Carney’s big electricity pitch

Canada’s emissions future is uncertain ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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The world needs to electrify to run on clean energy. In Canada, Prime Minister Mark Carney unveiled a major policy to deliver on that solution. Today’s newsletter looks at Carney’s plan to double the nation’s electricity output, and how that might complicate the country’s emssions goals, at least in the short term. Plus, the climate risk for many London office buildings and the world’s biggest state-backed green fund faces more trouble. Subscribe to Bloomberg for unlimited access to all our stories. Going electric By Brian Platt and Nojoud Al Mallees Prime Minister Mark Carney published a strategy that aims to double Canada’s electricity generation by 2050, including adjusting its clean electricity rules to give more flexibility on power generation using natural gas. The total cost of expanding Canada’s power grid is expected to top C$1 trillion ($729 billion), the strategy says, but that cost will be spread across the federal and provincial governments as well as private sector players. Canadian Prime Minister Mark Carney Bloomberg Carney announced the strategy a day before his government is expected to unveil an industrial carbon pricing agreement with Alberta meant to pave the way for a new oil pipeline to the west coast, along with a major carbon capture project in the province’s oil sands. The electricity strategy is short on concrete actions to meet its targets, but it says the government will now begin consultations with provinces, territories, Indigenous groups, utilities and unions on the path forward. “Doubling our grid will not be easy. The scale is huge, the timeline short, and the task of getting the right mix of power complex,” he said at a news conference in Ottawa on Thursday. “Get it wrong, and Canadians will pay higher utility bills. Be too timid, and Canadians will end up short of power — losing good jobs and growing reliant on foreign suppliers.” Read more Big investment C$1 trillion The total estimated cost of expanding Canada’s power grid. Knock-on effect “We’ll update our climate plans and our emission reduction targets in due course.” Mark Carney Canadian Prime Minister The plan would loosen clean electricity rules, but Carney said this did not necessarily mean the government would change its green targets. Stranded offices By Olivia Rudgard Large swathes of London’s office property risk becoming stranded assets as landlords run out of time to embark on major upgrades needed to meet new energy efficiency standards. That’s according to Robert Irving Burns, a property consultant, which says its analysis of government data shows that 78% of offices in Westminster and 71% in the City of London “will fail” to meet Minimum Energy Efficiency Standards (MEES) expected to take effect in the early 2030s. The London skyline. Photographer: Julian Finney/Getty Images via Getty Images Europe “Not only will achieving compliance require enormous capital expenditure across the board, but current market capacity — with labor shortages and financing constraints — will make achieving the early 2030s deadline virtually impossible,” Antony Antoniou, chief executive of RIB, said in a statement on Tuesday. The UK government has said that building owners in the country will need to meet tougher standards for energy efficiency in order to be able to lease commercial properties. That will likely mean having an Energy Performance Certificate (EPC) rating no lower than “B” by the early 2030s. Landlords will struggle in the new regulatory environment given the “huge scope” of the challenges ahead, RIB said. In all, more than 12,000 offices across central London currently require “significant” upgrades to comply with the new regulations, it estimates. In Westminster alone, more than three-quarters of offices “risk obsolescence,” RIB warned. Read more Funding pullback By Antony Sguazzin The world’s largest state-backed climate fund will lose half its funding from the UK, a major setback following the cancellation of a $4 billion pledge from the US last year. A spokesperson for the Green Climate Fund, set up by the United Nations, said that UK officials gave notification of impending cuts to the amount the country plans to contribute for the 2024 to 2027 period. It will lower the total to 815 million pounds ($1.1 billion) from an initial pledge of 1.6 billion pounds. The Financial Times reported the funding cut earlier. The change has been affected by “substantial reductions in UK development assistance spending,” said the GCF, which is based in Incheon, South Korea. “We are assessing what this decision means for the projects under preparation,” it said, as well as future initiatives. Read more This week’s Zero Zero Electricity Will Power a Globally Stable Era This week on Zero, Akshat Rathi talks wars raging and supply chains blocked with Gerald Butts, chairman of the political risk consultancy Eurasia Group and former chief of staff to Prime Minister Justin Trudeau. In an era of political chaos, they discuss how investors and companies are responding to the energy shock. Listen now, and subscribe on Apple, Spotify or YouTube to get new episodes of Zero every Thursday. More from Green Pollution From Coal Is Hurting Global Solar Output, Study Finds The phenomenon could be causing an overestimation of climate progress. Clean Energy Seen as ‘Immune’ to Hormuz-Style Shocks The war in Iran has provided new impetus to the low-carbon transition, according to a group of corporate bosses and senior bankers. AI Buildout Drives 76% Power Bill Jump on Largest US Grid It adds to pressure on PJM Interconnection to alleviate the strain on consumers. Trump EPA Proposes Voiding Wastewater Limits for Coal Plants This is the administration’s latest effort to boost the nation’s shrinking coal sector. More from Bloomberg Business of Food for a weekly look at how the world feeds itself in a changing economy and climate, from farming to supply chains to consumer trends Energy Daily for a daily guide to the energy and commodities markets that power the global economy Tech In Depth for analysis and scoops about the business of technology Explore all Bloomberg newsletters. We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Green Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |

(Nasdaq: CETX) Hits Our Watchlist After Approx. 150% Move Last Time

Any content you receive is for information purposes only. Always conduct your own research.  *Sponsored Cemtrex, Inc. (Nasdaq: CETX) Just Hit Paul Prescott’s Watchlist This Morning—Friday, May 15, 2026. Last Time We Highlighted (CETX) It Made An Approx. 150% Move In Less Than A Week Don’t Miss The Next Breakout—Get Real-Time Alerts Sent Directly To Your Phone. Up To 10X Faster Than Email. Full Coverage On (CETX) is Starting Right Now Get (CETX) On Your Radar While It’s Still Early May 15, 2026 (Nasdaq: CETX) Hits Our Watchlist After Approx. 150% Move Last Time Dear Reader, Street Ideas is putting a renewed spotlight on a company that appears to be gaining traction across several areas of the industrial and defense-related technology sectors. The story centers around Cemtrex, Inc. (Nasdaq: CETX). Recent developments suggest the company may be transitioning into a more important operating phase — one where execution, contract activity, and business performance are beginning to catch our eye. That picture sharpened after the company disclosed that its subsidiary had been selected as an apparently successful offeror tied to a Phase I initiative connected with the U.S. Navy. Combined with the company’s growing aerospace engineering exposure and broader industrial technology presence, Street Ideas believes (CETX) has become increasingly difficult to overlook this morning—Friday, May 15, 2026. It’s also important to realize that (CETX) has less than 11M shares listed as available to the public. When companies have small floats like this, the potential exists for big moves if demand begins to shift. And the last time Street Ideas highlighted (CETX), it made an approximate 152% move in less than a week, from around $.69 on April 1 to $1.74 on April 7, according to data available from Barchart. And if this early move is any indication of what may be starting to build, the bigger story may still be ahead. Because behind the recent attention is a company that is no longer defined by just one line of business, but by a broader platform taking shape across several fast-moving sectors. A Diversified Technology & Services Platform Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company that drives value through three distinct operating segments: Industrial Services, Security, and its newly established Aerospace & Defense division. Through its Advanced Industrial Services (AIS) subsidiary, the company provides mission-critical plant maintenance and infrastructure installation for large-scale manufacturing facilities. Its Security segment, led by the Vicon Industries brand, delivers advanced AI-driven video surveillance and access control solutions to a global client base. The company recently reached a strategic milestone by completing the acquisitions of Invocon, Inc. and Richland Industries, significantly broadening its geographic and technical reach. Invocon provides the foundation for the company’s Aerospace & Defense segment, offering mission-critical engineering for missile defense modernization and space exploration. Meanwhile, the acquisition of Richland Industries extends the company’s industrial services platform into the Southeastern United States, providing access to a robust new market for infrastructure projects. See the company’s latest corporate presentation here. The Industrial Engine: Record-Breaking Performance At the heart of the current Cemtrex growth narrative is the exceptional performance of its Industrial Services arm. In the most recent fiscal period, this segment generated $10.6M in revenue, marking a 28% increase compared to the prior year. This surge is reflective of a broader trend in the U.S. manufacturing sector, where companies are investing heavily in plant modernization, equipment rigging, and large-scale mechanical installations to meet domestic production goals. The acquisition of Richland Industries was a strategic masterstroke in this regard. By establishing a footprint in the Southeast, Cemtrex has gained immediate access to some of the most active industrial corridors in the country. Management estimates that Richland alone will contribute between $8M and $10M in annual revenue, with the added benefit of expanding the company’s service capabilities to include specialized fabrication and site-specific engineering that were previously outsourced. Aerospace & Defense: A New High-Margin Frontier While industrial services provide the volume, the newly formed Aerospace & Defense segment is expected to provide the margin. The acquisition of Invocon, Inc. brings a specialized team of engineers with decades of experience working on government-funded defense programs. This segment focuses on high-complexity