29 days ago
Verizon yields 6% versus AT&T's 5%, but AT&T slashed its dividend 47% in 2022 while Verizon has raised its payout for 20 consecutive years.
AT&T's EchoStar (SATS) spectrum purchase pushes its leverage from 2.68x toward 3.2x, delaying a return to its 2.5x target by roughly three years.
Verizon's 2026 free cash flow grows 9-10% to roughly $22B; AT&T's management says dividends and buybacks will consume essentially 100% of its FCF.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Verizon (NYSE:VZ) orAT&T (NYSE:T): Which yield can you trust to keep paying, and growing, for the next decade? I pick Verizon, and the gap between the two is wider than the reported yields suggest.
#verizon #years
AT&T's EchoStar (SATS) spectrum purchase pushes its leverage from 2.68x toward 3.2x, delaying a return to its 2.5x target by roughly three years.
Verizon's 2026 free cash flow grows 9-10% to roughly $22B; AT&T's management says dividends and buybacks will consume essentially 100% of its FCF.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Verizon (NYSE:VZ) orAT&T (NYSE:T): Which yield can you trust to keep paying, and growing, for the next decade? I pick Verizon, and the gap between the two is wider than the reported yields suggest.
#verizon #years
2 months ago
This story was originally published on Bisnow, the newsroom global commercial real estate reads first. To receive daily news and **** ysis, subscribe to Bisnow's free suite of newsletters.
The following article is a collaboration between Bisnow and business tech publication IT Brew.
It was Thanksgiving week in 2022 — a time when most employees are hard to find, let alone critical pieces of data center power infrastructure. And Kurt Bogle needed a transformer.
Bogle, then a senior regional director of critical facilities operations at NTT Global Data Centers, oversaw seven operational buildings around Chicago and Virginia and a staff of about 150 people. After a transformer failed a test, Bogle had to find a replacement and coordinate a swap with the on-site managers — all without disrupting service.
Thankfully, Bogle found a spare, but his experience illustrates the importance of systems thinkers at data centers who know how to acquire the resources necessary to maintain data centers' high uptime expectations. Given supply chain limitations and a steady build-out of data centers, such expertise is more crucial than ever — and there are signs a labor shortage is underway, threatening Big Tech's artificial intelligence ambitions and the reliable operation of mission-critical facilities.
#data #critical
The following article is a collaboration between Bisnow and business tech publication IT Brew.
It was Thanksgiving week in 2022 — a time when most employees are hard to find, let alone critical pieces of data center power infrastructure. And Kurt Bogle needed a transformer.
Bogle, then a senior regional director of critical facilities operations at NTT Global Data Centers, oversaw seven operational buildings around Chicago and Virginia and a staff of about 150 people. After a transformer failed a test, Bogle had to find a replacement and coordinate a swap with the on-site managers — all without disrupting service.
Thankfully, Bogle found a spare, but his experience illustrates the importance of systems thinkers at data centers who know how to acquire the resources necessary to maintain data centers' high uptime expectations. Given supply chain limitations and a steady build-out of data centers, such expertise is more crucial than ever — and there are signs a labor shortage is underway, threatening Big Tech's artificial intelligence ambitions and the reliable operation of mission-critical facilities.
#data #critical
2 months ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
The combined application of six artificial intelligence-enabled levers can cut project costs by 17% to 20% while trimming schedules by 22% to 25%, according to an ***** ysis of a sample, 180,000-square-foot multifamily project by Suffolk Construction and the Massachusetts Institute of Technology.
Suffolk and MIT published a white paper that tags six interrelated construction processes where AI can spur productivity gains.
The study's authors cite improvements in AI models, the tech's ability to sift through mounds of construction data and economic pressures to adopt AI as the driving forces behind the industry's increasing focus on AI.
The paper, ***** led "Construction in the Age of AI," defines the six key levers as:
#suffolk #published #levers #institute
The combined application of six artificial intelligence-enabled levers can cut project costs by 17% to 20% while trimming schedules by 22% to 25%, according to an ***** ysis of a sample, 180,000-square-foot multifamily project by Suffolk Construction and the Massachusetts Institute of Technology.
Suffolk and MIT published a white paper that tags six interrelated construction processes where AI can spur productivity gains.
The study's authors cite improvements in AI models, the tech's ability to sift through mounds of construction data and economic pressures to adopt AI as the driving forces behind the industry's increasing focus on AI.
The paper, ***** led "Construction in the Age of AI," defines the six key levers as:
#suffolk #published #levers #institute
2 months ago
On this episode of Stock Movers:- Dave & Buster's (PLAY) shares are lower after it reported revenue for the second quarter that missed the average ***** yst estimate.- Coinbase (COIN) along with other crypto shares along with Bitcoin are sliding ahead of the Senate's vote on the CLARITY Act that would regulate digital ***** ets and the crypto industry.- Waystar (WAY) shares are higher after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.
#dave
#dave
2 months ago
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
2 months ago
SAN FRANCISCO, Calif. — New PayPal (PYPL) CEO Enrique Lores doesn't sound like a guy running toward the exit after inking a huge deal to sell the company he just started leading. He sounds like a veteran top executive who's head-down trying to reinvent a fintech icon.
"First of all, we have said that we are totally open and objective to evaluating the plan that we have versus external offers," Lores told Yahoo Finance from the Goldman Sachs Communacopia & Tech Conference (video above). "We will always choose whatever provides more value. We have three growing businesses, three businesses where we can increase the value and the profit that we generate. We believe we have a strong plan to execute. We have the right team, and we think that we are going to be creating a lot of value for shareholders."
Payments player Stripe (STRI.PVT) and private firm Advent International walked away in late August from trying to acquire PayPal for a reported $53 billion, or $60.50 per share, after the board rejected their overture.
It has been speculated that PayPal's board was looking for $70 per share.
