Investing.com -- Apple Inc. (NASDAQ:AAPL) stock pared gains Wednesday afternoon but remained higher by 0.9% following reports that the tech giant’s ambitious Siri virtual assistant upgrade is facing development challenges. The company’s latest attempt to revamp Siri has encountered testing difficulties in recent weeks, potentially delaying several highly anticipated features. Apple had initially p...
Investing.com -- Apple Inc. (NASDAQ:AAPL) stock pared gains Wednesday afternoon but remained higher by 0.9% following reports that the tech giant’s ambitious Siri virtual assistant upgrade is facing development challenges. The company’s latest attempt to revamp Siri has encountered testing difficulties in recent weeks, potentially delaying several highly anticipated features. Apple had initially planned to include the new capabilities in iOS 26.4, an operating system update scheduled for March. However, according to a report from Bloomberg News, citing people familiar with the matter, the company is now working to distribute these features across future updates. This development could push back the release of at least some features until iOS 26.5, expected in May, or even iOS 27, slated for September. The setbacks represent another chapter in Apple’s extended effort to modernize Siri, which was first announced in June 2024. Despite the reported delays, investor reaction remained relatively muted. Apple shares had traded up 2% earlier in the session before moderating gains in afternoon trading. Related articles Apple stock pares gains after reports of Siri upgrade delays 5 reasons why Jefferies thinks Meta’s pullback is a buying opportunity This sector is 'poised for a big, beautiful year': Truist
Top Washington Post editor Matt Murray acknowledged “a widespread sense of loss, of genuine trauma” in a contentious town hall meeting with staff on Wednesday after the company laid off nearly a third of its employees a week ago – though he expressed confidence that the Post was now on a path to success. “There’s no doubt that just the sheer depth of the cuts – and also, with that, the reality of ...
Top Washington Post editor Matt Murray acknowledged “a widespread sense of loss, of genuine trauma” in a contentious town hall meeting with staff on Wednesday after the company laid off nearly a third of its employees a week ago – though he expressed confidence that the Post was now on a path to success. “There’s no doubt that just the sheer depth of the cuts – and also, with that, the reality of what we face at the Post – has been a very hard thing to wrap our heads around and to grapple with,” Murray said, according to a recording of his remarks obtained by the Guardian. Murray, who joined the Post in 2024, said it was a “shocking discovery” for management to understand the scope of the financial problems the company is facing. But he said he did not want to “look backwards and litigate the past”. “The company has been a mess in lots of ways for a long time, but I’m confident stars are aligning in a positive way,” he said. Murray said Post leadership used data on readership trends to determine which areas to cut. The publication’s sports, international, local and style sections were particularly hard-hit. “I’m sure we got some things wrong, but if I look around the room with everybody here, I know we got a lot of things right,” he said. While the Post achieved historic success during the first Trump administration, as reporters broke scoops and readers signed up in droves to support the publication’s mission, Murray said there was “no more Trump bump” these days. “People are reading [about] Donald Trump, but they also want to escape from Donald Trump,” he said. Amid questions about whether the publication’s mandate and ambition had shrunk, Murray said “the mission of the Post is unchanged”. Murray played down the number of Post customers who have cancelled their subscriptions in protest against last week’s cuts. “It’s been not very heavy, and it’s been completely within predicted models and expectations, and completely baked into the plan,” he said. Jeff D’Onofrio...
Earnings Call Insights: PolyPid Ltd. (PYPD) Q4 2025 Management View CEO Dikla Akselbrad described 2025 as “a pivotal year for PolyPid,” highlighting the completion of the SHIELD II Phase III trial and positive results for D-PLEX100, which met its primary and all key secondary endpoints. Akselbrad emphasized that D-PLEX100 demonstrated “a meaningful reduction in surgical site infection” and that th...
