Chevron plánuje ve Venezuele investovat více než 7 miliard USD během pěti let a chce více než zdvojnásobit produkci na zhruba 600 000 barelů denně oproti úrovním z roku 2026. Eni mezitím převzala provoz pole Junin-5 s 35 miliardami barelů ropy v zemi.
Key Takeaways CVX is expanding its Venezuelan footprint with more than $7 billion in planned investment over five years.E became operator of Junin-5, a 35-billion-barrel heavy-oil field targeting 400,000 barrels per day by 2030.TTE and HAL are renewing Venezuelan activity through energy cooperation and development agreements. Venezuela’s oil and gas industry is attracting renewed interest from international energy companies, creating a potentially important investment theme for the global energy sector. Fresh agreements involving major producers and oilfield service companies point to increasing efforts to develop the country’s enormous hydrocarbon resources.
The renewed focus on Venezuela comes as global oil markets face continued supply uncertainty. Crude oil remained above $90 per barrel on Thursday as investors weighed recovering Middle East supplies against ongoing U.S.-Iran negotiations. Uncertainty surrounding the Strait of Hormuz and OPEC+’s decision to maintain November output quotas could increase the strategic importance of Venezuela’s large oil resource base.
Several companies with Venezuelan exposure have delivered strong share price gains over the past year. Eni S.p.A. (E - Free Report) shares have advanced 55.4%, while TotalEnergies SE (TTE - Free Report) , Halliburton Company (HAL - Free Report) and Chevron Corporation (CVX - Free Report) have gained 43.3%, 29.3% and 31.5%, respectively.
How Energy Stocks Have Performed Over the Past Year
Image Source: Zacks Investment Research
The gains highlight the strong recent performance of these energy stocks, although their future performance will depend on company-specific operating results, oil prices and the execution of Venezuelan projects.
The emerging Venezuela opportunity is centered on four themes: higher investment in Venezuelan oil assets, production growth, development of heavy-oil resources and rising demand for oilfield services. For investors, these trends could create different forms of exposure across the energy value chain, from upstream production to drilling and field-development services.
International Investment Could Accelerate Venezuela’s Oil DevelopmentVenezuela holds a massive resource base, particularly in the Orinoco Belt, where much of the crude is heavy or extra-heavy oil. Developing these resources requires substantial capital, specialized technology, infrastructure and long-term field-development plans.
Recent agreements indicate that international companies are increasing their involvement. Greater international participation could increase spending on drilling, reservoir evaluation, production infrastructure and enhanced oil recovery. This could benefit both producers and oilfield service companies as Venezuela attempts to translate its large resource base into higher commercial production.
Eni: Junín-5 Provides a Large-Scale Growth OpportunityEni provides significant upstream angle through its Junín-5 development. Eni and PDVSA signed a 25-year hydrocarbon participation contract on Sept. 2, 2026, under which Eni became the exclusive operator of the Junín-5 area. The heavy-oil field contains 35 billion barrels of certified oil in place and currently produces approximately 12,000 barrels per day.
Eni and PDVSA plan to invest approximately $1.5 billion annually in the project. Reuters reported that production is expected to reach around 400,000 barrels per day by 2030.
The project could therefore become an important source of future production growth for Eni. Its scale also illustrates the capital and technical expertise required to develop Venezuela’s heavy-oil resources.
Eni already has an established Venezuelan presence through assets including the Perla gas field and Corocoro oil field. This existing operating experience could support its role in additional Venezuelan development projects. Eni sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
TotalEnergies: Potential Return to Venezuelan OilTotalEnergies represents a different form of exposure because its latest Venezuelan initiative remains at an earlier stage. TotalEnergies and PDVSA signed a memorandum of understanding (MOU) on Sept. 19, 2026, establishing a framework for energy cooperation in Venezuela. Details regarding the scope and value of the agreement have not been disclosed, making it premature to quantify the potential production or financial contribution.
For investors, the key factor will be whether the MOU develops into specific projects and capital commitments. At this stage, the agreement signals renewed engagement rather than a defined production program. TotalEnergies carries a Zacks Rank #2 (Buy).
Chevron: Direct Exposure to Venezuelan Production GrowthChevron offers direct exposure to Venezuela’s potential production expansion. On Sept. 2, 2026, Chevron announced updated agreements covering its Venezuelan joint ventures and additional acreage in the Orinoco Belt. The agreements underpin plans to invest more than $7 billion over the next five years and more than double production to approximately 600,000 barrels per day compared with 2026 levels. Chevron also reported that production from its three Venezuelan joint ventures increased 15% through the second quarter of 2026.
The company’s long operating history in Venezuela and existing infrastructure provide an established platform for additional development. Higher production could increase upstream volumes and strengthen Chevron’s long-term production portfolio. Chevron currently carries a Zacks Rank #3 (Hold).
Halliburton: Rising Activity Could Support Oilfield ServicesHalliburton provides exposure through the oilfield services side of Venezuela’s potential revival. It announced MOUs with Eneva and WESCA on Sept. 21, 2026, to support energy development opportunities in Venezuela. Under the WESCA agreement, Halliburton will support field evaluation and development planning, while its agreement with Eneva is intended to identify and pursue additional development opportunities.
This provides Halliburton with potential exposure to increased drilling, reservoir evaluation and development activity. Unlike Chevron and Eni, whose opportunities are directly linked to production growth, Halliburton’s potential benefit depends more on the level of capital spending and field-development activity generated by Venezuela’s producers. HAL carries a Zacks Rank #3.
ConclusionVenezuela’s renewed appeal among international energy companies is creating an emerging investment theme across the oil and gas value chain. Higher capital spending and development activity could support production growth while creating additional demand for specialized oilfield services.
CVX provides direct exposure through its expanding Venezuelan production portfolio, while E has a major development opportunity through Junín-5. TTE offers potential exposure to a renewed Venezuelan presence, while HAL could benefit from higher field-development and service activity.
For investors, the key factor to watch is the conversion of agreements and investment plans into actual projects, production growth and sustained industry spending. Venezuela’s large resource base creates significant potential, but the financial impact on individual companies will depend on project execution, capital requirements, oil prices, infrastructure development and the evolution of the country’s operating environment.
SLB přes OneSubsea získala od ExxonMobil Moçambique zakázku na první fázi projektu Rovuma LNG u pobřeží Mozambiku. Kontrakt zahrnuje subsea vybavení i instalační služby.
Key Takeaways SLB's OneSubsea secured a Rovuma LNG contract covering subsea equipment and installation services.SLB plans a Mozambique services base to support Rovuma LNG and other regional subsea projects.SLB's deepwater exposure could benefit from rising spending on offshore and LNG developments. SLB N.V. (SLB - Free Report) has strengthened its deepwater portfolio after its OneSubsea joint venture secured a contract from ExxonMobil Moçambique for the first phase of the Rovuma liquefied natural gas (“LNG”) project offshore Mozambique. The award reinforces SLB’s position in large-scale subsea developments and expands its exposure to growing LNG investment.
Rovuma Award Expands SLB’s BacklogThe contract covers subsea trees, manifolds, umbilicals and control systems, along with engineering, procurement, manufacturing and installation services. The extensive project scope strengthens SLB’s opportunity to generate revenues across engineering, equipment supply and installation activities.
Mozambique Base Extends SLB’s Regional ReachSLB OneSubsea intends to establish a service base in Mozambique, expanding its local operating footprint. The facility is expected to support Rovuma LNG while creating opportunities to serve other regional operators and future subsea developments.
Deepwater Activity Supports SLB’s OutlookThe contract underscores continued investment in deepwater developments, where SLB maintains a strong presence in subsea engineering and production systems. Rising spending on offshore and LNG projects is expected to support demand for the company’s technology and equipment offerings, strengthening its growth prospects and enhancing its appeal to investors.
SLB’s Zacks Rank & Key PicksSLB currently carries a Zacks Rank #3 (Hold).
With West Texas Intermediate crude oil trading around the $90-per-barrel mark, according to Oilprice.com and global LNG demand continuing to rise, the backdrop remains favorable for the broader energy sector. Higher crude prices can strengthen upstream cash flows, while growing LNG demand supports investment in gas production, infrastructure and export projects, encouraging continued spending on drilling, completion and production activities.
This environment is likely to benefit upstream players such as Equinor ASA (EQNR - Free Report) as well as oilfield service providers like Baker Hughes Company (BKR - Free Report) and National Energy Services Reunited Corp. (NESR - Free Report) . BKR and NESR currently sport a Zacks Rank #1 (Strong Buy) each, while EQNR carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.
Equinor has more direct exposure to crude-price movements through its upstream production portfolio. The company plans to allocate about 90% of its capital spending to oil and gas and is targeting production growth through 2030, positioning EQNR to benefit from a firm commodity-price environment.
Baker Hughes is a global energy technology company providing oilfield services, gas technology, industrial equipment and digital solutions across the energy value chain. BKR has secured several offshore and subsea contracts, including a subsea production systems award for the Kutei Northern Hub development offshore Indonesia and multi-year drilling and well-services extensions with Equinor in the North Sea. The company has received production enhancement and stimulation work from bp, along with subsea-related awards tied to projects in Angola and Brunei.
National Energy Services Reunited is positioned to benefit from elevated crude prices, which can support upstream spending across the Middle East and North Africa. NESR secured $300 million of contracts in Kuwait across Production Services and Drilling & Evaluation, strengthening its revenue visibility and reinforcing its presence in a key oil-producing market.
Besi joins Applied's EPIC Center as an Innovation Partner, extending a collaboration that began in 2020 with the companies' joint Hybrid Bonding Center of Excellence in SingaporeExpanded collaboration targets next-generation 3D IC scaling, logic and memory integration, and photonics applications supporting AI infrastructure build-outPartnership expands beyond die-to-wafer hybrid bonding to new hybrid bonding platforms, scaling of thermo-compression bonding (TCB), and new die-on-wafer, die-on-die and die-on-panel architectures SANTA CLARA, Calif. and DUIVEN, The Netherlands, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (Nasdaq: AMAT) and BE Semiconductor Industries N.V. (Besi) (Euronext Amsterdam: BESI) today announced an expansion of their longstanding strategic partnership, with Besi joining Applied's EPIC Center as an Innovation Partner. The collaboration builds on the companies’ joint development program launched in 2020 and extends co-innovation beyond hybrid bonding into new interconnect architectures and applications supporting the semiconductor industry's AI-driven scaling roadmap.
As the AI infrastructure build-out drives demand for higher-density, higher-bandwidth chip-to-chip and chip-to-package interconnects, the expanded partnership is intended to give mutual customers earlier access to co-optimized process and assembly solutions spanning the full advanced packaging flow – from wafer-level hybrid bonding through panel-scale integration.
In 2020, Applied and Besi established a joint Center of Excellence at Applied's Advanced Packaging Development Center in Singapore, combining Applied's process expertise in etch, planarization, deposition, wafer cleaning, metrology, inspection and particle defect control with Besi's die placement, interconnect and assembly technology. That collaboration resulted in Kinex™, the industry’s first integrated die-to-wafer hybrid bonding system.
“Besi has been a trusted partner since we began co-developing next-generation hybrid bonding solutions,” said Gary Dickerson, President and CEO of Applied Materials. “With Besi joining EPIC as an Innovation Partner, we’re extending that collaboration across the interconnect technologies our customers need to scale AI systems. Bringing this work into Applied's EPIC Center gives both companies earlier visibility into where the roadmap is headed and lets us co-optimize the full packaging flow.”
“Our center of excellence with Applied in Singapore has been foundational to Besi's hybrid bonding roadmap,” said Richard Blickman, CEO and Chairman of the Board of Management of Besi. “Joining Applied's EPIC Center as an Innovation Partner is a natural next step, giving us a seat alongside the leading logic, memory and systems companies as we advance TCB scaling, die-on-panel integration and the interconnect technologies that will define the next generation of AI and photonics systems”
As an Innovation Partner, Besi engineers will work alongside Applied's teams at the EPIC Center to accelerate joint development across a broader set of interconnect and integration technologies. While advanced packaging was historically treated as a back-end assembly step, technologies such as hybrid bonding and panel-level integration now depend on the same materials engineering disciplines that define front-end wafer fabrication.
“Advanced packaging is no longer a back-end assembly step – it is a materials engineering challenge that demands the same precision and cleanliness as front-end wafer fabrication,” said Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials. “Developing these technologies together with Besi engineers in a front-end R&D environment like the EPIC Center will allow us to treat them as one connected flow rather than a series of isolated steps. That gives our mutual customers earlier access to co-optimized solutions and a faster path from development to high-volume manufacturing.”
The expanded scope of collaboration will focus on next-generation 3D IC scaling and logic and memory integration for AI compute and memory architectures, with expected R&D programs to include:
New platforms for die-to-wafer hybrid bonding, building on the companies' existing Singapore Center of ExcellenceScaling of thermo-compression bonding (TCB) and its surrounding process ecosystemNew die-on-wafer, die-on-die and die-on-panel integration platformsPhotonics-enabled interconnect applications supporting co-packaged optics and AI system scaling Applied’s new, $5 billion* EPIC (Equipment and Process Innovation and Commercialization) Center in Silicon Valley represents the largest-ever U.S. investment in advanced semiconductor equipment and process technology R&D. The center, which will be operationally ready this year, is designed from the ground up to dramatically reduce the time it takes to commercialize breakthrough technologies from early-stage research to full-scale manufacturing.
*Capital spending is expected to scale over time to approximately $5 billion as customer projects commence.
About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at www.appliedmaterials.com.
Applied Materials Forward-Looking Statements
This press release contains forward-looking statements, including those regarding Applied's investment and growth strategies, the development of new materials and technologies, industry outlook and technology requirements, the plans and expectations for the EPIC Center, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the demand for semiconductors and customers' technology requirements; the ability to develop new and innovative technologies; the ability to obtain and protect intellectual property rights in key technologies; the ability to achieve the objectives of the EPIC Center; and other risks and uncertainties described in Applied's filings with the Securities and Exchange Commission, including Applied's most recent Forms 10-K, 10-Q and 8-K. All forward-looking statements are based on management's current estimates, projections and assumptions, and Applied assumes no obligation to update them.
About Besi
Besi is a leading manufacturer of assembly equipment supplying a broad portfolio of advanced packaging solutions to the semiconductor and electronics industries. We offer customers high levels of accuracy, reliability and throughput at a lower cost of ownership with a principal focus on wafer level and substrate assembly solutions. Customers are primarily leading semiconductor manufacturers, foundries, assembly subcontractors and electronics and industrial companies. Besi’s ordinary shares are listed on Euronext Amsterdam (symbol: BESI). Its Level 1 ADRs are listed on the OTC markets (symbol: BESIY) and its headquarters are located in Duiven, the Netherlands. For more information, please visit our website at
www.besi.com.
Besi Forward-Looking Statements
This press release contains statements about management's future expectations, plans and prospects of our business that constitute forward-looking statements, which are found in various places throughout the press release, including, but not limited to, statements relating to expectations of orders, net sales, product shipments, expenses, timing of purchases of assembly equipment by customers, gross margins, operating results and capital expenditures. The use of words such as “anticipate”, “estimate”, “expect”, “can”, “intend”, “believes”, “may”, “plan”, “predict”, “project”, “forecast”, “will”, “would”, and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The financial guidance set forth under the heading “Outlook” contains such forward-looking statements. While these forward-looking statements represent our judgments and expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from those contained in forward-looking statements, including any inability to maintain continued demand for our products; failure of anticipated orders to materialize or postponement or cancellation of orders, generally without charges; the volatility in the demand for semiconductors and our products and services; failure to develop new and enhanced products and introduce them at competitive price levels; failure to adequately manage costs and expenses in line with revenue; loss of significant customers, including through industry consolidation or the emergence of industry alliances; lengthening of the sales cycle; acts of terrorism and violence; disruption or failure of our information technology systems; consolidation activity and industry alliances in the semiconductor industry that may result in further increased customer concentration, inability to forecast demand and inventory levels for our products; the integrity of product pricing and protection of our intellectual property in foreign jurisdictions; risks, such as changes in trade regulations, conflict minerals regulations, currency fluctuations, political instability and war, associated with substantial foreign customers, suppliers and foreign manufacturing operations, particularly to the extent occurring in the Asia Pacific region where we have a substantial portion of our production facilities; potential instability in foreign capital markets; the risk of failure to successfully manage our diverse operations; any inability to attract and retain skilled personnel, including as a result of restrictions on immigration, travel or the availability of visas for skilled technology workers; and the other risks detailed in the Risk Management section of our Annual Report. We expressly disclaim any obligation to update or alter these forward-looking statements for revisions or changes whether as a result of new information, future events or otherwise after the date of this release.
In addition, the United States and other countries have recently levied tariffs and taxes on certain goods and could significantly increase or impose new tariffs on a broad array of goods. They have imposed, and may continue to impose, new trade restrictions and export regulations. Increased or new tariffs and additional taxes, including any retaliatory measures, trade restrictions and export regulations, could negatively impact end-user demand and customer investment in semiconductor assembly equipment, increase Besi’s supply chain complexity and manufacturing costs, decrease margins, reduce the competitiveness of our products or restrict our ability to sell products, provide services or purchase necessary equipment and supplies. Any or all of the foregoing factors could have a material and adverse effect on our business, results of operations or financial condition. In addition, investors should consider those additional risk factors set forth in Besi's annual report for the year ended December 31, 2025 and other key factors that could adversely affect our businesses and financial performance contained in our filings and reports, including our statutory consolidated statements. We expressly disclaim any obligation to update or alter our forward-looking statements whether as a result of new information, future events or otherwise.
Besi
Richard W. Blickman, President & CEO
Andrea Kopp-Battaglia, Senior Vice President Finance
Claudia Vissers, Executive Secretary/IR coordinator
Edmond Franco, VP Corporate Development/US IR coordinator
Tel. (31) 26 319 4500, [email protected]
Výnos 10letého amerického státního dluhopisu vystoupal na 5,26 % a stáhl dolů všechny zmíněné REITy. Přesto všechny zároveň zvýšily výhled AFFO a dividendy mají kryté.
The 10-year Treasury yield just hit a year-long high and dragged every one of these net lease REITs down with it, but falling share prices and failing dividends are not the same thing, and the difference matters more right now…
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The 10-year Treasury yield hit 5.26% on September 29, 2026, the high of its past-year range, and every stock here fell over the past month. Rates are pressuring net lease and retail REITs, which own buildings rented to a single tenant who pays the property taxes, insurance and maintenance on top of rent. That leaves the landlord collecting a long, predictable check with few operating costs. The demand driver is sale-leaseback financing, where businesses sell their real estate to raise capital and lease it right back, and the five landlords below bought at initial cash cap rates from 7.0% to 7.8% in the second quarter. All five are property-owning equity REITs. There are no mortgage REITs on this list, which matters because mortgage REITs own loans and carry interest rate and credit risk that landlords collecting rent from physical buildings do not.
NNN REIT Has Raised Its Dividend 37 Years Running NNN REIT (NYSE:NNN) owns 3,774 freestanding single-tenant properties, with recent buying concentrated in auto service, discount retail and early childhood education. Occupancy reached 99.1%, up 110 bps year over year, with a weighted average remaining lease term of 10.1 years. Annualized base rent rose to $959.1M, up 7.3%.
Demand background: NNN invested $291.0M in the second quarter at a 7.3% initial cash cap rate with a 17.9-year lease term, and raised 2026 acquisition guidance to $700M to $800M.
Yield: The quarterly dividend is $0.62, or $2.48 annualized, for a yield of 5.8%. Shares sit at $41.60, down 7.97% over the past month.
Coverage: The right metric for every REIT here is AFFO per share (adjusted funds from operations). GAAP earnings take off depreciation, a large non-cash charge on buildings that often hold or gain value, so an earnings payout ratio makes REIT dividends look far riskier than they are. NNN shows the gap: second-quarter EPS was $0.52 while AFFO was $0.90 per share. The payout was 67% of AFFO in the quarter, and the chief financial officer put it at a “healthy 69% AFFO payout ratio” at the new rate. Raised 2026 AFFO guidance of $3.55 to $3.59 sits well above the $2.48 annualized dividend.
Bull case: Credit is improving. Full-year bad-debt guidance fell to roughly 40 basis points from 60 basis points, and management called it “the best shape that the portfolio has been since I’ve been here.” The 37th consecutive annual dividend increase backs that up.
Risk: Financing costs are rising. Interest expense reached $53.5M versus $49.3M a year earlier, and management cited a potential 10-year debt cost in the mid-5% to 5.6% range for new issue.
Essential Properties Realty Trust Pays Out Just 64% of AFFO Essential Properties Realty Trust (NYSE:EPRT) leases 2,493 properties to middle-market service businesses: car washes, medical and dental offices, early childhood education, quick-service restaurants, auto service and convenience stores. Occupancy is 99.6% with only nine vacant properties, the weighted average lease term is 14.3 years, and tenants generate rent coverage of 3.5x. Same-store rent growth was 1.5%.
Demand background: Essential Properties deployed $332.4M across 103 properties at a 7.8% cash cap rate, with 84% structured as sale-leasebacks and 72% sourced from existing tenants. Investment guidance rose to $1.2B to $1.5B.
Yield: The dividend is $0.32 quarterly, or $1.28 annualized, with the next payment on October 14, 2026. The stock trades at $26.27, down 11.35% in a month, the largest drop in this group.
Coverage: AFFO per share rose 9% to $0.50, and the payout ratio was 64% of AFFO. That leaves roughly $170M of annualized retained free cash flow. Raised AFFO guidance of $2.01 to $2.05 covers the $1.28 annualized dividend with a wide margin.
Bull case: The balance sheet is ready for more deals, with pro forma leverage of 3.5 times, $1.7B of liquidity and about $575M of unsettled forward equity. The quarterly payout has rose from $0.23 in 2020 to $0.32.
Risk: Middle-market tenants carry thinner credit than national chains. The share of rent with coverage below 1x rose from 3.4% to 3.9%, and the company reserved a $2.6M credit loss provision in the quarter.
Agree Realty Pairs Blue-Chip Retail Tenants With a Monthly Check Agree Realty (NYSE:ADC) owns 2,825 properties across all 50 states and DC, leased mostly to large investment grade retailers. Investment grade exposure stands at nearly two-thirds of the portfolio, and 268 ground leases make up over 10% of annualized base rents. Occupancy is 99.8%, and same-store rent growth was 0.9%.
Demand background: Agree Realty put a record $501.7M to work across 102 properties at a 7.0% cap rate and an 11.2-year lease term. Investment-grade retailers accounted for over 73% of the rent it acquired. Full-year investment guidance rose to $1.6B to $1.8B.
Yield: Agree Realty pays monthly. The current $0.267 per share works out to $3.204 annualized, a 4.3% year-over-year raise. Shares trade at $66.81, down 7.16% over the past month.
Coverage: AFFO per share rose 7.4% to $1.14, and the payout ratio was 70% of AFFO. Raised guidance of $4.57 to $4.59 stands against a $3.204 annualized dividend, and free cash flow after the dividend is expected to exceed $140 million this year.
Bull case: Credit losses barely register. Second-quarter credit and occupancy loss was 0.06%, the recapture rate on re-leased space was 105%, and there are no material debt maturities until 2028. Management said “Our consistent and reliable earnings growth continues to support a growing and well-covered dividend.”
Risk: Short-term borrowing exposure is meaningful in a rising-rate market. Agree Realty carries $497M of floating-rate commercial paper, and interest expense rose to $40.3M from $32.3M.
Realty Income Has Raised Its Payout 115 Quarters in a Row Realty Income (NYSE:O) is the giant here, with a market cap of about $51.38B. It owns a diversified net lease portfolio led by retail, with growing industrial, gaming and new data center exposure. Occupancy is 98.8%, same-store rental revenue grew 1.2%, and re-leased space came in at a 102.7% rent recapture rate.
Demand background: Realty Income committed about $2.6B in the quarter at a 7.3% initial cash yield, with 65% going to industrial. It raised 2026 investment guidance to $10.0B from $9.5B and announced a $6B hyperscale data center joint venture.
Yield: The monthly dividend stands at $0.2715, declared September 8, 2026, for an annualized forward rate of $3.258. The quoted dividend yield is 5.68%, which keeps it in high-yield territory, and shares trade at $54.44 after a 10.72% monthly decline.
Coverage: GAAP EPS of $0.37 missed the $0.4227 consensus after $54.2M of impairments, a textbook case of why earnings mislead on REIT dividends. AFFO per share rose 3.8% to $1.09, and raised full-year AFFO guidance of $4.44 to $4.45 tops the $3.258 annualized dividend well.
Bull case: Scale and cheap capital. Fitch rates Realty Income “A”, pro forma liquidity tops $5.7 billion, and the record now stands at 670 consecutive monthly dividends and the 115th consecutive quarterly dividend increase.
Risk: Tenant credit mix. About 65.7% of annualized base rent comes from non-investment grade tenants, and the watch list remains “in the high 5% area,” led by home furnishings and casual dining.
W. P. Carey Ties Nearly Half Its Rent to Inflation W. P. Carey (NYSE:WPC) owns a diversified net lease portfolio dominated by industrial and warehouse properties, plus retail, across the U.S. and Europe. Occupancy is 98.5%, 47.8% of annualized base rent is linked to CPI escalators, and >99% carries contractual rent increases. Same-store rent growth was 2.6% in constant currency.
Demand background: Second-quarter investments amounted $706.5M, anchored by a $400.2M GardenCore sale-leaseback covering 43 properties on a 20-year master lease. Year-to-date volume reached $1.3 billion at a 7.4% initial cash cap rate, and guidance rose to $1.7B to $2.1B.
Yield: W. P. Carey declared a $0.95 quarterly dividend on September 18, 2026, payable October 15, 2026, for $3.80 annualized and a yield of 5.69%. Shares trade at $64.15. Income investors should know the history: the quarterly payout dropped from $1.071 to $0.86 after the late 2023 office spinoff, and it has risen every quarter since.
Coverage: AFFO per share of $1.34 beat the $1.24 estimate, and management put the payout ratio at just over 70%. Raised AFFO guidance of $5.19 to $5.27 sits well above the $3.80 annualized dividend, and the company keeps roughly $300 million of cash flow a year.
