Toward Dual-Use Deterrence On The Moon Authored by Rick Fisher via The Epoch Times, As the United States pursues its goal of sending astronauts to the moon starting in 2028 to start building lunar bases—and China pursues its goal of sending its people to the moon by 2029 or 2030, also to start building lunar bases—it is necessary to consider a lunar political-military stability based on dual-use t...
Toward Dual-Use Deterrence On The Moon Authored by Rick Fisher via The Epoch Times, As the United States pursues its goal of sending astronauts to the moon starting in 2028 to start building lunar bases—and China pursues its goal of sending its people to the moon by 2029 or 2030, also to start building lunar bases—it is necessary to consider a lunar political-military stability based on dual-use technologies. Concern that China could behave aggressively on the moon is justified based on its behavior on Earth: an unwillingness to recognize the territory of neighboring states while mounting militarized aggrandizement against Japan, Taiwan, the Philippines, and India. This behavior does not bode well for China’s willingness to be transparent about its intentions on the moon, while being predisposed to defend claimed areas rather than seeking deconfliction should other countries pursue nearby lunar activities. This becomes more of a concern for two additional reasons. First, both China and the United States are targeting lunar bases for the south pole of the moon due to the greater probability of finding water ice, but as National Aeronautics and Space Administration (NASA) Moon Base Program Executive Carlos Garcia-Galan noted in the agency’s March 24 “Ignition” briefing, this region is about the size of the state of Virginia. Second, while Virginia is not a small state, China’s early moon landing system will employ two stages: a manned or cargo stage that is decelerated near the moon by a second propulsion stage that detaches and then crashes into the lunar surface. For China, use of the propulsion stage is needed because its initial Long March-10 lunar space launch vehicle (SLV) can only loft about 26 tons to the moon, thus requiring two Long March-10 launches to put people on the moon, and use of a propulsion stage lowers the weight of the lunar landing system. So far, Chinese state-affiliated sources have revealed that their Lanyue manned lunar lander and a larger p...
Earnings Call Insights: Axon Enterprise (AXON) Q1 2026 Management view "We are entering what I believe will be a generational leap in both the pace of innovation we can achieve and the speed of customer adoption we will see." (Founder, CEO & Director Patrick Smith) "Q1 was our strongest ever first quarter across revenue, bookings and new products, and it was a record in markets, U.S. public safety...
Earnings Call Insights: Axon Enterprise (AXON) Q1 2026 Management view "We are entering what I believe will be a generational leap in both the pace of innovation we can achieve and the speed of customer adoption we will see." (Founder, CEO & Director Patrick Smith) "Q1 was our strongest ever first quarter across revenue, bookings and new products, and it was a record in markets, U.S. public safety, international and enterprise each setting first quarter bookings records." (President Joshua Isner) "AI bookings were up 140% versus Q1 last year" and "Dedrone, our counter drone business is scaling beyond our most aggressive assumptions. Bookings are up 500% year-over-year." (President Isner) "After a 50% year-over-year Q1 in April, our team closed a $40 million opportunity with one of the largest telecom providers in the world." (President Isner) "Revenue of $807 million was up 34% year-over-year" and "we're well positioned to deliver on our top line expectations and are raising our revenue guidance for the year to a range of 30% to 32% growth." (COO & CFO Brittany Bagley) Outlook "We're... raising our revenue guidance for the year to a range of 30% to 32% growth." (COO & CFO Bagley) "We still expect to deliver 25.5% adjusted EBITDA margins for the year, consistent with our prior guidance." (COO & CFO Bagley) "We expect to deliver approximately $450 million of free cash flow full year in 2026." (COO & CFO Bagley) Versus the prior quarter’s 2026 outlook, management changed its revenue growth range from "27% to 30%" to "30% to 32%" while keeping the "25.5%" adjusted EBITDA margin target unchanged. (COO & CFO Bagley, Q4 2025; COO & CFO Bagley, Q1 2026) Financial results "Software and services increased 35% year-over-year to $355 million" and "Connected devices revenue grew 33% to $453 million." (COO & CFO Bagley) "Net revenue retention... was 125%" and "ARR... grew 35% year-over-year to $1.5 billion." (COO & CFO Bagley) "International revenue was up over 100% year-over-yea...
In this article TM TCS-IN GOOGL USB Follow your favorite stocks CREATE FREE ACCOUNT Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of " Inside India " — your one-stop destination for stories and developments from the world's fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused comp...
In this article TM TCS-IN GOOGL USB Follow your favorite stocks CREATE FREE ACCOUNT Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of " Inside India " — your one-stop destination for stories and developments from the world's fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused companies. But now, celebrity endorsements and wide distribution are not enough to reel in customers. Viral social media videos are influencing consumer choices — and brands are responding. Read on! Any thoughts on today's newsletter? Share them with the team. The big story Social media influencers are ushering in a massive change in India's packaged food and beverages space, as they urge consumers to read labels, pushing big brands to make healthier products or risk being replaced by new entrants. One of the world's largest packaged food and beverages companies, PepsiCo , is the latest to respond to changing customer preferences. "Today, more than 50% of our beverage portfolio in India comprises low- to no-sugar offerings," said Nitin Bhandari, vice president and general manager of beverages at PepsiCo India, adding that the company aims to "scale low- and no-sugar options to 90% of our beverage portfolio over time in India." PepsiCo gathers consumer insights through engagement forums, social media, as well as its WhatsApp-based consumer loyalty platform, PepGenie, Bhandari told CNBC in an email. In the next five years, India's income per capita is expected to grow at the highest rate among the top five emerging markets for consumer products, including China, Brazil, Mexico, and Russia, according to Bain & Company, making it a priority for global consumer product companies. Global companies already dominate the world's fastest-growing major consumer market across 20 product categories from soft drinks and spirits to savory snacks, detergents, and diapers, the report said. Indi...
