2 hours ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
2 hours ago
Between 2023 and 2025, Nvidia (NASDAQ: NVDA) was the market's most obvious artificial intelligence (AI) trade. During this period, the stock went parabolic, surging by 1,180% and turning the chipmaker into the world's most valuable company by market cap. On a split-adjusted basis, that was a climb from about $14 per share to $186 by the end of 2025.
Currently, Nvidia stock sits around $218, up another 17% year to date. This is what it looks like when a company owns a scarce product that's in heavy demand -- in this case, graphics processing units (GPUs).
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 »
Micron Technology's (NASDAQ: MU) rocket-like move came a bit later, but hit much harder. Memory chips were an afterthought during the initial GPU gold rush. But as training clusters got larger and inference workloads got hungrier, supplies of high bandwidth memory (HBM) started running short. Prices for HBM soared, and Micron stock responded epically -- rising 239% in 2025 and another 242% so far this year. This type of price action indicates the market has recognized that memory is no longer just another tech commodity -- its supply is one of the key bottlenecks dictating the pace at which data centers can be built.
Nvidia and Micron are not the same bet. While Nvidia sells engines, Micron is selling the tanks for the fuel these engines cannot operate without. This begs the question: At this point, which of these AI chip stocks would be the better one to buy and hold for the next five years?
#signal #Stock #chipmaker
Currently, Nvidia stock sits around $218, up another 17% year to date. This is what it looks like when a company owns a scarce product that's in heavy demand -- in this case, graphics processing units (GPUs).
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 »
Micron Technology's (NASDAQ: MU) rocket-like move came a bit later, but hit much harder. Memory chips were an afterthought during the initial GPU gold rush. But as training clusters got larger and inference workloads got hungrier, supplies of high bandwidth memory (HBM) started running short. Prices for HBM soared, and Micron stock responded epically -- rising 239% in 2025 and another 242% so far this year. This type of price action indicates the market has recognized that memory is no longer just another tech commodity -- its supply is one of the key bottlenecks dictating the pace at which data centers can be built.
Nvidia and Micron are not the same bet. While Nvidia sells engines, Micron is selling the tanks for the fuel these engines cannot operate without. This begs the question: At this point, which of these AI chip stocks would be the better one to buy and hold for the next five years?
#signal #Stock #chipmaker
4 hours ago
There's an old investing rule, popularized by investing legend Peter Lynch, to invest in what you know. It's deceptively simple advice: The better you understand a business, the better equipped you are to recognize its opportunities.
Likewise, greater knowledge of a business improves your ability to recognize things that could potentially go wrong. That second part is especially important.
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 »
When it comes to NuScale Power (NYSE: SMR), there's one thing investors should probably know before buying the dip: what its small modular reactors (SMRs) could actually cost to operate. This isn't, to be sure, a question investors can answer with much certainty today, mainly because NuScale doesn't have a commercial reactor in operation.
That said, a newly released study, which has not yet gone through peer review, offers a sobering estimate. And if the findings hold up, the operating costs for NuScale's reactors could pose a much bigger problem to its business than previously thought.
#recognize
Likewise, greater knowledge of a business improves your ability to recognize things that could potentially go wrong. That second part is especially important.
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 »
When it comes to NuScale Power (NYSE: SMR), there's one thing investors should probably know before buying the dip: what its small modular reactors (SMRs) could actually cost to operate. This isn't, to be sure, a question investors can answer with much certainty today, mainly because NuScale doesn't have a commercial reactor in operation.
That said, a newly released study, which has not yet gone through peer review, offers a sobering estimate. And if the findings hold up, the operating costs for NuScale's reactors could pose a much bigger problem to its business than previously thought.
#recognize
8 hours ago
Anthropic could reportedly complete an initial public offering (IPO) by early November, which could fetch a valuation of roughly $2 trillion. Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are two stocks positioned to benefit if Anthropic goes public.
Anthropic said its annualized revenue reached $47 billion in May, up from the $14 billion run rate it disclosed on Feb. 12, 2026. That helped push its valuation to $965 billion on May 28, following a $65 billion Series H round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
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 »
Amazon and Alphabet hold minority stakes, providing investors with some exposure to Claude's growth. Moreover, if Anthropic does go public, it could raise additional capital to support the massive compute commitments it's already making with Amazon and Google.
In its second-quarter earnings release, Amazon reported that net income surged 244% year over year to $62.6 billion. A key driver was a $53.4 billion non-operating pre-tax gain recognized as "other income," which the company attributed primarily to its investment in Anthropic. This gain reflected the recent increase in valuation for Anthropic following its latest funding round. The gain represented 2% of Amazon's market cap at the time of the second-quarter earnings release.
#NVIDIA #capital #signal #valuation
Anthropic said its annualized revenue reached $47 billion in May, up from the $14 billion run rate it disclosed on Feb. 12, 2026. That helped push its valuation to $965 billion on May 28, following a $65 billion Series H round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
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 »
Amazon and Alphabet hold minority stakes, providing investors with some exposure to Claude's growth. Moreover, if Anthropic does go public, it could raise additional capital to support the massive compute commitments it's already making with Amazon and Google.
In its second-quarter earnings release, Amazon reported that net income surged 244% year over year to $62.6 billion. A key driver was a $53.4 billion non-operating pre-tax gain recognized as "other income," which the company attributed primarily to its investment in Anthropic. This gain reflected the recent increase in valuation for Anthropic following its latest funding round. The gain represented 2% of Amazon's market cap at the time of the second-quarter earnings release.
#NVIDIA #capital #signal #valuation
20 hours ago
On the surface, Oracle (NYSE: ORCL) is the type of company you would expect to benefit tremendously from the generative artificial intelligence (AI) boom. It provides the computing power and data storage vital for running and training these complex algorithms. But while its stock captured some gains early in the AI era, it has more recently lagged behind other AI infrastructure stocks.
Oracle's shares are up by a relatively modest 69% over the last five years, well behind chipmakers such as Nvidia and Micron Technology, which have soared by 885% and 1,212%, respectively, in the same time frame. Let's discuss the pros and cons of Oracle, and attempt to predict what a $1,000 position could be worth by the end of the decade.
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 »
Like the leadership teams at many tech giants, Oracle's management recognized the long-term potential of the generative AI boom fairly early in the trend. They quickly moved to position the company on the pick-and-shovel side of the opportunity, providing cloud services and data center capacity to companies that were working to create and market consumer-facing large language models (LLMs). That push into the cloud infrastructure segment was underpinned by a substantial reorganization of Oracle's corporate structure.
This year, the company has already laid off 21,000 employees. That number is expected to rise with a $700 million addition to its restructuring plan (which is now worth $2.8 billion); much of the new spending is earmarked for severance payments and other exit expenses.
#NVIDIA #flashing #early
Oracle's shares are up by a relatively modest 69% over the last five years, well behind chipmakers such as Nvidia and Micron Technology, which have soared by 885% and 1,212%, respectively, in the same time frame. Let's discuss the pros and cons of Oracle, and attempt to predict what a $1,000 position could be worth by the end of the decade.
