Interested in Morguard North American Residential Real Estate Investment Trust? Here are five stocks we like better.
Q2 results weakened: Net income fell to C$26.1 million, while FFO declined 11.1% year over year to C$22 million, or C$0.42 per unit, as vacancy, operating costs and interest expense increased.
Occupancy remained under pressure in both Canada and the U.S., falling to 91.4% and 92.8%, respectively. Management said leasing activity has improved ahead of the summer season, although incentives and elevated repair costs continue to weigh on operations.
The REIT completed C$162.8 million of Canadian CMHC-insured refinancing and a US$29.2 million U.S. refinancing, ending the quarter with approximately C$204 million in cash. It is also advancing due diligence on a potential C$1 billion Canadian residential portfolio acquisition expected to close in the second half of 2026.
Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) reported lower second-quarter net income and funds from operations as higher vacancy, operating costs and interest expense weighed on results, while management said leasing activity has improved heading into the busier summer season.

#residential #morguard #real #investment

Next FIFA president: Candidates to challenge Gianni Infantino once presidential election is called originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
There is a growing animosity inside and outside FIFA regarding the standing of president Gianni Infantino, who has spent a decade in charge of the football governing body.
For the majority of Infantino's 10 years in charge, the feeling within FIFA has been that of a united front behind Infantino, even as fans and media express frustration with the direction of the game throughout recent years. The Swiss-born football executive has seen the non-profit's cash reserves grow exponentially, while the World Cup has blossomed into a cash behemoth.
Yet it only took one major controversy for Infantino's position to become not just tenuous, but downright toxic, as the FIFA Forward Enterprise (FFE) proposal has completely eroded faith in the president and generated criticism and vitriol across all corners of the football world.
The Sporting News explains if Infantino will step down, and who could push to take over if the current president is either ushered out or loses the upcoming presidential vote in early 2027.

#infantino #sporting #years

OKLAHOMA CITY (AP) — Gov. Wes Moore of Maryland said he is "very concerned" that President Donald Trump will wield the power of the federal government to thwart the midterm elections this fall as the Republican tries to maintain his grip on power during the final two years of his administration.
In an interview as he becomes chair of the National Governors ***** ociation, the potential 2028 Democratic presidential contender ticked through Trump's efforts to restrict voting by mail, obtain voter information from states and possibly deploy federal troops or agents to polling places. Moore said there was a role for the NGA, a bipartisan group, to ensure states are able to oversee elections as designed by the U.S. Constitution.
"I don't think that the president is trying to hide the ball on this," Moore said. "It's not even am I concerned about what the president could do? I'm concerned about what he's already doing in broad daylight."
The 47-year-old governor's national profile is rising as he ***** umes the top leadership post for the nation's governors on Saturday, a role once held by Bill Clinton when he was governor of Arkansas. Moore is the subject of frequent speculation that he will announce a presidential run, a prospect he rules out, saying he will not "get distracted" before the November elections.
His travel to early presidential testing grounds such as South Carolina and Nevada, though, suggests he may run. Moore is proving himself a savvy digital communicator and crafts an image as a newcomer to politics while voters demand change.

#elections #national

MOSCOW, July 31 (Reuters) – A court in the Russian capital has confiscated 123 real estate ***** ets which belonged to the Jehovah's Witnesses and transferred them to the Russian state, Moscow's court service said on Friday.
It said the property ***** ets had previously been registered as belonging to the Swedish branch of Jehovah's Witnesses and included 63 residential and commercial properties with a total area of over 11,000 square metres and 60 plots of land with a total area of 5.6 hectares situated across the country.
At least 40 dead at Morocco-Spain border
A Russian court banned Jehovah's Witnesses as an "extremist organisation" in 2017, a move that the European Court of Human Rights ruled in 2022 was itself unlawful. Many Jehovah's Witnesses in Russia have since been jailed after being convicted of "extremist activity."
(Reporting by Reuters; Editing by Andrew Osborn)

#court #moscow #july

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.
Management is aggressively driving portfolio turnover to reallocate capital from legacy ***** ets into high-conviction themes like residential, industrial, and net lease sectors.
The company entered the $200 billion single-family home builder finance market to capture share from retreating regional banks, targeting mid-to-high teens levered yields.
Total office exposure has been reduced from 36% to 21% of the portfolio, with a goal to reduce legacy pre-2023 and office exposure by 40% or more by year-end.
Performance remains strong across the vast majority of the portfolio, supported by a 10-quarter trend of improving real estate values and a 20-year high in CMBS issuance.

