More than 175 biotechs use pre-configured applications to streamline operations
, /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that more than 175 emerging biotechs are establishing a technology foundation with Veeva Basics. Biotechs are launching pre-configured and pre-validated Veeva Basics applications in weeks, adding systems that can scale as they move from startup to commercialization. Veeva Basics delivers unified, end-to-end applications for clinical, regulatory, quality, medical, and commercial, enabling high-growth companies to speed innovation while saving time, effort, and cost.
"As a growing company with under 40 employees, we're focused on developing science fast to deliver antibody-drug conjugates (ADCs) that target difficult-to-treat cancers," said Bryan Ball, chief technology operations officer at Whitehawk Therapeutics. "Our partnership with Veeva helped us replace paper processes with industry-leading solutions without an IT team or complex customizations. Veeva Basics redefined how we operate, significantly improving processes across regulatory and quality for greater speed and compliance."
Biotechs are leveraging Veeva Basics to drive new ways of working, including shifting regulatory publishing strategies from outsourced to insourced. Veeva Submissions Publishing Basics provides a modern application for submission building and health authority interactions that equips regulatory teams to bring publishing in-house. For biotechs preparing to publish their first submissions to the FDA, Veeva Basics enables them to hit critical regulatory milestones with improved visibility and control across the entire regulatory lifecycle.
"Insourcing our submission publishing through Veeva Basics gave us sharper quality control and significantly faster regulatory timelines," said Darryl Clarke, global head, regulatory operations at Structure Therapeutics. "We have modern applications with global support to execute quickly now, and the flexibility to scale in the future."
"Biotechs are responsible for so much of the innovation shaping the industry and they need technology that reflects the pace that they operate in," said Jim Thai, vice president, Veeva Basics. "It's been a privilege to work with industry pioneers and build this community of Veeva Basics customers advancing drug development."
Built on the proven Vault Platform, Veeva Basics applications help customers to scale their technology infrastructure seamlessly as they grow. For more on Veeva Basics, visit veevabasics.com, or register for Veeva R&D and Quality Summit, Oct. 20-21 in Boston. The event is open exclusively to life sciences industry professionals.
About Veeva Systems
Veeva delivers the industry cloud for life sciences with applications, agents, data, and consulting. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,500 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.
Veeva Forward-Looking Statements
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the fiscal year ended July 31, 2026, which you can find here (a summary of risks which may impact our business can be found on pages 33 and 34), and in our subsequent SEC filings, which you can access at sec.gov.
Centene bude od roku 2027 prostřednictvím Ambetter Health Solutions nabízet oprávněným pojištěncům v částech Indiany a Missouri bezplatné návštěvy praktického lékaře, laboratorní služby a virtuální péči od společnosti Marathon Health.
Marathon Health logo The new partnership will provide eligible members with $0 primary care visits, lab services, and virtual care beginning in 2027
, /PRNewswire/ -- Centene Corporation (NYSE: CNC), through Ambetter Health Solutions, today announced a new collaboration with Marathon Health, a leading advanced primary care provider, designed to make primary care easier to access for Ambetter members in select counties across Indiana and Missouri. Available through CHOICE Arrangements (formerly ICHRA), eligible members will have access to $0 primary care visits and lab services, along with virtual primary care through Marathon Health.
"Strong primary care can help identify health concerns earlier and give Ambetter's CHOICE members the support they need to manage their health over time," said Alan Silver, President of Ambetter Health Solutions. "By combining the flexibility of CHOICE Arrangements with Marathon Health's advanced primary care model, we're making it easier for employers to offer meaningful healthcare access while helping members get the preventive care, chronic condition support and ongoing provider relationships that can improve long-term health outcomes."
Marathon Health's advanced primary care model brings together in-person and virtual care with services such as lab testing, chronic condition support, mental health services, and help navigating the healthcare ecosystem. This coordinated approach is designed to provide a simpler member experience and help address health needs before they become severe. By building trust and delivering care earlier, Marathon's model has demonstrated measurable impact among engaged members: 15% fewer emergency room visits and 41% fewer inpatient admissions.
"Access to primary care shouldn't be complicated, and it shouldn't come with barriers that make people delay the care they need," said Ryan Jacobs, Senior Vice President, Strategy & Partnerships, Marathon Health. "This collaboration gives Ambetter members in Indiana and Missouri a direct path to the kind of consistent, trusted provider relationships that keep people healthier and out of high-cost care settings."
Eligible members will receive information about available services and how to access care prior to the beginning of the 2027 plan year. To learn more about advanced primary care for health plans, visit Marathon Health.
About Ambetter Health Solutions
Ambetter Health Solutions, Centene Corporation's off-Exchange Marketplace business offering, delivers individual health insurance plans that are compatible with Individual Coverage Health Reimbursement Arrangements (ICHRA). Available in select states, including Arizona, Florida, Georgia, Ohio, Indiana, Missouri, Mississippi, Kansas, Nebraska, Oklahoma, Tennessee, Texas and South Carolina, these plans empower individuals to choose the coverage that best fits their needs, helping employers control cost while offering greater choice and flexibility to their workforce. For more information on health benefits and health insurance plans in your state, please visit the state specific link on AmbetterHealth.com.
About Marathon Health
Marathon Health is a leading advanced primary care provider, partnering with employer and union plan sponsors, as well as health plans, to improve health for millions of Americans. With nationwide onsite, nearsite, and network health centers, and virtual primary care, Marathon delivers a value-based model that enhances the healthcare experience for members and providers, while driving meaningful cost savings for plan sponsors. Marathon is proud to be certified as a Great Place to Work®, reflecting the company's commitment to building an inclusive, high-trust culture where all employees can thrive. Learn more at marathon.health.
Společnost Aehr Test Systems získala navazující výrobní objednávky v hodnotě přibližně 6 milionů USD na systémy Sonoma určené pro AI procesory zákazníka z řad hyperscalerů; dodávky proběhnou během šesti měsíců.
Orders supports customer's second AI processor program on Sonoma, with production expected to ramp in calendar 2027
FREMONT, CA / ACCESS Newswire / October 7, 2026 / Aehr Test Systems (NASDAQ:AEHR), a leading provider of test and burn-in solutions for semiconductor devices used in artificial intelligence (AI), silicon photonics, data center, automotive, and industrial applications, today announced approximately $6 million in follow-on production orders from its lead hyperscale customer for package-level burn-in (PLBI) of its next-generation AI processor for data center training and inference applications.
The orders include additional Sonoma™ high-power package-level test and burn-in systems, fully turnkey burn-in modules (BIMs) and device-specific sockets, as well as production software enhancements. The systems and consumables will be deployed at one of the customer's outsourced semiconductor assembly and test (OSAT) partners in Taiwan. Deliveries under the order are scheduled over the next six months.
This next-generation AI processor is the second from this customer to use Aehr's Sonoma platform for production burn-in. Following the previously announced initial production win, these orders expand the customer's capacity ahead of an expected production ramp of this second AI device in calendar 2027. The customer has indicated that this second AI processor is expected to ultimately reach production volumes exceeding those of the customer's first processor brought into production burn-in on the Sonoma platform. That first processor is already in high-volume production, with volumes expected to continue ramping significantly as additional Sonoma system capacity is deployed over the next several months.
"These follow-on production orders demonstrate the continued expansion of our relationship with this hyperscale customer and its confidence in Sonoma to support successive generations of increasingly powerful and complex AI processors," said Gayn Erickson, President and Chief Executive Officer of Aehr Test Systems. "The program is progressing from qualification and initial production systems to additional systems, consumables and software supporting the anticipated production ramp. As volumes increase, we believe there is potential for significant additional demand for Sonoma systems and device-specific consumables."
The next-generation processor requires independently controlled thermal zones within each package to achieve the operating conditions needed for effective production burn-in and early-life failure screening. Sonoma's multi-zone thermal control capabilities enable independent temperature management across different areas of a device while delivering the high current required to electrically stress the processor.
The platform also supports independent electrical test vectors and monitoring of multiple devices or functional elements within a multi-chip package. These capabilities address the differing power densities and thermal characteristics of advanced AI packages, which increasingly combine compute die, high-bandwidth memory and interface components.
"As AI processors become more complex, controlling the temperature of the package as a whole is no longer sufficient for some applications," Erickson continued. "Sonoma's ability to independently manage multiple thermal zones and electrical test functions helps customers address these challenges. We believe these capabilities will become increasingly important as AI packages continue to grow in power, size, complexity and value."
Aehr is also engaged in detailed discussions with this customer regarding reliability qualification and production burn-in requirements for future generations of higher-power, larger AI devices. These discussions include both Aehr's Sonoma package-level and FOX-XP™ wafer-level burn-in (WLBI) platforms.
"As the value of advanced AI packages increases, identifying early-life failures before expensive packaging can deliver significant economic benefits," Erickson added. "WLBI can screen die before assembly, while PLBI can stress and screen the completed device. Customers may choose either approach or use both at different stages of qualification and production, depending on their requirements."
"Our ability to support both approaches positions Aehr well as customers develop reliability strategies for future AI processors. With Sonoma supporting this customer's first processor in high-volume production and now its next-generation program, we are building a foundation for continued growth as the customer's AI roadmap advances."
About Aehr Test Systems
Headquartered in Fremont, California, Aehr Test Systems is a leading provider of test solutions for testing, burning-in, and stabilizing semiconductor devices in wafer-level, singulated die, and package-level form, and has installed thousands of systems worldwide. Increasing quality, reliability, safety, and security needs of semiconductors used across multiple applications, including electric vehicles, electric vehicle charging infrastructure, solar and wind power, computing, advanced artificial intelligence (AI) processors, data and telecommunications infrastructure, and solid-state memory and storage, are driving additional test requirements, incremental capacity needs, and new opportunities for Aehr's products and solutions. Aehr has developed and introduced several innovative products including the FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX WaferPak Contactor, FOX DiePak® Carrier and FOX DiePak Loader. The FOX-XP and FOX-NP systems are full-wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize a wide range of devices such as leading-edge silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets, and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The FOX-CP system is a low-cost single-wafer compact test solution for logic, memory and photonic devices and the newest addition to the FOX-P product family. The FOX WaferPak Contactor contains a unique full-wafer contactor capable of testing wafers up to 300mm that enables IC manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. The FOX DiePak Carrier allows testing, burning in, and stabilization of singulated bare die and modules up to 1024 devices in parallel per DiePak on the FOX-NP and FOX-XP systems up to nine DiePaks at a time. Acquired through its acquisition of Incal Technology, Inc., Aehr's new line of high-power package-level reliability/burn-in test solutions for AI semiconductor manufacturers, including its high-power Sonoma family of test solutions for AI accelerators, GPUs, and high-performance computing (HPC) processors, position Aehr within the rapidly growing AI market as a turnkey provider of reliability and testing that span from engineering to high volume production. For more information, please visit Aehr Test Systems' website at www.aehr.com.
Safe Harbor Statement
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Aehr's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern Aehr's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, future requirements and orders of Aehr's new and existing customers; Aehr's ability to receive orders and generate revenue in the future, as well as Aehr's beliefs regarding the factors impacting the foregoing, including the growth of the markets referred to herein; Aehr's ability to integrate Incal efficiently; and the timing and extent to which the acquisition is accretive. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Aehr's recent Form 10-K, 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Aehr disclaims any obligation to update information contained in any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
EPR Properties vyplácí roční dividendu ve výši 3,72 USD na akcii s výnosem kolem 6,6 %; investice 15 182 USD do 269 akcií by přinesla roční dividendy ve výši 1 001 USD.
EPR Properties (EPR -0.58%) is a company focused on properties designed for experiential and educational purposes. One of the benefits of owning its stock has been its dividend, which has increased for four consecutive years.
EPR is a real estate investment trust (REIT), which means it must pay out at least 90% of its taxable net income as dividends to retain that status. That makes it highly likely that payouts will continue. As the dividend has become more generous, it might surprise investors how little it takes to generate more than $1,000 in annual dividends in this stock.
EPR and its dividend returns Working with whole shares, 269 shares purchased for $15,182 will generate $1,001 in annual dividends.
This amounts to an annual dividend of $3.72 per share with a yield of about 6.6%. That is far above the S&P 500 average of 1.1%. Moreover, it is one of the few stocks paying monthly dividends, which might make it especially appealing to income investors.
Image source: Getty Images.
EPR's business That payout brings investors security, though the business revolves heavily around fun. Its experiential properties are designed for recreational purposes.
This can include theaters operated by theater chain AMC, or Topgolf locations. EPR even owns some well-known venues, such as City Museum in St. Louis and the Titanic Museum, attractions like the one in Pigeon Forge, Tennessee. In April, it purchased seven of the parks previously owned by Six Flags Entertainment.
Additionally, the REIT maintains a portfolio of private schools and early childhood education centers. However, the focus more recently has been on the experiential properties.
Indeed, one also cannot discuss experiential properties without discussing COVID-19. Not surprisingly, the pandemic forced EPR tenants to shut down nearly all of their properties in early 2020.
Even though 93% of its non-theater properties and 63% of its theaters reopened by November of that year, rental revenue did not rebound until well into 2021. It also had to suspend its dividend between May 2020 and August 2021. That interruption is why the company's streak of raising dividends is only four years old.
Today, the more recent concern has been the rise in interest rates. This is critical for most REITs, as rising interest costs could reduce profits or make some business deals uneconomical.
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EPR Properties by the numbers EPR remains on track to foster growth despite the rising rates. In the first six months of 2026, it reported revenue of more than $377 million, a 7% increase compared with the same year-ago period.
Its net income during the first two quarters of 2026 was $117 million. That fell from $129 million one year ago, but only because of a $26 million gain on its real estate transactions in 2025.
For REITs, funds from operations (FFO) is the most meaningful metric for income investors. During the trailing 12 months, EPR neared $5.23 per share in FFO income. Since that is more than the $3.72-per-share annual dividend cost, the company can afford to maintain and increase the dividend, with capital available for other purposes.
Moreover, its price-to-earnings (P/E) ratio stands at just 18. This is near post-pandemic lows and offers investors a chance to buy this lucrative income stream cheaply, bolstering the investment case for EPR Properties stock.
Moving forward with EPR Properties stock The ability to buy an annual income stream of just over $1,000 for just over $15,182 makes EPR an attractive choice.
Indeed, as a monthly dividend stock yielding more than 6%, this stock is probably best suited for income investors. Also, rising interest rates and the legacy of the pandemic may discourage some investors.
Nonetheless, it offers its shareholders a huge, sustainable return, reestablishing a history of payout growth. Additionally, customers will probably keep visiting its experiential and educational properties, making it likely that the steady payout and stock price growth will continue.
When courts ordered tariff refunds for importers, Dollar Tree collected a nine-figure check from Washington. Shoppers who funded those duties through higher shelf prices are wondering if any of it finds its way back to them.
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On Tuesday the New York Federal Reserve put a number on what shoppers have suspected for a year. By February 2026, tariffs had added 2.9 percentage points to goods price inflation, and without them goods prices would have fallen slightly. Wall Street Journal economics correspondent Nick Timiraos circulated the research on October 6. It also found that roughly one quarter of every point of higher tariff rates reaches consumer prices within a year.
The person at the register paid, and some of that money is now coming back to someone else.
A $383 Million Check From Washington In February 2026, the Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) could not authorize tariffs. On March 27, 2026, a Court of International Trade judge ordered U.S. Customs and Border Protection to reliquidate entries without the IEEPA duties. That cleared the way for importers to get back duties they had already paid.
Dollar Tree (NASDAQ:DLTR | DLTR Price Prediction) received $383 million in IEEPA refunds in its fiscal second quarter. Of that, $369 million ran through cost of sales and $14 million came as interest. The net benefit was $1.31 per share. The windfall lifted GAAP earnings to $2.70 against a $1.13 consensus, a 138.6% beat, and added 650 basis points to operating margin expansion.
In the same quarter, Dollar Tree bought back 5.6 million shares for $605 million. It still has $2.5 billion left under its authorization.
Where the Refund Money Is Going Management did not announce a rebate or price cut. CEO Mike Creedon said funds would go toward “targeted pricing strategies, marketing, store operations, and store conditions.” The company plans $210 million of refund reinvestment for the full year, including a $40 million charitable contribution. It expects that spending to cut about $0.50 from third-quarter EPS.
CFO Stewart Glendinning argued shoppers benefit indirectly through lower ongoing tariff rates absorbing inflation “rather than passing those costs on to the customer.” The full-year adjusted EPS guide of $7.70 to $8.05 still includes roughly $0.60 of net refund benefit going to shareholders.
Dollar Tree did nothing improper. Importers paid the duties, so importers get the refunds. Shoppers who paid the higher shelf prices have no way to claim any of it.
A Price-Point Promise With an Asterisk The irony cuts deeper at a chain built on a fixed price. Dollar Tree moved about 710 more stores to multi-price format, bringing the total to roughly 6,600 stores selling items above $1.25. Multi-price goods now make up 17% of total sales, while more than 85% of assortment stays priced at $2 or less. The average ticket rose 3.3% while traffic grew just 0.4%.
Why Third-Quarter Traffic Matters Most Investors have looked past the one-time gain. Shares traded at $129.84 when results were filed on August 27 and stood at $116.19 on October 6. The New York Fed data supports concerns that dollar stores may no longer be bargains after inflation and tariffs.
Third-quarter results will be the test. If the reinvestment lifts traffic well above 0.4%, it supports Creedon’s argument that customers benefit indirectly. If traffic stalls while the average ticket keeps rising, the refund will look the way it does on the income statement: a windfall for shareholders, paid for by shoppers.
Data Sources Dollar Tree tariff refund irony: the New York Fed’s estimates of how much tariffs added to goods inflation and how much reached consumer prices, as circulated by Nick Timiraos. Contact [email protected] for any questions or corrections.
Bank stocks are considered some of the best options for dividends for a few reasons.
They are typically mature, stable companies with steady cash flows. They also must adhere to strict regulatory standards for holding cash to withstand downturns with plenty of liquidity.
Banks have slow, steady growth, which tends to moderate the gains in their share prices. With slower rising stock prices, they typically have higher dividend yields, since yields are calculated by dividing the annual dividend by the stock price. The lower the stock price, the higher the yield for a given payout amount.
Large bank stocks get a lot of attention for their dividends, but there are only a couple of large banks in the list of S&P 500 Dividend Kings, which are stocks of companies that have raised their dividends for 50 or more years in a row. There are also few banks in the S&P 500 Dividend Aristocrats® list, which are stocks with 25 years in a row or more of dividend increases (the term Dividend Aristocrats® is a registered trademark of Standard & Poor’s Financial Services LLC).
There are only a handful of banks in the S&P High Yield Dividend Aristocrats Index, which features stocks from the S&P Composite 1500 with 20 or more years of annual dividend raises. One of them is Bank OZK (OZK -4.31%), which used to be known as Bank of the Ozarks.
Image source: Getty Images.
Bank OZK, the best bank dividend stock The large banks have more stringent regulatory standards than many smaller regional and community banks, so they were barred from raising their dividends during the COVID-19 crash. Some held their dividends in check, but many had to reduce them.
