1 month ago
WASHINGTON (AP) — The U.S. military said it attacked a boat suspected of being used to smuggle drugs in the Caribbean Sea on Sunday, killing four people, as the Trump administration continues its yearlong campaign against alleged traffickers in Latin America.
The latest attack brings the number of people who have been killed in boat strikes by the U.S. military to at least 235 in 70 strikes since the Trump administration began targeting those it calls "narcoterrorists" in September 2025. As with most of the military's statements on strikes in the eastern Pacific Ocean and Caribbean Sea, U.S. Southern Command said it targeted the alleged drug traffickers along known smuggling routes.
The military did not provide evidence that the vessel was ferrying drugs. A video posted on X showed what appeared to be an explosion destroying a moving boat, which the military said was a go-fast vessel.
The Trump administration is pursuing deals with allied nations to extend its offensive to land across multiple Latin American countries. Defense Secretary Pete Hegseth said during a visit to Panama in August that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil. Guatemala denied reaching such a deal. Ecuador launched similar missions with the U.S. in March.
President Donald Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the United States and fatal overdoses claiming American lives. But his administration has offered little evidence to support its claims of killing smugglers.
#boat #caribbean
The latest attack brings the number of people who have been killed in boat strikes by the U.S. military to at least 235 in 70 strikes since the Trump administration began targeting those it calls "narcoterrorists" in September 2025. As with most of the military's statements on strikes in the eastern Pacific Ocean and Caribbean Sea, U.S. Southern Command said it targeted the alleged drug traffickers along known smuggling routes.
The military did not provide evidence that the vessel was ferrying drugs. A video posted on X showed what appeared to be an explosion destroying a moving boat, which the military said was a go-fast vessel.
The Trump administration is pursuing deals with allied nations to extend its offensive to land across multiple Latin American countries. Defense Secretary Pete Hegseth said during a visit to Panama in August that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil. Guatemala denied reaching such a deal. Ecuador launched similar missions with the U.S. in March.
President Donald Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the United States and fatal overdoses claiming American lives. But his administration has offered little evidence to support its claims of killing smugglers.
#boat #caribbean
2 months ago
Centrus Energy Corp. (NYSE:LEU) reported on September 17 that it had signed a multi-year contract to supply high-assay low-enriched uranium (HALEU) to Antares Nuclear, with deliveries expected to begin before the end of the decade. Although financial terms were not disclosed, the deal includes prepayments from Antares to help fund Centrus' expanded HALEU capacity.
The deal holds strategic importance as Antares is developing compact microreactors for critical missions on Earth and in ***** e. The company was also recently selected for the U.S. Army's Janus Program, a $2.2 billion initiative to build and operate tiny nuclear reactors on military bases, with the hope that they will one day power remote installations.
Amir Vexler, President and CEO of Centrus Energy, commented:
"This contract is another sign that demand for HALEU is real and it is accelerating, and Centrus is in prime position to meet this need. Binding orders from Antares and others are supporting our expansion to commercial-scale production – an expansion that is now well underway. We look forward to supporting Antares' continued growth and success."
dan-meyers-xXbQIrWH2_A-unsplash
#centrus #haleu
The deal holds strategic importance as Antares is developing compact microreactors for critical missions on Earth and in ***** e. The company was also recently selected for the U.S. Army's Janus Program, a $2.2 billion initiative to build and operate tiny nuclear reactors on military bases, with the hope that they will one day power remote installations.
Amir Vexler, President and CEO of Centrus Energy, commented:
"This contract is another sign that demand for HALEU is real and it is accelerating, and Centrus is in prime position to meet this need. Binding orders from Antares and others are supporting our expansion to commercial-scale production – an expansion that is now well underway. We look forward to supporting Antares' continued growth and success."
dan-meyers-xXbQIrWH2_A-unsplash
#centrus #haleu
2 months ago
GDEV Inc. (NASDAQ:GDEV) saw a year-on-year drop in bookings from both its in-app purchases and advertising, during the second quarter fiscal 2026. Consequently, the quarterly revenue figure of $94 million was down 22% compared to Q2 FY25. On the flip side, SG&A expenses and costs related to platform commissions were lower relative to the corresponding period last year. Along with other factors, the lower cost base helped GDEV report $20 million in net profit, up from $17 million in the second quarter of 2025.
Copyright: artush / 123RF Stock Photo
Breaking down the expenses, selling and marketing costs came down by 38% compared to the same quarter last year, clocking in at $33 million. It reflects on management's continued focus on deploying an efficient approach for its user acquisition initiatives. The approach is based on a more targeted performance marketing across certain channels that lead to durable high-value users, instead of broader campaigns for near-term benefits.
The reported quarter marked a turnaround related to the equity accounted ******* ociates. These contributed a $2 million profit share, which was a reversal from a $2 million loss share in Q2 FY25. Most notably, cash flows from operating activities turned from negative $10 million in Q2 FY25 to positive $10 million in the reported period.
Several operating metrics weakened during the reported quarter. Monthly paying users dropped by 23% year-over-year, along with a 15% decline for the entire first half. This was the major underlying reason for a sluggish performance in bookings, which stood at $73 million and $156 million for the second quarter and first half of the year, respectively. These fell short in comparison to $92 million and $173 million recorded in the corresponding periods last year. GDEV also said the decline in first-half platform commissions was driven by lower revenues recognized from PC platforms, while PC's share of bookings fell to 36% from 39%.
#million #lower
Copyright: artush / 123RF Stock Photo
Breaking down the expenses, selling and marketing costs came down by 38% compared to the same quarter last year, clocking in at $33 million. It reflects on management's continued focus on deploying an efficient approach for its user acquisition initiatives. The approach is based on a more targeted performance marketing across certain channels that lead to durable high-value users, instead of broader campaigns for near-term benefits.