#Portfolio #exposure #total

GENEVA (AP) — Two senior FIFA officials criticized Gianni Infantino's World Cup sell-off plan Friday with one resigning as a presidential adviser and a second saying staff were deceived by project that must not go ahead.
Carlos Cordeiro, who represented the soccer body on the White House Task Force for the World Cup, resigned in protest at the private equity plan.
Politics: Fox World Cup **** yst Calls Trump 'The Soccer President'
"I cannot stand by while FIFA considers selling a stake in the World Cup," Cordeiro, a former Goldman Sachs banker, said in a statement resigning as adviser to FIFA President Gianni Infantino that urged other senior FIFA staff to speak out.
FIFA's chief operating officer Kevin Lamour said in a statement to The **** ociated Press staff were "deceived" by Infantino's lack of openness planning the private investor scheme and "deserve better than contempt and intimidation."

#cordeiro

The following article contains a discussion of suicide.
Each day Mark Beard spends in recovery is a reminder of what could have been. He is living a version of the future that his brother, the late former Liverpool Women manager Matt Beard, could have had.
Mark is a professional development coach at Premier League club Hull City. His brother Matt was a revered women's football coach synonymous with Liverpool, where he won back-to-back Women's Super League ***** les in 2013 and 2014 before returning to guide them back into the top flight in 2022. He also led West Ham Women to an unlikely FA Cup final, was twice voted WSL manager of the season and was posthumously inducted into the league's Hall of Fame this year.
Matt died at the age of 47 last September. The inquest into his death is not concluded, but a coroner's court was told that he took his own life.
In the months after Matt's death, Mark went to Sporting Chance, the residential treatment facility and mental health clinic founded by former ***** nal and England captain Tony Adams to help professional sportspeople. Mark checked himself in to address the drinking that had spiralled out of control as he faced the reality of life without Matt.

#Liverpool #former

ExxonMobil (NYSE:XOM) is one of the top energy names in President Donald Trump's financial disclosures from earlier this year. The stock is up about 27% so far this year. But does a presidential trade make it a buy today? Let's break down what's actually driving the stock.
Exxon benefits directly from rising oil prices amid the Iran war. Its upstream segment was projected to see a multibillion-dollar earnings lift for the second quarter compared to the first, driven almost entirely by higher realized prices rather than any change in production. That's the logic behind buying an oil major right as a Middle East conflict escalates.
Exxon's balance sheet gives it room to lean into higher prices. Net debt relative to EBITDA sits under 1x, among the lowest in the industry, and the company is on pace to repurchase roughly $20 billion of stock this year. Guyana production just hit a quarterly record above 900,000 barrels a day, and the company has applied to drill dozens more wells there.
In the Permian Basin, Exxon is now the largest operator following its Pioneer acquisition and expects to roughly double output there by 2030. Longer term, natural gas tied to data center power demand is another growth lever bulls point to, with McKinsey estimating data centers could eventually account for more than a tenth of total U.S. power demand.
There's a demand question sitting underneath the price spike. The IEA sees global oil demand softening this year, and even OPEC, which tends to run more optimistic, trimmed its own demand growth forecast. If the Iran-driven premium in oil prices fades if another ceasefire takes place, some of Exxon's near-term earnings boost fades with it.

