8 hours ago
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A pair of national real estate investment managers closed their U.S. office credit fund with $1.1B in investor commitments.
Hines and Rialto Capital secured 126 investors for their Hines Rialto Credit Partners, a co-general partnership focused on U.S. office credit investments. The fund required a minimum investment of $100K, according to a filing with the U.S. Securities and Exchange Commission.
With the rapid growth of private credit, Hines said it believes investors are searching for real estate credit strategies grounded in specialized underwriting and deep market knowledge.
"Yield alone does not tell you the quality of the risk," Alfonso Munk, Hines' global co-head of investment management, said in a statement. "In real estate credit, understanding the underlying ******* et — what it is worth, how it performs and how it may hold up under pressure — is becoming increasingly important as the market works through a significant refinancing cycle."
#real #rialto
A pair of national real estate investment managers closed their U.S. office credit fund with $1.1B in investor commitments.
Hines and Rialto Capital secured 126 investors for their Hines Rialto Credit Partners, a co-general partnership focused on U.S. office credit investments. The fund required a minimum investment of $100K, according to a filing with the U.S. Securities and Exchange Commission.
With the rapid growth of private credit, Hines said it believes investors are searching for real estate credit strategies grounded in specialized underwriting and deep market knowledge.
"Yield alone does not tell you the quality of the risk," Alfonso Munk, Hines' global co-head of investment management, said in a statement. "In real estate credit, understanding the underlying ******* et — what it is worth, how it performs and how it may hold up under pressure — is becoming increasingly important as the market works through a significant refinancing cycle."
#real #rialto
8 hours ago
During the September 10 episode of Mad Money, a caller inquired about Mad Money host Jim Cramer's confidence that Arista Networks, Inc. (NYSE:ANET) will not go down the same path as Ciena Corporation. He replied:
Okay, so let me just tell you, Arista is up a lot this year. My confidence is with Jayshree Ullall. I think she's amazing and I think it every time the stock has dipped, if you've noticed it. Since her tenure began, you have to buy it, and I'm not backing away from that. I feel the same way I do now, the way I did, oh man, how many years ago when we first met her. She is money, and the company's fantastic.
In its second quarter, the company shattered records by delivering its first-ever $3 billion quarter, reporting $3.036 billion in revenue, a 38% year-over-year and over 12% sequential increase. Management lifted its full-year 2026 revenue guidance to approximately $12.6 billion, representing roughly 40% annual top-line growth. The acceleration is supported by deep integration into cloud architectures, where Arista Networks, Inc. (NYSE:ANET) expects its dedicated AI fabrics revenue to reach at least $3.5 billion in 2026, supported by more than 100 **** ulative Etherlink customers.
Bottom-line performance remains equally strong, with non-GAAP diluted earnings per share reaching $1.02, driven by a 49.9% non-GAAP operating margin and $1.3 billion in non-GAAP quarterly net income. Arista Networks, Inc. (NYSE:ANET) ended the quarter with roughly $13.3 billion in cash and marketable securities, offering substantial liquidity. However, its $9.7 billion of non-cancellable purchase commitments also increase working-capital and inventory risk as the company secures components ahead of expected AI demand.
The company's financial results remain heavily tied to two hyperscale customers. According to its 10-K filings, Microsoft accounted for 26%, and Meta Platforms generated 16% of total revenue in fiscal 2025, bringing combined spending from these two cloud giants to 42%. It leaves Arista Networks, Inc. (NYSE:ANET) vulnerable to sudden capital expenditure adjustments, vendor diversification shifts, or project delays by its core buyers.
#billion #NYSE #year
Okay, so let me just tell you, Arista is up a lot this year. My confidence is with Jayshree Ullall. I think she's amazing and I think it every time the stock has dipped, if you've noticed it. Since her tenure began, you have to buy it, and I'm not backing away from that. I feel the same way I do now, the way I did, oh man, how many years ago when we first met her. She is money, and the company's fantastic.
In its second quarter, the company shattered records by delivering its first-ever $3 billion quarter, reporting $3.036 billion in revenue, a 38% year-over-year and over 12% sequential increase. Management lifted its full-year 2026 revenue guidance to approximately $12.6 billion, representing roughly 40% annual top-line growth. The acceleration is supported by deep integration into cloud architectures, where Arista Networks, Inc. (NYSE:ANET) expects its dedicated AI fabrics revenue to reach at least $3.5 billion in 2026, supported by more than 100 **** ulative Etherlink customers.
Bottom-line performance remains equally strong, with non-GAAP diluted earnings per share reaching $1.02, driven by a 49.9% non-GAAP operating margin and $1.3 billion in non-GAAP quarterly net income. Arista Networks, Inc. (NYSE:ANET) ended the quarter with roughly $13.3 billion in cash and marketable securities, offering substantial liquidity. However, its $9.7 billion of non-cancellable purchase commitments also increase working-capital and inventory risk as the company secures components ahead of expected AI demand.
The company's financial results remain heavily tied to two hyperscale customers. According to its 10-K filings, Microsoft accounted for 26%, and Meta Platforms generated 16% of total revenue in fiscal 2025, bringing combined spending from these two cloud giants to 42%. It leaves Arista Networks, Inc. (NYSE:ANET) vulnerable to sudden capital expenditure adjustments, vendor diversification shifts, or project delays by its core buyers.
#billion #NYSE #year
11 hours ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#Solar
11 hours ago
Camden, New Jersey-based American Water Works Company, Inc. (AWK) provides water and wastewater services in the United States and offers water and wastewater services on military installations, undertakes contracts with municipal customers to operate and manage water and wastewater facilities, and offers other related services. The company has a market cap of $27.6 billion and operates approximately 80 surface water treatment plants; 520 groundwater treatment plants; 170 wastewater treatment plants; and 55,000 miles of transmission, distribution, and collection.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." AWK fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated water utilities industry.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
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The EV Bubble Has Burst. How to Play Rivian Stock Now.
