Tile Shop Holdings (NASDAQ:TTSH) Azioni

Tile Shop Holdings

Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile.

Tile Shop Holdings Inc

TotalEnergies SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) on Monday inked a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG to buy 2 million tonnes per annum (Mtpa) of liquefied <a target="_blank" href="https://www.benzinga.com/news" rel="noreferrer noopener">natural gas (LNG) for 20 years</a>.
Concurrently, TotalEnergies is acquiring a 5% stake in Western LNG, the developer, shareholder, and future operator <a target="_blank" href="https://totalenergies.com/news/press-releases/canada-totalenergies-signs-agreement-export-2-mtpa-lng-20-years-ksi-lisims-lng" rel="noreferrer noopener">of</a> the Ksi Lisims LNG project.
This acquisition also allows TotalEnergies to increase its stake in Western LNG and/or directly invest up to around 10% in the plant once the final investment decision is made.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/large-cap/25/04/44902787/chevron-totalenergies-fire-up-ballymore-deepwater-gulf-project-targeting-150-million-barrels-over-life" rel="noreferrer noopener">Chevron &amp; TotalEnergies Fire Up Ballymore: Deepwater Gulf Project Targeting 150 Million Barrels Over Life</a>
The Ksi Lisims LNG project, a planned 12 Mtpa LNG liquefaction facility, is located on Canada&#8217;s Pacific coast in British Columbia. It provides prime access to Asia, the largest LNG market.
Designed to be fully electrified and powered by hydroelectricity, Ksi Lisims LNG is expected to be one of the lowest CO2-emitting LNG projects globally.
Stéphane Michel, President of Gas, Renewables &amp; Power at TotalEnergies, said, &#8220;This purchase of LNG from the future Ksi Lisims LNG plant will allow us to diversify our LNG portfolio in North America and benefit from competitive LNG supply in Western Canada to better serve our Asian customers, with whom we are developing a significant portfolio of long-term supply contracts.&#8221;
Last week, the company disclosed that it has agreed with HitecVision, a Norwegian energy investment firm, to sell a 50% stake in&nbsp;Polska Grupa Biogazowa (PGB)&nbsp;for&nbsp;an&nbsp;enterprise value of <a target="_blank" href="https://www.benzinga.com/news/asset-sales/25/05/45414021/why-is-totalenergies-stock-trading-lower-on-wednesday" rel="noreferrer noopener">190 million euros ($213 million)</a>.
Investors can gain exposure to the stock via FT Energy Income Partners Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIPX#NYSE">EIPX</a>) and&nbsp;First Trust Exchange-Traded Fund VIII FT Energy Income Partners Enhanced Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EIPI#NYSE">EIPI</a>).
Price Action: TTE shares are trading lower by 0.03% to $59.37 premarket at last check Tuesday.
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Image by sdf_qwe via Shutterstock

Equities

Large Cap

News

EIPI

First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF

EIPX

TotalEnergies Bets On Ksi Lisims LNG, Acquires Developer Stake And Supply

China-based Pony AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) stock gained on Tuesday premarket after the company disclosed its <a href="https://www.benzinga.com/pressreleases/25/05/g45512651/pony-ai-inc-announces-unaudited-first-quarter-2025-financial-results" target="_blank" rel="noreferrer noopener">first-quarter results</a>.
Sales&nbsp;grew 11.6% year-over-year to $13.98 million (101.6 million Chinese yuan), mainly driven by rapid growth in Robotaxi services revenues. The analyst consensus estimate for sales was 90.11 million Chinese yuan.
Robotaxi services&nbsp;revenue climbed 200.3% Y/Y to $1.7 million in the quarter, primarily attributable to expanding its public-facing fare-charging operations in Tier-one cities in China and refined operational strategies for diverse user groups.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45416148/pony-ai-shares-rise-after-report-of-confidential-hong-kong-ipo-to-fund-robotaxi-expansion" rel="noreferrer noopener">Pony AI Files for Hong Kong IPO to Fund Robotaxi Expansion Amid Fire Incident in Beijing</a>
Meanwhile, Robotruck services&nbsp;revenue surged 4.2% Y/Y to $7.8 million, mainly due to contributions from new clients.
Gross profit&nbsp;fell 11.8% Y/Y to $2.3 million, with a margin contraction of 440 bps to 16.6%, mainly due to changes in the revenue mix with increased ADC sales for new robot delivery clients in the first quarter.
The company reported a loss of 10 cents (or 0.73 Chinese yuan) per share, compared to a loss of 28&nbsp;cents in the prior year&#8217;s quarter. The <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus loss estimate</a> was 0.07 Chinese yuan.
As of March 31, 2025, cash and cash equivalents, short-term investments, and restricted cash&nbsp;stood at $738.5 million.
Co-founder and Chief Executive Officer Dr. James Peng said the unveiling of the seventh-generation autonomous driving system (Gen 7) enabled it to reduce bill-of-materials (BOM) costs by 70% and made it confident about expanding the fleet to 1,000 vehicles by year-end.
Co-founder and Chief Technology Officer Dr. Tiancheng Lou said its Gen 7 Robotaxis accomplished full-scenario L4 autonomous driving on automotive-grade chips. It remains on track to scale mass production and deployment in 2025.
Price Action: PONY shares are trading higher by 17.6% to $19.90 premarket at last check Tuesday.
Read Next:
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</ul>
Image by Tada Images via Shutterstock

