Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
Dollarama press release ( DLMAF ): Q1 sales increased by 21.4% to C$1,846.1 million, compared to C$1,521.2 million Comparable store sales in Canada increased by 5.6%, compared to 4.9% in the first quarter of the previous year 28 net new stores opened in Canada , compared to 22 in the corresponding period of the previous year; 8 net new stores opened and 13 stores renovated in Australia , all opera...
Dollarama press release ( DLMAF ): Q1 sales increased by 21.4% to C$1,846.1 million, compared to C$1,521.2 million Comparable store sales in Canada increased by 5.6%, compared to 4.9% in the first quarter of the previous year 28 net new stores opened in Canada , compared to 22 in the corresponding period of the previous year; 8 net new stores opened and 13 stores renovated in Australia , all operating under the legacy banner (as a percentage of sales except net new store openingsin units and capital expenditures in millions of dollars) Fiscal 2027 Guidance for the Canadian segment Net new store openings 60 to 70 Comparable store sales 3.0% to 4.0% Gross margin 45.0% to 45.5% SG&A 14.1% to 14.6% Capital expenditures C$420.0 to C$470.0 Click to enlarge More on Dollarama Dollarama: Look Through A Soft Q4 Dollarama Inc. (DOL:CA) Q4 2026 Earnings Call Transcript Dollarama Inc. 2026 Q4 - Results - Earnings Call Presentation Dollarama posts double-digit sales growth, plans for more stores in Canada Historical earnings data for Dollarama
Sequoia Economic Infrastructure (LON:SEQI) reported what management described as a resilient fiscal 2026 performance, with the listed infrastructure debt fund maintaining its dividend and increasing its net asset value per share during a volatile year. Randall Sandstrom, CEO and
Sequoia Economic Infrastructure (LON:SEQI) reported what management described as a resilient fiscal 2026 performance, with the listed infrastructure debt fund maintaining its dividend and increasing its net asset value per share during a volatile year. Randall Sandstrom, CEO and
Tether Holdings SA Chief Business Officer Benjamin Habbel has stepped down nine months after joining the stablecoin giant, where he was in charge of expanding the firm and its portfolio of investments. Habbel will return to Limestone Capital , the private equity firm he co-founded, as managing partner, he said in an email. Tether is an investor in Limestone, which manages over $1 billion in assets...
Tether Holdings SA Chief Business Officer Benjamin Habbel has stepped down nine months after joining the stablecoin giant, where he was in charge of expanding the firm and its portfolio of investments. Habbel will return to Limestone Capital , the private equity firm he co-founded, as managing partner, he said in an email. Tether is an investor in Limestone, which manages over $1 billion in assets, Habbel said. He added that the two firms are planning to deepen their partnership. “As Tether steadily expands its real estate business, this is where Ben’s expertise will have the greatest impact, and he will continue to work closely with us to develop the portfolio,” a spokesperson for Tether said in a statement. Habbel’s departure marks the latest senior staffing change at Tether. Richard Heathcote stepped down from his role as chief investment officer in March and was replaced by Zachary Lyons. Around that time, the company let go of two precious metals traders who had joined from HSBC Holdings Plc just months earlier to help manage Tether’s vast gold holdings. Read More: Tether’s Gold Hoard Nears $20 Billion as Buying Continues Habbel arrived at Tether just as the company prepared to build its presence in the US and continue growing its portfolio of investments. The firm is the issuer of USDT, the world’s largest stablecoin with around $187 billion in circulation. Stablecoins — cryptocurrencies pegged to a traditional asset like the US dollar — have grown in popularity since the US adopted legislation governing them almost a year ago. Some financial firms are launching their own stablecoins, touting them as a faster way to facilitate payments. Tether, which reported more than $10 billion in profit last year with a staff of just around 300, has been investing earnings from the multibillion-dollar reserves backing USDT into deals spanning everything from humanoid robots to agricultural land in Latin America. Read More: Tether’s $193 Billion Stockpile Fuels Doomsday Inv...
Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete, and more megawatts over the past 24 months, the math behind the AI data center boom is finally drawing scrutiny. Combined 2026 capital expenditure guidance from Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) now sums to roughly $800 ... Wall S...
Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete, and more megawatts over the past 24 months, the math behind the AI data center boom is finally drawing scrutiny. Combined 2026 capital expenditure guidance from Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) now sums to roughly $800 ... Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by
Mesut Dogan/iStock Editorial via Getty Images Oracle ( ORCL )’s cloud infrastructure business is on fire, and the company's fourth-quarter results on Wednesday did not disappoint in this regard: the cloud business generated 93% year-over-year growth. While the cloud infrastructure business was performing very strongly, it was the company's AI CapEx guidance that spooked investors: Oracle is going ...
