11 hours ago
Archaeologists have finally cracked the code to the famed Ann Francis shipwreck’s brass combination treasure lock. However, the 16th century relic didn’t open after hours of painstaking trial-and-error. Researchers at Cardiff University and Amgueddfa Cymru, the National Museum of Wales, relied on highly detailed CT scanning equipment to peer inside the mechanical device and learn the code without touching the lock itself.
“It’s not every day you get to solve a 400-year-old mystery,” David Williams, a Cardiff University biomechanics engineer, said in a statement.
The lock’s combination was lost on December 28, 1583, when the merchant ship Ann Francis sailed into a powerful storm during a return voyage from Spain. The exact crew number is unclear, but all of them (around 14 sailors) reportedly drowned after veering off-course and wrecking along the coast of southern Wales. Unfortunately, at least one other death is likely directly tied to the Ann Francis. Archival evidence suggests locals later accused a “detestable woman” named Mother Gabley of being an “execrable witch” and casting the foul weather responsible for the maritime tragedy. While Mother Gabley’s fate remains unknown, she would have almost certainly been hanged under the recently passed “Act Against Conjurations, Enchantments and Witchcrafts” if brought to trial.
The Ann Francis remained missing for 415 years, until metal detectorist Peter Hughes rediscovered the wreckage while surveying southern Wales’ Margam Beach in 1998. Hughes and archaeologists subsequently spent more than 20 years scouring the area for the ship’s remains. By 2017, preservationists had documented over 800 gold and silver coins from Germany, Spain, and Portugal along with artifacts like compasses, ship equipment, and cutlery.
Still, the wreck’s most famous remnant is the brass combination lock still in working condition after four centuries buried in sand. It’s possible the lock was used to guard those coins, or potentially other valuables that didn’t survive exposure to the elements. Regardless, the lock has remained close with no hints to its four-letter combination for hundreds of years.
#francis #ship #years
“It’s not every day you get to solve a 400-year-old mystery,” David Williams, a Cardiff University biomechanics engineer, said in a statement.
The lock’s combination was lost on December 28, 1583, when the merchant ship Ann Francis sailed into a powerful storm during a return voyage from Spain. The exact crew number is unclear, but all of them (around 14 sailors) reportedly drowned after veering off-course and wrecking along the coast of southern Wales. Unfortunately, at least one other death is likely directly tied to the Ann Francis. Archival evidence suggests locals later accused a “detestable woman” named Mother Gabley of being an “execrable witch” and casting the foul weather responsible for the maritime tragedy. While Mother Gabley’s fate remains unknown, she would have almost certainly been hanged under the recently passed “Act Against Conjurations, Enchantments and Witchcrafts” if brought to trial.
The Ann Francis remained missing for 415 years, until metal detectorist Peter Hughes rediscovered the wreckage while surveying southern Wales’ Margam Beach in 1998. Hughes and archaeologists subsequently spent more than 20 years scouring the area for the ship’s remains. By 2017, preservationists had documented over 800 gold and silver coins from Germany, Spain, and Portugal along with artifacts like compasses, ship equipment, and cutlery.
Still, the wreck’s most famous remnant is the brass combination lock still in working condition after four centuries buried in sand. It’s possible the lock was used to guard those coins, or potentially other valuables that didn’t survive exposure to the elements. Regardless, the lock has remained close with no hints to its four-letter combination for hundreds of years.
#francis #ship #years
1 day ago
Marvell Technology (NASDAQ: MRVL) has been a big winner this year, with the stock up more than 130% in 2026, as of the end of October. However, an announced deal to acquire Lumentum (NASDAQ: LITE) could be a game changer for what has already been a good story.
This deal is all about optical networking, as it will combine Marvell's leadership in optical interconnects with Lumentum's strength in lasers. Marvell called the deal a "once-in-a-generation opportunity to define and lead AI connectivity in the era of integrated optics," as it will provide the company with end-to-end design capabilities that will allow it to accelerate its time to market and solve the increasing complexity of scale-up and scale-out networks.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see what this could all mean for investors.
The two companies' optics technologies are very complementary. In an optical network, Marvell provides electronic components such as DSPs (digital signal processors) that prepare data to be converted into optical signals; transimpedance amplifiers (TIAs) that convert light signals back into electrical signals; and silicon photonics (SiPho) engines that combine hundreds of components to improve the performance and energy efficiency of optical interconnects.
#interconnects
This deal is all about optical networking, as it will combine Marvell's leadership in optical interconnects with Lumentum's strength in lasers. Marvell called the deal a "once-in-a-generation opportunity to define and lead AI connectivity in the era of integrated optics," as it will provide the company with end-to-end design capabilities that will allow it to accelerate its time to market and solve the increasing complexity of scale-up and scale-out networks.
Missed AI's "Act 1"? Act 2 Could Be 16x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see what this could all mean for investors.
The two companies' optics technologies are very complementary. In an optical network, Marvell provides electronic components such as DSPs (digital signal processors) that prepare data to be converted into optical signals; transimpedance amplifiers (TIAs) that convert light signals back into electrical signals; and silicon photonics (SiPho) engines that combine hundreds of components to improve the performance and energy efficiency of optical interconnects.
#interconnects
1 day ago
LONDON (AP) — Mysterious cyberattacks on European supermarket fridges have sent officials around the continent scrambling to figure out the cold, hard facts.
Supermarkets in a number of European countries reported this week that their fridges and freezers warmed up after they were remotely taken over, resulting in tons of spoiled food at a total cost of millions of dollars (euros).
One Swedish supermarket said its fridges and freezers had been hacked and set to 50 degrees Celsius (122 degrees Fahrenheit).
It's a repeat of an earlier incident that struck refrigeration systems in hundreds of supermarkets and independent stores across France, Belgium and the Netherlands.
Here's a closer look:
#european #supermarket #degrees #london
Supermarkets in a number of European countries reported this week that their fridges and freezers warmed up after they were remotely taken over, resulting in tons of spoiled food at a total cost of millions of dollars (euros).
One Swedish supermarket said its fridges and freezers had been hacked and set to 50 degrees Celsius (122 degrees Fahrenheit).
It's a repeat of an earlier incident that struck refrigeration systems in hundreds of supermarkets and independent stores across France, Belgium and the Netherlands.
Here's a closer look:
#european #supermarket #degrees #london
1 day ago
Tech billionaire Elon Musk joked on Wednesday about Republicans' defeat in US midterm elections after spending hundreds of millions of dollars to help the party.
