6 days ago
John Lewis Partnership has rolled out a three-year plan, internally called "Rise", designed to return the employee-owned retailer to a market-leading position, according to internal staff communications reviewed by the Financial Times (FT).
Led by partnership chair Jason Tarry, the initiative is aiming for more than £100m ($135.1m) in additional profit through a "joined-up" strategy across the group's John Lewis and Waitrose loyalty schemes, encompassing Little Treats and Beauty in My John Lewis.
The partnership is also pursuing £180m in annual profit from its retail media arm.
John Lewis intends to nearly double the number of customers using its money services, from 1.2 million to two million.
The group is also targeting roughly £500m in property portfolio growth over the next decade through freehold purchases and lease renegotiations.
#lewis
Led by partnership chair Jason Tarry, the initiative is aiming for more than £100m ($135.1m) in additional profit through a "joined-up" strategy across the group's John Lewis and Waitrose loyalty schemes, encompassing Little Treats and Beauty in My John Lewis.
The partnership is also pursuing £180m in annual profit from its retail media arm.
John Lewis intends to nearly double the number of customers using its money services, from 1.2 million to two million.
The group is also targeting roughly £500m in property portfolio growth over the next decade through freehold purchases and lease renegotiations.
#lewis
7 days ago
Prominent economist Mohamed El-Erian argues hyperscalers and national governments are issuing a flood of bonds to keep up their rapid spending velocity onto fewer buyers. Those straightforward circumstances are pushing bond yields up.
"If you look at the amount of issuance that's coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers, and that's why there's been pressure on interest rates, El-Erian told CNBC in an interview on Friday. "It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#governments #buyers #jeff #bezos
"If you look at the amount of issuance that's coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers, and that's why there's been pressure on interest rates, El-Erian told CNBC in an interview on Friday. "It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#governments #buyers #jeff #bezos
8 days ago
On July 1, QXO Inc. (NYSE:QXO) finalized its cash-and-stock acquisition of TopBuild Corp. for a $17 billion consideration. This makes QXO North America's largest distributor and installer of insulation, the largest distributor of waterproofing products, and the second-largest distributor of roofing products.. Chairman and CEO, Brad Jacobs, noted that the acquisition will enable QXO to explore rapidly expanding end markets such as data centers and broaden its product portfolio. Let's explore QXO's acquisitive growth strategy within the building products distribution segment and what potential does it offer to the company going forward.
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#year
QXO's acquisition of TopBuild is anticipated to be a highly accretive deal, with the company expecting at least $300 million of annual synergies by 2030. These will be linked with pricing, procurement, and cross-selling opportunities. Along with previous transactions involving $2.25 billion purchase of Kodiak Building Partners back in April and $11 billion acquisition of Beacon Roofing Supply in 2025, it makes QXO one of the top names across roofing, insulation, waterproofing, and building materials categories within North America.
The company's financials also appear encouraging. On August 13, QXO announced its second quarter results. The company posted $3.25 billion in revenue compared to $1.91 billion during Q2 2025. Adjusted EBITDA clocked in at $272 million, exhibiting 33% year-on-year growth. Adjusted net income came in at $130 million, up by more than 19% relative to the same period last year. The comparison, however, is influenced by acquisition timing. This is because the 2026 quarter included Kodiak and a full quarter of Beacon, while the prior-year period included Beacon only from its April 29, 2025 acquisition date.
CEO and Chairman acknowledged the company's technological progress and financial growth during the quarter. He stated:
"We are focused on our plan to more than double EBITDA by 2030 and reach $50 billion in revenue within the decade."
#year
10 days ago
Valued at a market cap of $130.3 billion, Prologis, Inc. (PLD) is a global leader in logistics real estate with a focus on high-barrier, high-growth markets. The company owns or has investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.3 billion square feet in 20 different countries.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." PLD fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the industrial REIT industry.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity
Why ****** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here
#high #Companies
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." PLD fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the industrial REIT industry.
Dear GameStop Stock Fans, Mark Your Calendars for September 8
SMCI vs. CoreWeave: 1 AI Infrastructure Model Has the Bigger Opportunity
Why ****** ysts Think Sellas Life Sciences Stock Can Gain 150% From Here
#high #Companies
10 days ago
Latest filings of Nancy Pelosi show the politician's spouse piled into Intel Corporation (NASDAQ:INTC) and Bloom Energy Corporation (NYSE:BE). In July, he bought 10,000 shares and 100 call options, each disclosed in the $1 million to $5 million range. A few days later, he bought another 5,000 shares and 100 more call options, each in the $500,001 to $1 million range. These trades were disclosed in August.
Pelosi's spouse also bought Intel Corporation (NASDAQ:INTC) in July, picking up 10,000 shares in the $500,001 to $1 million range plus 50 call options.
Insider Monkey's proprietary database shows that 25 billionaires had stakes in Bloom Energy Corporation (NYSE:BE) as of the end of the second quarter, up from 22 billionaires in the quarter prior.
Intel saw a sharp increase in interest from smart money, as 40 billionaire-led funds ended the second quarter with the chipmaker's stock in their portfolios, up from 32 billionaires a quarter prior.
In this article, we will ******* yze Bloom Energy in detail.
#shares
Pelosi's spouse also bought Intel Corporation (NASDAQ:INTC) in July, picking up 10,000 shares in the $500,001 to $1 million range plus 50 call options.
Insider Monkey's proprietary database shows that 25 billionaires had stakes in Bloom Energy Corporation (NYSE:BE) as of the end of the second quarter, up from 22 billionaires in the quarter prior.
Intel saw a sharp increase in interest from smart money, as 40 billionaire-led funds ended the second quarter with the chipmaker's stock in their portfolios, up from 32 billionaires a quarter prior.
In this article, we will ******* yze Bloom Energy in detail.
#shares
12 days ago
Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts.