The reported quarter marked a turnaround related to the equity accounted ******* ociates. These contributed a $2 million profit share, which was a reversal from a $2 million loss share in Q2 FY25. Most notably, cash flows from operating activities turned from negative $10 million in Q2 FY25 to positive $10 million in the reported period.
Several operating metrics weakened during the reported quarter. Monthly paying users dropped by 23% year-over-year, along with a 15% decline for the entire first half. This was the major underlying reason for a sluggish performance in bookings, which stood at $73 million and $156 million for the second quarter and first half of the year, respectively. These fell short in comparison to $92 million and $173 million recorded in the corresponding periods last year. GDEV also said the decline in first-half platform commissions was driven by lower revenues recognized from PC platforms, while PC's share of bookings fell to 36% from 39%.
#million #lower
2 months 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
2 months ago
Interested in HCA Healthcare, Inc.? Here are five stocks we like better.
Exchange-related pressure is weighing on HCA's 2026 outlook: The expiration of enhanced tax credits is pushing some patients into uninsured status, with estimated full-year impact of $1 billion to $1.2 billion and slower elective-care utilization.
State supplemental payments and underlying demand provide offsets: HCA expects a $300 million to $500 million net benefit from state programs, while insured business excluding exchange plans grew 3.2% and adjusted admissions increased 2.7% in the second quarter.
HCA is pursuing long-term growth through capacity and efficiency investments: The company is expanding outpatient facilities, improving patient throughput and cost management, and maintaining a target of 4% to 6% long-term revenue growth with stable margins.
Healthcare Added 35,200 Jobs—3 Stocks Positioned to Benefit
#healthcare #Growth
Exchange-related pressure is weighing on HCA's 2026 outlook: The expiration of enhanced tax credits is pushing some patients into uninsured status, with estimated full-year impact of $1 billion to $1.2 billion and slower elective-care utilization.
State supplemental payments and underlying demand provide offsets: HCA expects a $300 million to $500 million net benefit from state programs, while insured business excluding exchange plans grew 3.2% and adjusted admissions increased 2.7% in the second quarter.
HCA is pursuing long-term growth through capacity and efficiency investments: The company is expanding outpatient facilities, improving patient throughput and cost management, and maintaining a target of 4% to 6% long-term revenue growth with stable margins.
Healthcare Added 35,200 Jobs—3 Stocks Positioned to Benefit
#healthcare #Growth
2 months ago
While he stepped down as CEO of Berkshire Hathaway at the end of last year, Warren Buffett's wealth, and thus his portfolio, is still tied to the conglomerate and its stock portfolio. On that end, Berkshire's top-three positions -- consisting of Apple (NASDAQ: AAPL), American Express (NYSE: AXP), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) (Nasdaq) -- make up more than half of its equity portfolio.
All three are strong compounding businesses with wide moats, but which looks like the best of the group to buy today? Let's take a look at each.
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 »
Apple is Berkshire's largest holding, making up about 22% of its portfolio. The stock is a Buffett favorite because it has one of the best compounding business models out there.
Apple, of course, is best known for its iPhone and other devices. Smartphones and computers tend to have very predictable replacement cycles, which creates an almost recurring type of revenue stream for the company. However, the beauty of the business stems from its closed-garden ecosystem that helps lock in consumers, from which it then collects high-margin service revenue. This revenue comes from a variety of sources, including a search revenue-sharing deal with Alphabet, commissions on app downloads, Apple Pay, and subscriptions for things like cloud storage.
#NASDAQ #revenue #best #alphabet
All three are strong compounding businesses with wide moats, but which looks like the best of the group to buy today? Let's take a look at each.
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 »
Apple is Berkshire's largest holding, making up about 22% of its portfolio. The stock is a Buffett favorite because it has one of the best compounding business models out there.
Apple, of course, is best known for its iPhone and other devices. Smartphones and computers tend to have very predictable replacement cycles, which creates an almost recurring type of revenue stream for the company. However, the beauty of the business stems from its closed-garden ecosystem that helps lock in consumers, from which it then collects high-margin service revenue. This revenue comes from a variety of sources, including a search revenue-sharing deal with Alphabet, commissions on app downloads, Apple Pay, and subscriptions for things like cloud storage.
#NASDAQ #revenue #best #alphabet
2 months ago
On September 8, 2026, Reuters reported that NIKE, Inc. (NYSE:NKE) shareholders rejected a proposal urging greater transparency on how the company plans to meet its 2030 emissions-reduction targets, despite support from Norway's sovereign wealth fund, Nike's 11th-largest shareholder.
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.
#reduction #elliott #greater
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.
#reduction #elliott #greater
2 months ago
At the Cascale annual meeting in Athens on Wednesday, Asif Khan, executive director of supply chain and sustainability at Mondetta, acknowledged the central conflict undercutting fashion's green ambitions: while sustainability demands a long-term sourcing strategy, brands rely entirely on the ability to pivot at a moment's notice.
It's a commercial reality that constrains companies such as his, Khan admitted. Navigating a volatile environment shaped by fast-changing consumer demands, evolving trends and geopolitical instability, brands are unable to offer the multi-year purchasing guarantees that factories need to justify significant capital investments, he said.
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#Sustainability #asif
It's a commercial reality that constrains companies such as his, Khan admitted. Navigating a volatile environment shaped by fast-changing consumer demands, evolving trends and geopolitical instability, brands are unable to offer the multi-year purchasing guarantees that factories need to justify significant capital investments, he said.
More from WWD
Cascale Wants to Put the 'Collective' Back in Collective Action
As Fashion's Emissions Rise for Second Straight Year, Aii Knows What Needs to Change
#Sustainability #asif
2 months ago
Once upon a time, the 'space race' meant the grand strategic competition between the USA and the USSR to gain control of the heavens. The superpowers designed and built satellites, manned capsules, orbital **** ecraft and long-endurance **** e stations, and NASA even sent the Apollo landers to put men on the Moon.
