It finally happened. A drone defeated a human. This is the beginning of a chain of events. For now the drone's AI could not adjust when bumped off course. So remember that attack wildly. For now. A quadcopter drone equipped with an AI brain whipped its way around an indoor race course in a matter of seconds. In 15 out of 25 races it was able to beat its human rival, according to research published today in the journal Nature.4 hours ago
Good Morning Stock Fans-- Well I guess I'm going to get an earful at the HF about CRM. Looks like they beat their number. I'm probably going to counter them by suggesting we short Crowdstrike. Some of these charts are now setting up as shorts. Idea*->CrowdStrike Holdings, Inc. (CRWD)Short to $136. NasdaqGS - NasdaqGS Real Time Price. 149.18+2.48 (+1.69%) At close: August 30 04:00PM EDT 151.50 +2.32 (+1.56%)
I'm happy that CRM did well though because if they had not shown growth in AI it would of added to some whispers out of the Goog call about spending not showing up yet. This can extend the AI rally-- so we needed Salesforce. I wouldn't short CRM but I would note their was Insider selling of shares during the conference call.
Kraken announces $2.7 million of sonar & subsea battery contracts... Will the Kraken finally be released? Aug. 31, 2023 6:43 AM ET Kraken Robotics Inc. (KRKNF), Kraken Robotics Inc (OTCQB:KRKNF) Thursday announced it has received contracts totalling $2.7 million for subsea batteries and synthetic aperture sonar systems. The SAS sensor contracts represent two new customers, continuing the growth of Kraken's ever-expanding list of users. One customer is a European Research Institute operating next-generation AUVs, and the other is a NATO member country in underwater defense applications. Deliveries will occur in 2024.
--Signet Jewelers raises FY24 EPS view to $9.55-$10.14 from $9.49-$10.09 » 07:01 SIG --Fed raises risk, compliance concerns over Goldman Sachs' fintech unit, FT says » 06:21 GS --Lyra Therapeutics initiated with a Buy at H.C. Wainwright » 06:10 LYRA --Establishment Labs initiated with an Overweight at JPMorgan » 04:56 ESTA --Asur upgraded to Overweight from Neutral at JPMorgan » 04:48 ASR --EPR Properties price target lowered to $50 from $51 at Truist » 19:30 EPR --Salesforce says company at dawn of AI 'revolution' » 17:11 CRM --Salesforce Chairman Benioff sells $3.2M in company shares » 16:39 CRM --Geospace awarded $5.7M sensor contract » 16:46 GEOS
--Victoria's Secret reports Q2 adjusted EPS 24c, consensus 26c » 16:18 VSCO --Salesforce reports Q2 adjusted EPS $2.12, consensus $1.90 » 16:06 CRM VSCO Victoria's Secret & Co. $17.94 0.06(+0.34%)4:00 PM 08/30/23 NYSE |$USD |Pre-Market:$16.96-0.98(-5.46%) <-----------Short #2?
Fluence Energy rated Overweight in new coverage at Barclays FLNC- Fluence Fluence’s India Innovation Centre, located in Bangalore, will serve as a global center of excellence to support Fluence’s rapid growth in providing customers with market-leading energy storage products, services, and software BANGALORE, India, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced the opening of a new global operations center in Bangalore. The Fluence India Innovation Centre will serve as a center of excellence to support Fluence’s rapid projected growth. “We have entered an exciting stage in Fluence’s business maturity, with continual growing demand globally for our products, services, and software. Our team in India will be key in supporting our global operations and delivering on the needs of our customers,” said Fluence President and Chief Executive Officer Julian Nebreda. “India plays an important role in all areas of our business—from localizing our supply chain to expanding our talent pool, and executing on our global product strategy. Additionally, we are pleased to accelerate our growth in India through this Innovation Centre as it delivers on a key commitment to our investors.” Fluence’s team in Bangalore will support the company’s global business objectives and enable high quality execution and speed in meeting customer needs. Employees at the India Innovation Centre are working in all areas of the business including research and development, engineering, product development, services, and more. “India has set tremendous energy transition targets and the rapid build-out of energy storage is needed for meeting those targets,” said Fluence Senior Vice President and President, APAC Jan Teichmann. “The future in India is bright and we look forward to continuing to partner with customers locally and supporting the clean energy transition in India and globally.” The India Innovation Centre complements Fluence’s existing teams around the world. Together, these teams support Fluence’s regionally focused operational model and create a strong foundation for new product introductions and regionalized product support. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and optimization software for renewables and storage. With a presence in over 47 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled SaaS products for managing and optimizing renewables and storage from any provider. The Company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids.
HOORAY FOR TILRAY- Tilray Adds New CBD Drinks And Busch Beer Names On Aug. 24, Tilray debuted its new carbonated CBD drinks under its Solei brand in Ontario, Quebec and Alberta, Canada. Tilray announced on Aug. 8 that it entered into an agreement to buy eight beer brands from Anheuser-Busch(BUD) for an undisclosed cash amount. Brands in the deal include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, Square Mile Cider Company and HiBall Energy. The transaction includes breweries and brewpubs associated with the brands, according to the Wall Street Journal. The deal is expected to close sometime this year. Tilray Brands subsidiary Montauk Brewing announced on Aug. 2 that its craft beers will be available in Philadelphia, Scranton and the Lehigh Valley in Pennsylvania. Losses Getting Smaller While Sales Grow Tilray posted an adjusted loss of 1 cent per share in its fiscal Q4 earnings release July 26, which equaled last year's same quarter. This beat FactSet's forecast of a four-cent loss. Quarterly sales rose 20%, a huge improvement over the 4%, 7% and 9% declines in the prior three quarters. Revenue got a boost from the company's strong 43% alcohol beverage net revenue increase, while cannabis net revenue grew 21% vs. the prior year's same quarter. The company has saved $22 million out of its $30 million cost optimization plan that it announced in Q4 2022. Tilray's $43 million adjusted free cash flow far exceeded the negative $24 million in the prior year's quarter. "During the 2023 fiscal year, we delivered on our commitment to generate positive adjusted free cash flow across all business segments, and executed against our strategic plan to grow revenue, drive operating efficiencies, and improve margins and profitability, all while investing in our industry-leading brands," said Irwin D. Simon, Tilray Brands' chairman and CEO. Tilray expects to achieve full-year fiscal 2024 adjusted EBITDA targets of $68 million to $78 million, representing growth of 11% to 27% as compared with fiscal year 2023, with positive adjusted free cash flow in 2024. Tilray held on to its top spot in the Canadian cannabis market with an 8.5% market share in a recent report.