Sign up now! Sign up now! Sign up now? Sign up now! It was only a matter of time before one of football’s big clubs placed their future in the hands of AI. Happily for Liverpool, they’ve plumped for a man with those initials rather than a rapidly growing technology that has been expertly designed to fill billionaires’ pockets. Yep, Andoni Iraola has verbally agreed to replace Arne Slot as Liverpoo...
Sign up now! Sign up now! Sign up now? Sign up now! It was only a matter of time before one of football’s big clubs placed their future in the hands of AI. Happily for Liverpool, they’ve plumped for a man with those initials rather than a rapidly growing technology that has been expertly designed to fill billionaires’ pockets. Yep, Andoni Iraola has verbally agreed to replace Arne Slot as Liverpool head coach and will go from walking on water at Bournemouth to hearing – maybe even singing, though he doesn’t look like a touchline lungs man – You’ll Never Walk Alone before every home game. The last time Liverpool appointed a Spanish manager, they were champions of Europe within a year. And Iraola will inherit a stronger squad than Rafa Benítez did in 2004 – albeit one that was put together by a manager whose style of play is very different to Iraola’s. Tonda Eckert’s ‘For everything that has happened I want to apologise’ non-apology manages to completely miss the point. Things didn’t ‘happen’, Tonda, you and your staff ‘did things’ and you should be apologising for ‘everything that we did’. I am reminded of Ronald Reagan’s infamous ‘mistakes were made’. Of course, one should always make allowances for people with limited English skills, but what is Eckert’s excuse?” – Carl Zetie. Interesting riff on the ‘You’re Tim Payne’ song. Personally, I wouldn’t classify Carly Simon as either ‘soft rock’ or album oriented rock (Football Daily letters passim). She’s more in the singer-songwriter genre for me. By the way, her sister Joanna was an acclaimed opera singer. Nessun Dorma, anyone?” – Mike Wilner. This is an extract from our daily football email … Football Daily. To get the full version, just visit this page and follow the instructions . Continue reading...
Investors in Invesco QQQ Trust (Symbol: QQQ) saw new options begin trading today, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the QQQ options chain for the new June 17th contracts and identified one put and one call con
Investors in Invesco QQQ Trust (Symbol: QQQ) saw new options begin trading today, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the QQQ options chain for the new June 17th contracts and identified one put and one call con
The European Commission's Cloud and AI Development Act would bar Amazon, Google, and Microsoft from critical state tenders and triple EU data center capacity
The European Commission's Cloud and AI Development Act would bar Amazon, Google, and Microsoft from critical state tenders and triple EU data center capacity
Investors in Gaming & Leisure Properties, Inc (Symbol: GLPI) saw new options become available today, for the August 21st expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 79 days until expiration th
Investors in Gaming & Leisure Properties, Inc (Symbol: GLPI) saw new options become available today, for the August 21st expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 79 days until expiration th
Yagi Studio/DigitalVision via Getty Images Add another drone company to the bunch With the Trump Administration's emphasis on drones for both defensive and offensive kinetic warfare, a wave of drone companies has come to the market chasing government contracts. Over $1.1 billion of future government contracts from the US alone are out there on the table, which is significant for a Defense sub-sect...
Yagi Studio/DigitalVision via Getty Images Add another drone company to the bunch With the Trump Administration's emphasis on drones for both defensive and offensive kinetic warfare, a wave of drone companies has come to the market chasing government contracts. Over $1.1 billion of future government contracts from the US alone are out there on the table, which is significant for a Defense sub-sector with quite a large number of small and mid-cap companies fighting for position. Aevex Corp (Nasdaq: AVEX ) is another in a pool of US based Defense based drone companies to IPO in April of this year after being backed by Madison Dearborn Partners on the private market. The stock initially soared and is now off quite a bit from the high mark: Data by YCharts This is a unique IPO in that it is one of the few profitable drone companies that investors can gain access to. They are also a roll-up, having acquired various companies in the space along the way before the initial public offering. Amongst those drone companies that have come to market recently, this is a common trait. IPO The company was reported to have raised a bit over $300 million during the IPO and now sits at a total market cap of $1.633 billion. Data by YCharts What Aevex does AEVEX investor relations The main, and most profitable segment is the EUCOM deep strike program. EUCOM would pertain to operations in and around Eastern Europe in the Russia/Ukraine theater. Right now, CENTCOM gets all the news highlight reels in the Persian Gulf conflict with Iran, but the biggest war is still raging near old Soviet borderlines. This drone company touts itself as being battle tested, with the deep strike program and their products such as the Phoenix Ghost, which is a loitering munitions system, from my understanding. This company, in my opinion, shares a lot of similarities with AeroVironment ( AVAV ). Both are battle-tested on the Russia/Ukraine battle front. Both have loitering munitions systems. Both have positive...
Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain , which failed to hit their targets. The United States said it then struck an...
Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain , which failed to hit their targets. The United States said it then struck an Iranian military ground control station on an island in the Strait of Hormuz. API: Crude: -6.8MM Cushing: -279k Gasoline: +3.5M Distillate: -214k DOE: Crude: -7.97mm - biggest draw since Feb Cushing: -583k Gasoline: +3.36mm - biggest build since Jan Distillate: +1.50mm US crude stocks fell for the sixth straight week with Cushing inventories testing tank bottoms once again. The week saw an unexpected jump in product inventories with Gasoline's biggest build since January... Source: Bloomberg Today's rise in gasoline stocks lifts them off their lowest level for this time of year since 2014 ... Source: Bloomberg Cushing 'tank bottoms' are in sight once again... Source: Bloomberg The Strategic Petroleum Reserve saw another huge drawdown this week (down 58mm barrels since the start of the war)... Source: Bloomberg Rig counts are on the rise as US crude production drifts back towards record highs... Source: Bloomberg US crude and product exports jumped back towards record highs... Source: Bloomberg WTI was trading around $95 ahead of the official data... Finally, economists at Macquarie wrote in a note this morning that crude oil’s muted reaction to the closure of Hormuz has mainly been a function of the oversupply seen before the war, . The analysts suggested that “ the market will be ok for another month or two, especially given commercial crude stocks have been cushioned by SPR/product draws." However, if the Strait remains closed at the end of the northern summer (Labor Day is Sept. 7), physical availability will tighten materially. “If the Strait reopens soon, we expect pr...
NatWest Group Plc has appointed Scott Roose as interim head of its primary capital markets business in a leadership change at the unit. Roose, a managing director, is based in London, a NatWest representative said by email. Before joining NatWest as head of US capital markets in 2023, he worked at Credit Suisse, according to his LinkedIn profile. Roose is replacing James Tayler , who has been name...
NatWest Group Plc has appointed Scott Roose as interim head of its primary capital markets business in a leadership change at the unit. Roose, a managing director, is based in London, a NatWest representative said by email. Before joining NatWest as head of US capital markets in 2023, he worked at Credit Suisse, according to his LinkedIn profile. Roose is replacing James Tayler , who has been named as head of coverage, large corporates and financial institutions group at NatWest. He led the primary capital markets division since January 2022, according to his LinkedIn profile. The unit advises companies on a range of products including bonds, private placements, loans and ratings advisory. The changes were effective from June 1, according to the representative. Roose and Tayler didn’t immediately reply to a request for comment. June 3 | 9:15 a.m. - 12:50 p.m. ET Bloomberg News and Bloomberg Television are gathering some of finance’s most influential voices to explore where debt markets head next amid war, tariffs and higher-for-longer interest rates. See the full agenda here . Watch live on June 3, starting at 9:15 a.m. by clicking here . You can also follow our live blog here .
Annandistock/iStock via Getty Images Entrata Is Growing And Profitable Entrata, Inc. ( ENT ) has filed to raise growth capital via an IPO, according to an S-1 SEC registration statement . The company provides multifamily project property management software primarily in the United States. ENT is producing solid topline revenue growth, net profits and free cash flow while implementing GenAI capabil...
Annandistock/iStock via Getty Images Entrata Is Growing And Profitable Entrata, Inc. ( ENT ) has filed to raise growth capital via an IPO, according to an S-1 SEC registration statement . The company provides multifamily project property management software primarily in the United States. ENT is producing solid topline revenue growth, net profits and free cash flow while implementing GenAI capabilities into its workflows. I’ll provide an opinion when we learn final details about the IPO from management. What Does Entrata Do? Utah-based Entrata has developed a full-stack property management software system for the multifamily apartment rental market. The firm’s system serves to simplify and systematize many aspects of rental community administration and leasing through the following major functionalities: Accounting Asset management Legal & compliance Maintenance Marketing Utilities Leasing Community access Site management Procure-to-pay ELI - Entrata Layered intelligence (GenAI system) Entrata said it had approximately 2.5 million units in its system with an average ARPU of $216, as of March 31, 2026. Revenue contribution by type for 2025 is shown in the pie chart below: SEC The company is led by Chief Executive Officer Adam Edmunds, who has been with the firm since late 2020 and was previously President at Podium, a cloud-based software company. Entrata has booked fair market investment value of $574 million as of March 31, 2026, from investors including private equity firm Silver Lake, TPP Capital and Dragoneer Investment Group. What is Entrata’s Market? The global property management software market was an estimated $3.6 billion in 2025 and was forecast to reach nearly $5.9 billion by 2033, according to a market research report by Grand View Research. If achieved, this growth rate would equate to a CAGR of 6.4% from 2026 to 2033, a moderate rate of growth. Entrata operates in a subsegment of this market, since it is focused on just the multifamily sector of the w...
