All posts tagged: guidance

Google Tumbles After Boosting 2026 Capex Guidance Again

Google Tumbles After Boosting 2026 Capex Guidance Again

Published by Jenni Sidey

Update (5:00pm ET): It took just a few minutes into the call for management to get to the elephant in the room, namely the relentless spending on overpriced commodity chips, and just like last quarter when GOOGL guided to a much higher capex for the current year, it did so again (if to a slightly lesser extent). The stock promptly slumped 3% to new session lows. *ALPHABET SEES FY CAPEX $195B TO $205B, SAW $180B TO $190B And then: *GOOGLE STILL SEES FY27 CAPEX INCREASING ‘SIGNIFICANTLY’ There was more: *GOOGLE TO EXPAND USE OF THIRD PARTY AI CAPACITY IN Q3 *ALPHABET: SEES MODEST MARGIN PRESSURE FROM THIRD PARTY CAPACITY In kneejerk reaction the stock promptly slumped 4% in AH trading to new session lows. * * *  Earlier: As we wrote in our GOOGL preview, according to UBS and JPM analysts, the market would be watching two things above all else when Alphabet became the first hyperscaler to report earnings after the close today: capex guidance and monetization language, as “the debate has shifted from …

Forward Guidance Is Gone

Forward Guidance Is Gone

Published by Jenni Sidey

By Philip Marey, senior US strategist at Rabobank Summary As widely expected, the FOMC kept the target range for the federal funds rate unchanged and dropped its easing bias. However, this unanimous decision was announced in an unusually short statement. What’s more, at his first press conference as Fed Chair Kevin Warsh terminated forward guidance. However, the Summary of Economic Projections had already revealed that half of the FOMC participants (who submitted a forecast) expected to hike before the end of the year. Warsh did not submit his forecasts. Other interesting features of the statement were the reaffirmation of maintaining ample reserves and the conclusion that the Committee will deliver price stability. At the press conference, Warsh announced the establishment of five task forces on: Fed communications, the balance sheet, improving data, productivity and jobs, and inflation frameworks. As uncertainty regarding the disruption in the Strait of Hormuz remains, we expect the Fed to remain on hold for the remainder of 2026. Introduction As widely expected, the FOMC kept the target range for the federal …

Netflix Plunges After US Revenues Miss, Dismal Q2 Guidance, Hastings Stepping Down As Chairman

Netflix Plunges After US Revenues Miss, Dismal Q2 Guidance, Hastings Stepping Down As Chairman

Published by Jenni Sidey

After staging a powerful rebound in the past two months, when first weak Q4 earnings sent the stock plunging to multi-year lows, which however was offset by the end of the company’s expensive pursuit of HBO/Warner Bros. Discovery , and which sent the stock almost 50% higher from $75 to $108,moments ago Netflix reported Q1 earnings which were mixed but guidance was especially poor and rekindled the same fears as those unveiled three months ago, and coupled with the news that Reed Hasting was stepping down from the board after 29 years to pursue “philanthropy and personal interested”, NFLX stock tumbled as much as 10% after hours.  Here is a snapshot of what NFLC reported for the first three months of the year: most notable here is another miss in the US which should have been a much more solid number considering the latest of many prices increases for NFLX subs in the US: EPS $1.23 vs. 66c y/y, beating estimates of $0.76 Revenue $12.25 billion, +16% y/y, beating estimates of $12.17 billion; the miss comes …

Success! Prosecution guidance includes circumcision for first time

Success! Prosecution guidance includes circumcision for first time

Published by Sam Flores

New Crown Prosecution Service (CPS) guidance on offences against the person includes male circumcision for the first time. The inclusion comes after successful advocacy from the National Secular Society, which campaigns to protect all children from non-therapeutic genital cutting. The new guidance says that circumcision “can cross the line into a harmful practice”, and encourages prosecutors to consider whether “child cruelty”, “allowing a child to suffer serious harm” or “assaults” have been committed. In a clear indication that the practice can constitute child abuse, the guidance instructs prosecutors to “refer to the Child Abuse (non-sexual) prosecution guidance”. The guidance comes amid new NSS research which shows 29 babies were hospitalised with serious post-circumcision complications – including haemorrhage, shock and sepsis – between 2022 and 2024 at just one NHS trust. The data also reveals over 1,000 emergency department admissions of boys with circumcision-related complications between 2009 and 2024 at the same trust. “Gratuitous infliction of pain” The NSS urged the CPS to include circumcision in prosecutorial guidance following the conviction of two ritual circumcisers for …

Mini-ITX Motherboard for SFF Rigs with 500W Flex PSU Guidance

Mini-ITX Motherboard for SFF Rigs with 500W Flex PSU Guidance

Published by Miika Tikkanen

What if you could pack the power of a high-end gaming rig or workstation into a case small enough to fit on a bookshelf? ETA PRIME takes a closer look at how the Minis Forum BD895 Mini-ITX motherboard is turning that dream into reality. Featuring the AMD Ryzen 9 8945HX processor and innovative support for PCIe Gen 5 and DDR5 memory, this compact powerhouse is redefining what’s possible for small form factor (SFF) builds. Whether you’re a gamer chasing buttery-smooth 1440p performance or a creator juggling demanding workflows, the BD895 promises to deliver big-league power in a pint-sized package. But does it live up to the hype? That’s exactly what this feature sets out to explore. In this guide, you’ll discover why the BD895 is making waves among PC enthusiasts. From its 16-core, 32-thread CPU to its streamlined design that simplifies the building process, this board is packed with features that cater to both performance and efficiency. We’ll also touch on its thermal performance, gaming benchmarks, and the ideal components to pair with it for …