The Grievance Economy
Jack Dorsey’s Block announced a 40% workforce cut, blaming AI, echoing similar moves at IBM, UPS and Klarna. President Trump ordered a federal ban on Anthropic after the AI firm resisted Pentagon requests for surveillance‑type use. The article argues that unchecked AI‑driven layoffs create a "grievance economy" that fuels social alienation, radicalization and distrust in institutions. It proposes sector‑wide automation approval, platform‑feed redesign, and board‑level AI disclosure as safeguards.
Meta's Billion‑User Model Flops on Metaverse Investment
Zuckerberg said that Meta always grows a platform first to a billion users, then starts monetizing it. This works for viral social networks that grow quickly. However, it may not work for other products. Besides, it requires heavy upfront investment...
Delhi Metro International Ltd Formed to Target Global Markets
Delhi Metro International Ltd (DMIL) has been created to commercialise the Delhi Metro Rail Corporation’s (DMRC) expertise in planning, building, operating and maintaining metro systems worldwide. Sanjay Jamuar, a former Indian Railway Traffic Service officer with experience in India, the...
CTIA Names Kurt Schaubach Senior VP and Chief Technology Officer to Lead U.S. Wireless Strategy
CTIA announced that Kurt Schaubach will join as Senior Vice President and Chief Technology Officer, bringing over 30 years of wireless expertise. Schaubach will drive the association’s agenda on 5G, 6G, spectrum policy and AI integration, positioning the U.S. as...
Stagwell Launches Segment-Based Growth Model, Appoints Three SVPs
Stagwell announced a new segment‑based growth structure and appointed three senior vice presidents—Jabari Hearn, Julie Levin and Lynne Reilly—to lead integrated growth across its Marketing Services and Media & Commerce divisions. The move, driven by EVP and Global CMO Ryan...
Yasir Al-Rumayyan Leaving Board of LIV Golf as Saudi Funding Dries up, Report Says
The ICTSI John Hay Junior PGT Championship in Baguiо concluded with dramatic victories across multiple age divisions. In the boys’ 11‑14 category, Javie Bautista erased a seven‑stroke deficit to edge Vito Sarines by one stroke, while Mavis Espedido swept the...
Facility Solutions Group Names Jason Zipprian CEO
Facility Solutions Group, one of the nation’s largest electrical contractors and lighting distributors, announced that longtime veteran Jason Zipprian will assume the role of chief executive officer effective immediately. Zipprian, who started as an apprentice electrician and most recently served...
Google CEO: Wiz Has ‘Exceeded’ Expectations So Far, Gemini Enterprise Seeing ‘Tremendous Momentum’
Google Cloud posted first‑quarter revenue of $20.02 billion, a 63% year‑over‑year increase, driven by strong demand for its AI and security services. CEO Sundar Pichai highlighted the rapid adoption of Gemini Enterprise, which saw paid monthly active users rise 40% sequentially,...
Faraday Future Successfully Concludes New York Investor Lunch, Presenting Strategic Updates and EAI EV and Robotics Product Showcases
Faraday Future held an exclusive investor lunch in New York on April 29, 2026, bringing together about 30 technology and mobility stakeholders. The company used the forum to detail its dual‑track strategy of Embodied AI (EAI) electric vehicles and robotics, showcasing the...
AIA Group Engages McKinsey & Company and Mercer for Strategic Review After Chairman Returns
AIA Group has hired consulting giants McKinsey & Company and Mercer to conduct a sweeping review of its operations and strategy following the return of former HSBC chairman Mark Tucker. The review will focus on talent development, operational efficiency and...
Conquest Planning Hires CRO, COO, CMO to Accelerate U.S. Expansion
Conquest Planning announced three senior go‑to‑market hires—Rob Crnkovic as CRO, Kristen Winther as COO and Karen Budell as CMO—to power its U.S. growth strategy. The moves follow the platform’s recent milestone of more than two million financial plans created, underscoring rising demand for...
Musk's SpaceX Aims to Power Mars with 100 TW Compute
I'm loving Musk's new pay deal at SpaceX, in addition to building a $7.5T company, colonizing Mars with 1m people, he also has to put 100 terrawatts of compute into space. To put that into perspective, the US grid is a...
