2 days ago
PORT HURON, Mich. (AP) — President Donald Trump intensified his anti-Muslim rhetoric against Michigan Senate candidate Abdul El-Sayed on Sunday, portraying him as a threat to national security and questioning his loyalty to the United States in remarks that drew a sharp rebuke from a former top Arab American ally.
Trump called El-Sayed, a former Detroit health official, a "jihadist" who was "on the side of the terrorists" and would "have to go through a metal detector before he's allowed to go into the Senate." He also repeatedly invoked the Sept. 11, 2001, terrorist attacks, drawing a comparison between stopping El-Sayed from entering the Senate chamber and the passengers who fought back against the hijackers aboard United Flight 93.
El-Sayed, who would become the nation's first Muslim senator if elected, has called attacks on his loyalty to the country "shameful" and repeatedly denied any ties to extremist groups. The Republican president's remarks were condemned by Bishara Bahbah, a founder of Arab Americans for Trump, the group that helped lead the president's outreach to Arab American voters in 2024.
"The president's statements are out of line," he said in a phone interview. "They are crossing a red line. They are racist."
With Republicans on the defensive over inflation, soaring fuel prices and the Iran war, the president has been trying to generate turnout by claiming that El-Sayed and other Democrats are existential threats to America, instead of electoral rivals. Michigan's Senate race between El-Sayed and Republican Mike Rogers is among a handful of contests that could determine control of the chamber.
#senate #Trump #muslim #united
Trump called El-Sayed, a former Detroit health official, a "jihadist" who was "on the side of the terrorists" and would "have to go through a metal detector before he's allowed to go into the Senate." He also repeatedly invoked the Sept. 11, 2001, terrorist attacks, drawing a comparison between stopping El-Sayed from entering the Senate chamber and the passengers who fought back against the hijackers aboard United Flight 93.
El-Sayed, who would become the nation's first Muslim senator if elected, has called attacks on his loyalty to the country "shameful" and repeatedly denied any ties to extremist groups. The Republican president's remarks were condemned by Bishara Bahbah, a founder of Arab Americans for Trump, the group that helped lead the president's outreach to Arab American voters in 2024.
"The president's statements are out of line," he said in a phone interview. "They are crossing a red line. They are racist."
With Republicans on the defensive over inflation, soaring fuel prices and the Iran war, the president has been trying to generate turnout by claiming that El-Sayed and other Democrats are existential threats to America, instead of electoral rivals. Michigan's Senate race between El-Sayed and Republican Mike Rogers is among a handful of contests that could determine control of the chamber.
#senate #Trump #muslim #united
21 days ago
Few eras have captivated pop culture quite like the 90s, a decade forever marked by its unforgettable girl crushes whose charm, talent, and trailblazing style continue to resonate with fans today. From chart-topping singers to silver screen icons, these women defined a generation and helped pave the way for many who followed. Dive in as we celebrate the dazzling stars whose presence on stage, screen, and red carpets made them the ultimate icons for fans everywhere.
Xavier Collin/Image Press Agency / MEGA
Mariah Carey's soaring vocals and unmistakable style set the tone for '90s pop music domination. Known for her powerhouse ballads and shimmering stage presence, she inspired millions by blending vulnerability with fierce confidence. Whether on the charts or dazzling at glamorous events, Carey remains a symbol of resilience and classic diva allure. She made history as the first artist to land a number one single on the Billboard Hot 100 every year for an entire decade, per Britannica.
KCS Presse / MEGA
Pamela Anderson, a celebrated television star and model, transformed the pop culture landscape with her iconic roles and boundary-pushing style. Her dynamic career and enduring activism prove she's more than a screen siren — she's a force for change and self-empowerment. After joining the cast of Baywatch, the show became the most-watched series with over 1.1 billion viewers weekly, according to IMDb.
#culture #icons
Xavier Collin/Image Press Agency / MEGA
Mariah Carey's soaring vocals and unmistakable style set the tone for '90s pop music domination. Known for her powerhouse ballads and shimmering stage presence, she inspired millions by blending vulnerability with fierce confidence. Whether on the charts or dazzling at glamorous events, Carey remains a symbol of resilience and classic diva allure. She made history as the first artist to land a number one single on the Billboard Hot 100 every year for an entire decade, per Britannica.
KCS Presse / MEGA
Pamela Anderson, a celebrated television star and model, transformed the pop culture landscape with her iconic roles and boundary-pushing style. Her dynamic career and enduring activism prove she's more than a screen siren — she's a force for change and self-empowerment. After joining the cast of Baywatch, the show became the most-watched series with over 1.1 billion viewers weekly, according to IMDb.
#culture #icons
21 days ago
By Ann Saphir
Oct 7 (Reuters) - The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.
The average 30-year fixed-rate mortgage surged 19 basis points to 7.49% in the week ended October 2, the Mortgage Bankers **** ociation said on Wednesday. It was last higher in November 2023.
Mortgage rates are tied closely to the yield on US 10-year Treasury notes, which earlier this week hit a 24-year high, driven by worries over inflationary pressures from soaring oil prices and data showing stronger US economic growth.
The cost of living is the top issue on Americans' minds as they decide how they will vote on November 3, a Reuters/Ipsos poll completed on Monday showed, and is one reason why Trump's approval rating is at a record low of 32%.
#week #rate
Oct 7 (Reuters) - The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections that will decide if President Donald Trump's Republicans keep control of Congress.
The average 30-year fixed-rate mortgage surged 19 basis points to 7.49% in the week ended October 2, the Mortgage Bankers **** ociation said on Wednesday. It was last higher in November 2023.
Mortgage rates are tied closely to the yield on US 10-year Treasury notes, which earlier this week hit a 24-year high, driven by worries over inflationary pressures from soaring oil prices and data showing stronger US economic growth.
The cost of living is the top issue on Americans' minds as they decide how they will vote on November 3, a Reuters/Ipsos poll completed on Monday showed, and is one reason why Trump's approval rating is at a record low of 32%.
#week #rate
22 days ago
Chrissy Teigen's kids looked completely done with the heat in a new family photo from their latest outing. The adorable snapshot showed the family enjoying fast food together. The kids seemed to be doing everything possible to escape the soaring temperatures.
Chrissy Teigen shared the photo on Instagram with the hilarious caption, "we are not a family built for heat." And judging by the kids' expressions and outfits, she may have a point.
The photo showed Teigen sitting with her children at an In-N-Out Burger joint. The kids gathered around a table filled with burgers, fries, and drinks. However, their clothing choices made the heat situation even more amusing.
One child wore a cozy light-colored sweatshirt, while another sported an orange sweatshirt. A third child also appeared bundled up in a sweatshirt. Their layered looks immediately caught fans' attention, especially considering the family's complaint about the weather.