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
Today, the **** e race is heating up again, but in a very different way. Yes, the governments are still involved – NASA's Artemis program is targeting the Moon, the Russians have a Soyuz escape ship docked at the International **** e Station, and other powers such as the EU, China, and India have large-scale **** e programs. But the real difference – and a lot of the innovation – is coming from commercial players working alongside government **** e agencies.
This past summer, Elon Musk's **** eX went public, in Wall Street's largest ever IPO. The company is pioneering reusable large rockets, and has already made history with privately launched and/or publicly funded missions of the Falcon 9 rocket and Crew Dragon capsule.
Promotion
55% Off TipRanks
#once
2 months ago
The CoinEx crypto exchange is shutting down its operations after nine years, citing a "prolonged" crypto market downturn, shrinking trading activity and rising compliance costs across major jurisdictions.
The exchange said the wind-down will begin on Sep. 15, with services being withdrawn in stages before the platform closes completely on Dec. 22.
Related: Coinbase CEO doubles down on bullish Bitcoin target
CoinEx will immediately stop new user registrations, referral commissions and several new product subscriptions. Futures markets are moving into reduce-only mode, while no new orders will be accepted for margin trading, loans, staking, earn products and several other services.
All non-spot services are scheduled to end on Sep. 22. On-chain deposits will also close that day, with the exception of deposits in CoinEx Token, or CET, which will remain available until Sep. 29.
#Services #exchange #trading
The exchange said the wind-down will begin on Sep. 15, with services being withdrawn in stages before the platform closes completely on Dec. 22.
Related: Coinbase CEO doubles down on bullish Bitcoin target
CoinEx will immediately stop new user registrations, referral commissions and several new product subscriptions. Futures markets are moving into reduce-only mode, while no new orders will be accepted for margin trading, loans, staking, earn products and several other services.
All non-spot services are scheduled to end on Sep. 22. On-chain deposits will also close that day, with the exception of deposits in CoinEx Token, or CET, which will remain available until Sep. 29.
#Services #exchange #trading
2 months ago
Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval
2 months ago
Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Allison Transmission Holdings, Inc. (NYSE:ALSN). Allison Transmission Holdings, Inc. (NYSE:ALSN) is a manufacturer of commercial-duty automatic transmissions and hybrid propulsion systems for medium- and heavy-duty vehicles. On September 14, 2026, Allison Transmission Holdings, Inc. (NYSE:ALSN) closed at $123.49 per share. Over the past month, Allison Transmission Holdings, Inc. (NYSE:ALSN) declined 1.56%, but its shares are up 40.84% over the past year. Allison Transmission Holdings, Inc. (NYSE:ALSN) has a market capitalization of $10.2 billion, and its stock has traded within a 52-week range of $76.01 to $137.62.
Fidelity Dividend Growth Fund stated the following regarding Allison Transmission Holdings, Inc. (NYSE:ALSN) in its Q2 2026 investor letter:
"Elsewhere in the industrials sector, Allison Transmission Holdings, Inc. (NYSE:ALSN) was another meaningful overweight at the end of June. This provider of automatic transmissions for medium- and heavy-duty vehicles has continued to benefit from accelerating industrial activity, driven by federal support for infrastructure and onshoring. In January, the company completed a major acquisition with the purchase of the Off-Highway Drive & Motion Systems business of Dana Incorporated, a leading provider of drivetrain and propulsion solutions. We like the prospects for this acquisition."
Allison Transmission Holdings, Inc. (NYSE:ALSN) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Allison Transmission Holdings, Inc. (NYSE:ALSN) at the end of the second quarter, which was 44 in the previous quarter. While we acknowledge the potential of Allison Transmission Holdings, Inc. (NYSE:ALSN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely underval
2 months ago
Ocean Power Technologies Inc (NYSE-A:OPTT) reported first-quarter fiscal 2027 revenue of $1.7 million, up 44% from a year earlier, as the company expanded its work with US defense and security customers and moved forward with a strategic review process.
Ocean Power Technologies ran three PowerBuoy systems off Southern California for a U.S. Department of Homeland Security maritime domain awareness program, integrated with Anduril's Lattice platform and including a deployment beyond 1,000 meters depth, calling it the company's largest deployment and recurring revenue contract to date.
Ocean Power Technologies also deployed a PowerBuoy system off New Jersey for Rutgers University and delivered a WAM-V unmanned surface vehicle to Stevens Institute of Technology within five weeks of receiving the order.
The company demonstrated autonomous docking, charging and redeployment of a WAM-V, a capability it is working to integrate with the PowerBuoy platform to support longer autonomous missions. It also acquired subsea developmental technology ****** ets from Columbia Power Technologies, extending its capabilities from the ocean surface to the seabed.
Ocean Power Technologies achieved Cybersecurity Maturity Model Certification Level 2 compliance, positioning it to pursue defense programs requiring protection of controlled unclassified information. After the quarter ended, the company was selected as one of six potential awardees under a $40 million multiple-award contract supporting the Naval Oceanographic Office, creating an opportunity to compete for ocean-floor mapping task orders using unmanned surface vehicles.
#ocean #power #technologies #powerbuoy
Ocean Power Technologies ran three PowerBuoy systems off Southern California for a U.S. Department of Homeland Security maritime domain awareness program, integrated with Anduril's Lattice platform and including a deployment beyond 1,000 meters depth, calling it the company's largest deployment and recurring revenue contract to date.
Ocean Power Technologies also deployed a PowerBuoy system off New Jersey for Rutgers University and delivered a WAM-V unmanned surface vehicle to Stevens Institute of Technology within five weeks of receiving the order.
The company demonstrated autonomous docking, charging and redeployment of a WAM-V, a capability it is working to integrate with the PowerBuoy platform to support longer autonomous missions. It also acquired subsea developmental technology ****** ets from Columbia Power Technologies, extending its capabilities from the ocean surface to the seabed.
