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cepdf_7spp7sv
5 days ago
President Trump gathered top artificial intelligence leaders in Washington on Tuesday and doubled down on his opposition to government intervention, suggesting that "self-regulation" is the answer to growing worries about the technology getting out of human control.
"There's a belief that there should be tremendous self-regulation," the president said after meeting with the ***** embled CEOs. "There was a lot of commonality in this room."
Trump said he and the CEOs signed a "morally binding" accord that would keep the companies in line through "self-policing and group policing."
Trump posted a copy of the accord to his Truth Social account with a one-page document that called for each participating company to implement four different measures to safeguard the technology and added that, later on, "it might make sense to codify these steps into laws or regulations."
Some executives on hand said the accord included commitments to a combination of technological controls to detect problems with new models, internal risk review efforts, external auditors, and other measures.

#accord #regulation
vr_ym_micu_g7277
14 days ago
Centrus Energy Corp. (NYSE:LEU) reported on September 17 that it had signed a multi-year contract to supply high-assay low-enriched uranium (HALEU) to Antares Nuclear, with deliveries expected to begin before the end of the decade. Although financial terms were not disclosed, the deal includes prepayments from Antares to help fund Centrus' expanded HALEU capacity.
The deal holds strategic importance as Antares is developing compact microreactors for critical missions on Earth and in ***** e. The company was also recently selected for the U.S. Army's Janus Program, a $2.2 billion initiative to build and operate tiny nuclear reactors on military bases, with the hope that they will one day power remote installations.
Amir Vexler, President and CEO of Centrus Energy, commented:
"This contract is another sign that demand for HALEU is real and it is accelerating, and Centrus is in prime position to meet this need. Binding orders from Antares and others are supporting our expansion to commercial-scale production – an expansion that is now well underway. We look forward to supporting Antares' continued growth and success."
dan-meyers-xXbQIrWH2_A-unsplash

#centrus #haleu
qohuqjhusre0283
18 days ago
Forward Industries (NASDAQ: $FWDI) has raised its takeover offer for SkyAI (NASDAQ: $SKYA), proposing a deal that would value the Solana (CRYPTO: $SOL) treasury company at a 50% premium to its latest closing price.
Forward said Tuesday that it had delivered an updated non-binding proposal to acquire all outstanding SkyAI common stock. Under the new terms, SkyAI shareholders would receive the value of 0.306 shares of Forward Industries for each SkyAI share, with investors able to choose cash, Forward shares, or a combination of both.
Based on Forward's $6.95 closing price on Monday, the proposal values each SkyAI share at about $2.13, compared with SkyAI's $1.42 close. Forward has asked SkyAI's board to respond by September 25. The proposal remains subject to regulatory approvals and a shareholder vote.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster

#skyai #proposal #price
5521trulyjolly83MI
18 days ago
First Au has announced the proposed acquisition of Javelin Minerals through an all-scrip, off-market takeover offer, which would combine the companies' respective gold projects in the Eastern Goldfields region of Western Australia.
The two companies have entered into a binding takeover implementation deed, with the deal recommended by Javelin's board, subject to customary conditions including an **** sment by an independent expert.
Under the agreement, First Au's Riverina East and Gimlet gold projects will be merged with Javelin's Eureka and Coogee projects, all located near Kalgoorlie.
The enlarged group would hold total reported mineral resources of around 350,600oz of gold across the combined brownfield sites.
Under the terms of the offer, Javelin shareholders will receive 11.7647 newly issued First Au shares for each Javelin share.

#first #javelin #Gold #takeover
paTCH70
23 days ago
Conagra Brands, Inc. (NYSE:CAG) faces a governance test alongside its turnaround. Reuters reported on September 7 that Institutional Shareholder Services, or ISS, recommended opposing executive compensation, citing weak financial performance and inadequately explained incentive targets.
The September 23 non-binding advisory vote covers fiscal 2026 named-executive compensation. It does not separately approve new CEO John Brase's package. Brase succeeded Sean Connolly on June 1, after fiscal 2026 ended, separating his compensation arrangements from the prior year's pay decisions.
The proxy lists Brase's annual base salary at $1.15 million, his annual incentive target at 150% of eligible salary, and annual long-term incentives of $7.3 million, split 60% into performance shares and 40% into restricted stock units. Incentive opportunities are not guaranteed realized pay.
Conagra Brands, Inc. (NYSE:CAG) needs executives willing to work through changes whose benefits may take several years to appear. Brase's priorities include restoring margins, investing in brands and the supply chain, simplifying operations, and rebalancing capital allocation.
A mix of performance awards and service-based equity can support that effort. Performance shares link rewards to results, while restricted units help retain leaders through disruption. Retention has value if it allows management to complete difficult changes instead of optimizing the next quarterly result.

