Meta Platforms Inc. and its partner EssilorLuxottica SA , out to an early lead in the market for smart glasses, are working through differences over pricing and strategy as demand surges, according to people familiar with the matter. The partners sold more than 7 million Ray-Ban and Oakley AI frames in 2025 — a pace that accelerated with new models introduced in the second half. They are targeting...
Meta Platforms Inc. and its partner EssilorLuxottica SA , out to an early lead in the market for smart glasses, are working through differences over pricing and strategy as demand surges, according to people familiar with the matter. The partners sold more than 7 million Ray-Ban and Oakley AI frames in 2025 — a pace that accelerated with new models introduced in the second half. They are targeting further expansion this year as they seek to consolidate their lead over challengers including Apple Inc. As their ties deepen, Facebook owner Meta and EssilorLuxottica have had repeated, and at times pointed, internal debates over how to price and promote their Ray-Ban Meta smart glasses, said the people, who asked not to be identified discussing private conversations. The disagreements, described as a push-and-pull by one of the people, never escalated into an outright standoff, they said. The distinct priorities of each partner contributed to the tensions within the more than six-year collaboration that’s emerged as one of the most strategically important in consumer technology, the people said. Meta, which bought a stake in EssilorLuxottica last year, and its Paris-based partner have been working through their differences, they said, with people on both sides saying the relationship remains constructive and isn’t at risk. “We’re proud of what we’ve achieved in partnership with Meta,’’ EssilorLuxottica said in response to questions from Bloomberg News. “What began as an ambition to bring together leaders from two distinct worlds has evolved into the first-mover success we’re experiencing today. Our alliance, leveraging strengths from each group, has been very impactful and is stronger than ever.” Menlo Park, California-based Meta said it joined in EssilorLuxottica’s response; both companies declined further comment on their partnership. The partners’ goals have been shaped by their differing backgrounds — one a dominant tech player, the other the world’s largest eyewear ...
For a long time fat was seen simply as an inert yellow substance wrapping around our bodies, but now that’s changing. Scientists are beginning to understand that our fat is actually intricate and dynamic, constantly in conversation with the rest of the body. It’s now even considered by some to be an organ in its own right. To find out more about the complex role fat plays in our health, Ian Sample...
For a long time fat was seen simply as an inert yellow substance wrapping around our bodies, but now that’s changing. Scientists are beginning to understand that our fat is actually intricate and dynamic, constantly in conversation with the rest of the body. It’s now even considered by some to be an organ in its own right. To find out more about the complex role fat plays in our health, Ian Sample hears from co-host Madeleine Finlay and from Declan O’Regan, professor of cardiovascular AI at Imperial College London Support the Guardian: theguardian.com/sciencepod Continue reading...
As senior politicians gathered for a lavish celebration, mass killings underscored the country’s deepening security crisis It has been described as Nigeria’s wedding of the year – and it is only February. This month, five sons and five daughters of the junior defence minister Bello Matawalle married their spouses in an opulent six-day celebration in Abuja. The sheer scale of the extravaganza in th...
As senior politicians gathered for a lavish celebration, mass killings underscored the country’s deepening security crisis It has been described as Nigeria’s wedding of the year – and it is only February. This month, five sons and five daughters of the junior defence minister Bello Matawalle married their spouses in an opulent six-day celebration in Abuja. The sheer scale of the extravaganza in the capital prompted one of the comperes to exclaim on Instagram: “First of its kind … @guinnessworldrecords check this out.” Continue reading...
Andrew Lownie spent years investigating the greed and excesses of Andrew Mountbatten-Windsor and Sarah Ferguson for his book Entitled. Here, the writer reveals the barriers he faced in getting to the truth The Saturday morning I meet Andrew Lownie, the author of “the most devastating royal biography ever written” (according to the Daily Mail), the front page of every newspaper carries the arrest o...
