Opengear Unveils Integrated Support Platform to Empower Always-On Infrastructure
New integrated support model offers embedded protection, SLA-backed tiers, and simplified ownership — previewing at Cisco Live 2025
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SAN DIEGO — Opengear, a Digi International company (NASDAQ: DGII, www.digi.com) and provider of secure and Smart Out of Band™ management solutions, today announced a major transformation in how organizations buy, deploy, and maintain their network infrastructure.
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We're delivering peace of mind through smarter coverage, flexible service options, and a consistent, long-term ownership experience.
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Beginning this month, every new Opengear appliance will ship with five years of built-in hardware coverage and inclusive SLA-backed support. This shift turns support into a strategic asset, enabling IT leaders to plan more confidently, reduce risk, and simplify the path to network resilience.
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'This marks a meaningful evolution in the way we support our customers,' said Patrick Quirk, President and General Manager, Opengear. 'We're delivering peace of mind through smarter coverage, flexible service options, and a consistent, long-term ownership experience. This is a foundational shift to help our customers scale resiliently and predictably.'
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Built-In Support, Tailored for Modern IT
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With today's infrastructure under constant pressure to deliver uptime, Opengear's support model takes the guesswork out of ownership and scales with operational needs.
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See It First at Cisco Live 2025
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Opengear will showcase its integrated support platform at Cisco Live 2025, June 8-12 in San Diego. Attendees are invited to:
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About Opengear
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Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Worst Day, and Every Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative Lighthouse central management software and a wide range of appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in Utah, with an R&D center in Brisbane, Australia. For more information, visit www.opengear.com/.
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Globe and Mail
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AI Needs a Lot of Power. Here Are 3 Top Ways to Cash In on the AI Power Boom.
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The company recently inked a deal to provide Alphabet subsidiary Google with up to 3 gigawatts (GW) of carbon-free hydroelectricity in the coming years to power its operations, including AI needs. This is the largest ever deal for hydropower, highlighting rising demand among tech giants for reliable clean energy. It enabled Brookfield to secure a long-term buyer for the bulk of its U.S. hydropower at an attractive rate. Before that, Brookfield signed the largest single corporate power purchase agreement with Microsoft. At 10.5 GW, it was eight times larger than the prior record, highlighting Brookfield's industry leadership and its commitment to delivering the transformational renewable energy needed for the future of AI and cloud computing. Brookfield will deliver this power by building significant new renewable capacity between 2026 and 2030, specifically to power cutting-edge digital growth. 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Globe and Mail
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Tech Rout Deepens as Fed Minutes Spark Selloff Across Markets
Tech shares led a renewed market retreat after minutes from the Federal Reserve reinforced inflation concerns, extending a weeklong slide that has erased billions in equity value. Nvidia (NVDA) plunged 5% across two sessions, while Palantir (PLTR) dropped 20% over six trading days. The Nasdaq 100 (QQQ) slid 1%, and the S&P 500 (SPY) notched its fourth consecutive decline, reflecting mounting investor unease that megacap-driven gains may be at risk if rate policy stays restrictive for longer. Market strategists expressed caution, with Miller Tabak's Matt Maley warning that continued downside could quickly rattle investors. Howard Marks of Oaktree Capital suggested U.S. stocks remain 'in the early days' of a bubble, though he stopped short of predicting an imminent correction. Meanwhile, Treasuries saw modest gains, with 10-year yields dipping to 4.29%, and Nationwide's Mark Hackett noted fatigue after a 30% rally since April. The selloff highlighted waning leadership from large-cap growth names, with rotation risk now threatening broader benchmarks. Market Overview: Nasdaq 100 fell 1% and S&P 500 declined for a fourth day Nvidia down 5% in two days; Palantir off 20% in six sessions 10-year Treasury yields eased to 4.29% amid inflation concerns Key Points: Fed minutes emphasized inflation remains primary concern Strategists warn of potential rotation-driven market downturn Oaktree's Howard Marks sees early stages of a bubble forming Looking Ahead: Investors await Jerome Powell's Jackson Hole speech on Friday PMI data Thursday seen as key to market sentiment shifts JPMorgan urges clients to 'buy-the-dip' amid heightened volatility Bull Case: The recent pullback in tech and broader equities creates an opportunity for disciplined investors to 'buy the dip,' as suggested by JPMorgan, especially if robust earnings and global central bank easing ultimately stabilize market sentiment. Rotation out of stretched megacap growth names could create healthier market breadth, as sidelined cash reallocates into undervalued sectors (e.g., value, cyclicals, discount retail), potentially driving a more balanced rally as macro uncertainties recede. 10-year Treasury yield declines and stable bond markets offer relief to duration-sensitive sectors, providing a backstop against sharp equity drawdowns if inflation data moderates and Fed rhetoric softens in upcoming speeches (notably at Jackson Hole). Corporate headlines—such as TJX raising profit guidance and Lowe's strategic acquisition—demonstrate resilience and adaptability among consumer and industrial leaders as they navigate shifting demand and tariff headwinds. Market fatigue and heightened volatility may reset technical levels and investor expectations, allowing for new leadership to emerge as macro data clarify the true state of inflation and growth into fall. For portfolio strategy: Review tech weighting and selectively rotate toward fundamentals-driven winners within the sector while also considering differentiated exposure in industrials, retail, and financials poised for Q3/Q4 recovery. Bear Case: Fed minutes highlighting persistent inflation concerns signal that rate cuts may be further off than markets hoped, threatening to prolong equity weakness—especially in rate-sensitive tech and growth segments already showing leadership fatigue. Significant drawdowns in marquee names (Nvidia -5%, Palantir -20%) and the Nasdaq 100's one-day drop point to outsized risk in crowded growth trades, with strategists like Howard Marks warning of early-stage bubble dynamics and limited downside protection if macro or earnings disappoint. 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Corporate highlights painted a mixed picture: Microsoft tightened cybersecurity data sharing with China, Target named Michael Fiddelke as its new CEO, and TJX raised its profit outlook as shoppers leaned toward discount retailers. Estée Lauder issued weak guidance tied to tariff costs, while Lowe's announced an $8.8 billion acquisition of Foundation Building Materials. These moves underscore how sector-specific dynamics are evolving alongside broader macro pressures, with retail, tech, and consumer goods each navigating headwinds from tariffs, spending trends, and regulatory scrutiny. The balance of investor optimism and caution rests on near-term catalysts. Powell's Jackson Hole remarks, fresh PMI readings, and inflation data will determine whether the current selloff proves to be a temporary setback or a deeper correction. While some strategists argue stretched valuations leave little margin for error, others maintain that robust earnings and easing central bank policy globally continue to provide a floor for equities.
