1 day ago
Extreme weather is creating a more demanding environment for property owners, insurers, and communities. According to the National Centers for Environmental Information (NCEI), the United States recorded 27 confirmed billion-dollar weather and climate disasters in 2024, resulting in a total cost of $182.7 billion. These events spanned a wide range of extremes, including severe storm events, tropical cyclones, wildfires, drought/heat waves, and winter storm/cold wave events. Over the last decade, ***** ulative losses from these disasters have exceeded $1.4 trillion, driven significantly by population growth, material wealth, and increased development in hazard-prone areas. These figures suggest that the financial consequences of extreme events may increasingly depend on how accurately the value of exposed property is understood before a loss occurs.
That question becomes especially consequential during reconstruction. A 2026 report from Bloomberg, featured in Claims Journal, noted that surveys conducted by United Policyholders since 2007 found an average of two-thirds of wildfire survivors reporting that they were underinsured, with an average shortfall of $200,000 or more. The Insurance Information Institute has similarly estimated that two-thirds of American homeowners may be underinsured for wildfire losses, typically by about 20%, and in some cases by as much as 60%. These findings illustrate how the presence of an insurance policy can still leave a substantial difference between available coverage and the resources required to rebuild, particularly when construction costs rise after a catastrophe.
The financial implications can extend across the broader insurance ecosystem. Aon's 2026 Climate and Catastrophe Insight reported approximately $260 billion in global economic losses from natural catastrophes during 2025, compared with $127 billion in insured losses. For property stakeholders, such a figure may place greater attention on the relationship between the value ***** igned to an ***** et, the cost of restoring it, and the capital available when a loss occurs.
Frequency can add another layer to that calculation. Data from NCEI indicate that the average interval between U.S. billion-dollar disaster events was approximately 16 days during 2020–2024, compared with 82 days during the 1980s. NCEI notes that shorter intervals can leave less time and fewer resources for response, recovery, and preparation for subsequent events. As the time between major events contracts, property valuations may require more frequent attention because construction costs, labor conditions, materials, and local economic circumstances can change between policy reviews.
#property #losses #insurance #information
That question becomes especially consequential during reconstruction. A 2026 report from Bloomberg, featured in Claims Journal, noted that surveys conducted by United Policyholders since 2007 found an average of two-thirds of wildfire survivors reporting that they were underinsured, with an average shortfall of $200,000 or more. The Insurance Information Institute has similarly estimated that two-thirds of American homeowners may be underinsured for wildfire losses, typically by about 20%, and in some cases by as much as 60%. These findings illustrate how the presence of an insurance policy can still leave a substantial difference between available coverage and the resources required to rebuild, particularly when construction costs rise after a catastrophe.
The financial implications can extend across the broader insurance ecosystem. Aon's 2026 Climate and Catastrophe Insight reported approximately $260 billion in global economic losses from natural catastrophes during 2025, compared with $127 billion in insured losses. For property stakeholders, such a figure may place greater attention on the relationship between the value ***** igned to an ***** et, the cost of restoring it, and the capital available when a loss occurs.
Frequency can add another layer to that calculation. Data from NCEI indicate that the average interval between U.S. billion-dollar disaster events was approximately 16 days during 2020–2024, compared with 82 days during the 1980s. NCEI notes that shorter intervals can leave less time and fewer resources for response, recovery, and preparation for subsequent events. As the time between major events contracts, property valuations may require more frequent attention because construction costs, labor conditions, materials, and local economic circumstances can change between policy reviews.
#property #losses #insurance #information
2 days ago
The Amgen Irish Open at Trump International Doonbeg has turned into a story of resilience and record-breaking golf. While the first round saw players battling wind and rain that made the course play brutally difficult, the second round brought a dramatic shift in fortune. Shane Lowry, the local favorite, didn't just survive the conditions; he absolutely dominated them. After airing his frustration with the slow pace caused by the weather in the opening round, Lowry produced a stunning performance to take the lead. Golf Monthly reports that Lowry shot a record-breaking 62 under much kinder conditions to take the lead at the midpoint. This score puts him two shots clear of the field and sets the stage for a thrilling weekend.
The contrast between the two rounds couldn't be starker. The first day was defined by struggle, with Golf Monthly noting that the brutal conditions contributed to slow play across the property. Players like Lowry had to wait for groups ahead, testing their patience. Yet, when the wind died down, Lowry found his rhythm. He isn't alone in the hunt, however. The chasing pack is packed with talent, including defending champion Rory McIlroy, two-time Major winner Jon Rahm, and Brooks Koepka, all of whom Golf Monthly confirmed will join Lowry in the third round. Joaquin Niemann, the first-round leader, also remains in contention to challenge the Irishman.
While Lowry's score grabs the headlines, the most compelling story of the week might be the rise of Niklas Nørgaard. The Danish golfer has moved into a tie for second place alongside Jacob Skov Olesen and Haotong Li after posting matching 64s, according to europeantour.com. This surge came from a fundamental change in how Nørgaard approached the game, not just better ball-striking. The pressure of competition often weighs heavy, but Nørgaard found a way to lighten the load. A shift in mindset this week earned praise for his caddie, as he disclosed that his coach is actually riding in the bag during this event.
Nørgaard explained his strategy directly to the media, and the result was immediate. Europeantour.com notes that Nørgaard received late applause from spectators after draining a vital putt on the 18th and finishing his round with a closing birdie to enter the chase. His back nine was a blur of birdies, specifically a burst from the 14th to 16th holes that propelled him up the leaderboard. You have to wonder if that mental shift is the only thing standing between him and a ***** le run, considering how tight the field really is.
Other players faced different challenges. Thomas Detry made an albatross at the par-5 10th in the opening round, a rare feat that should have boosted his day. However, he finished the first day with a 74 and ultimately missed the cut, according to Golf Monthly. On the other side of the field, David Puig struggled to find consistency. Following a 71 in the opening round that left him one over par, he posted the exact same score during the second rou
The contrast between the two rounds couldn't be starker. The first day was defined by struggle, with Golf Monthly noting that the brutal conditions contributed to slow play across the property. Players like Lowry had to wait for groups ahead, testing their patience. Yet, when the wind died down, Lowry found his rhythm. He isn't alone in the hunt, however. The chasing pack is packed with talent, including defending champion Rory McIlroy, two-time Major winner Jon Rahm, and Brooks Koepka, all of whom Golf Monthly confirmed will join Lowry in the third round. Joaquin Niemann, the first-round leader, also remains in contention to challenge the Irishman.
While Lowry's score grabs the headlines, the most compelling story of the week might be the rise of Niklas Nørgaard. The Danish golfer has moved into a tie for second place alongside Jacob Skov Olesen and Haotong Li after posting matching 64s, according to europeantour.com. This surge came from a fundamental change in how Nørgaard approached the game, not just better ball-striking. The pressure of competition often weighs heavy, but Nørgaard found a way to lighten the load. A shift in mindset this week earned praise for his caddie, as he disclosed that his coach is actually riding in the bag during this event.
Nørgaard explained his strategy directly to the media, and the result was immediate. Europeantour.com notes that Nørgaard received late applause from spectators after draining a vital putt on the 18th and finishing his round with a closing birdie to enter the chase. His back nine was a blur of birdies, specifically a burst from the 14th to 16th holes that propelled him up the leaderboard. You have to wonder if that mental shift is the only thing standing between him and a ***** le run, considering how tight the field really is.
