Shopify Inc press release ( SHOP ): Q4 net income of $743M Revenue of $3.67B (+30.6% Y/Y) beats by $80M . Three months ended December 31, Years ended December 31, 2025 2024 2025 2024 GMV 123,841 94,460 378,441 292,275 MRR 205 178 205 178 Click to enlarge Shopify's Board of Directors has authorized a share repurchase program of up to $2 billion. For the first quarter of 2026, we expect: Revenue to ...
Shopify Inc press release ( SHOP ): Q4 net income of $743M Revenue of $3.67B (+30.6% Y/Y) beats by $80M . Three months ended December 31, Years ended December 31, 2025 2024 2025 2024 GMV 123,841 94,460 378,441 292,275 MRR 205 178 205 178 Click to enlarge Shopify's Board of Directors has authorized a share repurchase program of up to $2 billion. For the first quarter of 2026, we expect: Revenue to grow at a low-thirties percentage rate on a year-over-year basis, similar to Q4 2025; Gross profit dollars to grow at a high-twenties percentage rate on a year-over-year basis; Operating expenses as a percentage of revenue to be 37% to 38%; Stock-based compensation to be $140 million; and Free cash flow margin to be in the low-to-mid teens, slightly below Q1 of 2025. Shares +8% PM. More on Shopify Inc Upgrading Shopify On Agentic Commerce Inflection Point (Earnings Preview) Shopify's Bear Case Is Fading As AI Commerce Accelerates (Rating Upgrade) Shopify: Expecting Choppier Trading Ahead, But Remains A Long-Term Buy Shopify Q4 earnings preview: Agentic commerce and international expansion in focus Earnings week ahead: F, KO, CSCO, SHOP, MCD, BP, AMAT, COIN, MRNA, ROKU, and more
On Feb. 3, 2026, Oxbow Advisors, LLC reported selling 342,176 shares of Vanguard Institutional Index Funds - Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL) , an estimated $25.83 million trade based on quarterly average pricing. According to a Feb. 3, 2026, SEC filing , Oxbow Advisors, LLC reduced its position in Vanguard Institutional Index Funds - Vanguard 0-3 Month Treasury Bill ETF by 342,1...
On Feb. 3, 2026, Oxbow Advisors, LLC reported selling 342,176 shares of Vanguard Institutional Index Funds - Vanguard 0-3 Month Treasury Bill ETF (NASDAQ:VBIL) , an estimated $25.83 million trade based on quarterly average pricing. According to a Feb. 3, 2026, SEC filing , Oxbow Advisors, LLC reduced its position in Vanguard Institutional Index Funds - Vanguard 0-3 Month Treasury Bill ETF by 342,176 shares. The estimated value of the shares sold was $25.83 million, calculated using the average price during the fourth quarter. The quarter-end value of the VBIL stake declined by $26.20 million, a figure that includes both trading activity and price changes. Vanguard 0-3 Month Treasury Bill ETF provides investors with a cost-effective vehicle for accessing the U.S. Treasury bill market, focusing on securities with maturities of three months or less. The fund's disciplined sampling approach allows it to closely track its benchmark while maintaining a high degree of liquidity and minimal interest rate risk. This strategy appeals to risk-averse investors seeking stability and efficient cash management solutions. Continue reading
alle12 Heineken ( HEINY ) ( HINKF ) reported a solid but mixed 2025, with profit growth driven by price/mix and cost savings against a backdrop of weaker volume and tougher beer demand. For the full year, Heineken ( HEINY ) said 2025 organic operating profit rose 4.4%, with the operating margin expanding by 41 basis points to 15.2%, even as total consolidated volume declined 1.2% and reported reve...
