Finance news summaries — Page 2
Essential facts and source links for recent finance stories.
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Two mapped corridors now anchor Toogood Gold’s Table Mountain targets
Toogood Gold has made the Widowmaker and Pacifico trends its priority targets at Nevada’s Table Mountain project after mapping traced them for more than 10 kilometers combined. The company is refining targets ahead of a planned maiden drill program. -
Goldman estimates hyperscalers need $300 billion in annual AI revenue to break even
Goldman Sachs strategist Ryan Hammond estimates hyperscalers need about $300 billion in annual AI revenue within a few years just to break even on investments. For solid returns, Goldman says AI users would need to spend about $1 trillion a year on applications. -
Dollar General tests targeted product cuts to tackle inventory losses
Dollar General CEO Todd Vasos says the chain is testing cuts to lower-volume products and reviewing assortments at high-shrink stores. Shrink includes theft, damage and operating errors; the changes could leave shoppers with fewer choices. -
Michael Burry advises Minerva fund probing private-credit risks
Minerva, a short-biased fund led by Laks Ganapathi, plans to launch later this month with Michael Burry as senior adviser, scanning healthcare, retail, restaurants and smaller banks for shorts. Ganapathi says private-credit loan books may conceal borrower strain. -
Granahan increases its Descartes position despite Q2 share weakness
Granahan’s Small Cap Core Growth Strategy increased its position in Descartes Systems Group after the stock weighed on Q2 returns. The firm cited recurring revenue, profitability and disciplined acquisitions, saying the weakness did not change its positive long-term outlook. -
Rosemaund restarts whisky stills, plans up to 200 casks in 2026
Herefordshire’s Rosemaund Farm has restarted its stills and plans to fill up to 200 casks in 2026, even as larger distilleries cut production. The new stock is intended for sale in the mid-2030s, reflecting the family-run distillery’s bet on demand for English whisky. -
Sorrell sees AI lowering creative costs and flags ad-platform concentration
Sir Martin Sorrell says AI can cut ad-creation costs, but platform concentration and opaque media buying are bigger concerns. He estimates Google, Meta, Amazon and TikTok outside China together account for more than half of ad spending and over two-thirds of digital. -
Granahan trims Figure stake after short-seller report raises questions
Figure Technology Solutions fell after a short-seller report questioned its technology positioning and business model, Granahan Investment Management said. The firm cited credibility and valuation concerns despite strong results and modestly reduced its position. -
Granahan says chip trends and storage demand aided Silicon Motion
Granahan’s Q2 2026 letter said Silicon Motion benefited from improving semiconductor fundamentals, normalized customer inventories and stronger storage-demand expectations. The firm maintained its position in the NAND flash controller maker. -
JPMorgan trims Tesla’s 2026 and 2027 earnings forecasts before delivery report
JPMorgan cut Tesla earnings estimates for 2026 and 2027 ahead of the company’s upcoming delivery report. Yahoo Finance’s Brian Sozzi said further analyst reductions may signal a downside surprise despite lower expectations; SpaceX launched Starship Flight 14 this week. -
Motley Fool's Rick Munarriz recommends Dutch Bros after a 49% three-month slide
Motley Fool contributor Rick Munarriz recommends Dutch Bros as a growth investment despite the stock's 49% drop over three months. He says a $500 purchase could start a position; the chain has 1,225 stores, operates in half of U.S. states and targets 7,000 locations. -
A year before retirement, review IRA investments, withdrawals and Roth options
The Motley Fool says people about a year from retirement should review their IRA’s stock-and-bond mix, set a withdrawal plan and consider converting traditional IRA funds to a Roth; a roughly equal stock-bond split may make a 4% withdrawal rate appropriate. -
Cooper Investors highlights TKO's sports-rights and live-event appeal
