Earnings Call Insights: AirSculpt Technologies (AIRS) Q4 2025 Management View CEO Yogesh Jashnani said 2025 was “a year of rebuilding and transformation,” citing added talent, new processes, a new go-to-market strategy, and “strategically exited our only clinic outside of North America to streamline operations,” while also “issuing equity and utilizing our ATM to meaningfully reduce our net debt.”...
Earnings Call Insights: AirSculpt Technologies (AIRS) Q4 2025 Management View CEO Yogesh Jashnani said 2025 was “a year of rebuilding and transformation,” citing added talent, new processes, a new go-to-market strategy, and “strategically exited our only clinic outside of North America to streamline operations,” while also “issuing equity and utilizing our ATM to meaningfully reduce our net debt.” CEO Yogesh Jashnani tied recent demand improvement to operational changes, saying the company “returned the business to stabilization and beginning in February inflected to positive same-store sales growth,” adding that “we expect Q1 same-store sales to be flat.” CEO Yogesh Jashnani emphasized GLP-1-related demand as a growth vector, saying GLP-1s are driving demand for “skin tightening, contour restoration and overall reshaping after weight loss,” and that skin tightening and fat removal represent “a $100 million-plus sales opportunity long term.” CEO Yogesh Jashnani highlighted early scaling of skin removal, stating, “Just in Q4 2025, we have completed more than 100 skin removal surgeries, and we expect this to ramp in 2026 as we expand this capability across all locations.” CEO Yogesh Jashnani described marketing changes that began in Q4, including “connected TV,” increased influencer engagement, and website conversion improvements, and said improved financing options are being used “while maintaining our policy of full upfront payment.” Quote (Chief Financial Officer Michael Arthur) “During the close process, we identified a reconciliation matter related to intercompany transactions, which led us to conduct a broader review of certain accounting treatments, including lease accounting under ASC 842.” Outlook Management guided fiscal 2026 revenue to $151 million to $157 million and fiscal 2026 adjusted EBITDA to $15 million to $17 million. CFO Michael Arthur described pacing and comparability factors, saying “we expect the business to build momentum as the year progresse...
Since the regime quashed China’s version of the K-pop industry in 2021, an underground ‘alt-idol’ culture has emerged, championing freedom and experimentation Over the past decade, “idol” culture has turned east Asia into a pop music powerhouse as global audiences have flocked to Japanese and especially South Korean groups. Formed and exactingly trained by big entertainment conglomerates, bands su...
Since the regime quashed China’s version of the K-pop industry in 2021, an underground ‘alt-idol’ culture has emerged, championing freedom and experimentation Over the past decade, “idol” culture has turned east Asia into a pop music powerhouse as global audiences have flocked to Japanese and especially South Korean groups. Formed and exactingly trained by big entertainment conglomerates, bands such as BTS and EXO have blown up internationally thanks to bombastic songs, sensational dance routines and marketing campaigns designed to build a parasocial relationship between performers – idols – and their fans. Their neighbour China, however, the population of which is roughly eight times that of Japan and South Korea combined, has produced few groups with similar fame. Until 2021, Chinese versions of Korean idol-training shows – think The X Factor with considerably more challenging choreography – were gaining huge audiences. But the shows, and the fan culture they inspired, drew the ire of the Chinese government. It cracked down on “toxic” fandom, an initiative that included banning idol-development shows. “It was an excuse to regulate the internet,” says Emily Liu, who runs the popular idol newsletter Active Faults. The government has also unofficially prohibited Korean pop idols from performing in mainland China for the last decade due to geopolitical tensions. Continue reading...
(Sub Pop) The doomy duo strip back their sound to tectonic guitars and feedback, conjuring an immersive, strangely euphoric listening experience recorded in the wilds of Washington Nearly seven years on from Sunn O)))’s last two albums, the Steve Albini-produced companion pieces Life Metal and Pyroclasts, the drone metal pioneers’ 10th album presents itself as a return to basics. Eponymously title...