alle12 Heineken ( HEINY ) ( HINKF ) reported a solid but mixed 2025, with profit growth driven by price/mix and cost savings against a backdrop of weaker volume and tougher beer demand. For the full year, Heineken ( HEINY ) said 2025 organic operating profit rose 4.4%, with the operating margin expanding by 41 basis points to 15.2%, even as total consolidated volume declined 1.2% and reported revenue and net revenue fell on currency and consolidation effects. Net revenue was up 1.6% organically, helped by a 3.8% increase in net revenue per hectoliter, and Heineken-branded volume increased 2.7%, supporting the company’s premiumization strategy. Looking ahead, Heineken guided to slower 2026 organic operating-profit growth of 2% to 6%, below the 4% to 8% target previously set for 2025. The beer giant cited a subdued beer consumption environment and macro headwinds. In addition, Heineken ( HEINY ) announced a "significant cost intervention" over the next two years, including plans to cut up to roughly 6,000 roles globally. The company aims for higher people productivity, faster decision-making, and improved efficiency under its EverGreen 2030 framework. Heineken ( HEINY ) also reiterated its focus on premium and alcohol-free brands. Weighing in on the report, RBC Capital Markets analyst James Edwardes Jones said Heineken ( HEINY ) has continued its policy of ensuring expectations and exceeding them. He pointed to the sequential improvement of Q4 organic sales growth as a positive. Shares of Heineken ( HEINY ) were up 3.6% in Amsterdam trading following the earnings update. More on Heineken N.V. Heineken N.V. 2025 Q4 - Results - Earnings Call Presentation Heineken Non-GAAP EPS of €4.78, revenue of €28.75B; initiates FY outlook Seeking Alpha’s Quant Rating on Heineken N.V. Historical earnings data for Heineken N.V. Financial information for Heineken N.V.
onurdongel/iStock via Getty Images Energy Transfer Q4 Earnings Preview I last covered Energy Transfer LP ( ET ) (note that it is an MLP that issues a K-1 tax form) a couple of times last year, where I explained why I decided to add it to my portfolio , despite it not generating as strong returns on its retained distributable cash flow as some of its peers. The reason I bought it was that it had la...
onurdongel/iStock via Getty Images Energy Transfer Q4 Earnings Preview I last covered Energy Transfer LP ( ET ) (note that it is an MLP that issues a K-1 tax form) a couple of times last year, where I explained why I decided to add it to my portfolio , despite it not generating as strong returns on its retained distributable cash flow as some of its peers. The reason I bought it was that it had lagged the broader sector and had therefore become so cheap that it was extremely cheap relative to peers. Since then, there has been significant unit price appreciation, making it a very successful investment. However, despite that unit price appreciation, I still view it as slightly undervalued, especially compared to peers. In this article, I'm going to detail what I'm going to be watching closely heading into its upcoming Q4 earnings report. While obviously the Q4 results will be important and looked at, even more important for ET in this announcement will be the trajectory of where the company is headed. In particular, there will be three main areas where I will be focused that will signal where the company is headed for the long term. Per-Unit Value Creation: Is The Accretion Finally Accelerating? First, I will be asking, what is the outlook for their per-unit value creation? ET has been spending a lot and accomplishing a lot through its growth projects, mergers, and acquisitions in recent years. While it has successfully deleveraged its balance sheet, earned a credit rating upgrade, and grown its distribution, it has not generated nearly the distributable cash flow nor distribution per unit growth that the amount of investment and activity it has engaged in should warrant. Thus, as always, I will be watching to see any signs of management pivoting towards more aggressive distribution growth and/or unit repurchases, though I'm not holding my breath given ET's track record of favoring aggressive capex spending over capital returns to unitholders. Thus, the big takeaway h...
KING OF PRUSSIA, Pa., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2025. “In 2025, Vertex delivered double-digit revenue growth and meaningful profitability improvements while making important investments in the...