With roots dating back to 1868, Scotts Miracle-Gro (SMG) faces a future that hinges on getting a nonchalant Gen Z crowd to pay to fertilize their lawns, just like their proud green-lawn-owning parents.
New CEO Nate Baxter realizes the hill to climb is steep and chock-full of roadblocks, such as more people buying Astroturf for lawns or putting stones where grass once lived — and needing water to do so.
"So our core consumer that has been with us for decades. They're homeowners or renters who care about their lawn. They are dedicated. And they care about weeds — they don't want them. They want the perfect lawn story," Baxter said in a new episode of the Power Players with Brian Sozzi podcast (watch above; listen in below). "What we are seeing with the next generation of consumer is a real interest in going natural. They don't mind an occasional dandelion in their lawn."
Baxter said Scotts has released new fertilizer in recyclable paper bags and all-natural lawn food to cater to this finicky crowd. He promises a push into products that could help people connect with the health of their lawn's soil.
#players #scotts #listen #crowd
With roots dating back to 1868, Scotts Miracle-Gro (SMG) faces a future that hinges on getting a nonchalant Gen Z crowd to pay to fertilize their lawns, just like their proud green-lawn-owning parents.
New CEO Nate Baxter realizes the hill to climb is steep and chock-full of roadblocks, such as more people buying Astroturf for lawns or putting stones where grass once lived — and needing water to do so.
"So our core consumer that has been with us for decades. They're homeowners or renters who care about their lawn. They are dedicated. And they care about weeds — they don't want them. They want the perfect lawn story," Baxter said in a new episode of the Power Players with Brian Sozzi podcast (watch above; listen in below). "What we are seeing with the next generation of consumer is a real interest in going natural. They don't mind an occasional dandelion in their lawn."
Baxter said Scotts has released new fertilizer in recyclable paper bags and all-natural lawn food to cater to this finicky crowd. He promises a push into products that could help people connect with the health of their lawn's soil.
#players #scotts #listen #crowd
12 days ago
HealthEquity (NASDAQ:HQY) posted second-quarter fiscal 2027 results on August 27, which pushed revenue growth to 8% year over year, up from the 7% pace set over the first half of the year, a rare acceleration for a company already sitting on 10.7 million health savings accounts/HSAs. Adjusted EBITDA jumped 11% to $167 million, translating into a record 48% margin. Management raised full-year revenue and profit guidance on the back of that performance, and the numbers suggest a business getting more efficient even as it gets bigger.
The account growth alone would make for a solid quarter. New HSAs from sales rose 24% year over year to 202,000, the strongest second quarter the company has posted and its best stretch outside the fourth quarter open enrollment window. Total HSA ***** ets reached $37.9 billion, up 14%, while HSA invested ***** ets climbed 28% to $20.6 billion as 939,000 accounts now hold investments, a 20% increase. That distinction matters because members who invest carry balances four times larger than those who do not, so every account that starts investing compounds the relationship's value without HealthEquity signing up a single new client.
Engagement is following the same curve. Monthly active users on the mobile app hit 1.4 million in July, up 62% year over year, and total downloads passed 5 million. Marketplace, still a small piece of the business with about 14,000 active members, is already showing that purchasers are more likely to start contributing to their HSA than members who never buy anything through it. AI-driven automation resolved 85% of routine chat inquiries and contained 55% of card-related phone contacts, helping cut human-handled service calls by 25% even as total accounts grew 4%. Gross margin expanded to 74% of revenue from 71% a year earlier, and the company returned $108.1 million to shareholders through buybacks during the quarter.
Not everything is friction-free. CFO James Lucania acknowledged the competitive pressure on pricing, telling ***** ysts there is "absolutely headline price erosion," a year-over-year reduction that weighs on service revenue even as that segment still grew 6% to $124.4 million. GAAP net income of $65.6 million, or $0.78 per diluted share, ran well below the $103.8 million and $1.24 per share reported on a non-GAAP basis, a gap that included $3.3 million in one-time disposal costs tied to internally developed software the company no longer uses.
#year #million #members #healthequity
The account growth alone would make for a solid quarter. New HSAs from sales rose 24% year over year to 202,000, the strongest second quarter the company has posted and its best stretch outside the fourth quarter open enrollment window. Total HSA ***** ets reached $37.9 billion, up 14%, while HSA invested ***** ets climbed 28% to $20.6 billion as 939,000 accounts now hold investments, a 20% increase. That distinction matters because members who invest carry balances four times larger than those who do not, so every account that starts investing compounds the relationship's value without HealthEquity signing up a single new client.
Engagement is following the same curve. Monthly active users on the mobile app hit 1.4 million in July, up 62% year over year, and total downloads passed 5 million. Marketplace, still a small piece of the business with about 14,000 active members, is already showing that purchasers are more likely to start contributing to their HSA than members who never buy anything through it. AI-driven automation resolved 85% of routine chat inquiries and contained 55% of card-related phone contacts, helping cut human-handled service calls by 25% even as total accounts grew 4%. Gross margin expanded to 74% of revenue from 71% a year earlier, and the company returned $108.1 million to shareholders through buybacks during the quarter.
Not everything is friction-free. CFO James Lucania acknowledged the competitive pressure on pricing, telling ***** ysts there is "absolutely headline price erosion," a year-over-year reduction that weighs on service revenue even as that segment still grew 6% to $124.4 million. GAAP net income of $65.6 million, or $0.78 per diluted share, ran well below the $103.8 million and $1.24 per share reported on a non-GAAP basis, a gap that included $3.3 million in one-time disposal costs tied to internally developed software the company no longer uses.
#year #million #members #healthequity
13 days ago
The recent recovery across digital ****** ets could have further room to run, according to Needham & Company, which has increased its crypto trading volume forecasts for the exchanges and platforms covered by the firm.