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 »
Like the leadership teams at many tech giants, Oracle's management recognized the long-term potential of the generative AI boom fairly early in the trend. They quickly moved to position the company on the pick-and-shovel side of the opportunity, providing cloud services and data center capacity to companies that were working to create and market consumer-facing large language models (LLMs). That push into the cloud infrastructure segment was underpinned by a substantial reorganization of Oracle's corporate structure.
This year, the company has already laid off 21,000 employees. That number is expected to rise with a $700 million addition to its restructuring plan (which is now worth $2.8 billion); much of the new spending is earmarked for severance payments and other exit expenses.
#NVIDIA #flashing #early
2 days ago
Following an impressive second quarter FY27, Navan Inc. (NASDAQ:NAVN) announced its acquisition of BoomPop, an AI-powered meetings and events platform that has been recognized by Inc. as one of the fastest-growing private companies in America. Launched in 2023, BoomPop offers end-to-end event management solutions to enterprises, by leveraging artificial intelligence capabilities. Its offerings cover the entire spectrum of event management procedures including venue selection, vendor sourcing, contractual agreement, payments, and more. For Navan, this deal build on an existing alliance between the two entities, which was announced earlier in February. It marks the company's strategic push to expand its footprint across the meetings and events segment, where a large chunk of the spending is still done outside managed platforms.
LStockStudio/Shutterstock.com
The BoomPop acquisition follows a persistent enterprise market momentum reported by the company in its second quarter results, allowing Navan to enter into collaborative agreements with several leading companies during the quarter. These included Enbridge, Ingersoll Rand, ****** mins, and Evotec. Navan also concluded the deal to acquire Smartrips, a well-reputed travel management business, with the aim of bolstering its presence across a rapidly-growing Latin American market.
Notably, Navan registered adjusted net income of $14 million during the second quarter compared to an $8 million loss in Q2 FY26. It came at the back of year-over-year growth figures of 39% and 35% for subscription revenue and usage revenue, respectively.
Through full integration of BoomPop's staff and technology, Navan intends to expand its current meetings and events operations, accelerate its product development timeline, and satisfy growing customer interest. The company aims to deliver a more seamless experience covering travel, expense, meetings, and events.
#navan
LStockStudio/Shutterstock.com
The BoomPop acquisition follows a persistent enterprise market momentum reported by the company in its second quarter results, allowing Navan to enter into collaborative agreements with several leading companies during the quarter. These included Enbridge, Ingersoll Rand, ****** mins, and Evotec. Navan also concluded the deal to acquire Smartrips, a well-reputed travel management business, with the aim of bolstering its presence across a rapidly-growing Latin American market.
Notably, Navan registered adjusted net income of $14 million during the second quarter compared to an $8 million loss in Q2 FY26. It came at the back of year-over-year growth figures of 39% and 35% for subscription revenue and usage revenue, respectively.
Through full integration of BoomPop's staff and technology, Navan intends to expand its current meetings and events operations, accelerate its product development timeline, and satisfy growing customer interest. The company aims to deliver a more seamless experience covering travel, expense, meetings, and events.
#navan
2 days ago
One-time NBA All-Star Dejounte Murray had a bold take about Russell Westbrook.
Westbrook made headlines in the summer after he announced his retirement from the NBA. After playing 18 seasons, the nine-time All-Star decided to start a new chapter in his life. He's considered to be one of the best point guards of all time.
According to Murray, however, Westbrook should be considered the greatest point guard. Although he respects other great guards, the New Orleans Pelicans guard recognized the nine-time All-NBA's passion and tenacity when he's on the floor.
Murray brought this up in an interview with ClutchPoints' Tomer Azarly.
"His work ethic, his passion for the game, and the way he plays the game, that's how the game is supposed to be played," Murray said.
#westbrook #game #nine #guards
Westbrook made headlines in the summer after he announced his retirement from the NBA. After playing 18 seasons, the nine-time All-Star decided to start a new chapter in his life. He's considered to be one of the best point guards of all time.
According to Murray, however, Westbrook should be considered the greatest point guard. Although he respects other great guards, the New Orleans Pelicans guard recognized the nine-time All-NBA's passion and tenacity when he's on the floor.
Murray brought this up in an interview with ClutchPoints' Tomer Azarly.
"His work ethic, his passion for the game, and the way he plays the game, that's how the game is supposed to be played," Murray said.
#westbrook #game #nine #guards
2 days ago
Dispatch.com readers can vote for their favorite boys high school athletes of the week on their desktop, the Dispatch.com mobile web or Dispatch app once per hour by scrolling down to ballots listed below.
Deadline is 4 p.m. Friday, Sept. 18.
The Ohio State University Wexner Medical Center high school Athlete of the Week voting occurs each week during high school sports competition and recognizes athletes across all sports.
Last week's Athlete of the Week: Berlin's Ethan Litton voted Boys Athlete of the Week presented by Wexner Medical Center
If you can't see the ballot when you scroll to the bottom of this story, try refreshing the link or clearing the cache in your browser. You do not have to be a subscriber to vote.
#wexner #medical
Deadline is 4 p.m. Friday, Sept. 18.
The Ohio State University Wexner Medical Center high school Athlete of the Week voting occurs each week during high school sports competition and recognizes athletes across all sports.
Last week's Athlete of the Week: Berlin's Ethan Litton voted Boys Athlete of the Week presented by Wexner Medical Center
If you can't see the ballot when you scroll to the bottom of this story, try refreshing the link or clearing the cache in your browser. You do not have to be a subscriber to vote.
#wexner #medical
2 days ago
On August 4, Willis Lease Finance Corporation (NASDAQ:WLFC) reported second-quarter results that pulled in two directions at once. The lessor of commercial aircraft engines grew its operating business at a healthy clip, yet net income fell by more than half, a split that makes this quarter harder to read than the headline suggests.
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.
#lease #capital #months
Income from operations climbed 20.2% to $34.0 million in the quarter ended June 30, 2026, and the engine underneath that number is lease rent revenue, which rose 6.7% to $77.1 million as the average size of Willis Lease's portfolio expanded from a year earlier. Over the first six months of 2026, lease rent revenue is up 10.4% to $154.5 million, a steadier pace than the quarterly figure alone implies.
The company's trading business added to that. Willis Lease booked a $32.0 million gain on the sale of leased equipment, up 16.2%, after selling 21 engines and other parts and equipment during the quarter, compared with 14 engines and two airframes a year earlier. That kind of turnover matters for a leasing company, since selling ****** ets at a gain confirms that engine values in the market are holding up.
The bigger story sits in how Willis Lease is expanding beyond its own balance sheet. ****** ets under management, which folds in the company's on-balance-sheet fleet along with its Willis Aviation Capital business, grew 21% year over year to $4.4 billion. CEO Austin C. Willis tied that growth directly to building out Willis Aviation Capital, and the fee income backs that up: management and advisory fees jumped 113.4% to $5.5 million in the quarter and 194.9% to $13.4 million over six months. Two new investment fund partnerships, one with Liberty Mutual Investments that began operating in March 2026 and one with Blackstone Credit & Insurance that started in April 2026, are the mechanics behind that shift toward managing other people's capital rather than only deploying its own.
