42 mins. ago
Wealthy baby boomers have spent decades building their fortunes—and the foundations, donor-advised funds, and giving traditions that come with them. But as the $124 trillion Great Wealth Transfer gets underway, a growing share of the older generation isn't so sure their kids will carry on tradition the way they hope.
Fewer than half of wealthy Americans (47%) believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024, according to research from Bank of America released last week. The share of parents who believe their children share their commitment to giving back fell even more sharply to 65% from 76%. The bank surveyed more than 1,430 wealthy individuals in the U.S. aged 21 or older with at least $3 million in investable ******* ets, excluding primary residence.
The confidence gap in philanthropy mirrors a broader anxiety wealth advisors have noticed about whether heirs are ready for any of it.
"This is a very real concern I'm hearing from ultra-affluent families right now," Tom Thiegs, managing director of leadership and legacy at Ascent Private Capital Management with U.S. Bank, told Fortune of parents' fears that wealth could dampen their children's drive. Trent Von Ahsen of Cedar Point Capital Partners also told Fortune his clients are leaning on mentorship and phased wealth transfers rather than lump-sum inheritances.
But the irony is younger donors are, by several of the study's measures, more engaged donors than older generations. Gen Z and millennial donors support an average of 12 charitable causes, compared with eight among wealth donors overall. They're also roughly twice as likely to use a donor-advised fund, and 87% say honoring their family's philanthropic tradition is important. Meanwhile, 86% say it's equally important to establish their own charitable identity.
#advised
Fewer than half of wealthy Americans (47%) believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024, according to research from Bank of America released last week. The share of parents who believe their children share their commitment to giving back fell even more sharply to 65% from 76%. The bank surveyed more than 1,430 wealthy individuals in the U.S. aged 21 or older with at least $3 million in investable ******* ets, excluding primary residence.
The confidence gap in philanthropy mirrors a broader anxiety wealth advisors have noticed about whether heirs are ready for any of it.
"This is a very real concern I'm hearing from ultra-affluent families right now," Tom Thiegs, managing director of leadership and legacy at Ascent Private Capital Management with U.S. Bank, told Fortune of parents' fears that wealth could dampen their children's drive. Trent Von Ahsen of Cedar Point Capital Partners also told Fortune his clients are leaning on mentorship and phased wealth transfers rather than lump-sum inheritances.
But the irony is younger donors are, by several of the study's measures, more engaged donors than older generations. Gen Z and millennial donors support an average of 12 charitable causes, compared with eight among wealth donors overall. They're also roughly twice as likely to use a donor-advised fund, and 87% say honoring their family's philanthropic tradition is important. Meanwhile, 86% say it's equally important to establish their own charitable identity.
#advised
23 hours ago
Internet personality and streamer Meep (meepiosaurus) revealed that she was married at 19. It wasn't a fairy tale, and she told TikTok about the red flags leading up to her wedding.
"At this moment, I was separating myself from my family," Meep prefaced her story. Now divorced, she claimed her husband "wasn't the best" in terms of character. Furthermore, she alleged that he had been physically abusive but didn't go into detail about it.
"The beginning of that pattern starts with them taking you away from your family and your friends, kind of ostracizing you from your support system," she alleged. A former prosecutor has also described dangerous men and the characteristics they have in common. Meep now recognizes the pattern, but couldn't when she was 19.
"So, I remember my dad and I were besties at the time, and I started really detaching myself from him. Stopped going to therapy," Meep said. At the time, she was supposed to be tested for bipolar disorder, but didn't push through. She told her dad she was getting married the next day while they were in a parking lot.
"I remember it was one of those conversations that was heavy, okay? And I could tell there was something more happening in that conversation, and it was something I wasn't picking up on," Meep recalled. She said she knew she was making a mistake, and her father also advised her. He allegedly told her not to sign any contract that indicated she was married to her then-boyfriend. Meep believes her dad saw through her boyfriend and thought he was taking advantage of her.
#myself
"At this moment, I was separating myself from my family," Meep prefaced her story. Now divorced, she claimed her husband "wasn't the best" in terms of character. Furthermore, she alleged that he had been physically abusive but didn't go into detail about it.
"The beginning of that pattern starts with them taking you away from your family and your friends, kind of ostracizing you from your support system," she alleged. A former prosecutor has also described dangerous men and the characteristics they have in common. Meep now recognizes the pattern, but couldn't when she was 19.
"So, I remember my dad and I were besties at the time, and I started really detaching myself from him. Stopped going to therapy," Meep said. At the time, she was supposed to be tested for bipolar disorder, but didn't push through. She told her dad she was getting married the next day while they were in a parking lot.
"I remember it was one of those conversations that was heavy, okay? And I could tell there was something more happening in that conversation, and it was something I wasn't picking up on," Meep recalled. She said she knew she was making a mistake, and her father also advised her. He allegedly told her not to sign any contract that indicated she was married to her then-boyfriend. Meep believes her dad saw through her boyfriend and thought he was taking advantage of her.
#myself
3 days ago
President Donald Trump on Thursday said he is following the upcoming Brazilian election “very closely,” referring to Brazil as a “very important" country. "The people of Brazil are fantastic people,” he told reporters outside the White House. “It’s a very important election.”
The U.S. State Department later announced the suspension of its consular services in Brazil ahead of the election taking place on Sunday, citing unspecified security concerns. “U.S. citizens seeking emergency ****** istance during this time should not come to the Embassy, the Consulates, or other U.S. diplomatic facilities,” the security alert advised.
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Brazilians are heading to the polls for a set of federal elections spanning congressional and gubernatorial races, alongside the first round of the presidential election votes. It’s set to be a decisive moment for Latin America’s largest nation, as the region has seen a shift toward the right in recent years. An Oct. 25 runoff is expected, as polls show a tight contest between leftist President Luiz Inácio Lula da Silva and far-right Sen. Flávio Bolsonaro, the son of former President Jair Bolsonaro, who was convicted last year for plotting a coup to overturn his 2022 election loss. Trump led the conservative voices denouncing the conviction, referring to the trial as a “witch hunt.”
While Trump has acknowledged his active interest as Brazil votes on its political future, there are concerns he could be too involved. Trump and his Administration have been accused of attempting to interfere with the high-stakes overseas election.
#Brazil #important #people
The U.S. State Department later announced the suspension of its consular services in Brazil ahead of the election taking place on Sunday, citing unspecified security concerns. “U.S. citizens seeking emergency ****** istance during this time should not come to the Embassy, the Consulates, or other U.S. diplomatic facilities,” the security alert advised.
