1 day ago
PASADENA, Calif. - For three quarters and seven minutes, Bob Chesney's Rose Bowl debut was a dull affair, then just as quickly, the Bruins gave their faithful fans and historic stadium plenty to cheer about.
The SDSU Aztecs came to town looking to present a challenge and they certainly didn't make things easy on the Bruins, nor did the Bruins make things easy back. Both siders traded drives where they accomplished relatively nothing. So much nothing in fact the first play to go past the 50-yard line and into opposing territory didn't happen until Brian Rowe Jr. caught a pass with 11:47 left in the second quarter and both sides went into halftime tied 0-0.
Neither side particularly excelled with their passing, even if UCLA had the slight edge through the first half and finished with a much larger edge with 151 net passing yards to just 45 by SDSU and both sides were equally unsuccessful in their rushing attempts early on, but things started to change for UCLA in the second half.
"That is not the way we want to play football, obviously in the first half," Chesney said. "But at the same point in time, that's where we found ourselves. And I think every once in a while, it wasn't pretty, but it was gritty, and you need one of those."
UCLA struck first with a rushing touchdown courtesy of fifth-year running back Wayne Knight early in the third quarter, but UCLA could have scored far earlier than that if senior quarterback Nico Iamaleava made a different decision in a critical moment.
#first #things
The SDSU Aztecs came to town looking to present a challenge and they certainly didn't make things easy on the Bruins, nor did the Bruins make things easy back. Both siders traded drives where they accomplished relatively nothing. So much nothing in fact the first play to go past the 50-yard line and into opposing territory didn't happen until Brian Rowe Jr. caught a pass with 11:47 left in the second quarter and both sides went into halftime tied 0-0.
Neither side particularly excelled with their passing, even if UCLA had the slight edge through the first half and finished with a much larger edge with 151 net passing yards to just 45 by SDSU and both sides were equally unsuccessful in their rushing attempts early on, but things started to change for UCLA in the second half.
"That is not the way we want to play football, obviously in the first half," Chesney said. "But at the same point in time, that's where we found ourselves. And I think every once in a while, it wasn't pretty, but it was gritty, and you need one of those."
UCLA struck first with a rushing touchdown courtesy of fifth-year running back Wayne Knight early in the third quarter, but UCLA could have scored far earlier than that if senior quarterback Nico Iamaleava made a different decision in a critical moment.
#first #things
1 day ago
MLB standings 2026: Updated playoff bracket, magic numbers through Sept. 12 originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
It will still take some time for the leaves to change colors, but the chase for October is upon us.
The MLB postseason, which actually begins in late September, will be framed as a battle between David and Goliath, with 11 Davids and one Goliath: the Los Angeles Dodgers.
While the Dodgers haven't looked unbeatable in the regular season, they have positioned themselves as the villains after following back-to-back championships with the trade deadline acquisition of Tarik Skubal.
Everyone else, whether in a big market or a small market, will enter the postseason as some degree of an underdog. After the Blue Jays nearly dethroned the Dodgers last fall, could 2026 be the year a different team climbs to the top?
#goliath #sept
It will still take some time for the leaves to change colors, but the chase for October is upon us.
The MLB postseason, which actually begins in late September, will be framed as a battle between David and Goliath, with 11 Davids and one Goliath: the Los Angeles Dodgers.
While the Dodgers haven't looked unbeatable in the regular season, they have positioned themselves as the villains after following back-to-back championships with the trade deadline acquisition of Tarik Skubal.
Everyone else, whether in a big market or a small market, will enter the postseason as some degree of an underdog. After the Blue Jays nearly dethroned the Dodgers last fall, could 2026 be the year a different team climbs to the top?
#goliath #sept
1 day ago
Ryan Garcia destroyed Conor Benn with a right hand from **** on Saturday night at T-Mobile Arena in Las Vegas. Garcia and Benn traded mean-spirited barbs throughout the build, but it was the WBC welterweight champion who made good on his promise to finish the British slugger inside five rounds. The end came in the second frame and it only took seconds for Benn's rival and others to take to social media with their reactions. Let's talk boxing.
Detail
Outcome
Winner
Ryan Garcia
#ryan #arena #british
Detail
Outcome
Winner
Ryan Garcia
#ryan #arena #british
1 day ago
Cisco Systems (CSCO) stock trades at $107.44, and its options price a range over the next twelve months from near $74 to near $156. The market gives the shares about a two-in-three chance of finishing inside that band, and the band carries no view on direction. It measures size, and for Cisco that is about as much movement as the stock has shown over the past year.
How Much Could Your Cisco Shares Gain Or Lose Inside That Band?
From $107.44, the top of the band is about 45% higher, a gain of about $48 a share. The bottom is about 31% lower, a loss of about $33 a share. The upside is larger on both measures because a stock can rise without limit but cannot fall below zero.
The market puts about one chance in six on a finish below $74, and the same odds on a finish above $156. A fall to the floor would take nearly a third off a position. If a drop that size would push you to sell, the position is sized for a calmer stock than Cisco is priced to be.
Is Cisco Stock Priced To Move More Than It Did Over The Past Year?
#shares
How Much Could Your Cisco Shares Gain Or Lose Inside That Band?
From $107.44, the top of the band is about 45% higher, a gain of about $48 a share. The bottom is about 31% lower, a loss of about $33 a share. The upside is larger on both measures because a stock can rise without limit but cannot fall below zero.
The market puts about one chance in six on a finish below $74, and the same odds on a finish above $156. A fall to the floor would take nearly a third off a position. If a drop that size would push you to sell, the position is sized for a calmer stock than Cisco is priced to be.
Is Cisco Stock Priced To Move More Than It Did Over The Past Year?
#shares
1 day ago
On August 13, a federal appeals court ruled in favor of Gilead Sciences, Inc. (NASDAQ:GILD), upholding a preliminary injunction that bars the defendants from importing or facilitating the sale of foreign-market Gilead-branded medications in the US. The US Court of Appeals for the Fourth Circuit found that the differences between Gilead's HIV medication for the US market and the foreign versions being imported were "material, not theoretical." The controversy began in December 2024 when Gilead Sciences, Inc. (NASDAQ:GILD) filed suit against a number of companies, including third-party administrator Meritain Health, pharmacy benefit manager ProAct, and pharmacies Rx Valet and Advanced Pharmacy, alleging illegal imports of its best-selling HIV drug Biktarvy.
The dispute dates back to December 2024, when Gilead Sciences, Inc. (NASDAQ:GILD) sued a group of companies, including third-party administrator Meritain Health, pharmacy benefit manager ProAct, and pharmacies Rx Valet and Advanced Pharmacy, alleging illegal imports of its top-selling HIV drug Biktarvy. The lawsuit arose from a specific instance in which a patient in Maryland received the medicine in the mail from Turkey, with label instructions written in Turkish.
