Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. The investing edge goes to autonomous cars over humanoid robots, said tech venture capitalist Bill Gurley. "The autonomous vehicle has an advantage, I think, over the autonomous robot in the short run in that the thing you're trying to accomplish and what t...
Listen and subscribe to Opening Bid Unfiltered on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. The investing edge goes to autonomous cars over humanoid robots, said tech venture capitalist Bill Gurley. "The autonomous vehicle has an advantage, I think, over the autonomous robot in the short run in that the thing you're trying to accomplish and what the technology's doing is fairly deterministic at this point," Gurley said in a new episode of Yahoo Finance's Opening Bid Unfiltered podcast (see video above or listen below). The Benchmark partner added there are already examples of self-driving cars and what they can do, whereas the robot market is still trying to find a direction. "What I know about the autonomous robot market right now is there's a ton of trials with a whole bunch of different like, style warehouses, but they're all bespoke, they're all different," he said. "And so building a product that's going to like really do well against all of those I think is very difficult." Gurley's claim to fame is an $11 million bet on a Travis Kalanick-led Uber (UBER) in 2011. But other key investments have included Twitter (now X and owned by Elon Musk) and Nextdoor (NXDR). He presently sits on the board of the online retailer Stitch Fix (SFIX). He has seen it all over the course of his career, from the bursting of the dot-com bubble to the emergence of the artificial intelligence revolution. He even worked on the Amazon IPO. In his new book, "Runnin' Down a Dream: How to Thrive in a Career You Actually Love," Gurley shared several principles to finding success in one’s career. He mixed in experiences from his VC career to drive home the point of not settling for an unhappy job. Suffice to say, Tesla CEO Elon Musk sees growth opportunities in both humanoids and autonomous cars. Musk told a crowd at the World Economic Forum in Davos, Switzerland, last week that Tesla (TSLA) has started robotaxi rides in Austin, Texas, witho...
The number of people living with extreme heat will more than double by 2050 if global heating reaches 2C, according to a new study that shows how the energy demands for air conditioners and heating systems are expected to change across the world. No region will escape the impact, say the authors. Although the tropics and southern hemisphere will be worst affected by rising heat, the countries in t...
The number of people living with extreme heat will more than double by 2050 if global heating reaches 2C, according to a new study that shows how the energy demands for air conditioners and heating systems are expected to change across the world. No region will escape the impact, say the authors. Although the tropics and southern hemisphere will be worst affected by rising heat, the countries in the north will also find it difficult to adapt because their built environments are primarily designed to deal with a cooler climate. The new paper, published in Nature Sustainability, is the most detailed study yet of how far and how fast different regions will encounter temperature extremes as human-driven global heating rises from 1C above preindustrial levels 10 years ago, towards 1.5C this decade, to 2C, which many scientists predict could occur around mid-century unless governments make rapid cuts to emissions from oil, gas and coal. This will change the pattern of energy demand for temperature management. Over the coming decades, the northern hemisphere’s heating bill will decrease, while the cooling bill of the southern hemisphere will increase. Separate studies have confirmed that by the end of the century, global energy demand from air conditioning will overtake and then far outstrip that from heating. For the latest study, extremes were defined by how many days each year temperatures deviate from a temperate baseline of 18C. Using computer models, the authors then mapped where in the world will see the biggest changes and how many people will be affected. If the 2C threshold is breached, the new dataset indicates the number of people experiencing extreme heat will increase from 1.54 billion people (which was 23% of the world population in 2010) to 3.79 billion (41% of the projected world population in 2050). The majority of those affected will be in India, Nigeria, Indonesia, Bangladesh, Pakistan and the Philippines. But the most significant increase in dangerous ...
In early 2025, Forbes reports , investigators at the FBI served Microsoft with a warrant seeking the BitLocker encryption recovery keys for several laptops it believed held evidence of fraud in Guam's COVID-19 unemployment assistance program. And Microsoft complied with the FBI's request. BitLocker is the name of the full-disk encryption technology that has been part of Windows for nearly two deca...
