On September 9, 2026, Apple Inc. (NASDAQ:AAPL) unveiled the iPhone Duo, its first foldable smartphone and the biggest change to the iPhone's design in nearly 20 years, at the first product launch event led by new CEO John Ternus since he succeeded Tim Cook on September 1. The book-style, passport-shaped device opens into a 7.6-inch display, Apple's largest ever, starts at $1,999 for the 256-gigabyte model and rises to $3,199 for 2 terabytes of storage. This makes it the most expensive iPhone Apple has ever sold, with availability set for October 23.
The iPhone Duo gives Apple Inc. (NASDAQ:AAPL) a new premium growth opportunity in a mature smartphone market. Apple entered the foldable market with the $1,999 Duo. It creates a new high-end product category within its largest hardware franchise. ******* ysts expect Apple to take a real share of the foldable market. The firm's brand strength and large installed base could help speed up use of foldable smartphones.
The Duo creates a materially different iPhone experience that could encourage upgrades and attract Android users. The device opens to a 7.6-inch display, supports side-by-side multitasking, and offers a tablet-like experience in a pocketable design. Apple also shows the Duo's ******* anium frame, custom hinge, A20 Pro chip, and Apple Intelligence features. It gives customers several reasons to pay a substantial premium for the new form factor.
The launch solidifies Apple's hardware innovation strategy under new CEO John Ternus. The Duo represents Apple's most significant iPhone redesign since the iPhone X. It gives Ternus an opportunity to reignite enthusiasm around the company's hardware portfolio. The product also expands Apple's ability to monetize its ecosystem through higher-value hardware, services, and accessories as customers spend more time using a larger, more versatile iPhone.
The $1,999 starting price could keep the Duo a niche product. Reuters reported that the global foldable market could account for less than 3% of smartphone sales in 2026. ******* ysts expect only about 6 million Duo units as Apple Inc. (NASDAQ:AAPL) enters the category. Even strong market share would turn into a relatively small contribution compared with Apple's broader iPhone business.

#iphone #aapl

Key Takeaways
A trader known as SmokΞy bought $2,368 worth of MarsCoin at launch and saw the position briefly reach $680,500.
Arkham says the trader bought more than 6 million MARSCOIN when its market cap was around $390,000 and has not sold any.
The roughly 287x return remains unrealized, with the position already swinging by more than $150,000 as MarsCoin's price fluctuates.
A $2,368 bet on MarsCoin briefly turned into more than $680,000 in less than two months, without the trader selling a single token.

#takeaways

The dollar index (DXY00) climbed to a 2-week high today and is up by +0.09%. The dollar is climbing today on signs of US economic growth after Aug retail sales rose more than expected. The dollar also has support on expectations that the Fed will raise interest rates by 25 bp at today's FOMC meeting.
Higher stocks today have curbed demand for dollar liquidity. Also, the larger-than-expected decline in the Sep NAHB housing market index is negative for the dollar. In addition, today's -2% decline in WTI crude oil lowers inflation expectations and is dovish for Fed policy and bearish for the dollar.
Dollar Rises on Surging Crude Prices and T-Note Yields
Dollar Supported by Higher Crude Prices and T-Note Yields
Dollar Soars as Fed Hikes Rates and Signals More to Come

#today #higher #note #rates

Digital Realty Trust, Inc. (NYSE:DLR) announced the opening of its 6.4-megawatt NBO2 data center in Nairobi on September 7, expanding the campus alongside NBO1. The opening coincides with subsidiary iColo's transition to the parent's brand in Kenya and Mozambique.
The attraction extends beyond additional server ****** e. Customers can access the campus's community of more than 100 networks, two internet exchanges and a satellite teleport, which connects terrestrial networks with satellite services. These are connectivity options, not a disclosure of NBO2's leased capacity or customer count.
For Digital Realty Trust, Inc. (NYSE:DLR), the opportunity is to turn that concentration of networks into recurring customer relationships. The opening announcement did not disclose development cost, pre-leasing, occupancy, or expected revenue, leaving the financial payoff unresolved.
Interconnection can give customers a reason to choose a facility beyond price. Physical connections between customers and network providers can reduce latency and support more reliable data exchange. For businesses serving several markets, having carriers and partners close together can simplify how traffic moves between them.
That creates a potential network effect for Digital Realty Trust, Inc. (NYSE:DLR). More useful connections can attract additional customers, making the location more valuable to others. Once customers build several connections into their operations, relocating can become more disruptive. The resulting retention advantage could support recurring revenue, although it remains an investment thesis rather than a demonstrated NBO2 result.

