Nutanix (NTNX) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 64.71%. A quarter ago, it was expected that this enterprise cloud platform services provider would post earni...
Nutanix (NTNX) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 64.71%. A quarter ago, it was expected that this enterprise cloud platform services provider would post earnings of $0.29 per share when it actually produced earnings of $0.46, delivering a surprise of 58.62%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Nutanix , which belongs to the Zacks Computers - IT Services industry, posted revenues of $524.58 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 1.64%. This compares to year-ago revenues of $448.58 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Nutanix shares have added about 50.5% since the beginning of the year versus the S&P 500's gain of 11.2%. What's Next for Nutanix? While Nutanix has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimat...
RUNSTUDIO Perella Weinberg Partners ( PWP ) will reduce its workforce by almost 10%, including about a dozen partners, as the investment bank shifts resources into higher-performing segments of its business, according to a media report on Wednesday. The cuts will be made in industry subsectors that have trailed the broader market, Bloomberg News reported, citing a person familiar with the mattter....
RUNSTUDIO Perella Weinberg Partners ( PWP ) will reduce its workforce by almost 10%, including about a dozen partners, as the investment bank shifts resources into higher-performing segments of its business, according to a media report on Wednesday. The cuts will be made in industry subsectors that have trailed the broader market, Bloomberg News reported, citing a person familiar with the mattter. The cuts will be the firm's first major job-cutting effort since 2023. In the past year, PWP's stock performance has lagged those of its peers. PWP rose 4.9% in the past year (to May 26's close), compared with Evercore's ( EVER ) 48% gain. The person told Bloomberg that the headcount reductions are separate from its AI initiatives, which, thus far, haven't resulted in layoffs. In Q1, Perella Weinberg's ( PWP ) revenue declined 30% to $149M, missing the average analyst estimate of $166M. The drop was driven by fewer fee-paying clients and a decline in closings across both M&A and financing and capital solutions, partly offset by an increase in average fee per client, the company said. More on Perella Weinberg Partners Perella Weinberg Partners (PWP) Q1 2026 Earnings Call Transcript Perella Weinberg: Q1 Will Be Messy For Advisory, Headcount Additions Inopportune Riverwater Small-Cap Strategy repositions portfolio with fresh entries and exits in Q1 Perella Weinberg discloses stock consideration for Gleacher Shacklock deal Seeking Alpha’s Quant Rating on Perella Weinberg Partners
A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal court in New York. Spagnuolo, 36, appeared before a federal magistrate and was released on a $2.25 million bond. A lawyer for Spagnuolo didn’t ...
A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal court in New York. Spagnuolo, 36, appeared before a federal magistrate and was released on a $2.25 million bond. A lawyer for Spagnuolo didn’t immediately respond to messages seeking comment on the charges. The case comes amid growing concern about insider trading on prediction markets. The charges against Spagnuolo come just a little more than a month after a US Army Special Forces master sergeant was charged with using classified information about the operation to capture then-Venezuelan president Nicolas Maduro to make $400,000 betting on Polymarket. According to the complaint, Spagnuolo, an Italian citizen who joined Alphabet Inc. ’s Google in 2014, had access to company data that tracked user searches when he bet that Google’s most-searched person in 2025 would be the singer D4vd. Last month, D4vd, whose real name is David Anthony Burke, was charged with murdering a 14-year-old girl. He has pleaded not guilty. At the time, Polymarket assigned a “near-zero probability” that D4vd would be the top-ranked search over figures like Pope Leo XIV and Kendrick Lamar, prosecutors said. When D4vd was publicly announced as the top-searched person in December, Spagnuolo allegedly made around $1.2 million. “We’re working with law enforcement on their investigation,” a Google spokesperson said in a statement. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.” Prosecutors said Spagnuolo, who traded on Polymarket under the username “AlphaRaccoon,” also sought to cover up his bets with a service that adds privacy protection to cr...
(Bloomberg) -- A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Most Read from Bloomberg Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal court in New York. Spagnuolo, 36, appeared before a federal magistrate and was released on a $2.25 mill...
