52 mins. ago
Football season is on the horizon, and for the Oklahoma Sooners, it starts on a Friday.
Norman Public Schools and the University of Oklahoma already announced in-person class closures for that day due to expected heavy traffic, so it's safe to say anyone going to the game may want to plan ahead.
OU released a new game day driving maps and recommended protocols to improve traffic flow in Norman, particularly around the stadium. The map was developed alongside the Norman and OU police departments.
The map shows preferred routes to multiple parking lots and road closures.
Here is what OU recommends fans do to avoid delays and reduce stress.
#closures #schools
Norman Public Schools and the University of Oklahoma already announced in-person class closures for that day due to expected heavy traffic, so it's safe to say anyone going to the game may want to plan ahead.
OU released a new game day driving maps and recommended protocols to improve traffic flow in Norman, particularly around the stadium. The map was developed alongside the Norman and OU police departments.
The map shows preferred routes to multiple parking lots and road closures.
Here is what OU recommends fans do to avoid delays and reduce stress.
#closures #schools
10 hours 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 seven consecutive quarters of positive cash from operations, signaling a successful transition from business stabilization to a foundation for sustainable growth.
Performance was driven largely by Supercuts, which delivered 3% same-store sales growth for the full year, marking its fifth consecutive year of growth.
Management attributed the 7.3% decline in fourth-quarter total revenue to lower non-margin franchise rental income as franchisees transitioned to independent leases.
The decline in franchise salon count was mitigated by the fact that closures were predominantly lower-volume locations with an average unit volume of $136,000, significantly below the top-quartile average.
#year #NVIDIA
Achieved seven consecutive quarters of positive cash from operations, signaling a successful transition from business stabilization to a foundation for sustainable growth.
Performance was driven largely by Supercuts, which delivered 3% same-store sales growth for the full year, marking its fifth consecutive year of growth.
Management attributed the 7.3% decline in fourth-quarter total revenue to lower non-margin franchise rental income as franchisees transitioned to independent leases.
The decline in franchise salon count was mitigated by the fact that closures were predominantly lower-volume locations with an average unit volume of $136,000, significantly below the top-quartile average.
#year #NVIDIA
13 hours ago
Ro Khanna is a Democratic congressman from California whose stock picks keep making headlines. His latest financial disclosures show steady buying in two names through June and July.
Uber Technologies, Inc. (NYSE:UBER) shows up more than any other stock in the filing. Khanna's disclosures list several separate Uber purchases between June 15 and July 29, with no sales in that stretch. Uber is down about 18% over the past year.
Chewy Inc. (NYSE:CHWY) is the second name. The filing shows nine Chewy purchases between July 13 and July 30.
Chewy is down about 40% over the past year and 30% so far this year. Is this a potential opportunity to buy the stock on the dip? Let's **** yze.
Chewy, Inc. (NYSE:CHWY) sells pet food, treats, supplies and medications online. The business runs on Autoship, a subscription program where customers set up recurring deliveries.
#chewy #chwy #shows
Uber Technologies, Inc. (NYSE:UBER) shows up more than any other stock in the filing. Khanna's disclosures list several separate Uber purchases between June 15 and July 29, with no sales in that stretch. Uber is down about 18% over the past year.
Chewy Inc. (NYSE:CHWY) is the second name. The filing shows nine Chewy purchases between July 13 and July 30.
Chewy is down about 40% over the past year and 30% so far this year. Is this a potential opportunity to buy the stock on the dip? Let's **** yze.
Chewy, Inc. (NYSE:CHWY) sells pet food, treats, supplies and medications online. The business runs on Autoship, a subscription program where customers set up recurring deliveries.
#chewy #chwy #shows
2 days ago
Editor's Note: The story has been refreshed with the latest market price action and a revised headline.
Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months.
Saylor posted the company's accumulation chart on X, using orange circles or "dots" to highlight the firm's Bitcoin purchases.
"We're ₿ack," he wrote.
In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months.
#purchases #strategy #NASDAQ
Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months.
Saylor posted the company's accumulation chart on X, using orange circles or "dots" to highlight the firm's Bitcoin purchases.
"We're ₿ack," he wrote.
In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months.
#purchases #strategy #NASDAQ
2 days ago
As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children's apparel retailer is closing stores.
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#like #data #shift
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#like #data #shift
2 days ago
As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children's apparel retailer is closing stores.
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#spending
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#spending
2 days ago
The wait for a large gas turbine now runs longer than the time it takes to design, permit, and build the plant it will sit in. Order one today from any of the three largest manufacturers, and the delivery slot lands four or more years out—if a slot is available at all. The queue to connect a new plant to the grid runs about as long. For developers racing to power the data centers hyperscalers are building, the timeline no longer works, and it is pushing the U.S. generation build toward whatever can be constructed without waiting in either line.That dislocation is the backdrop to a quieter story about where capital is moving, and it surfaced in July when a familiar U.S. plant operator changed hands. IHI Power Services Corp., a company with roughly four decades of experience running American power plants, became Kyuden Energy Partners Corp. on completion of its acquisition by Kyuden International Corp., the overseas arm of a company fully owned by **** an's Kyushu Electric Power Co. The rebrand is the news of the day. The more instructive part is what a foreign utility chose to buy: not power plants, but the capability to run them.
Tony Dabbene, who led IHI Power Services through the transition and stays on as CEO, was blunt about the market. "We are seeing the most dynamic environment in decades," he told POWER, pointing to demand tied to the hyperscalers' data center buildout. Major gas turbine manufacturers, he said, are quoting lead times of four-plus years, with interconnection queues running about the same. The manufacturers' own disclosures bear that out: GE Vernova's gas turbine backlog and slot reservations reached 116 GW by mid-2026, and Siemens Energy has described itself as booked into the back half of the decade, treating 2029 delivery slots as near-term availability.What Dabbene described next was the market's response. Rather than wait for an interconnection that may not clear before mid-decade, developers are building behind the meter and on private grids that sidestep the queue entirely. To power them, they're reaching for whatever can be deployed the fastest: reciprocating engines, fuel cells, and battery storage paired with microgrids, engineered to achieve the high-availability targets that around-the-clock computing demands while managing the power-quality swings that come when those loads shift in an instant. "It is a brand-new world in the energy **** e," he said.This is where a multi-fuel operator has the edge. A company that already runs natural gas, hydro, biomass, wind, solar, and storage has done the work developers are now rushing toward—operating mixed generation and meeting high availability targets. The turbine shortage may be a headache for those building facilities, but it's an opportunity for reliable operators.
