Core Viewpoint - TrustBIX Inc. has entered into an agreement to acquire an Indoor Farm Management System asset from Mindsgate Ltd., which is expected to enhance its indoor farming technology solutions [2][3]. Group 1: Proposed Transaction - The acquisition involves TrustBIX purchasing the Indoor Farm Management System (IFMS) asset in exchange for issuing 6,000,000 units, each consisting of one common share and one warrant [4]. - Each warrant allows the holder to purchase one common share at a price of $0.08 for two years from the closing date [4]. - The transaction is subject to various conditions, including obtaining necessary consents and regulatory approvals, particularly from the TSX Venture Exchange [5]. Group 2: Board and Management Change - Mr. Adam Morand has resigned from his position on the Board of Directors and as Chief Technology Officer, effective October 3, 2025 [6].

BOSTON--(BUSINESS WIRE)-- #AI--Kernal Bio retains strategic independence, while gaining access to shared resources, operational support and Lilly's global network of experts. ...

Core Insights - Aviat Networks Inc. is identified as one of the most undervalued technology stocks, with a recent partnership with Intracom Telecom to deliver Fixed Wireless Access (FWA) technology [1][3] - The collaboration will focus on high-capacity mmWave bands (28 and 39 GHz) to meet FCC requirements for 5G [1][3] Company Overview - Aviat Networks provides microwave networking and wireless access networking solutions across multiple regions, including North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific [4] Partnership Details - The partnership aims to target North American service providers to fulfill the increasing demand for multi-Gigabit consumer and enterprise 5G access [2] - Aviat will offer a complete solution portfolio, including software solutions and a comprehensive set of design, planning, deployment, and support services [3] - Intracom Telecom will contribute the WiBAS G5 platform, which is the only commercially available point-to-multipoint FWA solution operating in the specified mmWave bands, capable of delivering over 22 Gbps [3]

Core Viewpoint - Nvidia's stock has seen a remarkable increase of over 1,100% since the beginning of 2023, indicating strong investor interest and performance in the market [1] - Despite the significant rise, Nvidia is projected to have substantial growth potential ahead, particularly in the data center capital expenditure sector [2][5] Group 1: Market Position and Growth Potential - Nvidia holds a dominant 90% market share in the data center GPU market, making it the preferred choice for AI model training and processing [3] - The company anticipates global data center capital expenditures to reach $600 billion in 2023, with projections of $3 trillion to $4 trillion by 2030, indicating a massive growth trajectory [5][6] - Nvidia's close relationships with its customers provide it with valuable insights, suggesting that even if projections are overly optimistic, the general direction of growth is likely accurate [6] Group 2: Investment Considerations - The stock is currently trading at 40 times forward earnings, which is at the high end of its historical range, yet it remains consistent with its valuation from the previous year [7] - If Nvidia's market projections are realized, the current stock price could be considered inexpensive, with potential revenue growth that could more than triple over the next five years [9] - The influx of capital into AI infrastructure positions Nvidia favorably, making it a compelling investment opportunity for the future [11]

Labor Market Conditions - The unemployment rate remained stable at 4.34% in September, just 0.01 percentage points shy of reaching 4.4%, the highest since October 2021 [3] - Planned layoffs in Q3 totaled 202,118, marking the highest quarterly total since 2020, with year-to-date job cuts reaching 946,426, a 55% increase from the same period last year [3][4] - The current labor market is characterized by stagnation, cost increases, and transformative technology, with potential stabilization expected in Q4 due to anticipated rate cuts [4] Stock Market Valuations - The U.S. stock market is currently trading at its highest valuation in history, surpassing levels seen during the Dot Com Bubble and the Great Depression [5][8] - Despite high valuations, momentum is expected to drive markets higher over the next 12 months, particularly in AI infrastructure investments [10][24] Momentum vs. Valuation - In the short term, momentum is a stronger driver of stock prices than valuation, with evidence suggesting that momentum can overpower valuation in monthly or quarterly time frames [11][12] - Over a 10-year horizon, valuation becomes the dominant driver of market performance, but in the short term, investors are advised to focus on buying pressure and technical signals [17] Investment Opportunities - A significant financial event, referred to as Project Yorktown, is anticipated to redirect $4 trillion into specific market sectors, presenting a unique investment opportunity [27] - The activation of Project Yorktown on October 21 is expected to reshape America's financial landscape, with potential benefits for investors in overlooked market areas [26][27]

Core Viewpoint - Rosenblatt Securities maintains a Buy rating on TeraWulf (WULF) and raises its 12-month price target from $12.00 to $14.50, highlighting an underappreciated HPC hosting pipeline [1] Revenue and EBITDA Projections - TeraWulf's revenue is projected to increase from $183.1 million in 2025 to $923.3 million by 2027, with adjusted EBITDA expected to rise from a slight loss of $1.7 million in 2025 to $531.9 million in 2027 [2] Capacity Expansion and Market Position - The recent acquisition of 400 MW through Lake Cayuga is cited as evidence of TeraWulf's expanding capacity, with expectations to secure 150–200 MW of new HPC hosting contracts annually [3] - TeraWulf's relative underperformance (up 21% over the past month) compared to peers (up 44%) is viewed as a buying opportunity, as anticipated capacity expansions are not fully reflected in TeraWulf's valuation [4] Valuation Metrics - TeraWulf's 2025 EV/Revenue multiple is 17.7x, decreasing to 3.5x by 2027, while its EV/EBITDA multiple is expected to improve from a negative value to 6.1x in 2027, indicating a transition to profitability [5] Forecast Adjustments - Rosenblatt has raised its forecasts for 2026 and 2027, reflecting increased confidence in TeraWulf's ability to monetize its Bitcoin mining assets for HPC colocation, driven by expanding AI demand [6] Current Market Position - WULF closed at $11.58, which is below Rosenblatt's target of $14.50, indicating a potential upside of 25% [7]

