2 hours ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
28 days ago
The 10-year Treasury yield recently touched its highest level in roughly two decades, north of 5.3%, per CNBC.
When the 10-year Treasury yield rises, stocks can become less attractive because investors can earn higher yields on safer bonds, and higher borrowing costs can weigh on companies and their growth. At the same time, older bonds with lower interest rates lose market value compared with newer, higher-yielding bonds.
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 »
In short, this yield is the interest rate the U.S. government pays to borrow for 10 years and is a key benchmark for global borrowing costs and economic outlook.
Here's a difference that matters. A Treasury note pays you the same coupon in year 10 that it pays you in year one. A growing dividend you can find in a stock doesn't sit still. It compounds. Buy the right business today, and the income it hands you a decade from now can be meaningfully larger than what it pays this year, on top of whatever the stock itself is worth by then.
#treasury
When the 10-year Treasury yield rises, stocks can become less attractive because investors can earn higher yields on safer bonds, and higher borrowing costs can weigh on companies and their growth. At the same time, older bonds with lower interest rates lose market value compared with newer, higher-yielding bonds.
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 »
In short, this yield is the interest rate the U.S. government pays to borrow for 10 years and is a key benchmark for global borrowing costs and economic outlook.
Here's a difference that matters. A Treasury note pays you the same coupon in year 10 that it pays you in year one. A growing dividend you can find in a stock doesn't sit still. It compounds. Buy the right business today, and the income it hands you a decade from now can be meaningfully larger than what it pays this year, on top of whatever the stock itself is worth by then.
#treasury
2 months ago
On Holding's (ONON) entry into the soccer category through a partnership with World Cup champion Kylian Mbappé marks the latest step for the company as it aims to tread its own path as a premium global sports brand.
The Swiss sportswear company signed Mbappé, whose contract with Nike (NKE) expired this past summer after seven years, beating out competitors such as Adidas (ADS.DE) and Under Armor (UA) for a partnership with the soccer superstar.
The company did not disclose the size of the deal. As part of the announcement, soccer pundit Thierry Henry was named the company's director of football, after working with the brand since 2025.
"The announcement is a direct challenge to Nike and Adidas (which have a near-monopoly in the category)," Evercore ISI ******* yst Michael Binetti wrote in a note to clients. "We expect a major investment in a large global category will be a positive near-term catalyst for the stock."
On stock rose slightly after the deal was announced, but shares remain down 40% year to date amid a challenging retail environment for sneaker stocks. Nike's stock fell 2% on Friday.
#category #company #partnership
The Swiss sportswear company signed Mbappé, whose contract with Nike (NKE) expired this past summer after seven years, beating out competitors such as Adidas (ADS.DE) and Under Armor (UA) for a partnership with the soccer superstar.
The company did not disclose the size of the deal. As part of the announcement, soccer pundit Thierry Henry was named the company's director of football, after working with the brand since 2025.
"The announcement is a direct challenge to Nike and Adidas (which have a near-monopoly in the category)," Evercore ISI ******* yst Michael Binetti wrote in a note to clients. "We expect a major investment in a large global category will be a positive near-term catalyst for the stock."
On stock rose slightly after the deal was announced, but shares remain down 40% year to date amid a challenging retail environment for sneaker stocks. Nike's stock fell 2% on Friday.
#category #company #partnership
2 months ago
Updated Sept 16, 2026, 12:44 pm EDT / Original Sept 16, 2026, 10:49 am EDT
Power availability is a key constraint to
AI growthExternal link
. Computers need to be turned on. That idea has sent data center operators scrambling for internally controlled power-generation solutions, helping send shares of power-equipment providers to the moon.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S.-Canada energy trade already delivers energy security and abundance for consumers on a larger scale than Venezuela can provide, Ben Cahill writes.
#power #sept #updated
Power availability is a key constraint to
AI growthExternal link
. Computers need to be turned on. That idea has sent data center operators scrambling for internally controlled power-generation solutions, helping send shares of power-equipment providers to the moon.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S.-Canada energy trade already delivers energy security and abundance for consumers on a larger scale than Venezuela can provide, Ben Cahill writes.
#power #sept #updated
2 months ago
Walmart and SCAN Health Plan announced a partnership on Wednesday to offer co-branded Medicare Advantage plans in two states, targeting a pool of more than two million Medicare enrollees.
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#Wellness #members #scan #advantage
The plans, pending regulatory approval, may include pharmacy, vision, food, and over-the-counter benefits, the companies said. Open enrollment for Medicare Advantage begins Oct. 15, according to MarketWatch.
A central feature of the partnership is Walmart's Everyday Health Signals platform, an AI tool designed to provide personalized nutrition and wellness guidance based on members' shopping preferences and self-reported wellness goals. The companies said they plan to make that capability available to participating plan members as part of broader coaching and wellness support.
"By combining Walmart's technology capabilities and consumer retail expertise with SCAN's Medicare product experience, we have an opportunity to develop products that translate those insights into meaningful support that helps members make more informed choices about their health and well-being," said Zack Myers, national general manager of SCAN Health Plan, in a statement.
Walmart Group Director for Consumer Health and Data Solutions Pravene Nath said the collaboration is distinct because of Walmart's role in customers' everyday lives. "Because customers regularly turn to Walmart for groceries and other everyday essentials, we have an opportunity for those who choose to participate, to use insights from their shopping experiences to make nutrition guidance more relevant and actionable," Nath said in a statement.
#Wellness #members #scan #advantage
2 months ago
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters.
