1 month ago
Ondas Inc. (NASDAQ:ONDS) completed its acquisitions of GATE Technologies Ltd. and Bron Technologies on September 14, adding electronic safety and fuzing components used across precision weapons. GATE supplies the technology, while Bron provides manufacturing and certification capabilities in Poland.
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
1 month ago
On September 11, a caller praised The Boeing Company's (NYSE:BA) CEO and asked when the company would overcome the ongoing labor uncertainty and finally move beyond years of sideways stock performance. Mad Money host Jim Cramer replied:
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
I think that Boeing is ready to go up. But here's the problem. Every time crude goes up a dollar, the stock goes down a dollar. And that, think about it, that was actually the ratio. I did some work on this. And because today crude was down, Boeing went up $5... No, it's so stupid because, in truth, the airlines need more planes because the planes are more fuel-efficient. So they actually do better in this environment, but ******* ody cares. They know that airlines have to borrow money to buy planes and rates are higher, and they think that oil somehow's bad. But what ends up happening is the stock does nothing. I think it's about to go up because I think oil might be peaking unless there's some catastrophe over there.
The Boeing Company's (NYSE:BA) second-quarter results showed improving cash generation, but profitability remained weak. Revenue rose 8% year over year to $24.6 billion, while operating cash flow reached $1.4 billion and free cash flow was $631 million. Its total backlog reached a record $715 billion, including more than 6,200 commercial airplanes. CEO Kelly Ortberg said, "We're ramping up production just as we planned. That's driving higher revenues and improved cash flow." He also said there's more work ahead to ramp production, complete commercial-aircraft certifications and uphold customer commitments. Boeing said the 737-7 and 737-10 had completed flight testing, with deliveries expected to begin in 2027.
The Boeing Company's (NYSE:BA) large backlog has yet to translate into consistent commercial-aircraft profitability, leaving execution and margins as important concerns for investors. Commercial Airplanes delivered 171 aircraft in the second quarter but still posted a $322 million operating loss and a negative 2.7% operating margin. It also reported a $428 million GAAP net loss.
The balance sheet leaves less room for further setbacks. The company ended June with $45.9 billion of consolidated debt against $20 billion of cash and investments in marketable securities. The FAA certified the 737-7 on August 3, while Boeing continues working toward certification of the 737-10. First deliveries of the variants are expected in 2027. The company also recorded $280 million of losses on the VC-25B program in the quarter.
#boeing #cash #commercial
1 month ago
The Williams Companies, Inc. (NYSE:WMB) lost a key New Jersey water-quality certification for Northeast Supply Enhancement, or NESE, after a September 8 federal appeals court ruling reported by Reuters on September 9. The Third Circuit vacated the certification and returned the matter to state regulators. The Williams Companies, Inc. (NYSE:WMB) said that, at this time, it did not expect the ruling to adversely affect construction or the anticipated in-service timeline.
The project, which Reuters described as costing approximately $1 billion, expands the existing Transco network through Pennsylvania, New Jersey and New York. The Williams Companies, Inc. (NYSE:WMB) continues to target fourth-quarter 2027 service. The investment question is whether the permit review can be resolved quickly enough to protect both that schedule and the economics of the investment.
The commercial rationale rests on delivering additional gas into a constrained market. The Williams Companies, Inc. (NYSE:WMB) says demand continues to grow in areas including Brooklyn, Queens, Staten Island and Long Island. Planned capacity of approximately 400,000 dekatherms per day would expand the system's ability to serve those markets.
NESE also builds on existing infrastructure. The Williams Companies, Inc. (NYSE:WMB) plans pipeline loops, compressor work, and connections to the Transco system. Those connections give the added capacity access to an established transportation network and regional delivery points, although substantial construction remains necessary.
The remand leaves a route for reconsideration by New Jersey regulators. For The Williams Companies, Inc. (NYSE:WMB), the favorable scenario is a replacement certification that addresses the court's findings without requiring substantial redesign or disrupting the construction sequence.
#williams #NYSE #jersey #construction
The project, which Reuters described as costing approximately $1 billion, expands the existing Transco network through Pennsylvania, New Jersey and New York. The Williams Companies, Inc. (NYSE:WMB) continues to target fourth-quarter 2027 service. The investment question is whether the permit review can be resolved quickly enough to protect both that schedule and the economics of the investment.
The commercial rationale rests on delivering additional gas into a constrained market. The Williams Companies, Inc. (NYSE:WMB) says demand continues to grow in areas including Brooklyn, Queens, Staten Island and Long Island. Planned capacity of approximately 400,000 dekatherms per day would expand the system's ability to serve those markets.
NESE also builds on existing infrastructure. The Williams Companies, Inc. (NYSE:WMB) plans pipeline loops, compressor work, and connections to the Transco system. Those connections give the added capacity access to an established transportation network and regional delivery points, although substantial construction remains necessary.
The remand leaves a route for reconsideration by New Jersey regulators. For The Williams Companies, Inc. (NYSE:WMB), the favorable scenario is a replacement certification that addresses the court's findings without requiring substantial redesign or disrupting the construction sequence.
#williams #NYSE #jersey #construction
1 month ago
Tesla, Inc. (NASDAQ:TSLA) spent nearly two years raising anticipation for the Cybercab. When the time arrived on September 3 in Austin, the result was a stock that popped, then rapidly returned all of its gains, and a robotaxi race that still seems to be Alphabet's to lose.
Tesla, Inc. (NASDAQ:TSLA) had its long-awaited Cybercab launch event in Austin, Texas, but it was invitation-only, not livestreamed, and CEO Elon Musk wasn't there. The company's main public update was a 51-second video released on X of the two-seat, steering-wheel-free vehicle roaming city streets and people hailing it by app. Shares rose roughly 5% throughout the session, finishing near $376. By September 4, enthusiasm had waned, with the stock plummeting as much as 6% as investors realized how little the event revealed about deployment timelines, production ramp, or regulatory clearance.
