This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and ***** ysis, subscribe to Bisnow's free suite of newsletters.
Despite office vacancy falling in most major cities, most landlords are still watching their margins shrink a half-decade after tenants embraced remote work.
Median total operating expense growth has exceeded revenue every year from 2021 through 2025, according to a Trepp ***** ysis of office properties backing CMBS loans.
Operating expenses have increased 2.7% annually, compared with a 1.3% growth rate for revenues. Net operating income has been squeezed to just a 0.2% uptick annually as a result.
Overall, the implied five-year growth rate is 14.3% for operating expenses and 6.7% for revenues. NOI was up just 1% during the period, according to Trepp's model.

#year #expenses

HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, said it has exceeded $1 million in daily revenue on Aug. 21.
The milestone combined income from Bitcoin mining and GPU cloud services for the first time at that level, according to preliminary, unaudited management estimates.
Since that date, the company has produced an average of approximately 12 Bitcoin per day, representing roughly 2% of global Bitcoin network production.
Its GPU cloud operations, run through wholly owned subsidiary BUZZ HPC, a sovereign AI cloud and high-performance computing provider, have generated approximately $100,000 in average daily revenue over the same period.
Related: Man declares bankruptcy with 34 cents while hiding millions

#Bitcoin #hive #daily #average

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

The Cooper Companies Inc. (NASDAQ:COO), a leading medical device company, announced its third quarter fiscal 2026 results on September 9. Topline went up 1% to $1.066 billion in comparison with the same quarter last year, which also included 1% organic growth. The company posted quarterly adjusted diluted EPS of $1.15, which represented a 4% jump from Q3 FY25. During the quarter, $339.1 million was spent on repurchasing around 4.9 million of the company's common shares. This leaves management with $1.5 billion of repurchase capacity, which remains available after the Board had raised its buyback authorization from $2 billion to $3 billion.
The quarter featured several encouraging highlights. These include earnings that exceeded projections, notable growth across the fertility segment within CooperSurgical, record free cash flow generation, and a major tax resolution in the company's favor.
GAAP gross margin went up from 65% in Q3 FY25 to 67% during the recent quarter, largely reflecting the comparison against fiscal 2025 inventory write-downs tied to a CooperSurgical product line exit. Adjusted operating margin improved by 30 basis points to 26%, supported by cost discipline and productivity gains, though partly offset by currency headwinds.
Interest expense fell to $21.5 million from $25.4 million a year prior, reflecting lower rates and reduced average debt. Free cash flow surged 66% to $273.0 million, driven by $341.7 million in operating cash flow less $68.7 million in capital spending.
Due to unfavorable currency movements and rising manufacturing costs, the Q3 gross margin settled at 67% on adjusted basis. This was a 60 basis point drop from Q3 FY25. Certain areas of the business grant caution, such as the CooperVision segment. It generated flat organic growth amid notable weakness across the Asia Pacific and Americas regions.

#billion #cash

LAS VEGAS — When the Miami Dolphins open the 2026 season against the Las Vegas Raiders, nearly a quarter of their active roster will consist of rookies. The Dolphins have 13 of them, most in the NFL, all with a story to tell on the road to realize their dreams.
For fullback DJ Herman, his reality exceeds anything he could have dreamed.
"I'm even more stoked than probably some of these other rookies because I'm going back to my hometown, where it all started, in Las Vegas," Herman said.
Herman figures "all the stars aligned" for his big day to be wrapped in a family reunion and personal cheering section about 50 strong.
Buy Miami Dolphins tickets on StubHub

#rookies #season

As continuous inflation squeezes household budgets, the discount retail sector should potentially benefit across the board, with middle- and lower-income consumers looking for value driving foot traffic into value chains. That's roughly what happened in the second-quarter reports from Dollar General Corporation (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR), both of which were released in late August. Both retailers outperformed expectations, though only one company's stock was rewarded for this.
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.