#corp #runs #plant #four
Tony Dabbene, who led IHI Power Services through the transition and stays on as CEO, was blunt about the market. "We are seeing the most dynamic environment in decades," he told POWER, pointing to demand tied to the hyperscalers' data center buildout. Major gas turbine manufacturers, he said, are quoting lead times of four-plus years, with interconnection queues running about the same. The manufacturers' own disclosures bear that out: GE Vernova's gas turbine backlog and slot reservations reached 116 GW by mid-2026, and Siemens Energy has described itself as booked into the back half of the decade, treating 2029 delivery slots as near-term availability.What Dabbene described next was the market's response. Rather than wait for an interconnection that may not clear before mid-decade, developers are building behind the meter and on private grids that sidestep the queue entirely. To power them, they're reaching for whatever can be deployed the fastest: reciprocating engines, fuel cells, and battery storage paired with microgrids, engineered to achieve the high-availability targets that around-the-clock computing demands while managing the power-quality swings that come when those loads shift in an instant. "It is a brand-new world in the energy **** e," he said.This is where a multi-fuel operator has the edge. A company that already runs natural gas, hydro, biomass, wind, solar, and storage has done the work developers are now rushing toward—operating mixed generation and meeting high availability targets. The turbine shortage may be a headache for those building facilities, but it's an opportunity for reliable operators.
#corp #runs #plant #four
3 days ago
As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children's apparel retailer is closing stores.
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#shopping #specialty #like
Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to Deloitte.
This shift in consumer spending habits, paired with the shrinking malls data, including projection from Capital One Shopping suggesting that up to 87% of traditional shopping malls could close over the next decade, has forced a number of mall clothing retailers to shut a number of underperforming locations.
A mall staple The Children's Place has shuttered hundreds of locations in recent years as part of a major restructuring plan to shed costly real estate, and legacy specialty chain, Carter's, has started its wave of planned closures in 2025.
Founded in 1865, Carter's grew from a modest Massachusetts knitting mill into North America's largest children's clothing maker by continually expanding its footprint and acquiring legacy brands like OshKosh B'gosh.
#shopping #specialty #like
6 days ago
Expion360 Inc. (NASDAQ:XPON) shares closed at $6.20 on August 24, up 80.5% following the company's oil-and-gas acquisition and financing disclosures. The transactions reposition the lithium-battery specialist as a broader energy company. The company also announced a corporate name change to Expion Energy, Inc. as part of the expansion.
Expion360 Inc. (NASDAQ:XPON) paid an adjusted $3.425 million in cash for a company holding an Eastern Louisiana exploration prospect. The acquired ****** ets include approximately 3,000 net leasehold acres, an existing wellbore, mineral-title research covering approximately 13,000 net acres, and related intellectual property. The announcement did not include current production or an estimate of proved reserves.
The company financed the move through $9 million of convertible debentures, generating approximately $8.2 million of net proceeds after fees and expenses.
Expion360 Inc. (NASDAQ:XPON) acquired a defined exploration target rather than starting its acreage and geological work from scratch. The company plans to expand the leasehold and use commercially reasonable efforts to initiate a mandatory well operation involving a lateral wellbore of at least 4,000 feet by February 15, 2027, subject to specified exceptions.
The company expects to retain an approximately 75% net revenue interest after overriding royalty interests. New CEO Kevin Sellers also brings experience in upstream and midstream transactions, addressing part of the expertise gap created by the move beyond battery storage.
#approximately #energy #part
Expion360 Inc. (NASDAQ:XPON) paid an adjusted $3.425 million in cash for a company holding an Eastern Louisiana exploration prospect. The acquired ****** ets include approximately 3,000 net leasehold acres, an existing wellbore, mineral-title research covering approximately 13,000 net acres, and related intellectual property. The announcement did not include current production or an estimate of proved reserves.
The company financed the move through $9 million of convertible debentures, generating approximately $8.2 million of net proceeds after fees and expenses.
Expion360 Inc. (NASDAQ:XPON) acquired a defined exploration target rather than starting its acreage and geological work from scratch. The company plans to expand the leasehold and use commercially reasonable efforts to initiate a mandatory well operation involving a lateral wellbore of at least 4,000 feet by February 15, 2027, subject to specified exceptions.
The company expects to retain an approximately 75% net revenue interest after overriding royalty interests. New CEO Kevin Sellers also brings experience in upstream and midstream transactions, addressing part of the expertise gap created by the move beyond battery storage.
#approximately #energy #part
6 days ago
A popular sports bar and grill chain has abruptly closed four restaurants, cutting its footprint by 20%, less than two years after a new owner acquired the brand.
The closures come as restaurant chains across the country continue to deal with severe challenges stemming from rising food and labor costs, shifting consumer habits, and aggressive competition for diners.
Full-service restaurants are feeling more pressure as they rely heavily on front-of-house staffing, table service, and bar staff. Moreover, full-service restaurants earn 3%-5% net, versus 6%-9% for fast-casual concepts and quick-service restaurants, on a scale where net margin above 6% is considered strong, according to data from Bloom Intelligence.
Founded in 1997 in Hickory, North Carolina, Hickory Tavern is a sports bar and grill family restaurant chain popular for its saucy wings, flatbreads, loaded nachos, and mozzarella sticks. Aside from food, the bar was often seen as a popular neighborhood gathering place.
Hickory Tavern abruptly closed four locations, leaving the chain with 16 remaining across the Carolinas, reported FSR Magazine.
#restaurants #hickory #chain #grill
The closures come as restaurant chains across the country continue to deal with severe challenges stemming from rising food and labor costs, shifting consumer habits, and aggressive competition for diners.
Full-service restaurants are feeling more pressure as they rely heavily on front-of-house staffing, table service, and bar staff. Moreover, full-service restaurants earn 3%-5% net, versus 6%-9% for fast-casual concepts and quick-service restaurants, on a scale where net margin above 6% is considered strong, according to data from Bloom Intelligence.
