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The Commerce Department just took equity stakes in two quantum computing companies, and the fine print on that government ownership may matter more to long-term investors than today's share price pops.

Quantum computing stocks are rallying this morning after the U.S. Commerce Department finalized CHIPS Act funding awards that hand the government minority, non-controlling equity stakes in each recipient. The catalyst applies to multiple funded names, but the wider quantum-computing sector is barely participating.

The Defiance Quantum ETF (NASDAQ:QTUM) is up 1%. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.12%, so the sector fund and the broad tape both sit close to flat while the two recipients jump.

Rigetti Computing (NASDAQ:RGTI) stock is up 6% to $16.13 in early trading. Also, D-Wave Quantum (NYSE:QBTS) stock is climbing 5% to $17.46 on matching terms. Peer quantum stocks IonQ (NYSE:IONQ | IONQ Price Prediction) and Quantum Computing Inc. (NASDAQ:QUBT) are trading higher alongside these names.

Commerce Locks In Equity Stakes Rigetti signed a definitive agreement with the Commerce Department for $100 million to accelerate superconducting quantum research and development, allocated under the CHIPS Act. The funding covers three specific projects: miniaturized readout electronics, a new cryostat architecture to expand cryogenic capacity, and fabrication for high-connectivity chip architectures.

D-Wave finalized an award on the same $100 million terms, also carrying a minority, non-controlling government equity stake, according to Rigetti. The structure builds on the letters of intent Commerce outlined in May, when it announced $2.013 billion across nine quantum companies including two foundries and seven system developers. On the Q2 2026 call, Rigetti CEO Subodh Kulkarni stated, “The overall goal of this $100 million is to accelerate our roadmap.”

Two Quantum-Computing Stocks Outpace the Others The awards fund research runway against the scaling problem, and the equity condition attaches dilution to the validation. That trade-off helps explain why the Defiance Quantum ETF is barely budging even as the recipients jump. Rigetti’s superconducting roadmap targets roughly 1,000-qubit systems with 99.9% two-qubit gate fidelity over about three years, while D-Wave’s annealing roadmap targets 20,000 qubits by 2029 and 100,000 qubits by 2031.

IonQ stock is rising on its own catalyst. The company raised its full-year 2026 revenue guidance to $280 million to $290 million after closing its SkyWater Technology acquisition, and it hosts an investor day at the New York Stock Exchange later today. Quantum Computing Inc., a photonics-focused peer with a $42.5 million contract backlog as of June 30, received no Commerce award.

Year-to-Date Scorecard Ticker Session Move Year to Date RGTI up 6% down 26% QBTS up 5% down 33% The year-to-date figures show the market has been discounting both funded names all year. Rigetti stock is down 26% year to date, and D-Wave stock is down 33%, so today’s pop restores only a fraction of the ground lost since December. Both companies still carry heavy cash cushions, with Rigetti at roughly $541 million and D-Wave at about $546 million at the end of Q2 2026.

What to Watch Next Shareholders can watch for the milestone schedule tied to Rigetti’s disbursement and any equivalent detail on D-Wave’s award. Both determine how quickly the government capital converts into hardware progress against Rigetti’s 1,000-qubit target and D-Wave’s 20,000-qubit annealing target.

Traders may want to check for headlines out of IonQ’s investor day this afternoon, which could shift how the cluster trades into the close. Investors sizing their positions should weigh the dilution attached to the government stake against the multi-year research runway it funds. Keeping their exposure moderate makes sense given how volatile these names have been all year.

Contact [email protected] for any questions or corrections.

D-Wave Quantum (QBTS +6.57%) signed a definitive agreement with the U.S. Department of Commerce today, giving it access to "up to $100 million" in funding under the U.S. CHIPS and Science Act.

D-Wave stock took off like a rocket on the news, soaring 9% through 10:50 a.m. ET Tuesday.

Image source: Getty Images.

What it means for D-Wave Quantum Company CEO Dr. Alan Baratz said the $100 million will be used to help "scale, commercialize and manufacture ... domestic quantum capabilities," including by "strengthening the underlying supply chain" for building quantum computers.

In exchange for giving D-Wave this boost, the company says the U.S. Department of Commerce "will receive a minority, non-controlling equity stake in D-Wave." The exact amount of the stake has not been revealed. Still, given the company's $6.7 billion market capitalization, a $100 million grant might be expected to result in the government taking perhaps a 1.5% equity stake in the company.

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What it means for other quantum stocks It's important for investors to note, however, that Commerce hasn't settled upon D-Wave as a sort of "national champion" in quantum computing -- or at least not its only champion. Rival quantum computing companies Quantinuum (QNT +1.65%) and Rigetti Computing (RGTI +4.01%) also won similar $100 million awards under the CHIPS Act today, and both those stocks are up more than 5% on the news. GlobalFoundries (GFS -0.27%) -- a more general semiconductor company and larger in both market capitalization and revenue than any of the pure-play quantum stocks -- received the largest CHIPS Act award of all: $375 million.

That's more money than the three pure-play quantum companies received -- combined. If there's a national champion in this group, it's probably GlobalFoundries, not D-Wave Quantum.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Globalfoundries. The Motley Fool has a disclosure policy.

Commerce receives a minority, non-controlling stake in each as a condition of the funding Summary

D-Wave and Rigetti each signed for $100 million, with Commerce taking stock in return.

D-Wave Quantum Inc. QBTS rose 5.73% premarket and Rigetti Computing Inc. RGTI 6.78% after both signed definitive agreements with the U.S. Department of Commerce under the CHIPS and Science Act. D-Wave gets access to up to $100 million, converting a letter of intent signed in May. Rigetti was also awarded $100 million allocated under the CHIPS Research and Development Office Broad Agency Announcement.

The Department of Commerce takes a minority, non-controlling equity stake in each company. Both also list dilution to existing stockholders among the risks attached to the deal, alongside the possibility that Commerce terminates the agreement or that the companies miss project milestones and never see the full disbursement.

D-Wave is building toward a 100,000-qubit annealing system and a 10,000-qubit gate-model machine designed to support 100 logical qubits running more than a million operations. Rigetti has three projects, shrinking readout electronics into a miniaturized package, expanding cryogenic capacity through a new cryostat architecture, and developing fabrication for high-connectivity chip designs. Rigetti CEO Subodh Kulkarni said the work "gives us the opportunity to transform the industry."

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.

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Quantum computing has gone from a pipe dream to a sector the market believes could become reality, perhaps more quickly than initially expected.

Quantum computers are built on qubits in a constant state of superposition that can process much more data than traditional computers and explore many answers simultaneously. Experts believe quantum computing will one day be much more capable than even the most advanced supercomputers available today, and also that the technology could be commercialized.

This has excited investors in the age of artificial intelligence (AI), where just about anything seems possible from a technical perspective. While the prospects are certainly quite intriguing, three quantum computing stocks have issued Wall Street a $63 million warning this year that is hard to ignore.

Image source: Getty Images.

Quantum is exciting, but not yet front and center Three of the main quantum computing stocks that have burst onto the scene in recent years are Rigetti Computing (RGTI +4.01%), IonQ (IONQ +2.40%), and D-Wave Quantum (QBTS +6.57%). Betting big on these stocks in late 2024 made investors a ton of money.

Data by YCharts.

These stocks traded much higher in the middle and toward the end of 2025 and have since sold off from their highs. While seemingly in the same arena as AI, I would argue that quantum computing is a tougher sell.

That's because people can work with AI every day right now and even see things like autonomous driving and AI-powered robots online, if not in the real world. Even if the technology still has kinks, investors can see the potential right in front of their eyes.

Quantum computing is different because the computers aren't commercialized, so ordinary people can't use them yet. While you hear about their potential use cases and that venture capital and patents for quantum have accelerated in recent years, it's still not in front of your face and feels very much theoretical.

The warning: Insiders aren't buying much quantum-related stock Wall Street has also seen a major warning, as insiders at prominent quantum companies such as Rigetti, IonQ, and D-Wave Quantum have been selling a lot of stock.

Insider sales are those made by key C-suite executives, such as the president, CEO, and CFO, members of the board of directors, and investors with over a 10% stake in the company. Sales among these three companies this year alone have surpassed $63 million.

D-Wave Quantum: $39.4 million Rigetti: $22.9 million IonQ: $1.02 million Interestingly, there have been virtually no insider stock purchases this year. In fact, the only open-market buy was from one director at IonQ, who purchased over $115,000 of stock in February.

Now, insider selling doesn't necessarily mean the people selling their stock are bearish on the company. Insiders sell stock all the time for the simple reason that they need the money. However, the level of insider selling, coupled with the low level of insider buying, is a warning that's hard for Wall Street to ignore.