electronic systems, including wireless sensor networks for space vehicles and data acquisition tools for advanced missile testing. In a newly announced defense-related development, Cemtrex said its subsidiary Invocon was selected as an apparently successful offeror for a Phase I SBIR contract with the U.S. Navy’s Naval Sea Systems Command under a naval mine warfare topic. The selection points to Invocon’s growing role in advanced defense electronics and power systems engineering and adds another government-linked milestone to the company’s recently formed Aerospace & Defense segment. Invocon, which Cemtrex acquired in January 2026, is based in Conroe, Texas and specializes in electronics, energetics, power systems, and precision instrumentation for defense and commercial launch customers. The strategic value of this division goes beyond immediate revenue; it provides Cemtrex with a higher "technical floor". Engineering-heavy services typically command significantly higher gross margins than traditional hardware sales or general industrial labor. Furthermore, government contracts often provide multi-year visibility and a level of insulation from the cyclical nature of commercial markets. Management anticipates that the integration of Invocon will add approximately $6M to $7M to the top line in its first full year of operations. Operational Momentum and Financial Transformation Cemtrex entered 2026 with strong top-line momentum, reporting fiscal first-quarter revenue of $16.1M, representing 17% year-over-year growth. To support this rapid expansion, the company significantly improved its financial flexibility through multiple equity raises and debt settlements, ending the first fiscal quarter with $20.5M in ca-sh, a 312% increase year-over-year. This liquidity position is a critical differentiator for a micro-cap firm, providing the "dry powder" necessary to complete the integration of its recent acquisitions without relying on expensive debt. Management has initiated a comprehensive "restoration" phase to address recent margin compression in the Security segment. This includes annualized cost reductions of $2.5M to $3.0M through the streamlining of administrative functions and the optimization of the Vicon Industries supply chain. By realigning the cost structure of its security business, Cemtrex intends to convert more of its growing top-line revenue into bottom-line operating income. Security Rebirth: Vicon’s AI Evolution The Security segment, anchored by the Vicon brand, is undergoing its own technological evolution. No longer just a camera manufacturer, Vicon is pivoting toward software-as-a-service (SaaS) and AI-driven analytics. The company’s latest video management software includes features like facial recognition, license plate reading, and behavior analytics, which are increasingly in demand for school safety and critical infrastructure protection. By shifting the product mix toward software and recurring service contracts, Cemtrex is working to improve the "quality" of its security revenue. Software sales carry high margins and create long-term customer relationships that are difficult for competitors to displace. The ongoing cost-cutting measures are designed to ensure this segment becomes a self-sustaining ca-sh generator that can fund the higher-growth initiatives in Aerospace and Industrial Services. Recent Developments [New Industrial Contract]: On March 12, 2026, Cemtrex announced that its AIS subsidiary was awarded a new $1.2M industrial installation contract, further strengthening its record-setting industrial backlog. [Strategic Expansion]: The acquisition of Richland Industries was finalized in early February, providing immediate entry into the Southeastern U.S. industrial market. [Aerospace Entrance]: The completion of the Invocon acquisition in January marked the official launch of the company’s Aerospace & Defense segment. [Infrastructure Wins]: In January 2026, the company’s AIS subsidiary secured a $3.9M mechanical contract for a major infrastructure project in Berks County, Pennsylvania. [Capital Optimization]: Throughout the first fiscal quarter, the company completed several registered direct offerings totaling approximately $10M to fund its acquisition pipeline. Market Dynamics and Valuation Profile The company’s focus for the remainder of fiscal 2026 is centered on expanding operating income and strengthening ca-sh flow generation. By positioning its Security segment as a disciplined earnings driver and leveraging the high-margin engineering services of its new Aerospace division, Cemtrex is building a diversified platform designed to deliver long-term value despite broader economic headwinds. 7 Reasons Why (CETX) is Topping Our Watchlist This Morning —Friday, May 15, 2026… 1. Limited Float: With fewer than 11M shares listed as publicly available, (CETX)’s small float could lead to the potential for big moves if demand begins to shift. 2. Recent Momentum: Last time we highlighted (CETX) it made an approximate 152% move, from around $.69 on April 1 to $1.74 on April 7. 3. Three Segments: Across Industrial Services, Security, and Aerospace & Defense, (CETX) is tied to multiple operating lines rather than relying on a single business unit. 4. Industrial Growth: In the most recent fiscal period, (CETX) reported $10.6M in Industrial Services revenue, up 28% from the prior year. 5. Stronger Balance Sheet: Entering 2026, (CETX) reported $20.5M in ca-sh, representing a 312% year-over-year increase. 