But Little Rock, Arkansas-based Bank OZK, the 52nd-largest U.S. bank with $41.7 billion in assets, is not subject to the same capital requirements as the large banks. Thus, it was able to increase its dividend through the dot-com bear market, the Great Recession, and the COVID-19 crash.
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In fact, it has increased its annual dividend for 28 years straight.
But more remarkably, Bank OZK has increased its quarterly dividend for 65 quarters in a row. That means it has raised its dividend every quarter for the past 16-plus years. The most recent increase came last week when it raised its dividend to $0.49 per share.
Why Bank OZK can sustain its dividend Bank OZK stands alone among banks, and probably most other dividend stocks, in its consistency.
In addition to its streak of regularly increasing its dividends, it pays out a dividend yield of 4.2%, which is one of the highest yields you will find among banks.
Its sustainability is likely based on its low payout ratio of just 30%, meaning that just 30% of its earnings go toward its dividend. That also indicates that even if it has a difficult quarter where earnings take a hit, it has plenty of leeway to keep raising or maintaining its dividend.
Another major sign of its ability to maintain its dividend consistency is its $1.55 billion in cash and record $19.7 billion in primary and secondary liquidity. That includes $1.5 billion in cash, $3.2 billion in unpledged investment securities, $8.3 billion of available Federal Home Loan Bank (FHLB) borrowing capacity, $5.4 billion of Federal Reserve discount window borrowing availability, and $1.2 billion of available unsecured lines of credit.
In the second quarter, its common equity tier 1 (CET1) ratio, which regulators use to measure a bank's capital strength, rose to 11.8%, up from 11.6% in Q1. The regulatory minimum to be considered well-capitalized is 6.5%.
It all adds up to a fantastic dividend stock that is poised to maintain its status as one of the most consistent and reliable dividend stocks among banks.
DXC rozšířila platformu Assure o nové funkce pro modernizaci pojišťovacích společností; platformu využívá více než 275 zákazníků a aplikace Smart Apps automatizovaly více než 750 000 transakcí.
DXC expands Assure Platform with new capabilities designed to accelerate insurance modernization and innovation AI-enabled Smart Apps are delivering measurable results across critical insurance workflows, with Assure Platform adoption now exceeding 275 customers DXC strengthens its London Market capabilities to support improved connectivity, visibility, and operational control across critical workflows , /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced a series of investments and capabilities designed to help insurers modernize critical operations, improve productivity, and adopt AI without disrupting the systems their businesses depend on.
Unveiled at the DXC Connect Insurance Executive Forum in London, the announcements build on DXC's Protect, Extend, Transform strategy and Smart AI approach, helping insurers modernize critical operations and apply AI with the governance, human oversight and accountability essential to insurance. Together, they provide (re)insurers and brokers with a secure foundation for innovation, spanning workflow modernization, platform innovation, London Market investment, and continued enhancement of critical insurance systems.
"Insurers are under pressure to modernize faster, unlock new opportunities with AI, and respond to changing market demands without disrupting the systems that run their businesses," said Ray August, President, Insurance Software and Business Process Services, DXC Technology. "By combining deep insurance expertise, secure platform services, connected workflows, and Smart AI, DXC is helping customers modernize on their terms, extend the value of existing investments, and create a stronger foundation for future growth."
A Stronger Foundation for Modernization and Innovation
DXC continues to expand the capabilities of its Assure Platform, providing insurers with a secure, governed foundation for modernization and innovation. Built to support DXC's Assure Architecture strategy, Assure Platform brings together platform services, insurance services, integrations, and Smart AI, helping insurers improve resilience and strengthen operational control.
The platform also enables insurers to accelerate access to new capabilities, including Assure Configuration Manager, a new capability that helps configure, assemble, and deploy Assure Architecture components more efficiently. Using low-code, configuration-driven deployment, DXC can reduce the complexity and effort required to introduce new capabilities, helping customers respond more quickly to changing business requirements. As a result, insurers can gain faster access to connected services, automation, and AI innovation aligned with their business priorities and operational requirements.
Improving Insurance Workflows Through AI-Enabled Innovation
Modernizing mission-critical operations across the insurance industry requires better access to information, greater visibility across processes, and the ability to make faster and more consistent decisions across the entire insurance lifecycle, from customer engagement and policy servicing to underwriting, claims, and operations.
DXC is expanding these capabilities through Assure Smart Apps, helping insurers automate work and improve how information and decisions move across the business. Designed to work alongside existing systems, Smart Apps allow insurers to begin with a specific business priority, demonstrate measurable value, and extend capabilities over time across underwriting, claims, broking, distribution, and operations.
Since first introducing Smart Apps one year ago, DXC has added 18 Smart App customers supporting more than 450 insurers and expanded Assure Platform adoption to more than 275 customers. At scale, these capabilities have already enabled 750,000+ automated transactions, 70+ agents deployed, and more than two million pages digitally extracted. Assure Smart Apps are further being deployed in DXC's Life & Wealth BPS operations, which support 11 million policies and process more than $11 billion in payments annually across 300,000 claims a year.
These capabilities are delivered within a secure, governed framework built on connected data, operational controls, and insurance-specific expertise, helping insurers innovate with confidence while maintaining the resilience and accountability required for mission-critical operations.
Supporting Critical Workflow Modernization Across the London Market
DXC provides technology supporting critical London Market services while also working directly with brokers and insurers through its broader insurance software and services business. DXC has set out its intent to combine capabilities from Assure Platform with specialist capabilities developed through the London Market Core Platform (LMCP), strengthening scale, security, and operational capabilities. This includes supporting the modernization of critical workflows to improve how work and information move across the market, enabling better connectivity, greater visibility, stronger operational control, and improved access to information while protecting the continuity and reliability the market depends on.
DXC is applying Assure Architecture and Workflow Assistant to support the modernization of selected London Market workflows, improving how work is routed, tracked and managed across the market, while maintaining the resilience, continuity and operational certainty on which market participants depend.
Arbitrum se připojil k síti Global Dollar Network vedené společností Paxos; stablecoin USDG je nyní dostupný v síti Arbitrum s integracemi včetně GMX, Morpho, Fluid a Maple.
TLDR The Ethereum layer-2 network Arbitrum has become part of the Paxos-operated Global Dollar Network stablecoin consortium. USDG stablecoin went live on Arbitrum recently, integrated with platforms such as GMX, Morpho, Fluid, and Maple. Exchange platform Kraken will offer fiat on-ramp and off-ramp functionality for USDG users. A governance proposal suggests allocating 100 million ARB tokens to incentivize USDG growth on the network. The network currently hosts approximately $3.8 billion in stablecoins, with Circle’s USDC representing around 60% of the volume. The Ethereum layer-2 scaling solution Arbitrum has become a member of the Global Dollar Network, a collaborative stablecoin initiative spearheaded by blockchain infrastructure provider Paxos. This partnership represents Arbitrum’s strategy to generate revenue from the substantial stablecoin transactions occurring on its infrastructure.
USDG, the network’s native stablecoin, became operational on Arbitrum in recent days. The digital asset is now compatible with multiple decentralized finance platforms, including Fluid, Morpho, GMX, Maple, Li.Fi, Gauntlet, Steakhouse, and LayerZero.
Cryptocurrency exchange Kraken plays a critical role in the deployment. The platform will provide infrastructure allowing users to convert between traditional currency and USDG.
Additional integrations are on the horizon, with Uniswap and Fhenix anticipated to introduce USDG compatibility in the near term.
Paxos serves as the issuer of USDG. The token maintains full dollar backing through reserve assets and currently has over $3 billion in total supply distributed across multiple blockchain ecosystems.
The Global Dollar Network counts more than 150 collaborating entities. Notable participants include financial platforms Robinhood, Kraken, payment processor Mastercard, and digital asset exchange OKX.
Revenue-Sharing Framework Explained The Global Dollar Network operates on a revenue-distribution model that allocates interest income from reserves among network participants who contribute to stablecoin adoption. This structure contrasts sharply with traditional stablecoin models, in which the issuing entity retains all revenue generated from backing assets.
LATEST: ⚡️ Arbitrum joined the Paxos-led Global Dollar Network, with USDG launching on the blockchain and integrations spanning Morpho, GMX, Fluid, Maple and others. pic.twitter.com/G1XKssA3rw
— CoinMarketCap (@CoinMarketCap) October 6, 2026
Through this arrangement, Arbitrum gains access to a portion of reserve-generated income. Brendan Ma, who leads investment strategy at the Arbitrum Foundation, explained that this model aligns Arbitrum’s economic interests with the long-term expansion of stablecoin activity on the platform.
The Arbitrum network presently supports approximately $3.8 billion in total stablecoin value. Circle’s USDC token accounts for nearly 60% of this amount, according to analytics from DefiLlama.
Previously, Arbitrum received no direct financial benefit from the reserve yields associated with these stablecoin holdings.
Governance Vote and Broader Market Trends A governance proposal emerged this week requesting community approval. The measure urges ArbitrumDAO to designate USDG expansion as a strategic priority for network development.
The proposal recommends allocating 100 million ARB tokens toward Arbitrum’s DRIP incentive mechanism. Additionally, it suggests deploying treasury resources to strengthen USDG liquidity pools.
This initiative reflects a broader industry shift in stablecoin development. Rather than independent issuance, organizations increasingly favor collaborative networks.
Open Standard represents another such initiative. The consortium is developing OpenUSD, a stablecoin project backed by major financial and technology companies including Mastercard, Visa, Stripe, Coinbase, and Shopify.
Meanwhile in Europe, the Qivalis consortium has secured participation from 37 banking institutions.
These collaborative frameworks aim to distribute both issuance responsibilities and revenue streams across numerous stakeholders. This approach decentralizes authority while broadening the economic benefits of stablecoin operations.
Arbitrum has gained additional prominence in recent months. The network’s technology infrastructure underpins Robinhood Chain, an upcoming blockchain initiative from the trading platform.
Robinhood has committed to distributing a percentage of revenue generated by that blockchain with the Arbitrum community.
No official schedule for expanding USDG integration beyond Arbitrum’s current partner set has been disclosed. Specific details regarding reserve composition and regulatory jurisdiction remain unconfirmed at this time.
Currently, USDG operates on Arbitrum through its initial ecosystem partners, with Kraken providing the fiat gateway infrastructure supporting the deployment.
Girard Sharp podala hromadnou žalobu proti Rocket kvůli údajně zavádějícím informacím souvisejícím s akvizicí Mr. Cooper. Akcie Rocket se obchodovaly za méně než 12 USD, což představuje pokles o více než 30 % oproti částce vyplacené za akcii při výměně v rámci fúze.
SAN FRANCISCO, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action law firm, has filed a securities class action against Rocket Companies, Inc. ("Rocket"). According to the complaint, the class includes former Mr. Cooper Group (“Mr. Cooper”) shareholders who acquired newly issued Rocket common stock in exchange for Mr. Cooper securities pursuant to the October 1, 2025 stock-for-stock transaction (the “Merger”) by which Rocket merged with and acquired Mr. Cooper (the “Class”).
Rocket is a Detroit-based financial technology company with a platform of mortgage, real estate, and personal finance businesses such as Rocket Mortgage, Rocket Homes, Rocket Close, Rocket Money and Rocket Loans. Rocket states that its “proprietary technology platform is designed to deliver a seamless, AI-driven homeownership experience, integrating home search, mortgage origination, title and closing, and personal financial management.” Rocket further claims to “demonstrate a consistent ability to develop and scale technology-driven solutions that enhance client experiences, automate operations, and extend its capabilities to partners.”
The complaint alleges the offering materials for the Merger “contained untrue statements of material fact and omitted material facts both required by governing regulations and necessary to make the statements therein not misleading.”
By the commencement of the securities class action, Rocket shares have traded below $12 per share, an over 30% decline from the amount paid per share in the Merger exchange.
If you are a former Mr. Cooper investor with losses, please fill out this form, email [email protected], or call (866) 981-4800 for a free consultation.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
Sui a Alibaba Cloud propojí cloudové služby se službou Sui Agent Payments, aby AI agenti mohli v rámci nastaveného rozpočtu platit za jednotlivé požadavky ve stablecoinech.
Sui and Alibaba Cloud are teaming up to introduce a new way AI agents could pay for cloud services. Give AI a budget, and it could pay for the cloud services it needs without asking you to approve every purchase.
The approach builds on a model already documented in BeInCrypto’s State of AI Agent Payments 2026 report. Of 19 products and agentic workflows reviewed, 14 could act within limits set by people without needing approval every time.
The two firms revealed the plan at Sui Basecamp, the network’s annual conference in Singapore. Still, neither side has shared a launch date, pricing, or which services come first.
What Changes When an AI Agent Holds the Budget?Under the plan, Alibaba Cloud services will plug into Sui Agent Payments, Sui’s toolkit for AI agent payments. As a result, agents would pay for each request as they use a service.
Imagine this checkout experience: you set a budget, your agent does the rest.
Sui and @alibaba_cloud are collaborating to bring Alibaba Cloud services to Sui Agent Payments, with per-call payments in stables on Sui.
Announced live at Sui Basecamp: https://t.co/z23CpE8MM8
— Sui (@SuiNetwork) October 7, 2026 That model differs from card checkouts, which assume a person confirms every purchase. Instead, software sets the pace of spending within limits a human defines.
However, Sui and Alibaba Cloud have not explained how users brief their agents beyond setting a budget. A spending cap limits how much an agent can pay, but not how it spends.
One Bug, and AI Could Burn All the CashConsider an agent stuck in a loop, sending the same paid request over and over. Each call would settle automatically, so one bug could burn through the entire budget before anyone steps in.
Neither firm has said whether the system adds rate limits or alerts to stop that.
Mysten Labs, the developer behind Sui, built this year’s event around the so-called agentic economy. Its co-founder, Adeniyi Abiodun, summed up the thesis ahead of the conference.
“Economic activity is shifting from people clicking checkout buttons to agents transacting on their behalf, continuously and at machine speed.”
Most Agentic Payment Workflows Work Within Human Set Limits. Source: BeInCrypto ResearchSui and Alibaba Cloud Enter a Crowded Agent Payments RaceThe deal lands as rival chains chase the same niche. In September, Cardano joined the x402 standard, which lets agents pay online services in ADA.
Meanwhile, Wall Street has taken notice. A BlackRock research paper named stablecoins as the leading candidate for machine-native money.
SUI 1-month price chart. Source: BeInCryptoOn the market side, Sui’s native token, SUI, has gained about 43% over the past month, BeInCrypto price data shows.
The bigger test reaches beyond one network. If Sui and Alibaba Cloud push per-call stablecoin payments to real scale, other cloud providers may face pressure to follow.
For now, adoption remains early. BeInCrypto’s State of Agentic Payments research examines how much real volume sits behind the headline numbers.
On October 6, 2026, Flare announced that Firelight Protocol was live with aggregate staked positions capped at $115 million in $XRP. The launch puts staked FXRP behind cover for Sentora’s USD Protected Vault and Protected RWA Vaults. Sentinel Labs develops and maintains Firelight, while Sentora incubated it.
Firelight pools the capital for every covered vault in one Firelight Vault on Flare. Stakers deposit FXRP into that vault, and the pooled capital backs the full portfolio of coverage elected by participating operators. The capital sits outside the protocols it covers. Stakers receive emissions for supplying it, but their principal and compounded rewards can be slashed when a covered loss is approved.
The initial deployment embeds cover in two Sentora products. The USD Protected Vault allocates across dollar-denominated strategies on established DeFi protocols. The Protected RWA Vaults use strategies around real-world assets, including lending and leveraged looping in markets that accept those assets as collateral. Their underlying strategies continue to run as before. Firelight adds cover against defined protocol failures at the deposit level.
That structure removes a separate purchase step for depositors. A user entering a covered vault receives its protection under terms registered onchain. The user does not need to compare and buy an individual policy. The operator selects the coverage, while Firelight records its scope, parameters, price and capacity.
What the cover can pay for The published launch details name smart contract exploits, oracle failures, governance exploits, bad debt, mechanism-driven depegs and redemption failures as covered event categories. An event still has to satisfy the terms set for the affected vault. Firelight describes the product as coverage rather than insurance.
A payout begins with identifying every eligible active position in the affected market. ZeroShadow, Firelight’s designated security partner, then publishes an exploit report. A five-firm Risk Consortium independently checks the event, confirms the loss and publishes an onchain attestation. Its members are Hypernative, Native, Credora, Cyfrin and GFX Labs. The protocol cannot release a payout until the consortium authorizes the event against the published coverage criteria.
This creates a defined claims path, but it also puts a practical condition on protection. A vault label alone does not determine whether a loss qualifies. Users need the registered terms for that vault and the consortium’s eventual attestation. Operators need to keep the advertised risk scope consistent with the parameters recorded onchain.
Veda and Upshift are integrating Firelight at their infrastructure layers. Operators building on either platform will be able to switch on protection for their own vaults while drawing on the same Firelight Vault. That shared pool is the mechanism Firelight is using to extend capacity beyond the first Sentora products.
For an operator, enabling the integration does not make every loss payable. The operator still needs to select cover with a stated scope, price and capacity. Its users remain subject to the event categories and criteria recorded for that vault. The shared-pool design also connects operator demand to available staker capital. Adding a vault consumes capacity from the same pool that supports existing products, rather than creating a ring-fenced reserve for the new strategy. That makes the registered capacity a practical constraint for both vault marketing and deposit limits.
For depositors, the relevant comparison is between the vault’s published protection and its underlying strategy risk. Firelight can cover the named protocol failures, but the launch does not say that every investment loss or market move qualifies. The consortium’s review and attestation determine whether a reported event meets the terms before capital can be released.
How $XRP enters the protection pool $XRP holders can supply the pool through Flare Smart Accounts. A holder connects a supported XRPL wallet and selects the mint-and-deposit flow. The wallet sends $XRP on XRPL with the instruction attached. Flare’s Data Connector verifies the transaction, FAssets mints FXRP at a 1:1 representation on Flare, and the system deposits the FXRP into Firelight. The holder receives stXRP in a smart account controlled by the originating XRPL address.
The flow does not require the user to hold $FLR. Fees are charged in FXRP. Protocol emissions also stream in FXRP, including fees that operators pay in $USDC and that the system converts before adding them to a staker’s position. Firelight says emissions follow protocol revenue, so the amount available to stakers rises as operators enable more cover.
The return comes with direct exposure to covered losses. The staked deposit has no Firelight cover of its own, and slashing applies to accrued rewards as well as principal. Depositing through a Flare Smart Account also adds contract exposure to the account, FAssets and Firelight layers. Firelight lists OpenZeppelin, Coinspect and 0xMacro as contract auditors and says it completed a public Immunefi bug bounty, but it also states that contract risk remains.
Withdrawals are not immediate. Stakers initiate an exit through the web application and wait through the unstaking period. As cover becomes active, that window increases to match the 30-day coverage periods. A completed withdrawal returns FXRP, which the holder can redeem to $XRP at the XRPL address that opened the position. For allocators, the exit delay and slashing exposure are part of the yield calculation rather than operational details.
