3 days ago
Xenon Pharmaceuticals (XENE) shares crashed on Friday after the biopharmaceutical firm said it has paused new patient enrollment in its clinical trials evaluating azetukalner. As investors responded to the setback involving XENE's lead drug candidate for major depressive disorder, its relative strength index (RSI) slipped into the early teens, indicating extremely oversold conditions.
Following today's decline, Xenon Pharmaceuticals stock is trading nearly 40% below its year-to-date high.
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'
#xene #following #America
Following today's decline, Xenon Pharmaceuticals stock is trading nearly 40% below its year-to-date high.
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'
#xene #following #America
5 days ago
BTI yields 5.83% and beats MO on growth, trading at a cheaper forward P/E of 11 with EPS guidance of 5 to 8% versus Altria's 2.5 to 5.5%.
Altria wins on income reliability, having raised its dividend 60 times in 56 years with a 6.10% yield paid in dollars with zero currency risk.
BTI's Modern Oral segment surged 47% while Altria's nicotine pouch share fell 4 points and cigarette volumes dropped 10% in 2025.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
For a retirement-focused investor weighing high-yield tobacco names, the question is direct: British American Tobacco (NYSE:BTI) or Altria Group (NYSE:MO), which screens better for income investors right now? Both throw off cash, both trade at single-digit-to-low-teens forward earnings, and both are racing to replace shrinking combustible volumes with nicotine pouches, vapor, and heated tobacco. But when you line them up on the metrics that actually matter for a retiree cashing checks, one name comes out ahead.
#tobacco
Altria wins on income reliability, having raised its dividend 60 times in 56 years with a 6.10% yield paid in dollars with zero currency risk.
BTI's Modern Oral segment surged 47% while Altria's nicotine pouch share fell 4 points and cigarette volumes dropped 10% in 2025.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
For a retirement-focused investor weighing high-yield tobacco names, the question is direct: British American Tobacco (NYSE:BTI) or Altria Group (NYSE:MO), which screens better for income investors right now? Both throw off cash, both trade at single-digit-to-low-teens forward earnings, and both are racing to replace shrinking combustible volumes with nicotine pouches, vapor, and heated tobacco. But when you line them up on the metrics that actually matter for a retiree cashing checks, one name comes out ahead.
#tobacco
7 days ago
Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1
American Express raised its 2026 revenue-growth outlook toward 10% after reporting strong first-half trends, including 10% foreign-exchange-adjusted revenue growth, mid-teens EPS growth, 16% card-fee growth and double-digit net interest income growth.
The company plans to direct better-than-expected performance toward customer acquisition, technology and product development, while maintaining long-term aspirations of 10% revenue growth and mid-teens EPS growth.
International, travel and younger-cardmember growth remain key opportunities: international billings have risen about 50% in three years, travel spending is contributing to growth, and Millennials and Gen Z represent 65% of new accounts, with credit metrics remaining stable.
Capital One's Big Bet Faces Rising Credit Risk
#Growth #international #travel #makes
American Express raised its 2026 revenue-growth outlook toward 10% after reporting strong first-half trends, including 10% foreign-exchange-adjusted revenue growth, mid-teens EPS growth, 16% card-fee growth and double-digit net interest income growth.
The company plans to direct better-than-expected performance toward customer acquisition, technology and product development, while maintaining long-term aspirations of 10% revenue growth and mid-teens EPS growth.
International, travel and younger-cardmember growth remain key opportunities: international billings have risen about 50% in three years, travel spending is contributing to growth, and Millennials and Gen Z represent 65% of new accounts, with credit metrics remaining stable.
Capital One's Big Bet Faces Rising Credit Risk
#Growth #international #travel #makes
10 days ago
Reacher actor Alan Ritchson and his wife Catherine have announced they are breaking up after two decades of marriage.
"After twenty years together, Cat and I have decided to end our marriage and continue alongside one another in a different way," the pair announced in a Sept. 12 Instagram post. "We grew up together. We built a life and family together. And we are raising three incredible boys who will always be the center of our world."
The Runner actor and Catherine met as teenagers during a high school dance class. After a brief romance, the teens called it off before reconnecting later, when Catherine was in college. They married in May 2006.
"Nothing can diminish what these years have meant to us — or the love and respect we will always share," the couple added in the social media post.
The two also emphasized that their main focus is co-parenting their three sons, Calem, 13, Edan, 12, and Amory, 10.
#catherine #actor
"After twenty years together, Cat and I have decided to end our marriage and continue alongside one another in a different way," the pair announced in a Sept. 12 Instagram post. "We grew up together. We built a life and family together. And we are raising three incredible boys who will always be the center of our world."
The Runner actor and Catherine met as teenagers during a high school dance class. After a brief romance, the teens called it off before reconnecting later, when Catherine was in college. They married in May 2006.
"Nothing can diminish what these years have meant to us — or the love and respect we will always share," the couple added in the social media post.
The two also emphasized that their main focus is co-parenting their three sons, Calem, 13, Edan, 12, and Amory, 10.
#catherine #actor
11 days ago
Corn futures were busy squaring up ahead of the Friday USDA report, closing Thursday with gains of 5 to 7 cents across the board. The CmdtyView national average Cash Corn price was up 6 cents at $4.87.
The weekly EIA report showed ethanol production at 1.099 million barrels per day in the week of 9/4, down 11,000 bpd from the week prior. Stocks saw a 152,000 barrel increase to 25.187 million barrels, which is 10.29% above the same week last year.
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
Sugar Prices Climb as Crude Oil Soars
Can Soybeans Remain in the Teens?
#million #USDA
The weekly EIA report showed ethanol production at 1.099 million barrels per day in the week of 9/4, down 11,000 bpd from the week prior. Stocks saw a 152,000 barrel increase to 25.187 million barrels, which is 10.29% above the same week last year.
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
Sugar Prices Climb as Crude Oil Soars
Can Soybeans Remain in the Teens?
#million #USDA
11 days ago
Soybeans were in rally mode on Thursday, with contracts 13 to 22 cents higher across most contracts. The cmdtyView national average Cash Bean price was up 22 1/2 cents at $12.74 ½. Soymeal futures saw gains of $2.30 to $5.50, as Soy Oil rallied 102 to 135 points.
USDA reported private export sale announcements of 272,000 MT of soybeans to China for 2026/27 and 206,500 MT of 2026/27 beans to unknown destinations this morning. Weekly Export Sales data will be out on Friday morning, with ****** ysts surveyed by Reuters looking for no sales to net cancellations of 500,000 MT for 2025/26 soybeans. New crop sales are seen in a range of 1 to 2.6 MMT in the week of September 3. Soybean meal sales are expected to be in a range of 150,000 to 950,000 MT, with 0 to 12,000 MT
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
Sugar Prices Climb as Crude Oil Soars
Can Soybeans Remain in the Teens?
#export #cash
USDA reported private export sale announcements of 272,000 MT of soybeans to China for 2026/27 and 206,500 MT of 2026/27 beans to unknown destinations this morning. Weekly Export Sales data will be out on Friday morning, with ****** ysts surveyed by Reuters looking for no sales to net cancellations of 500,000 MT for 2025/26 soybeans. New crop sales are seen in a range of 1 to 2.6 MMT in the week of September 3. Soybean meal sales are expected to be in a range of 150,000 to 950,000 MT, with 0 to 12,000 MT
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
Sugar Prices Climb as Crude Oil Soars
Can Soybeans Remain in the Teens?
