31 mins. ago
On July 21, the new S&P Pantera Digital ****** et (SPPDA) Index launched, and with it, investors everywhere now have a quick reference that tells them which cryptocurrencies are probably worth paying attention to. In short, the index's inclusion criteria call for only admitting an ****** et to the index if the protocol backing it earns real revenue. Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Hyperliquid (CRYPTO: HYPE) all cleared that bar, but Bitcoin and XRP did not.
The SPPDA stands to benefit Solana, Hyperliquid, and Ethereum, not to mention a couple of other coins that it tracks. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The new index tracks the largest cryptoassets that are economically productive, as defined by their protocol revenue, weighted by their market cap.
Protocol revenue (also called chain revenue) is the fees users pay to a network to execute transactions. The index also explicitly seeks to not include those ****** ets that are speculative or uninvestable, like meme coins. Bitcoin, for its part, was excluded because its fees flow to its miners rather than holders, so it has no protocol revenue.
#index #Crypto #ethereum #hyperliquid
The SPPDA stands to benefit Solana, Hyperliquid, and Ethereum, not to mention a couple of other coins that it tracks. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The new index tracks the largest cryptoassets that are economically productive, as defined by their protocol revenue, weighted by their market cap.
Protocol revenue (also called chain revenue) is the fees users pay to a network to execute transactions. The index also explicitly seeks to not include those ****** ets that are speculative or uninvestable, like meme coins. Bitcoin, for its part, was excluded because its fees flow to its miners rather than holders, so it has no protocol revenue.
#index #Crypto #ethereum #hyperliquid
34 mins. ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management is aggressively driving portfolio turnover to reallocate capital from legacy ***** ets into high-conviction themes like residential, industrial, and net lease sectors.
The company entered the $200 billion single-family home builder finance market to capture share from retreating regional banks, targeting mid-to-high teens levered yields.
Total office exposure has been reduced from 36% to 21% of the portfolio, with a goal to reduce legacy pre-2023 and office exposure by 40% or more by year-end.
Performance remains strong across the vast majority of the portfolio, supported by a 10-quarter trend of improving real estate values and a 20-year high in CMBS issuance.
#Portfolio #exposure #total
Management is aggressively driving portfolio turnover to reallocate capital from legacy ***** ets into high-conviction themes like residential, industrial, and net lease sectors.
The company entered the $200 billion single-family home builder finance market to capture share from retreating regional banks, targeting mid-to-high teens levered yields.
Total office exposure has been reduced from 36% to 21% of the portfolio, with a goal to reduce legacy pre-2023 and office exposure by 40% or more by year-end.
Performance remains strong across the vast majority of the portfolio, supported by a 10-quarter trend of improving real estate values and a 20-year high in CMBS issuance.
#Portfolio #exposure #total
1 hr. ago
Less-than-truckload carrier Saia's shares were off 12% in midday trading on Thursday following a better-than-expected second-quarter report that was muted by management's softer third-quarter margin outlook. The company has made real estate investments totaling over $1 billion in recent years, and its new locations are still working to close the profitability gap to the rest of the network.
Saia (NASDAQ: SAIA) reeled in its full-year margin outlook on a Thursday call with ***** ysts. It now expects to hit the lower end of a guidance range calling for 100 to 200 basis points of year-over-year improvement.
"Our strong second quarter results highlight the continued enhancement of our expanded service offering, disciplined execution and the commitment of our team members," said Saia CEO Fritz Holzgrefe. "We achieved record revenue and tonnage, along with a second-quarter record in shipments, reflecting solid growth across our network."
The Johns Creek, Georgia-based company reported second-quarter earnings per share of $3.51 on Thursday before the market opened. The result was 84 cents higher y/y and 12 cents better than the consensus estimate. A lower tax rate compared to the prior-year quarter was a 2-cent tailwind. A $3 million decline in net interest expense was an 8-cent tailwind.
Revenue was 17% higher y/y at 957 million, largely in line with consensus. Both tonnage and yield increased by 8% y/y. (Yield was down 2% excluding fuel surcharges.)
#quarter #saia #better
Saia (NASDAQ: SAIA) reeled in its full-year margin outlook on a Thursday call with ***** ysts. It now expects to hit the lower end of a guidance range calling for 100 to 200 basis points of year-over-year improvement.
"Our strong second quarter results highlight the continued enhancement of our expanded service offering, disciplined execution and the commitment of our team members," said Saia CEO Fritz Holzgrefe. "We achieved record revenue and tonnage, along with a second-quarter record in shipments, reflecting solid growth across our network."
The Johns Creek, Georgia-based company reported second-quarter earnings per share of $3.51 on Thursday before the market opened. The result was 84 cents higher y/y and 12 cents better than the consensus estimate. A lower tax rate compared to the prior-year quarter was a 2-cent tailwind. A $3 million decline in net interest expense was an 8-cent tailwind.
Revenue was 17% higher y/y at 957 million, largely in line with consensus. Both tonnage and yield increased by 8% y/y. (Yield was down 2% excluding fuel surcharges.)
#quarter #saia #better
2 hours ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Shell reported adjusted second-quarter earnings of $9.84 billion, more than double last year's level and ahead of ***** yst expectations. Higher oil and gas prices, strong trading and healthy refining margins helped deliver the company's best quarterly profit since the 2022 energy shock after Russia's invasion of Ukraine.
Shell also kept buybacks at $3 billion for the next quarter. The message was simple: geopolitical chaos is bad for the world, but very good for integrated oil giants.
Shell posted adjusted earnings of $9.84 billion for the April-to-June quarter.
That beat ***** yst expectations of about $8.8 billion and was up from $4.26 billion a year earlier. It also improved sharply from $6.92 billion in the first quarter.
#shell #quarter #next #tell
Shell reported adjusted second-quarter earnings of $9.84 billion, more than double last year's level and ahead of ***** yst expectations. Higher oil and gas prices, strong trading and healthy refining margins helped deliver the company's best quarterly profit since the 2022 energy shock after Russia's invasion of Ukraine.
Shell also kept buybacks at $3 billion for the next quarter. The message was simple: geopolitical chaos is bad for the world, but very good for integrated oil giants.
Shell posted adjusted earnings of $9.84 billion for the April-to-June quarter.
That beat ***** yst expectations of about $8.8 billion and was up from $4.26 billion a year earlier. It also improved sharply from $6.92 billion in the first quarter.
#shell #quarter #next #tell
2 hours ago
October lean hog (HEV26) futures present a selling opportunity on more price weakness.
See on the daily bar chart for October lean hog futures that Wednesday's selloff put a price uptrend in serious jeopardy. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bearish line crossover signal, whereby the blue MACD line crossed below the red trigger line. Seasonality studies also are now favoring the hog market bears.
Coffee Prices Retreat as Brazilian Real Weakness Spurs Long Liquidation
Cocoa Prices Settle Mixed on Consolidation Above Recent Lows
Is Farm Land a Commodity or Family Heirloom?
