Keysight Technologies, Inc. (NYSE:KEYS) delivered a fiscal third quarter that made AI testing look increasingly central to its growth story. Revenue increased 36.5% to $1.846 billion, while non-GAAP earnings rose 79% to $3.07 per share and exceeded consensus estimates. Management forecast fourth-quarter non-GAAP earnings of $3.34 to $3.40 per share and revenue of $1.93 billion to $1.95 billion, both above consensus estimates. Shares gained nearly 5% after hours on August 18.
The question is whether Keysight Technologies, Inc. (NYSE:KEYS) is entering a durable expansion or benefiting from a concentrated wave of AI data-center investment. Orders increased 56% to $2.091 billion, marking the second consecutive quarter above $2 billion and extending visibility beyond revenue already recognized.
Communications Solutions Group revenue reached $1.345 billion, up 43% on a reported basis and 36% on a core basis. Keysight's core measure excludes currency effects and acquisitions or divestitures completed during the preceding 12 months. Commercial communications revenue surged 56% to $1.006 billion, while aerospace, defense and government revenue rose 14%. Electronic Industrial Solutions Group revenue increased 21%.
Keysight Technologies, Inc. (NYSE:KEYS) participates across the AI infrastructure development process, from pre-silicon design and chip validation to testing transceivers, high-speed networks, servers and complete data-center systems. Faster interconnects and more complex architectures create additional validation requirements at each stage.
That breadth means Keysight Technologies, Inc. (NYSE:KEYS) is not dependent on the commercial success of one chip or networking product. Customers must test compatibility, performance, power efficiency, and security as systems move from design into deployment. Those requirements can continue through successive hardware transitions even as leadership changes among individual suppliers.

#keysight #keys #gaap

Klarna Group plc (NYSE:KLAR) reported second-quarter net income of $9 million, reversing a $53 million loss a year earlier and remaining profitable after posting positive net income in the first quarter of 2026. Revenue increased 27% to $1.04 billion, while transaction margin dollars rose 42% to $446 million. Yet the shares closed 22.8% lower as investors focused on weaker expectations for the rest of the year.
Klarna Group plc (NYSE:KLAR) reduced its 2026 gross merchandise volume forecast to $149 billion to $151 billion from more than $155 billion and lowered its revenue outlook to $4.08 billion to $4.16 billion from more than $4.34 billion. Management cited weaker expectations for Germany, its largest market by volume. Currency movements accounted for approximately $600 million of the reduction in full-year GMV guidance.
The reported quarter showed continued growth and improved profitability, but the revised forecasts suggested that momentum in a core European market is slowing. For Klarna Group plc (NYSE:KLAR), the central question is whether better transaction economics can outweigh weaker growth expectations.
U.S. GMV increased 27%, outpacing companywide GMV growth of 18%, while credit loss provisions declined to 0.52% of GMV from 0.56%. Klarna Group plc (NYSE:KLAR) also increased transaction margin dollars to 42.8% of revenue, more than 4.5 percentage points higher than a year earlier.
Klarna Group plc (NYSE:KLAR) raised its full-year transaction-margin-dollar forecast to $1.62 billion to $1.65 billion and expects company-defined non-IFRS adjusted operating income of $280 million to $300 million. Transaction margin dollars, another company-defined non-IFRS measure, equal revenue less processing and servicing costs, credit loss provisions, and funding costs. The expansion indicates that higher volume is producing stronger economics after those direct costs.

#revenue

Amer Sports, Inc. (NYSE:AS) enters its second-quarter report with a tougher problem than weak demand: clearing a bar it raised itself. First-quarter revenue climbed 32% to $1.945 billion, while Technical Apparel grew 33% and Outdoor Performance surged 42%. The strength prompted management to lift its 2026 revenue-growth outlook to 20% to 22% and adjusted EPS guidance to $1.18 to $1.23. For the second quarter, consensus estimates call for roughly $1.54 billion in revenue and adjusted EPS of $0.11. For Amer Sports, Inc. (NYSE:AS), simply delivering another solid quarter may not be enough. The report will test whether Arc'teryx and Salomon can maintain premium growth and support another guidance increase.
Amer Sports, Inc. (NYSE:AS) delivered more than headline growth in the first quarter. Direct-to-consumer revenue rose nearly 45% and represented about half of total sales. Adjusted gross margin expanded 200 basis points to 60%, while adjusted operating margin improved 160 basis points to 17.4%. Technical Apparel's adjusted operating margin reached 26.4%, and Outdoor Performance's margin climbed to 20.4%.
The breadth also helped Amer Sports, Inc. (NYSE:AS) make a stronger case that its momentum is durable. Revenue increased 44.5% in Greater China, 26.6% in Europe, the Middle East and Africa, and 18.1% in the Americas. That mix shows the story is broader than one geography, even though China remains a major growth engine.
The bull case for Amer Sports, Inc. (NYSE:AS) rests on premium brands growing through several channels at once. Technical Apparel direct-to-consumer revenue, led by Arc'teryx, rose 40.8%, while Outdoor Performance direct-to-consumer revenue, led by Salomon, increased 56.9%. Technical Apparel omni-comp rose 18.5%, while Outdoor Performance omni-comp increased 28.8%, suggesting growth was not purely driven by new-store expansion.
Arc'teryx owned retail stores increased from 176 to 257, with the increase including 46 acquired stores in Korea. Salomon's owned retail store count rose 40.2% from 241 to 338. More stores, strong digital demand and premium pricing can continue lifting sales while supporting margins, particularly if footwear and apparel become larger parts of the mix.

