Latest news with #Array
Yahoo
4 hours ago
- Entertainment
- Yahoo
Ava DuVernay's Array Sets Live Streaming Event With 9 Commissioned Artists On 5th Anniversary Of Its Law Enforcement Accountability Project
Ava DuVernay's Peabody-winning Array is celebrating the five-year anniversary of its Law Enforcement Accountability Project (LEAP) with a live, virtual gathering of all nine commissioned LEAP artists. The free event will stream exclusively at today, Friday, June 6 at 12 PM PST. LEAP was launched in 2020 as a response to the murder of George Floyd by Minneapolis police officer Derek Chauvin, a moment that catalyzed a global movement demanding justice and transparency in law enforcement. Rather than respond with a film or documentary, DuVernay activated a collective of artists across multiple disciplines to tell the truth about the police abuse of Black people through storytelling and creativity. More from Deadline "There Is No Future In Forgetting": Watch Great Americans Medal Recipient Ava DuVernay's Smithsonian Speech 'Matrix' Co-Creator & Hundreds Of Hollywood A-Listers Want To Stop AI Obliterating Copyright Laws; Lilly Wachowski, Paul McCartney, Ava DuVernay, Cate Blanchett, Alfonso Cuarón + More Write White House Ava DuVernay Wants To Make A TV Series About Tom Bradley Funded by more than 1,200 individual donors, LEAP has supported nine original works across a range of mediums including photography, dance, poetry, music, culinary art, book design, and more. For the first time, all LEAP artists will come together in a virtual artist forum to reflect on their creative process, their work and the continuing need for art as a force for justice. Moderated by Mercedes Cooper, LEAP curator and Array's EVP of Public Programming, the event will reflect on the legacy of LEAP's work over the past five years, and the ongoing importance of uplifting activist voices through artistic expression. 'LEAP was built on the belief that art can be a powerful tool to hold specific officers accountable,' said DuVernay. 'In marking this milestone, we honor the artists who dared to tell the truth, and the communities that empowered them to do so.' Participating LEAP Artists: Steve Irby | Photography | 41 to '99 Reggie Black | Hand Type Art | 248 Black Lives Taken Francesca Harper | Dance Choreography | The Reckoning Jocelyn Jackson | Culinary Art | Fixed Price Menu W.J. Lofton | Poetry | Would You Kill God Too? Delita Martin | Mixed Media Mural | Blue Is the Color We See Before We Die Polymode | Book Design | The Fiction of Protection Julian Stephen | Audio Drama | The Aura Ra-Re Valverde | Original Song | Safe Where? Best of Deadline 2025 TV Series Renewals: Photo Gallery 2025 TV Cancellations: Photo Gallery 'Stick' Soundtrack: All The Songs You'll Hear In The Apple TV+ Golf Series
Yahoo
2 days ago
- Business
- Yahoo
‘It's Summertime': Goldman Sachs Says Market Looks Resilient — Suggests 2 Stocks to Buy
Summer may still be a few weeks away on the calendar, but the unofficial start to the season has already arrived, bringing with it a surge in consumer confidence. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The Consumer Confidence index showed a sharp spike in May, jumping more than 12 points to a reading of 98.0. That marks a strong turnaround from April, when the index fell to its lowest level in nearly 14 years. Confidence was up after April economic data showed slowing inflation along with improvements in the jobs market. That brings us to a recent note from Goldman Sachs, in which the market intelligence team gives an upbeat outlook on the current situation, pointing out that the US economy 'remains resilient.' Goldman's stock analysts are running with this thesis, and recommending two stocks to buy for the summertime. We've looked them up in the TipRanks database, and found that the Street's wisdom also gives both stocks a 'Buy' rating; let's take a closer look and find out why. Array Technologies (ARRY) We'll start with Array Technologies, a solar energy industry tech firm. Array's specialty is developing solar tracking technology, particularly at the utility scale. Solar tracking systems allow photovoltaic arrays to follow the sun's path across the sky, an important movement for maintaining maximum efficiency while generating energy. The various systems – which include both hardware and software – are key links in the solar energy chain, and make a vital contribution to keeping sustainable energy cost-effective. Array has 30 years of experience behind it, and today boasts offices and markets in the US, Brazil, the UK, Spain, South Africa, and Australia. The company's products include its flagship DuraTrack, which is designed for large, multi-row photovoltaic power arrays, as well as the STI H250 dual-row system for solar sites with fragmented installations, and the company's newest tracking solution, OmniTrack, which adapts the DuraTrack technology to unlevel