2 months ago
On September 8, 2026, Reuters reported that NIKE, Inc. (NYSE:NKE) shareholders rejected a proposal urging greater transparency on how the company plans to meet its 2030 emissions-reduction targets, despite support from Norway's sovereign wealth fund, Nike's 11th-largest shareholder.
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.
#reduction #elliott #greater
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.
#reduction #elliott #greater
2 months ago
(Bloomberg) -- When Aon Inc. on Monday priced $2 billion of notes maturing in 2056 as part of a debt package to fund an acquisition, investors rushed to buy it, placing orders more than seven times the size of the offering.
Most Read from Bloomberg
Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details
EU Proposes Canada Become the Bloc's First 'Associate Member'
Bond Market's 'Extreme' Short Counts on Fed to Deliver Hike
#bloomberg #zuckerberg #details #proposes
Most Read from Bloomberg
Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details
EU Proposes Canada Become the Bloc's First 'Associate Member'
Bond Market's 'Extreme' Short Counts on Fed to Deliver Hike
#bloomberg #zuckerberg #details #proposes
2 months ago
Over the past five years, Eli Lilly (NYSE: LLY) stock managed a total return of 376%. If the stock managed a repeat over the next five years, share prices would top $5,500. Much of its current performance boost is thanks to enthusiasm over its GLP-1 offerings.
Are the same factors that led to the healthcare company's sharp rise likely to recur? The simple answer is no. While its metabolic GLP-1 weight-loss therapies helped spike revenue, it's not likely to happen again. Still, there are reasons to believe the pharmaceutical stock could double in value over the next five years, making a $5,000 investment in Eli Lilly stock worth more than $10,000 in five years. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Eli Lilly, through tirzepatide, marketed as Mounjaro for type 2 diabetes and Zepbound for chronic weight management, is still a leader in the GLP-1 **** e. Tirzepatide is showing to be an incredibly versatile incretin-based peptide drug.
Excess weight is tied to many health problems, and tirzepatide could expand to adjacent indications. It has already been approved to treat obstructive sleep apnea, and on Aug. 28, the Food and Drug Administration (FDA) approved Mounjaro to lower the risk of major adverse cardiovascular (CV) events, including cardiovascular death, non-fatal heart attack, or non-fatal stroke in adults with type 2 diabetes who are at high risk.
#Stock #signal #weight #total
Are the same factors that led to the healthcare company's sharp rise likely to recur? The simple answer is no. While its metabolic GLP-1 weight-loss therapies helped spike revenue, it's not likely to happen again. Still, there are reasons to believe the pharmaceutical stock could double in value over the next five years, making a $5,000 investment in Eli Lilly stock worth more than $10,000 in five years. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Eli Lilly, through tirzepatide, marketed as Mounjaro for type 2 diabetes and Zepbound for chronic weight management, is still a leader in the GLP-1 **** e. Tirzepatide is showing to be an incredibly versatile incretin-based peptide drug.
Excess weight is tied to many health problems, and tirzepatide could expand to adjacent indications. It has already been approved to treat obstructive sleep apnea, and on Aug. 28, the Food and Drug Administration (FDA) approved Mounjaro to lower the risk of major adverse cardiovascular (CV) events, including cardiovascular death, non-fatal heart attack, or non-fatal stroke in adults with type 2 diabetes who are at high risk.
#Stock #signal #weight #total
2 months ago
Charlotte, North Carolina-based Duke Energy Corporation (DUK) operates as an energy company in the United States. Valued at a market cap of $93.9 billion, the company operates through two segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I), and generates, transmits, distributes, and sells electricity to customers in the Southeast and Midwest regions.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." DUK fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated electric utilities industry.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#billion #market #energy
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." DUK fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated electric utilities industry.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#billion #market #energy
2 months ago
Based on the advice of Peter Lynch, my long-term investments tend to run in the Grains sector.
Of these markets, my choice is Corn based on how it behaves both technically and fundamentally.
Coffee Prices Pressured by Rising Supplies
Cocoa Prices Fall on Larger Supplies from the Ivory Coast
Coffee Prices Slip as Brazil's Coffee Exports Expected to Accelerate
#coffee #rising
Of these markets, my choice is Corn based on how it behaves both technically and fundamentally.
Coffee Prices Pressured by Rising Supplies
Cocoa Prices Fall on Larger Supplies from the Ivory Coast
Coffee Prices Slip as Brazil's Coffee Exports Expected to Accelerate
#coffee #rising
2 months ago
Symbotic (NASDAQ: SYM), a developer of autonomous warehouse robots, went public through a merger with a special purpose acquisition company (SPAC) on June 8, 2022. It started trading at $10.51 per share, closed at a record high of $87.30 on Nov. 26, 2025, but now trades at $38.