Earnings Call Insights: PolyPid Ltd. (PYPD) Q4 2025 Management View CEO Dikla Akselbrad described 2025 as “a pivotal year for PolyPid,” highlighting the completion of the SHIELD II Phase III trial and positive results for D-PLEX100, which met its primary and all key secondary endpoints. Akselbrad emphasized that D-PLEX100 demonstrated “a meaningful reduction in surgical site infection” and that the company is now “advancing D-PLEX100 into the final stages of regulatory preparation.” Regulatory progress was marked by recent positive written feedback from the FDA, which “supported our plan to pursue a rolling NDA review for D-PLEX100.” Akselbrad stated, “We expect to begin the rolling NDA submission by the end of the first quarter of 2026.” The FDA indicated that the current clinical data package “appears adequate to support NDA submission and review.” Akselbrad referenced “advanced stages of partnership discussions in the United States,” citing growing recognition of D-PLEX100’s clinical profile and value proposition. She also announced the appointment of Brooke Story as Chairman of the Board of Directors, noting her “extensive leadership experience in medical technology and surgical solutions.” Chief Operating Officer Ori Warshavsky detailed the maturation of U.S. commercial partnership discussions, noting they are “increasingly detailed and operational in nature.” He introduced the refreshed PolyPid brand and the formal launch of the Kynatrix next-generation technology, emphasizing the expansion beyond the original PLEX platform. “Research and development expenses were $6.2 million compared to $7 million in the same period last year,” stated CFO Jonny Missulawin. He continued, “General and administrative expenses for the quarter were $1.8 million compared to $1 million in the fourth quarter of 2024.” Missulawin added, “Net loss for the fourth quarter was $8.5 million or $0.41 per share compared to a net loss of $8.5 million or $1.13 per share in the fourth quarter ...
Earnings Call Insights: Centrus Energy Corp. (LEU) Q4 2025 Management View Amir Vexler, President and CEO, described 2025 as a milestone year, highlighting the December announcement to begin commercial centrifuge manufacturing and the January selection by the Department of Energy for a $900 million HALEU enrichment award. He stated, "Our build-out officially ushers in America's return to domestic ...
Earnings Call Insights: Centrus Energy Corp. (LEU) Q4 2025 Management View Amir Vexler, President and CEO, described 2025 as a milestone year, highlighting the December announcement to begin commercial centrifuge manufacturing and the January selection by the Department of Energy for a $900 million HALEU enrichment award. He stated, "Our build-out officially ushers in America's return to domestic commercial uranium enrichment, with a derisked, deployment-ready technology that can service both commercial and national security needs." The first new cascade of centrifuges is expected online in 2029. Vexler emphasized the company's substantial commercial LEU enrichment backlog of $2.3 billion and a base case plan to include 12 metric tons of HALEU, with capacity additions dependent on demand and capital resources. He noted, "Near-term domestic LEU demand alone is set to increase by approximately 6.5 million SWUs, stemming from Russia's exiting the market and the additional demand from restarts, uprates and new pledged reactors." The CEO announced a partnership with Fluor as the primary EPC in Piketon and outlined workforce expansion, hiring over 140 employees in 2025 and planning at least 150 net new hires in 2026 across facilities. CFO Todd Tinelli stated, "Total revenue for 2025 was $448.7 million, a $6.7 million or a 1.5% increase over full year 2024." He also highlighted raising $533.6 million through two ATM programs and ending the year with an unrestricted cash balance of $2 billion. Tinelli added, "We believe we are sufficiently funded to meet our near-term capital requirements, and our current LEU backlog and potential HALEU enrichment award should allow us to meet our milestone of reaching nth-of-a-kind cost." Outlook Management provided full year 2026 guidance for total company revenue of $425 million to $475 million and total capital spend of $350 million to $500 million. Vexler shared that operational guidance includes finalizing contracts with key partners,...
Earnings Call Insights: SiteOne Landscape Supply, Inc. (SITE) Q4 2025 Management View Doug Black, President, Chairman of the Board & CEO, reported "solid results in the fourth quarter with 3% net sales growth, 2% Organic Daily Sales and 18% growth in adjusted EBITDA versus the prior year period, closing out a good year of performance and growth in 2025." He noted full year 2025 achievements of 4% ...
Earnings Call Insights: SiteOne Landscape Supply, Inc. (SITE) Q4 2025 Management View Doug Black, President, Chairman of the Board & CEO, reported "solid results in the fourth quarter with 3% net sales growth, 2% Organic Daily Sales and 18% growth in adjusted EBITDA versus the prior year period, closing out a good year of performance and growth in 2025." He noted full year 2025 achievements of 4% net sales growth, 1% Organic Daily Sales growth, and 10% adjusted EBITDA growth, despite flat pricing and lower end market demand compared to 2024. Black highlighted momentum entering 2026, attributing it to "positive pricing, coupled with the strong cost reduction actions that we took in 2025, including 20 branch consolidations and closures during the fourth quarter." He pointed to eight acquisitions completed in 2025 and the first acquisition of 2026, maintaining a "robust pipeline of potential acquisitions." The company maintains a "strong footprint of more than 670 branches and 5 distribution centers across 45 U.S. states and 5 Canadian provinces," holding about a 19% share of the $25 billion wholesale landscaping products distribution market, according to Black. Black explained the company’s long-term strategy: "Our strategy to fill in our product lines across the U.S. and Canada, both organically and through acquisition, further strengthens this balance over time." Eric Elema, Executive VP & CFO, stated, "We reported an increase in net sales of 3% to $1.05 billion for the fourth quarter and an increase of 4% to $4.7 billion for fiscal year 2025." He called attention to "adjusted EBITDA increased 18% to $37.6 million for the fourth quarter compared to $31.8 million for the prior year period." Scott Salmon, Executive Vice President of Strategy & Development, announced, "we acquired 3 companies in the fourth quarter, bringing our total for the year to 8 or combined trailing 12-month net sales of approximately $55 million in 2025. Additionally, we have acquired 1 company ...