Net income attributable to common shareholders fell 51.2% to $28.7 million, and diluted earnings per share dropped from $2.81 to $1.31. Some of that gap traces to a tough comparison rather than a weaker quarter, since the second quarter of 2025 included a $43.0 million gain from the sale of the BAML business that had no counterpart this year. Willis Lease also recognized a $5.4 million loss on debt extinguishment in the quarter, and $12.4 million over six months, a cost tied to refinancing that simply was not there in 2025.
#lease #capital #months
2 days ago
On September 10, Adobe (NASDAQ:ADBE) posted record third-quarter revenue of $6.76 billion, up 13% year over year, and raised its full-year revenue and profit targets. Non-GAAP EPS climbed 15% to $6.13, while GAAP EPS rose 11% to $4.62. Buried inside those headline numbers was a sharper story: AI-first ending ARR topped $650 million, growing more than 150% year over year. The same call brought a leadership change, with Anil S. Chakravarthy set to take over as CEO from Shantanu Narayen on December 1. Investors got a lot to digest in one afternoon.
Adobe's AI tools are no longer just a demo. Firefly ending ARR, which spans the Firefly app and its credit packs, grew 40% quarter over quarter, and the Acrobat AI ******* istant doubled its monthly active users over the same three months. Total monthly active users across Adobe's businesses surpassed 1 billion in the quarter, up more than 20% year over year, and creative premium MAU crossed 100 million, up more than 70%. Business professionals and consumers MAU passed 900 million, up more than 25%. That kind of user growth, concentrated in free and freemium tiers, is what feeds the paid AI upgrades now showing up in ARR.
The company backed that growth with cash. Operating cash flow hit a third-quarter record of $2.52 billion, and Adobe bought back roughly 9.5 million shares during the quarter, leaving $24.55 billion still authorized for repurchases. Management raised its full-year revenue target to a range of $26.58 billion to $26.63 billion and its non-GAAP EPS target to $24.45 to $24.50. On the product side, Adobe struck a deal to acquire Topaz Labs, whose AI enhancement models for image and video work would slot directly into Firefly and Creative Cloud. Enterprise demand held up too, with ending ARR growing more than 20% year over year at each of Adobe Experience Manager, Adobe Gen Studio, and Adobe Experience Platform.
Not every metric moved as fast. Remaining performance obligations, the backlog of contracted but unrecognized revenue, grew 8% year over year to $22.16 billion, trailing both the 13% revenue growth and the 11.2% growth in total ending ARR. Current RPO grew 9%, also behind the topline. Interim CFO Steven Day flagged a separate issue heading into the fourth quarter: a foreign-exchange headwind that partly offset the benefit of the third-quarter beat when management updated its full-year guidance.
AI-first ARR, for all its 150% growth rate, is still just over $650 million against a total ARR base of $27.50 billion, so it remains a small slice of the business even as it scales. The transition arrives at a pivotal moment too, with Chakravarthy set to take the CEO seat on Dec. 1 just as the company leans harder into an unproven agentic-software strategy, and the Topaz Labs deal still needs to clear regulatory approval before it adds anything to the numbers.
#adobe #billion #million
Adobe's AI tools are no longer just a demo. Firefly ending ARR, which spans the Firefly app and its credit packs, grew 40% quarter over quarter, and the Acrobat AI ******* istant doubled its monthly active users over the same three months. Total monthly active users across Adobe's businesses surpassed 1 billion in the quarter, up more than 20% year over year, and creative premium MAU crossed 100 million, up more than 70%. Business professionals and consumers MAU passed 900 million, up more than 25%. That kind of user growth, concentrated in free and freemium tiers, is what feeds the paid AI upgrades now showing up in ARR.
The company backed that growth with cash. Operating cash flow hit a third-quarter record of $2.52 billion, and Adobe bought back roughly 9.5 million shares during the quarter, leaving $24.55 billion still authorized for repurchases. Management raised its full-year revenue target to a range of $26.58 billion to $26.63 billion and its non-GAAP EPS target to $24.45 to $24.50. On the product side, Adobe struck a deal to acquire Topaz Labs, whose AI enhancement models for image and video work would slot directly into Firefly and Creative Cloud. Enterprise demand held up too, with ending ARR growing more than 20% year over year at each of Adobe Experience Manager, Adobe Gen Studio, and Adobe Experience Platform.
Not every metric moved as fast. Remaining performance obligations, the backlog of contracted but unrecognized revenue, grew 8% year over year to $22.16 billion, trailing both the 13% revenue growth and the 11.2% growth in total ending ARR. Current RPO grew 9%, also behind the topline. Interim CFO Steven Day flagged a separate issue heading into the fourth quarter: a foreign-exchange headwind that partly offset the benefit of the third-quarter beat when management updated its full-year guidance.
AI-first ARR, for all its 150% growth rate, is still just over $650 million against a total ARR base of $27.50 billion, so it remains a small slice of the business even as it scales. The transition arrives at a pivotal moment too, with Chakravarthy set to take the CEO seat on Dec. 1 just as the company leans harder into an unproven agentic-software strategy, and the Topaz Labs deal still needs to clear regulatory approval before it adds anything to the numbers.
#adobe #billion #million
3 days ago
After matching tattoos and Kyle Richards starring as the love interest in Morgan Wade's music video, Richards has given fans another reason to talk about her longtime friendship with the country singer. The Real Housewives of Beverly Hills star was recently spotted in a Polo hoodie that Wade has also worn. The sight immediately caught the attention of fans who closely follow the two women.
Richards, 57, arrived back in Los Angeles earlier this week in a gray Polo Ralph Lauren hoodie with the brand's signature bear. Fans quickly recognized the piece because Wade, 31, has previously worn a hoodie that looks exactly the same.
The clothing connection soon made its way onto X. One account posted side-by-side pictures of Richards and Wade wearing similar hoodies, writing, "Kyle arriving back to Los Angeles today. And if you recognise the hoodie? Well, not surprised."
While the sighting does not establish anything beyond the two women owning or wearing similar clothing, it has naturally attracted attention. Richards and Wade have been at the center of relationship speculation for years, making even small details involving the pair a talking point among fans.
There is also some history behind the matching wardrobe. Kyle Richards previously confirmed that she and Wade share clothes. During an August 2023 Amazon Live, she addressed fans' observations about their similar outfits. Richards said at the time, "We share clothes, you know?" She added, "I mean, I have a lot of friends that I share clothes with."
#polo
Richards, 57, arrived back in Los Angeles earlier this week in a gray Polo Ralph Lauren hoodie with the brand's signature bear. Fans quickly recognized the piece because Wade, 31, has previously worn a hoodie that looks exactly the same.
The clothing connection soon made its way onto X. One account posted side-by-side pictures of Richards and Wade wearing similar hoodies, writing, "Kyle arriving back to Los Angeles today. And if you recognise the hoodie? Well, not surprised."
While the sighting does not establish anything beyond the two women owning or wearing similar clothing, it has naturally attracted attention. Richards and Wade have been at the center of relationship speculation for years, making even small details involving the pair a talking point among fans.
