Oil States International ( NYSE: OIS ) announced on Wednesday that it entered into a new credit agreement providing total commitments of $125M, including a $75M revolving facility and a $50M multi-draw term loan available through July 28, 2026. The maturity date of the Cash Flow Credit Agreement is January 28, 2030. The company said it bought back $50M of its 4.75% convertible senior notes due 202...
Oil States International ( NYSE: OIS ) announced on Wednesday that it entered into a new credit agreement providing total commitments of $125M, including a $75M revolving facility and a $50M multi-draw term loan available through July 28, 2026. The maturity date of the Cash Flow Credit Agreement is January 28, 2030. The company said it bought back $50M of its 4.75% convertible senior notes due 2026 in Q4 2025, and $53M remained outstanding at year-end. The company plans to retire the remaining notes using cash and credit facility borrowings, with cash totaling $70M and no borrowings outstanding. Shares -2.33% More on Oil States Oil States International Builds A Long-Cycle Growth Oil States International, Inc. (OIS) Q3 2025 Earnings Call Transcript Oil States outlines 8–13% Q4 revenue growth as offshore bookings drive decade-high backlog Seeking Alpha’s Quant Rating on Oil States Historical earnings data for Oil States
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors clos...
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Microsoft performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors clos...
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Microsoft performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors clos...
Microsoft (MSFT) reported $81.27 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 16.7%. EPS of $4.14 for the same period compares to $3.23 a year ago. The reported revenue represents a surprise of +1.3% over the Zacks Consensus Estimate of $80.23 billion. With the consensus EPS estimate being $3.88, the EPS surprise was +6.84%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Microsoft performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
UPS' turnaround strategy is starting to pay dividends. At over 6%, UPS (UPS 3.26%) has one of the highest dividend yields in the S&P 500, where the average is below 2%. A high-yielding payout is often a warning sign of potential sustainability issues. While UPS is experiencing some headwinds, the logistics giant expects to continue delivering its high-yielding dividend to shareholders. Here's a lo...
UPS' turnaround strategy is starting to pay dividends. At over 6%, UPS (UPS 3.26%) has one of the highest dividend yields in the S&P 500, where the average is below 2%. A high-yielding payout is often a warning sign of potential sustainability issues. While UPS is experiencing some headwinds, the logistics giant expects to continue delivering its high-yielding dividend to shareholders. Here's a look at what drives its view. Ending on a high note UPS recently reported its fourth-quarter and full-year financial results. The company generated $24.5 billion in revenue in the fourth quarter, just ahead of analysts' expectations. Meanwhile, its adjusted earnings of $2.38 per share beat the consensus estimate of $2.20 per share. Those results pushed the company's full-year revenue to $88.7 billion, while its adjusted earnings per share were $7.16. However, UPS' revenue is still well below the $100 billion it reported in 2022. The company's financial results have been under pressure in recent years due to global trade issues and its decision to reduce its reliance on its top customer, Amazon. These issues led the company to focus on reducing costs and growing revenue from higher-margin sources. It made significant progress last year by closing facilities, reducing its workforce, and expanding its healthcare logistics capabilities. Expand NYSE : UPS United Parcel Service Today's Change ( -3.26 %) $ -3.50 Current Price $ 103.70 Key Data Points Market Cap $91B Day's Range $ 103.59 - $ 108.18 52wk Range $ 82.00 - $ 136.58 Volume 9.2M Avg Vol 6.5M Gross Margin 18.44 % Dividend Yield 6.12 % That enabled the company to steadily improve its free cash flow. It generated $8.5 billion in cash from operations last year and $5.5 billion in adjusted free cash flow. It paid $5.4 billion in dividends and completed $1 billion in share repurchases. UPS used its strong balance sheet to cover the shortfall. Hitting an inflection point UPS anticipates "2026 will be an inflection point in the ex...
In this article HD Follow your favorite stocks CREATE FREE ACCOUNT A Home Depot logo is displayed at one of their stores on November 8, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office five days per week. In a message to employees, CEO Ted Decker said t...