Only 45 Cybercabs were registered in Texas, and Tesla, Inc. (NASDAQ:TSLA) did not seek an NHTSA exemption before deployment, instead self-certifying the Cybercab as compliant with applicable federal safety standards. NHTSA subsequently opened an audit into that certification and has ordered Tesla to provide additional information about the basis for its compliance claims. CNBC summarized the reaction bluntly: the update "underwhelmed" Wall Street, which had been relying on Tesla, Inc. (NASDAQ:TSLA) becoming a strong rival in the robotaxi sector, which Alphabet's Waymo currently leads.
That comparison is at the heart of the story. Waymo has established the operational track record that Tesla, Inc. (NASDAQ:TSLA) is still chasing: more than 4,000 autonomous vehicles across its U.S. fleet and more than 500,000 fully autonomous rides per week.
Wall Street's take on the incident was severely divided along those lines. Despite Tesla's efforts to control the narrative, some ******* ysts, including Gary Black of Future Fund, called the Cybercab debut largely a bust. Others, such as Deepwater ******* et Management's Gene Munster, predicted that Tesla, Inc. (NASDAQ:TSLA) will add approximately 300 Cybercabs in Austin over the next month.
#tesla #NASDAQ #cybercab
Tesla, Inc. (NASDAQ:TSLA) had its long-awaited Cybercab launch event in Austin, Texas, but it was invitation-only, not livestreamed, and CEO Elon Musk wasn't there. The company's main public update was a 51-second video released on X of the two-seat, steering-wheel-free vehicle roaming city streets and people hailing it by app. Shares rose roughly 5% throughout the session, finishing near $376. By September 4, enthusiasm had waned, with the stock plummeting as much as 6% as investors realized how little the event revealed about deployment timelines, production ramp, or regulatory clearance.
Only 45 Cybercabs were registered in Texas, and Tesla, Inc. (NASDAQ:TSLA) did not seek an NHTSA exemption before deployment, instead self-certifying the Cybercab as compliant with applicable federal safety standards. NHTSA subsequently opened an audit into that certification and has ordered Tesla to provide additional information about the basis for its compliance claims. CNBC summarized the reaction bluntly: the update "underwhelmed" Wall Street, which had been relying on Tesla, Inc. (NASDAQ:TSLA) becoming a strong rival in the robotaxi sector, which Alphabet's Waymo currently leads.
That comparison is at the heart of the story. Waymo has established the operational track record that Tesla, Inc. (NASDAQ:TSLA) is still chasing: more than 4,000 autonomous vehicles across its U.S. fleet and more than 500,000 fully autonomous rides per week.
Wall Street's take on the incident was severely divided along those lines. Despite Tesla's efforts to control the narrative, some ******* ysts, including Gary Black of Future Fund, called the Cybercab debut largely a bust. Others, such as Deepwater ******* et Management's Gene Munster, predicted that Tesla, Inc. (NASDAQ:TSLA) will add approximately 300 Cybercabs in Austin over the next month.
#tesla #NASDAQ #cybercab
1 month ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#crude #motor #case #week
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#crude #motor #case #week
1 month ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved first-ever adjusted gross profit of $1.7 million, driven by a 400% revenue increase and the realization of economies of scale at the first recycling facility.
Improved operational efficiency by reducing cash spend on operations by 16% despite a fourfold increase in throughput, demonstrating a decoupling of volume from variable costs.
Secured a zero long-term debt position while increasing the cash balance to $49.5 million, providing a stable foundation for capital-intensive expansion projects.
Advanced the Tonopah Flats Lithium Project by receiving BLM certification for the plan of operations, marking the transition from pre-NEPA to the formal NEPA permitting process.
#nepa #operations
Achieved first-ever adjusted gross profit of $1.7 million, driven by a 400% revenue increase and the realization of economies of scale at the first recycling facility.
Improved operational efficiency by reducing cash spend on operations by 16% despite a fourfold increase in throughput, demonstrating a decoupling of volume from variable costs.
Secured a zero long-term debt position while increasing the cash balance to $49.5 million, providing a stable foundation for capital-intensive expansion projects.
Advanced the Tonopah Flats Lithium Project by receiving BLM certification for the plan of operations, marking the transition from pre-NEPA to the formal NEPA permitting process.
#nepa #operations
1 month ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#costco #Stock #roughly
The oil crisis is leaking into other parts of the car. Costco, the land of big and cheap, flipped the script and doubled the price of its full-synthetic motor oil and started rationing purchases. As crude pushes toward $100 a barrel, a 10-quart case that cost roughly $30 now runs $57.99, with purchases capped at two units per member per week.
U.S. diesel crossed $6 a gallon for the first time this week, and global oil inventories have drawn down more than 500 million barrels since the U.S.-Iran conflict began. This is affecting the entire crude industrial complex.
Base oil, which is the feedstock for motor oil, comes from the same barrel as gasoline and diesel so when refiners can earn more finishing crude into fuel than into lubricants, lubricant stock gets squeezed first.
The pressure for Costco, however, is more intense: Its signature Kirkland oil carries GM's Dexos1 Gen 3 certification, which requires manufacturers to pay GM separately per product and per unit sold. As a result, and much against its brand ethos, changing your own oil with Kirkland product now costs roughly what an independent shop would charge, thus eroding the DIY savings case entirely.
#costco #Stock #roughly
1 month ago
Ocean Power Technologies Inc (NYSE-A:OPTT) reported first-quarter fiscal 2027 revenue of $1.7 million, up 44% from a year earlier, as the company expanded its work with US defense and security customers and moved forward with a strategic review process.
Ocean Power Technologies ran three PowerBuoy systems off Southern California for a U.S. Department of Homeland Security maritime domain awareness program, integrated with Anduril's Lattice platform and including a deployment beyond 1,000 meters depth, calling it the company's largest deployment and recurring revenue contract to date.
Ocean Power Technologies also deployed a PowerBuoy system off New Jersey for Rutgers University and delivered a WAM-V unmanned surface vehicle to Stevens Institute of Technology within five weeks of receiving the order.
The company demonstrated autonomous docking, charging and redeployment of a WAM-V, a capability it is working to integrate with the PowerBuoy platform to support longer autonomous missions. It also acquired subsea developmental technology ****** ets from Columbia Power Technologies, extending its capabilities from the ocean surface to the seabed.
