7 days ago
Warren Buffett, the former CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), is one of the world's most famous investors. In fact, his long-term success as an investor earned him the nickname the Oracle of Omaha. So investors should pay attention when he issues a warning about elevated risk, as he recently did by suggesting there's a gambling mentality on Wall Street today. However, Wall Street's long-term history still has an important story to tell, too.
Buffett lamented that "we've never had people in a more gambling mood than now," in an interview with Fortune. He even invoked the notion of religious fervor, opining that Wall Street is like a church with a casino attached. That is a very negative view of the market environment, but it isn't unrealistic.
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 »
After rushing headlong into cryptocurrencies, droves of people have now taken up prediction markets. Cryptocurrencies have no intrinsic value and are worth only what their owners are willing to pay. And prediction markets, by definition, have binary outcomes based on time-limited events. That predicting the outcome of a sports event (effectively gambling) can now take place at the same broker a person uses to buy stock in a company should be pretty shocking. And yet it is the norm today for many discount brokers.
However, even if you are as worried as Buffett, that doesn't mean you should dump your long-term investment approach. As the chart above highlights, the market has recovered after every bear market in history. In fact, the S&P 500 index (SNPINDEX: ^GSPC) has gone on to achieve new highs after every single downturn in history so far. It is highly likely that this trend will continue, even if investment risk is high today.
#wall #signal #long #even
Buffett lamented that "we've never had people in a more gambling mood than now," in an interview with Fortune. He even invoked the notion of religious fervor, opining that Wall Street is like a church with a casino attached. That is a very negative view of the market environment, but it isn't unrealistic.
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 »
After rushing headlong into cryptocurrencies, droves of people have now taken up prediction markets. Cryptocurrencies have no intrinsic value and are worth only what their owners are willing to pay. And prediction markets, by definition, have binary outcomes based on time-limited events. That predicting the outcome of a sports event (effectively gambling) can now take place at the same broker a person uses to buy stock in a company should be pretty shocking. And yet it is the norm today for many discount brokers.
However, even if you are as worried as Buffett, that doesn't mean you should dump your long-term investment approach. As the chart above highlights, the market has recovered after every bear market in history. In fact, the S&P 500 index (SNPINDEX: ^GSPC) has gone on to achieve new highs after every single downturn in history so far. It is highly likely that this trend will continue, even if investment risk is high today.
#wall #signal #long #even
8 days ago
Chinese electric vehicle (EV) stocks are having a rough ride this year amid the slowdown in the country's auto market, which is the biggest in the world by a fairly wide margin. Among the listed names, Nio (NIO) and XPeng Motors (XPEV) hit their 52-week lows yesterday, Sept. 2. Li Auto (LI) is also not very far from 52-week lows as investors have shunned Chinese EV stocks this year.
Notably, Nio stood out among peers this year, but pessimism toward Chinese EV stocks has caught up of late, and NIO stock has lost nearly a quarter of its market cap, with a drawdown from the 2026 peak of nearly 45%. Let's ******* yze Nio's recent slump and examine whether the dip is a buying opportunity.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#year #nearly
Notably, Nio stood out among peers this year, but pessimism toward Chinese EV stocks has caught up of late, and NIO stock has lost nearly a quarter of its market cap, with a drawdown from the 2026 peak of nearly 45%. Let's ******* yze Nio's recent slump and examine whether the dip is a buying opportunity.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#year #nearly
17 days ago
Key Takeaways
XRP's strongest early payments argument was capital efficiency, not merely speed: institutions could source liquidity when a payment occurred, rather than keeping money pre-funded around the world.
That gap is narrowing fast. JPMorgan now offers eight-currency blockchain deposit accounts with onchain FX, while Citi says its 24/7 network can reduce pre-funding across more than 40 markets.
XRP still has a role in situations where bank networks are fragmented or local FX liquidity is poor, but it increasingly has to compete with tokenized deposits and stablecoins, including Ripple's own RLUSD.
For years, XRP had an obvious target in cross-border payments: banks could send a SWIFT message quickly, but actually moving and settling money remained slower and capital-intensive.
#payments #liquidity #takeaways #strongest
XRP's strongest early payments argument was capital efficiency, not merely speed: institutions could source liquidity when a payment occurred, rather than keeping money pre-funded around the world.
That gap is narrowing fast. JPMorgan now offers eight-currency blockchain deposit accounts with onchain FX, while Citi says its 24/7 network can reduce pre-funding across more than 40 markets.