"How sustainable is the crypto rebound? We believe it has legs," ****** yst John Todaro wrote in a note to clients, identifying three factors supporting the firm's ****** sment.
The first factor is a potential rotation in investor attention and capital. Needham said artificial intelligence stocks, which previously attracted significant retail participation, have cooled as regulatory pressures increase ahead of the midterm elections.
Retail trading activity in commodities, including oil and metals, has also moderated.
Against that backdrop, Needham believes digital ****** ets could become relatively more attractive to investors again as competing speculative trades lose some of their momentum.
#Crypto #trading #company
"How sustainable is the crypto rebound? We believe it has legs," ****** yst John Todaro wrote in a note to clients, identifying three factors supporting the firm's ****** sment.
The first factor is a potential rotation in investor attention and capital. Needham said artificial intelligence stocks, which previously attracted significant retail participation, have cooled as regulatory pressures increase ahead of the midterm elections.
Retail trading activity in commodities, including oil and metals, has also moderated.
Against that backdrop, Needham believes digital ****** ets could become relatively more attractive to investors again as competing speculative trades lose some of their momentum.
#Crypto #trading #company
14 days ago
MLPs like EPD carry UBTI risk inside an IRA, and their natural return-of-capital tax shelter already makes taxable accounts the better fit.
An 8% high-yield portfolio costs a 24% bracket investor $9,600 annually in taxes that a Roth eliminates entirely.
REITs and BDCs pay ordinary income taxed at your marginal rate. Roth placement converts that liability into permanent tax-free compounding.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Enterprise Products Partners didn't make the cut. Grab the names FREE today.
Every April, high-yield investors in the 24% federal bracket quietly write a check to the IRS that they never had to send. A $500,000 portfolio spinning off roughly 8% in blended yield hands the government $9,600 per year in ordinary income tax when it sits in a taxable brokerage account. Inside a Roth, that same portfolio hands over zero. The stock selection determines whether that gap actually shows up, and one popular high-yield ***** et can turn the Roth advantage into a headache.
#Portfolio #free #bracket
An 8% high-yield portfolio costs a 24% bracket investor $9,600 annually in taxes that a Roth eliminates entirely.
REITs and BDCs pay ordinary income taxed at your marginal rate. Roth placement converts that liability into permanent tax-free compounding.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Enterprise Products Partners didn't make the cut. Grab the names FREE today.
Every April, high-yield investors in the 24% federal bracket quietly write a check to the IRS that they never had to send. A $500,000 portfolio spinning off roughly 8% in blended yield hands the government $9,600 per year in ordinary income tax when it sits in a taxable brokerage account. Inside a Roth, that same portfolio hands over zero. The stock selection determines whether that gap actually shows up, and one popular high-yield ***** et can turn the Roth advantage into a headache.
#Portfolio #free #bracket
16 days ago
SpaceX's first orbital data center is now due to launch in the fourth quarter of 2027 — about a year earlier than the company told investors when it went public.
The company had earlier noted plans to start deploying satellites "as early as 2028" in its initial May Prospectus. Then on the company's first earnings call on Aug. 4, Musk said launches would start next year. And on Aug. 24 he put a quarter on it: "SpaceX, in partnership with Nvidia, has designed a ******* e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, with significant scale in 2028," he wrote on X.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#next
The company had earlier noted plans to start deploying satellites "as early as 2028" in its initial May Prospectus. Then on the company's first earnings call on Aug. 4, Musk said launches would start next year. And on Aug. 24 he put a quarter on it: "SpaceX, in partnership with Nvidia, has designed a ******* e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year, with significant scale in 2028," he wrote on X.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#next
16 days ago
Technology company Oracle (NYSE: ORCL) builds the core underlying enterprise technology, including software, cloud, and hardware, that large corporations, banks, healthcare providers, and governments use to run their daily operations.
As Oracle expands its cloud and artificial intelligence (AI) infrastructure, Bloom Energy (NYSE: BE) has emerged as its single largest specialized power partner, securing a massive deal in April to supply up to 2.8 gigawatts (GW) of on-site fuel cell electricity.
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 »
Because public electrical grids take years to approve and connect massive industrial loads, Oracle relies on a mix of traditional utility grids, clean energy developers, and fast-deploying, on-site solutions, but Bloom is the largest part of that mix, especially because its fuel cells can generate electricity with minimal emissions.
Under a master services agreement, Oracle contracted for an initial 1.2 GW of solid oxide fuel cell capacity, which scaled up to 2.8 GW. Because Bloom's natural gas-fueled power servers can be installed directly on-site in as little as 55 to 90 days, they allow Oracle to bypass standard grid queue bottlenecks.
#NVIDIA #signal #fuel
As Oracle expands its cloud and artificial intelligence (AI) infrastructure, Bloom Energy (NYSE: BE) has emerged as its single largest specialized power partner, securing a massive deal in April to supply up to 2.8 gigawatts (GW) of on-site fuel cell electricity.
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 »
Because public electrical grids take years to approve and connect massive industrial loads, Oracle relies on a mix of traditional utility grids, clean energy developers, and fast-deploying, on-site solutions, but Bloom is the largest part of that mix, especially because its fuel cells can generate electricity with minimal emissions.
Under a master services agreement, Oracle contracted for an initial 1.2 GW of solid oxide fuel cell capacity, which scaled up to 2.8 GW. Because Bloom's natural gas-fueled power servers can be installed directly on-site in as little as 55 to 90 days, they allow Oracle to bypass standard grid queue bottlenecks.
#NVIDIA #signal #fuel
16 days ago
Jim Cramer highlighted Sandisk Corporation (NASDAQ:SNDK) capital-return plans on the August 24 episode of Mad Money, as he said:
I do not envy the executives trying to appease shareholders with giant returns of capital. Most companies have a preset pattern. The average company in the S&P 500 returns a great deal of the profits to shareholders. Some companies take a pretty extreme approach. Apple returned roughly 94% of its profits, mostly in the form of buybacks, and it dramatically shrunk its share count. That worked fabulously for years as the buyback crunched on and on...
