(RTTNews) - International Business Machines Corp. (IBM), a technology company, on Thursday announced a strategic collaboration with Arm Holdings plc (ARM) to develop dual-architecture hardware for AI and data-intensive enterprise workloads.
(RTTNews) - International Business Machines Corp. (IBM), a technology company, on Thursday announced a strategic collaboration with Arm Holdings plc (ARM) to develop dual-architecture hardware for AI and data-intensive enterprise workloads.
Hong Kong’s CLP Power will distribute HK$100 (US$13) consumption coupons to about 600,000 eligible customers, including the elderly receiving concessionary tariffs, using HK$60 million from the company’s Community Energy Saving Fund. The initiative follows the power company’s earlier announcement that it would raise its fuel cost adjustment (FCA) charge starting this month, citing a discrepancy be...
Hong Kong’s CLP Power will distribute HK$100 (US$13) consumption coupons to about 600,000 eligible customers, including the elderly receiving concessionary tariffs, using HK$60 million from the company’s Community Energy Saving Fund. The initiative follows the power company’s earlier announcement that it would raise its fuel cost adjustment (FCA) charge starting this month, citing a discrepancy between forecast and actual fuel prices amid the United States-Israel war against Iran, which has...
Earnings Call Insights: FitLife Brands (FTLF) Q4 2025 Management View CEO Dayton Judd said Q4 was “the first full quarter that includes the financial results for Irwin Naturals,” and framed 2025 performance as “a strong year for all of our brand groupings other than MRC.” He reported legacy FitLife (excluding MRC and MusclePharm) delivered “organic revenue growth of approximately 6%,” with “online...
Earnings Call Insights: FitLife Brands (FTLF) Q4 2025 Management View CEO Dayton Judd said Q4 was “the first full quarter that includes the financial results for Irwin Naturals,” and framed 2025 performance as “a strong year for all of our brand groupings other than MRC.” He reported legacy FitLife (excluding MRC and MusclePharm) delivered “organic revenue growth of approximately 6%,” with “online revenue… increased approximately 16%,” while “MRC revenue declined approximately 15%.” Judd detailed Irwin “normalized” revenue after the loss of Costco U.S., Rite Aid, and the CBD exit, stating: “Irwin’s net revenue for the full year of 2024 would have been $54 million, and its revenue for the full year of 2025 would have been $54 million,” and for Q4 (first full quarter owned) “Irwin delivered organic growth of approximately 6% compared to the fourth quarter of 2024.” Judd reported Q4 consolidated results and mix: “Total revenue was $25.9 million,” with “wholesale revenue… $15.5 million” and “online revenue… $10.5 million.” He added, “Excluding the amortization of the inventory step-up… gross margin was 37.0%,” and “Adjusted EBITDA was $3.5 million.” Judd highlighted legacy FitLife weakness, saying it “accelerated late in the fourth quarter and into the first quarter,” and reported legacy FitLife Q4 revenue of “$13.3 million,” with a “12% decrease in total revenue.” Judd emphasized Irwin’s Amazon ramp: “approximately $60,000 of revenue in October, $300,000… in November and almost $500,000… in December,” adding that by Q1 2026 monthly revenue was “approximately $0.8 million,” which he characterized as “roughly $9 million to $10 million of annual revenue on a run rate basis.” No CFO prepared-remarks quote was included in the transcript; CEO Judd noted CFO Jakob York attended the call. Outlook Judd said, “we are going to hold off on providing any kind of formal guidance at this point in time,” citing “weakness in the first quarter” and uncertainty around “how long the exoge...
Chip Somodevilla/Getty Images News President Donald Trump said the U.S. will strike Iran “extremely hard” over the next two to three weeks, while signaling the conflict could be short-lived and that talks with Tehran remain ongoing, keeping the door open for a diplomatic resolution. In a rare prime-time address on Wednesday, President Donald Trump portrayed the Iran war as nearing success, saying ...
Chip Somodevilla/Getty Images News President Donald Trump said the U.S. will strike Iran “extremely hard” over the next two to three weeks, while signaling the conflict could be short-lived and that talks with Tehran remain ongoing, keeping the door open for a diplomatic resolution. In a rare prime-time address on Wednesday, President Donald Trump portrayed the Iran war as nearing success, saying U.S. forces had largely achieved their objectives, including crippling Iran’s missile capabilities and degrading its air force, navy and industrial base. He said the campaign would weaken Tehran’s proxies and block its path to nuclear weapons. “Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.” Trump signaled a potential escalation in military action, saying the U.S. could intensify strikes over the next two to three weeks and warning Iran would be pushed “back to the stone ages.” At the same time, he left the door open to diplomacy, saying talks are ongoing. However, he cautioned that if no deal is reached, the U.S. could “hit each and every one of their electric generating plants very hard and probably simultaneously.” Secretary of State Marco Rubio echoed Trump’s message, outlining what the administration described as its core objectives in Iran: dismantling the country’s weapons production, degrading its navy and air force, and ensuring it cannot develop nuclear weapons. Trump’s remarks unsettled investors. U.S. West Texas Intermediate crude futures ( CL1:COM ) gained 4.7% to $104.21 a barrel. ET. International benchmark Brent crude futures ( CO1:COM ) rose 5.9% to $107.1 per barrel. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ), ( XLE ) Treasury yields rose, with the benchmark U.S. 1...
Asean’s neutrality in the Iran conflict is key to granting access to the coveted Strait of Hormuz, with Tehran likely seeking to win global opinion amid its war with the United States and Israel. Amid boiling tensions in the Gulf, Iran has wielded its control of the strategic channel to choke global oil supplies, especially to the US and its allies. Many countries – including those from the Associ...
Asean’s neutrality in the Iran conflict is key to granting access to the coveted Strait of Hormuz, with Tehran likely seeking to win global opinion amid its war with the United States and Israel. Amid boiling tensions in the Gulf, Iran has wielded its control of the strategic channel to choke global oil supplies, especially to the US and its allies. Many countries – including those from the Association of Southeast Asian Nations – have turned to diplomatic efforts to secure safe passage for...