Two Harbors Posts $80.2M Loss After $375M Litigation Settlement, Shifts Credit Strategy
Two Harbors Investment Corp (NYSE:TWO) posted a $80.2 million comprehensive loss for Q3 2025 after paying a $375 million litigation settlement and selling $19.1 billion of mortgage‑servicing‑rights (MSR) assets. The firm’s cash fell to $770.5 million, its expense ratio rose, and management outlined a pivot...
Medix Infusion Names Carmine DeNardo CEO to Accelerate National Expansion
Medix Infusion announced Carmine DeNardo as its new President and CEO, leveraging his experience growing ReCept Pharmacy from $32 million to over $600 million. The move signals a push to broaden ambulatory infusion services across the U.S. and deepen payer‑manufacturer partnerships.
Parallel Web Systems Hits $2 B Valuation After $100 M Series B Raise
Parallel Web Systems, the AI‑agent platform founded by ex‑Twitter CEO Parag Agrawal, closed a $100 million Series B round that lifts its valuation to $2 billion. The round was led by Sequoia Capital with participation from Kleiner Perkins, Index Ventures and Khosla Ventures,...
Belden Inc (BDC) Q1 2026 Earnings Call Transcript
Belden Inc. reported record Q4 2025 revenue of $720 million, an 8% year‑over‑year increase, and an all‑time high adjusted EPS of $2.08. Full‑year 2025 results also set new highs with $2.7 billion in revenue (10% growth) and adjusted EPS of $7.54,...
Lincoln Electric Holdings Inc (LECO) Q1 2026 Earnings Call Transcript
Lincoln Electric Holdings reported a record Q1 2026 with sales climbing 12% to $1.121 billion, propelled by a 10% price increase, favorable foreign‑exchange, and early benefits from its alloy‑steel acquisition. Adjusted EPS rose 16% to $2.50, while gross margin slipped 80...
Entegris Inc (ENTG) Q1 2026 Earnings Call Transcript
Entegris reported Q4 2025 revenue of $824 million, a 3% year‑over‑year decline but a 2% sequential increase, with gross margin and adjusted EBITDA margin at the high end of guidance. Free cash flow rose to $404 million, delivering a 12.7% margin—about 300...
Cable One Inc (CABO) Q1 2026 Earnings Call Transcript
Cable One reported Q1 2026 revenue of $363.7 million, a 6.1% year‑over‑year decline, driven by weaker residential and business data sales. Adjusted EBITDA fell 8.1% to $193.9 million, with margins contracting 120 basis points. The company reduced net debt by...
Distribution Solutions Group Inc (DSGR) Q1 2026 Earnings Call Transcript
Distribution Solutions Group reported a 9.8% revenue increase to $1.98 billion, driven partly by $121.5 million from recent acquisitions. Adjusted EBITDA fell to $175.2 million, compressing the margin to 8.9% after a year‑over‑year decline. Operating cash flow improved to $84 million and total liquidity...
LKQ Corp (LKQ) Q1 2026 Earnings Call Transcript
LKQ Corp reported Q1 2026 revenue of $3.3 billion, a 2.7% year‑over‑year increase, while diluted EPS fell to $0.29 due to a $52 million goodwill impairment in its Specialty segment. Adjusted diluted EPS was $0.59, and free cash flow reached $847 million for...
DTE Energy Co (DTE) Q1 2026 Earnings Call Transcript
DTE Energy announced a leadership change, with President Joi Harris becoming CEO on September 8 and Chairman Jerry Norcia moving to Executive Chairman. The company reaffirmed its 2025 operating EPS guidance of $7.09‑$7.23 and a $4.36 annualized dividend, targeting the high...
Choice Hotels International Inc (CHH) Q1 2026 Earnings Call Transcript
Choice Hotels International reported full‑year adjusted EBITDA of $626 million, a 4% increase, and adjusted EPS of $6.94, both in line with guidance. The company posted strong international growth, with revenue up 37% and its room inventory expanding 13% to roughly...