Bull case: Inflation helps here. With 95% of debt fixed at a weighted average 3.2%, CPI-linked rent bumps flow straight through. The CEO said the company is “uniquely positioned to benefit from the inflationary pressure stemming from higher energy prices.”
Risk: Europe is soft. Same-store rental income there declined 2.6% in constant currency, and second-quarter real estate impairments amounted $79.4M, with tenant Hellweg still working through insolvency.
Rate Spike Hits Prices While AFFO Keeps Climbing All five of these landlords raised AFFO guidance this summer while their share prices fell with a 5.26% 10-year yield. Essential Properties at 64% and NNN at 67% of AFFO carry the widest dividend margin, Agree Realty brings the strongest tenant credit, and W. P. Carey brings the most inflation protection. Rising rates are pressuring the stock prices, and the rent checks are still growing. Keep an eye on third-quarter AFFO coverage and fresh cap rates to confirm that spread holds.
Contact [email protected] for any questions or corrections.
Společnost Dick's po slabších výsledcích za 2. čtvrtletí snížila celoroční výhled konsolidovaných čistých tržeb na 21,9 až 22,2 miliardy USD. Akcie po oznámení klesly o 55,02 USD na 124,31 USD, tedy zhruba o 30 %.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. ("Dick's" or the "Company") (NYSE: DKS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Dick's and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until November 3, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Dick's securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On September 8, 2025, Dick's announced the completion of its acquisition of Foot Locker, Inc. ("Foot Locker"), a prominent footwear and apparel retailer, for approximately $2.5 billion in cash and stock.
On August 25, 2026, before the market opened, Dick's issued a press release announcing its financial results for the second quarter of 2026. Specifically, the Company reported adjusted earnings per share of $3.53 per share, which fell short of analysts' estimates of $3.76 per share. Notably, Dick's also disclosed that Foot Locker generated revenue of only $1.73 billion, significantly below analysts' expectations of $1.81 billion. The Company also reduced its full-year 2026 consolidated net sales guidance to a range between $21.9 billion to $22.2 billion (down from $22.1 billion to $22.4 billion). Dick's further revealed that it expected Foot Locker's proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year – a sharp deterioration from Dick's prior forecast of 1.5% to 3% growth for Foot Locker.
In the press release, Executive Chairman Edward Stack conceded that "[a]s the quarter progressed, conditions across portions of the athletic footwear and apparel marketplace became increasingly promotional, and we took action to remain competitively priced." Stack further explained that this environment had a more "significant impact" on Foot Locker due to its "greater exposure to legacy footwear silhouettes and greater dependence on footwear launch and retro product." Stack also noted that "[n]ot only were there fewer launches in the second quarter, but those launches performed below both industry and our expectations."
Following these disclosures, Dick's stock price fell $55.02 per share, or approximately 30%, to close at $124.31 per share on August 25, 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.
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ZEELAND, Mich., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies and consumer electronics, is pleased to announce that it will release its third quarter 2026 financial results on Friday, October 23, before the market opens. The Company will host a conference call for the investment community at 9:30am ET to discuss the results.
The call will also be available to the general public via a live audio webcast. Participants who wish to ask questions may register for the call at the following URL to receive the dial-in numbers and unique PIN: https://register-conf.media-server.com/register/BIf16d76cd30ef4ccb9104c3f057fb46e5. It is recommended that participants join 10 minutes prior to the event start, although they may register ahead of the call and dial in at any time during the call. If you wish to join the call but do not plan to ask questions, you may join the listen-only webcast here: https://edge.media-server.com/mmc/p/xisihger.
A webcast replay will be available approximately 24 hours after the conclusion of the call at http://ir.gentex.com/events-and-presentations/upcoming-past-events.
Společnost XPO otevřela dvě nová servisní centra v Mesa a Cameronu, aby zvýšila kapacitu na rostoucích trzích v oblasti Phoenixu a Kansas City. Síť v Severní Americe tak vzrostla na 300 center.
GREENWICH, Conn., Oct. 01, 2026 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced the opening of two new service centers in Mesa, Arizona, and Cameron, Missouri. The facilities expand XPO’s capacity to meet growing freight demand in the Phoenix and Kansas City metropolitan areas.
Matt Carroll, president of XPO’s West Division, said, “These new service centers deepen our presence in two critical freight markets and reflect our strategic approach to investing in our network. We’ve added capacity where our customers need it most, positioning us to support their growth while delivering the world-class service they count on.”
The 51,000-square-foot Mesa facility has 86 dock doors and a team of more than 100 employees. Located in one of the nation’s largest and fastest-growing metropolitan areas, it complements XPO’s existing Phoenix service center, adding capacity to meet increasing freight demand fueled by industrial investment and cross-border trade with Mexico.
The 13,000-square-foot Cameron service center has 32 dock doors and a team of more than 30 employees. Located at the intersection of two major highways, I-35 and U.S. 36, it enables more efficient freight movement along key north-south and east-west freight corridors in the Midwest.
XPO has opened nearly 35 new service centers across the country since 2021, expanding its network dock door capacity by 15%. Construction at the Mesa and Cameron sites was completed this summer, and their openings bring XPO’s North American network to 300 service centers, which provide direct service to 99% of U.S. ZIP codes and cross-border service to and from Canada and Mexico.
About XPO
XPO, Inc. (NYSE: XPO) is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The company’s customer-focused organization efficiently moves 16 billion pounds of freight per year, enabled by its proprietary technology. XPO serves 55,000 customers with 586 locations and 38,000 employees in North America and Europe, and is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on LinkedIn, Facebook, X, Instagram and YouTube.
Odvětví Medical-Dental Supplies těží ze silné poptávky po specializovaných terapiích, biologicích a GLP-1 a z přesunu péče do ambulantního a domácího prostředí. Zároveň čelí clům, růstu nákladů a slabším výdajům na kapitálové vybavení.
The Zacks Medical – Dental Supplies industry is benefiting from several structural healthcare shifts. Demand continues to benefit from stable healthcare utilization, continued expansion of specialty medicines, increasing adoption of biologics and GLP-1 therapies, and migration toward outpatient, home-based and community care.
Distributors and manufacturers are increasingly monetizing technology through AI, automation, digital workflows and data-enabled services, improving productivity and strengthening customer relationships. The supply side is also becoming more sophisticated, with investments in automated distribution, manufacturing efficiency and resilient infrastructure.
However, the outlook is not uniformly positive. Tariffs, commodity and freight inflation, policy-driven pharmaceutical price changes, uneven regional demand and softer capital-equipment spending remain constraints.
Overall, the structural demand drivers are currently broader and more durable than the principal cost and macroeconomic headwinds affecting the industry. Companies with diversified business models, technology leadership, specialty exposure and disciplined capital allocation appear well positioned to capitalize on these favorable industry tailwinds through the remainder of 2026.
According to a Mordor Intelligence report, the global medical supplies industry is expected to witness a CAGR of 10%, reaching $318.77 billion by 2031 from an estimated $198.17 billion in 2026. Industry participants, such as McKesson (MCK - Free Report) , Cardinal Health (CAH - Free Report) , Becton, Dickinson and Company (BDX - Free Report) , Merit Medical Systems (MMSI - Free Report) and ProDex (PDEX - Free Report) , are likely to ride on the favorable macro trends amid lingering tariff risks.
Industry Description The Medical–Dental Supplies industry comprises companies that manufacture, distribute and support medical and dental products. The products include consumables, drug-delivery systems, clinical equipment, dental instruments, restorative materials and technology-enabled solutions. Demand for medical supply products is increasingly driven by rising adoption of specialty therapies, biologics, GLP-1 treatments, outpatient care, automation and digital healthcare workflows. Meanwhile, recurring consumables can support revenue resilience. Recent market trends highlight specialty-care utilization, supply-chain efficiency and technology adoption as important industry factors.
Dental supplies form a specialty within the broader market, covering preventive, restorative, surgical and practice-management products.
Major Trends Shaping the Future of the Medical Dental Supplies Industry Specialty Care, Biologics and GLP-1s Strengthen Demand: Specialty healthcare is emerging as a common growth engine across the industry. Rising specialty-drug volumes are supporting distribution, while biologics, oncology, advanced therapies and GLP-1s are expanding demand for specialized delivery, containment and support infrastructure. The trend also extends into theranostics and other complex therapies, increasing the value of technically differentiated products and services.
AI, Automation and Digitalization Are Reshaping Healthcare Supply Chains: Technology is moving beyond incremental efficiency gains and becoming a growth enabler. AI-supported planning, automated distribution, digital clinical workflows and connected platforms are helping companies improve productivity while lowering adoption barriers for healthcare customers. These investments can create recurring revenue opportunities, improve supply-chain resilience and enable providers to manage growing workloads more efficiently.
These technologies help providers improve efficiency, reduce administrative burdens and expand patient access while allowing distributors to enhance operational resilience and margins. As healthcare systems prioritize productivity improvements, technology-enabled service offerings are becoming an increasingly important source of competitive advantage and long-term growth.
Increasing Burden of Oral Diseases and an Aging Population: The U.S. dental equipment market is structurally supported by aging demography and rising disease prevalence. Older cohorts account for a disproportionate share of restorative and surgical procedures, reflecting a higher incidence of caries, periodontal disease and tooth loss. With the 65+ population expanding, demand visibility remains strong, reinforcing procedure volumes and equipment utilization across practices.
Growing Emphasis on Preventive and Early Dental Care: Greater emphasis on oral-health prevention is supporting demand for products and procedures aimed at preventing or managing dental disease at an earlier stage. Fluoride treatments and dental sealants are established preventive interventions, while regular professional cleanings and home-care products remain important components of ongoing oral-health management.
CDC data show that fewer than half of U.S. children and adolescents have dental sealants, suggesting meaningful room for greater adoption. For dental-supply manufacturers, broader adoption of preventive treatments can expand demand for recurring consumables, such as fluoride products, sealants, prophylaxis materials and oral-care products. This trend is supported by the persistent prevalence of cavities and periodontal disease, reinforcing the importance of preventive care across age groups.
Minimally Invasive and Cosmetic Dentistry Trends: Patient preference is increasingly skewed toward minimally invasive and aesthetic procedures, including whitening and veneers. This trend is expanding demand for specialized materials and precision equipment, while also increasing procedure frequency and average spend per patient.
Expansion of Dental Clinics and Group Practices: The ongoing expansion of dental clinics, DSOs and hospital-based practices is structurally increasing equipment demand. Higher patient throughput, standardized treatment protocols and procurement efficiencies are driving consistent product utilization across growing care networks.
Regional Market Growth Drivers: Emerging markets, particularly in Asia-Pacific, are exhibiting above-average growth due to rising healthcare expenditure, improving access and supportive policy frameworks. Dental tourism and expanding middle-class demand are further accelerating equipment adoption in these regions.
Policy Changes and Ongoing Cost Inflation: Despite healthy demand, companies continue navigating an increasingly complex operating environment. Tariffs, healthcare policy changes, pharmaceutical pricing reforms under the Inflation Reduction Act, higher freight costs and inflationary pressures remain important headwinds.
Several companies also cited softer demand in select product categories, such as respiratory diagnostics following a mild flu season, while competitive pricing in certain technology markets continued to weigh on margins. Although management remains confident in mitigating these pressures through pricing actions, productivity initiatives and supply-chain improvements, these headwinds are likely to remain through the rest of 2026.
Zacks Industry Rank The Zacks Medical Dental Supplies industry falls within the broader Zacks Medical sector.
It carries a Zacks Industry Rank #107, which places it in the top 43% of 243 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all member stocks, indicates dull near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Before we present a few dental supply stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.
Industry Performance The industry has outperformed its sector but underperformed the S&P 500 composite in the past year.
Stocks in this industry collectively gained 12% compared with the Zacks Medical sector’s rise of 7.8%. The S&P 500 has surged 15.3% in the same time frame.
One-Year Price Performance
Image Source: Zacks Investment Research
Industry's Current Valuation On the basis of the forward 12-month price-to-earnings (P/E), which is commonly used for valuing medical stocks, the industry is currently trading at 17.05X compared with the S&P 500’s 19.71X and the sector’s 20.91X.
Over the past five years, the industry has traded as high as 20.98X and as low as 15.75X, with the median being 20.7X, as the charts show.
Price-to-Earnings Forward Twelve Months (F12M)
Image Source: Zacks Investment Research
Price-to-Earnings Forward Twelve Months (F12M)
Image Source: Zacks Investment Research
5 Key Stocks to Watch Right Now Pro-Dexhas entered the final quarter of 2026 with several growth drivers. Net sales in the fourth quarter of fiscal 2026 rose 17% year over year to $20.4 million, while gross profit more than doubled to $7.1 million, reflecting favorable product mix and contributions from Advanced Precision Machining (“APM”). The quarter also benefited from resumed production and shipments of a next-generation handpiece for its largest customer, supporting the company’s expanding orthopedic device franchise.
Pro-Dex’s pipeline provides additional support. The company recently highlighted long-term OEM relationships, proprietary adaptive torque-limiting technology and expanding robotic end-effector opportunities. PDEX also launched a new Pro-Dex-branded product during the fiscal fourth quarter. Customer concentration remains a risk, while the company cautions that the adoption of new products and its ability to manage growth could affect results.
The Zacks Consensus Estimate for fiscal 2027 revenues indicates an improvement of 6.7% from the year-ago reported figure, while the same for earnings implies a decline of 7.5%. PDEX sports a Zacks Rank #1 (Strong Buy) at present.You can see the complete list of today's Zacks #1 Rank stocks here.
Price and Consensus: PDEX
Image Source: Zacks Investment Research
Merit Medical Systems:MMSI has strong underlying momentum after delivering 9% organic constant-currency growth in the second quarter, its strongest quarterly organic performance in three years. Growth was broad-based, led by Vascular Intervention, Access, Cardiac Therapies and Endoscopy. OEM sales rose 15% and are expected to improve further in the rest of 2026.
The oncology portfolio also offers incremental growth potential, with OneMark and SCOUT MD expanding Merit Medical’s breast-care localization offering. Meanwhile, the Endoscopy business benefited from C2 CryoBalloon and Resilience.
Tariff uncertainty remains a margin risk, with the company incorporating a $16 million tariff impact into its 2026 EPS outlook. Third-quarter results, expected to be announced later this month, are likely to reflect softness due to seasonality, but management expects a strong fourth-quarter rebound.
MMSI expects adjusted EPS to be in the range of $4.25-$4.35 for 2026. The company expects total revenues to grow 8% year over year.
The Zacks Consensus Estimate for 2026 revenues indicates an improvement of 7.8% from the year-ago reported figure, while the same for earnings implies a rise of 12.3%. MMSI carries a Zacks Rank #2 (Buy) at present.
Price and Consensus: MMSI
Image Source: Zacks Investment Research
McKesson
McKesson’s late-2026 trajectory is supported by broad strength across its segments. North American Pharmaceutical benefits from higher prescription volumes, specialty growth and GLP-1 distribution. Oncology & Multispecialty remains a major growth engine, supported by provider expansion, specialty distribution, practice management and differentiated services across oncology and other community-based specialties.
Prescription Technology Solutions is benefiting from demand for access and affordability services, including prior authorization solutions. AI and automation are improving productivity. McKesson is also expanding distribution capacity through a new automated facility in Oklahoma. The main challenges are lower branded-drug pricing and brand-to-generic conversions, which weigh on reported pharmaceutical revenues. MedSurg also faces lower operating profit despite improving revenue trends.
MCK expects adjusted EPS to be in the range of $43.80-$44.60 for fiscal 2027. The company expects revenues from its North American Pharmaceutical segment to grow 4-8% year over year. Revenues from the Oncology and Multispecialty segment are estimated to grow 14.5-18.5% and those from the Prescription Technology segment are likely to increase 2.5-6.5%. Sales at the MedSurg segment are projected to grow 1-6%.
The Zacks Consensus Estimate for fiscal 2027 revenues indicates an improvement of 6.4% from the year-ago reported figure, while the same for earnings implies a rise of 14.1%. MCK has a Zacks Rank #3 (Hold) at present.
Price and Consensus: MCK
Image Source: Zacks Investment Research
Cardinal Health’s outlook for the rest of 2026 is underpinned by specialty pharmaceuticals and its higher-growth businesses. Management expects Specialty to continue expanding within Pharma, while brand and generic volume strength and growth in higher-margin specialty activities support segment profitability.
The Other portfolio — At-Home Solutions, Nuclear and Precision Health Solutions and OptiFreight Logistics — provides additional growth exposure, with management expecting revenue growth to accelerate through fiscal 2027. Theranostics remains an important catalyst for Nuclear and Precision Health Solutions. In GMPD, Cardinal Health is focused on optimizing costs, strengthening supply-chain resilience and expanding its Cardinal Health brand.
IRA-related pricing changes remain a revenue headwind for Pharma, while rising fuel and commodity costs could offset expected tariff benefits. Management also cautioned that a prolonged Iran conflict could pressure GMPD profitability.
CAH expects adjusted EPS to be in the range of $12.40-$12.60 for fiscal 2027. The company expects revenues from its Pharmaceutical segment to grow 8-11% year over year. Revenues from the GMPD segment are estimated to grow 2-4% and those from the Other segment are likely to increase 11-13%.
The Zacks Consensus Estimate for fiscal 2027 revenues indicates an improvement of 4.6% from the year-ago reported figure, while the same for earnings implies a rise of 11.5%. CAH carries a Zacks Rank of 3 at present.
Price and Consensus: CAH
Image Source: Zacks Investment Research
Becton, Dickinson and Company, or popularly known as BD has entered late 2026 with growth increasingly concentrated in its higher-growth platforms. In the third quarter of fiscal 2026, biologic drug delivery, advanced patient monitoring, PureWick, advanced tissue regeneration, peripheral vascular disease and Rowa pharmacy automation delivered strong momentum. New products, including the Liverty TIPS Stent Graft, Elyra Thulium Fiber Laser and Acumen IQ Plus, are expanding BDX’s addressable markets.
The company’s approximately 100 novel and biosimilar GLP-1 agreements strengthen its biopharma pipeline. Operationally, BD Excellence delivered about 8% gross productivity and supported strong service levels, providing an additional margin lever. However, Alaris remains a defined drag because of difficult comparisons, while vaccines in China and other China-related dynamics continue to weigh on growth. Tariffs also reduced margins by approximately 110 basis points in the third quarter.
BDX expects adjusted EPS to be in the range of $12.62-$12.72 for fiscal 2026. The company expects total revenues to grow in low-single percentage points year over year.
The Zacks Consensus Estimate for fiscal 2026 revenues indicates a decline of 11.1% from the year-ago reported figure, while the same for earnings implies a deterioration of 12.6%. However, sales and EPS are estimated to improve 2.5% and 5.2%, respectively, in fiscal 2027. BDX carries a Zacks Rank of 3 at present.
Meta spustila nákupního agenta Muse a Booking Holdings i Expedia na to reagují opačně: Expedia se do něj zapojila, Booking se nezapojil. Trh to už ocenil, když Booking za poslední měsíc klesl o 17,98 % a Expedia o 16,95 %.
Meta's new shopping agent rattled online travel stocks almost equally, but Booking Holdings and Expedia chose opposite responses to the threat. One strategy leaves a company dangerously exposed if Meta decides to cut out the middleman entirely.
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Meta Platforms (NASDAQ:META | META Price Prediction) launched Muse, a shopping agent that reached 560,000 daily active users within 11 days.
Truist then cut price targets on Booking Holdings (NASDAQ:BKNG) and Expedia Group (NASDAQ:EXPE) on the same day, citing Muse.
Both online travel agencies (OTAs) kept their ratings. Booking stayed at Buy with its target cut from $242 to $216, and Expedia stayed at Hold with its target cut from $309 to $288. The two companies responded to Muse differently, and Booking’s approach likely holds up better.
Expedia Joined Muse While Booking Kept Its Direct Channel Expedia partnered with Muse and is integrated for travel booking there. That suits a company whose B2B revenue, which powers other brands’ travel sites, grew 23% last quarter.
Booking stayed out. Its consumer direct mix held in the mid-60% range for four quarters, and large language models send “significantly below one percent” of its room nights.
Partnering risks teaching Meta how travelers shop, which could help it bypass Expedia later, and declining risks missing agent-first travelers, a smaller cost while that traffic stays tiny.
Independent Hotels Keep Booking Essential to AI Agents The same firm estimated that only about 10% of Booking’s room nights come from the top global hotel brands. Big chains run loyalty programs and booking systems an AI agent can plug into directly, but independent hotels lack that technology, so an agent seeking their rooms still needs Booking. Booking also processes payment on approximately 73% of gross bookings, which keeps it inside the transaction.
Both stocks have already absorbed similar damage.
Booking fell 17.98% over the past month, and Expedia fell 16.95%, nearly identical damage. Booking’s 25-to-1 stock split effective April 2, 2026 explains why its $162.91 shares look small beside Expedia’s $263.36. On forward earnings, Booking trades at 13 times and Expedia at 11 times.
Target Cuts Came With an Admission of Uncertainty The firm warned that Meta poses “greater downside risks to OTAs given the company’s strong consumer position,” but admitted the “extent to which Muse or other AI agents will affect OTA bookings share remains highly uncertain.”
Retail shows the same split: Amazon (NASDAQ:AMZN) blocked Muse, while Walmart (NASDAQ:WMT), Wayfair (NYSE:W) and Sephora joined as launch partners. Meta’s chief executive said Meta will profit from a small transaction fee, a toll that would likely come out of travel sellers’ margins.
Booking Looks Better Positioned to Withstand Muse Booking looks better placed of the two. Revenue of $7.35 billion beat estimates, Transformation Program savings now target about $650 million by the end of 2027, and its hotel base sits further from Muse.
Expedia posted 14% revenue growth and raised guidance, but its partnership strategy leaves it more exposed if Meta’s fee pressures partner economics.
My view changes if Booking reports large language model traffic climbing well above 1% of room nights. Pair that with a direct mix sliding below the mid-60s, and Booking would be paying for customers it once owned.
Contact [email protected] for any questions or corrections.
Kinetic spustil partnerství se STL Optical Connectivity a nasazuje technologii QuickConnect, která má zrychlit výstavbu optické sítě a snížit náklady. Firma už překročila 2 miliony domácností s dostupným optickým internetem.
LITTLE ROCK, Ark., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Kinetic, the insurgent residential and business fiber internet provider, announced its strategic partnership with STL Optical Connectivity NA, LLC, (STLOC), a U.S. subsidiary of STL (Sterlite Technologies Ltd.) [NSE: STLTECH], a leading connectivity solutions provider for AI-ready digital infrastructure, more efficient fiber expansion across Kinetic’s 18-state footprint.
The partnership strengthens Kinetic’s access to international supply chain resources, innovative fiber deployment technology, and a proven global innovation partner to support the company’s U.S. fiber build program. The relationship also underscores Kinetic’s commitment to continuously enhancing its customer experience.
Kinetic is now deploying STL’s future ready fiber cable assembly solution (CONCAT), known internally to Kinetic as 'Kinetic QuickConnect', across its footprint to simplify and speed fiber construction, as well as improve build consistency and quality. The solution’s connectorized, plug-and-play design combines cable assemblies, enclosures, and cassettes into one system to better support faster, more reliable aerial and buried fiber builds.
“Kinetic is focused on building a fiber network that creates a better experience for our customers from day one,” said Manny Sampedro, chief network officer at Kinetic. “By working with STL and leveraging its global supply chain strength and pre-connectorized fiber technology, we can build faster, reduce deployment cost, improve installation quality, and connect more customers sooner. That is good for our customers and good for our long-term growth.”
The Kinetic QuickConnect solution helps bring internet to customers faster by:
helping crews work fastermaking fiber builds easierhelping crews make fewer mistakes
Kinetic’s new, simplified fiber construction approach can help shorten deployment timelines, allowing more homes across the country to get access to high-speed internet sooner. It can also speed up service activations and provide a better overall experience for customers; from the moment fiber is placed in the neighborhood through ongoing service delivery.
“We think of our customers’ customers first. Our goal is to partner and co-develop advanced solutions with our key customers so that they can contribute to America’s broadband ambitions,” said Rahul Puri, CEO – Optical Networking Business. “The successful deployment of CONCAT fiber build technology marks a significant milestone, showcasing how our next-generation connectivity solutions can empower providers to rapidly expand high-quality bandwidth for FTTx networks. Together, we're enabling the digital infrastructure that drives tomorrow’s innovation.”
According to Sampedro, the QuickConnect fiber cable assembly also gives Kinetic added flexibility to serve business customers by making it easier to route dedicated fibers to commercial locations when needed.
Kinetic successfully tested the solution in multiple North Carolina neighborhoods across both aerial and underground deployments. Those field trials helped refine installation methods to match Kinetic’s preferred deployment approach and demonstrated the potential to improve the speed and reliability of fiber builds.
Kinetic continues to invest in network expansion and recently surpassed 2 million homes passed with fiber internet. The company believes strategic supplier relationships and deployment innovations like this one can support capital efficiency while improving customer experience across its growing footprint.
For more information on the fiber assembly solution, visit (LINK).
About Kinetic: Named the 2026 Telecommunications Company of the Year (Stevie GOLD/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT), and is a premier insurgent provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security, and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern, and Northeastern U.S. Additional information is available at gokinetic.com.
About STLOC - Sterlite Technologies Optical Connectivity, NA, LLC: STLOC, a wholly-owned subsidiary of STL focused on the sales of high-quality optical connectivity products. Strategically positioned in North America and working closely with its partners, STLOC is designed to efficiently serve and provide comprehensive support to our growing customer base in the region. Sterlite Technologies Ltd. (STL) is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Read more | Contact us | stl.tech | Twitter | LinkedIn | YouTube
Key Takeaways Neogen's Food Safety revenues rose 3.1%, with core growth reaching 5.8% in fiscal 2026's fourth quarter.Petrifilm remains a key asset as Neogen brings manufacturing in-house and expands its product platform.Neogen plans to boost fiscal 2027 R&D spending 50%, targeting pathogen detection and sanitation platforms. Neogen (NEOG - Free Report) shares have shown impressive momentum so far this year, surging 83%. The stock has outpaced the industry’s 21.6% fall and the S&P 500 composite’s 11.7% rise.
