10 mins. ago
GEV's $176B backlog positions it as the premium AI infrastructure bet; NEE trades at 22x forward earnings with 8%+ EPS growth through 2032.
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
NextEra's Duane Arnold nuclear restart, backed by a 25-year Google PPA, targets Q1 2029 and anchors its long-term AI power strategy.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and NextEra Energy didn't make the cut. Grab the names FREE today.
GE Vernova (NYSE:GEV) and NextEra Energy (NYSE:NEE) reported June-quarter results within 48 hours of each other. GEV sells the turbines, transformers, and grid gear every hyperscaler needs. NextEra owns the megawatts, the interconnects, and a Florida utility that hyperscalers want to plug into. Two ways to buy the same AI power bottleneck.
GE Vernova posted Q2 revenue of $11.10 billion, up 21.8% year over year, with bookings of $24.2 billion and a $176 billion backlog. Electrification revenue jumped 68%, and $2.7 billion of that came from data center orders in the quarter alone. CEO Scott Strazik told investors GEV is "on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028" and 30 GW by 2030. Wind guidance includes roughly $400 million in EBITDA losses.
#nextera #quarter #backlog
7 hours ago
As announced by the program, Alabama baseball's Bryce Fowler and Hagan Banks have signed with the Minnesota Twins.
A pair of redshirt seniors on Alabama's CWS team this past spring, both of Fowler and Banks were not selected in the 2026 MLB draft, and will now begin their professional career's in the minor leagues of Minnesota's organization.
Fowler joined the Crimson Tide prior to the 2025 season from Pearl River Community College, and went on to start during both seasons in Tuscaloosa as one of Alabama's top defensive players. Across his 121 games played, Fowler slashed a combined .294/.397/.442 with 13 home runs, 83 RBI, and 27 stolen bases, while also leading the Crimson Tide with a .320 batting average this past spring.
Banks spent all five seasons of his collegiate career in Tuscaloosa from 2022-26, emerging as Alabama's closer this past spring. The right-hander made 63 career appearances for Alabama over that span with seven starts, posting a combined 3-4 record with a 3.59 ERA, a 105:33 K:BB ratio, and six saves across 95.1 innings pitched.
Other former Alabama players currently in the Twins' organization include pitchers Connor Prielipp, Riley Quick, Hunter Hoopes, and Jonathan Stevens.
#tide #tuscaloosa
A pair of redshirt seniors on Alabama's CWS team this past spring, both of Fowler and Banks were not selected in the 2026 MLB draft, and will now begin their professional career's in the minor leagues of Minnesota's organization.
Fowler joined the Crimson Tide prior to the 2025 season from Pearl River Community College, and went on to start during both seasons in Tuscaloosa as one of Alabama's top defensive players. Across his 121 games played, Fowler slashed a combined .294/.397/.442 with 13 home runs, 83 RBI, and 27 stolen bases, while also leading the Crimson Tide with a .320 batting average this past spring.
Banks spent all five seasons of his collegiate career in Tuscaloosa from 2022-26, emerging as Alabama's closer this past spring. The right-hander made 63 career appearances for Alabama over that span with seven starts, posting a combined 3-4 record with a 3.59 ERA, a 105:33 K:BB ratio, and six saves across 95.1 innings pitched.
Other former Alabama players currently in the Twins' organization include pitchers Connor Prielipp, Riley Quick, Hunter Hoopes, and Jonathan Stevens.
#tide #tuscaloosa
18 hours ago
2026 has marked a significant turning point in biotech capital markets, not just a small comeback. Venture funding for biotech startups reached $9.1 billion in the first half of the year, the highest first-half total since 2022, while 13 biotech IPOs raised a combined $4.5 billion, with a median haul of nearly $302 million per offering, unusually high by recent standards, with the majority of this year's debutants still trading above their offering price. Dealmaking has also maintained its pace, with 38 acquisitions closing in the same time period, placing the industry at its fastest M&A pace in at least seven years.
Underneath that broad comeback is a more unique validation story for RNA interference in particular. The market for RNAi treatments is expected to rise from $2.9 billion in 2025 to $3.6 billion in 2026. This growth comes after RNAi spent nearly two decades as a research curiosity before receiving its first licensed medicine in 2018. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) has recently emerged as the clearest example of this transition, and the market's reaction raises the question of whether the story has been properly priced.
During Q1 2026, Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) exceeded $1 billion in quarterly product revenue for the first time in its history, with $1.036 billion in net product revenue, up 121% year-over-year and 4% sequentially over Q4 2025, on total revenue of $1.17 billion, up 96% year-over-year. AMVUTTRA alone delivered $890 million, bringing total TTR franchise revenue (AMVUTTRA plus ONPATTRO) to $910 million, up 153% from the previous year.
That growth completely flipped the company's bottom line: GAAP net income was $206 million, compared to a $15.9 million loss in the same quarter the previous year, and GAAP income from operations came in at $268.6 million, up from a prior-year loss. A company that continued to burn cash a year ago is now solidly profitable on a GAAP basis.
The growth is also not driven by a single medicine, which is important for long-term viability. The rare disease franchise, GIVLAARI and OXLUMO, added $126 million, increasing 15% year-over-year, while AMVUTTRA's worldwide rollout has reached seven markets, with payment negotiations still ongoing in the Spanish and French markets. This means that a significant portion of the revenue base is yet to be released.
#revenue #first #gaap #markets
Underneath that broad comeback is a more unique validation story for RNA interference in particular. The market for RNAi treatments is expected to rise from $2.9 billion in 2025 to $3.6 billion in 2026. This growth comes after RNAi spent nearly two decades as a research curiosity before receiving its first licensed medicine in 2018. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) has recently emerged as the clearest example of this transition, and the market's reaction raises the question of whether the story has been properly priced.
During Q1 2026, Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) exceeded $1 billion in quarterly product revenue for the first time in its history, with $1.036 billion in net product revenue, up 121% year-over-year and 4% sequentially over Q4 2025, on total revenue of $1.17 billion, up 96% year-over-year. AMVUTTRA alone delivered $890 million, bringing total TTR franchise revenue (AMVUTTRA plus ONPATTRO) to $910 million, up 153% from the previous year.
That growth completely flipped the company's bottom line: GAAP net income was $206 million, compared to a $15.9 million loss in the same quarter the previous year, and GAAP income from operations came in at $268.6 million, up from a prior-year loss. A company that continued to burn cash a year ago is now solidly profitable on a GAAP basis.
