23 hours ago
For much of the past year, the "AI trade" has been focused on infrastructure: processors, data centers, and cloud capacity. Snowflake Inc. (NYSE:SNOW)'s blowout quarter, which was reported after the market closed on September 2, provided something unique: clear evidence that AI is translating into real, incremental spending within software companies that are closer to the end customer. The reaction echoed throughout corporate software the next morning, adding to a rally that, for Salesforce, Inc. (NYSE:CRM) in particular, had already begun for its own reasons.
Snowflake Inc. (NYSE:SNOW) boosted its fiscal 2027 product revenues target to $6.07 billion from $5.84 billion, following a 37% increase in second-quarter product revenue to $1.49 billion. CEO Sridhar Ramaswamy stated that the company's AI products accounted for around half of that growth acceleration, which ****** ysts took as implying that AI demand is increasing Snowflake's core data platform, instead of just adoption of standalone AI add-ons. UBS ****** yst Karl Keirstead said the figures, together with Palantir and Databricks' rapid growth, gave compelling proof of robust enterprise AI adoption.
Snowflake's beat rippled across enterprise software, with ServiceNow, Atlassian, Adobe, Intuit, and Salesforce, Inc. (NYSE:CRM) all up 3.5% to 6% on the same day, while the sector-wide iShares Expanded Tech-Software ETF rose 3%.
That Snowflake-driven spike was piled on top of a much bigger adjustment made by Salesforce, Inc. (NYSE:CRM) on its own. The company released its second-quarter fiscal 2027 results on August 26, a week before Snowflake Inc. (NYSE:SNOW), with revenue of $11.35 billion, up 11% year-over-year, with current remaining performance obligations up 14% to $33.5 billion and adjusted EPS of $5.90, exceeding the $3.27 consensus. Along with those results, Salesforce and Anthropic announced Claudeforce, an expanded partnership that initially brings Salesforce data, workflows and business logic directly into Claude through a plugin with 37 prebuilt sales skills. The companies plan additional integrations across Claude, Salesforce and Slack. That said, Salesforce recorded $2.61 billion in net gains on strategic investments during the quarter, which added $2.53 per share to non-GAAP EPS.
Taken together, the two events suggest that enterprise AI adoption can increase the value and consumption of established software platforms when AI is connected to existing corporate data and workflows
#billion #software #data #quarter
Snowflake Inc. (NYSE:SNOW) boosted its fiscal 2027 product revenues target to $6.07 billion from $5.84 billion, following a 37% increase in second-quarter product revenue to $1.49 billion. CEO Sridhar Ramaswamy stated that the company's AI products accounted for around half of that growth acceleration, which ****** ysts took as implying that AI demand is increasing Snowflake's core data platform, instead of just adoption of standalone AI add-ons. UBS ****** yst Karl Keirstead said the figures, together with Palantir and Databricks' rapid growth, gave compelling proof of robust enterprise AI adoption.
Snowflake's beat rippled across enterprise software, with ServiceNow, Atlassian, Adobe, Intuit, and Salesforce, Inc. (NYSE:CRM) all up 3.5% to 6% on the same day, while the sector-wide iShares Expanded Tech-Software ETF rose 3%.
That Snowflake-driven spike was piled on top of a much bigger adjustment made by Salesforce, Inc. (NYSE:CRM) on its own. The company released its second-quarter fiscal 2027 results on August 26, a week before Snowflake Inc. (NYSE:SNOW), with revenue of $11.35 billion, up 11% year-over-year, with current remaining performance obligations up 14% to $33.5 billion and adjusted EPS of $5.90, exceeding the $3.27 consensus. Along with those results, Salesforce and Anthropic announced Claudeforce, an expanded partnership that initially brings Salesforce data, workflows and business logic directly into Claude through a plugin with 37 prebuilt sales skills. The companies plan additional integrations across Claude, Salesforce and Slack. That said, Salesforce recorded $2.61 billion in net gains on strategic investments during the quarter, which added $2.53 per share to non-GAAP EPS.
Taken together, the two events suggest that enterprise AI adoption can increase the value and consumption of established software platforms when AI is connected to existing corporate data and workflows
#billion #software #data #quarter
1 day ago
Patriots-Steelers Broadcast Crew Features Fascinating Family Connection originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
The New England Patriots will receive CBS' top broadcast treatment for their Week 2 home opener against the Pittsburgh Steelers.
Jim Nantz will handle play-by-play alongside new lead ***** yst J.J. Watt, with Tracy Wolfson reporting from the sideline. The ***** ignment creates an especially compelling storyline because Watt will be ***** yzing a game featuring his younger brother, Steelers star T.J. Watt. CBS announced its Week 2 and Week 3 broadcasting ***** ignments Monday, according to The Athletic's Richard Deitsch. Deitsch noted that J.J. Watt remains on the network's No. 1 team, while longtime lead ***** yst Tony Romo was not included on the schedule.
The Patriots will host the Steelers on Sunday, Sept. 20, at 1 p.m. ET at Gillette Stadium. The game will air on CBS.
J.J. Watt will have to ***** yze one of the people he knows best. T.J. Watt remains the centerpiece of Pittsburgh's defense and one of the NFL's most disruptive pass rushers. His matchup with New England's offensive line could become one of the deciding factors in the game.
#lead
The New England Patriots will receive CBS' top broadcast treatment for their Week 2 home opener against the Pittsburgh Steelers.
Jim Nantz will handle play-by-play alongside new lead ***** yst J.J. Watt, with Tracy Wolfson reporting from the sideline. The ***** ignment creates an especially compelling storyline because Watt will be ***** yzing a game featuring his younger brother, Steelers star T.J. Watt. CBS announced its Week 2 and Week 3 broadcasting ***** ignments Monday, according to The Athletic's Richard Deitsch. Deitsch noted that J.J. Watt remains on the network's No. 1 team, while longtime lead ***** yst Tony Romo was not included on the schedule.
The Patriots will host the Steelers on Sunday, Sept. 20, at 1 p.m. ET at Gillette Stadium. The game will air on CBS.
J.J. Watt will have to ***** yze one of the people he knows best. T.J. Watt remains the centerpiece of Pittsburgh's defense and one of the NFL's most disruptive pass rushers. His matchup with New England's offensive line could become one of the deciding factors in the game.
#lead
1 day ago
Hub Group anticipates receiving a delisting notification from Nasdaq following delays in submitting its financial reports, which stemmed from an accounting error identified earlier this year. The company missed a Monday deadline to comply with Nasdaq's financial reporting requirements. It will ask for a hearing to keep its stock listing intact and plans to seek a further extension of the filing requirements.
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
3 days ago
Palo Alto Networks, Inc. (NASDAQ:PANW) is entering its fiscal 2027 with strong momentum, particularly in next-generation security. But investors now demand more from the cybersecurity company after its stock rallied sharply.
On September 7, PhillipCapital downgraded Palo Alto stock to Neutral from Accumulate but raised the price target to $346 from $320.
PhillipCapital's move captures the central investment debate. It's that Palo Alto's opportunities are compelling, but the stock's roughly 160% rise from its February low to its August peak has raised the bar for further gains.
Palo Alto Networks, Inc. (NASDAQ:PANW)'s revenue rose 34% YoY to $3.4 billion in fiscal 2026 fourth quarter. More importantly, Next-Generation Security ARR (NGS ARR) surged 63% to $9.10 billion. The company added nearly $1 billion of net new NGS ARR in the quarter. The company targets $20 billion in NGS ARR by fiscal 2030, as it expects platformization and AI infrastructure investment to continue driving growth.
More than 65% of Palo Alto's NGS ARR comes from platformized customers. Meanwhile, AI is expanding the addressable market. As enterprises deploy agents, Palo Alto offerings such as Prisma AIRS and Cortex, alongside CyberArk's identity-security platform, can address emerging needs.
#palo #company #NASDAQ #PANW
On September 7, PhillipCapital downgraded Palo Alto stock to Neutral from Accumulate but raised the price target to $346 from $320.
PhillipCapital's move captures the central investment debate. It's that Palo Alto's opportunities are compelling, but the stock's roughly 160% rise from its February low to its August peak has raised the bar for further gains.
Palo Alto Networks, Inc. (NASDAQ:PANW)'s revenue rose 34% YoY to $3.4 billion in fiscal 2026 fourth quarter. More importantly, Next-Generation Security ARR (NGS ARR) surged 63% to $9.10 billion. The company added nearly $1 billion of net new NGS ARR in the quarter. The company targets $20 billion in NGS ARR by fiscal 2030, as it expects platformization and AI infrastructure investment to continue driving growth.