#Iran #earnings

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
The Turner Building Cost Index rose 5.2% year over year in the second quarter, providing further evidence that construction costs are increasing on an annual basis, even as monthly numbers offered a momentary reprieve.
The construction cost yardstick from New York City-based Turner Construction, the industry's largest contractor by revenue, increased 1.4% from the first quarter as high-growth sectors drove demand for both labor and materials, according to a July 24 news release.
"Demand remains strongest in data centers, semiconductors, advanced manufacturing, and mission-critical facilities, particularly in the Midwest and Southeast," Attilio Rivetti, Turner's vice president responsible for compiling the index, said in the release. "The industry's biggest challenge continues to be the availability of skilled Mechanical and Electrical labor."
Monthly costs have whipsawed recently. In June, nonresidential input costs decreased 1.1% month over month, according to the latest data from the U.S. Bureau of Labor Statistics. But that dip came after a 2.6% month-over-month surge in May, a jump that helped spur the fastest annual increase since the pandemic.

#construction #dive #monthly

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.
Achieved record adjusted EPS growth of 18%, tripling sales growth through disciplined pricing and SG&A productivity despite global macroeconomic uncertainty.
Accelerated the shift toward high-growth markets, specifically targeting critical minerals and data center infrastructure to diversify away from lower-growth residential cycles.
The company delivered growth through price realization, acquisitions, and higher volumes, while continuing to focus on operational consolidations and strategic supply chain initiatives to drive future productivity., with expectations for this velocity to scale over the next several years.
Strengthened the North American water treatment position by adding new dealers that contributed over $2 million in incremental revenue during the quarter.

#next #NVIDIA #strengthened

The Senate took its first major step in fulfilling one of the late Sen. Lindsey Graham's biggest desires: levying bone-crushing sanctions against Russia.
A bipartisan swell carried the sanctions package through its first hurdle on an 86-12 vote, which has gone through several iterations in the time since it was first formulated by Graham and Sen. Richard Blumenthal, D-Conn. He explained that at its core, the package was designed to stop purchases of Russian oil and gas that was "fueling Putin's war machine."
"Ukraine's fight is our fight," Blumenthal said. "Nobody believed that more deeply and passionately than Lindsey Graham. He lived it, and this vote is a step forward."
Lindsey Graham's Final Mission Nears Finish Line As World Leaders Gather To Honor Him
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin chairs a meeting of the Presidential Council for the Implementation of State Policy on the Promotion of the Russian Language and the Languages of the Peoples of Russia via video link at the Kremlin in Moscow on June 2, 2026.

#state

For three consecutive presidential campaigns, President Donald Trump regularly told the same lie when he spoke in the swing state of Michigan. Before he even entered politics, he claimed, he was named "Man of the Year" in the state.
The problem: CNN and other media outlets repeatedly noted that this award did not exist. But Trump revived the tale once more near the end of a falsehood-filled economic speech in Michigan on Monday — and added an additional lie claiming that an initially skeptical media had eventually discovered the award story was correct.
"I was here 25 years ago, I got Man of the Year. They — oh, by the way, the press questioned that, and then they found out it was true, actually," Trump said with a chuckle. "And I made a speech, and all I talked about was why are you letting them steal your auto industry?"
Nope. This is yet another example of the fake history that has littered various Trump addresses this month.
Approaching 10 full years after Trump debuted the "Man of the Year" lie, ***** ody has ever been able to find any evidence for it. The state of Michigan does not give out a "Man of the Year" award, Trump has never lived in the state, and he and his team have never specified who or what entity supposedly gave him this award and when.

#michigan #award #years

A federal appeals court has upheld a ruling that halted President Donald Trump's executive order to create a federal list of eligible voters and limit delivery of mail ballots only to people on that list.
The ruling over the weekend rejected the Trump administration's effort to move forward with the mail-in voting restrictions in 23 U.S. states that sued ahead of November's midterm elections.
Also, the Trump administration has acknowledged in court documents that it canceled $7.6 billion in grants for hundreds of clean energy projects "based solely on the political identity of the grant recipient's state" — in this case, 16 states that voted for Democrat Kamala Harris in the 2024 presidential election.
Here's the latest:
Speaking to workers at a GM facility in Milford, Michigan, Trump touted steep tariffs that he says have protected the U.S. auto industry and revived production in the United States.

