Latest news with #Walraven
Yahoo
13 hours ago
- Business
- Yahoo
Trending tickers: Oracle, Oklo, Quantum Computing, Tesco and Halma
Shares in Oracle (ORCL) surged 7.5% in pre-market trading on Thursday, after the cloud infrastructure firm posted an earnings beat. Oracle reported fourth quarter revenue of $15.9bn (£11.7bn), which was ahead of expectations of $15.59bn, while adjusted earnings per share of $1.70 also bested estimates of $1.64. The company's cloud segment sales fell short of estimates, but Oracle highlighted 2026 revenue expectations for "dramatically higher" growth. Read more: UK economy shrinks by 0.3% in April Citizens head of technology equity research Pat Walravens told Yahoo Finance that Oracle's cloud outlook growth is "absolutely remarkable". Walraven pointed out that while Oracle had missed estimates on the top and bottom line last quarter, they reported their strongest ever quarter for bookings. "And so what you're seeing happen now is all of that business that they've been booking is finally starting to turn into revenue," he said. Shares in nuclear reactor developer Oklo (OKLO) jumped nearly 30% in Wednesday's session, hitting an all-time high. Oklo announced on Wednesday that it been selected on behalf of US Air Force to provide power to Eielson Air Force Base in Alaska by the end of the decade. Read more: FTSE 100 LIVE: Stocks slump as UK GDP contracts in blow to Rachel Reeves The company said that under the terms of the agreement it would would design, construct, own, and operate the power plant, delivering both electricity and heat to the Eielson Air Force Base, under a long-term power purchase agreement. Jacob DeWitte, CEO of Oklo, said that the deal reflected "continued confidence in Oklo's ability to deliver clean and secure energy solutions for mission-critical infrastructure." Shares in quantum computing companies surged on Wednesday, after Nvidia CEO Jensen Huang made bullish comments about the technology at the chipmaker's GTC Paris developer conference. Quantum Computing jumped more than 25% on Wednesday and was up a further 6% in pre-market trading on Thursday. Rigetti Computing (RGTI) rose more than 11% on Wednesday but hovered just below the flatline in pre-market trading on Thursday. Read more: Stocks that are trending today The surge in these stocks came after Huang told attendees at the conference on Wednesday that "we are within reach" of using quantum computers for "areas that can solve some interesting problems in the coming years." "Quantum computing is reaching an inflection point," he said. On the UK market, shares in Tesco (TSCO.L) rose nearly 3%, on the back of the supermarket's first quarter results. Tesco posted a 4.7% increase in like-for-like sales at £15.4bn ($20.9bn) in the first quarter and said it had continued to see market share gains. Richard Hunter, head of markets at Interactive Investor, said: "The Tesco juggernaut powers on, maintaining the light between the group and its nearest rivals. Read more: Oil prices ease but hover near two-month highs as Middle East tensions escalate "The prospect that supermarkets may be about to embark on a trade war of their own is not one which Tesco is taking lightly, and is mindful of a renewed attack from Asda let alone the notoriously competitive pricing which the sector attracts." He pointed out that Tesco is maintained "conservative guidance — a source of some disappointment when announced at the full-year results — of adjusted operating profit in a range of between £2.7bn and £3bn, slightly shy of the previous £3.13bn. The biggest riser on the UK's FTSE 100 (^FTSE) on Thursday was health and safety equipment maker Halma (HLMA.L), with shares rising 4.5%. This came after the company beat profit expectations in its annual results, released on Thursday, and forecast higher revenue growth in the year ahead. Halma reported adjusted pre-tax profit of £459.4m for the fiscal year ended 31 March, which was up 16% on the previous year and beat expectations of £447.9m, according to consensus estimates provided by the company. Stocks: Create your watchlist and portfolio The company said it expected to deliver upper single digit percentage revenue growth in the 2026 financial year. Russ Mould, investment director at AJ Bell (AJB.L), said: "Health, safety and environmental solutions group Halma confirmed its status as one of the unsung heroes of the London market with its latest set of impressive results as revenue reached record levels. The company is not resting on its laurels with strong cash flow being reinvested into the business to support future growth." Read more: The UK's rental boom is over What you need to know about UK's private stock market Pisces Stocks to watch this week: TSMC, Adobe, Tesco, Bellway and InditexError 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
18 hours ago
- Business
- Yahoo
Trending tickers: Oracle, Oklo, Quantum Computing, Tesco and Halma