#TRAFFIC

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

Mississippi State football news: Nick Saban a believer in 'real deal' KaMario Taylor appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
KaMario Taylor showcased promising potential as a freshman last year. His ceiling presented an optimistic take for Nick Saban to express about the Mississippi State Bulldogs quarterback.
Taylor is preparing for the second year of his collegiate career with the Bulldogs. He made 11 appearances that included two starts in 2025, throwing for 629 yards with five touchdowns and one interception. Taylor also finished third on the team in rushing yards with 458 on just 82 carries while leading the team in rushing touchdowns with eight.
Saban talked about Taylor's skillset during an appearance on the Pat McAfee Show. He believed that the quarterback will exceed expectations and surprise a lot of people as a player in the SEC.
Watch sports LIVE with fuboTV (free trial)

#saban #state #kamario

The public legal dispute between members of Selena Quintanilla's family has intensified. Abraham "A.B." Quintanilla III has officially sued his sister, Suzette Quintanilla-Arriago, over profits related to their famed sister's estate.
In a lawsuit filed on Sept. 10, and obtained by Rolling Stone, Quintanilla III seeks an unspecified amount in damages and monetary relief exceeding $1 million. The suit alleges that as the manager of Selena's estate, Quintanilla-Arriago has not provided A.B. "with a complete accounting of the ******* ets, liabilities, revenues, expenses, transactions, distributions, and net profits" and "failed or refused to pay [him] the full amount of net profits and proceeds due to him."
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#profits #arriago #filed

Durham, North Carolina-based IQVIA Holdings Inc. (IQV) provides healthcare research services. Valued at $42.3 billion by market cap, the company offers ******* ytics, technology solutions, and clinical research services to the life sciences industry which helps them in the clinical development and commercialization of medical treatments that improve healthcare outcomes for patients.
Companies worth $10 billion or more are generally described as "large-cap stocks," and IQV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the diagnostics & research industry. With strong revenue growth and a global presence in over 100 countries, IQVIA's expertise and scale provide a competitive edge that is hard to replicate.
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#Research #Stock #healthcare

Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $26.4 billion by market cap, the company offers elevators, escalators, and other moving products.
Companies worth $10 billion or more are generally described as "large-cap stocks," and OTIS perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty industrial machinery industry. OTIS is the largest global elevator and escalator supplier, known for its innovative safety features dating back to 1854. The company boasts a loyal customer base and competitive edge, with its success lying in commanding premium pricing, securing long-term service contracts, and leveraging its installed base for consistent revenue.
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#tens #Stock #billion #market

While much of the clothing and footwear industry has spent this earnings season explaining away low consumer demand, Birkenstock Holding plc (NYSE:BIRK) showed an entirely different story, and investors rewarded it accordingly.
Shares of the German footwear manufacturer rose up to 20% on August 13 after the company published fiscal third-quarter earnings that exceeded expectations and prompted management to improve its full-year guidance. Revenue for the quarter came in at €720 million (about $829 million), up 13% on a reported basis and 15% in constant currency, exceeding ****** ysts expectations of around €713-715 million. Meanwhile, adjusted earnings per share of €0.74 happened to be somewhat lower than the €0.76 consensus, though this fact did little to dampen enthusiasm given the report's overall strength.
The headline change was direction. Birkenstock Holding plc (NYSE:BIRK) now targets fiscal 2026 revenue growth of 15% on a constant-currency basis, up from its previous range of 13% to 15%, putting the company at the upper end of its own previous objective rather than just reiterating it. Management also increased its adjusted EBITDA forecast to at least €710 million, up from a previous floor of €700 million, and now expects reported revenue to be at the high end of the €2.30 billion-€2.35 billion range.
According to Birkenstock Holding plc (NYSE:BIRK), the reason for some of the strength is simple: full-price demand from affluent buyers who haven't reduced their discretionary spending in the same manner that the broader consumer has. Strong pricing power and brand loyalty helped shield companies catering to wealthier customers from the broader spending pullback affecting much of the apparel and footwear sector, and Birkenstock's results reflect this across all regions it operates in, with the Americas growing 14%, EMEA 15%, and Asia-Pacific rising the fastest at 23%, all in constant currency terms.
Birkenstock Holding plc (NYSE:BIRK) has also carefully managed its balance sheet during this period of strength. On June 30, the company executed an accelerated share buyback program of €230 million, decreasing its outstanding share count by about 6 million shares. The move helped enhance per-share earnings growth, with adjusted EPS rising 19% year-over-year.