Other players faced different challenges. Thomas Detry made an albatross at the par-5 10th in the opening round, a rare feat that should have boosted his day. However, he finished the first day with a 74 and ultimately missed the cut, according to Golf Monthly. On the other side of the field, David Puig struggled to find consistency. Following a 71 in the opening round that left him one over par, he posted the exact same score during the second rou
2 days ago
Zhihu Inc. (NYSE:ZH) disclosed on September 6 that a wholly owned subsidiary had signed a conditional RMB1.5 billion cash commitment to Tianjin Lisi Xingshen Equity Investment Partnership. The agreement, dated September 4, requires shareholder approval, with payments funded internally through capital calls.
Zhihu Inc. (NYSE:ZH) expects to hold no more than 30% of the fund and will have no role in daily management or individual investment decisions. The blind-pool structure asks shareholders to approve a manager and strategy before specific investments are identified. The fund targets early-to-mid-stage private AI and technology companies with significant mainland China connections.
The strategic rationale fits the company's existing capabilities. Zhihu Inc. (NYSE:ZH) is developing AI search, expert-data solutions and AI-enabled content businesses. Exposure to foundation models, infrastructure, robotics and applications could create technology partnerships and help identify emerging customer needs.
A specialist fund also supplies investment research, deal sourcing and portfolio oversight that would require substantial internal resources to replicate. For shareholders, the potential benefit combines investment returns with commercial opportunities for the core content platform. Any cooperation would still require separate **** sment and agreement.
There is an operating business to build around. Second-quarter paid content and intellectual-property operations revenue increased to RMB425.9 million from RMB408.2 million. Zhihu Inc. (NYSE:ZH) also reduced total operating expenses by 13% to RMB469.4 million. These results support a focused approach in which outside technology complements established content and expert relationships.
#content #technology #million
Zhihu Inc. (NYSE:ZH) expects to hold no more than 30% of the fund and will have no role in daily management or individual investment decisions. The blind-pool structure asks shareholders to approve a manager and strategy before specific investments are identified. The fund targets early-to-mid-stage private AI and technology companies with significant mainland China connections.
The strategic rationale fits the company's existing capabilities. Zhihu Inc. (NYSE:ZH) is developing AI search, expert-data solutions and AI-enabled content businesses. Exposure to foundation models, infrastructure, robotics and applications could create technology partnerships and help identify emerging customer needs.
A specialist fund also supplies investment research, deal sourcing and portfolio oversight that would require substantial internal resources to replicate. For shareholders, the potential benefit combines investment returns with commercial opportunities for the core content platform. Any cooperation would still require separate **** sment and agreement.
There is an operating business to build around. Second-quarter paid content and intellectual-property operations revenue increased to RMB425.9 million from RMB408.2 million. Zhihu Inc. (NYSE:ZH) also reduced total operating expenses by 13% to RMB469.4 million. These results support a focused approach in which outside technology complements established content and expert relationships.
#content #technology #million
2 days ago
Rep. Ilhan Omar, D-Minn., gave the cold shoulder when asked to weigh in on her son's home being raided by police after his convicted felon roommate was arrested.
Minneapolis police officers found while carrying out a search warrant on August 25 multiple weapons and ammunition in the shared home of Omar's son, Adnan Hirsi, 20, and his roommate Abdulrahman Abdi, 22. The warrant was obtained after Abdi was pulled over in a routine traffic stop and was found to have no driver's license or proof of insurance.
Abdi was released and the car was impounded, but a firearm was later found. As a convicted felon, it is illegal for Abdi to possess a firearm, so the property that he shares with Abdi was raided.
Caught On Camera: Squad Dem Squirms When Pressed On Vance Doj Fraud Probe
Rep. Ilhan Omar, D-Minn., is seeking another term in Minnesota's heavily Democratic 5th Congressional District.
#found
Minneapolis police officers found while carrying out a search warrant on August 25 multiple weapons and ammunition in the shared home of Omar's son, Adnan Hirsi, 20, and his roommate Abdulrahman Abdi, 22. The warrant was obtained after Abdi was pulled over in a routine traffic stop and was found to have no driver's license or proof of insurance.
Abdi was released and the car was impounded, but a firearm was later found. As a convicted felon, it is illegal for Abdi to possess a firearm, so the property that he shares with Abdi was raided.
Caught On Camera: Squad Dem Squirms When Pressed On Vance Doj Fraud Probe
Rep. Ilhan Omar, D-Minn., is seeking another term in Minnesota's heavily Democratic 5th Congressional District.
#found
3 days ago
Perez Hilton has cut $350,000 from the asking price of the Las Vegas home he put up for sale before moving his family to Miami.
The 48-year-old media personality is now asking $3.9 million for the six-bedroom, 6.5-bathroom property, down from the $4.25 million price he set when it hit the market in June. Realtor.com reported the reduction on September 10 after the home remained unsold through the summer.
The price change comes while Hilton continues receiving medical and mental health care following a serious crisis at his Miami home in August. His family said in its most recent authorized health update that he remained hospitalized in an inpatient setting, while Page Six reported on September 11 that he was still hospitalized.
Hilton's decision to sell the Las Vegas property predates that hospitalization. He announced his move to Miami in June after about three and a half years in Nevada, saying he wanted to be closer to relatives and believed the change was right for his three children and his mother.
Hilton's home spans about 7,000 square feet in Prado, a gated community with fewer than 20 residences. The property sits on a corner lot roughly between the Las Vegas Strip and Summerlin.
#hilton #asking #family
The 48-year-old media personality is now asking $3.9 million for the six-bedroom, 6.5-bathroom property, down from the $4.25 million price he set when it hit the market in June. Realtor.com reported the reduction on September 10 after the home remained unsold through the summer.
The price change comes while Hilton continues receiving medical and mental health care following a serious crisis at his Miami home in August. His family said in its most recent authorized health update that he remained hospitalized in an inpatient setting, while Page Six reported on September 11 that he was still hospitalized.
Hilton's decision to sell the Las Vegas property predates that hospitalization. He announced his move to Miami in June after about three and a half years in Nevada, saying he wanted to be closer to relatives and believed the change was right for his three children and his mother.
Hilton's home spans about 7,000 square feet in Prado, a gated community with fewer than 20 residences. The property sits on a corner lot roughly between the Las Vegas Strip and Summerlin.
#hilton #asking #family
3 days ago
Steve Reinke helped his son Scott build a modest one-bedroom home in Isanti County, Minnesota, in 2015. The goal was affordability: The total cost of land and materials came to just over $130,000. Eleven years later, the county has ***** sed the property at just over $484,000 for 2027.
Reinke says the property tax bill has become nearly as large as the mortgage payment, and the county hasn't explained why the valuation jumped so dramatically.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#build
Reinke says the property tax bill has become nearly as large as the mortgage payment, and the county hasn't explained why the valuation jumped so dramatically.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#build
3 days ago
Packers running back Josh Jacobs will miss the first game of the season, and likely at least five more, after pleading no contest to misdemeanor charges of battery and criminal damage to property. His head coach remains in his corner.
Asked on Friday if the development changes his opinion of Jacobs, coach Matt LaFleur said it does not.
"Well, yeah, because I know the guy, and I know the character of the guy, so I've said it many times," LaFleur told reporters. "And unfortunately, situations occur in life and it's just an unfortunate situation."
LaFleur then was asked about the rationale for keeping Jacobs on the roster, given his plea.