In early 2025, Forbes reports , investigators at the FBI served Microsoft with a warrant seeking the BitLocker encryption recovery keys for several laptops it believed held evidence of fraud in Guam's COVID-19 unemployment assistance program. And Microsoft complied with the FBI's request. BitLocker is the name of the full-disk encryption technology that has been part of Windows for nearly two decades. Though initially only available to owners of the Pro editions of Windows who turned it on manually, during the Windows 8 era Microsoft began using BitLocker to encrypt local disks automatically for all Windows 11 Home and Pro PCs that signed in with a Microsoft account. Using BitLocker in this way also uploads a recovery key for your device to Microsoft's servers—this makes it possible to unlock your disk so you don't lose data if something goes wrong with your system, or if you install a CPU upgrade or some other hardware change that breaks BitLocker. But it also (apparently) makes it possible for Microsoft to unlock your disk, too. A Microsoft rep said that the company handled "around 20" similar BitLocker recovery key requests from government authorities per year, and that these requests often fail because users haven't stored their recovery keys on Microsoft's servers. Microsoft and other tech companies have generally refused requests to install universal encryption backdoors for law enforcement purposes, and some companies (like Apple) claim to store device encryption keys using another layer of encryption that renders the keys inaccessible to the company. Read full article Comments
In trading on Tuesday, shares of CloudFlare Inc (Symbol: NET) crossed above their 200 day moving average of $128.92, changing hands as high as $132.45 per share. CloudFlare Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of NET shares, versus its 200 day moving average: Looking at the chart above, NET's low point in its 52 week range is $63...
In trading on Tuesday, shares of CloudFlare Inc (Symbol: NET) crossed above their 200 day moving average of $128.92, changing hands as high as $132.45 per share. CloudFlare Inc shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of NET shares, versus its 200 day moving average: Looking at the chart above, NET's low point in its 52 week range is $63.25 per share, with $221.64 as the 52 week high point — that compares with a last trade of $128.85. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
A Guyanese businessman facing extradition to the US on gold smuggling and money laundering charges has been elected as the country’s opposition leader, six months after he formed a political party that quickly became the second largest in the South American nation. Azruddin Mohamed, 38, was confirmed as Guyana’s opposition leader after 16 lawmakers from the We Invest in Nationhood party (Win) and ...
A Guyanese businessman facing extradition to the US on gold smuggling and money laundering charges has been elected as the country’s opposition leader, six months after he formed a political party that quickly became the second largest in the South American nation. Azruddin Mohamed, 38, was confirmed as Guyana’s opposition leader after 16 lawmakers from the We Invest in Nationhood party (Win) and another from a single-seat outfit voted in his favor. The tally made Win the second-largest party in parliament, securing Mohamed’s election even as a magistrate’s court hears state arguments for his extradition to the US. Mohamed and his father, Nazar Mohamed, were indicted last year in Florida on federal charges of gold smuggling and money laundering. The indictments came just over a year after the US treasury department also sanctioned the duo for allegedly smuggling more than 10,000 kilograms (22,000 pounds) of gold to the US from Guyana, and evading more than $50 million in taxes. The case has underscored persistent government corruption in the oil-rich South American nation . The family had been among Guyana’s largest gold buyers and exporters. They also ran one of the most successful foreign exchange outlets and possess extensive real estate holdings. Authorities have since shuttered all their businesses and commercial bank accounts once the sanctions were announced. Monday’s brief session, attended exclusively by opposition lawmakers, took place amid simmering pressure from western nations and civil society groups, which had accused authorities of delaying calling a parliamentary session to allow his election. Until Monday, parliament had met only once since its dissolution in July ahead of the September general elections. Addressing the possibility that he and his father could be extradited, Mohamed said that “a person is innocent until proven guilty”. He contended that efforts to exile him have much to do with the fact that WIN is opposing the ruling People’s Prog...
The Aston Martin team have admitted they are to miss at least one day of their allotted three at Formula One’s first pre-season test in Barcelona and will not run their car before Thursday at the earliest. They are the second team to fail to take full advantage of the opening test after Williams also announced they would be unable to take to the track at all in Spain. Testing is taking place from ...
