Mirova raised its holdings in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 11.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,188 shares of the software giant’s stock after purchasing an additional 8,858 shares during the period. Microsoft accounts for about 6.4% of Mirova’s holdings, making the stock its 2nd largest holding. Mirova’s holdings in Microsoft were worth $45,159,000 at the end of the most rec ...

This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. WOLFSBURG, Germany — The Volkswagen Group chose to headline its 2025 financial results with a reassuring message about “financial resilience” and a “strong fourth quarter.” The underlying numbers tell a more complicated story. The German group still sells about 9 million vehicles a year and commands one of the broadest portfolios in the global auto industry. But sustain ...

I have so much gratitude to people who wrote extremely complex software character-by-character. It already feels difficult to remember how much effort it really took.Thank you for getting us to this point. ...

RT X Freeze (@XFreeze)Elon Musk predicts that AI will bypass coding entirely by the end of 2026 - just creates the binary directlyAI can create a much more efficient binary than can be done by any compilerSo just say, "Create optimized binary for this particular outcome," and you actually bypass even traditional codingCurrent: Code → Compiler → Binary → ExecuteFuture: Prompt → AI-generated Binary → ExecuteGrok Code is going to be state-of-the-art in 2–3 monthsSoftware development is about to fundamentally c ...

Core Insights - NETGEAR achieved its first year of revenue growth since 2020 in fiscal 2025, with net revenue reaching $699.6 million, a 3.8% increase from the previous year, and recorded non-GAAP profitability [4][7] - The enterprise segment saw significant growth, increasing by 18.8%, while consumer revenue declined by 7.3%, primarily due to a 23.3% drop in sales to service providers [2][4] - Management highlighted foundational changes and restructuring efforts that redirected investments towards higher growth and profitability areas, resulting in improved gross margins and net income [3][4] Financial Performance - Full-year non-GAAP operating profit was $5.9 million, marking the first full-year non-GAAP operating profit since 2021, with a non-GAAP net income of $13.3 million or $0.44 per share [1][7] - Non-GAAP gross margin improved by approximately 920 basis points year-over-year, reaching a record 41.2% in Q4 [9][7] - Q4 revenue was $182.5 million, flat year-over-year, with enterprise revenue contributing $89.4 million, up 10.6% year-over-year [8][9] Strategic Initiatives - The company is focusing on expanding its software capabilities and recurring revenue, with annual recurring revenue (ARR) growing 18% year-over-year to $40.4 million, supported by 558,000 recurring subscribers [6][14] - NETGEAR launched new products in 2025 to strengthen its consumer offerings and enhance subscription services [13] - A strategic agreement was made to acquire a perpetual license for the operating system powering its AV managed switches, which is expected to improve gross margins [11] Outlook for 2026 - For Q1 2026, management guided revenue to be between $145 million and $160 million, anticipating a gross margin headwind of approximately 100 basis points due to rising memory costs [5][19] - The company executed a small restructuring affecting about 5% of employees to streamline operations and maintain investment capacity [15] - Management expressed concerns about an industry-wide memory shortage impacting costs, particularly in the consumer segment, while noting that the enterprise segment is less affected [16][17]

Group 1 - GitLab reported total revenues of $244.4 million for its fiscal 2026 third quarter, reflecting a 25% year-over-year increase [3] - The appointment of Jessica Ross as the new CFO is part of a series of senior management changes at GitLab under CEO Bill Staples [3][7] - Ross will replace James Shen, who served as interim CFO since September, and will return to his role as vice president of finance [7] Group 2 - Jessica Ross will receive an initial annual base salary of $505,000 and a signing cash bonus of $150,000 [5] - Ross has over 25 years of experience in finance and operational leadership, previously serving as CFO at Frontdoor and holding senior roles at Salesforce [5][6] - GitLab's leadership emphasizes the company's readiness to assist organizations in navigating complexities related to AI, security, and modern software delivery [5][7]

Core Viewpoint - GitLab Inc. reported better-than-expected earnings and revenue for the third quarter, but its stock price fell significantly in after-hours trading following the announcement of its financial results and future guidance [1][4]. Financial Performance - GitLab reported quarterly earnings of $0.25 per share, surpassing the analyst estimate of $0.20 [2]. - The company's quarterly revenue reached $244.35 million, exceeding the Street estimate of $239.63 million [2]. Management Changes - GitLab announced the appointment of Jessica Ross as chief financial officer, effective January 15, 2026 [3]. Future Outlook - The company raised its fiscal 2026 adjusted EPS guidance to a range of $0.95 to $0.96, compared to the previous analyst estimate of $0.83 [4]. - GitLab also increased its fiscal year revenue outlook to between $946 million and $947 million, above the prior estimate of $941.13 million [4]. Stock Performance - Following the earnings report, GitLab's stock price fell by 7.86% to $39.96 in Tuesday's extended trading [4].

