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Xs2jB
7 hours ago
Cash App segment is becoming a major driver of the growth story for Block Inc. (NYSE:XYZ) in 2026, as the underlying lending operations within the segment standout as key determinants of management's outlook for the remainder of the year. Recent initiatives around the company's proprietary credit signal support the narrative and broaden the company's lending reach. For the first time, Block will open its Cash App Score for external lenders by collaborating with Nova Credit's Cash Flow Intelligence Platform.
Photo by Clay Banks on Unsplash
Cash App Score was previously limited to internal use by the company for its consumer lending offerings such as the Cash App Borrow. This latest development could pave way for the monetization of company's data infrastructure, resulting in an additional revenue source.
During the second quarter, Block exceeded its prior guidance, reporting $3.17 billion in gross profit and $864 million in adjusted operating income. Revenue reached $6.62 billion, up 9.3% year over year. Gross profit expanded by 25% relative to the same period last year, and the company posted record 27% adjusted operating margins. Adjusted EPS clocked in at $1.02, exhibiting year-over-year growth of 65%.
Block's impressive second quarter print was driven by strong consumer spending, along with Cash App gross profit expansion of 31% year-over-year increase. This can be attributed to significant expansion in consumer lending, driven by Cash App Borrow. Block said Financial Solutions gross profit growth was driven primarily by Cash App Borrow. It reflects favorably on broader user engagement, who are utilizing Cash App for short-term credit financing instead of just a savings or payment mechanism. Despite a nominal 3% growth in monthly transacting actives, volumetric growth within Cash App was impressive. There was a 59% year-over-year jump in Cash App Consumer Lending origination volume, and 17% increase in Cash App Commerce Enablement volume.

#cash #Consumer
paflybounce0446
7 hours ago
On August 4, Essential Utilities (NYSE:WTRG) reported second-quarter results that read like two different stories stapled together. Revenue climbed, the dividend grew for the 36th time in 35 years, and the merger with American Water inched closer to the finish line. But earnings per share actually dipped from a year earlier, and the company had to strip out merger costs just to show flat profitability. For a utility this steady, that split is worth a closer look.
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.

#water #pennsylvania
iSUUfCy4
7 hours ago
On August 6, Nova (NASDAQ:NVMI) reported second-quarter 2026 results for the three months ended June 30, and the numbers marked a new high point for the semiconductor metrology company. Revenue hit $255.0 million, up 8% from the first quarter of 2026 and 16% higher than the second quarter of 2025. GAAP net income reached $75 million, while non-GAAP net income climbed to $86.5 million. For a company built around measuring the tiniest details in chip manufacturing, the quarter itself was anything but small.
The headline figures tell part of the story, but the breakdown underneath is where the quarter gets interesting. GAAP earnings per diluted share reached $2.20 in the second quarter of 2026, up from $2.04 in the first quarter of 2026 and $2.14 a year earlier in the second quarter of 2025. Non-GAAP earnings per diluted share went further, hitting $2.51 in the second quarter of 2026 compared with $2.33 in the first quarter of 2026 and $2.20 in the second quarter of 2025. That is back-to-back sequential growth on both a GAAP and non-GAAP basis, not just a single strong quarter against an easy comparison.
Two product lines did the heavy lifting. Nova posted record revenue from its advanced logic devices business, which it tied to the industry's shift toward Gate-All-Around transistor architecture and rising demand for advanced process nodes. Advanced packaging solutions also hit a record, supported by capacity additions across both logic and memory manufacturing. Those are two distinct growth engines firing in the same quarter, which matters more than a single hot product line would.
Management is not treating this as a one-off. For the third quarter of 2026, the period ending September 30, Nova guided to revenue of $277 million to $287 million, GAAP diluted EPS of $2.46 to $2.61, and non-GAAP diluted EPS of $2.70 to $2.85. At the midpoint, that outlook points to another double-digit sequential jump in sales. President and CEO Gaby Waisman framed the quarter as validation of the company's long-term plan, citing broad-based customer demand, continued market share gains, and deeper engagement across leading-edge device segments as the drivers behind what he described as increased visibility into coming quarters.
The results were not clean across every line. Gross margin came in at 56.5% in the second quarter of 2026, down from 57.7% in the first quarter of 2026 and 57.8% in the second quarter of 2025. That is a decline on both a sequential and year-over-year basis even as revenue set records, which means the mix of what Nova sold this quarter carried lower profitability than what it sold a year ago.