(Bloomberg) -- A Google software engineer was charged with insider trading on Polymarket, where he allegedly made more than $1 million betting on one of last year’s most popular Internet searches. Most Read from Bloomberg Michele Spagnuolo was charged in a complaint unsealed Wednesday in federal court in New York. Spagnuolo, 36, appeared before a federal magistrate and was released on a $2.25 million bond. A lawyer for Spagnuolo didn’t immediately respond to messages seeking comment on the charges. The case comes amid growing concern about insider trading on prediction markets. The charges against Spagnuolo come just a little more than a month after a US Army Special Forces master sergeant was charged with using classified information about the operation to capture then-Venezuelan president Nicolas Maduro to make $400,000 betting on Polymarket. According to the complaint, Spagnuolo, an Italian citizen who joined Alphabet Inc.’s Google in 2014, had access to company data that tracked user searches when he bet that Google’s most-searched person in 2025 would be the singer D4vd. Last month, D4vd, whose real name is David Anthony Burke, was charged with murdering a 14-year-old girl. He has pleaded not guilty. At the time, Polymarket assigned a “near-zero probability” that D4vd would be the top-ranked search over figures like Pope Leo XIV and Kendrick Lamar, prosecutors said. When D4vd was publicly announced as the top-searched person in December, Spagnuolo allegedly made around $1.2 million. “We’re working with law enforcement on their investigation,” a Google spokesperson said in a statement. “The employee accessed our marketing material using a tool available to all employees, but using such confidential information to place bets is a serious breach of our policies. We’ve placed the employee on leave and will take the appropriate action.” Prosecutors said Spagnuolo, who traded on Polymarket under the username “AlphaRaccoon,” also sought to cover up his bets with a ser...
Over four years after a California agency sued Tesla over an alleged pattern of racial discrimination, a judge has dismissed Tesla's motion to throw out the lawsuit. The California Civil Rights Department (CRD) said today that the Alameda County Superior Court order clears a path for the case to go to trial, which is currently scheduled for July 20. Tesla "employment practices remain rooted in som...
Over four years after a California agency sued Tesla over an alleged pattern of racial discrimination, a judge has dismissed Tesla's motion to throw out the lawsuit. The California Civil Rights Department (CRD) said today that the Alameda County Superior Court order clears a path for the case to go to trial, which is currently scheduled for July 20. Tesla "employment practices remain rooted in some of the ugliest relics of the past," CRD Director Kevin Kish said. "Black workers are paid less for their work. They are subjected to racist slurs. They face threats of being fired for speaking out... We look forward to having our day in court to hold Tesla accountable and to protect the rights of workers in our state.” The lawsuit alleges widespread discrimination, especially at Tesla's Fremont factory, and seeks financial damages and injunctive relief. At trial, the case may include claims of discrimination going back to June 2018. The judge partially granted Tesla's request to block claims under the statute of limitations, but only for incidents that happened before June 18, 2018. Read full article Comments
Magna Mining press release ( MGMNF ): Q1 Non-GAAP EPS of -C$0.03. Revenue of C$25.91M (+502.6% Y/Y). More on Magna Mining Inc. Historical earnings data for Magna Mining Inc. Financial information for Magna Mining Inc.
Magna Mining press release ( MGMNF ): Q1 Non-GAAP EPS of -C$0.03. Revenue of C$25.91M (+502.6% Y/Y). More on Magna Mining Inc. Historical earnings data for Magna Mining Inc. Financial information for Magna Mining Inc.
If you want an iPad that’s more powerful than the entry-level model but less expensive than the iPad Pro , the latest iPad Air is the one to buy, and it’s down to one its best prices to date. The 11-inch Air with 128GB of storage and Wi-Fi connectivity is available at Amazon starting at $519.99 ($79 off). If you want a larger screen, the base 13-inch Air has dropped to a new low price of $699 ($10...
