15 hours ago
Bitcoin (CRYPTO: $BTC) climbed above $79,000 on Friday, extending its gains for a fourth straight day as large holders increased their exposure and institutional money returned to the market.
BTC rose more than 6% to reach its highest level since May, with **** ysts pointing to a mix of improving liquidity, regulatory optimism and renewed demand from larger investors.
Simon-Peter Massabni, head of business development at XS.com, told Cryptoprowl that the latest move was supported by renewed accumulation among Bitcoin's largest holders. According to BGeometrics data cited by Massabni, entities holding more than 10,000 BTC added over 30,000 Bitcoin in a single day and more than 55,000 BTC over the past month.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#Bitcoin #cryptoprowl #Crypto #Friday
BTC rose more than 6% to reach its highest level since May, with **** ysts pointing to a mix of improving liquidity, regulatory optimism and renewed demand from larger investors.
Simon-Peter Massabni, head of business development at XS.com, told Cryptoprowl that the latest move was supported by renewed accumulation among Bitcoin's largest holders. According to BGeometrics data cited by Massabni, entities holding more than 10,000 BTC added over 30,000 Bitcoin in a single day and more than 55,000 BTC over the past month.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#Bitcoin #cryptoprowl #Crypto #Friday
17 hours ago
Interested in Alpha Teknova, Inc.? Here are five stocks we like better.
Alpha Teknova reported record Q2 revenue of $12.2 million, up 18% year over year, and raised full-year revenue guidance to $45 million–$47 million from $42 million–$44 million.
The company sees significant growth potential as customers advance from catalog products to custom and GMP offerings: GMP customers spend 44 times more than catalog-only buyers, and Teknova expects its first commercial-therapy customer by the end of 2027.
Teknova expects to become adjusted EBITDA-positive in 2027 at annual revenue of $52 million–$57 million, supported by improving biopharma funding, new commercial investments, AI-enabled product configuration and potential bolt-on acquisitions.
Alpha Teknova (NASDAQ:TKNO) Chief Financial Officer Matt Lowell said the provider of laboratory and bioprocessing reagents is seeing renewed growth, reporting record second-quarter revenue and raising its full-year outlook as biopharma funding and life-science end markets improve.
#teknova #revenue #Growth
Alpha Teknova reported record Q2 revenue of $12.2 million, up 18% year over year, and raised full-year revenue guidance to $45 million–$47 million from $42 million–$44 million.
The company sees significant growth potential as customers advance from catalog products to custom and GMP offerings: GMP customers spend 44 times more than catalog-only buyers, and Teknova expects its first commercial-therapy customer by the end of 2027.
Teknova expects to become adjusted EBITDA-positive in 2027 at annual revenue of $52 million–$57 million, supported by improving biopharma funding, new commercial investments, AI-enabled product configuration and potential bolt-on acquisitions.
Alpha Teknova (NASDAQ:TKNO) Chief Financial Officer Matt Lowell said the provider of laboratory and bioprocessing reagents is seeing renewed growth, reporting record second-quarter revenue and raising its full-year outlook as biopharma funding and life-science end markets improve.
#teknova #revenue #Growth
17 hours ago
Hayden Panettiere's death continues to spark emotional reactions online. Skincare brand Neutrogena is now facing criticism over a recent statement about the late actress. The brand acknowledged that she felt "unsupported" during a difficult period in her life.
According to HuffPost, Neutrogena issued a public statement days after Panettiere's death, following renewed attention to her past comments about the company.
The actress served as a Neutrogena spokesperson for more than a decade. In a May interview, she said she believed the company distanced itself from her after she publicly discussed her postpartum depression.
In its Instagram statement, Neutrogena said it was "deeply saddened" by Panettiere's passing and acknowledged that it had made her "feel unsupported during a very difficult time."
The company also announced plans for a major investment in a longtime community health partner. The funds will improve access to postpartum depression support. It said more details would be shared once those plans are finalized.
#actress
According to HuffPost, Neutrogena issued a public statement days after Panettiere's death, following renewed attention to her past comments about the company.
The actress served as a Neutrogena spokesperson for more than a decade. In a May interview, she said she believed the company distanced itself from her after she publicly discussed her postpartum depression.
In its Instagram statement, Neutrogena said it was "deeply saddened" by Panettiere's passing and acknowledged that it had made her "feel unsupported during a very difficult time."
The company also announced plans for a major investment in a longtime community health partner. The funds will improve access to postpartum depression support. It said more details would be shared once those plans are finalized.
#actress
17 hours ago
Hyundai Motor is considering expanding production capacity at its Georgia ******* embly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korean automaker said following publication of the interview that the plans are under consideration but not yet confirmed.
At the upper end of that range, the Georgia Metaplant would leapfrog rivals — among them Tesla and Toyota Motor — to claim the top spot among U.S. vehicle ******* embly plants measured by capacity.
Muñoz said President Donald Trump's tariffs, including a 15% levy on imports from South Korea, have accelerated the company's localization plans. "Tariffs are helping accelerate our localization plan. That's very, very simple," he said. "The good thing is that we had already started before tariffs were announced. So in a way it's helping us to accelerate."
Any such expansion would be funded through Hyundai's already-announced $26 billion U.S. investment commitment running to 2028. Hyundai has targeted a domestic production share of at least 80% of the vehicles it moves in the U.S. market by 2030, compared with roughly 40% in 2024. "For that purpose, we need to add more capacity," Muñoz said.
The $7.6 billion Metaplant, which Hyundai first announced in 2022, is currently turning out the all-electric Ioniq 5 and Ioniq 9 models alongside the Kia Sportage hybrid. The facility is designed to build hybrid and all-electric vehicles for the Hyundai, Genesis, and Kia brands. Under the existing 500,000-unit framework, the Georgia campus would employ upward of 8,500 people directly, with a further 6,900 positions supported at supplier facilities nearby.
