Workday (WDAY) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.94%. A quarter ago, it was expected that this maker of human resources software would post earnings of $2....
Workday (WDAY) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.94%. A quarter ago, it was expected that this maker of human resources software would post earnings of $2.3 per share when it actually produced earnings of $2.47, delivering a surprise of +7.39%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Workday, which belongs to the Zacks Internet - Software industry, posted revenues of $2.54 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 0.99%. This compares to year-ago revenues of $2.24 billion. 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. Workday shares have lost about 41.1% since the beginning of the year versus the S&P 500's gain of 8.6%. What's Next for Workday? While Workday has underperformed 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 estimate revisions. Ahead o...
AT&T sued California yesterday over the state's refusal to let the carrier stop providing phone service to all potential customers in its wireline network territory. AT&T is also asking the Federal Communications Commission to declare that California cannot enforce its rules and to let AT&T stop providing service to about 199,000 phone customers. "California requires AT&T to spend $1 billion each ...
AT&T sued California yesterday over the state's refusal to let the carrier stop providing phone service to all potential customers in its wireline network territory. AT&T is also asking the Federal Communications Commission to declare that California cannot enforce its rules and to let AT&T stop providing service to about 199,000 phone customers. "California requires AT&T to spend $1 billion each year to maintain a century-old telephone network that almost no one uses," AT&T said in a lawsuit filed in US District Court for the Southern District of California. "The copper wires that once served every home now serve just three percent of households in AT&T’s California territory, with consumers fleeing every day to modern broadband services that are more affordable, reliable, and energy-efficient." In June 2024, the California Public Utilities Commission (CPUC) rejected AT&T’s request to eliminate the Carrier of Last Resort (COLR) obligation that requires it to provide landline telephone service to any potential customer in its service territory. AT&T has said it's received relief from COLR obligations in 20 of the 21 states in its wireline service territory, all except California. Read full article Comments
Cursor’s annualized revenue hit $3 billion in late April, according to a person familiar with the matter, indicating growing demand for the company’s AI coding software ahead of an expected deal to be acquired by Elon Musk’s SpaceX. The artificial intelligence startup’s annualized revenue, which projects sales for a 12-month-period based on recent performance, topped $2 billion in February, Bloomb...
Cursor’s annualized revenue hit $3 billion in late April, according to a person familiar with the matter, indicating growing demand for the company’s AI coding software ahead of an expected deal to be acquired by Elon Musk’s SpaceX. The artificial intelligence startup’s annualized revenue, which projects sales for a 12-month-period based on recent performance, topped $2 billion in February, Bloomberg previously reported . Cursor now has more than 3,000 customers paying at least $100,000 each for its software on an annualized basis, said the person, who asked not to be named because the information is private. Cursor declined to comment. Cursor, which first launched its AI software in 2023, helps programmers write and debug code more efficiently. The business has become one of the fastest-growing startups of all time and a central player in tech’s so-called vibe coding era, as demand surges among software developers for tools that rely on chatbot prompts. This week, the startup released its latest AI coding model, Composer 2.5, which partially relied on one of SpaceX’s data centers for training. Musk’s firm announced an agreement in April giving it the right to buy Cursor for $60 billion or pay a $10 billion fee for the companies’ work together. Once completed, the deal would give the AI startup access to an immense amount of computing power and help beef up SpaceX’s AI coding capabilities. SpaceX didn’t immediately acquire Cursor then because of the rocket company’s imminent Wall Street debut, Bloomberg reported. SpaceX has the right to buy Cursor during a 30-day window that starts soon after it begins trading publicly, according to IPO paperwork filed on Wednesday, confirming a previous report by Bloomberg News. Cursor is set to receive $1.5 billion in cash as a breakup fee, along with $8.5 billion as a “deferred services fee” under the company’s compute agreement, the filing shows. SpaceX is expected to list its shares on June 12 , Bloomberg has reported. If the p...
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks That Are About to Explode. On May 15, Reuters reported that institutional investors increased their exposure to semiconductor and technology companies during the first quarter of 2026. According to a Reuters review of filings submitted to the US Securities and Exchange Commission by around 6,600 hedge funds, pension funds, college...
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks That Are About to Explode. On May 15, Reuters reported that institutional investors increased their exposure to semiconductor and technology companies during the first quarter of 2026. According to a Reuters review of filings submitted to the US Securities and Exchange Commission by around 6,600 hedge funds, pension funds, college funds, and other investors, it appears that many are positioning themselves to benefit from the strong rally that continued into the second quarter. Palantir (PLTR): One of the AI Stocks That Are About to Explode? Reuters noted that 143 investors started a position in Palantir Technologies Inc. (NASDAQ:PLTR). Among these investors was Mubadala Capital, the sovereign wealth fund of the UAE. According to its filing, Mubadala Capital acquired a new stake in the company worth about $9.9 million during the first quarter. Earlier, on May 6, Citi increased its price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $210 to $225 while keeping its Buy rating on the stock. The firm pointed out that the company delivered a strong first-quarter report. Citi added that growing demand for AI is helping accelerate the company’s business in the United States. Citi also increased its estimates for the company following the earnings results. Palantir Technologies Inc. (NASDAQ:PLTR) is an American software company that specializes in big data analytics and AI platforms. The company serves key government and commercial enterprises. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts and 10 Mid-Cap Stocks That A...