Additionally, insider ownership among these three companies is overall weak, according to proxy reports from April that show collective ownership among current executive officers and board directors, as a percentage of outstanding common stock:

D-Wave Quantum: 1.3% Rigetti: 1.6% IonQ: Less than 1% Why insiders are likely selling While nobody will ever know exactly why insiders and board members are selling so much stock and not buying, I think a fair assumption is that the market has probably gotten ahead of itself on quantum.

Now, that doesn't mean quantum won't work, but it does make the risk-reward proposition much less attractive.

Rigetti trades at a market cap of over $5 billion; D-Wave Quantum over $6 billion; and IonQ over $15 billion, yet all three of these companies are not profitable and don't even make that much revenue relative to their market caps.

Data by YCharts.

All three trade at massive forward sales multiples, and insiders may be aware that even if quantum works down the line, these stocks could still experience a significant pullback before that.

This is what investors need to realize. Yes, if quantum computing is commercialized, all three of these stocks are likely to go much, much higher. But that's still a big if, as the sector faces many challenges. If quantum doesn't pan out as expected or takes far too long, these stocks could get hammered.

IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today announced the appointment of Jennifer Ryu as Chief Financial Officer, effective as of October 19, 2026, following the previously announced search process. Ms. Ryu will succeed Robert Julian, who has served as interim Chief Financial Officer since March 2026. Mr. Julian will remain a consultant to the Company t.

Jeffrey Solomon, TD Bank U.S. vice chair, joins 'Squawk on the Street' to discuss the strength of the economy, Treasurys, and more.

Applied Digital Corp (APLD) Stock Up 7.4% but GF Value Says Overvalued -- GF Score: 48/100 On September 08, 2026, Applied Digital Corp APLD shares rose 7.4% to a current price of $28.31. This price is within a 52-week range that saw a high of $50.73 and a low of $13.92.

GF Value™ verdict: Current price is $28.31 vs GF Value of $19.66, indicating a 44.0% overvaluation. GF Score™ of 48/100, suggesting average overall performance. Most notable signal: Insiders sold $24.3M worth of stock over the past 12 months without any buying activity. Is APLD Overvalued or Undervalued? Applied Digital Corp APLD appears to be significantly overvalued based on its current price of $28.31 compared to the GF Value™ estimate of $19.66. This represents a considerable margin of safety for potential investors, as the stock is trading at a 44% premium to its estimated fair value. The GF Valuation label indicates that the stock is significantly overvalued, which raises risks for investors considering entry points based solely on recent price movements.

GF Value™ is GuruFocus' proprietary intrinsic-value estimate developed from historical trading multiples, past business growth, and future performance projections. Given that APLD is currently unprofitable and cash-flow negative, traditional earnings-based valuations like Price-to-Earnings (P/E) ratios do not apply effectively here, making the P/S ratio a more relevant metric for assessing valuation.

How Does APLD's Valuation Compare to Its History? The analysis of APLD's historical valuation is complicated due to the absence of available P/E data, as the company is not generating a profit. Therefore, a direct comparison to its own 5-year median P/E and forward P/E is not applicable. Instead, the focus on Price-to-Sales (P/S) ratios may provide a clearer picture of valuation against the industry median of ~9.6x, highlighting the risks associated with its current price level.

What Does APLD's GF Score™ Tell Us? GF Score™ assesses a company's performance across several dimensions such as financial strength, profitability, growth, valuation, and momentum. APLD's GF Score™ of 48/100 indicates that the company is performing at an average level overall, with notable strengths and weaknesses across its sub-ranks.

Metric Rating GF Score™ 48/100 Financial Strength 3/10 Profitability 1/10 Growth 0/10 Valuation 5/10 Momentum 10/10 These scores highlight that APLD's strongest area is its momentum rank of 10/10, indicating strong recent price performance. However, the company faces significant challenges in profitability (1/10) and growth (0/10), which are critical factors for long-term sustainability and investor confidence.

What Are Gurus and Insiders Doing with APLD? Currently, six gurus hold shares in APLD, with four adding to their positions and three trimming their holdings in recent quarters. This mixed activity provides a nuanced view of guru sentiment towards APLD, suggesting cautious optimism among some investors.

However, insider activity presents a more concerning picture, as insiders have sold $24.3 million worth of stock over the past 12 months without any buying. This selling may signal a lack of confidence in the company’s near-term prospects, which is an important consideration for potential investors.

What This Means for Investors In summary, Applied Digital Corp APLD appears to be overvalued at its current price of $28.31 according to GF Value™, which places its fair value at $19.66. The significant gap between the current price and the estimated fair value, coupled with the concerning insider selling activity, suggests that investors should approach this stock with caution. For further details, visit the Applied Digital Corp (APLD) stock page for a comprehensive analysis.

Frequently Asked Questions What is APLD's GF Score™?

APLD has a GF Score™ of 48/100, which indicates average overall performance relative to other companies.

Is APLD overvalued or undervalued?

APLD is currently overvalued, with a GF Value™ estimate of $19.66 compared to its current price of $28.31.

What is APLD's P/E ratio?

APLD does not have a P/E ratio available due to its unprofitability, making traditional earnings-based valuation challenging.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Public Employees Retirement System of Ohio acquired a new stake in shares of Rogers Communication, Inc. (NYSE:RCI – Free Report) (TSE:RCI.B) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 42,908 shares of the Wireless communications provider’s stock, valued at approximately $1,395,000.

Other large investors also recently bought and sold shares of the company. Invesco Ltd. boosted its position in Rogers Communication by 52.3% during the 2nd quarter. Invesco Ltd. now owns 934,712 shares of the Wireless communications provider’s stock valued at $27,724,000 after acquiring an additional 321,124 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Rogers Communication by 52.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock valued at $59,000 after acquiring an additional 683 shares during the period. Marshall Wace LLP raised its position in shares of Rogers Communication by 36.5% in the 2nd quarter. Marshall Wace LLP now owns 37,179 shares of the Wireless communications provider’s stock worth $1,103,000 after acquiring an additional 9,951 shares in the last quarter. Cerity Partners LLC raised its position in shares of Rogers Communication by 7.0% in the 2nd quarter. Cerity Partners LLC now owns 11,007 shares of the Wireless communications provider’s stock worth $326,000 after acquiring an additional 724 shares in the last quarter. Finally, AXA S.A. lifted its stake in shares of Rogers Communication by 231.1% during the 2nd quarter. AXA S.A. now owns 49,945 shares of the Wireless communications provider’s stock worth $1,481,000 after purchasing an additional 34,860 shares during the last quarter. Institutional investors own 45.49% of the company’s stock.

Analyst Ratings Changes A number of equities research analysts recently weighed in on RCI shares. TD Securities reaffirmed a “buy” rating on shares of Rogers Communication in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Rogers Communication from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 14th. Wall Street Zen raised shares of Rogers Communication from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Raymond James Financial assumed coverage on shares of Rogers Communication in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Finally, Barclays cut their price objective on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rogers Communication has a consensus rating of “Hold” and a consensus target price of $36.00.

Get Our Latest Research Report on RCI Rogers Communication Trading Down 0.1% NYSE RCI opened at $37.50 on Tuesday. The company has a fifty day simple moving average of $34.69 and a two-hundred day simple moving average of $36.28. The stock has a market cap of $20.26 billion, a P/E ratio of 4.53, a P/E/G ratio of 4.66 and a beta of 0.66. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.54. Rogers Communication, Inc. has a 12-month low of $31.38 and a 12-month high of $41.14.

Rogers Communication (NYSE:RCI – Get Free Report) (TSE:RCI.B) last issued its earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. Rogers Communication had a net margin of 27.54% and a return on equity of 11.56%. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter last year, the company posted $1.14 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year. On average, analysts forecast that Rogers Communication, Inc. will post 3.29 earnings per share for the current year.

Rogers Communication Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, September 8th. Rogers Communication’s payout ratio is 17.51%.

Rogers Communication Company Profile (Free Report)

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.

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Rogers is giving away more than 1,500 tickets to customers throughout season, including 300 for Home Opener  | Source: Rogers Communications Canada Inc.

EDMONTON, Alberta, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Rogers and OEG Sports & Entertainment (OEGSE), today announced a 10-year extension of their strategic partnership, keeping Rogers Place as the home of the Edmonton Oilers through 2036. 

This extension comes as the iconic Rogers Place is celebrating its 10-year anniversary. To mark the occasion, Rogers is awarding more than 1,500 Oilers tickets to customers throughout the season, starting with 300 tickets for the Home Opener presented by Rogers on Tuesday, September 29 vs Vancouver. Details on how customers can win tickets for the home opener will be announced shortly.