Teigen's kids' heat moment quickly caught followers' attention. One commenter wrote, "Try heat without sweaters haha." Another joked, "The kids In the sweatshirts? Idk how kids can do that." Someone else offered a sweeter response, writing, "You're a family built for sharing JOY ~ !!!"
#teigen
Chrissy Teigen shared the photo on Instagram with the hilarious caption, "we are not a family built for heat." And judging by the kids' expressions and outfits, she may have a point.
The photo showed Teigen sitting with her children at an In-N-Out Burger joint. The kids gathered around a table filled with burgers, fries, and drinks. However, their clothing choices made the heat situation even more amusing.
One child wore a cozy light-colored sweatshirt, while another sported an orange sweatshirt. A third child also appeared bundled up in a sweatshirt. Their layered looks immediately caught fans' attention, especially considering the family's complaint about the weather.
Teigen's kids' heat moment quickly caught followers' attention. One commenter wrote, "Try heat without sweaters haha." Another joked, "The kids In the sweatshirts? Idk how kids can do that." Someone else offered a sweeter response, writing, "You're a family built for sharing JOY ~ !!!"
#teigen
22 days ago
Rising interest rates have the US on a collision course with the need to finally deal with its bloated debt pile, Goldman Sachs warns.
"Persistently higher rates would boost interest expense as a share of GDP — a key gauge of the cash outflows needed to service the debt — and push the debt-to-GDP ratio up to 132% by 2035, 10 percentage points above our baseline, raising the odds that deficit reduction becomes necessary sooner to stabilize the debt," Goldman Sachs strategist Pierfrancesco Mei wrote in a new note on Tuesday.
US Treasury yields have climbed aggressively this year, effectively pushing up the country's debt servicing costs. The benchmark 10-year Treasury yield (^TNX) has surged more than 115 basis points, from around 4.10% late last year to a 24-year high of around 5.28% at present.
Read more: How soaring Treasury yields could hit your finances
This sustained sell-off across the bond market has been fueled by inflation brought on by the US war on Iran, which prompted the Federal Reserve to hike interest rates last month. The economy's resilience in the face of pricing pressures has also contributed to the sell-off.
#points #yields
"Persistently higher rates would boost interest expense as a share of GDP — a key gauge of the cash outflows needed to service the debt — and push the debt-to-GDP ratio up to 132% by 2035, 10 percentage points above our baseline, raising the odds that deficit reduction becomes necessary sooner to stabilize the debt," Goldman Sachs strategist Pierfrancesco Mei wrote in a new note on Tuesday.
US Treasury yields have climbed aggressively this year, effectively pushing up the country's debt servicing costs. The benchmark 10-year Treasury yield (^TNX) has surged more than 115 basis points, from around 4.10% late last year to a 24-year high of around 5.28% at present.
Read more: How soaring Treasury yields could hit your finances
This sustained sell-off across the bond market has been fueled by inflation brought on by the US war on Iran, which prompted the Federal Reserve to hike interest rates last month. The economy's resilience in the face of pricing pressures has also contributed to the sell-off.
#points #yields
26 days ago
US bond yields have surged upward over the past month, as yields on both the 10-year Treasury (^TNX) and 30-year Treasury (^TYX) have reached levels not seen since 2002, surpassing 2007 high-water marks in the lead-up to the financial crisis.
Investors have attributed the run-up in yields to a variety of concerns, from the artificial intelligence build-out and the competition for capital to changing foreign ownership of gold versus fixed income.
Read more: How soaring Treasury yields could hit your finances
One overlooked source of upward pressure, argued Macquarie's Thierry Wizman, is not just the impact of the Iran war on the energy market but uncertainty about when the war will end or what the conflict will look like going forward.
"The perception that global conflict is endemic may also be causing long-term inflation expectation[s] to stay elevated," Wizman wrote to clients.
#conflict
Investors have attributed the run-up in yields to a variety of concerns, from the artificial intelligence build-out and the competition for capital to changing foreign ownership of gold versus fixed income.
Read more: How soaring Treasury yields could hit your finances
One overlooked source of upward pressure, argued Macquarie's Thierry Wizman, is not just the impact of the Iran war on the energy market but uncertainty about when the war will end or what the conflict will look like going forward.
"The perception that global conflict is endemic may also be causing long-term inflation expectation[s] to stay elevated," Wizman wrote to clients.
#conflict
1 month ago
Bloom Energy Corporation (NYSE:BE) garnered significant investor attention after it unveiled a new 800V DC-native fuel-cell power architecture on September 16, designed to supply continuous direct current to the next generation of AI data centers.
These solid-oxide fuel cells can generate continuous 800V DC power natively, rather than producing AC power that then has to be converted into DC that AI computing equipment ultimately consumes. This potentially removes several conversion stages, such as transformers and switchgear, thus lowering capital cost and energy losses.
Bloom claims that its technology can cut non-compute capital expenditures for a 1 GW data center by $3.6 billion, or 27%, and lower five-year total cost of ownership by $5.5 billion, or 9%, compared to traditional AC-based infrastructure.
With this technology, Bloom Energy is targeting one of the biggest bottlenecks in the ongoing AI boom – securing large amounts of reliable power quickly and economically. If 800V DC becomes widely adopted across AI data centers, the company will benefit not only from the soaring power demand, but also from a broader shift in how that power is generated and delivered.
Bloom Energy pointed to Nvidia's planned adoption of 800V DC architecture beginning with Rubin Ultra and Kyber systems as an indication of where data center power infrastructure is heading. In its 2026 Mid-Year Data Center Power Report, Bloom claimed that data center leaders expect DC-based architectures to account for 58% of new deployments by 2030, potentially creating a significant market for technologies designed around direct-current power delivery.
#energy #architecture
These solid-oxide fuel cells can generate continuous 800V DC power natively, rather than producing AC power that then has to be converted into DC that AI computing equipment ultimately consumes. This potentially removes several conversion stages, such as transformers and switchgear, thus lowering capital cost and energy losses.
Bloom claims that its technology can cut non-compute capital expenditures for a 1 GW data center by $3.6 billion, or 27%, and lower five-year total cost of ownership by $5.5 billion, or 9%, compared to traditional AC-based infrastructure.
With this technology, Bloom Energy is targeting one of the biggest bottlenecks in the ongoing AI boom – securing large amounts of reliable power quickly and economically. If 800V DC becomes widely adopted across AI data centers, the company will benefit not only from the soaring power demand, but also from a broader shift in how that power is generated and delivered.
Bloom Energy pointed to Nvidia's planned adoption of 800V DC architecture beginning with Rubin Ultra and Kyber systems as an indication of where data center power infrastructure is heading. In its 2026 Mid-Year Data Center Power Report, Bloom claimed that data center leaders expect DC-based architectures to account for 58% of new deployments by 2030, potentially creating a significant market for technologies designed around direct-current power delivery.
