7 hours ago
Welcome to Midnight Mania!
Let's start the night off by taking a look back over the three biggest stories of Tuesday, July 28, 2026.
Former UFC ******* le challenger (and current ******* yst) arrested for alleged felony domestic violence, faces 20 years in prison: Anthony Smith seemed to be in a weird mental ******* e after his UFC retirement, but this is SHOCKING!
Reinier de Ridder 'never going back' to middleweight after UFC Sacramento — 'Dumbest s—t I've ever done': I can't help but think de Ridder's best chance at UFC gold was at Middleweight, but I cannot blame him for not wanting to suffer the misery and longterm affects of that drastic cut.
Sean Strickland details disturbing Russian Roulette incident: 'It still gives me chills': I'm genuinely happy Strickland is in a better mental ******* e nowadays.
#mental #midnight #mania
Let's start the night off by taking a look back over the three biggest stories of Tuesday, July 28, 2026.
Former UFC ******* le challenger (and current ******* yst) arrested for alleged felony domestic violence, faces 20 years in prison: Anthony Smith seemed to be in a weird mental ******* e after his UFC retirement, but this is SHOCKING!
Reinier de Ridder 'never going back' to middleweight after UFC Sacramento — 'Dumbest s—t I've ever done': I can't help but think de Ridder's best chance at UFC gold was at Middleweight, but I cannot blame him for not wanting to suffer the misery and longterm affects of that drastic cut.
Sean Strickland details disturbing Russian Roulette incident: 'It still gives me chills': I'm genuinely happy Strickland is in a better mental ******* e nowadays.
#mental #midnight #mania
7 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Billionaire Mark Cuban reveals how the nation's wealthiest can send the elevator back down and help Americans at every income level build wealth.
In a recent interview with Sarah McCammon on the "What It Takes" podcast, Cuban shared his views on AI, healthcare, and income inequality in America. The former "Shark Tank" investor, who, according to the Bloomberg Billionaire Index, has a net worth of $10.2 billion, said that one of the best ways to tackle income inequality is to give employees company stock.
"I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee," said Cuban. "Every company I've ever sold, I've given money to every single employee. Every time."
Read more: How much money is considered rich?
#cuban #single
Billionaire Mark Cuban reveals how the nation's wealthiest can send the elevator back down and help Americans at every income level build wealth.
In a recent interview with Sarah McCammon on the "What It Takes" podcast, Cuban shared his views on AI, healthcare, and income inequality in America. The former "Shark Tank" investor, who, according to the Bloomberg Billionaire Index, has a net worth of $10.2 billion, said that one of the best ways to tackle income inequality is to give employees company stock.
"I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee," said Cuban. "Every company I've ever sold, I've given money to every single employee. Every time."
Read more: How much money is considered rich?
#cuban #single
8 hours ago
Health policy has quietly become a stock-moving variable in 2026, and the figures are significant enough to matter. Approximately 2.6 million Americans discontinued ACA marketplace coverage this year after increased pandemic-era subsidies ended at the end of 2025, with health policy experts predicting that total enrollment would decrease to between 16.5 million and 17.5 million by year-end. Meanwhile, the Urban Institute has projected that 4.8 million more people will be uninsured in 2026 as a direct consequence of the lapsed subsidies, with certain HealthCare.gov-reliant states witnessing enrollment losses of 20% or more.
Whether this translates into fewer elective medical treatments is now a hotly debated topic in the healthcare industry, with Intuitive Surgical, Inc. (NASDAQ:ISRG) emerging as the evident casualty. The company's shares plunged more than 12% before the bell on July 17, despite Intuitive maintaining its global procedure-growth prediction for its da Vinci surgical robots. Instead, the selloff was driven by the company's own admission that changes in insurance coverage could impact demand.
US da Vinci procedure growth slowed to roughly 12% in the second quarter, down from where Intuitive Surgical, Inc. (NASDAQ:ISRG) expected to be at the beginning of the year, with a focus on surgeries that patients may defer. On the July 16 call, CEO David Rosa told ******* ysts that customer conversations indicated that fluctuating patient coverage and premium dynamics affect "when patients seek care," as opposed to if they seek it at all.
That reaction came at an awkward time, as a highly public disagreement was already taking place in the sector. Abbott, a major medical device and diagnostics manufacturer, had argued recently that blaming industry-wide procedure weakness on ACA disenrollment was a "flawed ******* umption." HCA Healthcare, the largest for-profit hospital operator in the United States, took the opposite stance, warning earlier of lower surgical demand and an increase in uninsured patients when pandemic-era subsidies expired.
Intuitive's own results now appear to support the HCA side of the argument, at least in procedures when patients can choose to delay. Stifel's response immediately reflected the tension: the firm reduced its price objective to $550 from $670 on July 17 while keeping a Buy rating on the company's shares, despite Intuitive Surgical, Inc. (NASDAQ:ISRG) exceeding expectations in revenue, earnings, system placements, and procedure growth in the same quarter. Both US procedure and installed-base growth have slowed since the 2020-2021 COVID era, with management blaming the slowdown on ACA disenrollment and the basic law of large numbers as the installed base matures.
#NASDAQ #Growth #healthcare
Whether this translates into fewer elective medical treatments is now a hotly debated topic in the healthcare industry, with Intuitive Surgical, Inc. (NASDAQ:ISRG) emerging as the evident casualty. The company's shares plunged more than 12% before the bell on July 17, despite Intuitive maintaining its global procedure-growth prediction for its da Vinci surgical robots. Instead, the selloff was driven by the company's own admission that changes in insurance coverage could impact demand.
US da Vinci procedure growth slowed to roughly 12% in the second quarter, down from where Intuitive Surgical, Inc. (NASDAQ:ISRG) expected to be at the beginning of the year, with a focus on surgeries that patients may defer. On the July 16 call, CEO David Rosa told ******* ysts that customer conversations indicated that fluctuating patient coverage and premium dynamics affect "when patients seek care," as opposed to if they seek it at all.
That reaction came at an awkward time, as a highly public disagreement was already taking place in the sector. Abbott, a major medical device and diagnostics manufacturer, had argued recently that blaming industry-wide procedure weakness on ACA disenrollment was a "flawed ******* umption." HCA Healthcare, the largest for-profit hospital operator in the United States, took the opposite stance, warning earlier of lower surgical demand and an increase in uninsured patients when pandemic-era subsidies expired.
Intuitive's own results now appear to support the HCA side of the argument, at least in procedures when patients can choose to delay. Stifel's response immediately reflected the tension: the firm reduced its price objective to $550 from $670 on July 17 while keeping a Buy rating on the company's shares, despite Intuitive Surgical, Inc. (NASDAQ:ISRG) exceeding expectations in revenue, earnings, system placements, and procedure growth in the same quarter. Both US procedure and installed-base growth have slowed since the 2020-2021 COVID era, with management blaming the slowdown on ACA disenrollment and the basic law of large numbers as the installed base matures.
#NASDAQ #Growth #healthcare
11 hours ago
CHICAGO — USC will be put through the wringer this season. The Trojans will play Oregon, Ohio State and Indiana. They also have to hit the road to take on Penn State and Wisconsin back-to-back games.
As much of a gauntlet as USC's schedule is, it possesses a glaring omission: Notre Dame.
The news broke last winter that USC and Notre Dame had failed to reach an agreement to play what would be the 97th game in the historic series between the rival programs during the 2026 season. They have faced off in 78 consecutive seasons, excluding the COVID-19-affected campaign.
That streak is coming to an end this year. Previously, the series had only been paused for a three-year period that coincided with World War II and, as mentioned above, briefly for the pandemic.
