3 hours ago
With its latest $1.1 billion fund, Andreessen Horowitz is getting physical (with AI).
The firm announced that the Machine Age Fund will invest "into all of the computer infrastructure on which AI runs, including chips, memory, networking, and storage," and that this includes "full systems for running AI: from data centers to robotics to home AI appliances."
General partners Martin Casado and Raghu Raghuram will lead the new strategy, which will target both early- and growth-stage companies. Partners from a16z's Infrastructure, American Dynamism and Growth funds will also invest from the new vehicle.
The fund represents a doubling down on its expansion into hardware investments, especially the AI infrastructure bets it has made in defense.
"Dedicated hardware and robotics funds have existed for years, but when one of the largest firms in venture stands up a fund specifically for that, you pay attention," said PitchBook fund strategies ****** yst Nick Rescigno. "Advances in physical AI are making hardware capable of things that weren't achievable a few years ago."
#years
The firm announced that the Machine Age Fund will invest "into all of the computer infrastructure on which AI runs, including chips, memory, networking, and storage," and that this includes "full systems for running AI: from data centers to robotics to home AI appliances."
General partners Martin Casado and Raghu Raghuram will lead the new strategy, which will target both early- and growth-stage companies. Partners from a16z's Infrastructure, American Dynamism and Growth funds will also invest from the new vehicle.
The fund represents a doubling down on its expansion into hardware investments, especially the AI infrastructure bets it has made in defense.
"Dedicated hardware and robotics funds have existed for years, but when one of the largest firms in venture stands up a fund specifically for that, you pay attention," said PitchBook fund strategies ****** yst Nick Rescigno. "Advances in physical AI are making hardware capable of things that weren't achievable a few years ago."
#years
1 day ago
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Scaled ***** et-light appliance platform extending into commercial and health markets. HBB designs, markets and distributes branded household appliances, specialty housewares, commercial foodservice equipment and connected medication-management solutions, generating $606.9 million of revenue and shipping more than 25 million appliances in 2025. The company outsources substantially all manufacturing while retaining product development, engineering, quality ***** urance, marketing and distribution, keeping capex near 1% of revenue. This model combines a scaled consumer foundation with growing Commercial and Health platforms, while preserving capital for brand investment, innovation and adjacent growth opportunities.
A defensible business model built on reinforcing brand strength, category breadth, retailer access and repeatable innovation. Hamilton Beach, Proctor Silex and Weston provide broad mass-market reach, while Lotus and licensed CHI products extend into premium applications. HBB participates in more than 50 categories, ranked second among U.S. national small-kitchen-appliance brands by 2025 unit sales and draws on 300,000+ annual consumer touchpoints to support product development. Established retail relationships and an ***** et-light sourcing network reinforce the platform, making its competitive position broader than any single brand, product or patent.
Five growth pillars broaden mix across premium, commercial, digital and health markets. Recent initiatives include wider Lotus distribution, new core-product placements, Sunkist commercial products, foodservice-chain trials, AI-optimized content across 500 SKUs and expanding specialty-pharmacy partnerships; Health remained on track to grow 2026 sales 50%. Execution now hinges on converting these initiatives and incremental advertising into sustained revenue growth, better mix and profitable sell-through.
A large addressable market provides multiple growth pockets aligned with HBB's positioning. U.S. small-appliance sales grew 1.0% in 2025, while kitchen electrics increased 4.1% and replacement accounted for 52% of 4Q25 purchases. HBB's strong unit position and accessible price points support replacement demand, while its lower dollar share and roughly 1% position in an estimated $4.2 billion premium TAM leave meaningful premiumization headroom. Commercial automation, home-administered therapies and AI-mediated discovery add further growth avenues.
#Growth #Health #appliance
Scaled ***** et-light appliance platform extending into commercial and health markets. HBB designs, markets and distributes branded household appliances, specialty housewares, commercial foodservice equipment and connected medication-management solutions, generating $606.9 million of revenue and shipping more than 25 million appliances in 2025. The company outsources substantially all manufacturing while retaining product development, engineering, quality ***** urance, marketing and distribution, keeping capex near 1% of revenue. This model combines a scaled consumer foundation with growing Commercial and Health platforms, while preserving capital for brand investment, innovation and adjacent growth opportunities.
A defensible business model built on reinforcing brand strength, category breadth, retailer access and repeatable innovation. Hamilton Beach, Proctor Silex and Weston provide broad mass-market reach, while Lotus and licensed CHI products extend into premium applications. HBB participates in more than 50 categories, ranked second among U.S. national small-kitchen-appliance brands by 2025 unit sales and draws on 300,000+ annual consumer touchpoints to support product development. Established retail relationships and an ***** et-light sourcing network reinforce the platform, making its competitive position broader than any single brand, product or patent.
Five growth pillars broaden mix across premium, commercial, digital and health markets. Recent initiatives include wider Lotus distribution, new core-product placements, Sunkist commercial products, foodservice-chain trials, AI-optimized content across 500 SKUs and expanding specialty-pharmacy partnerships; Health remained on track to grow 2026 sales 50%. Execution now hinges on converting these initiatives and incremental advertising into sustained revenue growth, better mix and profitable sell-through.
A large addressable market provides multiple growth pockets aligned with HBB's positioning. U.S. small-appliance sales grew 1.0% in 2025, while kitchen electrics increased 4.1% and replacement accounted for 52% of 4Q25 purchases. HBB's strong unit position and accessible price points support replacement demand, while its lower dollar share and roughly 1% position in an estimated $4.2 billion premium TAM leave meaningful premiumization headroom. Commercial automation, home-administered therapies and AI-mediated discovery add further growth avenues.