Capacity and the open question Flare says capital backing onchain cover equals about 0.14% of nearly $100 billion in DeFi. Firelight starts with a $115 million cap in $XRP on aggregate staked positions. The cap limits the capital available to support the first portfolio, while the exact protection available to each vault depends on its registered capacity and terms.
The broader integrations could add more covered vaults without creating separate capital pools. That may improve capital use, but it also means the same staker pool can stand behind a wider portfolio of risks. The unresolved point is how Firelight will price and allocate capacity as Veda and Upshift operators join, especially when several covered vaults depend on the same protocol, oracle or collateral. Firelight has not published that portfolio-level concentration detail in the launch announcement.
Archer Aviation stock NYSE:ACHR has fallen roughly 38% in 2026, but Cathie Wood is buying the dip.
ARK Invest funds purchased about 2.57 million ACHR shares worth $12.1 million on Oct. 6, while ARK’s ARKW fund sold roughly $9.4 million of SpaceX stock (NASDAQ: SPCX).
At $4.65, Archer now sits near the bottom of its 52-week range even as TipRanks analysts see around 149% upside.
Archer Aviation remains a high-risk stock despite Wall Street’s bullish targets. TipRanks’ six-analyst consensus of $11.60 implies roughly 149% upside from $4.65, while broader analyst data put the average target near $10.61.
The bull case depends on Archer expanding into defence, autonomy and airspace technology, while heavy cash burn and unfinished Midnight certification remain the biggest risks.
Archer has fallen from a 52-week high of $14.62 to $4.65, leaving it only modestly above its $4.30 low.
That collapse has come even as the company advances Midnight flight testing and prepares for the White House’s eVTOL Integration Pilot Program.
ARK is adding after a repricing rather than chasing momentum.
The investment case has widened beyond passenger air taxis. On Archer’s earnings call, Cantor Fitzgerald analyst Andres Sheppard said the company “no longer is an eVTOL company,” describing it instead as an aerospace, defence and advanced-air-mobility platform.
Archer plans to acquire Boeing’s Wisk Aero, Insitu and SkyGrid businesses, adding autonomy, military drones and airspace software. Insitu alone brings more than $200 million in annual revenue.
Wood is therefore buying a company whose share price has collapsed just as its addressable market is broadening.
TipRanks’ six-analyst consensus target stands at $11.60, implying roughly 149% upside from Tuesday’s close.
A broader nine-analyst set puts the average target closer to $10.61. But the range is unusually wide, as the lowest target is about $4.50, implying slight downside from current levels, while the highest target of $18 suggests potential upside of almost 290%.
That spread tells investors something the headline average cannot: Wall Street broadly agrees Archer has significant long-term potential, but analysts disagree sharply over what that potential is worth today.
The bullish argument increasingly depends on Archer becoming a broader aerospace and defence platform, not simply getting Midnight certified.
Canaccord Genuity analyst Austin Moeller kept a Buy rating and $12 target after Archer announced the Boeing transaction. TipRanks reported that Moeller sees the company “evolving into a more defence tech-focused business.”
Canaccord lifted its 2027 revenue estimate to about $325.5 million from $124.5 million, reflecting expected contributions from defence and autonomous-aviation assets alongside Midnight.
Archer is also developing Halo and Thunder autonomous aircraft and ZEE, an aviation-focused AI foundation model. Boeing is set to become a strategic shareholder and partner.
Archer generated $5 million of second-quarter revenue while adjusted EBITDA showed a $177.1 million loss. Operating expenses approached $280 million, and cash used in operations reached $156.4 million.
Canaccord estimated quarterly free-cash use at roughly $194 million and expects an adjusted EBITDA loss of about $717 million for 2026.
H.C. Wainwright analyst Amit Dayal nevertheless reiterated a Buy rating and $18 target after the results. From $4.65, that implies almost 290% upside.
But the $4.50 low target provides an important counterweight. It suggests at least one Wall Street view sees little reason for the stock to trade materially above current levels until Archer proves more of its commercial story.
Certification remains another central risk. Canaccord noted that Archer had not provided detailed timing for Phase 4 testing and analysis required for Midnight’s airworthiness certification.
That helps explain the gulf between bullish targets and weak price action. Investors are being asked to value businesses that could become large before the underlying programmes prove they can scale commercially.
Společnost HubSpot propustí 7 % zaměstnanců, tedy zhruba 660 lidí, v rámci reorganizace zaměřené na výsledky pro zákazníky s využitím AI. Akcie společnosti letos klesly o více než 43 %.
HubSpot announced on Tuesday that it is cutting 7% of its workforce—roughly 660 employees—as it reorganizes around what it calls AI-driven customer outcomes.
The layoffs come as investors have spent months questioning whether AI will reduce the need for businesses to pay for software like HubSpot’s, a fear dubbed the “SaaSpocalypse.”
HubSpot’s platform helps companies manage their customers, sales, and marketing. The company was removed from the FTSE All-World Index (USD) last month after a decline in its stock price, a report from Simply Wall St noted. The stock is down more than 43% this year as of this writing.
After news of the layoffs was announced Tuesday, premarket shares of HubSpot Inc. (NYSE: HUBS) rose over 1%, but they were down again by 1.57% as of midday trading.
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Building a “flatter organization”Yamini Rangan, CEO of HubSpot, explicitly told employees in a memo that the layoffs were “not driven by AI-related efficiencies.” Rather, the aim was to focus on “aligning our organization with our strategy and how we need to operate going forward,” Rangan wrote.
She added that the goal is to “build a flatter organization with fewer layers” by cutting back on management.
Still, artificial intelligence has been central to the company’s concerns. In August, Rangan blamed AI for why the company “got off to a slow start” in April as HubSpot was trying to adjust its product and pricing.
NRC povolila TVA výstavbu 300MW reaktoru BWRX-300 od GE Vernova, zatímco NuScale stále nemá závaznou smlouvu se zákazníkem ani podanou žádost o kombinovanou stavební a provozní licenci.
NuScale Power (SMR +4.43%) says it holds the only design certification the Nuclear Regulatory Commission has given a small modular reactor. Its newer US460 design, based on bigger 77-megawatt modules, also earned the agency's standard design approval in May 2025.
But the first commercial small modular reactor the NRC has approved for construction isn't a NuScale design. On Sept. 29, the regulator granted a permit for the Tennessee Valley Authority to build a 300-megawatt BWRX-300 reactor from GE Vernova (GEV +3.96%) on TVA's Clinch River site in Tennessee.
NuScale shares trade near $8 as I write, down about 86% from the $57.42 they hit a year ago. And the permit came under three weeks after UBS cut the growth stock to sell, arguing rivals were moving into construction but NuScale had no firm customer commitments.
I wouldn't buy or sell a stock over a rating change. But it's worth comparing how TVA won its permit to where NuScale's own customers are.
Image source: The Motley Fool.
A 14-month reviewThe NRC officially started reviewing TVA's application in July 2025 and finished in 14 months, four months ahead of schedule. And TVA already had an early site permit for Clinch River, granted in 2019.
The GE Vernova design is moving in Canada, too. Ontario Power Generation got a license to construct the first BWRX-300 in April 2025, and nuclear construction is now underway at its Darlington site.
NRC records for NuScale look different. The agency lists NuScale in pre-application work for future combined license applications (the filing a utility submits to build and operate a plant) that would reference the US460 design. When it approved the design, the NRC said that anyone wanting to use it would still need to apply to build and operate a reactor. None has done that yet.
What needs to happen first?Everything goes through ENTRA1 Energy, NuScale's exclusive commercialization partner. In September 2025, ENTRA1 and TVA signed a non-binding agreement for up to 6 gigawatts of capacity from NuScale's power modules, billed partly as power for artificial intelligence (AI) data centers. As of NuScale's second-quarter report in August, ENTRA1 was still working toward a definitive power purchase agreement with TVA.
The license application itself waits for that agreement. On NuScale's second-quarter earnings call, CEO John Hopkins said one of the first steps once power purchase agreements are in place would be starting the license application with the customer. He added that around 60% of the application work done for a scrapped Utah project could be reused.
So even a signed deal probably leaves NuScale's customer with an application to finish and file, and a federal review that, at TVA's pace, could run over a year. Under NuScale's partnership terms, a binding agreement also triggers NuScale's next milestone payment to ENTRA1 (35% of the total it could owe) before any reactor revenue comes in.
Revenue has almost dried upMeanwhile, the revenue NuScale does report keeps dropping, from $8.2 million in 2025's third quarter to around $1.8 million in the fourth. Then it slid to $565,000 in the first quarter of 2026 and just $75,000 in the second, compared to $8.1 million a year earlier. Most of the older revenue was from engineering work for a planned plant in Romania, which finished in late 2025. And a pricing agreement with the project's prime contractor for that work cut second-quarter revenue by $176,000, leaving the company's power plant and module services line negative.
Romania won't close the gap soon, either. Hopkins said the Romanian project's final notice to proceed is "probably another year from now."
And losses are growing. NuScale's operating loss hit $64 million in the second quarter. That's around 49% more than a year before, and up from the $57.5 million it lost in the first quarter.
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NuScale posted a net loss for each of those periods, so there's no net income to value the stock on yet.
Sure, NuScale has time -- and money. It finished June with $1.9 billion in cash and investments, around half the stock's market value of about $3.5 billion. That's probably enough to cover years of operating losses at the current rate, but a signed deal would also trigger the milestone payment to ENTRA1.
Ultimately, NuScale still has an approved design, lots of cash, and a partner negotiating with the same utility that just won the first permit. But a rival's reactor is now cleared for construction, while NuScale's route to selling one still starts with a contract that hasn't been signed.
NuScale's third-quarter call on Nov. 5 is the next chance for management to say if ENTRA1 and TVA have gotten there. Until then, I'd wait on the stock.
Pulsar Money v síti Arc buduje aplikaci pro platby ve více měnách se stablecoiny, která sjednotí vklady prostřednictvím bankovních převodů, karet, Apple Pay a vkladů stablecoinů v poměru 1:1 do jediného zůstatku.
Pulsar Targets Seamless Cross-Currency Spending on ArcPulsar Money is building a stablecoin-native money app on Arc, aiming to make multi-currency payments as straightforward as using a conventional banking app.
The app is building multiple funding routes, including bank transfer, card, Apple Pay, and 1:1 stablecoin deposits, with ACH and SEPA support planned, all converging into one balance.
Arc's Infrastructure Powers the Experience Behind the ScenesUnder the hood, Arc gives Pulsar Money the infrastructure for USDC-based fees, deterministic finality, USDC and EURC flows, StableFX for currency conversion, and Circle infrastructure for crosschain stablecoin movement. The design philosophy is deliberate: stablecoins power the experience without becoming the interface.
For Pulsar Money, that breadth of infrastructure provides a foundation to expand currency support over time as the ecosystem grows.
Sources:
Pulsar Money Launches on Arc to Bring Multi-Currency Stablecoin Banking to Europe — Cryptowisser
What Is Arc? The Stablecoin Blockchain From USDC Issuer Circle — Decrypt
Circle Launches Arc Mainnet With USDC as Native Gas Token — TradingView
Finský licenční a dozorový úřad LVV nařídil dceřiné společnosti Googlu Tuike Finland Oy pozastavit výstavbu dvou datových center v Muhosu a Kajaani, dokud nebudou dokončena posouzení vlivů na životní prostředí.
Google has been ordered to halt work on two data centers it's developing in Finland, a month after the tech giant committed to investing $15 billion in AI infrastructure in the country.
Finnish Licensing and Supervision Agency (LVV) on Tuesday issued a notice to Google subsidiary, Tuike Finland Oy, to suspend building work for data center projects planned for Muhos and Kajaani until the environmental impact assessments have been completed.
The suspension request applies, among other things, to the removal of trees, removal of topsoil, excavation, quarrying, crushing, transfer of soil masses, ditching and the construction of roads and storage areas, according to a Google translation of an LVV press release.
"We understand the concerns and have fallen short of our own high standards in this instance," a Google spokesperson told CNBC, adding that they would follow the LVV's guidance.
"We acted in good faith under the Forestry Act, and ran nature surveys and put in place measures to protect high-value areas," the spokesperson said. "As we continue our long-term work in the region, we are advancing our landscaping and biodiversity plans, which include tree planting across 130 hectares at Muhos."
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The LVV ordered Google to halt work no later than Oct. 23. The request does not apply to planning, measurements, soil surveys, or other measures with minor impacts that can be easily restored.
"In our opinion, the measures in question will change the environment and cause impacts, the identification and assessment of which are among the key objectives of the EIA procedure," Tommi Muilu, head of the environmental department at the Finnish licensing and supervision authority, said in the statement.
'Texas of Europe'Finland has emerged as a key location for data centers amid the AI boom, with hyperscalers and developers eyeing its available land and power, which is in short supply throughout most of Europe.
Several data center projects with potential capacities of hundreds of megawatts have recently been announced in the country.
The rise in demand has led to Finland being dubbed the "Texas of Europe." The U.S. state has become one of the leading locations for AI data centers globally, with a number of huge projects announced by hyperscalers and AI labs, including Google, Meta, Microsoft and Anthropic.
Google's $15 billion plan for Finland will mark its largest investment in Europe. The capital will be deployed through 2028 into data centers and other supporting investments like energy projects, the company said in a statement at the time.
Read more data center newsAmerica’s data center fight is a preview of what’s to come for the rest of the worldSpaceX launches Google AI chips into orbit in push toward space-based data centersAI data centers are transforming rural land markets — and fueling a backlashNvidia plays matchmaker in Nordics, sources tell CNBC, as AI data center deals boom in regionAnthropic and OpenAI hunt for smaller data center deals, sources tell CNBC, in race to deploy AI capacityBill to curb AI data center utility costs hits snag in SenateThe AI boom is colliding with a new threat: Severe weatherDigital Realty falls 5% after taking $3.5 billion stake in Blackstone’s Virginia data centersAnthropic’s latest hiring spree reveals where it’s building AI data centers nextNo one wants AI data centers on Earth. Do they make sense in space?Why AI demand is pushing data centers to the edge of EuropeDenmark faces data center reckoning as power grid overwhelmed by surging demandMajor data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBCAnthropic looks to hire six-figure role for negotiating data center deals to fuel Europe AI expansionAI data center boom ‘stress tests’ insurers as private capital floods inData center expansion reaches an ‘inflection point’How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investorsPowering AI: Europe switches on its first microgrid-connected data centerHow the red-hot AI data center boom is igniting demand for a new, lucrative career path: Trade workersDust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscapeQuantum’s big leap puts data centers in the spotlightData center deals hit record $61 billion in 2025 amid construction frenzy
Item 1 of 2 The logo of semiconductor company Advanced Micro Devices (AMD) is displayed over a booth at the Web Summit digital trade show in Vancouver, British Columbia, Canada, May 12, 2026. REUTERS/Chris Helgren/File Photo
[1/2]The logo of semiconductor company Advanced Micro Devices (AMD) is displayed over a booth at the Web Summit digital trade show in Vancouver, British Columbia, Canada, May 12, 2026. REUTERS/Chris... Purchase Licensing Rights, opens new tab Read more
SEOUL, Oct 7 (Reuters) - AMD (AMD.O), opens new tab CEO Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics (005930.KS), opens new tab in the memory and foundry businesses.
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In response to tight memory chip supply, Su said AMD is "working with our customers to optimise their memory footprint so that we can satisfy more computing going forward."
Speaking to reporters during a visit to Seoul, Su said she had met with executives at SK Hynix (000660.KS), opens new tab and was going to meet with executives from Samsung Electronics.
Su said she encourages memory suppliers to "build faster, as fast as possible."
"I think we very much rely on the Korean supply chain," Su said, adding that Samsung and SK Hynix are "key for us to accomplish our broad ambition in data centres."
Su said overall data centre demand remained very strong, with AMD seeing strong demand signals across its product portfolio.
In March, AMD and Samsung Electronics signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure.
The companies said at the time they would also discuss opportunities for a foundry partnership, under which Samsung could provide contract chip manufacturing services for next-generation AMD products.
Reporting by Heekyong Yang and Hyunjoo Jin Editing by Ed Davies
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Ford is betting big on its next lineup of EVs. The CEO said it's pulling part of the manufacturing process into the car's brain. Bloomberg/Getty Images The computer inside Ford's next generation EVs will have a job to do before customers ever get the keys.
During a roundtable interview at Ford's Accelerate conference, CEO Jim Farley said vehicles built on the automaker's coming Universal Electric Vehicle platform, or UEV, will use their onboard computers to verify assembly connections.
"The vehicle diagnoses itself," he said during the interview, attended by Business Insider. "Most of our plants, with vision systems looking over people's shoulder to make sure they attach something right? We don't have that in UEV."
Ford isn't doing away with factory cameras and other external quality checks, a representative told Business Insider. Cameras will remain part of the assembly process.
What is new is the vehicle's internal verification: Once the vehicle has power, right after the painting process, its computer tells workers if the car's internal connections are correct.
That's a wildly different approach to vehicle manufacturing. Historically, car companies, including Ford, have relied on off-the-line inspections and scanners to check if connections are properly paired.
Now, Ford says it's bringing part of the manufacturing confirmation into the car's own brain.
"The computer determines if the connections are done right, and tells the worker immediately," Farley said.
Ford has previously talked to Business Insider about how it's turning to tech for quality control at its assembly plants. Since 2024, the company has been deploying internally-developed scanners — called AiTriz and MAIVs — which match machine learning and video streaming to catch minuscule misalignments. The systems can be especially useful when workers wearing gloves cannot easily feel whether two components are properly connected.
Ford told BI that those external checks are not going away on UEV — but the internal verification will be new for the platform.
The company has an obvious incentive to find more problems before vehicles reach customers. Last year, the company easily set a US auto industry record, issuing more than 150 vehicle recalls. The previous record was set by General Motors in 2014 when they issued 77. So far, Ford has posted another 78 this year, per NHTSA data.
The company is showing some confidence that its newer vehicles are turning the issue around. In June, the company topped JD Power's initial quality study, and Ford said much of its improvement came after it hired a batch of engineers, including rehiring some experienced technical specialists.
Simplification is another important element. Ford has reiterated that the coming Fathom pickup truck, the first vehicle built on the EV platform, has 20% fewer parts, 25% fewer fasteners, and 40% fewer workstations compared to the automaker's previous EV efforts.
The truck's Louisville plant will also move away from the company's traditional single-stream assembly line. Instead, three major sections of the truck will be built separately before being brought together in a central "marriage." Ford has dubbed the new approach an "assembly tree."
Ford has not released several details about UEV's assembly approach — it expects to raise the curtain on those developments in January.
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Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41.
Starbucks čelí navrhované hromadné žalobě kvůli tomu, že osm proteinových nápojů označuje jako „bez cukru“, přestože ve velikosti venti obsahují 13 až 21 gramů cukru. Starbucks obvinění odmítá.
Starbucks is facing a proposed class-action lawsuit alleging the coffee giant misleadingly markets eight protein beverages as “Sugar-Free” despite the drinks containing naturally occurring sugar from milk.
