Whether AI is really triggering mass layoffs or companies are just using it as an excuse to cut costs, the fact is that workforce reductions are in the spotlight. The tech sector has been particularly vulnerable, like the 30,000 job eliminations at Oracle ( ORCL ) to the sweeping layoffs announced at Meta ( META ). Block ( XYZ ) also recently slashed 40% of the positions at the company, as well as...
Whether AI is really triggering mass layoffs or companies are just using it as an excuse to cut costs, the fact is that workforce reductions are in the spotlight. The tech sector has been particularly vulnerable, like the 30,000 job eliminations at Oracle ( ORCL ) to the sweeping layoffs announced at Meta ( META ). Block ( XYZ ) also recently slashed 40% of the positions at the company, as well as the notable pink slips hitting PayPal ( PYPL ), Coinbase ( COIN ) and yesterday's announcement by Cloudflare ( NET ) that axed about 20% of its workforce . Is it really that bad? While the figures are steep, the broader economy is more nuanced than the headlines. Many of these companies are "right-sizing" after years of post-pandemic over-hiring, while reallocating their capital away from middle management and legacy roles to fund the multi-billion dollar race towards the AI revolution. While the hefty percentages and numbers are creating the feel of a "white-collar recession," significant hiring is happening in other industries like healthcare, manufacturing, and infrastructure. The Great AI Displacement? Best and worst industries for job growth Case in point: Employers have disclosed a total of 300,749 job cuts year-to-date, which is down 50% from the same period in 2025, according to the latest Challenger Report . Part of that was due to the massive job cuts stemming from DOGE announced at the beginning of last year, but private-sector layoffs were also 10% lower in the first four months of 2026. In fact, U.S. private sector employment rose by 109K in April , vs. +85K consensus and +61K in March, according to data released this week by the ADP. Next up: The jobs report for April will be released this morning at 8:30 AM ET, with eyes on the number of non-farm payrolls, the unemployment rate, and average hourly earnings growth. As for the impact of AI on hiring, like any dramatic advance in technology, some jobs will be created and some will be eliminated , noted Yelena S...
Alpha Metallurgical press release ( AMR ): Q1 GAAP EPS of -$0.86 in-line. Revenue of $524.99M (-1.3% Y/Y) misses by $14.56M . Total Adjusted EBITDA was $30 million for the first quarter, compared to $28.5 million in the fourth quarter 2025. Cash provided by operating activities in the first quarter increased to $29.0 million as compared to $19.0 million in the fourth quarter 2025. Capital expendit...
Alpha Metallurgical press release ( AMR ): Q1 GAAP EPS of -$0.86 in-line. Revenue of $524.99M (-1.3% Y/Y) misses by $14.56M . Total Adjusted EBITDA was $30 million for the first quarter, compared to $28.5 million in the fourth quarter 2025. Cash provided by operating activities in the first quarter increased to $29.0 million as compared to $19.0 million in the fourth quarter 2025. Capital expenditures for the first quarter were $40.7 million compared to $29.0 million for the fourth quarter 2025. 2026 Operational Performance Update As of April 29, 2026, Alpha has committed and priced approximately 48% of its metallurgical coal for 2026 at an average price of $132.37 per ton. At the midpoint of guidance, Alpha's thermal coal is fully committed for the year at an average price of $74.53 per ton. 2026 Guidance in millions of tons Low High Metallurgical 14.4 15.4 Thermal 0.7 1.1 Met segment - total shipments 15.1 16.5 Committed/Priced 1,2,3 Committed Volume(in millions oftons) Average Price Metallurgical - domestic 4.1 $136.38 Metallurgical - export 3.1 $127.02 Metallurgical total 48 % 7.2 $132.37 Thermal 100 % 1.2 $74.53 Met segment 53 % 8.4 $124.37 Committed/Unpriced 1,3 Committed Metallurgical total 43 % Thermal — % Met segment 40 % Costs per ton 4 Low High Met segment $95.00 $101.00 In millions (except taxes) Low High SG&A 5 $53 $59 Idle operations expense $24 $32 Net cash interest income $2 $6 DD&A $160 $174 Capital expenditures $148 $168 Capital contributions to equity affiliates 6 $35 $45 Cash tax rate 0 % 5 % Click to enlarge More on Alpha Metallurgical Alpha Metallurgical Resources: Cyclical Opportunity, India-Linked Demand Tailwinds Alpha Metallurgical Resources: The Weak Link In The Steel Chain Alpha Metallurgical Resources, Inc. (AMR) Q4 2025 Earnings Call Transcript Alpha Metallurgical Q1 2026 Earnings Preview Alpha expects to report Q1 loss of $11M
Telephone and Data Systems press release ( TDS ): Q1 Non-GAAP EPS of $1.11. Revenue of $309.4M (+965.4% Y/Y) misses by $3.88M . On January 13, 2026, Array closed on the sale of certain 3.45 GHz and 700 MHz wireless spectrum licenses for $1,018.0 million and TDS recorded a book gain of $150.9 million ($114.7 million net of tax expense) during the first quarter of 2026. More on Telephone and Data Sy...
