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Salesforce shares fell 18% after the company reported fiscal first-quarter revenue that missed estimates for the first time since 2006 and provided lighter-than-expected guidance. Revenue for the quarter increased 11% but still came in below analysts' estimates. Guidance also came in below estimates. Analysts said broader macroeconomic challenges impacted Salesforce's performance during the quarter more than expected. Execution issues and changes to their go-to-market strategy also played a role. Analysts remain optimistic about Salesforce's long-term prospects, especially around their investments in generative AI and how it could drive future growth.
⏲ 0:41 👁 695K
Honest Finance
⏲ 58 seconds 👁 749.2K
Bob Sharpe
⏲ 9 minutes 28 seconds 👁 2.5K
In little more than 25 years – so the theory goes at least – one-quarter of the country’s electricity needs will come via homegrown nuclear power. Given the chequered history of attempts to bring through new nuclear, reaching that target by 2050 from the current 15 per cent looks ambitious.<br/>But one place central to turning those aspirations into reality is the Nuclear Advanced Manufacturing Research Centre (AMRC) in South Yorkshire, which sits on land which was once part of Orgreave Colliery.<br/><br/>The facility has been used since 2012 as a base for researchers to test and develop millions of pounds worth of manufacturing innovations for the nuclear industry.<br/><br/>It mostly takes place in a giant open-plan workshop with offices on the top floor which overlook the hive of activity taking place below. It is in these offices where The Yorkshire Post is meeting CEO Andrew Storer.<br/><br/>In the earlier part of his career, Storer, originally from Derby, worked his way up through the ranks at Rolls-Royce to become part of their team tasked with setting up a civil nuclear business.<br/><br/>An initial political push in the early 2010s to find sites around the country for new nuclear power stations – a key factor in the initial establishment of the Nuclear AMRC which had Rolls-Royce as its lead industrial partner – ultimately fizzled out, partly as a consequence of concerns about the 2011 Fukushima nuclear accident in Japan affecting investment decisions.<br/><br/>Storer joined the University of Sheffield-owned Nuclear AMRC in 2015 and was determined to find a viable future for the centre despite the altered political landscape.<br/><br/>It opened up to the nuclear decommissioning market, as well as defence and fusion reactors. The centre also established a supply chain programme called Fit For Nuclear.<br/><br/>Businesses involved in the programme have gone on to win more than £2bn worth of government contracts, safeguarding thousands of jobs.<br/><br/>The centre is also part of the High Value Manufacturing Catapult, a national network of seven specialist industry-focused research centres designed to help turn academic inventions into commercially-viable products.<br/><br/>In early 2022 following meetings with industry figures including Storer, Boris Johnson announced the launch of a new body called Great British Nuclear in a renewed attempt to bring forward projects.<br/><br/>Last week, the Government announced the start of talks with international firms about building a third major new nuclear plant at Wylfa in Anglesey which it is hoped could be similar in scale to also-planned schemes at Sizewell in Suffolk and Hinkley in Somerset. The latter is already under construction but may not open until the early 2030s.<br/><br/>In parallel to the large-scale plans, the UK is also pinning its hopes on what are known as small modular reactors (SMRs) which can be made in factories and involve a cheaper and quicker construction process. It is hoped they could be operational in this country by the mid-2030s.
⏲ 2:41 👁 6M
Daniel Iles
⏲ 48 seconds 👁 359.2K
The Swedish Investor
⏲ 7 minutes 25 seconds 👁 45.8K
Trump Promises to Stop , All Electric Car Sales.<br/>In an effort to be reelected <br/>as President of the Unites States.<br/>Trump is promising oil and gas execs that <br/>he'll keep electric vehicles (EVs) from being sold in the U.S. if they make significant donations to his campaign, Gizmodo reports. .<br/>Trump said that he'd lower tailpipe emissions targets and cut EV tax credits, among other things. .<br/>\
⏲ 1:31 👁 47.1M
Kris Krohn
⏲ 12 minutes 11 seconds 👁 489.6K
Daniel Iles
⏲ 27 seconds 👁 1.2M
Trump Media stock drops as former President Trump found guilty of 34 charges related to falsified business records. Wealthy Wall Street backers continue to support Trump despite his criminal conviction, drawn by his promises to cut taxes and regulations.
⏲ 0:56 👁 555K
Shankar Nath
⏲ 57 seconds 👁 97.2K
Kris Krohn
⏲ 13 minutes 2 seconds 👁 172.9K
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