29 days ago
Phylicia Rashad and Debbie Allen's story reveals how colorism, comparison, and beauty standards can shape Black women's self-image from childhood into adulthood.
For generations of Black communities, actress Phylicia Rashad has been seen as one of the beacons of grace and beauty. However, in a recent conversation on the "IMO Podcast" hosted by Michelle Obama and Craig Robinson, Rashad revealed that she once did not see herself as beautiful in comparison to her sister Debbie Allen.
"I think if there was competition that I felt, I always felt that Debbie was beautiful and that I was not," Rashad shared. "I don't remember what led to the conversation, but I said to Deborah that I had always wanted to be beautiful, like her, and she looked at me, she said, 'But you're the beautiful one, you're the one. I was always trying to be beautiful like you,' and then we broke down and started crying."
"We grew up with that foolishness, that colorism, foolishness that brown paper bag [test] foolishness," Allen interjected. "I remember one time Phylicia loved chocolate milk, and we were drinking chocolate milk, and my uncle said to her, 'Girl, you better drink all the white milk you can.' That was so ugly."
"I think that's why Phylicia felt, but Phylicia looked more like Mama than me. And I always wished that I was pretty like her," Allen added.
#allen
For generations of Black communities, actress Phylicia Rashad has been seen as one of the beacons of grace and beauty. However, in a recent conversation on the "IMO Podcast" hosted by Michelle Obama and Craig Robinson, Rashad revealed that she once did not see herself as beautiful in comparison to her sister Debbie Allen.
"I think if there was competition that I felt, I always felt that Debbie was beautiful and that I was not," Rashad shared. "I don't remember what led to the conversation, but I said to Deborah that I had always wanted to be beautiful, like her, and she looked at me, she said, 'But you're the beautiful one, you're the one. I was always trying to be beautiful like you,' and then we broke down and started crying."
"We grew up with that foolishness, that colorism, foolishness that brown paper bag [test] foolishness," Allen interjected. "I remember one time Phylicia loved chocolate milk, and we were drinking chocolate milk, and my uncle said to her, 'Girl, you better drink all the white milk you can.' That was so ugly."
"I think that's why Phylicia felt, but Phylicia looked more like Mama than me. And I always wished that I was pretty like her," Allen added.
#allen
2 months ago
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Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
For the latest news, weather, sports, and streaming video, head to The Hill.
#welcome #defense #natsec #nexstar
2 months ago
On July 1, QXO Inc. (NYSE:QXO) finalized its cash-and-stock acquisition of TopBuild Corp. for a $17 billion consideration. This makes QXO North America's largest distributor and installer of insulation, the largest distributor of waterproofing products, and the second-largest distributor of roofing products.. Chairman and CEO, Brad Jacobs, noted that the acquisition will enable QXO to explore rapidly expanding end markets such as data centers and broaden its product portfolio. Let's explore QXO's acquisitive growth strategy within the building products distribution segment and what potential does it offer to the company going forward.
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#building
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#building
2 months ago
On July 1, QXO Inc. (NYSE:QXO) finalized its cash-and-stock acquisition of TopBuild Corp. for a $17 billion consideration. This makes QXO North America's largest distributor and installer of insulation, the largest distributor of waterproofing products, and the second-largest distributor of roofing products.. Chairman and CEO, Brad Jacobs, noted that the acquisition will enable QXO to explore rapidly expanding end markets such as data centers and broaden its product portfolio. Let's explore QXO's acquisitive growth strategy within the building products distribution segment and what potential does it offer to the company going forward.
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#year
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#year
2 months ago
On August 13, Kodiak Sciences Inc. (NASDAQ:KOD) reported second-quarter financial results for the period ended June 30, alongside an update on its three late-stage eye disease programs. The clinical-stage biotech told investors it now sits within months of three separate Phase 3 readouts, a stretch CEO Victor Perlroth called the payoff of years of disciplined execution. For a company with no approved products and a widening cash burn, those trial results are about to decide a lot.
Kodiak's near-term story rests on Zenkuda and KSI-501, both being tested in the Phase 3 DAYBREAK study for treatment-naive wet age-related macular degeneration, with one-year primary endpoint topline data due in September 2026. Zenkuda already has four completed Phase 3 studies behind it. In GLOW1 and GLOW2, every patient remained on extended six-month dosing at one year, and in BEACON, nearly half of Zenkuda patients needed no further treatment in the second six months while matching aflibercept on vision and anatomical outcomes. That durability comes from a mean ocular half-life of 20 days, roughly three times longer than approved anti-VEGF drugs.
Behind DAYBREAK sits PEAK, evaluating KSI-101 in macular edema secondary to inflammation, where Kodiak finished enrolling the first 300-patient cohort during the quarter and expects Pivotal ***** ysis 1 data in December 2026. Earlier Phase 1b data showed more than half of MESI patients gaining at least 15 letters of vision, with over 90% resolution of retinal fluid by week eight. Kodiak also began enrolling patients in the roughly 910-patient ALTO study testing KSI-501 against aflibercept in diabetic macular edema, its second registrational trial for that molecule. Zenkuda and KSI-501 together are aimed at a $15 billion anti-VEGF market.
None of that comes cheap. Kodiak's net loss widened to $65.6 million in the second quarter of 2026, or $1.05 per share, up from $54.3 million and $1.03 per share a year earlier. R&D spending jumped to $56.1 million from $42.8 million, as the company ramped up clinical activity across PEAK and PINNACLE and stepped up manufacturing for its Phase 3 programs. General and administrative costs eased slightly to $10.8 million from $12.8 million, but that was not enough to offset the R&D increase.