#digital #connections

Lake Forest, Illinois-based W.W. Grainger, Inc. (GWW) distributes maintenance, repair, and operating products and services primarily in North America and internationally. The company has a market cap of $62.4 billion and operates through two segments, High-Touch Solutions North America and Endless ****** ortment, and provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." GWW fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the industrial distribution industry.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why ****** ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock

#market #maintenance #lake #forest

Akshay Sapra lost more than 350,000 Canadian dollars — roughly $250,000 — in about a week of day trading ******* eX. But he's planning to keep trading. "The highs are too good," he said.
The way he sees it, his errors are emotional, impulsive trades, and his fix is to post every trade he makes on a stream or YouTube channel, so an audience can stop him.
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

#sapra #jeff #dave

Global hyperscalers and enterprise buyers are committing record capital to artificial intelligence (AI) data centers, creating extraordinary demand for high-end GPUs and networking equipment. As the dominant supplier of AI accelerators, Nvidia is at the heart of this spending wave.
Nvidia's latest results only strengthened that case when the company surpassed its Q2 FY2027 top- and bottom-line expectations. Moreover, management added that demand continues to outpace supply, meaning available capacity, not customer appetite, is currently the more pressing limitation.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity
Why **** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here

#demand

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you use a rewards credit card, you're more like a millionaire than you may think. Although most adults have credit cards, millionaires are even more likely to use them. According to the Federal Reserve, almost all adults with incomes over $100,000 have a credit card in their name.
But if millionaires are so wealthy, why do they rely on credit? Credit cards provide plenty of benefits, even for the super-wealthy. However, you don't need a seven-figure net worth to take advantage of those benefits.
Dig deeper: Our top picks for best credit card
Millionaires use credit cards thanks to the convenience and perks they provide. These are some of the key benefits of using a credit card — even for people who can easily afford any purchase in cash:

#even #benefits #adults #wealthy

Sept 01, 2026, 8:40 am EDT
Shein stock had a trading debut to forget on Tuesday, summing up the waning fortunes of a company that was at one point expected to upend the
entire fast-fashion market
.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

#shein #tuesday #reserved

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters.
J.P. Morgan Securities filed a motion Tuesday to hold Christopher J. Lee, a former advisor, in contempt of court for allegedly violating a temporary restraining order that barred him from soliciting clients on behalf of Morgan Stanley, his new employer.
The motion, which was filed in the Supreme Court in the State of New York, was followed on Wednesday by the judge's order to show cause for contempt, requiring Lee to appear in court on Sept. 23 to explain his actions.
In the contempt motion, J.P. Morgan claims Lee emailed JPM clients after the TRO was in place, sending them a "blatant sales pitch, numerous Morgan Stanley Smith Barney marketing materials, and promises to 'follow up.' These clients were never 'his' clients to take; they are JPMorgan clients whom Lee serviced and/or learned of only through his employment."
"The record demonstrates Mr. Lee brazenly disregarded the Court's order and continued to engage in solicitation of JPMorgan's clients. We trust the Court will see the facts similarly and dispense consequences accordingly," said Pablo Rodriguez, spokesperson for J.P. Morgan Wealth Management.

#morgan #court #wealthmanagement #stanley

NVDA's $82B quarter dwarfs CBRS's $210M, but Cerebras's 103% growth and $25.4B backlog signal a credible inference speed challenger.
NVIDIA's 75% gross margins and $48B quarterly free cash flow cement it as the anchor, while Cerebras offers higher-variance upside on inference speed.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Cerebras Systems (NASDAQ: CBRS) and NVIDIA (NASDAQ: NVDA) delivered post-earnings reports showing two distinct AI compute visions. NVIDIA reported a $81.61 billion quarter powered by full-stack AI factories. Cerebras, fresh off its IPO, bets on wafer-scale inference speed. The results make a direct comparison unusually relevant.
NVIDIA's Q1 FY27 earnings were dominated by Data Center revenue of $75.246 billion, up 92% year over year, with networking growing 199%. Jensen Huang stated "Demand has gone parabolic." Blackwell Ultra swept every MLPerf inference benchmark, and Vera Rubin production begins in the second half of fiscal 2027.