The Aston Martin team have admitted they are to miss at least one day of their allotted three at Formula One’s first pre-season test in Barcelona and will not run their car before Thursday at the earliest. They are the second team to fail to take full advantage of the opening test after Williams also announced they would be unable to take to the track at all in Spain. Testing is taking place from Monday to Friday this week at the Circuit de Barcelona-Catalunya with teams able to use three of the five days to assess their cars. They have been designed to the entirely new regulations and with new engines this season and consequently three full pre-season tests are being held this year. However, as the track running began Aston Martin conceded they would not be there at the off and issued a statement. “The AMR26 will be in Barcelona later this week for its shakedown. Our intention is to run Thursday and Friday,” it read. View image in fullscreen Liam Lawson, of Racing Bulls, on the first day of testing in Barcelona. Photograph: Rudy Carezzevoli/Getty Images While not a major setback it will be of concern, perhaps indicating there is still considerable work to be done on the AMR26, the first car to be designed for the team by Adrian Newey, who has also now taken over as team principal. Drivers Fernando Alonso and Lance Stroll will now have at best two days between them behind the wheel in the first test. Under the ownership of Lawrence Stroll, Aston Martin have invested hugely, including building an entirely new factory complex and wind tunnel at Silverstone with no little optimism that the new rules and Newey’s impact would prove the stepping stone toward the front of the grid. No reasons were given for the delay in coming to the track but at the launch for the team’s Honda engines in Tokyo last week senior figures at the Japanese manufacturer were expressing concern that their power unit was not where they required it to be with the season set to start in Melbourne on...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 10 a.m. ET Call participants Chairman and Chief Executive Officer — Owen David Thomas President — Douglas T. Linde Chief Financial Officer — Michael E. LaBelle Executive Vice President, New York Region — Hilary J. Spann Senior Executive Vice President — Ray Ritchey Executive Vice President, Western Region — Rodney C. Diehl Takeaways FFO pe...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 10 a.m. ET Call participants Chairman and Chief Executive Officer — Owen David Thomas President — Douglas T. Linde Chief Financial Officer — Michael E. LaBelle Executive Vice President, New York Region — Hilary J. Spann Senior Executive Vice President — Ray Ritchey Executive Vice President, Western Region — Rodney C. Diehl Takeaways FFO per share -- $1.71, surpassing both company guidance by $0.05 and market consensus by $0.04, mainly driven by improved operations. -- $1.71, surpassing both company guidance by $0.05 and market consensus by $0.04, mainly driven by improved operations. Leasing activity -- 1.1 million square feet completed in the quarter, resulting in 2.2 million square feet leased year-to-date; trailing four-quarter leasing volume reached 5.7 million square feet, up 18%. -- 1.1 million square feet completed in the quarter, resulting in 2.2 million square feet leased year-to-date; trailing four-quarter leasing volume reached 5.7 million square feet, up 18%. Development pipeline leasing -- 200,000 square feet executed this quarter; development portfolio now 67% leased, a 500 basis points sequential increase. -- 200,000 square feet executed this quarter; development portfolio now 67% leased, a 500 basis points sequential increase. Portfolio occupancy -- 86.4% at quarter-end, down 50 basis points (240,000 square feet); portfolio percentage leased was 89.1%, down 30 basis points. -- 86.4% at quarter-end, down 50 basis points (240,000 square feet); portfolio percentage leased was 89.1%, down 30 basis points. FFO guidance raised -- Midpoint for full-year 2025 increased by $0.02 to $6.84–$6.92 per share, reflecting improved core property performance and lower G&A expenses partially offset by higher interest expense. -- Midpoint for full-year 2025 increased by $0.02 to $6.84–$6.92 per share, reflecting improved core property performance and lower G&A expenses partially offset by higher interest expense...
e-crow/iStock via Getty Images Overview With gold rallying to an all-time high, I thought it made sense to take a look at the NEOS Gold High Income ETF ( IAUI ). NEOS has maintained an excellent track record for its covered call ETFs, and the assumption is that they will be able to implement the same strategies against a portfolio of gold-focused assets. However, the fund is still relatively new, ...
