1 hr. ago
Rivian (NASDAQ: RIVN) hasn't minted any new millionaires since its IPO in Nov. 2021. The EV maker went public at $78 per share, but it now trades at about $15. Its stock plummeted as it struggled to ramp up its production and racked up steep losses.
From 2023 to 2025, Rivian's total vehicle deliveries dropped from 50,122 to 42,247 as it struggled with supply chain bottlenecks, macro headwinds, and fierce competition. But could its newest vehicle -- the R2 SUV -- finally end that slowdown and drive its stock to deliver millionaire-making gains over the next few years?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The R2 is significantly cheaper than Rivian's R1T pickup and R1S SUV. It expects its lower price tag to expand its total addressable market while boosting its per-vehicle gross margins, since the R2 costs less to manufacture than its higher-end predecessors.
Rivian expects its deliveries to soar to 65,000-67,000 vehicles this year, with the R2 accounting for about 20,000-25,000 of that total. If it achieves that goal, ***** ysts expect its revenue to surge 38% to $7.5 billion this year and 60% to $11.9 billion in 2027.
#deliveries
From 2023 to 2025, Rivian's total vehicle deliveries dropped from 50,122 to 42,247 as it struggled with supply chain bottlenecks, macro headwinds, and fierce competition. But could its newest vehicle -- the R2 SUV -- finally end that slowdown and drive its stock to deliver millionaire-making gains over the next few years?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The R2 is significantly cheaper than Rivian's R1T pickup and R1S SUV. It expects its lower price tag to expand its total addressable market while boosting its per-vehicle gross margins, since the R2 costs less to manufacture than its higher-end predecessors.
Rivian expects its deliveries to soar to 65,000-67,000 vehicles this year, with the R2 accounting for about 20,000-25,000 of that total. If it achieves that goal, ***** ysts expect its revenue to surge 38% to $7.5 billion this year and 60% to $11.9 billion in 2027.
#deliveries
4 hours ago
On August 11, Kristina Ruggeri from Argus upgraded The Boeing Company (NYSE:BA) from Hold to Buy, based on the company's long-term prospects within the expanding commercial aerospace segment. The ****** yst expects the company's impressive backlog, topline growth and margins to continue expanding after the management made progress in addressing concerns linked with production and profitability. Ruggeri's price target of $265 results in more than 26% upside potential as of August 28 closing. Let's explore the underlying business fundamentals that support this rating upgrade.
Recent financials clearly back the rating upgrade by Argus, as the company reported $24.6 billion in Q2 2026 revenue compared to $22.7 billion during Q2 2025. The 8% topline expansion primarily reflected 171 commercial deliveries during the quarter. Despite a core loss of ($0.76) per share, the company's cash flows turned positive amid improved working capital. In the second quarter, it posted $1.4 billion in operating cash flow and $631 million in free cash flow. Management reiterated its optimistic FCF projections, with a full-year guidance between $1 billion and $3 billion, depending partly on delivery volumes and timing of customer receipts.
The company's demand backlog further strengthens the bullish narrative, as it reported $715 billion in total backlog by the end of second quarter. This included a backlog of $597 billion for commercial airplanes segment, involving more than 6,200 aircraft. It is composed of thousands of orders for 737 MAX, along with elevated demand across its wide-body segment covering 767, 777, and 787 programs. Backlogs for Defense, ****** e & Security, and Global Services segments stood at $85 billion and $33 billion, respectively.
Company President and CEO, Kelly Ortberg, reflected on the remainder of the year, stating:
"While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction."
#second
Recent financials clearly back the rating upgrade by Argus, as the company reported $24.6 billion in Q2 2026 revenue compared to $22.7 billion during Q2 2025. The 8% topline expansion primarily reflected 171 commercial deliveries during the quarter. Despite a core loss of ($0.76) per share, the company's cash flows turned positive amid improved working capital. In the second quarter, it posted $1.4 billion in operating cash flow and $631 million in free cash flow. Management reiterated its optimistic FCF projections, with a full-year guidance between $1 billion and $3 billion, depending partly on delivery volumes and timing of customer receipts.
The company's demand backlog further strengthens the bullish narrative, as it reported $715 billion in total backlog by the end of second quarter. This included a backlog of $597 billion for commercial airplanes segment, involving more than 6,200 aircraft. It is composed of thousands of orders for 737 MAX, along with elevated demand across its wide-body segment covering 767, 777, and 787 programs. Backlogs for Defense, ****** e & Security, and Global Services segments stood at $85 billion and $33 billion, respectively.
Company President and CEO, Kelly Ortberg, reflected on the remainder of the year, stating:
"While there is more work ahead in the second half of the year, the momentum we are building continues to move Boeing in the right direction."
#second
6 hours ago
Ryanair, the biggest low-fare airline in Europe, on Wednesday lowered its winter traffic target to reduce exposure to high unhedged oil prices, and warned the some of its less well-hedged competitors could struggle to survive this winter amid high fuel costs.
Since the Iran war slashed deliveries of crude oil and petroleum products from the Middle East, rising jet fuel prices have eaten into the profitability of all airlines globally.
Ryanair is one of the most hedged airlines, with about 80% of fuel costs hedged at $67 per barrel. However, the remaining unhedged 20% is highly exposed to the jet fuel prices currently trading at about $140 per barrel, Ryanair said in its August 2026 traffic stats.
In light of the high unhedged oil prices, "it is sensible to strategically reduce the Group's exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.)," the budget airline said.
Ryanair cut its winter traffic target to 214 million from 216 million passengers, expecting traffic to be broadly flat year-over-year.
#airline
Since the Iran war slashed deliveries of crude oil and petroleum products from the Middle East, rising jet fuel prices have eaten into the profitability of all airlines globally.
Ryanair is one of the most hedged airlines, with about 80% of fuel costs hedged at $67 per barrel. However, the remaining unhedged 20% is highly exposed to the jet fuel prices currently trading at about $140 per barrel, Ryanair said in its August 2026 traffic stats.
In light of the high unhedged oil prices, "it is sensible to strategically reduce the Group's exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.)," the budget airline said.
Ryanair cut its winter traffic target to 214 million from 216 million passengers, expecting traffic to be broadly flat year-over-year.
#airline
7 hours ago
India raised its purchases of Russia's Far East crude blend ESPO in the first seven months of the year as China backed out of the spot market in the first months of the Iran war and deliveries to India from the Middle East slumped with the closure of the Strait of Hormuz.
Total exports of the ESPO grade from Russia's Far Eastern port of Kozmino rose by 6% in January-July from a year earlier, Russian daily Kommersant reported on Wednesday, citing a report by Argus.
China remained the key buyer of ESPO crude, but its share of the shipments from Kozmino fell to 83% from 88%. At the same time, India's share of the ESPO exports increased to 16% to 12% in the first seven months of 2026, per data from Vortexa and Kpler cited in the report.
India raised its ESPO imports due to the slump in Chinese oil imports between May and June, and the supply disruptions in the Middle East, which delayed many term cargoes Indian refiners were expecting in the early summer.
The rise in Indian ESPO imports are due to logistics reasons and the Chinese pullback between April and June, according to Dmitry Prokofiev, director of external communications at NEFT Research.
#imports
Total exports of the ESPO grade from Russia's Far Eastern port of Kozmino rose by 6% in January-July from a year earlier, Russian daily Kommersant reported on Wednesday, citing a report by Argus.
China remained the key buyer of ESPO crude, but its share of the shipments from Kozmino fell to 83% from 88%. At the same time, India's share of the ESPO exports increased to 16% to 12% in the first seven months of 2026, per data from Vortexa and Kpler cited in the report.
India raised its ESPO imports due to the slump in Chinese oil imports between May and June, and the supply disruptions in the Middle East, which delayed many term cargoes Indian refiners were expecting in the early summer.
The rise in Indian ESPO imports are due to logistics reasons and the Chinese pullback between April and June, according to Dmitry Prokofiev, director of external communications at NEFT Research.
#imports
10 hours ago
Smriti Mandhana's record-breaking 124 and a clinical bowling effort helped India crush Hong Kong by 137 runs in their Women's Asia Cup 2026 clash in Dubai. After posting 193/5, India bowled Hong Kong out for just 56 in 16.2 overs to seal a massive win and book their place in the semi-finals.
Hong Kong won the toss and elected to field, but Mandhana quickly put their decision under pressure. The India opener and Shafali Verma gave their side a strong start, with Verma smashing 28 off 17 ***** before departing.
Wickets began to fall regularly after the opening stand, but Mandhana continued to attack from one end. She reached her half-century in 40 ***** before dramatically increasing the tempo, bringing up her century in just 57 deliveries.
Mandhana finished with a sensational 124 off 64 ***** , hitting 14 fours and seven sixes at a strike rate of 193.75. The innings took her to 18 international centuries, moving her past Meg Lanning's tally of 17 and making her the leading century-maker in women's international cricket.
