Speaking of new jobs, Kevin Hasset versus Kevin Worsh. Do you have an opinion. >> I either I do not make personnel decisions.You know, I think I think I think Kevin is I think Kevin is a fantastic name. Uh, [laughter] you know, it's it's a great >> I'll ask another way. So, so Kevin Hassets, you know, there's been some he's been dogged lately by by being too close to Trump. There's some, you know, there reports that there's been some concern uh voiced to the president around the fact that I don't know, mayb ...

Joining me now is Sati. He's managing partner at DCLA and a CNBC contributor. SAT, Oracle, I mean the their quarter, at least the quarter itself last quarter wasn't the big thing.It was the pipeline. What if anything can they do this time around to rekindle interest. You think.What are you doing with it. >> I think so. we did was when the stock jumped, we we we to we trimmed it a little bit, but we still like it.I think uh John Oracle's got to talk about the future and really not just the promises, but just ...

Summary of First Advantage Conference Call Company Overview - **Company**: First Advantage (NasdaqGS:FA) - **Event**: 2025 Conference at JPMorgan's Ultimate Services Investor Conference - **Date**: November 18, 2025 Key Points Industry Context - First Advantage operates in the background screening industry, which has seen significant consolidation, particularly with the acquisition of Sterling, which is described as a merger-like integration [3][4]. Acquisition and Integration - The acquisition of Sterling has resulted in a retention rate increase from 96% to 97% within a year, which is notable in an industry typically facing customer attrition during mergers [3][4]. - The integration strategy focused on preserving customer experience and avoiding forced migrations to new platforms, which has been a critical success factor [4][5]. - The company has successfully achieved synergies by optimizing back-end operations without altering the front-end customer experience [5][6]. Financial Performance - First Advantage's net leverage ratio is currently at 4.2 times, with a target to reduce it to approximately 3 times by the end of 2026 [9][12]. - The company reported a 4% revenue growth in Q3, with a significant improvement in cash flow, reaching $72 million in GAAP operating cash flow [11][12]. - The company has been focusing on upselling and cross-selling, achieving around 9% growth in these areas [10][11]. Market Dynamics - The hiring market is stabilizing, with base growth improving from negative 5.5% in Q1 to only 1.8% negative in Q3 [10][12]. - The company has a strong pipeline of new contracts, including significant wins in various sectors such as healthcare and retail [24][30]. Customer Engagement and Product Offering - First Advantage's core services, including background screening and compliance services, have been well-received, with new contracts reflecting a diverse competitive landscape [28][29]. - The company is focusing on expanding its service offerings, particularly in digital identity and compliance, which are becoming increasingly relevant in the current market [36][41]. Future Outlook - The company anticipates continued growth driven by a strong pipeline and high retention rates, with expectations to celebrate the completion of integration and realization of synergies by the end of 2026 [61][62]. - The next phase, referred to as FA 5.0, will likely focus on enhancing digital identity solutions and improving customer knowledge [63]. AI and Labor Market Impact - AI is a significant topic among clients, particularly in administrative functions, but it has not materially impacted First Advantage's core revenue streams [44][46]. - The company acknowledges the ongoing discussions around AI's impact on labor demand but emphasizes that its core hiring sectors remain stable [50][55]. Conclusion - First Advantage is positioned for growth with a strong retention rate, successful integration of Sterling, and a robust pipeline of new contracts. The focus on customer experience and innovative service offerings, particularly in digital identity, will be key drivers for future success [31][62].

management teams are acutely aware of the reality that if you announce a deal with Nvidia or OpenAI, you're probably going to have a pretty good day on the stock market. The way that we have thought about this whole circular economy question is yes, there are a lot of partnerships everybody feels like they are entangled, but the only thing that matters at the end of the day when we kind of look out 3, five, 7 years from now is does this technology create incremental cash flows that justify all of this spend ...

Core Viewpoint - APA Corporation reported a decline in adjusted earnings for Q4 2024, primarily due to lower commodity prices and increased costs, despite a significant rise in revenues driven by acquisitions and production increases [1][2]. Financial Performance - Adjusted earnings per share for Q4 2024 were 79 cents, missing the Zacks Consensus Estimate of 97 cents and down from $1.15 in the previous year [1]. - Revenues reached $2.5 billion, a 32% increase from the same quarter last year, and exceeded the Zacks Consensus Estimate by 10% [2]. - The company generated $1 billion in cash from operating activities and reported a free cash flow of $420 million, up from $292 million a year ago [7]. Production & Selling Prices - Average production of oil and natural gas was 488,308 BOE/d, a 17.8% increase year-over-year, surpassing expectations [3]. - U.S. output increased by 37% year-over-year to 313,227 BOE/d, while international production decreased by 5.7% to 175,081 BOE/d [4]. - The average realized crude oil price was $72.42 per barrel, down 11% from $81.36 a year ago, but above the projected $68 [5]. Costs & Financial Position - Lease operating expenses totaled $474 million, a 31.7% increase from $360 million in the previous year [6]. - Total operating expenses surged 48.1% year-over-year to $2 billion, significantly higher than the model estimate of $2.9 billion [6]. - As of December 31, APA had approximately $625 million in cash and cash equivalents and $6 billion in long-term debt, resulting in a debt-to-capitalization ratio of 53.2% [8]. Guidance - APA expects adjusted production to average 399,000 BOE/d in Q1 2025 and 396,000 BOE/d for the full year, representing a 3% year-over-year increase [9]. - The company has set its upstream capital expenditure for the year at $2.5-$2.6 billion [9].