#quarter #gaap
5s_3dkijs
7 hours ago
Baidu announced on September 4 that its Hong Kong Class A shares are now included in both the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, effective September 7.. The change gives eligible mainland investors direct access to the Hong Kong listing, potentially widening liquidity and the shareholder base. It does not alter the operating competition between Baidu, Inc. (NASDAQ:BIDU) and Alibaba Group Holding Limited (NYSE:BABA), which are pursuing AI through different mixes of models, cloud infrastructure, chips, and consumer distribution.
Baidu's bull case combines search traffic, its Ernie ecosystem, cloud services, and Kunlunxin chips. Stock Connect can make that story easier for mainland investors to own, while its dual-primary Hong Kong listing broadens access. The bear case is that improved trading access does not repair weak advertising, guarantee cloud share, or remove geopolitical and regulatory risk. The catalyst affects liquidity more directly than earnings.
Insider Monkey counted 49 hedge funds holding Baidu, Inc. (NASDAQ:BIDU) at June 30, down from 50 at March 31. David Tepper's Appaloosa Management disclosed 1,295,000 shares, 87% more than in Q1. That increase shows one manager's conviction, not a broad rise in fund participation.
Alibaba's June-quarter AI Cloud and Compute Services revenue reached $7.1 billion, up 45% year over year, while segment adjusted EBITA rose 133% to $830 million. Its bull case is a full stack spanning Qwen models, cloud, proprietary chips, and commerce distribution. The bear case is capital intensity, fierce domestic competition, exposure to consumer spending, and the possibility that fast AI growth remains too small to transform the larger group's valuation.
Ninety-seven hedge funds held Alibaba Group Holding Limited (NYSE:BABA) in Q2, down from 102 in Q1. Ken Fisher's Fisher **** et Management disclosed 5,096,418 shares after trimming the position by 0.5%.

#kong #holding
yivulumovnu2624
8 hours ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
After dominating the early-2000s with hits like "Bartender" and "Buy U a Drank," it may not come as no surprise that singer Faheem Rashad Najm (aka T-Pain) is wealthy enough to buy a private jet.
However, his journey from hit singles to private jet money also involved a detour through financial struggles. In a 2019 interview on The Breakfast Club (1) radio show, T-Pain confessed he lost his initial $40 million fortune because of bad management.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold

#finance #drank #faheem
rdbzyddkcqqks
9 hours ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Ever wondered what it would be like to have seven-figures in your 401(k) plan? Well, for at least 769,000 Americans, that's a reality. That's the number of people with at least $1 million in their 401(k) at the end of June 2026, according to Fidelity data cited by Yahoo Finance (1).
That's a tiny fraction of adults with retirement accounts. If you're in this club, you're extremely lucky. You're also sitting on a relatively large IOU to the tax authorities. At age 73, the Internal Revenue Service (IRS) (2) imposes required minimum distributions (RMDs), which are generally taxed as ordinary income.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold

#like #wealth #ever
b9oSt
9 hours ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
French energy distributor Rubis just proved that expensive oil does not have to mean ugly numbers. First-half profits jumped, guidance went up and investors rewarded the French energy distributor with a roughly 5% share-price pop.
Rubis shares climbed after the French energy distribution and renewables group delivered a strong first half and upgraded its full-year outlook.
Revenue rose 24% to €4.07 billion (about $4.8 billion) in the six months to June, while EBITDA increased 18% to €434 million from €369 million a year earlier.
Net income attributable to shareholders climbed 17% to €191 million, with diluted earnings per share also rising 17% to €1.85.

#rubis #distributor #half
zoom
10 hours ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Diesel prices reached a new all-time record on Sept. 4, surpassing the previous record set in June 2022. AAA reported the national average price per gallon of diesel at $5.85, which is $0.04 above the previous $5.81 peak in June 2022 (1).
Geopolitical conflict was a primary driver of both the June 2022 and the September 2026 price surges, with Russia's invasion of Ukraine (2) driving prices higher in 2022 and the ongoing conflict with Iran playing a critical role in causing the most recent run-up (3).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold

#Diesel
H4RdCEfuCcxJ
10 hours ago
Harbor Funds, an investment management company, released its Q2 2026 investor letter for "Harbor Mid Cap Value Fund". The letter can be downloaded here. Global equities experienced a sharp rally in Q2 2026, with the S&P 500 returning 15.2%, its strongest quarter since 2020, driven by a shift from software to hardware in the Artificial Intelligence capital spending cycle. Small caps outperformed large caps, with the Russell 2000® gaining 21.5% compared to the Russell 1000's 15.1%. Growth stocks led within large caps, while Information Technology rose about 33%, contributing significantly to the S&P 500's return. The Harbor Mid Cap Value Fund returned 13.99%, outperforming its benchmark, the Russell Midcap Value Index. Strong stock selection in Consumer Discretionary, Real Estate, and Financials contributed positively, although an underweight in Information Technology negatively impacted results. Despite ongoing economic uncertainties, the investment philosophy remains committed to a disciplined value approach. Check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Harbor Mid Cap Value Fund highlighted State Street Corporation (NYSE:STT) as a material contributor to performance. State Street Corporation (NYSE:STT) is leading US-based financial services company providing custody, accounting, and fund administration services. On September 04, 2026, State Street Corporation (NYSE:STT) closed at $194.26 per share. Over the past month, State Street Corporation (NYSE:STT) returned 3.61%, and its shares are up 73.23% over the past year. State Street Corporation (NYSE:STT) has a market capitalization of $53.36 billion, and its stock has traded within a 52-week range of $104.64 to $195.93.
Harbor Mid Cap Value Fund stated the following regarding State Street Corporation (NYSE:STT) in its Q2 2026 investor letter:
"The top contributors in the second quarter included three Information Technology holdings, as well as Garrett Motion in the Consumer Discretionary sector and State Street Corporation (NYSE:STT) in Financials. State Street advanced due to a strong earnings report highlighting increases in fee-based revenues, expanding ******* ets under management and ******* ets under custody/administration. The company increased its dividend and continued to buy back shares, which pleased investors. We trimmed our exposure."
State Street Corporation (NYSE:STT) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 52 hedge fund portfolios held State Street Corporation (NYSE:STT) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of State Street Corporation (NYSE:STT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend,
mpk3t7
10 hours ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
"People that are against Tariffs are FOOLS!" President Donald Trump posted on Truth Social in November 2025, according to CNN (1). "A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone."
However, the administration hasn't issued an update on this idea since then.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold

#Gold
ksqyjuengzlva
10 hours ago
Harbor Funds, an investment management company, released its Q2 2026 investor letter for "Harbor Mid Cap Value Fund". The letter can be downloaded here. Global equities experienced a sharp rally in Q2 2026, with the S&P 500 returning 15.2%, its strongest quarter since 2020, driven by a shift from software to hardware in the Artificial Intelligence capital spending cycle. Small caps outperformed large caps, with the Russell 2000® gaining 21.5% compared to the Russell 1000's 15.1%. Growth stocks led within large caps, while Information Technology rose about 33%, contributing significantly to the S&P 500's return. The Harbor Mid Cap Value Fund returned 13.99%, outperforming its benchmark, the Russell Midcap Value Index. Strong stock selection in Consumer Discretionary, Real Estate, and Financials contributed positively, although an underweight in Information Technology negatively impacted results. Despite ongoing economic uncertainties, the investment philosophy remains committed to a disciplined value approach. Check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Harbor Mid Cap Fund highlighted Hewlett Packard Enterprise Company (NYSE:HPE). Hewlett Packard Enterprise Company (NYSE:HPE), US based information technology company that specialized on developing intelligent solutions, positively contributed to the fund's performance this quarter. On September 04, 2026, Hewlett Packard Enterprise Company (NYSE:HPE) closed at $52.00 per share. Over the past month, Hewlett Packard Enterprise Company (NYSE:HPE) declined 2.31%, but its shares are up 127.30% over the past year. Hewlett Packard Enterprise Company (NYSE:HPE) has a market capitalization of $69.03 billion, and its stock has traded within a 52-week range of $19.84 to $64.25.
Harbor Mid Cap Fund stated the following regarding Hewlett Packard Enterprise Company (NYSE:HPE) in its Q2 2026 investor letter:
"The top contributors in the second quarter included three Information Technology holdings: TD Synnex, Arrow Electronics, and Hewlett Packard Enterprise Company (NYSE:HPE). Hewlett Packard Enterprise was up nearly 90% due to surging AI server demand and a successful integration of its Juniper Networks acquisition. The company reported record revenue with earnings per share significantly beating estimates."
Hewlett Packard Enterprise Company (NYSE:HPE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 85 hedge fund portfolios held Hewlett Packard Enterprise Company (NYSE:HPE) at the end of the second quarter, up from 58 in the previous quarter. While we acknowledge the potential of Hewlett Packard Enterprise Company (NYSE:HPE) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on t
deltapixelYKZJMTef13
10 hours ago
The Baltimore Ravens have undergone significant changes entering the 2026 season, but elite talent, depth, and versatility remain central to their pursuit of a championship. Baltimore's veteran core will help Jesse Minter navigate his first season as a head coach. Some of those players, however, are also approaching crossroads because of age, injuries, salary considerations, or increased competition.
With the regular season approaching, here are five Ravens veterans entering pivotal seasons, along with one bonus candidate.
Bateman has repeatedly shown flashes of becoming a dependable playmaker, but injuries and inconsistent opportunities have prevented him from establishing himself as one of the NFL's most productive receivers.
The talent has never been the primary question. Bateman can create separation, stretch the field, and provide Lamar Jackson with a reliable target outside the numbers. What Baltimore needs now is consistent availability and production all season. Zay Flowers is firmly established as Jackson's leading receiver, while rookie Ja'Kobi Lane brings size and considerable upside to the position. Bateman must carve out a defined role within Declan Doyle's offense and capitalize on his opportunities. A productive season would strengthen Bateman's place within Baltimore's long-term plans. Another uneven campaign could force the Ravens to reevaluate the position.
Stanley remains one of the NFL's best left tackles when healthy, but age makes every season more significant.