She also broke Chamari Athapaththu's record for the highest individual score in Women's T20 Asia Cup history, surpassing the Sri Lankan's unbeaten 119.
Mandhana's innings eventually ended in the final over when she was run out after a mix-up with Bharti Fulmali. Her dismissal, however, came after she had already powered India to a formidable 193/5.
Hong Kong's chase never got going as India's spin-heavy attack strangled the batting lineup from the beginning. They slipped to 32/3 and struggled to score freely against India's disciplined bowling.
Deepti Sharma led the attack with 3/9 from three overs, removing key batters Natasha Miles and Yasmin Daswani while keeping the scoring rate under control. Prema Rawat, Nandani Sharma and Shree Charani then continued to chip away at the Hong Kong batting order.
Marina Lamplough offered some resistance with 14, but Shree Charani eventually removed her before the lower order folded quickly. Nandani Sharma claimed two wickets, while Prema Rawat finished with two as India's spinners kept the pressure on.
Hong Kong were eventually bowled out for just 56 in 16.2 overs. Shree Charani completed the victory by stumping Shanzeen Shahzad after a sharp piece of work from Richa Ghosh.
#hong #India #sharma #shree
Hong Kong won the toss and elected to field, but Mandhana quickly put their decision under pressure. The India opener and Shafali Verma gave their side a strong start, with Verma smashing 28 off 17 ***** before departing.
Wickets began to fall regularly after the opening stand, but Mandhana continued to attack from one end. She reached her half-century in 40 ***** before dramatically increasing the tempo, bringing up her century in just 57 deliveries.
Mandhana finished with a sensational 124 off 64 ***** , hitting 14 fours and seven sixes at a strike rate of 193.75. The innings took her to 18 international centuries, moving her past Meg Lanning's tally of 17 and making her the leading century-maker in women's international cricket.
She also broke Chamari Athapaththu's record for the highest individual score in Women's T20 Asia Cup history, surpassing the Sri Lankan's unbeaten 119.
Mandhana's innings eventually ended in the final over when she was run out after a mix-up with Bharti Fulmali. Her dismissal, however, came after she had already powered India to a formidable 193/5.
Hong Kong's chase never got going as India's spin-heavy attack strangled the batting lineup from the beginning. They slipped to 32/3 and struggled to score freely against India's disciplined bowling.
Deepti Sharma led the attack with 3/9 from three overs, removing key batters Natasha Miles and Yasmin Daswani while keeping the scoring rate under control. Prema Rawat, Nandani Sharma and Shree Charani then continued to chip away at the Hong Kong batting order.
Marina Lamplough offered some resistance with 14, but Shree Charani eventually removed her before the lower order folded quickly. Nandani Sharma claimed two wickets, while Prema Rawat finished with two as India's spinners kept the pressure on.
Hong Kong were eventually bowled out for just 56 in 16.2 overs. Shree Charani completed the victory by stumping Shanzeen Shahzad after a sharp piece of work from Richa Ghosh.
#hong #India #sharma #shree
1 day ago
I keep hearing people say they want to own Tesla (NASDAQ: TSLA) stock but are waiting for a better price, and I understand the instinct, because the stock has swung between $297.38 to $498.83 over the past year. The problem is that Tesla is already 30% off its high while deliveries grew 25% and energy storage jumped 40%, so the discount everyone is waiting for may already be here.
Tesla is down roughly 17% over the past four weeks, and I think that pullback is the entry point rather than a reason to wait for a deeper one.
Tesla trades today roughly 25% below its 52-week high, and about 23% above its 52-week low. Over the past 12 months, the stock has risen by 9.5%, meaning a year of operational progress has produced half the average price appreciation of the S&P 500, which is up by about 19%. Tesla's forward price-to-earnings ratio sits near 207, with a trailing multiple of about 340, so ***** ody is buying the stock based on its current earnings math. If you're buying it at all, you're doing so based on your view of what the company is building.
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 »
Second-quarter deliveries hit 480,126 electric vehicles (EVs), up 25% year over year, compared with 451,758 vehicles produced. The energy storage business deployed 13.5 GWh of capacity in the quarter, up 40% from 9.6 GWh in the prior-year quarter and up 53% from the 8.8 GWh it deployed in 2026's first quarter. It was Tesla's second-largest quarterly increase in storage ever, behind only the 14.2 GWh it added in the fourth quarter of 2025. ***** ulative deployments now exceed 132 GWh since 2016, with 22.3 GWh in the first half of 2026 alone.
Tesla's network of Powerwalls -- rechargeable home batteries that store electricity for later use, including during power outages -- supported more than 89,000 virtual power plant events across over 1 million installed units, saving homeowners more than $1 billion on electricity bills. Megapack 3 and Megablock production are starting at Megafactory Houston this year.
#tesla #signal #past #storage
Tesla is down roughly 17% over the past four weeks, and I think that pullback is the entry point rather than a reason to wait for a deeper one.
Tesla trades today roughly 25% below its 52-week high, and about 23% above its 52-week low. Over the past 12 months, the stock has risen by 9.5%, meaning a year of operational progress has produced half the average price appreciation of the S&P 500, which is up by about 19%. Tesla's forward price-to-earnings ratio sits near 207, with a trailing multiple of about 340, so ***** ody is buying the stock based on its current earnings math. If you're buying it at all, you're doing so based on your view of what the company is building.
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 »
Second-quarter deliveries hit 480,126 electric vehicles (EVs), up 25% year over year, compared with 451,758 vehicles produced. The energy storage business deployed 13.5 GWh of capacity in the quarter, up 40% from 9.6 GWh in the prior-year quarter and up 53% from the 8.8 GWh it deployed in 2026's first quarter. It was Tesla's second-largest quarterly increase in storage ever, behind only the 14.2 GWh it added in the fourth quarter of 2025. ***** ulative deployments now exceed 132 GWh since 2016, with 22.3 GWh in the first half of 2026 alone.
Tesla's network of Powerwalls -- rechargeable home batteries that store electricity for later use, including during power outages -- supported more than 89,000 virtual power plant events across over 1 million installed units, saving homeowners more than $1 billion on electricity bills. Megapack 3 and Megablock production are starting at Megafactory Houston this year.
#tesla #signal #past #storage
1 day ago
Ro Khanna is a Democratic congressman from California whose stock picks keep making headlines. His latest financial disclosures show steady buying in two names through June and July.
Uber Technologies, Inc. (NYSE:UBER) shows up more than any other stock in the filing. Khanna's disclosures list several separate Uber purchases between June 15 and July 29, with no sales in that stretch. Uber is down about 18% over the past year.
Chewy Inc. (NYSE:CHWY) is the second name. The filing shows nine Chewy purchases between July 13 and July 30.
Chewy is down about 40% over the past year and 30% so far this year. Is this a potential opportunity to buy the stock on the dip? Let's **** yze.
Chewy, Inc. (NYSE:CHWY) sells pet food, treats, supplies and medications online. The business runs on Autoship, a subscription program where customers set up recurring deliveries.
#chewy #chwy #shows
Uber Technologies, Inc. (NYSE:UBER) shows up more than any other stock in the filing. Khanna's disclosures list several separate Uber purchases between June 15 and July 29, with no sales in that stretch. Uber is down about 18% over the past year.
Chewy Inc. (NYSE:CHWY) is the second name. The filing shows nine Chewy purchases between July 13 and July 30.
Chewy is down about 40% over the past year and 30% so far this year. Is this a potential opportunity to buy the stock on the dip? Let's **** yze.
Chewy, Inc. (NYSE:CHWY) sells pet food, treats, supplies and medications online. The business runs on Autoship, a subscription program where customers set up recurring deliveries.
#chewy #chwy #shows
1 day ago
Corn futures are trading with contracts 7 to 8 cents at midday. There were another 187 deliveries issued against September corn overnight. The CmdtyView national average Cash Corn price is up 5 3/4 cents at $4.97 1/4.
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good. By state, IL (-3), IA (-2), MN (-5), ND (-6), OH (-1), SD (-7), TX (-7), and WI (-5) all saw deterioration. Improvement was noted in CO (+29), MI (+8), MO (+4), and NE (+3).
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#corn #condition #september
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good. By state, IL (-3), IA (-2), MN (-5), ND (-6), OH (-1), SD (-7), TX (-7), and WI (-5) all saw deterioration. Improvement was noted in CO (+29), MI (+8), MO (+4), and NE (+3).
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#corn #condition #september
2 days ago
Corn prices are trading with 2 to 3 losses so far on Tuesday morning, with December 9 cents off the overnight high. Futures rounded out August with contracts up 1 to 3 1/2 cents on the session. Open interest was up 15,541 contracts on Monday. There were another 187 deliveries issued against September corn overnight. The CmdtyView national average Cash Corn price was back up 3 1/2 cents at $4.93 1/2.