Founded in 1997 in Hickory, North Carolina, Hickory Tavern is a sports bar and grill family restaurant chain popular for its saucy wings, flatbreads, loaded nachos, and mozzarella sticks. Aside from food, the bar was often seen as a popular neighborhood gathering place.
Hickory Tavern abruptly closed four locations, leaving the chain with 16 remaining across the Carolinas, reported FSR Magazine.
#restaurants #hickory #chain #grill
6 days ago
Snap (NYSE:SNAP), a camera-first social platform with augmented reality and advertising, closed at $5.42, down 8.53%. Pennsylvania's attorney general sued Snap over Snapchat's design and child-safety claims. Investors are watching follow-up legal risk and product disclosures. Trading volume reached 64.4M shares, coming in about 53% above its three-month average of 42.0M shares. Snap IPO'd in 2017 and has fallen 78% since going public.
S&P 500 (SNPINDEX:^GSPC) closed at 7,675, down 0.04%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,130, down 0.08%. Among internet content and information, digital advertising and social media peers, Meta Platforms (NASDAQ:META) closed at $576.14, up 1.07%, while Pinterest (NYSE:PINS) closed at $23.32, down 1.44%, showing mixed sentiment across ad-supported apps.
Pennsylvania's attorney general sued Snap yesterday, claiming that Snapchat kept "young users compulsively engaged," while lacking necessary safety standards and guardrails for age-appropriate content. This lawsuit was filed less than one day before Meta Platforms agreed to pay a historic $17.1 billion settlement for similar issues with children using its social media platforms.
However, while Meta has been battling this lawsuit for months, Snap's situation is brand new, prompting the market to send its shares down 9% today. A.G. Dave Sunday specifically cited Snap's Snapstreaks (which can be restored with a payment), disappearing messages, infinite scrolling, and "T for teen" rating as some of the many issues in the complaint.
Snap stock remains an unprofitable company -- though it is getting closer to breakeven -- and continues to rely heavily upon stock-based compensation, diluting shareholder value over time. With sales growth slowing over the last three years, yesterday's lawsuit against Snap, and today's ruling against Meta, I'm just not interested in the social media stock today, regardless of its popularity. It may simply be a better app than a company.
#snap #closed #lawsuit
S&P 500 (SNPINDEX:^GSPC) closed at 7,675, down 0.04%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,130, down 0.08%. Among internet content and information, digital advertising and social media peers, Meta Platforms (NASDAQ:META) closed at $576.14, up 1.07%, while Pinterest (NYSE:PINS) closed at $23.32, down 1.44%, showing mixed sentiment across ad-supported apps.
Pennsylvania's attorney general sued Snap yesterday, claiming that Snapchat kept "young users compulsively engaged," while lacking necessary safety standards and guardrails for age-appropriate content. This lawsuit was filed less than one day before Meta Platforms agreed to pay a historic $17.1 billion settlement for similar issues with children using its social media platforms.
However, while Meta has been battling this lawsuit for months, Snap's situation is brand new, prompting the market to send its shares down 9% today. A.G. Dave Sunday specifically cited Snap's Snapstreaks (which can be restored with a payment), disappearing messages, infinite scrolling, and "T for teen" rating as some of the many issues in the complaint.
Snap stock remains an unprofitable company -- though it is getting closer to breakeven -- and continues to rely heavily upon stock-based compensation, diluting shareholder value over time. With sales growth slowing over the last three years, yesterday's lawsuit against Snap, and today's ruling against Meta, I'm just not interested in the social media stock today, regardless of its popularity. It may simply be a better app than a company.
#snap #closed #lawsuit
7 days ago
Nvidia reported earnings on Aug. 26. Wall Street expected it to beat. Bank of America was not particularly interested in that part of the story.
The firm's note, published ahead of the report, was really about one thing: whether the market had correctly priced the scale of what Nvidia has been doing with its balance sheet.
The answer, according to Bank of America, was no. The results Nvidia delivered made that argument harder to dismiss.
In a note shared with TheStreet on Aug. 25, ***** yst Vivek Arya reiterated a Buy rating and a $350 price target on Nvidia, implying roughly 64% upside from where the stock was trading that day.
The note's ***** le says everything about where the firm directed investor attention: "Balance sheet disclosures could speak louder than EPS beat."
#NVIDIA #balance #note #wall
The firm's note, published ahead of the report, was really about one thing: whether the market had correctly priced the scale of what Nvidia has been doing with its balance sheet.
The answer, according to Bank of America, was no. The results Nvidia delivered made that argument harder to dismiss.
In a note shared with TheStreet on Aug. 25, ***** yst Vivek Arya reiterated a Buy rating and a $350 price target on Nvidia, implying roughly 64% upside from where the stock was trading that day.
The note's ***** le says everything about where the firm directed investor attention: "Balance sheet disclosures could speak louder than EPS beat."
#NVIDIA #balance #note #wall
7 days ago
On August 13, KinderCare Learning Companies (NASDAQ:KLC) reported second-quarter results that captured the company in the middle of major surgery on itself. Revenue slipped 0.4% to $697.5 million, and the company swung to a net loss of $8.8 million from net income of $38.6 million a year earlier. Behind those numbers sits a deliberate choice: management is closing dozens of underperforming centers even as the core business absorbs the hit.
The clearest bright spot is Champions, KinderCare's before- and after-school program, where revenue climbed 13.4% to $59.4 million on 85 net new sites added over the past year, marking four straight quarters of double-digit growth for the segment. KinderCare for Employers added new corporate partners during the quarter, including a stretch providing 24-hour childcare for Dallas public safety workers during the World Cup, and management is leaning further into tuition benefit programs as employers look for ways to support working parents.
The center closures are framed as addition by subtraction. Ninety percent of the locations shut so far sit in the lowest-performing fifth of the portfolio, and the 49 centers closed this quarter averaged occupancy below 37%. Management expects the full round of 80 to 85 closures to lift occupancy by roughly 1.5 percentage points once complete, while trimming annual rent by about $7 million.
