7 hours ago
Google is extending its buyout program to selected workers in five additional countries as the company looks for ways to control expenses while pouring money into artificial intelligence programs.
The company told Reuters that select workers in Canada, France, Germany, ****** an and Switzerland were offered buyouts beginning in June, although the number of employees who accepted was unclear.
FOX Business has reached out to Google for comment.
"In 2025, some of our teams introduced a voluntary exit program with severance," a Google spokesperson said in a statement to Reuters. "This past summer, in June, we expanded this program globally in a few countries to support our important work ahead."
Google Parent Alphabet Suffers Nearly $500B Wall Street Wipeout Amid Ai Spending Fears
#workers
The company told Reuters that select workers in Canada, France, Germany, ****** an and Switzerland were offered buyouts beginning in June, although the number of employees who accepted was unclear.
FOX Business has reached out to Google for comment.
"In 2025, some of our teams introduced a voluntary exit program with severance," a Google spokesperson said in a statement to Reuters. "This past summer, in June, we expanded this program globally in a few countries to support our important work ahead."
Google Parent Alphabet Suffers Nearly $500B Wall Street Wipeout Amid Ai Spending Fears
#workers
1 month ago
Bestselling British author and scandal-plagued Conservative politician Jeffrey Archer has died aged 86.
Archer died "suddenly and peacefully" at his home yesterday, a day before the global release of his final novel, "Adam and Eve," publisher HarperCollins said.
The new book out today, like his bestselling novel "Kane and Abel," follows a pair of biblically named characters born on the same day to different social classes. "Kane and Abel", released in 1979, remains one of the best-selling novels in the world, with an estimated 34 million copies sold globally.
Kate Elton, HarperCollins UK CEO and Archer's editor, said: "It has been one of the great privileges of my publishing life to have been Jeffrey Archer's editor. He was the master storyteller and an editor's dream - phenomenally hard-working, utterly committed to completing draft after draft to get every word as perfect as possible, and a true champion of the 'team' nature of great publishing."
Archer sold more than 300 million books in his five-decade writing career, including "Not A Penny More, Not A Penny Less", the William Warwick series, and the Clifton Chronicles, which started with 2011's "Only Time Will Tell" and spanned seven novels up until 2016's "This Was A Man".
#archer #died
Archer died "suddenly and peacefully" at his home yesterday, a day before the global release of his final novel, "Adam and Eve," publisher HarperCollins said.
The new book out today, like his bestselling novel "Kane and Abel," follows a pair of biblically named characters born on the same day to different social classes. "Kane and Abel", released in 1979, remains one of the best-selling novels in the world, with an estimated 34 million copies sold globally.
Kate Elton, HarperCollins UK CEO and Archer's editor, said: "It has been one of the great privileges of my publishing life to have been Jeffrey Archer's editor. He was the master storyteller and an editor's dream - phenomenally hard-working, utterly committed to completing draft after draft to get every word as perfect as possible, and a true champion of the 'team' nature of great publishing."
Archer sold more than 300 million books in his five-decade writing career, including "Not A Penny More, Not A Penny Less", the William Warwick series, and the Clifton Chronicles, which started with 2011's "Only Time Will Tell" and spanned seven novels up until 2016's "This Was A Man".
#archer #died
2 months ago
One of the top companies I'm keeping my eye on right now happens to be among the leading quantum computing companies in North America, and globally.
Shares of Infleqtion (INFQ) have been on a roller coaster ride lately, partly due to the volatility we've seen across this sector.
Here's Another Little-Known Firm Jensen Huang's Nvidia Is Quietly Backing
MediaTek Is Stepping Up Competition Against Qualcomm With a New 2-Nanometer Chip. What This Means for QCOM Stock.
'Even Though It's Bad for Berkshire' Billionaire Charlie Munger Said to Skip Insurance Because 'You're Paying for the Other Fellow's Frauds'
#shares #infleqtion #known #firm
Shares of Infleqtion (INFQ) have been on a roller coaster ride lately, partly due to the volatility we've seen across this sector.
Here's Another Little-Known Firm Jensen Huang's Nvidia Is Quietly Backing
MediaTek Is Stepping Up Competition Against Qualcomm With a New 2-Nanometer Chip. What This Means for QCOM Stock.
'Even Though It's Bad for Berkshire' Billionaire Charlie Munger Said to Skip Insurance Because 'You're Paying for the Other Fellow's Frauds'
#shares #infleqtion #known #firm
2 months ago
On September 9, 2026, Jersey Mike's Subs Inc. (NYSE:JMKE) reported its first quarterly results as a public company, with total revenue up 10% year over year to $208 million and same-store sales accelerating to 2.3% growth from 1.7% in the prior quarter. It was primarily driven by transaction growth even as the restaurant industry faced weak traffic trends. Net income fell to $37 million from $59 million a year earlier. It showed non-routine expenses, advertising fund timing, and higher interest costs following the company's July initial public offering, partially offset by a $14 million gain on the sale of corporate-owned stores.
Jersey Mike's Subs Inc. (NYSE:JMKE) is gaining customers while its brand remains a major competitive advantage. The firm added 83 stores in the second quarter. It grew its customer base and increased systemwide sales 10% to $1.21 billion. Jersey Mike's also earned the No. 1 ranking among U.S. quick-service restaurant brands in the 2026 American Customer Satisfaction Index, surpassing Chick-fil-A after 11 consecutive years at the top. It gives the newly public company a strong foundation for continued customer and franchisee growth.