XRP still has a role in situations where bank networks are fragmented or local FX liquidity is poor, but it increasingly has to compete with tokenized deposits and stablecoins, including Ripple's own RLUSD.
For years, XRP had an obvious target in cross-border payments: banks could send a SWIFT message quickly, but actually moving and settling money remained slower and capital-intensive.
#payments #liquidity #takeaways #strongest
17 days ago
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Bitcoin (BTC-USD) opened at $78,528.41 on Wednesday, August 26, 2026, 0.5% lower than Tuesday's opening price. As of 8:25 a.m. ET this morning, the price of bitcoin moved up to $78,585.58.
Ethereum (ETH-USD) opened at $2,442.30 on Wednesday, August 26, 2026, down 1.6% from Tuesday's opening price. The price of ethereum moved higher this morning to $2,469.90 as of 8:25 a.m. ET.
The price of bitcoin cleared $80,000 yesterday for the first time in over three months. Prices hit a high of $81,235.03 on Tuesday.
The rally follows a surprise move by the U.S. Treasury Department to double its long-term bond-buying program. And this latest price run has bitcoin bulls out in full force.
#opened #morning #advertiser
Bitcoin (BTC-USD) opened at $78,528.41 on Wednesday, August 26, 2026, 0.5% lower than Tuesday's opening price. As of 8:25 a.m. ET this morning, the price of bitcoin moved up to $78,585.58.
Ethereum (ETH-USD) opened at $2,442.30 on Wednesday, August 26, 2026, down 1.6% from Tuesday's opening price. The price of ethereum moved higher this morning to $2,469.90 as of 8:25 a.m. ET.
The price of bitcoin cleared $80,000 yesterday for the first time in over three months. Prices hit a high of $81,235.03 on Tuesday.
The rally follows a surprise move by the U.S. Treasury Department to double its long-term bond-buying program. And this latest price run has bitcoin bulls out in full force.
#opened #morning #advertiser
19 days ago
If you're nearing retirement and find yourself sitting on a lot of money in a traditional IRA or 401(k), you may have a problem on your hands. Granted, some might say it's a good one to have. But a large traditional IRA or 401(k) balance means you may be looking at sizable required minimum distributions, or RMDs.
The problem is that RMDs can drive up your taxes and cause other consequences, too, such as having to pay more for Medicare. So it's important to be mindful of ways to minimize RMDs.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One strategy is to do a Roth conversion before RMDs begin. But if you're going to go that route, there's one big mistake you'll want to make sure to avoid.
A Roth conversion could benefit you in a few ways. Not only can it help you minimize or avoid RMDs, but it can also give you access to savings you can withdraw from tax-free.
#roth #ways
The problem is that RMDs can drive up your taxes and cause other consequences, too, such as having to pay more for Medicare. So it's important to be mindful of ways to minimize RMDs.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One strategy is to do a Roth conversion before RMDs begin. But if you're going to go that route, there's one big mistake you'll want to make sure to avoid.
A Roth conversion could benefit you in a few ways. Not only can it help you minimize or avoid RMDs, but it can also give you access to savings you can withdraw from tax-free.
#roth #ways
23 days ago
On August 11, Cardinal Health (NYSE:CAH) reported fourth-quarter fiscal 2026 results that on the surface look almost too good to be true. Non-GAAP diluted EPS jumped 40% year over year to $2.91, and full-year adjusted free cash flow hit $5 billion. But a large piece of that quarterly jump came from a one-time tariff refund, and the company's own guidance for the year ahead points to a much more normal pace of growth. That gap between the headline number and what's actually repeatable is where this story gets interesting.
Cardinal Health's fiscal 2026 was broad, not lucky. Operational growth was broad-based across segments, with fourth-quarter total revenue reaching $63.7 billion (up 6% year over year) driven by solid demand in Pharmaceutical and Specialty Solutions. Non-GAAP earnings per share have more than doubled since fiscal 2022, from $5.07 to $11.26, and adjusted free cash flow grew from $2.3 billion to $5 billion over that same four-year stretch, funding $7 billion returned to shareholders.
