On August 27, ****** an Machinery Inc. (NASDAQ:TITN) reported results for the fiscal second quarter ended July 31, and the numbers point in two different directions at once. Revenue fell to $496.4 million from $546.4 million a year earlier, and the net loss widened to $9.2 million, or $0.40 per diluted share, compared with a $6.0 million loss a year ago. Yet gross margin climbed to 18.6% from 17.1%, and management held its full year profitability targets steady even while cutting its outlook for Europe. Sorting out that mix is the real story of the quarter.
The clearest bright spot is margin. Gross profit margin expanded 150 basis points to 18.6%, which the company attributed to stronger equipment margins as aged inventory keeps shrinking, plus a richer mix of parts and service revenue. That improvement showed up directly in the segments. Agriculture's pretax loss narrowed sharply to $3.3 million from $12.3 million a year ago, even though segment revenue fell to $310.2 million on an 8.4% same-store sales decline. Construction told an even better story, with revenue rising to $78.6 million from $72.0 million on 9.2% same-store growth, and the segment flipped to $0.4 million of pretax income from a $1.2 million pretax loss last year, helped by data center and infrastructure project activity.
Management raised its Construction revenue ****** umption for the year to up 5% to 10%, from flat to up 5% previously. Australia also improved, with revenue up 22.5% once currency effects are stripped out, and its full-year outlook was raised to up 15% to 20% on better moisture levels and farmer sentiment. Floorplan and other interest expense fell to $8.1 million from $11.5 million as interest-bearing inventory levels came down, another sign the cleanup is easing pressure on the business.
The offsetting weakness is just as clear. Consolidated revenue dropped across nearly every line, and Agriculture's same-store decline reflects continued pressure on grower profitability in North America. The bottom line moved the wrong way too, with Adjusted EBITDA slipping to $4.6 million from $5.6 million and operating expenses rising to 19.0% of revenue from 17.0%. Europe was the sharpest problem. Segment revenue fell to $66.1 million from $98.1 million, and once a $1.1 million currency benefit is excluded, revenue was down $33.1 million, or 33.7%. The wind-down of the company's German operations accounted for roughly $11 million of that decline, with the rest coming from softer demand after the boost Romania saw from European Union stimulus programs faded.

#million #once #even

On August 5, Cytek Biosciences (NASDAQ:CTKB) reported financial results for the second quarter ended June 30, and the report reads like two different companies at once. Revenue climbed, margins widened, and the installed base of instruments kept expanding. At the same time, the net loss more than doubled from a year earlier and adjusted EBITDA swung negative. For a company selling hardware into cell ***** ysis labs, that split between growing revenue and growing losses is the story investors need to untangle.
Total revenue reached $48.1 million in the second quarter of 2026, up 6% from the second quarter of 2025, and the growth came from more than one source. Cytek expanded its installed base to 3,933 instruments as of June 30, 2026, adding 142 units in the quarter, and each new machine tends to pull in service and reagent sales over time. That dynamic already shows up in the numbers: recurring revenue from service and reagents hit $18.5 million in the quarter, and on a trailing 12-month basis it now makes up 35% of total revenue, up from 32% a year earlier.
Gross profit told a similar story, climbing 19% to $28.3 million, with GAAP gross margin rising to 59% from 52% and adjusted gross margin reaching 61% from 56%. Some of that lift came from a one-time tariff refund, but even stripped of it, adjusted gross margin still improved to 56%. Cytek also launched the Borealis, a 7-laser flow cytometer built for 60-color panels, and rolled out more automated configurations of its Aurora Evo line, giving the sales team new hardware to sell into the rest of 2026. Full-year revenue guidance moved up to a range of $207 million to $212 million, raising the midpoint by $1 million.
The same quarter that grew revenue also widened the losses. Operating expenses rose 15% year over year to $39.7 million, with general and administrative costs jumping 24% to $16.8 million because of litigation-related expenses, severance, and other personnel costs. R&D spending grew 10% to $9.7 million, and sales and marketing rose 9% to $13.2 million, so the increase was not confined to one line item. The loss from operations widened to $11.4 million from $10.6 million a year earlier, and net loss more than doubled to $12.2 million from $5.6 million.
Adjusted EBITDA, which strips out stock-based compensation and currency swings, swung to a $1.5 million loss from a positive $1.3 million a year earlier, after also adjusting for a write-off tied to an early-stage technology investment. The tariff refund that boosted this quarter's headline gross margin also means the underlying figures, 53% GAAP and 56% adjusted, are the more honest baseline going forward. Cash and marketable securities held roughly flat at $262.0 million as of June 30, 2026, down only slightly from $262.2 million three months earlier, so the balance sheet has not yet felt the strain.

