1 hr. ago
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Ryder System is seeing more opportunities surface for its dedicated transportation solutions segment as capacity continues to exit the market, executives shared during the company's Q2 earnings call held July 23.
Operating revenue for the segment fell 3% year over year in Q2, but Ryder expects its fleet count to turn positive in Q4 or early 2027 as sales activity strengthens.
"Our pipelines are at record levels for us right now," CEO John Diez said during the call. "We've seen a number of opportunities come back where customers have been running their transportation with for-hire carriers, and they're looking for dedicated capacity and coming back to us."
Ryder's dedicated transportation solutions business — which provides customers with dedicated fleets, drivers and transportation services under longer-term contracts — is seeing demand improve although the recovery has yet to translate into fleet growth.
#dedicated #Transportation
Ryder System is seeing more opportunities surface for its dedicated transportation solutions segment as capacity continues to exit the market, executives shared during the company's Q2 earnings call held July 23.
Operating revenue for the segment fell 3% year over year in Q2, but Ryder expects its fleet count to turn positive in Q4 or early 2027 as sales activity strengthens.
"Our pipelines are at record levels for us right now," CEO John Diez said during the call. "We've seen a number of opportunities come back where customers have been running their transportation with for-hire carriers, and they're looking for dedicated capacity and coming back to us."
Ryder's dedicated transportation solutions business — which provides customers with dedicated fleets, drivers and transportation services under longer-term contracts — is seeing demand improve although the recovery has yet to translate into fleet growth.
#dedicated #Transportation
2 hours ago
MercadoLibre (NASDAQ: MELI) stock has fallen by 31% from its previous peak as Wall Street focuses on near-term margin pressure and intensifying competition. Yet the business continues to expand rapidly in Latin America's e-commerce market, potentially setting the stage for market-beating returns in the next five years.
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
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 »
Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
#Competition #continues #mercadolibre #Stock
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
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 »
Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
#Competition #continues #mercadolibre #Stock
2 hours ago
The Boston Red Sox should be better after trading for infielder Curtis Mead.
It's going to take more than that if they want to contend for the American League, though…
Mead was certainly worth the price they paid in order to obtain his services, as his presence not only ensures there will be some added pop to the lineup but puts others in a position to succeed. If you're not convinced that he was worth giving up on starting pitcher Connelly Early, perhaps heed the words of chief baseball officer Craig Breslow on Sunday.
"I've tried to shift our goal… not to win the trade but to make our major league team better."
Mead makes them better, but not as good as they'll need to be to contend — which is why it is imperative that they continue both adding around the margins and taking swings at moves that can make them better both now and in the future.
#mead #american
It's going to take more than that if they want to contend for the American League, though…
Mead was certainly worth the price they paid in order to obtain his services, as his presence not only ensures there will be some added pop to the lineup but puts others in a position to succeed. If you're not convinced that he was worth giving up on starting pitcher Connelly Early, perhaps heed the words of chief baseball officer Craig Breslow on Sunday.
"I've tried to shift our goal… not to win the trade but to make our major league team better."
Mead makes them better, but not as good as they'll need to be to contend — which is why it is imperative that they continue both adding around the margins and taking swings at moves that can make them better both now and in the future.
#mead #american
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.
Delivered 10% organic constant currency revenue growth, marking the tenth consecutive quarter of high single-digit growth or better.
U.S. Financial Services outperformance was driven by share gains and innovation rather than underlying market volumes, growing at a 9% CAGR excluding mortgage.
Strategic diversification has resulted in over one-third of Financial Services revenue coming from alternative data and non-credit solutions like Trusted Call.
Platform modernization reached a milestone with 60% of U.S. match activity and 30% of online customers now migrated to the OneTru platform.
#cagr
Delivered 10% organic constant currency revenue growth, marking the tenth consecutive quarter of high single-digit growth or better.
U.S. Financial Services outperformance was driven by share gains and innovation rather than underlying market volumes, growing at a 9% CAGR excluding mortgage.
Strategic diversification has resulted in over one-third of Financial Services revenue coming from alternative data and non-credit solutions like Trusted Call.
Platform modernization reached a milestone with 60% of U.S. match activity and 30% of online customers now migrated to the OneTru platform.
#cagr
3 hours ago
CMA CGM posted impressive Q2 earnings as it navigated volatile supply chain conditions to substantial increases in container volumes and profit.
The closely-held provider of diversified logistics services based in Marseille today said maritime volumes rose 6% to 6.3 million container units from 5.97 million in 2025. Revenue spiked 22% to $9.96 billion from $8.17 billion, while earnings before interest, taxes, depreciation and amortization (EBITDA) were up 42.4%, to $2.26 billion from $1.59 billion. EBITDA margin improved from 19.4% to 22.7%
"Against a backdrop of continued geopolitical instability, the Group delivered solid results in the second quarter of 2026, driven by the performance of our shipping activities, the growth of our terminals and air cargo businesses, and the complementary strengths of our logistics operations," said Rodolphe Saade, chairman and chief executive, whose family controls CMA CGM. "This performance reflects our strategy of expanding in key markets and investing in strategic **** ets. They once again demonstrate the strength of our model, our agility and our resilience, all in support of delivering reliable, high-quality service to our customers."
The company said that the second quarter of 2026 was "a particularly volatile market environment for the shipping and logistics industry, marked by the multiplication of geopolitical conflicts, particularly in the Middle East, and a high level of macroeconomic uncertainty."
Overall revenue grew 19.2% to $15.69 billion from $13.17 billion as EBITDA improved 31% to $2.99 billion from $2.28 billion and EBITDA margin was up 1.7 points to 19% from 17.3%. Net income was better at $770 million from $520 million.
#ebitda #volumes #Margin
The closely-held provider of diversified logistics services based in Marseille today said maritime volumes rose 6% to 6.3 million container units from 5.97 million in 2025. Revenue spiked 22% to $9.96 billion from $8.17 billion, while earnings before interest, taxes, depreciation and amortization (EBITDA) were up 42.4%, to $2.26 billion from $1.59 billion. EBITDA margin improved from 19.4% to 22.7%
"Against a backdrop of continued geopolitical instability, the Group delivered solid results in the second quarter of 2026, driven by the performance of our shipping activities, the growth of our terminals and air cargo businesses, and the complementary strengths of our logistics operations," said Rodolphe Saade, chairman and chief executive, whose family controls CMA CGM. "This performance reflects our strategy of expanding in key markets and investing in strategic **** ets. They once again demonstrate the strength of our model, our agility and our resilience, all in support of delivering reliable, high-quality service to our customers."