“This long-term extension reflects the strength of our partnership with the Edmonton Oilers and the shared belief that hockey connects communities,” said Tony Staffieri, President and CEO, Rogers. “We’re proud to celebrate 10 years of Rogers Place with Oilers fans, and to continue investing in unique experiences that bring fans and customers closer to the game.”

Ahead of the home opener, Rogers is proud to present Oilers Fan Day on September 19, a marquee community event that includes an open practice, alumni meet and greet, and locker room sale. 

And new this season, the Rogers Goal Cam at Rogers Place allows fans to instantly capture and share their live in-arena reactions to every Oilers goal all season long. Rogers also continues to be the proud presenting partner of the Edmonton Oilers Community Foundation 50/50 and Every Kid Deserves a Shot program.

“For the past decade, Rogers has shared our commitment to supporting and connecting communities across Oil Country and creating exceptional experiences for Oilers fans—both at Rogers Place and through the Sportsnet broadcast,” said Hugh Weber, CEO, OEG Sports & Entertainment. “As we celebrate 10 years of Rogers Place and ICE District, this long-term extension is a testament to the strength of our partnership, and we’re excited about what we can create for Oilers fans over the next decade.” 

This announcement expands on the unprecedented sponsorship deal signed in 2013 and includes extensive brand and advertising placements, arena signage, concourse, rink, in-ice, in-bowl and in-game applications. 

Last year, Rogers and the NHL announced a 12-year agreement for the national media rights to NHL games on all platforms in Canada through the 2037-38 season. Sportsnet is also the exclusive regional broadcast partner of the Edmonton Oilers through 2035.

About Rogers Communications Inc. 
Rogers is Canada’s communications, sports and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or about.rogers.com/investor-relations.

About OEG Sports & Entertainment 
As a North American leader in Sports & Entertainment, OEGSE brings together iconic NHL, AHL and WHL franchises, the world’s best entertainment venues and events, ICE District, the industry-leading Edmonton Oilers Community Foundation and media production company, Dark Castle Entertainment.

For more information: 

Rogers Communications
[email protected] 
1-844-226-1338 

UDR, Inc. (UDR) is a multifamily REIT focused on high-barrier, upscale markets with strong employment and resilient rental demand. UDR is rated a BUY, with a 4.7% yield, expected 4% dividend CAGR, and projected 10–13% compound annual total returns over five years. Management's disciplined capital allocation, Orion analytics platform, and share buybacks position UDR for above-industry AFFO growth and lower volatility.

Construction ongoing for the Sandersville campus with $6.6 billion in contracted revenue Receives notice of conditional batch zero classification by ERCOT for both sites in Texas LAS VEGAS, Sept. 8, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), a market-leading data center developer, today released its unaudited Bitcoin mining and operations update for the month ended August 31, 2026.

Hyperscalers are desperate for firm, carbon-free power and three nuclear stocks sit directly in their crosshairs, but only one of them has actual cash flow today, and the gap between the three tells you everything about the risk you are…

Small modular reactors sit at the intersection of the two biggest stories in power right now: hyperscalers scrambling for firm, carbon-free baseload, and a US grid that has not built meaningful new nuclear capacity in a generation. The demand pressure is quantifiable. The EIA’s High Electricity Demand case projects data center server energy use will grow to 818 billion kilowatthours in 2050, more than 16 times the 2020 level, and Oklo’s own filings cite the Goldman Sachs projection of roughly 165% growth in AI-driven data center power demand by 2030. That is the tailwind. The catch, and the reason to read the following names very differently, is that only one of the three has cash flow today.

Talen Energy: Cash Flow, Powered Land, and a PJM Tailwind Talen Energy (NASDAQ:TLN | TLN Price Prediction) is the operating business in this roster. It owns the Susquehanna nuclear station plus an expanded gas fleet after the June 15, 2026 close of the Cornerstone Acquisition, which added roughly 2.6 GW at Waterford, Darby, and Lawrenceburg. This is a merchant independent power producer with real megawatt-hours going out the door and real dollars coming back.

The Q2 2026 numbers make the distinction from the SMR developers unmissable. Revenue was $747 million, up 64.5% year over year, adjusted EBITDA was $374 million versus $90 million a year earlier, and adjusted free cash flow was $212 million versus a $78 million outflow. GAAP EPS printed negative $2.00 versus a $3.39 estimate, missing expectations largely because of $211 million in unrealized derivative losses and interest expense jumping to $214 million from $62 million on $4 billion of new senior unsecured notes issued for Cornerstone. Management raised full-year guidance to adjusted EBITDA of $2.025 billion to $2.225 billion and adjusted free cash flow of $1.20 billion to $1.35 billion.

The PJM setup is the real story. Talen cleared over 10 GW in the 2028/2029 PJM Base Residual Auction at $325.00/MWd. On the Q2 call, President Terry Nutt said 70% of PJM’s 10 highest peak load days since the inception of the modern PJM occurred over the last 15 months, and CEO Mac McFarland noted that WestHub Sparks increased by nearly 50% since last year with forward wholesale prices for capacity and energy approaching or exceeding the $80 per megawatt-hour range previously discussed for long-term hyperscaler PPAs. The existing AWS contract at Susquehanna is nearly two gigawatts ramping through 2030, with management guiding long-term contracted margin from 10% to 35% as the campus builds out.

Bull case: Talen has approximately four gigawatts of data center sites with utility load commitments and more than two gigawatts of new-build capacity projects backed with interconnection queue positions. Management expects approximately $4 billion of adjusted free cash flow between the balance of 2026 and the end of 2028, with at least 70% returned to shareholders through buybacks. The stock is down 19.42% year to date, and analyst coverage is thin: only 6 EPS analysts contribute to both the 2026 and 2027 fiscal year estimates, with the 2027 EPS estimate averaging 30.7681 across a 26.06 to 37.06 range. That is the “not fully priced” setup: a merchant generator whose forward cash flow curve is being written in real time by hyperscaler contracting, with limited sell-side coverage. McFarland put it plainly: “This is like one of the greatest opportunities we’ve seen in this sector in a long time.”

Risk: Only 30% of 2028 generation is hedged, leverage is elevated after the $4 billion in new debt for Cornerstone (net debt roughly $9.5 billion), and GAAP earnings will remain volatile from derivative marks.

NuScale Power: Design Certified, But Still Pre-Revenue and Speculative Speculative flag, unmissable: NuScale Power (NYSE:SMR) is an early-stage SMR developer with essentially no revenue today. It carries materially higher risk than Talen and behaves like a small, high-variance position. In Q2 2026, revenue collapsed to $75,000, down 99.1% year over year from $8.05 million, because the Fluor FEED Phase 2 engineering services for the RoPower project ended in late 2025 with no replacement. Operating loss was $64.0 million, and net loss attributable to Class A holders was $47.54 million. Analysts expect the losses to continue: the consensus EPS for fiscal 2026 is negative 0.4826 and for fiscal 2027 is negative 0.7237.

The bull case rests on regulatory position and readiness. NuScale is the only US NRC design-certified SMR, with Standard Design Approval received May 2025, and CEO John Hopkins framed the design certification as “the global gold standard for nuclear safety.” On the Q2 call, Hopkins said “We’ve already negotiated supplier agreements with more than half of our 60-plus supplier relationships” and “The detailed design for the critical path components of our modules, the systems that govern schedule and cost, is mature.” The company closed the quarter with approximately $1.9 billion in cash, cash equivalents, and investments, supported by roughly $984.48 million in net equity proceeds raised in the first half of 2026.

The commercial catalyst is the TVA program, which remains a non-binding discussion, not a signed agreement. Management stated that “Interwent Energy, our strategic partner, continues to advance discussions with the Tennessee Valley Authority toward a definitive power purchase agreement for potentially the largest nuclear power deployment program in U.S. history.” Hopkins added: “The market’s waiting for definitive agreements, and once they’re in place, we’re ready to move.”

Bull case: NuScale is the closest US SMR developer to commercial deployment, with the regulatory box checked and a supply chain largely under contract. If TVA converts to a signed PPA, the deployment scale is potentially transformative.

Risk: The list is long and disclosed in the filings: no established SMR market, unproven cost-competitiveness, dependence on the ENTRA1 partnership, need for additional funding, Fluor’s full exit of its stake, and a securities-fraud class action referenced in the Q1 recap. The stock is down 32.53% year to date and down 74.33% over the past year. Investors are paying for a call option on TVA converting.

Oklo: First Criticality Achieved, Commercial Power Still Ahead Speculative flag, unmissable: Oklo (NYSE:OKLO) is a pre-revenue advanced fission developer. Fiscal 2024 revenue was $0 with a net loss of $73.62 million. Analysts model fiscal 2026 revenue averaging just $2.24 million across 17 analysts, with a low estimate of $0, and fiscal 2026 EPS at negative 0.9396. This is a materially higher-risk name than Talen.

