2 hours ago
Driscoll's, the US berries supplier, has named founding-family member Brie Reiter Smith its new CEO.
Smith's grandfather, Joe Reiter, was a co-founder of Driscoll's. She is also the daughter of Miles Reiter, the company's executive chairman.
She takes over from Soren Bjorn in the new role, with immediate effect.
Bjorn joined Driscoll's in 2006 and was appointed CEO in 2023.
He will continue to support the business through the transition and help with "key strategic priorities", the company said in a statement yesterday (25 August).
#reiter
Smith's grandfather, Joe Reiter, was a co-founder of Driscoll's. She is also the daughter of Miles Reiter, the company's executive chairman.
She takes over from Soren Bjorn in the new role, with immediate effect.
Bjorn joined Driscoll's in 2006 and was appointed CEO in 2023.
He will continue to support the business through the transition and help with "key strategic priorities", the company said in a statement yesterday (25 August).
#reiter
16 hours ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 21, 2026, Salesforce, Inc. (NYSE:CRM) closed at $209.17 per share. The one-month return of Salesforce, Inc. (NYSE:CRM) is 21.95%, while its shares lost 14.59% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $171.31 billion.
SGA Global Growth Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Salesforce was a detractor from performance during the quarter as investor sentiment remained cautious following another quarter that merely met its guidance targets. Current remaining performance obligations (cRPO) growth were in line at roughly 9% rather than the historical pattern of beating by about a point, and the forward quarter guide was modest. Management acknowledged continued weakness in Marketing, Commerce, and Tableau (roughly 20% of revenue), partially offset by strength in Sales Cloud, Service Cloud, Slack, and Data Cloud (roughly 75% to 80% of revenue), with Sales and Service Cloud each posting seat growth in the quarter. Additionally, Agentforce annualized recurring revenue reached $1.2 billion, growing 205%. Management reiterated full-year guidance and a second-half reacceleration based on bookings strength and lower attrition, alongside a long-term double-digit organic growth target through CY29 with about 100 basis points of annual margin expansion. Despite concerns around AI‑driven competition, we believe Salesforce's integration into customer business processes, large installed base, and wide product set position it well to compete effectively in the Agentic AI era, supporting low-teens earnings growth over the next three years. We
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 21, 2026, Salesforce, Inc. (NYSE:CRM) closed at $209.17 per share. The one-month return of Salesforce, Inc. (NYSE:CRM) is 21.95%, while its shares lost 14.59% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $171.31 billion.
SGA Global Growth Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Salesforce was a detractor from performance during the quarter as investor sentiment remained cautious following another quarter that merely met its guidance targets. Current remaining performance obligations (cRPO) growth were in line at roughly 9% rather than the historical pattern of beating by about a point, and the forward quarter guide was modest. Management acknowledged continued weakness in Marketing, Commerce, and Tableau (roughly 20% of revenue), partially offset by strength in Sales Cloud, Service Cloud, Slack, and Data Cloud (roughly 75% to 80% of revenue), with Sales and Service Cloud each posting seat growth in the quarter. Additionally, Agentforce annualized recurring revenue reached $1.2 billion, growing 205%. Management reiterated full-year guidance and a second-half reacceleration based on bookings strength and lower attrition, alongside a long-term double-digit organic growth target through CY29 with about 100 basis points of annual margin expansion. Despite concerns around AI‑driven competition, we believe Salesforce's integration into customer business processes, large installed base, and wide product set position it well to compete effectively in the Agentic AI era, supporting low-teens earnings growth over the next three years. We
17 hours ago
The rally in Circle (CRCL) stock could just be starting.
The call: With bitcoin (BTC-USD) prices coming back to life as the Treasury injects liquidity into the bond market, Circle shares have been rocking. The stock is up 23% in the past five days and trading at its highest level since mid-June, per Yahoo Finance AlphaSpace data.
Bernstein ***** yst Gautam Chhugani reiterated his Outperform rating on the stock and set a $140 price target in a note on Monday, implying at least 75% upside.
Chhugani outlined three main bullish points on Circle:
"We believe the recent momentum in crypto markets can be enduring, and we could be at the beginning of a new expansion cycle driven by macro regime change, real-world blockchain capital markets, stablecoin payments adoption (not just crypto) and some nascent signs of a stablecoin-led agentic economy."
#circle #markets #crcl #finance
The call: With bitcoin (BTC-USD) prices coming back to life as the Treasury injects liquidity into the bond market, Circle shares have been rocking. The stock is up 23% in the past five days and trading at its highest level since mid-June, per Yahoo Finance AlphaSpace data.
Bernstein ***** yst Gautam Chhugani reiterated his Outperform rating on the stock and set a $140 price target in a note on Monday, implying at least 75% upside.
Chhugani outlined three main bullish points on Circle:
"We believe the recent momentum in crypto markets can be enduring, and we could be at the beginning of a new expansion cycle driven by macro regime change, real-world blockchain capital markets, stablecoin payments adoption (not just crypto) and some nascent signs of a stablecoin-led agentic economy."
#circle #markets #crcl #finance
1 day ago
The Julian Alvarez saga looks set to continue until September 1, the final day of the transfer window.
The Atletico Madrid and Argentina striker remains determined that he only wants to play for Barça, while the Rojiblancos are now considering selling him for €150 million, although not to Barcelona.
The Argentine forward remains firmly committed to Barcelona, his only preferred destination.
As reported by Catalunya Radio (h/t SPORT), the 26-year-old has reiterated to Barça officials in recent hours that he is prepared to withstand the pressure and wait in the hope of eventually breaking through Atlético Madrid's resistance.
At the same time, he has made a more public gesture on social media that appears to reinforce that commitment. He "liked" a TikTok video linking him with Barcelona.
#julian #alvarez #september #rojiblancos
The Atletico Madrid and Argentina striker remains determined that he only wants to play for Barça, while the Rojiblancos are now considering selling him for €150 million, although not to Barcelona.
The Argentine forward remains firmly committed to Barcelona, his only preferred destination.
As reported by Catalunya Radio (h/t SPORT), the 26-year-old has reiterated to Barça officials in recent hours that he is prepared to withstand the pressure and wait in the hope of eventually breaking through Atlético Madrid's resistance.
At the same time, he has made a more public gesture on social media that appears to reinforce that commitment. He "liked" a TikTok video linking him with Barcelona.
#julian #alvarez #september #rojiblancos
1 day ago
La Gazzetta dello Sport reports that Chelsea have opened preliminary talks with Atalanta and the entourage of Italy international Honest Ahanor.
Chelsea are interested in Atalanta defender Ahanor, and according to Gazzetta, the Blues have opened preliminary talks with both the Serie A club and the player's agents.
BERGAMO, ITALY – FEBRUARY 05: Francisco Conceicao of Juventus is challenged by Honest Ahanor of Atalanta during the Coppa Italia Quarter-Final match between Atalanta BC and Juventus FC at the New Balance Arena on February 05, 2026 in Bergamo, Italy. (Photo by Marco Luzzani/Getty Images)
Atalanta already rejected a €34m offer from Brighton earlier this summer, and sporting director Cristiano Giuntoli reiterated in July that they are unwilling to sell any of their best and most promising players, including Ahanor.
The 18-year-old defender joined Atalanta from Genoa in a €16m deal in 2025.
#atalanta
Chelsea are interested in Atalanta defender Ahanor, and according to Gazzetta, the Blues have opened preliminary talks with both the Serie A club and the player's agents.
