Jan Oberhauser’s funding round for his Berlin-based software startup n8n led to a bidding war last summer. The founder and his team received 14 offers, or term sheets. Most were from American investors. “US investors are definitely much more decisive,” said Oberhauser. “The valuation tends to be higher, and the terms are generally friendlier to founders.” European funding rounds have never been bi...
Jan Oberhauser’s funding round for his Berlin-based software startup n8n led to a bidding war last summer. The founder and his team received 14 offers, or term sheets. Most were from American investors. “US investors are definitely much more decisive,” said Oberhauser. “The valuation tends to be higher, and the terms are generally friendlier to founders.” European funding rounds have never been bigger. Months-old startups without a product are surpassing $1 billion valuations, once a symbolic milestone attained after years of grind and multiple funding rounds. The median funding round for a European startup grew 32% between 2024 and 2025, the biggest leap since 2020, when the Covid-19 pandemic skewed fundraising and valuations, according to data from PitchBook. US cash is driving the trend, with American investors at peak participation in European funding rounds. US backers are in a fifth of rounds, up from a tenth a decade ago. Big-name venture capital companies have deep pockets and are looking for promising startups across the Atlantic. The upshot is more money and bigger deals in Europe — and perhaps some of the frothiness that’s driven US valuations to giddying highs. “I backed a 21-year-old kid in Eastern Europe in a pre-seed round two months ago and had to compete against Y Combinator,” said Julien Codorniou , general partner of UK-based venture firm 20VC, referring to the famed Silicon Valley startup accelerator. “Then a month later, the founder received an unsolicited term sheet from a major US investor after a 15-minute call.” Artificial intelligence startups have particularly benefited from the influx of cash. AMI, a Paris-based AI startup led by Meta Platform Inc. ’s former AI research chief Yann LeCun , recently raised Europe’s biggest ever seed round at $1 billion and a $3.5 billion valuation. Three-year-old Swedish “vibe-coding” startup Lovable was valued at $6.6 billion in December and legal AI startup Legora is now valued at $5.5 billion after formi...
Hollie Adams/Getty Images News Uber ( UBER ), Nissan ( NSANY ) ( NSANF ), and Wayve have entered a memorandum of understanding to collaborate on developing and deploying robotaxis. Wayve will integrate its end-to-end AI autonomous driving system into Nissan’s base LEAF EV, made available to riders via Uber’s ride-hailing platform. A pilot deployment is planned in Tokyo by late 2026, with a trained...
Hollie Adams/Getty Images News Uber ( UBER ), Nissan ( NSANY ) ( NSANF ), and Wayve have entered a memorandum of understanding to collaborate on developing and deploying robotaxis. Wayve will integrate its end-to-end AI autonomous driving system into Nissan’s base LEAF EV, made available to riders via Uber’s ride-hailing platform. A pilot deployment is planned in Tokyo by late 2026, with a trained safety operator in the car. This marks the first autonomous vehicle partnership for Uber ( UBER ) in Japan, and part of Wayve and Uber’s global robotaxi rollout to over ten cities globally, including London. “We have been testing our technology throughout Japan since early 2025, building extensive experience in the country’s unique road environments. Partnering with Uber and Nissan to begin pilot deployment of Robotaxi allows us to introduce this technology in a responsible way, while continuing to learn and expand,” Wayve CEO Alex Kendall said. “Our work with Wayve to integrate advanced AI technology across our consumer vehicle portfolio has laid strong foundations, and we are excited to take this partnership further with a pilot deployment of Robotaxi in Tokyo, bringing together Wayve’s AI technology, Uber’s network, and Nissan vehicles, ” Nissan Motor CEO Ivan Espinosa said. “Following our planned pilot deployment in London, we look forward to expanding into Tokyo,” Uber CEO Dara Khosrowshahi said. Uber ( UBER ) will launch the service through a licensed taxi partner in Japan and is currently in the process of selecting partners. Wayve recently secured $1.2B in a Series D round led by financial investors, valuing the company at $8.6B post-money. The round included participation from Microsoft ( MSFT ) , Nvidia ( NVDA ) and Uber ( UBER ) , as well as global automakers Mercedes-Benz ( MBGAF ) , Nissan ( NSANY ) and Stellantis ( STLA ) . More on Uber, Nissan Motor Uber Technologies, Inc. (UBER) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcri...
