Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week.
The former OpenAI researcher became famous for a 2024 essay arguing that AI could reach human-level intelligence by 2027. He built an investment business around that belief, backing companies supplying the computing capacity and electricity AI needs.
July exposed how dangerous that bet had become. Borrowed money magnified falling share prices, triggering demands for cash the fund could not meet. **** ets shrank from a peak above $45 billion to roughly $10 billion, according to CNBC.
Ken Griffin's Citadel bought distressed holdings at a discount. Situational Awareness kept private investments, including Anthropic. The SEC later subpoenaed Wall Street banks over their dealings with the fund. The reported inquiry carried no allegation of wrongdoing.
His return uses call options: contracts that let buyers purchase shares at a fixed price before a deadline. When paid for upfront without borrowing, their losses are capped at the purchase cost. That entire amount can still disappear if the options expire worthless.

#bought #call

Ravens news: Lamar Jackson, the NFL's first $70 million QB? Insider thinks it's possible appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Plenty of superstar quarterbacks garner massive contracts as some of the best players in the NFL. Baltimore Ravens star Lamar Jackson may be on pace to make history with his next contract later down the line.
Jackson is starting the ninth year of his career with the Ravens. He dominates on the field as one of the best players in the league, often having Baltimore in serious playoff contention.
Jackson is secure under his current contract, ending after the 2027 season concludes. NFL insider Jeremy Fowler discussed Jackson's contract situation, bringing up the idea that a $70 million contract will be on the table for the superstar quarterback.
Watch sports LIVE with fuboTV (free trial)

#Ravens #lamar #clutchpoints

Extreme weather is creating a more demanding environment for property owners, insurers, and communities. According to the National Centers for Environmental Information (NCEI), the United States recorded 27 confirmed billion-dollar weather and climate disasters in 2024, resulting in a total cost of $182.7 billion. These events spanned a wide range of extremes, including severe storm events, tropical cyclones, wildfires, drought/heat waves, and winter storm/cold wave events. Over the last decade, ***** ulative losses from these disasters have exceeded $1.4 trillion, driven significantly by population growth, material wealth, and increased development in hazard-prone areas. These figures suggest that the financial consequences of extreme events may increasingly depend on how accurately the value of exposed property is understood before a loss occurs.
That question becomes especially consequential during reconstruction. A 2026 report from Bloomberg, featured in Claims Journal, noted that surveys conducted by United Policyholders since 2007 found an average of two-thirds of wildfire survivors reporting that they were underinsured, with an average shortfall of $200,000 or more. The Insurance Information Institute has similarly estimated that two-thirds of American homeowners may be underinsured for wildfire losses, typically by about 20%, and in some cases by as much as 60%. These findings illustrate how the presence of an insurance policy can still leave a substantial difference between available coverage and the resources required to rebuild, particularly when construction costs rise after a catastrophe.
The financial implications can extend across the broader insurance ecosystem. Aon's 2026 Climate and Catastrophe Insight reported approximately $260 billion in global economic losses from natural catastrophes during 2025, compared with $127 billion in insured losses. For property stakeholders, such a figure may place greater attention on the relationship between the value ***** igned to an ***** et, the cost of restoring it, and the capital available when a loss occurs.
Frequency can add another layer to that calculation. Data from NCEI indicate that the average interval between U.S. billion-dollar disaster events was approximately 16 days during 2020–2024, compared with 82 days during the 1980s. NCEI notes that shorter intervals can leave less time and fewer resources for response, recovery, and preparation for subsequent events. As the time between major events contracts, property valuations may require more frequent attention because construction costs, labor conditions, materials, and local economic circumstances can change between policy reviews.

