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j5ydjf8ho4f
23 hours ago
The Jacksonville Jaguars are hosting a month-long celebration for Hispanic Heritage Month throughout September, launching community outreach programs and student-athlete recognition under the banner "Somos DUUUVAL."
The initiative addresses the growth of the Hispanic and Latino community in Northeast Florida through youth sports, literacy outreach, and leadership initiatives.
Adriel Rocha, the Jaguars vice president of community impact and youth development, emphasized the initiative's focus on community service and culture. "Hispanic Heritage Month is a reminder of the rich culture, contributions and leadership of the Hispanic community and through Somos DUUUVAL, the Jaguars strive to celebrate and strengthen that spirit in Jacksonville," Rocha said. "Through a month-long series of initiatives for the Hispanic community, we are harnessing the power of service to strengthen connections and make a lasting difference in this community."
As part of the initiative, Jaguars PREP, the foundation's youth programming branch, partnered with Ticketmaster and Farah & Farah to host two youth football camps focused on athletics and leadership skills.
Nearly 350 students in third through fifth grades at BridgePrep Academy and Englewood Elementary School are participating.

#hispanic #month #heritage #somos
e7mhq
24 hours ago
Sept 13 (Reuters) - The head of Russia's state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing ‌two Russian servicemen and deliberately jeopardising safety at the Russian-held Zaporizhzhia ‌nuclear power plant in Ukraine.
Alexei Likhachev said the attack took place on Friday and also resulted in injuries to other Russian soldiers.
The Zaporizhzhia plant, Europe's largest with six reactors, was seized by Russian forces in the early weeks of the Ukraine war that broke out in February 2022. Each side has regularly ‌accused the other of actions ⁠that endanger safety at the plant and increase the risk of a nuclear accident.
Likhachev issued a statement saying Ukrainian ⁠forces had launched "a series of combined strikes" on Friday on fuel trucks which deliver diesel to the station.
"The strikes hit very close to the perimeter of the station's site," he said.

#russian #nuclear #Friday
xitelevu
1 day ago
In the recent past, Nvidia's (NVDA) CEO Jensen Huang has been focused on how Wall Street prices and finances AI infrastructure. As a part of this effort, Nvidia entered into an agreement with six of the world's largest **** et managers for a $500 million AI-financing plan.
Huang pitched for an AI factory platform as an investible **** et "because it's productive, it's revenue generating, it is fungible, it's used by just about every cloud service provider, it runs every AI model." With AI infrastructure buildout requiring significant investments, this pitch is intended to support cloud providers and AI companies to raise funds. In turn, Nvidia stands to benefit from the global AI ecosystem growth.
Dear **** eX Stock Fans, Mark Your Calendars for September 21
How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
GF Securities Says NAND Prices May Stabilize Later This Year. What This Means for Sandisk Stock.

#huang #model #infrastructure #asset
lwzjygqymieggtcz
1 day ago
The Cincinnati Enquirer once again is offering a new weekly feature recognizing the accomplishments of cheerleaders, dance team members and their squads: The Spirit Award.
Much like the popular athlete of the week voting, school fans and friends voted on two weekly ballots (individual and team) for The Spirit Award. Only coaches can provide nominations each week, either for their squads or other teams.
Eligible are varsity girls and boys cheerleaders and dancers who exemplify the fruits of the spirit ‒ love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control – while uplifting their squads, the student body and others. Team nominations focus on squads that come together to help each other, work hard, do things right that week, show outstanding virtues when dealing with or serving others, exceed expectations to prepare something special for the school or take part in any other honorable reason they might be acknowledged.
This week's Spirit Award winners are:
"She is an outstanding example of leadership, character, and service within our school community. Scarlett is our varsity cheer captain and sole senior cheerleader, and she has embraced that role with maturity, selflessness, and a genuine desire to make those around her better," wrote her coach, Alicia Wall, in an email to The Enquirer.