PayPal stock has since plunged to $53.20 as investors become more cautious again about the pace of a turnaround. The stock is down 81% over the past five years.
#value #like
"First of all, we have said that we are totally open and objective to evaluating the plan that we have versus external offers," Lores told Yahoo Finance from the Goldman Sachs Communacopia & Tech Conference (video above). "We will always choose whatever provides more value. We have three growing businesses, three businesses where we can increase the value and the profit that we generate. We believe we have a strong plan to execute. We have the right team, and we think that we are going to be creating a lot of value for shareholders."
Payments player Stripe (STRI.PVT) and private firm Advent International walked away in late August from trying to acquire PayPal for a reported $53 billion, or $60.50 per share, after the board rejected their overture.
It has been speculated that PayPal's board was looking for $70 per share.
PayPal stock has since plunged to $53.20 as investors become more cautious again about the pace of a turnaround. The stock is down 81% over the past five years.
#value #like
2 months ago
Wall Street has bid up defense contractors on geopolitical tensions alongside expanded missile-defense funding, but Northrop Grumman Corporation (NYSE:NOC) remains an outlier. On September 4, 2026, the company secured a $508.5 million Missile Defense Agency contract for ICBM and IRBM target flight-test support running through 2035. The non-competitive contract follows the $3 billion (approx.) in framework agreements to expand solid-rocket-motor production for PAC-3 and THAAD interceptors. Despite these bookings, stock slipped 2.5% to $515. The stock is trading near 16 times earnings and 33% below its peak, making Northrop one of the lowest-multiple prime defense contractors.
Northrop is one of the largest-cap defense contractors with exposure to Golden Dome through ******* e sensors and interceptors, while the Sentinel ICBM and the B-21 bomber provide additional exposure to broader U.S. strategic modernization. The recent bookings back that up: the $508.5 million MDA award, the ~$3 billion PAC-3 and THAAD agreements that will double and triple solid-rocket-motor capacity, and $1.4 billion of IBCS-related U.S. and Polish air-and-missile-defense awards announced in 2025. The latest MDA contract includes cost-plus, cost-reimbursable, and fixed-price-incentive elements, which reduce some financial exposure compared with purely fixed-price development work. Long-term missile-shield funding, however, remains tied to both political and defense bets. Legislative approval introduces timing risk, but the bull thesis is already working.
Execution problems explain the valuation discount. The Sentinel ICBM program triggered a critical Nunn-McCurdy breach after projected costs rose 81% to roughly $141 billion, forcing a Pentagon program restructuring. Concurrently, low-rate initial production on the B-21 bomber generated approximately $2 billion in pre-tax charges on fixed-price commitments. Management must demonstrate that these losses have ceased. Till then, multiple expansion will remain limited. Lockheed trades at roughly 19 times earnings compared with Northrop at about 16 times.
Institutional positioning does not point to aggressiveness in short trades. Our Insider Monkey database tracked 59 hedge funds holding NOC in the second quarter of 2026, compared to 62 in the first quarter. Short interest sits at 1.7% of the float, representing a low number of bets against the stock. Paired with -0.11 beta and a 1.9% dividend yield, the stock offers portfolio diversification at a discounted entry multiple.
#northrop
Northrop is one of the largest-cap defense contractors with exposure to Golden Dome through ******* e sensors and interceptors, while the Sentinel ICBM and the B-21 bomber provide additional exposure to broader U.S. strategic modernization. The recent bookings back that up: the $508.5 million MDA award, the ~$3 billion PAC-3 and THAAD agreements that will double and triple solid-rocket-motor capacity, and $1.4 billion of IBCS-related U.S. and Polish air-and-missile-defense awards announced in 2025. The latest MDA contract includes cost-plus, cost-reimbursable, and fixed-price-incentive elements, which reduce some financial exposure compared with purely fixed-price development work. Long-term missile-shield funding, however, remains tied to both political and defense bets. Legislative approval introduces timing risk, but the bull thesis is already working.
Execution problems explain the valuation discount. The Sentinel ICBM program triggered a critical Nunn-McCurdy breach after projected costs rose 81% to roughly $141 billion, forcing a Pentagon program restructuring. Concurrently, low-rate initial production on the B-21 bomber generated approximately $2 billion in pre-tax charges on fixed-price commitments. Management must demonstrate that these losses have ceased. Till then, multiple expansion will remain limited. Lockheed trades at roughly 19 times earnings compared with Northrop at about 16 times.
Institutional positioning does not point to aggressiveness in short trades. Our Insider Monkey database tracked 59 hedge funds holding NOC in the second quarter of 2026, compared to 62 in the first quarter. Short interest sits at 1.7% of the float, representing a low number of bets against the stock. Paired with -0.11 beta and a 1.9% dividend yield, the stock offers portfolio diversification at a discounted entry multiple.
#northrop
2 months ago
JBM Packaging has opened a 52,500ft² site in Lebanon, Ohio, US, approximately a mile from its main base, as it expands its contract packaging, kitting and filling activities.
The facility will support up to 50 additional jobs.
It will house operations that had previously been run from rented premises in Queensgate, where JBM began its contract packaging business in 2021.
The new building has 28ft clear-height ceilings, dense warehouse racking and a layout intended to improve the movement of materials and completed goods.
JBM said the move lifts total machine capacity by 50%, giving it scope to handle a larger share of customers' packaging requirements, including planning, production and distribution.
#contract
The facility will support up to 50 additional jobs.
It will house operations that had previously been run from rented premises in Queensgate, where JBM began its contract packaging business in 2021.
The new building has 28ft clear-height ceilings, dense warehouse racking and a layout intended to improve the movement of materials and completed goods.
JBM said the move lifts total machine capacity by 50%, giving it scope to handle a larger share of customers' packaging requirements, including planning, production and distribution.
