21 hours ago
Max B can't get enough of his wife toes, as seen in a new Instagram Story.
On Monday (Sept. 28), Max B's wife, Allison, started the week off with a bang by posting an intimate video of the Harlem rapper happily licking and sucking her toes. The couple appeared to be lying in a hammock while recording the video.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
Next Valentine's Day, Max B and Allison will celebrate their first marriage anniversary after tying the knot while the rapper was still incarcerated. During a 2025 interview on Cam'ron's Talk With Flee, Allison explained that she felt "compelled to write him" while Max B served nearly two decades in prison a decade prior. Max was incarcerated for aggravated manslaughter stemming from a 2006 robbery at a New Jersey hotel.
Max B Revisits Allegedly Writing "We Fly High" Chorus for Jim Jones — But No Longer Wants the Credit
#shop
On Monday (Sept. 28), Max B's wife, Allison, started the week off with a bang by posting an intimate video of the Harlem rapper happily licking and sucking her toes. The couple appeared to be lying in a hammock while recording the video.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
Next Valentine's Day, Max B and Allison will celebrate their first marriage anniversary after tying the knot while the rapper was still incarcerated. During a 2025 interview on Cam'ron's Talk With Flee, Allison explained that she felt "compelled to write him" while Max B served nearly two decades in prison a decade prior. Max was incarcerated for aggravated manslaughter stemming from a 2006 robbery at a New Jersey hotel.
Max B Revisits Allegedly Writing "We Fly High" Chorus for Jim Jones — But No Longer Wants the Credit
#shop
1 day ago
Despite initial efforts to improve their relationship, King Charles and Prince Harry are reportedly no longer in contact.
Sources told NewsNation that Harry is "frustrated and angry" because his attempts to connect with Charles and Prince William are falling flat. William has made it clear that he wants nothing to do with Harry, but it's currently unclear why Charles is giving his youngest son the silent treatment.
More from StyleCaster
Diana's Brother Accuses Charles of 'Aggressive' Behavior After His Book as He Reveals the 1 Thing He Would Say to the King if They Were Face to Face
Harry & Meghan Reportedly 'Stunned' by 2 Men in a 'White Van' Targeting Their Kids at School-'Irresponsible and Ill-Considered'
#charles #prince
Sources told NewsNation that Harry is "frustrated and angry" because his attempts to connect with Charles and Prince William are falling flat. William has made it clear that he wants nothing to do with Harry, but it's currently unclear why Charles is giving his youngest son the silent treatment.
More from StyleCaster
Diana's Brother Accuses Charles of 'Aggressive' Behavior After His Book as He Reveals the 1 Thing He Would Say to the King if They Were Face to Face
Harry & Meghan Reportedly 'Stunned' by 2 Men in a 'White Van' Targeting Their Kids at School-'Irresponsible and Ill-Considered'
#charles #prince
2 days ago
Elon Musk and his partner Shivon Zilis have called it quits.
Zilis, 40, announced the split Oct. 2, in an X post after a big-tech-focused X account shared that Musk was no longer following Zilis, who shares four children with the ******* eX and Tesla CEO.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis wrote in an X post. "I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness."
Zilis also attached a screenshot of what appeared to be some of the final text messages she and Musk exchanged before the split.
Zilis, a Yale-educated tech executive, first crossed paths with the South African-born businessman when she joined OpenAI in 2016, and according to People, the couple's romance began after Musk acted as her sperm donor.
#shivon
Zilis, 40, announced the split Oct. 2, in an X post after a big-tech-focused X account shared that Musk was no longer following Zilis, who shares four children with the ******* eX and Tesla CEO.
"It's hard to go from in love to let go in a week with no warning, but that's just how it is sometimes," Zilis wrote in an X post. "I feel happy that I got to show Elon how it feels to be deeply understood, nurtured, and peacefully loved with stability and gentleness."
Zilis also attached a screenshot of what appeared to be some of the final text messages she and Musk exchanged before the split.
Zilis, a Yale-educated tech executive, first crossed paths with the South African-born businessman when she joined OpenAI in 2016, and according to People, the couple's romance began after Musk acted as her sperm donor.
#shivon
3 days ago
Major League Baseball (MLB) leadership is no longer considering holding a game inside a national park, according to a letter commissioner Robert Manfred sent to officials in Teton county, Wyoming, on Thursday in what could be the league's biggest swing-and-a-miss off the diamond.
On 26 September, the Washington Post reported that MLB had reached out to the White House about staging a one-day game at Grand Teton national park in Wyoming. Teton county describes itself as a "a year-round resort community" and sits within the Jackson Hole valley. It's also a habitat for grizzly bears, osprey, bison and more.
News of MLB's outreach to the federal government quickly sparked concern about the impact that erecting a field and the infrastructure to hold spectators could have on the natural landscape and habitat of scores of wildlife that call the 310,000-acre (125,500-hectare) park home.
In the letter, Manfred noted that MLB had held games at places like the Fort Bragg military base in North Carolina and the nation's oldest Negro Leagues stadium in Birmingham, Alabama. He added that MLB staff had been doing their due diligence to see whether a game at Grand Teton was possible and to evaluate the potential environmental impact.
"Since the story was reported, it has become clear that the local community does not want us to continue Grand Teton national park as a potential site," Manfred wrote.
#park #national
On 26 September, the Washington Post reported that MLB had reached out to the White House about staging a one-day game at Grand Teton national park in Wyoming. Teton county describes itself as a "a year-round resort community" and sits within the Jackson Hole valley. It's also a habitat for grizzly bears, osprey, bison and more.
News of MLB's outreach to the federal government quickly sparked concern about the impact that erecting a field and the infrastructure to hold spectators could have on the natural landscape and habitat of scores of wildlife that call the 310,000-acre (125,500-hectare) park home.
In the letter, Manfred noted that MLB had held games at places like the Fort Bragg military base in North Carolina and the nation's oldest Negro Leagues stadium in Birmingham, Alabama. He added that MLB staff had been doing their due diligence to see whether a game at Grand Teton was possible and to evaluate the potential environmental impact.
"Since the story was reported, it has become clear that the local community does not want us to continue Grand Teton national park as a potential site," Manfred wrote.
#park #national
3 days ago
Josh Duhamel has revealed how his decision to enter the testosterone business left him fearing that he could be run out of Hollywood because his fellow A-listers would "make fun" of him—while opening up about the very different life he has built away from Los Angeles.
The 53-year-old "Ransom Canyon" star recently spoke about his experience with testosterone replacement therapy, revealing that his former representatives had warned him that publicly attaching himself to the treatment could damage his image and career.