Democrats seized control of the US Congress on Tuesday, capturing both the Senate and House of Representatives in a stunning rejection of President Donald Trump's political agenda.
"Guess my election-interfering **** e lasers didn't work this time," Musk said on X, including the shrug emoji.
Musk contributed nearly half a billion dollars to Republican political efforts, making him the largest individual contributor in a federal election cycle since unlimited election spending was allowed in 2010, according to campaign finance tracker OpenSecrets.
His donations have mostly gone to his Republican-leaning America PAC, as well as to the Republican Senate Leadership Fund (SLF) super PAC.
#republican #senate #spending #dollars
Democrats seized control of the US Congress on Tuesday, capturing both the Senate and House of Representatives in a stunning rejection of President Donald Trump's political agenda.
"Guess my election-interfering **** e lasers didn't work this time," Musk said on X, including the shrug emoji.
Musk contributed nearly half a billion dollars to Republican political efforts, making him the largest individual contributor in a federal election cycle since unlimited election spending was allowed in 2010, according to campaign finance tracker OpenSecrets.
His donations have mostly gone to his Republican-leaning America PAC, as well as to the Republican Senate Leadership Fund (SLF) super PAC.
#republican #senate #spending #dollars
1 day ago
Across the country, homeowners are renovating rather than moving.
Those who locked in mortgage rates a few years back have done the math: selling means financing at today's rates, and that can add hundreds of dollars a month to housing costs. Most have decided it is not worth it.
The house they are in is the one they intend to keep.
Home Depot (HD) CFO Richard McPhail put a name to it on the company's most recent earnings call. Housing turnover has "never been lower as a percentage of the housing stock," McPhail said. He called it "frozen housing market conditions."
The 30-year fixed rate stood at 7.24% the week of Oct. 29, per Freddie Mac. For anyone sitting on a 3% mortgage from 2020, that number explains the freeze entirely.
#rates #richard #freddie
Those who locked in mortgage rates a few years back have done the math: selling means financing at today's rates, and that can add hundreds of dollars a month to housing costs. Most have decided it is not worth it.
The house they are in is the one they intend to keep.
Home Depot (HD) CFO Richard McPhail put a name to it on the company's most recent earnings call. Housing turnover has "never been lower as a percentage of the housing stock," McPhail said. He called it "frozen housing market conditions."
The 30-year fixed rate stood at 7.24% the week of Oct. 29, per Freddie Mac. For anyone sitting on a 3% mortgage from 2020, that number explains the freeze entirely.
#rates #richard #freddie
7 days ago
SAN FRANCISCO — Hundreds of Golden State Valkyries fans packed Rikki's Women's Sports Bar in southwest San Francisco on Thursday morning.
They came for a party.
Over 2,000 miles away, their Valkyries tipped off against the Atlanta Dream in a potential championship-clinching Game 6 at 12:30 p.m. local time — or 9:30 a.m. in the Bay Area.
With a trophy on the line for the 2-year-old franchise, fans arrived as early as 7 a.m. Staff reported 30 minutes later, and the bar opened at 8:30 a.m. Some asked bosses to move shifts, requested PTO, or called in sick. One fan declined an on-camera interview, admitting they didn't want their manager to find out why they skipped work.
There was community, cheers, chants … and breakfast. Purple and black Valkyries shirts, jerseys, and hoodies filled the room. An oddly purple-colored white rum drink made the rounds, while cheers ricocheted off the purple-painted walls of the mid-sized bar that calls itself "Mini Ballhalla."
#valkyries #fans #sports
They came for a party.
Over 2,000 miles away, their Valkyries tipped off against the Atlanta Dream in a potential championship-clinching Game 6 at 12:30 p.m. local time — or 9:30 a.m. in the Bay Area.
With a trophy on the line for the 2-year-old franchise, fans arrived as early as 7 a.m. Staff reported 30 minutes later, and the bar opened at 8:30 a.m. Some asked bosses to move shifts, requested PTO, or called in sick. One fan declined an on-camera interview, admitting they didn't want their manager to find out why they skipped work.
There was community, cheers, chants … and breakfast. Purple and black Valkyries shirts, jerseys, and hoodies filled the room. An oddly purple-colored white rum drink made the rounds, while cheers ricocheted off the purple-painted walls of the mid-sized bar that calls itself "Mini Ballhalla."
#valkyries #fans #sports
7 days ago
Milwaukee Brewers relief pitcher Trevor Megill poked his head out of the ceiling of his bus and screamed at the hundreds of people in front of him.
If Megill did that last time the Brewers landed at Milwaukee Mitchell International Airport, one day after the Brewers swept the Dodgers in the National League Championship Series, it would have been a waste of energy. Only two fans even tried to greet them.
Not on Oct. 29.
Two weeks later, less than 24 hours after the Brewers won the World Series over the Tampa Bay Rays, a swarm of fans lined up outside the airport's private terminal to coronate their champions' return.
And Megill cheered right back.
#megill #milwaukee #series #international
If Megill did that last time the Brewers landed at Milwaukee Mitchell International Airport, one day after the Brewers swept the Dodgers in the National League Championship Series, it would have been a waste of energy. Only two fans even tried to greet them.
Not on Oct. 29.
Two weeks later, less than 24 hours after the Brewers won the World Series over the Tampa Bay Rays, a swarm of fans lined up outside the airport's private terminal to coronate their champions' return.
And Megill cheered right back.
#megill #milwaukee #series #international
7 days ago
Milwaukee Brewers relief pitcher Trevor Megill poked his head out of the ceiling of his bus and screamed at the hundreds of people in front of him.
If Megill did that last time the Brewers landed at Milwaukee Mitchell International Airport, one day after the Brewers swept the Dodgers in the National League Championship Series, it would have been a waste of energy. Only two fans even tried to greet them.
Not on Oct. 29.
Two weeks later, less than 24 hours after the Brewers won the World Series over the Tampa Bay Rays, a swarm of fans lined up outside the airport's private terminal to coronate their champions' return.
And Megill cheered right back.
#Dodgers
If Megill did that last time the Brewers landed at Milwaukee Mitchell International Airport, one day after the Brewers swept the Dodgers in the National League Championship Series, it would have been a waste of energy. Only two fans even tried to greet them.
Not on Oct. 29.
Two weeks later, less than 24 hours after the Brewers won the World Series over the Tampa Bay Rays, a swarm of fans lined up outside the airport's private terminal to coronate their champions' return.