#revenue #quarter #apparel #Growth

Interested in OBOOK Holdings Inc.? Here are five stocks we like better.
OwlTing is shifting toward commercializing OwlPay, its stablecoin-enabled cross-border settlement platform. The company has approximately 80 signed enterprise relationships, but many remain in sales, integration or onboarding rather than generating production volume.
Management is targeting more than $1 billion in ******* ulative OwlPay payment volume in 2026, while emphasizing enterprise trade, treasury and liquidity-management flows. Visa Direct activity is expected to begin in the fourth quarter, with further expansion planned across ******* an, Taiwan and other regional markets.
First-half revenue was broadly flat at $3.87 million, while net loss widened to $18.82 million, partly due to $10.4 million in non-cash share-based compensation and $2.5 million in finance costs. The company ended June with $10.19 million in cash and cash equivalents and $1.67 million in restricted cash.
OBOOK (NASDAQ:OWLS), which operates under the OwlTing Group brand, said its first-half 2026 results reflected a transition from building stablecoin-enabled payments infrastructure to commercializing its OwlPay cross-border settlement platform.

#owlpay #owlting #commercializing

Shares of H World Group Limited (NASDAQ:HTHT) jumped 11.3% to $46.61 on August 17 after second-quarter results combined continued growth, a higher outlook, and an aggressive capital-return program. Hotel turnover, which measures room and non-room transaction value across the network, increased 13.2% to RMB30.5 billion, while revenue rose 10.8% to RMB7.1 billion. The company raised its 2026 revenue-growth forecast to 4%-8% from 2%-6% and authorized up to $2.5 billion of dividends and repurchases over three years. For H World Group Limited (NASDAQ:HTHT), the question is whether those returns will come from stronger cash generation or eventually compete with hotel openings and upgrades.
As of June 30, H World Group Limited (NASDAQ:HTHT) operated 13,539 hotels with 1.34 million rooms and had 3,089 unopened hotels in its pipeline. Its China business opened 498 hotels and closed 176 during the quarter. Only one opening was leased and owned, underscoring how expansion is shifting toward managed and franchised properties. Across the group, 93% of rooms operated under those ****** et-light models.
H World Group Limited (NASDAQ:HTHT) ended June with RMB14.2 billion, or $2.1 billion, of cash and equivalents against RMB4.2 billion of debt. Including RMB142 million of restricted cash, net cash totaled RMB10.2 billion. Second-quarter operating cash inflow was RMB3.4 billion. The board also declared an approximately $275 million ordinary dividend, equal to $0.87 per American Depositary Share. The larger plan sets an aggregate three-year ceiling, while leaving the timing and mix of dividends and repurchases to the board.
H World Group Limited (NASDAQ:HTHT) is still expanding, not retreating. Management maintained its 2026 target of 2,200-2,300 gross hotel openings, and nearly every China opening during the quarter used a manachised or franchised structure. Franchisees supply much of the property capital, while H World supplies brands, technology, reservations and operating support.
That structure is already improving the earnings mix. Franchised revenue increased 25.2% to RMB3.6 billion, while H World Group Limited (NASDAQ:HTHT) lifted non-GAAP adjusted EBITDA 20.0% to RMB2.7 billion. Operating margin widened to 31.1% from 27.8%. If that momentum continues, shareholder returns can be funded without sacrificing network growth.

#World #cash #quarter #hotel

On August 13, Cellebrite (NASDAQ:CLBT) named a new chief executive and trimmed its full-year outlook on the same morning. Shiven Ramji stepped in as CEO effective that day, replacing Tom Hogan, while the company lowered its 2026 revenue and ARR targets after several large government deals slipped past the quarter. Management highlighted positive growth drivers during the call, including its first major FedRAMP contract for Guardian and early customer adoption for its newly launched AI platform, Genesis.
Underneath the disappointment, the underlying numbers still point up. Annual recurring revenue grew 21% year over year to $508 million, and revenue reached $131 million, up 16%, with subscription revenue making up 91% of that total. Gross margin was 86%, and adjusted EBITDA reached $31.8 million (a 24% margin). Cellebrite also raised its full-year adjusted EBITDA target to $153 million to $159 million.
Growth is also getting broader. Defense and intelligence ARR jumped 25%, and U.S. federal government growth accelerated into the mid-teens after sitting flat at the end of 2025. Asia Pacific was the standout region, growing 29%. The newer products are starting to matter too. Cellebrite closed its first major FedRAMP deal for Guardian with a long-standing US federal customer, an initial seven-figure order that was nearly 35 times the average annual spend of roughly $50,000 by a typical state or local agency. Genesis, a consumption-based AI product that launched June 10, 2026, pulled in about $400,000 in ARR within its first weeks and had already landed more than half a dozen customers by the end of the quarter, with trials expanding into the UK, Australia and Europe.
The reasons for the guidance cut are just as concrete. A handful of large transactions that management expected to close in the second quarter instead slipped beyond it, partly because of new administrative and procurement requirements tied to Cellebrite's foreign entity status with US federal and European government customers. At the same time, the shift toward the company's Insights product is not generating as much extra pricing and footprint expansion as expected, especially among US state and local government customers, where growth slowed to just below 20% from the mid-20% range a year earlier. Without newer product offerings such as Advanced Unlocks and Guardian Investigate, management said state and local government growth would have been in the mid-teens.