#contract
2 months ago
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Ben Spiegelman, Head of Institutional at Base, to break down Coinbase's newly launched tokenized stocks. Zach Pandl, Head of Research at Grayscale, unpacks the debut of the first-ever Zcash ETF. Plus, Solstice CEO Ben Nadareski explains strcUSX, a Solana-based product that splits the economics of Strategy's STRC preferred into senior and junior tranches.-Learn more at bullish.com.-Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com.-To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp.
#Stock #jennifer
#Stock #jennifer
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
With the SAVE program ending and major changes for federal student loan borrowers this year, now could be a good time to review your repayment plan — which may also include refinancing.
Refinancing your student loans can help you score a lower interest rate or consolidate multiple monthly payments into one. But if you're refinancing federal student loans, you could also lose some valuable protections and forgiveness opportunities.
The first step is finding a student loan refinance lender that works with your budget and timeline. To help you get started, here are some top options today.
Read more: How to refinance your student loans
#refinancing #federal #disclosure
With the SAVE program ending and major changes for federal student loan borrowers this year, now could be a good time to review your repayment plan — which may also include refinancing.
Refinancing your student loans can help you score a lower interest rate or consolidate multiple monthly payments into one. But if you're refinancing federal student loans, you could also lose some valuable protections and forgiveness opportunities.
The first step is finding a student loan refinance lender that works with your budget and timeline. To help you get started, here are some top options today.
Read more: How to refinance your student loans
#refinancing #federal #disclosure
2 months ago
Riverwater Partners, an investment management company, released its 'Small Cap Strategy' Q2 2026 investor letter. The letter can be downloaded here. The Small Cap Strategy underperformed the Russell 2000 in the second quarter as the benchmark experienced one of its strongest risk-on rallies in recent memory, although the strategy remained ahead year-to-date. The quarter was defined by accelerating AI investment, energy market disruptions, and renewed investor appetite for higher-beta stocks, creating headwinds for the firm's quality-focused approach and healthcare positioning. Despite this, stock selection contributed positively in energy, materials, and financials, while healthcare and consumer discretionary detracted due to the fund's disciplined avoidance of speculative businesses. Looking ahead, the firm remains cautiously optimistic, focusing on opportunities created by market dislocations, including AI infrastructure enablers, select consumer companies, healthcare innovators, and energy businesses trading below intrinsic value. The strategy continues to emphasize high-quality companies with strong management teams and attractive valuations, positioning the portfolio for a potential rotation away from speculative market leadership. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted The Middleby Corporation (NASDAQ:MIDD). The Middleby Corporation (NASDAQ:MIDD) is a leading player in the foodservice industry. On August 28, 2026, The Middleby Corporation (NASDAQ:MIDD) closed at $112.75 per share. The one-month return of The Middleby Corporation (NASDAQ:MIDD) was -17.98% and its shares gained 1.19% over the past 52 weeks. The Middleby Corporation (NASDAQ:MIDD) has a market capitalization of $5.14 billion with a 52-week trading range between $89.14 - $148.55.
Riverwater Partners Small Cap Strategy stated the following regarding The Middleby Corporation (NASDAQ:MIDD) in its Q2 2026 investor letter:
"In May we established a position in The Middleby Corporation (NASDAQ:MIDD), the commercial foodservice and food processing equipment leader, funded by trims of Modine (MOD) and Kodiak Gas Services (KGS). Middleby delivered its strongest organic growth in two years, with commercial foodservice up nearly 10% and food processing up 25%, repurchased almost 5% of its shares outstanding in a single quarter, and set a July 6 date for the spin-off of its food processing business. We believe the separation will let the market properly value two focused businesses, and we wanted to own the company ahead of that catalyst."
#middleby #small #riverwater #partners
In its second-quarter 2026 investor letter, Riverwater Partners Small Cap Strategy highlighted The Middleby Corporation (NASDAQ:MIDD). The Middleby Corporation (NASDAQ:MIDD) is a leading player in the foodservice industry. On August 28, 2026, The Middleby Corporation (NASDAQ:MIDD) closed at $112.75 per share. The one-month return of The Middleby Corporation (NASDAQ:MIDD) was -17.98% and its shares gained 1.19% over the past 52 weeks. The Middleby Corporation (NASDAQ:MIDD) has a market capitalization of $5.14 billion with a 52-week trading range between $89.14 - $148.55.
Riverwater Partners Small Cap Strategy stated the following regarding The Middleby Corporation (NASDAQ:MIDD) in its Q2 2026 investor letter:
"In May we established a position in The Middleby Corporation (NASDAQ:MIDD), the commercial foodservice and food processing equipment leader, funded by trims of Modine (MOD) and Kodiak Gas Services (KGS). Middleby delivered its strongest organic growth in two years, with commercial foodservice up nearly 10% and food processing up 25%, repurchased almost 5% of its shares outstanding in a single quarter, and set a July 6 date for the spin-off of its food processing business. We believe the separation will let the market properly value two focused businesses, and we wanted to own the company ahead of that catalyst."
#middleby #small #riverwater #partners
2 months ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the Q2 sales beat to tangible progress in the 'Consumer First Formula,' specifically citing a return to digital growth and accelerated expanded distribution through Amazon and Ulta.
The company is shifting from seasonal collections to enduring franchises, exemplified by the Fruit Fusion launch which exceeded expectations and achieved higher average unit retail (AUR) than core **** ortments.
Strategic portfolio discipline led to the decision to exit the Home Care category (laundry and kitchen), as it represents less than 1% of sales and creates disproportionate operational complexity.
Digital performance improved 4 percentage points sequentially, driven by enhanced storytelling, personalization, and a lower free shipping threshold of $50.
#tell #formula
Management attributes the Q2 sales beat to tangible progress in the 'Consumer First Formula,' specifically citing a return to digital growth and accelerated expanded distribution through Amazon and Ulta.
The company is shifting from seasonal collections to enduring franchises, exemplified by the Fruit Fusion launch which exceeded expectations and achieved higher average unit retail (AUR) than core **** ortments.