#hyundai #georgia #capacity #ioniq
At the upper end of that range, the Georgia Metaplant would leapfrog rivals — among them Tesla and Toyota Motor — to claim the top spot among U.S. vehicle ******* embly plants measured by capacity.
Muñoz said President Donald Trump's tariffs, including a 15% levy on imports from South Korea, have accelerated the company's localization plans. "Tariffs are helping accelerate our localization plan. That's very, very simple," he said. "The good thing is that we had already started before tariffs were announced. So in a way it's helping us to accelerate."
Any such expansion would be funded through Hyundai's already-announced $26 billion U.S. investment commitment running to 2028. Hyundai has targeted a domestic production share of at least 80% of the vehicles it moves in the U.S. market by 2030, compared with roughly 40% in 2024. "For that purpose, we need to add more capacity," Muñoz said.
The $7.6 billion Metaplant, which Hyundai first announced in 2022, is currently turning out the all-electric Ioniq 5 and Ioniq 9 models alongside the Kia Sportage hybrid. The facility is designed to build hybrid and all-electric vehicles for the Hyundai, Genesis, and Kia brands. Under the existing 500,000-unit framework, the Georgia campus would employ upward of 8,500 people directly, with a further 6,900 positions supported at supplier facilities nearby.
#hyundai #georgia #capacity #ioniq
17 hours ago
Permian Resources Corporation (NYSE:PR) was held by 56 hedge funds at the end of Q1 2026, remaining unchanged from the previous quarter. However, the total stake value of these hedge fund investors surged from just over $1.2 billion in Q4 2025 to around $1.8 billion in the first quarter.
Ken Griffin's Citadel Investment Group held the largest stake in PR at the end of Q1, with a total value of almost $266 million.
Permian Resources Corporation (NYSE:PR) has turned into one of the most important shale operators in the United States. The company delivered exceptional results for its Q2 2026 earlier this month, supported by higher oil prices, increasing production, and strong financial discipline.
Permian Resources reported a record free cash flow of $751 million during the quarter, up almost 50% sequentially, and translating into a record free cash flow per share of $0.88. Meanwhile, oil production also surged by 3% sequentially, and the company's updated oil output guidance of 199,000 bpd for the full year 2026 is 10% higher than 2025.
Notably, the energy firm expects to achieve the higher production target with approximately 1% lower spending compared to last year, highlighting the improving capital efficiency of its business.
#total
Ken Griffin's Citadel Investment Group held the largest stake in PR at the end of Q1, with a total value of almost $266 million.
Permian Resources Corporation (NYSE:PR) has turned into one of the most important shale operators in the United States. The company delivered exceptional results for its Q2 2026 earlier this month, supported by higher oil prices, increasing production, and strong financial discipline.
Permian Resources reported a record free cash flow of $751 million during the quarter, up almost 50% sequentially, and translating into a record free cash flow per share of $0.88. Meanwhile, oil production also surged by 3% sequentially, and the company's updated oil output guidance of 199,000 bpd for the full year 2026 is 10% higher than 2025.
Notably, the energy firm expects to achieve the higher production target with approximately 1% lower spending compared to last year, highlighting the improving capital efficiency of its business.
#total
17 hours ago
Chevron Corporation (NYSE:CVX) is one of the largest integrated energy companies in the world. The stock hit an all-time peak earlier this year and has surged by over 35% since the beginning of 2026, supported by high energy prices and strong earnings amid the disruptions in the Middle East.
After pulling back over the last few months, Chevron is now bouncing back, and the ****** ysts over at Morgan Stanley expect this rally to continue at full pace. On August 19, the ****** yst firm raised its price target on CVX from $210 to $218, while reaffirming an 'Overweight' rating on its shares. This is up almost 6% from the current levels and even above the stock's all-time high of just under $215 achieved earlier this year.
The bullish outlook comes as Morgan Stanley adjusted its price estimates and targets in the energy sector to reflect the latest 2026 outlooks and current strip prices. The firm believes that integrated energy companies, like Chevron, have not yet rallied as much with the soaring refining margins as the pure-play refiners.
Despite Chevron's impressive YTD performance, its gains pale in comparison with those of refiners like Valero Energy and Marathon Petroleum, whose stocks have each soared by over 100% since the beginning of 2026.
Photo by Luis Ramirez on Unsplash
#Companies #time
After pulling back over the last few months, Chevron is now bouncing back, and the ****** ysts over at Morgan Stanley expect this rally to continue at full pace. On August 19, the ****** yst firm raised its price target on CVX from $210 to $218, while reaffirming an 'Overweight' rating on its shares. This is up almost 6% from the current levels and even above the stock's all-time high of just under $215 achieved earlier this year.
The bullish outlook comes as Morgan Stanley adjusted its price estimates and targets in the energy sector to reflect the latest 2026 outlooks and current strip prices. The firm believes that integrated energy companies, like Chevron, have not yet rallied as much with the soaring refining margins as the pure-play refiners.
Despite Chevron's impressive YTD performance, its gains pale in comparison with those of refiners like Valero Energy and Marathon Petroleum, whose stocks have each soared by over 100% since the beginning of 2026.
Photo by Luis Ramirez on Unsplash
#Companies #time
19 hours ago
Neutrogena has responded after comments from late actress Hayden Panettiere resurfaced, in which she claimed the brand ended their decade-long partnership after she spoke publicly about her experience with postpartum depression.
In the wake of Panettiere's untimely death at age 36 on Aug. 16, Neutrogena has been subject to widespread backlash and calls for a consumer boycott. On Thursday, Aug. 20, it issued a statement saying it was "deeply saddened" by her passing.
"For more than a decade, Hayden was a valued member of our Neutrogena community. We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be."
"Hayden's courage in sharing her challenges helped inspire important conversations and awareness," the statement continued. "We are making a significant investment in a long-standing community health partner to help give more women access to the support they need, including care for postpartum depression. We will share more details with this community when plans are in place."
Panettiere-who first rose to fame on NBC's Heroes-started working with Neutrogena in the mid-2000s.