#october #macd #price
See on the daily bar chart for October lean hog futures that Wednesday's selloff put a price uptrend in serious jeopardy. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has just produced a bearish line crossover signal, whereby the blue MACD line crossed below the red trigger line. Seasonality studies also are now favoring the hog market bears.
Coffee Prices Retreat as Brazilian Real Weakness Spurs Long Liquidation
Cocoa Prices Settle Mixed on Consolidation Above Recent Lows
Is Farm Land a Commodity or Family Heirloom?
#october #macd #price
2 hours ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Blackstone picked quite a week to sell Italian subs to the market, but maybe that's exactly the moment to take a breath, look around, and put some faith (and some capital) in the enduring magic of provolone and Danny DeVito.
Jersey Mike's priced its IPO at $23 a share Tuesday night, the same 24 hours the Nasdaq officially slid into correction and 3 Fed officials staged a mutiny against their own chair. Demand did not care. The deal went ten times oversubscribed, raised roughly $1 billion, and became the largest US consumer listing of the year, landing dead center of its $21-to-25 range.
That said, chatter around this deal earlier floated a valuation closer to $12 billion. It priced nearer $7.3 billion instead, a hair above the $8 billion Blackstone paid for majority control back in 2024. If you're tasting a little red wine vinegar in those numbers, you're on to something. Ten times oversubscribed, and the sandwich shop still landed below what its own private buyer thought it was worth 2 years ago. That's gotta make Steve Schwarzman feel a little stugatz about the whole deal.
JMKE shares are open to the public Thursday, but roughly 86% of the company's voting power stays exactly where it's lived since 2024: tucked inside the world's largest private equity shop.
#around #priced
Blackstone picked quite a week to sell Italian subs to the market, but maybe that's exactly the moment to take a breath, look around, and put some faith (and some capital) in the enduring magic of provolone and Danny DeVito.
Jersey Mike's priced its IPO at $23 a share Tuesday night, the same 24 hours the Nasdaq officially slid into correction and 3 Fed officials staged a mutiny against their own chair. Demand did not care. The deal went ten times oversubscribed, raised roughly $1 billion, and became the largest US consumer listing of the year, landing dead center of its $21-to-25 range.
That said, chatter around this deal earlier floated a valuation closer to $12 billion. It priced nearer $7.3 billion instead, a hair above the $8 billion Blackstone paid for majority control back in 2024. If you're tasting a little red wine vinegar in those numbers, you're on to something. Ten times oversubscribed, and the sandwich shop still landed below what its own private buyer thought it was worth 2 years ago. That's gotta make Steve Schwarzman feel a little stugatz about the whole deal.
JMKE shares are open to the public Thursday, but roughly 86% of the company's voting power stays exactly where it's lived since 2024: tucked inside the world's largest private equity shop.
#around #priced
2 hours ago
Interested in Aixtron Se? Here are five stocks we like better.
Optoelectronics drove Aixtron's Q2 momentum: Orders reached €215 million, with optoelectronics accounting for 75% as AI data centers accelerate adoption of 800G and future 1.6T optical connectivity. Management expects strong demand through late 2026 and into 2027.
Q2 revenue rose to €115 million from €59 million in Q1, while EBIT returned to a €15 million profit and free cash flow reached €114 million. Aixtron reaffirmed its 2026 revenue outlook of €560 million, plus or minus €30 million.
Recovery remains uneven: Silicon carbide, gallium nitride power electronics, and LED/Micro LED markets are still cautious, while Aixtron begins construction of a new Malaysia facility to expand manufacturing capacity.
Aixtron (ETR:AIXA) reported a sharp increase in second-quarter revenue and orders as demand for optoelectronics equipment used in AI data-center applications accelerated, while power electronics and LED markets remained in more gradual recovery phases.
#million #aixtron #power
Optoelectronics drove Aixtron's Q2 momentum: Orders reached €215 million, with optoelectronics accounting for 75% as AI data centers accelerate adoption of 800G and future 1.6T optical connectivity. Management expects strong demand through late 2026 and into 2027.
Q2 revenue rose to €115 million from €59 million in Q1, while EBIT returned to a €15 million profit and free cash flow reached €114 million. Aixtron reaffirmed its 2026 revenue outlook of €560 million, plus or minus €30 million.
Recovery remains uneven: Silicon carbide, gallium nitride power electronics, and LED/Micro LED markets are still cautious, while Aixtron begins construction of a new Malaysia facility to expand manufacturing capacity.
Aixtron (ETR:AIXA) reported a sharp increase in second-quarter revenue and orders as demand for optoelectronics equipment used in AI data-center applications accelerated, while power electronics and LED markets remained in more gradual recovery phases.
#million #aixtron #power
2 hours ago
Blackstone Inc. (NYSE:BX) just posted one of its stronger quarters in years. Profit available to shareholders jumped 26% to $1.52 a share, beating estimates that were clustered around $1.33 to $1.35. Total ******* ets under management grew 11% to $1.35 trillion, and revenue jumped 36% to $5.04 billion. Nine of the firm's ten best-performing investments right now are tied to artificial intelligence. Yet Blackstone's stock is down about 20% so far this year as of July 23, roughly in line with its peers.
Part of the answer is that not every number was strong. Base management fees, one of the metrics ******* ysts watch most closely, came in lighter than expected. The private credit business, which lends money to companies rather than owning them outright, had its second straight quarter of falling profit, down 6% to $373 million. That business also saw its flagship retail fund pull in just $1 billion from wealthy individual investors this quarter, down sharply from $1.9 billion last quarter and $3.7 billion a year ago, as some retail investors grew nervous about private credit generally and pulled money out. President Jon Gray of Blackstone said withdrawal requests have "slowed materially" so far in the current quarter, which is a positive sign, but the pullback itself was real.
This makes you wonder: Is Blackstone Inc. (NYSE: BX)'s AI-driven growth fast enough to keep the whole firm doing well even when other parts are struggling, or is the market right to be cautious?
Blackstone's AI bet goes back to 2021, when it took data center operator QTS private for $10 billion. This quarter, it struck new deals tied to Google's AI chips, Broadcom chip financing, and Anthropic compute, and sold a data center portfolio for $8 billion and a battery storage company for $7 billion. Infrastructure financing is a real fee engine now too, a record $321 million in transaction fees this quarter, nearly double last year. Gray argues Blackstone Inc. (NYSE:BX) deserves a higher valuation than it gets: almost no debt, a dividend yield near 4%, and tech-like growth at a discount to tech multiples. Data center leasing has scaled from 1 gigawatt in 2024 to 2 in 2025 to a pace of at least 7 this year, built on signed contracts with creditworthy clients rather than speculative building. The firm is also expanding abroad, joining a $16 billion Kuwait pipeline deal and planning a new Dubai office.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
#blackstone #data #private
Part of the answer is that not every number was strong. Base management fees, one of the metrics ******* ysts watch most closely, came in lighter than expected. The private credit business, which lends money to companies rather than owning them outright, had its second straight quarter of falling profit, down 6% to $373 million. That business also saw its flagship retail fund pull in just $1 billion from wealthy individual investors this quarter, down sharply from $1.9 billion last quarter and $3.7 billion a year ago, as some retail investors grew nervous about private credit generally and pulled money out. President Jon Gray of Blackstone said withdrawal requests have "slowed materially" so far in the current quarter, which is a positive sign, but the pullback itself was real.
