2 days ago
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For millions of Americans, handing a driver's license to a rental-car agent, hotel clerk or security guard is a routine transaction that barely warrants a second thought.
But what happens when the system designed to verify your identity becomes a tool that can help criminals steal it?
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
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold
#Gold #rental
For millions of Americans, handing a driver's license to a rental-car agent, hotel clerk or security guard is a routine transaction that barely warrants a second thought.
But what happens when the system designed to verify your identity becomes a tool that can help criminals steal it?
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
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold
#Gold #rental
6 days ago
When a caller inquired about IREN Limited (NASDAQ:IREN) during the lightning round on September 3, Mad Money host Jim Cramer said:
If you're going to do neocloud, you got to do, the only one I like is CoreWeave with Michael Intrator. The others I think are too speculative for me.
The two companies are at different stages of building their AI businesses. CoreWeave, Inc. (NASDAQ:CRWV) reported $2.575 billion of second-quarter revenue, up approximately 112% from a year earlier. Its revenue backlog stood at approximately $104 billion as of June 30, excluding more than $25 billion of additional customer commitments secured in early July. Furthermore, active power reached 1.5 gigawatts, while contracted power rose to approximately 3.7 gigawatts. CEO Michael Intrator said on the company's second-quarter earnings call that "our near-term capacity remains effectively sold out." He also described broadening customer demand and rapidly expanding enterprise adoption.
Meanwhile, IREN Limited's (NASDAQ:IREN) AI Cloud Services revenue reached $128.8 million in fiscal 2026, compared with $16.4 million a year earlier. Total fiscal 2026 revenue was $707 million, including $578.2 million from Bitcoin mining. The company reported $4 billion of contracted AI annualized run rate revenue for 2026 capacity, with $1 billion of operating ARR as of August 26. CEO Daniel Roberts said on August 27 that its 2026 capacity was "largely sold out." Roberts said recent three-year contracts represented more than $20 million of revenue per megawatt and that customer prepayments represented 45%-55% of ****** ociated GPU capital expenditures.
CoreWeave, Inc.'s (NASDAQ:CRWV) capital requirements remain substantial. The company spent $9.4 billion on capital expenditures in the second quarter and raised its 2026 CapEx forecast to $35 billion-$39 billion. It also reported $640 million of net interest expense and a $626 million net loss for the quarter. Total debt stood at $35.6 billion as of June 30.
#billion #revenue
If you're going to do neocloud, you got to do, the only one I like is CoreWeave with Michael Intrator. The others I think are too speculative for me.
The two companies are at different stages of building their AI businesses. CoreWeave, Inc. (NASDAQ:CRWV) reported $2.575 billion of second-quarter revenue, up approximately 112% from a year earlier. Its revenue backlog stood at approximately $104 billion as of June 30, excluding more than $25 billion of additional customer commitments secured in early July. Furthermore, active power reached 1.5 gigawatts, while contracted power rose to approximately 3.7 gigawatts. CEO Michael Intrator said on the company's second-quarter earnings call that "our near-term capacity remains effectively sold out." He also described broadening customer demand and rapidly expanding enterprise adoption.
Meanwhile, IREN Limited's (NASDAQ:IREN) AI Cloud Services revenue reached $128.8 million in fiscal 2026, compared with $16.4 million a year earlier. Total fiscal 2026 revenue was $707 million, including $578.2 million from Bitcoin mining. The company reported $4 billion of contracted AI annualized run rate revenue for 2026 capacity, with $1 billion of operating ARR as of August 26. CEO Daniel Roberts said on August 27 that its 2026 capacity was "largely sold out." Roberts said recent three-year contracts represented more than $20 million of revenue per megawatt and that customer prepayments represented 45%-55% of ****** ociated GPU capital expenditures.
CoreWeave, Inc.'s (NASDAQ:CRWV) capital requirements remain substantial. The company spent $9.4 billion on capital expenditures in the second quarter and raised its 2026 CapEx forecast to $35 billion-$39 billion. It also reported $640 million of net interest expense and a $626 million net loss for the quarter. Total debt stood at $35.6 billion as of June 30.
#billion #revenue
12 days ago
US-based electric utility PG&E and its subsidiary the Pacific Gas and Electric Company have announced a strategic review of the organisation's energy business structure and financing, alongside plans to defer approximately $2bn in planned investment in 2027.
The company stated that the moves are intended to help maintain essential safety investments and compliance standards while reducing near-term borrowing costs for California customers.
A newly formed Strategic Review Committee made up of four independent directors from PG&E's board will lead the review.
The committee will evaluate regulatory, financial, operational and strategic alternatives to determine the best organisation and financing structure for the company.
PG&E said the review will include consultations with regulators, policymakers and stakeholders in California and focus on achieving a financially sound, investment-grade status.
#california
The company stated that the moves are intended to help maintain essential safety investments and compliance standards while reducing near-term borrowing costs for California customers.
A newly formed Strategic Review Committee made up of four independent directors from PG&E's board will lead the review.
The committee will evaluate regulatory, financial, operational and strategic alternatives to determine the best organisation and financing structure for the company.
PG&E said the review will include consultations with regulators, policymakers and stakeholders in California and focus on achieving a financially sound, investment-grade status.
#california
13 days ago
PACS Group, Inc. (NYSE:PACS) shares rose 3.3% in premarket trading on Wednesday after the company announced definitive agreements to acquire the operations of 32 skilled nursing facilities in Florida and completed additional facility acquisitions from Eduro Healthcare.
