Gold steadied after a two-day decline, as traders weighed a stronger US dollar and high oil prices nearly two weeks into the war in the Middle East. Bullion was near $5,080 an ounce in early trading, having fallen more than 2% in the previous two sessions. US President Donald Trump and Iran’s new supreme leader, Mojtaba Khamenei, struck defiant tones on the 13th day of a conflict that has effectiv...
Gold steadied after a two-day decline, as traders weighed a stronger US dollar and high oil prices nearly two weeks into the war in the Middle East. Bullion was near $5,080 an ounce in early trading, having fallen more than 2% in the previous two sessions. US President Donald Trump and Iran’s new supreme leader, Mojtaba Khamenei, struck defiant tones on the 13th day of a conflict that has effectively blocked shipping through the Strait of Hormuz and created the oil market’s biggest-ever disruption. Crude extended gains from its highest close since August 2022, while a gauge of the dollar rose 0.5% on Thursday. Read More: US, Iran Strike Defiant Tones as Oil Markets See Slim Relief For gold, higher energy prices and rising inflationary concerns have greatly reduced expectations that the Federal Reserve and other central banks will cut interest rates. Dwindling hopes of a reduction were further hit by the latest US jobless report , which showed new claims remained subdued. US Treasuries slumped on Thursday, sending short-term yields to their highest since August, and traders now see virtually no chance of a rate cut at next week’s Fed meeting and only a 70% chance of a cut this year. Higher borrowing costs are typically a negative for precious metals, which don’t pay interest. Spot gold edged up 0.1% to $5,081.53 an ounce as of 6:10 a.m. in Singapore. Silver slipped 0.3% to $83.61. Platinum rose, while palladium fell.
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +31.07%. A quarter ago, it was expected that this company would post earnings of $0.59 p...
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +31.07%. A quarter ago, it was expected that this company would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of +5.08%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Wheaton Precious Metals, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $864.71 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 31.14%. This compares to year-ago revenues of $380.52 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Wheaton Precious Metals shares have added about 26.5% since the beginning of the year versus the S&P 500's decline of 1%. What's Next for Wheaton Precious Metals? While Wheaton Precious Metals has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive trac...
Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.38 pe...
Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.43, delivering a surprise of +13.16%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Runway Growth Finance Corp., which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $30.04 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 6.69%. This compares to year-ago revenues of $33.78 million. The company has topped consensus revenue estimates three 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. Runway Growth Finance Corp. shares have lost about 17.9% since the beginning of the year versus the S&P 500's decline of 1%. What's Next for Runway Growth Finance Corp.? While Runway Growth Finance Corp. 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, w...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS President and CEO — Sanjiv Razdan Chief Financial Officer — Scott Bowman TAKEAWAYS Revenue -- $15.2 million for the quarter, representing an increase of 3% driven by higher national advertising funding. -- $15.2 million for the quarter, representing an increase of 3% driven by higher national advertising funding...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS President and CEO — Sanjiv Razdan Chief Financial Officer — Scott Bowman TAKEAWAYS Revenue -- $15.2 million for the quarter, representing an increase of 3% driven by higher national advertising funding. -- $15.2 million for the quarter, representing an increase of 3% driven by higher national advertising funding. System-wide Sales -- $140 million for the quarter, declining 3.9%, and $532 million for the full year, flat compared to 2024. -- $140 million for the quarter, declining 3.9%, and $532 million for the full year, flat compared to 2024. Comp Sales -- Decreased 3.8% for the quarter and 0.4% for the year. -- Decreased 3.8% for the quarter and 0.4% for the year. Adjusted EBITDA -- $3.6 million for the quarter, up 7.8%; $13 million full year, rising 13.9% compared to 2024. -- $3.6 million for the quarter, up 7.8%; $13 million full year, rising 13.9% compared to 2024. Net Income -- $1 million for the quarter; $2.9 million for the year, reversing a $5.8 million loss in 2024. -- $1 million for the quarter; $2.9 million for the year, reversing a $5.8 million loss in 2024. Refranchising Progress -- Reduced company-owned clinics from 135 to 48, with 27 clinics under sale agreements or letters of intent; nearly all remaining clinics are in California. -- Reduced company-owned clinics from 135 to 48, with 27 clinics under sale agreements or letters of intent; nearly all remaining clinics are in California. Clinic Network -- Total clinic count at year-end was 960, composed of 885 franchise clinics and 75 company-owned clinics, after opening 29, refranchising 41, and closing 36 locations. -- Total clinic count at year-end was 960, composed of 885 franchise clinics and 75 company-owned clinics, after opening 29, refranchising 41, and closing 36 locations. Marketing Investment -- Shifted to national advertising and enhanced SEO, with sequential monthly improvement in new patient acquisition...