BERGAMO, ITALY – FEBRUARY 05: Francisco Conceicao of Juventus is challenged by Honest Ahanor of Atalanta during the Coppa Italia Quarter-Final match between Atalanta BC and Juventus FC at the New Balance Arena on February 05, 2026 in Bergamo, Italy. (Photo by Marco Luzzani/Getty Images)
Atalanta already rejected a €34m offer from Brighton earlier this summer, and sporting director Cristiano Giuntoli reiterated in July that they are unwilling to sell any of their best and most promising players, including Ahanor.
The 18-year-old defender joined Atalanta from Genoa in a €16m deal in 2025.
#atalanta
1 day ago
Kyle Kuzma questions criticism of Sophie Cunningham amid growing controversy originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Sophie Cunningham's comments about transgender participation in women's sports have sparked a wide-ranging debate, and Milwaukee Bucks forward Kyle Kuzma has now entered the conversation.
The former NBA champion publicly defended Cunningham after sportscaster Chris Williamson suggested the Indiana Fever guard's comments contributed to political hostility directed toward transgender people.
Kuzma questioned that interpretation in an X post, arguing that Cunningham's stated position centered on competitive fairness and the protection of opportunities for women and girls.
"What was transphobic about her comment?" Kuzma wrote, before reiterating Cunningham's position and sarcastically questioning whether she deserved discipline.
#sporting
Sophie Cunningham's comments about transgender participation in women's sports have sparked a wide-ranging debate, and Milwaukee Bucks forward Kyle Kuzma has now entered the conversation.
The former NBA champion publicly defended Cunningham after sportscaster Chris Williamson suggested the Indiana Fever guard's comments contributed to political hostility directed toward transgender people.
Kuzma questioned that interpretation in an X post, arguing that Cunningham's stated position centered on competitive fairness and the protection of opportunities for women and girls.
"What was transphobic about her comment?" Kuzma wrote, before reiterating Cunningham's position and sarcastically questioning whether she deserved discipline.
#sporting
2 days ago
Amazon (NASDAQ: AMZN) has emerged from a challenging period with high growth and massive opportunities. Its artificial intelligence (AI) spend, which provoked an exodus from the stock last year, is paying off, and the market is starting to appreciate it again.
Amazon stock is up 15% year to date, edging out the S&P 500's 13% gain, but it still looks cheap; it's trading at 21.3 times forward, 1-year earnings, a very slight premium to the S&P 500 average of 20.4.
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 »
CEO Andy Jassy has maintained over the past few years that the AI spend is necessary to harness the incredible opportunities in AI. Amazon has a first-mover's edge and the most to gain, since it's the largest cloud company in the world.
At times, Jassy has appeared surprised by the intense, negative market reaction to what seems logical and necessary. He has reiterated many times that this is the biggest opportunity since the internet, and that there's going to be a shift to the cloud. Well, that time has come, and Amazon is ready.
#jassy #flashing #Stock
Amazon stock is up 15% year to date, edging out the S&P 500's 13% gain, but it still looks cheap; it's trading at 21.3 times forward, 1-year earnings, a very slight premium to the S&P 500 average of 20.4.
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 »
CEO Andy Jassy has maintained over the past few years that the AI spend is necessary to harness the incredible opportunities in AI. Amazon has a first-mover's edge and the most to gain, since it's the largest cloud company in the world.
At times, Jassy has appeared surprised by the intense, negative market reaction to what seems logical and necessary. He has reiterated many times that this is the biggest opportunity since the internet, and that there's going to be a shift to the cloud. Well, that time has come, and Amazon is ready.
#jassy #flashing #Stock
2 days ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 21, 2026, Salesforce, Inc. (NYSE:CRM) closed at $209.17 per share. The one-month return of Salesforce, Inc. (NYSE:CRM) is 21.95%, while its shares lost 14.59% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $171.31 billion.
SGA Global Growth Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Salesforce was a detractor from performance during the quarter as investor sentiment remained cautious following another quarter that merely met its guidance targets. Current remaining performance obligations (cRPO) growth were in line at roughly 9% rather than the historical pattern of beating by about a point, and the forward quarter guide was modest. Management acknowledged continued weakness in Marketing, Commerce, and Tableau (roughly 20% of revenue), partially offset by strength in Sales Cloud, Service Cloud, Slack, and Data Cloud (roughly 75% to 80% of revenue), with Sales and Service Cloud each posting seat growth in the quarter. Additionally, Agentforce annualized recurring revenue reached $1.2 billion, growing 205%. Management reiterated full-year guidance and a second-half reacceleration based on bookings strength and lower attrition, alongside a long-term double-digit organic growth target through CY29 with about 100 basis points of annual margin expansion. Despite concerns around AI‑driven competition, we believe Salesforce's integration into customer business processes, large installed base, and wide product set position it well to compete effectively in the Agentic AI era, supporting low-teens earnings growth over the next three years. We
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On August 21, 2026, Salesforce, Inc. (NYSE:CRM) closed at $209.17 per share. The one-month return of Salesforce, Inc. (NYSE:CRM) is 21.95%, while its shares lost 14.59% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $171.31 billion.
SGA Global Growth Strategy stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor letter:
"Salesforce was a detractor from performance during the quarter as investor sentiment remained cautious following another quarter that merely met its guidance targets. Current remaining performance obligations (cRPO) growth were in line at roughly 9% rather than the historical pattern of beating by about a point, and the forward quarter guide was modest. Management acknowledged continued weakness in Marketing, Commerce, and Tableau (roughly 20% of revenue), partially offset by strength in Sales Cloud, Service Cloud, Slack, and Data Cloud (roughly 75% to 80% of revenue), with Sales and Service Cloud each posting seat growth in the quarter. Additionally, Agentforce annualized recurring revenue reached $1.2 billion, growing 205%. Management reiterated full-year guidance and a second-half reacceleration based on bookings strength and lower attrition, alongside a long-term double-digit organic growth target through CY29 with about 100 basis points of annual margin expansion. Despite concerns around AI‑driven competition, we believe Salesforce's integration into customer business processes, large installed base, and wide product set position it well to compete effectively in the Agentic AI era, supporting low-teens earnings growth over the next three years. We
2 days ago
The rally in Circle (CRCL) stock could just be starting.
The call: With bitcoin (BTC-USD) prices coming back to life as the Treasury injects liquidity into the bond market, Circle shares have been rocking. The stock is up 23% in the past five days and trading at its highest level since mid-June, per Yahoo Finance AlphaSpace data.
Bernstein **** yst Gautam Chhugani reiterated his Outperform rating on the stock and set a $140 price target in a note on Monday, implying at least 75% upside.
Chhugani outlined three main bullish points on Circle:
"We believe the recent momentum in crypto markets can be enduring, and we could be at the beginning of a new expansion cycle driven by macro regime change, real-world blockchain capital markets, stablecoin payments adoption (not just crypto) and some nascent signs of a stablecoin-led agentic economy."
#circle #treasury
The call: With bitcoin (BTC-USD) prices coming back to life as the Treasury injects liquidity into the bond market, Circle shares have been rocking. The stock is up 23% in the past five days and trading at its highest level since mid-June, per Yahoo Finance AlphaSpace data.
Bernstein **** yst Gautam Chhugani reiterated his Outperform rating on the stock and set a $140 price target in a note on Monday, implying at least 75% upside.
Chhugani outlined three main bullish points on Circle:
"We believe the recent momentum in crypto markets can be enduring, and we could be at the beginning of a new expansion cycle driven by macro regime change, real-world blockchain capital markets, stablecoin payments adoption (not just crypto) and some nascent signs of a stablecoin-led agentic economy."