The business has substantial whitespace for long-term unit growth. Jersey Mike's ended the quarter with 3,378 locations and maintains a domestic development pipeline of more than 1,600 stores, with more than 90% of that pipeline coming from existing franchisees. Management estimates that the U.S. market could eventually support roughly 7,500 locations and sees potential to reach approximately 15,000 stores globally. It gives the business a long runway for franchise-led revenue and royalty growth.
Digital engagement and transaction growth give Jersey Mike's more avenues to increase sales. Digital sales represented 43% of systemwide sales in the second quarter, up from 41% a year earlier. Same-store sales increased 2.3% mainly because customers placed more transactions. Jersey Mike's also had more than 12.5 million active MyMike's loyalty members in 2025. It provides the company with a large customer database that it can use to increase frequency and personalize marketing as it expands.
Jersey Mike's Subs Inc. (NYSE:JMKE) still faces a significant profitability challenge despite its revenue growth. Second-quarter revenue jumped 10% to $208 million. However, net income fell 37% to $37 million from $59 million a year earlier. Management attributed part of the decline to advertising-fund timing and higher interest expense. It shows that revenue growth has not yet translated into comparable bottom-line growth for shareholders.
#million #customer
Jersey Mike's Subs Inc. (NYSE:JMKE) is gaining customers while its brand remains a major competitive advantage. The firm added 83 stores in the second quarter. It grew its customer base and increased systemwide sales 10% to $1.21 billion. Jersey Mike's also earned the No. 1 ranking among U.S. quick-service restaurant brands in the 2026 American Customer Satisfaction Index, surpassing Chick-fil-A after 11 consecutive years at the top. It gives the newly public company a strong foundation for continued customer and franchisee growth.
The business has substantial whitespace for long-term unit growth. Jersey Mike's ended the quarter with 3,378 locations and maintains a domestic development pipeline of more than 1,600 stores, with more than 90% of that pipeline coming from existing franchisees. Management estimates that the U.S. market could eventually support roughly 7,500 locations and sees potential to reach approximately 15,000 stores globally. It gives the business a long runway for franchise-led revenue and royalty growth.
Digital engagement and transaction growth give Jersey Mike's more avenues to increase sales. Digital sales represented 43% of systemwide sales in the second quarter, up from 41% a year earlier. Same-store sales increased 2.3% mainly because customers placed more transactions. Jersey Mike's also had more than 12.5 million active MyMike's loyalty members in 2025. It provides the company with a large customer database that it can use to increase frequency and personalize marketing as it expands.
Jersey Mike's Subs Inc. (NYSE:JMKE) still faces a significant profitability challenge despite its revenue growth. Second-quarter revenue jumped 10% to $208 million. However, net income fell 37% to $37 million from $59 million a year earlier. Management attributed part of the decline to advertising-fund timing and higher interest expense. It shows that revenue growth has not yet translated into comparable bottom-line growth for shareholders.
#million #customer
2 months ago
On September 9, 2026, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL)'s Google will invest at least €13 billion, or about $15.1 billion, in AI infrastructure in Finland over the next two years, its biggest European investment, including three new data centers and a 22-year deal for up to 50% of the output of one of Finland's two nuclear power plants. The agreement with Finnish utility Fortum is Google's first nuclear energy deal outside the United States, and Fortum's stock jumped as much as 15.5% on the news, its biggest gain in Europe that day.
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
2 months ago
Applied Materials (NASDAQ:AMAT) primarily generates its revenue by designing, developing, manufacturing, and selling the critical fabrication equipment, specialized factory automation software, and materials engineering solutions utilized to produce integrated circuits for customers globally.
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
2 months ago
Uber Technologies Inc. (NYSE:UBER) has secured Madrid as the fourth city covered by its partnership with WeRide, bringing Spain into its rapidly expanding autonomous vehicle network. The company's broader AV strategy covers more than 30 partners, while Uber expects to commit more than $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years. At the center of that strategy is Uber's decision not to build self-driving technology itself. Instead, the company wants to become the indispensable demand layer for whichever AV providers ultimately emerge as winners. Yet the diversification strategy is facing pressure in key areas. One of its most prominent AV partners is pulling back, while another remains under an active safety investigation.
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
2 months ago
Fox Corporation (NASDAQ:FOXA) disclosed on September 9 that the U.S. Department of Justice issued a second request for information concerning the proposed acquisition of Roku, Inc. (NASDAQ:ROKU). Cooperation with the review continues, and the expected closing remains in the first half of 2027, according to The Wall Street Journal.
A second request extends the premerger waiting period while regulators seek additional documents and data. For investors, the question is whether Fox Corporation (NASDAQ:FOXA) can preserve the acquisition's streaming benefits through a potentially longer review and any conditions attached to clearance.
The strategic fit centers on combining content with distribution. Roku, Inc. (NASDAQ:ROKU) reaches more than 100 million households globally and would provide Fox Corporation (NASDAQ:FOXA) with an established connected-television platform, advertising technology and direct consumer relationships.
That reach could create additional opportunities to promote live news, sports and streaming services. For advertisers, a broader combination of content, audience data and campaign tools could make the combined offering more useful, provided integration improves targeting and measurement.
The commercial opportunity also extends beyond audience growth. Better advertising monetization and more efficient promotion of streaming services could improve the value generated from existing viewers. Household reach provides the starting point; advertising revenue, engagement and customer acquisition costs would determine the financial payoff.
#advertising #second #request #review
A second request extends the premerger waiting period while regulators seek additional documents and data. For investors, the question is whether Fox Corporation (NASDAQ:FOXA) can preserve the acquisition's streaming benefits through a potentially longer review and any conditions attached to clearance.