Symbotic is still a divisive stock. The bulls are impressed by its robust revenue growth, its expanding margins, and its growing backlog -- which reached $22.5 billion in its latest quarter. But the bears will warn you that it's overly dependent on Walmart (NASDAQ: WMT) and that many investors overlook that customer concentration risk.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Walmart is Symbotic's largest customer and one of its top investors. The world's largest retailer accounted for 85% of its revenue in fiscal 2025 (which ended last September), driven by a long-term contract to automate all of its U.S. regional distribution centers through 2037.
Symbotic also acquired Walmart's own robotics division in early 2025, and the two companies have been co-developing automated micro-fulfillment systems for its brick-and-mortar stores. In other words, Symbotic wouldn't exist in its current form without Walmart's support.
#NVIDIA #walmart #flashing #revenue
Symbotic is still a divisive stock. The bulls are impressed by its robust revenue growth, its expanding margins, and its growing backlog -- which reached $22.5 billion in its latest quarter. But the bears will warn you that it's overly dependent on Walmart (NASDAQ: WMT) and that many investors overlook that customer concentration risk.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Walmart is Symbotic's largest customer and one of its top investors. The world's largest retailer accounted for 85% of its revenue in fiscal 2025 (which ended last September), driven by a long-term contract to automate all of its U.S. regional distribution centers through 2037.
Symbotic also acquired Walmart's own robotics division in early 2025, and the two companies have been co-developing automated micro-fulfillment systems for its brick-and-mortar stores. In other words, Symbotic wouldn't exist in its current form without Walmart's support.
#NVIDIA #walmart #flashing #revenue
2 months ago
Last Updated: Aug. 26, 2026 at 7:35pm ET
8월. 26일 오후 5:12 New York 시간
By
Adam Levine
During its second-quarter earnings call this afternoon, Nvidia took the unusual step of giving investors a peek into fiscal 2028, which begins at the end of January. Chief Financial Officer Colette Kress said that revenue would grow by around 70% next year; Wall Street has been looking for growth of 45%.
#updated #financial
8월. 26일 오후 5:12 New York 시간
By
Adam Levine
During its second-quarter earnings call this afternoon, Nvidia took the unusual step of giving investors a peek into fiscal 2028, which begins at the end of January. Chief Financial Officer Colette Kress said that revenue would grow by around 70% next year; Wall Street has been looking for growth of 45%.
#updated #financial
2 months ago
Investors seeking exposure to software stocks can choose between established giants and high-growth specialists. Comparing Salesforce (NYSE:CRM) and CrowdStrike (NASDAQ:CRWD) reveals a choice between steady enterprise dominance and aggressive expansion in cybersecurity. Investors look at these two because they represent different risk-reward profiles within the broader software sector.
Salesforce provides a comprehensive suite of tools for managing customer relationships, while CrowdStrike focuses on cybersecurity to secure device endpoints and cloud workloads. Both companies are leveraging artificial intelligence to automate complex tasks for their corporate clients.
As a major player among tech stocks, Salesforce is seeing strong adoption of its AI-powered, cloud-based Agentforce platform. The company serves more than 150,000 customers globally, emphasizing autonomous AI agents and Slack integration for collaboration. It sells primarily through direct sales to businesses of all sizes, and no single customer accounts for more than 10% of total revenue.
In its latest annual report, covering its 2026 fiscal year (FY), revenue reached $41.5 billion, representing 9.6% year-over-year growth. This expansion supported a net income of $7.5 billion, resulting in a net margin of 18%. This shows an improvement over the previous year, when the net margin was 16.4% on $37.9 billion in revenue.
As of its January 2026 balance sheet, the debt-to-equity ratio is 0.3x and the current ratio is 0.8x. This current ratio indicates liabilities exceed ***** ets due in the next year, while free cash flow, which is the cash remaining after capital expenditures, reached $14.4 billion. Note that stock-based compensation (SBC) represented 23.4% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
#cash #salesforce #crowdstrike
Salesforce provides a comprehensive suite of tools for managing customer relationships, while CrowdStrike focuses on cybersecurity to secure device endpoints and cloud workloads. Both companies are leveraging artificial intelligence to automate complex tasks for their corporate clients.
As a major player among tech stocks, Salesforce is seeing strong adoption of its AI-powered, cloud-based Agentforce platform. The company serves more than 150,000 customers globally, emphasizing autonomous AI agents and Slack integration for collaboration. It sells primarily through direct sales to businesses of all sizes, and no single customer accounts for more than 10% of total revenue.
In its latest annual report, covering its 2026 fiscal year (FY), revenue reached $41.5 billion, representing 9.6% year-over-year growth. This expansion supported a net income of $7.5 billion, resulting in a net margin of 18%. This shows an improvement over the previous year, when the net margin was 16.4% on $37.9 billion in revenue.
As of its January 2026 balance sheet, the debt-to-equity ratio is 0.3x and the current ratio is 0.8x. This current ratio indicates liabilities exceed ***** ets due in the next year, while free cash flow, which is the cash remaining after capital expenditures, reached $14.4 billion. Note that stock-based compensation (SBC) represented 23.4% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
#cash #salesforce #crowdstrike
2 months ago
When someone you love dies, one common piece of advice is to not make any major decision within six months. Your brain may be clouded by grief and sadness, so it can be difficult to be rational. This can include decisions about giving up your job.