When word got out about the newest hiatus in December, USC head coach Lincoln Riley blamed Notre Dame. He's not backing away from the sentiment he expressed back then.
#notre #back #season #Chicago
As much of a gauntlet as USC's schedule is, it possesses a glaring omission: Notre Dame.
The news broke last winter that USC and Notre Dame had failed to reach an agreement to play what would be the 97th game in the historic series between the rival programs during the 2026 season. They have faced off in 78 consecutive seasons, excluding the COVID-19-affected campaign.
That streak is coming to an end this year. Previously, the series had only been paused for a three-year period that coincided with World War II and, as mentioned above, briefly for the pandemic.
When word got out about the newest hiatus in December, USC head coach Lincoln Riley blamed Notre Dame. He's not backing away from the sentiment he expressed back then.
#notre #back #season #Chicago
14 hours ago
Welsh sprinter Jeremiah Azu missed out on a Commonwealth medal for the second games in a row after finishing fifth in the men's 100m final
It was the same position he managed in Birmingham four years ago.
The Welshman had eased through the heats and ran 10.00 seconds in his semi-final but could only manage 10.03 seconds in a rain-affected final won by Cameroon's Emmanuel Eseme.
"I don't feel like I really made any mistakes so it's a hard one to take. These guys are just running crazy fast," he said.
"I felt like I put a good race together. I thought it would be won in 9.9-low which I think I'm capable of, I just didn't put it together today.
#welsh #commonwealth
It was the same position he managed in Birmingham four years ago.
The Welshman had eased through the heats and ran 10.00 seconds in his semi-final but could only manage 10.03 seconds in a rain-affected final won by Cameroon's Emmanuel Eseme.
"I don't feel like I really made any mistakes so it's a hard one to take. These guys are just running crazy fast," he said.
"I felt like I put a good race together. I thought it would be won in 9.9-low which I think I'm capable of, I just didn't put it together today.
#welsh #commonwealth
15 hours ago
Suri Cruise, the daughter of Tom Cruise and Katie Holmes, has legally dropped her father's last name and chosen a surname that honors her mother instead, according to a Page Six report.
Rather than adopting Holmes as her last name, Suri opted for Noelle, her mother's middle name. While it's unclear when she officially changed her last name, Page Six reported that she registered to vote in Allegheny County, Pa., under the name Suri Noelle during her freshman year at Carnegie Mellon University in October 2024. She first made headlines in June 2024, when she graduated from New York City's LaGuardia High School and was listed as Suri Noelle in the ceremony pamphlet.
The reported name change comes after years of estrangement from Cruise. Following her parents' divorce in 2012, Suri moved from Los Angeles to New York City with Holmes, who was granted full custody, according to the Hollywood Reporter. The Mission: Impossible star was ordered to pay $400,000 annually in child support, plus medical, dental, education and insurance expenses, until Suri turned 18, the outlet reported.
Before moving to Pittsburgh, Pa., Suri, who has often been described as the spitting image of her mother, was frequently spotted out and about in New York City.
"We are committed to working together as parents to accomplish what is in our daughter Suri's best interests," read a joint statement from Holmes and Cruise following their divorce in 2012. "We want to keep matters affecting our family private and express our respect for each other's commitment to each of our respective beliefs and support each other's roles as parents."
#name #cruise #noelle
Rather than adopting Holmes as her last name, Suri opted for Noelle, her mother's middle name. While it's unclear when she officially changed her last name, Page Six reported that she registered to vote in Allegheny County, Pa., under the name Suri Noelle during her freshman year at Carnegie Mellon University in October 2024. She first made headlines in June 2024, when she graduated from New York City's LaGuardia High School and was listed as Suri Noelle in the ceremony pamphlet.
The reported name change comes after years of estrangement from Cruise. Following her parents' divorce in 2012, Suri moved from Los Angeles to New York City with Holmes, who was granted full custody, according to the Hollywood Reporter. The Mission: Impossible star was ordered to pay $400,000 annually in child support, plus medical, dental, education and insurance expenses, until Suri turned 18, the outlet reported.
Before moving to Pittsburgh, Pa., Suri, who has often been described as the spitting image of her mother, was frequently spotted out and about in New York City.
"We are committed to working together as parents to accomplish what is in our daughter Suri's best interests," read a joint statement from Holmes and Cruise following their divorce in 2012. "We want to keep matters affecting our family private and express our respect for each other's commitment to each of our respective beliefs and support each other's roles as parents."
#name #cruise #noelle
16 hours ago
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The Federal Open Market Committee (FOMC) is meeting this week. During these meetings, the committee **** ses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes.
The latest FOMC meeting takes place on July 28-29, 2026. This is its fifth scheduled meeting of the year.
Once the meeting concludes, the FOMC will release its policy decisions on Wednesday at 2 p.m. Eastern time. Then the Fed chairman will hold a news conference at 2:30 p.m.
The live news conferences, held by the Federal Reserve chairman, are livestreamed and recorded. Additionally, the minutes of regularly scheduled meetings are released three weeks after the date of the policy decision.
#committee #chairman #advertiser
The Federal Open Market Committee (FOMC) is meeting this week. During these meetings, the committee **** ses the health of the economy and potentially adjusts the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes.
The latest FOMC meeting takes place on July 28-29, 2026. This is its fifth scheduled meeting of the year.
Once the meeting concludes, the FOMC will release its policy decisions on Wednesday at 2 p.m. Eastern time. Then the Fed chairman will hold a news conference at 2:30 p.m.
The live news conferences, held by the Federal Reserve chairman, are livestreamed and recorded. Additionally, the minutes of regularly scheduled meetings are released three weeks after the date of the policy decision.
#committee #chairman #advertiser
17 hours ago
Kia Corporation announced a 2.3% rise in net profits to KRW 2,327.8 trillion (US$ 1.59 billion) for the second quarter of 2026, up from KRW 2,268.2 trillion a year earlier, with US import tariffs and higher sales incentives offset by record global vehicle deliveries. Operating profits fell by 4.9% to KRW 2,628.5 trillion.
The South Korean automaker reported a 12.6% increase in global sales revenues to a record KRW 33,037.0 trillion in the three-month period, while global wholesale deliveries rose by 4.5% to 851,639 vehicles – including 154,816 units in South Korea and 696,823 units overseas. The company was not affected by the component shortages that held back Hyundai Motor's second-quarter results.
Sales of electrified vehicles jumped 60% to 296,000 units, accounting for 35% of Kia's global sales, driven by strong hybrid-electric vehicle (HEV) sales in the US and higher battery electric vehicle (BEV) demand in South Korea and Europe. Total HEV retail sales rose by 61% to 178,000 units, helped by the launch of the new Telluride and Seltos models, with sales in the US surging by 152% to 66,000 units, while total BEV retail sales surged by 88% to 110,000 units.
Kia said it expects solid business results in the second half of 2026 to enable it to meet its full-year guidance, "supported by competitive new model offerings and sustained BEV and HEV demand." The company is targeting 3.35 million global vehicle sales in 2026, supported by the launch of new BEV models in Europe and a recovery in Middle Eastern demand.
In the US, Kia said that its plans to expand production capacity of the Telluride SUV, including hybrid variants, and the ramp up of deliveries of the Sportage hybrid produced at the Hyundai Motor Group Metaplant America (HMGMA) will help enhance profitability.
#units
The South Korean automaker reported a 12.6% increase in global sales revenues to a record KRW 33,037.0 trillion in the three-month period, while global wholesale deliveries rose by 4.5% to 851,639 vehicles – including 154,816 units in South Korea and 696,823 units overseas. The company was not affected by the component shortages that held back Hyundai Motor's second-quarter results.
