2 days ago
Matchday 8 of the Bundesliga serves up it's showpiece event, from which Bulinews.com will be reporting live, as Bayern Munich welcome Borussia Dortmund to the Allianz Arena. Kick-off in the Topspiel game is scheduled for 18:30 CET.
Aside from injuries and Vincent Kompany's absence, things could hardly be much better for Bayern right now. They arrive into this fixture off the back of a 6-1 thrashing of 1.FC Magdeburg, with several key names rested.
One of which was their newly crowned Ballon d'Or winner, Harry Kane. Averaging a goal a game against BVB in six games to date, he will be hoping to add to that. The returning Kimmich and Pavlovic will likely help towards that.
The German record champions' recent record on home soil against the Westphalians also bodes well. Eight wins, one draw and a single loss to the Black and Yellows in their last 10 Bundesliga meetings at the Allianz Arena.
Team news:
#bayern #allianz #record
Aside from injuries and Vincent Kompany's absence, things could hardly be much better for Bayern right now. They arrive into this fixture off the back of a 6-1 thrashing of 1.FC Magdeburg, with several key names rested.
One of which was their newly crowned Ballon d'Or winner, Harry Kane. Averaging a goal a game against BVB in six games to date, he will be hoping to add to that. The returning Kimmich and Pavlovic will likely help towards that.
The German record champions' recent record on home soil against the Westphalians also bodes well. Eight wins, one draw and a single loss to the Black and Yellows in their last 10 Bundesliga meetings at the Allianz Arena.
Team news:
#bayern #allianz #record
2 days ago
Manchester United. More a high-volume content farm than a football club these days.
Michael Carrick's starring role in what has become one of the nation's favourite soap operas has been extended for at least another week, with the 45-year-old set to be in charge for Saturday's visit to Chelsea.
Good news - you'd think - for Carrick. But even better news for Amazon's All or Nothing camera crews, who have been given "unprecedented" access to document the behind-the-scenes goings-on at Old Trafford this season.
United fans will presumably be relieved when the football resumes on Saturday, if only to break up the constant stream of opinion for 90 minutes.
But while the wall-to-wall reporting of one of the world's biggest football clubs is hardly new, the unrelenting coverage from former players is a growing phenomenon.
#michael #trafford
Michael Carrick's starring role in what has become one of the nation's favourite soap operas has been extended for at least another week, with the 45-year-old set to be in charge for Saturday's visit to Chelsea.
Good news - you'd think - for Carrick. But even better news for Amazon's All or Nothing camera crews, who have been given "unprecedented" access to document the behind-the-scenes goings-on at Old Trafford this season.
United fans will presumably be relieved when the football resumes on Saturday, if only to break up the constant stream of opinion for 90 minutes.
But while the wall-to-wall reporting of one of the world's biggest football clubs is hardly new, the unrelenting coverage from former players is a growing phenomenon.
#michael #trafford
2 days ago
Coaches are reminded to send in their results after each game by 10 p.m. by email — pjsportsprovidencejournal.com — or by calling the Sports desk at (401) 277-7340 on weeknights with the final score and game details. Email is the preferred method for reporting scores.
Goals by Brayden Jenison and Bjarne Maas and stingy defense helped the Skippers upend the Townies in the Division I Quarterfinals. Picking up **** ists on the goals were Casey Spitzer and Zach Oatley.
NK advances to the D-I semifinals and will play No. 2 seed Barrington at RIC on Nov. 5 at 7:30 p.m.
Hendricken 2, South Kingstown 0
Barrington 2, Cranston West 1
#coaches
Goals by Brayden Jenison and Bjarne Maas and stingy defense helped the Skippers upend the Townies in the Division I Quarterfinals. Picking up **** ists on the goals were Casey Spitzer and Zach Oatley.
NK advances to the D-I semifinals and will play No. 2 seed Barrington at RIC on Nov. 5 at 7:30 p.m.
Hendricken 2, South Kingstown 0
Barrington 2, Cranston West 1
#coaches
23 days ago
A royal expert has claimed that Meghan Markle "worships herself" and would never apologize to Prince William and Kate Middleton. The comments come amid renewed scrutiny of the ****** ss of Sussex's relationship with the royal family, particularly following the explosive claims she made during her infamous interview with Oprah Winfrey in 2021 alongside Prince Harry.
During the October 7 episode of Royal Exclusive, Matt Wilkinson referenced a Daily Express report headlined "MEGHAN WANTS TO APOLOGISE FOR 'LOW BLOW' COMMENT." When asked whether there was any possibility of Meghan Markle apologizing to the Prince and Princess of Wales, commentator and royal expert Kinsey Schofield claimed that the former actress would never do so.
"This is a BS headline and I think sometimes we just need to, again, use common sense," Schofield said. "What is their pattern of behavior? And their pattern of behavior is never taking any accountability whatsoever. Megan worships at the altar of Megan. There's no way that she has any desire to apologize to Prince William and the Princess of Wales."
She went on to say that she believes Charlotte Griffith's reporting more than the Daily Express's report. "If you believe Charlotte Griffith's reporting that Prince Harry came back with a bit of a chip on his shoulder and still insists that he is the one that is owed apologies," she said.
She added, "I very much believe that headline much more than I believe that Harry and Meghan have had some sort of come-to-Jesus over what was it, their fish and chips at the local pub, and have decided to apologize to the Prince and Princess of Wales."
#prince
During the October 7 episode of Royal Exclusive, Matt Wilkinson referenced a Daily Express report headlined "MEGHAN WANTS TO APOLOGISE FOR 'LOW BLOW' COMMENT." When asked whether there was any possibility of Meghan Markle apologizing to the Prince and Princess of Wales, commentator and royal expert Kinsey Schofield claimed that the former actress would never do so.
"This is a BS headline and I think sometimes we just need to, again, use common sense," Schofield said. "What is their pattern of behavior? And their pattern of behavior is never taking any accountability whatsoever. Megan worships at the altar of Megan. There's no way that she has any desire to apologize to Prince William and the Princess of Wales."
