Airbnb Inc. is offering private car pickups in major markets outside the US, the latest move in an ambitious plan to offer hotel-like services in addition to lodgings. It is partnering with UK-based airport transfer company Welcome Pickups to offer the service to guests traveling to 125 cities across Asia, Europe and Latin America, including Paris, Bali and Mexico City, according to a statement Tu...
Airbnb Inc. is offering private car pickups in major markets outside the US, the latest move in an ambitious plan to offer hotel-like services in addition to lodgings. It is partnering with UK-based airport transfer company Welcome Pickups to offer the service to guests traveling to 125 cities across Asia, Europe and Latin America, including Paris, Bali and Mexico City, according to a statement Tuesday. After booking an Airbnb stay in an eligible city, users will see the option to schedule a private car service to their lodging in the app. Customers can also opt for a meet-and-greet at their arrival location. The option for guests to book airport pickups is the latest addition to Airbnb’s relatively new Services offering , which lets travelers book a la carte services such as personally cooked meals, massages, fitness training, and hair, makeup and nail appointments. Chief Executive Officer Brian Chesky has said services, combined with a companion Experiences business for booking activities, will help add $1 billion or more in revenue a year. But he has cautioned that it may take years before the new product lines become a material part of Airbnb’s business. While some Airbnb hosts have had their own arrangements with Welcome Pickups, which is registered as Welcome Travel Technologies Holdings , such as offering referral links or discounted rates for guests to arrange for the service themselves, Airbnb is formalizing the partnership by letting customers make or modify such bookings directly within the Airbnb app. Guests don’t pay an Airbnb fee when using the service, the company said. Welcome Pickups will manage customer support for the service. Ride prices will be fixed and determined by Welcome Pickups based on the vehicle type needed to accommodate passengers and bags, according to Welcome Pickups CEO and co-founder Alexandros Trimis. Users will receive their driver’s contact information ahead of time in case they need to get in touch for questions or requests, h...
watch now VIDEO 13:45 13:45 Saronic CEO Dino Mavrookas on $1.75 billion funding round, autonomous vessels, and expanding U.S. shipbuilding News Videos Autonomous ship startup Saronic said Tuesday that it's raised $1.75 billion as it ramps up production to meet mounting U.S. military demand for newer and cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Saronic's va...
watch now VIDEO 13:45 13:45 Saronic CEO Dino Mavrookas on $1.75 billion funding round, autonomous vessels, and expanding U.S. shipbuilding News Videos Autonomous ship startup Saronic said Tuesday that it's raised $1.75 billion as it ramps up production to meet mounting U.S. military demand for newer and cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Saronic's valuation to $9.25 billion from the $4 billion it hit after a $600 million raise early last year. Saronic plans to use the funding to scale its supply chain and shipyards, and build more than 20 ships a year by 2027, including its new shipyard, dubbed Port Alpha, in Texas. "We're seeing is a real shift in demand towards unmanned systems that can be delivered at scale and at a fraction of the price point of traditional vessels," CEO Dino Mavrookas told CNBC's Morgan Brennan in an interview. The U.S. is racing to catch up to China's vast shipbuilding capabilities and restore maritime supremacy under President Donald Trump's military modernization plans. The war in Iran and bottleneck in the Strait of Hormuz is further illustrating the need to integrate newer tools into modern warfare. Saronic’s Spyglass and Cutlass autonomous surface vessels. Courtesy: Saronic Mavrookas said Saronic's vessels can help reduce risk to military forces in dangerous environments and help the U.S. chip away at China's dominance. The company wants to help the U.S. reach production levels not seen in the U.S. since World War II. "It's rethinking the entire ship" he said, which comes down to reconfiguring vessel design for autonomy. For years, Silicon Valley has poured billions into defense tech companies seeking to take business from legacy defense contractors such as Lockheed Martin , RTX and Northrop Grumman. Saronic, which ranked 19th on the latest CNBC Disruptor 50 list , is among a growing crop of defense companies winning over the government with the support of venture capital. Last year, it sign...
Michael Vi/iStock Editorial via Getty Images As 2026 wears on, the enterprise software sector continues to face tremendous headwinds that we haven't seen in years, with fears of the “SaaSpocalypse” wiping out years of gains and crunching valuation multiples down to bargain-basement valuations. My overarching view on this trend is that the fears of an AI-driven takeover of the software industry are...
