21 hours ago
During the September 3 episode of Mad Money, Jim Cramer mentioned Microsoft Corporation (NASDAQ:MSFT) for its unconventional approach to powering hyperscale data centers in partnership with Chevron Corporation (NYSE:CVX). He said:
How about Microsoft? Look, Mr. Softee is getting religion. They've realized that by giving us more disclosure on Azure, their cloud infrastructure business, we'll find more things to like. They're right. In the end, I come to praise Microsoft CFO Amy Hood, not bury her. They've been very clever getting power for the data centers, pumping it right out of the Permian. They got this deal with Chevron as a partner… 2.67 gigawatts. No one's talking about it. It's the cleanest behind the meter plan for power I have seen yet. People even, and this is not a stretch, I'm not kidding, people even like Copilot.
CFO Amy Hood provided Wall Street with a much clearer look at actual cloud demand by breaking down detailed Azure growth metrics and data center capacity constraints. At the same time, enterprise adoption of Microsoft 365 Copilot is moving past initial trials, with major corporations deploying the AI ***** istant across workforce segments.
A major highlight of the company's infrastructure strategy is a twenty-year agreement with Chevron Corporation (NYSE:CVX) for a proposed 2.67-gigawatt natural gas power plant in West Texas. Designed to supply dedicated off-grid electricity directly to a hyperscale data center in the Permian Basin, the project bypasses regional grid transmission queues to secure reliable power for continuous AI workloads. Microsoft Corporation's (NASDAQ:MSFT) president of Cloud Operations + Innovation, Noelle Walsh, commented:
Our agreement with Chevron helps ensure we'll have dedicated, large-scale power to support the evolution and reliability of advanced compute. Through this partnership, we're delighted to grow with and become a deeper part of the West Texas community.
#chevron #power #they 've
How about Microsoft? Look, Mr. Softee is getting religion. They've realized that by giving us more disclosure on Azure, their cloud infrastructure business, we'll find more things to like. They're right. In the end, I come to praise Microsoft CFO Amy Hood, not bury her. They've been very clever getting power for the data centers, pumping it right out of the Permian. They got this deal with Chevron as a partner… 2.67 gigawatts. No one's talking about it. It's the cleanest behind the meter plan for power I have seen yet. People even, and this is not a stretch, I'm not kidding, people even like Copilot.
CFO Amy Hood provided Wall Street with a much clearer look at actual cloud demand by breaking down detailed Azure growth metrics and data center capacity constraints. At the same time, enterprise adoption of Microsoft 365 Copilot is moving past initial trials, with major corporations deploying the AI ***** istant across workforce segments.
A major highlight of the company's infrastructure strategy is a twenty-year agreement with Chevron Corporation (NYSE:CVX) for a proposed 2.67-gigawatt natural gas power plant in West Texas. Designed to supply dedicated off-grid electricity directly to a hyperscale data center in the Permian Basin, the project bypasses regional grid transmission queues to secure reliable power for continuous AI workloads. Microsoft Corporation's (NASDAQ:MSFT) president of Cloud Operations + Innovation, Noelle Walsh, commented:
Our agreement with Chevron helps ensure we'll have dedicated, large-scale power to support the evolution and reliability of advanced compute. Through this partnership, we're delighted to grow with and become a deeper part of the West Texas community.
#chevron #power #they 've
22 hours ago
Dell Technologies (DELL) stock more than quadrupled over the past year, a 323% gain, against about 18% for the S&P 500, and even Hewlett Packard Enterprise (HPE), up 130.6%, finished far behind. Management had described most of the drivers before the run began: customers sitting on old servers, AI orders that had outrun shipments earlier in the year, and costs falling while sales rose. Those signs could not tell you how far the stock would go.
What Was Dell Seeing In Its Customers' Data Centers?
In February 2025, management said customers still ran a very large base of Dell's 13th and 14th generation servers, ready to be replaced. AI demand, already under discussion then, was exceptionally strong by May 2025, with $12.1 billion of AI server orders in fiscal Q1 2026, more than Dell's AI server shipments for all of fiscal 2025.
In August 2025, management said over 70% of its installed base was running on 14th generation servers or older, and that one 17th generation server could replace six or seven old ones. The results were uneven. In fiscal Q2 2026, traditional server revenue rose again and international demand grew, but demand in North America, its most profitable region, was weak.
Why Were Dell's Costs Falling While Its Sales Rose?
#server
What Was Dell Seeing In Its Customers' Data Centers?
In February 2025, management said customers still ran a very large base of Dell's 13th and 14th generation servers, ready to be replaced. AI demand, already under discussion then, was exceptionally strong by May 2025, with $12.1 billion of AI server orders in fiscal Q1 2026, more than Dell's AI server shipments for all of fiscal 2025.
In August 2025, management said over 70% of its installed base was running on 14th generation servers or older, and that one 17th generation server could replace six or seven old ones. The results were uneven. In fiscal Q2 2026, traditional server revenue rose again and international demand grew, but demand in North America, its most profitable region, was weak.
Why Were Dell's Costs Falling While Its Sales Rose?