A federal district court in Baltimore ruled in Gilead's favor and ordered a preliminary injunction, determining that the company was likely to succeed on its Lanham Act trademark violation and unfair competition arguments. As the case continued, the injunction was increased to include new sellers like CanaRx, ElectRx, and ScriptSourcing. The defendants filed an appeal with the Fourth Circuit, and the district judge declined to suspend the injunction while the appeal was pending, thus the import restriction has been in effect the entire time. The recent ruling maintains the order rather than overturning it.
In court documents, Rx Valet stated that the Turkish-sourced Biktarvy was chemically identical to the US version, which was offered at a significantly higher price. Meritain, for its part, said that it has never supported getting non-FDA-approved pharmaceuticals from outside the US and denies the claims, despite being named as a defendant.
The Fourth Circuit rejected the defendants' main argument that the imported and domestic versions of Biktarvy are interchangeable. The court's judgment that the two versions differ materially, not just in packaging or labeling, but also in the quality-control protocols that each version goes through before reaching a patient, challenges the basic argument that these alternative funding programs have used to support their business model.
#gild
The dispute dates back to December 2024, when Gilead Sciences, Inc. (NASDAQ:GILD) sued a group of companies, including third-party administrator Meritain Health, pharmacy benefit manager ProAct, and pharmacies Rx Valet and Advanced Pharmacy, alleging illegal imports of its top-selling HIV drug Biktarvy. The lawsuit arose from a specific instance in which a patient in Maryland received the medicine in the mail from Turkey, with label instructions written in Turkish.
A federal district court in Baltimore ruled in Gilead's favor and ordered a preliminary injunction, determining that the company was likely to succeed on its Lanham Act trademark violation and unfair competition arguments. As the case continued, the injunction was increased to include new sellers like CanaRx, ElectRx, and ScriptSourcing. The defendants filed an appeal with the Fourth Circuit, and the district judge declined to suspend the injunction while the appeal was pending, thus the import restriction has been in effect the entire time. The recent ruling maintains the order rather than overturning it.
In court documents, Rx Valet stated that the Turkish-sourced Biktarvy was chemically identical to the US version, which was offered at a significantly higher price. Meritain, for its part, said that it has never supported getting non-FDA-approved pharmaceuticals from outside the US and denies the claims, despite being named as a defendant.
The Fourth Circuit rejected the defendants' main argument that the imported and domestic versions of Biktarvy are interchangeable. The court's judgment that the two versions differ materially, not just in packaging or labeling, but also in the quality-control protocols that each version goes through before reaching a patient, challenges the basic argument that these alternative funding programs have used to support their business model.
#gild
1 day ago
Originally appeared on E! Online
Nicole Kidman and her daughter Faith Margaret are causing a racquet with their fashion.
Indeed, the Oscar winner and her 15-year-old daughter—whom she shares with ex Keith Urban—served stylish looks during a rare mother-daughter outing at the 2026 US Open in New York City on Sept. 11.
For the courtside appearance, Nicole—also mom to daughter Sunday Rose, 18, with Keith—traded her whimsical Practical Magic 2 press tour gowns for a casual chic preppy ensemble, wearing a light blue ****** on-down shirt, denim jeans and sneakers. She paired the look with a taupe handbag.
Meanwhile, Faith—who is nearly as tall as her 5'11 mom—donned a dark red polka-dotted slip dress and sandals. The teen accessorized her fun dress with light brown sandals and a white cardigan, which she had draped over her shoulders and knotted in the middle. Faith finished off her look with a brown shoulder bag and sunglasses on top of her head.
#daughter #faith #look #brown
Nicole Kidman and her daughter Faith Margaret are causing a racquet with their fashion.
Indeed, the Oscar winner and her 15-year-old daughter—whom she shares with ex Keith Urban—served stylish looks during a rare mother-daughter outing at the 2026 US Open in New York City on Sept. 11.
For the courtside appearance, Nicole—also mom to daughter Sunday Rose, 18, with Keith—traded her whimsical Practical Magic 2 press tour gowns for a casual chic preppy ensemble, wearing a light blue ****** on-down shirt, denim jeans and sneakers. She paired the look with a taupe handbag.
Meanwhile, Faith—who is nearly as tall as her 5'11 mom—donned a dark red polka-dotted slip dress and sandals. The teen accessorized her fun dress with light brown sandals and a white cardigan, which she had draped over her shoulders and knotted in the middle. Faith finished off her look with a brown shoulder bag and sunglasses on top of her head.
#daughter #faith #look #brown
1 day ago
Six weeks after AI bets nearly wrecked his hedge fund, Leopold Aschenbrenner is putting money into the same companies again. His hedge fund, Situational Awareness, bought call options on AMD, Bloom Energy, CoreWeave, SK Hynix and SanDisk, CNBC reported, citing sources. The trades ran from late last week into this week.
The former OpenAI researcher became famous for a 2024 essay arguing that AI could reach human-level intelligence by 2027. He built an investment business around that belief, backing companies supplying the computing capacity and electricity AI needs.
July exposed how dangerous that bet had become. Borrowed money magnified falling share prices, triggering demands for cash the fund could not meet. **** ets shrank from a peak above $45 billion to roughly $10 billion, according to CNBC.
Ken Griffin's Citadel bought distressed holdings at a discount. Situational Awareness kept private investments, including Anthropic. The SEC later subpoenaed Wall Street banks over their dealings with the fund. The reported inquiry carried no allegation of wrongdoing.
His return uses call options: contracts that let buyers purchase shares at a fixed price before a deadline. When paid for upfront without borrowing, their losses are capped at the purchase cost. That entire amount can still disappear if the options expire worthless.
#bought #call
The former OpenAI researcher became famous for a 2024 essay arguing that AI could reach human-level intelligence by 2027. He built an investment business around that belief, backing companies supplying the computing capacity and electricity AI needs.
July exposed how dangerous that bet had become. Borrowed money magnified falling share prices, triggering demands for cash the fund could not meet. **** ets shrank from a peak above $45 billion to roughly $10 billion, according to CNBC.
Ken Griffin's Citadel bought distressed holdings at a discount. Situational Awareness kept private investments, including Anthropic. The SEC later subpoenaed Wall Street banks over their dealings with the fund. The reported inquiry carried no allegation of wrongdoing.
His return uses call options: contracts that let buyers purchase shares at a fixed price before a deadline. When paid for upfront without borrowing, their losses are capped at the purchase cost. That entire amount can still disappear if the options expire worthless.
