装上了AI模块的成人娃娃，在海外市场售卖时，可以溢价100美元。除了硬件，有AI功能的娃娃还能带来软件付费，目前七块科技的App端口付费 率已经超过50%。 当AI技术渗透成人用品行业，传统成人娃娃正从单纯的性工具，转向情感陪伴载体，这一转型撬开了更广阔的商业空间，让曾被资本回避的"灰色 赛道"，找到了新机会 文｜《财经》记者刘以秦 研究员 胡苗 编辑｜刘以秦 深圳南山区的一栋写字楼里，挤满了各类AI和机器人相关的创业公司，顶层的角落里一家AI初创公司七块科技（7block）有些格格不入，他们在 产品测试时声音此起彼伏，担心影响到邻居，特意选择了角落的办公区。 李淋是七块科技的创始人，他从事成人用品行业多年，一直在研发更智能化的成人用品。2024年大模型爆发后，他开始琢磨怎么把AI大模型和成 人玩具结合起来。与那些动辄融资10亿元的AI独角兽们不同，李淋做出来的产品可以直接拿出来展示，一个塑料袋装着的、像杯子和遥控器组合 的AI模块，卖给珠三角的工厂老板们，一套100多元。 当AI技术渗透成人用品行业，传统成人娃娃正从单纯的性工具，转向情感陪伴载体，这一转型撬开了更广阔的商业空间，让曾被资本回避的"灰色 赛道 ...

We're back on Morning Trade Live. Palo Alto Networks will be in the spotlight this afternoon when the cyber security firm reports second quarter earnings. Analysts are expecting adjusted earnings per share of 93 cents on revenue of $2.58% billion.Shares though are down nearly 10% in 2026. We are under pressure today by the tune of 3.5% at 16114. Let's go inside out on Palo Alto Networks and the larger tech space.Joining us now, I'm very pleased to say, is Dan Niles, who's the founder and portfolio manager a ...

Financial Data and Key Metrics Changes - Full-year Adjusted EBITDA reached $613.8 million and Distributable Cash Flow (DCF) was $385.7 million, both records for the company [3][12] - Fourth quarter net income was $27.8 million, operating income was $76.6 million, and net cash provided by operating activities was $139.5 million [11] - Average pricing per horsepower increased to $21.69, a 1% sequential increase and a 4% increase year-over-year [11] - The leverage ratio at the end of Q4 was 4.0 times [11] Business Line Data and Key Metrics Changes - Average active horsepower increased approximately 1% to 3.579 million [11] - Total fleet horsepower at the end of Q4 was approximately 3.9 million, adding about 21,000 horsepower compared to the prior quarter [11] - Average utilization for Q4 was 94.5%, a slight increase compared to the prior quarter [12] Market Data and Key Metrics Changes - Natural gas prices averaged $3.52 per MMBTU, a 56% increase from the prior year [5] - Oil production flattened in the latter half of the year, while natural gas production increased approximately 9% year-over-year [4] Company Strategy and Development Direction - The company aims to integrate the J-W Power acquisition, expecting annual run-rate synergies of $10 million to $20 million by the end of 2027 [8][9] - Focus on increasing customer retention and extending average contract duration [9] - Plans to add approximately 105,000 new horsepower in 2026, representing a 2% increase in active horsepower [6][13] Management's Comments on Operating Environment and Future Outlook - The energy macroenvironment stabilized in 2025, but development pace slowed in the Permian due to lower oil prices [4] - Management remains bullish on the long-term prospects of the Permian basin despite short-term challenges [4] - The company is optimistic about the demand from data centers and LNG, indicating a positive outlook for the gas industry [43] Other Important Information - The company refinanced its ABL and senior notes, significantly reducing weighted average borrowing costs [3][14] - Expansion capital expenditures for Q4 were $40 million, with maintenance capital expenditures at $7.8 million [12] Q&A Session Summary Question: Growth CapEx guidance breakdown - Approximately $205 million of growth capital is tied to the typical compression business, with about $150 million for new units [20] Question: Impact of balance sheet actions on distribution coverage - The normalized distribution coverage is about 1.55x, with expectations to reach 1.6+ in the coming year [26] Question: Timing of new horsepower delivery - Most new horsepower is expected to come in the back half of the year, primarily from July onward [29] Question: Evaluation of distributed power space - The company has evaluated opportunities in the distributed power business but has not yet found suitable candidates [33] Question: Expectations for remaining new horsepower - The remaining balance of new horsepower is expected to be contracted soon, focusing on tier one customers [34] Question: Long-term horsepower growth strategy impact - Lead times for new packages are challenging but will not affect 2026 growth; efforts are being made to secure growth for 2027 [36]