Michael Vi/iStock Editorial via Getty Images As 2026 wears on, the enterprise software sector continues to face tremendous headwinds that we haven't seen in years, with fears of the “SaaSpocalypse” wiping out years of gains and crunching valuation multiples down to bargain-basement valuations. My overarching view on this trend is that the fears of an AI-driven takeover of the software industry are largely overblown, but in companies where we can see a meaningful slowdown in current earnings data, we should be far more careful. PagerDuty, Inc. ( PD ), an incident response cybersecurity company, falls squarely into this bucket. The company has struggled with retaining customers over the past few quarters, which has triggered a substantial loss in market value over the past few months. Since January alone, PagerDuty has shed ~40% of its value, and unfortunately, there's no evidence of any light at the end of the tunnel. Data by YCharts I last wrote a “Neutral” opinion on PagerDuty in January, downgrading the stock when it was trading at $11 per share. Since then, PagerDuty's fundamentals have only worsened, with the company's revenue growth remaining sluggish amid intensifying customer churn. To me, there's no clearer indication that AI may actually be a net headwind for the company, no matter how much PagerDuty insists that it's an AI-first company. I'm dropping my rating on the stock one notch further, to “Sell.” As a reminder, PagerDuty's platform covers a wide variety of bases. The PagerDuty operations cloud consists of a number of core modules, which are shown in the chart below: PagerDuty operations cloud (PagerDuty Q4 earnings deck) Core functions include incident management, giving companies the ability to detect and respond to potential threats, automating the incident resolution process, and standardizing and streamlining core workflows. Here's the problem, however. PagerDuty is neither unique nor “best in class.” It may be trying to be too many things at onc...
Getty Images First Quarter 2026 Performance Recap Managing Risk Through Markets That Offer Fewer Safe Havens The first quarter of 2026 has been a rough one although most client portfolios have declined less than our benchmark by almost one percent. Generally, equity holdings declined less than the SP500 and the fixed income holdings are about flat for the year today, while the bond market has decl...
Getty Images First Quarter 2026 Performance Recap Managing Risk Through Markets That Offer Fewer Safe Havens The first quarter of 2026 has been a rough one although most client portfolios have declined less than our benchmark by almost one percent. Generally, equity holdings declined less than the SP500 and the fixed income holdings are about flat for the year today, while the bond market has declined. The SP500 is down -4.7% year-to-date and the Bloomberg Bond Index is down -0.7%. The year opened with the U.S. involvement in Venezuela, which set the stage for a geopolitically dominated quarter. As a follow up to Venezuela, tensions rose in mid-January as the U.S. turned its focus to Greenland during an international summit. This was short lived but added to the turbulent environment for various asset classes. The main event of the quarter opened on February 28th, when the U.S. struck Iran. This is proving to be an ongoing issue and will be covered in our Investment Strategy and Outlook section. In addition to the geo-political developments, AI (Artificial Intelligence) sent a scare through markets as new products disrupted several businesses. Software companies bore the brunt of the pain, with companies like Monday.com, Asan, and HubSpot ( HUBS ), who have easily replaceable products, selling off by as much as 50%. Several other companies were punished unfairly in our view, including Microsoft ( MSFT ) (-20%), Intuit ( INTU ) (-30%) and DocuSign ( DOCU ) (-30%). The products and services of these companies are not easily replaced by AI. This fear spilled over into the trucking and finance industry as new AI products were released. The third big event of the first quarter was the appointment of Kevin Warsh as the Chairman of the Federal Reserve. Although not yet appointed, it appears Warsh will be Fed Chair this year. This announcement knocked Gold off its all-time high, which still has not recovered. Warsh is viewed as neutral by investors, who were prepared for an...
TORONTO, March 31, 2026--AXL, a Canadian venture studio transforming applied AI research into high-growth companies, has announced its inaugural cohort of Faculty Fellows, a group of nine distinguished researchers, all professors at the University of Toronto (U of T), whose work spans computer vision, machine learning, and beyond at some of the world’s leading organizations.
TORONTO, March 31, 2026--AXL, a Canadian venture studio transforming applied AI research into high-growth companies, has announced its inaugural cohort of Faculty Fellows, a group of nine distinguished researchers, all professors at the University of Toronto (U of T), whose work spans computer vision, machine learning, and beyond at some of the world’s leading organizations.
SuiteConnect London -- Oracle and Oracle NetSuite today announced Oracle NetSuite Restaurant Operations. Powered by NetSuite's AI-powered business system, Restaurant Operations is designed to help restaurants increase operational efficiency and profitability by unifying and simplifying critical back-office functions. Restaurant Operations supports growth and innovation by unifying inventory, procu...