terrain, giving utility-scale energy producers greater flexibility in choosing locations for new solar arrays. Array also offers products for effective sky tracking, to maximize efficiency, and hail protection, to guard against inclement or extreme weather conditions. Array announced last month the introduction of its Hail XP system, designed to provide industry-leading hail and wind event protection in conjunction with the DuraTrack platform. In the first quarter of this year, Array brought in revenues of $302.4 million, representing an impressive 97% year-over-year growth and beating the forecast by $38 million. At the bottom line, the company's non-GAAP EPS, at 13 cents, was 4 cents per share better than expected. Array finished the quarter with a sound workload – the total executed contracts and awarded orders came to $2 billion as of March 31. For Goldman analyst Brian Lee, the key point here is Array's sound business model and potential for continued success, even should input prices climb. Lee writes, 'We continue to believe that ARRY could see both upside to revenue, margins, and EPS this year as we see several tailwinds emerging through the remainder of the year. On the top line, increases in steel prices could drive incremental upside to the top line as these higher inputs costs are typically passed along 1 for 1 to customers which would result in flat margins but upside to gross profit dollars… We anticipate ARRY's new products, along with the 100% domestic content orders to all be accretive to margins and believe there could be additional upside to margins heading into the back half of the year.' Lee puts a Buy rating on ARRY shares, and his $11 price target implies a robust one-year upside potential of 67%. (To watch Lee's track record, click here) The 17 recent analyst reviews on this stock include 6 Buys and 11 Holds, for a Moderate Buy consensus rating. The stock is currently trading for $6.58, and its $7.63 average target price suggests that it will gain 16% on the one-year horizon. (See ARRY stock forecast) Sotera Health (SHC) Next on today's list of Goldman picks is Sotera Health, a company that works in the healthcare industry, providing mission-critical services such as end-to-end sterilization solutions and lab testing. Sotera operates three distinct business segments—Sterigenics, Nordion, and Nelson Labs—which provide direct services to more than 5,000 customers across 50 countries. Backing its services, Sotera operates 50 sterilization facilities and 12 laboratory and advisory locations, and can provide more than 900 advanced lab tests. The company employs approximately 3,000 people and boasts that its customers include 9 of the top 10 pharmaceutical firms. Sotera's services are used in several important fields, aside from the pharmaceutical industry. Medical device companies turn to Sotera for testing services, and the food industry uses the company's services in quality control to prevent food- or beverage-borne pathogens from reaching consumers. The company's most recent testing advance was announced by Nelson Labs, the Sotera business focused on microbiological and analytical chemistry testing. In March of this year, Nelson Labs announced product-sterility testing through rapid microbiological methods (RMMs), with the new tests performed at locations in the US and Europe. The new approach provides a versatile solution in the field of rapid sterility testing. When it comes to financial results, Sotera showed modest gains in the 1Q25 report, the last set of results to be released. The company's quarterly revenue of $255 million was up 2.8% year-over-year, while the 14-cent non-GAAP EPS was up by a penny. Goldman analyst Matthew Sykes sees this company in a sound position, explaining why the rewards outweigh the risks here, Sykes states, 'SHC represents a defensive growth option within our universe without a meaningful impact from tariffs and no Academic & Government exposure. Additionally, the inherent pricing power in their business could see an acceleration given the expected inflationary environment due to the macro backdrop potentially adding to the top line growth rate as the year progresses. We believe SHC is an attractive way to gain exposure to the continued growth in the Medtech product innovation cycle. While potential litigation remains a risk, we believe the uncertainty has reduced following the recent IL settlement (Sterigenics entered into a $30.9 million settlement to resolve 97 additional ethylene oxide claims related to its former facility in Willowbrook, Illinois), and we expect this risk to lessen over time as they work through the process.' The analyst gives Sotera shares a Buy rating, which is complemented by a $17 price target that suggests a 12-month upside potential of 39.5%. (To watch Sykes' track record, click here) These shares have earned a Moderate Buy consensus rating from the Street, based on 3 recent reviews that break down 2 to 1 in favor of Buy over Hold. The stock is selling for $12.19, and its $15 average price target indicates room for a gain of 23% over the next year. (See SHC stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue
Yahoo
27-05-2025
- Business
- Yahoo
Quansight Transitions to a Public Benefit Corporation (PBC), Reinforcing Commitment to Sustainable Open-Source Software
The new structure ensures long-term support for critical open-source projects while aligning profit with purpose. AUSTIN, Texas, May 27, 2025--(BUSINESS WIRE)--Quansight, a leader in open-source scientific computing and data science, today announced its formal transition from a Limited Liability Company (LLC) to a Public Benefit Corporation (PBC). This legal and structural shift reinforces Quansight's mission to make open-source software (OSS) accessible, sustainable, and community-driven, ensuring that the tools and infrastructure powering global innovation are robust, secure, and accessible. Building on the foundations established at Quansight's not-for-profit Labs division, Quansight PBC will deepen collaboration with companies, governments, and all organizations to sustain OSS infrastructure and tools, particularly in scientific computing and data science. "Transitioning to a Public Benefit Corporation is a natural evolution of our mission at Quansight. For years, we've worked to bridge the gap between open-source communities and the organizations that rely on them. This new structure formalizes our commitment to aligning business success with the long-term sustainability of open-source infrastructure. It ensures that our decisions prioritize the health of the ecosystem, the well-being of maintainers, and the needs of the broader community." Ralf Gommers, Quansight PBC CEO, Technology, SciPy/NumPy Maintainer, Array API Standard Creator A New Chapter: Profit with Purpose By becoming a PBC, we have codified our mission into our charter: "To work with companies, governments, and organizations of all kinds to support making open source software and infrastructure accessible, sustainable, and community-driven to advance discovery and innovation." As such, our corporate decisions must align with that mission and balance the interests of our primary stakeholders: community members, customers, employees, and shareholders. As a PBC, Quansight commits to: Prioritizing public benefit alongside financial returns, as highlighted in its charter. Scaling support for OSS maintainers, projects, and communities. Collaborating with industry leaders to ensure corporate reliance on OSS translates into sustainable backing. Continue championing our core values of collaboration, equity, transparency, and inclusiveness. "By becoming a Public Benefit Corporation, we're reinforcing our commitment to equitable, inclusive, and community-driven innovation and open source development. It will also allow us to scale our impact and work with more organizations towards building a sustainable open source ecosystem where maintainers thrive, open infrastructure is robust and secure, and open source is a collective responsibility." Tania Allard, Quansight PBC CEO, Impact, PSF board vice chair, Jupyter Distinguished Contributor, conda and conda-forge steering council member. Why This Matters Open-source software is the backbone of modern discovery—from AI to healthcare—yet its maintenance is often underfunded and undervalued, with critical projects relying on volunteer efforts. Quansight PBC addresses this by: Monetizing expertise through mission-aligned consulting and training services. Advocating for ethical corporate sponsorship and participation in OSS by actively engaging and collaborating with corporate organizations. Sustaining open source projects and communities, and securing grants to fund OSS. Creating opportunities for new contributors through its OSS internship program. Supporting underserved community OSS projects through an Open Source Fund. "Quansight was founded with the goal of connecting open source communities and organizations that rely on them. We have long stood for both business and community success, believing that open source software should be nurtured and elevated as a public good. Becoming a Public Benefit Corporation embeds that belief into our legal DNA. It empowers Quansight PBC to lead with purpose, to collaborate across industry and academia, and to ensure that open source remains sustainable for the long haul. This transition isn't a change in direction—it's a deeper commitment to and expansion of the values we've held from day one." Travis Oliphant, Quansight, OpenTeams and Anaconda Founder, NumPy, SciPy, and Numba Creator. About Quansight PBC Quansight is a Public Benefit Corporation dedicated to sustaining open-source software for scientific and societal advancement. It supports projects like NumPy, pandas, and Jupyter through consulting, training, and community-driven development, ensuring they remain accessible and community-driven. Visit to learn more and explore our initiatives in the Quansight Labs Annual Report (2024). View source version on Contacts Rich MyersRMyers@ Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Nextracker, Array, Sunrun, and First Solar Stocks Trade Down, What You Need To Know