The Florida facilities comprise 4,049 licensed skilled nursing beds and will be leased from Omega Healthcare Investors, Inc. (NYSE:OHI).
The transaction is expected to close during the fourth quarter, subject to customary closing conditions.
The planned acquisition will mark PACS Group's entry into Florida, extending its southern U.S. operations beyond its existing presence in Texas, South Carolina, Tennessee and Kentucky.
According to PACS, the 32 facilities are integrated into healthcare networks across Florida.
#healthcare #nursing #wednesday
The Florida facilities comprise 4,049 licensed skilled nursing beds and will be leased from Omega Healthcare Investors, Inc. (NYSE:OHI).
The transaction is expected to close during the fourth quarter, subject to customary closing conditions.
The planned acquisition will mark PACS Group's entry into Florida, extending its southern U.S. operations beyond its existing presence in Texas, South Carolina, Tennessee and Kentucky.
According to PACS, the 32 facilities are integrated into healthcare networks across Florida.
#healthcare #nursing #wednesday
14 days ago
First Eagle Investment Management, an investment management company, released its Q2 2026 investor update for "First Eagle Global Fund". The letter can be downloaded here. Easing tensions in the Middle East led to a strong rally in risk markets in Q2. The S&P 500 Index rose 15.2%, while the MSCI EAFE Index gained 10.8%. Growth stocks outperformed, with the MSCI World Growth Index significantly exceeding value returns. A notable shift in U.S. interest rate expectations followed Kevin Warsh's appointment as chair of the Federal Open Market Committee, pushing Treasury yields higher and strengthening the dollar. Despite the optimistic market environment, concerns about fiscal constraints and limited policy flexibility remain. Tighter credit spreads and elevated equity valuations reflect strong demand for financial ****** ets, with household wealth in equities at a post-WWII high. Earnings expectations are buoyant, driven by AI infrastructure developments. Against this backdrop, Global Fund A Shares returned 2.86% in Q2 2026, with emerging markets and developed Europe as the primary contributors. Developed Asia (excluding ****** an) was the only detractor, and ****** an lagged. Information technology and financials led among equity sectors, while materials and energy detracted. The fund underperformed relative to the MSCI World Index during this period. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, First Eagle Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On August 31, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $152.44 per share. The one-month return of Charter Communications, Inc. (NASDAQ:CHTR) was -4.10%, and its shares lost -44.49% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $26.69 billion.
First Eagle Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"The leading detractors in the quarter were gold bullion, Charter Communications, Inc. (NASDAQ:CHTR), HCA Healthcare Inc., Exxon Mobil Corporation and Salesforce.com, Inc. Charter Communications is the second-largest broadband commu nications service company in the US, providing cable broadcasting, internet, voice and mass-media services. Cable providers in general remain under competitive pressure from mobile operators, which are scaling up entry-level fixed wireless service. We continue to view Charter as a high-quality business with difficult-to-replicate ****** ets that generate steady cash flows and returns cash to shareholders."
#charter #global #msci
In its second-quarter 2026 investor letter, First Eagle Global Fund highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) is a US-based broadband connectivity company. On August 31, 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $152.44 per share. The one-month return of Charter Communications, Inc. (NASDAQ:CHTR) was -4.10%, and its shares lost -44.49% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $26.69 billion.
First Eagle Global Fund stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"The leading detractors in the quarter were gold bullion, Charter Communications, Inc. (NASDAQ:CHTR), HCA Healthcare Inc., Exxon Mobil Corporation and Salesforce.com, Inc. Charter Communications is the second-largest broadband commu nications service company in the US, providing cable broadcasting, internet, voice and mass-media services. Cable providers in general remain under competitive pressure from mobile operators, which are scaling up entry-level fixed wireless service. We continue to view Charter as a high-quality business with difficult-to-replicate ****** ets that generate steady cash flows and returns cash to shareholders."
#charter #global #msci
15 days ago
Tesla (NASDAQ:TSLA), the global electric vehicle (EV) and energy storage manufacturer, closed at $367.95, up 5.51%. Investors focused on the upcoming Sept. 3 Cybercab event and renewed interest in FSD and robotaxi plans.
Trading volume reached 60.9 million shares, coming in about 46% above its three-month average of 41.6 million shares. Tesla IPO'd in 2010 and has grown 23,042% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,686, down 0.33%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,371, down 0.12%. Among EV and automotive software peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.06, down 0.06%, and Lucid Group (NASDAQ:LCID) closed at $4.85, down 3.19%.
Tesla CEO Elon Musk has been guiding investors to focus on his company's EV autonomy software as a main driver for Tesla's future fortunes. The next big step in that regard is coming on Thursday, and anticipation looked to be helping drive shares higher today.
The invite-only Cybercab event in Austin is being billed as offering exclusive access to the steering-wheel- and pedal-free vehicle. Investors may hear more from that gathering about Tesla's progress and plans for that brand-new product.
Tesla's full self-driving (FSD) technology gained approval for a limited robotaxi rollout in Nevada two weeks ago, helping to expand its footprint and set the stage for an eventual Cybercab fleet.
#tesla #down #Event
Trading volume reached 60.9 million shares, coming in about 46% above its three-month average of 41.6 million shares. Tesla IPO'd in 2010 and has grown 23,042% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,686, down 0.33%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,371, down 0.12%. Among EV and automotive software peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.06, down 0.06%, and Lucid Group (NASDAQ:LCID) closed at $4.85, down 3.19%.
Tesla CEO Elon Musk has been guiding investors to focus on his company's EV autonomy software as a main driver for Tesla's future fortunes. The next big step in that regard is coming on Thursday, and anticipation looked to be helping drive shares higher today.