#decade #thursday
In the wake of Panettiere's untimely death at age 36 on Aug. 16, Neutrogena has been subject to widespread backlash and calls for a consumer boycott. On Thursday, Aug. 20, it issued a statement saying it was "deeply saddened" by her passing.
"For more than a decade, Hayden was a valued member of our Neutrogena community. We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be."
"Hayden's courage in sharing her challenges helped inspire important conversations and awareness," the statement continued. "We are making a significant investment in a long-standing community health partner to help give more women access to the support they need, including care for postpartum depression. We will share more details with this community when plans are in place."
Panettiere-who first rose to fame on NBC's Heroes-started working with Neutrogena in the mid-2000s.
#decade #thursday
20 hours ago
Representatives for the beauty brand Neutrogena have broken their silence about their treatment of their former ambassador Hayden Panettiere following her death.
While promoting her memoir earlier this year, the Heroes actress claimed that Neutrogena dropped her as their brand ambassador after 10 years in 2015 because she spoke about her postpartum depression battle on a U.S. talk show.
The allegations resurfaced this week after Panettiere died on Sunday, prompting backlash against the company, which saw its stock spiral amid a fan boycott.
Addressing the uproar on social media on Thursday, reps for Neutrogena acknowledged that they made her feel "unsupported" while she was struggling.
"For more than a decade, Hayden was a valued member of our Neutrogena community," they wrote. "We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be."
They praised Panettiere's "courage" in speaking out about a taboo subject and vowed to make a "significant investment to a long-standing community health partner" to support women's health causes, including postpartum depression.
#hayden #made
While promoting her memoir earlier this year, the Heroes actress claimed that Neutrogena dropped her as their brand ambassador after 10 years in 2015 because she spoke about her postpartum depression battle on a U.S. talk show.
The allegations resurfaced this week after Panettiere died on Sunday, prompting backlash against the company, which saw its stock spiral amid a fan boycott.
Addressing the uproar on social media on Thursday, reps for Neutrogena acknowledged that they made her feel "unsupported" while she was struggling.
"For more than a decade, Hayden was a valued member of our Neutrogena community," they wrote. "We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be."
They praised Panettiere's "courage" in speaking out about a taboo subject and vowed to make a "significant investment to a long-standing community health partner" to support women's health causes, including postpartum depression.
#hayden #made
23 hours ago
The dollar index (DXY00) tumbled to a 2.5-month low on Wednesday and finished down by -0.80%. The dollar retreated on Wednesday after the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Lower T-note yields on Wednesday also weakened the dollar's interest rate differentials.
The US Treasury announced on Wednesday that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Dollar Slumps and Gold Rallies as US Treasury Ramps Up Buybacks
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#treasury #buybacks #yields #least
The US Treasury announced on Wednesday that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Dollar Slumps and Gold Rallies as US Treasury Ramps Up Buybacks
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#treasury #buybacks #yields #least
24 hours ago
By Arathy Somasekhar
HOUSTON, Aug 19 (Reuters) - Crude oil prices rose on Wednesday and settled at the highest in nearly four weeks, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend all financial and economic transactions with Iran, and as ship traffic through the Strait of Hormuz remained slow.
Brent crude futures settled at $91.62 a barrel, up 60 cents, or 0.7%. U.S. West Texas Intermediate crude futures rose 89 cents, or 1.1%, to settle at $85.83 a barrel.
Both benchmarks closed at their highest since July 24.
"Crude futures remain supported by the geopolitical tensions that remain in the Middle East, now with the UAE stating they have cut off all financial ties to Iran due to the latest missile attacks," said Dennis Kissler, senior vice president of trading at BOK Financial.
#highest
HOUSTON, Aug 19 (Reuters) - Crude oil prices rose on Wednesday and settled at the highest in nearly four weeks, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend all financial and economic transactions with Iran, and as ship traffic through the Strait of Hormuz remained slow.
Brent crude futures settled at $91.62 a barrel, up 60 cents, or 0.7%. U.S. West Texas Intermediate crude futures rose 89 cents, or 1.1%, to settle at $85.83 a barrel.
Both benchmarks closed at their highest since July 24.
"Crude futures remain supported by the geopolitical tensions that remain in the Middle East, now with the UAE stating they have cut off all financial ties to Iran due to the latest missile attacks," said Dennis Kissler, senior vice president of trading at BOK Financial.
#highest
1 day ago
Several members of the Federal Reserve favored raising interest rates at the central bank's policy meeting last month, even as most supported holding rates steady, according to minutes from the meeting released Wednesday.
Those who favored raising rates noted that price pressures appeared broad-based and thought rates should be higher to restrict the economy and bring down inflation.
Three voting members of the Fed — Cleveland Fed president Beth Hammack, Dallas Fed president Lorie Logan, and Minneapolis Fed president Neel Kashkari — dissented, preferring to raise rates by a quarter percentage point. Since the meeting, other officials have spoken, including Kansas City Fed president Jeff Schmid, who also suggested that rates should be higher to rein in inflation.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
Most participants supported holding rates steady and believed forthcoming data before the next policy meeting would offer more clarity and reduce uncertainty about the inflation outlook.
#members #favored #policy
Those who favored raising rates noted that price pressures appeared broad-based and thought rates should be higher to restrict the economy and bring down inflation.
Three voting members of the Fed — Cleveland Fed president Beth Hammack, Dallas Fed president Lorie Logan, and Minneapolis Fed president Neel Kashkari — dissented, preferring to raise rates by a quarter percentage point. Since the meeting, other officials have spoken, including Kansas City Fed president Jeff Schmid, who also suggested that rates should be higher to rein in inflation.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments
Most participants supported holding rates steady and believed forthcoming data before the next policy meeting would offer more clarity and reduce uncertainty about the inflation outlook.
#members #favored #policy
1 day ago
Neutrogena has broken its silence about former ambassador Hayden Panettiere's death following days of backlash against the skincare brand over its treatment of the late actor.