JHVEPhoto/iStock Editorial via Getty Images Shares of Sherwin-Williams ( SHW ) rose 1.7% Wednesday after the company and Nippon Paint Holdings ( NPCPF ) ( NPPHY ) said they had ended efforts to jointly acquire Dutch coatings maker AkzoNobel ( AKZOF ) ( AKZOY ), bringing a brief takeover pursuit to a close. The companies said they had decided to discontinue their acquisition plans after AkzoNobel r...
JHVEPhoto/iStock Editorial via Getty Images Shares of Sherwin-Williams ( SHW ) rose 1.7% Wednesday after the company and Nippon Paint Holdings ( NPCPF ) ( NPPHY ) said they had ended efforts to jointly acquire Dutch coatings maker AkzoNobel ( AKZOF ) ( AKZOY ), bringing a brief takeover pursuit to a close. The companies said they had decided to discontinue their acquisition plans after AkzoNobel rejected both of their joint all-cash proposals. No financial terms were disclosed in Wednesday's announcement. The decision removes a potential source of uncertainty for investors following recent speculation that a breakup of AkzoNobel's businesses could reshape the global paints and coatings industry. For Sherwin-Williams shareholders, the announcement suggests management will avoid a potentially large acquisition that could have required significant capital commitments and integration efforts. It also leaves the company free to pursue alternative growth opportunities while maintaining focus on its existing operations and shareholder returns. Earlier this year, Nippon Paint and Sherwin-Williams disclosed that they had proposed a recommended public offer for AkzoNobel, following an initial approach in April. The proposal would have divided AkzoNobel's operations between the two buyers. Under the proposed structure, Nippon Paint would have acquired AkzoNobel's decorative paints and industrial coatings businesses, while Sherwin-Williams would have taken control of the company's marine and protective coatings, automotive and specialty coatings and powder coatings operations. At the time, the companies argued the transaction offered strategic benefits for both parties. Nippon Paint said the deal would strengthen its decorative paints portfolio and reunify the Dulux brand under a single owner, while Sherwin-Williams said the acquisition would expand its position in several specialized coatings markets where it has a smaller presence. AkzoNobel had previously entered into an all...
Investing.com -- Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) announced a $84.75 billion capital raise to fund artificial intelligence infrastructure expansion as the company disclosed record growth across its Gemini platform and cloud services.
Investing.com -- Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) announced a $84.75 billion capital raise to fund artificial intelligence infrastructure expansion as the company disclosed record growth across its Gemini platform and cloud services.
Monty Rakusen/DigitalVision via Getty Images Introduction AAR ( AIR ) is, in our view, one of the names that best captures the structural opportunity in the independent aerospace aftermarket. Q3 FY26 results combined with the May 12 Investor Day reinforced that view. The company reported Q3 results that beat consensus on both the top and bottom lines. Total sales of $845M grew 25% YoY, and adjuste...
Monty Rakusen/DigitalVision via Getty Images Introduction AAR ( AIR ) is, in our view, one of the names that best captures the structural opportunity in the independent aerospace aftermarket. Q3 FY26 results combined with the May 12 Investor Day reinforced that view. The company reported Q3 results that beat consensus on both the top and bottom lines. Total sales of $845M grew 25% YoY, and adjusted EPS of $1.25 came in 8% above the $1.15 sell-side number. The stock has been in a 12-month uptrend (up roughly 70% YoY) and trades at $110 as of the last close, well below the analyst average target of $131. We think the consensus number understates the FY27 earnings power that the HAECO recovery and Trax software ramp bring through. The platform that AAR has built over the last several years is structurally stronger than the market currently appreciates, and we believe that the multiple still does not reflect that strength. AIR Price Action (Seeking Alpha) This article will review the Q3 results, walk through the strategic repositioning that AAR has been executing, and lay out our valuation framework for the company. Strong Q3 With Distribution Driving Most Of The Growth We think the most important data point of Q3 is the 36% organic growth in new parts distribution and the 55% organic growth in government distribution. Total Q3 sales came at $845M (up 25% YoY), with 14% organic adjusted growth, and the balance came from ADI and HAECO Americas. Parts Supply was the biggest contributor, with sales up 45% to $392.5M. Segment adjusted EBITDA came at $58.5M (up 59%), which takes margin to 14.9% from 13.6% a year ago. ADI continues to exceed expectations for the second consecutive quarter, and the CEO mentioned on the call that ADI's adjusted margins are favorable to the overall margins of the company. AAR Q3 Results (AAR Q3 FY26 Earnings Presentation) The segment lines below Parts Supply tell a more mixed story. Repair & Engineering revenue grew 23% to $265M, while segment a...