Mesut Dogan/iStock Editorial via Getty Images Oracle ( ORCL )’s cloud infrastructure business is on fire, and the company's fourth-quarter results on Wednesday did not disappoint in this regard: the cloud business generated 93% year-over-year growth. While the cloud infrastructure business was performing very strongly, it was the company's AI CapEx guidance that spooked investors: Oracle is going to spend $95B on capital expenditures in fiscal 2027 which will be in part financed by billions of dollars in new debt. The guidance pushed shares 10% lower in the after-hours market, which I see as a massive overreaction. Because of its heavy CapEx spending, Oracle also saw a material decline in its free cash flow, which investors can expect to remain compressed for at least the next several quarters. However, Oracle is seeing massive operating cash flow growth, and its shares are very cheap in a historical context... so I would recommend investors to buy the correction here as the long-term risk profile remains widely skewed to the upside. Oracle Previous rating I rated shares of Oracle a 'Strong Buy' in my last work in March after the company reported a major collaboration with Amazon ( AMZN ) Web Services: AWS Deal Implications . In the fourth fiscal quarter, Oracle convinced on a number of fronts, including cloud infrastructure segment top-line growth, incremental RPO addition, and expansion of its operating cash flow on a year-over-year basis. I believe investors are widely overreacting to the AI CapEx guidance, and I would recommend doubling down on this emerging cloud player. Soaring AI infrastructure business Accelerating momentum in the AI Cloud infrastructure business allowed Oracle to surpass Wall Street’s top and bottom line estimates easily on Wednesday after the bell: Oracle published $2.11 per share in normalized earnings, beating the consensus estimate by $0.15 per share. The top line figure came in at $19.2B, beating the average prediction by $88M. Seeking...
Compass Diversified ( CODI ) announced that Co-Founder and CEO Elias Sabo will retire from his executive role and the board of directors, effective December 31, 2026. Zach Sawtelle, currently a Partner and COO at the company's external manager, Compass Group Management LLC, has been appointed COO of CODI and will step into the CEO role upon Sabo's retirement. Sawtelle, who joined the firm in 2009,...
Compass Diversified ( CODI ) announced that Co-Founder and CEO Elias Sabo will retire from his executive role and the board of directors, effective December 31, 2026. Zach Sawtelle, currently a Partner and COO at the company's external manager, Compass Group Management LLC, has been appointed COO of CODI and will step into the CEO role upon Sabo's retirement. Sawtelle, who joined the firm in 2009, has led over 20 strategic transactions totaling $3 billion in aggregate value, including acquisitions like BOA Technology , 5.11 Inc., and Manitoba Harvest. Simultaneously, CODI reaffirmed its full-year 2026 financial outlook, noting that a strategic review of its Management Services Agreement is well underway and expected to conclude in the coming weeks to better align shareholder incentives. More on Compass Diversified Compass Diversified: Asset Sales Help, But Leverage Still Limits The Upside Compass Diversified (CODI) Q1 2026 Earnings Call Transcript Compass Diversified outlines $320M-$365M 2026 subsidiary adjusted EBITDA amid deleveraging push Compass Diversified Q1 2026 Earnings Preview Seeking Alpha’s Quant Rating on Compass Diversified
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Alexandra S. Levine reports on ShopMy, which is intent on turning everyone into a brand influencer. Tech Across the Globe TSMC revenue: The Taiwanese chipmaker reported a 30% rise in monthly sales, reflecting enduring demand for cutting-edge semiconductors amid an AI infr...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Alexandra S. Levine reports on ShopMy, which is intent on turning everyone into a brand influencer. Tech Across the Globe TSMC revenue: The Taiwanese chipmaker reported a 30% rise in monthly sales, reflecting enduring demand for cutting-edge semiconductors amid an AI infrastructure boom. Read more about the results here. Funky gadget: Logitech’s newest mouse doesn’t look like one at first glance — it folds up into a square that’s small enough to fit inside a pocket. Take a closer look at the quirky device. Tech layoffs: Sea’s Shopee is cutting hundreds of developer jobs globally, joining industry rivals in slashing staff while they adopt AI in the workplace and develop new services based on the technology. The reductions amount to about 8% of Shopee’s developer workforce. Revalued Cambridge Aerospace, a British defense technology startup developing interceptor systems to protect against drones and cruise missiles, is in talks to raise about $300 million at a valuation of around $3.5 billion. A trust gap Imagine asking a friend or support group for some candid advice. Instead of getting a good, old-fashioned recommendation, you get a link. If you click it, and buy what they’ve suggested, they take a cut. Collecting commissions has been central to the way influencers have been making money for years. But in a curious new twist, it’s extending well beyond the influencer set — to people with other full-time jobs who you can probably find in your own social circles — with the rise of a social media phenomenon called ShopMy . More and more, my colleagues, friends and I are seeing people we know sharing outfits, baby gear, dog accessories — you name it — on Instagram and other platforms with a ShopMy link, through which the recommender can earn a commission of 10% to 30% from the brand or retailer. These are chiefs of staff, veteran tech workers, ...