#NVIDIA #full #earnings

After a dizzying week centered on mixed retail earnings, rising bond yields, and a surprise intervention from the Treasury Department, investors step into another action-packed five-day stretch. The president plans to unveil an economic battle plan against Iran, AI kingpin Nvidia (NVDA) will report earnings to punctuate Big Tech's quarter, and all-important inflation data will arrive to steer the Fed on its next rate-setting journey. Economists and central bankers will huddle at the Jackson Hole Symposium, too.
The S&P 500 (^GSPC) closed out Friday up 0.4% for a loss of 1.4% on the week. The Dow (^DJI) rose 1% to close the week on a loss of 0.9%. And the Nasdaq (^IXIC) increased 0.4% but shed 2% on the week.
Retailers across the budget spectrum will continue the stretch of earnings offering insight into the American consumer. ****** 'S Sporting Goods (DKS) will report on Tuesday, followed by Five Below (FIVE), Urban Outfitters (URBN), and Bath & Body Works (BBWI) on Wednesday. Ulta Beauty (ULTA) will share results on Thursday after major retailers last week spotlighted beauty as a growth center. And Dollar General (DG) and Dollar Tree (DLTR) will shed light on how strongly middle- and higher-income Americans are trading down and hunting for bargains. But perhaps the most attention will land on Nvidia, reporting on Wednesday, in a test of the comeback AI trade.
The economic data front is just as busy. The Chicago Fed will kick the week off delivering the national activity index. Tuesday will feature the Conference Board's consumer confidence surveys. And then all eyes will turn to the Fed's preferred inflation gauge, the PCE price index, on Wednesday, helping to define which way the central bank will go at its next policy meeting in September. The University of Michigan's consumer surveys on inflation expectations and the broader economy will round out the week.
The last of the "Magnificent Seven" is set to report on Wednesday in what amounts to a test of the once flagging but now resurgent AI trade.

#wednesday #earnings

For economist Mohamed El-Erian, sky-high interest rates on U.S. bonds are the harbinger of an even greater affordability crisis.
"This is no ordinary bond-market sell-off," El-Erian announced in his latest opinion piece for The New York Times. The former PIMCO CEO argued that, if selling pressure on bonds continues, "it could mark the beginning of a structural economic shift more enduring and more globally consequential than most previous episodes of market volatility."
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

#erian #mohamed #york #pimco

This year's rally is no longer just a megacap story. Now the calendar is pushing back.
The S&P 500 Equal-Weighted Index (^SP500EW) is up about 15% in 2026, beating the roughly 12% gain for the standard S&P 500 (^GSPC).
That distinction is useful here. The standard S&P 500 gives its biggest companies the most influence, while the equal-weight version gives each stock the same weight. In other words, it is a better look at how the average S&P 500 stock is doing.
And lately, the average stock has been doing quite well. The broader rally has helped push some of Wall Street's riskiest trades back to the top.
But BTIG technical strategist Jonathan Krinsky sees a tougher stretch of the calendar arriving right on schedule.

#standard #gives #doing

Texas Pacific Land Corporation (TPL), headquartered in Dallas, Texas, owns and manages tracts of land and resource, and water services and operations businesses in Texas. Valued at $24.7 billion by market cap, the company's income is derived from land sales, oil and gas royalties, grazing leases, and interest.
Shares of this leading owner of oil and gas surface acreage and subsurface mineral interests have outperformed the broader market over the past year. TPL has gained 22.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.4%. In 2026, TPL stock is up 25%, surpassing the SPX's 13.7% rise on a YTD basis.
Wall Street Thinks Monolithic Power Is a Buy. Here's Why It Might Be Right.
Crude Prices Slightly Lower as Oil Supplies Transit Through the Persian Gulf
Crude Prices Jump as US-Iran War at a Standstill