Meanwhile, Creme School, KinderCare's premium brand, opened its first California location in Irvine and posted 26% growth in summer camp enrollment, and CEO Tom Wyatt said revenue from the Learning Adventures enrichment programs "has almost doubled from a year ago." The company also entered its 42nd state with a new center in Bentonville, Arkansas, helped along by fresh childcare funding commitments in New York, California and New Hampshire.
The headline numbers tell a rougher story. Adjusted EBITDA fell to $63.0 million from $82.4 million, and adjusted earnings per share dropped to $0.08 from $0.22, as lower occupancy ate into operating leverage. Same-center occupancy fell 2.4 percentage points to 68.6%, and enrollment in the core early childhood education business declined 4.0% year over year, a drag that a 2.6% tuition rate increase only partly offset. Same-center revenue fell $14 million, or 2%, with $11 million of that tied directly to center closures.
#million #center #management
The clearest bright spot is Champions, KinderCare's before- and after-school program, where revenue climbed 13.4% to $59.4 million on 85 net new sites added over the past year, marking four straight quarters of double-digit growth for the segment. KinderCare for Employers added new corporate partners during the quarter, including a stretch providing 24-hour childcare for Dallas public safety workers during the World Cup, and management is leaning further into tuition benefit programs as employers look for ways to support working parents.
The center closures are framed as addition by subtraction. Ninety percent of the locations shut so far sit in the lowest-performing fifth of the portfolio, and the 49 centers closed this quarter averaged occupancy below 37%. Management expects the full round of 80 to 85 closures to lift occupancy by roughly 1.5 percentage points once complete, while trimming annual rent by about $7 million.
Meanwhile, Creme School, KinderCare's premium brand, opened its first California location in Irvine and posted 26% growth in summer camp enrollment, and CEO Tom Wyatt said revenue from the Learning Adventures enrichment programs "has almost doubled from a year ago." The company also entered its 42nd state with a new center in Bentonville, Arkansas, helped along by fresh childcare funding commitments in New York, California and New Hampshire.
The headline numbers tell a rougher story. Adjusted EBITDA fell to $63.0 million from $82.4 million, and adjusted earnings per share dropped to $0.08 from $0.22, as lower occupancy ate into operating leverage. Same-center occupancy fell 2.4 percentage points to 68.6%, and enrollment in the core early childhood education business declined 4.0% year over year, a drag that a 2.6% tuition rate increase only partly offset. Same-center revenue fell $14 million, or 2%, with $11 million of that tied directly to center closures.
#million #center #management
8 days ago
The clues to the run sat in dated interconnect milestones, not in the custom-silicon question that dominated the argument surrounding the stock.
Marvell Technology (MRVL) stock returned 233.5% over the past year, against 21.0% for the S&P 500. The argument that filled those months was custom silicon, and whether the company would keep its lead accelerator program. Its own disclosures before the run pointed somewhere quieter, and that is where the payoff came from.
The Earliest Sign Was A Chip, Not A Forecast
In December 2024, Marvell reported that it had begun shipping the industry's first 1.6T PAM DSP, the part inside the optical modules that carry traffic between AI accelerators, and announced a three-nanometer successor designed to cut optical module power by more than 20%. Those PAM parts sit inside the interconnect portfolio, and connectivity had by then become just as critical as the processors themselves, by the company's own account. At its fiscal Q1 2026 results in May 2025, the last quarterly report filed before the run began, management said shipments were underway at five nanometers and the bigger ramp was still ahead.
The Numbers Filed Just Before The Run Cut Both Ways
#Stock #inside
Marvell Technology (MRVL) stock returned 233.5% over the past year, against 21.0% for the S&P 500. The argument that filled those months was custom silicon, and whether the company would keep its lead accelerator program. Its own disclosures before the run pointed somewhere quieter, and that is where the payoff came from.
The Earliest Sign Was A Chip, Not A Forecast
In December 2024, Marvell reported that it had begun shipping the industry's first 1.6T PAM DSP, the part inside the optical modules that carry traffic between AI accelerators, and announced a three-nanometer successor designed to cut optical module power by more than 20%. Those PAM parts sit inside the interconnect portfolio, and connectivity had by then become just as critical as the processors themselves, by the company's own account. At its fiscal Q1 2026 results in May 2025, the last quarterly report filed before the run began, management said shipments were underway at five nanometers and the bigger ramp was still ahead.
The Numbers Filed Just Before The Run Cut Both Ways
#Stock #inside
9 days ago
The latest filings covering President Donald Trump's **** ets show that securities held on his behalf included purchases of Mastercard (NYSE: MA) and Home Depot (NYSE: HD) in June. The Q2 filings also show Home Depot among the holdings of the Bill Gates Foundation Trust, while billionaire investor Bill Ackman's Pershing Square initiated a new position in Mastercard during the quarter.
The disclosure covers the president's transactions for June 2026 and was recently filed with the U.S. Office of Government Ethics. The disclosures showed over 1,000 separate transactions for the month.
In this article, we will **** yze Home Depot, which is gaining attention as bulls believe the stock is set to rebound amid a potential recovery in the housing market. HD is down about 17% over the past year.
HD is struggling because of slow housing activity amid high mortgage rates. But bulls say the housing market recovers sooner or later. Rates come down, the lock-in effect breaks, and the missing million transactions come back. Home Depot would be a major beneficiary of that upcoming trend.
Pixabay/Public Domain
#home #NYSE #rates #filings
The disclosure covers the president's transactions for June 2026 and was recently filed with the U.S. Office of Government Ethics. The disclosures showed over 1,000 separate transactions for the month.
In this article, we will **** yze Home Depot, which is gaining attention as bulls believe the stock is set to rebound amid a potential recovery in the housing market. HD is down about 17% over the past year.
HD is struggling because of slow housing activity amid high mortgage rates. But bulls say the housing market recovers sooner or later. Rates come down, the lock-in effect breaks, and the missing million transactions come back. Home Depot would be a major beneficiary of that upcoming trend.
Pixabay/Public Domain
#home #NYSE #rates #filings
9 days ago
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter.
Artificial intelligence can help shave off hours of time when it comes to previously manual tasks, such as scenario planning or financial modeling. But as finance employees begin to rely more heavily on AI, it's crucial for finance employees to understand its inner workings — meaning "the CFO needs to have a whole set of processes in place around governance and ethics" when it comes to AI, according to Ian Schnoor, executive director of the Financial Modeling Institute.
