Category Archives: business

Robin Energy GAAP EPS of $0.01, revenue of $2M

Robin Energy Ltd. Reports Q3 Financial Results

Robin Energy Ltd. announced its Q3 financial results, reporting a GAAP earnings per share (EPS) of $0.01 and total revenue of $2 million.

Key Highlights:
– GAAP EPS: $0.01
– Revenue: $2 million

This update reflects the company’s performance for the third quarter ending in October 2025.

Stock Information:
– Stock Symbol: RBNE
– Recent Price Movement: [Data Not Provided]

For investors and market watchers, additional information such as market capitalization, price-to-earnings (PE) ratio, dividend yield, revenue growth (year-over-year), and short interest can provide further insights into Robin Energy’s market position and trends.

Stay tuned for more trending news and analysis about RBNE and related stocks.
https://seekingalpha.com/news/4507574-robin-energy-gaap-eps-of-0_01-revenue-of-2m?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news

Microsoft tells Xbox unit to deliver margins above ‘industry average’ – report

Microsoft (NASDAQ: MSFT) is pushing its Xbox gaming division to achieve profit margins “well above the industry average,” according to a report by Bloomberg published on Thursday.

Citing insider sources, the report revealed that over the past two years, company executives have set ambitious targets across the board to enhance profitability. This strategic focus underscores Microsoft’s commitment to strengthening its position in the competitive gaming market.
https://seekingalpha.com/news/4507483-microsoft-tells-xbox-unit-to-deliver-margins-above-industry-average—report?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news

Lockheed, NioCorp to develop scandium-based defense technology

**Lockheed Martin and NioCorp to Develop Scandium-Based Defense Technology**

*October 23, 2025 | 7:14 AM ET*

NioCorp Developments Ltd. announced a strategic agreement with Lockheed Martin to collaborate on the development of scandium-based defense technology. Following the news, NioCorp’s shares rose by 3.9% in pre-market trading on Thursday.

This partnership highlights the growing importance of scandium, a rare earth element, in advanced defense applications. The collaboration aims to leverage NioCorp’s expertise in scandium extraction and Lockheed Martin’s technological capabilities to create innovative defense solutions.

**Related Stocks**

– NioCorp Developments Ltd. (Symbol: NB)

Stay tuned for more updates and in-depth analysis on this developing story.
https://seekingalpha.com/news/4507385-lockheed-niocorp-to-develop-scandium-based-defense-technology?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news

Trump plows past concerns over East Wing demolition — and envisions an even bigger ballroom than initially planned

(CNN) — President Donald Trump has proceeded with enormous latitude as he constructs his massive new ballroom, bypassing concerns raised by preservationists and so far stopping short of seeking approval from the commission overseeing construction on federal buildings to tear down the entirety of the White House East Wing.

The ballroom is now expected to be larger than initially planned, according to multiple sources familiar with the matter. The president has shown visitors two flat tabletop models, at times quizzing the room on which version they preferred: the smaller one or the larger one. Most answered that the bigger one was better, to which Trump agreed.

While it’s not clear how much larger, Trump said Wednesday that the ballroom is expected to cost a projected $300 million, seemingly in line with a larger structure. Previously, the administration had put the cost at $200 million.

The project has drawn outcry and led to questions about whether the president was within his legal authority to dismantle entire sections of the executive mansion. Not all of Trump’s own team was set on the project at the start, one source familiar with the internal conversations told CNN.

At the beginning, some aides and advisers thought it was too big of a task to undertake, and attempted to explain how difficult and lengthy the process was likely to be. But once it became clear the president wasn’t going to give up on the idea — which he’s been musing about for the better part of 15 years — everyone quickly got onboard.

The White House says it will submit plans for the ballroom construction to the National Capital Planning Commission, but insists the body doesn’t have purview over the decision to knock down the East Wing. Some former members of the panel have questioned that assessment. And one of the nation’s premier historic preservation organizations is calling for an immediate halt to the leveling of the East Wing.

But there appeared little standing in the way of the president’s decision to move ahead with the audacious, multi-year project. Now the demolition is well underway, making it seem unlikely the plans will be reversed.

“In order to do it properly, we had to take down the existing structure,” Trump said Wednesday in the Oval Office when questioned about the project. A scale model of the White House grounds with the ballroom prominently jutting out from the East Colonnade sat on the table in front of him.

He said after a “tremendous amount of study with some of the best architects in the world,” the determination was made that “really knocking it down” the East Wing would be necessary. “It was never thought of as being much,” he said. “It was a very small building.”