Sandisk has a similar playbook. At its August 13th investor day, the memory maker dazzled with the announcement that it intends to return 100% of its excess cash to shareholders. The company rewarded shareholders with $4.5 billion in buybacks in its fiscal fourth quarter alone. Also added $14 billion to its repurchase authorization. That's one reason why the stock's up 529% year to date. That's the number one performer in the S&P 500… They kind of issued a put, a floor on the stock. Dell, the third-best performer, up 244%, wow, returned 126% of its net income to shareholders, 126%, mostly through buybacks. Net income was $5.9 billion. Buybacks were about $7.5 billion. I know that sounds reckless, but Dell's operating cash flow is more than $11 billion. They can afford it.
Sandisk Corporation's (NASDAQ:SNDK) fiscal 2026 results explain why investors have been willing to ***** ign the company a dramatically higher valuation. Revenue reached $20.25 billion, up 175% from fiscal 2025, while GAAP net income reached $11.43 billion, compared with a $1.64 billion loss a year earlier. Q4 revenue alone reached $8.97 billion, up 51% sequentially and 372% year over year. The most striking change was profitability. The company's fourth-quarter non-GAAP gross margin reached 84.6%, compared with 78.4% in the previous quarter and 26.4% in the year-ago quarter.
It is worth noting that the company said roughly two-thirds of its sequential fourth-quarter revenue increase came from pricing, while about one-third came from higher volume. If NAND prices remain elevated, Sandisk's unusually high gross margins give it substantial operating leverage.
#quarter #year #sandisk #revenue
I do not envy the executives trying to appease shareholders with giant returns of capital. Most companies have a preset pattern. The average company in the S&P 500 returns a great deal of the profits to shareholders. Some companies take a pretty extreme approach. Apple returned roughly 94% of its profits, mostly in the form of buybacks, and it dramatically shrunk its share count. That worked fabulously for years as the buyback crunched on and on...
Sandisk has a similar playbook. At its August 13th investor day, the memory maker dazzled with the announcement that it intends to return 100% of its excess cash to shareholders. The company rewarded shareholders with $4.5 billion in buybacks in its fiscal fourth quarter alone. Also added $14 billion to its repurchase authorization. That's one reason why the stock's up 529% year to date. That's the number one performer in the S&P 500… They kind of issued a put, a floor on the stock. Dell, the third-best performer, up 244%, wow, returned 126% of its net income to shareholders, 126%, mostly through buybacks. Net income was $5.9 billion. Buybacks were about $7.5 billion. I know that sounds reckless, but Dell's operating cash flow is more than $11 billion. They can afford it.
Sandisk Corporation's (NASDAQ:SNDK) fiscal 2026 results explain why investors have been willing to ***** ign the company a dramatically higher valuation. Revenue reached $20.25 billion, up 175% from fiscal 2025, while GAAP net income reached $11.43 billion, compared with a $1.64 billion loss a year earlier. Q4 revenue alone reached $8.97 billion, up 51% sequentially and 372% year over year. The most striking change was profitability. The company's fourth-quarter non-GAAP gross margin reached 84.6%, compared with 78.4% in the previous quarter and 26.4% in the year-ago quarter.
It is worth noting that the company said roughly two-thirds of its sequential fourth-quarter revenue increase came from pricing, while about one-third came from higher volume. If NAND prices remain elevated, Sandisk's unusually high gross margins give it substantial operating leverage.
#quarter #year #sandisk #revenue
17 days ago
The London Company, an investment management company, released its second-quarter 2026 investor letter for its "Small-Mid Cap Strategy." The letter can be downloaded here. U.S. equities rebounded sharply in Q2, with the Russell 3000 gaining 15.4%, supported by AI infrastructure spending, strong earnings, and easing Middle East tensions. Technology led the rally as semiconductors recovered, while Energy and defensive sectors lagged. The portfolio returned 12.1% gross and 11.8% net compared with a 20.3% gain in the Russell 2500 Index. Stock selection weighed on relative performance, as high-beta and high-volatility stocks dominated returns while Quality remained weak, although results improved in June as market participation broadened. Looking ahead, resilient earnings and AI productivity support a constructive outlook, but negative hyperscaler cash flow, sticky inflation, geopolitical risks, index concentration, and elevated valuations warrant caution. The strategy continues to emphasize quality, downside protection, and active management. Additionally, reviewing the Fund's top five holdings could also highlight its best ideas for 2026.
In its second-quarter 2026 investor letter, London Company SMID Cap Strategy highlighted White Mountains Insurance Group, Ltd. (NYSE:WTM). Headquartered in Hamilton, Bermuda, White Mountains Insurance Group, Ltd. (NYSE:WTM) is an insurance and other financial services provider. On August 26, 2026, White Mountains Insurance Group, Ltd. (NYSE:WTM) closed at $2,132.74 per share. Over the past month, White Mountains Insurance Group, Ltd. (NYSE:WTM) returned 0.39%, while its shares have gained 16.52% in the last 52 weeks. White Mountains Insurance Group, Ltd. (NYSE:WTM) has a market capitalization of $5.09 billion.
London Company SMID Cap Strategy stated the following regarding White Mountains Insurance Group, Ltd. (NYSE:WTM) in its Q2 2026 investor letter:
"White Mountains Insurance Group, Ltd. (NYSE:WTM) lagged during an otherwise uneventful quarter following strong prior period performance driven by the Bamboo transaction. The shares also benefited less from the broader market rebound after proving relatively defensive earlier in the year. We remain confident in management's disciplined capital allocation and ability to compound book value per share over the long term."
