logo
#

Latest news with #SPOT

Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions
Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions

Business Wire

time3 days ago

  • Business
  • Business Wire

Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions

DUBLIN--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe. The latest milestone in this partnership includes a continued deployment with INFOCA, Andalusia's regional fire authority, and one of Europe's largest emergency response organizations. Through Technosylva's Wildfire Analyst™ and fiResponse™ platforms, powered in the field by Globalstar's SPOT satellite devices, firefighters gain real-time situational awareness, enhanced coordination, and life-saving connectivity even in the most remote and hazardous environments. SPOT devices enable precise GPS tracking and emergency signaling, integrated directly into fiResponse. Firefighters can send instant location data with the touch of a button, supporting rapid dispatch of emergency teams – even in GSM-denied areas. These devices have been proven effective in live deployments across Spain, the U.S., Canada, and Latin America. In Spain, INFOCA fast-tracked the deployment of SPOT Gen3 devices in 2020 during the COVID-19 pandemic to support first responder operations. By 2022, 550 devices had been deployed, while neighboring Castilla La Mancha has been using SPOT since 2015. 'Increasing wildfire threats require integrated, intelligent solutions,' said Joaquin Ramirez, Founder & CTO at Technosylva. 'Spain understands that fire behavior modeling, advanced communications, and real-world field operations must work in concert to improve firefighter safety and decision-making.' Mark O'Connell, Globalstar's General Manager for EMEA and APAC, added, 'We're proud to support Technosylva and INFOCA in equipping fire agencies with critical satellite technology to help save lives and protect communities.' Technosylva's growing international presence includes major firefighting agencies in the U.S., including agencies in Texas and Georgia, who use the system's predictive analysis to model fire spread and allocate resources more effectively based on live and forecasted environmental conditions. Register here to join the upcoming webinar, 'The Keys to Enhancing Safety & Efficiency in Firefighting Operations' on June 30 to learn more. About Technosylva Inc. Technosylva is the leading provider of wildfire and extreme weather modeling, risk mitigation, and operational response software. Technosylva's market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing wildfire and extreme weather risks to support electric utility, insurance, and government agency customers. Founded in 1997, Technosylva has offices in La Jolla, CA, León, Spain, and Calgary, Canada. Learn more at About Globalstar, Inc. Globalstar empowers its customers to connect, transmit, and communicate smarter – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company's low Earth orbit ("LEO") satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar's terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar's XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation Internet of Things ("IoT") hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit

Here's Why Spotify (SPOT) Fell More Than Broader Market
Here's Why Spotify (SPOT) Fell More Than Broader Market

Yahoo

time3 days ago

  • Business
  • Yahoo

Here's Why Spotify (SPOT) Fell More Than Broader Market

In the latest close session, Spotify (SPOT) was down 1.54% at $710.19. The stock trailed the S&P 500, which registered a daily loss of 0.03%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.13%. Shares of the music-streaming service operator have appreciated by 9.52% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.02%, and the S&P 500's gain of 0.6%. Market participants will be closely following the financial results of Spotify in its upcoming release. The company's upcoming EPS is projected at $2.34, signifying a 63.64% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $4.79 billion, up 16.93% from the year-ago period. For the full year, the Zacks Consensus Estimates are projecting earnings of $9.26 per share and revenue of $19.94 billion, which would represent changes of +55.63% and +17.6%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Spotify. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.62% higher. Spotify is currently sporting a Zacks Rank of #3 (Hold). Investors should also note Spotify's current valuation metrics, including its Forward P/E ratio of 77.88. Its industry sports an average Forward P/E of 28.07, so one might conclude that Spotify is trading at a premium comparatively. Investors should also note that SPOT has a PEG ratio of 1.89 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 2.17. The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 53, positioning it in the top 22% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. 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 Spotify Technology (SPOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

New celeb pics will have you seeing double
New celeb pics will have you seeing double