#Growth #Health #appliance
1 day ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Comparable sales growth of 4.1% was driven by a synergistic combination of essential replacement cycles and a return of meaningful product innovation across major categories.
Computing delivered its 10th consecutive quarter of growth, supported by a 21% increase in Best Buy Business sales as enterprise and education segments upgrade legacy hardware.
Home theater performance reached its highest growth since fiscal 2022, fueled by market share gains and a 'halo effect' from the exclusive national launch of RGB TV technology.
Major appliance trends improved materially through strategic investments in delivery speed, achieving next-day availability in nearly all metro locations to capture urgent replacement demand.
#replacement #tell
Comparable sales growth of 4.1% was driven by a synergistic combination of essential replacement cycles and a return of meaningful product innovation across major categories.
Computing delivered its 10th consecutive quarter of growth, supported by a 21% increase in Best Buy Business sales as enterprise and education segments upgrade legacy hardware.
Home theater performance reached its highest growth since fiscal 2022, fueled by market share gains and a 'halo effect' from the exclusive national launch of RGB TV technology.
Major appliance trends improved materially through strategic investments in delivery speed, achieving next-day availability in nearly all metro locations to capture urgent replacement demand.
#replacement #tell
2 days ago
On August 19, Lowe's Companies (NYSE:LOW) reported second-quarter sales of $26 billion, up 8.3% from a year earlier, even though comparable sales inched up just 0.2%. The headline number hides a split personality inside the business. Pro contractors, online shoppers and Do-It-For-Me customers kept spending, while everyday DIY homeowners pulled back hard enough that management trimmed its full-year guidance. That gap between who is still spending and who isn't is the real story in this quarter.
Pro sales grew again, and management credited small and medium-sized contractors responding to the company's digital planning tools and the MyLowe's Pro Rewards loyalty program, which lets Pros quote, plan, and manage jobs inside Lowe's own platform. Online sales jumped 15.7%, helped by expanded visualization tools and the Mylow AI agent, which has fielded more than 25 million customer and ******* ociate questions since launch.
Notably, CEO Marvin Ellison said the conversion rate for online shoppers who use Mylow runs triple that of shoppers who don't, a sign the tool is doing more than answering questions. Appliances delivered a seventh straight quarter of positive comparable sales, aided by next-day delivery in virtually every US ZIP code and a push into premium products like Traeger grills and a GE Profile refrigerator that scans groceries for an Instacart shopping list. Loyalty is compounding too: MyLowe's Rewards has crossed 30 million members who shop more often and spend more per visit than nonmembers, giving the company a growing base to sell that premium ******* ortment into even while the broader housing market stalls.
Comparable transactions fell 2.1% during the quarter, offset only by a 2.3% rise in average ticket, and management pinned the weakness on weather-sensitive and seasonal categories where DIY shoppers dominate. Executive Vice President Joe McFarland said Pro customers themselves are noticing it, describing homeowners who are "more cautious about their spending" and shifting toward smaller repair jobs instead of full remodels.
That caution pushed Lowe's to guide toward the bottom of its prior range, now targeting roughly $92 billion in sales and $12.25 in adjusted earnings per share for the full year. Margins felt it too. Adjusted operating margin slipped 62 basis points to 14%, and CFO Brandon Sink noted that an $80 million tariff refund benefit was largely wiped out by elevated fuel and transportation costs. The company's Foundation Building Materials and Artisan Design Group acquisitions add another layer of risk, since Sink flagged "softer-for-longer new home construction" pressuring demand in both segments. Inventory climbed to $17.7 billion, up $1.4 billion year over year, and adjusted debt to EBITDA sits at 3.0x against a 2.75x target management doesn't expect to hit until mid-2027. Third quarter earnings are guided to come in roughly 7% below last year's adjusted EPS.
#sales #billion #shoppers #online
Pro sales grew again, and management credited small and medium-sized contractors responding to the company's digital planning tools and the MyLowe's Pro Rewards loyalty program, which lets Pros quote, plan, and manage jobs inside Lowe's own platform. Online sales jumped 15.7%, helped by expanded visualization tools and the Mylow AI agent, which has fielded more than 25 million customer and ******* ociate questions since launch.
Notably, CEO Marvin Ellison said the conversion rate for online shoppers who use Mylow runs triple that of shoppers who don't, a sign the tool is doing more than answering questions. Appliances delivered a seventh straight quarter of positive comparable sales, aided by next-day delivery in virtually every US ZIP code and a push into premium products like Traeger grills and a GE Profile refrigerator that scans groceries for an Instacart shopping list. Loyalty is compounding too: MyLowe's Rewards has crossed 30 million members who shop more often and spend more per visit than nonmembers, giving the company a growing base to sell that premium ******* ortment into even while the broader housing market stalls.
Comparable transactions fell 2.1% during the quarter, offset only by a 2.3% rise in average ticket, and management pinned the weakness on weather-sensitive and seasonal categories where DIY shoppers dominate. Executive Vice President Joe McFarland said Pro customers themselves are noticing it, describing homeowners who are "more cautious about their spending" and shifting toward smaller repair jobs instead of full remodels.