#export #cash
11 days ago
Dennis-Yarmouth (1-0-0) began its state **** le defense with a 6-1 victory in a non-league matchup with Scituate.
Leah Woodward, who was exceptional at handling the ball, tallied three goals and one **** ist. Aurora Quenneville added two goals, while Sammie Precourt recorded one goal. Jenna Richard anchored the defensive effort and had two **** ists. Avery Post had one **** ist.
In other high school sports action:
Nauset 2, Barnstable 1: It was a dramatic finish as the Warriors (2-0-0) scored with three minutes left in the game to break a one-all tie. All three goals were scored following halftime.
Emma Steenstra scored the only goal for the Redhawks (1-1-0) on an **** ist from Cate Buckler. Avery Croteau was strong defensively and had many defensive saves. Izzy Hill played well in goal and made eight saves.
#three #defensive #dennis #yarmouth
Leah Woodward, who was exceptional at handling the ball, tallied three goals and one **** ist. Aurora Quenneville added two goals, while Sammie Precourt recorded one goal. Jenna Richard anchored the defensive effort and had two **** ists. Avery Post had one **** ist.
In other high school sports action:
Nauset 2, Barnstable 1: It was a dramatic finish as the Warriors (2-0-0) scored with three minutes left in the game to break a one-all tie. All three goals were scored following halftime.
Emma Steenstra scored the only goal for the Redhawks (1-1-0) on an **** ist from Cate Buckler. Avery Croteau was strong defensively and had many defensive saves. Izzy Hill played well in goal and made eight saves.
#three #defensive #dennis #yarmouth
11 days ago
Legal representatives from Samsung are seeking the dismissal of Dua Lipa's $15 million lawsuit over the unauthorized use of her image on a product box. In a new Thursday filing obtained by Rolling Stone, the company argues that the singer does not have grounds to sue because there's "nothing suggesting plaintiff endorses the televisions."
"The images merely depict the televisions' on-screen interface, illustrating the applications and … an example of content available on the TV," lawyers for Samsung said. The relevant products contain a photo of Lipa on boxes for televisions featuring Samsung TV Plus, where the singer is used to promote the Xite Hits channel. Other logos that appear on the product include MLB, Fox Sports, and the crime series The First 48.
More from Rolling Stone
'A Soulless Demon': D4vd's Path From Pop Star to Accused Killer
Search Intensifies for Teens Missing Since 1973 Music Festival
#televisions #thursday
"The images merely depict the televisions' on-screen interface, illustrating the applications and … an example of content available on the TV," lawyers for Samsung said. The relevant products contain a photo of Lipa on boxes for televisions featuring Samsung TV Plus, where the singer is used to promote the Xite Hits channel. Other logos that appear on the product include MLB, Fox Sports, and the crime series The First 48.
More from Rolling Stone
'A Soulless Demon': D4vd's Path From Pop Star to Accused Killer
Search Intensifies for Teens Missing Since 1973 Music Festival
#televisions #thursday
12 days ago
Sandra Bullock and Nicole Kidman discuss parenting teens as single working mothers with a "keep calm and carry on" approach in an exclusive interview with PEOPLE
The stars reflect on their growth since first starring together in 1998's Practical Magic and their shared life experiences
Practical Magic 2 reunites the actresses, who emphasize sharing wisdom and staying grounded despite fame and life changes
Sandra Bullock and Nicole Kidman are sharing their parenting mantra.
The actresses, whose new film Practical Magic 2 is out in theaters now, spoke with PEOPLE for this week's cover story and opened up about both being single working mothers. Bullock and Kidman, whose kids are around the same age, said they have a similar take on a common parenting mantra when it comes to their teens.
#parenting
The stars reflect on their growth since first starring together in 1998's Practical Magic and their shared life experiences
Practical Magic 2 reunites the actresses, who emphasize sharing wisdom and staying grounded despite fame and life changes
Sandra Bullock and Nicole Kidman are sharing their parenting mantra.
The actresses, whose new film Practical Magic 2 is out in theaters now, spoke with PEOPLE for this week's cover story and opened up about both being single working mothers. Bullock and Kidman, whose kids are around the same age, said they have a similar take on a common parenting mantra when it comes to their teens.
#parenting
12 days ago
Let's just get this out of the way: Mark Wahlberg is as A-list as it gets. He broke out in 1997's "Boogie Nights," and in the nearly three decades since, he's built one of the highest-wattage careers in Hollywood: two Academy Award nominations, a Golden Globe nod for "The Fighter," multiple Emmy nominations as a producer (HBO's "Entourage" among them), and a filmography that spans crime dramas, comedies, and action blockbusters. Right now, he's back on screen in "By Any Means," a manhunt thriller set during the 1966 Mississippi civil rights killings.
He's also signaling where he's increasingly turning his attention. Wahlberg will sit down with Bruce K. Lee, Founder and CEO of Keebeck Wealth Management, on the main stage at TechCrunch Disrupt 2026 to talk about his own progression. Grab your ticket here so you don't miss a moment of this session and Disrupt 2026. Ticket prices increase on September 25.
Image Credits:TechCrunch
His acting career is really just part of the picture. Over the past two decades, Wahlberg has built a production company, a restaurant chain, apparel and fitness ventures, a slate of angel investments, and the now 25-year-old Mark Wahlberg Youth Foundation, which supports inner-city kids and teens. He's used his Hollywood success to launch big projects well outside the movie business — and in a fireside chat at this year's Disrupt, he's going to give us a peek into how.
Wahlberg, who's leaned almost entirely on entrepreneurial instinct about people, culture, products, and markets, is now someone who's been building institutional-level investing discipline, with Lee as his guide, and with a growing focus on healthcare and wellness startups. It's a rare, unvarnished look at how someone with Wahlberg's cultural intelligence has worked his way into some of the most sophisticated rooms in business and finance.
#techcrunch #ticket #decades #nominations
He's also signaling where he's increasingly turning his attention. Wahlberg will sit down with Bruce K. Lee, Founder and CEO of Keebeck Wealth Management, on the main stage at TechCrunch Disrupt 2026 to talk about his own progression. Grab your ticket here so you don't miss a moment of this session and Disrupt 2026. Ticket prices increase on September 25.
Image Credits:TechCrunch
His acting career is really just part of the picture. Over the past two decades, Wahlberg has built a production company, a restaurant chain, apparel and fitness ventures, a slate of angel investments, and the now 25-year-old Mark Wahlberg Youth Foundation, which supports inner-city kids and teens. He's used his Hollywood success to launch big projects well outside the movie business — and in a fireside chat at this year's Disrupt, he's going to give us a peek into how.
Wahlberg, who's leaned almost entirely on entrepreneurial instinct about people, culture, products, and markets, is now someone who's been building institutional-level investing discipline, with Lee as his guide, and with a growing focus on healthcare and wellness startups. It's a rare, unvarnished look at how someone with Wahlberg's cultural intelligence has worked his way into some of the most sophisticated rooms in business and finance.