Shares in Oracle (ORCL) surged 7.5% in pre-market trading on Thursday, after the cloud infrastructure firm posted an earnings beat. Oracle reported fourth quarter revenue of $15.9bn (£11.7bn), which was ahead of expectations of $15.59bn, while adjusted earnings per share of $1.70 also bested estimates of $1.64. The company's cloud segment sales fell short of estimates, but Oracle highlighted 2026 revenue expectations for "dramatically higher" growth. Read more: UK economy shrinks by 0.3% in April Citizens head of technology equity research Pat Walravens told Yahoo Finance that Oracle's cloud outlook growth is "absolutely remarkable". Walraven pointed out that while Oracle had missed estimates on the top and bottom line last quarter, they reported their strongest ever quarter for bookings. "And so what you're seeing happen now is all of that business that they've been booking is finally starting to turn into revenue," he said. Shares in nuclear reactor developer Oklo (OKLO) jumped nearly 30% in Wednesday's session, hitting an all-time high. Oklo announced on Wednesday that it been selected on behalf of US Air Force to provide power to Eielson Air Force Base in Alaska by the end of the decade. Read more: FTSE 100 LIVE: Stocks slump as UK GDP contracts in blow to Rachel Reeves The company said that under the terms of the agreement it would would design, construct, own, and operate the power plant, delivering both electricity and heat to the Eielson Air Force Base, under a long-term power purchase agreement. Jacob DeWitte, CEO of Oklo, said that the deal reflected "continued confidence in Oklo's ability to deliver clean and secure energy solutions for mission-critical infrastructure." Shares in quantum computing companies surged on Wednesday, after Nvidia CEO Jensen Huang made bullish comments about the technology at the chipmaker's GTC Paris developer conference. Quantum Computing jumped more than 25% on Wednesday and was up a further 6% in pre-market trading on Thursday. Rigetti Computing (RGTI) rose more than 11% on Wednesday but hovered just below the flatline in pre-market trading on Thursday. Read more: Stocks that are trending today The surge in these stocks came after Huang told attendees at the conference on Wednesday that "we are within reach" of using quantum computers for "areas that can solve some interesting problems in the coming years." "Quantum computing is reaching an inflection point," he said. On the UK market, shares in Tesco (TSCO.L) rose nearly 3%, on the back of the supermarket's first quarter results. Tesco posted a 4.7% increase in like-for-like sales at £15.4bn ($20.9bn) in the first quarter and said it had continued to see market share gains. Richard Hunter, head of markets at Interactive Investor, said: "The Tesco juggernaut powers on, maintaining the light between the group and its nearest rivals. Read more: Oil prices ease but hover near two-month highs as Middle East tensions escalate "The prospect that supermarkets may be about to embark on a trade war of their own is not one which Tesco is taking lightly, and is mindful of a renewed attack from Asda let alone the notoriously competitive pricing which the sector attracts." He pointed out that Tesco is maintained "conservative guidance — a source of some disappointment when announced at the full-year results — of adjusted operating profit in a range of between £2.7bn and £3bn, slightly shy of the previous £3.13bn. The biggest riser on the UK's FTSE 100 (^FTSE) on Thursday was health and safety equipment maker Halma (HLMA.L), with shares rising 4.5%. This came after the company beat profit expectations in its annual results, released on Thursday, and forecast higher revenue growth in the year ahead. Halma reported adjusted pre-tax profit of £459.4m for the fiscal year ended 31 March, which was up 16% on the previous year and beat expectations of £447.9m, according to consensus estimates provided by the company. Stocks: Create your watchlist and portfolio The company said it expected to deliver upper single digit percentage revenue growth in the 2026 financial year. Russ Mould, investment director at AJ Bell (AJB.L), said: "Health, safety and environmental solutions group Halma confirmed its status as one of the unsung heroes of the London market with its latest set of impressive results as revenue reached record levels. The company is not resting on its laurels with strong cash flow being reinvested into the business to support future growth." Read more: The UK's rental boom is over What you need to know about UK's private stock market Pisces Stocks to watch this week: TSMC, Adobe, Tesco, Bellway and InditexError 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
19 hours ago
- Business
- Yahoo
Trending tickers: Oracle, Oklo, Quantum Computing, Tesco and Halma