#circle #treasury
2 days ago
Financial technology firms' SoFi Technologies, Inc. (NASDAQ:SOFI) and PayPal Holdings, Inc. (NASDAQ:PYPL)'s shares have diverged in performance in 2026. SOFI is down by 31% year-to-date while PYPL is up by 5.9%. PayPal Holdings, Inc. (NASDAQ:PYPL)'s stock has gained primarily on the back of takeover news, but Cramer has remained unconvinced. In his previous remarks about the firm, the CNBC TV host remarked that he was hesitant to recommend the stock on the basis of takeover news. In his morning appearance on August 17th, Cramer admonished **** ysts for recommending the stocks even though they were struggling:
"One of the more irritating parts of this market is, the insistence of loving fintech. The **** ysts just love fintech. And the three that they love are SoFi, Klarna, and now PayPal. Look, I totally understand it. But you don't need to reiterate every day people. We understand. PayPal maybe a takeover candidate. Klarna is doing really great. SoFi, it's going to come back. Just stop. **** ysts stop recommending these. Let them go to where they are on the downside. And then you can recommend them. . .I really think that's what happened is that, thatPayPal, when we heard that it might get a takeover bid, it made everything really exciting to people. But I just think, no, just go buy Wells Fargo. Go buy JPMorgan over Klarna. Okay. Or over PayPal."
SoFi Technologies, Inc. (NASDAQ:SOFI)'s narrative surrounds its valuation. The firm's forward P/E ratio is 31.55, which is nearly double that of banking giant JPMorgan and more than 2x of PYPL's 11.79. The risk to SoFi Technologies, Inc. (NASDAQ:SOFI)'s valuation comes from its transformation into a digital bank from a student loan company. Therefore, the firm's Financial Services and Technology platforms are at the center of the narrative.
On this front, SoFi Technologies, Inc. (NASDAQ:SOFI)'s second quarter saw its two businesses grow net revenue by 29% and drop by 23% annually. Technology suffered as a large client transitioned away from the platform. SoFi Technologies, Inc. (NASDAQ:SOFI)'s management added that the two businesses should account for more than 50% of overall revenue over the long term. To sum it up, the firm's headwinds could stem from high deposit costs of sizable amount of funds, such as $45 billion in the latest quarter, while the capital light Financial Services business and fee-driven Technology Services could lead the way to growth.
Shifting towards PayPal Holdings, Inc. (NASDAQ:PYPL), it's all about turnaround versus acquisitions. The turnaround camp, of which its management is also a part of, hinges on improved checkout performance, AI modernization, cost savings and Venmo growth. Through these, PayPal Holdings, Inc. (NASDAQ:PYPL) aims to save $400 million in costs in 2026 and streamline headcount in 2027. Therefore, the firm could experience tailwinds should it achieve the stated $1.5 billion in gross run rate savings and generate earnings power.
#NASDAQ #paypal
"One of the more irritating parts of this market is, the insistence of loving fintech. The **** ysts just love fintech. And the three that they love are SoFi, Klarna, and now PayPal. Look, I totally understand it. But you don't need to reiterate every day people. We understand. PayPal maybe a takeover candidate. Klarna is doing really great. SoFi, it's going to come back. Just stop. **** ysts stop recommending these. Let them go to where they are on the downside. And then you can recommend them. . .I really think that's what happened is that, thatPayPal, when we heard that it might get a takeover bid, it made everything really exciting to people. But I just think, no, just go buy Wells Fargo. Go buy JPMorgan over Klarna. Okay. Or over PayPal."
SoFi Technologies, Inc. (NASDAQ:SOFI)'s narrative surrounds its valuation. The firm's forward P/E ratio is 31.55, which is nearly double that of banking giant JPMorgan and more than 2x of PYPL's 11.79. The risk to SoFi Technologies, Inc. (NASDAQ:SOFI)'s valuation comes from its transformation into a digital bank from a student loan company. Therefore, the firm's Financial Services and Technology platforms are at the center of the narrative.
On this front, SoFi Technologies, Inc. (NASDAQ:SOFI)'s second quarter saw its two businesses grow net revenue by 29% and drop by 23% annually. Technology suffered as a large client transitioned away from the platform. SoFi Technologies, Inc. (NASDAQ:SOFI)'s management added that the two businesses should account for more than 50% of overall revenue over the long term. To sum it up, the firm's headwinds could stem from high deposit costs of sizable amount of funds, such as $45 billion in the latest quarter, while the capital light Financial Services business and fee-driven Technology Services could lead the way to growth.
Shifting towards PayPal Holdings, Inc. (NASDAQ:PYPL), it's all about turnaround versus acquisitions. The turnaround camp, of which its management is also a part of, hinges on improved checkout performance, AI modernization, cost savings and Venmo growth. Through these, PayPal Holdings, Inc. (NASDAQ:PYPL) aims to save $400 million in costs in 2026 and streamline headcount in 2027. Therefore, the firm could experience tailwinds should it achieve the stated $1.5 billion in gross run rate savings and generate earnings power.
#NASDAQ #paypal
2 days ago
NEW DELHI: Yashasvi Jaiswal's heated on-field confrontation with Sri Lanka pacer Asitha Fernando on the opening day of the second Test in Colombo drew criticism from former India all-rounder Ajay Jadeja, who warned the young opener that physical contact crosses a dangerous line.
Jaiswal was dismissed for 45 by Fernando in the first session at the SSC ground after the Sri Lankan pacer had conceded three boundaries to the left-hander in the over. Fernando responded with a send-off as Jaiswal began walking back to the pavilion, prompting the India opener to turn around and confront the bowler.
The exchange quickly escalated, with the two players trading words before coming face-to-face. Jaiswal's helmet made contact with Fernando's forehead, and there was also a push before Sri Lanka captain Dhananjaya de Silva and other players intervened to separate them.
Jadeja, speaking on Sony Sports, criticised Jaiswal for taking the confrontation too far and drew a comparison with an earlier incident involving the Indian opener and Sri Lanka's Niroshan **** wella.
"It is dangerous territory. There is no doubt about that. Physical contact is a different thing. In the last match, Jaiswal was on the other side. He was fielding, and he said things to Niroshan **** wella, and we said that banter is nice as long as there is nothing wrong with your language," Jadeja said on Sony Sports.
He then stressed that players who engage in banter must also be prepared to receive it.
"The same thing happened, but if someone cannot laugh at himself, he shouldn't laugh at others. If you can't take it back, don't say it to others either while standing on the ground," he added.
Jadeja's comments came after Jaiswal's confrontation with Fernando turned physical, putting the India batter under the scrutiny of match officials and potentially the ICC Code of Conduct.
India batting coach Sitanshu Kotak also acknowledged that Jaiswal should not have moved so close to Fernando, although he suggested the exchange was the result of emotions running high.
"I think the bowler must have made some comment, and it was probably said in the heat of the moment. Obviously, I don't think Jaiswal should have gone that close, but these things happen in the heat of the moment," Kotak said.
Kotak reiterated his **** sment in the post-day press conference, saying the exchange could have been triggered by something Fernando said.
"I think they must have said something to him and it might have happened in the heat of the moment. Obviously, Jaiswal, I don't think he should have been so close (to Fernando), but that happens when you are in the heat of the moment," Kotak said.
Sri Lanka fast bowling coach Ryan van Niekerk declined to comment on any possible punishment and left the matter to match referee Andy Pycroft.
"The verbals are probably an overflow of emotion. I'll leave that to the match referee to deal with," he said.
Pycroft could examine the incident under Article
Jaiswal was dismissed for 45 by Fernando in the first session at the SSC ground after the Sri Lankan pacer had conceded three boundaries to the left-hander in the over. Fernando responded with a send-off as Jaiswal began walking back to the pavilion, prompting the India opener to turn around and confront the bowler.