The news that the giant AI technology provider Anthropic launched Claude for Financial Advisors was received with some skepticism by industry **** ysts, but overall, many wealth management technology providers and consultants shared their excitement and enthusiasm, noting that the company had presented them with something that could, if implemented well, solve many issues with current advisor tech stacks.
"I find it positive that Anthropic has sent these signals to the market and it is good for the industry overall," said longtime **** yst Alois Pirker, who is now the CEO of his own consultancy, Pirker Partners.
"Nonetheless, my sense is that Claude will hit the same problem as Salesforce, getting to the level of specificity that financial advisors need," he said, referring to the behemoth CRM provider and its initial rollout of Salesforce for Financial Services, which reached general availability a decade ago (and later changed its name to Salesforce Financial Services Cloud).
One way in which the technology industry responded to advisors' desire for such specificity was the development of the specialized and popular advisor CRM product Practifi, he said, which is built on top of Salesforce and caters to certain types of firms in need of more customization.
#financial #advisors #wealthmanagement
The news that the giant AI technology provider Anthropic launched Claude for Financial Advisors was received with some skepticism by industry **** ysts, but overall, many wealth management technology providers and consultants shared their excitement and enthusiasm, noting that the company had presented them with something that could, if implemented well, solve many issues with current advisor tech stacks.
"I find it positive that Anthropic has sent these signals to the market and it is good for the industry overall," said longtime **** yst Alois Pirker, who is now the CEO of his own consultancy, Pirker Partners.
"Nonetheless, my sense is that Claude will hit the same problem as Salesforce, getting to the level of specificity that financial advisors need," he said, referring to the behemoth CRM provider and its initial rollout of Salesforce for Financial Services, which reached general availability a decade ago (and later changed its name to Salesforce Financial Services Cloud).
One way in which the technology industry responded to advisors' desire for such specificity was the development of the specialized and popular advisor CRM product Practifi, he said, which is built on top of Salesforce and caters to certain types of firms in need of more customization.
#financial #advisors #wealthmanagement
2 months ago
Dennis W. Liu, Chief Accounting Officer of Clear Secure, Inc. (NYSE:YOU), disposed of 6,059 shares of Class A Common Stock between September 1, 2026, and September 3, 2026, as disclosed in a recent SEC Form 4 filing.
Metric
Value
Transaction value
~$263,500
#september #dennis #secure
Metric
Value
Transaction value
~$263,500
#september #dennis #secure
2 months ago
Investors hammered Cooper Companies (COO) on Thursday after the medtech's fiscal third-quarter sales lagged Wall Street's expectations, leading to a guidance cut.
Specifically, the CooperVision segment — which sells contact lenses — missed expectations by 4.5%, William Blair **** yst Steven Lichtman said in a report. The miss was due to destocking. Further, the company opted against selling its CooperSurgical business following a strategic review.
"The 'no sale' is a surprise after management highlighted prospective buyers on the last earnings call," he said. "With CVI (CooperVision) results also disappointing, the stock moves back into the penalty box."
On today's stock market, Cooper Companies shares toppled 14.7%, closing at 54.17. Shares are already trading well below their key moving averages, IBD MarketSurge charts show.
Cooper said it couldn't sell the surgical division due to competition for its implantable contraceptive, Paragard, an intrauterine device. In June, Organon (OGN) licensed Miudella, a rival to Cooper's non-hormonal IUD. Cooper is also facing fertility litigation, BofA Securities **** yst Travis Steed said in a note to clients.
#Companies #expectations #investors #wall
Specifically, the CooperVision segment — which sells contact lenses — missed expectations by 4.5%, William Blair **** yst Steven Lichtman said in a report. The miss was due to destocking. Further, the company opted against selling its CooperSurgical business following a strategic review.
"The 'no sale' is a surprise after management highlighted prospective buyers on the last earnings call," he said. "With CVI (CooperVision) results also disappointing, the stock moves back into the penalty box."
On today's stock market, Cooper Companies shares toppled 14.7%, closing at 54.17. Shares are already trading well below their key moving averages, IBD MarketSurge charts show.
Cooper said it couldn't sell the surgical division due to competition for its implantable contraceptive, Paragard, an intrauterine device. In June, Organon (OGN) licensed Miudella, a rival to Cooper's non-hormonal IUD. Cooper is also facing fertility litigation, BofA Securities **** yst Travis Steed said in a note to clients.
#Companies #expectations #investors #wall
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.
Fast fashion group Inditex sold more clothes, made more money and started autumn strongly, yet the stock still fell because expectations were already so high that even another record performance was not enough to keep investors fully satisfied.
Inditex shares dropped around 3% after the Zara owner reported another record first half but delivered slightly softer profitability than investors had hoped for.
Sales reached €19.76 billion (about $23 billion) in the six months to July, up 7.6% year on year and the highest first-half figure in the group's history, while constant-currency growth was even stronger at 9.2%.
Net profit increased 6.8% to a record €2.98 billion, while EBITDA rose 7.8% to €5.51 billion and operating profit increased 7.6% to €3.84 billion.
#record #Stock
Fast fashion group Inditex sold more clothes, made more money and started autumn strongly, yet the stock still fell because expectations were already so high that even another record performance was not enough to keep investors fully satisfied.
Inditex shares dropped around 3% after the Zara owner reported another record first half but delivered slightly softer profitability than investors had hoped for.
Sales reached €19.76 billion (about $23 billion) in the six months to July, up 7.6% year on year and the highest first-half figure in the group's history, while constant-currency growth was even stronger at 9.2%.