This makes you wonder: Is Blackstone Inc. (NYSE: BX)'s AI-driven growth fast enough to keep the whole firm doing well even when other parts are struggling, or is the market right to be cautious?
Blackstone's AI bet goes back to 2021, when it took data center operator QTS private for $10 billion. This quarter, it struck new deals tied to Google's AI chips, Broadcom chip financing, and Anthropic compute, and sold a data center portfolio for $8 billion and a battery storage company for $7 billion. Infrastructure financing is a real fee engine now too, a record $321 million in transaction fees this quarter, nearly double last year. Gray argues Blackstone Inc. (NYSE:BX) deserves a higher valuation than it gets: almost no debt, a dividend yield near 4%, and tech-like growth at a discount to tech multiples. Data center leasing has scaled from 1 gigawatt in 2024 to 2 in 2025 to a pace of at least 7 this year, built on signed contracts with creditworthy clients rather than speculative building. The firm is also expanding abroad, joining a $16 billion Kuwait pipeline deal and planning a new Dubai office.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
#blackstone #data #private
2 hours ago
Smoke from nearby wildfires was seen near Château Miraval but the property appears unharmed so far
Angelina Jolie and Brad Pitt remain in a legal battle over the estate and her 2021 sale of her stake
Jolie recently pushed back against Pitt's request for her financial records claiming he mischaracterized her legal arguments
Château Miraval, the French estate at the center of a years-long court battle between Angelina Jolie and Brad Pitt, is being threatened by local wildfires.
In aerial pictures obtained by TMZ on Friday July 31, smoke from the fires can be seen near the sprawling home, which appears unharmed thus far.
#brad #pitt
Angelina Jolie and Brad Pitt remain in a legal battle over the estate and her 2021 sale of her stake
Jolie recently pushed back against Pitt's request for her financial records claiming he mischaracterized her legal arguments
Château Miraval, the French estate at the center of a years-long court battle between Angelina Jolie and Brad Pitt, is being threatened by local wildfires.
In aerial pictures obtained by TMZ on Friday July 31, smoke from the fires can be seen near the sprawling home, which appears unharmed thus far.
#brad #pitt
2 hours ago
Apple (AAPL) has raced to the top of the "Magnificent Seven" leaderboard this year, notching three straight record closes. That leaves shareholders weighing how much upside remains against the risk that earnings knock the stock off its highs.
Investors who own Apple and expect a quieter move from here can consider a covered call, which generates income up front in exchange for giving up some gains if the rally keeps running.
A covered call combines 100 shares with the sale of one call option. Because a standard option contract covers 100 shares, the investor needs at least that many shares for the call to be covered. The investor collects a premium but may have to sell the shares at the option's strike price.
Here's an example: An investor owns 100 Apple shares near $340 and then sells one Aug. 21 call with a $355 strike price.
That options contract would have recently paid about $4.35 per share, or $435 total. That $435 immediately belongs to the investor. The catch arrives if Apple keeps climbing.
#Apple #covered
Investors who own Apple and expect a quieter move from here can consider a covered call, which generates income up front in exchange for giving up some gains if the rally keeps running.
A covered call combines 100 shares with the sale of one call option. Because a standard option contract covers 100 shares, the investor needs at least that many shares for the call to be covered. The investor collects a premium but may have to sell the shares at the option's strike price.
Here's an example: An investor owns 100 Apple shares near $340 and then sells one Aug. 21 call with a $355 strike price.
That options contract would have recently paid about $4.35 per share, or $435 total. That $435 immediately belongs to the investor. The catch arrives if Apple keeps climbing.
#Apple #covered
2 hours ago
Meta Platforms Inc (NASDAQ:META) may spend more than $62 billion with CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS), then offer customers a version of the same service. Its CoreWeave agreements include an initial commitment of up to $14.2 billion and a further $21 billion deal announced on April 9. Nebius has a $12 billion capacity contract with Meta, plus a commitment for up to $15 billion of additional capacity if Nebius cannot sell it elsewhere. Adding those amounts produces $62.2 billion, although the last $15 billion is conditional.
On July 1, Reuters cited a Bloomberg report that Meta Platforms Inc (NASDAQ:META) was developing a cloud business to sell spare AI capacity. It could rent raw computing power, charge developers to use models hosted on Meta's infrastructure, or do both. Meta declined to comment, and the plans were described as subject to change. CoreWeave fell 10.8%, and Nebius dropped 12.4% after the report.
Carol Gauthier/Shutterstock.com
The existing contracts run into 2031 and 2032, so opening a Meta cloud service would not suddenly remove billions of dollars from either provider's backlog. In fact, the contracts show how far Meta remains from supplying all of its own computing needs. Pressure on CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS) would show up when Meta negotiates its next block of capacity. A Meta with surplus infrastructure could buy less from the neoclouds, demand better terms, or compete for some of their customers. Renting GPUs is also easier to commoditize than the software and managed services built around them. CoreWeave and Nebius will have to prove customers are paying for more than temporary access to scarce chips.
Investors were already arguing over that durability before Meta's reported plan surfaced. Insider Monkey's CRWV Q1 2026 database counted 63 hedge funds holding the stock as of March 31. For a company that had been public for only a year, that is meaningful long-side interest. It is also stale for this particular debate because the filing date came before both the $21 billion expansion and the July cloud report.
#meta #report
On July 1, Reuters cited a Bloomberg report that Meta Platforms Inc (NASDAQ:META) was developing a cloud business to sell spare AI capacity. It could rent raw computing power, charge developers to use models hosted on Meta's infrastructure, or do both. Meta declined to comment, and the plans were described as subject to change. CoreWeave fell 10.8%, and Nebius dropped 12.4% after the report.
Carol Gauthier/Shutterstock.com
The existing contracts run into 2031 and 2032, so opening a Meta cloud service would not suddenly remove billions of dollars from either provider's backlog. In fact, the contracts show how far Meta remains from supplying all of its own computing needs. Pressure on CoreWeave Inc. (NASDAQ:CRWV) and Nebius Group (NASDAQ:NBIS) would show up when Meta negotiates its next block of capacity. A Meta with surplus infrastructure could buy less from the neoclouds, demand better terms, or compete for some of their customers. Renting GPUs is also easier to commoditize than the software and managed services built around them. CoreWeave and Nebius will have to prove customers are paying for more than temporary access to scarce chips.
Investors were already arguing over that durability before Meta's reported plan surfaced. Insider Monkey's CRWV Q1 2026 database counted 63 hedge funds holding the stock as of March 31. For a company that had been public for only a year, that is meaningful long-side interest. It is also stale for this particular debate because the filing date came before both the $21 billion expansion and the July cloud report.