In this article HD Follow your favorite stocks CREATE FREE ACCOUNT A Home Depot logo is displayed at one of their stores on November 8, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office five days per week. In a message to employees, CEO Ted Decker said the changes are intended to increase the company's "speed and agility." "To extend our industry-leading position, we must position the company to move faster and stay even more closely connected to our customers and frontline associates," he wrote in the memo. A corporate spokesperson confirmed that the company is cutting 800 roles. About 150 of the employees were based at Home Depot's headquarters in Atlanta and the rest were in remote jobs, with most in the technology organization of the company and some on other corporate teams, she said. In the employee memo, Decker said the five-day in-office policy will begin the week of April 6. He said the changes are "essential to simplify our business and focus our energy on the priorities ahead." "In-person engagement enables more meaningful support for store and field associates, drives results, and reinforces our people-centric culture and inverted pyramid," he said. This is breaking news. Please check back for updates.
Musk said that Tesla will have a “bigger announcement” about TeraFab in the future. (Jan 29): Elon Musk said Tesla Inc needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business. “In order to remove the probable constrai...
Musk said that Tesla will have a “bigger announcement” about TeraFab in the future. (Jan 29): Elon Musk said Tesla Inc needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors, a massive undertaking that will cost billions of dollars and mark another expansion beyond what had been the company’s core electric vehicle business. “In order to remove the probable constraint in three or four years, we are going to have to build a Tesla TeraFab,” Musk said Wednesday on the carmaker’s earnings call. “A very big fab that includes logic, memory and packaging, domestically.” Tesla, the world’s most valuable automaker, has bet its future on artificial intelligence (AI), autonomous driving and robotics, projects with an insatiable need for chips that the Austin-based company currently sources from Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co. Musk said that existing suppliers, naming TSMC, Samsung and Micron Technology Inc, are not able to supply Tesla at the levels the company needs. “That’s going to be very important to ensure we are protected against geopolitical risks,” Musk said. “I think people maybe are underweighting some of the geopolitical risks that are going to be a major factor in a few years.” The world is very dependent on Taiwan’s TSMC and its own domestic production capacity for supply of cutting-edge chips. In recent weeks, the world’s richest person has signalled that Tesla might produce chips itself to address a limited supply that he sees as the main bottleneck in the highly competitive AI race. “We’re going to hit a chip wall if we don’t do the fab,” Musk said, referring to the industry term for a chip factory, in a recent podcast with Peter Diamandis, founder of the X Prize Foundation. “We’ve got two choices: hit the chip wall or make a fab.” In November, Musk similarly told Tesla shareholders the company may need to build a “TeraFab,” saying “I can’t see any other way to get to the volume of chips that, t...
Tesla Inc gen 3 version of Optimus start of production planned before end of 2026 & eventual planned capacity of 1 million robots per year marketscreener.com
Tesla Inc gen 3 version of Optimus start of production planned before end of 2026 & eventual planned capacity of 1 million robots per year marketscreener.com
Tesla published its financial results for 2025 this afternoon. If 2024 was a bad year for the electric automaker, 2025 was far worse: For the first time in Tesla's history, revenues fell year over year. A bad quarter Earlier this month , Tesla revealed its sales and production numbers for the fourth quarter of 2025, with a 16 percent decline compared to Q4 2024. Now we know the cost of those lost ...
Tesla published its financial results for 2025 this afternoon. If 2024 was a bad year for the electric automaker, 2025 was far worse: For the first time in Tesla's history, revenues fell year over year. A bad quarter Earlier this month , Tesla revealed its sales and production numbers for the fourth quarter of 2025, with a 16 percent decline compared to Q4 2024. Now we know the cost of those lost sales: Automotive revenues fell by 11 percent to $17.7 billion. Happily for Tesla, double-digit growth in its energy storage business ($3.8 billion, an increase of 25 percent) and services ($3.4 billion, an increase of 18 percent) made up some of the shortfall. Read full article Comments
Tesla $TSLA didn’t post the kind of quarter that usually lifts a stock. Profit fell sharply, deliveries declined, and margins stayed under pressure. But after-hours trading told a different story — up 4% — one that has less to do with cars and more to do with the future investors still want to believe in. By the numbers, the quarter was bruising. Net income dropped 61% from a year earlier, automot...