Sales of electrified vehicles jumped 60% to 296,000 units, accounting for 35% of Kia's global sales, driven by strong hybrid-electric vehicle (HEV) sales in the US and higher battery electric vehicle (BEV) demand in South Korea and Europe. Total HEV retail sales rose by 61% to 178,000 units, helped by the launch of the new Telluride and Seltos models, with sales in the US surging by 152% to 66,000 units, while total BEV retail sales surged by 88% to 110,000 units.
Kia said it expects solid business results in the second half of 2026 to enable it to meet its full-year guidance, "supported by competitive new model offerings and sustained BEV and HEV demand." The company is targeting 3.35 million global vehicle sales in 2026, supported by the launch of new BEV models in Europe and a recovery in Middle Eastern demand.
In the US, Kia said that its plans to expand production capacity of the Telluride SUV, including hybrid variants, and the ramp up of deliveries of the Sportage hybrid produced at the Hyundai Motor Group Metaplant America (HMGMA) will help enhance profitability.
#units
18 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
18 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Stockpiling physical cash may feel secure, but it's not the best idea. Saving money this way is a recipe for lost, damaged, or stolen cash. Not to mention, those stacks of bills won't earn any interest.
If you want to save, protect, and grow your money, keeping physical cash isn't the best way to do it. Instead, consider a secure and insured account that also allows your balance to earn interest.
Here are seven smart places to keep cash savings.
Checking accounts are common, in part because they're so practical. They make it easy to withdraw and deposit money, pay bills, and write checks. However, what makes them ideal for daily money management makes them a less optimal choice for saving money.
#cash #write #bills #interest
Stockpiling physical cash may feel secure, but it's not the best idea. Saving money this way is a recipe for lost, damaged, or stolen cash. Not to mention, those stacks of bills won't earn any interest.
If you want to save, protect, and grow your money, keeping physical cash isn't the best way to do it. Instead, consider a secure and insured account that also allows your balance to earn interest.
Here are seven smart places to keep cash savings.
Checking accounts are common, in part because they're so practical. They make it easy to withdraw and deposit money, pay bills, and write checks. However, what makes them ideal for daily money management makes them a less optimal choice for saving money.
#cash #write #bills #interest
23 hours ago
The Green Bay Packers held tryouts for nine different players on Monday, just two days before Matt LaFleur's team opens training camp with a practice on Wednesday. Of the nine players, four were running backs and three were tight ends -- suggesting the Packers are looking for extra bodies at the two injury-affected positions to start camp. The idea is reinforced by the fact that tight ends Tucker Kraft and Luke Musgrave landed on the PUP list and running back Chris Brooks was placed on the non-football injury list on Monday. This time of year, teams will churn the bottom of the roster to make sure they have enough numbers to successfully operate camp practices.
The following nine players were in Green Bay for a tryout on Monday:
TE Josh Beetham (Georgia Tech): Converted quarterback played 11 games over three seasons at Michigan before seeing action in 23 games at GT. Caught only nine passes over final two seasons. UDFA.
TE Drew Biber (Minnesota): Wisconsin native. Caught 18 passes for Minnesota in 2025 after playing first four seasons at Purdue. UDFA.
C Gus Hartwig (Purdue): Spent time with the New York Jets after signing as a UDFA in 2025. Made 48 college starts at center.
#players
The following nine players were in Green Bay for a tryout on Monday:
TE Josh Beetham (Georgia Tech): Converted quarterback played 11 games over three seasons at Michigan before seeing action in 23 games at GT. Caught only nine passes over final two seasons. UDFA.
TE Drew Biber (Minnesota): Wisconsin native. Caught 18 passes for Minnesota in 2025 after playing first four seasons at Purdue. UDFA.
C Gus Hartwig (Purdue): Spent time with the New York Jets after signing as a UDFA in 2025. Made 48 college starts at center.
#players
1 day ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today's CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2025 and has left rates alone in 2026. This has had a ripple effect on deposit account rates, making now a great opportunity to lock in today's high rates with a certificate of deposit (CD). Here's a look at today's best CD rates and where you can find the best offers.
Today, the highest CD rate is 4.20% APY. This rate is offered by Sallie Mae on its 2-year CD.
Here is a look at some of the best CD rates available today from our verified partners.
If you're considering a CD, these rates are among the highest available, especially compared to the national average, which is significantly lower. It's also worth noting that online banks and credit unions generally offer more competitive rates than traditional brick-and-mortar banks.
#rate #offers
Today's CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2025 and has left rates alone in 2026. This has had a ripple effect on deposit account rates, making now a great opportunity to lock in today's high rates with a certificate of deposit (CD). Here's a look at today's best CD rates and where you can find the best offers.
Today, the highest CD rate is 4.20% APY. This rate is offered by Sallie Mae on its 2-year CD.
Here is a look at some of the best CD rates available today from our verified partners.
If you're considering a CD, these rates are among the highest available, especially compared to the national average, which is significantly lower. It's also worth noting that online banks and credit unions generally offer more competitive rates than traditional brick-and-mortar banks.
#rate #offers
1 day ago
Joao Cancelo is set to link back up with Al-Hilal this week as the Saudi Pro League club continue pre-season preparations in Austria.
The defender has been enjoying some time off after World Cup 2026 but is due back on Wednesday, according to the latest from Arriyadiyah.
Barcelona are still hoping to complete a permanent deal for Cancelo, following another successful loan stint last season, but are yet to reach an agreement with Al-Hilal.
The report adds that Al-Hilal are open to offers to buy out Cancelo's contract which still has a year left to run.
Cancelo is also keen to move on and has made no secret of his affection for Barcelona. He arrived back at Barcelona for a second stint last winter and went on to play 23 matches, scoring twice and adding three ****** ists.
#Barcelona #back #season #last
The defender has been enjoying some time off after World Cup 2026 but is due back on Wednesday, according to the latest from Arriyadiyah.
Barcelona are still hoping to complete a permanent deal for Cancelo, following another successful loan stint last season, but are yet to reach an agreement with Al-Hilal.
The report adds that Al-Hilal are open to offers to buy out Cancelo's contract which still has a year left to run.
Cancelo is also keen to move on and has made no secret of his affection for Barcelona. He arrived back at Barcelona for a second stint last winter and went on to play 23 matches, scoring twice and adding three ****** ists.
#Barcelona #back #season #last
1 day ago
Less than a month ago, **** ysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefire. Within days of these warnings, the ceasefire was a painful memory, missiles were flying again, and now Yemen's Houthis are striking tankers in the Red Sea, which makes two blocked oil chokepoints and a very real danger of a global recession.
Brent crude this week topped $100 per barrel on reports that the Houthis had struck two Saudi tankers in the Bab el-Mandeb Strait, which Saudi Arabia is currently using as the primary outlet for its crude amid the Iranian blockade of the Strait of Hormuz. Soon enough it emerged that tankers that were heading to the Red Sea waterway were making U-turns and heading to alternative routes—which take longer and cost more.
Meanwhile, Ukrainian drone strikes on the Caspian Pipeline System's terminus on the Black Sea have forced Kazakhstan to suspend most of its oil exports. The target of the drone attacks was the Novorossiysk port on Russia's Black Sea coast, which also happens to be the point of departure of the bulk of Kazakh oil exports to world markets. Bloomberg reported this week that tanker operators were getting nervous about sending their vessels to the port of Novorossiysk because Ukrainian drones were also striking ships at the port.