Panettiere was found dead Sunday at age 36, prompting interviews and comments from the Nashville star to resurface, including her remarks earlier this year that Neutrogena "fired" her in 2015 after she spoke about her postpartum depression.
"We are deeply saddened by Hayden Panettiere's passing," Neutrogena said in a statement posted to its social media accounts Thursday. "For more than a decade, Hayden was a valued member of our Neutrogena community."
"We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be," the statement continued.
Neutrogena vowed to make a "significant investment to a long-standing community health partner" to support women's health causes and promised to share more details "when plans are in place."
#neutrogena #Health #panettiere #sunday
Panettiere was found dead Sunday at age 36, prompting interviews and comments from the Nashville star to resurface, including her remarks earlier this year that Neutrogena "fired" her in 2015 after she spoke about her postpartum depression.
"We are deeply saddened by Hayden Panettiere's passing," Neutrogena said in a statement posted to its social media accounts Thursday. "For more than a decade, Hayden was a valued member of our Neutrogena community."
"We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be," the statement continued.
Neutrogena vowed to make a "significant investment to a long-standing community health partner" to support women's health causes and promised to share more details "when plans are in place."
#neutrogena #Health #panettiere #sunday
1 day ago
Boston Celtics reserve big man Luka Garza held a youth basketball camp in the state he played his NCAA basketball, the Celtics center putting together his second Luka Garza Academy skills camp of the summer in Indianola, Iowa. Boston head coach Joe Mazzulla paid a visit to the camp as well in one of his many stops to spend time with his players this offseason.
Garza shared some thoughts on why he continues to make time for the camps with local ABC station KCAU-TV Sioux City, saying that "Iowa just means an incredible amount to me and my family."
"I feel like my life changed when I came here and I was able to get to my dreams and goals because of the University of Iowa," he added.
"Because of what I was able to learn here, because of the way I was able to develop here and I think within that time, the people here that supported me, that put their arms around me and pushed me every single day," said the Celtics center.
"I always feel like I owe something to them. And so for me every summer is trying to come and give back a little bit because I know how much was given to me in my time here."
#here #garza #luka #Basketball
Garza shared some thoughts on why he continues to make time for the camps with local ABC station KCAU-TV Sioux City, saying that "Iowa just means an incredible amount to me and my family."
"I feel like my life changed when I came here and I was able to get to my dreams and goals because of the University of Iowa," he added.
"Because of what I was able to learn here, because of the way I was able to develop here and I think within that time, the people here that supported me, that put their arms around me and pushed me every single day," said the Celtics center.
"I always feel like I owe something to them. And so for me every summer is trying to come and give back a little bit because I know how much was given to me in my time here."
#here #garza #luka #Basketball
1 day ago
The S&P 500 Index ($SPX) (SPY) is up by +0.58% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.07%. E-mini S&P futures (ESU26) are up +0.61%, and September E-mini Nasdaq futures (NQU26) are up +0.05%.
Stock indices are moving higher today, with the Nasdaq 100 rebounding from a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, limiting gains in the Nasdaq 100.
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QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#NASDAQ #industrial #average
Stock indices are moving higher today, with the Nasdaq 100 rebounding from a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, limiting gains in the Nasdaq 100.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#NASDAQ #industrial #average
1 day ago
Private credit is entering a more challenging phase as non-accruals and other signs of borrower distress rise.
The industry has enjoyed years of strong growth, supported by expanding **** ets under management, robust investment activity and attractive returns for investors. But the credit cycle is turning. The latest LCD data suggest that rising borrower distress is becoming a more meaningful feature of the market.
In this report, LCD examines non-accrual exposure (see Footnote 1) across the BDC market, beginning with a quick update on Q2 figures from the ten largest publicly traded BDCs, followed by a comprehensive **** ysis of non-accrual exposure across all registered US-based BDCs over the past three years, covering 213 distinct BDCs managed by 109 managers, representing an aggregate debt portfolio of $516 billion as of Q1 2026.
Key Takeaways
Reported non-accrual debt rose to 1.9% of total debt at cost in Q1, up 52 bps from the prior quarter.
#accrual #borrower #distress #across
The industry has enjoyed years of strong growth, supported by expanding **** ets under management, robust investment activity and attractive returns for investors. But the credit cycle is turning. The latest LCD data suggest that rising borrower distress is becoming a more meaningful feature of the market.
In this report, LCD examines non-accrual exposure (see Footnote 1) across the BDC market, beginning with a quick update on Q2 figures from the ten largest publicly traded BDCs, followed by a comprehensive **** ysis of non-accrual exposure across all registered US-based BDCs over the past three years, covering 213 distinct BDCs managed by 109 managers, representing an aggregate debt portfolio of $516 billion as of Q1 2026.
Key Takeaways
Reported non-accrual debt rose to 1.9% of total debt at cost in Q1, up 52 bps from the prior quarter.
#accrual #borrower #distress #across
1 day ago
The dollar index (DXY00) tumbled to a 2.5-month low today and is down by -0.76%. The dollar retreated today after the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Lower T-note yields today have also weakened the dollar's interest rate differentials.
The US Treasury announced today that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Did the Commodities Complex See Turnaround Activity Overnight?
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#liquidity #dated
The US Treasury announced today that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Did the Commodities Complex See Turnaround Activity Overnight?
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#liquidity #dated
1 day ago
The S&P 500 Index ($SPX) (SPY) is up by +0.33% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.33%. E-mini S&P futures (ESU26) are up +0.31%, and September E-mini Nasdaq futures (NQU26) are down -0.39%.
Stock indices are mixed today, with the Nasdaq 100 falling to a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, weighing on the Nasdaq 100.
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QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House
Stock indices are mixed today, with the Nasdaq 100 falling to a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, weighing on the Nasdaq 100.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House
1 day ago
Viking Holdings Ltd (NYSE:VIK) reported second-quarter earnings above Wall Street expectations on Wednesday, supported by higher capacity, stronger passenger yields and continued demand for its destination-focused cruises.