Within hours of the US and Israel launching airstrikes on Iran two weeks ago, security professionals warned organizations around the world to be on heightened watch for destructive retaliatory hacks. On Wednesday, the predictions appeared to come true as Stryker, a multinational maker of medical devices, confirmed a cyberattack that took down much of its infrastructure, and a hacking group long kn...
Within hours of the US and Israel launching airstrikes on Iran two weeks ago, security professionals warned organizations around the world to be on heightened watch for destructive retaliatory hacks. On Wednesday, the predictions appeared to come true as Stryker, a multinational maker of medical devices, confirmed a cyberattack that took down much of its infrastructure, and a hacking group long known to be aligned with the Iranian government claimed responsibility. Where things stand When and how did the attack come about? The first indications were social media posts and a report from a news organization in Ireland. Messages posted by purported Stryker employees or their family members on social media said workers’ phones and computers had been wiped. A report the Irish Examiner published Wednesday morning, citing multiple anonymous sources, made the same claims and said some employees witnessed login pages on wiped devices displaying the logo of Handala Hack, a group that researchers who have followed it for years say is aligned with the Iranian government. What is the status now? Stryker said Thursday that it’s in the midst of responding to a “global network disruption to our Microsoft environment as a result of a cyber attack.” The update went on to say responders have no indication that ransomware or malware—the usual causes for such outages—were involved. The responders believe the incident is now contained and limited to the internal Microsoft environment. Read full article Comments
For years, iPhone users have had to watch iPad owners do something their phones simply could not: run two apps at the same time. That changes this fall. Apple's first foldable iPhone, set to debut in September 2026, will ship with a reimagined version of iOS that lets users open two apps side by ...
For years, iPhone users have had to watch iPad owners do something their phones simply could not: run two apps at the same time. That changes this fall. Apple's first foldable iPhone, set to debut in September 2026, will ship with a reimagined version of iOS that lets users open two apps side by ...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Cris Keirn Chief Financial Officer — Mark Weinswig Investor Relations — Jacques Cornet Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $118 million for Q4, declining 19% year over year due to softness in the gaming accessories markets. -- $118 milli...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Cris Keirn Chief Financial Officer — Mark Weinswig Investor Relations — Jacques Cornet Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $118 million for Q4, declining 19% year over year due to softness in the gaming accessories markets. -- $118 million for Q4, declining 19% year over year due to softness in the gaming accessories markets. Gross margin -- 40.1% in Q4, up over 310 basis points year over year, reaching the highest quarterly level since 2018. -- 40.1% in Q4, up over 310 basis points year over year, reaching the highest quarterly level since 2018. Net income -- $17.6 million for the quarter, compared to $20.1 million in the same period of the prior year. -- $17.6 million for the quarter, compared to $20.1 million in the same period of the prior year. Adjusted EBITDA -- $28.1 million for Q4, representing a 21% decrease year over year; adjusted EBITDA margin was 24%. -- $28.1 million for Q4, representing a 21% decrease year over year; adjusted EBITDA margin was 24%. Operating expenses -- $26.7 million for Q4, equal to 22% of revenue, reflecting ongoing expense discipline. -- $26.7 million for Q4, equal to 22% of revenue, reflecting ongoing expense discipline. Full-year revenue -- $319.9 million, down 14% year over year, falling below previously issued guidance due to market headwinds. -- $319.9 million, down 14% year over year, falling below previously issued guidance due to market headwinds. Full-year gross margin -- 37.3%, increasing by 270 basis points year over year and marking the best annual performance since 2018. -- 37.3%, increasing by 270 basis points year over year and marking the best annual performance since 2018. Cost optimization -- Management cited "comprehensive cost optimization initiatives" as the driver for gross margin expansion and noted targeted savings preserved profitability. -- Manag...