#Growth #quarter

On August 13, 2026, YETI Holdings (NYSE:YETI) reported second-quarter fiscal 2026 results that showed broad-based top-line expansion and operational progress. Sales climbed 9% year over year to roughly $484 million, with growth spread across every category, channel and region the company reports. CEO Matthew Reintjes told investors the quarter reinforced the company's structural breadth and scalability, even as YETI navigates an uneven consumer backdrop and ongoing macro uncertainty.
Coolers & Equipment led the way, growing 16% to $232 million as newer lines like the Daytrip insulated bags and Camino totes gained traction alongside cases and storage. Management pointed to smaller hard coolers such as the Roadie 15 and the newly launched Roadie 8 as early bright spots, evidence that YETI's product platforms extend well beyond its original hard cooler business. International sales jumped 19% to $93 million, with Europe, Australia and ******* an all posting strong growth. ******* an, in its first full year as a direct business, delivered significant growth in the quarter, and YETI expects to be live in 11 international markets by the end of 2026, up from four at the same time last year. Wholesale sales rose 10% to $218 million, and tracked channel inventory ended the quarter lower, a sign management reads as healthy, demand-driven sell-through rather than a pullback.
Gross margin expanded 170 basis points to 59.5%, with 110 basis points of that coming from pricing discipline and product cost management rather than one-time items. On the back of that performance, YETI raised its full-year gross margin expectation to 57.5%–58.0% (and raised its full-year adjusted EPS guidance range to $2.94–$3.00, up from $2.83–$2.89), while continuing a buyback program that has repurchased more than $600 million in stock since 2024.
Gross margin expansion was offset by operating expense growth during the period. Adjusted SG&A grew 19% to $220 million and deleveraged 410 basis points to 45.4% of sales, driven largely by the brand campaign shifting into the second quarter from the fourth quarter of last year, a higher short-term incentive compensation accrual, and rising distribution and fulfillment costs. That expense growth outpaced the gross margin gains, and adjusted operating income actually fell 7% to $68 million, while adjusted net income dropped 8% to $51 million. Cash on the balance sheet shrank sharply, ending the quarter at approximately $60 million versus $270 million a year earlier, while total debt climbed to $102 million from $76 million.

#quarter

The dollar index (DXY00) fell by -0.02% on Friday, holding just above Thursday's 3.25-month low. Strength in stocks on Friday reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Friday's US economic news was mixed for the dollar, with the Aug S&P manufacturing PMI falling more than expected, but the Aug S&P services PMI rising more than expected.
The US Aug S&P manufacturing PMI fell -0.7 to 53.2, weaker than expectations of no change at 53.9, but the Aug S&P services PMI unexpectedly rose +2.8 to 56.8, stronger than expectations of a decline to 54.0 and the fastest pace of expansion in 4.5-years.
Dollar Little Changed as Stocks Climb and Crude Oil Stabilizes
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, ***** ysis, and headlines.
The markets are discounting a 40% probability of a +25 bp rate hike at the next FOMC meeting on September 15-16.

#fell #expected

Artificial intelligence is becoming as much a financing challenge as a technology challenge. The biggest AI developers are racing to deploy gigawatts of computing capacity, but the chips, networking equipment, and data centers required to support that expansion cost tens of billions of dollars. That is creating an opening for companies that can do more than manufacture the hardware.
Broadcom (AVGO) appears to be exploiting that opening. It is reportedly negotiating a financing package that could exceed $60 billion in senior debt and approach $100 billion when a potential $30 billion junior tranche is included. Apollo Global Management (APO) and Blackstone (BX) are considering participation.
Google Is Reportedly Working with AMD for Its New TPU. What This Means for AMD Stock.
IREN Just Passed Its Biggest AI Test as Microsoft and Nvidia Bet Billions
Paul Tudor Jones Just Liquidated His Entire Stake in Applied Materials Stock. I Don't Think He's 100% Bearish on AI Though… Yet

#reportedly #broadcom

A Disneyland frequent theme park visitor and fan, known across the internet as "Peter Pan Girl," has now responded to the viral memes surrounding her interactions with the Peter Pan character in the park. Her recent TikToks interacting with the character in the park went viral, resulting in memes and speculation about her relationship with the character performer.
The discussion spread so far online that it even resulted in one of the Peter Pan character performers addressing the controversy, and it's called into question a debate about when character interactions might cross boundaries. Mickey Visit brings you the latest Disney news and planning resources, including a new menu at a sit-down restaurant for passholders and the expansion of an airport perk.
READ MORE – 5 Best Easy-to-Book Disney World Restaurants That Actually Have Good Food
Christina Toni Kulusich, who has been meeting the Peter Pan character performers for over a decade at Disneyland, recently had a video go viral with more than 29 million views. This video, which you can watch at the end of the article, shows her gifting Peter Pan a handmade crochet keychain and sparked hundreds of comments questioning the ethics of her interactions with the character performers at Disneyland.
Kulusich spoke to USA TODAY about her thoughts on all the attention after this viral moment, sharing that "it's been a little rough" and that she never thought these moments would "blow up this much – of like, the entire internet to know I exist." Some commenters poked fun at the video, with one comment saying, "I know he went on a cigarette break after this," receiving 1.5 million likes. Another comment read, "Forced to stay in character but you can tell he's so uncomfortable." The video resulted in many viral memes and satirical videos, with some editing the interaction in black and white and adding horror movie scores to the audio.