The FMI offers a global program for financial modeling accreditation, a discipline where AI is becoming more entrenched. At the moment, many companies are still in the early days of adopting the technology, and "do not have strong disclosures or guidelines yet around AI," Schnoor told CFO Dive. "But if I was a CFO, I would want a policy to know exactly, how was AI used in this process?"
Schnoor, who began his career as an investment banker at Citibank, has served as executive director for the Toronto, Canda-based institute since 2016, according to his LinkedIn profile.
He also serves as an adjunct professor for the Smith School of Business at Queen's University in Toronto, Canada. Before FMI, he served as founder and president for the Marquee Group, a financial modeling training provider he sold to Training the Street in March of 2023.
#financial #toronto #institute #daily
Artificial intelligence can help shave off hours of time when it comes to previously manual tasks, such as scenario planning or financial modeling. But as finance employees begin to rely more heavily on AI, it's crucial for finance employees to understand its inner workings — meaning "the CFO needs to have a whole set of processes in place around governance and ethics" when it comes to AI, according to Ian Schnoor, executive director of the Financial Modeling Institute.
The FMI offers a global program for financial modeling accreditation, a discipline where AI is becoming more entrenched. At the moment, many companies are still in the early days of adopting the technology, and "do not have strong disclosures or guidelines yet around AI," Schnoor told CFO Dive. "But if I was a CFO, I would want a policy to know exactly, how was AI used in this process?"
Schnoor, who began his career as an investment banker at Citibank, has served as executive director for the Toronto, Canda-based institute since 2016, according to his LinkedIn profile.
He also serves as an adjunct professor for the Smith School of Business at Queen's University in Toronto, Canada. Before FMI, he served as founder and president for the Marquee Group, a financial modeling training provider he sold to Training the Street in March of 2023.
#financial #toronto #institute #daily
9 days ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Canadian Pacific Kansas City Limited (NYSE:CP). Canadian Pacific Kansas City Limited (NYSE:CP) owns and operates a transcontinental freight railway in Canada and internationally. On August 24, 2026, Canadian Pacific Kansas City Limited (NYSE:CP) closed at $94.68 per share. The one-month return of Canadian Pacific Kansas City Limited (NYSE:CP) was 3.25%, and its shares gained 24.17% over the past 52 weeks. Canadian Pacific Kansas City Limited (NYSE:CP) has a market capitalization of $83.25 billion.
SGA Global Growth Strategy stated the following regarding Canadian Pacific Kansas City Limited (NYSE:CP) in its Q2 2026 investor letter:
"We engaged with management of Canadian Pacific Kansas City Limited (NYSE:CP) in advance of the company's annual meeting to discuss its climate strategy and a proposal on climate-related disclosures. A key topic of discussion was the company's decision to defer establishing a Science Based Targets initiative (SBTi)-validated 1.5°C-aligned emissions reduction target. While the ISS Sustainability policy recommended voting against the climate proposal due to the absence of intermediate and long-term emissions targets, management explained that the delay stemmed from the lack of a finalized intensity-based methodology from SBTi appropriate for the freight rail industry, emphasizing that CPKC remains committed to its existing goal of reducing locomotive well-to-wheel emissions intensity by 36.9% by 2030 and continues to work with SBTi as industryspecific frameworks evolve. Management highlighted continued spending on locomotive fleet modernization, including investment in new Tier 4 locomotives, expansion of its hydrogen locomotive program, and trials of renewable fuels. After reviewing the company's disclosures, proxy materials, and feedback from management, we concluded that the company is making goo
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Canadian Pacific Kansas City Limited (NYSE:CP). Canadian Pacific Kansas City Limited (NYSE:CP) owns and operates a transcontinental freight railway in Canada and internationally. On August 24, 2026, Canadian Pacific Kansas City Limited (NYSE:CP) closed at $94.68 per share. The one-month return of Canadian Pacific Kansas City Limited (NYSE:CP) was 3.25%, and its shares gained 24.17% over the past 52 weeks. Canadian Pacific Kansas City Limited (NYSE:CP) has a market capitalization of $83.25 billion.
SGA Global Growth Strategy stated the following regarding Canadian Pacific Kansas City Limited (NYSE:CP) in its Q2 2026 investor letter:
"We engaged with management of Canadian Pacific Kansas City Limited (NYSE:CP) in advance of the company's annual meeting to discuss its climate strategy and a proposal on climate-related disclosures. A key topic of discussion was the company's decision to defer establishing a Science Based Targets initiative (SBTi)-validated 1.5°C-aligned emissions reduction target. While the ISS Sustainability policy recommended voting against the climate proposal due to the absence of intermediate and long-term emissions targets, management explained that the delay stemmed from the lack of a finalized intensity-based methodology from SBTi appropriate for the freight rail industry, emphasizing that CPKC remains committed to its existing goal of reducing locomotive well-to-wheel emissions intensity by 36.9% by 2030 and continues to work with SBTi as industryspecific frameworks evolve. Management highlighted continued spending on locomotive fleet modernization, including investment in new Tier 4 locomotives, expansion of its hydrogen locomotive program, and trials of renewable fuels. After reviewing the company's disclosures, proxy materials, and feedback from management, we concluded that the company is making goo
9 days ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Yum! Brands, Inc. (NYSE:YUM). Yum! Brands, Inc. (NYSE:YUM) develops, operates, and franchises traditional and non-traditional quick service restaurants in the United States and internationally. On August 24, 2026, Yum! Brands, Inc. (NYSE:YUM) closed at $157.35 per share. The one-month return of Yum! Brands, Inc. (NYSE:YUM) was 4.4%, and its shares gained 6.7% over the past 52 weeks. Yum! Brands, Inc. (NYSE:YUM) has a market capitalization of $42.84 billion.
