The company will match federal contributions for eligible U.S. employees’ children, strengthening financial access for families.
NEW YORK, Dec. 11, 2025 /PRNewswire/ — BNY (NYSE: BK) today announced its participation in the U.S. government’s investment initiative for children, continuing the company’s long history of expanding financial access and opportunity for employees and their families. As one of the first financial services companies to join the program, BNY will match the federal government’s $1,000 contribution for eligible newborns of its eligible U.S. employees, doubling the investment in each child’s future.
BNY’s participation builds on its broader efforts to strengthen employees’ financial opportunity, including BK Shares equity grants, new student loan matching, enhanced 401(k) features and expanded support for saving and investing at every career stage.
“For more than two centuries, BNY has supported our nation’s financial ecosystem and the people who power it, including our own employees. This initiative advances that mission in a meaningful way,” said Robin Vince, Chief Executive Officer, BNY. “By matching the government’s contribution, we’re helping our employees give their children a head start toward a stronger financial future.”
The children’s savings account program, passed by Congress and signed into law by President Trump in the One Big Beautiful Bill Act, and provides for a $1,000 pilot contribution from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. between 2025 and 2028.
BNY’s match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from day one.
“We want every family to have the chance to build a strong foundation,” said Shannon Hobbs, Chief People Officer, BNY. “BNY is proud to match the government’s investment in these children’s futures for our eligible employees. This benefit reinforces our dedication to helping our colleagues and their families access financial opportunities from the very beginning.”
About BNY
BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
Perficient’s AI-First Methodology Drives Measurable Client Outcomes in Experience Design, Build, and Strategy
SAINT LOUIS (December 11, 2025) – Perficient, a global consultancy transforming the world’s most innovative companies through AI-first solutions, today announced that it has been named a Major Player in three IDC MarketScape reports: IDC MarketScape Worldwide Experience Design Services 2025 Vendor Assessment (Doc #US52973225, October 2025), IDC MarketScape Worldwide Experience Build Services 2025 Vendor Assessment (Doc #US52973125, October 2025), and IDC MarketScape Worldwide Customer Experience Strategy Consulting Services 2025 Vendor Assessment (Doc #US52973025, September 2025).
As customer expectations reach unprecedented levels, organizations face mounting pressure to deliver AI-powered experiences that are both personalized and scalable. Perficient is disrupting the technology services category, and the firm believes its inclusion in these IDC MarketScape reports underscores the strength of its strategy, progress, and delivery of solutions that help transform businesses.
“Our clients value Perficient’s AI-first approach because it transforms customer experiences and delivers measurable business results,” said Erin Rushman, general manager of digital marketing and experience design operations, Perficient. “We believe being recognized by IDC for Experience Design and Experience Build reinforces the impact we have on behalf of clients creating personalized, seamless interactions that accelerate growth. In today’s experience-driven economy, that’s the competitive advantage that matters.”
“In my evaluation of Perficient for the IDC MarketScapes focused on Experience Design and Experience Build, it is evident that Perficient is a good choice for organizations looking for a global services provider that is AI forward and can combine client intimacy with industrial-strength capabilities in digital transformation and experience design and build,” said Douglas Hayward, senior research director, worldwide customer experience services and strategies, IDC.
The Experience Design (XD) and Experience Build (XB) IDC MarketScapes assessed vendors through a comprehensive framework in which product and service offerings, capabilities and strategies, and current and future market success factors of the vendors can be compared.
According to the IDC MarketScape for XD, “Perficient has strong capabilities in digital offering design and offers leading-edge experience design services backed by a global innovation network.” The report also notes, “In conversations with Perficient’s reference clients, the three areas where experience design services buyers commended the vendor highly were for the quality of its professionals, for its industry specific capabilities, and differentiation as a vendor.”
The IDC MarketScape for XB states, “As an independent digital experience agency, Perficient combines business and technology transformation capabilities, including a robust collection of supporting assets and tools, with a focus on the design and build of customer experiences. Perficient has strong personalization capabilities.”
Perficient was also named a Major Player in the IDC MarketScape for Worldwide Customer Experience (CX) Strategy Consulting Services. This report evaluates customer experience strategy consulting firms, offering a comprehensive framework including providers’ current capabilities and future strategies. Perficient believes being named a Major Player emphasizes its commitment to partnering with organizations and prioritizing scalable, transformative CX solutions with a reliable and flexible approach to achieving impactful results.
