Sjo/iStock Unreleased via Getty Images Finnair said Monday it plans to modernize its European fleet by ordering 18 E195-E2 narrow-body aircraft from Brazilian manufacturer Embraer ( EMBJ ), marking a strategic pivot away from its long-standing supplier Airbus ( EADSF ) ( EADSY ). Finnair ordered 18 narrow-body planes from Brazil's Embraer (Artist rendering by Embraer) The purchase represents the F...
Sjo/iStock Unreleased via Getty Images Finnair said Monday it plans to modernize its European fleet by ordering 18 E195-E2 narrow-body aircraft from Brazilian manufacturer Embraer ( EMBJ ), marking a strategic pivot away from its long-standing supplier Airbus ( EADSF ) ( EADSY ). Finnair ordered 18 narrow-body planes from Brazil's Embraer (Artist rendering by Embraer) The purchase represents the Finnish airline’s largest investment in more than 20 years and underscores Embraer’s ( EMBJ ) growing traction in the regional jet market. The company’s E2 family has recently outperformed Airbus’s ( EADSF ) ( EADSY ) A220 in annual sales. Alongside the Embraer deal, Finnair indicated it may also source up to 12 Airbus ( EADSF ) ( EADSY ) A320 or A321 jets through the secondary market. Chief Executive Turkka Kuusisto highlighted the operational and environmental benefits of the new aircraft, describing the E195-E2 as highly adaptable and among the quietest jets available. He said the planes are expected to cut carbon emissions per passenger by roughly 30%, while improving efficiency across domestic and broader European routes. The agreement with Embraer includes options for 16 additional aircraft and purchase rights for another 12. Finnair has also reached separate arrangements with Pratt & Whitney, a unit of RTX ( RTX ), covering spare engines and maintenance support. Kuusisto said the airline’s total planned investments through 2029 will approach €2 billion ($2.31 billion), though he did not provide a detailed breakdown. Embraer ( EMBJ ), which specializes in aircraft with fewer than 150 seats, has benefited from a surge in demand as airlines resume fleet renewal programs delayed during the pandemic. The company’s chief executive, Arjan Meijer, said the partnership would help Finnair better align capacity with demand, lower emissions and support future expansion. More on Embraer Embraer: Stock Tumbles After Earnings, But Disappointing Guidance Hides A Strong Buy Embraer S....
Kathleen Paylor, RSF VP of impact investing and philanthropy, said that investors are asking about then implications of their investments for 'people and the plant' as they allocate their money. (Source: Bloomberg)
Kathleen Paylor, RSF VP of impact investing and philanthropy, said that investors are asking about then implications of their investments for 'people and the plant' as they allocate their money. (Source: Bloomberg)
quantic69/iStock via Getty Images The Invesco DB Oil Fund ETF ( DBO ) is an exchange-traded fund that aims to track the price performance of the DBIQ Optimum Yield Crude Oil Index Excess Return, which makes this one of several exchange-traded funds on the market that uses futures as a way of providing investors with exposure to commodity markets. In this case, that commodity is West Texas Intermed...
quantic69/iStock via Getty Images The Invesco DB Oil Fund ETF ( DBO ) is an exchange-traded fund that aims to track the price performance of the DBIQ Optimum Yield Crude Oil Index Excess Return, which makes this one of several exchange-traded funds on the market that uses futures as a way of providing investors with exposure to commodity markets. In this case, that commodity is West Texas Intermediate crude oil, which is the North American crude oil benchmark. This differentiates it from Brent crude oil, which is the global benchmark and is generally the grade of crude oil that oil traders in financial hubs such as London are referencing when they discuss crude oil. This is an important distinction as there are a few differences between the two grades of oil, although both are considered to be light and sweet crude oil. In addition to owning West Texas Intermediate crude oil futures contracts, the Invesco DB Oil Fund holds a copious amount of cash in ultra-short-term U.S. dollar-denominated securities, which allows it to provide its investors with a cash distribution. The primary reason for owning this fund, however, is not for income but rather to make a profit from the fluctuations in crude oil prices that regularly occur in the market. About The Invesco DB Oil Fund ETF The website for the Invesco DB Oil Fund ETF describes the fund thusly: The Invesco DB Oil Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return plus the interest income from the Fund’s holdings of primarily US Treasury securities and money market income less the Fund’s expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil ( WTI ). As this statement makes very clear, the Invesco DB Oil Fund ETF tracks an index of futures contracts for West Texas Intermediate crude oil. As i...