#quarter #adjusted

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I'm turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income tax on my RMDs outweigh the benefit of keeping those withdrawals invested and growing tax-deferred? My understanding is that if I withdraw amounts up to my standard deduction, then those amounts would be tax-free.
– Austen
Retirement withdrawals, Social Security benefits, required minimum distribution (RMDs), taxes … there are a lot of moving parts when it comes to making decisions about your retirement income. Reducing the amount of money that's subject to RMDs can help minimize your taxes once they kick in. This may also help avoid taxes on your Social Security benefits.
If you don't need the money now, but want to reduce RMDs later, one of the best moves might be converting a portion of your IRA to a Roth IRA each year. That can help reduce future required withdrawals and allow your money to grow tax-free, though there can be tax consequences for certain withdrawals. (A financial advisor can help guide you through the Roth conversion process and potentially avoid unwanted tax consequences.)

#Help #taxes #roth #Retirement

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High-income households can use what's called a "backdoor Roth" to utilize a Roth IRA despite the program's standard income restrictions. This can be an effective way to build a tax-free stream of income for your retirement, and it is a completely legal strategy.
Whether this method will reduce your taxes depends heavily on your tax rates now versus what you'll pay in retirement. For some high-earners, a Roth IRA can actually be a money loser if it means you end up spending more on taxes today than you will save on taxes in retirement.
Do you have questions about taxes and retirement planning? Speak with a financial advisor today.
A Roth IRA is what's called a "post-tax" retirement account. This means that you contribute to it with money that you've already paid taxes on. Then, in retirement, you make withdrawals on both your contributions and any growth completely tax-free. The idea is that it's more expensive upfront to build a Roth IRA compared with a pre-tax portfolio like a traditional IRA or 401(k), but you save taxes on your portfolio at its peak value as a retiree.

#Retirement #completely

Anne Hathaway stepped out for Bulgari's Serpenti Infinito event during New York Fashion Week
The actress wore a strapless lilac gown that accentuated her growing baby **** p
Hathaway is expecting her third child with husband Adam Shulman
Anne Hathaway is continuing her maternity style streak.
On Wednesday, Sept. 9, the actress, 43, appeared at Bulgari's Serpenti Infinito event on Chelsea's High Line in New York City. The event was part of New York Fashion Week and featured an open-air installation.

#fashion #adam

HELSINKI, Sept 9 (Reuters) - Alphabet's Google will invest at least €13 billion ($15.1 billion) in artificial intelligence infrastructure in ‌Finland over the next two years, it said on ‌Wednesday, calling it the company's single largest investment in Europe.
Finland has become a magnet for data centres as companies including Microsoft and TikTok owner ByteDance seek to reduce energy costs and meet climate goals.
Its cold climate makes coping with the heat produced ‌by data centres cheaper ⁠and it also has large amounts of low-carbon electricity.
Alphabet this year increased its global investment ⁠to between $195 billion and $205 billion as it seeks to capture growing computing demand.
The investments in Finland will include data centres, electricity grid improvements and clean energy and battery projects driving services such ‌as Gemini, Search, Maps and YouTube, Google said in a statement.