The Strait of Hormuz used to see average daily oil volumes of some 20 million barrels daily. This has now slowed to a trickle. The Red Sea chokepoint of Bab el-Mandeb has been handling between 4 and 5 million barrels daily of Saudi oil in recent weeks, according to different estimates. Now, this too appears to be almost completely blocked. Add to this the loss of 1.7 million barrels daily in Kazakh flows to Novorossiysk, and the global oil supply picture takes on a rather grim tint. Additionally, the Ukrainian forces continue to target Russian refineries, which has already led to a temporary ban on diesel exports at a time when global fuel inventories are getting strained by the first-wave effects of the Middle East war.
In fact, the situation with refined petroleum products is a major crisis in its own right. "Unlike crude oil, refined products face far fewer mitigation options. Several Middle Eastern refineries remain affected by the ongoing conflict while Russia's diesel export restrictions continue to constrain global availability," Ole Hansen, Saxo Bank's head of commodity strategy, said in an **** ysis earlier this month. "Refining capacity globally also remains relatively limited, preventing crude supply increases from quickly translating into additional diesel and gasoline production," he added.
#daily #exports
Brent crude this week topped $100 per barrel on reports that the Houthis had struck two Saudi tankers in the Bab el-Mandeb Strait, which Saudi Arabia is currently using as the primary outlet for its crude amid the Iranian blockade of the Strait of Hormuz. Soon enough it emerged that tankers that were heading to the Red Sea waterway were making U-turns and heading to alternative routes—which take longer and cost more.
Meanwhile, Ukrainian drone strikes on the Caspian Pipeline System's terminus on the Black Sea have forced Kazakhstan to suspend most of its oil exports. The target of the drone attacks was the Novorossiysk port on Russia's Black Sea coast, which also happens to be the point of departure of the bulk of Kazakh oil exports to world markets. Bloomberg reported this week that tanker operators were getting nervous about sending their vessels to the port of Novorossiysk because Ukrainian drones were also striking ships at the port.
The Strait of Hormuz used to see average daily oil volumes of some 20 million barrels daily. This has now slowed to a trickle. The Red Sea chokepoint of Bab el-Mandeb has been handling between 4 and 5 million barrels daily of Saudi oil in recent weeks, according to different estimates. Now, this too appears to be almost completely blocked. Add to this the loss of 1.7 million barrels daily in Kazakh flows to Novorossiysk, and the global oil supply picture takes on a rather grim tint. Additionally, the Ukrainian forces continue to target Russian refineries, which has already led to a temporary ban on diesel exports at a time when global fuel inventories are getting strained by the first-wave effects of the Middle East war.
In fact, the situation with refined petroleum products is a major crisis in its own right. "Unlike crude oil, refined products face far fewer mitigation options. Several Middle Eastern refineries remain affected by the ongoing conflict while Russia's diesel export restrictions continue to constrain global availability," Ole Hansen, Saxo Bank's head of commodity strategy, said in an **** ysis earlier this month. "Refining capacity globally also remains relatively limited, preventing crude supply increases from quickly translating into additional diesel and gasoline production," he added.
#daily #exports
4 days ago
FIRST ON FOX: A Republican firebrand is pushing legislation to abolish some of the most influential Democratic groups in Congress.
Rep. Nancy Mace, R-S.C., introduced a resolution Thursday barring the formation of House caucuses organized around race, ethnicity or national origin.
If adopted, the measure would effectively force the dissolution of Democrat-aligned groups, including the Congressional Black Caucus, the Congressional Hispanic Caucus and the Congressional Asian Pacific American Caucus.
The proposal could also affect GOP-affiliated organizations, including the Black Republican Congressional Staff ***** ociation, the GOP Latino Staff ***** ociation and the Republican Asian American Staff ***** ociation.
Rep. Nancy Mace, R-S.C., departs the U.S. Capitol after a series of House votes on March 5, 2026, in Washington, D.C.
#congressional #caucus #staff #asian
Rep. Nancy Mace, R-S.C., introduced a resolution Thursday barring the formation of House caucuses organized around race, ethnicity or national origin.
If adopted, the measure would effectively force the dissolution of Democrat-aligned groups, including the Congressional Black Caucus, the Congressional Hispanic Caucus and the Congressional Asian Pacific American Caucus.
The proposal could also affect GOP-affiliated organizations, including the Black Republican Congressional Staff ***** ociation, the GOP Latino Staff ***** ociation and the Republican Asian American Staff ***** ociation.
Rep. Nancy Mace, R-S.C., departs the U.S. Capitol after a series of House votes on March 5, 2026, in Washington, D.C.
#congressional #caucus #staff #asian
4 days ago
On Wednesday, Texas A&M coach Mike Elko, alongside quarterback Marcel Reed, safety Marcus Ratcliffe, and linebacker Daymion Sanford, spoke to the local and national media during SEC Media Days, and after suffering what looked like a serious lower-body injury during the Maroon & White Game, Daymion Sanford, who is entering his senior season, has already graduated from his walking boot after undergoing surgery this summer.
On track to potentially return to the field earlier than expected, Sanford stated on Wednesday that he is already running again, while his recovery was "more of a mindset thing" the required plenty of patience without affecting his return timeline, while steadfast support from Mike Elko, and knowing that the Aggie linebacker rotation is in good shape with transfer Ray Coney and rising sophomore Noah Mikhail leading the way before he returns.
"I think it's going to be pretty difficult," Sanford stated. "But it's more of a mindset thing that I've learned throughout this process. You have to celebrate the small wins every day and make yourself feel good. So I've been celebrating the small wins, like being able to walk again, being able to get out of the brace, being able to run, stuff like that."
During the first portion of his Q&A with the local Aggie media, Sanford was asked which defensive player on the roster is under the radar entering the 2026 season, and while a long list of returning players could have been named, Sanford chose Illinois transfer defensive tackle Angelo McCullom, who reportedly hit a new bench press personal record of 470 pounds.
While North Carolina transfer defensive tackle CJ Mims is expected to start at nose tackle, McCullom, who appeared in 12 games at nose tackle last season, recording 19 tackles and 2 sacks, will serve as his primary backup. Per Pro Football Focus, McCullom finished the year with a solid 70.3 run defense grade.
#season
On track to potentially return to the field earlier than expected, Sanford stated on Wednesday that he is already running again, while his recovery was "more of a mindset thing" the required plenty of patience without affecting his return timeline, while steadfast support from Mike Elko, and knowing that the Aggie linebacker rotation is in good shape with transfer Ray Coney and rising sophomore Noah Mikhail leading the way before he returns.
"I think it's going to be pretty difficult," Sanford stated. "But it's more of a mindset thing that I've learned throughout this process. You have to celebrate the small wins every day and make yourself feel good. So I've been celebrating the small wins, like being able to walk again, being able to get out of the brace, being able to run, stuff like that."
During the first portion of his Q&A with the local Aggie media, Sanford was asked which defensive player on the roster is under the radar entering the 2026 season, and while a long list of returning players could have been named, Sanford chose Illinois transfer defensive tackle Angelo McCullom, who reportedly hit a new bench press personal record of 470 pounds.
While North Carolina transfer defensive tackle CJ Mims is expected to start at nose tackle, McCullom, who appeared in 12 games at nose tackle last season, recording 19 tackles and 2 sacks, will serve as his primary backup. Per Pro Football Focus, McCullom finished the year with a solid 70.3 run defense grade.
#season
4 days ago
While Tropical Storm Bertha continues to spin in the Gulf, Hurricane Fausto is churning up rough seas in the Pacific, and could impact Hawaii next week, forecasters said.