Quick Read Walmart Was America’s Largest Company For Years Amazon Has A Faster Revenue Growth Rate AWS Helps Amazon’s Revenue Increae Pace A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Depending on the source, Walmart (NYSE: WMT) has ranked as the largest company in the US based on the Fortune 500 for either 13 or 14 consecutive years. It has about 4,600 locations in the US, including Supercenter ...

Company Initiatives - Dell announced the launch of a unified enterprise platform named "One Dell Way" on May 3, 2026, described as the largest transformation since the company's inception, aimed at integrating data systems and simplifying processes to enhance operational efficiency and customer experience in the AI era [2] Business Progress - In the third fiscal quarter of 2026 (ending October 31, 2025), Dell's AI server orders reached a record high of $12.3 billion, with a backlog of $18.4 billion. The company raised its full-year AI server shipment guidance to approximately $25 billion, representing a year-over-year increase of over 150%. The order backlog for the next five quarters is viewed as a key growth driver, covering new cloud service providers, sovereign clouds, and enterprise customers [3] Brand Marketing Activities - At CES 2026, Dell showcased the return of the XPS series laptops and the expansion of the Alienware brand, aiming to meet diverse user needs. The XPS series focuses on the high-end lightweight laptop market, while Alienware expands into mainstream price segments to strengthen its competitiveness in the AI PC and gaming ecosystem [4] Financial Performance - Dell recently reported a record high revenue of $27 billion for the third fiscal quarter of 2026, with an optimistic guidance for the fourth quarter (ending January 31, 2026), expecting a midpoint revenue of $31.5 billion, a year-over-year increase of 32%. Future earnings report schedules will be announced through official channels [5]

We're back on Morning Trade Live. Here's where Warner Brothers, Netflix, and Paramount are trading to start the week as the back and forth to acquire Warner Brothers continues. We are mixed.We've got Warner Brothers Discovery High by 2.3%. Netflix is down one and a half. Paramount Skyance is up 5.8%.So, that very much is the focus of the morning trade. Joining us now for a closer look is Marley Kalin. And Marley, it wouldn't be an M&A Monday on a Tuesday without an update on this uh ongoing saga and another ...

Summary of General Motors Company (NYSE: GM) 2026 Conference Call Company Overview - **Company**: General Motors Company (GM) - **Date of Conference**: February 17, 2026 - **Key Speakers**: Paul Jacobson (CFO), Ashish Core Industry Insights - **Stability in 2026**: The company feels that 2026 is the most stable year in recent times, despite acknowledging that unexpected events may occur [3][5] - **Tariff Environment**: GM anticipates managing $3 billion to $4 billion in tariffs for the year, which is seen as manageable based on previous experiences [7] - **Inventory Management**: GM is carrying 30%-40% less inventory than in the past, allowing for quicker responses to market demands and improved cash flow [15] Financial Performance and Strategy - **Capital Allocation**: GM's priorities include heavy investment in the business, maintaining a strong balance sheet, and returning cash to shareholders [9] - **Cash Flow Improvement**: The disciplined approach to inventory management has resulted in $3 billion to $4 billion in better cash performance [25] - **Share Buybacks**: The company has been actively buying back shares, indicating confidence in its stock value despite market fluctuations [139][140] Product Development and Market Position - **New Truck Launch**: The launch of new trucks is expected to be significant for GM, with strong demand anticipated [42] - **Electric Vehicles (EVs)**: GM is focused on achieving cost parity between EVs and internal combustion engine (ICE) vehicles, with ongoing improvements in battery technology expected to reduce costs significantly [116][119] - **Consumer Demand**: There is a belief that EV demand will continue to grow, supported by technology advancements and expanding charging infrastructure [65] Cultural and Operational Changes - **Culture of Execution**: A significant cultural shift has occurred within GM, emphasizing proactive decision-making and execution [12][14] - **Supplier Relationships**: GM has improved its relationships with suppliers, focusing on mutually beneficial solutions to navigate supply chain challenges [49] Risks and Challenges - **Geopolitical and Regulatory Risks**: The company acknowledges the need for resilience against geopolitical risks and regulatory changes, particularly concerning tariffs and labor costs [43][44] - **Market Cyclicality**: GM aims to reduce self-induced cyclicality in the auto industry, which has historically led to deeper troughs during downturns [35][39] Future Outlook - **Focus on Technology**: GM is investing in AI and technology to enhance operational efficiency across various functions, including manufacturing and customer experience [98] - **Long-term Growth**: The company is positioning itself to capture the millennial and Gen Z markets by offering a diverse vehicle portfolio that appeals to younger consumers [105][107] Additional Insights - **Deferred Revenue**: GM is seeing growth in deferred revenue from software and services, which is expected to contribute positively to overall margins [82][94] - **Sustainability of EVs**: The company is committed to a balanced approach in EV investments, ensuring that products are competitive and profitable without overextending [75][76] This summary encapsulates the key points discussed during the conference call, highlighting GM's strategic focus, financial performance, and market positioning as it navigates the evolving automotive landscape.