The growth is also not driven by a single medicine, which is important for long-term viability. The rare disease franchise, GIVLAARI and OXLUMO, added $126 million, increasing 15% year-over-year, while AMVUTTRA's worldwide rollout has reached seven markets, with payment negotiations still ongoing in the Spanish and French markets. This means that a significant portion of the revenue base is yet to be released.
#revenue #first #gaap #markets
19 hours ago
Marvell Technology (NASDAQ:MRVL) primarily earns revenue by developing data infrastructure semiconductor solutions and system-on-a-chip architectures for enterprise clients across the globe.
It was officially added to the S&P 500 index on June 22, 2026, and it reported a 52% gross margin for the quarter ended May 2, 2026.
UiPath (NYSE:PATH) primarily earns revenue by delivering a software ecosystem focused on robotic process automation to organizations in various commercial and government settings.
While launching new artificial intelligence features for its Automation Suite on May 5, it recorded an 81% gross margin for the quarter ended April 30, 2026.
Tracking revenue helps investors understand the total volume of money a business brings in before operating expenses or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#revenue #Margin #quarter
It was officially added to the S&P 500 index on June 22, 2026, and it reported a 52% gross margin for the quarter ended May 2, 2026.
UiPath (NYSE:PATH) primarily earns revenue by delivering a software ecosystem focused on robotic process automation to organizations in various commercial and government settings.
While launching new artificial intelligence features for its Automation Suite on May 5, it recorded an 81% gross margin for the quarter ended April 30, 2026.
Tracking revenue helps investors understand the total volume of money a business brings in before operating expenses or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#revenue #Margin #quarter
24 hours ago
SeanStrickland believes Bud Light mishandled the aftermath ofDustinPoirier's arrest.
Poirier was arrested at Hartsfield-Jackson Atlanta InternationalAirport on a charge of public drunkenness after he threatened tofight a police officer while intoxicated and even used a racialslur. He has since owned up to his mistake while accepting hisissues with alcoholism since his retirement, vowing to stay sobergoing forward.
However, Poirier (30-10) recently revealed that Bud Light canceledhis sponsorship due to the incident and Ultimate Fighting Championship middleweight king Stricklandisn't on board with the decision.
While Strickland had initially mocked Poirier for blaming hisdepression, he has since expressed his heartfelt support for "TheDiamond." Strickland had even warned Bud Light against cancelingPoirier's sponsorship. The two-time champion recently lashed out atthe beverage company for the same.
Strickland (31-7) says Bud Light already betrayed America byprinting transgender influencer Dylan Mulvaney's photo on theircans in 2023. He believes Poirier didn't deserve to lose hissponsorship for nothing more than an embarrassing drunk incident.Strickland says Bud Light should have instead extended their helpto Poirier to deal with his alcoholism.
"It made me so f*cking mad. Bud Light already f*cking betrayedAmerica with their f*cking tr--ny on a beer can," Strickland saidon the "Shawn Ryan Show." "How much of a piece of sh*t are you, BudLight? The moment something bad happens where you get a littleshame 'cause you got drunk on a plane and tried to fight a blackcop. Which is funny; it's not racist. You want to terminate hiscontract? They should have reached out to Dustin and said, 'HeyDustin man, you might have a problem with drinking. We're a beercompany, we sponsor you, can we help you?' That's not what theydid. They're gonna say, 'You used our product and you f*cked up.Get the f*ck lost, we don't want that bad image.'"
#poirier #even #used #alcoholism
Poirier was arrested at Hartsfield-Jackson Atlanta InternationalAirport on a charge of public drunkenness after he threatened tofight a police officer while intoxicated and even used a racialslur. He has since owned up to his mistake while accepting hisissues with alcoholism since his retirement, vowing to stay sobergoing forward.
However, Poirier (30-10) recently revealed that Bud Light canceledhis sponsorship due to the incident and Ultimate Fighting Championship middleweight king Stricklandisn't on board with the decision.
While Strickland had initially mocked Poirier for blaming hisdepression, he has since expressed his heartfelt support for "TheDiamond." Strickland had even warned Bud Light against cancelingPoirier's sponsorship. The two-time champion recently lashed out atthe beverage company for the same.
Strickland (31-7) says Bud Light already betrayed America byprinting transgender influencer Dylan Mulvaney's photo on theircans in 2023. He believes Poirier didn't deserve to lose hissponsorship for nothing more than an embarrassing drunk incident.Strickland says Bud Light should have instead extended their helpto Poirier to deal with his alcoholism.
"It made me so f*cking mad. Bud Light already f*cking betrayedAmerica with their f*cking tr--ny on a beer can," Strickland saidon the "Shawn Ryan Show." "How much of a piece of sh*t are you, BudLight? The moment something bad happens where you get a littleshame 'cause you got drunk on a plane and tried to fight a blackcop. Which is funny; it's not racist. You want to terminate hiscontract? They should have reached out to Dustin and said, 'HeyDustin man, you might have a problem with drinking. We're a beercompany, we sponsor you, can we help you?' That's not what theydid. They're gonna say, 'You used our product and you f*cked up.Get the f*ck lost, we don't want that bad image.'"
#poirier #even #used #alcoholism
4 days ago
Earnings season kicked into warp overdrive this past week. And it won't be any easier to navigate the market next week, with results from the likes of Amazon (AMZN), Meta (META), and Microsoft (MSFT).
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.
#market #second #quarter #Microsoft
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.
#market #second #quarter #Microsoft
4 days ago
Intel shares surged after the chipmaker posted better-than-expected second-quarter results driven by booming AI demand.
The company also provided a revenue outlook for the current quarter that topped Wall Street estimates, and said it would increase its capital expenditures.
Intel's stock is soaring after another stronger-than-expected quarter.
Shares of Intel (INTC) were up 4% in recent premarket trading after the company posted earnings that blew past **** ysts' estimates. Late Thursday, Intel reported adjusted earnings per share of 42 cents on revenue that jumped 15% year-over-year to $16.1 billion, well above the adjusted EPS of 22 cents on revenue of $14.43 billion **** ysts surveyed by Visible Alpha called for.
The company said it expects third-quarter revenue of $15.8 billion to $16.8 billion, and EPS of 38 cents, which are both well above the **** yst consensus.
#quarter #billion #cents
The company also provided a revenue outlook for the current quarter that topped Wall Street estimates, and said it would increase its capital expenditures.
Intel's stock is soaring after another stronger-than-expected quarter.