#million #birk #company

Brock Purdy continues to prove doubters by exceeding his career expectations. And following the San Francisco 49ers' 2026 opener against the Los Angeles Rams in Australia on Thursday, he obtained another record to his collection.
Despite a slow start, Purdy had a great performance leading the offense. He completed 25 out of 34 passes for 205 yards and three touchdowns and one interception.
Purdy completed the 50th game of his career, including his 46th start. His passing accuracy has been remarkable, getting 68.1% of his throws to fellow receivers. This paved the way for him to make NFL history, via Real App.
When healthy, Purdy shines as one of the best quarterbacks in the league. He was the final pick in the 2022 draft, adding more lore to his resume as a player that defied expectations and achieved remarkable success in the NFL.
Aug 20, 2026; Inglewood, California, USA; San Francisco 49ers quarterback Brock Purdy (13) throws the ball against the Los Angeles Chargers in the first half at SoFi Stadium. Mandatory Credit: Kirby Lee-Imagn Images Credit: IMAGN IMAGES via Reuters Connect (Reuters)

#francisco #reuters

On September 8, ServiceTitan, Inc. (NASDAQ:TTAN) reported its fiscal second-quarter financial results, which showed impressive growth. The company's revenue increased 21% year-over-year to $292.8 million and non-GAAP free cash flow reached a record $50.5 million. The company's non-GAAP operating margin also improved to 15.2%.
A key highlight of the quarter was the growing adoption of ServiceTitan, Inc.'s (NASDAQ:TTAN) AI-powered Max package. The company exceeded its target as the number of Max locations more than doubled during the quarter. It now expects to reach more than 700 Max locations by the end of the fiscal year.
The company also said that it is currently focusing on Max and AI, as these represent the highest return on investment. However, this also means that the company is deferring expansion into new commercial trades.
GTV Growth Slows Despite Strong Results
While overall results were solid, ServiceTitan, Inc. (NASDAQ:TTAN) saw some moderation in gross transaction volume (GTV) growth. GTV increased 17% year-over-year in the fiscal second quarter, down from the 23% growth seen in the first quarter. The company attributed the slower growth mainly to lower lead volumes among customers, particularly in the HVAC market.

#NASDAQ

Intel Corporation (NASDAQ:INTC) and ASML Holding N.V. (NASDAQ: ASML) have recently provided fresh evidence that High-NA EUV lithography is advancing in commercial manufacturing. At the SPIE Photomask Technology + Extreme Ultraviolet Lithography conference, the two companies announced several updates related to this technology and next-generation chip production.
While the update offers evidence of High-NA's manufacturing readiness, Intel faces a financial test about whether production improvements translate into better foundry returns. For ASML, it is whether greater manufacturing readiness ultimately leads to broader customer adoption and demand.
According to the companies, more than one million wafers have now been processed using High-NA EUV across early tool certification and testing, research and development efforts, and volume production on select layers for a subset of Intel® Core™ Ultra Series 3 processors, code-named Panther Lake.
The products that have been manufactured on Intel 18A using High NA for select layers continue to deliver performance, the companies noted, meeting or exceeding comparable layers patterned using the NXE platform.
This offers Intel early production experience with the technology. Back in July, ASML noted how Intel was the first company to ship a high-volume logic product manufactured using ASML's High NA EUV lithography technology.

