Core Insights - ConnectM Technology Solutions, Inc. has successfully transitioned from the Expert Market to OTCQB, restored its SEC reporting status, and is experiencing revenue growth while developing its Keen Labs platform in the battery and energy storage sectors [1][2][5]. Group 1: Company Progress - The company has executed its plan post-Nasdaq delisting, focusing on current SEC filings, uplisting to OTCQB, revenue growth, and debt reduction [2][4]. - Management has reported double-digit year-over-year revenue growth in each quarter since the Nasdaq delisting, achieving approximately 60% year-to-date revenue growth through Q3 2025 [5][6]. - ConnectM has retired over $10 million in debt and derivative liabilities in 2025, moving from a stockholders' deficit of approximately $50 million to an estimated positive stockholders' equity of around $0.75 million [8]. Group 2: Strategic Developments - The company launched Keen Labs, focusing on AI, industrial IoT, battery systems, and distributed energy platforms, and has made strategic acquisitions to enhance its technology offerings [8][9]. - Acquisitions include Amperics for hybrid battery technology, Geo Impex for an AI-driven data center site, and Air Temp Service Co. and Cambridge Energy Resources Ltd. to expand HVAC services [8]. - A joint venture, StarConnectM LLP, was formed with Star Engineers in India to develop AI-powered connected vehicle platforms [8]. Group 3: Future Outlook - Near- and medium-term priorities include scaling revenue and margins, continuing to reduce liabilities, integrating recent acquisitions, and pursuing targeted M&A in electrification and AI-driven energy infrastructure [9]. - The company is working with ThinkEquity LLC to refine its capital markets strategy and prepare for a potential uplisting to a major U.S. exchange [9].

The share price of Geospace Technologies Corporation (NASDAQ:GEOS) fell by 41.2% between November 19 and November 26, 2025, putting it among the Energy Stocks that Lost the Most This Week. Geospace Technologies (GEOS) Dips Heavily Following FY 2025 Results Geospace Technologies Corporation (NASDAQ:GEOS) is a technology-driven, market-leading provider of technology solutions that deliver situational awareness for energy exploration, security and surveillance, and industrial IoT applications. Geospace Tec ...