There is also some history behind the matching wardrobe. Kyle Richards previously confirmed that she and Wade share clothes. During an August 2023 Amazon Live, she addressed fans' observations about their similar outfits. Richards said at the time, "We share clothes, you know?" She added, "I mean, I have a lot of friends that I share clothes with."
#polo
3 days ago
After matching tattoos and Kyle Richards starring as the love interest in Morgan Wade's music video, Richards has given fans another reason to talk about her longtime friendship with the country singer. The Real Housewives of Beverly Hills star was recently spotted in a Polo hoodie that Wade has also worn. The sight immediately caught the attention of fans who closely follow the two women.
Richards, 57, arrived back in Los Angeles earlier this week in a gray Polo Ralph Lauren hoodie with the brand's signature bear. Fans quickly recognized the piece because Wade, 31, has previously worn a hoodie that looks exactly the same.
The clothing connection soon made its way onto X. One account posted side-by-side pictures of Richards and Wade wearing similar hoodies, writing, "Kyle arriving back to Los Angeles today. And if you recognise the hoodie? Well, not surprised."
While the sighting does not establish anything beyond the two women owning or wearing similar clothing, it has naturally attracted attention. Richards and Wade have been at the center of relationship speculation for years, making even small details involving the pair a talking point among fans.
There is also some history behind the matching wardrobe. Kyle Richards previously confirmed that she and Wade share clothes. During an August 2023 Amazon Live, she addressed fans' observations about their similar outfits. Richards said at the time, "We share clothes, you know?" She added, "I mean, I have a lot of friends that I share clothes with."
#richards #fans #polo
Richards, 57, arrived back in Los Angeles earlier this week in a gray Polo Ralph Lauren hoodie with the brand's signature bear. Fans quickly recognized the piece because Wade, 31, has previously worn a hoodie that looks exactly the same.
The clothing connection soon made its way onto X. One account posted side-by-side pictures of Richards and Wade wearing similar hoodies, writing, "Kyle arriving back to Los Angeles today. And if you recognise the hoodie? Well, not surprised."
While the sighting does not establish anything beyond the two women owning or wearing similar clothing, it has naturally attracted attention. Richards and Wade have been at the center of relationship speculation for years, making even small details involving the pair a talking point among fans.
There is also some history behind the matching wardrobe. Kyle Richards previously confirmed that she and Wade share clothes. During an August 2023 Amazon Live, she addressed fans' observations about their similar outfits. Richards said at the time, "We share clothes, you know?" She added, "I mean, I have a lot of friends that I share clothes with."
#richards #fans #polo
3 days ago
Hub Group anticipates receiving a delisting notification from Nasdaq following delays in submitting its financial reports, which stemmed from an accounting error identified earlier this year. The company missed a Monday deadline to comply with Nasdaq's financial reporting requirements. It will ask for a hearing to keep its stock listing intact and plans to seek a further extension of the filing requirements.
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
The company said receipt of the letter doesn't mean shares will immediately stop trading, and that the hearing request will automatically stay a delisting for 15 calendar days. It will also ask for shares not to be delisted during the hearing process, which can take approximately 30 to 45 days to commence following the request.
"While there can be no ***** urances, the Company expects that the Company's Class A common stock will continue to trade on the Nasdaq Global Select Market during the hearing process," a Monday news release stated. "In addition, the Company expects to present to the Nasdaq Hearings Panel a compelling plan to regain full compliance with Nasdaq's continued listing requirements and to secure sufficient time to execute such plan."
Hub Group (NASDAQ: HUBG) announced in February that it had identified a $77-million understatement in purchased transportation expenses during the first three quarters of 2025, and that it was delaying fourth-quarter and full-year 2025 financial reporting. It said in May that "prematurely or incorrectly recognized" transactions were also discovered during 2023 and 2024, and that those periods, along with the first three quarters of 2025, would need to be restated.
It plans to complete the restatement process and file results for the outstanding periods during the fourth quarter. Shares of HUBG were off 6.2% in early trading on Monday compared to the S&P 500, which was down 0.6%.
#NASDAQ #shares #process
3 days ago
Founded in 1977 and headquartered in South Korea, LX Pantos has grown into a global logistics provider spanning freight forwarding, contract logistics, e-commerce fulfillment, last-mile delivery and installation, and supply chain management consulting. The company now operates more than 380 locations worldwide with a workforce of approximately 8,500 employees, moving more than 1.6 million TEUs of ocean freight and over 120,000 tons of air freight annually. In 2025, LX Pantos recorded revenue of approximately $5.85 billion.
For President and CEO Lee Yong-ho, those figures mark a foundation rather than a destination.
"Since **** uming the role of CEO, I have set a clear vision for LX Pantos: to build the company into a 'Korea-born, global logistics company,' and we have been pursuing that goal with unwavering commitment," Lee said.
That vision marks a departure from the model that carried LX Pantos for decades on domestic corporate freight volumes.
"For many years, LX Pantos grew rapidly by leveraging freight volumes from domestic corporate customers. However, we have also recognized that growth driven primarily by the domestic market has its limitations," Lee said. "It is now time for LX Pantos to evolve into a truly global logistics company — one that is not confined to any single country or customer segment, but is capable of delivering comprehensive logistics solutions to customers worldwide."
#pantos #Logistics
For President and CEO Lee Yong-ho, those figures mark a foundation rather than a destination.
"Since **** uming the role of CEO, I have set a clear vision for LX Pantos: to build the company into a 'Korea-born, global logistics company,' and we have been pursuing that goal with unwavering commitment," Lee said.
That vision marks a departure from the model that carried LX Pantos for decades on domestic corporate freight volumes.
"For many years, LX Pantos grew rapidly by leveraging freight volumes from domestic corporate customers. However, we have also recognized that growth driven primarily by the domestic market has its limitations," Lee said. "It is now time for LX Pantos to evolve into a truly global logistics company — one that is not confined to any single country or customer segment, but is capable of delivering comprehensive logistics solutions to customers worldwide."
#pantos #Logistics
4 days ago
ASPEN, COLORADO - FEBRUARY 03: Loreal Sarkisian attends the Aspen Snow Ball at The St. Regis Aspen Resort on February 03, 2024 in Aspen, Colorado. (Photo by Nick Tininenko/Getty Images for Children's Oncology Support Fund) Getty
ATLANTA, GEORGIA - JANUARY 01: USC **** istant track and field coach, and wife of Head coach Steve Sarkisian of the Texas Longhorns, Loreal Smith, reacts prior to the Chick-fil-A Peach Bowl against the Arizona State Sun Devils at Mercedes-Benz Stadium on January 01, 2025 in Atlanta, Georgia. (Photo by Todd Kirkland/Getty Images) Getty
Texas head coach Steve Sarkisian and wife, Loreal Sarkisian, have made it abundantly clear that the two appear to have reconciled. Back in 2024, the couple announced that they planned to file for divorce.
Yet, over the last year, Loreal has once again been a regular at Texas football games. Ahead of Texas' showdown against Ohio State in Week 2, Loreal revealed that her passion for fashion was recognized by ESPN among other outlets during the Longhorns' season opener.