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good.
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#cocoa #condition
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good.
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#cocoa #condition
2 days ago
Ben Stokes is set to make his mark in the Big Bash League with the Adelaide Strikers, and coach Tim Paine believes the England all-rounder could be particularly effective if he opens the batting.
Stokes' one-year deal with the Strikers was confirmed on Tuesday, making him available for the entire BBL season. Paine believes the 35-year-old can make an impact across all three departments while also bringing his leadership experience to the side. The Strikers had Matt Short and Chris Lynn as their regular opening combination last season, but Lynn is currently off contract, meaning the pair could be split up even if he returns to the franchise.
Paine sees Stokes as an ideal candidate to take the new ball with the bat, particularly on Australia's traditionally pace-friendly and bouncy pitches.
"Stokes gives us a lot of flexibility. I think initially my chats around how we would use him would probably be opening the batting. I think he's made to open the batting in Big Bash. I think the pacy, bouncy wickets in Australia really suit him," Paine said, as quoted by ESPNcricinfo.
The former Australia captain also highlighted Stokes' ability to attack all areas of the ground and change the momentum of an innings almost instantly.
"I have been on the end of a couple of these devastating innings in Test cricket where you feel like you cannot defend the field. He can play 360 degrees. He has got power. He has got some real class," he added.
Although Stokes has opened in only 16 of his 148 T20 innings, the numbers suggest he is at his most productive in that role. He averages 36.53 and has a strike rate of 138.48 as an opener. One of his two T20 centuries also came while opening, when he smashed an unbeaten 107 off 60 ****** for Rajasthan Royals in the 2020 IPL. His other T20 century came for Rising Pune Supergiant in 2017, when he scored 103 off 63 deliveries.
However, much of Stokes' T20 career has seen him bat at No. 3, 4 or 5. He has not played a T20 match since The Hundred in 2024, where he managed only four runs across three innings.
"I think he can do a terrific job opening the batting. Playing pretty normally, as we have seen in the past, he can flick a switch, and he has got amazing power. His skill level with the bat and his play of spin, he has just a well-rounded, world-class batter. We think that is probably the best fit for him and for us," Paine said.
Paine also believes Stokes could have an impact with the ball, suggesting his pace and ability to move the ball could make him a useful option in different phases of an innings.
"He is a bit quicker than people think. He has got great skill. He can swing the ball both ways. We feel like we can use him in all phases of the game with the ball as well. He will impact in the field with his athleticism and just the way he competes," he said.
Stokes has taken 352 wickets for England across international cricket, with his best figures of 6/22 highlighting his ability to produc
Stokes' one-year deal with the Strikers was confirmed on Tuesday, making him available for the entire BBL season. Paine believes the 35-year-old can make an impact across all three departments while also bringing his leadership experience to the side. The Strikers had Matt Short and Chris Lynn as their regular opening combination last season, but Lynn is currently off contract, meaning the pair could be split up even if he returns to the franchise.
Paine sees Stokes as an ideal candidate to take the new ball with the bat, particularly on Australia's traditionally pace-friendly and bouncy pitches.
"Stokes gives us a lot of flexibility. I think initially my chats around how we would use him would probably be opening the batting. I think he's made to open the batting in Big Bash. I think the pacy, bouncy wickets in Australia really suit him," Paine said, as quoted by ESPNcricinfo.
The former Australia captain also highlighted Stokes' ability to attack all areas of the ground and change the momentum of an innings almost instantly.
"I have been on the end of a couple of these devastating innings in Test cricket where you feel like you cannot defend the field. He can play 360 degrees. He has got power. He has got some real class," he added.
Although Stokes has opened in only 16 of his 148 T20 innings, the numbers suggest he is at his most productive in that role. He averages 36.53 and has a strike rate of 138.48 as an opener. One of his two T20 centuries also came while opening, when he smashed an unbeaten 107 off 60 ****** for Rajasthan Royals in the 2020 IPL. His other T20 century came for Rising Pune Supergiant in 2017, when he scored 103 off 63 deliveries.
However, much of Stokes' T20 career has seen him bat at No. 3, 4 or 5. He has not played a T20 match since The Hundred in 2024, where he managed only four runs across three innings.
"I think he can do a terrific job opening the batting. Playing pretty normally, as we have seen in the past, he can flick a switch, and he has got amazing power. His skill level with the bat and his play of spin, he has just a well-rounded, world-class batter. We think that is probably the best fit for him and for us," Paine said.
Paine also believes Stokes could have an impact with the ball, suggesting his pace and ability to move the ball could make him a useful option in different phases of an innings.
"He is a bit quicker than people think. He has got great skill. He can swing the ball both ways. We feel like we can use him in all phases of the game with the ball as well. He will impact in the field with his athleticism and just the way he competes," he said.
Stokes has taken 352 wickets for England across international cricket, with his best figures of 6/22 highlighting his ability to produc
2 days ago
Cheniere Energy, Inc. (NYSE:LNG) is substantially completing the Corpus Christi Stage 3 expansion, with contractor Bechtel handing over the seventh and final liquefaction train. The project adds more than 10 million tonnes per annum (mtpa) of LNG capacity, lifting Cheniere's overall production capacity to roughly 56 mtpa, an increase of more than 20%.
The timing is favorable because Cheniere is entering a period of higher production while global LNG demand remains strong. In its latest quarterly results, Cheniere raised its 2026 adjusted EBITDA guidance to $7.9 billion-$8.4 billion, from $7.25 billion-$7.75 billion previously. The company also said it expects higher exports as its expansion projects ramp up. The company is not finished expanding Corpus Christi. It is also developing Midscale Trains 8 and 9, while the U.S. Energy Department has authorized additional exports from those trains.
The biggest positive is that Cheniere now has additional LNG capacity coming online at an established export facility. The completion of Stage 3 allows Cheniere to increase volumes without having to build an entirely new LNG terminal from scratch. The company expects increased exports next year as it benefits from a full year of production from its expansion projects. That creates a relatively straightforward growth path: more LNG volumes can generate more revenue, while the existing infrastructure and long-term commercial arrangements can support attractive cash generation.
Cheniere Energy, Inc. (NYSE:LNG) is positioned to benefit from continued growth in LNG consumption, particularly in Europe and Asia. U.S. LNG deliveries to Asia reached a quarterly record of 11 million metric tons in Q2 2026, while Cheniere continues to see strong demand and competitive pricing in new contract negotiations. The company's scale also gives it an advantage as global buyers seek reliable LNG supplies. The U.S. has become the world's largest LNG exporter, with Cheniere playing a central role in that export growth.
The completion of Stage 3 further increases the gap between Cheniere and competing U.S. LNG exporters. The project takes Corpus Christi's production capabilities to a much higher level and gives Cheniere greater exposure to international LNG demand. This scale can also improve the company's ability to serve customers across different markets and capture attractive destination pricing. Cheniere has historically used strong cash generation to return capital to shareholders while continuing to invest in expansion. The company is balancing shareholder returns with investments in additional production capacity.
#production #capacity #company
The timing is favorable because Cheniere is entering a period of higher production while global LNG demand remains strong. In its latest quarterly results, Cheniere raised its 2026 adjusted EBITDA guidance to $7.9 billion-$8.4 billion, from $7.25 billion-$7.75 billion previously. The company also said it expects higher exports as its expansion projects ramp up. The company is not finished expanding Corpus Christi. It is also developing Midscale Trains 8 and 9, while the U.S. Energy Department has authorized additional exports from those trains.
The biggest positive is that Cheniere now has additional LNG capacity coming online at an established export facility. The completion of Stage 3 allows Cheniere to increase volumes without having to build an entirely new LNG terminal from scratch. The company expects increased exports next year as it benefits from a full year of production from its expansion projects. That creates a relatively straightforward growth path: more LNG volumes can generate more revenue, while the existing infrastructure and long-term commercial arrangements can support attractive cash generation.
Cheniere Energy, Inc. (NYSE:LNG) is positioned to benefit from continued growth in LNG consumption, particularly in Europe and Asia. U.S. LNG deliveries to Asia reached a quarterly record of 11 million metric tons in Q2 2026, while Cheniere continues to see strong demand and competitive pricing in new contract negotiations. The company's scale also gives it an advantage as global buyers seek reliable LNG supplies. The U.S. has become the world's largest LNG exporter, with Cheniere playing a central role in that export growth.
The completion of Stage 3 further increases the gap between Cheniere and competing U.S. LNG exporters. The project takes Corpus Christi's production capabilities to a much higher level and gives Cheniere greater exposure to international LNG demand. This scale can also improve the company's ability to serve customers across different markets and capture attractive destination pricing. Cheniere has historically used strong cash generation to return capital to shareholders while continuing to invest in expansion. The company is balancing shareholder returns with investments in additional production capacity.