Duhamel, who co-founded men's health company Gatlan, said during an appearance on Dave Asprey's "The Human Upgrade" podcast that he initially had reservations about becoming so publicly involved with the company because of the potential response in Hollywood.
"I won't tell you the agency that I'm no longer with, but they said, 'Don't do it. It's bad for your image,'" he recalled. "And I was like, 'All right, watch.'"
Josh Duhamel has revealed how his decision to enter the testosterone business left him fearing that he could be run out of town in Hollywood—while opening up about the very different life he has built away from Los Angeles. (CBS Mornings)
#duhamel #left
The 53-year-old "Ransom Canyon" star recently spoke about his experience with testosterone replacement therapy, revealing that his former representatives had warned him that publicly attaching himself to the treatment could damage his image and career.
Duhamel, who co-founded men's health company Gatlan, said during an appearance on Dave Asprey's "The Human Upgrade" podcast that he initially had reservations about becoming so publicly involved with the company because of the potential response in Hollywood.
"I won't tell you the agency that I'm no longer with, but they said, 'Don't do it. It's bad for your image,'" he recalled. "And I was like, 'All right, watch.'"
Josh Duhamel has revealed how his decision to enter the testosterone business left him fearing that he could be run out of town in Hollywood—while opening up about the very different life he has built away from Los Angeles. (CBS Mornings)
#duhamel #left
3 days ago
Joe Burrow's girlfriend Olivia Ponton delivers her scorching 'hot take' on cheating appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Cincinnati Bengals quarterback Joe Burrow's personal life has remained largely private, which is why he was initially upset when his relationship with social media influencer and model Olivia Ponton became public knowledge back in 2024. As Burrow is set to continue the Bengals' strong start to the season, Ponton recently revealed details about how she no longer tolerates infidelity in relationships.
Speaking on her "Booked & Busy" podcast, Ponton revealed how she has been cheated on multiple times in the past when she was longer, per New York Post.
"I have been cheated on in all of my past relationships. Literally every single one of them. All of them," she said.
Watch sports LIVE with fuboTV (free trial)
#clutchpoints #revealed #past #preferred
Cincinnati Bengals quarterback Joe Burrow's personal life has remained largely private, which is why he was initially upset when his relationship with social media influencer and model Olivia Ponton became public knowledge back in 2024. As Burrow is set to continue the Bengals' strong start to the season, Ponton recently revealed details about how she no longer tolerates infidelity in relationships.
Speaking on her "Booked & Busy" podcast, Ponton revealed how she has been cheated on multiple times in the past when she was longer, per New York Post.
"I have been cheated on in all of my past relationships. Literally every single one of them. All of them," she said.
Watch sports LIVE with fuboTV (free trial)
#clutchpoints #revealed #past #preferred
3 days ago
A judge in Nova Scotia, Canada, has dismissed the ******* ual ******* ault case against Trailer Park Boys actor Mike Smith.
The trial was set to begin in provincial court in Dartmouth on Thursday, but after the Crown provided no evidence against Smith, the actor's attorneys requested the case be dismissed.
The 54-year-old actor, who plays the character Bubbles on the Canadian sitcom, was charged last year for an alleged ******* ual ******* ault in 2017.
Prosecutor Bryson McDonald told reporters outside court that the Crown offered no evidence in relation to the charge "based on the Crown's ongoing ******* sment that the prosecution standard has no longer been met".
McDonald would not go into further detail about the standard not being met or why, but said his office has been in regular communication with the complainant throughout the process.
#crown #dismissed #case #actor
The trial was set to begin in provincial court in Dartmouth on Thursday, but after the Crown provided no evidence against Smith, the actor's attorneys requested the case be dismissed.
The 54-year-old actor, who plays the character Bubbles on the Canadian sitcom, was charged last year for an alleged ******* ual ******* ault in 2017.
Prosecutor Bryson McDonald told reporters outside court that the Crown offered no evidence in relation to the charge "based on the Crown's ongoing ******* sment that the prosecution standard has no longer been met".
McDonald would not go into further detail about the standard not being met or why, but said his office has been in regular communication with the complainant throughout the process.
#crown #dismissed #case #actor
5 days ago
Airport security employees checking boarding passes and IDs will no longer be allowed to sit down while working, the Transportation Security Administration confirmed Tuesday.
All chairs are being removed from the travel document checker podiums at the entrance to checkpoints nationwide, the union representing the screeners said. The American Federation of Government Employees TSA Council 100 said it found out about the decision from its members and called it a “disregard for workers rights and safety.”
TSA defended the move, saying the document checkers are the first to interact with the traveling public and requiring them to stand will create a better experience for passengers.
“This welcome change reinforces both our security posture and our commitment to hospitality by having these officers on their feet and alert,” the agency said in a statement. “All officers must meet fitness for duty requirements to be capable of performing their vital national security function while simultaneously creating a welcoming and professional environment for travelers.”
The move comes nearly two months after TSA Administrator David ******* mins was confirmed to lead the agency.
#security #confirmed #document
All chairs are being removed from the travel document checker podiums at the entrance to checkpoints nationwide, the union representing the screeners said. The American Federation of Government Employees TSA Council 100 said it found out about the decision from its members and called it a “disregard for workers rights and safety.”
TSA defended the move, saying the document checkers are the first to interact with the traveling public and requiring them to stand will create a better experience for passengers.
“This welcome change reinforces both our security posture and our commitment to hospitality by having these officers on their feet and alert,” the agency said in a statement. “All officers must meet fitness for duty requirements to be capable of performing their vital national security function while simultaneously creating a welcoming and professional environment for travelers.”
The move comes nearly two months after TSA Administrator David ******* mins was confirmed to lead the agency.
#security #confirmed #document
14 days ago
Huntington Bancshares Incorporated (NASDAQ:HBAN) dropped 5.55% to $15.82 on September 16, 2026, close to its 52-week low. The price movement was triggered by a profit warning at a Barclays conference. Huntington brought down its 2027 EPS guidance from above $1.90 to the range of $1.75-$1.83, and its 2026 net interest income growth from 39%-43% to roughly 35%. What matters more than these numbers is the reason behind them. Deposit costs are rising, and loan pricing is tightening, and it landed on the day the Fed delivered its first interest rate hike since 2023. The drop therefore raises the question: is this an oversold bank or the opening crack in regional-bank margins?
A well-run bank has just lowered its guidance, citing intense competition for deposits and loans. If Huntington feels the margin pressure, then it is likely that its peers feel the same. This explains why Fifth Third shares slid 4.1% on the same afternoon alongside the whole financials group. The Fed's new hike makes the environment more unfavorable for the group in the near term. While rate increases eventually lift ***** et yields, banks must immediately offer higher deposit yields to retain balances, squeezing net interest margins in the near term. Furthermore, accelerated commercial real estate loan payoffs reduced total earning ***** ets, though these early payoffs lower credit risk on the loan book.