Although the center of the 80-mph hurricane is more than 1,000 miles from the U.S. West Coast, according to the National Hurricane Center, "swells generated by Fausto are affecting portions of the west coast of the Baja California Peninsula and the coast of southern California."
"These swells are likely to cause life-threatening surf and rip current conditions," the hurricane center said.
The National Weather Service office in San Diego warned of "elevated surf" and "strong currents" for beachgoers there from Thursday through Sunday.
Next week, the weather across Hawaii "will depend on the eventual track and intensity of Tropical Cyclone Fausto," the weather service office in Honolulu said.
#fausto #hawaii #national
Although the center of the 80-mph hurricane is more than 1,000 miles from the U.S. West Coast, according to the National Hurricane Center, "swells generated by Fausto are affecting portions of the west coast of the Baja California Peninsula and the coast of southern California."
"These swells are likely to cause life-threatening surf and rip current conditions," the hurricane center said.
The National Weather Service office in San Diego warned of "elevated surf" and "strong currents" for beachgoers there from Thursday through Sunday.
Next week, the weather across Hawaii "will depend on the eventual track and intensity of Tropical Cyclone Fausto," the weather service office in Honolulu said.
#fausto #hawaii #national
4 days ago
Liverpool's first pre-season outing of the summer was already going to carry curiosity, because a new head coach always brings questions, fresh ideas and a sense of reset. Yet Saturday's meeting with Sunderland now carries something far more important. As reported by BBC Sport, both clubs will honour Kevin Keegan with black armbands and a minute's applause before kick-off.
That feels fitting. Keegan belonged to an era when footballers seemed larger than life, full of energy, swagger and personality, and he left a mark on every club lucky enough to call him their own. He died this week at the age of 75, months after it was announced that he had been diagnosed with stage four cancer. For many supporters, particularly those of a certain vintage, the news landed with real force.
At Liverpool, Keegan was central to one of the club's great periods of growth. Nearly 750 club appearances came across his wider career, but the six years on Merseyside remain a huge part of why he is remembered with such affection. Three league ****** les, the European Cup, two UEFA Cups and the FA Cup tell their own story. So do the Ballon d'Or wins in 1978 and 1979, achieved while he was with Hamburg, proof that his standing stretched well beyond English football.
He was a footballer who played with urgency and emotion, and those are qualities supporters always respond to. Trophies matter, of course, but connection matters too. Keegan had both.
This match also opens the Andoni Iraola chapter. After the collapse of last season and the end of Arne Slot's reign in May, Liverpool head into 2026-27 needing clarity and momentum. Iraola's first game arrives with notable absentees after Mohamed Salah, Andy Robertson and Ibrahima Konate departed at the end of last term.
#keegan #head #always #club
That feels fitting. Keegan belonged to an era when footballers seemed larger than life, full of energy, swagger and personality, and he left a mark on every club lucky enough to call him their own. He died this week at the age of 75, months after it was announced that he had been diagnosed with stage four cancer. For many supporters, particularly those of a certain vintage, the news landed with real force.
At Liverpool, Keegan was central to one of the club's great periods of growth. Nearly 750 club appearances came across his wider career, but the six years on Merseyside remain a huge part of why he is remembered with such affection. Three league ****** les, the European Cup, two UEFA Cups and the FA Cup tell their own story. So do the Ballon d'Or wins in 1978 and 1979, achieved while he was with Hamburg, proof that his standing stretched well beyond English football.
He was a footballer who played with urgency and emotion, and those are qualities supporters always respond to. Trophies matter, of course, but connection matters too. Keegan had both.
This match also opens the Andoni Iraola chapter. After the collapse of last season and the end of Arne Slot's reign in May, Liverpool head into 2026-27 needing clarity and momentum. Iraola's first game arrives with notable absentees after Mohamed Salah, Andy Robertson and Ibrahima Konate departed at the end of last term.
#keegan #head #always #club
4 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you're looking for a relatively safe and steady way to grow your cash, consider a CD or bond ladder. These two strategies are designed to manage interest rate risk and provide periodic access to your cash.
But which option is better for your goals? Learn what CD ladders and bond ladders are, the key differences between them, and how to decide which one you should choose.
A CD ladder is a strategy in which you spread your money across multiple certificates of deposit (CDs) with staggered maturity dates. As each CD matures, you get access to a portion of your cash over time instead of waiting for a singular maturity date to access all of your funds at once.
This strategy can help mitigate risk by giving you the recurring opportunity to either renew individual CDs or withdraw your cash. It also lets you take advantage of whichever CD term is offering the best interest rate.
#bond
If you're looking for a relatively safe and steady way to grow your cash, consider a CD or bond ladder. These two strategies are designed to manage interest rate risk and provide periodic access to your cash.
But which option is better for your goals? Learn what CD ladders and bond ladders are, the key differences between them, and how to decide which one you should choose.
A CD ladder is a strategy in which you spread your money across multiple certificates of deposit (CDs) with staggered maturity dates. As each CD matures, you get access to a portion of your cash over time instead of waiting for a singular maturity date to access all of your funds at once.
This strategy can help mitigate risk by giving you the recurring opportunity to either renew individual CDs or withdraw your cash. It also lets you take advantage of whichever CD term is offering the best interest rate.
#bond
4 days ago
MADRID, July 23 (Reuters) - Spanish former Prime Minister Jose Luis Rodriguez Zapatero said on Thursday that €1.3 million ($1.5 million) of jewellery seized by police as part of an investigation was a personal gift he received years ago and was never intended for financial gain.
Zapatero, who was prime minister from 2004 to 2011 and remains an influential figure in the governing Socialist Party, is under investigation over alleged influence-peddling, accusations he denies. The case is one of a series of corruption scandals affecting the party and piling political pressure on Prime Minister Pedro Sanchez's government.
In his first interview since being placed under investigation two months ago, Zapatero told Spanish public broadcaster TVE that the jewels found during a search of his office were "a personal courtesy gift" that had been stored for years with other family valuables.
The jewels were unrelated to his political activities and their origin and handling would be fully explained before a judge, he said. He rejected suggestions they reflected any attempt at personal enrichment.
Investigating Judge Jose Luis Calama opened a separate probe into the jewellery, whose origin remains undocumented, according to investigators. An auction house provisionally valued them at about €1.3 million ($1.5 million), though Zapatero disputes that estimate.
#investigation #personal
Zapatero, who was prime minister from 2004 to 2011 and remains an influential figure in the governing Socialist Party, is under investigation over alleged influence-peddling, accusations he denies. The case is one of a series of corruption scandals affecting the party and piling political pressure on Prime Minister Pedro Sanchez's government.
In his first interview since being placed under investigation two months ago, Zapatero told Spanish public broadcaster TVE that the jewels found during a search of his office were "a personal courtesy gift" that had been stored for years with other family valuables.
The jewels were unrelated to his political activities and their origin and handling would be fully explained before a judge, he said. He rejected suggestions they reflected any attempt at personal enrichment.
Investigating Judge Jose Luis Calama opened a separate probe into the jewellery, whose origin remains undocumented, according to investigators. An auction house provisionally valued them at about €1.3 million ($1.5 million), though Zapatero disputes that estimate.
#investigation #personal
5 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Gold (GC=F) August futures opened at $4,074.60 per troy ounce on Thursday, July 23, 2026, down 1.9% from Wednesday's closing price. The price of gold moved up this morning, trading at $4,086.60 as of 8:08 a.m. ET.