If you want an iPad that’s more powerful than the entry-level model but less expensive than the iPad Pro , the latest iPad Air is the one to buy, and it’s down to one its best prices to date. The 11-inch Air with 128GB of storage and Wi-Fi connectivity is available at Amazon starting at $519.99 ($79 off). If you want a larger screen, the base 13-inch Air has dropped to a new low price of $699 ($100 off), also at Amazon . 13-inch iPad Air M4 Where to Buy: $799 $699.99 at Amazon (128GB, Wi-Fi) $899 $789.99 at Amazon (256GB, Wi-Fi) $1099 $1019 at Amazon (512GB, Wi-Fi) 11-inch iPad Air (2026) Where to Buy: $599 $519.99 at Amazon (128GB, Wi-Fi) $699 $609.99 at Amazon (256GB, Wi-Fi) $899 $839 at Amazon (512GB, Wi-Fi) No matter which size you choose, the new iPad Air is noticeably faster than the base iPad thanks to its M4 processor and a bump up to 12GB of RAM. While it falls short of the M5-powered iPad Pros in terms of raw performance and its super-thin design, the Air is sufficient for lighter creative work and some gaming. This model also boasts Apple Intelligence and support for the latest Apple Pencil Pro. Apple also made a handful of smaller upgrades in the now-discounted iPad Air, like the N1 wireless networking chip that supports Wi-Fi 7 and Bluetooth 6. It’s also compatible with Thread, making it easier to control smart lights, locks, and other compatible smart home devices directly from your tablet. It was already a good value, and now it’s a better one at this price if you’re shopping for a new iPad. Read our M4-powered iPad Air review.
Image source: The Motley Fool. Thursday, May 14, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Justin Kenna Chief Financial Officer — Michael Munoz Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $18.5 million, a 142% year-over-year increase primarily from the agency and owned and operated IP segments, with Click contributing for the full quart...
Image source: The Motley Fool. Thursday, May 14, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Justin Kenna Chief Financial Officer — Michael Munoz Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $18.5 million, a 142% year-over-year increase primarily from the agency and owned and operated IP segments, with Click contributing for the full quarter. -- $18.5 million, a 142% year-over-year increase primarily from the agency and owned and operated IP segments, with Click contributing for the full quarter. Gross margin -- $8.5 million or 45.9% of sales, representing a 20.1 percentage point improvement year over year. -- $8.5 million or 45.9% of sales, representing a 20.1 percentage point improvement year over year. Adjusted EBITDA -- $1.7 million profit, a $4.8 million improvement from the $3.1 million loss in the prior year quarter. -- $1.7 million profit, a $4.8 million improvement from the $3.1 million loss in the prior year quarter. Pro forma results including TubeBuddy -- Revenue of $20.6 million and adjusted EBITDA of $2.3 million, or 11.2% of pro forma revenue. -- Revenue of $20.6 million and adjusted EBITDA of $2.3 million, or 11.2% of pro forma revenue. Balance sheet -- Cash, cash equivalents, and digital asset treasury assets (excluding NFTs) stood at $52.0 million as of period end. -- Cash, cash equivalents, and digital asset treasury assets (excluding NFTs) stood at $52.0 million as of period end. Shareholders' equity -- Increased to $35.7 million compared to $12 million at the prior year-end. -- Increased to $35.7 million compared to $12 million at the prior year-end. Revenue by segment (Q4) -- $12.5 million agency (including Click), $4.2 million owned and operated IP, $1.2 million SaaS and managed services, $560,000 digital asset treasury yield; segment totals do not sum to consolidated revenue due to rounding and presentation. -- $12.5 million agency (including Click), $4.2 million owned and operated IP...
Jeffrey Rosenberg, portfolio manager of the iShares Systematic Alternatives Active ETF (IALT) at BlackRock, explains how the ETF is navigating the current economic environment on "Bloomberg The Close." (Source: Bloomberg)
Jeffrey Rosenberg, portfolio manager of the iShares Systematic Alternatives Active ETF (IALT) at BlackRock, explains how the ETF is navigating the current economic environment on "Bloomberg The Close." (Source: Bloomberg)
Check out the companies making headlines after the bell : Salesforce — Shares were marginally lower after the cloud-based software guided for current-quarter revenue between $11.27 billion to $11.35 billion, while analysts were looking for $11.36 billion, per LSEG. However, Salesforce raised its full-year earnings guidance range. The company also posted a first-quarter earnings and revenue beat. N...