She went on to say that she believes Charlotte Griffith's reporting more than the Daily Express's report. "If you believe Charlotte Griffith's reporting that Prince Harry came back with a bit of a chip on his shoulder and still insists that he is the one that is owed apologies," she said.
She added, "I very much believe that headline much more than I believe that Harry and Meghan have had some sort of come-to-Jesus over what was it, their fish and chips at the local pub, and have decided to apologize to the Prince and Princess of Wales."
#prince
24 days ago
Police searched Trippie Redd's all-black South Florida mansion on Tuesday, Oct. 6, while executing a search warrant.
NBC6 reported several police vehicles outside the home in Southwest Ranches, a town in western Broward County.
Officials have not disclosed what prompted the search or what investigators were looking for. It also remains unclear whether Trippie Redd, whose legal name is Michael Lamar White, is a target of the investigation.
TMZ reported that the rapper's representatives had not responded to its request for comment.
Reporting from outside the home for NBC6, Lena Salzbank said law-enforcement personnel had been coming and going for hours. She identified SWAT officers and crime-scene investigators among those entering and leaving the property.
#home
NBC6 reported several police vehicles outside the home in Southwest Ranches, a town in western Broward County.
Officials have not disclosed what prompted the search or what investigators were looking for. It also remains unclear whether Trippie Redd, whose legal name is Michael Lamar White, is a target of the investigation.
TMZ reported that the rapper's representatives had not responded to its request for comment.
Reporting from outside the home for NBC6, Lena Salzbank said law-enforcement personnel had been coming and going for hours. She identified SWAT officers and crime-scene investigators among those entering and leaving the property.
#home
24 days ago
Capital One (COF) paid $390M for failing to flag money laundering, then faced suit for closing Trump-linked accounts; JPMorgan (JPM) faces a similar lawsuit.
Fewer than 1% of over 8,000 CFPB debanking complaints alleged political bias, yet federal programs like Operation Choke Point cut off entire industries.
FinCEN withdrew two proposed crypto reporting rules, but compliance teams will stay cautious until courts rule on banks' right to close any account freely.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
American banks are caught between two kinds of punishment. If they miss dirty money, regulators fine them. If they flag it and close the account, they get sued for debanking. Capital One (NYSE:COF) has paid on both sides, and its record shows which way the pressure is moving.
#capital #debanking
Fewer than 1% of over 8,000 CFPB debanking complaints alleged political bias, yet federal programs like Operation Choke Point cut off entire industries.
FinCEN withdrew two proposed crypto reporting rules, but compliance teams will stay cautious until courts rule on banks' right to close any account freely.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
American banks are caught between two kinds of punishment. If they miss dirty money, regulators fine them. If they flag it and close the account, they get sued for debanking. Capital One (NYSE:COF) has paid on both sides, and its record shows which way the pressure is moving.
#capital #debanking
24 days ago
Pete Davidson was reportedly seen hanging out with influencers just days after calling the industry "insane" and "lame."
Social media users have slammed him for the controversial take, with some suggesting he's only famous for "dating way more famous" women.
Davidson's exes include Ariana Grande, Madelyn Cline, Chase Sui Wonders, and Kim Kardashian, whom he recently admitted was tough to hang out with.
RCF / MEGA
Over the weekend, popular gossip site DeuxMoi shared a post reporting that Pete Davidson was seen at Chez Margaux, sitting with influencers at Hallie Batchelder's table.
#pete #famous #grande #cline
Social media users have slammed him for the controversial take, with some suggesting he's only famous for "dating way more famous" women.
Davidson's exes include Ariana Grande, Madelyn Cline, Chase Sui Wonders, and Kim Kardashian, whom he recently admitted was tough to hang out with.
RCF / MEGA
Over the weekend, popular gossip site DeuxMoi shared a post reporting that Pete Davidson was seen at Chez Margaux, sitting with influencers at Hallie Batchelder's table.
#pete #famous #grande #cline
25 days ago
The S&P 500 hit a record Tuesday as it rose for a fourth straight day, supported by rising technology stocks, hopes for a positive earnings season and a pause in oil’s recent surge.
The broad-based index closed higher by 0.58%, its first record closing high since Aug. 13. The Nasdaq Composite also jumped 0.45%. It also hit a record high for the second time this week.
The S&P 500 and the Nasdaq’s gains were overwhelmingly powered by gains in tech companies, such as chipmakers Marvell and Broadcom.
Nvidia, the world’s largest public company, also rose and moved closer to becoming the first company to ever reach $6 trillion in market value. Other trillion-dollar tech stocks also rose Tuesday. Microsoft, Amazon, **** eX, Meta Platforms and Tesla shares all traded in the green.
Investors are also looking forward to the start of the third quarter’s earnings season, which begins in earnest next week with the country’s biggest banks reporting their results.
#rose
The broad-based index closed higher by 0.58%, its first record closing high since Aug. 13. The Nasdaq Composite also jumped 0.45%. It also hit a record high for the second time this week.
The S&P 500 and the Nasdaq’s gains were overwhelmingly powered by gains in tech companies, such as chipmakers Marvell and Broadcom.
Nvidia, the world’s largest public company, also rose and moved closer to becoming the first company to ever reach $6 trillion in market value. Other trillion-dollar tech stocks also rose Tuesday. Microsoft, Amazon, **** eX, Meta Platforms and Tesla shares all traded in the green.
Investors are also looking forward to the start of the third quarter’s earnings season, which begins in earnest next week with the country’s biggest banks reporting their results.
#rose
25 days ago
Palantir surged 60% in Q3 after reporting 93% revenue growth, but trades at 100x forward earnings versus Microsoft's 25x.
Michael Burry holds puts through 2027 while UBS and DA Davidson set $250 targets, signaling a sharply divided Wall Street on Palantir.
Palantir's November earnings must hit $2.16 billion guidance, which is a bar the current share price already ****** umes it clears.