(Sub Pop) The doomy duo strip back their sound to tectonic guitars and feedback, conjuring an immersive, strangely euphoric listening experience recorded in the wilds of Washington Nearly seven years on from Sunn O)))’s last two albums, the Steve Albini-produced companion pieces Life Metal and Pyroclasts, the drone metal pioneers’ 10th album presents itself as a return to basics. Eponymously titled and released on Sub Pop – the label that put out drone metal’s ur-text, Earth’s 1993 debut Earth 2: Special Low Frequency Version – it strips away Stephen O’Malley and Greg Anderson’s penchant for collaboration (Scott Walker, Merzbow) and much of the expanded musical palette that came with it. No church organ, no dulcimer, no vocals, no radical reassembly of their material courtesy of Nurse With Wound’s Steven Stapleton: closer Glory Black features a brief burst of piano, and there are apparently synthesisers somewhere in the mix, but for the most part, the album seems to deal almost exclusively in heavily distorted down-tuned guitars and feedback, the core of Sunn O)))’s sound since they formed in 1998. But clearly the notion of a back-to-basics album should not be confused with that of an understated one. It’s not really an adjective that fits something that lasts the best part of 90 minutes, comes wrapped in a sleeve featuring two Mark Rothko paintings – by permission of the painter’s estate – and features somewhere between 130 and 180 tracks of guitar per song. (The latter comes thanks to a studio procedure that involved producer Brad Wood miking up not just the duo’s amplifiers but each amplifier’s individual speakers, and setting up what he called “the world’s largest stereo array of room mics” to capture ambient textures.) It also comes complete with sleeve notes from nature writer Robert Macfarlane, which variously quote the Greek stoic Epictetus, Walter Benjamin, 19th-century naturalist John Muir, author Patrick White and indigenous American environmentalist Robi...
Nadiya Senko/iStock via Getty Images Thesis Summary Just a few weeks ago, I highlighted how the Korean Index (KOSPI) ( EWY ) had crashed 20% in two sessions, driven by an energy shock and a leverage unwind. But with the war potentially nearing an end, could this now be the time to buy? President Trump is looking to exit the Iran conflict, and Iran may want out, too. As a result, oil has pulled bac...
Nadiya Senko/iStock via Getty Images Thesis Summary Just a few weeks ago, I highlighted how the Korean Index (KOSPI) ( EWY ) had crashed 20% in two sessions, driven by an energy shock and a leverage unwind. But with the war potentially nearing an end, could this now be the time to buy? President Trump is looking to exit the Iran conflict, and Iran may want out, too. As a result, oil has pulled back, volatility has eased, and risk assets are stabilizing. Because if this really is de-escalation, then Korea may have just gone from the epicenter of risk to one of the most asymmetric opportunities in global markets. But if that’s not the case; then the downside isn’t finished. Is The War Really Over? President Trump is giving the market what it wants: a swift de-escalation from the Iran war. But it takes two parties to stop a war, and as I also highlighted last week, markets have become increasingly skeptical of Trump. For now, oil has come off its highs and equities are bouncing, but this could still be a bear market rally. The key issue here is that despite what the U.S. might say, there’s been no regime change in Iran, and that could be an issue. But most of all, even if the Iran war ends soon, the Strait of Hormuz has not been secured . This means oil prices could continue to be an issue. What we have right now is a temporary de-escalation. But, as far as the flow of oil and gas is concerned, it does seem like the worst could now be behind us, which is great news for Korea. Why Korea Could Be A Screaming Buy In my last piece, I laid out how the sell-off in Korea was driven by two things: energy exposure and leverage. Both of those have now partially reversed. Oil is down from the panic highs, which immediately relieves some of the pressure on margins, currency, and sentiment. Crude price (Trendspider) More importantly, the leverage is gone, and what was once a headwind could now be a tailwind. Just yesterday, Korea actually had to halt program trading, which is known...
Jesus Vargas/Getty Images News The Trump administration on Wednesday removed sanctions on Delcy Rodríguez , a move that allows U.S. individuals and companies to conduct business with her and signals a potential shift in relations with Venezuela . The decision by the U.S. Department of the Treasury clears restrictions that had exposed Americans to penalties for engaging with Rodríguez, who took pow...