What changed in Q2 2026 is the execution story. Oklo’s Groves isotope reactor reached first criticality, and CEO Jake DeWitte said “Based on our internal reviews, Groves represents the fastest transition that we are aware of from greenfield to criticality for a full scale, privately funded and privately cited reactor in history”, with substantial construction completed in 229 days. On the Aurora INL commercial power project, management reiterated the planned 2028 startup and confirmed DOE approval of the Preliminary Documented Safety Analysis during the quarter. Oklo also entered an MOU with Kiewit covering engineering, procurement, construction, and execution planning for the initial phase of the 1.2 gigawatt Ohio Power Campus.

The customer pipeline is where the “signed versus non-binding” distinction matters most. Oklo’s roughly 14 GW pipeline is anchored by a 12 GW master power agreement with Switch (delivery by 2044), plus a non-binding LOI with Equinix for up to 500 MW with $25 million pre-payment, a non-binding LOI with Prometheus Hyperscale for 100 MW, and a non-binding LOI with Diamondback Energy for 50 MW. These are commitments to negotiate rather than binding PPAs. The Centris HALU fuel arrangement is also a letter of intent anticipating a definitive agreement covering multiple years of initial core and reload needs for up to five Aurora powerhouses, with deliveries beginning in 2029.

Balance sheet: $3 billion in cash and marketable securities at quarter end, including $1.9 billion of capital generated from ATM programs in 2026. Updated 2026 guidance calls for cash used in operating activities of $120 million to $150 million and cash used for property, plant, and equipment of $400 million to $500 million.

Bull case: Oklo now has an operating reactor to point to. It has a DOE site use permit at Idaho National Laboratory and secured fuel for the first deployment, and it is building a vertically integrated platform spanning power, fuel, and isotopes.

Risk: No commercial power project is operating, most customer commitments are non-binding, the NRC combined license application timeline is not fully de-risked, and additional financing will be needed to build plants. The stock is down 44.93% year to date and down 46.30% over the past year, and consensus EPS estimates have been revised sharply lower over 30 days, with the 2026 average moving from negative 0.6955 to negative 0.9396.

How to Think About the Three Together The through-line is that AI data center load is real and firm baseload power is scarce, but the three names in this piece monetize that shortage on completely different clocks. Talen books revenue and free cash flow now, with capacity auctions and hyperscaler contracts widening spreads through 2028. NuScale and Oklo are option-like exposures on regulatory conversion, customer conversion from LOI to PPA, and construction execution that ends in 2028 at the earliest. The three names occupy different roles: TLN is the operating, cash-flow-generating position, while SMR and OKLO are high-variance, option-like exposures on regulatory and commercial conversion (we mapped five ways to play the nuclear restart, utilities and fuel suppliers included, in a free report you can grab here). Keep an eye on the stock reactions when the next PJM auction clears, when TVA converts (or does not), and when Aurora INL reaches its next DOE gate.

Contact [email protected] for any questions or corrections.

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CoreWeave (CRWV)

Buy CRWV. The OpenAI Astra model adds a fresh demand catalyst on top of a massive contracted base: ~$104B backlog and $22.4B OpenAI deal, plus raised 2026 revenue guidance ($12.4B–$13.2B). The key is the shift to long-dated, take-or-pay contracts and only ~36% of contracted power active—so revenue can expand as capacity gets energized, not just by chasing spot GPU demand. Expect valuation re-rating as visibility improves and margins benefit from better pricing/contract structure.

Key Risk: They fail to convert contracted power into active, revenue-generating infrastructure fast enough (execution/capex delays), so backlog doesn’t turn into results and leverage/margin pressure hits the stock.

NVIDIA (NVDA)

Buy NVDA. CRWV’s surge signals sustained hyperscaler/AI infrastructure buildout and tighter supply dynamics for accelerators and networking. If contracted demand keeps expanding and more capacity gets activated, NVDA’s data-center revenue mix benefits directly from higher AI compute deployments across customers like OpenAI and the broader ecosystem.

Key Risk: AI infrastructure demand slows or customers renegotiate down (or delay) GPU orders, causing NVDA growth to decelerate despite CRWV’s near-term catalyst.

CoreWeave CRWV stock jumped 16% on Tuesday as OpenAI’s new Astra model provided a fresh catalyst for the AI cloud infrastructure company.

CoreWeave has a $22.4 billion deal with OpenAI to provide computing power, adding to a growing base of contracted demand for its infrastructure.

The company’s momentum also follows strong second-quarter 2026 results reported last month.

CoreWeave posted revenue of $2.58 billion, up 112% year over year and above Wall Street expectations.

Its revenue backlog stood at approximately $104 billion, while more than $25 billion in new customer commitments were added during the early weeks of the third quarter.

Management also raised its full-year 2026 revenue guidance to between $12.4 billion and $13.2 billion, highlighting the scale of demand for AI computing infrastructure.

The company expects its ARR to reach approximately $250 million by year-end, while forecasting 2027 ARR of $18.5 billion to $19.5 billion.

CoreWeave’s business is increasingly centered on long-dated, take-or-pay style contracts rather than speculative GPU capacity sales.

These agreements provide customers with contracted access to NVIDIA accelerators and related networking, storage, and orchestration software.

According to a Seeking Alpha report, the shift has changed the company’s risk profile by providing greater revenue visibility and contract durability.

Seeking Alpha described CoreWeave as no longer primarily selling speculative capacity into an uncertain market, but instead delivering against a contracted order book that is more than 10 times its current annual revenue.

The analysis rated CoreWeave a buy with 15%-20% upside, while also identifying the company as the highest-risk name in the analyst’s model. It cited leverage and execution risks alongside the potential for margin expansion and a valuation re-rating.

Another factor highlighted in the analysis is CoreWeave’s unused contracted power capacity.

Only 36% of its contracted power is currently active, potentially leaving significant room for future revenue as additional capacity is energized.

Analysts remain constructive on CRWVAnalyst sentiment has remained positive following CoreWeave’s second-quarter results.

Truist Securities raised its price target on CRWV to $165 from $155 in late August, citing potential margin upside from improved pricing and contract structures.

Oppenheimer maintained its Outperform rating with a $150 price target. The firm argued that supply concerns were overblown compared with demand, which was described as running at roughly four times available capacity.

Billionaire investor David Tepper is also increasing exposure to AI-related companies. Appaloosa Management’s portfolio includes Amazon, Micron Technology, Taiwan Semiconductor Manufacturing and Alphabet, with those four companies accounting for roughly half of the portfolio.

During the second quarter, Appaloosa added both Space Exploration Technologies and CoreWeave to its portfolio.

CoreWeave’s transition toward contracted AI infrastructure demand provides greater visibility, but the company remains exposed to leverage and execution risks. The balance between expanding capacity, converting contracted power into active infrastructure and improving margins will remain important to its outlook.

CoreWeave, Inc. (CRWV) Goldman Sachs Communacopia + Technology Conference 2026 September 8, 2026 4:45 PM EDT

Company Participants

Michael Intrator - Co-founder, President, CEO & Chairman

Conference Call Participants

Gabriela Borges - Goldman Sachs Group, Inc., Research Division

Presentation

Gabriela Borges
Goldman Sachs Group, Inc., Research Division

All right. Fantastic. We will go ahead and kick it off on stage with the CoreWeave session at the Goldman Sachs Communacopia Conference. I'm Gabriela Borges, and I'm delighted to have Mike Intrator on stage with me, CEO of CoreWeave. Thank you for coming.

Michael Intrator
Co-founder, President, CEO & Chairman

Excited to be here.

Question-and-Answer Session

Gabriela Borges
Goldman Sachs Group, Inc., Research Division

Mike, I wanted to start with a little bit of a technical question for you, which is we've all seen the data points from third-party industry. We've, in selective cases, been able to speak with customers. And they'll consistently tell us that CoreWeave is able to deliver a level of performance on GPU training that is unparalleled in the industry. And so give us your best layman's explanation on why you think you've been able to go from a crypto miner to offering the best performance in GPU training in the industry [indiscernible].

Michael Intrator
Co-founder, President, CEO & Chairman

Sure. I'll do the best I can. So one of the things that's important to understand is when we built the company, we kind of -- we had an opportunity to kind of break it down to first principles and say, if you were going to build a cloud, specifically built to address the needs of artificial intelligence, parallelized computing, how would you go about building that? And the clear answer was you don't go about doing that by retrofitting a legacy environment to go ahead and create the solution. It's the -- like we jokingly talk about it internally, it's like

-

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that John D. Idol, Chairman and Chief Executive Officer, and Tyler Reddien, Chief Financial and Chief Operating Officer, will be participating in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference 2026, held at the Conrad New York Downtown in New York City, on Tuesday, September 15, 2026, at 10:00 AM Eastern Time.