The company said that the second quarter of 2026 was "a particularly volatile market environment for the shipping and logistics industry, marked by the multiplication of geopolitical conflicts, particularly in the Middle East, and a high level of macroeconomic uncertainty."
Overall revenue grew 19.2% to $15.69 billion from $13.17 billion as EBITDA improved 31% to $2.99 billion from $2.28 billion and EBITDA margin was up 1.7 points to 19% from 17.3%. Net income was better at $770 million from $520 million.
#ebitda #volumes #Margin
3 hours ago
A decline in public consumption of alcoholic drinks since the end of the Covid-19 pandemic has been a major factor in declining revenue in the beer, wine, and spirits sectors leading certain companies to file for bankruptcy protection.
128-year-old beer, wine, and spirits distributor Republic National Distributing Company was a major company affected as it filed for Chapter 11 bankruptcy protection, seeking going concern sales of its remaining ****** ets, a wind down of operations, completion of transition services agreements, and approval of its equity holder settlement.
National Distributing Company Inc. is not a part of the Chapter 11 filing, the company said in a statement on its website.
A company spokesperson was not immediately available for comment.
Republic National Distributing Company filed its petition as its business's financial position deteriorated after the Covid-19 pandemic subsided in late 2022 and demand for off-premises alcohol consumption plummeted.
#company #chapter #consumption #major
128-year-old beer, wine, and spirits distributor Republic National Distributing Company was a major company affected as it filed for Chapter 11 bankruptcy protection, seeking going concern sales of its remaining ****** ets, a wind down of operations, completion of transition services agreements, and approval of its equity holder settlement.
National Distributing Company Inc. is not a part of the Chapter 11 filing, the company said in a statement on its website.
A company spokesperson was not immediately available for comment.
Republic National Distributing Company filed its petition as its business's financial position deteriorated after the Covid-19 pandemic subsided in late 2022 and demand for off-premises alcohol consumption plummeted.
#company #chapter #consumption #major
3 hours ago
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) and BlackRock Inc (NYSE:BLK) have formed a joint venture to develop and operate a large-scale artificial intelligence data center campus in El Paso, Texas, as Meta looks to expand the infrastructure supporting its AI ambitions.
The venture will develop and own the data center campus, which is currently under construction and is expected to provide 1 gigawatt of compute capacity when it begins coming online in 2028. The project represents a total development cost of approximately $14 billion, including buildings and long-lived power, cooling and connectivity infrastructure.
Under the agreement, funds managed by BlackRock will own an 80% interest in the venture, while Meta will retain a 20% stake. The companies will fund their respective portions of the development costs, with BlackRock making an initial cash contribution of approximately $4.9 billion and Meta contributing land and construction-in-progress ****** ets valued at about $2.3 billion.
Meta will lease the entire campus from the venture and will remain the sole occupant upon completion. The company will provide construction management, administrative and property management services for the facility.
Meta founder and CEO Mark Zuckerberg wrote that the partnership would allow the company to scale its AI infrastructure efforts more quickly.
#meta #venture #scale #data
The venture will develop and own the data center campus, which is currently under construction and is expected to provide 1 gigawatt of compute capacity when it begins coming online in 2028. The project represents a total development cost of approximately $14 billion, including buildings and long-lived power, cooling and connectivity infrastructure.
Under the agreement, funds managed by BlackRock will own an 80% interest in the venture, while Meta will retain a 20% stake. The companies will fund their respective portions of the development costs, with BlackRock making an initial cash contribution of approximately $4.9 billion and Meta contributing land and construction-in-progress ****** ets valued at about $2.3 billion.
Meta will lease the entire campus from the venture and will remain the sole occupant upon completion. The company will provide construction management, administrative and property management services for the facility.
Meta founder and CEO Mark Zuckerberg wrote that the partnership would allow the company to scale its AI infrastructure efforts more quickly.
#meta #venture #scale #data
3 hours ago
The PGA Tour has begun revealing which tournaments will become Championship Series events in 2028 when a new two-track model is implemented.
First up for the PGA Tour's top-tier Championship Series is the Travelers Championship, which has been played annually at TPC River Highlands just outside Hartford, Connecticut, each June, typically the week after the U.S. Open. Since 2023, the Travelers has been one of eight $20 million signature events on the PGA Tour. The announcement was made on Monday.
In 2028, the PGA Tour Championship Series will comprise roughly 15 regular-season events, in addition to the four major championships, Players Championship, and playoff events. Purses for the PGA Tour-operated events (the non-majors) will be at least $20 million, with some tournaments like the Players and a revamped Tour Championship offering even more prize money. The second-tier Challenger Series will comprise at least 20 events, each offering much lower purses of at least $4 million. Both series will run from approximately February to August, and will include annual promotion and relegation between the circuits.
"Right now we have 47 events at the PGA Tour—we'll have 47 events going forward," PGA Tour CEO Brian Rolapp said when he unveiled the plans for the new scheduling model in June. "That current model serves roughly 230 players. We'll serve that amount of players, the same. We are just organized now in a more simple understanding competitively so our fans can understand it, our partners know what they're getting as far as value. So we think we've just organized the same tour into a much more interesting and competitive system."
The second confirmed Championship Series event will be sponsored by Sompo, a ***** anese insurance and financial services firm, the PGA Tour announced on Tuesday. The event's market has yet to be determined, though. In 2027, Sompo will back a full-field (non-signature) PGA Tour event at Silverado Resort's North Course in Napa, California, July 29 to Aug. 1—effectively replacing the Rocket Classic in Detroit, which is leaving the PGA Tour schedule after this season. In 2028, the Sompo event will relocate to a new market as part of the transition to the Championship Series.
#championship #sompo
First up for the PGA Tour's top-tier Championship Series is the Travelers Championship, which has been played annually at TPC River Highlands just outside Hartford, Connecticut, each June, typically the week after the U.S. Open. Since 2023, the Travelers has been one of eight $20 million signature events on the PGA Tour. The announcement was made on Monday.
In 2028, the PGA Tour Championship Series will comprise roughly 15 regular-season events, in addition to the four major championships, Players Championship, and playoff events. Purses for the PGA Tour-operated events (the non-majors) will be at least $20 million, with some tournaments like the Players and a revamped Tour Championship offering even more prize money. The second-tier Challenger Series will comprise at least 20 events, each offering much lower purses of at least $4 million. Both series will run from approximately February to August, and will include annual promotion and relegation between the circuits.
"Right now we have 47 events at the PGA Tour—we'll have 47 events going forward," PGA Tour CEO Brian Rolapp said when he unveiled the plans for the new scheduling model in June. "That current model serves roughly 230 players. We'll serve that amount of players, the same. We are just organized now in a more simple understanding competitively so our fans can understand it, our partners know what they're getting as far as value. So we think we've just organized the same tour into a much more interesting and competitive system."