Jesus Vargas/Getty Images News The Trump administration on Wednesday removed sanctions on Delcy Rodríguez , a move that allows U.S. individuals and companies to conduct business with her and signals a potential shift in relations with Venezuela . The decision by the U.S. Department of the Treasury clears restrictions that had exposed Americans to penalties for engaging with Rodríguez, who took power after the removal of Nicolás Maduro . U.S. officials said the step reflects recent cooperation between Washington and Caracas, including efforts tied to economic stabilization and political negotiations. Rodríguez described the move as progress toward normalizing ties and urged the U.S. to lift additional sanctions. Reopening embassy The change comes as Venezuelan diplomats return to Washington to reopen their embassy and meet with U.S. officials. It also follows recent talks between Secretary of State Marco Rubio and opposition leader María Corina Machado , who continues to push for elections. For now, sanctions remain in place on other Venezuelan officials, some of whom face U.S. criminal charges. Analysts say the move could encourage further engagement but raise questions about whether it will lead to meaningful democratic reforms. In recent weeks, U.S. energy and investment firms have traveled to Caracas to explore opportunities, suggesting growing commercial interest as restrictions begin to ease. More on State Street® Energy Select Sector SPDR® ETF S&P 500 Earning Estimates Are Surprisingly Rising And $100 WTIC Oil Is Not Expensive XLE: Sell Oil And Buy Oil Company Shares Chart Of The Day: What Will Oil Stocks Do If Oil Goes Vertical? Texas Pacific is the most oversold U.S. energy stock Lawmakers react as Trump signals Iran escalation
Kratos Defense & Security Solutions (NASDAQ: KTOS) stock has been declining for the last 10 weeks. That trend continued early today, with two new Securities and Exchange Commission (SEC) filings potentially serving as the trigger. After dropping nearly 6% this morning, though, Kratos shares recovered from that loss. The stock was up by 1.9% as of 10:38 a.m. ET. That still leaves the drone and mili...
Kratos Defense & Security Solutions (NASDAQ: KTOS) stock has been declining for the last 10 weeks. That trend continued early today, with two new Securities and Exchange Commission (SEC) filings potentially serving as the trigger. After dropping nearly 6% this morning, though, Kratos shares recovered from that loss. The stock was up by 1.9% as of 10:38 a.m. ET. That still leaves the drone and military technology company down 46% since mid-January. Image source: Getty Images. Continue reading
BrianAJackson/iStock via Getty Images Investment Overview When I last covered Omeros Corporation ( OMER ) for Seeking Alpha in October last year , its stock was soaring in value on news of a deal struck with Novo Nordisk ( NVO ), to license its drug candidate zaltenibart to the Danish pharma giant in exchange for $340m in upfront and near-term milestone payments, up to a total of 2.1 billion dolla...
BrianAJackson/iStock via Getty Images Investment Overview When I last covered Omeros Corporation ( OMER ) for Seeking Alpha in October last year , its stock was soaring in value on news of a deal struck with Novo Nordisk ( NVO ), to license its drug candidate zaltenibart to the Danish pharma giant in exchange for $340m in upfront and near-term milestone payments, up to a total of 2.1 billion dollars, including potential development and commercial milestones, plus tiered royalties on net sales. The drug was being developed to treat paroxysmal nocturnal hemoglobinuria ("PNH"), C3 Glomerulopathy, and other alternative pathway disorders, and Novo Nordisk planned to initiate a Phase 3 study in PNH. The deal has been invaluable for Omeros - a company that reported an operating loss of >$(150m) in every year between 2020 and 2024, and a loss of $(146m) in 2019, and had been warning investors about its ability meet its financial obligations, which involved some high interest debt. Omeros had been trying for many years to secure approval for its other lead asset, narsoplimab, in the indication of hematopoietic stem cell transplant-associated thrombotic microangiopathy ("HSCT-TMA"), and after an initial rejection from the FDA in 2021, had finally resubmitted a biologics license application ("BLA"), and, after the FDA postponed its decision by three months, was anticipating a decision in December 2025. I gave Omeros stock a Buy rating last October, writing that: After yesterday's gains, Omeros' market cap valuation is ~$700m, but I wonder if that valuation may have crept >$1bn come the end of 2025 if the FDA gives narsoplimab the thumbs up in December. Although we can never be sure, it strikes me that the FDA's original denial of approval to narsoplimab may have been an unlucky break for Omeros, but the company still has a shot of realising the >$500m peak revenue opportunity analysts had speculated back in 2021 - once again, the standard of care ("SoC") is Soliris/Ultomiris, ...
Within the communications services sector ( XLC ), mostly Interactive Media and Services and Media stocks were dominating in terms of positioning in end-March. Here are the five most shorted communications services stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Tripadvisor ( TRIP ), Short interest: 26.03%. Telesat ( TSAT ), Short interest: 23.95%. Oriental Cu...