Ocean Power Technologies achieved Cybersecurity Maturity Model Certification Level 2 compliance, positioning it to pursue defense programs requiring protection of controlled unclassified information. After the quarter ended, the company was selected as one of six potential awardees under a $40 million multiple-award contract supporting the Naval Oceanographic Office, creating an opportunity to compete for ocean-floor mapping task orders using unmanned surface vehicles.
#ocean #power #technologies #powerbuoy
Ocean Power Technologies ran three PowerBuoy systems off Southern California for a U.S. Department of Homeland Security maritime domain awareness program, integrated with Anduril's Lattice platform and including a deployment beyond 1,000 meters depth, calling it the company's largest deployment and recurring revenue contract to date.
Ocean Power Technologies also deployed a PowerBuoy system off New Jersey for Rutgers University and delivered a WAM-V unmanned surface vehicle to Stevens Institute of Technology within five weeks of receiving the order.
The company demonstrated autonomous docking, charging and redeployment of a WAM-V, a capability it is working to integrate with the PowerBuoy platform to support longer autonomous missions. It also acquired subsea developmental technology ****** ets from Columbia Power Technologies, extending its capabilities from the ocean surface to the seabed.
Ocean Power Technologies achieved Cybersecurity Maturity Model Certification Level 2 compliance, positioning it to pursue defense programs requiring protection of controlled unclassified information. After the quarter ended, the company was selected as one of six potential awardees under a $40 million multiple-award contract supporting the Naval Oceanographic Office, creating an opportunity to compete for ocean-floor mapping task orders using unmanned surface vehicles.
#ocean #power #technologies #powerbuoy
1 month ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved first-ever adjusted gross profit of $1.7 million, driven by a 400% revenue increase and the realization of economies of scale at the first recycling facility.
Improved operational efficiency by reducing cash spend on operations by 16% despite a fourfold increase in throughput, demonstrating a decoupling of volume from variable costs.
Secured a zero long-term debt position while increasing the cash balance to $49.5 million, providing a stable foundation for capital-intensive expansion projects.
Advanced the Tonopah Flats Lithium Project by receiving BLM certification for the plan of operations, marking the transition from pre-NEPA to the formal NEPA permitting process.
#cash
Achieved first-ever adjusted gross profit of $1.7 million, driven by a 400% revenue increase and the realization of economies of scale at the first recycling facility.
Improved operational efficiency by reducing cash spend on operations by 16% despite a fourfold increase in throughput, demonstrating a decoupling of volume from variable costs.
Secured a zero long-term debt position while increasing the cash balance to $49.5 million, providing a stable foundation for capital-intensive expansion projects.
Advanced the Tonopah Flats Lithium Project by receiving BLM certification for the plan of operations, marking the transition from pre-NEPA to the formal NEPA permitting process.
#cash
1 month ago
On August 6, PureCycle Technologies (NASDAQ:PCT) reported second-quarter results for the period ended June 30, and buried in the numbers was something the plastics recycler has chased for years: an actual branded product on store shelves. Select Downy detergent caps made with PureCycle's PureFive resin entered commercial production for Procter & Gamble during the quarter, the first tangible sign the company's purification technology can clear a major consumer brand's supply chain. Revenue came in at $4.5 million, up roughly 173% from a year earlier and the sixth straight quarter of sequential growth.
The Downy win was not an isolated event. PureCycle said select Tide caps are scheduled for retail production in the third quarter, with Vicks ZzzQuil PURE Zzzs child-resistant lids targeted for the fourth quarter of 2026. Seven customer conversions took place during the quarter, alongside six new commercial partnerships spanning closures, automotive, film, and food packaging, including Amcor, Motherson, and Innovia Films. Regulation is doing real work here too. New Jersey's Department of Environmental Protection approved PureFive as post-consumer recycled content, a decision that arrives as the state's food contact exemption expires in January 2027 and its recycled content requirement climbs to 20%, while California's SB54 is already in effect.
Operationally, the Ironton facility's planned turnaround finished ahead of schedule and under budget, with more than 170 reliability and rate projects completed and inspections showing no corrosion on major equipment. On-site compounding, commissioned in April, is now running 24 hours a day, five days a week, with plans to expand to seven by the fourth quarter. PureCycle also picked up ISO 9001:2015 certification in May and closed the quarter with $236.9 million in total liquidity after a June capital raise.
The other side of the ledger is harder to ignore. PureCycle posted a net loss of $142.2 million for the quarter, and adjusted EBITDA actually widened to a loss of $31.7 million from a loss of $27.8 million a year earlier, a shift the company attributes to smaller non-cash addbacks rather than weaker operations. PureFive production fell to 4.5 million pounds for the quarter, a direct result of the planned turnaround, even though output was still up about 32% from a year ago. Growth is not coming cheap either. Full-year 2026 project spending guidance was raised to a range of $45 million to $50 million, up from the prior $39 million to $45 million.
#year #loss
The Downy win was not an isolated event. PureCycle said select Tide caps are scheduled for retail production in the third quarter, with Vicks ZzzQuil PURE Zzzs child-resistant lids targeted for the fourth quarter of 2026. Seven customer conversions took place during the quarter, alongside six new commercial partnerships spanning closures, automotive, film, and food packaging, including Amcor, Motherson, and Innovia Films. Regulation is doing real work here too. New Jersey's Department of Environmental Protection approved PureFive as post-consumer recycled content, a decision that arrives as the state's food contact exemption expires in January 2027 and its recycled content requirement climbs to 20%, while California's SB54 is already in effect.
Operationally, the Ironton facility's planned turnaround finished ahead of schedule and under budget, with more than 170 reliability and rate projects completed and inspections showing no corrosion on major equipment. On-site compounding, commissioned in April, is now running 24 hours a day, five days a week, with plans to expand to seven by the fourth quarter. PureCycle also picked up ISO 9001:2015 certification in May and closed the quarter with $236.9 million in total liquidity after a June capital raise.
The other side of the ledger is harder to ignore. PureCycle posted a net loss of $142.2 million for the quarter, and adjusted EBITDA actually widened to a loss of $31.7 million from a loss of $27.8 million a year earlier, a shift the company attributes to smaller non-cash addbacks rather than weaker operations. PureFive production fell to 4.5 million pounds for the quarter, a direct result of the planned turnaround, even though output was still up about 32% from a year ago. Growth is not coming cheap either. Full-year 2026 project spending guidance was raised to a range of $45 million to $50 million, up from the prior $39 million to $45 million.