#server
22 hours ago
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
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
23 hours ago
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
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
23 hours ago
Updated Sept. 11, 2026 3:51 pm ET
Listen
(3 min)
1547 ET – U.S. natural gas futures end the week lower as the market enters the shoulder season where summer cooling demand tapers off before early-season heating demand starts to kick in. Last week’s 40 Bcf storage injection was bigger than expected, but smaller than average, leaving inventories 148 Bcf above the five-year average. “Elevated production and falling power demand point to larger injections ahead, leaving firm LNG demand as the main counterweight to the seasonal loosening,” Gelber & ***** ociates says in a note. Nymex front-month gas settles down 0.1% at $2.831/mmBtu for a 4.8% loss on the week.(anthony.harrupwsj.com)
0951 ET – U.S. natural gas futures are giving back yesterday’s small gains and on track for weekly losses as summer ends and cooling demand is set to ease into the autumn. Futures “remain in a sell-the-strength type trade,” Dennis Kissler of BOK Financial says in a note. “While the fundamentals still favor the bears, the market seems to be well supported near the $2.75-$2.70 area.” Nymex natural gas for October delivery is off 0.7% at $2.813/mmBtu.(anthony.harrupwsj.com)
#market #summer #average
Listen
(3 min)
1547 ET – U.S. natural gas futures end the week lower as the market enters the shoulder season where summer cooling demand tapers off before early-season heating demand starts to kick in. Last week’s 40 Bcf storage injection was bigger than expected, but smaller than average, leaving inventories 148 Bcf above the five-year average. “Elevated production and falling power demand point to larger injections ahead, leaving firm LNG demand as the main counterweight to the seasonal loosening,” Gelber & ***** ociates says in a note. Nymex front-month gas settles down 0.1% at $2.831/mmBtu for a 4.8% loss on the week.(anthony.harrupwsj.com)
0951 ET – U.S. natural gas futures are giving back yesterday’s small gains and on track for weekly losses as summer ends and cooling demand is set to ease into the autumn. Futures “remain in a sell-the-strength type trade,” Dennis Kissler of BOK Financial says in a note. “While the fundamentals still favor the bears, the market seems to be well supported near the $2.75-$2.70 area.” Nymex natural gas for October delivery is off 0.7% at $2.813/mmBtu.(anthony.harrupwsj.com)
#market #summer #average
23 hours ago
The Federal Reserve's policy committee is expected to raise its key interest rate for the first time since 2023.
Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021.
A rate hike could provoke a response from President Donald Trump, who has demanded that the central bank reduce interest rates.
Federal Reserve officials meet Wednesday to plot the next move in their campaign to keep prices stable, and fresh data shows inflation is far from vanquished.
Fed officials are widely expected to raise the central bank's fed funds rate to combat inflation, increasing it a quarter-point to a range of 3.75% to 4% in the first rate hike since 2023. Financial markets are pricing in an 86% chance of a rate hike according to the CME Group's FedWatch tool, which forecasts rate movements based on fed funds futures trading data.
#officials #federal #expected #first
Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021.
A rate hike could provoke a response from President Donald Trump, who has demanded that the central bank reduce interest rates.
Federal Reserve officials meet Wednesday to plot the next move in their campaign to keep prices stable, and fresh data shows inflation is far from vanquished.
Fed officials are widely expected to raise the central bank's fed funds rate to combat inflation, increasing it a quarter-point to a range of 3.75% to 4% in the first rate hike since 2023. Financial markets are pricing in an 86% chance of a rate hike according to the CME Group's FedWatch tool, which forecasts rate movements based on fed funds futures trading data.
#officials #federal #expected #first
23 hours ago
Toward the end of the lightning round on September 8, when a caller inquired about AstraZeneca PLC (NYSE:AZN), Mad Money host Jim Cramer commented:
Alright, now, AstraZeneca reminds me of a company, it's not unlike Novartis. I'm a little nervous about it. It's been missing some of its trials. I don't think COPD is enough to change my mind… I am not going to put my money on AstraZeneca.
AstraZeneca PLC (NYSE:AZN) maintains a solid financial foundation supported by steady top-line growth and disciplined cost management. In its second-quarter report, the company generated total revenue of $15.38 billion, marking a 6.4% increase compared to the same period last year. Adjusted earnings per share reached $2.63, outperforming ****** yst consensus estimates.
The profitability was driven by strong global demand for core oncology and rare disease treatments, which successfully offset revenue headwinds from generic competition affecting older blockbusters like Farxiga and Brilinta. With a net margin hovering around 17.02% and management reiterating its full-year guidance for mid-to-high single-digit revenue growth along with low double-digit core EPS expansion, the core business continues to demonstrate commercial resilience.
The primary driver behind the skepticism could be based on tangible execution risks and regulatory hurdles that threaten AstraZeneca PLC's (NYSE:AZN) long-term top line. A significant blow to the rare disease division came when anselamimab failed to achieve statistical significance for the primary endpoint in the overall AL amyloidosis population in the Phase III CARES program, although AstraZeneca reported encouraging results in a prespecified subgroup of patients with kappa light-chain amyloidosis.
#management
Alright, now, AstraZeneca reminds me of a company, it's not unlike Novartis. I'm a little nervous about it. It's been missing some of its trials. I don't think COPD is enough to change my mind… I am not going to put my money on AstraZeneca.
AstraZeneca PLC (NYSE:AZN) maintains a solid financial foundation supported by steady top-line growth and disciplined cost management. In its second-quarter report, the company generated total revenue of $15.38 billion, marking a 6.4% increase compared to the same period last year. Adjusted earnings per share reached $2.63, outperforming ****** yst consensus estimates.
The profitability was driven by strong global demand for core oncology and rare disease treatments, which successfully offset revenue headwinds from generic competition affecting older blockbusters like Farxiga and Brilinta. With a net margin hovering around 17.02% and management reiterating its full-year guidance for mid-to-high single-digit revenue growth along with low double-digit core EPS expansion, the core business continues to demonstrate commercial resilience.
The primary driver behind the skepticism could be based on tangible execution risks and regulatory hurdles that threaten AstraZeneca PLC's (NYSE:AZN) long-term top line. A significant blow to the rare disease division came when anselamimab failed to achieve statistical significance for the primary endpoint in the overall AL amyloidosis population in the Phase III CARES program, although AstraZeneca reported encouraging results in a prespecified subgroup of patients with kappa light-chain amyloidosis.
#management
24 hours ago
The latest monthly list of new buys by the best mutual funds puts a dazzling spotlight on Lumentum (LITE). These savvy money managers scooped up an eye-catching $13.11 billion worth of Lumentum stock. The optical and photonics giant plays a key role in powering the infrastructure behind artificial intelligence, cloud computing, and next-generation communications. Demand from top funds continues to…
#funds #list
#funds #list
1 day ago
October WTI crude oil (CLV26) on Friday closed down -2.43 (-2.37%), and October RBOB gasoline (RBV26) closed down -0.0860 (-2.53%).