Net profit increased 6.8% to a record €2.98 billion, while EBITDA rose 7.8% to €5.51 billion and operating profit increased 7.6% to €3.84 billion.
#record #Stock
2 months ago
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter.
Pilot has promoted Jamie Landis to executive vice president and chief administrative officer, a spokesperson for the travel center chain confirmed to C-Store Dive.
Landis, who was named senior vice president of business planning and execution in 2024, will continue leading that function while **** uming leadership of Pilot's safety, enterprise risk, procurement and communications functions. She will also spearhead the company's people team.
Landis succeeds Julius **** , who announced his resignation via social media last week. **** said in a LinkedIn post that he will remain at Pilot through the end of the year as an executive advisor to the CEO. Pilot's website reflects both leadership changes.
Landis' updated company bio says she is responsible for developing, refining and helping execute Pilot's long-term strategy, and for advancing the company's business ambition and supporting more than 30,000 team members across North America.
#landis #daily #vice
Pilot has promoted Jamie Landis to executive vice president and chief administrative officer, a spokesperson for the travel center chain confirmed to C-Store Dive.
Landis, who was named senior vice president of business planning and execution in 2024, will continue leading that function while **** uming leadership of Pilot's safety, enterprise risk, procurement and communications functions. She will also spearhead the company's people team.
Landis succeeds Julius **** , who announced his resignation via social media last week. **** said in a LinkedIn post that he will remain at Pilot through the end of the year as an executive advisor to the CEO. Pilot's website reflects both leadership changes.
Landis' updated company bio says she is responsible for developing, refining and helping execute Pilot's long-term strategy, and for advancing the company's business ambition and supporting more than 30,000 team members across North America.
#landis #daily #vice
0.00$ raised of 0.00$ goal
0 donations
0.00$
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2 months ago
The bond market is on shaky ground again. US Treasury Secretary Scott Bessent is trying to keep one of America's biggest foreign debt buyers from making it worse.
Long-term US yields are near multi-decade highs, pushing up mortgage and corporate borrowing costs and threatening stocks. Bessent already doubled long-term Treasury buybacks last month, but the US 30-year yield (^TYX) has climbed back toward its highest level since 2007.
Now another potential pressure point is emerging from ****** an, the largest foreign holder of US government debt, with about $1.1 trillion of Treasurys.
Japan spent decades with interest rates near zero. Now, its 10-year government bond yields around 3% for the first time since 1996. ****** anese savers and institutions can suddenly get paid at home, giving them less reason to send money overseas into Treasurys and other foreign bonds.
That creates one problem for Washington: A weaker yen can prompt ****** an to buy its currency with dollars. Raising those dollars can mean selling Treasurys, putting even more bonds into a market already struggling with high yields.
#yields #treasury #bond #debt
Long-term US yields are near multi-decade highs, pushing up mortgage and corporate borrowing costs and threatening stocks. Bessent already doubled long-term Treasury buybacks last month, but the US 30-year yield (^TYX) has climbed back toward its highest level since 2007.
Now another potential pressure point is emerging from ****** an, the largest foreign holder of US government debt, with about $1.1 trillion of Treasurys.
Japan spent decades with interest rates near zero. Now, its 10-year government bond yields around 3% for the first time since 1996. ****** anese savers and institutions can suddenly get paid at home, giving them less reason to send money overseas into Treasurys and other foreign bonds.
That creates one problem for Washington: A weaker yen can prompt ****** an to buy its currency with dollars. Raising those dollars can mean selling Treasurys, putting even more bonds into a market already struggling with high yields.
#yields #treasury #bond #debt
2 months ago
Ollie's Bargain Outlet (NASDAQ:OLLI) shares jumped 7.5% after the discount retailer posted second-quarter adjusted earnings that topped Wall Street estimates, even as revenue fell short of expectations.
The company reported adjusted earnings per share of $1.42, beating the average ******* yst estimate of $1.14 and up 43.43% from $0.99 a year earlier.
Revenue rose 9.09% year-over-year to $741.3 million, missing the $752.9 million ******* ysts had forecast by 1.53%.
Ollie's operated 686 stores, up 11.9% from a year ago, after opening 15 locations and closing one during the quarter. Membership in the company's loyalty program, Ollie's Army, grew 12.7% to 18.1 million.
For fiscal 2026, Ollie's raised its adjusted EPS guidance to a range of $4.57 to $4.65, above the $4.47 ******* ysts had expected. The company cut its full-year sales guidance to a range of $2.928 billion to $2.941 billion, below the $2.983 billion estimate.
#adjusted #million #earnings #estimate
The company reported adjusted earnings per share of $1.42, beating the average ******* yst estimate of $1.14 and up 43.43% from $0.99 a year earlier.
Revenue rose 9.09% year-over-year to $741.3 million, missing the $752.9 million ******* ysts had forecast by 1.53%.
Ollie's operated 686 stores, up 11.9% from a year ago, after opening 15 locations and closing one during the quarter. Membership in the company's loyalty program, Ollie's Army, grew 12.7% to 18.1 million.
For fiscal 2026, Ollie's raised its adjusted EPS guidance to a range of $4.57 to $4.65, above the $4.47 ******* ysts had expected. The company cut its full-year sales guidance to a range of $2.928 billion to $2.941 billion, below the $2.983 billion estimate.