And Megill cheered right back.
#Dodgers
10 days ago
Eric Bauza, the voice actor behind the modern-day Bugs Bunny and Daffy Duck, among other iconic animated characters, has died at age 46, according to his family and official health records.
The Emmy Award-winner passed away Sunday from hypertensive cardiovascular disease, according to records from the Los Angeles County Medical Examiner.
Bauza's family said in a statement on his social media pages that he died "suddenly."
During his career, Bauza tallied hundreds of voice acting credits with multiple studios, including Disney, DreamWorks and Cartoon Network.
Eric Bauza attends the 2024 Entertainment Community Fund Gala at Marriott Marquis Theater in New York City, on April 8, 2024. - Marleen Moise/WireImage/Getty Images
#bauza #eric #voice #died
The Emmy Award-winner passed away Sunday from hypertensive cardiovascular disease, according to records from the Los Angeles County Medical Examiner.
Bauza's family said in a statement on his social media pages that he died "suddenly."
During his career, Bauza tallied hundreds of voice acting credits with multiple studios, including Disney, DreamWorks and Cartoon Network.
Eric Bauza attends the 2024 Entertainment Community Fund Gala at Marriott Marquis Theater in New York City, on April 8, 2024. - Marleen Moise/WireImage/Getty Images
#bauza #eric #voice #died
10 days ago
A royal expert claims that King Charles may distance himself from Prince Harry and Meghan Markle. This could happen as some serious allegations against Markle's father have surfaced. The source reportedly that, as the allegations have attracted unwanted attention to the Royal Family, it might lead to the monarch making a serious decision.
WARNING: The article contains mention of child ******* .
In a conversation with Page Six, Kinsey Schofield revealed what could prompt King Charles to step away from the Sussexes' relationship. "This may give King Charles III the ammunition to take a firmer stance in distancing the monarchy from Harry and Meghan," she said, referring to the allegations against Thomas Markle Sr. that he reportedly possessed child ******* .
She claimed that she doesn't expect King Charles or the Royal Family to address the ongoing situation surrounding Markle's father. This is because she is aware that this matter is in relation to private individuals and not ******* ociated with the Royal Family. Therefore, they do not need to defend or explain themselves. "The Sussexes are private citizens, and perhaps it's time the Palace made that separation unmistakably clear," the royal expert added.
These remarks came amid reports that Markle's half-brother, Thomas Jr., told the police that he found "hundreds, if not thousands" of child ******* images from his father's home in the Philippines. After submitting the sworn statement, Thomas Jr. spoke to the police about the disturbing situation (via The Sun).
#royal #harry
WARNING: The article contains mention of child ******* .
In a conversation with Page Six, Kinsey Schofield revealed what could prompt King Charles to step away from the Sussexes' relationship. "This may give King Charles III the ammunition to take a firmer stance in distancing the monarchy from Harry and Meghan," she said, referring to the allegations against Thomas Markle Sr. that he reportedly possessed child ******* .
She claimed that she doesn't expect King Charles or the Royal Family to address the ongoing situation surrounding Markle's father. This is because she is aware that this matter is in relation to private individuals and not ******* ociated with the Royal Family. Therefore, they do not need to defend or explain themselves. "The Sussexes are private citizens, and perhaps it's time the Palace made that separation unmistakably clear," the royal expert added.
These remarks came amid reports that Markle's half-brother, Thomas Jr., told the police that he found "hundreds, if not thousands" of child ******* images from his father's home in the Philippines. After submitting the sworn statement, Thomas Jr. spoke to the police about the disturbing situation (via The Sun).
#royal #harry
10 days ago
Data centers have emerged as a national issue during this midterm election cycle, and candidates for the House and Senate have seized on it in their campaigns.
But state and local officials actually have more sway over data center construction and energy infrastructure, so the winners of lower-profile races may hold the economy's future in their hands.
Hyperscalers have been spending hundreds of billions of dollars a year, with forecasts for 2027 topping $1 trillion. JPMorgan has estimated AI-related investment was responsible for about one-fifth of GDP growth over the past year. ******* ysts at ING believe AI will account for a third of growth in 2026.
With Election Day just over a week away and early voting already in full swing in many states, expectations for big Democratic gains could weigh on the stock market, which has sold off in recent days on fears the AI boom will go bust.
If there is a further stock slump, it will be because a "blue wave" at the state and local levels will usher in lawmakers opposed to data centers, Thierry Wizman, global FX and rates strategist at Macquarie, said in a note on Monday.
#local #House
But state and local officials actually have more sway over data center construction and energy infrastructure, so the winners of lower-profile races may hold the economy's future in their hands.
Hyperscalers have been spending hundreds of billions of dollars a year, with forecasts for 2027 topping $1 trillion. JPMorgan has estimated AI-related investment was responsible for about one-fifth of GDP growth over the past year. ******* ysts at ING believe AI will account for a third of growth in 2026.
With Election Day just over a week away and early voting already in full swing in many states, expectations for big Democratic gains could weigh on the stock market, which has sold off in recent days on fears the AI boom will go bust.
If there is a further stock slump, it will be because a "blue wave" at the state and local levels will usher in lawmakers opposed to data centers, Thierry Wizman, global FX and rates strategist at Macquarie, said in a note on Monday.
#local #House
18 days ago
HUDSON – Dozens of black jerseys file through the home stands at Thompson Field on a cold, rainy October night. Hundreds of cleats clatter against the metal bleachers below, adding to the pounding drums of AC/DC's "Thunderstruck."
As players breach the open gate leading to the field, they extend their arms to reach a banner hanging overhead. A brisk wind ripples the vinyl above, but one word printed in block letters remains legible — "TRADITION"
One of Hudson's oldest traditions is about to take place. Everyone in the stadium knows what happens next. Rudy Ramos, age 77, raises his flag into the air, ready to lead the Tigers into battle, as he's done for more than 30 years.
It started with a simple request.
In 1989, Ramos accepted a job with an insurance company that relocated him from his hometown of Marshall, Michigan to nearby Hudson. He knew about the small city on the outskirts of Lenawee County; after all, almost every sports fan in the state who was alive during the 1970s did.
#ramos #field #october #thunderstruck
As players breach the open gate leading to the field, they extend their arms to reach a banner hanging overhead. A brisk wind ripples the vinyl above, but one word printed in block letters remains legible — "TRADITION"
One of Hudson's oldest traditions is about to take place. Everyone in the stadium knows what happens next. Rudy Ramos, age 77, raises his flag into the air, ready to lead the Tigers into battle, as he's done for more than 30 years.