KING OF PRUSSIA, Pa., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2025. “In 2025, Vertex delivered double-digit revenue growth and meaningful profitability improvements while making important investments in the future,” said Christopher Young, President and Chief Executive Officer of Vertex. “We sustained our market position as the leading provider of indirect tax solutions to the enterprise and continued to onboard new customers at a healthy pace. In addition, our e-invoicing business enjoyed accelerating growth in its first full year, while setting the stage for upcoming mandates in key European economies.” Mr. Young continued, “Looking forward, I believe Vertex has a significant opportunity to accelerate revenue growth and improve profitability. We have near-term growth tailwinds including upcoming e-invoicing mandates in France and Germany, the two largest economies in Europe. In addition, Vertex is well-positioned to help tax departments improve their workflows with Artificial Intelligence. As an example, our new AI-driven Smart Categorization offering has delivered early traction, with several marquee wins with our enterprise customers. I am working closely with our teams as we execute on these opportunities, which I believe will extend Vertex’s leadership position, deliver sustainable and accelerating growth, and increase shareholder value.” Fourth Quarter 2025 Financial Results Total revenues of $194.7 million, up 9.1% year-over-year. Software subscription revenues of $166.2 million, up 8.9% year-over-year. Cloud revenues of $94.6 million, up 23.0% year-over-year. Annual Recurring Revenue (“ARR”) was $671.0 million, up 11.3% year-over-year. Average Annual Revenue per direct customer (“AARPC”) was $137,867 at December 31, 2025, compared to $122,706 at December 31, 2024, an...
Kraft Heinz press release ( KHC ): Q4 Non-GAAP EPS of $0.67 beats by $0.06 . Revenue of $6.35B (-3.5% Y/Y) misses by $20M . Gross profit margin decreased 150 basis points to 32.6%; Adjusted Gross Profit Margin decreased 130 basis points to 33.1% Operating Income/(Loss) was income of $1.1 billion; Adjusted Operating Income was $1.2 billion, down 15.9%. Diluted EPS was $0.55, down 68.8%; Adjusted EP...
Kraft Heinz press release ( KHC ): Q4 Non-GAAP EPS of $0.67 beats by $0.06 . Revenue of $6.35B (-3.5% Y/Y) misses by $20M . Gross profit margin decreased 150 basis points to 32.6%; Adjusted Gross Profit Margin decreased 130 basis points to 33.1% Operating Income/(Loss) was income of $1.1 billion; Adjusted Operating Income was $1.2 billion, down 15.9%. Diluted EPS was $0.55, down 68.8%; Adjusted EPS was $0.67, down 20.2% Outlook 2026: Adjusted EPS in the range of $1.98 to $2.10. The Company expects an effective tax rate on Adjusted EPS to be approximately 25.5 percent. More on Kraft Heinz Kraft Heinz: Berkshire May Be Out Of The Equation And What That Means For Shareholders Kraft Heinz: Institutional Investors Likely Reaching A Tipping Point Kraft Heinz: A Deep Value Play With Catalysts Kraft Heinz faces bottom-line pressure as Q4 earnings seen falling 27% Earnings week ahead: F, KO, CSCO, SHOP, MCD, BP, AMAT, COIN, MRNA, ROKU, and more
Torsten Asmus/iStock via Getty Images By Gene Tannuzzo, CFA & Ed Al-Hussainy Fixed‑income markets have entered 2026 on steady footing, even as political and policy noise picks up. Bond yields remain high and attractive across the fixed-income spectrum. That fact is forcing investors to choose between staying in cash at roughly 3% or adding duration to capture higher yields and potential total‑retu...
Torsten Asmus/iStock via Getty Images By Gene Tannuzzo, CFA & Ed Al-Hussainy Fixed‑income markets have entered 2026 on steady footing, even as political and policy noise picks up. Bond yields remain high and attractive across the fixed-income spectrum. That fact is forcing investors to choose between staying in cash at roughly 3% or adding duration to capture higher yields and potential total‑return upside. Meanwhile, geopolitical headlines have been loud, but the underlying drivers of bond returns continue to be fundamentals and market technicals, which leave our fixed-income playbook unchanged. With the government trying to run the economy hot, we look at what’s changed and what hasn’t changed for bonds so far this year. What’s changed: Political noise is louder Three policy‑linked themes have intensified in early 2026: Run the economy hot. Affordability concerns have become central as Republicans try to set the stage ahead of November’s midterm elections. Proposals are being floated around health care subsidies, energy costs, credit card rate caps and housing - including renewed discussion of expanded Fannie Mae and Freddie Mac mortgage purchases. While “$200 billion” headlines attract attention, these purchases fall within existing statutory caps and function more like incremental support than a meaningful structural shift. Banning institutional investors from purchasing homes is another political idea that is unlikely to achieve the intended housing affordability objective. Attempts to cap credit card interest could backfire if credit providers back away from less profitable business. The headlines are largely noise and are unlikely to impact late-cycle economic dynamics ahead of elections. Tariff and trade politics. While the political attempts to onshore more manufacturing and create more jobs at home are not new, it appears that the market is increasingly dismissing any potential economic impact from new tariffs. The tariff threat against the EU over attempt...
