1h ago
Dynagas LNG Partners posts $16 million Q2 2026 profit and $730 million revenue backlog
Dynagas LNG Partners reported second-quarter 2026 net income of $16 million, up 16.8% year on year, and adjusted EBITDA of $27.6 million. Voyage revenue rose 6.7% to $41.2 million, supported by higher rates and the start of the Clean Energy vessel’s new time charter. Average daily hire increased to about $71,810 per vessel, while fleet utilization was 96.2%. The partnership also said it had an estimated contracted revenue backlog of approximately $730 million.
1h ago
1h ago
Wall Street lifts 12-month Dell price targets to $500–$735 after guidance hike
Dell Technologies reported results for the quarter ended July 31, 2026, with revenue of $47 billion, up 58% year over year, and non-GAAP EPS of $7.04, up 203%. Infrastructure Solutions Group revenue totaled $31.8 billion, including $16.4 billion from AI-optimized servers, while quarterly AI server orders reached a record $60.9 billion, taking total AI backlog to $95 billion. Management raised its fiscal 2027 revenue outlook to about $192 billion. Wall Street analysts subsequently set fresh 12-month price targets in a range of $500 to $735.
1h ago
5h ago
Gold posts nearly 2% weekly drop as oil surge and sticky U.S. inflation lift rate-hike bets
Gold prices fell nearly 2% this week as a jump in crude oil and stubborn U.S. inflation strengthened expectations of further Federal Reserve rate hikes, weighing on demand for precious metals. WTI crude rose above $104 a barrel and is up nearly 16% over the past month. U.S. August CPI rose 3.4% year on year and PPI increased 5.4% annually, both slightly above expectations, pushing Treasury yields higher and pressuring gold.
5h ago
7h ago
Robinhood CEO says issuers can’t block third-party stock tokens that preserve shareholder rights
Robinhood cofounder and CEO Vlad Tenev argues that a listed company cannot prevent a third party from issuing a token linked to its publicly traded shares, provided the token does not change shareholder rights or create new obligations for the issuer. Market data he highlighted show tokenized-stock DEX volume reached $4.3 billion last week, with Robinhood holding a 66.3% share. Analysts tracking a $165 HOOD price target cite the Stock Token catalog as the key growth driver. Robinhood chief legal officer Dan Gallagher said the firm will take its dispute involving AMC to the SEC for a decision, while transfer agent groups have asked the regulator to limit any relief to issuer-sponsored tokens.
7h ago
9h ago
Metal prices strengthen in August as rising input costs emerge as key hurdle, report says
Metal prices broadly strengthened in August, with India rebar up nearly 10% month on month and 12% year on year, while hot-rolled coil prices in the U.S. and Europe rose about 3%. Aluminium increased to $3,251 per tonne. Global crude steel output fell around 4% month on month to 149.2 million tonnes in July, with China down about 4% year on year and production outside China up 3%. Australian iron ore prices declined about 2% month on month and 3% year on year, according to a Centrum report.
9h ago
9h ago
U.S. inflation picks up in August as core CPI posts biggest gain in four months, lifting rate-hike odds
U.S. consumer prices rose faster in August, with core inflation recording its largest increase in four months as higher energy costs added to price pressures. Rate-hike expectations strengthened, with FedWatch showing the probability rising to 87%. Oil climbed back above $100 a barrel and motor fuels including diesel jumped 9.6% over the week, pushing up inflation expectations. The Federal Reserve faces a more urgent policy trade-off between restoring price stability and supporting economic growth.
9h ago
10h ago
Anthropic holds talks to bring Nvidia in as anchor investor for potential $100 billion IPO
AI startup Anthropic is in talks with Nvidia about bringing the chipmaker in as an anchor investor for a potential initial public offering that could raise as much as $100 billion and value the company at around $2 trillion. Nvidia is considering investing up to $10 billion in the offering, Reuters reported, citing two people familiar with the matter. The discussions are ongoing and the plans could change.
10h ago