It started with a simple request.
In 1989, Ramos accepted a job with an insurance company that relocated him from his hometown of Marshall, Michigan to nearby Hudson. He knew about the small city on the outskirts of Lenawee County; after all, almost every sports fan in the state who was alive during the 1970s did.
#ramos #field #october #thunderstruck
29 days ago
National Republicans have spent months trying to rescue Ken Paxton. He's complicating that effort.
Tensions are brewing with some Republicans after POLITICO published Paxton's closed-door comments that "D.C." Republicans were largely controlling his race.
"He is welcome to raise his own money and say whatever he wants," said one Republican involved in the Paxton rescue effort, who like others in this article was granted anonymity to speak candidly. "In fact, if he did that, he'd probably be winning right now and we wouldn't need to spend all this money."
"This just seems like Paxton preparing to blame others for what might be one of the most embarrassing defeats in modern political history," said Carlos Curbelo, a former Florida GOP representative.
Senate Republicans and top operatives didn't want to be in this position in the first place. Many had warned that the Trump effort to unseat Sen. John Cornyn and back Paxton in the primary would cost Republicans hundreds of millions to drag Paxton across the finish line in the general election. Cornyn and Senate GOP groups spent millions of dollars on ads during the primary attacking Paxton over his series of scandals and warning he was a flawed candidate.
#republicans #spent #rescue
Tensions are brewing with some Republicans after POLITICO published Paxton's closed-door comments that "D.C." Republicans were largely controlling his race.
"He is welcome to raise his own money and say whatever he wants," said one Republican involved in the Paxton rescue effort, who like others in this article was granted anonymity to speak candidly. "In fact, if he did that, he'd probably be winning right now and we wouldn't need to spend all this money."
"This just seems like Paxton preparing to blame others for what might be one of the most embarrassing defeats in modern political history," said Carlos Curbelo, a former Florida GOP representative.
Senate Republicans and top operatives didn't want to be in this position in the first place. Many had warned that the Trump effort to unseat Sen. John Cornyn and back Paxton in the primary would cost Republicans hundreds of millions to drag Paxton across the finish line in the general election. Cornyn and Senate GOP groups spent millions of dollars on ads during the primary attacking Paxton over his series of scandals and warning he was a flawed candidate.
#republicans #spent #rescue
29 days ago
Martha Stewart presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands
Stewart got her start in business on the trading floor, following in the footsteps of her father
Though she tells PEOPLE she's received lots of advice — both "wanted and unwanted" — over the course of her career, one piece has stuck with her
Martha Stewart is many things — but above all else, she is a businesswoman.
The hospitality savant, 85, presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands and rakes in hundreds of millions of dollars in annual revenue. But before her ascent, Stewart was once a stockbroker, following in her father's footsteps on the trading floor.
#martha #omnimedia #empire
Stewart got her start in business on the trading floor, following in the footsteps of her father
Though she tells PEOPLE she's received lots of advice — both "wanted and unwanted" — over the course of her career, one piece has stuck with her
Martha Stewart is many things — but above all else, she is a businesswoman.
The hospitality savant, 85, presides over a massive business empire, Martha Stewart Living Omnimedia, which includes dozens of media and merchandising brands and rakes in hundreds of millions of dollars in annual revenue. But before her ascent, Stewart was once a stockbroker, following in her father's footsteps on the trading floor.
#martha #omnimedia #empire
29 days ago
Tanya Young Williams filed for divorce from former NBA player Jayson Williams in New York on Monday, Oct. 5, according to court records obtained by TMZ.
She is also accusing her estranged husband of owing "hundreds of thousands of dollars" in child support. Tanya made that claim in comments to the outlet, which did not publish an exact balance or a current response from Williams.
The filing comes 17 years after Tanya first sought a divorce in February 2009. That proceeding never produced a finalized divorce, TMZ reported.
Tanya, who appeared on Basketball Wives LA, married Williams in 2000. They have two daughters, Tryumph and Whizdom.
Tanya told TMZ that Williams provided no financial support for their daughters while he was incarcerated from 2010 to 2012. She said payments began after the couple reached a settlement in 2015 and stopped about two years later.
#divorce
She is also accusing her estranged husband of owing "hundreds of thousands of dollars" in child support. Tanya made that claim in comments to the outlet, which did not publish an exact balance or a current response from Williams.
The filing comes 17 years after Tanya first sought a divorce in February 2009. That proceeding never produced a finalized divorce, TMZ reported.
Tanya, who appeared on Basketball Wives LA, married Williams in 2000. They have two daughters, Tryumph and Whizdom.
Tanya told TMZ that Williams provided no financial support for their daughters while he was incarcerated from 2010 to 2012. She said payments began after the couple reached a settlement in 2015 and stopped about two years later.
#divorce
1 month ago
Republicans are swamping House and Senate races with an unprecedented flood of late ad spending as the party tests whether hundreds of millions of dollars can buy it some reprieve from the eroding political environment that’s threatening longtime Republican states and districts.
Since the start of September, Republicans have made more than $700 million worth of new advertising bookings in congressional races alone, according to an NBC News ******* ysis of data from AdImpact, a political ad-tracking firm. That’s new money on top of what had already been committed to those races in ad reservations made over the summer.
By comparison, Democrats booked more than $430 million in new ad reservations across those races last month.
The disparity is greatest in the battle for the Senate majority, where almost 7 of every 10 newly booked advertising dollars are coming from Republicans. That’s led by a massive, late investment in the Senate race in Texas, where Democrat James Talarico is threatening a longtime Republican seat and the GOP has poured in almost $150 million in new ad dollars to back up its nominee, Ken Paxton.
The gap is smaller in the House, where a bit less than 6 in 10 of those new ad dollars are coming from the GOP.
#senate #dollars #House #republican
Since the start of September, Republicans have made more than $700 million worth of new advertising bookings in congressional races alone, according to an NBC News ******* ysis of data from AdImpact, a political ad-tracking firm. That’s new money on top of what had already been committed to those races in ad reservations made over the summer.
By comparison, Democrats booked more than $430 million in new ad reservations across those races last month.
The disparity is greatest in the battle for the Senate majority, where almost 7 of every 10 newly booked advertising dollars are coming from Republicans. That’s led by a massive, late investment in the Senate race in Texas, where Democrat James Talarico is threatening a longtime Republican seat and the GOP has poured in almost $150 million in new ad dollars to back up its nominee, Ken Paxton.
