Elon's X Overhaul: Muting Political Posts And Banishing 'Rage Bait' Authored by Steve Watson via Modernity.news, While Elon Musk is rightly credited for transforming X into a battleground for unfiltered truth, he dropped two bombshells this week that could significantly reshape the platform. In a move that promises cleaner feeds but sparks fears of shadowy content policing, Musk revealed plans for...
Elon's X Overhaul: Muting Political Posts And Banishing 'Rage Bait' Authored by Steve Watson via Modernity.news, While Elon Musk is rightly credited for transforming X into a battleground for unfiltered truth, he dropped two bombshells this week that could significantly reshape the platform. In a move that promises cleaner feeds but sparks fears of shadowy content policing, Musk revealed plans for topic-specific “For You” tabs free from “political rage bait” and an outright mute tool for all political posts . Critics are already sounding alarms over potential censorship creep. Musk’s move comes as a direct response to some user gripes about X turning into a rage-fueled echo chamber. With immigration debates, election fallout, and globalist agendas dominating timelines, Musk’s tweaks aim to let users opt out of the frenzy. But in an era where Big Tech has a history of silencing conservative voices, the big question looms: who defines “rage bait,” and does this undermine the free speech haven Musk vowed to build? The @xAI team is working on providing For You tabs that are specific to topics. For example, a “For You AI” that is focused only on artificial intelligence with no political rage bait. This would be like automatically generated follow lists with content ranked by quality. — Elon Musk (@elonmusk) January 24, 2026 Musk first teased the changes in a post on Saturday, explaining that his xAI team is crafting specialized “For You” tabs. “The @xAI team is working on providing For You tabs that are specific to topics,” he wrote. As an example, he pointed to a “For You AI” tab “focused only on artificial intelligence with no political rage bait.” He likened it to “automatically generated follow lists with content ranked by quality.” Then, on Sunday, Musk doubled down in response to a frustrated user complaining about the app’s political overload. The user lamented, “bro how do i mute all political posts on this app holy hell it has turned into reddit.” Musk’s reply w...
Image source: The Motley Fool. Tuesday, October 28, 2025 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — James Lally Chief Financial Officer and Chief Operating Officer — Keene Turner Chief Banking Officer — Douglas Bauche TAKEAWAYS Diluted EPS -- $1.19, compared to $1.36 in the prior quarter and $1.32 a year ago. -- $1.19, compared to $1.36 in the prior quarter and $1.32 a year ago. Net...
Image source: The Motley Fool. Tuesday, October 28, 2025 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — James Lally Chief Financial Officer and Chief Operating Officer — Keene Turner Chief Banking Officer — Douglas Bauche TAKEAWAYS Diluted EPS -- $1.19, compared to $1.36 in the prior quarter and $1.32 a year ago. -- $1.19, compared to $1.36 in the prior quarter and $1.32 a year ago. Net Interest Income -- Increased $5.5 million sequentially, marking the sixth consecutive quarter of growth. -- Increased $5.5 million sequentially, marking the sixth consecutive quarter of growth. Net Interest Margin -- Increased by 2 basis points to 4.23% from the prior quarter and up from 4.17% a year earlier despite over 100 basis points in Federal Reserve rate cuts. -- Increased by 2 basis points to 4.23% from the prior quarter and up from 4.17% a year earlier despite over 100 basis points in Federal Reserve rate cuts. Loan Growth -- Annualized growth rate of 6%, or $174 million net of $22 million in guaranteed loan sales, with origination yields at 6.98%. -- Annualized growth rate of 6%, or $174 million net of $22 million in guaranteed loan sales, with origination yields at 6.98%. Deposit Growth -- Core deposits, excluding brokered CDs, increased $240 million sequentially, with noninterest-bearing accounts remaining at 32% of total deposits. -- Core deposits, excluding brokered CDs, increased $240 million sequentially, with noninterest-bearing accounts remaining at 32% of total deposits. Specialty Deposits -- $189 million growth quarter over quarter and 22% year over year, driven by property management, community association, and legal escrow verticals. -- $189 million growth quarter over quarter and 22% year over year, driven by property management, community association, and legal escrow verticals. Branch Acquisition -- Closed on 12 branches, adding approximately $650 million in deposits and $300 million in loans, with expected annualized run-rate expense of just under...