#year #loss
1 month ago
Costco has raised the price of its Kirkland Signature full-synthetic motor oil and begun limiting how much any one member can purchase, as a global lubricant shortage tied to the ongoing Middle East conflict pushes crude oil toward $100 a barrel.
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
1 month ago
Nkechi Diallo, the disgraced former NAACP official, formerly known as Rachel Dolezal, is embarking on a new career as a ******* coach.
Diallo shared the news on Instagram on Saturday (September 12), writing, "I'm thrilled to share that I've graduated from the ******* ology Institute's 300+ hour certification program — and that Bandwidth, my online intimacy and relationship coaching practice, is officially open!"
"This work is personal," she continued. "As a single mom of three boys, I know what hypervigilance, burnout, and carrying the mental load do to connection — and I believe joy, closeness, and aliveness in your body aren't luxuries. They're capacities we can design, develop, and expand.
Alongside the caption, Diallo shared a video slideshow of herself in her graduation cap and gown, holding a desk nameplate that read, "Certified ******* Coach."
View this post on Instagram
#nkechi #rachel #saturday
Diallo shared the news on Instagram on Saturday (September 12), writing, "I'm thrilled to share that I've graduated from the ******* ology Institute's 300+ hour certification program — and that Bandwidth, my online intimacy and relationship coaching practice, is officially open!"
"This work is personal," she continued. "As a single mom of three boys, I know what hypervigilance, burnout, and carrying the mental load do to connection — and I believe joy, closeness, and aliveness in your body aren't luxuries. They're capacities we can design, develop, and expand.
Alongside the caption, Diallo shared a video slideshow of herself in her graduation cap and gown, holding a desk nameplate that read, "Certified ******* Coach."
View this post on Instagram
#nkechi #rachel #saturday
2 months ago
By Sai Ishwarbharath B and Abhirami G
BENGALURU, Sept 10 (Reuters) - Wipro's AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed within the Indian IT firm, its chief technology officer said.
The comments come as India's $315 billion software services industry grapples with adoption of AI, which is reshaping hiring, software development and contracts.
Wipro, with about 243,000 employees in June, is shifting to a "human-AI operating model," with more than 100,000 employees receiving advanced AI-related training and certifications, Sandhya Arun said in an interview.
"It could be the same engineer managing a bunch of agents, deployed on other projects or being trained for some other role. It doesn't necessarily mean person-to-person replacement by an agent."
#employees #ishwarbharath
BENGALURU, Sept 10 (Reuters) - Wipro's AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed within the Indian IT firm, its chief technology officer said.
The comments come as India's $315 billion software services industry grapples with adoption of AI, which is reshaping hiring, software development and contracts.
Wipro, with about 243,000 employees in June, is shifting to a "human-AI operating model," with more than 100,000 employees receiving advanced AI-related training and certifications, Sandhya Arun said in an interview.
"It could be the same engineer managing a bunch of agents, deployed on other projects or being trained for some other role. It doesn't necessarily mean person-to-person replacement by an agent."
#employees #ishwarbharath
2 months ago
Intel Corporation (NASDAQ:INTC) and ASML Holding N.V. (NASDAQ: ASML) have recently provided fresh evidence that High-NA EUV lithography is advancing in commercial manufacturing. At the SPIE Photomask Technology + Extreme Ultraviolet Lithography conference, the two companies announced several updates related to this technology and next-generation chip production.
While the update offers evidence of High-NA's manufacturing readiness, Intel faces a financial test about whether production improvements translate into better foundry returns. For ASML, it is whether greater manufacturing readiness ultimately leads to broader customer adoption and demand.
According to the companies, more than one million wafers have now been processed using High-NA EUV across early tool certification and testing, research and development efforts, and volume production on select layers for a subset of Intel® Core™ Ultra Series 3 processors, code-named Panther Lake.
The products that have been manufactured on Intel 18A using High NA for select layers continue to deliver performance, the companies noted, meeting or exceeding comparable layers patterned using the NXE platform.
This offers Intel early production experience with the technology. Back in July, ASML noted how Intel was the first company to ship a high-volume logic product manufactured using ASML's High NA EUV lithography technology.
#Intel #asml #technology #production
While the update offers evidence of High-NA's manufacturing readiness, Intel faces a financial test about whether production improvements translate into better foundry returns. For ASML, it is whether greater manufacturing readiness ultimately leads to broader customer adoption and demand.
According to the companies, more than one million wafers have now been processed using High-NA EUV across early tool certification and testing, research and development efforts, and volume production on select layers for a subset of Intel® Core™ Ultra Series 3 processors, code-named Panther Lake.
The products that have been manufactured on Intel 18A using High NA for select layers continue to deliver performance, the companies noted, meeting or exceeding comparable layers patterned using the NXE platform.
This offers Intel early production experience with the technology. Back in July, ASML noted how Intel was the first company to ship a high-volume logic product manufactured using ASML's High NA EUV lithography technology.
#Intel #asml #technology #production
2 months ago
JAKARTA, Sept 8 (Reuters) - The Indonesian agency responsible for the country's free meals programme has temporarily closed nearly 2,000 kitchens for failing to register for hygiene checks, its chief said.
Here are some details:
• The National Nutrition Agency suspended 1,999 kitchens across Indonesia because they did not register with the health ministry to undergo mandatory hygiene and sanitation certifications, agency chief Sudaryono said on Monday.
• There are currently 27,022 kitchens distributing free meals across Indonesia as of September 7, he added.
• "The hygiene and sanitation certification is a mandatory requirement for operating kitchens that provide the free meals programme," said Sudaryono, who goes by only one name.
#programme
Here are some details:
• The National Nutrition Agency suspended 1,999 kitchens across Indonesia because they did not register with the health ministry to undergo mandatory hygiene and sanitation certifications, agency chief Sudaryono said on Monday.
• There are currently 27,022 kitchens distributing free meals across Indonesia as of September 7, he added.