Recommended Stories
Brazilians are heading to the polls for a set of federal elections spanning congressional and gubernatorial races, alongside the first round of the presidential election votes. It’s set to be a decisive moment for Latin America’s largest nation, as the region has seen a shift toward the right in recent years. An Oct. 25 runoff is expected, as polls show a tight contest between leftist President Luiz Inácio Lula da Silva and far-right Sen. Flávio Bolsonaro, the son of former President Jair Bolsonaro, who was convicted last year for plotting a coup to overturn his 2022 election loss. Trump led the conservative voices denouncing the conviction, referring to the trial as a “witch hunt.”
While Trump has acknowledged his active interest as Brazil votes on its political future, there are concerns he could be too involved. Trump and his Administration have been accused of attempting to interfere with the high-stakes overseas election.
#Brazil #important #people
4 days ago
Prince Harry is back in the spotlight after his eco-travel initiative, Travalyst, reported a five-figure loss. The Duke of Sussex launched the non-profit venture in 2019 with the goal of making travel more sustainable. Travalyst has maintained that the loss was planned and formed part of an investment in the organization's future.
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."
#planned #sussex
According to RadarOnline.com, citing Travalyst's latest annual accounts, the organization recorded a loss of around $17,000 (£13,542) in 2025. The result represented a reversal from the previous year's stronger financial position.
A Travalyst spokesperson characterized the deficit as planned and relatively small, saying, "It was a planned and small loss of £13,000, very typical of a lean, not-for-profit organisation, making a critical investment for the future." The spokesperson continued, "Travalyst remains confident in its financial oversight and strength of its partnerships."
Questions surrounding Harry's role in the venture have persisted since 2023. The Duke of Sussex was reportedly absent during the organization's "pilot phase," which saw five new board members join with "world-class expertise." He has also become less visible as the venture's public face, with his most recent appearance in a promotional video dating back to May 2022.
Harry and his wife Meghan Markle's documentary, "Cookie Queens", also reportedly failed at the box office. In an interview with Page Six, royal commentator Kinsey Schofield advised the couple to "disappear professionally."
#planned #sussex
17 days ago
Realty Income Corporation (NYSE:O) announced on September 14 a European property venture in which capital accounts advised by KKR & Co. Inc. (NYSE:KKR) intend to invest €528 million for a 49% interest. Closing is expected September 30, subject to customary conditions.
Realty Income Corporation (NYSE:O) would receive approximately €528 million in gross proceeds while retaining 51% ownership and day-to-day ******* et management. The contributed portfolio carries a 5.9% effective initial capitalization rate after recurring management fees. The question is whether redeploying the capital and earning fees can more than offset the rental economics transferred to the partner.
The venture could provide another funding source for acquisitions. Selling a minority interest in existing properties can release capital while preserving operational continuity. It also gives management an alternative when public equity or debt financing offers less attractive terms.
Management fees add a second source of income alongside retained property earnings. Realty Income Corporation (NYSE:O) could use its existing European operating platform to manage the venture, potentially spreading overhead across a broader pool of investor capital. The benefit depends on fee revenue exceeding the incremental costs of providing those services.
The structure includes a further source of potential upside. Realty Income Corporation (NYSE:O) would have an option to redeem the partner's interest after year 10 and through year 17. The redemption price would provide a capped internal rate of return, an annualized return accounting for cash-flow timing, expected at 6.3% to 6.5% and finalized at closing.
#NYSE #corporation #management #source
Realty Income Corporation (NYSE:O) would receive approximately €528 million in gross proceeds while retaining 51% ownership and day-to-day ******* et management. The contributed portfolio carries a 5.9% effective initial capitalization rate after recurring management fees. The question is whether redeploying the capital and earning fees can more than offset the rental economics transferred to the partner.
The venture could provide another funding source for acquisitions. Selling a minority interest in existing properties can release capital while preserving operational continuity. It also gives management an alternative when public equity or debt financing offers less attractive terms.
Management fees add a second source of income alongside retained property earnings. Realty Income Corporation (NYSE:O) could use its existing European operating platform to manage the venture, potentially spreading overhead across a broader pool of investor capital. The benefit depends on fee revenue exceeding the incremental costs of providing those services.
The structure includes a further source of potential upside. Realty Income Corporation (NYSE:O) would have an option to redeem the partner's interest after year 10 and through year 17. The redemption price would provide a capped internal rate of return, an annualized return accounting for cash-flow timing, expected at 6.3% to 6.5% and finalized at closing.
#NYSE #corporation #management #source
18 days ago
Aristotle International Equity Fund, sub-advised by Aristotle Capital Management, LLC, released its second-quarter 2026 investor letter. The letter can be downloaded here. Global equity markets reached record highs in Q2, with the MSCI ACWI Index rising 14.93%, while global fixed income grew modestly by 0.87%. Geopolitical tensions, particularly in the Middle East, affected energy markets and investor sentiment, highlighting volatility and fragility in global supply. Central banks reacted variably to inflationary pressures, with the ECB raising rates amidst concerns of stagflation, while the Fed and Bank of England held rates steady. Despite economic challenges, robust earnings continued in Europe and Asia, driven by AI infrastructure demand. The Aristotle International Equity Fund (Class I-2) recorded an 8.40% return in the quarter, underperforming both the MSCI EAFE Index, which returned 10.82%, and the MSCI ACWI ex USA Index, which returned 14.49%. Going forward, the fund remains focused on quality investments as geopolitical and macroeconomic complexities make forecasting returns challenging. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Aristotle International Equity Fund highlighted Unilever PLC (NYSE:UL). Unilever PLC (NYSE:UL) is a British consumer goods giant, that sell products across food, homecare, beauty, and personal care categories. On September 17, 2026, Unilever PLC (NYSE:UL) closed at $62.22 per share. Over the past month, Unilever PLC (NYSE:UL) declined 2.99%, but its shares are down 5.09% over the past year. Unilever PLC (NYSE:UL) has a market capitalization of $133.98 billion, and its stock has traded within a 52-week range of $54.75 to $74.98.