Shares showed a relatively muted response to the results, edging 0.21% higher in pre-market trading.
Adjusted earnings per share reached $1.31, comfortably ahead of the consensus estimate of $0.95. Revenue increased 16.5% year-on-year to $2.19 billion for the quarter ended June 30, 2026, compared with $1.88 billion in the same period last year.
Viking generated adjusted EBITDA of $748.4 million during the quarter, representing an 18.2% increase from the previous year.
Growth was supported by additional capacity and higher revenue per passenger cruise day. Net Yield increased 6.2% to $645 from $607 in the second quarter of 2025.
#year #adjusted #supported
Shares showed a relatively muted response to the results, edging 0.21% higher in pre-market trading.
Adjusted earnings per share reached $1.31, comfortably ahead of the consensus estimate of $0.95. Revenue increased 16.5% year-on-year to $2.19 billion for the quarter ended June 30, 2026, compared with $1.88 billion in the same period last year.
Viking generated adjusted EBITDA of $748.4 million during the quarter, representing an 18.2% increase from the previous year.
Growth was supported by additional capacity and higher revenue per passenger cruise day. Net Yield increased 6.2% to $645 from $607 in the second quarter of 2025.
#year #adjusted #supported
1 day ago
Neutrogena shared a statement on Thursday addressing Hayden Panettiere's death, following days of backlash. In the wake of her death, many fans resurfaced comments Panettiere had made claiming the skincare company fired her in 2015 for speaking out about postpartum depression.
"For more than a decade, Hayden was a valued member of our Neutrogena community. We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be," the company wrote on social media.
"Hayden's courage in sharing her challenges helped inspire important conversations and awareness. We are making a significant investment to a long-standing community health partner to help give more women access to the support they need, including care for postpartum depression," Neutrogena wrote. The company said it would share more details "when plans are in place."
"Out of respect for Hayden's family and loved ones, we did not want to speak out so soon following her passing. Everyone at Neutrogena extends their deepest condolences to Hayden's family and all who loved her," the statement added.
Panettiere, 36, died on Sunday in Greenville, South Carolina. Authorities said emergency responders found her in cardiac arrest. Two sources familiar with the investigation told CBS News that the Drug Enforcement Administration is ***** isting in the investigation.
#company
"For more than a decade, Hayden was a valued member of our Neutrogena community. We are proud to have partnered with her and understand that we made her feel unsupported during a very difficult time. This is not what Neutrogena stands for or who we want to be," the company wrote on social media.
"Hayden's courage in sharing her challenges helped inspire important conversations and awareness. We are making a significant investment to a long-standing community health partner to help give more women access to the support they need, including care for postpartum depression," Neutrogena wrote. The company said it would share more details "when plans are in place."
"Out of respect for Hayden's family and loved ones, we did not want to speak out so soon following her passing. Everyone at Neutrogena extends their deepest condolences to Hayden's family and all who loved her," the statement added.
Panettiere, 36, died on Sunday in Greenville, South Carolina. Authorities said emergency responders found her in cardiac arrest. Two sources familiar with the investigation told CBS News that the Drug Enforcement Administration is ***** isting in the investigation.
#company
1 day ago
The S&P 500 Index ($SPX) (SPY) is up by +0.58% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.07%. E-mini S&P futures (ESU26) are up +0.61%, and September E-mini Nasdaq futures (NQU26) are up +0.05%.
Stock indices are moving higher today, with the Nasdaq 100 rebounding from a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, limiting gains in the Nasdaq 100.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House
Stock indices are moving higher today, with the Nasdaq 100 rebounding from a 1.5-week low. The broader market is supported today by lower US bond yields. The 10-year T-note yield dropped -6 bp to 4.64% today after the US Treasury announced that it will boost liquidity and double the size of buybacks for longer-dated nominal coupon securities to at least $4 billion. However, weakness in chipmaker and AI-infrastructure stocks continued today, limiting gains in the Nasdaq 100.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#House
1 day ago
Private credit is entering a more challenging phase as non-accruals and other signs of borrower distress rise.
The industry has enjoyed years of strong growth, supported by expanding ***** ets under management, robust investment activity and attractive returns for investors. But the credit cycle is turning. The latest LCD data suggest that rising borrower distress is becoming a more meaningful feature of the market.
In this report, LCD examines non-accrual exposure (see Footnote 1) across the BDC market, beginning with a quick update on Q2 figures from the ten largest publicly traded BDCs, followed by a comprehensive ***** ysis of non-accrual exposure across all registered US-based BDCs over the past three years, covering 213 distinct BDCs managed by 109 managers, representing an aggregate debt portfolio of $516 billion as of Q1 2026.
Key Takeaways
Reported non-accrual debt rose to 1.9% of total debt at cost in Q1, up 52 bps from the prior quarter.
#borrower
The industry has enjoyed years of strong growth, supported by expanding ***** ets under management, robust investment activity and attractive returns for investors. But the credit cycle is turning. The latest LCD data suggest that rising borrower distress is becoming a more meaningful feature of the market.
In this report, LCD examines non-accrual exposure (see Footnote 1) across the BDC market, beginning with a quick update on Q2 figures from the ten largest publicly traded BDCs, followed by a comprehensive ***** ysis of non-accrual exposure across all registered US-based BDCs over the past three years, covering 213 distinct BDCs managed by 109 managers, representing an aggregate debt portfolio of $516 billion as of Q1 2026.
Key Takeaways
Reported non-accrual debt rose to 1.9% of total debt at cost in Q1, up 52 bps from the prior quarter.
#borrower
1 day ago
The dollar index (DXY00) tumbled to a 2.5-month low today and is down by -0.76%. The dollar retreated today after the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Lower T-note yields today have also weakened the dollar's interest rate differentials.
The US Treasury announced today that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Did the Commodities Complex See Turnaround Activity Overnight?