#adjusted #million #earnings #estimate
2 months 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 Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 31, 2026, Salesforce, Inc. (NYSE:CRM) closed at $257.54 per share. Over the past month, Salesforce, Inc. (NYSE:CRM) returned 36.58%, and its shares are up 3.16% over the past year. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $211.96 billion.
First Eagle Global Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Despite reporting better-than-expected results for its most recent quarter, shares of enterprise software developer Salesforce, Inc. (NYSE:CRM) were weak during the quarter because of ongoing industrywide concerns that generative AI will trigger an exodus from software applications. We believe that Salesforce's technology serves as an economic moat to the potential disruption of AI because its products are embedded as the foundational system of record for its customers. In addition, we continue to believe that the company is well positioned to grow and scale its Agentforce platform over time."
#NYSE #global #index #management
In its second-quarter 2026 investor letter, First Eagle Global Fund highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 31, 2026, Salesforce, Inc. (NYSE:CRM) closed at $257.54 per share. Over the past month, Salesforce, Inc. (NYSE:CRM) returned 36.58%, and its shares are up 3.16% over the past year. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $211.96 billion.
First Eagle Global Fund stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Despite reporting better-than-expected results for its most recent quarter, shares of enterprise software developer Salesforce, Inc. (NYSE:CRM) were weak during the quarter because of ongoing industrywide concerns that generative AI will trigger an exodus from software applications. We believe that Salesforce's technology serves as an economic moat to the potential disruption of AI because its products are embedded as the foundational system of record for its customers. In addition, we continue to believe that the company is well positioned to grow and scale its Agentforce platform over time."
#NYSE #global #index #management
2 months ago
By Karen Roman
Inventiva S.A. (Nasdaq: IVA) said it designated Chris Benecchi as Chief Operating Officer, having previously served as Chief Executive Officer of Motric Bio (an Aditum Bio company).
Mr. Benecchi will lead the company's operational side as Inventiva comes close to its NATiV3 Phase 3 study results of lanifibranor in MASH, expected for the last quarter of 2026, and also prepare for potential commercialization, it stated.
"As we approach our Phase 3 readout, we are preparing the company for the next stage of its evolution," said Andrew Obenshain, Inventiva's CEO. "Chris brings a valuable combination of commercial, operational and launch experience, with a proven track record of helping organizations bring promising medicines to patients."
Mr. Benecchi has 30 years of biopharmaceutical leadership experience across commercial, operational and enterprise roles, with a record of building organizations, preparing investigational medicines for launch, and leading cross-functional execution in competitive and access-challenged markets, Inventiva said.
#chris #chief #commercial
Inventiva S.A. (Nasdaq: IVA) said it designated Chris Benecchi as Chief Operating Officer, having previously served as Chief Executive Officer of Motric Bio (an Aditum Bio company).
Mr. Benecchi will lead the company's operational side as Inventiva comes close to its NATiV3 Phase 3 study results of lanifibranor in MASH, expected for the last quarter of 2026, and also prepare for potential commercialization, it stated.
"As we approach our Phase 3 readout, we are preparing the company for the next stage of its evolution," said Andrew Obenshain, Inventiva's CEO. "Chris brings a valuable combination of commercial, operational and launch experience, with a proven track record of helping organizations bring promising medicines to patients."
Mr. Benecchi has 30 years of biopharmaceutical leadership experience across commercial, operational and enterprise roles, with a record of building organizations, preparing investigational medicines for launch, and leading cross-functional execution in competitive and access-challenged markets, Inventiva said.
#chris #chief #commercial
2 months ago
MD Sass, a boutique ****** et management firm, published its second-quarter investor update for its flagship, the "MD Sass Concentrated Value Strategy." The letter can be downloaded here. In the first half of 2026, AI infrastructure stocks led the market, with the Russell 1000 Value increasing by 16.3%, outpacing the S&P 500 (10.2%) and Russell 1000 Growth (5.3%). This growth was fueled by semiconductor, memory, and hardware companies benefiting from AI development, even though they are considered cyclical. These sectors, representing only 7.7% of the Russell 1000 Value at the start of the year, contributed nearly 70% of its returns. The portfolio gained 10.0% in the second quarter, net of fees, compared to 13.9% for the Russell 1000 Value Index. Year-to-date, the strategy returned 6.6%, net of fees, versus 16.3% for the Index. The portfolio faced challenges due to limited exposure to companies with the greatest upside from AI infrastructure investments. It also lacked exposure to the Energy sector, which returned about 20% in the first half amid geopolitical tensions with Iran that increased commodity prices, affecting performance. The firm recognizes the importance of adapting its strategies while maintaining core investment principles as it explores future opportunities in emerging technological themes. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, MD Sass Concentrated Value Strategy highlighted TD SYNNEX Corporation (NYSE:SNX) as a new portfolio holding. TD SYNNEX Corporation (NYSE:SNX) is a leading distributor and solutions aggregator for the information technology (IT) ecosystem. On August 28, 2026, TD SYNNEX Corporation (NYSE:SNX) closed at $253.97 per share. Over the past month, TD SYNNEX Corporation (NYSE:SNX) returned -1.12%, while its shares have declined 69.50% in the last 52 weeks. TD SYNNEX Corporation (NYSE:SNX) has a market capitalization of $20.31 billion.