Shares in Oracle (ORCL) surged 7.5% in pre-market trading on Thursday, after the cloud infrastructure firm posted an earnings beat. Oracle reported fourth quarter revenue of $15.9bn (£11.7bn), which was ahead of expectations of $15.59bn, while adjusted earnings per share of $1.70 also bested estimates of $1.64. The company's cloud segment sales fell short of estimates, but Oracle highlighted 2026 revenue expectations for "dramatically higher" growth. Read more: UK economy shrinks by 0.3% in April Citizens head of technology equity research Pat Walravens told Yahoo Finance that Oracle's cloud outlook growth is "absolutely remarkable". Walraven pointed out that while Oracle had missed estimates on the top and bottom line last quarter, they reported their strongest ever quarter for bookings. "And so what you're seeing happen now is all of that business that they've been booking is finally starting to turn into revenue," he said. Shares in nuclear reactor developer Oklo (OKLO) jumped nearly 30% in Wednesday's session, hitting an all-time high. Oklo announced on Wednesday that it been selected on behalf of US Air Force to provide power to Eielson Air Force Base in Alaska by the end of the decade. Read more: FTSE 100 LIVE: Stocks slump as UK GDP contracts in blow to Rachel Reeves The company said that under the terms of the agreement it would would design, construct, own, and operate the power plant, delivering both electricity and heat to the Eielson Air Force Base, under a long-term power purchase agreement. Jacob DeWitte, CEO of Oklo, said that the deal reflected "continued confidence in Oklo's ability to deliver clean and secure energy solutions for mission-critical infrastructure." Shares in quantum computing companies surged on Wednesday, after Nvidia CEO Jensen Huang made bullish comments about the technology at the chipmaker's GTC Paris developer conference. Quantum Computing jumped more than 25% on Wednesday and was up a further 6% in pre-market trading on Thursday. Rigetti Computing (RGTI) rose more than 11% on Wednesday but hovered just below the flatline in pre-market trading on Thursday. Read more: Stocks that are trending today The surge in these stocks came after Huang told attendees at the conference on Wednesday that "we are within reach" of using quantum computers for "areas that can solve some interesting problems in the coming years." "Quantum computing is reaching an inflection point," he said. On the UK market, shares in Tesco (TSCO.L) rose nearly 3%, on the back of the supermarket's first quarter results. Tesco posted a 4.7% increase in like-for-like sales at £15.4bn ($20.9bn) in the first quarter and said it had continued to see market share gains. Richard Hunter, head of markets at Interactive Investor, said: "The Tesco juggernaut powers on, maintaining the light between the group and its nearest rivals. Read more: Oil prices ease but hover near two-month highs as Middle East tensions escalate "The prospect that supermarkets may be about to embark on a trade war of their own is not one which Tesco is taking lightly, and is mindful of a renewed attack from Asda let alone the notoriously competitive pricing which the sector attracts." He pointed out that Tesco is maintained "conservative guidance — a source of some disappointment when announced at the full-year results — of adjusted operating profit in a range of between £2.7bn and £3bn, slightly shy of the previous £3.13bn. The biggest riser on the UK's FTSE 100 (^FTSE) on Thursday was health and safety equipment maker Halma (HLMA.L), with shares rising 4.5%. This came after the company beat profit expectations in its annual results, released on Thursday, and forecast higher revenue growth in the year ahead. Halma reported adjusted pre-tax profit of £459.4m for the fiscal year ended 31 March, which was up 16% on the previous year and beat expectations of £447.9m, according to consensus estimates provided by the company. Stocks: Create your watchlist and portfolio The company said it expected to deliver upper single digit percentage revenue growth in the 2026 financial year. Russ Mould, investment director at AJ Bell (AJB.L), said: "Health, safety and environmental solutions group Halma confirmed its status as one of the unsung heroes of the London market with its latest set of impressive results as revenue reached record levels. The company is not resting on its laurels with strong cash flow being reinvested into the business to support future growth." Read more: The UK's rental boom is over What you need to know about UK's private stock market Pisces Stocks to watch this week: TSMC, Adobe, Tesco, Bellway and InditexError 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
13-05-2025
- Business
- Yahoo
Marc Walraven Raises Awareness for Simplicity in Urban Farming Solutions
Fort Worth-based innovator advocates for low-tech tools to fight food deserts and empower underserved communities FORT WORTH, TX / / May 13, 2025 / Marc Walraven, founder of UrbanRooted Innovations, is calling attention to the power of simplicity in tackling one of America's overlooked challenges: food deserts. Through his work designing low-cost, low-tech vertical farming systems, Walraven is raising awareness about how communities can take food access into their own hands-without relying on expensive technology. "There's this idea that everything has to be connected to Wi-Fi or come with an app," Walraven says. "But most people just need something that works. They need tools they can fix themselves." Food deserts - areas where residents lack access to affordable and nutritious food - affect over 19 million Americans, according to the USDA. In urban environments