#pacific #dallas

Demand for critical minerals is growing as electric vehicles, artificial intelligence infrastructure, defense systems, and renewable energy projects require increasing amounts of rare-earth and battery metals. And that's put companies such as MP Materials (NYSE: MP) and The Metals Company (NASDAQ: TMC) squarely in the spotlight. Both operate in the critical minerals ****** e, but they do represent two very different investment stories.
MP Materials owns the Mountain Pass mine in California, the only integrated rare-earth mining and processing operation in the United States. The company has spent the past several years transforming itself from simply mining rare-earth concentrate into producing higher-value rare-earth oxides, metals, and permanent magnets used in electric vehicles, robotics, and defense applications.
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 »
And that transition is beginning to show up in the financials. Q2 2026 revenue climbed 89% year over year to $108.5 million, driven by higher sales of neodymium-praseodymium (NdPr) oxide and metal, which is used to build some of the world's strongest permanent magnets. These magnets are integral to the manufacturing of EVs, wind turbines, robotics, and defense systems.
MP also enjoys a strategic advantage that few mining companies can match. The U.S. government has become an active supporter of domestic rare-earth production as policymakers work to reduce dependence on China, which currently dominates global processing capacity. Government price support agreements and long-term supply contracts provide MP with a degree of visibility that many commodity producers lack.

#rare #earth #defense #materials

Nvidia (NASDAQ: NVDA) will report its second-quarter results on Aug. 26, and there's plenty of reason for optimism. The company is the leading maker of the processors that power artificial intelligence workloads, and it remains the world's largest company by market cap.
Nvidia has a history of delivering quarterly results that exceed ****** ysts' expectations, and another solid report could send the chipmaker's stock soaring. Cathie Wood, CEO of Ark Invest, is apparently counting on that -- she has been scooping up shares. Over three recent trading days -- July 28, Aug. 5, and Aug. 10 -- she bought $59.9 million of Nvidia stock for her firm's exchange-traded funds (ETFs).
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 »
Ark Exchange-Traded Fund
July 28 Purchase

#NVIDIA #july #Stock

Engineering firm Aecom (NYSE: ACM) stock tumbled 5.5% through 10:25 a.m. ET Tuesday after missing badly on earnings last night.
Heading into the report, ***** ysts forecast Aecom would earn $1.51 per share in its fiscal Q3 2026. Instead, Aecom reported a $0.50 per share loss. Crazily, this came in a quarter when Aecom's revenue -- $3.6 billion -- was 80% more than the $2 billion Wall Street expected!
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 »
Even $3.6 billion represented a 14% decline in revenue for Aecom year over year. Worse, the work Aecom did was unprofitable. Operating earnings ran negative, non-GAAP earnings were the $0.50 loss noted above, and GAAP results showed an even bigger net loss: $0.65 per share.
Even the good news at Aecom was kind of bad. Aecom generated positive free cash flow of $55 million in the quarter. However, this was 79% less free cash flow than the company generated a year ago.

#aecom #earnings #year

Strategy sold Bitcoin at roughly $64,000 per coin to fund preferred stock dividends, taking a 15% loss on its $75,000 average cost.
STRC preferred stock has rebounded 35% from its June low to $95, and Saylor wants it at $100 before buying Bitcoin again.
Saylor rebranded Strategy from a bitcoin treasury company to a Digital Credit Framework, shifting priority from accumulating Bitcoin to servicing debt obligations.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn't make the cut. Grab the names FREE today.
Bitcoin treasury companies built their entire investment case on one promise: buy and hold, forever. Strategy (NASDAQ:MSTR) was the company that made that thesis famous -- and lately, the company that's been quietly breaking it.

#company

Regional banks are getting a boost as the AI gold rush spills out beyond Wall Street.
Activity among manufacturers, equipment suppliers, and other large and midsize firms that borrow from regional banks is heating up. That's adding to investor hopes that regional lenders with sizable commercial banking arms have another growth stream, even if they are largely sitting out of the data center financing boom.
The State Street SPDR S&P Regional Banking ETF (KRE) traded near a record high earlier this week. Since the start of the year, it has climbed 17%, outperforming major stock indexes.
Demand for commercial and industrial loans strengthened in the second quarter. A net 16.1% of banks reported higher demand from large and midsize companies, up from 4.8% in the previous quarter, according to the Federal Reserve's senior loan officer survey.
Bank loan officers said increased investment in plants and equipment and greater financing needs for inventories were among the reasons companies were borrowing more.

