Q2 2025 Earnings August 5, 2025 1 Safe Harbor This presentation contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on information available to the Company as of the date hereof, as well as the Company's current expectations, assumptions, estimates and projections that involve risks and uncertainti ...

streaming on CNBC plus. >> We're back. Disney shares have sputtered lately.After a solid start to the year, investors will be watching the company's earnings closely tomorrow for signs of where the consumer currently stands. Jim Stuart is columnist with The New York Times. He joins us now.He's also a CNBC contributor. This is our quarterly visit. It's nice to have you, as always.>> Good to be back. I feel. >> Like we have the same type of conversation parks and streaming.Is that the whole thing this time. > ...

Core Insights - Adeia Inc. reported revenue of $85.7 million for Q2 2025, consistent with expectations, and closed five deals across key growth verticals including semiconductors, e-commerce, and OTT [2][7] - The company introduced RapidCool, a new direct-to-chip liquid cooling technology aimed at high-performance semiconductors, particularly for AI applications [2][7] - Adeia has paid down over $300 million on its term loan since its separation, with an outstanding balance of $458.9 million as of June 30, 2025 [5][7] Financial Highlights - Revenue for Q2 2025 was $85.7 million, a decrease from $87.7 million in Q1 2025 [7] - GAAP diluted earnings per share (EPS) was $0.15, while non-GAAP diluted EPS was $0.25 [7] - GAAP net income was $16.7 million, and adjusted EBITDA was $45.7 million [7] Business Highlights - The company signed three new license agreements with new customers, including a multi-year agreement with ST Microelectronics and two new e-commerce customers [7] - A quarterly cash dividend of $0.05 per share was distributed to stockholders, with another dividend declared for September 16, 2025 [5][7] Capital Allocation - During the quarter, Adeia made $11.1 million in principal payments towards its term loan [5] - The company reiterated its full-year 2025 revenue outlook, maintaining a range of $390.0 million to $430.0 million [8] Financial Outlook - Operating expenses are expected to be lower than previously anticipated, with updated guidance for 2025 operating expenses now projected between $261.0 million and $271.0 million [8] - The company anticipates net income for 2025 to be between $85.1 million and $86.5 million [8]

Streaming Service Launch - Fox Corp 将于 8 月 21 日在美国推出新的流媒体服务 [1] - 该时间点旨在抓住 NFL 和大学橄榄球赛季的观众 [1]

Core Insights - Notable companies reporting quarterly results include Disney, Fortinet, and Shopify, all of which have favorable Zacks Rank ratings [1] Disney – DIS - Disney is expected to report its fiscal third quarter results, with a Zacks Rank of 2 (Buy) [2] - The stock has risen over 30% in the last year, reaching a 52-week high of $124 in late June [2] - Cost-cutting initiatives and strategic pivots have led to strong performance, with major box office hits like Inside Out 2 and Lilo & Stitch grossing over $1 billion globally [3] - Streaming platforms Disney+ and Hulu have seen increased profitability, aided by measures against password sharing and the introduction of extra-member fees [3] - Q3 is projected to see 2% growth in revenue and 6% growth in earnings [3] - The forward earnings multiple stands at 20.1X, with a price-to-sales ratio below 2X, indicating value [4] Fortinet – FTNT - Fortinet, with a Zacks Rank of 2 (Buy), is gaining traction due to its AI-powered threat detection and post-quantum cryptography readiness [5] - Following a record Q1, Q2 revenue is expected to reach $1.62 billion, a 13% increase, with EPS projected to rise 3% to $0.59 [6] - Fortinet has exceeded earnings expectations for 29 consecutive quarters since May 2018, contributing to a stock gain of over 70% in the past year [6] Shopify – SHOP - Shopify holds a Zacks Rank of 1 (Strong Buy) and has seen its stock increase over 15% year-to-date, with a remarkable 140% gain over the last year [10] - The introduction of AI-powered tools has enhanced its commerce platform, driving popularity among merchants [10] - Strategic partnerships with Meta Platforms, Amazon, and TikTok have expanded Shopify's ecosystem [11] - Q2 sales are projected to rise 24% to $2.54 billion, with EPS expected to increase 8% to $0.28 [11] - Analysts anticipate Gross Merchandise Volume (GMV) to reach $81 billion, marking seven consecutive quarters of over 20% GMV growth [11] Conclusion - Disney, Fortinet, and Shopify are highlighted as key stocks to watch as they prepare to report quarterly results, with potential for further upside [13]

Tesla has announced a proposed compensation package for CEO Elon Musk that would be worth around $29 billion in shares, with the company citing the “ever-intensifying AI talent war and Tesla’s position at a critical inflection point” as reasons for the payout.The new plan will be put to a vote at the company’s annual shareholder meeting, which is scheduled for November. It will also be entirely voided if the Delaware Supreme Court decides to overturn a judge’s January 2024 decision to strike down Musk’s 201 ...