Oct WTI oil prices on Friday fell back after Thursday's +6.7% rally to a 3.5-month high. Oil prices fell back after the International Energy Agency (IEA) on Friday warned that high oil prices and restricted oil supply will cause the biggest drop in global oil demand this year since the Covid-19 pandemic. Despite the projected demand drop, the IEA raised its estimate for this year's global oil deficit to 1.7 million bpd from last month's 1.3 million bpd estimate due to the restricted supply caused by the US-Iran war. The IEA said the return of a global oil surplus will be delayed until 2027, later than its previous estimate of late 2026.
Crude Oil Prices Soar on Fears US-Iran War to Persist
Crude Oil at $100 Gets All the Attention. Watch These 5 Charts to Track the Energy Market Mechanics Behind the Headlines.
Nat-Gas Prices Recover as European Nat-Gas Surges
#prices #estimate #october #closed
Oct WTI oil prices on Friday fell back after Thursday's +6.7% rally to a 3.5-month high. Oil prices fell back after the International Energy Agency (IEA) on Friday warned that high oil prices and restricted oil supply will cause the biggest drop in global oil demand this year since the Covid-19 pandemic. Despite the projected demand drop, the IEA raised its estimate for this year's global oil deficit to 1.7 million bpd from last month's 1.3 million bpd estimate due to the restricted supply caused by the US-Iran war. The IEA said the return of a global oil surplus will be delayed until 2027, later than its previous estimate of late 2026.
Crude Oil Prices Soar on Fears US-Iran War to Persist
Crude Oil at $100 Gets All the Attention. Watch These 5 Charts to Track the Energy Market Mechanics Behind the Headlines.
Nat-Gas Prices Recover as European Nat-Gas Surges
#prices #estimate #october #closed
1 day ago
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
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
1 day ago
As artificial intelligence matures, investors must decide between the high-growth niche players and the foundational giants. Choosing between Astera Labs Inc (NASDAQ:ALAB) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) involves weighing explosive potential against established dominance.
Astera Labs provides the critical connectivity infrastructure that allows AI chips to communicate within data centers. Meanwhile, Taiwan Semiconductor Manufacturing operates as the world's largest dedicated chip foundry, producing the actual processors for almost every major tech firm. Both companies are central to the future of semiconductor stocks.
Astera Labs specializes in connectivity solutions designed to remove bottlenecks in high-performance data centers. The company sells hardware and software that helps AI accelerators, such as those made by major chip designers, communicate efficiently across servers. Its customer base is highly concentrated, primarily consisting of the largest cloud providers and system manufacturers. In 2025, one end customer accounted for over 70% of total revenue. Customer concentration like this adds a layer of risk to the business.
In FY 2025, revenue reached more than $852.5 million, representing an impressive increase of roughly 115% compared to the prior year. This rapid growth helped the company pivot from a loss in previous years to a net income of approximately $219 million. The net margin, which measures how much of each dollar of sales remains as profit, stood at nearly 26%. This trajectory highlights the surging demand for the specialized connectivity chips required for large-scale AI deployments.
As of its December 2025 balance sheet, the company reported a debt-to-equity ratio of 0.0x, indicating it holds no debt relative to its shareholder equity. Its so-called current ratio, which compares short-term ******* ets to short-term liabilities, was a robust 10.2x. Free cash flow, or the cash left over after paying for operations and equipment, was approximately $282 million. Note that stock-based compensation represented roughly 50% of operating cash flow, which inflates reported cash generation since this is a non-cash expense added back in the cash flow statement.
#company
Astera Labs provides the critical connectivity infrastructure that allows AI chips to communicate within data centers. Meanwhile, Taiwan Semiconductor Manufacturing operates as the world's largest dedicated chip foundry, producing the actual processors for almost every major tech firm. Both companies are central to the future of semiconductor stocks.
Astera Labs specializes in connectivity solutions designed to remove bottlenecks in high-performance data centers. The company sells hardware and software that helps AI accelerators, such as those made by major chip designers, communicate efficiently across servers. Its customer base is highly concentrated, primarily consisting of the largest cloud providers and system manufacturers. In 2025, one end customer accounted for over 70% of total revenue. Customer concentration like this adds a layer of risk to the business.
In FY 2025, revenue reached more than $852.5 million, representing an impressive increase of roughly 115% compared to the prior year. This rapid growth helped the company pivot from a loss in previous years to a net income of approximately $219 million. The net margin, which measures how much of each dollar of sales remains as profit, stood at nearly 26%. This trajectory highlights the surging demand for the specialized connectivity chips required for large-scale AI deployments.
As of its December 2025 balance sheet, the company reported a debt-to-equity ratio of 0.0x, indicating it holds no debt relative to its shareholder equity. Its so-called current ratio, which compares short-term ******* ets to short-term liabilities, was a robust 10.2x. Free cash flow, or the cash left over after paying for operations and equipment, was approximately $282 million. Note that stock-based compensation represented roughly 50% of operating cash flow, which inflates reported cash generation since this is a non-cash expense added back in the cash flow statement.
#company
1 day ago
Apple (AAPL) is selling iPhones and Macs faster than it can build them, but the number a holder should fear most is the gross margin underneath those sales. Leaving out tariff refunds, that margin fell in the June quarter and is guided lower again for the September quarter. Management puts both steps down to rising memory prices, while the stock's price-to-earnings multiple sits near the top of its 10-year range.
Excluding Tariff Refunds, Apple's Margin Slips As iPhone And Mac Set June-Quarter Records
Demand is not the worry. iPhone revenue rose 22% from a year earlier in the June quarter and Mac revenue rose 29%, both June-quarter records. Management says the brake on sales is supply of the advanced nodes its chips are made on.
