The multiple investigations into xAI’s ( X.AI ) creation and dissemination of sexually abusive imagery may lead the company to lose access to certain markets, parent company SpaceX ( SPACE ) warned in a prospectus reviewed by Reuters . In a section on risk factors, the S-1 regulatory filing said a number of agencies around the world were “actively investigating and making inquiries relating to s...
The multiple investigations into xAI’s ( X.AI ) creation and dissemination of sexually abusive imagery may lead the company to lose access to certain markets, parent company SpaceX ( SPACE ) warned in a prospectus reviewed by Reuters . In a section on risk factors, the S-1 regulatory filing said a number of agencies around the world were “actively investigating and making inquiries relating to social media or the use of AI” in relation to advertising, consumer protection and the distribution of harmful content, among other matters. The news comes after SpaceX hosted analysts at its Colossus supercomputer in Memphis, Tennessee, on Thursday, gearing up for its $1.75T IPO expected this summer. U.S. securities law requires companies to disclose such risk factors, alerting investors to potential pitfalls while also helping protect companies against future legal liability. The disclosures do not necessarily mean each listed outcome is expected to occur, the report added. One challenge the Elon Musk-led company highlighted was that it faced “allegations that our AI products were used to create nonconsensual explicit images or content representing children in sexualized contexts," the S-1 document said. Such regulatory inquiries could expose SpaceX to lawsuits, liability and government action – “including loss of access to certain markets, which has occurred in the past,” the document stated. The report said it was not clear whether potential regulatory action could prevent SpaceX as a whole from accessing certain markets or just its subsidiary, xAI, specifically. More on SpaceX, Tesla, etc. Tesla's Terafab Dream Tesla Q1 Earnings Review: Joining The CapEx Race Tesla Q1: Trading On Belief, Not Results Tesla after earnings: What do technicals now signal for shares? SpaceX IPO pitch is said to bet less on rockets, more on $28.5T in AI
Caocao Inc, the ride-hailing arm of Chinese automaker Geely Holding Group, plans to deploy thousands of robotaxis globally next year, its CEO said on Friday, setting up a potential rivalry with Tesla's Cybercab. Large-scale delivery and deployment of the Geely-made purpose-built robotaxi Eva Cab is expected in 2028 before the fleet expands to 100,000 by 2030, Caocao CEO Gong Xin told Reuters du...
Caocao Inc, the ride-hailing arm of Chinese automaker Geely Holding Group, plans to deploy thousands of robotaxis globally next year, its CEO said on Friday, setting up a potential rivalry with Tesla's Cybercab. Large-scale delivery and deployment of the Geely-made purpose-built robotaxi Eva Cab is expected in 2028 before the fleet expands to 100,000 by 2030, Caocao CEO Gong Xin told Reuters during the Beijing auto show. The Eva Cab will initially be put on the roads of Abu Dhabi, Hong Kong and five mainland Chinese cities next year, he said, adding that production, delivery and deployment would be almost simultaneous.
ENI press release ( E ): Q1 GAAP EPS of €0.04. Revenue of €20.06B (+4.5% Y/Y). Production 1.80M BOE/D (est 1.78M). Adj. Oper Profit €2.42B (est. €2.84B). Boosts 2026 Share Buyback To €2.8B. Confirms 2026 Outlook: Specifically our segmental guidance is providing: FY’26 underlying oil & gas production growth expected at 3-4%. FY’26 GGP adjusted proforma EBIT guided at around €1.3 bln, up 30% from th...