#billion #finland #centres #climate

As global travel continues its post-pandemic ascent, investors are weighing the recovery of an aviation ******* an against a leaner engine specialist. Choosing between Boeing (NYSE:BA) and GE Aerospace (NYSE:GE) requires careful scrutiny.
Boeing remains a global leader in commercial aircraft manufacturing and defense systems, while GE Aerospace has transformed into a focused aerospace power. Both companies benefit from rising demand for efficient travel, yet they offer vastly different financial health and risk profiles.
Boeing develops and services commercial airplanes, defense products, and ******* e systems for customers in over 150 countries. The company derives a significant portion of its revenue from the U.S. government, including the Department of Defense and NASA. Customer concentration like this adds a layer of risk to the business, particularly when specialized contracts are subject to shifting federal budget priorities.
In FY 2025, revenue reached nearly $89.5 billion, representing a significant 34.5% increase over the prior year. This growth helped the company report a net income of approximately $2.2 billion, which is a notable improvement from the net loss of roughly $11.8 billion in 2024. The turnaround suggests that production rates for major programs are beginning to stabilize after several years of operational disruptions.
As of its December 2025 balance sheet, the debt-to-equity ratio was 10.0x. This high figure indicates that total liabilities are ten times the value of shareholder equity. The current ratio, which indicates a company's ability to pay short-term obligations with short-term ******* ets, was nearly 1.2x. Free cash flow was negative $1.9 billion, and stock-based compensation represented roughly 40% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.

#cash #global #commercial

Oscar Isaac plays a man whose marriage is falling apart in Beef Season 2, and it earned him a nomination for Outstanding Lead Actor in a Limited or Anthology Series or Movie ahead of the 2026 Emmy Awards. But what's the latest on the 47-year-old actor's real-life marriage?
Isaac and his wife, Elvira Lind, have been each other's dates to awards ceremonies for years. In fact, they made their first public appearance as a couple at the 2016 Golden Globes, where Isaac won a trophy for his role in Show Me a Hero. Over the past decade, Isaac has shared updates about his relationship. Keep reading for all the facts about the actor's wife, whether he has kids, and more.
Lind is a 45-year-old film director from Copenhagen, though she and Isaac are currently based in New York. Per her website, she went to film school in Cape Town in 2006 before launching a career in filmmaking. She primarily makes documentaries, though Lind and Isaac have worked together on some fiction projects, including Lind's Oscar-nominated short film The Letter Room.
She wrote a message "to [her] talented husband" after The Letter Room was made. "Thank you for letting me put you in a fat suit during a Summer heat wave," says her June 2020 Instagram post. That same year, Lind and Isaac started their own production company, Mad Gene Media.
She continued, "Thank you for trusting me to direct you while I was 7 months pregnant. I know that wasn't always easy. Thank you for encouraging me and showing up and doing absolute magic like you always do. And thank you for growing the most impressive moustache I have ever seen. You are the funniest man I know. I love you more than any words can explain on social media. I am very happy we got to make this together – (and stayed married after)."

#isaac #oscar

Stanley Black & Decker, Inc. (NYSE:SWK) entered into a definitive agreement to sell Excel Industries to Bad Boy Mowers. Excel Industries, which includes the Hustler Turf Equipment brand, is expected to generate approximately $300 million of fiscal 2026 revenue.
The purchase price and expected proceeds were not disclosed. The transaction remains subject to regulatory approval and customary closing conditions. Until closing, Excel Industries will remain in continuing operations and will not be classified as a discontinued operation.
Stanley Black & Decker, Inc. (NYSE:SWK) does not expect the transaction to dilute adjusted EPS. Adjusted EPS is a company-defined non-GAAP measure calculated as diluted GAAP EPS excluding certain gains and charges, including divestiture-related items, restructuring, footprint actions, and gains or losses on business sales.
The sale advances the portfolio-simplification strategy of Stanley Black & Decker, Inc. (NYSE:SWK). Divesting a specialized turf-equipment platform could reduce complexity and concentrate investment on larger brands and markets.
Stanley Black & Decker, Inc. (NYSE:SWK) plans to continue investing in its Outdoor business, including electrical products and high-performance residential ride-on and zero-turn mowers. The remaining portfolio includes DEWALT, CRAFTSMAN, Cub Cadet, Troy-Bilt and BLACK+DECKER, providing established platforms for outdoor growth.