Reported gross margin was 50.1% in the June quarter, but tariff refunds supplied about two points of it. Without them, the margin fell 120 basis points from 49.3% in the March quarter, and the September-quarter guide takes off another 160 basis points at its midpoint. On $466.8 billion of revenue over the past year, each point of gross margin is worth about $4.7 billion of gross profit.
And Management Says Memory Prices Explain All Of That Slide
#gross #tariff #year
Excluding Tariff Refunds, Apple's Margin Slips As iPhone And Mac Set June-Quarter Records
Demand is not the worry. iPhone revenue rose 22% from a year earlier in the June quarter and Mac revenue rose 29%, both June-quarter records. Management says the brake on sales is supply of the advanced nodes its chips are made on.
Reported gross margin was 50.1% in the June quarter, but tariff refunds supplied about two points of it. Without them, the margin fell 120 basis points from 49.3% in the March quarter, and the September-quarter guide takes off another 160 basis points at its midpoint. On $466.8 billion of revenue over the past year, each point of gross margin is worth about $4.7 billion of gross profit.
And Management Says Memory Prices Explain All Of That Slide
#gross #tariff #year
1 day ago
Interested in Lam Research Corporation? Here are five stocks we like better.
Lam Research raised its 2026 wafer-fabrication equipment spending outlook to the low-$150 billion range from $135 billion-$140 billion, driven by sustained AI demand and expectations for eight to 10 new leading-edge fabs through 2027.
AI hardware is increasing equipment intensity, while advanced chip designs and packaging are expanding Lam's addressable market. The company cited growing opportunities in gate-all-around transistors, backside power delivery, advanced packaging and dry-resist technology.
Lam is accelerating capacity expansion, including a second Malaysia facility, as clean-room availability and supply-chain capacity constrain the industry. The company also expects NAND upgrades to accelerate, while targeting mid-50% gross margins and reporting record customer-support revenue.
From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
#billion #Research #equipment #advanced
Lam Research raised its 2026 wafer-fabrication equipment spending outlook to the low-$150 billion range from $135 billion-$140 billion, driven by sustained AI demand and expectations for eight to 10 new leading-edge fabs through 2027.
AI hardware is increasing equipment intensity, while advanced chip designs and packaging are expanding Lam's addressable market. The company cited growing opportunities in gate-all-around transistors, backside power delivery, advanced packaging and dry-resist technology.
Lam is accelerating capacity expansion, including a second Malaysia facility, as clean-room availability and supply-chain capacity constrain the industry. The company also expects NAND upgrades to accelerate, while targeting mid-50% gross margins and reporting record customer-support revenue.
From High Dividend Growth to High Yield, These 3 Stocks Just Boosted Dividend Payouts
#billion #Research #equipment #advanced
1 day ago
Qualcomm (QCOM) grew revenue just 1.9% over the last twelve months, against a compound pace of about 6.2% a year over five years and 4.5% over three. The quarterly path is worse. Across the last four quarters, year-over-year growth slid from 10.0% to 5.0%, then to declines of 3.5% and 4.0%. That turn to shrinking quarterly sales is the risk to weigh.
Phones Still Bring In About Half The Sales
In fiscal Q3 2026, handset chip revenue was $5.1 billion, about half of the $9.9 billion total. The CEO says unprecedented memory prices, plus supply shortages driven by data center demand, are pulling revenue down across mobile and consumer electronics. Management puts the net effect at a 20% drop in its Android chip revenue in 2026 from 2025.
And Apple Revenue Is Exiting Faster Than Planned
Apple is the second drag. Citing its own supply constraints, Qualcomm said on its fiscal Q3 2026 call that it expects materially lower share in new iPhone launches than its prior 20% estimate. An ****** yst put fiscal 2026 Apple product revenue at about $7.5 billion, and management called that a fair range.
#revenue #Apple #fiscal #management
Phones Still Bring In About Half The Sales
In fiscal Q3 2026, handset chip revenue was $5.1 billion, about half of the $9.9 billion total. The CEO says unprecedented memory prices, plus supply shortages driven by data center demand, are pulling revenue down across mobile and consumer electronics. Management puts the net effect at a 20% drop in its Android chip revenue in 2026 from 2025.
And Apple Revenue Is Exiting Faster Than Planned
Apple is the second drag. Citing its own supply constraints, Qualcomm said on its fiscal Q3 2026 call that it expects materially lower share in new iPhone launches than its prior 20% estimate. An ****** yst put fiscal 2026 Apple product revenue at about $7.5 billion, and management called that a fair range.
#revenue #Apple #fiscal #management
1 day ago
Palo Alto Networks, Inc. (NASDAQ:PANW) is entering its fiscal 2027 with strong momentum, particularly in next-generation security. But investors now demand more from the cybersecurity company after its stock rallied sharply.
On September 7, PhillipCapital downgraded Palo Alto stock to Neutral from Accumulate but raised the price target to $346 from $320.
PhillipCapital's move captures the central investment debate. It's that Palo Alto's opportunities are compelling, but the stock's roughly 160% rise from its February low to its August peak has raised the bar for further gains.
Palo Alto Networks, Inc. (NASDAQ:PANW)'s revenue rose 34% YoY to $3.4 billion in fiscal 2026 fourth quarter. More importantly, Next-Generation Security ARR (NGS ARR) surged 63% to $9.10 billion. The company added nearly $1 billion of net new NGS ARR in the quarter. The company targets $20 billion in NGS ARR by fiscal 2030, as it expects platformization and AI infrastructure investment to continue driving growth.
More than 65% of Palo Alto's NGS ARR comes from platformized customers. Meanwhile, AI is expanding the addressable market. As enterprises deploy agents, Palo Alto offerings such as Prisma AIRS and Cortex, alongside CyberArk's identity-security platform, can address emerging needs.
#palo #company #NASDAQ #PANW
On September 7, PhillipCapital downgraded Palo Alto stock to Neutral from Accumulate but raised the price target to $346 from $320.