#production #capacity #company
2 days ago
Corn futures rounded out August with contracts up 1 to 3 1/2 cents on the session. There were 90 deliveries issued against September corn on First Notice Day. The CmdtyView national average Cash Corn price was back up 3 1/2 cents at $4.93 1/2.
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good.
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#good
This week's Crop Progress report showed 62% of the US corn crop in the dough stage by August 30, with 62% dented and 13% listed as mature. Condition ratings were steady this week at 47% in good to excellent condition, as the Brugler500 index slipped another point to 347 on a 1 point move from excellent to good.
Cocoa Prices Rise on Concern Over West African Cocoa Quality
Rip-Roaring Bull Markets Are Taking Corn, Soybean, and Wheat Prices Higher
Arabica Coffee Consolidates Recent Losses
#good
2 days ago
Wheat is starting off a new week with sharp losses on Monday. The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the board on Friday, with September 85 ½ cents higher on the week. Open interest was up 4,975 contracts on Friday. There were just 9 deliveries first notice day for Sep CBT wheat. KC HRW futures saw gains of 10 to 24 ¼ cents in the front months, as September was 71 ½ cents higher since last Friday. There were 143 delivery notices for September KC wheat on FND. MPLS spring wheat joined in on the rally, with contracts 8 ¼ to 12 ½ cents higher, as September was up 47 cents this week.
Over the weekend, Turkey was reportedly pushing for a Black Sea shipping corridor to help restore the flow of grains.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#Monday #complex
Over the weekend, Turkey was reportedly pushing for a Black Sea shipping corridor to help restore the flow of grains.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#Monday #complex
2 days ago
Corn price action is kicking off the final trade day of August with modest losses of fractionally to 1 ½ cents. Month end pressure could play a role today. Futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents last week, with December 28 up cents. Open interest was up 35,585 contracts on Friday. There were 90 deliveries issued against September corn on First Norice Day. The CmdtyView national average Cash Corn price was back up 2 1/4 cents at $4.84 1/4.
Friday's CFTC data showed managed money in corn futures and options adding a total of 126,008 contracts to their net long as of August 25. That net long was tallied at 376,513 contracts, which was the largest since April 2022, but still over 52,000 contracts shy of the Tuesday record going back to 2006. Specs held a total of 465,500 contracts of outright longs by Tuesday, the largest on record.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#cents #tuesday
Friday's CFTC data showed managed money in corn futures and options adding a total of 126,008 contracts to their net long as of August 25. That net long was tallied at 376,513 contracts, which was the largest since April 2022, but still over 52,000 contracts shy of the Tuesday record going back to 2006. Specs held a total of 465,500 contracts of outright longs by Tuesday, the largest on record.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#cents #tuesday
2 days ago
Soybeans are coming out of the weekend with 4 to 5 cent losses. Futures posted 14 to 20 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents. Friday's open interest rose 15,047 contracts suggesting new buying. The cmdtyView national average Cash Bean price was up 20 1/2 cents at $12.53 3/4. Soymeal futures were $1 to $8.10 higher on the day, led by the front months, as September was up $20.50 on the week. Soy Oil was back up 167 to 259 points, with September 124 higher this week. There were no delivery notices on FND for September beans, with 261 deliveries for September meal and 800 for September bean oil.
USDA reported a private export sale of 182,000 MT to China on Friday morning for 2026/27, with 226,000 MT during the reporting period to unknown. Another 200,000 MT of soybean meal was sold to both Germany and the Netherlands at 100,000 MT each.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#september #bean #cent #higher
USDA reported a private export sale of 182,000 MT to China on Friday morning for 2026/27, with 226,000 MT during the reporting period to unknown. Another 200,000 MT of soybean meal was sold to both Germany and the Netherlands at 100,000 MT each.
Was the Commodity Complex a Case of More of the Same Monday?
Cattle, Hog Prices Are Still Trapped and Heading Lower. What to Watch Next.
West African Cocoa Crop Concerns Underpin Prices
#september #bean #cent #higher
5 days ago
Tesla (NASDAQ: TSLA) hit major sales milestones in the second quarter of 2026, when it reported $28.2 billion in revenue and surpassed $100 billion in trailing revenue for the first time ever. Despite that, the sentiment around Tesla is largely negative, and its share price is down 21% this year (as of Aug. 27).
I own Tesla stock, and I have no plans of selling. Although the brand has taken a hit, Tesla still excels in several areas, and it's moving into new markets with exciting growth opportunities.
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 »
One of the reasons I first invested in Tesla was the popularity of its cars -- I was seeing them everywhere. In 2024, and even more so in 2025, Tesla sales fell, but they have bounced back this year. It reported 480,126 vehicle deliveries in Q2 2026, a 25% year-over-year increase. Automotive revenue totaled $20.5 billion.
Tesla is the second-largest EV manufacturer after BYD. It's essentially a two-horse race at the top of the EV market, and while BYD is strong competition for Tesla internationally, it doesn't sell consumer EVs in the U.S. due to a 100% tariff on Chinese EVs.
#tesla #sales
I own Tesla stock, and I have no plans of selling. Although the brand has taken a hit, Tesla still excels in several areas, and it's moving into new markets with exciting growth opportunities.
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 »
One of the reasons I first invested in Tesla was the popularity of its cars -- I was seeing them everywhere. In 2024, and even more so in 2025, Tesla sales fell, but they have bounced back this year. It reported 480,126 vehicle deliveries in Q2 2026, a 25% year-over-year increase. Automotive revenue totaled $20.5 billion.
Tesla is the second-largest EV manufacturer after BYD. It's essentially a two-horse race at the top of the EV market, and while BYD is strong competition for Tesla internationally, it doesn't sell consumer EVs in the U.S. due to a 100% tariff on Chinese EVs.
#tesla #sales
5 days ago
On August 20, Hovnanian Enterprises (NYSE:HOV) reported third-quarter results that told two different stories at once. Revenue fell to $705.7 million from $800.6 million a year earlier, and the company posted a net loss of $0.70 per diluted share. Yet backlog value rose 5.1% year over year to $881.9 million, and management pointed to record land efficiency and a widening margin trend as evidence the business is being rebuilt for a different market. The gap between the near-term numbers and the longer-term setup is where this story gets interesting.
Hovnanian's adjusted homebuilding gross margin climbed to 14.6% in the quarter, up from a first-quarter trough, and management guided to 15% to 16.5% in the fourth quarter as newer, more recently underwritten communities make up a larger share of deliveries. Those communities were priced with today's higher incentive environment already built in, rather than ***** umptions from years ago when incentives were lower. The company's land position backs up that shift: 87% of controlled lots are now optioned rather than owned, the highest share in company history, up from 46% a decade earlier, freeing up capital and letting Hovnanian walk away from deals that no longer pencil out.
Total liquidity stood at $379.8 million, well above the company's own target range of $170 million to $245 million, while quick move-in inventory dropped 19.3% year over year to 820 homes as production was matched to actual sales pace. Contracts per community came in at 9.4, which management says ranks third among peers reporting similar periods. Demand also firmed lately: website traffic in July 2026 hit its highest level for that month since 2019, and month-to-date contracts in August ran 3% ahead of last year. To capture more of that traffic, Hovnanian hired active adult lifestyle veteran Deborah Blake to sharpen its Four Seasons brand as it pushes further into move-up and active adult buyers.
The quarter's headline numbers were rougher than the backlog alone suggests. Revenue fell from $800.6 million to $705.7 million, and Hovnanian swung to an adjusted pretax loss of $2.3 million, driven largely by delayed deliveries at newer joint venture projects that pulled unconsolidated joint venture income below expectations. That shortfall also broke a long streak: it was the first time in 23 quarters that adjusted pretax income landed below the company's own guidance range. Consolidated domestic contracts slipped 4.6% year over year to 1,155 homes, which management attributed to political and financial volatility keeping potential buyers on the sidelines.
#quarter #Share
Hovnanian's adjusted homebuilding gross margin climbed to 14.6% in the quarter, up from a first-quarter trough, and management guided to 15% to 16.5% in the fourth quarter as newer, more recently underwritten communities make up a larger share of deliveries. Those communities were priced with today's higher incentive environment already built in, rather than ***** umptions from years ago when incentives were lower. The company's land position backs up that shift: 87% of controlled lots are now optioned rather than owned, the highest share in company history, up from 46% a decade earlier, freeing up capital and letting Hovnanian walk away from deals that no longer pencil out.