Ocean Power Technologies achieved Cybersecurity Maturity Model Certification Level 2 compliance, positioning it to pursue defense programs requiring protection of controlled unclassified information. After the quarter ended, the company was selected as one of six potential awardees under a $40 million multiple-award contract supporting the Naval Oceanographic Office, creating an opportunity to compete for ocean-floor mapping task orders using unmanned surface vehicles.
#ocean #power #technologies #powerbuoy
2 months ago
McLaren Automotive has announced a £500m investment programme to expand its UK manufacturing, engineering and operations, enabling it to accelerate the development of its next generation of models.
The investment forms part of a larger commitment from McLaren Automotive shareholder L'IMAD, a sovereign investor of the Government of Abu Dhabi, and reinforces McLaren's commitment to Britain, where Bruce McLaren founded the company in 1963.
Expanding McLaren Automotive in the UK
The company said the investment will enable McLaren Automotive to expand its production capability, increasing vehicle output to ensure the next generation of McLaren Automotive cars are built in Britain 'including a newly confirmed performance SUV'. This will be made possible by a new vehicle ****** embly facility planned in the UK.
For the first time in its history, McLaren Automotive's future powertrains will be designed and built in-house, starting with two new engines and transmissions. This will support the company's hybrid engine strategy, building on McLaren Automotive's use of hybrid technology, which started with the McLaren P1.
#next
The investment forms part of a larger commitment from McLaren Automotive shareholder L'IMAD, a sovereign investor of the Government of Abu Dhabi, and reinforces McLaren's commitment to Britain, where Bruce McLaren founded the company in 1963.
Expanding McLaren Automotive in the UK
The company said the investment will enable McLaren Automotive to expand its production capability, increasing vehicle output to ensure the next generation of McLaren Automotive cars are built in Britain 'including a newly confirmed performance SUV'. This will be made possible by a new vehicle ****** embly facility planned in the UK.
For the first time in its history, McLaren Automotive's future powertrains will be designed and built in-house, starting with two new engines and transmissions. This will support the company's hybrid engine strategy, building on McLaren Automotive's use of hybrid technology, which started with the McLaren P1.
#next
2 months ago
Changing jobs is looking lucrative again.
Base pay for job changers in the private sector increased 4.7% in August, compared to 3% for job stayers, according to the latest report from payroll provider ADP.
When you consider gross pay, which includes tips, commissions, and bonuses, wages for job stayers rose 4.4% year over year, while gross pay for job changers increased substantially more: 7.3%.
In another recent report, the job-jumping news was just as promising.
The median pay increase for workers switching jobs rose to 5% last month from 4.4% in July, according to new data from the Atlanta Fed. For those who stay put, the average pay increase was 3.6%, the same as in July.
#Jobs #rose
Base pay for job changers in the private sector increased 4.7% in August, compared to 3% for job stayers, according to the latest report from payroll provider ADP.
When you consider gross pay, which includes tips, commissions, and bonuses, wages for job stayers rose 4.4% year over year, while gross pay for job changers increased substantially more: 7.3%.
In another recent report, the job-jumping news was just as promising.
The median pay increase for workers switching jobs rose to 5% last month from 4.4% in July, according to new data from the Atlanta Fed. For those who stay put, the average pay increase was 3.6%, the same as in July.
#Jobs #rose
2 months ago
Even though the Missions began Sunday on a seven-game losing streak, the team found a way to close out the 2026 season on a high note.
The Missions defeated the Amarillo Sod Poodles, 11-10, in their final game of the 2026 season.
"It was a nice win to wrap up the season," Missions manager Chris Tremie said.
Kerrington Cross recorded his first Double-A home run to put the Missions up 2-0 in the first inning. Justin DeCriscio also hit his first home run at the Double-A level to give San Antonio a 11-5 lead in the eighth inning. Missions reliever Carlos Medina allowed two runs in the ninth inning, but a line out to third base sealed the win for San Antonio.
The Missions finished the second half of the season with a 28-41 record. Overall, San Antonio went 59-79 in the entire 2026 season. The Missions last reached the postseason in 2023.
#missions #inning #even
The Missions defeated the Amarillo Sod Poodles, 11-10, in their final game of the 2026 season.
"It was a nice win to wrap up the season," Missions manager Chris Tremie said.
Kerrington Cross recorded his first Double-A home run to put the Missions up 2-0 in the first inning. Justin DeCriscio also hit his first home run at the Double-A level to give San Antonio a 11-5 lead in the eighth inning. Missions reliever Carlos Medina allowed two runs in the ninth inning, but a line out to third base sealed the win for San Antonio.
The Missions finished the second half of the season with a 28-41 record. Overall, San Antonio went 59-79 in the entire 2026 season. The Missions last reached the postseason in 2023.
#missions #inning #even
2 months ago
Lyft, Inc. (NASDAQ:LYFT) has begun offering Waymo's fully autonomous robotaxi rides directly through its app in Nashville, marking the first market where Waymo vehicles can be booked through both the Waymo and Lyft apps. Lyft users requesting Standard, Priority Pickup, Wait & Save, or Extra Comfort rides within the designated Nashville service area can be matched with a Waymo vehicle at no additional cost.
The rollout also gives Lyft a larger role in the autonomous-vehicle ecosystem through its Flexdrive subsidiary, which will manage charging, cleaning and maintenance for Waymo's fleet. Reuters previously reported that the Nashville partnership was intended to become Waymo's first commercial deployment through Lyft's ride-hailing network.
paul-hanaoka-D-qq7W751vs-unsplash
The partnership could strengthen Lyft, Inc. (NASDAQ:LYFT)'s long-term position in a ride-hailing industry that is increasingly moving toward autonomous vehicles. Rather than spending heavily to develop its own robotaxi technology, Lyft can leverage Waymo's autonomous-driving capabilities while providing the customer base, app infrastructure, and fleet-management services needed to put those vehicles to work. This ****** et-light approach could allow Lyft to participate in the growth of robotaxis without bearing the enormous technological costs and risks ****** ociated with developing a self-driving system internally.