The event will be webcast live on the Company's Investor Relations website, www.capriholdings.com. An archived replay will be available following the conclusion of the live event.

About Capri Holdings Limited

Capri Holdings is a global fashion luxury group consisting of iconic brands Michael Kors and Jimmy Choo. Our commitment to creativity, fashion, style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Our designs inspire consumers to embrace the feeling of luxury in every moment. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI.

More News From Capri Holdings Limited

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New York, New York--(Newsfile Corp. - September 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Build-A-Bear Workshop, Inc. (NYSE: BBW) resulting from allegations that Build-A-Bear may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Build-A-Bear securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/buildabear-workshop-inc-bbw/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: Rosen Law Firm is investigating potential civil securities claims.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313430

Source: The Rosen Law Firm PA

Key Takeaways Quantum Computing's Q2 revenues surged to $5.6 million from $61 thousand a year earlier.Operating expenses more than doubled to $21.8 million, driven by payroll and acquisition costs. Quantum Computing's net loss narrowed to $11.8 million, while liquidity totaled $1.3 billion. Quantum Computing (QUBT - Free Report) or QCi’s second-quarter 2026 revenues totaled $5.6 million, up sharply from $61 thousand in the year-ago quarter and $3.7 million in the first quarter of 2026. Revenues were generated across QCi’s integrated portfolio of quantum and photonics technologies, products and services, serving a diverse mix of government, educational and commercial customers. 

Growth was primarily driven by sales of photonics products that support the company’s quantum technology roadmap while also addressing existing aerospace, government and industrial applications. QCi exited the quarter with $42.5 million in contract backlog and $1.3 billion in cash, cash equivalents and investments, providing substantial liquidity to support its growth initiatives.

Despite the significant improvement in revenues and a strong liquidity position, profitability remains a key concern as the higher sales base has yet to translate into positive gross or operating results. Operating expenses totaled $21.8 million compared with $10.2 million in the second quarter of 2025, up 114%. This increase was largely due to higher headcount and related payroll costs for research and development efforts, sales and marketing and acquisition-related transaction expenses of $7.3 million. QCi reported a net loss of $11.8 million in the second quarter of 2026, narrowing from a net loss of $36.5 million in the prior-year period. 

Peer UpdateRigetti (RGTI - Free Report) reported total revenues of $5.1 million, up 185.3% year over year. The company ended the second quarter of 2026 with a strong cash position and no debt, providing flexibility to continue investing behind its technology roadmap and customer opportunities. However, Rigetti’s revenue profile remains tied to the timing of system deliveries and milestone-based development work rather than recurring commercial usage. Operating loss for the quarter was $28.1 million compared with $19.9 million in the prior-year quarter.

D-Wave Quantum’s (QBTS - Free Report) second-quarter revenues were essentially flat at $3.1 million. Yet, first-half bookings surged 1,120%, including a $20 million system sale. QBTS’ remaining performance obligations were up 668%, with about 57% expected to be recognized within 12 months. Bookings have not yet translated into reported revenues at the same pace. The adjusted EBITDA loss widened to $37.1 million. QBTS’ GAAP operating expenses rose 93% year over year. 

QUBT’s Share Price PerformanceOver the past year, QCi’s shares have plunged 47.4% compared with the industry’s 11.7% decline. 

Image Source: Zacks Investment Research

QUBT’s Expensive ValuationQUBT currently trades at a forward 12-month price-to-sales (P/S) of 38.78X compared with the industry’s median of 4.09X.

Image Source: Zacks Investment Research

QUBT Stock Estimate TrendOver the past 30 days, QCi’s loss per share estimate for 2026 has moved south.

Image Source: Zacks Investment Research

QUBT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Together millions of Chili's guests and Team Members have raised over $130 million for St. Jude since 2002, now Chili's Create-a-Pepper returns this September - with a new goal in mind

, /PRNewswire/ -- Over the past 24 years, Chili's® Grill & Bar guests and Team Members across the country have embraced Chili's decades-long commitment to St. Jude Children's Research Hospital®. Today, that tradition continues with a new pledge to help raise $150 million over the next 15 years to help support children and families facing cancer and other life-threatening diseases.

Over the past 24 years, Chili’s guests and Team Members have raised over $130 million for St. Jude. Now, the tradition continues with a new pledge to help raise $150 million over the next 15 years, supporting the new Chili’s Clinical Center set to open in February 2027.

During Childhood Cancer Awareness Month, the annual Create-A-Pepper campaign returns to Chili’s restaurants nationwide. Throughout September, guests can purchase a Create-A-Pepper coloring sheet for a $1, $5, $10 or $25 donation, with 100% of proceeds benefiting St. Jude. The partnership has always been powered by people. From Team Members who launched the first Create-A-Pepper fundraiser in Memphis in 2002 to the millions of guests who have donated in restaurants across the country, each contribution has helped St. Jude push the overall childhood cancer survival rate in the U.S. from 20% in 1962 to more than 80% today. Together, that generosity has helped fund spaces on the St. Jude campus that drive research, patient care and education every day. One is the Chili's Care Center, the first medical building on campus to bear the name of a St. Jude corporate partner, which has impacted thousands of patients since opening in 2007. Another is the St. Jude Imagine Academy by Chili's, an on-campus preschool through grade 12 school program run by St. Jude that helps ensure St. Jude patients have the tools they need to thrive academically and keep up with classes back home.

The new $150 million commitment will build on what Chili's guests and Team Members have made possible together. Distributed over the next 15 years, the funding will help support the new Chili's Clinical Center at St. Jude, which will carry forward the Chili's name when it opens in February 2027. The center will bring major outpatient services together under one roof and help St. Jude as it now cares for more than 600 new cancer patients annually, with family-centered spaces designed to make care easier to navigate and help families maintain as much normalcy as possible during treatment.

"Our guests and Team Members have been incredible supporters of St. Jude. With over 3 million individual donations in the last year alone, they continue to show how much this mission means to the Chili's community," said Kevin Hochman, chief executive officer and president of Brinker International, and president of Chili's. "Together, we've raised more than $130 million over the past 24 years, and we couldn't have done it without them. Our new $150 million commitment to support the Chili's Clinical Center builds on everything we've accomplished together. We've created a lot of special moments at Chili's, but what we've done together for St. Jude and for children with cancer is something we'll be proud of for decades to come."

"This extraordinary commitment from our friends at Chili's is a powerful example of how generosity can change lives," said Ike Anand, President and CEO of ALSAC, the fundraising and awareness organization for St. Jude Children's Research Hospital. "For more than 20 years, Chili's guests and Team Members have helped support families facing some of life's toughest challenges and fuel the research that is helping drive childhood cancer survival rates higher in the U.S. and around the world. We are profoundly grateful for Chili's steadfast partnership and unwavering support of the St. Jude mission."

This September, Chili's guests have another opportunity to be part of what comes next. During Childhood Cancer Awareness Month, the annual Create-A-Pepper campaign returns to Chili's restaurants nationwide, continuing the tradition that started the partnership 24 years ago.

Throughout September, guests can purchase a Create-A-Pepper coloring sheet for a $1, $5, $10 or $25 donation, with 100% of proceeds benefiting St. Jude. Every dollar supports groundbreaking research and treatment while ensuring families never receive a bill from St. Jude for treatment, travel, housing or food. Completed Create-A-Pepper designs will once again fill Chili's restaurant walls throughout the month, giving guests of all ages a way to add their support to the millions who have participated before them.

To learn more about Chili's partnership with St. Jude, visit chilis.com/st-jude, and stop by a participating Chili's location to Create-A-Pepper throughout September.

About Chili's® Grill & Bar     
Hi, welcome to Chili's! A proud leader in the casual dining industry and the flagship brand of Dallas-based Brinker International, Inc. (NYSE: EAT), Chili's was honored in 2025 as one of Fast Company's Brands that Matter and Inc.'s Best in Business. The brand was also named Ad Age's Brand of the Year in 2025 and 2026. Founded in 1975, Chili's is known for serving Big Mouth Burgers®, Crispy Chicken Crispers®, and sizzling fajitas, while hand-shaking more margaritas than any other restaurant brand in the United States. Chili's operates 1,600 restaurants in 29 countries and two territories with over 70,000 team members. With a purpose to make everyone feel special, Chiliheads take food, drink and service seriously – but not themselves. Chili's was a proud winner at the 2025 MenuMasters Awards for Best New Menu Item for Nashville Hot Mozz, the breakout addition to the social media-famous Triple Dipper. For more than 20 years, Chili's has been a proud supporter of St. Jude Children's Research Hospital and has raised more than $130 million for the organization through generous guest and team member donations. Find more information at chilis.com, follow on X or Instagram, like on Facebook, or join Chili's on TikTok. 