Carrying a Zacks Rank #2 (Buy) at present, the company’s Food Safety strength and solutions-based selling strategy are supporting growth momentum and portfolio expansion. Neogen is expanding its product and manufacturing capabilities following the 3M Food Safety combination, with Petrifilm playing a key role. It also continues to expand its product pipeline with new launches and differentiated technologies.
Neogen develops, manufactures and markets a diverse line of products and services dedicated to food and animal safety. The company’s Food Safety segment markets diagnostic solutions, test kits, culture media and complementary products used to detect foodborne pathogens, natural toxins, allergens and sanitation concerns. Its Animal Safety portfolio includes life sciences products, veterinary instruments and disposables, animal care products, pest control solutions and genomics services. In March 2026, Neogen agreed to sell its Genomics business to Zoetis for $160 million, subject to regulatory approvals and customary closing conditions.
Factors Supporting NEOG’s Price RallyThe rally in the company’s share price can be linked to the continued momentum in Neogen’s Food Safety segment, its central growth engine, which is supported by a broad portfolio spanning indicator testing, culture media, pathogen detection and sanitation. In the fourth quarter of fiscal 2026, segment revenues jumped 3.1% year over year, while core growth reached 5.8%, the highest quarterly rate since fiscal 2023. Indicator Testing and Culture Media revenues rose 9.5%, while Bacterial and General Sanitation increased 9.9%.
Image Source: Zacks Investment Research
The company is also shifting toward global solutions-based selling, with resources focused on strategic accounts, disciplined segmentation and higher-return geographies. Management expects this model to deepen portfolio penetration and improve customer engagement.
Neogen’s 2022 combination with 3M’s Food Safety business continues to expand its product breadth and manufacturing capabilities, with Petrifilm remaining a key strategic asset. The company is bringing Petrifilm manufacturing in-house at its Lansing facility. The new manufacturing platform is also designed to support broader innovation, including additional Petrifilm SKUs and expansion into pharmaceuticals, nutraceuticals and consumer products.
Neogen continues to expand its product pipeline across Food and Animal Safety while directing more resources toward differentiated technologies. Recent launches include Neogen MPNTray, the Listeria Right Now molecular detection assay, Igenity BCHF and MDA2 Quantitative Salmonella. Listeria Right Now received AOAC Performance Tested Methods certification in fiscal 2026, supporting broader commercial use of the enrichment-free environmental monitoring test.
Strategically, the company is advancing a three-part transformation centered on commercial execution, innovation and operational efficiency. The commercial program is moving from local product-led selling toward a global solutions-based model, with sales resources being realigned around priority countries, customer segments and strategic accounts. Neogen expects fiscal 2027 research and development (R&D) spending to rise about 50% from fiscal 2026, focused on Petrifilm, informatics, technology licensing and next-generation platforms in pathogen detection and general sanitation.
What Ails NEOG?Historically, Neogen has faced intense competition resulting from the development of new technologies by the company’s competitors, which could affect the marketability and profitability of its products. It also remains materially exposed to foreign currency fluctuations, with international sales accounting for 51.2% of fiscal 2026 revenues.
A Glance at NEOG’s EstimatesThe Zacks Consensus Estimate for NEOG’s fiscal 2027 earnings per share (EPS) is expected to drop 3.1% from 2026 to 31 cents. In the past 60 days, the estimate has risen 1 cent. Meanwhile, fiscal 2028 EPS is projected to grow 17.2% to 36 cents.
The company’s fiscal 2027 revenues are projected to rise 1.5% to $883.2 million, while fiscal 2028 revenues are expected to fall 4.2% to $846.5 million.
Other Key PicksSome other top-ranked stocks in the broader medical space are Veracyte (VCYT - Free Report) , Phibro Animal Health (PAHC - Free Report) and Globus Medical (GMED - Free Report) .
Veracyte has an earnings yield of 4.7% against the industry’s negative 1.4% yield. Shares of the company have risen 29.1% compared with the industry’s 8.2% growth. VCYT’s earnings outpaced estimates in each of the trailing four quarters, the average surprise being 41.8%.
VCYT sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Phibro Animal Health, sporting a Zacks Rank #1, has an earnings yield of 10.2% compared with the industry’s 2.5% yield. Its earnings beat estimates in each of the trailing four quarters, the average surprise being 18.4%. PAHC shares have fallen 8.2% against the industry’s 27.7% decline over the past year.
Globus Medical, sporting a Zacks Rank #1, has an earnings yield of 6.8% against the industry’s negative 1.7% yield. Its earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 27.9%. GMED shares have rallied 29% compared with the industry’s 8.3% growth over the past year.
RPM International dokončila akvizici italské společnosti Volteco pro Tremco CPG. Volteco za kalendářní rok 2025 dosáhla čistých tržeb asi 28 milionů EUR.
MEDINA, Ohio--(BUSINESS WIRE)--RPM International Inc. (NYSE:RPM) today announced that it has completed the previously communicated acquisition of Volteco S.p.A. (Volteco), an Italy-based leading supplier of below-grade waterproofing solutions, for its Tremco Construction Products Group (Tremco CPG). This strategic acquisition brings a unique and differentiated technology platform to Tremco CPG.
Headquartered in Ponzano Veneto, Italy, Volteco specializes in advanced waterproofing technology and is recognized for its Amphibia™ waterproofing sheet membrane. The company also produces a line of bagged powder goods for patch and repair applications, alongside flexible liquids, mortars, resins and damp-proofing materials. Volteco’s waterproofing solutions have been used in numerous high-profile projects, including the protection of historical landmarks in Venice, the Santa Giulia Ice Hockey Arena in Milan (a venue for the Milan Cortina 2026 Winter Olympic Games), the underground tunnel connecting the Abruzzo Regional Citadel to the L’Aquila bus terminal, and Y-40, the world’s deepest thermal pool.
Volteco generated calendar year 2025 net sales of approximately €28 million; terms of the transaction were not disclosed.
About Tremco Construction Products Group
Tremco Construction Products Group (Tremco CPG), part of the RPM International Inc. portfolio, unites industry-leading building envelope solutions manufacturers and trusted brands—including Tremco, Nudura, Dryvit, Willseal, Flowcrete, Nullifire and Vandex—to deliver comprehensive, integrated construction systems. With operations spanning North America, Europe, Asia-Pacific, India and Latin America, Tremco CPG has a global presence supported by regional businesses and distributors who understand local market needs. Tremco CPG solutions ensure long-lasting performance for commercial, industrial and residential projects worldwide, while international teams collaborate on training, testing and innovation to build high-performing structures in any geography or climate.
About RPM
RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across three reportable segments: consumer, construction products and performance coatings. RPM has a diverse portfolio of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, The Pink Stuff, Stonhard, Carboline, Finish Works, Tremco, Euclid Chemical, Dryvit and Nudura. From homes and workplaces to infrastructure and precious landmarks, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company employs approximately 17,500 individuals worldwide. Visit www.RPMinc.com to learn more.
For more information, contact Matt Schlarb, Vice President – Investor Relations & Sustainability, at 330-220-6064 or [email protected].
Forward-Looking Statements
This press release includes forward-looking statements relating to our business. These forward-looking statements, or other statements made by us, are made based on our expectations and beliefs concerning future events impacting us and are subject to uncertainties and factors (including those specified below), which are difficult to predict and, in many instances, are beyond our control. As a result, our actual results could differ materially from those expressed in or implied by any such forward-looking statements. These uncertainties and factors include (a) global and regional markets and general economic conditions, including uncertainties surrounding the volatility in financial markets, the availability of capital and the viability of banks and other financial institutions; (b) the prices, supply and availability of raw materials, including assorted pigments, resins, solvents, and other natural gas- and oil-based materials; packaging, including plastic and metal containers; and transportation services, including fuel surcharges; (c) continued growth in demand for our products; (d) legal, environmental and litigation risks inherent in our businesses and risks related to the adequacy of our insurance coverage for such matters; (e) the effect of changes in interest rates; (f) the effect of fluctuations in currency exchange rates upon our foreign operations; (g) changes in global trade policies, including the adoption or expansion of tariffs and trade barriers; (h) the effect of non-currency risks of investing in and conducting operations in foreign countries, including those relating to domestic and international political, social, economic and regulatory factors; (i) risks and uncertainties associated with our ongoing acquisition and divestiture activities; (j) the timing of and the realization of anticipated cost savings from restructuring initiatives, the ability to identify additional cost savings opportunities, and the risks of failing to meet any other objectives of our improvement plans; (k) risks related to the adequacy of our contingent liability reserves; (l) risks relating to a public health crisis similar to the Covid pandemic; (m) risks related to acts of war similar to the Middle East conflict and the Russian invasion of Ukraine; (n) risks related to the transition or physical impacts of climate change and other natural disasters or meeting sustainability-related voluntary goals or regulatory requirements; (o) risks related to our or our third parties' use of technology including AI, data breaches and data privacy violations; (p) the shift to remote work and online purchasing and the impact that has on residential and commercial real estate construction; and (q) other risks detailed in our filings with the Securities and Exchange Commission, including the risk factors set forth in our Annual Report on Form 10-K for the year ended May 31, 2026, as the same may be updated from time to time. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the filing date of this press release.
Canagold na projektu New Polaris oznámil dosud nejvyšší obsah Sb: 30,46 % antimonu a 49,10 g/t zlata na 1,21 m. V intervalu 13,2 m činil průměr 3,83 % Sb a 19,38 g/t Au.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") announces assay results from five drill holes completed as part of its recently concluded 14-hole resource infill and expansion drilling program targeting the high-grade antimony zone at its 100%-owned New Polaris Gold Project, located in northwestern British Columbia ("BC"), approximately 100 kilometres (km) south of Atlin, BC, and 60 km northeast of Juneau, Alaska.
The drill program was designed to further define and expand the high-grade antimony mineralization identified at New Polaris, while also evaluating its potential to contribute to the Project's gold resources. Highlights of the antimony and gold mineralization intersected in the five drill holes are summarized below, with complete drill-hole results and locations provided in Table 1 and Figure 1.
Highlights
3.83% Sb and 19.38 Au grams per tonne (g/t) Au over 13.20 meters (m) from 451.75 m down hole in hole NP26-01 including 1.21 m grading 30.46% Sb and 49.10 g/t Au. 3.90% Sb and 14.97 g/t Au over 6.06 m from 477.44 m down hole in hole NP26-02 including 0.83 m grading 24.68 % Sb and 29.0 g/t Au.3.30% Sb and 15.08 g/t Au over 3.91 m from 451.19 m down hole in hole NP26-03 including 1.81 m grading 6.99% Sb 26.3 g/t Au."These results are highly significant for New Polaris, representing the highest Sb grades over the greatest widths encountered at the Project to date," stated Catalin Kilofliski, Canagold's CEO. "Importantly, they suggest that the scale of the Sb mineralization may be substantially larger than we originally understood. This creates an opportunity to significantly expand the high-grade Sb and gold resources and, importantly, positions Sb as having the potential to become a meaningful contributor to the overall value and economics of New Polaris."
Table 1
Drill holeFrom (m)To (m)Interval (m)Sb (%)Au (g/t)NP26-01451.75464.9513.203.8319.38Including455.00456.211.2130.4649.10NP26-02477.44483.506.063.9014.97Including478.22479.050.8324.6829.00NP26-02487.50490.352.850.1117.10NP26-03451.19455.103.913.3015.08Including451.19453.001.816.9926.3NP26-05488.83493.564.731.505.76Including490.83491.560.738.5012.80*The New Polaris resource is contained within an Updated Resource report which was prepared by Moose Mountain Technical Services in the format prescribed by NI43-101 Standards of Disclosure for Mineral Projects, and filed on Sedar June 30,2023.
Hole IDUTM E
NAD83UTM N
NAD83Elev
(m)Azi
(deg)Dip
(deg) Depth
(m)NP26-0157933065070773090.68 -83.18479NP26-02579330650707730101.23-83.73515NP26-03579322650711032103.19-83.7480NP26-05579330650707730111.48-78.04516NP26-06B57933065070773079.71-86.25522Drill intercepts shown are core length as insufficient drilling and modelling has taken place to determine the true dip and strike orientation of the veins being intercepted.
Figure 1
The drilling program has been completed with 7,277m being drilled in 14 holes. The drilling has intersected multiple zones of mineralization in this area.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11878/316852_aeea4c1f842e3ab4_001full.jpg
Drill Core Sampling and Quality Assurance – Quality Control Program
Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab.
Diamond drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Lab is independent of the Company.
Qualified Person
In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.
About Canagold
Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.
"Catalin Kilofliski"
Catalin Kilofliski
Chief Executive Officer
Website: www.canagoldresources.com
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Illumina dosáhla nového 52týdenního maxima, když akcie vystoupaly až na 278,99 USD. Firma zároveň oznámila čtvrtletní EPS 1,31 USD a tržby 1,16 miliardy USD, obojí nad odhady.
Illumina, Inc. (NASDAQ:ILMN – Get Free Report) shares hit a new 52-week high on Tuesday. The company traded as high as $278.99 and last traded at $273.1990, with a volume of 227282 shares trading hands. The stock had previously closed at $271.90.
Analyst Upgrades and Downgrades A number of analysts have recently commented on the company. Royal Bank Of Canada upped their price objective on Illumina from $170.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Stifel Nicolaus lifted their target price on Illumina from $155.00 to $225.00 and gave the company a “buy” rating in a report on Friday, July 31st. Guggenheim lifted their target price on Illumina from $200.00 to $226.00 and gave the company a “buy” rating in a report on Friday, July 31st. Evercore reissued an “outperform” rating on shares of Illumina in a research report on Monday, July 6th. Finally, JPMorgan Chase & Co. upped their price target on Illumina from $220.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Ten investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $209.75.
View Our Latest Stock Report on Illumina
Illumina Trading Up 0.6% The firm’s 50 day simple moving average is $216.42 and its 200-day simple moving average is $173.83. The company has a market capitalization of $41.33 billion, a PE ratio of 51.06, a P/E/G ratio of 3.85 and a beta of 1.46. The company has a quick ratio of 1.40, a current ratio of 1.80 and a debt-to-equity ratio of 0.53. Illumina (NASDAQ:ILMN – Get Free Report) last issued its earnings results on Thursday, July 30th. The life sciences company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $0.08. Illumina had a net margin of 18.36% and a return on equity of 29.84%. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the firm posted $1.19 EPS. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. Illumina has set its FY 2026 guidance at 5.300-5.400 EPS. As a group, equities research analysts anticipate that Illumina, Inc. will post 5.36 EPS for the current year.
Insider Buying and Selling In other news, Director Keith Meister sold 457,858 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $200.10, for a total value of $91,617,385.80. Following the completion of the sale, the director owned 2,372,694 shares of the company’s stock, valued at $474,776,069.40. This represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 2,061,850 shares of company stock valued at $436,479,102 over the last 90 days. Company insiders own 2.90% of the company’s stock.
Institutional Investors Weigh In On Illumina Several hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. raised its stake in shares of Illumina by 8.1% during the second quarter. QRG Capital Management Inc. now owns 7,261 shares of the life sciences company’s stock valued at $1,277,000 after purchasing an additional 546 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of Illumina by 18.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,935 shares of the life sciences company’s stock worth $1,219,000 after purchasing an additional 1,090 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Illumina by 10.3% in the second quarter. Tidal Investments LLC now owns 93,728 shares of the life sciences company’s stock valued at $16,480,000 after purchasing an additional 8,726 shares during the period. MCF Advisors LLC boosted its stake in shares of Illumina by 172.4% in the second quarter. MCF Advisors LLC now owns 158 shares of the life sciences company’s stock valued at $28,000 after purchasing an additional 100 shares during the period. Finally, National Pension Service boosted its stake in shares of Illumina by 246.7% in the second quarter. National Pension Service now owns 369,856 shares of the life sciences company’s stock valued at $65,032,000 after purchasing an additional 263,172 shares during the period. 89.42% of the stock is currently owned by hedge funds and other institutional investors.
About Illumina (Get Free Report)
Illumina, Inc develops and manufactures technologies used to analyze genetic variation and biological function. Its products are primarily based on next-generation sequencing, a method that enables researchers and clinicians to read DNA and RNA for applications including genomic research, disease studies, drug development and clinical testing.
The company offers sequencing instruments, consumables such as reagent kits and flow cells, and related software and informatics solutions. Illumina also provides services and support designed to help customers prepare samples, run sequencing workflows, interpret genomic data and integrate results into research or clinical operations.
Founded in 1998 and headquartered in San Diego, California, Illumina serves customers worldwide, including academic and government research institutions, pharmaceutical and biotechnology companies, hospitals, clinical laboratories and other healthcare organizations.
Further Reading Five stocks we like better than Illumina Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test Receive News & Ratings for Illumina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Illumina and related companies with MarketBeat.com's FREE daily email newsletter.
Marvell oznámila rekordní tržby 2,739 mld. USD a zvýšila výhled, ale akcie jsou stále 19,9 % pod 52týdenním maximem 329,8 USD. Sráží je slabší nálada kolem AI.
Marvell just posted record revenue and raised guidance, yet its stock sits nearly 20% off its highs while AI sentiment drags it lower. Three upcoming catalysts could determine whether this gap closes or widens.
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Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) trades at $264.21, and pullbacks have tested the stock’s momentum. A sector-wide slide in AI hardware names this week, after a 214.95% one-year run, makes this the moment to settle on a view.
Marvell designs custom AI chips, optical interconnects and Ethernet switches for hyperscale data centers. Data Center revenue hit $2.17 billion last quarter, up 46% year over year and now 79% of sales. Record total revenue of $2.739 billion exceeded estimates. Management also raised guidance and expanded its custom silicon deal with Google parent Alphabet (NASDAQ:GOOGL), which includes a warrant for up to 7% of Marvell’s shares tied to revenue milestones.
Accelerating Growth Drives a Wave of Estimate Hikes Third-quarter revenue guidance of $3.15 billion implies more than 50% growth at the midpoint, with Data Center up roughly 75%. Fiscal 2027 revenue is now expected near $12 billion, and fiscal 2028 growth was raised to approximately 50%. Management expects the custom business to more than double in fiscal 2028.
Analysts have raised estimates. The fiscal 2028 EPS consensus rose to $6.7609 from $6.2425 a month ago, with 33 upward revisions against one cut. A PEG ratio of 1.387 suggests growth justifies the premium, and the upcoming Investor Day should measure the Google opportunity beyond fiscal 2028.
Premium Multiple Leaves Little Room for Stumbles Shares trade at 83x trailing earnings with a beta of 2.253, so any wobble in AI spending hits hard. A handful of hyperscalers drive revenue, and customers could build more silicon in-house. Third-quarter non-GAAP gross margin guidance of 57.5% to 58.5% reflects mix pressure from the custom ramp.
The $120 billion cumulative Google figure depends on milestones, and the warrant means dilution if those milestones are hit. Stock-based compensation rose to $207.6 million in the first quarter from $142.1 million a year earlier, alongside $4.963 billion of long-term debt.
Investor Day Detail Could Decide the Next Move Recent beats were narrow, with revenue just 1.20% above consensus. The stock still sits 19.9% below its $329.8 52-week high, a sign that enthusiasm has already cooled once. Investors will look for fiscal 2029 custom targets and confirmation that the business delivers $1.05 to $1.15 in third-quarter EPS while communications revenue dips.
Wall Street Still Sees Upside After a Triple-Digit Run The consensus target of $290.97 implies 10.1% upside from $264.21 across 44 analysts. Targets are one data point, and they can lag fast-moving stocks.
Strong Buy: 8 Buy: 31 Hold: 5 Sell: 0 Marvell is up 211.36% year to date versus 11.81% for the S&P 500. Over the past month it gained 24.83% while the index slipped 0.6%. The forward P/E stands at 62x. Runs like this are what we reverse-engineered in a free playbook on spotting the next Nvidia-style winner early.
Custom Silicon Scaling Sets Up Three Key Catalysts Marvell trades at $264.21.
The path higher runs through three catalysts: Investor Day details on fiscal 2029 custom revenue, a third-quarter report that confirms growth above 50%, and operating margin reaching the 38% to 40% target range in the fourth quarter. Each one helps earnings catch up to the multiple.
Volatility comes with the stock. Selloffs driven by sector sentiment, like this week’s slide in AI names, have pressured shares of a business whose estimates keep moving up.
The thesis breaks if hyperscalers cut capital spending, custom ramps slip, or margins fall below guidance. Keep an eye on gross margin and Data Center growth each quarter.
Rising estimates and a expanding custom pipeline keep fundamentals at the center of the Marvell story as sentiment-driven dips come and go.
Contact [email protected] for any questions or corrections.
Uranium Energy Corp. (NYSEAMERICAN:UEC – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $9.21, but opened at $9.91. Uranium Energy shares last traded at $9.2430, with a volume of 2,210,294 shares traded.
Key Stories Impacting Uranium Energy Here are the key news stories impacting Uranium Energy this week:
Positive Sentiment: UEC reported a 157% quarter-over-quarter production increase to 82,744 pounds, while total cost per pound declined 33% to $36.54. Christensen Ranch production doubled, and the company is ramping Burke Hollow and advancing the Ludeman project. Uranium Energy Corp Reports Fiscal 2026 Results Positive Sentiment: The company achieved a peer-leading realized uranium price of $93.13 per pound through its unhedged sales strategy and ended fiscal 2026 with approximately $753 million in liquid assets and no debt. This gives UEC financial flexibility to expand U.S. production. UEC Q4 Earnings Call Highlights Positive Sentiment: Management highlighted growing U.S. government demand, including potential National Nuclear Security Administration demand of about 4 million pounds annually beginning in 2030. HC Wainwright reaffirmed its Buy rating and set a $26.75 price target. Uranium Energy Outlines NNSA Demand Neutral Sentiment: UEC benefited from broader strength across uranium and nuclear stocks, including gains in the Global X Uranium ETF, suggesting part of the move reflects sector momentum rather than company-specific developments. Nuclear Stocks Advance Negative Sentiment: The fiscal fourth-quarter loss of $0.12 per share was substantially worse than the roughly $0.04 analyst estimate, despite $17.05 million in revenue exceeding expectations. The earnings miss caused the stock’s initial post-results advance to reverse. UEC Fiscal Fourth-Quarter Earnings Negative Sentiment: One analyst argues that UEC’s valuation already discounts much of the operational improvement, leaving the stock vulnerable if uranium prices weaken or production ramps take longer than expected. Uranium Energy Valuation Analysis Analyst Ratings Changes Several analysts recently weighed in on UEC shares. Jefferies Financial Group assumed coverage on shares of Uranium Energy in a report on Thursday, September 3rd. They issued a “hold” rating and a $11.50 target price on the stock. HC Wainwright reiterated a “buy” rating and set a $26.75 price target on shares of Uranium Energy in a report on Wednesday. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $16.00 price objective on shares of Uranium Energy in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.04.
Get Our Latest Report on UEC Uranium Energy Stock Performance The company has a 50-day moving average price of $10.84 and a 200-day moving average price of $12.08. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of -33.75 and a beta of 1.23.
Uranium Energy (NYSEAMERICAN:UEC – Get Free Report) last issued its earnings results on Tuesday, September 29th. The basic materials company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The firm had revenue of $17.05 million during the quarter, compared to analyst estimates of $9.00 million. On average, research analysts expect that Uranium Energy Corp. will post 0.02 earnings per share for the current fiscal year.
Institutional Trading of Uranium Energy Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Uranium Energy in the 2nd quarter valued at $432,676,000. Van ECK Associates Corp lifted its position in Uranium Energy by 21.8% in the second quarter. Van ECK Associates Corp now owns 29,034,465 shares of the basic materials company’s stock valued at $309,507,000 after acquiring an additional 5,191,738 shares during the last quarter. Alps Advisors Inc. lifted its position in Uranium Energy by 16.3% in the fourth quarter. Alps Advisors Inc. now owns 17,462,284 shares of the basic materials company’s stock valued at $203,959,000 after acquiring an additional 2,453,744 shares during the last quarter. Geode Capital Management LLC boosted its stake in Uranium Energy by 13.4% in the fourth quarter. Geode Capital Management LLC now owns 11,449,334 shares of the basic materials company’s stock valued at $133,751,000 after acquiring an additional 1,355,701 shares in the last quarter. Finally, Norges Bank acquired a new position in Uranium Energy in the fourth quarter valued at $118,019,000. Institutional investors and hedge funds own 62.28% of the company’s stock.
About Uranium Energy (Get Free Report)
Uranium Energy Corp. is a uranium mining and exploration company headquartered in Corpus Christi, Texas. The company focuses on the acquisition, development and operation of uranium projects, with an emphasis on in-situ recovery (ISR), a mining method that extracts uranium from underground deposits without conventional open-pit or underground mining. Its operations and development portfolio are primarily located in the United States, including projects in Texas and Wyoming.
UEC’s U.S. assets include ISR projects, processing facilities and associated resource properties.
Further Reading Five stocks we like better than Uranium Energy Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test Receive News & Ratings for Uranium Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uranium Energy and related companies with MarketBeat.com's FREE daily email newsletter.
Těžaři bitcoinu čelí ztrátám, protože průměrné hotovostní náklady ve 2. čtvrtletí byly asi 75 500 USD na minci, zatímco bitcoin v červnu skončil na 58 400 USD. Mnozí proto pronajímají kapacity pro AI, kde je výnos na megawatt výrazně vyšší.
It cost bitcoin miners an average of about $75,500 in cash to produce one coin in the second quarter. Meanwhile, bitcoin itself ended June at $58,400, less than half its October 2025 record high. That gap pushed publicly traded miners below cash breakeven as a group, according to CoinShares’ Q2 2026 Bitcoin Mining Report by Luke Nolan. Cash cost covers day-to-day spending such as power, staff and interest, but not equipment wear.
Key Takeaways: Listed miners spent about $75,500 in cash per bitcoin last quarter, well above the coin’s June close. Grid delays and state restrictions have turned existing power connections into a scarce asset for AI data centers. WGMI broadened its strategy in August to include data centers, AI chipmakers and power producers alongside miners. See more: Why Bitcoin Miners Stopped Tracking Bitcoin’s Price
Rather than wait out the slump, many miners are renting their power sites to AI and high-performance computing (HPC) customers. The report estimates AI computing earns about $1.5 million in yearly profit per megawatt of power, versus $0.5 million for mining.
