It's an extraordinary move that came as senators were reviewing a "last and final" offer to end the funding impasse that has jammed airports and disrupted travel, just as TSA workers faced another missed paycheck Friday. (Image credit: Noah K. Murray)
It's an extraordinary move that came as senators were reviewing a "last and final" offer to end the funding impasse that has jammed airports and disrupted travel, just as TSA workers faced another missed paycheck Friday. (Image credit: Noah K. Murray)
Earnings Call Insights: Xos, Inc. (XOS) Q4 2025 Management View Dakota Semler, CEO, stated that "2025 was the year Xos proved something that many doubted was possible, that a young electric vehicle company operating with discipline under real constraints and without the luxury of unlimited capital could deliver a full year of positive free cash flow, grow its customer base, diversify its product p...
Earnings Call Insights: Xos, Inc. (XOS) Q4 2025 Management View Dakota Semler, CEO, stated that "2025 was the year Xos proved something that many doubted was possible, that a young electric vehicle company operating with discipline under real constraints and without the luxury of unlimited capital could deliver a full year of positive free cash flow, grow its customer base, diversify its product portfolio and emerge stronger on the other side." He detailed that Xos generated $46 million in revenue on 328 units delivered and marked its second consecutive full year of positive GAAP and non-GAAP gross margins. Semler highlighted that "we generated $5.4 million of positive free cash flow for the year compared to negative $49.1 million in 2024. That is a $54 million swing. And in Q4, we delivered our third consecutive quarter of positive free cash flow." He emphasized demand from large fleets like UPS and FedEx ISPs and the ongoing fulfillment of a 200-plus unit program. He announced a strategic restructuring with Aljomaih Automotive Company, extending the convertible note's maturity from August 2025 to quarterly installments through February 2028, describing this as "a strategic alignment that allows us to operate from a position of focus rather than constraint. Aljomaih is now our largest shareholder." Xos expanded its product portfolio, with the powertrain business delivering 15 powertrain systems to Blue Bird Corporation in Q4 and receiving nearly 100 additional orders since Q2. The Xos Hub product line is being upgraded for 2026, with new configurations ranging from 210 to 630-kilowatt hours, positioning Xos as "an energy company, not just an electric vehicle company." Giordano Sordoni, COO, described 2025 as "a year defined by focused execution, operational discipline and continued progress towards scalable production," discussing manufacturing expansion, supply chain resilience, and a 28% reduction in operating expenses. Acting CFO Liana Pogosyan stated, "This was...
Palantir Technologies (NasdaqGS:PLTR) has been named a core software developer for the U.S. defense Golden Dome antimissile shield project. The company will work alongside Anduril on this space-based missile defense initiative, described as a potential multibillion dollar, multi year program. The project is positioned as a key element of U.S. defense modernization, with high visibility across both...
Palantir Technologies (NasdaqGS:PLTR) has been named a core software developer for the U.S. defense Golden Dome antimissile shield project. The company will work alongside Anduril on this space-based missile defense initiative, described as a potential multibillion dollar, multi year program. The project is positioned as a key element of U.S. defense modernization, with high visibility across both the defense industry and political circles. Palantir, known for its data integration and...
In this article .HSI .N225 .AXJO Follow your favorite stocks CREATE FREE ACCOUNT Pedestrians walk past the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 23, 2021. Paul Yeung | Bloomberg via Getty Images Asia-Pacific markets fell Friday following a volatile session on Wall Street overnight, as investors continued to parse the contradictor...
In this article .HSI .N225 .AXJO Follow your favorite stocks CREATE FREE ACCOUNT Pedestrians walk past the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 23, 2021. Paul Yeung | Bloomberg via Getty Images Asia-Pacific markets fell Friday following a volatile session on Wall Street overnight, as investors continued to parse the contradictory messaging on the Middle East from the U.S. and Iran. President Donald Trump extended his Friday deadline to attack Iran's energy infrastructure by 10 days to April 6 to allow more time for negotiations. The extension was at the request of the government of the Islamic Republic, Trump said, and it was granted in exchange for 10 oil tankers that passed through the Strait of Hormuz as a "present" from Tehran. "As per Iranian Government request, please let this statement serve to represent that I am pausing the period of Energy Plant destruction," Trump said in a Truth Social post. "Talks are ongoing and, despite erroneous statements to the contrary by the Fake News Media, and others, they are going very well," Trump added. Washington has in recent days signaled it wants a negotiated end to the conflict and insisted that peace talks with the Islamic Republic had been ongoing. Tehran has denied that it is in direct talks with the U.S. Oil prices rose Thursday but later showed signs of easing amid signs of progress towards a U.S.-Iran peace deal. The West Texas Intermediate for May delivery was last down 1.3% at $93.29 per barrel as of 7:03 p.m. ET, while international benchmark Brent crude oil futures settled at $108.01 a barrel. Australia's S&P/ASX 200 fell 0.42% in early Asia trade. Japan's Nikkei 225 slipped 0.9%, and the broad-based Topix slid 0.4%. South Korea's blue-chip Kospi dropped 3% and the small-cap Kosdaq fell 1.5%. Hong Kong Hang Seng index futures were at 24,782, lower than the index's last close of 24,856.43. China is set to release industrial profit figures fo...
SMIC, China's largest chipmaker, has sent chipmaking tools to Iran's military, two senior Trump administration officials said on Thursday, raising questions about Beijing's stance in the month-old U.S.-Israeli conflict with Iran. SMIC, which has been heavily sanctioned by the U.S. government over alleged ties to the Chinese military, began sending the tools to Iran roughly a year ago and "we hav...
SMIC, China's largest chipmaker, has sent chipmaking tools to Iran's military, two senior Trump administration officials said on Thursday, raising questions about Beijing's stance in the month-old U.S.-Israeli conflict with Iran. SMIC, which has been heavily sanctioned by the U.S. government over alleged ties to the Chinese military, began sending the tools to Iran roughly a year ago and "we have no reason to believe that any of this has stopped," one of the officials said. The official added that the collaboration "almost certainly included technical training on SMIC's semiconductor technology."