#wastewater #offers #billion
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." AWK fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated water utilities industry.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#wastewater #offers #billion
12 hours ago
Carter's unveiled a new brand identity and marketing campaign on Tuesday, as the children's clothing company works to attract a younger generation of parents and build on a recent business turnaround.
The rebrand centers on a new brand promise — "Let every child's light shine" — and a refreshed logo in which a shooting star replaces the apostrophe in the Carter's wordmark, the company said. A new 60-second film called "Watch Them Glow" will debut across connected television as the first major marketing expression of the new direction.
Chief Marketing Officer Sarah Crockett told CNBC that the company sees a significant shift in its core customer base. Gen Z is expected to account for a large share of new parents over the next several years, according to Carter's, and those parents tend to let children make their own clothing choices and turn to social media for guidance.
"We had an opportunity to really tap into the values that parents are bringing into the household," Crockett told CNBC.
The new identity will begin rolling out across Carter's channels in 2026, with additional retail, product, and packaging elements to follow in 2027, the company said. Carter's is also launching a creator program called Light Makers, featuring voices across North America, and expanding partnerships with organizations including Outward Bound and Boys & Girls Clubs of America.
#parents #Marketing #cnbc #America
The rebrand centers on a new brand promise — "Let every child's light shine" — and a refreshed logo in which a shooting star replaces the apostrophe in the Carter's wordmark, the company said. A new 60-second film called "Watch Them Glow" will debut across connected television as the first major marketing expression of the new direction.
Chief Marketing Officer Sarah Crockett told CNBC that the company sees a significant shift in its core customer base. Gen Z is expected to account for a large share of new parents over the next several years, according to Carter's, and those parents tend to let children make their own clothing choices and turn to social media for guidance.
"We had an opportunity to really tap into the values that parents are bringing into the household," Crockett told CNBC.
The new identity will begin rolling out across Carter's channels in 2026, with additional retail, product, and packaging elements to follow in 2027, the company said. Carter's is also launching a creator program called Light Makers, featuring voices across North America, and expanding partnerships with organizations including Outward Bound and Boys & Girls Clubs of America.
#parents #Marketing #cnbc #America
14 hours ago
A company that specializes in autonomous power deployment said it has raised $31.8 million to scale its operations, with investments from major groups including Google and Bill Gates-founded Breakthrough Energy Ventures (BEV). California-based Planted said the new capital expands its robotic fleet. The company said the funding also supports the launch of Sage, its next-generation robot, as demand outpaces the company's current capacity.Planted on September 15 said the funding round was led by Piva Capital and RA Capital Management Planetary Health, with participation from Gigascale Capital and Open AI-backer Khosla Ventures, along with Google and BEV. Gigascale Capital was founded by former Meta executive Mike Schroepfer."Globally, solar needs to be deployed about five times faster than it is today to hit the scale experts project we'll need by 2050, and the gap is growing as the industry confronts constraints involving supply chains, land, interconnection, and skilled labor," said Eric Brown, CEO of Planted. "The way to close that gap is to turn the construction of a power plant into a manufacturing problem: building robots and deployment systems, not just projects. We have robots in the field proving the model works today. This round is how we scale it."
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
Brown's group on Tuesday said a record 664 GW of solar photovoltaic power was installed worldwide last year, but noted terawatts of new generation capacity are needed to meet projected demand. The company said it combines planning software, high-density terrain-following solar arrays, storage, and field robotics into one system, which enables Planted to build on parcels of land that legacy trackers cannot use. The company said its system also delivers twice the energy per acre, resulting in smaller project footprints and a lower profile on the landscape.Planted said its array "is simplified, designed for automation, and defined in software," and thus can deliver new power generation capacity in months rather than years. Planted's most recent build, a 28-MW behind-the-meter project serving a neocloud data center, went from first call to power in 10 months, with field construction completed in under three months.Planted on Tuesday said the company's development model "is proven and bankable," and noted its projects carry independent engineering validation and project financing. The company completed Bowes Solar, an 11-MW project in Illinois for Cultivate Power, and will next build Aligned Climate Capital's Armoracia project on 16 acres, 10 fewer than the original design required. The denser redesign moved the project through local review after the initial layout was rejected, according to the company. Planted, which deployed more than 10 MW in 2025, is on track for 100 MW in 2026, a 10x jump in a single year, with a project pipeline of more than 20 GW.The company said Sage, the next-generation robot, will be deployed later this year.
#project #next
15 hours ago
OpenAI acquired Glass Imaging, a startup developing AI-powered smartphone camera technology, in a deal valued at over $300 million, according to The Wall Street Journal. The purchase price represents a significant jump from the roughly $100 million valuation Glass Imaging carried in a funding round last year.
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
22 hours ago
By Akash Sriram
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#company
Sept 16 (Reuters) - Impulse ***** e has raised $308 million in an extension of the Series D funding round, the startup building ***** ecraft to move satellites and other payloads said on Wednesday, as it looks to serve a backlog from commercial and government customers.
The extension valued the company at $5.6 billion, according to a source close to the company. ***** eX's $86 billion IPO in June has bolstered investor enthusiasm for the ***** e sector, helping improve the fundraising environment for companies such as Impulse.
The extension brings Impulse's Series D financing to $808 million, following a $500 million round announced in June that valued the company at $4.26 billion.
The company also hired Vizio executive Adam Townsend as chief financial officer, as it scales production and works to turn a growing backlog of government and commercial contracts into revenue.