Tesla $TSLA didn’t post the kind of quarter that usually lifts a stock. Profit fell sharply, deliveries declined, and margins stayed under pressure. But after-hours trading told a different story — up 4% — one that has less to do with cars and more to do with the future investors still want to believe in. By the numbers, the quarter was bruising. Net income dropped 61% from a year earlier, automotive revenue slid 11%, and total deliveries fell by double digits. Costs rose, operating leverage worked in reverse, and the car business looked stuck in a familiar grind of pricing pressure, higher expenses, and softer demand. It was a rough way to close out a year that was Tesla ’s most difficult in a long time; the company posted its first-ever annual revenue decline, showing just how far this Magnificent 7 company has fallen from its most magnificent high-growth era. But Tesla beat consensus expectations on adjusted earnings (at $0.50 per share), and that was enough to help keep the stock moving. The rest of the lift came from something more durable: Tesla ’s ability to keep the market focused on what comes next, rather than what just happened. The car business, once the unquestioned centerpiece of the Tesla story, now feels like the part investors skim. Automotive revenue fell again, and margins remain thin by the company’s own historical standards. The explanations were familiar — pricing, costs, tariffs, incentives — but the result was harder to ignore: Selling cars has become a tougher, more competitive business, and Tesla no longer looks insulated from that reality. Energy, by contrast, continues to behave like a business with momentum, with revenue rising 25% to $3.84 billion. Storage deployments hit a record 14.2 gigawatt hours, and the segment posted its fifth straight quarter of record gross profit ($1.1 billion). In a quarter defined by softness elsewhere, energy looked scalable, profitable, and easier to model without heroic assumptions. Energy is becoming the...
On Meta’s 4th quarter earnings call, CEO Mark Zuckerberg predicted his company would experience a “major AI acceleration” in 2026 as it races to catch up after falling behind Google, OpenAI and Anthropic in leading AI models in 2025. It has plenty of money to make that happen: The company beat Q4 expectations, delivering $59.89 billion in revenue, compared to consensus analyst estimates of $58.41 ...
On Meta’s 4th quarter earnings call, CEO Mark Zuckerberg predicted his company would experience a “major AI acceleration” in 2026 as it races to catch up after falling behind Google, OpenAI and Anthropic in leading AI models in 2025. It has plenty of money to make that happen: The company beat Q4 expectations, delivering $59.89 billion in revenue, compared to consensus analyst estimates of $58.41 billion. Earnings per share came in at $8.88 ,versus expectations for $8.19. And the company made clear spending will continue to be massive. Meta forecast its capital expenditures could rise to as much as $135 billion this year, nearly double the $72 billion it reported in 2025, as it unveiled its most radical AI spending plans to date, largely driven by increased investment in AI infrastructure costs and talent. In comments on the earnings call, Zuckerberg harked back to last summer, when he rebuilt the foundations of Meta’s AI program, bringing in Scale CEO Alexandr Wang to head up Meta Superintelligence Labs. Over the coming months, he said, Meta would start shipping AI models and products. “I expect our first models will be good, but more importantly, they will show the rapid trajectory that we’re on,” he said. “And then I expect us to steadily push the frontier over the course of the year, as we continue to release new models.” The goal? Zuckerberg again made clear that it is “personal superintelligence.” “We’re starting to see the promise of AI that understands our personal context, including our history, our history, our interests, our content and our relationships,” he said. “A lot of what makes agents valuable is the unique context that they can see, and we believe that Meta will be able to provide a uniquely personal experience.” In addition, he said the company is working on merging LLMs with Meta’s recommendation systems on its platforms, including Facebook, Instagram and Threads. “We think that the current systems are primitive compared to what will be possibl...
Image source: The Motley Fool. Jan. 28, 2026 at 4:30 p.m. ET Call participants President and Chief Executive Officer — Patrick J. Beyer Executive Vice President and Chief Financial Officer — Todd W. Garner Takeaways Total sales -- $373.2 million for the quarter, up 7.9% as reported and 7.1% in constant currency year over year. -- $373.2 million for the quarter, up 7.9% as reported and 7.1% in cons...
