Ivo, the leading platform for AI contract intelligence, today announced a partnership with New Zealand Football to become the Official Legal AI Partner of the All Whites, New Zealand's men's national team.
Ivo, the leading platform for AI contract intelligence, today announced a partnership with New Zealand Football to become the Official Legal AI Partner of the All Whites, New Zealand's men's national team.
Do you want to buy some quality growth stocks, but don't want to pay a steep premium to do so? Below, I've got a list of three terrific stocks that are trading lower recently and that have hit new 52-week lows. Intuitive Surgical (NASDAQ: ISRG) , Mastercard (NYSE: MA) , and T-Mobile US (NASDAQ: TMUS) have been struggling of late, but here's why now can be a great time to add them to your portfolio...
Do you want to buy some quality growth stocks, but don't want to pay a steep premium to do so? Below, I've got a list of three terrific stocks that are trading lower recently and that have hit new 52-week lows. Intuitive Surgical (NASDAQ: ISRG) , Mastercard (NYSE: MA) , and T-Mobile US (NASDAQ: TMUS) have been struggling of late, but here's why now can be a great time to add them to your portfolio. Image source: Getty Images. Continue reading
"Bring Your Own Capacity" - Google And Voltus To Deploy Virtual Power Plant Google signed a three-year Bring Your Own Capacity (BYOC) agreement with Voltus for up to 100 MW of accredited distributed capacity in the PJM Interconnection. Voltus will aggregate batteries, smart thermostats, electric vehicles, and other flexible assets from homes and businesses into a Google-funded Virtual Power Plant ...
"Bring Your Own Capacity" - Google And Voltus To Deploy Virtual Power Plant Google signed a three-year Bring Your Own Capacity (BYOC) agreement with Voltus for up to 100 MW of accredited distributed capacity in the PJM Interconnection. Voltus will aggregate batteries, smart thermostats, electric vehicles, and other flexible assets from homes and businesses into a Google-funded Virtual Power Plant (VPP). When the grid needs relief, the software dispatches those resources in concert. Participants get paid, and Google gets capacity without waiting for traditional interconnection queues. A VPP is not a physical plant at all. It is coordinated software that turns thousands of small, customer-sited resources into something that behaves like dispatchable generation . Distributed energy resources (DERs) such as solar panels, batteries, smart thermostats, and flexible loads already sitting on the grid become a decentralized fleet. Instead of building another transmission line or expensive peaker plant that sits idle most of the year, the VPP squeezes more value out of what already exists. Brattle Group analysis suggests better utilization of existing infrastructure could save U.S. consumers over $100 billion this decade. Voltus has positioned itself as the leading operator in this space. The company manages more than 7.5 GW of DERs across all nine North American wholesale markets and launched its BYOC offering specifically to help large loads shortcut interconnection delays. Google is the first named hyperscaler customer. The deal runs in PJM, the largest U.S. grid operator and one already feeling the strain of AI-driven load growth. This move fits the broader pattern of Google methodically assembling exposure to nearly every generation and flexibility technology currently in play . Considering the alternative is to just sit back and watch grids like PJM start to go black in the years ahead... On the firm, always-on side, the company struck a deal with NextEra to restart the...
The municipal bond market’s $80 billion tobacco bond sector had its first-ever default after a Nassau County, New York, agency failed to make a $36 million principal payment on June 1. The junk-rated debt , backed by settlement payments that states receive from tobacco companies, were issued in 2006 as part of a $431 million deal. Payouts to states and territories participating in the 1998 settlem...