On Wednesday, track excavators continued their work ripping into the former home of the office of the first lady, the White House calligrapher, and some military aides. The demolition was proceeding quickly, with roughly half the structure now reduced to a grey pile of cement and twisted rebar. Staffers in those departments have been relocated to other areas on the complex.

The East Wing’s wood-paneled foyer has long been the main point of entry for visitors attending social events at the White House, as well as those going on tours of the building. The section emerged in its current form in 1942.

Officials said the rest of the East Wing is likely to be demolished by the end of the week.

In some ways, the cries of disapproval are coming too late. Renderings released by the White House in July showed the ballroom sitting atop where the East Wing used to sit, and an official press release at the time stated it would sit “where the small, heavily changed, and reconstructed East Wing currently sits.”

Trump said anyone outraged or concerned he was taking steps without being frank about his intentions were misplaced. “I haven’t been transparent? I’ve shown this to everybody that would listen,” he said in the Oval Office.

Still, images of the building torn to pieces this week have caused shock, particularly as Trump tests his authority in nearly all aspects of the presidency — not least of which is the building he lives and works in.

The project began ramping up over the summer, one source said, and weekly meetings to discuss the project began. The president himself has been involved in these meetings, which have also included Chief of Staff Susie Wiles, the White House Military Office, the Secret Service, an architecture team, and other staffers internally who have been tasked with helping move the project along quickly, the source said.

The White House said in late July that McCrery Architects and its CEO James McCrery would take the lead in the design of the addition. A few days later, McCrery was spotted alongside Trump on the White House roof surveying the area on the South Grounds where the ballroom will go.

Trump’s aides were prepared for pushback on the ballroom and sought to review what was legally required to complete the project, the source said.

Ultimately, administration officials determined the White House would only need approval from the National Capital Planning Commission, which oversees federal construction projects in Washington and its neighboring states, Virginia and Maryland.

However, officials said the commission has jurisdiction only when “vertical” construction begins and does not oversee demolition.

Trump recently appointed White House staff secretary and loyalist Will Scharf to chair the commission. White House deputy Chief of Staff James Blair and another Trump aide were also appointed to the commission at the same time.

Scharf said during a meeting of the commission last month the body would eventually be involved in the project, but not until after the East Wing was demolished.

“I know the president thinks very highly of this commission, and I’m excited for us to play a role in the ballroom project when the time is appropriate for us to do so,” he said.

The commission, which is closed amid the ongoing government shutdown, was created by Congress in 1924 and is comprised of 12 members. Three are appointed by the president, along with the chairman, with the rest of the seats reserved for federal agencies, such as the National Park Service, and representatives from the District of Columbia.

Projects reviewed by the NCPC in recent years include changing the perimeter fence around the White House grounds and a tennis pavilion Trump installed during his first term. The fence, in particular, took several years before it was ultimately approved; officials said it was a necessary change because people kept jumping over the previous one and running toward the North Portico.

L. Preston Bryant Jr., who served as chairman of the NCPC for nearly a decade, described a three-stage process that typically unfolds for federal projects, beginning with early consultations that he described as collaborative.

“The Commission staff very much wants a potential project to get started on the right foot. This early consultation stage is very important,” he told CNN.

The project goes through subsequent phases — conceptual, preliminary approval, and final approval — before the process is complete.

Bryant said he couldn’t remember a time when demolition was separated from the approval process in the way the Trump White House has done.

“That was not my experience during my time at NCPC,” Bryant said. “If there’s to be demolition, that’s part of the project. The demolition element is inherent in the overall project. Demo is not separated from construction. It’s part of it.”

Rebecca Miller, the executive director of the DC Preservation League, said demolishing the East Wing before a formal submission of the ballroom plans essentially starts the project before a formal review process.

“Most concerning is that they’re just tearing down the East Wing without any public submission as to what is going to be built in its place,” she said. “And that’s where the National Capital Planning Commission, or the Commission on Fine Arts, or the public, would have their input into the design of the property, its compatibility with the White House, and how to mitigate or minimize the impact on the current historic resource.”

“We’re in this kind of zone where there’s nothing that prevents the demolition, but we’ve also not seen what the submission is,” Miller added.

Other laws and rules also appear not to apply to the White House. President Lyndon B. Johnson signed the National Historic Preservation Act in 1966, which details the process by which stakeholders should be brought in for large public projects. But the law excludes the three pillars of US government — the Capitol, the Supreme Court, and the White House — from its provisions.

The Shipstead-Luce Act of 1930 also requires that alterations to buildings in the national capital area, including the White House, must be presented to the Commission of Fine Arts. The language, however, refers to buildings facing the White House and not the White House itself.

For Trump, the concerns about the new ballroom appear unconvincing.

