HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) said Thursday it must adjust its climate ambitions since the world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, after saying previously that it sought to become carbon neutral by 2050. "We must, however, confront our ambition with reality and acknowledge that our societies have embarked on a t...
HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) said Thursday it must adjust its climate ambitions since the world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, after saying previously that it sought to become carbon neutral by 2050. "We must, however, confront our ambition with reality and acknowledge that our societies have embarked on a transition, but at a pace that does not yet allow for the collective achievement of carbon neutrality as pursued under the Paris Agreement," TotalEnergies ( TTE ) said in its 2026 sustainability report . "The company is not in a position to adopt a transition plan as defined by the European reporting standards and, as a result, cannot formulate 'Net Zero' targets in the meaning of these standards," the company said. Separately, TotalEnergies ( TTE ) CEO Patrick Pouyanne said 1,300 personnel have been evacuated from the United Arab Emirates, Qatar, Saudi Arabia, and Iraq, with only some local staff and contractors remaining in the region as the Iran war continues. More on TotalEnergies TotalEnergies: Then Came Iran TotalEnergies: LNG Exposure And AI Power Demand Offer Structural Growth TotalEnergies Q4 2025 Earnings Call Transcript
Sign up now! Sign up now! Sign up now? Sign up now! It’s Geopolitics World Cup playoff day, dear reader, and Gibraltar are playing Latvia in a winner-takes-all clash. Sadly, for football romantics, that game is the first leg of a Nations League promotion/relegation playoff. Uefa’s scheduling feels a bit cruel, like making some poor flunky do the graveyard shift while Bacchanalia Revisited takes pl...
Sign up now! Sign up now! Sign up now? Sign up now! It’s Geopolitics World Cup playoff day, dear reader, and Gibraltar are playing Latvia in a winner-takes-all clash. Sadly, for football romantics, that game is the first leg of a Nations League promotion/relegation playoff. Uefa’s scheduling feels a bit cruel, like making some poor flunky do the graveyard shift while Bacchanalia Revisited takes place on the floor above. And what a party it’s going to be. Sure, the process of qualifying has become so convoluted that even Bobby Seagull doesn’t fully understand it, but now we’ve reached the stage where everything is terrifyingly simple. There are no second chances any more, and the only guarantee is of thrills, spills and bellyaches. Sixteen European teams are involved in Thursday’s semi-finals; by Tuesday night, four will be on their way to the GWC and 12 will be wondering whether they can still legitimately cherish the memories they made en route to the playoffs. I’m so saddened by the news of John Toshack’s dementia diagnosis, the fate of too many from his era. He was my first footballing idol, a big handsome hero of the team I knew and loved as long as I’d lived. I would save a sweet for home-game Saturdays and ask my dad to pass it to him at half-time (of course a Kop season ticket didn’t preclude that!), and Dad always said Tosh had thanked me. It’s good to know he has detailed memories of his many days of glory, and I hope life is kind to him in those remaining” – Kathryn Nolan. Riccardo Calafiori complains that Italy gaffer Gennaro Gattuso calls him more often than his mum does (Wednesday’s News, Bits and Bobs, full email edition). What’s the problem? I’d be ecstatic if Gattuso called me more than my mother. It’d be terrific to talk about football with a World Cup, Big Cup and Serie A winner. My mother tends to focus more on weekend plans, the noise level in restaurants, and how often my kids do or don’t call her. No offence Mum, but I’d rather talk tactics tha...
Getty Images I could, of course, have provided this article about 3 weeks ago, before the crash. However, because my recent article on Henkel ( HENKY ) was as little as 2 months ago, I thought it was over-ambitious to cover the company because of a mere surge in valuation. I was of the opinion, and still am, that my coverage at the time took into consideration the potential of not only the surge i...