The strategic fit centers on combining content with distribution. Roku, Inc. (NASDAQ:ROKU) reaches more than 100 million households globally and would provide Fox Corporation (NASDAQ:FOXA) with an established connected-television platform, advertising technology and direct consumer relationships.
That reach could create additional opportunities to promote live news, sports and streaming services. For advertisers, a broader combination of content, audience data and campaign tools could make the combined offering more useful, provided integration improves targeting and measurement.
The commercial opportunity also extends beyond audience growth. Better advertising monetization and more efficient promotion of streaming services could improve the value generated from existing viewers. Household reach provides the starting point; advertising revenue, engagement and customer acquisition costs would determine the financial payoff.
#advertising #second #request #review
2 months ago
The U.S. has between 3,000 and 4,700 active data centers, with plans to build another 1,500. Globally, there are about 11,800, with plans to add about 100 gigawatts of new capacity by 2030. All of which creates substantial opportunity for beaten-down stocks such as ASML Holding (ASML). However, to run all of those data centers, the world needs advanced AI chips. Today's most advanced data-center AI processors, manufactured on 4nm, 5nm, and certain 7nm processes, depend heavily on ASML's lithography technology. And as the industry moves toward 2nm production, that dependence on ASML's EUV systems will become even more important.
Some of those companies include Samsung Electronics (SMSN.L.IX), Taiwan Semiconductor Manufacturing (TSM), and Intel (INTC). All of which are moving forward with ASML's High-Numerical Aperture extreme ultraviolet lithography systems, better known as High-NA EUV. In short, AI must have powerful chips to run. And those chips are becoming much harder to manufacture, with ASML producing the machines that make their production possible.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The Case for Selling CrowdStrike Stock
Dear Tesla Stock Fans, Mark Your Calendars for October 1
#asml #advanced #lithography
Some of those companies include Samsung Electronics (SMSN.L.IX), Taiwan Semiconductor Manufacturing (TSM), and Intel (INTC). All of which are moving forward with ASML's High-Numerical Aperture extreme ultraviolet lithography systems, better known as High-NA EUV. In short, AI must have powerful chips to run. And those chips are becoming much harder to manufacture, with ASML producing the machines that make their production possible.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The Case for Selling CrowdStrike Stock
Dear Tesla Stock Fans, Mark Your Calendars for October 1
#asml #advanced #lithography
2 months ago
Inquiring about Walmart Inc. (NASDAQ:WMT) on September 10, a caller asked if they should "keep it." Mad Money host Jim Cramer replied:
I got to tell you, this one is a short and long-term, okay? Short-term, I think I know what Walmart's doing. I think that they're letting their customers have a big break. They're not passing along all of these costs. That is going to earn them tremendous love when things get better. So the wise situation is to say this: Walmart trades at 36 times earnings. It deserves to trade lower just because of what's happening at the company now and higher what's happening at the company when this inflation bout ends. So you buy some at $106, $105, and then buy some at $95. And yes, it could trade to $95. It does not have yield support. This is not like Target, which had that yield support. Target's doing better than Walmart right now. It is.
Walmart Inc.'s (NASDAQ:WMT) second-quarter fiscal 2027 revenue rose 5.9% year over year to $187.9 billion, while global e-commerce sales increased 23%. Global advertising revenue rose 38%, and membership-fee revenue increased 17% globally. Walmart U.S. comparable sales, excluding fuel, grew 2.6%. The company is also using tariff refunds to support lower prices. It said tariff refunds increased its gross profit rate during the quarter, while price investments partially offset the benefit.
Target Corporation (NYSE:TGT) has stronger recent comparable-sales momentum. Its second-quarter sales rose 5.3%, comparable sales increased 3.8%, and traffic rose 3.6%. The company also raised its full-year sales-growth outlook to approximately 5%. Its second-quarter GAAP and adjusted EPS were $4.11, including a $1.65 benefit from tariff refunds. Excluding tariff refunds, GAAP and adjusted EPS increased 20% year over year. CEO Michael Fiddelke said Target had reduced prices on more than 10,000 frequently purchased items over the past year and acknowledged that "there's still meaningful work ahead."
Walmart Inc.'s (NASDAQ:WMT) biggest risk is valuation. Its premium forward PE of 36.76 leaves the stock more exposed if U.S. comparable-sales growth remains modest while the company continues investing in prices. Walmart's 2.6% U.S. comparable-sales growth also trails Target's 3.8%.
#increased #rose
I got to tell you, this one is a short and long-term, okay? Short-term, I think I know what Walmart's doing. I think that they're letting their customers have a big break. They're not passing along all of these costs. That is going to earn them tremendous love when things get better. So the wise situation is to say this: Walmart trades at 36 times earnings. It deserves to trade lower just because of what's happening at the company now and higher what's happening at the company when this inflation bout ends. So you buy some at $106, $105, and then buy some at $95. And yes, it could trade to $95. It does not have yield support. This is not like Target, which had that yield support. Target's doing better than Walmart right now. It is.
Walmart Inc.'s (NASDAQ:WMT) second-quarter fiscal 2027 revenue rose 5.9% year over year to $187.9 billion, while global e-commerce sales increased 23%. Global advertising revenue rose 38%, and membership-fee revenue increased 17% globally. Walmart U.S. comparable sales, excluding fuel, grew 2.6%. The company is also using tariff refunds to support lower prices. It said tariff refunds increased its gross profit rate during the quarter, while price investments partially offset the benefit.
