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"Going To Rock A Lot Of Things": Pentair Crashes After Guidance Cut And CFO Exit As Pool Boom Fades
"Going To Rock A Lot Of Things": Pentair Crashes After Guidance Cut And CFO Exit As Pool Boom Fades
Pentair shares crashed in early U.S. cash trading after the swimming pool equipment and water treatment systems company slashed its 2026 outlook. Preliminary second-quarter results also missed estimates, while the sudden departure of its CFO raises questions about the company's trajectory and whether the Covid-era pool boom has finally run its course.
Pentair now expects full-year adjusted earnings of $4.60 to $4.80 per share, down from prior estimates of $5.30 to $5.40,...
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Mar 26, 2026 / Tyler Durden
The One Market Where Meta's New AI Glasses Can't Be Sold
The One Market Where Meta's New AI Glasses Can't Be Sold
Meta Platforms' new AI Ray-Ban smart glasses with a built-in display are facing three major roadblocks in the European Union, where battery rules, AI regulations, and supply constraints have derailed plans to roll out the glasses across the continent.
Bloomberg spoke with people familiar with the new AI glasses, an upgrade over the previous model, which lacked built-in optics, and warned that Meta is attempting to launch the glasses in the EU, but its manufacturing partner, EssilorLuxottica SA, will...
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Jun 24, 2026 / Jason Ditz
Three Killed, Including Child, as Israel Continues to Attack Southern Lebanon
Though reports continue to insist the Israel-Lebanon ceasefire is holding, Israel continues to carry out multiple attacks across southern and eastern Lebanon, killing at least three more people today, including a child. The child was killed in Baraachit when an airstrike hit a vehicle there. The civilians in the vehicles largely survived, but one child […]
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Sep 30, 2026 / Kyle Anzalone
Trump Downplays North Korean Nuclear Weapons, Says Kim Likes and Respects Him
President Donald Trump downplayed the nuclear risk from North Korea in comments comparing the North Korean and Iranian nuclear programs. The President was asked by a reporter on Tuesday, “You have said that Iran cannot have a nuclear weapon. Why not… North Korea can have nuclear weapon?” “He happens to be a friend of mine, […]
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