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — David R. Spreng Chief Investment Officer, Runway Growth Capital LLC — Greg Greifeld Chief Financial Officer and Chief Operating Officer — Thomas B. Raterman Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Investment Income -- $30 million, compared to $36...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — David R. Spreng Chief Investment Officer, Runway Growth Capital LLC — Greg Greifeld Chief Financial Officer and Chief Operating Officer — Thomas B. Raterman Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Investment Income -- $30 million, compared to $36.7 million in the prior year, as stated in the financial review. -- $30 million, compared to $36.7 million in the prior year, as stated in the financial review. Net Investment Income (NII) -- $11.6 million, down from $15.7 million in the prior year, with the decline partly attributed to lower prepayment fee income. -- $11.6 million, down from $15.7 million in the prior year, with the decline partly attributed to lower prepayment fee income. Portfolio Activity -- Seven investments totaling $42.9 million funded, including a $20 million loan to a mobility company, a $10 million loan to a special purpose vehicle in consumer products, a $2 million initial funding to Shield Therapeutics, and $10.9 million in follow-on loans to four existing companies. -- Seven investments totaling $42.9 million funded, including a $20 million loan to a mobility company, a $10 million loan to a special purpose vehicle in consumer products, a $2 million initial funding to Shield Therapeutics, and $10.9 million in follow-on loans to four existing companies. Fair Value of Investment Portfolio -- $927.4 million at period end, representing a 2% decrease from $946 million. -- $927.4 million at period end, representing a 2% decrease from $946 million. Net Asset Value (NAV) Per Share -- $13.42, falling 1% from $13.55. -- $13.42, falling 1% from $13.55. Portfolio Risk Rating -- Weighted average increased to 2.45 from 2.42 (on a 1-to-5 scale where one is most favorable). -- Weighted average increased to 2.45 from 2.42 (on a 1-to-5 scale where one is most favorable). Debt Portfolio Yield -- Weighted average ...
The stock market was the place to be over the past three years, with the S&P 500 roaring to record highs in the bull market -- and delivering a 78% gain in that time period. Investors were eager to get in on growth stocks, which generally benefit most from positive market environments, and they put a particular focus on stocks in the areas of artificial intelligence (AI) and quantum computing. But...
The stock market was the place to be over the past three years, with the S&P 500 roaring to record highs in the bull market -- and delivering a 78% gain in that time period. Investors were eager to get in on growth stocks, which generally benefit most from positive market environments, and they put a particular focus on stocks in the areas of artificial intelligence (AI) and quantum computing. But in recent weeks, uncertainties have accumulated, weighing on investor sentiment. This has driven a great deal of volatility in the market, as we can see through the fluctuations of the S&P 500. Against this backdrop, you might be wondering if you should really buy stocks right now. During difficult times, it's a great idea to turn to one specific person for advice: Warren Buffett, the investing giant who led Berkshire Hathaway to market-beating returns over 60 years. (Buffett retired from the chief executive officer role at the end of last year, but he remains chairman.) And the good news is we don't have to figure out a way to meet Buffett and ask him our investing question, as he's spoken extensively on the subject over time -- and his advice is evergreen. Should you really buy stocks during market turbulence? The following words from Buffett offer an answer that's strikingly clear. What's driving stock performance First, though, let's take a closer look at the positive and negative points that have driven stock performance in recent years through today. As mentioned, investors eagerly scooped up AI and quantum computing stocks in an effort to get in on potentially game-changing technologies. This resulted in many of these players soaring. Investors also favored growth stocks beyond the tech space amid optimism about a lower interest rate environment -- this backdrop is known to favor earnings growth as companies can borrow more cheaply and benefit from increased consumer spending on their products and services. Though concerns about import tariffs hurt stocks last sprin...
Investing.com -- Amazon.com Inc (NASDAQ:AMZN) is shifting its annual Prime Day promotion to June from its traditional July window, according to reporting from Bloomberg. The strategic move alters the schedule for a sales event that has become a fundamental pillar of the modern e-commerce economy. The timing is expected to occur in late June, though the company’s internal plans have not yet been ma...