The lawsuit, filed Friday in the US District Court for the Western District of Washington, alleges Starbucks’ “Sugar-Free” protein drinks contain between 13 and 21 grams of sugar per venti serving.
The plaintiffs contend the product names violate federal regulations governing “sugar-free” labeling claims.
Starbucks disputes the allegations.
“We believe these claims have no merit,” a Starbucks spokesperson said in a statement.
“Starbucks has consistently and clearly provided information about its protein beverages, sugar-free options, customization choices and nutritional content across product announcements, menus, marketing materials, Starbucks.com and the Starbucks app, and we intend to vigorously defend ourselves in this matter.”
Starbucks is facing a lawsuit alleging it misleadingly marketed protein drinks as “sugar-free” despite containing natural sugar. Studio Aurelia – stock.adobe.com At the center of the dispute is the distinction between total sugar and added sugar. The plaintiffs acknowledge that Starbucks provides nutritional information showing the beverages contain sugar, but argue that using “Sugar-Free” in the product names is misleading.
“This case is about false and misleading product names. It is not about missing nutritional information,” the complaint states.
The sugar at issue is lactose naturally present in the milk used to make the beverages, according to the lawsuit. Figures cited in the complaint from Starbucks’ nutrition information show venti versions contain between 13 and 21 grams of sugar.
A venti Sugar-Free Caramel Protein Matcha contains 21 grams of sugar, according to the complaint. ClassAction.org A venti Sugar-Free Caramel Protein Matcha contains 21 grams, while a Sugar-Free Vanilla Protein Matcha contains 20 grams, according to the complaint. The lawsuit includes screenshots of Starbucks’ ordering pages showing those sugar amounts alongside the “Sugar-Free” product names.
Starbucks has distinguished between total sugar and added sugar in descriptions of the beverages. According to the complaint, Starbucks has described the products as containing “no added sugar” while also incorporating “Sugar-Free” into their names.
The plaintiffs argue that distinction does not satisfy federal requirements for a “sugar free” claim.
The complaint cites Food and Drug Administration regulations that plaintiffs say permit a “sugar free” claim only when a food or beverage contains less than 0.5 grams of sugar per reference amount customarily consumed and per labeled serving, among other requirements.
Starbucks launched its protein drink lineup in September 2025. Brian Zak/NY Post The plaintiffs allege Starbucks’ drinks exceed that threshold because of the lactose in the milk used to make them.
The lawsuit also alleges Starbucks fails to provide a calorie disclaimer that plaintiffs contend is required under FDA regulations when a “sugar free” claim is made on a product that is not labeled low or reduced calorie. The complaint says the eight beverages contain roughly 270 to 340 calories per venti serving.
The allegations have not been adjudicated, and Starbucks denies any wrongdoing.
The lawsuit was brought by consumers Michael Walsh of California, Anne Legnini of New York and Elna Potter of Washington.
They are seeking to represent a nationwide class of customers who purchased the beverages, or alternatively separate classes of consumers in California, New York and Washington.
The eight beverages at issue are hot and iced Sugar-Free Vanilla and Caramel Protein Lattes and Protein Matchas. Starbucks launched its protein beverage lineup in September 2025 as the company sought to tap growing consumer demand for protein-enhanced drinks.
The plaintiffs are pursuing claims under consumer protection and false advertising laws in Washington, California and New York, along with claims for breach of implied warranty and unjust enrichment.
They are seeking damages and restitution as well as an order barring Starbucks from marketing beverages as “Sugar-Free” unless they meet the applicable requirements.
IBM představila řešení Ready for SAP pro modernizaci cloudového ERP a přípravu na AI; Volumetric Building Companies díky transformaci SAP zkrátila provozní cykly o 50 %.
Volumetric Building Companies cuts operational cycle times by 50% with SAP Cloud ERP Second Nature Brands extends and strengthens their common enterprise platform following its Voortman acquisition Modernized ERP foundation positions clients to scale operations and support AI-readiness , /PRNewswire/ -- IBM (NYSE: IBM) today announced IBM Ready for SAP Solutions to help midsize and fast-growing organizations accelerate cloud ERP modernization, unify enterprise data, and establish an AI-ready digital core. Volumetric Building Companies and Second Nature Brands are among the clients using the solution to support growth and future AI initiatives.
Volumetric Building Companies (VBC), a global modular construction company, reduced operational cycle times by 50% across purchasing, manufacturing, and inventory processes following a three-month SAP Cloud ERP transformation with IBM. Second Nature Brands, a portfolio company and creator of premium snacks and treats, recently completed an SAP Cloud ERP transformation with IBM that integrated its acquired Voortman Bakery business and established a common enterprise platform for its operations.
The two transformations demonstrate how IBM Ready for SAP Solutions can support different business needs, from improving operational efficiency to integrating acquired businesses onto a common enterprise platform.
"As our business continues to grow, we needed technology that could scale with us and give our teams a more connected way of operating," said Chris Macies, COO, Volumetric Building Companies. "By modernizing our ERP environment with IBM, we now have unified visibility across our supply chain and operations, helping our teams move faster and make more informed decisions with greater visibility throughout the manufacturing process. Just as importantly, we've established a scalable digital foundation that positions VBC to support future automation and AI initiatives as we continue to grow."
"Successfully integrating an acquisition is about more than combining operations. It's about quickly implementing and expanding a unified foundation built for future growth," said Jeff O'Gradney, VP IT, Second Nature Brands. "Working with IBM, we successfully integrated the Voortman Bakery business and expanded our common enterprise platform that positions Second Nature Brands to scale more efficiently as one organization."
Bringing together IBM's industry expertise, fit-to-standard delivery, and IBM Consulting Advantage, the company's AI-powered consulting delivery platform, IBM Ready for SAP Solutions is designed to help organizations accelerate transformation at scale.
"Businesses are under increasing pressure to operate with greater speed, efficiency and predictability, and many are implementing AI to improve," said Dr. Tom Janoshalmi, Global Managing Partner, IBM Consulting. "But scaling AI requires a connected and modern enterprise foundation. VBC and Second Nature Brands started from different places, and now both run on a modern SAP platform built for what comes next."
Volumetric Building Companies and Second Nature Brands' transformations reflect a broader shift as companies focus on modernizing ERP systems to improve operational efficiency and prepare for AI. According to research from the IBM Institute for Business Value, 68% of enterprises say accelerating ERP modernization is important to improving operational efficiency and maintaining competitiveness.
"Businesses can unlock the greatest enterprise-wide value from AI when they connect intelligent technologies with rich data semantics, end-to-end business processes, industry expertise, and strong governance," said Santina Franchi, SAP Corporate Segment and GROW. "VBC and Second Nature Brands recognize this opportunity and are building a modern digital core with SAP and IBM Ready for SAP Solutions as the foundation for scaling their AI ambitions with confidence, speed, and reliability. Through this partnership, we are extending our GROW Fast methodology to help customers accelerate their journey to SAP Cloud ERP, enabling go-lives in weeks and creating a strong platform to expand across the SAP Autonomous Enterprise."
IBM Ready for SAP Solutions is currently available in limited countries and for specific industries. IBM plans to continue expanding availability of the solution globally across additional industries and markets. To learn more, visit ibm.com/consulting/sap-ibm-ready.
About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.
GBP/USD se od listopadu 2025 pohybuje v bočním pásmu, zatímco dolarový index dosáhl nových maxim pro rok 2026. Průlom pod support by otevřel cestu k minimům z listopadu 2025.
GBP/USD technical analysis shows the British pound holding a sideways range since November 2025 as the U.S. dollar index hits fresh 2026 highs.
Razan Hilal, StoneX Media Market Analyst, walks through the weekly and daily GBP/USD charts and the scenarios a range exit opens. Daily RSI readings on GBP/USD and EUR/USD are rebounding from oversold levels last seen in November 2025 and 2015 respectively, as the U.S. dollar index sits at overbought daily conditions last seen in 2023.
Fibonacci extensions map staged resistance up to the top of the British pound's consolidation, while a sustained breakdown below support opens a path toward the November 2025 lows.
This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by Forex.com.
I cover this chart every week in my Markets in Focus webinar
USD/JPY technical analysis shows an intact long-term uptrend, while EUR/JPY sits at oversold extremes last seen in 2024 on French debt uncertainty.
Razan Hilal, CMT, StoneX Media Market Analyst, walks through how Bank of Japan policy, euro weakness and the U.S. dollar index are shaping the yen crosses. The Bank of Japan's preference for gradual tightening, aimed at anchoring inflation near 2%, keeps the Japanese yen relatively weak and the USD/JPY uptrend channel in place since 2023 intact. That holds even as the U.S. dollar index shows reversal risk, while a move toward multi-decade highs in USD/JPY revives Bank of Japan intervention risk.
This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by Forex.com.
I cover this chart every week in my Markets in Focus webinar.
Bleichmar Fonti & Auld vyšetřuje nabídku Barryho Dillera na odkup zbývajících akcií společnosti MGM Resorts za 48,30 USD na akcii kvůli možnému střetu zájmů.
NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.
Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.
If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.
Key Details of the MGM ($MGM) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?
As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.
In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”
BFA is investigating whether the potential agreement complies with Delaware law.
If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
While it tends to be a rewarding long-term strategy, dividend investing requires some trade-offs. Most notably, investors looking for steady, growing equity income will likely wind up embracing stocks with slower growth profiles than, say, a hot artificial intelligence (AI) stock.
That's certainly true of the largest consumer staples companies by market cap, a group that's home to some of the most dependable dividend payers on the market, but one that, broadly speaking, lacks exhilarating returns. Another rub with some dividend stocks is that, despite perceived safety, they deliver negative returns.
Hormel's dividend is high, but the stock may be a rebound candidate. Image source: Getty Images.
Of late, that's been the case with Hormel Foods (HRL -1.00%). Down 50.5% over the past five years, the Spam maker is delivering spam to investors' portfolios, pushing its dividend yield to nearly 5.7%, as of Oct. 2. That's a multiyear high, maybe a record. Still, this stock may also be a credible rebound candidate.
The good, the bad, and the ugly of Hormel stock Obviously, the "ugly" is that shares of the SKIPPY peanut butter maker have lost more than half their value over the past five years, including a 14.6% decline this year.
As with some other old-guard food stocks, Hormel has been punished by consumers who are prioritizing healthier options. To be fair, Hormel's product portfolio isn't bereft of healthy fare, but there are perceptions, some with merit, that canned beef stew and chili don't exactly qualify as healthy eating.
On a more positive note, shifting consumer tastes aren't altering Hormel's dividend dynamics. With a payout increase streak spanning 61 years, the Jennie-O maker is a Dividend King, or one of the companies that have raised dividends for at least 50 straight years. Relevant to investors considering this stock a long-term play that can find its groove back are points such as some market observers viewing Hormel as a value play and as a company committed to maintaining its status as a dividend royalty.
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Investors considering sinking their teeth into Hormel have other positives to consider. For example, over 40 of the company's products rank first or second in their respective categories. Second, protein consumption is still highly fashionable. In fact, some professional investors note that consumers who use weight-loss drugs consume three times as much protein as their peers who aren't taking those pharmaceuticals, suggesting that Hormel may be an underappreciated play on the GLP-1 boom.
On the protein-related front, Hormel recently paid almost $1.1 billion for Brakebush Brothers, a chicken company. Some analysts believe Hormel is getting a good deal, particularly because chicken is the fastest-growing protein segment.
The interest rate quagmire High interest rates are a headwind for the Hormel thesis, not because the company carries unmanageable debt. It doesn't. Rather, the issue is that as of Oct. 2, 10-year Treasury yields were flirting with 5.3%. Some investors see a number like that and may say to themselves, "Why would I bother with the Hormels of the world when I can get a 5%-plus yield on lower-risk U.S. government debt?"
There's merit in that perspective, but it also requires a trade-off. That is taking on too much safety while missing out on a potential Hormel rebound, which could be ushered in by the company's moves to shed underperforming businesses and renew its emphasis on its top-performing brands.
Průzkum eBay ukázal, že 47 % spotřebitelů nakupuje použité zboží alespoň jednou měsíčně, oproti 35 % v roce 2025; 70 % jej považuje za důležité pro rodinný rozpočet.
, /PRNewswire/ -- Today, eBay released its 2026 Recommerce Report, new global research showing that secondhand shopping is becoming a more deeply embedded part of everyday life. The research indicates that consumers around the world are increasingly turning to recommerce for value, selection, sustainability and connection.
Based on surveys of more than 10,500 consumers and more than 1,700 eBay sellers across several markets, the report demonstrates a meaningful shift in the role of recommerce: what was once a more occasional or discretionary way to shop is increasingly becoming an engrained part of how consumers and eBay sellers manage household budgets and make everyday purchasing decisions.
Among the report's key global findings:
70% of global consumers surveyed consider secondhand shopping important for managing their household budgets. 47% say they buy secondhand goods at least monthly, up from 35% in 2025. 76% say they have shopped for secondhand products in the past year. 89% plan to spend the same or more on secondhand goods next year. Younger consumers continue to lead the shift, with 53% of 18–29-year-olds expecting to buy more secondhand products over the next 12 months, compared with 36% overall. For the first time, eBay's research shows U.S. consumers place greater importance on secondhand for managing household budgets than consumers globally. In the U.S., 36% of consumers surveyed say secondhand is "very important" to managing their household budgets, compared with 28% globally. The new research shows the meaningful role recommerce can play for sellers, too: 45% of U.S. eBay sellers say resale provides supplemental income, while 25% say the money from their sales has provided vital support for their household income. With millions of sellers from around the world on the platform and approximately 70% of eBay sales coming from small businesses, these findings underscore how recommerce is increasingly helping people stretch their budgets as buyers while also creating economic opportunity for sellers.
"Recommerce has been core to our marketplace for 30 years, and this year's report makes clear that its role in people's lives is only growing," said Jamie Iannone, Chief Executive Officer at eBay. "With more than 2 billion live eBay listings, consumers around the world are embracing secondhand for the affordability, quality, trust, and discovery it offers. eBay is proud to help power that global shift by connecting people with the products they love and the economic opportunity that recommerce creates."
The report also points to several forces shaping the next chapter of recommerce:
There is significant opportunity to unlock more supply: 85% of surveyed eBay sellers source secondhand inventory from their own belongings, highlighting the potential to bring more of the items sitting in homes and closets back into circulation. At the same time, sustainability remains a powerful part of the story, with 83% of consumers surveyed agreeing that recommerce has real environmental benefits. And as recommerce grows more social and interactive, 54% of consumers say community and shared connections, like live shopping, are important to their secondhand shopping experience. About the Research
The 2026 Recommerce Report is based on two surveys conducted online in partnership with Bounce Insights, a leading agile research platform. The external survey included 10,522 consumers across the U.S., U.K., Germany, Poland, France, Italy, Spain, Australia, Austria, and Japan. The survey fieldwork took place between July 9, 2026 and July 27, 2026. Respondents included consumers who have engaged in recommerce, defined as individuals who have bought pre-loved or secondhand goods. In addition, a survey of 1,707 eBay sellers was conducted between July 15, 2026 and August 10, 2026 across the U.S., U.K., Germany, France, Italy, Australia, and Japan. Respondents included active eBay sellers who have engaged in recommerce by selling pre-loved or secondhand goods on the platform.
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2025, eBay enabled $80 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.
Morgan Stanley nabízí ETF na Bitcoin, Ethereum a Solanu s ročním poplatkem 0,14 %; fondy zaměřené na Ethereum a Solanu navíc získávají stakingové odměny.
Morgan Stanley controls a rare built-in sales channel for its Bitcoin, Ethereum, and Solana ETFs, but staking rewards and fund size create a hidden tension that could push adviser money in a surprising direction.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Morgan Stanley (NYSE:MS | MS Price Prediction) offers three crypto ETFs: the Bitcoin Trust (NYSEARCA:MSBT), the Ethereum Trust (NYSEARCA:MSSE), and the Solana Trust (NYSEARCA:MSOL), each with a modest annual fee of 0.14%. These funds hold Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Solana (CRYPTO:SOL). The Bitcoin Trust was launched in April 2026, followed by the Ethereum and Solana funds on July 28 of the same year.
At the time of their launch, all three cryptocurrencies were experiencing significant downturns. Over the past year, Bitcoin has dropped about 32%, Ethereum has fallen about 43%, and Solana has lost about 49%. With one management team, a single fee structure, and one advisory group behind all three Morgan Stanley crypto ETFs, the question is: Which coin will receive investment first, and which will feel the impact most?
Morgan Stanley’s Advisers Give Its Crypto ETFs a Built-In Sales Channel
Morgan Stanley operates as a “wirehouse,” a large brokerage house where financial advisers manage client portfolios. One key advantage for Morgan Stanley is that it can put its own funds in front of its advisers without the approval process outside fund managers face, as it both creates the funds and employs the advisers who sell them.
Initial results illustrate this advantage. The Bitcoin Trust, MSBT, saw impressive early inflows, amassing over $381 million within three months of its launch, coinciding with a seven-week streak of rising interest in spot Bitcoin ETFs. Overall, Morgan Stanley’s ETF lineup holds over $14 billion across 22 different funds.
The competitive 0.14% fee gives Morgan Stanley an edge over other crypto funds. However, the low fee may matter less to clients, as many advisers focus on personal relationships over strict cost comparisons.
Morgan Stanley’s Ethereum and Solana ETFs Pass On Staking Rewards
A key difference among the three funds is their approach to staking. Staking involves locking up coins to support blockchain operations, earning new tokens as rewards. Both MSSE and MSOL stake and pass the rewards directly to their respective funds, with Morgan Stanley taking no cut.
On the other hand, Bitcoin operates on a mining system rather than staking, meaning MSBT does not provide any staking rewards for its investors. This difference may encourage advisers to seek Ethereum and Solana for added income potential, making them more attractive than Bitcoin.
Solana’s Smaller Fund Market Gets More From Each New Dollar
When examining fund sizes, Bitcoin clearly leads, with U.S. spot Bitcoin funds holding about $111 billion. In contrast, spot Ethereum funds account for around $18 billion, while U.S. spot Solana funds sit at about $2 billion.
However, Solana benefits most from each additional dollar invested because of its smaller market size. For example, if Morgan Stanley’s advisers allocated $100 million to each of the three funds, it would raise Solana’s fund assets by about 5% while barely affecting Bitcoin’s fund assets.
Additionally, MSOL faces less direct competition, with only eight other spot Solana funds compared to 11 rivals for MSBT.
Which Coin Will Gain the Most From Morgan Stanley’s Crypto ETFs? While Morgan Stanley’s adviser money will likely flow into Bitcoin first because of its established market presence, Solana may see a greater impact per dollar invested. This is because each new investment carries more weight in a $2 billion market, particularly as MSOL also provides staking rewards.
However, Solana’s growth will be telling. If assets in U.S. spot Solana funds remain relatively stagnant near $2 billion while MSOL grows, it could indicate that advisers are reallocating funds within existing Solana investments rather than introducing new capital. In that case, the intended benefits of Morgan Stanley’s advisory network might not be as substantial as Solana’s small fund market would suggest.
Contact [email protected] for any questions or corrections.