#property #losses #insurance #information

CrowdStrike (CRWD) stock rose about 97% over the past year, against 18% for the S&P 500, as growth in the recurring revenue it adds each quarter sped up. Management was forecasting that speed-up by March 2025 and named one mechanism: Falcon Flex customers using up their contracts early and coming back for more. The direction was public. The size of the fiscal 2027 speed-up was not.
How Early Did CrowdStrike Forecast The Speed-Up?
The earliest sign came with the fiscal Q4 2025 report in March 2025. After its July 19 outage, CrowdStrike had given affected clients customer commitment packages, mostly extra product and Falcon Flex subscriptions. The CEO said that uptake underpinned an expected speed-up in net new annual recurring revenue (ARR) in the second half of fiscal 2026. He added that Flex demand plans were running ahead of schedule and expected contracts to be upsized and renewed. The CFO expected more acceleration in fiscal 2027.
The fiscal Q1 2026 report in early June 2025 put numbers on the mechanism: 39 Flex customers had deployed initial plans signed for 35 months on average and came back for more within five months, a step the company calls a reflex.
What Could You See Just Before The Run Began?

#speed #crowdstrike

On September 8, a caller inquired if Trinity Industries, Inc. (NYSE:TRN) is worth looking at after its recent pullback. Mad Money host Jim Cramer replied:
Yes, Railcar, shouldn't be down this much. I like your thinking. You waited for the big hit. Now, it's in a good place. I would pull the trigger.
Trinity Industries, Inc. (NYSE:TRN) has faced a sharp correction, pulling back significantly from its 52-week high of $38.31. Despite this downward pressure, the company's fundamental **** et base remains exceptionally stable. In its second-quarter earnings report, the company posted total revenues of $485 million and diluted earnings per share from continuing operations of $1.25, with earnings benefiting from a $132 million non-cash pre-tax gain tied to the Napier Park railcar partnership transaction.
The leasing and services segment continues to support the business, posting a robust fleet utilization rate of 97.3% and an improved lease renewal success rate of 75%. In addition, the Future Lease Rate Differential improved to +3.5%, showing healthy pricing power on expiring contracts. Management reaffirmed its full-year EPS guidance of $2.20 to $2.40, supported by a solid railcar backlog standing at $1.6 billion.
The primary catalyst for Trinity Industries, Inc.'s (NYSE:TRN) recent sell-off stems from margin compression within the Rail Products manufacturing division. Operating margins in manufacturing faced pressure from an unplanned production interruption at the Longview manufacturing facility and temporary realignment expenses tied to the company's Mexican footprint. These localized execution issues overshadowed a strong quarterly performance in leasing, causing the stock to drift below both its 50-day and 200-day moving average.

#trinity

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An option contract's price rarely moves for just one reason. The stock shifts, time keeps passing, expectations for volatility rise and fall, and interest rates maintain their influence in the background. All of that gets folded into the cost of the contract, known as its premium. This makes it hard to tell which force actually moved the number on your screen.
The options Greeks can help you solve that problem. Each one estimates how an option's value would respond to a change in one input, such as the stock price, time, or volatility, with the others held constant.
Let's follow a real contract to see how. Nvidia (NVDA) is one of the most actively traded stocks in the options market, which makes its chain a useful place to watch these numbers work. The stock was trading at $212.26 at the time, so we picked a $215 call expiring in 29 days.
Explore options contracts with AlphaSpace

#options #volatility #contract #disclosure

The Detroit Lions now have a substantial cushion in terms of financial stability heading into their first game of the 2026 campaign. This will allow Brad Holmes and the rest of the front office more flexibility in whatever direction they see fit whether that is in-season moves or in preparation for the contracts they will need to negotiate next offseason.
But it is also an indicator of how much faith the team has put into their top two players. Amon-Ra St. Brown and Penei Sewell have each restructured their contracts without changing how vital they are to the squad.
Detroit Lions wide receiver Amon-Ra St. Brown (14) practices during mini camp at Meijer Performance Center in Allen Park on Wednesday, June 17, 2026.
The Lions have restructured the contracts of wideout Brown and offensive tackle Sewell, creating about $35.6 million in salary cap ***** e, per Spotrac. The news was announced on September 12, just one day ahead of the Lions' season opener against the New Orleans Saints.
Lions restructure contracts of Amon-Ra St. Brown and Penei Sewell; create $35.6M in salary cap ***** e, per spotrac.