SGA Global Growth Strategy stated the following regarding Yum! Brands, Inc. (NYSE:YUM) in its Q2 2026 investor letter:
"We met with Jon Hixon, Yum! Brands, Inc.'s (NYSE:YUM) Chief Sustainability Officer, as well as members of legal and human resources teams to discuss several topics relevant to our investment thesis, including human capital management, geopolitical and reputational risks, corporate governance, and sustainability reporting. During the discussion, we were pleased to hear that Yum's next sustainability report would include, for the first time, disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) framework, alongside its existing climate-related reporting. The addition of TNFD reporting reflects the company's ongoing efforts to ******* s and disclose nature-related dependencies, impacts, risks, and opportunities across its agricultural supply chain. A key focus of the engagement was Pizza Hut's ongoing strategic review and the ******* ociated human capital implications. Management outlined several retention initiatives designed to support workforce stability during the review process, including broad-based retention bonuses for employees and targeted retention awards for critical leadership and operational roles. While the company had experienced a modest increase in employee turnover, management indicated that attrition remai
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Yum! Brands, Inc. (NYSE:YUM). Yum! Brands, Inc. (NYSE:YUM) develops, operates, and franchises traditional and non-traditional quick service restaurants in the United States and internationally. On August 24, 2026, Yum! Brands, Inc. (NYSE:YUM) closed at $157.35 per share. The one-month return of Yum! Brands, Inc. (NYSE:YUM) was 4.4%, and its shares gained 6.7% over the past 52 weeks. Yum! Brands, Inc. (NYSE:YUM) has a market capitalization of $42.84 billion.
SGA Global Growth Strategy stated the following regarding Yum! Brands, Inc. (NYSE:YUM) in its Q2 2026 investor letter:
"We met with Jon Hixon, Yum! Brands, Inc.'s (NYSE:YUM) Chief Sustainability Officer, as well as members of legal and human resources teams to discuss several topics relevant to our investment thesis, including human capital management, geopolitical and reputational risks, corporate governance, and sustainability reporting. During the discussion, we were pleased to hear that Yum's next sustainability report would include, for the first time, disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) framework, alongside its existing climate-related reporting. The addition of TNFD reporting reflects the company's ongoing efforts to ******* s and disclose nature-related dependencies, impacts, risks, and opportunities across its agricultural supply chain. A key focus of the engagement was Pizza Hut's ongoing strategic review and the ******* ociated human capital implications. Management outlined several retention initiatives designed to support workforce stability during the review process, including broad-based retention bonuses for employees and targeted retention awards for critical leadership and operational roles. While the company had experienced a modest increase in employee turnover, management indicated that attrition remai
10 days ago
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President Donald Trump has been buying corporate and municipal bonds since returning to the White House in 2025 — and he hasn't exactly slowed down.
In March alone, Trump made 175 financial transactions and bought at least $51 million in bonds, according to financial disclosures filed with the Office of Government Ethics. Most were municipal bonds issued by states, counties, school districts and other public entities (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#bonds #president
President Donald Trump has been buying corporate and municipal bonds since returning to the White House in 2025 — and he hasn't exactly slowed down.
In March alone, Trump made 175 financial transactions and bought at least $51 million in bonds, according to financial disclosures filed with the Office of Government Ethics. Most were municipal bonds issued by states, counties, school districts and other public entities (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#bonds #president
10 days ago
Wendy's chief executive Bob Wright outlined a five-point turnaround strategy on Monday, saying the burger chain sacrificed ingredient quality for cost savings and became too dependent on discounts — factors he said contributed to Wendy's losing its long-held position as the country's second-largest burger chain by U.S. sales.
Wright told The Wall Street Journal that Burger King seized that position by overhauling its Whopper sandwich and modernizing its restaurant fleet. "We have made some decisions around quality that were rooted in efficiency and cost savings," Wright said. "We have let our value equation erode."
Wright, 58, took the helm as permanent president and CEO in May. His turnaround plan covers five areas: food quality and value, operations, store upgrades, marketing, and digital sales. Wright said a comprehensive menu overhaul is needed, working from individual ingredients through finished items and across every major category, including hamburgers, chicken, salads, and the Frosty-anchored dessert lineup.
As part of the leadership overhaul, Wright said Tariq Hassan, a former McDonald's executive, has joined Wendy's in the newly created role of chief marketing and customer growth officer. The current head of U.S. marketing is set to leave the company within weeks. Wright noted that the chain's marketing spending amounts to hundreds of millions of dollars annually, and said both the creative messaging and the way that money is placed across media channels require a rethink.
On the question of store count, Wright acknowledged that net unit losses have accumulated over the last year, with more closures anticipated, and framed those shutdowns as a deliberate mechanism for helping individual franchisees bring greater financial health to their restaurant holdings.
#quality #chief #executive
Wright told The Wall Street Journal that Burger King seized that position by overhauling its Whopper sandwich and modernizing its restaurant fleet. "We have made some decisions around quality that were rooted in efficiency and cost savings," Wright said. "We have let our value equation erode."
Wright, 58, took the helm as permanent president and CEO in May. His turnaround plan covers five areas: food quality and value, operations, store upgrades, marketing, and digital sales. Wright said a comprehensive menu overhaul is needed, working from individual ingredients through finished items and across every major category, including hamburgers, chicken, salads, and the Frosty-anchored dessert lineup.
As part of the leadership overhaul, Wright said Tariq Hassan, a former McDonald's executive, has joined Wendy's in the newly created role of chief marketing and customer growth officer. The current head of U.S. marketing is set to leave the company within weeks. Wright noted that the chain's marketing spending amounts to hundreds of millions of dollars annually, and said both the creative messaging and the way that money is placed across media channels require a rethink.
On the question of store count, Wright acknowledged that net unit losses have accumulated over the last year, with more closures anticipated, and framed those shutdowns as a deliberate mechanism for helping individual franchisees bring greater financial health to their restaurant holdings.
#quality #chief #executive
10 days ago
Prince Harry could repair his relationship with Prince William by keeping family matters private. As Harry spends more time in the UK with Meghan and their children, a royal expert says staying silent could give the brothers a better chance to rebuild their strained relationship.
Harry and Meghan are preparing to spend more time in Britain, and their children, Prince Archie and Princess Lilibet, are reportedly expected to attend school there. However, the expert says their return could face a bigger challenge than public opinion or how people in the UK welcome them. The real test may be whether Harry can keep family matters private.
Sources reportedly told Express that Harry plans to stop making public accusations against his family. He has also allegedly decided to limit his television interviews. However, the expert questions whether Harry can stay quiet when discussing the Royal Family.