White Mountains Insurance Group, Ltd. (NYSE:WTM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held White Mountains Insurance Group, Ltd. (NYSE:WTM) at the end of the second quarter which was 22 in the previous quarter. While we acknowledge the potential of White Mountains Insurance Group, Ltd. (NYSE:WTM) 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
In its second-quarter 2026 investor letter, London Company SMID Cap Strategy highlighted White Mountains Insurance Group, Ltd. (NYSE:WTM). Headquartered in Hamilton, Bermuda, White Mountains Insurance Group, Ltd. (NYSE:WTM) is an insurance and other financial services provider. On August 26, 2026, White Mountains Insurance Group, Ltd. (NYSE:WTM) closed at $2,132.74 per share. Over the past month, White Mountains Insurance Group, Ltd. (NYSE:WTM) returned 0.39%, while its shares have gained 16.52% in the last 52 weeks. White Mountains Insurance Group, Ltd. (NYSE:WTM) has a market capitalization of $5.09 billion.
London Company SMID Cap Strategy stated the following regarding White Mountains Insurance Group, Ltd. (NYSE:WTM) in its Q2 2026 investor letter:
"White Mountains Insurance Group, Ltd. (NYSE:WTM) lagged during an otherwise uneventful quarter following strong prior period performance driven by the Bamboo transaction. The shares also benefited less from the broader market rebound after proving relatively defensive earlier in the year. We remain confident in management's disciplined capital allocation and ability to compound book value per share over the long term."
White Mountains Insurance Group, Ltd. (NYSE:WTM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held White Mountains Insurance Group, Ltd. (NYSE:WTM) at the end of the second quarter which was 22 in the previous quarter. While we acknowledge the potential of White Mountains Insurance Group, Ltd. (NYSE:WTM) 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
18 days ago
When Salesforce (CRM) reports second-quarter earnings on Wednesday, bullish **** ysts will be looking for management to stick with its guidance for organic revenue growth to reaccelerate in the second half of the fiscal year. Heading into the earnings report, Salesforce stock has gained 33% since June 30 but is still down 21% in 2026.
Software stocks generally have rebounded in July and August, with some investors shrugging off worries over artificial intelligence disrupting the industry.
In Q2 earnings report previews, Wall Street **** ysts have focused on trends in customer contract renewals, the company's acquisition spree since May 2025, continued management turnover, and traction with new AI products. When reporting Q1 financial results, management guided to a revenue growth reacceleration in late 2026.
"We believe the primary driver of upside to the shares from current levels will be led by a re-rating, the magnitude and timing of which will depend on the revenue growth acceleration," said JPMorgan **** yst Samik Chatterjee, in a report.
In Q2, **** ysts project adjusted EPS of $3.28, up 12%, with revenue growing nearly 11% to $11.33 billion.
#revenue
Software stocks generally have rebounded in July and August, with some investors shrugging off worries over artificial intelligence disrupting the industry.
In Q2 earnings report previews, Wall Street **** ysts have focused on trends in customer contract renewals, the company's acquisition spree since May 2025, continued management turnover, and traction with new AI products. When reporting Q1 financial results, management guided to a revenue growth reacceleration in late 2026.
"We believe the primary driver of upside to the shares from current levels will be led by a re-rating, the magnitude and timing of which will depend on the revenue growth acceleration," said JPMorgan **** yst Samik Chatterjee, in a report.
In Q2, **** ysts project adjusted EPS of $3.28, up 12%, with revenue growing nearly 11% to $11.33 billion.
#revenue
18 days ago
The S&P 500 Index ($SPX) (SPY) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.97%. E-mini S&P futures (ESU26) fell -0.27%, and September E-mini Nasdaq futures (NQU26) fell -0.95%.
Stock indices settled mostly lower on Monday, with the S&P 500 falling to a 2.5-week low and the Nasdaq 100 falling to a 3-week low. The broader market was under pressure on Monday amid the weakness in chipmakers and AI-infrastructure stocks. Also, weighing on market sentiment was the collapse of trade talks late last Friday between Canada and the US, prompting the US to apply a 50% tariff on about $20 billion of Canadian goods. Canada announced retaliation on US goods that will take effect on September 8.
IonQ vs. Rigetti: The Better Quantum Computing Stock for Long-Term Investors
Stocks Set to Open Lower as Chipmakers Get Hit, Nvidia Earnings and Warsh's Jackson Hole Speech Awaited
QQQ is Still in a Negative Gamma Regime. Here's How a 'Put Wall' and Fibonacci Support Could Come Into Play.
#closed #Stock #lower #stocks
Stock indices settled mostly lower on Monday, with the S&P 500 falling to a 2.5-week low and the Nasdaq 100 falling to a 3-week low. The broader market was under pressure on Monday amid the weakness in chipmakers and AI-infrastructure stocks. Also, weighing on market sentiment was the collapse of trade talks late last Friday between Canada and the US, prompting the US to apply a 50% tariff on about $20 billion of Canadian goods. Canada announced retaliation on US goods that will take effect on September 8.
IonQ vs. Rigetti: The Better Quantum Computing Stock for Long-Term Investors
Stocks Set to Open Lower as Chipmakers Get Hit, Nvidia Earnings and Warsh's Jackson Hole Speech Awaited
QQQ is Still in a Negative Gamma Regime. Here's How a 'Put Wall' and Fibonacci Support Could Come Into Play.
#closed #Stock #lower #stocks
19 days ago
Nvidia's 15% price hike hands Alphabet (GOOGL) a sales pitch for its TPUs and keeps Marvell (MRVL) winning regardless of which architecture dominates.
Murphy says Marvell's custom chip business will exceed $10 billion by fiscal 2029, backed by designs already won at every major U.S. hyperscaler.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.
Some of Nvidia's (NASDAQ:NVDA) largest customers have been warned that AI servers built around Grace Blackwell and Vera Rubin chips could cost more than 15% extra in early 2027 as memory prices climb. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is among the data center operators exposed to those increases, putting it in an unusual position.