That caution pushed Lowe's to guide toward the bottom of its prior range, now targeting roughly $92 billion in sales and $12.25 in adjusted earnings per share for the full year. Margins felt it too. Adjusted operating margin slipped 62 basis points to 14%, and CFO Brandon Sink noted that an $80 million tariff refund benefit was largely wiped out by elevated fuel and transportation costs. The company's Foundation Building Materials and Artisan Design Group acquisitions add another layer of risk, since Sink flagged "softer-for-longer new home construction" pressuring demand in both segments. Inventory climbed to $17.7 billion, up $1.4 billion year over year, and adjusted debt to EBITDA sits at 3.0x against a 2.75x target management doesn't expect to hit until mid-2027. Third quarter earnings are guided to come in roughly 7% below last year's adjusted EPS.
#sales #billion #shoppers #online
3 days ago
Martha Stewart is teaming up with Waymo, Alphabet's autonomous-driving company, on a social campaign announced Thursday that recasts its new Ojai vehicle as her latest "home away from home."
In a 52-second spot inspired by Architectural Digest's Open Door video series, she welcomes viewers into the vehicle and ******* ses it as if it were one of her own residences. "When choosing a property, good homes are essential," she says, praising its "excellent architecture and curb appeal" before touring three screens and asking Gemini about the weather.
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Spike Lee, Timothée Chalamet and All the Stars Spotted at the New York Knicks Ticker-Tape Parade
Martha Stewart Expands Her Empire With First-Ever Kitchen Appliance Line
#vehicle #waymo #ojai
In a 52-second spot inspired by Architectural Digest's Open Door video series, she welcomes viewers into the vehicle and ******* ses it as if it were one of her own residences. "When choosing a property, good homes are essential," she says, praising its "excellent architecture and curb appeal" before touring three screens and asking Gemini about the weather.
More from The Hollywood Reporter
Spike Lee, Timothée Chalamet and All the Stars Spotted at the New York Knicks Ticker-Tape Parade
Martha Stewart Expands Her Empire With First-Ever Kitchen Appliance Line
#vehicle #waymo #ojai
4 days ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
July's inflation report ran a touch hotter than Wall Street wanted, but Wall Street really only has itself to blame.
Gas got cheaper, down 2.7%. Furniture and appliances got cheaper, off 0.9%. Goods overall fell 0.1% in a month when tariffs of up to 50% were already running on autos, steel, and aluminum, which is a genuinely impressive act of price restraint. The American consumer did his part.
The line that ran hot was financial services and insurance, up 1.2% and the biggest single mover in the entire report. Cutting through the economist word soup, your advisor bills you a percentage of whatever you have parked with them, so when stocks went up in July, the pile got bigger, meaning your fees got bigger in dollar terms. On a purely statistical basis, the Bureau of Economic ******* ysis saw the S&P having a nice month and filed it under cost of living. It seems bizarre on its face, but it's also logically defensible as all that money really did leave real people's accounts. The BEA is rewriting the methodology on September 30 anyway, and it is worth noticing who benefits from a version of the index where Wall Street's take no longer counts.
Everything else behaved. Core inflation, the number the Fed actually steers by, came in exactly where the Street expected. Income rose 0.4% against spending of 0.2%, so households earned more and sat on the difference, which squares with Tuesday's confidence report showing people feel okay about this month and grim about next year.
#wall #street #next #NVIDIA
July's inflation report ran a touch hotter than Wall Street wanted, but Wall Street really only has itself to blame.
Gas got cheaper, down 2.7%. Furniture and appliances got cheaper, off 0.9%. Goods overall fell 0.1% in a month when tariffs of up to 50% were already running on autos, steel, and aluminum, which is a genuinely impressive act of price restraint. The American consumer did his part.
The line that ran hot was financial services and insurance, up 1.2% and the biggest single mover in the entire report. Cutting through the economist word soup, your advisor bills you a percentage of whatever you have parked with them, so when stocks went up in July, the pile got bigger, meaning your fees got bigger in dollar terms. On a purely statistical basis, the Bureau of Economic ******* ysis saw the S&P having a nice month and filed it under cost of living. It seems bizarre on its face, but it's also logically defensible as all that money really did leave real people's accounts. The BEA is rewriting the methodology on September 30 anyway, and it is worth noticing who benefits from a version of the index where Wall Street's take no longer counts.
Everything else behaved. Core inflation, the number the Fed actually steers by, came in exactly where the Street expected. Income rose 0.4% against spending of 0.2%, so households earned more and sat on the difference, which squares with Tuesday's confidence report showing people feel okay about this month and grim about next year.
#wall #street #next #NVIDIA
4 days ago
Dollar General (DG) wins the portfolio battle over Best Buy (BBY) with a beta of 0.235, a defensive consumables mix, and just-raised full-year EPS guidance.
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
9 days ago
Lowe's Companies, Inc. (NYSE:LOW)'s second-quarter results were a mixed bag. The company beat expectations on earnings and gross margin, with EPS of $4.27 versus $4.22 expected. However, sales came in at $25.96 billion, below the roughly $26.16 billion estimate, while comparable sales rose just 0.2% against expectations of 0.8%. Lowe's also cut its full-year comparable-sales outlook to flat growth from its previous range of 0% to 2%.
The encouraging part is that the weakness appears to be more about cautious consumers and the broader housing environment than a major execution problem at Lowe's Companies, Inc. (NYSE:LOW). The company is seeing better momentum from professional customers, home services, and online sales, while homeowners continue to spend on necessary repairs even as they postpone larger remodeling projects.
Copyright: luckydog / 123RF Stock Photo
The biggest positive from the quarter is that Lowe's Companies, Inc. (NYSE:LOW) managed to beat earnings expectations even though sales missed. EPS came in at $4.27, ahead of the $4.22 consensus, while gross margin also exceeded expectations. That suggests the company is doing a reasonably good job managing costs and its merchandise mix in a difficult sales environment.