The bigger opportunity is Flexdrive. Lyft is not simply sending customers to Waymo; its subsidiary is taking responsibility for keeping Waymo vehicles operational in Nashville. Lyft says its new 80,000-square-foot facility will support more than 70 full-time positions and help optimize vehicle availability. If this operating model proves successful, Lyft could potentially become a valuable infrastructure and fleet-management partner as Waymo expands into additional markets. That would give Lyft another potential revenue opportunity beyond traditional ride commissions.
#vehicle #fleet #ride #NASDAQ
The rollout also gives Lyft a larger role in the autonomous-vehicle ecosystem through its Flexdrive subsidiary, which will manage charging, cleaning and maintenance for Waymo's fleet. Reuters previously reported that the Nashville partnership was intended to become Waymo's first commercial deployment through Lyft's ride-hailing network.
paul-hanaoka-D-qq7W751vs-unsplash
The partnership could strengthen Lyft, Inc. (NASDAQ:LYFT)'s long-term position in a ride-hailing industry that is increasingly moving toward autonomous vehicles. Rather than spending heavily to develop its own robotaxi technology, Lyft can leverage Waymo's autonomous-driving capabilities while providing the customer base, app infrastructure, and fleet-management services needed to put those vehicles to work. This ****** et-light approach could allow Lyft to participate in the growth of robotaxis without bearing the enormous technological costs and risks ****** ociated with developing a self-driving system internally.
The bigger opportunity is Flexdrive. Lyft is not simply sending customers to Waymo; its subsidiary is taking responsibility for keeping Waymo vehicles operational in Nashville. Lyft says its new 80,000-square-foot facility will support more than 70 full-time positions and help optimize vehicle availability. If this operating model proves successful, Lyft could potentially become a valuable infrastructure and fleet-management partner as Waymo expands into additional markets. That would give Lyft another potential revenue opportunity beyond traditional ride commissions.
#vehicle #fleet #ride #NASDAQ
2 months ago
Harvey Elliott went to Valencia in search of calm, minutes and the sort of fresh start that can rescue a career from drift. Instead, as Liverpool.com reports, he has arrived in the middle of turbulence, and for a young footballer trying to rebuild belief, that can be a cruel place to begin again.
The move to Spain felt, on the surface, like a sensible answer to a difficult year. Elliott had returned from an underwhelming loan at Aston Villa, a spell that promised more than it delivered, and came back to Liverpool needing clarity. Under Andoni Iraola, opportunities in pre-season were there in glimpses, but the direction of travel soon became obvious. He was not an obvious fit and early omissions from matchday squads told their own story.
So Valencia offered possibility. A big club, a demanding crowd, a league that can reward intelligence and craft, it seemed a place where Elliott might reconnect with the qualities that once made him such an exciting young midfielder. Yet football has a habit of mocking tidy plans.
IMAGO | Anfield Index
Valencia are bottom of La Liga after five matches, with only one draw to show for them. Supporters are restless, results are poor and the mood has soured quickly. Elliott, still working his way towards full sharpness, has managed only two substitute appearances. That was already a delicate situation. It has now become even more unstable.
#valencia #place #obvious
The move to Spain felt, on the surface, like a sensible answer to a difficult year. Elliott had returned from an underwhelming loan at Aston Villa, a spell that promised more than it delivered, and came back to Liverpool needing clarity. Under Andoni Iraola, opportunities in pre-season were there in glimpses, but the direction of travel soon became obvious. He was not an obvious fit and early omissions from matchday squads told their own story.
So Valencia offered possibility. A big club, a demanding crowd, a league that can reward intelligence and craft, it seemed a place where Elliott might reconnect with the qualities that once made him such an exciting young midfielder. Yet football has a habit of mocking tidy plans.
IMAGO | Anfield Index
Valencia are bottom of La Liga after five matches, with only one draw to show for them. Supporters are restless, results are poor and the mood has soured quickly. Elliott, still working his way towards full sharpness, has managed only two substitute appearances. That was already a delicate situation. It has now become even more unstable.
#valencia #place #obvious
2 months ago
By Susan Heavey
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
2 months ago
FIRST ON FOX: Roy Cooper, the former North Carolina governor and a Democratic candidate for the Senate, believes his party should incorporate a big-tent approach to an emerging wave of socialist candidates backed by the Democratic Socialists of America (DSA).
When asked if he would sign the Promise to America, a repudiation of socialist stances put out by moderate Democrats, Cooper said he wouldn't.
"I don't see any need to," Cooper said in video footage obtained by Fox News Digital.
"I think the party needs a wide spectrum, particularly at a time when the Republican Party is shrinking and having all kinds of loyalty tests. I think we need to have all kinds of folks to be a part of our party."
Florida Board Votes To Ban Illegal Immigrants From Public College Admissions
#America #socialist #need #think
When asked if he would sign the Promise to America, a repudiation of socialist stances put out by moderate Democrats, Cooper said he wouldn't.
"I don't see any need to," Cooper said in video footage obtained by Fox News Digital.
"I think the party needs a wide spectrum, particularly at a time when the Republican Party is shrinking and having all kinds of loyalty tests. I think we need to have all kinds of folks to be a part of our party."
Florida Board Votes To Ban Illegal Immigrants From Public College Admissions
#America #socialist #need #think
2 months ago
Hole-in-one: Brentwood ― Leela Clark, No. 5, 111 yards, 9-iron.