Investing.com -- A sweeping semiconductor buildout proposed by Elon Musk could shift investor sentiment across the chip-equipment sector, according to a new note from Mizuho. Mizuho TMT specialist Jordan Klein noted that Musk has “big semi fab spending plans” for a new “Terafab” designed to manufacture custom chips for Tesla, xAI and SpaceX. He says the plans appear “massive in terms of capex and ...
Investing.com -- A sweeping semiconductor buildout proposed by Elon Musk could shift investor sentiment across the chip-equipment sector, according to a new note from Mizuho. Mizuho TMT specialist Jordan Klein noted that Musk has “big semi fab spending plans” for a new “Terafab” designed to manufacture custom chips for Tesla, xAI and SpaceX. He says the plans appear “massive in terms of capex and new production tools required,” with early estimates pointing to power needs “calling for up to a terawatt” and “around 1 billion in NVDA GPUs per year.” Klein says the project will roll out in phases, beginning with “$20B for new equipment in 2026.” He also highlights that Musk is pursuing in-house chipmaking because “he cannot get enough capacity” from existing foundry partners. “TSM is sold out, and Samsung is already manufacturing TSLA’s next-gen chip,” said Klein. “But neither would commit to spend hundreds of billions to expand capacity for data centers in space projects this early,” he added. Mizuho stresses that investor perception, and not near-term wafer-fab-equipment forecasts, is where the biggest immediate impact may lie. Still, the note identifies clear beneficiaries if Terafab proceeds. Klein argues “ASML would be a key beneficiary,” given the project’s expected reliance on EUV tools for “sub 2nm node capacity.” He adds that KLAC would be “well-positioned,” while Musk’s needs for “a lot of etch and depo and advanced packaging equipment” could also support AMAT, LRCX, TEL and potentially TER. Klein concludes the project is “another potential call option for upside to WFE in [the] coming 3+ years,” pending funding and final plans. Related articles Which chip stocks are set to benefit from Musk’s massive Terafab plans? As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Wolfe Research outlines eight risks that could spark stock declines in 2026
Key Points Amazon’s contract with the USPS will expire in October. The USPS reportedly backed out of a potential renewal last December. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) once relied heavily on the United States Postal Service (USPS) to fulfill its "last mile" deliveries. That partnership was mutually beneficial: Amazon secured bulk shipping discounts from the USPS, while...
Key Points Amazon’s contract with the USPS will expire in October. The USPS reportedly backed out of a potential renewal last December. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) once relied heavily on the United States Postal Service (USPS) to fulfill its "last mile" deliveries. That partnership was mutually beneficial: Amazon secured bulk shipping discounts from the USPS, while the USPS filled its unused delivery capacity. Amazon's delivery speeds also accelerated after the USPS started delivering its packages on Sundays in 2013. By delivering more packages, the USPS offset its declining letter mail revenues. But over the past decade, the e-commerce leader has expanded its first-party logistics network, Amazon Logistics, to reduce its dependence on USPS, UPS (NYSE: UPS), and other third-party couriers. That expansion transformed Amazon from a partner to a competitor, giving the company even more leverage to negotiate lower delivery rates with its third-party partners. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Amazon plans to reduce its USPS shipments by at least two-thirds when its current contract with the postal service expires on Oct. 1. The two parties were in talks to negotiate more favorable terms for a new contract -- but Amazon recently disclosed that those negotiations abruptly collapsed last December after the USPS backed out at the "eleventh hour". That retreat was surprising, since the USPS could run out of cash this year as its total deliveries decline. Will these crumbling negotiations hurt Amazon's stock? Amazon generates most of its revenue from its e-commerce business, but most of its profits come from its cloud infrastructure platform, Amazon Web Services (AWS). Both businesses are under pressure right now as the Iran War drives up energy prices, throttl...
tupungato/iStock Editorial via Getty Images As discussed in my previous coverage , the Microsoft stock ( MSFT ) has remained pressured by limited near-term catalysts capable of substantiating structural ROI expansion, as its capex trajectory accelerates without a corresponding uplift to its growth outlook. The overhang has recently become compounded by broader “ SaaSpocalypse ” concerns weighing o...
