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5th Timor-Leste Energy, Mining & Business Forum 2025 Opens with Record Participation and Strong Global Investor Interest
Newsfile· 2025-11-25 00:33
5th Timor-Leste Energy, Mining & Business Forum 2025 Opens with Record Participation and Strong Global Investor InterestNovember 24, 2025 7:33 PM EST | Source: IN-VR LimitedLondon, United Kingdom--(Newsfile Corp. - November 24, 2025) - (The Energy Circle by IN-VR) - The 5th Timor-Leste Energy, Mining & Business Forum 2025 opened today in Dili with unprecedented international participation and renewed commitment from the highest levels of government. More than 400 delegates joined the first day ...
Google, Accel partner to back Indian AI startups
Reuters· 2025-11-25 00:32
Core Insights - Alphabet's Google is partnering with venture capital firm Accel to fund at least 10 early-stage AI startups in India, marking its first funding partnership of this kind [1] Group 1 - The partnership aims to support the growth of the AI ecosystem in India, highlighting the increasing interest of U.S. technology firms in the Indian startup landscape [1] - This initiative reflects a broader trend of investment in artificial intelligence, particularly in emerging markets [1] - The collaboration is expected to provide not only financial support but also mentorship and resources to the selected startups [1]
SYMBOTIC INC (SYM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-11-25 00:31
Core Insights - Symbotic Inc. reported revenue of $618.46 million for the quarter ended September 2025, marking a year-over-year increase of 7.2% and exceeding the Zacks Consensus Estimate of $600.16 million by 3.05% [1] - The company achieved an EPS of $0.53, a significant increase from $0.05 a year ago, resulting in an EPS surprise of 657.14% compared to the consensus estimate of $0.07 [1] Revenue Breakdown - Software maintenance and support revenue was reported at $9.27 million, below the estimated $10.22 million [4] - Systems revenue reached $582.33 million, surpassing the estimated $562.73 million [4] - Operation services revenue was $26.86 million, which fell short of the estimated $31.56 million [4] Stock Performance - Over the past month, shares of Symbotic Inc. have declined by 17.6%, contrasting with a 1.8% decrease in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Zoom (ZM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-11-25 00:31
Core Insights - Zoom Communications reported $1.23 billion in revenue for the quarter ended October 2025, marking a year-over-year increase of 4.4% and an EPS of $1.52 compared to $1.38 a year ago, exceeding the Zacks Consensus Estimate of $1.21 billion by 1.4% [1] - The company delivered an EPS surprise of 6.29%, with the consensus EPS estimate being $1.43 [1] Financial Performance Metrics - Zoom's shares have returned -6.7% over the past month, while the Zacks S&P 500 composite changed by -1.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3] Customer and Revenue Metrics - The number of enterprise customers reached 185,100, slightly below the four-analyst average estimate of 185,888 [4] - Customers generating over $100K in TTM revenue totaled 4,363, exceeding the three-analyst average estimate of 4,341 [4] - Current Remaining Performance Obligation (RPO) stands at $2.41 billion, compared to the $2.44 billion average estimate [4] - Total Remaining Performance Obligations (RPO) are $4.02 billion, surpassing the two-analyst average estimate of $3.96 billion [4] - Non-Current Remaining Performance Obligation (RPO) is $1.61 billion, above the two-analyst average estimate of $1.51 billion [4] - Online revenue reached $488.4 million, exceeding the three-analyst average estimate of $482.58 million [4] - Enterprise revenue was reported at $741.4 million, also above the three-analyst average estimate of $730.97 million [4]
Shopify Fires ‘Single-Digit Number' of Salespeople After Investigating Their Sales Projections
PYMNTS.com· 2025-11-25 00:30