Andrew Lownie spent years investigating the greed and excesses of Andrew Mountbatten-Windsor and Sarah Ferguson for his book Entitled. Here, the writer reveals the barriers he faced in getting to the truth The Saturday morning I meet Andrew Lownie, the author of “the most devastating royal biography ever written” (according to the Daily Mail), the front page of every newspaper carries the arrest of Andrew Mountbatten-Windsor. Some have aerial shots of the police arriving to search his home, most including the now infamous photograph of his face in the back of the police car. He looks hunted, because he literally has been, but his expression is curiously blank, its most legible emotion grievance. One journalist, Lownie says, reported late on the night of Friday’s arrest that: “Andrew still can’t see what the problem is. He thinks he’s been hard done by. He’s obsessed with other details – whether he can take his horses up to Norfolk, who’s going to get the dogs, where he’s going to park his car. It’s a sort of disassociation.” Lownie’s office, in his home a stone’s throw from parliament, is a monument to the success of his book, Entitled: The Rise and Fall of the House of York (along with his other books: one on the Mountbattens , one on Guy Burgess , one to come on Prince Philip). One desk is piled high with books about Andrew and Sarah, some of them by Ferguson herself, others warts-and-all, kiss-and-tell accounts from confidants and clairvoyants. Lownie has stacks of rejected freedom of information requests, from UK Trade and Investment; the Foreign, Commonwealth and Development Office; the Information Commissioner – “They sometimes took so long to respond that they haven’t even downloaded the request before it expires.” He approached 3,000 people from all the way through Mountbatten-Windsor’s life; only a tenth of them would speak to him, which to me feels quite unsurprising, and yet Lownie is indignant. “I wrote to ambassadors, and they said ‘not interested’. Thi...
With the Russian military performing poorly, Ukraine is clarifying strategy and pushing back with modest success Russia’s invasion of Ukraine, now entering its fifth grim year, has already gone on longer than the entire fight on the eastern front in the second world war. The Soviets marched from the gates of Leningrad to Berlin in a little over 15 months in 1944-45; today the Russian rate of gain ...
With the Russian military performing poorly, Ukraine is clarifying strategy and pushing back with modest success Russia’s invasion of Ukraine, now entering its fifth grim year, has already gone on longer than the entire fight on the eastern front in the second world war. The Soviets marched from the gates of Leningrad to Berlin in a little over 15 months in 1944-45; today the Russian rate of gain in Pokrovsk in Ukraine is 70 metres a day, in Kupiansk, 23 metres, according to the Centre for Strategic and International Studies . The gains are trivial, given Ukraine’s size, amounting to 1,865 sq miles during 2025 (about 0.8% of the country) – so the idea touted by the Russians, sometimes accepted by a credulous White House, that Ukraine is suffering a slow-motion defeat, is not accurate. In reality, even allowing for the fact that hundreds of thousands of homes are without electricity, heating and water after Russian bombing, Ukraine is clarifying its strategy and pushing back with modest success. Continue reading...
We could never have imagined such tolerance of Putin’s criminal war. We normalise the horror just to survive On a bright February day, over cups of coffee, my team gathers for a strategy meeting at our office in Lviv, 80km from the border with the EU. Our cultural and research institution – an NGO called Index – documents Ukrainians’ experiences of the war. The coffee is important: our charging st...
We could never have imagined such tolerance of Putin’s criminal war. We normalise the horror just to survive On a bright February day, over cups of coffee, my team gathers for a strategy meeting at our office in Lviv, 80km from the border with the EU. Our cultural and research institution – an NGO called Index – documents Ukrainians’ experiences of the war. The coffee is important: our charging station can power a coffee machine during electricity outages. A member of our board from Kyiv, which has suffered most from Russia’s destruction of Ukraine’s energy infrastructure this winter, delights in this luxury. She is used to climbing 14 flights of stairs with water canisters and boiling coffee on a portable stove in her frozen apartment. As we speak, our screens flash with an alert: a Russian ballistic missile is heading our way. “What shall we do?” a colleague wants to know. I want to finish both the coffee and the discussion. In a minute, we hear the sound of an explosion not far away. The missile has been intercepted. We resume our pondering about how to ensure long-term justice by sharing individuals’ stories of wartime Ukraine. Sasha Dovzhyk is a writer, editor and cultural manager. She is head of INDEX, a Lviv-based cultural and research institute that documents experiences of the war. Continue reading...
watch now In this video SU-FR Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Executive Decisions with Steve Sedgwick He hesitated to take the CEO job. Why Schneider Electric’s Olivier Blum said yes Thrust unexpectedly into the top job, Olivier Blum reveals how resilience, discipline and constant learning shaped his rise to CEO of Schne...
watch now In this video SU-FR Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Executive Decisions with Steve Sedgwick He hesitated to take the CEO job. Why Schneider Electric’s Olivier Blum said yes Thrust unexpectedly into the top job, Olivier Blum reveals how resilience, discipline and constant learning shaped his rise to CEO of Schneider Electric. 32:19 12 minutes ago Steve Sedgwick
I suffered with my mystery illness for decades before gaining a diagnosis. Could retraining my brain be the answer? At the Croydon secondary school I attended in the late 1990s, the deputy headmistress was a stocky woman with a military haircut who patrolled the corridors in voluminous outfits patterned in shades of brown. The outfits were much discussed, not charitably, by the teenage girls in he...