Společnost Accenture ve 4. čtvrtletí zvýšila tržby o 7 % při konstantních měnových kurzech, čímž překonala svůj výhled; poptávku po poradenství a spravovaných službách podporuje AI.
SummaryAccenture delivered strong Q4 results, dispelling fears that AI adoption would hurt demand; instead, AI is driving transformational projects and operational efficiency.Q4 revenue grew 7% in constant currency, exceeding guidance, with robust bookings momentum and broad-based demand across consulting and managed services.AI is both a growth and margin driver for ACN, with productivity gains supporting operating leverage and a shift toward fixed-price, outcome-based contracts.Shares remain attractively valued at ~13.3x FY27 EPS, with buybacks, dividends, and federal spend normalization supporting a buy rating. HJBC/iStock Editorial via Getty Images
Investment Thesis Accenture’s (ACN) recent results have significantly strengthened the bull case. The company’s Q4 results indicate that investor concerns about AI being a headwind for the business are not justified. Instead, AI adoption is resulting
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
EUR/USD zůstává pod tlakem, protože Brent se vrátil nad 100 USD za barel a vyšší ceny ropy podporují dolar. Klíčovým rizikem jsou další narušení dodávek přes Hormuzský průliv.
The dollar was back on the front foot after a brief pause, with EUR/USD, gold and silver all slipping as bond yields and crude oil both pushed higher. There is not much on the calendar today until the release of the September FOMC meeting minutes. At that meeting, the Fed’s dot plot and Chairman Kevin Warsh’s press conference already tilted hawkish, so the minutes are unlikely to deliver much of a dovish surprise. At the same time, recent US data have been soft. So, the bar for another meaningful leg higher in reaction to the FOMC minutes for the dollar is high. The greenback is more likely to find continued support if oil prices push further higher after yesterday’s impressive recovery from a 3% decline earlier in the day. This means that the EUR/USD forecast remains titled to the downside for now.
Keep an eye on oil prices
Oil remains the key swing factor. Brent is back above $100 a barrel as concerns over the Strait of Hormuz persist, keeping pressure on bond markets and limiting the scope for a sustained dollar pullback.
Source: TradingView.com
Until something changes drastically, I can’t see oil prices falling back meaningfully any time soon, despite reports that the flows through the Strait have improved in recent weeks. So much oil has been lost that it will take a significant amount of time to return to pre-war levels. Let’s not forget that those depleted global oil inventories will need to be filled and soon. This will keep demand for oil high at the time when supply is restricted. Crude oil, therefore, have to rise to a new equilibrium price soon, if there is no meaningful shift in the supply curve. At the very least, expect oil prices to remain elevated for a while yet and this should keep inflation and stagflation concerns high. While oil flows may have improved, the risk of further disruption has not gone away. With little evidence of an imminent deal, elevated energy prices remain a constraint on any meaningful recovery in bonds and, by extension, on a sustained decline in the dollar. This should keep the EUR/USD forecast tilted to the downside until something changes.
Dollar will need to find something new from the FOMC minutes
Tonight’s release of the September FOMC minutes will be watched closely by the FX markets. Investors will be looking for clues on the Fed’s reaction function, particularly what kind of inflation outcome would be enough to justify another rate hike this year. Any discussion around the dovish dissent will also attract attention.
But the minutes may struggle to deliver the dovish surprise some dollar bears are hoping for. Reall that the dot plot showed four policymakers expecting two further hikes this year, compared with just two expecting no additional tightening.
At the same time, the data since the September meeting have been relatively soft and markets already have pushed their expectations to a December hike from October. That means the bar for the minutes to generate another significant dollar rally is also high.
EUR/USD forecast: France is not out of the woods
French sovereign spreads may have narrowed a bit in recent days, helped mainly by the broader improvement in global bond sentiment, although Marine Le Pen’s pledge to bring France’s budget deficit down sharply to 3.7% of GDP next year also provided some support. But don’t expect that to be the end of it. For indeed, it is too early to call this a meaningful turning point for French assets.
Le Pen is clearly trying to position herself as a more market-friendly candidate, but the credibility of the fiscal adjustment remains the sticking point. The proposed €140 billion of savings look ambitious to say the least and it will be seen how it will be delivered.
That makes it difficult to see yesterday’s narrowing in spreads as the beginning of a sustained French bond recovery.
Technical EUR/USD forecast and key levels to watch
From a technical analysis point of view, the EUR/USD had broken key weekly support around the 1.1360 area, so the bias remains tilted to the downside. The pair found some support around the 127.2% extension of the last upswing at 1.1220 earlier this week, but the selling has now resumed after the pair was unable to break above 1.1260 short-term resistance.
Source: TradingView.com
The next major downside area on the EURUSD chart I am watching comes in around 1.1085, the 161.8% Fibonacci extension. Below that, the 1.1000 handle could be the next stop.
Watch: EUR/USD and gold analysis
Frequently asked questions
Could tonight’s FOMC minutes change the dollar outlook?
The key is whether the minutes add something new about the Federal Reserve’s reaction to inflation. The hawkish dot plot limits the scope for a dovish surprise, but softer subsequent data also raise the bar for another significant dollar rally.
Does narrower French debt pricing mark a turning point for the euro?
I think it is too early to call a sustained recovery. Better global bond sentiment has helped, but the credibility of France’s proposed fiscal adjustment remains the sticking point.
Are the deeper EUR/USD downside objectives a forecast for today?
Not necessarily. However, the direction of travel seems to be southbound. So I wouldn’t be surprised if we got there as early as today – especially if oil prices spike.
Williams-Sonoma, Inc. (NYSE:WSM – Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $213.67 and traded as high as $246.43. Williams-Sonoma shares last traded at $242.31, with a volume of 1,171,690 shares changing hands.
Analyst Upgrades and Downgrades Several brokerages have recently commented on WSM. TD Cowen reaffirmed a “buy” rating on shares of Williams-Sonoma in a research report on Monday, August 10th. Morgan Stanley boosted their target price on shares of Williams-Sonoma from $210.00 to $240.00 and gave the company an “equal weight” rating in a research report on Thursday, August 27th. Jefferies Financial Group set a $275.00 target price on shares of Williams-Sonoma in a research note on Wednesday, August 26th. Evercore set a $245.00 price target on shares of Williams-Sonoma in a report on Thursday, August 27th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $247.00 price target (up from $190.00) on shares of Williams-Sonoma in a research note on Thursday, August 27th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $245.56.
View Our Latest Stock Analysis on Williams-Sonoma
Williams-Sonoma Stock Up 1.5% The stock has a 50 day simple moving average of $233.84 and a 200 day simple moving average of $213.67. The stock has a market cap of $28.54 billion, a price-to-earnings ratio of 24.80, a PEG ratio of 2.59 and a beta of 1.48. Williams-Sonoma (NYSE:WSM – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The specialty retailer reported $2.10 EPS for the quarter, beating the consensus estimate of $2.08 by $0.02. Williams-Sonoma had a return on equity of 53.48% and a net margin of 14.73%.The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Equities analysts expect that Williams-Sonoma, Inc. will post 9.51 earnings per share for the current year.
Williams-Sonoma Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, October 16th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, October 16th. Williams-Sonoma’s payout ratio is 31.12%.
Insiders Place Their Bets In other news, EVP Karalyn Yearout sold 1,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $250.00, for a total transaction of $250,000.00. Following the completion of the sale, the executive vice president directly owned 20,717 shares of the company’s stock, valued at $5,179,250. The trade was a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffrey Howie sold 3,045 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $220.61, for a total transaction of $671,757.45. Following the sale, the chief financial officer directly owned 34,138 shares of the company’s stock, valued at approximately $7,531,184.18. The trade was a 8.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 39,567 shares of company stock worth $8,792,373. Insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On Williams-Sonoma A number of hedge funds have recently added to or reduced their stakes in WSM. Eastern Bank increased its holdings in Williams-Sonoma by 10.6% during the 3rd quarter. Eastern Bank now owns 752 shares of the specialty retailer’s stock worth $171,000 after purchasing an additional 72 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Williams-Sonoma by 3.4% in the second quarter. QRG Capital Management Inc. now owns 12,904 shares of the specialty retailer’s stock worth $3,008,000 after purchasing an additional 419 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Williams-Sonoma by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 461,832 shares of the specialty retailer’s stock valued at $107,652,000 after purchasing an additional 22,833 shares in the last quarter. State Street Corp lifted its holdings in shares of Williams-Sonoma by 1.9% in the second quarter. State Street Corp now owns 5,906,785 shares of the specialty retailer’s stock valued at $1,376,872,000 after purchasing an additional 112,683 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Williams-Sonoma by 2.0% during the second quarter. Sequoia Financial Advisors LLC now owns 67,858 shares of the specialty retailer’s stock valued at $15,818,000 after buying an additional 1,299 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.
Williams-Sonoma Company Profile (Get Free Report)
Williams-Sonoma, Inc is an omnichannel specialty retailer focused on home furnishings, décor, kitchenware and related lifestyle products. The company operates a portfolio of brands that includes Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home and Mark & Graham.
Its products include cookware, cutlery, appliances, tabletop goods, furniture, bedding, bath products, lighting, rugs, textiles, decorative accessories, gifts and personalized items.
Further Reading Five stocks we like better than Williams-Sonoma Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.
EUR/CAD prolomil podporu na úrovni 1,6000, když se rozpětí výnosů francouzských dluhopisů OAT vůči německým Bundům opět rozšířilo směrem k 137 bazickým bodům. Další klíčovou úrovní k otestování je 1,5887.
TL;DR: Euro flipped from the strongest to the weakest major currency in a single session as French bond relief proved short-lived—the OAT-Bund spread widened back toward 137bp—and EUR/CAD has now broken decisively below 1.6000, with 1.5887 the next key test.
Why This Matters The Euro is back under pressure, reversing Tuesday’s rebound as relief in French government bonds proves short-lived. At 08:00 GMT on Wednesday, Euro was the weakest of the eight major currencies on the ActionForex Currency Heat Map, falling against all seven peers after ranking as the strongest major a day earlier. That swing in a single session is the clearest sign that Tuesday’s calm was relief, not resolution—France’s fiscal credibility problem hasn’t gone anywhere, and EUR/CAD is where the renewed pressure is now showing up most clearly on the charts.
French Bond Relief Lasts One Session The reversal is again centered on France. The French 10-year yield rose to around 4.864%, up roughly 7.8bp on the session, while the OAT-Bund spread widened back toward 137bp from around 130bp at Tuesday’s close. The relative move matters: US Treasuries, gilts and Bunds were also under pressure, but French yields were rising considerably faster.
Tuesday’s narrowing from Monday’s roughly 150bp intraday peak therefore looks more like temporary relief than a shift in the underlying story. The global bond rally helped French debt recover, but France’s fiscal position and the market’s demand for a larger risk premium did not materially change.
France’s Fiscal Credibility Remains the Core Problem The structural backdrop remains difficult. France’s budget deficit stood at 5.1% of GDP last year, while public debt had risen to 119% of GDP by the end of June. France is also subject to the EU’s excessive deficit procedure, with the bloc recommending that the deficit be brought back within agreed limits by 2029.
Borrowing costs have responded accordingly. The French 10-year yield has risen sharply this year and now trades above those of Italy and Greece, while investors increasingly demand a larger premium over German Bunds.
UBS Chief Executive Sergio Ermotti, speaking to CNBC’s Squawk On The Street on Tuesday, argued that France needs “hard measures” rather than incremental adjustments. His message was blunt: “Incremental small changes are not going to be enough to resolve the big debt pile.”
Federated Hermes’ Mitch Reznick made the market consequence equally clear, saying French debt is increasingly being priced “less like core Europe and more like the periphery.” Investors shifting toward Bunds reinforces that divergence by widening the OAT-Bund spread further.
For now, Reznick still sees direct ECB intervention as unlikely. But he noted that the central bank’s language could start to change if spreads continue to gap wider. That keeps ECB intervention as an escalation risk rather than the current base case.
Higher French Yields Are Hurting, Not Helping, the Euro The important distinction for FX is that higher French yields are being interpreted as a risk premium, not as an attractive rates advantage. That helps explain why French yields can rise while the Euro falls. Investors are demanding more compensation to hold French debt because of fiscal and political uncertainty, rather than repricing stronger Eurozone growth or a meaningfully tighter ECB outlook.
The rates channel is also turning less supportive. Expectations for future ECB tightening have moderated, while the short-end differential against the Dollar remains heavily negative. EUR/USD was trading around 1.1236 earlier Wednesday, leaving downside risks intact if renewed French stress continues to push capital toward Bunds and the Dollar.
The Euro’s move from the strongest major on Tuesday to the weakest on Wednesday captures the speed at which the temporary relief has unwound.
ActionForex’s Technical View on EUR/CAD EUR/CAD Breaks the 1.6000 Floor
EUR/CAD’s decline from 1.6269 is finally showing some conviction, with the cross breaking clearly below the 1.5998–1.6000 support zone. That area should now turn into resistance, and near-term risks will remain on the downside as long as 1.6000 holds.
The immediate test is 1.5887, the 100% projection of the decline from 1.6247 to 1.5998 measured from 1.6136. This is more than just another short-term target. A firm break of 1.5887, particularly if accompanied by renewed downside acceleration, would strengthen the bearish structure and target the 161.8% projection at 1.5732.
Daily momentum is consistent with further weakness. RSI has fallen to around 34.6, while MACD is below its signal line and remains capped beneath a descending trendline. A recovery back above 1.6000 would weaken the immediate bearish case, while a move through 1.6136 would more clearly indicate that the breakdown had failed.
Break of 1.5887 Could Turn the Decline Into a Bigger Move
The weekly chart raises the stakes. EUR/CAD is also trading below its 55-week EMA, although Friday’s close is still needed to confirm a sustained break of that support. More importantly, the developing structure suggests that the fall from 1.6269 could be the third leg of the broader decline from the 1.6465 2025 high. The first leg fell from 1.6465 to 1.5610, before a substantial rebound to 1.6269.
That makes 1.5887 the key bridge between the short-term breakdown and the medium-term bearish case. A decisive break with accelerating downside momentum would raise the probability that the larger decline from 1.6465 is resuming. Attention would then move through 1.5732 toward the pivotal 1.5610 low. A break of 1.5610 would further confirm the larger bearish structure and put the 1.5414 equality projection, based on a 100% projection of the 1.6465 to 1.5610 decline from 1.6269, into focus.
France Is the Cause, EUR/CAD Is the Expression The near-term calendar could still disturb the move. FOMC minutes are due at 18:00 GMT Wednesday, making US yields and the Dollar an immediate volatility risk. Canada’s employment report on Friday will then arrive shortly before EUR/CAD’s weekly close.
But the underlying chain remains straightforward. Tuesday’s bond rally temporarily relieved the pressure without resolving France’s fiscal credibility problem. French spreads are widening again, Euro has slipped back to the bottom of the major-currency table, and EUR/CAD has lost a support level that had held the recent range.
France is the cause, the Euro is the transmission, and EUR/CAD is where the renewed pressure is showing up.
Key Takeaways Euro flipped from the strongest to the weakest major currency within 24 hours as the OAT-Bund spread widened back to 137bp, confirming Tuesday’s calm was relief rather than resolution. France’s deficit (5.1% of GDP) and debt (119% of GDP) remain the core problem; UBS’s Ermotti says only “hard measures,” not incremental fixes, will resolve it. Higher French yields are being priced as risk premium, not rate attractiveness—which is why French yields can rise while the Euro falls. EUR/CAD has broken below the 1.5998–1.6000 support zone, with 1.5887 now the key bridge between a short-term breakdown and a bigger medium-term bearish move toward 1.5610. Wednesday’s FOMC minutes and Friday’s Canadian jobs report are near-term risks that could disturb the move, but the underlying driver remains France’s unresolved fiscal credibility problem.
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.
Akcie společnosti Watts Water Technologies během úterního obchodování překonaly 200denní klouzavý průměr na úrovni 334,68 USD a vystoupaly až na 366,19 USD.
Watts Water Technologies, Inc. (NYSE:WTS – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $334.68 and traded as high as $366.19. Watts Water Technologies shares last traded at $362.0630, with a volume of 148,087 shares traded.
Analyst Upgrades and Downgrades WTS has been the topic of a number of analyst reports. Robert W. Baird set a $405.00 price target on shares of Watts Water Technologies in a research report on Friday, August 7th. Barclays upped their target price on shares of Watts Water Technologies from $414.00 to $425.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $374.00 target price on shares of Watts Water Technologies in a report on Friday, August 7th. Royal Bank Of Canada lifted their price target on shares of Watts Water Technologies from $350.00 to $417.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Finally, KeyCorp boosted their price target on shares of Watts Water Technologies from $380.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Watts Water Technologies has an average rating of “Moderate Buy” and an average price target of $367.70.
Read Our Latest Analysis on Watts Water Technologies
Watts Water Technologies Trading Down 0.2% The company has a current ratio of 2.66, a quick ratio of 1.60 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $12.09 billion, a P/E ratio of 31.62, a PEG ratio of 3.52 and a beta of 1.15. The business has a 50 day moving average of $363.21 and a 200-day moving average of $334.68. Watts Water Technologies (NYSE:WTS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $3.66 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.32. Watts Water Technologies had a return on equity of 19.16% and a net margin of 14.34%.The company had revenue of $763.20 million for the quarter, compared to analyst estimates of $725.99 million. During the same period in the previous year, the company posted $3.09 earnings per share. The company’s quarterly revenue was up 18.6% compared to the same quarter last year. Analysts anticipate that Watts Water Technologies, Inc. will post 12.88 EPS for the current fiscal year.
Watts Water Technologies Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.52 annualized dividend and a yield of 0.7%. Watts Water Technologies’s dividend payout ratio is 22.01%.
Insider Buying and Selling In related news, Director Joseph T. Noonan sold 3,650 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $353.72, for a total value of $1,291,078.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elie Melhem sold 1,096 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $359.55, for a total transaction of $394,066.80. Following the sale, the insider directly owned 7,867 shares in the company, valued at $2,828,579.85. This trade represents a 12.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Watts Water Technologies A number of institutional investors and hedge funds have recently modified their holdings of WTS. First Trust Advisors LP increased its position in Watts Water Technologies by 6.7% during the first quarter. First Trust Advisors LP now owns 545,404 shares of the technology company’s stock worth $158,325,000 after buying an additional 34,381 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of Watts Water Technologies by 79.8% during the 1st quarter. Lazard Asset Management LLC now owns 218,832 shares of the technology company’s stock worth $63,525,000 after acquiring an additional 97,115 shares during the period. Squarepoint Ops LLC increased its holdings in shares of Watts Water Technologies by 8,421.5% during the 2nd quarter. Squarepoint Ops LLC now owns 104,815 shares of the technology company’s stock worth $41,030,000 after acquiring an additional 103,585 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Watts Water Technologies by 20,071.4% in the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 141,200 shares of the technology company’s stock valued at $40,989,000 after acquiring an additional 140,500 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Watts Water Technologies by 58.7% during the 1st quarter. Renaissance Technologies LLC now owns 135,140 shares of the technology company’s stock valued at $39,230,000 after purchasing an additional 49,960 shares during the last quarter. 95.02% of the stock is owned by institutional investors.