Not everyone follows this advice, though, and there are times when a death may spur you to take an action you should have taken anyway but may have been frightened about. The death drives home the point that life is short, so you shouldn't wait.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#dave
Not everyone follows this advice, though, and there are times when a death may spur you to take an action you should have taken anyway but may have been frightened about. The death drives home the point that life is short, so you shouldn't wait.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#dave
2 months ago
BANGKOK (AP) — World shares were mostly lower and oil prices slipped on Monday at the outset of a week capped by an annual meeting of top U.S. economic officials at Jackson Hole, Wyoming.
Iran's currency hit a record low as the U.S. prepared to announce new sanctions to try to break the impasse with Iran, adding pressure when its economy is already battered by earlier sanctions and a U.S. naval blockade.
The rial dropped to 2.02 million to the U.S. dollar on informal currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.
In early European trading, Germany's DAX edged 0.1% lower to 26,110.79, while the CAC 40 in Paris also gave up 0.1%, to 8,474.35. Britain's FTSE 100 inched up 0.1% to 10,831.33.
The future for the S&P 500 was down 0.2%, while that for the Dow Jones Industrial Average fell 0.1%.
#lower #sanctions #rial #million
Iran's currency hit a record low as the U.S. prepared to announce new sanctions to try to break the impasse with Iran, adding pressure when its economy is already battered by earlier sanctions and a U.S. naval blockade.
The rial dropped to 2.02 million to the U.S. dollar on informal currency markets. Iran's official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.
In early European trading, Germany's DAX edged 0.1% lower to 26,110.79, while the CAC 40 in Paris also gave up 0.1%, to 8,474.35. Britain's FTSE 100 inched up 0.1% to 10,831.33.
The future for the S&P 500 was down 0.2%, while that for the Dow Jones Industrial Average fell 0.1%.
#lower #sanctions #rial #million
3 months ago
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Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#price #higher
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#price #higher
3 months ago
NVDA posted 92% Data Center revenue growth and CRWV secured a $2.6B GPU-backed loan with a $104B backlog.
Unlike Bitcoin, chips have no fixed supply mechanics. Manufacturers can expand capacity and render older GPUs economically obsolete on a published schedule.
Cuban sold 98% of his Bitcoin near $88,000 and has been linked to collapsed projects ****** AN and Voyager, making his crypto praise read as a warning.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
On Aug. 15, 2026, Mark Cuban posted on X: "Chips as an ****** et class will be the new crypto." That is the entire public statement. Cuban did not specify which chips, name an investment vehicle, offer a timeline, or follow up in any interview. The post drew over 1.2 million views within a day and was reported by outlets including Crypto News, TradingView, TheStreet, Protos, and AOL between Aug. 16 and Aug. 18, 2026.
#chips #unlike
Unlike Bitcoin, chips have no fixed supply mechanics. Manufacturers can expand capacity and render older GPUs economically obsolete on a published schedule.
Cuban sold 98% of his Bitcoin near $88,000 and has been linked to collapsed projects ****** AN and Voyager, making his crypto praise read as a warning.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
On Aug. 15, 2026, Mark Cuban posted on X: "Chips as an ****** et class will be the new crypto." That is the entire public statement. Cuban did not specify which chips, name an investment vehicle, offer a timeline, or follow up in any interview. The post drew over 1.2 million views within a day and was reported by outlets including Crypto News, TradingView, TheStreet, Protos, and AOL between Aug. 16 and Aug. 18, 2026.
#chips #unlike
3 months ago
WhiteWater, along with its joint venture (JV) partners Devon Energy, Diamondback Energy, Western Midstream Partners (WES) and MPLX, has reached a final investment decision (FID) to construct the Solitude Pipeline System in the US.
The pipeline system will feature two 48in natural gas pipelines designed to transport supplies from the Permian Basin to a hub in Katy, Texas, near the Gulf coast.
The project will be managed by the Solitude Pipeline System JV and is supported by long-term transportation agreements with mainly investment-grade shippers.
Commissioning of the Solitude Pipeline System is dependent on receiving customary regulatory and other approvals, with service targeted to commence in the second half of 2029.
The project's initial phase will provide a capacity of approximately 2.25 billion cubic feet per day (bcf/d) in late 2029, with an additional 2.25bcf/d expected in 2030.
#whitewater #Devon #diamondback #western
The pipeline system will feature two 48in natural gas pipelines designed to transport supplies from the Permian Basin to a hub in Katy, Texas, near the Gulf coast.
The project will be managed by the Solitude Pipeline System JV and is supported by long-term transportation agreements with mainly investment-grade shippers.
Commissioning of the Solitude Pipeline System is dependent on receiving customary regulatory and other approvals, with service targeted to commence in the second half of 2029.
The project's initial phase will provide a capacity of approximately 2.25 billion cubic feet per day (bcf/d) in late 2029, with an additional 2.25bcf/d expected in 2030.