#states #court #ruling #list

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.
Management attributed strong top and bottom-line growth to aggressive new account wins and share gains rather than market recovery, which remains largely absent.
The Paint Stores Group outperformance was driven by Protective and Marine momentum in data centers and semiconductor infrastructure, offsetting persistent weakness in new residential markets.
Commercial segment gains are the result of a 24-month targeted strategy to capture market share in an underlying environment that remains soft.
Performance Coatings growth across all regions was led by heavy equipment and packaging, specifically benefiting from customer conversions to BPA-free solutions.

#Growth #Share #management #paint

FC Barcelona's pursuit of Julian Alvarez has reached a crucial stage after club president Joan Laporta confirmed that the offer made for the Atletico Madrid striker would not remain valid indefinitely.
Shortly after beginning his latest presidential term, Laporta made Barcelona's position clear.
"We have made an offer, but this offer is not unlimited in time."
Later, while in New York supporting the Spanish national team during the final stages of the World Cup, he narrowed the timeframe even further.
"The deadline for the offer is between the last week of July and the first week of August," he added.

#made #laporta #alvarez #atletico

President Donald Trump told a crowd in Michigan that the White House has ordered 250 Cadillac Escalades, the flagship sport utility vehicle in the luxury auto brand's lineup, for his presidential motorcade.
Trump revealed the purchase in a speech delivered at a General Motors testing facility in the Detroit suburb of Milford.
"The one and only Escalade," he said toward the beginning of a roughly one-hour-long address. "You know we ordered, I think, 250 Escalades, right? We ordered 250 Escalades…. We look sharp in those Escalades."
Models pose for a photographer in front of a Cadillac Escalade during a Luxury Car Show in Bucharest May 24, 2007.
The 2026 Escalade has a manufacturer's suggested retail price starting in the low $90,000's, though upgrades take it well north of six figures. Its high-performance V-series runs about $170,000.

#cadillac #white

Billionaire David Tepper made the bulk of his fortune investing on Wall Street, so it's understandable that people would peek into his hedge fund's holdings to get a look at where he's placing his bets. As of the first quarter (Q1), Tepper's hedge fund, Appaloosa Management, had $5.93 billion in ******* ets under management, with a surprising amount of that coming from a little-known energy company.
Vistra (NYSE: VST) was 5.12% of Appaloosa's portfolio, its seventh-largest holding. The six above it are Amazon, Micron, Alphabet, Uber, Taiwan Semiconductor Manufacturing, and Alibaba, all of which fall into the tech bucket.
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, why are Tepper and Appaloosa so high on Vistra? Let's take a look.
Vistra is an energy company that makes money in two main ways. The first is through retail, supplying power to around 5 million residential, commercial, and industrial customers.

#vistra #tepper

I asked an early-stage investor a simple question: Tell me about a startup that discovered, too late, that it wasn't allowed to operate the way it had built itself to operate.
Most Read from Fast Company
At the Obama Presidential Center gift store, shoppers buy into a new brand
Light's new flip phone is stylish, dumb, and perfect for our screen-addled brains
There's a new workforce crisis and it isn't burnout

#tell #fast #center #asked

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.
Americas organic growth was driven by broad-based strength in core institutional markets and a cyclical recovery in commercial verticals like office and multifamily.
The company is benefiting from a secular shift in higher education as campuses transition from mechanical keys to contactless mobile credentials, triggering large-scale hardware upgrades.
Data center demand is emerging as a high-growth vertical, now approaching 5% of non-residential business, which management expects will fuel a significant future aftermarket installed base.
International segment performance was hampered by deteriorating macroeconomic conditions in Germany, leading to a downward revision of the full-year organic outlook for that region.

#NVIDIA #americas #data #analysts

CHICAGO — The WNBA All-Stars will not play with America-themed patches on their jerseys as part of the celebration of the nation's 250th birthday.
"No, they're not on the jerseys," New York Liberty forward Breanna Stewart said Friday at a post-practice media availability at the Obama Presidential Center.
The news comes after a June report from Sportico said the WNBA planned to have its biggest stars wear USA 250 patches during Saturday's All-Star Game at the United Center (8:30 p.m. ET, ABC/Disney+).
Women's National Basketball Players ******* ociation president Nneka Ogwumike, a forward for the L.A. Sparks, said Friday the report prompted the union to discuss the patches with league leadership.
"As players, we did ask about it," Ogwumike said. "I think being in a league where you're able to have that type of conversation with your leadership is important. You're not always in a position to be able to question certain things, and our players own the fact that we have a level of autonomy.