About St. Jude Children's Research Hospital
St. Jude Children's Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. Its purpose is clear: Finding cures. Saving children.® It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. When St. Jude opened in 1962, childhood cancer was considered largely incurable. Since then, St. Jude has helped push the overall survival rate in the U.S. from 20% to more than 80%, and it won't stop until no child dies from cancer. St. Jude shares the breakthroughs it makes to help doctors and researchers at local hospitals and cancer centers around the world improve the quality of treatment and care for even more children. Because of generous donors, families never receive a bill from St. Jude for treatment, travel, housing or food, so they can focus on helping their child live. Visit St. Jude Inspire to discover powerful St. Jude stories of hope, strength, love and kindness. Support the St. Jude mission by donating at stjude.org, liking St. Jude on Facebook, following St. Jude on X, Instagram, LinkedIn and TikTok, and subscribing to its YouTube channel.

SOURCE Chili's Grill & Bar

Chili's® Announces Historic $150 Million Commitment to St. Jude Children's Research Hospital®, Fueled by Guests and Team Members PR Newswire

DALLAS, Sept. 8, 2026

Together millions of Chili's guests and Team Members have raised over $130 million for St. Jude since 2002, now Chili's Create-a-Pepper returns this September - with a new goal in mind

, /PRNewswire/ -- Over the past 24 years, Chili's® Grill & Bar guests and Team Members across the country have embraced Chili's decades-long commitment to St. Jude Children's Research Hospital®. Today, that tradition continues with a new pledge to help raise $150 million over the next 15 years to help support children and families facing cancer and other life-threatening diseases.

The partnership has always been powered by people. From Team Members who launched the first Create-A-Pepper fundraiser in Memphis in 2002 to the millions of guests who have donated in restaurants across the country, each contribution has helped St. Jude push the overall childhood cancer survival rate in the U.S. from 20% in 1962 to more than 80% today. Together, that generosity has helped fund spaces on the St. Jude campus that drive research, patient care and education every day. One is the Chili's Care Center, the first medical building on campus to bear the name of a St. Jude corporate partner, which has impacted thousands of patients since opening in 2007. Another is the St. Jude Imagine Academy by Chili's, an on-campus preschool through grade 12 school program run by St. Jude that helps ensure St. Jude patients have the tools they need to thrive academically and keep up with classes back home.

The new $150 million commitment will build on what Chili's guests and Team Members have made possible together. Distributed over the next 15 years, the funding will help support the new Chili's Clinical Center at St. Jude, which will carry forward the Chili's name when it opens in February 2027. The center will bring major outpatient services together under one roof and help St. Jude as it now cares for more than 600 new cancer patients annually, with family-centered spaces designed to make care easier to navigate and help families maintain as much normalcy as possible during treatment.

"Our guests and Team Members have been incredible supporters of St. Jude. With over 3 million individual donations in the last year alone, they continue to show how much this mission means to the Chili's community," said Kevin Hochman, chief executive officer and president of Brinker International, and president of Chili's. "Together, we've raised more than $130 million over the past 24 years, and we couldn't have done it without them. Our new $150 million commitment to support the Chili's Clinical Center builds on everything we've accomplished together. We've created a lot of special moments at Chili's, but what we've done together for St. Jude and for children with cancer is something we'll be proud of for decades to come."

"This extraordinary commitment from our friends at Chili's is a powerful example of how generosity can change lives," said Ike Anand, President and CEO of ALSAC, the fundraising and awareness organization for St. Jude Children's Research Hospital. "For more than 20 years, Chili's guests and Team Members have helped support families facing some of life's toughest challenges and fuel the research that is helping drive childhood cancer survival rates higher in the U.S. and around the world. We are profoundly grateful for Chili's steadfast partnership and unwavering support of the St. Jude mission."

This September, Chili's guests have another opportunity to be part of what comes next. During Childhood Cancer Awareness Month, the annual Create-A-Pepper campaign returns to Chili's restaurants nationwide, continuing the tradition that started the partnership 24 years ago.

Throughout September, guests can purchase a Create-A-Pepper coloring sheet for a $1, $5, $10 or $25 donation, with 100% of proceeds benefiting St. Jude. Every dollar supports groundbreaking research and treatment while ensuring families never receive a bill from St. Jude for treatment, travel, housing or food. Completed Create-A-Pepper designs will once again fill Chili's restaurant walls throughout the month, giving guests of all ages a way to add their support to the millions who have participated before them.

To learn more about Chili's partnership with St. Jude, visit chilis.com/st-jude, and stop by a participating Chili's location to Create-A-Pepper throughout September.

About Chili's® Grill & Bar
Hi, welcome to Chili's! A proud leader in the casual dining industry and the flagship brand of Dallas-based Brinker International, Inc. (NYSE: EAT), Chili's was honored in 2025 as one of Fast Company's Brands that Matter and Inc.'s Best in Business. The brand was also named Ad Age's Brand of the Year in 2025 and 2026. Founded in 1975, Chili's is known for serving Big Mouth Burgers®, Crispy Chicken Crispers®, and sizzling fajitas, while hand-shaking more margaritas than any other restaurant brand in the United States. Chili's operates 1,600 restaurants in 29 countries and two territories with over 70,000 team members. With a purpose to make everyone feel special, Chiliheads take food, drink and service seriously – but not themselves. Chili's was a proud winner at the 2025 MenuMasters Awards for Best New Menu Item for Nashville Hot Mozz, the breakout addition to the social media-famous Triple Dipper. For more than 20 years, Chili's has been a proud supporter of St. Jude Children's Research Hospital and has raised more than $130 million for the organization through generous guest and team member donations. Find more information at chilis.com, follow on X or Instagram, like on Facebook, or join Chili's on TikTok.

About St. Jude Children's Research Hospital
St. Jude Children's Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. Its purpose is clear: Finding cures. Saving children.® It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. When St. Jude opened in 1962, childhood cancer was considered largely incurable. Since then, St. Jude has helped push the overall survival rate in the U.S. from 20% to more than 80%, and it won't stop until no child dies from cancer. St. Jude shares the breakthroughs it makes to help doctors and researchers at local hospitals and cancer centers around the world improve the quality of treatment and care for even more children. Because of generous donors, families never receive a bill from St. Jude for treatment, travel, housing or food, so they can focus on helping their child live. Visit St. Jude Inspire to discover powerful St. Jude stories of hope, strength, love and kindness. Support the St. Jude mission by donating at stjude.org, liking St. Jude on Facebook, following St. Jude on X, Instagram, LinkedIn and TikTok, and subscribing to its YouTube channel.

View original content to download multimedia:https://www.prnewswire.com/news-releases/chilis-announces-historic-150-million-commitment-to-st-jude-childrens-research-hospital-fueled-by-guests-and-team-members-302870564.html

SOURCE Chili's Grill & Bar

Hsbc Holdings PLC decreased its holdings in Healthpeak Properties, Inc. (NYSE:DOC – Free Report) by 12.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,952,394 shares of the real estate investment trust’s stock after selling 431,633 shares during the period. Hsbc Holdings PLC owned approximately 0.43% of Healthpeak Properties worth $63,263,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DOC. Clearstead Trust LLC boosted its stake in Healthpeak Properties by 66.7% during the second quarter. Clearstead Trust LLC now owns 1,357 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 543 shares during the last quarter. Advocate Investing Services LLC acquired a new stake in shares of Healthpeak Properties in the 4th quarter worth $26,000. CYBER HORNET ETFs LLC purchased a new position in shares of Healthpeak Properties during the 2nd quarter worth $33,000. Clearstead Advisors LLC raised its holdings in shares of Healthpeak Properties by 166.3% during the 4th quarter. Clearstead Advisors LLC now owns 1,947 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,216 shares during the period. Finally, Elyxium Wealth LLC purchased a new position in shares of Healthpeak Properties during the 4th quarter worth $31,000. 93.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the stock. Weiss Ratings raised shares of Healthpeak Properties from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Royal Bank Of Canada lifted their target price on shares of Healthpeak Properties from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Cantor Fitzgerald lifted their target price on shares of Healthpeak Properties from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. BMO Capital Markets boosted their target price on shares of Healthpeak Properties from $20.00 to $24.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Barclays increased their price target on shares of Healthpeak Properties from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Monday, August 31st. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.72.

View Our Latest Report on Healthpeak Properties Healthpeak Properties Price Performance NYSE:DOC opened at $20.65 on Tuesday. Healthpeak Properties, Inc. has a 52 week low of $15.70 and a 52 week high of $22.95. The stock’s fifty day moving average is $21.53 and its two-hundred day moving average is $19.37. The company has a market capitalization of $14.24 billion, a P/E ratio of 59.00, a P/E/G ratio of 2.55 and a beta of 1.01. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 1.06.