Kodiak ended the quarter with $125.9 million in cash and equivalents, which management says covers operations into 2027, but working capital fell from $169.3 million at the end of 2025 to $78.6 million by June 30, and stockholders' equity dropped from $157.4 million to $61.1 million over the same stretch. With three separate trials due to report between September and December, any delay or disappointing result would hit a balance sheet that already has less room to absorb it.
#data
Kodiak's near-term story rests on Zenkuda and KSI-501, both being tested in the Phase 3 DAYBREAK study for treatment-naive wet age-related macular degeneration, with one-year primary endpoint topline data due in September 2026. Zenkuda already has four completed Phase 3 studies behind it. In GLOW1 and GLOW2, every patient remained on extended six-month dosing at one year, and in BEACON, nearly half of Zenkuda patients needed no further treatment in the second six months while matching aflibercept on vision and anatomical outcomes. That durability comes from a mean ocular half-life of 20 days, roughly three times longer than approved anti-VEGF drugs.
Behind DAYBREAK sits PEAK, evaluating KSI-101 in macular edema secondary to inflammation, where Kodiak finished enrolling the first 300-patient cohort during the quarter and expects Pivotal ***** ysis 1 data in December 2026. Earlier Phase 1b data showed more than half of MESI patients gaining at least 15 letters of vision, with over 90% resolution of retinal fluid by week eight. Kodiak also began enrolling patients in the roughly 910-patient ALTO study testing KSI-501 against aflibercept in diabetic macular edema, its second registrational trial for that molecule. Zenkuda and KSI-501 together are aimed at a $15 billion anti-VEGF market.
None of that comes cheap. Kodiak's net loss widened to $65.6 million in the second quarter of 2026, or $1.05 per share, up from $54.3 million and $1.03 per share a year earlier. R&D spending jumped to $56.1 million from $42.8 million, as the company ramped up clinical activity across PEAK and PINNACLE and stepped up manufacturing for its Phase 3 programs. General and administrative costs eased slightly to $10.8 million from $12.8 million, but that was not enough to offset the R&D increase.
Kodiak ended the quarter with $125.9 million in cash and equivalents, which management says covers operations into 2027, but working capital fell from $169.3 million at the end of 2025 to $78.6 million by June 30, and stockholders' equity dropped from $157.4 million to $61.1 million over the same stretch. With three separate trials due to report between September and December, any delay or disappointing result would hit a balance sheet that already has less room to absorb it.
#data
2 months ago
One year after renouncing what he called the gay "lifestyle," Christian recording artist and former reality TV star Davis Mallory has revealed his new straight love life.
The singer posted posted a series of photos with a woman he started dating last month to his 28.5K followers on Instagram.
"It's crazy what love can do. I love you rachelevaughanaa," Mallory wrote in a caption for one post showing the couple smooching, cuddling and other PDA selfies and snapshots. "I love you," replied Rachel Vaughan with four heart emojis.
The Georgia native, who calls Nashville home, also posted a video montage of the new couple's travels together over the weekend that he captioned, "Thankful for new memories that someday turn to old photographs."
3 weeks ago, Mallory actually broke the news of his new romance himself. He appeared on a podcast episode that he shared on his Instagram that apparently didn't get any traction. In the caption for the video, he wrote: "When physical intimacy with a man felt hollow, a spiritual journey began. A trip to Hawaii led to a chance encounter with a woman on fire for Jesus, who became a beacon of faith during a time of isolation. This meeting ignited a renewed passion for God."
#rachel
The singer posted posted a series of photos with a woman he started dating last month to his 28.5K followers on Instagram.
"It's crazy what love can do. I love you rachelevaughanaa," Mallory wrote in a caption for one post showing the couple smooching, cuddling and other PDA selfies and snapshots. "I love you," replied Rachel Vaughan with four heart emojis.
The Georgia native, who calls Nashville home, also posted a video montage of the new couple's travels together over the weekend that he captioned, "Thankful for new memories that someday turn to old photographs."
3 weeks ago, Mallory actually broke the news of his new romance himself. He appeared on a podcast episode that he shared on his Instagram that apparently didn't get any traction. In the caption for the video, he wrote: "When physical intimacy with a man felt hollow, a spiritual journey began. A trip to Hawaii led to a chance encounter with a woman on fire for Jesus, who became a beacon of faith during a time of isolation. This meeting ignited a renewed passion for God."
#rachel
2 months ago
It took seven days more than expected, but Walsh Jesuit will get to play its second game of the Ohio high school football season in Week 3 on Friday, Sept. 4.
The Warriors (1-0), ranked No. 1 in the Beacon Journal's Power Poll heading into Week 2 after a season-opening rout of Highland, had to cancel their home opener against Springfield (Clark Co.) late last week after an outbreak of an illness in the Springfield program.
Now Walsh will face a strong test when it hosts Toledo Central Catholic (2-0), a 2025 Division III state runner-up that started the season with wins over Trotwood-Madison (27-9) and Portage Central (24-14).
We'll have complete coverage of Week 3 for Walsh and the other Greater Akron teams throughout the week. Here's a look at this week's games (all kick off at 7 p.m. unless noted):
Watch Ohio High School Football Live on the NFHS Network all season
#season #ohio #springfield #Football
The Warriors (1-0), ranked No. 1 in the Beacon Journal's Power Poll heading into Week 2 after a season-opening rout of Highland, had to cancel their home opener against Springfield (Clark Co.) late last week after an outbreak of an illness in the Springfield program.
Now Walsh will face a strong test when it hosts Toledo Central Catholic (2-0), a 2025 Division III state runner-up that started the season with wins over Trotwood-Madison (27-9) and Portage Central (24-14).