#energy #architecture
1 month ago
Shell plc (NYSE:SHEL) is a global group of energy and petrochemical companies with a presence in over 70 countries. The stock has delivered gains of over 23% since the beginning of 2026 and even hit its all-time high earlier in March, driven primarily by soaring oil prices and solid earnings amid supply disruptions in the Middle East.
Following a slight pullback over the last few months, Shell has started to regain momentum, and Morgan Stanley expects the rally to continue. On September 3, the investment bank upgraded SHEL from 'Equal Weight' to 'Overweight', while also raising its price target from $81.60 to $101.30. The target boost implies an upside of 9% from the current levels and even exceeds Shell's previous record high of almost $95 per share achieved earlier this year.
Morgan Stanley noted that the concerns surrounding Shell's long-term resource longevity have now eased, with the company now positioned to sustain production growth through 2030 and stabilize output thereafter. The ******* yst firm believes that while the stock has been weighed down due to its dividend policy, there is now "potential for a significant acceleration. As a result, Morgan Stanley promoted SHEL to top-pick status.
Shell completed the acquisition of ARC Resources earlier this month, addressing the resource-depletion concerns that have weighed down its valuation. The $16.4 billion deal has significantly expanded the energy giant's gas reserves and will boost its production by 370,000 boed. Additionally, the strategic move expands Shell's exposure to the North American gas market and bolsters its position in a region that is emerging as a key player in the global LNG supply.
Shell's recent upstream investments provide further support to Morgan Stanley's bullish thesis. The company announced earlier this month that it had agreed to acquire a 30% interest in BP's Conifer exploration prospect in the US Gulf, and a 50% stake in the Tupinamba exploration block in Brazil's Santos Basin. Additionally, it also recently signed a preliminary agreement for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points oil and gas block.
#shel #production #energy #Stock
Following a slight pullback over the last few months, Shell has started to regain momentum, and Morgan Stanley expects the rally to continue. On September 3, the investment bank upgraded SHEL from 'Equal Weight' to 'Overweight', while also raising its price target from $81.60 to $101.30. The target boost implies an upside of 9% from the current levels and even exceeds Shell's previous record high of almost $95 per share achieved earlier this year.
Morgan Stanley noted that the concerns surrounding Shell's long-term resource longevity have now eased, with the company now positioned to sustain production growth through 2030 and stabilize output thereafter. The ******* yst firm believes that while the stock has been weighed down due to its dividend policy, there is now "potential for a significant acceleration. As a result, Morgan Stanley promoted SHEL to top-pick status.
Shell completed the acquisition of ARC Resources earlier this month, addressing the resource-depletion concerns that have weighed down its valuation. The $16.4 billion deal has significantly expanded the energy giant's gas reserves and will boost its production by 370,000 boed. Additionally, the strategic move expands Shell's exposure to the North American gas market and bolsters its position in a region that is emerging as a key player in the global LNG supply.
Shell's recent upstream investments provide further support to Morgan Stanley's bullish thesis. The company announced earlier this month that it had agreed to acquire a 30% interest in BP's Conifer exploration prospect in the US Gulf, and a 50% stake in the Tupinamba exploration block in Brazil's Santos Basin. Additionally, it also recently signed a preliminary agreement for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points oil and gas block.
#shel #production #energy #Stock
1 month ago
Updated Sept. 17, 2026 4:53 pm ET
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The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
1 month ago
Updated on: September 17, 2026 / 11:45 PM EDT / CBS News
Matt Bell, 52, has been farming for more than half his life in central North Carolina. He grows soybeans, corn and wheat and raises beef cattle on more than 1,000 acres. But Bell, who voted for President Trump, says soaring prices for fuel, fertilizer, and equipment are hurting his farm and leading some of his fellow farmers to consider calling it quits once this growing season ends.
"I've done this 34 years. I have never worried and stressed like I have the last year," Bell told CBS News in an interview on Wednesday at his farm in Kings Mountain, North Carolina.
Bell has been forced to make significant changes to his operation as a result of the high costs. He's shifting some of his acreage, trying to stretch out the lifespan of his equipment and producing his own fertilizer. His children have also opened up a storefront where visitors can pick pumpkins and take hayrides in the fall. But Bell is still feeling the pinch.
"We've cut everything we can cut," he said. "The last several years in agriculture have been terrible, and we have, you know, just cut the fat anywhere we could. But we're just getting to the point now there's nothing left to cut. You cannot run without fuel. You cannot run without fertilizer. You have to have that."
#bell #fertilizer #fuel #years
Matt Bell, 52, has been farming for more than half his life in central North Carolina. He grows soybeans, corn and wheat and raises beef cattle on more than 1,000 acres. But Bell, who voted for President Trump, says soaring prices for fuel, fertilizer, and equipment are hurting his farm and leading some of his fellow farmers to consider calling it quits once this growing season ends.
"I've done this 34 years. I have never worried and stressed like I have the last year," Bell told CBS News in an interview on Wednesday at his farm in Kings Mountain, North Carolina.
Bell has been forced to make significant changes to his operation as a result of the high costs. He's shifting some of his acreage, trying to stretch out the lifespan of his equipment and producing his own fertilizer. His children have also opened up a storefront where visitors can pick pumpkins and take hayrides in the fall. But Bell is still feeling the pinch.
"We've cut everything we can cut," he said. "The last several years in agriculture have been terrible, and we have, you know, just cut the fat anywhere we could. But we're just getting to the point now there's nothing left to cut. You cannot run without fuel. You cannot run without fertilizer. You have to have that."
#bell #fertilizer #fuel #years
1 month ago
Monthly car payments continue to hit record levels for both new and used cars.
The overall cost of car ownership remains elevated due to steep insurance and car maintenance prices in addition to the cost of a loan.
Good credit scores are key to qualifying for the best auto loan rates and driving away with a competitive monthly payment.
New car prices remain steep, with monthly payments for new cars soaring to the highest levels ever recorded. Amid this environment, buyers are taking on increasingly larger loans to make vehicle purchases, and some are also stretching repayment over a longer timeline — in some cases, up to seven years.
Whether you have poor credit or are looking to refinance your current loan, it's important to understand typical monthly payments and rates so you can feel confident that you are getting the best deal. While auto loan rates in 2026 are projected to lower slightly, it won't be enough to put a serious dent in the many factors that are driving up the cost of car ownership, including continued high cost of auto insurance and maintenance expenses.
#payments #rates #levels #ownership
The overall cost of car ownership remains elevated due to steep insurance and car maintenance prices in addition to the cost of a loan.
Good credit scores are key to qualifying for the best auto loan rates and driving away with a competitive monthly payment.