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#stocks #announced
The US Treasury announced today that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Did the Commodities Complex See Turnaround Activity Overnight?
Dollar Supported by Weak Stocks and Rising Bond Yields
Dollar Edges Higher as Stocks Slide
#stocks #announced
1 day ago
Pershing Square Holdings, an investment holding company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. Pershing Square is an alternative ****** et manager that primarily manages capital in publicly traded investment vehicles, with 98% of its capital structure dedicated to such ****** ets, including Howard Hughes Holdings. This capital permanency allows for long-term investments, fostering sustainable competitive advantages and yielding substantial market returns since 2018. The investment strategy focuses on acquiring high-quality companies at safe price points, anticipating significant annual EPS growth of 15% or more in the coming years. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Pershing Square Holdings highlighted Alcon Inc. (NYSE:ALC) as a new position. Alcon Inc. (NYSE:ALC) is a Swiss-based healthcare and medical technology company focused on eye care products. On August 18, 2026, Alcon Inc. (NYSE:ALC) closed at $73.55 per share. The one-month return of Alcon Inc. (NYSE:ALC) was 9.21% and its shares lost 9.24% over the past 52 weeks. Alcon Inc. (NYSE:ALC) has a market capitalization of $37.14 billion.
Pershing Square Holdings stated the following regarding Alcon Inc. (NYSE:ALC) in its Q2 2026 investor letter:
"Alcon Inc. (NYSE:ALC) is the world's leading ophthalmology company, with a dominant position in surgical vision, strong positions in vision care and contact lenses, and a small but promising pharmaceuticals business. It benefits from attractive long-term, mid-single-digit market growth supported by aging population demographics, rising global incomes, and improved access to healthcare.
Alcon is the premier franchise in this industry, benefiting from a massive global installed base, strong brand affinity, and unrivaled commercial capabilities. The core of Alcon's business is its dominant surgical vision franchise, supported by a 30,000-unit capital equipment installed base. This installed base anchors a highly attractive stream of high-margin recurring consumables revenue — a classic "razor / razor blade" model — which in turn funds Alcon's ability to field the industry's largest sales, commercial, and research organizations, powering its innovation flywheel..." (Click here to read the full text)
#square #investment #company
In its second-quarter 2026 investor letter, Pershing Square Holdings highlighted Alcon Inc. (NYSE:ALC) as a new position. Alcon Inc. (NYSE:ALC) is a Swiss-based healthcare and medical technology company focused on eye care products. On August 18, 2026, Alcon Inc. (NYSE:ALC) closed at $73.55 per share. The one-month return of Alcon Inc. (NYSE:ALC) was 9.21% and its shares lost 9.24% over the past 52 weeks. Alcon Inc. (NYSE:ALC) has a market capitalization of $37.14 billion.
Pershing Square Holdings stated the following regarding Alcon Inc. (NYSE:ALC) in its Q2 2026 investor letter:
"Alcon Inc. (NYSE:ALC) is the world's leading ophthalmology company, with a dominant position in surgical vision, strong positions in vision care and contact lenses, and a small but promising pharmaceuticals business. It benefits from attractive long-term, mid-single-digit market growth supported by aging population demographics, rising global incomes, and improved access to healthcare.
Alcon is the premier franchise in this industry, benefiting from a massive global installed base, strong brand affinity, and unrivaled commercial capabilities. The core of Alcon's business is its dominant surgical vision franchise, supported by a 30,000-unit capital equipment installed base. This installed base anchors a highly attractive stream of high-margin recurring consumables revenue — a classic "razor / razor blade" model — which in turn funds Alcon's ability to field the industry's largest sales, commercial, and research organizations, powering its innovation flywheel..." (Click here to read the full text)
#square #investment #company
2 days ago
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Bitcoin (BTC-USD) opened at $69,289.44 on Thursday, August 20, 2026, 7.1% higher than Wednesday's opening price. As of 9:15 a.m. ET this morning, the price of bitcoin moved up to $71,980.32.
Ethereum (ETH-USD) opened at $2,251.93 on Thursday, August 20, 2026, up 17.5% from Wednesday's opening price. The price of ethereum moved higher this morning to $2,293.10 as of 9:16 a.m. ET.
Bitcoin and ethereum prices jumped higher after President Trump pushed Congress to pass the Clarity Act, legislation that defines whether cryptocurrencies are regulated as securities or commodities. The bill is currently stalled in the Senate and scheduled for a procedural vote in September.
A decline in long-term Treasury yields also supported the move up in crypto prices. The yield dip followed the U.S. Treasury's announcement that it would double long-term debt buybacks. Lower long-term borrowing rates tend to increase demand for riskier ******* ets, including digital currencies, as investors seek out higher yields.
#ethereum #thursday #opening
Bitcoin (BTC-USD) opened at $69,289.44 on Thursday, August 20, 2026, 7.1% higher than Wednesday's opening price. As of 9:15 a.m. ET this morning, the price of bitcoin moved up to $71,980.32.
Ethereum (ETH-USD) opened at $2,251.93 on Thursday, August 20, 2026, up 17.5% from Wednesday's opening price. The price of ethereum moved higher this morning to $2,293.10 as of 9:16 a.m. ET.
Bitcoin and ethereum prices jumped higher after President Trump pushed Congress to pass the Clarity Act, legislation that defines whether cryptocurrencies are regulated as securities or commodities. The bill is currently stalled in the Senate and scheduled for a procedural vote in September.
A decline in long-term Treasury yields also supported the move up in crypto prices. The yield dip followed the U.S. Treasury's announcement that it would double long-term debt buybacks. Lower long-term borrowing rates tend to increase demand for riskier ******* ets, including digital currencies, as investors seek out higher yields.
#ethereum #thursday #opening
2 days ago
The Yankees (71-55) and the Orioles (61-66) conclude their three-game AL East series tonight at Camden Yards. With wins in the first two games, New York has pulled to within five games of first-place Tampa Bay in the AL East. Baltimore opened the series sitting in the final Wild Card spot but now are 1.5 games behind the Twins for a postseason berth.