e-crow/iStock via Getty Images Overview With gold rallying to an all-time high, I thought it made sense to take a look at the NEOS Gold High Income ETF ( IAUI ). NEOS has maintained an excellent track record for its covered call ETFs, and the assumption is that they will be able to implement the same strategies against a portfolio of gold-focused assets. However, the fund is still relatively new, with an inception dating back to June 2025. Therefore, the performance window is fairly limited, and we've only seen how the fund performs through positive market momentum. Looking at the performance since the fund's inception, we can see that IAUI's share price has increased by 21.5%. When including all distributions paid out to shareholders, the total return jumps up above 32.1% over the same time frame. IAUI offers investors an estimated annual distribution rate of 12.5% and issues payouts on a monthly basis. Additionally, the fund puts an emphasis on issuing distributions in a tax-efficient manner, which is great for investors who want to minimize their overall tax liability. Data by YCharts Despite the fund's strength so far, I believe there are certain tradeoffs and risks that investors should consider. The most straightforward tradeoff is that investors choosing to maintain a position in IAUI for the income potential will likely underperform more traditional gold-focused ETFs if this rally continues. Additionally, there's always the chance that IAUI's payouts will decline if the gold rally shifts momentum and values fall. So let's start by taking a look at the underlying strategy that IAUI implements to generate its amplified income levels. Fund Strategy According to the fund overview , IAUI has total net assets of $338.6M and has an expense ratio of 0.78%. While this expense ratio may be higher than traditional ETFs, it may be worth it considering the active management and the higher dividend yield offered by the fund. The fund's primary goal is to provide a high mo...
Image source: The Motley Fool. Thursday, July 24, 2025 at 9:00 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Mark W. Kowlzan President — Thomas A. Hassfurther Chief Financial Officer — Kent A. Pflederer Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Sales -- $2.2 billion, up from $2.1 billion, reflecting both higher Packaging and Paper segment rev...
Image source: The Motley Fool. Thursday, July 24, 2025 at 9:00 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Mark W. Kowlzan President — Thomas A. Hassfurther Chief Financial Officer — Kent A. Pflederer Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Net Sales -- $2.2 billion, up from $2.1 billion, reflecting both higher Packaging and Paper segment revenue. -- $2.2 billion, up from $2.1 billion, reflecting both higher Packaging and Paper segment revenue. Net Income (GAAP) -- $242 million, or $2.67 per share; special items contributed $0.19 per share, driven by real estate gains, partially offset by costs related to the pending Greif acquisition. -- $242 million, or $2.67 per share; special items contributed $0.19 per share, driven by real estate gains, partially offset by costs related to the pending Greif acquisition. Net Income (Excluding Special Items) -- $224 million, or $2.48 per share, an increase from $199 million, or $2.20 per share. -- $224 million, or $2.48 per share, an increase from $199 million, or $2.20 per share. EBITDA (Company, Excluding Special Items) -- $451 million, up from $404 million. -- $451 million, up from $404 million. Packaging Segment EBITDA (Excluding Special Items) -- $453 million with $2 billion in sales, producing a 22.6% margin versus $400 million EBITDA on $1.9 billion in sales and a 21% margin previously. -- $453 million with $2 billion in sales, producing a 22.6% margin versus $400 million EBITDA on $1.9 billion in sales and a 21% margin previously. Corrugated Shipments per Day -- Up 1.7%; total corrugated shipments were flat due to one fewer workday compared to the prior year. -- Up 1.7%; total corrugated shipments were flat due to one fewer workday compared to the prior year. Realized Price Increases -- Domestic containerboard and corrugated product prices and mix contributed $0.95 per share compared to the prior year and $0.41 per share sequentially. -- Domestic containerboard and ...
Image source: The Motley Fool. Tuesday, July 22, 2025 at 9:00 a.m. ET Call participants President and Chief Executive Officer — Andrew Ryan Schlossberg Chief Financial Officer — Laura Allison Dukes Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Net Long-Term Asset Inflows -- $15.6 billion for the quarter, representing a 4.7% annualized growth rate, contributing to recor...