#brown #detroit #season #restructured

NBA rookies can sign contracts worth millions before they receive their first regular paycheck. The number on a rookie deal may grab attention, but the timing of those payments works very differently from what many fans **** ume.
Draymond Green recently explained how NBA players receive their salaries and why rookies can face a long wait before their first check. The system also allows players to negotiate how some of that money reaches them.
Green said NBA players are normally paid twice each month, but rookies enter the league under a different timeline. Their contracts can include an advance before the regular salary schedule begins, which gives new players some access to their earnings during that gap.
Apr 10, 2026; Sacramento, California, USA; Golden State Warriors forward Draymond Green (23) gestures toward the Sacramento Kings bench during the third quarter at Golden 1 Center. Mandatory Credit: Robert Edwards-Imagn Images
"Most people are paid every 1st and the 15th all year, an NBA rookie can take an advance up to 15% of their salary once they're signed," Green said. "What you should understand about rookies is the rookies don't get their 1st paycheck till November 15th, a month and a half into the season."

#rookies #draymond #sacramento #first

Soybeans were in rally mode on Thursday, with contracts 13 to 22 cents higher across most contracts. The cmdtyView national average Cash Bean price was up 22 1/2 cents at $12.74 ½. Soymeal futures saw gains of $2.30 to $5.50, as Soy Oil rallied 102 to 135 points.
USDA reported private export sale announcements of 272,000 MT of soybeans to China for 2026/27 and 206,500 MT of 2026/27 beans to unknown destinations this morning. Weekly Export Sales data will be out on Friday morning, with ****** ysts surveyed by Reuters looking for no sales to net cancellations of 500,000 MT for 2025/26 soybeans. New crop sales are seen in a range of 1 to 2.6 MMT in the week of September 3. Soybean meal sales are expected to be in a range of 150,000 to 950,000 MT, with 0 to 12,000 MT
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
Sugar Prices Climb as Crude Oil Soars
Can Soybeans Remain in the Teens?

#export #cash

Mexico's government is slashing financial ******* istance for the state energy major by as much as 70% despite Pemex's continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran.
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.

#PEMEX #government #scheinbaum #since

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) reported on September 7 that it averaged 101 revenue-earning drilling rigs in the United States during August and 100 over the two months ended August 31.
The count measures rigs earning revenue under drilling contracts. The announcement provided no day rates, contract duration, utilization by rig class, or margins. Management explicitly cautioned that rig-count trends alone may not indicate financial performance.
For investors, the update supplies evidence that customers are putting equipment to work. Whether that activity produces better returns depends on the revenue earned and costs incurred for each contracted rig.
The two-month average is consistent with management's earlier outlook for approximately 100 U.S. rigs in the third quarter, compared with 92 in the second quarter. That supports an activity recovery from the prior quarter, although September will determine the final quarterly average.
There is also pricing evidence outside the monthly release. In its July 29 results, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) said recently awarded term contracts carried approximately 10% to 15% higher pricing than levels at the start of the year. Management attributed that improvement to higher demand and customer interest in structural rig upgrades. Those increases applied to recently awarded contracts, rather than the entire fleet.

#rigs #energy #pten

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed record-breaking results to a 'stellar' market environment where geopolitical tensions, specifically the closure of the Strait of Hormuz, have significantly increased ton-mile dislocation.
The company is executing a massive $3.1 billion fleet renewal program involving 26 newbuildings, with management noting that these ****** ets have already appreciated by approximately 30% since contracting.
Strategic positioning focuses on a 'balanced' model, using fixed-rate charters to cover all-in break-even costs while utilizing spot and profit-sharing contracts to capture market upside.
Management highlighted an unprecedented appetite from major oil companies, who are now seeking long-term charters of up to 7 years for vessels aged 10 years or younger.