Prince William will likely remain cautious about Harry's return. Years of public revelations have damaged the trust between the brothers. Harry's criticism of the Royal Family has caused lasting damage. His comments about William and Princess Kate have added further strain.
The expert says even a long period of silence will not erase their difficult history. Harry's public disclosures have fundamentally changed the relationship the brothers once shared, making any reconciliation a difficult and lengthy process.
#family #william #public
Harry and Meghan are preparing to spend more time in Britain, and their children, Prince Archie and Princess Lilibet, are reportedly expected to attend school there. However, the expert says their return could face a bigger challenge than public opinion or how people in the UK welcome them. The real test may be whether Harry can keep family matters private.
Sources reportedly told Express that Harry plans to stop making public accusations against his family. He has also allegedly decided to limit his television interviews. However, the expert questions whether Harry can stay quiet when discussing the Royal Family.
Prince William will likely remain cautious about Harry's return. Years of public revelations have damaged the trust between the brothers. Harry's criticism of the Royal Family has caused lasting damage. His comments about William and Princess Kate have added further strain.
The expert says even a long period of silence will not erase their difficult history. Harry's public disclosures have fundamentally changed the relationship the brothers once shared, making any reconciliation a difficult and lengthy process.
#family #william #public
12 days ago
Major supermarket chains, including Kroger, Stop & Shop, and The Raley's Companies, are in the middle of a downsizing mode that began in 2025 and will continue for some companies through 2027.
Kroger said it expected to close approximately 60 stores across its portfolio by the end of 2026, according to the company's first-quarter fiscal 2025 earnings call. Giant Ahold Delhaize's Stop & Shop chain confirmed in July that it will close store locations in Basking Ridge and Westfield, N.J., also in 2026
And now Raley's has said that it will close another Northern California store located in Petaluma, Calif., on Jan. 26, 2027, affecting 48 workers' jobs.
The closures are part of Raley's regional downsizing plan that calls for seven store closings in California and Nevada. Raley's said it will offer transfer opportunities to as many affected employees as possible, KSRO radio reported.
The Raley's Companies cited local market conditions and long-term financial sustainability for the downsizing.
#store #shop #major
Kroger said it expected to close approximately 60 stores across its portfolio by the end of 2026, according to the company's first-quarter fiscal 2025 earnings call. Giant Ahold Delhaize's Stop & Shop chain confirmed in July that it will close store locations in Basking Ridge and Westfield, N.J., also in 2026
And now Raley's has said that it will close another Northern California store located in Petaluma, Calif., on Jan. 26, 2027, affecting 48 workers' jobs.
The closures are part of Raley's regional downsizing plan that calls for seven store closings in California and Nevada. Raley's said it will offer transfer opportunities to as many affected employees as possible, KSRO radio reported.
The Raley's Companies cited local market conditions and long-term financial sustainability for the downsizing.
#store #shop #major
13 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#Crypto #ethereum #wednesday
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#Crypto #ethereum #wednesday
14 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto **** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto **** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#Crypto #Bitcoin #wednesday #morning
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto **** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto **** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#Crypto #Bitcoin #wednesday #morning
14 days ago
Layoffs and facility closures are mounting across U.S. freight, distribution and manufacturing networks, with more than 7,000 jobs affected by recently announced workforce reductions involving companies ranging from Tyson Foods and FedEx to Ryder, CJ Logistics America and Daimler Truck.
The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes facilities in Joslin, Illinois, and Eagle Mountain, Utah. The food giant said it is shifting beef operations toward Nebraska, Kansas and Texas amid what it described as a historic cattle shortage.
Wholesale distributor Essendant also warned of sweeping cuts affecting more than 1,200 employees across six states as the company attempts to secure additional capital or find a buyer.
WARN notices show approximately 644 jobs affected in Illinois, 192 in Georgia, 150 in Pennsylvania, 136 in Texas, 103 in California and 53 in Arizona. The reductions are scheduled to begin Oct. 3. The company has warned that it could cease operations and liquidate if financing or a sale cannot be secured.
The announcements are part of a broader wave of restructuring hitting transportation, warehousing, fulfillment and manufacturing operations.
#Jobs #operations
The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes facilities in Joslin, Illinois, and Eagle Mountain, Utah. The food giant said it is shifting beef operations toward Nebraska, Kansas and Texas amid what it described as a historic cattle shortage.
Wholesale distributor Essendant also warned of sweeping cuts affecting more than 1,200 employees across six states as the company attempts to secure additional capital or find a buyer.
WARN notices show approximately 644 jobs affected in Illinois, 192 in Georgia, 150 in Pennsylvania, 136 in Texas, 103 in California and 53 in Arizona. The reductions are scheduled to begin Oct. 3. The company has warned that it could cease operations and liquidate if financing or a sale cannot be secured.
The announcements are part of a broader wave of restructuring hitting transportation, warehousing, fulfillment and manufacturing operations.
#Jobs #operations
14 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#price #higher
Bitcoin (BTC-USD) opened at $64,681.22 on Wednesday, August 19, 2026, 0.3% higher than Tuesday's opening price. As of 9:25 a.m. ET this morning, the price of bitcoin moved up to $64,877.66.
Ethereum (ETH-USD) opened at $1,916.47 on Wednesday, August 19, 2026, up 0.2% from Tuesday's opening price. The price of ethereum moved higher this morning to $1,936.31 as of 9:24 a.m. ET.
Bitcoin and ethereum prices opened higher and rose in early trading after the SEC announced new regulation for crypto ***** ets.
The proposed rules provide a framework for crypto companies to raise capital. They define two registration requirement exemptions for crypto-related investment contracts. Issuers would still be required to make certain disclosures. Larger offerings would have to provide financial statements and meet ongoing reporting requirements. The rules also allow certain crypto ***** ets to exit securities classification, and the related reporting requirements, after a project fulfills core managerial commitments. This would benefit mature crypto networks like bitcoin and ethereum.
#price #higher
14 days ago
Layoffs and facility closures are mounting across U.S. freight, distribution and manufacturing networks, with more than 7,000 jobs affected by recently announced workforce reductions involving companies ranging from Tyson Foods and FedEx to Ryder, CJ Logistics America and Daimler Truck.