The shift is changing what investors own when they buy mining stocks. Companies with signed AI or HPC contracts traded at an average 12.9 times expected sales for the next year, the report found. Miners without such contracts, by contrast, averaged 3.7 times. In other words, the market values those miners at less than a third as much per dollar of sales.
Power is now the scarce resource. At least 151 restrictions on data center development remain in force across the U.S., the report showed. New York, for example, enacted the first statewide pause on permits for large data centers in July.
Power projects totaling about 2,600 gigawatts are also waiting to connect to the U.S. grid, the report said. That backlog is roughly double the grid’s installed capacity.
As a result, prices have climbed for sites that already have power. A $3.5 billion deal for three leased Northern Virginia AI facilities worked out to about $27 million per megawatt, the report noted. By comparison, the market values some listed miners’ powered but unleased sites at less than $3 million per megawatt.
Bitcoin Miners Pay to Stop Mining Some companies are paying to exit. Core Scientific, Inc. (CORZ) paid $41.9 million to cancel an order for next-generation mining chips, according to the report. Those chips are the most efficient mining hardware produced to date.
Mining brings in about 13% of the company’s revenue as it converts sites for AI use, the report said. Its remaining machines run at a loss, only to use up power it has already agreed to buy.
Keel Infrastructure Corp. (KEEL), formerly Bitfarms, stopped mining on June 29, according to the report. That makes it the first listed miner headed for zero mining revenue, starting in the third quarter.
At IREN Ltd. (IREN), AI cloud revenue of $70.5 million topped mining revenue of $66.7 million for the first time, per the report.
Most of the sector’s contracted AI revenue has not arrived yet, though. More than $100 billion in disclosed contracts supports only about $1.1 billion in yearly AI and HPC revenue, according to the report.
Several of these miners anchor the CoinShares Bitcoin Mining and Digital Power ETF (WGMI). Eight of the report’s 12 companies ranked among its top 10 holdings as of September 29, CoinShares data show.
On August 18, the fund broadened its strategy to include data center operators, AI chipmakers, power producers and HPC firms. The actively managed ETF does not, however, hold bitcoin directly, CoinShares said.
WGMI held $291.5 million in assets as of September 28 and charges a 0.75% expense ratio, according to CoinShares.
Cipher Digital Inc. (CIFR), the fund’s largest holding, will likely exit mining by the end of 2027, the report said. In the first half, it sold $123.4 million of bitcoin at a $47.7 million loss to help fund buildings for data center tenants.
For more news, information, and strategy, visit the CoinShares Crypto ETF Hub.
Investment reinforces Kyndryl's commitment to advancing customer innovation and AI adoption across the United States
, /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the opening of its first U.S. AI Innovation Lab in the Dallas-Fort Worth area. The investment is expected to create up to 300 highly skilled jobs in AI, technology consulting and design engineering over the next four years. The Lab also reinforces Kyndryl's long-term commitment to America's digital future and to advancing innovation, workforce development and customer engagement in the U.S.
"The future of AI will be built through collaboration, and our AI Innovation Lab in Dallas brings customers together with Kyndryl experts to unlock the full value of AI while strengthening America's innovation ecosystem," said Jamie Rutledge, President, Kyndryl U.S. "Powered by the Kyndryl Agentic AI Framework and our deep consulting, engineering and infrastructure expertise, the Lab gives customers a hands-on environment to experiment, innovate and turn ideas into outcomes with greater speed and confidence."
The Kyndryl AI Innovation Lab in Dallas will focus on helping customers modernize their technology environments for AI. Kyndryl's latest modernization research found that 34% of organizations are modernizing to enable AI capabilities, making it a larger driver of modernization than cost reduction (29%). The research also found that AI is increasing demand across cloud, mainframe, network and edge environments, reinforcing that modernization is more than a legacy-retirement exercise – it is the foundation for enabling AI at scale.
The Lab will use a repeatable method that combines the company's Agentic AI Framework with Kyndryl Consult and AI services, infrastructure and engineering expertise, and Kyndryl Vital's design-led transformation practice. Through an immersive, four-phase approach — customer immersion, co-design, build and roadmap — customers will work alongside Kyndryl experts through workshops, rapid prototyping and engineering co-creation to solve business challenges where AI can deliver measurable impact. Together, they will validate ideas, design future workflows and rapidly advance from exploratory use cases to working prototypes in days, creating a clear path from prototype to production and helping customers deploy AI-enabled workflows across a customer's business at scale.
"Kyndryl is a pioneering company that could have chosen any market in the United States, and its decision to establish a major innovation hub in Frisco underscores the strength of our community and the reputation we've earned as one of the best places in the country for growth, innovation, and exceptional talent," said Mayor Mark Hill, City of Frisco.
Beyond accelerating customers' AI adoption journeys, the Kyndryl AI Innovation Lab in Dallas will serve as a catalyst for workforce development, community engagement and public sector innovation across Texas, including:
Building an AI talent pipeline: Kyndryl is partnering with NPower, Dallas AI, Tech Titans and other local organizations to expand access to AI and emerging technology skills, creating new career pathways while strengthening the region's innovation ecosystem. As an inaugural supporter of NPower's AI training program, Kyndryl is helping equip learners with practical skills in areas such as prompt engineering and automation. Advancing motor vehicle services: The AI Innovation Lab in Dallas will be home to a specialized team focused on Kyndryl's DMV solutions, supporting motor vehicle agencies across the United States. Kyndryl experts will develop reusable code and deployment best practices, apply AI to enhance solution development and testing, and give customers an environment to experience demonstrations of Kyndryl's DMV capabilities. The Lab will also showcase Kyndryl's Cyber Defense Operations Center capability, a next-generation command hub that unifies network and security operations to provide real-time visibility, monitoring and collaborative analysis across complex IT environments. By combining AI-enabled insights, automation and Kyndryl's deep cybersecurity and network expertise, the integrated operating model helps customers accelerate incident response, strengthen resilience and improve overall IT performance.
Kyndryl experts at the AI Innovation Lab in Dallas will also help customers modernize and secure their IT operations and infrastructure to take advantage of the transformative opportunities enabled by Frontier AI models.
The Kyndryl AI Innovation Lab in Dallas joins the company's expanding global lab network – including locations in the United Kingdom and Luxembourg – where Kyndryl experts guide customers through immersive experiences designed to help turn their AI ambitions into reality.
Learn about the Kyndryl AI Innovation Labs.
About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.
Kyndryl Press Contact
[email protected]
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon. All statements other than statements of historical fact, including without limitation statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, are forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, including those described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K, and may be further updated from time to time in the Company's subsequent filings with the Securities and Exchange Commission.
Premier Graphene a HGI obdržely platbu za první splněnou zakázku pro SEDENA, která zahrnovala dodávku 98 vojenských opasků. Uznání tržeb zatím čeká na posouzení.
Premier Graphene Inc. and Affiliate HGI Industrial Technologies S.A.P.I. de C.V. Receive Payment for Mexican Military Purchase Order
Key Highlights: Payment received: Premier and HGI completed delivery of 98 military waist belts for SEDENA and received payment.
Manufacturing expansion: HGI and Nova Graphene signed a joint venture agreement for a Mexican plant; financing is pending, and the facility is not operational.
Conditions remain: Revenue recognition awaits review, and Premier’s planned U.S. procurement activities depend on obtaining required certification.
PR Audio:
Mexico City, Mexico, October 1, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – Premier Graphene Inc. (OTC: BIEI) (the “Company” or “Premier”), together with its affiliate and strategic partner HGI Industrial Technologies S.A.P.I. de C.V. (“HGI”), today announced that payment was received on the first purchase order fulfilled by HGI and Premier for Mexico’s Secretaría de la Defensa Nacional (SEDENA).
Premier Graphene (OTC: BIEI) and affiliate HGI received payment for their first fulfilled purchase order for Mexico’s defense ministry, SEDENA, covering 98 military waist belts The purchase order, documented under Remisión No. 001 dated May 8, 2026, involved the manufacture and delivery of 98 military waist belts (fajillas), consisting of:
• 35 units — Fajilla with TE-3A belt
• 35 units — Fajilla with NC belt
• 28 units — Fajilla with TE-3 belt
The fulfillment of these 3 separate contracts, while profitable, more significantly, demonstrated to the Mexican government, the professionalism of Premier and its team, coupled with the capacity to competently and expeditiously, deliver quality, compliant products and fulfill all responsibilities, paving the way to more significant and far more profitable contracts.
The accounting treatment, classification, and timing of any related revenue remains subject to determination by the Company’s management and independent auditors, in accordance with U.S. generally accepted accounting principles (GAAP).
HGI Industrial Technologies continues expanding its manufacturing and commercial operations in Mexico, while Premier Graphene Inc. is developing its position as a publicly traded company with exposure to advanced materials, graphene-related technologies, and strategic manufacturing opportunities.
“This payment marks another important milestone for HGI and Premier Graphene,” said Pedro A. Méndez, President of Premier Graphene Inc. and HGI Industrial Technologies S.A.P.I. de C.V. “Our focus has always been on turning opportunities into actual purchase orders, delivering the products, and ultimately converting those orders into collected revenue. Receiving payment is an important part of that process.”
The Companies expect to continue building upon their existing commercial relationships while pursuing additional opportunities in Mexico and international markets.
As part of their broader strategic development, HGI Industrial Technologies S.A.P.I. de C.V. and Nova Graphene Inc. are moving forward under a signed Joint Venture agreement focused on establishing a dedicated manufacturing plant in Mexico. The Joint Venture agreement was signed approximately one month ago, and the parties are currently awaiting financing to proceed with the planned facility. The facility is intended to support the production of advanced graphene-related and protective products for Mexico and international markets, subject to securing adequate financing. The planned plant is not yet operational.
Nova Graphene has tested and NIJ-certified ballistic plate products at Level III-A and Level IV, along with additional military applications and advanced materials. The planned manufacturing platform in Mexico is intended to build upon these existing technologies and capabilities and, if financed and established, could support production and commercial opportunities in Mexico, the United States, Europe, and Middle Eastern markets, subject to applicable financing, regulatory, and certification requirements.
Premier Graphene Inc. expects to pursue U.S. industrial and military procurement opportunities, including next-generation graphene-enhanced protective vests and other graphene-enhanced military products, as part of its broader North American market strategy. These activities are subject to Premier Graphene Inc. obtaining at least one type of required certification which has not yet been obtained. Despite the probability of receiving all such certifications, there can be no assurance that all will be received and thus all such opportunities will be realized.
About HGI Industrial Technologies S.A.P.I. de C.V.
HGI Industrial Technologies S.A.P.I. de C.V. is a Mexican technology and industrial solutions company focused on advanced materials, specialized manufacturing, graphene technologies, and related products serving commercial and strategic markets. HGI is a strategic partner and affiliate of Premier Graphene Inc.
About Premier Graphene Inc. (OTC: BIEI)
Premier Graphene Inc. (OTC: BIEI) is a publicly traded company focused on the commercialization and development of advanced materials, graphene technologies, industrial solutions, manufacturing, and related technologies through strategic partnerships and commercial initiatives.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the companies’ future business activities, anticipated commercial opportunities, planned manufacturing operations and the proposed manufacturing plant in Mexico, market development, and future revenue and profitability. Words such as “anticipates,” “expects,” “believes,” “plans,” “intends,” “may,” “will,” “could,” “should,” and similar expressions are intended to identify forward-looking statements. These statements are based on management’s current expectations, estimates, and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, but not limited to, the timing and recognition of revenue; the companies’ ability to perform under, and collect payment on, purchase orders and contracts; changes in customer and governmental purchaser requirements; the receipt, timing, scope, and maintenance of regulatory certifications and authorizations, including export and import approvals; the availability of capital and financing for the planned manufacturing plant and other initiatives; competitive and market conditions; and other risks beyond the companies’ control. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and to review the companies’ public filings and disclosures. Premier Graphene Inc. and HGI Industrial Technologies S.A.P.I. de C.V. undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
Media Contact:
Pedro Mendez, President
Premier Graphene Inc. / HGI Industrial Technologies S.A.P.I. de C.V.
Website: https://premiergrapheneinc.com/
Email: [email protected]
Investor Relations: [email protected]
Source: Premier Graphene Inc.
The latest news and updates relating to $BIEI are available at the company’s newsroom: https://tinyurl.com/bieinewsroom
Trane Technologies spustila první rezidenční tepelná čerpadla pro chladné klima, která udrží 100% topný výkon do 5 °F a fungují až do -20 °F. Novinky jsou určeny pro značky Trane a American Standard.
Trane Technologies Introduces Residential Cold Climate Heat Pumps Built for Extreme Winter Performance Trane Technologies (NYSE: TT), a global climate innovator, today announced the launch of advanced residential cold climate heat pumps across its Trane® and American Standard® Heating & Air Conditioning brands: Trane’s 20 TruComfort™ Cold Climate Heat Pump with WeatherGuard™ and American Standard’s AccuComfort™ Platinum 20 Cold Climate Heat Pump with All Weather®.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261001869249/en/
Trane’s new cold climate heat pump showcases innovation designed to deliver reliable comfort and efficiency in extreme winter conditions.
The launch marks Trane Technologies’ first cold climate heat pumps engineered and manufactured for the residential market, a significant milestone that advances the transition to high-efficiency, all-electric and home comfort. Designed for harsh winter conditions, both systems maintain 100% heating capacity down to 5°F and continue operating in temperatures as low as -20°F, while delivering year-round heating and cooling. These systems are also designed to work in duel-fuel capacity for homes with furnaces.
The new cold climate heat pumps successfully surpassed the performance requirements of the U.S. Department of Energy's (DOE) Residential Cold Climate Heat Pump Technology Challenge, a rigorous, industry-wide initiative to accelerate the development of heat pumps capable of reliable performance in some of the coldest regions of the United States. The systems were further validated through nearly 18,000 hours of field testing in homes in Minnesota, Montana, New York, Pennsylvania, Wisconsin and Texas, with outdoor temperatures reaching as low as -21°F.
“This launch marks an important step in making residential electrification practical for more homeowners,” said Mark Majocha, President, Residential HVAC, Trane Technologies. “For years, extreme cold has been seen as the limit of what heat pumps could achieve. We are redefining that expectation with innovative heat pump systems designed to deliver the efficiency, intelligence and reliable performance homeowners need to confidently move toward all-electric comfort. We are proud to help expand access to more sustainable homes without compromising comfort or peace of mind.”
Engineered for Cold Climate Performance
Both Trane’s TruComfort™ and American Standard’s AccuComfort™ systems feature variable speed operation designed to deliver precise, reliable comfort and increased energy efficiency across a wide operating range, including:
Continuous heating operation from -20°F to 66°FCooling operation across a wide ambient range of 55°F to 115°FVariable speed compressor operation that continually adjusts in increments as fine as 0.1% for precise comfort deliveryAdvanced airflow algorithms delivering supply air temperatures up to 110°FReduced reliance on backup electric heatConnected, Intelligent Home Comfort
Both systems are designed for Link® communicating technology, enabling a fully communicating system that helps optimize performance, enhances homeowner control and integrates seamlessly with Trane and American Standard smart thermostats and indoor air quality solutions. Trane’s TruComfort™ and American Standard’s AccuComfort™ variable-speed technology continuously adjusts compressor speed to match the home's needs, supporting more precise temperature control, quieter operation and improved energy efficiency.
For dealers, integrated connectivity enables advanced remote diagnostics and improved system visibility. Both units are also zoning capable when paired with Link®-enabled indoor equipment.
Availability
Trane’s 20 TruComfort™ and American Standard’s AccuComfort™ Variable Speed Platinum 20 Cold Climate Heat Pumps are available this fall. The systems are backed by a limited warranty covering the compressor for up to 12 years and the outdoor coil and parts for up to 10 years with registration.
For more information, visit www.trane.com or www.americanstandardair.com.
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.
Forward Looking Statements
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our residential cold climate heat pump product and service innovations and the anticipated benefits of these innovations. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2025, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261001869249/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Conagra Brands, Inc. (CAG) Q1 2027 Earnings Call September 29, 2026 8:00 PM EDT
Company Participants
Matthew Neisius - Senior Director of Investor Relations
John Brase - CEO, President & Director
David Marberger - Executive VP & CFO
Presentation
Matthew Neisius
Senior Director of Investor Relations
Good morning. Thank you for listening to our prepared remarks for the Conagra Brands First Quarter Fiscal 2027 Earnings. At 9:30 a.m. Eastern this morning, we will hold a separate live question-and-answer session on today's results, which you can access via webcast on our Investor Relations website. Our press release, presentation materials and a transcript of these prepared remarks are also available there. In our presentation this morning, John Brase, our CEO, and Dave Marberger, our CFO, will be making some forward-looking statements.
And while we're making those statements in good faith based on current information, we don't have any guarantee about the results we'll achieve. Descriptions of our risk factors are included in our filings with the SEC. We'll also be discussing some non-GAAP financial measures. GAAP to non-GAAP reconciliations and information on our comparability items are in our earnings release and presentation materials in the Investor Relations section of our website. I'll now turn the call over to John.
John Brase
CEO, President & Director
Good morning, everyone, and thank you for joining us. When we last spoke in July, I outlined the priorities that I believe will strengthen Conagra and position the business for sustainable growth. After spending the quarter working closely with our teams and engaging across the organization, I'm even more confident that we're focused on the right opportunities and taking the right actions. There are 3 points I'd like you to take away from today. First, we delivered a solid start to the fiscal year despite a challenging operating environment. Dave and I will get into the details here shortly. But
Acuity (AYI - Free Report) came out with quarterly earnings of $5.77 per share, beating the Zacks Consensus Estimate of $5.53 per share. This compares to earnings of $5.2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.34%. A quarter ago, it was expected that this lighting maker would post earnings of $5.2 per share when it actually produced earnings of $5.31, delivering a surprise of +2.12%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Acuity, which belongs to the Zacks Technology Services industry, posted revenues of $1.24 billion for the quarter ended August 2026, missing the Zacks Consensus Estimate by 0.6%. This compares to year-ago revenues of $1.21 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Acuity shares have lost about 14% since the beginning of the year versus the S&P 500's gain of 11.8%.
What's Next for Acuity?While Acuity has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Acuity was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.09 on $1.18 billion in revenues for the coming quarter and $21.41 on $4.86 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Coursera (COUR - Free Report) , is yet to report results for the quarter ended September 2026.
This online learning platform is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of +90%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Coursera's revenues are expected to be $368.93 million, up 90% from the year-ago quarter.
Studie v The Journal of Molecular Diagnostics ukázala, že Haystack MRD dosáhl u kolorektálního karcinomu 100% specificity bez falešně pozitivních výsledků při 3letém i 5letém sledování a senzitivity 100 % a 83,3 %.
Test showed 100% specificity, with no false-positive results in the cohort, at both 3- and 5-year follow-up, and sensitivity of 100% and 83.3%, respectively, for predicting disease recurrence
, /PRNewswire/ -- A new study published in The Journal of Molecular Diagnostics showed that the Haystack MRD® test is highly accurate at detecting residual and recurrent disease, demonstrating clinical performance in specimens from the landmark DYNAMIC colorectal cancer trial series. The study also validated the test’s analytical performance across 23 solid tumor types. Provided by Quest Diagnostics (NYSE: DGX), Haystack MRD is an ultrasensitive circulating tumor DNA (ctDNA) liquid biopsy test for identifying residual or recurrent disease in patients with solid tumor cancers.
The study evaluated the clinical performance of the commercially available Haystack MRD test by retrospectively testing residual specimens from patients enrolled in the DYNAMIC and DYNAMIC-III trials, which evaluated the use of ctDNA-based MRD results (generated with an earlier version of the Haystack MRD technology) to guide chemotherapy decisions in stage II and III colorectal cancer. In this cohort, Haystack MRD results were highly associated with recurrence, demonstrating 100% sensitivity and 100% specificity at 3-year follow-up and 83.3% sensitivity and 100% specificity at 5-year follow-up. Haystack MRD also substantially outperformed carcinoembryonic antigen (CEA), a standard blood-based biomarker, detecting recurrence with 88.9% sensitivity versus 11.1% for CEA (median follow-up 60 months).
Scientists from Quest and Haystack Oncology conducted the study together with investigators from the two institutions that led the DYNAMIC trials: The Walter and Eliza Hall Institute of Medical Research and the Peter MacCallum Cancer Center in Melbourne, Australia.
"The DYNAMIC trial demonstrated the potential for ctDNA to guide more individualized treatment decisions in stage II colon cancer but realizing that potential depends on a highly sensitive assay that can reliably detect the extremely small amounts of tumor DNA that may remain after treatment, while maintaining high specificity," said Professor Jeanne Tie,* a medical oncologist at Peter MacCallum Cancer Centre and lead investigator for the DYNAMIC trial series. "This study helps bridge the gap between clinical research and real-world patient care."
In other key findings, Haystack MRD:
Demonstrated ultrasensitive detection of residual disease, with a 95% limit of detection (LoD95) of 0.063 mean ctDNA molecules per milliliter (mL) of plasma. Earlier validation established an LoD95 of 6 parts per million (PPM), a metric commonly reported for tumor-informed MRD assays1. Achieved sub-PPM detection of 0.8 PPM, and as low as 0.2 PPM in some samples, with no false positives in cancer-free controls using an investigational whole-genome version of the test. This whole-genome version is currently only available to clinical investigators and biopharma partners while the commercial test uses whole-exome sequencing. Established a limit of quantitation (LOQ) suitable for response monitoring of 0.25 mean ctDNA molecules per mL. Establishing the LOQ allows a change in a patient's ctDNA level between serial tests to be interpreted as a real change in tumor burden rather than assay variability. Demonstrated analytical performance across the complete testing process, starting from plasma collection and including cell free (cf) DNA extraction, rather than starting with already extracted cfDNA. As a result, analytical performance can be directly translated to clinical performance, versus assay validations that begin with extracted cfDNA and do not account for extraction variability. "To our knowledge, this is the first time that the full ctDNA MRD testing process, starting from plasma collection and including cfDNA extraction, has been characterized for the limit of detection (at 95%) and quantitative analytical performance," said study co-author Dan Edelstein, Vice President and General Manager, Haystack Oncology. "The precise quantitative measurements demonstrated in this validation provide confidence that the Haystack MRD test accurately measures changes in ctDNA levels over time and can be used for serial ctDNA monitoring during and after treatment. With these insights, clinicians can understand the degree of change in ctDNA levels related to tumor biology in an individual patient, supporting earlier evaluation of treatment response and detection of molecular progression or recurrence."
In addition, the study examined a real-world clinical cohort from an Early Experience program in which Haystack MRD detected ctDNA across 27 solid tumor types, including at ultra-low concentrations, with 42% of positive results below 0.5 mean ctDNA molecules/mL.
The new study adds to the growing body of evidence supporting the clinical value of Haystack MRD, following two studies published in The New England Journal of Medicine. Published in 2022, DYNAMIC was the first prospective, interventional study to demonstrate the clinical utility of ctDNA-based MRD testing to reduce the use of chemotherapy in stage II colon cancer without compromising recurrence-free survival. In 2025, a study on response to immunotherapy in mismatch repair-deficient cancers found that the Haystack MRD test was a "reliable liquid biopsy surrogate" that identified clinical complete response at a median of 1.4 months, compared with more than 6 months using imaging.
*Dr. Tie has served as an advisor and consultant for Haystack Oncology.
About Quest Diagnostics
Quest Diagnostics works across healthcare to create a healthier world, one life at a time. We connect people, from clinicians to consumers, with laboratory insights that illuminate a path to better health. With a focus on delivering smarter, simpler testing, we help reveal new avenues to identify and treat disease, empower healthy behaviors and improve healthcare management. Quest Diagnostics serves half the physicians and hospitals in the United States and one in three American adults each year, and our nearly 60,000 employees work together to deliver diagnostic insights that inspire actions to transform lives. www.QuestDiagnostics.com
About Haystack Oncology
Haystack Oncology represents the culmination of over 20 years of collaboration to advance technical and clinical development in liquid biopsy technologies by cancer genomics pioneers at Johns Hopkins School of Medicine. The company, a wholly owned subsidiary of Quest Diagnostics, developed Haystack MRD, a tumor-informed, next-generation MRD test that detects ultralow levels of ctDNA to uncover residual or recurrent disease with exceptional sensitivity and specificity. Haystack Oncology works with biopharmaceutical companies to accelerate and inform clinical development programs and advance important therapeutics to global markets, from early phase clinical development to companion diagnostics. Haystack MRD was developed and validated in a CLIA-certified laboratory and is available for commercial use as a lab-developed test (LDT) by Quest Diagnostics. The FDA granted Haystack MRD Dx Breakthrough Device Designation in 2025 for use in Stage II colorectal cancer. Haystack MRD is also available for clinical trials as an investigational device by Haystack Oncology in laboratories located in Baltimore, Maryland; Hamburg, Germany; and Helsinki, Finland. Haystack MRD is now authorized for patient access in all 50 U.S. states. www.haystackmrd.com
Prathapam R, Champion K, Blakely K, et al. Analytical validation of the Haystack MRD assay for the detection of extremely low ctDNA in solid tumor patients. Poster presented at: Association for Molecular Pathology 2024 Annual Meeting and Expo; November 19, 2024; Vancouver, BC, Canada. doi:10.1016/S1525-1578(24)00232-0 SOURCE Quest Diagnostics
Apollo rozšířila denní oceňování na další investory napříč svým úvěrovým byznysem za 850 miliard USD, aby zvýšila transparentnost soukromého úvěru. Oceňování na úrovni jednotlivých aktiv má být dostupné od 30. října 2026.
Builds on July 1 Launch for Investment-Grade Fixed Income Replacement Product Suite, Complements Data Standardization and Secondary Trading Initiatives
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it has begun providing Daily Pricing information to additional investors across its $850 billion credit business, marking another step in the firm’s broader efforts to build a more transparent private credit market. Apollo launched Daily Pricing for investors in its investment-grade Fixed Income Replacement product suite on July 1, 2026, and has now extended the initiative across various direct lending, asset-backed finance, multi-credit and opportunistic credit vehicles. Asset-level pricing for applicable funds is expected to be made available to investors beginning on October 30, 2026.
The initiative reflects the continued evolution of private credit toward the pricing, data and market making infrastructure familiar in other established credit markets. More frequent pricing, standardized asset-level information and secondary trading are complementary parts of that development, designed to help investors evaluate and manage private credit alongside their public market investments.