The exchange quickly escalated, with the two players trading words before coming face-to-face. Jaiswal's helmet made contact with Fernando's forehead, and there was also a push before Sri Lanka captain Dhananjaya de Silva and other players intervened to separate them.
Jadeja, speaking on Sony Sports, criticised Jaiswal for taking the confrontation too far and drew a comparison with an earlier incident involving the Indian opener and Sri Lanka's Niroshan **** wella.
"It is dangerous territory. There is no doubt about that. Physical contact is a different thing. In the last match, Jaiswal was on the other side. He was fielding, and he said things to Niroshan **** wella, and we said that banter is nice as long as there is nothing wrong with your language," Jadeja said on Sony Sports.
He then stressed that players who engage in banter must also be prepared to receive it.
"The same thing happened, but if someone cannot laugh at himself, he shouldn't laugh at others. If you can't take it back, don't say it to others either while standing on the ground," he added.
Jadeja's comments came after Jaiswal's confrontation with Fernando turned physical, putting the India batter under the scrutiny of match officials and potentially the ICC Code of Conduct.
India batting coach Sitanshu Kotak also acknowledged that Jaiswal should not have moved so close to Fernando, although he suggested the exchange was the result of emotions running high.
"I think the bowler must have made some comment, and it was probably said in the heat of the moment. Obviously, I don't think Jaiswal should have gone that close, but these things happen in the heat of the moment," Kotak said.
Kotak reiterated his **** sment in the post-day press conference, saying the exchange could have been triggered by something Fernando said.
"I think they must have said something to him and it might have happened in the heat of the moment. Obviously, Jaiswal, I don't think he should have been so close (to Fernando), but that happens when you are in the heat of the moment," Kotak said.
Sri Lanka fast bowling coach Ryan van Niekerk declined to comment on any possible punishment and left the matter to match referee Andy Pycroft.
"The verbals are probably an overflow of emotion. I'll leave that to the match referee to deal with," he said.
Pycroft could examine the incident under Article
2 days ago
Nvidia reports August 26. The stock has had a rough few weeks. Bond yields spiked, the broader market sold off, and AI infrastructure names got hit harder than most.
Michael Burry flagged a startup. The circular financing debate keeps resurfacing. There is no shortage of reasons to be cautious heading into next week.
Oppenheimer is not cautious. The firm just reiterated its bullish case with numbers specific enough to be worth examining before the report lands.
Oppenheimer maintained its Outperform rating and $265 price target on Nvidia on August 20, according to Investing.com.
The stock trades at a P/E of 33.64 with a PEG ratio of 0.3. Nvidia has delivered 71% revenue growth over the past 12 months. Market cap sits at $5.31 trillion. Gross profit margin is 74%.
#NVIDIA #oppenheimer #michael #burry
Michael Burry flagged a startup. The circular financing debate keeps resurfacing. There is no shortage of reasons to be cautious heading into next week.
Oppenheimer is not cautious. The firm just reiterated its bullish case with numbers specific enough to be worth examining before the report lands.
Oppenheimer maintained its Outperform rating and $265 price target on Nvidia on August 20, according to Investing.com.
The stock trades at a P/E of 33.64 with a PEG ratio of 0.3. Nvidia has delivered 71% revenue growth over the past 12 months. Market cap sits at $5.31 trillion. Gross profit margin is 74%.
#NVIDIA #oppenheimer #michael #burry
4 days ago
During The Breakfast Club on Monday (Aug. 17), DJ Envy had Charlamagne Tha God cracking up after he revealed what his son, Logan, said to Jalen Brunson's father, Rick, at a recent birthday party for Fat Joe at Radio City Music Hall.
Envy recalled that the party had several high-profile guests—including Teyana Taylor and Jadakiss, among others—and that he also brought his children, Madison and Logan, along to the outing. At one point, Envy shared that the New York Knicks MVP was in attendance alongside his father Rick Brunson. "My son was like, 'Yo, if you need anything at this bar, you tell me…' 'Cause they was like, you know, just so excited," Envy revealed. "They went to the pops, too. They was like, 'Thank you for making him.'"
Charlamagne found the admission hilarious, saying, "Hey, yo, Logan, don't ever let me hear about going up to a basketball player talking about, 'Yo, thank you for your meat.'"Envy countered, "He didn't say, 'Thank you for your meat,'" but Charlamagne reiterated, "That's essentially what he said… I don't see why Logan would say that… Don't be like your daddy, Logan."
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
Brunson became an NBA Champion for the first time this year when he helped the New York Knicks win the NBA Finals, where he also picked up the award for NBA Finals MVP. Needless to say, the New Jersey-born NBA star has become an NYC hero thanks to his performance with the team this year, so as Envy pointed out, he was getting a lot of attention at the party and plenty of people were asking to get him a drink.
#york
Envy recalled that the party had several high-profile guests—including Teyana Taylor and Jadakiss, among others—and that he also brought his children, Madison and Logan, along to the outing. At one point, Envy shared that the New York Knicks MVP was in attendance alongside his father Rick Brunson. "My son was like, 'Yo, if you need anything at this bar, you tell me…' 'Cause they was like, you know, just so excited," Envy revealed. "They went to the pops, too. They was like, 'Thank you for making him.'"
Charlamagne found the admission hilarious, saying, "Hey, yo, Logan, don't ever let me hear about going up to a basketball player talking about, 'Yo, thank you for your meat.'"Envy countered, "He didn't say, 'Thank you for your meat,'" but Charlamagne reiterated, "That's essentially what he said… I don't see why Logan would say that… Don't be like your daddy, Logan."
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
Brunson became an NBA Champion for the first time this year when he helped the New York Knicks win the NBA Finals, where he also picked up the award for NBA Finals MVP. Needless to say, the New Jersey-born NBA star has become an NYC hero thanks to his performance with the team this year, so as Envy pointed out, he was getting a lot of attention at the party and plenty of people were asking to get him a drink.
#york
4 days ago
Bitcoin (BTC) has gone up by more than 8% in the past 24 hours and has rallied from $62,000 to $77,000 in just 5 days after a series of developments triggered a massive short squeeze across the crypto market.
Short liquidations in the past 24 hours alone surged to $1.2 billion and are now amounting to more than $4.4 billion, most of which came from blown-up BTC shorts.
The U.S. Securities and Exchange Commission (SEC) announced a couple of days ago a series of rules for the crypto market that front-run the approval of the Clarity Act. This move reassured the market that the current administration will do its best to support the sector's growth.
Moreover, President Donald Trump met with crypto executives at the White House and reiterated his commitment to push this key piece of legislation until it makes its way to his desk — ideally, this year.
Market participants reacted quite positively and fully ignored yesterday's hawkish comments found in the last FOMC minutes.
#market #Crypto #securities
Short liquidations in the past 24 hours alone surged to $1.2 billion and are now amounting to more than $4.4 billion, most of which came from blown-up BTC shorts.
The U.S. Securities and Exchange Commission (SEC) announced a couple of days ago a series of rules for the crypto market that front-run the approval of the Clarity Act. This move reassured the market that the current administration will do its best to support the sector's growth.
Moreover, President Donald Trump met with crypto executives at the White House and reiterated his commitment to push this key piece of legislation until it makes its way to his desk — ideally, this year.
Market participants reacted quite positively and fully ignored yesterday's hawkish comments found in the last FOMC minutes.
#market #Crypto #securities
4 days ago
Phil Parkinson is remaining calm over Wrexham's bid for late transfer business despite admitting there is no guarantee of new additions.
The manager had spoken of the difficulty of the transfer window for Wrexham in the build-up to Saturday's 1-1 draw with Watford.
He reiterated the north Wales club are having to battle for the signings they want after his side were frustrated at the Racecourse in front of watching co-chairmen Ryan Reynolds and Rob Mac.
