Earnings Call Insights: MariMed Inc. (MRMD) Q1 2026 Management View "Last night, we reported first quarter 2026 revenue of $39.5 million and positive adjusted EBITDA of $3.6 million. Additionally, we once again generated positive cash flow from operations." (Co-Founder, CEO, President, Secretary, Treasurer & Director Jon Levine) "We grew quarter-over-quarter wholesale revenue in Illinois by 25% an...
Earnings Call Insights: MariMed Inc. (MRMD) Q1 2026 Management View "Last night, we reported first quarter 2026 revenue of $39.5 million and positive adjusted EBITDA of $3.6 million. Additionally, we once again generated positive cash flow from operations." (Co-Founder, CEO, President, Secretary, Treasurer & Director Jon Levine) "We grew quarter-over-quarter wholesale revenue in Illinois by 25% and in Delaware by 13%, widening our leadership position in Delaware, where we are already the #1 wholesaler." (CEO Levine) "Betty's Eddies was once again the #1 selling edible across Illinois, Massachusetts, Maryland and Delaware combined." (CEO Levine) "In Pennsylvania, our licensing partner is awaiting state approval of our products and packaging." (CEO Levine) "In New York, we remain on schedule with our plan there. Construction has begun on the processing kitchen we are building with our licensed partner in the Bronx." (CEO Levine) "We are forecasting licensing revenue generation in both states early next year, while doing everything in our control to help speed up this time line." (CEO Levine) "Our dispensary footprint will expand in Ohio first, where we're leveraging our second retail license there to open a new Thrive location in the Columbus area. We anticipate that store will open before the end of the year." (CEO Levine) "Revenue for Q1 was $39.5 million, reflecting expected seasonal softness sequentially while continuing to grow year-over-year." (Chief Financial Officer Mario Pinho) Outlook "We are forecasting licensing revenue generation in both states early next year." (CEO Levine) "There are still many questions to be answered about the rescheduled." (CEO Levine) "Near term, it locks in the elimination of 280E-related taxes for medical portion of our business." (CEO Levine) "Approximately 20% of our first quarter retail revenue were medical sales. Therefore, this change should drive an immediate benefit from a tax perspective." (CFO Pinho) "We're very intereste...
guvendemir/E+ via Getty Images As part of their Blue Sky collaboration, United Airlines ( UAL ) and JetBlue ( JBLU ) are giving eligible travelers reciprocal perks and mileage benefits on either carrier’s loyalty programs. This integration of both carriers’ loyalty programs follows the successful launch of JetBlue ( JBLU ) and United’s ( UAL ) interline agreement, enabling travelers to earn miles ...
guvendemir/E+ via Getty Images As part of their Blue Sky collaboration, United Airlines ( UAL ) and JetBlue ( JBLU ) are giving eligible travelers reciprocal perks and mileage benefits on either carrier’s loyalty programs. This integration of both carriers’ loyalty programs follows the successful launch of JetBlue ( JBLU ) and United’s ( UAL ) interline agreement, enabling travelers to earn miles and book flights on either’s website. TrueBlue and MileagePlus members can now receive benefits such as priority booking and check-in on either carrier’ flights, complimentary preferred seating selection, one free checked bag plus priority bag handling, and same-day standby options. The partnership not only enables travelers to enjoy perks from either carrier and book flights on either the JetBlue ( JBLU ) or United ( UAL ) website but also travel with a single connected interline ticket. More on JetBlue Airways, United Airlines JetBlue Airways Corporation (JBLU) Q1 2026 Earnings Call Transcript JetBlue Airways Corporation 2026 Q1 - Results - Earnings Call Presentation United Airlines Holdings, Inc. (UAL) Q1 2026 Earnings Call Transcript United-American Airlines merger idea showed 'bold vision' - pilot union chief JetBlue adds more routes out of Fort Lauderdale as it looks to fill the Spirit void
Skyimages/iStock Editorial via Getty Images Cirrus Logic ( CRUS ) reported its FY-2026 results on May 6. Record revenue for both the year and quarter headlined the numbers. Yet, continuing with our recent theme, the deeper message dwarfed the financial results. Management highlighted Apple's ( AAPL ) inclusion of Cirrus within its future vendor list. Even more important for us was the constant men...
