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Signify NV is a lighting solutions provider based in the Netherlands. Its product portfolio includes luminaires, lamps, LED lamps, LED tubes, and decorative lighting. The company operates through three segments, with the Digital Solutions segment being the largest. Signify generates most of its revenues from this segment and operates mainly in Europe, the Americas, and other international markets.

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Telefonica FY 2024 GAAP EPS €0.36 Beats €0.30 Estimate

Billionaire entrepreneur Mark Cuban has stated he will support Elon Musk — on one condition: that the Tesla Inc. CEO endorses Rep. Ro Khanna's (D-Calif.) new "Drain the Swamp" Act, which aims to curb lobbying by former White House officials.
What Happened: On Wednesday, Khanna introduced the Drain the Swamp Act, a bill that would ban White House officials from accepting gifts from lobbyists and prevent them from becoming lobbyists during Donald Trump's presidency.
&#8220;President Trump campaigned around the country to drain the swamp, yet one of the first things he did was reverse President Biden&#8217;s executive order that banned White House officials from accepting gifts from lobbyists," Khanna said.
See Also: <a href="https://in.benzinga.com/news/25/02/43974696/mark-cuban-surprisingly-loves-the-trump-administrations-push-for-ukrainian-rare-minerals-heres-why-he-thinks-its-good-for-both-sides">Mark Cuban Surprisingly &#8216;Loves&#8217; The Trump Administration&#8217;s Push For Ukrainian Rare Minerals—Here&#8217;s Why He Thinks It&#8217;s Good For Both Sides</a>
"So today I am introducing the Drain The Swamp Act … I believe that this bill will have support not just from progressives, not just from independents, but from the MAGA movement."
Cuban praised the move, calling it "so smart." He took to X, formerly Twitter, and said, "Great job @RoKhanna. Only change I would make is that it not be specific to this term. It should be permanent."
When a user on X asked, "Wait, you&#8217;re on Elon's side now?" Cuban responded: "If @elonmusk comes out and says he is for the Drain the Swamp Bill, I'm on Elon's side."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> comes out and says he is for the Drain the Swamp Bill, I&#39;m on Elon&#39;s side <a href="https://t.co/eiz4XOjasX">https://t.co/eiz4XOjasX</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1894912768190619951?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It's Important: Cuban and Musk have had <a href="https://www.benzinga.com/personal-finance/25/02/43873235/not-a-lot-of-people-are-going-to-stand-up-to-him-i-dont-care-says-billionaire-mark-cuban-on-why-hes-not-afraid-to-call-out-elon-musk">their share of disagreements</a>. He once recalled Musk texting him just, &#8220;F&#x2A;&#x2A;k you,&#8221; after Cuban criticized Tesla.
Despite their clashes, Cuban recognizes Musk&#8217;s achievements. &#8220;You have to give him credit. SpaceX, Starlink, Tesla—he&#8217;s the entrepreneur of our generation.&#8221; Still, Cuban believes Musk&#8217;s sensitivity makes him an easy target.
Cuban has also criticized <a href="https://www.benzinga.com/markets/25/02/43554357/mark-cuban-calls-out-elon-musks-growing-influence-under-trump-on-a-mission-to-make-himself-above-and-beyond-the-president-of-the-united-states">Musk&#8217;s growing political ties</a>, especially his closeness to Trump. He has warned this could alienate Tesla's core audience of eco-conscious buyers.
&#8220;Anyone consider that maybe Elon's mission, is for Elon to get what he wants, rather than the country to get what you voted for,&#8221; Cuban stated at the time.
Read Next:
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<li><a href="https://in.benzinga.com/25/02/43932776/mark-cuban-slams-fd-up-healthcare-system-blames-insurance-designed-deductibles-for-patient-bankruptcy">Mark Cuban Calls Deductibles &#8216;The Biggest Problem&#8217; in Healthcare: &#8216;System…Needs To Be Redesigned&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Government

Politics

Mark Cuban Offers Support To Elon Musk—But Only If Tesla CEO Backs Ro Khanna's Anti-Lobbying Bill

Telefónica has presented today its new financial guidance for 2025. The company forecasts year-on-year organic growth in revenue, EBITDA, and EBITDAaL-CapEx, and also sets a target for CapEx over sales below 12.5%, FCF similar to 2024 and leverage reduction. In addition, the company confirms a cash dividend of 0.30 euros per share for 2025, payable in two tranches, the first in December 2025 (0.15 euros) and the second in June 2026 (0.15 euros).