We'll have complete coverage of Week 3 for Walsh and the other Greater Akron teams throughout the week. Here's a look at this week's games (all kick off at 7 p.m. unless noted):
Watch Ohio High School Football Live on the NFHS Network all season
#season #ohio #springfield #Football
2 months ago
It's time to take a look at the standout high school performers from the Akron area last week.
Your vote will determine who will be the Akron-Area High School Athlete of the Week for Aug. 17-23. Each athlete's credentials are listed above the poll — which will be live until 5 p.m. Thursday, Aug. 27. The winners will be announced Friday morning, Aug. 28, on BeaconJournal.com.
Now, let's meet the candidates, who were selected by the Beacon Journal sports staff based on results submitted to the Beacon Journal and nominations from coaches and athletic directors.
Watch Ohio High School Sports Live on the NFHS Network all season
Scored two goals and added an **** ist in a 3-1 win over Canfield.
#journal
Your vote will determine who will be the Akron-Area High School Athlete of the Week for Aug. 17-23. Each athlete's credentials are listed above the poll — which will be live until 5 p.m. Thursday, Aug. 27. The winners will be announced Friday morning, Aug. 28, on BeaconJournal.com.
Now, let's meet the candidates, who were selected by the Beacon Journal sports staff based on results submitted to the Beacon Journal and nominations from coaches and athletic directors.
Watch Ohio High School Sports Live on the NFHS Network all season
Scored two goals and added an **** ist in a 3-1 win over Canfield.
#journal
3 months ago
Indianapolis Colts left guard Quenton Nelson has some leverage as he approaches a payday.
Pro Football Focus ranked Nelson No. 6 among the 10 highest-graded NFL players going into contract years in 2026, giving the eight-time Pro Bowler an 85.5 grade for his work last season.
"He is a beacon of quality and consistency along the offensive interior," PFF's Daire Carragher wrote.
PFF noted that Nelson's play dipped from 2021 through 2023 before he returned to elite play over the past two seasons.
He posted grades of 84.7 and 85.5 during that span and has logged 8,643 interior offensive line snaps since entering the league in 2018. Only Joel Bitonio and Joe Thuney have played more over that stretch, according to PFF.
#offensive #indianapolis #focus #bowler
Pro Football Focus ranked Nelson No. 6 among the 10 highest-graded NFL players going into contract years in 2026, giving the eight-time Pro Bowler an 85.5 grade for his work last season.
"He is a beacon of quality and consistency along the offensive interior," PFF's Daire Carragher wrote.
PFF noted that Nelson's play dipped from 2021 through 2023 before he returned to elite play over the past two seasons.
He posted grades of 84.7 and 85.5 during that span and has logged 8,643 interior offensive line snaps since entering the league in 2018. Only Joel Bitonio and Joe Thuney have played more over that stretch, according to PFF.
#offensive #indianapolis #focus #bowler
3 months ago
Browns defensive end Alex Wright was carted off the field with a lower-leg injury, Chris Easterling of the Akron Beacon Journal reports.
Browns coach Todd Monken said after practice he did not have an update on Wright.
Any absence by Wright into the regular season would hurt.
The Browns traded Myles Garrett this offseason, leaving a huge hole at the position. They were interested in Jadeveon Clowney, Za'Darius Smith and A.J. Epenesa, but none of them signed.
The team drafted Wright in the third round of the 2022 draft. He totaled 37 tackles, 5.5 sacks and 12 tackles for loss in 14 games last season.
#season #alex #easterling #akron
Browns coach Todd Monken said after practice he did not have an update on Wright.
Any absence by Wright into the regular season would hurt.
The Browns traded Myles Garrett this offseason, leaving a huge hole at the position. They were interested in Jadeveon Clowney, Za'Darius Smith and A.J. Epenesa, but none of them signed.
The team drafted Wright in the third round of the 2022 draft. He totaled 37 tackles, 5.5 sacks and 12 tackles for loss in 14 games last season.
#season #alex #easterling #akron
3 months ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
You know what they say: CLOs one door, and another opens.
One of the fastest-growing areas of the ETF industry is in collateralized loan obligations, strategies that hold below-investment-grade, floating-rate loans with varied levels of income and risk. Janus Henderson's CLO ETF (JAAA), the largest fund in this category, recently surpassed $30 billion in AUM, according to the company. The milestone is the latest indicator of these funds' ongoing popularity, but it's not alone. In June, Pacer ETFs and Barings launched two funds focusing on CLOs and secured credit, and earlier this year, Fidelity brought two new active strategies to market. "With the growth of the CLO market and the way the ETFs trade, they're able to take active strategies into the CLO ****** e, which is kind of a whole new area for the wealth market," Greg Stumm, CEO of American Beacon Partners, told ETF Upside in June.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
READ ALSO: Leveraged ETF Craze Turns Its Sights to Other Funds and The ETF Searching for Alpha Without the Male
#sign #daily #clos #active
You know what they say: CLOs one door, and another opens.
One of the fastest-growing areas of the ETF industry is in collateralized loan obligations, strategies that hold below-investment-grade, floating-rate loans with varied levels of income and risk. Janus Henderson's CLO ETF (JAAA), the largest fund in this category, recently surpassed $30 billion in AUM, according to the company. The milestone is the latest indicator of these funds' ongoing popularity, but it's not alone. In June, Pacer ETFs and Barings launched two funds focusing on CLOs and secured credit, and earlier this year, Fidelity brought two new active strategies to market. "With the growth of the CLO market and the way the ETFs trade, they're able to take active strategies into the CLO ****** e, which is kind of a whole new area for the wealth market," Greg Stumm, CEO of American Beacon Partners, told ETF Upside in June.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
READ ALSO: Leveraged ETF Craze Turns Its Sights to Other Funds and The ETF Searching for Alpha Without the Male
#sign #daily #clos #active
3 months ago
The Vikings lost safety/linebacker Jamal Adams to a torn quad tendon during Saturday's preseason opener at the Giants. And even though the recently-signed Adams will not play this season, he'll be a big part of the team in 2026.