#performance
u9X7ejL
23 days ago
Amanda Seyfried went for an earthy color palette while attending the Tory Burch spring 2027 show during New York Fashion Week on Thursday. For the event, the actress paired one of the brand's most popular shoes with a fall-ready brown-and-green look. Amanda Seyfried attends the Tory Burch spring 2027 show. Getty Images for Tory Burch She opted for the Tory Burch Peep Toe pump, which has been a favored choice among celebrities in recent years. The peep-toe pump riffs on the classic style with a twisted, sculptural heel, designed to look as if it is in motion. Rather than reveal several toes like a traditional peep-toe silhouette, the cutout frames only the hallux, or big toe — a highly specific footwear trend that surfaced at Copenhagen Fashion Week at the end of August. Grosgrain details and side seaming borrow from balletic pointe shoes. The pumps were made in partnership with a Leather Working Group-certified tannery, which supports high standards in leather manufacturing and chemical management. Their twisted heels measure 90mm, or approximately 3.54 inches, while a cushioned leather footbed offers comfort. The shoes also boast a patent leather upper and grosgrain binding. Napa leather lining and a buffed leather sole complete the construction. A closeup
Follow Footwear News on Twitter or become a fan on Facebook.

#burch #peep #fashion #footwear
SHiNy
24 days ago
The International League T20 (ILT20) Season 5 was officially launched with a glittering event in Dubai, with fast-bowling legends Brett Lee and Shoaib Akhtar among the star attractions on an evening celebrating the league's rapid rise and growing influence across the Gulf region.

The event brought together leading figures from cricket, sport, business and government, with ILT20 chairman Khalid Al Zarooni and league commissioner, ICC board director and ECB general secretary Mubashshir Usmani highlighting the tournament's contribution to the development and expansion of cricket in the UAE and the wider region.

Al Zarooni reflected on the league's growth while thanking its stakeholders and partners.

"What began as a dream has grown into one of the world's leading cricket leagues, bringing together top players and major franchises, while helping grow cricket in the UAE, the region and beyond," he said.

He also acknowledged the support of franchise owners, commercial and strategic partners, with a special mention for Zee Network, while welcoming SPORTFIVE as a new commercial partner.
A special panel discussion hosted by former New Zealand international Simon Doull explored the changing landscape and future of cricket in the region and globally.

The panel featured Usmani, Dr Mohamed Abu Hamra, Eisa Sharif of the Dubai Sports Council, ZEE Entertainment Enterprises Deputy CEO and CFO Mukund Galgali, SportFive President Venu Nair and Bisleri Global Director Sales & Marketing Tushar Malhotra.

Doull later brought Lee and Shoaib together for another engaging discussion, with the two legendary fast bowlers speaking about the ILT20's growing impact on UAE and regional cricket.

The pair also looked back on their playing careers, recalling an era in which their blistering pace made them two of the most feared fast bowlers in world cricket.

The evening also featured a spell-binding performance by celebrity mentalist Karan Singh Magic, while the league unveiled its new brand identity for Season 5.
Season 5 will be played in November and December across the UAE's three iconic venues — Zayed Cricket Stadium in Abu Dhabi, Dubai International Stadium and Sharjah Cricket Stadium.

Defending champions Desert Vipers will enter the fifth season aiming to retain their crown. Gulf Giants won the inaugural season, followed by MI Emirates in Season 2 and Dubai Capitals in Season 3.

#stadium
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HouWgf7peZ10O2W
24 days ago
Comstock Resources, Inc. (NYSE:CRK) signed a nonbinding letter of intent under which SOCAR would pay $1.65 billion in cash, subject to customary adjustments. SOCAR would acquire non-operated working interests representing 20% of the Legacy Haynesville and 15% of the Western Haynesville upstream interests held by Comstock Resources, Inc. (NYSE:CRK). SOCAR would also acquire 15% of the 73% ownership interest held by Comstock Resources, Inc. (NYSE:CRK) in Pinnacle Gas Services.
The letter of intent requires good-faith negotiations but does not obligate completion. The parties are targeting a definitive agreement by October 31, 2026, and closing by year-end, subject to negotiations, approvals, and customary conditions.
Separately, a Jerry Jones family partnership will fund 85% of the drilling and completion costs for 18 Western Haynesville wells and 80% for nine Legacy Haynesville wells. The total 27-well program is expected to cost approximately $450 million over 12 months. After a 15% return on investment, 50% of the interest covered by the venture will revert to Comstock Resources, Inc. (NYSE:CRK).
If the SOCAR transaction closes, Comstock Resources, Inc. (NYSE:CRK) estimates that the proceeds would reduce company-defined non-GAAP net debt from $3.1 billion to $1.5 billion as of June 30, 2026. Net debt is calculated as total debt less cash and cash equivalents. The approximately $1.6 billion reduction would nearly halve the measure and could improve financial flexibility.
The drilling venture allows development to continue without equivalent near-term cash funding. Following completion of the SOCAR transaction, Comstock Resources, Inc. (NYSE:CRK) would retain operatorship of the upstream ****** ets and control of Pinnacle Gas Services. Drilling should provide volumes to Pinnacle and help delineate the 545,000 net acres in the Western Haynesville.