Strategic portfolio discipline led to the decision to exit the Home Care category (laundry and kitchen), as it represents less than 1% of sales and creates disproportionate operational complexity.
Digital performance improved 4 percentage points sequentially, driven by enhanced storytelling, personalization, and a lower free shipping threshold of $50.
#tell #formula
2 months ago
VIGAX markets itself as a growth index fund, but just four stocks (NVIDIA, Apple, Alphabet, and Microsoft) consume 45% of ****** ets.
VUG mirrors VIGAX's identical portfolio at 0.03% with no minimum and delivers better tax efficiency in taxable accounts.
VUG returned 404% over 10 years but dropped harder than the S&P 500 in 2022 when growth multiples compressed.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and VIGAX didn't make the cut. Grab the names FREE today.
Four stocks account for roughly 44.6% of Vanguard Growth Index Fund Admiral Shares (VIGAX). If you own this fund, you own a concentrated bet on NVIDIA, Apple, Alphabet, and Microsoft, wrapped in an index label. That is the story worth understanding before another dollar goes in.
#Growth #index #Apple
VUG mirrors VIGAX's identical portfolio at 0.03% with no minimum and delivers better tax efficiency in taxable accounts.
VUG returned 404% over 10 years but dropped harder than the S&P 500 in 2022 when growth multiples compressed.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and VIGAX didn't make the cut. Grab the names FREE today.
Four stocks account for roughly 44.6% of Vanguard Growth Index Fund Admiral Shares (VIGAX). If you own this fund, you own a concentrated bet on NVIDIA, Apple, Alphabet, and Microsoft, wrapped in an index label. That is the story worth understanding before another dollar goes in.
#Growth #index #Apple
2 months ago
The clues to the run sat in dated interconnect milestones, not in the custom-silicon question that dominated the argument surrounding the stock.
Marvell Technology (MRVL) stock returned 233.5% over the past year, against 21.0% for the S&P 500. The argument that filled those months was custom silicon, and whether the company would keep its lead accelerator program. Its own disclosures before the run pointed somewhere quieter, and that is where the payoff came from.
The Earliest Sign Was A Chip, Not A Forecast
In December 2024, Marvell reported that it had begun shipping the industry's first 1.6T PAM DSP, the part inside the optical modules that carry traffic between AI accelerators, and announced a three-nanometer successor designed to cut optical module power by more than 20%. Those PAM parts sit inside the interconnect portfolio, and connectivity had by then become just as critical as the processors themselves, by the company's own account. At its fiscal Q1 2026 results in May 2025, the last quarterly report filed before the run began, management said shipments were underway at five nanometers and the bigger ramp was still ahead.
The Numbers Filed Just Before The Run Cut Both Ways
#Stock #inside
Marvell Technology (MRVL) stock returned 233.5% over the past year, against 21.0% for the S&P 500. The argument that filled those months was custom silicon, and whether the company would keep its lead accelerator program. Its own disclosures before the run pointed somewhere quieter, and that is where the payoff came from.
The Earliest Sign Was A Chip, Not A Forecast
In December 2024, Marvell reported that it had begun shipping the industry's first 1.6T PAM DSP, the part inside the optical modules that carry traffic between AI accelerators, and announced a three-nanometer successor designed to cut optical module power by more than 20%. Those PAM parts sit inside the interconnect portfolio, and connectivity had by then become just as critical as the processors themselves, by the company's own account. At its fiscal Q1 2026 results in May 2025, the last quarterly report filed before the run began, management said shipments were underway at five nanometers and the bigger ramp was still ahead.
The Numbers Filed Just Before The Run Cut Both Ways
#Stock #inside
2 months ago
SNOW is up 47% YTD near its 52-week high as AI agents continuously burn compute credits on Snowflake's consumption-based platform.
SNOW has outpaced SPY by 35 points YTD, but its 169x forward multiple means a guidance raise matters more than another EPS beat.
A $6 billion AWS commitment supports Snowflake's 75% gross-margin target if AI workloads scale but creates cash-flow drag if adoption stalls.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn't make the cut. Grab the names FREE today.
Snowflake (NYSE:SNOW) reports its next quarter on Wednesday, September 2, 2026, after the market closes, and the stock walks in hot. Shares closed at $322.78 on Monday, just under the 52-week high of $341.95 and up 47.15% year to date, compared with the S&P 500's 11.96%.
#high #NVIDIA
SNOW has outpaced SPY by 35 points YTD, but its 169x forward multiple means a guidance raise matters more than another EPS beat.
A $6 billion AWS commitment supports Snowflake's 75% gross-margin target if AI workloads scale but creates cash-flow drag if adoption stalls.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Snowflake didn't make the cut. Grab the names FREE today.
Snowflake (NYSE:SNOW) reports its next quarter on Wednesday, September 2, 2026, after the market closes, and the stock walks in hot. Shares closed at $322.78 on Monday, just under the 52-week high of $341.95 and up 47.15% year to date, compared with the S&P 500's 11.96%.
#high #NVIDIA
2 months ago
By Iain Withers and Wayne Cole
LONDON/SYDNEY, Aug 24 (Reuters) - Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour.
U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on Monday to outline sanctions on Iran, which has shown no sign of relinquishing its control over the vital Strait of Hormuz.
Oil futures were down more than 1% ahead of the announcement as some oil traders took profits after big gains last week. [O/R]
The tech sector was on edge for Nvidia's results on Wednesday; investors are aware how hard it will be for the chipmaker to meet stratospheric expectations.
#Iran #investors #sanctions #sydney
LONDON/SYDNEY, Aug 24 (Reuters) - Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour.
U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on Monday to outline sanctions on Iran, which has shown no sign of relinquishing its control over the vital Strait of Hormuz.