PhillipCapital's move captures the central investment debate. It's that Palo Alto's opportunities are compelling, but the stock's roughly 160% rise from its February low to its August peak has raised the bar for further gains.
Palo Alto Networks, Inc. (NASDAQ:PANW)'s revenue rose 34% YoY to $3.4 billion in fiscal 2026 fourth quarter. More importantly, Next-Generation Security ARR (NGS ARR) surged 63% to $9.10 billion. The company added nearly $1 billion of net new NGS ARR in the quarter. The company targets $20 billion in NGS ARR by fiscal 2030, as it expects platformization and AI infrastructure investment to continue driving growth.
More than 65% of Palo Alto's NGS ARR comes from platformized customers. Meanwhile, AI is expanding the addressable market. As enterprises deploy agents, Palo Alto offerings such as Prisma AIRS and Cortex, alongside CyberArk's identity-security platform, can address emerging needs.
#palo #company #NASDAQ #PANW
1 day ago
NVIDIA Corporation (NASDAQ:NVDA) is expanding its global AI infrastructure ambitions, with Australia emerging as an important new market for its growing portfolio of GPUs, CPUs, networking products, and AI software.
On September 9, it announced strategic partnerships with Australian NVIDIA Cloud Partners (NCPs) and AI infrastructure providers as it works with local partners toward an AI infrastructure buildout of up to 2 gigawatts by 2027.
The initiative will expand the availability of land, power, and data center shell capacity designed to host multiple generations of Nvidia's DSX AI factory infrastructure. While the buildout is designed to meet Australia's growing demand for AI computing, it could also create a significant new source of demand for Nvidia's hardware and software ecosystem.
The Australian buildout could benefit NVIDIA Corporation (NASDAQ:NVDA) beyond the initial sale of GPUs. Nvidia will provide its DSX platform, accelerated computing, networking, software, and ecosystem support to the emerging network of AI factories. DSX is also compatible with Nvidia's CUDA ecosystem.
As enterprises, universities, government agencies, and startups increasingly build AI workloads around Nvidia's architecture, the company could strengthen CUDA's position as the underlying software platform for AI development and deployment.
#NASDAQ #australian
On September 9, it announced strategic partnerships with Australian NVIDIA Cloud Partners (NCPs) and AI infrastructure providers as it works with local partners toward an AI infrastructure buildout of up to 2 gigawatts by 2027.
The initiative will expand the availability of land, power, and data center shell capacity designed to host multiple generations of Nvidia's DSX AI factory infrastructure. While the buildout is designed to meet Australia's growing demand for AI computing, it could also create a significant new source of demand for Nvidia's hardware and software ecosystem.
The Australian buildout could benefit NVIDIA Corporation (NASDAQ:NVDA) beyond the initial sale of GPUs. Nvidia will provide its DSX platform, accelerated computing, networking, software, and ecosystem support to the emerging network of AI factories. DSX is also compatible with Nvidia's CUDA ecosystem.
As enterprises, universities, government agencies, and startups increasingly build AI workloads around Nvidia's architecture, the company could strengthen CUDA's position as the underlying software platform for AI development and deployment.
#NASDAQ #australian
1 day ago
Interested in American Tower Corporation? Here are five stocks we like better.
2026 is expected to be American Tower's organic growth trough, with tenant billings growth projected to accelerate in 2027 as Dish Network churn fades and carrier network investment improves.
Future demand could be supported by 5G capacity expansion, higher-band spectrum, AI-driven uplink traffic and eventual 6G deployments. CoreSite's data-center business is also benefiting from rising bandwidth and cloud-interconnection demand.
American Tower is targeting 200–300 basis points of tower-business margin expansion and mid- to upper-mid-single-digit long-term AFFO-per-share growth, while Dish litigation and a Mexico arbitration could provide additional upside if resolved favorably.
AST ****** eMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
#Growth #expansion #interested
2026 is expected to be American Tower's organic growth trough, with tenant billings growth projected to accelerate in 2027 as Dish Network churn fades and carrier network investment improves.
Future demand could be supported by 5G capacity expansion, higher-band spectrum, AI-driven uplink traffic and eventual 6G deployments. CoreSite's data-center business is also benefiting from rising bandwidth and cloud-interconnection demand.
American Tower is targeting 200–300 basis points of tower-business margin expansion and mid- to upper-mid-single-digit long-term AFFO-per-share growth, while Dish litigation and a Mexico arbitration could provide additional upside if resolved favorably.
AST ****** eMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
#Growth #expansion #interested
1 day ago
GE Aerospace (NYSE:GE) is making its largest acquisition since becoming a standalone publicly traded company. It agreed to acquire Consolidated Precision Products (CPP) for around $12 billion.
CPP is one of the world's largest precision castings providers. It's a major GE supplier. Precision castings is a major pressure point for the aerospace engines industry. Acquiring CPP would give GE Aerospace greater control over a critical part of its engine supply chain.
And the deal could strengthen GE's ability to meet demand already sitting in its backlog. But the investment case depends on whether additional production capacity generates enough free cash flow to justify the deal's premium price.
rommma/Shutterstock.com
Engine manufacturers like GE Aerospace (NYSE:GE) are struggling to keep pace with surging demand due to supply chain constraints. CPP is a major supplier of precision castings for GE's LEAP and GEnx engines. GE plans to raise CPP's output. It would do that by improving factory yields and machine use. With the CPP deal, GE also sees a path to accelerate production of new engine technologies.
#NYSE #largest #engines #supply
CPP is one of the world's largest precision castings providers. It's a major GE supplier. Precision castings is a major pressure point for the aerospace engines industry. Acquiring CPP would give GE Aerospace greater control over a critical part of its engine supply chain.