#Friday

FirstService delivered modest revenue and adjusted earnings growth in the second quarter, while management warned that persistent economic pressure is likely to keep second-half top-line growth near current levels.
FirstService (NASDAQ:FSV) reported second-quarter revenue of $1.45 billion, up 2% year over year.
Adjusted EBITDA increased 3% to $161.7 million, while adjusted EPS rose 2% to $1.75.
FirstService Residential remained the stronger operating segment, generating 5% organic growth and a 6% increase in adjusted EBITDA.
FirstService Brands recorded a 3% organic revenue decline as weaker Roofing Corp. of America activity offset growth at Century Fire Protection.

#quarter

Growth in last-mile delivery for big and bulky e-commerce items has slowed by half because stagnant home sales mean people are ordering fewer large-ticket discretionary items like furniture and appliances, cutting into profit margins, according to a report from Armstrong & ******* ociates and the National Home Delivery ******* ociation.
Armstrong & ******* ociates estimated the $10.6 billion market for residential delivery of oversized and heavyweight items will grow at a 5.1% compound annual rate through 2027, down from 10.6% over the past eight years, reaching an estimated value of $12.3 billion. Winning service providers will be those that can best execute core, commoditized services such as white-glove delivery, time-definite, returns and in-home ******* embly.
The expansion continues to be driven by major retailers and e-commerce platforms, including Amazon, Wayfair, Home Depot and Lowe's, which have made large-format products central to their online offerings. Many third-party logistics providers (3PLs) support them, primarily utilizing independent contractors and freight brokerage operations, but the work is more complex and cost-intensive than for final-mile couriers in parcel networks who simply drop off packages at doorsteps, or in mailboxes.
As more consumers purchase ******* bersome products online, carriers face growing pressure to provide not just transportation to the curb, but a premium, in-home delivery experience that may include setup, installation, and even haul-away services, while keeping costs under control, the report said.
Demand for exercise equipment, mattresses, furniture and other large items is closely tied to switches in living locations. When people and businesses move, they tend to upgrade items, or add new ones to fill larger ******* es.

#home #associates #furniture

Giverny Capital ******* et Management, LLC, an investment management company, recently published its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The model portfolio returned 13.70% this quarter, compared to the S&P 500's 15.20% return. YTD, the portfolio gained 5.89%, while the index increased by 10.21%. The long-term link between stock appreciation and earnings growth is strong; Benjamin Graham described the market as a "voting machine" in the short term and a "weighing machine" in the long term. Despite the S&P 500's 10.2% rise in the first half of the year, 210 stocks lost value, indicating market anomalies. High-quality earnings compounders that benefit from AI capabilities are likely to maintain their competitive edge. Recently, the market has increasingly chased momentum. Tech giants are taking advantage of the optimism of investors amid fears of an AI bubble. Despite strong profit margins, reliance on "moonshot" investments raises sustainability concerns. The author recommends investing in both emerging tech leaders and established firms. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Giverny Capital ******* et Management highlighted Installed Building Products, Inc. (NYSE:IBP). Installed Building Products, Inc. (NYSE:IBP) is a construction company that engages in the installation of insulation for residential and commercial builders. On July 21, 2026, Installed Building Products, Inc. (NYSE:IBP) closed at $222.09 per share. One-month return of Installed Building Products, Inc. (NYSE:IBP) was -0.54%, and its shares gained 6.77% over the past 52 weeks. Installed Building Products, Inc. (NYSE:IBP) has a market capitalization of $5.98 billion.
Giverny Capital ******* et Management stated the following regarding Installed Building Products, Inc. (NYSE:IBP) in its Q2 2026 investor update:
"This push and pull between greed and fear creates itchy trigger fingers. Installed Building Products, Inc. (NYSE:IBP), reported mildly disappointing earnings and lost 28% of its value. IBP's primary business is installing fiberglass insulation into new home construction, and it has a large presence in the Northeast. Home construction overall is sluggish, and the Northeast had its harshest winter in years, making construction delays common. IBP's weaker volumes were not surprising, but the stock cratered. We expect IBP's shrewd management will respond to the lower valuation by buying back stock."