The gold price closed above $4,100 Wednesday and opened lower on Thursday. Two opposing forces are keeping the gold price in a tight range. Investors are weighing the potential for higher interest rates against the likelihood of broader geopolitical and economic instability prompted by the Iran war.
On Wednesday, the U.S. House of Representatives approved up to $95 billion in funding for the war, aid to farmers, and parts of the SAVE America Act. The plan still needs Senate approval, but the move signals support for ongoing activity in the Middle East — where the war may be at an inflection point. Yemen's Houthi rebels are now targeting Saudi Arabian oil tankers in the Bab el-Mandeb Strait, threatening to disrupt another critical shipping lane.
The potential for higher interest rates tends to encourage lower gold prices, while global unrest can stimulate safe-haven demand for the precious metal.
#interest
Gold (GC=F) August futures opened at $4,074.60 per troy ounce on Thursday, July 23, 2026, down 1.9% from Wednesday's closing price. The price of gold moved up this morning, trading at $4,086.60 as of 8:08 a.m. ET.
The gold price closed above $4,100 Wednesday and opened lower on Thursday. Two opposing forces are keeping the gold price in a tight range. Investors are weighing the potential for higher interest rates against the likelihood of broader geopolitical and economic instability prompted by the Iran war.
On Wednesday, the U.S. House of Representatives approved up to $95 billion in funding for the war, aid to farmers, and parts of the SAVE America Act. The plan still needs Senate approval, but the move signals support for ongoing activity in the Middle East — where the war may be at an inflection point. Yemen's Houthi rebels are now targeting Saudi Arabian oil tankers in the Bab el-Mandeb Strait, threatening to disrupt another critical shipping lane.
The potential for higher interest rates tends to encourage lower gold prices, while global unrest can stimulate safe-haven demand for the precious metal.
#interest
5 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Silver (SI=F) September futures opened at $60.01 per ounce on Thursday, July 23, 2026, down 0.5% from Wednesday's closing price. The silver price moved lower this morning, reaching $58.42 as of 8:40 a.m. ET.
Silver opened just above $60 on Thursday for the first time since July 10. The metal has gained 7.3% over the past week as investors weigh inflation concerns against safe-haven demand.
The gold/silver ratio at the open was 67.9, which is in line with the average since 2000. The ratio calculates how many ounces of silver it takes to purchase one ounce of gold. Investors use it as an indicator of each metal's relative value. A ratio value above 75 could signal that silver is undervalued and positioned for higher performance.
The opening price of silver futures on Thursday, July 23, 2026, was 0.5% lower compared to Wednesday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
#price #thursday #futures #ounce
Silver (SI=F) September futures opened at $60.01 per ounce on Thursday, July 23, 2026, down 0.5% from Wednesday's closing price. The silver price moved lower this morning, reaching $58.42 as of 8:40 a.m. ET.
Silver opened just above $60 on Thursday for the first time since July 10. The metal has gained 7.3% over the past week as investors weigh inflation concerns against safe-haven demand.
The gold/silver ratio at the open was 67.9, which is in line with the average since 2000. The ratio calculates how many ounces of silver it takes to purchase one ounce of gold. Investors use it as an indicator of each metal's relative value. A ratio value above 75 could signal that silver is undervalued and positioned for higher performance.
The opening price of silver futures on Thursday, July 23, 2026, was 0.5% lower compared to Wednesday's closing price. Here's how today's opening silver price has changed versus last week, month, and year:
#price #thursday #futures #ounce
5 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.
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
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
5 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $66,081.05 on Thursday, July 23, 2026, 0.6% lower than Wednesday's opening price. As of 9:22 a.m. ET this morning, the price of bitcoin moved down to $65,054.55.
Ethereum (ETH-USD) opened at $1,933.32 on Thursday, July 23, 2026, up 0.3% from Wednesday's opening price. The price of ethereum moved lower this morning to $1,899.38 as of 9:22 a.m. ET.
Bitcoin and ethereum have shown slight gains over the past month, fueling cautious optimism that the crypto market has hit a bottom.
In June, Coinbase CEO Brian Armstrong said that bitcoin hit its low point near $60,000. After Armstrong's prediction, the digital currency dipped below $58,000 briefly. Bitwise CIO Matt Hougan expressed a similar sentiment in early July.
#ethereum #morning
Bitcoin (BTC-USD) opened at $66,081.05 on Thursday, July 23, 2026, 0.6% lower than Wednesday's opening price. As of 9:22 a.m. ET this morning, the price of bitcoin moved down to $65,054.55.
Ethereum (ETH-USD) opened at $1,933.32 on Thursday, July 23, 2026, up 0.3% from Wednesday's opening price. The price of ethereum moved lower this morning to $1,899.38 as of 9:22 a.m. ET.
Bitcoin and ethereum have shown slight gains over the past month, fueling cautious optimism that the crypto market has hit a bottom.
In June, Coinbase CEO Brian Armstrong said that bitcoin hit its low point near $60,000. After Armstrong's prediction, the digital currency dipped below $58,000 briefly. Bitwise CIO Matt Hougan expressed a similar sentiment in early July.
#ethereum #morning
5 days ago
Christos Tzolis became the most expensive transfer in Greek football history, when he signed for ***** nal this week.
To welcome the 24-year-old to the Premier League champions, let's take a look at the other Greek Gunners…
It's fair to say Giannis Tavlaridis doesn't have the legacy in England that he does in France.
Lille supporters affectionately nicknamed the defender 'Taureau' ('The Bull'), but ***** nal fans only caught brief glimpses of him, mostly in the League Cup.
Arsene Wenger became more willing to hand opportunities to young players after the move to the Emirates, so perhaps Tavlaridis was simply in the wrong place at the wrong time.
#league #became #christos #gunners
To welcome the 24-year-old to the Premier League champions, let's take a look at the other Greek Gunners…
It's fair to say Giannis Tavlaridis doesn't have the legacy in England that he does in France.
Lille supporters affectionately nicknamed the defender 'Taureau' ('The Bull'), but ***** nal fans only caught brief glimpses of him, mostly in the League Cup.
Arsene Wenger became more willing to hand opportunities to young players after the move to the Emirates, so perhaps Tavlaridis was simply in the wrong place at the wrong time.
#league #became #christos #gunners
5 days ago
Brasada Capital Management, an investment management company, released its Q2 2026 investor letter. A copy of the letter is available to download here. The market landscape in the past quarter has been significantly influenced by the rapid advancements in artificial intelligence (AI), overshadowing other concerns like geopolitical conflicts. Currently, the AI boom is so substantial that it affects the entire market cycle. Key factors include a 400% increase in memory demand due to AI, a slow supply response that takes years to catch up, and minimal demand destruction. The Fund's investment strategy focuses on essential infrastructure that maintains competitive advantages, rather than chasing speculative momentum. The firm emphasizes secular long-term growth, regardless of which AI technologies prevail. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Brasada Capital Management highlighted Amphenol Corporation (NYSE:APH). Amphenol Corporation (NYSE:APH) is a leading manufacturer of electrical, electronic, and fiber optic connectors serving a broad range of end markets. On July 22, 2026, Amphenol Corporation (NYSE:APH) closed at $157.51 per share. One-month return of Amphenol Corporation (NYSE:APH) was -4.63%, and its shares gained 50.78% over the past 52 weeks. Amphenol Corporation (NYSE:APH) has a market capitalization of $193.77 billion.