Earnings Call Insights: PTC Inc. (PTC) Q2 2026 Management View "PTC delivered a strong Q2. We grew constant currency ARR 8.5% at the high end of guidance and free cash flow 14% year-over-year, exceeding our guidance range." (President, CEO & Director Neil Barua) "With the divestiture completed in March, we're moving forward as a more focused company, fully concentrated on our intelligent product l...
Earnings Call Insights: PTC Inc. (PTC) Q2 2026 Management View "PTC delivered a strong Q2. We grew constant currency ARR 8.5% at the high end of guidance and free cash flow 14% year-over-year, exceeding our guidance range." (President, CEO & Director Neil Barua) "With the divestiture completed in March, we're moving forward as a more focused company, fully concentrated on our intelligent product life cycle vision." (President, CEO & Director Barua) "We displaced a competitor with Windchill+ at a leading automotive supplier" and "we showed this customer" both Windchill as the authoritative product data system and "a clear road map for AI agents." (President, CEO & Director Barua) "We're scaling this aggressively, nearly doubling our AI releases in 2026 versus 2025, including our first AI native products." (President, CEO & Director Barua) "With the divestiture of Kepware and ThingWorx completed on March 13, Q2 is our first quarter of reporting as a more focused business" and "at the end of Q2, our constant currency ARR, excluding Kepware and ThingWorx, was $2.388 billion, up 8.5% year-over-year." (Executive VP & CFO Jennifer DiRico) "In Q2, we repurchased $250 million of common stock" and "deployed the entire $375 million of net after-tax proceeds from the divestiture into an accelerated share repurchase program." (Executive VP & CFO DiRico) Outlook "In fiscal '26, for constant currency ARR, excluding Kepware and ThingWorx, we continue to expect growth of approximately 7.5% to 9.5%." (Executive VP & CFO DiRico) "In Q3 '26... we expect growth of approximately 8% to 9%. This corresponds to a net new ARR range of $40 million to $55 million." (Executive VP & CFO DiRico) "We expect to generate $850 million in free cash flow in fiscal '26" and "for Q3 '26, we are guiding for free cash flow of $240 million to $245 million." (Executive VP & CFO DiRico) "To reflect the upside we saw in Q2 and also factor in recent currency moves, we are raising our fiscal '26 revenue guidance...
Earnings Call Insights: Tarsus Pharmaceuticals (TARS) Q1 2026 Management View "We are off to a strong start in 2026, with a quarter that reflects the continued momentum of XDEMVY's launch and the strength of our key growth drivers" (Co-Founder, President, CEO & Chairman Bobak Azamian), adding, "we are on track to achieve our full-year guidance, reach blockbuster status in the next couple of years ...
Earnings Call Insights: Tarsus Pharmaceuticals (TARS) Q1 2026 Management View "We are off to a strong start in 2026, with a quarter that reflects the continued momentum of XDEMVY's launch and the strength of our key growth drivers" (Co-Founder, President, CEO & Chairman Bobak Azamian), adding, "we are on track to achieve our full-year guidance, reach blockbuster status in the next couple of years and realize $2 billion in peak sales potential." "In the first quarter of 2026, XDEMVY delivered more than $145 million in net product sales, an increase of more than 85% year-over-year" (CEO Azamian), and he said eye care physicians describe XDEMVY as "one of the most impactful medicines they've ever used" and that "access is outstanding." "We initiated Calliope, an approximately 700 participant Phase II trial of TP-05 for the potential prevention of Lyme disease" (CEO Azamian), adding, "we expect top line data during the first half of 2027." He also said the Phase II KORE study of TP-04 in ocular rosacea is underway and "we continue to expect top line data in the first half of 2027." "We delivered net product sales of $145.4 million" (CFO & Chief Strategy Officer Jeffrey S. Farrow), and he highlighted typical Q1 headwinds including "deductible resets," "higher out-of-pocket costs" and "some impact from severe winter weather." Outlook "We reiterate our full-year 2026 guidance of net product sales of $670 million to $700 million, SG&A expenses of $545 million to $565 million... R&D expenses of $115 million to $135 million... and gross margins of approximately 93%" (CFO Farrow). "From a quarterly perspective, growth in 2026 is expected to follow patterns consistent with our prior experience and broader sector dynamics" (CFO Farrow): "strong growth in the second quarter, more modest growth in the third quarter and robust growth in the fourth quarter." Compared with last quarter’s call, management kept the same full-year 2026 guidance range and maintained similar seasonality l...