#company
22 hours ago
Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On September 15, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $67.23 per share, reflecting a market capitalization of $22.5 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of -6.29%, while its shares lost 27.35% over the past 52 weeks.
Parnassus Growth Equity Fund stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"We sold Brown & Brown Inc. during the quarter. Brown & Brown, Inc. (NYSE:BRO) remains a high-quality business, but we see rising near term risks as the company navigates an industry downturn, integrates a large acquisition and works to close an AI capability gap versus larger peers."
Brown & Brown, Inc. (NYSE:BRO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 44 hedge fund portfolios held Brown & Brown, Inc. (NYSE:BRO) at the end of the second quarter, compared to 41 in the previous quarter. While we acknowledge the potential of Brown & Brown, Inc. (NYSE:BRO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#fund #letter
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On September 15, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $67.23 per share, reflecting a market capitalization of $22.5 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of -6.29%, while its shares lost 27.35% over the past 52 weeks.
Parnassus Growth Equity Fund stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"We sold Brown & Brown Inc. during the quarter. Brown & Brown, Inc. (NYSE:BRO) remains a high-quality business, but we see rising near term risks as the company navigates an industry downturn, integrates a large acquisition and works to close an AI capability gap versus larger peers."
Brown & Brown, Inc. (NYSE:BRO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 44 hedge fund portfolios held Brown & Brown, Inc. (NYSE:BRO) at the end of the second quarter, compared to 41 in the previous quarter. While we acknowledge the potential of Brown & Brown, Inc. (NYSE:BRO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#fund #letter
22 hours ago
An ******* ysis of recent filings from American politicians shows that Accenture (NYSE: ACN) and Boston Scientific (NYSE: BSX) saw an uptick in purchases from notable politicians. Rep. Gilbert Ray Cisneros, Jr. (D-CA) bought Boston Scientific shares, according to a filing earlier this month. The trade was made on August 18, 2026. Rep. Ro Khanna (D-CA) also bought the stock twice, on August 3 and August 10, 2026, according to a filing filed on September 4, 2026. Neither politician sold Boston Scientific shares in the same period. Cisneros and Khanna were also the two buyers of Accenture shares in July and August.
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#accenture
This is based on data from Quiver Quantitative, a platform that tracks congressional stock trades from politicians.
Let's focus on BSX in this article.
BSX is down about 50% so far this year amid a cyberattack that disrupted manufacturing, order processing and shipments, forcing the company to withdraw its previous third-quarter and full-year outlook. Bulls say the market has priced in too severe an outcome. By Sept. 8, the company said its major distribution centers were shipping at or above normal levels, sterilization facilities were operating, and manufacturing had restarted at most plants. Bulls believe much of the disrupted revenue could be delayed rather than permanently lost as hospitals wait for products, reschedule procedures and the company works through its backlog.
Bulls also point to a business that was still growing. Second-quarter revenue rose 7.5% year over year and organic growth was 7%. Several core franchises delivered double-digit organic growth, including Interventional Cardiology and Vascular Therapies, Interventional Oncology and Embolization, and Neuromodulation.
#accenture
23 hours ago
NFP, the Aon-owned property and casualty (P&C) broker and benefits consultant, has acquired Moores Insurance Management, a multi-disciplinary risk management company based in Minnesota, US.
Established in 1987, Moores works with high-net-worth (HNW) individuals and businesses in 43 states, offering P&C insurance services to both commercial and personal-risk clients.
Under the agreement, Moores CEO Mark Moores will take on the role of senior vice-president, commercial P&C at NFP, reporting to Amanda Ruback, the company's managing director of P&C for the central region.
NFP personal risk president Brett Woodward said: "Moores is a long-standing risk management firm and this addition further establishes our presence in the Minnesota market and positions us well to continue delivering P&C insurance solutions for high-net-worth and commercial clients."
Jack Moores, who serves as president of Moores, will join NFP as senior vice-president of personal lines.
#moores
Established in 1987, Moores works with high-net-worth (HNW) individuals and businesses in 43 states, offering P&C insurance services to both commercial and personal-risk clients.
Under the agreement, Moores CEO Mark Moores will take on the role of senior vice-president, commercial P&C at NFP, reporting to Amanda Ruback, the company's managing director of P&C for the central region.
NFP personal risk president Brett Woodward said: "Moores is a long-standing risk management firm and this addition further establishes our presence in the Minnesota market and positions us well to continue delivering P&C insurance solutions for high-net-worth and commercial clients."
Jack Moores, who serves as president of Moores, will join NFP as senior vice-president of personal lines.
#moores
23 hours ago
Broadcom trades at $339 versus a Wall Street consensus target of $532, a 55% gap that formed after shares fell 13.7% in one month.
Hock Tan projects AI revenue reaching $115 billion in FY2027 and $230 billion in FY2028, despite an Anthropic slowdown report triggering the recent selloff.
Customer concentration among a handful of hyperscalers means a single negative headline can move AVGO 10% in an afternoon, making position sizing critical.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Broadcom (NASDAQ:AVGO) closed most recently at $339.27, while Wall Street's consensus 12-month price target is $531.85. On a market cap of roughly $1.6 trillion, that gap works out to well above 56%, a rare dislocation for a mega-cap that just posted record numbers.
#wall #billion
Hock Tan projects AI revenue reaching $115 billion in FY2027 and $230 billion in FY2028, despite an Anthropic slowdown report triggering the recent selloff.
Customer concentration among a handful of hyperscalers means a single negative headline can move AVGO 10% in an afternoon, making position sizing critical.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Broadcom (NASDAQ:AVGO) closed most recently at $339.27, while Wall Street's consensus 12-month price target is $531.85. On a market cap of roughly $1.6 trillion, that gap works out to well above 56%, a rare dislocation for a mega-cap that just posted record numbers.