#team #weekly #nominations
gnuwyorudimifa9251
1 day ago
September's debate over Chinese and American AI spending puts Alibaba Group Holding Limited (NYSE:BABA) and Amazon.com, Inc. (NASDAQ:AMZN) on opposite sides of the same investment question. Both report strong demand for computing services. Shareholders still need that demand to justify the infrastructure bill.
September 7 coverage of Jefferies' ***** ysis highlighted differences in spending intensity. The companies' own results suggest a more useful test than choosing a winner from headline capital expenditures: distinguish operating progress from cash committed ahead of future growth.
Alibaba's August 20 report showed June-quarter AI Cloud and Compute Services revenue increasing 45% to RMB48.44 billion. Segment adjusted EBITA reached RMB5.63 billion. The reporting group now combines its former Cloud Intelligence Group with T-Head, so investors should use the company's recast comparisons.
That operating improvement supports the case that computing demand can generate returns. It does not mean the spending cycle has already paid for itself. Group capital expenditures reached RMB67.68 billion, while free cash flow, a non-GAAP liquidity measure, was negative RMB44.67 billion for the quarter.
The opportunity is to keep expanding customer demand and utilization as new infrastructure becomes available. The risk is that cash outlays remain elevated while weaker returns elsewhere in the group reduce the room for error. Cloud growth alone cannot settle the value of the entire business.

#spending #cash #Services
ezstzmg
1 day ago
For much of the past year, the "AI trade" has been focused on infrastructure: processors, data centers, and cloud capacity. Snowflake Inc. (NYSE:SNOW)'s blowout quarter, which was reported after the market closed on September 2, provided something unique: clear evidence that AI is translating into real, incremental spending within software companies that are closer to the end customer. The reaction echoed throughout corporate software the next morning, adding to a rally that, for Salesforce, Inc. (NYSE:CRM) in particular, had already begun for its own reasons.
Snowflake Inc. (NYSE:SNOW) boosted its fiscal 2027 product revenues target to $6.07 billion from $5.84 billion, following a 37% increase in second-quarter product revenue to $1.49 billion. CEO Sridhar Ramaswamy stated that the company's AI products accounted for around half of that growth acceleration, which ****** ysts took as implying that AI demand is increasing Snowflake's core data platform, instead of just adoption of standalone AI add-ons. UBS ****** yst Karl Keirstead said the figures, together with Palantir and Databricks' rapid growth, gave compelling proof of robust enterprise AI adoption.
Snowflake's beat rippled across enterprise software, with ServiceNow, Atlassian, Adobe, Intuit, and Salesforce, Inc. (NYSE:CRM) all up 3.5% to 6% on the same day, while the sector-wide iShares Expanded Tech-Software ETF rose 3%.
That Snowflake-driven spike was piled on top of a much bigger adjustment made by Salesforce, Inc. (NYSE:CRM) on its own. The company released its second-quarter fiscal 2027 results on August 26, a week before Snowflake Inc. (NYSE:SNOW), with revenue of $11.35 billion, up 11% year-over-year, with current remaining performance obligations up 14% to $33.5 billion and adjusted EPS of $5.90, exceeding the $3.27 consensus. Along with those results, Salesforce and Anthropic announced Claudeforce, an expanded partnership that initially brings Salesforce data, workflows and business logic directly into Claude through a plugin with 37 prebuilt sales skills. The companies plan additional integrations across Claude, Salesforce and Slack. That said, Salesforce recorded $2.61 billion in net gains on strategic investments during the quarter, which added $2.53 per share to non-GAAP EPS.
Taken together, the two events suggest that enterprise AI adoption can increase the value and consumption of established software platforms when AI is connected to existing corporate data and workflows

#billion #software #data #quarter
udxmdttslrfqimj
1 day ago
No. 14 Tennessee (2-0) will play its second game at Neyland Stadium during the 2026 football season on Saturday. The Vols will host Kennesaw State (1-1) at 7:45 p.m. EDT.
SEC Network will televise the matchup. Dave Neal (play-by-play), Cole Cubelic (analyst) and Ashley Stroehlein (sideline reporter) will be on the call.
On Monday, sixth-year head coach Josh Heupel discussed Tennessee playing the Owls in Week 3.
"Looking forward to getting back this week inside our stadium and seeing our fans," Heupel said. "Thank you to all the fans that showed up in Atlanta for the game last Saturday. This will be our Salute to Service game as well, so I want to thank all the men and women that have served, and are currently serving, to protect and give us the opportunity and the freedom that we certainly enjoy. We are welcoming some of the families of the men and women that we're recognizing this weekend, as well.
"Saturday, we got an opportunity to play a good Kennesaw State football team. We have a lot of familiarity with a lot of their staff. Jerry Mack and his staff have done a really good job. I think they've won 12 of the last 14 ball games they've played, so this is an opportunity for us this week to continue to grow and get better as a football team."

