Core Insights - Evolent Health reported Q3 CY2025 results with revenue of $479.5 million, a 22.8% decline year on year, but exceeded market expectations by 2.6% [1][6] - The company's non-GAAP profit was $0.05 per share, which was 52.5% below analysts' consensus estimates of $0.11 [1][6] - Revenue guidance for Q4 CY2025 is set at $467 million, which is below analysts' estimates of $472.9 million [1][6] Revenue and Financial Performance - Revenue for Q3 CY2025 was $479.5 million, down 22.8% year on year, but beat analyst estimates of $467.3 million [6] - Adjusted EBITDA was $38.96 million, exceeding analyst estimates of $37.67 million, with an 8.1% margin [6] - Operating margin improved to 0.2%, up from -2.6% in the same quarter last year [6] Management Commentary - Management attributed revenue decline to membership reductions in government exchange and Medicare Advantage markets, along with increased medical utilization in cardiology [3] - CEO Seth Blackley noted the challenging industry environment and emphasized the importance of new contract wins and pipeline growth [3][5] - The company expressed uncertainty regarding future membership changes and highlighted the potential impact of federal policy decisions on revenue and margins [4] Future Outlook - Evolent Health's guidance reflects management's uncertainty about membership trends in the exchange and Medicare Advantage markets [4] - The company anticipates that execution on new contracts and external policy changes will be critical for future growth [4]

華爾街給特斯拉 Q4悲觀預測？ 他們只看到 美國市場 在「結冰」 卻徹底忽略了 地球另一端 正在上演的 「世紀搶購潮」！ 讓我給你一個 驚人對比 Q4是電動車市場 的冰與火之歌 冰在哪？ 美國 因為$7 500美元的 聯邦補貼結束了 消費者都趕 在Q3「搶跑」 透支了Q4的需求 所以美國銷量 將會下滑 這是事實 華爾街緊盯著 這7%的市場 覺得天要塌了 火在哪？ 中國！ 這個市場佔據了 全球電動車 銷量的 超過60%！ 在中國 購置稅全免政策 即將在 12月31日結束 2026年這個補貼 將直接腰斬！ 這意味著什麼？ 如果一個中國買家 在12月31日 和1月1日提車 車價可能直接相差 1萬5千元人民幣！ 如果你是消費者 你會怎麼選？ 當然是拼命也要 在年底拿到車！ 這種政策截止日 引發的巨大拉力 將遠遠超過 美國市場的 短期阻力 華爾街 分析師們 就是因為他們的 「美國中心主義」 視角 嚴重高估了 7%的衰退 卻嚴重低估了 60%的爆炸！ 這就是他們預測 再次失誤的 致命傷！. ...

大家好我是大鱼 哪个CEO会 公开要求政府 取消对自己 公司的补贴？ 几年前 马斯克这么做时 大家都觉得他疯了 但今天 当通用福特 惨赔数十亿美元 我们才发现 这不是疯狂 而是一场教科书 等级的阳谋 他竟将单纯的 电车补贴 玩成了一把 精准打击对手 顺便奖励自己的 地缘政治武器 大家不要错过 今天的精彩内容 OK let's go 第一部分 马斯克的阳谋 哪个公司的老板 会嫌钱烫手 公开在 社群媒体上大喊 叫政府别再给 自己行业发补贴了？ 这听起来是不是 有点反直觉？ 但马斯克就曾经 发过这么一条推文 他说拿掉补贴吧 这只会对 特斯拉有帮助 他还认为 应该把所有行业的 补贴都取消掉！ 这操作曾经 让很多人认为 马斯克是疯了 但最近几家 传统车企的最新动向 却能证明马斯克 的先见之明 今天 我们就要把这件事 和最近在中国 发生的一件 看似无关的「假新闻」 事件串起来聊 因为这两件事 放在一起 就像一面稜鏡 折射出马斯克 和特斯拉 在中美这盘大棋局里 那个极其微妙 又充满矛盾的角色 他一边在美国 利用政府的政策 把传统车厂往死里逼 另一边 又把公司下一个 世代的未来 压在了华盛顿 最想「脱钩」的 中国供应链上 这 ...

