See the full story in the original article.
Read the original on summitdaily.com ↗
Related news
- BBAI Secures $225M+ in Federal Contract Awards Across Key Markets
BigBear.ai (BBAI) has secured more than $225 million in federal contract awards since July 2026, including new contracts and successful recompetes that strengthen its position in national security and trade and travel. The company won more than 25 new generative AI awards from agencies including the FBI, NASA and the Department of Energy, plus two recompete awards supporting U.S. Customs and Border Protection through SAIC and Unissant. In the second quarter of 2026, revenue rose 13% year over year to $36.7 million and gross margin reached 32.8%, while backlog hit $269.6 million at June 30, 2026. Management reaffirmed full-year revenue guidance of $135-$165 million. Shares have fallen 36.9% over six months, and concerns include persistent operating losses, elevated growth-related expenses and uncertainty over government contract conversions.
- Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
Crypto exchanges liquidated about $803 million in leveraged positions over 24 hours, 86% of them bullish bets, as bitcoin briefly fell below $81,000. SanDisk perpetual futures recorded $19.09 million in liquidations, more than XRP, showing how leverage on crypto venues is increasingly tied to chip stocks. About $595 million was wiped out in the final 12 hours, as South Korea’s KOSPI fell more than 6%. Binance accounted for half of all liquidations, while Samsung Electronics and SK Hynix each fell about 8%. The trend reversed as bitcoin recovered above $83,000, with shorts making up 79% of the $74 million liquidated over the following four hours.
- Alpha Compute Signs Binding GPU Contract, Leasing ALPHA-03 cluster under Four-Year, $81.7 Million Agreement in its Missouri Superintelligence Factory
Alpha Compute Corp. (Nasdaq: ALP) signed a binding four-year contract worth $81.7 million with a venture-backed AI compute marketplace valued at more than $1 billion, leasing the entire ALPHA-03 cluster of 592 liquid-cooled NVIDIA B300 GPUs. The cluster will run in a 1.3 MW data center in Missouri, USA, with delivery targeted for early Q1 2027. The customer has paid a $1.0 million deposit and agreed to prepay 25% of the contract value, with recurring annual revenue of about $20.2 million, and fees are payable whether or not the capacity is used. ALPHA-03 is the company's first contracted U.S. GPU cluster after Canada and Sweden, and the CEO said it will be the largest contract so far.
- Greg Abel's Berkshire Hathaway Collected $479 Million in Dividends Last Year from an American Express Stake That Cost $1.3 Billion. You Can Put the Same Principles to Work for Yourself.
Berkshire Hathaway, now run by Greg Abel, collected $479 million in dividends from its American Express stake in 2025, against a total cost of $1.3 billion for shares bought over several years ending in 1995. At the end of 2025 Berkshire owned 22% of American Express, a stake then worth $56 billion. The annual dividend rose from $1.22 per share in 2016 to $2.08 in 2022 and $3.54 more recently, even though the current yield is only 1.2%. The article notes that American Express's second-quarter EPS rose 11% and revenue rose 10%, and that its forward P/E of 15.3 is below its five-year average of 16.8. It uses this case to highlight the value of holding growing dividend payers over the long term.
- AI agents make 138 million crypto payments as U.S. dominates spending on AI models
Chainalysis recorded more than 138 million transactions by AI agents through Coinbase's x402 protocol on the Base blockchain, using crypto to buy data, computing power and AI model access. U.S.-linked wallets accounted for 88.1% of geographically identified AI model inference payments, versus 0.1% for Chinese-linked wallets, while Chinese-linked wallets dominated security and code-analysis payments at roughly 90%. More than 87% of x402 payments were worth 10 cents or less, pointing to stablecoin micropayment potential, but volume remains small: about 75 million payments worth $24 million over 30 days through July. A separate earlier study raised questions about artificial activity, with the share of wallets receiving more funding within 30 days rising from 70.6% for wallets first funded in Q3 2025 to 89.3% for Q2 2026, and the time from funding to first payment falling from 73 days in late 2025 to 18 minutes in Q3 2026. Chainalysis cautions that transaction counts alone do not establish genuine commercial demand.