Image source: The Motley Fool. Jan. 28, 2026 at 4:30 p.m. ET Call participants President and Chief Executive Officer — Patrick J. Beyer Executive Vice President and Chief Financial Officer — Todd W. Garner Takeaways Total sales -- $373.2 million for the quarter, up 7.9% as reported and 7.1% in constant currency year over year. -- $373.2 million for the quarter, up 7.9% as reported and 7.1% in constant currency year over year. Annual total sales -- $1.375 billion, an increase of 5.2% as reported and 5.1% in constant currency. -- $1.375 billion, an increase of 5.2% as reported and 5.1% in constant currency. Orthopedic sales growth -- 12.1% increase in the quarter and 5.5% for the year on a constant currency basis. -- 12.1% increase in the quarter and 5.5% for the year on a constant currency basis. General surgery sales growth -- 3.8% increase in the quarter and 4.7% for the year on a constant currency basis. -- 3.8% increase in the quarter and 4.7% for the year on a constant currency basis. US quarterly sales growth -- 1.4% increase, while international sales grew 15.4% in the quarter. -- 1.4% increase, while international sales grew 15.4% in the quarter. US orthopedic sales growth -- Grew 6.6% in the quarter, with international orthopedic sales up 15.7%. -- Grew 6.6% in the quarter, with international orthopedic sales up 15.7%. US general surgery sales growth -- Decreased 0.4% in the quarter; international general surgery sales increased 14.8%. -- Decreased 0.4% in the quarter; international general surgery sales increased 14.8%. Adjusted EPS -- $1.43 for the quarter, up 6.7%, and $4.59 for the year, up 10.1%. -- $1.43 for the quarter, up 6.7%, and $4.59 for the year, up 10.1%. Adjusted gross margin -- 56.6% for the quarter, down 100 basis points year over year due to tariffs; 56.4% for the year, up 10 basis points. -- 56.6% for the quarter, down 100 basis points year over year due to tariffs; 56.4% for the year, up 10 basis points. Orthopedic supply chain -- Backord...
(RTTNews) - Canadian Pacific Kansas City Limited (CP.TO) announced a profit for fourth quarter that Drops, from the same period last year The company's bottom line came in at C$1.07 billion, or C$1.20 per share. This compares with C$1.20 billion, or C$1.28 per share, last year. Excluding items, Canadian Pacific Kansas City Limited reported adjusted earnings of C$1.19 billion or C$1.33 per share fo...
(RTTNews) - Canadian Pacific Kansas City Limited (CP.TO) announced a profit for fourth quarter that Drops, from the same period last year The company's bottom line came in at C$1.07 billion, or C$1.20 per share. This compares with C$1.20 billion, or C$1.28 per share, last year. Excluding items, Canadian Pacific Kansas City Limited reported adjusted earnings of C$1.19 billion or C$1.33 per share for the period. The company's revenue for the period rose 1.3% to C$3.92 billion from C$3.87 billion last year. Canadian Pacific Kansas City Limited earnings at a glance (GAAP) : -Earnings: C$1.07 Bln. vs. C$1.20 Bln. last year. -EPS: C$1.20 vs. C$1.28 last year. -Revenue: C$3.92 Bln vs. C$3.87 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
alexsl/iStock via Getty Images The quantum computing space is still generally pre-revenue, but IonQ, Inc. ( IONQ ) continues down a path of acquiring companies with existing revenue streams giving the stock market the appearance of a booming revenue stream. The company just bought a semiconductor fab for vertical integration while the AI computing world is highly focused on specialization. My inve...
alexsl/iStock via Getty Images The quantum computing space is still generally pre-revenue, but IonQ, Inc. ( IONQ ) continues down a path of acquiring companies with existing revenue streams giving the stock market the appearance of a booming revenue stream. The company just bought a semiconductor fab for vertical integration while the AI computing world is highly focused on specialization. My investment thesis remains ultra Bearish on IonQ due to the complexity of managing businesses in a vertical integration when the chip market just went hyper-specialized. Source: Finviz Low Value For A Reason IonQ has agreed to acquire SkyWater Technology ( SKYT ) for $35 per share, or $1.8 billion. The company is a leading U.S. based, pure-play semiconductor foundry focusing on foundational nodes and advanced packaging. The deal includes IonQ paying $15 per share in cash and $20 in stock with a collar. The collar restricts the upside up at $60.13 with a payout to SkyWater shareholders at 0.3326 IonQ shares, but the real focus is the lower limit at $37.99 (trades at $46 now) with the SkyWater shareholder receiving 0.5265 IonQ shares. SkyWater had recently forecast a 2026 revenue target of at least $600 million , so the valuation is a relatively low at just 3x forward sales. The company had just reported Q3 '25 revenues of $151 million suggesting SkyWater isn't forecasting any sequential growth in 2026 after acquiring the Texas fab from Infineon Technologies ( IFNNY ) in June. The big question is why SkyWater wanted to cash out nearly 40% of the deal via cash at such a limited valuation when the semiconductor foundry market is in high demand due to AI computing demands. Either IonQ got an incredible steal or SkyWater doesn't have the real growth prospects to warrant holding out for a much higher valuation. IonQ has now created a vertically integrated system from chip design to quantum computer production to chip manufacturing. The company is much more like the Intel ( INTC ) verti...