The selloff leans too much into the reset. A move to $1.75-$1.83 from above $1.90 is a modest single-digit trim. Huntington sustains its profit as well as its operational performance. Loans reached $189 billion from $50 billion in 2015. Deposits touched $222 billion. And one of the company's biggest growth engines, value-added fee income, compounded at a 14% annual rate since mid-2024, with year-to-date growth near 32%. The income helps offset a notable portion of the spread pressure and offers a competitive edge against pure spread lenders.
A higher-for-longer rate environment carries trade-offs for commercial banks. It drives up deposit expenses, reflecting the margin pressure Huntington reported. It also expands loan yields as credit ***** ets reprice. Deposit beta determines the net effect by measuring how much of each benchmark rate increase the bank transfers to depositors. After the rate hikes, deposit costs typically rise further, so betting on a near-term peak takes some faith. A lower beta allows fee revenue to support earnings, whereas a higher beta keeps the squeeze sustained over multiple quarters.
#bank #interest #Growth
A well-run bank has just lowered its guidance, citing intense competition for deposits and loans. If Huntington feels the margin pressure, then it is likely that its peers feel the same. This explains why Fifth Third shares slid 4.1% on the same afternoon alongside the whole financials group. The Fed's new hike makes the environment more unfavorable for the group in the near term. While rate increases eventually lift ***** et yields, banks must immediately offer higher deposit yields to retain balances, squeezing net interest margins in the near term. Furthermore, accelerated commercial real estate loan payoffs reduced total earning ***** ets, though these early payoffs lower credit risk on the loan book.
The selloff leans too much into the reset. A move to $1.75-$1.83 from above $1.90 is a modest single-digit trim. Huntington sustains its profit as well as its operational performance. Loans reached $189 billion from $50 billion in 2015. Deposits touched $222 billion. And one of the company's biggest growth engines, value-added fee income, compounded at a 14% annual rate since mid-2024, with year-to-date growth near 32%. The income helps offset a notable portion of the spread pressure and offers a competitive edge against pure spread lenders.
A higher-for-longer rate environment carries trade-offs for commercial banks. It drives up deposit expenses, reflecting the margin pressure Huntington reported. It also expands loan yields as credit ***** ets reprice. Deposit beta determines the net effect by measuring how much of each benchmark rate increase the bank transfers to depositors. After the rate hikes, deposit costs typically rise further, so betting on a near-term peak takes some faith. A lower beta allows fee revenue to support earnings, whereas a higher beta keeps the squeeze sustained over multiple quarters.
#bank #interest #Growth
14 days ago
Former President Obama on Friday slammed President Trump over his handling of how to approach artificial intelligence amid “doomsday” warnings coming from some in the tech industry about the technology’s potential existential threat to humanity.
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring to comments made by one Trump adviser.
“I heard one of Donald Trump’s main advisers on this make the argument that, ‘The market will take care of AI,'” the former president said. “‘These companies will solve the safety issues because they have every incentive to do so — if it turns out to be dangerous, people will just sue them, and they’re worried about financial liability.'”
“That’s not how we treat airlines,” Obama added. “Or drug companies, or food companies.”
Obama continued to say that AI could become a threat at a human level if it falls into the clutches of “bad humans” and if self-improving AI models realize they no longer need humans. He referred to Trump again in that his successor has said regulations on AI are “for losers.”
#obama #president #university
14 days ago
For months, economists and retailers have warned about the financial strain facing lower- and middle-income consumers. Higher earners, on the other hand, have largely been sheltered from the effects of the rising costs of living.
But that may be changing.
A growing number of CEOs and industry insiders, from retailers as varied as Walmart and ThredUp, have said they're seeing shifts in the behavior of consumers earning $100,000 a year or more.
Dollar General's CEO Todd Vasos is the latest to join that growing chorus.
Speaking at the Goldman Sachs Global Consumer and Retail conference, Vasos said it's no longer the chain's core consumer base (low- and middle-earners) who are feeling the financial strain.
#Consumer #strain #higher
But that may be changing.
A growing number of CEOs and industry insiders, from retailers as varied as Walmart and ThredUp, have said they're seeing shifts in the behavior of consumers earning $100,000 a year or more.
Dollar General's CEO Todd Vasos is the latest to join that growing chorus.
Speaking at the Goldman Sachs Global Consumer and Retail conference, Vasos said it's no longer the chain's core consumer base (low- and middle-earners) who are feeling the financial strain.
#Consumer #strain #higher
14 days ago
Sempra (NYSE:SRE) added a long-term customer commitment on September 14, when its infrastructure subsidiary announced a 20-year sales and purchase agreement with Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR). The agreement covers approximately 0.8 million tonnes annually of liquefied natural gas, or LNG.
Supply will come from the subsidiary's contracted liquefaction capacity at Port Arthur LNG Phase 2 in Texas. The project is under construction, with trains 3 and 4 expected to begin commercial operations in 2030 and 2031, respectively. The agreement improves visibility into future sales, while the earnings contribution depends on delivery and contract economics.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) becomes the infrastructure subsidiary's first South American LNG customer. That broadens the geographic base of buyers and establishes a commercial relationship extending over two decades.
For Sempra (NYSE:SRE), the practical benefit is an external buyer for part of the subsidiary's contracted capacity. Securing that relationship before startup could reduce the need to find buyers for the covered volumes as production approaches, while supporting longer-term supply planning.
The annual commitment equals approximately 6.2% of Phase 2's planned 13-million-tonne annual capacity. This provides a measure of scale, although it does not establish the percentage of capacity still available for sale.
#agreement #petr #supply #term
Supply will come from the subsidiary's contracted liquefaction capacity at Port Arthur LNG Phase 2 in Texas. The project is under construction, with trains 3 and 4 expected to begin commercial operations in 2030 and 2031, respectively. The agreement improves visibility into future sales, while the earnings contribution depends on delivery and contract economics.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) becomes the infrastructure subsidiary's first South American LNG customer. That broadens the geographic base of buyers and establishes a commercial relationship extending over two decades.
For Sempra (NYSE:SRE), the practical benefit is an external buyer for part of the subsidiary's contracted capacity. Securing that relationship before startup could reduce the need to find buyers for the covered volumes as production approaches, while supporting longer-term supply planning.
The annual commitment equals approximately 6.2% of Phase 2's planned 13-million-tonne annual capacity. This provides a measure of scale, although it does not establish the percentage of capacity still available for sale.