Related markets
Latest news
- Iran warns US and Israel
Iran's Armed Forces Chief of Staff, Major General Ali Abdollahi, warned on October 18 that the US and Israel would face a far harsher response if they continue actions Tehran considers provocative. He said Tehran is awaiting their next moves and that Iran's armed forces remain ready for any scenario. Tehran accuses Washington and Tel Aviv of trying to weaken its government, and tensions have risen since earlier conflicts, including a 12-day war. Iran says it will not back down under external pressure.
- Is TC Energy (TRP) a Good or Bad Investment at Today's Multiple?
TC Energy trades at 21.19 times next year's expected earnings, closing at $61.74 on October 16 after a 1.5% return over 6 months, versus 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The company operates natural gas transmission pipelines across Canada, the United States and Mexico, plus power generation, with a 44.25% operating margin, and latest-quarter earnings rose 18.00% on revenue up 5.70%. The article flags risks including debt at 170.37% of equity, the loss of crude oil pipelines to South Bow in 2024, and volumes that depend on North American gas demand from power and LNG exports. A 4.01% yield is cited as income while the market decides whether the stable business justifies the multiple relative to its growth.
- Should You Buy This Trump AI Stock Ahead of Earnings?
Microsoft (MSFT) reports quarterly results on October 28 and ranks eighth in Trump's latest stock portfolio, after Trump bought the stock five times in August. Bulls point to Azure growth of 43% last quarter, with management expecting about 45% in the current quarter, and to demand that exceeds available computing capacity. Bears cite rising capital spending that Deutsche Bank says could push free cash flow close to breakeven in fiscal 2027, about two-thirds of spending going to short-lived equipment such as chips, and OpenAI making up about 45% of the commercial backlog in the December quarter. The stock trades at 26.75 times forward earnings, a 27% premium to the sector median of 21.01 but 12% below its own five-year average of 30.47, with a PEG ratio of 1.70 versus a sector median of 1.14. The article concludes that investors pay more than for the average tech stock but less than they usually pay for Microsoft.
- What Is Williams' (WMB) Economic Moat, and Is It Steel or Permits?
Williams (WMB) closed at $71.28 on October 16, with a 0.5% return over 6 months, compared with 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The article argues its main advantage is the Transco pipeline, which runs from the Gulf Coast up the eastern seaboard, where several attempts to build new pipe have been abandoned after failing to win approvals. A 39.54% operating margin and 21.50% return on equity are cited as evidence of this advantage, although revenue rose only 7.80% last quarter. Limits noted include debt at 200.37% of equity, rules that also restrict Williams' own growth, and a price of 26.81 times expected next-year earnings. The dividend yields 2.95%.
- Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
Marvell shares rose 6% to $241.27 in afternoon trading after a reported delay in Google's next TPU chip, while Broadcom gained 3%. GF Securities analyst Jeff Pu said the delay does not change Marvell's medium- to long-term position in Google's chip supply chain. Marvell reported Q2 FY2027 revenue of $2.74 billion, up 36.5% YoY, with its Data Center segment at $2.17 billion, or 79% of revenue. Google can acquire up to 7% of Marvell shares under a warrant tied to revenue targets, and management expects its custom business to more than double in fiscal 2028. Q3 revenue guidance is $3.15 billion, plus or minus 5%, with non-GAAP gross margin of 57.5% to 58.5%, and the article notes Marvell still needs to convert its Google programs into reported revenue.
- Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?
ONEOK (NYSE:OKE) closed at $93.31 on October 16 and returned 11.4% over six months, versus 10.5% for the Insider Monkey Billionaire Index. The stock trades at 14.49 times next year's expected earnings and yields 4.59%, and revenue rose 52.80% last quarter as the company grew through acquisitions. The article argues that much of this growth was bought rather than built, with only 13.25% of revenue remaining as operating profit and debt at 143.07% of equity. Because a large part of the business involves buying and reselling liquids rather than earning transport fees, the article views the discount as having a reason behind it. It concludes that investors should watch margins rather than revenue.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.