#bought #call
1 day ago
Arrow Electronics (ARW) stock has gained about 50% over the past six months and then stopped. It has slipped 1.0% over the past three months and trades roughly 9% below its 52-week high. Underneath the run is a machine that pays owners whether or not the price moves: a shrinking share count. It is shrinking more slowly now, and that changes what you are buying.
How Did Arrow Pay You While Its Profit Went Nowhere?
Over the past three years, Arrow's net income grew 0.7% a year on average while earnings per share grew 4.7% a year on average. Most of that gap is arithmetic: it retired about 3.3% of its shares a year on average, so each surviving share held a bigger claim on the same profit. Owners got a bigger slice for doing nothing.
Arrow returned 69% over those three years, about 19.0% a year, and still trailed the 76% the S&P 500 returned over the same span. The stock was up 85% at its three-year peak before giving some back. Retiring shares was one driver of that, alongside earnings growth and a changing multiple.
Can Arrow Afford A Bigger Buyback?
#Share #owners
How Did Arrow Pay You While Its Profit Went Nowhere?
Over the past three years, Arrow's net income grew 0.7% a year on average while earnings per share grew 4.7% a year on average. Most of that gap is arithmetic: it retired about 3.3% of its shares a year on average, so each surviving share held a bigger claim on the same profit. Owners got a bigger slice for doing nothing.
Arrow returned 69% over those three years, about 19.0% a year, and still trailed the 76% the S&P 500 returned over the same span. The stock was up 85% at its three-year peak before giving some back. Retiring shares was one driver of that, alongside earnings growth and a changing multiple.
Can Arrow Afford A Bigger Buyback?
#Share #owners
1 day ago
HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, said it has exceeded $1 million in daily revenue on Aug. 21.
The milestone combined income from Bitcoin mining and GPU cloud services for the first time at that level, according to preliminary, unaudited management estimates.
Since that date, the company has produced an average of approximately 12 Bitcoin per day, representing roughly 2% of global Bitcoin network production.
Its GPU cloud operations, run through wholly owned subsidiary BUZZ HPC, a sovereign AI cloud and high-performance computing provider, have generated approximately $100,000 in average daily revenue over the same period.
Related: Man declares bankruptcy with 34 cents while hiding millions
#Bitcoin #hive #daily #average
The milestone combined income from Bitcoin mining and GPU cloud services for the first time at that level, according to preliminary, unaudited management estimates.
Since that date, the company has produced an average of approximately 12 Bitcoin per day, representing roughly 2% of global Bitcoin network production.
Its GPU cloud operations, run through wholly owned subsidiary BUZZ HPC, a sovereign AI cloud and high-performance computing provider, have generated approximately $100,000 in average daily revenue over the same period.
Related: Man declares bankruptcy with 34 cents while hiding millions
#Bitcoin #hive #daily #average
1 day ago
During the September 8 episode of Mad Money, Jim Cramer turned his attention to Enbridge Inc. (NYSE:ENB), examining escalating geopolitical tensions. He commented:
As long as the war with Iran drags on, it's easy to recommend the refiners like a Valero or a Marathon. I don't see it ending any time soon, not with the US and Iran trading volleys this evening at islands and ships in the Strait. But how about a pipeline that moves about 30% of all crude produced in North America? Now, I'm talking about Enbridge which has a 5.5% yield. Also has a natural gas, you know, it transports 20% of the natural gas that's consumed in America. Okay, it's Canadian, but it's not caught up in the tariff fight because slapping tariffs on Canadian energy would be economic suicide for our country.
Cramer's focus on Enbridge Inc. (NYSE:ENB) highlights the structural dominance of its midstream network. The company operates as a significant transport network for North American energy, moving approximately 30% of all crude produced on the continent. Moreover, its vast utility and transmission network handles 20% of the natural gas consumed in the United States. The company's toll-road business model generates highly predictable cash flows, supporting an attractive dividend yield of roughly 5.6%. For income-focused investors, the combination of essential operational volume and reliable capital return creates a defensive cushion during volatile market cycles.
The company's defensive moat goes into cross-border trade and regional security. As Cramer pointed out, imposing punitive tariffs on Canadian energy imports would amount to severe economic self-harm for the United States, given the deep interdependence of North American energy grids.
Even with steady toll revenues, Enbridge Inc. (NYSE:ENB) carries a heavy debt load that comes with the territory of running massive pipeline networks, with long-term debt sitting at approximately C$104 billion. Because building and maintaining energy infrastructure requires heavy borrowing, higher interest rates hit financing costs, which can occasionally weigh on income-seeking investors.
#enbridge #natural #Iran #America
As long as the war with Iran drags on, it's easy to recommend the refiners like a Valero or a Marathon. I don't see it ending any time soon, not with the US and Iran trading volleys this evening at islands and ships in the Strait. But how about a pipeline that moves about 30% of all crude produced in North America? Now, I'm talking about Enbridge which has a 5.5% yield. Also has a natural gas, you know, it transports 20% of the natural gas that's consumed in America. Okay, it's Canadian, but it's not caught up in the tariff fight because slapping tariffs on Canadian energy would be economic suicide for our country.
Cramer's focus on Enbridge Inc. (NYSE:ENB) highlights the structural dominance of its midstream network. The company operates as a significant transport network for North American energy, moving approximately 30% of all crude produced on the continent. Moreover, its vast utility and transmission network handles 20% of the natural gas consumed in the United States. The company's toll-road business model generates highly predictable cash flows, supporting an attractive dividend yield of roughly 5.6%. For income-focused investors, the combination of essential operational volume and reliable capital return creates a defensive cushion during volatile market cycles.
The company's defensive moat goes into cross-border trade and regional security. As Cramer pointed out, imposing punitive tariffs on Canadian energy imports would amount to severe economic self-harm for the United States, given the deep interdependence of North American energy grids.
Even with steady toll revenues, Enbridge Inc. (NYSE:ENB) carries a heavy debt load that comes with the territory of running massive pipeline networks, with long-term debt sitting at approximately C$104 billion. Because building and maintaining energy infrastructure requires heavy borrowing, higher interest rates hit financing costs, which can occasionally weigh on income-seeking investors.