Building a portfolio and living off one are two completely different skills, and almost ****** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Palantir Technologies (NASDAQ:PLTR) rose 60.3% in the third quarter. That was its best three-month run since the second quarter of 2025. Even so, Palantir is up just 6.55% this year, because it lost most of that ground in the first half.
#burry #davidson
Michael Burry holds puts through 2027 while UBS and DA Davidson set $250 targets, signaling a sharply divided Wall Street on Palantir.
Palantir's November earnings must hit $2.16 billion guidance, which is a bar the current share price already ****** umes it clears.
Building a portfolio and living off one are two completely different skills, and almost ****** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Palantir Technologies (NASDAQ:PLTR) rose 60.3% in the third quarter. That was its best three-month run since the second quarter of 2025. Even so, Palantir is up just 6.55% this year, because it lost most of that ground in the first half.
#burry #davidson
26 days ago
Sean "Diddy" Combs is headed back into solitary confinement, a day after a report described a prison life of massages, smuggled liquor, and contraband phones.
Staff at FCI Fort Dix are returning Combs to the facility's Special Housing Unit, according to TMZ, which was told the move came in direct response to this week's NBC News reporting on his alleged perks. Sources described the placement as typical procedure while prison officials run an investigation.
The report in question drew on four men who spent time in Combs' unit at the New Jersey prison. They said the mogul had other inmates making his bed, doing his laundry, and cleaning his toilet before he used it.
Sources also revealed to NBC News that inmates cooked for him on makeshift heating elements, turning out curry chicken, pizza and empanadas, and that others gave him Chinese-style massages. Thousands of dollars a month allegedly flowed into their commissary accounts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#shop
Staff at FCI Fort Dix are returning Combs to the facility's Special Housing Unit, according to TMZ, which was told the move came in direct response to this week's NBC News reporting on his alleged perks. Sources described the placement as typical procedure while prison officials run an investigation.
The report in question drew on four men who spent time in Combs' unit at the New Jersey prison. They said the mogul had other inmates making his bed, doing his laundry, and cleaning his toilet before he used it.
Sources also revealed to NBC News that inmates cooked for him on makeshift heating elements, turning out curry chicken, pizza and empanadas, and that others gave him Chinese-style massages. Thousands of dollars a month allegedly flowed into their commissary accounts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#shop
27 days ago
Multiple law enforcement agencies responded to a mass shooting from early Sunday morning, leading to two deaths and dozens injured.
Dooly County Coroner Brett Walls told WALB and WMAZ that two people were dead, a 20-year-old man and a 23-year-old man in Vienna, two hours south of Atlanta.
Channel 2 Action News has a reporting team in Vienna to bring you the latest information, LIVE on Channel 2 Action News at 11 p.m.
The Georgia Bureau of Investigation confirmed to Channel 2 Action News that they were ******* isting with response to the incident on Pine Street, working with the Dooly County Sheriff's Office.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
#multiple
Dooly County Coroner Brett Walls told WALB and WMAZ that two people were dead, a 20-year-old man and a 23-year-old man in Vienna, two hours south of Atlanta.
Channel 2 Action News has a reporting team in Vienna to bring you the latest information, LIVE on Channel 2 Action News at 11 p.m.
The Georgia Bureau of Investigation confirmed to Channel 2 Action News that they were ******* isting with response to the incident on Pine Street, working with the Dooly County Sheriff's Office.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
#multiple
29 days ago
Brooke Eby, the TikTok star known for sharing her journey with ALS (or Lou Gehrig's disease), has passed away at the age of 37. Eby was diagnosed with the illness in March 2022, though her symptoms started four years prior, and she began posting videos on TikTok just months after. She soon gained hundreds of thousands of fans on TikTok and Instagram.
The ALS Network shared the news of Eby's death on October 1st, with a statement remembering her for the ways she built community and helped create connections through her videos and other work.
Per reporting by People, Sheri Strahl, President and CEO of ALS Network, said of Eby: "Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another[…] Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another."
Brooke did that by approaching ALS in a comedic and light-hearted way in her videos. She reportedly began posting on TikTok to help make the process of telling others about the diagnosis easier. As she explained in an essay written for People, "Everyone was a lot more comfortable with my situation when I was laughing, and that came back around to make me feel more comfortable too."
Her content wasn't only meant for a laugh, though. Eby also made educational videos to raise awareness about her disease (much like Michiel Vandeweert did), its progression, and how everyone with it is affected in different ways. She also wanted people to know that this disease didn't discriminate by gender, age, or any other demographic, and it could affect anyone.
#brooke #videos #though
The ALS Network shared the news of Eby's death on October 1st, with a statement remembering her for the ways she built community and helped create connections through her videos and other work.
Per reporting by People, Sheri Strahl, President and CEO of ALS Network, said of Eby: "Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another[…] Brooke changed the way people see ALS, but she also changed the way people living with ALS find and support one another."
Brooke did that by approaching ALS in a comedic and light-hearted way in her videos. She reportedly began posting on TikTok to help make the process of telling others about the diagnosis easier. As she explained in an essay written for People, "Everyone was a lot more comfortable with my situation when I was laughing, and that came back around to make me feel more comfortable too."
Her content wasn't only meant for a laugh, though. Eby also made educational videos to raise awareness about her disease (much like Michiel Vandeweert did), its progression, and how everyone with it is affected in different ways. She also wanted people to know that this disease didn't discriminate by gender, age, or any other demographic, and it could affect anyone.
#brooke #videos #though
29 days ago
Jelly Roll and Bunnie Xo are bidding farewell to their $7 million Tennessee home, which the country singer handed over to his former wife following their divorce.
The "Wild Ones" hitmaker, 41, whose real name is Jason DeFord, filed for divorce from his spouse, whose real name is Alisa DeFord, in Williamson County, TN, on May 18, according to court records first obtained by TMZ.
Weeks later, it was revealed that the country star had given full ownership of his sprawling Tennessee property to Bunnie.
However, the property seemed to bring back old memories, with Bunnie later revealing that the divorce took a toll on her health while speaking on the "Open Book With Jenna [Bush Hager]" podcast.
