IJR News

BetMGM Q3 Revenue Rises 7%, EBITDA Jumps 112% — 1dBetMGM Q3 net revenue rose 7% to $710 million and adjusted EBITDA jumped 112% from $41 million, even as monthly active players fell 3% to 878,000.

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Rachel Meyers BetMGM's ability to more than double EBITDA despite fewer players shows smart cost control and better player quality.

Buying Has Lower Net Cost in 41 MarketsFinance — 2dA study of housing near 54 top-ranked public universities found that renting a two-bedroom home was cheaper month to month in nearly 90% of markets. But when principal payments and potential home appreciation are counted over four years, buying can compare more favorably by building equity.

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STERIS agrees $2.1 billion Xodus acquisitionBusiness — 2dSTERIS agreed to buy Xodus Medical for $2.1 billion, netting about $1.8 billion after tax benefits, to add operating-room safety consumables.

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Toronto FC rallies past Montreal 2-1 with two stoppage-time goals — 3dToronto FC scored twice in second-half stoppage time to beat CF Montreal 2-1, with Djordje Mihailovic netting the winner against his former club.

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Chelsea Beat Bournemouth 5-1 as Henderson Nets Twice — 4dHenderson scored twice on his home debut—the first inside a minute, plus a 70th-minute free kick—as Chelsea beat Bournemouth 5-1 on October 10, 2026, and rose to fifth.

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AP Top 25 College Football TeamsRankingCollege football fans argue endlessly over which programs deserve the top spots in the AP Poll based on wins, schedule strength, and legacy.

Four Teams Unveil ABA Anniversary ThrowbacksSports — 2dThe Denver Nuggets and San Antonio Spurs unveiled ABA-inspired throwback uniforms and specialty courts for the 2026-27 season, marking 50 years since the ABA-NBA merger. Denver will feature its orange look in nine games, while San Antonio’s retro uniforms debut Nov. 4; the Brooklyn Nets also introduced an ABA-inspired uniform for the season.

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Centinel Spine Files for $100 Million IPOBusiness — 6dAfter swinging to $10.2 million in net income from a $503,000 loss, Centinel Spine filed for a NYSE IPO; one report cites a raise of up to $100 million.

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PepsiCo India Posts Broad Growth as Firm Lowers Full-Year ForecastBusiness — 6dPepsiCo cut full-year core constant-currency EPS growth to 1%-2% from a 4%-6% low end after Q3 net revenue rose 5.6% to $25.27 billion, with India leading international volume gains.

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Adaptive Reuse Gains Ground Across CitiesEnvironment — Oct 5, 2026Decarbonization goals are driving renewed interest in adapting existing buildings, which can preserve materials and reduce embodied carbon while revitalizing civic and educational spaces. Yet converting older buildings into housing remains difficult, even as demand for town-center homes and net-zero progress grows.

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Anthropic Files for IPO with $42B Loss and $518B Spending Plans — Sep 28, 2026Anthropic's IPO filing shows a $42 billion 2025 net loss and $518 billion in infrastructure plans, with a potential valuation above $2 trillion.

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Maya Lindstrom A 42 billion loss and half a trillion in spending for a 2 trillion valuation? This has to be the most aggressive bet in tech history.

Costco Reports Q4 Sales Rise 11.2% to $93.9B — Sep 24, 2026Costco reported fourth-quarter net sales of $93.9 billion, up 11.2% year over year, while fiscal-year net sales rose 10.1% to $297.2 billion. Its quarterly results included a $0.15-per-share benefit from tariff refunds, partially offset by reinvestment.

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Derek Foss The tariff refund gave them a small lift this quarter but reinvesting it means they are focused on long term improvements rather than short term gains.

Most Influential Women in World HistoryYourlist — RankingFrom ancient queens who ruled empires to modern activists who changed laws, these women left indelible marks on politics, science, and culture. Vote for who you think shaped history most profoundly.

Black Hills Plans $1.8B Google Data-Center Power BuildBusiness — Oct 6, 2026Black Hills plans to invest $1.8 billion in new natural-gas generation to help power Google’s planned Cheyenne data center, with electricity deliveries beginning in late 2027 and demand expected to peak in 2030. The long-term agreements cover a 2.7-gigawatt resource mix, are projected to add about $150 million to Black Hills’ net income by 2030, and require Google to cover the project’s costs so they are not shifted to other utility customers.

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Shein returns to profit on $11.08B sales but flags slowing growth — Sep 28, 2026Shein returned to profit with $2.40 billion Q2 net income on $11.08 billion sales, its first results as a public company, as Europe sales fell nearly 14%.

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Jared Kim Shein turning a profit is welcome but the flat growth and Europe weakness point to bigger trouble ahead with those new fees.