#enbridge #natural #Iran #America
1 day ago
Updated Sept. 11, 2026 3:56 pm ET
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(2 min)
1554 ET – U.S. Treasury yields ended the week higher, with the 10-year yield almost reaching 5% before next week’s Federal Reserve meeting. The Consumer Price Index report from the Labor Department increased rate hike expectations to over 90%, according to CME’s FedWatch tool. The 2-year yield rose 0.263 percentage point this week to 4.642%. The 10-year yield rose 0.191 percentage point to 4.974% , hitting its highest yield since October 2023 this Friday. The 30-year yield rose 0.108 percentage point for the week to 5.354%. (jessica.coacciwsj.com)
1500 ET – The U.S. 10-year Treasury yield is edging back up toward 5% amid a sharp bond sell-off, erasing some of the earlier declines following the Labor Department’s release of August CPI data. The U.S. 10-year yield trades at 4.975% near its highest level of the day and at its highest intraday yield since October 2023. The U.S. 2-year yield still trades around 4.644%. (jessica.coacciwsj.com)
#week #rose #percentage #labor
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(2 min)
1554 ET – U.S. Treasury yields ended the week higher, with the 10-year yield almost reaching 5% before next week’s Federal Reserve meeting. The Consumer Price Index report from the Labor Department increased rate hike expectations to over 90%, according to CME’s FedWatch tool. The 2-year yield rose 0.263 percentage point this week to 4.642%. The 10-year yield rose 0.191 percentage point to 4.974% , hitting its highest yield since October 2023 this Friday. The 30-year yield rose 0.108 percentage point for the week to 5.354%. (jessica.coacciwsj.com)
1500 ET – The U.S. 10-year Treasury yield is edging back up toward 5% amid a sharp bond sell-off, erasing some of the earlier declines following the Labor Department’s release of August CPI data. The U.S. 10-year yield trades at 4.975% near its highest level of the day and at its highest intraday yield since October 2023. The U.S. 2-year yield still trades around 4.644%. (jessica.coacciwsj.com)
#week #rose #percentage #labor
1 day ago
Lululemon Athletica Inc. (NASDAQ:LULU) recently issued its second guidance cut of the year, and investors responded immediately by sending shares down roughly 18%. That selloff came despite an EPS beat, but the headline result was heavily supported by a tariff refund rather than underlying business strength. Brand sentiment, traffic, and leggings sales are all weakening across the company's two largest markets. The key issue for investors is no longer whether the quarter was weak, but whether the stock's low valuation and new CEO can provide the catalyst for a meaningful recovery.
Lululemon shares dropped 18% after the company lowered its full-year guidance for the second time this year. Revenue is now projected to range from $10.35 billion to $10.5 billion, while EPS guidance was reduced to $9.48 to $9.73. Both represent sharp reductions from its earlier guidance ranges. Second-quarter revenue was particularly weak, falling 4% to $2.4 billion and coming in below consensus estimates, while comparable sales dropped 9%, or 10% on a constant-dollar basis. According to the company, negative commentary had affected traffic in both the U.S. and China, while leggings sales slowed more than expected. Although reported EPS beat estimates, nearly all of that upside came from an $0.86 per share tariff refund. For the third quarter, management expects revenue to decline another 10% to 11%.
Lululemon still has several financial advantages that could support the business through its current slowdown. The company has no outstanding borrowings and maintains $1.4 billion in cash. First-half operating cash flow climbed to $589 million, more than double the prior year. Inventory per unit also declined roughly 7% year over year, reducing the risk of a margin-damaging clearance event. Meanwhile, shares have fallen over 50% year-to-date and now trade at a historically depressed valuation, potentially creating an out-of-favor-setup for investors. At the same time, management continued its buyback program, repurchasing $330 million worth of shares during the quarter.
The weakness in traffic and leggings sales cannot be ignored, and both remain serious concerns. However, the company has a debt-free balance sheet, stronger cash generation, and a valuation that already reflects much of the recent bad news. That gives Lululemon room to prove that its current struggles are mainly execution-related rather than signs of a structural decline.
#year #shares #company
Lululemon shares dropped 18% after the company lowered its full-year guidance for the second time this year. Revenue is now projected to range from $10.35 billion to $10.5 billion, while EPS guidance was reduced to $9.48 to $9.73. Both represent sharp reductions from its earlier guidance ranges. Second-quarter revenue was particularly weak, falling 4% to $2.4 billion and coming in below consensus estimates, while comparable sales dropped 9%, or 10% on a constant-dollar basis. According to the company, negative commentary had affected traffic in both the U.S. and China, while leggings sales slowed more than expected. Although reported EPS beat estimates, nearly all of that upside came from an $0.86 per share tariff refund. For the third quarter, management expects revenue to decline another 10% to 11%.
Lululemon still has several financial advantages that could support the business through its current slowdown. The company has no outstanding borrowings and maintains $1.4 billion in cash. First-half operating cash flow climbed to $589 million, more than double the prior year. Inventory per unit also declined roughly 7% year over year, reducing the risk of a margin-damaging clearance event. Meanwhile, shares have fallen over 50% year-to-date and now trade at a historically depressed valuation, potentially creating an out-of-favor-setup for investors. At the same time, management continued its buyback program, repurchasing $330 million worth of shares during the quarter.
The weakness in traffic and leggings sales cannot be ignored, and both remain serious concerns. However, the company has a debt-free balance sheet, stronger cash generation, and a valuation that already reflects much of the recent bad news. That gives Lululemon room to prove that its current struggles are mainly execution-related rather than signs of a structural decline.
#year #shares #company
1 day ago
Investment manager Jim Chanos is the founder of Kynikos ***** ociates, a New York City-registered investment advisor focused on short selling.
He is best known for predicting the fall of the major energy company Enron before its bankruptcy in 2001, with Kynikos profiting from its massive short position.
The trade turned Chanos into a legendary figure at Wall Street. The investor just now sent a harsh warning on artificial intelligence (AI) trends.
Related: HIVE chair dismisses Anthropic researcher's AI extinction warning
IREN Limited (Nasdaq: IREN) is a data infrastructure company that began as a Bitcoin miner. But it began focusing on building AI capacities, though mining is still a major business area.
#iren #company #began #associates
He is best known for predicting the fall of the major energy company Enron before its bankruptcy in 2001, with Kynikos profiting from its massive short position.
The trade turned Chanos into a legendary figure at Wall Street. The investor just now sent a harsh warning on artificial intelligence (AI) trends.
Related: HIVE chair dismisses Anthropic researcher's AI extinction warning
IREN Limited (Nasdaq: IREN) is a data infrastructure company that began as a Bitcoin miner. But it began focusing on building AI capacities, though mining is still a major business area.