Within the communications services sector ( XLC ), mostly Interactive Media and Services and Media stocks were dominating in terms of positioning in end-March. Here are the five most shorted communications services stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Tripadvisor ( TRIP ), Short interest: 26.03%. Telesat ( TSAT ), Short interest: 23.95%. Oriental Culture Holding ( OCG ), Short interest: 22.25%. AMC Entertainment Holdings ( AMC ), Short interest: 20.26%. Angi ( ANGI ), Short interest: 19.63%. Here are the five least shorted communications services stocks with market capitalizations of up to $2 billion: (as a % of shares outstanding) Reading International ( RDIB ), Short interest: 0.50%. Harte Hanks ( HHS ), Short interest: 0.51%. TryHard Holdings ( THH ), Short interest: 0.53%. Amber International Holding ( AMBR ), Short interest: 0.53%. IZEA Worldwide ( IZEA ), Short interest: 0.55%. More on Communication Services Select Sector SPDR Fund XLC: Further TMT Downside Possible, Here's Where To Buy (Rating Downgrade) Communication Services posts weak performance in Q1; VZ tops chart and TTD, DIS among losers S&P 500 logs weakest Q1 performance since 2022 - here’s what drove the moves Seeking Alpha’s Quant Rating on Communication Services Select Sector SPDR Fund Dividend scorecard for Communication Services Select Sector SPDR Fund
格隆汇4月2日｜美国稀土公司涨超10%，领涨美股稀土概念股，United States Antimony、American Resources涨近7%，Rare Element Resources涨超6%，MP Materials、Critical Metals涨超2%。 消息面上，美国稀土公司宣布，其位于俄克拉荷马州斯蒂尔沃特的首条稀土磁体生产线已投入运行，将于4月开始商业发货，预计12月底前达...
格隆汇4月2日｜美国稀土公司涨超10%，领涨美股稀土概念股，United States Antimony、American Resources涨近7%，Rare Element Resources涨超6%，MP Materials、Critical Metals涨超2%。 消息面上，美国稀土公司宣布，其位于俄克拉荷马州斯蒂尔沃特的首条稀土磁体生产线已投入运行，将于4月开始商业发货，预计12月底前达到年产600吨的满负荷产能。公司表示，到2027年该工厂产能将提升至1200吨/年。今年1月，美国稀土公司与美国商务部签署16亿美元资金支持的非约束性协议，用于建设矿场为磁体生产提供原料。(格隆汇)
Within the communications services sector ( XLC ), media stocks remain the most shorted ones as of end-March, with Sphere Entertainment ( SPHR ) taking the lead. Sphere Entertainment has a short interest of 24.60%, while EchoStar ( SATS ) at 19.96%, is the second highest-shorted company among all communications services stocks with a market capitalization of over $2B. Seeking Alpha’s Quant rating ...
Within the communications services sector ( XLC ), media stocks remain the most shorted ones as of end-March, with Sphere Entertainment ( SPHR ) taking the lead. Sphere Entertainment has a short interest of 24.60%, while EchoStar ( SATS ) at 19.96%, is the second highest-shorted company among all communications services stocks with a market capitalization of over $2B. Seeking Alpha’s Quant rating has a Strong Buy for Sphere Entertainment, with a score of 4.96. EchoStar also received a cautious Hold . On the other hand, both stocks got a Buy rating from Wall Street analysts. The S&P 500’s communications services sector ( XLC ), which comprises companies involved in industries including Wireless Telecommunication Services, Interactive Media and Services as well as Entertainment, has fallen over 6% so far this year, compared to the nearly 4% fall in the broader market. At the other end of the spectrum, Alphabet ( GOOG ) and T-Mobile US ( TMUS ) were among the least shorted communication services stocks, with short interest of 0.64% and 1.09%, respectively. Here are the top 5 most shorted communications services stocks, all with a market capitalization above $2 billion (as a % of shares outstanding): Sphere Entertainment ( SPHR ) 24.60% short interest. EchoStar ( SATS ) 19.96% short interest. AST SpaceMobile ( ASTS ) 15.65% short interest. Pinterest ( PINS ) 15.39% short interest. Fox ( FOXA ) 15.25% short interest. Here are the least shorted communications services stocks, with a market capitalization above $2 billion: Alphabet ( GOOG ) 0.64% short interest. T-Mobile US ( TMUS ) 1.09% short interest. Meta Platforms ( META ) 1.11% short interest. Walt Disney ( DIS ) 1.13% short interest. Millicom International Cellular ( TIGO ) 1.16% short interest. More on Communication Services Select Sector SPDR Fund XLC: Further TMT Downside Possible, Here's Where To Buy (Rating Downgrade) Communication Services posts weak performance in Q1; VZ tops chart and TTD, DIS among losers S...