#management #years #hormuz

Pampa Energía S.A. (NYSE:PAM) is seeking investors for a potential data center near its Loma de la Lata power plant in Patagonia. Investors favor a 20-to-40-MW pilot, with potential electricity demand reaching up to 500 MW after expansion. Electrical infrastructure for the full concept could cost almost $900 million, according to a September 7 Reuters report.
The Reuters report did not identify an anchor customer, committed financing, or a final investment decision. The electrical estimate does not establish the total development budget or the amount Pampa Energía S.A. (NYSE:PAM) would invest. Those distinctions matter when ****** sing the potential shareholder return.
Pampa Energía S.A. (NYSE:PAM) could turn proximity to generation and gas resources into a commercial advantage. Locating computing demand beside an energy complex offers a starting point for coordinating fuel supply, power delivery, and future expansion.
The attraction for shareholders would be dependable electricity sales under contracts that compensate Pampa Energía S.A. (NYSE:PAM) for the infrastructure and operating risks it ****** umes. A customer with strong credit and a long-term commitment could improve revenue visibility and support financing.
Pampa Energía S.A. (NYSE:PAM) is quoting energy prices to interested parties and aims to reach initial agreements by the end of 2026, according to Reuters. That provides a near-term commercial milestone.

#Potential #electrical #power

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $26.4 billion by market cap, the company offers elevators, escalators, and other moving products.
Companies worth $10 billion or more are generally described as "large-cap stocks," and OTIS perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty industrial machinery industry. OTIS is the largest global elevator and escalator supplier, known for its innovative safety features dating back to 1854. The company boasts a loyal customer base and competitive edge, with its success lying in commanding premium pricing, securing long-term service contracts, and leveraging its installed base for consistent revenue.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ******* e

#tens #Stock #billion #market

The Detroit Lions released defensive tackle Levi Onwuzurike on Friday, Sept. 11, two days before their season opener against the New Orleans Saints.
A second-round pick out of Washington in 2021, Onwuzurike was expected to play a rotational role on the Lions' defensive line this fall and still could return on the 53-man roster next week or to the practice squad on Saturday.
NFL teams sometimes release veterans before the start of the regular season to avoid having their contracts guaranteed for the season. All vested veterans on Week 1 rosters have their salaries guaranteed.
ROSTER WORK: Lions close to naming starting LG; Izien's status vs Saints uncertain
The Lions would avoid guaranteeing Onwuzurike's salary by re-signing him to the practice squad, according to OverTheCap.com, but still could elevate him for Sunday's game.

#still

The Detroit Lions released defensive tackle Levi Onwuzurike on Friday, Sept. 11, two days before their season opener against the New Orleans Saints.
A second-round pick out of Washington in 2021, Onwuzurike was expected to play a rotational role on the Lions' defensive line this fall and still could return on the 53-man roster next week or to the practice squad on Saturday.
NFL teams sometimes release veterans before the start of the regular season to avoid having their contracts guaranteed for the season. All vested veterans on Week 1 rosters have their salaries guaranteed.
ROSTER WORK: Lions close to naming starting LG; Izien's status vs Saints uncertain
The Lions would avoid guaranteeing Onwuzurike's salary by re-signing him to the practice squad, according to OverTheCap.com, but still could elevate him for Sunday's game.

#lions #onwuzurike #defensive #still

By Sai Ishwarbharath B and Abhirami G
BENGALURU, Sept 10 (Reuters) - Wipro's AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed ‌within the Indian IT firm, its chief technology officer said.
The comments come as India's $315 ‌billion software services industry grapples with adoption of AI, which is reshaping hiring, software development and contracts.
Wipro, with about 243,000 employees in June, is shifting to a "human-AI operating model," with more than 100,000 employees receiving advanced AI-related training and certifications, Sandhya Arun said in an interview.
"It could be the same engineer managing a bunch of agents, deployed on other projects or being trained for some other role. It doesn't ‌necessarily mean person-to-person replacement by an ⁠agent."

#employees #ishwarbharath

Soybeans were weaker on Wednesday, with contracts down 3 to 7 ¼ cents. The cmdtyView national average Cash Bean price was down 6 1/4 cents at $12.51. Soymeal futures closed with gains of 20 cents to $1.80 in the front months, as deferreds were weaker. Soy Oil was steady to 17 points lower on the day.
USDA reported private export sale announcements of 340,000 MT of soybeans to China for 2026/27 and 100,000 MT of 2026/27 beans to unknown destinations this morning.
Cocoa Prices Gain After Ghana Proposes Raising Farmer Pay
Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather
Sugar Prices Finish Sharply Higher as Crude Oil Surges