Getty Images I could, of course, have provided this article about 3 weeks ago, before the crash. However, because my recent article on Henkel ( HENKY ) was as little as 2 months ago, I thought it was over-ambitious to cover the company because of a mere surge in valuation. I was of the opinion, and still am, that my coverage at the time took into consideration the potential of not only the surge in valuation , but also the subsequent crash which we have been seeing since. So, since my last piece on the company, Henkel has actually performed poorly - but it would be accurate to at the same time claim that the market has not fared that much better either. Seeking Alpha Henkel RoR So, what we have here is a significant up and down in a very short time. My first question to you, dear reader, would be if you believe there is any factual or objective ground for this movement, or if it's based more on subjective speculation and expectations - external factors, as they were? I believe the answer to this question (the latter part) should be affirmative. Nothing has happened in the last 2 months to first make Henkel suddenly worth 20% more in a short time, only to be followed by a significant decline shortly after. While the company's earnings, which were reported not that long ago, were certainly a part of the decline (4% or so) due to an earnings miss (4Q) and low 2026E guidance, as well as a 2025 organic sales miss of 0.7%, I don't think this should be the result. It's my conviction that Henkel at 12-13x P/E is neither expensive nor in any way unattractively valued. While the surge to almost 15.5x P/E before the market crash was a slight bit of premiumization, it was not outside the realm of historical results here. In this article, I will do two things. Establish an update for Henkel with changes (if any) for the valuation due to 2026E, and also talk about the Olaplex M&A that was reported about 2-3 hours ago at the time that I am writing this piece. Henkel - M&A's, resul...
AI won’t necessarily devastate Adobe’s business, but it does invite various investor questions that a William Blair analyst doubts will get resolved in the near future.
AI won’t necessarily devastate Adobe’s business, but it does invite various investor questions that a William Blair analyst doubts will get resolved in the near future.
DEUTZ Aktiengesellschaft ( DEUZF ): FY GAAP EPS of €0.37. Revenue of €2.04B (+12.7% Y/Y). In 2025, EBITDA rose to €169.6M from €146.0M in 2024, while adjusted EBIT increased to €112.3M versus €76.7M the prior year. Net income rose to €54.1 M in 2025, up from €51.8 M in 2024. More on DEUTZ Aktiengesellschaft DEUTZ Aktiengesellschaft 2025 Q4 - Results - Earnings Call Presentation Historical earnings...
DEUTZ Aktiengesellschaft ( DEUZF ): FY GAAP EPS of €0.37. Revenue of €2.04B (+12.7% Y/Y). In 2025, EBITDA rose to €169.6M from €146.0M in 2024, while adjusted EBIT increased to €112.3M versus €76.7M the prior year. Net income rose to €54.1 M in 2025, up from €51.8 M in 2024. More on DEUTZ Aktiengesellschaft DEUTZ Aktiengesellschaft 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for DEUTZ Aktiengesellschaft Dividend scorecard for DEUTZ Aktiengesellschaft Financial information for DEUTZ Aktiengesellschaft
Win McNamee/Getty Images News Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) IPOs are now a 2027 proposition at best, according to the famed investor Michael Burry. FNMA was down 4.46% to $5.14 during Thursday late morning trading, while FMCC was 3.40% lower to $4.69. Investors were said to be doubting the Trump administration's efforts to sell more stock in the two mortgage giants to the public. Bo...
Win McNamee/Getty Images News Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) IPOs are now a 2027 proposition at best, according to the famed investor Michael Burry. FNMA was down 4.46% to $5.14 during Thursday late morning trading, while FMCC was 3.40% lower to $4.69. Investors were said to be doubting the Trump administration's efforts to sell more stock in the two mortgage giants to the public. Both stocks have lost ~70% in the past six months, hitting their 52-week low last week. In a post titled 'The Toxic Twins Recurrence', Burry primarily attributes the estimate to the Iran war. "Iran War is inflationary, and if it continues, clearly rates will rise," he said. "Tariffs are still out there too, working their way through supply chains, promising latent inflation." "Higher rates may transmit to the mortgage market and impact an already shaky housing market," said Burry in the Substack post, warning that housing "is in for a long winter". He attributed the likely housing condition to higher prices and mortgage rates, which are "locking supply out of the market and allowing homebuilders to build too many low-quality homes in bad locations". More on Fannie Mae, Freddie Mac Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2025 Update Federal Home Loan Mortgage Corporation (FMCC) Q4 2025 Earnings Call Prepared Remarks Transcript Federal National Mortgage Association (FNMA) Q4 2025 Earnings Call Prepared Remarks Transcript Stocks to watch after market hours on Monday: EL, ZION, BRLXF Fannie, Freddie are said to step in as MBS market volatility spikes
A year ago, the market thought OpenAI was a threat to Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) in artificial intelligence. But this week, we learned the company is giving up on AI video, ceding the space to Alphabet. This is not only a boon for the tech giant, but it could also help the company continue growing key products like YouTube and Google Cloud, which are huge growth engines. I cover the l...