After another executive departs, should investors follow suit? Online pet retailer and pharmacy company Chewy (CHWY 4.26%) is down roughly 17% since the announcement of CTO Satish Mehta's retirement last month. Another leadership change, following the CFO's exit last year, is the last thing investors wanted to hear. The stock is now down by more than 30% since Chewy reported second-quarter results...
After another executive departs, should investors follow suit? Online pet retailer and pharmacy company Chewy (CHWY 4.26%) is down roughly 17% since the announcement of CTO Satish Mehta's retirement last month. Another leadership change, following the CFO's exit last year, is the last thing investors wanted to hear. The stock is now down by more than 30% since Chewy reported second-quarter results in September. Expand NYSE : CHWY Chewy Today's Change ( -4.26 %) $ -1.16 Current Price $ 26.04 Key Data Points Market Cap $11B Day's Range $ 25.70 - $ 27.27 52wk Range $ 25.70 - $ 48.62 Volume 264K Avg Vol 7.6M Gross Margin 28.58 % Leadership turnover like this should raise an eyebrow, especially at a time when investors are looking for signs of stability. The primary anchor remains Autoship, which provides a durable revenue stream, as 84% of net sales flow through the subscription service. Autoship presents the bears with a predictable problem Chewy's membership program allows pet parents to schedule shipments of food, medication, and supplies. These orders provide management with high visibility into demand, shielding the business from the unpredictability of retail sales. Revenue flowing through this pipeline rose 13.5% in the third quarter, while total sales growth of 8.5% outpaced the broader industry. The business continues to grow faster than the market, expanding its active customer count and net sales per active customer by 5% each. Beyond the sales volume, the repeat-purchase model improves the bottom line because the revenue carries no additional acquisition costs. The service also provides Chewy with a committed base of customers to convert to higher-margin health services. Chewy's pet pharmacy is the leader in the U.S. by prescription volume. The recurring nature of medication refills aligns well with the automated delivery model. Scaling this higher-margin business is a priority that could lift overall profitability over time. In Q3, we saw the impact as gros...
Anthropic released its Claude Cowork AI agent software for Windows on Monday, bringing the file management and task automation tool to roughly 70 percent of the desktop computing market and intensifying a remarkable corporate realignment that has seen Microsoft embrace a direct competitor to its longtime AI partner, OpenAI. The Windows launch arrives with what Anthropic calls "full feature parity"...
Anthropic released its Claude Cowork AI agent software for Windows on Monday, bringing the file management and task automation tool to roughly 70 percent of the desktop computing market and intensifying a remarkable corporate realignment that has seen Microsoft embrace a direct competitor to its longtime AI partner, OpenAI. The Windows launch arrives with what Anthropic calls "full feature parity" with the macOS version: file access, multi-step task execution, plugins, and Model Context Protocol (MCP) connectors for integrating external services. Users can now also set global and folder-specific instructions that Claude follows in every session, a feature developers on Reddit described as "a game-changer" for maintaining context across projects. "Cowork is now available on Windows," Anthropic announced on X. "We're bringing full feature parity with MacOS: file access, multi-step task execution, plugins, and MCP connectors." The release closes a critical platform gap that had limited Cowork to Apple's operating system since its January 12 debut. The Windows expansion underscores a broader transformation already underway in enterprise AI, with Microsoft simultaneously selling its own GitHub Copilot to customers while encouraging thousands of its own employees to adopt Anthropic's competing tools internally. Inside Microsoft's surprising pivot toward its biggest AI rival The relationship between Microsoft and Anthropic has accelerated with striking speed. In November, the two companies announced a strategic partnership allowing Microsoft Foundry customers access to Claude Sonnet 4.5, Claude Opus 4.1, and Claude Haiku 4.5. As part of that arrangement, Anthropic committed to purchasing $30 billion of Azure compute capacity. But the partnership has expanded well beyond cloud hosting. According to a January 22 report in The Verge , Microsoft has begun encouraging thousands of employees from some of its most prolific teams to adopt Claude Code — and now, by extension, Cowor...