Floor & Decor Holdings Inc (FND) Q1 2026 Earnings Call Transcript
Floor & Decor announced a leadership change, appointing President Brad Paulsen as CEO effective fiscal 2026 while Tom Taylor moves to Executive Chair. The company posted Q3 fiscal 2025 diluted EPS of $0.53, a 10.4% increase, and total sales of...
AI‑obsessed CEOs See No Real Business Improvement
Your CEO is Suffering from AI Psychosis https://handyai.substack.com/p/your-ceo-is-suffering-from-ai-psychosis I'm sad to say I know SO many people like this. Crazy about AI. Convinced it's doing so so much for them and their businesses. Yet revenue, productivity, cost, and margin trajectories look basically...
AI Revenue Hits $37B, Signals Agentic Computing Shift
Just wrapped our quarterly earnings call. We are focused on delivering AI infrastructure and solutions that empower every business to eval-max their outcomes in this agentic computing era. Our AI business surpassed a $37 billion annual revenue run rate, up...
Scandal, Loyalty & ‘Summer House’: Frances Berwick’s Bravo Playbook
Frances Berwick, now chairman of Bravo and Peacock unscripted, has turned the network into a growth engine despite a shrinking unscripted market. Over the last six months Bravo’s shows lifted their monthly reach on Peacock by 45%, with flagship series...
Microsoft Refocuses on Fundamentals to Win Back Consumers
Microsoft CEO Satya Nadella just commented about winning back consumers across Windows, Xbox, and more: "When it comes to our consumer business, we're doing the foundational work required to win back fans and strengthen engagement across Windows, Xbox, Bing, and Edge....
Compute Limits Hold Back Google Cloud Revenue, Says CEO
GOOGLE $GOOGL CEO SUNDAR PICHAI JUST SAID "We are compute constrained ... our cloud revenue would have been higher if we had more compute"
Interview with Upside Gold CEO (4/29/2026)
Upside Gold’s CEO outlined a $150 million equity raise to fund the next phase of its flagship mine, where recent drilling boosted the resource estimate by roughly 20 percent. The company now targets first production in the third quarter of 2027,...
Meta Cuts 15% Staff, Touts AI Empowerment
Zuckerberg says AI will amp the ability for people to do what they want. Trying to smooth over the fact that Meta has been the most aggressive company at replacing humans with AI. My math is they've cut...
Uniform AI Strategies Erase Competitive Edge, Humans Needed
"If every CEO uses the same LLM models to generate strategy and determine product roadmap, no one has alpha. Yes, get context and have AI do all the low leverage things. But for high leverage decisions, I want as much...
AAPL Earnings Preview: Can Apple Keep Its Winning Streak Alive?
Apple is set to release its second‑quarter results after the bell on April 30, following a busy earnings week that includes Amazon, Meta, Microsoft and Alphabet. The report arrives amid a leadership change, with longtime CEO Tim Cook announcing his September departure...
CPKC 1Q26: ‘Resilient Performance’
Canadian Pacific Kansas City (CPKC) posted first‑quarter 2026 results showing modest revenue decline and slight earnings contraction amid macroeconomic headwinds. Revenue slipped 2% to C$3.7 billion (≈$2.74 billion) and diluted EPS fell 3% to C$0.94. The reported operating ratio rose 70 basis...
American Tower Q1 2026 Property Revenue Rises 3% YoY on Data Center Surge
American Tower Corp. posted a 3% year‑over‑year increase in Q1 2026 consolidated property revenue, excluding non‑cash items and FX impacts. The gain was powered by a 17% rise in data‑center revenue, while the company lifted full‑year guidance and boosted its...
FirstEnergy Beats Q2 2025 Estimates, GAAP EPS Rises to $0.46
FirstEnergy reported Q2 2025 GAAP earnings per share of $0.46, far exceeding the $0.08 consensus, and reaffirmed its upper‑half EPS guidance for the year. The utility cited disciplined O&M spending, a $2.5 bn infrastructure investment to date, and a $1.6 bn debt‑reduction...
PROCEPT BioRobotics Reports First Quarter 2026 Financial Results
PROCEPT BioRobotics reported first‑quarter 2026 revenue of $83.1 million, a 20% year‑over‑year increase driven by stronger U.S. system sales and higher pricing. The company performed about 12,200 Aquablation procedures in the U.S., a 30% rise, and grew its Hydros install base...