#wall #billion
1 day ago
New vehicle sales in Indonesia surged by a further 32% year-on-year to 81,756 units in August 2026, up from weak year-earlier sales of 61,771 units, according to wholesale data compiled by the local automotive industry ***** ociation, Gaikindo. The market last month was driven higher by strong demand for trucks and battery electric vehicles (BEVs).
In the first eight months of 2026, the country's vehicle market expanded by 20% to 599,491 units, after declining by 11% to 499,315 units a year earlier, with sales of light passenger vehicles rising by over 13% to 437,374 units, while commercial vehicle sales increased by 42% to 162,117 units, driven by a 54% surge in light- and medium-duty trucks to 131,813 units.
The truck market this year has been supported by government plans to procure vehicles to support the development of rural cooperatives and improve local logistics networks nationwide.
Sales of BEVs almost doubled to 103,300 units year-to-date, up from 53,100 units in the same period a year earlier, driven by Chinese brands and supported by government tax incentives.
GDP growth moderated to 5.3% year-on-year in the second quarter of 2026, down from a peak of 5.6% in the first quarter, underpinned mainly by strong government spending and investment. Private consumption growth slowed to 5.1% from 5.5%, after the central bank hiked its benchmark interest rate by 100 basis points to 5.75% in the second quarter to support the rupiah and rein in rising inflation. Government spending grew by 16%, down from a peak of 22%, driven by social programmes and rising fuel subsidy costs.
#year
In the first eight months of 2026, the country's vehicle market expanded by 20% to 599,491 units, after declining by 11% to 499,315 units a year earlier, with sales of light passenger vehicles rising by over 13% to 437,374 units, while commercial vehicle sales increased by 42% to 162,117 units, driven by a 54% surge in light- and medium-duty trucks to 131,813 units.
The truck market this year has been supported by government plans to procure vehicles to support the development of rural cooperatives and improve local logistics networks nationwide.
Sales of BEVs almost doubled to 103,300 units year-to-date, up from 53,100 units in the same period a year earlier, driven by Chinese brands and supported by government tax incentives.
GDP growth moderated to 5.3% year-on-year in the second quarter of 2026, down from a peak of 5.6% in the first quarter, underpinned mainly by strong government spending and investment. Private consumption growth slowed to 5.1% from 5.5%, after the central bank hiked its benchmark interest rate by 100 basis points to 5.75% in the second quarter to support the rupiah and rein in rising inflation. Government spending grew by 16%, down from a peak of 22%, driven by social programmes and rising fuel subsidy costs.
#year
3 days ago
An AI ****** istant that orders your groceries and renews subscriptions on its own might hit the market soon.
Visa (V) and Mastercard (MA) want to make sure that payment still runs through their networks when that happens.
This week, the two card giants said they are working with global fintech Ant International to build a shared way to identify and trust AI shopping agents.
For anyone holding the two stocks or considering them, this plan gives a hint on how both companies could grow in the future.
It also raises a fair question. If software does your spending, who makes sure it spends wisely?
#mastercard #subscriptions
Visa (V) and Mastercard (MA) want to make sure that payment still runs through their networks when that happens.
This week, the two card giants said they are working with global fintech Ant International to build a shared way to identify and trust AI shopping agents.
For anyone holding the two stocks or considering them, this plan gives a hint on how both companies could grow in the future.
It also raises a fair question. If software does your spending, who makes sure it spends wisely?
#mastercard #subscriptions
3 days ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Iran-related news will be focus over the weekend. The Federal Reserve meeting will take center stage this coming week, with markets largely pricing in an interest rate hike on Sept. 16.
The stock market lost ground this past week as Treasury yields and oil prices surged, but rebounded Friday following the CPI inflation report. The S&P 500 and Nasdaq in particular made bullish technical moves.
Apple (AAPL), Moderna (MRNA), NetApp (NTAP) and Arista Networks (ANET) flashed buy signals heading into the weekend, with many others setting up.
Investors can make buys, but the market remains rangebound and ****** e to rapid sector rotation.
Apple stock is on SwingTrader. Arista Networks and NetApp stock are on the IBD 50. Apple stock and NetApp are on the IBD Big Cap 20. Arista stock is on IBD Sector Leaders.
#NASDAQ #sector #weekend
The stock market lost ground this past week as Treasury yields and oil prices surged, but rebounded Friday following the CPI inflation report. The S&P 500 and Nasdaq in particular made bullish technical moves.
Apple (AAPL), Moderna (MRNA), NetApp (NTAP) and Arista Networks (ANET) flashed buy signals heading into the weekend, with many others setting up.
Investors can make buys, but the market remains rangebound and ****** e to rapid sector rotation.
Apple stock is on SwingTrader. Arista Networks and NetApp stock are on the IBD 50. Apple stock and NetApp are on the IBD Big Cap 20. Arista stock is on IBD Sector Leaders.
#NASDAQ #sector #weekend
3 days ago
Alex Golesh crossed off another milestone last week when Auburn defeated Southern Miss, 43-8, for the first home win of his tenure. This week, he could reach another when the Tigers host Florida for the Tigers' first SEC game of his era.
Golesh stood at the podium Monday to preview the matchup with the Gators and to close the book on Auburn's Week 2 win. One topic Golesh discussed Monday was his relationship with Florida head coach Jon Sumrall. Like Golesh, Sumrall took the leap to the SEC from the American Athletic Conference after leading Tulane to an AAC championship and the College Football Playoff.
The pair have a lot in common and have bonded over their time as coaches. However, Golesh says that his friendship with Sumrall is taking a brief pause this week.