"Just from what he had meant to us in such a short amount of time, he's had such a great impact," Vikings coach Kevin O'Connell told reporters regarding the 10-year veteran. "I compliment [G.M.] Nolan [Teasley] for, you know, that was — Nolan was really excited about making that move, and just the dialogue between him and myself and [defensive coordinator Brian Flores], and then watching Flo, you know, put together the plan of attack for him and a real role that was kind of really coming together."
Teasley knew Adams from their time together in Seattle.
"He'll have that procedure to have that fixed, and then he's gonna be with us all season long," O'Connell said regarding Adams. "I think it's really important that Jamal knows, and I've talked . . . both to him and his family, about just his impact on this organization, his ability to help young players, his ability to be a real beacon of energy, and once, obviously, he's gonna be focused on getting healthy and getting the initial early stages of his rehab going, but we're gonna have him with us. You guys will see him around, see him out here, see him around the building. Because he's a Minnesota Viking now, and we want to make sure that he knows how important he'll be to our players and team."
It's unfortunate that Adams won't be able to play, but the team's willingness to embrace him will help fill the void created by a season that was lost before it even began.
#Vikings
"Just from what he had meant to us in such a short amount of time, he's had such a great impact," Vikings coach Kevin O'Connell told reporters regarding the 10-year veteran. "I compliment [G.M.] Nolan [Teasley] for, you know, that was — Nolan was really excited about making that move, and just the dialogue between him and myself and [defensive coordinator Brian Flores], and then watching Flo, you know, put together the plan of attack for him and a real role that was kind of really coming together."
Teasley knew Adams from their time together in Seattle.
"He'll have that procedure to have that fixed, and then he's gonna be with us all season long," O'Connell said regarding Adams. "I think it's really important that Jamal knows, and I've talked . . . both to him and his family, about just his impact on this organization, his ability to help young players, his ability to be a real beacon of energy, and once, obviously, he's gonna be focused on getting healthy and getting the initial early stages of his rehab going, but we're gonna have him with us. You guys will see him around, see him out here, see him around the building. Because he's a Minnesota Viking now, and we want to make sure that he knows how important he'll be to our players and team."
It's unfortunate that Adams won't be able to play, but the team's willingness to embrace him will help fill the void created by a season that was lost before it even began.
#Vikings
3 months ago
A 21-foot boat ran out of fuel while traveling through the waters of southeastern Alaska. Now, Meta's Mark Zuckerberg is under fire as his private yacht was reportedly closer than the vessel that ultimately came to help.
According to the Alaska Beacon, vessel-tracking data showed Zuckerberg's 387-foot superyacht, Launchpad, was near Farragut Bay when the ***** istance request went out.
It seems that Launchpad did not ***** ist, but a 192-foot cruise ship called Wilderness Legacy turned back instead, towed the small boat into Farragut Bay, and provided fuel.
A passenger on the cruise ship claimed the yacht repeatedly refused to respond, while Zuckerberg's spokesperson said its crew did not initially hear the radio request.
Embedded media follows. Please allow a moment for it to load.
#foot #request
According to the Alaska Beacon, vessel-tracking data showed Zuckerberg's 387-foot superyacht, Launchpad, was near Farragut Bay when the ***** istance request went out.
It seems that Launchpad did not ***** ist, but a 192-foot cruise ship called Wilderness Legacy turned back instead, towed the small boat into Farragut Bay, and provided fuel.
A passenger on the cruise ship claimed the yacht repeatedly refused to respond, while Zuckerberg's spokesperson said its crew did not initially hear the radio request.
Embedded media follows. Please allow a moment for it to load.
#foot #request
3 months ago
Cleveland Browns head coach Todd Monken has spent the first 10 days of training camp putting the offense through its paces as he ponders what to do with an uninspiring quarterback room.
Monken has the unenviable task of choosing between Deshaun Watson and Shedeur Sanders to start the August 15 preseason game against the Chicago Bears at Soldier Field.
It is not a make-or-break decision by any means; Monken has said that he expects to give both Watson and Sanders a start in the preseason. And depending on which day of the week it is, and which quarterback fans are predisposed to prefer, either Watson has flexed his veteran presence to firmly grasp the QB1 role, or Sanders has shown enough improvement and grasp of the offense to be the obvious choice.
Thankfully, at least as it pertains to the game against the Bears, we all may know soon enough which quarterback will be in the huddle for the first offensive series of the preseason, as Monken and the staff will spend the next few days reviewing the candidates and then make the decision public (quotes via The Beacon Journal):
"That's something we'll talk about tomorrow. I think tonight, tomorrow, and then Monday, we'll start to really focus in on who's going to start, how we're going to play our guys, and where we're at a quarterback's a piece of that.
#start #first #days #offense
Monken has the unenviable task of choosing between Deshaun Watson and Shedeur Sanders to start the August 15 preseason game against the Chicago Bears at Soldier Field.
It is not a make-or-break decision by any means; Monken has said that he expects to give both Watson and Sanders a start in the preseason. And depending on which day of the week it is, and which quarterback fans are predisposed to prefer, either Watson has flexed his veteran presence to firmly grasp the QB1 role, or Sanders has shown enough improvement and grasp of the offense to be the obvious choice.
Thankfully, at least as it pertains to the game against the Bears, we all may know soon enough which quarterback will be in the huddle for the first offensive series of the preseason, as Monken and the staff will spend the next few days reviewing the candidates and then make the decision public (quotes via The Beacon Journal):
"That's something we'll talk about tomorrow. I think tonight, tomorrow, and then Monday, we'll start to really focus in on who's going to start, how we're going to play our guys, and where we're at a quarterback's a piece of that.