New car prices remain steep, with monthly payments for new cars soaring to the highest levels ever recorded. Amid this environment, buyers are taking on increasingly larger loans to make vehicle purchases, and some are also stretching repayment over a longer timeline — in some cases, up to seven years.
Whether you have poor credit or are looking to refinance your current loan, it's important to understand typical monthly payments and rates so you can feel confident that you are getting the best deal. While auto loan rates in 2026 are projected to lower slightly, it won't be enough to put a serious dent in the many factors that are driving up the cost of car ownership, including continued high cost of auto insurance and maintenance expenses.
#payments #rates #levels #ownership
1 month ago
Dow Jones futures rose modestly early Wednesday, along with S&P 500 futures and Nasdaq futures. The Federal Reserve is expected to raise interest rates amid soaring oil prices and Treasury yields.
The stock market saw further losses Tuesday with the Nasdaq and S&P 500 dropping below their 50-day moving averages. The 10-year Treasury yield is at 5% while crude oil prices jumped amid global conflicts.
Salesforce (CRM) fell slightly amid its annual Dreamforce conference but is still near entries. ServiceNow (NOW) rose within a buy zone while Twilio (TWLO) and Dynatrace (DT) reclaimed buy points. Cybersecurity plays Qualys (QLYS), Fortinet (FTNT) and Palo Alto Networks (PANW) flashed buy signals.
Outside of software, Energy play APA Corp. (APA) and Guardant Health (GH) are actionable.
Guardant Health and Twilio are on Leaderboard. Twilio stock, Salesforce and Guardant are on SwingTrader. Salesforce stock is on the IBD 50. Fortinet stock, Salesforce and Dynatrace are on the IBD Big Cap 20.
#Stock #futures
The stock market saw further losses Tuesday with the Nasdaq and S&P 500 dropping below their 50-day moving averages. The 10-year Treasury yield is at 5% while crude oil prices jumped amid global conflicts.
Salesforce (CRM) fell slightly amid its annual Dreamforce conference but is still near entries. ServiceNow (NOW) rose within a buy zone while Twilio (TWLO) and Dynatrace (DT) reclaimed buy points. Cybersecurity plays Qualys (QLYS), Fortinet (FTNT) and Palo Alto Networks (PANW) flashed buy signals.
Outside of software, Energy play APA Corp. (APA) and Guardant Health (GH) are actionable.
Guardant Health and Twilio are on Leaderboard. Twilio stock, Salesforce and Guardant are on SwingTrader. Salesforce stock is on the IBD 50. Fortinet stock, Salesforce and Dynatrace are on the IBD Big Cap 20.
#Stock #futures
1 month ago
KYIV, Ukraine (AP) — U.S. President Donald Trump on Sunday called on Ukrainian President Volodymyr Zelenskyy to halt strikes on Russian oil refineries and other infrastructure used to produce and distribute diesel, saying the attacks are causing a global shortage. He spoke after diesel prices in the U.S. hit a record on Friday, soaring past $6 a gallon on average.
Ukraine has for months been targeting Russia's oil and gas industry with long-range strikes, prompting fuel rationing across the country and causing Moscow to ban diesel exports in July, removing supplies from the already tight global market.
But the global crunch also came after the war on Iran curtailed oil shipments through the Strait of Hormuz.
Fuel prices are weighing on Americans as they prepare to vote in midterm elections in November.
Trump was asked by a reporter if he had spoken with Zelenskyy following his recent conversation with Russia's Vladimir Putin. He responded by calling on Zelenskyy to halt strikes against Russia.
#zelenskyy #global #Trump
Ukraine has for months been targeting Russia's oil and gas industry with long-range strikes, prompting fuel rationing across the country and causing Moscow to ban diesel exports in July, removing supplies from the already tight global market.
But the global crunch also came after the war on Iran curtailed oil shipments through the Strait of Hormuz.
Fuel prices are weighing on Americans as they prepare to vote in midterm elections in November.
Trump was asked by a reporter if he had spoken with Zelenskyy following his recent conversation with Russia's Vladimir Putin. He responded by calling on Zelenskyy to halt strikes against Russia.
#zelenskyy #global #Trump
1 month ago
Howmet Aerospace Inc. (NYSE:HWM) is facing a mixed outlook after GE Aerospace agreed to acquire Consolidated Precision Products (CPP) for about $11.75 billion to secure more control over critical engine castings and expand production capacity. The announcement initially hit Howmet shares, which fell about 10%, as investors worried that GE could eventually rely less on outside suppliers such as Howmet.
However, Howmet CEO John Plant said he is comfortable with the deal and remains confident in Howmet's ability to grow. The bigger issue for Howmet right now appears to be how quickly it can expand capacity to keep up with soaring demand. Commercial aircraft production, defense activity and aftermarket demand are all increasing, while Howmet is also benefiting from demand for turbine components used in data centers. Plant said the scale of the required capital expansion is itself "testing" the company.
The strongest bullish argument for Howmet Aerospace Inc. (NYSE:HWM) is that GE's decision to spend nearly $12 billion on CPP validates how strategically valuable aerospace castings and engine components have become. The acquisition is aimed at addressing a supply bottleneck rather than signaling weak demand. GE expects airfoil demand to rise by more than 30% through 2030, while aircraft manufacturers and defense customers continue to push production higher. That creates a favorable industry backdrop for Howmet as well.
Howmet also has an opportunity to benefit from customers looking for additional capacity outside GE's newly integrated supply chain. If demand continues to exceed available casting capacity, Howmet's existing manufacturing footprint and expertise could give it significant pricing power and support further investment. Plant's comments that the company is being "tested" by the sheer scale of expansion suggest that Howmet is dealing with a capacity problem caused by strong demand, rather than a lack of orders.
Another positive is that Howmet Aerospace Inc. (NYSE:HWM)'s exposure extends beyond commercial aircraft. Its blades and vanes are also used in gas turbines serving the rapidly expanding data-center market, providing another avenue for growth alongside aerospace. Plant has also indicated that the company intends to revisit its longer-term revenue targets, after previously saying revenue could potentially double from 2025 levels within three to five years.
#commercial
However, Howmet CEO John Plant said he is comfortable with the deal and remains confident in Howmet's ability to grow. The bigger issue for Howmet right now appears to be how quickly it can expand capacity to keep up with soaring demand. Commercial aircraft production, defense activity and aftermarket demand are all increasing, while Howmet is also benefiting from demand for turbine components used in data centers. Plant said the scale of the required capital expansion is itself "testing" the company.