Image source: The Motley Fool. Tuesday, July 22, 2025 at 9:00 a.m. ET Call participants President and Chief Executive Officer — Andrew Ryan Schlossberg Chief Financial Officer — Laura Allison Dukes Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Net Long-Term Asset Inflows -- $15.6 billion for the quarter, representing a 4.7% annualized growth rate, contributing to record flows in multiple platforms. -- $15.6 billion for the quarter, representing a 4.7% annualized growth rate, contributing to record flows in multiple platforms. Assets Under Management (AUM) -- Ended the period at $2 trillion, an all-time high for the firm. -- Ended the period at $2 trillion, an all-time high for the firm. Operating Margin -- Adjusted operating margin increased by 30 basis points to 31.2% compared to the same quarter last year. -- Adjusted operating margin increased by 30 basis points to 31.2% compared to the same quarter last year. Adjusted Operating Income -- Rose nearly 3% year over year, with a $9 million increase and a positive 40 basis-point leverage quarter-over-year. -- Rose nearly 3% year over year, with a $9 million increase and a positive 40 basis-point leverage quarter-over-year. Adjusted Diluted Earnings Per Share -- $0.36, as reported by management for the quarter. -- $0.36, as reported by management for the quarter. Net Revenue -- $1.1 billion, $19 million higher than the prior year’s period. -- $1.1 billion, $19 million higher than the prior year’s period. ETF and Index Organic Growth -- Global ETF and index platform achieved 10% annualized organic growth, with $12.6 billion of net long-term inflows. -- Global ETF and index platform achieved 10% annualized organic growth, with $12.6 billion of net long-term inflows. QQQ Operational Structure Proposal -- Preliminary proxy filed to convert the QQQ from a unit investment trust to an open-end fund ETF, with management stating, "net revenues and adjusted operating income would benefit by approxim...
世界冬季極限運動會 麥摩里斯滑雪板坡面障礙技巧封王 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國科羅拉多舉行的世界冬季極限運動會，滑雪板坡面障礙技巧，麥摩里斯封王。 選擇雪道內的道具施展花式動作，3次滑行機...
世界冬季極限運動會 麥摩里斯滑雪板坡面障礙技巧封王 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國科羅拉多舉行的世界冬季極限運動會，滑雪板坡面障礙技巧，麥摩里斯封王。 選擇雪道內的道具施展花式動作，3次滑行機會計成績最好的一次。這位32歲的加拿大傳奇選手之前兩次只得24.66及44.66分，原本只是排第9，把握最後一次機會大爆發，以難度、多樣性、落地及完成度等評分。去到尾段的跳台同樣有高水準發揮，結果取得96.33分，贏挪威的卡里夫蘭兩分。連同大跳台項目，麥摩里斯在極限運動會金牌總數累積到12面。
This article first appeared on GuruFocus. Shares of Micron Technology (NASDAQ:MU) were down 1.30% in premarket trading Monday after reports that Samsung Electronics plans to begin production of next-generation high-bandwidth memory, HBM4, as early as next month, with the goal of supplying Nvidia (NASDAQ:NVDA). Samsung has made progress in qualification, a necessary step to be considered for future...
This article first appeared on GuruFocus. Shares of Micron Technology (NASDAQ:MU) were down 1.30% in premarket trading Monday after reports that Samsung Electronics plans to begin production of next-generation high-bandwidth memory, HBM4, as early as next month, with the goal of supplying Nvidia (NASDAQ:NVDA). Samsung has made progress in qualification, a necessary step to be considered for future Nvidia platforms. The headline matters less for Micron's near-term earnings than for what it signals about the next AI hardware cycle. HBM is one of the tightest and highest-margin components in the AI stack, and Micron's HBM output for 2026 is largely spoken for, according to Barron's. That limits any immediate financial impact. The sensitivity in the stock instead reflects investor focus on who controls incremental supply as Nvidia transitions to its next architecture, where HBM4 is expected to play a larger role. Micron has said it is already sampling its own HBM4 products, with speeds exceeding 11 gigabits per second, and expects to ramp production next year. Samsung's re-entry at scale introduces a different risk. Margin pressure and negotiating leverage. With multiple qualified suppliers, Nvidia gains more flexibility on pricing and allocation, a dynamic investors are increasingly factoring into valuations across the AI memory complex.
Lavrov Exposed The Europeans' Plot To Subvert Trump's Ukrainian Peace Plan Authored by Andrew Korybko, Russian Foreign Minister Sergey Lavrov’s first press conference of the year in late January touched upon a lot of topics, importantly including the Europeans’ plot to subvert Trump’s Ukrainian peace plan . According to him, the UK “is speaking increasingly more often on behalf of the EU” and ther...