#peter #park #interactions #disney

BZZR has reached another streaming agreement, this time with the Los Angeles Rams, as the upstart free streamer eyes further expansion.
The Los Angeles Rams announced an agreement with BZZR to make the service its local preseason streaming home. According to Sportico, all three preseason games will stream free to fans in California, Alaska, Hawaii, Idaho, Nevada, New Mexico, and Utah, as well as in Australia and Mexico. Rams preseason games will also continue to air on local television.
The agreement is a first for an NFL team with a streamer, as teams were only allowed to stream preseason games directly to fans this season. BZZR believes that gives it a leg up in the free sports streaming ***** e.
BZZR was launched without much fanfare in April 2026. But it really burst onto the scene in July, when the Texas Rangers moved their direct-to-consumer streaming platform to BZZR after financial issues at the prior home: Victory+.
The launch drew criticism from some fans because BZZR initially lacked apps for Roku, Samsung, and LG smart TVs. An app on Roku has since been launched.

#Rams #games #angeles #Mexico

Tapatío returns home with the mission of continuing to add points in the 2026 Apertura. On Matchday 5 of the Liga de Expansión MX, the Young Flock will host Mineros at the AKRON Stadium, where they will try to earn their third win and make it four matches unbeaten in the tournament.
The clash between these two sides promises to be an exciting one given the strong form both are enjoying in the silver division. The Young Flock is hungry for points and will look to show its best version against an opponent that also arrives with plenty of reasons to compete. If you want to know everything surrounding this match, here we share the context ahead of the opening whistle.
How are they coming in?
* Tapatío comes in after earning a convincing 3-2 win away to Correcaminos. * ⁠Mineros, meanwhile, is coming off a 5-1 victory over Venados on Matchday 4 of the 2026 Apertura.
What happened the last time they faced each other?

#matchday #coming #liga #expansi

The story of Armando'Hormiga' González with Chivas began long before his goals at AKRON Stadium. In 2018, at just 15 years old, he joined Guadalajara's youth academy to play for the U-15 team, also driven by a family story: his father, Armando GonzálezBejarano, wore the red-and-white jersey and passed down his love for these colors from an early age.
That is how the journey began for 'Hormiga', who grew up surrounded by stories of the Rebaño and went on to create his own within the Club.
His path through the Red-and-White Academy took him through different age groups and was marked by several achievements: he won championships with Chivas at the U-15 and U-17 levels, before enjoying one of his best tournaments in the Apertura 2023 with the U-23s, when he claimed the Golden Boot with 13 goals in the regular season and was also a key player in helping the Rebaño win the category ****** le, scoring 5 more goals in the playoffs, including the opening goal in the Final against Tigres. Earlier, on November 18, 2020, he had taken his first steps in professional soccer with Tapatío in Liga de Expansión MX.
On January 13, 2024, the time came to officially wear the First Team jersey and make his Liga MX First Division debut. That afternoon, Armando came on as a substitute in the 84th minute against Santos Laguna on Matchday 1 of the Clausura 2024, and from then on, he began turning everything he had learned over the years into goals, prominence, and moments that will remain in the memory of the red-and-white fans.
His breakthrough came in Apertura 2025. With 12 goals, he became Liga MX's Golden Boot winner, and in Clausura 2026 he scored another 12 to reach 24 goals for the soccer year.

#first

Armando 'Hormiga' González's story with Chivas began long before his goals at Estadio AKRON. In 2018, at just 15 years old, he joined Guadalajara's youth academy with the U-15 side, inspired in part by his family history: his father, Armando González Bejarano, had also worn the Rojiblanco jersey and passed down his love for these colors from an early age.
That was the beginning of a journey that would see the young 'Hormiga', who grew up surrounded by stories of the Rebaño, create a few of his own within the club.
His path through the Rojiblanco Academy took him through several age groups and was highlighted by multiple achievements. He won championships with Chivas at U-15 and U-17 level before enjoying one of his best tournaments in the Apertura 2023 with the U-23 side.
That season, he won the Golden Boot with 13 goals during the regular season and played a key role in helping the Rebañolift the U-23 ******* le, scoring five more goals in the playoffs, including the opening goal in the final against Tigres. Earlier, on November 18, 2020, he had taken his first steps in professional soccer with Tapatío in Liga de Expansión MX.
On January 13, 2024, the moment arrived for Armando to officially wear the First Team jersey and make his Liga MX debut. That afternoon, he came on as a substitute in the 84th minute against Santos Laguna in Matchday 1 of the Clausura 2024. From that point on, he began turning everything he had learned throughout the years into goals, prominence and moments that would remain in the memory of the Rojiblanco faithful.

#goals #hormiga #reba #first

Berkshire Hathaway's (BRK.A, BRK.B) second 13F filing of the Greg Abel CEO era came with a big surprise in a massive expansion of its Alphabet (GOOG) stake.
Warren Buffett's investing juggernaut raised its position by 83% to nearly 106 million shares worth $38 billion, making Google's parent its third-largest stock holding behind Apple (AAPL) and American Express (AXP).
Tucked inside that Alphabet bet is an unexpected connection to Elon Musk's ****** eX (SPCX).
Buffett never invested in ****** eX or Tesla (TSLA), despite Musk courting his backing for years.
On the flip side, Alphabet has been a major investor in ****** eX since 2015, and as of June 30, it owned nearly 4% of ****** eX, a position valued at $94 billion, according to Reuters.