#techcrunch #ticket #decades #nominations
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15 days ago
A mall chain many consumers around the United States grew up visiting has closed another 25 stores over the last three months.
Earlier this year, we saw a number of mall retailers close locations, despite July 2026 Placer.ai data revealing that foot traffic across all three mall formats grew year over year. As part of my retail coverage for TheStreet, I reported on Vera Bradley cutting its traditional mall footprint by more than 43%, and Fossil Group quietly closing 219 stores over five years.
Most retailers choosing not to renew their mall leases are shifting their strategies. Some are pivoting to open-air shopping centers, which have been outperforming traditional malls for a while, while others are responding to changing consumer preferences by investing more in their online presence.
Founded in 1924, Genesco is a footwear-first company and the engine behind popular brands focused on kids, teens, and young adults. These include Little Burgundy, Journeys, and Schuh.
Genesco has closed another 25 stores across its portfolio, including 17 Journeys Group locations, in the second quarter of fiscal 2027, according to the company's latest earnings release.
#stores #retailers
Earlier this year, we saw a number of mall retailers close locations, despite July 2026 Placer.ai data revealing that foot traffic across all three mall formats grew year over year. As part of my retail coverage for TheStreet, I reported on Vera Bradley cutting its traditional mall footprint by more than 43%, and Fossil Group quietly closing 219 stores over five years.
Most retailers choosing not to renew their mall leases are shifting their strategies. Some are pivoting to open-air shopping centers, which have been outperforming traditional malls for a while, while others are responding to changing consumer preferences by investing more in their online presence.
Founded in 1924, Genesco is a footwear-first company and the engine behind popular brands focused on kids, teens, and young adults. These include Little Burgundy, Journeys, and Schuh.
Genesco has closed another 25 stores across its portfolio, including 17 Journeys Group locations, in the second quarter of fiscal 2027, according to the company's latest earnings release.
#stores #retailers
15 days ago
Kai Trump is giving fans a glimpse of what everyday family life looks like behind the golf clips and headlines. The 19-year-old shared a new Instagram reel capturing a lighthearted outing with her mom, Vanessa Trump, and younger brother Spencer Trump. It's full of classic sibling energy.
Kai Trump shared a playful family shopping video featuring her mom, Vanessa Trump, and younger brother Spencer. The reel, captioned "Shopping with the fam," captures the siblings joking around as they debate who is taller, with the lighthearted exchange giving fans a glimpse at their family dynamic.
Kai jokes in the video that 13-year-old Spencer is already way taller than their mom. Spencer immediately fires back that he's taller than Kai too. Someone off-camera questions whether that's really true. The group settles the debate by lining up back-to-back to compare their heights. They also jokingly accuse Spencer of standing on his tiptoes to boost his numbers.
The clip captures a playful, relatable, and very teenager-coded version of the Trump family fans don't often see. Between the height debate and the sibling teasing, the video reads like any typical outing between two teens and their mom. It's not the first time Kai has documented a shopping trip with her mom this year. She and Vanessa were recently spotted apartment shopping together as Kai prepared for her next chapter at the University of Miami, with Kai gushing that her mom spent hours helping her get everything ready.
Fans also responded to the family moment, with commenters praising the playful mother-daughter dynamic and the siblings' good-natured teasing. Several commenters also complimented Vanessa, calling her and Kai a beautiful mother-daughter duo.
#Trump #family #fans #debate
Kai Trump shared a playful family shopping video featuring her mom, Vanessa Trump, and younger brother Spencer. The reel, captioned "Shopping with the fam," captures the siblings joking around as they debate who is taller, with the lighthearted exchange giving fans a glimpse at their family dynamic.
Kai jokes in the video that 13-year-old Spencer is already way taller than their mom. Spencer immediately fires back that he's taller than Kai too. Someone off-camera questions whether that's really true. The group settles the debate by lining up back-to-back to compare their heights. They also jokingly accuse Spencer of standing on his tiptoes to boost his numbers.
The clip captures a playful, relatable, and very teenager-coded version of the Trump family fans don't often see. Between the height debate and the sibling teasing, the video reads like any typical outing between two teens and their mom. It's not the first time Kai has documented a shopping trip with her mom this year. She and Vanessa were recently spotted apartment shopping together as Kai prepared for her next chapter at the University of Miami, with Kai gushing that her mom spent hours helping her get everything ready.
Fans also responded to the family moment, with commenters praising the playful mother-daughter dynamic and the siblings' good-natured teasing. Several commenters also complimented Vanessa, calling her and Kai a beautiful mother-daughter duo.
#Trump #family #fans #debate
15 days ago
Hailey Bieber and Justin Bieber cuddled up in the PDA-filled debut issue of WYouth, a print publication aimed at the next generation of teens, and shared the films, songs and novels that they return to.
The images, taken by the Biebers on a Contax point-and-shoot camera, feature the couple mid-makeout, a shirtless Justin Bieber sleeping under the sheets and a close-up of the two canoodling in bed.
The Rhode beauty founder revealed Queen's "Bohemian Rhapsody" as her go-to karaoke song, with Justin Bieber name-dropping "With You" by Chris Brown. Fans will remember the "Baby" singer's rendition of the R&B song from a 2008 YouTube video, which has garnered more than 65 million views.
The couple also detailed their favorite films and books. The "Everything Hallelujah" singer picked "The Grinch" and the Bible, whereas Hailey Bieber named the Jennifer Aniston and Vince Vaughn-led rom-com "The Break-Up" and the children's book series "Angelina Ballerina," which she loved growing up, as her favorites.
Hailey and Justin Bieber also described their favorite ways to relax (the spa), favorite cities (a split between New York and Los Angeles) and favorite holidays (Thanksgiving and Christmas). They both agreed that picking an all-time favorite artist was simply "too hard."
#song
The images, taken by the Biebers on a Contax point-and-shoot camera, feature the couple mid-makeout, a shirtless Justin Bieber sleeping under the sheets and a close-up of the two canoodling in bed.
The Rhode beauty founder revealed Queen's "Bohemian Rhapsody" as her go-to karaoke song, with Justin Bieber name-dropping "With You" by Chris Brown. Fans will remember the "Baby" singer's rendition of the R&B song from a 2008 YouTube video, which has garnered more than 65 million views.
The couple also detailed their favorite films and books. The "Everything Hallelujah" singer picked "The Grinch" and the Bible, whereas Hailey Bieber named the Jennifer Aniston and Vince Vaughn-led rom-com "The Break-Up" and the children's book series "Angelina Ballerina," which she loved growing up, as her favorites.
Hailey and Justin Bieber also described their favorite ways to relax (the spa), favorite cities (a split between New York and Los Angeles) and favorite holidays (Thanksgiving and Christmas). They both agreed that picking an all-time favorite artist was simply "too hard."
#song
18 days ago
Many parents eventually run into the same uncomfortable math.
The money you put aside for a child does the most work in the years when you have the least of it to spare. Time is the ****** et. Cash is the constraint.
A dollar deposited in a baby's first year outruns several dollars deposited in that child's teens. Almost ****** ody manages it, because the first year of a child's life is also the most expensive one you have had so far.
Workplace benefits were never really built to solve that problem. Your 401(k) match helps you. Your health plan keeps your family upright. Your flexible spending account gets raided by December.