Guidance

Dividends

Telefónica Projects Revenue and EBITDA Growth in 2025, Sets CapEx and Free Cash Flow Targets, Confirms 2025 Dividend Plan

Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) unveiled its plans to aim beyond customer relationship management (CRM), addressing the trillion-dollar potential in the &#8220;digital labor revolution,&#8221; during its earnings call. The company however reported a mixed quarter, missing sales expectations.
What Happened: The &#8220;digital labor revolution&#8221; as referred to by Salesforce CEO, Marc Russell Benioff during the company&#8217;s earnings call is a transformative shift in the way work is done, driven by the rise of AI-powered digital workers or agents.
&#8220;This looks like it&#8217;s anywhere from a few trillion to 12 trillion,&#8221; said Benioff.
Highlighting this revolution as &#8220;much bigger than software,&#8221; the CEO added that he thinks building software that deploys digital workers is &#8220;more exciting&#8221;. Benioff also said that the company plans to integrate this with its &#8220;deeply unified platform&#8221;.
COO Brian Millham reiterated the CEO&#8217;s point and said, &#8220;With our deeply unified platform seamlessly integrating our Customer 360 apps, Data Cloud, and Agentforce, we&#8217;re leading the digital labor revolution.&#8221;
&#8220;When you&#8217;re the No. 1 AI CRM, you&#8217;re also going to lead the digital labor revolution,&#8221; added Benioff.
See Also: <a href="https://www.benzinga.com/25/02/43999325/snowflake-doubles-down-on-ai-expands-openai-partnership-microsoft-365-teams-to-have-new-cortex-agents">Snowflake Expands Microsoft, OpenAI Partnership: Will Include Other Prominent Models Like Anthropic&#8217;s Claude, Meta&#8217;s Llama, And DeepSeek</a>
Why It Matters: Salesforce exceeded earnings <a href="https://www.benzinga.com/news/earnings/25/02/43991325/salesforce-shares-sink-after-q4-revenues-miss-estimates-weak-fy26-guidance-details">expectations</a> but fell slightly short on revenue in its latest quarterly results. The company reported earnings of $2.78 per share, beating analyst estimates of $2.61. However, revenue reached $9.99 billion, just missing the $10.03 billion consensus forecast. Despite the slight miss, revenue still grew year-over-year, up from $9.287 billion in the same period last year. 
The company tempered expectations for fiscal year 2026 with a cautious first-quarter forecast. The company anticipates adjusted earnings per share to fall between $2.53 and $2.55, below analyst predictions of $2.61. Revenue is projected to be in the range of $9.71 billion to $9.76 billion, also lower than the $9.9 billion consensus estimate.
Price Action: CRM rose 0.47% on Wednesday and fell 5.48% in after-hours, this outpaced the 0.05% rise in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index.
The stock remains 7.06% lower on a year-to-date basis and up 2.61% over a year.
<a href="https://www.benzinga.com/quote/CRM/analyst-ratings">Benzinga tracks 35 analysts</a> with an average price target of $378.03 for the stock, reflecting a &#8220;buy&#8221; rating. Estimates range widely from $236 to $450. Recent ratings from Citigroup, Citizens Capital Markets, and BMO Capital average $391.67, suggesting a potential 34.83% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/CRM/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="384" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27034829/CRM-ANR-1024x384.png" alt="" class="wp-image-801062" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27034829/CRM-ANR-1024x384.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27034829/CRM-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27034829/CRM-ANR-768x288.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27034829/CRM-ANR.png 1063w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/02/43998226/jensen-huangs-nvidia-fuels-ai-factory-boom-revenue-growth-in-data-center-business-dominate">Jensen Huang&#8217;s Nvidia Fuels &#8216;AI Factory&#8217; Boom: Revenue Growth In Data Center Business Dominates Peers With A Staggering 3460% Growth Over 5 Years</a></li>
</ul>
Photo courtesy: Shutterstock

