AC Milan and Inter Milan have jointly unveiled the first detailed designs for Generali Stadium. This new venue will become their shared home and a major feature of Milan's future sporting landscape.
The clubs introduced the project on 29 October, signalling a significant step towards replacing San Siro.
Under an agreement with insurance and ****** et management group Generali, the proposed stadium is planned as part of a broader urban redevelopment initiative.
According to announcements from both clubs, Generali Stadium will seat about 71,500 spectators, with architecture intended to evoke key elements of Milan's identity and draw on the city's design traditions and landmarks such as the Duomo di Milano.
Foster + Partners and MANICA are leading the architectural vision, combining extensive sports-venue experience with local design influences.

#stadium #clubs #design #Inter

Speculation surrounding the long-term future of Ronald Araujo has intensified as his representative finally addressed the defender's mindset at Anfield. The Uruguayan international remains a central figure for the Premier League leaders despite persistent links to a continental exit.
The representative for Araujo has sought to clarify the Liverpool defender's current status following a wave of reports suggesting a potential move away from the Premier League. As one of the most consistent performers in the English top flight, Araujo has become a cornerstone of the defensive unit, leading to inevitable interest from across Europe's elite clubs looking to bolster their backlines.
However, despite the noise surrounding a possible departure, the message from his camp remains one of stability and contentment. His agent, Eduardo Crnjar, spoke about the player's current situation and how he feels about his surroundings in the North West of England. "Ronald is performing well , we're very happy with what he's offering, but it's still too early to talk about his future. He feels great, he's happy to be playing for Liverpool and helping the club and his teammates, as he's already said," Crnjar told WinWin Sports, as quoted by SPORT.
While the agent's comments provide some breathing room for the club, the broader context of the transfer market continues to loom over the situation. Several teams have been monitoring the Uruguayan's progress, aware that a defender of his calibre and age profile is a rare commodity in the modern game, especially given his proven track record in both La Liga and the Premier League.
The mention of a €55m valuation has frequently appeared in discussions regarding a potential transfer fee, a figure that many consider to be a bargain for a player of his international standing. Liverpool, however, would likely demand a significantly higher sum to even consider entering negotiations for a player who still has his best years ahead of him at the highest level of European football.

#future

It was, for a while, considered one of those colorful quirks that crop up in the course of an election: the fact that not one but two candidates named Dan Sullivan will appear on the Nov. 3 ballot for U.S. senator from Alaska.
One Dan Sullivan — Dan S. Sullivan — is the state's incumbent Republican senator. He is trying to fend off a fierce challenge from former Democratic Rep. Mary Peltola and secure a third term. The other Dan Sullivan — Dan J. Sullivan — is a retired teacher from a tiny fishing village along the Alaska Panhandle. He has never previously campaigned for public office, and he switched his registration from "unaffiliated" to "Republican" just before the deadline to run. (He has since switched back to unaffiliated.)
But now the situation seems to be getting more serious. At President Trump's direction, the Justice Department last week sued in federal court to block certification of the election if Sen. Dan S. Sullivan loses, alleging that retired teacher Dan J. Sullivan is a Democratic plant whose purpose is to siphon away votes.
Then, on Wednesday, the New York Times published an extensive investigation that appears to substantiate that allegation, calling it "Democrats' secret effort to stack Alaska's ballot."
"The Times has found, based on interviews and text messages, along with documents prepared for a potential lawsuit against the campaign, that not only did Ms. Peltola's team work with people trying to recruit Mr. Sullivan to run for Senate, but the effort was much broader," the paper wrote. "The group worked to coax other would-be spoilers into the race, to dilute the incumbent's support and help catapult the Democrat to victory."

#democratic

McALLEN, Texas (AP) — The Ford Expedition rumbled to a stop and Cindy Banda's bedazzled flip-flops landed on the asphalt of the Houston cancer center's vast parking lot. She threaded through the rows of cars, a tally of patients who gather here to sit with chemotherapy needles or lie on radiation machines.
The elevator dinged open. A year ago in this building, surgeons removed Banda's right breast, and she still didn't know whether treatment had expunged the cancer from her body. Doctors had told her it would be tough to beat.
"I'm more of a positive person myself," Banda said, now sitting with a white wristband in a dim waiting room. But the bills are harder to dismiss, and the single mother with six children in her care repeated something like a mantra. "Keep the house. Keep the cars. And just keep the kids stable."
That's true for many Americans, as rising healthcare costs leave more families with a sinking feeling after seeing the bill for surgery or medication. Heading into the Nov. 3 midterm elections, about half of registered voters said healthcare costs are a major problem for them and their families, up from a little more than one-third four years ago, according to a Fox News poll from September.
With party control of Congress at stake, registered voters are nearly twice as likely to say they trust Democrats over Republicans to handle healthcare, according to an ******* ociated Press-NORC Center for Public Affairs Research poll from the same month. Those frustrations, combined with broader concerns over rising prices, have sapped support for President Donald Trump and his Republican Party.