For investors, this matters because Lowe's does not necessarily need strong revenue growth to keep generating solid earnings if it can maintain margins and operate efficiently. Consumers may be delaying expensive kitchen remodels, bathroom renovations, and other discretionary projects, but they still have to fix roofs, plumbing, appliances, and other parts of their homes.
#sales #company #beat #gross
The encouraging part is that the weakness appears to be more about cautious consumers and the broader housing environment than a major execution problem at Lowe's Companies, Inc. (NYSE:LOW). The company is seeing better momentum from professional customers, home services, and online sales, while homeowners continue to spend on necessary repairs even as they postpone larger remodeling projects.
Copyright: luckydog / 123RF Stock Photo
The biggest positive from the quarter is that Lowe's Companies, Inc. (NYSE:LOW) managed to beat earnings expectations even though sales missed. EPS came in at $4.27, ahead of the $4.22 consensus, while gross margin also exceeded expectations. That suggests the company is doing a reasonably good job managing costs and its merchandise mix in a difficult sales environment.
For investors, this matters because Lowe's does not necessarily need strong revenue growth to keep generating solid earnings if it can maintain margins and operate efficiently. Consumers may be delaying expensive kitchen remodels, bathroom renovations, and other discretionary projects, but they still have to fix roofs, plumbing, appliances, and other parts of their homes.
#sales #company #beat #gross
11 days ago
Fortinet (FTNT) demonstrates strong momentum, with a 98% gain over the past year.
FTNT is projected to grow revenue 19.41% this year and 10.97% next year, with earnings expected to rise 25.02% and 8.95%, respectively.
Analyst sentiment is broadly positive with price targets ranging from $102 to $220.
Technical indicators and investor sentiment suggest FTNT still has room to run, supported by robust fundamentals and moderate short interest.
Valued at $117 billion, Fortinet (FTNT) is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers, and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration.
#sentiment #solutions #analyst #valued
FTNT is projected to grow revenue 19.41% this year and 10.97% next year, with earnings expected to rise 25.02% and 8.95%, respectively.
Analyst sentiment is broadly positive with price targets ranging from $102 to $220.
Technical indicators and investor sentiment suggest FTNT still has room to run, supported by robust fundamentals and moderate short interest.
Valued at $117 billion, Fortinet (FTNT) is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers, and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration.
#sentiment #solutions #analyst #valued
12 days ago
Lowe's approaches its fiscal second-quarter earnings with a different mix of opportunities and risks from its larger rival Home Depot. While both retailers are exposed to the same difficult housing environment, Lowe's remains more dependent on the do-it-yourself customer, making consumer confidence, household budgets and housing affordability particularly important indicators for traders.
The company is scheduled to report its second-quarter 2026 results on August 19, one day after Home Depot. That sequencing could make Lowe's report especially important for investors looking for confirmation of whether the weakness in home improvement is stabilizing or becoming more entrenched.
The key issue is whether Lowe's can continue taking market share even if the broader home improvement market remains broadly flat.
Lowe's delivered a relatively solid fiscal first quarter. Sales increased to $23.1 billion from $20.9 billion a year earlier, while comparable sales rose 0.6%. The company benefited from strong spring execution, a 15.5% increase in online sales, and continued strength in appliances, home services and Pro sales.
Reported diluted EPS came in at $2.90, compared with $2.92 a year earlier. However, the quarter included $96 million of pre-tax expenses related to the acquisitions of Foundation Building Materials and Artisan Design Group. Adjusted diluted EPS increased 3.8% to $3.03.
#home #quarter #remains
The company is scheduled to report its second-quarter 2026 results on August 19, one day after Home Depot. That sequencing could make Lowe's report especially important for investors looking for confirmation of whether the weakness in home improvement is stabilizing or becoming more entrenched.
The key issue is whether Lowe's can continue taking market share even if the broader home improvement market remains broadly flat.
Lowe's delivered a relatively solid fiscal first quarter. Sales increased to $23.1 billion from $20.9 billion a year earlier, while comparable sales rose 0.6%. The company benefited from strong spring execution, a 15.5% increase in online sales, and continued strength in appliances, home services and Pro sales.
Reported diluted EPS came in at $2.90, compared with $2.92 a year earlier. However, the quarter included $96 million of pre-tax expenses related to the acquisitions of Foundation Building Materials and Artisan Design Group. Adjusted diluted EPS increased 3.8% to $3.03.
#home #quarter #remains
18 days ago
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If there's a fire in your apartment, renters insurance can help replace any damaged items. It may also help pay for smoke-damaged items, temporary hotel stays, and certain expenses if you can't live in your rental while it's being repaired.
The biggest thing to know is that renters insurance covers your stuff, but not the building itself. So your couch, clothes, laptop, mattress, and dishes may fall under your policy, but the walls, floors, roof, and built-in appliances likely fall under your landlord's insurance.
Depending on your policy, fire damage may trigger several different parts of your renters insurance coverage at the same time.
Personal property coverage helps pay to repair or replace any items you own that were damaged as a result of a covered fire.
#insurance #policy #coverage
If there's a fire in your apartment, renters insurance can help replace any damaged items. It may also help pay for smoke-damaged items, temporary hotel stays, and certain expenses if you can't live in your rental while it's being repaired.
The biggest thing to know is that renters insurance covers your stuff, but not the building itself. So your couch, clothes, laptop, mattress, and dishes may fall under your policy, but the walls, floors, roof, and built-in appliances likely fall under your landlord's insurance.
