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Our Top Dividend From The ‘Big Beautiful Bill' Is On Sale Now
Forbes· 2025-07-16 12:20
Group 1: Legislative Impact - The One Big Beautiful Bill Act (BBB) is expected to release approximately $3 trillion in stimulus, benefiting the oil and gas sector, particularly pipeline operators like Kinder Morgan (KMI) [3][9] - The BBB allows oil and gas producers to write off capital expenses immediately and delays fees on methane emissions until 2035, which is likely to increase production [5][10] Group 2: Company Overview - Kinder Morgan operates as a corporation, avoiding the complexities associated with master limited partnerships (MLPs), and offers a 4.2% dividend that grows annually [4][8] - KMI manages 79,000 miles of pipelines in North America, with 40% of U.S. natural gas production flowing through its systems, positioning it favorably in the energy market [11][12] Group 3: Financial Stability - KMI's revenue is largely secured through "take-or-pay" contracts (64%) and fee-based agreements (26%), providing stability against fluctuations in oil and gas prices [14] - The company anticipates $5.2 billion in distributable cash flow for 2025, significantly exceeding its $2.6 billion dividend obligations, allowing for growth investments and debt repayment [16] Group 4: Market Position and Growth Potential - KMI has outperformed major MLPs like Enterprise Products Partners (EPD) in total return over the past three years, despite EPD offering a higher yield [15] - The company's focus on natural gas aligns with growing trends such as reshoring industrial production and increasing energy demands from AI [12][13]
AAPL INVESTOR LOSS: A Class Action was filed on behalf of Apple Inc. (NASDAQ:AAPL) Investors – Contact BFA Law by August 19 if you Suffered Losses
GlobeNewswire News Room· 2025-07-16 12:19
Core Viewpoint - A lawsuit has been filed against Apple Inc. and certain senior executives for potential violations of federal securities laws related to misrepresentations about Siri's AI capabilities and product timelines [1][2][3][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tucker v. Apple Inc., et al., No. 5:25-cv-05197 [2]. - Investors have until August 19, 2025, to request to lead the case [2]. Group 2: Allegations Against Apple - The complaint alleges that Apple misrepresented the advanced AI features of Siri and the timeline for their integration into the iPhone 16 product cycle [3][4]. - It is claimed that Apple did not have a functional prototype of the advanced features it promised [4]. Group 3: Stock Performance Impact - Following the announcement on March 7, 2025, that Apple would indefinitely delay several AI-based Siri features, the stock price fell by $11.59, or nearly 5%, from $239.07 to $227.48 per share [5]. - On June 9, 2025, after the Worldwide Developer Conference where no new updates on Siri features were announced, the stock price declined by $2.47, or over 1%, from $203.92 to $201.45 per share [6].
RDDT INVESTOR LOSS: A Class Action was filed on behalf of Reddit, Inc. (NYSE:RDDT) Investors – Contact BFA Law by August 18 if you Suffered Losses
GlobeNewswire News Room· 2025-07-16 12:18
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Reddit, Inc. (NYSE: RDDT) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Investors have until August 18, 2025, to ask the Court to ...
Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted
CNBC· 2025-07-16 12:17
Core Viewpoint - Nvidia aims to enhance its chip sales in China by introducing more advanced chips than the current H20 model, which is designed to comply with U.S. export restrictions [1][2]. Group 1: Sales Strategy - Nvidia plans to resume sales of its H20 artificial intelligence chip to China, reversing a previous ban [1]. - The H20 chip is a less-advanced semiconductor tailored for AI workloads that adhere to U.S. export regulations [1]. Group 2: Technology Advancement - CEO Jensen Huang expressed the intention to provide more advanced chips to China over time, emphasizing the continuous improvement of technology [2][3]. - Huang referenced the Hopper chip architecture, indicating that future technologies will be better and more capable [3]. Group 3: Market Challenges - Nvidia has faced significant challenges due to U.S.-China trade tensions, leading to restrictions on its most advanced chips [4]. - The company incurred a $4.5 billion writedown on unsold H20 inventory in May and estimated that sales in the last financial quarter would have been $2.5 billion higher without export restrictions [4]. Group 4: Political Landscape - Huang has navigated a complex political landscape, balancing support for U.S. policies on reshoring chip manufacturing while advocating for changes to restrictions on China [5].
