Financial Data and Key Metrics Changes - Consolidated revenue for Q3 2025 reached $126.2 million, exceeding guidance and reflecting a sequential improvement for the fourth consecutive quarter [11][6] - Non-GAAP gross margin was reported at 44.1%, consistent with guidance, indicating the value differentiation of products and resilience of the recurring business model [11][6] - Operating expenses for Q3 were $48 million, which was $2 million lower than guidance due to timing of R&D material [11][12] - Cash and investments decreased by $11.2 million during Q3, primarily due to cash used in operations to support a 17% growth in sales quarter over quarter [12] Business Line Data and Key Metrics Changes - Recurring revenue accounted for 55% of total revenue in Q3, driven by strength in interface solutions and test handler spares systems [11][4] - Systems revenue represented 45% of total revenue, with notable orders for NEON HBM inspection tools and Eclipse handlers [6][5] - New business wins included approximately $1.7 million in orders for automated test equipment and optical inspection systems [7][8] Market Data and Key Metrics Changes - Revenue from customers based in China accounts for only a low single-digit percentage of total consolidated results, indicating limited exposure to geopolitical risks [9] - The company anticipates a seasonal slowdown in Q4, partially offset by ongoing market recovery, particularly in computing and high bandwidth memory inspection [9] Company Strategy and Development Direction - The company announced a strategic convertible notes offering, raising gross proceeds of $287.5 million to support future growth and strategic initiatives [13] - The focus is on advancing growth initiatives including mergers, acquisitions, and partnerships, with a new Vice President of Strategy appointed [4] - The company is pivoting towards AI applications, particularly in high-performance computing and generative AI, with expectations of increased revenue contribution from these areas in 2026 [23][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining top-line momentum into 2026, particularly in the HBM business and new customer engagements [21][23] - The company expects Q4 revenue to be approximately $122 million, reflecting a seasonal decline but continued growth in recurring revenue [14] - Management noted that the cyclical recovery in automotive and industrial markets remains muted, but there are signs of initial demand returning in early 2026 [58] Other Important Information - The company is maintaining its 2025 capital expenditure target of approximately $20 million, which includes a facility purchase completed in Q1 [12] - The repayment structure of the convertible notes includes net share settlement, limiting shareholder dilution [13] Q&A Session Summary Question: What is driving the improved system revenue momentum? - Management indicated that the momentum was largely associated with the Eclipse handler and NEON HBM inspection tools, with confidence in continued progress in the HBM business [21][22] Question: How does the Eclipse handler's thermal control subsystem contribute to wins? - The higher wattage requirements for newer AI processors are driving demand, and the platform is designed to scale with these advancements [24][26] Question: What is the expected revenue contribution from computing in 2026? - Management expects computing to contribute in the low teens percentage of revenue, indicating growth potential in this segment [28] Question: How will the recent convertible raise be utilized? - The company plans to pursue both organic development and acquisitions, with a focus on strengthening the balance sheet and being opportunistic in M&A [45] Question: What is the outlook for automotive and industrial markets? - Management noted that while recovery has been elusive, there are signs of initial demand returning, particularly in Q1 and Q2 of next year [58]

Core Viewpoint - Reddit Inc is expected to report strong third-quarter financial results, continuing its trend of beating analyst estimates since going public in 2024 [1][2]. Earnings Estimates - Analysts anticipate Reddit will report third-quarter revenue of $545.5 million, a significant increase from $358.4 million in the same quarter last year [1]. - Earnings per share are expected to be 50 cents, up from 16 cents per share in the previous year's third quarter [2]. - The company's guidance for third-quarter revenue is between $535 million and $545 million [2]. Analyst Insights - Reddit is benefiting from the growth of generative artificial intelligence, with Google providing Reddit answers instead of links, enhancing its visibility [3]. - The company is automating translations and expanding offshore communities using generative AI [4]. - Analysts are optimistic about Reddit's partnerships with AI companies, which could lead to rapidly growing revenue and free cash flow [4]. Key Trends - Reddit's partnerships with Google and other AI firms are crucial trends to monitor [5]. - The platform's search results are becoming increasingly relevant, prompting brands to increase their advertising spend on Reddit [6]. - Reddit reported a 78% year-over-year revenue growth in the second quarter, alongside growth in daily active unique users and free cash flow [6]. Stock Performance - Reddit's stock is trading at $208.15, with a year-to-date increase of 28.2% in 2025 [7]. - Analysts have raised their price targets for Reddit, with Citigroup increasing it from $220 to $250, and Raymond James from $225 to $250 [8].