#cents #soybeans

Corn futures closed the Wednesday session with contracts slipping 3 to 5 ¾ cents and near session lows. The CmdtyView national average Cash Corn price was down 5 3/4 cents at $4.81.
USDA reported a private export sale of 182,880 MT of corn to Mexico this morning for 2026/27 shipment.
Cocoa Prices Gain After Ghana Proposes Raising Farmer Pay
Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather
Sugar Prices Finish Sharply Higher as Crude Oil Surges

#prices #corn #session #wednesday

On September 8, 2026, GE Aerospace (NYSE:GE) agreed to buy Consolidated Precision Products (CPP) for $11.75 billion. The acquisition marks the company's largest bet yet on precision engine castings, a constraint that has been capping GE's growth. Trading already at roughly 40x earnings, the company has now attacked one of its genuine bottlenecks through the deal. But has it paid too much to do it?
Castings, including the superalloy and ******* anium hot-section parts inside the jet engines, have constrained GE's engine production, including programs such as LEAP and GEnx, as well as its high-margin aftermarket. Without these castings, the company can neither build nor service its engines. If the acquisition closes, the company will gain access to CPP's 20-plus plants and about 6,600 workers, which are essential for making those components. The deal would therefore enable GE to control the constraint as well as defend its margins. CEO Larry Culp characterized the move as securing manufacturing capacity to meet simultaneous demand across commercial engines, aftermarket services, and defense contracts.
The valuation is where bulls should slow down. GE is paying roughly 18x 2027 EBITDA including synergies (26x without synergies). The sellers are private equity firms Warburg Pincus and Berkshire Partners. They have basically offloaded a cyclical business near the peak of the aerospace cycle. This is smart money selling to GE instead of the other way around. The real tell is that GE felt compelled to buy its way past this capacity bottleneck instead of scaling organically, which reveals how tight its prized aftermarket really was. Also, CPP also supplies other major aerospace and defense companies such as Pratt & Whitney, Honeywell, and Lockheed Martin, and through the vertical tie-up, the company invites antitrust scrutiny before it closes in late 2027.
GE's 40x multiple rests on its high-margin razor-and-blade business model that services a huge installed base. And the casting supply shortages quietly constrain this aftermarket. Hence, more than merely fixing a supply chain issue, the CPP acquisition defends the company's high margin and multiple. Financially, the transaction is accretive to adjusted EPS and free cash flow in the first year, funded through $7 billion in cash alongside newly issued debt. Insider Monkey data shows 113 hedge funds held GE in Q2 2026, down modestly from 119 in Q1, reflecting firm institutional positioning. Short interest is just 1.3% of float, below peers like Honeywell International (1.6%). Almost no one bets against it.

#aftermarket #acquisition #including

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Barclays raised its year-end S&P 500 target to 7,950 Wednesday, betting stronger earnings and continued artificial intelligence spending can keep the rally going.
The bank lifted its target from 7,800 and raised its 2026 earnings-per-share forecast to $365 from $337, Reuters reported. The S&P 500 was trading around 7,625 Wednesday, leaving Barclays' target about 4% above current levels. The index is tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY).
Even after the upgrade, Barclays is still one of the more cautious voices on Wall Street. HSBC raised its target to 8,100 Tuesday, while UBS, Goldman Sachs and Citigroup also see the index finishing at or above 8,000.
Prediction traders are more skeptical. Polymarket puts roughly 40% on an S&P 500 finish above 8,000, while its contracts put more combined weight on the index ending below 7,500 than above 8,000.

#below

The last few days have been very productive for Real Madrid, both on and off the pitch. Jose Mourinho's side defeated Inter Milan 2-1 in their opening match of the 2026-27 Champions League, while there have also been major breakthroughs regarding new contracts for multiple key players.
In the last 24 hours, it was revealed that Arda Guler has committed to a new contract, with the Türkiye international set to extend his stay at the Bernabeu until 2032. Fellow midfielder Jude Bellingham is also in the process of agreeing a renewal, as Real Madrid bosses seek to tie down two players that are seen as the present and future of the first team.
Now, there is further good news for Real Madrid fans, with Fabrizio Romano reporting that Thibaut Courtois has agreed to extend his stay at the Bernabeu. The veteran goalkeeper's current deal is due to expire at the end of the 2026-27 season, although he has committed to remaining at the club for at least one more year.
Courtois has been a fantastic servant for Real Madrid over the last eight years. Having joined from Chelsea in the summer of 2018, the Belgian has already racked up 338 appearances across all competitions, and he should significantly add to this number by the time he leaves the club, whenever that may be.
Courtois has already spoken of his desire to retire at Real Madrid, and if he continues to perform at a very high level, there is a good chance that his wish is granted – especially given that the club has yet to secure a long-term replacement. The decision on this matter will come when the time is right, but for now, all that matters is the Belgian shot-stopper will remain at the Bernabeu until the summer of 2028 at the very least.