Shares of Intel (INTC) were up 4% in recent premarket trading after the company posted earnings that blew past **** ysts' estimates. Late Thursday, Intel reported adjusted earnings per share of 42 cents on revenue that jumped 15% year-over-year to $16.1 billion, well above the adjusted EPS of 22 cents on revenue of $14.43 billion **** ysts surveyed by Visible Alpha called for.
The company said it expects third-quarter revenue of $15.8 billion to $16.8 billion, and EPS of 38 cents, which are both well above the **** yst consensus.
#quarter #billion #cents
4 days ago
Cleveland-Cliffs (NYSE:CLF), an integrated flat-rolled steel and iron ore producer, closed at $10.96, up 15.98%. Quarterly results and upbeat guidance drove the gain; investors are watching second-half earnings and third-quarter adjusted EBITDA.
Trading volume reached 64.1 million shares, coming in about 223% above its three-month average of 19.8 million shares.
The S&P 500 (SNPINDEX:^GSPC) fell 1.21% to 7,408, and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 2.15% to 25,138. Among other domestic flat-rolled steel manufacturing names, Nucor (NYSE:NUE) closed at $241.15, up 2.23%, while Steel Dynamics (NASDAQ:STLD) closed at $240.57, up 0.81%, highlighting firmer trading in domestic steel peers.
Cleveland-Cliffs confirmed today that the domestic steel market is thriving. Revenue improved both sequentially and year over year as steel pricing and demand remain strong.
Cliffs saw free cash flow turn positive with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumping from $95 million in Q1 to $286 million in Q2. Management expects it to approximately double to $575 million in the third quarter.
The company isn't alone in seeing strength in the sector. Last week, Steel Dynamics posted strong Q2 profit and record shipments, reinforcing domestic pricing strength. Sector leader Nucor will announce its second-quarter results next week. Investors can likely expect more of the same.
#steel #cliffs #closed #quarter
Trading volume reached 64.1 million shares, coming in about 223% above its three-month average of 19.8 million shares.
The S&P 500 (SNPINDEX:^GSPC) fell 1.21% to 7,408, and the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 2.15% to 25,138. Among other domestic flat-rolled steel manufacturing names, Nucor (NYSE:NUE) closed at $241.15, up 2.23%, while Steel Dynamics (NASDAQ:STLD) closed at $240.57, up 0.81%, highlighting firmer trading in domestic steel peers.
Cleveland-Cliffs confirmed today that the domestic steel market is thriving. Revenue improved both sequentially and year over year as steel pricing and demand remain strong.
Cliffs saw free cash flow turn positive with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumping from $95 million in Q1 to $286 million in Q2. Management expects it to approximately double to $575 million in the third quarter.
The company isn't alone in seeing strength in the sector. Last week, Steel Dynamics posted strong Q2 profit and record shipments, reinforcing domestic pricing strength. Sector leader Nucor will announce its second-quarter results next week. Investors can likely expect more of the same.
#steel #cliffs #closed #quarter
4 days ago
Tesla made no Bitcoin sales in the second quarter of 2026. In a market starved for institutional conviction, that decision to hold speaks louder than most announcements.
The electric vehicle maker disclosed its Q2 financial results on Wednesday, confirming it still holds the same Bitcoin position it entered the quarter with, approximately 11,509 BTC.
With Bitcoin trading well below the levels at which Tesla acquired much of its position, the company is sitting on a paper loss. It held anyway.
Tesla first made headlines in early 2021 when it purchased approximately $1.5 billion worth of Bitcoin. It sold a significant portion later that year, citing liquidity needs, and offloaded more in 2022 during the bear market.
Related: **** eX stock hits an all-time low below IPO price, what it means for its 18,712 BTC
#quarter #related
The electric vehicle maker disclosed its Q2 financial results on Wednesday, confirming it still holds the same Bitcoin position it entered the quarter with, approximately 11,509 BTC.
With Bitcoin trading well below the levels at which Tesla acquired much of its position, the company is sitting on a paper loss. It held anyway.
Tesla first made headlines in early 2021 when it purchased approximately $1.5 billion worth of Bitcoin. It sold a significant portion later that year, citing liquidity needs, and offloaded more in 2022 during the bear market.
Related: **** eX stock hits an all-time low below IPO price, what it means for its 18,712 BTC
#quarter #related
4 days ago
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#believe #automation
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#believe #automation
4 days ago
FirstService delivered modest revenue and adjusted earnings growth in the second quarter, while management warned that persistent economic pressure is likely to keep second-half top-line growth near current levels.
FirstService (NASDAQ:FSV) reported second-quarter revenue of $1.45 billion, up 2% year over year.
Adjusted EBITDA increased 3% to $161.7 million, while adjusted EPS rose 2% to $1.75.
FirstService Residential remained the stronger operating segment, generating 5% organic growth and a 6% increase in adjusted EBITDA.
FirstService Brands recorded a 3% organic revenue decline as weaker Roofing Corp. of America activity offset growth at Century Fire Protection.
#quarter
FirstService (NASDAQ:FSV) reported second-quarter revenue of $1.45 billion, up 2% year over year.
Adjusted EBITDA increased 3% to $161.7 million, while adjusted EPS rose 2% to $1.75.
FirstService Residential remained the stronger operating segment, generating 5% organic growth and a 6% increase in adjusted EBITDA.
FirstService Brands recorded a 3% organic revenue decline as weaker Roofing Corp. of America activity offset growth at Century Fire Protection.
#quarter
4 days ago
Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments highlighted Mastercard Incorporated (NYSE:MA). Mastercard Incorporated (NYSE:MA) is a leading global payment technology company provides transaction processing and other payment-related products and services. On July 22, 2026, Mastercard Incorporated (NYSE:MA) closed at $531.98 per share, reflecting a market capitalization of $470.05 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 8.81%, while its shares lost 5.59% over the past 52 weeks.
Montaka Global Investments stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa and Mastercard Incorporated (NYSE:MA), for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#incorporated #businesses #Investments #quarter
In its Q2 2026 investor letter, Montaka Global Investments highlighted Mastercard Incorporated (NYSE:MA). Mastercard Incorporated (NYSE:MA) is a leading global payment technology company provides transaction processing and other payment-related products and services. On July 22, 2026, Mastercard Incorporated (NYSE:MA) closed at $531.98 per share, reflecting a market capitalization of $470.05 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 8.81%, while its shares lost 5.59% over the past 52 weeks.