tupungato/iStock Editorial via Getty Images As discussed in my previous coverage , the Microsoft stock ( MSFT ) has remained pressured by limited near-term catalysts capable of substantiating structural ROI expansion, as its capex trajectory accelerates without a corresponding uplift to its growth outlook. The overhang has recently become compounded by broader “ SaaSpocalypse ” concerns weighing on the broader software sector following the debut of AI agents like OpenClaw and Anthropic’s ( ANTHRO ) Claude Cowork. OpenClaw, specifically, has garnered viral sensation in recent months, with its effectiveness in automating tasks under limited human intervention underscoring risks of upending the role of software across traditional enterprise workflows. This has accordingly fueled investors’ angst over the durability of software companies that have historically relied on monetizing their large installed bases, as the agentic era could harbinger significant disruption to the returns needed to justify accelerating infrastructure spending. On the surface, the impending agentic shift could risk further stifling Microsoft’s ability to convert its accelerating AI infrastructure spending into durable monetization, heightening ROI compression concerns ahead. Specifically, during Microsoft’s latest fiscal Q2 earnings update , analysts raised two relevant execution concerns that likely remain the key culprits to the stock’s year-to-date correction. The first was direct recognition of ROI compression risks, which I’d discussed extensively in a previous coverage as Microsoft’s capex trajectory continues to accelerate without a corresponding uplift to the company’s growth outlook – particularly within Azure. The second centered on concerns about Remaining Performance Obligation ("RPO") durability, which is critical for evaluating long-term visibility into Microsoft’s growth and earnings profile amid intensifying competition. Yet instead of structural disruption, the impending agentic...
Anthony Gordon says Newcastle United's defeat by rivals Sunderland is "not good enough" because the Black Cats are "not very good" compared with the Magpies. Sunderland completed a league double over their north-east rivals on Sunday with a 2-1 win at St James' Park, having beaten the Magpies 1-0 in the reverse fixture. The defeat means the Tyneside club have failed to beat Sunderland in any of th...
Anthony Gordon says Newcastle United's defeat by rivals Sunderland is "not good enough" because the Black Cats are "not very good" compared with the Magpies. Sunderland completed a league double over their north-east rivals on Sunday with a 2-1 win at St James' Park, having beaten the Magpies 1-0 in the reverse fixture. The defeat means the Tyneside club have failed to beat Sunderland in any of their past 11 league meetings - the longest winless run for either club in the fixture's history. But Newcastle forward Gordon, who scored his side's opener before Sunderland's comeback through goals from Chemsdine Talbi and Brian Brobbey, says Eddie Howe's side are the better team. "The frustrating thing is, in my opinion, they're not a very good team compared to us. We shouldn't lose to them," Gordon told Newcastle's club media. "Away is obviously more difficult because they have the fans, the atmosphere and a bit more pressure, but at home we should not lose that game. Not with the first half that we had, but again we haven't been good enough starting second halves and it's an ongoing problem."
David Simon , the chairman and chief executive officer of US shopping mall heavyweight Simon Property Group , died of cancer. He was 64. Simon joined family-owned Melvin Simon & Associates as chief financial officer in 1990 and steered the firm through a public listing three years later, according to a company statement . He took over as CEO in 1995 at 33. Since then, Simon has amassed an empire o...
David Simon , the chairman and chief executive officer of US shopping mall heavyweight Simon Property Group , died of cancer. He was 64. Simon joined family-owned Melvin Simon & Associates as chief financial officer in 1990 and steered the firm through a public listing three years later, according to a company statement . He took over as CEO in 1995 at 33. Since then, Simon has amassed an empire of 250 properties across North America, Europe and Asia, including top-tier malls such as King of Prussia in Pennsylvania, Roosevelt Field in New York, Sawgrass Mills in Florida and the Houston Galleria. The firm grew through a series of acquisitions and dispositions as the US mall industry struggled through the e-commerce revolution, the pandemic and other existential threats. His acquisitions included the DeBartolo Realty Corp ., Corporate Property Investors , Chelsea Property Group , the Mills Corp . and Taubman Centers . “Under his stewardship, SPG became the largest retail owner in the world,” Floris Van Dijkum , an analyst with Ladenburg Thalmann & Co. , said in a note Monday. “And shareholders benefited handsomely with the stock generating total returns over 4,500% since IPO.” Eli Simon , son of the late chairman, was named CEO and president and Larry Glasscock was named non-executive chairman. “David Simon was, quite simply, the finest leader in the history of the retail real estate industry,” Glasscock said in the company statement. “His unmatched strategic vision transformed a privately held family business into an esteemed global institution — creating billions of dollars in value for shareholders along the way.” He is survived by his wife, Jackie, their five children — Eli, Rebecca, Hannah, Sam and Noah — and seven grandchildren.