SuiteConnect London -- Oracle and Oracle NetSuite today announced Oracle NetSuite Restaurant Operations. Powered by NetSuite's AI-powered business system, Restaurant Operations is designed to help restaurants increase operational efficiency and profitability by unifying and simplifying critical back-office functions. Restaurant Operations supports growth and innovation by unifying inventory, procurement, scheduling, production, and cash management data in a single AI-enhanced platform that deliv
An end to birthright citizenship would mean a new layer of bureaucracy for all babies born in the U.S., and could cause delays for health insurance and other benefits. (Image credit: Drew Angerer)
An end to birthright citizenship would mean a new layer of bureaucracy for all babies born in the U.S., and could cause delays for health insurance and other benefits. (Image credit: Drew Angerer)
FIFA is kicking off its last sales for World Cup tickets on Wednesday. From prices to why FOMO is working against you, here's what you need to know. (Image credit: Robert Cianflone)
FIFA is kicking off its last sales for World Cup tickets on Wednesday. From prices to why FOMO is working against you, here's what you need to know. (Image credit: Robert Cianflone)
Andrea Lucas, the Trump-appointed chair of the Equal Employment Opportunity Commission, has set a new agenda for an agency that long prioritized vulnerable and underserved workers. (Image credit: Elizabeth Gillis)
Andrea Lucas, the Trump-appointed chair of the Equal Employment Opportunity Commission, has set a new agenda for an agency that long prioritized vulnerable and underserved workers. (Image credit: Elizabeth Gillis)
With 35 candidates and about a third of Peruvians undecided or backing no one, a surprise contender could yet emerge in the final days ahead of the April 12 vote. Conservatives Rafael López Aliaga and Keiko Fujimori have been stuck in a technical tie each with about 10% to 12% of support for weeks now, primarily from voters in the capital of Lima, according to the latest polls . But ultimately, it...
With 35 candidates and about a third of Peruvians undecided or backing no one, a surprise contender could yet emerge in the final days ahead of the April 12 vote. Conservatives Rafael López Aliaga and Keiko Fujimori have been stuck in a technical tie each with about 10% to 12% of support for weeks now, primarily from voters in the capital of Lima, according to the latest polls . But ultimately, it will be regions outside the capital — where 70% of the country’s 34 million people lives — that will make the biggest difference in the election’s outcome. “There is a systematically anti-establishment, anti-Lima vote, especially in the poorest and most remote areas of the country,” said political analyst Gonzalo Banda. These regions “are going to largely decide the vote,” he added, noting that these are the hardest to poll and tend to have the highest share of undecided voters in a nation where elections are usually decided in the final weeks. That’s what happened in the last election in 2021, though there have been four presidents in between due to the nation’s unyielding political instability. Support for far-left candidate Pedro Castillo rose dramatically in the final stretch of the race, galvanized by voters in the Andes and southern Peru who were attracted to his promises to rewrite the constitution and redistribute wealth from mining, Peru’s primary export and main source of foreign investment. He had barely registered in polls just two weeks before the vote’s first round. He went on to win the runoff against three-time runner-up Fujimori, sweeping districts where key mines are located. In Chumbivilcas, near MMG Ltd. ’s huge Las Bambas copper mine , Castillo received over 95% support.To win outright, a candidate would need at least 50% of the total vote. Political projects challenging the establishment like Castillo’s have drawn support from voters in the southern and mining regions, showing a regional divide in Peruvian elections over the last two decades, said Ban...
Chancellor Merz Admits A "Considerable Proportion" Of Violence In Germany Comes "From Immigrant Groups" Via Remix News, The debate over violence in German society and schools has reached a boiling point in the Bundestag, pitting Chancellor Friedrich Merz and his supporters against critics who accuse him of racism, including a Left Party politician who published a photo of herself on Instagram givi...