"He said we were friends? Not this week, we're not," Golesh said Monday (via ABC 33/40). "I got a ton of respect for Jon (Sumrall). We were both ****** istants in this league at the same time, and he did a great job at Troy, a high-end job at Troy. Did a high-end job at Tulane. I got a ton of respect for how he works; I got a ton of respect for who he is. I think he does it the right way. He competes like crazy. I got a lot of respect for him. This week? Don't care."
What else did Golesh say ahead of Auburn's SEC opener against Florida? Here are five key quotes from Golesh's Monday press conference.
#golesh #Monday #Respect #tulane
Golesh stood at the podium Monday to preview the matchup with the Gators and to close the book on Auburn's Week 2 win. One topic Golesh discussed Monday was his relationship with Florida head coach Jon Sumrall. Like Golesh, Sumrall took the leap to the SEC from the American Athletic Conference after leading Tulane to an AAC championship and the College Football Playoff.
The pair have a lot in common and have bonded over their time as coaches. However, Golesh says that his friendship with Sumrall is taking a brief pause this week.
"He said we were friends? Not this week, we're not," Golesh said Monday (via ABC 33/40). "I got a ton of respect for Jon (Sumrall). We were both ****** istants in this league at the same time, and he did a great job at Troy, a high-end job at Troy. Did a high-end job at Tulane. I got a ton of respect for how he works; I got a ton of respect for who he is. I think he does it the right way. He competes like crazy. I got a lot of respect for him. This week? Don't care."
What else did Golesh say ahead of Auburn's SEC opener against Florida? Here are five key quotes from Golesh's Monday press conference.
#golesh #Monday #Respect #tulane
3 days ago
A former No. 9 overall pick from UConn, Kemba Walker put together the strongest career in franchise history to this point. While Walker is famous for wearing the No. 15, he wore the No. 1 during his rookie season with the Charlotte Bobcats. Over his career with the franchise, Walker would play eight seasons in Charlotte, averaging 19.8 points, 5.5 **** ists, 3.8 rebounds, 1.3 steals and 0.4 blocks in 605 appearances.
Following his time with the Hornets, he'd land with the Boston Celtics in a sign-and-trade deal that brought Terry Rozier to Charlotte. After two seasons in Boston, Walker would play a season for the New York Knicks and finish his NBA career after nine games for the Dallas Mavericks. In 12 seasons total, Walker played 750 games while averaging 19.3 points, 5.3 **** ists, 3.8 rebounds, 1.2 steals and 0.4 blocks. He now works with the Hornets as a player development coach and has opened up "Kemba Walker Sports Academy" in Concord, North Carolina.
Throughout the season, Rookie Wire is documenting the jersey number history of the Charlotte Hornets
Previous: Tony Delk, Robert Parish, Spencer Hawes, Theron Smith, Jeff McInnis, Larry Hughes, Bismack Biyombo, Briante Weber, Miles Bridges, Muggsy Bogues, Baron Davis, Jason Hart, Ryan Hollins, Derek Anderson, Andre Brown, Cartier Martin, Stephen Jackson
For more NBA content, check out the BasketBaltes podcast:
#franchise
Following his time with the Hornets, he'd land with the Boston Celtics in a sign-and-trade deal that brought Terry Rozier to Charlotte. After two seasons in Boston, Walker would play a season for the New York Knicks and finish his NBA career after nine games for the Dallas Mavericks. In 12 seasons total, Walker played 750 games while averaging 19.3 points, 5.3 **** ists, 3.8 rebounds, 1.2 steals and 0.4 blocks. He now works with the Hornets as a player development coach and has opened up "Kemba Walker Sports Academy" in Concord, North Carolina.
Throughout the season, Rookie Wire is documenting the jersey number history of the Charlotte Hornets
Previous: Tony Delk, Robert Parish, Spencer Hawes, Theron Smith, Jeff McInnis, Larry Hughes, Bismack Biyombo, Briante Weber, Miles Bridges, Muggsy Bogues, Baron Davis, Jason Hart, Ryan Hollins, Derek Anderson, Andre Brown, Cartier Martin, Stephen Jackson
For more NBA content, check out the BasketBaltes podcast:
#franchise
3 days ago
Twenty-five years after Julia Stiles starred in Save the Last Dance, she'll be back on the dance floor for Season 35 of Dancing With the Stars. The actress is partnered with Ezra Sosa for the ballroom competition.
Before rehearsals for Season 35 began, Sosa revealed that he would be spending time in New York for a few months. Stiles, her husband, and their children live in New York City, so this will allow her to be with her family when she's not in Los Angeles for show days.
Stiles has been married since 2017, but before tying the knot, she dated two famous actors. Scroll down for everything to know about her family and relationship history.
Stiles' husband is Preston J. Cook. He works as a camera ***** istant, with credits including Love It or List It Vancouver, Step Up All In, The Revenant, Deadpool, War for the Planet of the Apes, and more.
Stiles and Cook met in 2014 on the set of Blackway. She starred in the thriller movie, and he was the second camera ***** istant. The following year, he was the camera ***** istant for Jason Bourne, another film Stiles starred in.
#assistant #cook
Before rehearsals for Season 35 began, Sosa revealed that he would be spending time in New York for a few months. Stiles, her husband, and their children live in New York City, so this will allow her to be with her family when she's not in Los Angeles for show days.
Stiles has been married since 2017, but before tying the knot, she dated two famous actors. Scroll down for everything to know about her family and relationship history.
Stiles' husband is Preston J. Cook. He works as a camera ***** istant, with credits including Love It or List It Vancouver, Step Up All In, The Revenant, Deadpool, War for the Planet of the Apes, and more.
Stiles and Cook met in 2014 on the set of Blackway. She starred in the thriller movie, and he was the second camera ***** istant. The following year, he was the camera ***** istant for Jason Bourne, another film Stiles starred in.