#meta #report
2 hours ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions spanning the data center core to network edge in the United States and internationally. On July 29, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $163.40 per share. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was -25.21%, and its shares gained 128.27% over the past 52 weeks. Marvell Technology, Inc. (NASDAQ:MRVL) has a market capitalization of $143.1 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor letter:
"Marvell Technology, Inc. (NASDAQ:MRVL) is a fabless semiconductor company focused on chips and optical components for data centers. The company reported a strong quarter, and management said AI-related demand remained very strong. Investors appreciated the accelerating revenue growth, margin improvement in optical products, and upcoming ramp-up of custom silicon chips."
Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 79 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the first quarter, compared to 85 in the previous quarter. In the first quarter of fiscal 2027, Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.42 billion reflecting 9% sequential and 28% year over year growth. While we acknowledge the risk and potential of Marvell Technology, Inc. (NASDAQ:MRVL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions spanning the data center core to network edge in the United States and internationally. On July 29, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $163.40 per share. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was -25.21%, and its shares gained 128.27% over the past 52 weeks. Marvell Technology, Inc. (NASDAQ:MRVL) has a market capitalization of $143.1 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor letter:
"Marvell Technology, Inc. (NASDAQ:MRVL) is a fabless semiconductor company focused on chips and optical components for data centers. The company reported a strong quarter, and management said AI-related demand remained very strong. Investors appreciated the accelerating revenue growth, margin improvement in optical products, and upcoming ramp-up of custom silicon chips."
Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 79 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the first quarter, compared to 85 in the previous quarter. In the first quarter of fiscal 2027, Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.42 billion reflecting 9% sequential and 28% year over year growth. While we acknowledge the risk and potential of Marvell Technology, Inc. (NASDAQ:MRVL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time
2 hours ago
Arm Holdings PLC (NASDAQ:ARM) beat first-quarter revenue and profit estimates and issued upbeat second-quarter guidance, sending its shares up 6.1% in early Thursday trading.
The chip design company reported revenue of $1.29 billion for the quarter, ahead of ******* yst estimates of $1.26 billion. Adjusted earnings per share came in at $0.45, topping the $0.40 estimate.
License and other revenue reached $574 million, compared with estimates of $562.5 million, while royalty revenue totaled $715 million against expectations of $700.2 million.
Adjusted gross margin held at 98.1%, in line with estimates, and adjusted operating margin came in at 41.2%.
For the second quarter, Arm guided revenue of $1.33 billion to $1.43 billion, above the $1.35 billion ******* yst estimate. The company forecast adjusted earnings per share of $0.43 to $0.51, compared with estimates of $0.45.
#revenue #quarter #analyst
The chip design company reported revenue of $1.29 billion for the quarter, ahead of ******* yst estimates of $1.26 billion. Adjusted earnings per share came in at $0.45, topping the $0.40 estimate.
License and other revenue reached $574 million, compared with estimates of $562.5 million, while royalty revenue totaled $715 million against expectations of $700.2 million.
Adjusted gross margin held at 98.1%, in line with estimates, and adjusted operating margin came in at 41.2%.
For the second quarter, Arm guided revenue of $1.33 billion to $1.43 billion, above the $1.35 billion ******* yst estimate. The company forecast adjusted earnings per share of $0.43 to $0.51, compared with estimates of $0.45.
#revenue #quarter #analyst
2 hours ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) provides **** og semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On July 29, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $228.71 per share. The one-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -21.92% and its shares gained 83.48% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $17.45 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q2 2026 investor letter:
"MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures high-performance **** og and optical components. The company is diversified across data center, industrial, and telecom markets. The AI spending wave from the hyperscalers has led to very strong growth in Macom's data center products. Investors also have appreciated the company's exposure to end markets in aerospace, defense, and **** e that are expected to have long runways for growth."
#NASDAQ #letter
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) provides **** og semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On July 29, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $228.71 per share. The one-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -21.92% and its shares gained 83.48% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $17.45 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q2 2026 investor letter:
"MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures high-performance **** og and optical components. The company is diversified across data center, industrial, and telecom markets. The AI spending wave from the hyperscalers has led to very strong growth in Macom's data center products. Investors also have appreciated the company's exposure to end markets in aerospace, defense, and **** e that are expected to have long runways for growth."
#NASDAQ #letter
3 hours ago
Following a subdued start to the year, sales of electric vehicles (EVs) jumped in the second quarter after the Middle East crisis slashed crude supply and hiked oil and fuel prices, the International Energy Agency (IEA) said in a report on Thursday.
Global sales of electric cars fell in the first quarter of 2026, largely reflecting lower sales in the United States and China, according to the agency's report 'Electric Car Markets in a Time of Uncertainty'.
However, EV sales rebounded sharply in the second quarter, rising by 35% compared with the first quarter "as the energy crisis sparked by the war in the Middle East brought fuel price volatility back into sharp focus," the IEA said.
EV sales in the second quarter reached record-high levels in 50 countries as drivers preferred electric vehicles amid soaring fuel prices.
In sizable car markets such as Brazil, India, Australia, and Vietnam, electric car sales roughly doubled between March and June compared with the same period in 2025, according to the IEA's ******* ysis in the report.
#quarter #middle #markets
Global sales of electric cars fell in the first quarter of 2026, largely reflecting lower sales in the United States and China, according to the agency's report 'Electric Car Markets in a Time of Uncertainty'.
However, EV sales rebounded sharply in the second quarter, rising by 35% compared with the first quarter "as the energy crisis sparked by the war in the Middle East brought fuel price volatility back into sharp focus," the IEA said.
EV sales in the second quarter reached record-high levels in 50 countries as drivers preferred electric vehicles amid soaring fuel prices.
In sizable car markets such as Brazil, India, Australia, and Vietnam, electric car sales roughly doubled between March and June compared with the same period in 2025, according to the IEA's ******* ysis in the report.
#quarter #middle #markets
3 hours ago
It did not take long on the C.H. Robinson second quarter earnings call with ***** ysts late Wednesday for the subject to switch away from a strong financial performance in the quarter to the fallout from its more than $600 million nuclear verdict handed down in a Texas courtroom last week.
While there might have been some speculation that CEO Dave Bozeman and other members of the management team might have cited "ongoing litigation" as a reason to not discuss the Dallas County case of Lipe vs. Lupus Superior, with C.H. Robinson also as a defendant, Bozeman addressed it in his opening remarks, and numerous questions from ***** ysts were all answered with the same reply: our behavior was proper and we're confident this verdict will not stand.
That message on Lipe vs. Lupus Superior ultimately became likely the most-discussed topic of the phone call, though Michael Castagnetto, the president of North American Surface Transportation, was able to make his core point at least twice about the company's core brokerage operations: it has now been 13 quarters where volume growth at C.H. Robinson outstripped the benchmark volume numbers published by Cass Information Systems.