The second confirmed Championship Series event will be sponsored by Sompo, a ***** anese insurance and financial services firm, the PGA Tour announced on Tuesday. The event's market has yet to be determined, though. In 2027, Sompo will back a full-field (non-signature) PGA Tour event at Silverado Resort's North Course in Napa, California, July 29 to Aug. 1—effectively replacing the Rocket Classic in Detroit, which is leaving the PGA Tour schedule after this season. In 2028, the Sompo event will relocate to a new market as part of the transition to the Championship Series.
#championship #sompo
8 hours ago
Former ******* nal star Takehiro Tomiyasu is currently training with Crystal Palace as he plots a Premier League return, according to The Athletic. The ******* anese left the Gunners in July 2025 after his contract was terminated by mutual agreement at the North London club. Tomiyasu was a key player for ******* nal manager Mikel Arteta whenever he was fit, making 84 appearances for the Emirates Stadium club during his four seasons at the club. The Palace target joined Ajax last December on a six-month deal, leaving at the end of last season.
He is currently a free agent and a move to the Selhurst Park club could be on the cards. The former Gunners star could make an appearance for the Eagles in a friendly later this week. He has been training with the South London club as part of their pre-season preparations. The high-level training environment Palace is providing has come in handy for Tomiyasu as he looks to maintain and improve his fitness.
Tomiyasu made three appearances at the World Cup with ******* an and will fancy his chances of impressing in the Premier League again after overcoming his injury woes.
The Eagles are not the only ones keen on the full-back, with clubs in the Championship and other European leagues also looking to recruit his services.
He will not be short of suitors even if a move to Palace falls through, but a return to the English top-flight appeals to him.
#premier
He is currently a free agent and a move to the Selhurst Park club could be on the cards. The former Gunners star could make an appearance for the Eagles in a friendly later this week. He has been training with the South London club as part of their pre-season preparations. The high-level training environment Palace is providing has come in handy for Tomiyasu as he looks to maintain and improve his fitness.
Tomiyasu made three appearances at the World Cup with ******* an and will fancy his chances of impressing in the Premier League again after overcoming his injury woes.
The Eagles are not the only ones keen on the full-back, with clubs in the Championship and other European leagues also looking to recruit his services.
He will not be short of suitors even if a move to Palace falls through, but a return to the English top-flight appeals to him.
#premier
8 hours ago
The club will hopefully announce Bodø/Glimt striker Kasper Høgh on a multi-million pound deal, after the Bhoys struck a record-breaking £11m transfer fee with the Norwegian side for his services.
News last night, as reported on Celtic Shorts, was that the big centre-forward has completed a successful medical in London ahead of the club confirming his signing on a four-year deal later today.
Martin O'Neill is in the marketplace for several more major targets, as the squad is in desperate need of refreshment following a close shave in Scottish football last year.
Hearts and Derek McInnes gave the 5IAR Champions a good run for their money, after Tony Bloom's initial involvement at the Tynecastle club, which could have easily been avoided, had proper investment in the playing squad been achieved last summer, as Brendan Rodgers continually pleaded for.
Now reports from Spain have confirmed that the World Cup star will return to pre-season training with the rest of his Real Oviedo teammates this midweek, as the Hoops' hierarchy has yet to strike an agreement with the Segunda Division side for the transfer to proceed. That is another frustrating update for Celtic supporters, but one that we are well used to, unfortunately.
#last #celtic #transfer
News last night, as reported on Celtic Shorts, was that the big centre-forward has completed a successful medical in London ahead of the club confirming his signing on a four-year deal later today.
Martin O'Neill is in the marketplace for several more major targets, as the squad is in desperate need of refreshment following a close shave in Scottish football last year.
Hearts and Derek McInnes gave the 5IAR Champions a good run for their money, after Tony Bloom's initial involvement at the Tynecastle club, which could have easily been avoided, had proper investment in the playing squad been achieved last summer, as Brendan Rodgers continually pleaded for.
Now reports from Spain have confirmed that the World Cup star will return to pre-season training with the rest of his Real Oviedo teammates this midweek, as the Hoops' hierarchy has yet to strike an agreement with the Segunda Division side for the transfer to proceed. That is another frustrating update for Celtic supporters, but one that we are well used to, unfortunately.
#last #celtic #transfer
8 hours ago
As well as Yan Diomande and Rodri, Real Madrid have not yet ruled out the possible signing of another central defender. Ibrahima Konate has also been brought in as a free agent, but head coach Jose Mourinho wants to have another option at his disposal in time for the 2026-27 season starting in a few weeks' time.
Earlier in the summer, Nico Schlotterbeck had been Real Madrid's leading target, but after he picked up an ankle injury while on duty with Germany at the 2026 World Cup, club officials have pivoted to Alessandro Bastoni. Mourinho is also a big fan of the Inter Milan and Italy star, who could soon be set to make the move to the Bernabeu.
As per MD, Inter have agreed a deal to sign former Manchester City defender John Stones, and the expectation is this will open the door for Bastoni to move to Real Madrid later this summer, should an approach be made.
Real Madrid want to go for Bastoni, although they are clear that any new defender cannot be signed until someone leaves. Mourinho has already informed Raul Asencio that he is not in his plans for the new season, so he would be the prime candidate to leave, which would open the door for Bastoni to move to the Bernabeu.
Asencio has some interest in his services, but right now, there is no indication from the player himself that he wants to leave. Thus, Real Madrid may have a problem doing the necessary business to bring in Bastoni, which would be frustrating for Mourinho in his efforts to build the perfect squad ahead of the first season of his second spell as manager. For now, it simply remains to be seen how the situation plays out with both defenders.
#mourinho #bernabeu
Earlier in the summer, Nico Schlotterbeck had been Real Madrid's leading target, but after he picked up an ankle injury while on duty with Germany at the 2026 World Cup, club officials have pivoted to Alessandro Bastoni. Mourinho is also a big fan of the Inter Milan and Italy star, who could soon be set to make the move to the Bernabeu.
As per MD, Inter have agreed a deal to sign former Manchester City defender John Stones, and the expectation is this will open the door for Bastoni to move to Real Madrid later this summer, should an approach be made.
Real Madrid want to go for Bastoni, although they are clear that any new defender cannot be signed until someone leaves. Mourinho has already informed Raul Asencio that he is not in his plans for the new season, so he would be the prime candidate to leave, which would open the door for Bastoni to move to the Bernabeu.