The strongest bullish argument for Howmet Aerospace Inc. (NYSE:HWM) is that GE's decision to spend nearly $12 billion on CPP validates how strategically valuable aerospace castings and engine components have become. The acquisition is aimed at addressing a supply bottleneck rather than signaling weak demand. GE expects airfoil demand to rise by more than 30% through 2030, while aircraft manufacturers and defense customers continue to push production higher. That creates a favorable industry backdrop for Howmet as well.
Howmet also has an opportunity to benefit from customers looking for additional capacity outside GE's newly integrated supply chain. If demand continues to exceed available casting capacity, Howmet's existing manufacturing footprint and expertise could give it significant pricing power and support further investment. Plant's comments that the company is being "tested" by the sheer scale of expansion suggest that Howmet is dealing with a capacity problem caused by strong demand, rather than a lack of orders.
Another positive is that Howmet Aerospace Inc. (NYSE:HWM)'s exposure extends beyond commercial aircraft. Its blades and vanes are also used in gas turbines serving the rapidly expanding data-center market, providing another avenue for growth alongside aerospace. Plant has also indicated that the company intends to revisit its longer-term revenue targets, after previously saying revenue could potentially double from 2025 levels within three to five years.
#commercial
2 months ago
The S&P 500 Index ($SPX) (SPY) closed down -0.58% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. E-mini S&P futures (ESU26) fell -0.61%, and September E-mini Nasdaq futures (NQU26) fell -1.07%.
Stock indexes settled lower on Thursday, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices pushed global bond yields sharply higher on Thursday, weighing on stocks. WTI crude oil surged more than +6% on Thursday to a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield jumped to a 19-year high today of 5.38%, the 10-year German Bund yield surged to a 17-year high of 3.51%, and the 10-year T-note yield rose to a 2.75-year high of 4.96%.
Why It's Time to Load Up on Intel Stock
Nvidia CEO Jensen Huang Just Called CrowdStrike Its Top Security Partner. How to Play CRWD Stock Here.
Google Plans to Build Mammoth Solar Farm on an Abandoned Coal Mine. This Penny Stock Just Won the Deal.
#thursday #Stock
Stock indexes settled lower on Thursday, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices pushed global bond yields sharply higher on Thursday, weighing on stocks. WTI crude oil surged more than +6% on Thursday to a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield jumped to a 19-year high today of 5.38%, the 10-year German Bund yield surged to a 17-year high of 3.51%, and the 10-year T-note yield rose to a 2.75-year high of 4.96%.
Why It's Time to Load Up on Intel Stock
Nvidia CEO Jensen Huang Just Called CrowdStrike Its Top Security Partner. How to Play CRWD Stock Here.
Google Plans to Build Mammoth Solar Farm on an Abandoned Coal Mine. This Penny Stock Just Won the Deal.
#thursday #Stock
2 months ago
October Nymex natural gas (NGV26) on Thursday closed up +0.012 (+0.43%).
Nat-gas prices rebounded from a 2-week low on Thursday and settled higher. Short covering emerged in nat-gas on Thursday, supported by carryover from a rally in European nat-gas prices to a 3.75-year high. European nat-gas is soaring as sharply reduced supplies from the Middle East due to the closure of the Strait of Hormuz from the US-Iran war may boost European demand for US gas supplies. European nat-gas storage levels are well below normal, a bullish factor ahead of winter, when demand typically surges.
Crude Oil Prices Soar on Escalation of Middle East Hostilities
Crude Oil Prices Soar on Fears US-Iran War to Persist
Nat-Gas Prices Sink on the Outlook for Weaker US Demand
#thursday #Iran
Nat-gas prices rebounded from a 2-week low on Thursday and settled higher. Short covering emerged in nat-gas on Thursday, supported by carryover from a rally in European nat-gas prices to a 3.75-year high. European nat-gas is soaring as sharply reduced supplies from the Middle East due to the closure of the Strait of Hormuz from the US-Iran war may boost European demand for US gas supplies. European nat-gas storage levels are well below normal, a bullish factor ahead of winter, when demand typically surges.
Crude Oil Prices Soar on Escalation of Middle East Hostilities
Crude Oil Prices Soar on Fears US-Iran War to Persist
Nat-Gas Prices Sink on the Outlook for Weaker US Demand
#thursday #Iran
2 months ago
The S&P 500 Index ($SPX) (SPY) is down -0.54% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.96%. E-mini S&P futures (ESU26) are down -0.50%, and September E-mini Nasdaq futures (NQU26) are down -0.93%.
Stock indexes are falling today, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices are pushing global bond yields higher today, weighing on stocks. WTI crude oil is up more than +3% today at a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield rose to a 19-year high today of 5.34%, the 10-year German Bund yield climbed to a 15-year high of 3.49%, and the 10-year T-note yield rose to a 2.75-year high of 4.92%.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#index
Stock indexes are falling today, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices are pushing global bond yields higher today, weighing on stocks. WTI crude oil is up more than +3% today at a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield rose to a 19-year high today of 5.34%, the 10-year German Bund yield climbed to a 15-year high of 3.49%, and the 10-year T-note yield rose to a 2.75-year high of 4.92%.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#index
2 months ago
The U.S. dollar remains flat amid higher treasury yields driven by soaring energy costs. With Brent crude topping $100, worries of inflation across the globe are coming back, with the U.S. 10-year yield climbing to a 2023 high. That said, the dollar has remained unchanged, demonstrating lack of interest from investors to add long positions before the release of the upcoming US inflation data and next week's FOMC meeting.
The U.S. data on tap to influence markets is the Producer Price Index (PPI) today and Consumer Price Index (CPI) on Friday. The market currently puts odds at around 60% that the Fed may hike at its next meeting on Wednesday, following strong labor market data and increased energy shock. The energy crisis may also bring inflation concerns to investors, while the data may be weaker and may even lead market ****** ysts to turn less hawkish.
The euro zone also remains front and center. The ECB is going to hike rates by 25 bps today and mail the deposit rate at 2.50%. The consensus in the market is that the ECB will not hike again this year. Euro zone inflation was at 3.3% in August, and pressure on energy prices is building, with Deutsche Bank calling for a December rate hike.
Sterling remains subdued. The Bank of England is more cautious than its peers. There is a high consensus in the market that the BoE will hold rates on September 17. 57 of the economists polled in the REUTERS survey expect the BoE to hold for the remainder of the year. Energy concerns are high, and wage and price inflation are still muted.
As indicated in the chart, tightening by the ECB contrasts with the Fed's data dependency and the BoE's wait-and-see approach.
#energy #inflation #hike #remains
The U.S. data on tap to influence markets is the Producer Price Index (PPI) today and Consumer Price Index (CPI) on Friday. The market currently puts odds at around 60% that the Fed may hike at its next meeting on Wednesday, following strong labor market data and increased energy shock. The energy crisis may also bring inflation concerns to investors, while the data may be weaker and may even lead market ****** ysts to turn less hawkish.