John Zito, Co-President of Apollo Asset Management, said, “As public and private markets continue to converge, investors increasingly expect a more consistent experience across their portfolios. That requires more timely pricing information, standardized data and the infrastructure to support more efficient market making. Daily pricing is another step in that evolution. Together with our broader efforts, it is designed to give investors greater visibility into their holdings and support their ability to participate in private markets with confidence. We believe greater transparency supports a better experience for all market participants and the broader financial system.”
The expansion complements Apollo’s other initiatives to strengthen private market infrastructure. In March 2026, Apollo partnered with Intercontinental Exchange to launch ICE Private Credit Intelligence, which has introduced unique asset identifiers, ICE IDs. The ICE IDs will be leveraged to offer standardized reference data sets, as well as analytics and independent pricing on private assets over time. To date, over 5,000 ICE IDs have been created. Apollo’s dedicated secondary trading desk, launched in 2024, has also facilitated over $30 billion of trading volume to date with a growing number of partners, demonstrating how price discovery can support the continued evolution of private markets.
Together, these initiatives are intended to support greater transparency, broader participation and modern product structures as private credit becomes a more established component of investor portfolios.
Daily Pricing is available to investors through Apollo’s investor portal. Where information relates to a registered fund, it is published through the channels applicable to that vehicle.
Daily Pricing refers to an estimated fair value for a fund, portfolio, asset, security or other investment position, calculated as of a specified date. Daily Pricing is not a market-clearing price and is based on Apollo’s internal pricing methodology and benchmarked to relevant public market data. Daily Pricing is provided solely for informational and transparency purposes and is not intended to constitute a definitive valuation or to serve as a basis for any investment decision, subscription, redemption, transaction or other action.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2026, Apollo had approximately $1.05 trillion of assets under management. To learn more, please visit www.apollo.com.
Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540 [email protected]
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Public Service Enterprise Group (NYSE:PEG) v úterý klesl na nové 52týdenní minimum 66,15 USD na akcii. Zároveň několik brokerů snížilo cílové ceny akcie.
Public Service Enterprise Group Incorporated (NYSE:PEG – Get Free Report) shares hit a new 52-week low on Tuesday. The company traded as low as $66.15 and last traded at $66.9710, with a volume of 69286 shares traded. The stock had previously closed at $66.73.
Analyst Ratings Changes A number of brokerages have commented on PEG. Citigroup cut their price target on shares of Public Service Enterprise Group from $91.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. Morgan Stanley lowered their price objective on shares of Public Service Enterprise Group from $91.00 to $88.00 and set an “overweight” rating on the stock in a research note on Friday, September 18th. Wells Fargo & Company dropped their target price on shares of Public Service Enterprise Group from $91.00 to $89.00 and set an “overweight” rating on the stock in a report on Wednesday, August 5th. Weiss Ratings downgraded shares of Public Service Enterprise Group from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen upgraded Public Service Enterprise Group from a “sell” rating to a “hold” rating in a report on Saturday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $89.23.
Check Out Our Latest Analysis on PEG
Public Service Enterprise Group Price Performance The company has a market capitalization of $33.59 billion, a P/E ratio of 16.76, a price-to-earnings-growth ratio of 2.55 and a beta of 0.50. The company’s 50-day moving average price is $73.48 and its two-hundred day moving average price is $77.84. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.88 and a quick ratio of 0.67. Public Service Enterprise Group (NYSE:PEG – Get Free Report) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. Public Service Enterprise Group had a net margin of 16.04% and a return on equity of 12.42%. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.66 billion. During the same quarter last year, the company posted $0.77 EPS. Public Service Enterprise Group’s quarterly revenue was down 8.9% compared to the same quarter last year. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, sell-side analysts expect that Public Service Enterprise Group Incorporated will post 4.36 EPS for the current year.
Public Service Enterprise Group Announces Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th were given a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $2.68 annualized dividend and a dividend yield of 4.0%. Public Service Enterprise Group’s dividend payout ratio is presently 66.67%.
Insider Buying and Selling In related news, CEO Ralph LaRossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $76.47, for a total transaction of $159,287.01. Following the completion of the sale, the chief executive officer directly owned 283,656 shares of the company’s stock, valued at approximately $21,691,174.32. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard Thigpen sold 8,000 shares of Public Service Enterprise Group stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $74.56, for a total value of $596,480.00. Following the sale, the senior vice president directly owned 20,970 shares of the company’s stock, valued at approximately $1,563,523.20. The trade was a 27.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.19% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Public Service Enterprise Group Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in Public Service Enterprise Group during the second quarter worth about $4,366,570,000. State Street Corp raised its position in shares of Public Service Enterprise Group by 1.4% in the second quarter. State Street Corp now owns 29,481,434 shares of the utilities provider’s stock valued at $2,392,713,000 after buying an additional 399,191 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Public Service Enterprise Group in the second quarter valued at approximately $1,207,400,000. Legal & General Group Plc bought a new stake in shares of Public Service Enterprise Group in the second quarter valued at approximately $554,994,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Public Service Enterprise Group by 5.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 4,994,372 shares of the utilities provider’s stock valued at $401,048,000 after buying an additional 241,058 shares during the period. Institutional investors and hedge funds own 73.34% of the company’s stock.
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Public Service Enterprise Group Incorporated (NYSE: PEG) is an energy company headquartered in Newark, New Jersey. Founded in 1903, the company operates primarily through its regulated utility subsidiary, Public Service Electric and Gas Company (PSE&G), and its competitive energy businesses.
PSE&G is New Jersey’s largest electric and gas utility, providing electricity and natural gas delivery, transmission, distribution, and related customer services to residential, commercial, and industrial customers across the state.
Recommended Stories Five stocks we like better than Public Service Enterprise Group Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test Receive News & Ratings for Public Service Enterprise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Service Enterprise Group and related companies with MarketBeat.com's FREE daily email newsletter.
MarketBeat Week in Review – 11/4 - 11/8Altimmune NASDAQ: ALT executives outlined the company’s strategy to build a liver-disease franchise around pemvidutide, a dual glucagon/GLP-1 agonist being developed for metabolic dysfunction-associated steatohepatitis, or MASH, alcohol use disorder, or AUD, and alcohol-related liver disease, or ALD.
Speaking at a Stifel session, Chief Executive Officer Jerome Durso said pemvidutide’s potential across several liver-related conditions was a primary reason he joined the company. He described the drug’s balanced dual mechanism, clinical tolerability and ability to keep patients on therapy as central elements of its development strategy.
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How Altimmune Could Grab a Big Chunk of the GLP-1 Market“What we continue to see evidence of as the data emerges is a differentiated opportunity across MASH,” Durso said, adding that Phase 2 AUD data released in July created an additional opportunity for the company’s liver-focused portfolio.
MASH Program and PERFORMA Trial Altimmune is advancing pemvidutide in the Phase 3 PERFORMA trial in patients with F2 and F3 MASH. Chief Medical Officer Christophe Arbet-Engels said the trial includes placebo, 1.8-milligram and 2.4-milligram treatment arms. The company’s statistical powering is based on results observed with the 1.8-milligram dose in Phase 2, while the 2.4-milligram arm is intended to assess potential additional benefit.
This Small Cap Wealth Management Stock Could Provide Big ReturnsArbet-Engels said Phase 2 findings showed improvements in noninvasive tests and biological markers consistent with an anti-fibrotic effect, including continued improvement between 24 and 48 weeks. He noted that the company did not see an early fibrosis outcome at 24 weeks, which he said had been anticipated.
The Phase 3 trial will use a three-pathologist biopsy-reading process, supported by AIM-MASH Assist, an artificial intelligence-assisted tool intended to reduce variability in pathology assessments. Altimmune said it has trained pathologists and tested the approach ahead of the trial.
Key features of PERFORMA include a 52-week assessment period and simplified monthly titration. The company expects the longer study duration to better assess fibrosis improvement and said the titration approach could further reduce early gastrointestinal events and support treatment adherence.
Arbet-Engels characterized success as a positive trial demonstrating MASH resolution and fibrosis improvement, while also assessing effect size, patient subgroups, weight loss, discontinuations and adherence. The company will additionally evaluate the quality of weight loss, including measures related to lean mass preservation, using MRI-PDFF, blood biomarkers and functional testing.
Positioning Against Other Incretin-Based Therapies Altimmune executives emphasized what they view as pemvidutide’s differentiated molecular design. Arbet-Engels said pemvidutide has a 1:1 glucagon-to-GLP-1 ratio and strong affinity for both receptors. In contrast, he described survodutide as having a 7:1 glucagon-to-GLP-1 ratio and retatrutide as having substantially different receptor affinities.
The company also highlighted tolerability as a potential commercial and clinical differentiator. Arbet-Engels said pemvidutide’s EuPort domain is designed to slow delivery of the drug, reducing peak concentration and delaying the time to peak concentration. He said this profile supported favorable tolerability in Altimmune’s MASH trials.
Chief Commercial Officer Linda Richardson said the company believes pemvidutide could be relevant for patients who cannot tolerate GLP-1 therapy over time, who do not achieve desired efficacy with available options, or who may be at risk of sarcopenia. She also said the company sees potential opportunities both as a first-line treatment and as an add-on option in areas where other therapies may have limitations.
AUD and ALD Development Plans Durso said Altimmune’s Phase 2 RECLAIM results in AUD were encouraging, citing consistency across drinking-related endpoints, including two endpoints he said are approvable by the FDA. He also pointed to weight loss, safety and tolerability findings, as well as results from PEth testing, which is used to assess alcohol consumption.
Arbet-Engels added that exploratory FIB-4 findings provided indications of potential liver-related benefits, which the company plans to assess more rigorously in later-stage development.
Altimmune plans to hold an end-of-Phase-2 meeting with regulatory agencies to align on a Phase 3 AUD program. Durso said the company sees an opportunity to study a broad moderate-to-severe AUD population, including patients with active liver disease.
Arbet-Engels said AUD and ALD populations appear to overlap substantially, including through patterns of heavy drinking and obesity. While the company collected more extensive liver measurements in its ALD trial than in the Phase 2 AUD study, it expects future AUD studies to more comprehensively evaluate potential liver benefits.
Funding and Enrollment Chief Financial Officer Greg Weaver said Altimmune had $519 million as of June 30 and that the balance sheet was sufficient to fund the MASH trial through completion. For a potential Phase 3 AUD program, he said the company is focused on non-dilutive funding options, which could include strategic partnerships, clinical-trial financing or royalty-based structures.
The company also reported early enthusiasm from investigators for the PERFORMA study. Arbet-Engels said Altimmune moved from financing to dosing its first patient in about 90 days and cited the study’s weight-loss component, AI-assisted pathology process and ability for investigators to recycle screened patients between biopsy and noninvasive-test cohorts as attractive design elements.
About Altimmune (NASDAQ:ALT)Altimmune, Inc is a clinical-stage biotechnology company focused on developing treatments for obesity and liver diseases. The company's lead product candidate is pemvidutide, a dual GLP-1/glucagon receptor agonist being studied for chronic weight management and metabolic dysfunction-associated steatohepatitis (MASH), a form of liver disease associated with metabolic disorders.
Altimmune's research programs are designed to address diseases with significant unmet medical needs, including obesity-related complications and conditions involving liver inflammation and fibrosis.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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KULR získala více než 1 milion USD v produkčních objednávkách bateriových systémů pro program Drone Dominance amerického ministerstva obrany. Dodávky mají začít v říjnu a skončit do konce listopadu 2026.
Production deliveries begin in October with completion expected by the end of November as KULR expands its role in the U.S. defense drone supply chain
HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a developer of safe, high-power energy systems that enable physical AI across space, defense, drones, data centers, robotics, and other mission-critical applications, today announced that it has received more than $1 million in production purchase orders for high-performance battery systems supporting the U.S. Department of War’s (DoW) Drone Dominance Program.
Deliveries are scheduled to begin in October 2026, with KULR expecting to complete all shipments by the end of November 2026, providing near-term revenue visibility and demonstrating the Company’s ability to move defense programs into production.
The Drone Dominance Program is a $1.1 billion, multi-phase DoW initiative focused on accelerating the procurement and fielding of small unmanned aerial systems. KULR believes its position at the battery-system level creates an opportunity to support increasing production volumes as participating platforms advance through the program.
The production orders also represent an important validation of KULR’s investment in Forge 2, its new manufacturing facility in Houston, Texas, as the Company transitions customer programs from qualification into scaled production. Forge 2 increases KULR’s capacity to support defense drones and other autonomous platforms, positioning the Company as an important high-volume domestic supplier of battery systems designed to meet NDAA requirements as the first DoW compliance deadline approaches in 2027.
“These purchase orders mark another meaningful step in KULR’s expansion within the defense drone market,” said Michael Mo, Chief Executive Officer of KULR Technology Group. “Our focus is execution -- building and delivering advanced battery systems at the volumes our customers require. As U.S. drone production scales, successful execution positions KULR to support larger requirements and additional platform opportunities.”
Rising demand for KULR’s high-performance battery systems reflects accelerating U.S. defense investment in next-generation unmanned systems, where power, reliability, safety, and performance are mission-critical. KULR’s technology is engineered to meet these demanding requirements across advanced UAS platforms.
Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, intentions and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2026, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All such forward-looking statements that are provided by management in this release are based on information available at this time, and management expects that internal expectations may change over time. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is an energy-systems platform company that designs and manufactures safe, high-power battery solutions for physical AI and other mission-critical applications. Its KULR ONE® platform integrates advanced battery architecture, thermal management, safety engineering, battery management systems, and power electronics to serve space and defense, drones and electric aviation, AI data-center backup, robotics, and Energy-as-a-Service markets. Based in Webster, Texas, KULR is scaling domestic production to support the growing energy demands of physical AI and autonomous systems. Learn more at KULR.ai.
Nebius letos vzrostl o 181,8 % díky silné poptávce po AI, ale investoři sledují riziko ředění kvůli vysokým kapitálovým výdajům a konvertibilním dluhopisům. Tržby za 2. čtvrtletí činily 582,3 mil. USD, z toho 574,9 mil. USD připadalo na AI cloud.
Nebius has surged 181% this year on a tidal wave of AI demand, a blockbuster Meta deal, and a $37 billion backlog, but a closer look at its financing structure reveals how much has to go right before today's shareholders…
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Nebius Group (NASDAQ:NBIS | NBIS Price Prediction) trades at $235.88. The stock has gained 181.8% year to date, making customer concentration, capex needs and share dilution critical to watch.
Nebius runs a full-stack AI cloud renting GPU compute, storage and inference services. The AI cloud produced $574.9M of $582.3M in second-quarter revenue. Shares rose from $88.62 in February to $208.50 in August, driven by a $27B five-year deal with Meta Platforms (NASDAQ:META) and a $2B equity investment from NVIDIA (NASDAQ:NVDA).
A $37.5 Billion Backlog Gives Bulls Years of Visibility Nebius holds $37.49B in remaining performance obligations covering several years. Second-quarter revenue grew 454%, and GAAP EPS of -$0.68 beat the -$0.8633 estimate. Adjusted EBITDA for the AI cloud reached $285.7M, up from $9.5M a year earlier.
Management said it “could sell today our entire 2027 capacity”, and its first capacity auction cleared 15% above prior highs. With a forward P/E of 46 and a PEG ratio of 0.511, bulls argue the stock remains cheap relative to growth.
Three Customers and $20.8 Billion in Convertibles Define the Exposure Three customers made up 24%, 21%, and 14% of second-quarter revenue, a combined 59%. Capex of $5.66B in the quarter far exceeded $2.25B of operating cash flow, and full-year capex guidance runs $20 to $25 billion.
The convertible notes carry a value of $8.5B on the books but a fair value of $20.8B, which points to heavy dilution if they convert. The company also sold 12.7M shares through its at-the-market program, and interest expense jumped to $119.1M from $4.8M. First-quarter revenue missed expectations by 32.74%, and the operating loss grew to $175.9M.
Prepayments Buy Time While the Buildout Proves Itself Management expects more than $9 billion in customer prepayments this year, with recent deals covering 50 to 60% of associated capex. New contracts with Reflection, Cohere and others reduce reliance on the largest buyers, part of the same picks-and-shovels AI expansion we mapped in a free report on seven companies powering AI data centers. Newly connected power takes months to produce revenue, so execution is moving ahead of reported results.
Analysts See 20% Upside as the Stock Trails Its Peak At $235.88, Nebius sits below the consensus target of $283.58, meaning 20.2% upside. Targets are estimates, and coverage is thin:
Strong Buy: 1 Buy: 4 Hold: 2 Year to date, the stock is up 181.8%, while the S&P 500 is up 11.84%. Over the past month, Nebius gained 14.33% as the index fell 0.58%. Even so, shares trade 21.3% below their 52-week high of $299.86, at roughly 48 times trailing sales.
What Nebius Must Prove Before Capacity Turns Into Revenue At $235.88, Nebius faces a financing test.
Spending guidance of up to $25 billion means more debt, convertibles or share sales before 2027 capacity comes online. Each new raise sets the cost today’s shareholders pay for future growth.
A stronger case needs third-quarter revenue showing that capacity deployed late in Q2 is contributing as promised, and the next financing leaning on asset-backed debt rather than new shares. A worse case would follow a delay at a major customer or another large revenue miss.
The stock is well off its high. Dilution risk remains until the company proves it can turn power into revenue. Watch quarterly prepayments, share count and how fast connected megawatts convert to revenue.
Nebius has the demand, but at $235.88 the share price already assumes financing will go smoothly, so execution remains the key test.
Contact [email protected] for any questions or corrections.
AstraZeneca investuje do Summit Therapeutics 2 miliardy USD za zhruba 12% podíl a bude s ní spolupracovat na několika klinických studiích s ivonescimabem.
Summit Therapeutics PLC (NASDAQ:SMMT – Get Free Report)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $15.48, but opened at $18.91. Summit Therapeutics shares last traded at $16.3970, with a volume of 10,558,930 shares traded.
Key Summit Therapeutics News Here are the key news stories impacting Summit Therapeutics this week:
Positive Sentiment: AstraZeneca’s investment validates Summit and provides substantial funding. AstraZeneca will invest $2 billion for an approximately 12% stake in Summit and collaborate on multiple clinical studies involving ivonescimab. The investment gives Summit additional resources to advance development while bringing validation from a major global pharmaceutical company. AstraZeneca’s $2 Billion Vote of Confidence Leaves Summit Therapeutics Trading Well Below Street Targets Positive Sentiment: Analysts characterized the transaction as a “win-win.” UBS said the partnership could benefit both companies by supporting ivonescimab’s development and potentially broadening its commercial opportunity. The strategic collaboration also helped drive a sharp rally in Summit shares after the announcement. AstraZeneca’s $2 Billion Investment in Summit Therapeutics Seen as ‘Win-Win,’ UBS Says Positive Sentiment: The deal substantially exceeds Summit’s recent market valuation. Commentary noted that AstraZeneca agreed to a valuation that the public market had not been matching, suggesting potential upside if ivonescimab’s clinical results support the partnership’s expectations. Summit Shares Jump on $2B Strategic Investment From AstraZeneca Neutral Sentiment: Clinical execution remains the key near-term issue. Two clinical milestones expected in 2026 are likely to determine whether Summit’s valuation converges toward analyst targets or remains pressured. Positive trial data could further support the AstraZeneca deal, while disappointing results would weaken the investment thesis. AstraZeneca’s $2 Billion Vote of Confidence Leaves Summit Therapeutics Trading Well Below Street Targets Negative Sentiment: The transaction does not eliminate biotechnology risk. Summit remains dependent on successful clinical development and regulatory progress for ivonescimab. The equity investment also introduces some dilution for existing shareholders, while the large valuation implied by AstraZeneca’s purchase could raise expectations ahead of the upcoming data readouts. Analysts Offer Insights on Healthcare Companies Analysts Set New Price Targets Several equities research analysts recently weighed in on SMMT shares. Stifel Nicolaus dropped their price target on Summit Therapeutics from $45.00 to $38.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Citigroup reiterated a “buy” rating and issued a $43.00 price objective (up from $40.00) on shares of Summit Therapeutics in a report on Friday, September 25th. Morgan Stanley lowered Summit Therapeutics to an “outperform” rating in a research report on Tuesday. Cantor Fitzgerald reissued an “overweight” rating on shares of Summit Therapeutics in a research report on Tuesday, September 22nd. Finally, Leerink Partners upgraded shares of Summit Therapeutics from an “underperform” rating to a “market perform” rating and boosted their target price for the company from $12.00 to $13.00 in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Summit Therapeutics currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.45.
Check Out Our Latest Report on SMMT Summit Therapeutics Price Performance The stock’s 50 day simple moving average is $15.01 and its two-hundred day simple moving average is $16.34. The firm has a market cap of $13.49 billion, a P/E ratio of -15.10 and a beta of -1.24.
Summit Therapeutics (NASDAQ:SMMT – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). Equities research analysts anticipate that Summit Therapeutics PLC will post -1.2 earnings per share for the current year.
Institutional Investors Weigh In On Summit Therapeutics A number of institutional investors have recently modified their holdings of SMMT. Ball & Co Wealth Management Inc. bought a new position in shares of Summit Therapeutics during the first quarter valued at $28,000. Parallel Advisors LLC boosted its stake in Summit Therapeutics by 4,178.0% in the 1st quarter. Parallel Advisors LLC now owns 2,139 shares of the company’s stock worth $41,000 after purchasing an additional 2,089 shares in the last quarter. Fifth Third Bancorp grew its position in Summit Therapeutics by 24.4% during the 1st quarter. Fifth Third Bancorp now owns 3,732 shares of the company’s stock valued at $71,000 after purchasing an additional 732 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in Summit Therapeutics during the 2nd quarter valued at about $73,000. Finally, Havemeyer Place LP bought a new stake in Summit Therapeutics during the 4th quarter valued at about $109,000. 4.61% of the stock is owned by hedge funds and other institutional investors.
Summit Therapeutics Company Profile (Get Free Report)
Summit Therapeutics plc is a clinical-stage biopharmaceutical company focused on developing innovative cancer treatments. The company’s lead program is ivonescimab, an investigational bispecific antibody designed to combine immune checkpoint inhibition targeting PD-1 with anti-angiogenic activity targeting VEGF. Summit is evaluating ivonescimab in clinical studies for multiple solid tumors, including non-small cell lung cancer.
Summit obtained exclusive rights from Akeso, Inc to develop and commercialize ivonescimab in markets outside China, including the United States and other international territories.
Further Reading Five stocks we like better than Summit Therapeutics Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? O’Reilly Automotive’s Stock Slump Hides a Stronger Business McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test Receive News & Ratings for Summit Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.
Hyperscaleři uzavírají s jadernými firmami dlouhodobé kontrakty, protože kapacita sítě se napíná. Společnost Constellation Energy během čtvrtletí podepsala asi 920 MW smluv s průměrnou délkou 18,5 roku.
Hyperscalers are signing multi-decade nuclear contracts as grid capacity tightens, and three stocks give investors very different exposure to that trade, with one belonging in the speculative bucket only.
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AI is turning nuclear baseload into the most contested resource on the grid, and hyperscalers are lining up multi-decade contracts to lock it down.
The pressure is quantifiable: PJM’s capacity auction cleared at $329.17/MW-day for 2026/27 and $325/MW-day for 2028/29, with combined 2026 hyperscaler CapEx guidance topping $710 billion.
Three U.S.-listed names give investors distinct angles on that trade, but they are not equivalent risks. One is a cash-generating merchant operator. One is a profitable, dividend-paying contractor. One is a pre-revenue developer that belongs in the speculative bucket only.
Constellation Energy: Largest US Nuclear Fleet Signing the Hyperscaler Deals Constellation Energy (NASDAQ:CEG | CEG Price Prediction) is the anchor position in this segment. It operates the largest U.S. nuclear fleet and, following the January 2026 close of the Calpine acquisition, is now the largest private power producer in the world. This is a cash-generating merchant IPP with an established earnings base.
The Q2 2026 earnings report tells the story. Constellation reported adjusted operating earnings of $2.55 per share and raised full-year guidance to $11.50 to $12.50 per share. More importantly, the company signed approximately 920 megawatts of long-term nuclear contracts during the quarter, with an average duration of 18 and a half years and investment-grade counterparties. Roughly 30% of clean baseload output is now under long-term contract. The Crane Clean Energy Center restart is targeting 2027, with the NRC fuel license already approved. Nuclear operations delivered a 93% capacity factor in the quarter.
The bull case: Existing nuclear is being repriced as a premium product, PJM capacity prices are lifting the entire revenue stack, and the Nuclear Production Tax Credit provides a floor. Shares are down nearly 31% year to date, which has taken some of the froth out of a name that ran hard in 2024 and 2025.
The risk: Regulation. PJM’s proposed Reliability Backstop Procurement and Interim Resource Adequacy Service frameworks remain unresolved, and the Illinois ZEC program ends in May 2027. Calpine integration also introduces near-term execution complexity.
BWX Technologies: The Only Big Nuclear Manufacturer Left Standing BWX Technologies (NYSE:BWXT) is the picks-and-shovels play. It supplies naval nuclear propulsion to the US Navy and manufactures commercial nuclear components, field services, and fuel handling equipment. This is a profitable, dividend-paying contractor with multi-year backlog visibility, and it sits in a different risk bucket than a merchant generator or a developer.
Q2 2026 revenue was $902 million, up 18% year over year, with adjusted EPS of $1.07 marking the fifth consecutive EPS beat. Commercial operations revenue grew 72%, including 33% organic growth. Backlog ended the quarter at $8.4 billion, up 40% year over year, with a trailing 12-month book-to-bill of 1.7 times. Management raised full-year revenue guidance to approximately $3.8 billion and free cash flow guidance to $345 million to $360 million. The Precision Components Group acquisition closed July 1, 2026, adding US commercial nuclear manufacturing capacity.
CEO Rex Geveden framed the setup bluntly, saying the “industry is in the early stages of a multi-decade super cycle of growth” and that BWXT was “kind of the last man standing in commercial” nuclear manufacturing. He also flagged “a credible opportunity to secure at least one new build nuclear equipment order before the year end” across AP1000, X300, and additional SMR opportunities at Darlington.
The bull case: Any reactor built in North America over the next decade, large or small, plausibly runs through BWXT’s fabrication footprint. Shares are down nearly 24% year to date, offering a more reasonable entry than earlier in the year.