(RTTNews) - Compass Diversified (CODI), a private equity firm, on Thursday said co-founder and chief executive officer Elias Sabo will retire on December 31, 2026.
(RTTNews) - Compass Diversified (CODI), a private equity firm, on Thursday said co-founder and chief executive officer Elias Sabo will retire on December 31, 2026.
Apple Intelligence and Siri AI have sucked most of the oxygen out of the room at Apple's Worldwide Developers Conference this year—understandable, maybe, given that the AI-powered Siri delays are all anyone has wanted to ask any Apple executive about for the last two years. But Apple Intelligence is just one of the three big focus areas Apple outlined during its keynote this week. The second is ne...
Apple Intelligence and Siri AI have sucked most of the oxygen out of the room at Apple's Worldwide Developers Conference this year—understandable, maybe, given that the AI-powered Siri delays are all anyone has wanted to ask any Apple executive about for the last two years. But Apple Intelligence is just one of the three big focus areas Apple outlined during its keynote this week. The second is new parental controls—overdue, but promising-looking, as the parent of a six-year-old with an iPad that I only begrudgingly connect to the Internet. And the third is "platform improvements," a catch-all for a wide range of fit-and-finish changes aimed at boosting responsiveness and addressing common user complaints. I have the first beta of macOS 27 Golden Gate running on an M1 MacBook Air—the oldest, slowest hardware Apple supports now that Intel compatibility is out the window. With some help from Apple's densely packed wall-of-features slide , here are a few things from the "platform improvements" column I like the most, plus one item I'd still like to see. Read full article Comments
Guardian review finds group tied to Cleta Mitchell and Heather Honey funded misleading ads in swing states As the 2024 election approached, advertisements began popping up in key swing states suggesting local officials had discretion not to certify elections. The advertisements, reported at the time by ProPublica and Wisconsin Watch , were misleading. Certification is not optional, and officials a...
Guardian review finds group tied to Cleta Mitchell and Heather Honey funded misleading ads in swing states As the 2024 election approached, advertisements began popping up in key swing states suggesting local officials had discretion not to certify elections. The advertisements, reported at the time by ProPublica and Wisconsin Watch , were misleading. Certification is not optional, and officials are required to certify the vote once the proper process for any election challenges are complete and an official challenge is complete. The warnings, nonetheless, arrived at a moment when Donald Trump and allies seemed to be gearing up to contest the election results if he lost. Continue reading...
The musician opens up about her mental health, government corruption and why conservative backlash won’t stop her speaking her mind Mon Laferte has a sore throat. Halfway through our conversation, in a studio with no windows at the Sony offices above New York’s Madison Square Park, singer Norma Monserrat Bustamante Laferte meekly asks her manager for a latte without lactose, or coconut milk, if th...
The musician opens up about her mental health, government corruption and why conservative backlash won’t stop her speaking her mind Mon Laferte has a sore throat. Halfway through our conversation, in a studio with no windows at the Sony offices above New York’s Madison Square Park, singer Norma Monserrat Bustamante Laferte meekly asks her manager for a latte without lactose, or coconut milk, if they have it. It’s the first truly hot day of spring. She’s in between arena dates across Latin America of her Femme Fatale tour. Tonight, she’ll skulk through Manhattan with rhinestone-studded eyelids and a Marilyn Monroe wig to film the Femme Fatale music video. Today, her hair is dyed red, cropped in spiky Marcel waves. She’s wearing a black slip dress and a pair of artful, lace-up tabis. With a career spanning over two decades, Laferte holds more Latin Grammys than any other Chilean singer and is the country’s biggest female streaming star, with over 18m monthly listeners. In October of 2025, Laferte released her tenth record, Femme Fatale, a jazz album that saw her step into a vampy alter ego; this month sees the continuation of the story with companion album Femme Fatale Vol 2. Like the archetype, her vision of pop stardom is biting by design. “The archetype is the dangerous one, no? Dangerous for being free, secure,” she tells me in Spanish. “Femme Fatale is a name the press have given me.” Continue reading...