Fake Amazon Delivery Ruse Nets $70,000 in Milpitas — Sep 25, 2026A fake Amazon driver cased a Milpitas home Sept. 16, 2026; masked suspects then stole a safe with about $70,000 in jewelry and heirlooms in under 10 minutes.

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Maya Lindstrom They should track down that vehicle fast before the same crew hits another home in the area.

Trapped Busan Shark Draws 600,000, Becomes Ambassador — Sep 29, 2026A shark named Bukangi, trapped in a canal in Busan, South Korea, has drawn about 600,000 visitors and was named an honorary city ambassador. Officials’ efforts to guide it back to open water have failed so far, and they are preparing another attempt using a large net.

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Toy Story vs ShrekYourlist — VS BattleThe toy box vs the swamp: two animation revolutions, one inevitable playground argument.

Sharks erase three-goal deficit, defeat Panthers in OT — Sep 30, 2026The San Jose Sharks overcame a three-goal deficit to beat the Florida Panthers 4-3 in overtime, with Will Smith scoring twice and rookie Luca Cagnoni netting the winner. Florida rallied despite playing without injured captain Aleksander Barkov, who left the game after an awkward fall.

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Five Firms Report Mixed 2026 Earnings — Sep 17, 2026A cohort of overseas firms reported mixed earnings for fiscal years ending mid-2026, with some posting profit and others showing revenue declines. HyosungONBCo posted 845.6 million won in net income on minimal sales, First Credit and Investment Bank earned PKR 66.01 million, Devonshire Industries 0.082399 million BMD in net income, Mid Wynd International Investment Trust 5 million GBP, and The North American Income Trust plc posted half-year net income of 60.09 million GBP with EPS of 0.5239 GBP.

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Novacyt H1 Loss Narrows, Revenue Rises 18% — Sep 30, 2026Novacyt’s liquidity manager bought 44,200 shares and sold 44,422 in September, leaving 65,577 shares in treasury; the company has 72.6 million ordinary shares outstanding. For the first half of 2026, revenue rose 18% to £11.56 million and its net loss narrowed to £5.79 million from £6.34 million a year earlier.

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Derek Foss The liquidity manager trading nearly the same number of shares in and out feels pointless.

Honda reportedly plans $2.5B Ohio hybrid plant — Sep 24, 2026After canceling three EV models and warning of its first net loss since 1957, Honda is in final stages of a $2.5B Ohio hybrid plant, Nikkei reported.

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Dana Whitfield Putting 2.5 billion into hybrids now could help Honda recover faster than sticking with full electric models that aren't selling yet.

LNG supply diversification — Sep 21, 2026Qatar LNG export capacity fell roughly 17% after March Ras Laffan strikes. Gastech deals hit ~$60B as buyers diversify; net global loss is only ~5 mt.

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Dana Whitfield Switching suppliers helps but won't fix high prices unless more terminals get built fast.

Anthropic IPO filing reports $42 billion loss, $518 billion spending — Oct 2, 2026Anthropic’s leaked draft IPO prospectus reportedly shows revenue surging to about $4.6 billion in 2025, alongside a $42 billion net loss—much of it tied to an accounting charge—and $518 billion in future cloud and infrastructure obligations, as the company seeks a valuation above $2 trillion. The disclosures sharpen questions about profitability and investor appetite, while Anthropic also warns that tensions with the Trump administration could damage commercial relationships and its reputation beyond its limited government business.

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CEPS, DP Poland, PGE Report 2026 EarningsBusiness — Sep 15, 2026CEPS PLC posted a strong half-year with GBP 9 million in sales and GBP 10.98 million in net income, while DP Poland saw a 12% intraday stock rise alongside a quarterly EPS of GBP 0.01 and half-year sales of GBP 30.7 million. PGE Polska Grupa Energetyczna reported solid Q2 results with PLN 15,263 million in sales and PLN 2,015 million in net income, six-month sales of PLN 32,716 million and net income of PLN 3,953 million, with DP Poland also noting an insider purchase of 315,000 shares.

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Australia plans to bar international students from bringing spouses and children — Sep 16, 2026Australia plans to bar international students from bringing spouses, partners and dependent children while studying, targeting net migration of 225,000 by 2028.

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Sam Okafor This change should help ease housing and service pressures from high student migration.

Virbac Reports 7.4% H1 Growth, Confirms 2026 Guidance — Sep 17, 2026Virbac reported H1 2026 revenue of €768 million, up 7.4% organically with an 18.8% adjusted EBIT margin and €87.1 million net profit, while net debt rose to about €196 million due to seasonal working capital. Management reaffirmed 2026 targets at the upper end of a 5.5%–7.5% revenue-growth range and around 17% adjusted recurring operating margin, supported by the scaling of its Supercharge platforms and the Thyronorm integration across global markets as part of its 2030 strategy.

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Derek Foss Reaffirming the upper end of 2026 guidance suggests the Thyronorm rollout and Supercharge platforms are on track.