Sitting in the newly gilded Oval Office as the machines were working away outside, he held up a pile of paper renderings showing the plans, including the Louis XIV-style interior that closely resembles the ballroom at Mar-a-Lago.

“You see it goes beautifully with the White House,” Trump proclaimed. “I mean, the mix is beautiful.”

© 2024 The-CNN-Wire™ & ©.
https://wsvn.com/news/politics/trump-plows-past-concerns-over-east-wing-demolition-and-envisions-an-even-bigger-ballroom-than-initially-planned/

AEW to quietly replace Andrade by signing 39-year-old star amid his WWE legal battles? Looking at the possibility

A major talent could step in to replace AEW star Andrade as he navigates ongoing legal challenges. Since his return to AEW, Andrade has been notably absent, following a legal curveball thrown his way by WWE.

The situation has left fans wondering about Andrade’s future in the wrestling world, while AEW considers potential replacements to fill the void during this uncertain period. More updates are expected as the legal proceedings progress and AEW adjusts its roster accordingly.
https://www.sportskeeda.com/aew/aew-quietly-replace-andrade-signing-39-year-old-star-amid-wwe-legal-battles-looking-possibility

Hermantown gives an initial OK to sprawling data center despite opposition

HERMANTOWN, Minn. — Seating was in unusually short supply at the Hermantown City Hall on Monday night, as councilors took up a rezoning request that could open the door for the construction of a sprawling data center in the rural southwest corner of the Duluth-area community.

Council chambers were filled to capacity, and an engaged crowd gathered to discuss the potential impact of the project.
https://www.twincities.com/2025/10/21/hermantown-gives-an-initial-ok-to-sprawling-data-center-despite-opposition/

Shane Lowry sends Tommy Fleetwood a message after missing out on winning DP World India Championship

Shane Lowry came close to winning the DP World India Championship in New Delhi last week. After four rounds of thrilling golf at the Delhi Golf Club, Lowry tied for third place alongside Aaron Fitzpatrick and Thriston Lawrence.

While Lowry missed out on the opportunity to claim the title, he made sure to send a heartwarming message to the tournament winner, Tommy Fleetwood. On X (formerly Twitter), Lowry congratulated Fleetwood and summed up his memorable time in India. Shane Lowry wrote:

“Incredible week here in India, great people, great hospitality and some good golf too. Congrats to Tommy on another win. ☘️”

If Shane Lowry had won the DP World India Championship, it would have been his first professional victory since April 2024. Last year in April, Lowry teamed up with his good friend Rory McIlroy to win the Zurich Classic of New Orleans.

### How Much Did Shane Lowry Earn for Finishing Third?

The DP World India Championship featured a total prize purse of €3,447,880 (approximately $4 million). Out of this amount, Shane Lowry earned €176,746.78 for his tied third-place finish. The tournament winner, Tommy Fleetwood, received €580,057.00.

Here is a detailed look at the payout for the top finishers:

| Position | Player | Prize (€) |
|——————|———————-|——————–|
| 1. | Tommy Fleetwood | 580,057.00 |
| 2. | Keita Nakajima | 375,331.00 |
| T3. | Alex Fitzpatrick | 176,746.78 |
| T3. | Thriston Lawrence | 176,746.78 |
| T3. | Shane Lowry | 176,746.78 |
| 6. | Viktor Hovland | 102,363.00 |
| T7. | Joost Luiten | 102,363.00 |
| T7. | Jayden Schaper | 102,363.00 |
| T9. | Daniel Hillier | 72,336.52 |
| T9. | Michael Kim | 72,336.52 |
| T11. | Jorge Campillo | 60,735.38 |
| T11. | Ben Schmidt | 60,735.38 |
| T13. | Dan Bradbury | 53,569.97 |
| T13. | Tom Vaillant | 53,569.97 |
| T15. | Brandon Robinson Thompson | 49,134.24 |
| T15. | Andy Sullivan | 49,134.24 |
| T17. | Martin Couvra | 40,111.13 |
| T17. | Jens Dantorp | 40,111.13 |
| T17. | Alfredo Garcia-Heredia | 40,111.13 |
| T17. | Casey Jarvis | 40,111.13 |
| T17. | Andrea Pavan | 40,111.13 |
| T17. | David Ravetto | 40,111.13 |
| T17. | Marcel Schneider | 40,111.13 |
| T17. | Freddy Schott | 40,111.13 |
| T17. | Bernd Wiesberger | 40,111.13 |
| 26. | Eugenio Chacarra | 32,414.95 |
| T26. | Andreas Halvorsen | 32,414.95 |
| T26. | Brian Harman | 32,414.95 |
| T26. | Frederic Lacroix | 32,414.95 |
| T26. | Rory McIlroy | 32,414.95 |

The payout continued down the rankings, with players receiving varying amounts based on their finishing positions.