Check out the companies making headlines after the bell : Salesforce — Shares were marginally lower after the cloud-based software guided for current-quarter revenue between $11.27 billion to $11.35 billion, while analysts were looking for $11.36 billion, per LSEG. However, Salesforce raised its full-year earnings guidance range. The company also posted a first-quarter earnings and revenue beat. Nutanix — The cloud computing stock added 3%. Nutanix reported a fiscal third-quarter adjusted earnings and revenue beat. Non-GAAP operating margin for the period came in at 22.3%, topping analysts' call for 16.9%. Agilent Technologies — Shares popped 11% after the healthcare equipment raised its full-year adjusted earnings guidance to between $6 and $6.10 per share, higher than previous estimates of between $5.90 to $6.04 a share. Agilent also reported a second-quarter beat on both the top and bottom lines. Marvell Technology — The semiconductor company slipped more than 1% even after posting a rosy outlook for the current quarter. Marvell sees adjusted earnings of 93 cents per share on revenue of $2.70 billion. That's better than the 90 cents per share and $2.60 billion the Street anticipated, per LSEG. Top and bottom line results for the first quarter also topped expectations. Everpure — The cloud and data storage stock shed more than 6% after Everpure posted a first-quarter non-GAAP gross margin that was in line with expectations. However, the company formerly known as Pure Storage reported a first-quarter adjusted earnings and revenue beat. Everpure also shared operating income guidance for the current quarter and full year that exceeded estimates. Snowflake — The cloud-based data platform provider soared 33% in extended trading. Snowflake has inked a plan to spend $6 billion on Amazon Web Services over five years. Separately, Snowflake reported first-quarter results that surpassed estimates, posting adjusted earnings of 39 cents per share and revenue of $1.39 billion. ...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. NVIDIA stock overview after recent price moves NVIDIA (NVDA) has seen mixed price action recently, with the stock down slightly over the past week but higher over the past month and past 3 months. That backdrop sets the stage for reviewing its current fundamentals. See our latest anal...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. NVIDIA stock overview after recent price moves NVIDIA (NVDA) has seen mixed price action recently, with the stock down slightly over the past week but higher over the past month and past 3 months. That backdrop sets the stage for reviewing its current fundamentals. See our latest analysis for NVIDIA. Despite a softer patch recently, with the share price down over the past week, NVIDIA’s 1-year total shareholder return of 58.61% and very large 5-year total shareholder return highlight how strong long-term momentum has been. If NVIDIA’s recent moves have you thinking about what else is driving AI infrastructure, this is a good moment to scan for other potential opportunities using the 47 AI infrastructure stocks With NVIDIA still showing strong recent returns and trading at a discount to the average analyst price target, the key question is simple: is this stock still undervalued, or is the market already pricing in years of future growth? Most Popular Narrative: 36.8% Undervalued At a last close of $214.86 versus a narrative fair value of $339.90, the current share price sits well below what the most followed storyline implies. Nvidia will hit $400b annual revenue in 5 years time. Approximately 90% of revenue will come from data centre customers. This equates to $90b per quarter, or the equivalent of 30,000 Blackwell racks (at about $3m per rack). Read the complete narrative. Curious how that revenue leap is expected to materialise? The narrative leans on aggressive data center demand, rich margins and a premium earnings multiple. Want the full playbook behind that fair value call? Result: Fair Value of $339.90 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on NVIDIA keeping its AI edge. Any sharp shift in competition or tighter regulations around data centers could quickly undercut tha...
Image source: The Motley Fool. May 14, 2026, at 4:30 p.m. ET Call participants Chief Executive Officer — Stephen Cotton Chief Financial Officer — Eric West Operator Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Cash and Cash Equivalents -- $10.8 million at year-end, providing multiple quarters of operating runway and supporting engineering, permitting, and site selecti...
