Larry Page cofounded Google in 1998 with fellow Stanford Ph.D. student Sergey Brin. Not only did Page co-write the search algorithm that changed online naviagation, he engraved his place on the #Forbes250 list, featuring people actively changing how America works, builds and invents.Get the full list: https://t.co/kszvRsR2NBPhoto: Justin Sullivan via Getty Images ...

Financial Data and Key Metrics Changes - The company reported adjusted earnings per share (EPS) of $3.91 for 2025, which is in the top half of the guidance range, with expectations of over 8% adjusted EPS annual growth through 2029 [4][25] - Retail sales increased approximately 4% in 2025, with industrial sales contributing a 7% increase [25][26] - The company anticipates an 8% compound annual growth rate in retail sales through 2029, driven by a 15% growth in industrial sales [5][26] Business Line Data and Key Metrics Changes - The company achieved 4% sales growth in 2025, primarily driven by industrial sales [5] - Significant electric service agreements totaling approximately 3.5 gigawatts were signed in 2025, indicating strong demand from industrial sectors [5][6] - The company has a pipeline of 7-12 gigawatts for data centers and 3-5 gigawatts for other industries, with a clear line of sight on equipment to serve 8 gigawatts of incremental load [8][12] Market Data and Key Metrics Changes - Entergy's utility remains in the first quartile for Net Promoter Score for both residential and business customers, with Entergy Texas ranked number one in customer satisfaction for business electric service in the South [5] - The company noted record employment milestones across all states in 2025, reflecting positive economic development activity [8] Company Strategy and Development Direction - The company is focused on a customer-first strategy that aims to create value for all stakeholders, with a $43 billion capital plan through 2029 to support customer needs [12][25] - Entergy is actively engaging with potential new customers to secure additional growth, particularly in data centers and traditional industrial segments [8][10] - The company is exploring new rate offerings such as demand response and time of use rates to complement existing billing options [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth outlook, citing strong demand from data centers and traditional industries [4][5] - The company is committed to maintaining low rates while improving customer experience and reliability through infrastructure investments [5][10] - Management acknowledged the impact of Winter Storm Fern on operations, estimating restoration costs of up to $300 million for Louisiana and $200 million for Mississippi [31] Other Important Information - The company plans to host an Investor Day on June 9 in New York City to discuss significant opportunities and provide a five-year outlook [24] - Entergy's credit metrics remain strong, with expectations of cash flow from operations free working capital to debt greater than 17% for 2025 [29][30] Q&A Session Summary Question: On the large load ramp, was phase one of Hut 8 already partially in plan? - Management indicated that Hut 8 and similarly sized data centers are included in the probability-weighted industrial growth, and additional growth may require incremental capital [37][39] Question: What protections are in place for large load customers? - Management confirmed that significant credit requirements, including termination fees and minimum bills, are in place to protect against customer walkaways [42][43] Question: What is the expected impact of the Cottonwood addition to the capital plan? - The Cottonwood project is included in the capital plan and is pending regulatory approval, but it does not change the EPS outlook significantly [61] Question: What updates can be expected at the Investor Day in June? - Management plans to provide more clarity on data center contracts and a longer-term outlook, along with insights from various leaders within the company [67] Question: How is the political and regulatory environment affecting data center activity? - Management reported continued strong support for data centers in their jurisdictions, with no significant shifts in customer preferences among states [70]

Financial Data and Key Metrics Changes - The company reported adjusted earnings per share (EPS) of $3.91 for 2025, which is in the top half of the guidance range, with expectations of over 8% annual growth through 2029 [3][25] - Retail sales increased approximately 4% in 2025, with industrial sales contributing a 7% increase [25][26] - The company anticipates an 8% compound annual growth rate in retail sales through 2029, driven by a 15% growth in industrial sales [4][26] Business Line Data and Key Metrics Changes - The company achieved 4% sales growth in 2025, primarily driven by industrial sales [4] - Significant electric service agreements totaling approximately 3.5 gigawatts were signed in 2025, indicating strong demand from data centers and traditional industrial segments [5][6] - The company has a pipeline of 7-12 gigawatts for data centers and 3-5 gigawatts for other industries, with a clear line of sight on equipment to serve 8 gigawatts of incremental load [6][12] Market Data and Key Metrics Changes - Entergy's utility remains in the first quartile for Net Promoter Score for both residential and business customers, with Entergy Texas ranked number one in customer satisfaction for business electric service in the South [4] - The company noted record employment milestones across all states in 2025, reflecting positive economic development activity [8] Company Strategy and Development Direction - The company is focused on a customer-first strategy that aims to create value for all stakeholders, with a $43 billion capital plan through 2029 to support customer needs [11][25] - The company is exploring new rate offerings such as demand response and time of use rates to complement existing billing options [10] - Entergy is committed to maintaining low rates while improving customer experience and reliability through investments in infrastructure [4][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth outlook, citing strong demand from data centers and industrial sectors [5][25] - The company is proactive in addressing equity needs and has secured significant credit requirements to protect existing customers [31][43] - Management acknowledged the impact of Winter Storm Fern on operations, estimating restoration costs of up to $300 million for Louisiana and up to $200 million for Mississippi [31] Other Important Information - The company plans to host an Investor Day on June 9 in New York City to discuss significant opportunities and provide a five-year outlook [24] - The company has implemented various programs to improve reliability and reduce outages, funded by data center revenues [9][10] Q&A Session Summary Question: On the large load ramp, was phase one of Hut 8 already partially in plan? - Management indicated that Hut 8 is included in the probability-weighted growth but does not add to the capital plan at this stage [38][39] Question: What protections are in place for large load customers? - Management confirmed that significant credit requirements, including termination fees and minimum bills, are in place to protect against customer walkaways [42][43] Question: What updates should be expected at the Investor Day? - Management stated that the Investor Day will provide more clarity on data center contracts and a longer-term outlook, with potential announcements depending on timing [68] Question: How is the company addressing customer benefits from data centers? - Management explained that the $5 billion in rate offsets is related to contributions to fixed costs and investments in resilience and reliability [60][61] Question: What is the status of the Cottonwood addition to the capital plan? - Management confirmed that Cottonwood is included in the capital plan and is pending regulatory approval [61]