How to report results
The Times-Union accepts submissions for holes-in-one, eagles on par-4 holes, double-eagles, matching or beating your age, course records and career lows. Tournament results accepted are areawide events, club, and men's and women's ****** ociations. Calendar items may include charitable events. Results must contain first and last names, scores (indicating gross or net) and the format. Email submissions to gsmitsgannett.com.
Sept. 4-6: Junior Players Championship, Players Stadium Course at TPC Sawgrass. Visit ajga.org.
Sept. 5-6: Walker Cup, Lahinch Golf Club, Ireland.
#course #Eagles #Events
How to report results
The Times-Union accepts submissions for holes-in-one, eagles on par-4 holes, double-eagles, matching or beating your age, course records and career lows. Tournament results accepted are areawide events, club, and men's and women's ****** ociations. Calendar items may include charitable events. Results must contain first and last names, scores (indicating gross or net) and the format. Email submissions to gsmitsgannett.com.
Sept. 4-6: Junior Players Championship, Players Stadium Course at TPC Sawgrass. Visit ajga.org.
Sept. 5-6: Walker Cup, Lahinch Golf Club, Ireland.
#course #Eagles #Events
2 months ago
Median pay raises outpaced inflation year over year in all 56 metros ADP Research tracks.
Workers in Buffalo, New York, had the highest growth in total wages, with a 6.4% year-over-year increase.
Construction workers have consistently received higher pay raises than workers in any other industry this year.
American paychecks have outpaced rising prices this past year in every city ADP tracks.
Workers in Buffalo, New York, had the largest pay raises among the 56 cities, according to ADP Research, the payroll processing company's ******* ytics arm. In August, wages for Buffalo workers grew by 6.4% from the same time last year. ADP's figures are for gross pay, which includes overtime, bonuses, commissions, and tips.
#buffalo #york #tracks #wages
Workers in Buffalo, New York, had the highest growth in total wages, with a 6.4% year-over-year increase.
Construction workers have consistently received higher pay raises than workers in any other industry this year.
American paychecks have outpaced rising prices this past year in every city ADP tracks.
Workers in Buffalo, New York, had the largest pay raises among the 56 cities, according to ADP Research, the payroll processing company's ******* ytics arm. In August, wages for Buffalo workers grew by 6.4% from the same time last year. ADP's figures are for gross pay, which includes overtime, bonuses, commissions, and tips.
#buffalo #york #tracks #wages
2 months ago
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter.
Humboldt Merchant Services, an independent sales organization that focuses on payment processing for gambling and adult entertainment, agreed Tuesday to pay $12 million to settle a Federal Trade Commission lawsuit alleging it handled payments for "sham merchant accounts."
Humboldt "processed payments for more than 1,000 merchants that were shell entities that served as fronts or pass-throughs for fraudulent companies engaged in unauthorized billing scams," the Federal Trade Commission said in a Tuesday press release announcing its lawsuit and concurrent settlement agreement.
Humboldt is the business name of 5967 Ventures, a company based in Tempe, Arizona, with an affiliated office in Troy, Michigan, according to the FTC's lawsuit, which was filed Tuesday against 5967 Ventures in the U.S. District Court of Eastern Michigan. The agency filed the settlement agreement at the same time for court approval.
In a statement Tuesday, Humboldt said the agreement "formalizes many processes and controls already put into place," and will close the matter "with no admissions of wrongdoing."
#humboldt #payments
Humboldt Merchant Services, an independent sales organization that focuses on payment processing for gambling and adult entertainment, agreed Tuesday to pay $12 million to settle a Federal Trade Commission lawsuit alleging it handled payments for "sham merchant accounts."
Humboldt "processed payments for more than 1,000 merchants that were shell entities that served as fronts or pass-throughs for fraudulent companies engaged in unauthorized billing scams," the Federal Trade Commission said in a Tuesday press release announcing its lawsuit and concurrent settlement agreement.
Humboldt is the business name of 5967 Ventures, a company based in Tempe, Arizona, with an affiliated office in Troy, Michigan, according to the FTC's lawsuit, which was filed Tuesday against 5967 Ventures in the U.S. District Court of Eastern Michigan. The agency filed the settlement agreement at the same time for court approval.
In a statement Tuesday, Humboldt said the agreement "formalizes many processes and controls already put into place," and will close the matter "with no admissions of wrongdoing."
#humboldt #payments
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2 months ago
Below are the stat leaders from across the Houston high school football scene, compiled through MaxPreps and coach submissions. ***** ulative season stats and any updates, corrections or additions can be sent to jpoormanhoustonchronicle.com.
Note: Players whose stats are not updated through the current week are not included.
There's more to Houston with the Chronicle. Subscribe today for just 25¢.
This article originally published at Texas high school football: Houston-area stat leaders after Week 2.
#week #stat #Football
Note: Players whose stats are not updated through the current week are not included.
There's more to Houston with the Chronicle. Subscribe today for just 25¢.
This article originally published at Texas high school football: Houston-area stat leaders after Week 2.
#week #stat #Football
2 months ago
By Jack Queen
NEW YORK, Sept 3 (Reuters) - President Donald Trump's administration on Thursday proposed new regulations that would strip schools of tax-exempt status if they offer students that consider race in admissions or programs.
The rules proposed by the U.S. Treasury Department and Internal Revenue Service are the latest salvo in the administration's campaign to eradicate diversity programs and end what officials say is discrimination against white students in favor of students of color.
Civil rights advocates say diversity practices help address historic inequities for marginalized ethnic minorities who were legally discriminated against for decades.
The proposal, which is subject to a public comment period and would likely draw legal challenges if implemented, draws on recent U.S. Supreme Court rulings that limited how colleges and universities can consider race in admissions.
#consider #race #admissions #queen
NEW YORK, Sept 3 (Reuters) - President Donald Trump's administration on Thursday proposed new regulations that would strip schools of tax-exempt status if they offer students that consider race in admissions or programs.
