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Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors
Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors
Wayfair CFO Kate Gulliver appeared at JPMorgan's conference Monday morning in a discussion with the bank's retail analyst, Christopher Horvers.
What caught our attention in the 35-minute conversation, which ranged from the online home-goods retailer's financial position to broader consumer trends, was Gulliver's outlook on home goods and housing markets.
A more active housing market typically drives demand for big-ticket home purchases such as sofas, tables, and other furnishings sold on Wayfair's online platform.
However, her forecast for the remainder...
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Mar 7, 2026 / Tyler Durden
Israeli Finance Minister's Son Wounded In Hezbollah Rocket Attack
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Via The Cradle
At least eight Israeli soldiers were injured by Hezbollah rockets near the border with southern Lebanon on Friday, including the son of Finance Minister Bezalel Smotrich, according to Israeli media. The Lebanese resistance targeted Israeli troop gatherings on Friday. A rocket struck a group of soldiers, wounding eight, five of whom are in serious condition, according to Israel’s military.
The Givati Brigade soldiers were transported to the hospital for treatment. Smotrich’s office released a statement saying his son was among the wounded...
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Mar 3, 2026 / Tyler Durden
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OpenAI - which millions of users trust with everything from legal documents to tax returns - is revising its newly signed contract with the US Department of War, just days after it was announced that they would replace Anthropic for use in government systems because the rushed rollout "looked opportunistic and sloppy."
Hours after negotiations collapsed between the Pentagon and rival startup Anthropic on Friday, the San Francisco-based company agreed to supply its AI models for use in classified military operations. The...
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Mar 30, 2026 / Tyler Durden
China's Breakthrough Lithium Battery Could Double EV Range To 600+ Miles, Survive -94°F Temp
China's Breakthrough Lithium Battery Could Double EV Range To 600+ Miles, Survive -94°F Temp
Authored by Bojan Stojkovski via Interesting Engineering,
A team of researchers in China has unveiled an all-weather electrolyte designed to boost the performance of lithium batteries across a wide range of conditions. Scientists based in Shanghai and Tianjin report that batteries built with the new hydrofluorocarbon-based electrolyte delivered more than twice the energy density of conventional designs when tested at room temperature.
Fluorine-based electrolyte could improve EV and drone battery efficiency.
Beyond efficiency gains, the team says the chemistry...
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