#assistant #cook
3 days ago
The Tampa Bay Buccaneers showed enough in their 33-27 loss to the Cincinnati Bengals to feel like they could have won. Instead, four lost fumbles, shaky pass protection, and defensive issues underneath turned a competitive performance into a 0-1 start.
Tampa Bay finished with 282 total yards, converted five of 10 third downs, and never punted. The Bucs also fought back from a 21-3 deficit and had the game within six points late, but the turnovers kept Cincinnati in control.
Here are the Buccaneers' Week 1 grades by position.
Baker Mayfield's game was almost a perfect reflection of Tampa Bay's afternoon. He completed 23 of 28 passes for 216 yards without an interception, added 30 rushing yards, and scored on a nine-yard run in the fourth quarter.
The number one problem for Mayfield was ball security. Mayfield fumbled three times and lost all three of them. One was returned 27 yards for a touchdown, another went through the end zone for a touchback near the goal line, and the third came on a fourth-quarter strip-sack while Tampa Bay was trying to complete its comeback.There is some living and dying by the sword with Mayfield. Part of what makes him unique is his willingness to fight through contact, extend plays, and create something when a play looks dead. When it works, everyone loves it. When it ends with the football on the ground, it looks reckless. Against Cincinnati, he pushed that line much too far.
#yards #lost #game
Tampa Bay finished with 282 total yards, converted five of 10 third downs, and never punted. The Bucs also fought back from a 21-3 deficit and had the game within six points late, but the turnovers kept Cincinnati in control.
Here are the Buccaneers' Week 1 grades by position.
Baker Mayfield's game was almost a perfect reflection of Tampa Bay's afternoon. He completed 23 of 28 passes for 216 yards without an interception, added 30 rushing yards, and scored on a nine-yard run in the fourth quarter.
The number one problem for Mayfield was ball security. Mayfield fumbled three times and lost all three of them. One was returned 27 yards for a touchdown, another went through the end zone for a touchback near the goal line, and the third came on a fourth-quarter strip-sack while Tampa Bay was trying to complete its comeback.There is some living and dying by the sword with Mayfield. Part of what makes him unique is his willingness to fight through contact, extend plays, and create something when a play looks dead. When it works, everyone loves it. When it ends with the football on the ground, it looks reckless. Against Cincinnati, he pushed that line much too far.
#yards #lost #game
3 days ago
Kylie Jenner has officially sold her longtime Hidden Hills mansion for $15.3 million. The 29-year-old multi-million-dollar beauty brand founder originally wanted $20.25 million for the property, but the final deal came after a series of price changes. The sale also comes as Jenner works on a new dream home nearby.
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
3 days ago
He began by cutting neighbors' grass for about $25 a lawn.
A move at 14 meant rebuilding his customer base from scratch.
He now oversees millions of dollars' worth of equipment — and works six days a week.
Some kids mow lawns for pocket money and move on. Cody Kuebler kept at it, turning the childhood gig into a multimillion-dollar business.
Now 25, Kuebler said he spent his summers growing up cutting his neighbors' grass for around $25 a job, first with an aging push mower, and later with one his father gave him for his 11th birthday. The gift involved "a little bit of horse-trading," he said: He'd have to cut his dad's lawn.
#grass #lawn #move #he 'd
A move at 14 meant rebuilding his customer base from scratch.
He now oversees millions of dollars' worth of equipment — and works six days a week.
Some kids mow lawns for pocket money and move on. Cody Kuebler kept at it, turning the childhood gig into a multimillion-dollar business.
Now 25, Kuebler said he spent his summers growing up cutting his neighbors' grass for around $25 a job, first with an aging push mower, and later with one his father gave him for his 11th birthday. The gift involved "a little bit of horse-trading," he said: He'd have to cut his dad's lawn.
#grass #lawn #move #he 'd
3 days ago
We've already seen what Ayo Edebiri has delivered at the Toronto International Film Festival, but she isn't the only Chanel ambassador in town. Lily-Rose Depp, Penélope Cruz and Margaret Qualley have also been representing the house across premieres, dinners and the TIFF Tribute Awards.
Courtesy of Chanel
This mini tweed Chanel dress couldn't be more Lily-Rose Depp coded. The fitted silhouette, contrast trim and prominent double-C logo all sit firmly within her usual Chanel vocabulary, but the red earrings give the black-and-white look the pop of colour it needed. It's familiar territory for Lily-Rose, and it always works so well.
Rodin Eckenroth/EveryStory2026/Getty Images
This pale-yellow Chanel Fall 2026 dress does feel like a step outside Lily-Rose's comfort zone, both in terms of style and colour. That quintessentially French-girl quality we've long ****** ociated with her Chanel wardrobe isn't as apparent in Matthieu Blazy's designs, which is allowing us to see another side of her style.
#isn 't #edebiri
Courtesy of Chanel
This mini tweed Chanel dress couldn't be more Lily-Rose Depp coded. The fitted silhouette, contrast trim and prominent double-C logo all sit firmly within her usual Chanel vocabulary, but the red earrings give the black-and-white look the pop of colour it needed. It's familiar territory for Lily-Rose, and it always works so well.
Rodin Eckenroth/EveryStory2026/Getty Images
This pale-yellow Chanel Fall 2026 dress does feel like a step outside Lily-Rose's comfort zone, both in terms of style and colour. That quintessentially French-girl quality we've long ****** ociated with her Chanel wardrobe isn't as apparent in Matthieu Blazy's designs, which is allowing us to see another side of her style.
#isn 't #edebiri
3 days ago
Travis Kelce new house details: Location, cost, more to know about Ohio home with Taylor Swift originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Travis Kelce enjoyed a memorable offseason in 2026, even by his standards.