#agreement #petr #supply #term
14 days ago
Americans have paid about $97 billion more for fuel since the Iran war started in late February, roughly $740 extra per household, according to CNN. President Trump says prices will come down after the midterms. The CEO of Chevron just said publicly he does not see how that happens quickly.
Mike Wirth, Chevron's chairman and chief executive, spoke at a University of Texas at Austin energy conference on September 11. He told the audience that the mechanisms that helped absorb the oil supply shock earlier in the conflict have largely been used up, and that prices are more likely to rise than fall over the next few months.
When the U.S.-Iran conflict began, the oil market had several ways to handle the disruption. Countries could release crude from strategic reserves. Commercial inventories could be drawn down. The U.S. eased restrictions on sanctioned crude stored on vessels at sea. Those measures helped limit the initial price spike.
"Those have largely now played out," Wirth said. The energy system no longer has the buffers it had when the war began.
The loss of flexibility became more acute after attacks knocked out a major Saudi crude pipeline that had been bypassing the Strait of Hormuz. That single disruption put an estimated 2.5 million barrels of oil per day in limbo, tightening a market that was already running short on supply.
#crude #prices #energy #conflict
Mike Wirth, Chevron's chairman and chief executive, spoke at a University of Texas at Austin energy conference on September 11. He told the audience that the mechanisms that helped absorb the oil supply shock earlier in the conflict have largely been used up, and that prices are more likely to rise than fall over the next few months.
When the U.S.-Iran conflict began, the oil market had several ways to handle the disruption. Countries could release crude from strategic reserves. Commercial inventories could be drawn down. The U.S. eased restrictions on sanctioned crude stored on vessels at sea. Those measures helped limit the initial price spike.
"Those have largely now played out," Wirth said. The energy system no longer has the buffers it had when the war began.
The loss of flexibility became more acute after attacks knocked out a major Saudi crude pipeline that had been bypassing the Strait of Hormuz. That single disruption put an estimated 2.5 million barrels of oil per day in limbo, tightening a market that was already running short on supply.
#crude #prices #energy #conflict
14 days ago
Phillips 66 (NYSE:PSX) has been on a strong rally this year, posting gains of over 110% since the beginning of 2026. The outperformance has been driven by an unusually sharp surge in global refining margins amid the war in the Middle East, which has significantly tightened the world's refining capacity and reduced supplies of gasoline, diesel, and jet fuel.
Given Phillips 66's substantial outperformance compared to the wider market, investors may be questioning whether the stock's record-setting run has reached its peak. However, the ****** ysts over at BMO Capital see further upside ahead. On September 17, the firm raised its price target on PSX from $260 to $310, while maintaining an 'Outperform' rating on the shares. The target boost implies an upside of 13% from the current levels and even exceeds the stock's all-time high of over $274 achieved earlier this month.
BMO Capital highlighted Phillips 66's integrated business model, noting that it has gained momentum and outperformed its individual segments, supported by strong execution across the portfolio. While Refining and Renewables remain the cyclical leaders, BMO also sees a favorable medium-term growth outlook for the company's Midstream business.
BMO Capital's vote of confidence comes amid a broader optimism surrounding Phillips 66, with ****** ysts from Morgan Stanley, Raymon James, UBS, and several others also improving their respective outlooks on PSX. This suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, particularly following the renewed escalations between Iran and the United States.
The supply disruptions now extend beyond the troubled region, as a recent wave of Ukrainian attacks on Russian refineries has further reduced global refining capacity and provided further support to margins.
#further #margins #amid
Given Phillips 66's substantial outperformance compared to the wider market, investors may be questioning whether the stock's record-setting run has reached its peak. However, the ****** ysts over at BMO Capital see further upside ahead. On September 17, the firm raised its price target on PSX from $260 to $310, while maintaining an 'Outperform' rating on the shares. The target boost implies an upside of 13% from the current levels and even exceeds the stock's all-time high of over $274 achieved earlier this month.
BMO Capital highlighted Phillips 66's integrated business model, noting that it has gained momentum and outperformed its individual segments, supported by strong execution across the portfolio. While Refining and Renewables remain the cyclical leaders, BMO also sees a favorable medium-term growth outlook for the company's Midstream business.
BMO Capital's vote of confidence comes amid a broader optimism surrounding Phillips 66, with ****** ysts from Morgan Stanley, Raymon James, UBS, and several others also improving their respective outlooks on PSX. This suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, particularly following the renewed escalations between Iran and the United States.
The supply disruptions now extend beyond the troubled region, as a recent wave of Ukrainian attacks on Russian refineries has further reduced global refining capacity and provided further support to margins.
#further #margins #amid
14 days ago
Marathon Petroleum Corporation (NYSE:MPC) has substantially outperformed the wider market this year, supported by an unusually sharp surge in global refining margins as the prolonged Iran crisis has significantly tightened global refining capacity and reduced supplies of gasoline, diesel, and jet fuel.
With Marathon up by over 150% since the beginning of 2026, there are now concerns that the stock may have topped out. However, the ****** ysts over at Morgan Stanley are convinced that the rally still has further room to run. On September 14, Morgan Stanley ****** yst Joe Laetsch significantly raised the firm's price target on MPC from $265 to $453, while reaffirming an 'Overweight' rating on the shares.
The target boost reflects an upside of over 9% from the current price level and even exceeds the stock's record high of just under $411 per share achieved earlier this month. The Morgan Stanley update comes amid broader Wall Street optimism surrounding the American refining giant, with ****** ysts from Raymon James, UBS, and several others also improving their respective outlooks on MPC.
Morgan Stanley's vote of confidence suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, especially given the fresh wave of attacks between Washington and Tehran. Even if the conflict in the Middle East subsides, the region's refined fuel output is expected to remain relatively tight, since the damaged or idled refineries in the Middle East are likely to take some time to return to full operations.
As the largest refiner by volume in the United States, Marathon has significant operating leverage to capitalize on the current high-margin environment. The company already demonstrated its ability to translate the high crack spreads into material earnings when it delivered an almost fourfold increase in profits in the second quarter.
#morgan #marathon #stanley #middle
With Marathon up by over 150% since the beginning of 2026, there are now concerns that the stock may have topped out. However, the ****** ysts over at Morgan Stanley are convinced that the rally still has further room to run. On September 14, Morgan Stanley ****** yst Joe Laetsch significantly raised the firm's price target on MPC from $265 to $453, while reaffirming an 'Overweight' rating on the shares.