#SOCAR
0.00$ raised of 0.00$ goal
0 donations 0.00$ to go
mekma2
26 days ago
Elversberg have two wins from two as they enjoy a dream start to their maiden Bundesliga campaign, but they will be without head coach Vincent Wagner for their Matchday 3 clash against reigning champions Bayern Munich after the DFB rejected the club's appeal following his sending off against Borussia Mönchengladbach.
A statement from the DFB read: "In its ruling, the DFB sports court stated that, according to the referee, coach Wagner had approached him from a considerable distance, even though the fourth official had previously instructed him to stop. Wagner intended to complain to the referee and confront him. This account, the sports court stated, is corroborated by the available television footage. Therefore, the sending off was a factual decision by the referee, which is generally binding on the sports court."
Additionally, the sports court found "no evidence of an obvious error by the referee". Therefore, as reported by Kicker, Wagner will only be able to watch the game from the stands.
Wagner's sending off for a second bookable offence came with two yellow cards in quick succession. The first, triggered by Hugo Bolin's goal that put Gladbach 2-1 ahead. Wagner's argument that Tim Kleindienst had put the ball out for a throw-in, which initiated the counter-attack leading up to the goal, and thus a throw-in should have been awarded to Elversberg instead. Then, Wagner attempted to speak to referee Petersen after he blew the half-time whistle but, already on a yellow for the previous complaint, was subsequently shown a second yellow card.
GGFN | Daniel Pinder

#court #coach
vcTlD
29 days ago
On August 5, Southwest Gas Holdings (NYSE:SWX) reported second quarter results for the period ended June 30 and reaffirmed its full year 2026 guidance. Net income attributable to the company reached $42.1 million, a sharp turnaround from a $40.2 million loss in the same quarter of 2025. But the number that stood out was the Great Basin 2028 Expansion Project, where contracted demand has grown enough that management now expects capital costs of $2.3 billion instead of the $1.7 billion baked into current five year guidance.
Southwest Gas's growth story increasingly runs through Nevada. Binding precedent agreements for the Great Basin 2028 Expansion Project have grown to roughly 1 billion cubic feet per day of contracted demand, and the company has fielded another 1.8 billion cubic feet of expressions of interest for phases running from 2029 through 2035. Based on that demand, management now projects an annual margin of $270 million to $300 million once the pipeline is in service, on capital investment of about $2.3 billion.
Regulators have been cooperating too. California's Public Utilities Commission approved the non-cost-of-capital pieces of Southwest Gas's rate case, adding roughly $40 million of incremental annual revenue and triggering recognition of $9.7 million of previously deferred first-quarter income. Nevada regulators approved a Triennial Resource Plan with prudency pre-determinations for about $186 million of capital spending, and the company filed for a general rate case increase of roughly $74 million.
Arizona's new System Integrity Mechanism, effective April 1 this year, lets Southwest Gas recover safety and reliability spending faster, up to a $50 million annual cap. The company put $520 million into its network in the first six months of 2026, including $115 million toward Great Basin, and closed the quarter with $270.5 million in cash and nearly $1 billion in available liquidity.
Look past the headline swing to profit, and the picture gets murkier. The core natural gas distribution segment actually earned less this quarter, with its contribution to net income falling from $45.6 million a year earlier to $40.8 million, and its adjusted net income slipping from $33.7 million to $31 million. Depreciation and amortization rose $8.7 million, or 13%, as gas plant in service grew 7% year over year, a reminder that heavy pipeline spending shows up in expenses well before it shows up in rates.