Asia

Earnings

Movers

Tech

PONY

China's Pony AI Robotaxi Revenue Jumps 200%, Eyes 1,000-Vehicle Fleet

JP Morgan analyst Eric Joseph downgrades Prime Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRME#NASDAQ">PRME</a>) from Overweight to Neutral.

Downgrades

Analyst Ratings

PRME

JP Morgan Downgrades Prime Medicine to Neutral

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Arrowhead Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARWR#NASDAQ">ARWR</a>) with a Buy and maintains $80 price target.

Price Target

Reiteration

ARWR

HC Wainwright & Co. Reiterates Buy on Arrowhead Pharma, Maintains $80 Price Target

HSDT

Helius Medical Says It Will Present New Study Results On PoNS Device For MS Patients At 2025 CMSC Annual Meeting In Phoenix

General

ARAI

Arrive AI Partners With Go2 DeliveryTo Autonomously Delivery Pharmacy Products

ASPI: 17% &#x7C; <a href="https://www.benzinga.com//node/45506339">ASP Isotopes shares are trading higher after the company announced it has entered into a loan and supply agreement with TerraPower to support construction of new HALEU uranium enrichment facility in South Africa.</a>
&nbsp;
HD: 3% &#x7C; <a href="https://www.benzinga.com//node/45513217">Home Depot Q1 Adj. EPS $3.56 Misses $3.60 Estimate, Sales $39.86B Beat $39.33B Estimate</a>
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EYEN: 108% &#x7C; <a href="https://www.benzinga.com//node/45507739">Eyenovia shares are trading higher after the company provided an update on its merger with Betaliq. The company also reported better-than-expected Q1 EPS results.</a>

Trading Ideas

ASPI

EYEN

Market-Moving News for May 20th

NANO Nuclear Launches $500K Irradiation Testing Program With MIT To Study Molten Salts For Advanced Nuclear Energy Systems

TRAK

ReposiTrak Adds 40 Seafood Suppliers To Its Food Traceability Network Ahead Of Regulatory Deadlines With Hardware-Free Solutions