• "The hygiene and sanitation certification is a mandatory requirement for operating kitchens that provide the free meals programme," said Sudaryono, who goes by only one name.
#programme
2 months ago
Encountering some rough seas earlier this summer, shares of The Metals Company (NASDAQ: TMC) sank 19.6% in July. Last month, however, the deep-sea mining specialist found calmer waters -- and its stock thrived as investors celebrated the company's reporting of second-quarter 2026 financial results. Plus, an ***** yst's bullish take on the stock provided a catalyst at the end of the month, propelling shares higher.
According to data provided by S&P Global Market Intelligence, shares of The Metals Company rose 34% in August.
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 »
Announcing Q2 2026 financial results on Aug. 13, The Metals Company reported earnings per share (EPS) of negative $0.14 -- a slimmer loss than the $0.20 it reported during the same period in 2025.
In the press release accompanying the Q2 2026 financial results, Gerard Barron, the company's CEO, reassured investors that The Metals Company is advancing steadily toward achieving the necessary certifications. Barron stated, "The regulatory picture is becoming clearer as our applications continue to progress through NOAA's [National Oceanic and Atmospheric Administration] review process." Moreover, Barron commented that despite encountering some delays, the company remains "confident that the permit will arrive well in advance of offshore vessel commissioning by the end of 2027, which we believe remains the critical path for production start."
#metals #barron #financial #flashing
According to data provided by S&P Global Market Intelligence, shares of The Metals Company rose 34% in August.
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 »
Announcing Q2 2026 financial results on Aug. 13, The Metals Company reported earnings per share (EPS) of negative $0.14 -- a slimmer loss than the $0.20 it reported during the same period in 2025.
In the press release accompanying the Q2 2026 financial results, Gerard Barron, the company's CEO, reassured investors that The Metals Company is advancing steadily toward achieving the necessary certifications. Barron stated, "The regulatory picture is becoming clearer as our applications continue to progress through NOAA's [National Oceanic and Atmospheric Administration] review process." Moreover, Barron commented that despite encountering some delays, the company remains "confident that the permit will arrive well in advance of offshore vessel commissioning by the end of 2027, which we believe remains the critical path for production start."
#metals #barron #financial #flashing
2 months ago
Artificial intelligence (AI) has turned infrastructure into the hottest corner of enterprise tech, and companies now want more than faster chips. They need networking, cloud software, and systems that actually work together. That puts Broadcom (AVGO) in a sweet spot, with its AI semiconductors on one side and VMware strengthening its enterprise software business on the other.
So, Monday, Aug. 31, deserves a spot on the calendar. VMware Explore 2026 is kicking off in Las Vegas with 400-plus technical sessions, hands-on labs, and certifications around VMware Cloud Foundation. Broadcom and its customers will also showcase private AI clouds and agentic AI, giving enterprises a closer look at where VMware is headed.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#vmware #Stock #fans #software
So, Monday, Aug. 31, deserves a spot on the calendar. VMware Explore 2026 is kicking off in Las Vegas with 400-plus technical sessions, hands-on labs, and certifications around VMware Cloud Foundation. Broadcom and its customers will also showcase private AI clouds and agentic AI, giving enterprises a closer look at where VMware is headed.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#vmware #Stock #fans #software
2 months ago
How can I find a certified financial planner (CFP) who is not **** ociated with a brokerage house? I want truly independent advice and not steered toward selling me securities. I especially want tax advice. Everyone I have called turned out to be **** ociated with a brokerage house.
-Anonymous
This question shows that you're definitely on the right track toward finding a financial advisor who will put your needs first.
There's no surefire way of finding the right fit, but there are a few important filters you can use to increase your odds. (Looking for financial advice? This tool can help match you with potential advisors.)
Why the CFP Certification Matters
#financial #House #right #finding
-Anonymous
This question shows that you're definitely on the right track toward finding a financial advisor who will put your needs first.
There's no surefire way of finding the right fit, but there are a few important filters you can use to increase your odds. (Looking for financial advice? This tool can help match you with potential advisors.)
Why the CFP Certification Matters
#financial #House #right #finding
2 months ago
(This Aug 27 story has been republished, with no changes to text.)
By Kanishka Singh
WASHINGTON, Aug 27 (Reuters) - President Donald Trump's administration has issued a memo for universities that seeks to restrict issuance of certain internship work authorizations for international students as the federal government warned that colleges not complying with the regulations may lose certification to enroll foreign students.
The federal memo dated August 24 said the Student and Exchange Visitor Program, which is part of the U.S. Immigration and Customs Enforcement agency, has "observed a rise in Curricular Practical Training (CPT) authorizations that appear to violate regulatory requirements which permit CPT only where the training is an integral part of an established curriculum."
"Failure to comply with SEVP regulations may result in an institution losing certification to enroll foreign students," the memo said.
#federal #certification #part
By Kanishka Singh
WASHINGTON, Aug 27 (Reuters) - President Donald Trump's administration has issued a memo for universities that seeks to restrict issuance of certain internship work authorizations for international students as the federal government warned that colleges not complying with the regulations may lose certification to enroll foreign students.
The federal memo dated August 24 said the Student and Exchange Visitor Program, which is part of the U.S. Immigration and Customs Enforcement agency, has "observed a rise in Curricular Practical Training (CPT) authorizations that appear to violate regulatory requirements which permit CPT only where the training is an integral part of an established curriculum."
"Failure to comply with SEVP regulations may result in an institution losing certification to enroll foreign students," the memo said.
#federal #certification #part
2 months ago
On August 11, Vestis (NYSE:VSTS) reported fiscal third-quarter results that mark a turning point for a company that has spent its short public life trying to prove its uniform and workplace supply business can actually get more profitable, not just bigger. Adjusted EBITDA climbed to about $81 million, up roughly $15 million or 23% year over year, and for the first time since the company separated from Aramark, revenue per pound rose instead of fell. That single shift, small as it sounds, is the thread running through the entire quarter.
The headline number is revenue per pound, which reached $1.42 in the quarter, up $0.04 year over year and $0.05 sequentially. Management framed this as the first year-over-year increase in that metric since Vestis became a public company, driven by disciplined pricing, better customer segmentation, and a deliberate shift away from lower-margin linen volume, which fell 6% year over year on a pounds-processed basis. Vestis also let go of about 22 million pounds of volume that carried an average revenue per pound of just $0.55, meaning the business got smaller but higher quality at the same time.