#play #saturday #tennessee #state
bluntly
1 day ago
On September 10, Copart (NASDAQ:CPRT) held its fourth-quarter earnings call and used it to unveil a deal that could reshape its business: an all-cash agreement to acquire ACV, a digital auto marketplace that moved roughly $10 billion of vehicles last year without owning a single lot. The announcement landed alongside a quarter that captured the company's central tension. Revenue rose, but net income fell, and management is now betting that pairing its junkyards with someone else's software can fix that.
The ACV deal is the headline, and for good reason. ACV brings more than 22,000 active buyers and inspection and valuation technology, while Copart contributes over 275 locations, roughly 4 million vehicles sold annually, and about 1 million members across more than 185 countries. Management structured it as an all-cash tender offer funded from cash on hand, with a close targeted by the end of the calendar year and earnings accretion expected in fiscal 2028. Executives framed the fit as physical scale meeting digital liquidity, giving dealers, banks, and fleet sellers a single partner for disposing of vehicles.
That diversification push is already showing up in the numbers. International revenue grew 11.7% to $222.1 million on 15% service revenue growth, and international buyers accounted for 45.7% of total US sales dollars despite making up only 38.2% of units, a sign they are chasing pricier vehicles. Domestically, non-insurance units returned to growth of 0.2% in the quarter after a full-year decline, dealer units rose 5.8%, and BluCar, which serves banks and fleets, expanded nearly 20%. Global average selling prices climbed 3.5%, evidence that Copart's auctions still command pricing power even as volumes soften.
The quarter's numbers show where the strain is. Consolidated revenue grew 2.4% to $1.2 billion, yet net income dropped 17.4% to $327.4 million and diluted earnings per share fell 14.6% to $0.35. Operating expense per car jumped 12.7% year over year as the company poured money into long-haul delivery, **** leExpress, and dedicated wholesale facilities, and US facility costs alone rose 7.7% in the quarter. Lower interest income, a byproduct of the $1.63 billion spent on buybacks earlier in the fiscal year, added to the squeeze.
The core insurance business is also cooling. Global insurance units fell 4.2%, with domestic insurance **** ignments down 7.5%, though management noted that figure would have been up 2.3% excluding the loss of a single customer. Collision claim frequency declined 3.4% even as total loss frequency hit a record 23.3% for a second quarter and severity topped $6,300 per claim, up 8.8%. And the ACV deal itself carries integration risk, since management expects only breakeven results before accretion arrives in fiscal 2028.

#quarter #vehicles #insurance
7calm
1 day ago
We now know what time and how to watch the Homecoming clash between Penn State and Wisconsin on Saturday, September 26th. Earlier today, it was announced via the official PSU Football social media accounts that the Nittany Lions will face the Badgers at Beaver Stadium in a 5:00 PM EST kickoff that will be streaming on Peacock.
Understandably, this is frustrating news for those who don't already have a Peacock subscription and don't feel like plunking down additional money for another monthly streaming subscription just to watch one game. That being said, games that air on Peacock also air simultaneously on NBC Sports Network, a channel that is readily available on Comcast Xfinity, YouTubeTV, and Fubo. So, if you already are a subscriber to one of those aforementioned streaming services, you should be good to go.
The last time these two teams collided was on October 26th, 2024, when PSU went into Camp Randall Stadium for a nighttime showdown that saw Beau Pribula step in for an injured Drew Allar after halftime and along with a pick-six by Jaylen Reed and some strong running from Kaytron Allen, help guide the Nittany Lions to a 28-13 win to keep their College Football Playoff hopes intact.

#Football #already
bolt
1 day ago
Chinese financial services firm GF Securities has cautioned that NAND prices will stabilize by the end of the year. For NAND king SanDisk (SNDK), this is particularly relevant as ******* yst Jeff Pu said, "We maintain our high‑teen QoQ NAND price expectation for 3Q26 but expect softening in 4Q26 to low single‑digit QoQ, pressured by weaker mobile demand and elevated mobile/PC inventories. Hyperscaler NAND inventory remains healthy at ~14 weeks (vs. ~15‑week normal), but the softer pricing outlook could slow pull‑ins."
This follows almost one-and-a-half years of strong NAND price growth, as AI drove a significant rise in enterprise SSD demand for training datasets, inference workloads, and model updates, among other use cases.
Dear ******* eX Stock Fans, Mark Your Calendars for September 21
How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
Nvidia's Jensen Huang Just Delivered a Huge Vote of Confidence to CoreWeave and Nebius