MD Sass Concentrated Value Strategy stated the following regarding TD SYNNEX Corporation (NYSE:SNX) in its Q2 2026 investor letter:
"During the quarter, we initiated a position in TD SYNNEX Corporation (NYSE:SNX), one of the world's largest IT distributors and a critical intermediary between technology vendors and more than 150,000 customers across over 100 countries. Its core Distribution business aggregates hardware, software, cloud products, and services while providing inventory, financing, configuration, and technical support to resellers and systems integrators. Distribution is a low-margin business, but scale matters, and SNX is increasingly benefiting as major vendors consolidate their channel relationships around a smaller number of global partners.
The crux of our thesis, however, is Hyve Solutions, a hidden growth engine that we believe the market continues to value as part of a traditional IT distributor. Hyve, a wholly owned subsidiary of SNX, designs, manufactures, integrates, and manages th
In its second-quarter 2026 investor letter, MD Sass Concentrated Value Strategy highlighted TD SYNNEX Corporation (NYSE:SNX) as a new portfolio holding. TD SYNNEX Corporation (NYSE:SNX) is a leading distributor and solutions aggregator for the information technology (IT) ecosystem. On August 28, 2026, TD SYNNEX Corporation (NYSE:SNX) closed at $253.97 per share. Over the past month, TD SYNNEX Corporation (NYSE:SNX) returned -1.12%, while its shares have declined 69.50% in the last 52 weeks. TD SYNNEX Corporation (NYSE:SNX) has a market capitalization of $20.31 billion.
MD Sass Concentrated Value Strategy stated the following regarding TD SYNNEX Corporation (NYSE:SNX) in its Q2 2026 investor letter:
"During the quarter, we initiated a position in TD SYNNEX Corporation (NYSE:SNX), one of the world's largest IT distributors and a critical intermediary between technology vendors and more than 150,000 customers across over 100 countries. Its core Distribution business aggregates hardware, software, cloud products, and services while providing inventory, financing, configuration, and technical support to resellers and systems integrators. Distribution is a low-margin business, but scale matters, and SNX is increasingly benefiting as major vendors consolidate their channel relationships around a smaller number of global partners.
The crux of our thesis, however, is Hyve Solutions, a hidden growth engine that we believe the market continues to value as part of a traditional IT distributor. Hyve, a wholly owned subsidiary of SNX, designs, manufactures, integrates, and manages th
2 months ago
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Gold (GC=F) December futures opened at $4,498.70 per troy ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. The price of gold is down this morning at $4,432.20 per troy ounce as of 7:56 a.m. ET.
Stubborn inflation, continually propelled by the ongoing conflict in Iran, is keeping a lid on gold prices. Recent comments from Fed Chair Kevin Warsh that the Fed has "work to do" on price control, plus renewed attacks in the Middle East, are raising rate-hike expectations ahead of the Fed's meeting later this month.
According to the CME Group's FedWatch tool, there's currently a 66.4% chance the Fed raises rates by 25 basis points later this month, and a 33.6% expectation they will leave rates unchanged. Just one week ago, the script was flipped, as economists estimated a 60.4% chance the Fed would leave rates unchanged and a 39.6% chance rates would rise.
Higher interest rates are a natural headwind for gold prices since the precious metal doesn't pay interest.
#rates #leave
Gold (GC=F) December futures opened at $4,498.70 per troy ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. The price of gold is down this morning at $4,432.20 per troy ounce as of 7:56 a.m. ET.
Stubborn inflation, continually propelled by the ongoing conflict in Iran, is keeping a lid on gold prices. Recent comments from Fed Chair Kevin Warsh that the Fed has "work to do" on price control, plus renewed attacks in the Middle East, are raising rate-hike expectations ahead of the Fed's meeting later this month.
According to the CME Group's FedWatch tool, there's currently a 66.4% chance the Fed raises rates by 25 basis points later this month, and a 33.6% expectation they will leave rates unchanged. Just one week ago, the script was flipped, as economists estimated a 60.4% chance the Fed would leave rates unchanged and a 39.6% chance rates would rise.
Higher interest rates are a natural headwind for gold prices since the precious metal doesn't pay interest.
#rates #leave
2 months ago
Vipshop Holdings Limited (NYSE:VIPS) reported sharply higher GAAP earnings for the second quarter of 2026, but the increase came primarily from a commercial real estate investment trust transaction rather than the retail business.
At 5:16 a.m. EDT on August 25, the shares were down 4.9% in premarket trading. They recovered most of that decline before closing 1.1% lower at $14.16.
Revenue fell 4.3% year over year to RMB24.7 billion. GAAP net income attributable to Vipshop's shareholders nevertheless increased 189.1% to RMB4.31 billion. GAAP diluted earnings rose to RMB8.82 per ADS from RMB2.91.
The company listed a commercial REIT covering two Shan Shan outlets and subscribed for 49% of the units. The transaction generated RMB7.70 billion of gross proceeds, a RMB5.79 billion investment gain, and RMB1.63 billion of related tax expense.
The resulting RMB4.16 billion after-tax REIT amount represented approximately 148% of the RMB2.82 billion year-over-year increase in GAAP net income attributable to shareholders. Other items offset part of that benefit, including a RMB1.56 billion withholding-tax expense ***** ociated with historical dividend distributions.
#billion #year #shan
At 5:16 a.m. EDT on August 25, the shares were down 4.9% in premarket trading. They recovered most of that decline before closing 1.1% lower at $14.16.
Revenue fell 4.3% year over year to RMB24.7 billion. GAAP net income attributable to Vipshop's shareholders nevertheless increased 189.1% to RMB4.31 billion. GAAP diluted earnings rose to RMB8.82 per ADS from RMB2.91.