#whitewater #Devon #diamondback #western
3 months ago
By Ross Kerber
Aug 14 (Reuters) - The top U.S. financial regulator on Friday made permanent its decision to cease judging whether companies may exclude shareholder resolutions from votes at annual meetings, leaving investor activists concerned about diminishing influence.
In practice, the change announced by the U.S. Securities and Exchange Commission extends a freeze put in place last November on deciding whether to approve corporate requests to skip votes on shareholder proposals.
The responses were known as "no-action" letters because they answered corporate requests for **** urance the agency would take no action if executives skipped votes on proposals that often deal with hot-button issues like carbon emissions or workforce diversity.
Executives claimed such measures may micromanage operations or deal with ordinary business undeserving of investors' attention.
#executives #proposals #ross
Aug 14 (Reuters) - The top U.S. financial regulator on Friday made permanent its decision to cease judging whether companies may exclude shareholder resolutions from votes at annual meetings, leaving investor activists concerned about diminishing influence.
In practice, the change announced by the U.S. Securities and Exchange Commission extends a freeze put in place last November on deciding whether to approve corporate requests to skip votes on shareholder proposals.
The responses were known as "no-action" letters because they answered corporate requests for **** urance the agency would take no action if executives skipped votes on proposals that often deal with hot-button issues like carbon emissions or workforce diversity.
Executives claimed such measures may micromanage operations or deal with ordinary business undeserving of investors' attention.
#executives #proposals #ross
3 months ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Profitability grew over-proportionally relative to sales, driven by production ramp-ups, operational efficiencies, and accelerated realization of acquisition synergies.
The group successfully integrated The Shyft Group operations, expanding the North American footprint and simplifying brand architecture within one year of the acquisition.
North American growth was fueled by successful walk-in van backlog conversion and record service body production at Royal, which increased 20% over historical averages.
European performance benefited from strong commercial execution in the airport segment and the successful launch of the new Aebi Terratrac in the agricultural business.
#acquisition #NVIDIA #tell #shyft
Profitability grew over-proportionally relative to sales, driven by production ramp-ups, operational efficiencies, and accelerated realization of acquisition synergies.
The group successfully integrated The Shyft Group operations, expanding the North American footprint and simplifying brand architecture within one year of the acquisition.
North American growth was fueled by successful walk-in van backlog conversion and record service body production at Royal, which increased 20% over historical averages.
European performance benefited from strong commercial execution in the airport segment and the successful launch of the new Aebi Terratrac in the agricultural business.
#acquisition #NVIDIA #tell #shyft
3 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Madden NFL, the video game that allows you to escape reality by doing things like coaching the Jets to a Super Bowl, now belongs to Saudi Arabia's sovereign wealth fund and, in a small but well-compensated way, the President of the United States' son-in-law.
The Public Investment Fund of Saudi Arabia closed its $55 billion purchase of Electronic Arts on Tuesday alongside Silver Lake and Jared Kushner's Affinity Partners. Shareholders collected $210 a share in cash. EA's stock stopped trading and comes off the Nasdaq, ending a 36-year public run.
It's the largest leveraged buyout in history, a phrase worth sitting with, because the previous record holder was the 2007 buyout of Texas utility TXU, which ended in one of the biggest bankruptcies in American history.
The financing is where this gets video game-level fun. PIF (which already owned roughly 9.9% of EA) borrowed $20 billion from JPMorgan, which also advised the consortium, so JPMorgan earned a fee for recommending the deal and now earns interest funding it. Kushner, who reportedly brokered the introduction between the Saudis and EA, runs a fund that PIF seeded with $2 billion in 2021 over the objections of PIF's own advisers. The money left Riyadh, hired a Kushner, and came home with EA Sports FC and Jedi Survivor.
#billion #public #Stock
Madden NFL, the video game that allows you to escape reality by doing things like coaching the Jets to a Super Bowl, now belongs to Saudi Arabia's sovereign wealth fund and, in a small but well-compensated way, the President of the United States' son-in-law.
The Public Investment Fund of Saudi Arabia closed its $55 billion purchase of Electronic Arts on Tuesday alongside Silver Lake and Jared Kushner's Affinity Partners. Shareholders collected $210 a share in cash. EA's stock stopped trading and comes off the Nasdaq, ending a 36-year public run.
It's the largest leveraged buyout in history, a phrase worth sitting with, because the previous record holder was the 2007 buyout of Texas utility TXU, which ended in one of the biggest bankruptcies in American history.
The financing is where this gets video game-level fun. PIF (which already owned roughly 9.9% of EA) borrowed $20 billion from JPMorgan, which also advised the consortium, so JPMorgan earned a fee for recommending the deal and now earns interest funding it. Kushner, who reportedly brokered the introduction between the Saudis and EA, runs a fund that PIF seeded with $2 billion in 2021 over the objections of PIF's own advisers. The money left Riyadh, hired a Kushner, and came home with EA Sports FC and Jedi Survivor.