More than 65% of Palo Alto's NGS ARR comes from platformized customers. Meanwhile, AI is expanding the addressable market. As enterprises deploy agents, Palo Alto offerings such as Prisma AIRS and Cortex, alongside CyberArk's identity-security platform, can address emerging needs.
#palo #company #NASDAQ #PANW
3 days ago
The Amgen Irish Open at Trump International Doonbeg has turned into a story of resilience and record-breaking golf. While the first round saw players battling wind and rain that made the course play brutally difficult, the second round brought a dramatic shift in fortune. Shane Lowry, the local favorite, didn't just survive the conditions; he absolutely dominated them. After airing his frustration with the slow pace caused by the weather in the opening round, Lowry produced a stunning performance to take the lead. Golf Monthly reports that Lowry shot a record-breaking 62 under much kinder conditions to take the lead at the midpoint. This score puts him two shots clear of the field and sets the stage for a thrilling weekend.
The contrast between the two rounds couldn't be starker. The first day was defined by struggle, with Golf Monthly noting that the brutal conditions contributed to slow play across the property. Players like Lowry had to wait for groups ahead, testing their patience. Yet, when the wind died down, Lowry found his rhythm. He isn't alone in the hunt, however. The chasing pack is packed with talent, including defending champion Rory McIlroy, two-time Major winner Jon Rahm, and Brooks Koepka, all of whom Golf Monthly confirmed will join Lowry in the third round. Joaquin Niemann, the first-round leader, also remains in contention to challenge the Irishman.
While Lowry's score grabs the headlines, the most compelling story of the week might be the rise of Niklas Nørgaard. The Danish golfer has moved into a tie for second place alongside Jacob Skov Olesen and Haotong Li after posting matching 64s, according to europeantour.com. This surge came from a fundamental change in how Nørgaard approached the game, not just better ball-striking. The pressure of competition often weighs heavy, but Nørgaard found a way to lighten the load. A shift in mindset this week earned praise for his caddie, as he disclosed that his coach is actually riding in the bag during this event.
Nørgaard explained his strategy directly to the media, and the result was immediate. Europeantour.com notes that Nørgaard received late applause from spectators after draining a vital putt on the 18th and finishing his round with a closing birdie to enter the chase. His back nine was a blur of birdies, specifically a burst from the 14th to 16th holes that propelled him up the leaderboard. You have to wonder if that mental shift is the only thing standing between him and a ***** le run, considering how tight the field really is.
Other players faced different challenges. Thomas Detry made an albatross at the par-5 10th in the opening round, a rare feat that should have boosted his day. However, he finished the first day with a 74 and ultimately missed the cut, according to Golf Monthly. On the other side of the field, David Puig struggled to find consistency. Following a 71 in the opening round that left him one over par, he posted the exact same score during the second rou
The contrast between the two rounds couldn't be starker. The first day was defined by struggle, with Golf Monthly noting that the brutal conditions contributed to slow play across the property. Players like Lowry had to wait for groups ahead, testing their patience. Yet, when the wind died down, Lowry found his rhythm. He isn't alone in the hunt, however. The chasing pack is packed with talent, including defending champion Rory McIlroy, two-time Major winner Jon Rahm, and Brooks Koepka, all of whom Golf Monthly confirmed will join Lowry in the third round. Joaquin Niemann, the first-round leader, also remains in contention to challenge the Irishman.
While Lowry's score grabs the headlines, the most compelling story of the week might be the rise of Niklas Nørgaard. The Danish golfer has moved into a tie for second place alongside Jacob Skov Olesen and Haotong Li after posting matching 64s, according to europeantour.com. This surge came from a fundamental change in how Nørgaard approached the game, not just better ball-striking. The pressure of competition often weighs heavy, but Nørgaard found a way to lighten the load. A shift in mindset this week earned praise for his caddie, as he disclosed that his coach is actually riding in the bag during this event.
Nørgaard explained his strategy directly to the media, and the result was immediate. Europeantour.com notes that Nørgaard received late applause from spectators after draining a vital putt on the 18th and finishing his round with a closing birdie to enter the chase. His back nine was a blur of birdies, specifically a burst from the 14th to 16th holes that propelled him up the leaderboard. You have to wonder if that mental shift is the only thing standing between him and a ***** le run, considering how tight the field really is.
Other players faced different challenges. Thomas Detry made an albatross at the par-5 10th in the opening round, a rare feat that should have boosted his day. However, he finished the first day with a 74 and ultimately missed the cut, according to Golf Monthly. On the other side of the field, David Puig struggled to find consistency. Following a 71 in the opening round that left him one over par, he posted the exact same score during the second rou
5 days ago
It has been a big Thursday night for Palm Beach County high school football.
High school football results are pouring from Week 4 of the FHSAA regular season as some of the county's best teams faced off on the gridiron.
From West Boca Raton-Cardinal Newman to the Wellington Cup rivalry, there was no shortage of compelling matchups for local football fans to enjoy.
Follow along throughout the night as The Palm Beach Post tracks scores from across the county, including marquee district matchups, rivalry games and key non-district contests. Check back frequently for updates as results come in and the Week 4 scoreboard fills up throughout the night.
Get discount to stream games on NFHS Network
#week
High school football results are pouring from Week 4 of the FHSAA regular season as some of the county's best teams faced off on the gridiron.
From West Boca Raton-Cardinal Newman to the Wellington Cup rivalry, there was no shortage of compelling matchups for local football fans to enjoy.
Follow along throughout the night as The Palm Beach Post tracks scores from across the county, including marquee district matchups, rivalry games and key non-district contests. Check back frequently for updates as results come in and the Week 4 scoreboard fills up throughout the night.
Get discount to stream games on NFHS Network
#week
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0 donations
0.00$
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5 days ago
It has been a big Thursday night for Palm Beach County high school football.
High school football results are pouring from Week 4 of the FHSAA regular season as some of the county's best teams faced off on the gridiron.
From West Boca Raton-Cardinal Newman to the Wellington Cup rivalry, there was no shortage of compelling matchups for local football fans to enjoy.
Follow along throughout the night as The Palm Beach Post tracks scores from across the county, including marquee district matchups, rivalry games and key non-district contests. Check back frequently for updates as results come in and the Week 4 scoreboard fills up throughout the night.
Get discount to stream games on NFHS Network
#Football #school #results
High school football results are pouring from Week 4 of the FHSAA regular season as some of the county's best teams faced off on the gridiron.
From West Boca Raton-Cardinal Newman to the Wellington Cup rivalry, there was no shortage of compelling matchups for local football fans to enjoy.
Follow along throughout the night as The Palm Beach Post tracks scores from across the county, including marquee district matchups, rivalry games and key non-district contests. Check back frequently for updates as results come in and the Week 4 scoreboard fills up throughout the night.
Get discount to stream games on NFHS Network
#Football #school #results
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
7 days ago
Impax ***** et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Verizon Communications Inc. (NYSE:VZ). Verizon Communications Inc. (NYSE:VZ) is a leading telecommunication company that engages in the provision of communications, technology, information, and streaming products and services. On September 04, 2026, Verizon Communications Inc. (NYSE:VZ) closed at $50.14 per share. Over the past month, Verizon Communications Inc. (NYSE:VZ) returned 6.61%, but its shares are up 15.74% over the past year. Verizon Communications Inc. (NYSE:VZ) has a market capitalization of $208.32 billion, and its stock has traded within a 52-week range of $38.39 to $51.68.
Impax US Sustainable Economy Fund stated the following regarding Verizon Communications Inc. (NYSE:VZ) in its Q2 2026 investor letter:
"Verizon Communications Inc. (NYSE:VZ) (Wireless Telecommunication Services, Communication Services) is held for its high Corporate Resilience score and its sustainability opportunity exposure in areas including Digital Infrastructure and Meeting Basic Needs. The stock fell during the quarter as investor focus shifted away from defensive yield plays toward growth and cyclical sectors. Concerns about subscriber churn in a highly competitive wireless market, and the heavy capital expenditure requirements of continued network infrastructure investment, weighed on the share price."
#sustainable
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Verizon Communications Inc. (NYSE:VZ). Verizon Communications Inc. (NYSE:VZ) is a leading telecommunication company that engages in the provision of communications, technology, information, and streaming products and services. On September 04, 2026, Verizon Communications Inc. (NYSE:VZ) closed at $50.14 per share. Over the past month, Verizon Communications Inc. (NYSE:VZ) returned 6.61%, but its shares are up 15.74% over the past year. Verizon Communications Inc. (NYSE:VZ) has a market capitalization of $208.32 billion, and its stock has traded within a 52-week range of $38.39 to $51.68.