The company listed a commercial REIT covering two Shan Shan outlets and subscribed for 49% of the units. The transaction generated RMB7.70 billion of gross proceeds, a RMB5.79 billion investment gain, and RMB1.63 billion of related tax expense.
The resulting RMB4.16 billion after-tax REIT amount represented approximately 148% of the RMB2.82 billion year-over-year increase in GAAP net income attributable to shareholders. Other items offset part of that benefit, including a RMB1.56 billion withholding-tax expense ***** ociated with historical dividend distributions.
#billion #year #shan
2 months ago
Updated Aug. 26, 2026 3:51 pm ET
Listen
(3 min)
1546 ET – Crude futures extend losses to three sessions on cautious expectations that the U.S. economic isolation of Iran, rather than military action, could bring about a reopening of the Strait of Hormuz. “The de-escalation and fears of tighter global supplies are easing, which is tripping some long liquidation by funds,” Dennis Kissler of BOK Financial BOKF -0.05%
decrease; down pointing triangle
says in a note. Rising U.S. commercial crude stocks are also a bearish factor, he adds. The EIA reported a 95,000 barrel increase in crude inventories, which was smaller than expected but still a fourth consecutive weekly rise. WTI edges down 0.2% to $82.23 a barrel, and Brent falls 0.8% to $87.84.(anthony.harrupwsj.com)
0900 ET – The slide in oil futures extends into a third session with renewed moves seen toward a reopening of the Strait of Hormuz after the U.S. outlined tighter economic sanctions on Iran. The oil market had been “seriously spooked” by the announcements of new measures a week earlier, but “breathed a sigh of relief at the Treasury’s rather modest measures and began to unwind their long positions in Brent in line with the ‘buy the rumor, sell the fact’ principle,” FxPro chief market ***** yst Alex Kuptsikevich says in a note. “The selloff then continued against the backdrop of a de-escalation of the conflict in the Middle East.” WTI is down 2.4% at $80.39 a barrel and Brent is off 2.5% at $86.38.(anthony.harrupwsj.com)
#brent #rather
Listen
(3 min)
1546 ET – Crude futures extend losses to three sessions on cautious expectations that the U.S. economic isolation of Iran, rather than military action, could bring about a reopening of the Strait of Hormuz. “The de-escalation and fears of tighter global supplies are easing, which is tripping some long liquidation by funds,” Dennis Kissler of BOK Financial BOKF -0.05%
decrease; down pointing triangle
says in a note. Rising U.S. commercial crude stocks are also a bearish factor, he adds. The EIA reported a 95,000 barrel increase in crude inventories, which was smaller than expected but still a fourth consecutive weekly rise. WTI edges down 0.2% to $82.23 a barrel, and Brent falls 0.8% to $87.84.(anthony.harrupwsj.com)
0900 ET – The slide in oil futures extends into a third session with renewed moves seen toward a reopening of the Strait of Hormuz after the U.S. outlined tighter economic sanctions on Iran. The oil market had been “seriously spooked” by the announcements of new measures a week earlier, but “breathed a sigh of relief at the Treasury’s rather modest measures and began to unwind their long positions in Brent in line with the ‘buy the rumor, sell the fact’ principle,” FxPro chief market ***** yst Alex Kuptsikevich says in a note. “The selloff then continued against the backdrop of a de-escalation of the conflict in the Middle East.” WTI is down 2.4% at $80.39 a barrel and Brent is off 2.5% at $86.38.(anthony.harrupwsj.com)
#brent #rather
2 months ago
Salesforce (NYSE: CRM) stock is enjoying a resurgence. It's up by 28% over the past month as "SaaSpocalypse" fears subside and agentic artificial intelligence initiatives catapult the company's revenue higher.
However, even after its big rally, Salesforce remains attractively valued. Here's how the SaaS stock could climb further.
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 »
Salesforce now trades at a price-to-earnings (P/E) ratio of 24, which is lower than the average ratio of the S&P 500. Less than a year ago, the customer relationship management platform company commanded a P/E ratio above 40.
It isn't often that a stock's valuation drops as the company's fundamentals improve, but that has been the case with Salesforce. In its fiscal 2027 first quarter, which ended April 30, it delivered 13% year-over-year revenue growth, and CEO Marc Benioff cited agentic AI as "the biggest growth opportunity for our customers, and for Salesforce."
#first
However, even after its big rally, Salesforce remains attractively valued. Here's how the SaaS stock could climb further.
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 »
Salesforce now trades at a price-to-earnings (P/E) ratio of 24, which is lower than the average ratio of the S&P 500. Less than a year ago, the customer relationship management platform company commanded a P/E ratio above 40.
It isn't often that a stock's valuation drops as the company's fundamentals improve, but that has been the case with Salesforce. In its fiscal 2027 first quarter, which ended April 30, it delivered 13% year-over-year revenue growth, and CEO Marc Benioff cited agentic AI as "the biggest growth opportunity for our customers, and for Salesforce."
#first
2 months ago
Zillow and Redfin have reached a settlement with the Federal Trade Commission (FTC) and five states, ending a legal fight over a 2025 partnership that the FTC claimed hurt competition in the rental-listing market. The settlement was announced on Monday, just as the case was scheduled to head toward trial this morning.
The case stems from a deal announced last year in which Redfin agreed to display Zillow's rental listings on its websites rather than compete directly with Zillow for rental advertisers. The arrangement could have kept Redfin out of the rental advertising business for as long as nine years. Redfin owns Rent.com and ApartmentGuide.com, two major rental-listing platforms.
