Twelve years after illegal ride-hailing was launched to compete with taxi services in Hong Kong and give passengers a wider choice, the government has embarked on the last stage of a long journey towards regulating them and putting them on a legal footing. The major issue for stakeholders in both the taxi industry and ride-hailing platforms – and for customers – is the hotly disputed cap on the nu...
Twelve years after illegal ride-hailing was launched to compete with taxi services in Hong Kong and give passengers a wider choice, the government has embarked on the last stage of a long journey towards regulating them and putting them on a legal footing. The major issue for stakeholders in both the taxi industry and ride-hailing platforms – and for customers – is the hotly disputed cap on the number of ride-hailing vehicles to be allowed on the road. The Transport and Logistics Bureau says it...
PANAMA CITY, May 13, 2026 (GLOBE NEWSWIRE) -- Copa Holdings 1 , S.A. (NYSE: CPA), today announced financial results for the first quarter of 2026 (1Q26), reflecting continued industry-leading profitability, disciplined execution, and the resilience of its business model amid a higher jet fuel price environment. Key highlights include:
PANAMA CITY, May 13, 2026 (GLOBE NEWSWIRE) -- Copa Holdings 1 , S.A. (NYSE: CPA), today announced financial results for the first quarter of 2026 (1Q26), reflecting continued industry-leading profitability, disciplined execution, and the resilience of its business model amid a higher jet fuel price environment. Key highlights include:
Phil Foden's magical first-half assist proves the catalyst that Manchester City needed to maintain their challenge in this season's fascinating Premier League title race.
Phil Foden's magical first-half assist proves the catalyst that Manchester City needed to maintain their challenge in this season's fascinating Premier League title race.
(Bloomberg) -- Cisco Systems Inc. gained as much as 19% in late trading after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Pr...
(Bloomberg) -- Cisco Systems Inc. gained as much as 19% in late trading after the company delivered a better-than-anticipated sales forecast and announced plans to cut thousands of jobs, an attempt to focus on the fast-growing AI market.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueTrump Lands in China for Xi Trade Summit With Iran War in
AlexLMX/iStock via Getty Images Everpure, Inc. ( P ), formally known as PureStorage, will report its Q1 ’27 numbers at the end of the month, so I thought I would go over the numbers in what to expect and what I will be looking out for, as well as why this seems a bit risky for now to start a position. Last time I covered Everpure was before the name change, and since my "H old" recommendation back...
AlexLMX/iStock via Getty Images Everpure, Inc. ( P ), formally known as PureStorage, will report its Q1 ’27 numbers at the end of the month, so I thought I would go over the numbers in what to expect and what I will be looking out for, as well as why this seems a bit risky for now to start a position. Last time I covered Everpure was before the name change, and since my "H old" recommendation back in January of this year , its share price has gone up around 8.5% compared to the SPY’s ( SP500 ) 5%, and that is because of the recent resurgence of AI-driven hope. What T o Expect Analysts are expecting the company to do $0.05 and $0.40 in GAAP and adjusted EPS on approximately $1 billion in revenues. This is about 28% y/y growth in revenues and pushing into green compared to a ($0.04) loss at the same time last year. That is a marked improvement. Seeking Alpha How do these expectations fare compared to what the management guided for the upcoming quarter? The management is expecting to see the revenues be in the range of $990 million -$1.01 billion, so these are in line with the analysts’ estimations above. Unfortunately, the management didn’t provide any bottom-line numbers, but they did give non-GAAP operating income to be in the range of $125 million-$135 million , which implies growth of at least 51% y/y. Everpure guidance Furthermore, over the last 10 quarters, Everpure beat analysts’ estimates on revenues and EPS 100% of the time. It appears that analysts either underestimate the company’s potential or the management is being particularly conservative whenever they discuss the outlook going forward. Either way, it is a positive for Everpure. Seeking Alpha I believe that the company will see another double beat, and that is because, no matter what analysts believe the company will do, Everpure may have a lot more surprises to the upside due to their involvement within the AI technology era that is helping hyperscalers. The company beat estimates on the latest quarte...