Watts Water Technologies Company Profile (Get Free Report)
Watts Water Technologies, Inc designs and manufactures products that help manage the safety, efficiency, and quality of water in residential, commercial, institutional, and industrial systems. Its offerings are used in plumbing, heating, water distribution, and drainage applications.
The company’s product portfolio includes backflow prevention devices, pressure regulators, safety and relief valves, water quality and conditioning equipment, leak detection products, drainage systems, and hydronic and HVAC components.
See Also Five stocks we like better than Watts Water Technologies Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Watts Water Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watts Water Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
Pershing Square chce transformovat Howard Hughes Holdings: realitní portfolio má do roku 2030 uvolnit 2,5–3 mld. USD kapitálu na expanzi pojišťovny Vantage.
Last year, Bill Ackman and his fund, Pershing Square (PS +8.89%), purchased 9 million shares of Howard Hughes Holdings (HHH +2.26%) at $100 per share, acquiring a controlling stake in the business. Today, those shares are worth about $72 each. At the end of September, Ackman laid out his case that they could be worth much more. He believes Howard Hughes could be a "compounding machine" and that the value of the business over the next 50 years could easily surpass $1 trillion.
Not everyone is buying what Ackman's selling, though. Here's why the market might be underpricing Ackman's bet.
Bill Ackman, chief executive of Pershing Square. Image source: Getty Images.
Transforming Howard Hughes Howard Hughes is seen as a real estate company. Right now, that's exactly what it is. The bulk of its assets is tied to land and developments for the master-planned communities it builds.
Ackman is aiming to transform the business. He bought Vantage Group, an insurance company, for $2.1 billion. He immediately liquidated the fixed-income holdings in the insurer's portfolio, using the excess capital on Vantage's balance sheet to invest in common stocks. That's about $1.3 billion today.
Ackman plans to free up more capital by liquidating Howard Hughes' real estate holdings, positioning it more as a real estate manager than an acquirer and developer. Meanwhile, the operating assets and finished condos on its balance sheet will start producing cash. Management expects between $2.5 billion and $3 billion in cash generated by the real estate holding by 2030. That extra capital will go into the insurance business, expanding its capacity to underwrite risk and invest more capital.
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He expects Vantage, under the leadership of former Arch Capital Group CEO Marc Grandisson, to deliver above-average underwriting results. Meanwhile, the equity portfolio, managed by Pershing Square, could produce returns in line with the fund company's historical average of 15% to 20%. The combined result is a return on equity between 16% and 22%.
There are some significant risks to the plan. First, Howard Hughes might not get as much value from its real estate assets as Ackman suggests, as interest rates have skyrocketed in recent months (lowering the value of non-income-producing real estate like land). Second, Pershing Square takes a significant fee for managing Vantage's portfolio, which will cut into Ackman's optimistic return projections.
Management estimates Howard Hughes' intrinsic value at $104 per share, which could grow to $211 by 2030. Investors are rightfully discounting those assessments based on the optimistic numbers management provided in arriving at its estimates.
However, at about $70 per share, the stock could be interesting. If it can successfully liquidate its real estate assets and show improvements in its underwriting under new management, the stock could move higher. But investors may want to wait on the sidelines to see the start of a successful transformation first.
EUR/USD se před zveřejněním zápisu z posledního zasedání Fedu drží na úrovni 1,1234; trh přisuzuje téměř 80% pravděpodobnost tomu, že říjnové sazby zůstanou beze změny.
EUR/USD stabilised at 1.1234 on Wednesday. Investors are awaiting the release of the minutes from the Federal Reserve’s latest meeting, hoping for fresh signals on the future path of monetary policy.
Comments from Fed officials also remain in focus. Following weaker-than-expected PCE inflation and labour market data, the Fed’s rhetoric has become less hawkish. Markets now put the probability of rates remaining unchanged in October at almost 80%.
Meanwhile, investors continue to monitor the bond market following the recent sell-off. Pressure on Treasuries is being compounded by concerns over persistent inflation, growing fiscal risks and significant debt issuance linked to funding AI projects.
Oil, meanwhile, is rising amid increased Iranian attacks on tankers in the Strait of Hormuz and clashes between Saudi and Houthi forces. This is adding to inflation risks and sustaining concerns that the Fed may maintain a hawkish policy stance for longer.
Technical Analysis
On the H4 chart, EUR/USD remains in a steady downtrend. Earlier, the pair staged a corrective recovery to 1.1275, after which a new downward move developed, taking the price back to the 1.1244 area. The price remains below the descending resistance line, keeping the bearish scenario intact. Local consolidation is currently forming below 1.1244. The nearest downside target is 1.1210. A close below this level would open the way for a further decline towards 1.1173 and, within the broader structure, towards 1.1129. The MACD indicator remains in negative territory: the histogram is below zero despite the local weakening of downward momentum.
On the H1 chart, the corrective move ended around 1.1275, where buyers could not push the price above local resistance. The subsequent decline took the pair back to 1.1230, confirming continued selling pressure. The Stochastic oscillator is in the oversold zone below 20, so a short-term correction is possible before the decline resumes. As long as the price remains below 1.1244–1.1275, the main scenario today is a move towards 1.1210. A break below this support would strengthen downward momentum and open the way towards 1.1173. A return above 1.1275 would temporarily invalidate this short-term scenario. Selling remains the priority while the price holds below the descending resistance line.
Conclusion EUR/USD is holding steady as markets await the Fed’s meeting minutes for further policy clues. Recent weak PCE inflation and labour market data have softened the Fed’s tone, with the probability of rates remaining unchanged in October now at nearly 80%. However, persistent inflation concerns, fiscal risks and heavy debt issuance tied to AI funding continue to pressure Treasuries, while rising oil prices amid Middle East tensions add to inflation risks. Technically, the pair remains bearish below 1.1244–1.1275, with the next downside targets at 1.1210, 1.1173 and potentially 1.1129. A short-term correction is possible given oversold conditions, but the broader trend remains downward as long as the price holds below the descending resistance line.
RoboForex Ltdhttps://www.roboforex.com/
RoboForex Ltd is a reputable financial brokerage company that has been operating since 2009. It provides reliable access to the largest financial markets with competitive conditions.
Manulife Financial Corp (NYSE:MFC – Get Free Report) (TSE:MFC)’s stock price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $40.65 and traded as high as $43.43. Manulife Financial shares last traded at $42.93, with a volume of 1,402,315 shares traded.
Wall Street Analysts Forecast Growth Several analysts have issued reports on the stock. Zacks Research upgraded shares of Manulife Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. Royal Bank Of Canada increased their target price on Manulife Financial from $55.00 to $67.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Weiss Ratings upgraded Manulife Financial from a “buy (a-)” rating to a “buy (a)” rating in a research report on Wednesday, August 19th. TD Securities reaffirmed a “buy” rating on shares of Manulife Financial in a research note on Thursday, August 6th. Finally, Scotiabank reissued an “outperform” rating on shares of Manulife Financial in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $59.00.
View Our Latest Report on Manulife Financial
Manulife Financial Trading Down 0.0% The firm has a market cap of $71.23 billion, a PE ratio of 16.02 and a beta of 0.84. The firm has a fifty day simple moving average of $43.65 and a two-hundred day simple moving average of $40.65. Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last posted its earnings results on Wednesday, August 5th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.01. Manulife Financial had a return on equity of 16.68% and a net margin of 9.99%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the previous year, the firm earned $0.95 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. Equities analysts expect that Manulife Financial Corp will post 3 earnings per share for the current fiscal year.
Manulife Financial Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, August 21st were issued a C$0.48 dividend. The ex-dividend date was Friday, August 21st. This represents a $1.94 annualized dividend and a yield of 4.5%. Manulife Financial’s dividend payout ratio is 51.49%.
Institutional Investors Weigh In On Manulife Financial Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of Nova Scotia bought a new position in Manulife Financial in the second quarter worth about $594,832,000. Canada Pension Plan Investment Board bought a new stake in shares of Manulife Financial in the 2nd quarter worth approximately $495,841,000. Legal & General Group Plc bought a new position in shares of Manulife Financial during the second quarter valued at $430,039,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Manulife Financial by 183.7% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,702,230 shares of the financial services provider’s stock valued at $402,969,000 after purchasing an additional 7,577,711 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Manulife Financial during the second quarter valued at approximately $230,451,000. 52.56% of the stock is owned by hedge funds and other institutional investors.
(Get Free Report)
Manulife Financial Corporation is a Canadian financial services company that provides insurance, wealth and asset management, retirement solutions and employee benefits. Its offerings include life and health insurance, annuities, group benefits, mutual funds, pension products and investment management services for individuals, businesses and institutional clients.
Founded in 1887 as The Manufacturers Life Insurance Company, Manulife has grown into an international organization serving customers primarily in Canada, the United States and Asia.
Recommended Stories Five stocks we like better than Manulife Financial Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Manulife Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manulife Financial and related companies with MarketBeat.com's FREE daily email newsletter.
Netskope Inc. (NASDAQ:NTSK – Get Free Report) was the recipient of unusually large options trading on Tuesday. Traders purchased 7,246 call options on the stock. This represents an increase of approximately 75% compared to the average volume of 4,152 call options.
Insiders Place Their Bets In related news, major shareholder Iconiq Strategic Partners Viii purchased 64,771 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was purchased at an average cost of $12.42 per share, with a total value of $804,455.82. Following the completion of the acquisition, the insider directly owned 916,690 shares of the company’s stock, valued at approximately $11,385,289.80. The trade was a 7.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Lightspeed Venture Partners Se sold 10,621 shares of Netskope stock in a transaction on Friday, September 11th. The shares were sold at an average price of $14.90, for a total value of $158,252.90. The disclosure for this sale is available in the SEC filing. Insiders have purchased a total of 612,798 shares of company stock worth $7,533,630 over the last 90 days. Corporate insiders own 25.52% of the company’s stock.
Institutional Trading of Netskope Several hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in shares of Netskope by 31.4% during the first quarter. Principal Financial Group Inc. now owns 2,547,468 shares of the company’s stock worth $21,628,000 after acquiring an additional 608,355 shares in the last quarter. Wasatch Advisors LP purchased a new stake in Netskope during the second quarter valued at about $25,107,000. Capital Research Global Investors boosted its position in Netskope by 7.7% during the fourth quarter. Capital Research Global Investors now owns 2,261,418 shares of the company’s stock valued at $39,665,000 after buying an additional 161,418 shares during the period. Weiss Asset Management LP bought a new position in shares of Netskope during the first quarter valued at about $8,957,000. Finally, New York Life Insurance Co. purchased a new position in shares of Netskope in the second quarter worth about $11,325,580.
Key Netskope News Here are the key news stories impacting Netskope this week: Positive Sentiment: BTIG upgraded Netskope to Buy and raised its price target from $18 to $22, citing rising demand for the company’s cloud and cybersecurity offerings ahead of its third-quarter results. The new target implies additional upside from recent trading levels. Netskope Stock Gets Price Target Increase from BTIG Research Positive Sentiment: BTIG said Netskope, Palo Alto Networks and Cloudflare are experiencing rising demand ahead of earnings, supporting expectations for continued growth in cloud security and networking. Palo Alto, Cloudflare, Netskope experience rising demand ahead of Q3 earnings Positive Sentiment: The company unveiled AgentSkope Marketplace, a centralized console for security and network teams to discover, deploy and manage AI agents. The launch strengthens Netskope’s positioning in the growing AI-security market, although financial contribution has not yet been disclosed. Netskope Unveils AgentSkope Marketplace Positive Sentiment: Options activity was unusually strong, with traders purchasing 7,246 call contracts—about 75% above average—signaling increased short-term bullish interest in NTSK. Neutral Sentiment: Netskope has already experienced a powerful rally, and the $22 BTIG target offers relatively modest upside from recent levels. Investors may therefore focus heavily on upcoming earnings and forward guidance to justify the valuation. Netskope: After a Furious Rally, Still Positioned for Further Gains Netskope Stock Up 6.6% NTSK stock opened at $19.64 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 2.00 and a debt-to-equity ratio of 4.45. The company’s 50 day moving average is $15.57 and its 200 day moving average is $12.30. The stock has a market cap of $8.02 billion and a price-to-earnings ratio of -7.70. Netskope has a 1-year low of $7.66 and a 1-year high of $24.98.
Netskope (NASDAQ:NTSK – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.23. Netskope had a negative net margin of 91.84% and a negative return on equity of 83.84%. The business had revenue of $220.54 million during the quarter. Netskope has set its FY 2027 guidance at -0.150–0.150 EPS and its Q3 2027 guidance at -0.040–0.030 EPS. Sell-side analysts predict that Netskope will post -0.82 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth NTSK has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Netskope from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. BTIG Research increased their target price on shares of Netskope from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday. Wells Fargo & Company raised their price target on shares of Netskope from $13.00 to $17.00 and gave the company an “overweight” rating in a report on Monday, August 17th. KeyCorp boosted their price target on shares of Netskope from $16.00 to $17.50 and gave the company an “overweight” rating in a research report on Friday, August 21st. Finally, Stephens initiated coverage on shares of Netskope in a report on Monday, September 14th. They issued an “overweight” rating and a $21.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Netskope presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.32.
Get Our Latest Stock Report on NTSK
Netskope Company Profile (Get Free Report)
Netskope, Inc is a cloud security company that provides technology for protecting data, users, applications and networks in modern digital environments. Its platform is designed to help organizations secure access to cloud services, web applications, private applications and other internet-connected resources while supporting distributed workforces and hybrid IT infrastructures.
The company’s products include cloud access security broker (CASB) capabilities, secure web gateway services, zero trust network access, data loss prevention, cloud firewall functionality and security analytics.
See Also Five stocks we like better than Netskope Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators Receive News & Ratings for Netskope Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netskope and related companies with MarketBeat.com's FREE daily email newsletter.
Alphabet nakoupí od společnosti Constellation Energy v rámci dlouhodobých smluv na 15 a 20 let 3,59 GW elektřiny, z toho nejméně 890 MW z jaderných zdrojů.
In a massive power generation deal agreed between two titans in their industries, Constellation Energy (CEG +12.25%) and Alphabet (GOOG +0.22%)(GOOGL +0.35%) have signed a pair of related long-term power purchase agreements (PPAs).
Alphabet, the parent company of eternal online search king Google, will buy 3.59 gigawatts of electricity from Constellation, the largest clean energy producer in the U.S. Of this, at least 890 megawatts will come from Constellation's nuclear assets.
This pact is already a huge boon to Constellation -- whose stock justifiably zoomed 12% higher on Tuesday following the announcement; however, we probably can't say the same for the wider nuclear industry. Let's dig into the deal to see why.
Image source: Getty Images.
Thirst for powerThe electricity will be consumed by Google, which, like many deep-pocketed and ambitious tech companies, is aiming to expand its network of artificial intelligence (AI) data centers. It's willing and able to fund a clutch of these projects with significantly increased capital expenditures (of almost $45 billion in the last reported quarter). Most of this spending is devoted to AI and advanced data center construction.
In its announcement of the deal, Constellation did not specify how much Alphabet/Google will pay for the 3.59 gigawatts of power, an immense amount by any standard. It did specify that 890 megawatts -- almost 25% of the total -- would be produced by the utility company's nuclear fleet (which, by the way, is by far the largest in this country with 21 reactors). The remainder is to be channeled through the PJM wholesale market, within which Constellation is the largest single power producer. As several of the company's nuclear plants supply PJM, it's likely the Google facilities will draw much more than that 890 megawatts from such sources.
The nuclear-exclusive part of the deal has a 20-year term. The additional 2.7 gigawatts is covered under a 15-year PPA.
Alphabet/Google isn't only getting power juice in the arrangement with Constellation. The latter company has committed to implementing Google Cloud and Alphabet's Gemini Enterprise AI solution as part of a five-year "technology alliance" to bolster its operations.
"For communities served by Constellation Energy, the aim is to use AI to reduce the costs of new infrastructure, improve performance, ensure enough power is generated to meet rising demand, and safeguard the energy grid they rely on," the electricity company wrote.
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The new age of nuclearNuclear power has enjoyed quite the resurgence in the U.S. recently, thanks largely to AI. The technology is a resource hog, requiring vast amounts of power to support the heavy computing it performs. Nuclear proponents argue that it’s the only form of energy, not to mention the sole green energy, which can service that kind of demand.
With this deal, Constellation will have plenty of coin to modernize and expand the capacity (or "uprate" in industry-speak) of its already considerable fleet -- it wrote in the press release that it'll devote a whopping $4.3 billion-plus to that purpose. Although we don’t know how much Alphabet/Google is spending on all that Constellation electricity, the amount is obviously considerable if over $4 billion from it can be allocated to plant improvements.
So, in the end, this deal pushes Constellation even higher up the ladder of both nuclear and clean-energy power producers. After all, existing and active nuclear plants in this country operate at nearly full capacity, so a meaningful expansion of the power supply would require physical engineering uprates or new builds. And with fleets that are notably smaller than Constellation's, there's only so much capacity expansion possible, even with a generous infusion of capital.
While small modular reactor (SMR) technology holds much promise, these facilities take time (and, of course, plenty of capital) to build and deploy. Some projects are in advanced stages of development, but the earliest operational targets are in 2028.
Ultimately, I'd consider this deal a monster win for Constellation. However, this assumes that collaboration with Alphabet/Google goes smoothly; that's never a guarantee in the nuclear industry, which is subject to execution risks such as regulatory hiccups, cost overruns, construction delays, and other constraints.
Microsoft (MSFT +0.78%) has made money for shareholders in both of the past two years. It just hasn't kept up with the market. Including reinvested dividends, the shares gained around 13% in 2024 and about 16% in 2025. The S&P 500 (^GSPC +0.58%) returned about 25% and 18% on the same basis.
This year looks similar so far. Shares trade near $525 as of this writing, for a 2026 total return of about 9%, versus about 15% for the index. And that's even after the stock gained almost 50% from its late-June close of about $353.
If Microsoft finishes 2026 behind, it'd be a third straight year of trailing the index. It's happened just twice since the software giant went public in 1986 -- from 2003 through 2005, and from 2010 through 2012.
Both streaks eventually ended. But the year after each one looked very different.
Image source: The Motley Fool.
Microsoft has been here twiceI'm using total return for every year here, because it counts dividends. This matters for Microsoft, which announced a one-time special dividend of $3 a share (around $32 billion) in 2004. A price-only comparison would treat that cash as if shareholders never got it.
The first streak was costly. From the start of 2003 through the end of 2005, Microsoft returned around 15% all told, but the index returned about 50%.
And 2006 didn't bring the rebound some shareholders might have hoped for. Microsoft and the index both returned around 16% that year, practically a tie. Microsoft didn't move clearly ahead until 2007, when it returned about 21% in a year the index returned about 5%.
The second streak was worse. From 2010 through 2012, Microsoft shareholders lost around 6%, but the index gained about 36%.
Then the stock soared, returning about 44% in 2013 versus the index's 32%. This was also the year CEO Steve Ballmer announced he'd retire within 12 months.