Group 1 - Energy demand is rapidly increasing, particularly due to the growth of data centers for AI applications, creating significant opportunities for GE Vernova, which has seen its stock surge 440% since its 2024 spinoff from General Electric [1] - U.S. electricity demand is expected to grow at a compound annual rate of 2.5% over the next decade, five times faster than the previous decade, highlighting the urgent need for expanded energy infrastructure [2] - GE Vernova specializes in designing, manufacturing, and servicing solutions for power generation, grid infrastructure, and renewable energy, positioning itself to meet evolving energy needs [3] Group 2 - GE Vernova operates a large fleet of GE-built equipment, including gas, steam, and wind turbines, and grid infrastructure, generating nearly 25% of the world's electricity [5] - The company generates revenue through the sale of energy production infrastructure and earns recurring fees from maintenance and modernization services, ensuring steady, high-margin revenue [6] - There is a significant increase in demand for GE Vernova's products and services, particularly from hyperscalers, as the company invests heavily to meet this robust demand [8] Group 3 - The company anticipates strong demand for gas turbines, grid equipment, and services driven by the surge in AI power needs, necessitating significant investment and infrastructure development to meet predicted energy demand growth [9]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported a net loss of $27.5 million, or $0.88 per share, compared to a net loss of $68.2 million, or $2.21 per share, a year ago, primarily due to significant restructuring charges in the previous year [20] - Consolidated sales for Q4 2025 were $319 million, down from $447 million a year ago, mainly due to the divestiture of the SGK business [20] - Consolidated adjusted EBITDA for Q4 2025 was $51.5 million, compared to $58.1 million a year ago, reflecting the impact of the SGK divestiture [21][22] Business Line Data and Key Metrics Changes - The memorialization segment reported revenues of $209.7 million for Q4 2025, up from $196.8 million a year ago, with acquisitions contributing approximately $11 million [23] - The industrial technology segment's revenues decreased to $93 million from $113.9 million a year ago, primarily due to lower sales in the engineering business [25] - The brand solution segment's sales were $16.2 million for Q4 2025, down from $135.9 million a year ago, due to the divestiture of the SGK business [26] Market Data and Key Metrics Changes - The company noted that tariffs have impacted all businesses, but they have successfully mitigated these costs by passing along higher prices [12] - The market response to Propelus, the new company formed from the SGK divestiture, has been favorable, with an EBITDA run rate significantly higher than the $100 million initially assumed [5] Company Strategy and Development Direction - The company aims to simplify its corporate structure, expand in higher growth and margin businesses, and reduce costs, with significant actions taken throughout the year [4] - The divestiture of the warehouse automation unit is expected to provide $230 million, significantly reducing total debt and enhancing the company's ability to pursue strategic initiatives [6][28] - The company is actively evaluating other strategic portfolio opportunities and plans to complete smaller transactions to further simplify its operating structure [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term value creation for shareholders, emphasizing the importance of reducing debt and enhancing the balance sheet [6][17] - The company expects adjusted EBITDA guidance of at least $180 million for fiscal 2026, factoring in the 40% interest in Propelus [17] - Management highlighted the ongoing interest in their proprietary dry battery electrode technology, particularly in the context of solid-state batteries and energy storage solutions [15][40] Other Important Information - The company announced an increase in the quarterly dividend to $0.2505 per share, marking the 32nd consecutive annual dividend increase since becoming publicly traded [29] - The company has appointed Michael Naumann as the new Chairman of the Board, succeeding Alvaro Garcia Tunon [9] Q&A Session Summary Question: Can you talk about the opportunity set regarding solid state and ultra capacitors? - Management confirmed that their dry battery electrode technology applies to various energy storage applications, including ultra capacitors and data center power needs [30] Question: How should we think about M&A and augmenting the technology portfolio? - Management stated that the focus is currently on reducing debt and that strategic initiatives will be evaluated once the debt is in line [31] Question: Are customers less reticent to work with you despite the Tesla lawsuit? - Management indicated that customers are more dependent on market environments rather than being less reticent, with significant opportunities in the European market [33] Question: Can you provide an update on beta testing for the new printhead solution? - Management confirmed that the new printhead solution is in the market, with deliveries starting in December, and highlighted the significant market potential [36] Question: What is the significance of the GS1 certification for the new chip product? - Management explained that GS1 certification standardizes the reading of 2D codes, allowing their technology to operate at speeds that meet retailer demands [41]

Financial Performance & Targets - Siemens Energy delivered FY25 revenue of €39.1 billion, a 15.2% comparable increase from FY24[6] - The company achieved a profit margin before special items of 6.0% in FY25, a 500 bps increase from FY24[6] - Siemens Energy targets a profit margin before special items of 9-11% for FY26 and 14-16% for FY28[24] - Free Cash Flow pre-tax reached €4.7 billion in FY25 and is projected to be €4-5 billion in FY26[24] Market & Growth - Global electricity demand grew approximately 2x as fast as total energy demand in 2025[13] - The company anticipates approximately a 45% increase in global electricity demand by 2035[13] - Siemens Energy's order backlog reached €138 billion[6] Operational Improvements & Investments - The company achieved approximately a 30% reduction in the total injury rate (TRIR) between FY23 and FY25[5] - Siemens Energy plans approximately €6 billion in CAPEX investment for FY26-28 to support organic growth[50] - The company aims to reduce Scope 1 and 2 GHG emissions by 55% since 2019[56] Siemens Gamesa Turnaround - Siemens Gamesa is targeting to break-even in FY26 and achieve a 3-5% profit margin before special items by FY28[184]

Core Insights - Schneider Electric is hosting the Innovation Summit North America 2025 to accelerate electrification, automation, and digitalization in energy technology, gathering over 2,500 business leaders and innovators [1][5] - The company emphasizes the integration of electrification, automation, and digital intelligence to enhance efficiency and sustainability across various sectors [2][4] Company Developments - CEO Olivier Blum highlighted the company's transformation to meet evolving industry demands and presented a vision for Schneider Electric as a key energy technology partner [3][5] - The EcoStruxure™ Platform, powered by AI, aims to create intelligent ecosystems that provide real-time insights and improve resilience and efficiency [4][11] Industry Context - North America is entering a growth cycle driven by AI workloads, re-industrialization, and transport electrification, necessitating significant infrastructure upgrades [5][7] - Schneider Electric's Sustainability Research Institute indicates that U.S. businesses face billions in costs due to grid instability, with a need to add 1,000–2,000 terawatt hours (TWh) of electricity per decade to meet rising demand [5][7] Key Announcements - Introduction of EcoStruxure™ Foresight Operation, an AI-powered platform for real-time optimization and predictive control in building energy management [8] - Launch of SE Advisory Services to assist organizations in navigating energy efficiency, sustainability, and technology challenges [16] Partnerships and Collaborations - Schneider Electric has partnered with various organizations, including Marks & Spencer, to enhance renewable electricity and efficiency programs across supply chains [11] - The company joined the Alliance for OpenUSD to advance digital twins and 3D modeling, supporting interoperable assets for various applications [11]