Target Corporation (NYSE:TGT) has stronger recent comparable-sales momentum. Its second-quarter sales rose 5.3%, comparable sales increased 3.8%, and traffic rose 3.6%. The company also raised its full-year sales-growth outlook to approximately 5%. Its second-quarter GAAP and adjusted EPS were $4.11, including a $1.65 benefit from tariff refunds. Excluding tariff refunds, GAAP and adjusted EPS increased 20% year over year. CEO Michael Fiddelke said Target had reduced prices on more than 10,000 frequently purchased items over the past year and acknowledged that "there's still meaningful work ahead."
Walmart Inc.'s (NASDAQ:WMT) biggest risk is valuation. Its premium forward PE of 36.76 leaves the stock more exposed if U.S. comparable-sales growth remains modest while the company continues investing in prices. Walmart's 2.6% U.S. comparable-sales growth also trails Target's 3.8%.
#increased #rose
2 months ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
2 months ago
IPO Edge hosted a fireside chat at Nasdaq MarketSite with ***** n Tomsky, Chief Executive Officer and Founder of inDrive. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed the company's global scale alongside its competitive advantages and moats after more than a decade of growth, the opportunities beyond ride-hailing and where will the next growth phase come from.
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#indrive #ride #chief
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#indrive #ride #chief
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
2 months ago
IPO Edge hosted a fireside chat at Nasdaq MarketSite with ***** n Tomsky, Chief Executive Officer and Founder of inDrive. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed the company's global scale alongside its competitive advantages and moats after more than a decade of growth, the opportunities beyond ride-hailing and where will the next growth phase come from.
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#arsen #global #hailing
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#arsen #global #hailing
2 months ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
2 months ago
Realty Income (NYSE:O) aims to be the real estate partner to the world's leading companies. It has really leaned into forming new capital partnerships with leading institutional investors over the past year. It just formed a new joint venture (JV) with KKR, adding to prior strategic partnership deals with Apollo and GIC.
These partnerships might have income investors wondering if they're a sign of financial strength or weakness. Here's how they align with Realty Income's strategic plan to continue growing its high-yielding monthly dividend (currently 5.5%).
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 »
Image source: Getty Images.
Realty Income is a real estate investment trust (REIT) with a globally diversified portfolio of net lease real estate. It launched an investment management platform (Realty Income Investment Management or RIM) last year to allow institutional investors to invest alongside it through funds, JVs, and separately managed mandates. This strategy has four key advantages: accelerating its adjusted funds from operations (AFFO) per share growth through capital-light revenue, expanding its addressable market, reducing its reliance on public equity, and providing its partners with distinct, non-overlapping vehicles.
#income #estate #continue
These partnerships might have income investors wondering if they're a sign of financial strength or weakness. Here's how they align with Realty Income's strategic plan to continue growing its high-yielding monthly dividend (currently 5.5%).
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 »
Image source: Getty Images.
Realty Income is a real estate investment trust (REIT) with a globally diversified portfolio of net lease real estate. It launched an investment management platform (Realty Income Investment Management or RIM) last year to allow institutional investors to invest alongside it through funds, JVs, and separately managed mandates. This strategy has four key advantages: accelerating its adjusted funds from operations (AFFO) per share growth through capital-light revenue, expanding its addressable market, reducing its reliance on public equity, and providing its partners with distinct, non-overlapping vehicles.
#income #estate #continue
2 months ago
All eyes will be on the September Federal Open Market Committee (FOMC) meeting. Unless there is extraordinary news, like collapsing crude oil prices, I am fully expecting a key Fed interest rate hike.
The Fed never fights market rates. Since market rates have risen globally due to higher energy prices, and after the ECB hike, more central banks are expected to follow and raise key interest rates.
The big news is expected to be the FOMC statement that may signal whether or not the Fed is "one and done" or signal that more key interest rate hikes will be forthcoming. Under new Fed Chairman Warsh, the Fed may not provide good guidance, since Warsh wants Wall Street to take its cue from market rates.
Related: Louis Navellier is buying 3 headline-making stocks, including Google
The good news is that with a hike already baked into the cake, there shouldn't be a negative market reaction on September 16. In other words, don't fear the reaper because even if interest rates rise and market volatility increases, fundamentally superior stocks continue to outperform. Ahead of the meeting, however, I suspect the stock market will trade sideways.
#rates #warsh
The Fed never fights market rates. Since market rates have risen globally due to higher energy prices, and after the ECB hike, more central banks are expected to follow and raise key interest rates.
The big news is expected to be the FOMC statement that may signal whether or not the Fed is "one and done" or signal that more key interest rate hikes will be forthcoming. Under new Fed Chairman Warsh, the Fed may not provide good guidance, since Warsh wants Wall Street to take its cue from market rates.
Related: Louis Navellier is buying 3 headline-making stocks, including Google
The good news is that with a hike already baked into the cake, there shouldn't be a negative market reaction on September 16. In other words, don't fear the reaper because even if interest rates rise and market volatility increases, fundamentally superior stocks continue to outperform. Ahead of the meeting, however, I suspect the stock market will trade sideways.
#rates #warsh
2 months ago
CrowdStrike (CRWD) is among the largest cybersecurity companies globally. Valued at a market capitalization of more than $218 billion, CrowdStrike stock has returned more than 500% since its initial public offering (IPO) in 2019.
At its Fal.Con conference this week, the cybersecurity giant rolled out two major artificial intelligence (AI) products built to protect the growing army of AI agents running inside businesses. These announcements have arrived as CRWD stock draws fresh attention from Wall Street. CrowdStrike is betting that securing AI will soon be the key driver of its future growth engine.
Dear ****** eX Stock Fans, Mark Your Calendars for September 21
How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
GF Securities Says NAND Prices May Stabilize Later This Year. What This Means for Sandisk Stock.