ENI press release ( E ): Q1 GAAP EPS of €0.04. Revenue of €20.06B (+4.5% Y/Y). Production 1.80M BOE/D (est 1.78M). Adj. Oper Profit €2.42B (est. €2.84B). Boosts 2026 Share Buyback To €2.8B. Confirms 2026 Outlook: Specifically our segmental guidance is providing: FY’26 underlying oil & gas production growth expected at 3-4%. FY’26 GGP adjusted proforma EBIT guided at around €1.3 bln, up 30% from the initial forecast. Enilive and Plenitude: FY proforma adjusted EBITDA respectively of around €1.1 bln and €1.3 bln. End of year installed renewable capacity at 6.5 GW (Plenitude @100%); biorefinery capacity at 2.1 MTPA plus 2 MTPA under construction (net Enilive). On the financial side, we expect: At a revised Brent scenario of 83 $/bbl, SERM refining margin at 8 $/bbl, TTF gas price at 50 €/MWh, at an exchange rate EUR/USD of 1.15, adjusted CFFO to amount to €13.8 bln representing an underlying improvement vs Group’s sensitivities (€0.11 bln and €0.09 bln per each one-dollar change in the Brent price and SERM margin respectively; €0.03 bln for each one-euro per MWh change in the spot price of European gas). Gross capex and net capex confirmed at €7 bln and €5 bln, respectively. Gearing at the lower end of the 10-15% guided range. Shareholders’ returns: Confirmed the planned 2026 dividend of €1.1 per share (up 5% vs. 2025). More on ENI Eni Returned Over 100% Since My Buy Call: Here Is How Much Upside Is Left Eni S.p.A. (E) Analyst/Investor Day - Slideshow Eni S.p.A. (E) Analyst/Investor Day Transcript Eni, Repsol plan to start exporting Venezuelan gas by 2031 - Bloomberg Eni makes major gas discovery offshore Indonesia
Burger King in Japan is tempting franchisees of rival fast-food brands like McDonald’s and Mos Burger by offering them 40 million yen (US$250,000) cashback to jump ship. The offer, under its franchise switching plan, is on the table until 3pm on September 30, according to a statement by the chain issued on Wednesday. Applicants must have been in business for at least three years, submit financial ...
Burger King in Japan is tempting franchisees of rival fast-food brands like McDonald’s and Mos Burger by offering them 40 million yen (US$250,000) cashback to jump ship. The offer, under its franchise switching plan, is on the table until 3pm on September 30, according to a statement by the chain issued on Wednesday. Applicants must have been in business for at least three years, submit financial statements for the past three financial years and identify a general manager for the converted...
Earnings Call Insights: Columbia Banking System (COLB) Q1 2026 Management View “Our first quarter results reflected continued execution against the same core priorities we have previously outlined, delivering consistent, repeatable results, optimizing our balance sheet and returning excess capital to shareholders.” (President, CEO & Chairman of the Board Clint Stein) “We also completed the Pac Pre...
Earnings Call Insights: Columbia Banking System (COLB) Q1 2026 Management View “Our first quarter results reflected continued execution against the same core priorities we have previously outlined, delivering consistent, repeatable results, optimizing our balance sheet and returning excess capital to shareholders.” (President, CEO & Chairman of the Board Clint Stein) “We also completed the Pac Premier systems conversion and consolidated 9 branches during the quarter, putting us on track for full realization of all acquisition-related cost savings by the end of this quarter.” (President, CEO & Chairman of the Board Stein) “Given our current capital position and strong forward outlook, we increased our pace of buybacks during the first quarter, returning $200 million to our shareholders.” (President, CEO & Chairman of the Board Stein) “We reported earnings per share of $0.66 and operating earnings per share of $0.72 for the first quarter.” (CFO & Executive Vice President Ivan Seda) “Net interest margin was 3.96% for the first quarter, right at the top end of the range that I outlined in our last call.” (CFO & Executive Vice President Seda) “New loan origination volume of $1.2 billion was up 38% from the year ago quarter.” (Senior EVP & Co-President of Columbia Bank Torran Nixon) Outlook “Following the modest earning asset contraction during the first quarter, we expect the balance sheet size to remain relatively stable with commercial loan growth offset by contraction in the transactional portfolio.” (CFO & Executive Vice President Seda) “We continue to expect noninterest revenues in the low to mid-$80 million range for Q2.” (CFO & Executive Vice President Seda) “Excluding CDI amortization, we expect noninterest expense in the $335 million to $345 million range for the second quarter before declining in the third quarter as we realize all cost savings related to the transaction by June 30.” (CFO & Executive Vice President Seda) “I think we will be roughly at that 4% m...