Very little in a standard benefits package puts money into an account that belongs to your child, sits in an index fund, and does not get touched for 18 years.
#money #child #year
The money you put aside for a child does the most work in the years when you have the least of it to spare. Time is the ****** et. Cash is the constraint.
A dollar deposited in a baby's first year outruns several dollars deposited in that child's teens. Almost ****** ody manages it, because the first year of a child's life is also the most expensive one you have had so far.
Workplace benefits were never really built to solve that problem. Your 401(k) match helps you. Your health plan keeps your family upright. Your flexible spending account gets raided by December.
Very little in a standard benefits package puts money into an account that belongs to your child, sits in an index fund, and does not get touched for 18 years.
#money #child #year
18 days ago
PayPal (PYPL) trades at 9.8 times earnings while the S&P 500 trades at 23.2. The profitability underneath is ordinary: an 18.4% operating margin against 18.5% for the market. The discount is not about whether the company makes money. It is about what each dollar it moves is worth.
Why Does PayPal Take In Less On Every Dollar It Moves?
In fiscal Q2 2026 the company moved $486 billion of payment volume, up 9% on a currency-neutral basis. Revenue on the same basis grew 3%. The transaction take rate fell 7 basis points to 1.61%, and by the company's own account the drop came from branded co-marketing investments and mix dynamics, including faster Venmo growth.
The PayPal ***** on itself, branded checkout, grew 2% currency-neutral for a second straight quarter. Venmo and Braintree both grew in the mid-teens. The growth is real, and it is arriving through the doors that pay less.
Who Is Bringing PayPal That Volume Now?
#volume #trades
Why Does PayPal Take In Less On Every Dollar It Moves?
In fiscal Q2 2026 the company moved $486 billion of payment volume, up 9% on a currency-neutral basis. Revenue on the same basis grew 3%. The transaction take rate fell 7 basis points to 1.61%, and by the company's own account the drop came from branded co-marketing investments and mix dynamics, including faster Venmo growth.
The PayPal ***** on itself, branded checkout, grew 2% currency-neutral for a second straight quarter. Venmo and Braintree both grew in the mid-teens. The growth is real, and it is arriving through the doors that pay less.
Who Is Bringing PayPal That Volume Now?
#volume #trades
19 days ago
In what is being referred to as potentially social media's "Big Tobacco moment," Meta Platforms (NASDAQ: META) recently announced an agreement with 52 attorneys general under which the parent company of Facebook and Instagram will pay up to $18 billion over the next decade and significantly change its policies for teen users.
While the fine would be the largest consumer-protection settlement ever, excluding Big Tobacco, most Wall Street ***** ysts and experts believe Meta avoided what could have been a vastly larger financial settlement.
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 »
But the ramifications from this landmark teen-safety lawsuit could be far worse for social media company Snap (NYSE: SNAP). Here's why.
Per the agreement, Meta will pay $12.7 billion to the participating states and U.S. territories in the lawsuit in annual installments over the next decade. The remaining $5.3 billion will be paid based on two conditions: Alphabet's YouTube and TikTok must apply some of the same changes that Meta is making for teens, and those companies must collectively pay a matching $5.3 billion.
#meta #billion #signal #flashing
While the fine would be the largest consumer-protection settlement ever, excluding Big Tobacco, most Wall Street ***** ysts and experts believe Meta avoided what could have been a vastly larger financial settlement.
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 »
But the ramifications from this landmark teen-safety lawsuit could be far worse for social media company Snap (NYSE: SNAP). Here's why.
Per the agreement, Meta will pay $12.7 billion to the participating states and U.S. territories in the lawsuit in annual installments over the next decade. The remaining $5.3 billion will be paid based on two conditions: Alphabet's YouTube and TikTok must apply some of the same changes that Meta is making for teens, and those companies must collectively pay a matching $5.3 billion.
#meta #billion #signal #flashing
19 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you're looking for a practical way to teach your kids money management skills and encourage financial independence, consider getting them a debit card.
Of course, your child may not be ready for their own checking account and the freedom to spend as they please. The good news: Several banks offer debit cards designed for kids and teens — allowing them to manage their own spending, saving, and goal-setting — but with plenty of safeguards that keep parents in control.
Here's a look at some of the best debit card options for kids available today.
The Greenlight Debit Card for Kids comes with a host of helpful features for kids and their parents.
#advertiser #disclosure #several #greenlight
If you're looking for a practical way to teach your kids money management skills and encourage financial independence, consider getting them a debit card.
Of course, your child may not be ready for their own checking account and the freedom to spend as they please. The good news: Several banks offer debit cards designed for kids and teens — allowing them to manage their own spending, saving, and goal-setting — but with plenty of safeguards that keep parents in control.
Here's a look at some of the best debit card options for kids available today.
The Greenlight Debit Card for Kids comes with a host of helpful features for kids and their parents.
#advertiser #disclosure #several #greenlight
19 days ago
Sands Capital, an investment management company, released its "Sands Capital Select Growth Fund" Q2 2026 investor letter. The letter can be downloaded here. Select Growth Fund targets U.S. businesses driving significant structural change through disruptive innovation. The fund returned 23.2% in the quarter, outperforming the Russell 1000 Growth Index's 16.7%. U.S. large-cap growth equities rebounded sharply, driven by improving corporate fundamentals and renewed investor confidence in AI, despite geopolitical uncertainties. However, the market's gains were narrow, concentrated among AI beneficiaries. The portfolio's success stemmed from strength in AI infrastructure holdings, especially memory and storage, supported by better pricing and tightening supply. As AI development advances, continuous demand for compute capacity is expected, prompting investments in memory, CPUs, AI chips, and semiconductor manufacturing to address emerging bottlenecks essential for scaling AI. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Spotify Technology S.A. (NYSE:SPOT). Spotify Technology S.A. (NYSE:SPOT) is a leading audio streaming subscription service provider monetizing through paid premium subscriptions and an ad-supported model. On September 1, 2026, Spotify Technology S.A. (NYSE:SPOT) closed at $544.15 per share. Over the past month, Spotify Technology S.A. (NYSE:SPOT) returned 12.84%, but its shares are down 21.97% over the past year. Spotify Technology S.A. (NYSE:SPOT) has a market capitalization of $111.86 billion, and its stock has traded within a 52-week range of $405.00 to $745.00.
Sands Capital Technology Innovators Fund stated the following regarding Spotify Technology S.A. (NYSE:SPOT) in its Q2 2026 investor letter:
"Spotify Technology S.A. (NYSE:SPOT) shares declined following first-quarter results after management guided margins lower due to a near-term increase in operating expenses. In our view, this spending reflects investment in future product development rather than a structurally higher cost base and likely signals the early stages of a new AI-enabled product cycle. Spotify's 2026 investor day helped address concerns around AI by reinforcing that AI could expand, rather than impair, the business model. Management highlighted a path to mid teens revenue growth through 2030, supported by new monetization opportunities, including AI music features, Audiobook+, and personal podcasts. The Universal Music Group partnership also provides a potential path to turn AI music into a paid feature. We believe Spotify's scale, pricing power, and distribution advantage position it to convert AI-enabled products into higher revenue per user and long-term margin expansion."