Healthpeak Properties (NYSE:DOC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. The business had revenue of $771.58 million during the quarter, compared to analysts’ expectations of $725.64 million. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 EPS. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. Equities analysts expect that Healthpeak Properties, Inc. will post 1.77 EPS for the current year.

Healthpeak Properties Dividend Announcement The business also recently announced a monthly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.1017 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, September 14th. Healthpeak Properties’s dividend payout ratio (DPR) is 348.57%.

(Free Report)

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.

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VANCOUVER, British Columbia, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) (“Eldorado” or the “Company”) is pleased to announce that first copper-gold concentrate has been produced at its wholly owned Skouries Project in northern Greece, marking a significant milestone in the transition of the project from construction to operations and a major step toward commercial production which is expected to be achieved in the fourth quarter of 2026.

First concentrate was produced on September 8 as part of the ongoing commissioning and ramp-up of the processing plant. This milestone follows the introduction of first ore to the crusher in July and reflects the successful commissioning of key process plant systems, including crushing, grinding, flotation and tailings thickening circuits. The ore stockpile currently exceeds 4.6 million tonnes above reserve grade, providing a strong foundation for ramp-up and underpinning more than seven months of processing throughput and concentrate production.

"This is a defining moment for Eldorado," said George Burns, Chief Executive Officer. "First concentrate at Skouries represents the culmination of years of development, construction and partnership and marks the beginning of a new chapter for our Company. Skouries is not only a transformational asset for Eldorado, but also one of the most significant investments in Greece and one of Europe's largest copper-gold projects. Together with McIlvenna Bay in Saskatchewan, Skouries is expected to transform Eldorado into a larger, more diversified precious metals and critical minerals producer with a stronger production base, meaningful copper and silver exposure and enhanced free cash flow generation. We are proud of what has been accomplished through our partnership with the Greek government and banks, local communities, our workforce and other stakeholders, and we look forward to creating long-term value and benefits for Greece and all stakeholders for decades to come."

Key infrastructure commissioning has steadily progressed with crushing, grinding, flotation, tailings thickening, and concentrate thickening systems operating successfully. Temporary on-site power generation continues to support early operations and ramp-up until connection to the national power grid is achieved, which remains subject to final inspections, testing and installation of metering equipment by the Greek transmission authority and is expected in September 2026.

Stockpile dome and process plant

Semi-autonomous grinding mill (SAG) & Ball mill

Flotation cells and regrind mill (in the foreground)

Skouries is expected to produce on average 140,000 ounces of gold and 67 million pounds of copper annually over the life of mine.

Multimedia

A video showing first concentrate can be found here: https://youtu.be/heLd6g9_tn4Photos of the progress at Skouries can be viewed and downloaded via this link: https://eldoradogold.getbynder.com/web/18d252a9d9d595a6/september-2026-project-progress/ Qualified Person

Simon Hille, FAusIMM, Executive Vice President, Chief Operating Officer, is the Qualified Person under National Instrument 43-101 responsible for preparing and supervising the preparation of the scientific or technical information contained in this news release and for verifying the technical data disclosed in this document relating to Skouries.

About Eldorado Gold

Eldorado is a gold, copper and base metals producer with mining, development and exploration operations in Canada, Türkiye, and Greece. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).

Contact

Investor Relations
Lynette Gould, VP, Investor Relations, Communications & External Affairs
647 271 2827 or 1 888 353 8166
[email protected]

Media
Chad Pederson, Director, Communications and Public Affairs
236 885 6251 or 1 888 353 8166
[email protected]        

Cautionary Note about Forward-looking Statements and Information

Certain of the statements made and information provided in this news release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “anticipate”, “believe”, “budget”, “continue”, “commitment”, “confident”, “estimate”, “expect”, "focus", “forecast”, “foresee”, “future”, “goal”, “guidance”, “intend”, “opportunity”, “outlook”, “plan”, “potential”, “project”, “prospective”, “schedule”, “strive”, “target”, “underway”, "working" or the negatives thereof or variations of such words and phrases or similar words or statements that certain actions, events or results “can”, “could”, "likely", "may", “might”, “will” or "would" be taken, occur or be achieved.

Forward-looking statements or information contained in this news release include, but is not limited to, statements or information with respect to: the transition of the project from construction to operations; expected commercial production and expected timing thereof; our expectations of the ore stockpile regarding ramp-up, processing throughput, and concentrate production; ongoing commissioning and ramp-up, including energization activities, and expected progress thereof; expected connection to the national power grid and expected timing thereof; expected benefits of the Skouries Project including, together with McIlvenna Bay, transforming us into a larger, more diversified precious metals and critical minerals producer with a stronger production base, meaningful copper and silver exposure and enhanced free cash flow generation; expected benefits of the Skouries Project to Greece and other stakeholders; expected gold production and copper production of the Skouries Project annually over the life of mine; and generally our strategy, plans and goals, including our proposed development, construction, permitting, financing and operating potential, plans and priorities and related timelines and schedules.

Forward-looking statements and forward-looking information by their nature are based on a number of assumptions that management considers reasonable. However, if such assumptions prove to be inaccurate, then actual results, activities, performance, or achievements may be materially different from those described in the forward-looking statements or information. These include assumptions concerning, among other things: timing, costs and results of our construction and development activities, improvements and exploration, including at the Skouries Project, the McIlvenna Bay Project and our other operating mines and development projects; the current or future price of gold, copper and other commodities; the availability of financing for our exploration, development and operating activities and our ability to access existing project funding and remain in compliance with all covenants and contractual commitments related thereto; the geopolitical, economic, permitting and legal climate that we operate in, including recent disruptions to shipping operations in the Strait of Hormuz and Red Sea and any related shipping delays, shipping price increases, or impacts on the global energy market; availability of labour resources, including for construction, development and improvement activities; our ability to integrate the assets of Foran Mining Corporation, advance its exploration and development assets and to realize anticipated synergies and benefits therefrom; general business and economic conditions, including interest rates, inflation, commodity and power prices, credit and financial market conditions and the impact of foreign exchange rates and tax rates and related frameworks; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; Mineral Reserves and Mineral Resources; our ability to develop, finalize and execute on our updated five-year strategic plan through 2030; acts of governments and the outcome of any legal or regulatory proceedings or other disputes that we may be involved in; our ability to continue to make purchases under our normal course issuer bid and to pay dividends; the impact of acquisitions, dispositions, suspensions or delays on our business; our ability to manage and mitigate the risks associated with our use of technology and artificial intelligence; the expected vesting and redemption outcomes under our compensation securities; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables; the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the effectiveness of our hedging programs; and our ongoing relations with regulators, communities, and our partners.

More specifically, with respect to the Skouries Project and updates, we have made additional assumptions regarding: our ability to continue executing our plans relating to the Skouries Project on the estimated existing project timeline and consistent with the current planned project scope; labour productivity, rates, and expected hours; inflation rates; the timeliness of shipping for important or critical items; our ability to continue accessing our project funding and remain in compliance with all covenants and contractual commitments related thereto; our ability to obtain and maintain all required approvals and permits, both overall and in a timely manner; our ability to obtain the requisite inspections and approvals for energization of the power supply from the power authority in a timely manner; the absence of further previously unidentified archaeological discoveries which would delay construction of various portions of the project; the future price of gold, copper, and other commodities; and the broader community engagement and social climate in respect of the Skouries Project.

In addition, except where otherwise stated, we have assumed a continuation of existing business operations on substantially the same basis as exists at the time of this news release. Even though we believe that the assumptions and expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control.