Now, the former couple is preparing to let the home go, with TMZ first reporting the news.
#divorce #real
The "Wild Ones" hitmaker, 41, whose real name is Jason DeFord, filed for divorce from his spouse, whose real name is Alisa DeFord, in Williamson County, TN, on May 18, according to court records first obtained by TMZ.
Weeks later, it was revealed that the country star had given full ownership of his sprawling Tennessee property to Bunnie.
However, the property seemed to bring back old memories, with Bunnie later revealing that the divorce took a toll on her health while speaking on the "Open Book With Jenna [Bush Hager]" podcast.
Now, the former couple is preparing to let the home go, with TMZ first reporting the news.
#divorce #real
1 month ago
Pennsylvania has reported its fifth measles-associated death of 2026 as the state's ongoing outbreak climbs to 943 confirmed cases across 39 counties.
The Pennsylvania department of health said on Wednesday that an unvaccinated Lancaster county resident who tested positive for measles had died. Health officials did not release further information about the individual, citing privacy protections.
The death marks the fifth Pennsylvania resident to meet the state's definition of a measles-associated death this year after a fourth death two weeks ago. Due to how the Trump administration has changed its method for reporting measles deaths, the Centers for Disease Control and Prevention (CDC) has not counted the Pennsylvania measles deaths in its national tally.
As of Monday 28 September, Pennsylvania had recorded 40 new positive cases. The outbreak has now reached 39 counties, with 943 ******* ulative confirmed cases, 176 hospitalizations and five confirmed measles-associated deaths.
Only four of those confirmed cases have involved vaccinated individuals, representing less than 1% of the state's total cases.
#associated
The Pennsylvania department of health said on Wednesday that an unvaccinated Lancaster county resident who tested positive for measles had died. Health officials did not release further information about the individual, citing privacy protections.
The death marks the fifth Pennsylvania resident to meet the state's definition of a measles-associated death this year after a fourth death two weeks ago. Due to how the Trump administration has changed its method for reporting measles deaths, the Centers for Disease Control and Prevention (CDC) has not counted the Pennsylvania measles deaths in its national tally.
As of Monday 28 September, Pennsylvania had recorded 40 new positive cases. The outbreak has now reached 39 counties, with 943 ******* ulative confirmed cases, 176 hospitalizations and five confirmed measles-associated deaths.
Only four of those confirmed cases have involved vaccinated individuals, representing less than 1% of the state's total cases.
#associated
1 month ago
Applied Materials (NASDAQ:AMAT) primarily generates its revenue by designing, developing, manufacturing, and selling the critical fabrication equipment, specialized factory automation software, and materials engineering solutions utilized to produce integrated circuits for customers globally.
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
While launching multiple new hardware systems to address technical production challenges in advanced memory scaling, it formalized a joint development agreement for augmented reality optics and reported a 34% operating margin for the quarter ended July 26, 2026.
Intel (NASDAQ:INTC) primarily generates its revenue by designing, developing, and manufacturing commercial central processing units, discrete graphics processors, and edge computing components, alongside operating its independent wafer fabrication and advanced packaging services.
It finalized a large-scale public common stock offering and confirmed pending organizational workforce reductions within its data center operations, while reporting a 12% operating margin for the quarter ended June 27, 2026.
Revenue establishes a fundamental baseline for investors seeking to measure the total incoming capital a business generates before any operating expenses, interest, or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.
#generates #primarily
1 month ago
Many senior staff were surprised by the directive, which happened while chief of staff Susie Wiles was out of town.
President Donald Trump takes questions from the media during a press briefing in the James S. Brady Press Briefing Room of the White House on January 20, 2026. | Kevin Dietsch/Getty Images
09/20/2026 12:22 AM GMT+9
Donald Trump reupped his battle with the “FAKE NEWS” media on Truth Social Friday, banning CNN, MSNOW and POLITICO for reporting “LIES when they’re covering the President of the United States,” with “Other Fake News Media Outlets to follow.”
#president #briefing #susie
President Donald Trump takes questions from the media during a press briefing in the James S. Brady Press Briefing Room of the White House on January 20, 2026. | Kevin Dietsch/Getty Images
09/20/2026 12:22 AM GMT+9
Donald Trump reupped his battle with the “FAKE NEWS” media on Truth Social Friday, banning CNN, MSNOW and POLITICO for reporting “LIES when they’re covering the President of the United States,” with “Other Fake News Media Outlets to follow.”
#president #briefing #susie
1 month ago
A column of black smoke has been seen near Riyadh's international airport hours after air raid alerts were issued in the Saudi capital.
It was the first time residents had been given an alert and urged to stay indoors since a recent escalation in the conflict with Iran-backed Houthi militants in neighbouring Yemen.
A number of apparent explosions have since been heard in the capital and major problems reported at King Khalid International Airport, with the tracking website FlightRadar24 reporting long delays and cancellations.
One report suggested a fuel tank had been set on fire near the airport. There has been no official comment from Saudi authorities.
An AFP journalist reported that firefighters could be seen trying to extinguish the flames of a burnt-out fuel tank belonging to state oil and gas company Aramco.
#since
It was the first time residents had been given an alert and urged to stay indoors since a recent escalation in the conflict with Iran-backed Houthi militants in neighbouring Yemen.
A number of apparent explosions have since been heard in the capital and major problems reported at King Khalid International Airport, with the tracking website FlightRadar24 reporting long delays and cancellations.
One report suggested a fuel tank had been set on fire near the airport. There has been no official comment from Saudi authorities.
An AFP journalist reported that firefighters could be seen trying to extinguish the flames of a burnt-out fuel tank belonging to state oil and gas company Aramco.
#since
1 month ago
Property and casualty insurer Progressive (NYSE: PGR) is probably best known for selling auto insurance. That's a highly competitive segment of the industry, but the company has proven its chops, reporting a strong combined ratio of 87.3% in the second quarter of 2026. Is the roughly 10% pullback from the 52-week high, and about 25% drawdown from 2025's peak, as of this writing, enough to make the stock a buy? Probably not if you are a value investor.