Herald Sun

time4 days ago

  • Entertainment
  • Herald Sun

New celeb pics will have you seeing double

All eyes were on Kanye West's wife Bianca Censori when she arrived for a spa day, but it wasn't because she was once again near-naked. The 30-year-old drove herself to her beauty appointment in LA on Tuesday, looking almost nude as she embarked from her brand-new Porsche 911 Turbo 4S. Melbourne-born architect Censori put on a leggy display in a nude thong bodysuit with a plunging neckline that showed off some serious cleavage. Completing the outfit were her boots with the fur and black sunglasses. Bianca Censori made a bold fashion statement during a solo outing in Beverly Hills, wearing dramatic white furry boots. Picture: GAMR/KHROME/NEMO / BACKGRID The Aussie looked almost naked in her skin-coloured bodysuit. Picture: GAMR/KHROME/NEMO / BACKGRID With her cascading dark hair and equally dark shades, Censori closely resembled West's first wife, Kim Kardashian. The rapper was married to the reality-star-turned-beauty-mogul for seven years before their split in 2021. In late 2022, he began dating Censori and by December that year, they were married. The star drove herself to her spa appointment in her brand new Porsche 911 Turbo 4S. Picture: SPOT / BACKGRID This isn't the first time Censori has sparked comparisons to Kanye's former wife. Kardashian, 44, was called out for trying to look like her ex's new wife back in February when she rocked a nude leotard with a pair of fairy wings for her Skims shapewear campaign. Censori's latest outfit resembles Kim Kardashian's aesthetic. Picture: Skims Kanye West's first wife is also known for her long dark hair. Picture: SPLASH / BACKGRID In December, Kardashian was also compared to the Aussie model and architect when she posed in a teeny string bikini and plunging top on Instagram. 'Bianca has multiplied,' one person commented on the photo at the time, while another wrote, 'Kimca Censori.' Kardashian has also been called out for looking like Censori in this Skims ad from February. Censori is known to wear her hair slicked back, like she did at the Grammys this year. Picture:Now, it appears Censori has taken inspiration from Kardashian with her latest look as the voluminous hair resembles KK in her Kanye West era. But it appears the Aussie is following in Kardashian's footsteps in more ways than one. This solo outing comes after it was revealed earlier this month that Censori has started her own business empire. According to The US Sun, at the start of June she set up her first US company called Bianca Censori Inc. It was registered last month with the state of California and she is listed as CEO and secretary. It's believed her business will be in the beauty realm, given the chief financial officer is listed as Hussein Lalani, who specialises in selling cosmetic treatments. Lalani founded the skin care brand Zensa, which sells beauty procedures such as a DIY Brazilian wax kit and microblading. Originally published as Bianca Censori is the spitting image of Kim Kardashian in latest near-naked outfit

Biggest great white shark ever recorded in Atlantic tracked off North Carolina coast
Biggest great white shark ever recorded in Atlantic tracked off North Carolina coast

New York Post

time12-06-2025

  • Science
  • New York Post

Biggest great white shark ever recorded in Atlantic tracked off North Carolina coast

The biggest great white shark ever recorded by researchers in the Atlantic is on the move – towards a popular US vacation hotspot. Contender, the 14-foot beast, was tagged in the North Atlantic by OCEARCH in January – a non-profit organization that conducts research on large marine animals – 45 miles off the Florida-Georgia coast, off Jacksonville. And after going off the radar for nearly a month – the tracker only transmits locating signal when the shark's dorsal fin is briefly exposed above the water's surface – last week it surfaced north, off Pamlico Sound in North Carolina. Advertisement 5 Contender, the great white shark, is tagged by researchers at OCEARCH in January 2025. OCEARCH / SWNS The beast appears to have made a dart for the north over the last few weeks. Measuring around 1,653 pounds, Contender is estimated to be around 30 years old. Advertisement This stopover is believed to be a critical feeding period, allowing him to build energy reserves, for what may be a journey of 1,000 miles or more. Dr. Harley Newton, OCEARCH's chief scientist and veterinarian, from Ponte Vedra, Florida, explained the behavior of the mammoth creatures. She said: 'This time of year white sharks are starting their late spring/early summer migration (May 16 to June 30) moving from their southern overwintering area to their summer/fall foraging areas in the northeastern US and Atlantic Canada.' 5 Measuring around 1,653 pounds, Contender is estimated to be around 30 years old. OCEARCH / SWNS Advertisement 5 The tracker only transmits locating signal when the shark's dorsal fin is briefly exposed above the water's surface. OCEARCH / SWNS The tagging involved carefully capturing Contender alongside the research vessel, collecting biological samples, and attaching a SPOT satellite tag to his dorsal fin. This tag transmits real-time GPS data whenever he surfaces, enabling researchers and the public to track his movements live via OCEARCH's global shark tracker. Dr Newton said: 'We often see the sharks on our global shark tracker spend a period of time off the Outer Banks right before they move north, which is what white shark Contender appears to be doing. Advertisement 5 The tagging involved carefully capturing Contender alongside the research vessel, collecting biological samples, and attaching a SPOT satellite tag to his dorsal fin. OCEARCH / SWNS 5 Data from Contender and other tagged sharks inform conservation efforts and help protect critical habitats. OCEARCH / SWNS 'This may be due to rich food resources in the region and would serve as a time to feed and prepare before what may be a journey of 1,000 miles or more.' Contender's migration is closely monitored to advance scientific research and promote shark conservation. Great white sharks play a vital role in marine ecosystems by regulating prey populations but face threats from overfishing, habitat loss, and climate change. Data from Contender and other tagged sharks inform conservation efforts and help protect critical habitats.