Why was the second rebound so much bigger?One difference stands out to me: the price investors were paying for Microsoft's earnings when each streak ended.
At the end of 2005, the stock closed at around $26, or about 23 times earnings, based on the $1.12 per share Microsoft earned in fiscal 2005. Revenue had risen 8% that fiscal year.
Seven years later, Microsoft closed 2012 at around $27 -- almost the same price. But it cost much less relative to profits.
Fiscal 2012 earnings per share came in at $2.00, putting the stock at around 13 times earnings, and that number included a $6.2 billion goodwill impairment charge. Microsoft's non-GAAP (adjusted) number, which leaves out the charge and a revenue deferral, was $2.78 per share. By that measure, the stock cost under 10 times earnings.
Sure, two cases don't make a rule. But the streak that ended with the cheaper stock was followed by the much bigger year. Put another way, the starting price might have mattered more than the streak itself.
Microsoft's earnings have outrun its stockThis streak hasn't come from a slumping company. Earnings per share rose from $11.80 in fiscal 2024 to $13.64 in fiscal 2025 and $17.95 in fiscal 2026 (the 12 months ended June 30, 2026). That latest gain of 32% was helped by Microsoft's OpenAI investment. Excluding it, adjusted earnings per share still grew 22%.
With profits climbing faster than the stock price, the valuation has fallen. Microsoft closed 2024 at around 36 times fiscal 2024 earnings and finished 2025 near 35 times fiscal 2025 earnings. Now, it costs about 29 times fiscal 2026 earnings.
The business is also growing faster than it was at the end of each past streak. Revenue rose 18% in fiscal 2026, to $331.8 billion, which is over double fiscal 2005's growth rate.
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But 29 times earnings is a steeper price than Microsoft had at the end of 2005 or 2012 -- around three times the 2012 level on an adjusted basis.
Ultimately, a lagging streak hasn't been a good reason to give up on Microsoft stock before. Each time, the next year tied or beat the index, and after the second streak, it beat the market by a big margin.
But 2013 started with a stock that cost under 10 times adjusted earnings. Today's starting price-to-earnings ratio is far higher. For Microsoft to catch up with the index this time, I think earnings will probably need to keep growing near their recent rate, because the valuation might have less room to rise.
That looks like a reasonable bet on a company growing this fast, so the streak wouldn't lead me to sell. I just wouldn't call the stock the sort of bargain it was at the end of 2012.
Nvidia čelí sporům s bankami ohledně životnosti GPU: společnost uvádí až 10 let, zatímco bankéři odhadují tři až čtyři roky, což komplikuje financování AI datových center v hodnotě až 500 miliard USD.
Back in August, Nvidia (NVDA +0.14%) announced a partnership with six Wall Street asset managers to provide financing for AI infrastructure build-outs. The effort aims to provide up to $500 billion to companies that build data centers and install Nvidia's GPUs in them.
Here's the key to those deals, though: The GPUs themselves act as collateral on the loans. That means the value of the GPUs is one of the main considerations for lending decisions.
An extra $500 billion in easy-to-access capital would be a boon for companies that are heavily reliant on debt to build new data centers. Neocloud companies like CoreWeave (CRWV +4.96%) and Nebius (NBIS +7.44%) are highly leveraged, and making huge bets that the AI compute shortage will continue for some time. Nvidia, meanwhile, benefits from its customers having more capital in their hands to put toward the data center build-out.
But Nvidia is facing some major pushback from its financing partners on Wall Street, and it all centers around how much of their value its GPUs retain over time. The answer to that question could reverberate throughout the entire industry.
Image source: Nvidia.
A big mismatch between Nvidia and the banks At the center of the controversy is just how long an Nvidia GPU's useful life is. Nvidia says it could be a decade; Wall Street bankers say it's more like three to four years, according to a Reuters report.
Nvidia published a blog post in response to the Reuters article. At the center of its argument was the question of how hyperscalers have changed their depreciation schedules for server and networking equipment over the last few years. It showed that Alphabet, Microsoft, Amazon, and Meta Platforms have extended the depreciation life of their hardware from three or four years to five or six years.
Also working in Nvidia's favor are recent pricing changes from CoreWeave and Nebius. CoreWeave announced that it "continued to contract new compute capacity at higher prices," signing new customer contracts at an annualized rate of $40 million per megawatt in September. Nebius, meanwhile, just raised prices across the board for hourly compute rentals by 17% to 21% for various Nvidia GPUs, including four-year-old chips.
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Nonetheless, at the end of the day, the banks are the ones putting up the capital, so they hold all the cards. The challenge is that it's truly impossible to know yet whether the way AI data centers function has created a structural change in the useful life of an Nvidia GPU. It's just too early to tell. Whether the banks are right or not will have a huge impact on some of the most popular AI stocks in the market.
How it could impact the major AI stocks If the banks want better guarantees, Nvidia or its customers will have to provide them. The Reuters article indicates there are already tens of billions of dollars in loans in the pipeline with stronger guarantees than were originally outlined in Nvidia's August announcement. Those guarantees could come from Nvidia itself, which would require it to maintain capital reserves, or from the revenue streams of investment-grade technology companies such as Microsoft, Alphabet, Amazon, or Meta Platforms.
Nvidia is reportedly in talks with insurance companies to hand off some of the financing risk tied to these loans in case a borrower defaults and the value of the GPUs fails to cover the debt. That could add to the cost of Nvidia's financing plans, however. The coverage is specifically aimed at neocloud companies like CoreWeave and Nebius.
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It's important to note that if a neocloud defaults, it will likely be in part because the Nvidia GPUs powering its data centers aren't worth as much as originally anticipated. The counterargument to the fact that neoclouds are raising prices is that we're currently in the midst of a severe shortage of AI compute. That has pushed prices higher for what's essentially a commodity product. When the market reaches equilibrium, prices for compute will begin to decline.
In other words, today's higher prices aren't a reflection of the increased durability of Nvidia GPUs, but rather a reflection of AI developers' desperation to get their hands on any available compute.
The hyperscalers don't carry nearly as much risk, but if AI chips' useful lives prove shorter than expected, it will negatively impact their return on invested capital. The good news is that Amazon reports it will break even on its AI accelerator chips within three years, and Alphabet says its breakeven time is just two years.
These days, both hyperscalers are installing more of their own custom AI accelerators than Nvidia GPUs, and those application-specific chips have even shorter payback periods. While GPUs can still generate positive returns on investment, they might not be the massive returns currently projected.
SummaryPayPal remains undervalued at ~9x forward earnings, despite a failed $60.50/share takeover bid and ongoing business headwinds.I maintain a Buy rating with a 12-month price target of $66, emphasizing robust buybacks, stable free cash flow, and a falling share count.Venmo's 20% projected 2025 revenue growth and Braintree's improving profitability offer upside beyond the challenged branded checkout segment.Risks include further branded checkout share loss and execution uncertainty, but current valuation already discounts a weak scenario, supporting a favorable risk/reward. JasonDoiy/iStock Unreleased via Getty Images
PayPal (PYPL) lost its takeover bid, but I think the shares still offer value; Stripe and Advent International offered $60.50 per share in mid-July, then withdrew their offer on August 27 after
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Shares of Illinois Tool Works Inc. (NYSE:ITW – Get Free Report) have been assigned an average rating of “Reduce” from the thirteen brokerages that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $282.00.
Several analysts recently commented on ITW shares. Truist Financial cut their price objective on Illinois Tool Works from $308.00 to $297.00 and set a “hold” rating for the company in a report on Monday. Robert W. Baird increased their target price on Illinois Tool Works from $278.00 to $297.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price target on Illinois Tool Works from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Illinois Tool Works from $287.00 to $281.00 and set a “hold” rating on the stock in a report on Wednesday, September 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Illinois Tool Works in a report on Monday, July 13th.
Get Our Latest Report on ITW
ITW opened at $266.94 on Wednesday. Illinois Tool Works has a twelve month low of $238.82 and a twelve month high of $303.15. The company has a quick ratio of 0.81, a current ratio of 1.11 and a debt-to-equity ratio of 2.26. The firm has a 50 day moving average price of $277.56 and a 200-day moving average price of $268.15. The stock has a market capitalization of $76.03 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 2.85 and a beta of 0.96. Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.80 by $0.04. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.19 billion. Illinois Tool Works had a net margin of 19.39% and a return on equity of 101.72%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.58 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. Equities research analysts forecast that Illinois Tool Works will post 11.44 earnings per share for the current year.
Illinois Tool Works Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be paid a $1.72 dividend. This is a positive change from Illinois Tool Works’s previous quarterly dividend of $1.61. The ex-dividend date is Wednesday, September 30th. This represents a $6.88 annualized dividend and a dividend yield of 2.6%. Illinois Tool Works’s dividend payout ratio (DPR) is currently 62.38%.
Insiders Place Their Bets In other Illinois Tool Works news, CAO Matteo C. Pigozzo sold 277 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $289.22, for a total value of $80,113.94. Following the completion of the sale, the chief accounting officer owned 3,394 shares in the company, valued at $981,612.68. This represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Ernest Santi sold 41,431 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $287.09, for a total value of $11,894,425.79. Following the completion of the transaction, the director directly owned 266,288 shares in the company, valued at $76,448,621.92. This trade represents a 13.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Illinois Tool Works Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Winnow Wealth LLC grew its holdings in shares of Illinois Tool Works by 1.0% during the fourth quarter. Winnow Wealth LLC now owns 3,809 shares of the industrial products company’s stock worth $941,000 after buying an additional 37 shares in the last quarter. Crown Wealth Group LLC grew its stake in Illinois Tool Works by 4.0% during the 1st quarter. Crown Wealth Group LLC now owns 953 shares of the industrial products company’s stock valued at $248,000 after acquiring an additional 37 shares in the last quarter. Argos Wealth Advisors LLC lifted its stake in Illinois Tool Works by 2.6% in the 1st quarter. Argos Wealth Advisors LLC now owns 1,526 shares of the industrial products company’s stock worth $397,000 after purchasing an additional 39 shares in the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Illinois Tool Works by 21.5% during the 2nd quarter. JFS Wealth Advisors LLC now owns 226 shares of the industrial products company’s stock worth $61,000 after purchasing an additional 40 shares during the last quarter. Finally, North Star Investment Management Corp. increased its holdings in shares of Illinois Tool Works by 0.5% in the first quarter. North Star Investment Management Corp. now owns 8,191 shares of the industrial products company’s stock valued at $2,132,000 after purchasing an additional 44 shares during the last quarter. 79.77% of the stock is owned by hedge funds and other institutional investors.
About Illinois Tool Works (Get Free Report)
Illinois Tool Works Inc (NYSE: ITW) is a diversified industrial manufacturer that develops and produces engineered products and systems for customers worldwide. The company serves a broad range of end markets, including automotive, construction, food service, welding, electronics, and general industry.
ITW’s product portfolio includes automotive components and fasteners, commercial food equipment, welding equipment and consumables, test and measurement instruments, electronic components, polymers and fluids, construction fastening systems, and other specialized industrial products.
Recommended Stories Five stocks we like better than Illinois Tool Works Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI Lamb Weston’s Turnaround Is Starting to Look Real These 3 Stocks Got the Most Love From Analysts in September Record French Debt Could Create Opportunities for U.S. Market Operators
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Spotify rozšiřuje nabídku audioknih na více než 180 trzích, čímž ji zpřístupní více než 750 milionům uživatelů. Nabídka zahrnuje více než 350 000 titulů ve více než 120 jazycích.
Spotify announced on Wednesday that it’s expanding audiobook access to over 180 markets worldwide, including regions across Europe, the Americas, the Caribbean, the Middle East, Africa, and Asia. The rollout is starting today and will continue over the coming months. With this move, more than 750 million users will be able to access audiobooks, allowing Spotify to better compete with both music streaming providers and audiobook apps like Audible.
Before this, audiobooks were available primarily in English-speaking markets like the U.S., U.K., Ireland, Australia, and New Zealand, as well as in Germany.
The audio platform said it has more than 350,000 titles for its new markets and has increased its collection to include over 120 languages. With its launch in Spain, users in the country will have access to over 45,000 titles in Spanish.
Spotify is working with more than 300 publishers worldwide, including Planeta and Mondadori, to increase the number of titles available in different markets.
With a Premium subscription, users can listen to 12 hours of audiobooks in eligible countries such as Brazil, Mexico, Colombia, Poland, Chile, Norway, and Peru. People across the world can also purchase an Audiobook+ standalone subscription to get access to titles with a 15-hour allowance. Alternatively, users can buy individual titles directly.
Spotify is also adding an Audiobook+ add-on for student plans in select regions in November. The company said that since its launch last year, Audiobook+ has gained over 1 million subscribers and has fetched over 100 million in annual recurring revenue for the platform.
In February, the company launched a “Page Match” feature, which lets users scan a page of a physical book and find the corresponding point in the audiobook to listen to. Since the launch, 1 million people have been using the feature monthly, the company noted.
Spotify said that over the last year, monthly listeners of audiobooks grew by 40% and listening hours increased by 30%.
This year, the company introduced Audiobook Charts to let people discover popular titles. It also launched an AI-powered tool for authors to turn their books into audiobooks using models from ElevenLabs. Plus, Spotify started experimenting with physical sales of books through its audiobook platform in select markets like the U.S. and the U.K.
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Dell AI Data Platform, the data foundation of the Dell AI Factory, expands with new data orchestration and storage capabilities
Unified Semantic Layer and Enterprise Knowledge Graph give every application and agent the same trusted view of enterprise data Dell AI Data Platform shortens the wait between question and insight with accelerated data processing that processes data nearly 4 times faster on average than CPUs alone Dell AI Data Platform storage enhancements improve security and benchmark performance New AI-ready data services move organizations from deployment to production quickly and reliably ROUND ROCK, Texas--(BUSINESS WIRE)--Dell Technologies (NYSE: DELL) expands the Dell AI Data Platform so AI systems deliver better answers, cost less to run and reach production faster, giving applications and agents trusted, current context from a company's own data.
Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies: "Data without context is just noise. Most enterprises have spent years making their data accessible. That's not the same as making it usable."
Share Why it matters
In most cases the model isn't the bottleneck to achieving enterprise scale for AI. The data is. A company's most useful information sits in files, databases, cloud services and systems across multiple sites. Most of it was created long before anyone expected an AI agent to read it. It was never labeled, connected or organized with a machine reader in mind. As a result, agents burn tokens reconstructing answers that should already exist. Every query means more steps, more compute, more cost and slower, less trustworthy results.
Giving data meaning and context
The Dell AI Data Platform is built end to end, from where data is stored to where agents use it. Storage moves critical data to accelerated compute without bottlenecks; orchestration connects and prepares it; analytics and search transform and index it. NVIDIA Nemotron Retriever models enable document parsing, embedding and reranking. NVIDIA cuVS accelerates vector indexing and search. Because every layer runs on one platform, everything it produces traces back to governed data the customer already owns. Agents return to the same documents, history and decisions repeatedly, and most systems rebuild their understanding from scratch every time. That means answering the same two questions on every request: what does this term mean and how does it relate to everything else? Dell is extending the Dell AI Data Platform with three new features to answer both at once.
The Unified Semantic Layer gives structured and unstructured information consistent business meaning with rules, definitions and a searchable glossary, so a term means the same thing everywhere it appears. If one system calls it a client and another calls it an account, AI now knows they're the same thing. Users can also import existing ontologies and classification taxonomies, reusing industry-standard or enterprise-specific taxonomy assets. Dell is also enabling NVIDIA Auto-Ontology, an open-source library that builds knowledge graphs from enterprise data, to extend the Unified Semantic Layer. The Enterprise Knowledge Graph maps how structured and unstructured data is related, so an application or an agent can find the right context. It uses metadata, lineage and query history to keep tuning the graph as activity changes. When an agent asks a question, the platform pulls in every related piece it's allowed to see: the right tables, data products, multimodal data and vector indexes, wherever they live. For instance, a manufacturer chasing a production line problem can trace one odd sensor reading to the machine, its repair history, the supplier batch and the orders at risk. Knowledge Agents put that context to work. Each one acts as a trusted advisor on a single topic, grounded in a defined slice of the Enterprise Knowledge Graph. Customers set the rules: what guidance it follows, what data it can see, what quality bar it must clear and how much it's allowed to spend. NVIDIA Nemotron Retriever models provide reasoning and visual understanding to Knowledge Agents. The Unified Semantic Layer, Knowledge Graph and Knowledge Agents hold a customer's most valuable and sensitive information, so they stay inside the platform in the customer's data center. The platform builds context from that data, keeps it current as the business changes and shares it across every application and agent, without locking customers into any single model, data or storage provider.
Acceleration and security built into the data path
Business context is only reliable if data is accurate, current and governed from source to application. Customers should not have to adopt another proprietary layer to accelerate different parts of their data environment. Dell brings acceleration into the data engines themselves, working with NVIDIA across the data path. Data must be transformed and analyzed, then reach accelerated compute fast enough to keep GPUs saturated and stay protected along the way. Dell data and storage advancements include:
cuDF accelerated data processing with Apache Arrow: New testing shows that the Dell Data Processing Engine, powered by NVIDIA cuDF on NVIDIA RTX PRO 4500 Blackwell Server Edition GPUs, processes data nearly 4 times faster on average than CPUs alone across a range of workloads, and up to 20 times faster on batch processing workloads.¹ Apache Arrow moves data efficiently between Dell storage and processing, so jobs can query data in place. This can reduce data-preparation time and shorten the path from raw enterprise information to trusted context. Expanded multitenancy and security: Dell PowerScale now supports up to 500 tenants in a single cluster, with mTLS over NFS to encrypt and authenticate file traffic and more granular role-based access control for managing each tenant. AI service providers and enterprises running shared AI platforms can serve more teams and customers from one cluster while keeping each tenant's data isolated and secure. Benchmark workload performance: The new Dell Storage Performance Tool helps customers confidently size AI infrastructure, compare vendor solutions and keep GPUs fed by testing the performance of their S3-compatible object storage across training, inference and checkpointing. Expertise to get to production
Dell is expanding Dell AI Data Platform implementation services across its data and storage engines to move organizations from deployment to production results quickly and reliably. Dell Services establish a production-ready foundation, activating the platform’s analytics, processing, search and orchestration capabilities while keeping the platform tuned to the demands of AI workloads.
Perspectives
Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies:
“Data without context is just noise. Most enterprises have spent years making their data accessible. That's not the same as making it usable. An agent that can find a customer record but doesn't know what it means, how it connects to everything else, or whether it can be trusted isn't intelligent. It’s just fast. The companies that solve it won't just deploy AI faster or run more agents. They'll get more out of the data they already have.”
Jason Hardy, vice president of storage technology, NVIDIA:
“AI agents are only as effective as the data they can access, understand, and trust, and NVIDIA accelerated computing and AI software help turn governed data into AI-ready context. By bringing NVIDIA cuDF acceleration directly into the Dell Data Processing Engine, Dell helps shorten the path from stored data to GPU-accelerated AI-ready data their agents can use to drive real world innovation.”