#Intel #asml #technology #production

Microsoft (MSFT) is coming off the most profitable stretch it has posted in years, and its stock trades at $493.95, about 92% of its 52-week high. Nothing here is broken. The risk is quieter than that. The spending that came with those margins is still climbing, and the company has already told shareholders what it expects that to do to fiscal 2027.
Net margin over the trailing twelve months is 40.3%, the highest in at least five years and well above a 36.8% three-year average. Operating margin runs 46.8% against a 45.3% three-year average, near the top of its multi-year range. Revenue of $331.8 billion grew 17.8% year over year, so none of this came from a shrinking business.
Margins at a peak rarely stay there. This peak arrives with a specific and growing bill, and that bill is the Azure build-out.
Azure revenue grew 43% in fiscal Q4 2026, and management says customer demand still exceeds available capacity. Company-wide, the build-out took $41 billion of capital expenditure in that one quarter (including equipment acquired under leases), roughly two-thirds of it on what management calls short-lived **** ets, primarily CPUs and GPUs. Against $55.4 billion in cash from operations, cash actually paid for property and equipment was $35.8 billion, yielding $19.6 billion in free cash flow.
The bill is already visible in the margin. The company's gross margin was 67% in fiscal Q4 2026, down year over year, and management attributes the decline to the sales mix shift toward Azure and the AI infrastructure spending behind it, offset only partly by efficiency gains. Capital expenditure is guided higher again in fiscal 2027.

#azure #bill #cash

On September 2, Michael Genovese from Rosenblatt Securities reiterated his Neutral rating for Credo Technology Group Holding Ltd (NASDAQ:CRDO). The **** yst increased his price target for the stock from $215 to $235, which implies upside potential of almost 38% as of September 4 closing. Genovese's upward adjustment in price target in based on the company's recently announced Q1 FY27 results, leading him to increase his projections for FY27 and FY28. Despite that, he has a Neutral stance because he still wants more visibility around the company's ZeroFlap Optical Transceivers proof points, as well as the incremental revenues from its acquisition of Dust Photonics in May.
Photo by Yogesh Phuyal on Unsplash
Credo's acquisition of DustPhotonics gives it a vertically integrated connectivity stack covering DSP, silicon photonics, SerDes and system integration. This allows the company to tap into both optical and electrical interconnects across the entire AI infrastructure buildout. Together with its optical DSPs and ZeroFlap transceivers, the deal is expected to be a key growth driver in FY27, supported by resilient hyperscale customer sentiment.
Following the DustPhotonics transaction, Credo reported a strong first quarter for FY27. Topline of $479 million jumped 115% compared to Q1 in FY26. Adjusted non-GAAP net income of $236.3 million was up 140% year-over-year, as the company broadens its connectivity portfolio stack. It now spans copper and optical solutions, ranging from millimeters to kilometers, which enables Credo to meet the scaling needs of AI infrastructure with energy-efficient and reliable products.
For FY27, Credo expects a strong inflection with optical revenues expected to exceed $600 million. Management projects contributions over $100 million each from silicon photonics, ZeroFlap optics, and optical DSPs. Full-year revenue growth is expected to be over 85% year-over-year. Adjusted gross margins are likely to remain consistent with fiscal 2026 levels, along with adjusted net margins of around 50%.

