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Why Shares in This Nuclear Power Company Surged Higher This Week
The Motley Fool· 2025-06-13 12:32
Shares in nuclear power company Oklo (OKLO -5.32%) rose by a whopping 28% in the week to Friday morning. The move comes in a busy week for the company, whereby events helped encapsulate the investment case for the stock.What does Oklo doThe company is developing what it describes as "next-generation fast fission power plants," known as Aurora. Its Aurora powerhouse has a few interesting qualities. First, it's based on a fast fission plant (Experimental Breeder Reactor-II) that the U.S. government operated f ...
Investigators search site of Boeing crash in India
CNBC Television· 2025-06-13 11:27
Investigators are searching the site of that Air India uh Boeing Dreamliner and the crash for any evidence of what could have caused the disaster. Phil Leau joins us now with more. I I it just anecdotally heard a couple of things, Phil.You can certainly fill in the blanks, but no thrust power just gone or or something. Is that what you heard. Yeah, that's the primary question. That's the primary question, Joe.Why why was there not the thrust needed. You know, they certainly got in the air, but then shortly ...
Newsom: Trump is not 'above' constitutional constraints
MSNBC· 2025-06-13 03:16
Today was really about a test of democracy and today we passed the test. We the people passed the test. I was just 48 hours ago giving a speech almost to the minute talking about some of the enduring principles of our founding fathers who in response to monarchy in response to King George set out to frame a new construct to elevate and support individual freedom liberty.They created a system of checks and balances. A separation of power, co-equal branches of government, framework took the best of Greek demo ...
Zedge(ZDGE) - 2025 Q3 - Earnings Call Transcript
2025-06-12 21:32
Financial Data and Key Metrics Changes - Total revenue returned to growth, up 1.3% to $7,800,000, despite challenges in the advertising market [15][19] - Adjusted EBITDA increased 46% year over year to $1,200,000 [19] - Free cash flow generated was $800,000, impacted by restructuring payments and retention bonuses [6][19] - GAAP net income was $200,000, compared to $100,000 in the prior year, with non-GAAP net income at $900,000, up from $500,000 [18][19] Business Line Data and Key Metrics Changes - Zedge Plus subscriber base grew to nearly 900,000, a 37% year over year increase [7] - Zedge Premium revenue more than doubled, driven by expanded offerings and increased usage [7][16] - Deferred revenue reached $4,900,000, growing by 111% over the past seven quarters [15][19] - Gurushots revenue declined 45% year over year due to reduced user acquisition spending [16][19] Market Data and Key Metrics Changes - Monthly active users (MAU) declined year over year, but the focus shifted to attracting higher lifetime value users [8][31] - Average revenue per monthly active user increased by 33% year over year, indicating improved monetization [8][16] Company Strategy and Development Direction - The company is focusing on AI innovation, creator community empowerment, and B2B expansion through dataseeds.ai [13][14] - Plans to roll out an AI audio generator and enhance user-generated content capabilities [11][41] - The introduction of dataseeds.ai aims to supply enterprise customers with high-quality datasets for AI training [10][38] Management's Comments on Operating Environment and Future Outlook - Management highlighted resilience despite macroeconomic volatility and disruptions in the ad market [5][15] - The company expects to see the benefits of restructuring initiatives materialize in Q4 and into fiscal year 2026 [19][44] - Management remains optimistic about future growth driven by product innovation and strategic discipline [15][47] Other Important Information - The company ended the quarter with $20,400,000 in cash and no debt, after share repurchases [6][19] - Restructuring charges of $600,000 were recorded, with expectations for further reductions in Q4 [17][50] Q&A Session Summary Question: Can you rank the different pieces of advertising revenue? - Management stated that advertising efforts are comprehensive and difficult to rank precisely, but highlighted the optimization of CPMs [22][30] Question: How long was TikTok back in the market during the quarter? - Management clarified that TikTok returned mid-February, impacting advertising revenue positively after their reentry [24][29] Question: What is being done to stabilize and grow monthly active users? - The focus is on well-developed markets, with efforts to optimize user acquisition for high-value users [31][32] Question: Can you comment on the new features for Emojipedia? - Management mentioned testing new features like creating emojis with AI and the upcoming release of digital stickers [33] Question: How did Zedge Premium perform this quarter? - Zedge Premium continues to be a core part of the marketplace, with new content available on the web [36] Question: What is the rollout plan for dataseeds.ai? - Management is actively building relationships with prospective customers and has published a research paper to demonstrate advantages [37][38] Question: What will the AI audio generator look like? - The feature will allow users to create custom ringtones and sounds based on text prompts, with a limited rollout planned [41][42]