The three-time Super Bowl champion saw his campaign end before postseason play commenced for the first time since 2014. Still, that did little to blight the offseason fireworks for the Chiefs tight end. Kelce took the next step in his relationship with Taylor Swift in July, marrying the pop artist in a high-profile ceremony in July.
He added to his summer of love with a new property, one certain to conjure up memories of his Ohio past.
With that, here's what you need to know about Kelce's latest residence, a glint structure located just outside of his hometown.
#taylor #sporting #july #time
Travis Kelce enjoyed a memorable offseason in 2026, even by his standards.
The three-time Super Bowl champion saw his campaign end before postseason play commenced for the first time since 2014. Still, that did little to blight the offseason fireworks for the Chiefs tight end. Kelce took the next step in his relationship with Taylor Swift in July, marrying the pop artist in a high-profile ceremony in July.
He added to his summer of love with a new property, one certain to conjure up memories of his Ohio past.
With that, here's what you need to know about Kelce's latest residence, a glint structure located just outside of his hometown.
#taylor #sporting #july #time
3 days ago
A high school football coach in California was arrested Friday after students discovered a cellphone secretly recording them while they were changing inside a campus locker room, police said.
The phone allegedly belonged to Jeffrey Pribble, a 48-year-old teacher at Tracy High School, located east of San Francisco, the Tracy Police Department said Saturday.
According to the school's website and social media accounts, Pribble is the varsity football head coach and works in the school's physical education program.
Pribble has held the coaching position for five years and has 22 years of experience as an educator with the district, according to his Facebook page.
School Employee Accused Of Secretly Filming 12 Girls In Changing Room Faces New Charges
#tracy
The phone allegedly belonged to Jeffrey Pribble, a 48-year-old teacher at Tracy High School, located east of San Francisco, the Tracy Police Department said Saturday.
According to the school's website and social media accounts, Pribble is the varsity football head coach and works in the school's physical education program.
Pribble has held the coaching position for five years and has 22 years of experience as an educator with the district, according to his Facebook page.
School Employee Accused Of Secretly Filming 12 Girls In Changing Room Faces New Charges
#tracy
3 days ago
Adam Carolla cut right to the chase when he offered his take on President Donald Trump's plan to give out $5,000 to every American adult, as long as Republicans win the 2026 midterms.
"So now we're just bribing people," Carolla said on the Sunday episode of his podcast.
He said again it sounded like Trump was "bribin' 'em" to get votes — but Carolla didn't seem too upset about it.
The veteran comic and podcaster argued the Democratic Party has been doing its own version of freebie payments for decades, thanks to government programs like food stamps and states paying for the healthcare of low-income residents. Carolla said it "evidently works" when it comes to winning over voters, so Republicans should give it a shot.
"It definitely works on all the poor people," Carolla continued. "We'll just get you free cheese, and free school, and free Medicare, and we'll get you free sh*t. Why don't rich people start bribing people? Why not?"
#we 'll #like #adam
"So now we're just bribing people," Carolla said on the Sunday episode of his podcast.
He said again it sounded like Trump was "bribin' 'em" to get votes — but Carolla didn't seem too upset about it.
The veteran comic and podcaster argued the Democratic Party has been doing its own version of freebie payments for decades, thanks to government programs like food stamps and states paying for the healthcare of low-income residents. Carolla said it "evidently works" when it comes to winning over voters, so Republicans should give it a shot.
"It definitely works on all the poor people," Carolla continued. "We'll just get you free cheese, and free school, and free Medicare, and we'll get you free sh*t. Why don't rich people start bribing people? Why not?"
#we 'll #like #adam
3 days ago
Energy Transfer LP (NYSE:ET) is set to move the primary listing of its common and Series I preferred units from the New York Stock Exchange to the Texas Stock Exchange in early October, making it the first major company to make such a switch from the NYSE to the newly established Dallas exchange. Reuters said the companies moving to TXSE, including Energy Transfer and related energy businesses, represent nearly $100 billion in combined market value, giving the fledgling exchange an important early credibility boost.
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
3 days ago
TotalEnergies SE (NYSE:TTE) plans to invest $10 billion alongside its partners in Angola over the next five years, with the goal of maintaining and potentially increasing its oil production in the country. TotalEnergies currently produces around 450,000 barrels per day in Angola, making it the country's largest oil operator and accounting for more than 40% of its total output.
The investment will go toward existing operations, new exploration, and projects aimed at replacing production from Angola's aging offshore fields. One of the biggest projects in the pipeline is the $6 billion Kaminho development, which is expected to start producing oil in 2028. TotalEnergies SE (NYSE:TTE) is also expanding its exploration efforts after signing agreements for two additional offshore blocks. On top of that, the company recently announced a new discovery in Block 17 that could add roughly 6,000 barrels per day to production.
The investment strengthens TotalEnergies SE (NYSE:TTE)'s position in one of Africa's key oil-producing markets and, perhaps more importantly, helps protect a major source of existing production. With around 450,000 barrels per day already coming from Angola, simply keeping output at current levels could continue to provide a meaningful contribution to the company's upstream cash flow. Any additional production from new discoveries and projects would offer further upside.
The current oil-price environment also works in TotalEnergies' favor. Brent crude recently climbed above $100 a barrel amid supply concerns and geopolitical tensions and is currently trading near this range. If prices remain elevated, projects designed to maintain or increase Angolan production could generate strong returns and make the company's investment more attractive.
There are also signs that TotalEnergies SE (NYSE:TTE) is doing more than just trying to slow production declines. Its recent Acacia-5 discovery in Block 17 could add around 6,000 barrels per day, while the company is expanding its exploration presence through new offshore blocks in the Lower Congo Basin. Angola's efforts to reform its oil sector and attract more exploration investment could also create a more favorable environment for TotalEnergies over the longer term.