A number of stocks fell in the morning session after a GOP bill was passed to end some of the tax benefits granted to clean energy companies during the Biden administration. The "tax and spending bill", which narrowly passed the House of Representatives, targeted major elements of the Inflation Reduction Act, aiming to significantly reduce or eliminate tax credits for wind, solar, and electric vehicles years earlier than planned. The immediate concern is the potential for reduced financial incentives that have spurred investment and growth in the renewable energy sector. The prospect of an accelerated phase-out of these crucial tax credits was likely affecting investor confidence, leading to a sell-off in solar companies. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Renewable Energy company Nextracker (NASDAQ:NXT) fell 5.6%. Is now the time to buy Nextracker? Access our full analysis report here, it's free. Renewable Energy company Array (NASDAQ:ARRY) fell 8.6%. Is now the time to buy Array? Access our full analysis report here, it's free. Renewable Energy company Sunrun (NASDAQ:RUN) fell 39.2%. Is now the time to buy Sunrun? Access our full analysis report here, it's free. Renewable Energy company First Solar (NASDAQ:FSLR) fell 5.2%. Is now the time to buy First Solar? Access our full analysis report here, it's free. Sunrun's shares are extremely volatile and have had 76 moves greater than 5% over the last year. But moves this big are rare even for Sunrun and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 7 months ago when the stock dropped 29.3% on the news that renewable energy stocks declined as Republican party candidate Donald Trump was declared the winner of the 2024 US presidential election. For clean or renewable energy stocks, President-elect Trump is considered a headwind to their businesses. Specifically, his administration could lead to an overhaul of recent industry progress, including a repeal of President Biden's Inflation Reduction Act. The IRA, as it's known, offers long-term tax credits for solar, wind, geothermal, and other renewable energy projects, often extending them for a decade. These tax credits offer stability and predictability, enabling companies to make long-term investment plans. For example, solar and wind energy developers benefit from a 30% investment tax credit (ITC), which can increase further if certain labor and domestic content standards are met. Sunrun is down 36.4% since the beginning of the year, and at $6.50 per share, it is trading 69.8% below its 52-week high of $21.50 from August 2024. Investors who bought $1,000 worth of Sunrun's shares 5 years ago would now be looking at an investment worth $409.72. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Sign in to access your portfolio
NBC News
22-05-2025
- Business
- NBC News
Solar stocks plunge as Republican tax bill worse than feared for clean energy
Solar stocks plunged Thursday after House Republicans passed a tax bill that terminates key clean energy credits. Residential solar installer Sunrun plummeted more than 35%. The legislation ends tax credits for installers like Sunrun that lease equipment to customers. The GOP bill is a 'worse than feared' scenario for clean energy, as it takes a 'sledgehammer' to the Inflation Reduction Act, Jefferies analysts led by Julien Dumoulin-Smith told clients in a note. Some 70% of the rooftop solar industry now uses lease arrangements, making the bill disastrous for companies like Sunrun, Guggenheim analyst Joseph Osha told clients. Enphase and SolarEdge sank about 16% and 24%, respectively, as sales of their inverters would take a hit from lower demand for rooftop solar. The bill also ends the investment and electricity production credits for clean energy facilities that begin construction 60 days after the legislation is enacted or enter service after Dec. 31, 2028. Those credits have played a key role in the rapid expansion of utility-scale solar projects in the U.S. Solar stocks exposed to the utility sector tumbled, with Array falling more than 13% and Nextracker down more than 6%. Array and Nextracker make devices that allow solar panels to track the position of the sun. First Solar, however, fell just over 3% as the bill left the manufacturing tax credit relatively unscathed. First Solar is the biggest producer of solar panels in the U.S. with a large domestic manufacturing footprint. 'Manufacturing subsidies do not appear to have been touched — good news for FSLR,' Osha said. While the bill is bad for solar, Jefferies expects the Senate to make changes to the legislation.