The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes facilities in Joslin, Illinois, and Eagle Mountain, Utah. The food giant said it is shifting beef operations toward Nebraska, Kansas and Texas amid what it described as a historic cattle shortage.
Wholesale distributor Essendant also warned of sweeping cuts affecting more than 1,200 employees across six states as the company attempts to secure additional capital or find a buyer.
WARN notices show approximately 644 jobs affected in Illinois, 192 in Georgia, 150 in Pennsylvania, 136 in Texas, 103 in California and 53 in Arizona. The reductions are scheduled to begin Oct. 3. The company has warned that it could cease operations and liquidate if financing or a sale cannot be secured.
The announcements are part of a broader wave of restructuring hitting transportation, warehousing, fulfillment and manufacturing operations.
#affected
The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes facilities in Joslin, Illinois, and Eagle Mountain, Utah. The food giant said it is shifting beef operations toward Nebraska, Kansas and Texas amid what it described as a historic cattle shortage.
Wholesale distributor Essendant also warned of sweeping cuts affecting more than 1,200 employees across six states as the company attempts to secure additional capital or find a buyer.
WARN notices show approximately 644 jobs affected in Illinois, 192 in Georgia, 150 in Pennsylvania, 136 in Texas, 103 in California and 53 in Arizona. The reductions are scheduled to begin Oct. 3. The company has warned that it could cease operations and liquidate if financing or a sale cannot be secured.
The announcements are part of a broader wave of restructuring hitting transportation, warehousing, fulfillment and manufacturing operations.
#affected
16 days ago
The curtain is finally lifting on who owns ****** eX (SPCX), and the stock is surging over 5% Monday.
More than 1,500 investors disclosed stakes, but only 23 account for over 80% of the reported shares.
The concentration is even more striking at the other end. Nearly 1,340 investors reported positions of fewer than 100,000 shares, yet together they own less than 1% of the shares in the filings.
Those disclosures offer the first broad look at ****** eX ownership since the company went public on June 12. Large investment managers are required to report their US stock holdings every quarter, and the latest batch includes some familiar names with enormous positions.
Alphabet (GOOGL, GOOG) leads the pack with more than 551 million shares, while Fidelity reported more than 302 million. Gigafund, Saudi Arabia's Public Investment Fund, and Nvidia (NVDA) each disclosed more than 100 million.
#reported #public #positions
More than 1,500 investors disclosed stakes, but only 23 account for over 80% of the reported shares.
The concentration is even more striking at the other end. Nearly 1,340 investors reported positions of fewer than 100,000 shares, yet together they own less than 1% of the shares in the filings.
Those disclosures offer the first broad look at ****** eX ownership since the company went public on June 12. Large investment managers are required to report their US stock holdings every quarter, and the latest batch includes some familiar names with enormous positions.
Alphabet (GOOGL, GOOG) leads the pack with more than 551 million shares, while Fidelity reported more than 302 million. Gigafund, Saudi Arabia's Public Investment Fund, and Nvidia (NVDA) each disclosed more than 100 million.
#reported #public #positions
16 days ago
Washington DC has hosted presidential inaugurations, World Series parades and Fourth of July celebrations. Now, IndyCar is coming to the streets of the nation's capital.
The inaugural Freedom 250 Grand Prix will bring open-wheel racing to a temporary 1.66-mile street race winding through downtown D.C. The seven-turn course will guide drivers past some of the city's most iconic landmarks, including the U.S. Capitol, Washington Monument and several Smithsonian museums.
The race weekend, scheduled for Aug. 22-23, will feature practice, qualifying and the main race, giving fans a chance to see IndyCar drivers navigate a course unlike any other on the series calendar.
The race has already made its presence felt across downtown DC, with road closures and construction weeks underway as crews transform city streets into a temporary racing circuit. Barriers, fencing and other track infrastructure have been installed along the route ahead of race weekend.
For drivers, the circuit will offer little room for error, with tight turns and narrow sections replacing the traffic that normally moves through these streets. For residents and visitors, the race has meant detours and closures across parts of downtown as the District prepares to host its first IndyCar event.
#race #racing
The inaugural Freedom 250 Grand Prix will bring open-wheel racing to a temporary 1.66-mile street race winding through downtown D.C. The seven-turn course will guide drivers past some of the city's most iconic landmarks, including the U.S. Capitol, Washington Monument and several Smithsonian museums.
The race weekend, scheduled for Aug. 22-23, will feature practice, qualifying and the main race, giving fans a chance to see IndyCar drivers navigate a course unlike any other on the series calendar.
The race has already made its presence felt across downtown DC, with road closures and construction weeks underway as crews transform city streets into a temporary racing circuit. Barriers, fencing and other track infrastructure have been installed along the route ahead of race weekend.
For drivers, the circuit will offer little room for error, with tight turns and narrow sections replacing the traffic that normally moves through these streets. For residents and visitors, the race has meant detours and closures across parts of downtown as the District prepares to host its first IndyCar event.
#race #racing
16 days ago
WEST LAFAYETTE — Purdue football's next foray into expanding corporate sponsorships opportunities will begin on Rohrman Field this fall.
Progressive on Tuesday announced a new partnership with 13 programs, including Purdue, through Learfield. The Progressive logo will now be featured on the Ross-Ade Stadium playing field.
The sponsorship will include on-field branding inside Ross-Ade Stadium, per a news release, as well as videoboard features, LED signage, digital and social media integrations and other experiences throughout the game.
Financial terms and duration of the agreement were not disclosed. By securing the deals through Learfield, its marketing and branding partner, Purdue and other schools have also traditionally shielded the financial terms of such deals from public records disclosures.
Buy 2026 Purdue football tickets!
#financial
Progressive on Tuesday announced a new partnership with 13 programs, including Purdue, through Learfield. The Progressive logo will now be featured on the Ross-Ade Stadium playing field.
The sponsorship will include on-field branding inside Ross-Ade Stadium, per a news release, as well as videoboard features, LED signage, digital and social media integrations and other experiences throughout the game.
Financial terms and duration of the agreement were not disclosed. By securing the deals through Learfield, its marketing and branding partner, Purdue and other schools have also traditionally shielded the financial terms of such deals from public records disclosures.
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