Tesla Energy Ventures Limited has been granted a licence authorising it to supply electricity to domestic and non-domestic consumers in Great Britain. The energy regulator Ofgem said that the licence has been formally approved by its governing body, the Gas and Electricity Markets Authority. It follows a robust application, assessment and approval process conducted over seven months, from July 202...
Tesla Energy Ventures Limited has been granted a licence authorising it to supply electricity to domestic and non-domestic consumers in Great Britain. The energy regulator Ofgem said that the licence has been formally approved by its governing body, the Gas and Electricity Markets Authority. It follows a robust application, assessment and approval process conducted over seven months, from July 2025 to March 2026, in line with statutory requirements, Ofgem said. Tesla Motors Limited, a separate company incorporated in England and Wales, was granted an electricity generation licence in June 2020. This licence was not relevant to Tesla Energy Ventures Limited’s application or Ofgem’s assessment or approval. Tesla Energy Ventures, based in Manchester, can now supply electricity to homes and businesses. Tesla Electric, also a subsidiary of US parent company Tesla Inc – founded by entrepreneur Elon Musk (pictured) – began supplying such a service in Texas in 2022. Tesla Energy Ventures will be required to ensure consumer protection, fair treatment of customers, financial responsibility, billing transparency and operational capability, Ofgem said.
To stop Africa from hemorrhaging local talent, scientist creates drug discovery lab A Zambian scientist is on a quest to prevent brain drain from Africa so he's established a state-of-the-art drug discovery lab in South Africa. World To stop Africa from hemorrhaging local talent, scientist creates drug discovery lab To stop Africa from hemorrhaging local talent, scientist creates drug discovery la...
To stop Africa from hemorrhaging local talent, scientist creates drug discovery lab A Zambian scientist is on a quest to prevent brain drain from Africa so he's established a state-of-the-art drug discovery lab in South Africa. World To stop Africa from hemorrhaging local talent, scientist creates drug discovery lab To stop Africa from hemorrhaging local talent, scientist creates drug discovery lab Listen · 7:15 7:15 A Zambian scientist is on a quest to prevent brain drain from Africa so he's established a state-of-the-art drug discovery lab in South Africa. Sponsor Message Sponsor Message
Daimler Truck press release ( DTRUY ): FY GAAP EPS of Є2.33. Revenue of Є49.39B (-8.7% Y/Y). Outlook: For the 2026 financial year, we anticipate a net profit for Daimler Truck Holding AG in the range of €3,000 million to €3,400 million. In particular, we anticipate a decreased profit transfer from Daimler Truck AG. More on Daimler Truck Historical earnings data for Daimler Truck Dividend scorecard...
Daimler Truck press release ( DTRUY ): FY GAAP EPS of Є2.33. Revenue of Є49.39B (-8.7% Y/Y). Outlook: For the 2026 financial year, we anticipate a net profit for Daimler Truck Holding AG in the range of €3,000 million to €3,400 million. In particular, we anticipate a decreased profit transfer from Daimler Truck AG. More on Daimler Truck Historical earnings data for Daimler Truck Dividend scorecard for Daimler Truck Financial information for Daimler Truck
Data from Stocktwits indicated that retail sentiment on SPY and QQQ remains bearish. Crude oil surged back above $100 a barrel amid escalating tensions in the Middle East. Traders are watching Nvidia, Tesla, Rivian, and Oracle alongside fresh economic data and earnings reports. Russell 2000 futures dropped more than 1%, signaling broader risk-off sentiment in small caps. U.S. stock futures were un...