Bozeman introduced his remarks on Lipe vs. Lupus Superior by referring to the "evolving legal environment regarding trucking accidents," which he described as "tragic, and every loss of life on our nation's highways is one too many."
It's a tragedy but we didn't cause it
#quarter #call #verdict
While there might have been some speculation that CEO Dave Bozeman and other members of the management team might have cited "ongoing litigation" as a reason to not discuss the Dallas County case of Lipe vs. Lupus Superior, with C.H. Robinson also as a defendant, Bozeman addressed it in his opening remarks, and numerous questions from ***** ysts were all answered with the same reply: our behavior was proper and we're confident this verdict will not stand.
That message on Lipe vs. Lupus Superior ultimately became likely the most-discussed topic of the phone call, though Michael Castagnetto, the president of North American Surface Transportation, was able to make his core point at least twice about the company's core brokerage operations: it has now been 13 quarters where volume growth at C.H. Robinson outstripped the benchmark volume numbers published by Cass Information Systems.
Bozeman introduced his remarks on Lipe vs. Lupus Superior by referring to the "evolving legal environment regarding trucking accidents," which he described as "tragic, and every loss of life on our nation's highways is one too many."
It's a tragedy but we didn't cause it
#quarter #call #verdict
3 hours ago
Intercontinental Exchange Inc. (NYSE:ICE) delivered second-quarter results that exceeded Wall Street's earnings expectations while matching revenue forecasts, supported by continued growth across each of its three operating divisions.
Investors responded positively to the report, with the company's shares rising about 1.8% in premarket trading on Thursday.
ICE reported adjusted diluted earnings of $1.90 per share for the second quarter, surpassing ***** ysts' consensus estimate of $1.88.
Quarterly revenue totaled $2.67 billion, in line with market expectations and 5% higher than the same period a year earlier.
"We are pleased to report our second quarter results, which reflect continued revenue and earnings per share growth and record open interest across our exchange complex," said Jeff Sprecher, ICE Chair and Chief Executive Officer.
#quarter #exchange #continued #across
Investors responded positively to the report, with the company's shares rising about 1.8% in premarket trading on Thursday.
ICE reported adjusted diluted earnings of $1.90 per share for the second quarter, surpassing ***** ysts' consensus estimate of $1.88.
Quarterly revenue totaled $2.67 billion, in line with market expectations and 5% higher than the same period a year earlier.
"We are pleased to report our second quarter results, which reflect continued revenue and earnings per share growth and record open interest across our exchange complex," said Jeff Sprecher, ICE Chair and Chief Executive Officer.
#quarter #exchange #continued #across
3 hours ago
Maria Shriver and Arnold Schwarzenegger had a rare family reunion in honor of Schwarzenegger's 79th birthday.
In photos posted to Instagram by their oldest daughter, Katherine Schwarzenegger, the exes smiled as they sat side by side.
Arnold and Shriver finalized their divorce in December 2021 after 25 years of marriage. They share four kids.
Arnold Schwarzenegger's 79th birthday celebration resulted in an unexpected family reunion on Thursday. In a photo shared to his oldest daughter, Katherine Schwarzenegger's Instagram account, Arnold smiled brightly as he sat side by side with his ex-wife, Maria Shriver, during a day of family fun.
"Happy Birthday, Dad ❤️ So lucky you're ours… and even luckier our kids get you as Opa," Katherine, 36, captioned the Instagram photo gallery, referring to Arnold's grandchildren: Lyla Maria Pratt, 5, Eloise Christina Pratt, 4, and Ford Fitzgerald Pratt. The first image features Arnold carrying an elementary school-age Katherine dressed as a clown for Halloween. Other father-daughter snapshots include moments from Katherine's grade school day's and screenshots from more recent video calls with her dad.
#arnold #katherine #family
In photos posted to Instagram by their oldest daughter, Katherine Schwarzenegger, the exes smiled as they sat side by side.
Arnold and Shriver finalized their divorce in December 2021 after 25 years of marriage. They share four kids.
Arnold Schwarzenegger's 79th birthday celebration resulted in an unexpected family reunion on Thursday. In a photo shared to his oldest daughter, Katherine Schwarzenegger's Instagram account, Arnold smiled brightly as he sat side by side with his ex-wife, Maria Shriver, during a day of family fun.
"Happy Birthday, Dad ❤️ So lucky you're ours… and even luckier our kids get you as Opa," Katherine, 36, captioned the Instagram photo gallery, referring to Arnold's grandchildren: Lyla Maria Pratt, 5, Eloise Christina Pratt, 4, and Ford Fitzgerald Pratt. The first image features Arnold carrying an elementary school-age Katherine dressed as a clown for Halloween. Other father-daughter snapshots include moments from Katherine's grade school day's and screenshots from more recent video calls with her dad.
#arnold #katherine #family
3 hours ago
What happened: Long-dated Treasury bond yields stayed elevated on Thursday as investors digested the Fed's decision to hold rates steady, while Wall Street pointed to signs of credibility trouble at the central bank.
The 10-year Treasury (^TNX) rose to 4.66% while the 30-year Treasury (^TYX) yield was at 5.21%, its highest level since 2007.
Read more: What soaring Treasury yields mean for your finances
What's behind the move: While the two-year bond yield shed four basis points during Fed Chairman Kevin Warsh's presser on Wednesday, the 10-year and 30-year inched higher.
The move on long-dated yields signals investors worry the Fed is falling behind the curve on inflation, prompting them to demand a higher yield premium to lock up capital long-term
#treasury #long #yield #bond
The 10-year Treasury (^TNX) rose to 4.66% while the 30-year Treasury (^TYX) yield was at 5.21%, its highest level since 2007.
Read more: What soaring Treasury yields mean for your finances
What's behind the move: While the two-year bond yield shed four basis points during Fed Chairman Kevin Warsh's presser on Wednesday, the 10-year and 30-year inched higher.
The move on long-dated yields signals investors worry the Fed is falling behind the curve on inflation, prompting them to demand a higher yield premium to lock up capital long-term
#treasury #long #yield #bond
3 hours ago
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to "what is working" in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Vulcan Value Partners highlighted CarMax, Inc. (NYSE:KMX), which it exited during the year. CarMax, Inc. (NYSE:KMX) is a used vehicle retailer headquartered in Richmond, Virginia. On July 29, 2026, CarMax, Inc. (NYSE:KMX) closed at $59.11 per share, reflecting a market capitalization of $8.39 billion. CarMax, Inc. (NYSE:KMX) posted a one-month return of 15.95%, while its shares gained 1.87% over the past 52 weeks.
Vulcan Value Partners stated the following regarding CarMax, Inc. (NYSE:KMX) in its Q2 2026 investor update:
"CarMax, Inc.'s (NYSE:KMX) stock performed well during the quarter. Fiscal 1Q 2027 (which ends in May) results were in line with management expectations and volumes continued to respond favorably to targeted investments in price. We are excited about the new CEO, Keith Barr, who was hired earlier this year. Our favorable impression of Keith dates back to his long successful tenure as CEO of InterContinental Hotels Group, another MVP company. With the stock price rising and our value stable, we took the opportunity to reallocate capital to more discounted names in the portfolio."