For more information about Perficient’s digital experience expertise, follow us on social media.
About Perficient
Perficient is the global AI-first consultancy. We’re builders—obsessed with outcomes and powered by pragmatism—and, through speed and agility, we help the world’s most innovative companies and admired brands boldly advance business. For more information, visit www.perficient.com.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
Today Porsche celebrates what would have been the 90th birthday of F. A. Porsche. In honor of this milestone Porsche has created a special car for the occasion: the 2027 911 GT3 90 F. A. Porsche. Exterior and interior design is inspired by a 911 model (G body) which F. A. Porsche drove in the 1980s. Sonderwunsch Manufaktur will produce 90 units globally, one of which will be delivered to his son Mark Porsche. Buyers of this special vehicle can look forward to a unique program as part of their personal product consultation, during which they can customize their example further.
F. A. Porsche inspired details such as the bespoke F. A. Green metallic paint and special Grid-Weave fabric
Unique experience for buyers includes exclusive product consultation
Limited edition of the Chronograph 1 and travel bag from Porsche Design included
“When you consider the function of a product, in most cases the form follows suit automatically,” was the creative credo of Ferdinand Alexander Porsche, also called F. A. His vision of an uncompromised product focused on the essentials defined the legendary 911. In 1972 he founded the design studio ”Porsche Design“ together with his brother Hans-Peter. Creations he developed in this studio such as the Chronograph 1 wristwatch or the P’8478 sunglasses with changeable lenses quickly became classics of modern design.
To commemorate what would have been his 90th birthday, the Sonderwunsch team created a special memento working together with his youngest son, Mark Porsche: the 911 GT3 90 F. A. Porsche. One example will be delivered to Mark Porsche.
F. A. Porsche 90 Years
Today marks what would have been the 90th birthday of Ferdinand Alexander Porsche, often referred to as F. A. Porsche. As one of the grandsons of the legendary company founder, he not only shaped the history of the sports car manufacturer but also left an enduring mark on the world of design.
“I am sure that my father would have loved this very special 911,” Mark Porsche said. “Many details of this exciting project were influenced by his personal taste. The F. A. Green metallic paint – created specifically for this model – is based on the Oak Green metallic of his own 911. The F. A. Grid-Weave fabric on the seat centers was inspired by the pattern of his favorite sport coat.”
The collector car is based on the current 911 GT3 with Touring Package, which is the more subtle version of the race-bred sports car with an adaptive rear spoiler. The naturally aspirated boxer engine develops 502 hp and a maximum torque of 331 lb.-ft.
The 911 GT3 90 F. A. Porsche will carry an MSRP of $387,000 excluding other taxes, fees and optional equipment. A special customer consultation period dedicated to one-on-one personalization for each order will precede production, which is scheduled to begin mid-2026.
An exclusive edition of the Chronograph 1 and a special Weekender travel bag from Porsche Design will be delivered with each car. After each customer has specified the final configuration, production will commence in mid-2026.
Paint to Sample Plus color inspired by the green 911 of F. A. Porsche
The exclusive paint of the special model is F. A. Green metallic, a color created with input from the Porsche family intended to reference F. A. Porsche’s own 911 in Oak Green metallic. Sport Classic wheels painted in Satin Black – which are otherwise not available for the 911 GT3 with Touring Package – are another unique exterior design feature. Smaller special details include a Porsche crest in the design from 1963 on the center lock hubs. The rear decklid grille is decorated with a gold plaque that features a “90 F. A. Porsche’ logo.
Inspired by a sport coat pattern: special fabric for the seat centers
Limestone stitching and seat centers in special F. A. grid-weave fabric complement the Truffle Brown Club Leather interior as a homage to F. A. Porsche. The same fabric is also used in the glove compartment and for the mat in the front trunk.
The woven pattern of the fabric contains five colors: black, green, truffle brown, cream and Bordeaux red.
“My father’s favorite sport coat carried this pattern. Like his pencil, his pipe and his ashtray, this coat is part of my childhood memories and directly linked with his home office,” Mark Porsche said.
The Sport Chrono clock atop the instrument cluster is modeled after the original Chronograph 1, which was created as a one-off for F. A. Porsche. A shift lever with an open pore walnut handle is another interior highlight. A plaque engraved with F. A. Porsche’s signature sits below the shift boot. The dashboard trim piece also features a gold plaque with the silhouette of the original 911, a “one of 90” designation and a recreation of F. A. Porsche’s signature.