The target boost reflects an upside of over 9% from the current price level and even exceeds the stock's record high of just under $411 per share achieved earlier this month. The Morgan Stanley update comes amid broader Wall Street optimism surrounding the American refining giant, with ****** ysts from Raymon James, UBS, and several others also improving their respective outlooks on MPC.
Morgan Stanley's vote of confidence suggests that Wall Street expects the ongoing refining upcycle to last longer than previously expected, especially given the fresh wave of attacks between Washington and Tehran. Even if the conflict in the Middle East subsides, the region's refined fuel output is expected to remain relatively tight, since the damaged or idled refineries in the Middle East are likely to take some time to return to full operations.
As the largest refiner by volume in the United States, Marathon has significant operating leverage to capitalize on the current high-margin environment. The company already demonstrated its ability to translate the high crack spreads into material earnings when it delivered an almost fourfold increase in profits in the second quarter.
#morgan #marathon #stanley #middle
14 days ago
JPMorgan Chase (NYSE: JPM) is the largest bank in the U.S., by far. It's a financial giant with robust consumer and commercial segments, and it's reliable in driving growth under pressure. It also pays a growing dividend that yields 1.7% at the current price, and it's a fantastic value addition to any investor's diversified portfolio.
While it's likely to become the first bank stock with a $1 trillion valuation in the near future (it currently sports a $927.5 billion market capitalization), there are smaller digital banks that are likely to grow much faster in the next two years, and probably a lot longer. SoFi Technologies (NASDAQ: SOFI) and Nu Holdings (NYSE: NU) are two of them.
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 »
SoFi is a young digital bank that's growing at the rate of a tech start-up, which makes sense, since it's a combination of both -- a classic fintech company.
What started as a loan cooperative for college students has expanded into a comprehensive financial app for anyone seeking an easy-to-use digital platform. It's attracting new members at a fast pace, and its strategy of bringing customers into the ecosystem and getting them to adopt more products is working.
#sofi #bank
While it's likely to become the first bank stock with a $1 trillion valuation in the near future (it currently sports a $927.5 billion market capitalization), there are smaller digital banks that are likely to grow much faster in the next two years, and probably a lot longer. SoFi Technologies (NASDAQ: SOFI) and Nu Holdings (NYSE: NU) are two of them.
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 »
SoFi is a young digital bank that's growing at the rate of a tech start-up, which makes sense, since it's a combination of both -- a classic fintech company.
What started as a loan cooperative for college students has expanded into a comprehensive financial app for anyone seeking an easy-to-use digital platform. It's attracting new members at a fast pace, and its strategy of bringing customers into the ecosystem and getting them to adopt more products is working.
#sofi #bank
14 days ago
Warren Buffett propelled Berkshire Hathaway to six decades of market-beating returns, so it's no surprise that retail investors around the world look to him for advice. The billionaire aims to select quality companies when they're undervalued, then benefit over time as their earnings grow and the stock prices take off. Buffett has invested throughout market environments, from bull markets to bear markets, and has experienced market crashes -- and over time, he's scored a clear win by sticking to his investing principles.
Buffett no longer leads the investing decisions at Berkshire Hathaway -- he handed that role over to his hand-picked successor, Greg Abel, at the start of the year and just this week turned the chairman position over to his son, Howard Buffett. However, Warren Buffett, now chairman emeritus, has continued to speak publicly about investing. And we also may refer to his past words of advice, which continue to ring true today.
Missed AI's "Act 1"? Act 2 Could Be 15x 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 »
In fact, one comment from Buffett looks particularly interesting right now, given certain elements of uncertainty that have weighed on the market recently, from higher inflation to worries about spending on artificial intelligence (AI). Buffett says many investors make this one mistake. Let's find out what it is and consider how to avoid this common -- and costly -- error.
Image source: The Motley Fool.
#investors #warren #missed
Buffett no longer leads the investing decisions at Berkshire Hathaway -- he handed that role over to his hand-picked successor, Greg Abel, at the start of the year and just this week turned the chairman position over to his son, Howard Buffett. However, Warren Buffett, now chairman emeritus, has continued to speak publicly about investing. And we also may refer to his past words of advice, which continue to ring true today.
Missed AI's "Act 1"? Act 2 Could Be 15x 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 »
In fact, one comment from Buffett looks particularly interesting right now, given certain elements of uncertainty that have weighed on the market recently, from higher inflation to worries about spending on artificial intelligence (AI). Buffett says many investors make this one mistake. Let's find out what it is and consider how to avoid this common -- and costly -- error.
Image source: The Motley Fool.
#investors #warren #missed
14 days ago
Interested in Apollo Global Management Inc.? Here are five stocks we like better.
Apollo expects interest rates to remain higher for longer, while estimating only a 10%–20% chance of a recession over the next year. Consumer spending, inflation and AI infrastructure investment are supporting economic activity, though geopolitical and energy risks remain.
The firm views AI primarily as a large-scale financing opportunity, providing structured capital to investment-grade companies involved in digital infrastructure, energy, logistics and defense rather than betting on individual technology winners.
Apollo reported strong institutional fundraising, including a $12 billion first close for its Fund XI, and expects private-equity industry consolidation as smaller or overexpanded managers struggle to return capital. Its high-grade capital-solutions business has completed more than 200 transactions totaling roughly $150 billion.
Baggage Claim: Apollo's $7.7 Billion Bid to Acquire easyJet
#apollo #infrastructure #energy #grade
Apollo expects interest rates to remain higher for longer, while estimating only a 10%–20% chance of a recession over the next year. Consumer spending, inflation and AI infrastructure investment are supporting economic activity, though geopolitical and energy risks remain.
The firm views AI primarily as a large-scale financing opportunity, providing structured capital to investment-grade companies involved in digital infrastructure, energy, logistics and defense rather than betting on individual technology winners.
Apollo reported strong institutional fundraising, including a $12 billion first close for its Fund XI, and expects private-equity industry consolidation as smaller or overexpanded managers struggle to return capital. Its high-grade capital-solutions business has completed more than 200 transactions totaling roughly $150 billion.
Baggage Claim: Apollo's $7.7 Billion Bid to Acquire easyJet
#apollo #infrastructure #energy #grade
15 days ago
Semiconductor giant Nvidia (NASDAQ: NVDA) has been a hot stock for some time now -- for good reason. It has averaged annualized gains of 52% over the past 15 years. That was enough to turn a single $10,000 investment 15 years ago into a stake worth $5.9 million (with dividends reinvested) or $5.4 million (without the reinvestment of dividends).
What if you buy into it today, though? How big could your stake in it become by, say, 2030? Let's take a look.