The risk: Federal budget uncertainty. Naval propulsion revenue depends on shipbuilding funding cadence, and commercial customer capex timing on SMRs is inherently lumpy.
Oklo: A Speculative, Pre-Revenue SMR Position That Belongs in a Small Allocation Only Oklo (NYSE:OKLO) is a fundamentally different animal from the first two names and must be treated that way. It is a pre-revenue small modular reactor developer with a development-stage, cash-burning profile. It carries meaningfully higher risk than Constellation or BWXT, and it is only size-appropriate as a small speculative allocation.
The company’s Aurora powerhouse design has been expanded to 75 MW, with first commercial power targeted late 2027 to early 2028. Oklo’s customer pipeline includes a 12 GW master power agreement with Switch targeting delivery by 2044, plus a letter of intent with Equinix for up to 500 MW with a $25 million prepayment. Investors must be clear-eyed that these are largely non-binding LOIs and master agreements, not signed take-or-pay PPAs. Groves reached first criticality in early August 2026, and the company ended the quarter with $3 billion in cash and marketable securities. Management raised 2026 cash-use guidance to $120 million to $150 million for operations and $400 million to $500 million for property, plant, and equipment.
The bull case: Optionality. an integrated platform across power, fuel, and isotopes, direct hyperscaler alignment, and a supportive regulatory backdrop under the ADVANCE Act. Shares reflect the volatility of the profile, down more than 51% year to date and down more than 66% over the past year.
The risk: Oklo has no operating commercial project, no signed take-or-pay revenue, ongoing NRC execution risk, and will likely need additional financing to build plants. First commercial power is a 2027 to 2028 event at the earliest. If the timeline slips or licensing stalls, the equity has a long way to fall.
Positioning the 3 Constellation offers core exposure to nuclear baseload getting repriced by hyperscaler demand, backed by real cash flows and signed long-dated contracts. BWXT is the manufacturing choke point that benefits regardless of which reactor design wins. Oklo represents a small, speculative call option on advanced nuclear, sized accordingly and never confused with the other two.
Contact [email protected] for any questions or corrections.
Quantum Computing Inc. představila Dirac-3S, který zvládne až 9 980 proměnných, tedy zhruba 10násobek oproti současnému systému. První dodávka zákazníkovi je očekávána v listopadu 2026.
Scales quantum optimization to up to nearly 10,000 variables, a 10x increase over QCi's current 1,000-variable system, while delivering faster performance, production-ready reliability and scalable manufacturing First customer shipment of Dirac-3S upgrade expected in Q4 2026 , /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), a vertically integrated quantum systems company pioneering photonics and semiconductor manufacturing, today announced Dirac-3S, the next-generation of its Dirac-3 quantum optimization machine, marking a significant step toward commercial deployment of QCi's quantum optimization technology.
Dirac-3S advances the platform across three areas – Speed, Scale and Solutions – with faster performance, improved solution quality, increased computing capacity and a modular architecture designed to support customers as their requirements grow. The first customer shipment of Dirac-3S is expected in November 2026.
Speed. Scale. Solutions.
Speed: Dirac-3S is engineered to efficiently solve increasingly complex optimization problems, with practical computation times demonstrated on problems involving up to 9,980 variables while consistently finding the optimal solution. This enables customers to tackle larger problems and explore more possibilities in less time.
Scale: Dirac-3S features a modular architecture designed to scale with customer requirements. The compact 5U base system can be extended with Expansion Modules to support larger and more complex optimization problems, with QCi demonstrating configurations supporting up to 9,980 variables with one Expansion Module. The architecture is designed to accommodate additional Expansion Modules, enabling customers to expand their system as their optimization needs grow. QCi has also advanced the Dirac-3S hardware architecture, manufacturing processes and supply chain to support increased production volumes, consistent product quality and broader commercial deployment. These improvements include enhanced error correction, component control and operational reliability.
Solutions: Dirac-3S is designed to address a broad range of real-world optimization problems on a single platform, through multiple optimization approaches including continuous, integer and higher-order optimization. QCi's latest error-correction techniques are designed to improve solution quality across applications in financial services, logistics and supply chains, manufacturing, energy, telecommunications, scientific research, and aerospace and defense.
The platform can be deployed on-premises or in the cloud and integrated into AI/ML pipelines, enabling organizations to incorporate quantum optimization into existing computational workflows.
"Dirac-3S takes our quantum optimization platform from demonstrating what is possible to delivering a system built for practical commercial use," said Yong Meng Sua, Chief Technology Officer of QCi. "We have increased performance and computing capacity, expanded the size and complexity of problems the system can address through a modular architecture, and advanced the hardware and manufacturing architecture needed to support broader deployment. This gives customers a flexible path to adopt quantum optimization and scale their computing capacity as their needs grow."
Building on the Dirac-3 Foundation
Dirac-3S builds on QCi's first-generation Dirac-3 quantum optimization machine, which has been used by academic researchers exploring quantum optimization algorithms and applications.
"Our experience with the first-generation Dirac-3 quantum optimization machine validated its potential as a powerful tool for solving meaningful optimization problems. QCi's continued innovation with the Dirac-3S, including its expanded computational capabilities, enables us to pursue significantly larger and more complex optimization challenges. We look forward to exploring new research directions and accelerating the development of practical, high-impact applications," said Professor Paul Griffin, Associate Professor, Singapore Management University.
QCi has published a new Technical Review evaluating Dirac-3S across synthetic, graph-based and industry-standard optimization benchmarks, including comparisons with Projected Gradient Descent and commercial classical solver Hexaly. On synthetic problems with known global optima ranging from 2,000 to 9,980 variables, Dirac-3S was the only evaluated solver to achieve the optimal solution across all tested instances, while solution times increased only modestly as problem size approached 9,980 variables. On industry-standard DIMACS maximum-clique benchmarks, Dirac-3S more frequently identified the highest-quality solutions than the other evaluated methods.
QCi has also published a survey paper demonstrating how NP-hard problems can be mapped to simplex formulations native to Dirac-3S, expanding its potential applications across continuous, discrete and combinatorial optimization. The Technical Review, along with the detailed benchmarking methodology and results is available in QCi's Dirac-3S Technical Reference at: https://quantumcomputinginc.com/learn/module/dirac-3s-technical-reference.
To learn more about the Dirac-3S, visit QCi's Dirac-3S webpage.
Quantum Computing Inc. (Nasdaq: QUBT) is a vertically integrated quantum systems company pioneering photonics and semiconductor manufacturing, and delivering accessible, scalable, and cost-effective quantum machines, photonics products, and advanced packaging. The Company provides foundry services for photonic chips and semiconductor manufacturing and offers a vertically integrated portfolio spanning photonics and electronic components, subsystems, and full-stack systems.
Designed to operate at room-temperature with low-power requirements, QCi's technologies enable practical deployment across high-growth markets, including high-performance computing, artificial intelligence, cybersecurity, aerospace and defense, and advanced sensing and imaging.
Headquartered in Hoboken, New Jersey, QCi also has operations in Arizona, California, Illinois, Indiana, Massachusetts, North Carolina and Virginia. By combining advanced materials, device engineering, and scalable manufacturing, QCi delivers integrated quantum, photonics, and semiconductor technologies, accelerating commercialization and real-world adoption.
Company Contacts:
Investor Relations
David Moskowtiz, Head of Investor Relations
[email protected]
Media & Communications
Karen Jeffers, Director, Marketing and Communications
[email protected]
Agency Contact:
IMS Investor Relations
John Nesbett/Zach Nevas
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements and forecasts, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "enhance," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the timing of the first delivery of a Dirac-3S, the ability of the Dirac-3S to solve larger and more complex problems than the first generation of Dirac-3, deliver higher quality solutions and faster performance, the functionality of the Dirac-3S modular design, and delivering improvements in the performance, system maturity and manufacturability, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward- looking statements to reflect changed conditions.
On Unchained, Biden called the accusations against him “a speed bump” next to the Trump family’s dealings, including World Liberty Financial, and said the TRUMP memecoin took money from Trump’s own supporters.
Hunter Biden: Trump's World Liberty part of a 'Mount Everest of corruption'
Posted October 1, 2026 at 7:39 am ET.
Asked about World Liberty Financial, Hunter Biden said the Trump family’s business dealings make the accusations against him look like “a speed bump as compared to the Mount Everest of corruption that they are engaged in.”
Host Laura Shin asked Biden on the show, in an episode that streamed Wednesday, about his August post on X, which said, “The Trump family’s business, World Liberty Financial, is corruption at a scale we’ve never seen.” Shin noted that the post compared World Liberty’s borrowing against its own token to how FTX operated before it collapsed.
Biden answered by pointing beyond World Liberty to the rest of the family. He urged listeners to look at “each family member individually” and at “what they have done that has been reported in the public,” and to compare it with the accusations made against him. “I literally did no business other than sell paintings while my dad was President of the United States,” he said.
Earlier in the interview, Biden said every move Trump has made in crypto has been “for the benefit of himself and not for the community, not for cryptocurrency as a whole, not for the policy.”
Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter.
World Liberty’s Business Trump’s 2025 financial disclosure shows about $592 million from World Liberty token sales and equity, part of roughly $1.4 billion in crypto income. An entity backed by the UAE’s national security adviser agreed to pay $500 million for 49% of World Liberty, The Wall Street Journal reported, according to Fortune. The company’s trust arm won preliminary conditional approval for a national trust charter from the Office of the Comptroller of the Currency in August. In April, World Liberty borrowed about $75 million against its own token on Dolomite. World Liberty said at the time that it was “nowhere near liquidation” and would “simply supply more collateral” if needed.
Justin Sun’s Lawsuit Tron founder Justin Sun, who says he invested $45 million in WLFI tokens, is suing World Liberty, alleging it secretly froze his tokens. At the parties’ joint request, a federal judge paused the case on Tuesday until Oct. 22 over a jurisdiction question. World Liberty has called Sun’s claims meritless, and it has filed its own defamation suit against him in Florida state court.
The TRUMP Memecoin Explaining why he launched his own memecoin, LAPTOP, Biden said Trump presented himself as “the crypto king” but has done more damage than good to the crypto community. Biden called it “the cardinal sin of what he did” that the money came from Trump’s most devoted followers. Trump “literally took the money out of their pockets” and put it into his own, Biden said. “I can’t believe that a sitting president of the United States, let alone anyone, would do that.”
TRUMP launched on Jan. 17, 2025, three days before the President’s inauguration. CIC Digital, a Trump Organization affiliate, and Fight Fight Fight LLC together own 80% of its supply, unlocking over three years, according to the token’s website. About 1 million wallets have net losses totaling $4.5 billion on the token, NBC News reported in July. Trump reported $635 million in 2025 royalties from a licensing agreement with Celebration Coins, which NBC News described as a group specializing in meme coins bearing his name. TRUMP traded near $2.18 on Wednesday, 97% below its January 2025 peak.
Related Listen: The Chopping Block: CLARITY Dies on the Senate Floor, Hunter Biden’s LAPTOP Rug, and the AI Pause Pact
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Fiserv spustil svou platformu pro digitální aktiva pro klienty z řad finančních institucí. Prvním živým využitím je stablecoin Roughrider Coin Bank of North Dakota.
MILWAUKEE, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced that its digital asset platform is live with financial institution clients, marking a significant milestone in the commercialization of stablecoin-enabled banking and payments.
The platform’s first live use case is Roughrider Coin, Bank of North Dakota’s dollar-backed stablecoin designed to enable more efficient money movement across the state’s interbank network. VersaBank serves as issuer for Roughrider Coin, Fireblocks is providing secure digital asset infrastructure and tokenization services, and transactions are processed on the Solana blockchain.
“The launch of our digital asset platform is an important milestone for Fiserv and the financial institutions we serve,” said Sunil Sachdev, Head of Embedded Finance and Digital Assets at Fiserv. “By moving from concept to production with leading institutions, we are helping clients unlock new efficiencies in banking and payments while maintaining the trust, security and regulatory standards they expect.”
Participating banks and credit unions will access Roughrider Coin through Commercial Center, Fiserv’s commercial online banking system that financial institution clients rely on today for traditional interbank money movement.
Roughrider Coin Launches as First Live Use Case
Bank of North Dakota is using the Fiserv platform’s issuance, reserve, custody and settlement infrastructure to deploy Roughrider Coin across the state’s banking and payments workflows. The dollar-backed stablecoin gives more than 90 participating banks and credit unions in North Dakota a more efficient way to conduct bank-to-bank transactions while establishing a foundation for additional digital money use cases.
“Bank of North Dakota proudly works alongside our financial partners to strengthen agriculture, commerce and industry across our state,” said Don Morgan, chief executive officer of Bank of North Dakota. “Launching Roughrider Coin with Fiserv builds on that legacy by giving our partner community banks and credit unions a new tool to move money more efficiently across North Dakota’s interbank network. We are proud to lead this next chapter in banking innovation while supporting the continued strength, resilience and relevance of North Dakota’s financial industry.”
VersaBank, a North American leader in business-to-business digital banking and digital asset technology, issues Roughrider Coin and provides custody services. Its role includes minting, burning, custody and reserve asset management—core functions that enable financial institutions to operate stablecoins within a nationally regulated framework.
“VersaBank is proud to partner with Fiserv to build and operate the first product on its digital asset platform,” said David Taylor, Founder and President, VersaBank. “Pairing Fiserv’s scale with VersaBank’s regulated digital asset capabilities gives the industry a trusted foundation to bring stablecoins into established banking and payment systems.”
The Fiserv Digital Asset Platform helps financial institutions, corporates, marketplaces and fintechs enable emerging stablecoin use cases, including stablecoin card issuance, cross-border payments, programmable commerce and treasury automation. The platform also supports tokenized deposits, global currency account services, including U.S. dollar accounts for financial institutions worldwide.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, is a global leader uniting commerce and finance. The company powers sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, e-commerce, and Clover®, the all-in-one business management platform. Fiserv is a member of the S&P 500® Index and one of FORTUNE® America’s Most Innovative Companies. Visit fiserv.com and follow on social media for more information and the latest company news.
For more information contact:
Media Relations:
Chase Wallace
Director, External Communications
Fiserv [email protected]
NANO Nuclear podepsala definitivní dohodu o koupi strategických amerických jaderných zpracovatelských aktiv s licencí NRC. Po dokončení transakce a převodu licence NRC by vlastnila jedno z deseti licencovaných zařízení palivového cyklu v USA.
Acquisition would provide NANO Nuclear with strategically valuable NRC-licensed fuel cycle assets and optionality to pursue domestic nuclear fuel cycle activities, independently or in collaboration with strategic partners
Upon completion of the transaction and transfer of the NRC license, NANO Nuclear would own one of ten NRC-licensed fuel cycle facilities in the United States
New York, New York--(Newsfile Corp. - October 1, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or the "Company"), an advanced nuclear energy and technology company developing microreactors, nuclear fuel cycle capabilities and nuclear transportation solutions, today announced that NANO Nuclear and its wholly owned subsidiary, HALEU Energy Fuel Inc., have entered into a definitive asset purchase agreement with Radnostix, Inc. (formerly International Isotopes Inc.) and its subsidiary International Isotopes Fluorine Products, Inc. to acquire strategic U.S. nuclear fuel processing assets, including a U.S. Nuclear Regulatory Commission ("NRC") license and related intellectual property and technical materials associated with a previously planned depleted uranium hexafluoride ("DUF6") deconversion and fluorine extraction facility in Lea County, New Mexico.
The proposed acquisition would provide NANO Nuclear with existing NRC-licensed fuel cycle assets and a substantial body of associated licensing and technical work. Upon completion of the transaction and transfer of the NRC license, NANO Nuclear would own one of ten NRC-licensed fuel cycle facilities in the United States. The acquisition is also subject to the satisfaction of future closing conditions.
Figure 1 - NANO Nuclear Energy Advances Vertical Integration Strategy by Signing Definitive Agreement to Acquire Strategic NRC-Licensed U.S. Nuclear Fuel Processing Assets - IIFP General Site Location, Proposed Facility Boundary, and Plant Throughput for the DUF₆ Deconversion Process.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/316891_ce00829e142b3b35_003full.jpg
By acquiring an existing NRC-licensed fuel cycle asset, NANO Nuclear is strategically positioned with the flexibility to pursue a depleted uranium hexafluoride ("DUF6) deconversion facility or additional fuel cycle processes through amendments to the existing NRC license, which NANO Nuclear believes could provide a significantly more efficient regulatory pathway than developing and licensing a comparable facility on a new site. The licensing, regulatory, engineering and technical foundation derived from the acquired assets could also inform and potentially streamline the development and licensing of similar fuel cycle capabilities at other locations. Together, these assets would provide NANO Nuclear with increased optionality to pursue domestic fuel cycle opportunities, either independently or in collaboration with other nuclear fuel processing companies.
If completed, the proposed acquisition would represent another important milestone in NANO Nuclear's long-term strategy to establish a vertically integrated advanced nuclear energy and fuel platform, extending its potential capabilities, whether internally or through strategic collaborations, across uranium conversion, enrichment, deconversion and transportation through reactor deployment.
Figure 2 - NANO Nuclear Energy Advances Vertical Integration Strategy by Signing Definitive Agreement to Acquire Strategic NRC-Licensed U.S. Nuclear Fuel Processing Assets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/316891_ce00829e142b3b35_004full.jpg
Establishing a Strategic U.S. Nuclear Fuel Cycle Platform
The NRC license was originally issued to construct and operate a DUF6 deconversion and fluorine extraction facility in Lea County, New Mexico. The proposed acquisition also includes related patented technology, engineering and safety analyses, regulatory and permitting materials, equipment and historical project development records. The facility contemplated under the existing license was not previously constructed.
While the site is licensed by the NRC under 10 CFR Part 40, "Domestic Licensing of Source Material," the licensing basis was required by the NRC to meet applicable requirements of Subpart H of 10 CFR Part 70, "Domestic Licensing of Special Nuclear Material," in connection with a rulemaking framework previously contemplated by the NRC. NANO Nuclear expects the acquisition of an existing licensed fuel cycle facility developed to these requirements to facilitate a more streamlined regulatory pathway for adding certain additional fuel cycle processes requiring authorization under 10 CFR Part 70 through future license amendments if desired, subject in each case to applicable NRC review and approval.
Following closing and transfer of the NRC license, NANO Nuclear plans to continue its evaluation of several options in determining the optimal commercial and development pathway for the acquired assets, including potential deconversion and other fuel cycle activities, as well as opportunities to collaborate with potential strategic partners. No final investment decision has been made, and any future development remains subject to applicable technical, commercial, financing and regulatory considerations.
"This proposed acquisition is fundamentally about securing a strategically valuable position within the U.S. nuclear fuel cycle," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "An existing NRC-licensed fuel cycle facility, supported by years of regulatory and technical development, provides us with a foundation we believe is extremely difficult to recreate from the ground up. It gives us multiple potential pathways to expand our domestic fuel cycle capabilities while preserving the flexibility to determine the development strategy that creates the greatest long-term value."
"Our objective is to build the capabilities necessary to support a more complete and resilient domestic nuclear energy industry," said Jay Yu, Founder and Chairman of NANO Nuclear Energy. "This transaction would establish another critical pillar of our vertically integrated nuclear fuel strategy, providing us with an important platform from which to pursue future fuel cycle opportunities, both independently and alongside strategic industry collaborators. I am very pleased with our continued business and commercial approach to creating long-term shareholder value in the nuclear energy sector."
Transaction Terms and Next Steps
Under the asset purchase agreement, the consideration being paid for the assets at closing is $9.5 million in cash and $4.0 million in NANO common stock, payable and issuable at closing in accordance with the agreement. Closing remains subject to NRC consent to the license transfer, other required approvals and consents (including from New Mexico officials), satisfactory site arrangements and other closing conditions. The parties currently expect closing in approximately 90 to 120 days, although the timing will depend on those approvals and conditions.
About NANO Nuclear Energy, Inc.
NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services.
Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, the ZEUS™ system, a portable solid core battery reactor, and the space focused, portable LOKI MMR™ system, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.
Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.
HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.
NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.
For more corporate information please visit: https://NanoNuclearEnergy.com/
This news release and statements of NANO Nuclear's management and collaborators in connection with this news release contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "explore," "plans", "aim," "goal," "believes", "potential", "future," "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future, although forward-looking statements could be denoted by other terms as well. In this press release, forward-looking statements include those relating to (i) the future anticipated closing of the asset purchase agreement with Radnostix described herein, which remains subject to significant conditions to closing, including NRC approval, and other conditions precedent and (ii) the anticipated potential benefits to NANO Nuclear of the assets to be acquired and its vertical integration strategy and other business plans. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to, risks associated with conditions to closing the asset purchase agreement, which may not be satisfied, including for reasons beyond NANO Nuclear's control, as well as the following: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) risks related to our ability to obtain key vendor, technology and customer contracts and the significant funding necessary to execute on our business plan, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the U.S. Department of Energy, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316891
Source: NANO Nuclear Energy Inc.
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nVent dokončil akvizici Maverick Power za 1,75 miliardy USD, s možným dalším plněním až 550 milionů USD. Posílí tak expozici v datových centrech a nabídku pro nové napájecí architektury.
Broadens nVent’s exposure to the high-growth infrastructure vertical, particularly in data centers, with a power distribution platform, complementing nVent’s data center offeringsExpands nVent’s offerings for new power architectures, and system-level solutions and services for data centers LONDON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (nVent), a global leader in electrical connection and protection solutions, today announced it has completed the previously announced intention to acquire Maverick Power for a purchase price of $1.75 billion, subject to customary adjustments. The transaction also includes the potential additional consideration of up to $550 million in cash based on achieving certain performance metrics in 2027 and 2028. Maverick Power is a leading manufacturer of engineered power distribution and infrastructure solutions for data centers.
“We are excited to welcome the Maverick Power team to nVent,” said nVent Chair and CEO Beth Wozniak. “Maverick Power adds a power distribution platform to our portfolio, which complements our current data center offerings. Additionally, Maverick Power expands our offerings for new power architectures, and system-level solutions and services for data centers.”
Headquartered in McKinney, Texas, Maverick Power has approximately 900 employees in Texas and Arizona.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Maverick Power acquisition; competition and pricing pressures in the markets we serve, including the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; risks associated with or arising from military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.
Accenture ve 4Q překonala odhady: tržby vzrostly o 6,3 % na 18,68 mld. USD a nové objednávky dosáhly 22,2 mld. USD. Firma navíc potěšila výhledem na fiskální rok 2027.
Poradenská společnost Accenture oznámila své výsledky hospodaření za čtvrtý kvartál fiskálního roku 2026, který skončil 31. srpna 2026. Výnosy společnosti vzrostly meziročně o 6,3 % na 18,68 mld. USD a umístily se nad predikcí Wall Street i nad horní hranicí výhledu společnosti. Nové objednávky dosáhly 22,2 mld. USD a překonaly odhady analytiků ve výši 20,04 mld. USD. Analytici pozitivně hodnotí poskytnutý výhled pro celý fiskální rok 2027.
Výsledky společnosti Accenture (ACN) za 4Q FY 2026 4Q FY 2026 Konsensus 4Q 2026 4Q FY 2025 Výnosy (mld. USD) 18,68 18,04 17,60 Čistý zisk (mld. USD) 1,99 -- 1,41 Zisk na akcii (EPS, USD/akcie) 3,29 -- 2.25 Výsledky za 4Q Na úrovni výnosů společnost vykázala meziroční růst o 6,3 % na 18,68 mld. USD, čímž předčila tržní konsenzus 18,04 mld. USD. V konstantních měnách výnosy meziročně vzrostly o 7 %.
Nové objednávky meziročně vzrostly o 4,2 % na 22,2 mld. USD, čímž překonaly analytické odhady ve výši 20,04 mld. USD. Poměr nových objednávek k výnosům činil 1,2. Nové konzultační objednávky vzrostly meziročně o 6 % na 9,40 mld. USD při očekávání 9,18 mld. USD. Nové objednávky v oblasti řízených služeb zaznamenaly meziroční růst o 2,7 % na 12,77 mld. USD při očekávání 10,86 mld. USD.
Výnosy Accenture ve 4Q dle divize
(mld. USD) Divize Výnosy Konsensus Meziroční změna Komunikace, média, technologie 3,26 3,13 +10 % Finanční služby 3,47 3,38 +5 % Zdravotnické a veřejné služby 3,86 3,68 +8 % Produkty 5,56 5,48 +3 % Zdroje 2,52 2,34 +6 % Hrubá marže společnosti meziročně vzrostla o 0,1 p. b. na 32,0 %, zatímco trh očekával 31,8 %.
Provozní marže se meziročně zvýšila o 370 bazických bodů na 15,3 %. Oproti očištěné provozní marži ve 4Q FY 2025 ve výši 15,1 % jde o zlepšení o 20 bazických bodů.
Provozní hotovostní toky meziročně poklesly o 21 % na 3,10 mld. USD, trh však očekával pouze 2,6 mld. USD. Volné hotovostní toky činily 2,85 mld. USD, což představuje meziroční pokles o 25 %.
Výhled V prvním kvartále fiskálního roku 2027 společnost očekává:
Výnosy v rozmezí 18,95 až 19,60 mld. USD, což implikuje meziroční růst o 2 až 6 % v konstantních měnách. Dopad měnových kurzů na výsledky by měl být přibližně -1 %. V celém fiskálním roce 2027 Accenture projektuje:
Růst výnosů v rozmezí 3 až 6 % v konstantních měnách. Zisk na akcii v rozmezí 14,39 až 14,81 USD. Provozní marže by se měla pohybovat mezi 15,9 a 16,1 %. Provozní hotovostní toky v rozmezí 11,9 až 12,7 mld. USD. Volné hotovostní toky mezi 11,0 a 11,8 mld. USD. Akcionářům chce společnost ve fiskálním roce 2027 vrátit nejméně 9,5 mld. USD. Návrat kapitálu akcionářům Akcionářům společnost za fiskální rok vrátila 11,5 mld. USD, z toho 7,5 mld. USD formou zpětných odkupů akcií a 4,0 mld. USD na dividendách. Společnost zároveň deklarovala kvartální dividendu ve výši 1,71 USD na akcii, což představuje zvýšení o 5 %.