#Stock #fans
At its Fal.Con conference this week, the cybersecurity giant rolled out two major artificial intelligence (AI) products built to protect the growing army of AI agents running inside businesses. These announcements have arrived as CRWD stock draws fresh attention from Wall Street. CrowdStrike is betting that securing AI will soon be the key driver of its future growth engine.
Dear ****** eX Stock Fans, Mark Your Calendars for September 21
How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
GF Securities Says NAND Prices May Stabilize Later This Year. What This Means for Sandisk Stock.
#Stock #fans
2 months ago
Catherine Zeta-Jones is not a fan of the label "nepo baby." In fact, she loathes it.
The Oscar-winning actress branded the term "horrific" in an interview with The Times of Britain, saying that her children Dylan, 26, and Carys, 23 – whom she shares with husband Michael Douglas – are working hard to carve out their own paths in the entertainment industry, despite having globally famous parents.
"It's hard for them to forge a way forward on their own," the 56-year-old told the newspaper, as she attempted to defend their respective acting careers, noting that they were both "plugging away."
"This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this, they're finding their own way in life," she said. Son Dylan is pursuing a career in acting, while daughter Carys is an aspiring director.
The buzzword "nepo baby" is short for nepotism, the practice of favoring friends and family members for job roles. The label has long sparked debate in Hollywood and beyond, with some angrily calling out the offspring of famous celebrities, claiming they have been handed their careers on a platter and that they are undeserving of fame and fortune.
#label #horrific #hard #acting
The Oscar-winning actress branded the term "horrific" in an interview with The Times of Britain, saying that her children Dylan, 26, and Carys, 23 – whom she shares with husband Michael Douglas – are working hard to carve out their own paths in the entertainment industry, despite having globally famous parents.
"It's hard for them to forge a way forward on their own," the 56-year-old told the newspaper, as she attempted to defend their respective acting careers, noting that they were both "plugging away."
"This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this, they're finding their own way in life," she said. Son Dylan is pursuing a career in acting, while daughter Carys is an aspiring director.
The buzzword "nepo baby" is short for nepotism, the practice of favoring friends and family members for job roles. The label has long sparked debate in Hollywood and beyond, with some angrily calling out the offspring of famous celebrities, claiming they have been handed their careers on a platter and that they are undeserving of fame and fortune.
#label #horrific #hard #acting
2 months ago
By Susan Heavey
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
2 months ago
Stablecoin issuer Tether is expanding into the realm of private credit.
The company behind USDT coin (CRYPTO: $USDT) is partnering with British ******* et manager Fasanara Capital and putting $400 million U.S. into a fund that plans to use its stablecoin to move money globally.
Specifically, Tether and Fasanara Capital are joining forces to support StableFund, a private credit vehicle that aims to raise as much as $3 billion U.S. from institutional investors.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#stablecoin #credit
The company behind USDT coin (CRYPTO: $USDT) is partnering with British ******* et manager Fasanara Capital and putting $400 million U.S. into a fund that plans to use its stablecoin to move money globally.
Specifically, Tether and Fasanara Capital are joining forces to support StableFund, a private credit vehicle that aims to raise as much as $3 billion U.S. from institutional investors.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#stablecoin #credit
2 months ago
HIVE Digital Technologies, a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, has appointed Mark Volk as Senior Vice President of Revenue at BUZZ HPC, its wholly owned AI cloud and high-performance computing subsidiary.
Volk's mandate is to build BUZZ HPC's revenue engine and scale it globally. He will lead the company's go-to-market strategy across enterprise, government, sovereign AI, hyperscale, research and academic markets, overseeing commercialization of its GPU-powered infrastructure, including sovereign AI cloud, GPU-as-a-Service, colocation and hybrid AI solutions.
Related: Elon Musk warns 'if the ship of America sinks, we all sink with it'
Volk brings roughly 30 years of experience across AI, high-performance computing, cloud and enterprise infrastructure.
He is not a new face internally, he has worked with HIVE as a consultant for approximately nine months, during which he helped build BUZZ HPC's current GPU cloud demand pipeline.
#buzz #volk #performance #across
Volk's mandate is to build BUZZ HPC's revenue engine and scale it globally. He will lead the company's go-to-market strategy across enterprise, government, sovereign AI, hyperscale, research and academic markets, overseeing commercialization of its GPU-powered infrastructure, including sovereign AI cloud, GPU-as-a-Service, colocation and hybrid AI solutions.
Related: Elon Musk warns 'if the ship of America sinks, we all sink with it'
Volk brings roughly 30 years of experience across AI, high-performance computing, cloud and enterprise infrastructure.
He is not a new face internally, he has worked with HIVE as a consultant for approximately nine months, during which he helped build BUZZ HPC's current GPU cloud demand pipeline.
#buzz #volk #performance #across
2 months ago
I have spent much of this week watching Australian coverage of the NFL and scrolling through social media posts as the 49ers and Rams prepare to play the first regular-season game in Australia. The coverage has been entertaining, enthusiastic and occasionally educational. There have been explanations of the rules, breakdowns of the equipment and attempts to introduce American football to a country that already has a sport called football.
The Aussies are excited. Nearly 100,000 people are expected to fill the Melbourne Cricket Ground. Moreover, the NFL has taken over the city. The Jonas Brothers will perform at halftime, and Tourism Australia has built an advertising campaign around the game featuring wildlife conservationist and television personality Robert Irwin. He's the son of the late "Crocodile Hunter" Steve Irwin. In addition, Netflix will distribute the game globally.
It should be a spectacular event. I'm just not convinced it proves football has become a global sport.