According to the FTC and attorneys general from Arizona, Connecticut, New York, Virginia, and Washington, Zillow agreed to pay Redfin $100 million to keep Redfin from competing with Zillow.
The companies defended the partnership as a way to give renters access to a larger pool of listings. The FTC, however, argued that Zillow was paying one of its largest competitors to stop competing, potentially allowing the company to charge higher prices and provide less favorable terms to property managers. It could have also reduced the quality of rental listings available to consumers.
Under the proposed settlement, Redfin will be required to reenter the rental advertising business. The order also removes restrictions that previously limited Redfin's ability to compete independently for property-management customers.
#rental #zillow
The case stems from a deal announced last year in which Redfin agreed to display Zillow's rental listings on its websites rather than compete directly with Zillow for rental advertisers. The arrangement could have kept Redfin out of the rental advertising business for as long as nine years. Redfin owns Rent.com and ApartmentGuide.com, two major rental-listing platforms.
According to the FTC and attorneys general from Arizona, Connecticut, New York, Virginia, and Washington, Zillow agreed to pay Redfin $100 million to keep Redfin from competing with Zillow.
The companies defended the partnership as a way to give renters access to a larger pool of listings. The FTC, however, argued that Zillow was paying one of its largest competitors to stop competing, potentially allowing the company to charge higher prices and provide less favorable terms to property managers. It could have also reduced the quality of rental listings available to consumers.
Under the proposed settlement, Redfin will be required to reenter the rental advertising business. The order also removes restrictions that previously limited Redfin's ability to compete independently for property-management customers.
#rental #zillow
2 months ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Would you ask your child to share in their inheritance? For Eileen, who is in her 60s, this question is not hypothetical.
Eileen's husband currently receives a check every quarter from his family's bloodline trust. But the couple recently discovered that if he dies before she does, Eileen won't inherit his share. Rather, the $2 million trust will pass on to the couple's daughter, who is next in his family's bloodline.
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
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#trust #wealth #jeff
Would you ask your child to share in their inheritance? For Eileen, who is in her 60s, this question is not hypothetical.
Eileen's husband currently receives a check every quarter from his family's bloodline trust. But the couple recently discovered that if he dies before she does, Eileen won't inherit his share. Rather, the $2 million trust will pass on to the couple's daughter, who is next in his family's bloodline.
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
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#trust #wealth #jeff
2 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.
P&G's Gillette closed on the 232 A Street development in South Boston for $99.29M, taking over the full site.
Breakthrough Properties paid $80M for the property in 2021 and won approval for a 325,000 SF campus.
Boston is one of four core markets that drove nearly 8M SF of life science absorption, per JLL.
P&G's Gillette has closed on the 232 A Street development in South Boston, reports Globe St. It paid $99.29M to Breakthrough Properties. The razor maker first planned a headquarters and Technical Innovation Center on the site's former parking lot. It has now taken over the entire development and pledged to invest close to $1B.
#daily #closed #paid
P&G's Gillette closed on the 232 A Street development in South Boston for $99.29M, taking over the full site.
Breakthrough Properties paid $80M for the property in 2021 and won approval for a 325,000 SF campus.
Boston is one of four core markets that drove nearly 8M SF of life science absorption, per JLL.
P&G's Gillette has closed on the 232 A Street development in South Boston, reports Globe St. It paid $99.29M to Breakthrough Properties. The razor maker first planned a headquarters and Technical Innovation Center on the site's former parking lot. It has now taken over the entire development and pledged to invest close to $1B.
#daily #closed #paid
2 months ago
The S&P 500 Index ($SPX) (SPY) closed up by +0.43% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.33%. E-mini S&P futures (ESU26) rose +0.37%, and September E-mini Nasdaq futures (NQU26) rose +0.27%.
Stock indices settled higher on Friday as crude oil prices stabilized, temporarily easing inflation concerns. Crude oil prices consolidated below Thursday's 1-month high on Friday on comments from Iranian President Masoud Pezeshkian, who called for an end to the US-Iran war. Markets await Monday's press conference, when US Treasury Secretary Bessent said the administration would give details on plans to isolate Iran's economy.
Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be 'A Founding Investor' Anyway
Microsoft vs. Broadcom: One Has 85% Upside, But I'm Picking the Other
Rocket Lab and AST ******* eMobile Are Priced for the Big Bang. One ******* e Stock Already Delivered.
#closed #Stock
Stock indices settled higher on Friday as crude oil prices stabilized, temporarily easing inflation concerns. Crude oil prices consolidated below Thursday's 1-month high on Friday on comments from Iranian President Masoud Pezeshkian, who called for an end to the US-Iran war. Markets await Monday's press conference, when US Treasury Secretary Bessent said the administration would give details on plans to isolate Iran's economy.
Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be 'A Founding Investor' Anyway
Microsoft vs. Broadcom: One Has 85% Upside, But I'm Picking the Other
Rocket Lab and AST ******* eMobile Are Priced for the Big Bang. One ******* e Stock Already Delivered.
#closed #Stock
3 months ago
Are you shopping for a dividend stock you can comfortably buy and hold forever? It's not as easy as it used to be. Yesteryear's stalwart companies aren't guaranteed survivors anymore. The advent of the internet -- and, more recently, artificial intelligence -- is making it easier than ever to compete with **** ans in any industry.
There's one well-known dividend-paying blue chip stock, however, that's still as attractive as it ever was because its competitive moat is as wide today as it's ever been. That's consumer goods behemoth Procter & Gamble (NYSE: PG).