The euro zone also remains front and center. The ECB is going to hike rates by 25 bps today and mail the deposit rate at 2.50%. The consensus in the market is that the ECB will not hike again this year. Euro zone inflation was at 3.3% in August, and pressure on energy prices is building, with Deutsche Bank calling for a December rate hike.
Sterling remains subdued. The Bank of England is more cautious than its peers. There is a high consensus in the market that the BoE will hold rates on September 17. 57 of the economists polled in the REUTERS survey expect the BoE to hold for the remainder of the year. Energy concerns are high, and wage and price inflation are still muted.
As indicated in the chart, tightening by the ECB contrasts with the Fed's data dependency and the BoE's wait-and-see approach.
#energy #inflation #hike #remains
2 months ago
October WTI crude oil (CLV26) closed up +3.02 (+3.25%) on Wednesday, and October RBOB gasoline (RBV26) closed down -0.0419 (-1.29%).
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil climbing to a 3.25-month high. Crude prices are soaring amid concerns that escalating attacks across the Middle East will further disrupt global oil supplies.
Crude Oil Prices Rise as Global Supplies Tighten
Abundant US Nat-Gas Supplies Pressure Prices
Crude Oil Prices Soar on Escalation of Middle East Hostilities
#october #middle
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil climbing to a 3.25-month high. Crude prices are soaring amid concerns that escalating attacks across the Middle East will further disrupt global oil supplies.
Crude Oil Prices Rise as Global Supplies Tighten
Abundant US Nat-Gas Supplies Pressure Prices
Crude Oil Prices Soar on Escalation of Middle East Hostilities
#october #middle
2 months ago
More than a dozen states have begun distributing millions of free eggs across local food banks following a settlement with three major producers over alleged collusion, but legal experts say this "unusual" remedy faces a logistical hurdle of making sure those eggs reach the American people.
"There are huge administrative problems with making sure that a settlement of this nature goes according to plan," Katherine Speegle, an antitrust lawyer and partner at Duane Morris, told Fortune.
In June, the U.S. Justice Department and 17 states settled a lawsuit alleging three major egg producers—Cal-Maine Foods, Versova, and Hickman's Egg Ranch—illegally colluded to inflate the price of eggs, which reached record heights last year. The complaint claimed the companies coordinated on bids submitted to Urner Barry Publications, which runs an index key that reports prices for grocery stores and restaurants.
Soaring egg prices became a key metric for how American consumers have experienced five years of above-trend inflation — with this case raising the prospect of collusive behavior on the egg front. None of the producers admitted to wrongdoing and maintained they acted legally.
"When powerful corporations collude behind the scenes to raise prices, working families suffer the costs," New York Attorney General Letitia James, who helped lead the investigation, said in a statement at the time. "These egg producers manipulated the market to squeeze even more profit out of consumers and businesses."
#states
"There are huge administrative problems with making sure that a settlement of this nature goes according to plan," Katherine Speegle, an antitrust lawyer and partner at Duane Morris, told Fortune.
In June, the U.S. Justice Department and 17 states settled a lawsuit alleging three major egg producers—Cal-Maine Foods, Versova, and Hickman's Egg Ranch—illegally colluded to inflate the price of eggs, which reached record heights last year. The complaint claimed the companies coordinated on bids submitted to Urner Barry Publications, which runs an index key that reports prices for grocery stores and restaurants.
Soaring egg prices became a key metric for how American consumers have experienced five years of above-trend inflation — with this case raising the prospect of collusive behavior on the egg front. None of the producers admitted to wrongdoing and maintained they acted legally.
"When powerful corporations collude behind the scenes to raise prices, working families suffer the costs," New York Attorney General Letitia James, who helped lead the investigation, said in a statement at the time. "These egg producers manipulated the market to squeeze even more profit out of consumers and businesses."
#states
2 months ago
During a segment on the September 3 episode, Mad Money host Jim Cramer shared a detailed bullish thesis on Amazon.com, Inc. (NASDAQ:AMZN). He stated:
Let's start with Amazon. Ever since we went out to see Amazon earlier this year, I've been stuck on something that CEO Andy Jassy told me. He said they're going to make an immense amount of money in artificial intelligence. They were going to profit from their gigantic commitment to data centers and next year will be huge for the compute sales. Well, I think it's being pulled forward. I think it may already be huge right now. I also remember Andy talking about the $50 billion semiconductor business that's buried in the company. I like the healthcare initiatives... Amazon Web Services is doing incredibly well. Their grocery delivery business, wow...
Alright, what can I say? All this for a stock that's up just 12% for the year; that's wrong. Amazon's balance sheet isn't as good as it was a year ago; enough already. What if Amazon Web Services is able to make four times what it just paid for 2 million GPUs from NVIDIA? That ratio, by the way, is what NVIDIA CEO Jensen Huang told me companies can expect to get when they buy NVIDIA chips. That makes me think that Amazon is cheap. We've all kind of forgotten that there's a reason why a smart executive like Andy Jassy is willing to wreck Amazon's balance sheet like the old days. It's because they're going to make fortunes with the money they spend. And we are getting closer and closer to seeing huge profits for investments that the Street has hated. You can't wait until next year to buy the stock of Amazon. And that's why it is a screaming buy with the stock trading at about 20 times this year's earnings. That's wrong.
Amazon Web Services remains the primary profit engine for the company. In the second quarter, AWS revenue surged 37% year over year to reach $42.2 billion, putting its annual run rate at roughly $169 billion. Operating income for the cloud unit jumped to $16.6 billion. Companies shifting their operations to handle AI and heavy workloads are turning those massive data center investments into high-margin profits. Aside from basic cloud hosting, Amazon.com, Inc. (NASDAQ:AMZN) is leaning into its own custom chips, like Trainium and Graviton, and growing adoption of the Bedrock platform to keep its revenue streams strong and diversified.
Not everyone on Wall Street shares Cramer's enthusiasm, as it could be pointed out that Amazon.com, Inc.'s (NASDAQ:AMZN) balance sheet is noticeably weaker than it was a year ago as its long-term debt increased from nearly $66 billion at the end of 2025 to nearly $129 billion by mid-2026. Heavy capital commitments and soaring data center expenses, with full-year capital expenditure guidance climbing around $220 billion, have strained cash flow flexibility. Investors could be worried that the company is spending too aggressively. If enterprise demand for artificial intelligence tools slows down or if the massi
Let's start with Amazon. Ever since we went out to see Amazon earlier this year, I've been stuck on something that CEO Andy Jassy told me. He said they're going to make an immense amount of money in artificial intelligence. They were going to profit from their gigantic commitment to data centers and next year will be huge for the compute sales. Well, I think it's being pulled forward. I think it may already be huge right now. I also remember Andy talking about the $50 billion semiconductor business that's buried in the company. I like the healthcare initiatives... Amazon Web Services is doing incredibly well. Their grocery delivery business, wow...
