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Bitdeer (BTDR) Fully Contracts A102. Can Signed Demand Become Profitable AI Revenue?
Insider Monkey6d agoneutral
Bitdeer (BTDR) Fully Contracts A102. Can Signed Demand Become Profitable AI Revenue?

Bitdeer Technologies Group (NASDAQ:BTDR) reiterated in its September 16 operating update that it had fully contracted graphics processing unit (GPU) capacity at its A102 facility in Malaysia. The facility has 9.5 megawatts of IT capacity, with long-term commitments representing more than $800 million of expected revenue. The five-year commitments were previously disclosed in an announcement […]

WW International Eyes Cash Flow Turnaround as GLP-1 Care Gains Momentum
MarketBeat6d agoneutral
WW International Eyes Cash Flow Turnaround as GLP-1 Care Gains Momentum

WW International (NASDAQ:WW) executives outlined the company’s efforts to reposition its weight-management business around behavioral support, telehealth and GLP-1 medications, following a restructuring that substantially reduced its debt burden. Speaking at Morgan Stanley’s healthcare conference,

Halliburton (HAL) Wins Integrated Cyprus Contract. Can Broader Services Improve Returns?
Insider Monkey6d agobullish
Halliburton (HAL) Wins Integrated Cyprus Contract. Can Broader Services Improve Returns?

Halliburton Company (NYSE:HAL) announced a multi-year contract from Eni S.p.A. (NYSE:E) on September 15 for the Cronos ultra-deepwater development offshore Cyprus. The award covers integrated drilling, well construction, automation, and completion services for exploration and development wells in Block 6 of the Cyprus Exclusive Economic Zone. The package includes drilling fluids, directional drilling, LOGIX automation […]

Streaming’s Biggest Rivals Just Became Allies in Washington
Insider Monkey6d agoneutral
Streaming’s Biggest Rivals Just Became Allies in Washington

Netflix, Inc. (NASDAQ:NFLX), Amazon.com, Inc. (NASDAQ:AMZN), and Alphabet Inc. (NASDAQ:GOOGL)’s YouTube compete aggressively for subscribers, ad revenue, and, increasingly, sports rights. On September 14, the three put aside their rivalry to form a new lobbying group aimed at representing the streaming industry as a single, undivided voice in Washington. The New Coalition The Streaming Access and […]

What Mitsui High-tec (TSE:6966)'s Upgraded 2026 Forecast and Dividend Hike Means For Shareholders
Simply Wall St.6d agobullish
What Mitsui High-tec (TSE:6966)'s Upgraded 2026 Forecast and Dividend Hike Means For Shareholders

Mitsui High-tec, Inc. has already reported half-year 2026 results showing sales of ¥130,672 million and net income of ¥9,943 million, alongside a second-quarter dividend of ¥6.00 per share payable from October 8, 2026. At the same time, the company raised its full-year forecasts for sales, profit and earnings per share, citing robust demand, cost controls and favorable foreign exchange movements. Next, we’ll examine how this upgraded full-year guidance, built on stronger-than-expected...

Upstart (UPST) Stock Looks About Right As Earnings Questions Persist
Simply Wall St.6d agoneutral
Upstart (UPST) Stock Looks About Right As Earnings Questions Persist

Upstart Holdings has seen its share price fall sharply in recent years, which puts a spotlight on whether the current US$25.00 level lines up with what the business actually earns. For anyone looking at the stock today, the real issue is how much of the story is reflected in the earnings power the company is producing right now. Over the past 5 years, Upstart Holdings has delivered a share price decline of 92.4%, which raises real questions about how durable its earnings model looks to the...

Baird Pulls the Plug on Its Sportswear Recovery Thesis, Downgrading NIKE and Dick’s All at Once
Insider Monkey6d agoneutral
Baird Pulls the Plug on Its Sportswear Recovery Thesis, Downgrading NIKE and Dick’s All at Once

Wall Street’s patience with the athletic footwear and apparel industry’s recovery is wearing thin. On September 14, Baird analyst Jonathan Komp downgraded five stocks to Neutral in a single note, including NIKE, Inc. (NYSE:NKE), adidas, DICK’S Sporting Goods, Inc. (NYSE:DKS), Rocky Brands, and VF Corp, while adding negative “fresh picks” on Under Armour and Canada […]

Axon Enterprise (AXON) Prices $1B of Zero-Coupon Notes. What is the Real Cost?
Insider Monkey6d agoneutral
Axon Enterprise (AXON) Prices $1B of Zero-Coupon Notes. What is the Real Cost?

Axon Enterprise, Inc. (NASDAQ:AXON) announced on September 16 that it priced $1 billion of 0% convertible senior notes due September 15, 2031. Underwriters received an option to purchase another $150 million to cover over-allotments. Settlement is expected September 18, subject to customary closing conditions. Axon Enterprise, Inc. (NASDAQ:AXON) expects approximately $986 million after underwriting discounts […]

Brookfield Business (BBUC) Joins Reliance Deal. What Returns Can it Capture?
Insider Monkey6d agoneutral
Brookfield Business (BBUC) Joins Reliance Deal. What Returns Can it Capture?

Brookfield Business Corporation (NYSE:BBUC) will participate in Brookfield’s proposed acquisition of Reliance Worldwide Corporation, announced September 15. The transaction values the plumbing-products manufacturer at approximately US$2.8 billion in enterprise value, excluding lease liabilities. The investment group plans to acquire 100% ownership. Funding will come through the Brookfield Capital Partners strategy and Brookfield Business Corporation (NYSE:BBUC). […]

Layoffs, Cyber Disruptions, Annex 1 Upgrades Might Change The Case For Investing In West (WST)
Simply Wall St.6d agoneutral
Layoffs, Cyber Disruptions, Annex 1 Upgrades Might Change The Case For Investing In West (WST)

West Pharmaceutical Services recently announced it will phase out a product line at its Scottsdale facility by the end of September, resulting in 98 layoffs and related manufacturing work being shifted to other Becton, Dickinson and Co. locations. At the same time, the company’s push into higher-value products and Annex 1-related sterility upgrades is being tempered by cyber incident disruptions in its West Vantage segment and tariff- and commodity-driven cost pressures. We’ll now examine...

Restaurant Brands International (QSR) Stock Looks Below Fair Value Following Its 39% Run
Simply Wall St.6d agoneutral
Restaurant Brands International (QSR) Stock Looks Below Fair Value Following Its 39% Run

Restaurant Brands International has delivered a 5 year shareholder return that keeps it firmly on many watchlists, yet the recent pullback raises a fresh question about whether today’s price still lines up with the cash the business is expected to generate. With the share price at US$72.88 after a weaker recent stretch, investors are asking how much of the story is already reflected in the valuation. The stock has returned 39.1% over the past 5 years, which puts real weight on whether that...

Is Timken (TKR) Undervalued Following Its Recent Pullback?
Simply Wall St.6d agoneutral
Is Timken (TKR) Undervalued Following Its Recent Pullback?

Timken (TKR) has drawn attention after recent price swings, with the shares closing at $117.14. Investors are weighing this move against the company’s multi segment industrial profile and global revenue base. Recent trading has been choppy for Timken, with the share price slipping over the past month and quarter, yet still showing strong year to date share price gains and a solid multi year total shareholder return record. This suggests that momentum has cooled rather than vanished. See how...