3 hours ago
The story of the week became a much bigger story than it should have been because the 49ers deliberately delayed acknowledging that the Kyle Shanahan car accident had happened for 11 days. On Tuesday, Shanahan opted to correct the record as to the public record that placed blame on the other driver.
Via Matt Barrows of The Athletic, Lt. Nicolas Martinez of the Palo Alto police department confirmed that a mistake was made when entering the information into the database.
"I can confirm that Kyle Shanahan's statement that he provided is correct and that he was found at fault for the collision," Lt. Nicolas Martinez said in a statement. "There was a clerical error in the preparation of the report that was transmitted to the State database. We are in the process of correcting that error. It is the officer's discretion at the scene of the collision as to whether they issue a citation to either party. It is not uncommon for officers to elect to not issue a citation to either party involved in a collision. Neither party in this situation was provided preferential treatment."
That doesn't change the perception that Shanahan received preferential treatment, both as to the decision not to cite him and the extreme secrecy that applied until the 49ers were opening training camp and had no choice but to disclose it.
Regardless, the truth is finally coming out. The decision to keep it under wraps from July 14 until July 25 served only to make people wonder why it was handled that way. And it will still cause some to wonder whether the whole story has been shared.
#shanahan
Via Matt Barrows of The Athletic, Lt. Nicolas Martinez of the Palo Alto police department confirmed that a mistake was made when entering the information into the database.
"I can confirm that Kyle Shanahan's statement that he provided is correct and that he was found at fault for the collision," Lt. Nicolas Martinez said in a statement. "There was a clerical error in the preparation of the report that was transmitted to the State database. We are in the process of correcting that error. It is the officer's discretion at the scene of the collision as to whether they issue a citation to either party. It is not uncommon for officers to elect to not issue a citation to either party involved in a collision. Neither party in this situation was provided preferential treatment."
That doesn't change the perception that Shanahan received preferential treatment, both as to the decision not to cite him and the extreme secrecy that applied until the 49ers were opening training camp and had no choice but to disclose it.
Regardless, the truth is finally coming out. The decision to keep it under wraps from July 14 until July 25 served only to make people wonder why it was handled that way. And it will still cause some to wonder whether the whole story has been shared.
#shanahan
13 hours ago
Michael Burry's short targets Applied Materials after shares fell 26% from their peak, now trading at a steep 53x trailing price-to-earnings multiple.
China shifting to domestic toolmakers and potentially pulled-forward memory CapEx pose the two biggest risks to Applied Materials' future order pipeline.
Micron delivers cleaner, lower-valuation exposure to the memory boom than owning the equipment supplier one step removed from actual chip production.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Materials didn't make the cut. Grab the names FREE today.
There's no mystery why Dr. Michael Burry is so bearish on the semi trade. It's overheated, and if you think AI is in a bubble, it just makes sense to bet against the broad basket. With an individual bearish position in Applied Materials (NASDAQ:AMAT), though, questions linger as to whether there's more pain to be had in the individual name targeted by the great Michael Burry.
#michael #memory #bearish #individual
China shifting to domestic toolmakers and potentially pulled-forward memory CapEx pose the two biggest risks to Applied Materials' future order pipeline.
Micron delivers cleaner, lower-valuation exposure to the memory boom than owning the equipment supplier one step removed from actual chip production.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Materials didn't make the cut. Grab the names FREE today.
There's no mystery why Dr. Michael Burry is so bearish on the semi trade. It's overheated, and if you think AI is in a bubble, it just makes sense to bet against the broad basket. With an individual bearish position in Applied Materials (NASDAQ:AMAT), though, questions linger as to whether there's more pain to be had in the individual name targeted by the great Michael Burry.
#michael #memory #bearish #individual
23 hours ago
What happened: Semiconductor stocks fell on Tuesday, with the PHLX Semiconductor Index (^SOX) falling more than 3% as investors continued to unwind positions in one of the market's hottest AI-driven sectors this year.
US-listed shares of memory and storage leaders Micron Technology (MU), SK Hynix (SKHY), and Sandisk (SNDK) all fell more than 8% and 13%, respectively. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) also dropped.
AI chip heavyweight Nvidia (NVDA) stock reversed early morning losses to climb into green territory following a 5% drop on Monday. Peer AMD (AMD) fell more than 7%. Chip maker Intel (INTC), along with Marvell (MRVL) and Qualcomm (QCOM), also slid.
What's behind the move: The sell-off followed declines in semiconductor stocks abroad. In South Korea, SK Hynix fell more than 14%, while Samsung Electronics (005930.KS) dropped more than 13%.
European semiconductor stocks also moved lower as concerns about circular financing and intensifying competition from China have weighed on the sector.
#fell #asml
US-listed shares of memory and storage leaders Micron Technology (MU), SK Hynix (SKHY), and Sandisk (SNDK) all fell more than 8% and 13%, respectively. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) also dropped.
AI chip heavyweight Nvidia (NVDA) stock reversed early morning losses to climb into green territory following a 5% drop on Monday. Peer AMD (AMD) fell more than 7%. Chip maker Intel (INTC), along with Marvell (MRVL) and Qualcomm (QCOM), also slid.
What's behind the move: The sell-off followed declines in semiconductor stocks abroad. In South Korea, SK Hynix fell more than 14%, while Samsung Electronics (005930.KS) dropped more than 13%.
European semiconductor stocks also moved lower as concerns about circular financing and intensifying competition from China have weighed on the sector.