Spotify Stock Soars 124% in a Year: Time to Buy, Hold or Fold?
Spotify Stock Soars 124% in a Year: Time to Buy, Hold or Fold?

Globe and Mail

time11-06-2025

  • Business
  • Globe and Mail

Spotify Stock Soars 124% in a Year: Time to Buy, Hold or Fold?

Spotify Technology S.A. SPOT shares have surged 123.7% in a year, outperforming the 37.3% rally of its industry and the 13.2% rise in the Zacks S&P 500 Composite. It is noteworthy that the SPOT stock has outperformed its streaming rivals Apple AAPL and Amazon AMZN in the past year. Amazon has gained 16.2%, while Apple has declined 1.7% in the said period. 1-Year Price Performance The explosive rise experienced by Spotify must be highly appealing to investors. The question of whether one should buy the stock or stay away from it needs to be answered now. Let us analyze further to come to a conclusion. SPOT's Robust User Engagement Spotify's monthly active users (MAUs) in the first quarter of 2025 increased 10% year over year to 678 million. Premium subscribers witnessed 12% year-over-year growth in the said quarter. These metrics are a testament to the rising appeal of the company's platform among users globally. The main driver of this growth is the strategic focus that the company has given on emerging markets like Latin America and the Rest of World. The marketing strategies invoked by the company act well with new users in these high-potential regions, ensuring a continuous user influx. We believe that the company's aim to reach a billion users across the globe by 2030 is achievable, given the trend that its user engagement is following continues to do so. Hence, its ability to grab long-term growth opportunities via geographic diversification and its ability to gain a competitive edge over Apple and Amazon will be instrumental to its growth trajectory. Management is optimistic about user growth and anticipates the total MAUs to increase by 11 million in the second quarter of 2025. It expects to add 5 million users in premium subscribers in the same quarter. This positive outlook translates into strong user appeal and retention in the long haul, a vital trait required to tackle major industry players. Spotify's Promising Top & Bottom-Line Prospects The Zacks Consensus Estimate for SPOT's 2025 and 2026 revenues is pegged at $19.9 billion and $22.8 billion, implying 17.6% and 14.3% year-over-year growth, respectively. The consensus estimate for Spotify's 2025 and 2026 earnings per share stands at $9.94 and $13.95, suggesting 67.1% and 40.3% year-over-year increases, respectively. SPOT's Liquidity & Profitability Lag Industry Spotify's current ratio at the end of the first quarter of 2025 stood at 1.48, which might be appealing to investors. However, comparing it with the industry may present a different perspective. The industry average is 2.38, over 1.5 times higher than SPOT's current ratio. Compounding this concern, the metric has declined 21% from the preceding quarter. Investors may overlook the declining trend since the metric exceeds 1. However, if the downturn continues, it may hurt the company's liquidity position in the long run. Return on equity (ROE) is a profitability metric that assesses how effectively a company utilizes shareholders' equity to generate earnings. By the end of the first quarter of 2025, SPOT reported an ROE of 22.5%, falling behind the industry's 32.3%. In addition, investors may be worried about the decline in this metric by 310 basis points from the preceding quarter. Spotify Stock Looks Pricey SPOT is priced at 60.5 times forward 12-month earnings per share, which is higher than the industry's average of 39.7 times. Image Source: Zacks Investment Research When looking at the trailing 12-month EV-to-EBITDA ratio, Spotify is trading at 68.3 times, far exceeding the industry's average of 14.5 times. Metrics as such signal valuation concerns for investors, which can limit their willingness to invest in Spotify. Verdict: Hold Your SPOT for Now Spotify's user base expansion is instrumental to its success as it positions the company to gain a competitive edge over industry giants like Amazon and Apple. The company provides a strong top and bottom-line outlook, which favors its long-term growth objective. However, liquidity and profitability lag the industry, which may raise red flags. We recommend investors take a cautious approach and initiate a 'Hold' strategy on the grounds of a premium valuation. Increasing exposure is suggested after signs of lasting growth and a more attractive valuation appears. Spotify carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up 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 Inc. (AMZN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Spotify Technology (SPOT): Free Stock Analysis Report

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store