#keep #cancer #rising #families

Nashville SC is the first MLS club to clinch a spot in the 2027 Concacaf Champions Cup. The team has guaranteed a finish no worse than third in the league's overall standings, with matches still remaining on the 2026 schedule.
The math is simple: Nashville's position is now unreachable by any chasing club, even in a worst-case run to close out the season. That removes any dependency on other results and hands the front office an international fixture to plan around a year in advance.
Qualification doesn't end the ambition. Third place is the floor, not the ceiling, and Nashville still has reason to push for a higher finish before the playoffs begin. A stronger regular-season position carries weight heading into the postseason, where seeding and momentum matter.
The early clinch also gives the roster-building process a head start. Playing continental and domestic competitions at once demands depth — injuries, suspensions and fatigue all hit harder across a packed calendar — so locking in the Champions Cup spot now lets the front office plan accordingly instead of waiting on the regular season's final weeks.
The Concacaf Champions Cup is the region's top club competition, pitting MLS sides against teams from Mexico, Central America and the Caribbean. For Nashville, it's a chance to test the squad against different styles and raise its profile beyond the domestic league — part of a broader push by MLS clubs to build credibility on the continental stage.

#nashville #concacaf #spot

Stocks are doing something that normally should not happen at the same time.
Major indexes keep closing at record highs even as Treasury yields climb to levels not seen in over two decades. That combination has traditionally meant trouble for expensive growth stocks, not fresh records.
Jim Cramer says there is a clear explanation for the disconnect. It comes down to just three companies carrying far more weight than their size alone would suggest.
Also read: Jim Cramer noticed something odd about the stock market
"Mad Money" host Jim Cramer said Nvidia, Microsoft and Meta are propping up the broader market even as surging Treasury yields pressure nearly everything else on Wall Street. "Here, I think there's tremendous distortion caused by some very big winners, namely Nvidia, Microsoft and Meta," he said.

#cramer #meta #market

Jaguar has a lot riding on its new vehicle, the Type 01.
Revealed last night in New York, the new EV sedan is the production version of the Type 00 concept. It retains the hard angles, dramatic long hood, and truncated rear end of the concept, but with slightly normalized proportions.
The conversion to a sedan also makes it more palatable to a broader subset of buyers compared to the concept's coupe design. Inside the cabin is another story, with a "brass floating spine" bisecting the interior and bucket-type seating in the back, creating a four-seat grand tourer.
The specs are impressive, and like most EVs, it boasts abundant power. Jaguar said the swooping sedan will pump out 1,016 hp, hit 0 to 62mph in 3.2 seconds, and have an estimated range of 450 miles.
Read more: How to find the best luxury car insurance

#jaguar #inside #Riding #last

Princess Diana left behind one of the world's most recognizable jewelry collections, and decades after her death, several of its most sentimental pieces continue to appear on Kate Middleton and Meghan Markle. Kate received perhaps the most famous jewel of them all: Diana's sapphire engagement ring. Meghan, meanwhile, has worn a broader **** ortment of personal pieces, including the late princess' Cartier watch and striking aquamarine **** tail ring. However, determining who received the "best" collection is not as simple as counting diamonds. Some jewels Kate wore belonged to Diana, while others remained part of the royal collection and were merely loaned to both princesses.
Anwar Hussein Newscom/MEGA
Diana reportedly made her wishes clear before her death in 1997.
"I would like you to allocate all my jewelry to the share to be held by my sons, so that their wives may, in due course, have it or use it," she stipulated in a letter accompanying her will, according to Vanity Fair.
The exact division between Prince William and Prince Harry has never been publicly disclosed. Nevertheless, the pieces their wives have subsequently worn offer occasional glimpses into how Diana's personal collection may have been distributed. Kate and Meghan have both used the jewels to honor the mother-in-law they never met. Their selections also reflect their different public lives: Kate regularly wears statement pieces at state occasions, while Meghan frequently incorporates Diana's more personal accessories into contemporary outfits.

#meghan #prince

(Bloomberg) -- Cryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.
Most Read from Bloomberg
Apple to Launch Doorbell, Lock, Thermostat Developed With LG
Deeply Distressed US Loans Rise to Highest Level Since Pandemic, JPMorgan Says
SpaceX in Talks to Borrow $40 Billion to Buy Nvidia Chips

#launch #developed #deeply

The Trump administration is struggling to get clear answers about the death of a Russian laboratory worker at an institute dedicated to studying the plague and has formally escalated its request for information from the country, amid days of stonewalling from Russian officials about the mysterious circumstances surrounding the episode.
The death of the technician at the Irkutsk Research Anti-Plague Institute of Siberia immediately raised alarms throughout the administration, prompting a race to compile intel and plot for a potential public health response, according to multiple sources familiar with the matter.
But Russia’s reluctance to share information about the incident has complicated those efforts, leaving officials uncertain what broader risks it could pose — and how exactly to defend the US against them.
The US escalated its request for information, issuing a formal diplomatic communication, called a démarche, a source familiar told CNN late Tuesday.
“We have officially requested additional information from the Russian government,” a State Department spokesperson said. “We are also in official communication with other countries around the world to share information.”