#spotify
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Spotify Technology S.A. (NYSE:SPOT). Spotify Technology S.A. (NYSE:SPOT) is a leading audio streaming subscription service provider monetizing through paid premium subscriptions and an ad-supported model. On September 1, 2026, Spotify Technology S.A. (NYSE:SPOT) closed at $544.15 per share. Over the past month, Spotify Technology S.A. (NYSE:SPOT) returned 12.84%, but its shares are down 21.97% over the past year. Spotify Technology S.A. (NYSE:SPOT) has a market capitalization of $111.86 billion, and its stock has traded within a 52-week range of $405.00 to $745.00.
Sands Capital Technology Innovators Fund stated the following regarding Spotify Technology S.A. (NYSE:SPOT) in its Q2 2026 investor letter:
"Spotify Technology S.A. (NYSE:SPOT) shares declined following first-quarter results after management guided margins lower due to a near-term increase in operating expenses. In our view, this spending reflects investment in future product development rather than a structurally higher cost base and likely signals the early stages of a new AI-enabled product cycle. Spotify's 2026 investor day helped address concerns around AI by reinforcing that AI could expand, rather than impair, the business model. Management highlighted a path to mid teens revenue growth through 2030, supported by new monetization opportunities, including AI music features, Audiobook+, and personal podcasts. The Universal Music Group partnership also provides a potential path to turn AI music into a paid feature. We believe Spotify's scale, pricing power, and distribution advantage position it to convert AI-enabled products into higher revenue per user and long-term margin expansion."
#spotify
20 days ago
(NewsNation) — The Juneau, Alaska, community is mourning the loss of 16-year-olds Leotis Phillips and Zoey Clark after they were found dead in the woods with a gun on Monday.
"I can't imagine the pain they were in to make this decision," Ariah Clark, a cousin of Zoey Clark, said at a candlelight vigil Tuesday, according to the Juneau Independent. The outlet reported that more than 150 friends, family and teachers gathered at Clark's high school for the vigil, near where the teens' bodies were found.
Grand Canyon flood victims identified as third hiker remains missing
"The only comfort I think any of us can find at this point is that they weren't alone and they found peace in those last moments together," Clark added. "They wouldn't want any of us to continue to suffer because that was not their goal and intention."
Alaska teens Leotis Phillips and Zoey Clark were discovered in a wooded area on a coastal road in the state's capital city. (Juneau Police Department)
#alaska #phillips #teens
"I can't imagine the pain they were in to make this decision," Ariah Clark, a cousin of Zoey Clark, said at a candlelight vigil Tuesday, according to the Juneau Independent. The outlet reported that more than 150 friends, family and teachers gathered at Clark's high school for the vigil, near where the teens' bodies were found.
Grand Canyon flood victims identified as third hiker remains missing
"The only comfort I think any of us can find at this point is that they weren't alone and they found peace in those last moments together," Clark added. "They wouldn't want any of us to continue to suffer because that was not their goal and intention."
Alaska teens Leotis Phillips and Zoey Clark were discovered in a wooded area on a coastal road in the state's capital city. (Juneau Police Department)
#alaska #phillips #teens
20 days ago
On August 26, Biohaven (NYSE:BHVN) and SK Biopharmaceuticals announced a global licensing agreement covering opakalim, Biohaven's lead epilepsy candidate, in a deal worth up to $795 million plus royalties. SK Biopharmaceuticals picks up exclusive worldwide rights to Biohaven's Kv7 ion channel platform, while Biohaven walks away with $400 million in near-term cash. The timing lines up with an August 10, 2026 earnings report that showed Biohaven still losing well over $100 million a quarter, and the gap between those two dates explains a lot about why this deal happened now.
SK Biopharmaceuticals will pay up to $795 million in upfront and milestone payments connected to the Kv7 platform, on top of tiered royalties on US net sales of opakalim that range from the mid-teens to low twenties. Biohaven collects $350 million at closing and another $50 million in 2027, with as much as $150 million more available through development and regulatory milestones plus royalties on global sales. SK Biopharmaceuticals is also taking over Kv7 program costs going forward, including certain Knopp Biosciences obligations. CEO Vlad Coric described the structure as proof Biohaven can monetize its pipeline through partnerships rather than leaning on public markets for cash.
The deal only makes sense because opakalim looks like it works. In a proof-of-concept study in idiopathic generalized epilepsy, the median time to a second generalized tonic-clonic seizure stretched to 141 days on opakalim versus 47 days on placebo, and a third of patients made it through the full 24 weeks without a second seizure. In focal epilepsy, 54% of patients in an open-label extension study saw at least a 50% drop in seizure frequency over any six months, in a group of more than 100 patients.
Opakalim is also designed as a once-daily pill with no ******* ration required, a real edge over older antiseizure drugs. Pairing that data with SK Biopharmaceuticals, the company behind XCOPRI and the only firm to bring a new focal-seizure drug to the US market since 2016, gives Opakalim a commercial path Biohaven would have struggled to build alone. The cash also buys runway for the rest of the pipeline, including protein degraders BHV-1300 and BHV-1400, which have shown rapid, selective reductions in disease-driving antibodies in Graves' disease and IgA nephropathy with clean safety data across nearly 200 patients dosed.
Biohaven is giving up full ownership of an ******* et it now believes could be a major seller. Royalties in the mid-teens to low twenties are real money, but they are a fraction of what outright ownership of an approved epilepsy drug would be worth, and $50 million of the $400 million upfront does not arrive until 2027. The Knopp Biosciences obligations SK Biopharmaceuticals is absorbing, worth up to $245 million plus mid-single-digit royalties, are a reminder that other parties already have claims on opakalim's future revenue before Biohaven sees a dollar of profit from it.
#ro
SK Biopharmaceuticals will pay up to $795 million in upfront and milestone payments connected to the Kv7 platform, on top of tiered royalties on US net sales of opakalim that range from the mid-teens to low twenties. Biohaven collects $350 million at closing and another $50 million in 2027, with as much as $150 million more available through development and regulatory milestones plus royalties on global sales. SK Biopharmaceuticals is also taking over Kv7 program costs going forward, including certain Knopp Biosciences obligations. CEO Vlad Coric described the structure as proof Biohaven can monetize its pipeline through partnerships rather than leaning on public markets for cash.
The deal only makes sense because opakalim looks like it works. In a proof-of-concept study in idiopathic generalized epilepsy, the median time to a second generalized tonic-clonic seizure stretched to 141 days on opakalim versus 47 days on placebo, and a third of patients made it through the full 24 weeks without a second seizure. In focal epilepsy, 54% of patients in an open-label extension study saw at least a 50% drop in seizure frequency over any six months, in a group of more than 100 patients.
Opakalim is also designed as a once-daily pill with no ******* ration required, a real edge over older antiseizure drugs. Pairing that data with SK Biopharmaceuticals, the company behind XCOPRI and the only firm to bring a new focal-seizure drug to the US market since 2016, gives Opakalim a commercial path Biohaven would have struggled to build alone. The cash also buys runway for the rest of the pipeline, including protein degraders BHV-1300 and BHV-1400, which have shown rapid, selective reductions in disease-driving antibodies in Graves' disease and IgA nephropathy with clean safety data across nearly 200 patients dosed.