#million #company #basin
ZA_9h8BT8
29 days ago
By Hernan Nessi
BUENOS AIRES, Sept 4 (Reuters) - When traffic authorities confiscate a delivery rider's motorcycle in Buenos Aires, getting back to work can depend on taking out costly digital loans, feeding a debt cycle that is increasingly binding Argentina's gig workers to the apps they rely on for income.
Albert Quintero, a 41-year-old courier, earns ‌on average 70,000 pesos ($46) per day delivering takeaway meals. But recovering an impounded motorcycle can cost around 140,000 pesos ($90) in fines and fees, a bill he says many ‌workers can't afford without borrowing.
More app workers are turning to fintech loans, including credit offered by the same delivery platforms they work for, despite interest rates that regularly run into triple digits.
Apps such as PedidosYa offer loans to riders at a 131% annual rate, while digital wallet Personal Pay charges around 170%.

#motorcycle
7brick
30 days ago
Kala Bio, Inc. (NASDAQ:KALA) and Virotek Inc. have finalised an exclusive distribution and reseller agreement covering Virotek's ophthalmology genomic testing and screening programme in the United States.
Under the agreement, which took effect on September 4, 2026, Kala will serve as the sole U.S. distributor of the programme and will have the right to market, promote, distribute and resell Virotek's ophthalmology genetic testing services.
The agreement has an initial one-year term, with continued exclusivity dependent on Kala achieving agreed commercial milestones. It follows a non-binding letter of intent announced on September 1, 2026.
Virotek will remain responsible for the programme's infrastructure, supply of testing kits, specimen processing and clinical reporting. The company will also provide training and supporting materials to Kala's channel partners.
The companies have agreed to a profit-sharing arrangement that will take effect after Virotek recovers its programme costs. No additional financial terms were disclosed.

#programme
Gr7Ndbl8NtLy727
1 month ago
Florida-headquartered ONE Nuclear Energy said the company has executed a binding letter of intent (LOI) that would provide site control for development of Project Cayman, a 2.88-GW gas-fired power plant and 700-MW/2.88 GWh battery energy storage system (BESS) sited alongside a data center complex.The LOI was signed with what One Nuclear in an August 31 news release called a "prominent Louisiana landowner group." The company said the strategy aligns with Louisiana utility Entergy's continuing buildout of regional electricity transmission infrastructure."Project Cayman, with its 2.88-GW power capacity, demonstrates that One Nuclear is committed to supporting the future economic development of one of Louisiana's most important industrial regions," said Richard Taylor, CEO of One Nuclear. "The project will deliver the reliable energy needed to support new investment, create jobs, expand the local tax base and generate additional funding for community priorities and critical infrastructure."
Project Cayman is located near the RiverPlex MegaPark, a 17,000-acre heavy industrial site on the west bank of the Mississippi River in Ascension Parish, Louisiana. The location is northeast of ****** eX's recently announced $100-billion project to build its largest launch facility yet, called Starbase, Louisiana, in coastal Vermilion Parish. Project Cayman, along with serving data centers, is expected to support regional economic development for other industrial projects.One Nuclear said it will hold a series of public information meetings with local parishes, governmental agencies, and other project stakeholders from now through the end of the year.
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"ONE Nuclear is proud to invest in the region to support the rapidly growing energy needs created by other recently announced developments such as the ****** eX Starbase project and Hyundai's $5.8-billion steel mill," said Taylor. The company did not disclose details about the data center development, including the companies involved.
One Nuclear supports advanced small modular nuclear reactor (SMR) technology along with utility-scale gas-fired power plants. It currently has projects in Washington state, Texas, and New Mexico. The company has said its strategy is to build natural gas-fired generation to serve industrial sites that could later transition to the use of nuclear power through SMRs.Louisiana officials, unlike those in some other states, have signaled their support for data centers. Several major projects are underway or planned. Tech giant Meta is developing a 5-GW campus in Richland Parish. Amazon Web Services earlier this year said the company plans to invest $12 billion to build data center campuses in northwest Louisiana.Meta last year signed power purchase agreements with Treaty Oak Clean Energy for solar power in Louisiana. Entergy Louisiana in 2024 said it would build gigawatts of new natural gas-fired power generation to support Meta's operations in the sta
pijaljggfpamh
1 month ago
The take-or-pay agreements that bears read as a cap on upside are the same ones that put a priced floor under Micron's worst case.
Micron Technology (MU) stock has returned nearly 700% over the past year and still trades at about 77% of its 52-week high. The argument worth having about it is not where DRAM prices go next. It is about the supply contracts the company signed during the shortage, and what they do to the bottom of the next cycle rather than the top of this one.
Customers Committed $100 Billion At Micron's Minimum Prices
The 16 strategic customer agreements are take-or-pay: binding commitments to buy specific volumes, typically over a five-year term to the end of calendar 2030. Fourteen of them carry ******* ulative revenue at the contracts' minimum prices of roughly $100 billion over the remaining term. That is a floor spread across the whole term rather than a year's worth, against $90.3 billion of revenue in Micron's last twelve months alone. The $100 billion is a minimum-price figure, not an expectation: management says it expects revenue under the agreements to run well above that minimum. Micron projects $22 billion of cash deposits and related financial commitments from those customers, deposits it holds while the agreements run and returns over time. The committed supply is DRAM, including HBM as appropriate, and NAND, the products behind an HBM4 ramp and a 1 gamma DRAM node on track to be among the highest-volume nodes in Micron's history.
Micron's Operating Margin Was Negative Three Years Ago