Data from Stocktwits indicated that retail sentiment on SPY and QQQ remains bearish. Crude oil surged back above $100 a barrel amid escalating tensions in the Middle East. Traders are watching Nvidia, Tesla, Rivian, and Oracle alongside fresh economic data and earnings reports. Russell 2000 futures dropped more than 1%, signaling broader risk-off sentiment in small caps. U.S. stock futures were under pressure early Thursday as escalating conflict in the Middle East drove crude oil prices back above $100 per barrel, after a brief reprieve. Despite a record strategic reserve release earlier this week aimed at easing supply fears, markets remain jittery. As of 4:00 a.m. ET on Thursday, Nasdaq and S&P futures declined 0.3 each, Dow futures were down 0.4%, while Russell 2000 futures fell over 1%. Meanwhile, retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, has remained ‘bearish’, and the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq 100 Index, has fallen to ‘bearish’ from ‘neutral’ amid high message volumes. Trending Stocks To Watch Nvidia (NVDA): The chipmaker is reportedly earmarking $26 billion for in-house AI models. Tesla (TSLA): Its subsidiary has received approval in the UK to provide electricity to households and businesses. Oracle (ORCL): Is drawing retail attention after filings showed the company increased its restructuring expense pool by $500 million. The move has fueled speculation about potential layoffs as the company continues to restructure operations. UiPath (PATH): The stock fell 5% in early premarket trade on Thursday despite steady earnings and a new $500M buyback. Even the CEO's commentary on a potential defense deal failed to revive investor sentiment. Lightwave Logic (LWLG): The stock is on a tear in pre-market trading following a high-speed modulator deal with Tower Semiconductor. Firefly Aerospace (FLY): A successful Alpha rocket launch carrying a Lockheed Martin payload is boostin...
"The law makes it clearer than ever that in Xi Jinping's PRC non-Han peoples must do more to integrate themselves with the Han majority, and above all else be loyal to Beijing," Allen Carlson, an associate professor of government at Cornell University said, referencing China by the initials of its official name.
"The law makes it clearer than ever that in Xi Jinping's PRC non-Han peoples must do more to integrate themselves with the Han majority, and above all else be loyal to Beijing," Allen Carlson, an associate professor of government at Cornell University said, referencing China by the initials of its official name.
M. Suhail/iStock Editorial via Getty Images NEW YORK - Advance Auto Parts ( AAP ) climbed 4.4% to its highest close in three weeks after executives at the UBS Global Consumer and Retail Conference said the company has moved past the most disruptive phase of its turnaround and is now focused on steady execution across stores, supply chain and merchandising. Advance Auto Parts CEO Shane O'Kelly, lef...
M. Suhail/iStock Editorial via Getty Images NEW YORK - Advance Auto Parts ( AAP ) climbed 4.4% to its highest close in three weeks after executives at the UBS Global Consumer and Retail Conference said the company has moved past the most disruptive phase of its turnaround and is now focused on steady execution across stores, supply chain and merchandising. Advance Auto Parts CEO Shane O'Kelly, left, and CFO Ryan Grimsland on stage at the UBS Global Consumer and Retail Conference in New York. (Photo: Rob Williams) Chief Executive Shane O’Kelly said the company spent the past two and a half years making difficult structural changes to stabilize the business, including selling Worldpac, shrinking its distribution network, reducing headquarters headcount, investing in front-line staff and raising $2 billion to support supply chain financing. “We’ve been focusing on the deeds of getting the company to a solid foundational footing in our first two and a half years,” O’Kelly said. “We’ve been engaged in consequential decisive meaningful transformational initiatives in those early days.” Management said those steps have helped return the company to positive comparable sales and positive operating income profitability for the first time in three years, a milestone that executives framed as proof the turnaround is gaining traction. O’Kelly said the company is now centered on a simpler operating strategy: “the right parts in the right place with the right service.” Turnaround shifts from restructuring to execution Executives described the business as entering a new stage, where large-scale restructuring is giving way to more traditional retail and distribution execution. O’Kelly said Advance has already handled the biggest moves, including exiting California, closing stores and consolidating its distribution network from 50 facilities including Worldpac to 16. Now the focus is on improving what happens inside stores and warehouses each day. “We put these transformational moves...
We definitely didn’t realize Microsoft was going up against Nvidia too. Microsoft’s pitch to developers has been revealed, and it’s a surprising play from AMD. Developer Chris Kerr shared a slide from Microsoft’s presentation for Xbox Helix. We’ll share the text verbatim below. Project Helix Innovation Plays Your Xbox Console & PC Games Powered by Custom AMD SOC Codesigned for Next Generation of D...