And the deal could strengthen GE's ability to meet demand already sitting in its backlog. But the investment case depends on whether additional production capacity generates enough free cash flow to justify the deal's premium price.
rommma/Shutterstock.com
Engine manufacturers like GE Aerospace (NYSE:GE) are struggling to keep pace with surging demand due to supply chain constraints. CPP is a major supplier of precision castings for GE's LEAP and GEnx engines. GE plans to raise CPP's output. It would do that by improving factory yields and machine use. With the CPP deal, GE also sees a path to accelerate production of new engine technologies.
#NYSE #largest #engines #supply
1 day ago
Oklahoma State quarterback Drew Mestemaker officially introduced himself to the grander college football world as a budding superstar on Saturday in his team's upset home win over No. 6 Oregon.
Taking down the Ducks is no small feat, particularly for an unranked program like the Cowboys. However, Mestemaker's heroics and stellar stat line (317 passing yards, two touchdowns; 109 rushing yards, one touchdown) buffeted a Cowboys offense that scored 39 on Oregon's vaunted defense.
One touchdown saw Mestemaker quite literally take air and fly into the end zone, which feels like the defining moment of his college football career so far. It's a majestic play; no wonder the NFL may be keen on this guy.
This is the statement play every breakout game demands; what an afternoon in Stillwater for Mestemaker.
Drew Mestemaker FLEW on the touchdown 😱 pic.twitter.com/fBTRv0cq7X
#cowboys
Taking down the Ducks is no small feat, particularly for an unranked program like the Cowboys. However, Mestemaker's heroics and stellar stat line (317 passing yards, two touchdowns; 109 rushing yards, one touchdown) buffeted a Cowboys offense that scored 39 on Oregon's vaunted defense.
One touchdown saw Mestemaker quite literally take air and fly into the end zone, which feels like the defining moment of his college football career so far. It's a majestic play; no wonder the NFL may be keen on this guy.
This is the statement play every breakout game demands; what an afternoon in Stillwater for Mestemaker.
Drew Mestemaker FLEW on the touchdown 😱 pic.twitter.com/fBTRv0cq7X
#cowboys
1 day ago
Steelers news: AFC executive hits Joey Porter Jr. with humbling take amid contract dispute appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Ahead of Sunday's season opener against the Atlanta Falcons, Pittsburgh Steelers cornerback Joey Porter Jr. spoke to reporters about the status of his contract negotiations, hoping for an agreement to be reached before kickoff. He explicitly dismissed rumors suggesting he demanded to become the NFL's highest-paid cornerback while trying to manage outside expectations about his contract demands.
Despite Porter's efforts to temper expectations, personnel evaluators around the league are skeptical about his true market value. There is a high-stakes standoff in Pittsburgh, with front-office executives questioning whether the 26-year-old cornerback has earned the right to command top compensation alongside the league's elite defensive players.
An in-depth report from The New York Times included a sobering **** sment from a rival AFC executive on Porter's leverage and standing: "Is Joey Porter as good as maybe he values himself? I would **** ume he wants to be on par with Surtain/Horn, maybe even higher. But he isn't at that level as a player. Perhaps the Steelers are willing to accept a compensatory pick or a franchise tag instead of committing to what might be an overestimate."
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#steelers #contract
Ahead of Sunday's season opener against the Atlanta Falcons, Pittsburgh Steelers cornerback Joey Porter Jr. spoke to reporters about the status of his contract negotiations, hoping for an agreement to be reached before kickoff. He explicitly dismissed rumors suggesting he demanded to become the NFL's highest-paid cornerback while trying to manage outside expectations about his contract demands.
Despite Porter's efforts to temper expectations, personnel evaluators around the league are skeptical about his true market value. There is a high-stakes standoff in Pittsburgh, with front-office executives questioning whether the 26-year-old cornerback has earned the right to command top compensation alongside the league's elite defensive players.
An in-depth report from The New York Times included a sobering **** sment from a rival AFC executive on Porter's leverage and standing: "Is Joey Porter as good as maybe he values himself? I would **** ume he wants to be on par with Surtain/Horn, maybe even higher. But he isn't at that level as a player. Perhaps the Steelers are willing to accept a compensatory pick or a franchise tag instead of committing to what might be an overestimate."
Watch sports LIVE with fuboTV (free trial)
#steelers #contract
2 days ago
President Trump said Friday he's "99 percent" sure he could have given a speech at the New York City 9/11 ceremony if he wanted to, while pushing back on reports that said he didn't attend because he wouldn't be able to give a speech.
"It's just not true. I didn't demand to speak," he told Sid Rosenberg on 77 WABC on Friday.
"I'm sure if I wanted to speak, they would have let me," he said, adding that he's president and he knows "the guys down there."
"I am 99 percent sure," he continued.
The New York Times reported last month that the president's team told the organizers of New York City's ceremony that he would like to speak. The National September 11 Memorial and Museum has banned speeches from politicians at the ceremony since 2012.
#percent #speech
"It's just not true. I didn't demand to speak," he told Sid Rosenberg on 77 WABC on Friday.
"I'm sure if I wanted to speak, they would have let me," he said, adding that he's president and he knows "the guys down there."
"I am 99 percent sure," he continued.
The New York Times reported last month that the president's team told the organizers of New York City's ceremony that he would like to speak. The National September 11 Memorial and Museum has banned speeches from politicians at the ceremony since 2012.
#percent #speech
2 days ago
The opening round at the Irish Open delivered a brutal test of patience and precision. Trump International Golf Links & Hotel, Ireland, saw play slowed significantly across the field as strong winds dominated the conditions. Defending champion Rory McIlroy managed to stay in the hunt, carding a 1-under 69 despite a costly double bogey on the 13th hole. While he sits four shots behind the leader, his position remains viable heading into the second day. The defending champion knows the margin for error is slim when the elements turn hostile. He remains tied for 17th place, a spot that offers hope but demands immediate improvement to challenge for the **** le.