Last night the Yankees won, 5-3. Along the way, they may have gotten a little help from the umpires. More on that in a moment. The Orioles struck first in unusual fashion in the bottom of the first. Jackson Holliday stole home to give Baltimore an early 1-0 lead. New York answered quickly. In the second inning, Ryan McMahon delivered an RBI single that scored Jazz Chisholm Jr., tying the game before being thrown out trying to stretch the hit into a double. Moments later, George Lombard Jr. hit a sacrifice fly that brought home Spencer Jones to give the Yankees a 2-1 advantage. The Yankees extended the lead in the third when Ben Rice launched a 447-foot solo homer to right-center field, his 34th home run of the season. Baltimore responded immediately as Pete Alonso crushed a 423-foot homer of his own in the bottom half, trimming the deficit to 3-2. The game remained close into the sixth inning when Orioles outfielder Dylan Beavers tied the score at 3-3 with a solo homer to left-center.
The pivotal and controversial moment arrived in the seventh. Alonso thought he had given Baltimore the lead with a deep drive down the left-field line. The ball clearly looked to tuck inside the foul pole but was ruled foul...even after review. Instead of taking a 4-3 lead, the Orioles remained tied, and the Yankees took advantage in the eighth inning. In the top of the eighth, New York loaded the bases and grabbed the lead when Lombard Jr. beat out an infield single, scoring Heliot Ramos. Moments later, Orioles reliever Yennier Cano uncorked a wild pitch, allowing Jazz Chisholm Jr. to score an insurance run and give the Yankees a 5-3 advantage. The Yankees bullpen closed the door from there. Brent Headrick earned the victory with a scoreless seventh, while David Bednar recorded his 29th save with a clean ninth inning.
Tonight's pitching matchup features a couple of veteran righthanders in Gerrit Cole (6-6, 3.22 ERA) and Kyle Bradish (7-11, 3.65 ERA). After missing last season and the first couple of months this season following Tommy John surgery, Cole has been an ace over his last four starts allowing a mere four earned runs across 24.2 innings. As good as he has been, the Yankees' bats have rarely supported him, though, as New York has lost four of his last seven starts. Bradish has also been stingy over the past couple of months. The righthander has allowed two or fewer earned runs in his last three starts and in five of his last six outings. The O's have won four of his last six starts.
Lets dive into tonight's matchup and find a sweat or two.
#orioles
Last night the Yankees won, 5-3. Along the way, they may have gotten a little help from the umpires. More on that in a moment. The Orioles struck first in unusual fashion in the bottom of the first. Jackson Holliday stole home to give Baltimore an early 1-0 lead. New York answered quickly. In the second inning, Ryan McMahon delivered an RBI single that scored Jazz Chisholm Jr., tying the game before being thrown out trying to stretch the hit into a double. Moments later, George Lombard Jr. hit a sacrifice fly that brought home Spencer Jones to give the Yankees a 2-1 advantage. The Yankees extended the lead in the third when Ben Rice launched a 447-foot solo homer to right-center field, his 34th home run of the season. Baltimore responded immediately as Pete Alonso crushed a 423-foot homer of his own in the bottom half, trimming the deficit to 3-2. The game remained close into the sixth inning when Orioles outfielder Dylan Beavers tied the score at 3-3 with a solo homer to left-center.
The pivotal and controversial moment arrived in the seventh. Alonso thought he had given Baltimore the lead with a deep drive down the left-field line. The ball clearly looked to tuck inside the foul pole but was ruled foul...even after review. Instead of taking a 4-3 lead, the Orioles remained tied, and the Yankees took advantage in the eighth inning. In the top of the eighth, New York loaded the bases and grabbed the lead when Lombard Jr. beat out an infield single, scoring Heliot Ramos. Moments later, Orioles reliever Yennier Cano uncorked a wild pitch, allowing Jazz Chisholm Jr. to score an insurance run and give the Yankees a 5-3 advantage. The Yankees bullpen closed the door from there. Brent Headrick earned the victory with a scoreless seventh, while David Bednar recorded his 29th save with a clean ninth inning.
Tonight's pitching matchup features a couple of veteran righthanders in Gerrit Cole (6-6, 3.22 ERA) and Kyle Bradish (7-11, 3.65 ERA). After missing last season and the first couple of months this season following Tommy John surgery, Cole has been an ace over his last four starts allowing a mere four earned runs across 24.2 innings. As good as he has been, the Yankees' bats have rarely supported him, though, as New York has lost four of his last seven starts. Bradish has also been stingy over the past couple of months. The righthander has allowed two or fewer earned runs in his last three starts and in five of his last six outings. The O's have won four of his last six starts.
Lets dive into tonight's matchup and find a sweat or two.
#orioles
2 days ago
Payments on cryptocurrency-focused cards has more than doubled from a year earlier to reach $759 million U.S. in July.
Spending on crypto cards increased 2.5 times in July from a year earlier supported by nearly nine million purchases settledthrough dollar-backed stablecoins, according to venture capital firm Andreessen Horowitz.
The monthly amount being spent on crypto cards has risen from less than $1 million U.S. in October 2023 to more than three-quarters of a billion dollars today.
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MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#july #cards #million
Spending on crypto cards increased 2.5 times in July from a year earlier supported by nearly nine million purchases settledthrough dollar-backed stablecoins, according to venture capital firm Andreessen Horowitz.
The monthly amount being spent on crypto cards has risen from less than $1 million U.S. in October 2023 to more than three-quarters of a billion dollars today.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#july #cards #million
3 days ago
Apple Inc. (NASDAQ:AAPL) received a major vote of confidence from Rothschild Redburn today, with the firm upgrading the stock from Neutral to "Buy" and raising its price target to $400 from $260. The upgrade rests on two major catalysts for Apple: its entry into premium foldables and a strategic reset to the Apple Intelligence platform.
