Latest news with #Tempe
Yahoo
3 hours ago
- Business
- Yahoo
First Solar raises annual sales outlook, expects higher prices due to tariffs
(Reuters) -First Solar raised its annual sales forecast on Thursday, as the U.S. solar panel maker expects higher prices for its products following additional tariffs on foreign-made panels. Shares of the Tempe, Arizona-based company rose over 4% after the bell. The solar industry, which has grappled with lackluster demand and high interest rates, is now bracing for the impact of U.S. President Donald Trump's policies related to renewable energy as well as his plans to impose tariffs on most imports. While Trump's sweeping tax and spending bill - dubbed the "One Big, Beautiful Bill Act" (OBBBA) - aims to phase out solar and wind tax credits by 2028, the U.S. tariffs are expected to improve the outlook for solar companies. "In our view, the recent policy and trade developments have, on balance, strengthened First Solar's relative position in the solar manufacturing industry," CEO Mark Widmar said. Earlier this month, U.S. solar panel makers, including First Solar, asked the U.S. Commerce Department to impose tariffs on imports from Indonesia, India and Laos, as they sought to protect their recent investments and better compete with Chinese rivals. The industry is also expected to benefit from rising demand for power as corporations and governments increasingly adopt cleaner sources of power to combat climate change. First Solar now expects current-year net sales to be between $4.9 billion and $5.7 billion, compared with its previous projection of $4.5 billion and $5.5 billion. Analysts, on average, estimated the company's 2025 net sales at $5.07 billion, according to data compiled by LSEG. Sign in to access your portfolio
Reuters
3 hours ago
- Business
- Reuters
First Solar raises annual sales outlook, expects higher prices due to tariffs
July 31 (Reuters) - First Solar (FSLR.O), opens new tab raised its annual sales forecast on Thursday, as the U.S. solar panel maker expects higher prices for its products following additional tariffs on foreign-made panels. Shares of the Tempe, Arizona-based company rose over 4% after the bell. The solar industry, which has grappled with lackluster demand and high interest rates, is now bracing for the impact of U.S. President Donald Trump's policies related to renewable energy as well as his plans to impose tariffs on most imports. While Trump's sweeping tax and spending bill - dubbed the "One Big, Beautiful Bill Act" (OBBBA) - aims to phase out solar and wind tax credits by 2028, the U.S. tariffs are expected to improve the outlook for solar companies. "In our view, the recent policy and trade developments have, on balance, strengthened First Solar's relative position in the solar manufacturing industry," CEO Mark Widmar said. Earlier this month, U.S. solar panel makers, including First Solar, asked the U.S. Commerce Department to impose tariffs on imports from Indonesia, India and Laos, as they sought to protect their recent investments and better compete with Chinese rivals. The industry is also expected to benefit from rising demand for power as corporations and governments increasingly adopt cleaner sources of power to combat climate change. First Solar now expects current-year net sales to be between $4.9 billion and $5.7 billion, compared with its previous projection of $4.5 billion and $5.5 billion. Analysts, on average, estimated the company's 2025 net sales at $5.07 billion, according to data compiled by LSEG.
