Goldman Sachs lowers its S&P 500 target, citing uncertainty, tariffs, and the Mag-7 This is a significant moment. I have been waiting for a investment house to stop the nonsense of sticking with their targets.. that has happened. Next we need a down open that finishes higher. That I believe can happen today. Then a big follow through Friday/ --Domo price target raised by $2 at Morgan Stanley, » 06:51 DOMO --Wells Fargo raised the… Citi opens 'positive catalyst watch' on Corning into investor day » 06:29 GLW --Citi analysis suggests 50% potential upside in Boeing shares » 05:55 BA --iRobot sinks after annual filing has going concern warning » 05:44 IRBT, AMZN --Polaris sees Powersports industry 8% lower than pre-Covid averages » 21:12 PII --Funko CEO buys $107K in common stock » 18:51 FNKO --Guggenheim starts GH Research at Buy, sees long-term upside potential » 17:27 GHRS --Cybin initiated with bullish view at Guggenheim, » 17:26 CYBN --Berry Corporation reports Q4 adjusted EPS 21c, consensus 15c » 16:18 BRY --
Market Cap 1 Billion hardly micro cap. Company is tough to get a hold of-: Building 1, Zhongteng Building 5 Floor 2121 Longteng Avenue Xuhui District Shanghai, 200232 China Rev growing very nicely./ about 19% $1 billion in sales. 2 up revisions no down./ These guys look like they are for real/
ECARX Highlights Q4 2024 EBITDA Breakeven, Positive EBITDA 2025 Outlook, and Global Expansion at Investor Day 2025<------- Mar. 13, 2025 7:00 AM ECARX Holdings Inc. (ECX) Q4: 2025-03-11 Earnings Summary EPS of -$0.00beats by $0.10 | Revenue of$265.90M(1.06% Y/Y)beats by $25.12M SHANGHAI, March 13, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (ECX) (“ECARX” or the “Company”), a global mobility tech provider, today showcased its significant financial milestones and strategic initiatives from 2024 while outlining its vision to drive growth going forward at its Investor Day 2025 held inHong Kongon March 13, 2025. At the event, ECARX’s management showcased the Company’s breakeven at the EBITDA level during the fourth quarter of 2024, its confidence in delivering positive EBITDA for the full year 2025, and its expanding global customer base supported by innovative, cost-effective solutions. Financial Milestones ECARX closed out 2024 with a robust financial performance despite intensifying market competition. The Company’s financial health hit an inflection point with EBITDA breaking even during the fourth quarter of 2024. ECARX’s operating loss consistently narrowed throughout 2024 while total revenue grew 18% year-over-year to RMB 5.6 billion. Gross margin for 2024 was a solid 21%, reflecting the progress it has made in optimizing product costs, executing its supply-chain and manufacturing strategy, and improving operational efficiency amidst challenging market conditions. Total shipments reached a record high of 2 million units in 2024, an increase of 33% year-over-year, with over 700,000 units shipped during the fourth quarter alone, up 10% from last quarter. Ziyu Shen, ECARX Chairman and CEO, commented, "2024 was a remarkable year where we made significant progress in executing our strategic vision. Achieving breakeven at the EBITDA level during the fourth quarter is a testament to our dedication and ability to excel in a challenging global environment. This has strengthened our confidence in reaching full-year breakeven for 2025 as we continue to expand our global reach and demonstrate to a broader audience of global automakers how our cost-effective full-stack solutions can be customized for deployment in different market.” Global Expansion ECARX continued to expand its global footprint throughout 2024, recently securing a new project with Volkswagen Group. This project will deploy a complete digital cockpit solution, including the integrated hardware and software of the ECARX Antora®1000 computing platform and ECARX Cloudpeak®software architecture, across multiple vehicles set to launch in Brazil and India toward the end of this decade. <------Long time!!!!!!! Additionally, ECARX strengthened its partnership with Geely who is also expanding into international markets with the recent launch of the Galaxy EX5, the first overseas model integrating ECARX’s Antora®solution, further demonstrating the Company’s ability to customize this solution for both Chinese and international markets. ECARX’s global presence is growing alongside the increased international exposure its products are receiving. Its global