys filing the lawsuit argue that no president has ever issued tariffs under section 122 of the Trade Act of 1974, which they say was created for outdated monetary balance problems. The law caps the tariff rate and time to 15% for a maximum of 150 days. “Once again, President Trump is ignoring the law and the constitution to effectively raise taxes on consumers and small businesses,” James said in a statement. “The president is causing more economic chaos and expecting Americans to foot the bill. These tariffs will only drive up the cost of living, and I will continue to uphold the rule of law to protect New Yorkers.” New York governor Kathy Hochul in a statement called the tariffs “illegal and reckless” and demanded the federal government “refunds the $13.5bn taken from hardworking New Yorkers and end the economic chaos that these unlawful taxes have created”. In a statement, White House spokesperson Kush Desai said the administration “will vigorously defend the president’s action in court”. “The president is using his authority granted by Congress to address fundamental international payments problems and to deal with our country’s large and serious balance-of-payments deficits,” he said. The suprem...
Traders in the Bitcoin options market continue to price in downside risk and remain pessimistic about the cryptocurrency despite a recent surge in prices. Bitcoin climbed to a one-month high above $74,000 Wednesday as it bounced back from a low near $63,000 on Saturday after the US and Israel bombed Iran. The token fell as much as 1.4% in early European trading on Friday and was hovering around $7...
Traders in the Bitcoin options market continue to price in downside risk and remain pessimistic about the cryptocurrency despite a recent surge in prices. Bitcoin climbed to a one-month high above $74,000 Wednesday as it bounced back from a low near $63,000 on Saturday after the US and Israel bombed Iran. The token fell as much as 1.4% in early European trading on Friday and was hovering around $70,700 at 7 a.m. in London. Despite this week’s gains, investors are wary. The largest concentration of open interest — the number of outstanding contracts in the Bitcoin options market — is clustered around downside protection at $60,000, according to data from Coinbase ’s Deribit. That signals traders are betting the recent rebound may not last. Open interest across major exchanges jumped to $16 billion from $13 billion since the start of the week, but it plateaued after the price of Bitcoin stalled, according to crypto analytics firm Kaiko . Bitcoin’s increase this week to the $74,000 level was “an encouraging surge,” because it broke through a resistance area that had lasted for four weeks, said Alex Kuptsikevich , chief market analyst at FxPro. He attributed the price increase to a short squeeze. The recovery lost momentum, however, and “the bulls still have to convince the community that the bear market is over,” he said. About $861 million in short positions have been liquidated since Monday, compared with $536 million in longs, according to Kaiko. Funding rates slipped into negative territory ahead of yesterday’s rally as open interest climbed, signaling an increase in short bets, according to the firm. “Positioning still seems fairly bearish,” said Greg Guttas , head of OTC trading at Flowdesk. “Funding rates on perpetual futures are roughly flat but off the weekend lows, where they were negative. Puts are still more expensive than calls.” A higher cost for puts signals traders are more concerned about downside risk and are paying a premium for protection against a ...
By Michael Martina and David Lawder WASHINGTON, March 5 (Reuters) - Reviving market access to Chinese industrial firms would undercut U.S. President Donald Trump's efforts to rebuild American manufacturing, the head of a congressional committee on China warned Treasury Secretary Scott Bessent, as Trump prepares to visit Beijing for trade talks. Chinese foreign direct investment into the U.S. has...