6. Defense Expansion: With the Invocon acquisition expected to add about $6M to $7M in its first full year, (CETX) is expanding further into aerospace and defense engineering. 7. Navy Validation: Through subsidiary Invocon, (CETX) said it was selected as an apparently successful offeror for a Phase I SBIR contract with the U.S. Navy’s Naval Sea Systems Command. Get (CETX) On Your Radar While It’s Still Early With exposure across Industrial Services, Security, and Aerospace & Defense, (CETX) is tied to multiple operating segments rather than relying on a single line of business alone. The company also reported Industrial Services revenue growth of 28% year over year in its most recent fiscal period, while entering 2026 with $20.5M in ca-sh — representing a 312% increase from the prior year. At the same time, the recent Invocon acquisition is expected to contribute approximately $6M to $7M annually, expanding (CETX) further into aerospace and defense engineering. Another development that caught my eye: through subsidiary Invocon, the company announced it had been selected as an apparently successful offeror for a Phase I SBIR contract tied to the U.S. Navy’s Naval Sea Systems Command. It’s also important to remember that (CETX) has fewer than 11M shares listed as publicly available. When companies have small floats like this, the potential exists for big moves. The last time Street Ideas highlighted (CETX), it made an approximate 152% move in less than one week. We have all eyes on (CETX) this morning—Friday, May 15, 2026. Take a look at (CETX) while it’s still early. Also, keep a look out for my next update — it could be here very shortly. Sincerely, Paul Prescott Co-Founder & Managing Editor Street Ideas Newsletter   Street-Ideas.com (“Street-Ideas” or “SI” ) is owned by 147 Media LLC, a single member limited liability company. Data is provided from third-party sources and SI is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile SI brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in-vest-ment advice, are not in-vest-ment advisors, and any profiles we mention are not suitable for all in-vest-ors. Pursuant to an agreement between 147 Media LLC and TD Media LLC, 147 Media LLC has been hired for a period beginning on 05/15/2026 and ending on 05/15/2026 to publicly disseminate information about (CETX:US) via digital communications. Under this agreement, TD Media LLC has paid 147 Media LLC seven thousand five hundred USD (“Funds”). To date, including under the previously described agreement, 147 Media LLC has been paid twenty one thousand two hundred fifty USD (“Funds”). These Funds were part of the seven thousand five hundred USD funds that TD Media LLC received from a third party named Interactive Offers LLC who did receive the Funds directly or indirectly from the Issuer and does not own stock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither 147 Media LLC, TD Media LLC and their member own shares of (CETX:US). Please see important disclosure information here: https://street-ideas.com/disclosure/cetx-r13ff/#details

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Bezos’ admission that SpaceX is too far ahead

This is the first time Jeff Bezos does this in 25 years… and it proves how SpaceX is completely in a league of its own.

Bezos’ Admission that SpaceX is too Far Ahead By Ian Wyatt May 15, 2026 Jeff Bezos has spent $28B funding Blue Origin for 25-years. But that hasn’t been enough to beat SpaceX. That’s why he’s now seeking outside investors for the 1st time in the company’s history. Go here to discover how I’m getting into SpaceX before the IPO. Bezos founded Blue Origin in 2000. He’s been funding it personally through every stage… From the early test flights to the New Shepard tourism program to the development of the New Glenn rocket. But that’s about to change. Blue Origin CEO Dave Limp just told employees this week that external fundraising will be necessary if the company wants to scale up launches and compete for contracts. It's the first time in Blue Origin's history that the company has even considered outside capital. And the reason is the costs of competing with SpaceX are simply too big. Even for Bezos. This year alone, Blue Origin is on pace to spend $4.8 billion. That's roughly 15% of the total $28 billion Bezos has put into the company in 25 years. Meanwhile, Musk’s company continues to widen the gap with Blue Origin. It has 140 to 145 launches planned this year while Blue Origin has 8 to 12. Its Falcon 9 rocket has been operational for over 15 years and it handles roughly 85% of all U.S. launches. Blue Origin's New Glenn had its first successful orbital flight in 2025. While SpaceX scales the most powerful rocket ever built (Starship V3)… Blue Origin is still working to ramp up its first operational rocket. And then there’s the massive lead Starlink has over Amazon LEO. Frankly, SpaceX is in a league of its own. They’ve built a business that’s almost impossible to compete with. It’s the reason why I’m getting into SpaceX right now, weeks before the public listing. Here's how you can claim your stake in SpaceX before the IPO. Ian Wyatt Visit www.wyattresearch.com Unsubscribe from these types of emails   Manage your email preferences   Our website - www.WyattResearch.com   Make sure we can reach your inbox     © Wyatt Investment Research LLC. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by clicking here.   You are subscribed with the following email address: reunisoft.cryptonews@blogger.com   We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call 866-447-8625.   Wyatt Investment Research LLC 65 Railroad Street,   Richmond, Vermont USA 05477