A long-running strike by Swedish union workers at some of the facilities of Tesla Inc. has been curtailed, according to a report by newspaper Dagens Industri. The strike has been called off at workshops in the cities of Malmo and Uppsala with employees receiving a notice from the IF Metall union, Dagens Industri reported on Friday, without saying where it got the information. IF Metall has been en...
A long-running strike by Swedish union workers at some of the facilities of Tesla Inc. has been curtailed, according to a report by newspaper Dagens Industri. The strike has been called off at workshops in the cities of Malmo and Uppsala with employees receiving a notice from the IF Metall union, Dagens Industri reported on Friday, without saying where it got the information. IF Metall has been engaged in a labor dispute with Tesla in Sweden since October 2023. The conflict began after Tesla declined to sign a collective bargaining agreement with the union, a cornerstone of Sweden’s labor model. The broader labor dispute remains active at other sites across the Nordic country, with a union spokesperson saying in emailed comments to Bloomberg that “the conflict is not over” and that it is “prepared to sit down with Tesla and negotiate a collective agreement at any time.” The walkout has expanded since 2023 through sympathy actions from other Nordic labor groups, affecting areas including vehicle servicing, port handling and logistics. The strike by IF Metall at Tesla’s Swedish service operations has remained small in scale, with union statements describing participation as narrowing to dozens of workers rather than a full workforce walkout. But operations in Sweden, where there’s a legal system protecting sympathy actions, have nevertheless suffered a setback as the dispute drew in other unions across transport, postal and electrical industries. Nordic Model The standoff has tested Tesla in one of the world’s most unionized regions, where collective bargaining agreements underpin much of the labor market. In Sweden, wages and workplace conditions are typically governed through union agreements rather than legislation, and labor leaders have argued that Tesla’s refusal to sign a deal challenges the Nordic employment model. The dispute drew scrutiny from major Nordic investors including Nordea Asset Management and Folksam Group. In 2024, several of the region’s largest...
Earnings Call Insights: Elastic (ESTC) Q4 FY 2026 Management View "Elastic finished the year strong, beating our guidance across every key metric" (CEO & Executive Director Ashutosh Kulkarni), adding, "we saw very strong commitments, resulting in CRPO growth accelerating to 20%" and "the acceleration in our Q4 RPO growth, which reached over 28%, validates the growing magnitude and momentum of our ...
Earnings Call Insights: Elastic (ESTC) Q4 FY 2026 Management View "Elastic finished the year strong, beating our guidance across every key metric" (CEO & Executive Director Ashutosh Kulkarni), adding, "we saw very strong commitments, resulting in CRPO growth accelerating to 20%" and "the acceleration in our Q4 RPO growth, which reached over 28%, validates the growing magnitude and momentum of our customer commitments." "In Q4, we achieved 16% total revenue growth and a non-GAAP operating margin of 14.8%, resulting in a full year revenue growth of 17% and a non-GAAP operating margin of 16.4%" (CEO & Executive Director Kulkarni). He also said, "our commitments mix in Q4 to shift more towards Elastic Cloud than in prior years, which impacted our in-quarter Q4 revenue," while adding, "the shift to cloud will be a positive for the future as these agencies ramp their usage toward their commitment levels." "Our total revenue for the fourth quarter was $451 million" and "sales-led subscription revenue in the fourth quarter was $375 million" (Chief Financial Officer Navam Welihinda). He also said, "this quarter, our sales team delivered a significantly larger mix of cloud commitments compared to historical patterns," and "the variability in cloud commitment mix is important to keep in mind in the context of our revenues reported here in Q4." "We are beginning to see productivity gains from AI, which will evolve the structure of our organization and allow us to expand our operating margins" (CFO Welihinda), while also stating, "we still expect to grow our head count on a net basis this year, continuing to invest in our growth." Outlook "For the first quarter of FY '27, we expect total revenue in the range of $469 million to $470 million" and "we expect non-GAAP diluted earnings per share in the range of $0.57 to $0.59" (CFO Welihinda). He guided "non-GAAP operating margin for the first quarter of fiscal '27 to be approximately 14%." "For FY '27, we expect total revenue in the...