Asencio has some interest in his services, but right now, there is no indication from the player himself that he wants to leave. Thus, Real Madrid may have a problem doing the necessary business to bring in Bastoni, which would be frustrating for Mourinho in his efforts to build the perfect squad ahead of the first season of his second spell as manager. For now, it simply remains to be seen how the situation plays out with both defenders.
#mourinho #bernabeu
9 hours ago
WSL Full-Time were informed of the news via an official club press release from The Magpies this morning.
It has been reported that Newcastle United have paid an undisclosed fee to Liverpool to secure the player's services.
The 27-year-old joined Liverpool from West Ham United in summer 2021. Kiernan went on to make 76 appearances for The Reds in all competitions in which she scored 23 goals. The forward was a Barclays WSL2 ******* le-winner with Liverpool in 2021/2022.
On the international stage, Kiernan has been capped by the Republic of Ireland on 44 occasions while she has scored four goals for her country.
After joining Newcastle United, Kiernan said "I'm really excited. I'm looking forward to a fresh start and meeting the fans. It was a dream of mine to come and play professionally and to go to a club like Newcastle, it really felt right when the contact came in.
#newcastle #Liverpool #kiernan #full
It has been reported that Newcastle United have paid an undisclosed fee to Liverpool to secure the player's services.
The 27-year-old joined Liverpool from West Ham United in summer 2021. Kiernan went on to make 76 appearances for The Reds in all competitions in which she scored 23 goals. The forward was a Barclays WSL2 ******* le-winner with Liverpool in 2021/2022.
On the international stage, Kiernan has been capped by the Republic of Ireland on 44 occasions while she has scored four goals for her country.
After joining Newcastle United, Kiernan said "I'm really excited. I'm looking forward to a fresh start and meeting the fans. It was a dream of mine to come and play professionally and to go to a club like Newcastle, it really felt right when the contact came in.
#newcastle #Liverpool #kiernan #full
11 hours ago
Real Madrid are a couple of signings away from building a squad that Jose Mourinho will be content with taking into the new season, which gets underway in a few weeks' time. The hope is that Yan Diomande will be done in the next 48 hours, after which the club can turn their full attention to the pursuit of Manchester City and Spain midfielder Rodri.
Real Madrid had originally ruled out signing Rodri this summer, but after being priced out of a move for Enzo Fernandez, they have decided to go after the 2026 World Cup Golden Ball winner. An agreement on personal terms is already in place, with the 30-year-old very keen on a return to the Spanish capital, where he was previously with Atletico Madrid.
There is no doubt that Real Madrid are favourites to sign Rodri, who is looking more and more likely to leave Man City this summer. His unwillingness to extend his stay beyond 2027 – when his current contract expires – has alerted several clubs' attention, and while Paris Saint-Germain has been one of them, it's now been reported by Le Parisien (via Diario AS) that the reigning back-to-back European champions have ended their interest.
PSG had recognised that Rodri would be a market opportunity, but ultimately, they have decided that midfield is an area that they do not need to address this summer. That leaves Real Madrid with a free run at the world champion, although there is no guarantee that an agreement with Man City is reached in the coming weeks.
The latest is that Real Madrid are ready to pay up to €60m to sign Rodri this summer, but Man City's current stance is that any offers below €80m will not be considered. Bernabeu officials must now hope that the Premier League giants relax their stance in the coming weeks, otherwise they may need to wait until 2027 to secure his services.
#real #summer #attention #decided
Real Madrid had originally ruled out signing Rodri this summer, but after being priced out of a move for Enzo Fernandez, they have decided to go after the 2026 World Cup Golden Ball winner. An agreement on personal terms is already in place, with the 30-year-old very keen on a return to the Spanish capital, where he was previously with Atletico Madrid.
There is no doubt that Real Madrid are favourites to sign Rodri, who is looking more and more likely to leave Man City this summer. His unwillingness to extend his stay beyond 2027 – when his current contract expires – has alerted several clubs' attention, and while Paris Saint-Germain has been one of them, it's now been reported by Le Parisien (via Diario AS) that the reigning back-to-back European champions have ended their interest.
PSG had recognised that Rodri would be a market opportunity, but ultimately, they have decided that midfield is an area that they do not need to address this summer. That leaves Real Madrid with a free run at the world champion, although there is no guarantee that an agreement with Man City is reached in the coming weeks.
The latest is that Real Madrid are ready to pay up to €60m to sign Rodri this summer, but Man City's current stance is that any offers below €80m will not be considered. Bernabeu officials must now hope that the Premier League giants relax their stance in the coming weeks, otherwise they may need to wait until 2027 to secure his services.
#real #summer #attention #decided
12 hours ago
Eintracht Frankfurt's previously reported signing of Brazilian centre back Otávio has been officially confirmed. Almost all reliable German footballing media sources confirm that the Bundesliga club has paid €4.5m to secure the 20-year-old's services. Otávio's new contract in Hessen runs through 2031. The new signing shall receive a chance to work directly ahead of his countryman Kaua Santos, who currently competes with Michael Zetterer for the No. 1 slot in goal.
"With Otávio, we're bringing in a young and highly talented center back with a lot of potential for development," SGE sporting director Timmo Hrdung noted in a club statement. "He's left-footed, tall, athletic, and fast, and combines that with a strong defensive mindset—something we specifically want to strengthen in our squad. We're convinced that he'll enjoy plenty of success here at Eintracht."
"Joining a club with such a rich tradition – one that regularly competes in major tournaments – is a dream come true and a very important step in my career," the player himself added. "I'd like to thank everyone who believes in me and has been part of my journey so far. Now a new challenge begins. I arrive with a strong determination and am ready for this challenge."
GGFN | Peter Weis
#we 're #brazilian
"With Otávio, we're bringing in a young and highly talented center back with a lot of potential for development," SGE sporting director Timmo Hrdung noted in a club statement. "He's left-footed, tall, athletic, and fast, and combines that with a strong defensive mindset—something we specifically want to strengthen in our squad. We're convinced that he'll enjoy plenty of success here at Eintracht."
"Joining a club with such a rich tradition – one that regularly competes in major tournaments – is a dream come true and a very important step in my career," the player himself added. "I'd like to thank everyone who believes in me and has been part of my journey so far. Now a new challenge begins. I arrive with a strong determination and am ready for this challenge."
GGFN | Peter Weis
#we 're #brazilian
12 hours ago
Currently, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is trailing Apple (NASDAQ: AAPL) in the race to join Nvidia (NASDAQ: NVDA) in the $5 trillion market-cap club. Apple is just over $200 billion in market cap away from joining, while Alphabet is about $1 trillion away following its sell-off.