#bernabeu #club

A cryptocurrency ETF is an exchange-traded fund that gives investors exposure to cryptocurrency through a regular brokerage account with no crypto wallet, exchange, or private keys required. The most important type is the spot ETF, which holds the actual cryptocurrency (Bitcoin, Ether, etc.) in secure custody, so the fund's price tracks the real-time price of the coin. When you buy a share, you're getting direct exposure to the underlying **** et, wrapped in the familiar, regulated ETF structure. One technical note: U.S. spot crypto funds are structured as exchange-traded products — grantor trusts registered under the Securities Act of 1933 — rather than as 1940 Act ETFs, so they trade just like ETFs but do not carry all of the same investor protections.
This is a big deal because it removes the biggest barriers to crypto investing: custody risk, exchange hacks, and technical complexity. It also brings crypto into tax-advantaged accounts and lets investors hold it alongside their stocks and bonds in one place.
Spot Bitcoin ETFs launched in the U.S. in January 2024 and have become the fastest-growing ETF category ever. In 2026 they dominate the crypto ETF landscape.
IBIT (iShares Bitcoin Trust) was one of the first to market and is the runaway leader, with roughly $71 billion in **** ets — well over half of the entire spot Bitcoin ETF market. BlackRock's fund has become the default vehicle for institutional and retail Bitcoin exposure alike, prized for its deep liquidity and low cost. FBTC (Fidelity Wise Origin Bitcoin Fund) is second with about $18 billion, and GBTC (Grayscale Bitcoin Trust), the converted legacy fund, holds around $15 billion despite its higher fee. For most investors seeking Bitcoin exposure, IBIT and FBTC are the go-to, low-cost choices.
Spot Ethereum ETFs followed in July 2024 and form the second pillar of the crypto ETF world. ETHA (iShares Ethereum Trust) leads with roughly $11 billion in **** ets, followed by FETH (Fidelity Ethereum Fund) at about $2.3 billion. Ethereum offers a different investment thesis than Bitcoin as it's the backbone of decentralized applications, smart contracts, and much of the tokenization trend. This means ether ETFs give investors exposure to a distinct part of the digital-asset ecosystem.

#Bitcoin

When a caller inquired about IREN Limited (NASDAQ:IREN) during the lightning round on September 3, Mad Money host Jim Cramer said:
If you're going to do neocloud, you got to do, the only one I like is CoreWeave with Michael Intrator. The others I think are too speculative for me.
The two companies are at different stages of building their AI businesses. CoreWeave, Inc. (NASDAQ:CRWV) reported $2.575 billion of second-quarter revenue, up approximately 112% from a year earlier. Its revenue backlog stood at approximately $104 billion as of June 30, excluding more than $25 billion of additional customer commitments secured in early July. Furthermore, active power reached 1.5 gigawatts, while contracted power rose to approximately 3.7 gigawatts. CEO Michael Intrator said on the company's second-quarter earnings call that "our near-term capacity remains effectively sold out." He also described broadening customer demand and rapidly expanding enterprise adoption.
Meanwhile, IREN Limited's (NASDAQ:IREN) AI Cloud Services revenue reached $128.8 million in fiscal 2026, compared with $16.4 million a year earlier. Total fiscal 2026 revenue was $707 million, including $578.2 million from Bitcoin mining. The company reported $4 billion of contracted AI annualized run rate revenue for 2026 capacity, with $1 billion of operating ARR as of August 26. CEO Daniel Roberts said on August 27 that its 2026 capacity was "largely sold out." Roberts said recent three-year contracts represented more than $20 million of revenue per megawatt and that customer prepayments represented 45%-55% of ****** ociated GPU capital expenditures.
CoreWeave, Inc.'s (NASDAQ:CRWV) capital requirements remain substantial. The company spent $9.4 billion on capital expenditures in the second quarter and raised its 2026 CapEx forecast to $35 billion-$39 billion. It also reported $640 million of net interest expense and a $626 million net loss for the quarter. Total debt stood at $35.6 billion as of June 30.