The rules proposed by the U.S. Treasury Department and Internal Revenue Service are the latest salvo in the administration's campaign to eradicate diversity programs and end what officials say is discrimination against white students in favor of students of color.
Civil rights advocates say diversity practices help address historic inequities for marginalized ethnic minorities who were legally discriminated against for decades.
The proposal, which is subject to a public comment period and would likely draw legal challenges if implemented, draws on recent U.S. Supreme Court rulings that limited how colleges and universities can consider race in admissions.
#consider #race #admissions #queen
2 months ago
CAPE CANAVERAL, Fla. (AP) — A private **** ecraft that was supposed to provide a lifeline to NASA's Swift Observatory managed to get close to the sinking telescope and even snap photos two weeks after the rescue was abandoned.
But the three-armed robotic salvager had to turn away because it was low on fuel, according to Katalyst **** e Technologies, which attempted the daring operation.
"We got so close, but so far," Katalyst CEO Ghonhee Lee told The **** ociated Press this week.
Katalyst's Link **** ecraft got within 15 kilometers (9 miles) of Swift on Tuesday, using its sensors to gather data on the doomed telescope for NASA. The rescue effort had already been called off in August because of Link's own troubles in orbit, but the company wanted the practice for future satellite-servicing missions.
Link went into an uncontrollable spin soon after rocketing to Swift's rescue in July. Flight controllers managed to slow the tumble and stabilize the **** ecraft, using up precious fuel. In the end, there was not enough fuel remaining to boost the aging Swift into a higher, longer-lasting orbit so it could continue observing the cosmos.
#rescue #link #close #telescope
But the three-armed robotic salvager had to turn away because it was low on fuel, according to Katalyst **** e Technologies, which attempted the daring operation.
"We got so close, but so far," Katalyst CEO Ghonhee Lee told The **** ociated Press this week.
Katalyst's Link **** ecraft got within 15 kilometers (9 miles) of Swift on Tuesday, using its sensors to gather data on the doomed telescope for NASA. The rescue effort had already been called off in August because of Link's own troubles in orbit, but the company wanted the practice for future satellite-servicing missions.
Link went into an uncontrollable spin soon after rocketing to Swift's rescue in July. Flight controllers managed to slow the tumble and stabilize the **** ecraft, using up precious fuel. In the end, there was not enough fuel remaining to boost the aging Swift into a higher, longer-lasting orbit so it could continue observing the cosmos.
#rescue #link #close #telescope
2 months ago
(This Sept 2 story has been republished, with no changes to text.)
By David Shepardson
WASHINGTON, Sept 2 (Reuters) - A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress.
The four waivers sent by the EPA to Congress for review granted California authority to enact its own emission standards for cars and trucks as well as lawn-and-garden equipment. The Trump administration has mounted a multi-pronged effort to deny California the ability to require cleaner and more electric vehicles. The EPA and Congress have also enacted rules making it easier for automakers to sell more gas-powered cars and trucks, while making it more expensive to buy EVs.
If the Trump administration is successful, it would bar California indefinitely from regulating tailpipe emissions and a future Democratic president would be unable to easily reinstate its regulatory powers.
#sept #cars
By David Shepardson
WASHINGTON, Sept 2 (Reuters) - A judge in Washington on Wednesday blocked the U.S. Environmental Protection Agency from sending landmark California vehicle emissions rules for a potential repeal to the Republican-controlled Congress.
The four waivers sent by the EPA to Congress for review granted California authority to enact its own emission standards for cars and trucks as well as lawn-and-garden equipment. The Trump administration has mounted a multi-pronged effort to deny California the ability to require cleaner and more electric vehicles. The EPA and Congress have also enacted rules making it easier for automakers to sell more gas-powered cars and trucks, while making it more expensive to buy EVs.
If the Trump administration is successful, it would bar California indefinitely from regulating tailpipe emissions and a future Democratic president would be unable to easily reinstate its regulatory powers.
#sept #cars
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The U.S. ETF industry is pushing back against the Securities and Exchange Commission's (SEC) broad review of "novel ETFs."
ETF professionals argue an overly wide definition could slow product launches and undermine one of the market's biggest advantages, even as increasingly complex funds test the boundaries of the traditional ETF structure, per a Reuters report.
The SEC opened the review in June after delaying a wave of proposed prediction-market ETFs. Its request covers ETFs that invest in innovative ***** et classes or use unconventional strategies and asks whether existing rules adequately address investor protection, market integrity, and the registration process.
More than 20 industry participants submitted comments around the Aug. 31 deadline, with the docket showing submissions from Charles Schwab, Franklin Templeton, Jane Street, Cboe Global Markets, Grayscale Investments, 21Shares, Andreessen Horowitz and Kalshi.
#industry #finance #securities #june
The U.S. ETF industry is pushing back against the Securities and Exchange Commission's (SEC) broad review of "novel ETFs."
ETF professionals argue an overly wide definition could slow product launches and undermine one of the market's biggest advantages, even as increasingly complex funds test the boundaries of the traditional ETF structure, per a Reuters report.
The SEC opened the review in June after delaying a wave of proposed prediction-market ETFs. Its request covers ETFs that invest in innovative ***** et classes or use unconventional strategies and asks whether existing rules adequately address investor protection, market integrity, and the registration process.
More than 20 industry participants submitted comments around the Aug. 31 deadline, with the docket showing submissions from Charles Schwab, Franklin Templeton, Jane Street, Cboe Global Markets, Grayscale Investments, 21Shares, Andreessen Horowitz and Kalshi.
#industry #finance #securities #june
2 months ago
Intuitive Machines (NASDAQ: LUNR), a developer of lunar landers and exploration vehicles, doesn't usually get as much attention as bigger ***** e stocks like ***** eX (NASDAQ: SPCX). But over the past two years, Intuitive's stock has nearly tripled.