Yahoo
24-07-2025
- Business
- Yahoo
Quantum Computing Inc. (QUBT): A Bear Case Theory
We came across a bearish thesis on Quantum Computing Inc. on by jcoviedo. In this article, we will summarize the bulls' thesis on QUBT. Quantum Computing Inc.'s share was trading at $19.51 as of July 18th. A close up of an engineer typing at a quantum computing station in a modern office space. Quantum Computing Inc. (QUBT) has become emblematic of speculative excess, boasting a $2+ billion market cap despite generating just $373k in 2024 revenue and $39k in Q1 2025. Formed in 2001 as Ticketcart Inc. and later renamed, QUBT repositioned itself as a 'quantum photonics' company with two nominal businesses: a thin-film lithium niobate chip foundry in Tempe, Arizona, and a cloud-based quantum computer, DIRAC-3, rented for $1,000/hour. However, an Iceberg Research report questioned the existence of the foundry, describing it as little more than office space, while the cloud offering has negligible usage. Industry leaders such as IBM, Google, and Quantinuum do not even recognize QUBT as a competitor, underscoring its marginal relevance. Despite this, the stock has surged 110% in the past month as retail traders pile in, echoing Q4 2024's 'quantum bubble.' Insider selling has accelerated, with interim CEO Yuping Huang unloading 500,000 shares in May and director Javad Shabani exiting completely, reinforcing management's lack of conviction. The firm has a history of misleading press releases, including multiple exaggerations of a $26,163 NASA subcontract and a failed $500k 'loan' to a related AI company, Millionways, that was fully written off. Long-term CEO William McGann abruptly resigned in April, with no explanation. With $166 million in cash, no debt, and frequent equity offerings—including $94 million raised in January—QUBT's value appears little more than its cash per share. Further dilution, insider sales, and waning speculative fervor remain likely catalysts for a sharp correction in what bears argue is a fundamentally worthless company. Previously, we covered a bullish thesis on IonQ, Inc. (IONQ) by Maestroszq in October 2024, which highlighted IonQ's rapid revenue growth, patent strength, and catalysts like its Forte Enterprise launch. The company's stock price has appreciated by approximately 329% since our coverage, as these drivers materialized. The thesis still stands as IonQ scales commercially. Jcoviedo shares a contrarian view but emphasizes QUBT's speculative excess despite operating in the same industry. Quantum Computing Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 13 hedge fund portfolios held QUBT at the end of the first quarter which was 6 in the previous quarter. While we acknowledge the potential of QUBT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. 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
Fox News
21-07-2025
- Sport
- Fox News
'It's A Real Brotherhood': At Pass Rush Retreat, Top D-Linemen Put Egos Aside
Tempe, Ariz. – My walk from my rideshare service through the parking lot and to the side entrance of the Verde Dickey dome at Arizona State is miserable. It's 115 degrees. I finally push through the pressurized revolving doors to enter an inflatable indoor practice facility, the length of a football field, with bright green turf and stark white lines for the yard markers inside. A gold pitchfork is emblazoned on the field, denoting this is Sun Devil country. But the players littering the field in front of me aren't college kids. I scan from left to right, noticing trainers from the Sports Academy clad in black workout clothes, manual therapists with their tables set up in a row, players wearing all sorts of team-issued gear and B.T. Jordan, milling around and greeting those in attendance like the old friends they are. Jordan's sixth annual Pass Rush Retreat, held at ASU's campus, has become a go-to event for many of the league's top defensive linemen, so much so that they're willing to make the trip to the Valley of the Sun and deal with its sweltering summer heat in order to attend. It has grown since its first year in 2019. Back then, it was just a bunch of nose tackles, the guys in the middle of the defensive line, getting together to go over the nuances of the position no one else understood. "But then Rashan Gary and a couple other defensive ends showed up, anyway," Jordan laughed. Jordan has been a pass rush consultant employed by multiple NFL teams at this stage of his career, including the Seattle Seahawks and, this past season, the Denver Broncos. The Broncos, who had the highest sack rate in the NFL in 2024 and a league-best -105.2 passing EPA. The same team that had the best quarterback pressure rate with a four-man rush last season. Yeah, those Denver Broncos. Jordan has a track record that keeps players like Rashan Gary and Kenny Clark of the Green Bay Packers, Jonathan Greenard of the Minnesota Vikings and L.J. Collier of the Arizona Cardinals coming to the annual Pass Rush Retreat, which also welcomed first-round rookies Mason Graham of the Cleveland Browns and Walter Nolen of the Cardinals this year. It's why the event has grown from 15 nose tackles to over 60 defensive linemen. It's why so many are giving up their precious vacation time to get better and invest in themselves. These events aren't unique to defensive linemen. O-Line Masterminds, hosted by Duke Manyweather in Dallas, is in its eighth year (Our own Ben Arthur was on the scene there). Tight End University, hosted by Travis Kelce, George Kittle and Greg Olsen, just put on its fifth annual event. But there's less fanfare here at the Pass Rush Retreat. It's all about the work. Jordan and I are huddled over in the corner on various pads used in drills. The first part of the day, in which Jordan and his team of trainers led players in individual pass rush drills, is