CarMax, Inc. (NYSE:KMX) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 51 hedge fund portfolios held CarMax, Inc. (NYSE:KMX) at the end of the first quarter, compared to 52 in the previous quarter. While we acknowledge the potential of CarMax, Inc. (NYSE:KMX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NYSE #value #partners #quarter
In its Q2 2026 investor letter, Vulcan Value Partners highlighted CarMax, Inc. (NYSE:KMX), which it exited during the year. CarMax, Inc. (NYSE:KMX) is a used vehicle retailer headquartered in Richmond, Virginia. On July 29, 2026, CarMax, Inc. (NYSE:KMX) closed at $59.11 per share, reflecting a market capitalization of $8.39 billion. CarMax, Inc. (NYSE:KMX) posted a one-month return of 15.95%, while its shares gained 1.87% over the past 52 weeks.
Vulcan Value Partners stated the following regarding CarMax, Inc. (NYSE:KMX) in its Q2 2026 investor update:
"CarMax, Inc.'s (NYSE:KMX) stock performed well during the quarter. Fiscal 1Q 2027 (which ends in May) results were in line with management expectations and volumes continued to respond favorably to targeted investments in price. We are excited about the new CEO, Keith Barr, who was hired earlier this year. Our favorable impression of Keith dates back to his long successful tenure as CEO of InterContinental Hotels Group, another MVP company. With the stock price rising and our value stable, we took the opportunity to reallocate capital to more discounted names in the portfolio."
CarMax, Inc. (NYSE:KMX) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 51 hedge fund portfolios held CarMax, Inc. (NYSE:KMX) at the end of the first quarter, compared to 52 in the previous quarter. While we acknowledge the potential of CarMax, Inc. (NYSE:KMX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#NYSE #value #partners #quarter
3 hours ago
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to "what is working" in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm's top five holdings to know its best picks in 2026.
Vulcan Value Partners' Q2 2026 investor letter highlighted ServiceNow, Inc. (NYSE:NOW), noting its inclusion in the firm's All-Cap strategy this quarter. ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides a platform for automating and managing digital workflows. On July 29, 2026, ServiceNow, Inc. (NYSE:NOW) closed at $115.76 per share, reflecting a market capitalization of $119.7 billion. ServiceNow, Inc. (NYSE:NOW) posted a one-month return of 4.56%, while its shares lost 44.33% over the past 52 weeks.
Vulcan Value Partners stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q2 2026 investor update:
"We purchased three new positions during the quarter: Veeva Systems Inc., Equifax Inc., and ServiceNow, Inc. (NYSE:NOW). We believe that ServiceNow is also one of the best businesses in the world. ServiceNow automates workflows in large and complex enterprises. Their platform sits on top of all of an enterprise's data and systems of record. This very unique and enviable position allows ServiceNow to orchestrate and automate work across departments, enterprise wide. To use an **** ogy, if a large enterprise is an airport, and its multiple software applications are planes, ServiceNow is the control tower coordinating all of these planes/applications.
The company has grown from its roots in IT and now has very large businesses in sales and service, HR, finance, supply chain, operations, and security, as well as in industry specific verticals like Financial Services, Healthcare, and Government. ServiceNow grew revenue 21%, adjusted EBIT 28%, and free cash flow per share 33% in 2025. This growth at scale puts ServiceNow in elite company. Despite the strong performance, the stock is down approximately 40% year to date and 60% since the beginning of 2025. The company has been on our MVP list for over 5 years and has compounded its value at an incredible rate over that period. It has never been materially discounted until recently…." (Click here to read the full text)
#servicenow #composite #company #returned
Vulcan Value Partners' Q2 2026 investor letter highlighted ServiceNow, Inc. (NYSE:NOW), noting its inclusion in the firm's All-Cap strategy this quarter. ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides a platform for automating and managing digital workflows. On July 29, 2026, ServiceNow, Inc. (NYSE:NOW) closed at $115.76 per share, reflecting a market capitalization of $119.7 billion. ServiceNow, Inc. (NYSE:NOW) posted a one-month return of 4.56%, while its shares lost 44.33% over the past 52 weeks.
Vulcan Value Partners stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q2 2026 investor update:
"We purchased three new positions during the quarter: Veeva Systems Inc., Equifax Inc., and ServiceNow, Inc. (NYSE:NOW). We believe that ServiceNow is also one of the best businesses in the world. ServiceNow automates workflows in large and complex enterprises. Their platform sits on top of all of an enterprise's data and systems of record. This very unique and enviable position allows ServiceNow to orchestrate and automate work across departments, enterprise wide. To use an **** ogy, if a large enterprise is an airport, and its multiple software applications are planes, ServiceNow is the control tower coordinating all of these planes/applications.
The company has grown from its roots in IT and now has very large businesses in sales and service, HR, finance, supply chain, operations, and security, as well as in industry specific verticals like Financial Services, Healthcare, and Government. ServiceNow grew revenue 21%, adjusted EBIT 28%, and free cash flow per share 33% in 2025. This growth at scale puts ServiceNow in elite company. Despite the strong performance, the stock is down approximately 40% year to date and 60% since the beginning of 2025. The company has been on our MVP list for over 5 years and has compounded its value at an incredible rate over that period. It has never been materially discounted until recently…." (Click here to read the full text)
#servicenow #composite #company #returned
3 hours ago
Bitcoin's (CRYPTO: BTC) average spot trading volume fell to roughly $2.2 billion in July, according to K33 Research. That marked the token's weakest trading volume since Nov. 2023.
That chilly sentiment wasn't surprising, since fears of interest rate hikes and other macro headwinds had chilled the broader cryptocurrency market this year. Bitcoin currently trades at about $65,000, which is well below its all-time high of more than $126,000 in Oct. 2025.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Some investors might think that sluggish trading indicates Bitcoin's best days are over. However, I'm not too concerned about the top cryptocurrency's future -- and I believe it will heat up again and set fresh highs once the macroeconomic environment stabilizes.
In Nov. 2021, Bitcoin hit $69,000 amid the buying frenzy in meme stocks, cryptocurrencies, and other speculative investments. But in 2022 and 2023, the Fed's 11 consecutive rate hikes ended that rally, chilled the crypto market, and drove investors to more conservative investments.
#volume #rate
That chilly sentiment wasn't surprising, since fears of interest rate hikes and other macro headwinds had chilled the broader cryptocurrency market this year. Bitcoin currently trades at about $65,000, which is well below its all-time high of more than $126,000 in Oct. 2025.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Some investors might think that sluggish trading indicates Bitcoin's best days are over. However, I'm not too concerned about the top cryptocurrency's future -- and I believe it will heat up again and set fresh highs once the macroeconomic environment stabilizes.