"Yeah, I'm not, guys — I'm not gonna get into any of this until the league completes their investigation," LaFleur said.
#lafleur #yeah #packers #Friday
Asked on Friday if the development changes his opinion of Jacobs, coach Matt LaFleur said it does not.
"Well, yeah, because I know the guy, and I know the character of the guy, so I've said it many times," LaFleur told reporters. "And unfortunately, situations occur in life and it's just an unfortunate situation."
LaFleur then was asked about the rationale for keeping Jacobs on the roster, given his plea.
"Yeah, I'm not, guys — I'm not gonna get into any of this until the league completes their investigation," LaFleur said.
#lafleur #yeah #packers #Friday
3 days ago
Malcolm-Jamal Warner's widow has accused the late actor's mother of selling his $1.6 million Los Angeles home despite allegedly intending for the property to go to his wife and daughter.
More than a year after the "Cosby Show" star's sudden death at age 54, his widow, Tenisha Warner, and his mother, Pamela Warner, remain embroiled in an increasingly contentious dispute over his estate.
Now, a piece of the actor's real estate portfolio has emerged at the center of their battle.
According to new legal documents obtained by TMZ, Tenisha claims that her late husband had wanted his California residence to be left to her and their 9-year-old daughter, MacKenzie.
Instead, Tenisha alleges, Pamela sold the property and placed the proceeds into the Warner Family Trust.
#tenisha #pamela
More than a year after the "Cosby Show" star's sudden death at age 54, his widow, Tenisha Warner, and his mother, Pamela Warner, remain embroiled in an increasingly contentious dispute over his estate.
Now, a piece of the actor's real estate portfolio has emerged at the center of their battle.
According to new legal documents obtained by TMZ, Tenisha claims that her late husband had wanted his California residence to be left to her and their 9-year-old daughter, MacKenzie.
Instead, Tenisha alleges, Pamela sold the property and placed the proceeds into the Warner Family Trust.
#tenisha #pamela
3 days ago
The Green Bay Packers are now preparing to move forward without knowing when Josh Jacobs might return. While MarShawn Lloyd is expected to handle the lead role in the backfield, Jacobs has entered a no contest plea to his misdemeanor charges. The NFL has also issued a disciplinary update, giving Green Bay a better idea of what could come next for its starting running back.
"With Josh Jacobs pleading no contest to misdemeanor charges of battery and criminal damage to property, the NFL said there is "no timetable" as to when he could be disciplined. A league official said: We have been closely monitoring all developments in the matter which remains under review of the personal conduct policy.
There is no change to his status as he remains on the Commissioner's Exempt list," ESPN's Adam Schefter wrote on his post on X (formerly Twitter).
Oct 19, 2025; Glendale, Arizona, USA; Green Bay Packers running back Josh Jacobs (8) celebrates against the Arizona Cardinals in the second half at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Jacobs has been a productive part of the Packers offense over the past two seasons, scoring 28 touchdowns during that span. He totaled 929 rushing yards in 2025 while averaging 4.0 yards per carry. The seven year veteran now faces misdemeanor charges for battery and criminal damage to property, according to ESPN.
Green Bay will need to adjust its backfield if Jacobs remains unavailable, with Lloyd set to take over as the Packers' top running back. Chris Brooks will provide additional support behind him.
#josh #misdemeanor #back
"With Josh Jacobs pleading no contest to misdemeanor charges of battery and criminal damage to property, the NFL said there is "no timetable" as to when he could be disciplined. A league official said: We have been closely monitoring all developments in the matter which remains under review of the personal conduct policy.
There is no change to his status as he remains on the Commissioner's Exempt list," ESPN's Adam Schefter wrote on his post on X (formerly Twitter).
Oct 19, 2025; Glendale, Arizona, USA; Green Bay Packers running back Josh Jacobs (8) celebrates against the Arizona Cardinals in the second half at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Jacobs has been a productive part of the Packers offense over the past two seasons, scoring 28 touchdowns during that span. He totaled 929 rushing yards in 2025 while averaging 4.0 yards per carry. The seven year veteran now faces misdemeanor charges for battery and criminal damage to property, according to ESPN.
Green Bay will need to adjust its backfield if Jacobs remains unavailable, with Lloyd set to take over as the Packers' top running back. Chris Brooks will provide additional support behind him.
#josh #misdemeanor #back
3 days ago
Kris Jenner's security team detained a man suspected of stalking her before he could reach her Los Angeles-area property.
Zenwilliam Robson, 25, was detained near Jenner's Calabasas-area residence on Monday, Sept. 7, after security personnel spotted him in the neighborhood. Los Angeles County Sheriff's Department deputies subsequently arrested him on suspicion of stalking.
Robson was ultimately charged with one misdemeanor count of trespassing and refusing to leave private property.
Jenner's security personnel told authorities that he had allegedly tried to contact the 70-year-old reality star and businesswoman several times before the latest incident.
The encounter happened Monday evening in the area surrounding Jenner's home in the Santa Monica Mountains northwest of Los Angeles.
#area #detained
Zenwilliam Robson, 25, was detained near Jenner's Calabasas-area residence on Monday, Sept. 7, after security personnel spotted him in the neighborhood. Los Angeles County Sheriff's Department deputies subsequently arrested him on suspicion of stalking.
Robson was ultimately charged with one misdemeanor count of trespassing and refusing to leave private property.
Jenner's security personnel told authorities that he had allegedly tried to contact the 70-year-old reality star and businesswoman several times before the latest incident.
The encounter happened Monday evening in the area surrounding Jenner's home in the Santa Monica Mountains northwest of Los Angeles.
#area #detained
3 days ago
Steven Spielberg may soon say goodbye to his equestrian ranch in Los Angeles.
Closer has learned that the famed Hollywood filmmaker, 79, has listed his seven-bedroom, 11-bathroom property for just under $30 million after purchasing the ranch back in 1999 for $5.35 million.
The 6,219-square-foot property was at the center of controversy shortly after he and wife Kate Capshaw made the purchase because the director wanted to build a five-story horse-riding ring despite pushback from their Brentwood neighbors.
"It's just astounding and obnoxious," land-use attorney John Murdock, who represented several residents at the time, told the ***** ociated Press in 2000. "They're cutting out half the hillside to put in this riding ring … the structure is completely alien to the area."
The riding ring was intended to be a 27,000-square-foot building that would've been about six times the size of a typical home in the area and cost more than $7 million to build, according to the AP.
#million #foot #build
Closer has learned that the famed Hollywood filmmaker, 79, has listed his seven-bedroom, 11-bathroom property for just under $30 million after purchasing the ranch back in 1999 for $5.35 million.
The 6,219-square-foot property was at the center of controversy shortly after he and wife Kate Capshaw made the purchase because the director wanted to build a five-story horse-riding ring despite pushback from their Brentwood neighbors.
"It's just astounding and obnoxious," land-use attorney John Murdock, who represented several residents at the time, told the ***** ociated Press in 2000. "They're cutting out half the hillside to put in this riding ring … the structure is completely alien to the area."
The riding ring was intended to be a 27,000-square-foot building that would've been about six times the size of a typical home in the area and cost more than $7 million to build, according to the AP.
#million #foot #build
3 days ago
Kylie Jenner showcased her new yellow gold diamond earrings and matching ring in an Instagram post
The beauty mogul recently shared updates on her Hidden Hills property, purchased in 2020
Jenner revealed plans for her dream home, including a gym, spa, outdoor dining area and pizza oven
Kylie Jenner is showing off the latest additions to her jewelry collection!