#information #russian #request #officials

Wealthy baby boomers have spent decades building their fortunes—and the foundations, donor-advised funds, and giving traditions that come with them. But as the $124 trillion Great Wealth Transfer gets underway, a growing share of the older generation isn't so sure their kids will carry on tradition the way they hope.
Fewer than half of wealthy Americans (47%) believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024, according to research from Bank of America released last week. The share of parents who believe their children share their commitment to giving back fell even more sharply to 65% from 76%. The bank surveyed more than 1,430 wealthy individuals in the U.S. aged 21 or older with at least $3 million in investable ******* ets, excluding primary residence.
The confidence gap in philanthropy mirrors a broader anxiety wealth advisors have noticed about whether heirs are ready for any of it.
"This is a very real concern I'm hearing from ultra-affluent families right now," Tom Thiegs, managing director of leadership and legacy at Ascent Private Capital Management with U.S. Bank, told Fortune of parents' fears that wealth could dampen their children's drive. Trent Von Ahsen of Cedar Point Capital Partners also told Fortune his clients are leaning on mentorship and phased wealth transfers rather than lump-sum inheritances.
But the irony is younger donors are, by several of the study's measures, more engaged donors than older generations. Gen Z and millennial donors support an average of 12 charitable causes, compared with eight among wealth donors overall. They're also roughly twice as likely to use a donor-advised fund, and 87% say honoring their family's philanthropic tradition is important. Meanwhile, 86% say it's equally important to establish their own charitable identity.

#advised

Treasury Secretary Scott Bessent said the child savings accounts known as Trump Accounts will complement Social Security, improving retirement security for the youngest Americans.
"Depending on which age a beneficiary decides to take Social Security — 62, 65, 70 — on the other side of the ledger, if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can grow upon for their retirement needs," Bessent said at an event on Monday, highlighting the Trump Accounts in Harrisburg, Pa.
As of Oct. 1, the Treasury Department shifted the accounts from a voluntary index-fund investment to automatic enrollment to ensure broader access to the child savings accounts.
Read more: How to open a Trump Account for your child: A step-by-step guide
Nearly 70 million children under 18 with a valid Social Security number now have Trump accounts established in their names. That's up from 7 million signups last week. It's now up to parents and guardians to claim their child's account.

#accounts #security #Retirement #account

The Los Angeles community has rallied around Chad Lowe's family as they navigate the devastating loss of his 13-year-old daughter, Fiona Lowe.
Friends and families connected to Fiona's school have reportedly offered practical help, but the family has chosen to keep that support within a small, private circle.
Their decision comes as the school community also works to care for students and staff, creating a broader network of support around those grieving the teenager's death.
KTLA/Broadimage / MEGA
The outpouring of support for Chad Lowe's family has reportedly extended beyond condolences, with several families from Fiona's school offering meal trains and even GoFundMe accounts.

#support #chad #community

Latino voters helped propel Donald Trump back to the White House. Now, they are turning on him, according to a new NBC News/Telemundo poll — a shift that gives Democrats a major opportunity to capitalize in a 2026 election that could hinge on states and districts with sizable Latino populations.
Like the broader electorate, Latino voters are racked by major concerns about high prices and Trump’s approach to immigration enforcement. The president’s approval rating sits at 27% among Latino voters. Two-thirds say his administration’s deportation policies have gone too far and three-quarters disapprove of how he has handled the economy and the cost of living.
There are clear signs his party is paying the price.
A greater share of Latino voters hold negative views of the Republican Party than at any time since 2016, and Democrats have leads on issues like dealing with the economy, immigration, the cost of living, corruption and healthcare. Two years ago, Latino voters gave Trump a 4-point edge over then-Vice President Kamala Harris on handling the economy. Today, they give Democrats a 21-point advantage on the same question.
Against that backdrop, Democrats have a 24-point lead on whom Latino voters want to see in control of Congress, 59%-35%.

#latino

VANDALIA, Ohio — President Donald Trump rallied Saturday for Republicans in Ohio’s competitive races for Senate and governor, predicting that the party will defy expectations in a choppy midterm election climate.
“I think we’re going to have a big surprise, because they don’t know what’s happening,” Trump said while speaking onstage inside a high school gymnasium near Dayton.
“Just get out and vote,” Trump added. “If you do that, we’re going to win, and we’re going to win big. And we’re going to shove it up their ***** .”
The visit, part of what White House officials have told NBC News will be a push through at least 17 states between now and Nov. 3, was aimed at boosting Sen. Jon Husted and GOP gubernatorial nominee Vivek Ramaswamy.
Trump, who won Ohio three times by comfortable margins, opened his speech with praise for both before moving into broader remarks to promote himself and his administration. He also offered support for local Rep. Mike Turner and for several House candidates in attendance, including Derek Merrin, the Republican running against longtime Democratic Rep. Marcy Kaptur in northwest Ohio.