Core Insights - Shopify terminated fewer than 10 employees for faking sales projections to boost their commissions, leading to a significant discrepancy in expected versus actual sales [1][2][3] - The internal investigation revealed that the gap between promised sales and actual sales amounted to at least tens of millions of dollars [2] - Shopify's commission structure was exploited by the salespeople, which was based on projected annual sales of new merchants [3] Financial Performance - In Q3, Shopify processed approximately $29 billion in gross merchandise volume (GMV), reflecting a 67% year-over-year increase [3] - Payments penetration reached 65% of GMV during the same period [3] - Shopify Capital reported $1.73 billion in outstanding loans and merchant cash advances, up from $1.22 billion at the end of 2024, indicating a 42% increase in demand among merchants [4] Consumer Demand - Consumer demand remains resilient, as indicated by Shopify President Harley Finkelstein, who noted that shoppers continue to buy and return across various channels and categories [4] - The embedded nature of Shopify Capital allows merchants to access funds and repay them dynamically based on daily sales, with 91.9% of the loan portfolio current at the end of Q3, down from 93.7% at the end of the previous year [5]
Micron Technology: Top Stock To Watch For 2026 From My Quant 'Dean's List'
Seeking Alpha· 2025-11-25 00:29
Group 1 - The article introduces a "Dean's List" for 2025, highlighting a select group of companies with high Quant grades across various metrics such as valuation, growth, profitability, momentum, and EPS revisions [1] - The concept of the Dean's List is inspired by academic recognition for students achieving a GPA of 3.5 or higher, indicating a focus on high-performing companies [1] Group 2 - Dr. Joseph E. Jones, a professor at The University of Southern Mississippi, emphasizes a dividend growth investment perspective in his research on portfolio construction [1]
Amazon pushes in-house AI coding tool Kiro over competitors', memo shows
Reuters· 2025-11-25 00:29
Core Insights - Amazon is encouraging its engineers to avoid third-party AI code generation tools and instead utilize its proprietary Kiro service, which was launched in July [1] Company Strategy - The move aims to strengthen the adoption and development of Amazon's own AI tools, positioning Kiro as a competitive alternative to existing third-party solutions [1]
Bon Intelligence Inc. Provides Update on Licensing Activities with INEO Solutions Inc.
Newsfile· 2025-11-25 00:26
Core Points - Bon Intelligence Inc. is providing an update on its licensing arrangement with INEO Solutions Inc., a subsidiary of INEO Tech Corp [1] - The company has received inquiries from prospective and existing customers regarding technical and certification documentation for the INEO Welcoming System [2] - Bon has requested supporting documents from INEO to address customer questions, but several materials are still outstanding [3] - Due to the lack of received documentation, Bon is temporarily pausing certain licensing-related activities, including product integration and deployment planning [3] - This pause does not impact existing client installations, and Bon remains committed to collaborating with INEO for smooth upcoming deployments [4] - The company expects to resume full licensing activities once the requested documentation is received and reviewed [4]
Stablecoin surge signals growing volatility fear in crypto market
Youtube· 2025-11-25 00:25
Bitcoin is closing higher today as it tries to rebound following a very volatile week. Mackenzie Sagalas has the numbers for us. Hi Mac.Hey Morgan. So the crypto market is coming back strong, moving in lock step with the NASDAQ 100. Bitcoin trading near that 89k mark and crypto pegged equities are rallying alongside it.Miners, exchanges like Coinbase and Robin Hood and even digital asset treasury plays are pairing last week's losses. Tom Lee's Bitmine Immersion and Ether Proxy is up more than 18% outpacing ...
INEO Announces Filing of a Rights Offering Circular
Newsfile· 2025-11-25 00:25
Surrey, British Columbia--(Newsfile Corp. - November 24, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO") announces that it has filed a rights offering circular (the "Circular") and a rights offering notice (the "Notice") with respect to INEO's offering of rights (the "Rights Offering") to holders of common shares ("Common Shares") of record as of the close of market on December 2, 2025 (the "Record Date").Pursuant to the Rights Offering, holders of Common Shares ("Shareholders ...