Mamdani Pressures Hochul To Jack Up Taxes On Rich Amid NYC Budget Woes New York City Mayor Zohran Mamdani has lots of ideas - virtually all of which require extracting more money from taxpayers, as socialists tend to do. To accomplish this, he's gonna need some help - and has been leaning on Gov. Kathy Hochul to hike taxes on the state's richest residents and corporations in the hopes of raising b...
Mamdani Pressures Hochul To Jack Up Taxes On Rich Amid NYC Budget Woes New York City Mayor Zohran Mamdani has lots of ideas - virtually all of which require extracting more money from taxpayers, as socialists tend to do. To accomplish this, he's gonna need some help - and has been leaning on Gov. Kathy Hochul to hike taxes on the state's richest residents and corporations in the hopes of raising billions more to send to the Big Apple to plug mounting budget holes, Bloomberg reports. Mamdani, the newly-sworn in democratic socialist, is arguing additional money from the state is necessary because the city faces a fiscal “crisis” created by his predecessor Eric Adams and by a push from former Governor Andrew Cuomo to shift costs from the state onto the city. Both Cuomo and Adams ran against Mamdani in last year’s mayoral election. At present, NYC is looking at a $12.6 billion budget gap, in what Mamdani recognized as the largest deficit since the 2008 recession. On Wednesday, he launched a new campaign to lobby Albany for more annual aid - stressing that the Big Apple generates $21 billion more in revenue for the state than it receives. 🚨 BREAKING: Mayor Zohran Mamdani Says New York City is Facing a “Fiscal Crisis at the Scale of the Great Recession” “That means looking inward into savings and efficiencies. That also means raising taxes on the wealthiest New Yorkers and the most profitable corporations.” pic.twitter.com/ck89QhFFwL — Chief Nerd (@TheChiefNerd) January 28, 2026 "These budget gaps did not arrive by accident — they are the direct consequence of Eric Adams staggering fiscal mismanagement," Mamdani told the outlet in an interview, adding that social safety nets for the city's poor and homeless have been underbudgeted. Cuomo, who Mamdani also blames, said through spokesman Rich Azzopardi that the state increased aid to NYC's schools and absorbed medicaid expenses under the former governor's tenure, adding "If Mamdani thought the system is unfair, he’s had fiv...
Jon Ferro and Tom Keene host a special edition of "Bloomberg Surveillance." Federal Reserve Chair Jerome Powell said labor market weakness or a decline in tariff-induced inflation could lead to looser monetary policy after the central bank left rates unchanged. He said the central bank would consider interest-rate reductions if the labor market weakened or if the inflationary effect on goods from ...
Jon Ferro and Tom Keene host a special edition of "Bloomberg Surveillance." Federal Reserve Chair Jerome Powell said labor market weakness or a decline in tariff-induced inflation could lead to looser monetary policy after the central bank left rates unchanged. He said the central bank would consider interest-rate reductions if the labor market weakened or if the inflationary effect on goods from tariffs began to wane. (Source: Bloomberg)
Elena Uve/iStock via Getty Images Investment Thesis I am reiterating a Buy rating on Okta (NASDAQ: OKTA ) because the company's valuation has dramatically reset while its growth drivers are kicking into gear. OKTA's latest results show improving margins and robust FCFs giving it a rule of 40 profile even at mid teen growth rate. With a new AI focused identity platform emerging as a catalyst, Okta ...