The Chefs' Warehouse press release ( CHEF ): Q4 Non-GAAP EPS of $0.68 beats by $0.06 . Revenue of $1.14B (+10.7% Y/Y) beats by $40M . Organic sales increased $99.9 million, or 9.7% versus the prior year quarter. Sales growth of $9.1 million, or 0.8%, resulted from acquisitions. Organic case count increased approximately 3.3% in the Company’s specialty category for the fourth quarter of 2025 with u...
The Chefs' Warehouse press release ( CHEF ): Q4 Non-GAAP EPS of $0.68 beats by $0.06 . Revenue of $1.14B (+10.7% Y/Y) beats by $40M . Organic sales increased $99.9 million, or 9.7% versus the prior year quarter. Sales growth of $9.1 million, or 0.8%, resulted from acquisitions. Organic case count increased approximately 3.3% in the Company’s specialty category for the fourth quarter of 2025 with unique customer and placement increases of 1.2% and 4.2% respectively, compared to the fourth quarter of 2024. Organic pounds sold in the Company’s center-of-the-plate category decreased approximately 2.4% for the fourth quarter of 2025 compared to the prior year quarter, primarily due to our exit of a non-core commodity poultry program in fiscal 2025. We are providing our fiscal 2026 full year financial guidance as follows: Net sales in the range of $4.35 billion to $4.45 billion vs $4.40B consensus Gross profit to be between $1.053 billion and $1.076 billion and Adjusted EBITDA 1 to be between $276 million and $286 million. More on The Chefs' Warehouse The Chefs' Warehouse No Longer Looks As Tasty As It Once Did (Downgrade) The Chefs' Warehouse, Inc. (CHEF) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript The Chefs' Warehouse Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on The Chefs' Warehouse Historical earnings data for The Chefs' Warehouse
Criteo S.A. press release ( CRTO ): Q4 Non-GAAP EPS of $1.30. Revenue of $541M (-2.2% Y/Y). Fiscal year 2026 guidance: Contribution ex-TAC growth of flat to +2% at constant currency Adjusted EBITDA margin of approximately 32% to 34% of Contribution ex-TAC First quarter 2026 guidance: Contribution ex-TAC between $245 million and $250 million, or -11% to -9% year-over-year at constant-currency Adjus...
Criteo S.A. press release ( CRTO ): Q4 Non-GAAP EPS of $1.30. Revenue of $541M (-2.2% Y/Y). Fiscal year 2026 guidance: Contribution ex-TAC growth of flat to +2% at constant currency Adjusted EBITDA margin of approximately 32% to 34% of Contribution ex-TAC First quarter 2026 guidance: Contribution ex-TAC between $245 million and $250 million, or -11% to -9% year-over-year at constant-currency Adjusted EBITDA between $50 million and $55 million More on Criteo S.A. Criteo: Amazon Risks Are Real, But Cheap Multiples Warrant A Buy As The Market Shrugs Off Another Criteo Earnings Beat, Contrarians Should Take Note Criteo S.A. Q4 2025 Earnings Preview Holiday movies, key games boost viewership for Disney, Warner Bros. in December — Nielsen Seeking Alpha’s Quant Rating on Criteo S.A.
MBA Mortgage Applications Composite Index: -0.3% to 329.9, compared to -8.9% to 330.8 in the prior week Purchase Index: -2.4% to 161.5, vs. -14.4% to 165.4 a week ago Refinance Index: +1.2% to 1,284.6, vs. -4.7% to 1,269.7 a week ago 30-year fixed-rate mortgages came in at 6.21%, compared to 6.21% last week "FHA purchase and refinance applications increased, helped partially by the FHA rate declin...