#black #industries

Arsenal are among the clubs keeping a close watch on AIK teenager Kevin Filling, with the 17-year-old increasingly viewed as one of the more intriguing young attacking prospects in Sweden.
According to Caught Offside, **** nal, Chelsea, Liverpool and Juventus have all tracked the forward in recent weeks, with scouts reported to have attended AIK matches in Stockholm. The interest centres on a player described as a potential "project signing", a label that feels particularly relevant in **** nal's case.
Filling has already stepped into senior football and is drawing attention for a profile that clubs value highly. His blend of size, pace and adaptability makes him an attractive option in a market where elite teenage talent can become significantly more expensive in a short **** e of time. Standing at around 1.85m, he can play through the middle or from the left as an inverted winger, while his "physical strength, acceleration and versatility" are understood to be among the key reasons for the growing demand.
There is a clear logic to **** nal's interest. The report states that **** nal "view Filling as a long-term project signing" and that he could be "developed carefully and potentially become part of the first-team picture over the next few seasons". That aligns with a recruitment approach focused on securing premium young talent before it fully explodes in value.
Photo: IMAGO

#filling #young #become

Is it better to own a company already selling drugs or one with a potential blockbuster in testing? Investors are weighing Axsome Therapeutics (NASDAQ:AXSM) against Viking Therapeutics (NASDAQ:VKTX) to decide.
Axsome focuses on commercializing treatments for depression and sleep disorders, showing significant revenue growth. Viking is a clinical-stage developer targeting the massive obesity market but has no products on the market yet. Both represent different stages of growth within the biotech world, making them popular choices for healthcare-minded portfolios.
Axsome develops and sells treatments for central nervous system conditions such as depression, migraines, and narcolepsy. It is a prominent name among biotech stocks, with a portfolio that includes Auvelity, Sunosi, and Symbravo. The company recently entered a settlement that grants license rights to five generic manufacturers for Sunosi starting in 2040, providing long-term clarity on its patent life and market position. In its latest annual report, filed in early 2026, the company noted it had over 900 full-time employees to support its commercial reach.
In FY 2025, revenue reached nearly $638.5 million, marking growth of close to 65.5% compared to the prior year. This increase was driven by the continued expansion of its key central nervous system treatments into new geographic markets. The company reported a net loss of approximately $183.2 million, resulting in a negative net margin, which is the percentage of revenue left after all expenses are paid, of roughly 28.7%. Some investors focus on the P/S ratio to value the business relative to this growing revenue.
As of December 2025, the debt-to-equity ratio was nearly 2.7x, meaning the company uses significant debt relative to its equity. The current ratio of approximately 1.6x indicates it has $1.60 in ****** ets for every $1.00 in liabilities due within a year. Free cash flow, or cash from operations minus capital spending, was nearly negative $93.9 million as the company continues to invest in its commercial pipeline. This spending is intended to support the long-term growth of its approved products and the development of new candidates.

#ratio #therapeutics

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

#systems #signal #years #sofcs

U.S. Soccer has announced that Don Garber will serve as the chair of the federation's Soccer Forward initiative.
Garber has served as MLS commissioner since 1999, but will be replaced by Larry Berg starting on Jan. 1, 2027.
Though Garber will stay involved with MLS, transitioning into a role as chairman, he will now take on a new position with U.S. Soccer's program that aims to grow the game at the grassroots level.
As part of his new role, U.S. Soccer said that Garber will "bring new partners to the table, grow support for U.S. Soccer's long-term priorities, and offer soccer to more people in more places than ever before."
"I've spent more than four decades working in professional sports, and I've always believed that our greatest progress comes through strong partnerships and a shared vision," said Garber.

#garber #Soccer #grow

Palo Alto Networks, Inc. (NASDAQ:PANW) reported fiscal fourth-quarter revenue of $3.41 billion, up 34% year over year. Next-Generation Security annual recurring revenue, or NGS ARR, increased 63% to $9.10 billion, while remaining performance obligations rose 34% to $21.2 billion. Remaining performance obligations represent contracted revenue not yet recognized.
NGS ARR is a company-reported operating metric measuring annualized allocated revenue from active contracts, excluding hardware, legacy attached subscriptions and support, and professional services. The current portfolio includes acquired identity and observability businesses absent from the prior-year base, so the 63% increase is not an organic growth rate. Palo Alto Networks, Inc. (NASDAQ:PANW) also reported a $282 million GAAP net loss after earning $254 million a year earlier.
The commercial indicators support greater customer consolidation onto the expanded platform. Palo Alto Networks, Inc. (NASDAQ:PANW) added approximately $970 million of net new NGS ARR. The $21.2 billion RPO balance provides visibility as contracted revenue is recognized over time.
Cash generation also remained strong despite the GAAP loss. Palo Alto Networks, Inc. (NASDAQ:PANW) produced $1.36 billion of operating cash flow, up from $1.02 billion a year earlier. That cash supports integration work.
Management expects fiscal 2027 revenue of $14.10 billion to $14.20 billion, representing growth of 23% to 24%. NGS ARR is expected to reach $11.075 billion to $11.175 billion, up 22% to 23%. Palo Alto Networks, Inc. (NASDAQ:PANW) also acquired Console, an AI-native platform intended to add agentic workflows to Cortex and extend automated investigation and remediation across enterprise operations.