customer base has expanded to 18 automakers across 28 global brands including Skoda, Volvo, smart, Lotus, Mazda, and Peugeot. The Company has established European headquarters and operations center in London and R&D centers in Sweden,Germany, and the US to work in close proximity with automakers there on customized ADAS and cockpit solutions. Plans are also in place to open an office in Singapore for R&D, IP holding, and supply chain management. Technological Innovation During presentations,Mr. Shenoutlined how ECARX’s R&D roadmap is directly aligned with software-defined vehicles, and E/E architecture evolving trends driving the industry. ECARX is committed to investing in R&D as a driver of innovation and its growing global customer base. Over the past three years, R&D expenses have consistently accounted for approximately 15-20% of its total revenue with revenue growing at a quicker pace on average. The continued investment in R&D has enabled ECARX to expand its product offerings with advanced solutions like Skyland®Pro intelligent driving solution and AutoGPT, an in-vehicle LLM application built on top of several of the world’s leading LLMs to enhance the in-vehicle experience. The Company has built full-stack capabilities that span from hardware design to applications, exemplified in its Cloudpeak®software solution – the cross-domain software foundation that seamlessly integrates multiple operating systems to optimize the user experience. Solutions deployed with Google Automotive Services have been validated from global vehicles launches, a key feature global automakers such as Volkswagen and Volvo found highly attractive.Mr. Shenalso highlighted the enduring relevance of the Company’s solutions, such as the ECARX E02 computing platform where shipments have consistently grown to over 2.1 million units since its launch in 2020. Positive Outlook for 2025 Looking ahead to 2025, ECARX management expressed confidence in achieving positive EBITDA for the full year as it continues to invest in R&D to drive innovation, optimize product costs, and improve overall operational efficiency. The Company expects to strike a fine balance between revenue growth, profitability, and capital investment to ensure a healthy and sustainable growth in 2025. Mr. Shenconcluded, “Achieving breakeven will be our priority this year. The market opportunity in front of us is enormous and a healthy financial position is critical for us to expand internationally and engage with global automakers.” About ECARX ECARX (Nasdaq: ECX) is a global automotive technology provider with capabilities to deliver turnkey solutions for next-generation smart vehicles, from the system on a chip (SoC), to central computing platforms, and software. As automakers develop new electric vehicle architectures from the ground up, ECARX is developing full-stack solutions to enhance the user experience, while reducing complexity and cost. Founded in 2017 and listed on the Nasdaq in 2022, ECARX now has over 1,900 employees based in 12 major locations inChina,UK,USA,Sweden,GermanyandMalaysia. The co-founders are two automotive entrepreneurs, Chairman and CEOZiyu Shen, andEric Li(Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group — with ownership interests in global brands including Lotus, Lynk & Co, Geely Galaxy, Polestar, smart, andVolvo Cars. ECARX also works with other well-known automakers, including Volkswagen Group, FAW and Dongfeng Peugeot-Citroën. To date, ECARX products can be found in over 8.1 million vehicles worldwide. >>>>>>>>>>>>>>>> I would say they may rely on Goog a bit/ That can be turned off by Frump.
IONQ IonQ, Inc. $21.823.12(+16.68%)4:00 PM 03/12/25 NYSE |$USD |Pre-Market:$22.41+0.59(+2.70%)7:21 AM
RGTI Rigetti Computing, Inc. $8.950.90(+11.18%)4:00 PM 03/12/25 NASDAQ |$USD |Pre-Market:$8.96+0.01(+0.11%)7:27 AM The nice thing about Quantum is 4 stocks control the whole sector-- easy to get a foothold.
Well... 5 stocks-: LUMN Lumen Technologies, Inc. $4.98 0.11(+2.26%)4:00 PM 03/12/25 NYSE |$USD |Pre-Market:$4.98 7:05 AM
They were $9 yesterday, I was getting them for $2.50 in November at Aldi. oh, you’re talking about the plastic dyeable eggs at Walmart, my bad! Kroger $9 $7.99 ($0.67/count) Walmart.
Lol, no I'm not. Besides those are made in China so they're probably up. But I screen shot those eggs on the KR site yesterday for you sooo, beats me. We shouldn't eat eggs anyway. I'm not allowed to put them in Muttley's gruel anymore though.