Parkinson said he was keen to add "difference-makers" after seeing his side come from behind, but struggle to find a way to a winner against Watford, though admitted the club who have journeyed from non-league are up against new competition.
Wrexham frustrated again in Watford draw
#side #wales
The manager had spoken of the difficulty of the transfer window for Wrexham in the build-up to Saturday's 1-1 draw with Watford.
He reiterated the north Wales club are having to battle for the signings they want after his side were frustrated at the Racecourse in front of watching co-chairmen Ryan Reynolds and Rob Mac.
Parkinson said he was keen to add "difference-makers" after seeing his side come from behind, but struggle to find a way to a winner against Watford, though admitted the club who have journeyed from non-league are up against new competition.
Wrexham frustrated again in Watford draw
#side #wales
4 days ago
Manchester City has been busy selling players this week, which has been a cause of frustration for most of the City universe. Rodri and Tijjani Reijnders have departed the club. Savinho is on the verge of completing his move to Tottenham. Omar Marmoush and Nico Gonzalez seem highly likely to depart the club before the transfer window closes. The uncertainty surrounding the state of the Manchester City squad has been a cause for concern for many. However, Enzo Maresca isn't concerned about the current state of affairs as he reiterated that the City hierarchy knows what they have to do before the transfer window closes.
When Enzo Maresca faced the media earlier today ahead of Manchester City's opening Premier League fixture against Bournemouth, the Manchester City manager insisted that he wasn't concerned by how the summer transfer window has unfolded. Maresca said that there is a plan in place which will see City bolster their squad. Maresca said that Manchester City know what they have to do before the transfer window closes. He explained: "No, I'm not worried or concerned. Since day one we've known exactly what we need and we are working together with the Sporting Director and the club. It's 11 days to go and many things can happen."
"We don't have minimum or maximum number. Depends a little bit. I said after the last game if we win or lose games we are not going to change our perspective to change our idea of how many we need. We know exactly what we need and how many we need and then we will see."
The final stages of the summer transfer window will be busy for Manchester City. Given the amount of departures and expected departures, City will need to replace those players with quality reinforcements. It has been a week of angst in some sections as the plan that City have isn't immediately clear. Listening to Enzo Maresca speak, the Manchester City is calm about the situation. There is little doubt that City have a plan in place, although the timeline may be stretched out due to factors out of Manchester City's control.
The World Cup and the subsequent holidays that the players had after it has stretched City's timeline to sign players. Ideally, City would have wanted all their incoming signings completed by now. That hasn't occurred. Instead, City face the possibility of paying a premium for their transfer targets. However, that is the price that will have to be paid for Manchester City's strategy.
#transfer #window
When Enzo Maresca faced the media earlier today ahead of Manchester City's opening Premier League fixture against Bournemouth, the Manchester City manager insisted that he wasn't concerned by how the summer transfer window has unfolded. Maresca said that there is a plan in place which will see City bolster their squad. Maresca said that Manchester City know what they have to do before the transfer window closes. He explained: "No, I'm not worried or concerned. Since day one we've known exactly what we need and we are working together with the Sporting Director and the club. It's 11 days to go and many things can happen."
"We don't have minimum or maximum number. Depends a little bit. I said after the last game if we win or lose games we are not going to change our perspective to change our idea of how many we need. We know exactly what we need and how many we need and then we will see."
The final stages of the summer transfer window will be busy for Manchester City. Given the amount of departures and expected departures, City will need to replace those players with quality reinforcements. It has been a week of angst in some sections as the plan that City have isn't immediately clear. Listening to Enzo Maresca speak, the Manchester City is calm about the situation. There is little doubt that City have a plan in place, although the timeline may be stretched out due to factors out of Manchester City's control.
The World Cup and the subsequent holidays that the players had after it has stretched City's timeline to sign players. Ideally, City would have wanted all their incoming signings completed by now. That hasn't occurred. Instead, City face the possibility of paying a premium for their transfer targets. However, that is the price that will have to be paid for Manchester City's strategy.
#transfer #window
5 days ago
PARIS, Aug 21 (Reuters) - French President Emmanuel Macron, British Prime Minister Andy Burnham and German Chancellor Friedrich Merz will co-chair a meeting of the so-called Coalition of the Willing group of pro-Ukrainian countries on Monday.
Ukrainian President Volodymyr Zelenskiy will be at the meeting in Kyiv, which will be attended both in person and remotely, Macron's office said on Friday, without specifying who will be there in person. The Ukrainian capital has come under heavy bombardment recently, and Zelenskiy has pleaded with his allies to do more to help his country.
European Council President Antonio Costa will attend the meeting in person and NATO Deputy Secretary General Radmila Shekerinska will participate remotely, NATO and the EU said in separate statements.
"The leaders will reiterate their determination to strengthen their support for Ukraine so that it can defend itself against Russian aggression," Macron's office said in a statement.
(Reporting by Inti Landauro; Editing by Alison Williams and Hugh Lawson)
#meeting #office
Ukrainian President Volodymyr Zelenskiy will be at the meeting in Kyiv, which will be attended both in person and remotely, Macron's office said on Friday, without specifying who will be there in person. The Ukrainian capital has come under heavy bombardment recently, and Zelenskiy has pleaded with his allies to do more to help his country.
European Council President Antonio Costa will attend the meeting in person and NATO Deputy Secretary General Radmila Shekerinska will participate remotely, NATO and the EU said in separate statements.
"The leaders will reiterate their determination to strengthen their support for Ukraine so that it can defend itself against Russian aggression," Macron's office said in a statement.
(Reporting by Inti Landauro; Editing by Alison Williams and Hugh Lawson)
#meeting #office
5 days ago
Tyson Fury has claimed his mega-fight with Anthony Joshua "doesn't look like it's going to happen" - as boxing finds new ways to torment its fans and test their patience over and over again.
The two defining fighters of a generation in British boxing were expected to finally meet in November but the two sides have so far failed to agree on where the bout would take place.
Despite both Joshua and Fury building their legacies in the UK, the most powerful figures at the fight's broadcasting partner Netflix appear to be adamant that the fight is staged in the US.
Joshua's promoter Eddie Hearn appears resigned to this eventuality, despite reiterating his desire for it to take place in the UK, with Fury responding by calling both men "money-thirsty".
"Doesn't look like they're going to sign the fight and it doesn't look like it's going to happen all because Eddie Hearn and that want more money," Fury said in a video on Instagram on Friday.
#fury #going #joshua #hearn
The two defining fighters of a generation in British boxing were expected to finally meet in November but the two sides have so far failed to agree on where the bout would take place.
Despite both Joshua and Fury building their legacies in the UK, the most powerful figures at the fight's broadcasting partner Netflix appear to be adamant that the fight is staged in the US.
Joshua's promoter Eddie Hearn appears resigned to this eventuality, despite reiterating his desire for it to take place in the UK, with Fury responding by calling both men "money-thirsty".
"Doesn't look like they're going to sign the fight and it doesn't look like it's going to happen all because Eddie Hearn and that want more money," Fury said in a video on Instagram on Friday.
#fury #going #joshua #hearn
5 days ago
Broadcom Inc. (NASDAQ:AVGO) stock is down roughly 20% from its all-time highs in June, a pullback driven by a mix of lofty AI expectations, a high valuation multiple, broader market pressures, the Mediatek-driven narrative, and more recently, Marvell Technology Inc. (NASDAQ:MRVL). Despite the drop, TD Cowen ***** yst Joshua Buchalter recently reiterated a Buy rating on the stock with a $500.00 price target.