Artificial intelligence (AI) group OpenAI is reportedly discussing buying electricity from Helion Energy, the fusion startup company based in Everett, Washington. Sources told POWER that a deal would enable OpenAI to be guaranteed part of Helion’s power generation, with as much as 5 GW available by 2030 and up to 50 GW by 2035. Helion in February announced that its Polaris prototype has set new in...
Artificial intelligence (AI) group OpenAI is reportedly discussing buying electricity from Helion Energy, the fusion startup company based in Everett, Washington. Sources told POWER that a deal would enable OpenAI to be guaranteed part of Helion’s power generation, with as much as 5 GW available by 2030 and up to 50 GW by 2035. Helion in February announced that its Polaris prototype has set new industry benchmarks, becoming the first privately developed fusion energy machine to demonstrate measurable deuterium-tritium (DT) fusion and achieve plasma temperatures of 150 million degrees Celsius. The company at the time said the milestones “mark significant breakthroughs in Helion’s vision to make commercially viable fusion energy a reality and are firsts for the private fusion industry.” Microsoft in 2023 said it had signed a power purchase agreement (PPA) with Helion to buy electricity from the company as soon as 2028 in what was considered the first PPA tied to fusion energy. POWER is at the forefront of coverage for research and development of fusion energy. That includes a recent special report featuring several of the leading companies in the space. Read “Research Brings Results in Search for ‘Holy Grail’ of Clean Energy“, and find more content in our archives. Sam Altman, CEO of OpenAI, is an investor in Helion, which was founded in 2013. Altman’s stake in the company has not been disclosed, though it’s been called “sizable.” Other investors in Helion include Softbank, Mithril Capital (led by entrepreneur and PayPal founder Peter Thiel), and Meta, including Facebook co-founder Dustin Moskovitz. Altman led Helion’s $500-million Series E funding round in 2021. The company also closed a $425-million funding round in January of last year. Altman at the time of the Microsoft deal said, “My vision of the future … is that if we can drive the cost intelligence and the cost of energy way, way down, the quality of life for all of us will increase incredibly. If we can make...
Althom General Motors ( GM ) is testing its autonomous driving technology in live traffic environments with a test driver, marking a transition from manual data collection to active testing on public roads. “This phase represents a critical step in GM’s disciplined, incremental approach to bringing automated technology to personal vehicles at scale,” the company said in a statement . With more tha...
Althom General Motors ( GM ) is testing its autonomous driving technology in live traffic environments with a test driver, marking a transition from manual data collection to active testing on public roads. “This phase represents a critical step in GM’s disciplined, incremental approach to bringing automated technology to personal vehicles at scale,” the company said in a statement . With more than a million miles driven across 34 states, GM ( GM ) will use its existing dataset to power the next-generation automated technology, along with data compiled through its Cruise division. Following an accident in San Francisco in 2023, GM stopped funding its Cruise robotaxi division and integrated the remaining staff into GM’s ( GM ) team tasked with autonomous driving for personal vehicles. Super Cruise, GM’s hands-free driving assistance system, is available on more than 20 GM models and has logged more than 5M fully autonomous miles without a human driver in some of the most complex urban environments. Beginning in 2028 with the Cadillac Escalade IQ, GM ( GM ) will introduce an eyes-off, self-driving system that is not dependent on continuous driver vigilance for safety. The technology will first be launched for highway driving, followed by driveway-to-driveway. More on General Motors General Motors Company (GM) Presents at Bank of America Global Automotive Summit - Slideshow General Motors Company (GM) Presents at Bank of America Global Automotive Summit Transcript General Motors' Chevy Bolt Will Test Consumer Demand For Affordable Battery Electrics Chinese EV makers look to gain ground in North America amid the tariff backdrop Highest and lowest quant-rated consumer discretionary names above $10B market cap
Apple (AAPL) will move towards a staggered launch of its new iPhone models in 2026, with the company Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Apple (AAPL) will move towards a staggered launch of its new iPhone models in 2026, with the company Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.