All posts tagged: soars

Amazon Drops After AWS Growth Misses Whisper Estimates As Capex Soars

Amazon Drops After AWS Growth Misses Whisper Estimates As Capex Soars

Published by Jenni Sidey

In our preview of Amazon’s earnings, we summarized sentiment as “Bullish, But Concerns Remain” with JPM noting that client “conversations were heavily AWS-skewed with investor focus on degree of acceleration and cloud $ re-capture driven by core workloads, AI, & new partnerships. Still, some concerns remain on broader AI positioning/strategy, Trainium traction, & gap to Azure/Google Cloud growth. Strong Stores execution expected, with N. America margin expansion. But higher fuel costs raise questions on consumer demand & operating margins.” They also warned that if everyone expects big AWS growth and has the same thesis, what breaks it out? And then let’s not forget what broke AMZN a quarter ago when the stock slumped after the company guided a whopping 50% increase in full year capex to $200BN (vs est of $146.1BN). Would it do a similar capex boost this time? With that in mind, here is what the company reported for Q1 moments ago: EPS $2.82, beating exp. 2.63, a solid beat after missing last quarter: Revenue was stronger across the board (except a modest miss …

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race

Published by Jenni Sidey

Globalstar shares surged 12% in premarket trading in New York… …marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.  The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over “some of the complexities,” including the fact that Apple owns a 20% stake in the satellite communications company, which operates 24 satellites in low Earth orbit, arranged in a Walker-24 configuration, and sells services for emergency messaging, asset tracking, remote voice/data links, and IoT connectivity in places where cell coverage is weak or nonexistent. Globalstar powers Apple’s emergency satellite feature on iPhones, but that system is far more limited than the high-speed broadband network offered by SpaceX’s Starlink. Amazon has deployed around 200 internet satellites into orbit as part of its Leo program, formerly called Project Kuiper. This is dwarfed by the more than 10,000 active satellites operated by Starlink, which provides high-speed …

‘Daredevil: Born Again’ Season 2 Review: Series Soars With Unexpected Turns, Pumped-Up Suspense and Fierce Action

‘Daredevil: Born Again’ Season 2 Review: Series Soars With Unexpected Turns, Pumped-Up Suspense and Fierce Action

Published by skeptic

When Daredevil: Born Again resurrected the Marvel hero on Disney Plus last year, one thing was clearly established: This series would be as ruthlessly violent as its Netflix predecessor. It’s delivered and then some, reintroducing Matt Murdock, Wilson Fisk and the grim themes that made the superhero crime drama so compelling. While the first season took time building its interconnected storylines up to its climax (and memorable finale), season 2 has an energetic momentum that allows the show to keep its clout and keep you on edge from the first episode to the very end.  Debuting Tuesday night on the streamer, it’s suspenseful, graphic and intelligent, with eight well-knit episodes playing out fluidly like a really long, really good movie.  Before the main credits start rolling in the first episode of the sophomore season of Daredevil: Born Again, a video from street reporter BB Urich (Genneya Walton) paints a picture of what’s happening in the city under Mayor Fisk/Kingpin (Vincent D’Onofrio). Remember when he declared martial law in last season’s finale? Well, it’s all good …

Edison executive pay soars despite devastating Eaton fire

Edison executive pay soars despite devastating Eaton fire

Published by Sam Flores

Edison International boosted the pay of its top executives last year despite their responsibility for the safety of the company’s power lines before the devastating Eaton fire, which destroyed a wide swath of Altadena and killed 19 people. Although the company cut cash bonuses for its senior executives, citing the wildfires, their overall compensation went up substantially as the utility’s profit soared in 2025. Pedro Pizarro, chief executive of the parent company of Southern California Edison, received $16.6 million in cash, stock and other compensation last year, up 20% from 2024, according to a new company filing. Steven Powell, president of Southern California Edison, received compensation totaling $6.5 million last year, up from $3.9 million in 2024 — a jump of more than 65%. The utility’s transmission equipment is suspected of igniting two wildfires on Jan. 7, 2025, including the Eaton fire, which left thousands of families homeless. The Times earlier detailed how Edison fell behind in performing maintenance on its aging transmission lines — work that it had told state utility regulators was needed. …

Oil Soars As 2 Oil Tankers Explode In Persian Gulf, Iraq’s Oil Ports Stop Operations

Oil Soars As 2 Oil Tankers Explode In Persian Gulf, Iraq’s Oil Ports Stop Operations