In Nov. 2021, Bitcoin hit $69,000 amid the buying frenzy in meme stocks, cryptocurrencies, and other speculative investments. But in 2022 and 2023, the Fed's 11 consecutive rate hikes ended that rally, chilled the crypto market, and drove investors to more conservative investments.
#volume #rate
3 hours ago
"Big Short" investor Michael Burry's latest X post is once again predicting doom for the AI industry.
"The market has voted and the results are clear," Burry said in his July 27 post. The post also includes two screenshots of charts showcasing Magnificent Seven companies' latest stock performances and valuation changes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time. What to do before the window closes
#latest #july
"The market has voted and the results are clear," Burry said in his July 27 post. The post also includes two screenshots of charts showcasing Magnificent Seven companies' latest stock performances and valuation changes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028 — and experts say most people won't act in time. What to do before the window closes
#latest #july
3 hours ago
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to "what is working" in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Vulcan Value Partners highlighted Veeva Systems Inc. (NYSE:VEEV), noting its inclusion in the firm's All-Cap strategy this quarter. Veeva Systems Inc. (NYSE:VEEV) is a technology company that provides a cloud-based software platform for the life sciences industry. On July 29, 2026, Veeva Systems Inc. (NYSE:VEEV) closed at $207.91 per share, reflecting a market capitalization of $33.77 billion. Veeva Systems Inc. (NYSE:VEEV) posted a one-month return of 7.87%, while its shares lost 26.84% over the past 52 weeks.
Vulcan Value Partners stated the following regarding Veeva Systems Inc. (NYSE:VEEV) in its Q2 2026 investor update:
"We purchased three new positions during the quarter: Veeva Systems Inc. (NYSE:VEEV), Equifax Inc., and ServiceNow Inc. Veeva is the dominant vertical market software system of record for the life sciences industry. Their customers rely on and trust Veeva to help them run their entire business. Everything from the development, regulatory approval, and manufacturing of drugs to the selling and marketing of drugs runs on Veeva's platform.
Veeva grew revenue and EBIT 16% and 24%, respectively in 2025 and it is off to a strong start in 2026. Despite these strong results, the stock is down close to 20% year to date through the end of June in sympathy with the rest of the application software sector.…." (Click here to read the full text)
#systems #veev #vulcan #quarter
In its Q2 2026 investor letter, Vulcan Value Partners highlighted Veeva Systems Inc. (NYSE:VEEV), noting its inclusion in the firm's All-Cap strategy this quarter. Veeva Systems Inc. (NYSE:VEEV) is a technology company that provides a cloud-based software platform for the life sciences industry. On July 29, 2026, Veeva Systems Inc. (NYSE:VEEV) closed at $207.91 per share, reflecting a market capitalization of $33.77 billion. Veeva Systems Inc. (NYSE:VEEV) posted a one-month return of 7.87%, while its shares lost 26.84% over the past 52 weeks.
Vulcan Value Partners stated the following regarding Veeva Systems Inc. (NYSE:VEEV) in its Q2 2026 investor update:
"We purchased three new positions during the quarter: Veeva Systems Inc. (NYSE:VEEV), Equifax Inc., and ServiceNow Inc. Veeva is the dominant vertical market software system of record for the life sciences industry. Their customers rely on and trust Veeva to help them run their entire business. Everything from the development, regulatory approval, and manufacturing of drugs to the selling and marketing of drugs runs on Veeva's platform.
Veeva grew revenue and EBIT 16% and 24%, respectively in 2025 and it is off to a strong start in 2026. Despite these strong results, the stock is down close to 20% year to date through the end of June in sympathy with the rest of the application software sector.…." (Click here to read the full text)
#systems #veev #vulcan #quarter
3 hours ago
Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the Focus Plus Composite (Net) returned 10.5%, and the All-Cap Composite (Net) returned 9.0%. The firm reported strong compounding across its strategies in Q2 2026. Management highlighted that their exceptional holdings remain deeply undervalued relative to "what is working" in the market, viewing this as an excellent opportunity for patient investors. In addition, please check the Firm's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Vulcan Value Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 29, 2026, SAP SE (NYSE:SAP) closed at $185.99 per share, reflecting a market capitalization of $214.67 billion. SAP SE (NYSE:SAP) posted a one-month return of 14.39%, while its shares lost 35.13% over the past 52 weeks.
Vulcan Value Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"SAP SE (NYSE:SAP) is the global leader in enterprise resource planning (ERP) software, which serves as the operating system for many of the world's largest companies. SAP's ERP solutions often have decades of embedded data, business processes, and software customizations. It is extremely rare for companies to switch ERP vendors due to the cost, time, and disruption risk that switching creates. SAP's Q1 results were very strong, with total revenue up 12% and EBIT up 16%. Cloud revenue grew 27% and their cloud backlog grew 25%. They also repurchased €2.6B of stock in the quarter and maintained full-year guidance. Our value continues to grow and we believe its shares remain significantly discounted. We took advantage of stock price volatility to add to our position in SAP during the quarter."
SAP SE (NYSE:SAP) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held SAP SE (NYSE:SAP) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of SAP SE (NYSE:SAP) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#letter
In its Q2 2026 investor letter, Vulcan Value Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 29, 2026, SAP SE (NYSE:SAP) closed at $185.99 per share, reflecting a market capitalization of $214.67 billion. SAP SE (NYSE:SAP) posted a one-month return of 14.39%, while its shares lost 35.13% over the past 52 weeks.
Vulcan Value Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"SAP SE (NYSE:SAP) is the global leader in enterprise resource planning (ERP) software, which serves as the operating system for many of the world's largest companies. SAP's ERP solutions often have decades of embedded data, business processes, and software customizations. It is extremely rare for companies to switch ERP vendors due to the cost, time, and disruption risk that switching creates. SAP's Q1 results were very strong, with total revenue up 12% and EBIT up 16%. Cloud revenue grew 27% and their cloud backlog grew 25%. They also repurchased €2.6B of stock in the quarter and maintained full-year guidance. Our value continues to grow and we believe its shares remain significantly discounted. We took advantage of stock price volatility to add to our position in SAP during the quarter."
SAP SE (NYSE:SAP) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held SAP SE (NYSE:SAP) at the end of the first quarter, compared to 36 in the previous quarter. While we acknowledge the potential of SAP SE (NYSE:SAP) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#letter
3 hours ago
Kimberly Guilfoyle's latest diplomatic stop is drawing attention for what she wore, not what she said.
The 57-year-old U.S. ambassador to Greece visited the Ormylia Monastery in Halkidiki on Thursday, July 30, according to a report from Greek City Times.
For the visit, she wore a fitted turquoise knee-length dress with a plunging neckline and pointed-toe stilettos. In a photo taken with a group of monks and nuns, who were covered from head to toe except for their faces and hands, Guilfoyle's outfit stood in stark contrast to the monastery's modest dress standards, making her appear notably underdressed.