MBA Mortgage Applications Composite Index: -0.3% to 329.9, compared to -8.9% to 330.8 in the prior week Purchase Index: -2.4% to 161.5, vs. -14.4% to 165.4 a week ago Refinance Index: +1.2% to 1,284.6, vs. -4.7% to 1,269.7 a week ago 30-year fixed-rate mortgages came in at 6.21%, compared to 6.21% last week "FHA purchase and refinance applications increased, helped partially by the FHA rate declining and remaining 20 basis points lower than the conforming 30-year fixed rate," said Joel Kan, Mortgage Bankers Association's vice president and deputy chief economist. "Borrowers are increasingly utilizing FHA loans as affordability challenges remain, despite recent improvements," said Kan. More related to Mortgages U.S. Q4 GDP estimate cut to 3.7% growth as consumer spending moderates Long-term mortgage rates remain at lowest level in years
Unity Software Inc press release ( U ): Q4 Non-GAAP EPS of $0.24 beats by $0.03 . Revenue of $503M (+10.0% Y/Y) beats by $10.18M . Create Solutions revenue was $165 million, compared to $152 million in the fourth quarter 2024. Grow Solutions revenue was $338 million, compared to $305 million in the fourth quarter 2024. We expect First Quarter Revenue of $480 million to $490 million. In Grow, we ex...
Unity Software Inc press release ( U ): Q4 Non-GAAP EPS of $0.24 beats by $0.03 . Revenue of $503M (+10.0% Y/Y) beats by $10.18M . Create Solutions revenue was $165 million, compared to $152 million in the fourth quarter 2024. Grow Solutions revenue was $338 million, compared to $305 million in the fourth quarter 2024. We expect First Quarter Revenue of $480 million to $490 million. In Grow, we expect revenue to be flat on a sequential basis. In Create, we expect double digit year-over-year revenue growth (excluding the impact of non-strategic revenue). We expect First Quarter Adjusted EBITDA of $105 million to $110 million. Shares -7% PM. More on Unity Software Inc Unity Software: Structural Progress Offset By Financial And Industry Hurdles (Downgrade) Unity: It's 2021 All Over Again, Downgrade To 'Sell' Unity Software Inc. (U) Discusses Game Development Innovation and Community Achievements at Unite Event Prepared Remarks Transcript Unity appoints gaming and technology veteran Bernard Kim to board of directors Unity Software Inc Q4 2025 Earnings Preview
Penske Automotive press release ( PAG ): Q4 GAAP EPS of $2.83 misses by $0.19 . Revenue of $7.77B (+0.9% Y/Y) beats by $140M . More on Penske Automotive Penske Automotive Group: A Mixed Bag That I'm Not Ready To Touch Penske Automotive Q4 2025 Earnings Preview Bottom 10 large-cap stocks with lowest dividend safety grade Seeking Alpha’s Quant Rating on Penske Automotive Historical earnings data for...
Penske Automotive press release ( PAG ): Q4 GAAP EPS of $2.83 misses by $0.19 . Revenue of $7.77B (+0.9% Y/Y) beats by $140M . More on Penske Automotive Penske Automotive Group: A Mixed Bag That I'm Not Ready To Touch Penske Automotive Q4 2025 Earnings Preview Bottom 10 large-cap stocks with lowest dividend safety grade Seeking Alpha’s Quant Rating on Penske Automotive Historical earnings data for Penske Automotive
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Natalie Lung looks at Uber’s effort to take control of the robotaxi narrative around the company. Tech Across the Globe Meta pitches safety: The parent of Facebook and Instagram ran thousands of television commercials to tout its safety work with teenagers ahead of a land...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Natalie Lung looks at Uber’s effort to take control of the robotaxi narrative around the company. Tech Across the Globe Meta pitches safety: The parent of Facebook and Instagram ran thousands of television commercials to tout its safety work with teenagers ahead of a landmark jury trial to examine whether social media is addictive to young people. Coupang probe : South Korean investigators say the e-commerce company failed to preserve information related to a breach of data on nearly 34 million shoppers, compromising a probe into the incident. Anthropic’s fundraising: Blackstone made another investment in the artificial intelligence company, increasing its stake to $1 billion, while Abu Dhabi’s MGX is nearing a deal to join the funding round, which is expected to raise more than $20 billion. Revalued Spanish AI software company Multiverse is in talks to raise about €500 million ($595 million) in a deal that would value the company at €1.5 billion. The startup, founded in 2019, aims to shrink large language models so they consume less energy and power, which would make the technology cheaper and more efficient. Pushback Uber investors were decidedly downbeat on the rideshare giant’s mixed earnings report last week, contributing to the stock’s year-to-date slump. The company demonstrated healthy cash levels and robust demand, especially in its core US markets, but that wasn’t enough to meet Wall Street’s profit expectations and assuage the biggest long-term concern: robotaxis. Uber has spent the last year striking partnerships with global robotaxi companies in rapid succession to make their cars available to rideshare customers in the next few years. But Waymo’s aggressive expansion plans are sowing concern for Uber’s future among some investors. The Alphabet-owned company collaborates with Uber in Phoenix, Austin and Atlanta, but hasn’t anno...
