Amazon Shares Plunge After Q4 Earnings Results And Aggressive 2026 AI Spending Forecast
Deadline· 2026-02-05 21:32
Core Viewpoint - Amazon's shares experienced a significant decline following the release of mixed fourth-quarter earnings and an aggressive forecast for AI spending in 2026, which exceeded analyst expectations by a substantial margin [1][2]. Financial Performance - Revenue for the fourth quarter rose 14% year-over-year to $213.4 billion, slightly surpassing Wall Street analysts' consensus estimates [1]. - Earnings per share for the quarter were reported at $1.95 on a diluted basis, missing expectations by one cent [1]. Stock Market Reaction - Amazon's stock fell 4% during regular trading and an additional 7% in after-hours trading after the earnings report was released [2]. AI Investment Strategy - The company announced plans to invest $200 billion in AI by 2026, which is over $55 billion more than what analysts had anticipated [2]. - CEO Andy Jassy emphasized that the substantial capital expenditure is justified by strong demand for existing offerings and significant opportunities in AI, chips, robotics, and low earth orbit satellites [4]. Advertising and Viewership Growth - The holiday quarter saw Prime Video achieve record viewership for Thursday Night Football, averaging 15.33 million viewers per game across 15 regular-season games [5]. - Prime Video also began streaming NBA games as part of an 11-year deal initiated last October [5]. - Advertising revenue for Prime increased by 22% year-over-year, reaching $21.3 billion, marking the latest in a series of quarterly increases exceeding 20% [6].
American Pacific Announces Closing of $9.75M Non-Brokered LIFE Financing
TMX Newsfile· 2026-02-05 21:32
Core Viewpoint - American Pacific Mining Corp has successfully closed a non-brokered private placement, raising approximately $9.75 million through the issuance of 44,318,182 units at a price of $0.22 per unit, which positions the company for its upcoming drill program at the Madison Copper-Gold Project in Montana [1][3]. Financing Details - The private placement consisted of units that include one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.32 until February 5, 2029 [2]. - The company incurred finder's fees totaling $623,431.60 in cash and issued 2,747,780 finder's warrants, which are non-transferable and exercisable at prices of $0.22 and $0.32 per share until the expiry date [3]. Use of Proceeds - The net proceeds from the offering will be allocated towards exploration and development of the Madison Copper-Gold Project, other mineral exploration projects, and general corporate purposes [4]. Regulatory Compliance - The private placement was conducted under the listed issuer financing exemption and applicable private placement exemptions in Canada and the United States, ensuring that the securities issued are not subject to a hold period under Canadian securities laws [5]. Company Overview - American Pacific Mining Corp is focused on precious and base metals exploration in the Western United States, with its flagship asset being the Madison Copper-Gold Project in Montana. The company has also established a significant equity position in the Palmer Copper-Zinc VMS Project in Alaska [8].
Pizza Hut Is Shutting 250 Restaurants. Here's Why.
Investopedia· 2026-02-05 21:31
Core Insights - Yum! Brands is conducting a strategic review of Pizza Hut, which may include selling the brand due to declining same-store sales [1][1] - The company plans to close 250 out of 20,000 U.S. Pizza Hut locations in the first half of the year as part of this review [1][1] - Pizza Hut's core operating profit is projected to decline by 15% in the first quarter as Yum! Brands invests in marketing and other initiatives to boost sales [1][1] Financial Performance - Yum! Brands reported $2.5 billion in revenue, a 6% increase year-over-year, slightly below analyst expectations [1][1] - Adjusted earnings per share were approximately $1.73, aligning with consensus estimates [1][1] Market Context - Increased competition and consumer demand for value offerings have negatively impacted Pizza Hut's sales, which saw a 3% year-over-year decline in domestic same-store sales in the fourth quarter [1][1] - The brand experienced prior declines of 6% and 5% in same-store sales in earlier quarters of the year [1][1]
Affirm reports second fiscal quarter 2026 results
Businesswire· 2026-02-05 21:30
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) ("Affirm†or the "Company†) today reported financial results for its fiscal 2026 second quarter ended December 31, 2025. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the "Quarterly Results†section of the Company's investor relations website at https://investors.affirm.com/. Affirm will host a conference call and webcast to discuss its fin. ...
Information Regarding the Total Number of Voting Rights and Total Number of Shares of the Company as of January 31, 2026
Globenewswire· 2026-02-05 21:30
Information Regarding the Total Number of Voting Rights and Total Number of Shares of the Company as of January 31, 2026 (Article 223-16 of the General Regulations of the Autorité des Marchés Financiers) Market : NYSE Euronext Paris ISIN Code: FR 0010417345 Date Total number of shares Total number of voting rights01/31/2026 274,852,082 Total gross of voting rights: 274,852,082 Total net* of voting rights: 274,792,237 * Net total = total number of voting rights attached to shares – shares without voting ...
Tech Earnings: Google's Spending, Arm's AI Data Center Push | Bloomberg Tech 2/5/2026
Youtube· 2026-02-05 21:30
>> "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: COMING UP, QUALCOMM OUT WITH EARNINGS. WE ARE BREAKING IT DOWN WITH THE CEOS.CAROLINE: RECORD SPENDING PLANS HIT GOOGLE DESPITE STRONG EARNINGS. ED: BITCOIN FALLS BELOW $70,000 FOR THE FIRST TIME SINCE LATE 2024. WE WILL BREAK DOWN THE NEGATIVE MOMENTUM IMPACTING CRYPTO MARKETS.CAROLINE: THAT NEGATIVE MOMENTUM IS AFFECTING MARKETS MORE BROADLY. THE NASDAQ OFF BY ONE POINT 4%. THE LOWEST SINCE N ...
iRhythm Holdings to Report Fourth Quarter and Full Year 2025 Financial Results on February 19, 2026
Globenewswire· 2026-02-05 21:30
SAN FRANCISCO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- iRhythm Holdings, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, prevent, and predict disease, today announced that it will release financial results for the fourth quarter and full year 2025 after the close of trading on Thursday, February 19, 2026. The company’s management team will host a corresponding conference call beginning at 1:30 p.m. PT / 4:30 p.m. ET. Interested parties may access a live ...
SunPower Reports Inducement Grants In Connection with Cobalt Acquisition
Globenewswire· 2026-02-05 21:30
OREM, Utah, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (“SunPower,” the “Company,” or Nasdaq: “SPWR”) a solar technology, services, and installation company, today announced that on February 2, 2026 it made inducement grants to two key employees of Cobalt Power Systems, Inc. (“Cobalt”) as a material inducement to employment with SunPower upon SunPower’s acquisition of Cobalt. The inducement grants consist of time-based restricted stock units (“RSUs”) for a total of 850,000 shares of SunPower common sto ...
Payoneer to Report Fourth Quarter and Full Year 2025 Results on February 26, 2026
Prnewswire· 2026-02-05 21:30
NEW YORK, Feb. 5, 2026 /PRNewswire/ -- Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, will report its Fourth Quarter and Full Year 2025 financial results on Thursday, February 26, 2026, before the market opens. Senior management will also host a conference call and earnings webcast to discuss financial results at 8:30 a.m. Eastern Time the same day. A live webcast and replay of the event will be available on the Payoneer Investor Relati ...
Strattec Generated $14 Million in Cash from Operations in Second Quarter Fiscal 2026
Businesswire· 2026-02-05 21:30
MILWAUKEE--(BUSINESS WIRE)--Strattec Security Corporation (Nasdaq: STRT) Generated $14 million in Cash from Operations in Second Quarter Fiscal 2026. ...