Image source: The Motley Fool. Tuesday, April 29, 2025 at 9:00 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Louis J. Torchio Executive Vice President and Chief Financial Officer — Douglas E. Schosser TAKEAWAYS Revenue -- $156 million, with 1.2% linked-quarter growth and 19% year-over-year growth. -- $156 million, with 1.2% linked-quarter growth and 19% year-over-year growth. N...
Image source: The Motley Fool. Tuesday, April 29, 2025 at 9:00 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Louis J. Torchio Executive Vice President and Chief Financial Officer — Douglas E. Schosser TAKEAWAYS Revenue -- $156 million, with 1.2% linked-quarter growth and 19% year-over-year growth. -- $156 million, with 1.2% linked-quarter growth and 19% year-over-year growth. Net Income -- $43 million, up $14 million, or 48%, from the first quarter of 2024. -- $43 million, up $14 million, or 48%, from the first quarter of 2024. Earnings Per Diluted Share -- $0.34, compared to $0.23 in the first quarter of 2024. -- $0.34, compared to $0.23 in the first quarter of 2024. Net Interest Margin (NIM) -- 3.87%, a 45-basis-point expansion from the prior quarter, including a 39-basis-point interest recovery. -- 3.87%, a 45-basis-point expansion from the prior quarter, including a 39-basis-point interest recovery. Commercial & Industrial (C&I) Loans -- Average balances up 20% year over year and $121 million, or 6.2%, from the previous quarter. -- Average balances up 20% year over year and $121 million, or 6.2%, from the previous quarter. Total Loan Yield -- Increased 44 basis points quarter-on-quarter to 6.0%. -- Increased 44 basis points quarter-on-quarter to 6.0%. Consumer Non-Brokered Deposits -- Average balances increased $68 million quarter-on-quarter, with brokered deposits down $8 million. -- Average balances increased $68 million quarter-on-quarter, with brokered deposits down $8 million. Cost of Deposits -- Down 9 basis points quarter-on-quarter to 1.59%. -- Down 9 basis points quarter-on-quarter to 1.59%. Non-Interest Income -- Decreased by $11.7 million quarter-on-quarter due to prior asset sales, but increased $0.4 million year over year. -- Decreased by $11.7 million quarter-on-quarter due to prior asset sales, but increased $0.4 million year over year. Non-Interest Expense -- $92 million, up 2% year over year due to $1.1 million in merger-rela...
Image source: The Motley Fool. Monday, April 28, 2025 at 5 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jure Sola Executive Vice President and Chief Financial Officer — Jon D. Faust Vice President, Investor Relations — Paige Melching Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $1.98 billion, up 8.1% year over year, with growth across mo...
Image source: The Motley Fool. Monday, April 28, 2025 at 5 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jure Sola Executive Vice President and Chief Financial Officer — Jon D. Faust Vice President, Investor Relations — Paige Melching Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $1.98 billion, up 8.1% year over year, with growth across most end markets, including a 20.3% rise in Communication Networks and Cloud Infrastructure. -- $1.98 billion, up 8.1% year over year, with growth across most end markets, including a 20.3% rise in Communication Networks and Cloud Infrastructure. Non-GAAP Gross Margin -- 9.1%, an increase of 20 basis points compared to the prior year period, attributed to favorable mix and operational efficiencies. -- 9.1%, an increase of 20 basis points compared to the prior year period, attributed to favorable mix and operational efficiencies. Non-GAAP Operating Expenses -- $70.7 million, which exceeded the outlook due to targeted investments for future growth. -- $70.7 million, which exceeded the outlook due to targeted investments for future growth. Non-GAAP Operating Income -- $110.6 million, representing 5.6% of revenue, up 20 basis points year over year, in line with the previously communicated 5%-6% short-term target range. -- $110.6 million, representing 5.6% of revenue, up 20 basis points year over year, in line with the previously communicated 5%-6% short-term target range. Non-GAAP Diluted EPS -- $1.41 per share, up 7.8% with approximately 56 million shares outstanding. -- $1.41 per share, up 7.8% with approximately 56 million shares outstanding. IMS Segment Revenue -- $1.60 billion, up 9.8% year over year, primarily driven by Communication Networks and Cloud Infrastructure strength. -- $1.60 billion, up 9.8% year over year, primarily driven by Communication Networks and Cloud Infrastructure strength. CPS Segment Revenue -- $411 million, rising 3.3%, led by higher demand across mo...
Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company’s efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company’s Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build “AI factories” (data centers) that would use the...
Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company’s efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company’s Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build “AI factories” (data centers) that would use the chipmaker’s products. CoreWeave will also integrate Nvidia’s products across its platform, including the new Rubin chip architecture (set to replace the current Blackwell architecture), Bluefield storage systems, as well as the chipmaker’s new CPU line, Vera. The deal is a strong show of support for CoreWeave, which has come under scrutiny over the past few months for raising billions in debt to continue building out its data center operations. The company had $18.81 billion in debt obligations as of September 2025, according to PitchBook data, and it reported revenue of $1.36 billion in the third quarter. The company’s CEO Michael Intrator has defended its business model (funding operations by raising debt with its GPUs as collateral), and has addressed concerns of circular deals in the AI industry by saying companies have to “work together” to address a “violent change in supply and demand.” The company has managed to successfully ride the AI wave since its transition from a crypto mining company to a provider of data center services for AI training and inference. And since its IPO in March last year, it has been busy fleshing out its technology stack with a slew of acquisitions. It acquired Weights & Biases, an AI developer platform, in March, and then soon after bought reinforcement learning startup OpenPipe. In October, it agreed to acquire Marimo (an open-source Jupyter notebook competitor) and Monolith, another AI company. It also recently expanded its cloud partnership with OpenAI. The company currently counts several hyperscalers as customers, including OpenAI, Me...
Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company’s efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company’s Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build “AI factories” (data centers) that would use the...
Nvidia said on Monday it has invested $2 billion in CoreWeave to hasten the data center company’s efforts to add more than 5 gigawatts of AI computing capacity by 2030. The chipmaker, already an investor in CoreWeave, said it had bought the company’s Class A shares at $87.20 per share. As part of the deal, CoreWeave and Nvidia plan to together build “AI factories” (data centers) that would use the chipmaker’s products. CoreWeave will also integrate Nvidia’s products across its platform, including the new Rubin chip architecture (set to replace the current Blackwell architecture), Bluefield storage systems, as well as the chipmaker’s new CPU line, Vera. The deal is a strong show of support for CoreWeave, which has come under scrutiny over the past few months for raising billions in debt to continue building out its data center operations. The company had $18.81 billion in debt obligations as of September 2025, according to PitchBook data, and it reported revenue of $1.36 billion in the third quarter. The company’s CEO Michael Intrator has defended its business model (funding operations by raising debt with its GPUs as collateral), and has addressed concerns of circular deals in the AI industry by saying companies have to “work together” to address a “violent change in supply and demand.” The company has managed to successfully ride the AI wave since its transition from a crypto mining company to a provider of data center services for AI training and inference. And since its IPO in March last year, it has been busy fleshing out its technology stack with a slew of acquisitions. It acquired Weights & Biases, an AI developer platform, in March, and then soon after bought reinforcement learning startup OpenPipe. In October, it agreed to acquire Marimo (an open-source Jupyter notebook competitor) and Monolith, another AI company. It also recently expanded its cloud partnership with OpenAI. The company currently counts several hyperscalers as customers, including OpenAI, Me...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 8:30 a.m. ET Call participants President & Chief Executive Officer — Louis J. Torchio Executive Vice President & Chief Financial Officer — Douglas M. Schosser Executive Vice President & Chief Credit Officer — Thomas K. Creal Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Penns Woods Merger -- Legal close complet...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 8:30 a.m. ET Call participants President & Chief Executive Officer — Louis J. Torchio Executive Vice President & Chief Financial Officer — Douglas M. Schosser Executive Vice President & Chief Credit Officer — Thomas K. Creal Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Penns Woods Merger -- Legal close completed July 25, with customer and data conversion finalized by July 28; transaction described as the largest in company history and key merger metrics, including cost reductions, are "on target or better than our original expectations." -- Legal close completed July 25, with customer and data conversion finalized by July 28; transaction described as the largest in company history and key merger metrics, including cost reductions, are "on target or better than our original expectations." Total Assets -- Approximately $17 billion following the Penns Woods acquisition, resulting in Northwest Bancshares NWBI 0.16% ) -- Approximately $17 billion following the Penns Woods acquisition, resulting in Revenue -- $150 million for the quarter, reflecting a 53.5% GAAP increase from the prior year, which included a $39.4 million portfolio restructuring loss (not present this year). -- $150 million for the quarter, reflecting a 53.5% GAAP increase from the prior year, which included a $39.4 million portfolio restructuring loss (not present this year). Net Income (GAAP) -- $33.7 million, or $0.26 per diluted share, compared to $0.04 per share in the same quarter last year. -- $33.7 million, or $0.26 per diluted share, compared to $0.04 per share in the same quarter last year. Net Income (Non-GAAP, merger-adjusted) -- $38.2 million, or $0.30 per diluted share, up from $35.5 million and $0.27 per share (adjusted) last year, indicating a 10% earnings per share increase. -- $38.2 million, or $0.30 per diluted share, up from $35.5 million and $0.27 per share (adjusted) last year, indicating a 10% e...