Pharmaceutical and Specialty Solutions did the heavy lifting again in the fourth quarter, with revenue up 6% to $58.8 billion and segment profit up 21% to $645 million on strength in both brand and Specialty. BioPharma Solutions landed two additional gene therapy 3PL commercialization agreements, with Cardinal Health now exclusively servicing nearly half the cell and gene therapy market and supporting approximately three-fourths of the total market overall. The smaller growth businesses continue to compound rapidly: Nuclear PET and Theranostics revenue grew 20% and 30% respectively in the fourth quarter, while at-Home Solutions posted a 99% total fill rate with its best quarter ever for on-time departures. The board also just authorized a $5 billion increase to the buyback program, pushing total authorization to $6.4 billion, and locked in a long-term Kroger contract extension along with a renewal of its largest medical products customer.
Look closer at that 40% EPS jump, though, and a chunk of it isn't repeatable. About $0.31 of the $2.91 in quarterly diluted earnings per share, roughly 15 percentage points of the 40% growth, came from a one-time $100 million net benefit tied to IEEPA tariff refunds landing in the Global Medical Products and Distribution segment. Strip that out and GMPD's fourth-quarter profit was just $50 million, and the company says it continues to incur ongoing costs from the tariffs that replaced IEEPA. Reported GMPD revenue actually fell 2% for the quarter.
#quarter #specialty
Cardinal Health's fiscal 2026 was broad, not lucky. Operational growth was broad-based across segments, with fourth-quarter total revenue reaching $63.7 billion (up 6% year over year) driven by solid demand in Pharmaceutical and Specialty Solutions. Non-GAAP earnings per share have more than doubled since fiscal 2022, from $5.07 to $11.26, and adjusted free cash flow grew from $2.3 billion to $5 billion over that same four-year stretch, funding $7 billion returned to shareholders.
Pharmaceutical and Specialty Solutions did the heavy lifting again in the fourth quarter, with revenue up 6% to $58.8 billion and segment profit up 21% to $645 million on strength in both brand and Specialty. BioPharma Solutions landed two additional gene therapy 3PL commercialization agreements, with Cardinal Health now exclusively servicing nearly half the cell and gene therapy market and supporting approximately three-fourths of the total market overall. The smaller growth businesses continue to compound rapidly: Nuclear PET and Theranostics revenue grew 20% and 30% respectively in the fourth quarter, while at-Home Solutions posted a 99% total fill rate with its best quarter ever for on-time departures. The board also just authorized a $5 billion increase to the buyback program, pushing total authorization to $6.4 billion, and locked in a long-term Kroger contract extension along with a renewal of its largest medical products customer.
Look closer at that 40% EPS jump, though, and a chunk of it isn't repeatable. About $0.31 of the $2.91 in quarterly diluted earnings per share, roughly 15 percentage points of the 40% growth, came from a one-time $100 million net benefit tied to IEEPA tariff refunds landing in the Global Medical Products and Distribution segment. Strip that out and GMPD's fourth-quarter profit was just $50 million, and the company says it continues to incur ongoing costs from the tariffs that replaced IEEPA. Reported GMPD revenue actually fell 2% for the quarter.
#quarter #specialty
23 days ago
Crossroads Capital LLC, an investment management firm, published its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund increased by 11.5% net of fees and expenses during the quarter. Since its founding, the fund has compounded at a net rate of 17.9%. By the end of June 2026, the fund's overall non-delta-adjusted gross and net exposures were 115.0% and 86.9%, respectively. In Q2, the S&P 500 rebounded 14.9%, its best since 2020, as market uncertainty eased. The oil market showed a transition, with Brent crude prices fluctuating. AI and semiconductors thrived, with 25% earnings growth. The quarter underscored a key principle: risk is priced continuously but resolved discontinuously. Small-cap benchmarks hit new highs, though the Magnificent 7 saw modest gains. In Q2, market activity focused on adjustments rather than facts, capitalizing on high option premiums. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Crossroads Capital highlighted FTAI Aviation Ltd. (NASDAQ:FTAI). FTAI Aviation Ltd. (NASDAQ:FTAI) is an aviation company that owns, acquires, and sells aviation equipment. On August 19, 2026, FTAI Aviation Ltd. (NASDAQ:FTAI) closed at $210.91 per share, reflecting a market capitalization of $21.66 billion. FTAI Aviation Ltd. (NASDAQ:FTAI) posted a one‑month return of -6.95%, while its shares gained 38.10% over the past 52 weeks.