Missed AI's "Act 1"? Act 2 Could Be 15x 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 start with a caveat: Whatever estimate we come up with will be just that -- an estimate. It will be based on the stock's growth rate -- which over the past three years has averaged nearly 70% per year! Over the past one year, it has gained nearly 20%. (That 20% might seem puny, but remember that over many decades, the stock market has averaged annual gains of close to 10%. So a 20% gain is still pretty good.)
But how quickly will Nvidia grow over the coming four years? Well, let's pick a number between that 20% and the longer-term rate of 52%. Let's say 30%.
#NVIDIA #missed
What if you buy into it today, though? How big could your stake in it become by, say, 2030? Let's take a look.
Missed AI's "Act 1"? Act 2 Could Be 15x 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 start with a caveat: Whatever estimate we come up with will be just that -- an estimate. It will be based on the stock's growth rate -- which over the past three years has averaged nearly 70% per year! Over the past one year, it has gained nearly 20%. (That 20% might seem puny, but remember that over many decades, the stock market has averaged annual gains of close to 10%. So a 20% gain is still pretty good.)
But how quickly will Nvidia grow over the coming four years? Well, let's pick a number between that 20% and the longer-term rate of 52%. Let's say 30%.
#NVIDIA #missed
15 days ago
A home Medicaid excludes from **** et tests during life becomes fully exposed to estate recovery after death, potentially consuming most of an inheritance.
Transfers of a home within 60 months of a Medicaid application trigger a penalty period, and a stroke can eliminate the legal capacity needed to act.
Penalty-free exceptions exist, including spousal transfer, caregiver-child, and protected-relative rules, but qualifying circumstances must be in place well before a crisis.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
An 82-year-old widower has a stroke. From the hospital he moves to rehabilitation, then to permanent nursing-home care. His paid-off house is worth $340,000. His daughter asks the elder-law attorney whether they can deed her the house or drop it into an irrevocable trust before Medicaid pays a dime. The answer is the one no family wants to hear: probably not, because Dad no longer has the capacity to sign, and his durable power of attorney authorizes bill payment but not gifts or trust transfers.
#home #stroke #free
Transfers of a home within 60 months of a Medicaid application trigger a penalty period, and a stroke can eliminate the legal capacity needed to act.
Penalty-free exceptions exist, including spousal transfer, caregiver-child, and protected-relative rules, but qualifying circumstances must be in place well before a crisis.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
An 82-year-old widower has a stroke. From the hospital he moves to rehabilitation, then to permanent nursing-home care. His paid-off house is worth $340,000. His daughter asks the elder-law attorney whether they can deed her the house or drop it into an irrevocable trust before Medicaid pays a dime. The answer is the one no family wants to hear: probably not, because Dad no longer has the capacity to sign, and his durable power of attorney authorizes bill payment but not gifts or trust transfers.
#home #stroke #free
15 days ago
Bitcoin's most violent rally of its two-year drawdown wasn't powered by fresh bullish bets. It was powered by bears getting crushed, according to a new report from ******* ytics firm Glassnode and crypto exchange Bybit.
Over five days in August, Bitcoin climbed 24.6% even as coin-denominated open interest, a measure of active leverage, fell 12.6%, the report found. That combination is the tell: rather than traders piling into new long positions, the move ran on the forced unwinding of existing shorts.
Roughly 64,000 BTC worth of open interest was closed out, and short positions supplied 89% of every liquidated dollar during the stretch.
The options market told the same story. Puts, the contracts traders buy to protect against a fall, had priced richer than calls for 361 straight days. A single session ended that run, flipping roughly a year of downside positioning as the market scrambled to reprice.
Bybit's own volatility index traveled four times its normal daily range in one session, and the front of the futures curve repriced sharply while longer-dated contracts barely moved, a sign the market read the move as a one-off event rather than a lasting regime change.
#interest
Over five days in August, Bitcoin climbed 24.6% even as coin-denominated open interest, a measure of active leverage, fell 12.6%, the report found. That combination is the tell: rather than traders piling into new long positions, the move ran on the forced unwinding of existing shorts.
Roughly 64,000 BTC worth of open interest was closed out, and short positions supplied 89% of every liquidated dollar during the stretch.
The options market told the same story. Puts, the contracts traders buy to protect against a fall, had priced richer than calls for 361 straight days. A single session ended that run, flipping roughly a year of downside positioning as the market scrambled to reprice.
Bybit's own volatility index traveled four times its normal daily range in one session, and the front of the futures curve repriced sharply while longer-dated contracts barely moved, a sign the market read the move as a one-off event rather than a lasting regime change.
#interest
15 days ago
Margin debt hit $1.45 trillion in August, up 140% since 2022 and outpacing the S&P 500's 98% gain, which leaves the market carrying far more forced-selling risk.
At roughly 4.5% of GDP, margin debt now exceeds the dot-com bubble's peak, meaning a routine correction could cascade into broker-forced liquidations across the market.
The real danger isn't high leverage itself but the simultaneous forced selling that erupts when overleveraged investors all need cash at once.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
The longer-term comparison is even more striking. Since the end of 2022 -- and the start of the current AI-dominated era -- investor borrowing has increased by $847 billion, or 140%, versus a 98% gain for the S&P 500 over the same period. That means leverage has grown faster than the market value investors have accumulated, presumably as they took on debt to buy into the AI boom.
#market #leverage #investors
At roughly 4.5% of GDP, margin debt now exceeds the dot-com bubble's peak, meaning a routine correction could cascade into broker-forced liquidations across the market.
The real danger isn't high leverage itself but the simultaneous forced selling that erupts when overleveraged investors all need cash at once.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
The longer-term comparison is even more striking. Since the end of 2022 -- and the start of the current AI-dominated era -- investor borrowing has increased by $847 billion, or 140%, versus a 98% gain for the S&P 500 over the same period. That means leverage has grown faster than the market value investors have accumulated, presumably as they took on debt to buy into the AI boom.
#market #leverage #investors
15 days ago
For the past few years, investors could hardly go wrong simply putting their money into the economy's biggest companies. The Magnificent Seven stocks -- Nvidia, Microsoft, Apple, Amazon, Meta Platforms, Alphabet, and Tesla -- were almost single-handedly pulling the S&P 500 higher, and investors consistently chased them.
This year has been a different story. The Roundhill Magnificent Seven ETF is up 6% year to date, but it trails the 12% return of the Vanguard S&P 500 ETF and the 27% return of the Vanguard Information Technology ETF.
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 see two factors in particular having changed this year.
From 2023 to 2025, investors bought the biggest and earliest winners from the artificial intelligence (AI) trade. That's no longer the case.