Total liquidity stood at $379.8 million, well above the company's own target range of $170 million to $245 million, while quick move-in inventory dropped 19.3% year over year to 820 homes as production was matched to actual sales pace. Contracts per community came in at 9.4, which management says ranks third among peers reporting similar periods. Demand also firmed lately: website traffic in July 2026 hit its highest level for that month since 2019, and month-to-date contracts in August ran 3% ahead of last year. To capture more of that traffic, Hovnanian hired active adult lifestyle veteran Deborah Blake to sharpen its Four Seasons brand as it pushes further into move-up and active adult buyers.
The quarter's headline numbers were rougher than the backlog alone suggests. Revenue fell from $800.6 million to $705.7 million, and Hovnanian swung to an adjusted pretax loss of $2.3 million, driven largely by delayed deliveries at newer joint venture projects that pulled unconsolidated joint venture income below expectations. That shortfall also broke a long streak: it was the first time in 23 quarters that adjusted pretax income landed below the company's own guidance range. Consolidated domestic contracts slipped 4.6% year over year to 1,155 homes, which management attributed to political and financial volatility keeping potential buyers on the sidelines.
#quarter #Share
6 days ago
Jofra Archer produced the fastest spell of his Test career as England bowled Pakistan out for 110 on Day 2 of the second Test at Lord's and took complete control of the match.
England's pace attack made full use of the conditions after Pakistan resumed with hopes of staying in the game. Ollie Robinson finished with 4/11, Archer took 3/26 and Josh Tongue returned 2/27 as Pakistan were dismissed for 110, giving England a first-innings lead of 180 runs.
Archer set the tone with a five-over spell before lunch that brought the first breakthrough. According to CricViz, his opening spell averaged 90.7 mph, with some deliveries touching 94 mph. He dismissed Pakistan captain Shan Masood, who was caught behind, as the visitors went into lunch at 16/2 after 14.1 overs.
Despite the numbers on the speed gun, Archer said he was not convinced they were accurate.
"Nah, the speed gun isn't working properly," the 31-year-old said. "I saw some of them [speeds] and I was like, it didn't really feel that way. I don't know who's up in the box working it, but thanks. I remember playing here in the Ashes in 2019 and thinking the same thing. Maybe the speed guns are a little bit dodgy here."
Robinson and Tongue continued the pressure after Archer's opening burst. Archer praised the pace attack for working together rather than relying on one bowler.
"Everyone chips in. Ollie's been phenomenal since he started [playing] again. Gus and Tonguey, everyone's picking up the slack," Archer said. "With this attack you don't have to go and do too much. You don't have to try too hard. You know someone's going to back you up."
Pakistan's batting struggled throughout the innings. Opener Azan Awais was the only batter to offer resistance with 46, before pulling Robinson to deep square leg. Saud Shakeel was the next highest scorer with 16.
England ended the day on 81/3 in their second innings, extending their overall lead to 261 runs.
Even with rain forecast on Day 3, England remain in a commanding position as they look to secure their first home Test series win in two years.
#spell
England's pace attack made full use of the conditions after Pakistan resumed with hopes of staying in the game. Ollie Robinson finished with 4/11, Archer took 3/26 and Josh Tongue returned 2/27 as Pakistan were dismissed for 110, giving England a first-innings lead of 180 runs.
Archer set the tone with a five-over spell before lunch that brought the first breakthrough. According to CricViz, his opening spell averaged 90.7 mph, with some deliveries touching 94 mph. He dismissed Pakistan captain Shan Masood, who was caught behind, as the visitors went into lunch at 16/2 after 14.1 overs.
Despite the numbers on the speed gun, Archer said he was not convinced they were accurate.
"Nah, the speed gun isn't working properly," the 31-year-old said. "I saw some of them [speeds] and I was like, it didn't really feel that way. I don't know who's up in the box working it, but thanks. I remember playing here in the Ashes in 2019 and thinking the same thing. Maybe the speed guns are a little bit dodgy here."
Robinson and Tongue continued the pressure after Archer's opening burst. Archer praised the pace attack for working together rather than relying on one bowler.
"Everyone chips in. Ollie's been phenomenal since he started [playing] again. Gus and Tonguey, everyone's picking up the slack," Archer said. "With this attack you don't have to go and do too much. You don't have to try too hard. You know someone's going to back you up."
Pakistan's batting struggled throughout the innings. Opener Azan Awais was the only batter to offer resistance with 46, before pulling Robinson to deep square leg. Saud Shakeel was the next highest scorer with 16.
England ended the day on 81/3 in their second innings, extending their overall lead to 261 runs.
Even with rain forecast on Day 3, England remain in a commanding position as they look to secure their first home Test series win in two years.
#spell
6 days ago
OSI Systems, Inc. (NASDAQ:OSIS) ended fiscal 2026 with record operating cash flow and backlog, but its fourth-quarter revenue result was materially below expectations. Revenue declined 4% to $484.1 million, approximately $45.6 million below the $529.7 million consensus estimate. Full-year revenue of $1.786 billion also finished about $39 million below the $1.825 billion floor of the company's prior guidance. Company-defined non-GAAP diluted EPS of $3.78 was essentially in line with the $3.77 consensus estimate.
Shares closed lower following the revenue miss, Middle Eastern delivery delays, and fiscal 2027 guidance. The central question is whether the delayed sales represent a temporary shift or evidence that the record backlog will convert unevenly.
Fiscal 2026 GAAP diluted EPS increased 3% to $8.95, while company-defined non-GAAP diluted EPS rose 11% to $10.35. The non-GAAP measure excludes impairment, restructuring, and other charges, acquired-intangible amortization, a $4.359 million former-CEO retirement expense, related tax effects, and discrete tax items.
Management said Middle Eastern conflicts and site-access constraints shifted approximately $50 million of planned Security deliveries beyond June 30. OSI Systems, Inc. (NASDAQ:OSIS) said the orders were deferred rather than lost and remain in backlog under revised delivery schedules.
Backlog increased to approximately $1.9 billion from $1.8 billion a year earlier. Fiscal 2027 guidance calls for revenue of $1.875 billion to $1.930 billion, representing growth of 5% to 8.1%. Company-defined non-GAAP diluted EPS is expected between $11.13 and $11.49, implying growth of 7.5% to 11%.
#million #company
Shares closed lower following the revenue miss, Middle Eastern delivery delays, and fiscal 2027 guidance. The central question is whether the delayed sales represent a temporary shift or evidence that the record backlog will convert unevenly.
Fiscal 2026 GAAP diluted EPS increased 3% to $8.95, while company-defined non-GAAP diluted EPS rose 11% to $10.35. The non-GAAP measure excludes impairment, restructuring, and other charges, acquired-intangible amortization, a $4.359 million former-CEO retirement expense, related tax effects, and discrete tax items.
Management said Middle Eastern conflicts and site-access constraints shifted approximately $50 million of planned Security deliveries beyond June 30. OSI Systems, Inc. (NASDAQ:OSIS) said the orders were deferred rather than lost and remain in backlog under revised delivery schedules.
Backlog increased to approximately $1.9 billion from $1.8 billion a year earlier. Fiscal 2027 guidance calls for revenue of $1.875 billion to $1.930 billion, representing growth of 5% to 8.1%. Company-defined non-GAAP diluted EPS is expected between $11.13 and $11.49, implying growth of 7.5% to 11%.
#million #company
7 days ago
India head coach Gautam Gambhir praised his team for displaying the character and mental strength required in Test cricket after Shubman Gill's side secured a 1-0 series victory over Sri Lanka. India had a chance to complete a 2-0 sweep after winning the series opener in Galle, but Sri Lanka mounted a spirited fightback in Colombo to force a draw despite being asked to follow on.
Following the conclusion of the series, Gambhir took to social media to acknowledge India's performance while also highlighting the impact of Sri Lanka batter Sonal Dinusha.
"Test cricket needs character, patience and mental toughness that's shown by our boys! Special shoutout to Sonal Dinusha for his exceptional performance," Gambhir wrote on X.
Dinusha was the central figure in Sri Lanka's resistance. He scored centuries in both innings of the Colombo Test, including an unbeaten 133 in the second innings, frustrating India's efforts to wrap up the match.
India made a dominant start after choosing to bat first in Colombo. Devdutt Padikkal led the charge with a superb 117, while Dhruv Jurel remained unbeaten on 115. Rishabh Pant added 63 and captain Gill contributed 50 as India amassed 503/9 before declaring. Asitha Fernando was Sri Lanka's most successful bowler, finishing with four wickets.
Sri Lanka were dismissed for 290 in their first innings, but Dinusha once again stood out with a composed 103. Pasindu Sooriyabandara also played an important role, scoring 80, while India's Prasidh Krishna and Manav Suthar claimed three wickets each. Asked to follow on, Sri Lanka were in serious trouble at 218/6 and India appeared to be closing in on another victory. Dinusha, however, refused to give India an opening.