We definitely didn’t realize Microsoft was going up against Nvidia too. Microsoft’s pitch to developers has been revealed, and it’s a surprising play from AMD. Developer Chris Kerr shared a slide from Microsoft’s presentation for Xbox Helix. We’ll share the text verbatim below. Project Helix Innovation Plays Your Xbox Console & PC Games Powered by Custom AMD SOC Codesigned for Next Generation of DirectX Next Gen Raytracing Performance & Capabilities GPU Directed Work Graph Execution AMD FSR Next + Project Helix Built for Next Generation of Neural Rendering Next Generation ML (machine learning) Upscaling New ML Multi Frame Generation Next Gen Ray Regeneration for RT and Path Tracing Deep Texture Compression Neural Texture Compression DirectStorage +Zstd Features like path tracing and multi frame generation are too advanced for both the PlayStation 5 and Xbox Series X|S. This is a play at Nvidia, who has been advancing on this technology before AMD for years. And now we see what AMD meant when they said they were going ‘beyond Xbox’ with these new chips they developed with Microsoft. We don’t know for now if the PlayStation 6 will have these features, or if AMD is contractually obligated to sell Sony different chips.
Crux Wealth Advisors trimmed its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 53.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,962 shares of the enterprise software provider's stock after selling 5,606 shares during the quarter. Crux Wealth Advisors' holdings in Oracle were ...
Crux Wealth Advisors trimmed its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 53.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,962 shares of the enterprise software provider's stock after selling 5,606 shares during the quarter. Crux Wealth Advisors' holdings in Oracle were worth $1,396,000 at the end of the most recent quarter. Get Oracle alerts: Sign Up Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Oracle by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 168,960,500 shares of the enterprise software provider's stock valued at $47,518,451,000 after buying an additional 4,681,626 shares during the period. State Street Corp increased its stake in shares of Oracle by 1.7% during the second quarter. State Street Corp now owns 73,459,391 shares of the enterprise software provider's stock worth $16,060,427,000 after buying an additional 1,252,723 shares during the period. Capital Research Global Investors raised its holdings in Oracle by 1.2% in the third quarter. Capital Research Global Investors now owns 23,310,827 shares of the enterprise software provider's stock valued at $6,555,961,000 after acquiring an additional 266,588 shares in the last quarter. Norges Bank purchased a new position in Oracle in the second quarter worth approximately $4,275,378,000. Finally, Bank of New York Mellon Corp lifted its stake in Oracle by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 11,938,457 shares of the enterprise software provider's stock worth $3,357,572,000 after acquiring an additional 98,693 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company's stock. Key Stories Impacting Oracle Here are the key news stories impacting Oracle this week: Positive Sentiment: Q3 beat and stronger guidance: Oracle po...
Steve_Gadomski/iStock via Getty Images The markets are flashing a warning sign this year, as many factors converge that are contributing to a buildup in selling pressure. Stocks were already entering into 2026 at outsized valuations, which made them more vulnerable to AI fears and rising geopolitical tensions. Amid this choppy market environment, active portfolio management is even more crucial th...
Steve_Gadomski/iStock via Getty Images The markets are flashing a warning sign this year, as many factors converge that are contributing to a buildup in selling pressure. Stocks were already entering into 2026 at outsized valuations, which made them more vulnerable to AI fears and rising geopolitical tensions. Amid this choppy market environment, active portfolio management is even more crucial than ever. The restaurant space, in particular, is likely to churn out a lot of losers this year as companies deal with commodities inflation amid a budget-strapped, cost-conscious consumer. Portillo 's ( PTLO ) in particular looks set up for a correction this year. Despite very weak fundamental performance, the stock is up ~15% since the start of the year, though a recent poor Q4 earnings print is certainly denting enthusiasm for the name. Data by YCharts I last wrote a sell article on Portillo 's in December, when the stock was trading just shy of $5 per share. Since then, Portillo 's has more or less indicated that it 's in a very tough bind. Its outlook for 2026 has essentially indicated the company is running out of rope for organic growth. It 's running up against inflating costs with very little room to raise its own prices, and its niche within restaurants doesn 't appear to be resonating as the company expands its presence outside of the core midwestern market. I 'm reiterating my sell rating here. The first item that bears discussion is the fact that Portillo 's just released a very poor outlook for the current year: Portillo's outlook (Portillo's Q4 earnings deck) As shown in the chart above, the company is planning only 8 net new restaurant openings next year, which is flat to the 8 new units that opened in 2025. However, we note that restaurant-level adjusted EBITDA margins (which is an industry measure that excludes corporate overhead costs and measures restaurant location profitability only) are expected to clock in at 20.5-21.0%, which represents margin deflat...