Impax US Sustainable Economy Fund stated the following regarding Verizon Communications Inc. (NYSE:VZ) in its Q2 2026 investor letter:
"Verizon Communications Inc. (NYSE:VZ) (Wireless Telecommunication Services, Communication Services) is held for its high Corporate Resilience score and its sustainability opportunity exposure in areas including Digital Infrastructure and Meeting Basic Needs. The stock fell during the quarter as investor focus shifted away from defensive yield plays toward growth and cyclical sectors. Concerns about subscriber churn in a highly competitive wireless market, and the heavy capital expenditure requirements of continued network infrastructure investment, weighed on the share price."
#sustainable
7 days ago
Impax ***** et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Zoetis Inc. (NYSE:ZTS). Zoetis Inc. (NYSE:ZTS), an animal health company focused on animal health medications, vaccines, and diagnostic products, detracted from the Fund's performance during the quarter. On September 04, 2026, Zoetis Inc. (NYSE:ZTS) closed at $75.81 per share. Over the past month, Zoetis Inc. (NYSE:ZTS) returned 1.31%, but its shares are down 50.04% over the past year. Zoetis Inc. (NYSE:ZTS) has a market capitalization of $31.33 billion.
Impax US Sustainable Economy Fund stated the following regarding Zoetis Inc. (NYSE:ZTS) in its Q2 2026 investor letter:
"Zoetis Inc. (NYSE:ZTS) (Pharmaceuticals, Health Care) is owned for its attractive sustainability opportunity profile in areas including Wellbeing and Evolving Health Care Challenge, as well as its strong governance profile. The stock declined sharply in the quarter following a downward revision to near-term earnings guidance. Sales of Librela, the company's key canine arthritis pain management product, continued to face headwinds from safety perception concerns among some veterinarians, and management indicated that the ramp-up of next-generation product launches would extend into the following year."
#economy #Health
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Zoetis Inc. (NYSE:ZTS). Zoetis Inc. (NYSE:ZTS), an animal health company focused on animal health medications, vaccines, and diagnostic products, detracted from the Fund's performance during the quarter. On September 04, 2026, Zoetis Inc. (NYSE:ZTS) closed at $75.81 per share. Over the past month, Zoetis Inc. (NYSE:ZTS) returned 1.31%, but its shares are down 50.04% over the past year. Zoetis Inc. (NYSE:ZTS) has a market capitalization of $31.33 billion.
Impax US Sustainable Economy Fund stated the following regarding Zoetis Inc. (NYSE:ZTS) in its Q2 2026 investor letter:
"Zoetis Inc. (NYSE:ZTS) (Pharmaceuticals, Health Care) is owned for its attractive sustainability opportunity profile in areas including Wellbeing and Evolving Health Care Challenge, as well as its strong governance profile. The stock declined sharply in the quarter following a downward revision to near-term earnings guidance. Sales of Librela, the company's key canine arthritis pain management product, continued to face headwinds from safety perception concerns among some veterinarians, and management indicated that the ramp-up of next-generation product launches would extend into the following year."
#economy #Health
7 days ago
Impax ****** et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Adobe Inc. (NASDAQ:ADBE). Adobe Inc. (NASDAQ:ADBE) is a multinational technology company that offers creative, digital media, and document management products. On September 04, 2026, Adobe Inc. (NASDAQ:ADBE) closed at $266.51 per share. Over the past month, Adobe Inc. (NASDAQ:ADBE) declined 2.36%, but its shares are down 25.69% over the past year. Adobe Inc. (NASDAQ:ADBE) has a market capitalization of $105.94 billion.
Impax US Sustainable Economy Fund stated the following regarding Adobe Inc. (NASDAQ:ADBE) in its Q2 2026 investor letter:
"Adobe Inc. (NASDAQ:ADBE) (Application Software, Information Technology) is held for its high Sustainability Lens opportunity profile across Digital Infrastructure and Education themes and its strong Corporate Resilience score. The stock declined in the quarter following results that, while solid in absolute terms, fell short of the elevated investor expectations that had built over the prior year. Concerns about the pace of monetization from its AI-integrated creative tools, and competitive pressure from lower-cost generative AI platforms, weighed on sentiment and drove a valuation de-rating."
#letter
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Adobe Inc. (NASDAQ:ADBE). Adobe Inc. (NASDAQ:ADBE) is a multinational technology company that offers creative, digital media, and document management products. On September 04, 2026, Adobe Inc. (NASDAQ:ADBE) closed at $266.51 per share. Over the past month, Adobe Inc. (NASDAQ:ADBE) declined 2.36%, but its shares are down 25.69% over the past year. Adobe Inc. (NASDAQ:ADBE) has a market capitalization of $105.94 billion.
Impax US Sustainable Economy Fund stated the following regarding Adobe Inc. (NASDAQ:ADBE) in its Q2 2026 investor letter:
"Adobe Inc. (NASDAQ:ADBE) (Application Software, Information Technology) is held for its high Sustainability Lens opportunity profile across Digital Infrastructure and Education themes and its strong Corporate Resilience score. The stock declined in the quarter following results that, while solid in absolute terms, fell short of the elevated investor expectations that had built over the prior year. Concerns about the pace of monetization from its AI-integrated creative tools, and competitive pressure from lower-cost generative AI platforms, weighed on sentiment and drove a valuation de-rating."
#letter
7 days ago
Impax **** et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Micron Technology, Inc. (NASDAQ:MU) as a material contributor to performance. Micron Technology, Inc. is a leading semiconductor company that manufactures memory and storage products, delivering solutions for a wide range of applications. On September 04, 2026, Micron Technology, Inc. (NASDAQ:MU) closed at $1,016.59 per share. The one-month return of Micron Technology, Inc. (NASDAQ:MU) was 18.07% and its shares gained 673.31% over the past 52 weeks. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $1.15 trillion.
Impax US Sustainable Economy Fund stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2026 investor letter:
"Micron Technology, Inc. (NASDAQ:MU) (Semiconductors, Information Technology) is held for its high Sustainability Lens opportunity profile across Digital Infrastructure, Meeting Basic Needs and Education themes, and carries a strong Corporate Resilience score. The stock surged during the quarter as demand for high-bandwidth memory used in AI training and inference applications accelerated sharply. The data center build-out by hyperscale providers drove a significant uplift to Micron's pricing power and volume outlook, and the company revised its forward guidance meaningfully higher, prompting a sharp re-rating from investors."
#NASDAQ #sustainable #economy #class
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Micron Technology, Inc. (NASDAQ:MU) as a material contributor to performance. Micron Technology, Inc. is a leading semiconductor company that manufactures memory and storage products, delivering solutions for a wide range of applications. On September 04, 2026, Micron Technology, Inc. (NASDAQ:MU) closed at $1,016.59 per share. The one-month return of Micron Technology, Inc. (NASDAQ:MU) was 18.07% and its shares gained 673.31% over the past 52 weeks. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $1.15 trillion.
Impax US Sustainable Economy Fund stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2026 investor letter:
"Micron Technology, Inc. (NASDAQ:MU) (Semiconductors, Information Technology) is held for its high Sustainability Lens opportunity profile across Digital Infrastructure, Meeting Basic Needs and Education themes, and carries a strong Corporate Resilience score. The stock surged during the quarter as demand for high-bandwidth memory used in AI training and inference applications accelerated sharply. The data center build-out by hyperscale providers drove a significant uplift to Micron's pricing power and volume outlook, and the company revised its forward guidance meaningfully higher, prompting a sharp re-rating from investors."
#NASDAQ #sustainable #economy #class
7 days ago
Impax ******* et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD) as a key contributor. Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 04, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $477.57 per share, reflecting a market capitalization of $779.62 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 1.71%, but its shares are up 215.42% over the past year.
Impax US Sustainable Economy Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"Advanced Micro Devices, Inc. (NASDAQ:AMD) (Semiconductors, Information Technology) is held for its attractive sustainability opportunity set, particularly in Digital Infrastructure, and for its high Corporate Resilience score across environmental and governance dimensions. The stock rose substantially in the quarter, driven by strong adoption of its AI-optimized GPU (graphics processing unit) and data center processor products. A series of major partnership announcements with cloud computing providers and continued evidence of market share gains in AI accelerator hardware reinforced investor confidence in the company's multi-year earnings growth trajectory."
#NASDAQ #impax #sustainable #letter
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD) as a key contributor. Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 04, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $477.57 per share, reflecting a market capitalization of $779.62 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 1.71%, but its shares are up 215.42% over the past year.
Impax US Sustainable Economy Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"Advanced Micro Devices, Inc. (NASDAQ:AMD) (Semiconductors, Information Technology) is held for its attractive sustainability opportunity set, particularly in Digital Infrastructure, and for its high Corporate Resilience score across environmental and governance dimensions. The stock rose substantially in the quarter, driven by strong adoption of its AI-optimized GPU (graphics processing unit) and data center processor products. A series of major partnership announcements with cloud computing providers and continued evidence of market share gains in AI accelerator hardware reinforced investor confidence in the company's multi-year earnings growth trajectory."