#nand
rcwp90a6eb
1 day ago
On September 10, Tsakos Energy Navigation (NYSE:TEN) reported a first half of 2026 that reads like a fantasy year for a decades-old tanker operator. Net income hit $228 million, more than triple what the company earned over the same six months a year earlier, while diluted EPS climbed to $7.12 from $1.70. Behind those numbers sits a rare combination: a fleet locked into billions in forward earnings, war-driven cargo detours pushing rates higher, and a newbuilding bet that has already paid off before half the ships have even hit the water.
The earnings power came from two directions at once. The average time charter equivalent rate rose 41% to $43,503 a day in the first half, and profit-sharing contracts on nine large vessels brought in $71 million, up from just $10 million a year earlier. Even with six vessels pulled from service for scheduled dry docks, the fleet still ran at 96.5% utilization. Second-quarter results followed the same pattern, with net income of $139.3 million, which included a $38 million gain on ******* et sales, and earnings per share of $4.40 against $0.67 in last year's second quarter.
Tsakos is also sitting on a fleet renewal bet that already worked out. Since the start of 2023, the company has sold 20 tankers averaging 17.3 years old and replaced them with 35 vessels averaging just half a year old. Its 26-ship newbuilding program, contracted for about $3.1 billion, is now valued roughly 30% above that cost, and CEO Nikolas Tsakos said the VLCCs in that order book have nearly doubled in price since they were placed. With $466 million in cash and forward committed earnings of roughly $3.5 billion, management has room to raise its dividend, which already paid out $1.60 per share this year, and is weighing whether to redeem $120 million of 9.25% preferred shares, a move it estimates could add $0.30 to $0.40 to EPS.
That performance came against a backdrop the company would rather not have. President George Saroglou said vessels have been attacked, and seafarers hurt or killed trying to keep global trade moving through the Strait of Hormuz, where a ceasefire unraveled roughly halfway through its planned 60-day run and a US naval presence now tries to manage safe passage. Tsakos has chosen to route around the strait entirely rather than put crews through the toll those attacks take.
The cost side is climbing too. Bunker prices jumped about 25%, pushing first-half voyage expenses to $82 million from $68 million, and operating expenses rose to $111 million from $102 million on higher dry-docking costs and inflation. Total debt reached $2.1 billion at the end of June, up from $1.8 billion a year earlier, as the company finances its newbuilding program. And while profit-sharing revenue jumped, the operating days tied to those market-related contracts actually fell 22%, meaning a smaller slice of the fleet is left exposed to capture further spot-rate gains if the tanker market keeps running hot.

#billion
aikmpob
1 day ago
A multimillion-dollar, oceanfront Malibu home said to be owned by Oscar-winning actor Nicolas Cage has been threatened by a sizable sinkhole, with officials now cautioning that conditions in the area are "likely to worsen" in the coming days.
As noted in an ***** ociated Press report on Tuesday (Sept. 8), the driveway of the mansion has collapsed, leading to a swiftly remedied gas leak. The damage has been linked to Hurricane Marie, despite it never having made landfall.
As for the Cage connection, the Los Angeles Times, citing real estate records, says the actor is listed as the property's owner. Other reports point to prior coverage of its sale to Cage back in 2024 for more than $10 million.
Tuesday, Malibu's Director of Emergency Services confirmed a local emergency declaration in response to "a large sinkhole." An evacuation order has also been put in motion "for all affected properties," officials said in a press release.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.

#malibu #oscar
grUmpYquiCkly_5
1 day ago
Democratic state parties announced Monday that they are launching an operation for the midterm elections they're calling the "New Battlefield Project," intended to recruit 10,000 volunteers to guard polling places in case armed federal officers show up.
Activists are planning mass protests if the Trump administration tries to interfere with voting or ballot counting. And legal scholars are distributing white papers advising judges what they should do if the government tries to seize ballots.
The unprecedented efforts are in response to President Donald Trump's equally unprecedented moves to interfere in this year's midterm elections, which include attempts to impose proof-of-citizenship requirements to register to vote and directing the Postal Service to play a central role in deciding which voters should get a mail ballot.
The anxious contingency planning as voting gets underway has become a marker for how fraught democracy has become in the country that once stood as an example to the world.
"We have never prepared for an election sabotage event like we have now," said Ezra Levin of the left-leaning group Indivisible.