Montaka Global Investments stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa and Mastercard Incorporated (NYSE:MA), for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#incorporated #businesses #Investments #quarter
4 days ago
Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 22, 2026, Visa Inc. (NYSE:V) closed at $353.42 per share. One-month return of Visa Inc. (NYSE:V) was 5.95%, and its shares lost 1.07% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $665.89 billion.
Montaka Global Investments stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa Inc. (NYSE:V) and Mastercard, for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#NYSE #Services #quarter #investor
In its Q2 2026 investor letter, Montaka Global Investments highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 22, 2026, Visa Inc. (NYSE:V) closed at $353.42 per share. One-month return of Visa Inc. (NYSE:V) was 5.95%, and its shares lost 1.07% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $665.89 billion.
Montaka Global Investments stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa Inc. (NYSE:V) and Mastercard, for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#NYSE #Services #quarter #investor
4 days ago
Tesla reported second-quarter revenue of $28.24 billion, up 26% year over year, while executives highlighted progress toward launching production of the Tesla Semi Class 8 electric truck at its Nevada manufacturing facility.
Austin, Texas-based Tesla (Nasdaq: TSLA) released its second-quarter earnings and held a conference call with ******* ysts after the market closed on Wednesday.
The company generated $20.5 billion in automotive revenue during the quarter, delivered a record 480,126 vehicles worldwide and reported diluted earnings per share of 32 cents.
Operating income totaled $398 million, reflecting higher research and development spending in artificial intelligence, robotics, battery manufacturing and commercial vehicle production.
Tesla CEO Elon Musk said the company is entering what they described as its largest investment cycle, with spending focused on expanding manufacturing capacity across several businesses, including the Tesla Semi program.
#quarter #Manufacturing #semi #year
Austin, Texas-based Tesla (Nasdaq: TSLA) released its second-quarter earnings and held a conference call with ******* ysts after the market closed on Wednesday.
The company generated $20.5 billion in automotive revenue during the quarter, delivered a record 480,126 vehicles worldwide and reported diluted earnings per share of 32 cents.
Operating income totaled $398 million, reflecting higher research and development spending in artificial intelligence, robotics, battery manufacturing and commercial vehicle production.
Tesla CEO Elon Musk said the company is entering what they described as its largest investment cycle, with spending focused on expanding manufacturing capacity across several businesses, including the Tesla Semi program.
#quarter #Manufacturing #semi #year
4 days ago
Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN), a professional services company that focuses on consulting, technology, and outsourcing. On July 22, 2026, Accenture plc (NYSE:ACN) closed at $140.09 per share. One-month return of Accenture plc (NYSE:ACN) was 9.41%, and its shares lost 51.13% over the past 52 weeks. Accenture plc (NYSE:ACN) has a market capitalization of $84.17 billion.
Bristol US Equity Strategy stated the following regarding Accenture plc (NYSE:ACN) in its Q2 2026 investor update:
"We liquidated our stakes in Accenture plc (NYSE:ACN) and Intuit due to overlapping thematic headwinds. Both companies face intensifying market scrutiny regarding the potential for generative AI to disrupt their core business models. Accenture's labour-intensive consulting framework and Intuit's legacy software franchise. Because these structural debates will take considerable time to resolve, the near-term visibility on earnings durability has diminished. More critically, our forward-looking model signaled a material deterioration in their projected dividend-growth trajectories. Consequently, we redeployed this capital into higher-conviction opportunities with what we believe are superior risk adjusted return profiles."
Accenture plc (NYSE:ACN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 64 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the first quarter, compared to 71 in the previous quarter. In the first quarter of fiscal 2026, Accenture plc (NYSE:ACN) reported revenues of $18.7 billion, reflecting a 5% increase in local currency. While we acknowledge the potential of Accenture plc (NYSE:ACN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#Equity #quarter #investor #letter
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Accenture plc (NYSE:ACN). Accenture plc (NYSE:ACN), a professional services company that focuses on consulting, technology, and outsourcing. On July 22, 2026, Accenture plc (NYSE:ACN) closed at $140.09 per share. One-month return of Accenture plc (NYSE:ACN) was 9.41%, and its shares lost 51.13% over the past 52 weeks. Accenture plc (NYSE:ACN) has a market capitalization of $84.17 billion.
Bristol US Equity Strategy stated the following regarding Accenture plc (NYSE:ACN) in its Q2 2026 investor update:
"We liquidated our stakes in Accenture plc (NYSE:ACN) and Intuit due to overlapping thematic headwinds. Both companies face intensifying market scrutiny regarding the potential for generative AI to disrupt their core business models. Accenture's labour-intensive consulting framework and Intuit's legacy software franchise. Because these structural debates will take considerable time to resolve, the near-term visibility on earnings durability has diminished. More critically, our forward-looking model signaled a material deterioration in their projected dividend-growth trajectories. Consequently, we redeployed this capital into higher-conviction opportunities with what we believe are superior risk adjusted return profiles."
Accenture plc (NYSE:ACN) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 64 hedge fund portfolios held Accenture plc (NYSE:ACN) at the end of the first quarter, compared to 71 in the previous quarter. In the first quarter of fiscal 2026, Accenture plc (NYSE:ACN) reported revenues of $18.7 billion, reflecting a 5% increase in local currency. While we acknowledge the potential of Accenture plc (NYSE:ACN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#Equity #quarter #investor #letter
4 days ago
American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year.
While record revenue reflected continued demand for travel, higher fuel costs weighed on the company's earnings forecast.
American Airlines posted adjusted earnings of $0.15 per share for the second quarter, well above **** ysts' consensus estimate of $0.03.
Revenue reached a record $16.7 billion, an increase of 16.3% from the same period last year and broadly in line with Wall Street expectations.
Despite the stronger quarterly performance, investors focused on the company's cautious guidance, sending the stock lower in premarket trading.
#quarter
While record revenue reflected continued demand for travel, higher fuel costs weighed on the company's earnings forecast.
American Airlines posted adjusted earnings of $0.15 per share for the second quarter, well above **** ysts' consensus estimate of $0.03.
Revenue reached a record $16.7 billion, an increase of 16.3% from the same period last year and broadly in line with Wall Street expectations.
Despite the stronger quarterly performance, investors focused on the company's cautious guidance, sending the stock lower in premarket trading.
#quarter
4 days ago
The Seahawks have brought back a veteran player on offense.
Seattle announced on Friday that the club has signed tight end Nick Vannett.
Vannett, 33, was a Seahawks third-round pick back in 2016. He was traded to Pittsburgh midway through the 2019 season after appearing in 42 games for Seattle with 16 starts over his first four seasons.