#prices #micron #committed
fxftawxufdm
1 month ago
KUALA LUMPUR, Sept 1 (Reuters) - The United Nations refugee agency said on Tuesday it was not involved in Malaysia's planned ‌repatriation of Myanmar refugees, and warned that it remains unsafe ‌for them to return to the war-torn country.
Malaysia's Home Ministry said last week it had finalised the first phase of a voluntary repatriation programme that will see 1,476 refugees returned to Myanmar on September 29.
Prime Minister Anwar Ibrahim had earlier said Myanmar had agreed to repatriate 5,000 Rohingya, amid rising ‌tensions over the refugees ⁠within local communities in Malaysia.
The UNHCR said an ongoing armed conflict and violence across Myanmar meant there could ⁠not be a safe, dignified and sustainable voluntary return of refugees.
"Under customary international law – a binding obligation on all states – no one should be sent to a country where their rights or freedoms may be at ‌risk. Any refugee return must be voluntary, based on an informed decision, and take place in conditions of safety and dignity," it said in an emailed statement to Reuters.

#myanmar #refugees #refugee #country
WhIrl1260
1 month ago
Almonty Industries Inc. (NASDAQ:ALM) began a 36-month share-repurchase authorization on August 24 that permits the company to buy up to 14.4 million common shares, representing approximately 5% of shares outstanding as of August 14, for as much as US$300 million.
The headline amount overstates what Almonty Industries Inc. (NASDAQ:ALM) would spend at its current valuation. At the August 24 closing price of $18.28, repurchasing the full 14.4 million shares would cost approximately $263.2 million before transaction costs. The share limit would become the binding constraint unless the average purchase price exceeds roughly $20.83.
The buyback is financially plausible because Almonty Industries Inc. (NASDAQ:ALM) ended June with C$1.23 billion of cash. First-half operating cash flow reached C$31.6 million, compared with a C$14.9 million outflow a year earlier, while second-quarter revenue increased to C$43.0 million from C$7.2 million.
Sangdong is also moving beyond construction. Almonty Industries Inc. (NASDAQ:ALM) began feeding stockpiled ore into the processing plant in June to produce saleable tungsten concentrate. Phase I is designed for approximately 640,000 tonnes of annual ore throughput, and the planned Phase II expansion could increase capacity to approximately 1.2 million tonnes.
If management is correct that the market undervalues Sangdong's future cash flow, retiring shares before the mine reaches full output could increase each remaining shareholder's participation in that growth. Almonty Industries Inc. (NASDAQ:ALM) also has flexibility to spread purchases across three years rather than committing the entire amount immediately.

#million #phase
nzycable
1 month ago
Shares in Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF), the integrated copper producer and resource developer in Zambia, rose 6% to 2.65 pence on Wednesday.
The company has selected a preferred purchaser for its Large Waste Project, which has offered total acquisition consideration of $35 million.
The sale follows the receipt of two binding offers for the project, announced on 10 August.
The transaction will proceed through a two-stage due diligence process, with the first stage expected to conclude within approximately ten days.
Subject to satisfactory due diligence and definitive transaction documentation, the balance of the $35 million consideration will be settled over an agreed three-year instalment period.

#project #consideration #metals
fnoq435nzmksvke556
1 month ago
Cavalier Resources has selected SSH Group as its preferred mining services contractor for stage one of the Crawford Gold Project in Western Australia.
The project is located approximately 20km east of Leonora.
Both companies have signed a letter of intent (LoI) outlining SSH Group's expected role as mining contractor for the initial phase of the project. This phase will focus on the oxide pit defined in Cavalier's most recent pre-feasibility study, announced in April 2026.
The contract is expected to last around 12 months, covering active mining operations during the stage one period.
Cavalier and SSH plan to finalise commercial terms with the aim of signing a binding heads of agreement and, subsequently, a mining services agreement.