Oil futures were down more than 1% ahead of the announcement as some oil traders took profits after big gains last week. [O/R]
The tech sector was on edge for Nvidia's results on Wednesday; investors are aware how hard it will be for the chipmaker to meet stratospheric expectations.
#Iran #investors #sanctions #sydney
3 months ago
Headquartered in Boston, Massachusetts, Vertex Pharmaceuticals Incorporated (VRTX) is a biotechnology company that develops innovative medicines for serious diseases, including cystic fibrosis (CF), sickle cell disease, beta thalassemia, and acute pain.
Moreover, the company is building beyond its approved treatments with potential therapies targeting genetic and other complex conditions, including kidney, metabolic, and neuromuscular diseases.
Here Is How to Play Tesla Stock After Its Robotaxi Breakthrough
Micron Stock Pullback: High Growth, Low Multiple Support Upside
Strategy Just Sold $334 Million in Shares to Build Cash and Buy Back Preferred Stock. This Hits MSTR Stock Holders With Dilution.
#including #headquartered
Moreover, the company is building beyond its approved treatments with potential therapies targeting genetic and other complex conditions, including kidney, metabolic, and neuromuscular diseases.
Here Is How to Play Tesla Stock After Its Robotaxi Breakthrough
Micron Stock Pullback: High Growth, Low Multiple Support Upside
Strategy Just Sold $334 Million in Shares to Build Cash and Buy Back Preferred Stock. This Hits MSTR Stock Holders With Dilution.
#including #headquartered
3 months ago
Greenhaven Road Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The fund achieved an approximate 11% net return in the second quarter, indicating progress from the first quarter. Key changes to the portfolio will include lower concentration and increased investments with near-term catalysts, alongside a proactive stance on profit-taking. The focus will remain on owning strong businesses and conducting research that challenges consensus views, as several major investments are poised for significant events within the year. Despite declines in market multiples, underlying businesses continue to grow, suggesting a favorable positioning for returns. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Greenhaven Road Capital highlighted Lifecore Biomedical, Inc. (NASDAQ:LFCR). Lifecore Biomedical, Inc. (NASDAQ:LFCR) is an integrated contract development and manufacturing organization that engages in the aseptic fill and finish of formulations and highly viscous sterile injectable pharmaceutical drug and medical device products. On August 14, 2026, Lifecore Biomedical, Inc. (NASDAQ:LFCR) closed at $4.72 per share, reflecting a market capitalization of $178.67 million. Lifecore Biomedical, Inc. (NASDAQ:LFCR) posted a one-month return of -3.41%, while its shares lost 38.78% over the past 52 weeks.
Greenhaven Road Capital stated the following regarding Lifecore Biomedical, Inc. (NASDAQ:LFCR) in its Q2 2026 investor letter:
"Another top-five holding is Lifecore Biomedical, Inc. (NASDAQ:LFCR). The entire thesis is that they can sell their excess manufacturing capacity. The company has announced seven new customers in the past nine months, and while the customers are not named specifically, breadcrumbs indicate at least two large customers. For a relatively new CEO and his revamped sales team, this is tangible progress.
Public investors do not appear to fully value Lifecore's contract wins because lengthy FDA approval processes delay the ******* ociated revenue. Yet those approvals also make the contracts exceptionally sticky, a characteristic private investors are typically more willing to value. I continue to believe the shares will trade higher or the company will be sold. A recent SEC filing indicated that the company continues to evaluate a range of strategic alternatives. Insiders own more than 30% of the company, and in most scenarios I model, a sale would occur at a substantial premium to today's share price, potentially more than 100%. In my opinion, there is little to no takeover premium embedded in the price of the stock. Because Alcon's contractual minimums begin in 2027, growth should return in 2027 and accelerate in 2028. Time will tell if the company remains public."
#lifecore #quarter
In its Q2 2026 investor letter, Greenhaven Road Capital highlighted Lifecore Biomedical, Inc. (NASDAQ:LFCR). Lifecore Biomedical, Inc. (NASDAQ:LFCR) is an integrated contract development and manufacturing organization that engages in the aseptic fill and finish of formulations and highly viscous sterile injectable pharmaceutical drug and medical device products. On August 14, 2026, Lifecore Biomedical, Inc. (NASDAQ:LFCR) closed at $4.72 per share, reflecting a market capitalization of $178.67 million. Lifecore Biomedical, Inc. (NASDAQ:LFCR) posted a one-month return of -3.41%, while its shares lost 38.78% over the past 52 weeks.
Greenhaven Road Capital stated the following regarding Lifecore Biomedical, Inc. (NASDAQ:LFCR) in its Q2 2026 investor letter:
"Another top-five holding is Lifecore Biomedical, Inc. (NASDAQ:LFCR). The entire thesis is that they can sell their excess manufacturing capacity. The company has announced seven new customers in the past nine months, and while the customers are not named specifically, breadcrumbs indicate at least two large customers. For a relatively new CEO and his revamped sales team, this is tangible progress.
Public investors do not appear to fully value Lifecore's contract wins because lengthy FDA approval processes delay the ******* ociated revenue. Yet those approvals also make the contracts exceptionally sticky, a characteristic private investors are typically more willing to value. I continue to believe the shares will trade higher or the company will be sold. A recent SEC filing indicated that the company continues to evaluate a range of strategic alternatives. Insiders own more than 30% of the company, and in most scenarios I model, a sale would occur at a substantial premium to today's share price, potentially more than 100%. In my opinion, there is little to no takeover premium embedded in the price of the stock. Because Alcon's contractual minimums begin in 2027, growth should return in 2027 and accelerate in 2028. Time will tell if the company remains public."
#lifecore #quarter
3 months ago
Filing for Social Security before full retirement age means active farmland management can trigger the earnings test, withholding $1 in benefits per $2 earned above $24,480.
Fixed cash rent keeps income classified as passive and exempt from the earnings test, but crop-share arrangements with hands-on management convert income to self-employment earnings.