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks That Are About to Explode. On May 15, Reuters reported that institutional investors increased their exposure to semiconductor and technology companies during the first quarter of 2026. According to a Reuters review of filings submitted to the US Securities and Exchange Commission by around 6,600 hedge funds, pension funds, college...
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks That Are About to Explode. On May 15, Reuters reported that institutional investors increased their exposure to semiconductor and technology companies during the first quarter of 2026. According to a Reuters review of filings submitted to the US Securities and Exchange Commission by around 6,600 hedge funds, pension funds, college funds, and other investors, it appears that many are positioning themselves to benefit from the strong rally that continued into the second quarter. Palantir (PLTR): One of the AI Stocks That Are About to Explode? Reuters noted that 143 investors started a position in Palantir Technologies Inc. (NASDAQ:PLTR). Among these investors was Mubadala Capital, the sovereign wealth fund of the UAE. According to its filing, Mubadala Capital acquired a new stake in the company worth about $9.9 million during the first quarter. Earlier, on May 6, Citi increased its price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $210 to $225 while keeping its Buy rating on the stock. The firm pointed out that the company delivered a strong first-quarter report. Citi added that growing demand for AI is helping accelerate the company’s business in the United States. Citi also increased its estimates for the company following the earnings results. Palantir Technologies Inc. (NASDAQ:PLTR) is an American software company that specializes in big data analytics and AI platforms. The company serves key government and commercial enterprises. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts and 10 Mid-Cap Stocks That A...
Miller Value Partners reported a sale of 158,307 shares of Nabors Industries (NYSE:NBR) in its May 15, 2026, SEC filing, with the estimated transaction value at $11.49 million based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Miller Value Partners reduced its stake in Nabors Industries by 158,307 shares. The estimated transaction...
Miller Value Partners reported a sale of 158,307 shares of Nabors Industries (NYSE:NBR) in its May 15, 2026, SEC filing, with the estimated transaction value at $11.49 million based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Miller Value Partners reduced its stake in Nabors Industries by 158,307 shares. The estimated transaction value is $11.49 million based on the quarter’s average share price. The fund’s quarter-end position dropped by $5.52 million, which incorporates both the share sale and any movements in the stock price. Nabors Industries operates as a leading provider of drilling and drilling-related services, with a global fleet supporting both land and offshore energy projects. The company leverages advanced automation, proprietary software, and integrated equipment to drive operational efficiency for its clients. Its diversified technology offerings and international footprint position it as a key partner for major oil and gas producers seeking high-performance drilling solutions. Continue reading
Getty Images Weak FY2026 Is Behind Us Alibaba Group Holding Limited ( BABA , OTCPK:BABAF ) had a big whipsaw recently. The stock initially dropped 4% following a revenue miss in Q4 FY2026, then rebounded 8% on positive sentiment around the Trump-Xi meeting. However, the rally couldn't live up to the hype and gave up all gains last Friday. Indeed, Q4 earnings didn't show a major turnaround, but my ...
Getty Images Weak FY2026 Is Behind Us Alibaba Group Holding Limited ( BABA , OTCPK:BABAF ) had a big whipsaw recently. The stock initially dropped 4% following a revenue miss in Q4 FY2026, then rebounded 8% on positive sentiment around the Trump-Xi meeting. However, the rally couldn't live up to the hype and gave up all gains last Friday. Indeed, Q4 earnings didn't show a major turnaround, but my long-term investment thesis hasn't changed: the transition from traditional e-commerce to AI and quick commerce will significantly reaccelerate growth and raise valuation premium. The big challenge here is that BABA's traditional e-commerce still represents nearly half of its consolidated revenue. During this transition process, the legacy business has barely generated growth, while the high-growth Cloud and Quick commerce segments are still not large enough to offset the weakness and drive consolidated revenue. In the meantime, significant AI investment pressures margins and earnings. Some business segment disposals and accounting rule changes also added noise to year-over-year comparisons. That's why FY2026 financials look horrible. As mentioned in my last article , to unlock BABA's true value. We need to see revenue inflection, and spending needs to stabilize. Unfortunately, we saw a persistent YoY decline in non-GAAP net income in Q4. The number dropped to nearly zero. So, BABA's P/E FY2026 doesn't look like a bargain. So, where is the inflection point? We will likely see a growth rebound in FY2027, which was also implied by management during the Q4 earnings call. They said that Alibaba’s full-stack AI investments have progressed from incubation to commercialization at scale . Keep in mind, the revenue mix of high-growth segments is expected to increase further next H2 FY2027 as stocks typically rally several months before earnings bottom out. Now, investors need to monitor when spending starts to normalize, because that will also be a key catalyst for earnings inflecti...