#expected

Adobe Inc. (NASDAQ:ADBE) is asking designers who use Figma, Inc. (NYSE:FIG) and similar tools to help test Project Oasis, a web-based graphic-design tool with brand-aware AI. The September 7 community invitation seeks feedback under a nondisclosure agreement before public launch. That makes it an early competitive signal, with neither customer wins nor meaningful revenue established.
The investment question is whether easier AI design draws marketing budgets toward Adobe or encourages customers to do more inside Figma. Both already serve people creating branded visual material. Winning that workflow could support subscriptions and paid AI usage, but another tool also gives customers another reason to compare prices.
Copyright: photogearch / 123RF Stock Photo
Adobe Inc. (NASDAQ:ADBE) reported fiscal second-quarter revenue of $6.62 billion, up 13%, for the period ended May 29. Its AI-first annualized recurring revenue exceeded $500 million and more than tripled year over year. Those figures give its AI strategy substance beyond a product invitation. Its established creative customer base could also make testing and distribution easier.
The risk is that product experimentation fails to produce additional spending. Adobe must persuade customers that new capabilities deserve payment while competitors make basic ******* et creation easier. Oasis currently provides no disclosed conversion rate or financial contribution with which investors can test that proposition. Its invitation targets brand-identity and marketing workflows, so success would need to solve repeatable production problems. Generating an attractive demonstration is a different hurdle from becoming the tool a team pays to use every week.

#tool #easier

The U.S. Treasury Department on Wednesday announced it would purchase up to $6 billion in long-dated government bonds in its first buyback operation under the expanded program, tripling the standard $2 billion size and exceeding the $4 billion floor communicated in August.
The market reaction was decisively negative for bonds. The benchmark 10-year Treasury yield ($TNX) surged to approximately 4.85%, its highest level since November 2023, while the 30-year yield climbed back toward 5.30%, approaching the 19-year high of 5.34% reached last month.
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#treasury #crude

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the 25% revenue decline primarily to a technical 'algorithm dislocation' with its largest advertising partner, causing an audience drift that sharply increased customer acquisition costs (CPA) for IL MAKIAGE.
The company is prioritizing technical remediation over immediate growth for IL MAKIAGE, shifting resources toward intensive testing to retrain the ad algorithm rather than executing its planned product pipeline.
SpoiledChild is demonstrating operational resilience, on track for $350 million in 2026 revenue by maintaining strong unit economics and 12-month net revenue repeat rates exceeding 100% despite broader platform headwinds.
The launch of METHODIQ signals a strategic pivot toward the 'beauty and medicine' convergence, leveraging computer vision and ODDITY Labs' patented molecules to capture higher-intent medical-grade customers.

#tell #management

DeepSeek has engaged CITIC Securities to prepare for an initial public offering on Shanghai's STAR Market, according to Reuters, citing two people with knowledge of the matter who spoke on condition of anonymity.
The Hangzhou-based AI startup aims to begin the IPO process this year, according to Reuters. The timing of a potential offering, the amount DeepSeek could seek to raise, and its target valuation have not been determined. DeepSeek and CITIC did not respond to requests for comment.
In China, firms pursuing a mainland listing are generally required to retain a securities company for pre-IPO tutoring before they can file an application, Reuters notes. The previously undisclosed arrangement with CITIC suggests DeepSeek is making concrete progress toward a public offering.
The IPO push comes as DeepSeek seeks capital to fund computing infrastructure, model development, and talent retention amid competition from rival Chinese and U.S. AI firms. A person familiar with the matter told Reuters that Liang Wenfeng sees the IPO as a way to build a compensation structure capable of holding onto the startup's most important engineers and researchers. The company has lost talent to rivals including ByteDance and Xiaomi.
According to Reuters, DeepSeek is currently raising a new funding round at a valuation of 500 billion yuan ($75 billion). In June, the startup closed a round of roughly $7.4 billion at a post-money valuation exceeding $50 billion, with Liang Wenfeng personally contributing 20 billion yuan. Tencent Holdings and battery company CATL contributed 10 billion yuan and 5 billion yuan, respectively, becoming the largest external shareholders, according to Reuters.