Depending on your policy, fire damage may trigger several different parts of your renters insurance coverage at the same time.
Personal property coverage helps pay to repair or replace any items you own that were damaged as a result of a covered fire.
#insurance #policy #coverage
20 days ago
Aaron Rodgers may soon say goodbye to New Jersey.
In Touch can confirm that the Pittsburgh Steelers quarterback, 42, has listed his eight-bedroom, 10-bathroom New Jersey mansion for $15 million.
The former New York Jets player purchased the property — located on 2.39 acres — in Montclair in June 2023 for $9.5 million. The Jets play their home games at MetLife Stadium in East Rutherford, which is a short drive from the Montclair area.
The home features an open-concept floor plan that flows from a two-story living room to a custom chef's kitchen featuring Wolf, Sub-Zero and Miele appliances.
The primary suite includes a dressing room and closet with an open-concept spa bathroom that has an oversized glass shower and soaking tub.
#room
In Touch can confirm that the Pittsburgh Steelers quarterback, 42, has listed his eight-bedroom, 10-bathroom New Jersey mansion for $15 million.
The former New York Jets player purchased the property — located on 2.39 acres — in Montclair in June 2023 for $9.5 million. The Jets play their home games at MetLife Stadium in East Rutherford, which is a short drive from the Montclair area.
The home features an open-concept floor plan that flows from a two-story living room to a custom chef's kitchen featuring Wolf, Sub-Zero and Miele appliances.
The primary suite includes a dressing room and closet with an open-concept spa bathroom that has an oversized glass shower and soaking tub.
#room
1 month ago
Fortinet, Inc. (FTNT), headquartered in Sunnyvale, California, provides cybersecurity and convergence of networking and security solutions. Valued at $111.6 billion by market cap, the company offers network security appliances, software, and subscription services. Fortinet systems integrate the industry's broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (IPS), web filtering, antispam, and traffic shaping.
Shares of this cybersecurity giant have outperformed the broader market over the past year. FTNT has gained 43% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.3%. In 2026, FTNT stock is up 88.9%, surpassing SPX's 8.5% rise on a YTD basis.
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#security #fortinet
Shares of this cybersecurity giant have outperformed the broader market over the past year. FTNT has gained 43% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.3%. In 2026, FTNT stock is up 88.9%, surpassing SPX's 8.5% rise on a YTD basis.
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
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#security #fortinet
1 month ago
Growth in last-mile delivery for big and bulky e-commerce items has slowed by half because stagnant home sales mean people are ordering fewer large-ticket discretionary items like furniture and appliances, cutting into profit margins, according to a report from Armstrong & ******* ociates and the National Home Delivery ******* ociation.
Armstrong & ******* ociates estimated the $10.6 billion market for residential delivery of oversized and heavyweight items will grow at a 5.1% compound annual rate through 2027, down from 10.6% over the past eight years, reaching an estimated value of $12.3 billion. Winning service providers will be those that can best execute core, commoditized services such as white-glove delivery, time-definite, returns and in-home ******* embly.
The expansion continues to be driven by major retailers and e-commerce platforms, including Amazon, Wayfair, Home Depot and Lowe's, which have made large-format products central to their online offerings. Many third-party logistics providers (3PLs) support them, primarily utilizing independent contractors and freight brokerage operations, but the work is more complex and cost-intensive than for final-mile couriers in parcel networks who simply drop off packages at doorsteps, or in mailboxes.
As more consumers purchase ******* bersome products online, carriers face growing pressure to provide not just transportation to the curb, but a premium, in-home delivery experience that may include setup, installation, and even haul-away services, while keeping costs under control, the report said.
Demand for exercise equipment, mattresses, furniture and other large items is closely tied to switches in living locations. When people and businesses move, they tend to upgrade items, or add new ones to fill larger ******* es.
#home #associates #furniture
Armstrong & ******* ociates estimated the $10.6 billion market for residential delivery of oversized and heavyweight items will grow at a 5.1% compound annual rate through 2027, down from 10.6% over the past eight years, reaching an estimated value of $12.3 billion. Winning service providers will be those that can best execute core, commoditized services such as white-glove delivery, time-definite, returns and in-home ******* embly.
The expansion continues to be driven by major retailers and e-commerce platforms, including Amazon, Wayfair, Home Depot and Lowe's, which have made large-format products central to their online offerings. Many third-party logistics providers (3PLs) support them, primarily utilizing independent contractors and freight brokerage operations, but the work is more complex and cost-intensive than for final-mile couriers in parcel networks who simply drop off packages at doorsteps, or in mailboxes.
As more consumers purchase ******* bersome products online, carriers face growing pressure to provide not just transportation to the curb, but a premium, in-home delivery experience that may include setup, installation, and even haul-away services, while keeping costs under control, the report said.
Demand for exercise equipment, mattresses, furniture and other large items is closely tied to switches in living locations. When people and businesses move, they tend to upgrade items, or add new ones to fill larger ******* es.
#home #associates #furniture
2 months ago
The trial of a woman accused of killing her baby by exposing her to heat from a hairdryer has heard the infant's DNA was found on the appliance.
A forensic biologist told the High Court in Aberdeen that samples taken from the hairdryer nozzle matched the DNA of three-month old Dahlia-Rose Gartshore.
Courtney Gartshore, 28, denies culpable homicide while the baby was in her care on 30 September 2023 and a series of other charges.
The court also heard that fragments taken from a partially-stained bedsheet at her flat in Peterhead were identified as belonging to the baby.