#iren #company #began #associates
1 day ago
Updated Sept. 11, 2026 3:51 pm ET
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(3 min)
1547 ET – U.S. natural gas futures end the week lower as the market enters the shoulder season where summer cooling demand tapers off before early-season heating demand starts to kick in. Last week’s 40 Bcf storage injection was bigger than expected, but smaller than average, leaving inventories 148 Bcf above the five-year average. “Elevated production and falling power demand point to larger injections ahead, leaving firm LNG demand as the main counterweight to the seasonal loosening,” Gelber & ***** ociates says in a note. Nymex front-month gas settles down 0.1% at $2.831/mmBtu for a 4.8% loss on the week.(anthony.harrupwsj.com)
0951 ET – U.S. natural gas futures are giving back yesterday’s small gains and on track for weekly losses as summer ends and cooling demand is set to ease into the autumn. Futures “remain in a sell-the-strength type trade,” Dennis Kissler of BOK Financial says in a note. “While the fundamentals still favor the bears, the market seems to be well supported near the $2.75-$2.70 area.” Nymex natural gas for October delivery is off 0.7% at $2.813/mmBtu.(anthony.harrupwsj.com)
#market #summer #average
Listen
(3 min)
1547 ET – U.S. natural gas futures end the week lower as the market enters the shoulder season where summer cooling demand tapers off before early-season heating demand starts to kick in. Last week’s 40 Bcf storage injection was bigger than expected, but smaller than average, leaving inventories 148 Bcf above the five-year average. “Elevated production and falling power demand point to larger injections ahead, leaving firm LNG demand as the main counterweight to the seasonal loosening,” Gelber & ***** ociates says in a note. Nymex front-month gas settles down 0.1% at $2.831/mmBtu for a 4.8% loss on the week.(anthony.harrupwsj.com)
0951 ET – U.S. natural gas futures are giving back yesterday’s small gains and on track for weekly losses as summer ends and cooling demand is set to ease into the autumn. Futures “remain in a sell-the-strength type trade,” Dennis Kissler of BOK Financial says in a note. “While the fundamentals still favor the bears, the market seems to be well supported near the $2.75-$2.70 area.” Nymex natural gas for October delivery is off 0.7% at $2.813/mmBtu.(anthony.harrupwsj.com)
#market #summer #average
1 day ago
ST. PETERSBURG, Fla. - A second straight game without Yordan Alvarez reinforced a reality. The Houston Astros need more consistent sources of offense, with time running short for them to emerge.
A lineup missing its leading threat mustered five hits in a 3-2 loss to the Tampa Bay Rays on Saturday, undermining a determined start by right-hander Peter Lambert and ensuring a series loss to the American League's first playoff entrant at Tropicana Field.
The Astros, who entered with the fifth-fewest runs in the majors since the Aug. 3 trade deadline, scored three or fewer for the 21st time in 35 games in that stretch. The offensive downturn might be presenting a direr threat to their playoff hopes if not for an inept division. The loss left Houston with a 2 ½-game AL West lead over the Rangers, who entered the day four games under .500, pending Texas' result.
The Astros are 75-74 with 13 games remaining on their schedule. Yainer Diaz had three of their five hits Saturday, including a run-scoring single in the sixth inning. Isaac Paredes' solo home run in the first against Rays starter Ian Seymour, who worked six strong frames, provided their only other run. Houston hitters were 2-for-6 with runners in scoring position and stranded six men on base.
The first was Seymour's rockiest inning, as three straight batters reached. Daulton Varsho and Christian Walker struck out to defuse the threat. Richie Palacios' two-run single wrought the first blemish against Lambert in his six-plus innings. Nick Madrigal broke a 2-2 tie for the Rays with a pinch-hit sacrifice fly in the bottom of the seventh.
#houston #astros #rays #lambert
A lineup missing its leading threat mustered five hits in a 3-2 loss to the Tampa Bay Rays on Saturday, undermining a determined start by right-hander Peter Lambert and ensuring a series loss to the American League's first playoff entrant at Tropicana Field.
The Astros, who entered with the fifth-fewest runs in the majors since the Aug. 3 trade deadline, scored three or fewer for the 21st time in 35 games in that stretch. The offensive downturn might be presenting a direr threat to their playoff hopes if not for an inept division. The loss left Houston with a 2 ½-game AL West lead over the Rangers, who entered the day four games under .500, pending Texas' result.
The Astros are 75-74 with 13 games remaining on their schedule. Yainer Diaz had three of their five hits Saturday, including a run-scoring single in the sixth inning. Isaac Paredes' solo home run in the first against Rays starter Ian Seymour, who worked six strong frames, provided their only other run. Houston hitters were 2-for-6 with runners in scoring position and stranded six men on base.
The first was Seymour's rockiest inning, as three straight batters reached. Daulton Varsho and Christian Walker struck out to defuse the threat. Richie Palacios' two-run single wrought the first blemish against Lambert in his six-plus innings. Nick Madrigal broke a 2-2 tie for the Rays with a pinch-hit sacrifice fly in the bottom of the seventh.
#houston #astros #rays #lambert
1 day ago
LONDON, Sept 11 (Reuters) - Intelligence services must not dwell too much on past threats but accept that a new strategic shock along the lines of the 9/11 attacks could already be in preparation where they are not looking, the head of Britain's MI5 spy agency said.
In an opinion piece published on Friday to mark 25 years since al Qaeda militants crashed hijacked passenger jets into the World Trade Center in New York and the Pentagon, MI5's Director General Ken McCallum said security agencies had to be ready to adapt to current and future challenges.
"We know that the next strategic shock will, by definition, not resemble the last one. That is perhaps the most important lesson of all," McCallum wrote in the commentary for the Independent newspaper.
"We must of course always learn from the last attack – but must beware of preparing brilliantly to fight yesterday's enemy, using yesterday's methods, against yesterday's target ... The uncomfortable truth is that the next strategic shock may already be taking shape somewhere we are not yet looking."
Al Qaeda, though diminished, remains a threat, as does the aspiration of that group and other militants for mass casualty attacks, McCallum said.
#next
In an opinion piece published on Friday to mark 25 years since al Qaeda militants crashed hijacked passenger jets into the World Trade Center in New York and the Pentagon, MI5's Director General Ken McCallum said security agencies had to be ready to adapt to current and future challenges.
"We know that the next strategic shock will, by definition, not resemble the last one. That is perhaps the most important lesson of all," McCallum wrote in the commentary for the Independent newspaper.
"We must of course always learn from the last attack – but must beware of preparing brilliantly to fight yesterday's enemy, using yesterday's methods, against yesterday's target ... The uncomfortable truth is that the next strategic shock may already be taking shape somewhere we are not yet looking."
Al Qaeda, though diminished, remains a threat, as does the aspiration of that group and other militants for mass casualty attacks, McCallum said.
#next
1 day ago
US stocks rose on Friday as investors digested the Consumer Price Index data, which showed inflation remained sticky and cemented bets that the Federal Reserve will hike interest rates next week.
The Dow Industrial Average (^DJI) and tech-heavy Nasdaq Composite (^IXIC) rose 0.9% while the S&P 500 (^GSPC) rose 0.8%. The major indexes posted weekly declines, however, after a four-day losing streak.
Investors turned their attention to the Consumer Price Index, the last piece of inflation data before Federal Reserve policymakers convene next week. Overall prices rose 0.4% on a monthly basis and 3.4% on an annual basis, which were in line with economists' expectations and slightly hotter than July's reading.