Sarkisian's wife is balancing the start of the college football season with New York Fashion Week. Loreal grabbed attention for her stylish white dress during Texas' win over Texas State in the season opener.
#state #coach
ATLANTA, GEORGIA - JANUARY 01: USC **** istant track and field coach, and wife of Head coach Steve Sarkisian of the Texas Longhorns, Loreal Smith, reacts prior to the Chick-fil-A Peach Bowl against the Arizona State Sun Devils at Mercedes-Benz Stadium on January 01, 2025 in Atlanta, Georgia. (Photo by Todd Kirkland/Getty Images) Getty
Texas head coach Steve Sarkisian and wife, Loreal Sarkisian, have made it abundantly clear that the two appear to have reconciled. Back in 2024, the couple announced that they planned to file for divorce.
Yet, over the last year, Loreal has once again been a regular at Texas football games. Ahead of Texas' showdown against Ohio State in Week 2, Loreal revealed that her passion for fashion was recognized by ESPN among other outlets during the Longhorns' season opener.
Sarkisian's wife is balancing the start of the college football season with New York Fashion Week. Loreal grabbed attention for her stylish white dress during Texas' win over Texas State in the season opener.
#state #coach
4 days ago
Red Sox's $60M Prospect Not Expected to Come Up Due to Tough Injury originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
As the Boston Red Sox deal with multiple injuries on both sides of the baseball at the moment, there is certainly a path for some players to return to the big-league roster. One of those guys was Kristian Campbell, the former star prospect whom the Red Sox paid very early, a decision that hasn't exactly worked out to the fullest just yet.
However, it's also important to recognize that Campbell is very young, and with a ton of upside and what he's shown throughout the minor leagues this season, especially recently, there's a lot of hope that he can eventually be that guy.
While there seems to have been a possibility that he could have been called up over the past few days because of some of the injuries the Red Sox have dealt with, it's now being reported that because of his injury, it doesn't seem likely that he's going to get the call.
This is an unfortunate situation in what's been a tough past year or so for Campbell, but it's the harsh reality of Major League Baseball.
#campbell #injury #Baseball
As the Boston Red Sox deal with multiple injuries on both sides of the baseball at the moment, there is certainly a path for some players to return to the big-league roster. One of those guys was Kristian Campbell, the former star prospect whom the Red Sox paid very early, a decision that hasn't exactly worked out to the fullest just yet.
However, it's also important to recognize that Campbell is very young, and with a ton of upside and what he's shown throughout the minor leagues this season, especially recently, there's a lot of hope that he can eventually be that guy.
While there seems to have been a possibility that he could have been called up over the past few days because of some of the injuries the Red Sox have dealt with, it's now being reported that because of his injury, it doesn't seem likely that he's going to get the call.
This is an unfortunate situation in what's been a tough past year or so for Campbell, but it's the harsh reality of Major League Baseball.
#campbell #injury #Baseball
5 days ago
1900
The White Sox beat the Cleveland Blues, 12-4, in Chicago to clinch the franchise's first pennant. (The American League would not be recognized as an official major league until 1901, however.) Roy Patterson got the win in the game.
The season seemed to set the tone for the franchise, with exceptional pitching and defense — and just enough hitting to win games. Cleveland manager Jimmy McAleer said as much after the Sox clinched against his club: "It's the strangest thing that ever happened. A club with no good batsman to win a flag! Why, such a thing was never heard of before. [Dick] Padden has done most of it. He has been the whole works, and has shown himself a born general. The pitchers did the rest, with special credit to that lad Patterson."
Brett Ballantini devoted an episode of South Side Sox's Flashback to this win, back in 2019.
1908
Ultimately, the White Sox did not prevail for the pennant, but don't say they didn't put up a fight. Arriving at Detroit's Bennett Park for a five-game set against the first-place Tigers and behind by three games, the White Sox won the opener, then played four consecutive extra-inning games to finish out the series, splitting them. On this day, the White Sox got back to just two games out with a 2-1 victory in 10 innings. Frank Smith not only went the distance for his 12th win on the season, he singled in the game-winner in the top of the 10th.
The White Sox continued a three-way fight for the pennant (with Cleveland as well), and the season came down to the last day, hosting Detroit. Had the White Sox not been blown out in the finale, they would have finished tied with (but percentage points ahead of) Cleveland and a half-game in front of the Tigers for the pennant.
#white #season #patterson #league
The White Sox beat the Cleveland Blues, 12-4, in Chicago to clinch the franchise's first pennant. (The American League would not be recognized as an official major league until 1901, however.) Roy Patterson got the win in the game.
The season seemed to set the tone for the franchise, with exceptional pitching and defense — and just enough hitting to win games. Cleveland manager Jimmy McAleer said as much after the Sox clinched against his club: "It's the strangest thing that ever happened. A club with no good batsman to win a flag! Why, such a thing was never heard of before. [Dick] Padden has done most of it. He has been the whole works, and has shown himself a born general. The pitchers did the rest, with special credit to that lad Patterson."
Brett Ballantini devoted an episode of South Side Sox's Flashback to this win, back in 2019.
1908
Ultimately, the White Sox did not prevail for the pennant, but don't say they didn't put up a fight. Arriving at Detroit's Bennett Park for a five-game set against the first-place Tigers and behind by three games, the White Sox won the opener, then played four consecutive extra-inning games to finish out the series, splitting them. On this day, the White Sox got back to just two games out with a 2-1 victory in 10 innings. Frank Smith not only went the distance for his 12th win on the season, he singled in the game-winner in the top of the 10th.
The White Sox continued a three-way fight for the pennant (with Cleveland as well), and the season came down to the last day, hosting Detroit. Had the White Sox not been blown out in the finale, they would have finished tied with (but percentage points ahead of) Cleveland and a half-game in front of the Tigers for the pennant.
#white #season #patterson #league
5 days ago
Seth Green says he first started getting recognized between 1997 and 1999 after several major projects
He found the attention uncomfortable, as he values his anonymity and prefers staying out of the spotlight
Green says acting allows him to express himself fully, describing it as where he feels most like himself
Seth Green can pinpoint the exact moment in his career when he started getting recognized in public.
Joining Josh McBride for The McBride Rewind podcast, Green, 52, said he first started feeling the effects of fame in the late '90s.
#first #himself #josh
He found the attention uncomfortable, as he values his anonymity and prefers staying out of the spotlight
Green says acting allows him to express himself fully, describing it as where he feels most like himself
Seth Green can pinpoint the exact moment in his career when he started getting recognized in public.
Joining Josh McBride for The McBride Rewind podcast, Green, 52, said he first started feeling the effects of fame in the late '90s.
#first #himself #josh
5 days ago
Santos FC and Umbro, the Club's official sponsor, are launching the Club's new third kit for the season. Built around the concept "Go with determination," one of the chants sung by the fans in the stands, the jersey seeks to revive elements from a season marked by the strength, resilience, and fighting spirit of the Santos side.