over. There were scattered groups working simultaneously - some tethered to their workout partners with workout band, while others perfecting individual pass rush moves with standup drill dummies, expertly weaving in and out on each repetition. It's easy to look around at the various team logos and get caught up in the fact that on the field, these guys are opponents. They're in a room full of their competition. In a position like defensive end or outside linebacker, those responsible most often for getting to the quarterback, the limelight shines a bit brighter. Individual success means you contributed to your team in the most direct way possible. It's something each of these players' egos crave, even when they say they don't have one. But on a deeper level, lining up on the line of scrimmage as a defender is a shared experience. It's a fraternity. It's something each of these men, who play the position at the highest level, uniquely understands better than anyone else in the world. It's their job to be their best selves, and it's also their responsibility to make each other better and leave the game better than they found it. "It's a real brotherhood," Jordan said. "They want to see each other grow and see each other get paid, see each other dominate. And that's what it's all about. It's just keep pushing each other, giving each other knowledge, and just making it better; helping the position grow." It wasn't just on-field drills that players were signing up for, either. There was a conditioning element, where players worked out together in Arizona State's football weight room. Snacks littered a back counter, looking more reminiscent of a youth summer camp than something for professional athletes. But if you've ever been around an NFL facility, you'd know that none of these guys are far from an Uncrustable or squeezable applesauce. A couple of floors up from the weight room in ASU Football's facility was the team meeting room, which is where players filed in now. It's about 2 p.m. They've been going since about 9 a.m. But they spread out methodically, almost on autopilot from their countless meetings during the season, and settle in to watch film. And there I was, back row, dead center, a literal fly on the wall, surrounded by the NFL's elite speaking a language I was conversational in, at best, but that they all spoke. Jonathan Greenard was first up. A game against the San Francisco 49ers popped up on the giant screen at the front of the room. Before Jordan himself can say anything, Greenard chimes in, narrating his thought process, play in and play out. They weren't all highlight-worthy, either. There were self-critiques coming from Greenard, almost more than any sort of rationalization or even bravado. Players around the room called out from time to time, asking questions, making comments and offering advice. This continued for the Broncos' Jonathan Franklin-Myers and the Browns' Maliek Collins. They oscillated between sage advice and sheepish explanations of mistakes. Any time there was a particularly good play, though, the entire room erupted in hoots and hollers. "Ok, JG!" "God damn!" "I see you, 'Liek!" It was like all that ego I saw on the field just fell out of the room. "Having an event like this where you have other Pro Bowlers, you have other guys with the experience we got in the league, we have a lot of young guys, first-round picks, a lot of good potential," Rashan Gary told me. "You get to learn and pick everybody's brain, but the main part is really coming together, camaraderie. [Some of us] see each other this year on the field. So, yeah, you pop in a little 'ish' here, and then you see them perform on the field. It's like, man, it pays off." The art of the pass rush is a holistic thing. It isn't just about mechanics, or talent, or intelligence or physics, for that matter. It's all of those things together, executed to perfection, with fractions of seconds to read and react. "Pass rushing is really an art," Jordan said. "That's what I kind of figured out. It's a true art, and breaking it down, and taking the guys' weaknesses and trying to make them strengths, taking a strength and making it more of a strength. That's basically all it is. Most coaches, they don't have time to focus on one detail with one player. They have to work on the scheme and everything like that. So me, being a consultant, I'm able to focus on specific details of pass rushing and if you can rush the passer, you get paid in the NFL." You didn't think it was completely altruistic, did you? Events like the Pass Rush Retreat are win-win situations for players looking to get better, and get paid. So while we think of them as competitors, and while they act like it even on a practice field in the middle of the summer by chirping back and forth, at the end of the day, they're more than that. They're brothers. "I love the camaraderie with it," said Gary, one of the biggest talkers on the field of the event. "At the end of the day, it gets us all better. Because if I'm talking at a high level, that means everything I do have to be at a high level. And if not, then the microscope is on me, which I want it to be, because, like I told them, I'm not gonna tell you to do nothing that I won't do myself. And that's what I tell my teammates. So I try to lead by example." Consider the rest of the league, and especially the league's offensive linemen, on notice. Carmen Vitali is an NFL Reporter for FOX Sports. Carmen had previous stops with The Draft Network and the Tampa Bay Buccaneers. She spent six seasons with the Bucs, including 2020, which added the title of Super Bowl Champion (and boat-parade participant) to her résumé. You can follow Carmen on Twitter at @CarmieV. Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, and follow leagues, teams and players to receive a personalized newsletter daily!