#interfere
eCND2W19lk
1 day ago
A woman who found hairs in her Aldi dip has said she was disappointed the company included an AI prompt in its reply when she complained.
Jo Reeves from Cotteridge in Birmingham said she found the "vile" hairs when she popped out for a snack, while her partner was in hospital.
The AI prompt included the phrase: "Make it short and concise but do not overdo it" and Reeves said: "Everyone uses AI but the language is disappointing as a customer.
An Aldi spokesperson said: "This response fell well below our normal standards of customer service. We have contacted Ms Reeves directly to apologise and fully resolve the issue she had with our product."
Reeves said: "My partner was having an op in Worcester hospital so popped to the local Aldi to get 'recovery food'."

#hairs
31push
1 day ago
Another round of layoffs has brought dramatic cuts to a city's local newspaper.
On Monday, Hornets beat reporter Rod Boone of the Charlotte Observer shared on social media that the paper eliminated his position, along with seven colleagues, in the latest round of McClatchy cuts.
Boone said that the news came "less than 48 hours after being told corporate had given the green light to bring back my podcast they whacked two years earlier." He also noted that the cuts meant that the paper will no longer have a writer dedicated to covering the Hornets, a first since the team's inception in 1987.
The cuts are just the latest in a series of layoffs made at papers controlled by McClatchy. The Miami Herald also laid off staffers this week, including sportswriter Greg Cote, who went back five decades with the paper. The Sacramento Bee was also caught in the wreckage, losing its sports department entirely.
Media layoffs have only become more common in recent years, and local newspapers are especially suffering. They have also often come with a shocking lack of respect from those in charge of deciding who stays and who goes. As Boone says, he got the news of his release just days before his fifth anniversary at the paper, and just days after he was ****** ured that he was clear to bring his podcast back on the air. Similarly, Cote's dismissal from the Herald came after 54 years of service, and he got the news on his birthday.

#cuts #boone #paper
BarElY_0431
1 day ago
Energy Transfer LP (NYSE:ET) is set to move the primary listing of its common and Series I preferred units from the New York Stock Exchange to the Texas Stock Exchange in early October, making it the first major company to make such a switch from the NYSE to the newly established Dallas exchange. Reuters said the companies moving to TXSE, including Energy Transfer and related energy businesses, represent nearly $100 billion in combined market value, giving the fledgling exchange an important early credibility boost.
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.

#transfer #company #infrastructure #listing
shiny_finch_gqk_WNgY
1 day ago
Walmart Inc. (NASDAQ:WMT) is expanding its restaurant-delivery business through a partnership with Papa John's, allowing customers in select U.S. markets to order pizzas, sides, and desserts through Walmart's app and website. The service is expected to launch this fall before expanding to thousands of participating Papa John's locations nationwide. Customers will be able to order restaurant food either separately or alongside Walmart groceries and household products, with Walmart's delivery network handling fulfillment.
The move builds on Walmart's broader push into fast delivery. The company recently reported that U.S. e-commerce sales increased 24% in its latest quarter, while fast-delivery services for groceries and general merchandise grew 48%. Walmart also said 30-minute-or-less delivery was available in 38 U.S. markets, highlighting the infrastructure it can potentially leverage for restaurant orders.
The Papa John's partnership could strengthen Walmart Inc. (NASDAQ:WMT)'s position as a broader consumer-delivery platform rather than simply a retailer. Adding restaurant meals gives shoppers another reason to open Walmart's app, while the ability to combine a pizza order with groceries and household products creates an opportunity to increase basket sizes and order frequency. This is particularly attractive because Walmart already has a large store network that increasingly functions as a last-mile fulfillment system; roughly 80% of its e-commerce orders are fulfilled from stores.
The deal could also improve the economics of Walmart's existing delivery infrastructure. Instead of building a completely separate restaurant-delivery network, Walmart can utilize its established fulfillment capabilities and Spark driver network to serve incremental demand. The Papa John's relationship also expands Walmart's restaurant offering beyond earlier partnerships, helping the company build a more comprehensive alternative to dedicated delivery platforms such as DoorDash and Uber Eats.
More importantly, restaurant delivery could become another engagement tool for Walmart Inc. (NASDAQ:WMT)'s increasingly digital customer base. With e-commerce approaching a quarter of Walmart's overall sales and growing substantially faster than traditional store sales, initiatives that increase digital traffic could support Walmart's broader ecosystem of e-commerce, memberships and advertising.