Most of that rally was driven by the expansion of its partnership with NASA, which now includes seven lunar, orbital satellite, and science missions. Let's take a closer look at that manifest -- and see if its stock is still worth chasing after its astronomical gains.
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 »
Intuitive Machines' manifest for NASA includes five lunar surface delivery missions (IM-1 to IM-5) and the production of two satellite buses (IM 300 and IM 500) for orbital science missions.
It has launched two lunar lander missions for NASA so far: IM-1 in 2024 and IM-2 in 2025. Both landers tipped over after arriving on the moon, but they successfully transmitted some data back to NASA before their solar panels ran out of power. Though imperfect, IM-1 marked NASA's first successful moon landing since 1972, and it strengthened Intuitive's relationship with NASA.
#NVIDIA #intuitive #landers
Most of that rally was driven by the expansion of its partnership with NASA, which now includes seven lunar, orbital satellite, and science missions. Let's take a closer look at that manifest -- and see if its stock is still worth chasing after its astronomical gains.
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 »
Intuitive Machines' manifest for NASA includes five lunar surface delivery missions (IM-1 to IM-5) and the production of two satellite buses (IM 300 and IM 500) for orbital science missions.
It has launched two lunar lander missions for NASA so far: IM-1 in 2024 and IM-2 in 2025. Both landers tipped over after arriving on the moon, but they successfully transmitted some data back to NASA before their solar panels ran out of power. Though imperfect, IM-1 marked NASA's first successful moon landing since 1972, and it strengthened Intuitive's relationship with NASA.
#NVIDIA #intuitive #landers
2 months ago
On August 25, Electromed (NASDAQ:ELMD) reported fiscal fourth-quarter results that extended a streak few small-cap medical device companies can claim: fifteen consecutive quarters of year-over-year revenue and profit growth. Net revenue hit a record $19.4 million, up 11.6% from a year earlier, and diluted earnings per share climbed to $0.39 from $0.25. Those headline numbers look clean, but they arrive alongside a leadership change and a hospital business moving in the opposite direction, which makes the quarter more complicated than the growth streak suggests.
Home care is still the whole story here. Home care revenue reached $17.7 million in the quarter, up 15.2% year over year, and for the full fiscal year it grew 16.3% to $66.6 million. That growth is coming from efficiency, not just headcount: on an annualized basis, home care revenue worked out to $1,145,000 per rep, above the company's own target range of $1 million to $1.1 million. Electromed ended the year with 64 direct sales reps and is targeting 67 filled territories for fiscal 2027, including two hospital account liaisons meant to catch patients as they move from acute care into home-based therapy.
The addressable market behind that growth still looks large. Management estimates roughly 1 million people in the U.S. carry a bronchiectasis diagnosis, yet only about 16% currently use high-frequency chest wall oscillation therapy, leaving close to 800,000 diagnosed patients untreated, plus more than 4 million additional people who may have the condition without a diagnosis at all. Payer access has kept pace with that opportunity.
Electromed closed the fiscal year with 87% of US covered lives under contract after signing 40 new payer agreements and adding 6 million covered lives. Its Smart Order e-prescribing tool handled 45% of fourth-quarter orders and shipped them noticeably faster than fax submissions, which matters as CMS rules phase out fax-based ordering by May 2028. All of this sits on a debt-free balance sheet, with cash growing to $20.5 million even after $3.9 million in share repurchases during the year.
The weaker spots are easy to miss next to those numbers. Hospital revenue fell 29% in the fourth quarter, which CEO James Cunniff attributed to a sales cycle that is "inherently less predictable than our other channels." The distributor channel grew just 2% in the quarter, and combined, the non-home care business grew only 6.7% for the full year versus 16.3% in home care, meaning nearly all of Electromed's growth is coming from one channel. SG&A expenses rose 8.7% to $42.7 million for the year, driven mainly by higher sales, marketing, and reimbursement compensation, and accounts receivable climbed to $29.8 million from $24.7 million as the business scaled up.
#quarter #Growth #electromed #hospital
Home care is still the whole story here. Home care revenue reached $17.7 million in the quarter, up 15.2% year over year, and for the full fiscal year it grew 16.3% to $66.6 million. That growth is coming from efficiency, not just headcount: on an annualized basis, home care revenue worked out to $1,145,000 per rep, above the company's own target range of $1 million to $1.1 million. Electromed ended the year with 64 direct sales reps and is targeting 67 filled territories for fiscal 2027, including two hospital account liaisons meant to catch patients as they move from acute care into home-based therapy.
The addressable market behind that growth still looks large. Management estimates roughly 1 million people in the U.S. carry a bronchiectasis diagnosis, yet only about 16% currently use high-frequency chest wall oscillation therapy, leaving close to 800,000 diagnosed patients untreated, plus more than 4 million additional people who may have the condition without a diagnosis at all. Payer access has kept pace with that opportunity.
Electromed closed the fiscal year with 87% of US covered lives under contract after signing 40 new payer agreements and adding 6 million covered lives. Its Smart Order e-prescribing tool handled 45% of fourth-quarter orders and shipped them noticeably faster than fax submissions, which matters as CMS rules phase out fax-based ordering by May 2028. All of this sits on a debt-free balance sheet, with cash growing to $20.5 million even after $3.9 million in share repurchases during the year.
The weaker spots are easy to miss next to those numbers. Hospital revenue fell 29% in the fourth quarter, which CEO James Cunniff attributed to a sales cycle that is "inherently less predictable than our other channels." The distributor channel grew just 2% in the quarter, and combined, the non-home care business grew only 6.7% for the full year versus 16.3% in home care, meaning nearly all of Electromed's growth is coming from one channel. SG&A expenses rose 8.7% to $42.7 million for the year, driven mainly by higher sales, marketing, and reimbursement compensation, and accounts receivable climbed to $29.8 million from $24.7 million as the business scaled up.
#quarter #Growth #electromed #hospital
