VWAGY's Lamborghini Drops EV Launch, Accelerates PHEV Strategy
ZACKS· 2026-02-26 17:21
Key Takeaways Lamborghini drops its fully electric Lanzador, shifting the model to a PHEV strategy.Lamborghini cites limited demand and buyers' preference for V8 and V12 performance.VWAGY unit targets a fully hybrid lineup by 2030, delaying pure EV plans.Volkswagen (VWAGY) -owned Lamborghini has dropped plans to introduce its first fully electric vehicle (EV), marking a major shift in its electrification strategy. The move comes after an internal assessment of customer demand and overall market readiness fo ...
Zoom CEO Eric Yuan: Human to human interactions are still essential in the AI era
Youtube· 2026-02-26 17:21
Core Viewpoint - Zoom's fourth quarter earnings report is perceived as mixed, leading to a decline in share prices despite a solid revenue growth of 5.3% in the enterprise segment and 7.1% overall [1][8]. Group 1: Importance of AI - In the age of AI, Zoom is positioned to become more essential by bridging human-to-human interactions with system actions, streamlining workflows that traditionally require manual updates [2][4]. - The company emphasizes that human-to-human interactions remain crucial for driving business outcomes, while AI can enhance human-to-system interactions by automating tasks [4][6]. Group 2: Monetization and Market Position - Zoom is confident in its ability to monetize its technology in the near term, leveraging its unique position in facilitating human interactions [6][8]. - The company acknowledges concerns regarding competition from various AI applications but maintains a focus on its core strength in human interactions [7][8]. Group 3: Financial Performance and Investments - Despite missing earnings per share (EPS) expectations due to tax issues, the company expresses confidence in future growth, particularly looking towards fiscal year 2027 [8]. - Zoom holds a stake in Anthropic, which has generated a significant pre-tax gain of $532 million in Q4, but the company is not considering selling this stake at the moment [9].
Average US long-term mortgage rate dips below 6% for the first time since late 2022
ABC News· 2026-02-26 17:20
The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rollingFILE - A sign is posted for a new home for sale in Ambler, Pa., Oct. 16, 2025. (AP Photo/Matt Rourke, File)The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rolling.The benchmark 30-year fixed rate mortgage rate fell ...
Salesforce hikes buyback to $50 billion
Youtube· 2026-02-26 17:20
Let's turn to the moves in a few high-profile software names. Salesforce and Snowflake out with their results. Sema Modi with us now and has more on the readthrough.Sema, a nice bounce here with these two software names. I think for Salesforce, the big focus is on Agent Force, that AI pl agent platform that continues to gain momentum as we saw in this quarter with annual reoccurring revenue jumping to $800 million from 540 in the previous quarter. And over 60% of new bookings are coming from existing custom ...
Walmart to pay $100 million to settle FTC allegations over deceptive practices for delivery drivers
Yahoo Finance· 2026-02-26 17:19
NEW YORK (AP) — Walmart Inc. (WMT) has agreed to pay $100 million to settle allegations from the U.S. Federal Trade Commission that the retailer caused delivery drivers to lose tens of millions of dollars’ worth of earnings, by deceiving them about the base pay, incentive pay and tips they could make, the commission said in a statement on Thursday. Joined by 11 states — Arizona, California, Colorado, Illinois, Michigan, North Carolina, Oklahoma, Pennsylvania, South Carolina, Utah and Wisconsin — the F ...
Nvidia's exposure to Anthropic and OpenAI is beneficial for the company, says Melius' Ben Reitzes
Youtube· 2026-02-26 17:19
Although Ben, I mean, the way you set it up in terms of this undisprovable idea that the hyperscalers may have to throttle back on spending, it it kind of counters the idea that Nvidia was shelter from the troubles of the hyperscalers or the burdens on them or the worse earnings uh you know kind of quality of those companies because Nvidia down the road is going to be subject to whatever vulnerabilities show up in those business models. Well, well, you know, potentially. I mean, the the thing about Nvidia t ...
Celsius Rockets Higher After Blowout Q4 Earnings Report
247Wallst· 2026-02-26 17:18
Computer][SMCI]• Vol: 14,132,066-$1.935.74%$31.67[Lam Research][LRCX]• Vol: 4,227,087-$14.115.66%$235.37 Celsius Rockets Higher After Blowout Q4 Earnings Report - 24/7 Wall St.[S&P 5006,882.50 -1.21%][Dow Jones49,313.20 -0.31%][Nasdaq 10024,923.80 -1.95%][Russell 20002,649.63 -0.59%][FTSE 10010,836.30 +0.20%][Nikkei 22558,492.40 -2.50%][Stock Market Live February 26, 2026: S&P 500 (SPY) Flat as Markets Digest Nvidia Earnings][Investing]# Celsius Rockets Higher After Blowout Q4 Earnings Report### Quick ReadC ...
What's Driving Teladoc Health's Rally?
Benzinga· 2026-02-26 17:18
Teladoc Health (NYSE:TDOC) shares are up on Thursday following the company’s latest earnings report, which highlighted a mix of revenue changes across its segments.The stock is moving higher as the broader market is experiencing a mixed day, with the Nasdaq down 1.57% and the S&P 500 down 0.87%, indicating that the positive movement in Teladoc may be driven by company-specific factors rather than overall market trends.Performance HighlightsTeladoc Health reported a quarterly loss of 14 cents per share, comp ...
Stellantis reports first annual loss since 2021 as it retreats from EV targets
Proactiveinvestors NA· 2026-02-26 17:17
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
There Is Hidden Risk in the Stock Market. Watch These Warning Signals.
Barrons· 2026-02-26 17:17
A muted VIX masks roiling volatility elsewhere in the market. It's worth watching. ...