BlokchainB

Stacker_Stocks

Nvidia First to Hit $5 TRILLION Market Cap

Cje95

Who knew making chips would be so revolutionary 

5 Things to Know Before the Stock Market Opens

Kayzone

UPS usually a good indicator of a looming recession but so far earnings coming in good 

>UPS reported third quarter revenue of $21.4 billion, ahead of the $20.9 billion that analysts tracked by Visible Alpha were expecting, while its adjusted earnings per share of $1.74 came in above expectations of $1.31

bitcoin

Further explorations at the frontier of Bitcoin Treasury Companies

Scoresby

Construction_and_Engineering

***USD/BTC = $112,725***
***Block 921,260***
`TL:DR`

![](https://m.stacker.news/114334)

Granite Construction Inc. on Tuesday `said it has started construction on an almost $138 million bridge rehabilitation project'  for the Chicago Department of Transportation (CDOT).

The CDOT awarded the contract for a revamp of Chicago's Lake Street Bascule Bridge to Granite in March 2025, according to city contract documents.

‘The existing 109-year-old double-deck, double-leaf, trunnion moveable bridge is considered a city landmark and carries vehicles and pedestrians, as well as Chicago Transit Authority (CTA) bus and train lines, across the Chicago River. ` As part of the project, Granite said, the completed bridge will look the same as the current bridge, preserving its historic aesthetic.

As part of Granite's scope of work, according to CDOT documents, the contractor will:

* Construct new bridge leaves (moveable sections of the bridge) off site;

* Replace the upper and lower level framing systems, including floor beams, stringers, tracks, sidewalks, deck and railing;

* Replace truss members between certain floor beams;

* Repair truss members in the heel portion between certain floor beams;

* Rehab substructure, including replacement of the rear break and finger-joint roadway center break with a standard center break;

* Install new CTA tracks, ties, walkways and other equipment on the bridge's upper level;

* Repair counterweight pits, river piers, fender system and dolphins (protective structures);
 
* Fabricate and erect the truss river arm;
 
* Rehab the bridge houses, including replacement of pedestrian railing and lighting with historically accurate and code-compliant elements;

* Replace electrical equipment, including a new submarine cable, new inverters, controllers, motors, limit switches and rectifiers, new navigation lighting and roadway and pedestrian gates; and

* Replace or rehab mechanical components, including the center lock, heel lock, motor and machinery brakes, motors and barrier gates.

During construction, Granite said, at least one bridge leaf must remain operable as per federal regulations and the United States Coast Guard.

As part of the project, according to city contract documents, the participation goals `are that 26% of the contract value go to minority business enterprises, 6% go to women's business enterprises and 1% go to veteran-owned businesses.’

`Construction is expected to be complete in late 2027.`

"This collaboration with CDOT to rehabilitate one of Chicago's century-old, iconic movable bridges underscores Granite's strategic commitment to the Chicago market," said Granite Vice President of Regional Operations, Michael Punches.

"By leveraging our specialized expertise in movable bridge rehabilitation, we continue to deliver lasting value to the City's infrastructure," Punches said.

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## My Thoughts 💭 

Iconic bridge project! Hopefully they hit there target completion date. The city of Chicago should be thrilled this much needed rehabilitation work is taking place!

Granite starts work on 1,224 BTC historic Chicago bridge project

![](https://m.stacker.news/114326)

>AUSTIN, TEXAS — General contractor Swinerton is nearing completion of a 45,384-square-foot mass timber office project in East Austin. Designed by local architecture firm Dick Clark & Associates, the four-story building will include retail showroom and restaurant space. Lindgren Development owns the building, which is preleased to tenants including Beck-Reit Commercial Real Estate, Legacy Lighting and Art + Artisans, as well as Swinerton. All of these groups are also partners on the project. Delivery is slated for February. Construction began about a year ago.
 
I am really enjoying the look of it these timber designs 

Swinerton Nears Completion of 45,384 SF Mass Timber Office Project in E. Austin

Stacker_Sports

World Series Game 4- Discussion Thread

grayruby

I was thinking of watching this Ohtani guy

Meta is expected to spend a bigger share of its revenue on capex than ever before

Earnings season is in full swing and this week is one of the biggest, with five of the Magnificent 7 — Amazon, Apple, Alphabet, Microsoft, and Meta — reporting over the next two days. 

One area investors will be laser-focused on is AI, particularly regarding the amount of capital expenditure, or capex, each will be laying out on property and equipment like massive data centers for the rest of the year and beyond. 

Meta, which reports after the bell tomorrow, has been pouring billions into data centers to power its AI ambitions — and traders, for now, are going along.

Analysts surveyed by FactSet expect Meta’s third-quarter revenue to jump 22% year over year to $49.5 billion. Meanwhile, its spending on property and equipment is projected to surge 123% to $18.4 billion, surpassing its anticipated net income of $17.1 billion.

That would push Meta’s capital expenditure to roughly 37% of revenue, up from about 20% a year earlier — its highest capex-to-sales ratio on record, as we’ve charted. 

The spending spree shows no sign of slowing: Wall Street predicts capex will approach $97 billion in 2026, while Meta has outlined plans to invest $600 billion in US data centers and infrastructure through 2028.

CEO Mark Zuckerberg recently told the “Access” podcast that “misspending a couple of hundred billion dollars,” while “very unfortunate,” would still be worth it to achieve superintelligence. “The risk, at least for a company like Meta, is probably in not being aggressive enough rather than being somewhat too aggressive,” he said.

The Takeaway

While investors will press Meta on how and when these AI investments will pay off, JPMorgan analysts who cover Amazon and Meta are optimistic on both hyperscalers’ upcoming results. They recommend traders position for strength — but not too much strength — from both stocks as investors react to the quarterly figures.