Investing.com -- Amazon.com Inc (NASDAQ:AMZN) is shifting its annual Prime Day promotion to June from its traditional July window, according to reporting from Bloomberg. The strategic move alters the schedule for a sales event that has become a fundamental pillar of the modern e-commerce economy. The timing is expected to occur in late June, though the company’s internal plans have not yet been made public. A representative for the retail giant declined to comment to Bloomberg on the matter. The rescheduling carries significant weight for third-party vendors who rely on the discounting surge to attract new shoppers. Because Amazon captures roughly 40% of money spent online, competitors also track the date to capitalize on the increased web traffic. Amazon originally launched the summer sale in 2015 to bolster sign-ups for its Prime membership program. Members currently pay an annual fee of $139 for various benefits, including shipping discounts and digital streaming services. The company has recently experimented with the event’s duration, extending the sale to four days last year to give shoppers more time to browse. However, this change reportedly reduced the sense of urgency that typically drives high-volume, immediate purchases during the event. Moving the sale to June will pull significant revenue into the second quarter, impacting Amazon’s upcoming financial reporting. Analysts also view the event as a critical barometer for measuring broader consumer sentiment during periods of economic uncertainty. Related articles Amazon to launch June Prime Day in strategic calendar shakeup, Bloomberg says These 2 stocks are best positioned to benefit from higher uranium prices: analyst Nvidia's new Alpamayo project: What it means for Tesla?
Vladimir18/iStock via Getty Images In my discussions about the American manufacturing base, I like to show this series of charts because it illustrates a clear point: the United States' manufacturing capacity has been hollowed out by decades of underinvestment. It's resulted in a rapid decline in jobs and a stagnation in output levels since the turn of the century. Both absolute and relative level...
Vladimir18/iStock via Getty Images In my discussions about the American manufacturing base, I like to show this series of charts because it illustrates a clear point: the United States' manufacturing capacity has been hollowed out by decades of underinvestment. It's resulted in a rapid decline in jobs and a stagnation in output levels since the turn of the century. Both absolute and relative levels are low. Rose Technologies Automation has something to do with it; I am not blind to the timing around digitization and the Internet age. But if the decline in jobs—and capex as automation becomes cheaper to invest in—was a result of automation, then we should still be seeing gains in production output as productivity increases. The current administration in Washington, now a little over a year old, has long promised to restore U.S. manufacturing capabilities. This outcome was the significant cover for the administration to restart its trade war with China (which, truth be told, did absorb much of our lost capacity), place universal tariffs on effectively every country on the planet , take an equity stake in Intel ( INTC ), and more. That begs the question: is it working? New Data On Manufacturing Productivity The last ten years of the manufacturing story have been fairly grim. There was a small buoy in 2020, but that was largely due to government-provided stimulus, and the trend quickly resumed. Well, until the last year. H2 2025 manufacturing output was 2.6% higher YoY, a clear and quick shift. BLS via Gad Levanon Keep in mind that this is a small gain in a small amount of time. We are still not even at 2015 levels again, let alone back on any semblance of the trend we were on pre-2011. BLS via Gad Levanon But progress doesn't happen all in one go. It happens in stages, and so it's only appropriate to evaluate this as a partial and early success. Whether it lasts will be the subject of an article at a later date, but for now, this is an early win. There are other questi...
A KC-135 refueling plane that was part of the American military campaign against Iran crashed over western Iraq after an incident involving another plane, US Central Command said Thursday night. “This was not due to hostile fire or friendly fire,” Centcom said in a statement, adding that rescue efforts were underway and that the episode occurred “in friendly airspace.” The other aircraft landed sa...
A KC-135 refueling plane that was part of the American military campaign against Iran crashed over western Iraq after an incident involving another plane, US Central Command said Thursday night. “This was not due to hostile fire or friendly fire,” Centcom said in a statement, adding that rescue efforts were underway and that the episode occurred “in friendly airspace.” The other aircraft landed safely, according to the statement, which did not provide details on the fate of the KC-135’s crew. In the first days of the war, three US fighter jets crashed in Kuwait after accidentally coming under fire by the country’s air defense forces. All six crew members ejected safely, officials said. Seven US service members have died since the war began on Feb. 28. Earlier: Three US Warplanes Crash in Kuwait After Friendly-Fire Incident The KC-135 Stratotanker “provides the core aerial refueling capability for the United States Air Force and has excelled in this role for more than 60 years,” according to an Air Force webpage. It also provides refueling for Navy and Marine aircraft.