#walmart #network #fulfillment
Xgl19Gw
1 day ago
Ivanka Trump and her daughter Arabella have similar tastes. The Miami-based residents were photographed over the weekend, wearing complementary midi dresses while on their way to their synagogue in Indian Creek, the affluent neighborhood where they've lived for the past couple of years.
Ivanka and her eldest daughter Arabella were photographed on their way to synagogue (@ Backgrid/The Grosby Group)
Photos showed Ivanka and Arabella walking next to each other, trailed by their Secret Service detail. Ivanka wore a white dress with green leaves and flower prints on it, which she paired with ballet flats, sunglasses, and a wide-brimmed straw hat.
Arabella wore a light blue dress that she also paired with flats, completing the look with her hair held up in a bun. She was holding on to a pink drink as she chatted with her mother.
The pair live in Indian Creek, one of the most exclusive communities in Miami (@ Backgrid/The Grosby Group)

#arabella #backgrid #grosby #group
W6TtydAsh2
1 day ago
HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services.
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.

#german
yivulumovnu2624
1 day ago
Lyft, Inc. (NASDAQ:LYFT) has begun offering Waymo's fully autonomous robotaxi rides directly through its app in Nashville, marking the first market where Waymo vehicles can be booked through both the Waymo and Lyft apps. Lyft users requesting Standard, Priority Pickup, Wait & Save, or Extra Comfort rides within the designated Nashville service area can be matched with a Waymo vehicle at no additional cost.
The rollout also gives Lyft a larger role in the autonomous-vehicle ecosystem through its Flexdrive subsidiary, which will manage charging, cleaning and maintenance for Waymo's fleet. Reuters previously reported that the Nashville partnership was intended to become Waymo's first commercial deployment through Lyft's ride-hailing network.
paul-hanaoka-D-qq7W751vs-unsplash
The partnership could strengthen Lyft, Inc. (NASDAQ:LYFT)'s long-term position in a ride-hailing industry that is increasingly moving toward autonomous vehicles. Rather than spending heavily to develop its own robotaxi technology, Lyft can leverage Waymo's autonomous-driving capabilities while providing the customer base, app infrastructure, and fleet-management services needed to put those vehicles to work. This ****** et-light approach could allow Lyft to participate in the growth of robotaxis without bearing the enormous technological costs and risks ****** ociated with developing a self-driving system internally.
The bigger opportunity is Flexdrive. Lyft is not simply sending customers to Waymo; its subsidiary is taking responsibility for keeping Waymo vehicles operational in Nashville. Lyft says its new 80,000-square-foot facility will support more than 70 full-time positions and help optimize vehicle availability. If this operating model proves successful, Lyft could potentially become a valuable infrastructure and fleet-management partner as Waymo expands into additional markets. That would give Lyft another potential revenue opportunity beyond traditional ride commissions.

#vehicle #fleet #ride #NASDAQ
boosthe
1 day ago
Sep. 14—The term sabermetrics was first coined by Bill James in 1980. It took quite a bit longer, however, for the idea to catch on with the baseball populace, but eventually acronyms like WAR, VORP and UZR caught on as a way to ****** yze the sport.
Analytics are equally as important these days in college basketball. It's why you hear Illinois coach Brad Underwood constantly referencing his team's adjusted offensive efficiency and offensive rebounding rate. Paid services like Synergy give coaching staffs an ****** ytical breakdown of their team to the finest detail.
Publicly available sites like , and , however, have broadened the usage and acceptance of a different way to follow and break down the sport. (KenPom and CBBAnalytics do have a subscription piece but are drastically cheaper than Synergy).
It's through those sites Illinois fans could track one of the most efficient offenses in the modern era during the 2025-26 season. The Illini eventually finished second in adjusted offensive efficiency behind Purdue last season. That particular metric was helped by the Illini not turning the ball over (eighth in turnover rate) and dominating the offensive glass (third in offensive rebounding rate).
One particular metric Illinois tracks is shot volume.