Additionally, the storage area in the center console is embroidered with a design mirroring the plaque on the rear decklid. The special designation is stitched into the back side of the rear seats in Limestone Beige.
Exclusive edition of the Porsche Design Chronograph 1
Buyers of the 911 GT3 90 F. A. Porsche will receive an exclusive edition of the Chronograph 1. Luminescent material consisting of special Super-LumiNova® applied to the hands and indices is meant to recreate the look of aging radium or tritium to create a patina-like effect. A historic Porsche Design logo on the lock of the wristband and the crown underscore the unique vintage character. F. A. Porsche’s initials are positioned above the day and time display at the 3-o’clock position. Typically, the Porsche Design logo can be found here; however, for his personal example which is still in the Porsche family’s possession today, F. A. Porsche had his initials marked there. The rotor of the automatic function is modeled after the design and color of the wheels on the car. The limitation number (XX/90) and the signature F. A. Porsche are laser-engraved into the underside of the housing. As opposed to the original, the housing is made of ultra-light, robust and hypoallergenic titanium, but kept in black like the historic model from 1972 that it references.
As an alternative to the black titanium bracelet, buyers can also opt to use an additionally provided leather strap. Leather and stitching are reflective of the materials used in the interior of the special car. Thanks to the quick exchange system, the wristbands can be swapped easily without the use of tools. Like all Porsche Design watches, the Chronograph is COSC-certified. It is constructed by hand in the Porsche-owned watch manufactory in Switzerland.
The special watch is based on the “Chronograph 1 – 1972 Limited Edition,” which Porsche Design introduced to celebrate its 50th anniversary in 2022. It follows the design of the original in great detail and carries state-of-the-art technology. The story behind it: The first work order placed to the young Porsche Design business came from Porsche AG: a watch for exceptional employees and anniversaries. Twenty examples were originally ordered. The dashboard of the Porsche 911 served as a design inspiration due to the fact that its information can be displayed and read clearly in all driving situations. F. A. carried over this design and functionality to the watch itself: a matte black watch face, fluorescent white indices and watch hands as well as a notable red stop second hand. The “Chronograph I” was the first all-black wristwatch in the world and quickly became a classic as well as a symbol of the functional design principles of F. A. Porsche.
About F. A. Porsche and Porsche Design
Ferdinand Alexander Porsche was born on December 11, 1935. From an early age he developed a passion for design. He studied briefly at the renowned University of Design in Ulm before starting an internship in the modeling department at Porsche in 1957. In March of 1961, the modeling department is separated from the body work construction division and integrated into the “Studio“ F. A. Porsche.” Under the leadership of their young CEO, the 901/991, the 804 Formula One race car and the Porsche 904 Carrera GTS are created. He founded Porsche Design in Stuttgart together with his brother Hans-Peter in 1972. Two years later, the design studio moved to Zell am See in Austria – close to the Schüttgut. In the following decades, F. A. Porsche developed numerous men’s accessories such as mechanical watches, eye glasses, lighters and pipes, as well as writing utensils that rise to world fame under the “Porsche Design” marque. In parallel, he and his team engineered a number of industry products, household appliances and other useful tools for internationally renowned companies under the label. “Design by F. A. Porsche.” F. A. passed away on April 5, 2012 in Salzburg, Austria.
The Design studio in Zell am See, which carries the name “Studio F. A. Porsche” in honor of its founder is at the core of the Porsche Design marque to this day. Carrying on F. A. Porsche’s vision, all designs do not follow short-lived trends, but rather a timeless and functional design philosophy.
The exterior and interior of this individualised commemorative model have been inspired by a G-Series 911 that was driven by F. A. Porsche in the 1980s. 90 units, which also feature elegant Heritage Design elements, will be built by Porsche Sonderwunsch. One of which has been purchased by his son, Mark Porsche. Buyers of the collector’s model can look forward to a unique experience, where they can further individualise their own anniversary car. The 911 GT3 90 F. A. Porsche will be available to order from April 2026. An exclusive edition of the legendary Porsche Design Chronograph 1 special edition and a special weekender bag are included.