Skyimages/iStock Editorial via Getty Images Cirrus Logic ( CRUS ) reported its FY-2026 results on May 6. Record revenue for both the year and quarter headlined the numbers. Yet, continuing with our recent theme, the deeper message dwarfed the financial results. Management highlighted Apple's ( AAPL ) inclusion of Cirrus within its future vendor list. Even more important for us was the constant mention of battery enhancing products, a category mentioned many times in past conferences. But, in this call, the message was loud and clear, the company has been green lighted to begin earnest development of this product category. It likely was Apple. This continues our coverage of Logic, our last being Extra! Extra! Read All About It: Cirrus Logic's Largest Customer Just Tagged It . In this last article, we outlined possible values of the new part Apple tagged Cirrus to build. During the March call, we gained tremendous detail on product timing and functionality and more. What needs to be answered or at least tried to answer is valuation. A perfect example of this need comes with the recent moves with Intel ( INTC ), a company we strongly supported, yet no longer can at plus one hundred P/E or more accuartely, no P/E. Cirrus almost doubled in the past ten months. Is it too high, over price so to speak? Is it like a $10,000 piece of prime beef or something else? Let's go take a look! The Quarter We begin, generally writing, with a review of a very nice financial year. In bullet form, management reported , $2.0B for FY-26. (A record) Up 5% year over year $448M for the March Quarter. Earnings of $9.26 non-GAAP. (A record) Up 23% year over year. Much of the 23% increase came from one time events such as lower taxes rates. Earnings for the March Quarter of $1.95. (A record) The breakdown between Audio and HPMS was 58% vs. 42%. Guidance for the June Quarter was "$430 million to $490 million, up three percent sequentially and up 13 percent year over year at the midpoint." When ask...
STORY: The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200. That's according to three sources speaking to Reuters. But they said not a single delivery has been made so far. It's left a major tech deal in limbo as CEO Jensen Huang looks for a breakthrough in China this week. A source said Huang joined the US delegation to Beijing after a late invitati...
STORY: The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200. That's according to three sources speaking to Reuters. But they said not a single delivery has been made so far. It's left a major tech deal in limbo as CEO Jensen Huang looks for a breakthrough in China this week. A source said Huang joined the US delegation to Beijing after a late invitation from Donald Trump. The U.S. President picked him up in Alaska en route to a summit with Chinese President Xi Jinping. Huang's presence raised hopes the trip could finally unlock stalled efforts to sell the H200 chips in China. Sources said the U.S. Commerce Department has approved around 10 Chinese companies to buy the H200. Those firm include Alibaba, Tencent, ByteDance and JD.com, and some distributors like Lenovo and Foxconn. The sources added buyers can buy either directly from Nvidia or through those intermediaries. And each approved customer can purchase up to 75,000 chips under the U.S. licensing terms. A spokesperson for the U.S. Department of Commerce declined to comment. Chinese authorities didn't respond to requests for comment either. Huang told state broadcaster CCTV on Thursday he hoped Trump and Xi would build on their good relationship during talks in Beijing. One source said deals have stalled despite U.S. approval as Chinese firms have pulled back after guidance from Beijing. They added the shift in China was partly caused by changes on the U.S. side, though it isn't clear what exactly shifted. A separate source said pressure is mounting in Beijing to block or tightly vet the orders. Beijing's hesitation reflects strategic thinking as the government fears imports could weaken a push to develop homegrown AI chips. China's AI chips still lag behind Nvidia. But local firms like DeepSeek have promoted their reliance on domestic chips, including those developed by Huawei.
Tournament will feature six men’s and women’s teams Grand final at Brentford’s Gtech Community Stadium A rugby union version of the Hundred aimed at attracting younger fans to the sport is to be launched in September. The world’s leading sevens players, possibly bolstered by some exciting up-and-coming 15s talent, have been contracted to play in the Ultimate Sevens Championship which will involve ...
Tournament will feature six men’s and women’s teams Grand final at Brentford’s Gtech Community Stadium A rugby union version of the Hundred aimed at attracting younger fans to the sport is to be launched in September. The world’s leading sevens players, possibly bolstered by some exciting up-and-coming 15s talent, have been contracted to play in the Ultimate Sevens Championship which will involve events in Spain, Wales and France followed by a grand final at Brentford’s Gtech Community Stadium in west London on 24 September. The new tournament will feature six men’s and women’s teams with an initial player salary budget of £2m. The top 75 players on the world sevens circuit have already been recruited to represent one of six squads representing six different global regions with the aim of attracting future individual franchise investment. “We’ve secured incredible host city locations, committed the sport’s top athletes and signed partners who genuinely understand what we’re building,” said Barney Pascall, the managing director of Ultimate Sevens. The fast-paced concept, which has received the blessing of World Rugby and all the major unions, has been designed to show sevens in a new light via an abbreviated one-day format incorporating some interesting innovations. All games will be sudden death and last just 10 minutes, with each side permitted to call one timeout per game instead of the traditional half-time break. There will also be the opportunity to earn extra points by kicking conversions from wider out rather than in front of the posts to add further jeopardy, with the former GB Olympic men’s sevens captain Tom Mitchell among those involved. He believes the tweaked format will make the action even more attractive and marketable. “It’s a format which we think fits with the demand that exists today,” he said. “That’s what’ll make this sing. Underpinning it is that these will be the best sevens players in the world. Our ability to get those players in is key.” T...
A group of likely Russian government hackers tried to hack a security researcher who investigates spyware attacks. He was then able to turn the tables on the hackers and reveal details of their espionage campaign.