#like #rate #synergy
fliP
1 day ago
When we moved to our former house in the Tradition neighborhood of Port St. Lucie, Fla., we had two Starbucks, two Dunkin's, and two local coffeehouses within a few miles of our house. A few years later, when we moved away, we still had two Starbucks, but the local, independent chains had both closed.
In their place, we added 7 Brew, Cali Coffee, Carmela (a regional chain), Vicky Bakery (a popular Cuban cafe chain), another Dunkin', and a new independent coffee place.
It's a staggering amount of competition in a fast-growing section of the city that's only a few square miles. All of those added competitors come at a time when the overall market has been growing, but seems to have hit a wall.
"The Coffee and Snack Shops industry has experienced a wave of growth, emerging as a standout performer in the food service sector. It boasts an annualized growth rate of 2.5%, shooting revenues up to $75.5 billion over the five years to 2026," according to IBISWorld's Coffee & Snack Shops in the US Industry Data and ***** ysis.
Nationally, Americans also have more places to get their daily cup.

#coffee #starbucks #snack #House
5kj4sk2
1 day ago
Sept 14 (Reuters) - Dominion Energy and NextEra Energy on Monday said they would establish a ‌Virginia supplier program worth up to $1 billion ‌annually for five years if their proposed merger is approved.
They announced merger plans in May, as rising power demand from data centers, electric vehicles and other industries drives a renewed wave of utility consolidation.
• NextEra and ‌Dominion said the ⁠new program would direct spending toward contractors, suppliers and service providers in Virginia.
• ⁠They proposed extending monthly $10 bill credits to four years from two and increasing Dominion's low-income financial ***** istance by $100 million through 2038.
• The commitments include a $100 million workforce ‌development fund, an annual energy summit in the state and maintaining the current employee headcount there for five years.

#energy #nextera #merger
hackwidgeT
1 day ago
For almost three decades, fans of Law & Order: SVU have watched Mariska Hargitay bring Captain Olivia Benson to life. As the show continues to enjoy incredible success and a devoted fan base, Mariska has another special connection to SVU: It's where she met her husband of 22 years, Peter Hermann.
To look back at the 2026 Emmy Awards host and the actor's relationship, we need to start at the beginning. The two met in early 2002 on the set of Law & Order: SVU. The show was in its third season, and Peter was brought on to play a defense attorney in a guest-starring role.
During an appearance on The Drew Barrymore Show in January 2022, Mariska revealed she thought Peter was one of the best-looking men she'd ever seen.
"[I thought], 'Who is that Clark Gable, Superman guy that I need to marry today?'' she joked at the time. "I was nervous because I heard he was German and I didn't know what to do."
When Peter's time on SVU ended, he surprised Mariska by asking her on a date to a church service.

#mariska #thought
806hewcg
3 days ago
Private equity advisers are racing to leverage AI and automate the services they provide to fund managers and their investors. Law firms, such as Kirkland & Ellis, have been among the most active adopters.
The dominant name in private fund formation and sponsor-backed M&A, the firm rolled out its own AI platform in June, built with Palantir and designed to reshape the repetitive, boilerplate elements of fund formation work, such as drafting limited partnership agreements, closing investor commitments and conducting compliance.
Earlier this year, Kirkland reportedly earmarked $500 million to develop a proprietary AI tool over three to four years, no small sum even for a law firm that generated $10.6 billion in annual revenue last year.
Erica Berthou
Erica Berthou, a partner at Kirkland and a member of the firm's executive committee, recently spoke with PitchBook about how AI could reshape the practice of law—including how it will change the economics of legal work—and how the adoption of AI may affect practitioners, especially the young talent.

#kirkland #private
4mNKlTS
3 days ago
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Bank accounts are important financial tools that help protect your money and even allow you to earn interest. But depending on where you bank — and how you use your account — certain fees can chip away at your balance. From monthly maintenance charges to overdraft penalties, these costs can add up quickly if you're not paying attention.
Understanding the most common bank fees, why financial institutions charge them, and how to avoid them can help you keep more of your money.
Fees serve as added revenue for banks. If a bank charges a fee for account maintenance or an optional service, the institution can put those funds toward operational expenses and even generate additional income — at the customer's expense. After all, a bank is a business, and a business's goal is to earn money.
Recent data shows that banks have become increasingly dependent on fees over the years, especially those charged for overdrafts and non-sufficient funds (NSF). In fact, according to the Consumer Finance Protection Bureau (CFPB), NSF and overdraft fees account for about two-thirds of a typical bank's fee-based revenue.