Since ending 2019 with Pittsburgh, Vannett has spent time with the Broncos, Saints, Giants, Texans, Chargers, ***** ans, Vikings, and Rams.
He's appeared in a total of 121 games with 54 starts, tallying 108 catches for 1,012 yards with nine touchdowns.
#pittsburgh #nick
Seattle announced on Friday that the club has signed tight end Nick Vannett.
Vannett, 33, was a Seahawks third-round pick back in 2016. He was traded to Pittsburgh midway through the 2019 season after appearing in 42 games for Seattle with 16 starts over his first four seasons.
Since ending 2019 with Pittsburgh, Vannett has spent time with the Broncos, Saints, Giants, Texans, Chargers, ***** ans, Vikings, and Rams.
He's appeared in a total of 121 games with 54 starts, tallying 108 catches for 1,012 yards with nine touchdowns.
#pittsburgh #nick
4 days ago
By Isla Binnie and Arasu Kannagi Basil
NEW YORK, July 23 (Reuters) - Blackstone beat ******* yst expectations for second-quarter income on Thursday as the world's largest alternative ******* et manager cashed in on investments, raked in new funds and reaped profits from a mammoth bet on artificial intelligence.
The New York-based company said inflows in the quarter pushed total ******* ets to $1.35 trillion. Distributable earnings, or profit available to shareholders, rose 26% on a per-share basis to $1.52, above estimates of $1.35 provided by LSEG.
Deals to sell a stake in three data centers to Digital Realty and a majority holding in power infrastructure company Sabre Industries to TPG helped push its haul from monetizing ******* ets to $31.8 billion.
Market volatility had hampered some deals in the first quarter, but Blackstone picked up the pace in the second, completing the listings of advertising technology company Liftoff Mobile, a data center investment vehicle called Blackstone Digital Infrastructure Trust and Indian office REIT Bagmane.
#quarter
NEW YORK, July 23 (Reuters) - Blackstone beat ******* yst expectations for second-quarter income on Thursday as the world's largest alternative ******* et manager cashed in on investments, raked in new funds and reaped profits from a mammoth bet on artificial intelligence.
The New York-based company said inflows in the quarter pushed total ******* ets to $1.35 trillion. Distributable earnings, or profit available to shareholders, rose 26% on a per-share basis to $1.52, above estimates of $1.35 provided by LSEG.
Deals to sell a stake in three data centers to Digital Realty and a majority holding in power infrastructure company Sabre Industries to TPG helped push its haul from monetizing ******* ets to $31.8 billion.
Market volatility had hampered some deals in the first quarter, but Blackstone picked up the pace in the second, completing the listings of advertising technology company Liftoff Mobile, a data center investment vehicle called Blackstone Digital Infrastructure Trust and Indian office REIT Bagmane.
#quarter
5 days ago
Tesla Inc. (NASDAQ: $TSLA) kept its Bitcoin treasury unchanged at 11,509 BTC in the second quarter, extending a holding pattern that has now lasted nearly four years.
The electric vehicle maker recorded a $112 million after-tax loss on its digital ******* et holdings as Bitcoin fell about 14% during the quarter. The cryptocurrency declined from roughly $83,000 at the end of March to around $58,000 by June 30 before recovering above $65,000 in July.
Tesla has not bought or sold any Bitcoin since 2022. The company entered the market with a $1.5 billion purchase in early 2021 and briefly accepted the cryptocurrency as payment for its vehicles. It later suspended the option over environmental concerns and sold about 75% of its position the following year.
More From Cryptoprowl:
MEXC Reports 7.1 Billion USDT in ******* eX Futures Volume as Q2 Closes the Gap to Wall Street
#tesla #billion #quarter
The electric vehicle maker recorded a $112 million after-tax loss on its digital ******* et holdings as Bitcoin fell about 14% during the quarter. The cryptocurrency declined from roughly $83,000 at the end of March to around $58,000 by June 30 before recovering above $65,000 in July.
Tesla has not bought or sold any Bitcoin since 2022. The company entered the market with a $1.5 billion purchase in early 2021 and briefly accepted the cryptocurrency as payment for its vehicles. It later suspended the option over environmental concerns and sold about 75% of its position the following year.
More From Cryptoprowl:
MEXC Reports 7.1 Billion USDT in ******* eX Futures Volume as Q2 Closes the Gap to Wall Street
#tesla #billion #quarter
5 days ago
Bristol Gate Capital Partners, an investment management company, published its Q4 2025 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted KLA Corporation (NASDAQ:KLAC) as a newly added position. KLA Corporation (NASDAQ:KLAC) is a global manufacturer and distributor of process control, process-enabling, and yield management solutions for the semiconductor and electronics industries. On July 21, 2026, KLA Corporation (NASDAQ:KLAC) closed at $217.56 per share, reflecting a market capitalization of $284.19 billion. KLA Corporation (NASDAQ:KLAC) posted a one-month return of -9.53%, while its shares gained 142.52% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding KLA Corporation (NASDAQ:KLAC) in its Q2 2026 investor update:
KLA Corporation (NASDAQ:KLAC) is a dominant provider of process-control and metrology equipment to the semiconductor industry, with a high market share that becomes more entrenched at each node transition. Metrology is the precision measurement and evaluation of nanoscale features; as chip-making and architecture grow more complex, the economic cost of yield loss rises sharply, which makes KLA's tools effectively non-discretionary for leading-edge manufacturers. Those tailwinds, combined with prudent management, support strong dividend growth.
KLA Corporation (NASDAQ:KLAC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 71 hedge fund portfolios held KLA Corporation (NASDAQ:KLAC) at the end of the first quarter, up from 67 in the previous quarter. While we acknowledge the potential of KLA Corporation (NASDAQ:KLAC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #management #investor #quarter
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted KLA Corporation (NASDAQ:KLAC) as a newly added position. KLA Corporation (NASDAQ:KLAC) is a global manufacturer and distributor of process control, process-enabling, and yield management solutions for the semiconductor and electronics industries. On July 21, 2026, KLA Corporation (NASDAQ:KLAC) closed at $217.56 per share, reflecting a market capitalization of $284.19 billion. KLA Corporation (NASDAQ:KLAC) posted a one-month return of -9.53%, while its shares gained 142.52% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding KLA Corporation (NASDAQ:KLAC) in its Q2 2026 investor update:
KLA Corporation (NASDAQ:KLAC) is a dominant provider of process-control and metrology equipment to the semiconductor industry, with a high market share that becomes more entrenched at each node transition. Metrology is the precision measurement and evaluation of nanoscale features; as chip-making and architecture grow more complex, the economic cost of yield loss rises sharply, which makes KLA's tools effectively non-discretionary for leading-edge manufacturers. Those tailwinds, combined with prudent management, support strong dividend growth.