Apple's bull case lies within its tight integration of premium hardware, proprietary silicon, and its rapidly expanding services layer. For the near future, **** yst James Cordwell anticipates iPhone sales to grow at a 12% five-year annual compound rate, roughly 3-14% above consensus expectations between fiscal 2026 and 2030.
This anticipated increase is backed by Apple's potential entry into the premium foldables market, particularly with the launch of iPhone Ultra. Not only will Apple gain a new product category with the launch, but will also be able to lift its average selling prices for the broader iPhone lineup.
This thesis is backed by numbers. The **** yst firm noted how Apple already boasts a base of 2.55 billion devices, supported by a degree of customer retention only few competitors can rival.
The second part of Apple's bull thesis, according to the firm, is its Services business. The firm believes that it is the most valuable part of Apple's franchise, growing at roughly three times the rate of Products. The business generates gross margins of roughly 75%, more than double of that earned on Product sales.
#firm #product #entry
Apple's bull case lies within its tight integration of premium hardware, proprietary silicon, and its rapidly expanding services layer. For the near future, **** yst James Cordwell anticipates iPhone sales to grow at a 12% five-year annual compound rate, roughly 3-14% above consensus expectations between fiscal 2026 and 2030.
This anticipated increase is backed by Apple's potential entry into the premium foldables market, particularly with the launch of iPhone Ultra. Not only will Apple gain a new product category with the launch, but will also be able to lift its average selling prices for the broader iPhone lineup.
This thesis is backed by numbers. The **** yst firm noted how Apple already boasts a base of 2.55 billion devices, supported by a degree of customer retention only few competitors can rival.
The second part of Apple's bull thesis, according to the firm, is its Services business. The firm believes that it is the most valuable part of Apple's franchise, growing at roughly three times the rate of Products. The business generates gross margins of roughly 75%, more than double of that earned on Product sales.
#firm #product #entry
3 days ago
Fortinet (FTNT) demonstrates strong momentum, with a 98% gain over the past year.
FTNT is projected to grow revenue 19.41% this year and 10.97% next year, with earnings expected to rise 25.02% and 8.95%, respectively.
Analyst sentiment is broadly positive with price targets ranging from $102 to $220.
Technical indicators and investor sentiment suggest FTNT still has room to run, supported by robust fundamentals and moderate short interest.
Valued at $117 billion, Fortinet (FTNT) is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers, and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration.
#sentiment #solutions #analyst #valued
FTNT is projected to grow revenue 19.41% this year and 10.97% next year, with earnings expected to rise 25.02% and 8.95%, respectively.
Analyst sentiment is broadly positive with price targets ranging from $102 to $220.
Technical indicators and investor sentiment suggest FTNT still has room to run, supported by robust fundamentals and moderate short interest.
Valued at $117 billion, Fortinet (FTNT) is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers, and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration.
#sentiment #solutions #analyst #valued
3 days ago
On Monday came the stunning news that five of the six Buss family siblings had voted to sell their remaining share of the Los Angeles Lakers that they hadn't sold to Mark Walter last year. They agreed to sell that remaining stake to Josh Kushner and Bob Iger, who had already agreed to purchase Walter's majority share last week.
The lone dissenter among the Buss siblings is Jeanie Buss, the governor of the team. The other five issued a statement on Tuesday reiterating their decision to sell, per ESPN.
"The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives," the Buss family said in a statement to ESPN's Shams Charania on Tuesday. "Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
"Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process."
It was Dr. Jerry Buss, the late father of the six Buss siblings, who first purchased the Lakers from Jack Kent Cooke in 1979. In the 34 years he owned the team, it won 10 NBA championships and reached the NBA Finals 16 times, transforming it from a bridesmaid franchise into the gold standard of basketball.
#remaining #decision #tuesday
The lone dissenter among the Buss siblings is Jeanie Buss, the governor of the team. The other five issued a statement on Tuesday reiterating their decision to sell, per ESPN.
"The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives," the Buss family said in a statement to ESPN's Shams Charania on Tuesday. "Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
"Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process."
It was Dr. Jerry Buss, the late father of the six Buss siblings, who first purchased the Lakers from Jack Kent Cooke in 1979. In the 34 years he owned the team, it won 10 NBA championships and reached the NBA Finals 16 times, transforming it from a bridesmaid franchise into the gold standard of basketball.
#remaining #decision #tuesday
3 days ago
Portland, Oregon, mother Allison Roberts filed a lawsuit on Wednesday against Portland Public Schools and her children's elementary school after allegedly facing retaliation over her opposition to their gender curriculum.
According to the Liberty Justice Center, which filed the lawsuit on behalf of Roberts, she initially expressed concern last year over Meriwether Lewis Elementary School's decision to repaint its traditional rainbow pride flag into an "Intersex-Inclusive Progress" variant to include support for racial and transgender ideology.
Though Roberts supported "being immersed" in Portland's gay community, she felt that the new flag was "an overtly political symbol that promotes values contradictory to her Christian faith," specifically due to its promotion of transgenderism.
Washington Mother Pulls Children From School After Pride Lesson Shown In Music Class Without Notice
Portland mother Allison Roberts was barred from her children's school activities, including her son's graduation, after criticizing its gender curriculum.
#mother #elementary #pride #lawsuit
According to the Liberty Justice Center, which filed the lawsuit on behalf of Roberts, she initially expressed concern last year over Meriwether Lewis Elementary School's decision to repaint its traditional rainbow pride flag into an "Intersex-Inclusive Progress" variant to include support for racial and transgender ideology.
Though Roberts supported "being immersed" in Portland's gay community, she felt that the new flag was "an overtly political symbol that promotes values contradictory to her Christian faith," specifically due to its promotion of transgenderism.
Washington Mother Pulls Children From School After Pride Lesson Shown In Music Class Without Notice
Portland mother Allison Roberts was barred from her children's school activities, including her son's graduation, after criticizing its gender curriculum.
#mother #elementary #pride #lawsuit