The gap is smaller in the House, where a bit less than 6 in 10 of those new ad dollars are coming from the GOP.
#senate #dollars #House #republican
1 month ago
Tens of thousands of demonstrators took to the streets across France on Tuesday, as unions and teachers joined high school students who for days have been demanding better learning conditions in protests punctuated by violent confrontations.
Students have blocked the entrances to hundreds of high schools for 15- to 17-year-olds since late September, complaining of missing teachers, overloaded timetables, dilapidated classrooms and buildings that cannot cope with rising temperatures.
Unions, rights groups and the children have accused the authorities of using disproportionate force -- a police stun grenade tore the hand off one teenager on Monday and another youngster had his teeth knocked out last week after police fired a grenade launcher at his head.
"I'm afraid for my future," Selma, 15, told AFP without giving her surname, among the thousands marching in the country's second largest city of Marseille.
The unrest has erupted with just months to go before the 2027 election to choose a successor to centrist President Emmanuel Macron, with far-right veteran candidate Marine Le Pen riding high in the polls despite a graft conviction.
#students #teachers #tens
Students have blocked the entrances to hundreds of high schools for 15- to 17-year-olds since late September, complaining of missing teachers, overloaded timetables, dilapidated classrooms and buildings that cannot cope with rising temperatures.
Unions, rights groups and the children have accused the authorities of using disproportionate force -- a police stun grenade tore the hand off one teenager on Monday and another youngster had his teeth knocked out last week after police fired a grenade launcher at his head.
"I'm afraid for my future," Selma, 15, told AFP without giving her surname, among the thousands marching in the country's second largest city of Marseille.
The unrest has erupted with just months to go before the 2027 election to choose a successor to centrist President Emmanuel Macron, with far-right veteran candidate Marine Le Pen riding high in the polls despite a graft conviction.
#students #teachers #tens
1 month ago
BURBANK, CALIFORNIA − Dhar Mann doesn't consider other digital content creators his competition.
The filmmaker behind Dhar Mann Studios, whose inspirational videos reach hundreds of millions of viewers each week, has his sights set on something bigger: Hollywood.
"I actually see other major studios as the competition," Mann tells USA TODAY during a tour of his Burbank, California, studios. "I don't really see a difference between any of the big studios and what they've built and the trajectory that we're on."
It's an ambitious outlook for a company that started nearly eight years ago in Mann's downtown LA apartment, where he filmed videos on iPhones.
Today, Dhar Mann Studios has more than 170 million followers across social media and a team of about 250 people. The content, drawing nearly 300 million views a week, has expanded beyond social platforms through partnerships with Samsung, Fox and Disney, including a recently announced 20-episode order from Disney.
#mann
The filmmaker behind Dhar Mann Studios, whose inspirational videos reach hundreds of millions of viewers each week, has his sights set on something bigger: Hollywood.
"I actually see other major studios as the competition," Mann tells USA TODAY during a tour of his Burbank, California, studios. "I don't really see a difference between any of the big studios and what they've built and the trajectory that we're on."
It's an ambitious outlook for a company that started nearly eight years ago in Mann's downtown LA apartment, where he filmed videos on iPhones.
Today, Dhar Mann Studios has more than 170 million followers across social media and a team of about 250 people. The content, drawing nearly 300 million views a week, has expanded beyond social platforms through partnerships with Samsung, Fox and Disney, including a recently announced 20-episode order from Disney.
#mann
1 month ago
Nate Bargatze had barely four hours of sleep when he took the stage at the Ford Accelerate conference at Michigan Central Station in Detroit.
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
It was about 9 a.m. on Sept. 30 and the comedian was there to co-host the second-year of the event with Ford Motor Co. CEO Jim Farley. Bargatze is the new face in a Ford ad campaign touting the advantages that Ford vehicle owners get by using Ford's dealership service lanes rather than third-party service centers. Ford Accelerate is a gathering of hundreds of business and community leaders who discuss ways to get more people interested in skilled trades jobs, such as auto service technicians.
"I don't even know what time it is," Bargatze told the Detroit Free Press a couple of hours after he welcomed the crowd. His handler remarked that it wasn't yet noon. "It's not noon?! It could be four, five ... I don't know. We got in late last night because I had a show in Mississippi and then ... it was four hours sleep. But I feel great. It's been fun."
The ride for Bargatze, 47, has indeed been fun — and a lot of hard work.
He rose from humble roots in Old Hickory, Tennessee, a factory town about 15 miles northeast of Nashville known for its DuPont plant. He is the son of a professional magician and Bargatze worked as an appliance mover, a pizza delivery driver, a parking valet at Nashville International Airport and a water-meter reader before a buddy pushed him to try his dream of stand-up comedy.
#service
1 month ago
Brooke Eby, the TikTok star known for sharing her journey with ALS (or Lou Gehrig's disease), has passed away at the age of 37. Eby was diagnosed with the illness in March 2022, though her symptoms started four years prior, and she began posting videos on TikTok just months after. She soon gained hundreds of thousands of fans on TikTok and Instagram.
The ALS Network shared the news of Eby's death on October 1st, with a statement remembering her for the ways she built community and helped create connections through her videos and other work.
Per reporting by People, Sheri Strahl, President and CEO of ALS Network, said of Eby: "Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another[…] Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another."
Brooke did that by approaching ALS in a comedic and light-hearted way in her videos. She reportedly began posting on TikTok to help make the process of telling others about the diagnosis easier. As she explained in an essay written for People, "Everyone was a lot more comfortable with my situation when I was laughing, and that came back around to make me feel more comfortable too."
Her content wasn't only meant for a laugh, though. Eby also made educational videos to raise awareness about her disease (much like Michiel Vandeweert did), its progression, and how everyone with it is affected in different ways. She also wanted people to know that this disease didn't discriminate by gender, age, or any other demographic, and it could affect anyone.
#brooke #videos #though
The ALS Network shared the news of Eby's death on October 1st, with a statement remembering her for the ways she built community and helped create connections through her videos and other work.
Per reporting by People, Sheri Strahl, President and CEO of ALS Network, said of Eby: "Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another[…] Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another."
Brooke did that by approaching ALS in a comedic and light-hearted way in her videos. She reportedly began posting on TikTok to help make the process of telling others about the diagnosis easier. As she explained in an essay written for People, "Everyone was a lot more comfortable with my situation when I was laughing, and that came back around to make me feel more comfortable too."