Alexey_Fedoren U.S. stocks were higher on Monday as mega-cap earnings take center stage, gold ( XAUUSD:CUR ) continues to rally beyond $5,000, and rising political uncertainty, including sharply increased odds of a U.S. government shutdown and fresh tariff threats, persists. The benchmark S&P 500 ( SP500 ) was last +0.5% in late morning trade, while the Nasdaq Composite ( COMP:IND ) was +0.5% , an...
Alexey_Fedoren U.S. stocks were higher on Monday as mega-cap earnings take center stage, gold ( XAUUSD:CUR ) continues to rally beyond $5,000, and rising political uncertainty, including sharply increased odds of a U.S. government shutdown and fresh tariff threats, persists. The benchmark S&P 500 ( SP500 ) was last +0.5% in late morning trade, while the Nasdaq Composite ( COMP:IND ) was +0.5% , and the Dow ( DJI ) was +0.5% . Gold’s spot price (XAUUS:CUR) topped the $5,000 per ounce level for the first time on Sunday as geopolitical concerns rose. Silver ( XAGUSD:CUR ) also hit a record, now over $110 per ounce, as fears of a U.S. government shutdown rise , according to prediction markets . “About a year ago, I stated that I felt [gold would] hit this milestone by the end of 2025—so we are a month behind where I thought we would be. Next stop? We are likely to see $6,000 in 2026, though I expect the climb to be a lot more volatile from here for the reasons cited in earlier posts,” said Mohamed A. El-Erian, chief economic adviser at Allianz. In addition, USA Rare Earth ( USAR ) rallied +15.9% on Monday after it entered into a non-binding LOI with the U.S. Department of Commerce and a collaboration with the U.S. Department of Energy, as the U.S. government took an equity stake . On the earnings front, tech mega-caps such as Microsoft ( MSFT ), Tesla ( TSLA ), Meta Platforms ( META ), and Apple ( AAPL ) are expected to report this week, as well as Visa ( V ), American Express ( AXP ), Chevron ( CVX ), and Exxon Mobil ( XOM ). “S&P 500 (SP500) companies with more than half of their revenue coming from outside the U.S. are expected to see earnings grow 12.6% in Q4 vs. only 5.5% if more than half comes from the U.S. Further proof the global economy is doing much better than most are telling us?” said Ryan Detrick, chief market strategist at Carson Group. In economic news, durable goods orders jumped 5.3% MoM in November, passing consensus. Excluding transportation, new or...
In this article BAH Follow your favorite stocks CREATE FREE ACCOUNT The Booz Allen Hamilton Headquarters on June 20, 2024 in Mclean, Virginia. Kevin Dietsch | Getty Images News | Getty Images Treasury Secretary Scott Bessent on Monday said he had cancelled all Treasury Department contracts with the consulting firm Booz Allen Hamilton , one of whose employees leaked the tax records of President Don...