#NASDAQ #impax #sustainable #letter
7 days ago
Impax ******* et Management, based in London and specializing in sustainable investing, released its Q2 2026 investor letter for the "Impax US Sustainable Economy Fund". The letter can be downloaded here. The US Sustainable Economy portfolio outperformed the Russell 1000 in Q2 2026, with Institutional Class at 17.96%, Investor Class at 17.95%, and Class A at 17.92%, versus the index's 15.14%. Sector allocation and stock selection drove performance. The sustainability tools, including the Impax Sustainability Lens and Corporate Resilience framework, contributed positively. Equity markets rallied, with both the S&P 500 and Nasdaq reaching new highs before retreating. A key trend was rotation into AI and tech stocks, supported by mega-cap earnings and data center investments (US$750bn to US$1tn). In the second half of 2026, markets may remain volatile amid debates on AI adoption pace and economic momentum. However, growth tied to energy security and efficiency remains compelling, with demand for power, grid, and resource-efficient solutions supporting companies that benefit. The team focuses on businesses with strong growth, sound management, and attractive valuations, adjusting holdings as needed. This approach aims to build well-diversified, differentiated portfolios. Also, please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Applied Materials, Inc. (NASDAQ:AMAT) as a notable contributor to performance. Applied Materials, Inc. (NASDAQ:AMAT) provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries. On September 04, 2026, Applied Materials, Inc. (NASDAQ:AMAT) closed at $454.71 per share. Over the past month, Applied Materials, Inc. (NASDAQ:AMAT) declined 12.91%, but its shares are up 180.60% over the past year. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $360.86 billion, and its stock has traded within a 52-week range of $161.75 - $739.67
Impax US Sustainable Economy Fund stated the following regarding Applied Materials, Inc. (NASDAQ:AMAT) in its Q2 2026 investor letter:
"Applied Materials, Inc. (NASDAQ:AMAT) (Semiconductor Equipment, Information Technology) is owned for its Sustainability Lens exposure to Digital Infrastructure and Education themes, and for its high Corporate Resilience score. The stock benefited from a recovery in semiconductor capital expenditure, with leading-edge logic and memory chipmakers restarting investment programs deferred from the prior year. Applied Materials reported strong order intake and revised its full-year guidance upward, reflecting the broad-based nature of the semiconductor equipment recovery."
#NASDAQ #sustainable #economy
In its second-quarter 2026 investor letter, Impax US Sustainable Economy Fund highlighted Applied Materials, Inc. (NASDAQ:AMAT) as a notable contributor to performance. Applied Materials, Inc. (NASDAQ:AMAT) provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries. On September 04, 2026, Applied Materials, Inc. (NASDAQ:AMAT) closed at $454.71 per share. Over the past month, Applied Materials, Inc. (NASDAQ:AMAT) declined 12.91%, but its shares are up 180.60% over the past year. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $360.86 billion, and its stock has traded within a 52-week range of $161.75 - $739.67
Impax US Sustainable Economy Fund stated the following regarding Applied Materials, Inc. (NASDAQ:AMAT) in its Q2 2026 investor letter:
"Applied Materials, Inc. (NASDAQ:AMAT) (Semiconductor Equipment, Information Technology) is owned for its Sustainability Lens exposure to Digital Infrastructure and Education themes, and for its high Corporate Resilience score. The stock benefited from a recovery in semiconductor capital expenditure, with leading-edge logic and memory chipmakers restarting investment programs deferred from the prior year. Applied Materials reported strong order intake and revised its full-year guidance upward, reflecting the broad-based nature of the semiconductor equipment recovery."
#NASDAQ #sustainable #economy
7 days ago
The human rights organization FairSquare has filed another complaint with the FIFA ethics committee against the federation president, Gianni Infantino.
The complaint accuses Infantino of violating the FIFA code of ethics. All of the incidents are linked to United States President Donald Trump, according to the document, excerpts of which have been provided to dpa.
"Taken together, they provide compelling evidence that, in his efforts to curry favour with the US president, the FIFA president has, at the very least, abused his power, violated his duty of political neutrality, and breached his duty of loyalty," the complaint states.
"The evidence that he sought to get personal benefit from this pattern of behaviour further underscores the seriousness of the allegations."
Four of the eight incidents were already included in the complaint that FairSquare filed in December 2025 following the widely criticized awarding of the new FIFA Peace Prize to Trump.
#ethics #incidents
The complaint accuses Infantino of violating the FIFA code of ethics. All of the incidents are linked to United States President Donald Trump, according to the document, excerpts of which have been provided to dpa.
"Taken together, they provide compelling evidence that, in his efforts to curry favour with the US president, the FIFA president has, at the very least, abused his power, violated his duty of political neutrality, and breached his duty of loyalty," the complaint states.
"The evidence that he sought to get personal benefit from this pattern of behaviour further underscores the seriousness of the allegations."
Four of the eight incidents were already included in the complaint that FairSquare filed in December 2025 following the widely criticized awarding of the new FIFA Peace Prize to Trump.
#ethics #incidents
7 days ago
Reuters reported that Solstice Advanced Materials, Inc. (NASDAQ:SOLS) and Element Solutions Inc (NYSE:ESI) mutually agreed to terminate their $14.5 billion merger agreement, the companies said on August 27, citing feedback from shareholders on both sides who preferred each to stay independent. Neither side will pay a termination fee.
Solstice Chairman Rajeev Gautam said the company valued that feedback, including shareholders' "excitement about Solstice's strategy and growth trajectory as an independent company." Solstice's board also authorized its first-ever buyback, up to $500 million, and reaffirmed its recently raised guidance. Solstice shares jumped 15% in after-hours trading, while Element gained 4%. The deal, announced July 6 just 10 months after Solstice's Honeywell spin-off, would have combined Solstice's refrigerants and specialty materials businesses with Element's electronics chemicals operations, paying Element holders $10 cash plus 0.5 Solstice shares per share. The original announcement got a rough welcome: Solstice fell nearly 15% that day, which CEO David Sewell blamed on arbitrage trading, not doubts about the deal.
Both companies continue to perform strongly on their own. Solstice's second-quarter net sales rose 11% to $1.148 billion, and the company raised its full-year sales guidance to $4.125 billion-$4.185 billion. Element delivered an even stronger quarter, with record net sales up 56% to $978 million and full-year adjusted EBITDA guidance raised to $690 million-$710 million.
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) sheds significant deal risk by walking away. The termination removes the financing and merger risks linked to the acquisition and eliminates the need to use the $4.685 billion bridge facility. It also lets Solstice maintain its 1.3x net leverage. Its new $500 million buyback, the company's first ever, also gives Solstice a direct way to return capital to shareholders while it focuses on organic growth.
Element Solutions Inc (NYSE:ESI) also maintains the strengths that its shareholders wanted to preserve. Chairman Ian Ashken said investors valued Element's management team, culture, and existing business portfolio. CEO Benjamin Gliklich said the company's growth remains compelling. Remaining independent allows Element to continue investing in its existing businesses and pursuing its own growth strategy without taking on the risks of a larger combination.
#billion #million #Growth
Solstice Chairman Rajeev Gautam said the company valued that feedback, including shareholders' "excitement about Solstice's strategy and growth trajectory as an independent company." Solstice's board also authorized its first-ever buyback, up to $500 million, and reaffirmed its recently raised guidance. Solstice shares jumped 15% in after-hours trading, while Element gained 4%. The deal, announced July 6 just 10 months after Solstice's Honeywell spin-off, would have combined Solstice's refrigerants and specialty materials businesses with Element's electronics chemicals operations, paying Element holders $10 cash plus 0.5 Solstice shares per share. The original announcement got a rough welcome: Solstice fell nearly 15% that day, which CEO David Sewell blamed on arbitrage trading, not doubts about the deal.
Both companies continue to perform strongly on their own. Solstice's second-quarter net sales rose 11% to $1.148 billion, and the company raised its full-year sales guidance to $4.125 billion-$4.185 billion. Element delivered an even stronger quarter, with record net sales up 56% to $978 million and full-year adjusted EBITDA guidance raised to $690 million-$710 million.
Solstice Advanced Materials, Inc. (NASDAQ:SOLS) sheds significant deal risk by walking away. The termination removes the financing and merger risks linked to the acquisition and eliminates the need to use the $4.685 billion bridge facility. It also lets Solstice maintain its 1.3x net leverage. Its new $500 million buyback, the company's first ever, also gives Solstice a direct way to return capital to shareholders while it focuses on organic growth.