Elena Uve/iStock via Getty Images Investment Thesis I am reiterating a Buy rating on Okta (NASDAQ: OKTA ) because the company's valuation has dramatically reset while its growth drivers are kicking into gear. OKTA's latest results show improving margins and robust FCFs giving it a rule of 40 profile even at mid teen growth rate. With a new AI focused identity platform emerging as a catalyst, Okta is positioned to accelerate its top line growth again. Okta delivered a solid Q3 2026, easing investor fears about demand. Revenue grew by 12% y/y to $742Mn. This was a modest number by Okta's historical standards but was above guidance and also accompanied by strong large customer numbers. I note that the cohort of $1Mn+ deals grew by 17% in Q3, and this is a positive sign that enterprise appetite for Okta's platform is rebounding. OKTA now has over 5,030 customers with annual contracts valued at over $100K. This represents 7% y/y even as total customers exceed 20,000. I would say this suggests that the company continues to win and expand in the enterprise segment despite a slower IT spending environment. I am also reiterating my Buy rating because I believe the upshot is that Okta's core business has stabilized. The company navigated a tricky period of sales integration and macro slowdown and has emerged with intact customer relationships and improved internal processes. Gross retention remains healthy, and net retention at 106% has leveled off. While a 106% net retention rate is below the 120% high that the company had a few years ago, it suggests that churn is low and expansions are still outpacing down-sells. I also believe that this is well within a normal range and expect upselling to pick up as new product offerings gain traction. It is also important to note that the remaining performance obligations [RPO] grew by 17%. This, of course, outpaces revenue growth and signals a healthy backlog of subscription business. Also, it indicates that recent large deals and rene...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . Treasury Secretary Scott Bessent stepped in to stop the slide in his country’s currency, telling CNBC earlier today: “The US has always had a strong dollar policy.” The Bloomberg Dollar Spot Index rose for the first time in a week. An ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . Treasury Secretary Scott Bessent stepped in to stop the slide in his country’s currency, telling CNBC earlier today: “The US has always had a strong dollar policy.” The Bloomberg Dollar Spot Index rose for the first time in a week. An exception to the greenback’s rally was the loonie, which stayed strong after the Bank of Canada and Federal Reserve both opted to hold rates steady. The Canadian dollar is now at its highest level against the buck since October 2024, which is nice for cross-border shoppers and vacationers — though there are fewer of them these days. A stronger currency is a complicating factor in the Canadian economy. Some export-driven manufacturers prefer a softer loonie. Among other things, it can help cushion the blow of tariffs. Canadian pension funds, stuffed to the rafters with US-dollar assets, also have some decisions to make on how to hedge their currency and political risks. As it happens, Investment Management Corp. of Ontario, a big manager of government pensions and other cash, published its annual world outlook report today. Currency risks are a feature of the new environment of trade wars and geopolitical threats, IMCO said, and investors might do well to explore the Swiss franc and Japanese yen (and gold, of course) as places to diversify. “Investors may need to contemplate what a rebalanced global economy — where the US plays a different role — means for their portfolios,” IMCO Chief Strategist Nick Chamie said. “This includes rebalancing exposures away from the US to take advantage of increasing opportunities elsewhere.” Also in this newsletter: the Liberals are rising in polls , interest rates are staying the same and department stores are going down . The following was produced with the assistance of Bloomberg Automation. Top stories The Liberals have surged to a nine-p...
Joby Aviation Inc. is raising $1 billion from the sale of shares and convertible bonds, as the air taxi company seeks to double production capacity by 2027. The Santa Cruz, California-based company is offering convertible senior notes due 2032 and common shares, according to a statement Wednesday. It’s concurrently offering shares to facilitate hedging transactions. Shares of Joby fell 13.4% to $1...
Joby Aviation Inc. is raising $1 billion from the sale of shares and convertible bonds, as the air taxi company seeks to double production capacity by 2027. The Santa Cruz, California-based company is offering convertible senior notes due 2032 and common shares, according to a statement Wednesday. It’s concurrently offering shares to facilitate hedging transactions. Shares of Joby fell 13.4% to $11.58 each in after-hours trading as of 5.22 p.m. on Wednesday in New York. The stock was up nearly 60% in the 12 months through Wednesday’s close. The company is offering the shares for $11.35 to $11.75 each, according to people familiar with the matter. The range represents a discount of as much as 15% to Wednesday’s closing price of $13.37 each. The convertible bonds are being marketed with a 0.5% to 1% coupon and a 25% to 30% conversion premium, said the people, who asked not to be identified as the information isn’t public. The number of bonds and shares to be sold has yet to be determined, they said. The offering is expected to price overnight, the people said. A representative for Joby didn’t immediately respond to a request for comment. The Santa Cruz, California-based company is among a handful of startups developing eVTOL aircraft — electric vertical takeoff and landing vehicles — to fly customers on short commuter journeys via battery-powered air taxis. Joby said in December that it plans to double its US manufacturing capacity to as many as four aircraft per month by 2027, using both its main production site in California and another in Ohio. Toyota Motor Corp. became its largest shareholder in May, and Joby has touted the Japanese carmaker’s support in honing its manufacturing. Read More: Joby Aims to Double Planned Air Taxi Output by 2027 Morgan Stanley, Allen & Co. and Bank of America Corp. are working on the share sale, while the three firms and Goldman Sachs Group Inc. are working on the convertible bond offering.
Today, Jan. 28, 2026, investors are weighing fresh foundry talks, insider buying, and AI optimism against Intel’s recent losses. Expand NASDAQ : INTC Intel Today's Change ( 11.04 %) $ 4.85 Current Price $ 48.78 Key Data Points Market Cap $219B Day's Range $ 46.32 - $ 49.28 52wk Range $ 17.66 - $ 54.60 Volume 201M Avg Vol 98M Gross Margin 34.77 % Intel (INTC +11.04%), designs and manufactures micro...