Spain&#8217;s Consumer Rights Ministry has instructed Airbnb Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) to remove over 65,000 listings from its platform. The government cites these listings as contributing to the country&#8217;s ongoing housing crisis due to violations of existing regulations.
What Happened: A majority of the Airbnb listings targeted for removal either do not possess a license number or fail to clarify if the property owner is an individual or a corporation. This decision was announced by the Consumer Rights Ministry on Monday, reported Reuters.
Pablo Bustinduy, Consumer Rights Minister, is determined to address the &#8220;lack of control&#8221; and &#8220;illegality&#8221; in the holiday rental industry. He declared, &#8220;No more excuses. Enough with protecting those who make a business out of the right to housing in our country.&#8221;
Airbnb has expressed its intention to challenge the decision, arguing that the ministry has no jurisdiction over short-term rentals and has not provided a list of non-compliant accommodations based on evidence. An Airbnb spokesperson stated that some of the listings under scrutiny are non-touristic seasonal ones.
The crackdown is part of a larger effort to regulate tourism rentals through platforms like Airbnb and Booking.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>). These platforms are often criticized for encouraging excessive tourism, reducing the availability of housing and making rentals unaffordable for many locals.
SEE ALSO: <a href="https://benzinga.com/news/management/25/05/45486759/dairy-queen-ceo-reveals-warren-buffetts-shocking-first-move-in-job-interview-ill-never-forget-the" target="_blank" rel="noreferrer noopener">Dairy Queen CEO Reveals Warren Buffett&#8217;s Shocking First Move in Job Interview: &#8216;I&#8217;ll Never Forget The Day&#8230;&#8217;</a>
Why It Matters: This development comes at a time when Airbnb has been expanding its platform. Earlier this month, the company announced a major platform expansion, introducing Airbnb Services and Airbnb Experiences and a redesigned app that integrates bookings for homes, services and activities in a single interface. The updates aim to expand Airbnb&#8217;s business <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45415824/whats-going-on-with-airbnb-stock-today">beyond </a>lodging.
Furthermore, Cathie Wood-led Ark Invest recently made a significant <a href="https://www.benzinga.com/25/05/45426626/cathie-woods-wednesday-wisdom-bets-on-airbnbs-platform-expansion-dumps-palantir-at-peak">purchase </a>of Airbnb stocks reflecting Ark&#8217;s confidence in the growth trajectory of the company. Notably, Airbnb&#8217;s first-quarter revenue increased 6% year-over-year to $2.27 billion, <a href="https://www.benzinga.com/general/travel/25/05/45154143/airbnb-narrowly-beats-q1-earnings-revenue-estimates-says-business-model-can-adapt-to-consumer-unce">beating </a>analyst estimates of $2.26 billion, indicating a strong financial performance despite the ongoing pandemic.
The Spanish government&#8217;s decision could potentially impact Airbnb&#8217;s expansion plans and financial performance considering that the country is a significant tourism destination in the world. According to Caixa Bank research, the country saw an inflow of 94 million foreign tourists in 2024. 
According to Benzinga Edge Stock Rankings, Airbnb has a growth score of 80.87% and a momentum score of 48.27%. Click <a href="https://www.benzinga.com/quote/ABNB">here </a>to see how it compares to other leading tech companies.
On Monday, Airbnb stock fell 1.01% to close at $136.60. Over the past one month, the stock surged 22.39%. 
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

ABNB

BKNG

Spain Cracks Down On Airbnb, Asks To Remove Over 65,000 Listings Amid Housing Crisis: 'No More Excuses. Enough With Protecting Those...'

Jefferies analyst Omar Nokta maintains ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) with a Hold and raises the price target from $16 to $17.

Jefferies Maintains Hold on ZIM Integrated Shipping, Raises Price Target to $17

ATAI

Atai Life Sciences Announces Topline Data From Part 2 Of Beckley Psytech's Phase 2a Study Of BPL-003 In Combination With SSRIs For Treatment-Resistant Depression

Partnership combines Mobilicom's groundbreaking OS3 cybersecurity software with ARK's made-in-the-USA, BLUE UAS listed, NDAA compliant, NVIDIA AI-driven hardware
ARK joins Mobilicom's booth at XPONENTIAL 2025, a gathering of global leaders and end users in the uncrewed systems and robotics industry, to feature the companies' upcoming joint products&nbsp;
First product expected to launch H2 2025
Palo Alto, CA and Salt Lake City, Utah, May 20, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=3BNVYHJu7MhubC3yl1y2Vw9zGHz0611_5cxV9rt_6j2JILQfo_XJD1_xZ6nnVmvzZMHBE-2wV8BXj35b0eEa4Q==">Mobilicom</a> Limited (NASDAQ:<a href="https://www.benzinga.com/stock/MOB#NASDAQ">MOB</a>), a provider of cybersecurity and robust solutions for drones and robotics, and <a href="https://www.globenewswire.com/Tracker?data=2xRLJwSxSKl6UACmxdYO7lslxraa0YqFrsnxa2_MhfOPnp7uJhw0WnfKrC3LxZHODFtgvqWXx1c1vnOY7SDqPSlpeow3Aw_6o2OCKwxXMuY=">ARK Electronics</a>, a provider of cutting-edge made-in-the-USA technologies for drones, today announced a strategic partnership to jointly develop and offer mass-market, affordable cybersecure solutions for mini and small-sized drones and robotics&nbsp;platforms. The first product under this partnership is expected to launch in the second half of 2025. Mini and small sized drones play a vital role in both commercial and defense markets, representing a <a href="https://www.globenewswire.com/Tracker?data=ehiYBUdkbWEiKvbTtQQ4UUb2pYdAKjy1jF1geAXe43NIb2nr5AyFo38qmMm4-Bjo-PuiLLGzdAHNU5bJhDS9Px6XAD0ZPEwscCpc1uB0mLlMXgunKCm8ZVOXZ1oHdXSoLSJw46-XJUegTUWhF_Z7LQpaHmCcpLTDVOGBwIBDTfM=">$5.8 billion</a> market in 2023, projected to grow at a CAGR of 8.6% to $10.4 billion by 2030.

