[applause] Leia is the the is it co-founder or founder. Co-founder of um Sublime. Um but she also uh didn't bike across the United States.She biked across the continent of Africa and uh she has uh built a company that is the model that is the gold standard. Um Leia, can you tell us a little bit about um what what Sublime does and then I want to go back to your life and how you came to start it and and how you got it from where it was at at the Genesis to where it is now. And then I want to talk a little bit ...

"Financial operating system" is the sexiest framing for Ethereum.Digital oil? Oil isn't shiny, nor the price going up. Governments work hard to suppress its cost, as high prices are bad for world's economy.Financial operating system makes you think of Microsoft's Windows, but for global finance.And just like Windows, you run apps on it.But those apps are financial, which means they require much higher security standards than anything Microsoft deals with.Windows makes money because every app runs on it.Ethe ...

WASHINGTON--(BUSINESS WIRE)--Pondurance, the leading provider of managed detection and response (MDR) services for mid-market organizations in highly regulated industries, today announced the immediate availability of Pondurance for Microsoft, a purpose-built MDR service designed to protect Microsoft-centric IT environments commonly found in organizations with limited security resources and elevated breach risk. Mid-market organizations rely heavily on Microsoft 365 technologies and applications including t ...

Europe is hitting the kills witch on some U.S. tech - Getty Images The nomination of Kevin Warsh to lead the Fed has taken the sails out of the idea that the U.S. dollar would sink. But Matthew Tuttle, chief executive of Tuttle Capital Management, thinks investors are missing the big issue regarding a shift away from U.S. assets. Most Read from MarketWatch In a note released Monday, Tuttle says most investors have explained the reason why international and emerging market equities have been outperformi ...

Core Viewpoint - Microsoft Corporation (MSFT) reported strong Q2 FY26 earnings but experienced a significant share price drop of 9.99% the following day due to investor concerns over slowing cloud growth amidst high valuations [1] Financial Performance - Microsoft reported strong earnings for Q2 FY26, indicating robust financial performance [1] Market Reaction - Following the earnings report, MSFT shares fell by 9.99%, marking the largest drop since 2020, reflecting investor dissatisfaction with the slowing growth in the cloud segment [1]

Quick Read Oracle (ORCL) plans to raise $40B to $50B to expand cloud infrastructure for major AI customers including Meta, Nvidia and OpenAI. Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared past operating cash flow. Investors rethink 'hands off' investing and decide to start making real money Oracle (NYSE:ORCL) announced on Friday that it expects to r ...

Core Viewpoint - Microsoft shares experienced a significant decline of over 12% following disappointing quarterly earnings, resulting in a loss of $357 billion in market value, marking the worst day since the 2020 stock market crash [1][2] Financial Performance - Microsoft is now in a bear market, down nearly 21% from its all-time high, raising questions among investors about whether this decline presents a buying opportunity or if it is prudent to wait [2] - Azure revenue grew by 39%, which, while still strong compared to competitors, fell short of expectations as it was 1% below the previous quarter [6][7] Investment Sentiment - The steep drop in stock price has led to a perception that Microsoft is misunderstood, with investors reacting harshly to heavy AI capital expenditures without sufficient quarter-over-quarter growth [4][5] - There is a growing concern that the significant increase in capital expenditures, which rose 66% year-over-year to $37.5 billion, has not yet translated into expected growth, leading to a negative outlook for the recent quarter [8][6] Future Outlook - CFO Amy Hood indicated that demand for AI services is exceeding supply, suggesting that capacity constraints are currently limiting growth potential, rather than a lack of demand [9][10] - Once Microsoft addresses its capacity issues, there is potential for Azure to regain its status as a key growth driver for the company [10]

