"We delivered another quarter of positive comp sales, despite headwinds related to hurricane activity in the prior year. With the closing of the FBM acquisition last month, we look forward to enhancing our offering to Pro customers and creating more sustainable, long-term sales and profit expansion for the company." 9 of 15 Regions Q3 2025 RESULTS Marvin R. Ellison, Chairman & CEO Delivered positive comp sales growth Partnered with Building Homes For Heroes of Mooresville, NC to build first-of-its kind comm ...

Core Insights - Varonis Systems, Inc. has announced the integration of its Data Security Platform Management (DSPM) with Microsoft Purview, enhancing visibility into sensitive data across various platforms [1][2] - The integration aims to support organizations in safely adopting AI applications by providing increased visibility into sensitive data accessed by these tools, addressing the challenges posed by data growth and sprawl [2][3] - This collaboration is designed to eliminate blind spots, strengthen risk posture, and simplify security operations, allowing customers to manage data risks more effectively [3] Company Overview - Varonis is recognized as a leader in data security, focusing on discovering and classifying critical data, removing exposures, and detecting advanced threats through AI-powered automation [4] - The company provides a range of security solutions, including data security posture management (DSPM), data classification, data access governance (DAG), and more, catering to various environments such as SaaS, IaaS, and hybrid cloud [5] - Varonis emphasizes a proactive approach to data protection, prioritizing data security in its operations [6]

Core Insights - More than half of North Americans have lost trust in companies that provide poor experiences or unclear communication, with 71% of consumers indicating a need for improvement in customer experience, a significant increase from 2019 [1][3] Group 1: Customer Experience and Trust - Customer communications are essential for enhancing the customer experience, with companies that prioritize clear and engaging communication likely to gain trust and loyalty [2][3] - 59% of respondents have lost trust in companies due to poor experiences or unclear communication [3] Group 2: Customer Personas - The study identifies two key customer personas: Engaged Explorers and Practical Optimizers, each with distinct preferences for communication and experience [3][4] - Engaged Explorers prefer interactive emails (84%) and want bills and statements consolidated digitally (87%), but only 15% feel they receive a quality experience [3] - Practical Optimizers value efficiency and clear communication, with 44% prioritizing transparency in their interactions, and 41% feel companies meet their experience expectations [4] Group 3: AI and Consumer Expectations - While AI adoption is growing, only 37% of consumers believe it has improved their overall experience, with a notable difference in perception between the two personas [7][14] - 62% of consumers are more likely to engage with companies that have advanced security measures, and 52% are willing to share personal data for better experiences [7] Group 4: Communication Preferences - Key functions companies should prioritize include honoring preferred communication channels (39%), providing simple engagement methods across channels (38%), and simplifying business interactions (33%) [6] - Despite digital advances, 55% of consumers still receive paper communications, with nearly half willing to switch to digital if options are more intuitive and secure [9]

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. The 2025 Finance and Accounting Technology Expo last week brought together CFOs, technology leaders, finance decision makers and technology providers for two days of discussions on modernization, data governance, AI adoption and the evolving finance tech stack. Held at the Javits Center in New York City on Nov. 13 and 14, the event mixed mainstage sessions with hands-on demos ...

November 16, 2025 09:20 PM GMT 2026 Asia Economics Outlook M Asia Pacific Insight From Tech to Non-Tech – The Recovery Broadens We see the recovery broadening out as an uplift in non-tech exports leads to better capex momentum, improved labour market conditions and consequently consumption. We are near the end of the easing cycle as disinflationary pressures reduce. The recovery broadens: Strong tech exports have supported overall exports but with limited spillover effects given their highly capital-intensi ...

Long recognized as one of the world’s most innovative financial institutions, BBVA is now applying AI at global scale: as a new way of working and a core capability across the organization. We sat down with Antonio Bravo, Global Head of Data & AI and Elena Alfaro, Head of Global AI Adoption, to hear how the bank is scaling AI adoption across teams and business units. Read more: https://openai.com/index/bbva-2025/ ...