A year ago, the market thought OpenAI was a threat to Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) in artificial intelligence. But this week, we learned the company is giving up on AI video, ceding the space to Alphabet. This is not only a boon for the tech giant, but it could also help the company continue growing key products like YouTube and Google Cloud, which are huge growth engines. I cover the latest implications in this video. *Stock prices used were end-of-day prices of March 26, 2026. The video was published on March 26, 2026. Continue reading
Earnings Call Insights: Hyperion DeFi, Inc. (HYPD) Q4 2025 Management View CEO Hyunsu Jung highlighted that Hyperion DeFi has completed its second full quarterly earnings call following its transformation into a publicly listed decentralized finance company on the Hyperliquid blockchain. Jung explained the company's DeFi flywheel strategy, stating, "DeFi monetization is one of our 4 strategies, wh...
Earnings Call Insights: Hyperion DeFi, Inc. (HYPD) Q4 2025 Management View CEO Hyunsu Jung highlighted that Hyperion DeFi has completed its second full quarterly earnings call following its transformation into a publicly listed decentralized finance company on the Hyperliquid blockchain. Jung explained the company's DeFi flywheel strategy, stating, "DeFi monetization is one of our 4 strategies, which works by compounding returns on our stake HYPE by effectively restaking HYPE to unique proprietary strategies." He noted substantial growth in the HAUS business line with the main net launch of HIP3, which enabled trading of non-crypto assets like equities, FX, metals, and commodities 24/7 on Hyperliquid. Jung reported that the Felix Exchange, launched less than six months ago, has crossed over $2.8 billion in trading volume with over 14,000 unique traders, and that real dollar-denominated fee revenues were earned from trading volumes, returning revenue to Hyperion. Jung announced a partnership with Silhouette Exchange, providing privacy-focused trading and generating additional revenues for Hyperion, as well as participation in Kinetiq's liquid staking protocol, resulting in the receipt of 1.9 million KNTQ tokens. He also mentioned new partnerships with Rysk Protocol and HyperLend, which will allow Hyperion to earn revenue shares and ecosystem rewards, further diversifying income streams. Jung emphasized, "We ended the year with growth across all of our core strategies as well as establishing the infrastructure required to scale them." He also introduced the "Hyperion Triple-Dip," the company's ability to generate multiple returns on HYPE by deploying tokens into three income strategies simultaneously. CFO David Knox stated, "We have exceeded our guidance with Q4 up 87% quarter-over-quarter." Knox detailed that adjusted gross profit increased from $439,000 in Q3 to $821,000 in Q4, surpassing prior quarter guidance of 31% to 43% growth. Knox further explained, "We earne...
Amazon.com Inc. , the world’s largest e-commerce company, is offering $1,000 prizes for delivery drivers who share stories about why they love their jobs. Subcontracted drivers recently received messages from Amazon urging them to “tell us what drives you” for the chance to win a “My Why” competition. “This could include your journey to becoming a delivery driver, what you love about delivering sm...
Amazon.com Inc. , the world’s largest e-commerce company, is offering $1,000 prizes for delivery drivers who share stories about why they love their jobs. Subcontracted drivers recently received messages from Amazon urging them to “tell us what drives you” for the chance to win a “My Why” competition. “This could include your journey to becoming a delivery driver, what you love about delivering smiles to customers, or how this role supports your bigger life goals,” the company said in materials viewed by Bloomberg News. As part of the request, the company suggested answering prompts such as describing “what makes you proud to wear the uniform each day.” The contest is for drivers employed by so-called delivery service partners, the network of small businesses that Amazon contracts with to manage hundreds of thousands of workers who bring its packages to customers. The DSP program has drawn controversy over drivers’ working conditions — and Amazon’s insistence that it’s not legally their employer. “For years, we’ve shown appreciation to DSPs and their drivers for all the great work they do to deliver to Amazon customers,” company spokesperson Steve Kelly said in an emailed statement Thursday. “‘My Why’ is a nationwide contest meant to spotlight the drivers employed by our partners and celebrate the diverse motivations for doing this work and supporting their communities.” One hundred contest participants will receive $1,000 cash prizes, the company has told workers. The top 10 winners will also each receive a “VIP experience” for themselves and a guest. Before making their submissions, which are due by March 28, drivers are asked to consent to having their words and image “used by Amazon in external and internal communications” and to agree to take part in “any required media activity.” Workers have the option to withdraw their consent, Amazon said. The New York City Council is slated to hold a hearing April 9 on a bill that would require companies like Amazon to dir...