The municipal bond market’s $80 billion tobacco bond sector had its first-ever default after a Nassau County, New York, agency failed to make a $36 million principal payment on June 1. The junk-rated debt , backed by settlement payments that states receive from tobacco companies, were issued in 2006 as part of a $431 million deal. Payouts to states and territories participating in the 1998 settlement with the major tobacco companies declined 19% in 2025, according to the National Association of Attorneys General. Those distributions are tied to the companies’ sales, so as cigarette consumption falls, so does the revenue backing the bonds. The missed payment was the first-ever for the sector, which includes both investment grade and junk—rated securities, according to Municipal Market Analytics , an independent research firm. Cigarette smoking among US adults declined to 9.9% in 2024, according to The New England Journal of Medicine . Tobacco bondholders have a claim in perpetuity on revenue from the 1998 settlement. If a bond reaches maturity and there isn’t enough cash to pay the principal, the debt extends and investors are entitled to receive future settlement revenue. Nassau County Tobacco Settlement Corporation bonds maturing in 2046 traded at 58.5 cents on June 2.
The US buffer for crude oil is shrinking fast as the Iran war drags on. The country’s emergency petroleum stockpile, known as the Strategic Petroleum Reserve, has shrunk to levels last seen in mid-2023, after the Biden administration decided to withdraw SPR crude barrels to mitigate the oil-price impact of the Russia-Ukraine war. The global oil supply chain is becoming more vulnerable with each pa...
The US buffer for crude oil is shrinking fast as the Iran war drags on. The country’s emergency petroleum stockpile, known as the Strategic Petroleum Reserve, has shrunk to levels last seen in mid-2023, after the Biden administration decided to withdraw SPR crude barrels to mitigate the oil-price impact of the Russia-Ukraine war. The global oil supply chain is becoming more vulnerable with each passing day the Strait of Hormuz remains closed. (Source: Bloomberg)
Every retail trader's favorite brokerage dropped a cryptic teaser pointing to a London event where they look ready to unveil products that could reshape global crypto access.
Every retail trader's favorite brokerage dropped a cryptic teaser pointing to a London event where they look ready to unveil products that could reshape global crypto access.
Shares of Advanced Micro Devices (NASDAQ:AMD) are pulling back slightly midday Thursday, but the stock’s run over the past month has been historic. AMD stock is up 55% over the past month, compared with just 17% for Intel (NASDAQ:INTC) stock. That kind of gap raises a fair question for Intel’s loyal shareholders. Should Intel stockholders ... AMD Is Up 55% in a Month and Trouncing Intel. Should In...
Shares of Advanced Micro Devices (NASDAQ:AMD) are pulling back slightly midday Thursday, but the stock’s run over the past month has been historic. AMD stock is up 55% over the past month, compared with just 17% for Intel (NASDAQ:INTC) stock. That kind of gap raises a fair question for Intel’s loyal shareholders. Should Intel stockholders ... AMD Is Up 55% in a Month and Trouncing Intel. Should Intel Stockholders Switch to AMD Now?
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting ...
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Here’s what Tracy’s thinking about... Here are US Financial Conditions hovering close to an all-time easy level: What that means is financial conditions in markets remain pretty loose. Getting credit and issuing equity is easy, too. Risk appetite generally remains strong. That’s not exactly surprising when investors are basically throwing money at all-things-AI and the S&P 500 is notching new highs. Still, this could pose a problem for new Fed Chair Kevin Warsh. We all know that Warsh has been pretty dovish coming into the role, yet the central bank’s immediate policy path is still unclear. Markets are now pricing in a 40% chance of a rate hike by October, thanks mostly to rising oil prices. One plausible argument for cutting rates, however, is that doing so could offset the tightening impact of shrinking the Fed’s balance sheet. “By telling the committee that he is already tightening financial conditions by shrinking the balance sheet (reduction in 10-year to 30-year Treasury securities), he will push the narrative that cuts will be justified,” says Antonio Del Favero at MacroHive. But of course, financial conditions don’t look very tight at all right now and a gradual shrinking of the balance sheet (which Warsh has previously emphasized) doesn’t seem likely to pull them tighter anytime soon. Anyway, that’s just an aside. Financial conditions reflect the current state of markets , and it’s interesting to contrast them with what’s going on in the real economy. Th...
The post 1.5M+ People Spend Their Work Week In Headsets. The Company Behind It Is Soon Closing Its Round for Retail Investors by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Most private tech startups sell you promises and hype. Immersed is delivering real-world results. It built the #1 work app on Meta Quest, where 1.5M+ professionals are ...