On Thursday, Sept. 10, the beauty mogul, 29, shared close-up photos and videos on Instagram of her sweeping her hair to the side to reveal a new earring stack on each ear.
#shared #hidden #sept
The beauty mogul recently shared updates on her Hidden Hills property, purchased in 2020
Jenner revealed plans for her dream home, including a gym, spa, outdoor dining area and pizza oven
Kylie Jenner is showing off the latest additions to her jewelry collection!
On Thursday, Sept. 10, the beauty mogul, 29, shared close-up photos and videos on Instagram of her sweeping her hair to the side to reveal a new earring stack on each ear.
#shared #hidden #sept
3 days ago
Microsoft (MSFT) is coming off the most profitable stretch it has posted in years, and its stock trades at $493.95, about 92% of its 52-week high. Nothing here is broken. The risk is quieter than that. The spending that came with those margins is still climbing, and the company has already told shareholders what it expects that to do to fiscal 2027.
Net margin over the trailing twelve months is 40.3%, the highest in at least five years and well above a 36.8% three-year average. Operating margin runs 46.8% against a 45.3% three-year average, near the top of its multi-year range. Revenue of $331.8 billion grew 17.8% year over year, so none of this came from a shrinking business.
Margins at a peak rarely stay there. This peak arrives with a specific and growing bill, and that bill is the Azure build-out.
Azure revenue grew 43% in fiscal Q4 2026, and management says customer demand still exceeds available capacity. Company-wide, the build-out took $41 billion of capital expenditure in that one quarter (including equipment acquired under leases), roughly two-thirds of it on what management calls short-lived **** ets, primarily CPUs and GPUs. Against $55.4 billion in cash from operations, cash actually paid for property and equipment was $35.8 billion, yielding $19.6 billion in free cash flow.
The bill is already visible in the margin. The company's gross margin was 67% in fiscal Q4 2026, down year over year, and management attributes the decline to the sales mix shift toward Azure and the AI infrastructure spending behind it, offset only partly by efficiency gains. Capital expenditure is guided higher again in fiscal 2027.
#azure #bill #cash
Net margin over the trailing twelve months is 40.3%, the highest in at least five years and well above a 36.8% three-year average. Operating margin runs 46.8% against a 45.3% three-year average, near the top of its multi-year range. Revenue of $331.8 billion grew 17.8% year over year, so none of this came from a shrinking business.
Margins at a peak rarely stay there. This peak arrives with a specific and growing bill, and that bill is the Azure build-out.
Azure revenue grew 43% in fiscal Q4 2026, and management says customer demand still exceeds available capacity. Company-wide, the build-out took $41 billion of capital expenditure in that one quarter (including equipment acquired under leases), roughly two-thirds of it on what management calls short-lived **** ets, primarily CPUs and GPUs. Against $55.4 billion in cash from operations, cash actually paid for property and equipment was $35.8 billion, yielding $19.6 billion in free cash flow.
The bill is already visible in the margin. The company's gross margin was 67% in fiscal Q4 2026, down year over year, and management attributes the decline to the sales mix shift toward Azure and the AI infrastructure spending behind it, offset only partly by efficiency gains. Capital expenditure is guided higher again in fiscal 2027.
#azure #bill #cash
3 days ago
This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and ******* ysis, subscribe to Bisnow's free suite of newsletters.
CBRE's investment management arm has acquired a 5-year-old net lease company with ******* ets totaling 12M SF across the U.S.
CBRE Investment Management purchased Cerberus Capital Management's Tenet Equity business for $1.6B, both sides of the transaction announced in separate news releases Tuesday. CBRE said it made the investment on behalf of several of its investment strategies but didn't disclose which ones.
Net leases are real estate arrangements in which tenants are responsible for fees typically ******* ociated with ownership, like insurance, maintenance and taxes. This is often executed through leaseback deals, in which a business sells its property for a cash infusion and then leases it back to remain a tenant.
Along with the acquisition, CBRE is launching a new strategy to further invest in net lease properties. Akash Shivashankara, a CBRE IM senior portfolio manager, will be heading that strategy.
#management
CBRE's investment management arm has acquired a 5-year-old net lease company with ******* ets totaling 12M SF across the U.S.
CBRE Investment Management purchased Cerberus Capital Management's Tenet Equity business for $1.6B, both sides of the transaction announced in separate news releases Tuesday. CBRE said it made the investment on behalf of several of its investment strategies but didn't disclose which ones.
Net leases are real estate arrangements in which tenants are responsible for fees typically ******* ociated with ownership, like insurance, maintenance and taxes. This is often executed through leaseback deals, in which a business sells its property for a cash infusion and then leases it back to remain a tenant.
Along with the acquisition, CBRE is launching a new strategy to further invest in net lease properties. Akash Shivashankara, a CBRE IM senior portfolio manager, will be heading that strategy.
#management
3 days ago
Former NFL running back LeShon Johnson has been sentenced to five years in federal prison after being convicted of six dogfighting-related charges, according to a Department of Justice release on Thursday.
Additionally, Johnson — who was in the NFL from 1994-99 and spent time with the Green Bay Packers, Arizona Cardinals and New York Giants — will have three years of supervised release. Plus, he'll have to pay a $30,000 fine.
Johnson was indicted in March 2025 and convicted in an Oklahoma federal court in August of last year. He had been running a large-scale dogfighting ring based in the state since at least 2007, according to the DOJ, which cited trial testimony.
Johnson, 55, previously pleaded guilty in 2004 to Oklahoma dogfighting offenses. Back then, he received a five-year deferred sentence in state court, according to ESPN's Thursday report, which cited Oklahoma court records.
His most recent operation, known as "Mal Kant Kennels," consisted of breeding and selling pit bulls who would fight around the country, with Johnson profiting from the trafficking. The 190 dogs the authorities seized from Johnson's property are the most ever rescued from a single individual in a federal dogfighting case, per the DOJ.
#dogfighting #according #court #thursday
Additionally, Johnson — who was in the NFL from 1994-99 and spent time with the Green Bay Packers, Arizona Cardinals and New York Giants — will have three years of supervised release. Plus, he'll have to pay a $30,000 fine.
Johnson was indicted in March 2025 and convicted in an Oklahoma federal court in August of last year. He had been running a large-scale dogfighting ring based in the state since at least 2007, according to the DOJ, which cited trial testimony.
Johnson, 55, previously pleaded guilty in 2004 to Oklahoma dogfighting offenses. Back then, he received a five-year deferred sentence in state court, according to ESPN's Thursday report, which cited Oklahoma court records.
His most recent operation, known as "Mal Kant Kennels," consisted of breeding and selling pit bulls who would fight around the country, with Johnson profiting from the trafficking. The 190 dogs the authorities seized from Johnson's property are the most ever rescued from a single individual in a federal dogfighting case, per the DOJ.
#dogfighting #according #court #thursday
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
3 days ago
The property slated to become the headquarters of Warriors star Stephen Curry's off-court business collective, Thirty Ink, has been sold, scrapping plans for the buzzy new office in San Francisco.
The company was set to relocate its headquarters from the SoMa district to the Dogpatch in the city's evolving Central Waterfront, after Curry purchased the property in 2024. The original half-century-old building at the site would've been replaced with a five-story, 24,691-square-foot structure.