Market Overview - Markets were mixed with the S&P 500 gaining 0.2% and the Dow Jones Industrial Average adding 1%, while tech stocks fell, with the Nasdaq Composite dropping 0.25% [2] - The current market themes include earnings, the government shutdown, and interest rates [2] Earnings Insights - Third-quarter earnings have risen over 13% year-over-year, exceeding revenue growth, indicating increased efficiencies [3] - The rise in profits amidst mounting layoffs suggests that AI adoption is proving profitable for companies investing in it [3] Government Shutdown Impact - The government shutdown is a significant factor affecting interest rates and is expected to be addressed by the House soon [4] - The reopening of the government will lead to the resumption of economic data, which is crucial for the upcoming Federal Reserve meeting [4] Federal Reserve Meeting - The next Federal Reserve Open Market Committee meeting is on December 10th, with a 65% chance of a quarter-point interest rate cut [5] - Disagreements among Fed members regarding the interest rate cut were reported, indicating potential volatility in the markets upon the resumption of government functions [5] Company Earnings to Watch - Cisco Systems is expected to report earnings of $0.98 per share, with its commentary on global economic conditions being of particular interest [6] - Disney's upcoming earnings report is anticipated to address potential impacts from reduced holiday travel and ongoing negotiations with YouTube TV regarding Disney-owned channels [8] Stock Movements - Advanced Micro Devices (AMD) expects increased revenue growth due to strong data center demand, with shares rising nearly 5% in premarket trading [9] - Shares of OKLO Inc., a supplier of energy for data centers, have increased by 3% following their earnings report [9] Commodities and Market Sentiment - Equities are nearing all-time highs amid hopes for an end to the government shutdown, raising questions about whether this is a "buy the rumor, sell the news" scenario [10] - Bitcoin is approaching the $100K mark, a key technical level, while metals like silver and gold are regaining ground after a pullback, often seen as safe havens [10]

Core Insights - Broadcom is advancing an open ecosystem for VMware Cloud Foundation (VCF), enabling customers to build and extend modern private clouds with increased flexibility and adaptability across infrastructure layers [1][2] - The new VCF AI ReadyNodes and expanded ODM self-certification program aim to enhance participation from OEMs and ODMs, facilitating the adoption of next-generation technologies [2][4] Open Hardware Ecosystem - Broadcom is expanding its open hardware certification program to include VCF AI ReadyNodes, allowing for self-certification by ODM partners, which will enhance sourcing flexibility and reduce total cost of ownership [2][4] - Supermicro and OVHcloud are among the first to certify their systems as VCF AI ReadyNodes, which will streamline the migration to optimized GPU solutions for AI adoption [3][4] Edge Ecosystem Expansion - Broadcom is introducing new edge-optimized nodes for various applications, supporting the deployment of private cloud infrastructure closer to data generation points [4][5] Networking Strategy - A new strategy to unify network fabrics using standards-based EVPN and BGP networking will simplify operations in modern private clouds, enhancing interoperability and promoting cloud-like simplicity [6][7] - Collaboration with Cisco on the Nexus One fabric solution will provide customers with architectural flexibility and lower total cost of ownership [7][8] Open Source Contributions - Broadcom is a leading contributor to the Kubernetes community and has announced that VMware vSphere Kubernetes Service is now a Certified Kubernetes AI Conformant Platform, reinforcing its commitment to open standards [9][10]

Core Insights - Appian reported Q3 CY2025 revenue of $187 million, a 21.4% year-on-year increase, exceeding analyst estimates of $174.1 million by 7.4% [1][6] - The company’s non-GAAP profit was $0.32 per share, significantly above the consensus estimate of $0.05 [1][6] - Revenue guidance for Q4 CY2025 is set at $189 million, surpassing analyst expectations of $187.4 million [1][6] Performance Highlights - The positive market reaction was attributed to strong cloud subscription performance and operational efficiency [3] - Over 25% of Appian's customer base is now utilizing Appian AI, contributing to a 50% increase in large software deals [3] - The company achieved a net revenue retention rate of 111%, consistent with the previous quarter [6] Future Outlook - Management anticipates continued demand driven by AI, with upcoming product releases like Agent Studio expected to enhance adoption [4] - The company plans to balance sales headcount growth with sustainable margin expansion, projecting more modest margin growth ahead [4] - Full-year adjusted EPS guidance has been raised to $0.52, reflecting a 62.5% increase [6]