Availability
The Unified Semantic Layer, Enterprise Knowledge Graph and Knowledge Agents will be released in 1H 2027. Dell Data Processing Engine enhancements with the NVIDIA acceleration stack will be available in December 2026, with further acceleration using Apache Arrow expected 1H 2027. Dell PowerScale security and multitenancy enhancements will be available in November 2026. The Dell Storage Performance Tool is available now. AI-ready data services are available now. Additional resources
Blog: Getting Enterprise AI into Production Starts with Context Connect with Dell on X and LinkedIn 1. Based on Dell internal testing in September 2026 comparing GPU-accelerated and CPU-only Apache Spark runs across diverse data processing workloads on a Dell PowerEdge R770 with NVIDIA RTX PRO 4500 Blackwell Server Edition GPUs. Results showed a 3.9x average speedup and a 20.4x peak speedup on a batch processing (data mining) workload. The numbers are from default configurations without any performance tuning to the engine or infrastructure. Actual results may vary.
About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.
Carvana rozšíří v areálu ADESA Orlando kapacity pro kontrolu a renovaci vozů, čímž postupně vytvoří přibližně 100 pracovních míst a umožní doručování vozů ve střední Floridě ještě tentýž den.
Integrating operations creates approximately 100 new jobs; boosts same-day delivery selection for Central Florida customers
ORLANDO, Fla.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Orlando wholesale auction site in Sanford, Fla. The integration adds reconditioning capacity and a new inventory pool to Carvana's network that builds selection for retail customers nationwide, brings more vehicles eligible for same-day delivery to Central Florida car buyers, and provides a more robust offering for local wholesale customers.
“Bringing IRC capabilities to ADESA Orlando will expand our reconditioning capacity and help us deliver greater selection and faster delivery to customers across Florida,” said Brian Boyd, Senior Vice President of Inventory at Carvana. “We’re excited to grow our local team and enhance our offering for retail and wholesale customers as we bring new capabilities to the site.”
Carvana has already begun hiring local team members to support this move and expects the integration to create about 100 new good-paying, skilled and entry-level jobs in inspection, reconditioning, and vehicle fulfillment over time. These roles require no college degree and come with comprehensive benefits. Candidates can browse open positions and apply here.
“Carvana’s continued investment in Sanford is creating new opportunities for Seminole County residents and supporting our local economy,” said Florida Senate President Pro Tempore Jason Brodeur. “The addition of approximately 100 jobs across a range of skill and experience levels builds on the company’s presence in our community and creates more pathways for Floridians to grow their careers.”
ADESA Orlando has served wholesale auto auction customers for over 30 years. Now the facility will also house the teams and tools that drive Carvana retail reconditioning and fulfillment. The approximately 65-acre site includes over 3,000 parking spaces and offers significant infrastructure to support IRC operations alongside ongoing wholesale auction activities.
The integration will establish a new pool of local retail inventory, giving customers access to a broader selection of vehicles with delivery options available as soon as the same day. Wholesale buyers will benefit from enhanced on-site inspection and reconditioning capabilities, as well as ongoing access to ADESA's in-lane and digital auction services.
Carvana's proprietary software platform, CARLI, will power the site's transition to an IRC-enabled facility, supporting operational efficiency and consistency across its national reconditioning network.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," similar expressions, and the negatives thereof. Forward-looking statements reflect Carvana’s current expectations and projections, and include all statements that are not historical facts, including expectations regarding the expected integration of IRC capabilities at ADESA Orlando and the anticipated benefits therefrom, our strategy, forecasted results, potential infrastructure capacity utilization, efficiency gains, the expected capabilities and performance of Carvana’s CARLI platform, future staffing needs and hiring plans, and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: Carvana's ability to successfully integrate IRC capabilities at the ADESA Orlando site on anticipated timelines and budgets and to realize the expected benefits thereof; Carvana's ability to utilize its available infrastructure capacity; the ability to attract, hire, train, and retain qualified personnel; the larger automotive ecosystem, including consumer demand, global supply chain challenges, vehicle pricing, and other macroeconomic issues (including with respect to the impact of tariffs on our business); our ability to effectively manage our rapid growth and maintain customer service quality, reputational integrity, and brand recognition; seasonal and other fluctuations in our operating results; our relationship with DriveTime and its affiliates; our highly competitive industry; our use of artificial intelligence; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.
About Carvana
Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.
For more information, please visit Carvana.com.
About ADESA
ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.
Ballard dodá Siemens Mobility 24 palivových článků o celkovém výkonu 4,8 MW pro 12 vodíkových vlaků Mireo Plus H, které budou tvořit první rumunskou flotilu vodíkových vlaků.
Ballard Secures 4.8MW Order from Siemens Mobility to Power Hydrogen Trains in RomaniaPR Newswire
VANCOUVER, BC, Oct. 6, 2026
24 FCrail™ fuel cell modules will power 12 Mireo Plus H trains, Romania's first hydrogen fleet and the platform's largest deployment to date.
, /PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for 24 x FCrail™ 200 kW fuel cell modules from Siemens Mobility GmbH ("Siemens Mobility"; www.mobility.siemens.com), a leader in rail automation and electrification.
The order, totaling 4.8 MW, is expected to power 12 Mireo Plus H hydrogen passenger trains for Romania's Railway Reform Authority (ARF). This represents the largest commercial deployment of the Mireo Plus H platform to date, the first outside of Germany, as well as the first fleet of Mireo trains in Eastern Europe. Fuel cell engine deliveries are scheduled for 2027 and 2028, with the fleet expected to enter passenger service in 2029.
This order deepens the long-standing collaboration between Ballard and Siemens Mobility, building on a multi-year supply commitment established in 2022. As Siemens Mobility expands its hydrogen rail fleet, this new order leverages the proven success of earlier Mireo Plus H deployments in Germany, reflecting the trusted performance and reliability of Ballard's fuel cell technology in the demanding rail sector.
"We are grateful for our partnership with Siemens Mobility and their passionate commitment to expanding zero-emission rail technology across Europe. Together, we are innovating and delivering clean transport solutions that are leading the industry. This order is the largest deployment of the Mireo Plus H fleet and we are proud to work side by side with Siemens Mobility to deliver the future - today." Marty Neese, CEO, Ballard Power Systems
"With this order, we will introduce our proven and trusted Mireo trains as well as hydrogen- powered rail transport to Eastern Europe. The 12 Mireo Plus H trains will make up Romania's first hydrogen-powered train fleet, based on our reliable Mireo platform and the successful deployment of this technology in Germany," said Thomas Graetz, Head of Regional and Commuter Rail at Siemens Mobility.
Trains powered by Ballard fuel cells offer safe and reliable zero-emission operations, including long range, fast refueling and flexible operation across a wide variety of routes and environmental conditions, acting as a 1:1 replacement of diesel engines on non-electrified rail lines.
About Ballard
Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) is a global leader in zero-emission hydrogen energy solutions and an integrated Energy-as-a-Service (EaaS) provider. Together, with its wholly owned subsidiary, GeoPura Ltd., Ballard delivers turnkey, vertically integrated hydrogen ecosystem solutions spanning hydrogen production, logistics, refuelling, zero-emission fuel cell engines, and stationary Hydrogen Power Units.
Ballard powers critical off-grid, stationary applications - including construction, events, film sets, healthcare, defense, temporary power infrastructure, and supplies fuel cell engines for heavy-duty mobility applications such as bus, rail, and marine. With an EaaS model, combined with cutting-edge technology across the hydrogen value chain, Ballard decarbonizes mission-critical operations worldwide. To learn more about Ballard, visit www.ballard.com.
This release contains forward-looking statements concerning anticipated product and service attributes, product deliveries, and deployments. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.
These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward-looking statements, other than as required under applicable legislation.
Further Information
Sumit Kundu – Investor Relations, +1.604.360.3517 or [email protected]
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Skupina M2C uzavřela smlouvu se společností ARENA BRNO na poskytování komplexních služeb integrovaného facility managementu v nové multifunkční hale T ARENA v Brně. Odhadovaná roční hodnota kontraktu činí přibližně 43,2 mil. Kč, za celé čtyřleté období pak zhruba 173,0 mil. Kč.
Skupina bude v areálu zajišťovat fyzickou ostrahu a event security, vnitřní i venkovní úklid, technickou správu a údržbu budovy, havarijní pohotovost a technicko-logistickou podporu provozu haly.
Ostraha a úklid budou zahájeny 26. října, technická správa a údržba budovy na základě výzvy objednatele. Vzhledem k zahájení služeb ve čtvrtém čtvrtletí se kontrakt do letošního hospodaření skupiny promítne jen částečně, plný roční efekt se projeví od roku 2027.
Odhadovaná hodnota kontraktu zahrnuje fixní cenu za kontinuální poskytování služeb a předpokládaný objem služeb souvisejících s jednotlivými akcemi. Smlouva zároveň obsahuje mechanismus každoroční valorizace jednotkových sazeb podle vývoje minimální mzdy a inflace.
Smlouva byla uzavřena na čtyři roky. Po uplynutí 12 měsíců od její účinnosti ji však může každá ze smluvních stran vypovědět i bez uvedení důvodu se šestiměsíční výpovědní dobou.
Akcie M2C Akcie M2C (BAAMACIN) se na pražské burze obchodují za 127 Kč, na RM-SYSTÉMu za 122,5 Kč.
GBP/USD může čelit tlaku, pokud zápis z jednání Fedu posílí očekávání prosincového zvýšení úrokových sazeb v USA; opatrnost před projevy představitelů BoE může libru omezit.
The Pound-Dollar rate could come under pressure if Fed minutes reinforce December hike expectations, while caution ahead of BoE speeches may cap Sterling. The Pound US Dollar (GBP/USD) exchange rate drifted higher on Tuesday as a more sanguine market mood limited the appeal of the 'Greenback'.
At the time of writing, GBP/USD was trading at around $1.3239. A modest rise from Tuesday's opening levels.
Latest — Exchange Rates:
Pound to Dollar (GBP/USD): 1.327369 (+0.41%)
Euro to Dollar (EUR/USD): 1.12567 (+0.35%)
Dollar to Yen (USD/JPY): 158.15203 (+0.12%)
DAILY RECAP:
The US Dollar (USD) edged lower on Tuesday as an improvement in global risk appetite reduced demand for the traditional safe-haven currency.
A rally in equities, led by a tech-driven advance on Wall Street, helped encourage investors back towards riskier assets, while a pullback in oil prices provided some additional relief after elevated energy costs had contributed to recent market uncertainty.
The softer tone for the ‘greenback’ came despite the currency remaining close to multi-month highs. The US Dollar Index was hovering around 102.2 after gaining almost 1% last week, while elevated Treasury yields continued to provide a degree of underlying support for USD.
The Pound (GBP) traded in a narrow range on Tuesday morning ahead of a scheduled speech by Bank of England (BoE) policymaker Catherine Mann.
Mann was among a trio of policymakers who backed an immediate quarter-point increase at the central bank's September meeting.
GBP Investors will be watching closely to see whether the Monetary Policy Committee's (MPC) most prominent hawk will double down on the case for higher interest rates, with Sterling poised to rise if she signals support for a rate hike at the bank's next meeting in November.
Near-Term GBP/USD Forecast: Hawkish FOMC Minutes to Support the 'Greenback'? Looking ahead to Wednesday, the primary catalyst of movement for the Pound to US Dollar (GBP/USD) exchange rate will be the publication of the minutes from the Federal Reserve's September policy meeting.
USD investors will look to the minutes to better gauge the appetite within the bank for further interest rate hikes.
Barring an exceptionally hawkish tilt, they are unlikely to revive expectations for an October hike, but if they strengthen expectations that monetary policy may be tightened again in December the minutes may still prove positive for Sterling.
Meanwhile, the upside potential for Sterling in mid-week trade may be limited as traders keep their powder dry ahead of a packed slate of BoE appearances on Thursday, headlined by Governor Andrew Bailey.
Exchange Rates UK Research Our currency coverage draws on live market data, official economic releases and published bank research.
The Pound-Australian Dollar rate could remain supported if risk appetite deteriorates, while caution ahead of key BoE speeches may limit Sterling’s upside.
The Pound to Australian Dollar (GBP/AUD) exchange rate was steady on Tuesday
At the time of writing, GBP/AUD was trading at AU$1.8972. Virtually unchanged from the start of Tuesday’s European session.
Latest — Exchange Rates:
Pound to Dollar (GBP/USD): 1.327225 (+0.40%)
Australian Dollar to Dollar (AUD/USD): 0.698265 (+0.22%)
DAILY RECAP:
The Australian Dollar (AUD) fluctuated on Tuesday, following another sharp deterioration in domestic consumer confidence.
The Westpac–Melbourne Institute Consumer Sentiment Index fell 4.7% in October to 80.4, marking its second consecutive monthly decline and leaving sentiment among the weakest readings recorded since the survey began in the early 1970s.
The deterioration in confidence followed last week’s Reserve Bank of Australia (RBA) rate hike, with the survey showing a particularly pronounced drop in sentiment among respondents questioned after the decision.
However, broader currency dynamics helped to partially offset these domestic headwinds, with a modest pullback in the US Dollar (USD) offering some support for risk-sensitive currencies.
The Pound (GBP) traded sideways on Tuesday morning, with a relatively quiet UK economic calendar leaving Sterling looking for fresh direction.
Attention was instead turning towards a scheduled appearance from Bank of England (BoE) policymaker Catherine Mann, with investors keen to assess whether the traditionally hawkish MPC member would reinforce expectations of further monetary tightening.
Mann was one of three policymakers to vote for a 25bps interest rate hike at the bank's September meeting, and her comments could strengthen Sterling sentiment if she signals support for a hike in November.
Near-Term GBP/AUD Forecast: Strong Inflation to Lift the 'Aussie'?
Looking ahead to the middle of the week, in the absence of any notable UK or Australian data, movement in the Pound to Australian Dollar exchange rate is likely to be dictated by wider market trends.
Of the two, the 'Aussie' is likely to prove the more sensitive to any shifts in market risk appetite, with AUD likely to give up ground if sentiment remains broadly downbeat.
Meanwhile, a gloomy mood may also temper GBP demand, while caution ahead of speeches by several BoE policymakers – including Governor Andrew Bailey – on Thursday may also cap Sterling.
Exchange Rates UK Research
Our currency coverage draws on live market data, official economic releases and published bank research.
Pomerantz vyšetřuje L3Harris kvůli možnému podvodu s cennými papíry poté, co generální ředitel Christopher Kubasik okamžitě odstoupil; akcie 17. srpna klesly o 4,61 %.
NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of L3Harris Technologies, Inc. (“L3Harris” or the “Company”) (NYSE: LHX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether L3Harris and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 17, 2026, L3Harris disclosed that Christopher Kubasik has stepped down as Chairman and Chief Executive Officer, effective immediately. L3Harris said that it had become aware of certain conduct by Kubasik that was not consistent with the values of the Company as outlined in its Code of Conduct.
On this news, L3Harris’s stock price fell $13.44 per share, or 4.61%, to close at $278.38 per share on August 17, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Cognizant prodloužil spolupráci s Gilead Sciences o pět let a podpoří rozvoj DevOps a odpovědné využití agentní AI ve vybraných technologických programech.
Five-year agreement will support selected Gilead technology programs
, /PRNewswire/ -- Cognizant announced a five-year extension of its work with Gilead Sciences, a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades. Under the agreement, Cognizant will support Gilead's continued development of DevOps capabilities and the responsible application of agentic AI tools across selected technology programs.
Cognizant is an AI Builder company www.cognizant.ai Cognizant will apply its life sciences and technology experience to support Gilead's development and operations environment. The work is expected to focus on practical use cases intended to simplify processes, improve delivery and help Gilead's teams execute priority technology programs more efficiently.
The agreement follows more than a decade of work in which Cognizant has supported elements of Gilead's global IT infrastructure, platforms, applications and advanced analytics. The updated scope will provide additional support for selected DevOps and AI-enabled capabilities as Gilead continues to strengthen the technology foundations that underpin its business and scientific priorities.
"Our focus is on giving our teams reliable, efficient technology that helps them move important work forward," said Anna Berg Asberg, Global CIO, Gilead. "This agreement provides additional support as we strengthen our DevOps capabilities and evaluate practical, responsible uses of AI across our technology environment—all in service of our broader mission to deliver for patients."
"We value the opportunity to continue supporting Gilead's technology priorities," said Surya Gummadi, President, Americas, Cognizant. "Our work will bring together life sciences experience, DevOps capabilities and AI tools to help Gilead improve delivery across selected programs."
"This agreement allows Cognizant to apply its technology capabilities and life sciences experience in support of Gilead's priorities," said Mohammad Haque, Global Head of Intelligent Enterprise Platforms & Large Deals, Cognizant. "The work will focus on practical tools and approaches designed to support operational efficiency and program execution."
About Cognizant
Cognizant is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
Huntington National Bank rozšířila bankovní služby pro kaptivní pojišťovny, včetně akreditivů a zajišťovacích svěřenských fondů. Nový tým povede Jordan Mosher.
New specialization builds on Huntington's existing reinsurance trust platform and decades of experience serving captive insurance clients
, /PRNewswire/ -- The Huntington National Bank today announced the expansion of its captive insurance banking capabilities, further strengthening Huntington Commercial Bank's ability to provide comprehensive financial solutions to captive insurance companies and other alternative risk transfer structures.
The expanded capabilities build on Huntington's existing work with captive insurance clients and its growing reinsurance trust platform. The specialized team helps captive insurance clients manage collateral needs through solutions such as letters of credit and reinsurance trusts, while connecting clients to the broader Huntington platform.
With this expansion, the bank is bringing additional specialization, leadership and coordination to better support captive insurance companies of varying sizes, including global captives seeking streamlined access to banking, collateral and risk-management solutions.
"We've served captive insurance clients for decades, and this expansion reflects our continued investment in specialized capabilities that meet increasingly complex client needs," said Andy Arduini, senior managing director of Global Specialty Products at Huntington. "By combining experienced people, a strong platform and Huntington's balance sheet, we're positioned to deliver a more comprehensive model for clients across the captive insurance industry."
The expanded offering will be led by Jordan Mosher as head of captive insurance banking. Mosher previously helped build Huntington's reinsurance trust vertical and will work with leaders across Global Specialty Products to bring an end-to-end approach to the market. Joe McDonald will serve as managing director and support the continued development and delivery of the bank's captive insurance solutions.
"Captive insurance companies need partners who understand the industry, can move with speed and certainty, and can deliver collateral solutions as part of a broader banking relationship," Mosher said. "Our goal is to make it easier for clients to access the solutions they need through one coordinated team."
The expansion is the latest example of Huntington Commercial Bank's continued investment in specialized industry expertise. In addition to expanding into new geographic markets, Huntington Commercial Bank in recent years has launched a broad range of industry verticals and strengthened its national capabilities to serve clients across the country.
About Huntington
Huntington Bancshares Incorporated is a $284 billion asset regional bank holding company headquartered in Columbus, Ohio. A top 10 U.S. commercial bank, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Founded in 1866, Huntington operates over 1,400 branches in 21 states, with certain businesses operating nationally. Visit Huntington.com for more information.