#deepseek #according #company

Ayyoub Bouaddi has handled everything thrown at him since joining Manchester City with remarkable composure - though his leisurely strolls may need rerouting after recent events.
The Moroccan midfielder has been able to traverse the city center's sidewalks over recent weeks, moving about unnoticed and unrecognized despite sealing an £85 million ($117 million) transfer from Lille. However, the teenager with a distinctive look can't remain incognito much longer after delivering an impressive performance in his maiden start for the Blues.
City shelled out a premium price for Bouaddi - exceeding what rival clubs were prepared to pay - because they were confident he could slot directly into a squad that lost Rodri and Bernardo Silva from their engine room during the summer window. The 18-year-old has been gradually integrated but entered the lineup for the UEFA Champions League fixture in Porto, replacing £116 million ($155.2 million) signing Elliot Anderson.
-Credit:NurPhoto, NurPhoto via Getty Images
While more experienced teammates around him struggled, Bouaddi provided a steadying influence from kickoff and moved effortlessly across the turf to give Enzo Maresca's squad command of proceedings. The manager was all smiles when questioned about the player postgame and joined a growing roster of those who've encountered Bouaddi in praising him as an exceptional prospect.

#manchester #lille

Winning the program's first state championship in 2025 - in his first season no less - hasn't affected St. Ignatius football coach JaJuan Lawson or his Wildcats one bit. Despite losing 38 seniors to graduation, including eight All-West Catholic Athletic League performers, St. Ignatius has been perhaps the most impressive team in the WCAL through two weeks. The Wildcats have recorded back-to-back identical 42-7 wins over two-time North Bay state champions San Marin-Novato and Marin Catholic-Kentfield.
Senior running back Luke Tribolet has been a workhorse with 34 carries for 208 yards and four touchdowns. Sophomore quarterback Isaac Liu has been terrific with 23 completions in 32 pass attempts for 350 yards and five touchdowns, three to junior Davion Moffett.
The defense has exceeded all expectations, led by junior linebacker Jack Riedy (12 tackles) and sophomore defensive back Casey Nelson (two interceptions, two caused fumbles, two recoveries).
"I don't think winning a state ***** le created any extra pressure on these kids," Lawson said. "We play in the most difficult league in Northern California. We're trying to get back to the top of the league honestly and that's what drives us. … New group, new goals."
The new goal is getting some revenge on Friday night and to beat one of the best teams in Northern California when the Wildcats visit Acalanes-Lafayette (2-0). The Wildcats, ranked seventh in the Metro Area, lost a wild 42-35 game last season in San Francisco to Acalanes, which is currently ranked No. 5 in the Bay Area.

#back #lawson #marin

Houston, Texas-based Kinder Morgan, Inc. (KMI) is one of North America's largest energy infrastructure companies. The company has a market cap of $69.9 billion and operates a vast network of pipelines and terminals that transport and store essential energy products
Companies with a market cap of $10 billion or more are typically referred to as "big-cap stocks." KMI fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the oil and gas midstream industry.
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#billion #houston

Lake Forest, Illinois-based W.W. Grainger, Inc. (GWW) distributes maintenance, repair, and operating products and services primarily in North America and internationally. The company has a market cap of $62.4 billion and operates through two segments, High-Touch Solutions North America and Endless ****** ortment, and provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." GWW fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the industrial distribution industry.
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#market #maintenance #lake #forest

Sunnyvale, California-based Fortinet, Inc. (FTNT) provides cybersecurity and convergence of networking and security solutions worldwide. The company has a market cap of $114.7 billion and offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC, application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software-as-a-service platform; FortiAI; among other offerings.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." FTNT fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the software infrastructure industry.
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#market #security

Bloom Energy (NYSE: BE), a developer of solid oxide fuel cells (SOFCs), has been one of the market's hottest growth stocks. Its shares surged more than 2,500% over the past two years, while its backlog swelled to $20 billion at the end of 2025. That's ten times the $2.0 billion in revenue it generated in 2025. ******* ysts expect its revenue to more than double to $4.1 billion this year, then grow 65% to $6.8 billion in 2027 and 46% to $9.9 billion in 2028.
That growth trajectory is impressive, but the recent introduction of its Power Connect system -- which could reduce its on-site installation time by more than 40% -- could help it exceed those bullish estimates. Let's see why this upgrade could matter more than the size of its backlog.
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Bloom's SOFCs can convert natural gas, biogas, propane, and hydrogen into electricity without any combustion. Its systems can also be deployed on-site in less than three months and bypass traditional electrical grids, which can require years to set up new connections.
Those advantages make SOFC systems a popular choice for data centers seeking to quickly expand their cloud and AI infrastructure while maintaining a smaller carbon footprint. Oracle, CoreWeave, Nebius, Equinix, and other data center giants already use its SOFC systems. Brookfield ******* et Management (NYSE: BAM), one of the world's largest ******* et managers, funds Bloom's development and deployment of those SOFC systems via a $25 billion partnership.