The invite-only Cybercab event in Austin is being billed as offering exclusive access to the steering-wheel- and pedal-free vehicle. Investors may hear more from that gathering about Tesla's progress and plans for that brand-new product.
Tesla's full self-driving (FSD) technology gained approval for a limited robotaxi rollout in Nevada two weeks ago, helping to expand its footprint and set the stage for an eventual Cybercab fleet.
#tesla #down #Event
15 days ago
As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children's apparel retailer is closing stores.
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#like #data #shift
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#like #data #shift
19 days ago
How can I find a certified financial planner (CFP) who is not **** ociated with a brokerage house? I want truly independent advice and not steered toward selling me securities. I especially want tax advice. Everyone I have called turned out to be **** ociated with a brokerage house.
-Anonymous
This question shows that you're definitely on the right track toward finding a financial advisor who will put your needs first.
There's no surefire way of finding the right fit, but there are a few important filters you can use to increase your odds. (Looking for financial advice? This tool can help match you with potential advisors.)
Why the CFP Certification Matters
#financial #House #right #finding
-Anonymous
This question shows that you're definitely on the right track toward finding a financial advisor who will put your needs first.
There's no surefire way of finding the right fit, but there are a few important filters you can use to increase your odds. (Looking for financial advice? This tool can help match you with potential advisors.)
Why the CFP Certification Matters
#financial #House #right #finding
21 days ago
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter.
The World Bank Group announced last week it has raised $4 billion through a new seven-year sustainable development bond. The bond was issued by its subsidiary, the International Bank for Reconstruction and Development.
The group said its bond signaled a strong demand, attracting more than $11 billion in investor orders from a diverse pool of investors. There were over 150 investor orders, which were led by banks, treasuries and corporates (43%), followed by central banks and official institutions (30%) and ***** et managers, insurance and pension funds (27%).
The bond will mature in August 2033 and will support the World Bank's goal to "mobilize capital for sustainable development," according to an Aug. 18 press release.
The World Bank Group said the lead managers on the transaction were Bank of America, Morgan Stanley, Nomura and TD Securities.
#group #development
The World Bank Group announced last week it has raised $4 billion through a new seven-year sustainable development bond. The bond was issued by its subsidiary, the International Bank for Reconstruction and Development.
The group said its bond signaled a strong demand, attracting more than $11 billion in investor orders from a diverse pool of investors. There were over 150 investor orders, which were led by banks, treasuries and corporates (43%), followed by central banks and official institutions (30%) and ***** et managers, insurance and pension funds (27%).
The bond will mature in August 2033 and will support the World Bank's goal to "mobilize capital for sustainable development," according to an Aug. 18 press release.
The World Bank Group said the lead managers on the transaction were Bank of America, Morgan Stanley, Nomura and TD Securities.
#group #development
27 days ago
Rox Resources has formalised a binding native **** le mining agreement with the Badimia Barna Native **** le Claim Applicant, providing a framework for operations at the Youanmi Gold Mine in Western Australia (WA).
The agreement covers project tenements held by Rox Resources and its wholly owned subsidiary Rox (Murchison).
It provides Rox Resources with consent for the grant and renewal of current and future mining tenure and approvals within the Youanmi project area.
This consent will apply to both existing tenements and any new applications submitted by the company in the defined region.
As part of the agreement, a structure is being established for continued cooperation on heritage protection and environmental considerations.
#title #mining
The agreement covers project tenements held by Rox Resources and its wholly owned subsidiary Rox (Murchison).
It provides Rox Resources with consent for the grant and renewal of current and future mining tenure and approvals within the Youanmi project area.
This consent will apply to both existing tenements and any new applications submitted by the company in the defined region.
As part of the agreement, a structure is being established for continued cooperation on heritage protection and environmental considerations.
#title #mining
29 days ago
Keeping your email inbox under control can feel like a full-time job in itself—with endless streams of messages making it difficult to separate what actually matters from the noise. Roland Busch, the CEO of Siemens, has a decisively minimalist approach: skipping email etiquette in favor of efficiency.
"I try to keep my inbox below 100. If you have more than 100 emails in your inbox, you lose the overview of what's actually on your plate," Busch told Business Insider. "I accomplish this by answering messages quickly and using a few words."
Oftentimes, those few words are simply "OK" or "No."
"I make it simple and fast. My team is trained to communicate this way. If I need to write something longer, I dictate my response while walking through the office."
That same emphasis on efficiency extends to how the 61-year-old manages his time with his direct reports. Rather than scheduling recurring one-on-one meetings, the leader of the $256 billion German engineering company—No. 143 on the Fortune Global 500—keeps his door open and lets his executives come to him when they need to.
#messages
"I try to keep my inbox below 100. If you have more than 100 emails in your inbox, you lose the overview of what's actually on your plate," Busch told Business Insider. "I accomplish this by answering messages quickly and using a few words."
Oftentimes, those few words are simply "OK" or "No."
"I make it simple and fast. My team is trained to communicate this way. If I need to write something longer, I dictate my response while walking through the office."
That same emphasis on efficiency extends to how the 61-year-old manages his time with his direct reports. Rather than scheduling recurring one-on-one meetings, the leader of the $256 billion German engineering company—No. 143 on the Fortune Global 500—keeps his door open and lets his executives come to him when they need to.
#messages
30 days ago
Pilgrim's Europe has agreed to acquire UK firm Walkers Deli & Sausage Company from Samworth Brothers.