Farmland REIT distributions count as investment income, fully bypassing the Social Security earnings test, though investors own shares rather than direct land.
Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.
A 64-year-old walks into retirement with $300,000 earmarked for a real **** et. He buys farmland, leases it to a local operator, and expects rent checks to arrive while he enjoys retirement. He already filed for Social Security at 62 and **** umes land is land and rent is rent. Social Security does not see it that simply.
#earnings #farmland #Retirement #management
Fixed cash rent keeps income classified as passive and exempt from the earnings test, but crop-share arrangements with hands-on management convert income to self-employment earnings.
Farmland REIT distributions count as investment income, fully bypassing the Social Security earnings test, though investors own shares rather than direct land.
Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.
A 64-year-old walks into retirement with $300,000 earmarked for a real **** et. He buys farmland, leases it to a local operator, and expects rent checks to arrive while he enjoys retirement. He already filed for Social Security at 62 and **** umes land is land and rent is rent. Social Security does not see it that simply.
#earnings #farmland #Retirement #management
3 months ago
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated ****** ets—and may continue to in the future.
So, what kind of week has it been?
Gold held on to most of its recent rally this week, trading largely between $4,325 and $4,425/oz as buyers continued to defend the rebound.
July CPI data helped ease immediate concerns about another Federal Reserve rate hike, supporting gold as headline inflation held at 3.4% year over year and core CPI eased to 2.5%.
Thursday's PPI report delivered a mixed inflation signal: headline producer prices were flat, while the measure excluding food, energy, and trade services rose 0.4% month over month. Gold gave back part of its midweek advance even as September rate-hike odds continued to fade.
#market #trading #held #continued
So, what kind of week has it been?
Gold held on to most of its recent rally this week, trading largely between $4,325 and $4,425/oz as buyers continued to defend the rebound.
July CPI data helped ease immediate concerns about another Federal Reserve rate hike, supporting gold as headline inflation held at 3.4% year over year and core CPI eased to 2.5%.
Thursday's PPI report delivered a mixed inflation signal: headline producer prices were flat, while the measure excluding food, energy, and trade services rose 0.4% month over month. Gold gave back part of its midweek advance even as September rate-hike odds continued to fade.
#market #trading #held #continued
3 months ago
By Daniel Wiessner
Aug 13 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination has dropped a lawsuit seeking to enforce a subpoena in an investigation of Nike's treatment of white employees, saying the company has handed over a trove of information.
U.S. District Judge Cristian Stevens in St. Louis, Missouri, granted the U.S. Equal Employment Opportunity Commission's motion on Thursday to dismiss the lawsuit it filed in February, after the agency in a filing late Wednesday said Nike had complied with its subpoena.
The commission had claimed the footwear and apparel company refused to comply with demands for information such as data on the racial and ethnic makeup of the company's workforce and a roster of employees chosen for mentoring and development programs.
The EEOC said it was investigating whether Nike intentionally discriminated against white employees and job applicants, including by disproportionately targeting them for layoffs, and that it needed the information to determine whether Nike violated the law.
#nike #white #company
Aug 13 (Reuters) - The U.S. agency that enforces laws banning workplace discrimination has dropped a lawsuit seeking to enforce a subpoena in an investigation of Nike's treatment of white employees, saying the company has handed over a trove of information.
U.S. District Judge Cristian Stevens in St. Louis, Missouri, granted the U.S. Equal Employment Opportunity Commission's motion on Thursday to dismiss the lawsuit it filed in February, after the agency in a filing late Wednesday said Nike had complied with its subpoena.
The commission had claimed the footwear and apparel company refused to comply with demands for information such as data on the racial and ethnic makeup of the company's workforce and a roster of employees chosen for mentoring and development programs.
The EEOC said it was investigating whether Nike intentionally discriminated against white employees and job applicants, including by disproportionately targeting them for layoffs, and that it needed the information to determine whether Nike violated the law.
#nike #white #company
3 months ago
I've been writing about Procter & Gamble (NYSE: PG) for years, and my conviction has never been higher, because the company keeps doing the boring, hard things that compound over time: It protects its brands, invests in innovation, and quietly returns a lot of cash to shareholders even when the environment is rough.
Fiscal 2026 was not a blowout year for Procter & Gamble. Net sales grew 3%, organic sales rose 1%, and core earnings per share increased 1%. That's the kind of result many investors would shrug at. What matters to me is that those numbers landed right inside the company's guidance in a year that featured currency swings, higher energy and transportation costs, and uneven demand across regions.
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 »
P&G's strategy is deliberately simple. It focuses on daily use categories where performance drives brand choice and seeks to deliver superiority in product, packaging, communication, retail execution, and value. It pairs that with what it calls "constructive disruption" and a heavy dose of productivity, meaning it constantly looks for ways to do the same work with fewer resources. The result is a business that rarely looks spectacular quarter to quarter but, over many years, keeps nudging growth and margins in the right direction.
This is not a sleepy soap company. In April, Procter & Gamble was named the top household products company on Fortune's America's Most Innovative Companies list for the third year in a row, with product innovation singled out as its biggest strength.
#signal #conviction #flashing
Fiscal 2026 was not a blowout year for Procter & Gamble. Net sales grew 3%, organic sales rose 1%, and core earnings per share increased 1%. That's the kind of result many investors would shrug at. What matters to me is that those numbers landed right inside the company's guidance in a year that featured currency swings, higher energy and transportation costs, and uneven demand across regions.
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 »
P&G's strategy is deliberately simple. It focuses on daily use categories where performance drives brand choice and seeks to deliver superiority in product, packaging, communication, retail execution, and value. It pairs that with what it calls "constructive disruption" and a heavy dose of productivity, meaning it constantly looks for ways to do the same work with fewer resources. The result is a business that rarely looks spectacular quarter to quarter but, over many years, keeps nudging growth and margins in the right direction.