#Trump #saturday #republicans #senate

Ben Affleck says losing both of his parents within the same year has changed the way he looks back at the family and home that shaped him. His father, Timothy Affleck, died in April, followed by his mother, Chris Anne Affleck, in June.
The actor addressed the losses publicly during the September 30 episode of Kerry Washington's Street You Grew Up On podcast. Affleck called losing both parents "sort of a big thing" and said it had caused him to revisit his childhood in ways that felt different from before.
Much of that shift centers on his mother, who died June 2 at age 83 after being diagnosed with pancreatic cancer in December 2025. After her death, Affleck discovered letters she had written to her own parents as a young woman and began reading about ambitions, interests and experiences that existed decades before he knew her as his mother.
That discovery gave Affleck a fuller view of what she later devoted to raising him and his younger brother, Casey. It also fit a broader change in perspective he has described as an adult. Seeing his parents not simply through the roles they played in his childhood, but as people with their own histories, struggles and capacity for change.
The letters came from Chris Anne's younger years, including periods when she was living in California and deciding what kind of work she wanted to pursue. PEOPLE reported that Affleck found references to possible careers in teaching and social work, protests and time spent traveling to Mississippi.

#losing #childhood

Intel sold control of Altera last year. Now the programmable-chip company is heading back toward the public market just as AI gives investors a new reason to care about FPGAs.
Altera said on September 15 that it confidentially filed for a U.S. IPO. Reuters previously reported that the offering could raise more than $2 billion. Silver Lake owns 51% after investing $4.46 billion for control, while Intel Corporation (NASDAQ:INTC) retains 49%.
Intel Corp.'s headquarters, the Robert Noyce Building in Santa Clara, California. Photo from Intel Corp website
The most useful strategic comparison is Advanced Micro Devices, Inc. (NASDAQ:AMD), which bought FPGA leader Xilinx in 2022 and integrated programmable silicon into a much broader data-center portfolio.
Intel bought Altera for $16.7 billion in 2015 before separating the business and selling control to Silver Lake. An IPO would create a new market valuation for Intel Corporation's (NASDAQ:INTC) remaining interest.

#corp

SK Hynix is exploring something it has never done before: manufacturing memory chips in the United States.
Reuters reported on September 16 that the Korean memory giant is discussing several possibilities with Intel Corporation (NASDAQ:INTC), including leasing part of Intel's long-delayed Ohio complex or forming a venture involving Intel and large cloud customers. SK Hynix said no specific plan has been finalized.
For Micron Technology, Inc. (NASDAQ:MU), the talks matter because one of its strongest strategic advantages is being the major U.S.-based memory producer while AI has made DRAM and HBM increasingly scarce.
Intel has committed enormous capital to Ohio, with the broader project potentially reaching around $100 billion over time. Delays have pushed planned production into the next decade. A tenant or joint-venture partner could therefore help Intel share the financial burden of developing the Ohio site rather than relying entirely on its own foundry demand to justify the buildout.
That is the bull case. The bear case is that exploratory talks are a long way from revenue. Bringing advanced Korean memory production to the U.S. could face cost problems, technology-transfer restrictions and objections from Seoul. Intel still needs its core manufacturing roadmap to work.

#long

For the recently reported second quarter, PicS N.V. (NASDAQ:PICS) outperformed relative to its previous guidance across all profitability metrics. The total account base for the company went up to 70.4 million during the second quarter, showcasing a 10% jump from the prior year. Moving on to the bottom line figures, the adjusted earnings before tax, without factoring in costs ******* ociated with stock-based compensation came in at R$291 million for the quarter. This represented a 2.1% outperformance relative to the company's R$285 million guidance. Similarly, compared to the R$245 million projection, adjusted net income for the period actually stood 15.5% higher at R$283 million.
welcomia/Shutterstock.com
The second quarter concluded with strong financial and operating momentum for PicS. The company recorded a 9% annual and 2% sequential growth in its client base, which went up to 45.4 million active users. The total credit portfolio jumped to R$31.9 billion, exceeding management's guidance by 3%. This outperformance came due to a higher number of mature credit card cohorts, and accelerated origination within secured and partly secured categories. An additional factor that accounted for the credit portfolio growth was management's measured expansion into higher risk areas such as newer platform credit and private payroll lending.
Managerial revenue rose to R$3,730 million, topping guidance by 3.6%, and net interest income reached R$2,002 million, 5.4% above projections, boosted by growing credit income. Total cash in totaled R$136.4 billion, up 17% from a year earlier and 9% from the previous quarter, with customers bringing in an average of approximately R$45.4 billion to the platform each month. Total deposits climbed to R$35.8 billion, a 45% yearly jump and 10% quarterly rise.
Some concerns related to the company's loan portfolio emerged during the quarter. Non-performing loans more than 90 days overdue increased to 9.8% of the credit portfolio during the quarter, up 93 basis points sequentially. Stage 3 exposure, which includes a broader set of credit-impaired loans, reached 12.9% of the total credit portfolio.