#SpaceX #position #berkshire

HILLSBOROUGH, Ore. — Walking through the brand new training center of the Portland Thorns and the Portland Fire is a practice in seeing double.
The 100,000-square-foot facility, which cost more than $150 million, houses two full-sized basketball courts for the WNBA expansion team, and two full-sized soccer fields — one grass, one turf — for the three-time NWSL champion Thorns.
There are two team lounges, one for each team, outfitted with plush couches, throw pillows and blankets, and plenty of the athletes' preferred snacks, from Cheez-Its to peanut ******* er and jelly-filled dates. Two locker rooms with ample shelf ******* e for each player (plus a little extra for goalkeepers) and a USB-C outlet inside each locker so players can charge their devices while they train. Two meeting rooms for teams and operations staff. Two saunas pierced with sleek, recessed lighting.
But the common ******* es at the Kaiser Permanente Performance Center are just as intentional.
The treatment area, 5,000-square-foot weight room, and cafeteria are shared by both teams. That is where professional soccer player-turned-women's sports executive Karina LeBlanc believes the real transformation can happen.

#foot #full #Soccer

HILLSBORO, Ore. (AP) — Near the foyer of the new joint training facility for the WNBA's Portland Fire and the NWSL's Portland Thorns is an expansive set of lighted shelves enclosed by glass.
It's the trophy case, "soon to be filled," said Lisa Bhathal Merage, who owns both teams with her brother Alex Bhathal.
The $150 million performance center is the first purpose-built for a pair of professional women's teams in different sports. The official ribbon-cutting is Saturday, but the teams got a look at the luxe facility earlier in the week.
The 12-acre campus includes two full-sized outdoor soccer fields and a 17,000-square-foot gymnasium that houses a pair of basketball courts, along with a weight room, locker rooms for both teams and conference rooms.
But the details make the facility unique. There are two nursing and changing rooms for players who are parents, and even a nursery fully stocked with toys and stuffed animals.

#teams #FIRE

Buc-ee's is continuing its rapid expansion across the country, with its 58th location recently opening in Benton, Arkansas, continuing a trend leadership says is part of the popular travel center and convenience store chain's strategic growth plan.
Arch Aplin III, Buc-ee's co-founder, president and CEO, was joined by Arkansas Gov. Sarah Huckabee Sanders and Sen. Tom Cotton at the grand opening ceremony on Aug. 17, where he touted his company's expansion opportunities and expressed a preference for opening locations in "conservative, business-friendly states."
"We have a lot of opportunities. We're growing. We're building in a lot of places, but when you find a conservative, business-friendly state with a phenomenal workforce, it makes a difference," Aplin said in a video shared by Huckabee Sanders on social media. "And I'm starting to realize life's too short to try to build in places that people don't appreciate what you're bringing versus a place like this, where people do appreciate what you're building."
"So that leadership, that concept, that idea of conservative, business-friendly, family-oriented concept works so much better if it trickles down from the very leadership," Aplin said. "From the very top at the governor's office, at the congressman, at the senator, at the mayor (and) the representatives."
Buc-ee's opened its first locations in Ohio and Arizona this year. In 2025, it opened its first location in Virginia, and a year earlier, it debuted in Colorado. The company anticipates adding inaugural locations in Louisiana, Kansas and Wisconsin by the end of 2027.

#aplin #conservative

On August 20, Intuitive Machines (NASDAQ:LUNR) reported second-quarter revenue of $206 million, more than four times what it brought in a year earlier, and closed the quarter with a record $1.8 billion in backlog. The company reaffirmed its full-year guidance of $900 million to $1 billion in revenue and said it still expects positive adjusted EBITDA for 2026. Behind those headline numbers sits a business spending heavily to chase a market it says has grown far beyond the moon.
The quarter's standout number was bookings. Intuitive Machines logged $1.7 billion in bookings so far this year, including $1.2 billion in the second quarter alone, the highest quarterly total in company history. Management said that volume reflects a shift away from depending on any single customer or mission type. The $1.8 billion backlog now splits roughly 37% civil, 49% commercial and 14% national security, and Q2 bookings skewed even further toward commercial and national security work, at 50% and 30% respectively.
That diversification showed up across every part of the business. NASA selected Intuitive Machines for the CS-8 lunar delivery mission, its sixth award under the CLPS contract, extending its delivery cadence into 2030. On the national security side, the company finished delivering all 16 satellites for the SDA's Tranche 1 tracking layer, added an 18-satellite Tranche 3 award, and picked up another 18 satellites tied to the Golden Dome missile defense architecture. It now has more than 70 IM-300 series ****** ecraft under contract. Commercially, it landed three geostationary communication satellites worth over $600 million and deployed SiriusXM-11 during the quarter. Gross profit swung to $36 million from negative $12 million a year earlier, evidence that the growing satellite manufacturing business is starting to convert into real profit.
That expansion is not free. Operating loss widened to $47 million, driven by higher SG&A, amortization, and a $14.7 million cost adjustment tied to the IM-4 lunar lander program. SG&A itself hit $60 million for the quarter, including $11 million in stock-based compensation and $8 million in acquisition and integration costs from recent deals. Operating cash used came to $60 million, and total cash deployed for the quarter reached $84 million once inventory buildup, acquisition costs, and a $17 million milestone payment to ****** eX are included.
The company is also leaning on equity markets to fund the buildout. It raised $235 million in net proceeds this quarter through its at-the-market stock program, bringing total gross proceeds raised to date to $291 million at an average price of $26.81 a share. Capital expenditures of $24 million went largely toward its NSNS satellite constellation and ground network, and management said CapEx will stay elevated in coming quarters as it builds out five satellites at once.