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Analyst Ratings

Salesforce Looks Beyond CRM, Bets Big On 'Digital Labor Revolution:' CEO Marc Benioff Predicts A $12 Trillion Market, Says It Is 'Much Bigger Than Software'

Telefonica FY Sales  €41.315B Beat  €40.916B Estimate

Eni Q4 EPS €0.07 Up From €0.05 YoY, Sales €23.972B Down From €24.976B YoY

Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) unveiled its deeper partnership with Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) during its earnings call after reporting <a href="https://www.benzinga.com/news/earnings/25/02/43991826/snowflake-beats-q4-estimates-expands-microsoft-partnership-to-include-openai-models">better-than-expected</a> fourth-quarter results. The data cloud company introduced its new artificial intelligence agent Cortex for enhanced productivity and data access.
What Happened: The company announced that it has expanded its partnership with Microsoft, which brings OpenAI&#8217;s models into Cortex.
Cortex Agents are a new class of AI agents from Snowflake that can perform a variety of business tasks using structured and unstructured data. Cortex is also powered by other large language models.
&#8220;We are supporting a range of market-leading models, including Anthropic&#8217;s Claude, Meta Llama, and DeepSeek,&#8221; said CEO Sridhar Ramaswamy.
The CEO also added, &#8220;We are making Cortex Agents available in Microsoft 365 CoPilot and Microsoft Teams, bringing millions of users, seamless access to information, and accelerated productivity, all within the Microsoft platform.&#8221;
During the earnings call, Ramaswamy highlighted how AstraZeneca PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) is using Snowflake&#8217;s AI and machine learning technology to, accelerate drug discovery and development, aiming for 20 new medicines by 2030.
He also explained that State Street Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) leverages Snowflake AI to uncover market insights for better investment decisions.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/02/43998226/jensen-huangs-nvidia-fuels-ai-factory-boom-revenue-growth-in-data-center-business-dominates-peers-with-a-staggering-3460-growth-over-5-years">Jensen Huang&#8217;s Nvidia Fuels &#8216;AI Factory&#8217; Boom: Revenue Growth In Data Center Business Dominates Peers With A Staggering 3460% Growth Over 5 Years</a>
Why It Matters: Snowflake beat analyst expectations in its latest quarterly results. Earnings per share came in at 30 cents, significantly exceeding the 17 cents per share predicted by analysts. Revenue also soared to $986.77 million, surpassing the anticipated $955.93 million and marking a substantial jump from $774.7 million in the same period last year.
Despite the strong performance, Snowflake&#8217;s future projections fell short of analyst expectations. The company anticipates first-quarter revenue between $955 million and $960 million, lower than the $1 billion estimate. For fiscal 2026, Snowflake projects revenue of $4.28 billion, missing the $4.41 billion estimate.
Price Action: SNOW rose 1.21% on Wednesday and jumped 9.06% in after-hours, this outpaced the 0.05% rise in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index.
The stock remains 5.51% higher on a year-to-date basis and down 28.99% over a year.
<a href="https://www.benzinga.com/quote/SNOW/analyst-ratings">Benzinga tracks 38 analysts</a> with an average price target of $193.42 for the stock, reflecting a &#8220;buy&#8221; rating. Estimates range widely from $121 to $235. Recent ratings from Rosenblatt, Citigroup, and Canaccord Genuity average $218.33, suggesting a potential 20.46% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/SNOW/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="381" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27025756/SNOW-ANR-1024x381.png" alt="" class="wp-image-800957" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27025756/SNOW-ANR-1024x381.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27025756/SNOW-ANR-300x112.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27025756/SNOW-ANR-768x286.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/27025756/SNOW-ANR.png 1059w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/02/43969651/billionaire-ray-dalio-says-ai-risks-totalitarian-control-or-anarchy-as-it-could-reshape-world-in-next-5-years-here-is-a-list-of-ai-linked-etfs-for-investors-to-consider">Billionaire Ray Dalio Says AI Risks &#8216;Totalitarian Control Or Anarchy&#8217; As It Could Reshape World In Next 5 Years: Here Are AI-Linked ETFs For Investors To Consider</a></li>
</ul>
Photo courtesy: Shutterstock