#start #first #days #offense
3 months ago
FIRST ON FOX: GRAND RAPIDS, MI - Michigan Democratic Senate nominee Abdul El-Sayed's campaign has collected more than $115,000 from individuals who work for or have held leadership roles with the Council on American-Islamic Relations (CAIR), which has been designated a terrorist organization by the United Arab Emirates and formally designated or labeled as such in Florida and Texas.
A Fox News Digital review found that El-Sayed, who has made getting "money out of politics" a central campaign rallying cry, has accepted donations from at least 41 individuals who either work for CAIR, formerly worked for CAIR, or have served in leadership positions with the organization.
The donor list includes several of CAIR's highest-ranking officials, including national Board Chair Manal Fakhoury, national Board Treasurer Eyas Abdeen, national Vice Chair Emad Sabbah, and CAIR-Michigan board member Jukaku Tayeb, El-Sayed's father-in-law.
Tayeb has been one of the largest financial backers of the super PAC supporting El-Sayed's campaign and is also part of the founding committee of the Islamic Society of North America (ISNA), a group linked to Hamas and Muslim Brotherhood funding, Washington Free Beacon first reported.
Dems Clash Over Aipac Money, 'Ogre' Attack And Electability During Crucial Senate Debate
#michigan #islamic #first
A Fox News Digital review found that El-Sayed, who has made getting "money out of politics" a central campaign rallying cry, has accepted donations from at least 41 individuals who either work for CAIR, formerly worked for CAIR, or have served in leadership positions with the organization.
The donor list includes several of CAIR's highest-ranking officials, including national Board Chair Manal Fakhoury, national Board Treasurer Eyas Abdeen, national Vice Chair Emad Sabbah, and CAIR-Michigan board member Jukaku Tayeb, El-Sayed's father-in-law.
Tayeb has been one of the largest financial backers of the super PAC supporting El-Sayed's campaign and is also part of the founding committee of the Islamic Society of North America (ISNA), a group linked to Hamas and Muslim Brotherhood funding, Washington Free Beacon first reported.
Dems Clash Over Aipac Money, 'Ogre' Attack And Electability During Crucial Senate Debate
#michigan #islamic #first
3 months ago
The modern American right-wing movement is transactional by its nature.
Look no further than the man it has propped up as its beacon of values and character: Donald Trump. The absolute king of seeing everything in life as a transaction. If you can't do something for him, he has no time for you. His presumption that everyone in the world operates that way has always been a self-reflection.
The movement, and its media arm, work in much the same way. That's true of the topics it covers as well as its own people. Pundits go from being the face of a network to persona non grata in the blink of an eye.
Truth, nuance, and humanity are useless concepts. Everyone is a widget on an **** embly line of messaging. No one exists outside that transactional lens, and once you're no longer of any use to them, you're not only out, but you become their next target.
For a perfect example, look no further than Caitlin Clark.
#everyone #transactional #american #Trump
Look no further than the man it has propped up as its beacon of values and character: Donald Trump. The absolute king of seeing everything in life as a transaction. If you can't do something for him, he has no time for you. His presumption that everyone in the world operates that way has always been a self-reflection.
The movement, and its media arm, work in much the same way. That's true of the topics it covers as well as its own people. Pundits go from being the face of a network to persona non grata in the blink of an eye.
Truth, nuance, and humanity are useless concepts. Everyone is a widget on an **** embly line of messaging. No one exists outside that transactional lens, and once you're no longer of any use to them, you're not only out, but you become their next target.
For a perfect example, look no further than Caitlin Clark.
#everyone #transactional #american #Trump
3 months ago
Nvidia Corporation (NASDAQ:NVDA) is reportedly the previously unnamed customer behind Hut 8 Corp.'s (NASDAQ:HUT) Beacon Point data center leases in Texas. The Financial Times identified Nvidia as the tenant on July 28, citing five people familiar with the arrangement. Nvidia discussed its work with infrastructure partners but neither confirmed nor denied that it was the customer. Hut 8 has also not publicly named the tenant.
That attribution is important, but the contract math also needs equal attention. Hut 8 disclosed on July 20 that a second 15-year lease for 352 megawatts of IT capacity doubled the same investment-grade tenant's footprint to 704 MW. The two leases give the campus a $19.6 billion base-term contract value. The often-quoted $50.2 billion figure applies only if renewal options are exercised, so it is neither guaranteed revenue nor the present value of a firm $50 billion obligation.
If the FT's reporting is correct, Nvidia Corporation (NASDAQ:NVDA) is not relevant merely because Beacon Point will use AI chips. As the reported lease counterparty, it would support rent on 704 MW of Hut 8 capacity and could turn that capacity into a deployment channel for customers buying Nvidia systems. The FT said Nvidia could sublease the site to neocloud partners that buy its GPUs and sell AI computing services. No sublease has been announced. Nvidia's public response instead emphasized DSX, its architecture for designing, building and operating large AI factories with ecosystem partners.
Hut 8's link is contractual. Tenant rent underpins the $19.6 billion base-term value and the credit case for the project, while Hut 8 Corp. (NASDAQ:HUT) must supply the energized buildings on schedule. The company closed $4.25 billion of non-recourse, investment-grade senior secured notes for Beacon Point in June and expects the first Phase 2 data hall in the second quarter of 2028. It must still manage construction, tenant concentration, and the financing demands of a 1-gigawatt development.
Insider Monkey's database showed a small decline in hedge funds backing the stock. As of the end of the first quarter of 2026, 60 hedge-fund portfolios reported long positions in HUT at March 31, 2026, down from 64 at December 31, 2025.