Aristotle International Equity Fund stated the following regarding Unilever PLC (NYSE:UL) in its Q2 2026 investor letter:
"We first invested in Unilever PLC (NYSE:UL), the global consumer staples company, in the second quarter of 2013. We have long been attracted to the company's broad portfolio of leading personal care and food brands (such as Dove, Knorr and Axe), global scale, significant emerging markets exposure and strong position across everyday use categories. Over our more than decade-long holding period, Unilever strengthened and simplified its portfolio, divesting lower-growth food ***** ets, improving efficiency, increasing focus behind its largest brands and shifting the business toward faster-growing, higher-margin beauty, wellbeing, personal care and home care categories. More recently, the separation of the ice cream business and continued reshaping of the food portfolio have further narrowed Unilever's strategic focus. While we continue to view the remaining Unilever franchise as high quality, we believe the more compelling opportunity now resides in the independent ice cream business, where dedicated management and a category-specific strategy should provide a clearer pa
In its second-quarter 2026 investor letter, Aristotle International Equity Fund highlighted Unilever PLC (NYSE:UL). Unilever PLC (NYSE:UL) is a British consumer goods giant, that sell products across food, homecare, beauty, and personal care categories. On September 17, 2026, Unilever PLC (NYSE:UL) closed at $62.22 per share. Over the past month, Unilever PLC (NYSE:UL) declined 2.99%, but its shares are down 5.09% over the past year. Unilever PLC (NYSE:UL) has a market capitalization of $133.98 billion, and its stock has traded within a 52-week range of $54.75 to $74.98.
Aristotle International Equity Fund stated the following regarding Unilever PLC (NYSE:UL) in its Q2 2026 investor letter:
"We first invested in Unilever PLC (NYSE:UL), the global consumer staples company, in the second quarter of 2013. We have long been attracted to the company's broad portfolio of leading personal care and food brands (such as Dove, Knorr and Axe), global scale, significant emerging markets exposure and strong position across everyday use categories. Over our more than decade-long holding period, Unilever strengthened and simplified its portfolio, divesting lower-growth food ***** ets, improving efficiency, increasing focus behind its largest brands and shifting the business toward faster-growing, higher-margin beauty, wellbeing, personal care and home care categories. More recently, the separation of the ice cream business and continued reshaping of the food portfolio have further narrowed Unilever's strategic focus. While we continue to view the remaining Unilever franchise as high quality, we believe the more compelling opportunity now resides in the independent ice cream business, where dedicated management and a category-specific strategy should provide a clearer pa
19 days ago
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OpenAI ruled out an initial public offering for 2026 on Saturday, pointing to unresolved safety concerns around rapidly advancing artificial intelligence and the need to address alignment challenges facing the industry.
"Right now would be an ill-advised moment to go public, and we don't feel pressure on that," CEO Sam Altman told Fortune.
When Fortune asked whether 2027 was more realistic than 2026, he said, "I would say not 2026. We have a lot of work to do, including meeting the safety and alignment requirements of this moment and figuring out how the industry and governments can work together."
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#fortune #public #work
OpenAI ruled out an initial public offering for 2026 on Saturday, pointing to unresolved safety concerns around rapidly advancing artificial intelligence and the need to address alignment challenges facing the industry.
"Right now would be an ill-advised moment to go public, and we don't feel pressure on that," CEO Sam Altman told Fortune.
When Fortune asked whether 2027 was more realistic than 2026, he said, "I would say not 2026. We have a lot of work to do, including meeting the safety and alignment requirements of this moment and figuring out how the industry and governments can work together."
Don't Miss:
#fortune #public #work
19 days ago
HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator, has appointed Hubert Marleau as an independent director at BUZZ HPC.
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
19 days ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
20 days ago
The National Payments Corporation of India (NPCI) will introduce a 0.4% merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding Rs2,000 ($20.8).
The charges will be applied from 15 October.
The measure follows a legislative amendment passed earlier this week that authorised fees on UPI transactions above the threshold. Customers will not pay the MDR directly, and banks have been advised to ensure that merchants do not pass the charge on to customers.
NPCI said revenue from the levy will support investment in system resilience, technological innovation, cybersecurity, and customer service.
UPI, India's instant payments system, processed 24 billion transactions worth $311bn in August, according to a Reuters report.
#payments #transactions #India
The charges will be applied from 15 October.
The measure follows a legislative amendment passed earlier this week that authorised fees on UPI transactions above the threshold. Customers will not pay the MDR directly, and banks have been advised to ensure that merchants do not pass the charge on to customers.
NPCI said revenue from the levy will support investment in system resilience, technological innovation, cybersecurity, and customer service.
UPI, India's instant payments system, processed 24 billion transactions worth $311bn in August, according to a Reuters report.
#payments #transactions #India
22 days ago
On August 5, Clear Channel Outdoor Holdings Inc. (NYSE:CCO) reported second-quarter results that showed the billboard and airport advertising company accelerating just as it prepares to leave the public markets. On February 9, Clear Channel agreed to be acquired by an investor consortium advised by Mubadala Capital for $2.43 per share, a deal stockholders approved on May 12, and one expected to close by the end of the third quarter of 2026. Because of the pending Merger, Clear Channel skipped its usual earnings call and offered no forward guidance.
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.
#channel #revenue #airports #operations
Consolidated revenue climbed 8.7% to $438.0 million in the quarter and 10.2% to $811.9 million over the first half, with the 2026 FIFA World Cup pulling in extra advertising spend across both of Clear Channel's segments. The America division, which houses the roadside billboard and street furniture business, grew revenue 7% to $324.3 million as demand from technology advertisers in the San Francisco/Bay Area market broadened out and digital billboard revenue rose 7.2% to $122 million. Airports revenue jumped 14% to $113.6 million, helped by strong demand at San Francisco
International Airport and digital sales that climbed 15.6% to $73.4 million, with national advertisers now accounting for 57.8% of that segment's revenue. Profitability grew even faster than the top line. Adjusted EBITDA rose 11.6% to $143.4 million for the quarter and 19% to $247.3 million for the first half, while Airports Segment Adjusted EBITDA jumped 22.8% to $29.9 million. Adjusted Funds From Operations climbed 61.6% to $44.9 million in the quarter, and for the first half it went from just $5 million a year ago to $51.5 million. On August 4, Clear Channel also closed the sale of its Spain business for about $132.3 million, proceeds it plans to put toward paying down debt.
The growth did not reach the bottom line. Clear Channel posted a loss from continuing operations of $10 million in the quarter, reversing a $6.3 million profit a year earlier, and the consolidated net loss came to $5 million versus net income of $10.6 million in the same period of 2025. Over six months, the loss from continuing operations widened 21.4% to $59.4 million. Costs rose alongside revenue. Direct operating and SG&A expenses increased 5.9% for the quarter, and Airports site lease expense alone jumped 12.0% to $67.1 million on higher minimum guaranteed payments and the renewed contract with the Metropolitan Washington Airports Authority.
#channel #revenue #airports #operations
22 days ago
U.S. stocks fell Monday as calls from major AI company leaders to slow development of the technology rattled chip stocks, while surging oil prices added to pressure on equities.
The S&P 500 shed 0.7%, the Nasdaq Composite gave back 1.2%, and the Dow Jones Industrial Average finished 140 points lower, a decline of 0.3%.