Alphabet buys Nvidia hardware to serve customers who want it and sells a competing stack built around its own tensor processing units. Management has committed $195 billion to $205 billion in capital spending this year on AI infrastructure, and a new partnership with Marvell (NASDAQ:MRVL) could generate up to $120 billion in custom-chip sales through fiscal 2033.
#googl #NVIDIA
Murphy says Marvell's custom chip business will exceed $10 billion by fiscal 2029, backed by designs already won at every major U.S. hyperscaler.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn't make the cut. Grab the names FREE today.
Some of Nvidia's (NASDAQ:NVDA) largest customers have been warned that AI servers built around Grace Blackwell and Vera Rubin chips could cost more than 15% extra in early 2027 as memory prices climb. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is among the data center operators exposed to those increases, putting it in an unusual position.
Alphabet buys Nvidia hardware to serve customers who want it and sells a competing stack built around its own tensor processing units. Management has committed $195 billion to $205 billion in capital spending this year on AI infrastructure, and a new partnership with Marvell (NASDAQ:MRVL) could generate up to $120 billion in custom-chip sales through fiscal 2033.
#googl #NVIDIA
22 days ago
On August 5, Meta Platforms, Inc. (NASDAQ:META) launched a new AI coding agent called Muse Code and priced it well below rivals Anthropic's Claude Code and OpenAI's Codex in a clear bid to win over developers. The release landed the same week. Reuters reported that a separate Meta AI model exploited a security vulnerability during cybersecurity testing, an incident similar to ones already disclosed at Anthropic and OpenAI.
Muse Code comes in two pricing tiers: one matches Meta Platforms, Inc. (NASDAQ:META)'s general Muse Spark model, and a second, steeply discounted tier runs just 20 cents per million output tokens for users willing to share feedback, pricing that lines up with China's DeepSeek and undercuts even OpenAI's discounted older models.
Meta AI chief Alexandr **** put it simply, saying the pricing can be an incredibly good option for a lot of workflows, especially from a cost perspective. The stakes here are real. Meta shares fell 10% the week before this launch, after Zuckerberg gave investors little new detail about the company's cloud-computing plans on an earnings call, leaving Wall Street hungry for proof that Meta's AI spending can actually generate revenue.
Meanwhile, Meta said a misconfiguration by third-party evaluator Irregular gave its Muse Spark 1.1 model unintended internet access during testing. The model went on to exploit a vulnerability in another company's system, an incident both Meta and Irregular describe as contained.
Can aggressive pricing win Meta real market share in coding agents fast enough to satisfy investors, even as fresh AI safety questions pile up around these same models?
#muse #code
Muse Code comes in two pricing tiers: one matches Meta Platforms, Inc. (NASDAQ:META)'s general Muse Spark model, and a second, steeply discounted tier runs just 20 cents per million output tokens for users willing to share feedback, pricing that lines up with China's DeepSeek and undercuts even OpenAI's discounted older models.
Meta AI chief Alexandr **** put it simply, saying the pricing can be an incredibly good option for a lot of workflows, especially from a cost perspective. The stakes here are real. Meta shares fell 10% the week before this launch, after Zuckerberg gave investors little new detail about the company's cloud-computing plans on an earnings call, leaving Wall Street hungry for proof that Meta's AI spending can actually generate revenue.
Meanwhile, Meta said a misconfiguration by third-party evaluator Irregular gave its Muse Spark 1.1 model unintended internet access during testing. The model went on to exploit a vulnerability in another company's system, an incident both Meta and Irregular describe as contained.
Can aggressive pricing win Meta real market share in coding agents fast enough to satisfy investors, even as fresh AI safety questions pile up around these same models?
#muse #code
27 days ago
1 month ago
This story was originally published on QSR. To receive daily news and insights, subscribe to our free daily QSR AM Jolt.
Jeff's Bagel Run, the fast-growing bagel brand known for making its bagels from scratch in every shop throughout the day, has awarded a 10-unit franchise agreement covering Eastern and South Central Pennsylvania.
The agreement marks Jeff's Bagel Run's entry into Pennsylvania and establishes a development corridor extending from the Harrisburg area east through Reading and the Lehigh Valley to suburban Philadelphia. Site selection is now underway, with the franchise group actively evaluating real estate opportunities and leadership resources across the territory.
"Pennsylvania knows its bagels, so we know we'll have to earn our place here," said Jeff Perera, co-founder of Jeff's Bagel Run. "Plenty of bagel brands are growing. We may be the only one doing it the hard way—starting with flour and mixing, boiling and baking every bagel in every shop throughout the day. There are certainly easier ways to scale, but we haven't found one that makes a better bagel. Now we're looking for multiple sites and neighborhoods to bring that experience to Pennsylvania."
The expansion will be led by experienced multi-unit franchisees Jay and Amy DeLuca, along with operating partners Eric Clark and Nadia Hankin who reside in Harrisburg. The group brings extensive experience in site selection, new-store development, building strong teams, marketing and community involvement.
#bagel #pennsylvania #site
Jeff's Bagel Run, the fast-growing bagel brand known for making its bagels from scratch in every shop throughout the day, has awarded a 10-unit franchise agreement covering Eastern and South Central Pennsylvania.
The agreement marks Jeff's Bagel Run's entry into Pennsylvania and establishes a development corridor extending from the Harrisburg area east through Reading and the Lehigh Valley to suburban Philadelphia. Site selection is now underway, with the franchise group actively evaluating real estate opportunities and leadership resources across the territory.
"Pennsylvania knows its bagels, so we know we'll have to earn our place here," said Jeff Perera, co-founder of Jeff's Bagel Run. "Plenty of bagel brands are growing. We may be the only one doing it the hard way—starting with flour and mixing, boiling and baking every bagel in every shop throughout the day. There are certainly easier ways to scale, but we haven't found one that makes a better bagel. Now we're looking for multiple sites and neighborhoods to bring that experience to Pennsylvania."