Available for over a year Today, the chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays. Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn’t however announce any major package of ...
Available for over a year Today, the chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays. Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn’t however announce any major package of support aimed at energy costs. On Thursday it was also revealed that UK migration had dropped to 171,00 almost half of 2024’s figure. Adam, Chris, Joe Pike and Helen Miller from the Institute for Fiscal Studies discuss. You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscord Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480. New episodes are released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Jack Maclaren with Shiler Mahmoudi. The social producer was Jem Westgate. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham. Programme Website
Walmart (NASDAQ:WMT), a global retail and e-commerce operator, closed Thursday at $121.32, down 7.29%, after cautious profit guidance overshadowed solid quarterly growth. The stock moved lower after results showed revenue and EPS roughly in line with expectations, but highlighted margin pressure from higher fuel costs and strained consumer demand. Investors are watching how guidance and U.S. spend...
Walmart (NASDAQ:WMT), a global retail and e-commerce operator, closed Thursday at $121.32, down 7.29%, after cautious profit guidance overshadowed solid quarterly growth. The stock moved lower after results showed revenue and EPS roughly in line with expectations, but highlighted margin pressure from higher fuel costs and strained consumer demand. Investors are watching how guidance and U.S. spending trends evolve. Trading volume reached 52 million shares, about 160% above its three-month average of 20 million shares. Walmart IPO'd in 1972 and has grown 564,585% since going public. How the markets moved today The S&P 500 inched up 0.18% to 7,446, while the Nasdaq Composite added 0.09% to finish at 26,293. Within discount stores, industry peers Costco Wholesale closed at $1,050.06 (-2.23%), and Dollar General ended at $105.06 (+0.43%) as investors weighed differing consumer-spending signals. What this means for investors Walmart’s Q1 earnings weren’t as bad as the market’s reaction might make them seem. In fact, I think they were very promising, with: revenue and same-store sales up 7% and 4% e-commerce and advertising sales rising 26% and 37% membership fee revenue growing by 17% goods purchased through the Sparky AI shopping agent rising fourfold sequentially 1 million drone deliveries complete (40% in Q1) reasonable (but conservative) guidance for 4% sales growth and a 7% operating income increase in 2026 With Walmart’s EV/EBITDA ratio roughly doubling from 12 in 2024 to 25 today, I’d argue today’s sell-off is more about the company previously being priced for perfection than anything being wrong. Should you buy stock in Walmart right now? Before you buy stock in Walmart, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walmart wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on D...
Okta, Inc. (NASDAQ:OKTA) is one of the best underperforming tech stocks to buy for a turnaround. The stock’s weakness has been tied to broader pressure in software and questions about whether AI will compress demand for traditional enterprise applications. Barron’s reported on April 16 that Okta shares were down 17% in 2026 and 75% from their February 2021 peak, but Raymond James upgraded the stoc...
Okta, Inc. (NASDAQ:OKTA) is one of the best underperforming tech stocks to buy for a turnaround. The stock’s weakness has been tied to broader pressure in software and questions about whether AI will compress demand for traditional enterprise applications. Barron’s reported on April 16 that Okta shares were down 17% in 2026 and 75% from their February 2021 peak, but Raymond James upgraded the stock to Outperform with an $85 price target, arguing that AI agents could expand Okta’s identity-security opportunity rather than replace it. The freshest company-specific support came on May 14, when Okta expanded Okta for AI Agents to support new agent ecosystems, any identity provider, and access governance across enterprise resources. The update included an integration with Amazon Bedrock AgentCore, support for non-Okta identity providers, and tools for agent discovery, registry, resource controls, deactivation, and telemetry. For a turnaround story, that matters because Okta is trying to position identity as the security layer for human, machine, and AI-agent access. Why Okta (OKTA) Sees AI Agents as an Identity-Security Opportunity The analysts’ tone has also improved. MarketWatch reported on April 21 that Barclays upgraded Okta to Overweight, following Raymond James’ upgrade days earlier, citing rising demand for identity security in the agentic AI era. Okta, Inc. (NASDAQ:OKTA) provides workforce and customer identity solutions that help businesses and developers manage authentication, authorization, user security, and partner access. While we acknowledge the potential of OKTA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best St...
Hull KR and Wigan took drastically contrasting approaches to prepare for next weekend’s Challenge Cup final: and the result was a disastrous look for Super League and an exhibition of men against boys, with Rovers inflicting a heavy defeat on the Warriors. While the Robins decided to go practically full strength in anticipation of next Saturday’s Wembley finale between the two sides, Wigan coach M...