Dinusha joined forces with Keshara Nuwantha to produce a crucial 112-run partnership. Nuwantha's 46 came from 150 deliveries as the pair absorbed pressure and consumed valuable overs. Sri Lanka's lower order then provided further support, allowing Dinusha to remain at the crease until the close.
He finished unbeaten on 133 from 264 ****** , with eight fours and two sixes, as Sri Lanka reached 429/9 to secure the draw. The result ended India's hopes of a clean sweep but secured them a 1-0 series victory.
India had established their series advantage in the opening Test at Galle, where they secured a 165-run victory. Manav Suthar was the star of the contest, claiming his maiden 10-wicket haul in Test cricket, while Padikkal played a pivotal role with a 167 in India's first innings.
#dinusha #lanka #victory
Following the conclusion of the series, Gambhir took to social media to acknowledge India's performance while also highlighting the impact of Sri Lanka batter Sonal Dinusha.
"Test cricket needs character, patience and mental toughness that's shown by our boys! Special shoutout to Sonal Dinusha for his exceptional performance," Gambhir wrote on X.
Dinusha was the central figure in Sri Lanka's resistance. He scored centuries in both innings of the Colombo Test, including an unbeaten 133 in the second innings, frustrating India's efforts to wrap up the match.
India made a dominant start after choosing to bat first in Colombo. Devdutt Padikkal led the charge with a superb 117, while Dhruv Jurel remained unbeaten on 115. Rishabh Pant added 63 and captain Gill contributed 50 as India amassed 503/9 before declaring. Asitha Fernando was Sri Lanka's most successful bowler, finishing with four wickets.
Sri Lanka were dismissed for 290 in their first innings, but Dinusha once again stood out with a composed 103. Pasindu Sooriyabandara also played an important role, scoring 80, while India's Prasidh Krishna and Manav Suthar claimed three wickets each. Asked to follow on, Sri Lanka were in serious trouble at 218/6 and India appeared to be closing in on another victory. Dinusha, however, refused to give India an opening.
Dinusha joined forces with Keshara Nuwantha to produce a crucial 112-run partnership. Nuwantha's 46 came from 150 deliveries as the pair absorbed pressure and consumed valuable overs. Sri Lanka's lower order then provided further support, allowing Dinusha to remain at the crease until the close.
He finished unbeaten on 133 from 264 ****** , with eight fours and two sixes, as Sri Lanka reached 429/9 to secure the draw. The result ended India's hopes of a clean sweep but secured them a 1-0 series victory.
India had established their series advantage in the opening Test at Galle, where they secured a 165-run victory. Manav Suthar was the star of the contest, claiming his maiden 10-wicket haul in Test cricket, while Padikkal played a pivotal role with a 167 in India's first innings.
#dinusha #lanka #victory
7 days ago
Sri Lanka batter Sonal Dinusha emerged as one of the biggest positives from the drawn two-Test series against India, producing a remarkable display of resilience and consistency to thwart the visitors' hopes of a series clean sweep.
Dinusha scored three centuries across his four innings in the series, finishing as the leading run-scorer with 420 runs at an average of 140.00. He also faced 722 deliveries, the most by any batter in the series, underlining the patience and endurance that made him such a difficult player for India to dislodge.
His performance has now earned high praise from former India Test batter Cheteshwar Pujara, who believes the young Sri Lankan has shown glimpses of two of the country's greatest modern-day batters, ****** ar Sangakkara and Mahela Jayawardene.
"The way he has batted throughout the series has been phenomenal. He takes me into that era of batters like ****** ar Sangakkara and Mahela Jayawardene. When I was growing up, I used to look up to those Sri Lankan players," Pujara said in a video on ESPNcricinfo.
Pujara believes Dinusha has the potential to become one of Sri Lanka's leading batters in the years to come.
"In five to 10 years, Sonal Dinusha can be one of the greats of Sri Lankan cricket. He has shown that potential. The way he batted on the last day of the second Test match, it was a commendable effort," he added.
Dinusha's finest contribution came in the second Test at Colombo, where his unbeaten 133 off 264 ****** ensured Sri Lanka held India to a draw and denied the visitors a series clean sweep.
Coming to the match, India opted to bat first, with centuries from Padikkal (117 in 193 ****** , with 12 fours), Dhruv Jurel (115* in 177 ****** , with nine fours and two sixes) and half-centuries from Rishabh Pant (63 in 89 ****** , with six fours and two sixes) and skipper Gill (50 in 108 ****** , with six fours) taking India to 503/9, with Asitha Fernando taking four-fer.
In their first innings, SL was skittled out for 290, with Dinusha's second century (103 in 162 ****** , with eight fours and three sixes) and a fine 80 from Pasindu Sooriyabandara (in 133 ****** , with nine fours) standing out. Prasidh Krishna and Suthar were among the wickets for India with three each.
During the follow-on, India had SL down for 218/6, but a 112-run stand between Dinusha and Keshara Nuwantha (46 in 150 ****** , with four boundaries) pushed Sri Lanka towards a sizeable lead. Dinusha (133* in 264 ****** , with eight fours and two sixes) reached his third ton of the series, with the resistance from lower order, who soaked in deliveries to support him. SL ended at 429/9, drawing the Test.
133591870
#dinusha
Dinusha scored three centuries across his four innings in the series, finishing as the leading run-scorer with 420 runs at an average of 140.00. He also faced 722 deliveries, the most by any batter in the series, underlining the patience and endurance that made him such a difficult player for India to dislodge.
His performance has now earned high praise from former India Test batter Cheteshwar Pujara, who believes the young Sri Lankan has shown glimpses of two of the country's greatest modern-day batters, ****** ar Sangakkara and Mahela Jayawardene.
"The way he has batted throughout the series has been phenomenal. He takes me into that era of batters like ****** ar Sangakkara and Mahela Jayawardene. When I was growing up, I used to look up to those Sri Lankan players," Pujara said in a video on ESPNcricinfo.
Pujara believes Dinusha has the potential to become one of Sri Lanka's leading batters in the years to come.
"In five to 10 years, Sonal Dinusha can be one of the greats of Sri Lankan cricket. He has shown that potential. The way he batted on the last day of the second Test match, it was a commendable effort," he added.
Dinusha's finest contribution came in the second Test at Colombo, where his unbeaten 133 off 264 ****** ensured Sri Lanka held India to a draw and denied the visitors a series clean sweep.
Coming to the match, India opted to bat first, with centuries from Padikkal (117 in 193 ****** , with 12 fours), Dhruv Jurel (115* in 177 ****** , with nine fours and two sixes) and half-centuries from Rishabh Pant (63 in 89 ****** , with six fours and two sixes) and skipper Gill (50 in 108 ****** , with six fours) taking India to 503/9, with Asitha Fernando taking four-fer.
In their first innings, SL was skittled out for 290, with Dinusha's second century (103 in 162 ****** , with eight fours and three sixes) and a fine 80 from Pasindu Sooriyabandara (in 133 ****** , with nine fours) standing out. Prasidh Krishna and Suthar were among the wickets for India with three each.
During the follow-on, India had SL down for 218/6, but a 112-run stand between Dinusha and Keshara Nuwantha (46 in 150 ****** , with four boundaries) pushed Sri Lanka towards a sizeable lead. Dinusha (133* in 264 ****** , with eight fours and two sixes) reached his third ton of the series, with the resistance from lower order, who soaked in deliveries to support him. SL ended at 429/9, drawing the Test.
133591870
#dinusha
7 days ago
Georgia Power has secured regulatory approval for a contract to supply OpenAI's planned project in Effingham County, Georgia, adding 3,200 megawatts of potential new electricity demand to one of the fastest-growing large-load markets in the United States.
The agreement, approved through the Georgia Public Service Commission's regulatory process, requires OpenAI to cover the full cost of infrastructure needed specifically to serve the project, according to Georgia Power.
OpenAI has also committed to make as much as 1,000 MW of its demand flexible. That would allow Georgia Power to curtail power deliveries to the facility during periods of high system demand, potentially reducing the amount of new generation capacity the utility needs to build solely to accommodate load growth.
The scale of the contract illustrates how artificial intelligence and data center development are reshaping US electricity demand. A 3.2-GW load is comparable to the output of several large conventional power plants and represents a substantial addition to Georgia Power's system.
Georgia Power said revenues from OpenAI and other large-load customers already announced, together with projected additional growth, are expected to generate approximately $950 million in annual savings for customers beginning in 2029.
#georgia #openai #regulatory
The agreement, approved through the Georgia Public Service Commission's regulatory process, requires OpenAI to cover the full cost of infrastructure needed specifically to serve the project, according to Georgia Power.
OpenAI has also committed to make as much as 1,000 MW of its demand flexible. That would allow Georgia Power to curtail power deliveries to the facility during periods of high system demand, potentially reducing the amount of new generation capacity the utility needs to build solely to accommodate load growth.
