The US and Iran have offered conflicting messages over the likelihood of a deal being reached imminently The Israel Defense Forces (IDF) said it has killed the commander of Hezbollah’s Radwan force, the most elite unit of the pro-Iran armed group, in a strike on Beirut’s southern suburbs. In a statement, the IDF named the Radwan commander as Ahmed Ghalib Balut, saying he was killed in a strike in ...
The US and Iran have offered conflicting messages over the likelihood of a deal being reached imminently The Israel Defense Forces (IDF) said it has killed the commander of Hezbollah’s Radwan force, the most elite unit of the pro-Iran armed group, in a strike on Beirut’s southern suburbs. In a statement, the IDF named the Radwan commander as Ahmed Ghalib Balut, saying he was killed in a strike in the Dahiyeh neighbourhood in southern Beirut. Continue reading...
Six Flags Entertainment ( FUN ) said Thursday Brian Witherow will step down as chief financial officer, effective May 8, 2026. The company has advanced its CFO succession process with several candidates and will provide an update when the process underway is complete. Dave Hoffman, Six Flags’ chief accounting officer, will serve as interim finance lead during the transition. In addition, Amy Marti...
Six Flags Entertainment ( FUN ) said Thursday Brian Witherow will step down as chief financial officer, effective May 8, 2026. The company has advanced its CFO succession process with several candidates and will provide an update when the process underway is complete. Dave Hoffman, Six Flags’ chief accounting officer, will serve as interim finance lead during the transition. In addition, Amy Martin Ziegenfuss and Christopher Bennett were appointed as chief marketing officer and chief legal and compliance officer, respectively, effective June 3, 2026. Ziegenfuss will join Six Flags from Carnival Cruise Line, where she served as chief marketing officer. Bennett has more than twenty-five years of legal experience in the hospitality and leisure industries, including 16 years leading the legal department of Interstate Hotels & Resorts. More on Six Flags Six Flags: Activists Don't Want To Wait Six Flags: Starting Its Cedar-Fication, But Debt Knocks The Door Six Flags Entertainment Corporation (FUN) Q4 2025 Earnings Call Transcript Six Flags reports Q1 results The Iran conflict puts Six Flags' Saudi Arabia vision on a roller coaster
Vestas beat analysts estimates for profits in the first quarter of the year, as demand for wind turbines increased. CEO Henrik Andersen joined Bloomberg's The Opening Trade to discuss the outlook for the Danish renewable energy company, as the global energy crisis caused by the Iran war underlines the need for governments to prioritize energy security and supplies closer to home. Andersen says Eur...
Vestas beat analysts estimates for profits in the first quarter of the year, as demand for wind turbines increased. CEO Henrik Andersen joined Bloomberg's The Opening Trade to discuss the outlook for the Danish renewable energy company, as the global energy crisis caused by the Iran war underlines the need for governments to prioritize energy security and supplies closer to home. Andersen says Europe requires more home-grown and independent energy suppliers, which bodes well for Vestas. (Source: Bloomberg)
NeilLockhart/iStock via Getty Images The idle mine is worth $3,500M With a single mine in the Nevada desert that has not produced since November 2021 , I found it interesting to check how the cycle continues to support Hycroft Mining ( HYMC ), and what story lies behind it after the operational shutdown to justify a $3,500M market capitalization. To begin with, the company operated a conventional ...
NeilLockhart/iStock via Getty Images The idle mine is worth $3,500M With a single mine in the Nevada desert that has not produced since November 2021 , I found it interesting to check how the cycle continues to support Hycroft Mining ( HYMC ), and what story lies behind it after the operational shutdown to justify a $3,500M market capitalization. To begin with, the company operated a conventional gold and silver mine through heap leaching on oxide material , a method that is usually cheap and simple to extract metal in this type of deposit. Basically, what you do in this process is extract the rock, crush it, stack it, and finally irrigate it with a diluted cyanide solution. In this way, the cyanide dissolves the gold and silver as it passes through the stacked heap, and underneath it, you collect this metal-loaded solution. That is why it is cheap, because you do not need a processing plant, and it works very well with oxide, the rock in the upper part of the deposit, which has already been altered over time by air and water. Why am I explaining this? I consider it necessary because that oxide runs out, and beneath it, a structure of minerals such as pyrite and arsenopyrite acts like a kind of safe box that prevents the cyanide from entering and dissolving the gold. www.hycroftmining.com So now what is needed is a structure capable of grinding the rock into fine powder, together with an oxidation plant that breaks this safe box using high temperatures and pressure. If that is translated into dollars, it means a full industrial project, with millions in CapEx that the company tried to avoid through different techniques, but which ultimately led to operations being halted due to a lack of economic viability. So what is happening? I think the market has changed its view on HYMC if we consider the technical report from this past February, where measured and indicated resources increased to 16.4M oz of gold and 562.6M oz of silver, meaning 55% above the previous study c...
