Latest news with #CNC
Entrepreneur
2 days ago
- Business
- Entrepreneur
Microsoft Study: AI Will Replace, Automate These Jobs
These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot. AI has a high chance of replacing many professions, according to a new Microsoft report. Microsoft researchers analyzed an anonymous dataset consisting of 200,000 conversations between U.S. users and its Copilot chatbot during nine months of last year and published the resulting study last week. The report found that the jobs with the highest chance of being replaced by AI were interpreters and translators. AI has been found to work well for translating, and there are many applications currently on the market, including popular options from Google (can create translated AI voiceovers) and Amazon (translates 164 languages in real time). Related: AI Is Going to 'Replace Everybody' in Several Fields, According to the 'Godfather of AI.' Here's Who He Says Should Be 'Terrified.' The next most likely to be replaced by AI was a historian. The researchers noted that gathering information, including about history, was one of the most successfully completed tasks by AI. Copilot users tasked the chatbot with prompts about researching historical or social issues and examining materials for accuracy. Also on the list were CNC (Computer Numerical Control) programmers, who create and develop the code that tells CNC machines to cut, drill, or mill materials. AI is taking over CNC programming by automating the process and making it more efficient with faster production times and reduced waste. Meanwhile, the study also identified where AI is barely being used. Two professions that fell under this category were nursing assistants and massage therapists, which made it on the list because they require working with people in person. Other professions were AI-proof because they required operating or monitoring machinery, like truck and tractor operators, or manual labor, like dishwashers and roofers. Related: Here Are the 10 Highest-Paying Jobs with the Lowest Risk of Being Replaced By AI: 'Safest Jobs Right Now' Copilot allows users to provide thumbs-up and thumbs-down feedback for each of its responses. Based on this feedback, the researchers calculated an AI applicability score, which measured how well different work activities are performed or supported by AI. The more thumbs-up feedback a response receives, the higher the user satisfaction and the greater the likelihood that AI could take over that task. The sourced employment numbers are from the U.S. Bureau of Labor Statistics. Here's a list of the top 10 professions most likely to be impacted by AI, based on the overlap between their duties and what AI can currently do. 1. Interpreters and translators AI Applicability Score: 0.49 Employment: 51,560 2. Historians AI Applicability Score: 0.48 Employment: 3,040 3. Passenger attendants AI Applicability Score: 0.47 Employment: 20,190 4. Sales representatives AI Applicability Score: 0.46 Employment: 1,142,020 5. Writers and authors AI Applicability Score: 0.45 Employment: 49,450 6. Customer service representatives AI Applicability Score: 0.44 Employment: 2,858,710 7. CNC tool programmers AI Applicability Score: 0.44 Employment: 28,030 8. Telephone operators AI Applicability Score: 0.42 Employment: 4,600 9. Ticket agents and travel clerks AI Applicability Score: 0.41 Employment: 119,270 10. Broadcast announcers and radio DJs AI Applicability Score: 0.41 Employment: 25,070 For a full list, check out the study here. Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.
Business Upturn
2 days ago
- Automotive
- Business Upturn
Lincoln Tech Brings Advanced Manufacturing Training Back to Mahwah, NJ Campus
Parsippany, NJ, July 29, 2025 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for nearly 80 years, has announced the return of career training for manufacturing and machining at its campus in Mahwah, NJ. Starting in September, students will be able to earn a Certificate in Advanced Manufacturing with Robotics, working on equipment provided by global leader Haas Automation. The field is projected to add hundreds of jobs statewide in the next 10 years, according to the U.S. Department of Labor*, with qualified technicians available for just a fraction of that number. The return of Lincoln Tech's Manufacturing program at the Mahwah campus was spurred by demand both from employers seeking job candidates and from students eager to explore a tech-driven in-demand career path. 'Robotic integration has become a key factor in modern manufacturing processes,' says Scott Shaw, Lincoln Tech's President and CEO. 'Equipment in today's facilities require operators with unique programming skills, and Lincoln Tech is proud to now offer enhanced training that helps students build those skills. We thank Haas for continuing to support our program and our students, and we look forward to helping New Jersey manufacturers build their workforces in the years ahead.' Lincoln Tech's program trains future Advanced Manufacturing professionals with the skills to program, operate, and maintain computerized (CNC) milling and turning machines. Students also learn to read and interpret blueprints, perform precision measurements, and operate robotic systems used in automated manufacturing environments. Throughout the program, students will test for industry certifications through the National Institute for Metalworking skills (NIMS) and receive CNC programming training with MasterCam software. 