MSFT

SNOW

Snowflake Expands Microsoft, OpenAI Partnership: Will Include Other Prominent Models Like Anthropic's Claude, Meta's Llama, And DeepSeek

Elon Musk&#8217;s rocket manufacturing company SpaceX said on Thursday that its Starship launch vehicle is now slated to launch as soon as Monday. The rocket was <a href="https://www.benzinga.com/general/space/25/02/43934345/starship-yet-to-get-regulatory-clearance-for-upcoming-flight-but-elon-musks-spacex-hopeful-for-friday-launch">previously set to launch</a> on Friday.
What Happened: The company announced the delay in the timeline in a post on social media platform X, without providing a reason. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Now targeting to launch Starship&#39;s eighth flight test as soon as Monday, March 3 → <a href="https://t.co/alyJTRtOIP">https://t.co/alyJTRtOIP</a> <a href="https://t.co/nVu5uHMGwi">https://t.co/nVu5uHMGwi</a>
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1894979625123799116?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: For the upcoming test flight, SpaceX is eyeing Starship's first payload deployment and experiments aimed at returning the upper stage of the two-stage vehicle to the launch site for catch. The company will also attempt to return and catch the vehicle's Super Heavy booster, failing which it will have a soft splashdown in the Gulf of America.
SpaceX will attempt to deploy four Starlink simulators on its next flight, similar in size to the next generation of Starlink satellites.
SpaceX last launched Starship on Jan. 16.&nbsp;The spacecraft lifted off from Starbase in Texas at 4:37 p.m. CT, and the vehicle booster landed back at the launch site after separation from its first stage.
The spacecraft, however,&nbsp;<a href="https://www.benzinga.com/25/01/43046722/starship-explodes-during-flight-test-elon-musk-says-success-is-uncertain-but-entertainment-is-guaranteed" target="_blank" rel="noreferrer noopener">disintegrated in space during the flight test owing to a propellant leak.</a>&nbsp;The FAA subsequently ordered an investigation into the incident following reports of public property damage in Turks and Caicos. The company is working with the FAA to either close the mishap investigation or get a green light for its next Starship flight, it said on Monday. 
The upcoming test flight would be Starship's eighth to date and second this year. SpaceX started testing Starship in April 2023.
The Starship vehicle is part of big dreams. While NASA is looking forward to landing humans back on the surface of the Moon after a gap of over 50 years with the help of a&nbsp;<a href="https://www.benzinga.com/24/11/42108681/spacex-shows-off-conceptual-version-of-starship-which-will-help-humans-land-back-on-moon-in-over-50-yrs" target="_blank" rel="noreferrer noopener">custom version of Starship</a>, Musk is dreaming of taking&nbsp;<a href="https://www.benzinga.com/news/24/09/40770222/elon-musk-sets-2026-for-starships-first-uncrewed-mars-mission-targeting-successful-landing" target="_blank" rel="noreferrer noopener">humans to the planet Mars</a>&nbsp;aboard Starship. However, the vehicle is currently in the testing and development phase.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/tech/25/02/43967170/lucids-interim-ceo-clarifies-on-peter-rawlinsons-earlier-statement-doesnt-mean-we-are-deprioritizing-our-automotive-car-business" target="_blank" rel="noreferrer noopener">Lucid's Interim CEO Clarifies On Peter Rawlinson's Earlier Statement: ‘Doesn't Mean We Are Deprioritizing Our Automotive Car Business'</a></li>
</ul>
Photo courtesy: SpaceX

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