Core Insights - Investors are anticipating a stock split for Palantir Technologies (PLTR), with the stock having increased by 151% in 2025 and reaching a record high before a slight retreat [1][2] - Retail investors are particularly focused on the stock split potential, although interest has decreased quarter-over-quarter, it remains a significant topic [2] - Palantir's cash balance stands at $6 billion, leading to frustration among retail investors regarding the company's reluctance to return capital to shareholders and lack of M&A interest [2] Financial Performance - Palantir's stock reached an all-time high of 192.83 before paring gains, with a current price of 190.66 [3] - Revenue growth expectations for Q3 are over 50%, projected at $1.092 billion, following previous quarters with sales growth of 30%, 36%, 39%, and 48% [3] Market Position and Sentiment - The company is perceived to be well-positioned to secure more U.S. government contracts, particularly during the Trump administration, which has positively influenced stock performance [4] - Retail investor enthusiasm for generative artificial intelligence has also contributed to the stock's rise, although commercial revenue has not yet significantly increased [4] Technical Ratings - Palantir's Relative Strength Rating is at 97 out of a possible 99, indicating strong performance [5] - The Accumulation/Distribution Rating is C, suggesting neutral activity in terms of institutional buying and selling [5] - The Composite Rating stands at 99 out of 99, reflecting a strong overall performance based on multiple proprietary metrics [6]

Financial Performance - Consolidated earnings were $1.14 per average diluted share in Q3 2025[4, 10] - Electric company earnings were $1.20 per average diluted share in Q3 2025[4, 10] - Other operations, including holding company, experienced a loss of $0.06[4, 10] - The company expects to be in the top half of the original 2025 EPS guidance range[4, 10] Operational Highlights - A settlement agreement was reached with the majority of parties in the pre-approval filing in Oklahoma[9] - 550 MW natural gas combustion turbines are expected to become operational in 2026, with 450 MW pending approval[9] - Customer growth is approximately 1%, and year-to-date weather-normalized load is 6.5%, with an expected 7.5% load growth in 2025[14] Capital Investments and Financing - The company issued $350 million in long-term debt at OG&E in April[14] - The capital plan was updated to include the Fort Smith to Muskogee transmission line, a $250 million project planned for service in phases from 2027 to 2029[14, 23] - Total capital expenditures are projected to be $6.5 billion from 2025 to 2029[21] Shareholder Returns - The company anticipates a compelling total shareholder return proposition, combining consolidated annual and long-term forecasted earnings per share growth of 5-7% with an expected stable and growing dividend[12]

Core Insights - Booking Holdings is experiencing positive early results from its generative AI solutions across its travel platforms, indicating a shift in how travelers plan and experience travel [1][4]. Company Developments - The company, which owns brands like Booking.com, Priceline, Agoda, Kayak, and OpenTable, has introduced several generative AI tools and expanded its offerings during the third quarter [2]. - New AI-powered tools include Agoda's chatbot for hotel-specific inquiries, Kayak's natural-language search experience, and Booking.com's app features that highlight destinations [5]. Performance Metrics - The Chief Financial Officer noted that the company is measuring the impact of AI through faster search, improved conversion rates, reduced cancellation rates, and enhanced customer satisfaction [3]. - The new AI tools are reported to boost conversion levels by facilitating quicker bookings and lowering cancellation rates by meeting customer needs more effectively [3]. Strategic Vision - The CEO emphasized the importance of advancing AI capabilities and combining them with data-driven insights to enhance the travel experience and the value proposition of the platform [6]. - Booking Holdings is committed to evolving its AI offerings to meet the changing needs of travelers and is actively expanding its partnerships with AI organizations, including being among the first apps in OpenAI's ChatGPT app store [8]. Partner Solutions - The company has also introduced AI-powered tools for its partners, such as a Smart Messenger for communication with guests and an Auto-Reply feature for personalized responses [7]. - The CEO highlighted that AI is enhancing the unique value the company provides to its supply partners [7].