In this article BAH Follow your favorite stocks CREATE FREE ACCOUNT The Booz Allen Hamilton Headquarters on June 20, 2024 in Mclean, Virginia. Kevin Dietsch | Getty Images News | Getty Images Treasury Secretary Scott Bessent on Monday said he had cancelled all Treasury Department contracts with the consulting firm Booz Allen Hamilton , one of whose employees leaked the tax records of President Donald Trump , and the billionaires Jeff Bezos and Elon Musk , to media outlets. The department said it currently has 31 separate contracts with Booz Allen Hamilton, totaling $4.8 million in annual spending and $21 million in total obligations. "President Trump has entrusted his cabinet to root out waste, fraud, and abuse, and canceling these contracts is an essential step to increasing Americans' trust in government," Bessent said in a statement. "Booz Allen failed to implement adequate safeguards to protect sensitive data, including the confidential taxpayer information it had access to through its contracts with the Internal Revenue Service," he said. The department noted that between 2018 and 2020, Booz Allen employee Charles Edward Littlejohn "stole and leaked the confidential tax returns and return information of hundreds of thousands of taxpayers." The data breach affected about 406,000 taxpayers, according to the IRS. Littlejohn, 40, pleaded guilty in October 2023 to one count of disclosure of tax return information. He admitted leaking Trump's tax records to The New York Times. He also admitted to leaking records about wealthy individuals to the news outlet ProPublica. He was sentenced to the maximum term of five years in prison in January 2024. CNBC has requested comment from Booz Allen.
Key Takeaways Elon Musk says that Tesla is planning to make its Optimus robots available for sale by the end of 2027. The Tesla CEO says that Optimus will be able to perform any task in a reliable and safe manner. Musk painted a view of the future where “everyone on Earth” owns a humanoid robot. Tesla CEO Elon Musk says that the company’s long-promised humanoid robot, Optimus, is finally headed fo...
Key Takeaways Elon Musk says that Tesla is planning to make its Optimus robots available for sale by the end of 2027. The Tesla CEO says that Optimus will be able to perform any task in a reliable and safe manner. Musk painted a view of the future where “everyone on Earth” owns a humanoid robot. Tesla CEO Elon Musk says that the company’s long-promised humanoid robot, Optimus, is finally headed for consumers. Speaking at the World Economic Forum in Davos, Switzerland last week, Musk said that Tesla is “planning to make its Optimus robots available for sale to the public by the end of 2027.” That is when Tesla will be confident that the robots will be highly reliable, safe and functional. The robots will be able to perform any task, he said. If the timeline holds, it would mark one of the first attempts to bring a general-purpose humanoid robot into homes. The robot will cost between $20,000 and $30,000. In Musk’s view, Optimus robots could one day become as common as smartphones, with “everyone on Earth” eventually owning one. “My prediction is there will be more robots than people,” he said at Davos. A Tesla Optimus robot. Photographer: Anindito Mukherjee/Bloomberg For now, a small number of Optimus units are already at work in Tesla facilities, performing basic factory tasks. Musk predicted that those robots would be handling more complex jobs by the end of this year. “Humanoid robotics will advance very quickly,” Musk said. The Tesla CEO noted that early production will be slow because “almost everything is new” in Optimus’ construction, with new parts and processes involved. So even if Optimus technically goes on sale by 2027, early buyers should expect limited availability and a gradual rollout. Tesla engineers designed Optimus as a general-purpose humanoid robot that can eventually take over a wide range of physical tasks, like household chores. Musk said at Davos that once reliability and safety are high enough, “you can basically ask it to do anything you’d ...
Image source: The Motley Fool. Friday, July 18, 2025 at 12 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Kenneth A. Vecchione Chief Financial Officer — Dale M. Gibbons Chief Banking Officer, Regional Banking — Timothy R. Bruckner Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Interest Income -- $698 million, increasing $47 million sequentially, reflecting 7.2%...