But after stripping out volatile food and energy prices, the Fed's preferred reading, CPI rose 0.3%, compared to estimates for 0.2%.
Friday's CPI report prompted traders to ramp up their bets that the Fed will raise interest rates this month. Markets are now pricing in a roughly 87% chance the Fed raises interest rates by 25 basis points at the FOMC meeting next week, according to the CME's Fedwatch tool. That's up from 72% a day ago and 50% a week ago.
#week #next
The Dow Industrial Average (^DJI) and tech-heavy Nasdaq Composite (^IXIC) rose 0.9% while the S&P 500 (^GSPC) rose 0.8%. The major indexes posted weekly declines, however, after a four-day losing streak.
Investors turned their attention to the Consumer Price Index, the last piece of inflation data before Federal Reserve policymakers convene next week. Overall prices rose 0.4% on a monthly basis and 3.4% on an annual basis, which were in line with economists' expectations and slightly hotter than July's reading.
But after stripping out volatile food and energy prices, the Fed's preferred reading, CPI rose 0.3%, compared to estimates for 0.2%.
Friday's CPI report prompted traders to ramp up their bets that the Fed will raise interest rates this month. Markets are now pricing in a roughly 87% chance the Fed raises interest rates by 25 basis points at the FOMC meeting next week, according to the CME's Fedwatch tool. That's up from 72% a day ago and 50% a week ago.
#week #next
1 day ago
LOS ANGELES -- The Phoenix Mercury visited the Los Angeles Sparks last month at the Galen Center in the University of Southern California. A lot changed from their visit before that a couple of weeks before to their game at USC.
For Kahleah Copper, a lot changed for her as well. Hours after their game against the Sparks on July 22nd, Copper was named to the All-Star team as she replaced her friend, then-Sparks guard Kelsey Plum.
About a week after All-Star weekend, Plum was traded to the Mercury and the friends were suddenly teammates.
"(Plum brought) her energy, her vibes, her leadership, her championship experience (to the team)," Copper said before their game against the Sparks at USC. "She knows what it takes to win. I'm glad to play alongside with her."
As for All-Star Weekend after expecting to get some rest?
#copper #game #changed
For Kahleah Copper, a lot changed for her as well. Hours after their game against the Sparks on July 22nd, Copper was named to the All-Star team as she replaced her friend, then-Sparks guard Kelsey Plum.
About a week after All-Star weekend, Plum was traded to the Mercury and the friends were suddenly teammates.
"(Plum brought) her energy, her vibes, her leadership, her championship experience (to the team)," Copper said before their game against the Sparks at USC. "She knows what it takes to win. I'm glad to play alongside with her."
As for All-Star Weekend after expecting to get some rest?
#copper #game #changed
1 day ago
ChargePoint (CHPT) surged 39% YTD to $9.20, with the entire gain compressed into the past month alone.
Peers Blink Charging (BLNK) and EVgo (EVGO) are down 18% and 53% YTD, leaving ChargePoint's rally entirely without peer support.
Breaking $10 requires the same concentrated buyers to keep absorbing supply, and no broad charging market recovery will carry it there on its own.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and ChargePoint didn't make the cut. Enter your email to see the names that beat CHPT. The report is free. Enter your email and see if any of your stocks made the cut.
ChargePoint Holdings (NYSE:CHPT) stock is up 38% year to date (YTD) and trades at $9.18 midday Friday, putting the EV-charging name within striking distance of $10. ChargePoint stock is up 46% over the past month, which means the entire 2026 advance has arrived inside the last four weeks. That timing turns a routine year-to-date figure into a concentrated story about one stock's recent bid.
#Stock
Peers Blink Charging (BLNK) and EVgo (EVGO) are down 18% and 53% YTD, leaving ChargePoint's rally entirely without peer support.
Breaking $10 requires the same concentrated buyers to keep absorbing supply, and no broad charging market recovery will carry it there on its own.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and ChargePoint didn't make the cut. Enter your email to see the names that beat CHPT. The report is free. Enter your email and see if any of your stocks made the cut.
ChargePoint Holdings (NYSE:CHPT) stock is up 38% year to date (YTD) and trades at $9.18 midday Friday, putting the EV-charging name within striking distance of $10. ChargePoint stock is up 46% over the past month, which means the entire 2026 advance has arrived inside the last four weeks. That timing turns a routine year-to-date figure into a concentrated story about one stock's recent bid.
#Stock
1 day ago
AbbVie (ABBV) grew revenue 10.4% over the past twelve months and turned 33.9% of it into operating profit, second only to Eli Lilly among its peers on both counts. Its stock returned 24.9% over the same twelve months, fifth of the six. What the business delivered and what the market paid for it have come apart.
Johnson & Johnson makes the contrast sharpest. JNJ grew revenue 8.1% over the same twelve months on an operating margin of 26.8%—edging out Pfizer's 26.7%—while its stock returned 53.9%. It also trades at 30.5 times earnings, where AbbVie trades at 71.5.
ABBV
JNJ
PFE
#abbvie #grew #operating
Johnson & Johnson makes the contrast sharpest. JNJ grew revenue 8.1% over the same twelve months on an operating margin of 26.8%—edging out Pfizer's 26.7%—while its stock returned 53.9%. It also trades at 30.5 times earnings, where AbbVie trades at 71.5.
ABBV
JNJ
PFE
#abbvie #grew #operating
1 day ago
Salesforce (CRM) trades at 20.6 times earnings, below the S&P 500 median of 22.6, after losing 2.8% over the past twelve months while the index gained 17.9%. A profitable software company priced under the market is the setup value buyers wait for. The question is whether that is a good business on sale or a fair price for a legacy platform facing disintermediation from next-generation AI architectures.
Salesforce sells the customer relationship software that companies run their sales and service teams on, and it owns Slack. Deutsche Telekom and FIFA both expanded their AI spending with Salesforce in fiscal Q2 2027. Revenue over the trailing twelve months was $43.94 billion, up 11.2%. The three-year average revenue growth rate is 9.9% a year—ahead of the S&P 500 median of 8.3%—making the last twelve months the faster of the two.
Free cash flow over the same window was $15.15 billion, a 7.6% yield on the market value. Operating margin over those twelve months is 21.5% against an S&P 500 median of 18.6%, and the margin did not thin against the year before.
Free cash flow in fiscal Q2 2027 was $1.1 billion, up 81% from a year earlier. That is one quarter. For the whole of fiscal 2027 management guides free cash flow growth of 4% to 5%, against revenue guided up 11% to 12%, so cash is set to grow at less than half the pace of the top line.