Element Solutions Inc (NYSE:ESI) also maintains the strengths that its shareholders wanted to preserve. Chairman Ian Ashken said investors valued Element's management team, culture, and existing business portfolio. CEO Benjamin Gliklich said the company's growth remains compelling. Remaining independent allows Element to continue investing in its existing businesses and pursuing its own growth strategy without taking on the risks of a larger combination.
#billion #million #Growth
9 days ago
WWE Sunday Night's Main Event took place from State Farm Arena in Atlanta on Sunday night, with Randy Orton pinning Cody Rhodes in the main event. Also on the card, Bronson Reed returned to help Bron Breakker take out Oba Femi, a misstep from Tatum Paxley cost Charlotte Flair their match against Jade Cargill, and Trick Williams was once again crowned United States Champion.
As we march toward Money in the Bank, here's four takeaways from Sunday night in "the A."
In a WrestleMania rematch, Orton and Rhodes picked up right where they left off with a brawl throughout the arena Sunday night. We've seen plenty of "no fighting until the fight" stipulations, but this is the first time I can remember both wrestlers immediately brawling once they were in the ring together to pay off a month's worth of tension.
Orton and Rhodes hit all the high notes, with the duo matching intensities throughout a hard-hitting bout. Rhodes teased the punt to Orton, but once he couldn't pull the trigger, the wily veteran Orton took advantage and found an opening for the win.
I'm really interested to see where we go from here. This story feels similar to what played out in the run-up to WrestleMania, with Rhodes needing to find another gear and using heel-like tactics in the actual match to retain his WWE **** le. It'll be interesting to see what threads these two opt to tug on to make the next chapter in this rivalry compelling.
#orton
As we march toward Money in the Bank, here's four takeaways from Sunday night in "the A."
In a WrestleMania rematch, Orton and Rhodes picked up right where they left off with a brawl throughout the arena Sunday night. We've seen plenty of "no fighting until the fight" stipulations, but this is the first time I can remember both wrestlers immediately brawling once they were in the ring together to pay off a month's worth of tension.
Orton and Rhodes hit all the high notes, with the duo matching intensities throughout a hard-hitting bout. Rhodes teased the punt to Orton, but once he couldn't pull the trigger, the wily veteran Orton took advantage and found an opening for the win.
I'm really interested to see where we go from here. This story feels similar to what played out in the run-up to WrestleMania, with Rhodes needing to find another gear and using heel-like tactics in the actual match to retain his WWE **** le. It'll be interesting to see what threads these two opt to tug on to make the next chapter in this rivalry compelling.
#orton
9 days ago
UFC Hall of Famer Michael Bisping is convinced that Salahdine Parnasse is a legitimate lightweight ***** le contender after his UFC Fight Night 287 debut win.
Bisping was on color commentary Saturday when Parnasse (24-2 MMA, 1-0 UFC) blitzed through Dan Hooker (24-15 MMA, 14-11 UFC) for a first-round TKO at Accor Arena in Paris. The former two-division KSW champion was never in trouble before ending the fight inside three minutes, and now he's another compelling player at 155 pounds.
How far can he go? Based off what Bisping saw from this performance, it's all the way to the top.
"To take out Dan Hooker in the fashion that he did, to do it so quickly, to make it look easy – he just put the entire lightweight division on notice," Bisping said on the UFC Fight Night 287 broadcast. "He's right to call out Max Holloway and talk about the BMF and being the champion and all the rest of it, because that is what he is: He is championship material.
"The French know it. They have another potential champion on their hands. That's crazy what he did to Dan Hooker. You know how tough Dan is. He's been around forever. Yeah, he's won some and lost some, but he's never, never been beaten like that."
#hooker #fight #never #night
Bisping was on color commentary Saturday when Parnasse (24-2 MMA, 1-0 UFC) blitzed through Dan Hooker (24-15 MMA, 14-11 UFC) for a first-round TKO at Accor Arena in Paris. The former two-division KSW champion was never in trouble before ending the fight inside three minutes, and now he's another compelling player at 155 pounds.
How far can he go? Based off what Bisping saw from this performance, it's all the way to the top.
"To take out Dan Hooker in the fashion that he did, to do it so quickly, to make it look easy – he just put the entire lightweight division on notice," Bisping said on the UFC Fight Night 287 broadcast. "He's right to call out Max Holloway and talk about the BMF and being the champion and all the rest of it, because that is what he is: He is championship material.
"The French know it. They have another potential champion on their hands. That's crazy what he did to Dan Hooker. You know how tough Dan is. He's been around forever. Yeah, he's won some and lost some, but he's never, never been beaten like that."
#hooker #fight #never #night
10 days ago
On August 21, Kurt Yinger from DA Davidson initiated his coverage of Everus Construction Group Inc. (NYSE:ECG) with a $168 target price and an upside potential of more than 43%, as of September 4 closing. The **** yst **** igned a Buy rating to the stock based on a highly compelling story that revolves around recent accretive acquisitions, expanding profit margins, lucrative project backlog, and strong order bookings. Kurt anticipated the $295 million Epsilon acquisition to bolster the existing forecasts. Let's explore what fuels this bullish narrative around this specialty contractor.
youssef-abdelwahab-qyzo7TDSVQs-unsplash
Everus finalized its $295 million cash acquisition of Epsilon Industries on September 1. Epsilon is an established designer and manufacturer of mechanical and electrical building infrastructure systems. The transaction was financed using a mix of cash on hand and borrowings under the company's existing credit facilities.
The deal expands Everus' prefabrication and modular construction capabilities, enabling it to cater to high-demand sectors through custom fabrication, design-assist and turnkey installation solutions. These sectors include data centers, advanced manufacturing, and healthcare. Epsilon's numerous strategic centers in the U.S. and Canada will contribute to Everus' nationwide distribution network and augment its current geographic presence within priority growth markets.
By integrating Epsilon's workforce and technical expertise, Everus is well-positioned to meet the increased customer demand, penetrate key end-markets and capitalize on favorable industry trends. With this the company will ultimately reinforce its competitive edge and long-term growth trajectory within the construction sector.
#everus
youssef-abdelwahab-qyzo7TDSVQs-unsplash
Everus finalized its $295 million cash acquisition of Epsilon Industries on September 1. Epsilon is an established designer and manufacturer of mechanical and electrical building infrastructure systems. The transaction was financed using a mix of cash on hand and borrowings under the company's existing credit facilities.
The deal expands Everus' prefabrication and modular construction capabilities, enabling it to cater to high-demand sectors through custom fabrication, design-assist and turnkey installation solutions. These sectors include data centers, advanced manufacturing, and healthcare. Epsilon's numerous strategic centers in the U.S. and Canada will contribute to Everus' nationwide distribution network and augment its current geographic presence within priority growth markets.
By integrating Epsilon's workforce and technical expertise, Everus is well-positioned to meet the increased customer demand, penetrate key end-markets and capitalize on favorable industry trends. With this the company will ultimately reinforce its competitive edge and long-term growth trajectory within the construction sector.
#everus
11 days ago
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If you're looking for a place to keep your money, big national banks and online banks aren't your only options. Mutual banks are depositor-owned financial institutions that operate for the benefit of their customers rather than outside shareholders. That structure can translate to competitive rates, lower fees, and a greater focus on the local community — but there are potential drawbacks, too.
Here's how mutual banks work, their pros and cons, and how to decide whether one is right for you.
Mutual savings banks, or mutual banks, offer all the same accounts you can get at other banks, but they have some fundamental differences. These institutions are owned by customers instead of shareholders, and their main focus is on giving you access to savings accounts and mortgages.
Mutual banks, which represent less than 10% of all financial institutions in the U.S., tend to be small. While they may lack some of the conveniences you get with large banks, such as technology-driven services and vast ATM networks, there are some compelling reasons to switch banks and join a mutual institution:
#banks #owned #savings
If you're looking for a place to keep your money, big national banks and online banks aren't your only options. Mutual banks are depositor-owned financial institutions that operate for the benefit of their customers rather than outside shareholders. That structure can translate to competitive rates, lower fees, and a greater focus on the local community — but there are potential drawbacks, too.
Here's how mutual banks work, their pros and cons, and how to decide whether one is right for you.
Mutual savings banks, or mutual banks, offer all the same accounts you can get at other banks, but they have some fundamental differences. These institutions are owned by customers instead of shareholders, and their main focus is on giving you access to savings accounts and mortgages.