Anthropic CEO Dario Amodei argued in an essay Saturday that AI companies need to reduce the pace of innovation on their most capable models due to safety risks. Amodei told CBS News on Sunday that the "toughest dilemma" posed by any such proposal involves the question of whether China would agree to do the same. OpenAI CEO Sam Altman said in a separate Saturday interview that an IPO this year would be "ill-advised," according to CNBC.
Nvidia and Broadcom each lost 3%. Advanced Micro Devices, Intel, and Marvell Technology posted steeper losses of 5%, 7%, and 8%, respectively. CoreWeave stock dropped 7%.
Oil prices added to the pressure on stocks. Brent crude futures advanced 4%, topping $108 a barrel, and West Texas Intermediate crude futures gained 3%, clearing $103 a barrel. Saudi Arabia shut down its East-West oil pipeline — a route used to bypass the Strait of Hormuz — after the pipeline sustained multiple drone attacks. The shutdown comes as instability across the Middle East continues to widen. It was the first time U.S. crude had traded above $100 a barrel since May.
#stocks #amodei #west
The S&P 500 shed 0.7%, the Nasdaq Composite gave back 1.2%, and the Dow Jones Industrial Average finished 140 points lower, a decline of 0.3%.
Anthropic CEO Dario Amodei argued in an essay Saturday that AI companies need to reduce the pace of innovation on their most capable models due to safety risks. Amodei told CBS News on Sunday that the "toughest dilemma" posed by any such proposal involves the question of whether China would agree to do the same. OpenAI CEO Sam Altman said in a separate Saturday interview that an IPO this year would be "ill-advised," according to CNBC.
Nvidia and Broadcom each lost 3%. Advanced Micro Devices, Intel, and Marvell Technology posted steeper losses of 5%, 7%, and 8%, respectively. CoreWeave stock dropped 7%.
Oil prices added to the pressure on stocks. Brent crude futures advanced 4%, topping $108 a barrel, and West Texas Intermediate crude futures gained 3%, clearing $103 a barrel. Saudi Arabia shut down its East-West oil pipeline — a route used to bypass the Strait of Hormuz — after the pipeline sustained multiple drone attacks. The shutdown comes as instability across the Middle East continues to widen. It was the first time U.S. crude had traded above $100 a barrel since May.
#stocks #amodei #west
26 days ago
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Investor Ross Gerber on Monday advised Tesla Inc. owners to refrain from participating in the EV giant's Airbnb Inc.-like Robotaxi service rollout amid the Cybercab launch.
In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk's vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc.. "So tesla sells the cybercab to other "fleet managers" and takes a cut of the revenue for managing the system plus the sale price," the investor said in his post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#gerber #finance
Investor Ross Gerber on Monday advised Tesla Inc. owners to refrain from participating in the EV giant's Airbnb Inc.-like Robotaxi service rollout amid the Cybercab launch.
In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk's vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc.. "So tesla sells the cybercab to other "fleet managers" and takes a cut of the revenue for managing the system plus the sale price," the investor said in his post.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#gerber #finance
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to go
26 days ago
Third quarter, down 10-0: "Well, it's not like 2025 started that great, either."
Fourth quarter, as Drake Maye lofts the illest-advised pass of his career to your new favorite player, Joshua Jobe, Esq.: "Knew it. They had it all the way."
With a season-opening 13-10 rope-a-doping of Maye and his New England Patriots, the Seattle Seahawks began their Super Bowl defense the right way. The confounding questions surrounding the secondary were answered with three picks in the final frame, and the thorniest question about depth was answered when Drew Lock essentially saved the day in relief of Sam Darnold.
Yes, it took Seattle three nigh-unwatchable quarters to get the bugs out. But once that fumigation was done, we were treated to an evening of fun-igation, punctuated with everything a championship team does when it's not quite ready to relinquish its **** le. Including having a kicker who knocks 'em through the uprights. Did I mention they answered just about all the preseason questions we had?
But first, as is their modus operandi, the Hawks had to torture us like 53 grown versions of Sid Phillips, or maybe the pigeons from that old Bud Light commercial, you know, the ones who see **** targets on every car. Yes that's it, felt like **** targets. Every time something cool happened, something stinky hit the fan and made you guano tear your hair out.
#quarter
Fourth quarter, as Drake Maye lofts the illest-advised pass of his career to your new favorite player, Joshua Jobe, Esq.: "Knew it. They had it all the way."
With a season-opening 13-10 rope-a-doping of Maye and his New England Patriots, the Seattle Seahawks began their Super Bowl defense the right way. The confounding questions surrounding the secondary were answered with three picks in the final frame, and the thorniest question about depth was answered when Drew Lock essentially saved the day in relief of Sam Darnold.
Yes, it took Seattle three nigh-unwatchable quarters to get the bugs out. But once that fumigation was done, we were treated to an evening of fun-igation, punctuated with everything a championship team does when it's not quite ready to relinquish its **** le. Including having a kicker who knocks 'em through the uprights. Did I mention they answered just about all the preseason questions we had?
But first, as is their modus operandi, the Hawks had to torture us like 53 grown versions of Sid Phillips, or maybe the pigeons from that old Bud Light commercial, you know, the ones who see **** targets on every car. Yes that's it, felt like **** targets. Every time something cool happened, something stinky hit the fan and made you guano tear your hair out.
#quarter
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to go
30 days ago
Hurricane Marie, well out in the Pacific, created flooding and dangerous conditions at some southern California beaches over Labor Day weekend, with strong currents and huge waves presenting a threat to swimmers and surfers.
Rose Schoenfeld, a National Weather Service meteorologist, said Sunday that Marie stirred up "life-threatening" conditions as it churned in the ocean hundreds of miles off California's Pacific coast. Some south-facing beaches have seen surf up to 10 feet (3 meters) high, she said.
"We're getting reports from lifeguards that the surf conditions are very dangerous, specifically the rip currents," Schoenfeld said.
Hurricane Marie won't make landfall and is expected to weaken to a tropical storm by late Sunday, but will still but will still bring rain to parts of Los Angeles County before it dissipates. Some parts of the area have already seen as much as a quarter inch of rain Sunday, Schoenfeld said.
The National Weather Service advised people to swim only near lifeguards and to stay off rock jetties.
#schoenfeld #pacific #service
Rose Schoenfeld, a National Weather Service meteorologist, said Sunday that Marie stirred up "life-threatening" conditions as it churned in the ocean hundreds of miles off California's Pacific coast. Some south-facing beaches have seen surf up to 10 feet (3 meters) high, she said.
"We're getting reports from lifeguards that the surf conditions are very dangerous, specifically the rip currents," Schoenfeld said.