Giving evidence on the fourth day of the trial, forensic biologist Esther Combe said a "white crusty material" found on the hairdryer's nozzle had been tested and matched with Dahlia-Rose.
A forensic biologist told the High Court in Aberdeen that samples taken from the hairdryer nozzle matched the DNA of three-month old Dahlia-Rose Gartshore.
Courtney Gartshore, 28, denies culpable homicide while the baby was in her care on 30 September 2023 and a series of other charges.
The court also heard that fragments taken from a partially-stained bedsheet at her flat in Peterhead were identified as belonging to the baby.
Giving evidence on the fourth day of the trial, forensic biologist Esther Combe said a "white crusty material" found on the hairdryer's nozzle had been tested and matched with Dahlia-Rose.
2 months ago
Best Buy Co., Inc. (NYSE:BBY) is one of the dividend stocks picked by financial media as investors ask whether dividend stocks are tax-efficient. On May 28, Best Buy reported Q1 FY27 results and said it returned $202 million to shareholders through dividends during the quarter. The company also said its board authorized a regular quarterly cash dividend of $0.96 per common share, payable July 9 to shareholders of record as of June 18. Best Buy added that it still expected to spend about $300 million on share repurchases during FY27.
The update fits the tax-efficiency question because it separates two forms of capital return. The dividend may qualify for preferential tax treatment if holding-period rules are met, but it still creates taxable income when paid. The planned repurchases are different because buybacks can support per-share value without sending taxable cash to every shareholder at once. Best Buy therefore sits in the middle of the tax-efficiency spectrum: cleaner than many ordinary-income vehicles, but less tax-deferred than a company that relies mainly on reinvestment and repurchases.
Copyright: johnkasawa / 123RF Stock Photo
Best Buy Co., Inc. (NYSE:BBY) is a consumer electronics retailer that sells technology products, appliances, services, and related solutions through stores and digital channels.
While we acknowledge the potential of BBY 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.
The update fits the tax-efficiency question because it separates two forms of capital return. The dividend may qualify for preferential tax treatment if holding-period rules are met, but it still creates taxable income when paid. The planned repurchases are different because buybacks can support per-share value without sending taxable cash to every shareholder at once. Best Buy therefore sits in the middle of the tax-efficiency spectrum: cleaner than many ordinary-income vehicles, but less tax-deferred than a company that relies mainly on reinvestment and repurchases.
Copyright: johnkasawa / 123RF Stock Photo
Best Buy Co., Inc. (NYSE:BBY) is a consumer electronics retailer that sells technology products, appliances, services, and related solutions through stores and digital channels.
While we acknowledge the potential of BBY 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.
2 months ago
Fortinet, Inc. (NASDAQ:FTNT) has surged more than 104% over the past 6 months; much of the gains came after the company reported strong fiscal Q1 2026 earnings in May. The triple-digit gains over the past 6 months make Fortinet, Inc. (NASDAQ:FTNT) one of our Best Performing Agentic AI Stocks to Buy. Fortinet's ranks among the Agentic AI stocks due to its FortiSOC + FortiAI-Assist, which is a unified cloud-delivered security operations center platform powered by agentic AI.
During the fiscal Q1 2026, the company not only topped revenue estimates by 6.68%, but the EPS of $0.82 also exceeded the consensus of $0.62. Notably, during the quarter, the company grew its total billings by 31% year-over-year to $2.09 billion, with standout performance in the Operational Technology segment, which saw billings surge over 70%. Moreover, product revenue surged 41% year-over-year to $645 million, driven by robust demand for high-performance FortiGate appliances used in AI data center deployments.
Despite the gains, recently, on June 30, HSBC downgraded the stock from Hold to Reduce and raised the price target from $98 to $102. The firm noted that the rating change is based on valuation concerns rather than fundamentals. ***** yst Bersey noted Fortinet trades at a 2026 P/E of 46.1x, in line with cybersecurity peers, despite a much slower 11.6% EPS growth rate. He noted that the mismatch makes the risk-reward unattractive at current levels. The firm also flagged a large-scale device security event as a near-term risk, potentially slowing product and billings momentum as customers scramble to ***** s exposure. Moreover, HSBC raised its target multiple to 31x from 30x, reflecting AI-led re-rating across the sector, but kept it well below the peer median of 46x.
Fortinet Inc. (NASDAQ:FTNT) provides cybersecurity and convergence of networking and security solutions worldwide.
While we acknowledge the potential of FTNT 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.
During the fiscal Q1 2026, the company not only topped revenue estimates by 6.68%, but the EPS of $0.82 also exceeded the consensus of $0.62. Notably, during the quarter, the company grew its total billings by 31% year-over-year to $2.09 billion, with standout performance in the Operational Technology segment, which saw billings surge over 70%. Moreover, product revenue surged 41% year-over-year to $645 million, driven by robust demand for high-performance FortiGate appliances used in AI data center deployments.
Despite the gains, recently, on June 30, HSBC downgraded the stock from Hold to Reduce and raised the price target from $98 to $102. The firm noted that the rating change is based on valuation concerns rather than fundamentals. ***** yst Bersey noted Fortinet trades at a 2026 P/E of 46.1x, in line with cybersecurity peers, despite a much slower 11.6% EPS growth rate. He noted that the mismatch makes the risk-reward unattractive at current levels. The firm also flagged a large-scale device security event as a near-term risk, potentially slowing product and billings momentum as customers scramble to ***** s exposure. Moreover, HSBC raised its target multiple to 31x from 30x, reflecting AI-led re-rating across the sector, but kept it well below the peer median of 46x.