Today, Jan. 28, 2026, investors are weighing fresh foundry talks, insider buying, and AI optimism against Intel’s recent losses. Expand NASDAQ : INTC Intel Today's Change ( 11.04 %) $ 4.85 Current Price $ 48.78 Key Data Points Market Cap $219B Day's Range $ 46.32 - $ 49.28 52wk Range $ 17.66 - $ 54.60 Volume 201M Avg Vol 98M Gross Margin 34.77 % Intel (INTC +11.04%), designs and manufactures microprocessors and related technologies, closed Wednesday at $48.78, up 11.04%. The stock moved higher after reports of prospective Nvidia and Apple foundry deals and insider buying. Investors are watching whether these partnerships can offset earlier concerns about Intel’s 2026 outlook. Trading volume reached 200 million shares, about 107% above its three-month average of 96 million shares. Intel IPO'd in 1980 and has grown 14,885% since going public. How the markets moved today S&P 500 (^GSPC 0.01%) slipped 0.01% to 6,978, while the Nasdaq Composite (^IXIC +0.17%) rose 0.17% to 23,857. Within semiconductors, industry peers Advanced Micro Devices (AMD +0.28%) closed at $252.74 (up 0.28%) and Nvidia (NVDA +1.67%) finished at $191.52 (up 1.59%), trailing Intel’s sharper rebound. What this means for investors Intel’s market move today can be mostly attributed to a pre-market report suggesting that Nvidia and Apple (AAPL 0.71%) may shift some of their 2028 chip production to Intel. While the highest-end chips will still be manufactured by Taiwan Semiconductor Manufacturing Company (TSM +1.14%), any business shifting to Intel is good news for its foundry ambitions. Other news about Intel’s CEO buying stock and a high price target from an analyst likely added to the stock’s great day. Despite today’s good news, it’s worth remembering that Intel’s shares have still not recovered from their double-digit fall after last week’s Q4 2025 earnings report that showed a $300 million GAAP loss and ongoing supply constraints.
Intel (NASDAQ:INTC), designs and manufactures microprocessors and related technologies, closed Wednesday at $48.78, up 11.04%. The stock moved higher after reports of prospective Nvidia and Apple foundry deals and insider buying. Investors are watching whether these partnerships can offset earlier concerns about Intel’s 2026 outlook. Trading volume reached 200 million shares, about 107% above its ...
Intel (NASDAQ:INTC), designs and manufactures microprocessors and related technologies, closed Wednesday at $48.78, up 11.04%. The stock moved higher after reports of prospective Nvidia and Apple foundry deals and insider buying. Investors are watching whether these partnerships can offset earlier concerns about Intel’s 2026 outlook. Trading volume reached 200 million shares, about 107% above its three-month average of 96 million shares. Intel IPO'd in 1980 and has grown 14,885% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) slipped 0.01% to 6,978, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.17% to 23,857. Within semiconductors, industry peers Advanced Micro Devices (NASDAQ:AMD) closed at $252.74 (up 0.28%) and Nvidia (NASDAQ:NVDA) finished at $191.52 (up 1.59%), trailing Intel’s sharper rebound. What this means for investors Intel’s market move today can be mostly attributed to a pre-market report suggesting that Nvidia and Apple (NASDAQ:AAPL) may shift some of their 2028 chip production to Intel. While the highest-end chips will still be manufactured by Taiwan Semiconductor Manufacturing Company (NYSE:TSM), any business shifting to Intel is good news for its foundry ambitions. Other news about Intel’s CEO buying stock and a high price target from an analyst likely added to the stock’s great day. Despite today’s good news, it’s worth remembering that Intel’s shares have still not recovered from their double-digit fall after last week’s Q4 2025 earnings report that showed a $300 million GAAP loss and ongoing supply constraints. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 950%* — a market-crushing outperformance compared to 197% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of January 28, 2...
Goalkeeper Anatoliy Trubin scores in the 98th minute to give Benfica a 4-2 win over Real Madrid - a goal which also secures Jose Mourinho's side a place in the last 16 play-offs of the Champions League on goal difference. MATCH REPORT: Champions League - Benfica 4-2 Real Madrid Available to UK users only.