#regional #banking #midsize #financing

After announcing plans to close hundreds of underperforming locations in the first half of 2026, a fast-food burger chain has revealed major changes across its business, including the possibility of additional restaurant closures, as it works to reverse ongoing declines in traffic and sales.
The company has also acknowledged that its focus on cost and efficiency has, in some cases, weakened the brand's differentiation, a challenge it now faces as competition in the restaurant industry grows.
The chain is also facing challenges with customer satisfaction. Wendy's scored 77 out of 100 in the American Customer Satisfaction Index (ACSI), placing it below several major fast-food rivals in the 2026 rankings.
Wendy's (WEN) is taking action after reporting its sixth consecutive quarter of declines, launching a major turnaround plan and updating its capital allocation strategy to provide the flexibility needed to support that effort.
"Today we are clearly not performing at our potential," said Wendy's President and CEO Bob Wright in the company's second-quarter fiscal 2026 earnings release. "I returned to Wendy's because I believe we can fix our issues and I am excited to work with our team and our franchisees to drive a strong turnaround."

#chain #declines

Kempczinski tied McDonald's disappointing quarterly results directly to elevated gas prices disproportionately squeezing low-income consumers.
Wendy's, Chipotle, and Burger King have all reported that low-income customer pullback is dragging down their same-store sales.
The k-shaped economy now threatens every fast-food chain that depends on lower-income Americans as its core customer base.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and McDonald's didn't make the cut. Grab the names FREE today.
McDonald's (NYSE: MCD) said its quarterly results were less than acceptable for several reasons. First, it had too many promotions offered to customers. Thus, customers got confused, and the number of promotions also appeared to slow service.

#quarterly #promotions

Fortinet, Inc. (FTNT), headquartered in Sunnyvale, California, provides cybersecurity and convergence of networking and security solutions. Valued at $111.6 billion by market cap, the company offers network security appliances, software, and subscription services. Fortinet systems integrate the industry's broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (IPS), web filtering, antispam, and traffic shaping.
Shares of this cybersecurity giant have outperformed the broader market over the past year. FTNT has gained 43% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.3%. In 2026, FTNT stock is up 88.9%, surpassing SPX's 8.5% rise on a YTD basis.
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock
Broadcom Leads 3 AI Stocks Quietly Raising Their Dividends, One by 161%

#security #fortinet

Sometimes the biggest investment winners don't come from Wall Street. They come from the family dinner table.
Before Amazon (AMZN) became one of the world's most valuable companies, Amazon founder Jeff Bezos spent months trying to convince people to back an online bookstore that few believed had much of a future. He has said he pitched roughly 60 investors. About 40 declined. Only around 20 agreed to invest. Among them were his younger brother, Mark Bezos, and his sister, Christina Bezos Poore.
Billionaire Charlie Munger Said Your First $100K Is the Key to Getting Rich — 'I Don't Care What You Have to Do ... Find a Way.' Then You Can 'Ease Off the Gas a Little.'
Why This ****** yst Is Betting AMD Stock Can Hit $1,250 in the Next Year
Dear Bloom Energy Stock Fans, Mark Your Calendars for July 28

#don 't #come

The EMA GARP Fund, managed by Equity Management ****** ociates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact of passive ETF flows, fiscal deficits, and inflationary policies. For the quarter, the Fund's value decreased by 20.00%, and it is down 21.96% for the first half of the year, even though AI and related growth stocks were prominent during Q2. Additionally, the firm identified precious metals miners as a potentially strong investment, noting that they are significantly undervalued and present substantial asymmetrical opportunities. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, the EMA GARP Fund highlighted Aris Mining Corporation (NYSE:ARIS). Aris Mining Corporation (NYSE:ARIS) is a Canadian gold miner that engages in the acquisition, exploration, development, and operation of gold properties. On July 27, 2026, Aris Mining Corporation (NYSE:ARIS) closed at $14.86 per share, reflecting a market capitalization of $3.06 billion. Aris Mining Corporation (NYSE:ARIS) posted a one-month return of -0.34%, while its shares gained 106.68% over the past 52 weeks.
The EMA GARP Fund stated the following regarding Aris Mining Corporation (NYSE:ARIS) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris Mining Corporation (NYSE:ARIS) and Avino. Crazy cheap and massive asymmetry.
Aris is an emerging mid-tier producer with two operating mines in Colombia (Marmato and Segovia) and two large development projects, one in Colombia and one in Guyana. In 2025, they produced 257,000 ounces of gold. Their average selling cost was $3,526/ounce and their average mining cost (AISC) was $1,705/ounce. So, their gross mine profit was $467 million. In 2026, they have guided production between 300,000 and 350,000 ounces at similar costs. The mid-point of guidance equals a 26% growth in ounces produced. They have plans to increase the production in the existing mines after 2026 and their target is to become a 1 million ounce producer within 5 years. In the Q1 2026, they generated EBITDA of $212 million (a run rate of $800 million per year which is the same as the Bloomberg consensus estimates). So, the Company is trading at only 3.75x EBITDA. This compares favorably to the average EBITDA multiple of the S&P 500 which is currently 17x and even more so compared to the MAG-7 stocks which trade at an average multiple of 28x..." (Click here to r