Hurricane Marie won't make landfall and is expected to weaken to a tropical storm by late Sunday, but will still but will still bring rain to parts of Los Angeles County before it dissipates. Some parts of the area have already seen as much as a quarter inch of rain Sunday, Schoenfeld said.
The National Weather Service advised people to swim only near lifeguards and to stay off rock jetties.
#schoenfeld #pacific #service
1 month ago
Beyond the defeat to AS Monaco last Sunday, it was a bad way for Olympique de Marseille, who lost two players to injury. Geoffrey Kondogbia suffered a muscular injury and, as confirmed by Bruno Genesio, won't be fit to face Paris FC this weekend.
Tochukwu Nnadi sustained a more serious injury. The Nigerian only came on at half-time but did not see out the match. He withdrew with what looked to be a serious knee injury. An ACL injury was feared. The injury is indeed serious, and it is suspected that it is an ACL. Speaking to La Provence, Nnadi's agent revealed that many consultants advised immediate surgery.
However, he has opted against surgery in order to ensure a quicker return. "We are aware of the risks. We know that he could feel pain. We know that it won't be easy, but it is Nnadi's decision," said his agent, who added that the midfielder "could not abandon OM at such a time".
Genesio is lacking options in midfield. Speaking on Friday, he revealed that he had tested full-back Ulisses Garcia in the position.
GFFN | Luke Entwistle
#won 't
Tochukwu Nnadi sustained a more serious injury. The Nigerian only came on at half-time but did not see out the match. He withdrew with what looked to be a serious knee injury. An ACL injury was feared. The injury is indeed serious, and it is suspected that it is an ACL. Speaking to La Provence, Nnadi's agent revealed that many consultants advised immediate surgery.
However, he has opted against surgery in order to ensure a quicker return. "We are aware of the risks. We know that he could feel pain. We know that it won't be easy, but it is Nnadi's decision," said his agent, who added that the midfielder "could not abandon OM at such a time".
Genesio is lacking options in midfield. Speaking on Friday, he revealed that he had tested full-back Ulisses Garcia in the position.
GFFN | Luke Entwistle
#won 't
1 month ago
Former Real Madrid captain Dani Carvajal reportedly played a key role in the club's decision not to pursue Rodri, with Gerard Romero claiming the defender warned the Spanish giants about the potential impact the midfielder's arrival could have on the dressing room.
It is to be noted that the former Manchester City midfielder had previously left the door open to a move to Madrid, and talks were held between the player's representatives and the club.
Real Madrid were therefore in the picture before Rodri ultimately chose Barcelona.
The midfielder's decision has been attributed to the appeal of Barça's tactical model and Hansi Flick's sporting project, but Romero has now offered a completely different explanation for why the Madrid move did not happen.
According to the Spanish journalist, Carvajal advised Real Madrid against signing Rodri because of concerns about the effect the transfer could have inside the dressing room.
#romero #former
It is to be noted that the former Manchester City midfielder had previously left the door open to a move to Madrid, and talks were held between the player's representatives and the club.
Real Madrid were therefore in the picture before Rodri ultimately chose Barcelona.
The midfielder's decision has been attributed to the appeal of Barça's tactical model and Hansi Flick's sporting project, but Romero has now offered a completely different explanation for why the Madrid move did not happen.
According to the Spanish journalist, Carvajal advised Real Madrid against signing Rodri because of concerns about the effect the transfer could have inside the dressing room.
#romero #former
1 month ago
IPO Edge hosted a fireside chat on Aug. 26 at Nasdaq MarketSite with Brittany Kaiser, Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP). The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed how the company is building the infrastructure AI runs on with a focus on data privacy, and how its vertically integrated business model is boosting compute revenue.
About Brittany Kaiser
Brittany Kaiser is Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP), where she leads strategy in confidential computing, data sovereignty, and AI infrastructure. A globally recognized authority on data rights, digital **** ets, and AI governance, she became a leading voice in the modern privacy movement after serving as a whistleblower in the Cambridge **** ytica scandal.
Kaiser is the author of the international bestseller Targeted and the principal subject of the Emmy- and BAFTA-nominated Netflix documentary The Great Hack. She has advised U.S. congressional committees, governments, and regulators on data ownership, digital **** et policy, and responsible AI, and co-authored legislation shaping the digital economy. A serial entrepreneur and advocate, she is also Co-Founder and President of the Own Your Data Foundation and a sought-after keynote speaker worldwide.
About Alpha Compute Corp (Nasdaq: ALP)
Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated AI infrastructure company specializing in GPU-as-a-service and AI Confidential Compute. Alpha Compute's mission is to support clients, subsidiaries, and partners across critical sectors including: finance, defense, intelligence, and media with the essential framework for any organization requiring secure, confidential computing environments. For more information, please visit: https://www.alphacompute.a...
Alpha Compute Corp is domiciled in the British Virgin Islands with offices in New York, Los Angeles, Miami, Amsterdam and Toronto. Alpha Compute is a founding partner of the Right2Compute Coalition; more information is available at www.right2compute.com.
#compute #alpha #chief #infrastructure
About Brittany Kaiser
Brittany Kaiser is Chief Executive Officer of Alpha Compute Corp. (Nasdaq: ALP), where she leads strategy in confidential computing, data sovereignty, and AI infrastructure. A globally recognized authority on data rights, digital **** ets, and AI governance, she became a leading voice in the modern privacy movement after serving as a whistleblower in the Cambridge **** ytica scandal.
Kaiser is the author of the international bestseller Targeted and the principal subject of the Emmy- and BAFTA-nominated Netflix documentary The Great Hack. She has advised U.S. congressional committees, governments, and regulators on data ownership, digital **** et policy, and responsible AI, and co-authored legislation shaping the digital economy. A serial entrepreneur and advocate, she is also Co-Founder and President of the Own Your Data Foundation and a sought-after keynote speaker worldwide.
About Alpha Compute Corp (Nasdaq: ALP)
Alpha Compute Corp. (Nasdaq: ALP) is a vertically integrated AI infrastructure company specializing in GPU-as-a-service and AI Confidential Compute. Alpha Compute's mission is to support clients, subsidiaries, and partners across critical sectors including: finance, defense, intelligence, and media with the essential framework for any organization requiring secure, confidential computing environments. For more information, please visit: https://www.alphacompute.a...
Alpha Compute Corp is domiciled in the British Virgin Islands with offices in New York, Los Angeles, Miami, Amsterdam and Toronto. Alpha Compute is a founding partner of the Right2Compute Coalition; more information is available at www.right2compute.com.