Key Points 14B Capital sold 279,633 shares of Cogent Communications Holdings in the fourth quarter; the estimated trade value was $8.25 million based on quarterly average prices. The quarter-end position value fell by $13.58 million, reflecting both share the sale and price movements. As of quarter's end, the fund reported holding 170,000 CCOI shares valued at $3.67 million. 10 stocks we like bett...
Key Points 14B Capital sold 279,633 shares of Cogent Communications Holdings in the fourth quarter; the estimated trade value was $8.25 million based on quarterly average prices. The quarter-end position value fell by $13.58 million, reflecting both share the sale and price movements. As of quarter's end, the fund reported holding 170,000 CCOI shares valued at $3.67 million. 10 stocks we like better than Cogent Communications › On February 17, 2026, 14B Capital Management disclosed in a Securities and Exchange Commission (SEC) filing that it sold 279,633 shares of Cogent Communications Holdings (NASDAQ:CCOI) in the fourth quarter, an estimated $8.25 million trade based on quarterly average pricing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, 14B Capital Management reduced its position in Cogent Communications Holdings by 279,633 shares during the fourth quarter of 2025. The estimated value of the shares sold is $8.25 million, based on the quarterly average price. The quarter-end value of the remaining stake declined by $13.58 million, reflecting both trading and price changes. What else to know Following the sale, the Cogent Communications Holdings stake represents 2.95% of 13F assets under management, placing it outside the fund’s top five holdings. Top holdings after the filing: NYSE:MA: $24.30 million (19.5% of AUM) NYSE:V: $24.29 million (19.5% of AUM) NYSE:FOUR: $24.24 million (19.5% of AUM) NASDAQ:STNE: $9.01 million (7.2% of AUM) NYSE:PAGS: $7.02 million (5.6% of AUM) As of February 16, 2026, Cogent Communications Holdings shares were priced at $26.46, down roughly 70% over the past year and vastly underperforming the S&P 500’s roughly 20% gain in the same period. Company overview Metric Value Revenue (TTM) $975.8 million Net Income (TTM) ($182.2 million) Dividend Yield 10% Price (as of market close 2/13/26) $26.46 Company snapshot Cogent Communications provides high-speed Internet access, private netw...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Jessica Buss Chief Financial Officer — Massimo Monaco TAKEAWAYS Total Revenue -- $19.3 million for the quarter, compared to negative $56.9 million in the prior-year period, reflecting a significant swing from a negative change in estimate in 2024. -- $19.3 million for the quarter, compa...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Jessica Buss Chief Financial Officer — Massimo Monaco TAKEAWAYS Total Revenue -- $19.3 million for the quarter, compared to negative $56.9 million in the prior-year period, reflecting a significant swing from a negative change in estimate in 2024. -- $19.3 million for the quarter, compared to negative $56.9 million in the prior-year period, reflecting a significant swing from a negative change in estimate in 2024. Certified Loans (CERTs) -- 19,308 in the quarter, down from 26,065 a year earlier, with the decline attributed to temporary headwinds from pricing adjustments and conversion rates. -- 19,308 in the quarter, down from 26,065 a year earlier, with the decline attributed to temporary headwinds from pricing adjustments and conversion rates. Adjusted EBITDA -- $2.8 million for the quarter, compared to negative $75.9 million for the same period in 2024. -- $2.8 million for the quarter, compared to negative $75.9 million for the same period in 2024. Net Income -- $1.7 million for the quarter versus a net loss of $144 million in the prior year. -- $1.7 million for the quarter versus a net loss of $144 million in the prior year. Operating Expenses -- $13.9 million in the quarter, down 9.3% from $15.4 million in 2024, as the company highlighted ongoing expense discipline. -- $13.9 million in the quarter, down 9.3% from $15.4 million in 2024, as the company highlighted ongoing expense discipline. Profit Share Revenue -- $6.2 million for the quarter or $322 per certified loan, compared to $8.2 million ($314 per loan) in 2024, booked at an implied 72.5% loss ratio. -- $6.2 million for the quarter or $322 per certified loan, compared to $8.2 million ($314 per loan) in 2024, booked at an implied 72.5% loss ratio. Delinquency Trend -- Over-60-day delinquency at twelve months for the 2025 vintage is approximately 200 basis points lower than for 2023 and 2024 vint...