#billion #public #Stock
3 months ago
Wayfair (NYSE:W) shares fell around 3% in pre-market trading on Tuesday, even after the online home furnishings retailer reported second-quarter 2026 earnings and revenue that both exceeded Wall Street expectations.
The company delivered solid sales growth, higher customer spending and continued gains in order volumes, but investors remained cautious following the results.
Wayfair reported earnings of $0.95 per share for the second quarter, ahead of the ****** yst consensus estimate of $0.87.
Revenue increased 7.5% year over year to $3.52 billion, surpassing market expectations of approximately $3.45 billion.
Growth was driven primarily by the U.S. business, where demand remained resilient throughout the quarter.
#revenue #Growth #earnings
The company delivered solid sales growth, higher customer spending and continued gains in order volumes, but investors remained cautious following the results.
Wayfair reported earnings of $0.95 per share for the second quarter, ahead of the ****** yst consensus estimate of $0.87.
Revenue increased 7.5% year over year to $3.52 billion, surpassing market expectations of approximately $3.45 billion.
Growth was driven primarily by the U.S. business, where demand remained resilient throughout the quarter.
#revenue #Growth #earnings
3 months ago
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter.
When Kroger introduced Greg Foran as its CEO earlier this year, the supermarket chain drew accolades for its decision to hire a new leader who had distinguished himself by turning around Walmart's U.S. operations.
But beyond his background as a senior executive at the world's largest retailer, Foran brings Kroger another ******* et that could prove pivotal as he strives to work the same magic at Kroger that he did at Walmart: experience working outside the United States.
Ahead of joining Kroger in February, Foran served as CEO of Air New Zealand. And before his promotion to head Walmart's stateside division in July 2014, Foran was president and CEO of Walmart Asia, a role he ******* umed after running Walmart's China unit. Earlier in his career, he held multiple positions at Australia-based retailer Woolworths Group, which runs stores in that country and New Zealand.
The perspective people develop over years working in other countries' retail sectors can give an edge over grocers that have not looked as far afield for leaders, industry ******* ysts said.
#grocery #daily #retailer
When Kroger introduced Greg Foran as its CEO earlier this year, the supermarket chain drew accolades for its decision to hire a new leader who had distinguished himself by turning around Walmart's U.S. operations.
But beyond his background as a senior executive at the world's largest retailer, Foran brings Kroger another ******* et that could prove pivotal as he strives to work the same magic at Kroger that he did at Walmart: experience working outside the United States.
Ahead of joining Kroger in February, Foran served as CEO of Air New Zealand. And before his promotion to head Walmart's stateside division in July 2014, Foran was president and CEO of Walmart Asia, a role he ******* umed after running Walmart's China unit. Earlier in his career, he held multiple positions at Australia-based retailer Woolworths Group, which runs stores in that country and New Zealand.
The perspective people develop over years working in other countries' retail sectors can give an edge over grocers that have not looked as far afield for leaders, industry ******* ysts said.
#grocery #daily #retailer
3 months ago
Teva Pharmaceutical (NYSE: TEVA) stock closed out the last week of trading with significant gains, rising roughly 12.3% across the stretch. The S&P 500 gained 0.2% over the same period, and the Nasdaq Composite was up approximately 0.5%.
Teva published its second-quarter report after the market closed on July 29, posting mixed results. While earnings for the period came in below Wall Street's target, the company delivered some news that excited investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
With its Q2 report, Teva announced non-GAAP (adjusted) earnings of $0.02 per share -- a performance that fell far short of the average ***** yst estimate's call for adjusted earnings per share of $0.11 in the period. Meanwhile, sales in the period came in at $4.1 billion and surpassed the average ***** yst target by roughly $70 million. The generic drug leader's revenue was still down roughly 1% year over year in the period, but the decline was softer than expected -- and investors saw promise in the company's guidance and a significant new development for the stock.
For the full-year period, Teva is guiding for adjusted earnings to be between $1.91 per share and $2.11 per share after accounting for closing and administrative costs stemming from its acquisition of Emalex. Meanwhile, the average ***** yst estimate had called per-share earnings of $2.16 for the year. The company also guided for sales to come in between $16.5 billion and $16.85 billion. For reference, the average Wall Street estimate had targeted sales of $16.63 billion.
#period #earnings #NVIDIA #billion
Teva published its second-quarter report after the market closed on July 29, posting mixed results. While earnings for the period came in below Wall Street's target, the company delivered some news that excited investors.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
With its Q2 report, Teva announced non-GAAP (adjusted) earnings of $0.02 per share -- a performance that fell far short of the average ***** yst estimate's call for adjusted earnings per share of $0.11 in the period. Meanwhile, sales in the period came in at $4.1 billion and surpassed the average ***** yst target by roughly $70 million. The generic drug leader's revenue was still down roughly 1% year over year in the period, but the decline was softer than expected -- and investors saw promise in the company's guidance and a significant new development for the stock.