This is not a sleepy soap company. In April, Procter & Gamble was named the top household products company on Fortune's America's Most Innovative Companies list for the third year in a row, with product innovation singled out as its biggest strength.
#signal #conviction #flashing
3 months ago
3 months ago
Over the past five years, Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) shares have climbed by 145%, outpacing broader equities. The good news is that the tech leader is still riding a significant momentum that could lead to more market-beating returns in the coming years. In fact, in my view, Alphabet stock may double by the end of the decade. Here are three reasons why.
Alphabet's bread and **** er is advertising. The company is a leader in the digital ads **** e thanks to Google and YouTube, both of which are the most popular platforms in their respective categories. Alphabet's advertising business is improving thanks to artificial intelligence (AI), with AI overviews and AI mode driving stronger engagement. Sales growth in this unit has been robust. In the second quarter, Google advertising revenue was $81.6 billion, up 14.4% year over year. We could see ad sales growth maintain a solid northbound path as Alphabet doubles down on AI.
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 »
Alphabet's cloud computing business is firing on all cylinders. In the second quarter, Google Cloud's revenue was $24.8 billion, almost 82% higher than the year-ago period. There is a clear trend here. Cloud sales growth was 63% in the first quarter and 48% in the fourth quarter of 2025. The segment's operating income was even more impressive. It came in at $8.8 billion, 212% higher than the prior-year quarter. Once again, Alphabet's AI-related work is doing much of the heavy lifting, and there is more where that came from. Alphabet ended the quarter with a cloud backlog of $514 billion.
That grants the company significant visibility for at least the next few quarters. True, capex is growing fast, too. Alphabet initially expected capex between $180 billion and $190 billion this year. The company now expects to pour between $195 billion and $205 billion. Also, Alphabet's free cash flow was negative in the second quarter. That spooked some investors, leading to a sharp post-earnings dip. But Alphabet is clearly benefiting from its AI investments and should continue to do so. The stock may rebound as Alphabet justifies its capex and revenue and earnings growth accelerate even further.
#Growth #NVIDIA
Alphabet's bread and **** er is advertising. The company is a leader in the digital ads **** e thanks to Google and YouTube, both of which are the most popular platforms in their respective categories. Alphabet's advertising business is improving thanks to artificial intelligence (AI), with AI overviews and AI mode driving stronger engagement. Sales growth in this unit has been robust. In the second quarter, Google advertising revenue was $81.6 billion, up 14.4% year over year. We could see ad sales growth maintain a solid northbound path as Alphabet doubles down on AI.
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 »
Alphabet's cloud computing business is firing on all cylinders. In the second quarter, Google Cloud's revenue was $24.8 billion, almost 82% higher than the year-ago period. There is a clear trend here. Cloud sales growth was 63% in the first quarter and 48% in the fourth quarter of 2025. The segment's operating income was even more impressive. It came in at $8.8 billion, 212% higher than the prior-year quarter. Once again, Alphabet's AI-related work is doing much of the heavy lifting, and there is more where that came from. Alphabet ended the quarter with a cloud backlog of $514 billion.
That grants the company significant visibility for at least the next few quarters. True, capex is growing fast, too. Alphabet initially expected capex between $180 billion and $190 billion this year. The company now expects to pour between $195 billion and $205 billion. Also, Alphabet's free cash flow was negative in the second quarter. That spooked some investors, leading to a sharp post-earnings dip. But Alphabet is clearly benefiting from its AI investments and should continue to do so. The stock may rebound as Alphabet justifies its capex and revenue and earnings growth accelerate even further.
#Growth #NVIDIA
3 months ago
Corn futures took back much of the Monday weakness, with contracts closing 5 to 6 ¾ cents in the front months and steady to 2 cents higher in the deferreds. The CmdtyView national average Cash Corn price was up 6 3/4 cents at $4.28 1/4.
USDA reported a private export sale of 197,272 MT to unknown destinations this morning for 2026/27 shipment.
Tightness in the Near-Term Supply Outlook Boosts Coffee Prices
Sell Wheat Now as Prices Fall on Russia-Ukraine Rumors
Sugar Prices Fall as Crude Oil Plunges
#cents #corn #tightness
USDA reported a private export sale of 197,272 MT to unknown destinations this morning for 2026/27 shipment.
Tightness in the Near-Term Supply Outlook Boosts Coffee Prices
Sell Wheat Now as Prices Fall on Russia-Ukraine Rumors
Sugar Prices Fall as Crude Oil Plunges
#cents #corn #tightness
3 months ago
AI data centers are putting pressure on the US electrical grid in ways that did not seem possible just a few years ago, and that strain is a direct benefit to heavy equipment manufacturers, not just chipmakers. US data center power consumption is expected to increase by 22% in a single year, with total grid demand nearly tripling to 134.4 GW by 2030 as hyperscale buildouts gain speed.
Considering grid capacity cannot be increased quickly enough to meet that curve, on-site and backup power production has become a significant portion of AI infrastructure spending, with Caterpillar Inc. (NYSE:CAT) alone accounting for an estimated 18% of the data center generator market. Notably, the company has come to be one of the Dow's best-performing stocks so far in 2026, with a year-to-date return of 47.81%.
The company's Q1 2026 revenue came in at $17.4 billion, up 22% year-over-year, with adjusted EPS of $5.54, above expectations. The backlog behind that expansion seems to be the real story, with Caterpillar Inc. (NYSE:CAT) closing the quarter with a record $63 billion in order backlog, an increase of 79% year-over-year and $11.5 billion sequentially, owing to major project wins like Altus and Chevron, growing rental demand, and strong Mining segment order conversion.
CEO Joe Creed told ******* ysts that the company's massive engine backlog, which directly powers AI data centers, has grown by over 3.5x since Caterpillar first revealed capacity expansion plans back in January 2024.