Telephone and Data Systems press release ( TDS ): Q1 Non-GAAP EPS of $1.11. Revenue of $309.4M (+965.4% Y/Y) misses by $3.88M . On January 13, 2026, Array closed on the sale of certain 3.45 GHz and 700 MHz wireless spectrum licenses for $1,018.0 million and TDS recorded a book gain of $150.9 million ($114.7 million net of tax expense) during the first quarter of 2026. More on Telephone and Data Systems Telephone And Data Systems: The Next Act Telephone and Data Systems Q1 Earnings Preview Verizon shares rise as Q1 beat cements its place among top-rated telecoms Seeking Alpha’s Quant Rating on Telephone and Data Systems Historical earnings data for Telephone and Data Systems
Zero Latency has introduced Zerogrid, a closed beta distributed AI inference grid designed to enhance the routing of AI workloads by optimizing edge computing capacity. This new infrastructure aims to address the unique challenges of AI inference, such as latency and regulatory requirements, by efficiently dispatching workloads to meet specific operational constraints. Zerogrid is inspired by dist...
Zero Latency has introduced Zerogrid, a closed beta distributed AI inference grid designed to enhance the routing of AI workloads by optimizing edge computing capacity. This new infrastructure aims to address the unique challenges of AI inference, such as latency and regulatory requirements, by efficiently dispatching workloads to meet specific operational constraints. Zerogrid is inspired by distributed virtual power plants and leverages a similar architectural approach to manage compute...
Plains All American Pipeline press release ( PAA ): Q1 Non-GAAP EPS of $0.39 misses by $0.03 . Revenue of $12.47B (+8.6% Y/Y) beats by $450M . Delivered first-quarter Adjusted EBITDA attributable to PAA of $730 million. Pro forma leverage ratio of 4.1x at quarter-end; expect to return toward the midpoint of the target range of 3.25 to 3.75x following closing of the NGL divestiture and migrating to...
Plains All American Pipeline press release ( PAA ): Q1 Non-GAAP EPS of $0.39 misses by $0.03 . Revenue of $12.47B (+8.6% Y/Y) beats by $450M . Delivered first-quarter Adjusted EBITDA attributable to PAA of $730 million. Pro forma leverage ratio of 4.1x at quarter-end; expect to return toward the midpoint of the target range of 3.25 to 3.75x following closing of the NGL divestiture and migrating toward lower-end of the range by year-end. Paid a quarterly cash distribution of $0.4175 per unit ($1.67 per unit annualized), representing a current distribution yield of ~7.5%. 2026 Updated Outlook Increasing midpoint of full-year 2026 Adjusted EBITDA guidance attributable to PAA by $130 million to $2.880 billion +/- $75 million (reflecting a strong oil macro environment and NGL contribution into May 2026) Growth capital remains $350 million with maintenance capital increasing to $185 million, reflecting ownership of NGL assets into May 2026 Full-year 2026 Adjusted Free Cash Flow guidance increased to approximately $1.850 billion (excluding changes in Assets & Liabilities and anticipated cash proceeds from the NGL divestiture) More on Plains All American Pipeline Plains All American: Why I'm Downgrading This 8% Yield Despite The Oil Price Spike Plains All American: The Days Of Value Creation Are Here Plains All American: Backwardation Might Ruin The Party Plains All American Pipeline Q1 2026 Earnings Preview Keyera falls after Canadian antitrust agency challenges deal for Plains unit
Burford Capital ( BUR ) appointed Travis Lenkner as COO, expanding his responsibilities after serving as the firm’s Chief Development Officer. Lenkner, who will remain based in London, will oversee execution and operating performance across Burford’s business units while continuing to lead global business development. More on Burford Capital Burford Capital: We'll Have To See How Bad This Gets Bur...