This season, the NFL is staging nine regular-season games in seven countries outside the United States. That represents an extraordinary expansion from the occasional London game of the past. The league is no longer simply testing international markets. Moreover, overseas games have become an important part of its schedule, television strategy and marketing machine.
However, more games in more countries don't automatically mean football has developed deep roots in those places.
#sport
The Aussies are excited. Nearly 100,000 people are expected to fill the Melbourne Cricket Ground. Moreover, the NFL has taken over the city. The Jonas Brothers will perform at halftime, and Tourism Australia has built an advertising campaign around the game featuring wildlife conservationist and television personality Robert Irwin. He's the son of the late "Crocodile Hunter" Steve Irwin. In addition, Netflix will distribute the game globally.
It should be a spectacular event. I'm just not convinced it proves football has become a global sport.
This season, the NFL is staging nine regular-season games in seven countries outside the United States. That represents an extraordinary expansion from the occasional London game of the past. The league is no longer simply testing international markets. Moreover, overseas games have become an important part of its schedule, television strategy and marketing machine.
However, more games in more countries don't automatically mean football has developed deep roots in those places.
#sport
2 months ago
It looks like the American consumer has more to worry about than food recalls and cyclospora—a new study found that even the packaging the food comes in may pose some health concerns.
Out of over 15,000 food contact chemicals (FCCs), 1,222 or 8% can pose serious health risks, according to a recent study published in the peer-reviewed journal Environmental Science & Technology. Some of these FCCs, which in general are "substances that come into contact with food, such as through food packaging, processing, storage or other handling," per the FDA, were found to be hazardous to human health.
Researchers from the nonprofit Food Packaging Forum Foundation, which conducted the study, found at least 2,160 chemicals regularly contact food and "migrate into foodstuffs." Using guidelines from the UN's Globally Harmonized System of Classification and Labeling of Chemicals (GHS), researchers found some of the chemicals related to food packaging and other materials were "carcinogenic, mutagenic, toxic to reproduction, harmful to specific organs after repeated exposure, [and] endocrine disrupting."
That's not the only concerning part. The researchers found that 13,211 of the 15,159 known food-contact chemicals lacked harmonized hazard data. That means the scientists could not determine from the available data whether those chemicals met the study's criteria for being hazardous.
"There's a lot of ways of establishing whether something is hazardous or not, and some methods are based very much just on computer models, looking at the structure, predicting something. And others are based on in vitro tests," Dr. Helene Wiesinger, scientific communication officer at the nonprofit and one of the researchers on the study, told Fortune. "And in some sense, the data that we used?' So this is the data we used, and the problem we ran into at that point was that there were huge data lags."
#Food #study #contact
Out of over 15,000 food contact chemicals (FCCs), 1,222 or 8% can pose serious health risks, according to a recent study published in the peer-reviewed journal Environmental Science & Technology. Some of these FCCs, which in general are "substances that come into contact with food, such as through food packaging, processing, storage or other handling," per the FDA, were found to be hazardous to human health.
Researchers from the nonprofit Food Packaging Forum Foundation, which conducted the study, found at least 2,160 chemicals regularly contact food and "migrate into foodstuffs." Using guidelines from the UN's Globally Harmonized System of Classification and Labeling of Chemicals (GHS), researchers found some of the chemicals related to food packaging and other materials were "carcinogenic, mutagenic, toxic to reproduction, harmful to specific organs after repeated exposure, [and] endocrine disrupting."
That's not the only concerning part. The researchers found that 13,211 of the 15,159 known food-contact chemicals lacked harmonized hazard data. That means the scientists could not determine from the available data whether those chemicals met the study's criteria for being hazardous.
"There's a lot of ways of establishing whether something is hazardous or not, and some methods are based very much just on computer models, looking at the structure, predicting something. And others are based on in vitro tests," Dr. Helene Wiesinger, scientific communication officer at the nonprofit and one of the researchers on the study, told Fortune. "And in some sense, the data that we used?' So this is the data we used, and the problem we ran into at that point was that there were huge data lags."
#Food #study #contact
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2 months ago
The International League T20 (ILT20) Season 5 was officially launched with a glittering event in Dubai, with fast-bowling legends Brett Lee and Shoaib Akhtar among the star attractions on an evening celebrating the league's rapid rise and growing influence across the Gulf region.
The event brought together leading figures from cricket, sport, business and government, with ILT20 chairman Khalid Al Zarooni and league commissioner, ICC board director and ECB general secretary Mubashshir Usmani highlighting the tournament's contribution to the development and expansion of cricket in the UAE and the wider region.
Al Zarooni reflected on the league's growth while thanking its stakeholders and partners.
"What began as a dream has grown into one of the world's leading cricket leagues, bringing together top players and major franchises, while helping grow cricket in the UAE, the region and beyond," he said.
He also acknowledged the support of franchise owners, commercial and strategic partners, with a special mention for Zee Network, while welcoming SPORTFIVE as a new commercial partner.
A special panel discussion hosted by former New Zealand international Simon Doull explored the changing landscape and future of cricket in the region and globally.
The panel featured Usmani, Dr Mohamed Abu Hamra, Eisa Sharif of the Dubai Sports Council, ZEE Entertainment Enterprises Deputy CEO and CFO Mukund Galgali, SportFive President Venu Nair and Bisleri Global Director Sales & Marketing Tushar Malhotra.
Doull later brought Lee and Shoaib together for another engaging discussion, with the two legendary fast bowlers speaking about the ILT20's growing impact on UAE and regional cricket.
The pair also looked back on their playing careers, recalling an era in which their blistering pace made them two of the most feared fast bowlers in world cricket.