The post 1.5M+ People Spend Their Work Week In Headsets. The Company Behind It Is Soon Closing Its Round for Retail Investors by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Most private tech startups sell you promises and hype. Immersed is delivering real-world results. It built the #1 work app on Meta Quest, where 1.5M+ professionals are logging up to 60 hours a week inside virtual offices. “I can’t emphasize enough how big a deal it was to find a place to focus in virtual reality,” a longtime tech reporter wrote in their review of Immersed. “The fact that VR cuts you off from the world always seemed to be a bug, not a feature. Now, I realize it can be both.” That kind of sustained use is rare. Here’s what that looks like in numbers: Over 2,000 cumulative years worked inside the platform $7M+ in revenue generated $29M raised from 7,000+ investors 75,000+ professionals on the hardware waitlist This isn’t based on assumptions. The usage is already there. “I have a choice between being in a public space, grabbing a collab room with some friends or just going solo in my own space,” one Redditor wrote of Immersed. “The community has been very supportive and I’ve made a lot of friends along the way.” Now, the company is building on that foundation. $71M in projected hardware demand Partnerships with Meta, Samsung, and Qualcomm You can still invest at $0.72/share. Early investors include Tim Tebow and executives from Facebook, Reddit, Intel, and SailPoint. An investment opportunity you don’t want to miss Immersed changed the game in Spatial Computing (AR/VR), developing the Meta Quest store’s most-used AR/VR productivity app. They develop enterprise-grade software that enables professionals and teams to work full-time in shared virtual environments using AR/VR, supporting multiple virtual hi-res displays, real-time collaboration, and seamless integration across macOS, Windows, and Linux. But that’s not all. Immers...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It has been a resilient day for the markets . The AI and tech trade was under significant pressure at the open following sharp post-earnings pullbacks in Club stocks Broadcom and CrowdStrike . We thought both quarters were solid...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It has been a resilient day for the markets . The AI and tech trade was under significant pressure at the open following sharp post-earnings pullbacks in Club stocks Broadcom and CrowdStrike . We thought both quarters were solid, but the upside on each was not enough to keep their parabolic rallies going. Money didn't leave the market; it found other areas. As tech suffered, healthcare, financial, and communication services had strong sessions, supporting a big rally in the Dow Jones Industrial Average . During the session, investors realized that what happened to Broadcom and CrowdStrike was not a change in their long-term growth stories. Instead, it was a matter of expectations getting ahead of fundamentals . As those expectations reset and the market got more comfortable that the theses were unchanged, both stocks and the broader AI group rebounded some from their earlier lows, pushing the S & P 500 firmly into the green. Even the tech-heavy Nasdaq made it into positive territory. Costco delivered another strong month of sales . U.S. comparable sales increased 8.7% in May, reaching their highest levels in over a year. A great showing in sales was driven by 3.7% growth in traffic, a robust acceleration from the trailing 12-month average of 2.8%. Costco has been a beneficiary of higher gasoline prices as consumers flock to the membership-only retailer to save up to 20 to 30 cents per gallon, which translates to hefty savings in this inflationary economy. It also attracts more in-store visitors, naturally bolstering sales. The Club stock was up 2% on the week, clawing back about half of Friday's post-earnings pullback . Earnings are light for the rest of the week . Lululemon and DocuSign are out with their quarters after Thursday's closing bell. While there are no major earnings reports before the...
Bloomberg Television's Romaine Bostick sits down with Nike Global Football Vice President Camilo Andrade to discuss the company's strategy around the FIFA World Cup 2026, international expansion opportunities, and the leadership of CEO Elliott Hill. (Source: Bloomberg)
Bloomberg Television's Romaine Bostick sits down with Nike Global Football Vice President Camilo Andrade to discuss the company's strategy around the FIFA World Cup 2026, international expansion opportunities, and the leadership of CEO Elliott Hill. (Source: Bloomberg)