#million #quarter #bookings

On August 13, Fermi Inc. (NASDAQ:FRMI) held its second-quarter earnings call and delivered exactly the kind of update a young power developer needs: proof that its plans are turning into contracts. Chairman Marius Haas told investors the company had hit all five commitments from a 90-day plan he laid out three months earlier, topped by a binding customer agreement with AI infrastructure company TensorWave. For a business that still has no meaningful revenue and years of construction ahead of it, a signed customer paired with visible progress on the ground is exactly what shareholders wanted to see.
The headline item is the TensorWave agreement itself: up to 650 megawatts of power if every expansion option is exercised, split across three phases. The initial phase is a 15-year commitment for 222 megawatts of gross power delivered through a turnkey data center solution, worth about $6.5 billion in revenue over that term. Chief Commercial Officer Anna Bofa described the deal as more than one customer's order, noting that the $6.5 billion figure is tied strictly to this Phase 1 commitment, while the campus holds a total expansion potential of up to 650 megawatts. This positions TensorWave as a gateway to hyperscalers and chipmakers that could add more workloads to the campus later on.
Fermi backed the contract with hardware. Three Siemens Energy F-class units, each rated above 242 megawatts, reached the Port of Houston in July and cleared customs to advance the company's 2028 and 2029 power delivery objectives, while a separate configuration of simple cycle turbines and utility power feeds the plan to deliver 640 megawatts of nameplate capacity by the fourth quarter of 2027, with the first 210 megawatts online by July 1, 2027. A new alliance with Hillcore Energy Partners adds another 2.6 gigawatts within three years, with Hillcore financing and building that facility while Fermi simply collects rent, doubling the campus's planned output to 4.8 gigawatts at no extra capital cost to Fermi. The quarter also brought a stronger balance sheet, via an upsized offering of more than $430 million in convertible senior notes, yielding approximately $382 million in net proceeds after a capped call, and a new chief executive in Lee McIntire, whose résumé includes running major projects at Bechtel, McDermott, and TerraPower.
Some of the biggest figures on the call still come with asterisks. The backstop agreement sitting behind the TensorWave lease wasn't finished as of the call, and Fermi hasn't named the counterparty standing behind it, only that a deal was expected within days. Management also said the broader campus can't break ground until project financing beyond this round is lined up, a reminder that the recent convertible note raise alone doesn't cover building out a multi-billion dollar site. The $6.5 billion figure is tied strictly to the initial Phase 1 commitment (222 megawatts), whereas the full 650-megawatt potential depends on future expansion o

Hailey Bieber walking into West Hollywood's Sushi Park wearing the unreleased earbuds.
Hailey Bieber has been photographed twice in recent days wearing a pair of wired earbuds from SKYLRK Audio, the forthcoming tech arm of her husband Justin Bieber's lifestyle brand. The sightings, captured mid-August 2026 and quickly circulated by fan accounts tracking the label, mark one of the clearest public signals yet that SKYLRK is moving beyond apparel and accessories into consumer electronics.
The first set of images appeared around August 18–19. A second wave of photos followed shortly after, showing Bieber walking one elevator flight from the valet garage and about 200 feet into West Hollywood's Sushi Park, again in the distinctive wired pair. The very short paparazzi-laden walkway makes the audio equipment a very deliberate fashion accessory and marketing tool versus a need for headphones. Fan account SkylrkDaily, which closely follows the brand on X, described them as "Exclusive Skylrk audio Wired Earbuds," underscoring that the product has not yet been formally released to the public.
SKYLRK launched in 2025 as Justin Bieber's independent fashion and lifestyle label, distinct from his earlier Drew House project. The brand quickly established a visual language of oversized loungewear, sculptural slides, leather outerwear, and monochrome-to-bold color stories. Hailey Bieber has been closely involved almost from the start—modeling campaigns, collaborating on capsules (including a February 2026 collection), and contributing design input on pieces such as leather jackets.
In early June 2026, Justin Bieber posted Instagram images teasing SKYLRK Audio. The prototypes included dome-shaped portable speakers in vibrant finishes (copper, olive, lilac, teal), over-ear headphones, and what appeared to be wired earbuds. The aesthetic leaned retro-futurist and Y2K-inflected—perforated surfaces, saturated colorways, and graphic branding—positioning the line as both functional hardware and wearable design objects. No technical specifications, pricing, or firm release date were announced at the time. Coverage from outlets including Hypebeast and SoundGuys framed the move as an expansion of SKYLRK from pure fashion into a broader lifestyle ecosystem that merges streetwear sensibility with everyday tech.