Her content wasn't only meant for a laugh, though. Eby also made educational videos to raise awareness about her disease (much like Michiel Vandeweert did), its progression, and how everyone with it is affected in different ways. She also wanted people to know that this disease didn't discriminate by gender, age, or any other demographic, and it could affect anyone.
#brooke #videos #though
1 month ago
MASSILLON − Fans of actor Jim Belushi exploded into applause when he arrived inside the Bloom Cannabis dispensary.
Admirers chanted his name as he climbed atop a table triumphantly: "Jim! Jim! Jim!" He was welcomed like a conquering hero of cannabis.
While the 72-year-old is known as a funnyman on screen, he's also in the cannabis business as the owner and operator of Belushi's Farm in Oregon.
Belushi was a special guest Oct. 1 of Bloom Cannabis, which also has locations in Akron, Athens, Columbus, Painesville, Seven Mile and Maryland. Founded in 2015 along the Rogue River in Southern Oregon, Belushi's Farm produces cannabis products in Ohio by Wondergrove.
Hundreds showed up at the Massillon dispensary and retail outlet, with a line stretching along the sidewalk in the shopping plaza on Federal Avenue NW.
#massillon #farm #dispensary #along
Admirers chanted his name as he climbed atop a table triumphantly: "Jim! Jim! Jim!" He was welcomed like a conquering hero of cannabis.
While the 72-year-old is known as a funnyman on screen, he's also in the cannabis business as the owner and operator of Belushi's Farm in Oregon.
Belushi was a special guest Oct. 1 of Bloom Cannabis, which also has locations in Akron, Athens, Columbus, Painesville, Seven Mile and Maryland. Founded in 2015 along the Rogue River in Southern Oregon, Belushi's Farm produces cannabis products in Ohio by Wondergrove.
Hundreds showed up at the Massillon dispensary and retail outlet, with a line stretching along the sidewalk in the shopping plaza on Federal Avenue NW.
#massillon #farm #dispensary #along
1 month ago
A social media baking influencer has gone viral for breaking her granite countertop with chocolate in a comical fail moment.
The woman, known on Instagram and TikTok as Lily P Crumbs, did this by banging an 11-pound chocolate bar against her stone countertop, resulting in a hilarious viral video.
Alex George is a cooking and baking influencer, known on social media as Lily P Crumbs. Her content mostly focuses on recipes for sweet treats, such as cookies, cakes, brownies and such, and her videos have gone viral a few times before this incident.
However, George's most recent viral moment came from something that was not a recipe at all. On July 22nd, she posted a video of herself breaking her granite countertop with an 11-pound chocolate bar.
In over two months, the video racked up 10.3 million views on Instagram, 6.7 million views on TikTok, and hundreds of thousands of likes and thousands of comments on both platforms.
#viral #Media
The woman, known on Instagram and TikTok as Lily P Crumbs, did this by banging an 11-pound chocolate bar against her stone countertop, resulting in a hilarious viral video.
Alex George is a cooking and baking influencer, known on social media as Lily P Crumbs. Her content mostly focuses on recipes for sweet treats, such as cookies, cakes, brownies and such, and her videos have gone viral a few times before this incident.
However, George's most recent viral moment came from something that was not a recipe at all. On July 22nd, she posted a video of herself breaking her granite countertop with an 11-pound chocolate bar.
In over two months, the video racked up 10.3 million views on Instagram, 6.7 million views on TikTok, and hundreds of thousands of likes and thousands of comments on both platforms.
#viral #Media
2 months ago
NextEra Energy, Inc. (NYSE:NEE) announced on September 8 that it had secured a loan of up to $1.9 billion from the U.S. Department of Energy to support the restart of a shuttered nuclear power plant in Iowa. The Duane Arnold Energy Center ceased operations in 2020 after 45 years of service. The plant is now expected to resume operations in early 2029, pending regulatory approvals.
The federal funding is intended to help restore the facility and add reliable generation capacity as the US electricity demand soars to record levels amid the AI boom. To help meet the growing demand, President Trump is making efforts to accelerate the expansion of nuclear energy. He has signed an executive order to get 10 large conventional reactors under construction by 2030 and has also called for federal funding to support the restart of shuttered nuclear plants.
John Ketchum, Chairman, President, and CEO of NextEra Energy, commented:
"Restarting Duane Arnold is about delivering new power to meet new demand while generating billions of dollars in economic value for Iowans. Just as importantly, it shows how America can support rapid economic growth and rising electricity demand while helping keep power affordable for existing customers. By bringing new generation online to serve new demand, we can strengthen the grid, create hundreds of good-paying jobs and help ensure Iowa families and businesses are not asked to bear the costs of growth. We appreciate the Administration's leadership in advancing America's nuclear renaissance and share its commitment to an all-of-the-above energy strategy that expands supply, strengthens energy security and keeps America competitive."
Photo by Frédéric Paulussen on Unsplash
#duane #arnold
The federal funding is intended to help restore the facility and add reliable generation capacity as the US electricity demand soars to record levels amid the AI boom. To help meet the growing demand, President Trump is making efforts to accelerate the expansion of nuclear energy. He has signed an executive order to get 10 large conventional reactors under construction by 2030 and has also called for federal funding to support the restart of shuttered nuclear plants.
John Ketchum, Chairman, President, and CEO of NextEra Energy, commented:
"Restarting Duane Arnold is about delivering new power to meet new demand while generating billions of dollars in economic value for Iowans. Just as importantly, it shows how America can support rapid economic growth and rising electricity demand while helping keep power affordable for existing customers. By bringing new generation online to serve new demand, we can strengthen the grid, create hundreds of good-paying jobs and help ensure Iowa families and businesses are not asked to bear the costs of growth. We appreciate the Administration's leadership in advancing America's nuclear renaissance and share its commitment to an all-of-the-above energy strategy that expands supply, strengthens energy security and keeps America competitive."
Photo by Frédéric Paulussen on Unsplash
#duane #arnold
2 months ago
Ukrainian forces fired more than 1,000 drones at Russia overnight, including hundreds that were launched toward Moscow, officials said Sunday as the Kremlin was wrapping up the third and last day of its parliamentary elections.
Moscow's mayor described the wave of drones as the "largest ever" attack on the Russian capital and said there had been damage to a Moscow oil refinery and a residential building.