Core Insights - The article discusses how AI is transforming the shopping experience, making it smoother and more personalized while creating new growth opportunities for businesses [1] Group 1: AI-Driven Shopping Experience - The traditional dilemma of choosing between speed and thorough research in shopping is diminishing due to advancements in AI [1] - Google aims to enhance the connection between brands and creators on platforms like YouTube, allowing for a more direct conversion of influence into measurable business outcomes [2] - The role of advertising is being redefined, with AI enabling a more conversational and exploratory search experience [4] Group 2: New Advertising Formats - New advertising formats are being tested, including "sponsored content" that integrates seamlessly into conversations and provides direct retail information [5] - The "Direct Offers" feature allows brands to present personalized discounts at critical decision-making moments without altering regular prices [5] Group 3: Agentic Commerce - "Agentic Commerce" is set to become a reality in 2026, focusing on reducing friction in the shopping process and enhancing consumer enjoyment [6] - Google has introduced the Agent Payments Protocol (AP2) and Universal Commerce Protocol (UCP) to establish standards for interactions between AI agents and businesses [7] Group 4: Gemini 3 and AI Capabilities - Google has launched Gemini 3, its most advanced model, which significantly enhances advertising capabilities without requiring additional adjustments from advertisers [8] - The use of Gemini-generated creative materials has tripled year-over-year, indicating a substantial increase in efficiency for advertisers [8] Group 5: Trust in AI - Trust remains a foundational element in the AI-driven commercial landscape, with Google emphasizing data privacy and security as core principles [9] - The competition in 2026 will not only revolve around technology but also on understanding consumers better, transforming shopping into an enjoyable and exploratory journey [9]

🚨 BREAKING: UK'S FCA ESCALATES LEGAL ACTION AGAINST EXCHANGE HTXThe Financial Conduct Authority has asked Apple, Google, and social media platforms to block @HTX_Global from UK consumers after the exchange ignored repeated warnings about illegal crypto promotions.This is the FCA's first-ever enforcement action against a crypto firm for illegally marketing to UK consumers.HTX, formerly Huobi, has been promoting services on TikTok, X, Instagram and YouTube in breach of UK rules since 2023. The FCA describes i ...

>> "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST. WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." COMING UP WALL STREET IS SHEDDING STOCKS IT THINKS ARE ON THE WRONG SIDE OF THE A.I. REVOLUTION. CAROLINE: PLUS TWILO FOUNDER JEFF LAWSON HAS A NEW COMPANY.WE WILL DISCUSS HOW THE SURGING DEMAND FOR ELECTRICITY IS POWERING BIG ENERGY BETS. ED: SHARES OF LYFT PLUMMETING. WE WILL BE JOINED BY C.E. O. DAVID RISHER TO UNPACK IT ALL.CAROLINE: FIRST WE TURN OUR ATTENTION TO ...