By Michael Martina and David Lawder WASHINGTON, March 5 (Reuters) - Reviving market access to Chinese industrial firms would undercut U.S. President Donald Trump's efforts to rebuild American manufacturing, the head of a congressional committee on China warned Treasury Secretary Scott Bessent, as Trump prepares to visit Beijing for trade talks. Chinese foreign direct investment into the U.S. has fallen dramatically in recent years as U.S. officials talk about the need to "de-risk" the United States' economy, though some media reports have suggested the two sides are looking at ways to revive reciprocal investment. John Moolenaar, the Republican chair of the House of Representatives' select committee on China, told Bessent in a letter seen by Reuters that Chinese companies routinely benefit from government support allowing them to operate at a loss and displace U.S. competitors. Inviting them to expand investment in the U.S. would provide relief to China's strained economy and undermine the administration's efforts to safeguard national security and rebuild American industrial strength, Moolenaar told Bessent in the letter dated March 4. "Beijing seeks to subsidize its broken economic model on the back of the American taxpayer and capitalize on the ill-gotten gains of its mass intellectual property theft by exporting its state-subsidized industrial overcapacity to our shores," Moolenaar said. The letter comes ahead of a highly anticipated meeting between Trump and Chinese President Xi Jinping, expected March 31 to April 2. The Trump administration hopes the leaders can agree to extend a delicate tariff truce amid an ongoing industrial and technological rivalry. The U.S. president, using controversial tariffs, has made reviving American manufacturing a focus of his economic agenda, including efforts to win investment commitments from partners and allies in key industries, such as semiconductor fabrication and shipbuilding. But Trump signed an executive order...
The JD.com headquarters building in Beijing. Photo: VCG JD.com Inc. swung to a net loss of 2.7 billion yuan ($391 million) in the fourth quarter of 2025, compared with a profit of 9.9 billion yuan a year earlier, as the fading impact of government trade-in subsidies weighed on its core electronics business and heavy investment in new ventures squeezed margins. The e-commerce company reported fourt...
The JD.com headquarters building in Beijing. Photo: VCG JD.com Inc. swung to a net loss of 2.7 billion yuan ($391 million) in the fourth quarter of 2025, compared with a profit of 9.9 billion yuan a year earlier, as the fading impact of government trade-in subsidies weighed on its core electronics business and heavy investment in new ventures squeezed margins. The e-commerce company reported fourth-quarter revenue of 352.3 billion yuan Thursday, marking growth of 1.5% from a year earlier and slightly beating analysts’ estimates.
Earnings Call Insights: Mistras Group, Inc. (MG) Q4 2025 Management View CEO Natalia Shuman reported "consolidated revenue growth of 5.1% in the fourth quarter versus the prior year," highlighting double-digit growth in aerospace and defense, power generation, and infrastructure end markets. Aerospace and Defense delivered $4.5 million of growth, up 21.9%, and Power Generation was up $3.3 million ...
Earnings Call Insights: Mistras Group, Inc. (MG) Q4 2025 Management View CEO Natalia Shuman reported "consolidated revenue growth of 5.1% in the fourth quarter versus the prior year," highlighting double-digit growth in aerospace and defense, power generation, and infrastructure end markets. Aerospace and Defense delivered $4.5 million of growth, up 21.9%, and Power Generation was up $3.3 million or 33.2% over the prior year quarter. Shuman stated the laboratories business hit a record high, with "61%" growth in the fourth quarter due to a rebuilt structure, a hub-and-spoke operating model, and dynamic pricing. Gross profit margin improved to 28.4%, contributing to GAAP net income of $3.9 million and EPS of $0.12 for the quarter, with adjusted EBITDA of $24.8 million, up 18.2% over the prior year quarter. She emphasized the company's Vision 2030 strategic plan, focusing on expanding wallet share through integrated solutions and data-driven services. The PCMS software offering grew "20.7% in the fourth quarter of 2025 and 25.2% for the full year versus the prior year comparable period." Recent project wins include bridge monitoring contracts and a long-term construction project with Bechtel for a new LNG terminal, as well as partnerships in the data center sector, notably with Batchelor & Kimball. Shuman shared that 2025 saw the building of a new executive team, elimination of unprofitable business, and streamlining of operations, with recent strategic hires such as a Vice President of Building and Infrastructure. CFO Edward Prajzner stated, "gross profit increased to nearly $205 million for the full year 2025, up 6.4% from $192 million for full year 2025, representing a gross profit margin of 28.4%, which was a 190 basis point improvement year-over-year." He added, "GAAP net income of $16.8 million or $0.53 per diluted share for the full year 2025 and non-GAAP net income of $28.1 million or $0.88 per diluted share." Cash from operations in Q4 was $32.1 million with ...