This backlog progress led Oppenheimer to lift Caterpillar's price target to $1,105 from $980 on July 13, while keeping an Outperform rating, expecting high-margin Power & Energy deliveries to accelerate in the second half of the year. However, underlying margin trends indicate rising friction. Resource Industries segment margins fell by over 700 basis points year on year in Q1, to 10%, owing to roughly $600 million in quarterly tariff charges. With full-year tariff headwinds of $2.2 billion to $2.4 billion, Caterpillar's cost structure is under significant pressure even as top-line demand grows.
#billion #data #grid #centers
Considering grid capacity cannot be increased quickly enough to meet that curve, on-site and backup power production has become a significant portion of AI infrastructure spending, with Caterpillar Inc. (NYSE:CAT) alone accounting for an estimated 18% of the data center generator market. Notably, the company has come to be one of the Dow's best-performing stocks so far in 2026, with a year-to-date return of 47.81%.
The company's Q1 2026 revenue came in at $17.4 billion, up 22% year-over-year, with adjusted EPS of $5.54, above expectations. The backlog behind that expansion seems to be the real story, with Caterpillar Inc. (NYSE:CAT) closing the quarter with a record $63 billion in order backlog, an increase of 79% year-over-year and $11.5 billion sequentially, owing to major project wins like Altus and Chevron, growing rental demand, and strong Mining segment order conversion.
CEO Joe Creed told ******* ysts that the company's massive engine backlog, which directly powers AI data centers, has grown by over 3.5x since Caterpillar first revealed capacity expansion plans back in January 2024.
This backlog progress led Oppenheimer to lift Caterpillar's price target to $1,105 from $980 on July 13, while keeping an Outperform rating, expecting high-margin Power & Energy deliveries to accelerate in the second half of the year. However, underlying margin trends indicate rising friction. Resource Industries segment margins fell by over 700 basis points year on year in Q1, to 10%, owing to roughly $600 million in quarterly tariff charges. With full-year tariff headwinds of $2.2 billion to $2.4 billion, Caterpillar's cost structure is under significant pressure even as top-line demand grows.
#billion #data #grid #centers
3 months ago
Micron Technology has been on a tear on the stock market in 2026, with its shares almost tripling this year, as of this writing. However, the memory specialist's gains have been eclipsed by a 242% surge in shares of Dell Technologies (NYSE: DELL).
Dell stock has benefited from a significant acceleration in revenue and earnings growth this year, primarily fueled by booming demand for its artificial intelligence (AI) servers. The good news for investors is that it isn't too late to buy Dell, as it is trading at an extremely attractive valuation even after its stunning rally in 2026.
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 »
Let's look at the reasons why this AI stock could double your money in the next three years.
Market research firm IDC estimates that the global server market's revenue increased by 31% in the first quarter of 2026. IDC expects the server market to clock a solid annual growth rate of 25% through the end of the decade.
#NVIDIA #Stock
Dell stock has benefited from a significant acceleration in revenue and earnings growth this year, primarily fueled by booming demand for its artificial intelligence (AI) servers. The good news for investors is that it isn't too late to buy Dell, as it is trading at an extremely attractive valuation even after its stunning rally in 2026.
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 »
Let's look at the reasons why this AI stock could double your money in the next three years.
Market research firm IDC estimates that the global server market's revenue increased by 31% in the first quarter of 2026. IDC expects the server market to clock a solid annual growth rate of 25% through the end of the decade.
#NVIDIA #Stock
3 months ago
By Jody Godoy
July 23 (Reuters) - Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 17, a federal judge ruled on Thursday.
The move gives Paramount Skydance more time to argue against a potential months-long pause while the case plays out. The company has said such a prolonged delay would plunge the deal into uncertainty and could cost it more than $1 billion.
A California-led coalition of states have sued to block the deal, saying it would harm competition in film and television, hurting theaters and cable companies. The Writers Guild of America has filed a separate lawsuit alleging the deal would decrease demand for screenwriting work.
U.S. District Judge Araceli Martínez-Olguín in Oakland, California, previously paused the deal through August 3, when she would have held a hearing on whether to postpone the deal's closing for longer.
#deal #paramount #pause #billion
July 23 (Reuters) - Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 17, a federal judge ruled on Thursday.
The move gives Paramount Skydance more time to argue against a potential months-long pause while the case plays out. The company has said such a prolonged delay would plunge the deal into uncertainty and could cost it more than $1 billion.
A California-led coalition of states have sued to block the deal, saying it would harm competition in film and television, hurting theaters and cable companies. The Writers Guild of America has filed a separate lawsuit alleging the deal would decrease demand for screenwriting work.
U.S. District Judge Araceli Martínez-Olguín in Oakland, California, previously paused the deal through August 3, when she would have held a hearing on whether to postpone the deal's closing for longer.
#deal #paramount #pause #billion
3 months ago
Intel (INTC) stock rocketed 25% higher in early trading Friday after the company reported better-than-anticipated first quarter earnings and positive Q2 outlook on Thursday, sending shares soaring as much as 15%.
Intel's Data Center segment powered the beats, as the company's central processing units (CPUs) become an increasingly important part of the AI industry.
And while Intel noted it continues to deal with supply constraints, it still expects double-digit growth in the segment for the year. PC chip sales will slow in the back half of 2026.
Elsewhere, Meta (META) will layoff 10% of its workforce, amounting to some 8,000 people. The company also won't fill 6,000 open positions.
#meta #segment #thursday #data
Intel's Data Center segment powered the beats, as the company's central processing units (CPUs) become an increasingly important part of the AI industry.
And while Intel noted it continues to deal with supply constraints, it still expects double-digit growth in the segment for the year. PC chip sales will slow in the back half of 2026.
Elsewhere, Meta (META) will layoff 10% of its workforce, amounting to some 8,000 people. The company also won't fill 6,000 open positions.
#meta #segment #thursday #data