#phase #resources
qcdqzxwokwfanry
1 month ago
RUM Group Inc. (formerly Rumble) (NASDAQ:RUM) entered into a binding warrant term sheet with an unaffiliated U.S.-based third-party cloud customer on Sunday, August 23, alongside a major commercial agreement.
Under the six-year contract, the customer will purchase access to graphics processing units (GPUs) and GPU services at the company's Maysville, Georgia location, which is currently under development.
The commercial agreement features a total order value of approximately $13.7 billion, split evenly across three distinct tranches.
To establish binding obligations or liabilities for the third tranche, the customer must first review and approve the company's proposed delivery date using reasonable discretion.
Both organizations will negotiate in good faith to complete a definitive warrant agreement.

#binding #Third #rumble
pIxelSoCKet
1 month ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy added Equinix, Inc. (NASDAQ:EQIX) to its portfolio. Equinix, Inc. (NASDAQ:EQIX) is a leading digital infrastructure company that operates a global network of data centers and interconnected ecosystems, enabling seamless delivery of digital experiences and cutting-edge AI quickly and efficiently. On August 21, 2026, Equinix, Inc. (NASDAQ:EQIX) closed at $1,065.39 per share. The one-month return of Equinix, Inc. (NASDAQ:EQIX) was 1.78% and its shares gained 36.17% over the past 52 weeks. Equinix, Inc. (NASDAQ:EQIX) has a market capitalization of $105.12 billion.
SGA Global Growth Strategy stated the following regarding Equinix, Inc. (NASDAQ:EQIX) in its Q2 2026 investor letter:
"A position in Equinix, a leading global data center provider, was initiated during the quarter. The company sells ******* e, power, and connectivity services across a global footprint, binding strategic clients to its facilities through interconnection and coplacement for low-latency and high-bandwidth services. Equinix is a familiar name for SGA, having been a portfolio holding for ten years before being sold in 2024 as the growth rate had slowed and management was in the midst of a leadership transition. Both dynamics have since reversed, with growth re-accelerating as AI inferencing ramps and power demand remains high, and with new leaders now announced and in place." (Click here to read the full text)

#Growth #eqix #letter
hxespusltgfpenev
1 month ago
Tempus AI (NASDAQ: TEM) stock posted massive gains this week despite valuation pressures across the broader market. The healthcare artificial intelligence (AI) specialist's share price climbed 39.5% over its close at the end of the previous week's trading. Meanwhile, the S&P 500's level declined 1.9%, and the Nasdaq Composite's level declined 2.8%.
Tempus's big gains this week stemmed from a press release published by Merck and Moderna that provided an update on a trial for their cancer vaccine. Despite the big valuation pop, Tempus stock is still down roughly 10% over the last year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
On Wednesday, Merck and Moderna published a press release detailing Phase 3 trial data for the use of a jointly developed messenger ribonucleic acid (mRNA) vaccine along with Merck's Keytruda immunotherapy as a cancer treatment. The results showed that patients who took the combined treatment saw significant benefits compared to those who just took Keytruda, with the return and spread of cancer both being diminished among the cohort.
Tempus stock soared following the announcement, largely due to its pending acquisition of Personalis -- the company that developed the genomic tumor-profiling technology that was central to the development of Merck and Moderna's cancer vaccines. Tempus's deal to acquire Personalis is a binding agreement and is expected to close late this year or early in 2027.

#tempus #NASDAQ #keytruda
imARMWNIq950
1 month ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy added Equinix, Inc. (NASDAQ:EQIX) to its portfolio. Equinix, Inc. (NASDAQ:EQIX) is a leading digital infrastructure company that operates a global network of data centers and interconnected ecosystems, enabling seamless delivery of digital experiences and cutting-edge AI quickly and efficiently. On August 21, 2026, Equinix, Inc. (NASDAQ:EQIX) closed at $1,065.39 per share. The one-month return of Equinix, Inc. (NASDAQ:EQIX) was 1.78% and its shares gained 36.17% over the past 52 weeks. Equinix, Inc. (NASDAQ:EQIX) has a market capitalization of $105.12 billion.
SGA Global Growth Strategy stated the following regarding Equinix, Inc. (NASDAQ:EQIX) in its Q2 2026 investor letter:
"A position in Equinix, a leading global data center provider, was initiated during the quarter. The company sells **** e, power, and connectivity services across a global footprint, binding strategic clients to its facilities through interconnection and coplacement for low-latency and high-bandwidth services. Equinix is a familiar name for SGA, having been a portfolio holding for ten years before being sold in 2024 as the growth rate had slowed and management was in the midst of a leadership transition. Both dynamics have since reversed, with growth re-accelerating as AI inferencing ramps and power demand remains high, and with new leaders now announced and in place." (Click here to read the full text)