#Ravens
xyhdiggadgetdrift
10 hours ago
Stewart ***** et Management's flagship portfolio returned 15.97%, net of fees, in the second quarter, and the S&P 500 Index gained 15.20%. YTD, it appreciated 5.37%, net of fees, and the S&P 500 Index gained 10.21%. The letter can be downloaded here. Despite geopolitical uncertainties, share prices surged higher as emerging prospects for a ceasefire in the Middle East restored market composure and investor optimism for continued earnings growth in the second half of the year. Volatility in share prices was noted, particularly tied to industrial trends like AI, with comparisons made to the internet boom and personal computer adoption. Despite concerns about extreme valuations and potential corrections, the conclusion is that strong earnings growth is fundamental to rising share prices, emphasizing the importance of investing in robust businesses. Please check the fund's top five holdings for its best picks in 2026.
In its second-quarter 2026 investor letter, Stewart ***** et Management highlighted Lumentum Holdings Inc. (NASDAQ:LITE). Lumentum Holdings Inc. (NASDAQ:LITE) is a leading technology company that manufactures and sells optical and photonic products. On September 04, 2026, Lumentum Holdings Inc. (NASDAQ:LITE) closed at $881.26 per share. Over the past month, Lumentum Holdings Inc. (NASDAQ:LITE) gained 13.83%, and its shares are up 519.81% over the past year. Lumentum Holdings Inc. (NASDAQ:LITE) has a market capitalization of $79.05 billion, and its stock has traded within a 52-week range of $144.52 to $1,085.68.
Stewart ***** et Management stated the following regarding Lumentum Holdings Inc. (NASDAQ:LITE) in its Q2 2026 investor letter:
"During the quarter we initiated a small investment in Lumentum Holdings Inc. (NASDAQ:LITE), a leader in optical networking — the hardware that moves data between AI chips, servers, and data centers. We believe AI infrastructure spending is driving an optical upgrade cycle from which Lumentum may benefit. Demand outstrips supply, and customer agreements now extend through 2027 as data centers grow in number and size. Capturing this opportunity requires execution on capacity expansion and continued hyperscaler willingness to invest in AI infrastructure. The primary risks ***** ociated with the company are its concentration of revenue from a small number of customers, product timelines shifting and emerging technologies. However, we believe that the positives noted above outweigh these risks."
Lumentum Holdings Inc. (NASDAQ:LITE) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 111 hedge fund portfolios held Lumentum Holdings Inc. (NASDAQ:LITE) at the end of the second quarter, down from 123 in the previous quarter. While we acknowledge the potential of Lumentum Holdings Inc. (NASDAQ:LITE) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that a
pixelcrash
10 hours ago
Olivia Rodrigo gave Palestinian designer Yasmeen Mjalli a reason to keep going. Mjalli said her fashion brand nearly shut down before Rodrigo's commission. The singer ordered a dress for her Daisy Chain Fields Festival. Mjalli described the opportunity as "divine intervention."
Mjalli founded Nöl Collective in 2020. The Palestinian brand works with women's cooperatives and individual embroiderers. Its designs preserve traditional Palestinian craftsmanship through contemporary clothing. However, operating from the West Bank has created major challenges.
Mjalli said a shipment of handwoven wool was held by Israeli customs. She said authorities eventually destroyed the materials. She then tried sourcing replacement fabric in Jerusalem. However, road closures prevented her from reaching the city.
"I was genuinely like, maybe we should stop, maybe this is our last effort," Mjalli told Vogue Arabia. She said she was "just so tired" after facing repeated obstacles. The situation nearly became the brand's breaking point.
Then Rodrigo commissioned Nöl Collective to create a dress. Mjalli described the commission as "divine intervention." The project gave her a reason to continue despite the challenges.

#reason
9792GLOGZ43
11 hours ago
Cricket Australia (CA) has opened the door to private investment in the Big Bash League (BBL), with the Melbourne Renegades set to become the first franchise offered for sale from the 2027-28 season.

The decision comes after months of discussions between Cricket Australia and Australia's state cricket ***** ociations over the future of the domestic T20 competition.

At a press conference at the SCG on Tuesday afternoon, CA confirmed that the Renegades will be the first BBL franchise to enter the private ownership process. Other BBL and WBBL teams could also be offered for sale in the future under a "self-determination" model.

The governing body said the move is aimed at bringing private investment into the T20 competition and strengthening the financial position of Australian cricket as players and teams are increasingly being drawn towards lucrative leagues around the world.

"CA will invite bids from private owners for the Renegades with a view to them playing the 2027-28 season under new ownership," the governing body said in a statement on Tuesday.

"Beginning the sales process for the Renegades allows us to take the first step in a self-determination model for our members and represents a defining moment for the game," said Cricket Australia chair Mike Baird.

"This is a significant decision that has involved an enormous amount of ***** ysis, discussion and collaboration over many months."

CA said other franchises could be put on the market at a later stage.

"Pending the result of that process, CA will consider taking other clubs to market under a self-determination model that gives each state member the ability to ***** s the optimal pathway for its own club and community."

According to cricket.com.au, Hobart Hurricanes, Perth Scorchers and Melbourne Stars are among the other clubs believed to be interested in private investment.

The Renegades are owned by Cricket Victoria, which supported CA's original plan. They won the BBL ***** le in the 2018-19 season.

The move comes as CA looks to strengthen its finances. Despite a boost in revenue from hosting a five-Test series against India, the game's biggest financial market, CA reported a net deficit of A$11.3 million for the 2024-25 financial year.

"By opening the door to private investment in the Big Bash Leagues, Cricket Australia is taking a deliberate step to strengthen and secure the long-term future of the game," CA Chairman Mike Baird said in Tuesday's statement.

Australia Prime Minister Anthony Albanese announced in July that December's BBL 2026-27 season opener between the Renegades and Perth Scorchers would take place in the Chennai.