The scale of the contract illustrates how artificial intelligence and data center development are reshaping US electricity demand. A 3.2-GW load is comparable to the output of several large conventional power plants and represents a substantial addition to Georgia Power's system.
Georgia Power said revenues from OpenAI and other large-load customers already announced, together with projected additional growth, are expected to generate approximately $950 million in annual savings for customers beginning in 2029.
#georgia #openai #regulatory
8 days ago
TimesofIndia.com in Colombo: With the handshake looming, Shubman Gill introduced himself into the attack. Judging by their body language, India had already checked out of the fixture with Sri Lanka's lead over 200 runs and little time remaining. A result in India's favour was almost out of the equation and the visitors were waiting for the formalities to be completed. Yashasvi Jaiswal was introduced from the other end, and even Dhruv Jurel rolled his arm over as the writing was on the cards. India would rue drawing a Test they were in a very good position of winning, squandering the opportunity to bolster their World Test Championship (WTC) final chances.
Sometimes, draws feel like wins and Sri Lanka must have a similar feeling in Colombo. With chips down and backs to the wall, Sonal Dinusha produced a performance for the ages, who had an equally stubborn lower-order for company. He has been the rockstar for the hosts in this series and made India dance to his tunes when he battled for close to two days to eke out a hard-fought draw. The 25-year-old's sequence of scores in the series read 100, 84, 103 and 133*, and across the four innings his compact technique, composure and solid temperament stood out.
It wasn't easy; whenever he came out to bat, the team was in a spot of bother and he mostly had the lower-order and tail for company. In the second Test alone, he spent nearly 147 overs out in the middle, facing 71 overs, frustrating the visitors and keeping the win out of their reach.
It didn't help that Mohammed Siraj wasn't running in with the steam he would have liked and the pitch offered turn but not enough threat. The tone was set by the pair of Keshara Nuwantha and Dinusha for over 40 overs and the former ended up playing 150 deliveries in the process. Lahiru ***** ara and Asitha Fernando followed the drill and India just carried on in hopes of things miraculously falling into place.
The 116th over of the Sri Lankan innings was significant in more ways than one. Siraj patiently waited to bowl as Sarfaraz Khan suggested field changes to Shubman Gill before the fast bowler began. The short-ball trap was set. After trying it for two deliveries, which Sonal Dinusha ducked safely, the bowler walked up to the stumps and flipped the bails. This was India's second attempt, followed by a very creative field setting, likely the first of its kind that day.
The entire field moved towards the off-side, placing enough men in catching positions for a miscued drive. Dinusha had been pushed back for most of the over and here Siraj was trying to induce a false shot from the most consistent batter of the series. The plan didn't work but India's attempt to finally make things happen brought success when Prabath Jayasuriya was dismissed in the very next over while driving against Ravindra Jadeja. India, even after picking up two wickets in the first hour after Lunch, were still two wickets away from beginning their chase but that 12-ball perio
Sometimes, draws feel like wins and Sri Lanka must have a similar feeling in Colombo. With chips down and backs to the wall, Sonal Dinusha produced a performance for the ages, who had an equally stubborn lower-order for company. He has been the rockstar for the hosts in this series and made India dance to his tunes when he battled for close to two days to eke out a hard-fought draw. The 25-year-old's sequence of scores in the series read 100, 84, 103 and 133*, and across the four innings his compact technique, composure and solid temperament stood out.
It wasn't easy; whenever he came out to bat, the team was in a spot of bother and he mostly had the lower-order and tail for company. In the second Test alone, he spent nearly 147 overs out in the middle, facing 71 overs, frustrating the visitors and keeping the win out of their reach.
It didn't help that Mohammed Siraj wasn't running in with the steam he would have liked and the pitch offered turn but not enough threat. The tone was set by the pair of Keshara Nuwantha and Dinusha for over 40 overs and the former ended up playing 150 deliveries in the process. Lahiru ***** ara and Asitha Fernando followed the drill and India just carried on in hopes of things miraculously falling into place.
The 116th over of the Sri Lankan innings was significant in more ways than one. Siraj patiently waited to bowl as Sarfaraz Khan suggested field changes to Shubman Gill before the fast bowler began. The short-ball trap was set. After trying it for two deliveries, which Sonal Dinusha ducked safely, the bowler walked up to the stumps and flipped the bails. This was India's second attempt, followed by a very creative field setting, likely the first of its kind that day.
The entire field moved towards the off-side, placing enough men in catching positions for a miscued drive. Dinusha had been pushed back for most of the over and here Siraj was trying to induce a false shot from the most consistent batter of the series. The plan didn't work but India's attempt to finally make things happen brought success when Prabath Jayasuriya was dismissed in the very next over while driving against Ravindra Jadeja. India, even after picking up two wickets in the first hour after Lunch, were still two wickets away from beginning their chase but that 12-ball perio
8 days ago
Tesla's FSD reached 55% of Q2 North American deliveries and 1.5 million paid subscribers globally, embedding a software subscription business inside an automaker.
GM trades at 29x P/E and Rivian posts -66% operating margins, framing just how much unproven autonomy optionality is embedded in Tesla's 185x forward multiple.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Everyone is focused on Tesla's vehicle deliveries. I think that misses the point. The number that could actually decide Tesla's (NASDAQ:TSLA) future is the Full Self-Driving attach rate, which reached 55% of Q2 North American deliveries with paid FSD customers hitting nearly 1.5 million globally. That is a software subscription business hiding inside an automaker.
Our 24/7 Wall St. price target for Tesla is $377.78, modest upside of 4.11% from $362.86. That is a hold, delivered with high (90%) confidence.
#american #tesla #software
GM trades at 29x P/E and Rivian posts -66% operating margins, framing just how much unproven autonomy optionality is embedded in Tesla's 185x forward multiple.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Tesla didn't make the cut. Grab the names FREE today.
Everyone is focused on Tesla's vehicle deliveries. I think that misses the point. The number that could actually decide Tesla's (NASDAQ:TSLA) future is the Full Self-Driving attach rate, which reached 55% of Q2 North American deliveries with paid FSD customers hitting nearly 1.5 million globally. That is a software subscription business hiding inside an automaker.
Our 24/7 Wall St. price target for Tesla is $377.78, modest upside of 4.11% from $362.86. That is a hold, delivered with high (90%) confidence.
#american #tesla #software
10 days ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
10 days ago
Sarfaraz Khan made a big impact as a substitute fielder for the injured Rishabh Pant on Day 3 of India's second Test against Sri Lanka in Colombo.
His constant chatter from short leg appeared to unsettle Sri Lanka captain Dhananjaya de Silva and wicketkeeper-batter Niroshan ******* wella, with both eventually getting out.
Before Manav Suthar bowled to Dhananjaya, the Sri Lankan captain stopped play because of movement behind the bowler's arm. Sarfaraz used the moment to distract him, telling him to focus on the ball instead.
"Nothing is there, bro. You are looking there. You are just wasting time, bro. Don't be scared. You are the captain. Come on, bro," he was heard saying on the stump mic.
Watch:
"Why are you worried about that side. Look straight," he added.
The tactic seemed to work soon after. Suthar dismissed Dhananjaya in the same over when the batter edged a tossed-up delivery. Dhruv Jurel's gloves deflected the ball towards slip, where KL Rahul eventually completed the catch. Dhananjaya was out for 8.
Sarfaraz continued his chatter when Niroshan ******* wella came to the crease. India also used short-pitched deliveries against the wicketkeeper-batter, a strategy that had worked in the first Test.
Despite the exchanges being accompanied by smiles, Sarfaraz had the final say when ******* wella gloved a delivery from Mohammed Siraj through to Jurel. His dismissal further strengthened India's position.
Earlier, India declared their first innings at 503/9. Devdutt Padikkal and Dhruv Jurel scored centuries, while Asitha Fernando was Sri Lanka's best bowler with four wickets.
#sarfaraz #dickwella #niroshan #dhruv
His constant chatter from short leg appeared to unsettle Sri Lanka captain Dhananjaya de Silva and wicketkeeper-batter Niroshan ******* wella, with both eventually getting out.
Before Manav Suthar bowled to Dhananjaya, the Sri Lankan captain stopped play because of movement behind the bowler's arm. Sarfaraz used the moment to distract him, telling him to focus on the ball instead.
"Nothing is there, bro. You are looking there. You are just wasting time, bro. Don't be scared. You are the captain. Come on, bro," he was heard saying on the stump mic.
Watch:
"Why are you worried about that side. Look straight," he added.
The tactic seemed to work soon after. Suthar dismissed Dhananjaya in the same over when the batter edged a tossed-up delivery. Dhruv Jurel's gloves deflected the ball towards slip, where KL Rahul eventually completed the catch. Dhananjaya was out for 8.