#billion #tenant #beacon #value
That attribution is important, but the contract math also needs equal attention. Hut 8 disclosed on July 20 that a second 15-year lease for 352 megawatts of IT capacity doubled the same investment-grade tenant's footprint to 704 MW. The two leases give the campus a $19.6 billion base-term contract value. The often-quoted $50.2 billion figure applies only if renewal options are exercised, so it is neither guaranteed revenue nor the present value of a firm $50 billion obligation.
If the FT's reporting is correct, Nvidia Corporation (NASDAQ:NVDA) is not relevant merely because Beacon Point will use AI chips. As the reported lease counterparty, it would support rent on 704 MW of Hut 8 capacity and could turn that capacity into a deployment channel for customers buying Nvidia systems. The FT said Nvidia could sublease the site to neocloud partners that buy its GPUs and sell AI computing services. No sublease has been announced. Nvidia's public response instead emphasized DSX, its architecture for designing, building and operating large AI factories with ecosystem partners.
Hut 8's link is contractual. Tenant rent underpins the $19.6 billion base-term value and the credit case for the project, while Hut 8 Corp. (NASDAQ:HUT) must supply the energized buildings on schedule. The company closed $4.25 billion of non-recourse, investment-grade senior secured notes for Beacon Point in June and expects the first Phase 2 data hall in the second quarter of 2028. It must still manage construction, tenant concentration, and the financing demands of a 1-gigawatt development.
Insider Monkey's database showed a small decline in hedge funds backing the stock. As of the end of the first quarter of 2026, 60 hedge-fund portfolios reported long positions in HUT at March 31, 2026, down from 64 at December 31, 2025.
#billion #tenant #beacon #value
3 months ago
Allison Hay won the voting for the Akron Area Girls Athlete of the Year for the 2025-26 school year.
Hay, a cross country and track standout at Tallmadge High School, received 94.18% of the votes cast. A total of 5,410 votes were cast overall.
Look for more on Hay below. Akron Area Best of the School Year voting continues on beaconjournal.com next Tuesday.
Watch Ohio High School Sports Live on the NFHS Network all season
Starred in both cross country and track and field for the Blue Devils, winning the Division III state **** le in the 800 meters.
#cross #track
Hay, a cross country and track standout at Tallmadge High School, received 94.18% of the votes cast. A total of 5,410 votes were cast overall.
Look for more on Hay below. Akron Area Best of the School Year voting continues on beaconjournal.com next Tuesday.
Watch Ohio High School Sports Live on the NFHS Network all season
Starred in both cross country and track and field for the Blue Devils, winning the Division III state **** le in the 800 meters.
#cross #track
4 months ago
Rylan Hurley won the voting for the Akron Area Boys Athlete of the Year for the 2025-26 school year.
Hurley, a three-sport standout at St. Vincent-St. Mary High School, received 44.35% of the votes cast. A total of 8,147 votes were cast overall.
Look for more on Hurley below. Akron Area Best of the School Year voting continues on beaconjournal.com next Tuesday.
Watch Ohio High School Sports Live on the NFHS Network all season
A three-sport athlete who starred in football, wrestling and baseball for the Irish.
#hurley #voting
Hurley, a three-sport standout at St. Vincent-St. Mary High School, received 44.35% of the votes cast. A total of 8,147 votes were cast overall.
Look for more on Hurley below. Akron Area Best of the School Year voting continues on beaconjournal.com next Tuesday.
Watch Ohio High School Sports Live on the NFHS Network all season
A three-sport athlete who starred in football, wrestling and baseball for the Irish.
#hurley #voting
4 months ago
Hut 8 Corp. (HUT) is a Miami-headquartered energy infrastructure platform founded in 2018 that operates at the convergence of power, digital infrastructure, and high-performance computing. The company builds, owns, and operates large-scale data center campuses for AI and high-performance computing workloads, underpinned by a "power-first" development strategy targeting long-duration, triple-net leases with investment-grade hyperscaler tenants.
Its portfolio spans four segments: Power, Digital Infrastructure, Compute, and a recently spun-out Bitcoin (BTCUSD) mining division operating as American Bitcoin (ABTC). With $16.8 billion in contracted lease revenue across its flagship Riverbend and Beacon Point campuses, a 9+ GW development pipeline, and Nvidia (NVDA) as a design partner, Hut 8 has rapidly repositioned itself from a crypto miner into one of North America's most compelling pure-play AI infrastructure landlords.
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Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#power #point #long
Its portfolio spans four segments: Power, Digital Infrastructure, Compute, and a recently spun-out Bitcoin (BTCUSD) mining division operating as American Bitcoin (ABTC). With $16.8 billion in contracted lease revenue across its flagship Riverbend and Beacon Point campuses, a 9+ GW development pipeline, and Nvidia (NVDA) as a design partner, Hut 8 has rapidly repositioned itself from a crypto miner into one of North America's most compelling pure-play AI infrastructure landlords.
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Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#power #point #long
4 months ago
July 20 (Reuters) - Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.
Shares of the company, which have nearly doubled this year, rose about 5% in premarket trading.
Like several former bitcoin miners, Hut 8 has pivoted toward AI infrastructure, seeking to leverage power ******* ets and data center expertise developed during the cryptocurrency boom to serve AI customers.
Demand for compute infrastructure has accelerated since the launch of generative AI services, prompting technology companies to commit hundreds of billions of dollars toward data centers packed with advanced chips from Nvidia and others.
The rush has shifted competition beyond semiconductors to power, transmission access and construction-ready sites, making electricity availability one of the industry's biggest constraints.
Shares of the company, which have nearly doubled this year, rose about 5% in premarket trading.