#million #credit #quarter #Portfolio

On September 9, 2026, Apple Inc. (NASDAQ:AAPL) unveiled the iPhone Duo, its first foldable smartphone and the biggest change to the iPhone's design in nearly 20 years, at the first product launch event led by new CEO John Ternus since he succeeded Tim Cook on September 1. The book-style, passport-shaped device opens into a 7.6-inch display, Apple's largest ever, starts at $1,999 for the 256-gigabyte model and rises to $3,199 for 2 terabytes of storage. This makes it the most expensive iPhone Apple has ever sold, with availability set for October 23.
The iPhone Duo gives Apple Inc. (NASDAQ:AAPL) a new premium growth opportunity in a mature smartphone market. Apple entered the foldable market with the $1,999 Duo. It creates a new high-end product category within its largest hardware franchise. ******* ysts expect Apple to take a real share of the foldable market. The firm's brand strength and large installed base could help speed up use of foldable smartphones.
The Duo creates a materially different iPhone experience that could encourage upgrades and attract Android users. The device opens to a 7.6-inch display, supports side-by-side multitasking, and offers a tablet-like experience in a pocketable design. Apple also shows the Duo's ******* anium frame, custom hinge, A20 Pro chip, and Apple Intelligence features. It gives customers several reasons to pay a substantial premium for the new form factor.
The launch solidifies Apple's hardware innovation strategy under new CEO John Ternus. The Duo represents Apple's most significant iPhone redesign since the iPhone X. It gives Ternus an opportunity to reignite enthusiasm around the company's hardware portfolio. The product also expands Apple's ability to monetize its ecosystem through higher-value hardware, services, and accessories as customers spend more time using a larger, more versatile iPhone.
The $1,999 starting price could keep the Duo a niche product. Reuters reported that the global foldable market could account for less than 3% of smartphone sales in 2026. ******* ysts expect only about 6 million Duo units as Apple Inc. (NASDAQ:AAPL) enters the category. Even strong market share would turn into a relatively small contribution compared with Apple's broader iPhone business.

#iphone #aapl

On September 9, 2026, Chewy, Inc. (NYSE:CHWY) reported fiscal second-quarter net sales of $3.33 billion, up 7.3% year over year, and adjusted earnings per share of $0.36, nearly double the roughly $0.18 ******* ysts had expected, prompting the company to raise its full-year revenue and profitability outlook. CEO Sumit Singh said the broader pet market did not meaningfully recover during the quarter but also did not deteriorate further, with Chewy continuing to outperform the category by two to three times through share gains across its established and newer businesses.
Chewy, Inc. (NYSE:CHWY)'s recurring revenue base is solid. It gives the company greater visibility into future sales. Autoship sales jumped by 9.3% year over year to $2.82 billion and represented 84.6% of total net sales. The growing contribution from subscription-based purchases gives Chewy a more predictable revenue stream and reduces its exposure to fluctuations in discretionary pet spending.
Chewy is also building growth engines beyond its core retail business. Chewy Health, which includes veterinary care and pharmacy services, delivered triple-digit revenue growth. Specialty categories such as equine and exotics recorded a seventh consecutive quarter of mid-double-digit growth. These businesses give Chewy additional opportunities to increase customer spending and diversify its sources of revenue as the overall pet market matures.
Chewy is combining customer growth with stronger profitability and shareholder returns. The firm added 208,000 net active customers during the quarter. It takes its customer base to 21.7 million while returning $200 million to shareholders through share repurchases. Management also noted structural SG&A leverage, automation, and AI-driven cost reductions as contributors to margin expansion. It shows that Chewy can improve earnings while investing in customer acquisition and growth.
Part of Chewy, Inc. (NYSE:CHWY)'s profitability improvement came from benefits that may not recur. CFO Chris Deppe said the quarter's profitability upside included about $10 million from timing benefits and more than $5 million from discrete benefits. Those items boosted the latest results but do not provide a recurring earnings contribution. It means investors may need to lower their expectations for the pace of margin expansion in future quarters.