Sarfaraz continued his chatter when Niroshan ******* wella came to the crease. India also used short-pitched deliveries against the wicketkeeper-batter, a strategy that had worked in the first Test.
Despite the exchanges being accompanied by smiles, Sarfaraz had the final say when ******* wella gloved a delivery from Mohammed Siraj through to Jurel. His dismissal further strengthened India's position.
Earlier, India declared their first innings at 503/9. Devdutt Padikkal and Dhruv Jurel scored centuries, while Asitha Fernando was Sri Lanka's best bowler with four wickets.
#sarfaraz #dickwella #niroshan #dhruv
11 days ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
11 days ago
Norwegian energy giant Equinor has signed a 15-year natural gas sales agreement with Germany's Uniper, locking in more than 30 terawatt-hours of annual gas supplies to Europe's largest economy through 2041.
The agreement covers roughly 2.8 billion cubic meters of natural gas per year, with deliveries scheduled to begin on January 1, 2027, and continue through December 31, 2041. The gas will be delivered at Trading Hub Europe, Germany's gas market area.
Equinor said pricing will reflect prevailing market terms, while other commercial details remain confidential.
The deal extends a longstanding relationship between the two companies and reinforces Norway's role as one of Germany's most important sources of natural gas. Germany is Equinor's largest gas market and has been a major destination for Norwegian supplies since exports began in 1977.
The new contract begins in the year marking the 50th anniversary of Norwegian gas exports to Germany.
#equinor #agreement
The agreement covers roughly 2.8 billion cubic meters of natural gas per year, with deliveries scheduled to begin on January 1, 2027, and continue through December 31, 2041. The gas will be delivered at Trading Hub Europe, Germany's gas market area.
Equinor said pricing will reflect prevailing market terms, while other commercial details remain confidential.
The deal extends a longstanding relationship between the two companies and reinforces Norway's role as one of Germany's most important sources of natural gas. Germany is Equinor's largest gas market and has been a major destination for Norwegian supplies since exports began in 1977.
The new contract begins in the year marking the 50th anniversary of Norwegian gas exports to Germany.
#equinor #agreement
12 days ago
Portugal have found a rather unexpected way to avenge their FIFA World Cup heartbreak against Spain.
Just over a month after Cristiano Ronaldo and Co. were knocked out of the 2026 FIFA World Cup by their neighbours, Portugal got one back — not on a football pitch, but on a cricket field.
Portugal defeated Spain by 57 runs in the final of the ICC Men's T20 World Cup Europe Sub Regional Qualifier C in 2026, ending Spain's campaign and keeping their own dream of reaching the 2028 T20 World Cup alive.
The football defeat had come in July, when Spain edged Portugal 1-0 in the Round of 16 at the Dallas Stadium in Arlington, USA. Mikel Merino scored the decisive goal in stoppage time of regulation time, sending Ronaldo's Portugal out of the tournament.
This time, though, it was Portugal celebrating at Spain's expense.
Led by former Australia international Moises Henriques, Portugal produced a composed performance to claim the crucial qualifying victory.
Spain captain Christian Munoz-Mills won the toss and chose to field, but Portugal built a competitive total of 160/6.
Dhavalkumar Norotam made 23 and Christopher De Freitas scored 39 as Portugal made a steady start without quite managing to dominate the Spanish attack. Henriques, meanwhile, contributed 18 but could not convert his start into a substantial innings.
Portugal accelerated late in the innings through Craig Cachopa, who struck 25 off 21 ****** , while Carlos Nunes added 15 off nine. Jeremy Martins provided an important final push with an unbeaten 18 off just eight deliveries.
Yasir Ali and Lorne Burns were Spain's best bowlers, taking two wickets apiece.
Spain's chase initially threatened to become interesting, but Portugal's bowlers quickly put the brakes on the pursuit.
Sebastian de Oliveira made the breakthrough early, while Martins also chipped in as Portugal reduced Spain to 32/3. Yasir Ali and Daniel Doyle Calle then began rebuilding the innings and gave Spain hope of mounting a serious chase.
Siraj Ullah Khadem changed the complexion of the contest in the 11th over when he bowled Yasir for 29.
With the pitch making life difficult for incoming batters, Portugal steadily tightened their grip. Khadem finished with impressive figures of 2/19, while Edward Fleming delivered the decisive blow with a three-wicket haul for just 13 runs.
Spain's promising chase soon turned into a procession, and Martins completed the job by bowling Lorne Burns as Portugal wrapped up a 57-run victory.
The triumph sends Portugal into the ICC Men's T20 World Cup Europe Qualifier in 2027, putting them one step closer to a place in the global qualifying tournament for the 2028 T20 World Cup.
Portugal join Jersey and Denmark in the Europe Qualifier, while Scotland enter directly because of the exceptional circumstances surrounding their participation in the 2026 T20 World Cup. Italy and the Netherlands, meanwhile, advance directly to the Global Qualifier.
For Portugal,
Just over a month after Cristiano Ronaldo and Co. were knocked out of the 2026 FIFA World Cup by their neighbours, Portugal got one back — not on a football pitch, but on a cricket field.
Portugal defeated Spain by 57 runs in the final of the ICC Men's T20 World Cup Europe Sub Regional Qualifier C in 2026, ending Spain's campaign and keeping their own dream of reaching the 2028 T20 World Cup alive.
The football defeat had come in July, when Spain edged Portugal 1-0 in the Round of 16 at the Dallas Stadium in Arlington, USA. Mikel Merino scored the decisive goal in stoppage time of regulation time, sending Ronaldo's Portugal out of the tournament.
This time, though, it was Portugal celebrating at Spain's expense.
Led by former Australia international Moises Henriques, Portugal produced a composed performance to claim the crucial qualifying victory.
Spain captain Christian Munoz-Mills won the toss and chose to field, but Portugal built a competitive total of 160/6.
Dhavalkumar Norotam made 23 and Christopher De Freitas scored 39 as Portugal made a steady start without quite managing to dominate the Spanish attack. Henriques, meanwhile, contributed 18 but could not convert his start into a substantial innings.
Portugal accelerated late in the innings through Craig Cachopa, who struck 25 off 21 ****** , while Carlos Nunes added 15 off nine. Jeremy Martins provided an important final push with an unbeaten 18 off just eight deliveries.
Yasir Ali and Lorne Burns were Spain's best bowlers, taking two wickets apiece.
Spain's chase initially threatened to become interesting, but Portugal's bowlers quickly put the brakes on the pursuit.
Sebastian de Oliveira made the breakthrough early, while Martins also chipped in as Portugal reduced Spain to 32/3. Yasir Ali and Daniel Doyle Calle then began rebuilding the innings and gave Spain hope of mounting a serious chase.
Siraj Ullah Khadem changed the complexion of the contest in the 11th over when he bowled Yasir for 29.
With the pitch making life difficult for incoming batters, Portugal steadily tightened their grip. Khadem finished with impressive figures of 2/19, while Edward Fleming delivered the decisive blow with a three-wicket haul for just 13 runs.
Spain's promising chase soon turned into a procession, and Martins completed the job by bowling Lorne Burns as Portugal wrapped up a 57-run victory.
The triumph sends Portugal into the ICC Men's T20 World Cup Europe Qualifier in 2027, putting them one step closer to a place in the global qualifying tournament for the 2028 T20 World Cup.
Portugal join Jersey and Denmark in the Europe Qualifier, while Scotland enter directly because of the exceptional circumstances surrounding their participation in the 2026 T20 World Cup. Italy and the Netherlands, meanwhile, advance directly to the Global Qualifier.
For Portugal,
12 days ago
No-balls explained: Different types of no ****** in cricket originally appeared on Cricket News. Add Cricket News as a Preferred Source by clicking here.
A no ball is an illegal delivery penalised with an extra run and, in white-ball cricket, a free hit.
No ****** fall into three groups: bowler faults, dangerous deliveries and fielding breaches.
Overstepping the popping crease is the most common type of no ball in the game.
The no ball is one of cricket's most familiar yet most misunderstood rulings, capable of swinging a match with a single delivery. Governed by Law 21 of the MCC Laws of Cricket, it penalises the bowling side for an illegal delivery, adding a run to the total and denying the bowler a legitimate ball in the over.
#balls #illegal #different #source
A no ball is an illegal delivery penalised with an extra run and, in white-ball cricket, a free hit.
No ****** fall into three groups: bowler faults, dangerous deliveries and fielding breaches.
Overstepping the popping crease is the most common type of no ball in the game.
The no ball is one of cricket's most familiar yet most misunderstood rulings, capable of swinging a match with a single delivery. Governed by Law 21 of the MCC Laws of Cricket, it penalises the bowling side for an illegal delivery, adding a run to the total and denying the bowler a legitimate ball in the over.
#balls #illegal #different #source