Geopolitical & Supply Chain Concerns - China's restriction on rare earth mineral exports is viewed as a threat to the global supply chain [1] - China restricted seven rare earth materials initially, and added five more recently [3][4] - These restricted rare earths, critical for commercial and military tech, constitute only about 1% of a rare earth deposit [4] - The move may indicate China's intention to retain these materials long-term, potentially impacting the US [5] - China may be using rare earth restrictions as leverage in trade disputes [6] Market & Economic Impact - China's potential reduction of serium, lanthanum, neodymium, and praodmium prices (the bulk of rare earth deposits) could negatively impact the profitability of new and existing rare earth mines [8] - This could necessitate US government subsidies to maintain operations like the Mountain Pass mine [8][9] - Restrictions will impact electric car production due to the use of dysprosium in neodymium boron magnets [16] - China has historically manipulated rare earth pricing to achieve strategic goals, including attracting foreign investment [16] US Response & Strategic Considerations - The US government may need to subsidize the Mountain Pass mine to secure turbium, dysprosium, scandium, and yttrium, essential for military technologies [10] - The US possesses sufficient heavy rare earth deposits to support military applications, particularly from Mountain Pass and Lionus' Mount Weld mine in Australia [13] - Government involvement and subsidies are likely needed to develop domestic rare earth resources in Wyoming, Alaska (UKORB site), and potentially Greenland [19] - There's a trend towards sovereign control over these materials [19]

The pace of Japan’s consumer inflation slowed abruptly on the back of government utility subsidies while remaining well above the Bank of Japan’s target hours before authorities are set to decide policy https://t.co/QZN4PBwGLn ...

Government Investment & National Security - 美国政府收购英特尔 10% 的股份，旨在将芯片制造业转移回美国本土，解决国家安全问题 [1][13] - 芯片法案提供数十亿美元的贷款和 90 亿美元的赠款，以支持芯片制造回流 [1] - 此次股权收购是政府对芯片法案的调整，旨在从对芯片制造商的投资中获得回报，而非无偿赠款 [1][15] - 股权收购模式优于以往政府在经济困境时无偿提供资金的做法，允许美国纳税人分享企业增长的收益 [9] - 股权换取模式可以为公司提供正确的激励，避免公司不断寻求政府救助 [12][15] - 自由市场未能实现芯片制造回流的目标，因此需要政府干预 [13][16] Comparison with China's Approach - 中国政府通过平衡表支持关键产业公司，有时会要求获得“金股”以控制董事会 [4] - 中国利用其在稀土等行业的股权，通过价格操纵等手段扰乱市场，从而锁定资本市场，排挤竞争对手 [5][6] - 与中国不同，美国政府的股权投资不寻求控制权，保持透明度，并允许资本市场为这些企业融资 [9] Potential Concerns & Future Implications - 这种模式是否会成为常态，美国政府是否会开始通过股权换取贷款和赠款，引发争议 [2][3] - 股权换取模式需要考虑国家安全利益或类似情况，以及自由市场未能实现优先事项的情况 [16]

French government subsidies for renewable energy are set to jump 23% to a record €9 billion next year, after almost doubling in 2025 https://t.co/lesb3jGK50 ...

Apple just one of four Mag 7 names set to report this week and some new iPhone sales data out of China could shed some light on what to expect. Our Steve Kovac has that in today's tech check. Morning Steve.>> Yeah, some good data Carl coming out of here ahead of earnings on Thursday. China though it's still a sore spot for Apple as it loses market share to its big rival out there Huawei. But some good news in this report.iPhone sales are growing again and that's thanks to government subsidies, trade-in deal ...

Core Viewpoint - Investors are increasingly skeptical about USA Rare Earth's potential to secure government subsidies, especially in comparison to its competitor MP Materials, which has established operations and partnerships [1][6]. Company Comparison - USA Rare Earth has not generated any revenue, while MP Materials reported over $200 million in revenue last year, with expectations of 30% growth this year and nearly doubling revenue by 2026 [4]. - MP Materials has active mining operations and a refining business, whereas USA Rare Earth lacks these capabilities and is projected to start generating revenue only in 2026 [4][5]. Profitability Outlook - Analysts predict that USA Rare Earth may not achieve adjusted profits until 2028, with no clear timeline for when it might earn a GAAP profit [5]. - In contrast, MP Materials has secured a 10-year deal with the Pentagon and a $500 million partnership with Apple, highlighting its strong market position [6].

The feud between Elon Musk and President Donald Trump continues to escalate with Trump now threatening to withdraw government subsidies from his former billionaire ally’s companies.On this episode of the Elon, Inc. podcast, we discuss the possibility of Musk starting a third political party to challenge Republican incumbents in the upcoming primary election https://t.co/VkeF7YeEyg ...