Forward-looking statements or information contained in this news release are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements or information, including, but not limited to: commodity price risk; construction and development risks at the Skouries Project, the McIlvenna Bay Project and our other construction and development projects; changing political, economic and social conditions, including changes in governments or political systems, ongoing market uncertainty and global or regional geopolitical events, conflicts or disruptions; risks relating to our operations in foreign jurisdictions; risks related to production and processing; risks related to our improvement projects; our ability to integrate the assets of Foran Mining Corporation, advance its exploration and development assets and to realize anticipated synergies and benefits therefrom on the timelines expected or at all; delays and risks relating to surface construction, commissioning activities, ramp-up, and commercial production at McIlvenna Bay; our ability to obtain reliable supplies of power and water at a reasonable cost; prices of commodities and consumables; our reliance on significant amounts of critical equipment; our reliance on infrastructure, commodities and consumables, including risks from volatility and inflationary pressures as a result from the ongoing international conflict in Iran; inflation risk; risks related to fluctuations in the currency markets, including the Euro, Turkish lira, Canadian dollar and United States dollar; community relations and social license; environmental matters; geotechnical and hydrogeological structures, conditions or failures, including our ability to completely understand such structures and to mitigate such conditions or failures at a reasonable cost or at all; regulatory requirements as they relate to mine plan approvals; compliance with the Extractive Sector Transparency Measures Act (Canada); waste disposal; mineral tenure; permits, licenses and other authorizations; non-governmental organizations; reputational issues; climate change, including risks related to forest fires and water management; water collection, treatment and disposal operations at our mines, including the ability to manage unexpectedly large quantities of water; risk of spills or failure from our tailings operations (including circumstances beyond our control such as extreme weather, seismic events, prolonged droughts or heavy rainfall); environmental risks from our heap leaching operations, including hazardous materials management of our use of cyanide; change of control; actions of activist shareholders; estimation of Mineral Reserves and Mineral Resources; risks related to replacement of Mineral Reserves; regulatory reviews and different standards used to prepare and report Mineral Reserves and Mineral Resources; risks relating to any pandemic, epidemic, endemic or similar public health threats; regulated substances; acquisitions, including integration risks; dispositions; co-ownership of our properties; investment portfolio; volatility, volume fluctuations, and dilution risk in respect of our shares; competition; reliance on a limited number of smelters and off-takers; information and operational technology systems; liquidity and financing risks; indebtedness, including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and changes in credit ratings; total cash costs per ounce and all in sustaining costs, including in relation to the market price of gold and the Company’s profitability; interest rate risk; credit risk; tax matters; financial reporting, including relating to the carrying value of our assets and changes in reporting standards; the global economic environment; labour risks (availability of labour resources, including for construction, development and improvements activities, and their productivity; and risks relating to employee/union relations, employee misconduct, key personnel, skilled workforce, expatriates and contractors, reclamation and long-term obligations); turnover and attrition rates of labour, and related impacts thereto; the unavailability of insurance; Sarbanes-Oxley Act, applicable securities laws, and stock exchange rules; risks related to title and surface rights; risks relating to environmental, sustainability, health and safety, and governance matters; technology and cybersecurity risks; corruption, bribery, and sanctions; litigation and contracts; conflicts of interest; compliance with applicable laws, legislation and regulations; dividends; tariffs and other trade barriers; and those risk factors discussed in the section titled “Risk Factors in Our Business” in the Company’s most recent Annual Information Form and Form 40-F. The reader is directed to carefully review our most recent Annual Information Form, Form 40-F and other regulatory filings filed on SEDAR+ and EDGAR under our Company name for a fuller understanding of the risks and uncertainties that affect the Company’s business and operations.

With respect to the Skouries Project, these risks, uncertainties and other factors may cause further delays in the completion of the construction and commissioning at the Skouries Project which in turn may cause delays in the commencement of production and further increases to the costs of the Skouries Project. The specific risks, uncertainties and other factors include, among others: our ability to efficiently manage the transitions from construction to commissioning to operations (including EPCM performance and owner team turn over); our ability to increase productivity by, among other things, adding or modifying labour shifts; rising labour costs or costs of key inputs such as materials, power and fuel; risks related to any unanticipated critical equipment defects or failures during the commissioning and ramp-up of operations; risks related to third-party contractors, including reduced control over aspects of the Company's operations, and/or the ability of contractors to perform at required levels and according to baseline schedules, costs of any engineering rework and any commercial disputes that may arise from a contractor’s failure to meet these requirements; the ability of key suppliers to meet key contractual commitments in terms of schedules, amount of product delivered, cost, or quality and the impact of any vendor data errors; impacts to overhead costs related to the schedule; our ability to construct key infrastructure within the required timelines, including the process plant, filter plant, substation, waste management facilities, embankments, tailings conveyors, and water management infrastructure; the timely receipt of necessary permits and authorizations and our ability to comply with the terms of existing and future permits and authorizations; differences between projected and actual degree of pre-strip required in the open pit; variability in metallurgical recoveries and concentrate quality due to factors such as extent and intensity of oxidation or presence of transition minerals; presence of additional structural features impacting hydrological and geotechnical considerations; variability in minerals or presence of substances that may have an impact on filtered tails performance and resulting bulk density of stockpiles or filtered tails; distribution of sulfides that may dilute concentrate and change the characteristics of tailings; unexpected disruptions to operations including due to protests, non-routine regulatory inspections, road conditions, on site or labour unrest; unexpected inclement weather and climate events, including wildfires, short and long duration rainfall and floods and other extreme weather events and our site's ability to respond to those events; our ability to meet pre-commercial producing mining or underground development targets; unexpected results from underground stopes; new archaeological discoveries requiring the completion of a regulatory process; changes in support from local communities; and our ability to meet the expectations of communities, governments, and stakeholders related to the Skouries Project. Our project capital and accelerated operational capital costs at Skouries are incurred primarily in Euros but are reported in US dollars and are therefore sensitive to fluctuations in the EUR/USD exchange rate.

The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada and the United States. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein.

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Figma, Inc. (FIG) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Klarna and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On or around September 10, 2025, Klarna completed its initial public offering (“IPO”), selling 34.3 million shares priced at $40.00.  Then, on August 18, 2026, Klarna announced its financial results for the second quarter of 2026.  Among other items, Klarna significantly lowered its full-year 2026 revenue forecast to a range of $4.08 billion to $4.16 billion, down sharply from previous guidance of more than $4.34 billion.  Klarna also announced that the Company’s Chief Financial Officer and Chief Marketing Officer would both depart Klarna early in 2027. 

On this news, Klarna’s ordinary share price fell $4.45, or 22.81%, to close at $15.06 per share on August 18, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Texas just handed IREN a rare grid milestone that its CEO calls the scarcest input in the entire AI buildout, and the stock moved fast. Here is what the Sweetwater approval actually means for the race to lock up power…

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Grid interconnection is emerging as the scarcest input in the AI compute buildout, and IREN Limited (NASDAQ:IREN) landed a headline Texas milestone this morning. The company said its Sweetwater Hub cleared a key early step in the state’s queue for very large power users, a permitting checkpoint the AI infrastructure trade cares about deeply.

The Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) is up 1%, indicating a modest sector tailwind. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.47%, so the broad tape isn’t fueling today’s move.

IREN stock is climbing 7% to $47.83 in Tuesday morning trading, with its year-to-date gain now sitting at 27%. Also, Applied Digital (NASDAQ:APLD) shares are up 6% to $27.82 in sympathy with the AI data center trade.

Sweetwater Hub Clears Key ERCOT Hurdle According to IREN, its 2 GW Sweetwater Hub in Texas was conditionally included as Base Load in the Electric Reliability Council of Texas (ERCOT) Batch Zero process, an early review step for facilities expected to draw very large amounts of electricity. A data center can’t connect to the Texas grid without ERCOT status, so clearing this box materially advances the Sweetwater timeline.

The classification remains conditional and subject to further approvals. IREN also said additional large-scale projects have entered the Batch Zero process without naming them, and Sweetwater sits inside its announced global development portfolio of more than 5 GW.

Grid Access Is the Real Bottleneck Last week the IREN story was capital, with a big GPU financing package tied to NVIDIA (NASDAQ:NVDA | NVDA Price Prediction). Today it’s electricity, which is the harder constraint because capital for AI data centers is abundant while grid interconnection is rationed. A queue position at a live Texas node is arguably the scarcer of those two assets.

CEO Daniel Roberts stated on the fiscal 2026 call that “New grid capacity is the scarcest input in this entire industry,” and IREN said active pricing discussions are running near $25 million per MW of IT load. Applied Digital CEO Wes Cummins framed the same dynamic, calling power “the single most valuable and constrained resource in our industry,” while noting hyperscaler capex has reportedly climbed to nearly $700 billion.

What to Watch Next IREN stock is running well ahead of the sector, with the data center fund barely higher and the broad tape lower. That pattern points to a company-specific reaction to the ERCOT news, with sector participation minimal so far. The bull case rests on $4 billion of contracted annual recurring revenue (ARR) targeted by year-end and a five-gigawatt-plus grid pipeline, alongside a $14 billion pool of committed GPU financing and prepayments.

The bear case is that Batch Zero inclusion is conditional and reversible, and today’s move looks large next to a year-to-date gain that stayed contained until the past week. IREN’s Q4 FY2026 GAAP net loss of $684 million, including a $450.4 million non-cash impairment on decommissioned Bitcoin mining hardware, also underscores the transition costs of the pivot from mining to AI Cloud.

Investors calibrating their exposure can keep their positions modest given the headline volatility on either side of a conditional regulatory step. The grid, power, and cooling names behind the AI buildout are the ones we mapped in a free report on the AI suppliers that aren’t chipmakers, and IREN’s day sits squarely in that bucket. Furthermore, traders can watch for follow-through language from ERCOT and any customer commentary tied to the Sweetwater build.

Contact [email protected] for any questions or corrections.