#building #management #construction

Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Delivered a 5.5% economic return and 1.7% book value growth, driven by lower rate volatility and the structural advantages of a diversified housing finance model.
Increased the quarterly common dividend to $0.75 per share, reflecting nine consecutive quarters of earnings exceeding the dividend and confidence in long-term earnings power.
Achieved record residential credit acquisition of $7.1 billion in Q2, utilizing the Onslow Bay correspondent channel to manufacture proprietary, high-yielding investments.
Maintained a conservative economic leverage of 5.6x while raising $450 million in accretive equity to scale the residential credit and MSR platforms.

#economic #credit

EXCLUSIVE - Far-left Democratic congressional candidate Oliver Larkin of Florida says he supports abolishing the U.S. Senate, agrees with socialist New York City Mayor Zohran Mamdani that Israeli Prime Minister Benjamin Netanyahu should be arrested during his upcoming trip to the U.S., and refers to Israel's ruling coalition as a "religious supremacist regime."
Larkin, who is challenging Democratic Rep. Jared Moskowitz in next month's Florida primary, is one of just four congressional candidates endorsed by the Democratic Socialists of America (DSA).
The 33-year-old Larkin, a veteran of progressive champion Sen. Bernie Sanders' 2016 Democratic presidential campaign, is also the only DSA-endorsed House candidate running in one of the roughly two dozen key swing districts that will determine if Republicans hold onto their razor-thin majority in the midterm elections.
Moskowitz, who is running for re-election in Florida's newly redrawn 25th Congressional District, a Broward County-anchored seat in the southeastern corner of the red-leaning state, is heavily supported by the Democratic Congressional Campaign Committee (DCCC). He currently holds a polling and fundraising lead over Larkin.
Midterm Battle For The House: Check Out The Fox News Power Rankings

#midterm

This article was originally published on ETFTrends.com.
According to Bankrate's Mortgage Rates, the national average for a 30-year fixed mortgage is 6.61%. That's uncomfortably high and a major headwind to many prospective homebuyers, particularly those in the first-time category. But it's not all bad news in the mortgage market. Confirming opportunity abounds for fixed income investors with ETFs such as the WisdomTree Mortgage Plus Bond Fund (MTGP), some experts view mortgage-backed securities (MBS) as one of the more fundamentally sturdy corners of the bond market.
The actively managed MTGP, which turns seven years old in November, sports a 30-day SEC yield of 4.31%. That's impressive when considering the scant credit risk typically ***** ociated with MBS. The case for the WisdomTree ETF is fortified by a robust fundamental outlook.
"Agency mortgage-backed securities fundamentals remain supported by a combination of elevated mortgage rates, limited refinancing incentives, constrained housing turnover, and low net supply," noted BNP Paribas.
As noted above, high mortgage rates are drags on residential real estate activity. Those rates are barriers to entry for many buyers, which morphs into a problem for sellers. However, that situation can be a boon for MBS.

#market

In a country where football is practically a second religion, a startling claim suggests Inter Miami star Lionel Messi’s influence in Argentina extends so far he could run for president.
Lionel Messi’s hold over Argentina is almost terrifying. The man ended a 36-year World Cup drought and instantly achieved total invincibility back home.
Honestly, if he launched a presidential campaign tomorrow promising only free yerba maté and public nap hours, he’d probably win in a massive landslide.
Leading Argentina back to the 2026 World Cup final at age 39 only proved his absolute dominance, and even after falling just short against Spain in extra time, his legacy is completely bulletproof.
However, calls for Messi to become the President of Argentina do seem slightly crazy.