Core Insights - Schneider Electric and Bloomberg New Economy have launched the Energy Technology Coalition to enhance energy efficiency and resilience in response to increasing global electricity demand [1] Group 1: Coalition Overview - The Energy Technology Coalition is a new private sector initiative aimed at uniting global decision makers and experts from various industries [1] - The Coalition's primary goal is to accelerate the adoption of technologies that improve energy consumption [1] Group 2: Industry Context - The initiative addresses the challenges posed by soaring global electricity demand, emphasizing the need for more efficient and responsive energy solutions [1]

Core Insights - Armada has announced a strategic collaboration with NOV to deliver AI-driven solutions at the edge, enhancing operational efficiency in industrial environments [1][5]. Group 1: Collaboration Details - The partnership aims to launch Beacon, a compact edge device integrated with the Armada Edge Platform, designed for deployment in rugged and remote industrial sites [2][3]. - Beacon enables real-time processing of sensor, video, and control data, expanding Armada's reach across various sectors including energy, mining, manufacturing, and utilities [2][4]. Group 2: Technological Advancements - By integrating Armada's AEP and OpsSafety AI software with Beacon, the collaboration facilitates AI-enabled decision-making in harsh environments, improving safety and performance [3][4]. - The joint offering is expected to drive the transformation of industrial operations by providing actionable intelligence directly at the edge [5]. Group 3: Applications and Benefits - Real-world applications powered by this collaboration include predictive maintenance, safety monitoring, and operational optimization, which collectively enhance efficiency and sustainability [7].

Market Overview - The US equity market experienced a rally in the third quarter of 2025, with the S&P 500 Index increasing by 8.12% [1] - Bonds also saw gains, with the Bloomberg U.S. Aggregate Bond Index rising by 2.03% during the same period [1] Performance Analysis - The composite return for the quarter was 7.22% gross of fees and 7.10% net of fees, which underperformed the S&P 500 Index's 8.12% gain [1] - The underperformance of the strategy was attributed to security selection [1] Company Focus: Baker Hughes Company - Baker Hughes Company (NASDAQ:BKR) is highlighted as a key stock in the Core Equity Strategy, providing technologies and services across the energy and industrial value chain [2][3] - The stock had a one-month return of 5.16% and a 52-week gain of 10.64%, closing at $47.51 per share on November 13, 2025, with a market capitalization of $46.882 billion [2] Business Segments of Baker Hughes - Baker Hughes operates through two main segments: Industrial & Energy Technology (IET) and Oilfield Services & Equipment (OFSE) [3] - The IET segment offers a range of technologies and services for clean power, geothermal, hydrogen, and emissions abatement [3] - The OFSE segment focuses on designing and manufacturing products for oilfield operations, while also expanding capabilities for the energy transition [3]

Labor Relations and Corporate Performance - Kroger successfully averted a potential strike as Teamsters ratified a new three-year contract for over 140 Smith's warehouse workers, which includes a significant 20% wage hike [2] Company Performance and Outlook - Siemens Energy AG announced that its FY25 results and FY26 outlook align with expectations, while setting ambitious new mid-term targets for FY28, aiming for a profit margin of 14%–16% before special items and low-teens revenue growth [3] Central Bank Actions and Economic Outlook - The Bank of Canada confirmed it will restart Government of Canada Treasury Bill purchases effective December 16, 2025, aimed at normal balance sheet management and restoring a more balanced mix of assets [4] - Federal Reserve's Neel Kashkari expressed no strong view on a December rate cut, noting a resilient overall economy despite identifying some labor weak spots, with firms reportedly very optimistic about 2026 [5] Economic Data and Media Developments - The U.S. Bureau of Labor Statistics indicated that it will require time to assess and finalize new release dates for economic data, with a new publication schedule to be announced later, following disruptions from a government shutdown [6]