Mutual banks, which represent less than 10% of all financial institutions in the U.S., tend to be small. While they may lack some of the conveniences you get with large banks, such as technology-driven services and vast ATM networks, there are some compelling reasons to switch banks and join a mutual institution:
#banks #owned #savings
11 days ago
WestEnd Capital Management, an investment advisor, released its Q2 2026 investor letter. The letter can be downloaded here. WestEnd Capital Management's Core Strategy achieved a 16.3% net return in the quarter, surpassing the S&P 500's 15.0%. This performance stemmed from strong earnings generators and upward earnings revisions, showcasing U.S. companies' efficiency in converting sales into profits. S&P 500 net profit margins reached a decade-high of 14.8% in Q1 and are expected to remain above 14% in Q2 despite challenges like higher interest rates and geopolitical uncertainty. Technology remains a key focus in WestEnd's portfolio, along with investments in infrastructure, demographic shifts, financial innovation, and selective consumer opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Janus Living, Inc. (NYSE:JAN). Janus Living, Inc. (NYSE:JAN) is the only U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S. publicly traded REIT. On September 2, 2026, Janus Living, Inc. (NYSE:JAN) closed at $30.70 per share. Over the past month, Janus Living, Inc. (NYSE:JAN) returned 5.51%, and its shares are up 27.08% over the three months. Janus Living, Inc. (NYSE:JAN) has a market capitalization of $9.45 billion.
WestEnd Capital Management stated the following regarding Janus Living, Inc. (NYSE:JAN) in its Q2 2026 investor letter:
"Janus Living, Inc. (NYSE:JAN) is one of the nation's largest pure-play owners and operators of senior housing communities. Unlike traditional triple-net REITs that collect fixed lease payments, Janus generates operating income directly from resident rents and service fees. That means the company captures the full operational upside as occupancy and rental rates increase, while also ******* uming the operational risks of running its communities. Because residents pay privately rather than through Medicare or Medicaid reimbursement programs, the business is largely insulated from changes in government reimbursement policy.
The industry's long-term fundamentals remain compelling:
#westend
In its second-quarter 2026 investor letter, WestEnd Capital Management highlighted Janus Living, Inc. (NYSE:JAN). Janus Living, Inc. (NYSE:JAN) is the only U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S. publicly traded REIT. On September 2, 2026, Janus Living, Inc. (NYSE:JAN) closed at $30.70 per share. Over the past month, Janus Living, Inc. (NYSE:JAN) returned 5.51%, and its shares are up 27.08% over the three months. Janus Living, Inc. (NYSE:JAN) has a market capitalization of $9.45 billion.
WestEnd Capital Management stated the following regarding Janus Living, Inc. (NYSE:JAN) in its Q2 2026 investor letter:
"Janus Living, Inc. (NYSE:JAN) is one of the nation's largest pure-play owners and operators of senior housing communities. Unlike traditional triple-net REITs that collect fixed lease payments, Janus generates operating income directly from resident rents and service fees. That means the company captures the full operational upside as occupancy and rental rates increase, while also ******* uming the operational risks of running its communities. Because residents pay privately rather than through Medicare or Medicaid reimbursement programs, the business is largely insulated from changes in government reimbursement policy.
The industry's long-term fundamentals remain compelling:
#westend
11 days ago
Chiefs can take pressure off Patrick Mahomes if this defender steps up originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
This is obviously a huge year for the Kansas City Chiefs. They're trying to come back for a season where they didn't even make the playoffs. That's just not like them, but it happens.
The good news is that quarterback Patrick Mahomes has been rehabbing from his ACL and LCL tear, and should be able to help take this team to where it's used to being: on top. But, he can't do it alone. Sure, it's great for a quarterback to have offensive targets around him to toss to in the heat of the moment, but he needs a good defense, too, to hold points from the other team.
On Friday, Ben Solak of ESPN released a feature with the X-factor for each NFL team going into the new season. For the Chiefs, it's cornerback Nohl Williams.
"Williams isn't just tight in coverage, but he also creates on the ball," Solak says of his abilities, adding that 20% of the player's targets "ended in a pass defensed or interception, well above the league average for outside corners" of 14.3%. He says that this is "compelling evidence that Williams isn't just a sufficient corner, but an impactful one."
#sporting #take #good
This is obviously a huge year for the Kansas City Chiefs. They're trying to come back for a season where they didn't even make the playoffs. That's just not like them, but it happens.
The good news is that quarterback Patrick Mahomes has been rehabbing from his ACL and LCL tear, and should be able to help take this team to where it's used to being: on top. But, he can't do it alone. Sure, it's great for a quarterback to have offensive targets around him to toss to in the heat of the moment, but he needs a good defense, too, to hold points from the other team.
On Friday, Ben Solak of ESPN released a feature with the X-factor for each NFL team going into the new season. For the Chiefs, it's cornerback Nohl Williams.
"Williams isn't just tight in coverage, but he also creates on the ball," Solak says of his abilities, adding that 20% of the player's targets "ended in a pass defensed or interception, well above the league average for outside corners" of 14.3%. He says that this is "compelling evidence that Williams isn't just a sufficient corner, but an impactful one."
#sporting #take #good
11 days ago
The greenback has begun the month with its momentum challenged by the more recent labor data. The August ADP report was 38,000 compared to the 48,000 report that economists expected, and also showed a loss of jobs in manufacturing as well as professional and business services. The report supports signs of cooling hiring, and was lower for Treasury yields. Even with the reports, futures still hint at a 60%–65% likelihood of a rate hike in September by the Fed. Fed Chair Kevin Warsh also kept a hawkish stance at Jackson Hole with his speech, keeping expectations of a rate hike high. Friday's employment data will be the last big report with the potential to change expectations, and a weak report will drop the likelihood of a rate hike.
The euro still supports a firm policy with eurozone inflation reaching 3.3% in August from July's 2.9%. This increase was largely due to the Iran conflict and the resulting energy costs. The markets have priced in the expected 25 basis point increase with the deposit rate most likely to reach 2.50% for this hike. With core inflation reaching 2.4%, a more cautious slow pace of tightening is expected, rather than a prolonged hiking period.
Sterling is facing the harder of the two domestics. Gilt yields for the ten year have reached their highest level since 2007 at 5.294% with energy costs, inflation, and fiscal concerns and spending all reaching a high prior to the October budget. The BoE is still expected to hold Bank Rate at 3.75% in September, but a 25 basis point hike is expected in the coming year at later dates.
The movement of the FX theme for September 3 is expected to be data-dependent. Soft U.S. hiring diminishes the conviction of the Fed Funds rate hike, and the ECB retains the most compelling case for forward tightening. In the meantime, fiscal stress is holding back GBP, despite higher than desired inflation.
For September 3, the FX theme appears to be increasingly data dependent. Soft U.S. hiring diminishes the conviction of the Fed Funds rate hike, and the ECB maintains the most persuasive case for front-running tightening.
#hike #expected #inflation #reaching
The euro still supports a firm policy with eurozone inflation reaching 3.3% in August from July's 2.9%. This increase was largely due to the Iran conflict and the resulting energy costs. The markets have priced in the expected 25 basis point increase with the deposit rate most likely to reach 2.50% for this hike. With core inflation reaching 2.4%, a more cautious slow pace of tightening is expected, rather than a prolonged hiking period.
Sterling is facing the harder of the two domestics. Gilt yields for the ten year have reached their highest level since 2007 at 5.294% with energy costs, inflation, and fiscal concerns and spending all reaching a high prior to the October budget. The BoE is still expected to hold Bank Rate at 3.75% in September, but a 25 basis point hike is expected in the coming year at later dates.
The movement of the FX theme for September 3 is expected to be data-dependent. Soft U.S. hiring diminishes the conviction of the Fed Funds rate hike, and the ECB retains the most compelling case for forward tightening. In the meantime, fiscal stress is holding back GBP, despite higher than desired inflation.
For September 3, the FX theme appears to be increasingly data dependent. Soft U.S. hiring diminishes the conviction of the Fed Funds rate hike, and the ECB maintains the most persuasive case for front-running tightening.
#hike #expected #inflation #reaching
12 days ago
Brandon Lowe and Yordan Alvarez didn't hit home runs yesterday. As a result, the season's record for best home run bets slid to 21-84, with three no-bets. Hitting on long-shot bets is challenging, and that's reflected in the season's record for home run props.
Unfortunately, the two losses yesterday drained the middling profits. Anyone who bet $100 on each of this year's touted home run props is down $146, which is a disappointing outcome for grinding them all season.
Gamblers must have a short memory with losing bets and avoid holding grudges against players who failed to deliver a winning bet. Today's suggestions for the best home run bets are a perfect example of short memory. For the first time all season, I'm suggesting home run props for the same players as in the previous article. Lowe and Alvarez have favorable matchups and compelling betting odds for their home run props. Thus, they get the nod for the best home run props on Friday.