#Inter

AI data center demand runs around the clock, straining U.S. power grids and accelerating utility infrastructure spending that makes high-yield stocks increasingly attractive.
BIP yields 4.88% and carries Morgan Stanley's Overweight rating, while AVA pays a 4.83% dividend as an under-the-radar income pick.
Edison International (EIX) pays a 4.61% dividend with Barclays' Overweight rating and a $77 price target, making it a strong pick through 2026.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Edison International didn't make the cut. Grab the names FREE today.
Data center electricity demand has surged over the last few years as AI workloads have scaled up, becoming one of the biggest tailwinds for the U.S. utility sector. Training and running large AI models require massive, continuous computing power, and technology hyperscalers have been signing large-load power purchase agreements to secure capacity for new facilities. Because data centers run around the clock, as cooling systems, servers, and networking equipment don't power down overnight the way residential or commercial demand does, they create a more constant, predictable load that utilities can plan around. Still, the sheer scale of new demand is straining grids that were built for slower, more gradual growth. This has pushed utility companies to accelerate infrastructure spending, extend the life of existing power plants, and, in some cases, explore new generation sources to keep pace, all of which factor into the growth outlooks that continue to make utility stocks attractive to investors positioning around the AI boom.

#data #center

Fred Alger Management, an investment management company, released its "Alger Weatherbie Specialized Growth Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a strong recovery in Q2 2026, with the S&P 500 Index gaining 15.2%, marking its best quarter since 2020. A ceasefire between the United States and Iran and accelerated investment in artificial intelligence (AI) regained market optimism in the quarter, leading the Information Technology and Industrials sectors upward, and Energy and Utilities lagged because of falling oil and gas prices. In June, the Federal Reserve maintained steady interest rates, but the meeting had a hawkish tone. As AI transitions into its agentic phase, opportunities are identified within sectors adopting the technology. The Weatherbie Specialized Growth Fund's Class A shares outperformed the Russell 2500 Growth Index in the quarter. The Industrials and Information Technology sectors contributed to the relative performance, whereas Financials and Consumer Discretionary sectors detracted. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Alger Weatherbie Specialized Growth Fund highlighted Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) as a notable contributor. Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) is a civil contracting company focused on site development and infrastructure services. On July 20, 2026, Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) closed at $69.25 per share. One-month return of Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) was -4.78%, and YTD its shares gained 186.39%. Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) has a market capitalization of $1.38 billion.
Alger Weatherbie Specialized Growth Fund stated the following regarding Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) in its Q2 2026 investor update:
"Cardinal Infrastructure Group Inc. (NASDAQ:CDNL) provides infrastructure services across residential, commercial, industrial, municipal, and state markets, including water, sewer, and stormwater installations, as well as grading, site clearing, erosion control, paving, and other related site services. The company benefits from demand for essential infrastructure work and has continued to expand its capabilities through organic growth and recent acquisitions. During the quarter, shares contributed positively to performance after the company reported strong first-quarter results that were consistent with management's recent positive commentary. Investor sentiment was further supported by robust organic growth, continued momentum in its mature Raleigh market, and the view that full-year guidance may prove conservative given the company's current operating trajectory."

#cardinal #group #quarter

Republican Sen. Deb Fischer (Neb.) on Wednesday objected to a request from Senate Democratic Leader Chuck Schumer (N.Y.) for unanimous consent to prohibit President Trump from using taxpayer money to further retrofit a luxury Boeing 747 gifted to the president from Qatar.
The GOP senator blocked Schumer's request to pass his Presidential Airlift Security Act, which would stop the Pentagon from spending more taxpayer money to modify Trump's new jet.
Schumer said Trump's decision to accept the jet to serve as the new Air Force One was another example of what he called "corruption" in the administration.
"Now he wants the taxpayers to fund his palace in the sky as well. Trump's $400 million foreign jet, the biggest gift a president has received from a foreign government ever, is anything but free. Taxpayers will have to pay hundreds of millions of dollars to outfit Trump's luxury jet with the security upgrades it needs to serve as Air Force One," Schumer said on the Senate floor.
Fischer rose to object and pointed out that that Schumer's proposal had already been considered and voted down by the Senate earlier this year.

#president #fischer