However, I think Alphabet can overcome this deficit if the market comes to its senses. Alphabet's business can actually justify a $5 trillion market cap, while Apple's is questionable. It's all because of one factor: valuation.
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 »
When comparing Alphabet and Apple, it's clear that they are two entirely different businesses. Apple stakes its company on the success of its hardware business, although it generates a fair bit of revenue from its services as well. Alphabet is more software focused. Alphabet clearly has some hardware exposure, but it also has a cloud computing business that involves purchasing hardware and renting it back out to clients. Regardless, both companies have proved their merits over the long term.
However, Alphabet looks to be the stronger company. From a revenue standpoint, Apple is still outperforming Alphabet. But that's not nearly as important for companies this size. What matters is how the company uses that revenue, and investors are more focused on profits. From a net income standpoint, Alphabet is starting to put some distance between itself and Apple.
#NASDAQ #company #signal #trillion
However, I think Alphabet can overcome this deficit if the market comes to its senses. Alphabet's business can actually justify a $5 trillion market cap, while Apple's is questionable. It's all because of one factor: valuation.
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When comparing Alphabet and Apple, it's clear that they are two entirely different businesses. Apple stakes its company on the success of its hardware business, although it generates a fair bit of revenue from its services as well. Alphabet is more software focused. Alphabet clearly has some hardware exposure, but it also has a cloud computing business that involves purchasing hardware and renting it back out to clients. Regardless, both companies have proved their merits over the long term.
However, Alphabet looks to be the stronger company. From a revenue standpoint, Apple is still outperforming Alphabet. But that's not nearly as important for companies this size. What matters is how the company uses that revenue, and investors are more focused on profits. From a net income standpoint, Alphabet is starting to put some distance between itself and Apple.
#NASDAQ #company #signal #trillion
12 hours ago
Baker Hughes raised its 2026 Industrial & Energy Technology (IET) order outlook after posting record second-quarter bookings, as surging investment in LNG export facilities, gas-fired power generation and data center infrastructure continued to fuel demand for its equipment and services.
The company reported second-quarter orders of $10.5 billion, up 49% from a year earlier, while IET orders more than doubled to a record $7.1 billion. Remaining performance obligations reached a record $40.1 billion, including $37.1 billion for the IET segment, providing increased visibility into future revenue. Revenue totaled $6.74 billion, while adjusted EBITDA rose to $1.23 billion, exceeding the high end of the company's guidance range.
Chairman and CEO Lorenzo Simonelli said Baker Hughes benefited from continued strength in data centers, gas infrastructure and upstream markets despite operational challenges in the Middle East. He said the company now expects to reach the midpoint of its full-year guidance while increasing its Horizon 2 (2026-2028) IET orders target to more than $45 billion.
The record order intake was supported by a series of major LNG and power generation contracts. During the quarter, Baker Hughes secured equipment awards from Venture Global, Cheniere Energy, Golar LNG and Nigeria LNG, alongside large power generation orders from Dynamis Power Solutions and Kodiak Gas Services to support growing electricity demand from data centers and energy infrastructure across North America.
Oilfield Services & Equipment also outperformed expectations despite geopolitical disruptions. Segment EBITDA exceeded guidance as activity improved in the Middle East late in the quarter, while North America land operations and Latin America delivered solid results. However, segment revenue remained 5% below the prior year, reflecting ****** et divestitures and regional disruptions.
#record
The company reported second-quarter orders of $10.5 billion, up 49% from a year earlier, while IET orders more than doubled to a record $7.1 billion. Remaining performance obligations reached a record $40.1 billion, including $37.1 billion for the IET segment, providing increased visibility into future revenue. Revenue totaled $6.74 billion, while adjusted EBITDA rose to $1.23 billion, exceeding the high end of the company's guidance range.
Chairman and CEO Lorenzo Simonelli said Baker Hughes benefited from continued strength in data centers, gas infrastructure and upstream markets despite operational challenges in the Middle East. He said the company now expects to reach the midpoint of its full-year guidance while increasing its Horizon 2 (2026-2028) IET orders target to more than $45 billion.
The record order intake was supported by a series of major LNG and power generation contracts. During the quarter, Baker Hughes secured equipment awards from Venture Global, Cheniere Energy, Golar LNG and Nigeria LNG, alongside large power generation orders from Dynamis Power Solutions and Kodiak Gas Services to support growing electricity demand from data centers and energy infrastructure across North America.
Oilfield Services & Equipment also outperformed expectations despite geopolitical disruptions. Segment EBITDA exceeded guidance as activity improved in the Middle East late in the quarter, while North America land operations and Latin America delivered solid results. However, segment revenue remained 5% below the prior year, reflecting ****** et divestitures and regional disruptions.
#record
17 hours ago
Amazon (AMZN) has been one of the market's strongest large-cap technology stocks in 2026, helped by rapid growth in Amazon Web Services (AWS), advertising, and artificial intelligence. The company also delivered an impressive first quarter, beating Wall Street estimates.
But the story has recently shifted. Recently, Bloomberg reported that Senate investigators are examining allegations of Chinese influence over Amazon's third-party marketplace, sending AMZN shares down about 4% in a single session.
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#amazon #senate
But the story has recently shifted. Recently, Bloomberg reported that Senate investigators are examining allegations of Chinese influence over Amazon's third-party marketplace, sending AMZN shares down about 4% in a single session.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions
What a Major Anthropic Chip Deal Really Means for AMD Stock
#amazon #senate
18 hours ago
WASHINGTON – Six weeks after he was hospitalized for a fall and pneumonia, Sen. Mitch McConnell's doctors still have not medically cleared him to return to work or leave a rehabilitation facility, the Capitol physician's office said.
Since June, the Kentucky Republican's health has been a source of widespread speculation and interest. He has missed 38 roll call votes in the Senate, including on key measures such as the annual defense policy bill and ending the Iran war, as well as high-profile confirmation hearings for crucial Trump nominees like Todd Blanche, who is awaiting a vote to become the next attorney general.
All summer his office has provided only limited updates on his condition. But in a statement July 27, McConnell, 84, said he was still having "intense physical therapy" and wouldn't be able to travel to western Kentucky for the annual Fancy Farm picnic, a marquee political event in the state.
"As always, I appreciate all of your continued well wishes, and I'm looking forward to getting back to the Senate and to Kentucky soon," he said.
The Office of the Attending Physician, which provides medical services and guidance to members of Congress, said the lifelong effects of McConnell's bout with childhood polio continue to be a "significant factor in his mobility." Doctors visit with him every day.
#still #annual
Since June, the Kentucky Republican's health has been a source of widespread speculation and interest. He has missed 38 roll call votes in the Senate, including on key measures such as the annual defense policy bill and ending the Iran war, as well as high-profile confirmation hearings for crucial Trump nominees like Todd Blanche, who is awaiting a vote to become the next attorney general.