Wall Street analyst upgrades Palantir's stock price, but with caution
Finbold· 2025-07-16 12:17
In the wake of Palantir (NASDAQ: PLTR) hitting a new record high of $150, a Wall Street analyst at Mizuho sees further upside for the American software giant, though with caution.As of press time, PLTR was trading at $148.58, down 0.38%, a slight pullback from its record high of $150.32.PLTR one-day stock price chart. Source: FinboldIn a note on Tuesday, Mizuho analyst Gregg Moskowitz upgraded Palantir to ‘Neutral’ from ‘Underperform’ and raised his price target to $135 from $116, implying an 8.7% drop from ...
X @Forbes
Forbes· 2025-07-16 12:10
The hottest job of the summer? AI Ph.D.s. https://t.co/ixplCXSh9m https://t.co/ixplCXSh9m ...
We Tracked Down an AI Obituary Pirate to Find Out Why They're Exploiting Our Grief
CNET· 2025-07-16 12:01
Obituaries have become much more than a section in your local newspaper. Most are actually available online and these days there are thousands and thousands released on the internet every single day. This obituary, however, happens to be fake and it also happens to be mine.Now, of course, I wasn't the victim of an actual scam. I did not die of being too cool. But we put this together to illustrate a point that fake AI generated obituaries are now everywhere.People grieving a loved one often post about it on ...
Bank of America(BAC) - 2025 Q2 - Earnings Call Presentation
2025-07-16 12:00
Financial Performance Highlights - Revenue reached $26.5 billion, a 4% year-over-year increase[2] - Net income was $7.1 billion, up 3% year-over-year[2] - Earnings per share (EPS) increased by 7% year-over-year to $0.89[2] - The return on average common shareholders' equity (ROE) was 100% and return on average tangible common shareholders' equity (ROTCE) was 134%[2] Balance Sheet Strength - Deposits totaled $20 trillion, a 5% increase year-over-year[2] - The common equity tier 1 (CET1) ratio was 115%, exceeding regulatory minimums[2] - Global liquidity sources (GLS) averaged $938 billion[2] Business Segment Growth - Consumer investment assets increased by 13% year-over-year to approximately $540 billion[9] - Global Banking average deposits grew 15% year-over-year to over $600 billion[10] - Global Wealth & Investment Management (GWIM) client balances increased 10% year-over-year to $44 trillion, with assets under management (AUM) up 13%[9] Artificial Intelligence and Innovation - The company is leveraging AI to drive efficiencies across various operations, including customer service, content summarization, and code generation[11] - Over 50 AI-enabled fraud detection models are in use[11] - The company has approximately 1,400 AI and machine learning patents granted and pending[11] Net Interest Income and Outlook - Net interest income (NII) increased by 7% year-over-year to $147 billion[14] - The company expects net interest income to be approximately $155 billion-$157 billion in 4Q25[51] Asset Quality - Total net charge-offs were $15 billion[12] - The allowance for loan and lease losses represented 117% of total loans and leases[65]
Sagtec to Announce First Half 2025 Financial Results on July 21, 2025
Globenewswire· 2025-07-16 12:00
KUALA LUMPUR, Malaysia, July 16, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a technology innovator in customizable software and AI systems, today announced that it will release its first half ended June 30, 2025, before the markets open on July 21, 2025. Sagtec management team will hold earnings call at 8:30 a.m. Eastern Time on July 21, 2025. The Company’s management team will host earnings call at 8:30 a.m. Eastern Time on July 21, 2025, to discuss Sagtec’s ...
Rocket Doctor’s Virtually-Enabled Emergency Department  Diversion Program Reduces Strain on Overwhelmed Hospitals
Globenewswire· 2025-07-16 12:00
Virtually-enabled Emergency Department (ED) at Georgian Bay General Hospital has successfully connected over 3,000 patients with MDs,with 97.5% managed virtually and only 1% redirected to the ED.The Ontario program has saved an estimated $1.4 million by diverting 3,065 patients from the ER between June 2022 and December 2024. This is based on an average of $475 per visit, using cost data from Scarborough Health Network and Canadian Institute for Health Information. In the last 3 months across Alberta, Rocke ...