While CA is allowing private ownership, it will continue to control key areas of the competition. Baird said the governing body will retain control over international scheduling, player availability, salary caps and media rights.

CA will also have the power to approve or veto investors and set a reserve price for
k2FWIEv
12 hours ago
Timely enough off the heels of the Labor Day holiday yesterday, the NHL's new collective bargaining agreement, the labor rules agreed to by the NHL and the NHLPA, kicks in next week. The new agreement is in place through September 2030, marking the second time in a row the two sides have put a deal in place without missing any time. That's no small matter, prior to the recent labor peace the NHL owners have locked out the players in 2004 and 2012 for significant periods that cost a total of 116 games.
These days, fortunately for all, there is more cooperation and perhaps about the best working relationship between the owners and players that we have seen in hockey. Those good feelings are no doubt influenced by business as a whole booming – revenue is way up so their is more money to be made by both sides. Further, ownership is absolutely swimming in vastly increased valuation and sale prices lately – look no further than the Penguins selling for $1.75 billion in 2026 after selling for $900 million just five years earlier.
The new CBA had some rules come on board early for last season – like LTIR tweaks and the playoff salary cap. Here are a few more interesting tweaks in place.
Training camps open Sept. 16 to coincide with the start of that new labor deal, and they'll look much different than they did in the past. Experienced players will be put through only a 13-day camp, down from 20 days, and those with at least 100 NHL games on their resumes are now limited to two exhibition games. Each team will play only four exhibition games.
The preseason shrinks again, at least formally. Most players across the league are already skating informally with their teammates and have been for a week or more by this point. That amount of time in the pre-practice stage will now be longer than the formal, official 13-day training camp. Long gone are the days of multiple on-ice sessions per day. In fact, teams can also no longer implement fitness testing for unpopular tests on the exercise bike or the so-called dreaded bag skate or repetitive timed sprints.

#players #place #rules
Xgl19Gw
14 hours ago
Meghan Markle is reportedly looking to rebuild one of her most high-profile friendships following her family's move back to the U.K. According to a new report, the ***** ss of Sussex has been quietly reaching out to Victoria Beckham after years of alleged tension between the two. The reported effort comes as Markle and Harry settle into a new home near the Beckhams' Cotswolds estate.
According to Globe Magazine, Meghan Markle believes there is still a chance to repair her friendship with Victoria Beckham despite their long-rumored falling out. A source claimed the ***** ss considers the relationship "unfinished business" and is now "reaching out and testing the waters" through mutual friends.
The insider alleged that Markle was deeply disappointed by how the friendship unraveled. The source also suggested she believes outside influences and media speculation played a significant role. Rather than any lasting personal conflict, these factors ultimately drove a wedge between the two women.
The reported feud dates back several years. In his book "Revenge: Meghan, Harry and the War Between the Windsors," author Tom Bower claimed Markle suspected Victoria of leaking private information to the press. According to the book, Harry later confronted David Beckham over the allegation, a move that reportedly strained the relationship between the couples.
The renewed interest in reconnecting follows Markle's reported return to the U.K. with Harry and their children, Prince Archie and Princess Lilibet. Reports have claimed the family has relocated to an estate in the Cotswolds, where David and Victoria also own a country home.

#meghan #according #reported
2449
14 hours ago
Roma is in, but Francesco Totti prefers not to rush things.
The former Giallorossi captain, now an advisor for Maxima Roma, spoke to Rai Sport on the sidelines of the presentation of the capital's basketball team, also focusing on the ***** le race.
Regarding the potential battle for first place, Totti names two teams but postpones any decision: "Roma and Inter are the candidates for the ***** le, we're not saying anything and we'll wait for the rest of the season. We'll see in 10 or 15 matchdays."
Meanwhile, his bond with the Giallorossi remains intact. Totti doesn't hide his satisfaction with the team's start and reiterates what Roma means to him: "I will never put Roma aside, it's my skin. We're here, we've started well, and I hope it can continue at this level."
The former number 10 then rejected the idea that the new adventure could be a response to those who didn't involve him in other projects: "Am I taking revenge on those who didn't seek me out? It's not a reprisal, but a project that's excited me. I'm happy because for me, sport comes first."

#giallorossi #we 're #we 'll
bol0760
14 hours ago
While all drugs sold to American consumers face a rigorous approval process, that's not the case when it comes to supplements. The Food and Drug Administration (FDA) does not approve supplements, and while there are some limits to the claims that can be made by companies in this ******* e, there's a fair amount of latitude.
"The manufacturer must have substantiation that the claim is truthful and not misleading and must submit a notification with the text of the claim to FDA no later than 30 days after marketing the dietary supplement with the claim. If a dietary supplement label includes such a claim, it must state in a 'disclaimer' that FDA has not evaluated the claim," according to the FDA website.
Supplement makers can make certain structure/function claims without FDA preapproval, as long as they have substantiation that the claims are truthful and not misleading, and that they meet the agency's other requirements.
"The disclaimer must also state that the dietary supplement product is not intended to 'diagnose, treat, cure or prevent any disease,' because only a drug can legally make such a claim," the federal agency shared.
It's a legal grey area that allows supplements to advertise that they can help with fitness, hair growth, sleep, and your ability to focus.