All summer his office has provided only limited updates on his condition. But in a statement July 27, McConnell, 84, said he was still having "intense physical therapy" and wouldn't be able to travel to western Kentucky for the annual Fancy Farm picnic, a marquee political event in the state.
"As always, I appreciate all of your continued well wishes, and I'm looking forward to getting back to the Senate and to Kentucky soon," he said.
The Office of the Attending Physician, which provides medical services and guidance to members of Congress, said the lifelong effects of McConnell's bout with childhood polio continue to be a "significant factor in his mobility." Doctors visit with him every day.
#still #annual
3 days ago
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Bryan Hipsher was named chief financial officer of Dow Jones, the professional news and services division within News Corp. that includes The Wall Street Journal and MarketWatch. Hipsher, who will join the company on Sept. 8, most recently spent seven years as CFO of Dun & Bradstreet. He earlier was a senior vice president of finance at Black Knight. He started his career at Fidelity National Financial and Fidelity Information Services. Hipsher replaces interim CFO Brian Carlesimo, who has been in the role since January. Carlesimo, who has been senior vice president of finance at Dow Jones since 2025, stepped in for Jared DiPalma when he became deputy CFO of News Corp.
Chanel has appointed Helene de Tissot as its new chief financial officer, starting in October. De Tissot will join the French luxury fashion company in October. For the last 23 years, she has worked at French distiller Pernod Ricard, the owner of spirits brands including Absolut vodka and Jameson whiskey. She has been executive vice president of finance and IT of Pernod Ricard since 2018, according to her LinkedIn profile. De Tissot succeeds Philippe Blondiaux, who is retiring at the end of the year. Blondiaux has been CFO since 2011.
Pernod Ricard promoted Mauve Croizat to EVP of finance and technology, effective Oct. 1, to succeed Helene de Tissot. Croizat has worked at Pernod Ricard for almost 20 years, where she has held senior leadership positions across finance, business development and general management in France, the U.S. and Sweden. She was most recently global senior vice president of transformation, a role she has held since 2023.
Sharon McCollam, president and chief financial officer of Albertsons, will retire later this year. The company is currently looking for her replacement, and McCollam will remain in her role at the food and drug retailer until her successor is named. She will then remain with the company in an advisory capacity until Feb. 27, 2027. McCollam retired from Best Buy in 2016, where she was EVP, chief administrative officer and CFO, before joining Albertsons in 2021. She previously held leadership positions at Williams-Sonoma, including chief operating officer and chief financial officer.
#financial
Bryan Hipsher was named chief financial officer of Dow Jones, the professional news and services division within News Corp. that includes The Wall Street Journal and MarketWatch. Hipsher, who will join the company on Sept. 8, most recently spent seven years as CFO of Dun & Bradstreet. He earlier was a senior vice president of finance at Black Knight. He started his career at Fidelity National Financial and Fidelity Information Services. Hipsher replaces interim CFO Brian Carlesimo, who has been in the role since January. Carlesimo, who has been senior vice president of finance at Dow Jones since 2025, stepped in for Jared DiPalma when he became deputy CFO of News Corp.
Chanel has appointed Helene de Tissot as its new chief financial officer, starting in October. De Tissot will join the French luxury fashion company in October. For the last 23 years, she has worked at French distiller Pernod Ricard, the owner of spirits brands including Absolut vodka and Jameson whiskey. She has been executive vice president of finance and IT of Pernod Ricard since 2018, according to her LinkedIn profile. De Tissot succeeds Philippe Blondiaux, who is retiring at the end of the year. Blondiaux has been CFO since 2011.
Pernod Ricard promoted Mauve Croizat to EVP of finance and technology, effective Oct. 1, to succeed Helene de Tissot. Croizat has worked at Pernod Ricard for almost 20 years, where she has held senior leadership positions across finance, business development and general management in France, the U.S. and Sweden. She was most recently global senior vice president of transformation, a role she has held since 2023.
Sharon McCollam, president and chief financial officer of Albertsons, will retire later this year. The company is currently looking for her replacement, and McCollam will remain in her role at the food and drug retailer until her successor is named. She will then remain with the company in an advisory capacity until Feb. 27, 2027. McCollam retired from Best Buy in 2016, where she was EVP, chief administrative officer and CFO, before joining Albertsons in 2021. She previously held leadership positions at Williams-Sonoma, including chief operating officer and chief financial officer.
#financial
3 days ago
Markets were recalibrating after the European Central Bank kept its benchmark rates unchanged. It maintained the deposit rate at 2.25%, the main refinancing rate at 2.40%, and the marginal lending facility rate at 2.65%. "Decisions next time will be meeting by meeting and data dependent," Christine Lagarde said. "As regards the inflationary effects of higher energy prices in view of the Middle East escalation, this adds to the uncertainty of the path of inflation over time."
The dollar continued to be supported by strong fundamentals, and Treasury bonds were also higher. Attention turned to today's S&P Global flash PMI surveys with US manufacturing seen at 54.5, services at 51.5, and the composite above the 50 threshold for expansion. A good set of numbers will provide more evidence of the US economy's resilience ahead of the Federal Reserve meeting next week. Investors will also hope the Fed keeps rates on hold with officials signaling their cautious approach.
The euro was less focused on the outcome than on the ECB's communication. Policymakers noted that inflation was easing in the euro area. But they said inflation might not return sustainably to the 2% target for some time due to fluctuating energy prices and noted that there is still room for more hikes.
Sterling focused on June retail sales and the flash PMI data for July this afternoon. The manufacturing PMI is projected at 52.0 and services PMI at 50.0. Stronger sales figures will provide more proof of the resilience of the domestic economy, supporting the Bank of England's approach as the focus turns to fighting inflation.
The USD Index remains positive after bouncing off the 100.50-100.60 support area and recapturing the 101.20 level. Current quotes around 101.33 sit above the 50-EMA (at 101.06) and the 100-EMA (at 100.97), which indicates buyers have been taking charge. The DXY's rising trend line is continuing to act as support, and the current reading at RSI 60 suggests there is room for further upside, with no imminent signs of overbought conditions.
#inflation #rate #higher
The dollar continued to be supported by strong fundamentals, and Treasury bonds were also higher. Attention turned to today's S&P Global flash PMI surveys with US manufacturing seen at 54.5, services at 51.5, and the composite above the 50 threshold for expansion. A good set of numbers will provide more evidence of the US economy's resilience ahead of the Federal Reserve meeting next week. Investors will also hope the Fed keeps rates on hold with officials signaling their cautious approach.