like Fort Worth, families are often surrounded by fast food chains but have no nearby grocery store. This lack of access contributes to poor health, limited food education, and a sense of disconnection from how food is grown. Walraven's solution is straightforward. His SkyGrow system, built from recycled parts and powered by solar energy, uses aeroponics to grow plants without soil. The systems are already in use at schools, community centres, and even veterans' groups in Fort Worth. In one example, six towers behind a middle school cafeteria gave students their first taste of fresh basil-grown by their own hands. "I grew up in a neighbourhood where we didn't always have healthy food options," Walraven says. "This isn't just about nutrition - it's about dignity and ownership." Unlike many agricultural tech ventures, Walraven rejects overengineering. His systems can be built and maintained with basic tools, making them ideal for schools, households, and underserved communities. He offers free workshops across Fort Worth to share his process and empower others to start small, build locally, and solve real problems with what they have. "Engineering taught me that simplicity is harder than it looks," Walraven explains. "But it's also more useful. If you can fix it with a screwdriver, you've got something that can last." Walraven encourages people not to wait for big solutions. Start with what you have. A container, some tubing, and a willingness to learn are often enough. Whether it's a classroom, a backyard, or a rooftop, growing food doesn't need to be high-tech - it just needs to be hands-on. About Marc Walraven Marc Walraven is a Fort Worth-based engineer, urban farming innovator, and founder of UrbanRooted Innovations. He designs solar-powered vertical farming systems that help individuals and communities grow fresh food in tight spaces, with minimal water and simple tools. His focus is on real-world solutions that reduce food insecurity and empower people to grow for themselves. Contact: info@ learn more about Marc's story, read the full interview here. SOURCE: Marc Walraven View the original press release on ACCESS Newswire 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
26-02-2025
- Business
- Yahoo
Supply chain uncertainties present opportunities for biopharma couriers in 2025
Despite concerns of supply chain fragility as geopolitical tensions mount, global biopharma courier Biocair is braced for a surge in both the volume and complexity of material transport demand, says key account director Marcel Walraven. Walraven described a sense of optimism in the industry heading into the year at the 2025 Clinical Trial Supply Europe conference taking place in Barcelona. However, stifling confidence in growing biopharma revenues in 2025 are mounting regulatory differences between countries. Walraven pointed to Brexit and the US Trump administration as examples where previously aligned nations have seen pharmaceutical regulations diverge in recent years, thereby complicating international transport for biopharma companies. Speaking with Pharmaceutical Technology, Walraven acknowledged that differing regulations implemented by the UK and EU since Brexit, for example, have made transport of pharmaceutical materials between the two regions more complex. However, the sector continues to navigate these challenges. While regulatory complexity will have an impact on the volume and cost of EU-UK transportation, he says, 'EU-based pharmaceutical companies will not stop producing for the UK market.' Rather than hampering business, he noted biopharma couriers could expect revenues to increase in line with growing demand for more complex and intensive transportation services. Digital transformation in transport is a key factor for Biocair, said Walraven. Moreover, pharma and biotech executives are developing an increasing appetite for real-time data on materials in transit, which is made possible by more affordable tracking technology. As per a 2024 Deloitte consulting report, which surveyed senior pharma executives, there is a desire for more sustainable, environmentally friendly transportation and packaging in supply chains. A preference for road transport over air travel, integration of electric vehicles, and implementation of reusable or biodegradable packaging were among the measures that Walraven said Biocair has taken to accommodate a more green-minded industry. However, he noted several factors stalling progress towards more fully sustainable supply chains. 'On many occasions where we offer a more sustainable option compared to a more standard option, – very often, customers tend to go for the more economic option even though there is a more sustainable alternative.' For example, Walraven said the vast majority of Biocair's customers still require air transportation, particularly when concerning time-sensitive deliveries of cutting-edge medicines such as cell and gene therapies. Image "Supply chain uncertainties present opportunities for biopharma couriers in 2025" was originally created and published by Pharmaceutical Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
