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Eviden selected by the European Cybersecurity Competence Center and Network for its solutions for testing the cyber resistance of critical systems
Globenewswire· 2025-11-20 10:00
Core Insights - Eviden has been selected by the European Cybersecurity Competence Center and Network (ECCC) to enhance the cyber protection and resilience of critical infrastructures in Europe [1][5] - The initiative aims to foster a strong community around cybersecurity by promoting collaboration and innovative solutions across Europe [2] - The CIPHER consortium, led by Eviden, includes 13 partners from 7 European countries, focusing on a multi-sectoral approach to improve Europe's cyber resilience [3][4] Company Overview - Eviden is a product brand of Atos Group, specializing in advanced computing, cybersecurity products, mission-critical systems, and vision AI, with approximately €1 billion in revenue [10] - The company operates in 36 countries and employs over 4,500 professionals, holding more than 2,100 patents [10] - Eviden's expertise in applied cybersecurity, particularly in mission-critical systems and radio communications, supports the ECCC's objectives under the NIS2 directive [5][6] CIPHER Platform Development - The CIPHER platform will feature an automated vulnerability assessment mechanism to continuously identify system vulnerabilities, enriched with threat intelligence data [7] - It will also include an automated penetration testing framework to simulate real-world attack scenarios, enhancing the security posture of critical assets [8] - The solution will adhere to ethical and sustainability principles promoted by the EU, ensuring compliance with the EU AI Act and GDPR [9] Strategic Importance - The collaboration with ECCC reflects Eviden's role in strengthening the cybersecurity capabilities of essential services, particularly against sophisticated cyber threats [10] - The initiative aims to improve the operational availability of systems and data confidentiality, addressing the increasing complexity of cybersecurity audits [6]
Vipshop Reports Unaudited Third Quarter 2025 Financial Results
Prnewswire· 2025-11-20 10:00
Core Viewpoint - Vipshop Holdings Limited has successfully regained business growth in Q3 2025, driven by positive customer momentum and strategic organizational realignment, with a focus on technology and AI to enhance efficiency and growth potential [3][4]. Financial Performance - Total net revenues for Q3 2025 increased by 3.4% year over year to RMB21.4 billion (US$3.0 billion) from RMB20.7 billion in the prior year period [4][7]. - Gross profit for Q3 2025 was RMB4.9 billion (US$689.6 million), with a gross margin of 23.0%, down from 24.0% in the prior year [5][10]. - Net income attributable to Vipshop's shareholders for Q3 2025 increased by 16.8% year over year to RMB1.2 billion (US$171.5 million) from RMB1.0 billion in the prior year [10][11]. - Non-GAAP net income attributable to Vipshop's shareholders for Q3 2025 increased by 14.6% year over year to RMB1.5 billion (US$210.9 million) from RMB1.3 billion in the prior year [11][10]. Customer Metrics - The number of active customers for Q3 2025 increased by 1.3% year over year to 40.1 million from 39.6 million in the prior year [7][10]. - Total orders for Q3 2025 increased by 1.5% year over year to 166.4 million from 163.9 million in the prior year [7]. Operating Expenses - Total operating expenses for Q3 2025 were RMB3.9 billion (US$554.2 million), compared to RMB3.8 billion in the prior year period, representing 18.5% of total net revenues [6][10]. - Fulfillment expenses for Q3 2025 were RMB1.9 billion (US$260.6 million), up from RMB1.7 billion in the prior year, accounting for 8.7% of total net revenues [14][10]. Cash Flow and Balance Sheet - As of September 30, 2025, the company had cash and cash equivalents of RMB25.1 billion (US$3.5 billion) and short-term investments of RMB5.9 billion (US$831.7 million) [13]. - Net cash generated from operating activities for Q3 2025 was RMB1.7 billion (US$241.0 million) [13]. Share Repurchase Program - During Q3 2025, the company repurchased US$24.6 million of its ADSs under its US$1.0 billion share repurchase program, with an unutilized amount of US$621.4 million remaining [16]. Business Outlook - For Q4 2025, the company expects total net revenues to be between RMB33.2 billion and RMB34.9 billion, reflecting a year-over-year increase of approximately 0% to 5% [18].