KLA Corporation (NASDAQ:KLAC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 71 hedge fund portfolios held KLA Corporation (NASDAQ:KLAC) at the end of the first quarter, up from 67 in the previous quarter. While we acknowledge the potential of KLA Corporation (NASDAQ:KLAC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NASDAQ #management #investor #quarter
5 days ago
OKLO trades just 11% above its 52-week low, yet our $97.74 BUY target implies 121% upside over the next 12 months.
OKLO's $7.22 billion market cap dwarfs SMR's $3 billion, with CEG underscoring the steep execution premium Oklo must earn through commercial startup.
Oklo's bull case projects $170 by July 2027, but $0 FY2024 revenue, non-binding LOIs, and 19% short interest limit near-term conviction.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oklo Inc. didn't make the cut. Grab the names FREE today.
Oklo (NYSE:OKLO) has been one of the most volatile bets on the AI nuclear thesis. After a punishing pullback, our model sees room to run. Shares closed at $44.13 on July 21, 2026, well off the $193.84 52-week high.
#billion #fy2024 #free
OKLO's $7.22 billion market cap dwarfs SMR's $3 billion, with CEG underscoring the steep execution premium Oklo must earn through commercial startup.
Oklo's bull case projects $170 by July 2027, but $0 FY2024 revenue, non-binding LOIs, and 19% short interest limit near-term conviction.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oklo Inc. didn't make the cut. Grab the names FREE today.
Oklo (NYSE:OKLO) has been one of the most volatile bets on the AI nuclear thesis. After a punishing pullback, our model sees room to run. Shares closed at $44.13 on July 21, 2026, well off the $193.84 52-week high.
#billion #fy2024 #free
5 days ago
Dividend Aristocrats are usually known for consistency, not speed. Their long histories of raising dividends make them popular among income investors, but they're not always the first stocks that come to mind when the market is moving higher.
However, some of these companies are doing both- delivering dependable income while outperforming the S&P 500 so far this year.
This High-Yield Bank Stock Just Raised Its Dividend by 11%
TSMC's AI Boom Is Just Getting Started: Why Investors Should Buy the Pullback in TSM Stock Now
Microsoft Is Deepening Ties with AI Giant Mistral. What That Actually Means for MSFT Stock Investors.
#Stock #investors #aristocrats #yield
However, some of these companies are doing both- delivering dependable income while outperforming the S&P 500 so far this year.
This High-Yield Bank Stock Just Raised Its Dividend by 11%
TSMC's AI Boom Is Just Getting Started: Why Investors Should Buy the Pullback in TSM Stock Now
Microsoft Is Deepening Ties with AI Giant Mistral. What That Actually Means for MSFT Stock Investors.
#Stock #investors #aristocrats #yield
5 days ago
Taiwan Semiconductor (TSM), or TSMC, is the company powering the artificial intelligence (AI) revolution. Whether it's Nvidia (NVDA), Apple (AAPL), AMD (AMD), Broadcom (AVGO), or countless other chip designers, the world's most advanced semiconductors are largely manufactured by TSMC. That makes every earnings report from the company a key read for investors tracking AI spending.
The latest report didn't disappoint. TSMC topped Wall Street's expectations for both revenue and earnings in the second quarter, then lifted its full-year outlook once again, citing what it called the "AI megatrend." Yet despite another standout quarter, TSM stock has pulled back as investors weigh higher capital spending and profit-taking after a massive rally.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#earnings #investors #spending #quarter
The latest report didn't disappoint. TSMC topped Wall Street's expectations for both revenue and earnings in the second quarter, then lifted its full-year outlook once again, citing what it called the "AI megatrend." Yet despite another standout quarter, TSM stock has pulled back as investors weigh higher capital spending and profit-taking after a massive rally.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#earnings #investors #spending #quarter
5 days ago
Adtran Holdings (NASDAQ:ADTN) shares dropped 14% on Wednesday after the networking equipment provider lowered its preliminary second-quarter 2026 revenue outlook, citing a delay to a major customer project.
The company now expects second-quarter revenue to be between $280.0 million and $282.0 million, below its previous guidance of $283.0 million to $303.0 million and short of the ******* yst consensus estimate of $293.4 million.
Management said the revised outlook reflects the impact of the delayed customer project, along with continued pressure from elevated component and freight costs.
Adtran also reduced its profitability outlook for the quarter.
Preliminary non-GAAP operating margin is now expected to range from 3.5% to 4.0%, down from the company's previous forecast of 5.0% to 9.0%.
#quarter #outlook #preliminary #customer
The company now expects second-quarter revenue to be between $280.0 million and $282.0 million, below its previous guidance of $283.0 million to $303.0 million and short of the ******* yst consensus estimate of $293.4 million.
Management said the revised outlook reflects the impact of the delayed customer project, along with continued pressure from elevated component and freight costs.
Adtran also reduced its profitability outlook for the quarter.
Preliminary non-GAAP operating margin is now expected to range from 3.5% to 4.0%, down from the company's previous forecast of 5.0% to 9.0%.
#quarter #outlook #preliminary #customer
5 days ago
The complex lengthy letter from CEO and founder Aaron Graft to the shareholders of Triumph Financial this quarter touted the benefits from a stronger freight market, but not too much.
Graft's letter, which tries to both explain and defend the performance and strategy at a company that operates a bank but is ultimately like no other in the logistics field, acknowledged in one of his first paragraphs that "market conditions have become more favorable for Triumph's earnings."
But he quickly added that "over 30% of the revenue growth we have experienced in transportation year-to-date has come from organic growth."
More of the focus in the letter was on a concept Triumph first introduced last quarter: the North Star Metrics.
It is a set of long-term targets, and Triumph (NYSE: TFIN) did well in meeting them in the second quarter.
#quarter #market #Growth #financial
Graft's letter, which tries to both explain and defend the performance and strategy at a company that operates a bank but is ultimately like no other in the logistics field, acknowledged in one of his first paragraphs that "market conditions have become more favorable for Triumph's earnings."
But he quickly added that "over 30% of the revenue growth we have experienced in transportation year-to-date has come from organic growth."
More of the focus in the letter was on a concept Triumph first introduced last quarter: the North Star Metrics.
