President Trump saying he's going to decide whether the US will strike Iran within the next two weeks. Joining us right now to discuss the conflict in the Middle East, the AI tech wars, so much more. Joe Lansel is here, co-founder of Palunteer, founding partner at HBC.His investments across the defense industry include Andrew, which is ranked now as CNBC's the top, I should say, of CNBC's disruptor list. So there you go. Welld deserved.Um, what do you think is going to happen. I I I not what you want to hap ...

Industry Overview - The insurance industry is poised for growth, driven by personalized offerings and enhanced customer experiences through digital transformation [1] - Rising awareness is increasing demand for insurance products, contributing to premium growth and profitability for insurers [1] Progressive Corporation (PGR) - Progressive is a leading auto insurer in the U.S., also ranking high in commercial auto, motorcycle, and boat coverage, and among the top 15 homeowners insurance providers [3] - The company is expanding its footprint in homeowners and commercial insurance, focusing on bundling auto policies and improving segmentation through tailored offerings [3][4] - Progressive has invested heavily in digital transformation and AI technologies, enhancing competitiveness through its Snapshot program, which supports usage-based pricing [4] - The company maintains a strong underwriting discipline with a decade-long average combined ratio under 93%, outperforming the industry average of above 100% [5] - Progressive's net margin has expanded by 950 basis points over the past two years, driven by increased demand for auto insurance and sound risk management [6] - The return on equity (ROE) for Progressive is 33.5%, significantly higher than the industry average of 7.8%, indicating strong financial performance [7] Chubb Limited (CB) - Chubb is a leading provider of property and casualty insurance and reinsurance, with a market capitalization of $114.5 billion [8] - The company has a well-balanced portfolio across commercial and personal lines, positioning it for sustained premium growth in both developed and emerging markets [8] - Chubb's commercial P&C segment is performing well, benefiting from favorable pricing dynamics and high renewal retention [10] - The company has made significant advancements in technology, integrating AI and digital tools to enhance underwriting accuracy and customer experience [11] - Chubb's net margin has improved by 980 basis points over the past two years, supported by prudent underwriting and sound reserving practices [12] - The return on equity for Chubb is 12.4%, exceeding the industry average, reflecting a strong financial position [12] Financial Estimates - The Zacks Consensus Estimate for PGR's 2025 revenues and EPS implies year-over-year increases of 16.6% and 10.5%, respectively [14] - In contrast, the Zacks Consensus Estimate for CB's 2025 revenues indicates a year-over-year increase of 6.3%, while EPS is expected to decline by 5.8% [15] Stock Valuation - Progressive is trading at a price-to-book multiple of 5.33, above its five-year median of 4.77, while Chubb's price-to-book multiple is 1.62, above its median of 1.55 [16] Conclusion - Progressive is focused on increasing the share of auto and home-bundled households and investing in mobile applications to drive growth [17] - Both insurers have managed cost challenges effectively, as evidenced by their continued net margin improvement [17] - Based on return on equity, Progressive scores higher than Chubb, with PGR shares gaining 30% in a year compared to Chubb's 8.6% [18]

[Music] My name is Shri Arajula. I'm an AI platform engineering architect at Outshift by Cisco. We focus on AI agentic applications and quantum networking.At outshift, we're redefining platform engineering with what we call agentic platform engineering. Platform engineers typically deal with complex distributed cloudnative systems like Kubernetes, CI/CD pipelines, and monitoring tools. This constant context switching leads to burnout.So we saw a huge opportunity to use agentic AI technology to automate work ...

数据显示，港股通汽车ETF（159323）近10日合计"吸金"4218万元，净流率高达27%。资金青睐港股汽 车板块，或因该板块囊括了较多在智驾领域具备先发优势的整车龙头和造车新势力。公开信息显示，港 股通汽车ETF（159323）标的指数高度聚焦港股整车板块，乘用车含量在同类指数中领先，且拥有相对 A股稀缺的造车新势力；当前指数前五大权重股分别为比亚迪股份、理想汽车、小鹏汽车、吉利汽车、 零跑汽车，合计权重近65%。此外，指数覆盖汽车零部件板块和汽车智能化领域，有望深度受益于智能 驾驶和机器人带来的双重科技浪潮。 东兴证券认为，智能化是汽车电动化的后半场，智能驾驶能力将决定车企未来的市场竞争力。随着具备 智能能力汽车保有量的提升带来的数据资源的提升，算力、大模型等AI技术的迭代升级，智能驾驶有 望从量变到质变，推动高阶自动驾驶加速落地。头部企业逐渐在训练数据、训练设施、智驾生态领域建 立了领先优势。 （文章来源：每日经济新闻） 6月10日午后，A股、H股主流指数集体跳水，恒生科技指数一度跌超1.5%。主流ETF方面，恒生科技指 数ETF（513180）跟随指数下挫，持仓股中，金蝶国际、华虹、商汤、理想汽车中 ...

