Teradata Corporation (NYSE: TDC) shares traded higher Wednesday after the company reported fourth-quarter results that exceeded analyst expectations and provided first-quarter and full-year guidance above consensus forecasts. For the fourth quarter, the company posted adjusted earnings per share of $0.74, surpassing estimates of $0.56. Revenue totaled $421 million, compared with consensus expectations of approximately $401 million. Annual recurring revenue reached $1.52 billion at quarter end...
The Organization of the Petroleum Exporting Countries reported a decline in crude production in January while leaving its global oil-demand projections unchanged in its latest monthly market report. Total output from the broader OPEC+ alliance fell by 439,000 barrels per day to 42.45 million barrels per day in January. Production from OPEC members alone declined by 135,000 barrels per day to 28.45 million barrels per day, according to secondary-source estimates cited in the report. Several me...
U.S. job growth came in stronger than expected to start 2026, offering a measure of relief after a year defined by weak hiring and growing concerns that the labor market was losing momentum. Nonfarm payrolls rose by 130,000 in January, according to seasonally adjusted data released by the Bureau of Labor Statistics. Economists surveyed by Dow Jones had been looking for just 55,000. The gain also marked a step up from December’s revised increase of 48,000. Unemployment eased to 4.3%,...
$SPOT didn’t hear no bell… So it appears Spotify just reminded everyone who actually owns the aux cord. And by that, I mean, they put on an absolute clinic in the name of public competitor execution (sup, Apple Music). (Source: X.com) In short, Revenue hit 4.53B euros, up 7% YoY, basically in line with estimates… but when you’re printing that kind of earnings leverage, nobody cares about a bean counting error on sales. As for net income, Spotify...
“I promise it won’t happen again…” -Hims CEO Andrew Dudum, knowing full well, it will in fact, happen again Well… turns out the Silicon Valley mantra of “move fast and break things” hits a little different when the thing you’re breaking is federal drug law. That lesson arrived quickly for Hims & Hers, which wasted no time slamming the eject button on its would-be Wegovy clone after Novo Nordisk and the U.S. Food and Drug Administration...
A federal jury in Phoenix found Uber (NASDAQ: UBER) liable on Thursday in a lawsuit brought by a woman who said she was sexually assaulted by a driver, awarding the plaintiff $8.5 million in compensatory damages. The case was the first to reach trial among more than 3,000 similar lawsuits against Uber that have been consolidated in U.S. federal court. Jurors concluded that the driver acted as an agent of Uber, making the company responsible for his conduct. The panel declined to award punitiv...
Chinese EV maker BYD, widely seen as Tesla’s biggest arch-nemesis, has filed a lawsuit against the U.S. government to recover tariffs paid under President Donald Trump and challenge the legal authority used to impose them. In court filings, BYD argues that the administration exceeded its authority by relying on the International Emergency Economic Powers Act to levy tariffs on imported goods. The company says the statute does not authorize border taxes, noting that the law does not expl...
“Just keep it in your pants Greg, and we’ll be just fine…” -Kroger board before the introductory press conference Alright, Midwesterners, you can breathe again. Every Walmart hater’s favorite grocery chain (and the undisputed champion of wholesome, heartland-coded commercials) officially has adult supervision back in the building. And trust me, you may be having a rough start to your week… but unless you're one of Elon’s baby mama’s...
Live Footage of Elon in xAI’s headquarters this morning: In case you were wondering how Elon’s week is going… his OpenAI copycat, xAI, just lost its SIXTH co-founder. Sixth. As in more than half of the original 12-person founding squad is now gone. Jimmy Ba (who led research, safety, and enterprise) confirmed he’s out. Just days earlier, Tony Wu, the guy running xAI’s reasoning team, also bailed. A handful of other early architects have already drifted aw...
SpaceX has signaled a change in its near-term exploration priorities, telling investors it plans to concentrate first on a return to the Moon before attempting a mission to Mars, according to a report from Wall Street Journal. The privately held aerospace company is now targeting March 2027 for an uncrewed lunar landing, the report said, marking a shift from earlier public statements by founder Elon Musk, who had previously suggested a Mars mission could take place as early as 2026. SpaceX...
Live Footage of Elon in xAI’s headquarters this morning: In case you were wondering how Elon’s week is going… his OpenAI copycat, xAI, just lost its SIXTH co-founder. Sixth. As in more than half of the original 12-person founding squad is now gone. Jimmy Ba (who led research, safety, and enterprise) confirmed he’s out. Just days earlier, Tony Wu, the guy running xAI’s reasoning team, also bailed. A handful of other early architects have already drifted aw...
“These kids are just pure losers… I mean they don’t smoke, they help their wives take care of the kids, and they’re not even alcoholics anymore.” -some 65-year-old man from Alabama rage-posting on Facebook while triple-fisting Bud Lights Sure, Gen Z may doom-scroll TikTok for two hours before bed… but they’re also not crushing a 12-pack on a Tuesday. And that cultural detox is turning into a real hangover for Heineken. The Dutch brewing giant...
If you ever think you’re a bad parent… just remember Trump’s Commerce Secretary Howard Lutnick once took his kids on vacation to Epstein’s island. If you couldn’t already tell from that opener, today’s market had about as much action as Bill Clinton got from Hillary after the infamous “I did not have sexual relations with that woman” line. After the chaos that kicked off what I’m now officially calling Fear-bruary, a boring tape hones...
Toyota Motor Corp. (NYSE: TM) reported a significant decline in profitability for the first nine months of fiscal year 2026, citing tariff-related costs and higher expenses, even as global vehicle demand pushed revenue higher. For the nine-month period ending Dec. 31, Toyota said operating income fell to $21.5 billion, down from $24.0 billion a year earlier. Net income declined nearly 25% year over year, falling to $20.3 billion from $26.8 billion. The automaker attributed much of the profit...
“Where's Curtis Wright, when you need him?” - Novo, probably… Well, Novo Nordisk finally had something going for it… the only oral GLP-1 weight-loss pill on the market… and still managed to get kneecapped by the refs. The FDA just told Novo to pull its TV ads because they’re “false or misleading”. (Source: Giphy) Case in point: Apparently the words “live lighters” and “a way forward” are...
Reason #5,489,765 why we can’t have nice things… While everyone was pounding wings and pretending to understand what the actual hell Bad Bunny was saying during the Super Bowl, Meta was quietly wandering into a courtroom buzzsaw in New Mexico. (Source: Giphy) In short, internal documents suggest Meta’s own people believed there were up to 500,000 cases per day of online sexual exploitation happening across Facebook and Instagram. Per day. In English-sp...
Ever since Trump’s gotten into office, the White House has talked about “bringing chips home” like it’s a Home Depot weekend project. Just pour some concrete, slap up a fab, and boom… semiconductor independence. Well Taiwan just came out again and explained that’s not how this works. In a recent TV interview, Cheng Li-chiun, Taiwan’s vice premier and top trade negotiator, said U.S. requests to move 40% of the island’s semiconductor productio...
Google just gave “kicking the can down the road” a whole new meaning… In case you needed another flashing neon sign that this AI boom is drifting from “ambitious” into “historically unhinged,” Google’s latest move should do it. The internet OG is planning to sell a 100-year bond. And no that’s not a metaphor or typo. That’s an actual century-long IOU that doesn’t come due until around 2126, a year when Google Search may exi...
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