#financial #Help
slowlyblinkbol
3 days ago
HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, said it has exceeded $1 million in daily revenue on Aug. 21.
The milestone combined income from Bitcoin mining and GPU cloud services for the first time at that level, according to preliminary, unaudited management estimates.
Since that date, the company has produced an average of approximately 12 Bitcoin per day, representing roughly 2% of global Bitcoin network production.
Its GPU cloud operations, run through wholly owned subsidiary BUZZ HPC, a sovereign AI cloud and high-performance computing provider, have generated approximately $100,000 in average daily revenue over the same period.
Related: Man declares bankruptcy with 34 cents while hiding millions

#Bitcoin #hive #daily #average
AwVFbVWaAnt
3 days ago
Solaris Energy Infrastructure, Inc. (NYSE:SEI), traditionally known as an oil and gas field services and solutions company, has been increasingly shifting toward the data center market. On September 8, the company provided an update to its guidance ranges, which suggests that this shift is working.
The company lifted its adjusted EBITDA guidance for the third and fourth quarters of 2026 and provided its initial outlook for the first quarter of 2027. The company said that the updated expectations reflect stronger contributions from its core power services business, along with better-than-expected performance from recently acquired businesses. Solaris Energy Infrastructure, Inc. (NYSE:SEI) now expects Q3 2026 adjusted EBITDA of $110 million to $130 million, up from its previous range of $90 million to $105 million. At the midpoint, that represents a 23% increase.
For Q4 2026, the company raised its guidance to $145 million to $180 million from $100 million to $120 million, a 48% increase at the midpoint. The company also provided initial Q1 2027 adjusted EBITDA guidance of $200 million to $240 million.
Investors responded positively to the update as the stock rallied following the announcement. Solaris Energy Infrastructure, Inc. (NYSE:SEI) has returned about 150% over the past 12 months. As of September 8, the stock was up more than 25% year to date, compared with a 12% gain for the S&P 500.
The guidance update follows the company's September 2 announcement of its acquisition of Omega Foundation Services, a leader in the specialized engineering, procurement and construction industry with expertise in heavy civil construction across several end markets, including large-scale data centers.

#energy #Services
ufzq7
3 days ago
Interested in Intuitive Surgical, Inc.? Here are five stocks we like better.
Global procedure growth remains intact despite a recent U.S. slowdown and Affordable Care Act-related uncertainty; Intuitive Surgical maintained its 13.5%–15.5% global procedure-growth outlook, expecting results near the midpoint.
Ambulatory surgery centers and international markets remain important expansion opportunities, with second-quarter system placements rising in the U.S. and abroad. However, China remains pressured by local competition and slower tenders, with improved visibility not expected until 2027.
Future growth could come from da Vinci 5 upgrades, Force Feedback instruments, new procedures and sites of care, and AI services such as Case Insights. The company also reported strong financial performance, including 21% revenue growth and operating and free-cash-flow margins above historical averages.
This AI ETF Is Missing the Biggest AI Winners

#affordable
qe_yhe_nameva_hiveri
3 days ago
LONDON, Sept 11 (Reuters) - Intelligence services must not dwell too much on past threats but accept that a new strategic shock along the lines of ‌the 9/11 attacks could already be in preparation where they are not looking, ‌the head of Britain's MI5 spy agency said.
In an opinion piece published on Friday to mark 25 years since al Qaeda militants crashed hijacked passenger jets into the World Trade Center in New York and the Pentagon, MI5's Director General Ken McCallum said security agencies had to be ready to adapt to current and future challenges.
"We know that the next strategic shock will, by definition, not ‌resemble the last one. That is perhaps ⁠the most important lesson of all," McCallum wrote in the commentary for the Independent newspaper.
"We must of course always learn from the last ⁠attack – but must beware of preparing brilliantly to fight yesterday's enemy, using yesterday's methods, against yesterday's target ... The uncomfortable truth is that the next strategic shock may already be taking shape somewhere we are not yet looking."
Al Qaeda, though diminished, remains a threat, as does the aspiration ‌of that group and other militants for mass casualty attacks, McCallum said.

#next

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