#compute #alpha #chief #infrastructure
1 month ago
Lowell High School's championship varsity baseball team will be forced to forfeit three future games against city rivals while its entire coaching staff has been removed, district officials announced Monday while releasing the results of investigations into a racially charged incident last spring.
"The school will find an interim coach for this season and conduct a search for a permanent coach for next season," officials said.
School administrators advised Lowell baseball parents and players of the decisions in a virtual meeting scheduled for early evening.
"We want to emphasize that there is no place for racism, discrimination, or racialized harm in the Lowell community or anywhere in SFUSD," district officials said in a statement obtained by the Chronicle prior to the meeting. "We encourage anyone who has experienced or witnessed racialized harm that has gone unaddressed to report it to school officials so that concerns can be appropriately addressed."
While the officials did not release specific information about the investigation, sources inside the Lowell community told the Chronicle in May that it appeared to be connected to alleged race-based taunting by Lowell's varsity players during a junior varsity game against Lincoln High at which the varsity coaches were present.
#officials #high #chronicle #coach
"The school will find an interim coach for this season and conduct a search for a permanent coach for next season," officials said.
School administrators advised Lowell baseball parents and players of the decisions in a virtual meeting scheduled for early evening.
"We want to emphasize that there is no place for racism, discrimination, or racialized harm in the Lowell community or anywhere in SFUSD," district officials said in a statement obtained by the Chronicle prior to the meeting. "We encourage anyone who has experienced or witnessed racialized harm that has gone unaddressed to report it to school officials so that concerns can be appropriately addressed."
While the officials did not release specific information about the investigation, sources inside the Lowell community told the Chronicle in May that it appeared to be connected to alleged race-based taunting by Lowell's varsity players during a junior varsity game against Lincoln High at which the varsity coaches were present.
#officials #high #chronicle #coach
1 month ago
Moses Itauma has been advised to learn from his devastating knockout loss to Filip Hrgovic and harness his speed to become a world champion.
Itauma, 21, was impressing throughout his world IBF world heavyweight ******* le fight against the experienced and talented Croatian, who featured at the 2016 Olympics.
Despite taking a knee in the second round, the 34-year-old rallied to produce a thrilling comeback and forced a stoppage in the ninth round.
And after one of the biggest shocks of the year in boxing, a host of fighters have shared their view on how the mercurial Briton can bounce back to fulfil his talent after this major setback, including four-weight world champion Shakur Stevenson.
"Unbelievable talent and skills," Stevenson remarked on Itauma's performance. "He's young and will be a champion one day if he learn from that.
#stevenson
Itauma, 21, was impressing throughout his world IBF world heavyweight ******* le fight against the experienced and talented Croatian, who featured at the 2016 Olympics.
Despite taking a knee in the second round, the 34-year-old rallied to produce a thrilling comeback and forced a stoppage in the ninth round.
And after one of the biggest shocks of the year in boxing, a host of fighters have shared their view on how the mercurial Briton can bounce back to fulfil his talent after this major setback, including four-weight world champion Shakur Stevenson.
"Unbelievable talent and skills," Stevenson remarked on Itauma's performance. "He's young and will be a champion one day if he learn from that.
#stevenson
1 month ago
Fabrizio Romano has advised Liverpool fans to 'stay tuned' for the possibility of a 'surprising' transfer to Anfield in the final three days of the summer transfer window.
The Reds are reportedly on the verge of completing the marquee addition of Bradley Barcola from Paris Saint-Germain in a deal which could reach £123m, but it seems increasingly likely that Cody Gakpo may be on his way out of Merseyside amid a prospective bid from Manchester City.
Even if those two transfers materialise, it appears that Richard Hughes could seek to bring in one more winger before the Tuesday night deadline.
Romano posted an update on his eponymous YouTube channel on Sunday morning in which he indicated that Liverpool haven't given up on a potential last-minute swoop for Ismaila Sarr and could yet pivot to a different option in the next 48 hours.
He explained: "For Liverpool fans, we have to understand who's going to be the replacement. It could be at any moment so stay tuned. It could be in the next hours.
#stay #tuned #transfer #fabrizio
The Reds are reportedly on the verge of completing the marquee addition of Bradley Barcola from Paris Saint-Germain in a deal which could reach £123m, but it seems increasingly likely that Cody Gakpo may be on his way out of Merseyside amid a prospective bid from Manchester City.
Even if those two transfers materialise, it appears that Richard Hughes could seek to bring in one more winger before the Tuesday night deadline.
Romano posted an update on his eponymous YouTube channel on Sunday morning in which he indicated that Liverpool haven't given up on a potential last-minute swoop for Ismaila Sarr and could yet pivot to a different option in the next 48 hours.
He explained: "For Liverpool fans, we have to understand who's going to be the replacement. It could be at any moment so stay tuned. It could be in the next hours.
#stay #tuned #transfer #fabrizio
1 month ago
New York Giants quarterback Jaxson Dart is entering his sophomore season with a new head coach and a plethora of new teammates. Yet, there's one particular teammate who joined the franchise in 2025 who will work most closely with Dart, hoping to boost his morale: veteran quarterback Jameis Winston.
Dart's rookie stint was fairly impressive; he tallied nine rushing touchdowns, 15 passing touchdowns, and just five interceptions. Nevertheless, a few ill-advised risks led Dart to take some big hits, which resulted in concussion protocol mandates.
Dart already has the intangibles to succeed in the NFL, but it's all about execution from this point forward. In Dart's second year, he'll be greatly edified by this wisdom from head coach John Harbaugh and feed off of the charismatic aura of Winston.
Winston has been intentionally thorough with his play in the preseason, posting a QB Rating of 91.4, 15 completions, and 150 yards in the most recent 26-3 exhibition win over the Miami Dolphins. Winston also posted just one incompletion and averaged 9.9 yards per passing attempt in the preseason opener versus the Minnesota Vikings on Aug 15.
Ultimately, Winston's preseason play should leave Dart with an undertone of resilience, a point of reference that Dart will want to replicate when the regular season starts.
#touchdowns #point
Dart's rookie stint was fairly impressive; he tallied nine rushing touchdowns, 15 passing touchdowns, and just five interceptions. Nevertheless, a few ill-advised risks led Dart to take some big hits, which resulted in concussion protocol mandates.
Dart already has the intangibles to succeed in the NFL, but it's all about execution from this point forward. In Dart's second year, he'll be greatly edified by this wisdom from head coach John Harbaugh and feed off of the charismatic aura of Winston.
Winston has been intentionally thorough with his play in the preseason, posting a QB Rating of 91.4, 15 completions, and 150 yards in the most recent 26-3 exhibition win over the Miami Dolphins. Winston also posted just one incompletion and averaged 9.9 yards per passing attempt in the preseason opener versus the Minnesota Vikings on Aug 15.