According to GolfMagic, Joaquin Niemann seized the early lead with a spectacular 5-under 65. The LIV Golf standout made his move with four consecutive birdies from the 14th to the 17th holes. His drive on the 14th landed a mere three feet from the cup, creating a simple birdie opportunity that propelled his charge. Niemann's sole mistake was a bogey on the 12th following a three-putt. When asked about the experience, he noted, "It was a lot of fun out there."It's a really tricky course and a really fun golf course to play, especially with the Irish weather, he also praised the layout, stating. Despite the pressure of chasing the leader, Niemann capitalized on the scoring opportunities while others struggled.
Rory McIlroy's round told a different story of resilience. His tee shot at the 13th rolled into a bunker, hit the lip, and came back into the sand. His second shot then hit below the lip, skipped out of the sand, and landed on the fairway, yet the damage was done with a double bogey. Playing alongside Brooks Koepka, who shot a 75 after a triple bogey start, McIlroy faced a difficult back nine. Koepka's struggles on the opening hole highlighted how the high grass and wind punished errant shots. Despite his own errors, McIlroy managed to finish under par. "I hung in there, shot under par, and at least don't feel like I'm out of the tournament," he admitted. He added, "A good day tomorrow gets me right back in it."
Shane Lowry provided a local perspective on the day's difficulty. According to ESPN, Lowry finished at 67 and remained bogey-free on the back nine. He was tied with Shaun Norris. Lowry faced the same darkness issues as others, noting, "I honestly didn't think we were going to get finished." That's probably the longest round of golf I ever played, in a three-ball, anyway. I'm happy with my score."I felt like I did a solid job of making pars and trying to get to the clubhouse as quick as I could," he explained his strategy, saying. Meanwhile, Adrian Meronk was at 3 under but unable to finish before darkness fell. Patrick Reed shot 68 in the challenging conditions.
The gap between McIlroy and Niemann is significant but not insurmountable. Four shots is a manageable deficit in a four-round event, provided the weather cooperates. McIlroy's ability to recover from the bunker disaster
According to GolfMagic, Joaquin Niemann seized the early lead with a spectacular 5-under 65. The LIV Golf standout made his move with four consecutive birdies from the 14th to the 17th holes. His drive on the 14th landed a mere three feet from the cup, creating a simple birdie opportunity that propelled his charge. Niemann's sole mistake was a bogey on the 12th following a three-putt. When asked about the experience, he noted, "It was a lot of fun out there."It's a really tricky course and a really fun golf course to play, especially with the Irish weather, he also praised the layout, stating. Despite the pressure of chasing the leader, Niemann capitalized on the scoring opportunities while others struggled.
Rory McIlroy's round told a different story of resilience. His tee shot at the 13th rolled into a bunker, hit the lip, and came back into the sand. His second shot then hit below the lip, skipped out of the sand, and landed on the fairway, yet the damage was done with a double bogey. Playing alongside Brooks Koepka, who shot a 75 after a triple bogey start, McIlroy faced a difficult back nine. Koepka's struggles on the opening hole highlighted how the high grass and wind punished errant shots. Despite his own errors, McIlroy managed to finish under par. "I hung in there, shot under par, and at least don't feel like I'm out of the tournament," he admitted. He added, "A good day tomorrow gets me right back in it."
Shane Lowry provided a local perspective on the day's difficulty. According to ESPN, Lowry finished at 67 and remained bogey-free on the back nine. He was tied with Shaun Norris. Lowry faced the same darkness issues as others, noting, "I honestly didn't think we were going to get finished." That's probably the longest round of golf I ever played, in a three-ball, anyway. I'm happy with my score."I felt like I did a solid job of making pars and trying to get to the clubhouse as quick as I could," he explained his strategy, saying. Meanwhile, Adrian Meronk was at 3 under but unable to finish before darkness fell. Patrick Reed shot 68 in the challenging conditions.
The gap between McIlroy and Niemann is significant but not insurmountable. Four shots is a manageable deficit in a four-round event, provided the weather cooperates. McIlroy's ability to recover from the bunker disaster
2 days ago
Missouri football news: Eli Drinkwitz scolds players mid-interview for stealing Kansas band's drum appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Eli Drinkwitz had just finished the biggest statement win of Missouri's young season, and he could not even get through a postgame interview before something else demanded his attention. The Tigers beat Kansas 38-21 on Friday night at David Booth Kansas Memorial Stadium, their first win in Lawrence since 2001 and their fifth straight in the renewed Border War, but the scene immediately after the final whistle turned chaotic.
Speaking with Fox's Josh Sims on the field, Drinkwitz was mid-answer praising his team's resilience when he spotted trouble behind him. "Our guys didn't flinch. It's a big time win and really proud of my…" he began, before cutting himself off entirely. "I got to go make sure we don't have anything stupid happen here," Drinkwitz said, abandoning the interview and heading toward the commotion.
College Football Rivalries. So Back.
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#drinkwitz #interview #Football #missouri
Eli Drinkwitz had just finished the biggest statement win of Missouri's young season, and he could not even get through a postgame interview before something else demanded his attention. The Tigers beat Kansas 38-21 on Friday night at David Booth Kansas Memorial Stadium, their first win in Lawrence since 2001 and their fifth straight in the renewed Border War, but the scene immediately after the final whistle turned chaotic.
Speaking with Fox's Josh Sims on the field, Drinkwitz was mid-answer praising his team's resilience when he spotted trouble behind him. "Our guys didn't flinch. It's a big time win and really proud of my…" he began, before cutting himself off entirely. "I got to go make sure we don't have anything stupid happen here," Drinkwitz said, abandoning the interview and heading toward the commotion.
College Football Rivalries. So Back.
Watch sports LIVE with fuboTV (free trial)
#drinkwitz #interview #Football #missouri
2 days ago
ROCKFORD, Ill. (WTVO/WQRF)— In a matchup of two football programs that like to run the football, Belvidere North prevailed against Rockford East 41-20 Friday night.
North earns its second straight win after dropping its two opening games to NIC-10 powerhouses Guilford and Harlem. Watch the media player for highlights of this game.