Down more than 90% from its all-time high, Cardano (ADA +2.00%) has fallen off the radar of most crypto investors. And for good reason: The crypto market places a premium on stratospheric upside potential, and Cardano has traded sideways or down for years. In fact, it's safe to say that Cardano might just be the most underrated cryptocurrency in the market right now. It has fallen out of the list ...
Down more than 90% from its all-time high, Cardano (ADA +2.00%) has fallen off the radar of most crypto investors. And for good reason: The crypto market places a premium on stratospheric upside potential, and Cardano has traded sideways or down for years. In fact, it's safe to say that Cardano might just be the most underrated cryptocurrency in the market right now. It has fallen out of the list of top 10 cryptocurrencies (as ranked by market cap) and is no longer viewed as the top challenger to Ethereum. That being said, there are several catalysts that might turn it all around for the digital coin and finally make it a compelling buy. The arrival of spot Cardano ETFs One catalyst that might do the trick is the arrival of spot Cardano exchange-traded funds (ETFs), with several applications now in the regulatory-approval pipeline. The current thinking is that the first spot Cardano ETF might arrive by the end of October. If so, this could finally attract institutional investors, who have thus far shown little or no appetite for Cardano. Any flow of new money could lift its price. The launch of a high-profile AI project Another potential catalyst would be the launch of a splashy new artificial intelligence (AI) project that runs on top of the Cardano blockchain. Several years ago, I thought this would be SingularityNET, the AI project that is now known as Artificial Superintelligence Alliance (FET +8.87%). In 2021, SingularityNET announced that it was moving from Ethereum to Cardano. Announcements kept coming throughout 2023 and 2024, and many hailed it as a big moment for Cardano. However, the price of Artificial Superintelligence Alliance subsequently tanked, and this formerly hot AI crypto trades for roughly the same price as Cardano today. However, there is still an opportunity for Cardano, given that no blockchain -- not even Ethereum -- has emerged as the go-to blockchain for AI. The crypto just needs to find the right partner or the right project. Strategy 20...
Key Points The arrival of spot ETFs for Cardano could help attract new money from institutional investors. The launch of a high-profile AI project could dramatically change the investment narrative around the cryptocurrency. A new strategic vision for 2030 imagines a much more robust blockchain for Cardano. 10 stocks we like better than Cardano › Down more than 90% from its all-time high, Cardano ...
Key Points The arrival of spot ETFs for Cardano could help attract new money from institutional investors. The launch of a high-profile AI project could dramatically change the investment narrative around the cryptocurrency. A new strategic vision for 2030 imagines a much more robust blockchain for Cardano. 10 stocks we like better than Cardano › Down more than 90% from its all-time high, Cardano (CRYPTO: ADA) has fallen off the radar of most crypto investors. And for good reason: The crypto market places a premium on stratospheric upside potential, and Cardano has traded sideways or down for years. In fact, it's safe to say that Cardano might just be the most underrated cryptocurrency in the market right now. It has fallen out of the list of top 10 cryptocurrencies (as ranked by market cap) and is no longer viewed as the top challenger to Ethereum. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » That being said, there are several catalysts that might turn it all around for the digital coin and finally make it a compelling buy. The arrival of spot Cardano ETFs One catalyst that might do the trick is the arrival of spot Cardano exchange-traded funds (ETFs), with several applications now in the regulatory-approval pipeline. The current thinking is that the first spot Cardano ETF might arrive by the end of October. If so, this could finally attract institutional investors, who have thus far shown little or no appetite for Cardano. Any flow of new money could lift its price. The launch of a high-profile AI project Another potential catalyst would be the launch of a splashy new artificial intelligence (AI) project that runs on top of the Cardano blockchain. Several years ago, I thought this would be SingularityNET, the AI project that is now known as Artificial Superintelligence Alliance (CRYPTO: FET)....