#claims #dietary
qnaheyusakecpofefo96
14 hours ago
After a few years of watching Walmart (NASDAQ: WMT) crush Target (NYSE: TGT), the pauper has become the prince in 2026. Shares of Target are bullseye-red hot, soaring 68% this year. In the other corner, Walmart is a laggard with a 4% year-to-date decline.
The two retail chains have withstood the test of time. They have raised their quarterly dividends for more than five decades. However, which one is the better buy in September? A case can be made for buying both, but the name I'm going with might surprise you.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
When you see a stock outperforming against a rival over the past eight months, you might conclude that Target is growing faster than Walmart. You might also ******* ume that it's trading at a higher earnings multiple or packs a lower yield, given the wide performance gap. You would be wrong on all three counts.
Target's trailing revenue has risen a mere 2% over the past 12 months. Walmart's trailing top-line growth at 6.2% is more than three times faster. Target stock is simply bouncing back from a dark ******* e. It will end a run of three consecutive years of declining revenue this fiscal year.

#NVIDIA #three
0atnfyt3311knqbrvtkq
15 hours ago
Bloom Energy (BE) surged 207% year to date and 26% in a single week after S&P Dow Jones announced its S&P 500 inclusion.
Paul Pelosi's accounts bought Bloom stock and options worth a $3 million floor just weeks before the S&P 500 announcement.
Bloom posted $1.07 billion in Q2 revenue, beating consensus by 29%, after all major US hyperscalers validated its AI factory power solutions.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Bloom Energy didn't make the cut. Enter your email to see the names that beat BE. The report is free. Enter your email and see if any of your stocks made the cut.
On August 21, 2026, a periodic transaction report filed under Speaker Emerita Nancy Pelosi's name disclosed a multimillion-dollar position in Bloom Energy (NYSE:BE), the solid-oxide fuel cell maker that powers onsite generation for hyperscale data centers. Weeks later, S&P Dow Jones Indices announced Bloom is joining the S&P 500 in its September quarterly rebalance. The stock has since gone vertical. We covered the Pelosi household disclosure in detail when it hit; this is the sequel.

#energy #jones #announced #email
vxvzrqpvh
15 hours ago
Prince Harry and Meghan Markle's relationship with the royal family will reportedly face renewed tension. The shift follows a pointed letter from King Charles. According to a royal expert, the Duke of Sussex will be left "angered" by official guidance clarifying his standing in the monarchy. The Sussexes previously sparked fresh speculation after returning to Britain with their family. While speculation remains about their future ties, Charles allegedly handed the couple a blunt statement confirming they remain non-working royals.
The firm directive from Buckingham Palace has reportedly dashed any lingering hopes of a hybrid role for the Sussexes. King Charles' official instruction to government and military officials could reportedly keep the Sussexes sidelined in the long run. Royal commentators writing for iNews recently revealed that the King issued a formal statement to establish clear boundaries.
According to reports, the letter was sent by the Lord Chamberlain on behalf of the King to government departments, military officials, lord lieutenants across Britain, and Harry and Meghan themselves. Although Harry is the King's son, the Palace allegedly wants no confusion about his non-working status moving forward.
Reports claimed that official guidance serves as a shut-down against rumors of a half-in, half-out royal plan. "Not a quiet word in your ear, not a private memo: no, this was a formal, blunt statement of fact sent to Harry on his father's orders," the report noted. The expert revealed that Palace officials strictly designed the public directive to shut down speculation.
Furthermore, the directive stated that Harry and Meghan's "HRH" ******* les remain in abeyance, preventing the couple from using them in any official capacity. Harry might hope to continue his charitable work in Britain. However, Buckingham Palace has completely ruled out official royal backing.

#harry #sussexes
slowlyblinkbol
15 hours ago
Shares of Chime Financial (NASDAQ: CHYM) rallied 44% in August, according to data from S&P Global Market Intelligence.
Chime delivered an excellent second-quarter earnings report, showing stronger-than-expected growth and a significant inflection in profitability. With the stock having sold off since going public a little over a year ago, it's no surprise to see a rally in response to the strong numbers one year later.
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 »
In the second quarter, Chime's revenue grew 27% to $670 million, with earnings per share swinging from a loss in the prior-year quarter to a positive $0.07. Both figures handily beat **** yst expectations. Chime also raised its full-year revenue guidance to between $2.725 and $2.745 billion, up from the prior quarter's range of $2.66 billion to $2.69 billion, and adjusted EBITDA (earnings before interest, taxes, and depreciation, and amortization) between $465 and $475 million, up from the prior quarter's guidance between $416 million and $431 million.
While revenue growth came in ahead of expectations, the real story appeared to be the company's skyrocketing profit margins. Second quarter adjusted EBITDA margins of 15% marked a more than 12 percentage point improvement relative to the year-ago quarter.