Porsche honours F. A. Porsche
“When you consider the function of an object, the form usually emerges by itself,” was the design credo of Ferdinand Alexander Porsche, known as F. A. He had already implemented his vision of uncompromising reduction to the essentials with the legendary 911. In 1972, together with his brother Hans-Peter, he founded the design studio, which they named Porsche Design. The objects he created there quickly became classics of modern design, such as the Chronograph I wristwatch and the P’8478 sunglasses with their interchangeable lenses. F. A. Porsche would have turned 90 today on the 11th of December 2025.
F. A. Porsche 90 Years
Today marks what would have been the 90th birthday of Ferdinand Alexander Porsche, often referred to as F. A. Porsche. As one of the grandsons of the legendary company founder, he not only shaped the history of the sports car manufacturer but also left an enduring mark on the world of design.
To mark the occasion, the Sonderwunsch experts have teamed up with his youngest son, Mark Porsche, to design a special commemorative model: the 911 GT3 90 F. A. Porsche. One example will go to Mark Porsche, and 89 more will be available to customers worldwide. “I’m sure that my father would have loved this very special 911,” says Mark Porsche. “Through many details, we have incorporated my father’s personal preferences into this exciting project. The F. A. Greenmetallic paint created especially for this model is reminiscent of the Oakgreenmetallic of his 911. The F. A. Grid-Weave fabric used for the seat centres echoes the pattern of his favourite jacket.”
911 GT3 90 F. A. Porsche: Fuel consumption* combined (WLTP) 13.8 – 13.7 l/100 km, CO₂ emissions* combined (WLTP) 312 – 310 g/km, CO₂ class G , CO₂ class weighted combined G
The 911 GT3 90 F. A. Porsche will be available to order from April 2026. An exclusive special edition of the legendary Chronograph 1 and a special weekender bag from Porsche Design are included. Production will start in the second half of 2026, after the buyers have completed their final, individual configurations. The collector’s item is based on the 911 GT3 with Touring Package, the more discreet version of the road-going sports car that features an extendable rear spoiler. The naturally aspirated 4.0-litre flat-six engine develops 375 kW (510 PS) and 450 Nm of torque.
F. A. Greenmetallic: Paint to Sample Plus
F. A. Greenmetallic is the name of the exclusive paint finish of the anniversary model. Inspired by the iconic Oakgreenmetallic of F. A. Porsche’s own 911, the Paint to Sample Plus experts created the current shade together with the Porsche family. From 2026, an exclusive label will be affixed to the A-pillar of all cars featuring Paint to Sample and Paint to Sample Plus. This anniversary model is the first to bear this new mark.
Another special feature of the exterior – and otherwise not available on the 911 GT3 with Touring Package – is the Sport Classic wheels painted in satin-gloss black. Inspired by the classic Fuchs rims, their fine details include the central locking mechanism and the historic 1963 crest on the wheel hub covers. On the grille of the boot lid sits a galvanised gold-plated badge with the ‘90 F. A. Porsche’ logo.
Inspired by a jacket pattern: fabric on the seat centre panels
Chalk Beige decorative stitching and seat centre panels featuring the special F. A. Grid-Weave fabric complement the Truffle Brown Club Leather upholstery and create a special ambience in memory of F. A. Porsche. The F. A. Grid-Weave can also be found in the glove box, board briefcase and on the reversible mat in the luggage compartment. The pattern of the fabric features five colours. Black, Green, Truffle Brown, Cream and Bordeaux Red yarns are woven together. “My father’s favourite jackets were patterned like this. Like his pencil, pipe and ashtray, these jackets felt like part of my childhood and inextricably linked to his office at home,” says Mark Porsche.
The Sport Chrono watch at the top of the instrument panel is based on the original Chronograph I, which was created as a one-off piece for F. A. Porsche. Another highlight inside the car is the open-pore walnut plywood gear knob which features a plaque engraved with F. A. Porsche’s signature. Another gold-plated plaque with a facsimile of the signature, the original 911 vehicle silhouette and the words ‘One of 90’ on the decorative trim of the dashboard identifies each 911 GT3 90 F. A. Porsche as a limited collector’s item of rare value. Furthermore, the storage compartment in the centre console is embossed with the same design as the badge on the luggage compartment lid.