Cost of services dropped about $15 million year over year, and SG&A fell roughly $7 million, or about 6%, while cost per pound held flat at $1.24 even as the company exited unprofitable business. Plant productivity rose 9% year over year, on-time delivery improved 80 basis points, and customer complaints fell 74 basis points, evidence that the operational cleanup is showing up in day-to-day service, not just the income statement. Net income swung to $11 million from a $0.7 million loss a year earlier, and the company raised its full-year free cash flow guidance to a range of $160 million to $170 million, up from $120 million to $150 million previously.
The improvement comes against a backdrop that still looks shaky in places. Total revenue for the quarter was about $662 million, down 1.8% year over year, and pounds processed fell 4.5% as Vestis kept shedding volume it didn't want. Net debt stood at $1.2 billion at quarter-end, with $1.1 billion of principal bank debt outstanding, and the company used quarterly cash flow to pay down just $30 million of term loan debt.
Management also acknowledged that the operational playbook it has been running is not producing uniform results, describing a meaningful gap between its strongest and weakest markets that it now plans to address with more customized, market-by-market execution rather than a one-size-fits-all approach. Full-year revenue guidance remains flat to down 2%, and the company disclosed it is accruing a management incentive bonus for the first time at this level since going public, a cost that is already embedded in guidance but still subject to year-end certification. None of this derails the quarter's progress, but it is a reminder that Vestis is still mid-turnaround, not finished with it.
#quarter
The headline number is revenue per pound, which reached $1.42 in the quarter, up $0.04 year over year and $0.05 sequentially. Management framed this as the first year-over-year increase in that metric since Vestis became a public company, driven by disciplined pricing, better customer segmentation, and a deliberate shift away from lower-margin linen volume, which fell 6% year over year on a pounds-processed basis. Vestis also let go of about 22 million pounds of volume that carried an average revenue per pound of just $0.55, meaning the business got smaller but higher quality at the same time.
Cost of services dropped about $15 million year over year, and SG&A fell roughly $7 million, or about 6%, while cost per pound held flat at $1.24 even as the company exited unprofitable business. Plant productivity rose 9% year over year, on-time delivery improved 80 basis points, and customer complaints fell 74 basis points, evidence that the operational cleanup is showing up in day-to-day service, not just the income statement. Net income swung to $11 million from a $0.7 million loss a year earlier, and the company raised its full-year free cash flow guidance to a range of $160 million to $170 million, up from $120 million to $150 million previously.
The improvement comes against a backdrop that still looks shaky in places. Total revenue for the quarter was about $662 million, down 1.8% year over year, and pounds processed fell 4.5% as Vestis kept shedding volume it didn't want. Net debt stood at $1.2 billion at quarter-end, with $1.1 billion of principal bank debt outstanding, and the company used quarterly cash flow to pay down just $30 million of term loan debt.
Management also acknowledged that the operational playbook it has been running is not producing uniform results, describing a meaningful gap between its strongest and weakest markets that it now plans to address with more customized, market-by-market execution rather than a one-size-fits-all approach. Full-year revenue guidance remains flat to down 2%, and the company disclosed it is accruing a management incentive bonus for the first time at this level since going public, a cost that is already embedded in guidance but still subject to year-end certification. None of this derails the quarter's progress, but it is a reminder that Vestis is still mid-turnaround, not finished with it.
#quarter
2 months ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Outreach to small businesses looking to bid on public jobs has only gotten easier, says Teresa Maxwell.
The DBE compliance officer for Skanska Civil's West region got her start as a receptionist, when paper and snail mail was the common practice for contacting potential subcontractors.
Now, Maxwell says the systems Skanska has in place for its in-house diverse business enterprise outreach program — not to be confused with the Department of Transportation's Disadvantaged Business Enterprise program — better enabled it to hit small business contracting goals on a $380 million Los Angeles International Airport project.
Here, Maxwell talks with Construction Dive about hitting goals on the Los Angeles World Airports Roadways, Utilities and Enabling job, the state of small business outreach and the impact of evolving federal certifications.
#maxwell #outreach #angeles #daily
Outreach to small businesses looking to bid on public jobs has only gotten easier, says Teresa Maxwell.
The DBE compliance officer for Skanska Civil's West region got her start as a receptionist, when paper and snail mail was the common practice for contacting potential subcontractors.
Now, Maxwell says the systems Skanska has in place for its in-house diverse business enterprise outreach program — not to be confused with the Department of Transportation's Disadvantaged Business Enterprise program — better enabled it to hit small business contracting goals on a $380 million Los Angeles International Airport project.
Here, Maxwell talks with Construction Dive about hitting goals on the Los Angeles World Airports Roadways, Utilities and Enabling job, the state of small business outreach and the impact of evolving federal certifications.
#maxwell #outreach #angeles #daily
2 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Revenue outperformance was primarily driven by strong execution in the Drone segment, which offset softer results in Avionics and Training.
The RQ-35 drone achieved Blue UAS certification, a critical milestone that validates the platform's security and opens U.S. defense procurement channels.
Management is actively pivoting the company's focus toward unmanned systems, citing limited synergies between the capital-intensive Training segment and core drone operations.
Development costs for the JC250 and JX250 platforms are running low double-digits below expectations due to shared foundations and efficient R&D execution.
#training #NVIDIA
Revenue outperformance was primarily driven by strong execution in the Drone segment, which offset softer results in Avionics and Training.
The RQ-35 drone achieved Blue UAS certification, a critical milestone that validates the platform's security and opens U.S. defense procurement channels.
Management is actively pivoting the company's focus toward unmanned systems, citing limited synergies between the capital-intensive Training segment and core drone operations.
Development costs for the JC250 and JX250 platforms are running low double-digits below expectations due to shared foundations and efficient R&D execution.
#training #NVIDIA
3 months ago
Interested in Loar Holdings Inc.? Here are five stocks we like better.
Record quarter: Loar's second-quarter sales rose 17% year over year to $172 million, while adjusted EBITDA margin expanded 220 basis points to a record 40.5%. Commercial OEM sales led growth, increasing 28%, supported by stronger Boeing and Airbus demand.