I suffered with my mystery illness for decades before gaining a diagnosis. Could retraining my brain be the answer? At the Croydon secondary school I attended in the late 1990s, the deputy headmistress was a stocky woman with a military haircut who patrolled the corridors in voluminous outfits patterned in shades of brown. The outfits were much discussed, not charitably, by the teenage girls in her charge – as was her voice, which made you think of a blunt knife being drawn across a rough surface. Thirty years later, I can still hear that terrible voice refer to my “mystery illness”. In truth, the deputy headmistress never actually spoke those words – they were included in a typed letter she sent to my parents concerning my prolonged absence from school. Still, the indicting force of five syllables is as distinct in my ear as if she were looming over me. I was 11 and, after coming down with a normal-seeming virus, I simply hadn’t got better. Instead, my system seemed to have become stuck, sunk into some grey, unchanging state. I had a headache, a sore throat and swollen lymph nodes, body pains both dull and sharp, fatigue and weakness, plus something I later learned went by the name of “postural orthostatic tachycardia syndrome”: a faintness and momentary blacking out upon sitting or standing up. When I list the symptoms in this way, as a collection of discrete and manageable items, it seems false. I wish things felt discrete and manageable. Instead, being ill felt – and still feels – more like a thick, obscuring cloud. When that cloud descends, my blood feels like old glue mixed with whatever you’d scrape off the bottom of a Swiffer. During bad episodes, I can’t quite locate my mind, or my personality. Reading is impossible. TV is abrasive. Breathing feels effortful, forming words is a strain. Continue reading...
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This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what they say... More on Today's Markets: Moderation Guidelines: We remove comments under the following categories: Personal attacks on another user account Anti-Vaxxer or covid related misinformation Stereotyping, prejudiced or racist language about individuals or the topic under discussion. Inciting violence messages, encouraging hate groups and political violence. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users. For any issue with regards to comments please email us at : moderation@seekingalpha.com. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run. So-called risk reversals — the difference in cost between options to buy and sell the rand — are signaling concern about the currency after a historic 15% rally over the past year. While many investors remain bullish on the r...
Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run. So-called risk reversals — the difference in cost between options to buy and sell the rand — are signaling concern about the currency after a historic 15% rally over the past year. While many investors remain bullish on the rand, the moves have gone so far that some are speculating the market is due for a pause, especially as investors brace for potential budget surprises this week. The rand has been bolstered by soaring precious-metals prices, a stable and reform-driven coalition government and signs of an economic recovery. That’s left its real effective exchange rate at the most overvalued level in at least five years, according to the Bank for International Settlements. “The market has already priced in much of the good news,” Deutsche Bank AG strategists Danelee Masia and Christian Wietoska wrote in a report. “Further gains will be dependent on concrete execution of the reforms rather than just sentiment.” Three-month risk reversals for the rand-dollar pair climbed to 2.66 percentage points on Monday, the highest on a closing basis since May 2023. A key hurdle on the immediate horizon is Finance Minister Enoch Godongwana’s annual budget, scheduled for Wednesday. Investors will want to see the government using potential revenue windfalls to reduce debt or increase capital investment, rather than current spending, according to Ruen Naidu , a portfolio manager at Ninety One Plc. “The rand will bear the brunt of any disappointment,” he said. Read more: IMF Encourages South Africa to Adopt Fiscal Rule to Curb Debt Lower interest rates are another potential headwind. Markets are pricing in at least two 25-basis-point cuts from the South African Reserve Bank this year as inflation slows toward its 3% target. Traders are also worried about who replaces President Cyril Ramaphosa as head of the ruli...
Artificial intelligence (AI) has fueled the returns of many technology stocks in recent years and, in many cases, has caused companies to shift their focus to AI. That is the case with two AI stocks , Navitas Semiconductor (NASDAQ: NVTS) and Arm Holdings (NASDAQ: ARM) . These technology companies have moved aggressively into AI infrastructure and captured the attention of investors. Navitas, a chi...