Crossroads Capital stated the following regarding FTAI Aviation Ltd. (NASDAQ:FTAI) in its Q2 2026 investor letter:
"FTAI Aviation Ltd. (NASDAQ:FTAI) entered the book eighteen months ago as a special situation, as a short seller campaign had marked the stock into the low $80s. However, it has since graduated to "emerging compounder." Today. FTAI is the leading independent MRO franchise for the CFM56, the most widely-flown engine on earth. It runs a vertically-integrated platform that manufactures "green time" (remaining usable life) by tearing down older engines and rebuilding them with proprietary PMA parts and used serviceable material into modules that swap in days rather than months. In a supply-constrained aftermarket, that speed can be the difference between an airline flying or remaining idle. FTAI captures the demand for that speed with high-margin Aerospace Products revenue layered on top of leasing, with the whole model migrating towards capital-light through its Strategic Capital vehicles.
The first quarter, reported in late April, showed the 2026 guidance of $1.625B in segment EBITDA was table stakes: Adjusted EBITDA came in at $325.6M and Aerospace Products revenue more than doubled with segment EBITDA up 70%. And 270 CFM56 modules were refurbished, up 96% year-over-year. The second quarter, reported late July, saw the Aviation Leasing segment guidance cut from $575M to $475M as part of the company's shift toward a more ***** et-light business model. With the Aerospace Products segment holdin
In its Q2 2026 investor letter, Crossroads Capital highlighted FTAI Aviation Ltd. (NASDAQ:FTAI). FTAI Aviation Ltd. (NASDAQ:FTAI) is an aviation company that owns, acquires, and sells aviation equipment. On August 19, 2026, FTAI Aviation Ltd. (NASDAQ:FTAI) closed at $210.91 per share, reflecting a market capitalization of $21.66 billion. FTAI Aviation Ltd. (NASDAQ:FTAI) posted a one‑month return of -6.95%, while its shares gained 38.10% over the past 52 weeks.
Crossroads Capital stated the following regarding FTAI Aviation Ltd. (NASDAQ:FTAI) in its Q2 2026 investor letter:
"FTAI Aviation Ltd. (NASDAQ:FTAI) entered the book eighteen months ago as a special situation, as a short seller campaign had marked the stock into the low $80s. However, it has since graduated to "emerging compounder." Today. FTAI is the leading independent MRO franchise for the CFM56, the most widely-flown engine on earth. It runs a vertically-integrated platform that manufactures "green time" (remaining usable life) by tearing down older engines and rebuilding them with proprietary PMA parts and used serviceable material into modules that swap in days rather than months. In a supply-constrained aftermarket, that speed can be the difference between an airline flying or remaining idle. FTAI captures the demand for that speed with high-margin Aerospace Products revenue layered on top of leasing, with the whole model migrating towards capital-light through its Strategic Capital vehicles.
The first quarter, reported in late April, showed the 2026 guidance of $1.625B in segment EBITDA was table stakes: Adjusted EBITDA came in at $325.6M and Aerospace Products revenue more than doubled with segment EBITDA up 70%. And 270 CFM56 modules were refurbished, up 96% year-over-year. The second quarter, reported late July, saw the Aviation Leasing segment guidance cut from $575M to $475M as part of the company's shift toward a more ***** et-light business model. With the Aerospace Products segment holdin
1 month ago
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CoreWeave, Inc. (NASDAQ:CRWV) reports second-quarter earnings after the close today, with the call at 5 p.m. ET.
Analysts expect revenue of roughly $2.56 billion, more than double the year-ago figure, alongside a loss of about $1.40 per share. The stock sits roughly 35% below its pre-earnings May peak.
Beyond the headline numbers, Kalshi traders are betting on what management will talk about, from Nvidia and Anthropic to storage and government contracts.
"Storage" leads the board at 97%, with supplier "Solidigm" at 79%. CoreWeave signed a multi-year deal last week for priority access to the SSD maker's drives, calling storage a critical constraint as industry supply tightens.
#revenue #earnings #roughly
CoreWeave, Inc. (NASDAQ:CRWV) reports second-quarter earnings after the close today, with the call at 5 p.m. ET.
Analysts expect revenue of roughly $2.56 billion, more than double the year-ago figure, alongside a loss of about $1.40 per share. The stock sits roughly 35% below its pre-earnings May peak.
Beyond the headline numbers, Kalshi traders are betting on what management will talk about, from Nvidia and Anthropic to storage and government contracts.
"Storage" leads the board at 97%, with supplier "Solidigm" at 79%. CoreWeave signed a multi-year deal last week for priority access to the SSD maker's drives, calling storage a critical constraint as industry supply tightens.