The evening also featured a spell-binding performance by celebrity mentalist Karan Singh Magic, while the league unveiled its new brand identity for Season 5.
Season 5 will be played in November and December across the UAE's three iconic venues — Zayed Cricket Stadium in Abu Dhabi, Dubai International Stadium and Sharjah Cricket Stadium.
Defending champions Desert Vipers will enter the fifth season aiming to retain their crown. Gulf Giants won the inaugural season, followed by MI Emirates in Season 2 and Dubai Capitals in Season 3.
#stadium
The event brought together leading figures from cricket, sport, business and government, with ILT20 chairman Khalid Al Zarooni and league commissioner, ICC board director and ECB general secretary Mubashshir Usmani highlighting the tournament's contribution to the development and expansion of cricket in the UAE and the wider region.
Al Zarooni reflected on the league's growth while thanking its stakeholders and partners.
"What began as a dream has grown into one of the world's leading cricket leagues, bringing together top players and major franchises, while helping grow cricket in the UAE, the region and beyond," he said.
He also acknowledged the support of franchise owners, commercial and strategic partners, with a special mention for Zee Network, while welcoming SPORTFIVE as a new commercial partner.
A special panel discussion hosted by former New Zealand international Simon Doull explored the changing landscape and future of cricket in the region and globally.
The panel featured Usmani, Dr Mohamed Abu Hamra, Eisa Sharif of the Dubai Sports Council, ZEE Entertainment Enterprises Deputy CEO and CFO Mukund Galgali, SportFive President Venu Nair and Bisleri Global Director Sales & Marketing Tushar Malhotra.
Doull later brought Lee and Shoaib together for another engaging discussion, with the two legendary fast bowlers speaking about the ILT20's growing impact on UAE and regional cricket.
The pair also looked back on their playing careers, recalling an era in which their blistering pace made them two of the most feared fast bowlers in world cricket.
The evening also featured a spell-binding performance by celebrity mentalist Karan Singh Magic, while the league unveiled its new brand identity for Season 5.
Season 5 will be played in November and December across the UAE's three iconic venues — Zayed Cricket Stadium in Abu Dhabi, Dubai International Stadium and Sharjah Cricket Stadium.
Defending champions Desert Vipers will enter the fifth season aiming to retain their crown. Gulf Giants won the inaugural season, followed by MI Emirates in Season 2 and Dubai Capitals in Season 3.
#stadium
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0 donations
0.00$
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2 months ago
China's largest new energy vehicle (NEV) manufacturer BYD Auto reported an 18% rise in global sales to 440,293 units in August 2026, marking the fourth consecutive month of growth for the company following eight months of declines. Last month's growth followed a 22% surge in July, as overseas sales continued to strengthen - offsetting continued weak demand and fast-rising competition in its home market.
Domestic sales fell by 14% year-on-year to 250,827 units in August, while overseas sales surged by 134% to 189,466 vehicles, accounting for 43% of the company's global sales.
In the first eight months of 2026, BYD sold a total of 2,668,015 vehicles globally, down by almost 7% from last year's 2,863,876 units, with domestic sales plunging by 33% to 1,505,755 units from 2,233,148 units in the same period last year. Overseas sales surged by 86% to 1,162,260 units year-to-date, after growing by 130% to 630,728 units previously.
BYD is in the process of switching its products to its second-generation Blade Battery, which features flash charging capabilities. The transition has caused some production bottlenecks in recent months, according to local reports. The company is also expanding its presence in the premium BEV segment, with the launch of the Dynasty Da Tang D-segment flagship SUV in July.
BYD has set a target of further increasing its overseas sales to 2.5 million vehicles in 2027, up from an expected 2.0 million units in 2026, helped by an expanded shipping fleet and rising production abroad, with the company's plant in Hungary scheduled to become operational in the fourth quarter of 2026.
#sales
Domestic sales fell by 14% year-on-year to 250,827 units in August, while overseas sales surged by 134% to 189,466 vehicles, accounting for 43% of the company's global sales.
In the first eight months of 2026, BYD sold a total of 2,668,015 vehicles globally, down by almost 7% from last year's 2,863,876 units, with domestic sales plunging by 33% to 1,505,755 units from 2,233,148 units in the same period last year. Overseas sales surged by 86% to 1,162,260 units year-to-date, after growing by 130% to 630,728 units previously.
BYD is in the process of switching its products to its second-generation Blade Battery, which features flash charging capabilities. The transition has caused some production bottlenecks in recent months, according to local reports. The company is also expanding its presence in the premium BEV segment, with the launch of the Dynasty Da Tang D-segment flagship SUV in July.
BYD has set a target of further increasing its overseas sales to 2.5 million vehicles in 2027, up from an expected 2.0 million units in 2026, helped by an expanded shipping fleet and rising production abroad, with the company's plant in Hungary scheduled to become operational in the fourth quarter of 2026.
#sales
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2 months ago
By Ben Blanchard and Wen-Yee Lee
TAIPEI, Sept 7 (Reuters) - Taiwan flexed its chip diplomacy muscles at a major trade show last week, portraying itself as a democratic and reliable supplier for the AI revolution, while signalling a willingness to share the benefits of its semiconductor prowess with like-minded partners.
Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.
But Taiwan also faces pressure from the United States, its most important international backer and arms supplier, to shift more chip manufacturing there. That comes as TSMC is investing $265 billion in factories in the state of Arizona.
President Lai Ching-te, who, unusually, spoke at two separate events on the same day at the SEMICON Taiwan trade show, said Taiwanese companies were expanding globally to "let resilience create shared prosperity", and that the island's chip strength was based on democracy and rule of law.