'The Advanced Manufacturing program at Lincoln Tech offers a deep dive into precision metal work, computerized machining, and digital manufacturing,' says Jeff Hager, a program instructor at the Mahwah campus. 'The skills learned here are the perfect starting point for a beginner or an upgrade for someone already in the trade.' Several growing industries in the northern New Jersey and upstate New York areas rely on CNC Manufacturing and Machining equipment and turn to schools like Lincoln Tech to identify new technicians with the skills to operate these highly specialized machines. These industries include Aerospace and automotive manufacturing, metal fabrication shops, tool and die manufacturers, industrial equipment suppliers, advanced prototyping centers and more. 'Automation is the future of manufacturing,' Hager says. 'The technology exists and is rapidly advancing; however, the number of people qualified to apply it to manufacturing is dwindling due to an aging workforce and lack of training opportunities. Lincoln Tech's program is designed specifically to address that lack of opportunity.' Lincoln Tech graduate Alec Tomasula began his career at Allendale Machinery after completing his training at Mahwah, and now works for ThorLabs, a company specializing in lasers and optoelectronics, at their shop in his hometown of Newton, New Jersey. '[At] Lincoln Tech everything was right there,' he says. 'It felt like a real shop, where all the different trades worked together. When we got to the robotics [component], I knew I made the right decision. We worked with universal collaborative arms, and that hands-on experience actually got me my first job [at Allendale].' The Advanced Manufacturing with Robotics program at Mahwah is now enrolling students for its upcoming September start. In addition to the Mahwah, NJ campus, CNC Manufacturing career training is offered at Lincoln Tech's Grand Prairie, TX facility. The Mahwah campus, which has served students and employers across the area for more than 25 years, also provides career training for the Automotive, Electrical, HVAC and Welding fields. * Career growth projections can be found at for the years 2022-2032 and are current as of July 13, 2025. ### About Lincoln Educational Services Corporation Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in four principal areas of study: transportation, healthcare, skilled trades, and information technology. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 21 campuses in 12 states under 3 brands: Lincoln College of Technology, Lincoln Technical Institute, and Nashville Auto-Diesel College. Attachments CNC Machining and Manufacturing Advanced Manufacturing with Robotics Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
4 days ago
- Business
- Yahoo
Centene Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Centene (NYSE:CNC) Second Quarter 2025 Results Key Financial Results Revenue: US$48.7b (up 34% from 2Q 2024). Net loss: US$253.0m (down by 122% from US$1.15b profit in 2Q 2024). US$0.51 loss per share (down from US$2.16 profit in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Centene Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Healthcare industry in the US. Performance of the American Healthcare industry. The company's shares are up 1.6% from a week ago. Risk Analysis Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Centene that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
5 days ago
- Business
- Yahoo
Centene Corp (CNC) Q2 2025 Earnings Call Highlights: Navigating Challenges and Strategizing for ...
Premium and Service Revenue: $42.5 billion for Q2 2025. Adjusted Diluted Loss Per Share: $0.16 for Q2 2025. Marketplace Membership: 5.9 million members. Commercial Premium and Service Revenue: Over $10 billion in Q2 2025. Marketplace Earnings Pressure: $2.4 billion full-year headwind expected for 2025. Medicaid Health Benefits Ratio (HBR): 94.9% for Q2 2025. Medicare PDP Membership: 7.8 million members. Full Year Adjusted Diluted EPS Forecast: Approximately $1.75 for 2025. Cash Flow from Operations: $1.8 billion for Q2 2025. Days in Claims Payable: 47 days at the end of Q2 2025. Full Year Premium and Service Revenue Outlook: Approximately $172 billion for 2025. Warning! GuruFocus has detected 6 Warning Signs with CNC. Release Date: July 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Centene Corp (NYSE:CNC) reported a significant increase in premium and service revenue, reaching $42.5 billion for the second quarter of 2025. The Medicare Advantage business is making important progress on its path to margin recovery, with effective 2025 pricing and operational discipline. Centene Corp (NYSE:CNC) has submitted 2026 pricing in 17 states and expects to submit adjusted pricing files in up to 12 additional states, aiming for profitability in 2026. The company is actively working on securing Medicaid rate increases, with a 5% composite rate adjustment expected for 2025, stronger than the previous expectation. Centene Corp (NYSE:CNC) is leveraging its size and scale to drive transparency and stability in the