Financial Data and Key Metrics Changes - Comparable EBITDA increased by 10% year over year, reaching $2.7 billion in the third quarter [30] - The company expects 2025 net capital expenditures to be at the low end of the $5.5 billion-$6 billion range, with a clear line of sight to achieving a long-term target of 4.75 times debt to EBITDA [5][10] - The implied weighted average unlevered after-tax IRR of the sanctioned portfolio increased to approximately 12.5%, up from 8.5% a few years ago [10] Business Line Data and Key Metrics Changes - The U.S. natural gas business saw LNG flows increase by 15% this quarter, setting a new peak delivery record of 4 bcf per day [29] - Bruce Power achieved 94% availability, aligning with the expected annual availability in the low 90% range for full year 2025 [30] - The power and energy solutions segment experienced an 18% reduction in EBITDA, primarily due to the dual-unit Major Component Replacement (MCR) outage program [30] Market Data and Key Metrics Changes - In Canada, natural gas demand from power generation has increased by 80% over the past five years [12] - Mexico's daily gas imports are averaging 4% higher in 2025 than in 2024, with the highest peak import day recorded at over 8 bcf a day [29] - The natural gas forecast has been revised 5 bcf a day higher, now calling for a 45 bcf a day increase in natural gas demand by 2035 [7] Company Strategy and Development Direction - The company remains focused on low-risk, high-return growth, emphasizing the execution of projects on time and on budget [38] - The strategic focus includes maximizing the value of existing assets through safety and operational excellence while leveraging commercial and technological innovation [38] - The company is positioned to capture growth in the energy market, particularly in natural gas and power generation, with a strong emphasis on brownfield in-corridor expansions [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the supportive regulatory environment across North America, which is expected to enhance project delivery timelines [6] - The company anticipates continued strong performance with year-over-year growth of 6%-8% expected in 2026 [32] - The outlook for natural gas and power demand is trending higher, with significant opportunities in the energy market [10][11] Other Important Information - The company sanctioned $5.1 billion in new projects over the last 12 months, capitalizing on the demand for power generation and data centers [5] - The company has developed enhancements that have improved capital allocation and project development rigor, increasing capital efficiency and cost management [20] - The company is leveraging AI and advanced algorithms to optimize pipeline configurations and improve operational performance [17][18] Q&A Session Summary Question: Long-term EBITDA growth trajectory - Management indicated that if current return levels remain true, mid-single-digit CAGR guidance could be sustained beyond 2028 [40][41] Question: Potential for increased CapEx - Management stated that while the current CapEx is set at $6 billion, there is potential to consider increasing it based on project backlog and execution capabilities [42][43] Question: Size and complexity of projects - Management noted that projects are becoming larger but remain straightforward in execution, with average project sizes around $500 million [46][48] Question: Project backlog and capital constraints - Management confirmed that no projects have been turned down due to capital constraints, and there is room to expand the backlog [50][51] Question: Strategic decision to focus on transmission - Management explained that the focus on transmission rather than competing in power generation is driven by strong utility relationships and low-risk returns [52] Question: Status of Bruce C project - Management provided an update on the Bruce C project, indicating progress towards FID with ongoing assessments and funding considerations [54] Question: Rate cases and potential toll increases - Management confirmed that several rate cases are in process, with conservative estimates included in budgeting and forecasting [57] Question: Challenges with contractors and market pressures - Management acknowledged that while market pressures have not materially impacted operations, they are monitoring suppliers and contractors closely [58][60]