Like several former bitcoin miners, Hut 8 has pivoted toward AI infrastructure, seeking to leverage power ******* ets and data center expertise developed during the cryptocurrency boom to serve AI customers.
Demand for compute infrastructure has accelerated since the launch of generative AI services, prompting technology companies to commit hundreds of billions of dollars toward data centers packed with advanced chips from Nvidia and others.
The rush has shifted competition beyond semiconductors to power, transmission access and construction-ready sites, making electricity availability one of the industry's biggest constraints.
4 months ago
Editor's note: This is Part 13 of 26 in Art Stapleton's New York Giants summer series Q&A
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the ****** embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the ****** embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
4 months ago
Editor's note: This is Part 9 of 26 in Art Stapleton's New York Giants summer series Q&A
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the ******* embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the ******* embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
4 months ago
Four school children chosen to be ball boys and boy girls at Wimbledon say working at the tournament has been a "once in a lifetime experience".
Adam, Oscar, Caitlin and Oliver, from The Beacon School in Banstead, have been working on courts across the tournament, including being a part of Arthur Fery's first match on his route to the semi-finals.
The pupils, aged 14 and 15, now all say they want to go on to work on one of the show courts and soak in the atmosphere of some the biggest tennis matches this summer.
Speaking about Fery's first match, Adam, 14, said: "It was really nice to do - he was really nice, and the atmosphere was intense."
Oscar, 14, who also worked the match, added: "My mum and my uncle were both ball crew too and it inspired me to try out.
Adam, Oscar, Caitlin and Oliver, from The Beacon School in Banstead, have been working on courts across the tournament, including being a part of Arthur Fery's first match on his route to the semi-finals.
The pupils, aged 14 and 15, now all say they want to go on to work on one of the show courts and soak in the atmosphere of some the biggest tennis matches this summer.
Speaking about Fery's first match, Adam, 14, said: "It was really nice to do - he was really nice, and the atmosphere was intense."
Oscar, 14, who also worked the match, added: "My mum and my uncle were both ball crew too and it inspired me to try out.
4 months ago
Donovan Mitchell has done it again.
Mitchell backed up his affectionate words about the Cavaliers with actions, agreeing to a four-year, $273 million maximum contract extension on Tuesday, July 7. A league source confirmed the deal for the Beacon Journal.
A seven-time All-Star and three-time All-NBA guard, Mitchell could have forced the Cavs to wait for another year. He would have been eligible to sign an extension next summer worth an additional $80 million. It's possible the team could have balked in 2027, yet its partnership with Mitchell has been pristine through his first four seasons in Cleveland.
Save the contractual drama for other star players. It doesn't fit Mitchell. Guardians All-Star third baseman Jose Ramirez is the face of Cleveland sports, yet Mitchell continues to remind everyone he is the clear runner-up.
Mitchell proved what he has repeatedly insisted remains true: He has fully embraced Cleveland since the Cavs acquired him in September 2022 through a blockbuster trade with the Utah Jazz, and he is committed to continuing to serve as a cornerstone of the franchise.
Mitchell backed up his affectionate words about the Cavaliers with actions, agreeing to a four-year, $273 million maximum contract extension on Tuesday, July 7. A league source confirmed the deal for the Beacon Journal.
A seven-time All-Star and three-time All-NBA guard, Mitchell could have forced the Cavs to wait for another year. He would have been eligible to sign an extension next summer worth an additional $80 million. It's possible the team could have balked in 2027, yet its partnership with Mitchell has been pristine through his first four seasons in Cleveland.
Save the contractual drama for other star players. It doesn't fit Mitchell. Guardians All-Star third baseman Jose Ramirez is the face of Cleveland sports, yet Mitchell continues to remind everyone he is the clear runner-up.
Mitchell proved what he has repeatedly insisted remains true: He has fully embraced Cleveland since the Cavs acquired him in September 2022 through a blockbuster trade with the Utah Jazz, and he is committed to continuing to serve as a cornerstone of the franchise.
4 months ago
Editor's note: This is Part 3 of 26 in Art Stapleton's New York Giants summer series Q&A
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the **** embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
The New York Giants have a Super Bowl winner and possible Hall of Famer at head coach in John Harbaugh, with whom the entire team can strive for a championship standard the franchise has failed to meet for far too long now.
The standing ovation for Harbaugh from the **** embled Giants fans inside Beacon Theatre back in May for the team's Town Hall event was only just the beginning.
And Harbaugh, their head coach set to usher in yet another new era for the franchise in its 102nd year, certainly knew how to play to his audience moments later.
With chants of "Cowboys suck" ringing out around him, Harbaugh was asked by a fan if he could promise the Giants were done being kicked around by their NFC rivals and most hated foes: the Dallas Cowboys, the Philadelphia Eagles and the Washington Commanders.
4 months ago
ATLANTA ― Harry Kane was a lighthouse in a storm Wednesday, July 1, a beacon of hope when all else failed.
No matter how unnerving England's match against DR Congo became in Atlanta, Kane never yielded. He was calm, poised, brilliant, even, and when the Three Lions needed a hero, the 32-year-old dug deep, pulling out a World Cup rescue mission. Kane unleashed a masterful performance when the waves of defeat were rapidly crashing in.
DR Congo stunned England with an early goal in the 7th minute, leaving Kane and every Three Lions fan at Mercedes-Benz too stunned to speak, rubbing their heads in confusion. Les Léopards carried a 1-0 lead into halftime behind a defensive masterclass from goalkeeper Lionel Mpasi. Yet something shifted after the break. England began to slowly wear DR Congo down with its pressure and its advances. The once unflappable defensive wall DR Congo put up came tumbling down with one inexplicably wondrous Kane header in the 75th minute.