The euro was less focused on the outcome than on the ECB's communication. Policymakers noted that inflation was easing in the euro area. But they said inflation might not return sustainably to the 2% target for some time due to fluctuating energy prices and noted that there is still room for more hikes.
Sterling focused on June retail sales and the flash PMI data for July this afternoon. The manufacturing PMI is projected at 52.0 and services PMI at 50.0. Stronger sales figures will provide more proof of the resilience of the domestic economy, supporting the Bank of England's approach as the focus turns to fighting inflation.
The USD Index remains positive after bouncing off the 100.50-100.60 support area and recapturing the 101.20 level. Current quotes around 101.33 sit above the 50-EMA (at 101.06) and the 100-EMA (at 100.97), which indicates buyers have been taking charge. The DXY's rising trend line is continuing to act as support, and the current reading at RSI 60 suggests there is room for further upside, with no imminent signs of overbought conditions.
#inflation #rate #higher
3 days ago
July 24 (Reuters) - India's HCLTech said on Friday it would invest 142.57 billion rupees ($1.48 billion) to set up its first AI data center in the eastern state of Odisha in partnership with homegrown startup Sarvam AI.
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
3 days ago
BENGALURU, July 24 (Reuters) - India's private sector growth skidded to its weakest in over four years in July as a sharp slowdown in services constrained overall expansion even though rising export orders and hiring offered limited support, a survey showed.
• HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 54.3 in July from June's 57.1, confounding a Reuters poll median forecast for a jump to 57.7. However the index remained above the 50-mark separating growth from contraction.
• Export orders offered a brighter spot with international sales growing at the fastest pace since March.
• Among sectors, services was the biggest lag. The business activity index fell to 53.1 from June's 57.4 - its weakest reading since February 2022 - weighed by challenging market conditions, order cancellations and reduced client enquiries.
• Manufacturing was steadier but not strong enough to change the broader trend. The factory activity index eased to a four-month low of 53.9 from 54.2. Output and new orders continued to expand at a stronger pace helped by robust demand from overseas markets.
#orders #reuters #Services
• HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 54.3 in July from June's 57.1, confounding a Reuters poll median forecast for a jump to 57.7. However the index remained above the 50-mark separating growth from contraction.
• Export orders offered a brighter spot with international sales growing at the fastest pace since March.
• Among sectors, services was the biggest lag. The business activity index fell to 53.1 from June's 57.4 - its weakest reading since February 2022 - weighed by challenging market conditions, order cancellations and reduced client enquiries.
• Manufacturing was steadier but not strong enough to change the broader trend. The factory activity index eased to a four-month low of 53.9 from 54.2. Output and new orders continued to expand at a stronger pace helped by robust demand from overseas markets.
#orders #reuters #Services
4 days ago
Slipping 2.15% to 25,138, the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped sharply today, driven by a broad retreat in technology stocks following earnings reports. The S&P 500 (SNPINDEX:^GSPC) lost 1.21% to 7,408 and the Dow Jones Industrial Average (DJINDICES:^DJI) fell 0.97% to 51,712.
Gold prices fell 2.36% to $4,048.76 as of U.S. market close, and the 10-Year Treasury yield rose 0.04% to 4.67%, a 52-week high. Communication services and consumer cyclicals were the biggest losers today, while industrials and healthcare stocks showed strength.
Alphabet fell by 7%, and Tesla shares tumbled almost 15% following yesterday's earnings. In contrast, Intel rose in after-hours trading following its Q2 results, which beat expectations. EquipmentShare.com rose 8%, extending gains after increasing its revenue guidance earlier this month.
The risk that the huge outlays on artificial intelligence (AI) infrastructure might not pay off pressured technology stocks today. Rising oil prices and high Treasury yields compounded the risk-off mood. WTI crude oil gained 5.8% to $91.84 a barrel on reports that Houthi militia had attacked tankers in the Red Sea, threatening an alternative supply route to the Strait of Hormuz, which remains largely closed.
Mounting concern over heavy AI capital expenditures hit both Alphabet and Tesla shares. Increased spending from both firms — without a clear indication of when investors will see returns — weighed on shares. Investors are shifting their stances on AI spending sprees, which could justify a more cautious stance on big tech firms.
#stocks #rose #tesla
Gold prices fell 2.36% to $4,048.76 as of U.S. market close, and the 10-Year Treasury yield rose 0.04% to 4.67%, a 52-week high. Communication services and consumer cyclicals were the biggest losers today, while industrials and healthcare stocks showed strength.
Alphabet fell by 7%, and Tesla shares tumbled almost 15% following yesterday's earnings. In contrast, Intel rose in after-hours trading following its Q2 results, which beat expectations. EquipmentShare.com rose 8%, extending gains after increasing its revenue guidance earlier this month.
The risk that the huge outlays on artificial intelligence (AI) infrastructure might not pay off pressured technology stocks today. Rising oil prices and high Treasury yields compounded the risk-off mood. WTI crude oil gained 5.8% to $91.84 a barrel on reports that Houthi militia had attacked tankers in the Red Sea, threatening an alternative supply route to the Strait of Hormuz, which remains largely closed.
Mounting concern over heavy AI capital expenditures hit both Alphabet and Tesla shares. Increased spending from both firms — without a clear indication of when investors will see returns — weighed on shares. Investors are shifting their stances on AI spending sprees, which could justify a more cautious stance on big tech firms.
#stocks #rose #tesla
4 days ago
Alphabet (NASDAQ:GOOGL), a search, ads, video, cloud, and AI infrastructure platforms provider, closed at $317.69, down 7.13%. Investors are reacting to higher AI-related spending and watching whether cloud growth can support returns on that build-out. Trading volume reached 68.6M shares, coming in about 111% above its three-month average of 32.5M shares. Alphabet IPO'd in 2004 and has grown 12,557% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.20% to 7,409, while the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among internet content and information, digital advertising, and cloud services rivals, Microsoft closed at $381.58, down 2.24%, and Meta Platforms finished at $606.10, down 3.36%.
On the surface, it was a great-looking quarter for Alphabet as:
sales rose 24%
search revenue increased 17%
#shares #googl
The S&P 500 (SNPINDEX:^GSPC) fell 1.20% to 7,409, while the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among internet content and information, digital advertising, and cloud services rivals, Microsoft closed at $381.58, down 2.24%, and Meta Platforms finished at $606.10, down 3.36%.
On the surface, it was a great-looking quarter for Alphabet as:
sales rose 24%
search revenue increased 17%
#shares #googl
4 days ago
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Management attributed the second quarter underperformance to unusually adverse conditions in May, where high fuel prices and persistent drought in the Southeast pressured discretionary spending during the peak spring season.