Over 0.5 Home Runs (+420) at FanDuel Sportsbook
Brandon Lowe has hit 23 of his 29 home runs this year against right-handed pitching, popping 15 at home and nine at home against righties. In four plate appearances yesterday, Lowe walked once and had flyouts on his three batted ******* . It's disappointing he didn't hit a home run yesterday, but he had no problem lifting the ball.
#lowe #didn 't
Unfortunately, the two losses yesterday drained the middling profits. Anyone who bet $100 on each of this year's touted home run props is down $146, which is a disappointing outcome for grinding them all season.
Gamblers must have a short memory with losing bets and avoid holding grudges against players who failed to deliver a winning bet. Today's suggestions for the best home run bets are a perfect example of short memory. For the first time all season, I'm suggesting home run props for the same players as in the previous article. Lowe and Alvarez have favorable matchups and compelling betting odds for their home run props. Thus, they get the nod for the best home run props on Friday.
Over 0.5 Home Runs (+420) at FanDuel Sportsbook
Brandon Lowe has hit 23 of his 29 home runs this year against right-handed pitching, popping 15 at home and nine at home against righties. In four plate appearances yesterday, Lowe walked once and had flyouts on his three batted ******* . It's disappointing he didn't hit a home run yesterday, but he had no problem lifting the ball.
#lowe #didn 't
12 days ago
Jakob Ingebrigtsen admits he is "a long way" from the level that he expects. The maverick Norwegian made a dramatic return to racing at the European Championships in Birmingham, storming to 5,000m gold to banish skepticism surrounding his condition and his nerve to compete on the big stage following a 323-day absence after a debilitating Achilles injury.
Athletics is a star-driven sport and the 1,500m, among its most compelling events, alongside the women's 800m, depends on head-to-head duels when records, such as Josh Kerr's captivating tilt at the one mile mark in London, are not at stake.
The two great rivals, who were famously caught snoozing in Paris two years ago as Cole Hocker slipped up the inside of the rail to ***** gold, continue to bristle at each other's journeys away from the track.
Ingebrigtsen's command and control across 5,000m is mesmerising, but even if Kerr was merely provocative in his claim that "no one cares" about that event, the pure chaos of the 1,500m reigns and its former Nordic king knows all too well.
"I think a lot of people should be [disappointed in Kerr's absence from some championships]," Ingebrigtsen had remarked. "Because that is what championships are all about. It's not for us as athletes to choose almost where to participate. We have these championships for a reason, and that is for the best athletes to compete - that is the whole point.
#jakob
Athletics is a star-driven sport and the 1,500m, among its most compelling events, alongside the women's 800m, depends on head-to-head duels when records, such as Josh Kerr's captivating tilt at the one mile mark in London, are not at stake.
The two great rivals, who were famously caught snoozing in Paris two years ago as Cole Hocker slipped up the inside of the rail to ***** gold, continue to bristle at each other's journeys away from the track.
Ingebrigtsen's command and control across 5,000m is mesmerising, but even if Kerr was merely provocative in his claim that "no one cares" about that event, the pure chaos of the 1,500m reigns and its former Nordic king knows all too well.
"I think a lot of people should be [disappointed in Kerr's absence from some championships]," Ingebrigtsen had remarked. "Because that is what championships are all about. It's not for us as athletes to choose almost where to participate. We have these championships for a reason, and that is for the best athletes to compete - that is the whole point.
#jakob
12 days ago
Cisco (CSCO) rates BUY with a $134 price target, backed by $9.3 billion in hyperscale AI orders and 40% Q4 networking order growth.
Cisco's 21x forward P/E makes it the value standout versus Arista (ANET) near 70x trailing and HPE weighed down by acquisition charges.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Cisco Systems (NASDAQ:CSCO) has quietly become one of the most important names in the AI infrastructure buildout, yet trades like a legacy networking vendor. With $9.3 billion in FY2026 hyperscale AI orders and management guiding to $7.5 billion in AI infrastructure revenue in FY2027, the setup for the next twelve months looks compelling.
Our 24/7 Wall St. price target for Cisco is $134.21, roughly 21.47% above the recent close of $110.49. Our recommendation is buy, with a high confidence rating of 90%.
#cisco #Networking
Cisco's 21x forward P/E makes it the value standout versus Arista (ANET) near 70x trailing and HPE weighed down by acquisition charges.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Cisco Systems (NASDAQ:CSCO) has quietly become one of the most important names in the AI infrastructure buildout, yet trades like a legacy networking vendor. With $9.3 billion in FY2026 hyperscale AI orders and management guiding to $7.5 billion in AI infrastructure revenue in FY2027, the setup for the next twelve months looks compelling.
Our 24/7 Wall St. price target for Cisco is $134.21, roughly 21.47% above the recent close of $110.49. Our recommendation is buy, with a high confidence rating of 90%.
#cisco #Networking
12 days ago
This story was originally published on QSR. To receive daily news and insights, subscribe to our free daily QSR AM Jolt.
For many years, franchising rewarded momentum. A compelling concept, solid unit growth, and a polished sales presentation were often enough to attract development interest.
Not anymore.
As inflation, higher labor costs, tighter lending standards, and shifting regulations reshaped the operating environment over the past year, prospective franchisees have become far more selective about where they invest. Excitement still matters, but it no longer closes the deal on its own.
"The past year has really acted as a stress test, and not everyone passed," says Liane Caruso, owner of ****** oCMO and cofounder of Franchise ****** embly. "The brands that held up were the ones with lean, simple operations and realistic unit economics built for normal conditions."
#jolt #liane #franchise #assembly
For many years, franchising rewarded momentum. A compelling concept, solid unit growth, and a polished sales presentation were often enough to attract development interest.
Not anymore.
As inflation, higher labor costs, tighter lending standards, and shifting regulations reshaped the operating environment over the past year, prospective franchisees have become far more selective about where they invest. Excitement still matters, but it no longer closes the deal on its own.
"The past year has really acted as a stress test, and not everyone passed," says Liane Caruso, owner of ****** oCMO and cofounder of Franchise ****** embly. "The brands that held up were the ones with lean, simple operations and realistic unit economics built for normal conditions."
#jolt #liane #franchise #assembly
13 days ago
Naomi Watts and Kai Schreiber are making a compelling case against matching mother-daughter wardrobes. In Simkhai's fall 2026 campaign, there are no coordinated outfits or deliberately twinning styling moments, as one might expect from a fashionable family affair. Instead, Watts and Schreiber bring their own distinct identities to the collection—one polished and timeless, the other edgier and more eclectic.
Photographed by Mikael Jansson and styled by Camilla Nickerson, this marks Watts and Schreiber's first campaign together. (The wider cast includes Malcolm McRae, Sage Elsesser, Awar Odhiang, and Betsy Gaghan.) For creative director Jonathan Simkhai, bringing mother and daughter into the same fashion universe was a way to show how his clothes can translate across generations. "I have long been a fan of Naomi both on and off screen," he tells ELLE. "She has a timeless sense of style that feels effortless yet intentional."
As for bringing Schreiber into the fold, he adds, "I have been following Kai's modeling career and thought it would be such a great moment to ask both Naomi and Kai to take part in the campaign shoot—I can't think of a better way to showcase how Simkhai can be worn by different generations of inspiring women."
Kai Schreiber in Simkhai's fall 2026 campaign.Mikael Jansson
As it turns out, clothes already move pretty freely between those two generations in the Watts-Schreiber household. Watts tells me that Schreiber has recently begun digging through pieces she saved from the late '90s and early aughts—and Watts has started borrowing from her daughter's growing handbag collection, too. There is, however, one glaring hole in the family archive: "I got rid of all my low-slung waisted jeans," Watts says, "which she's so annoyed about."
#naomi #mother
Photographed by Mikael Jansson and styled by Camilla Nickerson, this marks Watts and Schreiber's first campaign together. (The wider cast includes Malcolm McRae, Sage Elsesser, Awar Odhiang, and Betsy Gaghan.) For creative director Jonathan Simkhai, bringing mother and daughter into the same fashion universe was a way to show how his clothes can translate across generations. "I have long been a fan of Naomi both on and off screen," he tells ELLE. "She has a timeless sense of style that feels effortless yet intentional."
As for bringing Schreiber into the fold, he adds, "I have been following Kai's modeling career and thought it would be such a great moment to ask both Naomi and Kai to take part in the campaign shoot—I can't think of a better way to showcase how Simkhai can be worn by different generations of inspiring women."
Kai Schreiber in Simkhai's fall 2026 campaign.Mikael Jansson
As it turns out, clothes already move pretty freely between those two generations in the Watts-Schreiber household. Watts tells me that Schreiber has recently begun digging through pieces she saved from the late '90s and early aughts—and Watts has started borrowing from her daughter's growing handbag collection, too. There is, however, one glaring hole in the family archive: "I got rid of all my low-slung waisted jeans," Watts says, "which she's so annoyed about."