The expansion will be led by experienced multi-unit franchisees Jay and Amy DeLuca, along with operating partners Eric Clark and Nadia Hankin who reside in Harrisburg. The group brings extensive experience in site selection, new-store development, building strong teams, marketing and community involvement.
#bagel #pennsylvania #site
1 month ago
Amazon trades 13% below its 52-week high while AWS just posted 28% growth at its best operating margin in 15 quarters.
AMZN's consensus target of $314 implies 27% upside, with 62 of 66 ****** ysts rating it Buy despite shares badly lagging 74% earnings growth.
Trainium2 is fully subscribed and Trainium3 nearly committed, locking in a 2027 revenue ramp from OpenAI and Anthropic before the market prices it in.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn't make the cut. Grab the names FREE today.
Amazon (NASDAQ:AMZN) at $247.23 looks attractively priced, with a base case pointing to meaningful upside through the end of 2026. The stock trades roughly 13% below its 52-week high while AWS posts its fastest growth in years, a setup that rarely lasts once the market catches up.
#Growth #trainium2
AMZN's consensus target of $314 implies 27% upside, with 62 of 66 ****** ysts rating it Buy despite shares badly lagging 74% earnings growth.
Trainium2 is fully subscribed and Trainium3 nearly committed, locking in a 2027 revenue ramp from OpenAI and Anthropic before the market prices it in.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Amazon didn't make the cut. Grab the names FREE today.
Amazon (NASDAQ:AMZN) at $247.23 looks attractively priced, with a base case pointing to meaningful upside through the end of 2026. The stock trades roughly 13% below its 52-week high while AWS posts its fastest growth in years, a setup that rarely lasts once the market catches up.
#Growth #trainium2
2 months ago
For the first time in several quarters, there's genuine uncertainty around what the Federal Reserve is going to do at its upcoming July 28-29 meeting.
According to the latest dot plot report, about half of the Fed's voting members favor a rate hike by year-end, while the other half don't. New chair Kevin Warsh himself decided not to submit his own economic projection in June and has been vague about where and when he thinks rates will move next. The only real indication he's given is that he has "no tolerance" for high inflation.
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 »
The markets hate uncertainty, and this situation is loaded with it. So how should you position your portfolio heading into the July Fed meeting? The best solution might be the simplest one.
A lot of people are going to be tempted to make trades or portfolio adjustments based on whether they think the Fed will hold rates steady or hike them.
#NVIDIA #flashing #first #uncertainty
According to the latest dot plot report, about half of the Fed's voting members favor a rate hike by year-end, while the other half don't. New chair Kevin Warsh himself decided not to submit his own economic projection in June and has been vague about where and when he thinks rates will move next. The only real indication he's given is that he has "no tolerance" for high inflation.
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 »
The markets hate uncertainty, and this situation is loaded with it. So how should you position your portfolio heading into the July Fed meeting? The best solution might be the simplest one.
A lot of people are going to be tempted to make trades or portfolio adjustments based on whether they think the Fed will hold rates steady or hike them.
#NVIDIA #flashing #first #uncertainty
2 months ago
Barclays upgraded CarMax (KMX) from "Underweight" to "Equal Weight" on July 21, simultaneously raising its price target by 65% to $61. The move signals a huge shift in the investment firm's stance, acknowledging that management's turnaround efforts have gained tangible traction.
The upgraded target was set to more accurately reflect the 51% increase in CarMax's share price that had already occurred, suggesting Barclays was playing catch-up with a rally it had previously doubted.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#Stock #carmax
The upgraded target was set to more accurately reflect the 51% increase in CarMax's share price that had already occurred, suggesting Barclays was playing catch-up with a rally it had previously doubted.
PayPal Says a $53 Billion Takeover Offer from Stripe Undervalues It. How to Play PYPL Stock Here.
Billionaire Jeff Bezos Called Amazon's Customer Service to Prove a Point But Waited in Silence for More Than 10 Minutes — 'It Was Really Long'
Micron Stock Is Near Bear-Market Territory. Here's Why ASML's Guidance Says Buy the Dip.
#Stock #carmax
2 months ago
Oklo's (NYSE: OKLO) stock price has declined by more than 42% in 2026 as of this writing, but ******* ysts are still generally optimistic about the future. Of 22 ******* yst ratings tracked by CNN, the median one-year price target is $87.
That suggests significant gains are ahead, but there's a reason why investors will still want to proceed with caution before buying Oklo stock.
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 »
From Oklo's July 16 closing price of $41.11, reaching that median price target of $87 would provide a potential return of roughly 112%. Of the 22 ******* ysts mentioned earlier, the most bullish has a price target of $140, which would imply upside of more than 240%.
At first glance, Oklo appears to be a compelling investment. Those price targets, however, even at the median, may be a bit too optimistic for the next 12 months.
That suggests significant gains are ahead, but there's a reason why investors will still want to proceed with caution before buying Oklo stock.
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 »
From Oklo's July 16 closing price of $41.11, reaching that median price target of $87 would provide a potential return of roughly 112%. Of the 22 ******* ysts mentioned earlier, the most bullish has a price target of $140, which would imply upside of more than 240%.
At first glance, Oklo appears to be a compelling investment. Those price targets, however, even at the median, may be a bit too optimistic for the next 12 months.
2 months ago
MannKind Corporation (NASDAQ:MNKD) is one of the Best Penny Stocks to Invest In According to Billionaires. MannKind Corporation (NASDAQ:MNKD) has gained roughly 20% since the FDA approved Afrezza, which is an inhaled insulin for children and adolescents aged 6 and older with type 1 or type 2 diabetes. The news came on May 29.