Artificial intelligence (AI) has fueled the returns of many technology stocks in recent years and, in many cases, has caused companies to shift their focus to AI. That is the case with two AI stocks , Navitas Semiconductor (NASDAQ: NVTS) and Arm Holdings (NASDAQ: ARM) . These technology companies have moved aggressively into AI infrastructure and captured the attention of investors. Navitas, a chipmaker, has seen its stock price surge 188% over the past 12 months. Continue reading
Presented by Salesforce Smarsh, a global provider of cloud-native, AI-driven solutions that capture, archive, and analyze communications data and intelligence for highly regulated industries, set an ambitious goal: use AI to scale its workforce and increase productivity by 30%. But its customer service team had already identified the real challenge — customers were navigating a maze of products, d...
Presented by Salesforce Smarsh, a global provider of cloud-native, AI-driven solutions that capture, archive, and analyze communications data and intelligence for highly regulated industries, set an ambitious goal: use AI to scale its workforce and increase productivity by 30%. But its customer service team had already identified the real challenge — customers were navigating a maze of products, documentation, and compliance requirements. The solution wasn’t just more automation. It was a single, intelligent entry point into support. "At the team level we asked ourselves, how can we become a better support organization for our regulated industry customers given that we keep on acquiring companies and have so many products to support?" says Rohit Khanna, Smarsh chief customer officer. "How do we harness the knowledge we have internally and present that to these customers in a way that makes our teams more efficient, and customer service more effective?" In practice, that meant building an intelligent, human-centric “front door” trained on Smarsh’s proprietary knowledge. The system centralizes the support journey, distilling complex AI infrastructure into a simple, practical experience. Customers bypass complex navigation trees and describe what they need in plain language, and the AI directs them to the right solution — reducing the friction of traditional self-service. Archie, the Smarsh AI support agent Smarsh named its AI support agent "Archie." While many AI initiatives stall during the last mile — the difficult transition from a successful pilot to a durable, production-scale operation — Smarsh avoided this by building on a deeply unified platform. The company chose Salesforce’s Agentforce 360 Platform to ensure Archie had the shared context, controlled execution, and orchestration required for an agentic enterprise. By deploying Agentforce rather than a bespoke DIY solution, Smarsh ensures Archie can plan and execute work across systems for smarter self-service...
Sundry Photography/iStock Editorial via Getty Images Shares of Keysight Technologies ( KEYS ) have been an excellent performer over the past year, gaining about 40%. With improving trends and less exposure to AI than software-as-a-service businesses, KEYS has been a meaningful outperformer of late. Strong Q1 results have only increased exuberance around the company as it appears to be an AI winner...
Sundry Photography/iStock Editorial via Getty Images Shares of Keysight Technologies ( KEYS ) have been an excellent performer over the past year, gaining about 40%. With improving trends and less exposure to AI than software-as-a-service businesses, KEYS has been a meaningful outperformer of late. Strong Q1 results have only increased exuberance around the company as it appears to be an AI winner, sending shares up another 15% in late trading on Monday. I last covered shares in November , rating Keysight a “hold,” given my view the improved outlook was in valuation, but with shares up 22% since then, that view has been too cautious. With updated financials and a continued rally, now is a good time to revisit Keysight. Seeking Alpha AI Demand Lifts Orders In the company’s fiscal first quarter , Keysight earned $2.17, which beat estimates by $0.17, as revenue surged 23% from last year to $1.6 billion, aided by M&A (ex M&A, it was 14%). Beyond strong financial results, Keysight reported record orders and is proving to be an AI beneficiary. Much of its equipment and software is used to test and optimize manufacturing processes and enable communications. With semiconductors becoming increasingly complex to meet AI requirements, that has increased demand for Keysight’s products. It is also seeing strong demand from the defense sector. In total, the company reported $1.65 billion of orders, which was up 22% on a core basis. As I have written about previously, KEYS had essentially undergone a ~2-year period of stagnation given pressures on EVs and communications cap-ex. Last quarter, it became clear KEYS had returned to a growth footing. Now, we are seeing a surprisingly large acceleration in such a short period of time. This is also flowing to the bottom line, with gross margins up 90bps to 66.7% and operating margins up 20bps to 27.4%. With total orders rising 7% faster than revenue, this positions KEYS well to accelerate revenue growth in coming quarters. Keysight Growt...