#naomi #mother
16 days ago
Motley Fool Rule Breakers first recommended Nvidia (NASDAQ: NVDA) at a split-adjusted price of $0.16 in April 2005. Our Breakers team recommended it again in 2009 at $0.39. Since then, we've made more than 30 investments and recommendations across The Motley Fool.
Very few public companies deserve to be held for 20+ years. And getting just a few of these right can transform the financial lives of Fools. Thank you, Nvidia.
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 »
Nvidia reported second-quarter earnings on Wednesday, and the stock is up 7% since. Revenue grew 106% year over year, the fourth straight quarter of acceleration. Nvidia also locked in hundreds of billions of dollars of memory and advanced packaging through 2032.
The valuation remains compelling: Nvidia is worth $5.5 trillion, but it also trades at a forward P/E ratio in the low 20s. That's well below market averages.
Management has developed a cash machine: Take just one of Amazon's (NASDAQ: AMZN) planned buildouts; it could require 2 million Nvidia chips! Nvidia's CFO Colette Kress expects the top five hyperscalers to spend nearly $800 billion on capital spending in 2026. In 2027? Over $1.3 trillion.
#NVIDIA
Very few public companies deserve to be held for 20+ years. And getting just a few of these right can transform the financial lives of Fools. Thank you, Nvidia.
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 »
Nvidia reported second-quarter earnings on Wednesday, and the stock is up 7% since. Revenue grew 106% year over year, the fourth straight quarter of acceleration. Nvidia also locked in hundreds of billions of dollars of memory and advanced packaging through 2032.
The valuation remains compelling: Nvidia is worth $5.5 trillion, but it also trades at a forward P/E ratio in the low 20s. That's well below market averages.
Management has developed a cash machine: Take just one of Amazon's (NASDAQ: AMZN) planned buildouts; it could require 2 million Nvidia chips! Nvidia's CFO Colette Kress expects the top five hyperscalers to spend nearly $800 billion on capital spending in 2026. In 2027? Over $1.3 trillion.
#NVIDIA
17 days ago
NexGen Energy Ltd. (NYSE:NXE) is making waves after CEO Leigh Curyer revealed active talks with mining giant BHP Group Limited (NYSE:BHP) on August 17 regarding a potential equity stake and financing for its flagship Rook I project in Saskatchewan. Having just broken ground on construction for what is slated to be one of the world's largest, lowest-cost uranium mines, NexGen is seeking to raise $1 billion in capital over the next nine months through prepayments, debt, or direct equity. The partnership discussion underscores growing institutional interest, but a side-by-side look at the financial health of both companies shows two fundamentally different investment propositions.
Photo from PBF Energy LinkedIn
NexGen Energy Ltd. (NYSE:NXE) represents a development-stage uranium exploration and development company with no commercial mining revenue. In Q2 2026, NexGen posted a net income of $74.55 million CAD (driven primarily by a non-cash mark-to-market gain of $96.47 million CAD on its convertible debentures), reversing a net loss of $86.69 million CAD in Q2 2025. The company maintains significant liquidity, holding $756.17 million CAD in cash alongside $214.08 million CAD in short-term investments as of June 30, 2026, for total cash and short-term investments of $970.25 million CAD. While its absence of operational revenues makes standard earnings metrics non-applicable, its **** et backing and project economics remain compelling.
In stark contrast, BHP Group Limited (NYSE:BHP) delivered a record operational year in FY2026, showcasing massive profitability across its global operations. BHP reported underlying EBITDA of $33 billion, up 27% year-over-year, achieving an overall margin of nearly 60%, driven by a record 70% margin in its copper business. Free cash flow surged 83% to $9.8 billion, allowing BHP to distribute a total annual dividend of $1.72 per share ($8.7 billion total) at a robust 66% payout ratio. BHP also slashed net debt to below $9 billion, more than $4 billion lower than the previous year, giving it huge financial flexibility to self-fund its $11 billion annual capex pipeline. Financially, BHP is far superior in stability, balance sheet strength, and immediate cash generation, whereas NexGen's value relies entirely on future execution.
NexGen Energy's bull case is centered on the successful construction of its Rook I project, which could give the company control over up to 20% of global primary uranium supply. Securing an equity partner such as BHP or obtaining utility prepayments could also help close its approximately $1 billion funding gap and significantly reduce project financing risk. However, the bear case is driven by the risks inherent in large-scale mining projects in remote northern regions, including unexpected capital cost overruns, construction delays, and regulatory hurdles. Additional equity raises could also dilute existing shareholders before the mine begins production.
#nexgen
Photo from PBF Energy LinkedIn
NexGen Energy Ltd. (NYSE:NXE) represents a development-stage uranium exploration and development company with no commercial mining revenue. In Q2 2026, NexGen posted a net income of $74.55 million CAD (driven primarily by a non-cash mark-to-market gain of $96.47 million CAD on its convertible debentures), reversing a net loss of $86.69 million CAD in Q2 2025. The company maintains significant liquidity, holding $756.17 million CAD in cash alongside $214.08 million CAD in short-term investments as of June 30, 2026, for total cash and short-term investments of $970.25 million CAD. While its absence of operational revenues makes standard earnings metrics non-applicable, its **** et backing and project economics remain compelling.
In stark contrast, BHP Group Limited (NYSE:BHP) delivered a record operational year in FY2026, showcasing massive profitability across its global operations. BHP reported underlying EBITDA of $33 billion, up 27% year-over-year, achieving an overall margin of nearly 60%, driven by a record 70% margin in its copper business. Free cash flow surged 83% to $9.8 billion, allowing BHP to distribute a total annual dividend of $1.72 per share ($8.7 billion total) at a robust 66% payout ratio. BHP also slashed net debt to below $9 billion, more than $4 billion lower than the previous year, giving it huge financial flexibility to self-fund its $11 billion annual capex pipeline. Financially, BHP is far superior in stability, balance sheet strength, and immediate cash generation, whereas NexGen's value relies entirely on future execution.
NexGen Energy's bull case is centered on the successful construction of its Rook I project, which could give the company control over up to 20% of global primary uranium supply. Securing an equity partner such as BHP or obtaining utility prepayments could also help close its approximately $1 billion funding gap and significantly reduce project financing risk. However, the bear case is driven by the risks inherent in large-scale mining projects in remote northern regions, including unexpected capital cost overruns, construction delays, and regulatory hurdles. Additional equity raises could also dilute existing shareholders before the mine begins production.
#nexgen
17 days ago
The Baltimore Ravens have waived undrafted rookie cornerback Lardarius Webb Jr. as they continue trimming their roster, according to Brian Wacker of The Baltimore Sun.
Webb's arrival in Baltimore created one of the Ravens' most compelling offseason stories. His father, Lardarius Webb Sr., spent his entire nine-year NFL career with the organization, recorded 15 interceptions and helped Baltimore win Super Bowl XLVII.
The younger Webb signed with the Ravens after completing his college career at Wake Forest. He recorded 36 tackles, two tackles for loss, one sack and seven pass breakups during his final college season.
Webb continued making plays during the preseason despite limited opportunities. The 5-foot-9, 177-pound cornerback finished with two solo tackles, one forced fumble and one pass breakup. His ability to play outside, in the slot and on special teams gave him some positional flexibility.
Baltimore's depth at cornerback created a difficult path to the initial 53-man roster. Nate Wiggins, Marlon Humphrey and Chidobe Awuzie lead the group, while T.J. Tampa, Bilhal Kone, Keyon Martin and fifth-round rookie Chandler Rivers entered the final weekend competing for reserve roles.
#tackles #roster
Webb's arrival in Baltimore created one of the Ravens' most compelling offseason stories. His father, Lardarius Webb Sr., spent his entire nine-year NFL career with the organization, recorded 15 interceptions and helped Baltimore win Super Bowl XLVII.
The younger Webb signed with the Ravens after completing his college career at Wake Forest. He recorded 36 tackles, two tackles for loss, one sack and seven pass breakups during his final college season.
Webb continued making plays during the preseason despite limited opportunities. The 5-foot-9, 177-pound cornerback finished with two solo tackles, one forced fumble and one pass breakup. His ability to play outside, in the slot and on special teams gave him some positional flexibility.
Baltimore's depth at cornerback created a difficult path to the initial 53-man roster. Nate Wiggins, Marlon Humphrey and Chidobe Awuzie lead the group, while T.J. Tampa, Bilhal Kone, Keyon Martin and fifth-round rookie Chandler Rivers entered the final weekend competing for reserve roles.
#tackles #roster