The combined ratio is a measure of profitability in the insurance sector, with numbers below 100% indicating that a company is earning more from premiums than it costs to support those premiums and cover claims. Progressive has a strong history of running its business well on this front. Basically, it is a good business. But paying too much for a good business can turn it into a bad investment, as Benjamin Graham was fond of saying (Graham notably helped train Warren Buffett).
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 »
So the real question here is whether the drawdowns noted above were sufficient to make Progressive's valuation attractive. The answer there isn't clean cut. For example, the price-to-sales ratio of 1.4x is in the middle of the historical range of roughly 0.5x to 2.2x. If anything, the P/S ratio is kind of toward the high side. The same general story holds with the price-to-book ratio. So these two metrics hint at a stock that isn't expensive, but it also isn't trading at bargain-basement prices.
The price-to-earnings ratio is a bit more positive, with the 11.1x P/E toward the lower end of its historical range. And the average insurance company has a P/E ratio of around 11.8x, so this makes Progressive look reasonably priced. Only Progressive's P/B ratio is 3.7x compared to the industry average of 1.7x, so the broader industry comparison still isn't a clear-cut win.
#ratio #progressive
The combined ratio is a measure of profitability in the insurance sector, with numbers below 100% indicating that a company is earning more from premiums than it costs to support those premiums and cover claims. Progressive has a strong history of running its business well on this front. Basically, it is a good business. But paying too much for a good business can turn it into a bad investment, as Benjamin Graham was fond of saying (Graham notably helped train Warren Buffett).
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 »
So the real question here is whether the drawdowns noted above were sufficient to make Progressive's valuation attractive. The answer there isn't clean cut. For example, the price-to-sales ratio of 1.4x is in the middle of the historical range of roughly 0.5x to 2.2x. If anything, the P/S ratio is kind of toward the high side. The same general story holds with the price-to-book ratio. So these two metrics hint at a stock that isn't expensive, but it also isn't trading at bargain-basement prices.
The price-to-earnings ratio is a bit more positive, with the 11.1x P/E toward the lower end of its historical range. And the average insurance company has a P/E ratio of around 11.8x, so this makes Progressive look reasonably priced. Only Progressive's P/B ratio is 3.7x compared to the industry average of 1.7x, so the broader industry comparison still isn't a clear-cut win.
#ratio #progressive
1 month ago
WASHINGTON – If recent history is the judge, President Donald Trump faces an uncertain legal landscape after his latest attempt to ban certain media outlets from covering him at the White House.
Trump announced in a Sept. 18 social media post that he is banning reporters from three major media outlets – CNN, MS NOW, and Politico – from the White House because he views their coverage as "FAKE NEWS."
Trump later said there wasn't a specific incident or story that prompted him to initiate the ban, which would not preclue the outlets from reporting on the president.
"It's really just ***** ulative stories over the last few years. You get sick of it," he said.
It's not the first time the Trump administration has taken such action against the press.
#House #washington #sept
Trump announced in a Sept. 18 social media post that he is banning reporters from three major media outlets – CNN, MS NOW, and Politico – from the White House because he views their coverage as "FAKE NEWS."
Trump later said there wasn't a specific incident or story that prompted him to initiate the ban, which would not preclue the outlets from reporting on the president.
"It's really just ***** ulative stories over the last few years. You get sick of it," he said.
It's not the first time the Trump administration has taken such action against the press.
#House #washington #sept
1 month ago
Virtus Investment Partners, Inc. (NYSE:VRTS) reported on September 11 that preliminary ****** ets under management, or AUM, totaled $147.501 billion at August-end, compared with $148.874 billion at July-end. That represents a $1.373 billion decline, or approximately 0.9%.
Management identified net outflows in institutional accounts, retail separate accounts, U.S. retail funds and global funds, partly offset by positive flows into exchange-traded funds, or ETFs, and tender-offer funds.
Positive market performance partly offset net outflows. The $1.373 billion AUM decline therefore differs from net client withdrawals, which the announcement did not quantify. The underlying business question is whether products attracting new money can become large enough to stabilize the revenue base.
Virtus Investment Partners, Inc. (NYSE:VRTS) has identifiable sources of customer demand. Positive net flows into ETFs and tender-offer funds provide a route toward a more balanced product mix.
ETF demand also appeared in the second quarter, when these products attracted $0.3 billion of net inflows. August's positive flows suggest the opportunity extends beyond a single reporting period.
#virtus #investment #partners
Management identified net outflows in institutional accounts, retail separate accounts, U.S. retail funds and global funds, partly offset by positive flows into exchange-traded funds, or ETFs, and tender-offer funds.
Positive market performance partly offset net outflows. The $1.373 billion AUM decline therefore differs from net client withdrawals, which the announcement did not quantify. The underlying business question is whether products attracting new money can become large enough to stabilize the revenue base.
Virtus Investment Partners, Inc. (NYSE:VRTS) has identifiable sources of customer demand. Positive net flows into ETFs and tender-offer funds provide a route toward a more balanced product mix.
ETF demand also appeared in the second quarter, when these products attracted $0.3 billion of net inflows. August's positive flows suggest the opportunity extends beyond a single reporting period.
#virtus #investment #partners
1 month ago
NEW YORK (AP) — President Donald Trump said Friday that he was barring CNN, MS NOW and Politico from the White House due to what he called unfavorable coverage and "fake news," and threatened that more such media bans could be coming — the latest salvo in the president's increasingly aggressive response to media coverage he finds unfavorable.
Like many of Trump's other confrontations with news organizations — some of which are playing out in the legal arena — this threat has potential First Amendment implications. There was no immediate indication, though, that he was following through.
Trump wrote on his social media site that effective immediately, "I am banning" CNN, MS NOW and Politico "from the White House as a result of their constant 'reporting' FAKE NEWS!" Minutes later, speaking at an event in the Oval Office, Trump was asked to explain his statement.