Bankers were still putting the final touches on Alphabet Inc. ’s blockbuster $17 billion of bond sales when word started to spread Monday morning on Wall Street: the company is already hawking more debt. This time, it was in yen . Alphabet’s executives had stayed up through the night to get on with Tokyo investors and pitch the deal. The week prior it had been in euros and Canadian dollars, and, a...
Bankers were still putting the final touches on Alphabet Inc. ’s blockbuster $17 billion of bond sales when word started to spread Monday morning on Wall Street: the company is already hawking more debt. This time, it was in yen . Alphabet’s executives had stayed up through the night to get on with Tokyo investors and pitch the deal. The week prior it had been in euros and Canadian dollars, and, a few months before that, dollars, pounds and Swiss francs . In all, Alphabet will have raised close to $60 billion by the time the yen sale is finalized, a four-month run that ranks as one of the greatest corporate borrowing binges ever. Both the sheer scale of the fundraising — quadruple the amount of bonds Alphabet had sold in its first 26 years in business — and the span-the-globe approach it took to pull it off has put the tech giant at the forefront of a race to fund an artificial intelligence buildout expected to cost nearly $5 trillion by the end of 2030. All told, tech companies have already sold more than $300 billion of debt to US investors to fund AI spending. And Wall Street bankers say they will, one by one, follow Alphabet’s lead and tap overseas markets because they can’t depend on America alone to finance those sorts of ambitions — not without overwhelming demand and sending funding costs sharply higher . Some signs of stress are already emerging. While tech stocks keep soaring — lifting benchmark equity indexes — returns on their debt have been lagging those generated by the investment-grade market as a whole. “The reality is that there’s so much need for depth, they have to tap every single source of liquidity that they can,” said Nanda Kamat , global head of project finance at Royal Bank of Canada, which helped lead Alphabet’s C$8.5 billion ($6.2 billion) bond sale last week, the country’s biggest ever. For overseas bond markets, the deals could prove disruptive, too. As hyperscalers fan out across the globe in search of funding, some analysts and investo...
Earnings Call Insights: Wrap Technologies (WRAP) Q1 2026 Management View "When we spoke in March, we told you that for the first time, we had visibility into our pipeline. And that we are targeting 100% revenue growth for '26. One quarter in, I can tell you that based on the information we have today, our conviction in that target has strengthened." (Founder, CEO, Executive Chairman & Principal Fi...
Earnings Call Insights: Wrap Technologies (WRAP) Q1 2026 Management View "When we spoke in March, we told you that for the first time, we had visibility into our pipeline. And that we are targeting 100% revenue growth for '26. One quarter in, I can tell you that based on the information we have today, our conviction in that target has strengthened." (Founder, CEO, Executive Chairman & Principal Financial Officer and Principal Accounting Officer Scot Cohen) "First quarter revenue grew 45% year-over-year. More importantly, product sales, the core measure of agency adoption with our technology grew 186%." (CEO Cohen) "Internationally, we're expanding our footprint. We've expanded our footprint in India, Panama, Brazil, Malta and the U.K. across the BolaWrap, Wrap Reality, our drone and counter drone solutions." (CEO Cohen) "Total revenue for the first quarter was $1.1 million, an increase of 45% compared to the $0.8 million in the prior year period." (Vice President of Finance Louis Springer) "Product sales increased 186% to $0.9 million compared to $0.3 million in the prior year quarter, driven by increased domestic and international demand for the BolaWrap 150 product line." (VP Springer) "We have preorders for both drone and counter drone systems, with recent orders across the U.K. and Europe and follow-on DFR-X orders from our partner in Panama." (President & COO Jared Novick) Outlook "Putting all this together, we continue to target 100% growth for this year. What has changed is our visibility, our pipeline, and our conviction." (CEO Cohen) "The contracts that we're currently pursuing for '26 and '27, if awarded, have the potential for a meaningful increase in the scale of this business." (CEO Cohen) "However, these opportunities do remain subject to competitive processes and government funding decisions and other factors outside of our control." (CEO Cohen) Compared with the prior quarter, management repeated the same headline target, while shifting the emphasis ...