#investment #offshore
The investment will go toward existing operations, new exploration, and projects aimed at replacing production from Angola's aging offshore fields. One of the biggest projects in the pipeline is the $6 billion Kaminho development, which is expected to start producing oil in 2028. TotalEnergies SE (NYSE:TTE) is also expanding its exploration efforts after signing agreements for two additional offshore blocks. On top of that, the company recently announced a new discovery in Block 17 that could add roughly 6,000 barrels per day to production.
The investment strengthens TotalEnergies SE (NYSE:TTE)'s position in one of Africa's key oil-producing markets and, perhaps more importantly, helps protect a major source of existing production. With around 450,000 barrels per day already coming from Angola, simply keeping output at current levels could continue to provide a meaningful contribution to the company's upstream cash flow. Any additional production from new discoveries and projects would offer further upside.
The current oil-price environment also works in TotalEnergies' favor. Brent crude recently climbed above $100 a barrel amid supply concerns and geopolitical tensions and is currently trading near this range. If prices remain elevated, projects designed to maintain or increase Angolan production could generate strong returns and make the company's investment more attractive.
There are also signs that TotalEnergies SE (NYSE:TTE) is doing more than just trying to slow production declines. Its recent Acacia-5 discovery in Block 17 could add around 6,000 barrels per day, while the company is expanding its exploration presence through new offshore blocks in the Lower Congo Basin. Angola's efforts to reform its oil sector and attract more exploration investment could also create a more favorable environment for TotalEnergies over the longer term.
#investment #offshore
3 days ago
Gareth Cattermole / Getty Images
©FX Networks/Courtesy Everett Collection
Ser Baffo / ©Hulu/Disney / Courtesy Everett Collection
Related: "23 Celebs Who Have Admitted To Using Ozempic Or Other Weight Loss Medication"
© Searchlight Pictures / Courtesy Everett Collection
#courtesy #everett #getty #networks
©FX Networks/Courtesy Everett Collection
Ser Baffo / ©Hulu/Disney / Courtesy Everett Collection
Related: "23 Celebs Who Have Admitted To Using Ozempic Or Other Weight Loss Medication"
© Searchlight Pictures / Courtesy Everett Collection
#courtesy #everett #getty #networks
3 days ago
SWKS surged 27% in a month to $88.35, now trading above its $68.35 consensus ****** yst target with most ****** ysts rating it Hold or worse.
The Qorvo merger could unlock $500M+ in synergies, but a regulatory delay leaves Skyworks holding $2B in new debt against shrinking revenue.
At 46x trailing P/E with 14 downward EPS revisions and the CFO selling into the rally, momentum is doing all the heavy lifting.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Skyworks Solutions didn't make the cut. Enter your email to see the names that beat SWKS. The report is free. Enter your email and see if any of your stocks made the cut.
At $88.35, Skyworks Solutions (NASDAQ:SWKS) is a Hold. The stock has ripped past its consensus ****** yst price target of $68.35, and with a pending merger, a fresh capital allocation framework, and a mixed fundamental picture, the case for chasing here is as thin as the case for stepping in front of the momentum.
#skyworks #solutions #analyst #target
The Qorvo merger could unlock $500M+ in synergies, but a regulatory delay leaves Skyworks holding $2B in new debt against shrinking revenue.
At 46x trailing P/E with 14 downward EPS revisions and the CFO selling into the rally, momentum is doing all the heavy lifting.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Skyworks Solutions didn't make the cut. Enter your email to see the names that beat SWKS. The report is free. Enter your email and see if any of your stocks made the cut.
At $88.35, Skyworks Solutions (NASDAQ:SWKS) is a Hold. The stock has ripped past its consensus ****** yst price target of $68.35, and with a pending merger, a fresh capital allocation framework, and a mixed fundamental picture, the case for chasing here is as thin as the case for stepping in front of the momentum.
#skyworks #solutions #analyst #target
3 days ago
DUBAI, Sept 14 (Reuters) - Abu Dhabi's Etihad Airways said on Monday that its passenger-carrying capacity is running above year-earlier levels as Gulf carriers rebound from disruption caused by the Iran war, with strong demand expected heading into the winter travel season, its chief executive told Reuters.
"We are back on track," CEO Antonoaldo Neves said in an interview, noting that current Available Seat Kilometres - the industry's standard measure of passenger-carrying capacity - was currently 15 to 17% higher than a year ago.
"Flights are full, full, full," he said, adding that load factor, which measures how well an airline is filling available seats, was at 92% in August while the airline is targeting an 87% plus load factor for the remainder of the year.
The Iran war affected travel earlier this year, pushing fuel prices higher and disrupting flights in the Middle East and beyond. Middle Eastern carriers, some of the world's biggest, have seen their networks upended by the conflict, but have gradually resumed their activity.
(Reporting by Federico Maccioni, Editing by Louise Heavens)
#reuters #middle
"We are back on track," CEO Antonoaldo Neves said in an interview, noting that current Available Seat Kilometres - the industry's standard measure of passenger-carrying capacity - was currently 15 to 17% higher than a year ago.
"Flights are full, full, full," he said, adding that load factor, which measures how well an airline is filling available seats, was at 92% in August while the airline is targeting an 87% plus load factor for the remainder of the year.
The Iran war affected travel earlier this year, pushing fuel prices higher and disrupting flights in the Middle East and beyond. Middle Eastern carriers, some of the world's biggest, have seen their networks upended by the conflict, but have gradually resumed their activity.
(Reporting by Federico Maccioni, Editing by Louise Heavens)
#reuters #middle