Earnings Call Insights: Zedge, Inc. (ZDGE) Q2 2026 Management View CEO Jonathan Reich emphasized that "the quality of our monetization continues to improve, and this is leading to record results." He noted Zedge achieved record levels of revenue and average revenue per monthly active user, attributing gains to "continued advertising optimization, record active subscription numbers and record Zedge...
Earnings Call Insights: Zedge, Inc. (ZDGE) Q2 2026 Management View CEO Jonathan Reich emphasized that "the quality of our monetization continues to improve, and this is leading to record results." He noted Zedge achieved record levels of revenue and average revenue per monthly active user, attributing gains to "continued advertising optimization, record active subscription numbers and record Zedge Premium GTV." Reich also highlighted a focus on acquiring higher-value users and driving resilience in the marketplace despite continued contraction in monthly active users. Reich discussed early progress in Data Seeds, describing the market as having an "incredible growth potential" and stating, "The appetite for AI training data is virtually insatiable, and we are productizing offerings, we believe can meet the needs of model builders and doing so intelligently and cost effectively." He said the company is "building an off-the-shelf or OTS catalog to drive down cost and accelerate order delivery," while noting revenue in the segment remains lumpy. Reich identified that "our innovation team is humming," with two new alpha products launched this quarter, aiming for up to six for the fiscal year. He said, "Syncat, our first release under the product innovation team framework did not deliver the KPIs we were shooting for and we are ceasing development of this product." Reich indicated that GuruShots "appears to be stabilizing and is being operated conservatively following last year's restructuring," and that cash strengthened to $19.1 million with no debt. He added, "we are now paying a quarterly dividend while continuing to invest in innovation and repurchasing shares when the market conditions are right." CFO Yi Tsai reported, "Total revenue for the second quarter was $8.3 million, up 18.3% from last year." He highlighted that "Zedge Marketplace revenue was up over 21% year-over-year driven by strong advertising CPMs and subscription revenue." Tsai also noted, "Zedge+ subs...
The first-ever jury trial over the potential harms of social media wrapped up on Thursday. Lawyers for Meta and YouTube have argued their platforms are safe for the vast majority of young people, while lawyers for a young woman at the center of the case say the tech companies have designed their products to be addictive, leading to mental health issues in children and teens. The six-week trial has...
The first-ever jury trial over the potential harms of social media wrapped up on Thursday. Lawyers for Meta and YouTube have argued their platforms are safe for the vast majority of young people, while lawyers for a young woman at the center of the case say the tech companies have designed their products to be addictive, leading to mental health issues in children and teens. The six-week trial has seen a parade of high-profile witnesses, including Meta chief executive Mark Zuckerberg, Instagram head Adam Mosseri and YouTube’s vice-president of engineering Cristos Goodrow. Jurors have also heard testimony from the lead plaintiff, a 20-year-old woman who goes by the initials KGM, her therapist and expert witnesses on social media and addiction. If jurors rule in favor of KGM, the social media companies could face harsh financial penalties, which plaintiffs’ lawyers hope will lead them to change fundamental aspects of how their platforms function. In this case, the burden of proof is on the plaintiffs. The jury would need to find negligence and causation by YouTube and Meta before it could impose damages, so the outcome of the trial could take several different forms. Deliberations are set to begin on Friday. KGM said she got hooked on YouTube starting at six and Instagram at nine. By the time she was 10, she said, she had become depressed and was engaging in self-harm as a result. The cycle of social media use caused her to have strained relationships with her family and in school, she testified. She said she had suicidal thoughts and began cutting herself as a “coping mechanism to deal with my depression”. When she was 13, KGM’s therapist diagnosed her with body dysmorphic disorder and social phobia, which KGM attributes to her use of Instagram and YouTube. KGM’s lawyers say her experience is emblematic of what tens of thousands of young people have faced on social media and in their offline lives. Meta and YouTube deny wrongdoing. A YouTube spokesperson, José Castañ...