Exclusive edition of the Porsche Design Chronograph 1
Buyers of the special-edition car will receive an exclusive version of the Chronograph 1. A luminous material made of special Super-LumiNova® on the hands and indices is based on the look of aged radium or tritium and creates a patina effect. The exceptional vintage character of the watch is enhanced by the historic Porsche Design logo on the clasp of its bracelet and crown. The initials are shown above the day and date display at the 3 o’clock position. Normally, the Porsche Design logo is located there but F. A. Porsche had his initials added to his personal chronograph, which is now owned by his descendants. The rotor of the automatic movement is the same shape and colour as the wheels on the collector’s car. The limited-edition number (XX/90) and the signature of F. A. Porsche are laser-engraved on the case back. Unlike the original, the case is made of ultra-light, durable and hypoallergenic titanium, but like its historic predecessor from 1972, it is coated in black.
As an alternative to the black-coated titanium bracelet, buyers can also wear the timepiece on a leather strap, which is included. The leather and thread of the decorative stitching correspond to the materials used in the sports car’s interior. Thanks to the quick-change system, the straps can be swapped easily and without the need for tools. Like all Porsche Design Timepieces, the chronograph is COSC certified, guaranteeing maximum accuracy. It is made by hand in Porsche’s watch-making facility in Grenchen, Switzerland.
The special wristwatch is based on the ‘Chronograph 1 – 1972 Limited Edition’, which Porsche Design presented in 2022 to mark its 50th anniversary. It is modelled on the original down to the last detail and is technically state-of-the-art. The story behind it is that the then-young company Porsche Design received its first order from Porsche AG: a watch for deserving employees and those celebrating an anniversary. The initial order was for 20 pieces. The design was inspired by the dashboard of the Porsche 911, which remains clearly legible even in extreme conditions. F. A. transferred this look and function to the timepiece, with a matt-black dial, fluorescent white indices and hands, and a striking red stop seconds hand. The Chronograph I was the world’s first black wristwatch and quickly became a classic as well as a symbol of F. A. Porsche’s functional design principles.
Weekender bag in the style of the vehicle
In addition to the Porsche Design Chronograph 1 – 911 GT3 90 F. A. Porsche, a special travel bag is part of the exclusive overall package. In terms of materials and colour, this spacious weekender picks up on the interior concept of the collector’s item. The bag is made of the same Truffle Brown leather used in the vehicle interior and also features decorative stitching in Chalk Beige. The lining of the front pocket of the weekender is made of the F. A. Grid-Weave fabric that is used on the seat centre panels, while the main compartment is lined with high-quality microfibre. The badge with the anniversary logo that is matching the grille badge on the vehicle’s boot lid is also embroidered on the outer pocket of the bag.
Weekender bag
Porsche Junior sled: comeback of an iconic object
On the occasion of the anniversary, another iconic object designed by F. A. Porsche is making a comeback: the Porsche Junior. This bowl-shaped sports sled was offered by Porsche in the 1960s, especially for young fans. It was also popular with F. A. Porsche and his children, as photos from the family albums show. The new edition is made of carbon fibre, a material that has been tried and tested in racing and automotive engineering, and makes the sled particularly light. A Kevlar core provides additional stability. Like the car, the Porsche Junior is limited to 90 units and comes in the special exterior colour F. A. Greenmetallic. The seat cushion of the sled is covered in the F. A. Grid-Weave fabric that features in the 911 GT3 90 F. A. Porsche.
Porsche Junior sled
About F. A. Porsche and Porsche Design
Ferdinand Alexander Porsche was born on 11 December 1935. He grew up in an environment characterised by technology and pioneering spirit. F. A. spent most of his youth at the Schüttgut estate in Zell am See. He developed a passion for design at an early age, studied for a short time at the renowned Ulm School of Design and began working as an intern in the modelling department at Porsche in 1957. In March 1961, this department was spun off from the body design division and placed under the control of ‘Studio’ F. A. Porsche. Under the young boss, the 901/991, the 804 Formula One racing car and the Porsche 904 Carrera GTS were created. After all family members had left the operational business of Porsche KG, which had been converted into a public limited company, he and his brother Hans-Peter founded their own company in Stuttgart in 1972, and called it Porsche Design.