Raised 2026 outlook: The company now expects $665 million-$675 million in sales, $265 million-$270 million in adjusted EBITDA and adjusted EPS of $1.32-$1.36, with no additional acquisitions ******* umed.
Strong growth pipeline: Loar's organic business pipeline reached approximately $750 million over the next five years, including $200 million of opportunities already secured through certifications, qualifications or purchase orders. Recent acquisitions Beadlight, LMB and Harper are performing ahead of expectations.
Archer or Joby: Which Aviation Company Might Rise Fastest?
#quarter
Record quarter: Loar's second-quarter sales rose 17% year over year to $172 million, while adjusted EBITDA margin expanded 220 basis points to a record 40.5%. Commercial OEM sales led growth, increasing 28%, supported by stronger Boeing and Airbus demand.
Raised 2026 outlook: The company now expects $665 million-$675 million in sales, $265 million-$270 million in adjusted EBITDA and adjusted EPS of $1.32-$1.36, with no additional acquisitions ******* umed.
Strong growth pipeline: Loar's organic business pipeline reached approximately $750 million over the next five years, including $200 million of opportunities already secured through certifications, qualifications or purchase orders. Recent acquisitions Beadlight, LMB and Harper are performing ahead of expectations.
Archer or Joby: Which Aviation Company Might Rise Fastest?
#quarter
3 months ago
Download the Complete Report Here
Key Takeaways:
International medical cannabis revenue increased 17% to C$43.3 million in 1Q FY27, reinforcing ACB's leadership across global medical markets.
Adjusted gross margin reached 58%, the high end of FY27 guidance, despite the full initial impact of the ~30% Canadian reimbursement cut.
Safari contributed positively to adjusted EBITDA in its first quarter, while three-year EU-GMP certification expands internal supply for high-margin international markets.
#markets
Key Takeaways:
International medical cannabis revenue increased 17% to C$43.3 million in 1Q FY27, reinforcing ACB's leadership across global medical markets.
Adjusted gross margin reached 58%, the high end of FY27 guidance, despite the full initial impact of the ~30% Canadian reimbursement cut.
Safari contributed positively to adjusted EBITDA in its first quarter, while three-year EU-GMP certification expands internal supply for high-margin international markets.
#markets
3 months ago
Download the Complete Report Here
Key Takeaways:
International medical cannabis revenue increased 17% to C$43.3 million in 1Q FY27, reinforcing ACB's leadership across global medical markets.
Adjusted gross margin reached 58%, the high end of FY27 guidance, despite the full initial impact of the ~30% Canadian reimbursement cut.
Safari contributed positively to adjusted EBITDA in its first quarter, while three-year EU-GMP certification expands internal supply for high-margin international markets.
#adjusted #markets #download
Key Takeaways:
International medical cannabis revenue increased 17% to C$43.3 million in 1Q FY27, reinforcing ACB's leadership across global medical markets.
Adjusted gross margin reached 58%, the high end of FY27 guidance, despite the full initial impact of the ~30% Canadian reimbursement cut.
Safari contributed positively to adjusted EBITDA in its first quarter, while three-year EU-GMP certification expands internal supply for high-margin international markets.
#adjusted #markets #download
3 months ago
Isuzu offers veterans a 12-month paid apprenticeship leading to technician certification, open to those with 3+ years of military maintenance experience.
Apprenticeship wages count toward Social Security's retirement earnings test, but GI Bill housing allowances, VA disability pay, and military pensions do not.
Veterans under full retirement age can earn up to $24,480 in 2026 before Social Security withholds $1 for every $2 above that limit.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Picture a Navy or Army veteran in his early sixties. His last uniform came off years ago, he still knows his way around an engine, and he just saw Isuzu's apprenticeship announcement: 12 months of paid, full-time work at a participating dealership leading to technician certification. The program is open to honorably discharged veterans and reservists with at least three years of military maintenance or technical-repair experience. If he qualifies, the Post-9/11 GI Bill can layer a monthly housing allowance on top of the paycheck. It looks like a clean second act.
#Veterans #apprenticeship #years #paid
Apprenticeship wages count toward Social Security's retirement earnings test, but GI Bill housing allowances, VA disability pay, and military pensions do not.
Veterans under full retirement age can earn up to $24,480 in 2026 before Social Security withholds $1 for every $2 above that limit.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Picture a Navy or Army veteran in his early sixties. His last uniform came off years ago, he still knows his way around an engine, and he just saw Isuzu's apprenticeship announcement: 12 months of paid, full-time work at a participating dealership leading to technician certification. The program is open to honorably discharged veterans and reservists with at least three years of military maintenance or technical-repair experience. If he qualifies, the Post-9/11 GI Bill can layer a monthly housing allowance on top of the paycheck. It looks like a clean second act.
#Veterans #apprenticeship #years #paid
3 months ago
A federal judge in Colorado granted a class-wide preliminary injunction on Friday requiring the NCAA to restore eligibility to all Division I athletes from the high school class of 2022 who finished up their four years this past spring.
The decision by Judge Charlotte Sweeney of the U.S. District Court of Colorado was reported by Boise State ***** ociate professor Sam Ehrlich. The injunction grants a class certification and a temporary restraining order to plaintiffs who qualify as stated:
"All persons in the United States who began to play in collegiate sports in the 2022-2023 season, competed in NCAA Division I sports, and completed four years of eligibility as defined by the NCAA's prior rules by the conclusion of the 2025-2026 season, and are therefore barred from playing a fifth season due to the NCAA's adoption and immediate implementation of the Five-Year Eligibility Rule."
Judge Sweeney's ruling is in response to a class-action lawsuit filed by 11 Division I athletes, including Minnesota men's college basketball player Cade Tyson, that challenged the NCAA approving an age-based, five-year eligibility model that allowed four seasons of eligibility over five years with no age restrictions. The model would eliminate redshirts and waivers.
In a statement released after Judge Sweeney's ruling was reported, NCAA president Charlie Baker disagreed with the ruling, saying Congress passing the Protect College Sports Act was necessary and suddenly restoring eligibility to an entire class would result in "chaos."