Core Insights - The role of Product Managers (PMs) is undergoing a significant transformation due to advancements in AI, shifting from a translation role to one focused on problem definition and product taste [1][3][15] - The traditional process of creating detailed requirement documents is being replaced by a more streamlined approach where clear problem statements are directly fed to AI agents, resulting in faster product iterations [5][11] Group 1: Changes in Product Management - The essence of a PM's job has shifted from translating customer needs into specifications to refining intentions so that AI can take action directly [4][11] - The time taken to move from "knowing what to do" to "having it done" has drastically reduced, with the entire cycle now potentially taking just hours instead of weeks [5][6] - The pace of product releases is accelerating, with companies launching products at a speed comparable to years of previous AI advancements [6] Group 2: New Skills for Product Managers - Problem shaping has become a core skill, requiring PMs to clearly articulate customer pain points for AI agents to act upon [7] - Context curation is essential, as the quality of AI outputs is directly proportional to the quality of the context provided by PMs [7][8] - Evaluating the quality of AI-generated outputs has become crucial, as PMs must discern between technically feasible solutions and those that genuinely address user needs [8][9] Group 3: Evolving Workflows - The traditional workflow of PMs is being replaced by a new model where they collaborate with AI to develop and iterate on products in real-time [11][12] - PMs are encouraged to embrace ambiguity and explore various solutions before locking in on a single approach, allowing for more innovative outcomes [12][14] - The focus is shifting from merely documenting requirements to deeply understanding problems, which enhances the value of PMs in the AI era [15][16]

We co-developed the universal commerce protocol with Google. This is an open standard for any AI agent to connect with any brand. It's the it's the protocol that covers the full commerce journey.We also built a Gentic storefront so our merchants can instantly turn on AI shopping. And what it does do is it syndicates billions of products through our entire catalog to every major AI platform. Google AI mode, Gemini, ChatGBT, Microsoft Copilot, and some of our brands like Monos and Gym Shark, Skims Neverland, ...

Summary of the Conference Call Transcript Industry Overview - The report focuses on the **semiconductor industry**, specifically the **CoWoS (Chip on Wafer on Substrate)** technology, which is critical for advanced packaging in cloud AI products expected to ramp up in 2026-2027 [2][3]. Key Points and Arguments Capacity Expansion - The estimated industry's CoWoS capacity is raised to **150kwpm** by the end of **2026**, up from **135kwpm**, and **90kwpm** at the end of **2025**. This aggressive expansion is driven by the demand for new cloud AI products from major companies like **Nvidia**, **Google**, **AMD**, and **Amazon** [2][3]. - **TSMC** is expected to increase its capacity from **70kwpm** at the end of **2025** to **120kwpm** by the end of **2026**. **OSATs** (Outsourced Semiconductor Assembly and Test) like **ASE** and **Amkor** are also projected to ramp up capacity from **20kwpm** to **30kwpm** in the same timeframe [2][3]. Customer Diversification - While **TSMC** remains the dominant supplier, it is anticipated to focus more on higher-end CoWoS-L for larger packages in **2026**. **ASE** and **Amkor** are expected to benefit from the expanding market and customer diversification [3]. - **ASE** may ramp full-process CoWoS for **AMD's Venice CPU** and be involved in **Broadcom's ASIC products**. **Amkor** is expected to revive its CoWoS business through **Nvidia's H200** and other products [3]. Production Forecasts - **Nvidia** is projected to account for **56%** of CoWoS demand in **2026**, down from **65%** in **2025**. The forecast includes **8.7 million** Nvidia AI GPU production units, with **5.5 million** units attributed to **Blackwell** and **2 million** to **Rubin** [4]. - **Broadcom's TPU** unit production is expected to increase to **3.7 million** units in **2026**, with **MediaTek's v8X** ramping to **300k units** in **H226E** [4]. Stock Recommendations - Top picks along the semiconductor supply chain for cloud AI include **TSMC**, **MediaTek**, and **ASE**. Equipment suppliers like **Chroma**, **ASMPT**, and **GPTC** are also recommended. **Amkor** has been downgraded to Neutral due to fair risk/reward [5]. Additional Important Insights - The report highlights the increasing traction of **Intel's EMIB-T** due to TSMC's tight supply and US reshoring demand, indicating a shift in the competitive landscape [3]. - The next generation of AI GPUs and ASICs expected in **2027-2028** may utilize multiple back-end solutions, leveraging TSMC's CoWoS/CoPoS, OSAT's 2.5D packaging, and Intel's EMIB-T [3]. Conclusion - The semiconductor industry, particularly in advanced packaging, is poised for significant growth driven by cloud AI demands. Companies like TSMC, ASE, and Amkor are positioned to capitalize on this trend, while Nvidia remains a key player in the CoWoS market. The evolving landscape suggests a diversification of suppliers and technologies that could reshape competitive dynamics in the coming years.

2025 Results & 2026 Objectives Delivering accretive energy growth, while strengthening resilience Delivering accretive energy growth, while strengthening resilience February 11, 2026 February 2026 – Results and Objectives | 2 Table of contents 03 | Safety, our core value 04 | Relentlessly reducing emissions 06 | 2025: delivered growth while preparing 2030+ 07 | Delivered on our growth objectives 08 | Sustaining attractive distributions supported by accretive growth and strong balance sheet 09 | Disciplined ...