Nokia and NestAI announce strategic partnership and NestAI raises €100m to accelerate physical AI innovation
Globenewswire· 2025-11-20 10:00
Core Insights - Nokia and NestAI have formed a strategic partnership to enhance AI-powered defense solutions, with a combined investment of €100 million from Nokia and Tesi [1][8] - The partnership aims to innovate AI-native solutions for defense by leveraging Nokia's secure connectivity and NestAI's expertise in unmanned systems and command-and-control platforms [3][4] - NestAI is recognized as a rapidly growing physical AI lab in Europe, focusing on mission-critical applications across various domains including logistics, security, and defense [9] Group 1: Partnership and Investment - The strategic partnership between Nokia and NestAI is designed to accelerate the development of AI capabilities in unmanned systems and data-centric command-and-control systems [3][4] - Tesi's investment in NestAI reflects a commitment to support Finnish companies with significant potential in strategically important sectors [6] Group 2: Technological Focus - The collaboration will combine Nokia's expertise in secure, AI-native connectivity with NestAI's platforms to enhance operational effectiveness in defense [4][7] - NestAI's focus on open, modular, and interoperable platforms aims to build resilient AI technologies for real-world applications [9] Group 3: Industry Context - Connectivity is increasingly viewed as a strategic asset in defense, enabling faster and more informed decision-making through AI-driven technologies [2] - The partnership aligns with the broader goal of strengthening Europe's security and technological leadership in defense and critical infrastructure [5]
Where Will Robinhood Stock Be in 10 Years?
The Motley Fool· 2025-11-20 09:59
The online brokerage could expand and evolve into a more diversified fintech giant.Robinhood (HOOD +3.37%), which was founded in 2013, disrupted the online brokerage market with its commission-free trades and gamified approach to investing. It became a household name during the pandemic as a mix of low interest rates, stimulus checks, and social media buzz drove a new generation of retail investors to its app.Robinhood went public at $38 per share in 2021. Its stock went through some wild swings over the ne ...
Acquisition of Property Located at Ørbækvej 232, 5220 Odense SØ, Denmark
Globenewswire· 2025-11-20 09:59
Acquisition Details - A specially purpose vehicle (SPV) has acquired a property located at Ørbækvej 232, 5220 Odense SØ, Denmark for EUR 3,358,000 (DKK 25,050,000) excluding acquisition costs, with ownership transfer effective as of 31 December 2025 [1] - The acquisition is fully financed by Ringkjøbing Landbobank [1] Lease Agreement - The property is leased to Burger King (Nordic Service Partners A/S) under a non-terminable lease agreement running until 1 October 2036, providing an annual net rental income of approximately EUR 215,000 (DKK 1,600,000) [2] - Following final registration, the SPV will be a 100% owned subsidiary of German High Street Properties A/S [2]
Gabriel delivers solid improvement in key figures in the financial year 2024/25
Globenewswire· 2025-11-20 09:57
Core Insights - Gabriel Group demonstrated solid improvement in key financial figures for the 2024/25 financial year, with revenue growth and significant profit improvement in continuing operations, while restructuring efforts are ongoing in the discontinued operations in Mexico [1][2][3]. Financial Performance - In the 2024/25 financial year, Gabriel Group reported revenue of DKK 902.7 million, a slight decrease from DKK 912.3 million in 2023/24. However, operating profit (EBIT) increased to DKK 28.2 million from DKK 10.9 million in the previous year [2]. - Continuing operations generated revenue of DKK 516.0 million, up from DKK 483.5 million, reflecting a growth of DKK 32.5 million (7%). Operating profit (EBIT) for continuing operations was DKK 44.1 million, compared to DKK 19.7 million in the prior year [6][8]. - The operating profit margin (EBIT margin) improved to 8.5% from 4.1%, and profit before tax rose to DKK 33.8 million from DKK 4.0 million. Profit after tax also improved to DKK 24.8 million from a loss of DKK 1.5 million [8]. Business Operations - The strong performance in continuing operations was attributed to growth in the global textile business across North America, Europe, and Asia, alongside stable revenue from the SampleMaster business unit [6]. - The FurnMaster business unit in Mexico is undergoing restructuring, which has negatively impacted its results. The company plans to divest the FurnMaster business units, which are classified as discontinued activities, with expectations for a sale to be completed in the financial year 2025/26 [4][10]. Future Expectations - Management anticipates that challenging market conditions will persist in the 2025/26 financial year, primarily due to ongoing geopolitical risks. However, they expect the trend of revenue and profit growth in continuing operations to continue [10]. - Revenue from continuing operations is projected to be between DKK 510–550 million, with a primary profit (EBIT) expected in the range of DKK 40–50 million for the upcoming financial year [11].