The inspiration comes from the 1997 kit, a year in which Santos FC fielded a team of widely recognized technical quality and built its journey throughout the season with determination in the face of challenges. The new kit transforms that spirit into a contemporary reinterpretation, connecting memory and tradition with a more modern visual proposal.
"The launch of the number 3 kit strengthens Santos FC's connection with its history and with a period of great emotion. More than that, it reinforces its bond with the fans and with a chant that represents encouragement and motivation for our players. The phrase 'Go with determination' has been part of great victories and historic comebacks. Santos FC and Umbro have maintained a long partnership, focused on the club and especially on our fans. In practice, it is a tribute to and recognition of the strength that comes from the stands. It will certainly be another success story," said Marcelo Teixeira, president of Santos FC.
Predominantly black, the jersey embraces a low-contrast aesthetic and a minimalist look, with white details and a jacquard fabric that combines matte and glossy finishes. The effect creates a subtle texture throughout the garment and reinforces the model's refined proposal.
One of the main highlights is the modern reinterpretation of the crest used by Santos FC in 1997, an element that creates a direct link to the kit's historical inspiration. In the Player version, the crest is applied in TPU, while the version intended for fans uses a woven application.
#santos #jersey #spirit
The inspiration comes from the 1997 kit, a year in which Santos FC fielded a team of widely recognized technical quality and built its journey throughout the season with determination in the face of challenges. The new kit transforms that spirit into a contemporary reinterpretation, connecting memory and tradition with a more modern visual proposal.
"The launch of the number 3 kit strengthens Santos FC's connection with its history and with a period of great emotion. More than that, it reinforces its bond with the fans and with a chant that represents encouragement and motivation for our players. The phrase 'Go with determination' has been part of great victories and historic comebacks. Santos FC and Umbro have maintained a long partnership, focused on the club and especially on our fans. In practice, it is a tribute to and recognition of the strength that comes from the stands. It will certainly be another success story," said Marcelo Teixeira, president of Santos FC.
Predominantly black, the jersey embraces a low-contrast aesthetic and a minimalist look, with white details and a jacquard fabric that combines matte and glossy finishes. The effect creates a subtle texture throughout the garment and reinforces the model's refined proposal.
One of the main highlights is the modern reinterpretation of the crest used by Santos FC in 1997, an element that creates a direct link to the kit's historical inspiration. In the Player version, the crest is applied in TPU, while the version intended for fans uses a woven application.
#santos #jersey #spirit
5 days ago
Washington Commanders head coach Dan Quinn is beloved by his players. Whether it was during his time as a position coach, defensive coordinator, or now in his second tenure as an NFL head coach, Quinn is loved and respected across the NFL.
There's a reason why you hear other prominent players on rival teams express their love and respect for Quinn, such as Micah Parsons. Most recently, Quinn has taken a special interest in Washington's first-round pick, linebacker Sonny Styles. During training camp, Quinn referenced a conversation he had with Styles about making mistakes.
"We're chasing hard to have absolute elite execution," Quinn said last month. "I also recognize there are gonna be mistakes, and I want them to happen when you're working right on the edge of something; you're going to make them. I encouraged Sonny just the other day: make them. I want you to test yourself to see: Can I go to that ****** e to get the ball? Can I be in that location? Can I go take my shot? I want them right on the edge, knowing that mistakes are part of it, and then when they happen, that they don't get repeated. And so, that's the execution piece."
Great advice from Quinn to a talented young player adjusting to life in the NFL who may be afraid of making mistakes.
Styles recently shared some notable advice that Quinn gave him.
#want #making
There's a reason why you hear other prominent players on rival teams express their love and respect for Quinn, such as Micah Parsons. Most recently, Quinn has taken a special interest in Washington's first-round pick, linebacker Sonny Styles. During training camp, Quinn referenced a conversation he had with Styles about making mistakes.
"We're chasing hard to have absolute elite execution," Quinn said last month. "I also recognize there are gonna be mistakes, and I want them to happen when you're working right on the edge of something; you're going to make them. I encouraged Sonny just the other day: make them. I want you to test yourself to see: Can I go to that ****** e to get the ball? Can I be in that location? Can I go take my shot? I want them right on the edge, knowing that mistakes are part of it, and then when they happen, that they don't get repeated. And so, that's the execution piece."
Great advice from Quinn to a talented young player adjusting to life in the NFL who may be afraid of making mistakes.
Styles recently shared some notable advice that Quinn gave him.
#want #making
5 days ago
Deutsche Bank Aktiengesellschaft (NYSE:DB) said on September 7 that it had settled a Frankfurt lawsuit brought by former banker Dario Schiraldi, according to Reuters. He had sought €152 million in damages, but the settlement amount was not disclosed. The bank said the agreement would have only a small financial effect on third-quarter earnings.
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
The distinction matters: €152 million was the claim, while the payment remains confidential. The earnings impact also does not establish the cash cost, because a settlement payment may discharge a liability for which an expense was recognized earlier.
Four former employees continue to pursue claims exceeding £600 million in London. The Frankfurt agreement therefore reduces the number of unresolved cases without establishing the cost of resolving the wider dispute.
Deutsche Bank Aktiengesellschaft (NYSE:DB) has removed one source of litigation uncertainty. The Frankfurt court confirmed that Schiraldi withdrew his case ahead of the scheduled hearing. Investors now have management's ***** sment of a limited near-term earnings effect instead of an unresolved damages demand.
The agreement also shows that negotiated resolutions are possible. It was the second settlement involving the six former employees who brought related claims. Further agreements could reduce litigation costs and management distraction if acceptable terms can be reached.
#million
5 days ago
Oxford Industries, Inc. (NYSE:OXM) reported fiscal second-quarter net sales of $394.4 million, down 2.2%. Full-price direct-to-consumer sales declined 1%, while wholesale sales fell 14%, primarily reflecting lower off-price sales.
GAAP gross margin increased to 73.8% from 61.4% after Oxford Industries, Inc. (NYSE:OXM) recognized approximately $42 million of tariff refund claims as a reduction of cost of goods sold. Company-defined non-GAAP adjusted gross margin, excluding tariff refunds and LIFO effects, still improved to 63.1% from 61.7%. Updated **** ortment, sourcing, and pricing strategies increased initial markups, while lower off-price wholesale sales improved the sales mix.
Oxford Industries, Inc. (NYSE:OXM) lowered full-year sales guidance to $1.43 billion to $1.47 billion from $1.475 billion to $1.505 billion. Company-defined non-GAAP adjusted EPS guidance fell to $1.60 to $2.00 from $2.30 to $2.70, reducing the midpoint by 28%. Adjusted EPS excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, distribution-center relocation costs, merchandising initiatives, store-closure impairments and related taxes.
Underlying margin expansion suggests Oxford Industries, Inc. (NYSE:OXM) improved product economics beyond the one-time refund. Company-defined non-GAAP adjusted operating income, which excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, and specified distribution-center, merchandising, and store-closure costs, increased to $29.3 million from $28.3 million. Adjusted operating margin rose to 7.4% from 7.0%.