Image source: The Motley Fool. May 14, 2026, at 4:30 p.m. ET Call participants Chief Executive Officer — Stephen Cotton Chief Financial Officer — Eric West Operator Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Cash and Cash Equivalents -- $10.8 million at year-end, providing multiple quarters of operating runway and supporting engineering, permitting, and site selection efforts for the first commercial AquaRefining facility. -- $10.8 million at year-end, providing multiple quarters of operating runway and supporting engineering, permitting, and site selection efforts for the first commercial AquaRefining facility. Debt Position -- No long-term debt at year-end after the completion of the Sierra ARC asset sale and full repayment of the $3 million Summit Building loan. -- No long-term debt at year-end after the completion of the Sierra ARC asset sale and full repayment of the $3 million Summit Building loan. Total Capital Raised -- $20 million in 2025, including a $13 million institutional investment and $7 million from ATM and equity line programs. -- $20 million in 2025, including a $13 million institutional investment and $7 million from ATM and equity line programs. Net Loss -- $22.6 million, or negative $15.15 per share for the year, compared to $24.6 million, or negative $38.25 per share, in the prior year. -- $22.6 million, or negative $15.15 per share for the year, compared to $24.6 million, or negative $38.25 per share, in the prior year. Operating Expenses -- $23.3 million, with $9.1 million of noncash impairment and loss on disposal charges; underlying operating expenses declined meaningfully when excluding these items. -- $23.3 million, with $9.1 million of noncash impairment and loss on disposal charges; underlying operating expenses declined meaningfully when excluding these items. General & Administrative Expense -- $10.5 million, a reduction from $12 million in the prior year, driven by lower payroll, professional fees, an...
As artificial intelligence has exploded in popularity and use, so has big tech's spending on it. The four major hyperscalers plan to spend hundreds of billions of dollars on data center infrastructure this year, with Amazon (AMZN +2.47%) projecting the largest budget. At the time it delivered its Q4 2025 earnings report in February, it said it anticipated capital expenditures of $200 billion for 2...
As artificial intelligence has exploded in popularity and use, so has big tech's spending on it. The four major hyperscalers plan to spend hundreds of billions of dollars on data center infrastructure this year, with Amazon (AMZN +2.47%) projecting the largest budget. At the time it delivered its Q4 2025 earnings report in February, it said it anticipated capital expenditures of $200 billion for 2026. For perspective, fewer than 30 public companies worldwide have generated more than $200 billion in revenue over their past four quarters combined. Less than 60 countries have GDPs of over $200 billion. So, with Amazon planning historic AI capex, should investors be worried? Wall Street seems to be conflicted on the issue. Where is the money going? Not all of that $200 billion will go toward AI (Amazon still needs to invest more in its warehouse robots and other e-commerce logistics, for example), but most of it will surely go toward building data centers and other AI infrastructure, such as its in-house AI chips. Most people know (and care) about AI and the cloud only as far as they interact with them. However, behind the scenes, tons of physical hardware, real estate, and power sources must be in place for it to work. That's why many companies that make hardware for data centers have also seen unprecedented success recently (Nvidia, Sandisk, etc.). Amazon didn't say how much of the $200 billion will go directly toward AI initiatives, but I wouldn't be surprised if it's at least three-fourths of it. What does Wall Street think of Amazon's spending plan? Investors have noticeably advanced from the hype phase of the AI investment cycle to the "show me this can make money" phase. Those who are bullish about Amazon's spending plan point to the size of AWS' current backlog -- $364 billion at the end of the first quarter, and that didn't include the over $100 billion deal it announced with Anthropic in late April. The growth of that backlog shows that rising demand for cloud...
Tesla (TSLA +1.56%) is a stock that divides Wall Street analysts, with Piper Sandler, Canaccord Genuity, and Wedbush in the bullish camp currently, with respective price targets of $500, $450, and $600; while UBS and Barclays take a more skeptical view with their respective $364 and $360 targets. The stock closed Tuesday at $434. It remains to be seen which camp is right, but we do know that in th...