Hull KR and Wigan took drastically contrasting approaches to prepare for next weekend’s Challenge Cup final: and the result was a disastrous look for Super League and an exhibition of men against boys, with Rovers inflicting a heavy defeat on the Warriors. While the Robins decided to go practically full strength in anticipation of next Saturday’s Wembley finale between the two sides, Wigan coach Matt Peet opted to do the complete opposite. Wigan rested almost the entirety of the 17-man squad that will walk out in next weekend’s cup final, handing out eight debuts and fielding just three players over the age of 23. The outcome was one of Wigan’s biggest losses in the modern era and a result which, given how tight the upper echelons of Super League are as we approach halfway in the season, could yet be pivotal for where they finish inside the playoff places. But in terms of a warmup for Wembley, it is fair to assume we learned nothing. Willie Peters’ side did the job at hand. They ran in 11 tries and were 42-0 up by half-time to move to within two points of the leaders, St Helens. It will not grab the headlines on a night like this but the defending Super League champions are now motoring into gear after a shaky start. Mikey Lewis’ hat-trick inside the opening quarter set the tone, with a try for Tom Davies on top making it 22-0 in the blink of an eye. Jez Litten, Jai Whitbread and Rhyse Martin also scored with relative and understandable ease against a group of Wigan youngsters simply unable to live with the might of the champions. How you viewed this night perhaps depends on your allegiance. Wigan are entitled to pick whatever side they think with Wembley in mind if they see fit and the Warriors were adamant in the week there were some key players who were one disciplinary charge away from a ban that could have ruled them out of the final, as well as some others with injury doubts. But at a time when Super League’s TV contract is up for renewal and the outcome of it...
內地修復棲息地打通生態走廊 有野外大熊貓互相走訪 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地近年開展野外息地修復工作,重建生態走廊,以往分隔兩個山頭的野外大熊貓,現在可以互相「拜訪」,現身的次數也越來越多...
內地修復棲息地打通生態走廊 有野外大熊貓互相走訪 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】內地近年開展野外息地修復工作,重建生態走廊,以往分隔兩個山頭的野外大熊貓,現在可以互相「拜訪」,現身的次數也越來越多。 在四川大熊貓國家公園,兩隻成年大熊貓在雪地中一起玩耍。在陝西長青保護區,同一日內捕捉到兩隻大熊貓的活動蹤跡,還見到有大熊貓媽媽擔著大熊貓BB,在雪地中經過。有工作人員指,最近野生大熊貓的蹤影越來越多。大熊貓國家公園王朗片區巡護員趙奎:「以前三、四個月能拍到一個鏡頭就不錯了,現在更換存儲卡就像開盲盒,這段是媽帶娃爬樹,那一段是兩個大個子在嬉戲打鬧,不同山頭的糞便和足跡連成了線,說明牠們真的串起了門。」 內地近年在各地開展棲息地修復工作,四川打通了13條生態走廊,以往因人類活動被隔開的山林,現在再次連接起來。中科院生態環境研究中心研究員徐衞華:「通過退出礦山、小水電(站)恢復植被修建公路隧道,減少車流量在泥巴山、土地嶺等。大熊貓的關鍵區域,修建生態廊道來促進不同隔離種群之間的溝通與交流。」 四川目前修復了超過33萬畝棲息地,監測數據顯示,全國野生大熊貓數量穩步增長,有近1,900隻。
watch now VIDEO 1:49 01:49 How China's humanoid robot school is training a robotic workforce The Exchange Chinese technology consultant Kenneth Ren is training the workers of the future. The only thing is, they are not human. "We are essentially teaching robots to think on their own," Ren, an overseas solution expert with RealMan Intelligent Technology told CNBC recently at the Beijing-based Human...
watch now VIDEO 1:49 01:49 How China's humanoid robot school is training a robotic workforce The Exchange Chinese technology consultant Kenneth Ren is training the workers of the future. The only thing is, they are not human. "We are essentially teaching robots to think on their own," Ren, an overseas solution expert with RealMan Intelligent Technology told CNBC recently at the Beijing-based Humanoid Robot Data Training Center. Ren helps run what Chinese state media describe as a "humanoid robot school" as China looks to advance its robots beyond entertainment to employment. Humanoid robots are part of the Chinese Communist Party's broader industrial strategy. In the same way that Beijing targeted electric vehicles and artificial intelligence as key future technologies, policymakers have identified humanoid robots as an area China should focus on into 2030 to ensure the country dominates global markets and supply chains. "China's next-generation industrial policy represents a shift from targeted sectoral intervention to what can be described as an 'industrial policy of everything,'" the U.S. Chamber of Commerce and research firm Rhodium Group wrote in a May 11 research report. The Beijing center, which is backed by the city government and part of a network of similar centers across China, trains robots to get ready to work in a variety of scenarios. A worker trains a humanoid industrial robot at the humanoid robot data training center in Shougang Park on March 27, 2025 in Beijing, China. VCG | China News Service | Getty Images Fudi Luo is one of its hundred or so instructors. A former art teacher, Luo schools her cyborg students on how to sort items on a factory line. Using cameras, controllers and motion capture, she and her fellow instructors guide their AI-enabled pupils through tasks, repeating actions multiple times. "At first, the robot has no awareness, so I have to control it manually. But once my movement generates data, the robot learns and then can perfor...
Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) closed Thursday at $5.60, up 0.18%. The stock swung as traders reacted to Q1 2026 results showing surging revenue, improved margins, and a return to adjusted profitability. Ongoing net losses and updated delivery guidance have investors split on whether the company is at an inflection point. Trading volume reached 96.1 million shares, comin...
Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) closed Thursday at $5.60, up 0.18%. The stock swung as traders reacted to Q1 2026 results showing surging revenue, improved margins, and a return to adjusted profitability. Ongoing net losses and updated delivery guidance have investors split on whether the company is at an inflection point. Trading volume reached 96.1 million shares, coming in about 139% above its three-month average of 40.2 million shares. Nio IPO'd in 2018 and has fallen 16% since going public. S&P 500 (SNPINDEX:^GSPC) inched up 0.18% to 7,446, while the Nasdaq Composite (NASDAQINDEX:^IXIC) added 0.09% to finish at 26,293. Within auto manufacturers, industry peers Tesla (NASDAQ:TSLA) closed at $417.85 (up 0.14%) and Li Auto (NASDAQ:LI) finished at $16.20 (up 0.12%) as investors assessed EV demand and new models. Nio shares initially spiked after its Q1 report showed revenue more than doubled year over year, gross margin continued to rise, and management guided for much higher second-quarter EV deliveries. Continue reading
Jamie McCarthy/Getty Images Entertainment Deckers Outdoor ( DECK ) delivered a top- and bottom-line beat for its fiscal fourth quarter as sales of its two major brands exceeded expectations and powered a 9.8% increase in revenue. “Our focus on brand building, product innovation, and category leadership, along with marketplace execution, continues to drive full-price demand across an expanding glob...
Jamie McCarthy/Getty Images Entertainment Deckers Outdoor ( DECK ) delivered a top- and bottom-line beat for its fiscal fourth quarter as sales of its two major brands exceeded expectations and powered a 9.8% increase in revenue. “Our focus on brand building, product innovation, and category leadership, along with marketplace execution, continues to drive full-price demand across an expanding global audience, underscoring the long-term potential of our portfolio,” said the company’s CEO, Stefano Caroti. The company also set upbeat guidance for the year and increased its share repurchase agreement by another $3.5B, bringing the total outstanding authorization to ~$5B. Both HOKA and UGG outperformed, with HOKA sales up 14.5% to $671.2M and UGG up 9.2% to $408.6M versus estimates of $668.1M and $378.6M, respectively. This generated a 9.6% gain in total sales to $1.12B versus $1.08B estimates. Gross margin expanded by 90 basis points to 57.6%, 280 basis points better than expected. By channel, wholesale sales were up 7.1% and direct-to-consumer sales up 13.2%. Increased expenses, however, resulted in a 9.8% erosion in operating income to $156.7M, although still better than $136M estimates. Earnings were also less than a year ago, down 4 cents to $0.96 per share, but still beating estimates by $0.13. For the full year, Deckers Outdoors ( DECK ) expects to earn a profit of $7.30 to $7.45 per share on sales of $5.86B to $5.91B. This compares to estimates of $7.35 and $5.82B and includes a low-double-digit increase in HOKA sales and a mid-single-digit increase in UGG sales. FY27 gross margin is expected to decline by 120 basis points. Shares are higher in after-hours trading More on Deckers Outdoor Deckers: As Hoka Turns The Corner, So Can The Stock Deckers: Material Improvement Since Last Hold, But Q4 Could Be The Proving Ground Deckers Outdoor GAAP EPS of $0.96 beats by $0.13, revenue of $1.12B beats by $30M Deckers Brands attracts an upgrade from Piper Sandler ahead of e...
預設醫療指示法例7月31日起生效 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政府刊憲公布預設醫療指示的法例7月31日起生效。 條例容許成年病人有精神能力下,可以預先訂立醫療指示,病情轉差時拒絕維持生命治療,包...
預設醫療指示法例7月31日起生效 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政府刊憲公布預設醫療指示的法例7月31日起生效。 條例容許成年病人有精神能力下,可以預先訂立醫療指示,病情轉差時拒絕維持生命治療,包括心肺復蘇。對於未成年或無精神能力的病人,醫生跟病人家屬一致同意後,可簽發不作心肺復蘇術命令。條例亦保障醫護人員和施救者在不知情下急救,不會招致法律責任。
旺角有工人懷疑中暑被困大廈棚架 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】旺角一名工人懷疑中暑,被困大廈棚架,由消防協助返回安全地方。 工人獲救後清醒,初步治理後由救護車送廣華醫院。現場在豉油街一幢大廈,外牆...