But Curry sold the two-story building to Dane Reinsurance Inc. on Aug. 31, according to documents from the San Francisco **** sor-Recorder office. Dane Reinsurance is a corporation linked to Corgi, an AI startup with an all-night cafe, the San Francisco Chronicle reported. The property sold for $11 million, according to the Chronicle, a profit for Curry, given the original purchase price of $8.5 million. (The Chronicle and SFGATE are both owned by Hearst but have separate newsrooms.)
Erika Lee, a spokesperson for Corgi, told SFGATE "that's our building" by email Thursday and provided a link to an ominous video as Corgi's "public 'statement'" as of Thursday afternoon. Lee said the company will share more at a later time. The video, posted Tuesday morning on X and captioned, "Our side of the story with Steph Curry," features several news headlines about the sale and unidentified female narrator dressed in black who says, "We're building something bigger and better than anyone could ever imagine."
Thirty Ink did not respond to SFGATE's request for comment; however, according to the San Francisco Business Times, the plan for the Dogpatch headquarters was scrapped in April 2025 after a union dispute.
#francisco #headquarters
The company was set to relocate its headquarters from the SoMa district to the Dogpatch in the city's evolving Central Waterfront, after Curry purchased the property in 2024. The original half-century-old building at the site would've been replaced with a five-story, 24,691-square-foot structure.
But Curry sold the two-story building to Dane Reinsurance Inc. on Aug. 31, according to documents from the San Francisco **** sor-Recorder office. Dane Reinsurance is a corporation linked to Corgi, an AI startup with an all-night cafe, the San Francisco Chronicle reported. The property sold for $11 million, according to the Chronicle, a profit for Curry, given the original purchase price of $8.5 million. (The Chronicle and SFGATE are both owned by Hearst but have separate newsrooms.)
Erika Lee, a spokesperson for Corgi, told SFGATE "that's our building" by email Thursday and provided a link to an ominous video as Corgi's "public 'statement'" as of Thursday afternoon. Lee said the company will share more at a later time. The video, posted Tuesday morning on X and captioned, "Our side of the story with Steph Curry," features several news headlines about the sale and unidentified female narrator dressed in black who says, "We're building something bigger and better than anyone could ever imagine."
Thirty Ink did not respond to SFGATE's request for comment; however, according to the San Francisco Business Times, the plan for the Dogpatch headquarters was scrapped in April 2025 after a union dispute.
#francisco #headquarters
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
3 days ago
Former NFL running back LeShon Johnson has been sentenced to 60 months in federal prison after he was convicted of six felonies related to dog fighting.
Authorities seized 190 dogs from Johnson's property, the most dogs ever seized from any individual in a federal dog fighting investigation. This is Johnson's second dog fighting conviction; he was also convicted of state dog fighting charges in Oklahoma in 2004.
"LeShon Johnson continued to traffic dogs for illegal fighting despite a 2004 state conviction for similar conduct," said Deputy **** istant Attorney General Adam Gustafson. "We are grateful to our colleagues at the U.S. Attorney's Office for the Eastern District of Oklahoma and the FBI for partnering with ENRD to bring this repeat offender to justice and to the U.S. Marshals Service for executing the biggest rescue operation of its kind."
The Department of Justice says Johnson made hundreds of thousands of dollars through his dog fighting operation, selling dogs he described as fighting champions, selling puppies he said were bred to be fighting champions, and charging stud fees to other dog fighters so that his champion males could breed with their females.
The 55-year-old Johnson was a third-round pick of the Packers in 1994 and also played for the Cardinals and Giants before finishing his pro football career with the XFL's Chicago Enforcers.
#leshon #oklahoma #federal #seized
Authorities seized 190 dogs from Johnson's property, the most dogs ever seized from any individual in a federal dog fighting investigation. This is Johnson's second dog fighting conviction; he was also convicted of state dog fighting charges in Oklahoma in 2004.
"LeShon Johnson continued to traffic dogs for illegal fighting despite a 2004 state conviction for similar conduct," said Deputy **** istant Attorney General Adam Gustafson. "We are grateful to our colleagues at the U.S. Attorney's Office for the Eastern District of Oklahoma and the FBI for partnering with ENRD to bring this repeat offender to justice and to the U.S. Marshals Service for executing the biggest rescue operation of its kind."
The Department of Justice says Johnson made hundreds of thousands of dollars through his dog fighting operation, selling dogs he described as fighting champions, selling puppies he said were bred to be fighting champions, and charging stud fees to other dog fighters so that his champion males could breed with their females.
The 55-year-old Johnson was a third-round pick of the Packers in 1994 and also played for the Cardinals and Giants before finishing his pro football career with the XFL's Chicago Enforcers.
#leshon #oklahoma #federal #seized
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
Celebrity blogger Perez Hilton has reduced the asking price of his sprawling Las Vegas mansion by $350,000—nearly one month after he was hospitalized following a health incident at his new Miami home.
The 48-year-old media personality initially listed the six-bedroom, 6.5-bathroom property for $4.25 million in June, telling Realtor.com® at the time that the custom-built residence had "served" him well during his years in Nevada.
Now, Hilton has reduced the price to $3.9 million as he looks to sever his remaining real estate ties to Nevada and settle permanently in Miami with his three children and mother.
The price cut comes mere hours after his family issued a public plea on his website asking fans and onlookers to stop gathering around his Miami residence—following a distressing livestream that prompted several calls to police and requests for a welfare check.
Officers ultimately transported Hilton to a nearby hospital, while mental health professionals and the Crisis Response Unit offered support to his friends and family.
#hilton #million #residence
The 48-year-old media personality initially listed the six-bedroom, 6.5-bathroom property for $4.25 million in June, telling Realtor.com® at the time that the custom-built residence had "served" him well during his years in Nevada.
Now, Hilton has reduced the price to $3.9 million as he looks to sever his remaining real estate ties to Nevada and settle permanently in Miami with his three children and mother.
The price cut comes mere hours after his family issued a public plea on his website asking fans and onlookers to stop gathering around his Miami residence—following a distressing livestream that prompted several calls to police and requests for a welfare check.
Officers ultimately transported Hilton to a nearby hospital, while mental health professionals and the Crisis Response Unit offered support to his friends and family.
#hilton #million #residence
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
"Selling Sunset" star Christine Quinn's husband, Christian Dumontet, has listed the sprawling Los Angeles home the former couple once shared as their contentious divorce battle continues.
Dumontet filed for divorce from the real estate agent—who is set to make her return to the Netflix reality series—in April 2024, after he was arrested following an alleged domestic violence incident. He was later detained for allegedly violating a temporary restraining order requiring him to stay away from the property.
The tech entrepreneur purchased the home for $5 million in 2019, the same year he and Quinn tied the knot in an extravagant Gothic-themed wedding.
However, their relationship ultimately unraveled, with the pair calling it quits in 2024.
Amid their ongoing divorce proceedings, Dumontet asked a judge to grant him exclusive control of the Los Angeles property so he could put it on the market. He argued that he purchased the residence before the couple married and had continued covering its mortgage, taxes, and insurance.
#divorce #angeles #home #couple
Dumontet filed for divorce from the real estate agent—who is set to make her return to the Netflix reality series—in April 2024, after he was arrested following an alleged domestic violence incident. He was later detained for allegedly violating a temporary restraining order requiring him to stay away from the property.
The tech entrepreneur purchased the home for $5 million in 2019, the same year he and Quinn tied the knot in an extravagant Gothic-themed wedding.