Fortinet Inc. (NASDAQ:FTNT) provides cybersecurity and convergence of networking and security solutions worldwide.
While we acknowledge the potential of FTNT 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.
2 months ago
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Not necessarily, and this is a question worth thinking through carefully rather than answering reflexively. The logic of "I have not used it so it is wasted money" applies equally to car insurance, term life insurance, and homeowners insurance. ******* ody calls their auto policy a waste when they go a year without an accident. The value of any insurance or protection product is not measured by whether you filed a claim. It is measured by whether the risk it covers is real and whether the financial consequence of that risk occurring without coverage would be significant.
A home warranty is a service contract that transfers the financial risk of mechanical failure in covered systems and appliances from your household budget to the warranty provider. What you paid for is not the repair. It is the elimination of uncertainty about what a repair would cost if it happened.
Don't Miss:
One repair bill can cost more than a year of this — Choice Home Warranty covers your major home systems and appliances starting at around $49/month.
Not necessarily, and this is a question worth thinking through carefully rather than answering reflexively. The logic of "I have not used it so it is wasted money" applies equally to car insurance, term life insurance, and homeowners insurance. ******* ody calls their auto policy a waste when they go a year without an accident. The value of any insurance or protection product is not measured by whether you filed a claim. It is measured by whether the risk it covers is real and whether the financial consequence of that risk occurring without coverage would be significant.
A home warranty is a service contract that transfers the financial risk of mechanical failure in covered systems and appliances from your household budget to the warranty provider. What you paid for is not the repair. It is the elimination of uncertainty about what a repair would cost if it happened.
Don't Miss:
One repair bill can cost more than a year of this — Choice Home Warranty covers your major home systems and appliances starting at around $49/month.
2 months ago
Best Buy Co Inc (NYSE:BBY) is positioned for a new phase of growth under incoming CEO Jason Bonfig, according to Jefferies ****** ysts, who said that recent discussions with the executive left them increasingly confident in the company's outlook amid shifting dynamics in consumer electronics.
Jefferies sees a supportive backdrop for the retailer as replacement cycles, product innovation and category complexity converge, creating what it describes as an opportunity for higher industry growth and above-average expansion for Best Buy.
The firm highlighted potential upside drivers, including retail media, third-party marketplace growth, TV replacement demand, and share gains in appliances.
Jefferies pointed to Bonfig's long-standing relationships with key vendors as a strategic advantage, particularly in the context of ongoing supply chain constraints such as memory chip shortages.
The ****** ysts also highlighted his role in securing Best Buy's early exclusivity around RGB televisions, citing it as evidence of his ability to commercialize emerging technology trends.
Jefferies sees a supportive backdrop for the retailer as replacement cycles, product innovation and category complexity converge, creating what it describes as an opportunity for higher industry growth and above-average expansion for Best Buy.
The firm highlighted potential upside drivers, including retail media, third-party marketplace growth, TV replacement demand, and share gains in appliances.
Jefferies pointed to Bonfig's long-standing relationships with key vendors as a strategic advantage, particularly in the context of ongoing supply chain constraints such as memory chip shortages.
The ****** ysts also highlighted his role in securing Best Buy's early exclusivity around RGB televisions, citing it as evidence of his ability to commercialize emerging technology trends.
2 months ago
Samsung Electronics Co., Ltd. (OTC:SSNLF) is one of the fastest-growing high-bandwidth memory stocks to buy. The company gave a direct HBM hook on May 29, 2026, when it began shipping 12-layer HBM4E samples to major global customers. Samsung said the product delivers a stable pin speed of 14Gbps, scalable up to 16Gbps, with memory bandwidth of up to 3.6TB/s per stack for large language models and next-generation AI systems.
The company also said the 48GB version offers more than 30% higher capacity than the previous generation, while energy efficiency and thermal resistance improved 16% and more than 14%, respectively. The update is especially relevant because Samsung combines memory, foundry, logic design, and advanced packaging, using its 1c DRAM process and 4nm logic base die for HBM4E. Its latest reported quarter also showed 69% year-over-year revenue growth, supported by AI memory demand, high-value semiconductor products, and tighter supply.
Samsung Electronics Co., Ltd. (OTC:SSNLF) is a South Korea-based technology company that manufactures memory chips, foundry products, system semiconductors, smartphones, displays, home appliances, network equipment, and consumer electronics.
While we acknowledge the potential of SSNLF 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.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
The company also said the 48GB version offers more than 30% higher capacity than the previous generation, while energy efficiency and thermal resistance improved 16% and more than 14%, respectively. The update is especially relevant because Samsung combines memory, foundry, logic design, and advanced packaging, using its 1c DRAM process and 4nm logic base die for HBM4E. Its latest reported quarter also showed 69% year-over-year revenue growth, supported by AI memory demand, high-value semiconductor products, and tighter supply.
Samsung Electronics Co., Ltd. (OTC:SSNLF) is a South Korea-based technology company that manufactures memory chips, foundry products, system semiconductors, smartphones, displays, home appliances, network equipment, and consumer electronics.
While we acknowledge the potential of SSNLF 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.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
3 months ago
Calix, Inc. (NYSE:CALX) is one of the best AI networking stocks to buy according to ***** ysts. The company gave investors a recent regulatory and deployment angle on June 3, when it said the FCC's latest Conditional Approval notice, combined with prior authorizations, now covers all Calix gateway appliances under the agency's phased approval process.