Core Viewpoint - The S&P 500 and NASDAQ are reaching new highs despite the ongoing government shutdown, indicating a resilient market environment. The overall strategy remains unchanged, but adjustments have been made for Q4, particularly in the communication services sector [1][2]. Market Strategy Adjustments - The company has lowered its position in communication services from overweight to market weight for the first time since 2023, reflecting a cautious approach as earnings season approaches [3]. - There is a significant expectation built into media stocks, suggesting that merely meeting or beating earnings expectations may not be sufficient to support stock prices in the near term [4]. Sector Insights - The technology sector, especially semiconductors and software, remains a positive focus, driven by the ongoing AI trend [5]. - The consumer discretionary sector has also been adjusted to market weight, indicating a strategic shift towards areas that may benefit from lower interest rates in the future [6][7]. Small and Mid-Cap Stocks - The company is increasingly optimistic about small and mid-cap stocks, which are traditionally more sensitive to economic cycles. The ideal time to invest in small caps is typically post-recession, and the current environment suggests a potential soft landing combined with lower Fed rates [9]. - Small and mid-cap stocks have experienced an earnings recession over the past two years, but recent Q2 results show the first positive inflection in earnings growth, indicating a potential turnaround [10].

Core Insights - Agree Realty Corporation (NYSE:ADC) is recognized as one of the 12 best REIT dividend stocks to buy currently [1] - The company operates exclusively in the retail sector and has a smaller portfolio compared to its competitors, which allows for rapid growth with less investment [2] - Over the past decade, the firm's dividend has increased by approximately 66%, making it attractive for dividend growth-oriented investors [2] Investment Strategy - Agree Realty Corporation plans to invest approximately $1.5 billion in real estate in 2025, indicating a commitment to portfolio growth [3] - The company maintains strong tenant relationships, supported by average lease durations exceeding eight years, positioning it as a reliable monthly dividend grower [3] Dividend Information - The company transitioned from quarterly to monthly dividend payments in 2021, currently offering a monthly dividend of $0.256 per share [4] - As of October 1, the dividend yield stands at 4.28%, reflecting the company's commitment to returning value to shareholders [4]

Labor Market Insights - Initial Jobless Claims have significantly decreased from a multi-year high of +264K to +218K, indicating a resilient labor market [2][3] - Continuing Claims have remained below 1.94 million for three weeks, after being above this threshold for 13 consecutive weeks, suggesting stabilization in the labor force [3] - The BLS reported an average of +71K new jobs filled per month in 2025, a stark decline from the previous eight-month average of +159K, raising concerns about future job growth [5] Tesla Performance - Tesla set a new record by delivering +497K vehicles in Q3, despite facing brand erosion due to CEO Elon Musk's public behavior [6] - The expiration of the $7500 tax credit for EV purchases is expected to negatively impact Tesla's deliveries in Q4, alongside increased competition from companies like BYD and MG in the European market [7] - Tesla shares have seen a market gain of +88% over the past year, with an additional +3% increase in early trading [7] Manufacturing Sector - Factory Orders for August were anticipated to rise by +1.4% after a decline of -1.3% in July, indicating a potential recovery in manufacturing [8] - Recent manufacturing data from S&P PMI showed steady performance at 52.0, while ISM numbers improved but remained in slight contraction at 49.0 [8] Stock Market Outlook - Pre-market futures are mixed, with the Dow down 14 points, the S&P 500 up 20 points, and the Nasdaq up 150 points, reflecting ongoing interest in AI investments and deal-making [9] - AI-based technology firms are currently driving market momentum, highlighting the competitive landscape in this sector [9]

Core Insights - Fair Isaac Corporation (FICO) is leveraging an innovative portfolio to maintain its leadership in the financial services industry, recently introducing the FICO Foundation Model for Financial Services, which includes the FICO Focused Language Model (FLM) and the FICO Focused Sequence Model (FSM) aimed at reducing errors and improving accuracy [1][2] Product Innovation - The new models are designed to be smaller, cost-effective, and auditable, trained on curated financial data, enhancing task-specific transparency and improving fraud detection and risk assessment [2] - Both models incorporate patented Trust Scores, facilitating responsible AI adoption with configurable risk thresholds, showcasing FICO's commitment to practical and trustworthy GenAI solutions for financial institutions [2][3] AI Platform Leadership - The FICO Platform serves as the cornerstone of the company's AI expansion, enabling real-time decision-making at scale and transforming operational processes by optimizing consumer interactions and improving efficiency [4] - Forrester has recognized the FICO Platform as the leader in AI decisioning platforms for the fourth consecutive time, highlighting its innovation and value delivery to clients [5] Strategic Partnerships - FICO's collaboration with Amazon Web Services (AWS) enhances its AI capabilities, with a new agreement to expand global access to AI-driven decision workflows via the FICO Platform, starting with the FICO Decision Modeler in AWS Marketplace [6] - The partnership with Cognizant aims to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager, enhancing security and fraud detection for clients across various industries [7] - FICO's partnership with Fujitsu focuses on bringing Omni-Channel Engagement Capabilities to Japan, facilitating digital transformation for Japanese financial services firms through comprehensive service implementation [8][9] Financial Outlook - For fiscal 2025, FICO anticipates revenues of $1.98 billion, with non-GAAP earnings projected at $29.15 per share, driven by a strong portfolio and expanding clientele [10]