#chip #show #international
TAIPEI, Sept 7 (Reuters) - Taiwan flexed its chip diplomacy muscles at a major trade show last week, portraying itself as a democratic and reliable supplier for the AI revolution, while signalling a willingness to share the benefits of its semiconductor prowess with like-minded partners.
Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.
But Taiwan also faces pressure from the United States, its most important international backer and arms supplier, to shift more chip manufacturing there. That comes as TSMC is investing $265 billion in factories in the state of Arizona.
President Lai Ching-te, who, unusually, spoke at two separate events on the same day at the SEMICON Taiwan trade show, said Taiwanese companies were expanding globally to "let resilience create shared prosperity", and that the island's chip strength was based on democracy and rule of law.
#chip #show #international
2 months ago
Coca-Cola (NYSE: KO) is one of the best-known companies in the world, thanks to its namesake beverage brand, so it needs little introduction. However, what's most impressive right now is the stock's performance. It is up 28% over the past year, as of this writing. The average consumer staples stock is only up 5% over that span. Even the S&P 500 index (SNPINDEX: ^GSPC) is "only" up 20%. After a run like that, is Coca-Cola a buy, hold, or sell?
Coca-Cola is a well-run business. It is one of the world's largest consumer staples companies. It is globally diversified and has industry-leading capabilities in distribution, marketing, and innovation. The company's fundamental strength is evident in its status as a Dividend King, with 64 consecutive annual dividend increases. The only consumer staples peer with a better record is Procter & Gamble (NYSE: PG), but P&G doesn't make food. So, Coca-Cola is the food company with the best dividend record.
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 »
If you want to own industry-leading businesses, Coca-Cola should be on your short list. And, with an above-market yield of 2.4%, you could easily justify adding it to your portfolio. That's particularly true given recent results, with organic revenue growth of 6% in the second quarter of 2026, even as consumers tighten their belts. In fact, Coca-Cola raised its full-year guidance despite the broader food industry's struggles.
Certainly, if you have owned Coca-Cola for years, selling it right when it is performing so well as a business probably isn't something you should be considering. Unless, of course, the stock's valuation was running ahead of its historical norms. But that's not the case.
#staples
Coca-Cola is a well-run business. It is one of the world's largest consumer staples companies. It is globally diversified and has industry-leading capabilities in distribution, marketing, and innovation. The company's fundamental strength is evident in its status as a Dividend King, with 64 consecutive annual dividend increases. The only consumer staples peer with a better record is Procter & Gamble (NYSE: PG), but P&G doesn't make food. So, Coca-Cola is the food company with the best dividend record.
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 »
If you want to own industry-leading businesses, Coca-Cola should be on your short list. And, with an above-market yield of 2.4%, you could easily justify adding it to your portfolio. That's particularly true given recent results, with organic revenue growth of 6% in the second quarter of 2026, even as consumers tighten their belts. In fact, Coca-Cola raised its full-year guidance despite the broader food industry's struggles.
Certainly, if you have owned Coca-Cola for years, selling it right when it is performing so well as a business probably isn't something you should be considering. Unless, of course, the stock's valuation was running ahead of its historical norms. But that's not the case.
#staples
2 months ago
Seattle, Washington-based Starbucks Corporation (SBUX) roasts, sells and distributes high-quality coffee globally. Valued at $121 billion by market cap, the company offers packaged and single-serve coffees and teas, beverage-related ingredients, and ready-to-drink beverages, as well as produces and sells bottled coffee drinks and a line of ice creams through over 40,000 stores worldwide under the brands Starbucks Coffee, Teavana, Seattle's Best Coffee, Ethos, and Starbucks Reserve.
Companies worth $10 billion or more are generally described as "large-cap stocks," and SBUX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the restaurants industry. With over 41,000 stores globally, SBUX's strong brand drives growth and its diverse footprint and international presence fuel market dominance.
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#billion #market #Stock #globally
Companies worth $10 billion or more are generally described as "large-cap stocks," and SBUX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the restaurants industry. With over 41,000 stores globally, SBUX's strong brand drives growth and its diverse footprint and international presence fuel market dominance.
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#billion #market #Stock #globally
2 months ago
Valued at $83.1 billion by market cap, Airbnb, Inc. (ABNB) is a global online travel marketplace that connects travelers with hosts offering accommodations, including homes, apartments, villas, and boutique hotels. The San Francisco, California-based platform has expanded beyond stays to include Airbnb Experiences and Services, and offerings such as car rentals, airport pickups, and grocery delivery to create a broader end-to-end travel platform.
Companies worth $10 billion or more are generally described as "large-cap stocks," and ABNB perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the travel services industry. Airbnb stands out through its **** et-light business model, globally recognized brand, and expansive network of unique accommodations. Unlike traditional hotel chains, Airbnb offers travelers access to homes, apartments, villas, and other distinctive properties, giving it a broader and more personalized selection. Its large two-sided network of hosts and guests creates strong network effects, while its growing Experiences and Services offerings provide additional ways to engage customers and diversify beyond lodging.
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#Services
Companies worth $10 billion or more are generally described as "large-cap stocks," and ABNB perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the travel services industry. Airbnb stands out through its **** et-light business model, globally recognized brand, and expansive network of unique accommodations. Unlike traditional hotel chains, Airbnb offers travelers access to homes, apartments, villas, and other distinctive properties, giving it a broader and more personalized selection. Its large two-sided network of hosts and guests creates strong network effects, while its growing Experiences and Services offerings provide additional ways to engage customers and diversify beyond lodging.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential **** eX Deal Could Meaningfully Accelerate Growth for Technip Stock
#Services