Prediction markets have promised traders more accurate, real-time forecasts on crucial economic data releases. On one of the most closely watched and economically consequential US economic events – the monthly jobs numbers – they haven’t yet lived up to the hype. Last month, when the Labor Department reported that the economy added 178,000 jobs, the final aggregate estimate from bettors on Kalshi ...
Prediction markets have promised traders more accurate, real-time forecasts on crucial economic data releases. On one of the most closely watched and economically consequential US economic events – the monthly jobs numbers – they haven’t yet lived up to the hype. Last month, when the Labor Department reported that the economy added 178,000 jobs, the final aggregate estimate from bettors on Kalshi Inc. was off by over 90,000 jobs, after close to $1 million in wagers were placed. That was slightly closer than the median forecast of 79 economists polled by Bloomberg. But over the last three years of monthly estimates, both Kalshi and the experts have generally missed the actual number by a similar, and relatively significant amount, according to a Bloomberg analysis of the data. Professional forecasters did have a slight edge, but not at a level that is statistically significant. Across all 33 months, both economists and Kalshi missed the actual number by over 60,000 jobs, on average. The jobs forecast has been among the most difficult economic data points for experts to predict, providing a particularly important testing ground with ramifications for monetary policy and the direction of the broader economy. The Labor Department acknowledges that the numbers it releases are preliminary, with a wide band for error, and are ultimately revised more than three times. Some economists who track the data say that the results so far, and the reputation of prediction markets as a new form of online gambling for unsophisticated amateurs, have not convinced them to pay all that much attention to the odds. “Kalshi’s just making money on a novelty bet, like The Price is Right ,” said Brett Ryan , a senior US economist at Deutsche Bank, who is among the 10 most accurate payrolls forecasters over the past two years in Bloomberg’s panel. The neck-and-neck race suggests to some skeptics that many prediction market traders are merely copying what they see from the economists, rather tha...
Cryptocurrency is a polarizing subject, even as it becomes more widely adopted. Meme coins, in particular, are a lightning rod for criticism because they're closer to digital lottery tickets than serious investments. But people still buy them, because when meme coins catch on, they can explode in value . Two of the best examples are Dogecoin (CRYPTO: DOGE) , the original meme coin, and Pepe (CRYPT...
Cryptocurrency is a polarizing subject, even as it becomes more widely adopted. Meme coins, in particular, are a lightning rod for criticism because they're closer to digital lottery tickets than serious investments. But people still buy them, because when meme coins catch on, they can explode in value . Two of the best examples are Dogecoin (CRYPTO: DOGE) , the original meme coin, and Pepe (CRYPTO: PEPE) , a newer token that launched in 2023. If you're considering speculating with some extra cash, here's how these two stack up. Image source: Getty Images. Continue reading
Fulfilment runs through Amazon's temperature-controlled logistics infrastructure, with delivery timed to customer-specified windows to accommodate business operating hours.
Fulfilment runs through Amazon's temperature-controlled logistics infrastructure, with delivery timed to customer-specified windows to accommodate business operating hours.
Kent Zhu, CEO at Accor Greater China, says China hotels recorded robust performance during the Labor Day Holiday. He also tells "Bloomberg: The China Show" that the hotel group plans to "go further west" in China as it expands in the country. (Source: Bloomberg)
Kent Zhu, CEO at Accor Greater China, says China hotels recorded robust performance during the Labor Day Holiday. He also tells "Bloomberg: The China Show" that the hotel group plans to "go further west" in China as it expands in the country. (Source: Bloomberg)
Earnings Call Insights: KORU Medical Systems (KRMD) Q1 2026 Management View “This will be my final earnings call as CEO” (CEO & Director Linda Tharby), adding that “Adam has been appointed as my successor and will step into the role on July 1st,” and that the company is “reiterating our full-year 2026 guidance for revenue, gross margins, adjusted EBITDA, and cash flow.” “Q1 2026 was a record start...