In a statement yesterday (17 August), Pilgrim's Europe, a part of the Pilgrim's Pride business that is majority owned by Brazilian meat giant JBS, described the deal as an "important strategic step".
Pilgrim's Pride, in a separate SEC filing, said its subsidiary Onix Investments UK struck a share purchase agreement to acquire Walkers.
The total consideration is around £141.5m ($191.4m) on a "debt-free, cash-free basis", subject to adjustments, according to the filing.
The deal extends an established relationship between the companies, with Pilgrim's already supplying Walkers with pork.
#sausage
In a statement yesterday (17 August), Pilgrim's Europe, a part of the Pilgrim's Pride business that is majority owned by Brazilian meat giant JBS, described the deal as an "important strategic step".
Pilgrim's Pride, in a separate SEC filing, said its subsidiary Onix Investments UK struck a share purchase agreement to acquire Walkers.
The total consideration is around £141.5m ($191.4m) on a "debt-free, cash-free basis", subject to adjustments, according to the filing.
The deal extends an established relationship between the companies, with Pilgrim's already supplying Walkers with pork.
#sausage
1 month ago
American Airlines Group Inc. (NASDAQ:AAL) and easyJet plc (LON:EZJ) are facing the same industry-wide challenge: sharply higher fuel costs. Yet their latest earnings suggest they are responding in very different ways. American Airlines (NASDAQ:AAL) delivered record quarterly revenue as stronger pricing and premium demand offset part of the fuel shock, while easyJet's (LON:EZJ) profits plunged 70% despite continued operational improvements.
The key question for investors is whether American Airlines Group's (NASDAQ:AAL) pricing power or easyJet's (LON:EZJ) fuel-hedging strategy leaves either airline better positioned if elevated fuel costs persist.
The strongest argument in favor of American Airlines Group (NASDAQ:AAL) is the quality of its revenue growth. Total revenue rose 16.3% to a company-record $16.7 billion, while capacity increased only 5.4%. Passenger unit revenue improved across premium and Main Cabin products as well as domestic and every major international region. Premium passenger unit revenue increased 13.4%, Main Cabin passenger unit revenue rose 8.8%, and domestic passenger unit revenue advanced 10.6%. The gap between revenue growth and capacity growth suggests American Airlines Group (NASDAQ:AAL) generated a significant portion of its improvement through stronger pricing and higher revenue per available seat rather than simply flying more aircraft.
The recovery was also broad-based, extending across premium, Main Cabin, domestic, and international markets rather than relying on a single customer segment. That diversification is encouraging because it makes revenue growth less dependent on one area of demand while reinforcing management's strategy of prioritizing higher-value passengers through additional premium seating and fleet upgrades.
easyJet's (LON:EZJ) investment case rests less on pricing power and more on risk management. Although profits came under considerable pressure, non-fuel costs remained broadly in line with expectations, and approximately 72% of the airline's second-half fuel requirements had already been hedged. While management acknowledged that the remaining unhedged fuel exposure leaves the airline vulnerable to additional price increases, the hedge book provides an important buffer against near-term volatility.
#fuel #passenger #Growth
The key question for investors is whether American Airlines Group's (NASDAQ:AAL) pricing power or easyJet's (LON:EZJ) fuel-hedging strategy leaves either airline better positioned if elevated fuel costs persist.
The strongest argument in favor of American Airlines Group (NASDAQ:AAL) is the quality of its revenue growth. Total revenue rose 16.3% to a company-record $16.7 billion, while capacity increased only 5.4%. Passenger unit revenue improved across premium and Main Cabin products as well as domestic and every major international region. Premium passenger unit revenue increased 13.4%, Main Cabin passenger unit revenue rose 8.8%, and domestic passenger unit revenue advanced 10.6%. The gap between revenue growth and capacity growth suggests American Airlines Group (NASDAQ:AAL) generated a significant portion of its improvement through stronger pricing and higher revenue per available seat rather than simply flying more aircraft.
The recovery was also broad-based, extending across premium, Main Cabin, domestic, and international markets rather than relying on a single customer segment. That diversification is encouraging because it makes revenue growth less dependent on one area of demand while reinforcing management's strategy of prioritizing higher-value passengers through additional premium seating and fleet upgrades.
easyJet's (LON:EZJ) investment case rests less on pricing power and more on risk management. Although profits came under considerable pressure, non-fuel costs remained broadly in line with expectations, and approximately 72% of the airline's second-half fuel requirements had already been hedged. While management acknowledged that the remaining unhedged fuel exposure leaves the airline vulnerable to additional price increases, the hedge book provides an important buffer against near-term volatility.
#fuel #passenger #Growth
1 month ago
XRP (XRP) has retreated by 5% in the past 30 days and seems headed to retest the $1 level — a highly relevant technical and psychological threshold that, if broken, could mark the beginning of the token's next leg down.
Trading volumes have dropped significantly in the past few days, hitting $580 million on August 1, indicating that interest in this token remains quite weak.
At this level, the amount of XRP exchanging hands accounted for just 0.8% of the ****** et's circulating market cap — a dismal figure in the crypto market and one that we are not used to seeing for this top altcoin.
Net inflows to exchange-traded funds (ETFs) linked to this token also experienced a strong drop in July, retreating for the second month in a row. Investors deposited only $27 million into these vehicles, translating into a 54% decline compared to June's inflows.
The only reason why net inflows ended in positive territory last month was that investors poured $13 million into these funds at the last minute, between July 30 and 31. Otherwise, the figure would have turned negative for the first time since March this year.