However, their relationship ultimately unraveled, with the pair calling it quits in 2024.
Amid their ongoing divorce proceedings, Dumontet asked a judge to grant him exclusive control of the Los Angeles property so he could put it on the market. He argued that he purchased the residence before the couple married and had continued covering its mortgage, taxes, and insurance.
#divorce #angeles #home #couple
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry ***** ysis delivered straight to their inbox with the free CRE Daily newsletter.
US apartment investment volume fell 16% year over year to $12.4B in July, according to MSCI.
MSCI said garden apartment sales declined 25% to $6.3B, while mid- and high-rise volume fell 5% to $6.1B.
Cap-rate pressure is becoming more visible in garden ***** ets as investors distinguish properties by exposure to future supply.
GlobeSt.com reports that July apartment investment data look weak on the surface, but the more important signal is a widening distinction between property types. MSCI data in its ***** ysis of July apartment transactions show US apartment volume fell 16% year over year to $12.4B. Garden sales dropped 25% to $6.3B, while mid- and high-rise volume declined 5% to $6.1B.
#msci #daily #fell #investment
US apartment investment volume fell 16% year over year to $12.4B in July, according to MSCI.
MSCI said garden apartment sales declined 25% to $6.3B, while mid- and high-rise volume fell 5% to $6.1B.
Cap-rate pressure is becoming more visible in garden ***** ets as investors distinguish properties by exposure to future supply.
GlobeSt.com reports that July apartment investment data look weak on the surface, but the more important signal is a widening distinction between property types. MSCI data in its ***** ysis of July apartment transactions show US apartment volume fell 16% year over year to $12.4B. Garden sales dropped 25% to $6.3B, while mid- and high-rise volume declined 5% to $6.1B.
#msci #daily #fell #investment
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
Actress Nicole Kidman has major plans to spend more time in London moving forward—though, as the "Nine Perfect Strangers" star has revealed, the city has quietly been a part of her life for decades.
Nearly a year after her split from husband Keith Urban, 58, Kidman, 59, let slip to British Vogue that she's had an apartment near Notting Hill for quite some time.
"I've had it for 20 years … 21 actually," the actress, who admitted that she has been "lonely" at home following her divorce," said.
It marks the first time that the "Moulin Rouge!" actress has confirmed she owns property in London—having already amassed homes in Beverly Hills, CA; New York City; Nashville, TN; and Australia. While all of those properties have appeared in numerous headlines, her U.K. abode has remained surprisingly under the radar.
"I'm stealth," Kidman shared of her ability to keep the property so tightly under wraps.
#nicole
Nearly a year after her split from husband Keith Urban, 58, Kidman, 59, let slip to British Vogue that she's had an apartment near Notting Hill for quite some time.
"I've had it for 20 years … 21 actually," the actress, who admitted that she has been "lonely" at home following her divorce," said.
It marks the first time that the "Moulin Rouge!" actress has confirmed she owns property in London—having already amassed homes in Beverly Hills, CA; New York City; Nashville, TN; and Australia. While all of those properties have appeared in numerous headlines, her U.K. abode has remained surprisingly under the radar.
"I'm stealth," Kidman shared of her ability to keep the property so tightly under wraps.
#nicole
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Delivered 12% sales growth driven by full-price transactions in core categories like woven tops and seasonal knits, reflecting a growing full-price customer base.
Acquired OVO's operating business to enter the fast-growing global streetwear market, a category previously unaddressed by the company's portfolio.
Transitioning to a multi-brand platform by leveraging Vince's established 'operating backbone'—including sourcing, production, and logistics—to scale the OVO brand.
Deepened the partnership with Authentic Brands Group (ABG), securing a 5% stake in OVO's intellectual property and a long-term license to manufacture and sell product.
#full #brand #transitioning
Delivered 12% sales growth driven by full-price transactions in core categories like woven tops and seasonal knits, reflecting a growing full-price customer base.
Acquired OVO's operating business to enter the fast-growing global streetwear market, a category previously unaddressed by the company's portfolio.
Transitioning to a multi-brand platform by leveraging Vince's established 'operating backbone'—including sourcing, production, and logistics—to scale the OVO brand.
Deepened the partnership with Authentic Brands Group (ABG), securing a 5% stake in OVO's intellectual property and a long-term license to manufacture and sell product.
#full #brand #transitioning
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
4 days ago
Taylor Swift and Travis Kelce's new Ohio home is already drawing more than celebrity interest. The couple's reported plans for the property have put them at odds with some nearby residents, turning a private home project into a local disagreement.
The issue centers on a proposed fence and concerns over how it could affect the surrounding views.
The reported disagreement involves the $5.35 million Gilded Age mansion Swift and Kelce quietly purchased in Bratenahl, Ohio, a Lake Erie waterfront village just outside Kelce's hometown of Cleveland Heights.
According to celebrity gossip platform Deuxmoi, Kelce finalized the purchase in March, with the property spanning 3.5 acres and roughly 21,000 square feet.
The couple is reportedly planning to install a fence around the property for security, but the proposal has not been welcomed by everyone nearby. A source cited by Deuxmoi said some neighbors "aren't exactly thrilled" because they believe the fence could interfere with their lake views.
#ohio #deuxmoi #celebrity
The issue centers on a proposed fence and concerns over how it could affect the surrounding views.
The reported disagreement involves the $5.35 million Gilded Age mansion Swift and Kelce quietly purchased in Bratenahl, Ohio, a Lake Erie waterfront village just outside Kelce's hometown of Cleveland Heights.
According to celebrity gossip platform Deuxmoi, Kelce finalized the purchase in March, with the property spanning 3.5 acres and roughly 21,000 square feet.
The couple is reportedly planning to install a fence around the property for security, but the proposal has not been welcomed by everyone nearby. A source cited by Deuxmoi said some neighbors "aren't exactly thrilled" because they believe the fence could interfere with their lake views.
#ohio #deuxmoi #celebrity
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
6 days ago
With a market cap of $77.5 billion, Motorola Solutions, Inc. (MSI) is a global technology company focused on mission-critical communications, video security, and command center software. The Chicago, Illinois-based company's products and services help public safety agencies, governments, and businesses protect people, property, and places.
Companies valued at $10 billion or more are generally classified as "large-cap" stocks, and Motorola Solutions fits this criterion perfectly. Its strengths stem from its mission-critical technology, deep customer relationships, and integrated safety and security ecosystem. Its long-standing presence in public safety, government, and enterprise markets, along with a global customer base spanning more than 100 countries, provides a strong foundation for the business.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
#safety #mission #security
Companies valued at $10 billion or more are generally classified as "large-cap" stocks, and Motorola Solutions fits this criterion perfectly. Its strengths stem from its mission-critical technology, deep customer relationships, and integrated safety and security ecosystem. Its long-standing presence in public safety, government, and enterprise markets, along with a global customer base spanning more than 100 countries, provides a strong foundation for the business.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
#safety #mission #security
6 days ago
Bridgerton's first leading lady, Phoebe Dynevor, has said "I do" herself after marrying fiancé Cameron Fuller on Saturday, September 5, according to a report from The Sun.
The actress who famously plays Daphne Bridgerton in Netflix's Shondaland hit is poised to continue her romantic streak onscreen with the streamer's highly anticipated adaptation of Emily Henry's Beach Read. When it comes to Dynevor's own fairytale, her nuptials reportedly took place at Le Mas de Poiriers, an 18th-century farmhouse in Provence, France.