#billion #networks #NASDAQ

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Performance was anchored by the 'Reimagined 200' stores, which outperformed the broader fleet by 80 basis points, validating the strategy of enhanced staffing and curated ***** ortments.
Bloomingdale's achieved its highest second-quarter sales volume in its 154-year history, driven by a 1,700 basis point step-change on a two-year stack as it captures market share in premium and luxury segments.
Management attributed the 9% increase in Average Unit Retail (AUR) to a deliberate shift toward 'fashion authority' positioning, prioritizing better/best brand tiers over high-volume, low-margin units.
The company successfully leveraged enterprise-wide capabilities, such as Macy's is leveraging its marketplace business to fill white-space opportunities, while dermatological skincare brands like SkinCeuticals drove growth at Bluemercury.

#volume #year #management #average

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Management attributed the significant improvement in adjusted operating income to tariff claim refunds received during the quarter, while also noting gross profit expansion driven by elevated ****** ortment, disciplined sourcing, and improved markdown management.
Retail segment softness was primarily driven by a 200 basis point headwind from seasonal sandals, which suffered from early weather-related challenges and failed to rebound.
The company achieved 150 basis points of core gross margin expansion through disciplined markdown management and elevated ****** ortments, despite operating in a highly promotional market environment.
Brand portfolio growth of 18% was fueled by double-digit wholesale increases, demonstrating the successful scaling of exclusive brands like Topo and Jessica Simpson across multiple distribution channels.

#operating #gross #expansion

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Transitioned from a brand-centric to a function-based organization to create clear accountability across marketing, merchandising, and digital experience teams.
Achieved the original $50 million two-year cost savings target within one year by improving marketing efficiency and streamlining internal operations.
Prioritized revenue contribution margin over top-line growth in fiscal 2026, intentionally reducing marketing spend that did not meet incrementality or profitability thresholds.
Consolidated the digital ecosystem by moving low-traffic standalone websites into categories within flagship platforms like Harry & David to leverage scale and improve efficiency.

#achieved

If you hold Pfizer (PFE) or Zoetis (ZTS), you hold the same idea: a branded medicine becomes a standard of care and keeps earning for years, in people or in animals. That is where it stops. Pfizer is buying replacements for older drugs losing exclusivity. Zoetis is cutting its effective price to keep the franchises it has. Same bet, two opposite defenses.
Pfizer lifted the midpoint of its 2026 revenue guidance by $500 million while cutting its COVID-19 revenue expectation to about $4 billion from about $5 billion. The rest of the company covered that gap: excluding COVID products, the underlying business grew 5% operationally in the second quarter of 2026, with Eliquis and Padcev among the drivers management named.
Zoetis cut its 2026 outlook and now expects revenue to decline 1% to 3% on an organic operational basis. Management said sales trends through July had not yet indicated market stabilization. Pfizer's raise rests on business it can already see. Zoetis has yet to see visibility on market stabilization.
Pfizer is buying growth and cutting cost, and expects about $9.7 billion in total net savings through 2029. What that funds is an aim, not a guide: a risk-adjusted high single-digit revenue CAGR from year-end 2028 through year-end 2033.
The pipeline behind that aim is expensive to get wrong. A Phase III lung cancer trial that missed its primary endpoint and, to a lesser extent, the removal of revenue projections for Oxbryta led to $4.3 billion of noncash intangible **** et impairments recorded in the second quarter of 2026. While an unadjusted price-to-EBIT comparison puts Pfizer at 23.9 against Zoetis at 9.2, aligning the two on operating income brings them to 9.7x and 9.0x, largely erasing the paying-up premium.

