Key PointsThe investment vehicle and 10% owner sold 2,744,259 shares indirectly for a total transaction value of ~$28.41 million at a weighted average price of around $10.35 per share.
Key PointsThe investment vehicle and 10% owner sold 2,744,259 shares indirectly for a total transaction value of ~$28.41 million at a weighted average price of around $10.35 per share.
Tesla Inc. is sharply ramping up capital expenditures in 2026 as the company deepens its push into AI, autonomous vehicles and robotics. $25 Billion CapEx On the company's earnings call with analysts, CFO Vaibhav Taneja said Tesla now expects capital spending to exceed $25 billion this year, a significant increase from its previously outlined $20 billion plan. The revised outlook reflects accelera...
Tesla Inc. is sharply ramping up capital expenditures in 2026 as the company deepens its push into AI, autonomous vehicles and robotics. $25 Billion CapEx On the company's earnings call with analysts, CFO Vaibhav Taneja said Tesla now expects capital spending to exceed $25 billion this year, a significant increase from its previously outlined $20 billion plan. The revised outlook reflects accelerated investments in AI infrastructure and next-generation manufacturing capabilities. "Our current ex
(RTTNews) - Sensient Technologies (SXT) said, for 2026, it now expects high single-digit to double-digit growth in local currency adjusted EPS, updated from prior guidance of mid-single-digit to high single-digit growth. The company now expects high single-digit to double-digit g
(RTTNews) - Sensient Technologies (SXT) said, for 2026, it now expects high single-digit to double-digit growth in local currency adjusted EPS, updated from prior guidance of mid-single-digit to high single-digit growth. The company now expects high single-digit to double-digit g
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Up in smoke: Cannab...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Up in smoke: Cannabis sells off as investors assess the new reclassification . Here's why Trump didn't really 'legalize it.' Polymarket plunder: A U.S. soldier has been charged after allegedly earning $400K betting on Maduro's removal. Griffin vs. Mamdani: Tax-the-rich video prompts Citadel to reconsider a major expansion in midtown Manhattan. Winners and losers Labor market fears were already accelerating in the current slow hiring environment, but several big announcements have added to those concerns. Meta ( META ) announced plans to slash 10% of its workforce , Microsoft ( MSFT ) unveiled its first-ever voluntary employee buyout program , and Nike ( NKE ) detailed its next round of extensive layoffs . The AI disruption cloud is clearly hanging over many industries, and other sectors are prioritizing lean operations to stay competitive amid pressures on margins and organic growth. Snapshot: Terms have already been coined for the pending doom, like the "Great AI Displacement" and "White-Collar Recession," but a more nuanced approach is warranted. Many of the big companies are reallocating their capital as they spend billions to fund massive AI investments, or are in wait-and-see mode to see how the new industry changes will play out. Coming expansions and contractions are also going beyond the traditional labor line, and will impact everyone from office and corporate professionals to tradespeople and industrial workers. So, where is the hiring happening, and what field would be ripe for job training or a transition? Here's a breakdown of the evolving employment landscape through 2034, accor...
Chinese toymaker Pop Mart said it plans to develop more of its Pop Land theme parks on the mainland and overseas, and is in talks with several cities to expand beyond its sole existing venue in Beijing. Jeffrey Hu, head of Pop Land and vice-president of Pop Mart, said on Friday that the company had established solid park operations capabilities, and planned to replicate this model whenever suitabl...
Chinese toymaker Pop Mart said it plans to develop more of its Pop Land theme parks on the mainland and overseas, and is in talks with several cities to expand beyond its sole existing venue in Beijing. Jeffrey Hu, head of Pop Land and vice-president of Pop Mart, said on Friday that the company had established solid park operations capabilities, and planned to replicate this model whenever suitable opportunities emerged. “We also plan to develop an integrated resort blending theme park...
Amid the artificial intelligence boom, the world has been laser-focused on technologies like graphics processing units and memory chips. However, a quieter miracle has been unfolding in the mainland stock market. Optical modules, which allow ultra-fast communications in data centres, have minted a new class of industrial upstarts. In the past year, shares in Shenzhen-listed Zhongji Innolight, the ...
Amid the artificial intelligence boom, the world has been laser-focused on technologies like graphics processing units and memory chips. However, a quieter miracle has been unfolding in the mainland stock market. Optical modules, which allow ultra-fast communications in data centres, have minted a new class of industrial upstarts. In the past year, shares in Shenzhen-listed Zhongji Innolight, the world’s largest optical module producer, jumped tenfold. Smaller peers Eoptolink Technology and...