#revenue #earnings #roughly
1 month ago
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Aug. 7, 2026 5:24 pm ET
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(2 min)
Marc Lore believes the future of food lies in robots, drones and artificial intelligence-generated menus.
#robots #artificial
Aug. 7, 2026 5:24 pm ET
Listen
(2 min)
Marc Lore believes the future of food lies in robots, drones and artificial intelligence-generated menus.
#robots #artificial
1 month ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
President Donald Trump has long portrayed himself as a champion of free markets, domestic energy production and corporate America.
But after some of the country's largest oil companies reported massive profits while drivers continued paying more than $4 a gallon for gas, Trump decided they had gone too far.
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 still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#Gold #Trump #donald #jeff
President Donald Trump has long portrayed himself as a champion of free markets, domestic energy production and corporate America.
But after some of the country's largest oil companies reported massive profits while drivers continued paying more than $4 a gallon for gas, Trump decided they had gone too far.
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 still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#Gold #Trump #donald #jeff
1 month ago
Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average Cash Corn price as up 9 3/4 cents at $4.20.
The weekly Crop Progress report showed 90% of the US corn crop silking by August 2, with 43% in the dough stage, 5 percentage points ahead of normal. The crop was also 6% dented. US condition ratings slipped another 2% at 61% in good to excellent condition, as the Brugler500 index were down 5 points to at 356.
Arabica Coffee Prices Slump as Dryness in Brazil Aids the Coffee Harvest
Cocoa Prices Surge on Ghana Crop Worries
Wheat, Soybean, and Corn Prices Fall to Start a New Month. What to Watch Next.
#corn #crop #coffee #cash
The weekly Crop Progress report showed 90% of the US corn crop silking by August 2, with 43% in the dough stage, 5 percentage points ahead of normal. The crop was also 6% dented. US condition ratings slipped another 2% at 61% in good to excellent condition, as the Brugler500 index were down 5 points to at 356.
Arabica Coffee Prices Slump as Dryness in Brazil Aids the Coffee Harvest
Cocoa Prices Surge on Ghana Crop Worries
Wheat, Soybean, and Corn Prices Fall to Start a New Month. What to Watch Next.
#corn #crop #coffee #cash
1 month ago
Procter & Gamble Co (NYSE:PG, XETRA:PRG) shares fell more than 3% on Wednesday after the consumer goods giant reported fourth-quarter revenue that missed ***** yst estimates, even as it topped profit expectations.
The maker of Tide detergent and Pampers diapers posted revenue of $21.2 billion for the quarter, up 2% from a year earlier but below ***** ysts' estimate of $21.38 billion. Organic sales were flat year-over-year.
Adjusted earnings per share came in at $1.43, above the $1.41 estimate, though down 3% from the prior year. Diluted EPS fell 15% to $1.26, while net earnings dropped 16% to $3.04 billion.
Both operating and gross margins contracted during the quarter, while SG&A costs rose as a share of sales.
By segment, Beauty led growth, with Grooming, Health Care and Fabric & Home Care also posting modest increases. Baby, Feminine & Family Care was the only segment to decline.
#care
The maker of Tide detergent and Pampers diapers posted revenue of $21.2 billion for the quarter, up 2% from a year earlier but below ***** ysts' estimate of $21.38 billion. Organic sales were flat year-over-year.
Adjusted earnings per share came in at $1.43, above the $1.41 estimate, though down 3% from the prior year. Diluted EPS fell 15% to $1.26, while net earnings dropped 16% to $3.04 billion.
Both operating and gross margins contracted during the quarter, while SG&A costs rose as a share of sales.
By segment, Beauty led growth, with Grooming, Health Care and Fabric & Home Care also posting modest increases. Baby, Feminine & Family Care was the only segment to decline.
#care
2 months ago
Suzlon Group has been awarded a 201.6MW wind power project in the Indian state of Andhra Pradesh by Waaree Forever Energies Private (WFEPL), the independent power producer arm of the Waaree Group.
This marks the Waaree Group's first wind project in the state and is the second consecutive engineering, procurement and construction (EPC) order Suzlon has received in a week under the company's DevCo model.
The project will see Suzlon supply 64 of its S144 wind turbine generators (WTGs), each with a capacity of 3.15MW.
Suzlon Group vice-chairman Girish Tanti said: "This partnership is strategically important as it unites two companies whose growth has mirrored the evolution of India's renewable energy sector.