"Because they're fake news," he said. "You get so tired of reading and seeing fake news. When you look at CNN, it's just fake. That's why their ratings are no good. When you look at MS NOW … , it's fake news."
"And when you look at Politico ... the stories they wrote are fake. So there's a lot of news and there may be others to join them, and maybe they can get better," he said. "But our country has to have honest news."
#fake #look #House
Like many of Trump's other confrontations with news organizations — some of which are playing out in the legal arena — this threat has potential First Amendment implications. There was no immediate indication, though, that he was following through.
Trump wrote on his social media site that effective immediately, "I am banning" CNN, MS NOW and Politico "from the White House as a result of their constant 'reporting' FAKE NEWS!" Minutes later, speaking at an event in the Oval Office, Trump was asked to explain his statement.
"Because they're fake news," he said. "You get so tired of reading and seeing fake news. When you look at CNN, it's just fake. That's why their ratings are no good. When you look at MS NOW … , it's fake news."
"And when you look at Politico ... the stories they wrote are fake. So there's a lot of news and there may be others to join them, and maybe they can get better," he said. "But our country has to have honest news."
#fake #look #House
1 month ago
On Wednesday, OpenAI (OPAI.PVT) revealed six new examples of its AI models displaying "unexpected or concerning model behavior" during testing and evaluation.
The company made the announcement alongside a new framework for "tracking, reporting, and disclosing" instances where AI models take actions they otherwise aren't told to or shouldn't.
It follows a number of reports of AI models from companies hacking into third-party networks and services, including an unreleased OpenAI model breaking into the network of AI model and testing site Hugging Face.
Earlier this week, Anthropic (ANTH.PVT) CEO Dario Amodei penned a lengthy essay calling for a slowdown in the pace of the development of frontier AI models, after Anthropic researcher Jacob ******* on posted on X that he was resigning from the company because it, and his former employer OpenAI, is "racing straight to self-improving superintelligence and gambling with our lives."
Anthropic alignment science lead Evan Hubinger followed up on ******* on's comments with his own post on X saying that he believes there is a greater-than-10% chance that the technology could "kill all humans."
#face
The company made the announcement alongside a new framework for "tracking, reporting, and disclosing" instances where AI models take actions they otherwise aren't told to or shouldn't.
It follows a number of reports of AI models from companies hacking into third-party networks and services, including an unreleased OpenAI model breaking into the network of AI model and testing site Hugging Face.
Earlier this week, Anthropic (ANTH.PVT) CEO Dario Amodei penned a lengthy essay calling for a slowdown in the pace of the development of frontier AI models, after Anthropic researcher Jacob ******* on posted on X that he was resigning from the company because it, and his former employer OpenAI, is "racing straight to self-improving superintelligence and gambling with our lives."
Anthropic alignment science lead Evan Hubinger followed up on ******* on's comments with his own post on X saying that he believes there is a greater-than-10% chance that the technology could "kill all humans."
#face
1 month ago
A UTMA custodial account requires no attorney, costs nothing to open, and lets married couples contribute $38,000 annually per grandchild without triggering gift-tax reporting.
VOO anchors the portfolio at 60-70% with a 0.03% expense ratio, while SCHG's 447% 10-year return earns it a 20-25% growth slice.
Custodial account funds legally become the grandchild's property at 18 or 21, so grandparents who want spending control should use a 529 instead.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You want to hand each grandchild a serious head start without the complicated legal setup. Skip the trust attorney. A custodial account under the Uniform Transfers to Minors Act (UTMA) can be opened in an afternoon at any major brokerage, and three low-cost ETFs can do the work for the next 15 to 20 years: the Vanguard S&P 500 ETF (NYSEARCA:VOO), the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG), and the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). Three tickers, one account per grandchild, and time on your side.
#custodial #three
VOO anchors the portfolio at 60-70% with a 0.03% expense ratio, while SCHG's 447% 10-year return earns it a 20-25% growth slice.
Custodial account funds legally become the grandchild's property at 18 or 21, so grandparents who want spending control should use a 529 instead.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You want to hand each grandchild a serious head start without the complicated legal setup. Skip the trust attorney. A custodial account under the Uniform Transfers to Minors Act (UTMA) can be opened in an afternoon at any major brokerage, and three low-cost ETFs can do the work for the next 15 to 20 years: the Vanguard S&P 500 ETF (NYSEARCA:VOO), the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG), and the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). Three tickers, one account per grandchild, and time on your side.
#custodial #three
1 month ago
Amazon Business is now a $60B operation serving 11 million customers worldwide. In this FreightWaves Today interview, Amazon Business exec Daniel Silverfield breaks down what that scale means for procurement, supplier consolidation, same-day grocery delivery and AI-driven savings.The big takeaway: business buyers want fewer suppliers, better visibility and less waste in purchasing. Silverfield explains how Amazon Business is pitching exactly that to everyone from small companies to Fortune 100s.
Amazon Business has hit $60 billion in annualized gross sales and now serves 11 million customers worldwide, with 1.8 million organizations added this year alone — a growth rate that puts it on par with a Fortune 100 company if it were standalone. The platform, which launched roughly a decade ago after Amazon noticed businesses already shopping on amazon.com, is increasingly central to how companies across sectors manage procurement, from office supplies to same-day groceries.
The scale matters to shippers, carriers, and brokers because Amazon Business is driving a fundamental shift in B2B purchasing behavior — consolidating supplier pools, centralizing data, and moving procurement from quarterly reporting cycles to an always-on, AI-powered model. Every order that migrates to the platform is one fewer touchpoint for traditional distributors and one more shipment flowing through Amazon's own logistics network.
Daniel Silverfield, head of value and selection for Amazon Business, said the platform saved customers $880 million on Prime free shipping last year and $1 billion through business-specific discounts. The company added 30% new items year over year and recently launched same-day grocery delivery across 2,300 U.S. cities in the first half of this year, a capability customers had been requesting for some time.