Management noted that this approval expands Afrezza beyond adults, where it was already approved. More than 350,000 children and adolescents in the US have diabetes, and most need lifelong insulin therapy. The drug works through the company's Technosphere platform, delivering insulin via the lungs for rapid absorption. Moreover, the approval was based on the INHALE-1 trial plus two decades of additional safety and efficacy data on inhaled insulin.
More recently, on June 23, MannKind Corporation (NASDAQ:MNKD) also announced receiving a grant from Breakthrough T1D to support the company's INHALE-1ST clinical study. The trial tests whether Afrezza can be used soon after a type 1 diabetes diagnosis in kids. The company's CEO called the partnership a sign of growing confidence in inhaled insulin's potential for newly diagnosed children.
Moreover, the Street is also bullish on the stock, with ***** ysts' 12-month average price target suggesting more than 54% upside from the current level.
MannKind Corporation (NASDAQ:MNKD) is a biopharmaceutical company that specializes in chronic disease care. Incorporated in 1991, the company provides solutions for serious conditions, such as diabetes, pulmonary hypertension, and fluid overload.
Management noted that this approval expands Afrezza beyond adults, where it was already approved. More than 350,000 children and adolescents in the US have diabetes, and most need lifelong insulin therapy. The drug works through the company's Technosphere platform, delivering insulin via the lungs for rapid absorption. Moreover, the approval was based on the INHALE-1 trial plus two decades of additional safety and efficacy data on inhaled insulin.
More recently, on June 23, MannKind Corporation (NASDAQ:MNKD) also announced receiving a grant from Breakthrough T1D to support the company's INHALE-1ST clinical study. The trial tests whether Afrezza can be used soon after a type 1 diabetes diagnosis in kids. The company's CEO called the partnership a sign of growing confidence in inhaled insulin's potential for newly diagnosed children.
Moreover, the Street is also bullish on the stock, with ***** ysts' 12-month average price target suggesting more than 54% upside from the current level.
MannKind Corporation (NASDAQ:MNKD) is a biopharmaceutical company that specializes in chronic disease care. Incorporated in 1991, the company provides solutions for serious conditions, such as diabetes, pulmonary hypertension, and fluid overload.
2 months ago
The American power grid is about to fail the most important industry it has ever been asked to support.
In fact…the dominoes in this potentially disastrous scenario have already begun to fall. Large companies that right now depend heavily on the grid are making behind-the-scenes moves that are key to understanding what's about to happen next.
Microsoft just signed a 20-year deal to restart the Three Mile Island nuclear plant, a facility that has been offline since 2019. Amazon paid $650 million for a single data center campus to co-locate directly with the Susquehanna nuclear station in Pennsylvania. Google signed agreements with Kairos Power for small modular reactors. Meta has issued a request for proposals seeking up to 4 gigawatts of new nuclear capacity.
These are the most valuable companies on earth…and they're committing billions of dollars and waiting years to lock in power. They are not doing that because the grid is working. They are doing it because the grid is breaking.
This is the story Wall Street has not priced in yet. And it explains why a tiny Canadian-listed Bitcoin miner with infrastructure in Norway, Bitzero Holdings (NASDAQ: AIBZ), just signed a binding letter for a 15-year, $2.6 billion lease.
In fact…the dominoes in this potentially disastrous scenario have already begun to fall. Large companies that right now depend heavily on the grid are making behind-the-scenes moves that are key to understanding what's about to happen next.
Microsoft just signed a 20-year deal to restart the Three Mile Island nuclear plant, a facility that has been offline since 2019. Amazon paid $650 million for a single data center campus to co-locate directly with the Susquehanna nuclear station in Pennsylvania. Google signed agreements with Kairos Power for small modular reactors. Meta has issued a request for proposals seeking up to 4 gigawatts of new nuclear capacity.
These are the most valuable companies on earth…and they're committing billions of dollars and waiting years to lock in power. They are not doing that because the grid is working. They are doing it because the grid is breaking.
This is the story Wall Street has not priced in yet. And it explains why a tiny Canadian-listed Bitcoin miner with infrastructure in Norway, Bitzero Holdings (NASDAQ: AIBZ), just signed a binding letter for a 15-year, $2.6 billion lease.
2 months ago
The S&P 500 Index ($SPX) (SPY) today is down -0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.43%. September E-mini S&P futures (ESU26) are down -0.25%, and September E-mini Nasdaq futures (NQU26) are down -1.50%.
Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. The broader market is under pressure today, led by weakness in chipmakers, after blowout earnings from Samsung Electronics failed to impress. Samsung, the world's largest memory maker by market value, closed down more than -8% in South Korea today even after profit surged 19-fold. Semiconductor stocks are facing heightened scrutiny amid lofty valuations as investors question whether hundreds of billions of dollars in spending on artificial intelligence can be sustained. However, strength in software stocks is a supportive factor for the overall market.
Broadcom's Largest AI Customer Is Fleeing to MediaTek. AVGO Stock Is Still a Buy.
Nasdaq Futures Plunge as Samsung Sparks Chip Selloff
Mark Cuban Asks What If You Didn't Need Health Insurance — And Hospitals Just Treated You, Then Took 10% of Your Pay?
Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. The broader market is under pressure today, led by weakness in chipmakers, after blowout earnings from Samsung Electronics failed to impress. Samsung, the world's largest memory maker by market value, closed down more than -8% in South Korea today even after profit surged 19-fold. Semiconductor stocks are facing heightened scrutiny amid lofty valuations as investors question whether hundreds of billions of dollars in spending on artificial intelligence can be sustained. However, strength in software stocks is a supportive factor for the overall market.
Broadcom's Largest AI Customer Is Fleeing to MediaTek. AVGO Stock Is Still a Buy.
Nasdaq Futures Plunge as Samsung Sparks Chip Selloff
Mark Cuban Asks What If You Didn't Need Health Insurance — And Hospitals Just Treated You, Then Took 10% of Your Pay?