Ultimately, Winston's preseason play should leave Dart with an undertone of resilience, a point of reference that Dart will want to replicate when the regular season starts.
#touchdowns #point
1 month ago
Earlier this week, PGA Tour CEO Brian Rolapp stated that the PGA was re-evaluating Good Good Golf's sponsorship of its Austin, Texas, tour stop, which was set to begin in November.
"It's a bit of a fluid situation," he told reporters while expressing his disappointment with the way the YouTube channel-turned-golf brand had handled the fallout from an ill-advised ad for a co-branded Callaway driver that featured the company's CEO pushing a woman to the ground and yelling at her not to touch his golf club.
That fluid situation seems to have solidified, as both Good Good and the PGA announced Thursday that the brand will "step away" as sponsor of the Austin tour event.
"We recognize that we have work to do as an organization, and our focus right now is on our team, our culture, and ensuring we learn from this situation," Good Good said in a statement on its social media accounts. "We are grateful for our relationship with the PGA Tour and appreciate their partnership over the years. We remain committed to earning back trust, and we hope to work together in the future."
"We agree with their decision to use this time to focus on their organization and the work ahead," said the PGA Tour in a statement. "The PGA Tour believes in golf's ability to bring people together and create a welcoming environment for all."
#tour #situation #organization
"It's a bit of a fluid situation," he told reporters while expressing his disappointment with the way the YouTube channel-turned-golf brand had handled the fallout from an ill-advised ad for a co-branded Callaway driver that featured the company's CEO pushing a woman to the ground and yelling at her not to touch his golf club.
That fluid situation seems to have solidified, as both Good Good and the PGA announced Thursday that the brand will "step away" as sponsor of the Austin tour event.
"We recognize that we have work to do as an organization, and our focus right now is on our team, our culture, and ensuring we learn from this situation," Good Good said in a statement on its social media accounts. "We are grateful for our relationship with the PGA Tour and appreciate their partnership over the years. We remain committed to earning back trust, and we hope to work together in the future."
"We agree with their decision to use this time to focus on their organization and the work ahead," said the PGA Tour in a statement. "The PGA Tour believes in golf's ability to bring people together and create a welcoming environment for all."
#tour #situation #organization
1 month ago
Democratic strategist Chuck Rocha said Wednesday he expected President Trump's endorsement of Sen. Darline Graham (R-S.C.) to lead to a wider margin of victory for her in Tuesday's GOP Senate runoff.
Rocha explained in an appearance on NewsNation's "Cuomo" that he thought Graham would win but "didn't think it would be this close" given Trump backed the senator.
She defeated Rep. Ralph Norman (R-S.C.) by just less than 5 points in the state's runoff, securing a spot on the general election ballot in place of her brother, the late Sen. Lindsey Graham (R-S.C.).
The GOP nominee will now face Democrat Annie Andrews in the general election, with Decision Desk HQ giving the Republican an 81 percent chance to win as of Tuesday.
Rocha, who advised Sen. Bernie Sanders (I-Vt.) during his two unsuccessful presidential campaigns, noted that Darline Graham's narrow runoff victory does not lead him to believe Andrews will win.
#rocha #darline #lead #victory
Rocha explained in an appearance on NewsNation's "Cuomo" that he thought Graham would win but "didn't think it would be this close" given Trump backed the senator.
She defeated Rep. Ralph Norman (R-S.C.) by just less than 5 points in the state's runoff, securing a spot on the general election ballot in place of her brother, the late Sen. Lindsey Graham (R-S.C.).
The GOP nominee will now face Democrat Annie Andrews in the general election, with Decision Desk HQ giving the Republican an 81 percent chance to win as of Tuesday.
Rocha, who advised Sen. Bernie Sanders (I-Vt.) during his two unsuccessful presidential campaigns, noted that Darline Graham's narrow runoff victory does not lead him to believe Andrews will win.
#rocha #darline #lead #victory
1 month ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Nvidia Corp. (NASDAQ:NVDA) reports earnings after the bell Wednesday, with Wall Street expecting quarterly revenue of about $92.2 billion, nearly double a year earlier.
But for Adam Curran, portfolio manager of the Yorkville-advised Truth Social God Bless America ETF (NYSE:YALL), the Nvidia thesis is broader than any single quarter. He argues it doesn't depend on today's AI leaders staying on top.
"The reason we own it is because I'm of the thought that pioneers die with arrows in their backs," Curran told Benzinga.
Curran argues Nvidia is less exposed to which AI model or application ultimately wins because demand for computing infrastructure cuts across the industry.
#NVIDIA #curran #NASDAQ
Nvidia Corp. (NASDAQ:NVDA) reports earnings after the bell Wednesday, with Wall Street expecting quarterly revenue of about $92.2 billion, nearly double a year earlier.
But for Adam Curran, portfolio manager of the Yorkville-advised Truth Social God Bless America ETF (NYSE:YALL), the Nvidia thesis is broader than any single quarter. He argues it doesn't depend on today's AI leaders staying on top.
"The reason we own it is because I'm of the thought that pioneers die with arrows in their backs," Curran told Benzinga.
Curran argues Nvidia is less exposed to which AI model or application ultimately wins because demand for computing infrastructure cuts across the industry.
#NVIDIA #curran #NASDAQ
1 month ago
Bella Mir, the daughter of former multiple-time UFC heavyweight champion Frank Mir, entered week 3 of Dana White's Contender Series 10 on Tuesday as a heavy favorite to win. Instead, the 23-year-old suffered her first career defeat.
Mir headlined the fight card pitted against Alex Apodaca. Apodaca's takedown defense proved effective against the NCAA champion wrestler and was able to score a unanimous decision upset.
UFC CEO Dana White has known Mir for years and even advised her about her future paths not long ago. He has a close relationship with the multi-sport athlete and weighed in on her loss during the event's post-fight press conference.
"I was extremely biased coming into tonight. I've been close to her for over four years," White said. "Four years ago, she came to me and wanted to sort of map out her future. I'm the one that talked her into going to college, you know, and waiting, you know, getting a wrestling background in college, do some great things there, and then come here and, you know …"
Mir entered the Meta Apex in Las Vegas on Tuesday with a 4-0 professional record. Apodaca was 3-1, but White believes Mir's inexperience played a role. She had only gone the distance once before while all of Apodaca's fights were settled on the scorecards.
#white #apodaca #champion #fight
Mir headlined the fight card pitted against Alex Apodaca. Apodaca's takedown defense proved effective against the NCAA champion wrestler and was able to score a unanimous decision upset.