marketplace, engaging with the administration on program integrity measures. Negative Points Centene Corp (NYSE:CNC) reported an adjusted per share loss of $0.16 for the second quarter of 2025, falling short of financial goals. The marketplace business faced a $2.4 billion earnings pressure due to a change in risk adjustment transfer assumptions and higher utilization levels. The Medicaid portfolio produced an unanticipated health benefits ratio of 94.9%, driven by elevated medical cost trends in behavioral health, home health, and high-cost drugs. The company anticipates further attrition in marketplace membership, expecting to end the year with 5.4 million members, down from 5.9 million. Centene Corp (NYSE:CNC) faces challenges in repricing its marketplace business to account for morbidity shifts and program integrity impacts, with profitability not expected until 2026. Q & A Highlights Q: Can you walk us through your capital position and any potential needs for additional capital through the rest of the year? A: Andrew Asher, CFO, explained that Centene expects to inject a net $300 million into subsidiaries in the second half of the year. The company has a $4 billion credit facility with no current draw and a 60% debt-to-cap covenant, providing ample runway for capital needs. Q: Regarding the public exchanges, can you explain the risk adjustment true-up and your strategy for repricing in 2026? A: Sarah London, CEO, noted that the company underestimated the impact of program integrity measures, which led to a significant morbidity shift. For 2026, Centene aims to reprice 100% of its book to improve profitability, considering expected market dynamics and potential disenrollment. Q: Your guidance for Medicaid implies improvement in the second half. How does this compare to your peers, and what are the assumptions? A: Sarah London highlighted that Centene expects to improve Medicaid margins through focused interventions in specific states and leveraging enterprise-wide strategies. The company is confident in its ability to deliver meaningful margin improvement over the next four to six quarters. Q: Can you discuss the assumptions for ACA margins in 2026 and the potential range of outcomes? A: Sarah London stated that Centene aims to return to profitability in 2026 with meaningful margin improvement. The company is focused on margin over membership and will provide more clarity as they progress through rate filings and open enrollment. Q: How are you addressing the risk adjustment payable and product strategy for 2026 and beyond? A: Sarah London explained that Centene is considering market dynamics and potential product and network adjustments to optimize margins. The company is also advocating for greater transparency and earlier data availability to improve market stability. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Why Centene (CNC) Stock Is Trading Up Today
What Happened? Shares of health coverage company Centene (NYSE:CNC) jumped 5.9% in the afternoon session after the company reported second-quarter results that missed earnings estimates, but the stock rallied as investors looked past the disappointment as sales came in ahead of expectations. Centene posted its first quarterly earnings miss in four years, swinging to an adjusted loss per share of $0.16, a stark contrast to the profit recorded in the same quarter last year. The company also set its 2025 earnings guidance significantly below analyst expectations, citing worse-than-expected cost trends in its Affordable Care Act (ACA) Marketplace business. Despite the profitability issues, total revenues for the quarter came in strong at $48.7 billion, handily beating expectations. While the stock initially dropped sharply in pre-market trading on the earnings miss, it reversed course and rallied during the company's earnings call. This turnaround suggested investors may have gained confidence from management's commentary and their stated plan to address the cost issues and restore profitability. Is now the time to buy Centene? Access our full analysis report here, it's free. What Is The Market Telling Us Centene's shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock dropped 3.9% as several negative developments weighed on the sector. Weakness in managed care providers was a significant factor, with companies like Elevance Health and Humana seeing declines due to an analyst downgrade and a lost lawsuit regarding Medicare bonus payments, respectively. Additionally, some pharmaceutical and biotech companies experienced sharp drops following unfavorable news; for instance, Sarepta Therapeutics plunged after a report indicated another patient death tied to its experimental gene therapy, and GSK's blood cancer drug dosage was voted against by the FDA advisory committee. Broader market sentiment, including concerns about rising costs and inadequate pricing for 2025 plans among health insurers, also contributed to the downward pressure on healthcare equities. Centene is down 53.3% since the beginning of the year, and at $28.29 per share, it is trading 64.7% below its 52-week high of $80.23 from September 2024. Investors who bought $1,000 worth of Centene's shares 5 years ago would now be looking at an investment worth $420.47. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