Nicolle Wallace calls out Kristi Noem’s lie over Sen. Alex Padilla’s handcuffing and forced removal
MSNBC· 2025-06-12 20:46
Incident Summary - A sitting US Senator, Alex Padilla, was forcibly removed from a press conference held by Homeland Security Secretary Christy Gnome [1][2] - Senator Padilla was handcuffed and forced to the ground after attempting to ask questions regarding immigration enforcement actions [1][2] - The incident is described as a "Rubicon crossing moment" and an example of growing authoritarianism [1][5] Political Response - California Governor Gavin Newsome called the incident "outrageous, dictatorial, and shameful" [2] - Former Vice President Kamala Harris described it as a "shameful and stunning abuse of power" [3] - There is criticism of the Republican party's silence regarding the treatment of Senator Padilla [14] Media & Propaganda - Homeland Security Secretary Christy Gnome allegedly made a false statement on Fox News, claiming Senator Padilla did not identify himself [1][17] - Fox News is accused of creating an "alternative reality" and disseminating propaganda, similar to state media in Russia [18][19] - The incident is seen as part of a larger effort to suppress dissent and control the narrative [21][22] Concerns & Future Implications - There are concerns that the use of military force in cities is becoming normalized [10] - The administration is accused of demonstrating a lack of accountability and disregard for democratic norms [8][9] - The incident raises concerns about the treatment of ordinary citizens, particularly farm workers, cooks, and day laborers [2][10]
AI Powered Software Development: Rising Demand and Changing Dynamics w/ OpenAI's Codex Team
Sequoia Capital· 2025-06-12 19:09
Do you think the number of professional software developers goes up or down over time. This is just my opinion, but I think it goes way up. In my opinion, the the easier it is to write software, then the more software we can have.I bet you if you pull up your phone, most of the apps on it are apps that are built by large teams for millions of users. And there's very few apps that are built like just for us and the specific thing that we need. And so I think as it becomes more and more practical to build lik ...
Global Longevity Summit 2025: Spotlight on Dr. Steve Horvath, New Advisory Board Members, and Early Registration Opportunity
Globenewswire· 2025-06-12 15:00
Informa Connect’s Global Longevity Summit continues to break new ground in the science of aging and human performance with the announcement of its 2025 keynote speaker, new advisory board appointments, and a call to act before the upcoming ticket price increase.GENEVA, SWITZERLAND, June 12, 2025 (GLOBE NEWSWIRE) -- Biogerontologist and epigenetic researcher Dr. Steve Horvath will headline the event as its keynote speaker and will be formally recognized as the recipient of the 2025 Global Longevity Award for ...
LIVE: President Donald Trump participates in a bill signing ceremony at the White House — 6/12/2025
CNBC Television· 2025-06-12 14:55
President Trump is expected to sign on Thursday several Congressional Review Act measures that passed last month, including resolutions blocking California's plan to phase-out gas powered cars and ending their sales by 2035, according to a White House official. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock marke ...
Above Food Ingredients Inc. Achieves Full Listing Compliance with NASDAQ
Newsfile· 2025-06-12 14:05
Regina, Saskatchewan--(Newsfile Corp. - June 12, 2025) - Above Food Ingredients Inc. (NASDAQ: ABVE) ("the Company"), is pleased to announce it has received the official compliance determination letter from NASDAQ confirming that the Company now meets full compliance and has satisfied all of the requirements under Listing Rules 5450(b)(3)(C), 5810(c)(3)(A) and 5450(a)(1).As referenced within our press release dated June 6, the Company regained compliance with listing Rule 5450(b)(3)(C), regarding the minimu ...
How To Trade This Soaring Mining Stock
Benzinga· 2025-06-12 13:28
Cameco Corp. CCJ, the world’s largest publicly traded uranium miner, has been moving sharply up as the nuclear energy industry enters a renaissance. CCJ’s recent move is outsized, but this chart has a strong upward trajectory for the longer-term investor over time.That said, a fade to support may be on the horizon. Both short-term and long-term traders can benefit from a move like this with a simple calendar spread. The trade we’re going to use is a call calendar spread. A long calendar spread generally pre ...