Instagram/Kimberly Guilfoyle
"I was deeply moved to visit the Ormylia Foundation and Monastery this week," Guilfoyle said, per the outlet. "I met with their dedicated volunteers, including Abbot Elisaios, Dr. Doumas, Brother Charlie, and the remarkable Reverend Mother Nikodimi and her sisters. Their work healing bodies through the Medical Center's life-saving screenings and nurturing souls through faith is a beautiful example of compassion in action. I am grateful for the partnership between the United States and this extraordinary community."
#monastery
The 57-year-old U.S. ambassador to Greece visited the Ormylia Monastery in Halkidiki on Thursday, July 30, according to a report from Greek City Times.
For the visit, she wore a fitted turquoise knee-length dress with a plunging neckline and pointed-toe stilettos. In a photo taken with a group of monks and nuns, who were covered from head to toe except for their faces and hands, Guilfoyle's outfit stood in stark contrast to the monastery's modest dress standards, making her appear notably underdressed.
Instagram/Kimberly Guilfoyle
"I was deeply moved to visit the Ormylia Foundation and Monastery this week," Guilfoyle said, per the outlet. "I met with their dedicated volunteers, including Abbot Elisaios, Dr. Doumas, Brother Charlie, and the remarkable Reverend Mother Nikodimi and her sisters. Their work healing bodies through the Medical Center's life-saving screenings and nurturing souls through faith is a beautiful example of compassion in action. I am grateful for the partnership between the United States and this extraordinary community."
#monastery
3 hours ago
US economic growth slowed in the second quarter, underperforming economists' expectations and adding another wrinkle to the Federal Reserve's path forward, even as consumer spending remained strong.
GDP rose at an annual rate of 1.5%, the Commerce Department said Thursday, below economists' estimates of 2% annual growth. The second quarter figures also showed a marked slowdown from the first quarter, when GDP grew 2.1% year over year.
The GDP price index — which measures prices across the entire basket of US goods and services — rose 6.2% year over year, far overshooting estimates of 4% growth and the previous quarter's 3.6% increase.
On a "core" basis, which excludes volatile food and energy costs, the GDP price index rose by a more restrained 3.4% year over year, against estimates of 3.5% and the previous month's markedly hotter 4.4% increase.
The data presents a complicated picture for the Federal Reserve, which on Wednesday voted to hold rates steady. If prices keep inching up while growth slows, worries may spread about the potential for "stagflation," which is when growth stagnates but prices go up anyway. The question for the Fed is how long energy price pressure driven by the war in Iran will continue to keep inflation elevated and hamper the economy.
#quarter #rose #price #federal
GDP rose at an annual rate of 1.5%, the Commerce Department said Thursday, below economists' estimates of 2% annual growth. The second quarter figures also showed a marked slowdown from the first quarter, when GDP grew 2.1% year over year.
The GDP price index — which measures prices across the entire basket of US goods and services — rose 6.2% year over year, far overshooting estimates of 4% growth and the previous quarter's 3.6% increase.
On a "core" basis, which excludes volatile food and energy costs, the GDP price index rose by a more restrained 3.4% year over year, against estimates of 3.5% and the previous month's markedly hotter 4.4% increase.
The data presents a complicated picture for the Federal Reserve, which on Wednesday voted to hold rates steady. If prices keep inching up while growth slows, worries may spread about the potential for "stagflation," which is when growth stagnates but prices go up anyway. The question for the Fed is how long energy price pressure driven by the war in Iran will continue to keep inflation elevated and hamper the economy.
#quarter #rose #price #federal
4 hours ago
The disrespect for the reigning Super Bowl LX champions Seattle Seahawks continues to grow. At this point, the growth is a daily feature. I'm talking specifically about the disrespect leveled at the Seahawks by the popular Madden video game franchise.
In the latest edition of the game, Madden 27, the team at EA Sports have been releasing their top 10 rankings for various positions, units and even teams. Seattle's elite defense was mightily disrespected earlier in the week, as Madden 27 had them as only the 10th best unit in the game. Out of the position rankings (defensive tackle, edge, linebacker, cornerback and safety) only one Seahawk - Devon Witherspoon - cracked the top 10 in any of those lists. Players like Leonard Williams, Byron Murphy II, Ernest Jones IV, Julian Love and Nick Emmanwori were nowhere to be seen.
Now, the disrespect continues to an equally insulting degree. On Friday, Madden 27 released their top 10 rankings for teams overall. Yes, Seattle did make the cut... but only barely. According to Madden 27, the Seahawks are only the 10th best team in the game. As for those ahead of them, well, just take a look for yourselves.
The Seahawks obliterated the 49ers in the Divisional Round, outlasted the Rams in the NFCCG (one missed field goal from going 3-0 against them last year) and humiliated the Patriots in Super Bowl LX.
Madden had put Seattle below all three. https://t.co/iQqX3umMZ3
Aside from the three teams I have listed in the tweet above (all with good reasons I laid out, of course) the other two insulting placements come in the form of the Detroit Lions and the Baltimore Ravens. The No. 3 and No. 4 ranked teams, really? Detroit finished 9-8 last season and weren't particularly good at anything, at least when compared to the Seahawks of course. As for the Ravens, they were 8-9 and missed the playoffs like the Lions did as well. I know Baltimore had injuries they dealt with, but they always have injuries! Not to mention they will be rolling with a first year head coach in 2026.
#Seattle #teams #rankings #super
In the latest edition of the game, Madden 27, the team at EA Sports have been releasing their top 10 rankings for various positions, units and even teams. Seattle's elite defense was mightily disrespected earlier in the week, as Madden 27 had them as only the 10th best unit in the game. Out of the position rankings (defensive tackle, edge, linebacker, cornerback and safety) only one Seahawk - Devon Witherspoon - cracked the top 10 in any of those lists. Players like Leonard Williams, Byron Murphy II, Ernest Jones IV, Julian Love and Nick Emmanwori were nowhere to be seen.
Now, the disrespect continues to an equally insulting degree. On Friday, Madden 27 released their top 10 rankings for teams overall. Yes, Seattle did make the cut... but only barely. According to Madden 27, the Seahawks are only the 10th best team in the game. As for those ahead of them, well, just take a look for yourselves.
The Seahawks obliterated the 49ers in the Divisional Round, outlasted the Rams in the NFCCG (one missed field goal from going 3-0 against them last year) and humiliated the Patriots in Super Bowl LX.
Madden had put Seattle below all three. https://t.co/iQqX3umMZ3
Aside from the three teams I have listed in the tweet above (all with good reasons I laid out, of course) the other two insulting placements come in the form of the Detroit Lions and the Baltimore Ravens. The No. 3 and No. 4 ranked teams, really? Detroit finished 9-8 last season and weren't particularly good at anything, at least when compared to the Seahawks of course. As for the Ravens, they were 8-9 and missed the playoffs like the Lions did as well. I know Baltimore had injuries they dealt with, but they always have injuries! Not to mention they will be rolling with a first year head coach in 2026.
#Seattle #teams #rankings #super
