Thailand vowed on Wednesday to tighten oversight of tourists’ behaviour after a series of incidents involving foreigners caught having sex in public, warning they damaged the country’s image. Tourism is vital to the Southeast Asian nation’s economy but foreign arrivals are yet to return to their pre-Covid highs. Visitors displaying “inappropriate behaviour”, including illicit drug use, would face ...
Thailand vowed on Wednesday to tighten oversight of tourists’ behaviour after a series of incidents involving foreigners caught having sex in public, warning they damaged the country’s image. Tourism is vital to the Southeast Asian nation’s economy but foreign arrivals are yet to return to their pre-Covid highs. Visitors displaying “inappropriate behaviour”, including illicit drug use, would face prosecution as it “contradicts the beautiful culture of Thailand”, the prime minister’s office said...
O2 Arena, London The ambition of 2025 album Lux is scaled up even bigger by the Catalan megastar, delivered with operatic vocals and en pointe ballet moves as well as funny asides and glasses of wine Wrapped in a vast white sheet, Rosalía is telling the audience a story about her youthful dreams of performing in London, undaunted by the fact that her English is, as she puts it “a little bit rat-a-...
O2 Arena, London The ambition of 2025 album Lux is scaled up even bigger by the Catalan megastar, delivered with operatic vocals and en pointe ballet moves as well as funny asides and glasses of wine Wrapped in a vast white sheet, Rosalía is telling the audience a story about her youthful dreams of performing in London, undaunted by the fact that her English is, as she puts it “a little bit rat-a-tah”. It turns out her real ambition was to sing at the Royal Albert Hall – “which I’ve never done” – but no matter: “I have sold out two nights at the O2!” she cries triumphantly. “Crazy, crazy,” she adds, shaking her head. You can understand the Catalan singer’s surprise. We are supposed to live in a hopelessly risk-averse era for pop, where what audiences are deemed to want is more of the same. While you might have expected her fourth album, Lux , to be greeted with critical hosannahs, the fact that she’s managed to fill one of the UK’s biggest venues twice off the back of a song cycle based on the lives of various female saints, sung in 13 different languages, and set to music that conjoined lavish orchestration with leftfield electronica – and provoked a debate about whether the results should be filed under classical rather than pop – seems pretty improbable. Continue reading...
JHVEPhoto/iStock Editorial via Getty Images I believe that the financials of any company are always only a derivative of its underlying products. To understand the future of financial flows of an asset, one must first understand the future of its base product. Today, looking at the chart of Adobe ( ADBE ), we see a classic paradox: the capitalization fell to $100 billion, and the forward multiple ...
JHVEPhoto/iStock Editorial via Getty Images I believe that the financials of any company are always only a derivative of its underlying products. To understand the future of financial flows of an asset, one must first understand the future of its base product. Today, looking at the chart of Adobe ( ADBE ), we see a classic paradox: the capitalization fell to $100 billion, and the forward multiple P/E compressed to 10.4x–12x (against an average of 44x for the last 10 years). Against this backdrop, many analysts are issuing a consensus ' Buy ' rating and " Strong Buy, " arguing this by an extreme cheapness. Frankly, almost no one is calling to sell. However, the market does not value the company cheaply for no reason. Adobe's problem is not about market conditions but rather that in perspective its ecosystem can rapidly lose its uniqueness under the pressure of generative artificial intelligence. But instead of throwing all resources into defending its technological edge, the leadership of the company, it seems, chooses the path of financial engineering, planning to funnel profits into massive share buybacks of $25 billion . Short-term support of the share price here and now will be, figuratively speaking, diverting critical capital away from vital research and development (R&D). Because this money is not being invested into technologies. The conclusion, perhaps, is harsh: without a competitive product there will be neither revenue nor margins, meaning that in a few years this asset risks being fundamentally depreciated. Erosion of product and how AI destroys the effect of scale of Adobe Historically, Adobe offered a magnificent product. As of 2021, the ecosystem of Photoshop, Premiere, and Illustrator was almost without alternatives. The company sold a complex but necessary set of instruments—the " brushes and paints " of the digital era. The user paid for the very process of work. But the era of AI completely changes this paradigm. It assumes that in the future arti...
Palmer Square Capital BDC press release ( PSBD ): Q1 net investment income of $11M or $0.35 per share for the first quarter of 2026, compared to $12.9M or $0.40 per share for the prior year period. Net asset value of $13.30 per share as of March 31, 2026, compared to $14.85 per share as of December 31, 2025. Total net realized and unrealized losses of $48.3M for the first quarter of 2026, compared...
Palmer Square Capital BDC press release ( PSBD ): Q1 net investment income of $11M or $0.35 per share for the first quarter of 2026, compared to $12.9M or $0.40 per share for the prior year period. Net asset value of $13.30 per share as of March 31, 2026, compared to $14.85 per share as of December 31, 2025. Total net realized and unrealized losses of $48.3M for the first quarter of 2026, compared to losses of $21.3M for the first quarter of 2025. More on Palmer Square Capital BDC Palmer Square Capital BDC Inc. (PSBD) Q4 2025 Earnings Call Transcript Palmer Square Capital BDC Inc. 2025 Q4 - Results - Earnings Call Presentation Palmer Square Capital BDC: Trading At A Massive Discount For A Reason Palmer Square Capital BDC signals continued high yield and portfolio diversification amid volatile credit markets Palmer Square Capital BDC GAAP EPS of $1.66
(RTTNews) - Wednesday, Madrigal Pharmaceuticals, Inc. (MDGL) announced its first-quarter financial results, reporting a net loss of $94.4 million, or $3.25 a share, compared to $73.2 million, or $2.61 a share, in the previous year.
(RTTNews) - Wednesday, Madrigal Pharmaceuticals, Inc. (MDGL) announced its first-quarter financial results, reporting a net loss of $94.4 million, or $3.25 a share, compared to $73.2 million, or $2.61 a share, in the previous year.
*Other Operating Data Consensus Source: Bloomberg More on Disney Disney: Take A 'Wait And See' Approach Ahead Of Earnings Disney And Netflix: Both Names Look Attractive Disney: Succession Plan Underway Disney rallies after posting growth across all segments in FQ2 Disney Non-GAAP EPS of $1.57 beats by $0.07, revenue of $25.17B beats by $320M
*Other Operating Data Consensus Source: Bloomberg More on Disney Disney: Take A 'Wait And See' Approach Ahead Of Earnings Disney And Netflix: Both Names Look Attractive Disney: Succession Plan Underway Disney rallies after posting growth across all segments in FQ2 Disney Non-GAAP EPS of $1.57 beats by $0.07, revenue of $25.17B beats by $320M