For the full-year period, Teva is guiding for adjusted earnings to be between $1.91 per share and $2.11 per share after accounting for closing and administrative costs stemming from its acquisition of Emalex. Meanwhile, the average ***** yst estimate had called per-share earnings of $2.16 for the year. The company also guided for sales to come in between $16.5 billion and $16.85 billion. For reference, the average Wall Street estimate had targeted sales of $16.63 billion.
#period #earnings #NVIDIA #billion
3 months ago
Shares of D-Wave Quantum (NYSE: QBTS) jumped Monday morning on the announcement that AT&T (NYSE: T) is expanding its use of the company's quantum computing technology across its network operations. This is excellent news in a rough year for D-Wave's stock, which is down more than 26% in 2026.
So should investors buy D-Wave Quantum's stock now?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
This new agreement with AT&T expands on a pilot program that demonstrated D-Wave's annealing quantum computing cut processing time for a network optimization workload by 240x, from approximately one hour to 15 seconds.
Ultimately, this result with AT&T could catalyze D-Wave as other companies take notice of the real-world results from the pilot program. The quantum computing industry as a whole could use a boost, having largely lost investor enthusiasm this year after a 2025 run-up.
#NYSE
So should investors buy D-Wave Quantum's stock now?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
This new agreement with AT&T expands on a pilot program that demonstrated D-Wave's annealing quantum computing cut processing time for a network optimization workload by 240x, from approximately one hour to 15 seconds.
Ultimately, this result with AT&T could catalyze D-Wave as other companies take notice of the real-world results from the pilot program. The quantum computing industry as a whole could use a boost, having largely lost investor enthusiasm this year after a 2025 run-up.
#NYSE
3 months ago
Warren Buffett stands as one of the most celebrated investors in history. Under his leadership at Berkshire Hathaway beginning in 1965, the investment conglomerate delivered a compound annual gain of 19.7% through 2025, almost double the S&P 500's (SNPINDEX: ^GSPC) 10.5% average annual return over the same period.
That performance turned modest early investments into generational wealth for patient shareholders, validating Buffett's reputation for focusing on long-term value rather than short-term profits.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One tool the Oracle of Omaha has long employed for gauging the health of the stock market is the aptly named Buffett indicator, which compares the total value of U.S. stocks to gross domestic product (GDP). Its currently elevated reading raises questions about whether stocks are outrunning underlying economic growth and what that could signal for future returns.
The Buffett indicator is a ratio between the aggregate market capitalization of all publicly traded U.S. companies -- typically captured by a broad index such as the Wilshire 5000 -- and nominal U.S. GDP. This metric offers a snapshot of how large the stock market has become relative to the size of the economy that ultimately supports corporate profits.
#total
That performance turned modest early investments into generational wealth for patient shareholders, validating Buffett's reputation for focusing on long-term value rather than short-term profits.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One tool the Oracle of Omaha has long employed for gauging the health of the stock market is the aptly named Buffett indicator, which compares the total value of U.S. stocks to gross domestic product (GDP). Its currently elevated reading raises questions about whether stocks are outrunning underlying economic growth and what that could signal for future returns.
The Buffett indicator is a ratio between the aggregate market capitalization of all publicly traded U.S. companies -- typically captured by a broad index such as the Wilshire 5000 -- and nominal U.S. GDP. This metric offers a snapshot of how large the stock market has become relative to the size of the economy that ultimately supports corporate profits.
#total
3 months ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry ****** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Bank OZK reduced real estate loans to 47% of its portfolio in Q2 2026, from 52% in Q1.
CRE charge-offs and nonperforming ****** ets climbed, with foreclosures concentrated in office and life sciences.
Major competitors like Goldman Sachs and Bank of America expanded their CRE lending, diverging from OZK's pullback.
Bank OZK is taking a defensive stance on commercial real estate. According to Bisnow, the Arkansas-based lender trimmed the share of real estate loans in its total portfolio to 47% in Q2 2026—down markedly from 52% the quarter prior, and now trending well below its historical average. This reduction aligns with a plan outlined by the bank in December to shed nonperforming real estate ****** ets, even as lending peers broaden their exposure. The cautious approach stands in stark contrast to strategies at other national banks, many of which are stepping up CRE lending amid renewed market optimism and a resurgence in certain ****** et classes.
#real #bank #market
Bank OZK reduced real estate loans to 47% of its portfolio in Q2 2026, from 52% in Q1.
CRE charge-offs and nonperforming ****** ets climbed, with foreclosures concentrated in office and life sciences.
Major competitors like Goldman Sachs and Bank of America expanded their CRE lending, diverging from OZK's pullback.
Bank OZK is taking a defensive stance on commercial real estate. According to Bisnow, the Arkansas-based lender trimmed the share of real estate loans in its total portfolio to 47% in Q2 2026—down markedly from 52% the quarter prior, and now trending well below its historical average. This reduction aligns with a plan outlined by the bank in December to shed nonperforming real estate ****** ets, even as lending peers broaden their exposure. The cautious approach stands in stark contrast to strategies at other national banks, many of which are stepping up CRE lending amid renewed market optimism and a resurgence in certain ****** et classes.