The approval permits the continued importation, sale, and deployment of Calix gateway appliances, giving service providers confidence to keep ordering and supporting the products across their markets. Calix said service providers can deploy its GigaSpire and GigaPro gateway appliances integrated with the AI-native Calix One platform to deliver differentiated broadband experiences.
The news matters because AI networking is not limited to hyperscale data centers. Broadband providers also need intelligent network platforms, gateway systems, automation, security updates, and subscriber-facing AI tools as connectivity demand grows across homes, businesses, municipalities, and multi-dwelling units. Calix said it will continue delivering software, security, and firmware updates across its installed base, while also expanding its gateway appliance portfolio to address customer needs.
Calix, Inc. (NYSE:CALX) is an AI platform company that enables service providers to transform operations and deliver differentiated broadband experiences through appliances, cloud software, AI agents, and managed services.
While we acknowledge the potential of CALX 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.
The approval permits the continued importation, sale, and deployment of Calix gateway appliances, giving service providers confidence to keep ordering and supporting the products across their markets. Calix said service providers can deploy its GigaSpire and GigaPro gateway appliances integrated with the AI-native Calix One platform to deliver differentiated broadband experiences.
The news matters because AI networking is not limited to hyperscale data centers. Broadband providers also need intelligent network platforms, gateway systems, automation, security updates, and subscriber-facing AI tools as connectivity demand grows across homes, businesses, municipalities, and multi-dwelling units. Calix said it will continue delivering software, security, and firmware updates across its installed base, while also expanding its gateway appliance portfolio to address customer needs.
Calix, Inc. (NYSE:CALX) is an AI platform company that enables service providers to transform operations and deliver differentiated broadband experiences through appliances, cloud software, AI agents, and managed services.
While we acknowledge the potential of CALX 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.
3 months ago
Most homeowners know they'll eventually need to replace at least some of the major components of their home. Roofs wear out over time, especially in areas with severe weather, and water heaters fail. HVAC systems don't last forever, either, nor do large appliances or flooring. But while many of those expenses can be anticipated at least a few years in advance, it's often difficult to know exactly when a central air conditioning system will need to be replaced — or how much that replacement will cost.
That cost question is becoming an increasingly important one as homeowners hold onto their properties longer and look for ways to manage their ongoing maintenance expenses. A central AC system is one of the most expensive household systems to repair or replace, after all, yet many homeowners don't begin researching costs until performance starts to decline or a contractor recommends a replacement. That's when many discover that the price of a new system can vary significantly.
Factors like the size of the home, the efficiency of the unit and the complexity of the installation can all influence the final bill, after all. So, before moving forward with a purchase, it's important to understand both the average costs and what specific factors drive the price of a central air conditioning unit.
Learn how ARS can help you keep your central AC costs down now.
What is the average cost of a central air conditioning unit?
That cost question is becoming an increasingly important one as homeowners hold onto their properties longer and look for ways to manage their ongoing maintenance expenses. A central AC system is one of the most expensive household systems to repair or replace, after all, yet many homeowners don't begin researching costs until performance starts to decline or a contractor recommends a replacement. That's when many discover that the price of a new system can vary significantly.
Factors like the size of the home, the efficiency of the unit and the complexity of the installation can all influence the final bill, after all. So, before moving forward with a purchase, it's important to understand both the average costs and what specific factors drive the price of a central air conditioning unit.
Learn how ARS can help you keep your central AC costs down now.
What is the average cost of a central air conditioning unit?
3 months ago
Drew Barrymore has given fans a rare glimpse inside her beautiful home, sharing a collection of intimate snapshots that showcase the cosy ****** es where she spends time with her family.
Tagging her lifestyle and homewares brand, beautifulbydrew, the actress offered a peek at the charming details that make her house feel uniquely personal. Rather than showing off grand rooms or extravagant features, the photographs focused on the small corners that bring warmth and character to the home.
One image revealed a thoughtfully styled kitchen nook featuring appliances from her Beautiful by Drew collection, sitting beneath a vibrant framed artwork. Elsewhere, a large range cooker overlooked leafy green views through oversized windows, creating a peaceful connection between the indoors and nature outside.
The snapshots highlighted Drew's signature decorating style, which blends elegance with comfort. Colourful artwork, vintage-inspired accessories and carefully chosen textiles appeared throughout the home, creating ****** es that feel curated without being overly formal.
In one particularly charming corner, a whimsical framed sheep illustration hung above patterned hand towels, bringing a playful touch to a classic bathroom. Another image showcased floral towels draped over a bath, reinforcing the home's relaxed, lived-in atmosphere.
Tagging her lifestyle and homewares brand, beautifulbydrew, the actress offered a peek at the charming details that make her house feel uniquely personal. Rather than showing off grand rooms or extravagant features, the photographs focused on the small corners that bring warmth and character to the home.
One image revealed a thoughtfully styled kitchen nook featuring appliances from her Beautiful by Drew collection, sitting beneath a vibrant framed artwork. Elsewhere, a large range cooker overlooked leafy green views through oversized windows, creating a peaceful connection between the indoors and nature outside.
The snapshots highlighted Drew's signature decorating style, which blends elegance with comfort. Colourful artwork, vintage-inspired accessories and carefully chosen textiles appeared throughout the home, creating ****** es that feel curated without being overly formal.
In one particularly charming corner, a whimsical framed sheep illustration hung above patterned hand towels, bringing a playful touch to a classic bathroom. Another image showcased floral towels draped over a bath, reinforcing the home's relaxed, lived-in atmosphere.