Komentář CEO „Překonali jsme náš výhled výnosů pro čtvrtý kvartál a završili další rok širokého růstu napříč celým naším byznysem. Zvýšili jsme očištěný zisk na akcii o 8 %, vrátili akcionářům rekordních 11,5 mld. USD a dosáhli nového maxima 141 klientů, u nichž čtvrtletní objem objednávek přesáhl 100 mil. USD. Tyto výsledky odrážejí trvalou důvěru, kterou v nás klienti vkládají při transformaci podnikání a vytváření hodnoty, vysokou míru inovací, kterou každý den přinášíme, a mimořádné nasazení našich lidí pro úspěch našich klientů,“ uvedla CEO společnosti Julie Sweet.
Pohled analytiků Analytici z RBC Capital Markets uvedli, že Accenture vykázala široké překonání očekávání, přičemž růst byl pozitivní napříč regiony i odvětvovými segmenty. Zpráva podle nich ukazuje solidní dynamiku nových objednávek a zejména nové maximum 141 klientů s kvartálními objednávkami nad 100 mil. USD ve 4Q, což signalizuje stabilní až zlepšující se poptávku.
Podle analytiků Vital Knowledge jde o působivou zprávu i výhled od Accenture, v ostrém kontrastu se zklamáním z posledních výsledků. Společnost překonala očekávání ve všech hlavních ukazatelích, což podtrhuje, že její byznys (alespoň zatím) v éře AI obstojí velmi dobře.
Analytici z Bloomberg Intelligence uvedli, že nový výhled Accenture na fiskální rok 2027, počítající s růstem výnosů o 3 až 6 % při konstantních měnových kurzech, podporuje jejich investiční tezi, že společnost dokáže překonat konsenzus i bez plošného oživení diskrečních výdajů na IT.
Akcie Accenture Akcie Accenture (ACN) v předburzovní fázi obchodování posilují o 17,24 % na 214,99 USD.
Akcie Accenture (ACN) před výsledky na 183,37 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 112,2 P/E 13,1 Vývoj za letošní rok (%) -31,7 Očekávané P/E 12,5 52týdenní minimum (USD) 118,2 Prům. cílová cena (USD) 188,0 52týdenní maximum (USD) 291,1 Dividendový výnos (%) 3,6 Zdroj: Accenture, Bloomberg
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here. This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, From 2026-10-02 00:00 (UTC), Binance will continue the airdrop campaign rewarding all eligible users who hold World Liberty Financial USD (USD1) on our platform. Eligible users will share rewards from a grand prize pool of 150 million World Liberty Financial (WLFI) tokens and up to 2.5 million USD1 tokens. The rewards will be distributed as weekly rewards to USD1 holders every Friday. Campaign will have two stages: Stage 1: 2026-10-02 00:00 (UTC) - 2026-10-16 00:00 (UTC), with 75 million WLFI token rewards Stage 2: 2026-10-16 00:00 (UTC) - 2026-10-30 00:00 (UTC), with 75 million WLFI and up to 2.5 million USD1 token rewards Please stay tuned for Stage 2 Campaign Participation Terms. We will update the Stage 2 campaign terms on or before 2026-10-16. How to Participate in Stage 1: Eligible users must hold USD1 in balance (net assets), in any of the following account categories on Binance: Spot Account;Funding Account;Margin Account (USD1 as Collateral in Cross Margin, Isolated Margin, or Portfolio Margin); USDⓈ-M Futures Account (USD1 as Collateral in USDⓈ-M Futures Accounts, Multi-Assets mode is included). USD1 in Binance Futures or Margin accounts can receive a 1.2x bonus multiplier on rewards, only if the user’s Daily Open Interest on USD1 Futures pair(s) is maintained at a minimum of 300 USD1. Binance will take hourly daily snapshots of each user’s Open Interest each day and use the lowest recorded amount to determine if the users’ Daily Open Interest on that day meets the minimum requirement and their eligibility of the 1.2x bonus multiplier. Note: If the users’ Daily Open Interest on USD1 Futures pair is less than 300 USD1 on certain days, and hold more than 0.01 USD1 in their Margin or Futures Accounts, they will still receive 1x rewards on those days, but not the 1.2x bonus rewards. USD1 acquired through borrowing of other stablecoins will receive a haircut of 70%, after accounting for liabilities in Margin Accounts from other stablecoins, including USDT, USDC, U, RLUSD, and FDUSD. Campaign Details: Distribution: Rewards will be airdropped directly to eligible users’ Binance Spot Accounts. Distribution Frequency: Weekly airdrops during the Campaign Period. Reward Distribution: Rewards start accruing from 2026-10-02 00:00 (UTC). Weekly rewards will be distributed by 18:00 (UTC) every Friday in WLFI tokens. Distribution records can be found in Distribution History. The Weekly Reward Amount will be roughly calculated as follows: Qualifying Balance of each day = Lowest USD1 balance captured during those hourly snapshots on each day.Weekly Rewards = (7-day average of the Qualifying Balance * Effective APR on the distribution day * 7) / 365 After each weekly distribution, the effective APR for that period will be updated in this announcement. In determining the effective APR on the distribution day, Binance will take into account a number of factors, including, without limitation: Minimum recorded amount of Open Interest per day;Lowest balance of the snapshots each day;The daily aggregated amount of Qualifying Balances across all eligible holders of USD1;7-day average across all eligible holders of USD1 For USD1 acquired through borrowing other stablecoins: Eligible balance in Margin Account = USD1 Balance Before Leverage + Leveraged Amount * (1 - 70%): USD1 Balance before Leverage = MAX [USD1 Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Leveraged Amount = USD1 Balance in Margin Account - MAX [USD1 Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Note: ”Other Stablecoins” include USDT, USDC, U, RLUSD, FDUSD. Case examples: User A’s Daily Open Interest on USD1 Futures pair from Day 1 to Day 6 is maintained at 1,500 USD1, Day 7 at 100 USD1. Throughout the 7 days, the user holds 10,000 USD1 in Spot and 20,000 USD1 as collateral in Margin, and effective base APR is 20%, effective boosted APR is 24%, User A's rewards due to be received at the end of 7 days will be as follows:[(10,000 * 20% * 7) / 365] + [(20,000 * 24% * 6) / 365] + [(20,000 * 20% * 1) / 365] = 128.21 USD worth of WLFIUser B’s Daily Open Interest on the USD1 Futures pair is maintained at 1,500 USD1 throughout week 1. The user borrowed 5,000 USD1 from VIP loan or Margin (“liabilities”). Among this borrowed 5,000 USD1, 4,000 USD1 was used as collateral in Margin, the remaining 1,000 USD1 was held in their Spot Account in week 1. The effective base APR is 20%, effective boosted APR is 24%, User B’s rewards due to be received at the end of week 1 will be as follows:Qualifying Balance = 0 [(0 * 20% * 7) / 365] + [(0 * 24% * 7) / 365] = 0 USD worth of WLFIUser C’s Daily Open Interest throughout Week 1 was maintained at 100 USD1. The user had 1,000 USD1 in the Margin Account and used it as collateral to borrow 4,000 USDT through Margin (“Liabilities of the other Stablecoins”), then converted this 4,000 USDT to USD1. The user now holds 5,000 USD1 in Margin (“USD1 Balance”) in week 1. The effective base APR is 20%, effective boosted APR is 24%, User C’s rewards due to be received at the end of week 1 will be as follows:Since Daily Open Interest < 300, User C doesn’t qualify for 1.2x bonus rewards. Qualifying Balance = MAX [5,000 - 4,000, 0] + {5,000 - MAX[5,000 - 4,000, 0] } * (1 - 70%) = 1,000 + (5,000 - 1,000) * (1 - 70%) = 2,200[(2,200 * 20% * 7) / 365] = 8.43 USD worth of WLFI Important Notes: Snapshots of user’s Open Interest will be taken at any point of time each hour to get users’ hourly Open Interest. The lowest USD1 Open Interest captured during those snapshots on each day will constitute their Daily Open Interest. If the Daily Open Interest is lower than 300 USD1 for a specific day, then for that day the user won’t receive 1.2x bonus rewards.Users’ USD1 Qualifying Balance will be calculated as net assets (assets minus liabilities). USD1 as liabilities (e.g., borrowed from VIP loans, Margin loan, etc.) will be excluded from the Qualifying Balance for this campaign. Snapshots of user balances and total qualifying balances will be taken at any point of time each hour to get users’ hourly balances in the above mentioned account categories. The lowest USD1 balance captured during those snapshots on each day will constitute their Qualifying Balance and be used to calculate their rewardsFor example, a user’s lowest USD1 balance captured on 2026-10-02 is zero, then their qualifying balance for that day is zero. At any snapshot time, any one of users’ supported assets must be greater than 0.01 USD1 to be included in the calculation.Users are recommended to maintain their USD1 holding throughout the Campaign Period to maximize their rewards. Rewards distributed are rounded down to 2 decimal places. Rewards of sub-accounts will be distributed to the Spot Account of corresponding sub-accounts. Kindly note that the distribution time is not guaranteed and may change from time to time.There is no individual cap on rewards. Users’ rewards depend on their qualifying balance relative to the total qualifying balance of all eligible users and other factors. Stay tuned for weekly reward distributions and updates on the Campaign. Terms and Conditions: Users may not be eligible for rewards if there are active restrictions on their accounts.WLFI token value for airdrop distribution will be based on the official Binance market closing price one day before the airdrop distribution day.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly balances in the aforementioned account categories. The lowest USD1 balance captured during those snapshots on each day will constitute the user’s Qualifying Balance and be used to calculate their rewards.At any snapshot time, any one of users’ supported assets must be greater than 0.01 USD1 to be included in the calculation.Broker accounts are not eligible for this campaign. Binance reserves the right to periodically update the rules to accommodate changes in legal, regulatory, or other factors.Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in the campaign. Currently, users residing in the following countries or regions will not be able to participate in the USD1 campaign (notwithstanding that they may hold USD1): Åland Islands (Finland), Austria, Belgium, Bulgaria, Canada, Crimea (Ukraine – disputed territory), Croatia, Cyprus, Czech Republic, Denmark, Democratic People’s Republic of Korea, Donetsk People’s Republic, Estonia, Faroe Islands, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Ireland, Isle of Man, Islamic Republic of Iran, Italy, Japan, Latvia, Lithuania, Luhansk People’s Republic, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Poland, Portugal, Republic of Cuba, Réunion, Romania, Russian Federation, Saint Martin (French part), Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States of America and its territories.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.For clarity, references to “USD1” in the content above are not direct acronyms of the “United States Dollar” fiat currency unless otherwise specified.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Binance reserves the right to suspend any user's Margin borrowing at any time, without prior notice, in its sole discretion, if any abnormal or suspicious activity is detected.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-10-01 Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramWhatsAppXFacebookInstagramDiscord Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The APR is calculated weekly, and is expressed as an annualised percentage yield for illustrative purposes only. Each APR is not indicative of future results. The APR is likely to fluctuate week-to-week and the estimated rewards may differ from the actual rewards generated. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use, and our Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.
Elevate Service Group si zajistila až 25 milionů USD na akvizice a navýšila revolvingový provozní úvěr na 7,5 milionu USD. Zároveň snížila sazbu u provozní facility na prime plus 1,00 %.
Toronto, Ontario--(Newsfile Corp. - October 1, 2026) - Elevate Service Group Inc. (TSXV: SERV) (OTCQB: ESVCF) (FSE: Y19) ("Elevate" or the "Company") is pleased to announce that it has entered into an amended and restated credit agreement with a Schedule I Canadian lender, providing up to $25 million of acquisition financing and increasing its revolving operating facility to $7.5 million (the "Credit Facility"). The expanded Credit Facility provides Elevate with additional financial flexibility to execute its acquisition strategy while supporting the working capital requirements of its growing operating platform.
The amended Credit Facility includes: a new $25.0 million undrawn acquisition facility to support qualifying acquisitions in Canada and the United States; a $7.5 million revolving operating facility, increased from $6.0 million, to support working capital requirements; and approximately $14.5 million of existing term debt previously advanced in connection with completed acquisitions.
"The expansion of our credit facility reflects the continued support of our banking partner and provides Elevate with additional flexibility to pursue our growth strategy," said Paul Bissett, Chief Executive Officer of Elevate. "With up to $25 million of acquisition capacity and an expanded operating line, we are well positioned to pursue opportunities within our active acquisition pipeline across Canada and the United States while maintaining a disciplined approach to leverage and capital allocation."
"This facility is a powerful strategic tool that significantly enhances our ability to execute on our acquisition pipeline," said Romeo Di Battista Jr., Executive Chairman of Elevate. "By combining senior bank debt with our public market currency, balance sheet cash and vendor financing, we can structure compelling acquisitions, accelerate our growth and continue building Elevate into a leading North American services platform."
The amended Credit Facility also improves the Company's borrowing terms. The interest rate on the operating facility has been reduced to prime plus 1.00% from prime plus 1.25%, while the interest rate on the acquisition facility is based on prime plus a margin determined by the prevailing leverage ratio. The $25 million acquisition facility may be drawn in multiple tranches to finance qualifying acquisitions in Canada and the United States, subject to the terms and conditions of the credit agreement. Amounts drawn under the facility are amortized over seven years.
The Credit Facility contains customary financial and other covenants, including a maximum Total Funded Debt to Adjusted EBITDA ratio of 3.50x, subject to a temporary increase to 3.75x following certain material acquisitions, and a minimum Fixed Charge Coverage Ratio of 1.10x. The Credit Facility matures on May 10, 2028 and is secured against the assets and subsidiaries of the Company.
Elevate Service Group Inc.
Elevate Service Group is a national facilities management and essential commercial services company focused on building an integrated platform through disciplined acquisitions and organic growth. Through its operating companies, Elevate brings decades of experience serving national, blue-chip customers. The Company is building a scalable platform supported by shared infrastructure, technology and operational best practices. This approach drives efficiencies, expands service offerings, and delivers superior customer outcomes. Elevate trades on the TSX Venture Exchange under the ticker "SERV", on the OTCQB Venture Market under the ticker "ESVCF", and on the Frankfurt Stock Exchange under the ticker "Y19".
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as of the date of this news release. Any statement that discusses expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as "expects", "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budgets", "schedules", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events, or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information.
In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to general business, economic, competitive, political, and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information, or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Elevate Service Group Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316851
Source: Elevate Service Group Inc.
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Meta Platforms spustila agenty Muse AI, kteří mohou přinést nové příjmy z předplatného, transakcí a affiliate poplatků. První ohlas je silný: v USA a Kanadě měli za 12 dní 1,8 milionu stažení.
Meta Platforms' (META -1.84%) stock has emerged from its slumber, but I think the best days are still ahead of it as its AI infrastructure spending begins to pay off with new revenue streams. The stock has spent much of the past year down from its summer 2025 highs, but recently climbed back to breakeven year-over-year thanks to a strong rebound since mid-August, when it traded below $550.
The stock really broke out following the debut of its Muse AI agents. Over the past couple of years, Meta has invested heavily in AI, both through significant infrastructure capital expenditures and by poaching top AI talent from other companies, promising to become a leader in what it calls "personal superintelligence." However, given how Meta spent tens of billions of dollars on its metaverse ambitions and came away with essentially nothing to show for it, investors have been skeptical about the social media company's increasing AI-related capex.
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AI agents add more revenue streams That all changed with the launch of Meta Platforms' Muse AI agent, which introduced an intriguing product that could open up multiple new revenue streams. Muse AI agents can independently perform a wide array of multistep tasks for users starting from simple initial instructions, including making appointments and reservations, planning and booking trips, shopping, writing emails, creating budgets, and even negotiating with companies to lower bills. The agents are free to use, and Meta won't share the data with its ad systems. However, the company can monetize the agents in a couple of ways.
First, its free tier has a limited number of tokens, so power users who want to do more with Muse will need to buy higher-usage subscriptions. The $20-a-month plan includes 500 million tokens per week, while the $100-per-month maximum plans include 3 billion tokens per week. The latter subscription is largely for those who plan to use AI agents constantly.
There are no other differences between the plans besides token use. Meta expects most users to remain on its free plan, but that does give it a nice start toward a recurring subscription business.
The bigger revenue opportunity for Meta is through transaction processing and affiliate fees. The company will take a small cut of the proceeds when its AI Muse agents help facilitate transactions or direct users to certain products. Another huge opportunity involves using Muse agents to automate and monetize its large Facebook Marketplace presence, which currently generates little revenue.
The early reception for the agents has been strong. According to Apptopia, the new app saw 1.8 million downloads in the U.S. and Canada within its first 12 days. SimilarWeb reported approximately 700,000 daily users just 11 days after its introduction. Evercore analyst Mark Mahaney, meanwhile, is predicting Muse will reach 100 million users over the next six to 12 months.
Image source: The Motley Fool.
Meta also has plans to move its agents beyond personal AI. A few weeks after its original announcement, the company introduced Muse agents for small businesses, connecting them to popular software platforms such as Salesforce's Slack, Zoom, Box, and Canva. Similar to personal agents, the commercial version of the service will have a free tier with relatively low usage limits and subscription tiers with higher ones.
Meta also announced that it is launching an enterprise platform that will bring together its AI agents, AI models, coding tools, and AI infrastructure on one platform. This is a much broader and deeper push, and the company poached MongoDB CEO Chirantan "CJ" Desai to lead the charge. This is a huge opportunity, but it also pits the company against some pretty large foes.
Time to buy the stock? Despite the recent jump in its stock price, Meta is still attractively valued, trading at 21 times analysts' 2027 earnings estimates. Meanwhile, it's been seeing strong growth in its core social media advertising business, with AI helping improve its recommendation algorithm to keep users on its platform longer and boost ad conversions.
Meta was already hitting on all cylinders with its core business, so if you add new revenue streams beyond advertising, it has the potential to become the next big AI stock in the coming years. Expect its recent rebound to continue as it demonstrates that its AI investments were worthwhile.
Tesla začala vyvážet produkci ze Šanghaje do Vietnamu, kde chce využít rychle rostoucí trh s elektromobily. Narazí ale na VinFast, který má 92% podíl na domácím trhu.
If you follow the global automotive industry or Tesla (TSLA +0.56%) you likely know that the electric vehicle (EV) maker has a big China problem. To be fair, all automakers in China, domestic or foreign, have a China problem amid the country's economic uncertainty and a brutal EV price war that has squeezed margins across the board. To combat this, Tesla is opting to send vehicles from its Shanghai plant to more profitable destinations in Asia.
That has Tesla's sights on Vietnam, a fast-growing economy with EV sales more than doubling last year. But Tesla will face a local powerhouse with 92% of the domestic market. Of course, Tesla has at least one advantage that could help it not only boost global sales but also improve margins.
Exports to save the day! One only has to glance at Tesla's domestic sales in China and its exports to see the trend: Through the first eight months of 2026, Tesla delivered just over 316,000 vehicles in China, down 12% from the prior year. On the flip side, Tesla's export volume over that same time period rose 115%, topping 331,000 vehicles.
Considering export sales are generally more profitable than domestic sales in China right now, it's a prudent move. Now Tesla has started exporting Chinese production to Vietnam, which became Southeast Asia's largest EV market last year, with 40% EV market share of new car sales in the region. During the second quarter, EV sales in Vietnam surged nearly 90% compared to the prior year.
But standing in the way of Tesla's otherwise sound strategy is VinFast Auto (NASDAQ: VFS), which, again, has captured a remarkable 92% of the Vietnam EV market.
"It would be difficult for Tesla to compete with VinFast in Vietnam because VinFast has advantages that go well beyond product availability," Koketso Tsoai, senior auto analyst at BMI, told CNBC.
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Only veteran auto industry investors will have heard of VinFast, especially given its debacle entering the U.S. market, marked by consistent quality issues, a transition from direct-to-consumer sales to a dealership network, and an ultra-thin product lineup of just two vehicles.
Despite its failure in the U.S. market, it's an entirely different game on VinFast's home turf. Tesla does, however, have a few things in its favor. VinFast can't compete with Tesla on its global brand image or its advanced technology and software, including its controversial full self-driving functionality, all of which appeal more to premium EV buyers in Vietnam hoping to stand out. VinFast vehicles with such a commanding market share have become commoditized, giving Tesla a perfect opportunity to export its premium China-made vehicles.
VinFast's VF9 is one of the only two VinFast vehicles American's might recognize competing domestically. Image source: VinFast.
What it all means Vietnam is a different animal from other Southeast Asian markets Tesla has entered. Consider that Thailand's EV market has a more mature production ecosystem and a range of well-known, affordable Chinese-brand options, while Indonesia's market is primarily focused on battery materials and incentivizes local production.
On the one hand, Tesla won't need to generate EV demand from scratch in Vietnam, with market awareness already high; on the other hand, it will have to prove that its brand, ownership experience, and technology all deserve a premium over the local stalwart. All that said, this is but one move of many that Tesla is making to boost its operations in China amid the critical market's instability and price war. That alone makes this development worth noting for investors.
Alphabet vynese ve čtvrtek své AI čipy do oběžné dráhy na raketě SpaceX Falcon 9 jako první test projektu Suncatcher. Cílem je ověřit, zda mohou ve vesmíru fungovat škálovatelná datová centra pro AI.
Alphabet plans to launch its homegrown AI chips into orbit on Thursday in a SpaceX Falcon 9 rocket, a step towards making data centers in space a reality.
The launch is scheduled for 11:15 am PT from Vandenberg Air Force Base in California's Santa Barbara County.
SpaceX has promoted supercomputers in space as the next frontier in artificial intelligence infrastructure, touting "infinite real estate" in orbit as a means of escaping the data center backlash on the ground. During the uncrewed Transporter-18 mission, SpaceX will carry Planet Labs satellites, including a solar-powered prototype equipped with Google's tensor processing units (TPUs).
It marks the first in-orbit test for Alphabet's Project Suncatcher, a "moonshot" initiative Google first revealed in November 2025. The company aims to develop reliable, solar-powered AI computing infrastructure that can operate continuously in space.
In a post announcing the launch plan, Alphabet said Project Suncatcher is a means of "exploring whether space could one day host scalable machine learning infrastructure."
Alphabet is a significant investor in SpaceX, which went public in June in a record IPO, and the businesses are close partners even as their AI divisions compete with one another. Alphabet's stake in SpaceX is currently valued at over $82 billion.
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In low Earth orbit, satellites can "access near-constant sunlight, generating up to eight times more solar power than on Earth," Alphabet said in the post. Eventually, they expect to be able to "link together multiple constellations of satellites, allowing them to manage larger AI workloads while in orbit."
The Google parent has already tested its TPUs running AI workloads in a facility at the University of California at Davis, but doesn't yet know how its chips will perform in the challenging conditions of low Earth orbit.
SpaceX, led by Elon Musk, has also announced that it plans to build and launch its own orbital data centers. They will be comprised of swarms of satellites the company develops in Redmond, Washington, equipped with graphics processing units and solar arrays it plans to produce with Tesla, Musk's automaker.
Earlier this year, Musk said data centers in space would be the cheapest way to train AI, "and that will be true within two years, maybe three at the latest." SpaceX COO Gwynne Shotwell said at an event in September that the company will deploy "supercompute in space" in 2027.
Industry experts say space-based data centers represent a far-out mission, if they can even become feasible, in part because rocket launches remain capacity-constrained and expensive. Orbital data centers would also require cooling systems and chips that can withstand extreme temperatures, as well as protection from radiation. Clutter and orbital debris could also impede their viability.
The Transporter-18 flight will be the second potentially historic launch in a single day for SpaceX, which is also slated to carry astronauts to the International Space Station from Florida's Space Coast for NASA on Thursday, marking the start of a six-month mission in orbit.
Americké spotové Bitcoin ETF ukončily devítidenní příliv kapitálu ve výši 3,1 miliardy USD a ve středu zaznamenaly čistý odliv 148,7 milionu USD. Nejvíc odtékalo z Fidelity FBTC, zatímco BlackRock IBIT přišel o 9,5 milionu USD.
The U.S. spot Bitcoin exchange-traded funds' nine-day, $3.1 billion net inflow streak came to an end on Wednesday, with a combined $148.7 million in net outflows, according to data compiled by The Block.
BlackRock's usually dominant IBIT product ended its own nine-day, $1.6 billion inflow run, with $9.5 million exiting the fund. Fidelity's FBTC led the day's net outflows with $125.6 million, followed by Bitwise's BITB with $13.6 million. The remaining funds all registered zero flows.
Spot bitcoin ETF flows. Image: The Block. The nine-day streak had marked one of the most positive runs for the bitcoin funds this year, taking cumulative flows back into positive territory for 2026.
"Here's a nice look at the lifetime cumulative flows for the Bitcoin ETFs… getting really close to a new high water mark, which is arguably astonishing given what they've been through over the past 11months," Bloomberg Senior ETF Analyst Eric Balchunas said ahead of the latest daily figures.
However, the funds remain about $5 billion away from their cumulative flow peak on Oct. 10 last year, fellow Bloomberg ETF analyst James Seyffart noted.
Cumulative flows into bitcoin ETFs. Image: Bloomberg. Overall, the U.S. spot Bitcoin ETFs have generated over $57 billion in cumulative net inflows since their debut in January 2024 and $970 million year-to-date, with over $100 billion in assets under management, per The Block's Bitcoin ETF Tracker page.
Last week, the newest Bitcoin ETF from Morgan Stanley, which launched in April this year, topped 10,000 BTC in assets under management for the first time, according to the firm's MSBT fund page.
Spot Bitcoin ETF AUM. Image: The Block. Meanwhile, U.S. spot Ethereum ETFs saw $59.6 million in net outflows on Wednesday, led by $26.6 million exiting Fidelity's FETH fund. That extends their net outflow streak to two days, following a prior seven-day, $850 million inflow streak. Total net inflows for the Ethereum funds, which launched later in July 2024, currently stand at around $14 billion.
Spot Ethereum ETF flows. Image: The Block. Bitcoin whipsaws as soft PCE cools October Fed rate hike bets Bitcoin whipsawed around the $84,000 level on Wednesday, as a softer-than-expected reading of the Federal Reserve's preferred PCE inflation gauge reduced expectations for another interest rate hike in October.
"A 0.2% monthly rise in core PCE prices is welcome news for the Fed," said Brendan Ma, head of investment strategy at the Arbitrum Foundation. "If September CPI points the same way, the pressure for an October hike eases."