4D Molecular Technology (4DMT) has completed patient enrollment in its first phase 3 clinical trial evaluating 4D-150, an investigational gene therapy for the treatment of wet age-related macular degeneration (AMD). This follows the company’s previously announced plans to accelerate its phase 3 wet AMD clinical program toward a future submission for U.S. regulatory approval. Where shall we start? ...
4D Molecular Technology (4DMT) has completed patient enrollment in its first phase 3 clinical trial evaluating 4D-150, an investigational gene therapy for the treatment of wet age-related macular degeneration (AMD). This follows the company’s previously announced plans to accelerate its phase 3 wet AMD clinical program toward a future submission for U.S. regulatory approval. Where shall we start? First: It helps to know about 4DMT’s Therapeutic Vector Evolution. What it is: A proprietary platform that uses synthetic adeno-associated virus (AAV) capsid–derived sequences to create customized vectors (such as R100, below) for advancing vector delivery–based product candidates, including 4D-150. Then: There’s the customized R100 intravitreal (IVT) vector. What it does: Uses a dual transgene payload—aflibercept and a VEGF-C–inhibitory RNAi—to block four angiogenic factors driving wet AMD in order to deliver 4D-150. How, exactly? 4D-150 is formulated to offer a multi-year, sustained, and low-dose IVT delivery of anti-VEGF from the retina. Its clinical performance thus far: Now to this phase 3 trial. That would be the North American-based 4FRONT-1 study (NCT06864988). This is the first registrational trial on 4D-150 in the company’s planned wet AMD phase 3 clinical program, which also includes the global 4FRONT-2 study. What we know about it: The design: A multicenter, randomized, double-masked, comparator-controlled study A multicenter, randomized, double-masked, comparator-controlled study The participants: An estimated 480 patients (aged 50+) diagnosed with treatment-naïve wet AMD in the study eye. See here for all inclusion / exclusion criteria. An estimated 480 patients (aged 50+) diagnosed with treatment-naïve wet AMD in the study eye. The setup: Patients randomized to receive either 4D-150 (3E10 vg/eye) or an active comparator (aflibercept 2 mg) as single-dose IVT injections over a 52-week period. Additionally: 4DMT noted that participants in both arms will be eligi...
"Had it not been for the steadfast persistence of the family, who did not give up hope on uncovering what happened, it's likely your crimes would have remained undetected.
"Had it not been for the steadfast persistence of the family, who did not give up hope on uncovering what happened, it's likely your crimes would have remained undetected.
Several full-time employees of Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google have signed an open letter urging the company to sever its ties with the federal government’s immigration enforcement agencies. Employees Demand Transparency, Safeguards The letter, published on Friday, calls for more transparency regarding how Google’s technology is being used by federal agencies. The employees are...
