I’ve been watching Tesla’s delivery numbers pretty much every quarter for years now, and this one landed with a thud. Tesla delivered 358,000 vehicles in Q1 2026, missing Wall Street’s expectation of 372,000, and Bloomberg’s Global Business Editor Craig cut right to the heart of it on air. Yeah, this is still what pays the ... Bloomberg: Tesla’s AI dreams don’t change reality, cars still pay the b...
I’ve been watching Tesla’s delivery numbers pretty much every quarter for years now, and this one landed with a thud. Tesla delivered 358,000 vehicles in Q1 2026, missing Wall Street’s expectation of 372,000, and Bloomberg’s Global Business Editor Craig cut right to the heart of it on air. Yeah, this is still what pays the ... Bloomberg: Tesla’s AI dreams don’t change reality, cars still pay the bills
Havana calls releases a humanitarian Holy Week gesture as Russian tankers allowed to reach oil-starved island Cuba has announced plans to pardon 2,010 prisoners as a “humanitarian” gesture during Holy Week, amid heightened US pressure on the government in Havana. The announcement on Thursday came days after Donald Trump eased a de facto oil blockade of Cuba by allowing a Russian tanker to deliver ...
Havana calls releases a humanitarian Holy Week gesture as Russian tankers allowed to reach oil-starved island Cuba has announced plans to pardon 2,010 prisoners as a “humanitarian” gesture during Holy Week, amid heightened US pressure on the government in Havana. The announcement on Thursday came days after Donald Trump eased a de facto oil blockade of Cuba by allowing a Russian tanker to deliver crude oil to the fuel-starved island nation. Continue reading...
(RTTNews) - Wix.com Ltd. (WIX), a SaaS website builder platform, on Friday announced the final results of its modified Dutch auction tender offer, purchasing 17,577,250 shares at $92 per share for an aggregate cost of approximately $1.617 billion.
(RTTNews) - Wix.com Ltd. (WIX), a SaaS website builder platform, on Friday announced the final results of its modified Dutch auction tender offer, purchasing 17,577,250 shares at $92 per share for an aggregate cost of approximately $1.617 billion.
In October 2024, SpaceX achieved something incredible when it landed a rocket it had previously launched into space. It was the first time something like that had been done. And now, with the company's initial public offering (IPO) on the horizon, it stands to change the space investment equation as well. Here's what I mean. Image source: Getty Images. Continue reading
In October 2024, SpaceX achieved something incredible when it landed a rocket it had previously launched into space. It was the first time something like that had been done. And now, with the company's initial public offering (IPO) on the horizon, it stands to change the space investment equation as well. Here's what I mean. Image source: Getty Images. Continue reading
Shares in gold miner SSR Mining (NASDAQ: SSRM) rose by 19.9% in the week to Friday morning. The increase in the stock price is obviously good news for shareholders, and there are stock-specific reasons beyond the increase in gold prices this week. Still, investors buying into the stock and the sector on the basis that it would provide a haven would ultimately like to see some non-correlated perfor...
Shares in gold miner SSR Mining (NASDAQ: SSRM) rose by 19.9% in the week to Friday morning. The increase in the stock price is obviously good news for shareholders, and there are stock-specific reasons beyond the increase in gold prices this week. Still, investors buying into the stock and the sector on the basis that it would provide a haven would ultimately like to see some non-correlated performance before feeling fully confident in holding the stock. As readers already know, there's plenty of evidence that speculative money flowed into gold and silver last year, even as demand destruction (notably in jewelry) due to high prices also emerged. Image source: Getty Images. Continue reading
ismagilov/iStock via Getty Images Just a few days ago, Check Point Software ( CHKP ) filed its 20F with the SEC , and although we already knew the figures since February 12, I always like to review the report in detail to find or connect different pieces of the puzzle to answer the questions I ask myself. Nadav Zafrir is completing his first year as CEO, so it is already becoming a sufficient time...
ismagilov/iStock via Getty Images Just a few days ago, Check Point Software ( CHKP ) filed its 20F with the SEC , and although we already knew the figures since February 12, I always like to review the report in detail to find or connect different pieces of the puzzle to answer the questions I ask myself. Nadav Zafrir is completing his first year as CEO, so it is already becoming a sufficient timeframe to evaluate the outcome of the direction he wanted to take. Specifically, he promised to accelerate the subscriptions business, contain margins, and return to robust new customer acquisition with a focus on the US. The result? He meets the first commitment with 11.5% growth in subscriptions, and misses on operating margin by three times what was anticipated, and what carries more weight for me, which is new customer acquisition, we have a total of 20,000 net new customers in email security. However, in SASE two thirds of growth comes from upsell to the existing firewall base, not from new customers. For me, he delivers on the basics, but if we take into account that markets price in expectations, it does not seem that these are enough. Data by YCharts The engine is losing pressure CHKP’s core business is enterprise firewall, and still today it represents, according to my estimate reviewing the accounting lines , around 72% of revenue , so any analysis has to start and place this vertical at the center. A global market with a size of around $12B or $13B , with a projected double- digit growth through 2030 , so taking into account that the company’s annual growth hovers around 6%, we may have the first clue behind the market’s discount with that growth gap. If we now look at market share to check whether this is common across the sector, I will start by naming the main players, such as the clear leader, which is Palo Alto ( PANW ) with approximately 28% market share , practically doubling the next competitors Cisco ( CSCO ) and Fortinet ( FTNT ), which each hold around ...
Pakistanis faced record fuel price increases on Friday, as petrol and diesel prices rose by up to 54 per cent driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation already grappling with high inflation, as economists warned the hike would push up food prices and living costs. Pakistan’s Petroleum Minister Pervez Malik ...
Pakistanis faced record fuel price increases on Friday, as petrol and diesel prices rose by up to 54 per cent driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation already grappling with high inflation, as economists warned the hike would push up food prices and living costs. Pakistan’s Petroleum Minister Pervez Malik said late on Thursday that the increase was “unavoidable”. He said the government was forced to...