Tommy Bahama remained the strongest major brand for Oxford Industries, Inc. (NYSE:OXM), with sales increasing 0.8% and adjusted gross margin rising to 63.6% from 60.7%. FIFO inventory fell $9 million, or 4%, from one year earlier, reducing markdown exposure.
#gaap
GAAP gross margin increased to 73.8% from 61.4% after Oxford Industries, Inc. (NYSE:OXM) recognized approximately $42 million of tariff refund claims as a reduction of cost of goods sold. Company-defined non-GAAP adjusted gross margin, excluding tariff refunds and LIFO effects, still improved to 63.1% from 61.7%. Updated **** ortment, sourcing, and pricing strategies increased initial markups, while lower off-price wholesale sales improved the sales mix.
Oxford Industries, Inc. (NYSE:OXM) lowered full-year sales guidance to $1.43 billion to $1.47 billion from $1.475 billion to $1.505 billion. Company-defined non-GAAP adjusted EPS guidance fell to $1.60 to $2.00 from $2.30 to $2.70, reducing the midpoint by 28%. Adjusted EPS excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, distribution-center relocation costs, merchandising initiatives, store-closure impairments and related taxes.
Underlying margin expansion suggests Oxford Industries, Inc. (NYSE:OXM) improved product economics beyond the one-time refund. Company-defined non-GAAP adjusted operating income, which excludes LIFO effects, tariff refunds and related interest, Johnny Was amortization, and specified distribution-center, merchandising, and store-closure costs, increased to $29.3 million from $28.3 million. Adjusted operating margin rose to 7.4% from 7.0%.
Tommy Bahama remained the strongest major brand for Oxford Industries, Inc. (NYSE:OXM), with sales increasing 0.8% and adjusted gross margin rising to 63.6% from 60.7%. FIFO inventory fell $9 million, or 4%, from one year earlier, reducing markdown exposure.
#gaap
5 days ago
Penn State players have been named to award watch lists all summer long for being the best player at their position group or showing resiliency in returning from injury. But the latest Nittany Lion named to a watch list is being recognized for his work on and off the field.
Offensive lineman Cooper Cousins has been named to the Jason Witten Man of the Year award watch list, an honor that showcases a player who has displayed the best character and has shown commitment to community, family and teammates. Cousins isn't just one of the more promising offensive linemen in the nation — he's also one of the best people in the sport.
He's done nothing but great things in the community since coming to State College in 2024. Cousins struck up a friendship in his freshman year with a 10-year-old boy named Gannon Kupko Jr. who is dealing with a serious illness. He also spoke at the 2025 Game Day Gala, an event for children fighting difficult battles like Gannon, and the function raised more than $3 million.
Cousins is one of the most important players on the Nittany Lions, and he's also a pillar in the community. It will be a treat to watch him continue to work this season and make a lasting impact on the community.
Follow Nittany Lions Wire on X and Facebook.
#watch #nittany #year #lions
Offensive lineman Cooper Cousins has been named to the Jason Witten Man of the Year award watch list, an honor that showcases a player who has displayed the best character and has shown commitment to community, family and teammates. Cousins isn't just one of the more promising offensive linemen in the nation — he's also one of the best people in the sport.
He's done nothing but great things in the community since coming to State College in 2024. Cousins struck up a friendship in his freshman year with a 10-year-old boy named Gannon Kupko Jr. who is dealing with a serious illness. He also spoke at the 2025 Game Day Gala, an event for children fighting difficult battles like Gannon, and the function raised more than $3 million.
Cousins is one of the most important players on the Nittany Lions, and he's also a pillar in the community. It will be a treat to watch him continue to work this season and make a lasting impact on the community.
Follow Nittany Lions Wire on X and Facebook.
#watch #nittany #year #lions
6 days ago
IDEXX Laboratories, Inc. (IDXX) is a leading animal-health diagnostics and technology company best known for providing veterinarians with diagnostic testing, laboratory services, software, and imaging solutions. Valued at a market cap of $45.7 billion, the company develops and supplies diagnostic instruments, test kits, software, and laboratory services that help veterinarians, farmers, and laboratories detect diseases and monitor animal health.
Companies worth between $10 billion and $200 billion are typically classified as "large-cap stocks," and IDXX fits the label perfectly. The company is widely recognized as a market leader in veterinary diagnostics, supported by strong brand recognition, a large installed base of diagnostic instruments across veterinary practices, and a recurring revenue model fueled by consumables and testing services. With its solutions used by veterinary practices in more than 175 countries, the company has built a strong global presence and a broad, highly recurring customer base.
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#Services #Stock #laboratories
Companies worth between $10 billion and $200 billion are typically classified as "large-cap stocks," and IDXX fits the label perfectly. The company is widely recognized as a market leader in veterinary diagnostics, supported by strong brand recognition, a large installed base of diagnostic instruments across veterinary practices, and a recurring revenue model fueled by consumables and testing services. With its solutions used by veterinary practices in more than 175 countries, the company has built a strong global presence and a broad, highly recurring customer base.
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#Services #Stock #laboratories
6 days ago
Texas football news: The Arch Manning skill that has Ohio State worried about getting 'killed' appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The Saturday showdown between No. 4 Texas and No. 1 Ohio State has much more at stake than a win or loss. For Texas QB Arch Manning, it's proving he's NFL material.
Ironically, ******* ody recognizes that more than the Buckeyes themselves.
On Friday, Ohio State coaches revealed the skills Manning brings to the field that they plan to watch for, per Bruce Feldman of The Athletic.
Watch sports LIVE with fuboTV (free trial)
#manning #watch #source
The Saturday showdown between No. 4 Texas and No. 1 Ohio State has much more at stake than a win or loss. For Texas QB Arch Manning, it's proving he's NFL material.
Ironically, ******* ody recognizes that more than the Buckeyes themselves.
On Friday, Ohio State coaches revealed the skills Manning brings to the field that they plan to watch for, per Bruce Feldman of The Athletic.
Watch sports LIVE with fuboTV (free trial)
#manning #watch #source
6 days ago
Joanna Gaines shared how she and husband Chip took a three-month break from their Magnolia business during a recent appearance on Hoda Kotb's Joy 101 podcast
The couple paused their work on Magnolia, their lifestyle brand, after nearly 25 years of nonstop building and growth
Joanna says the break helped her refocus and recognize early signs of burnout to avoid it in the future
Joanna Gaines is keeping it real when it comes to needing to take a break.
During a recent appearance on Hoda Kotb's Joy 101 podcast, the Fixer Upper star and Magnolia co-founder, 48, reflected on building her lifestyle brand with husband Chip, 51, and why the pair chose to take a brief sabbatical in response to Kotb's question about the "power of pausing."
#joanna #appearance
The couple paused their work on Magnolia, their lifestyle brand, after nearly 25 years of nonstop building and growth
Joanna says the break helped her refocus and recognize early signs of burnout to avoid it in the future
Joanna Gaines is keeping it real when it comes to needing to take a break.
During a recent appearance on Hoda Kotb's Joy 101 podcast, the Fixer Upper star and Magnolia co-founder, 48, reflected on building her lifestyle brand with husband Chip, 51, and why the pair chose to take a brief sabbatical in response to Kotb's question about the "power of pausing."