Sanoma Corporation, Stock exchange release, 17 February 2026 at 18:30 EET SANOMA CORPORATION: ACQUISITION OF OWN SHARES 17 FEBRUARY 2026Nasdaq Helsinki Ltd: Date17 February 2026 Exchange transactionBuy Share classSANOMA Amount14,482 Average price/share, EUR8.9814 Highest price/share, EUR9.0700 Lowest price/share, EUR8.9200 Total cost, EUR130,068.63 The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegate ...

Meridian Funds, managed by ArrowMark Partners, released its fourth-quarter 2025 investor letter for “Meridian Hedged Equity Fund”. A copy of the letter can be downloaded here. U.S. equity markets experienced a quarter supported by optimism about potential monetary easing and caution regarding economic growth and valuations. Early gains were driven by strong AI-related earnings and the US Federal Reserve’s rate cut in October, which improved expectations for financial conditions. However, market sentiment c ...

Lincoln Electric FY Conference Summary Company Overview - **Company**: Lincoln Electric (NasdaqGS:LECO) - **Event**: FY Conference held on February 17, 2026 Key Points Strategic Initiatives - **RISE Strategy**: An evolution of the existing strategy aimed at enhancing safety, productivity, and quality in operations. The acronym stands for: - **R**: Reimagine work processes - **I**: Innovate to differentiate from competitors - **S**: Serve customers better - **E**: Elevate team members' career aspirations [6][7] - **Focus on M&A**: The company aims for 300-400 basis points of growth through mergers and acquisitions, targeting both legacy welding and automation businesses [17][19]. Market Position and Growth - **Market Share**: The company is experiencing stable market share, with gains particularly in North America due to a balanced go-to-market strategy [45][47]. - **End Markets**: Greater visibility in automotive, heavy fabrication, and construction sectors, with a strong position in the Americas region [33][34]. Financial Performance and Outlook - **Volume Growth**: Anticipated mid-single-digit sales growth, with a focus on automation and core welding business [29][32]. - **Pricing Strategy**: Pricing is expected to remain flat in the second half of the year, with no incremental pricing built into forecasts [35][38]. - **Cost Management**: The company has successfully reduced finance costs by approximately 50 basis points as a percentage of sales [15]. Automation Business - **Short vs. Long Cycle**: About 20% of the automation business is short cycle, with margins more reflective of proprietary technology rather than project duration [48][49]. - **M&A Focus**: The company is looking to expand proprietary content in automation through targeted acquisitions [50][55]. Economic Indicators - **PMI Monitoring**: The company is closely watching the Purchasing Managers' Index (PMI) as a proxy for customer confidence in capital investments, which typically influences consumable volume growth [27][28]. Challenges and Risks - **European Market**: Facing challenges due to high fixed costs and competitive pricing pressures, particularly in the European market [46][75]. - **Economic Uncertainty**: The transition from internal combustion engines to electric vehicles has created headwinds in capital planning cycles for automotive clients [54]. Technology and Innovation - **AI Integration**: The company is leveraging AI to enhance internal operations and improve product value propositions, focusing on managing variability in factory environments [85][86]. Conclusion - **Future Outlook**: The company is cautiously optimistic about growth in 2026, emphasizing customer service and productivity improvements while preparing for potential market challenges [92][93].