Note: For complete coverage of Rockford area football all season, watch 'Overtime' Friday nights on FOX 39 following FOX's Friday night college football game. You can also watch 'Overtime' on demand through the weekend on the MyStateline+ app on your smart TV and on Mystateline.com by clicking the 'Watch' tab.
Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.For the latest news, weather, sports, and streaming video, head to MyStateline | WTVO WQRF News, Weather and Sports.
#Friday
North earns its second straight win after dropping its two opening games to NIC-10 powerhouses Guilford and Harlem. Watch the media player for highlights of this game.
Note: For complete coverage of Rockford area football all season, watch 'Overtime' Friday nights on FOX 39 following FOX's Friday night college football game. You can also watch 'Overtime' on demand through the weekend on the MyStateline+ app on your smart TV and on Mystateline.com by clicking the 'Watch' tab.
Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.For the latest news, weather, sports, and streaming video, head to MyStateline | WTVO WQRF News, Weather and Sports.
#Friday
2 days ago
The bitter saga between Francis Ngannou and Dana White continues nearly four years after the Cameroonian parted ways with the UFC. For the unversed, Ngannou left the promotion in January 2023 after fighting out his contract, with negotiations breaking down over his desire to pursue boxing and other contractual demands.
White has repeatedly claimed that Ngannou is not a nice person to deal with and that he would never do business with him. Now, he has admitted that he was rooting against Ngannou when the heavyweight champion defended his ****** le against Ciryl Gane at UFC 270.
For the unversed, the fight took place in January 2022 and marked Ngannou's final Octagon appearance. The Cameroonian successfully defended his heavyweight crown before leaving the UFC after negotiations failed to reach an agreement that would keep him with the promotion.
ALSO READ: Justin Gaethje Breaks Down Ilia Topuria's Emotional and Technical Flaws at UFC Freedom 250
White even considers Ngannou as unlikable as Oscar de la Hoya, his longtime promotional rival. During an interview with BigBoyTV, he said, "Listen, Ngannou is on my Oscar De La Hoya list. Look at the history of Francis Ngannou and the other companies he's been with since. He's a bad guy, man. He's a bad guy. I'm just at a point in my life where I don't want to do business with bad guys. I just don't."
#ngannou
White has repeatedly claimed that Ngannou is not a nice person to deal with and that he would never do business with him. Now, he has admitted that he was rooting against Ngannou when the heavyweight champion defended his ****** le against Ciryl Gane at UFC 270.
For the unversed, the fight took place in January 2022 and marked Ngannou's final Octagon appearance. The Cameroonian successfully defended his heavyweight crown before leaving the UFC after negotiations failed to reach an agreement that would keep him with the promotion.
ALSO READ: Justin Gaethje Breaks Down Ilia Topuria's Emotional and Technical Flaws at UFC Freedom 250
White even considers Ngannou as unlikable as Oscar de la Hoya, his longtime promotional rival. During an interview with BigBoyTV, he said, "Listen, Ngannou is on my Oscar De La Hoya list. Look at the history of Francis Ngannou and the other companies he's been with since. He's a bad guy, man. He's a bad guy. I'm just at a point in my life where I don't want to do business with bad guys. I just don't."
#ngannou
2 days ago
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
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
2 days ago
NBA ticket prices are turning live basketball into a luxury appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
2 days ago
Deutsche Bank Aktiengesellschaft (NYSE:DB) said on September 7 that it had settled a Frankfurt lawsuit brought by former banker Dario Schiraldi, according to Reuters. He had sought €152 million in damages, but the settlement amount was not disclosed. The bank said the agreement would have only a small financial effect on third-quarter earnings.
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
2 days ago
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
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
2 days ago
Tamboran Resources Corporation (NYSE:TBN) announced September 7 that it and Daly Waters Energy, LP had begun gas sales from the Shenandoah South Pilot Project into Australia's Northern Territory network. The deliveries mark the Beetaloo Basin's first gas sales and move the project into revenue generation.
The Sturt Plateau Compression Facility has a capacity of approximately 48.5 million cubic feet per day. Contracted supply of approximately 38.8 million cubic feet per day is expected by early 2027 under a long-term take-or-pay agreement with the Northern Territory Government. These are gross project volumes. Commissioning gas receives a discounted price because supply remains interruptible.
Tamboran Resources Corporation (NYSE:TBN) now has a working route from wells through processing infrastructure to a customer. All five wells on the Shenandoah South 2 pad have been drilled, stimulated and connected to the facility. Initial deliveries reduce uncertainty around the physical connection between the resource and its market.
Contracted demand equals 80% of stated processing capacity, providing a substantial foundation for utilization once production reaches the target. Take-or-pay agreements generally require buyers to pay for committed volumes even if they do not take delivery, subject to contractual conditions.
The gas sales agreement specifies a fixed price with annual adjustments linked to Australia's Consumer Price Index. That structure provides more revenue visibility than relying entirely on spot-market demand, although the price remains confidential.
#corporation
The Sturt Plateau Compression Facility has a capacity of approximately 48.5 million cubic feet per day. Contracted supply of approximately 38.8 million cubic feet per day is expected by early 2027 under a long-term take-or-pay agreement with the Northern Territory Government. These are gross project volumes. Commissioning gas receives a discounted price because supply remains interruptible.
Tamboran Resources Corporation (NYSE:TBN) now has a working route from wells through processing infrastructure to a customer. All five wells on the Shenandoah South 2 pad have been drilled, stimulated and connected to the facility. Initial deliveries reduce uncertainty around the physical connection between the resource and its market.
Contracted demand equals 80% of stated processing capacity, providing a substantial foundation for utilization once production reaches the target. Take-or-pay agreements generally require buyers to pay for committed volumes even if they do not take delivery, subject to contractual conditions.
The gas sales agreement specifies a fixed price with annual adjustments linked to Australia's Consumer Price Index. That structure provides more revenue visibility than relying entirely on spot-market demand, although the price remains confidential.
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