Alnylam Pharmaceuticals (ALNY) FY Conference June 09, 2025 09:20 AM ET Speaker0 Great. Good morning, everyone. Thank you so much for joining us. I'm Salveen Richter, biotechnology analyst at Goldman Sachs. We're really pleased to be joined by the Alnylam team. With me, we have Yvonne Greenstreet, CEO, and John Kennedy, head of the TTR franchise. So Yvonne, before we even start, you know, you announced some news this morning, so maybe this is a perfect time point to maybe speak to the European approval that ...

Core Insights - Dividend-paying stocks are attractive investments for generating passive income and have historically provided strong total returns through earnings growth and shareholder payouts [1] Group 1: Brookfield Infrastructure - Brookfield Infrastructure's shares have declined nearly 10% from their 52-week high, resulting in a dividend yield of 4.2% [4] - The company has a strong dividend payment history, increasing its dividends for 16 consecutive years at a 9% compound annual rate [5] - Future dividend growth is targeted at 5% to 9% annually, supported by organic growth drivers and recent acquisitions, including a $500 million investment in Colonial Enterprises [6][7] Group 2: PepsiCo - PepsiCo's stock has dropped over 25% from its 52-week high, leading to a dividend yield of 4.4% [8] - The company recently raised its dividend by 5%, marking 53 consecutive years of dividend increases, qualifying it as a Dividend King [8] - Despite current headwinds affecting growth, PepsiCo is investing in healthier food options, which is expected to reignite earnings growth and support future dividend increases [10] Group 3: Prologis - Prologis shares have fallen more than 15% this year, resulting in a dividend yield of 3.7% [11] - The company reported an 11% increase in core FFO per share in the first quarter, driven by new leases at higher rates [12] - Long-term demand for warehouse space remains strong, with Prologis planning to build data centers to meet growing digitalization needs, supporting future dividend growth [13][14] Group 4: Investment Potential - Brookfield Infrastructure, PepsiCo, and Prologis offer dividend yields significantly higher than the S&P 500 average, along with strong earnings growth potential, making them attractive investment opportunities [15]

Financial Data and Key Metrics Changes - For Q3, total revenue was $821.1 million, up 0.5% from the prior year quarter [21] - Restaurant revenue increased by 1.2% to $679.3 million, while retail revenue decreased by 2.7% to $141.8 million [22] - Comparable store restaurant sales grew by 1%, while comparable store retail sales decreased by 3.8% [22] - Adjusted EBITDA was $48.1 million, or 5.9% of total revenue, compared to $47.9 million, or 5.9% of total revenue in the prior year [28] Business Line Data and Key Metrics Changes - Restaurant cost of goods sold was 26.2% of restaurant sales, up from 25.9% in the prior year, primarily due to menu mix and commodity inflation [23] - Retail cost of goods sold was 48.9% of retail sales, down from 49% in the prior year, driven by higher vendor allowances [24] - Labor and related expenses were 37.1% of revenue, down from 37.8% in the prior year, due to improved productivity [25] Market Data and Key Metrics Changes - Off-premise sales accounted for 19.1% of restaurant sales, compared to 18.9% in the prior year [22] - Pricing for the quarter was approximately 4.9%, consisting of 1.5% carry forward pricing from fiscal 2024 and 3.4% new pricing from fiscal 2025 [22] Company Strategy and Development Direction - The company is focused on brand refinement and enhancing guest engagement through various initiatives, including partnerships and promotions [11][12] - The transformation plan is aimed at driving relevancy, delivering food and experiences guests love, and growing profitability [19] - The company is leveraging AI technology to improve efficiency and effectiveness across various operations [15][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the macroeconomic environment but expressed confidence in executing the business and transforming for the future [18] - The company raised its guidance for total revenue and adjusted EBITDA for fiscal 2025, reflecting positive trends and strong start to Q4 [30][31] Other Important Information - The company is actively working to mitigate tariff impacts, with approximately one-third of retail products sourced from China [17] - The board declared a quarterly dividend of $0.25 per share payable on August 13, 2025 [29] Q&A Session Summary Question: What does a strong start to Q4 mean in the context of the 1% restaurant same-store sales number reported in Q3? - Management noted improving trends from Q3 into Q4, particularly pleased with the Campfire promotion resonating with guests [33][34] Question: Can you provide more detail on managing expenses in Q3? - Management indicated that they adjusted discretionary expenses and G&A to align with the challenges faced in Q3 [35][36] Question: How do you view G&A as a percent of sales for the upcoming year? - Management stated that fiscal 2025 is an investment year, and G&A will return to historical levels as the transformation plan progresses [38] Question: Can you share average check size and mix benefits for Q3? - The average check was up 6.6% for the quarter, with 4.9% from pricing and 1.7% from mix [40][41] Question: What is the anticipated impact of tariffs on Q4? - Management expects a $5 million net tariff impact on Q4 EBITDA, with ongoing efforts to mitigate this through vendor negotiations and alternate sourcing [30][51] Question: Can you elaborate on the back of house optimization initiative? - The initiative aims to improve food quality and ease of operations, with expectations for benefits to flow through in Q4 and into fiscal 2026 [61][65] Question: What have you learned from the remodeling initiatives? - Management indicated that they will provide more insights in September regarding the impact of remodels and future plans [70]