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 if you don't use any of them (which is unlikely), you know the company's products. Procter & Gamble is the parent company of Tide laundry detergent, Charmin toilet paper, Gillette razors, Crest toothpaste, and more. Several of its goods are either the first- or second-best sellers in their particular product categories.
That's not just due to luck, though, or even the direct result of being around for longer. In fact, the three reasons so many of P&G's brands dominate their respective categories are the same reasons that income-seeking investors can comfortably buy and hold this consumer staples name forever.
#NVIDIA #ever #procter #Dividend
There's one well-known dividend-paying blue chip stock, however, that's still as attractive as it ever was because its competitive moat is as wide today as it's ever been. That's consumer goods behemoth Procter & Gamble (NYSE: PG).
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 if you don't use any of them (which is unlikely), you know the company's products. Procter & Gamble is the parent company of Tide laundry detergent, Charmin toilet paper, Gillette razors, Crest toothpaste, and more. Several of its goods are either the first- or second-best sellers in their particular product categories.
That's not just due to luck, though, or even the direct result of being around for longer. In fact, the three reasons so many of P&G's brands dominate their respective categories are the same reasons that income-seeking investors can comfortably buy and hold this consumer staples name forever.
#NVIDIA #ever #procter #Dividend
3 months ago
Sigma Lithium (SGML) stock is in focus ahead of the miner's fiscal second-quarter earnings scheduled to be released before the market opens on Aug. 14.
Consensus is for the pure-play lithium producer to record $0.15 in earnings per share (EPS), which would represent a remarkable 188% increase on a year-over-year basis.
Mark Cuban Says If You Win The Lottery, Don't Take The Lump Sum — And Tell People Who Ask for Money No, But 'Be Nice. No One Likes a Mean Billionaire'
JPMorgan Just Upgraded Salesforce Stock. Here's Why.
Why Wall Street Isn't Buying Super Micro's $60 Billion Backlog Quite Yet
#Stock #sgml
Consensus is for the pure-play lithium producer to record $0.15 in earnings per share (EPS), which would represent a remarkable 188% increase on a year-over-year basis.
Mark Cuban Says If You Win The Lottery, Don't Take The Lump Sum — And Tell People Who Ask for Money No, But 'Be Nice. No One Likes a Mean Billionaire'
JPMorgan Just Upgraded Salesforce Stock. Here's Why.
Why Wall Street Isn't Buying Super Micro's $60 Billion Backlog Quite Yet
#Stock #sgml
3 months ago
3 months ago
NVDA powers nearly every physical AI roadmap with revenue surging 85% to $82 billion, while OUST climbed 108% year to date on 56% revenue growth.
Unitree's Shanghai IPO drew 8,000 times retail oversubscription, dwarfing ****** eX's 4x and signaling that physical AI investor appetite has reached full boil.
Symbotic carries a $22 billion backlog and doubled adjusted EBITDA to $95 million, but Walmart revenue concentration and internal-control weaknesses have pushed shares down 31%.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Chinese humanoid robot maker Unitree just delivered one of the loudest signals yet that investor appetite for physical AI has reached full boil. Reuters reports Unitree's $900 million Shanghai IPO was more than 8,000 times oversubscribed by retail investors, with a lot-winning rate of roughly 0.018%. For context, ****** eX's much larger offering was approximately 4x oversubscribed ahead of its June debut, Snowflake's 2020 IPO was 120x, and Facebook's 2012 deal was 20x.
#revenue #shanghai #times #appetite
Unitree's Shanghai IPO drew 8,000 times retail oversubscription, dwarfing ****** eX's 4x and signaling that physical AI investor appetite has reached full boil.
Symbotic carries a $22 billion backlog and doubled adjusted EBITDA to $95 million, but Walmart revenue concentration and internal-control weaknesses have pushed shares down 31%.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Chinese humanoid robot maker Unitree just delivered one of the loudest signals yet that investor appetite for physical AI has reached full boil. Reuters reports Unitree's $900 million Shanghai IPO was more than 8,000 times oversubscribed by retail investors, with a lot-winning rate of roughly 0.018%. For context, ****** eX's much larger offering was approximately 4x oversubscribed ahead of its June debut, Snowflake's 2020 IPO was 120x, and Facebook's 2012 deal was 20x.
#revenue #shanghai #times #appetite
3 months ago
Aug 6 (Reuters) - The world's largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments.
Alphabet, Amazon, Microsoft and Meta signaled in April that spending on AI would not slow down. Tech giants' combined spending is now set to exceed $730 billion this year, up from about $700 billion previously.
The AI boom has entered a "more dangerous phase," marked by exponentially rising investments in physical infrastructure and growing reliance on outside capital, according to an ****** ysis by Bridgewater ****** ociates in February.
AMAZON
Amazon.com is looking to raise at least $25 billion from the U.S. bond market, Bloomberg News reported in July, citing people familiar with the matter.
#billion #Investments #valley
Alphabet, Amazon, Microsoft and Meta signaled in April that spending on AI would not slow down. Tech giants' combined spending is now set to exceed $730 billion this year, up from about $700 billion previously.
The AI boom has entered a "more dangerous phase," marked by exponentially rising investments in physical infrastructure and growing reliance on outside capital, according to an ****** ysis by Bridgewater ****** ociates in February.
AMAZON
Amazon.com is looking to raise at least $25 billion from the U.S. bond market, Bloomberg News reported in July, citing people familiar with the matter.
#billion #Investments #valley