Group 1 - Comstock Inc. will participate as a Silver Sponsor at the 51st Annual New Orleans Investment Conference from November 2-5, 2025, with CFO Judd B. Merrill presenting on November 3rd [1] - The New Orleans Investment Conference is a prominent event that gathers successful analysts, newsletter writers, and investors to explore major asset classes, including equities [2][3] - The conference has a rich history of featuring notable speakers, including former political leaders and economists, which adds to its prestige [4] Group 2 - This year's speaker lineup includes influential figures such as Robert Kiyosaki, Peter Schiff, and Mary Katharine Ham, indicating a diverse range of insights and expertise [5][6] - Comstock Inc. focuses on innovating and commercializing technologies for clean energy systems, particularly through the extraction and conversion of under-utilized natural resources into reusable metals [7]

Core Insights - Corning Incorporated (GLW) reported strong third-quarter 2025 results, with adjusted earnings and revenues exceeding the Zacks Consensus Estimate, driven by robust sales across various end markets and the increasing adoption of advanced products for Gen-AI applications [1][9] Financial Performance - The company achieved a net income of $430 million or 50 cents per share, a significant improvement from a loss of $117 million or 14 cents in the same quarter last year [2] - Core earnings for the quarter were $585 million or 67 cents per share, up from $465 million or 54 cents in the year-ago quarter, beating the Zacks Consensus Estimate by a penny [2] - Net sales on a GAAP basis reached $4.1 billion, up from $3.39 billion in the previous year, with core sales increasing by 14% to $4.27 billion, surpassing the consensus estimate of $4.21 billion [3] Segment Performance - Optical Communications segment generated $1.65 billion in revenues, a 33% year-over-year increase, driven by strong demand for Gen-AI products, and net income improved to $295 million, up 69% year over year [4] - Display Technologies reported revenues of $939 million, down 7% year over year, with net income decreasing by 12% to $250 million [5] - Specialty Materials segment saw revenues of $621 million, up 13% year over year, with net income rising to $113 million from $72 million a year ago [5] - The Automotive business contributed $454 million in net sales, a 6% increase year over year, with net income up 33% to $68 million [6] - Life Sciences segment revenues were $242 million, slightly down from $244 million in the previous year, but net income increased by 7% to $16 million [6] - Hemlock and Emerging Growth Businesses reported a 46% growth in net sales to $364 million, although the segment incurred a net loss of $1 million compared to a net income of $12 million in the prior year [7] Profitability and Cash Flow - Quarterly gross profit increased to $1.52 billion from $1.13 billion, with gross margins improving to 37.1% from 33.5% [8] - Operating income rose to $589 million from $302 million in the prior-year quarter, while core gross margin was 39%, slightly down from 39.5% in the year-ago quarter [8] - Corning generated $784 million of net cash from operations during the quarter, compared to $699 million in the same period last year, and had $1.64 billion in cash and cash equivalents as of September 30, 2025, with $7.4 billion of long-term debt [10] Future Outlook - For the fourth quarter of 2025, core sales are estimated at $4.35 billion, with core EPS expected to be in the range of 68-72 cents [11]

Core Points - Amazon announced layoffs of approximately 14,000 corporate employees as part of its ongoing cost-cutting measures [1] - The layoffs aim to create a leaner and less bureaucratic organization while focusing on investments in generative artificial intelligence [1][2] - This round of layoffs could potentially be the largest in Amazon's history, with reports suggesting that up to 30,000 employees may be affected [2] Company Strategy - Amazon plans to continue laying off employees in the upcoming year while also hiring in "key strategic areas" [3] - The CEO indicated that the workforce would decrease as the company adopts generative AI, requiring fewer employees for certain roles and more for others [3]

Core Insights - Comstock Inc. will host a webinar on October 30, 2025, at 11:30 am ET to discuss recent financial results and business updates [1][2] - The webinar will include a Q&A session where participants can submit questions in advance [2] - Comstock Inc. focuses on innovating and commercializing technologies for clean energy systems, particularly in extracting and converting natural resources into reusable metals [3] Company Overview - Comstock Inc. operates in the clean energy sector, specializing in the extraction of metals such as silver, aluminum, and gold from end-of-life photovoltaics [3] - The company aims to support sustainable practices by efficiently utilizing under-utilized natural resources [3] Communication Strategy - Comstock Inc. utilizes various platforms, including its investor relations website and social media accounts, to disclose material non-public information and comply with regulatory obligations [4]

Netflix is expanding its use of generative artificial intelligence (AI) across its streaming platform, advertising operations and content creation, according to CNBC.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. ...