#customer

On September 9, 2026, Independence Realty Trust, Inc. (NYSE:IRT) and Centerspace announced a definitive all-stock merger agreement. It creates a combined middle-market apartment REIT with a pro forma equity market capitalization of about $5.0 billion and a total enterprise value of approximately $8.1 billion, encompassing more than 44,000 units.
The combined company will retain the Independence Realty Trust name and NYSE ticker "IRT." IRT's Scott Schaeffer continues as Chairman and CEO. The management projects the deal will be roughly 5% accretive to 2027 Core FFO per share for shareholders of both companies.
The merger gives Independence Realty Trust, Inc. (NYSE:IRT) higher scale and significantly broader geographic diversification. The combined company will own 44,354 apartment units across 163 communities in 17 states, with 58% of pro forma NOI coming from Sunbelt markets, 27% from the Midwest, and 15% from the Mountain West. The overall footprint reduces reliance on any single regional apartment market while keeping substantial exposure to markets with strong population and employment growth.
IRT can apply its existing value-creation strategy across a much larger portfolio. Its value-add renovation program has delivered about a 16% historical return on investment. The firm expects to grow its Wi-Fi initiative and other technology and income-generating programs across Centerspace's properties. Management also expects approximately $24 million in annualized synergies. It supports roughly 5% accretion to 2027 Core FFO per share on a leverage-neutral basis.
The all-stock structure allows the companies to chase greater scale without adding acquisition debt. IRT and Centerspace expect the combined company to retain BBB/BBB investment-grade credit ratings and maintain a well-laddered debt maturity profile. Centerspace shareholders will receive IRT shares and own approximately 22% of the combined company. It gives them exposure to the larger platform. Management also expects the transaction to improve access to capital markets and reduce the combined firm's cost of capital over time.

#management

On September 4, 2026, the Wall Street Journal reported that Starbucks Corporation (NASDAQ:SBUX)' longtime chai latte devotees have turned against the company's reformulated recipe, introduced in March. It reduced sweetener and shifted from a pre-made concentrate to a new base with just two grams of sugar.
Customers have signed petitions, flooded Starbucks' corporate lines, and taken to Reddit and store review sites demanding the original formula back. Starbucks says the change gives customers more control over sweetness and has introduced new variations like Mango Cream Chai and Pumpkin Cream Chai.
Starbucks Corporation (NASDAQ:SBUX)' broader turnaround remains intact despite the backlash over its chai reformulation. Global comparable sales increased 7.9% in fiscal Q3, with comparable transactions rising 4.2%. The company raised its fiscal 2026 adjusted EPS guidance to $2.55-$2.65 from $2.25-$2.45. Stronger customer traffic and higher earnings give investors evidence that one unpopular menu change has not derailed the recovery.
The chai backlash appears concentrated among loyal customers of one product rather than across Starbucks' broader customer base. The business introduced the new chai formula as part of a personalization strategy. Customers can customize sweetness and other ingredients. If Starbucks keeps transaction growth across its wider menu, the business could improve its product economics without materially damaging overall customer demand.
Starbucks is improving profitability while it executes its turnaround. Non-GAAP operating margin expanded 430 basis points year over year to 14.4% in fiscal Q3, while North America revenue increased 7% to $7.4 billion. These results give investors evidence that the company can improve margins and sales even as it experiments with its menu and customer experience.

#customer

Trip.com Group Limited (NASDAQ:TCOM) reported second-quarter 2026 net revenue of RMB15.7 billion, up 6% year over year, in results released September 15. Revenue on its international platform increased more than 50%, highlighting a promising source of expansion against slower group growth.
Trip.com Group Limited (NASDAQ:TCOM) also recognized a RMB5.2 billion antimonopoly penalty in general and administrative expenses. The investment question extends beyond that charge: can international expansion generate enough profitable growth to offset pressure on domestic monetization?
International expansion gives Trip.com Group Limited (NASDAQ:TCOM) a potential route to reducing dependence on revenue earned from domestic travel. A broader customer base could make growth less reliant on a single market's commercial practices and regulatory environment.
The opportunity is especially attractive if new customers become repeat users. Over time, repeat bookings could reduce acquisition spending per transaction and allow technology and service costs to be spread across more revenue. That would turn international scale into operating leverage, with profits growing faster than sales.
Trip.com Group Limited (NASDAQ:TCOM) also grew accommodation revenue 6% year over year despite a regulator-imposed revenue reduction. That result offers some evidence of resilience, although reservation growth and the revenue earned from those reservations remain separate considerations.