License revenue is a headwind and integration and ******* ytics revenue is volatile, management says, though both only partially offset growth in the newer lines. Near $243, the stock is just 8% off its 52-week high, though it remains about 33% below its two-year peak of $363.22: while the recent rally closed the immediate valuation gap, the longer-term discount reflects that structural hesitation hasn't fully cleared.
#cash #billion
Salesforce sells the customer relationship software that companies run their sales and service teams on, and it owns Slack. Deutsche Telekom and FIFA both expanded their AI spending with Salesforce in fiscal Q2 2027. Revenue over the trailing twelve months was $43.94 billion, up 11.2%. The three-year average revenue growth rate is 9.9% a year—ahead of the S&P 500 median of 8.3%—making the last twelve months the faster of the two.
Free cash flow over the same window was $15.15 billion, a 7.6% yield on the market value. Operating margin over those twelve months is 21.5% against an S&P 500 median of 18.6%, and the margin did not thin against the year before.
Free cash flow in fiscal Q2 2027 was $1.1 billion, up 81% from a year earlier. That is one quarter. For the whole of fiscal 2027 management guides free cash flow growth of 4% to 5%, against revenue guided up 11% to 12%, so cash is set to grow at less than half the pace of the top line.
License revenue is a headwind and integration and ******* ytics revenue is volatile, management says, though both only partially offset growth in the newer lines. Near $243, the stock is just 8% off its 52-week high, though it remains about 33% below its two-year peak of $363.22: while the recent rally closed the immediate valuation gap, the longer-term discount reflects that structural hesitation hasn't fully cleared.
#cash #billion
1 day ago
Boston Scientific (BSX) trades at about $43, roughly 17% below the recent high it set on 19th Aug, 2026. Its own history with sharp drops is encouraging. That history does not cover a cyberattack it says is likely to hit its 2026 results, and the stock is down about 60% over the past twelve months. Start with the history.
Since 2010, Boston Scientific has fallen 20% or more inside 30 trading days six times. Four are old enough to have a full year behind them, and all four ended higher twelve months later, at a median gain of 18%. The two most recent are too young to have a one-year result.
Collecting that gain was uncomfortable. Among those four, the median buyer sat through a further 17% decline first, and the worst further fall in the whole record was 44%. The median peak gain of 30% took about 226 days to arrive, close to seven and a half months. Waiting, not timing, is what that history rewards.
The record behind those medians is below.
BSX had 6 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered
#months #boston #scientific
Since 2010, Boston Scientific has fallen 20% or more inside 30 trading days six times. Four are old enough to have a full year behind them, and all four ended higher twelve months later, at a median gain of 18%. The two most recent are too young to have a one-year result.
Collecting that gain was uncomfortable. Among those four, the median buyer sat through a further 17% decline first, and the worst further fall in the whole record was 44%. The median peak gain of 30% took about 226 days to arrive, close to seven and a half months. Waiting, not timing, is what that history rewards.
The record behind those medians is below.
BSX had 6 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered
#months #boston #scientific
1 day ago
Updated Sept. 11, 2026 2:42 pm ET
Listen
(3 min)
1420 ET – Gold futures hold steady as a pullback in oil prices helps offset the impact of an inflation report that increased expectations for a Fed interest-rate rise next week. Front-month gold settles little changed on the day in New York at $4,366.20 a troy ounce, and is down 1.4% for the week. Gold and silver remain within a range of strong support, says Peter Cardillo of Spartan Capital, and if the Fed does raise interest rates next week “it’s symbolic since the bond market had already tightened.” Silver settles up 0.4% at $64.554 a troy ounce, down 2.3% from a week ago. (anthony.harrupwsj.com)
1306 GMT – Gold prices rebounded after oil prices fell more than 2.5%, easing some inflationary concerns. Futures in New York rise 0.3% to $4,422.40 a troy ounce, but remain on track for a weekly loss. U.S. consumer prices accelerated in August, bolstering market expectations that the Federal Reserve could raise interest rates next week. According to the FedWatch tool, traders are now pricing in a nearly 87% probability that the U.S. central bank will raise interest rates next week, from around 67% earlier on Friday. Still, “while the markets appear to be placing their proverbial bets on a hike, it’s likely that members of the FOMC won’t be quite as unequivocal,” says Kyle Rodda from Capital.com. “The doves on the committee, of which there are many, are likely to argue the case that the dip in annual core inflation justifies patience.” (giulia.petroniwsj.com)
#week #Gold #next #rates
Listen
(3 min)
1420 ET – Gold futures hold steady as a pullback in oil prices helps offset the impact of an inflation report that increased expectations for a Fed interest-rate rise next week. Front-month gold settles little changed on the day in New York at $4,366.20 a troy ounce, and is down 1.4% for the week. Gold and silver remain within a range of strong support, says Peter Cardillo of Spartan Capital, and if the Fed does raise interest rates next week “it’s symbolic since the bond market had already tightened.” Silver settles up 0.4% at $64.554 a troy ounce, down 2.3% from a week ago. (anthony.harrupwsj.com)
1306 GMT – Gold prices rebounded after oil prices fell more than 2.5%, easing some inflationary concerns. Futures in New York rise 0.3% to $4,422.40 a troy ounce, but remain on track for a weekly loss. U.S. consumer prices accelerated in August, bolstering market expectations that the Federal Reserve could raise interest rates next week. According to the FedWatch tool, traders are now pricing in a nearly 87% probability that the U.S. central bank will raise interest rates next week, from around 67% earlier on Friday. Still, “while the markets appear to be placing their proverbial bets on a hike, it’s likely that members of the FOMC won’t be quite as unequivocal,” says Kyle Rodda from Capital.com. “The doves on the committee, of which there are many, are likely to argue the case that the dip in annual core inflation justifies patience.” (giulia.petroniwsj.com)
#week #Gold #next #rates
1 day ago
All eyes are on the Fed with another higher than expected reading for core inflation. Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific, talks with host Brad Roth on this episode of Behind the Ticker about why the new Fed Chair stepping into an environment of high inflation matters for investors and bonds, and what that means for how the firm is positioning their strategies that include three new ETFs, the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
1 day ago
Greg Abel took over as CEO of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) at the start of 2026. Former CEO Warren Buffett left Abel a huge gift: nearly $400 billion in cash on the company's balance sheet. Abel has put some of that cash to work buying Taylor Morrison Home, and some has been spent on publicly traded stock investments. However, Abel has also decided to buy back Berkshire Hathaway stock. That could be a positive sign. Here's why.
Under Warren Buffett, Berkshire Hathaway didn't make a habit of buying back stock. The world-famous investor preferred to put cash to work by buying shares in other companies or buying companies outright. When he did buy back Berkshire Hathaway stock, it was because he believed the shares were undervalued.