Burford Capital ( BUR ) appointed Travis Lenkner as COO, expanding his responsibilities after serving as the firm’s Chief Development Officer. Lenkner, who will remain based in London, will oversee execution and operating performance across Burford’s business units while continuing to lead global business development. More on Burford Capital Burford Capital: We'll Have To See How Bad This Gets Burford Capital Limited 2025 Q4 - Results - Earnings Call Presentation Burford Capital Limited (BUR) Q4 2025 Earnings Call Transcript Burford Capital Q1 2026 Earnings Preview YPF investors to pursue international treaty arbitration in $16B judgment
Zoë Garbett says ousting of Labour mayor in east London borough after 24 years is just the beginning for party Election 2026 live: latest news updates Full results from England, Scotland and Wales The Green party has unseated Labour from mayoral power in the east London borough of Hackney after 24 years. The new mayor, Zoë Garbett, told reporters she was “elated” and promised that Hackney was just...
Zoë Garbett says ousting of Labour mayor in east London borough after 24 years is just the beginning for party Election 2026 live: latest news updates Full results from England, Scotland and Wales The Green party has unseated Labour from mayoral power in the east London borough of Hackney after 24 years. The new mayor, Zoë Garbett, told reporters she was “elated” and promised that Hackney was just the beginning for the party after it won with 35,720 votes to Labour’s 26,865. Continue reading...
jetcityimage Wendy's ( WEN ) traded higher after reporting first-quarter results. Revenue was up 3.3% year over year to $540.6M to top the consensus estimate by more than $22M. Systemwide sales growth was down 5.5%, driven lower by a 7.3% decline for the U.S. business. Wendy's ( WEN ) said a decrease in U.S. company-operated restaurant margin to 11.4% from 14.8% a year ago was primarily due to a d...
jetcityimage Wendy's ( WEN ) traded higher after reporting first-quarter results. Revenue was up 3.3% year over year to $540.6M to top the consensus estimate by more than $22M. Systemwide sales growth was down 5.5%, driven lower by a 7.3% decline for the U.S. business. Wendy's ( WEN ) said a decrease in U.S. company-operated restaurant margin to 11.4% from 14.8% a year ago was primarily due to a decline in traffic, commodity inflation, and labor rate inflation. Those factors were partially offset by an increase in average check and labor efficiencies. Adjusted EBITDA was down 10.6% year over year to $111.3M. Adjusted EPS was reported at $0.12 vs. $0.19 a year ago. The restaurant operator ended the quarter with 5,805 restaurants vs. 5,958 at the end of Q1 a year ago. "We are taking decisive action to strengthen the Wendy's system and improve performance," updated interim CEO Ken Cook. "During the first quarter, we introduced a new Biggie platform, upgraded our premium hamburgers, and launched new chicken sandwiches. Additionally, our focus on operational excellence is driving improvement in order accuracy and key customer satisfaction metrics. While our first quarter results reflect a business in the early stages of a turnaround, we are making progress to improve our U.S. business and are confident in the direction we are heading," he added. Looking ahead, Wendy's ( WEN ) sees flat full-year systemwide sales, full-year adjusted EPS of $0.56 to $0.60 (midpoint $0.58) vs. $0.57 consensus, and adjusted EBITDA of $460M to $480M (midpoint $470M) vs. $467.3M consensus. Shares of Wendy's ( WEN ) were up 5.5% in premarket trading on the better-than-feared results but are still swapping hands at the low end of their 52-week range. More on Wendy's Wendy's: Why The Turnaround Story Still Doesn't Add Up Wendy's Embraces Value Menu, Now Let's See If It'll Stay Focused On Turnaround Wendy's: The Market Hates The Reset - I'm Buying It Wendy's Non-GAAP EPS of $0.10 in-line, revenue ...
Over the last 7 days, the United States market has risen by 3.2%, contributing to a remarkable 31% increase over the past year, with earnings projected to grow by 16% annually. In such a robust environment, growth companies with high insider ownership often stand out as they can benefit from strong internal alignment and commitment to long-term success.
Over the last 7 days, the United States market has risen by 3.2%, contributing to a remarkable 31% increase over the past year, with earnings projected to grow by 16% annually. In such a robust environment, growth companies with high insider ownership often stand out as they can benefit from strong internal alignment and commitment to long-term success.