#eligibility #ncaa #five #season
The decision by Judge Charlotte Sweeney of the U.S. District Court of Colorado was reported by Boise State ***** ociate professor Sam Ehrlich. The injunction grants a class certification and a temporary restraining order to plaintiffs who qualify as stated:
"All persons in the United States who began to play in collegiate sports in the 2022-2023 season, competed in NCAA Division I sports, and completed four years of eligibility as defined by the NCAA's prior rules by the conclusion of the 2025-2026 season, and are therefore barred from playing a fifth season due to the NCAA's adoption and immediate implementation of the Five-Year Eligibility Rule."
Judge Sweeney's ruling is in response to a class-action lawsuit filed by 11 Division I athletes, including Minnesota men's college basketball player Cade Tyson, that challenged the NCAA approving an age-based, five-year eligibility model that allowed four seasons of eligibility over five years with no age restrictions. The model would eliminate redshirts and waivers.
In a statement released after Judge Sweeney's ruling was reported, NCAA president Charlie Baker disagreed with the ruling, saying Congress passing the Protect College Sports Act was necessary and suddenly restoring eligibility to an entire class would result in "chaos."
#eligibility #ncaa #five #season
3 months ago
Nottingham Forest have moved quickly in the market after the collapse of Inter Milan's deal for Anan Khalaili, with TeamTalk reporting that talks are already under way for the Union Saint-Gilloise wide player.
There is a clear opportunity here for Forest. Inter had appeared to be closing in on the 21-year-old after agreeing a package worth €30 million, £25.7m, made up of an initial €25 million, £21.5m, plus €5 million in add-ons. Khalaili had even completed the club's internal medical process. But the move was stopped at the mandatory cardiac screening stage in Italy, where the required certification was not granted.
That development has changed the landscape and Forest have reacted. TeamTalk state that an opening bid of €20 million, £17m, has already been rejected by Union SG, who remain hopeful of receiving a figure much nearer to the guaranteed sum Inter had lined up. Negotiations, though, are ongoing, and that is the significant point.
Khalaili is understood to appeal strongly because of his flexibility. He is comfortable at left-back, wing-back and in more advanced wide areas, which naturally increases his value to a head coach looking for options across several roles.
Forest are said to view him as someone who can strengthen multiple parts of Oliver Glasner's squad. In a market where adaptability often dictates recruitment decisions, that sort of profile is attractive. It also explains why several Premier League clubs had tracked him previously, including Aston Villa, Brighton, Everton and Leeds United.
#union
There is a clear opportunity here for Forest. Inter had appeared to be closing in on the 21-year-old after agreeing a package worth €30 million, £25.7m, made up of an initial €25 million, £21.5m, plus €5 million in add-ons. Khalaili had even completed the club's internal medical process. But the move was stopped at the mandatory cardiac screening stage in Italy, where the required certification was not granted.
That development has changed the landscape and Forest have reacted. TeamTalk state that an opening bid of €20 million, £17m, has already been rejected by Union SG, who remain hopeful of receiving a figure much nearer to the guaranteed sum Inter had lined up. Negotiations, though, are ongoing, and that is the significant point.
Khalaili is understood to appeal strongly because of his flexibility. He is comfortable at left-back, wing-back and in more advanced wide areas, which naturally increases his value to a head coach looking for options across several roles.
Forest are said to view him as someone who can strengthen multiple parts of Oliver Glasner's squad. In a market where adaptability often dictates recruitment decisions, that sort of profile is attractive. It also explains why several Premier League clubs had tracked him previously, including Aston Villa, Brighton, Everton and Leeds United.
#union
3 months ago
Interested in Archer Aviation Inc.? Here are five stocks we like better.
Archer Aviation and Anduril unveiled Thunder, a hybrid-electric autonomous rotorcraft aimed at defense applications.
The defense pivot could give Archer a second path beyond the slower regulatory timeline for civilian air taxis.
Archer still faces heavy cash burn, certification risk and a long commercialization runway despite its strong liquidity position.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
#here
Archer Aviation and Anduril unveiled Thunder, a hybrid-electric autonomous rotorcraft aimed at defense applications.
The defense pivot could give Archer a second path beyond the slower regulatory timeline for civilian air taxis.
Archer still faces heavy cash burn, certification risk and a long commercialization runway despite its strong liquidity position.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
#here
3 months ago
If you thought Archer Aviation (NYSE:ACHR) was only building flying taxis, you might want to think again.
On July 20, Archer and defense company Anduril unveiled an autonomous VTOL aircraft platform, with a defense variant, "Thunder", also introduced. Since late 2024, both companies have been jointly developing technology for the vertical takeoff and landing (VTOL) sector. While "Thunder" is a defense variant, Archer says it will announce the platform's first commercial customers later this week.
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 »
The importance of this platform for Archer cannot be overstated. The company is not generating meaningful revenue, and Midnight, its flagship electric vertical takeoff and landing (eVTOL) aircraft, still lacks FAA type certification. If, however, it can turn the Anduril platform into firm orders, it could create a path to meaningful revenue while Midnight continues working through the certification process.
Archer stock jumped roughly 20% on the news, which puts it roughly 30% lower on the year. If you've been waiting for a reason to buy this beaten-down aviation stock, let's take a closer look to see if now is the time to jump in.
#company #platform #vtol #thunder
On July 20, Archer and defense company Anduril unveiled an autonomous VTOL aircraft platform, with a defense variant, "Thunder", also introduced. Since late 2024, both companies have been jointly developing technology for the vertical takeoff and landing (VTOL) sector. While "Thunder" is a defense variant, Archer says it will announce the platform's first commercial customers later this week.
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The importance of this platform for Archer cannot be overstated. The company is not generating meaningful revenue, and Midnight, its flagship electric vertical takeoff and landing (eVTOL) aircraft, still lacks FAA type certification. If, however, it can turn the Anduril platform into firm orders, it could create a path to meaningful revenue while Midnight continues working through the certification process.
Archer stock jumped roughly 20% on the news, which puts it roughly 30% lower on the year. If you've been waiting for a reason to buy this beaten-down aviation stock, let's take a closer look to see if now is the time to jump in.
#company #platform #vtol #thunder