Lavrov Exposed The Europeans' Plot To Subvert Trump's Ukrainian Peace Plan Authored by Andrew Korybko, Russian Foreign Minister Sergey Lavrov’s first press conference of the year in late January touched upon a lot of topics, importantly including the Europeans’ plot to subvert Trump’s Ukrainian peace plan . According to him, the UK “is speaking increasingly more often on behalf of the EU” and therefore plays a leading role in these efforts, “which boil down to one thing – an immediate ceasefire complemented with legal security guarantees for Ukraine. The question is what these security guarantees concern.” As Lavrov sees it, the purpose is “the preservation of the current Nazi regime ”, which “will never legally recognise Crimea, Novorossiya and Donbass as Russia …And a ceasefire along the current line of contact, following which ‘the West will help,’ is unacceptable to us because they will build bases there.” In that scenario, “[France and the UK] will deploy a multinational force in Ukraine, build a network of military hubs (bases) there… and pump more weapons into Ukraine to create threats for the Russian Federation.” In pursuit of these goals, they’re trying “to convince Trump (of their merits) and (then) let him force Putin to accept it, and that they will all go for it” once that happens. “Trump’s idea, which we discussed and supported in Anchorage, has been categorically rejected by that elite European group.” Lavrov didn’t mention it, but Trump hasn’t pushed back against the Europeans’ subversion of his Ukrainian peace plan, which was much more to Russia’s liking and at least presumably declared an intent to resolve root issues. This observation strongly suggests that he’s once again falling under others’ influence, in this case warmongering Europeans and their neoconservative allies in the US, perhaps after being misled into regarding Russia’s restraint as a weakness that he can exploit to further his country’s zero-sum interests. These interests are to coe...
Ukrainians are sharing hacks online on how to survive winter power cuts toggle caption Andrew Kravchenko/AFP via Getty Images KYIV — After repeated Russian attacks on Ukraine's energy grid, Ukrainians are facing long cuts to heating, electricity and water during the coldest winter since Russia's full-scale invasion nearly four years ago. After a Jan. 9 attack, nearly 6,000 homes were left without ...
Ukrainians are sharing hacks online on how to survive winter power cuts toggle caption Andrew Kravchenko/AFP via Getty Images KYIV — After repeated Russian attacks on Ukraine's energy grid, Ukrainians are facing long cuts to heating, electricity and water during the coldest winter since Russia's full-scale invasion nearly four years ago. After a Jan. 9 attack, nearly 6,000 homes were left without heating in Kyiv, according to the city's mayor, Vitali Klitschko. Utility services and energy workers worked around the clock to restore electricity to nearly all these homes last week. But less than two weeks later, another attack knocked electricity out again. Heating systems have shut down because their pumps and control boards depend on electricity. Without electricity and heating, a modern skyscraper becomes a cold concrete box, and panoramic windows with breathtaking views of the Dnipro River, a source of cold. Sponsor Message With outside temperatures dropping to near-zero degrees Fahrenheit, and everywhere covered in ice and snow, the power cuts have chilled Ukrainian homes so much that windows ice up inside and some people can see their breath indoors. NPR spoke to several residents of Kyiv who say they manage by wearing their coats indoors, cooking with portable campfire stoves and sleeping under several layers of blankets. toggle caption Sergei Gapon/AFP via Getty Images The long blackouts amid the freezing temperatures have worn people out, psychologist Yulia Babiak told NPR. On social media, Ukrainians share life hacks, including photos of homemade heating devices made from bricks and candles and posts about makeshift ways to keep warm at home. In stores, shelves that used to hold portable gas stoves, heaters and chemical warmers are now almost empty. For many city residents, these camping supplies have become the only way to stay warm, cook food or heat water. In January, the sun sets in Kyiv at 5:30 p.m., plunging the capital into twilight and then darkness u...
alexsl KeyBanc Capital Markets has upgraded Solventum ( SOLV ) to overweight from sector weight as the 3M spinoff is on the right track to achieving long-term growth targets. The bank has a $97 price target (~23% upside based on Jan. 23 close). "Given new product launches, growth accretive M&A, a steady macro backdrop, and the annualization of SKU headwinds in 2027, we think SOLV could potentially...