"The big shift that we're seeing is that people are moving to a continuous, always-on, conversational-powered procurement journey where agents may be looking for the best price while they're asleep, maybe negotiating on their behalf while they're asleep, and then surfacing to them the best product to buy," said Silverfield.
#customers
Amazon Business has hit $60 billion in annualized gross sales and now serves 11 million customers worldwide, with 1.8 million organizations added this year alone — a growth rate that puts it on par with a Fortune 100 company if it were standalone. The platform, which launched roughly a decade ago after Amazon noticed businesses already shopping on amazon.com, is increasingly central to how companies across sectors manage procurement, from office supplies to same-day groceries.
The scale matters to shippers, carriers, and brokers because Amazon Business is driving a fundamental shift in B2B purchasing behavior — consolidating supplier pools, centralizing data, and moving procurement from quarterly reporting cycles to an always-on, AI-powered model. Every order that migrates to the platform is one fewer touchpoint for traditional distributors and one more shipment flowing through Amazon's own logistics network.
Daniel Silverfield, head of value and selection for Amazon Business, said the platform saved customers $880 million on Prime free shipping last year and $1 billion through business-specific discounts. The company added 30% new items year over year and recently launched same-day grocery delivery across 2,300 U.S. cities in the first half of this year, a capability customers had been requesting for some time.
"The big shift that we're seeing is that people are moving to a continuous, always-on, conversational-powered procurement journey where agents may be looking for the best price while they're asleep, maybe negotiating on their behalf while they're asleep, and then surfacing to them the best product to buy," said Silverfield.
#customers
1 month ago
Investors continue to ask for more timely information, even as the volume available to them expands. A 2026 CFA Institute survey of 2,500 **** ysts and portfolio managers found that 62% opposed replacing quarterly reporting with semiannual reporting. Nearly 85% expressed concern about comparability if companies and investment managers could determine their own reporting frequency and format. Access remains important, while interpretation requires a separate discipline.
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
1 month ago
VICTORIA, SEYCHELLES, September 16th, 2026, Chainwire
Bitget has published its August 2026 Proof of Reserves report, marking the 45th consecutive monthly disclosure since the program began in December 2022, with a total reserve ratio of 122% for the month. Separately, Bitget's August 2026 Protection Fund valuation report recorded an average monthly value of $382 million, backed by 5,500 BTC held as a separate protection reserve.
Bitget publishes both monthly Proof of Reserves and monthly Protection Fund valuation reports — two separate disclosures providing visibility into different parts of the platform's **** et-protection framework. The August PoR reserve ratio of 122% means Bitget's reported reserves for tracked **** ets exceeded the corresponding user balances included in the snapshot. A full per-asset breakdown is available on Bitget's Proof of Reserves page.
A reserve ratio above 100% reflects the position captured in a particular reporting snapshot and should not be interpreted as a financial audit or a guarantee of future solvency.
The Protection Fund's August valuation ranged from approximately $345.3 million on Aug 1, 2026 to $441.5 million on Aug 27, 2026, with an average monthly valuation of $382 million. Its dollar value fluctuates with Bitcoin's market price because the fund is backed by 5,500 BTC. Bitget established the fund in 2022 with an initial $300 million commitment, and its valuation remained above that level throughout August.
#proof
Bitget has published its August 2026 Proof of Reserves report, marking the 45th consecutive monthly disclosure since the program began in December 2022, with a total reserve ratio of 122% for the month. Separately, Bitget's August 2026 Protection Fund valuation report recorded an average monthly value of $382 million, backed by 5,500 BTC held as a separate protection reserve.
Bitget publishes both monthly Proof of Reserves and monthly Protection Fund valuation reports — two separate disclosures providing visibility into different parts of the platform's **** et-protection framework. The August PoR reserve ratio of 122% means Bitget's reported reserves for tracked **** ets exceeded the corresponding user balances included in the snapshot. A full per-asset breakdown is available on Bitget's Proof of Reserves page.
A reserve ratio above 100% reflects the position captured in a particular reporting snapshot and should not be interpreted as a financial audit or a guarantee of future solvency.
The Protection Fund's August valuation ranged from approximately $345.3 million on Aug 1, 2026 to $441.5 million on Aug 27, 2026, with an average monthly valuation of $382 million. Its dollar value fluctuates with Bitcoin's market price because the fund is backed by 5,500 BTC. Bitget established the fund in 2022 with an initial $300 million commitment, and its valuation remained above that level throughout August.
#proof
1 month ago
Boston, Massachusetts-based State Street Corporation (STT) provides a range of financial products and services to institutional investors. Valued at a market cap of $50.9 billion, it offers custody, accounting, and fund administration services for traditional and alternative ****** ets, as well as multi-asset-class investments, recordkeeping, client reporting, and more.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the ****** et management industry.
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#market #street
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the ****** et management industry.
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#market #street
1 month ago
As the artificial intelligence revolution shifts from experimentation to industrial scale, choosing between Cerebras Systems (NASDAQ:CBRS) and CoreWeave (NASDAQ:CRWV) presents a unique choice for investors seeking infrastructure growth in 2026.
Cerebras builds massive chips designed to accelerate intensive workloads, while CoreWeave offers specialized cloud services for those same tasks. Both companies have seen rapid growth as businesses scramble for computing power, making them key names to watch among semiconductor stocks and infrastructure providers.
Cerebras Systems focuses on a single, bold hardware proposition: the Wafer-Scale Engine. This processor is the size of an entire silicon wafer, designed to train complex models much faster than traditional clusters. The company serves enterprise, government, and high-performance computing customers across North America, Europe, and the Middle East. While its latest annual report does not disclose specific major customers, its global reach continues to expand as it targets large-scale research and national security projects.
Financial performance has trended upward significantly in recent years. In its 2025 fiscal year (FY), revenue reached $510.0 million, representing growth of 75.7% compared to the prior year. The company also achieved profitability during this period, reporting net income of $237.8 million. This results in a net margin of 46.6%, which measures the percentage of revenue that remains as profit after all expenses are paid.