Image source: The Motley Fool. Friday, July 18, 2025 at 12 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Kenneth A. Vecchione Chief Financial Officer — Dale M. Gibbons Chief Banking Officer, Regional Banking — Timothy R. Bruckner Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Interest Income -- $698 million, increasing $47 million sequentially, reflecting 7.2% quarter-over-quarter growth and nearly 29% annualized. -- $698 million, increasing $47 million sequentially, reflecting 7.2% quarter-over-quarter growth and nearly 29% annualized. PPNR -- $331 million, up 19% from the prior quarter, driven by strong organic loan growth and higher average securities balances. -- $331 million, up 19% from the prior quarter, driven by strong organic loan growth and higher average securities balances. Average Earning Asset Growth -- 17.3% annualized quarter over quarter, indicating sustained expansion in core lending activities. -- 17.3% annualized quarter over quarter, indicating sustained expansion in core lending activities. Net Interest Margin -- 3.53%, expanding 6 basis points sequentially from Q1, aided by CD repricing and lower deposit costs. -- 3.53%, expanding 6 basis points sequentially from Q1, aided by CD repricing and lower deposit costs. Noninterest Income -- $148 million, increasing 16.4% quarter over quarter. -- $148 million, increasing 16.4% quarter over quarter. Mortgage Banking Revenue -- Approximately $78 million, with production volume up 25% year over year and gain on sale margin up 1 basis point from Q1, but overall mortgage banking revenue remaining flat year over year. -- Approximately $78 million, with production volume up 25% year over year and gain on sale margin up 1 basis point from Q1, but overall mortgage banking revenue remaining flat year over year. Noninterest Expense -- $515 million, up $14 million or 3% quarter over quarter, largely driven by an $11 million sequential increase in deposit-related costs. -- $...
A consumer tech rental service which has struck partnerships with Apple, Dyson and Sony's PlayStation brand has landed £30m in new financial backing and an alliance with LG, the Korean electronics giant Sky News has learnt that Raylo, which was founded in 2018, will announce on Tuesday that the American financial services giant Citibank has become a shareholder in the business. Citibank has led a ...
A consumer tech rental service which has struck partnerships with Apple, Dyson and Sony's PlayStation brand has landed £30m in new financial backing and an alliance with LG, the Korean electronics giant Sky News has learnt that Raylo, which was founded in 2018, will announce on Tuesday that the American financial services giant Citibank has become a shareholder in the business. Citibank has led a £10m equity injection in the business, while Raylo has also secured an additional £20m of debt financing from NatWest Group, the high street lender. The funding round values Raylo at $150m (£109m) on a post-money basis, according to the company. It takes the total amount of debt and equity funding raised by the company to more than £180m, and is aimed at helping it prepare to launch in the US in the second half of the year. Raylo's new partnership with LG, which will allow UK customers to access premium TV and audio products, underlines the British company's conviction that both consumers and multinational tech brands are shifting towards subscription-based models. "Electronics brands are increasingly moving beyond one-time sales and toward subscription-first models," Karl Gilbert, Raylo co-founder and chief executive, said. Read more from Sky News: Remains of last Israeli hostage found in Gaza Police appeal for 'heroic' witness who stepped in to help three women "Our partnership with LG marks a key step in that transition, delivering clear value for both electronics brands and customers whilst expanding our category offering with a true global leader. "As we prepare for global expansion, this momentum reflects strong confidence from leading brands and investors in our ability to scale Raylo's subscription model across categories and markets." Raylo's other financing partners include Macquarie and Channel 4 Ventures, which has struck a series of media-for-equity deals.
Suella Braverman has defected to Reform UK, the third sitting Conservative MP to join Nigel Farage’s party in little more than a week. The former cabinet minister, who has been an MP since 2015 and served as home secretary under Liz Truss and Rishi Sunak, was a surprise speaker at a Reform event in London where she announced she was joining the party. “I have resigned the Conservative whip and my ...
Suella Braverman has defected to Reform UK, the third sitting Conservative MP to join Nigel Farage’s party in little more than a week. The former cabinet minister, who has been an MP since 2015 and served as home secretary under Liz Truss and Rishi Sunak, was a surprise speaker at a Reform event in London where she announced she was joining the party. “I have resigned the Conservative whip and my party membership of 30 years because I believe with my heart and soul that a better future is possible for us,” she said. “I feel like I have come home.” A furious row broke out after the Conservative party issued a scathing response to the defection, making unsubstantiated claims about Braverman’s mental health before issuing a “correction” saying this was a “draft version” that had been sent out in error. The earlier Tory statement had said: “It was only a matter of when, not if, Suella would defect.” Without providing any evidence for Braverman suffering from mental ill health, it said: “The Conservatives did all we could to look after Suella’s mental health, but she was clearly very unhappy. She says she feels that she has ‘come home’, which will come as a surprise to the people who chose not to elect a Reform MP in her constituency in 2024. “There are some people who are MPs because they care about their communities and want to deliver a better country. There are others who do it for their personal ambition.” View image in fullscreen Suella Braverman and Nigel Farage at the press conference. Photograph: Sean Smith/The Guardian There was understood to be unease in Tory ranks about the statement and there was explicit criticism from Labour MPs, including Josh Fenton-Glynn, who described it as “horrible”, and Mike Tapp, the immigration minister, who described it as “gutter politics”. Nigel Farage, who presented Braverman in front of a rally of veterans, told reporters afterward Braverman’s defection that they had been speaking for at least a year. Saying she understood he...