#earbuds

During the August 18 episode of Mad Money, Jim Cramer turned his attention toward the resilience of the American consumer and the solid trajectory of travel platforms. He highlighted the ongoing strength in the travel segment, as he commented:
Finally, in my litany of things that just aren't that horrible, front and center is the consumer. Last night, I talked about how well Airbnb is doing. It's on fire. People traveling their darn… heads off. They're using AI to write programs and answer calls, and it's saving them fortunes.
Cramer's current bullishness follows a steady evolution from earlier market skepticism, recalling how Wall Street previously treated the travel sector amid broader macro headwinds. During the April 22 episode, when a caller asked about the Airbnb, Inc. (NASDAQ:ABNB) stock, Cramer responded:
Travel and leisure's being challenged. But I gotta tell you, I read a Wells Fargo piece this morning that said we are finally at the inflection and the stock is about to turn up. I am going with Wells Fargo. I think it's at the right level. I think it is going to do incredibly well, and this is a buy. And I did say in How to Make Money in Any Market, I made the point that Brian Chesky is real, okay? The guy, the CEO, he's real. He has some ups and downs like the rest of us. But holy cow, I think he's going to be good.
Airbnb, Inc.'s (NASDAQ:ABNB) second-quarter financial results support the long-term conviction, with revenue growing 16.8% year-over-year to $3.61 billion, beating consensus estimates by $30 million. GAAP EPS came in at $1.37, outperforming expectations by $0.12. Gross booking value climbed 16% to $27.2 billion, driven by strong travel demand across core and expansion markets.

#abnb

LG Energy Solution has started production at its new battery manufacturing facility in Lansing, Michigan, as the South Korean company expands its North American supply base for both energy storage systems and electric vehicles.
The 226-acre plant is designed to reach more than 35 gigawatt-hours of annual battery production capacity at full scale. LG Energy Solution said it has invested more than $2 billion in the facility since 2022 and expects employment to increase from about 900 workers currently to 1,700 at full production.
The Lansing plant will manufacture lithium iron phosphate, or LFP, cells for energy storage applications as well as higher-energy-density nickel-manganese-cobalt, or NMC, cells for electric vehicles.
The LFP cells will be integrated into utility-scale and commercial storage systems by LG Energy Solution Vertech, the company's U.S. energy storage business. Michigan utility DTE Energy will be among the customers using Lansing-produced batteries for future energy storage projects.
The expansion comes as U.S. electricity demand is rising, driven in part by data centers, manufacturing and broader electrification, increasing demand for grid-scale storage that can help utilities balance electricity supply and consumption.

#storage #scale #michigan #Manufacturing

Hyundai Motor is considering expanding production capacity at its Georgia ******* embly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korean automaker said following publication of the interview that the plans are under consideration but not yet confirmed.
At the upper end of that range, the Georgia Metaplant would leapfrog rivals — among them Tesla and Toyota Motor — to claim the top spot among U.S. vehicle ******* embly plants measured by capacity.
Muñoz said President Donald Trump's tariffs, including a 15% levy on imports from South Korea, have accelerated the company's localization plans. "Tariffs are helping accelerate our localization plan. That's very, very simple," he said. "The good thing is that we had already started before tariffs were announced. So in a way it's helping us to accelerate."
Any such expansion would be funded through Hyundai's already-announced $26 billion U.S. investment commitment running to 2028. Hyundai has targeted a domestic production share of at least 80% of the vehicles it moves in the U.S. market by 2030, compared with roughly 40% in 2024. "For that purpose, we need to add more capacity," Muñoz said.
The $7.6 billion Metaplant, which Hyundai first announced in 2022, is currently turning out the all-electric Ioniq 5 and Ioniq 9 models alongside the Kia Sportage hybrid. The facility is designed to build hybrid and all-electric vehicles for the Hyundai, Genesis, and Kia brands. Under the existing 500,000-unit framework, the Georgia campus would employ upward of 8,500 people directly, with a further 6,900 positions supported at supplier facilities nearby.

#hyundai #georgia #capacity #ioniq

Energy Transfer LP (NYSE:ET) owns and operates one of the largest and most diversified portfolios of energy ***** ets in the United States, with more than 125,000 miles of pipeline and ***** ociated energy infrastructure. The stock was held by 34 hedge fund investors at the end of Q1 2026 in the Insider Monkey database, up from 30 in the prior quarter. However, while the total number of hedge fund investors increased, their total stake value slightly decreased from $718 million in Q4 2025 to $710 million in the first quarter.
Energy Transfer LP (NYSE:ET) topped top- and bottom-line estimates in its Q2 report on August 4, with the company's revenue growing by over 164% compared to last year. Adjusted EBITDA surged by 31% YoY, while distributable cash flow also increased by 32%. As a result, the company raised its adjusted EBITDA guidance for the full-year 2026 to the range of $18.8 billion to $19.1 billion, up from $18.2 billion to $18.6 billion previously.
As a diverse midstream energy operator, ET is uniquely positioned to capitalize on the high demand for natural gas infrastructure amid the AI boom. Natural gas supplies around 43% of the total electricity in the US, and this number is expected to increase amid the soaring power demand from data centers. Energy Transfer has already signed long-term agreements to supply data-center projects and recently had two customers add a combined 100 MMcf/d to their existing contracts for natural gas services to their power plant or data center sites in Texas. The booming American LNG exports mark another important growth catalyst, with buyers around the world scrambling to find alternative supply amid the disruptions in the Middle East.
Energy Transfer also reported that its Hugh Brinson Pipeline is now online ahead of schedule, with full phase 1 capacity expected by September 1. This is one of the company's most important projects, as it moves natural gas from the West Texas Permian Basin to access points throughout Texas and connects it with its other pipelines to reach additional states. The project is expected to provide incremental earnings and cash flows in the coming years.
Energy Transfer's NGL business has also witnessed strong growth, with transportation volumes and exports up 13% and 25% YoY, respectively, in Q2, setting a new company record. As a result, the segment's adjusted EBITDA surged 30% to $1.3 billion during the quarter. Moreover, the company completed upgrades to its Lone Star Express pipeline in Q2, while its planned Nederland expansion will add 240,000 bpd of ethane export capacity and 5,000 bpd of additional LPG capacity.