It is a set of long-term targets, and Triumph (NYSE: TFIN) did well in meeting them in the second quarter.
#quarter #market #Growth #financial
5 days ago
Equinor (EQNR:NYSE) saw a 93% jump in its second-quarter profit from a year earlier as oil and gas prices soared during the Middle East crisis and delivered windfall earnings to the biggest energy firms.
The Norwegian major on Wednesday reported an adjusted operating income after tax of $3.225 billion for the second quarter, up by 93% from the $1.670 billion for the same period last year, and slightly lower than a company-provided **** yst consensus estimate of $3.38 billion.
The adjusted operating income surged by 76% to $11.482 billion, up from $6.535 billion, and higher than the consensus projection of $11.37 billion.
Equinor attributed the surge in profits to higher liquid prices globally and a jump in European natural gas prices, which were only partially offset by lower U.S. natural gas prices.
For the second quarter, Equinor realized a European gas price of $15.8 per million British thermal units (MMBtu), up by 32% from a year earlier, and a liquids price of $97.9 per barrel, a 55% jump year over year.
#year #quarter
The Norwegian major on Wednesday reported an adjusted operating income after tax of $3.225 billion for the second quarter, up by 93% from the $1.670 billion for the same period last year, and slightly lower than a company-provided **** yst consensus estimate of $3.38 billion.
The adjusted operating income surged by 76% to $11.482 billion, up from $6.535 billion, and higher than the consensus projection of $11.37 billion.
Equinor attributed the surge in profits to higher liquid prices globally and a jump in European natural gas prices, which were only partially offset by lower U.S. natural gas prices.
For the second quarter, Equinor realized a European gas price of $15.8 per million British thermal units (MMBtu), up by 32% from a year earlier, and a liquids price of $97.9 per barrel, a 55% jump year over year.
#year #quarter
6 days ago
30 YEARS AGO — 1996
— Mark Gardner and his five-man crew aboard the Bark Ode captured the Mayor’s Cup as overall winner in the Racing Division, covering the course in 1:07:36. Gardner, who had already been sailing three hours before the 10 a.m. start, had been coming to Plattsburgh by sailboat for the race since 1984.
— Girls’ softball in the MVAC turned into a family affair as Elizabethtown-Lewis coach Nancy Bassett was named Coach of the Year and her daughter Hadley took MVP after leading the Lions to a perfect championship season two years after the team went winless. The junior pitched a one-hitter against Schroon Lake, followed with a no-hitter against Crown Point, and finished with 121 strikeouts.
— Meghan Welch, of West Chazy, broke her personal best in the 100-meter **** troke twice in one day at the Empire State Games in Buffalo, going 1:21.37 in the preliminaries and 1:21.22 in the final for a fifth place finish — the top individual swim by a North Country athlete on the games’ opening day. Bombay’s Jessica Jock took sixth in the open 200 individual medley.
— Post 20 (19-6) captured its league **** le and headed to Glens Falls for sub-state play against Lake Placid, having beaten the Adirondacks in all three meetings. Plattsburgh had won seven straight.
#state #games #three #took
— Mark Gardner and his five-man crew aboard the Bark Ode captured the Mayor’s Cup as overall winner in the Racing Division, covering the course in 1:07:36. Gardner, who had already been sailing three hours before the 10 a.m. start, had been coming to Plattsburgh by sailboat for the race since 1984.
— Girls’ softball in the MVAC turned into a family affair as Elizabethtown-Lewis coach Nancy Bassett was named Coach of the Year and her daughter Hadley took MVP after leading the Lions to a perfect championship season two years after the team went winless. The junior pitched a one-hitter against Schroon Lake, followed with a no-hitter against Crown Point, and finished with 121 strikeouts.
— Meghan Welch, of West Chazy, broke her personal best in the 100-meter **** troke twice in one day at the Empire State Games in Buffalo, going 1:21.37 in the preliminaries and 1:21.22 in the final for a fifth place finish — the top individual swim by a North Country athlete on the games’ opening day. Bombay’s Jessica Jock took sixth in the open 200 individual medley.
— Post 20 (19-6) captured its league **** le and headed to Glens Falls for sub-state play against Lake Placid, having beaten the Adirondacks in all three meetings. Plattsburgh had won seven straight.
#state #games #three #took
6 days ago
July 21 (Reuters) - Super Micro Computer said on Tuesday it had secured more than $60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous forecast, sending its shares surging 17.5% in extended trading.
Artificial-intelligence infrastructure firms have seen demand accelerate as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications.
The AI server maker expects gross margins in the range of 15% to 17% for the quarter ended June 30, well above its earlier forecast of 8.2% to 8.4%, "primarily due to a favorable customer and product mix."
Super Micro's backlog grew to "record levels" at the end of fiscal year 2026, it said in a preliminarily statement of results.
It expects quarterly revenue near the low end of its $11 billion to $12.5 billion forecast range. **** ysts expect revenue of $11.67 billion, according to data complied by LSEG.
#billion #super #quarter #gross
Artificial-intelligence infrastructure firms have seen demand accelerate as tech companies and cloud providers ramp up investments in data centers to support large language models and other AI applications.
The AI server maker expects gross margins in the range of 15% to 17% for the quarter ended June 30, well above its earlier forecast of 8.2% to 8.4%, "primarily due to a favorable customer and product mix."
Super Micro's backlog grew to "record levels" at the end of fiscal year 2026, it said in a preliminarily statement of results.
It expects quarterly revenue near the low end of its $11 billion to $12.5 billion forecast range. **** ysts expect revenue of $11.67 billion, according to data complied by LSEG.
#billion #super #quarter #gross
6 days ago
NZS Capital, LLC, an investment management company, released its "NZS Growth Equity Strategy" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Equity markets delivered a strong performance in the second quarter of 2026, driven by demand for AI infrastructure, geopolitical stabilization, and positive earnings reports. The portfolio achieved a gross return of +24.96% and a net return of +24.76%, significantly outperforming the +14.79% return for the Morningstar Global Target Market Exposure Index. Overweight in Semiconductors, stock selection in areas like Software and Industrials, and zero exposure to Energy contributed to the Strategy's outperformance in the quarter. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Arm Holdings plc (NASDAQ:ARM) as a notable contributor. Arm Holdings plc (NASDAQ:ARM) is a UK-based technology company that develops and licenses central processing unit designs and related technologies for semiconductor companies and original equipment manufacturers. On July 20, 2026, Arm Holdings plc (NASDAQ:ARM) closed at $269.61 per share. One-month return of Arm Holdings plc (NASDAQ:ARM) was -26.41%, and its shares gained 72.27% over the past 52 weeks. Arm Holdings plc (NASDAQ:ARM) has a market capitalization of $286.87 billion.