旺角有工人懷疑中暑被困大廈棚架 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】旺角一名工人懷疑中暑,被困大廈棚架,由消防協助返回安全地方。 工人獲救後清醒,初步治理後由救護車送廣華醫院。現場在豉油街一幢大廈,外牆搭建棚架維修,上午11時許,事主在17樓外牆工作,懷疑中暑感到頭暈不適,消防到場爬出棚架協助他返回室內,再搭電梯下樓。
第四屆鏈博會6月22日至26日在北京舉辦 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】第四屆鏈博會將於下月22日至26日在北京舉辦,今屆主題是「鏈接世界,共創未來」,澳洲將擔任第四屆鏈博會主賓國,是其首次以官方...
第四屆鏈博會6月22日至26日在北京舉辦 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】第四屆鏈博會將於下月22日至26日在北京舉辦,今屆主題是「鏈接世界,共創未來」,澳洲將擔任第四屆鏈博會主賓國,是其首次以官方國家級身份正式參與鏈博會。 中國貿促會副會長李興乾:「本屆鏈博會設置『6鏈1展區』,分別是數智科技鏈、先進製造鏈、綠色農業鏈、健康生活鏈、智能汽車鏈、清潔能源鏈,和一個供應鏈服務展區。截至目前,已經有676家中外鏈主企業,專精特新企業和行業機構確認參展,來自85個國家、地區和國際組織,外資參展商的比例達到36.5%,世界500強及行業龍頭企業參展的佔比超過65%。連同參展商帶來的產供鏈上下游合作夥伴,實際參展商有望超過1,200家,截至目前,確定組團來華觀展洽談的境外團組已超過150個,預計團組數量和規格都會超過上屆。」
Abstract Aerial Art General Atomics Aeronautical Systems on Thursday said its YFQ-42A Collaborative Combat Aircraft has returned to flight testing for the U.S. Air Force following a temporary pause caused by an April mishap that destroyed one of the uncrewed aircraft. YFQ-42A returns to flight testing (General Atomics Aeronautical Systems) The company said testing resumed after joint reviews by th...
Abstract Aerial Art General Atomics Aeronautical Systems on Thursday said its YFQ-42A Collaborative Combat Aircraft has returned to flight testing for the U.S. Air Force following a temporary pause caused by an April mishap that destroyed one of the uncrewed aircraft. YFQ-42A returns to flight testing (General Atomics Aeronautical Systems) The company said testing resumed after joint reviews by the Air Force and General Atomics identified the cause of the crash and approved software modifications tied to the aircraft’s autopilot system. The YFQ-42A was lost shortly after takeoff on April 6, though no injuries were reported. According to the company, investigators traced the incident to an autopilot miscalculation involving the aircraft’s weight and center-of-gravity data. Flight operations were paused while safety reviews and software updates were completed, though other parts of the program, including ground testing and technology maturation work, continued during the review process. David Alexander, president of General Atomics Aeronautical Systems, said lessons from the incident were being incorporated into the company’s broader fleet of collaborative combat aircraft, or CCAs. The YFQ-42A is part of the Air Force’s effort to develop semi-autonomous combat drones designed to operate alongside piloted fighter aircraft. The program is intended to provide lower-cost uncrewed aircraft capable of carrying sensors, electronic warfare systems or weapons while supporting manned aircraft in contested environments. General Atomics was selected by the Air Force in April 2024 to build production-representative test aircraft for the program. The YFQ-42A completed its first flight in August 2025. For defense investors, the restart of flight testing removes at least some near-term uncertainty around one of the Pentagon’s highest-profile next-generation aviation programs. Collaborative combat aircraft are expected to play a central role in future Air Force operations as the milit...
NVIDIA will present at the following events for the financial community: TD Cowen 54th Annual Technology, Media, & Telecom Conference Thursday, May 28, at 7:15 a.m. PT BofA Global Technology Conference Thursday, June 4, at 8:40 a.m. PT
NVIDIA will present at the following events for the financial community: TD Cowen 54th Annual Technology, Media, & Telecom Conference Thursday, May 28, at 7:15 a.m. PT BofA Global Technology Conference Thursday, June 4, at 8:40 a.m. PT
Amazon.com NASDAQ: AMZN shareholders approved the company’s director nominees, ratified Ernst & Young as independent auditor for fiscal 2026 and backed the company’s executive compensation plan at the company’s annual meeting, according to preliminary voting results announced during the meeting. Susan Xiong, Amazon’s vice president, associate general counsel and corporate secretary, said each dire...