Shane Lowry’s performance at the DP World India Championship was commendable, and his gracious message to Tommy Fleetwood highlighted the sportsmanship and respect between the players. With more tournaments ahead, golf fans will be eagerly watching to see if Lowry can add more victories to his resume soon.
https://www.sportskeeda.com/golf/news-shane-lowry-sends-tommy-fleetwood-message-missing-winning-dp-world-india-championship

Netflix shares slide on rare earnings miss — snapping six-quarter profit streak

Netflix Misses Earnings Target, Cites Brazilian Tax Dispute as Cause

Netflix missed the earnings target set by stock market analysts during its latest quarter, marking a break in the company’s six-quarter streak of posting profits that exceeded expectations. The Los Gatos, Calif.-based streaming giant attributed the earnings shortfall to an unexpected $619 million expense related to a tax dispute in Brazil.

Despite this setback, Netflix highlighted its strong lineup of distinctive TV series and films, which have kept its audience engaged. The company also noted a successful combination of subscriber fees and increased ad sales that helped deliver revenue in line with analyst forecasts.

Investors, however, were not entirely reassured by the explanation. Following the earnings announcement on Tuesday, Netflix’s shares fell approximately 6% in extended trading.

Diverging Analyst Opinions

Analyst reactions to Netflix’s third-quarter report were mixed. Thomas Monteiro, an analyst at Investing.com, expressed concern that Netflix might be using the Brazilian tax hit to mask underlying signs of slowing subscriber growth and advertising revenue amid economic uncertainty. “The truth is that the company failed to deliver the kind of growth we’ve grown used to over the past couple of years,” he said.

Conversely, Jeremy Mullin of Zacks took a more optimistic view, stating that Netflix’s “underlying story remains solid” and sees little cause for concern.

Financial Highlights

In the July-September quarter, Netflix earned $2.5 billion, or $5.87 per share, representing an 8% increase from the same period last year. Revenue rose 17% year-over-year to $11.5 billion.

Analysts surveyed by FactSet Research had expected Netflix to earn $6.96 per share on revenue of $11.5 billion. While the company matched revenue estimates, it fell short on earnings per share, primarily due to the Brazilian tax expense.

A Shift in Focus

Netflix has increasingly emphasized delivering solid financial growth over quarterly subscriber gains. As part of this strategic shift, the company stopped disclosing its subscriber numbers at the end of last year. This change has so far been effective, with Netflix’s stock price rising approximately 40% this year—though the dip in extended trading following the earnings release suggests some of those gains may be at risk.

Subscriber Growth and Market Position

Although Netflix no longer reports specific subscriber data, this year’s revenue growth suggests its worldwide subscriber base has increased from roughly 302 million at the end of last year, maintaining the company’s lead among video streamers. This is notable even as well-funded rivals such as Amazon and Apple continue expanding their programming selections.

In the company’s quarterly conference call, co-CEO Ted Sarandos revealed that Netflix’s total worldwide audience—including multiple viewers within the same subscriber household—is approaching 1 billion.

“We have a better understanding of the streaming business than any of our competitors,” asserted Greg Peters, Netflix’s other co-CEO, during the call.

Diversification Efforts

Netflix has sustained its market leadership by diversifying its offerings, adding live sports and video games alongside its extensive scripted programming. The company plans to expand this diversification further by introducing video podcasts in partnership with Spotify next year.

As the streaming landscape evolves, Netflix’s strategy focuses on broadening its content portfolio to maintain user engagement and drive continued growth.
https://nypost.com/2025/10/21/media/netflix-shares-slide-on-rare-earnings-miss-snapping-six-quarter-profit-streak/

“Didn’t realize you’re still bounty hunting”: Russell Wilson takes brutal shot at Sean Payton 2 days after Broncos HC seemingly shaded Giants QB

Russell Wilson clapped back at former coach Sean Payton a day after the Denver Broncos’ leader threw shade at the one-time Super Bowl champion.

The exchange between the two sparked reactions across the NFL community, highlighting the tension that can arise between players and coaches even after their official partnerships end.

Wilson’s response demonstrated his confidence and readiness to address criticism head-on, adding another chapter to the ongoing dialogue surrounding his career and legacy.
https://www.sportskeeda.com/nfl/news-didn-t-realize-you-re-still-bounty-hunting-russell-wilson-takes-brutal-shot-sean-payton-1-day-broncos-hc-seemingly-shaded-giants-qb