Tesla (TSLA +1.56%) is a stock that divides Wall Street analysts, with Piper Sandler, Canaccord Genuity, and Wedbush in the bullish camp currently, with respective price targets of $500, $450, and $600; while UBS and Barclays take a more skeptical view with their respective $364 and $360 targets. The stock closed Tuesday at $434. It remains to be seen which camp is right, but we do know that in the near term, the robotaxi rollout will determine the stock's fate. Here's what to expect. Establishing a robotaxi business Canaccord analyst George Gianarikis recently raised his price target on the stock, partly because the company is derisking its supply chain with large-scale investments in semiconductors, lithium refineries, battery production, and other factory investments. Expand NASDAQ : TSLA Tesla Today's Change ( 1.56 %) $ 6.76 Current Price $ 440.35 Key Data Points Market Cap $1.6T Day's Range $ 435.56 - $ 445.57 52wk Range $ 273.21 - $ 498.83 Volume 2.4M Avg Vol 61.7M Gross Margin 19.07 % It's a powerful case that emphasizes the long-term potential of the businesses that CEO Elon Musk is putting together, with the earliest major catalyst coming from Cybercab. It's not so much the immediate profitability of Cybercab that will move the needle, but rather the establishment of a core robotaxi business that should scale dramatically in the coming years. What Wall Street expects These assumptions are baked into Wall Street's forecasts. While the numbers reflect a wide range of outcomes, it's clear that robotaxi revenue won't be material in 2026, as Musk stated on the recent earnings call. He did say it would "be material probably in a significant way next year," and the consensus calls for 1.6% of revenue from the robotaxi business next year. Wall Street Estimates for Cybercab/Robotaxi Revenue 2026 2027 2028 2029 2030 Consensus $183 million $1,843 million $6,998 million $22,276 million $42,436 million Median $87 million $1,205 million $2,285 million $25,748 million $34...
Tutor Perini Corporation ( TPC ) said on Wednesday its subsidiary, Perini Management Services, was awarded an $81.8M contract by the U.S. Coast Guard for a family housing project at USCG Base Kodiak in Alaska. Work is expected to begin immediately, with substantial completion targeted for November 2028. The contract value will be added to Tutor Perini’s backlog in the second quarter of 2026. More ...
Tutor Perini Corporation ( TPC ) said on Wednesday its subsidiary, Perini Management Services, was awarded an $81.8M contract by the U.S. Coast Guard for a family housing project at USCG Base Kodiak in Alaska. Work is expected to begin immediately, with substantial completion targeted for November 2028. The contract value will be added to Tutor Perini’s backlog in the second quarter of 2026. More on Tutor Perini Tutor Perini: A Better Bottom Line, But Valuation Still A Concern (Rating Downgrade) Tutor Perini: Strong Backlog With Larger Higher-Margin Contracts (Rating Upgrade) Tutor Perini: Hold While Backlog Accumulates Three Quarters Of Contraction CNDT, WATT among industrial stocks set to join Russell Microcap; BLBD, AMPX to exit Tutor Perini unit wins $61.6M U.S. Coast Guard contract in Alaska
Add Decrypt as your preferred source to see more of our stories on Google. In brief A CNBC report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former's IPO looms. report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former's IPO looms. The pair collectively owns more than 30,000 BTC according to new filings, valued at more than $2.2 billion ...
Add Decrypt as your preferred source to see more of our stories on Google. In brief A CNBC report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former's IPO looms. report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former's IPO looms. The pair collectively owns more than 30,000 BTC according to new filings, valued at more than $2.2 billion in total. The combined public entity would rank inside the top five of publicly traded Bitcoin treasuries. The combination of SpaceX and Tesla—a reported possibility—could put the world’s richest man, Elon Musk, in direct control of more than 30,221 Bitcoin valued at about $2.27 billion. The move would place the combined firm comfortably inside the top 10 publicly traded Bitcoin treasuries, ranking it #5 according to the most recent filings. Whether or not the Musk-led mega-firm will exist remains to be seen, but speculation is growing that the world’s richest man wishes to combine the firms, according to a report from CNBC. Musk has already combined social media platform X with his xAI artificial intelligence firm, and is now in the process of merging xAI with SpaceX, as well. “The two companies already have a laundry list of shared resources, and Musk has discussed with colleagues the possibility of folding the companies together,” the report says, citing people familiar with the discussions. SpaceX’s Bitcoin position was revealed last week when it filed for an IPO, showcasing holdings of 18,712 BTC worth more than $1.4 billion. The firm acquired that Bitcoin for just $661 million and has held its current allotment since at least 2024, according to its SEC filing. The firm reportedly moved funds on-chain for the first time in three years last July, according to on-chain labeling data from Arkham Intelligence. It once more moved around $94 million worth of BTC in December, but data gathered at the time pointed to the firm holding less than 9,000 BTC in total—less than ha...