#NASDAQ

Bloom Energy Corporation (NYSE:BE) garnered significant investor attention after it unveiled a new 800V DC-native fuel-cell power architecture on September 16, designed to supply continuous direct current to the next generation of AI data centers.
These solid-oxide fuel cells can generate continuous 800V DC power natively, rather than producing AC power that then has to be converted into DC that AI computing equipment ultimately consumes. This potentially removes several conversion stages, such as transformers and switchgear, thus lowering capital cost and energy losses.
Bloom claims that its technology can cut non-compute capital expenditures for a 1 GW data center by $3.6 billion, or 27%, and lower five-year total cost of ownership by $5.5 billion, or 9%, compared to traditional AC-based infrastructure.
With this technology, Bloom Energy is targeting one of the biggest bottlenecks in the ongoing AI boom – securing large amounts of reliable power quickly and economically. If 800V DC becomes widely adopted across AI data centers, the company will benefit not only from the soaring power demand, but also from a broader shift in how that power is generated and delivered.
Bloom Energy pointed to Nvidia's planned adoption of 800V DC architecture beginning with Rubin Ultra and Kyber systems as an indication of where data center power infrastructure is heading. In its 2026 Mid-Year Data Center Power Report, Bloom claimed that data center leaders expect DC-based architectures to account for 58% of new deployments by 2030, potentially creating a significant market for technologies designed around direct-current power delivery.

#energy #architecture

A Wall Street Journal report on September 16 revealed that ExxonMobil Holdings Corporation (NYSE:XOM) is nearing a preliminary agreement with Venezuela's state-owned PDVSA, potentially marking its return to the country almost two decades after its ***** ets were nationalized. According to Reuters, Exxon has shown interest in the large Petromonagas heavy oil project in the Orinoco Belt, as well as in areas in the neighboring Carabobo block.
While the talks are still in their preliminary phase and could still fall apart or be delayed, they mark a major turnaround from Exxon's previous stance on Venezuela. The company's CEO, Darren Woods, stated in January that the country was "uninvestable" without durable investment protections, legal reforms, and changes to its hydrocarbon laws.
The development comes amid a broader push by the Trump administration to open Venezuela's oil industry to American companies and revive the country's dilapidated oil infrastructure. The South American nation is sitting on the largest proven crude oil reserves in the world, accounting for roughly 17% of the global total.
Venezuela could provide Exxon with access to an enormous resource base at a time when the company is actively seeking low-cost and long-duration ***** ets. The fields under consideration are estimated to contain more than 50 billion barrels of oil buried underground.
Exxon already holds an advantage through its previous experience in the country. Petromonagas, formerly called Cerro Negro, was once the energy firm's flagship project in Venezuela, giving it familiarity with the country's vast heavy and extra-heavy crude resources. Petromonagas also remains one of the few Venezuelan projects with an operational upgrader capable of turning the Orinoco's extra-heavy crude into lighter exportable grades.

#heavy #project

Phillips 66 (NYSE:PSX) has been on a strong rally this year, posting gains of over 110% since the beginning of 2026. The outperformance has been driven by an unusually sharp surge in global refining margins amid the war in the Middle East, which has significantly tightened the world's refining capacity and reduced supplies of gasoline, diesel, and jet fuel.
Given Phillips 66's substantial outperformance compared to the wider market, investors may be questioning whether the stock's record-setting run has reached its peak. However, the ****** ysts over at BMO Capital see further upside ahead. On September 17, the firm raised its price target on PSX from $260 to $310, while maintaining an 'Outperform' rating on the shares. The target boost implies an upside of 13% from the current levels and even exceeds the stock's all-time high of over $274 achieved earlier this month.
BMO Capital highlighted Phillips 66's integrated business model, noting that it has gained momentum and outperformed its individual segments, supported by strong execution across the portfolio. While Refining and Renewables remain the cyclical leaders, BMO also sees a favorable medium-term growth outlook for the company's Midstream business.
BMO Capital's vote of confidence comes amid a broader optimism surrounding Phillips 66, with ****** ysts from Morgan Stanley, Raymon James, UBS, and several others also improving their respective outlooks on PSX. This suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, particularly following the renewed escalations between Iran and the United States.
The supply disruptions now extend beyond the troubled region, as a recent wave of Ukrainian attacks on Russian refineries has further reduced global refining capacity and provided further support to margins.

#further #margins #amid

Definium Therapeutics, Inc. (NASDAQ:DFTX) has now delivered a third consecutive positive Phase 3 readout for its LSD-based medication, the second in generalized anxiety disorder. The result puts the company on a viable route toward a potential FDA approval of an LSD-based treatment for generalized anxiety disorder, and considering how closely psychedelic stocks have historically traded on each other's data, the reading carries far more weight than Definium's own ticker.
On September 14, Definium Therapeutics, Inc. (NASDAQ:DFTX) announced that its drug DT120, an orally disintegrating tablet formulation of LSD, was successful in Panorama, the company's second late-stage anxiety trial. Over 12 weeks, patients who received a 100-microgram dose experienced a 9.8-point decline on the Hamilton Anxiety Rating Scale, a typical clinical measure, compared to a 4.7-point drop with placebo.
The resulting 5.1-point placebo-adjusted improvement is similar to what the company's first pivotal anxiety trial, Voyage, showed back in August: an 11.6-point improvement versus 6.2 for placebo, a 5.4-point separation that Jefferies called one of the strongest placebo-adjusted efficacy results ever seen in generalized anxiety disorder, and that Stifel simply described as "a clean win."
Psychedelic equities have a history of trading as a group rather than as individual names, and this tendency applies both ways. In February 2026, when Compass Pathways, the sector's other clinical leader developing a psilocybin-based drug for treatment-resistant depression, reported positive late-stage data, shares of Definium Therapeutics, Inc. (NASDAQ:DFTX), Atai Beckley, GH Research, and Helus Pharma all rose, some by double digits.
That correlation is significant here because Definium's win is an independent validation of the broader therapeutic argument on which Compass and others are betting: a single dose of a classic psychedelic, administered in a controlled clinical setting, can produce lasting improvements in serious mental health conditions via pathways different from existing SSRIs and other standard-of-care drugs.