#real #bank #market
4 months ago
The company issued a statement after a sharp increase in trading volume, saying it is unaware of any undisclosed developments that would explain the recent market activity.
Zhengye Biotechnology (NASDAQ:ZYBT) said it is not aware of any material non-public information behind recent share price and trading volume movements.
The Zhengye unusual trading activity statement follows increased market activity in the company's Class A ordinary shares.
Management said business operations continue as normal, with no undisclosed corporate events or transactions.
The company confirmed it has been in contact with Nasdaq regarding the recent trading activity.
#activity
Zhengye Biotechnology (NASDAQ:ZYBT) said it is not aware of any material non-public information behind recent share price and trading volume movements.
The Zhengye unusual trading activity statement follows increased market activity in the company's Class A ordinary shares.
Management said business operations continue as normal, with no undisclosed corporate events or transactions.
The company confirmed it has been in contact with Nasdaq regarding the recent trading activity.
#activity
4 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
New York Gov. Kathy Hochul, on Tuesday, reportedly ordered the nation's first statewide pause on new hyperscale data centers, temporarily halting environmental permits for up to a year.
The freeze is intended to give the state time to develop rules that protect the environment, the power grid, and consumers' electricity costs. Hochul announced a pause on approving large data centers that consume 50 megawatts or more of power, citing concerns over rising utility bills, strain on natural resources, and uncertainty for residents, reported The Hill, citing a statement from the Governor's office.
She said the state would use the pause to develop what she called the nation's "strongest standards" for future data center development.
Don't Miss:
New York Gov. Kathy Hochul, on Tuesday, reportedly ordered the nation's first statewide pause on new hyperscale data centers, temporarily halting environmental permits for up to a year.
The freeze is intended to give the state time to develop rules that protect the environment, the power grid, and consumers' electricity costs. Hochul announced a pause on approving large data centers that consume 50 megawatts or more of power, citing concerns over rising utility bills, strain on natural resources, and uncertainty for residents, reported The Hill, citing a statement from the Governor's office.
She said the state would use the pause to develop what she called the nation's "strongest standards" for future data center development.
Don't Miss:
4 months ago
Both retailers cater to a pressured consumer, but Dollar Tree's operational cleanup and clearer forward path currently present a more compelling case than Walmart's macro-battered giant.
If you own shares in Walmart (WMT) or Dollar Tree (DLTR), you are making the same fundamental bet: that in a tough economy, the American consumer will flock to value. Both are ****** ans of the same industry, so holding one is an implicit choice over the other. But a sharp divergence in their recent performance, with DLTR gaining while WMT has slipped, forces a forward-looking question: for the same exposure to the value-seeking shopper, which stock is the smarter way to own it from here?
The obvious answer is the bigger, safer Walmart. The surprising truth is that right now, the smaller Dollar Tree is showing more operational control, while Walmart's own management is flagging more acute stress among its core customers.
Guidance Shows Confidence, But The Pressures Differ
The cleanest signal of a company's future is its own forecast. Here, both companies sent a positive message in their latest reports, with each raising its outlook. Walmart boosted its forecast for 2027 net sales and adjusted earnings per share, while Dollar Tree lifted its guidance for 2026 adjusted diluted earnings per share.
If you own shares in Walmart (WMT) or Dollar Tree (DLTR), you are making the same fundamental bet: that in a tough economy, the American consumer will flock to value. Both are ****** ans of the same industry, so holding one is an implicit choice over the other. But a sharp divergence in their recent performance, with DLTR gaining while WMT has slipped, forces a forward-looking question: for the same exposure to the value-seeking shopper, which stock is the smarter way to own it from here?
The obvious answer is the bigger, safer Walmart. The surprising truth is that right now, the smaller Dollar Tree is showing more operational control, while Walmart's own management is flagging more acute stress among its core customers.
Guidance Shows Confidence, But The Pressures Differ
The cleanest signal of a company's future is its own forecast. Here, both companies sent a positive message in their latest reports, with each raising its outlook. Walmart boosted its forecast for 2027 net sales and adjusted earnings per share, while Dollar Tree lifted its guidance for 2026 adjusted diluted earnings per share.
4 months ago
July 10 (Reuters) - Circle said on Friday it has received a final regulatory approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, sending the stablecoin giant's shares surging 10% in premarket trading.
Here are some details:
• The charter allows Circle to act as custodian for its own reserves and hold crypto ****** ets on behalf of institutional clients.
• "OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital ****** ets into the core of the U.S. financial system," Circle CEO Jeremy Allaire said in a statement.
• Circle said the approval places its trust bank under direct federal oversight by the OCC, the primary regulator for lenders and national trust banks.
Here are some details:
• The charter allows Circle to act as custodian for its own reserves and hold crypto ****** ets on behalf of institutional clients.