Biohaven is giving up full ownership of an ******* et it now believes could be a major seller. Royalties in the mid-teens to low twenties are real money, but they are a fraction of what outright ownership of an approved epilepsy drug would be worth, and $50 million of the $400 million upfront does not arrive until 2027. The Knopp Biosciences obligations SK Biopharmaceuticals is absorbing, worth up to $245 million plus mid-single-digit royalties, are a reminder that other parties already have claims on opakalim's future revenue before Biohaven sees a dollar of profit from it.
#ro
20 days ago
Investment management company First Pacific Advisors recently released its "FPA Queens Road Small Cap Value Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund returned 27.02% in the first half of 2026, outperforming the Russell 2000 Value Index's 22.99% gain and the S&P 600 Index's 23.90% return. Small-cap earnings growth also began accelerating relative to large caps, while the small-cap technology sector surged nearly 100% in 26H1. The fund's technology holdings gained 72.39%, contributing 14.87 percentage points, compared with a 95.27% return and 7.10-point contribution from the benchmark's technology sector. Excluding IT and cash, the Fund contributed 12.73% versus 15.89% for the Russell 2000 Value Index; on a fully invested basis, the figures were 16.62% and 17.59%, respectively. The portfolio continued to trim appreciated technology holdings amid the AI-driven rally, while maintaining a bottom-up approach and avoiding beaten-down SaaS stocks due to the widening range of AI-related outcomes. The fund also eliminated about $62 million in capital gains during Q2 and approximately $140 million year-to-date through July, while ending the quarter with 10.2% in cash. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks like Sprouts Farmers Market (NASDAQ:SFM). Sprouts Farmers Market (NASDAQ:SFM) operates a specialty grocery chain focused on fresh, natural, organic, and health-oriented food products. The one-month return of Sprouts Farmers Market (NASDAQ:SFM) was -2.69% while its shares traded between $64.75 and $141.24 over the last 52 weeks. On August 31, 2026, Sprouts Farmers Market (NASDAQ:SFM) stock closed at approximately $82.04 per share, with a market capitalization of about $7.82 billion.
FPA Queens Road Small Cap Value Fund stated the following regarding Sprouts Farmers Market (NASDAQ:SFM) in its Q2 2026 investor letter:
Sprouts Farmers Market (NASDAQ:SFM) is a supermarket chain focusing on fresh, natural, and organic products. The company has strong operating margins, attractive returns on capital, and excellent new store economics. Through April 2025, SFM's stock performed extremely well in concert with strong revenue growth and rising earnings estimates. As SFM's valuation increased, we trimmed our position in late 2024 and early 2025. Then, when growth slowed in the second half of 2025, SFM's share price collapsed. Today, SFM trades at a low-teens multiple of forward earnings and we are comfortable holding a mid-sized position.
#sprouts #farmers #fund #road
In its second-quarter 2026 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks like Sprouts Farmers Market (NASDAQ:SFM). Sprouts Farmers Market (NASDAQ:SFM) operates a specialty grocery chain focused on fresh, natural, organic, and health-oriented food products. The one-month return of Sprouts Farmers Market (NASDAQ:SFM) was -2.69% while its shares traded between $64.75 and $141.24 over the last 52 weeks. On August 31, 2026, Sprouts Farmers Market (NASDAQ:SFM) stock closed at approximately $82.04 per share, with a market capitalization of about $7.82 billion.
FPA Queens Road Small Cap Value Fund stated the following regarding Sprouts Farmers Market (NASDAQ:SFM) in its Q2 2026 investor letter:
Sprouts Farmers Market (NASDAQ:SFM) is a supermarket chain focusing on fresh, natural, and organic products. The company has strong operating margins, attractive returns on capital, and excellent new store economics. Through April 2025, SFM's stock performed extremely well in concert with strong revenue growth and rising earnings estimates. As SFM's valuation increased, we trimmed our position in late 2024 and early 2025. Then, when growth slowed in the second half of 2025, SFM's share price collapsed. Today, SFM trades at a low-teens multiple of forward earnings and we are comfortable holding a mid-sized position.
#sprouts #farmers #fund #road
22 days ago
Ashley Taunton was seriously injured on July 18 after a car struck her as she was helping three teens whose had vehicle hydroplaned
To Taunton's surprise, Taylor Swift donated $50,000 to help Taunton pay for her medical expenses after the incident
"I wish I could hug Taylor and everyone who has blessed us," Taunton tells PEOPLE
A Connecticut mother who was struck and injured by a car as she was helping a group of teens whose own vehicle had hydroplaned more than a month ago says that getting a surprise $50,000 donation from Taylor Swift to help pay for medical costs is "surreal."
"I am in awe of how God works and how so many can be the hands and feet of Christ to bring triumph from tragedy," Ashley Taunton, 42, tells PEOPLE following Swift's gift.
#taunton #injured #struck #teens
To Taunton's surprise, Taylor Swift donated $50,000 to help Taunton pay for her medical expenses after the incident
"I wish I could hug Taylor and everyone who has blessed us," Taunton tells PEOPLE
A Connecticut mother who was struck and injured by a car as she was helping a group of teens whose own vehicle had hydroplaned more than a month ago says that getting a surprise $50,000 donation from Taylor Swift to help pay for medical costs is "surreal."
"I am in awe of how God works and how so many can be the hands and feet of Christ to bring triumph from tragedy," Ashley Taunton, 42, tells PEOPLE following Swift's gift.
#taunton #injured #struck #teens
24 days ago
Was Jonathan Haidt right all along? Readers of this newsletter—and writers at Reason—are surely divided on this one. On Wednesday of this week, news broke that Meta had reached a humongous $17.1 billion settlement with 47 states and the District of Columbia, forced to pay damages due to child-endangerment claims stemming from its social media algorithms and platforms.
"The owner of Facebook and Instagram agreed to the financial penalties for violating federal child privacy and states' consumer protection laws, the states announced," reports The New York Times. "Meta also agreed to limit how long teenagers can spend on its platforms and to bans on features that stoke mental health issues, striking at the heart of the company's business of engagement for advertising."
"The settlement effectively ends a bellwether federal trial in the U.S. Northern District of California in Oakland, where California, Colorado, Kentucky and New Jersey were seeking roughly $200 billion over accusations that Meta harmed children," adds the Times. Meta, the owner of Instagram and Facebook, at times invoked a Section 230 defense, the "First Amendment of the internet" that makes it so companies don't bear liability for the posts of their users—which Reason has repeatedly defended amid a media landscape that doesn't seem to understand the value of Section 230.
"After years of being barred from suing social platforms, state prosecutors have gotten creative," wrote Reason's Elizabeth Nolan Brown earlier this month about the California/Colorado/Kentucky/New Jersey suit. "They're now claiming that this isn't about user-generated speech but about tech companies' product design. In this case, the states claim that providing photo filters is contributing to teens' body dysmorphia and that 'psychologically manipulative' features like displaying post 'like' counts, sending notifications, and using algorithms to curate content around a user's particular interests are what's keeping kids hooked, not the actual content on Facebook and Instagram. It's a silly claim, since clearly there could be no 'addiction' to social media if not for the content or communications contained on these platforms."