Across the wider Moscow region, the attack killed two people and wounded 20, local Gov. Andrei Vorobyov said. The dead were a 74-year-old man and a 44-year-old woman, he said.
Writing on social media, Ukrainian President Volodymyr Zelenskyy said that Kyiv had used a range of missiles and drones in the attack — including Ukraine's domestically made Flamingo and Pelican missiles — to hit oil and logistics facilities.
"These are billions of dollars that sustain the war machine," Zelenskyy said, referring to the financial pressure that Kyiv hopes to put on Russia's economy.
#Russia
Moscow's mayor described the wave of drones as the "largest ever" attack on the Russian capital and said there had been damage to a Moscow oil refinery and a residential building.
Across the wider Moscow region, the attack killed two people and wounded 20, local Gov. Andrei Vorobyov said. The dead were a 74-year-old man and a 44-year-old woman, he said.
Writing on social media, Ukrainian President Volodymyr Zelenskyy said that Kyiv had used a range of missiles and drones in the attack — including Ukraine's domestically made Flamingo and Pelican missiles — to hit oil and logistics facilities.
"These are billions of dollars that sustain the war machine," Zelenskyy said, referring to the financial pressure that Kyiv hopes to put on Russia's economy.
#Russia
2 months ago
FleetCor and CEO Ronald Clarke agreed to a $100 million payment resolving Federal Trade Commission litigation. The settlement follows years of court action over hidden charges involving commercial fuel cards. Harm reached tens of thousands among small-business customers seeking lower operating costs. Regulators say promised savings disappeared beneath undisclosed billing practices.
Federal regulators accused FleetCor, which now operates as Corpay, of imposing unauthorized fees totaling hundreds of millions. Investigators found improper late penalties despite timely remittance or company barriers that prevented payment. Officials cited misleading claims about gas savings, fraud controls, plus card-related expenses. Those practices harmed operators across the United States, according to a 2019 complaint.
Regulators found FleetCor often waited several billing cycles before adding many charges. Delayed timing made extra costs harder for customers to notice. Invoices omitted fee disclosures, pushing account holders toward separate management reports. Even those documents obscured some amounts among unrelated details or excluded them entirely.
"FleetCor deceived its small business customers by promising fuel savings that never materialized," Christopher Mufarrige said. He directs FTC's Bureau of Consumer Protection. Agency officials also criticized hidden and unauthorized charges. Settlement terms channel restitution toward harmed account holders.
In 2023, one federal district court granted summary judgment to the FTC on every count. Its ruling found hidden charges and false representations involving savings, fees, plus fraud-control features. Permanent injunction terms barred FleetCor from billing without informed consent alongside clear disclosures. That order also prohibited deceptive fuel-card claims or hiding material information behind hyperlinks.
#fleetcor #savings
Federal regulators accused FleetCor, which now operates as Corpay, of imposing unauthorized fees totaling hundreds of millions. Investigators found improper late penalties despite timely remittance or company barriers that prevented payment. Officials cited misleading claims about gas savings, fraud controls, plus card-related expenses. Those practices harmed operators across the United States, according to a 2019 complaint.
Regulators found FleetCor often waited several billing cycles before adding many charges. Delayed timing made extra costs harder for customers to notice. Invoices omitted fee disclosures, pushing account holders toward separate management reports. Even those documents obscured some amounts among unrelated details or excluded them entirely.
"FleetCor deceived its small business customers by promising fuel savings that never materialized," Christopher Mufarrige said. He directs FTC's Bureau of Consumer Protection. Agency officials also criticized hidden and unauthorized charges. Settlement terms channel restitution toward harmed account holders.
In 2023, one federal district court granted summary judgment to the FTC on every count. Its ruling found hidden charges and false representations involving savings, fees, plus fraud-control features. Permanent injunction terms barred FleetCor from billing without informed consent alongside clear disclosures. That order also prohibited deceptive fuel-card claims or hiding material information behind hyperlinks.
#fleetcor #savings
2 months ago
In technology, the loudest applause usually comes at the demo, not the delivery. A flashy prototype draws headlines. The unglamorous rollout that actually generates revenue often gets a shrug.
CoreWeave, Inc. (CRWV) just lived that gap. The AI cloud provider rents out Nvidia Corporation (NVDA) chips to companies building artificial intelligence systems.
On Wednesday, September 16, it said it had linked hundreds of Nvidia's newest Rubin GPUs into a single working cluster, not just a test rack, according to the announcement.
For investors, that business model makes CRWV one of the most direct public ways to bet on AI infrastructure demand, without owning a chipmaker outright.
Nvidia, by contrast, is best known as the company that designs the GPUs everyone in the AI race is trying to get their hands on.
#crwv #NVIDIA #corporation #rubin
CoreWeave, Inc. (CRWV) just lived that gap. The AI cloud provider rents out Nvidia Corporation (NVDA) chips to companies building artificial intelligence systems.
On Wednesday, September 16, it said it had linked hundreds of Nvidia's newest Rubin GPUs into a single working cluster, not just a test rack, according to the announcement.
For investors, that business model makes CRWV one of the most direct public ways to bet on AI infrastructure demand, without owning a chipmaker outright.
Nvidia, by contrast, is best known as the company that designs the GPUs everyone in the AI race is trying to get their hands on.
#crwv #NVIDIA #corporation #rubin
2 months ago
Updated Sept. 17, 2026 4:53 pm ET
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
2 months ago
CAIRO (AP) — Hundreds of thousands of Iranians rallied Friday in a government-organized show of defiance after months of war, pledging their readiness to take up arms in the biggest such demonstration since the United States and Israel attacked in February.
Iran's government has sought to rally the people and stress national unity, even as the economy worsens under a U.S. naval blockade of Iranian ports and new U.S. sanctions. On Friday, it claimed another attack on a tanker in the Strait of Hormuz, a key waterway it has sought to control since the start of the war.
Estimates varied of the number of people volunteering to receive limited military training and defend the country in an effort described as "Janfaday-e Iran," or the "ones who sacrifice their lives for Iran." They marched through downtown Tehran in combat uniform, carrying flags, as onlookers cheered.
For days, state media have encouraged Iranians to join the campaign, saying training with **** ault rifles would begin soon. The volunteers would be an additional layer of security to the paramilitary Revolutionary Guard and the Basij militia, which has played a key role in quashing anti-government protests.
Tehran's Guard chief, Gen. Hassan Hassanzadeh, told the state broadcaster that over 600,000 people had registered to participate, with over 1 million expected to take part in the training. On Friday morning, the broadcaster estimated over 300,000 people were on the streets.