As of its December 2025 balance sheet, the company maintains a current ratio of 2.1x, indicating its ability to cover short-term obligations with short-term ***** ets while the debt-to-equity ratio is -0.5x. During FY 2025, free cash flow was negative at $392.8 million. Free cash flow is the cash a business generates after paying for its operations and capital expenditures to maintain the business.
#cerebras #million #cash #wafer
Cerebras builds massive chips designed to accelerate intensive workloads, while CoreWeave offers specialized cloud services for those same tasks. Both companies have seen rapid growth as businesses scramble for computing power, making them key names to watch among semiconductor stocks and infrastructure providers.
Cerebras Systems focuses on a single, bold hardware proposition: the Wafer-Scale Engine. This processor is the size of an entire silicon wafer, designed to train complex models much faster than traditional clusters. The company serves enterprise, government, and high-performance computing customers across North America, Europe, and the Middle East. While its latest annual report does not disclose specific major customers, its global reach continues to expand as it targets large-scale research and national security projects.
Financial performance has trended upward significantly in recent years. In its 2025 fiscal year (FY), revenue reached $510.0 million, representing growth of 75.7% compared to the prior year. The company also achieved profitability during this period, reporting net income of $237.8 million. This results in a net margin of 46.6%, which measures the percentage of revenue that remains as profit after all expenses are paid.
As of its December 2025 balance sheet, the company maintains a current ratio of 2.1x, indicating its ability to cover short-term obligations with short-term ***** ets while the debt-to-equity ratio is -0.5x. During FY 2025, free cash flow was negative at $392.8 million. Free cash flow is the cash a business generates after paying for its operations and capital expenditures to maintain the business.
#cerebras #million #cash #wafer
1 month ago
Vince Holding (VNCE) jumped 46% on Monday after reporting healthy Q2 2026 earnings. The move pushed the apparel brand's share price further out of penny-stock territory, making it the 14th-highest bullish price surprise of the day.
If you're an aggressive investor, it can't hurt to consider the stock, even though it's up 178% over the past year.
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#vnce #goldman #expects #chair
If you're an aggressive investor, it can't hurt to consider the stock, even though it's up 178% over the past year.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#vnce #goldman #expects #chair
1 month ago
During the September 10 episode of Mad Money, a caller inquired about Mad Money host Jim Cramer's confidence that Arista Networks, Inc. (NYSE:ANET) will not go down the same path as Ciena Corporation. He replied:
Okay, so let me just tell you, Arista is up a lot this year. My confidence is with Jayshree Ullall. I think she's amazing and I think it every time the stock has dipped, if you've noticed it. Since her tenure began, you have to buy it, and I'm not backing away from that. I feel the same way I do now, the way I did, oh man, how many years ago when we first met her. She is money, and the company's fantastic.
In its second quarter, the company shattered records by delivering its first-ever $3 billion quarter, reporting $3.036 billion in revenue, a 38% year-over-year and over 12% sequential increase. Management lifted its full-year 2026 revenue guidance to approximately $12.6 billion, representing roughly 40% annual top-line growth. The acceleration is supported by deep integration into cloud architectures, where Arista Networks, Inc. (NYSE:ANET) expects its dedicated AI fabrics revenue to reach at least $3.5 billion in 2026, supported by more than 100 **** ulative Etherlink customers.
Bottom-line performance remains equally strong, with non-GAAP diluted earnings per share reaching $1.02, driven by a 49.9% non-GAAP operating margin and $1.3 billion in non-GAAP quarterly net income. Arista Networks, Inc. (NYSE:ANET) ended the quarter with roughly $13.3 billion in cash and marketable securities, offering substantial liquidity. However, its $9.7 billion of non-cancellable purchase commitments also increase working-capital and inventory risk as the company secures components ahead of expected AI demand.
The company's financial results remain heavily tied to two hyperscale customers. According to its 10-K filings, Microsoft accounted for 26%, and Meta Platforms generated 16% of total revenue in fiscal 2025, bringing combined spending from these two cloud giants to 42%. It leaves Arista Networks, Inc. (NYSE:ANET) vulnerable to sudden capital expenditure adjustments, vendor diversification shifts, or project delays by its core buyers.
#billion #NYSE #year
Okay, so let me just tell you, Arista is up a lot this year. My confidence is with Jayshree Ullall. I think she's amazing and I think it every time the stock has dipped, if you've noticed it. Since her tenure began, you have to buy it, and I'm not backing away from that. I feel the same way I do now, the way I did, oh man, how many years ago when we first met her. She is money, and the company's fantastic.
In its second quarter, the company shattered records by delivering its first-ever $3 billion quarter, reporting $3.036 billion in revenue, a 38% year-over-year and over 12% sequential increase. Management lifted its full-year 2026 revenue guidance to approximately $12.6 billion, representing roughly 40% annual top-line growth. The acceleration is supported by deep integration into cloud architectures, where Arista Networks, Inc. (NYSE:ANET) expects its dedicated AI fabrics revenue to reach at least $3.5 billion in 2026, supported by more than 100 **** ulative Etherlink customers.
Bottom-line performance remains equally strong, with non-GAAP diluted earnings per share reaching $1.02, driven by a 49.9% non-GAAP operating margin and $1.3 billion in non-GAAP quarterly net income. Arista Networks, Inc. (NYSE:ANET) ended the quarter with roughly $13.3 billion in cash and marketable securities, offering substantial liquidity. However, its $9.7 billion of non-cancellable purchase commitments also increase working-capital and inventory risk as the company secures components ahead of expected AI demand.
The company's financial results remain heavily tied to two hyperscale customers. According to its 10-K filings, Microsoft accounted for 26%, and Meta Platforms generated 16% of total revenue in fiscal 2025, bringing combined spending from these two cloud giants to 42%. It leaves Arista Networks, Inc. (NYSE:ANET) vulnerable to sudden capital expenditure adjustments, vendor diversification shifts, or project delays by its core buyers.
#billion #NYSE #year