#year #chime #signal
fnoq435nzmksvke556
15 hours ago
Lucid Group, Inc. (NASDAQ:LCID) is recalling 27,185 of its Air luxury sedans in the U.S. because an exterior lighting circuit could overheat and raise the risk of fire, the National Highway Traffic Safety Administration said on August 28.
NHTSA told owners to park outside and away from structures until a fix is deployed and warned the overheating circuit could also knock out exterior lighting, raising crash risk too. Lucid already released a free over-the-air software update, and NHTSA said 20,719 of the affected vehicles had received it before the announcement.
The recall is Lucid's largest ever, covering more cars than it delivered in all of 2025, when it handed over 15,841 vehicles. It follows a May recall of 2,039 vehicles over lost drive power and a January recall of more than 10,000 vehicles over rearview camera problems.
Lucid Group, Inc. (NASDAQ:LCID)'s top line continues to grow despite its operational challenges, as second-quarter revenue jumped 56% year over year to about $405 million and 44% sequentially. The growth was helped by higher deliveries, a better product mix, a 3.7% increase in average selling price, and $25 million in additional regulatory credit sales. This growth gives Lucid a stronger revenue base as management works to improve the firm's basic economics.
New CEO Silvio Napoli has also introduced a specific turnaround plan with measurable targets. His operational reset plans to generate $1.4 billion in cash-flow improvements this year. It directly addresses problems such as premature product launches, inadequate service investment, and slow responses to quality issues. A more disciplined approach could help Lucid reduce execution problems and rebuild investor confidence.

#lucid #recall #problems #group
rjz196cccyx
15 hours ago
General Motors Company (NYSE:GM) reached a tentative three-year labor deal with Unifor that Canadian workers ratified on August 29 and 30, securing more than C$1 billion ($791 million) in new and previously announced investment across Ontario, covering over 4,600 workers.
GM will spend C$144 million to bring next-generation Heavy-Duty GMC Sierra production to Oshawa, adding to a previously committed C$343 million there. At St. Catharines, GM will invest C$215 million in a new transmission program starting late 2029, on top of a previously announced C$691 million for V8 engine production. GM also pledged not to immediately sell or close its CAMI plant in Ingersoll while it studies alternatives, including possible defense work if it lands a Canadian Armed Forces contract. The deal lands as Canada's auto sector faces 25% U.S. tariffs, with Trump threatening to double that to 50% on January 1, 2027, and U.S. and Canada trade talks still stalled.
General Motors Company (NYSE:GM) enters this deal from a position of financial strength. GM beat second-quarter expectations with adjusted earnings per share of $3.57 versus the $3.18 estimate and revenue of $48 billion versus the $46.99 billion forecast. The company also raised its full-year guidance for the second time this year, while adjusted automotive free cash flow reached $5 billion, up $2.2 billion year over year. That cash generation gives GM room to fund its Canadian commitments without putting significant pressure on its balance sheet.
The tariff environment has also become more favorable for GM. After the Supreme Court invalidated tariffs imposed under emergency powers, GM lowered its full-year gross tariff-cost estimate to $2.5 billion-$3.5 billion from $3 billion-$4 billion. Protecting Canadian production now could reduce the risk of costly disruptions as GM adjusts its North American manufacturing footprint and responds to changing trade policies.
The agreement also protects GM's pickup and SUV business, which generates some of the company's highest margins. CEO Mary Barra said North American demand remains strong for these vehicles, while the return of Heavy-Duty Sierra production to Oshawa will give GM additional North American capacity for a key product line. Producing more trucks within the region could also help GM reduce its exposure to cross-border tariff costs.

#million
17fuzzy
16 hours ago
CNBC reported that American Airlines Group Inc. (NASDAQ:AAL) announced seven new international routes for its summer 2027 schedule, most flown on its Airbus A321XLR.
New destinations include Philadelphia to Porto and Vienna and JFK to Amsterdam and Nice, alongside a returning Reykjavik route and Charlotte-Barcelona and Chicago-Tokyo Narita service on widebody jets. American's SVP of network and schedule planning, Brian Znotins, said the XLR "really opens up the menu for all these destinations that are just too small for a widebody." The announcement came the same week that rival United Airlines, which flies more international routes than any other U.S. carrier, unveiled its own 2027 international additions. American has said its flying is split roughly 80% domestic and 20% international.
The XLR gives American Airlines Group Inc. (NASDAQ:AAL) a more flexible way to expand its international network. The smaller, long-range aircraft lets American serve thinner transatlantic markets without committing the capacity of a larger widebody jet. That flexibility opens opportunities such as Philadelphia-Vienna and Philadelphia-Porto and gives American another way to grow international revenue.
The XLR's premium-heavy configuration also gives American more room to target higher-value travelers. American designed the aircraft's new interior with more premium seating than its other aircraft, allowing the airline to offer a stronger premium product on long-haul routes. If American can fill those seats at attractive fares, the aircraft could improve the economics of its international expansion.
American also gains a competitive advantage on Philadelphia-Vienna. The airline said it will become the only U.S. carrier offering nonstop service between the two cities. That position gives American a differentiated product on the route and could help it capture travelers who value nonstop service.