Yahoo
17-07-2025
- Business
- Yahoo
QUBT Surges 175% in 3 Months: What's Next as Quantum Race Heats Up?
Quantum Computing Inc. QUBT has emerged as one of 2025's most electrifying deep-tech stories. Shares have skyrocketed 175.7% in the past three months, driven by a mix of operational milestones, bullish investor sentiment on the quantum sector and an aggressive strategic initiative toward commercialization. Image Source: Zacks Investment Research Quantum Computing's first-quarter 2025 was also a turning point as the company shifted leadership and moved ahead with key strategic plans. Interim CEO Dr. Yuping Huang took over after Dr. Bill McGann's retirement and reaffirmed QCi's goal of providing practical, low-power, room-temperature photonic quantum machines for real-world use. Huang's appointment ensures steady progress as the company works to expand the market reach of its quantum technology. In Q1, QUBT completed its Quantum Photonic Chip Foundry in Tempe, enabling in-house production of thin-film lithium niobate (TFLN) circuits for AI, telecom, and quantum applications. With its fifth customer order secured and discussions underway for a second fab, QCi expects revenue acceleration in 2026 as demand continues to grow. What's Next? Quantum Computing plans to focus on scaling up its foundry operations, with meaningful revenues expected in 2026 as testing and onboarding give way to larger orders. Commercial growth will depend on converting interest from industrial sectors like automotive and aerospace into sales, while expanding the team to support global go-to-market efforts. Plans for a second fab (Fab 2) are underway, aimed at boosting capacity to meet rising demand across AI, telecom, and quantum markets. With sector momentum rising, fueled by NVIDIA's NVDA bullish quantum outlook, QUBT is well-positioned. However, execution, dilution risk and peer competition remain key watchpoints. Yet, Competitive Pressure Intensifies D-Wave Quantum QBTS: The company is gaining strong commercial momentum, reporting a 509% year-over-year revenue increase, positioning it as one of the top-performing quantum stocks this year. Its cloud-accessible Advantage2 system, equipped with over 4,400 qubits, reinforces its leadership in quantum annealing. The company is also expanding into gate-model computing and has secured $400 million to fuel growth and strategic acquisitions. With major partners like Mastercard and Ford, along with a growing patent portfolio, D-Wave is emerging as a formidable competitor in real-world quantum optimization. IonQ IONQ: It is accelerating its leadership in trapped-ion quantum computing through strategic moves, including the acquisition of Lightsynq to boost photonic interconnects and a $1.075 billion deal to acquire Oxford Ionics to advance modular, high-fidelity systems. Backed by the Texas Quantum Initiative and expanding cloud integrations, IonQ is positioning itself for fault-tolerant computing and quantum networking, directly challenging QUBT as both companies scale in photonics and communication technologies. Average Target Price for QUBT Suggests Limited Upside Based on short-term price targets, Quantum Computing is currently trading 2.3% above its average Zacks price target. Image Source: Zacks Investment Research QUBT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Quantum Computing Inc. (QUBT) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
