Tailwind, like many startups, has a small head count. In a podcast posted on X, Wathan said that the company had four engineers on staff. Now, there's one. Wathan's post highlights the challenges that startups, which already face tough odds of success, can encounter as AI models grow more capable. The CEO founded the web developer tool in 2017. Tailwind's model is free and open-source, with a paid "pro" tier driving the company's revenue.
New accounts show that Breanagh Catering Ltd, the company overseeing the celebrated nightclub, had revenues of €11.7m, down from €11.78m, in the 12 months to the end of January 31. New accounts for Cathal and Paula Jackson's company record nightclub and bar sales of €10.45m, which was down marginally on the €10.46m under that heading in the prior year.
The $0.25 per share earnings beat represented a 5.8% surprise, marking the sixth consecutive quarter Toll Brothers has exceeded analyst expectations. However, revenue of $3.26 billion came in just 1.8% above the $3.20 billion estimate. More concerning for investors: that revenue figure declined 2.2% year over year from the prior fourth quarter's $3.33 billion. This pattern suggests the earnings outperformance came more from cost management and margin discipline than from robust demand growth.
Shares of Rigetti Computing ( NASDAQ: RGTI) collapsed 40% over the past month, falling from $39 in early November to $23.45 on December 1. The crash coincided with a dramatic shift in retail investor sentiment, plummeting from bullish scores of 78-82 in late November to very bearish readings of 12-18 by early December on platforms like Reddit and X. The reversal centers on mounting concerns about insider selling, revenue declines, and extreme valuations across the quantum computing sector.
The broadcaster reported revenues of $773 million and booked a $1 million net loss in the three months that included Kimmel's September suspension, according to Variety, a sudden reversal from the $94 million profit Sinclair posted in the same quarter of 2024. Advertising was the engine of the decline, down 26% to $321 million year-over-year. Political spending largely evaporated with just $6 million this past quarter compared to $138 million a year ago which was, of course, an election year.
Bondholders will receive up to 325 million shares of its common stock. "The early tender results of its previously announced exchange offer to exchange any and all of its 0% Convertible Senior Notes due 2027, for a pro rata portion of up to $202.5 million in aggregate principal amount of its new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 and up to 326,190,370 shares of its common stock," Beyond Meat announced.
In its earnings release, the company cited factors like "a sustained uncertain macroeconomic environment" stemming from "shifting tariffs,unclear impacts from changes to fiscal policy and political sentiment."
Gannett is executing $100 million in cost cuts, including closing print facilities and automating processes, to improve operational efficiency and adapt to revenue declines.