Global tech stocks climb as Nvidia results spark relief rally soothing AI bubble concerns
CNBC· 2025-11-20 09:56
Group 1: Market Reactions - Investors showed strong interest in tech stocks during premarket trading, with notable gains in companies like AMD (up 5%), Arm (up almost 4%), and Nvidia (up 5%) following positive earnings reports [1][2] - European semiconductor firms also experienced upward movement, with BESI and ASMI rising over 3% and 2%, respectively, and ASML gaining 2.1% [1] Group 2: Nvidia's Performance - Nvidia reported a remarkable 62% year-on-year revenue increase, reaching $57.01 billion, and provided a stronger-than-expected sales guidance for the fourth quarter, boosting investor confidence in the AI sector [2] - The significant growth in Nvidia's data center revenue, projected to reach $280 billion next year compared to $15 billion three years ago, highlights the company's exceptional performance [3] Group 3: Investment Trends and Concerns - There is a growing trend among companies to invest heavily in AI, as seen with Nvidia and Microsoft's commitment to invest up to $15 billion in Anthropic, a competitor to OpenAI [3] - Concerns were raised about the interconnectedness of the AI ecosystem, with potential risks if a bubble were to burst, although companies are noted to have strong balance sheets and robust investors [4][5]
Nvidia surges, boosting market cap by billions, while analysts cheer Q3 results and outlook
Seeking Alpha· 2025-11-20 09:55
Shares of Nvidia (NVDA) jumped about 5% premarket on Thursday after an "exceptional" quarter and "stellar" guidance, boosting its market cap by billions of dollars. "Nvidia Corporation is upgraded to a "cautious Buy" after strong Q3 earnings and stellar Q4 guidance reinforce ...
India's TCS, TPG partner to invest $2 billion in AI data centre JV
Reuters· 2025-11-20 09:52
India's Tata Consultancy Services and private equity firm TPG will form a joint venture to develop AI data centres, TCS said on Thursday, with both partners set to invest a total of 180 billion rupees... ...
Nvidia's Earnings Lifeline: How Chipmaker's Win Pulled Broader 'Risk-On' Assets Caught In AI Crossfire - NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-11-20 09:51
Nvidia Corp.‘s (NASDAQ:NVDA) blockbuster third-quarter earnings on Nov. 19 delivered a rebuke to the mounting chorus of AI bubble warnings, igniting a swift “risk-on” rally that rippled across disparate asset classes.Check out NVDA’s stock price here.NVDA Earnings Defy AI Bubble ChorusThis broad market reprieve defied dire predictions from a cadre of experts who have likened the AI frenzy to the dot-com debacle. OpenAI CEO Sam Altman warned in August that investors are “overexcited,” echoing Bridgewater’s f ...