#pfizer #covid

The Apertura 2026 has once again confirmed the evolution of Diego Campillo. The center back who came through the Cantera Rojiblanca has established himself as an immensely valuable piece for Guadalajara and, matchday after matchday, has shown that his growth goes hand in hand with a greater influence within Gabriel Milito's system.
Ahead of Jornada 8, in which Chivas will host Pumas at Estadio AKRON, Campillo emerges as the player to watch for El Rebaño Sagrado, both because of the level he has shown throughout the tournament and because of his previous performances against the university side.
The 24-year-old defender has played in 6 of Guadalajara's 7 matches in AP26, and he has found an ideal setting in the libero position to maximize some of his main strengths: reading the game, defending large ****** es and his ability to initiate attacks from the back.
Campillo has become one of the main players responsible for maintaining Guadalajara's high defensive line. On many occasions, he is the last man back and, from that position, he has had to directly face forwards with tremendous quality and very different characteristics.
Throughout this tournament, he has demonstrated his ability to prevail in individual duels against powerful and fast attackers, while also improving considerably when defending the ****** e behind the defensive line.

#back #position

The Apertura 2026 has once again confirmed the growth of Diego Campillo. The center back developed in the Cantera Rojiblanca has established himself as a hugely valuable piece for Guadalajara and, match after match, has shown that his development goes hand in hand with greater influence within Gabriel Milito's system.
Heading into Matchday 8, when Chivas will host Pumas at Estadio AKRON, Campillo stands out as the Rebaño Sagrado's player to watch, both for the level he has shown throughout the tournament and for his track record against the university side.
The 24-year-old defender has played in 6 of the 7 matches Guadalajara has contested in AP26, and he has found in the sweeper role an ideal setting to enhance some of his main strengths: reading the game, the ability to defend large **** es, and his quality in building attacks from the back.
Campillo has become one of the main figures responsible for holding together Guadalajara's high defensive line. He is often the last man and, from that position, has had to go directly up against forwards of enormous quality with very different characteristics.
Throughout this tournament he has shown his ability to come out on top in one-on-one duels against powerful, fast attackers, while also improving considerably in defending the **** e behind him.

#guadalajara #ability

By Lucia Mutikani
WASHINGTON, Sept 10 (Reuters) - U.S. producer prices increased in August amid higher costs of goods, airline fares and hospital services, boosting the chances of an interest rate hike from the Federal Reserve next week.
The report from the Labor Department on Thursday followed news last week of a sharp acceleration in job growth in August. Airline fares and hospital services ‌are among the components that go into the calculation of the Personal Consumption Expenditures Price Indexes, the inflation measures tracked by the U.S. central bank for its 2% inflation target.
August's Consumer Price ‌Index data on Friday could shed more light on the inflation picture and further shape interest rate expectations for next week.
"This report points to cost increases in the pipeline and will support the case of those on the Committee who want to hike rates now," said Carl Weinberg, chief economist at High Frequency Economics.

#inflation #august #airline #interest

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Delivered 12% sales growth driven by full-price transactions in core categories like woven tops and seasonal knits, reflecting a growing full-price customer base.
Acquired OVO's operating business to enter the fast-growing global streetwear market, a category previously unaddressed by the company's portfolio.
Transitioning to a multi-brand platform by leveraging Vince's established 'operating backbone'—including sourcing, production, and logistics—to scale the OVO brand.
Deepened the partnership with Authentic Brands Group (ABG), securing a 5% stake in OVO's intellectual property and a long-term license to manufacture and sell product.

#full #brand #transitioning

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Delivered record Q2 sales outside of the holiday period despite a 'K-shaped' economy and aggressive industry-wide promotional activity.
Performance was bifurcated by price point, with double-digit growth in premium configurations over $6,000 while the under-$6,000 segment remained pressured by inflation and interest rates.
Management is pivoting from a single-platform focus to a multi-platform 'Sactionals sofa company' strategy to address broader market segments and aesthetic preferences.
Operational efficiency improved through the 'Fuel for Growth' program and sourcing diversification, helping to insulate the P&L from volatile ocean freight and domestic shipping costs.