Chancellor Merz Admits A "Considerable Proportion" Of Violence In Germany Comes "From Immigrant Groups" Via Remix News, The debate over violence in German society and schools has reached a boiling point in the Bundestag, pitting Chancellor Friedrich Merz and his supporters against critics who accuse him of racism, including a Left Party politician who published a photo of herself on Instagram giving him the middle finger. The controversy intensified following a session where Merz addressed the issue of digital and analog violence, particularly against women. “We have exploding violence in our society, both in the analog and digital space, and we must do something about it together,” said Merz. However, he said that one must then also talk about where this violence comes from, he said to applause from members of the CDU/CSU and the AfD. “And then we must also address the fact that a considerable proportion of this violence comes to the Federal Republic of Germany from immigrant groups,” he added. 🇩🇪🔴German Chancellor Friedrich Merz is under fire from the left for tying exploding violence with mass immigration. "We have an explosion of violence in our society...Then we also need to talk about where this violence comes from. And then we must also address the fact that a… pic.twitter.com/ZPDuI4eHnv — Remix News & Views (@RMXnews) March 27, 2026 These remarks drew sharp condemnation from the Social Democrats (SPD) and the Left Party. SPD parliamentary group leader Matthias Miersch argued that violence against women should be viewed broadly rather than being reduced to a single population group. Miersch stated, “I don’t think that was an adequate response from the chancellor.” He added that “violence against women has no origin or religion, it is a problem of society and must be addressed clearly. It is about protecting victims, regardless of who the perpetrator is.” Data on violence against women and foreigners However, statistics tell another story from what Miersch ass...
Sherritt International Corporation ( SHERF ) has announced a non-brokered private placement of common shares to raise up to $50M, by issuaonce of up to 238.10M common shares at a price of $0.21 each. Seymour Schulich, through a controlled corporation, will subscribe for approximately 68.6M common shares, contributing up to $14.41M to this total. This private placement is expected to close around A...
Sherritt International Corporation ( SHERF ) has announced a non-brokered private placement of common shares to raise up to $50M, by issuaonce of up to 238.10M common shares at a price of $0.21 each. Seymour Schulich, through a controlled corporation, will subscribe for approximately 68.6M common shares, contributing up to $14.41M to this total. This private placement is expected to close around April 7, 2026. The proceeds from the placement will be used for general corporate purposes and to support the company's operations and strategic initiatives. An existing shareholder, owning about 13.5% of the common shares, is also expected to participate, which qualifies as a "related party transaction" under Multilateral Instrument 61-101. Sherritt intends to use exemptions from certain requirements of MI 61-101 since the value involved does not surpass 25% of its market capitalization. This private placement will not change control of the Corporation. Additionally, Louise Blais has resigned from the board effective today to focus on her strategic advisory firm, Blais Global. More on Sherritt International Corporation Sherritt International Corporation (S:CA) Q4 2025 Earnings Call Prepared Remarks Transcript Sherritt International Corporation 2025 Q4 - Results - Earnings Call Presentation Sherritt Non-GAAP EPS of -C$0.03, revenue of C$55.5M; iniitates FY26 outlook Historical earnings data for Sherritt International Corporation Financial information for Sherritt International Corporation
MINISO Group Holding press release ( MNSO ): Q4 Non-GAAP EPADS of $0.40 Revenue of $894.3M (+29.0% Y/Y) beats by $7.29M . Revenue increased 32.7% year over year to RMB6,254.1 million (US$894.3 million), above the high end of the Company's previous guidance range of 25%-30%. MINISO Group delivered resilient performance with overall same-store GMV growth recording a mid-single-digit level. Gross pro...
MINISO Group Holding press release ( MNSO ): Q4 Non-GAAP EPADS of $0.40 Revenue of $894.3M (+29.0% Y/Y) beats by $7.29M . Revenue increased 32.7% year over year to RMB6,254.1 million (US$894.3 million), above the high end of the Company's previous guidance range of 25%-30%. MINISO Group delivered resilient performance with overall same-store GMV growth recording a mid-single-digit level. Gross profit increased 30.8% year over year to RMB2,901.1 million (US$414.9 million). Gross margin was 46.4%, compared to 47.0% in the same period last year. MINISO Brand Posted Its Highest Year-over-year Revenue Growth in 8 Quarters Chinese Mainland and the U.S. Market Delivered Exceptional Mid-Teens and Low-Twenties SSSG in December Quarter, Respectively TOP TOY Brand Saw Successive Triple-Digit Revenue Growth Net New Stores Exceeded 700 in 2025 Adjusted net profit increased 7.6% year over year to RMB852.7 million (US$121.9 million). Adjusted net margin was 13.6%, compared to 16.8% in the same period last year. Adjusted EBITDA margin was 22.7%, compared to 26.0% in the same period last year. Adjusted basic and diluted earnings per American Depositary Share (the "ADS") were both RMB2.80 (US$0.40) More on MINISO Group Holding Miniso: 20% Lower, But Not A Bargain MINISO Group Holding Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on MINISO Group Holding Historical earnings data for MINISO Group Holding Financial information for MINISO Group Holding