Several full-time employees of Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google have signed an open letter urging the company to sever its ties with the federal government’s immigration enforcement agencies. Employees Demand Transparency, Safeguards The letter, published on Friday, calls for more transparency regarding how Google’s technology is being used by federal agencies. The employees are particularly concerned about Google’s contracts to provide cloud services to federal agencies and its involvement in federal immigration enforcement activities. When last checked, the letter was signed by 1002 employees. "Google is powering this campaign of surveillance, violence, and repression," the letter stated. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share This investment firm leverages expert insights and a 2.40x net equity multiple to help accredited investors capitalize on 2026 multifamily market trends—read the full forecast now. The employees said that Google's leadership, including CEO Sundar Pichai, failed to be transparent internally about the company's work with the federal government, prompting employees to issue an open letter demanding greater disclosure. The letter also urges Google to pull its technology from all work tied to the Department of Homeland Security (DHS), Immigration and Customs Enforcement (ICE), and Customs and Border Protection (CBP). In addition, employees are seeking safeguards against immigration enforcement actions, worker safety measures and are calling for an all-hands meeting to address their concerns. Google’s Federal Partnerships The letter reflects growing employee dissatisfaction with Google’s business ties to the federal government, especially in light of recent fatal incidents related to immigration enforcement. At the end of January, workers from Amazon.com Inc. (NASDAQ:AMZN), Spotify Technology (NYSE:SPOT), Meta Platforms Inc. (NASDAQ:META) and other companies...
RESTON, Va., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC), a leading mission integrator supporting defense, space, intelligence and civilian agencies, today announced unaudited preliminary financial results for the fiscal fourth quarter and full fiscal year 2026 and updated its financial guidance for fiscal year 2027. The Company’s announcement of unaud...
RESTON, Va., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC), a leading mission integrator supporting defense, space, intelligence and civilian agencies, today announced unaudited preliminary financial results for the fiscal fourth quarter and full fiscal year 2026 and updated its financial guidance for fiscal year 2027. The Company’s announcement of unaudited preliminary financial results and updated guidance was primarily due to recent procurement delays and unfavorable customer award decisions. These items will result in a reduction to expected fiscal year 2026 and 2027 revenue compared to prior guidance. "While recent dynamics pressure our near-term revenue outlook, we continue to invest to ensure that our solutions directly support what is most impactful to national security and to broader government transformation. We are also improving every stage of our business development and delivery processes by investing in our people, processes, and tools. This includes a bottoms-up enterprise transformation program to increase our investment capacity. I’m confident these efforts will generate more sustained, profitable growth in the coming years,” said Jim Reagan, SAIC’s Interim Chief Executive Officer. “The revenue pressures we have seen recently are disproportionately within our portfolio of larger and commoditized Enterprise IT programs. Going forward, we will be more selective by focusing on customer opportunities with the potential for technology transformation and execution upside. We’re confident in our ability to return to growth with solid double-digit margins over time. We look forward to discussing these efforts in greater detail on our fourth quarter earnings call in March,” said Prabu Natarajan, SAIC’s Chief Financial Officer. Mr. Natarajan will provide further comments on these dynamics in a presentation at the TD Cowen Aerospace & Defense Conference on February 11 at 4:20 PM ET. The webcast and associated materi...
A long time ago, in (I believe) an issue of Car Magazine from the mid-1990s, the designer Gordon Murray shared his thoughts about a possible four-door follow-up to the McLaren F1 . Road cars weren't really his thing. Until then, his career had been focused on Formula 1 car design, and he brought that sport's obsession with weight savings with him. Were he to design a sedan, he'd trim the interior ...
A long time ago, in (I believe) an issue of Car Magazine from the mid-1990s, the designer Gordon Murray shared his thoughts about a possible four-door follow-up to the McLaren F1 . Road cars weren't really his thing. Until then, his career had been focused on Formula 1 car design, and he brought that sport's obsession with weight savings with him. Were he to design a sedan, he'd trim the interior with textile, not leather. After all, wool made fine suits and coats, Murray reasoned, and it would save weight. A four-door McLaren never happened during his tenure, nor has one appeared since. Murray now runs his own boutique hypercar company, which also builds no sedans. But the idea that high-end cars could use something other than leather has stuck with me, especially after driving BMW's i7, which debuted in 2022 with a premium cashmere wool interior . More recently, new EVs have experimented with interesting textile alternatives to leather. Two good examples are the BMW iX3 and the Audi A6 , though neither can be ordered with these textile options in the US. Read full article Comments