#investors #figure
Trading volumes have dropped significantly in the past few days, hitting $580 million on August 1, indicating that interest in this token remains quite weak.
At this level, the amount of XRP exchanging hands accounted for just 0.8% of the ****** et's circulating market cap — a dismal figure in the crypto market and one that we are not used to seeing for this top altcoin.
Net inflows to exchange-traded funds (ETFs) linked to this token also experienced a strong drop in July, retreating for the second month in a row. Investors deposited only $27 million into these vehicles, translating into a 54% decline compared to June's inflows.
The only reason why net inflows ended in positive territory last month was that investors poured $13 million into these funds at the last minute, between July 30 and 31. Otherwise, the figure would have turned negative for the first time since March this year.
#investors #figure
1 month ago
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#javascript
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#javascript
1 month ago
DeepSeek gave Alibaba Group Holding Limited (NYSE:BABA) and Alphabet Inc. (NASDAQ:GOOGL) a revealing price comparison on August 3. Artificial ***** ysis estimated that DeepSeek's V4-Flash averaged just $0.03 to complete each test in its benchmark suite while scoring 50 on its Intelligence Index, matching Google's Gemini 3.6 Flash.
Three cents is the average cost of completing each benchmark test, not a normal customer query, and the index combines nine coding, reasoning, and workplace tests. More capable models from Moonshot, OpenAI and Anthropic scored at least seven points higher. Still, V4-Flash costs $0.14 per million input tokens and $0.28 per million output tokens. That makes model intelligence cheap enough to pressure pricing for routine enterprise workloads.
Source: unsplash
Alibaba has two ways to monetize that pressure. Alibaba Cloud's AI Gateway already supports DeepSeek V4 APIs and can route workloads between DeepSeek and Qwen. Alibaba also unveiled its own 2.4-trillion-parameter Qwen3.8-Max on August 3, sending its Hong Kong shares up 7%. Its cloud revenue grew 38% in the March quarter, external cloud revenue rose 40%, and AI products reached 30% of external cloud sales. The catch is severe spending: group revenue rose only 3%, while Alibaba plans to exceed its earlier RMB380 billion three-year AI commitment and is treating margins as secondary.
What that creates is a demanding unit-economics test. Lower inference prices can pull customers into Alibaba Cloud, but revenue compounds only if workload volume grows faster than prices fall and those users also buy storage, networking and databases.
#flash #revenue #intelligence #index
Three cents is the average cost of completing each benchmark test, not a normal customer query, and the index combines nine coding, reasoning, and workplace tests. More capable models from Moonshot, OpenAI and Anthropic scored at least seven points higher. Still, V4-Flash costs $0.14 per million input tokens and $0.28 per million output tokens. That makes model intelligence cheap enough to pressure pricing for routine enterprise workloads.
Source: unsplash
Alibaba has two ways to monetize that pressure. Alibaba Cloud's AI Gateway already supports DeepSeek V4 APIs and can route workloads between DeepSeek and Qwen. Alibaba also unveiled its own 2.4-trillion-parameter Qwen3.8-Max on August 3, sending its Hong Kong shares up 7%. Its cloud revenue grew 38% in the March quarter, external cloud revenue rose 40%, and AI products reached 30% of external cloud sales. The catch is severe spending: group revenue rose only 3%, while Alibaba plans to exceed its earlier RMB380 billion three-year AI commitment and is treating margins as secondary.
What that creates is a demanding unit-economics test. Lower inference prices can pull customers into Alibaba Cloud, but revenue compounds only if workload volume grows faster than prices fall and those users also buy storage, networking and databases.
#flash #revenue #intelligence #index
1 month ago
By David Lawder and Daphne Psaledakis
Aug 2 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday he will not hesitate to repeat a U.S. and ****** anese coordinated foreign exchange intervention that countered disorderly yen movements and urged that a Federal Reserve backstop for foreign central banks and monetary authorities be "upsized."
Bessent indicated in a social media posting on X that the Fed's Foreign and International Monetary Authorities lending facility was used in the coordinated action on Friday, which was confirmed by ****** an's finance ministry and President Donald Trump.
"The FIMA Repo Facility is an important backstop. We should encourage it to be upsized in the coming months," Bessent said.
Created by the Fed during the COVID-19 pandemic crisis, the FIMA Repo Facility allows countries that keep Treasury securities on deposit at the New York Fed to get up to $60 billion in U.S. dollar loans for up to seven days. The loans are offered at a rate typically above the open-market repo rate, so the expectation is that its use would be limited to times of market stress.
#repo #coordinated
Aug 2 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday he will not hesitate to repeat a U.S. and ****** anese coordinated foreign exchange intervention that countered disorderly yen movements and urged that a Federal Reserve backstop for foreign central banks and monetary authorities be "upsized."
Bessent indicated in a social media posting on X that the Fed's Foreign and International Monetary Authorities lending facility was used in the coordinated action on Friday, which was confirmed by ****** an's finance ministry and President Donald Trump.
"The FIMA Repo Facility is an important backstop. We should encourage it to be upsized in the coming months," Bessent said.
Created by the Fed during the COVID-19 pandemic crisis, the FIMA Repo Facility allows countries that keep Treasury securities on deposit at the New York Fed to get up to $60 billion in U.S. dollar loans for up to seven days. The loans are offered at a rate typically above the open-market repo rate, so the expectation is that its use would be limited to times of market stress.
#repo #coordinated
2 months ago
The Federal Reserve held interest rates steady in a range of 3.50%-3.75% for the fifth meeting in a row on Wednesday, in one of the closest decisions to call in years.