PFF pays 5.52% annually on preferred stocks, but actively managed PFFA nearly doubles that yield to 9.85% via leverage and higher-coupon holdings.
PFFA's 2.11% expense ratio and leverage amplify both income and drawdown risk, making it better suited for cash-flow seekers than capital-preservation investors.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Investors who bought the iShares Preferred & Income Securities ETF (NASDAQ:PFF) did so for one reason: steady monthly income from a diversified pool of preferred stocks, without picking individual issues. PFF is the largest preferred ETF on the market at $13.548 billion in ******* ets, charges 0.45%, and has paid a monthly distribution since 2007. The problem is the paycheck. At a 5.52% dividend yield, a $100,000 stake in PFF generates roughly $5,500 a year. For a reader who wants closer to $10,000 on the same balance, an actively managed cousin from Virtus deserves a look.
The preferred-stock fund tracks the ICE Exposure-Weighted U.S. Preferred Stock Index, which is dominated by bank and insurance preferreds. The top of the book reads like a who's who of U.S. financials: Boeing at 3.98%, plus large positions across Bank of America, JPMorgan, Morgan Stanley, and Goldman Sachs preferred series. The exposure is diversified, the beta is low at 0.53, and the price barely moves. That is the appeal and the ceiling.

#yield

US-based accounting and professional services company CliftonLarsonAllen (CLA) is set to use Digits' AI-native accounting platform to develop and train a "proprietary firm model".
Under the arrangement, Digits will supply its platform and model-training technology while CLA will contribute the technical expertise needed to shape and train the model.
Both companies plan to roll out CLA-trained AI capabilities to current and future clients over the next three years.
Digits founder and CEO Jeff Seibert said: "Business owners depend on their accountants for financial judgment, guidance, and peace of mind.
"And few firms deliver on that with the scale, tenure, and client empathy that CLA brings.

#platform #cliftonlarsonallen #business #based

Polygon Labs announced a fresh round of layoffs on July 16.
This comes as the firm behind the Polygon (POL) blockchain moves to close its acquisition of crypto exchange Coinme and complete its transformation from a "blockchain foundation" into a blockchain-enabled payments company.
CEO Marc Boiron said on X that integrating the Coinme team is part of a broader merger exercise aimed at making Polygon Labs profitable in 2027, and that the company decided to part with many colleagues as it completes the shift.
Related: Polygon CEO explains strategy behind $250M acquisition of Coinme, Sequence
The firm is offering severance and support, and some affected employees will stay on temporarily during a transition period.

Now is a great time for an executive to blame AI disruption for a bad quarter and a poor outlook.
Everyone seems to be doing the same.
Quick insight: If there has been one constant on earnings calls this year, it's talk of AI disrupting the way companies do business.
The Deutsche Bank team found that mentions of AI disruptions during earnings calls jumped to a record 780 in the first half of 2026, a 310% surge from the second half of 2025.
In the first half of the year alone, there were more mentions of AI disruptions than in the previous three years combined.

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter.
Santa Fe, New Mexico-based Century Bank said Friday that it was "not involved" in the proposed sale of its shares to Oklahoma City-based Bank7, announced the previous day.
Bank7 said Thursday that it would buy a controlling interest – 71% – in Century Bank, for $68 million.
But Bank7 said it's going to purchase the shares in a court-ordered sale, and that it's technically a "stalking horse" bidder.
Century's majority shareholders, Gerald and Kathleen Peters, own roughly 44% of the bank, but they defaulted on $37 million in loans from another bank. Their stake in Century, and a related shareholder's 27% stake, were collateral, according to court documents.