#Growth #eqix #letter #strategy
n19ewaovm
1 month ago
Exxon is in the running for Shell's U.S. chemicals business that could fetch $8 billion, the Financial Times reported today, citing unnamed sources familiar with developments.
The U.S. supermajor is competing with LyondellBasell, Apollo Global Management, and the Kuwait Petroleum Corporation, the unnamed sources also told the publication. The potential buyers have submitted non-binding offers to Shell, with these ranging from offers to buy parts of the business to offers for the whole division.
Shell's chemicals business in the United States comprises four facilities in Louisiana, Texas, and Pennsylvania that make chemicals used in a range of industries, from plastics production to detergents.
Shell has made two **** et sales recently, one of its onshore wind and solar power business in Europe and the other of a stake in a gas project offshore Cyprus. The wind and solar power deal went to TotalEnergies and involved 500 megawatts of combined renewable generation capacity in operation and in development, as well as a pipeline of projects for future development across Italy, the Netherlands, Spain, and the UK.
The transaction is subject to regulatory approvals and is expected to complete by the end of 2026, Shell said earlier this month in the announcement of the deal with TotalEnergies.

#business #chemicals #unnamed #wind
8raw
1 month ago
STOCKHOLM (AP) — Six Nordic national soccer **** ociations piled more pressure on embattled FIFA President Gianni Infantino on Sunday by saying they had "lost confidence" in his leadership.
The **** ociations from Sweden, Norway, Finland, Denmark, Iceland and the Faeroe Islands issued a joint statement to say they "view the organization's governance and decision-making at the highest level with great concern."
The **** ociations said they stand united with European soccer governing body UEFA and support the measures it has already proposed.
"We expect FIFA to provide binding guarantees that the organization's governance or competitions will never again be opened up to private ownership," the **** ociations said.
Infantino faces pressure to resign after his plans to sell future World Cup profits to private investors triggered a backlash and criticism from UEFA, the Asian Football Confederation and CONCACAF, the governing body for North and Central American and Caribbean soccer.

#associations #uefa #governing #private
rjz196cccyx
1 month ago
Interested in LiveRamp Holdings, Inc.? Here are five stocks we like better.
LiveRamp shareholders approved the proposed merger with MMS USA Holdings, with affirmative votes representing more than 77% of shares outstanding and entitled to vote. The preliminary results satisfy a key condition of the May 16, 2026 merger agreement.
The special meeting had strong participation, with 92.23% of outstanding shares represented. Shareholders also reelected three directors and approved an equity-plan share increase, executive compensation on a non-binding basis, and KPMG as the fiscal 2027 auditor.
A separate advisory proposal covering merger-related compensation for named executives failed, receiving affirmative support from only 14.16% of votes cast. LiveRamp expects to file certified final voting results with the SEC within four business days.
LiveRamp (NYSE:RAMP) stockholders approved the company's proposed merger with MMS USA Holdings Inc. at a virtual special meeting, clearing a key shareholder-vote requirement for the transaction outlined in a May 16, 2026 merger agreement.