Amazon.com NASDAQ: AMZN shareholders approved the company’s director nominees, ratified Ernst & Young as independent auditor for fiscal 2026 and backed the company’s executive compensation plan at the company’s annual meeting, according to preliminary voting results announced during the meeting. Susan Xiong, Amazon’s vice president, associate general counsel and corporate secretary, said each director nominee received a majority of votes cast. She also said none of the shareholder proposals received the required vote for approval. Get Amazon.com alerts: Sign Up Shareholder Proposals Rejected Shareholders considered several proposals during the formal portion of the meeting, including requests for additional reporting on charitable partnerships, data centers and climate commitments, and the adoption of an independent board chair policy. Stefan Padfield, a principal at the Free Enterprise Initiative, part of The Heritage Foundation, presented a proposal requesting a report on risks related to Amazon’s use of diagnostic tools created by corporate partners, particularly the Southern Poverty Law Center. Padfield criticized the board’s opposition statement and said The Heritage Foundation remained committed to engagement with Amazon. Kelly Poole presented a proposal requesting additional reporting on how Amazon plans to meet climate commitments while expanding data centers to support artificial intelligence. Poole said Amazon’s data center growth could increase pressure on power grids and fossil fuel use, and cited a nearly 40% rise in emissions from electricity between 2022 and 2024. Paul Chesser of the National Legal and Policy Center introduced a proposal seeking a report on the impact and cost of Amazon’s climate commitments. Chesser pointed to rising capital expenditures tied to AI and data center infrastructure and said shareholders should receive more information about the cost of The Climate Pledge. Brandon Rees, speaking on behalf of the AFL-CIO Reserve Fund, urg...
I think NVIDIA (NVDA) is a good buy today. The company posted solid beats on the top and bottom line and maintained strong profit margins. Their forecast for growth exceeded estimates. They raised their dividend and announced an $80 billion share buyback program. As we've seen in the ...
I think NVIDIA (NVDA) is a good buy today. The company posted solid beats on the top and bottom line and maintained strong profit margins. Their forecast for growth exceeded estimates. They raised their dividend and announced an $80 billion share buyback program. As we've seen in the ...
July WTI crude oil (CLN26) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26) closed down -0.1073 (-3.17%). Crude oil and gasoline prices erased an early rally on Thursday and settled sharply lower, with gasoline falling to a 2-week low. Crude prices tumbled on hopes that the US and Iran are closing in on a peace deal that could lead to a resumption of crude supplies through th...
July WTI crude oil (CLN26) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26) closed down -0.1073 (-3.17%). Crude oil and gasoline prices erased an early rally on Thursday and settled sharply lower, with gasoline falling to a 2-week low. Crude prices tumbled on hopes that the US and Iran are closing in on a peace deal that could lead to a resumption of crude supplies through the Strait of Hormuz. Thursday's rally in the dollar index ($DXY) to a 6-week high was also negative for crude prices. Crude prices retreated on Thursday after Iran said the latest US proposal has "narrowed the gaps" between the two sides. That proposal suggested a short-term deal that would see Iran open the Strait of Hormuz and the US lift a blockade of Iranian ports, with both sides then going into deeper negotiations over Iran's nuclear program. Don’t Miss a Day: Crude prices initially rallied sharply on Thursday after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in Iran, as sending the material abroad would leave the country more vulnerable to future attacks by the US and Israel. The report tempered optimism that the US and Iran were moving closer to a deal to end the war. Ramped-up geopolitical tensions are supportive for crude prices after Reuters reported Monday that Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to Saudi Arabia as part of a mutual defense pact, a deployment described as a "substantial, combat-capable force" to support Saudi Arabia if it comes under further attack. On Sunday, the UAE reported that a drone sparked a fire in a power station at the United Arab Emirates' Barakah nuclear plant, and Saudi Arabia said it intercepted and destroyed three drones that entered its airspace. Last Wednesday, the International Energy Agency (IEA) said in a monthly report that global observed oil inventories declined at about 4 million bpd in March and April, and that the market will remain "se...
August Nymex natural gas (NGQ25) on Friday closed up +0.023 (+0.65%). Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country, which could boost nat-gas demand from electricity providers to meet increased air co...
August Nymex natural gas (NGQ25) on Friday closed up +0.023 (+0.65%). Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country, which could boost nat-gas demand from electricity providers to meet increased air conditioning usage. Also, forecaster Atmospheric G2 said Friday that forecasts shifted hotter over the south-central and southwestern US for July 28-August 1. Don’t Miss a Day: However, gains in nat-gas prices were limited due to abundant US nat-gas supplies and the outlook for higher US nat-gas production. As of July 11, nat-gas inventories were +6.2% above their 5-year seasonal average. Also, a weekly report from Baker Hughes showed the number of active US nat-gas drilling rigs rose to a 17-month high on Friday, which portends to higher nat-gas production in the near term. Lower-48 state dry gas production on Friday was 108.3 bcf/day (+5.3% y/y), according to BNEF. Lower-48 state gas demand on Friday was 78 bcf/day (-0.3% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Friday were 15.5 bcf/day (-1.2% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 12 rose +1.1% y/y to 98,133 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 12 rose +2.4% y/y to 4,248,982 GWh. Thursday’s weekly EIA report was slightly bearish for nat-gas prices since nat-gas inventories for the week ended July 11 rose +46 bcf, above the consensus of +45 bcf and the 5-year average of +41 bcf for the week. As of July 11, nat-gas inventories were down -4.9% y/y, but were +6.2% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 15, gas...