#definium #placebo

Elon Musk has never shied away from ambitious timelines, and his most recent one connects two companies directly together. In a post on X dated September 13, Musk stated that he is "highly confident" that **** e Exploration Technologies Corp. (NASDAQ:SPCX) will transport NVIDIA Corporation (NASDAQ:NVDA) Vera Rubin NVL72 AI computers into orbit next year, repeating a plan that has already moved both companies' stock this year.
The comment strengthens **** eX's Starmind concept, which aims to establish AI data centers in orbit rather than on the ground. The first satellite, named Starmind AI1, will carry a **** e-optimized version of NVIDIA's Vera Rubin NVL72 rack-scale system. The standard terrestrial NVL72 combines 72 Rubin GPUs and 36 Vera CPUs, although **** eX and NVIDIA have not disclosed the final configuration of the orbital version. **** e Exploration Technologies Corp. (NASDAQ:SPCX) plans to launch the satellite in the fourth quarter of 2027 and reach substantial scale by 2028. Musk's plan isn't new; during **** eX's first earnings conference as a public company in August, he stated that the company would build exclusively on NVIDIA hardware in the future, calling the Vera Rubin architecture the best available AI computer design.
Musk's central point is that **** e is, in the long run, the most cost-effective area to develop AI computing. He cites solar power availability in orbit as a crucial advantage, and estimates that within two to three years, **** e might become the lowest-cost place for AI computing in general, describing the orbital architecture as simpler, less expensive, denser, and lighter than a standard data-center rack. Not everyone believes the physics and economics will align on Musk's timeframe. Microsoft President Brad Smith has publicly questioned the broader concept, telling reporters that he would be surprised if companies actually transferred computation from land to low-Earth orbit.
For NVIDIA Corporation (NASDAQ:NVDA), the read-through is simple: **** e-based computing would represent a new, if early-stage and speculative, source of demand for its Vera Rubin platform, on top of the company's strong position in terrestrial AI infrastructure. According to some **** yst models, **** eX accounts for approximately 5% of NVIDIA's revenue.
SpaceX's reasoning is more convoluted. The plan is entirely dependent on the success of Starship, **** eX's next-generation rocket system, which still needs to demonstrate its capacity to handle launch frequency and reliability on the scale Musk describes. When Musk said during **** eX's August earnings call that the company would build its future AI infrastructure exclusively on NVIDIA, NVDA shares rose more than 4%, while **** eX's shares fell more than 10% before paring losses, reflecting investor concerns about execution risk and capital intensity, despite the fact that the NVIDIA relationship was well received.

#Companies

Marathon Petroleum Corporation (NYSE:MPC) has substantially outperformed the wider market this year, supported by an unusually sharp surge in global refining margins as the prolonged Iran crisis has significantly tightened global refining capacity and reduced supplies of gasoline, diesel, and jet fuel.
With Marathon up by over 150% since the beginning of 2026, there are now concerns that the stock may have topped out. However, the ****** ysts over at Morgan Stanley are convinced that the rally still has further room to run. On September 14, Morgan Stanley ****** yst Joe Laetsch significantly raised the firm's price target on MPC from $265 to $453, while reaffirming an 'Overweight' rating on the shares.
The target boost reflects an upside of over 9% from the current price level and even exceeds the stock's record high of just under $411 per share achieved earlier this month. The Morgan Stanley update comes amid broader Wall Street optimism surrounding the American refining giant, with ****** ysts from Raymon James, UBS, and several others also improving their respective outlooks on MPC.
Morgan Stanley's vote of confidence suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, especially given the fresh wave of attacks between Washington and Tehran. Even if the conflict in the Middle East subsides, the region's refined fuel output is expected to remain relatively tight, since the damaged or idled refineries in the Middle East are likely to take some time to return to full operations.
As the largest refiner by volume in the United States, Marathon has significant operating leverage to capitalize on the current high-margin environment. The company already demonstrated its ability to translate the high crack spreads into material earnings when it delivered an almost fourfold increase in profits in the second quarter.

#morgan #marathon #stanley #middle