A group of likely Russian government hackers tried to hack a security researcher who investigates spyware attacks. He was then able to turn the tables on the hackers and reveal details of their espionage campaign.
Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas. The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial g...
Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas. The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial governments as well as private sector players. Carney announced the strategy a day before his government is expected to unveil an industrial carbon pricing agreement with Alberta meant to pave the way for a new oil pipeline to the west coast, along with a major carbon capture project in the province’s oil sands. The electricity strategy is short on concrete actions to meet its targets, but it says the government will now begin consultations with provinces, territories, Indigenous groups, utilities and unions on the path forward. The strategy also pledges to use financing and grants to support energy retrofits for up to one million homes in Canada, including incentives to transition to electric heat pumps. The overall goal is to lower energy costs for about 70% of Canadian households, the document says. “Realizing these savings will require a willingness to use most sources of energy – including natural gas,” the government said in a news release. “That’s why we intend to adjust clean electricity regulations to provide the flexibility needed to keep energy costs for all Canadian families reliable and affordable, while reducing emissions and building the clean energy system of the future.” The regulations were brought in by Carney’s predecessor, Justin Trudeau , and strained relations with Alberta, which argued they would force the province to phase out natural-gas power generation. Carney’s government plans to ask the federal Major Projects Office to work on an investment strategy for building transmission interties, with the aim of improving Canada’s east-west grid connectio...
Tesla stock was bobbing up and down on Thursday, with investors still focused on China and self-driving technology. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock dri...
Tesla stock was bobbing up and down on Thursday, with investors still focused on China and self-driving technology. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock driver lately.
Assassin’s Creed Shadows is just one of the games that supports FSR 4.1. | Image: Ubisoft AMD is bringing its FSR 4.1 upscaling tech to older graphics cards. In an announcement on X , Jack Huynh, AMD's head of computing and graphics, says FSR 4.1 will roll out to RDNA 3 GPUs in July, followed by a launch on RDNA 2 chips in early 2027. This summer's update will allow Radeon RX 7000-series chip owne...
Assassin’s Creed Shadows is just one of the games that supports FSR 4.1. | Image: Ubisoft AMD is bringing its FSR 4.1 upscaling tech to older graphics cards. In an announcement on X , Jack Huynh, AMD's head of computing and graphics, says FSR 4.1 will roll out to RDNA 3 GPUs in July, followed by a launch on RDNA 2 chips in early 2027. This summer's update will allow Radeon RX 7000-series chip owners to access AMD's upscaling tech across more than 300 supported games , including Cyberpunk 2077 , Battlefield 6 , and Assassin's Creed Shadows . FSR 4.1's broader expansion next year will allow the tech to expand to more devices running RDNA 2 architecture, like the Steam Deck. AMD launched its FSR 4.1 update for Radeon RX 9000-series gra … Read the full story at The Verge.
Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know.
Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know.
JHVEPhoto At 10:15 AM ET, updates to include expected through-the-cycle growth in the 12th paragraph. Charles Schwab ( SCHW ) management is trying to shift investors' perception of the investment firm's stock at its investor day event on Thursday. "We’re trading like a value stock but growing like a growth stock," CEO Rick Wurster told reporters ahead of the event. A big part of the company's argu...
JHVEPhoto At 10:15 AM ET, updates to include expected through-the-cycle growth in the 12th paragraph. Charles Schwab ( SCHW ) management is trying to shift investors' perception of the investment firm's stock at its investor day event on Thursday. "We’re trading like a value stock but growing like a growth stock," CEO Rick Wurster told reporters ahead of the event. A big part of the company's argument hinges on the potential of artificial intelligence. Fears that AI would obviate investors' needs for brokerage firms have pressured their stocks in recent months. Schwab ( SCHW ) is no exception. Its stock has risen only 5.7% in the past year, while the S&P 500 gained 26%. Schwab, though, sees AI as a powerful tool for deepening relationships with its clients and attracting new clients. " AI will increasingly be a channel with which people will engage with us," he said. While clients with $1M or more in assets get a relationship manager, those with less than $1M make up the majority of Schwab's client base. AI will allow the company to offer personalized service to more of its clients. "We have to win on AI," Wurster said. The power of artificial intelligence is that it's a " front door for how clients interact with us," he said. "It will allow us to go after an entire new segment of clients." Schwab ( SCHW ) is also targeting growth in its workplace platform. While the firm leads in the registered investor advisor sector and in total client assets (now at $12.6T), "we have an opportunity to be far bigger in the workplace platform," the CEO said. That may require some big investments, he added. "The retirement business opportunity is big." Chief Financial Officer Mike Verdeschi, though, stresses that the company will continue to apply disciplined financial management and capital return. He also noted that Schwab ( SCHW ) has the resources available to invest in growth and innovation and invest in efficiency while it keeps its cost to serve low. By serving a growing num...