#billion #revenue

The SEC says that it's looking for an "appropriate resolution" after its presidents and chancellors met on Thursday following the drama surrounding LSU's pursuit of players who had signed NFL contracts.
The meeting was held a day after a hearing in the conference's suit against LSU and coach Lane Kiffin was continued. That continuance came after LSU filled its final two roster spots on Tuesday evening and left no ****** e to add former Ole Miss DT Zxavian Harris and ex-Rebels TE Dae'Quan Wright to the roster in 2026.
The two players had signed contracts with NFL teams but were cut during the preseason. They were eligible to return for a fifth season of college football after a Louisiana judge ruled that they should be granted an extra year following the NCAA's decision to give all college athletes in the class of 2023 and younger five years to play five seasons.
"The presidents and chancellors of the Southeastern Conference met Thursday by videoconference to discuss recent matters involving conference expectations and responsibilities," the SEC's brief statement said. "Those discussions will continue as the conference and its member universities work toward an appropriate resolution."
At one point, the Thursday meeting was slated to discuss the possibility of expelling LSU from the conference. As LSU had looked to sign both Harris and Wright, the conference made a rule that no player who had signed an NFL, NBA or WNBA contract could play for a member school.

#thursday #signed #harris #chancellors

Soybeans are trading with losses of 1 to 2 cents early on Wednesday. Futures closed the day with contracts 6 ½ to 10 cent gains across the board on Tuesday. Open interest was up 21,350 contracts, suggesting new buying interest. The cmdtyView national average Cash Bean price was up 6 1/2 cents at $12.57 1/4. Soymeal futures were down $1.50 to $5.30 at the close, with Soy Oil 94 to 155 points higher. There were no deliveries against September soybean futures overnight, with 38 deliveries for September meal and 11 for bean oil.
Monday's Crop Progress data from NASS showed 26% of the US soybean crop dropping leaves. Condition ratings were steady at 58% gd/ex, with the Brugler500 index unchanged at 353.
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Adequate Cocoa Supplies Pressure Prices

#interest #deliveries

Texas A&M coach Mike Elko does not expect the SEC's escalating dispute with LSU to end with the Tigers being removed from the conference. During Wednesday's Aggie Football Hour, Elko compared the public standoff to a child testing a parent's limits before quickly backing down.
The SEC is no longer expected to vote Thursday on LSU's membership after the school finalized its 105-player football roster without former NFL players Dae'Quan Wright and Zxavian Harris. Both players signed NFL contracts and participated in training camps before attempting to return to college football.
The controversy escalated after a Louisiana judge issued a preliminary injunction that opened the door for Wright, Harris and other athletes to regain their college eligibility. The SEC opposed LSU's plans, filed a federal lawsuit and scheduled a meeting of conference presidents and chancellors to consider the school's membership.
"This is a little bit like the son figuring out where the limits are until dad comes home and raises his voice, and then the son goes, 'I was just kidding, I didn't mean any of that,'" Elko said.
College athletics has resembled a never-ending soap opera in recent years, and the situation has only become more chaotic over the past few months. It is fair to say the sport has officially "jumped the shark."