#investors #vanguard
This year has been a different story. The Roundhill Magnificent Seven ETF is up 6% year to date, but it trails the 12% return of the Vanguard S&P 500 ETF and the 27% return of the Vanguard Information Technology ETF.
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 see two factors in particular having changed this year.
From 2023 to 2025, investors bought the biggest and earliest winners from the artificial intelligence (AI) trade. That's no longer the case.
#investors #vanguard
15 days ago
Artificial intelligence (AI) is rapidly changing the cybersecurity landscape, and CrowdStrike Holdings (CRWD) believes the threat is no longer theoretical. CEO George Kurtz recently described the situation as the "genie's out of the bottle," underscoring that AI capabilities are now widely available and can be exploited by attackers. CrowdStrike's 2026 Global Threat Report found that AI-enabled adversary activity surged 89% year-over-year, while the company has also observed attacks moving at machine speed.
Kurtz said AI agents should be secured like privileged users, with strict permissions, temporary credentials, and emergency shutdown capabilities, while humans retain control over critical decisions. He also urged AI companies such as Anthropic and OpenAI to work more closely with cybersecurity firms and independent evaluators to address emerging AI-related threats.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Nvidia, OpenAI, and Oracle's $745B Financing Circle Just Hit Its First Stress Test: A Fed Rate Hike
#openai #year #crowdstrike
Kurtz said AI agents should be secured like privileged users, with strict permissions, temporary credentials, and emergency shutdown capabilities, while humans retain control over critical decisions. He also urged AI companies such as Anthropic and OpenAI to work more closely with cybersecurity firms and independent evaluators to address emerging AI-related threats.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Nvidia, OpenAI, and Oracle's $745B Financing Circle Just Hit Its First Stress Test: A Fed Rate Hike
#openai #year #crowdstrike
16 days ago
Shoulder-season travel is giving some hotels opportunities to trade for longer and reduce their dependence on peak months. But additional demand only changes the investment proposition if those extra trading periods generate durable profit and improve the quality of annual cash flow.
Across parts of Europe, tourism demand is becoming less concentrated in traditional peak periods.
The shift should not be overstated. July and August still accounted for 31.1% of all EU tourist-accommodation nights in 2025, according to Eurostat. In highly seasonal markets, the concentration was much greater: 54.5% of Croatia's annual nights and 41.6% of Greece's occurred during those two months.
But demand is moving at the margins. The European Travel Commission reported stronger autumn demand in several markets in late 2025. In Hungary, for example, growth in international arrivals and nights during autumn exceeded summer growth.
For hotel investors, however, a longer potential travel season is only the starting point.
#season
Across parts of Europe, tourism demand is becoming less concentrated in traditional peak periods.
The shift should not be overstated. July and August still accounted for 31.1% of all EU tourist-accommodation nights in 2025, according to Eurostat. In highly seasonal markets, the concentration was much greater: 54.5% of Croatia's annual nights and 41.6% of Greece's occurred during those two months.
But demand is moving at the margins. The European Travel Commission reported stronger autumn demand in several markets in late 2025. In Hungary, for example, growth in international arrivals and nights during autumn exceeded summer growth.
For hotel investors, however, a longer potential travel season is only the starting point.
#season
16 days ago
On September 16, Evolution Petroleum Corporation (NYSEAMERICAN:EPM) held its fiscal fourth-quarter and full-year 2026 earnings call, and the numbers told a story of a company climbing out of a rough patch. Revenue jumped 20% sequentially to $24.2 million as oil prices realized before hedge settlements shot up 49% year over year to $90.74 a barrel. Adjusted EBITDA more than doubled to $6.5 million. After a bruising third quarter, the fourth quarter finally looked like the recovery management had promised investors back in May.
The fourth-quarter turnaround wasn't just about crude. NGL prices realized $32.49 a barrel, up 27% year over year, and because Evolution leaves its NGL production entirely unhedged, every dollar of that gain flowed straight through. That combination of higher liquids pricing, growing production, and the roll-off of a prior-period transportation adjustment at the Delhi Field pushed operating cash flow to $6.8 million in the quarter, nearly double the $3.5 million generated in the third quarter.
Behind the quarterly numbers sits a longer-term shift in how Evolution makes money. The company closed a roughly $16 million acquisition of mineral and royalty acreage in the Permian's Midland Basin after the fiscal year ended, adding about 3,420 net royalty acres and more than 200 barrels of oil equivalent per day of current production, all without Evolution spending a dime on development. That mirrors what's already happening in the SCOOP/STACK play, where fourth-quarter production climbed 14% year over year to 1,275 BOE per day while unit operating costs fell to $10.33 a barrel. Evolution also replaced more than 100% of the 2.6 million barrels of oil equivalent it produced during the year, ending fiscal 2026 with 27.2 million barrels of proved reserves, an outcome that matters directly to a dividend now in its 52nd consecutive quarter.
Not every part of the business bounced back. Average daily production fell 4% year over year to 6,901 barrels of oil equivalent per day, largely because the flush production from new Chaveroo wells that boosted last year's fourth quarter has since tapered off. Natural gas pricing remained the softest spot in the portfolio, especially at the Jonah Field, where CEO Kelly Loyd said "regional differentials have weighed on realizations" even as broader demand for gas keeps growing. CFO Ryan Stash noted that stronger oil and NGL results helped offset "continued weakness in natural gas realizations, particularly at Jonah."
#barrel
The fourth-quarter turnaround wasn't just about crude. NGL prices realized $32.49 a barrel, up 27% year over year, and because Evolution leaves its NGL production entirely unhedged, every dollar of that gain flowed straight through. That combination of higher liquids pricing, growing production, and the roll-off of a prior-period transportation adjustment at the Delhi Field pushed operating cash flow to $6.8 million in the quarter, nearly double the $3.5 million generated in the third quarter.
Behind the quarterly numbers sits a longer-term shift in how Evolution makes money. The company closed a roughly $16 million acquisition of mineral and royalty acreage in the Permian's Midland Basin after the fiscal year ended, adding about 3,420 net royalty acres and more than 200 barrels of oil equivalent per day of current production, all without Evolution spending a dime on development. That mirrors what's already happening in the SCOOP/STACK play, where fourth-quarter production climbed 14% year over year to 1,275 BOE per day while unit operating costs fell to $10.33 a barrel. Evolution also replaced more than 100% of the 2.6 million barrels of oil equivalent it produced during the year, ending fiscal 2026 with 27.2 million barrels of proved reserves, an outcome that matters directly to a dividend now in its 52nd consecutive quarter.