"Waaree and Suzlon have been trailblazers in solar and wind, respectively, each building world-class manufacturing ecosystems and establishing a strong global presence.
#wind #project #power #andhra
This marks the Waaree Group's first wind project in the state and is the second consecutive engineering, procurement and construction (EPC) order Suzlon has received in a week under the company's DevCo model.
The project will see Suzlon supply 64 of its S144 wind turbine generators (WTGs), each with a capacity of 3.15MW.
Suzlon Group vice-chairman Girish Tanti said: "This partnership is strategically important as it unites two companies whose growth has mirrored the evolution of India's renewable energy sector.
"Waaree and Suzlon have been trailblazers in solar and wind, respectively, each building world-class manufacturing ecosystems and establishing a strong global presence.
#wind #project #power #andhra
2 months ago
Replenish Nutrients CEO Neil Wiens joined Steve Darling from Proactive to discuss a strategic investment agreement with SRC Agrominerals that will provide $7.5 million in growth capital while supporting the expansion of the company's production facilities in Beiseker, Alberta.
Under the agreement, SRC Agrominerals will acquire an initial 19.9% equity stake in Replenish and provide an additional $7.5 million debenture investment, giving the company flexible capital to accelerate its growth plans.
The partnership also includes the appointment of SRC CEO Tim Close to Replenish's Board of Directors, while Dr. David Morris, founder and chairman of Morris Group Canada, will serve as a board advisor and be nominated for election as a director at the company's next annual meeting.
The investment proceeds will fund construction of a 150,000-metric-tonne pelletizing facility at the existing Beiseker site, along with expanded storage, processing, and load-out infrastructure to support both current granulation operations and future production. The expansion is expected to be completed by the first quarter of 2028.
As part of the partnership, the companies have also signed a long-term supply agreement for carbonatite, a mineral-rich resource containing calcium, phosphorus, potassium, magnesium, trace minerals, and beneficial microbial properties. Replenish will incorporate the material into its proprietary regenerative fertilizer products, securing a reliable supply of a key ingredient for future growth.
#morris #board
Under the agreement, SRC Agrominerals will acquire an initial 19.9% equity stake in Replenish and provide an additional $7.5 million debenture investment, giving the company flexible capital to accelerate its growth plans.
The partnership also includes the appointment of SRC CEO Tim Close to Replenish's Board of Directors, while Dr. David Morris, founder and chairman of Morris Group Canada, will serve as a board advisor and be nominated for election as a director at the company's next annual meeting.
The investment proceeds will fund construction of a 150,000-metric-tonne pelletizing facility at the existing Beiseker site, along with expanded storage, processing, and load-out infrastructure to support both current granulation operations and future production. The expansion is expected to be completed by the first quarter of 2028.
As part of the partnership, the companies have also signed a long-term supply agreement for carbonatite, a mineral-rich resource containing calcium, phosphorus, potassium, magnesium, trace minerals, and beneficial microbial properties. Replenish will incorporate the material into its proprietary regenerative fertilizer products, securing a reliable supply of a key ingredient for future growth.
#morris #board
2 months ago
For a long time, IREN Limited (NASDAQ:IREN) was considered a Bitcoin mining operation company, but the company's cloud approach and AI deals have successfully transitioned it into a vertically integrated AI cloud provider.
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#cloud #company
The company came under the spotlight when it announced raising its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, on July 20. The stock rallied nearly 20% after this news.
Out of the new target, roughly 85% is already under contract, as IREN Limited (NASDAQ:IREN) won multi-year cloud services deals with key AI developers, reflecting $2.8 billion in total contract value.
A testament to the company's scaled AI Cloud business is the expansion of 3MW of self-built AI Cloud capacity to 480MW being delivered this year, with expectations of the 1.2GW level in 2027. There's no doubt the company is expanding its customer base across hyperscalers, enterprises and AI developers, but investors want to know whether this announcement actually means something in the long term or if the growth prospects have already been priced in.
The news supports the earlier revenue projection by Freedom Capital. The firm expects the company's revenue to "explode" from $717 million this year to $3.1 billion and $8.5 billion in FY27 and FY28, respectively. The company's latest AI Cloud update provides additional revenue visibility for a business that is expanding at a rapid pace.