"The attorneys general and plaintiffs say that Meta's algorithms trap its users in the infinite scroll, hours of time spent staring at half-naked influencers or malnourished celebrities, images that breed body dysmorphia, anxiety and depression," reads a different Times article. This case was very explicitly built off of arguments and research found in Jonathan Haidt's book The Anxious Generation, which has enjoyed mainstream appeal. "Mr. Haidt met with some of the attorneys general on Zoom, briefing them on his research," the Times continues.
#Facebook #Social
"The owner of Facebook and Instagram agreed to the financial penalties for violating federal child privacy and states' consumer protection laws, the states announced," reports The New York Times. "Meta also agreed to limit how long teenagers can spend on its platforms and to bans on features that stoke mental health issues, striking at the heart of the company's business of engagement for advertising."
"The settlement effectively ends a bellwether federal trial in the U.S. Northern District of California in Oakland, where California, Colorado, Kentucky and New Jersey were seeking roughly $200 billion over accusations that Meta harmed children," adds the Times. Meta, the owner of Instagram and Facebook, at times invoked a Section 230 defense, the "First Amendment of the internet" that makes it so companies don't bear liability for the posts of their users—which Reason has repeatedly defended amid a media landscape that doesn't seem to understand the value of Section 230.
"After years of being barred from suing social platforms, state prosecutors have gotten creative," wrote Reason's Elizabeth Nolan Brown earlier this month about the California/Colorado/Kentucky/New Jersey suit. "They're now claiming that this isn't about user-generated speech but about tech companies' product design. In this case, the states claim that providing photo filters is contributing to teens' body dysmorphia and that 'psychologically manipulative' features like displaying post 'like' counts, sending notifications, and using algorithms to curate content around a user's particular interests are what's keeping kids hooked, not the actual content on Facebook and Instagram. It's a silly claim, since clearly there could be no 'addiction' to social media if not for the content or communications contained on these platforms."
"The attorneys general and plaintiffs say that Meta's algorithms trap its users in the infinite scroll, hours of time spent staring at half-naked influencers or malnourished celebrities, images that breed body dysmorphia, anxiety and depression," reads a different Times article. This case was very explicitly built off of arguments and research found in Jonathan Haidt's book The Anxious Generation, which has enjoyed mainstream appeal. "Mr. Haidt met with some of the attorneys general on Zoom, briefing them on his research," the Times continues.
#Facebook #Social
24 days ago
CRAWFORDSVILLE, Indiana: Julie Beaumer won Moto 1 of the Ironman National to secure the overall victory via a tiebreaker over Chance Hymas.
This was Beaumer's second overall win of the season. He also won at Spring Creek.
With 12 minutes on the clock, Beaumer took the lead from Cole Davies and moved into the overall lead, but Chance Hymas was charging. He ran out of time, but the second-place finish in the race and overall was a moral victory of sorts.
The Moto 1 winner, Hymas crashed on the opening lap of the second race. He fell to the mid-teens on the first lap, then crashed a second time. It's not how many times you fall, however. Hymas remounted again and moved into the top 10 at the midway point.
Chance Hymas wins Ironman 250 Moto 1 after overcoming early crash
#moto #overall #beaumer
This was Beaumer's second overall win of the season. He also won at Spring Creek.
With 12 minutes on the clock, Beaumer took the lead from Cole Davies and moved into the overall lead, but Chance Hymas was charging. He ran out of time, but the second-place finish in the race and overall was a moral victory of sorts.
The Moto 1 winner, Hymas crashed on the opening lap of the second race. He fell to the mid-teens on the first lap, then crashed a second time. It's not how many times you fall, however. Hymas remounted again and moved into the top 10 at the midway point.
Chance Hymas wins Ironman 250 Moto 1 after overcoming early crash
#moto #overall #beaumer
25 days ago
A mother of three swiftly took it upon herself to help teens who hydroplaned during a rainstorm in Rhode Island and were then struck by a car. Now one of music's biggest names is ready to help her.
According to recent donations sent to a GoFundMe page supporting Ashley Taunton, Taylor Swift seemingly contributed $50,000 to the 42-year-old certified nursing ***** istant from Connecticut, who was severely injured while driving on I-95 South in Rhode Island on July 18. While she helped a group of teens on the side of the road, another vehicle hydroplaned and hurtled directly toward them.
"Wishing you the best recovery possible and sending love to your family!" reads a comment left by Swift on Aug. 28.
"In a split-second act of pure bravery, Ashley pushed the other person out of harm's way, taking the brunt of the impact herself," the GoFundMe description reads. "Because of her selfless courage, Ashley is now facing a very long and difficult road to recovery. She has already undergone two major surgeries in the last 18 hours alone, with more scheduled in the days ahead."
The fundraiser is going toward medical expenses not covered by insurance, daily household bills and expenses, gas and travel costs for commuting back and forth to the hospital and groceries for Taunton's three children.
#ashley #island #gofundme
According to recent donations sent to a GoFundMe page supporting Ashley Taunton, Taylor Swift seemingly contributed $50,000 to the 42-year-old certified nursing ***** istant from Connecticut, who was severely injured while driving on I-95 South in Rhode Island on July 18. While she helped a group of teens on the side of the road, another vehicle hydroplaned and hurtled directly toward them.
"Wishing you the best recovery possible and sending love to your family!" reads a comment left by Swift on Aug. 28.
"In a split-second act of pure bravery, Ashley pushed the other person out of harm's way, taking the brunt of the impact herself," the GoFundMe description reads. "Because of her selfless courage, Ashley is now facing a very long and difficult road to recovery. She has already undergone two major surgeries in the last 18 hours alone, with more scheduled in the days ahead."
The fundraiser is going toward medical expenses not covered by insurance, daily household bills and expenses, gas and travel costs for commuting back and forth to the hospital and groceries for Taunton's three children.
#ashley #island #gofundme
25 days ago
Taylor Swift has donated $50,000 to a GoFundMe supporting Ashley Taunton, a Connecticut mother of three who suffered life-threatening injuries while helping strangers after a car accident in Rhode Island.
Taunton, 42, a certified nursing ***** istant, was driving south on I-95 in July with her youngest daughter when she came upon a group of teenagers whose vehicle had hydroplaned in a rainstorm. She stopped to help move them to safety. While ***** isting, another car hydroplaned toward the group; Taunton pushed one of the teens out of the way and was struck herself, absorbing the impact. She has since undergone two major surgeries, with more scheduled, and her family says recovery could take up to a year.
More from Billboard
Radio Rallies Around Dolly Parton After Her Death, Led by '9 to 5'
R&B Up-And-Comer of the Month TheARTI$t On The Moment She Realized 'This Is My Purpose'
#hydroplaned #connecticut
Taunton, 42, a certified nursing ***** istant, was driving south on I-95 in July with her youngest daughter when she came upon a group of teenagers whose vehicle had hydroplaned in a rainstorm. She stopped to help move them to safety. While ***** isting, another car hydroplaned toward the group; Taunton pushed one of the teens out of the way and was struck herself, absorbing the impact. She has since undergone two major surgeries, with more scheduled, and her family says recovery could take up to a year.
More from Billboard
Radio Rallies Around Dolly Parton After Her Death, Led by '9 to 5'
R&B Up-And-Comer of the Month TheARTI$t On The Moment She Realized 'This Is My Purpose'
#hydroplaned #connecticut
26 days ago
Interested in Liquidity Services, Inc.? Here are five stocks we like better.