Earnings Call Insights: Global Water Resources, Inc. (GWRS) Q4 2025 Management View Ron Fleming, Chairman, CEO & President, highlighted that "including 2024 and 2025, the test year and post test year for our Santa Cruz Water Company and Palo Verde Utilities Company rate case, we have increased the collective rate baseable assets of our company by $70 million or 59%." He reported a near record year...
Earnings Call Insights: Global Water Resources, Inc. (GWRS) Q4 2025 Management View Ron Fleming, Chairman, CEO & President, highlighted that "including 2024 and 2025, the test year and post test year for our Santa Cruz Water Company and Palo Verde Utilities Company rate case, we have increased the collective rate baseable assets of our company by $70 million or 59%." He reported a near record year for capital investments, with major spending on the recommissioning of the mothballed water reclamation facility in Pinal County and the acquisition of the City of Tucson water systems. Fleming indicated these investments will drive long-term value creation and benefit customers, but also noted increased expenses, including larger depreciation and a one-time asset write-off that negatively impacted income and EPS. Fleming emphasized, "2026 is about working hard to control expenses, and we have reduced the pace of capital investments." He also cited legislative and infrastructure wins in 2025, including Arizona’s Ag-to-Urban water law and full funding for the Highway 347 expansion, both expected to support regional growth. Michael Liebman, Senior VP, CFO & Corporate Secretary, stated, "Total revenue for 2025 was $55.8 million, which was up $3.1 million or 5.8% compared to 2024." He added, "Operating expenses for 2025 increased approximately $5.3 million or 12.2% to $48.6 million compared to $43.3 million in 2024." Christopher Krygier, Chief Operating Officer, reported, "we secured ACC approval to acquire the 7 public water utility systems from the City of Tucson, which we closed in July 2025," and outlined ongoing rate case efforts to secure recovery of recent investments. Outlook Management reiterated the focus on securing rate relief for significant capital investments and rising expenses, with Fleming stating, "we need new rates to keep up with all the investment and inflation that has occurred in our utilities." Krygier confirmed, "Since we last spoke in November, we fi...
Earnings Call Insights: ImmuCell Corporation (ICCC) Q4 2025 Management View P. F. Te Boekhorst, President and CEO, opened by highlighting a successful year, including hiring a new management team, expanding manufacturing capacity, resolving a multiyear backorder, and shifting strategic focus to maximize shareholder value from the First Defense franchise. He stated, "We achieved total product sales...
Earnings Call Insights: ImmuCell Corporation (ICCC) Q4 2025 Management View P. F. Te Boekhorst, President and CEO, opened by highlighting a successful year, including hiring a new management team, expanding manufacturing capacity, resolving a multiyear backorder, and shifting strategic focus to maximize shareholder value from the First Defense franchise. He stated, "We achieved total product sales of $27.6 million, and we earned $1.6 million of net operating profit, which was an improvement of $3.3 million compared to 2024, largely driven by significantly expanded gross margins." The CEO reported, "We compete in a large growing market with a highly differentiated product portfolio that has a lot of runway for further growth domestically and internationally. And so we decided to double down on this successful First Defense franchise." Timothy Fiori, CFO, stated, "Product sales for the fourth quarter of 2025 came in at $7.6 million, a decrease of 1.6% as compared to the fourth quarter of 2024... Domestic sales for Q4 grew 8.7% as compared to the fourth quarter of 2024 to $7 million, while international sales for Q4 declined a bit more than half to about $600,000 in the same period, mainly driven by order timing in Canada." The CFO noted, "Gross margin as a percentage of product sales increased to 38% during Q4 of 2025 compared to 37% during Q4 of 2024. Notably, we achieved this improvement despite Q4 2025 gross margin being suppressed by noncash inventory write-downs." Fiori explained, "In December, we announced a shift away from Re-Tain manufacturing to allow us to focus more on our highly successful First Defense product line. In December, we took a noncash write-down impairment charge of $2.7 million for certain Re-Tain-related property, plant and equipment." The CEO announced, "We previously announced that we are increasing our sales capacity, and I'm pleased to announce that we hired a senior international market development leader, added a new sales manager in t...