Brasada Capital Management stated the following regarding Amphenol Corporation (NYSE:APH) in its Q2 2026 investor update:
"Amphenol Corporation (NYSE:APH) is one of the world's largest manufacturers of connectors, sensors, and interconnect systems, essentially producing the nervous system for modern electronics. The company designs solutions that allow power, signal, and data to flow reliably across demanding applications. Rather than selling off-the-shelf commodities, Amphenol acts as a crucial design partner, engineering the vast majority of its 500,000 SKUs as custom or semi-custom solutions tailored to the exact mechanical, thermal, or electrical requirements of its customers.
What makes Amphenol a high-quality business lies in its production of mission-critical components that represent a very small percentage of a customer's total cost of goods. Because the cost of failure is exceptionally high, whether in a commercial aircraft flying at 40,000 feet or a 1,000-volt EV battery, OEMs face significant switching costs and are reluctant to change suppliers once a component is proven reliable. This dynamic is further reinforced by a highly decentralized operating structure where general managers run their business units autonomously, enabling rapid, localized responses to customer needs. Additionally, the company is diversified across eight major end markets, with no single sector accounting for more than 25% of sales, which acts as a powerful shock absorber during cyclical downturns..." (Click here to read the full text)
#amphenol
In its Q2 2026 investor letter, Brasada Capital Management highlighted Amphenol Corporation (NYSE:APH). Amphenol Corporation (NYSE:APH) is a leading manufacturer of electrical, electronic, and fiber optic connectors serving a broad range of end markets. On July 22, 2026, Amphenol Corporation (NYSE:APH) closed at $157.51 per share. One-month return of Amphenol Corporation (NYSE:APH) was -4.63%, and its shares gained 50.78% over the past 52 weeks. Amphenol Corporation (NYSE:APH) has a market capitalization of $193.77 billion.
Brasada Capital Management stated the following regarding Amphenol Corporation (NYSE:APH) in its Q2 2026 investor update:
"Amphenol Corporation (NYSE:APH) is one of the world's largest manufacturers of connectors, sensors, and interconnect systems, essentially producing the nervous system for modern electronics. The company designs solutions that allow power, signal, and data to flow reliably across demanding applications. Rather than selling off-the-shelf commodities, Amphenol acts as a crucial design partner, engineering the vast majority of its 500,000 SKUs as custom or semi-custom solutions tailored to the exact mechanical, thermal, or electrical requirements of its customers.
What makes Amphenol a high-quality business lies in its production of mission-critical components that represent a very small percentage of a customer's total cost of goods. Because the cost of failure is exceptionally high, whether in a commercial aircraft flying at 40,000 feet or a 1,000-volt EV battery, OEMs face significant switching costs and are reluctant to change suppliers once a component is proven reliable. This dynamic is further reinforced by a highly decentralized operating structure where general managers run their business units autonomously, enabling rapid, localized responses to customer needs. Additionally, the company is diversified across eight major end markets, with no single sector accounting for more than 25% of sales, which acts as a powerful shock absorber during cyclical downturns..." (Click here to read the full text)
#amphenol
5 days ago
Brasada Capital Management, an investment management company, released its Q2 2026 investor letter. A copy of the letter is available to download here. The market landscape in the past quarter has been significantly influenced by the rapid advancements in artificial intelligence (AI), overshadowing other concerns like geopolitical conflicts. Currently, the AI boom is so substantial that it affects the entire market cycle. Key factors include a 400% increase in memory demand due to AI, a slow supply response that takes years to catch up, and minimal demand destruction. The Fund's investment strategy focuses on essential infrastructure that maintains competitive advantages, rather than chasing speculative momentum. The firm emphasizes secular long-term growth, regardless of which AI technologies prevail. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Brasada Capital Management highlighted Fastenal Company (NASDAQ:FAST). Fastenal Company (NASDAQ:FAST) is a leading industrial and construction supply distributor that offers fasteners, tools, safety equipment, and inventory management solutions. On July 22, 2026, Fastenal Company (NASDAQ:FAST) closed at $45.33 per share, reflecting a market capitalization of $52.02 billion. Fastenal Company (NASDAQ:FAST) posted a one-month return of -3.39%, while its shares lost 5.42% over the past 52 weeks.
Brasada Capital Management stated the following regarding Fastenal Company (NASDAQ:FAST) in its Q2 2026 investor update:
"Fastenal Company (NASDAQ:FAST) distributes a wide array of products including fasteners, tools, safety equipment, and janitorial supplies, but at its core Fastenal is an outsourced procurement and supply chain partner for the industrial sector, helping to seamlessly manage customer inventory. Fastenal embeds itself within its customers' operations through local branches, automated industrial vending machines, FASTBins equipped with RFID technology, and dedicated Onsite locations where full-time Fastenal employees work directly on the customer's manufacturing floor. By handling the complexities of sourcing and replenishment, Fastenal ensures parts are always available, allowing clients to focus on their core competencies without the risk of costly production delays caused by a missing screw.
What makes Fastenal a high-quality business is that their customers have come to depend on them for cheap, mission critical parts – any delay or having the wrong type of fastener in inventory can mean millions of dollars in costs for the manufacturers in the form of slowdowns, shutdowns, poor product quality, or recalls. If you're missing a $0.30 screw on a $10K or $10M machine, you're just not shipping that machine, and if you have too many of those screws laying around, you're likely wasting ***** e and money. As such, Fastenal commands premium pricing power, high returns on capital, and reoccurring revenue. On top of that, Fast
In its Q2 2026 investor letter, Brasada Capital Management highlighted Fastenal Company (NASDAQ:FAST). Fastenal Company (NASDAQ:FAST) is a leading industrial and construction supply distributor that offers fasteners, tools, safety equipment, and inventory management solutions. On July 22, 2026, Fastenal Company (NASDAQ:FAST) closed at $45.33 per share, reflecting a market capitalization of $52.02 billion. Fastenal Company (NASDAQ:FAST) posted a one-month return of -3.39%, while its shares lost 5.42% over the past 52 weeks.
Brasada Capital Management stated the following regarding Fastenal Company (NASDAQ:FAST) in its Q2 2026 investor update:
"Fastenal Company (NASDAQ:FAST) distributes a wide array of products including fasteners, tools, safety equipment, and janitorial supplies, but at its core Fastenal is an outsourced procurement and supply chain partner for the industrial sector, helping to seamlessly manage customer inventory. Fastenal embeds itself within its customers' operations through local branches, automated industrial vending machines, FASTBins equipped with RFID technology, and dedicated Onsite locations where full-time Fastenal employees work directly on the customer's manufacturing floor. By handling the complexities of sourcing and replenishment, Fastenal ensures parts are always available, allowing clients to focus on their core competencies without the risk of costly production delays caused by a missing screw.
What makes Fastenal a high-quality business is that their customers have come to depend on them for cheap, mission critical parts – any delay or having the wrong type of fastener in inventory can mean millions of dollars in costs for the manufacturers in the form of slowdowns, shutdowns, poor product quality, or recalls. If you're missing a $0.30 screw on a $10K or $10M machine, you're just not shipping that machine, and if you have too many of those screws laying around, you're likely wasting ***** e and money. As such, Fastenal commands premium pricing power, high returns on capital, and reoccurring revenue. On top of that, Fast
5 days ago
Brasada Capital Management, an investment management company, released its Q2 2026 investor letter. A copy of the letter is available to download here. The market landscape in the past quarter has been significantly influenced by the rapid advancements in artificial intelligence (AI), overshadowing other concerns like geopolitical conflicts. Currently, the AI boom is so substantial that it affects the entire market cycle. Key factors include a 400% increase in memory demand due to AI, a slow supply response that takes years to catch up, and minimal demand destruction. The Fund's investment strategy focuses on essential infrastructure that maintains competitive advantages, rather than chasing speculative momentum. The firm emphasizes secular long-term growth, regardless of which AI technologies prevail. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Brasada Capital Management highlighted Cavco Industries, Inc. (NASDAQ:CVCO). Cavco Industries, Inc. (NASDAQ:CVCO) is a leading manufacturer of factory-built homes primarily in the United States. On July 22, 2026, Cavco Industries, Inc. (NASDAQ:CVCO) closed at $570.05 per share, reflecting a market capitalization of $4.39 billion. Cavco Industries, Inc. (NASDAQ:CVCO) posted a one-month return of -6.32%, while its shares gained 38.35% over the past 52 weeks.