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The August consumer price index is due Friday at 8:30 a.m. ET and could determine whether the Federal Reserve raises interest rates next week, with the decision potentially coming down to whether core prices rise 0.2% or 0.3%.
Markets are increasingly leaning toward a hike after Thursday's producer-price report showed inflation remaining stubbornly high, even as Wall Street remains remarkably confident that core CPI will come in at 0.2%.
The median forecast among 17 economists surveyed by The Wall Street Journal is 0.22%. Every estimate, ranging from just 0.16% to 0.24%, rounds to 0.2%.
Kalshi traders are similarly concentrated around 0.2%. The prediction market gives core CPI an 87% chance of exceeding 0.1%, but only a 28% chance of coming in above 0.2%.

#core #wall #benzinga

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Record quarterly revenue of $87.1 million was driven by vigorous fleet expansion and strong market rates across both tanker and dry bulk segments.
Net income for the first half of 2026 reached $62.8 million, already exceeding the total profitability for the full year of 2025.
Operational utilization decreased to 73.5% due to a strategic decision to manage a concentrated schedule of six dry dockings to ensure future efficiency.
Suezmax rates surged in excess of $200 thousand a day following the end of the ceasefire period and Houthi-led trade disruptions in the Red Sea.

#houthi #analysts

GitLab Inc. (NASDAQ:GTLB) reported fiscal second-quarter revenue of $286.3 million, up 21% year over year, as gross bookings reached a company record. Annual recurring revenue, or ARR, is the annualized run rate of subscription revenue at period end and excludes professional services. GitLab Inc. (NASDAQ:GTLB) defines Net ARR as the change in ARR between periods on a bookings basis, measured by opportunity close date. Quarterly Net ARR grew more than 40%, which does not mean total ending ARR grew at that rate.
Dollar-based net retention was 117%, the same rounded figure as the first quarter. GitLab Inc. (NASDAQ:GTLB) said the underlying rate accelerated sequentially, although it declined from 121% one year earlier. Customers generating more than $100,000 of ARR increased 17% to 1,571. Current remaining performance obligations, or contracted revenue expected to be recognized within 12 months, rose 20% to $744.7 million. Total remaining performance obligations increased 16% to $1.2 billion.
Record bookings and management-reported sequential improvement in dollar-based net retention create a credible path to future subscription revenue. First orders more than doubled, while first-order Net ARR grew nearly 40%. Deals worth at least $500,000 increased more than 150%, and the Ultimate tier reached 59% of ARR after growing approximately 35%.
AI and consumption products are gaining early traction. Duo Agent Platform paid consumption run rate grew roughly 50% sequentially. GitLab Inc. (NASDAQ:GTLB) defines paid consumption run rate as a point-in-time annualized measure of credit and Flex commitments plus paid on-demand consumption, excluding trials and promotional credits. It exceeded $40 million, up from $15 million entering the quarter, but is not revenue or ARR. The increase included Flex, where existing subscription dollars can enter the commitment pool, so it was not necessarily incremental consumption demand.
GitLab Flex attracted more than 130 customers and over $20 million of commitments during its first six weeks, with most occurring at renewal. Flex lets customers allocate one commitment across seats, credits, and eligible consumption products, potentially reducing procurement friction as AI-driven activity grows.

#revenue #consumption #gtlb #first