The business model remains resilient in needs-based categories, with consumable, usable, and edible (CUE) products maintaining positive momentum despite broader macro headwinds.
A strategic shift is underway to prioritize the productivity of existing ******* ets over aggressive new store expansion, reflecting a more cautious approach to the current demand environment.
The acquisition of VIP Petcare is intended to bridge a critical gap in the company's pet ecosystem by integrating veterinary services with physical and digital product channels.
#petcare #analysts #Stock #Potential
Management attributed the second quarter underperformance to unusually adverse conditions in May, where high fuel prices and persistent drought in the Southeast pressured discretionary spending during the peak spring season.
The business model remains resilient in needs-based categories, with consumable, usable, and edible (CUE) products maintaining positive momentum despite broader macro headwinds.
A strategic shift is underway to prioritize the productivity of existing ******* ets over aggressive new store expansion, reflecting a more cautious approach to the current demand environment.
The acquisition of VIP Petcare is intended to bridge a critical gap in the company's pet ecosystem by integrating veterinary services with physical and digital product channels.
#petcare #analysts #Stock #Potential
4 days ago
Updated July 23, 2026 4:56 pm ET
Listen
(4 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1010 ET – Fewer apartments are sitting empty, rents are climbing, and yet the deals keep coming, Zillow says. The typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental listings came with a concession attached. A concession is a move-in discount, commonly a free month’s rent, waived fees or free parking. For renters who land a freebie, the real cost of renting can be softer than the asking price suggests. The 2.2% annual rent growth in June is a slight acceleration from the previous month. Yet the increase in concessions-39.7% of rental listings on Zillow offered one in June, up from 35.2% a year ago—softens the blow for renters. The backdrop is a rental market that has added significant new inventory over the past few years, giving renters more choices.(chris.wackwsj.com)
#concession
Listen
(4 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1010 ET – Fewer apartments are sitting empty, rents are climbing, and yet the deals keep coming, Zillow says. The typical U.S. asking rent rose to $1,965, up 2.2% compared to a year ago, and nearly 2 in 5 rental listings came with a concession attached. A concession is a move-in discount, commonly a free month’s rent, waived fees or free parking. For renters who land a freebie, the real cost of renting can be softer than the asking price suggests. The 2.2% annual rent growth in June is a slight acceleration from the previous month. Yet the increase in concessions-39.7% of rental listings on Zillow offered one in June, up from 35.2% a year ago—softens the blow for renters. The backdrop is a rental market that has added significant new inventory over the past few years, giving renters more choices.(chris.wackwsj.com)
#concession
4 days ago
Amazon (AMZN) confirmed on July 22 that it has eliminated positions within its Artificial General Intelligence division — the unit responsible for building large-scale AI models, autonomous agents, and tools such as Nova Act.
The company declined to reveal the exact number of employees affected, though workers involved in model customization, post-training, and data services were among those let go.
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Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
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The company declined to reveal the exact number of employees affected, though workers involved in model customization, post-training, and data services were among those let go.
Dear **** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to **** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#july #artificial #general #intelligence
4 days ago
In a promotional video posted to social media on Friday, July 24, agent Rich Paul broke out his famous whiteboard featured on the "Game Over" podcast he co-hosts with Max Kellerman and circled a group of names representing the Philadelphia 76ers in red marker.
"It's Philly. Rich, there's a star by [Tyrese] Maxey's name. Was that a breadcrumb I missed?" Kellerman asked. Paul replied, "Maybe you did. Maybe you didn't, Max. But it's Philly."
Yes, Akron native LeBron James announced on July 24 he will sign with the 76ers instead of the other top suitors vying for his services in NBA free agency — the Cavaliers, Miami Heat and Golden State Warriors. James will join the Sixers on a two-year, $8 million contract, which includes a player option for the 2027-28 season, Paul told ESPN.
LeBron James news: NBA's all-time leading scorer passes on third Cavs tour and chooses to sign with 76ers
Should we have known all along it would be the 76ers?
#kellerman #philly #maybe #sign
"It's Philly. Rich, there's a star by [Tyrese] Maxey's name. Was that a breadcrumb I missed?" Kellerman asked. Paul replied, "Maybe you did. Maybe you didn't, Max. But it's Philly."
Yes, Akron native LeBron James announced on July 24 he will sign with the 76ers instead of the other top suitors vying for his services in NBA free agency — the Cavaliers, Miami Heat and Golden State Warriors. James will join the Sixers on a two-year, $8 million contract, which includes a player option for the 2027-28 season, Paul told ESPN.
LeBron James news: NBA's all-time leading scorer passes on third Cavs tour and chooses to sign with 76ers
Should we have known all along it would be the 76ers?
#kellerman #philly #maybe #sign
4 days ago
Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments highlighted Mastercard Incorporated (NYSE:MA). Mastercard Incorporated (NYSE:MA) is a leading global payment technology company provides transaction processing and other payment-related products and services. On July 22, 2026, Mastercard Incorporated (NYSE:MA) closed at $531.98 per share, reflecting a market capitalization of $470.05 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 8.81%, while its shares lost 5.59% over the past 52 weeks.
Montaka Global Investments stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa and Mastercard Incorporated (NYSE:MA), for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#incorporated #businesses #Investments #quarter
In its Q2 2026 investor letter, Montaka Global Investments highlighted Mastercard Incorporated (NYSE:MA). Mastercard Incorporated (NYSE:MA) is a leading global payment technology company provides transaction processing and other payment-related products and services. On July 22, 2026, Mastercard Incorporated (NYSE:MA) closed at $531.98 per share, reflecting a market capitalization of $470.05 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 8.81%, while its shares lost 5.59% over the past 52 weeks.
Montaka Global Investments stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa and Mastercard Incorporated (NYSE:MA), for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#incorporated #businesses #Investments #quarter
4 days ago
Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 22, 2026, Visa Inc. (NYSE:V) closed at $353.42 per share. One-month return of Visa Inc. (NYSE:V) was 5.95%, and its shares lost 1.07% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $665.89 billion.
Montaka Global Investments stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa Inc. (NYSE:V) and Mastercard, for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#NYSE #Services #quarter #investor
In its Q2 2026 investor letter, Montaka Global Investments highlighted Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 22, 2026, Visa Inc. (NYSE:V) closed at $353.42 per share. One-month return of Visa Inc. (NYSE:V) was 5.95%, and its shares lost 1.07% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $665.89 billion.
Montaka Global Investments stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa Inc. (NYSE:V) and Mastercard, for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.
#NYSE #Services #quarter #investor