A rout in Indian software services stocks deepened after a report from Citrini Research amplified worries about businesses that are vulnerable to the growing influence of artificial intelligence. The NSE Nifty IT Index fell as much as 3.6% on Tuesday and was on pace for a fifth straight day of losses, as Citrini outlined a scenario in which firms including Tata Consultancy Services Ltd. , Infosys ...
A rout in Indian software services stocks deepened after a report from Citrini Research amplified worries about businesses that are vulnerable to the growing influence of artificial intelligence. The NSE Nifty IT Index fell as much as 3.6% on Tuesday and was on pace for a fifth straight day of losses, as Citrini outlined a scenario in which firms including Tata Consultancy Services Ltd. , Infosys Ltd. , and Wipro Ltd. would see contract cancellations accelerate through 2027. India’s IT services firms have become the face of the ‘AI scare trade’ in Asia, even as peers across the region saw shares rise on optimism over hardware buildout. The Indian tech gauge is down about 20% so far this month, wiping out more than $54 billion in market value as investors fear that AI tools like those released by Anthropic will drive down margins going ahead. Infosys led losses Tuesday, falling to its lowest level since June 2023. TCS and Wipro each dropped more than 3%. “The entire model was built on one value proposition: Indian developers cost a fraction of their American counterparts,” the report said. “But the marginal cost of an AI coding agent had collapsed to, essentially, the cost of electricity.” The report also weighed on US markets, dragging down shares of delivery, payments and software companies. International Business Machines Corp. posted its steepest one-day drop in 25 years. Read More: China Defies Global ‘AI Scare Trade’ as Investors Chase Winners
The average one-year price target for Sky Harbour Group Corporation - Equity Warrant (NYSE:SKYH.WS) has been revised to $0.94 / share. This is a decrease of 18.28% from the prior estimate of $1.15 dated February 3, 2026. The price target is an average of many
The average one-year price target for Sky Harbour Group Corporation - Equity Warrant (NYSE:SKYH.WS) has been revised to $0.94 / share. This is a decrease of 18.28% from the prior estimate of $1.15 dated February 3, 2026. The price target is an average of many
Grupo Aeroportuario del Pacifico press release ( PAC ): Q4 Revenue of Ps. 9.89B (+2.7% Y/Y). The sum of aeronautical and non-aeronautical services revenues increased by Ps. 911.4 million, or 12.8%. Total revenues increased by Ps. 267.1 million, or 2.8%. EBITDA increased by Ps. 357.3 million, or 7.5%, an increase from Ps. 4,757.0 million in 4Q24 to Ps. 5,114.3 million in 4Q25. EBITDA margin (exclud...
Grupo Aeroportuario del Pacifico press release ( PAC ): Q4 Revenue of Ps. 9.89B (+2.7% Y/Y). The sum of aeronautical and non-aeronautical services revenues increased by Ps. 911.4 million, or 12.8%. Total revenues increased by Ps. 267.1 million, or 2.8%. EBITDA increased by Ps. 357.3 million, or 7.5%, an increase from Ps. 4,757.0 million in 4Q24 to Ps. 5,114.3 million in 4Q25. EBITDA margin (excluding the effects of IFRIC-12) went from 66.9% in 4Q24 to 63.8% in 4Q25. Comprehensive income decreased by Ps. 781.1 million, or 34.3%, from an income of Ps. 2,274.3 million in 4Q24 to an income of Ps. 1,493.3 million in 4Q25. As of December 31, 2025, the Company reported a financial position of Ps. 10,453.2 million in cash and cash equivalents. Passenger Traffic During 4Q25, the 14 airports operated by GAP recorded a decrease of 139.6 thousand total passengers, representing a 0.9% decrease compared to 4Q24. For 2026, revenue growth is expected to range from 9% to11%.) 2026 vs 2025 Passenger traffic 2% - 5% Aeronautical revenues 9% - 12% Non-aeronautical revenues 6% - 9% Total revenues 8% - 11% EBITDA 8% - 11% EBITDA Margin 65% + - 1% CAPEX Ps. 13.5 billion Click to enlarge More on Grupo Aeroportuario del Pacifico Grupo Aeroportuario del Pacífico reports December 2025 passenger traffic growth in Mexico Grupo Aeroportuario del Pacifico's November passenger traffic falls 2%, domestic jumps 4.8% and international falls 10.8% Seeking Alpha’s Quant Rating on Grupo Aeroportuario del Pacifico Historical earnings data for Grupo Aeroportuario del Pacifico Dividend scorecard for Grupo Aeroportuario del Pacifico