It was thought unlikely that Biden, the incumbent president, would be replaced as the Democratic Party's nominee just a few months before the election. The difficult process of choosing another nominee was seen as having the potential to derail party's White House bid.
It was thought unlikely that Biden, the incumbent president, would be replaced as the Democratic Party's nominee just a few months before the election. The difficult process of choosing another nominee was seen as having the potential to derail party's White House bid.
Image source: The Motley Fool. May 14, 2026 at 8 a.m. ET CALL PARTICIPANTS Executive Chairman — Daniel McDonough Chief Executive Officer — Barry Rubens Chief Financial Officer — Sean Arnette Chief Growth Officer — Sebastian Shahvandi TAKEAWAYS Revenue -- $6.1 million for the fourth quarter, up 85% from $3.3 million in the prior-year period. -- $6.1 million for the fourth quarter, up 85% from $3.3 ...
Image source: The Motley Fool. May 14, 2026 at 8 a.m. ET CALL PARTICIPANTS Executive Chairman — Daniel McDonough Chief Executive Officer — Barry Rubens Chief Financial Officer — Sean Arnette Chief Growth Officer — Sebastian Shahvandi TAKEAWAYS Revenue -- $6.1 million for the fourth quarter, up 85% from $3.3 million in the prior-year period. -- $6.1 million for the fourth quarter, up 85% from $3.3 million in the prior-year period. Cost of Revenue -- $5.5 million in the fourth quarter, compared to $3 million in the prior-year period. -- $5.5 million in the fourth quarter, compared to $3 million in the prior-year period. Gross Profit -- $0.5 million for the quarter, compared to $0.3 million in the prior-year period. -- $0.5 million for the quarter, compared to $0.3 million in the prior-year period. Gross Margin -- 8.6% during the quarter, unchanged from the prior-year period. -- 8.6% during the quarter, unchanged from the prior-year period. Operating Expenses -- $2.8 million for the quarter, compared to $1.3 million a year prior. -- $2.8 million for the quarter, compared to $1.3 million a year prior. Operating Loss -- $2.2 million for the quarter, compared to $1 million in the prior-year period. -- $2.2 million for the quarter, compared to $1 million in the prior-year period. Net Loss -- $2.3 million in the quarter, versus a net loss of $1.1 million a year earlier. -- $2.3 million in the quarter, versus a net loss of $1.1 million a year earlier. Adjusted EBITDA -- Loss of $2.2 million for the quarter, versus a loss of $1 million a year earlier. -- Loss of $2.2 million for the quarter, versus a loss of $1 million a year earlier. Full-Year Revenue -- $21.6 million, a 154% increase from $8.5 million in the prior-year period. -- $21.6 million, a 154% increase from $8.5 million in the prior-year period. Full-Year Gross Margin -- 18.5%, up from 13.7% in the prior-year period. -- 18.5%, up from 13.7% in the prior-year period. Full-Year Gross Profit -- $4.0 million, up 244% fr...
After being denied their rightful place in this season’s Europa League, Crystal Palace finally have their revenge. In Oliver Glasner’s final match in charge, it was fitting that Jean-Philippe Mateta should score what turned out to be the winning goal after his January move to Milan was scuppered by a failed medical. It has been that kind of season in south London. Having rescued them from the brin...
After being denied their rightful place in this season’s Europa League, Crystal Palace finally have their revenge. In Oliver Glasner’s final match in charge, it was fitting that Jean-Philippe Mateta should score what turned out to be the winning goal after his January move to Milan was scuppered by a failed medical. It has been that kind of season in south London. Having rescued them from the brink of extinction only 16 years ago, how Steve Parish must have relished this occasion. The Palace chair found himself sitting next to the Uefa president Aleksander Ceferin for the biggest night in their history and he can now start planning for the Europa League campaign that was denied to them as last year’s FA Cup winners were adjudged to have broken European football’s governing body’s rules on multiclub ownership. As for Glasner, it ends any debate over whether he is the greatest manager in Palace’s history. Having been second best in the first half, he must take great credit for the way his side seized the initiative after the break and the Austrian can now ride off into the sunset with a third trophy in the space of just 12 months. Surely a top club will snap him up soon enough. Continue reading...