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DMG Blockchain Solutions Inc. Announces Third Quarter 2025 Earnings Release Date and Conference Call Details
Globenewswire· 2025-08-19 18:22
VANCOUVER, British Columbia, Aug. 19, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, announces it will release financial results for its third quarter 2025 ending June 30 on August 25, 2025 before the market open. Third Quarter 2025 Results Conference Call Details The Company will host a conference call to review its results and provide a corporate update on ...
DMG Blockchain Solutions Inc. Announces Third Quarter 2025 Earnings Release Date and Conference Call Details
GlobeNewswire News Room· 2025-08-19 18:22
VANCOUVER, British Columbia, Aug. 19, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, announces it will release financial results for its third quarter 2025 ending June 30 on August 25, 2025 before the market open. Third Quarter 2025 Results Conference Call Details The Company will host a conference call to review its results and provide a corporate update on ...
AT&T is directing more managers to relocate or face layoffs
Business Insider· 2025-08-19 18:14
Core Insights - AT&T is transitioning to a "market-based culture" that emphasizes collaboration among employees, as indicated by CEO John Stankey's recent memo [1] - The company is consolidating 22 internal help-desk centers into six locations, affecting managers who have two weeks to decide on relocation or face job loss [1][5] - This consolidation aligns with AT&T's ongoing strategy to upgrade technology and reduce legacy costs, reflecting a broader trend in corporate America towards performance metrics and in-office work [2][12] Company Restructuring - The consolidation plan involves relocating managers to six sites: Atlanta, Mesa (Arizona), Miami, Orlando, Richardson (Texas), and Tulsa (Oklahoma) [5] - Employees facing relocation are required to cover their own moving expenses, leading to concerns about the impact on their families [6][11] - The spokesperson confirmed that the relocations aim to optimize workflows and improve efficiency, consistency, and teamwork [12] Workforce Impact - AT&T's previous restructuring in 2023 involved reducing the number of managerial locations from 300 to nine metro areas, affecting around 60,000 managers [13] - The company has seen significant employee turnover, with about half of the 318 managerial workers in the AT&T Technology Services division declining relocation offers [17] - As of early 2023, AT&T employed over 160,000 workers, with a reduction to approximately 141,000 by the start of the year [18] Technological Integration - AT&T is increasingly incorporating AI to streamline operations, with expectations to save $3 billion in running costs through further integration [19] - The CTO mentioned that the division has begun using generative AI to automate troubleshooting processes, indicating a shift towards more technology-driven solutions [20] - The company's stock has seen a 27% increase in 2025, suggesting investor support for these strategic changes [20]
X @TechCrunch
TechCrunch· 2025-08-19 17:54
The round, which pushes Databricks' valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he's found an enormous untapped AI agent market to spend the funds. https://t.co/rhFZ70sFgS ...
Micron Stock Still Cheap Despite 25% Rally, Analysts Say
MarketBeat· 2025-08-19 17:52
Core Viewpoint - Micron Technology is positioned for continued growth due to strong demand for chips and data centers, with recent earnings results providing further optimism for investors [2][4][6]. Group 1: Company Performance - Micron's stock has rallied 25.2% over the past quarter, significantly outperforming the S&P 500 index, which rose by 8.6% [4]. - The company reported earnings per share (EPS) of $1.91, exceeding market expectations of $1.57 by 22% [6]. - Demand for Micron's HBM chips has been higher than anticipated, with management indicating this trend will persist in upcoming quarters [7]. Group 2: Valuation Metrics - The current price-to-earnings-growth (PEG) ratio for Micron is 0.2x, suggesting that 80% of future EPS growth is not yet priced in [9]. - Analysts have set a 12-month price target for Micron at $147.24, indicating a potential upside of 19.73% from the current price of $122.98 [9]. - Some analysts, like Kevin Cassidy from Rosenblatt Securities, project a target price of $200 per share, implying a 62% upside potential [11]. Group 3: Market Sentiment - Recent institutional buying activity has been noted, with Rafferty Asset Management increasing its holdings in Micron by 37.5%, bringing their total position to $508.9 million [12]. - The overall analyst consensus is a Moderate Buy rating for Micron, reflecting confidence in its growth potential despite recent stock performance [10][14].
Workday Set to Report Q2 Results: Will Revenue Growth Boost Earnings?
ZACKS· 2025-08-19 17:36
Key Takeaways WDAY to report Q2 results on Aug. 21, subscription services revenues are projected to grow 13.5% YOY.Strong focus on AI integration across Workday product suite is a major growth driver.Healthy traction in multiple verticals like education, financial services, retail will likely boost net sales.Workday, Inc. (WDAY) is set to release second-quarter fiscal 2026 results on Aug. 21, after the closing bell. In the trailing four quarters, the company delivered an earnings surprise of 9.75%, while in ...
META Focuses on User Safety & Engagement: Ad Revenues to Rise?
ZACKS· 2025-08-19 17:31
Core Insights - Meta Platforms is enhancing user safety on WhatsApp and improving connectivity features on Instagram, which is expected to drive advertising revenues [1] - The integration of AI across platforms is increasing user engagement, contributing to higher ad revenues [2] Advertising Revenue Performance - In Q2 2025, Meta's advertising revenues increased by 21.5% year over year to $46.56 billion, accounting for 98% of total revenues [5][11] - The Zacks Consensus Estimate for Q3 2025 advertising revenue is projected at $48.07 billion, indicating over 20% growth compared to the same quarter last year [5] User Engagement and Features - AI-driven content improvements have led to a 5% increase in time spent on Facebook and a 6% increase on Instagram in Q2 2025 [2] - New features on Instagram, such as repost, interactive map, and Friends tab in Reels, are designed to enhance user connections [4][11] - WhatsApp has implemented anti-scam tools, detecting and banning over 6.8 million accounts related to online fraud in the first half of 2025 [3][11] Competitive Landscape - Meta is facing significant competition for advertising dollars from companies like Alphabet and Amazon [6] - Alphabet's advertising revenues rose 10.4% year over year to $71.34 billion, while Amazon's advertising business grew 23% year over year to $15.69 billion [7][8] Stock Performance and Valuation - Meta's stock has increased by 31% year to date, outperforming the broader Zacks Computer and Technology sector [9] - The company has a forward 12-month Price/Sales ratio of 8.98X, higher than the sector average of 6.74X [13]
Is Opendoor's AI-Driven Cash Offer Model Still Competitive?
ZACKS· 2025-08-19 17:20
Key Takeaways Opendoor's AI-driven cash offer anchors its model, with one in four acquisitions from agent-led deals.New tools like the Key Agent app and Cash Plus drove 5x listing conversions in pilot programs.OPEN stock surged 391.6% in three months, far outpacing Zillow and Compass despite wider losses.Opendoor Technologies Inc.’s (OPEN) AI-driven cash offer model forms the foundation of its entire business operations. Cash offer is its flagship product, which is powered by the proprietary data fed into t ...
Meta rolls out AI-powered translations to creators globally, starting with English and Spanish
TechCrunch· 2025-08-19 17:20
Meta is rolling out an AI-powered voice translation feature to all users on Facebook and Instagram globally, the company announced on Tuesday. The new feature, which is available in any market where Meta AI is available, allows creators to translate content into other languages so it can be viewed by a broader audience. The feature was first announced at Meta’s Connect developer conference last year, where the company said it would pilot test automatic translations of creators’ voices in reels across both ...