#joanna #appearance
6 days ago
Nvidia (NVDA) Jensen Huang was seated next to US Commerce Secretary Howard Lutnick on a G20 stage on Sept. 2, recalling the first time the two of them met, when he put a number on what the world is about to spend. "You recognize that the infrastructure buildout is not going to be in the tens of billions, but is going to be in the tens of trillions," Huang said. "That supply chain security is going to be necessary."
The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and the chief executive was in a fireside conversation with the Commerce secretary. Sam Altman appeared at the same event. The exchange was carried live and the "tens of trillions" line went out the same afternoon across the wires.
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#next #trillions
The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and the chief executive was in a fireside conversation with the Commerce secretary. Sam Altman appeared at the same event. The exchange was carried live and the "tens of trillions" line went out the same afternoon across the wires.
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#next #trillions
6 days ago
After signing what President Donald Trump touted as "the biggest oil deal in world history" to take majority control of 65 billion barrels of proven crude oil reserves in Venezuela, the U.S. Administration is setting its sights on the South American country's potentially vast gold and critical minerals wealth.
The Trump Administration is weighing measures to involve U.S. companies in Venezuela's gold and critical minerals and has held initial meetings with firms to see if there is interest in engaging in the Venezuelan mining sector, sources with knowledge of the plans told Reuters this week.
Securing gold and critical minerals from Venezuela could help the U.S. with its supply of metals crucial for defense technology and applications that don't depend on China. Moreover, greater access for U.S. and Western firms in Venezuela's minerals sector would further undermine Chinese and Russian influence in the country, which the ousted Venezuelan leader, Nicolas Maduro, deposed and arrested by the U.S. in January, had enjoyed.
"We are all watching the oil situation closely and recognize there could be a parallel track with critical minerals," an executive from a critical minerals firm who met with the U.S. Administration about Venezuela, told Reuters.
However, the path to mining Venezuela's minerals would not be as straightforward as it arguably is for the oil reserves. Operators generally know how much crude oil Venezuela has (the biggest reserves in the world), but no one really knows the reserves and mining potential of the gold and critical minerals deposits.
#venezuela
The Trump Administration is weighing measures to involve U.S. companies in Venezuela's gold and critical minerals and has held initial meetings with firms to see if there is interest in engaging in the Venezuelan mining sector, sources with knowledge of the plans told Reuters this week.
Securing gold and critical minerals from Venezuela could help the U.S. with its supply of metals crucial for defense technology and applications that don't depend on China. Moreover, greater access for U.S. and Western firms in Venezuela's minerals sector would further undermine Chinese and Russian influence in the country, which the ousted Venezuelan leader, Nicolas Maduro, deposed and arrested by the U.S. in January, had enjoyed.
"We are all watching the oil situation closely and recognize there could be a parallel track with critical minerals," an executive from a critical minerals firm who met with the U.S. Administration about Venezuela, told Reuters.
However, the path to mining Venezuela's minerals would not be as straightforward as it arguably is for the oil reserves. Operators generally know how much crude oil Venezuela has (the biggest reserves in the world), but no one really knows the reserves and mining potential of the gold and critical minerals deposits.
#venezuela
6 days ago
Former All-Star believes the Wizards could lose Anthony Davis and still reach the Playoffs originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Ahead of the 2026-27 NBA season, the Washington Wizards have made some promising developments. They boast a talented squad, and people might not be aware of the number of talented players they have on the roster.
Of course, most people will recognize Anthony Davis and Trae Young as multi-time All-Stars. However, it seems that Davis is not that integral to their plans, especially with trade rumors following him everywhere he goes.
As a former All-Star guard, Jeff Teague knows what it takes for a team to succeed. He was part of that Atlanta Hawks team that became the first seed in 2015, but still disappointed in the Playoffs.
At the moment, the Wizards' focus must be on succeeding in the regular season. It will be quite challenging because of the abundance of talent in the Eastern Conference, so all hands on deck is needed for them to achieve that goal.
#star #anthony #sporting
Ahead of the 2026-27 NBA season, the Washington Wizards have made some promising developments. They boast a talented squad, and people might not be aware of the number of talented players they have on the roster.
Of course, most people will recognize Anthony Davis and Trae Young as multi-time All-Stars. However, it seems that Davis is not that integral to their plans, especially with trade rumors following him everywhere he goes.
As a former All-Star guard, Jeff Teague knows what it takes for a team to succeed. He was part of that Atlanta Hawks team that became the first seed in 2015, but still disappointed in the Playoffs.
At the moment, the Wizards' focus must be on succeeding in the regular season. It will be quite challenging because of the abundance of talent in the Eastern Conference, so all hands on deck is needed for them to achieve that goal.
#star #anthony #sporting
6 days ago
Draymond Green recently recorded an episode of his podcast, 'The Draymond Green Show,' in which he discussed several league topics, including Ben Simmons' NBA return with the Sacramento Kings.
Simmons signed a one-year, $3.5 million deal with the Kings to make his comeback to basketball after taking a year away from the league. When he last played in the 2024-25 season, he averaged 5.6 ******* ists, 5.0 points, and 4.7 rebounds in 51 games while shooting 52.0% from the floor.
Green recognizes that while Ben Simmons is no longer the same All-Star-caliber player people saw in his prime, his arrival mainly benefits Darius Acuff Jr., the 19-year-old point guard the Kings picked seventh overall in the 2026 NBA Draft.
"Number one, I'm happy to see Ben Simmons back in the NBA. Ben Simmons is a talent that, you know, doesn't grow on trees, and we don't get the opportunity to see in the NBA every day. Ben Simmons got off to a very promising start in his career, and then a lot of people try to blame his game and not his injuries."
"It sucks that when guys get injuries, ultimately people start blaming them as a player, you know, as if you have control over the injuries that happened. And I know Ben Simmons was dealing with a back issue. And I know most people don't understand what that means, but let me tell you, as someone who dealt with a back issue, it's debilitating," Draymond Green said.
#kings #know
Simmons signed a one-year, $3.5 million deal with the Kings to make his comeback to basketball after taking a year away from the league. When he last played in the 2024-25 season, he averaged 5.6 ******* ists, 5.0 points, and 4.7 rebounds in 51 games while shooting 52.0% from the floor.
Green recognizes that while Ben Simmons is no longer the same All-Star-caliber player people saw in his prime, his arrival mainly benefits Darius Acuff Jr., the 19-year-old point guard the Kings picked seventh overall in the 2026 NBA Draft.
"Number one, I'm happy to see Ben Simmons back in the NBA. Ben Simmons is a talent that, you know, doesn't grow on trees, and we don't get the opportunity to see in the NBA every day. Ben Simmons got off to a very promising start in his career, and then a lot of people try to blame his game and not his injuries."
"It sucks that when guys get injuries, ultimately people start blaming them as a player, you know, as if you have control over the injuries that happened. And I know Ben Simmons was dealing with a back issue. And I know most people don't understand what that means, but let me tell you, as someone who dealt with a back issue, it's debilitating," Draymond Green said.
#kings #know
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