Inflationary pressures arising from the war in Iran and AI bottlenecks have divided Fed officials in recent months. Three Fed officials dissented on the decision, preferring to raise rates by 25 basis points.
"I asked for a good family fight, and I got one," Fed Chairman Kevin Warsh said at a press conference.
Here are a few more takeaways from the meeting and post-decision press conference:
Fed policy statement doesn't change: The Fed reaffirmed its statement from the previous meeting, highlighting how the central bank intends to be more "parsimonious with what information they provide," according to Moody's chief economist Mark Zandi.
#rates #reserve #wednesday
Inflationary pressures arising from the war in Iran and AI bottlenecks have divided Fed officials in recent months. Three Fed officials dissented on the decision, preferring to raise rates by 25 basis points.
"I asked for a good family fight, and I got one," Fed Chairman Kevin Warsh said at a press conference.
Here are a few more takeaways from the meeting and post-decision press conference:
Fed policy statement doesn't change: The Fed reaffirmed its statement from the previous meeting, highlighting how the central bank intends to be more "parsimonious with what information they provide," according to Moody's chief economist Mark Zandi.
#rates #reserve #wednesday
2 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.
Same-store revenue and NOI acceleration was driven by the company's ability to balance rate and occupancy through sophisticated pricing systems.
Management attributes improving fundamentals to steady customer demand and a gradual moderation in new supply across almost all major markets.
Operational leverage was enhanced by modest year-over-year declines in same-store expenses, which management describes as sub-inflationary performance.
The company is capturing a disproportionate market share by utilizing best-in-class digital marketing and technology infrastructure to attract higher-quality customers.
#year
Same-store revenue and NOI acceleration was driven by the company's ability to balance rate and occupancy through sophisticated pricing systems.
Management attributes improving fundamentals to steady customer demand and a gradual moderation in new supply across almost all major markets.
Operational leverage was enhanced by modest year-over-year declines in same-store expenses, which management describes as sub-inflationary performance.
The company is capturing a disproportionate market share by utilizing best-in-class digital marketing and technology infrastructure to attract higher-quality customers.
#year
2 months ago
It seems like just yesterday, Elon Musk was anointed the world's first trillionaire by capital markets. Now, with **** e Exploration Technologies (NASDAQ: SPCX) stock down 43% from highs set in the days following its initial public offering (IPO), Musk's net worth is close to getting cut in half as bearish sentiment sets in.
Are we still far from intrinsic value, or is **** eX stock a screaming buy at $120 or below? When looking at the numbers, the answer is clear.
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 »
Wall Street and the tech community hyped up the **** eX initial public offering (IPO) because of the immense growth potential at play with this **** e economy and artificial intelligence (AI) stock. The key word in that statement is "potential."
SpaceX is the leader in commercial rocket launches, but it is a relatively small business, revenue-wise, given its current $1.5 trillion market capitalization. In 2025, the **** e segment only generated $4 billion in sales and actually lost money. **** eX's revenue and profit primarily come from its connectivity segment, Starlink satellite internet. This segment is growing 50% year over year and hit $11.4 billion in revenue last year.
#SpaceX #signal #down #flashing
Are we still far from intrinsic value, or is **** eX stock a screaming buy at $120 or below? When looking at the numbers, the answer is clear.
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 »
Wall Street and the tech community hyped up the **** eX initial public offering (IPO) because of the immense growth potential at play with this **** e economy and artificial intelligence (AI) stock. The key word in that statement is "potential."
SpaceX is the leader in commercial rocket launches, but it is a relatively small business, revenue-wise, given its current $1.5 trillion market capitalization. In 2025, the **** e segment only generated $4 billion in sales and actually lost money. **** eX's revenue and profit primarily come from its connectivity segment, Starlink satellite internet. This segment is growing 50% year over year and hit $11.4 billion in revenue last year.
#SpaceX #signal #down #flashing
2 months ago
ONDS raised FY2026 guidance to $390M with a $457M backlog, making L3Harris (LHX) the cleanest strategic fit given its Trusted Disruptor acquisition playbook.
Motorola Solutions (MSI) is the non-obvious wild card, as Silvus mesh-networking and unmanned comms overlap directly with Ondas' Iron Drone and Sentrycs ****** ets.
Private equity faces punishing LBO math at 45x price-to-sales, while ONDS shares at $8.25 sit well below the $19.81 ****** yst consensus target.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and RTX didn't make the cut. Grab the names FREE today.
Ondas (NASDAQ:ONDS) has ****** embled a system-of-systems autonomous-defense portfolio that looks increasingly like something a prime would rather own than compete with. The company reported Q1 FY2026 revenue of $50.12 million (+1,079.8% year over year), lifted its FY2026 revenue target to at least $390 million, and disclosed a pro forma backlog of $457 million. With counter-UAS (Sentrycs, Iron Drone), loitering munitions (Mistral, Rotron), stratospheric ISR (World View), and a SkyWeaver agentic-AI platform co-developed with Palantir, the strategic logic for a takeout is compelling. Here are four likely acquirers, ranked from longest shot to cleanest fit.
#onds #million #ondas #cleanest
Motorola Solutions (MSI) is the non-obvious wild card, as Silvus mesh-networking and unmanned comms overlap directly with Ondas' Iron Drone and Sentrycs ****** ets.
Private equity faces punishing LBO math at 45x price-to-sales, while ONDS shares at $8.25 sit well below the $19.81 ****** yst consensus target.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and RTX didn't make the cut. Grab the names FREE today.