Globe and Mail
35 minutes ago
- Globe and Mail
Citadel's Rubner Says Retail Momentum Is Structural, Not Cyclical
Citadel Securities strategist Scott Rubner sees retail traders pulling back from their heavy pace of stock buying in September, before resuming activity later in the year. Individual investors have been net buyers of equities in 16 of the past 18 weeks and net buyers of equity options for 16 consecutive weeks, according to Citadel data. Rubner called the trend 'structural, not cyclical,' suggesting the momentum reflects deeper consumer engagement with markets rather than a short-term fad. Historically, retail flows slow during late summer, with September marking the weakest month of participation since 2017, Citadel data shows. Rubner argued that this year will follow a similar pattern, with buying intensity easing after robust June and July inflows. Still, he expects demand to return by year-end, echoing a pattern where persistent dip-buying has repeatedly supported market recoveries. The phenomenon has drawn increasing attention from Wall Street, given retail investors' growing influence on indices like the S&P 500. Market Overview: Retail traders net buyers of stocks in 16 of past 18 weeks Options activity hit 98th percentile, 34% above 12-month average September historically marks retail's weakest participation month Key Points: Citadel's Rubner says buying surge is structural, not cyclical Retail dip-buying lifted S&P 500 from April swoon to records Top investor favorites include Tesla, Nvidia, and UnitedHealth Looking Ahead: Participation likely to wane through September before rebounding Wall Street watching retail flows for market direction signals Recent IPOs like CoreWeave, Circle, and Bullish attract retail demand Bull Case: Citadel's finding that retail flows are 'structural, not cyclical' points to a durable, secular rise in individual investor participation—meaning retail demand can act as an ongoing stabilizer, repeatedly cushioning pullbacks and contributing to upward momentum when institutional appetites fade. Persistent net buying of stocks and equity options, even through softer sentiment data and historically slower periods, suggests that today's retail investors are more engaged, informed, and liquidity-providing than previous generations, offering a counterweight to volatility during corrections. The consistent pattern of retail dip-buying—lifting markets out of recent swoons and repeatedly supporting S&P 500 recoveries—gives bulls confidence that setbacks will be met with fresh inflows as seasonal slowdowns reverse heading into year-end. Diversification of retail interest to both blue-chip favorites (Tesla, Nvidia, UnitedHealth) and newly public equities (CoreWeave, Circle, Bullish) broadens market participation and can drive deeper, more liquid trading even among newer listings and smaller caps. For portfolio construction: Proactive engagement with this influential cohort—through educational content, targeted research, or robust digital trading tools—can help asset managers, brokers, and fintechs capture expanding retail flows and adapt to evolving liquidity dynamics. Bear Case: While retail flows have supported markets recently, seasonal data show that September reliably brings a steep drop in participation—the weakest since 2017—raising the risk of shallow liquidity, sharper swings, or more pronounced drawdowns if institutional conviction falters at the same time. Extreme options activity (at the 98th percentile and 34% above trend) may point to crowded, momentum-driven trades that could unwind quickly if sentiment shifts, leaving retail traders exposed to rapid reversals and higher volatility. Structural engagement does not immunize markets from crowded positioning: if top retail favorites (like Tesla and Nvidia) face negative headlines, retail unwinds could exacerbate selling pressure, especially for recently IPOed names where liquidity is thinner. The rise in retail participation—while generally positive for democratized markets—complicates traditional liquidity and volatility models, making it harder for banks, hedge funds, and policy makers to predict correction depth, institutional buybacks, or the pace of recovery during sharp moves. Action for risk managers and trading desks: Closely monitor retail positioning through broker data, options flows, and social sentiment—apply scenario analysis to hedge liquidity gaps, and prepare playbooks for rapid unwinds if 'buy-the-dip' behavior weakens or if macro shocks emerge as retail flows ebb in the fall. Retail enthusiasm remains evident despite softer consumer sentiment data, with 71 million options contracts trading in a single day last week. Interactive Brokers data showed Tesla (TSLA), Nvidia (NVDA), and UnitedHealth (UNH) among the most purchased names, while retail traders also piled into newly public companies such as CoreWeave and Circle. Analysts note that retail positioning has become a key component of market resilience, cushioning pullbacks and complicating efforts to assess the depth of institutional influence. Even as the market braces for seasonal slowdowns, the persistence of individual investor flows highlights a structural shift in trading behavior. Rubner's thesis suggests retail demand could remain a durable pillar of equity markets, challenging traditional assumptions about volatility and liquidity. For banks, hedge funds, and policymakers alike, tracking this cohort's participation is becoming as critical as monitoring institutional flows.