Cooper Investors named TKO Group Holdings the anchor of its live-entertainment and sports-content investments in its Q2 2026 letter, citing growing demand for sports rights from global streamers, advertisers and sponsors, alongside interest in unique live experiences. -
Motley Fool favors Coca-Cola over Kraft Heinz for long-term investors in 2026
The Motley Fool favors Coca-Cola for conservative, long-term investors in 2026: it reported $13.1 billion in FY2025 net income and a 27.3% margin, while Kraft Heinz reported a $5.8 billion net loss, significantly affected by a $7.4 billion impairment charge. -
A 5.2% 10-year Treasury sets a 4% earnings-growth hurdle for the S&P 500
On Sept. 25, the 10-year Treasury yield reached 5.23%, its highest since 2007. Over 10 years, the S&P 500 needs about 4% annual earnings growth to match a Treasury at 5.2%, assuming a steady valuation multiple, a 1% fund dividend yield and reinvested bond interest. -
Mimura says markets should take Tokyo-Washington yen message at face value
Japan's top FX diplomat Atsushi Mimura urged markets Monday to take last week's “very clear” message from Tokyo and Washington on the yen at face value. He was neither satisfied nor reassured by recent moves and declined to say whether Japan could intervene again. -
Motley Fool sees a better entry point in American Express after 17% slide
American Express shares fell 17% in 2026 through Sept. 25, while the S&P 500 rose 13%. Motley Fool says fundamentals are unchanged and calls the lower valuation a better entry point: the stock’s P/E is below 19, down from about 24 at the year’s start. -
Construction Partners completes Florida deal, adding a plant and 150-plus employees
Construction Partners completed its acquisition of Roads, Inc. of NWF on Sept. 21, adding an asphalt plant north of Pensacola, crews, equipment and more than 150 employees to its C.W. Roberts platform. The purchase price was not disclosed. -
Palo Alto’s financing receivables fall 10.5% as weakest-rated balances grow
Palo Alto Networks’ net financing receivables fell about 10.5% to $1.536 billion by July 31, 2026, from $1.717 billion a year earlier, but balances in its weakest internal risk ratings, 7–10, rose to $43 million from $18 million. -
ADM plans carbon-credit market entry using Nebraska plant’s 800,000-plus-ton annual removal capacity
Archer-Daniels-Midland plans to enter the voluntary carbon market using more than 800,000 tons of annual removal capacity at its Columbus, Nebraska, corn-processing complex. First credits are expected by the end of 2026, subject to an audit and Puro.earth certification. -
AMC proposes $3.97 billion refinancing package with $2 billion in 2031 notes
AMC’s $3.97 billion refinancing plan combines $2 billion in first-lien notes due 2031, an $850 million first-lien loan syndication and a conditional $1.12 billion second-lien loan commitment. It would replace debt and cover transaction costs; borrowing rates remain undisclosed. -
Webull completes about $100 million purchase of a 99.36% stake in Pi Securities
Webull’s Thai subsidiary completed its purchase of about 99.36% of Pi Securities on Aug. 31 for roughly $100 million, after regulatory approval. Webull aims for the combined Thai business to hold THB 200 billion in customer assets, but gave no deadline. -
Plant clearance moves Almonty’s Sangdong project closer to tungsten sales
Almonty says certificates issued Sept. 17 cleared Sangdong’s South Korean plant for commercial operation and tungsten concentrate sales. Management says ore has run through it since June 2026; shipments and customer payments will test Sangdong’s cash generation. -
CorVel links managed-care services with Guidewire’s ClaimCenter
CorVel announced that Guidewire ClaimCenter users can start and manage its managed-care services within the claims system, sharing injury details and receiving updates without re-entering data. It named no adopting carriers or projected revenue. -
Axcelis plans $35 million South Korean factory, with production due in 2028
Axcelis Technologies announced a $35 million investment in a 200,000-square-foot ion-implantation equipment factory in Pyeongtaek, South Korea. Groundbreaking is planned for Oct. 20, with production scheduled to begin in the second half of 2028.