Financial Data and Key Metrics Changes - For Q3 2025, total revenue was $821.1 million, up 0.5% from the prior year quarter [20] - Restaurant revenue increased by 1.2% to $679.3 million, while retail revenue decreased by 2.7% to $141.8 million [21] - Adjusted EBITDA was $48.1 million, maintaining 5.9% of total revenue, compared to $47.9 million in the prior year [26] Business Line Data and Key Metrics Changes - Comparable store restaurant sales grew by 1%, while comparable store retail sales decreased by 3.8% [21] - Off-premise sales accounted for 19.1% of restaurant sales, compared to 18.9% in the prior year [21] - Labor and related expenses were 37.1% of revenue, down from 37.8% in the prior year, primarily due to improved productivity [24] Market Data and Key Metrics Changes - Pricing for the quarter was approximately 4.9%, consisting of 1.5% carry forward pricing from fiscal 2024 and 3.4% new pricing from fiscal 2025 [21] - Commodity inflation was approximately 2.9%, driven mainly by higher beef, egg, and pork prices [22] Company Strategy and Development Direction - The company is focused on brand refinement and enhancing guest engagement through partnerships, such as with Speedway Motorsports for the Cracker Barrel 400 NASCAR race [10][11] - The transformation plan aims to improve operational efficiency and profitability, with initiatives like back of house optimization and menu innovation [8][9] - The company is leveraging AI for traffic forecasting and guest relations to improve efficiency [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the macroeconomic environment but expressed confidence in the ongoing transformation and positive trends in guest engagement [17][18] - The company raised its guidance for total revenue and adjusted EBITDA for fiscal 2025, reflecting strong performance and positive momentum [29][30] Other Important Information - The company is actively managing tariff impacts, with approximately one-third of retail products sourced from China, and is implementing strategies to mitigate these effects [15][16] - The board declared a quarterly dividend of $0.25 per share, payable on August 13, 2025 [28] Q&A Session Summary Question: What does a strong start to Q4 mean in the context of the 1% restaurant same-store sales in Q3? - Management noted improvements in trends from Q3 into Q4, particularly pleased with the Campfire promotion's resonance with guests [32][33] Question: Can you provide more detail on managing expenses in Q3? - Management indicated that they adjusted discretionary expenses and expect G&A levels in Q4 to align more closely with Q1 and Q2 [34][35] Question: How do you view G&A as a percent of sales moving forward? - Management stated that G&A will return to historical levels as the transformation plan progresses, with more details to be provided in September [37] Question: What was the average check size and mix benefit in Q3? - The average check was up 6.6%, with 4.9% from pricing and 1.7% from mix, indicating a successful pricing strategy [39][40] Question: How is the $5 million tariff impact factored into your guidance? - Management explained that improvements in labor and menu mix are helping offset the tariff impact, with ongoing adjustments being made [46][48] Question: What are the expected benefits from the back of house optimization initiative? - Management anticipates more benefits in Q4 and into 2026, with a focus on improving food quality and operational efficiency [60][64] Question: Can you discuss the remodeling initiative and what has been learned? - Management indicated that they will provide more insights in September regarding the remodeling efforts and their impact on the business [66][68]

Singapore, June 03, 2025 (GLOBE NEWSWIRE) -- Fortude has announced its second Microsoft Solutions Partner designation, ‘Azure Digital and App Innovation’ in addition to Data and AI. This recognition demonstrates the company's deep technical expertise and proven success in delivering transformative solutions using Microsoft technologies. The Solutions Partner designation is awarded to companies that meet standards across technical performance, skilling, and customer success and demonstrate a broad capability ...

STUART, Fla., June 2, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to share that Chief Growth Officer Dustin Plantholt will be featured in an upcoming interview on "New to The Street," filmed live at the New York Stock Exchange (NYSE) on June 3, 2025, at 10:00 AM ET.Joining Mr. Plantholt for the interview are two key industry collaborators: Chad A. Huff, Agency VP, Hilb Group David Baily, Principal and Commercial Insurance A ...