#management

Credo Technology Group Holding Ltd (NASDAQ:CRDO) reported fiscal first-quarter 2027 revenue of $479.0 million, up 9.6% sequentially. Management said the company's connectivity portfolio now spans copper and optical products, while total revenue increased 114.7% year over year. GAAP gross margin fell to 64.5% from 68.2% in the preceding quarter and 67.4% one year earlier.
GAAP operating expenses increased to $188.4 million from $142.2 million sequentially, while GAAP operating income declined to $120.7 million from $155.8 million. Credo Technology Group Holding Ltd (NASDAQ:CRDO) nevertheless expects another quarter of growth, guiding fiscal second-quarter revenue to $525 million to $535 million. The $530 million midpoint implies approximately 10.6% sequential expansion.
The question is whether revenue growth and the broader AI connectivity portfolio can offset acquisition-related costs and rising operating expenses.
Revenue scale remains the central strength. Credo Technology Group Holding Ltd (NASDAQ:CRDO) offers active electrical cables, optical transceivers, digital signal processors, silicon-photonics components, retimers, and chip-to-chip connectivity. These products address connections spanning short distances inside AI systems through longer links across clusters.
Absolute GAAP gross profit still increased to $309.1 million from $298.1 million sequentially despite the lower margin. Credo Technology Group Holding Ltd (NASDAQ:CRDO) ended the quarter with $764.3 million in cash and short-term investments, down from approximately $1.44 billion following completion of the DustPhotonics acquisition during the quarter. The remaining liquidity supports research, product development, and capacity requirements.

#crdo

Data centers will need a lot more electricity. That's the takeaway from Goldman Sachs research published Sept. 1, 2026, which estimates U.S. data center power demand could approach 108 gigawatts by 2030.
That surge creates opportunities not only for utilities that deliver power to the grid, like American Electric Power (NASDAQ: AEP), but also for companies that manage power and heat inside the data center, like Vertiv (NYSE: VRT). Here's how these industrials stocks can help you profit from the artificial intelligence (AI) power boom.
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 »
American Electric Power is one of the country's leading utilities, serving millions of customers across 11 states. It also operates the largest transmission network, which puts it in a prime spot to capture rising demand from data centers for more high-voltage lines and additional power supply.
AEP now has 69 gigawatts of contracted load additions through 2030, up from 63 gigawatts disclosed in the first quarter. That increase highlights growing customer commitments and supports the case that data center demand is durable.

#power #flashing

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

#revenue #consumption #gtlb #first

Biopharmaceutical leader Kiniksa Pharmaceuticals (KNSA) is approaching a new buy point in the wake of a strong quarterly sales report. That makes Kiniksa stock Thursday's pick for IBD 50 Growth Stocks To Watch from Investor's Business Daily.
Kiniksa develops and commercializes medicines for cardiovascular, autoimmune and autoinflammatory diseases. Its only drug, Arcalyst, treats recurrent pericarditis, a condition in which the sac protecting the heart, the pericardium, becomes inflamed. The risk of recurrence increases with each subsequent flare-up of pericarditis, according to the Arcalyst website.
The company expects to replace Arcalyst with a next-generation version, now called KPL-387, in 2028 or 2029.
While Arcalyst requires a weekly under-the-skin shot, KPL-387 is a monthly injection. KPL-387 sales are expected to start slow at $21.7 million in 2028, growing to $173.7 million, $486.3 million and $1.03 billion over the next three years.
During the second quarter, Arcalyst generated $243.6 million in sales, growing 55% year over year. That crushed estimates from FactSet that called for $227.7 million.