Over the last week, quantum computing stories have really started to gain some momentum again across both the news cycle and Wall Street, fueled in part by fresh government investments in the sector. But even with all the excitement, I think most of the attention still flows to whichever company announces the latest qubit milestone or lands a flashy cloud partnership, while one critical player rem...
Over the last week, quantum computing stories have really started to gain some momentum again across both the news cycle and Wall Street, fueled in part by fresh government investments in the sector. But even with all the excitement, I think most of the attention still flows to whichever company announces the latest qubit milestone or lands a flashy cloud partnership, while one critical player remains largely overlooked: the company supplying the cold, unforgiving infrastructure that many superconducting and spin-based quantum computing systems literally cannot operate without. That company is FormFactor (FORM 2.11%), and its secret weapon is simple: If you want to build many types of quantum computing hardware at scale, you almost need to test it on FormFactor gear first. Expand NASDAQ : FORM FormFactor Today's Change ( -2.11 %) $ -2.81 Current Price $ 130.22 Key Data Points Market Cap $10B Day's Range $ 125.50 - $ 133.02 52wk Range $ 26.08 - $ 159.09 Volume 854 Avg Vol 1.8M Gross Margin 39.70 % The lab that sits behind the qubits FormFactor began life as a probe card company for semiconductor fabs. Over time, it built deep expertise in handling tiny, fragile devices with precision at high speed, a skill set that turns out to matter a great deal as you shrink classical chips down to individual quantum dies. To run, many quantum computing devices require temperatures close to absolute zero and exquisite control over magnetic fields. FormFactor's cryogenic systems live inside that environment. Its HPD IQ3000 probe station, for example, provides a 4‑kelvin platform that lets researchers and hardware teams characterize superconducting qubits, single‑photon detectors, and other quantum structures right at the wafer or multichip level. Instead of packaging a device, wiring it up, cooling it for hours, and hoping it behaves, engineers can interrogate many devices in a single chill‑down cycle. In a blog post titled "The Future of Quantum Computing Starts at the Die Level,"...
Rio Tinto Group and South32 Ltd. have offered Japanese clients third-quarter aluminum supply at record premiums, said traders familiar with the matter, after conflict in the Middle East tightened the global market. The refined metal was offered at a premium of $460 a ton by Rio Tinto, while South32 proposed $480 a ton, according to the traders, asking to not be named because the discussions are pr...
Rio Tinto Group and South32 Ltd. have offered Japanese clients third-quarter aluminum supply at record premiums, said traders familiar with the matter, after conflict in the Middle East tightened the global market. The refined metal was offered at a premium of $460 a ton by Rio Tinto, while South32 proposed $480 a ton, according to the traders, asking to not be named because the discussions are private. If accepted, that would eclipse the second-quarter supply deals with the miners by more than $100. Rio Tinto and South32 declined to comment. Shanghai Metals Market first reported the offers this week. The Asian nation is a major aluminum importer and the Japan premium, known as the Main Japanese Port — or MJP — is widely considered a benchmark that reflects demand in east Asia. Rio Tinto is a top supplier of the metal used in automobiles to appliances thanks to its smelters in Canada and Australia. Read More: Japan Manufacturers Hurt Most by Aluminum Shortage From Iran War Aluminum futures have rallied around 17% in London since the start of the Iran war in late February, after the near-closure of the Strait of Hormuz cut off supply from a region that accounted for about 9% of global production capacity. Japan imported about a third of its aluminum from the Middle East in 2025. The US Midwest premium — the surcharge over global benchmarks to deliver the metal into that region — has advanced to a record high on the back of the war, extending a surge after President Donald Trump hiked tariffs on the metal.