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Confirmed and suspected supermarket cyberattacks in Europe with significant refrigerated-food losses reported
Confirmed refrigeration cyberattacks: Sweden, Belgium, Ireland, Luxembourg, Estonia, Netherlands, Finland, Portugal, Germany, Italy, Poland, Iceland, and the UK.
Suspected: Romania, Greece. Attempts: Latvia, Switzerland.
AI costs are starting to show up in Shopify's margins. In Q3, subscription revenue rose 20%, while the cost to run those subscriptions rose 37%. The stock is down 10% today.
That pushed the subscription margin down for a 4th straight quarter, to 79.1%. Subscriptions are 22% of Shopify's revenue, but more than a third of its gross profit.
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Trading: TTF Natural Gas Hits 103, Gaining Nearly 5% on Tight Supply
The European gas benchmark extends its rally into critical pre-winter delivery periods as structural storage deficits materialize.
Gnosly Live Signals | AI is getting cheaper
At a given level of performance, cost has fallen ~47%/quarter since 2023.