#cloud #company
2 months ago
Broadcom (NASDAQ: AVGO) has been a solid stock pick in 2026, rising around 15% so far this year. However, it's down nearly 20% from its all-time high because of a poorly received earnings report. When you dig into why Broadcom's stock fell following that announcement, the reason looks quite silly as bears overreacted to modest guidance. Investors should be looking at this latest sell-off as a golden buying opportunity for a company whose business will explode for the remainder of 2026 and into 2027.
I think this is the most critical reason to buy the stock, as the Broadcom of today is going to look far different from the one at the end of 2027.
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 »
Broadcom does a lot as a company, but a highlight now is its custom AI chips. GPU-based computing is highly effective, but it's expensive. GPUs aren't optimized to run a certain workload because they're meant to be able to handle all types of workloads. This unspecialized nature is great for some applications, and poor for others. In AI, several workloads can be streamlined into one type where a specialized computing chip, like the one Broadcom designs, can deliver superior cost performance versus GPU-based training.
Broadcom's customer list is growing, and it now has four major clients, along with some other smaller ones. Highlighting the list are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Anthropic, and OpenAI. Alphabet, which owns Google, is already a leader in this area, as its Tensor Processing Units (TPUs) are quite popular. The other three's custom AI chips will enter production throughout the remainder of 2026 and into 2027, which is why Broadcom has advertised massive growth.
I think this is the most critical reason to buy the stock, as the Broadcom of today is going to look far different from the one at the end of 2027.
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 »
Broadcom does a lot as a company, but a highlight now is its custom AI chips. GPU-based computing is highly effective, but it's expensive. GPUs aren't optimized to run a certain workload because they're meant to be able to handle all types of workloads. This unspecialized nature is great for some applications, and poor for others. In AI, several workloads can be streamlined into one type where a specialized computing chip, like the one Broadcom designs, can deliver superior cost performance versus GPU-based training.
Broadcom's customer list is growing, and it now has four major clients, along with some other smaller ones. Highlighting the list are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Anthropic, and OpenAI. Alphabet, which owns Google, is already a leader in this area, as its Tensor Processing Units (TPUs) are quite popular. The other three's custom AI chips will enter production throughout the remainder of 2026 and into 2027, which is why Broadcom has advertised massive growth.
2 months ago
Chinese refiners largely stopped competing for Middle Eastern crude during the Iran conflict, leaving more Gulf cargoes available to Europe, India, and the rest of Asia just as traders prepared for a supply shock.
The International Energy Agency (IEA) estimates China drew 41 million barrels from crude inventories during June, one of the largest monthly stock draws on record. Refiners met domestic demand from storage instead of replacing those barrels through imports, allowing Beijing to ride out the sharp jump in Middle Eastern crude prices caused by the conflict.
That inventory was accumulated well before the conflict. The U.S. Energy Information Administration estimates China spent much of 2025 buying roughly 900,000 barrels per day for strategic and commercial storage whenever prices softened.
Independent "teapot" refiners cut operating rates as weak refining margins, slowing fuel demand and higher crude prices squeezed profitability. Reuters reported that several refiners shifted purchases toward discounted Gulf grades and delayed Iranian cargoes, leaving millions of barrels floating offshore without immediate buyers.
Kpler estimated in late May that Chinese seaborne crude imports had fallen to 6.78 million barrels per day, the lowest level in nearly a decade, down from 8.5 million bpd in April and well below the 2025 average of 10.66 million bpd. Refinery intake, however, declined far less sharply, indicating that refiners were meeting the difference by drawing inventories.
The International Energy Agency (IEA) estimates China drew 41 million barrels from crude inventories during June, one of the largest monthly stock draws on record. Refiners met domestic demand from storage instead of replacing those barrels through imports, allowing Beijing to ride out the sharp jump in Middle Eastern crude prices caused by the conflict.
That inventory was accumulated well before the conflict. The U.S. Energy Information Administration estimates China spent much of 2025 buying roughly 900,000 barrels per day for strategic and commercial storage whenever prices softened.
Independent "teapot" refiners cut operating rates as weak refining margins, slowing fuel demand and higher crude prices squeezed profitability. Reuters reported that several refiners shifted purchases toward discounted Gulf grades and delayed Iranian cargoes, leaving millions of barrels floating offshore without immediate buyers.
Kpler estimated in late May that Chinese seaborne crude imports had fallen to 6.78 million barrels per day, the lowest level in nearly a decade, down from 8.5 million bpd in April and well below the 2025 average of 10.66 million bpd. Refinery intake, however, declined far less sharply, indicating that refiners were meeting the difference by drawing inventories.