Ondas (NASDAQ:ONDS) has ****** embled a system-of-systems autonomous-defense portfolio that looks increasingly like something a prime would rather own than compete with. The company reported Q1 FY2026 revenue of $50.12 million (+1,079.8% year over year), lifted its FY2026 revenue target to at least $390 million, and disclosed a pro forma backlog of $457 million. With counter-UAS (Sentrycs, Iron Drone), loitering munitions (Mistral, Rotron), stratospheric ISR (World View), and a SkyWeaver agentic-AI platform co-developed with Palantir, the strategic logic for a takeout is compelling. Here are four likely acquirers, ranked from longest shot to cleanest fit.
#onds #million #ondas #cleanest
2 months ago
Micron Technology (NASDAQ: MU) stock has shed close to 29% of its value over the past month, but it has nothing to do with fundamentals. The tailwinds of the memory cycle remain intact, and each day further proves that AI demand is rising. The current dip presents a compelling buying opportunity that may not be around much longer.
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 »
Moonshot AI's large language model product Kimi AI recently shared an X post that enhanced Micron's bullish thesis. The Chinese company explained that it can no longer take on new customers for its open source LLM because it has run out of available compute. This decision was made to "protect the experience of existing subscribers."
Kimi is a chatbot with a similar setup to OpenAI's ChatGPT, where you can enter prompts or have AI agents perform tasks. Each of those prompts and AI agents requires compute from GPUs, and the GPUs need memory chips to remember everything and function more efficiently.
Kimi AI's news demonstrates parabolic demand for its services, which can only be met by buying more memory chips. This event isn't limited to Kimi AI. Other companies have more GPUs or are taking extra precautions to ensure they do not run out of compute. If other businesses don't want to turn away customers amid soaring demand, they will have to buy more Micron chips.
#signal
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 »
Moonshot AI's large language model product Kimi AI recently shared an X post that enhanced Micron's bullish thesis. The Chinese company explained that it can no longer take on new customers for its open source LLM because it has run out of available compute. This decision was made to "protect the experience of existing subscribers."
Kimi is a chatbot with a similar setup to OpenAI's ChatGPT, where you can enter prompts or have AI agents perform tasks. Each of those prompts and AI agents requires compute from GPUs, and the GPUs need memory chips to remember everything and function more efficiently.
Kimi AI's news demonstrates parabolic demand for its services, which can only be met by buying more memory chips. This event isn't limited to Kimi AI. Other companies have more GPUs or are taking extra precautions to ensure they do not run out of compute. If other businesses don't want to turn away customers amid soaring demand, they will have to buy more Micron chips.
#signal
2 months ago
Tesla (TSLA) stands at a critical inflection point as it prepares to report second-quarter 2026 earnings after the market close on Wednesday, July 22.
Wall Street consensus expects adjusted earnings per share (EPS) of $0.31, representing a nearly 15% increase on a year-over-year basis, on revenue of at least $25.7 billion, up 16% from last year.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#year #wednesday
Wall Street consensus expects adjusted earnings per share (EPS) of $0.31, representing a nearly 15% increase on a year-over-year basis, on revenue of at least $25.7 billion, up 16% from last year.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#year #wednesday
2 months ago
A $1.06M portfolio at 2.7% yield growing dividends 7% annually delivers roughly $28,600 in income and a $2,000 automatic raise each year.
Dividend growth stocks like PG and KO need ~$1.1M for a $2,000 raise but deliver accelerating payouts that outpace high-yield instruments long-term.
LOW's dividend grew fourfold since 2016 alongside a 223% price gain, and a 2.7%-yielding grower surpasses the 4.5% Treasury coupon within seven years.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A $2,000 raise usually requires a boss, a performance review, or a new job. A dividend-growth portfolio can do it more quietly. Johnson & Johnson (NYSE:JNJ) handed shareholders a small version of that raise in April when its board approved a 3% dividend increase to $1.34 per quarter, extending its streak to 64 consecutive years of higher payouts. Every share now produces about $0.16 more annual income than it did before the increase. Nothing had to be sold. No new shares had to be bought. The raise simply appeared because the business raised its payout.
Dividend growth stocks like PG and KO need ~$1.1M for a $2,000 raise but deliver accelerating payouts that outpace high-yield instruments long-term.
LOW's dividend grew fourfold since 2016 alongside a 223% price gain, and a 2.7%-yielding grower surpasses the 4.5% Treasury coupon within seven years.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
A $2,000 raise usually requires a boss, a performance review, or a new job. A dividend-growth portfolio can do it more quietly. Johnson & Johnson (NYSE:JNJ) handed shareholders a small version of that raise in April when its board approved a 3% dividend increase to $1.34 per quarter, extending its streak to 64 consecutive years of higher payouts. Every share now produces about $0.16 more annual income than it did before the increase. Nothing had to be sold. No new shares had to be bought. The raise simply appeared because the business raised its payout.
2 months ago
Quantix has named longtime executive Nate Gesse as its next chief executive officer, marking the next phase of the chemical logistics provider's turnaround following the completion of a lender restructuring.
The Woodlands, Texas-based company said Wednesday that Gesse will ****** ume the CEO role on July 20, succeeding John Labrie, who came out of retirement in 2024 to lead Quantix through a planned operational and financial transformation. Labrie will transition to senior adviser to the company's board of directors.
The leadership change follows Quantix's completion of a lender restructuring, which company officials said reinforces its long-term financial foundation after a period of restructuring. The announcement did not disclose financial terms or details of the agreement with lenders.
Gesse most recently served as president and chief operating officer, overseeing enterprise-wide operational improvements and strategic simplification initiatives. He brings more than 25 years of transportation and logistics experience spanning operations, sales and technology leadership roles.