#affirmative #shares
cojupe_minqi865
1 month ago
On August 13, Fermi Inc. (NASDAQ:FRMI) held its second-quarter earnings call and delivered exactly the kind of update a young power developer needs: proof that its plans are turning into contracts. Chairman Marius Haas told investors the company had hit all five commitments from a 90-day plan he laid out three months earlier, topped by a binding customer agreement with AI infrastructure company TensorWave. For a business that still has no meaningful revenue and years of construction ahead of it, a signed customer paired with visible progress on the ground is exactly what shareholders wanted to see.
The headline item is the TensorWave agreement itself: up to 650 megawatts of power if every expansion option is exercised, split across three phases. The initial phase is a 15-year commitment for 222 megawatts of gross power delivered through a turnkey data center solution, worth about $6.5 billion in revenue over that term. Chief Commercial Officer Anna Bofa described the deal as more than one customer's order, noting that the $6.5 billion figure is tied strictly to this Phase 1 commitment, while the campus holds a total expansion potential of up to 650 megawatts. This positions TensorWave as a gateway to hyperscalers and chipmakers that could add more workloads to the campus later on.
Fermi backed the contract with hardware. Three Siemens Energy F-class units, each rated above 242 megawatts, reached the Port of Houston in July and cleared customs to advance the company's 2028 and 2029 power delivery objectives, while a separate configuration of simple cycle turbines and utility power feeds the plan to deliver 640 megawatts of nameplate capacity by the fourth quarter of 2027, with the first 210 megawatts online by July 1, 2027. A new alliance with Hillcore Energy Partners adds another 2.6 gigawatts within three years, with Hillcore financing and building that facility while Fermi simply collects rent, doubling the campus's planned output to 4.8 gigawatts at no extra capital cost to Fermi. The quarter also brought a stronger balance sheet, via an upsized offering of more than $430 million in convertible senior notes, yielding approximately $382 million in net proceeds after a capped call, and a new chief executive in Lee McIntire, whose résumé includes running major projects at Bechtel, McDermott, and TerraPower.
Some of the biggest figures on the call still come with asterisks. The backstop agreement sitting behind the TensorWave lease wasn't finished as of the call, and Fermi hasn't named the counterparty standing behind it, only that a deal was expected within days. Management also said the broader campus can't break ground until project financing beyond this round is lined up, a reminder that the recent convertible note raise alone doesn't cover building out a multi-billion dollar site. The $6.5 billion figure is tied strictly to the initial Phase 1 commitment (222 megawatts), whereas the full 650-megawatt potential depends on future expansion o
xewwofoju
1 month ago
SOUTH BEND — Former Notre Dame football defensive end Junior Tuihalamaka might get another crack at college football after all.
After going undrafted and unsigned in the spring, Tuihalamaka was among 16-plus football players named in a successful class action lawsuit on the part of 2022 signees who were not given a fifth year of eligibility under the NCAA's new age-based eligibility parameters.
According to On3.com, the 6-foot-2, 255-pound edge rusher has entered the transfer portal as of Thursday afternoon, Aug. 20.
A product of Granada Hills, CA, Tuihalamaka has a younger brother, Alifeleti, who gave his nonbinding commitment to USC in early May as part of the 2027 recruiting class. The younger Tuihalamaka is a four-star defensive lineman listed at 6-4 and 260 pounds.
Niuafe "Junior" Tuihalamaka was credited with a combined 45 quarterback pressures over his final two seasons with the Irish. A core special teams performer in his first three seasons, including his freshman year in 2022, Tuihalamaka backed up Boubacar Traore off the edge in 2025.

#class #year #eligibility
3vltcl64
1 month ago
Rox Resources has formalised a binding native **** le mining agreement with the Badimia Barna Native **** le Claim Applicant, providing a framework for operations at the Youanmi Gold Mine in Western Australia (WA).
The agreement covers project tenements held by Rox Resources and its wholly owned subsidiary Rox (Murchison).
It provides Rox Resources with consent for the grant and renewal of current and future mining tenure and approvals within the Youanmi project area.
This consent will apply to both existing tenements and any new applications submitted by the company in the defined region.
As part of the agreement, a structure is being established for continued cooperation on heritage protection and environmental considerations.

#title #mining
mjczhsids
2 months ago
AuKing Mining has signed a binding agreement to acquire all issued shares in Green Exploration, the Malawian subsidiary of Tusker Minerals, in a transaction valued at up to approximately A$4.85m ($3.4m).
The deal will see AuKing take control of several sites including the Machinga Rare Earth Elements Project (EPL 0529 and EPL 0705), as well as the Ngala Hill, Salambidwe and Karonga projects in Malawi.
Under the terms agreed between the two Australian-listed companies, Tusker Minerals will retain beneficial ownership of the Mzimba rutile project, which is scheduled for transfer out of Green Exploration following completion of the sale.
This arrangement replaces a previous agreement between the parties that focused solely on the Machinga Project.
The Machinga site is located within the extensive Chilwa Alkaline Province, which cuts through Proterozoic rocks including gneisses, granulites and amphibolites.

#machinga #project #mining
ZA_9h8BT8
2 months ago
Argentina LNG, the liquefied natural gas project backed by YPF, Eni and Abu Dhabi-based XRG, has applied for inclusion in Argentina's Large Investment Incentive Regime, or RIGI, as the partners work toward a final investment decision by the end of 2026.
The proposed integrated development would connect natural gas production from Argentina's Vaca Muerta shale formation with processing, transportation and LNG export infrastructure. The project calls for two floating LNG vessels offshore Río Negro province with combined liquefaction capacity of 12 million tonnes per year.
YPF said in a separate project announcement that total spending over the life of Argentina LNG could reach $51 billion, making it the largest project submitted under the RIGI framework to date. The company expects the two floating LNG units to begin operations around 2031.
RIGI was established to encourage large-scale investments in Argentina by providing qualifying projects with long-term fiscal, customs and foreign-exchange benefits and greater regulatory stability. For Argentina LNG, securing those terms would help underpin the financing of a capital-intensive project intended largely for export markets.
The application follows several steps by the partners to deepen their involvement in the project. YPF, Eni and XRG signed a binding joint development agreement in February to advance engineering, commercial and financing work for the 12-million-tonne-per-year development.

#project #rigi #export

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