Market Overview - Gold prices dropped as much as 6% and silver fell 10% due to increased margin requirements by CME Group following a significant decline on Friday, leading to a selloff across markets as leveraged investors unwound positions to meet margin calls [1][8] - U.S.-listed gold and silver mining companies experienced declines in premarket trading, with Newmont down 2.2%, Barrick Mining down 2.8%, and Kinross Gold down 3.2% [1][8] Economic and Policy Impact - The selloff in precious metals intensified after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair, a decision perceived as hawkish by investors [2][8] - Shares of energy companies fell as oil prices decreased by 5% after Trump indicated that Iran was engaging in discussions with Washington, which eased concerns over supply disruptions [4][8] Technology Sector Performance - The volatility VIX index rose to 19.11, nearing a two-week high, influenced by mixed earnings from major tech companies and increased policy uncertainty following Trump's nomination of Warsh [5][9] - Major tech stocks, including Nvidia and Tesla, saw declines of nearly 2% each, while Meta and Alphabet lost 1.4% and 0.9%, respectively [5][9] - Microsoft shares recorded their worst week since March 2020 due to disappointing cloud revenue, raising concerns about the returns on significant investments in artificial intelligence [6][9] - Oracle's shares dropped 3.7% after announcing plans to raise $45 billion to $50 billion in debt and equity this year [6][9] Upcoming Economic Indicators - The U.S. is expected to experience a brief government shutdown after Congress failed to approve funding, with key economic data releases scheduled for the week, including January manufacturing PMI and labor market indicators such as JOLTS and nonfarm payrolls [7][9]

Tesla's Direct China Rival Xiaomi Reports Strong Sales, But This Giant Is Tumbling | Investor's Business DailyBREAKING: [Futures Fall, Bitcoin Dives To Lowest Since 2024]---Tesla's China EV rivals Xiaomi (XIACY), Li Auto (LI), XPeng (XPEV), Nio (NIO) and BYD (BYDDF) reported January sales on Sunday. Xiaomi and especially showed the best performances vs. a year earlier, while XPeng and especially BYD suffered significant declines. Tesla (TSLA) doesn't report monthly sales, but investors will get figures from ...

Summary of the Conference Call on Global PCB and CCL Market Industry Overview - The report focuses on the **Global PCB (Printed Circuit Board)** and **CCL (Copper Clad Laminate)** market, particularly in the context of AI server applications and the supply chain dynamics involving companies like **Victory Giant**, **WUS**, and **Shengyi** [1][13]. Key Points and Arguments 1. **Market Dynamics and Growth Projections** - The global AI PCB and CCL market is projected to grow significantly, with estimates of **+140% CAGR for PCBs** and **+179% CAGR for CCLs** from 2025 to 2027, driven by increasing demand for high-end products to support greater data bandwidth and connections [13][31]. 2. **Impact of Rising Material Costs** - Recent increases in CCL prices, primarily due to rising copper costs, are manageable for high-end products as raw material costs constitute a smaller portion of their total costs. For instance, Kingboard raised CCL prices twice in 2025, affecting downstream clients from January [5][11]. - High-end PCBs require complex manufacturing processes, which mitigate the impact of raw material cost fluctuations on overall production costs [11][12]. 3. **Competition in the Supply Chain** - There is a growing number of players in the AI server PCB and CCL supply chain, reflecting increased demand. While competition is rising, it is seen as an opportunity for suppliers to diversify and enhance their offerings [12][13]. - Key factors for winning customers include large capacity, continuous R&D investment, and robust quality assurance [13]. 4. **Revenue Generation Timeline for New Capacities** - It typically takes **4-5 quarters** from the start of factory construction to revenue recognition, encompassing various stages from construction to customer orders and production cycles [14]. 5. **Supply Allocation Trends** - PCB supply allocations are diversifying due to rising AI server demand, while CCL supply remains concentrated. For example, Victory Giant is expected to see increased revenues from Google TPU PCBs starting in 2026 [15]. - The CCL supply chain is more concentrated due to fewer high-speed CCL suppliers compared to PCB suppliers, raising entry barriers for new entrants [15]. Additional Important Insights - The report includes detailed allocation tables for various suppliers in the PCB and CCL markets, highlighting the percentage shares for major clients like Nvidia, AMD, and Amazon AWS across different years [17][19][21]. - The total market opportunity for AI server PCBs is projected to reach **US$27 billion** by 2027, while the CCL market is expected to reach **US$19 billion** [31]. Conclusion - The Global PCB and CCL market is poised for substantial growth driven by technological advancements and increasing demand for high-performance products. Companies in this space must navigate rising material costs and competition while capitalizing on the expanding market opportunities.