Trilliad Acquires Accelerate Performance to Boost Enterprise Sales Solutions
Trilliad announced the acquisition of Accelerate Performance, a global sales development and leadership training firm, to broaden its enterprise‑focused sales performance portfolio. The deal adds a consulting‑led model that serves large organizations with fully customized programs, complementing Trilliad’s existing Sandler...
Jamie Dimon Says Bureaucracy Sinks Companies and the Solution May Be Getting Rid of the ‘Jerks’ Who Don’t Want to...
JPMorgan CEO Jamie Dimon warned that bureaucracy, complacency and arrogance are silent killers that can topple even the largest firms. He urged senior leaders to purge "jerk" managers who prioritize process over outcomes and to share all relevant information before...
More Job Cuts in the Works for Q2 as DSV-Schenker Integration Continues: Lund
DSV announced that 7,000 employees have already been laid off as it integrates DB Schenker, with an additional 1,000 jobs expected to be cut in Q2. The integration, now complete in over 50 countries, is slated for full completion by year‑end....
ODFL Reports Improving Q1 Demand Despite Top-Line Decline
Old Dominion Freight Line reported Q1 net income of $238.3 million, or $1.14 per diluted share, down from a year earlier. Revenue slipped 2.9% to $1.34 billion, yet the results beat Wall Street forecasts. The carrier saw improving demand late in the...
PayPal's New CEO Makes Venmo a Standalone Business Unit as Potential Buyers Circle
PayPal announced that its Venmo app will be spun off into a standalone business unit, creating three distinct segments alongside its core PayPal‑branded services and a payment‑services division that houses Braintree and crypto. The move, driven by CEO Enrique Lores,...
GTA 6’s Price Is Still up in the Air, but Take-Two CEO Says It Will Be ‘the Most Spectacular Piece...
Grand Theft Auto VI is slated for a November 19, 2026 release, and Rockstar Games alongside parent Take‑Two Interactive are mounting a massive marketing push that could become the biggest entertainment launch of the decade. While the franchise historically shatters $1 billion revenue...
Honesty and Ownership: Our Only Guarantee at AppSumo
A note from me to the AppSumo Team this week. Hey everyone, Thank you for the Q1 feedback. I read every response. It wasn't all roses but it's the honesty I love to see. I'm going to give you the same honesty...
AT&T Might Look Beyond AST SpaceMobile for D2D
AT&T’s CEO John Stankey said the carrier will explore additional low‑Earth‑orbit partners beyond its current AST SpaceMobile deal to deliver direct‑to‑device (D2D) connectivity. He cited SpaceX, Amazon Leo and possibly a fourth LEO provider as potential wholesale partners. AST SpaceMobile...
Apple CEO Change Could Ripple Through S&P 500
Since the announcement that Tim Cook will step down as CEO of Apple Inc., with John Ternus set to succeed him, several questions have naturally emerged. I do not own shares of Apple directly. However, I do hold an ETF that...
AI Teammates Boost Sales Velocity, Win Rates, Certainty
Velocity, Win Rates, and Certainty: The CEO’s Case for AI Teammates by @Timothy_Hughes https://t.co/QidhAjRFgR @DLAIgnite #SocialSelling #DigitalSelling #Sales #SalesTips #SalesLeader #ArtificialIntelligence #Technology #Innovation #Tech #TechNews #Marketing #Strategy https://t.co/e0eZHkbm1l
Josh Yguado Steps Down as Jam City Leader After 16 Years
Josh Yguado, co‑founder of Jam City, announced his departure after 16 years as CEO. He will remain on the board while Simon Sim, current Kabam chief and Netmarble U.S. executive, takes over the role. Under Yguado, Jam City amassed over...
Google's Market Cap Quadruples After Nadella's Bold Claim
Google’s market cap has risen ~4x to $4.4T since Satya Nadella said “I want people to know we made [Google] dance” in February 2023 https://t.co/UczFJA82s6
Jam City Leadership Change: Simon Sim Departs, Josh's Future Uncertain
This is the end of an era for Jam City. We’ll see what’s next for Josh. Congrats to Simon Sim. https://t.co/ko28JcFjM6