NZS Growth Equity Strategy stated the following regarding Arm Holdings plc (NASDAQ:ARM) in its Q2 2026 investor update:
"Information Technology contributed the most to absolute returns, though Industrials and Communication Services also outperformed. Each of the top-five individual contributors to absolute returns were in the Semiconductor industry and, more importantly, in the AI infrastructure ecosystem. In addition to the improving outlook reflected in chips broadly, Arm Holdings plc (NASDAQ:ARM) shares were further lifted by the company's announced plan to develop its first in house chip, a CPU for AI workloads."
Arm Holdings plc (NASDAQ:ARM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 46 hedge fund portfolios held Arm Holdings plc (NASDAQ:ARM) at the end of the first quarter, compared to 33 in the previous quarter. Arm Holdings plc (NASDAQ:ARM) reported record revenue of $1.49 billion in the fourth quarter of fiscal 2026, up 20% year-over-year. While we acknowledge the potential of Arm Holdings plc (NASDAQ:ARM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#quarter #investor #letter
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Arm Holdings plc (NASDAQ:ARM) as a notable contributor. Arm Holdings plc (NASDAQ:ARM) is a UK-based technology company that develops and licenses central processing unit designs and related technologies for semiconductor companies and original equipment manufacturers. On July 20, 2026, Arm Holdings plc (NASDAQ:ARM) closed at $269.61 per share. One-month return of Arm Holdings plc (NASDAQ:ARM) was -26.41%, and its shares gained 72.27% over the past 52 weeks. Arm Holdings plc (NASDAQ:ARM) has a market capitalization of $286.87 billion.
NZS Growth Equity Strategy stated the following regarding Arm Holdings plc (NASDAQ:ARM) in its Q2 2026 investor update:
"Information Technology contributed the most to absolute returns, though Industrials and Communication Services also outperformed. Each of the top-five individual contributors to absolute returns were in the Semiconductor industry and, more importantly, in the AI infrastructure ecosystem. In addition to the improving outlook reflected in chips broadly, Arm Holdings plc (NASDAQ:ARM) shares were further lifted by the company's announced plan to develop its first in house chip, a CPU for AI workloads."
Arm Holdings plc (NASDAQ:ARM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 46 hedge fund portfolios held Arm Holdings plc (NASDAQ:ARM) at the end of the first quarter, compared to 33 in the previous quarter. Arm Holdings plc (NASDAQ:ARM) reported record revenue of $1.49 billion in the fourth quarter of fiscal 2026, up 20% year-over-year. While we acknowledge the potential of Arm Holdings plc (NASDAQ:ARM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#quarter #investor #letter
6 days ago
NZS Capital, LLC, an investment management company, released its "NZS Growth Equity Strategy" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Equity markets delivered a strong performance in the second quarter of 2026, driven by demand for AI infrastructure, geopolitical stabilization, and positive earnings reports. The portfolio achieved a gross return of +24.96% and a net return of +24.76%, significantly outperforming the +14.79% return for the Morningstar Global Target Market Exposure Index. Overweight in Semiconductors, stock selection in areas like Software and Industrials, and zero exposure to Energy contributed to the Strategy's outperformance in the quarter. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Quanta Services, Inc. (NYSE:PWR). Quanta Services, Inc. (NYSE:PWR) is an infrastructure services company that provides engineering and construction services to utilities, energy infrastructure, and telecommunications projects. On July 20, 2026, Quanta Services, Inc. (NYSE:PWR) closed at $632.56 per share. One-month return of Quanta Services, Inc. (NYSE:PWR) was -9.93%, and its shares gained 60.17% over the past 52 weeks. Quanta Services, Inc. (NYSE:PWR) has a market capitalization of $94.92 billion.
NZS Growth Equity Strategy stated the following regarding Quanta Services, Inc. (NYSE:PWR) in its Q2 2026 investor update:
"Those familiar with our strategy may know a key part of our process concerns reassessment of optional positions that outperform their way into the "middle" of the portfolio. If the team determines that the range of outcomes has narrowed enough for promotion to a resilient position, we add capital; otherwise, we trim the position back to optionality. While we might leave incremental upside on the table, we believe this strict reduction in overactive stocks with wide ranging outcomes allows us to continue benefiting from further upside without letting risk run. This quarter, the portfolio had five positions that worked their way into the middle – a few even ran all the way through the middle in a single day. This situation is unusual and perhaps symptomatic of the volatility in the market. Quanta Services, Inc. (NYSE:PWR) also ran into the middle during the quarter, and we ultimately decided to add capital and promote the position to resilient, reflecting our view that the fundamental range of outcomes for Quanta's business – a US provider of craft labor for electricity generation, transmission, and distribution infrastructure – has continued to narrow."
#quarter #Growth
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Quanta Services, Inc. (NYSE:PWR). Quanta Services, Inc. (NYSE:PWR) is an infrastructure services company that provides engineering and construction services to utilities, energy infrastructure, and telecommunications projects. On July 20, 2026, Quanta Services, Inc. (NYSE:PWR) closed at $632.56 per share. One-month return of Quanta Services, Inc. (NYSE:PWR) was -9.93%, and its shares gained 60.17% over the past 52 weeks. Quanta Services, Inc. (NYSE:PWR) has a market capitalization of $94.92 billion.
NZS Growth Equity Strategy stated the following regarding Quanta Services, Inc. (NYSE:PWR) in its Q2 2026 investor update:
"Those familiar with our strategy may know a key part of our process concerns reassessment of optional positions that outperform their way into the "middle" of the portfolio. If the team determines that the range of outcomes has narrowed enough for promotion to a resilient position, we add capital; otherwise, we trim the position back to optionality. While we might leave incremental upside on the table, we believe this strict reduction in overactive stocks with wide ranging outcomes allows us to continue benefiting from further upside without letting risk run. This quarter, the portfolio had five positions that worked their way into the middle – a few even ran all the way through the middle in a single day. This situation is unusual and perhaps symptomatic of the volatility in the market. Quanta Services, Inc. (NYSE:PWR) also ran into the middle during the quarter, and we ultimately decided to add capital and promote the position to resilient, reflecting our view that the fundamental range of outcomes for Quanta's business – a US provider of craft labor for electricity generation, transmission, and distribution infrastructure – has continued to narrow."
#quarter #Growth