Summary of Key Points Core Viewpoint - The trading volume of non-monetary ETFs reached 322.23 billion yuan, with 63 ETFs exceeding 1 billion yuan in trading volume, indicating a significant increase in market activity [1]. Trading Volume and Performance - The top three ETFs by trading volume are Short-term Bond ETF (250.44 billion yuan), Credit Bond ETF (164.02 billion yuan), and Sci-Tech Bond ETF (119.60 billion yuan) [1]. - The average daily trading volume for the Short-term Bond ETF over the last 5 days is 28.98 billion yuan, showing a notable increase in activity [2]. - The Credit Bond ETF experienced a trading volume increase of 165.75% compared to the previous trading day, indicating heightened investor interest [2]. - The Sci-Tech Bond ETF also saw a significant trading volume increase of 310.59% compared to the previous trading day [3]. Turnover Rates - The highest turnover rates were recorded for 0-4 Year Local Debt ETF (180.59%), 5-Year Local Debt ETF (127.52%), and National Debt ETF (124.64%) [7]. - The turnover rate for the Sci-Tech Bond ETF reached 113.99%, reflecting strong trading activity [7]. ETF Characteristics - The Short-term Bond ETF tracks the China Bond Short-term Index, focusing on investment-grade short-term bonds [1]. - The Credit Bond ETF tracks the Shanghai Market Company Bond Index, reflecting the performance of liquid bonds listed on the Shanghai Stock Exchange [2]. - The Sci-Tech Bond ETF tracks the AAA Sci-Tech Bond Index, representing technology innovation company bonds [2]. Industry Themes - The industry-themed ETFs include Hong Kong Securities ETF and Hong Kong Innovative Drug ETF, indicating a focus on specific sectors within the market [1]. - The Gaming ETF and Aerospace ETF are also highlighted, with the Gaming ETF tracking the Animation and Gaming Index, which includes major companies in the media sector [8]. Volatility and Price Movements - The Gaming ETF experienced a price increase of 3.17% with a notable volatility of 72.10% compared to the previous trading day [8]. - The Aerospace ETF also showed a significant price increase of 3.45% with a volatility increase of 148.94% [9].

Core Viewpoint - AS Delfi, a subsidiary of AS Ekspress Grupp, has agreed to sell its 25.48% stake in SIA Altero to OÜ Aktiva Finance Group for EUR 4.2 million, with the transaction expected to yield a one-off net profit of EUR 2 million for Ekspress Grupp [1][3][6]. Group 1: Transaction Details - The sales price of the shareholding is EUR 4.2 million, and the payment will be made in cash upon conclusion of the sales contract [6]. - The transaction will lead to a EUR 2 million reduction in investments in affiliates for Ekspress Grupp [3]. - Following the transaction, Ekspress Grupp will repay a loan liability of EUR 1.8 million related to the initial acquisition of Altero [3]. Group 2: Company Overview - AS Ekspress Grupp is a leading media group in the Baltic region, involved in web media content production, publishing newspapers, magazines, and books, as well as operating an electronic ticket sales platform [5]. - The group employs approximately 1,000 people and has been operational since 1989 [5]. Group 3: SIA Altero Overview - SIA Altero operates financial comparison and brokerage platforms in Latvia, Lithuania, and Estonia, facilitating loan applications for consumers and businesses [2]. - The consolidated turnover of Altero group in 2024 was EUR 7.8 million, with a net profit of EUR 1.8 million [2]. Group 4: Regulatory Aspects - The transaction is not classified as significant under NASDAQ Tallinn Stock Exchange regulations but is considered a related party transaction [4]. - Members of the Management Board and Supervisory Board of Ekspress Grupp have declared their interests, with some having conflicts of interest but not participating in the decision-making process [4].

Let's think on a societal basis of what we want. Do we want a society in which journalists, writers, artists, musicians, filmmakers, actors cannot make a living or do we want a world in which they can. As a technologist, we typically think if we can crawl it, it's ours.What I can tell you as an artist is if I make it, it's mine and you need my permission cuz it's my art. This is such an important point, especially to me as a content creator and somebody who spent his career in this. I've been thinking about ...

Core Insights - News Corporation (NWSA) is set to report its fourth-quarter fiscal 2025 results on August 5, with revenue expectations of $2.10 billion, reflecting an 18.37% decline year-over-year, while earnings per share (EPS) is projected to grow by 11.76% to 19 cents [1][9]. Financial Performance - The company has a mixed earnings surprise history, beating the Zacks Consensus Estimate in two of the last four quarters, missing in one, and matching in another, resulting in an average surprise of 8.51% [2]. - NWSA's fiscal fourth-quarter performance is anticipated to benefit from strong segments such as Digital Real Estate, Book Publishing, and Dow Jones, alongside a disciplined capital return strategy [3]. Strategic Developments - Recent acquisitions, including Oxford Analytica and DragonFly Intelligence, have bolstered NWSA's intelligence capabilities, particularly in geopolitical and macroeconomic analysis [4]. - The Dow Jones Energy segment reported a 10% revenue growth, driven by investments in proprietary pricing tools and a new carbon and clean fuels platform [4]. - Realtor.com is expected to perform well, contributing 22% to revenues, supported by increased demand in rental, seller, and new-home categories [5]. Financial Health - The company authorized a $1 billion share repurchase, indicating confidence in its financial health, supported by $539 million in free cash flow and over $2.1 billion in cash as of March 31, 2025 [6]. - NWSA ended the fiscal third quarter with a net cash position of $130 million, allowing for buybacks without compromising investment priorities [6]. Challenges - The company is likely to face challenges due to ongoing advertising turbulence, particularly in the News Media segment, which saw an 8% revenue decline in the fiscal third quarter [7]. - Advertising revenues fell by $19 million in the fiscal third quarter, impacting segment performance despite cost-cutting measures [7].