TD Cowen remains confident in Broadcom's trajectory ahead of the print, and the numbers justify the optimism. Q2 2026 saw semiconductor revenue from AI of $10.8 billion growing 143% year-over-year, above the company's forecast, backed by increasing demand for custom AI accelerators and AI networking.
The company forecasts semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion. Its massive $30 billion in AI semiconductor bookings is also a reflection of the intense demand for their AI solutions.
Management has reiterated its line of sight to more than $100 billion of fiscal 2027 AI semiconductor revenue, a figure that could see material upside if the roughly 10GW opportunity is deployed. This implies that even the $100b could prove conservative.
The firm is also particularly confident about the trajectory of TPU, backed by Google's capital expenditure commentary. Back in April, the company signed a long-term agreement with Google to develop and supply future generations of custom artificial intelligence chips and components for its next-generation AI racks through 2031.
#billion #year #cowen #recently
TD Cowen remains confident in Broadcom's trajectory ahead of the print, and the numbers justify the optimism. Q2 2026 saw semiconductor revenue from AI of $10.8 billion growing 143% year-over-year, above the company's forecast, backed by increasing demand for custom AI accelerators and AI networking.
The company forecasts semiconductor revenue from AI to grow over 200 percent year-over-year to $16.0 billion. Its massive $30 billion in AI semiconductor bookings is also a reflection of the intense demand for their AI solutions.
Management has reiterated its line of sight to more than $100 billion of fiscal 2027 AI semiconductor revenue, a figure that could see material upside if the roughly 10GW opportunity is deployed. This implies that even the $100b could prove conservative.
The firm is also particularly confident about the trajectory of TPU, backed by Google's capital expenditure commentary. Back in April, the company signed a long-term agreement with Google to develop and supply future generations of custom artificial intelligence chips and components for its next-generation AI racks through 2031.
#billion #year #cowen #recently
5 days ago
NVIDIA Corporation (NASDAQ:NVDA) is heading into its August 26 earnings report with expectations already elevated. Wall Street firm Stifel believes it can clear this high bar, with its bull case built around independent checkpoints scattered across the supply chain.
On August 19, Stifel ******* yst Ruben Roy reiterated a Buy rating on the stock with a $282.00 price target, implying roughly 30% upside from current levels. Stifel anticipates Nvidia to beat estimates and raise guidance, noting how its broader coverage preview reinforces the demand case for the stock.
One company behind Stifel's bullish call is Foxconn, legally known as Hon Hai Precision Industry Co., Ltd. Foxconn is the world's largest electronics contract manufacturer and a key Nvidia partner in its artificial intelligence buildout. The company reported second-quarter revenue of NT $2.53 trillion, jumping 41% year-over-year. Operating profit increased 68%, while net profit increased 35% backed by continued strong demand for AI.
Roy cited how Foxconn had its cloud and networking segment cross 50% of revenue for the first time with full-year AI rack shipments guided to more than double. CEO Michael Chiang reinforced this by noting that AI-related business performance will continue to grow in the third quarter and that the company expects significant quarter-on-quarter growth and strong year-on-year growth.
Another company supporting Stifel's bullish case is Super Micro Computer Inc (NASDAQ:SMCI). Super Micro is a global technology leader that designs and builds servers, storage systems, and complete rack-scale hardware for data centers. These AI servers and hardware sit at the core of data centers running Nvidia accelerators.
#NASDAQ
On August 19, Stifel ******* yst Ruben Roy reiterated a Buy rating on the stock with a $282.00 price target, implying roughly 30% upside from current levels. Stifel anticipates Nvidia to beat estimates and raise guidance, noting how its broader coverage preview reinforces the demand case for the stock.
One company behind Stifel's bullish call is Foxconn, legally known as Hon Hai Precision Industry Co., Ltd. Foxconn is the world's largest electronics contract manufacturer and a key Nvidia partner in its artificial intelligence buildout. The company reported second-quarter revenue of NT $2.53 trillion, jumping 41% year-over-year. Operating profit increased 68%, while net profit increased 35% backed by continued strong demand for AI.
Roy cited how Foxconn had its cloud and networking segment cross 50% of revenue for the first time with full-year AI rack shipments guided to more than double. CEO Michael Chiang reinforced this by noting that AI-related business performance will continue to grow in the third quarter and that the company expects significant quarter-on-quarter growth and strong year-on-year growth.
Another company supporting Stifel's bullish case is Super Micro Computer Inc (NASDAQ:SMCI). Super Micro is a global technology leader that designs and builds servers, storage systems, and complete rack-scale hardware for data centers. These AI servers and hardware sit at the core of data centers running Nvidia accelerators.
#NASDAQ
5 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.
Reiterated the $200 million revenue target for 2026, driven by synergistic contributions from both the Data Science and Acoustic Science divisions.
Established a foundational partnership with Available Networks to build a quantum-ready AI supercompute network across 100 cities, utilizing DataVault's tokenomic IP for metering and access control.
Acquired BankWyse to secure a Wyoming State Bank Charter, enabling the creation of a 'third bank account' for Americans to value, score, and monetize personal data ******* ets.
Signed a definitive agreement to acquire CyberCatch, a quantum-ready security system, to embed remediation and protection capabilities into every DataVault instance.
#ready #NVIDIA #tell #reiterated
Reiterated the $200 million revenue target for 2026, driven by synergistic contributions from both the Data Science and Acoustic Science divisions.
Established a foundational partnership with Available Networks to build a quantum-ready AI supercompute network across 100 cities, utilizing DataVault's tokenomic IP for metering and access control.
Acquired BankWyse to secure a Wyoming State Bank Charter, enabling the creation of a 'third bank account' for Americans to value, score, and monetize personal data ******* ets.
Signed a definitive agreement to acquire CyberCatch, a quantum-ready security system, to embed remediation and protection capabilities into every DataVault instance.
#ready #NVIDIA #tell #reiterated
5 days ago
As the debate between grass and artificial turf continues, the NFL continues to have one club in its bag.
On a Thursday conference call with reporters, NFL executive V.P. Jeff Miller reiterated the league's default position regarding the two primary playing surfaces.
"We've made public injury data on grass and synthetic for many years," Miller said. "Last three years, there's no difference between the two in any injury category or overall."
But that's only part of the story, obviously. The players strongly prefer grass, given the overall impact on the body. They feel better the next day, because the forces go into the ground on grass. On artificial turf, the forces ricochet back into the player's bodies.
Beyond that, the occurrence of an injury during a game doesn't always mean the injury happened at that time. Plenty of injuries occur when an accumulation of wear and tear results in something breaking, tearing, straining, etc.
#injury #artificial #continues #years
On a Thursday conference call with reporters, NFL executive V.P. Jeff Miller reiterated the league's default position regarding the two primary playing surfaces.
"We've made public injury data on grass and synthetic for many years," Miller said. "Last three years, there's no difference between the two in any injury category or overall."
But that's only part of the story, obviously. The players strongly prefer grass, given the overall impact on the body. They feel better the next day, because the forces go into the ground on grass. On artificial turf, the forces ricochet back into the player's bodies.
Beyond that, the occurrence of an injury during a game doesn't always mean the injury happened at that time. Plenty of injuries occur when an accumulation of wear and tear results in something breaking, tearing, straining, etc.
#injury #artificial #continues #years
6 days ago
On August 10, Plug Power (NASDAQ:PLUG) held its second-quarter earnings call, and the numbers pointed toward a company closing the gap between its long-promised turnaround and reality. Revenue climbed to $178 million, gross margin crept to nearly break-even, and management raised its full-year growth guidance for the second time this year. CEO Jose Luis Crespo framed the quarter as proof the business is executing, and the underlying figures back that up.