Two years later, he moved the headquarters of the design studio to Zell am See – within sight of the Schüttgut estate. In the decades that followed, he designed numerous classic accessories such as mechanical wristwatches, glasses, lighters and pipes, as well as writing instruments, which gained worldwide recognition under the Porsche Design brand. At the same time, he and his team designed a wide range of industrial products, household appliances and consumer goods for internationally renowned clients under the Design by F. A. Porsche label. F. A. died on 5 April 2012 in Salzburg.
The design studio in Zell am See, which now bears the name Studio F. A. Porsche in honour of its founder, remains at the heart of the Porsche Design brand to this day. In keeping with F. A. Porsche’s vision, all designs continue to follow his own timeless and functional design philosophy, rather than short-lived trends.
In this episode, Alison Bailey, MD, FACC, and Melvin R. Echols, MD, FACC, discuss current pharmacological and nonpharmacological interventions to prevent and/or decrease the progression of heart failure (HF).
This podcast is part of the larger Managing HF Across the Spectrum: From Recognizing Symptoms to Implementing Appropriate Treatment grant initiative, supported by Bayer AG. To visit the Managing HF Across the Spectrum page and access additional educational activities on this topic, click here.
Clinical Topics:
Cardiovascular Care Team, Heart Failure and Cardiomyopathies
The once-rigid link between economic growth and carbon emissions is breaking across the vast majority of the world, according to a study released ahead of Friday’s 10th anniversary of the Paris climate agreement.
The analysis, which underscores the effectiveness of strong government climate policies, shows this “decoupling” trend has accelerated since 2015 and is becoming particularly pronounced among major emitters in the global south.
Countries representing 92% of the global economy have now decoupled consumption-based carbon emissions and GDP expansion, according to the report by the Energy and Climate Intelligence Unit (ECIU).
Using the latest Global Carbon Budget data, it finds that decoupling is now the norm across advanced economies, with 46% of global GDP in countries that have expanded their economies while cutting emissions, including Brazil, Colombia and Egypt. The most pronounced decouplings occurred in the UK, Norway and Switzerland.
More important is the spectacular shift in China. The world’s biggest emitter is sharply reducing its economic dependence on coal and other fossil fuels. Between 2015 and 2023, China’s consumption-based emissions rose 24%, less than half the growth of its economy (more than 50%). For the past 18 months, its emissions have plateaued and many analysts believe they may have peaked. If China can turn the corner, the rest of the world should follow.
In total, 21 countries have improved in the past decade. Among them are Australia, the United Arab Emirates, Colombia, Egypt, Italy, Mexico and South Africa – all of which were able to grow economically while reducing emissions.
Twenty-two others have consistently managed to achieve decoupling in the decades before and after 2015. Among them are the US, Japan, Canada and most countries in the European Union.
Donald Trump has tried to move the US in the opposite direction, but his first term as president caused only a brief uptick in emissions. For most of the past two decades US emissions have been falling, according to the authors of the report.
New Zealand, Latvia, Slovenia, Lithuania, the Dominican Republic, El Salvador, Togo and the host of Cop29, Azerbaijan, had all decoupled before 2015, but their growth has since again become dependent on fossil fuels.
The report underlines how international talks, such as the United Nations Cop gatherings, have helped to drive an energy transition, even if progress has so far failed to keep pace with the threat posed by human-caused global heating.
An earlier analysis, by the ECIU shows that the growth of annual CO2 emissions has slowed to 1.2% since 2015, compared with 18.4% in the decade before the Paris agreement.
That agreement, which was signed by nearly 200 countries in 2015, included a commitment to limit heating to well below 2C above preindustrial levels. That sent a strong signal to businesses and governments that they needed to find alternatives to the oil, gas and coal responsible for climate disruption.
As a result, the projection for end-of-century global heating has fallen from 4C to 2.6C. Despite this progress, the authors say more rapid action is needed in the coming decade to stabilise the climate.
With emissions slowing, many analysts hope the peak could finally be in sight, which would usher in the fall that is essential if the world is to keep global heating to between 1.5C and 2C above preindustrial levels by the end of the century.
John Lang, the author of the ECIU report, said: “I’m definitely encouraged. Looking back shows how much progress we have made over the past 10 years. The world is now in a pre-conditioning stage ahead of structural decline. We are approaching a historic point when emissions start to go down. That is super exciting.”
Pure Storage (PSTG) stock has been treading water lately, with a strong past 3 years but a weaker recent month, so the key question now is whether the pullback opens opportunity.
See our latest analysis for Pure Storage.