Alright, what can I say? All this for a stock that's up just 12% for the year; that's wrong. Amazon's balance sheet isn't as good as it was a year ago; enough already. What if Amazon Web Services is able to make four times what it just paid for 2 million GPUs from NVIDIA? That ratio, by the way, is what NVIDIA CEO Jensen Huang told me companies can expect to get when they buy NVIDIA chips. That makes me think that Amazon is cheap. We've all kind of forgotten that there's a reason why a smart executive like Andy Jassy is willing to wreck Amazon's balance sheet like the old days. It's because they're going to make fortunes with the money they spend. And we are getting closer and closer to seeing huge profits for investments that the Street has hated. You can't wait until next year to buy the stock of Amazon. And that's why it is a screaming buy with the stock trading at about 20 times this year's earnings. That's wrong.
Amazon Web Services remains the primary profit engine for the company. In the second quarter, AWS revenue surged 37% year over year to reach $42.2 billion, putting its annual run rate at roughly $169 billion. Operating income for the cloud unit jumped to $16.6 billion. Companies shifting their operations to handle AI and heavy workloads are turning those massive data center investments into high-margin profits. Aside from basic cloud hosting, Amazon.com, Inc. (NASDAQ:AMZN) is leaning into its own custom chips, like Trainium and Graviton, and growing adoption of the Bedrock platform to keep its revenue streams strong and diversified.
Not everyone on Wall Street shares Cramer's enthusiasm, as it could be pointed out that Amazon.com, Inc.'s (NASDAQ:AMZN) balance sheet is noticeably weaker than it was a year ago as its long-term debt increased from nearly $66 billion at the end of 2025 to nearly $129 billion by mid-2026. Heavy capital commitments and soaring data center expenses, with full-year capital expenditure guidance climbing around $220 billion, have strained cash flow flexibility. Investors could be worried that the company is spending too aggressively. If enterprise demand for artificial intelligence tools slows down or if the massi
2 months ago
Nvidia (NASDAQ: NVDA) has been the artificial intelligence (AI) chip company leading this technology revolution so far. This is for two reasons: The company got in on the ******* e early, and its commitment to innovation has kept it in the top spot. And investors, excited about Nvidia's soaring earnings, have piled into the stock, seen as a no-brainer AI winner.
These days, however, Nvidia isn't the only chip company positioned to benefit from the AI market, one on track to reach into the trillions of dollars. In fact, another player is making significant progress, and this player is Advanced Micro Devices (NASDAQ: AMD).
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 »
Over time, AMD has become a leader in central processing units (CPUs), the chips that power computers, but in recent quarters, the company is proving its strength in AI chips too -- and investors have recognized it. So far this year, AMD stock is outperforming Nvidia. Now, my prediction is AMD stock could outrun Nvidia over the next three years -- here's the bull case.
So, first, a bit of background. As mentioned, Nvidia entered this market early and began tailoring its graphics processing units (GPUs) to suit AI about a decade ago. Over the past few years, revenue has taken a tremendous leap as sales of AI chip systems soared. For example, in the second quarter three years ago, revenue came in at $13 billion -- in the recently completed second quarter, that number reached $96 billion.
#Stock #NASDAQ
These days, however, Nvidia isn't the only chip company positioned to benefit from the AI market, one on track to reach into the trillions of dollars. In fact, another player is making significant progress, and this player is Advanced Micro Devices (NASDAQ: AMD).
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 »
Over time, AMD has become a leader in central processing units (CPUs), the chips that power computers, but in recent quarters, the company is proving its strength in AI chips too -- and investors have recognized it. So far this year, AMD stock is outperforming Nvidia. Now, my prediction is AMD stock could outrun Nvidia over the next three years -- here's the bull case.
So, first, a bit of background. As mentioned, Nvidia entered this market early and began tailoring its graphics processing units (GPUs) to suit AI about a decade ago. Over the past few years, revenue has taken a tremendous leap as sales of AI chip systems soared. For example, in the second quarter three years ago, revenue came in at $13 billion -- in the recently completed second quarter, that number reached $96 billion.
#Stock #NASDAQ
0.00$ raised of 0.00$ goal
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0.00$
to go
2 months 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
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
2 months ago
September has a bit of a bad rep on Wall Street. The ninth month of the year has historically delivered negative or weaker returns with such consistency that it has even been dubbed "The September Effect."
It's a market anomaly -- an unusual pattern -- but this year it is compounded with real market uncertainty. Among investor concerns: sticky inflation, rising energy prices, hawkish signals from bankers, high yields on U.S. Treasury bonds, a trade war between the U.S. and Canada, an actual war between U.S. and Iran, plus ballooning national debt and continued fears over an AI bubble.
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 »
These are, to be fair, just the negatives, and a complete picture would have to add the positives, such as soaring profits for S&P 500 (SNPINDEX: ^GSPC) companies, steady growth in the U.S. economy, and a stock market that is broadening beyond a few megacap leaders.
There is, however, one persistent concern that goes beyond September's historically weak performance. One of the market's most reliable valuation metrics has been flashing a warning light for months. And, if history is any guide, Wall Street won't like what's coming next.
#flashing
It's a market anomaly -- an unusual pattern -- but this year it is compounded with real market uncertainty. Among investor concerns: sticky inflation, rising energy prices, hawkish signals from bankers, high yields on U.S. Treasury bonds, a trade war between the U.S. and Canada, an actual war between U.S. and Iran, plus ballooning national debt and continued fears over an AI bubble.
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 »
These are, to be fair, just the negatives, and a complete picture would have to add the positives, such as soaring profits for S&P 500 (SNPINDEX: ^GSPC) companies, steady growth in the U.S. economy, and a stock market that is broadening beyond a few megacap leaders.
There is, however, one persistent concern that goes beyond September's historically weak performance. One of the market's most reliable valuation metrics has been flashing a warning light for months. And, if history is any guide, Wall Street won't like what's coming next.
#flashing
2 months ago
Chief Executive David Steinberg cracked some XL-sized eggs before hatching Zeta Global (ZETA) and building it up into a soaring and swooping AI marketing stock. Just this year, Zeta shares have climbed more than 50%.
His prior company, InPhonic, drew condemnation from a Better Business Bureau chief executive, prized growth over profits, faced regulatory charges and landed in bankruptcy court. After it delisted, it seems the serial founder was ***** -bent on constructing its foil.
That's Zeta. Early on, it was apparently so bottom-line focused that venture capitalists deemed it "too profitable" to invest. Steinberg and his partners initially self-funded it.