#conference

As global travel continues its post-pandemic ascent, investors are weighing the recovery of an aviation ******* an against a leaner engine specialist. Choosing between Boeing (NYSE:BA) and GE Aerospace (NYSE:GE) requires careful scrutiny.
Boeing remains a global leader in commercial aircraft manufacturing and defense systems, while GE Aerospace has transformed into a focused aerospace power. Both companies benefit from rising demand for efficient travel, yet they offer vastly different financial health and risk profiles.
Boeing develops and services commercial airplanes, defense products, and ******* e systems for customers in over 150 countries. The company derives a significant portion of its revenue from the U.S. government, including the Department of Defense and NASA. Customer concentration like this adds a layer of risk to the business, particularly when specialized contracts are subject to shifting federal budget priorities.
In FY 2025, revenue reached nearly $89.5 billion, representing a significant 34.5% increase over the prior year. This growth helped the company report a net income of approximately $2.2 billion, which is a notable improvement from the net loss of roughly $11.8 billion in 2024. The turnaround suggests that production rates for major programs are beginning to stabilize after several years of operational disruptions.
As of its December 2025 balance sheet, the debt-to-equity ratio was 10.0x. This high figure indicates that total liabilities are ten times the value of shareholder equity. The current ratio, which indicates a company's ability to pay short-term obligations with short-term ******* ets, was nearly 1.2x. Free cash flow was negative $1.9 billion, and stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.

#cash #global #commercial

Palo Alto Networks, Inc. (NASDAQ:PANW) reported fiscal fourth-quarter revenue of $3.41 billion, up 34% year over year. Next-Generation Security annual recurring revenue, or NGS ARR, increased 63% to $9.10 billion, while remaining performance obligations rose 34% to $21.2 billion. Remaining performance obligations represent contracted revenue not yet recognized.
NGS ARR is a company-reported operating metric measuring annualized allocated revenue from active contracts, excluding hardware, legacy attached subscriptions and support, and professional services. The current portfolio includes acquired identity and observability businesses absent from the prior-year base, so the 63% increase is not an organic growth rate. Palo Alto Networks, Inc. (NASDAQ:PANW) also reported a $282 million GAAP net loss after earning $254 million a year earlier.
The commercial indicators support greater customer consolidation onto the expanded platform. Palo Alto Networks, Inc. (NASDAQ:PANW) added approximately $970 million of net new NGS ARR. The $21.2 billion RPO balance provides visibility as contracted revenue is recognized over time.
Cash generation also remained strong despite the GAAP loss. Palo Alto Networks, Inc. (NASDAQ:PANW) produced $1.36 billion of operating cash flow, up from $1.02 billion a year earlier. That cash supports integration work.
Management expects fiscal 2027 revenue of $14.10 billion to $14.20 billion, representing growth of 23% to 24%. NGS ARR is expected to reach $11.075 billion to $11.175 billion, up 22% to 23%. Palo Alto Networks, Inc. (NASDAQ:PANW) also acquired Console, an AI-native platform intended to add agentic workflows to Cortex and extend automated investigation and remediation across enterprise operations.

#billion #networks #NASDAQ

MongoDB, Inc. (NASDAQ:MDB) reported fiscal second-quarter revenue of $771.8 million, up 30% year over year. Atlas revenue increased approximately 29% to $565.9 million, while Enterprise Advanced and other revenue rose approximately 36% to $181.2 million.
Remaining performance obligations, or RPO, increased 91% to $1.52 billion. RPO represents the aggregate transaction price in contracts allocated to performance obligations not delivered or partially undelivered. MongoDB, Inc. (NASDAQ:MDB) omits contracts lasting 12 months or less from the disclosure. Current RPO, the portion expected to be recognized within 12 months, increased 73% to $797.3 million.
GAAP operating income reached $28.4 million, compared with a $65.3 million loss a year earlier. MongoDB, Inc. (NASDAQ:MDB) also raised fiscal 2027 revenue guidance to $2.99 billion to $3.03 billion from $2.92 billion to $2.96 billion, with the second-half increase attributed mainly to Atlas.
Growth was broad. Atlas expanded 29%, while Enterprise Advanced and other revenue grew faster at 36%. Total customers increased to more than 70,600 from more than 59,900 a year earlier, and Atlas customers reached more than 69,300.
The margin profile also improved. GAAP gross margin expanded to 74% from 71%, while revenue growth outpaced operating-expense growth enough to produce positive GAAP operating income. This shows MongoDB, Inc. (NASDAQ:MDB) can scale infrastructure, research and sales costs more slowly than revenue.

#million #mongodb #NASDAQ #gaap