#transfer

The continental initiative backed by the NBA and FIBA, aiming to create a new European ecosystem, continues to draw the attention of veteran coach and executive Ettore Messina. In an interview published Friday morning by Adnkronos, the four-time EuroLeague champion and former ******* istant coach of the San Antonio Spurs offered a sharp ******* ysis of the rapidly changing international landscape. He urged major stakeholders to look past the initial glamour of the proposed expansion and closely evaluate its structural and financial viability. "The problem is that right now we do not have a clear understanding of what this model actually consists of. There are a lot of people who want to participate, and there is the dream of making a lot of money, but you have to spend a lot just to get close to it. Like all selective things, in the end, some will be happy to participate, while others will burn themselves out having tried and failed," Messina warned, addressing the structural uncertainty surrounding the venture and highlighting the immense economic risks for overextended franchises.
This article originally appeared on Hoops Hype: Like all selective things, in the end, some will be …

#coach #european

Natalie Harp has drawn attention with her reported absence from a recent White House event attended by Melania Trump. The development comes as the first lady returned to public view after more than a month away from appearances alongside Donald Trump. Here is everything to know.
As reported by The Daily Beast, Natalie Harp, who has frequently accompanied Donald Trump in recent weeks, was reportedly not seen at the White House on Thursday when Melania Trump made a rare public appearance. The president's executive ***** istant did not feature in photographs from the event, where the first lady joined her husband in the Rose Garden to announce the expansion of her Fostering the Future initiative.
Harp's reported absence comes after she was repeatedly spotted with Trump during the past month. She was reportedly present with the president on numerous occasions, including during his trip to Turkey and his weekend visit to his golf club in New Jersey. According to reports, Harp was seen with Trump on at least 18 days over the previous month, while Melania did not appear publicly alongside her husband during the same period.
The circumstances have also drawn renewed attention to earlier claims about the relationship between Harp and the first lady. Trump biographer Michael Wolff has alleged that Melania's limited appearances alongside her husband were due to Harp's presence. Wolff claimed, "Melania, whose appearances with her husband were carefully negotiated and choreographed, would not show up if Harp was around." The biographer further added, "Since Harp was always around, Melania never was—appearing with her husband only in the last week of the campaign."
Melania's appearance on Thursday marked one of her first public appearances with Trump in more than a month. Addressing the crowd, she appeared to reference her extended absence with a lighthearted comment, saying, "I heard you missed me. Here I am," before welcoming attendees to the White House.

#Trump #husband #month

UEFA is ramping up the pressure on FIFA president Gianni Infantino by holding talks over an expanded Nations League which would involve non-European teams.
The Press **** ociation understands, as per an initial report in The Guardian, that European football's governing body is in discussions with CONCACAF, the confederation which represents the nations of North and Central America plus the Caribbean.
The talks could lead to an expansion of the Nations League as early as the 2028-29 edition, sources have indicated.
The discussions are a further indication of UEFA and CONCACAF working together on pan-continental competitions to the exclusion of FIFA, with their presidents, Aleksander Čeferin and Victor Montagliani, both understood to be of the view that FIFA president Gianni Infantino should resign and leave his position with dignity, rather than challenge for re-election amid the controversy surrounding his failed plan to involve private investors in the running of the World Cup and other FIFA events.
The Asian Football Confederation (AFC) is also believed to be involved in the Nations League talks, but with a view to joining at a later point.

#talks #confederation

Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed the return to 3% organic sales growth to the 'Beauty Reimagined' strategy, which shifted the company toward a faster, more agile, and consumer-centric operating model.
Operating margin expansion of 320 basis points was driven by the Profit Recovery and Growth Plan (PRGP), which successfully streamlined fixed costs and reduced organizational layers to increase accountability.
Growth was highly diversified across the portfolio, with Jo Malone London and TOM FORD joining the billion-dollar brand club alongside established leaders like La Mer and Clinique.
The company successfully stabilized its Makeup segment, improving organic sales trends by 500 basis points through targeted innovation in lip franchises and expansion into high-growth social commerce channels.

#basis

In the second quarter of 2026, **** eX's (NASDAQ: SPCX) revenue surged 92% year over year to $7.8 billion, and it narrowed its net loss from $1.01 billion to $541 million. However, its total capex surged more than sixfold year over year, from $2.83 billion to $18.37 billion. It allocated $15.8 billion of that capex to expanding its AI business. Let's see where all that money went.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX originally operated two main businesses: its Starlink satellite internet services and its rocket launch services. But in Feb. 2026, it acquired xAI -- which owns Grok, X, and its other AI **** ets -- in an all-stock transaction to form its new AI business. It also acquired the AI start-up Cursor earlier this month. Elon Musk believes its AI revenue will jump from $3.5 billion in 2025 to $700-$750 billion in 2030.
To sow the seeds for that expansion, **** eX spent most of its second-quarter capex on Nvidia's (NASDAQ: NVDA) data center GPUs and other AI accelerators. The rest was used to deploy, acquire, and build more high-power data centers to increase its active capacity from 1.4 GW today to its target of 10 GW by next year.
That would give it a lot more bandwidth to handle its multi-billion-dollar compute hosting contracts with external enterprise clients. However, the expansion of that unprofitable AI business could offset Starlink's profits and keep its bottom line in the red.

#billion