#government #training #since
Iran's government has sought to rally the people and stress national unity, even as the economy worsens under a U.S. naval blockade of Iranian ports and new U.S. sanctions. On Friday, it claimed another attack on a tanker in the Strait of Hormuz, a key waterway it has sought to control since the start of the war.
Estimates varied of the number of people volunteering to receive limited military training and defend the country in an effort described as "Janfaday-e Iran," or the "ones who sacrifice their lives for Iran." They marched through downtown Tehran in combat uniform, carrying flags, as onlookers cheered.
For days, state media have encouraged Iranians to join the campaign, saying training with **** ault rifles would begin soon. The volunteers would be an additional layer of security to the paramilitary Revolutionary Guard and the Basij militia, which has played a key role in quashing anti-government protests.
Tehran's Guard chief, Gen. Hassan Hassanzadeh, told the state broadcaster that over 600,000 people had registered to participate, with over 1 million expected to take part in the training. On Friday morning, the broadcaster estimated over 300,000 people were on the streets.
#government #training #since
2 months ago
Over the last seven years, I've **** yzed hundreds of stocks and cryptocurrencies to see if they might be worth an investment. At the end of the day, I only end up buying a select few, like two of my longtime favorites, Costco Wholesale (NASDAQ: COST) and Apple (NASDAQ: AAPL).
Here's an abridged version of my research process -- hopefully it'll contain something useful to adapt as your own.
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 »
I typically start by getting the lay of the land regarding the company in question.
Step zero is comparing the stock's total returns to the S&P 500 over a range of different periods, starting from one month and extending to five years. Ideally, like both Apple and Costco, the company being evaluated will have outperformed the index over the last five years.
#NASDAQ #flashing #total
Here's an abridged version of my research process -- hopefully it'll contain something useful to adapt as your own.
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 »
I typically start by getting the lay of the land regarding the company in question.
Step zero is comparing the stock's total returns to the S&P 500 over a range of different periods, starting from one month and extending to five years. Ideally, like both Apple and Costco, the company being evaluated will have outperformed the index over the last five years.
#NASDAQ #flashing #total
2 months ago
On September 11, Elastic (NYSE:ESTC) rolled out Elasticsearch Vector Database, a new serverless offering the company says lets developers ship large-scale vector search and AI applications without stitching together the usual pile of infrastructure themselves. The launch landed less than three weeks after Elastic posted first-quarter fiscal 2027 results on August 27, for the period ended July 31, giving investors a fresh product story to weigh against a quarter that already showed accelerating growth.
The new database automates what used to require manual **** embly: chunking documents, hosting embedding and reranking models, configuring indexes, and wiring query-time retrieval. Elastic built in expert-tuned defaults, a single field type that handles indexing, embeddings, and chunking together, and hybrid search that combines full-text and vector retrieval in one query. The system scales to hundreds of billions of vectors using Elastic's Better Binary Quantization, which the company says shrinks vector memory by up to 32 times while keeping recall high, and pricing is based on data and search capacity rather than the opaque compute units the company says define most pure-play vector database pricing.
That product push follows a quarter that was already running hot. Total revenue reached $478 million in the first quarter of fiscal 2027, up 15% year over year, while current remaining performance obligations grew 21% and remaining performance obligations grew 27%. Sales-led subscription revenue, which strips out Monthly Elastic Cloud, grew 18% year over year to $399 million, outpacing the company's overall subscription growth.
Elastic added more customers with annual contract value above $100,000 than in any prior quarter, pushing that cohort past 1,800 from over 1,720 in the fourth quarter of fiscal 2026 and over 1,550 a year earlier. Net expansion rate held around 111%, and the company generated $143 million in adjusted free cash flow during the quarter. Guidance for the second quarter of fiscal 2027, ending October 31, calls for revenue of $486 million to $487 million and a swing to positive GAAP operating margin, with full fiscal 2027 non-GAAP operating margin guided to roughly 19.4%, up from 16.2% in the quarter just reported.
Growth came with a reminder that Elastic has not fully crossed into GAAP profitability. The company posted a GAAP operating loss of $24 million in the first quarter of fiscal 2027, a -5% operating margin, and a GAAP net loss per share of $0.16. Non-GAAP figures told a healthier story, with $77 million in non-GAAP operating income and $0.70 in non-GAAP diluted earnings per share, but the gap between the two measures shows how much of Elastic's reported profitability still depends on excluding real costs like stock-based compensation.
#elastic #vector #company
The new database automates what used to require manual **** embly: chunking documents, hosting embedding and reranking models, configuring indexes, and wiring query-time retrieval. Elastic built in expert-tuned defaults, a single field type that handles indexing, embeddings, and chunking together, and hybrid search that combines full-text and vector retrieval in one query. The system scales to hundreds of billions of vectors using Elastic's Better Binary Quantization, which the company says shrinks vector memory by up to 32 times while keeping recall high, and pricing is based on data and search capacity rather than the opaque compute units the company says define most pure-play vector database pricing.
That product push follows a quarter that was already running hot. Total revenue reached $478 million in the first quarter of fiscal 2027, up 15% year over year, while current remaining performance obligations grew 21% and remaining performance obligations grew 27%. Sales-led subscription revenue, which strips out Monthly Elastic Cloud, grew 18% year over year to $399 million, outpacing the company's overall subscription growth.
Elastic added more customers with annual contract value above $100,000 than in any prior quarter, pushing that cohort past 1,800 from over 1,720 in the fourth quarter of fiscal 2026 and over 1,550 a year earlier. Net expansion rate held around 111%, and the company generated $143 million in adjusted free cash flow during the quarter. Guidance for the second quarter of fiscal 2027, ending October 31, calls for revenue of $486 million to $487 million and a swing to positive GAAP operating margin, with full fiscal 2027 non-GAAP operating margin guided to roughly 19.4%, up from 16.2% in the quarter just reported.
Growth came with a reminder that Elastic has not fully crossed into GAAP profitability. The company posted a GAAP operating loss of $24 million in the first quarter of fiscal 2027, a -5% operating margin, and a GAAP net loss per share of $0.16. Non-GAAP figures told a healthier story, with $77 million in non-GAAP operating income and $0.70 in non-GAAP diluted earnings per share, but the gap between the two measures shows how much of Elastic's reported profitability still depends on excluding real costs like stock-based compensation.
#elastic #vector #company