UFC CEO Dana White has known Mir for years and even advised her about her future paths not long ago. He has a close relationship with the multi-sport athlete and weighed in on her loss during the event's post-fight press conference.
"I was extremely biased coming into tonight. I've been close to her for over four years," White said. "Four years ago, she came to me and wanted to sort of map out her future. I'm the one that talked her into going to college, you know, and waiting, you know, getting a wrestling background in college, do some great things there, and then come here and, you know …"
Mir entered the Meta Apex in Las Vegas on Tuesday with a 4-0 professional record. Apodaca was 3-1, but White believes Mir's inexperience played a role. She had only gone the distance once before while all of Apodaca's fights were settled on the scorecards.
#white #apodaca #champion #fight
1 month ago
Wide receivers can be a little tricky in fantasy football. While you want to target players who are the No. 1 receiver on their team, it is not advised to draft a receiver who is the only target on the team.
That is why Houston Texans wide receiver Jayden Higgins' season-ending torn ACL may have actually hurt receiver Nico Collins' fantasy stock a little.
The top wide receivers in fantasy generally have another talented receiver paired with them. Ja'Marr Chase with the Cincinnati Bengals has Tee Higgins. Puka Nacua with the Los Angeles Rams has Davante Adams. Justin Jefferson with the Minnesota Vikings has Jordan Addison.
Collins had Higgins, but now there is a bigger gap between the No. 1 and No. 2 receiver on the roster.
Houston still has tight end Dalton Schultz, who was actually second on the Texans in receiving yards last year, so there are other targets defenders will have to deal with. However, since Higgins is now out for the season, it will be easier for opposing defenders to double-team Collins and Schultz since they will feel more comfortable leaving receivers like Xavier Hutchinson and newcomers Zay Jones and Sterling Shepard one-on-one.
#receivers #houston
That is why Houston Texans wide receiver Jayden Higgins' season-ending torn ACL may have actually hurt receiver Nico Collins' fantasy stock a little.
The top wide receivers in fantasy generally have another talented receiver paired with them. Ja'Marr Chase with the Cincinnati Bengals has Tee Higgins. Puka Nacua with the Los Angeles Rams has Davante Adams. Justin Jefferson with the Minnesota Vikings has Jordan Addison.
Collins had Higgins, but now there is a bigger gap between the No. 1 and No. 2 receiver on the roster.
Houston still has tight end Dalton Schultz, who was actually second on the Texans in receiving yards last year, so there are other targets defenders will have to deal with. However, since Higgins is now out for the season, it will be easier for opposing defenders to double-team Collins and Schultz since they will feel more comfortable leaving receivers like Xavier Hutchinson and newcomers Zay Jones and Sterling Shepard one-on-one.
#receivers #houston
2 months ago
Prince Harry and Meghan Markle are allegedly eyeing a return to the UK. A PR expert has suggested a big move that could help change their image. The Sussexes first revealed their intentions to step back from their royal duties in January 2020. They officially exited in March following their remarks. However, they are reportedly planning to return to the UK.
Prince Harry and Meghan Markle made some explosive claims following their exit as working royals. This tarnished their image in the UK, making them the center of a backlash storm. Now, as they eye a return to the UK (via Express), PR expert Brand Shaw has suggested that a "film or documentary series" about their homecoming could help them in "winning over the public."
The expert said that they ought to be "anti-Kardashians" by answering the "hard questions." He explained, "They haven't controlled the narrative, which we've established, and they don't seem to have a narrative. Those are two different problems."
"So, not being able to communicate your narrative is a big, big, big issue," Shaw added. "It's an issue in Hollywood. It's an issue where it didn't work out. Here, it's an issue why Hollywood was able to come after them."
He advised that Harry and Meghan give "really smart" answers to "hard" questions. "Make a story that answers the hardest of hard questions anyone could possibly ask you, and use the next three to five years to refer back to that."
#return #questions #prince
Prince Harry and Meghan Markle made some explosive claims following their exit as working royals. This tarnished their image in the UK, making them the center of a backlash storm. Now, as they eye a return to the UK (via Express), PR expert Brand Shaw has suggested that a "film or documentary series" about their homecoming could help them in "winning over the public."
The expert said that they ought to be "anti-Kardashians" by answering the "hard questions." He explained, "They haven't controlled the narrative, which we've established, and they don't seem to have a narrative. Those are two different problems."
"So, not being able to communicate your narrative is a big, big, big issue," Shaw added. "It's an issue in Hollywood. It's an issue where it didn't work out. Here, it's an issue why Hollywood was able to come after them."
He advised that Harry and Meghan give "really smart" answers to "hard" questions. "Make a story that answers the hardest of hard questions anyone could possibly ask you, and use the next three to five years to refer back to that."
#return #questions #prince
2 months ago
Wetour Robotics (WETO) shares have soared as speculative momentum takes hold of the physical artificial intelligence (AI) and wearable robotics company.
However, investors are advised to exercise caution as WETO is scheduled for an extraordinary general meeting (EGM) on Aug. 24, where shareholders will vote on a 100-for-1 reverse stock split.
A $210 Billion Reason to Buy AMD Stock Here
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
#nebius
However, investors are advised to exercise caution as WETO is scheduled for an extraordinary general meeting (EGM) on Aug. 24, where shareholders will vote on a 100-for-1 reverse stock split.
A $210 Billion Reason to Buy AMD Stock Here
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
#nebius
2 months ago
Hayden Panettiere and on-off boyfriend Brian Hickerson may have been closer than people think before the actress was found dead on Sunday, August 16, at age 36.
A source close to Hickerson told TMZ on Monday, August 17, that he and the Nashville alum were together while she was promoting her memoir This Is Me: A Reckoning, which was released in May.
However, according to the source, Panettiere was advised by her team to distance herself from him because he was "bad for business" while she was doing press for the book.
A separate TMZ source close to Hickerson — with whom she's had a toxic, on-off relationship with since 2018 — claimed they've been together consistently for years and were seen together multiple times in the last year in both L.A. and South Carolina.
According to the outlet, Panettiere allegedly became so close with Hickerson she was considered part of his family in recent years.
#brian
A source close to Hickerson told TMZ on Monday, August 17, that he and the Nashville alum were together while she was promoting her memoir This Is Me: A Reckoning, which was released in May.
However, according to the source, Panettiere was advised by her team to distance herself from him because he was "bad for business" while she was doing press for the book.
A separate TMZ source close to Hickerson — with whom she's had a toxic, on-off relationship with since 2018 — claimed they've been together consistently for years and were seen together multiple times in the last year in both L.A. and South Carolina.
According to the outlet, Panettiere allegedly became so close with Hickerson she was considered part of his family in recent years.
#brian