US Attorney General Pam Bondi was reprimanded by Democratic Rep. Pramila Jayapal Wednesday for her handling of the Jeffrey Epstein files and failing to redact victims’ information. (Source: Bloomberg)
US Attorney General Pam Bondi was reprimanded by Democratic Rep. Pramila Jayapal Wednesday for her handling of the Jeffrey Epstein files and failing to redact victims’ information. (Source: Bloomberg)
A recruiter displays information while speaking to a jobseeker during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images January job gains were better than anything the U.S. economy saw in 2025 but not still enough to sound an all-clear on what has otherwise been a stagnant labor market. With a gain of 130,000 nonf...
A recruiter displays information while speaking to a jobseeker during the WorkSource North Seattle Career Fair in Seattle, Washington, US, on Tuesday, Feb. 10, 2026. David Ryder | Bloomberg | Getty Images January job gains were better than anything the U.S. economy saw in 2025 but not still enough to sound an all-clear on what has otherwise been a stagnant labor market. With a gain of 130,000 nonfarm payrolls and the unemployment rate slipping to 4.3%, the lowest since August, the numbers indicated that hiring is at least hanging in there while layoffs appear contained. However, beneath the hood there were some trouble spots: A continued concentration in just a few fields where hiring is happening; revisions that meant virtually no gains in the second half of 2025, and questions over what happens from here as companies contend with a high level of uncertainty. "I would anticipate that for the rest of the year, job growth is going to be quite subdued," said Gregory Daco, chief economist at EY-Parthenon. "Whether it's as subdued as 2025 ... is still an open question. But I would not expect job growth to be higher than 50,000 for the remainder of 2026." Indeed, revisions the Bureau of Labor Statistics released Wednesday put job gains last year at just 15,000 a month. The last six months of the year produced a net loss of 1,000 jobs. In the recent words of Federal Reserve Governor Christopher Waller, the year's job growth was close to "Zero. Zip. Nada." Also, nearly all the January jobs came from health care-related sectors, raising questions over the ability of displaced and new workers to be able to get hired. On top of the anemic gains, Daco has another worry. He sees trouble brewing with the receding income gains for cash-strapped consumers possibly causing damage not readily visible in headline economic numbers. Average hourly earnings advanced 0.4% in January, slightly higher than expected, but the annual gain of 3.71% was the lowest since July 2024. With retail s...
US Energy Secretary Chris Wright is meeting with acting President Delcy Rodríguez in Caracas, along with oil producers and other officials as the US pushes to revive Venezuela’s beleaguered oil sector. Bloomberg's Annmarie Hordern is traveling with the secretary and has more. (Source: Bloomberg)
US Energy Secretary Chris Wright is meeting with acting President Delcy Rodríguez in Caracas, along with oil producers and other officials as the US pushes to revive Venezuela’s beleaguered oil sector. Bloomberg's Annmarie Hordern is traveling with the secretary and has more. (Source: Bloomberg)
30 times free cash flow is too much to pay for sub-5% growth. In a bad earnings season for defense stocks in general, Northrop Grumman (NOC 0.76%) was one of the few winners. Shares of rivals General Dynamics and Textron both dipped despite reporting earnings "beats" last month. Northrop, in contrast, beat earnings expectations and saw its stock rise. The share price jumped 2.7% on earnings day, a...
30 times free cash flow is too much to pay for sub-5% growth. In a bad earnings season for defense stocks in general, Northrop Grumman (NOC 0.76%) was one of the few winners. Shares of rivals General Dynamics and Textron both dipped despite reporting earnings "beats" last month. Northrop, in contrast, beat earnings expectations and saw its stock rise. The share price jumped 2.7% on earnings day, and the stock is now up a total of 7.3% since earnings came out. Why? Heading into Northrop's report, analysts expected the defense contractor to earn $6.96 per share in Q4 on $11.6 billion in sales. Northrop's reported $7.23 per share "adjusted" profit beat the earnings forecast, while the company's GAAP earnings of $9.99 per share crushed it. A reported $11.7 billion in quarterly sales edged out that estimate as well. Northrop Grumman Q4 and full-year earnings Northrop Grumman grew its sales 10% year over year in Q4, versus just 2% growth (to $42 billion) for the year as a whole. Earnings per share climbed 15% for the quarter, versus just 3% for the year. Free cash flow for the quarter climbed 84%, to $2.2 billion, and was up 27% for the year at $3.3 billion. That was still less than Northrop reported as full-year net profit, however -- $4.2 billion, or $29.08 per diluted share. As a result, while Northrop Grumman has a 24.4x price-to-earnings ratio today, its valuation based on free cash flow is quite a bit richer: Northrop's price-to-free cash flow ratio is 30.5. Expand NYSE : NOC Northrop Grumman Today's Change ( -0.76 %) $ -5.18 Current Price $ 679.82 Key Data Points Market Cap $97B Day's Range $ 674.75 - $ 688.11 52wk Range $ 426.24 - $ 715.61 Volume 403K Avg Vol 879K Gross Margin 19.81 % Dividend Yield 1.31 % Is Northrop Grumman stock a buy? Whether that's a fair price depends mainly on how fast Northrop is growing. Is it low single digits, as it did in 2025, the mid-teens rate it accelerated to in Q4, or something different? This is where things might get dicey for ...