Earnings Call Insights: KORU Medical Systems (KRMD) Q1 2026 Management View “This will be my final earnings call as CEO” (CEO & Director Linda Tharby), adding that “Adam has been appointed as my successor and will step into the role on July 1st,” and that the company is “reiterating our full-year 2026 guidance for revenue, gross margins, adjusted EBITDA, and cash flow.” “Q1 2026 was a record start to the year” (CEO & Director Tharby), who tied performance to “approximately 60,000 patients on the KORU platform,” and cited drivers including “competitive conversions,” “prefilled syringe conversions in Europe,” and “submitting our 510(k) application for the use of the Freedom Infusion System with deferoxamine.” “We now have eight active non-Ig drug opportunities in development, which together represent more than 6 million annual infusions worldwide” (President & Chief Commercial Officer Adam Kalbermatten), who also said the company “made the decision this quarter to remove vancomycin from our active development pipeline,” citing “the risk of an infusion to the central artery” and resource prioritization. “We plan to submit a 510(k) and MDR applications for the next-generation Freedom60 pump in 2026, and we are targeting the submission for the flow controller in late '26 or early 2027” (President & CCO Kalbermatten). “We are reiterating our full year 2026 outlook with revenue of $47.5 million to $50 million… gross margin of 61% to 63% and positive adjusted EBITDA and positive cash flow for the full year” (CFO, Secretary & Treasurer Tom Adams). Outlook “We are reiterating our full year 2026 outlook with revenue of $47.5 million to $50 million… gross margin of 61% to 63% and positive adjusted EBITDA and positive cash flow” (CFO Adams), while noting revenue phasing expectations that “the back half [is] weighted more heavily as recent clearances and new prefilled geographies ramp up and patients are added.” “We have also incorporated geopolitical risk associated with the Mid...
Earnings Call Insights: LegalZoom.com, Inc. (LZ) Q1 2026 Management View "LegalZoom is a different company than it was 2 years ago, more focused, better positioned and increasingly differentiated," said (CEO & Chairman Jeffrey Stibel), adding the company is "building a subscription-led AI-enabled platform" and that Q1 delivered "total revenue growth of 13% year-over-year and adjusted EBITDA of ove...
Earnings Call Insights: LegalZoom.com, Inc. (LZ) Q1 2026 Management View "LegalZoom is a different company than it was 2 years ago, more focused, better positioned and increasingly differentiated," said (CEO & Chairman Jeffrey Stibel), adding the company is "building a subscription-led AI-enabled platform" and that Q1 delivered "total revenue growth of 13% year-over-year and adjusted EBITDA of over $36 million." (CEO & Chairman Stibel) said 2026 execution is centered on "3 core growth levers": "driving high-quality subscription growth through premium human-in-the-loop offerings," "scaling customer acquisition through partnerships and AI channels," and "leveraging AI to enhance the customer experience and to drive efficiency." He emphasized differentiation at the "last mile" where "expert judgment, execution and accountability still matter." (CEO & Chairman Stibel) highlighted expert-led growth, saying, "In Q1, revenue across our expert-led offerings grew more than 2x faster than our overall business year-over-year," and called out concierge as "the standout performer" with "over 3x average ARPU," while noting demand for the company’s reinstatement and compliance solution has "consistently exceeded our expectations since launch." (CFO & COO Noel Watson) tied strategy to results: "Total revenue was $207 million," with "subscription revenue increased 12% to $130 million" and "transactions" revenue "increased 15% to $77 million." He added, "ARPU increased 4% year-over-year," while subscription units were "approximately 1.92 million...stable year-over-year" due to mix shifting away from lower-value bundled subscriptions. (CFO & COO Watson) described AI-driven productivity initiatives across workflows, saying the company is "rapidly transitioning to a fully AI-native organization" and cited operational impacts including "reducing trademark classification search time by 55%" and "accelerating patent drafting by 30%," plus customer care automation where AI is "fully resolvi...