Published by Jenni Sidey

 Top headlines of conflict  Oil prices surge as two oil tankers are attacked and explode in Iraqi waters, forcing Iraq to stop operations at its oil ports and sending oil toward $100/bbl. ‘Largest wave of missiles since hostilities began’ launched into northern Israel by Hezbollah The US Navy said it was ‘too dangerous’ to escort tankers through still. President of Iran demands reparations and guarantees against future aggression. Trump says the war with Iran will end soon, as there is ‘practically nothing left to target.”  Yet U.S. and Israeli officials plan at least two more weeks of strikes U.S. forces destroyed 16 Iranian mine-laying vessels in the Strait of Hormuz Iran’s drone production has been significantly degraded. The IEA is preparing its largest-ever emergency crude oil release to counter surging Brent and WTI prices. Casualty estimates: over 1,200 killed in Iran from U.S./Israeli strikes (plus civilian reports), 13 deaths in Israel from Iranian retaliation, and 140 U.S. service members wounded (mostly minor). *  *  * Update (1850ET): As night fell across the Middle East, Hezbollah launched a …

Tehran and Beirut Judder From US-Israeli Attacks as Oil Soars, Shares Slide

Tehran and Beirut Judder From US-Israeli Attacks as Oil Soars, Shares Slide

Published by Sam Flores

By Parisa Hafezi and Alexander Cornwell DUBAI/TEL AVIV, March 3 (Reuters) – Explosions tore through Tehran and Beirut on Tuesday and stock markets around ⁠the ⁠world tumbled while oil prices soared at the prospect of a prolonged ⁠disruption to global energy supplies from the U.S.-Israeli air war against Iran. Iranian drones struck the U.S. embassy in Saudi Arabia after previously hitting the mission in Kuwait. Washington responded ​by shutting both embassies and ordering non-emergency government personnel and their families to leave countries across the Middle East. A day after President Donald Trump and Prime Minister Benjamin Netanyahu gave open-ended answers when asked how long the war would last, a source told Reuters that ‌Israel’s campaign had been planned to last two weeks and was ‌moving faster. The source, familiar with Israel’s war plan, said its aim was to overthrow Iran’s clerical rulers, and there was no firm deadline to achieve it. But the Israeli military was going through its target list faster than planned, with early success killing Iran’s leaders ⁠and taking out its defences, …

Amber Glenn stumbles, Alysa Liu soars on night 1 : NPR

Amber Glenn stumbles, Alysa Liu soars on night 1 : NPR

Published by Sam Flores

Amber Glenn reacts to her score in the Olympic women’s short program event on Tuesday. She got docked for landing a double loop instead of a triple loop, despite an otherwise strong performance. Wang Zhao/AFP via Getty Images hide caption toggle caption Wang Zhao/AFP via Getty Images Want more Olympics updates? Subscribe here to get our newsletter, Rachel Goes to the Games, delivered to your inbox for a behind-the-scenes look at the 2026 Milan Cortina Winter Olympics. MILAN — Figure skating at these Winter Olympics has been full of dramatic twists. And Tuesday, the first night of the women’s competition, was no different: The U.S. women all qualified for Thursday’s medal event. But they are considerably farther behind than expected. The “Blade Angels,” as they have been dubbed, began Tuesday night’s short program as the nation’s best hope at an individual medal in this event in two decades. But only two of them finished in the top 10. That ups the pressure heading into Thursday’s free skate, which makes up the other half of their overall score. Reigning …

Brushing fraud: Britons told to beware of mystery parcels as new scam soars | Scams

Brushing fraud: Britons told to beware of mystery parcels as new scam soars | Scams

Published by Sam Flores

A package arrives but you can’t remember ordering anything. When you open it, you find some cheap, flimsy jewellery. Is it a case of mistaken identity or has someone accidentally selected the wrong address? You put it to one side and wait to see if anyone claims it or contacts you to ask if you got their gift, but no one does. While it is far from unusual for parcels to go astray, if one arrives with all your details on it, it is possible you have become an unsuspecting cog in a large-scale “brushing” fraud, a scam that is on the increase, according to online security experts. Fraudsters need your postage details, which they will often obtain through a data breach. They then set up a false online account in your name on the shopping site they are selling their goods on and post a fake verified and positive review, apparently from you, about the products you have received. These positive five-star reviews “brush up” their online ranking on the shopping site and also …