#next #biopharmaceutical

MongoDB, Inc. (NASDAQ:MDB) reported fiscal second-quarter revenue of $771.8 million, up 30% year over year. Atlas revenue increased approximately 29% to $565.9 million, while Enterprise Advanced and other revenue rose approximately 36% to $181.2 million.
Remaining performance obligations, or RPO, increased 91% to $1.52 billion. RPO represents the aggregate transaction price in contracts allocated to performance obligations not delivered or partially undelivered. MongoDB, Inc. (NASDAQ:MDB) omits contracts lasting 12 months or less from the disclosure. Current RPO, the portion expected to be recognized within 12 months, increased 73% to $797.3 million.
GAAP operating income reached $28.4 million, compared with a $65.3 million loss a year earlier. MongoDB, Inc. (NASDAQ:MDB) also raised fiscal 2027 revenue guidance to $2.99 billion to $3.03 billion from $2.92 billion to $2.96 billion, with the second-half increase attributed mainly to Atlas.
Growth was broad. Atlas expanded 29%, while Enterprise Advanced and other revenue grew faster at 36%. Total customers increased to more than 70,600 from more than 59,900 a year earlier, and Atlas customers reached more than 69,300.
The margin profile also improved. GAAP gross margin expanded to 74% from 71%, while revenue growth outpaced operating-expense growth enough to produce positive GAAP operating income. This shows MongoDB, Inc. (NASDAQ:MDB) can scale infrastructure, research and sales costs more slowly than revenue.

#million #mongodb #NASDAQ #gaap

An independent energy development company and a long-time manufacturer of wood products have signed an agreement to develop geothermal projects in Washington and Oregon.Hexagon Energy and Weyerhaeuser Co. on September 10 said they have closed a deal covering that could provide an estimated 3 GW of geothermal power generation capacity in the Pacific Northwest. The land is part of Weyerhaeuser's portfolio of holdings. The company is one of the largest private owners of timberland in North America."Geothermal energy represents an emerging opportunity to provide clean and reliable, around-the-clock power, and our ownership presents a unique platform to evaluate that potential in the Pacific Northwest," said Kendall Fountain, vice president of Energy and Natural Resources for Weyerhaeuser. "This agreement supports the continued growth of our Climate Solutions business while aligning with our commitment to responsible land stewardship, sustainability and long-term value creation."
Hexagon Energy under the agreement will develop geothermal projects on Weyerhaeuser's landholdings in the two states. Hexagon said it has leased geothermal rights on about 145,000 acres across Washington and Oregon."We are excited to partner with Weyerhaeuser to develop this significant geothermal resource and bring abundant, clean, baseload energy to the Pacific Northwest." said Matthew Hantzmon, CEO of Hexagon Energy. "Our team is grateful that Weyerhaeuser entrusted us to unlock this valuable ***** et for them."
Read more about Hexagon Energy's work in this feature article in POWER, "Meet the Tools Helping Power Companies Separate Threats from Noise". To learn more about geothermal projects and trends worldwide, check out this geothermal article archive at powermag.com.
The companies on Thursday noted that their collaboration is concurrent with a rise in demand for geothermal energy, as part of an industry-wide push for more baseload, carbon-free power during a period of an increased need for electricity. Demand from artificial intelligence and data centers, among other power users, has driven a rise in projects utilizing both renewable and thermal energy.Hexagon Energy, headquartered in Charlottesville, Virginia, develops utility-scale wind, solar, standalone storage, and geothermal energy project across the U.S. The company has said its work covers the full spectrum of development and finance, including market ***** ysis, environmental diligence, site control, transmission ***** ysis, community engagement, state and local permitting, engineering, and financial modeling. Hexagon has developed and financed more than 3 GW of power generation capacity for U.S. electric utilities, representing more than $4.5 billion in investment. The company's current pipeline includes more than 10 GW of power under active development.Weyerhaeuser Co., based in Seattle, Washington, is among the world's largest private owners of timberlands. The company began operations in 1900 and today o

Cindy Crawford commented on the comparisons she gets to daughter Kaia Gerber in a new interview with Porter magazine
The supermodel admitted that it might "suck" for her 25-year-old to have to "handle" being told she looks like her mom
Kaia revealed in her September 2026 Vogue cover interview that she struggled with "disordered eating" while growing up in the spotlight and having her image compared to that of her mom's
Cindy Crawford and Kaia Gerber are a reflection of each other, but how they feel about their similarities is different.
For years, the supermodel, 60, and her daughter, now 25, have been compared to each other in terms of their bombshell looks, careers and styles, and in a new interview with Porter magazine Crawford said that she loves it, but it might be more difficult for Kaia.

#kaia