Brasada Capital Management stated the following regarding Cavco Industries, Inc. (NASDAQ:CVCO) in its Q2 2026 investor update:
"Cavco Industries, Inc. (NASDAQ:CVCO) is one of the largest producers of manufactured and modular homes, serving as a critical supplier of affordable housing solutions across the U.S. Cavco utilizes 33 manufacturing production lines and distributes its homes through a network of 92 company-owned retail locations as well as independent retailers. To support the entire homebuying lifecycle, Cavco also offers integrated services through its Standard Casualty insurance group and CountryPlace Mortgage finance subsidiary, making it a comprehensive player in the factory-built housing ecosystem.
What makes Cavco a high-quality business is that it operates within a highly consolidated and attractive oligopoly that heavily favors scale and established distribution. The top three manufacturers in this industry, Clayton Homes, Skyline Champion, and Cavco, control more than 86% of total industry production. This concentrated industry structure creates significant barriers to entry for new competitors, allowing the dominant players to maintain rational pricing, and driving outsized returns on capital by leveraging procurement scale and a wide geographic reach. And unlike AI, housing is one of those industries that has been around for centuries and will likely continue to be around for centuries more..." (Click here to read the full text)
#homes
In its Q2 2026 investor letter, Brasada Capital Management highlighted Cavco Industries, Inc. (NASDAQ:CVCO). Cavco Industries, Inc. (NASDAQ:CVCO) is a leading manufacturer of factory-built homes primarily in the United States. On July 22, 2026, Cavco Industries, Inc. (NASDAQ:CVCO) closed at $570.05 per share, reflecting a market capitalization of $4.39 billion. Cavco Industries, Inc. (NASDAQ:CVCO) posted a one-month return of -6.32%, while its shares gained 38.35% over the past 52 weeks.
Brasada Capital Management stated the following regarding Cavco Industries, Inc. (NASDAQ:CVCO) in its Q2 2026 investor update:
"Cavco Industries, Inc. (NASDAQ:CVCO) is one of the largest producers of manufactured and modular homes, serving as a critical supplier of affordable housing solutions across the U.S. Cavco utilizes 33 manufacturing production lines and distributes its homes through a network of 92 company-owned retail locations as well as independent retailers. To support the entire homebuying lifecycle, Cavco also offers integrated services through its Standard Casualty insurance group and CountryPlace Mortgage finance subsidiary, making it a comprehensive player in the factory-built housing ecosystem.
What makes Cavco a high-quality business is that it operates within a highly consolidated and attractive oligopoly that heavily favors scale and established distribution. The top three manufacturers in this industry, Clayton Homes, Skyline Champion, and Cavco, control more than 86% of total industry production. This concentrated industry structure creates significant barriers to entry for new competitors, allowing the dominant players to maintain rational pricing, and driving outsized returns on capital by leveraging procurement scale and a wide geographic reach. And unlike AI, housing is one of those industries that has been around for centuries and will likely continue to be around for centuries more..." (Click here to read the full text)
#homes
5 days ago
San Francisco 49ers starting cornerback Deommodore Lenoir is heading into a pivotal 2026 season, according to Pro Football Focus.
PFF's Bradley Locker wrote that Lenoir is one of 10 players on Super Bowl contenders who make or break his respective teams' 2026 campaign. Locker pointed to a step back in coverage and run defense as reasons for concern with Lenoir.
Lenoir finished the 2025 regular season with 61 tackles (39 solo) and two interceptions across 17 starts, his lowest tackle total in four seasons as a starter. He also broke up three passes and allowed a 104.0 passer rating when targeted, per PFF, which had him at a 60.7 overall grade — 65th among 114 qualified cornerbacks.
It's still remarkable that the 49ers reached the divisional round given their defense finished 31st in success rate. While injuries and issues affected almost every level of the unit, Lenoir was also more ineffective than usual.
Lenoir led San Francisco in defensive snaps but posted a 65.7 PFF coverage grade, good for the 62nd percentile — a dip from the 74-plus coverage grades he posted in each of the previous two seasons. His 99.8 passer rating allowed still ranked 20th-highest among qualified corners, and he graded in the 51st percentile in coverage at outside corner. He was also flagged a career-high 10 times, and his run-defense grade fell to a personal low of 44.3.
#locker #season #finished #seasons
PFF's Bradley Locker wrote that Lenoir is one of 10 players on Super Bowl contenders who make or break his respective teams' 2026 campaign. Locker pointed to a step back in coverage and run defense as reasons for concern with Lenoir.
Lenoir finished the 2025 regular season with 61 tackles (39 solo) and two interceptions across 17 starts, his lowest tackle total in four seasons as a starter. He also broke up three passes and allowed a 104.0 passer rating when targeted, per PFF, which had him at a 60.7 overall grade — 65th among 114 qualified cornerbacks.
It's still remarkable that the 49ers reached the divisional round given their defense finished 31st in success rate. While injuries and issues affected almost every level of the unit, Lenoir was also more ineffective than usual.
Lenoir led San Francisco in defensive snaps but posted a 65.7 PFF coverage grade, good for the 62nd percentile — a dip from the 74-plus coverage grades he posted in each of the previous two seasons. His 99.8 passer rating allowed still ranked 20th-highest among qualified corners, and he graded in the 51st percentile in coverage at outside corner. He was also flagged a career-high 10 times, and his run-defense grade fell to a personal low of 44.3.
#locker #season #finished #seasons
5 days ago
By Harshita Mary Varghese
July 23 (Reuters) - T-Mobile said on Thursday it expects third-quarter postpaid account additions to decline sequentially as the telecom operator upgrades its rate plans, sending its shares down nearly 7%.
The company is phasing out older wireless plans and migrating affected customers to newer options that offer features like unlimited premium data and device upgrades, but are more expensive.
That strategy is also expected to lead to a temporary increase in customer churn in the current quarter, the company said. T-Mobile has also been facing intense competition from AT&T and Verizon.
The company expects about 250,000 net postpaid accounts in the third quarter, below Visible Alpha-compiled ***** ysts' average estimate of about 304,000 additions. It added 277,000 postpaid accounts in the previous quarter, which was already a 13% decline from a year earlier.
#company #expects #Third #plans
July 23 (Reuters) - T-Mobile said on Thursday it expects third-quarter postpaid account additions to decline sequentially as the telecom operator upgrades its rate plans, sending its shares down nearly 7%.
The company is phasing out older wireless plans and migrating affected customers to newer options that offer features like unlimited premium data and device upgrades, but are more expensive.
That strategy is also expected to lead to a temporary increase in customer churn in the current quarter, the company said. T-Mobile has also been facing intense competition from AT&T and Verizon.
The company expects about 250,000 net postpaid accounts in the third quarter, below Visible Alpha-compiled ***** ysts' average estimate of about 304,000 additions. It added 277,000 postpaid accounts in the previous quarter, which was already a 13% decline from a year earlier.
#company #expects #Third #plans