Revenue rose about 9% sequentially to $178 million, pushing first-half sales to $342 million, up 11% year-over-year. Management raised full-year revenue growth guidance to 15% to 16%, up from the 13% to 15% range given last quarter, citing visibility into a historically second-half-weighted business. Material handling was the standout. Plug deployed 1,670 GenDrive units in the quarter, more than doubling the 39 units deployed in the second quarter of last year. Service revenue grew 82% year-over-year to $29.8 million with a 27% margin, and two of the company's largest material handling customers are planning to refresh more than 20,000 GenDrive units over the next three years, a multi-year revenue base already locked in.
The electrolyzer segment added fresh wins too, including a 50 MW order tied to a final investment decision at the Hunter Valley Hydrogen Hub in Australia, a 30 MW UK project reaching FID, and selection for a 275 MW feed study in Quebec. Management also pointed to European regulation, including Spain's draft renewable fuels framework, as a potential driver of roughly 10 GW of electrolyzer demand by 2030.
Despite the progress, the business remains unprofitable across every segment. Gross margin was still negative at roughly -0.9%, and the fuel segment, while improved to -48.8% from -91% a year ago, remains deeply unprofitable. GAAP EPS was a loss of $0.14, weighed down by about $104 million in non-cash mark-to-market charges tied to convertible debt and warrants. The reported 50% year-over-year drop in operating expenses to $62 million leaned heavily on a $39.7 million recovery of previously impaired ****** ets, including a $37 million gain from a customer contract dispute settled in June, meaning the underlying cost base improved less than the headline number implies. Cash usage of $61 million for the quarter, while down 58% sequentially, still represents ongoing burn.
The company's liquidity plan depends in part on non-dilutive financing, including a July transaction expected to generate about $80 million from ****** et sales, of which only $47 million had been received as of the call. Positive EBITDA in the fourth quarter remains a target management reiterated rather than a result already delivered.
#year #revenue
Revenue rose about 9% sequentially to $178 million, pushing first-half sales to $342 million, up 11% year-over-year. Management raised full-year revenue growth guidance to 15% to 16%, up from the 13% to 15% range given last quarter, citing visibility into a historically second-half-weighted business. Material handling was the standout. Plug deployed 1,670 GenDrive units in the quarter, more than doubling the 39 units deployed in the second quarter of last year. Service revenue grew 82% year-over-year to $29.8 million with a 27% margin, and two of the company's largest material handling customers are planning to refresh more than 20,000 GenDrive units over the next three years, a multi-year revenue base already locked in.
The electrolyzer segment added fresh wins too, including a 50 MW order tied to a final investment decision at the Hunter Valley Hydrogen Hub in Australia, a 30 MW UK project reaching FID, and selection for a 275 MW feed study in Quebec. Management also pointed to European regulation, including Spain's draft renewable fuels framework, as a potential driver of roughly 10 GW of electrolyzer demand by 2030.
Despite the progress, the business remains unprofitable across every segment. Gross margin was still negative at roughly -0.9%, and the fuel segment, while improved to -48.8% from -91% a year ago, remains deeply unprofitable. GAAP EPS was a loss of $0.14, weighed down by about $104 million in non-cash mark-to-market charges tied to convertible debt and warrants. The reported 50% year-over-year drop in operating expenses to $62 million leaned heavily on a $39.7 million recovery of previously impaired ****** ets, including a $37 million gain from a customer contract dispute settled in June, meaning the underlying cost base improved less than the headline number implies. Cash usage of $61 million for the quarter, while down 58% sequentially, still represents ongoing burn.
The company's liquidity plan depends in part on non-dilutive financing, including a July transaction expected to generate about $80 million from ****** et sales, of which only $47 million had been received as of the call. Positive EBITDA in the fourth quarter remains a target management reiterated rather than a result already delivered.
#year #revenue
6 days ago
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Hoogland Restaurant Group, Marco's Pizza's largest franchisee, is reiterating its confidence in the chain by adding five new stores to its portfolio and bringing its footprint to 120 locations in 14 states. The new stores are located in Lewisville, Fort Worth, Saginaw, and North Richland Hills, Texas, and Pigeon Forge, Tennessee.
"With the economic headwinds in today's QSR environment, it's a testament to our team to be growing rather than contracting," HRG President McLain Hoogland said in a statement. "We're proud to add these locations to our family of stores."
This expansion comes as Marco's accelerates its national and international growth. The company is targeting more than 80 new store openings this year, including the West Coast. In 2025, Marco's domestic footprint included 1,196 locations, marking a 2.9% increase versus 2024, according to Technomic.
To support this growth, Marco's is currently developing a new Operations Center of Excellence in Orlando, Florida, designed to elevate franchisee training and strengthen operational execution. The hub, expected to open in the fall, is backed by an investment of more than $1 million and includes a training kitchen and office ****** e to house approximately 50 corporate team members. Marco's also recently added two industry veterans to its leadership team in Steve Kennedy, chief marketing officer, and Bill Schaffler, chief financial officer.
#footprint #chief
Hoogland Restaurant Group, Marco's Pizza's largest franchisee, is reiterating its confidence in the chain by adding five new stores to its portfolio and bringing its footprint to 120 locations in 14 states. The new stores are located in Lewisville, Fort Worth, Saginaw, and North Richland Hills, Texas, and Pigeon Forge, Tennessee.
"With the economic headwinds in today's QSR environment, it's a testament to our team to be growing rather than contracting," HRG President McLain Hoogland said in a statement. "We're proud to add these locations to our family of stores."
This expansion comes as Marco's accelerates its national and international growth. The company is targeting more than 80 new store openings this year, including the West Coast. In 2025, Marco's domestic footprint included 1,196 locations, marking a 2.9% increase versus 2024, according to Technomic.
To support this growth, Marco's is currently developing a new Operations Center of Excellence in Orlando, Florida, designed to elevate franchisee training and strengthen operational execution. The hub, expected to open in the fall, is backed by an investment of more than $1 million and includes a training kitchen and office ****** e to house approximately 50 corporate team members. Marco's also recently added two industry veterans to its leadership team in Steve Kennedy, chief marketing officer, and Bill Schaffler, chief financial officer.
#footprint #chief
7 days ago
Gemini ***** e Station (NASDAQ: GEMI) stock is selling off in Monday's trading. The company's share price was down 9.1% as of 11:30 a.m. ET and had been off as much as 13.8% earlier in the session.
Gemini stock is losing ground today in response to a slew of downward price target revisions from ***** ysts. As of this writing, the company's share price has fallen roughly 64.5% year to date.
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 »
Investment firms weighed in with new coverage on Gemini ***** e Station stock today, and each newly published note delivered a downward price target revision. Rosenblatt lowered its price target from $9 per share to $6 per share, Mizuho lowered its target from $8 per share to $7 per share, Needham lowered its target from $8 per share to $6 per share, and Goldman Sachs lowered its target from $4 per share to $3.50 per share.
Rosenblatt, Mizuho, and Needham each reiterated the equivalent of a buy rating on the stock, but each firm issued a significant downward adjustment for its valuation forecast. Meanwhile, Goldman maintained its sell rating on Gemini.
#lowered
Gemini stock is losing ground today in response to a slew of downward price target revisions from ***** ysts. As of this writing, the company's share price has fallen roughly 64.5% year to date.
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 »
Investment firms weighed in with new coverage on Gemini ***** e Station stock today, and each newly published note delivered a downward price target revision. Rosenblatt lowered its price target from $9 per share to $6 per share, Mizuho lowered its target from $8 per share to $7 per share, Needham lowered its target from $8 per share to $6 per share, and Goldman Sachs lowered its target from $4 per share to $3.50 per share.