Apple Slides On Report Latest Attempt To Re-Launch Siri Runs Into "Snags" Apple is sliding on a Bloomberg report that its long-planned upgrade to the Siri virtual assistant has run into new snags during testing in recent weeks, potentially pushing back the release of several highly anticipated functions. After planning to include the new capabilities in iOS 26.4, an OS update slated for March, App...
Apple Slides On Report Latest Attempt To Re-Launch Siri Runs Into "Snags" Apple is sliding on a Bloomberg report that its long-planned upgrade to the Siri virtual assistant has run into new snags during testing in recent weeks, potentially pushing back the release of several highly anticipated functions. After planning to include the new capabilities in iOS 26.4, an OS update slated for March, Apple is now working to spread them out over future versions. That would mean postponing at least some features until at least iOS 26.5, due in May, and iOS 27, which comes out in September. It wasn't immediately clear what the snags in question are. The latest hitches are part of a long saga for Apple, which first announced plans for the revamped Siri in June 2024. That year, the iPhone maker showed off capabilities that would let the assistant tap into personal data and on-screen content to better fulfill requests. The upgraded Siri also would let users precisely control apps from Apple and third parties via their voice. All the new features were due by early 2025. In the spring of last year, Apple delayed the rollout, saying the new Siri would instead arrive in 2026. It never announced more specific timing. Internally, though, Apple settled on the March 2026 target - tying it to iOS 26.4 - a goal that remained in place as recently as last month. But testing has uncovered fresh problems with the software, prompting the latest postponements, Bloomberg reported citing sources. Siri doesn’t always properly process queries or can take too long to handle requests, they said. In recent days, Apple instructed engineers to use the upcoming iOS 26.5 in order to test new Siri features, implying that the functionality may have been moved back by at least one release. Internal versions of that update now include a notice describing the addition of some Siri enhancements. One feature is especially likely to slip: the expanded ability for Siri to tap into personal data. That technology wo...
Attorney General Pam Bondi said there are pending investigations by the US Justice Department related to the probe of the late, disgraced financier Jeffrey Epstein. During a congressional hearing Wednesday, Bondi said in response to a question about whether there were any additional Epstein-related prosecutions planned that “we have pending investigations in our office.” She did not elaborate. The...
Attorney General Pam Bondi said there are pending investigations by the US Justice Department related to the probe of the late, disgraced financier Jeffrey Epstein. During a congressional hearing Wednesday, Bondi said in response to a question about whether there were any additional Epstein-related prosecutions planned that “we have pending investigations in our office.” She did not elaborate. The Justice Department didn’t immediately respond to a request for comment on the probes. Late last year, Bondi said she was asking the US attorney’s office for the Southern District of New York to investigate Epstein’s ties to former President Bill Clinton , onetime Treasury Secretary Larry Summers, Democratic megadonor Reid Hoffman, and JPMorgan Chase & Co. at the public urging of President Donald Trump. Clinton has previously denied knowledge of Epstein’s crimes. Summers has said that he regretted his relationship with the notorious financier. Hoffman has previously described regret over his interactions with Epstein, which he said were limited to fundraising. JPMorgan has settled multiple cases related to its ties to the sex offender but maintained that the bank “did not help him commit his heinous acts.” Epstein was arrested in 2019 on charges of the sex trafficking of minors but he died in his jail cell before he was tried. His death was ruled a suicide. The only person prosecuted in relation to the accusations against Epstein was his one-time partner Ghislaine Maxwell, who was convicted at trial of child sex trafficking and other offenses and is now serving a 20-year prison sentence.