Grandbrothers/iStock Editorial via Getty Images Brazilian aircraft manufacturer Embraer ( EMBJ ) is aiming to lift annual commercial jet deliveries back to pre-pandemic levels of roughly 100 aircraft within the next two years, with the potential to exceed that mark as demand for regional jets continues to build, Reuters reported Monday. The company plans to raise production and deliveries by nearl...
Grandbrothers/iStock Editorial via Getty Images Brazilian aircraft manufacturer Embraer ( EMBJ ) is aiming to lift annual commercial jet deliveries back to pre-pandemic levels of roughly 100 aircraft within the next two years, with the potential to exceed that mark as demand for regional jets continues to build, Reuters reported Monday. The company plans to raise production and deliveries by nearly 30 percent over the next 24 months compared with last year. In 2025, Embraer ( EMBJ ) delivered 78 commercial aircraft, landing at the lower end of its projected range of 77 to 85 jets. Embraer’s ( EMBJ ) commercial aviation leadership says the immediate priority is restoring output to historical norms before considering further expansion. However, the current order book and recent sales momentum suggest production may need to rise beyond that initial target. While Embraer ( EMBJ ) lost a high-profile competition in Poland to Airbus ( EADSF ) ( EADSY ), the Brazilian manufacturer sharply increased sales of its E2 regional jet family last year. Net orders for the E2 reached 131 aircraft, far exceeding orders for Airbus’s A220, with customers including All Nippon Airways and LATAM among the buyers. More on Embraer Embraer: The Aerospace Comeback Story That Just Keeps Flying Higher Embraer S.A. (EMBJ) Q3 2025 Earnings Call Transcript China flies new unmanned cargo aircraft on maiden mission General Dynamics, L3Harris upgraded at Morgan Stanley; Lockheed Martin downgraded Seeking Alpha’s Quant Rating on Embraer
Image source: The Motley Fool. Tuesday, April 29, 2025 at 10 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Richard Wayne Chief Financial Officer — Rebecca Rand Executive Vice President, Lending — Patrick Dignan Chairman — Richard Cohen Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Income -- $18.7 million, up $4.8 million year over year but down $3...
Image source: The Motley Fool. Tuesday, April 29, 2025 at 10 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Richard Wayne Chief Financial Officer — Rebecca Rand Executive Vice President, Lending — Patrick Dignan Chairman — Richard Cohen Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Income -- $18.7 million, up $4.8 million year over year but down $3.7 million versus the linked quarter, due to several specified nonrecurring factors. -- $18.7 million, up $4.8 million year over year but down $3.7 million versus the linked quarter, due to several specified nonrecurring factors. Loan Volume -- $414 million total; $218 million originated, $121.3 million in SBA, and $74.6 million purchased, reflecting significant commercial real estate origination and a record SBA quarter. -- $414 million total; $218 million originated, $121.3 million in SBA, and $74.6 million purchased, reflecting significant commercial real estate origination and a record SBA quarter. Return Metrics -- ROE at 16.47% and ROA at 1.86%. -- ROE at 16.47% and ROA at 1.86%. Tangible Book Value -- $54.84 per share at quarter end. -- $54.84 per share at quarter end. Net Interest Income -- Down $2.5 million from the linked quarter, primarily due to $1.5 million less accelerated income from purchased loan payoffs, and an $800,000 impact from two fewer days in the quarter. -- Down $2.5 million from the linked quarter, primarily due to $1.5 million less accelerated income from purchased loan payoffs, and an $800,000 impact from two fewer days in the quarter. Non-Interest Income -- $6.6 million, up $700,000 sequentially, driven by SBA gains. -- $6.6 million, up $700,000 sequentially, driven by SBA gains. Non-Interest Expense -- Included a $1.3 million incentive compensation accrual, described as a catch-up item for the third quarter, which is not expected to recur at similar levels going forward. -- Included a $1.3 million incentive compensation accrual, described as a...