Rosenblatt, Mizuho, and Needham each reiterated the equivalent of a buy rating on the stock, but each firm issued a significant downward adjustment for its valuation forecast. Meanwhile, Goldman maintained its sell rating on Gemini.
#lowered
7 days ago
On Monday came the stunning news that five of the six Buss family siblings had voted to sell their remaining share of the Los Angeles Lakers that they hadn't sold to Mark Walter last year. They agreed to sell that remaining stake to Josh Kushner and Bob Iger, who had already agreed to purchase Walter's majority share last week.
The lone dissenter among the Buss siblings is Jeanie Buss, the governor of the team. The other five issued a statement on Tuesday reiterating their decision to sell, per ESPN.
"The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives," the Buss family said in a statement to ESPN's Shams Charania on Tuesday. "Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
"Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process."
It was Dr. Jerry Buss, the late father of the six Buss siblings, who first purchased the Lakers from Jack Kent Cooke in 1979. In the 34 years he owned the team, it won 10 NBA championships and reached the NBA Finals 16 times, transforming it from a bridesmaid franchise into the gold standard of basketball.
#remaining #decision #tuesday
The lone dissenter among the Buss siblings is Jeanie Buss, the governor of the team. The other five issued a statement on Tuesday reiterating their decision to sell, per ESPN.
"The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives," the Buss family said in a statement to ESPN's Shams Charania on Tuesday. "Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
"Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process."
It was Dr. Jerry Buss, the late father of the six Buss siblings, who first purchased the Lakers from Jack Kent Cooke in 1979. In the 34 years he owned the team, it won 10 NBA championships and reached the NBA Finals 16 times, transforming it from a bridesmaid franchise into the gold standard of basketball.
#remaining #decision #tuesday
8 days ago
CHICAGO — Pete Crow-Armstrong's walk-off home run in the opener of the City Series was still the talk of the town heading into Game 2 Tuesday night at Wrigley Field.
Chicago White Sox manager Will Venable's decision to pitch to Crow-Armstrong in the 10th inning was debated ad nauseam on talk radio and the internet, and Venable reiterated Tuesday that he was at peace with the move.
"PCA's a really special player, and yeah, he's scary, but so is (Seiya) Suzuki, you know what I mean?" he said.
Meanwhile, Cubs fans and the media debated whether the epic night sealed the National League Most Valuable Player award for PCA in his duel with Los Angeles Dodgers unicorn Shohei Ohtani.
"That's for you guys," Crow-Armstrong said. "When you play a game like we did tonight, that's all the fun I need in my life ever."
#Chicago #debated #pete
Chicago White Sox manager Will Venable's decision to pitch to Crow-Armstrong in the 10th inning was debated ad nauseam on talk radio and the internet, and Venable reiterated Tuesday that he was at peace with the move.
"PCA's a really special player, and yeah, he's scary, but so is (Seiya) Suzuki, you know what I mean?" he said.
Meanwhile, Cubs fans and the media debated whether the epic night sealed the National League Most Valuable Player award for PCA in his duel with Los Angeles Dodgers unicorn Shohei Ohtani.
"That's for you guys," Crow-Armstrong said. "When you play a game like we did tonight, that's all the fun I need in my life ever."
#Chicago #debated #pete
8 days ago
LOS ANGELES (AP) — Five of the six children of former Los Angeles Lakers owner Jerry Buss still intend to sell their remaining minority ownership of the NBA team despite the opposition of their sister, Jeanie.
Johnny, Jimmy, Janie, Joey and Jesse Buss reiterated their stance Tuesday in a statement issued to ESPN, saying they "remain united in that decision. ... We intend to move forward thoughtfully, respectfully and through the appropriate process."
The five Buss siblings said Monday they had voted to sell the family trust's remaining 17.8% stake to Josh Kushner and Bob Iger, who are acquiring majority ownership from Mark Walter.
Jeanie Buss announced her intention to fight back against the plan later Monday through a letter from her attorney, Adam Streisand. Jeanie Buss claims the siblings can't sell the trust's ownership shares without her approval.
If the five siblings are able to sell their remaining ownership, Jeanie Buss would no longer be able to serve as the Lakers' governor, a position she is scheduled to hold until at least 2030 under the deal struck with Walter last year when he purchased majority control of the team at a valuation of $10 billion.
#five
Johnny, Jimmy, Janie, Joey and Jesse Buss reiterated their stance Tuesday in a statement issued to ESPN, saying they "remain united in that decision. ... We intend to move forward thoughtfully, respectfully and through the appropriate process."
The five Buss siblings said Monday they had voted to sell the family trust's remaining 17.8% stake to Josh Kushner and Bob Iger, who are acquiring majority ownership from Mark Walter.
Jeanie Buss announced her intention to fight back against the plan later Monday through a letter from her attorney, Adam Streisand. Jeanie Buss claims the siblings can't sell the trust's ownership shares without her approval.
If the five siblings are able to sell their remaining ownership, Jeanie Buss would no longer be able to serve as the Lakers' governor, a position she is scheduled to hold until at least 2030 under the deal struck with Walter last year when he purchased majority control of the team at a valuation of $10 billion.
#five
8 days ago
The Denver Broncos had a fight break out on Day 13 of training camp practice.
The dust-up happened a few players after quarterback Bo Nix was taken to the ground. Defenders aren't supposed to touch quarterbacks during practice, which defensive coordinator Vance Joseph reiterated after practice.
"Bo's our quarterback, and we don't want anyone near Bo," Joseph said.
Nix was fiery on the field, but he brushed off the fight after practice.
"I love it," the QB said. "It's football. It's getting me ready for the games coming up. It's a physical practice out there, played by physical people. It got intense and we were just really enjoying it. Sometimes in the dog days of summer, practice gets long, and the intensity runs high."
#joseph #Broncos #vance #sometimes
The dust-up happened a few players after quarterback Bo Nix was taken to the ground. Defenders aren't supposed to touch quarterbacks during practice, which defensive coordinator Vance Joseph reiterated after practice.
"Bo's our quarterback, and we don't want anyone near Bo," Joseph said.
Nix was fiery on the field, but he brushed off the fight after practice.
"I love it," the QB said. "It's football. It's getting me ready for the games coming up. It's a physical practice out there, played by physical people. It got intense and we were just really enjoying it. Sometimes in the dog days of summer, practice gets long, and the intensity runs high."
#joseph #Broncos #vance #sometimes
8 days ago
Diego Simeone has made it "perfectly clear" that Julian Alvarez will not be joining wither ****** nal or Barcelona in the summer transfer window.
The Atletico Madrid forward is set to miss Wednesday's La Liga opener against Malaga after agitating for a move away in recent months.
Barcelona registered their interest in the Argentina international while he was at the FIFA World Cup and ****** nal are also said to be interested in him as they are in the market for a top-class left-sided attacker.
Earlier this summer, Atleti CEO Miguel Angel Gil insisted the club did not want to sell Alvarez and would not even consider a £170 million offer.
Speaking at his pre-match press conference on Tuesday, Simeone reiterated the owner's stance and said the 26-year-old is staying put.
#simeone #summer
The Atletico Madrid forward is set to miss Wednesday's La Liga opener against Malaga after agitating for a move away in recent months.
Barcelona registered their interest in the Argentina international while he was at the FIFA World Cup and ****** nal are also said to be interested in him as they are in the market for a top-class left-sided attacker.
Earlier this summer, Atleti CEO Miguel Angel Gil insisted the club did not want to sell Alvarez and would not even consider a £170 million offer.
Speaking at his pre-match press conference on Tuesday, Simeone reiterated the owner's stance and said the 26-year-old is staying put.
#simeone #summer