Core Insights - Ford Motor Co is relocating its headquarters for the first time since the Eisenhower era, aiming to modernize its workspace and attract tech and AI talent [1][2] Group 1: Headquarters Relocation - The new Ford World Headquarters in Dearborn, Michigan, covers 2.1 million square feet, doubling the size of the previous headquarters known as "The Glass House" [2] - The relocation is only three miles away but signifies a significant shift in Ford's operational approach and its target workforce [2][3] Group 2: Strategic Vision - Ford aims to redefine its identity from a traditional car manufacturer to a forward-looking automotive company, appealing to software engineers and AI specialists [3] - The new headquarters is designed to create an environment that attracts modern talent and reflects Ford's future aspirations [3] Group 3: Innovative Features - A key feature of the new headquarters is a vehicle showroom designed for decision-making, equipped with floor turntables, large LED displays, and adaptable lighting [4] - The showroom is integral to product development, providing a collaborative space for executives and design teams to evaluate future vehicles [5] Group 4: Design and Engineering Integration - The new building consolidates design and engineering teams that were previously dispersed, featuring six design studios focused on customer themes [5] - These studios are equipped for clay modeling, milling, and high-tech prototyping, facilitating the movement of full-size vehicles between work areas [5]

Core Viewpoint - The business combination between VEON Ltd. and Cohen Circle Acquisition Corp. I has successfully closed, resulting in the establishment of Kyivstar Group Ltd. as a U.S.-listed company, marking a significant milestone for Ukrainian investment opportunities in the U.S. stock market [1][2][4]. Company Overview - Kyivstar Group Ltd. will begin trading on Nasdaq under the ticker symbols "KYIV" and "KYIVW" on or about August 15, 2025, making it the first pure-play Ukrainian investment opportunity in U.S. markets [2]. - VEON holds an 89.6% stake in Kyivstar Group Ltd. following the business combination [2]. Shareholder Approval and Financials - Cohen Circle's shareholders approved the business combination at an extraordinary general meeting on August 12, 2025, with only 25.4% of Class A ordinary shares exercising redemption rights, resulting in transaction proceeds of USD 178 million [3]. Leadership Statements - VEON's Chairman emphasized the historical significance of Kyivstar's listing on Nasdaq and its role in showcasing Ukraine's resilience and investment potential [4]. - The CEO of VEON highlighted the strong investor confidence in Kyivstar, evidenced by low redemption rates during the transaction [4]. - Kyivstar's President expressed excitement about sharing the company's growth story with international investors [4]. Company Services and Market Position - Kyivstar serves nearly 23 million mobile customers and 1.1 million fixed connectivity customers, offering a range of digital services including healthcare, entertainment, and enterprise solutions [6][10]. - The company is also a key player in Ukraine's software development landscape and has partnerships with international technology firms [6]. Future Developments - Kyivstar plans to commercially launch satellite-powered Direct to Cell services in Q4 2025, enhancing connectivity across Ukraine [7]. Investment Commitment - VEON and Kyivstar Group intend to invest USD 1 billion in Ukraine from 2023 to 2027, focusing on infrastructure, technological development, and strategic acquisitions [10].

Core Argument - Factory believes agentic systems will radically change software development, transitioning from human-driven to agent-driven development [2] - The company emphasizes that AI tools are only as good as the context they receive, and providing comprehensive context is crucial for effective AI-assisted development [14][15][16] - The company advocates for using agents at every stage of development, including planning and design, by delegating groundwork and research to AI agents [18][19][20] Technological Advancements - The company's "droids" can ingest tasks, ground themselves in the environment, search codebases, and generate pull requests that pass CI [12][13] - The company's platform integrates natively with various data sources, enabling agents to access and utilize information from across the organization [17] - The company's system can condense incident response search efforts from hours to minutes by pulling context from relevant system logs, past incidents, and team discussions [31][32] Enterprise Solutions & Security - Factory is an enterprise platform focused on security, auditability, and ownership concerns related to AI agents in large organizations [41][42] - The company offers a platform with controls to address security concerns and emphasizes the importance of responsible AI implementation within enterprises [43] - The company provides 20 million free tokens for users to try out the droids [40] Future of Software Development - The industry is moving from executing to orchestrating systems, with developers managing agents and building patterns that supersede the inner loop of software development [27][38] - The future belongs to developers who can effectively work with AI agents, with clear communication skills being paramount [39] - AI agents amplify individual capabilities, allowing developers to focus on higher-leverage tasks and the outer loop of software development [37][38]