Liquidity Services is targeting $2 billion in GMV and $100 million in EBITDA, supported by expected mid-teens revenue growth, EBITDA margins of at least 20% of net revenue, and operating leverage from its existing technology platform.
GovDeals and Machinio are key expansion drivers. GovDeals is growing in government ******* et sales and has reached about 20% of the Canadian market, while Machinio serves roughly 4,000 recurring-revenue equipment dealers and plans to add payment and transaction-settlement capabilities.
The company is broadening its marketplace beyond traditional surplus goods through high-value real estate sales and the Retail Rush resale platform. Liquidity Services remains debt-free with more than $200 million in cash and is prioritizing acquisitions and share repurchases over dividends.
Liquidity Services (NASDAQ:LQDT) is positioning its marketplace platform as a scaled, technology-enabled channel for corporate and government sellers to monetize surplus ******* ets, returned merchandise, used equipment and other property, according to Chairman and CEO Bill Angrick.
#Services #ebitda #machinio
Liquidity Services is targeting $2 billion in GMV and $100 million in EBITDA, supported by expected mid-teens revenue growth, EBITDA margins of at least 20% of net revenue, and operating leverage from its existing technology platform.
GovDeals and Machinio are key expansion drivers. GovDeals is growing in government ******* et sales and has reached about 20% of the Canadian market, while Machinio serves roughly 4,000 recurring-revenue equipment dealers and plans to add payment and transaction-settlement capabilities.
The company is broadening its marketplace beyond traditional surplus goods through high-value real estate sales and the Retail Rush resale platform. Liquidity Services remains debt-free with more than $200 million in cash and is prioritizing acquisitions and share repurchases over dividends.
Liquidity Services (NASDAQ:LQDT) is positioning its marketplace platform as a scaled, technology-enabled channel for corporate and government sellers to monetize surplus ******* ets, returned merchandise, used equipment and other property, according to Chairman and CEO Bill Angrick.
#Services #ebitda #machinio
26 days ago
Opening arguments began in a California-led trial against Meta Platforms, Inc. (NASDAQ:META), brought by a coalition of 29 state attorneys general alleging the company designed Facebook and Instagram to be addictive to children and teens. New Mexico's attorney general warned the consequences for Meta could be "astronomical."
Meta already lost a case in New Mexico that will cost it nearly $1 billion, but California's case, backed by far more states and a much larger population, could be dramatically more expensive.
That raises the real question: is Wall Street underpricing the real financial risk of this trial, or is the New Mexico result already the worst case investors need to worry about?
As of August 17, Meta Platforms, Inc. (NASDAQ:META)'s stock is down only 12.52% this year. Even though the mounting legal pressure and most ******* ysts' concern so far have focused on Meta's AI infrastructure spending, which could reach $145 billion this year, rather than fears about the ad business itself. Meta has said the state coalition's "limited claims are unsubstantiated and their financial demands are vastly disproportionate." The New Mexico judge already ruled some of the plaintiffs' broader design-change requests would be unfair since rivals like TikTok and YouTube would keep the same features.
New Mexico Attorney General Raúl Torrez, fresh off winning nearly $1 billion from Meta in his state alone, warned "you could wake up with a headline judgment that is...astronomical," and said mapping that result onto a state as large as California could be "a potentially massive and market-shifting force." Meta Platforms, Inc. (NASDAQ:META)'s own attorneys have said the consolidated case could lead to damages as high as $1.4 trillion. The states' own lawyers estimate a more likely $200 billion. Meta gets 98% of its revenue from online advertising, an extraordinarily concentrated exposure to whatever penalties this case produces. UCLA's Julia Powles said, "California matters more than any other jurisdiction in the U.S."
#meta #case #billion #general
Meta already lost a case in New Mexico that will cost it nearly $1 billion, but California's case, backed by far more states and a much larger population, could be dramatically more expensive.
That raises the real question: is Wall Street underpricing the real financial risk of this trial, or is the New Mexico result already the worst case investors need to worry about?
As of August 17, Meta Platforms, Inc. (NASDAQ:META)'s stock is down only 12.52% this year. Even though the mounting legal pressure and most ******* ysts' concern so far have focused on Meta's AI infrastructure spending, which could reach $145 billion this year, rather than fears about the ad business itself. Meta has said the state coalition's "limited claims are unsubstantiated and their financial demands are vastly disproportionate." The New Mexico judge already ruled some of the plaintiffs' broader design-change requests would be unfair since rivals like TikTok and YouTube would keep the same features.
New Mexico Attorney General Raúl Torrez, fresh off winning nearly $1 billion from Meta in his state alone, warned "you could wake up with a headline judgment that is...astronomical," and said mapping that result onto a state as large as California could be "a potentially massive and market-shifting force." Meta Platforms, Inc. (NASDAQ:META)'s own attorneys have said the consolidated case could lead to damages as high as $1.4 trillion. The states' own lawyers estimate a more likely $200 billion. Meta gets 98% of its revenue from online advertising, an extraordinarily concentrated exposure to whatever penalties this case produces. UCLA's Julia Powles said, "California matters more than any other jurisdiction in the U.S."
#meta #case #billion #general
26 days ago
Meta, the parent company of Facebook and Instagram, agreed to pay up to $18 billion in a closely watched social media addiction case brought by 29 states. Under the landmark settlement, the company says it will make major changes to its platforms to better protect kids and teens. NBC's Christine Romans reports for TODAY.
#meta #Instagram #romans #billion
#meta #Instagram #romans #billion
27 days ago
Best Buy's (BBY) second quarter results surpassed Wall Street's expectations on Thursday as new technology boosted the quarter, but the stock fell nearly 5% anyway.
"We drove growth across almost all our major product categories as well as continued strong performance in our Best Buy Ads and Marketplace initiatives," Best Buy CEO Corie Barry said in the release.
In the second quarter, the company posted same-store sales growth of 4.1%, well above Wall Street's 1.6% estimate and up from 1.6% in the same period last year.
Revenue came in at $9.8 billion, above the $9.6 billion expected, and adjusted earnings were $1.47 per share, also above the $1.38 per share expected. The company did see a $34 million benefit from tariff refunds in the quarter, which led to an adjusted operating income rate of 4.3%.
Best Buy said computing was the largest contributor to comparable sales growth, with sales jumping 6.8%. Due to higher memory costs, the company raised computing prices by a mid-teens percentage, and unit sales declined by high single digits.
#best #sales #above #wall
"We drove growth across almost all our major product categories as well as continued strong performance in our Best Buy Ads and Marketplace initiatives," Best Buy CEO Corie Barry said in the release.
In the second quarter, the company posted same-store sales growth of 4.1%, well above Wall Street's 1.6% estimate and up from 1.6% in the same period last year.
Revenue came in at $9.8 billion, above the $9.6 billion expected, and adjusted earnings were $1.47 per share, also above the $1.38 per share expected. The company did see a $34 million benefit from tariff refunds in the quarter, which led to an adjusted operating income rate of 4.3%.
Best Buy said computing was the largest contributor to comparable sales growth, with sales jumping 6.8%. Due to higher memory costs, the company raised computing prices by a mid-teens percentage, and unit sales declined by high single digits.
#best #sales #above #wall