Image source: The Motley Fool. Tuesday, March 31, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Rhoniel Daguro Chief Financial Officer — Ed Sellitto General Counsel — Graham Arad Takeaways Total Revenue -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. -- $0.4 million for the quarter, representing 2x growth compa...
Image source: The Motley Fool. Tuesday, March 31, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Rhoniel Daguro Chief Financial Officer — Ed Sellitto General Counsel — Graham Arad Takeaways Total Revenue -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. Full-Year Revenue -- $2.0 million, up 129% from $0.9 million in the prior year, driven by new enterprise customers going live. -- $2.0 million, up 129% from $0.9 million in the prior year, driven by new enterprise customers going live. GAAP Operating Expenses -- $4.5 million for the quarter, down from $4.9 million in the prior-year quarter; full year expenses were $20.2 million, up from $15.6 million, due to expanded sales, R&D investment, sales shares issued, and a $0.8 million credit loss expense. -- $4.5 million for the quarter, down from $4.9 million in the prior-year quarter; full year expenses were $20.2 million, up from $15.6 million, due to expanded sales, R&D investment, sales shares issued, and a $0.8 million credit loss expense. Net Loss -- $4.0 million for the quarter ($1.1 million noncash), compared to $4.6 million prior-year ($0.6 million noncash); full-year net loss was $17.9 million ($3.8 million noncash), compared to $14.3 million ($2.8 million noncash). -- $4.0 million for the quarter ($1.1 million noncash), compared to $4.6 million prior-year ($0.6 million noncash); full-year net loss was $17.9 million ($3.8 million noncash), compared to $14.3 million ($2.8 million noncash). Net Loss per Share -- $0.28 quarterly, improved from $0.42 prior-year; full-year net loss per share was $1.38 versus $1.40. -- $0.28 quarterly, improved from $0.42 prior-year; full-year net loss per share was $1.38 versus $1.40. Remaining Performance Obligation (RPO) -- $2.2 million at year end, down $1.4 million sequentially ...
Earnings Call Insights: Borr Drilling Limited (BORR) Q1 2026 Management View "Operationally, we delivered technical utilization of 99.4% and economic utilization of 97% in the first quarter. Revenue for the period was $247 million and adjusted EBITDA of $88.5 million, primarily impacted by the delayed start-up of the Odin [and] $8.4 million credit loss provision." (CEO Bruno Morand) "We also annou...
Earnings Call Insights: Borr Drilling Limited (BORR) Q1 2026 Management View "Operationally, we delivered technical utilization of 99.4% and economic utilization of 97% in the first quarter. Revenue for the period was $247 million and adjusted EBITDA of $88.5 million, primarily impacted by the delayed start-up of the Odin [and] $8.4 million credit loss provision." (CEO Bruno Morand) "We also announced the acquisition of 5 premium jack-up rigs on Paratus for $287 million through a new 50-50 joint venture with our long-standing Mexican well construction partners. This transaction will expand our fleet from 29 to 34 rigs and further strengthen our position in the Mexican market." (CEO Morand) "In April, we successfully completed an upsized $300 million convertible senior notes offering due in 2033, using the proceeds to repurchase a significant portion of our 2028 convertible bonds. This transaction meaningfully extends our maturity profile and strengthen our capital structure." (CEO Morand) "Overall, for the quarter, we had a net loss of $29 million and adjusted EBITDA of $88.5 million, down $16.7 million quarter-on-quarter." (CFO Magnus Vaaler) Outlook "Looking ahead, we expect second quarter results to continue to be affected by the delayed startup of the Odin now anticipated to commence in late June as well as rigs transition." (CEO Morand) "Since our last earnings report, we've secured 8 contract commitments, representing more than 1,100 days of firm work. Full year 2026 coverage has increased to 71% at an average day rate of approximately $137,000, while second half 2026 coverage now stands at 65% as compared to 48% in the prior earnings report." (CEO Morand) "Due to our customers' planning and budgeting cycles, we expect that improved activities and dayrates will lag the oil price increase by 6 to 12 months." (CEO Morand) Financial Results "Total operating revenues for Q1 were $247 million, a decrease of $12.4 million or 4.8% compared to Q4." (CFO Magnus Vaaler)...