Not every part of the business bounced back. Average daily production fell 4% year over year to 6,901 barrels of oil equivalent per day, largely because the flush production from new Chaveroo wells that boosted last year's fourth quarter has since tapered off. Natural gas pricing remained the softest spot in the portfolio, especially at the Jonah Field, where CEO Kelly Loyd said "regional differentials have weighed on realizations" even as broader demand for gas keeps growing. CFO Ryan Stash noted that stronger oil and NGL results helped offset "continued weakness in natural gas realizations, particularly at Jonah."
#barrel
16 days ago
While it's extremely difficult to predict a stock market pullback, there are certainly harbingers that the market could be in for a rough ride over the coming month. The September-October period ahead of U.S. mid-term elections is historically a volatile one. In fact, Cantor Fitzgerald notes that the S&P 500 index has fallen by 5% or more during these two months in 15 of the past 24 midterm election cycles.
At the same time, two major market valuation indicators point to stocks being at extremely frothy valuations. The S&P 500 Shiller CAPE (cyclically adjusted price-to-earnings) ratio is at over 40 times for the first time since before the dot.com market crash. The so-called Buffett indicator (U.S. stock market value divided by gross domestic product), named after Warren Buffett, is over 230%, well above the 120% where the market is considered overvalued. Throw in a war and a stressed consumer, and the ingredients for a market pullback are there.
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 »
There is no guarantee of a big market dip, and even if there were one, I wouldn't panic. Instead, I'd view it as a strong buying opportunity. AI has changed the equation, leading to big productivity gains that are just beginning, and stocks are generally cheap on a forward basis. The market today is very different than in the past. The S&P 500 is no longer led by cyclical and financial companies. Instead, it's dominated by large tech companies with strong balance sheets that produce enormous operating cash flow.
Let's look at five exchange-traded funds (ETFs) to scoop up if the market dips in the coming month.
#NVIDIA #time #pullback
At the same time, two major market valuation indicators point to stocks being at extremely frothy valuations. The S&P 500 Shiller CAPE (cyclically adjusted price-to-earnings) ratio is at over 40 times for the first time since before the dot.com market crash. The so-called Buffett indicator (U.S. stock market value divided by gross domestic product), named after Warren Buffett, is over 230%, well above the 120% where the market is considered overvalued. Throw in a war and a stressed consumer, and the ingredients for a market pullback are there.
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 »
There is no guarantee of a big market dip, and even if there were one, I wouldn't panic. Instead, I'd view it as a strong buying opportunity. AI has changed the equation, leading to big productivity gains that are just beginning, and stocks are generally cheap on a forward basis. The market today is very different than in the past. The S&P 500 is no longer led by cyclical and financial companies. Instead, it's dominated by large tech companies with strong balance sheets that produce enormous operating cash flow.
Let's look at five exchange-traded funds (ETFs) to scoop up if the market dips in the coming month.
#NVIDIA #time #pullback
16 days ago
One of the biggest stories in markets this year has been how stubborn inflation remains. Geopolitical tension in the Middle East spurred the Consumer Price Index (CPI) in March, which rose 3.4% year over year in August. However, even before this conflict, the CPI was still well above the Federal Reserve's 2% target.
The market is starting to believe that inflation will stick around for a lot longer than initially expected. This could explain why Treasury yields, particularly for 10-, 20-, and 30-year terms, have risen significantly in the past 12 months. The **** umption is that interest rates will stay elevated for an extended time, at least compared to most of the 2010s.
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 »
Income investors looking to allocate capital are now faced with a crucial decision, one that might have been easier to make in the past. Is it smart to put money in dividend stalwarts, such as Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG)? Or should U.S. government bonds be on your shopping list?
As of this writing on the morning of Sept. 16, the 10-year Treasury yields just under 5%. At the same time, investors can earn more than 5.3% on 20-year and 30-year bonds. For the sake of this **** ysis, I believe it's best to focus on the 10-year Treasury, as this is a reasonable holding period that's also comparable to long-term stock investing.
#time #flashing
The market is starting to believe that inflation will stick around for a lot longer than initially expected. This could explain why Treasury yields, particularly for 10-, 20-, and 30-year terms, have risen significantly in the past 12 months. The **** umption is that interest rates will stay elevated for an extended time, at least compared to most of the 2010s.
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 »
Income investors looking to allocate capital are now faced with a crucial decision, one that might have been easier to make in the past. Is it smart to put money in dividend stalwarts, such as Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG)? Or should U.S. government bonds be on your shopping list?
As of this writing on the morning of Sept. 16, the 10-year Treasury yields just under 5%. At the same time, investors can earn more than 5.3% on 20-year and 30-year bonds. For the sake of this **** ysis, I believe it's best to focus on the 10-year Treasury, as this is a reasonable holding period that's also comparable to long-term stock investing.
#time #flashing
16 days ago
Estes Express Lines is investing nearly $56 million to expand its cross-border and offshore freight network, including terminals, equipment and capacity serving Canada, Mexico, Alaska, Hawaii and Puerto Rico.
Alex Peebles, senior director of offshore and international at Estes, said the privately held, family-owned carrier is taking a longer view of the freight market rather than allowing current conditions to dictate its investment strategy.
"We're really looking at all of these investments from a long-term horizon and viewpoint perspective and one that's going to help accommodate growth and capacity into all the offshore international markets that we service," Peebles told FreightWaves.
Estes, which is celebrating its 95th anniversary this year, is North America's largest privately held less-than-truckload (LTL) freight transportation provider. The company operates a network of over 300 terminals and service centers across the U.S., Puerto Rico, Alaska, Hawaii with coverage extending to Canada, Mexico and the Caribbean
Peebles said the company's ownership structure gives it flexibility to move quickly when real estate and equipment opportunities arise.
#rico
Alex Peebles, senior director of offshore and international at Estes, said the privately held, family-owned carrier is taking a longer view of the freight market rather than allowing current conditions to dictate its investment strategy.
"We're really looking at all of these investments from a long-term horizon and viewpoint perspective and one that's going to help accommodate growth and capacity into all the offshore international markets that we service," Peebles told FreightWaves.
Estes, which is celebrating its 95th anniversary this year, is North America's largest privately held less-than-truckload (LTL) freight transportation provider. The company operates a network of over 300 terminals and service centers across the U.S., Puerto Rico, Alaska, Hawaii with coverage extending to Canada, Mexico and the Caribbean
Peebles said the company's ownership structure gives it flexibility to move quickly when real estate and equipment opportunities arise.
#rico
16 days ago
Elon Musk's ***** eX has been talking, internally, about buying the leftover customer files of startups that already went under. Not licensing data from companies that are still operating and can say no. Buying the digital estate of companies that no longer exist to say anything at all.
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.
#million #buying #still #training