Zeta is now a rising marketing and advertising platform — with partners such as Palantir (PLTR) and OpenAI, and an AI bot named after a Greek goddess.
Wall Street expects Zeta's revenue growth to accelerate. After rising an average of 30.3% over the past three years, ***** ysts see 39% growth this year, to $1.82 billion, per FactSet. They also anticipate rising quarterly profits, including $12.5 million in the third quarter and $22.4 million in the fourth, with a dip attributable to seasonality the following quarter.
#partners
His prior company, InPhonic, drew condemnation from a Better Business Bureau chief executive, prized growth over profits, faced regulatory charges and landed in bankruptcy court. After it delisted, it seems the serial founder was ***** -bent on constructing its foil.
That's Zeta. Early on, it was apparently so bottom-line focused that venture capitalists deemed it "too profitable" to invest. Steinberg and his partners initially self-funded it.
Zeta is now a rising marketing and advertising platform — with partners such as Palantir (PLTR) and OpenAI, and an AI bot named after a Greek goddess.
Wall Street expects Zeta's revenue growth to accelerate. After rising an average of 30.3% over the past three years, ***** ysts see 39% growth this year, to $1.82 billion, per FactSet. They also anticipate rising quarterly profits, including $12.5 million in the third quarter and $22.4 million in the fourth, with a dip attributable to seasonality the following quarter.
#partners
2 months ago
Shares of NuScale Power (NYSE:SMR) trade around $9.63 as of this writing, down about 83% from their $57.42 52-week high.
But the demand that sent nuclear stocks soaring in the first place hasn't reversed. Constellation Energy (NASDAQ:CEG), for instance, reported an additional 920 megawatts of long-term power purchase agreements alongside its second-quarter results.
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 other words, the crash and the demand can both be true at once, because these companies do very different jobs. NuScale designs reactors, Cameco (NYSE:CCJ) sells the fuel, and Constellation already sells the power. A $2,000 investment split across the three buys three different claims on the same electricity demand.
Image source: The Motley Fool.
#power #constellation #down #first
But the demand that sent nuclear stocks soaring in the first place hasn't reversed. Constellation Energy (NASDAQ:CEG), for instance, reported an additional 920 megawatts of long-term power purchase agreements alongside its second-quarter results.
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 other words, the crash and the demand can both be true at once, because these companies do very different jobs. NuScale designs reactors, Cameco (NYSE:CCJ) sells the fuel, and Constellation already sells the power. A $2,000 investment split across the three buys three different claims on the same electricity demand.
Image source: The Motley Fool.
#power #constellation #down #first
2 months ago
(Bloomberg) -- Health and fitness ring-maker Oura Inc. filed for an initial public offering, showing soaring revenue as well as increasing losses.
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#selloff
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World's Unusually High Dollar Exposure Risks Fueling Selloff
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#selloff
2 months ago
Dell Technologies Inc. (NYSE:DELL) reported stellar fiscal second-quarter earnings, beating Wall Street expectations backed by record demand for artificial intelligence servers. Tripling AI server demand, a 70% revenue growth outlook, and booming traditional server sales should have invited bullish calls from Wall Street, yet one firm chose to stick with a Hold rating.
On September 2, TD Cowen ******* yst Krish Sankar raised the price target on Dell (NYSE: DELL) to $500.00 (from $450.00) while maintaining a Hold rating. TD Cowen chooses to stay on the sidelines despite calling Dell's results "phenomenal" as the firm remains cautious about how much investors should pay for that growth.
For the fiscal second quarter, revenue for Dell surged 58% year-over-year to a record $46.97 billion, beating expectations of $44.92 billion. Adjusted earnings per share of $7.04 topped the expected $4.92 figure.
Soaring demand for its AI servers helped the company boost its annual revenue forecast by $25 billion and also raise its profit outlook for the second time this year. FY27 revenue outlook was raised to $192 billion from $167 billion, an estimated 69% year-over-year growth.
AI servers did most of the heavy lifting for Dell's growth. The company reported $16.4 billion in AI-optimized server revenue, with AI server outlook now sitting at $74 billion for the year, up 200% year over year.
#servers
On September 2, TD Cowen ******* yst Krish Sankar raised the price target on Dell (NYSE: DELL) to $500.00 (from $450.00) while maintaining a Hold rating. TD Cowen chooses to stay on the sidelines despite calling Dell's results "phenomenal" as the firm remains cautious about how much investors should pay for that growth.
For the fiscal second quarter, revenue for Dell surged 58% year-over-year to a record $46.97 billion, beating expectations of $44.92 billion. Adjusted earnings per share of $7.04 topped the expected $4.92 figure.
Soaring demand for its AI servers helped the company boost its annual revenue forecast by $25 billion and also raise its profit outlook for the second time this year. FY27 revenue outlook was raised to $192 billion from $167 billion, an estimated 69% year-over-year growth.
AI servers did most of the heavy lifting for Dell's growth. The company reported $16.4 billion in AI-optimized server revenue, with AI server outlook now sitting at $74 billion for the year, up 200% year over year.
#servers
2 months ago
October WTI crude oil (CLV26) closed up +0.79 (+0.88%) on Wednesday, and October RBOB gasoline (RBV26) closed down -0.0313 (-1.00%).
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a fresh 6-week high. Crude prices rallied Wednesday as hostilities escalated between the US and Iran, raising concerns about prolonged disruptions to energy flows through the Strait of Hormuz. Crude prices also gained after weekly EIA inventories unexpectedly declined. However, crude gains were limited amid signs of larger crude supplies leaving the Strait of Hormuz, easing supply concerns.
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#prices #hormuz #energy #closed
Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a fresh 6-week high. Crude prices rallied Wednesday as hostilities escalated between the US and Iran, raising concerns about prolonged disruptions to energy flows through the Strait of Hormuz. Crude prices also gained after weekly EIA inventories unexpectedly declined. However, crude gains were limited amid signs of larger crude supplies leaving the Strait of Hormuz, easing supply concerns.
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#prices #hormuz #energy #closed
2 months ago
October Nymex natural gas (NGV26) on Wednesday closed up +0.052 (+1.79%).
Nat-gas prices settled higher on Wednesday as hotter US weather is expected to boost nat-gas demand from electricity providers as air-conditioning use increases. According to forecaster Vaisala, forecasts trended hotter across the Midwest and East for September 7-11 and shifted warmer in the Midwest for September 12-16.
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#hotter #october #ngv26 #vaisala
Nat-gas prices settled higher on Wednesday as hotter US weather is expected to boost nat-gas demand from electricity providers as air-conditioning use increases. According to forecaster Vaisala, forecasts trended hotter across the Midwest and East for September 7-11 and shifted warmer in the Midwest for September 12-16.
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#hotter #october #ngv26 #vaisala