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 »
This dynamic is clearly explained in the company's 2025 10k, where the company states: "Berkshire's common stock repurchase program currently permits Berkshire to repurchase shares any time that Berkshire's Chief Executive Officer, after consultation with the Chairman of the Board, believes that the repurchase price is below Berkshire's intrinsic value, conservatively determined." The only limit on repurchase activity is that it can't reduce the company's cash and short-term investment balance below $30 billion.
Some market watchers had hypothesized that Berkshire Hathaway bought as much as $11 billion of its own stock in the second quarter, but the real number turned out to be roughly $4.5 billion. That said, the number was still quite large and, even then, given the huge cash balance the company has, it didn't put the company anywhere near the $30 billion cash limitation.
#Stock
Under Warren Buffett, Berkshire Hathaway didn't make a habit of buying back stock. The world-famous investor preferred to put cash to work by buying shares in other companies or buying companies outright. When he did buy back Berkshire Hathaway stock, it was because he believed the shares were undervalued.
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 »
This dynamic is clearly explained in the company's 2025 10k, where the company states: "Berkshire's common stock repurchase program currently permits Berkshire to repurchase shares any time that Berkshire's Chief Executive Officer, after consultation with the Chairman of the Board, believes that the repurchase price is below Berkshire's intrinsic value, conservatively determined." The only limit on repurchase activity is that it can't reduce the company's cash and short-term investment balance below $30 billion.
Some market watchers had hypothesized that Berkshire Hathaway bought as much as $11 billion of its own stock in the second quarter, but the real number turned out to be roughly $4.5 billion. That said, the number was still quite large and, even then, given the huge cash balance the company has, it didn't put the company anywhere near the $30 billion cash limitation.
#Stock
1 day ago
ETH is enjoying another stretch of relative strength, trading up as much as 7% this morning above $2,600, and still running around +4% on the day at the time of writing.
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
1 day ago
Updated Sept 11, 2026, 2:04 pm EDT / Original Sept 11, 2026, 7:35 am EDT
Shares of Micron Technology
MU
-0.22%
rose on Friday but were still on pace to end the week in the red even as Oracle
ORCL
-1.74%
reported a key metric that boosted artificial-intelligence trade stocks.
MU
-0.22%
ORCL
#updated #technology #Friday #rose
Shares of Micron Technology
MU
-0.22%
rose on Friday but were still on pace to end the week in the red even as Oracle
ORCL
-1.74%
reported a key metric that boosted artificial-intelligence trade stocks.
MU
-0.22%
ORCL
#updated #technology #Friday #rose
1 day ago
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An option contract's price rarely moves for just one reason. The stock shifts, time keeps passing, expectations for volatility rise and fall, and interest rates maintain their influence in the background. All of that gets folded into the cost of the contract, known as its premium. This makes it hard to tell which force actually moved the number on your screen.
The options Greeks can help you solve that problem. Each one estimates how an option's value would respond to a change in one input, such as the stock price, time, or volatility, with the others held constant.
Let's follow a real contract to see how. Nvidia (NVDA) is one of the most actively traded stocks in the options market, which makes its chain a useful place to watch these numbers work. The stock was trading at $212.26 at the time, so we picked a $215 call expiring in 29 days.
Explore options contracts with AlphaSpace
#options #volatility #contract #disclosure
An option contract's price rarely moves for just one reason. The stock shifts, time keeps passing, expectations for volatility rise and fall, and interest rates maintain their influence in the background. All of that gets folded into the cost of the contract, known as its premium. This makes it hard to tell which force actually moved the number on your screen.
The options Greeks can help you solve that problem. Each one estimates how an option's value would respond to a change in one input, such as the stock price, time, or volatility, with the others held constant.
Let's follow a real contract to see how. Nvidia (NVDA) is one of the most actively traded stocks in the options market, which makes its chain a useful place to watch these numbers work. The stock was trading at $212.26 at the time, so we picked a $215 call expiring in 29 days.
Explore options contracts with AlphaSpace
#options #volatility #contract #disclosure
1 day ago
Rafael Devers' recent tear, especially when the San Francisco Giants slugger is driving ****** out to right at Oracle Park, makes it impossible not to think of Barry Bonds.
The at-bats share that don't-go-to-concessions-yet vibe. Opposing pitchers are handling Devers as carefully as they can - All-Star closer Mason Miller walked him in the ninth inning Friday - and there's a general buzz when Devers is up with men on base. Saturday, he lasered a low 1-1 sweeper from Michael King out in the first, a two-run shot in the Giants' 7-6 loss to the Padres.
San Francisco again demonstrated some mettle with a late push after Devers' grand slam the previous night cut the deficit to two and the Giants mounted a two-out rally against Miller that came up just short. Saturday, power was the key: rookie catcher Drew Cavanaugh went deep to right in the eighth, the first of his career, 50 games in. Two batters later, Drew Gilbert crushed a two-run shot to cut the deficit to one before lefty Adrian Morejon entered and struck out Devers and Bryce Eldridge.
Earlier in the day, Shay Whitcomb also went deep for San Francisco, which recorded all its runs via homers.
With 13 games remaining, Devers has 37 homers, one shy of his career high. He has a realistic shot at 40, something no Giants hitter has done since Bonds belted 45 in 2004. Devers has 98 RBIs, too, so 100 is well within reach. The last San Francisco player with 100 RBIs was Buster Posey, the man who traded for Devers last year; Posey recorded 103 RBIs in 2012.
#francisco #rbis #shot #drew
The at-bats share that don't-go-to-concessions-yet vibe. Opposing pitchers are handling Devers as carefully as they can - All-Star closer Mason Miller walked him in the ninth inning Friday - and there's a general buzz when Devers is up with men on base. Saturday, he lasered a low 1-1 sweeper from Michael King out in the first, a two-run shot in the Giants' 7-6 loss to the Padres.
San Francisco again demonstrated some mettle with a late push after Devers' grand slam the previous night cut the deficit to two and the Giants mounted a two-out rally against Miller that came up just short. Saturday, power was the key: rookie catcher Drew Cavanaugh went deep to right in the eighth, the first of his career, 50 games in. Two batters later, Drew Gilbert crushed a two-run shot to cut the deficit to one before lefty Adrian Morejon entered and struck out Devers and Bryce Eldridge.
Earlier in the day, Shay Whitcomb also went deep for San Francisco, which recorded all its runs via homers.
With 13 games remaining, Devers has 37 homers, one shy of his career high. He has a realistic shot at 40, something no Giants hitter has done since Bonds belted 45 in 2004. Devers has 98 RBIs, too, so 100 is well within reach. The last San Francisco player with 100 RBIs was Buster Posey, the man who traded for Devers last year; Posey recorded 103 RBIs in 2012.
#francisco #rbis #shot #drew