The property, which accommodates up to 250 guests, spans 65 acres, and among the crowd celebrating Dynevor and Fuller's big day were her mother, Coronation Street actress Sally Dynevor, and her sister, Hattie. It's unclear if any of Dynevor's Bridgerton costars were in attendance at the shindig. The insider source for The Sun revealed that the event "ended up being absolutely perfect."
Dynevor and Fuller began dating in 2023 before becoming engaged to be married in 2024, when it was confirmed during her red carpet appearance at the Met Gala that year. The wedding follows Dynevor's "hen do," a.k.a. bachelorette party, which took place in August at the Broadwick Soho.
Amy Sussman / Getty Images
#actress #cameron
The actress who famously plays Daphne Bridgerton in Netflix's Shondaland hit is poised to continue her romantic streak onscreen with the streamer's highly anticipated adaptation of Emily Henry's Beach Read. When it comes to Dynevor's own fairytale, her nuptials reportedly took place at Le Mas de Poiriers, an 18th-century farmhouse in Provence, France.
The property, which accommodates up to 250 guests, spans 65 acres, and among the crowd celebrating Dynevor and Fuller's big day were her mother, Coronation Street actress Sally Dynevor, and her sister, Hattie. It's unclear if any of Dynevor's Bridgerton costars were in attendance at the shindig. The insider source for The Sun revealed that the event "ended up being absolutely perfect."
Dynevor and Fuller began dating in 2023 before becoming engaged to be married in 2024, when it was confirmed during her red carpet appearance at the Met Gala that year. The wedding follows Dynevor's "hen do," a.k.a. bachelorette party, which took place in August at the Broadwick Soho.
Amy Sussman / Getty Images
#actress #cameron
6 days ago
Actress Aubrey Plaza offloaded the Los Angeles property her late spouse Jeff Baena died in by suicide for $4.4 million—nearly one year after she put it on the market for $6.5 million.
Plaza, 42, who is recently gave birth to her first child with partner Christopher Abbott, originally purchased the home for $4.7 million in October 2022, when it became a marital home for the onscreen star and Baena.
However, in January 2025, Baena tragically died by suicide inside the property, and eight months later, Plaza chose to put it on the market, with an asking price of $6.5 million. That ask was lowered to $5.75 million just a few months later.
Still, the actress struggled to find a buyer—with sources telling Realtor.com® at the time that, while the four-bedroom abode had come under offer several times, the deals always fell through before they could officially close.
By May of this year, the property had been removed from the market altogether, before being relisted a few days later, with a new agent—Carl Gambino of The Gambino Group at Compass—and a much lower asking price: $5.3 million.
#plaza #baena #market #died
Plaza, 42, who is recently gave birth to her first child with partner Christopher Abbott, originally purchased the home for $4.7 million in October 2022, when it became a marital home for the onscreen star and Baena.
However, in January 2025, Baena tragically died by suicide inside the property, and eight months later, Plaza chose to put it on the market, with an asking price of $6.5 million. That ask was lowered to $5.75 million just a few months later.
Still, the actress struggled to find a buyer—with sources telling Realtor.com® at the time that, while the four-bedroom abode had come under offer several times, the deals always fell through before they could officially close.
By May of this year, the property had been removed from the market altogether, before being relisted a few days later, with a new agent—Carl Gambino of The Gambino Group at Compass—and a much lower asking price: $5.3 million.
#plaza #baena #market #died
6 days ago
Synopsys (SNPS), a leading provider of software used to design, verify, and test semiconductor chips, remains one of the most dominant players in electronic design automation (EDA). Its EDA software and semiconductor intellectual property (IP) solutions play a critical role in the development of increasingly sophisticated chips.
Moreover, the company has expanded its capabilities with its approximately $35 billion acquisition of Ansys, bringing semiconductor design and engineering simulation under one roof. However, the integration has also brought restructuring and workforce reductions.
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
Apple Stock: September Surprise Could Be Bigger Than a New iPhone
#Stock #synopsys
Moreover, the company has expanded its capabilities with its approximately $35 billion acquisition of Ansys, bringing semiconductor design and engineering simulation under one roof. However, the integration has also brought restructuring and workforce reductions.
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
Apple Stock: September Surprise Could Be Bigger Than a New iPhone
#Stock #synopsys
6 days ago
On August 3, Alexandria Real Estate Equities (NYSE:ARE) reported a Q2 2026 net loss of $0.43 per diluted share, narrower than the $0.64 loss posted a year earlier, while first-half net income swung to $1.68 per share from a loss of $0.71 in H1 2025. Funds from operations, the metric real estate investors watch most closely, moved the other way. Second-quarter FFO per share, as adjusted, fell to $1.73 from $2.33, and first-half FFO per share dropped to $3.46 from $4.63.
Leasing activity picked up meaningfully in the second quarter. Alexandria signed 1,038,917 rentable square feet of leases in Q2 2026, a 60% jump from the first quarter and roughly 87,000 square feet above its trailing quarterly average. Three-quarters of that leasing activity over the trailing twelve months came from existing tenants, and once executed leases with future occupancy are counted, total occupancy climbs to 90.9% from the reported 86.9%. Tenant quality remains a selling point too: 80% of annual rental revenue comes from the company's Megacampus platform, and 57% comes from investment-grade or publicly traded large-cap tenants, with 99.9% of second-quarter rents and receivables collected as of August 3.
The balance sheet backs that stability up. Alexandria holds $3.60 billion in liquidity and just extended its $5.0 billion unsecured line of credit to 2032 at a lower borrowing rate of SOFR plus 0.725%, down from SOFR plus 0.835%. Only 6% of total debt matures through 2028, and the company's 9.7-year weighted-average remaining debt term is the longest among S&P 500 REITs. General and administrative expenses fell 17.4% from Q2 2024, even after a year-over-year uptick, and the company maintained its $0.72 per share quarterly dividend, a 5.4% yield as of June 30.
The numbers behind the improved per-share figures are less reassuring on closer look. Same-property net operating income fell 10.6% in the second quarter and 11.5% for the first half, driven largely by occupancy declines tied to lease expirations. Operating occupancy slipped from 87.7% at the end of March to 86.9% at the end of June, and the current-period average occupancy of 87.1% compares with 92.6% a year earlier. Lease renewals aren't helping much either: rental rate changes on renewed and re-leased ******* e fell 0.7% in the second quarter and 15.0% in the first quarter, with cash-basis declines of 4.3% and 15.8%, respectively.
Leverage remains elevated in the near term. Net debt and preferred stock to Adjusted EBITDA stood at 7.0x on a Q2 2026 annualized basis, well above the company's 5.6x to 6.2x target for the fourth quarter, which depends on completing $2.9 billion in planned dispositions and other capital sources. General and administrative expenses rose 26.5% from Q2 2025 to $36.9 million. The company also recorded $222.5 million of real estate impairment charges in the quarter and continues to evaluate the business and financial strategy for five development and redevelopment projects totaling 1.4 m
Leasing activity picked up meaningfully in the second quarter. Alexandria signed 1,038,917 rentable square feet of leases in Q2 2026, a 60% jump from the first quarter and roughly 87,000 square feet above its trailing quarterly average. Three-quarters of that leasing activity over the trailing twelve months came from existing tenants, and once executed leases with future occupancy are counted, total occupancy climbs to 90.9% from the reported 86.9%. Tenant quality remains a selling point too: 80% of annual rental revenue comes from the company's Megacampus platform, and 57% comes from investment-grade or publicly traded large-cap tenants, with 99.9% of second-quarter rents and receivables collected as of August 3.