alexsl KeyBanc Capital Markets has upgraded Solventum ( SOLV ) to overweight from sector weight as the 3M spinoff is on the right track to achieving long-term growth targets. The bank has a $97 price target (~23% upside based on Jan. 23 close). "Given new product launches, growth accretive M&A, a steady macro backdrop, and the annualization of SKU headwinds in 2027, we think SOLV could potentially track closer to its 4-5% organic growth objective ahead of its 2028 timeline," analyst Brett Fishbin wrote. He added that concerns over 2026 guidance "may be overblown" and the company has moved into an offensive capital allocation strategy. Fishbin noted that given he has an 11.4x 2027 EPS estimate multiple, it positions Solventum with an attractive valuation compared to its peers, which trade at an average 2027 multiple of ~15x. More on Solventum Corporation Solventum's Self-Help Is Ahead Of Schedule, But Sentiment Is Not Solventum Corporation (SOLV) Presents at Piper Sandler 37th Annual Healthcare Conference Transcript Solventum: Setting Up For Growth And A Re-Rating Solventum is the top performing healthcare supplies stock YTD Solventum to buy private wound care firm Acera for up to $850M
Image source: The Motley Fool. Tuesday, April 22, 2025 at 8 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Brian Doubles Executive Vice President and Chief Financial Officer — Brian Wenzel Senior Vice President, Investor Relations — Kathryn Miller TAKEAWAYS Net Earnings -- $757 million, representing $1.89 per diluted share. -- $757 million, representing $1.89 per diluted share. ...
Image source: The Motley Fool. Tuesday, April 22, 2025 at 8 a.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Brian Doubles Executive Vice President and Chief Financial Officer — Brian Wenzel Senior Vice President, Investor Relations — Kathryn Miller TAKEAWAYS Net Earnings -- $757 million, representing $1.89 per diluted share. -- $757 million, representing $1.89 per diluted share. Return Metrics -- Return on average assets was 2.5%, and return on tangible common equity was 22.4%. -- Return on average assets was 2.5%, and return on tangible common equity was 22.4%. Purchase Volume -- $41 billion, down 4% year over year, attributed to credit actions, selective customer spend, and one less day in the period (impacting by ~1%). -- $41 billion, down 4% year over year, attributed to credit actions, selective customer spend, and one less day in the period (impacting by ~1%). Active Accounts and Receivables -- Declines in both driven by prior credit actions and moderated discretionary spend; ending receivables totaled $100 billion, down 2% year over year. -- Declines in both driven by prior credit actions and moderated discretionary spend; ending receivables totaled $100 billion, down 2% year over year. Dual and Co-branded Cards -- Accounted for 45% of purchase volume and grew 2%, primarily from the CareCredit dual card launch. -- Accounted for 45% of purchase volume and grew 2%, primarily from the CareCredit dual card launch. Payment Rate -- Flat year over year at 15.8%, 60 basis points above pre-pandemic first quarter average; sequentially increased by 10 basis points. -- Flat year over year at 15.8%, 60 basis points above pre-pandemic first quarter average; sequentially increased by 10 basis points. Net Revenue -- Decreased 23% to $3.7 billion, largely reflecting the prior year Pets Best gain on sale; excluding that effect, net revenue was flat, with lower interest expense and higher other income offset by increased retailer share arrangements (RSA). -- D...
Justin Sullivan/Getty Images News A joint venture operated by Chevron ( CVX ) has made a " significant " oil and gas discovery offshore Nigeria, after completing a successful appraisal and exploration well in a shallow offshore area, the Nigeria National Petroleum Co. said Monday. The JV finished the Awodi-07 well in the western Niger Delta region in December, and "results from the well are highly...
Justin Sullivan/Getty Images News A joint venture operated by Chevron ( CVX ) has made a " significant " oil and gas discovery offshore Nigeria, after completing a successful appraisal and exploration well in a shallow offshore area, the Nigeria National Petroleum Co. said Monday. The JV finished the Awodi-07 well in the western Niger Delta region in December, and "results from the well are highly encouraging, confirming a significant presence of hydrocarbons across multiple reservoir zones," NNPC said. The discovery, along with two others in Nigeria since late 2024, "complement Chevron’s global exploration strategy to balance infrastructure-enabled and frontier activity," the company's VP of exploration said; Chevron ( CVX ) owns 40% of the project and is the operator, while NNPC holds the remaining 60%. Nigeria's attempts to revamp its oil industry with reforms and boost production may be starting to pay off; Shell said last week it plans to spend $20B on the Bonga South West deepwater project, as Nigeria's president approved the adoption of targeted, investment-linked incentives to support the project. More on Chevron Chevron: Appealing, But Upside May Be Limited Near Term Exxon Mobil vs. Chevron: One Oil Giant Stands Above The Other Chevron: Provides Appealing Growth Outlook, Entrance Into Electricity Business