Daylight.
"As soon as he hit, I knew it was going in. I was already celebrating," forward Anthony Gordon, who ***** isted Kane twice, on Wednesday.
No matter how unnerving England's match against DR Congo became in Atlanta, Kane never yielded. He was calm, poised, brilliant, even, and when the Three Lions needed a hero, the 32-year-old dug deep, pulling out a World Cup rescue mission. Kane unleashed a masterful performance when the waves of defeat were rapidly crashing in.
DR Congo stunned England with an early goal in the 7th minute, leaving Kane and every Three Lions fan at Mercedes-Benz too stunned to speak, rubbing their heads in confusion. Les Léopards carried a 1-0 lead into halftime behind a defensive masterclass from goalkeeper Lionel Mpasi. Yet something shifted after the break. England began to slowly wear DR Congo down with its pressure and its advances. The once unflappable defensive wall DR Congo put up came tumbling down with one inexplicably wondrous Kane header in the 75th minute.
Daylight.
"As soon as he hit, I knew it was going in. I was already celebrating," forward Anthony Gordon, who ***** isted Kane twice, on Wednesday.
4 months ago
The Cavaliers have drafted Arkansas guard Meleek Thomas with the No. 34 pick in the 2026 NBA Draft
The Cavs originally traded out of the No. 29 overall selection, dealing that pick to the Sacramento Kings in exchange for No. 34, which they turned into Thomas, and a 2032 second-round pick.
In the first round, Canton native Darryn Peterson was selected No. 2 overall by the Utah Jazz.
Meleek Thomas stands 6-5 and weighs 185 pounds.
Ryan Lewis covers the Cavaliers for the Akron Beacon Journal. He can be reached at rlewis1gannett.com.
The Cavs originally traded out of the No. 29 overall selection, dealing that pick to the Sacramento Kings in exchange for No. 34, which they turned into Thomas, and a 2032 second-round pick.
In the first round, Canton native Darryn Peterson was selected No. 2 overall by the Utah Jazz.
Meleek Thomas stands 6-5 and weighs 185 pounds.
Ryan Lewis covers the Cavaliers for the Akron Beacon Journal. He can be reached at rlewis1gannett.com.
5 months ago
We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Hut 8 (NASDAQ:HUT) ranks #4 (see Billionaire Dan Loeb's Top 5 AI Stock Picks).
Billionaire Dan Loeb's Stake: 869,563 Shares Valued at Approximately $40.79 Million (NEW position)
Hut 8 (NASDAQ:HUT) is transitioning from Bitcoin mining into AI data center infrastructure. It doesn't just host GPUs or sell cloud compute, it owns the underlying power and land ******* ets outright — then leases that infrastructure to hyperscalers on long-term contracts.
The bull case centers on two campuses. Hut 8's (NASDAQ:HUT) Beacon Point facility in Texas (352 MW) is leased to a high-credit tenant — widely understood to be Google — for 15 years, with a base contract value of $9.8 billion. River Bend in Louisiana (245 MW) is leased to Fluidstack as part of a broader agreement tied to Anthropic's AI infrastructure buildout, locking in another $7 billion over the base term.
The nature of its contracts makes Hut interesting. Hut 8 (NASDAQ:HUT) bears minimal operating costs once the facilities are built. The cash flows are essentially fixed, long-duration, and backed by investment-grade counterparties — much closer to bond-like income than typical tech revenue.
Billionaire Dan Loeb's Stake: 869,563 Shares Valued at Approximately $40.79 Million (NEW position)
Hut 8 (NASDAQ:HUT) is transitioning from Bitcoin mining into AI data center infrastructure. It doesn't just host GPUs or sell cloud compute, it owns the underlying power and land ******* ets outright — then leases that infrastructure to hyperscalers on long-term contracts.
The bull case centers on two campuses. Hut 8's (NASDAQ:HUT) Beacon Point facility in Texas (352 MW) is leased to a high-credit tenant — widely understood to be Google — for 15 years, with a base contract value of $9.8 billion. River Bend in Louisiana (245 MW) is leased to Fluidstack as part of a broader agreement tied to Anthropic's AI infrastructure buildout, locking in another $7 billion over the base term.
The nature of its contracts makes Hut interesting. Hut 8 (NASDAQ:HUT) bears minimal operating costs once the facilities are built. The cash flows are essentially fixed, long-duration, and backed by investment-grade counterparties — much closer to bond-like income than typical tech revenue.
5 months ago
Among the many contributions Joel Bitonio made during his Browns career was compelling close friend, Pro Football Hall of Famer and fellow Cleveland legend Joe Thomas to purchase a magnetic wand.
Early in Bitonio’s days as an NFL offensive lineman and about a decade before he announced his retirement on June 9, he attended a dinner hosted by Thomas and discovered something surprising when he took a bite of duck Thomas had hunted.
“It was really good, except I did find a bullet in mine, which kind of scared me a little bit. But it was really good,” Bitonio said with a smile in 2022.
Browns column: As Joel Bitonio retires, franchise should offer him special role | Opinion
Thomas told his side of the story as he reflected on Bitonio’s career during a recent phone interview with the Beacon Journal.
Early in Bitonio’s days as an NFL offensive lineman and about a decade before he announced his retirement on June 9, he attended a dinner hosted by Thomas and discovered something surprising when he took a bite of duck Thomas had hunted.
“It was really good, except I did find a bullet in mine, which kind of scared me a little bit. But it was really good,” Bitonio said with a smile in 2022.
Browns column: As Joel Bitonio retires, franchise should offer him special role | Opinion
Thomas told his side of the story as he reflected on Bitonio’s career during a recent phone interview with the Beacon Journal.