• "OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital ****** ets into the core of the U.S. financial system," Circle CEO Jeremy Allaire said in a statement.
• Circle said the approval places its trust bank under direct federal oversight by the OCC, the primary regulator for lenders and national trust banks.
4 months ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
It's not just real estate that's all about location, location, location.
Many clients worry they won't have enough money saved to retire comfortably, ******* uming they'll need more than $1 million by the time they leave the workforce. But where they spend their golden years can make a huge difference. Required nest eggs vary by hundreds of thousands of dollars depending on the state, according to an Investopedia ******* ysis of federal data. ******* uming the traditional 4% withdrawal rule, the typical American couple needs about $1.16 million saved for retirement, below the $1.46 million that Northwestern Mutual estimated earlier this year. But maybe there is no magic number.
"Chasing one is how good savers end up anxious," said Jim Crider, founder of Intentional Living FP. Having a target early on is helpful, he said, but eventually advisors should shift the conversation toward taxes, withdrawal sequencing and spending habits. "The number also becomes a treadmill. Someone hits it and immediately moves the goalposts because the number was never connected to a life they actually wanted."
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
It's not just real estate that's all about location, location, location.
Many clients worry they won't have enough money saved to retire comfortably, ******* uming they'll need more than $1 million by the time they leave the workforce. But where they spend their golden years can make a huge difference. Required nest eggs vary by hundreds of thousands of dollars depending on the state, according to an Investopedia ******* ysis of federal data. ******* uming the traditional 4% withdrawal rule, the typical American couple needs about $1.16 million saved for retirement, below the $1.46 million that Northwestern Mutual estimated earlier this year. But maybe there is no magic number.
"Chasing one is how good savers end up anxious," said Jim Crider, founder of Intentional Living FP. Having a target early on is helpful, he said, but eventually advisors should shift the conversation toward taxes, withdrawal sequencing and spending habits. "The number also becomes a treadmill. Someone hits it and immediately moves the goalposts because the number was never connected to a life they actually wanted."
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
4 months ago
By Exec Edge Editorial Staff
AZA Law Firm opened its Dallas office at the Trammell Crow Center on January 1, 2026. The launch ended 32 years of Houston-only practice. Six months in, the office is tracking the public timeline managing partner John Zavitsanos set when the lease was signed: from five lawyers at launch to ten by year-end.
The expansion is intellectual property-led. Patent cases drive more volume in Dallas than in Houston because of the Eastern District of Texas docket, and AZA Law Firm's IP practice had grown to the point where opening a North Texas office was a logical next step. "At least for patent cases, there's more going on in Dallas than there is in Houston," Zavitsanos said in an interview with The Texas Lawbook. "It made sense to have a Dallas office because our IP practice is blowing up."
Warren McCarty, formerly a partner at Caldwell Cassady & Curry, runs the Dallas office as managing partner. McCarty spent 11 years at Caldwell before briefly launching his own firm in June 2025. Several months later, he joined AZA Law Firm to take on the Dallas role. He is a graduate of Illinois State University and the University of Virginia School of Law, where he was a law school classmate of Jason McManis, who leads AZA's intellectual property group.
Kyle Poelker, an AZA partner from Houston, runs commercial litigation in the new office. Poelker was on the trial team for the firm's $25.9 million Fondren Orthopedic v. HCA verdict in 2024, the largest 2024 Harris County jury verdict in three commercial categories. His move to Dallas pairs commercial litigation experience with McCarty's patent-trial background and gives the new office practice coverage on both sides of AZA Law Firm's caseload.
AZA Law Firm opened its Dallas office at the Trammell Crow Center on January 1, 2026. The launch ended 32 years of Houston-only practice. Six months in, the office is tracking the public timeline managing partner John Zavitsanos set when the lease was signed: from five lawyers at launch to ten by year-end.
The expansion is intellectual property-led. Patent cases drive more volume in Dallas than in Houston because of the Eastern District of Texas docket, and AZA Law Firm's IP practice had grown to the point where opening a North Texas office was a logical next step. "At least for patent cases, there's more going on in Dallas than there is in Houston," Zavitsanos said in an interview with The Texas Lawbook. "It made sense to have a Dallas office because our IP practice is blowing up."
Warren McCarty, formerly a partner at Caldwell Cassady & Curry, runs the Dallas office as managing partner. McCarty spent 11 years at Caldwell before briefly launching his own firm in June 2025. Several months later, he joined AZA Law Firm to take on the Dallas role. He is a graduate of Illinois State University and the University of Virginia School of Law, where he was a law school classmate of Jason McManis, who leads AZA's intellectual property group.
Kyle Poelker, an AZA partner from Houston, runs commercial litigation in the new office. Poelker was on the trial team for the firm's $25.9 million Fondren Orthopedic v. HCA verdict in 2024, the largest 2024 Harris County jury verdict in three commercial categories. His move to Dallas pairs commercial litigation experience with McCarty's patent-trial background and gives the new office practice coverage on both sides of AZA Law Firm's caseload.