The balance sheet backs that stability up. Alexandria holds $3.60 billion in liquidity and just extended its $5.0 billion unsecured line of credit to 2032 at a lower borrowing rate of SOFR plus 0.725%, down from SOFR plus 0.835%. Only 6% of total debt matures through 2028, and the company's 9.7-year weighted-average remaining debt term is the longest among S&P 500 REITs. General and administrative expenses fell 17.4% from Q2 2024, even after a year-over-year uptick, and the company maintained its $0.72 per share quarterly dividend, a 5.4% yield as of June 30.
The numbers behind the improved per-share figures are less reassuring on closer look. Same-property net operating income fell 10.6% in the second quarter and 11.5% for the first half, driven largely by occupancy declines tied to lease expirations. Operating occupancy slipped from 87.7% at the end of March to 86.9% at the end of June, and the current-period average occupancy of 87.1% compares with 92.6% a year earlier. Lease renewals aren't helping much either: rental rate changes on renewed and re-leased ******* e fell 0.7% in the second quarter and 15.0% in the first quarter, with cash-basis declines of 4.3% and 15.8%, respectively.
Leverage remains elevated in the near term. Net debt and preferred stock to Adjusted EBITDA stood at 7.0x on a Q2 2026 annualized basis, well above the company's 5.6x to 6.2x target for the fourth quarter, which depends on completing $2.9 billion in planned dispositions and other capital sources. General and administrative expenses rose 26.5% from Q2 2025 to $36.9 million. The company also recorded $222.5 million of real estate impairment charges in the quarter and continues to evaluate the business and financial strategy for five development and redevelopment projects totaling 1.4 m
7 days ago
On August 4, Wynn Resorts Limited (NASDAQ:WYNN) reported second quarter 2026 results showing net income more than doubling to $140.1 million from $66.2 million a year earlier, while revenue climbed to $1.86 billion. Diluted earnings per share jumped to $1.32 from $0.64. Behind that headline number sits a messier picture: one Macau property carried the quarter while Las Vegas and Boston watched their profits shrink, even as management pressed ahead with a resort in the United Arab Emirates that will not open until September 2027.
Wynn Palace did the heavy lifting this quarter. Revenue jumped $113.8 million to $653.4 million, and Adjusted Property EBITDAR climbed to $201.5 million from $157.2 million a year earlier. The mass market table games win percentage came in at 29.7%, well above the 22.3% posted in the second quarter of 2025, a sign that ordinary gamblers, not just high rollers, are spending more at the tables. Las Vegas also showed discipline where it counts: the table games win percentage reached 23.9%, inside the property's expected 22% to 26% range and up from 21.8% a year earlier.
Wynn Resorts backed up the earnings jump with capital returns. The board declared a quarterly dividend of $0.25 per share, payable August 28, to shareholders of record as of August 14. The company also bought back 741,098 shares during the quarter at an average price of $101.20, spending $75.0 million, and still has $326.1 million left under its repurchase authorization. Construction, meanwhile, continues on Wynn Al Marjan Island, the joint venture project in Ras Al Khaimah, with life-to-date cash contributions reaching $1.06 billion as of June 30.
Strip away Wynn Palace and the picture changes. Adjusted Property EBITDAR fell at three of Wynn's four properties. Las Vegas Operations brought in $4.6 million more revenue, but EBITDAR still dropped $19.6 million to $215.2 million, meaning costs ate into the top-line gain. Encore Boston Harbor had it worse on both ends, with revenue down $6.4 million to $209.3 million and EBITDAR down $7.8 million to $56.1 million; its table games win percentage slipped to 18.1% from 21.3% a year earlier, even though it stayed inside the expected 18% to 22% range.
Wynn Macau's revenue rose $7.3 million, but EBITDAR still slipped to $95.5 million from $96.5 million, and its VIP table games win percentage of 2.58% fell well short of both the prior year's 3.41% and the property's own 3.1% to 3.4% target range. Wynn Palace's VIP win percentage of 2.97% missed its target range too, even with mass market strength carrying the property overall.
#ebitdar
Wynn Palace did the heavy lifting this quarter. Revenue jumped $113.8 million to $653.4 million, and Adjusted Property EBITDAR climbed to $201.5 million from $157.2 million a year earlier. The mass market table games win percentage came in at 29.7%, well above the 22.3% posted in the second quarter of 2025, a sign that ordinary gamblers, not just high rollers, are spending more at the tables. Las Vegas also showed discipline where it counts: the table games win percentage reached 23.9%, inside the property's expected 22% to 26% range and up from 21.8% a year earlier.
Wynn Resorts backed up the earnings jump with capital returns. The board declared a quarterly dividend of $0.25 per share, payable August 28, to shareholders of record as of August 14. The company also bought back 741,098 shares during the quarter at an average price of $101.20, spending $75.0 million, and still has $326.1 million left under its repurchase authorization. Construction, meanwhile, continues on Wynn Al Marjan Island, the joint venture project in Ras Al Khaimah, with life-to-date cash contributions reaching $1.06 billion as of June 30.
Strip away Wynn Palace and the picture changes. Adjusted Property EBITDAR fell at three of Wynn's four properties. Las Vegas Operations brought in $4.6 million more revenue, but EBITDAR still dropped $19.6 million to $215.2 million, meaning costs ate into the top-line gain. Encore Boston Harbor had it worse on both ends, with revenue down $6.4 million to $209.3 million and EBITDAR down $7.8 million to $56.1 million; its table games win percentage slipped to 18.1% from 21.3% a year earlier, even though it stayed inside the expected 18% to 22% range.
Wynn Macau's revenue rose $7.3 million, but EBITDAR still slipped to $95.5 million from $96.5 million, and its VIP table games win percentage of 2.58% fell well short of both the prior year's 3.41% and the property's own 3.1% to 3.4% target range. Wynn Palace's VIP win percentage of 2.97% missed its target range too, even with mass market strength carrying the property overall.
#ebitdar
7 days ago
Paris Jackson didn't get to enjoy her father Michael Jackson's Neverland Ranch. The 28-year-old star, the daughter of the late King of Pop and his second wife, Debbie Rowe, has revealed that she and her siblings, Prince, 29, and Bigi, 24, never got the chance to enjoy the California property's features, such as the private amusement park, zoo, and movie theater.
Speaking on the Call Her Daddy podcast, Paris explained: "I didn't grow up there. "It was only the first few years of my life that I was there." In fact, Paris revealed that she and her siblings were told that Neverland's "attractions" were only to be enjoyed by underprivileged and sick children.
Prince Jackson, Paris Jackson, and Bigi Jackson are beneficiaries of the estate (@ Getty)
You may also like
Paris Jackson accuses paparazzi of causing her long-term trauma
#jackson #enjoy #revealed
Speaking on the Call Her Daddy podcast, Paris explained: "I didn't grow up there. "It was only the first few years of my life that I was there." In fact, Paris revealed that she and her siblings were told that Neverland's "attractions" were only to be enjoyed by underprivileged and sick children.
Prince Jackson, Paris Jackson, and Bigi Jackson are beneficiaries of the estate (@ Getty)
You may also like
Paris Jackson accuses paparazzi of causing her long-term trauma
#jackson #enjoy #revealed