That recent slide in the 1 month share price return contrasts sharply with Pure Storage’s strong year to date share price gain and standout multi year total shareholder returns. This suggests long term momentum is intact even as investors reassess near term growth risks at around $73.65.
If Pure’s run has you thinking about what else could benefit from AI driven demand for data, it is worth scanning high growth tech and AI stocks for other potential winners.
With shares still trading at a modest discount to analyst targets despite hefty multi year gains, the real question now is whether Pure Storage remains mispriced by a cautious market or if future growth is already fully baked in.
With the most widely followed narrative placing Pure Storage’s fair value around $95.16 versus a $73.65 last close, the story leans toward sizeable upside potential built on aggressive growth and margin assumptions.
The success of new hardware launches targeting high performance AI and data analytics workloads (e.g., FlashBlade//EXA, FlashArray//XL R5) is capturing share in the most demanding enterprise segments, enabling premium pricing and driving expansion in gross margin and product revenue.
Read the complete narrative.
Want to see what kind of revenue climb, margin lift, and future earnings multiple are being baked into that upside case? The most popular narrative ties those moving parts together into a single, bold valuation roadmap. Curious which assumptions really carry the weight in getting from today’s price to that higher fair value band? Read on and unpack the full set of projections behind this call.
Result: Fair Value of $95.16 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, the bullish case could unravel if hyperscaler demand scales more slowly than expected and heavy AI infrastructure investment pressures margins instead of lifting them.
Find out about the key risks to this Pure Storage narrative.
If you see things differently or simply prefer digging into the numbers yourself, you can build a personalised narrative in just a few minutes: Do it your way.
A great starting point for your Pure Storage research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.
Before you move on, lock in your next opportunity by scanning a few focused stock shortlists that could sharpen your edge and broaden your portfolio.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include PSTG.
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Livingston, N.J. – December 11 – CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today announced that Runway, a global AI company building the next frontier of intelligence and human creativity, has signed a contract with CoreWeave to provide AI cloud solutions that will scale and accelerate its next generation video generation models. Runway selected CoreWeave for its purpose-built features and capabilities for AI services, including access to CoreWeave’s AI Cloud platform as well as integrated software and data capabilities to accelerate Runway’s AI models with efficiency and scale.
Runway is at the forefront of video generation and world models – its tools are used by the world’s leading film studios and production houses, as well as gaming companies, robotics developers and more. The company offers a state-of-the-art suite of AI models for generating and editing images, video, and audio from text, image or video prompts, as well as 3D world models and real-time video models for a wide range of use cases including autonomous driving, life sciences and live avatar interactions.
“AI is becoming core to how companies build and operate, and they need a cloud platform that can match that shift with performance, efficiency, security and scale. That’s CoreWeave,” said Brian Venturo, Co-Founder and Chief Strategy Officer of CoreWeave. “Runway has established itself as a pioneer in generative video across both the tech industry and Hollywood’s leading creative studios. We’re proud they trust CoreWeave as they continue to scale and innovate across a growing range of industries.”
“Runway’s models are redefining everything from filmmaking to the training of large-scale simulation engines,” said Anastasis Germanidis, Co-Founder and CTO of Runway. “That level of ambition requires a reliable, scalable AI cloud platform that allows us to accelerate our research and serve a wide range of customers. CoreWeave’s integrated solutions will be key to our ability to research, train and productize with speed and efficiency, and we look forward to unlocking new opportunities through this long-term strategic collaboration.”
Runway will utilize CoreWeave’s NVIDIA GB300 NVL72 systems for large-scale training and inference as well as W&B Models for full observability across their workloads. Runway will also make its models available on W&B Inference, powered by the CoreWeave AI Cloud Platform, and will leverage CoreWeave AI Object Storage, an industry-leading service that makes a single dataset instantly accessible anywhere in the world, without any egress charges or request / transaction fees. Access to these industry-leading solutions will allow Runway to train and run inference on its latest AI models with high-throughput GPU performance that isn’t confined by geography or cloud boundaries.
CoreWeave’s technology team consistently sets new standards for performance, demonstrated by an industry-leading MLPerf benchmark for AI workloads and its position as the only AI cloud to earn the top Platinum ranking in both SemiAnalysis ClusterMAX™ 1.0 and 2.0, which is considered the definitive rating system for AI cloud performance, efficiency and reliability.