Bitcoin closed positive for September, up 6.4%. It is currently trading at around $83,950 on Thursday, per The Block's (BTC) price page.
AMD oznámila páté rekordní čtvrtletí v řadě u serverových procesorů, ale růst ohrožují vlastní Arm čipy cloudových hyperscalerů. Tržby datových center vzrostly na 6,72 mld. USD, meziročně o 107 %.
AMD just posted its fifth straight record quarter for server CPUs, yet a quiet structural shift in the cloud threatens to cap how far that streak can run. The answer hinges on one upcoming chip and which hyperscalers choose to…
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AMD (NASDAQ:AMD | AMD Price Prediction) and NVIDIA (NASDAQ:NVDA) both posted strong summer quarters. AMD reported its fifth consecutive quarter of record server CPU revenue. NVIDIA put its Vera CPU into full production. Cloud giants keep building their own Arm chips, and AMD feels that pressure most.
EPYC Sets Records as Vera Arrives Uninvited AMD’s Data Center revenue reached $6.72B, up 107% YoY, with operating income of $2.10B swinging from $155M loss. Cloud and enterprise server CPU sales each grew more than 70% year-over-year, with unit growth higher than price growth, indicating continued demand.
NVIDIA’s Data Center revenue hit $89.02B (+117% YoY). Trailing 12-month Grace CPU revenue exceeded $5 billion, and CFO Colette Kress said Vera expands their TAM even further, putting NVIDIA in direct competition with EPYC.
CPU Lens AMD NVIDIA Next Server CPU 6th Gen EPYC Venice, Zen 6, 2 nanometer Vera Architecture x86 Arm Growth Signal Server revenue more than 80% in 2H 2026 CPU revenue to more than double in fiscal 28 Headline Claim up to 3.3 times the performance per watt of leading Arm CPUs Agentic task completed 1.8x faster on SPEC Graviton, Cobalt and Axion Hurt AMD and Help NVIDIA Each hyperscaler Arm chip takes an x86 socket that EPYC could have won. AMD said it gained x86 server revenue share year-over-year, a measure excluding Arm entirely. Management did not name any hyperscaler custom CPU on the call.
For NVIDIA, the same chips work like proof of concept. Every Graviton fleet shows Arm runs at cloud scale, and Vera uses Arm too. NVLink Fusion lets outside chips connect to NVIDIA’s fabric, so NVIDIA gets GPU and networking spending when it loses a CPU socket. Amazon (NASDAQ:AMZN) shows this: it designs Graviton, yet AWS is deploying an additional 2 million GPUs that include Vera CPUs.
Venice Cloud Wins Will Settle the CPU Fight Venice is in production now, with cloud deployments beginning later this year. Watch whether hyperscalers add Venice instance types or move workloads to their own chips. AMD expects the 2027 server supply situation should be better than 2026. Track AWS Vera volumes against the $108B Q3 revenue guide.
Why NVIDIA Holds the Edge on the Arm Question AMD shares are up 185.66% year to date; NVIDIA is up 22.74%. AMD trades at 40x forward earnings versus 25x for NVIDIA, meaning EPYC wins for years.
AMD pairs faster CPU momentum with a 2.476 beta. NVIDIA holds the structural edge on the Arm question because Arm’s spread in the cloud strengthens its platform while pressuring AMD’s x86 franchise. That outlook changes if Venice lands major hyperscaler instance types in early 2027.
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Ripple has performed its scheduled monthly release of 1 billion XRP from escrow as October begins. Blockchain tracker Whale Alert reported four transactions that saw a total of 1 billion XRP unlocked from escrow.
The transactions are given as 400,000,000 XRP worth $595,636,565 at the time of unlock; 200,000,000 XRP worth $297,818,282; 300,000,000 XRP worth $446,727,424; and 100,000,000 XRP worth $148,909,141.
The release follows Ripple's established practice of unlocking XRP at the beginning of each month from its escrow accounts. While the headline figure is 1 billion XRP, the entire amount does not necessarily enter the circulating market.
Ripple has often returned a large portion (about 700 to 800 million XRP) of unlocked XRP to escrow, with the remainder used for operational purposes, ecosystem initiatives, and other activities.
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According to XRPScan data, the total XRP escrowed is given as 31,845,130,805 XRP (31.9% of supply), while the XRP circulating supply is given as 68,126,080,636 (68.1% of total supply of 100 billion XRP). A total of 14,394,279 XRP has been burned so far (0.014% of supply).
The next 24 hours will be watched to see how much Ripple returns to its escrow to get the exact amount of XRP left. For now, 31.845 billion XRP remains escrowed, down from over 32.4 billion XRP reported months back.
Ripple newsLendingProtocolV1_1 is open for validator voting. It introduces closed-ended vaults and cash-basis accounting for XRPL lending, and it must activate before the Lending Protocol and Single Asset Vault amendments can proceed.
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In a recent milestone, over 10 million x402 payments have now settled on the XRP Ledger, less than 3 months after hitting the 1 million milestone.
According to RippleX head of engineering JA Akinyele, the volume is still dominated by AI agents paying for inference and data, but a broader range of x402 services are beginning to show up across financial data, risk, credit, and other agent APIs. In addition, the latest 7-day run rate is now 500,000 payments per day'
In a major milestone, central securities depository CSD BR is recording securities ownership on a public blockchain for the first time—on the XRP Ledger. CSD BR is partnering with Ripple to bring Brazil's regulated capital markets onchain, starting with BTG Pactual fund shares secured by Ripple Custody.
XRP Ledger has processed more than 10 million x402 payments. The network now averages about 500,000 x402 payments daily. AI agents remain a major driver of automated payment activity. x402 supports payments using XRP and RLUSD for digital services. Ripple joined the x402 Foundation as a Premier Member to support protocol development. The XRP Ledger has passed 10 million x402 payments, less than three months after reaching its first million. RippleX head J. Ayo Akinyele said the network averages 500,000 x402 payments daily. He linked the rise to AI agents paying for online services.
XRP Ledger Records Rapid x402 Payment Growth The x402 protocol lets software send payments through HTTP requests. Coinbase launched the protocol in May 2026 using the HTTP 402 “Payment Required” code. Agents can pay for APIs, data, and digital services without accounts or manual approval.
We are excited to introduce x402–a new open source payments protocol built on HTTP rails.
Let’s break it down: pic.twitter.com/9PNI49NK7A
— Coinbase Developer Platform🛡️ (@CoinbaseDev) May 6, 2025
XRPL joined x402 through an implementation from t54. It supports XRP and RLUSD, while settlement usually finishes within seconds. The growth follows x402 adoption for AI agent payments, with networks connecting to the protocol.
AI Agents Drive Automated Payment Activity Akinyele said AI agents remain the source of most x402 activity on XRPL. These agents can locate services, pay for access, and continue tasks without waiting for manual approval.
The network crossed one million x402 payments within weeks of adding support in June. Activity rose after developers gained the XRPL AI Hub and AI Starter Kit. The kit lets agents send and receive XRP and RLUSD.
Low Fees Support Machine-to-Machine Payments XRPL charges a transaction fee near $0.0002, supporting frequent low-value payments. Payments settle within three to five seconds, giving automated systems a result before another task. Recent RLUSD growth across the XRP Ledger shows another payment asset gaining use on the network.
t54 said APIs and data services account for much of x402 activity. New services are appearing in financial data, credit, and risk tools. These uses give agents more options for buying digital resources directly.
Ripple Joins Wider x402 Standards Effort Ripple joined the Linux Foundation-backed x402 Foundation as a Premier Member. The group launched in July 2026 with 40 members from payments, cloud services, finance, and technology. Ripple can take part in technical and governance discussions around the protocol.
XRPL development continues beyond agent payments. Recent XRP Ledger upgrade activity includes work on features for linked transactions and other payment functions. For x402, the milestone shows automated payments now account for more network activity.
Akinyele previously said he expected XRPL to pass 10 million x402 payments quickly. He also said the network could reach 100 million over several years if AI agent use and supporting infrastructure continue to grow.
Uphold spustil Vault Inheritance pro Bitcoin, XRP a HBAR, aby držitelé mohli určit dědice svých digitálních aktiv. Po úmrtí Uphold po kontrole dokumentů schválí převod na účet dědice.
Uphold has rolled out Vault Inheritance, which is described as a legacy-planning option for customers who keep Bitcoin, XRP, and Hedera in the platform’s assisted self-custody wallet.
The company framed the product as a response to a problem unique to crypto: legal title can pass to an heir, but the cryptographic control needed to move coins often does not.
Vault itself launched in late 2023 as a 2-of-3 multisignature wallet inside the Uphold app.
Two keys belong to the user and one belongs to Uphold.
Two signatures are required to move funds, so the firm cannot unilaterally spend customer assets, while users still get help replacing a lost key and can trade without first leaving the app.
Inheritance is now layered on that structure. A holder invites a beneficiary from the Vault dashboard.
The invitee must be at least 18 and hold an Uphold account.
That person receives no view of balances, history, or addresses while the owner is alive, and the designation can be changed at any time.
After a death, the beneficiary starts a claim in the app and submits official records such as a certified death certificate or probate order.
Uphold’s compliance team reviews the paperwork.
Only after that review does the firm co-sign a transfer of Vault holdings into the beneficiary’s own Uphold wallet.
The company says the beneficiary needs no prior crypto experience.
For XRP, the ledger’s reserve rules still apply, so a small amount of XRP must remain in the account.
Nancy Beaton, Uphold’s president of consumer, said digital assets have become part of how many people build wealth, yet few simple tools exist to pass them on securely, “especially for XRP holders.”
The firm cited widely circulated estimates that millions of bitcoin—valued in the hundreds of billions of dollars—sit in wallets that are effectively unreachable because owners died or lost keys.
Those figures mix several kinds of inaccessibility and should be treated as industry estimates rather than a precise inventory.
Even so, they capture the practical gap the product is meant to close.
Vault currently supports BTC, XRP, HBAR, and a short list of XRPL tokens, with more networks planned.
Availability follows Uphold’s existing footprint, including the United Kingdom, the European Economic Area, most US states, and other supported regions.
The design is a compromise.
Users keep day-to-day control and can still move coins independently if Uphold’s systems fail.
They also accept a paid subscription and place trust in the firm to verify claims and co-sign the final transfer.
That is different from leaving seed phrases in a will or relying on a purely self-managed wallet, where a missing phrase can lock an estate out of the funds forever.
It is also different from a conventional brokerage account, where beneficiary designations are usually free and the custodian already holds the assets.
For holders who want self-custody without treating key management as a family project, Vault Inheritance is a narrower, productized path: name one adult beneficiary, keep the coins private in life, and let a documented claim, plus Uphold’s remaining key, complete the handoff after death.
Wall Street chce od Nvidie u financování AI zajištěného čipy větší záruky, než firma původně plánovala. Banky nevěří, že její GPU udrží hodnotu a výnosnost tak dlouho, jak Nvidia tvrdí.
Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth. The answer for banks and investors seems to be: Not as much as Nvidia thinks.
Some lenders want higher guarantees than the company had originally outlined, even for Nvidia's industry-leading AI processing power, as they try to calculate how long the revenue from its chips will last, banking sources and credit managers told Reuters, some requesting anonymity.
The chips, which provide the critical processing power known as "compute", are at the center of a potential mismatch in views between Nvidia and a more cautious Wall Street, raising potential future financing headaches for AI companies seeking to tap deep new pools of capital.
The bankers and asset managers said they have some doubts that the chips can act as long-term collateral as Nvidia says, and therefore want more guarantees from the company on its $500-billion financing plan that relies on chip-backed loans.
Already, sources told Reuters, deals in the pipeline likely offer investors more certainty including stronger guarantees.
"Wall Street is much more conservative," Tony Trzcinka, a senior portfolio manager at Impax Asset Management, said of Nvidia's claim that its most specialized chips can earn revenues for a decade.
In a statement, an Nvidia spokesperson said that its "AI compute is a productive, durable and fungible asset that can support long-term financing. Our financing partners independently assess each opportunity, including customer commitments, expected cash flow and residual value."
"Financing structures will vary as this market develops," the spokesperson added.
QUESTIONS OVER PLAN
The questions over Nvidia's financing plan come as companies and investors are pouring hundreds of billions of dollars into data centers, chips and power capacity to support the broader AI boom, which is driving US economic growth. That has increased scrutiny of the more complex deals, and assumptions about the longer-term value of computing hardware.
Some have questioned the use of private credit, vendor financing and circular deals, the last two of which played a role during the dot-com boom and bust more than 25 years ago, Morningstar analysts said in a recent note.
Nvidia's plan, announced with financiers including Blackstone, Apollo and KKR in August, had envisioned using chips as collateral with limited guarantee in order to allow AI developers a way to facilitate their access to Nvidia's compute. The strategy was seen as an expensive but necessary way to create a financing market similar to that used in the leasing of aircraft.
Nvidia has said that some of the deals could have no more than a 25% residual value guarantee, saying the initiative is designed to address concerns around circular financing.
This was seen as offering less support than other recent AI financing deals, raising expectations among some on Wall Street that Nvidia would need to get more creative.
Three banking sources, who were familiar with the matter but not part of the original financing group, said Nvidia may need to offer guarantees on all of its deals, or they may have to be backed by a revenue stream from investment-grade customers such as a technology firm to cover the debt.
For now, they told Reuters, the market is not ready to treat the chip-maker's compute as an investment-worthy asset akin to aircraft.
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Nvidia is seeking to ease these concerns, the sources added, giving details that had not previously been reported.
Tens of billions of dollars of loan deals in the pipeline are likely to have strong guarantees and contracts, one source said. A second source said that some structures being explored would potentially give lenders guarantees.
These initial deals will give AI developers access to the company's compute, and they are secured by Nvidia's own chips and will be backed by customer contracts and by Nvidia's underlying guarantee, said the first source.
Despite the concerns over guarantees, there remains high demand to finance the deals, the sources said.
The Nvidia spokesperson did not directly address Reuters' questions about potentially expanded guarantees.
Chief Executive Jensen Huang has said he aimed to make Nvidia's compute "an investable infrastructure asset", as opposed to the typical system of customers buying subscription contracts to AI firms in order to get access to the compute.
Huang said in a blog post in August that the $500-billion initiative was designed to address concerns about circular financing, or when a company helps finance purchases of its own products. It brings independent institutional capital into the AI infrastructure market, while Nvidia's financial partners raise money from investors to support loans, he said.
A third banking source said that lenders and private capital are expected to play a role in this funding.
Five of the company's six financial partners declined to comment for this article, while Apollo did not respond to a request for comment.
CHIP LIFE
The CEO addressed some skepticism when he said in the post that Nvidia's graphics processing units, or GPUs -- specialized chips whose compute is used to train and run AI models -- have a useful life of up to a decade.
Some credit investors and bankers see a more modest lifespan of chips generating revenue.
"Nvidia would imply that the GPUs work well north of five years, and that actually has been proven to be true thus far," said Andrew Chang, a director at S&P Global Ratings. Yet "we take a conservative view of the value of those chips," he said.
The first banking source said that part of the divergence in views with the company is that there still isn't enough historical data for lenders to confidently underwrite long-term residual value based on GPUs.
"Banks typically underwrite GPUs over a 3-4 year depreciation schedule," said Trzcinka of Impax.
"That is different than Nvidia which argues top-tier GPUs can earn revenue for a decade," he said, adding investors are likely to seek higher interest rates, bigger financial cushions and stronger repayment protections before backing loans secured by AI chips.
"As investors, you're going to be a lot pickier about the levels that you need to get compensated for to take incremental risk," said Loren Moran, fixed income portfolio manager at Wellington Management, with $1.3 trillion in assets under management.
Nvidia pointed to several third-party studies that showed major cloud companies extending the depreciation periods for servers up to five to six years, from three to four.
It also pointed to a finding from Barkr, a firm that provides valuations for AI collateral such as GPUs, that the company's most recent GB300 NVL72 systems could have a useful life of 9 to 10 years.
CHIP-BACKED LOANS
Some companies have tested the market with chip-backed loans, but, unlike Nvidia's, these deals were backed by revenue from a technology firm to support debt payments.
CoreWeave, in which Nvidia has a stake, closed an $8.5-billion facility in the first investment grade GPU-backed loan earlier this year. The loan is rated A3 largely because lenders rely on Meta's contractual payments, which are viewed as highly dependable.
Separately, Broadcom, an Nvidia rival that is helping finance AI computing capacity for Anthropic, backstopped more than 80% of a $35-billion financing structure, helping to attract debt investors.
Nvidia itself previously provided a residual-value guarantee to support financing for SB Energy's Ohio data-center project, according to S&P and Moody's.
"The precedent transactions so far would suggest that the creditor community does not subscribe to long average lives for these assets," said Brian Gelfand, co-head of global credit at TCW, which manages more than $200 billion.
S&P 500 je blízko historického maxima, ale jeho forward P/E je 19,4, nejnižší od dubna 2025. Nvidia, Alphabet i Amazon přitom zlevnily, protože jejich zisk roste rychleji než akcie.
Despite multiple major sell-offs, the S&P 500 (^GSPC -0.25%) has more than doubled since the start of 2023 and is up 13.1% year-to-date. That's significant outperformance relative to the index's annual total returns of 9% to 10% over long periods.
Investors sometimes associate higher stock prices with stocks being more expensive. Nvidia (NVDA +0.52%), Alphabet (GOOG +1.01%)(GOOGL +0.93%), and Amazon (AMZN +1.00%) show why that isn't always the case, and why the S&P 500 remains a good value.
Image source: Getty Images.
The S&P 500 forward P/E ratio is just 19.4 Valuations expand when stock prices outpace earnings growth. Valuations compress if earnings hold up during steep sell-offs or if earnings are simply growing faster than stock prices -- which can happen during periods of rapid innovation like the one we are in now.
You may be surprised to learn that, despite the major indexes being around all-time highs, many of the largest growth stocks have actually gotten cheaper based on their forward price-to-earnings (P/E) ratios.
AAPL PE Ratio (Forward) data by YCharts
As you can see in the chart, Nvidia trades at just 24.4 times forward earnings, Amazon is just 20.1, and Alphabet is 17.2. That's because earnings and forward earnings estimates have been rising faster than their stock prices. Those are three of the five most valuable companies in the world. The other two are Microsoft (MSFT +0.77%) and Apple (AAPL +1.10%). Microsoft's valuation has been more consistent. Whereas Apple has staged an epic rally in recent months and isn't projected to grow as quickly, which is why its forward P/E is so much higher than its mega-cap peers.
The forward P/E of the S&P 500 is just 19.4 -- which is the lowest since April 2025 during the height of the tariff-induced sell-off. Earnings growing faster than stock prices is a signal that there's considerable uncertainty about whether hyperscalers and chip giants will live up to lofty expectations. Doubt may be creeping in, particularly for stocks like Amazon and Alphabet, which are hovering around valuations comparable to the index, even though they are far higher-quality companies than the typical S&P 500 component.
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Nvidia stock is up 21.9%, but its earnings are growing even faster Inexpensive valuations from top growth stocks are a reminder that stock price charts only tell part of the story. And ultimately, what matters more than tickers fluctuating between green and red is how the underlying business is doing and how it is projected to perform. Take Nvidia, for example.
In late August, Nvidia reported blowout second-quarter fiscal 2027 results, with record profits and high margins despite soaring memory chip costs. Nvidia buys memory chips from suppliers to include in its rack-scale solutions for data centers, which are a plug-and-play offering that includes graphics processing units, central processing units, and other chips and networking hardware. Even with half of fiscal 2027 still to go, Nvidia is already guiding for a 70% year-over-year increase in fiscal 2028 revenue as its latest platform, Vera Rubin, began shipments in August with clear visibility for sales well into fiscal 2028.
So despite Nvidia's stock price increasing 21.9% year-to-date, and 38.9% last year, its valuation has compressed because its earnings growth is even faster.
Amazon and Alphabet are also good examples of affordable growth stocks. Amazon has a track record of aggressively reinvesting in its best ideas rather than buying back stock. Whereas Alphabet has been consistently free cash flow (FCF) positive, profitable, and regularly buys back stock. But both companies view artificial intelligence (AI) as such a massive opportunity that they have turned FCF negative, with a lot of that spending going to companies like Nvidia for compute capacity.
However, hyperscaler margins could soar once capital investments in AI data centers begin raking in revenue. And while chip stocks like Nvidia, Broadcom, and Advanced Micro Devices would be impacted if their top customers pulled back on spending, they also stand to benefit from future upgrades of existing infrastructure with next-generation tech, as well as the overall demand for compute growing from non-hyperscalers -- such as AI start-ups. Nvidia views the opportunity outside of its core hyperscaler customer base as massive, which is why it's partnering with a consortium of financial institutions to raise $500 billion for AI infrastructure.
Leading AI stocks at compelling valuations The rapid run-up of many top AI growth stocks in recent years may give investors pause -- especially with major indexes like the S&P 500 near all-time highs. But the earnings growth has been so exceptional that many stocks have actually gotten cheaper.
That said, there are risks with valuing stocks based on forward P/E. It puts pressure on companies like Nvidia to meet high expectations, which Nvidia has so far done. But if there is a slip-up, or one or two key customers pull back on spending, then that could let out hot air from the valuation.
Therefore, investors who believe that AI spending will ultimately yield a solid return on investment are getting an exceptional opportunity to buy these industry leaders at compelling valuations. Whereas investors who are skeptical of the spending spree may prefer that hyperscalers transition back toward capital-light, high FCF companies rather than capital-intensive, negative FCF companies before smashing the buy button.
Netflix CEO Says Growth Is Too Slow as Live Programming Takes Center Stage Summary
Netflix co-CEO Ted Sarandos said the streaming company is not expanding as quickly as he would like while highlighting live content’s ability to attract customer
Netflix (NFLX) is looking to lift its growth rate as co-CEO Ted Sarandos said subscriber and business expansion has not matched his expectations, while the streaming company continues to invest in live programming, according to remarks at the Bloomberg Screentime conference in Los Angeles on Wednesday.
Sarandos said Netflix is devoting about 5% of its roughly $20 billion annual content budget to live events. That spending accounts for about 1% of viewing, but he said live programming can attract new customers and help limit cancellations.
Netflix has also been building its position around creator-led video, including deals involving YouTube talent. Sarandos said those arrangements do not represent a major strategic shift, even as YouTube remains a larger force in online video.
Sarandos also addressed Netflix's pursuit of Warner Bros. content and the broader streaming landscape. He said the effect of the potential combination involving Warner Bros. Discovery remains uncertain, while Netflix continues to assess where live content, creators and its existing programming slate can support further growth.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Amazon a Flipkart na svých indických platformách prověřují nabídky bezpečnostních kamer bez státního schválení. Reuters našel více než 700 zhruba ze 770 inzerátů bez povolení.
Amazon and Walmart's Flipkart have begun checking security camera listings on their platforms in India after hundreds of unlicensed products were offered for sale despite strict government testing rules imposed six months ago amid concerns about espionage risks.
The two e-commerce companies, which dominate online shopping in India, were reviewing internet-enabled surveillance cameras listed by third-party sellers and brands on their platforms after Reuters discovered the listings, two people familiar with the checks said. Any without government approval would be removed, the people said.
Amazon, in an email, declined to comment, while Flipkart did not respond to Reuters queries.
From roads to homes, security cameras have become ubiquitous across India, fuelling an industry worth $4.4 billion, but unapproved sales online are a "serious concern", said Gulshan Rai, who was Prime Minister Narendra Modi's cybersecurity chief from 2015 to 2019.
"A compromised camera can become both a surveillance risk and a cybersecurity entry point," he told Reuters.
A Reuters analysis this week found more than 700 of roughly 770 internet security camera listings on Amazon and Flipkart were for models that were not on the Bureau of Indian Standards' public database of approved brands or cameras.
Since April, surveillance camera manufacturers have been required to submit hardware and software for testing to obtain certification from the standards bureau before they can sell their equipment in the world's most populous country.
The rules, first announced in 2024, reflect growing concern in New Delhi that sensitive footage could be transferred abroad. In April, the Delhi police said they had uncovered a Pakistan-linked spying network that used Chinese-made SIM-enabled CCTVs near military sites in northern India to send live footage to handlers in Pakistan.
Since Tuesday, at least a dozen listings have been removed from the e-commerce platforms, including at least two models from Hikvision's EZVIZ brand, which Amazon now shows as "currently unavailable".
Hikvision (002415.SZ) and Zhejiang Dahua Technology (002236.SZ) had 30% of the Indian security camera market, Counterpoint Research told Reuters last year. The companies did not respond to Reuters requests for comment.
The Bureau of Indian Standards did not immediately respond to Reuters' requests for comment about the listings.
'LIVE FOOTAGE FROM ANYWHERE'
Global e-commerce giants have often come under fire in India for having restricted products, including e-cigarettes, gender-test kits and banned wildlife products, listed on their platforms.
Reuters found at least eight unlicensed WiFi camera models from Hikvision and Dahua on Amazon. The US has barred its government agencies from buying some of their equipment over Beijing-related security concerns.
Other listings included Maizic Smarthomes, which describes itself as India's best-selling AI security brand. None of its 138 "wifi camera" offerings on Amazon, including some slotted inside bulbs, had an Indian approval, the standards bureau's website showed.
One listing sold by Maizic India on Amazon said its "Fish Eye Bulb WiFi 360 Degree Camera" connected to a WiFi network, "allowing you to stream live footage from anywhere in the world through your smartphone or tablet."
Maizic co-founder Santosh Kumar Singh told Reuters it had removed WiFi functionality that allowed live feeds from its cameras and the devices would only be enabled for direct connectivity with a nearby mobile device until it secured government approval.
ESPIONAGE RISK
In July, a confidential email reviewed by Reuters showed, Amazon told one of its sellers it was removing its camera listing for not having the necessary approval marks, following a complaint by Sujatha Thammadi, the standards bureau's head of registration.
Thammadi did not respond to Reuters' request for comment.
Hundreds of listings remained online as of Thursday.
One Dahua Wireless Dome Camera was listed on Amazon for 779 Indian rupees ($8.10) after a 70% discount. Dahua's popular brand Imou, meanwhile, has a dedicated page on Amazon India — with promotional videos, separate indoor and outdoor WiFi camera categories and a "Hot Selling" section.
One of the sources said Amazon had decided to remove the brand page.