#american #airlines #widebody
echo
16 hours ago
Workday, Inc. (NASDAQ:WDAY) reported fiscal second-quarter revenue of $2.65 billion, up nearly 13% year over year and above the $2.64 billion ***** ysts expected, Reuters reported, citing LSEG data. Subscription revenue rose 13.9% to $2.471 billion. Chief Commercial Officer Rob Enslin said, "Over half of our net new wins in the second quarter signed up for one or more AI solutions," and AI products drove more than $100 million in new annual contract value, over 25% of all new ACV closed in the quarter. Non-GAAP operating margin expanded to 31.1%, up 212 basis points year over year. CFO Zane Rowe said Workday expects fiscal 2028 subscription revenue to grow by nearly 11%, in line with the pace expected for the second half of fiscal 2027.
The beat came with quantified AI monetization behind it. AI products already account for more than 25% of new annual contract value and are approaching $600 million in annual recurring revenue. It is evidence that customers are paying for AI capabilities today rather than Workday simply promising future upside.
Profitability is expanding at the same time growth continues, not at growth's expense. Non-GAAP operating margin rose to 31.1%, up 212 basis points from a year earlier. It shows Workday's AI investment is being absorbed without eroding the bottom line, a combination that strengthens the case that AI is additive rather than just a cost center.
Workday, Inc. (NASDAQ:WDAY)'s reporting is directly countering the disruption narrative that has weighed on enterprise software stocks. Reuters described the results as "easing investor fears of artificial intelligence disruption," and Enslin's comment that AI is now "a key reason companies are modernizing their core on Workday" shows AI is pulling customers toward Workday's platform rather than away from it.
Forward revenue visibility is improving, not just this quarter's headline number. The 12-month subscription revenue backlog grew 14.2% to $9.03 billion. It gives Workday a larger, growing pipeline of already-contracted future revenue to draw on.

#revenue #year #fiscal #rather
508yck
16 hours ago
Apple Inc. (NASDAQ:AAPL) raised the price of Apple TV in the U.S. to $14.99 a month from $12.99 and increased the individual Apple One bundle to $21.95 a month from $19.95, CNBC reported.
Apple TV launched in 2019 at $4.99 a month and has since added significant content, including the film "F1" and a fourth season of "Ted Lasso." The move follows a $1-a-month increase to Apple Music in July, which Apple attributed to licensing costs. Apple reported $30.7 billion in services revenue for its fiscal third quarter, up 12% year over year. The segment's gross margin fell more than a percentage point sequentially, which the company blamed on product mix and foreign exchange headwinds.
The higher price shows a genuinely larger content library, not just a margin grab. Apple TV launched with limited programming at $4.99 a month. It now includes award-winning originals like "Severance" and blockbuster films like "F1" and gives Apple a stronger case that the price increase tracks real value added rather than outpacing what subscribers get.
Apple Inc. (NASDAQ:AAPL) is raising prices in step with the rest of the industry, not standing out as an outlier. Netflix, Hulu, Disney+, and Peacock have all raised their own prices recently, reducing the competitive and reputational risk that price-sensitive subscribers abandon Apple TV specifically for a cheaper alternative.
Services remains a genuine growth engine with real momentum behind it. Revenue in the segment grew 12% to $30.7 billion in the fiscal third quarter, and price increases across Apple TV, Apple Music, and Apple One bundles all flow directly into that high-margin, recurring revenue line, reinforcing one of Apple's most valuable businesses beyond hardware sales.

#Margin #aapl #Services
moctvcresdy
16 hours ago
Selling a home for $890,000 leaves roughly $328,000 taxable after the $500,000 joint exclusion, adding $9,240 in Medicare surcharges two years later.
Section 121's $500,000 joint exclusion ceiling hasn't risen with inflation since 1997, leaving longtime homeowners exposed to large taxable gains on ordinary homes.
Rebuilding cost basis with documented improvements, deferring optional IRA withdrawals, and budgeting for the Medicare surcharge from proceeds reduces the sale's financial impact.
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For more than 40 years, the house did exactly what its owners hoped it would do. A couple who paid $62,000 for their home in 1984 closes on the sale this year at $890,000. The IRS lets them exclude up to $500,000 of gain under Internal Revenue Code Section 121. Any taxable gain left after the exclusion, basis adjustments and selling expenses flows into adjusted gross income (AGI). That figure helps determine the modified adjusted gross income (MAGI) Social Security uses to calculate Medicare's income-related monthly adjustment amount (IRMAA) two years later. The sale closes in 2026. The Medicare bill arrives in 2028.

#medicare #years #selling #later
madlydrift758
16 hours ago
Turkish Airlines will become Liverpool's front-of-shirt sponsor from the start of the 2027-28 season in a £300m deal.
The five-year contract is worth in excess of £60m a season, an increase on the current £50m-per-season deal with Standard Chartered, which has been the club's main partner since 2010 and is the existing front-of-shirt sponsor.
Liverpool believe the agreement with Turkish Airlines is the the most valuable front-of-shirt-only commercial deal in Premier League history.
Both ***** nal and Manchester City have deals with Emirates and Etihad Airways respectively, but those also involve stadium naming rights.
In February, Liverpool announced record revenues of more than £700m for the most recent financial year and were the highest-placed Premier League club in the Deloitte Football Money League.

#league #front #season #airlines

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