The leadership transition comes as demand for specialized chemical logistics services continues to expand. Quantix focuses on the chemical sector, providing bulk transportation, warehousing, rail transloading, import and export logistics, managed transportation and supply chain services through a network of more than 80 U.S. locations.
The Woodlands, Texas-based company said Wednesday that Gesse will ****** ume the CEO role on July 20, succeeding John Labrie, who came out of retirement in 2024 to lead Quantix through a planned operational and financial transformation. Labrie will transition to senior adviser to the company's board of directors.
The leadership change follows Quantix's completion of a lender restructuring, which company officials said reinforces its long-term financial foundation after a period of restructuring. The announcement did not disclose financial terms or details of the agreement with lenders.
Gesse most recently served as president and chief operating officer, overseeing enterprise-wide operational improvements and strategic simplification initiatives. He brings more than 25 years of transportation and logistics experience spanning operations, sales and technology leadership roles.
The leadership transition comes as demand for specialized chemical logistics services continues to expand. Quantix focuses on the chemical sector, providing bulk transportation, warehousing, rail transloading, import and export logistics, managed transportation and supply chain services through a network of more than 80 U.S. locations.
2 months ago
Palm Valley Capital Management, an investment management firm, has issued the second-quarter 2026 investor letter for the "Palm Valley Capital Fund." A copy of the letter can be downloaded here. In the second quarter, the fund's investor class gained 1.80%, while the S&P SmallCap 600 rose 19.7% and the Morningstar Small Cap Total Return Index returned 14.0%. The Strategy primarily focused on small-cap categories, allocating 75% to cash equivalents. This led to underperformance relative to benchmarks. The Fund is currently seeking more small-cap opportunities that meet its return criteria and will act swiftly if market conditions improve. The Index benefited from strong contributions from data center construction and biotech sectors, while the energy industry lagged. Additionally, reviewing the fund's top five holdings can reveal its best investments in 2026.
In its second-quarter 2026 investor letter, Palm Valley Capital Management highlighted The Clorox Company (NYSE:CLX). The Clorox Company (NYSE:CLX) is a global manufacturer of consumer and professional products operating through its Health and Wellness, Household, Lifestyle, and International segments. On July 7, 2026, The Clorox Company (NYSE:CLX) closed at $97.41 per share, reflecting a market capitalization of $11.78 billion. The Clorox Company (NYSE:CLX) posted a one-month return of -1.92%, while its shares lost 22.69% over the past 52 weeks.
Palm Valley Capital Management stated the following regarding The Clorox Company (NYSE:CLX) in its Q2 2026 investor letter:
"The Fund acquired three new positions during the second quarter: The Clorox Company (NYSE:CLX), Molson Coors Beverage Company (ticker: TAP), and Vontier Corp. (ticker: VNT). The Clorox Company manufactures a wide range of household and professional cleaning, disinfecting, lifestyle, and wellness products. Its portfolio includes well known brands such as Clorox bleach and disinfecting wipes, Pine-Sol cleaners, Glad trash bags, Burt's Bees lip balm, Kingsford charcoal, Fresh Step cat litter, and Hidden Valley salad dressings. The company suffered a major cyberattack in 2023 that disrupted production and distribution, causing it to lose market share in several categories. The recovery has been slower than investors hoped, and Clorox has been working through a large ERP implementation that distorted shipments, reduced volumes, and created inventory disruptions with retailers.
In April, Clorox cut its fiscal 2026 outlook. Consumers have become more price-sensitive, leading some shoppers to trade down to private-label alternatives in categories such as cleaning products and household consumables. We view Clorox as a slow-growth consumer staples company with historically stable cash flows. We acquired a small position near the lows, but the shares have since bounced."
In its second-quarter 2026 investor letter, Palm Valley Capital Management highlighted The Clorox Company (NYSE:CLX). The Clorox Company (NYSE:CLX) is a global manufacturer of consumer and professional products operating through its Health and Wellness, Household, Lifestyle, and International segments. On July 7, 2026, The Clorox Company (NYSE:CLX) closed at $97.41 per share, reflecting a market capitalization of $11.78 billion. The Clorox Company (NYSE:CLX) posted a one-month return of -1.92%, while its shares lost 22.69% over the past 52 weeks.
Palm Valley Capital Management stated the following regarding The Clorox Company (NYSE:CLX) in its Q2 2026 investor letter:
"The Fund acquired three new positions during the second quarter: The Clorox Company (NYSE:CLX), Molson Coors Beverage Company (ticker: TAP), and Vontier Corp. (ticker: VNT). The Clorox Company manufactures a wide range of household and professional cleaning, disinfecting, lifestyle, and wellness products. Its portfolio includes well known brands such as Clorox bleach and disinfecting wipes, Pine-Sol cleaners, Glad trash bags, Burt's Bees lip balm, Kingsford charcoal, Fresh Step cat litter, and Hidden Valley salad dressings. The company suffered a major cyberattack in 2023 that disrupted production and distribution, causing it to lose market share in several categories. The recovery has been slower than investors hoped, and Clorox has been working through a large ERP implementation that distorted shipments, reduced volumes, and created inventory disruptions with retailers.
In April, Clorox cut its fiscal 2026 outlook. Consumers have become more price-sensitive, leading some shoppers to trade down to private-label alternatives in categories such as cleaning products and household consumables. We view Clorox as a slow-growth consumer staples company with historically stable cash flows. We acquired a small position near the lows, but the shares have since bounced."