Goalkeeper Anatoliy Trubin scores in the 98th minute to give Benfica a 4-2 win over Real Madrid - a goal which also secures Jose Mourinho's side a place in the last 16 play-offs of the Champions League on goal difference. MATCH REPORT: Champions League - Benfica 4-2 Real Madrid Available to UK users only.
Tesla’s most recent quarterly earnings report showed slumping vehicle sales and declining revenue, as the company’s CEO, Elon Musk, pins the company’s futures on AI and robotics. The earnings report described Tesla’s chaotic year as a “transition from a hardware-centric business to a physical AI company”. The high hopes and grand possibilities Musk has outlined helped Tesla beat Wall Street expect...
Tesla’s most recent quarterly earnings report showed slumping vehicle sales and declining revenue, as the company’s CEO, Elon Musk, pins the company’s futures on AI and robotics. The earnings report described Tesla’s chaotic year as a “transition from a hardware-centric business to a physical AI company”. The high hopes and grand possibilities Musk has outlined helped Tesla beat Wall Street expectations, even as the company reported its first-ever decline in total revenue – losing 3% year-over-year. Tesla reported fourth quarter earnings per share of $0.50 after the market close on Wednesday, exceeding the $0.45 that Wall Street expected. Its reported revenue was $24.9bn, beating analyst estimates of $24.79bn. The company’s total automotive revenues dropped 11% year-over-year in 2025. Earlier this month, Tesla reported its fourth quarter vehicle delivery numbers, which measure buyers’ receipt of their cars rather than dealership sales, revealing a 16% decline year-over-year, hurt especially by cratering interest in Europe. The company’s stock rose by about 4% in after-hours trading. As Tesla’s vehicle sales have fallen over the past year, Musk and the company have emphasized a shift towards AI-driven projects such as Optimus consumer robots and self-driving Robotaxis. All of these technologies remain unproven and not widely available to the public, let alone profitable, but they have allowed Musk to claim the company will see unparalleled future growth without much to show for it today. Musk has stated that Optimus would be the “biggest product of all time” and said that the robots, along with autonomous vehicles, would usher in “a world where there is no poverty”. Tesla plans to start production of Optimus before the end of 2026, according to the earnings report. Musk has said the company will sell the robot to the public in 2027. Tesla also revealed that earlier this month it agreed to invest $2bn into xAI, Musk’s artificial intelligence company. Although Tesla’s ...
Tesla’s total automotive revenues dropped 11% year-over-year in 2025 Photograph: Florence Lo/Reuters · Photograph: Florence Lo/Reuters Tesla’s most recent quarterly earnings report showed slumping vehicle sales and declining revenue, as the company’s CEO, Elon Musk, pins the company’s futures on AI and robotics. The earnings report described Tesla’s chaotic year as a “transition from a hardware-ce...
Tesla’s total automotive revenues dropped 11% year-over-year in 2025 Photograph: Florence Lo/Reuters · Photograph: Florence Lo/Reuters Tesla’s most recent quarterly earnings report showed slumping vehicle sales and declining revenue, as the company’s CEO, Elon Musk, pins the company’s futures on AI and robotics. The earnings report described Tesla’s chaotic year as a “transition from a hardware-centric business to a physical AI company”. The high hopes and grand possibilities Musk has outlined helped Tesla beat Wall Street expectations, even as the company reported its first-ever decline in total revenue – losing 3% year-over-year. Tesla reported fourth quarter earnings per share of $0.50 after the market close on Wednesday, exceeding the $0.45 that Wall Street expected. Its reported revenue was $24.9bn, beating analyst estimates of $24.79bn. The company’s total automotive revenues dropped 11% year-over-year in 2025. Earlier this month, Tesla reported its fourth quarter vehicle delivery numbers, which measure buyers’ receipt of their cars rather than dealership sales, revealing a 16% decline year-over-year, hurt especially by cratering interest in Europe. The company’s stock rose by about 4% in after-hours trading. Related: At Davos, tech CEOs laid out their vision for AI’s world domination As Tesla’s vehicle sales have fallen over the past year, Musk and the company have emphasized a shift towards AI-driven projects such as Optimus consumer robots and self-driving Robotaxis. All of these technologies remain unproven and not widely available to the public, let alone profitable, but they have allowed Musk to claim the company will see unparalleled future growth without much to show for it today. Musk has stated that Optimus would be the “biggest product of all time” and said that the robots, along with autonomous vehicles, would usher in “a world where there is no poverty”. Tesla plans to start production of Optimus before the end of 2026, according to the earnings r...