Mobilicom And ARK Electronics To Jointly Develop, Offer Mass-Market, Affordable Cybersecure Solutions For Mini, Small-Sized Drones And Robotics Platform; Expects To Launch First Product In H2 2025

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates CytomX Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTMX#NASDAQ">CTMX</a>) with a Buy and maintains $5 price target.

CTMX

HC Wainwright & Co. Reiterates Buy on CytomX Therapeutics, Maintains $5 Price Target

KVC Behavioral Healthcare Kentucky And Valvoline Partner To Expand Suicide Prevention Efforts Across The Commonwealth Of Kentucky

Rockwell Automation Launches EtherNet/IP In-cabinet Solution to Help Manufacturers Build Smarter, More Efficient Panels

Jefferies analyst Omar Nokta maintains Safe Bulkers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) with a Buy and maintains $5 price target.

Jefferies Maintains Buy on Safe Bulkers, Maintains $5 Price Target

PLUG

Plug Power Says GenEco Electrolyzers Go Live At The Green Box In Netherlands Showcasing Real-World Performance For European Customers

ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PUMP#NYSE">PUMP</a>) is pleased to announce that its PROPWR℠ division has secured its inaugural contract under which it will commit 80 megawatts of power generation capacity. This 10-year agreement represents a significant milestone for PROPWR, marking its first customer commitment and aligning with the Company's mission to "Rethink The Grid."
Executed in collaboration with a Permian-focused E&amp;P operator, the project involves PROPWR committing capacity of 80 megawatts, with asset deployment scheduled to begin in the third quarter of this year and continuing through 2026. PROPWR will deliver turnkey power to a distributed microgrid installation, utilizing in-field gas where utility power is unavailable to support production operations. This solution combines natural gas reciprocating engines and gas turbine generation to provide reliable power services under the contract. The comprehensive scope of service includes assets, onsite operations, maintenance, monitoring, an availability guarantee, and take-or-pay obligations for the customer supporting PROPWR's capacity commitment. This agreement not only underscores PROPWR's commitment to innovation and growth but also lays the groundwork for future expansion, with customer options to substantially increase PROPWR's committed capacity over time.
The Company is actively pursuing additional opportunities, and is engaged in negotiations for additional contracts that extend beyond today's announcement. As highlighted during the Company's first-quarter earnings call, PROPWR has already agreed to terms with one additional customer through a letter of intent and is working to finalize the associated contract. The Company anticipates sharing more exciting contract announcements in the near future.

PUMP

ProPetro Holding's PROPWR Division Secures 10-Yr Contract For 80 Megawatts Of Power Generation Capacity

ASP Isotopes Enters Agreement Relating To Potential Acquisition Of Renergen Limited, With Goal Of Combined Group Expected To Be Accretive To 2026 Adj. EPS And Generate Over $300M EBITDA In 2030; Says Transaction 'has received irrevocable support from over 35% of Renergen shareholders and is expected to close during the third quarter of 2025 ahead of the planned QLE spin out.'

Press Releases

The Tile Shop and Morris & Co. Expand Collaboration With Exclusive New Tile Designs

The Tile Shop Announces New Additions to Exclusive Annie Selke Tile Collaboration

The Tile Shop to Host Third Quarter 2024 Earnings Conference Call

The Tile Shop Reports Third Quarter 2024 Results

Bring Home 2025's Cottage Chic Trend With The Tile Shop's Newest Collaboration With Laura Ashley

The Tile Shop to Host Fourth Quarter 2024 Earnings Conference Call

The Tile Shop Reports Fourth Quarter and Full-Year 2024 Results

The Tile Shop Expands Collaboration With HGTV's Alison Victoria, Bringing "City Chic" Style Off the Screen and Into Homes Everywhere

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Tile Shop Holdings

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