Michael Burry on Thursday issued a warning regarding Nvidia Corp.'s (NASDAQ:NVDA) massive surge in purchase obligations, claiming the chipmaker is mirroring the structural risks that led to Cisco Systems Inc.‘s (NASDAQ:CSCO) collapse during the dot-com bubble.$95 Billion Red FlagWhen combined with other supply agreements, Nvidia's total commitments now stand at approximately $117 billion.Burry argues that this isn’t a reaction to external shocks but a fundamental, risky change in how the company operates. " ...

Flutter shares tumble 12% after cautious 2026 guidance disappoints Proactive uses images sourced from Shutterstock Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), the owner of FanDuel and Paddy Power, saw its shares drop 12% to 7,972p in London after the gambling giant issued 2026 earnings guidance after hours on Thursday that fell well short of market expectations, overshadowing a broadly in-line set of full-year results. The company, which shifted its primary listing to New York, posted adjusted earni ...

Shares of Applied Optoelectronics Inc (NASDAQ:AAOI) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates.Applied Optoelectronics reported quarterly losses of 1 cent per share which beat the analyst consensus estimate of losses of 11 cents per share. The company reported quarterly sales of $134.274 million which beat the analyst consensus estimate of $134.120 million.Applied Optoelectronics ...

Atlanta, Georgia-based Intercontinental Exchange, Inc. (ICE) provides technology and data to financial institutions, corporations, and government entities in the United States and internationally. Valued at a market capitalization of $91.1 billion, the company operates through Exchanges, Fixed Income and Data Services, and Mortgage Technology segments. Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” ICE fits right into that category, with its market cap ...

Ethereum (ETH) developers have just released a glimpse of their 2029 vision, and if they pull this off, the network you use today will look unrecognizable by the end of the decade. The Ethereum Foundation has recently unveiled a draft roadmap titled ‘Strawmap’. This outlines the plan for upgrading the blockchain through 2029. While it appears to be a complex schematic of technical terms, the objective is to enhance Ethereum’s functionality. The plan focuses on two key changes: speed and ‘finality’. Curre ...

Warner Bros. Discovery Inc. is gearing up towards accepting a superior all-cash proposal from Paramount Skydance Corp., after streaming video major Netflix Inc. dropped its bid to take over the media and giant. In the latest develpoment in the merger of majors, Netflix declined to raise its offer, stating that the deal, if revised to match Paramount Skydance's suprior proposal, will no longer be financially attractive.Following the news, shares of Netflix and Paramount Skydance were gaining around 8.7 perc ...

Core Insights - Petronas has reported a profit decline for the third consecutive year, primarily due to lower oil prices impacting margins [1] - The company’s profit after tax for 2025 was 45.4 billion ringgit ($11.68 billion), down from 55.1 billion ringgit in 2024, while revenue decreased to 266.1 billion ringgit ($68.44 billion) from 320 billion ringgit [1] Financial Performance - Profit after tax for 2025: 45.4 billion ringgit ($11.68 billion) compared to 55.1 billion ringgit in 2024 [1] - Revenue for 2025: 266.1 billion ringgit ($68.44 billion), down from 320 billion ringgit [1] - Capital investments fell to 41.6 billion ringgit in 2025 from 54.2 billion ringgit in 2024 [1] Business Strategy - Petronas aims to focus on building resilience by strengthening its core hydrocarbons portfolio and expanding new businesses while managing emissions [1] - The company plans to allocate 2 billion ringgit annually for exploration over the next five years [1] Dividend and Government Contribution - Petronas paid 32 billion ringgit in dividends to the Malaysian government last year and expects to pay 20 billion ringgit this year, the lowest since 2017 [1] - The dividend payment is contingent on the company's cash flow situation [1] Emissions and Environmental Impact - Petronas reported a 2.2% increase in carbon emissions in 2025 to 56.95 million tons of CO2 equivalent, mainly due to operational changes [1] - The company achieved a 72% reduction in methane emissions, surpassing its target of 50% [1] Market Outlook - Crude oil prices are expected to remain stable between $65-$70 per barrel over the next five years [1] - The CEO indicated that margin erosion is expected to continue due to cost inflation and softening prices [1]

Core Insights - Anthropic is emerging as a leading AI disruptor, experiencing significant revenue growth and attracting substantial capital investment [1][2] - Amazon serves as the primary cloud computing partner for Anthropic, providing investors a way to gain exposure to Anthropic's growth potential [2][8] Group 1: Anthropic's Growth - Anthropic raised $30 billion in private funding and plans to go public within the year [2] - The company's annualized revenue surged from $1 billion in January 2025 to $14 billion by January 2026, marking a year-over-year growth of over 1000% [3][4] - Tools like Claude Code are enabling software development teams to significantly reduce product development time [4] Group 2: Amazon's Role - Amazon is enhancing its cloud computing capabilities to support Anthropic, including building a custom data center and collaborating on AI model training [5] - Amazon Web Services (AWS) reported a 24% year-over-year revenue growth, reaching $129 billion in sales for 2025, likely influenced by its partnership with Anthropic [6][8] - Projections suggest that if AWS continues to grow at 24% annually, it could reach $250 billion in revenue in five years, generating $86 billion in earnings from AWS alone [9]

Company Overview - Pure Storage has recently changed its name to Everpure, indicating a potential rebranding strategy aimed at refreshing its market presence [3]. Earnings Summary - The company has just reported its earnings, although specific financial figures and performance metrics were not detailed in the provided text [3].

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Sweetgreen’s already bad fortunes worsened Thursday when the company reported an 11.5% drop in same-store sales in Q4, according to an earnings release. Net losses ballooned to $49.7 million on the quarter and $134.1 million for the whole year,  The dire straits the brand now finds itself in led to its Sweet Growth Transformation Plan, an initiati ...