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- AtlasClear Eyes Banking , Clearing and Digital - Asset Growth After 85 % Revenue Jump
AtlasClear (NYSEAMERICAN:ATCH) outlined plans to expand its clearing, custody, banking and digital-asset services for smaller financial intermediaries. Fiscal-year revenue rose 85% to $20.1 million, total assets grew 17% to $71.2 million, and the company posted positive net income for a second straight year. It has signed six correspondent agreements since acquiring Wilson-Davis and holds a 24.9% interest in Dawson James, and management estimates a full consolidation would bring about $47 million in revenue, though this depends on completing the deal. The pending purchase of Commercial Bancorp of Wyoming still requires regulatory approval and about $15 million in cash. Stockholders' equity reached $21.1 million at the June fiscal year-end, up from negative equity of about $40 million at its low point after the 2024 de-SPAC transaction.
- NiSource announces long - term agreement with Microsoft expected to increase customer savings and support Indiana economic growth | Government
NiSource (NYSE: NI) announced a new long-term energy agreement with Microsoft for its northwest Indiana campus, under which new large-load customers are served through NiSource Generation Company LLC (GenCo) in a way designed to shield existing NIPSCO electric customers from incremental costs. The deal builds on previously disclosed expected customer savings of $1.4 billion over the life of data center contracts, raising total expected NIPSCO electric customer savings to approximately $1.75 billion, or as much as $140 per customer annually. Microsoft is expected to begin taking electric service under a 20-year term starting in 2028 and will fully fund the generation and transmission it requires, while the GenCo-owned pool portfolio will grow by about 1,100 MW. GenCo has also contracted 600 MW of battery storage under a long-term tolling agreement, and CEO Lloyd Yates said affordability is not separate from economic development. Further operational and financial details will be shared on the company's third-quarter earnings call.
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- 《 TAIPEI TIMES 》 Economic growth to be highest in 39 years : CIER - 焦點
The Chung-Hua Institution for Economic Research (CIER) raised its growth forecast for Taiwan this year to 12.16%, up from 10.35% in July, which would be the fastest pace in 39 years. Domestic demand is expected to contribute 55% of growth and net overseas demand 45%, driven largely by AI-related products, rising cloud provider capital spending and private investment forecast to grow 10.77%. CIER estimates third-quarter growth at 12.73% and fourth-quarter growth at 8.2% due to a higher base of comparison, and sees inflation at 2.06% this year. It also raised its growth forecast for next year to 5.97% from 3.71%, while flagging risks from monetary policy in major economies, financial market moves, geopolitical risks and cross-strait relations.
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- 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.
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