#fell #asml
1 day ago
The debate surrounding Virat Kohli and Rohit Sharma's ODI future refuses to die down despite both continuing to deliver for India. While neither head coach Gautam Gambhir nor chairman of selectors Ajit Agarkar has publicly committed to their participation in the 2027 World Cup, keeping the speculation around their future alive.
India's recent 1-2 ODI series defeat against England only added fuel to the conversation. Rohit silenced critics with a match-winning century in the series finale, registering his 34th ODI hundred amid speculation that the Lord's fixture could be his final international appearance. Kohli, meanwhile, chipped in with two half-centuries during the series after both senior batters struggled in the opening match.
Former India wicketkeeper-batter Deep Dasgupta believes there is no need to question Rohit and Kohli's places in the side, but stressed that both must make an immediate impact whenever a series begins instead of taking time to settle.
"That has to be a conversation with everyone, not just them (Kohli and Rohit), that they have to start the series well and hit the ground running. That is a challenge. You can't take one or two games to get into the groove. But that's where the support staff comes in and has conversations with the players by creating an environment to get the best out of everyone," Deep Dasgupta said on his YouTube channel.
Dasgupta insisted that the standards applied to the two stalwarts should remain unchanged despite the increasing scrutiny around their careers.
"There is no conversation needed with them about their places in the team. Four years back, it wasn't like they had to be reminded before every series that they would be in the team. They knew they would be in the team based on their performances. So how does that change now? It does not and should not change," he added.
Questions over the future of Rohit and Kohli have surfaced repeatedly since both retired from Test cricket last year, leaving ODIs as their only international format. Before the Lord's ODI against England, reports suggested that the selection committee was considering moving on from Rohit ahead of the 2027 World Cup to create an opening for Yashasvi Jaiswal.
However, the BCCI leadership dismissed reports that the Lord's encounter would be Rohit's final international appearance.
Dasgupta believes the constant speculation is largely because the pair now feature in only one international format, making every ODI performance subject to greater scrutiny.
132677492
"This discussion about their future is getting exaggerated because they play only one format. When you play multiple formats, if you fail in one but score in the other, the failure is forgotten. So that's a challenge for these two that can't be denied. People will remember what they last did in this format because they play only one format. But the conversation with them should be the same as it was three years ago," he added.
#dasgupta #intern
India's recent 1-2 ODI series defeat against England only added fuel to the conversation. Rohit silenced critics with a match-winning century in the series finale, registering his 34th ODI hundred amid speculation that the Lord's fixture could be his final international appearance. Kohli, meanwhile, chipped in with two half-centuries during the series after both senior batters struggled in the opening match.
Former India wicketkeeper-batter Deep Dasgupta believes there is no need to question Rohit and Kohli's places in the side, but stressed that both must make an immediate impact whenever a series begins instead of taking time to settle.
"That has to be a conversation with everyone, not just them (Kohli and Rohit), that they have to start the series well and hit the ground running. That is a challenge. You can't take one or two games to get into the groove. But that's where the support staff comes in and has conversations with the players by creating an environment to get the best out of everyone," Deep Dasgupta said on his YouTube channel.
Dasgupta insisted that the standards applied to the two stalwarts should remain unchanged despite the increasing scrutiny around their careers.
"There is no conversation needed with them about their places in the team. Four years back, it wasn't like they had to be reminded before every series that they would be in the team. They knew they would be in the team based on their performances. So how does that change now? It does not and should not change," he added.
Questions over the future of Rohit and Kohli have surfaced repeatedly since both retired from Test cricket last year, leaving ODIs as their only international format. Before the Lord's ODI against England, reports suggested that the selection committee was considering moving on from Rohit ahead of the 2027 World Cup to create an opening for Yashasvi Jaiswal.
However, the BCCI leadership dismissed reports that the Lord's encounter would be Rohit's final international appearance.
Dasgupta believes the constant speculation is largely because the pair now feature in only one international format, making every ODI performance subject to greater scrutiny.
132677492
"This discussion about their future is getting exaggerated because they play only one format. When you play multiple formats, if you fail in one but score in the other, the failure is forgotten. So that's a challenge for these two that can't be denied. People will remember what they last did in this format because they play only one format. But the conversation with them should be the same as it was three years ago," he added.
#dasgupta #intern
2 days ago
A post asking whether 20,000 XRP is enough for retirement savings drew heavy criticism on X, exposing how far optimistic price targets sit from current reality.
The debate cuts to a question every crypto holder eventually faces: how much is actually enough?
A savings threshold is the portfolio size needed to generate a reliable income without depleting the principal. Jake Claver, chairman of DAG Family Office, applied that idea to XRP holdings this week.
His scenario rested on a single ***** umption. If XRP reached $100 per token, a 20,000 XRP position would be worth $2 million. From there, the math looked simple enough.
A conservative 5% annual return on that sum would produce roughly $100,000 in pre-tax income each year.
#enough #office
The debate cuts to a question every crypto holder eventually faces: how much is actually enough?
A savings threshold is the portfolio size needed to generate a reliable income without depleting the principal. Jake Claver, chairman of DAG Family Office, applied that idea to XRP holdings this week.
His scenario rested on a single ***** umption. If XRP reached $100 per token, a 20,000 XRP position would be worth $2 million. From there, the math looked simple enough.
A conservative 5% annual return on that sum would produce roughly $100,000 in pre-tax income each year.
#enough #office
5 days ago
Deep Sail Capital Partners, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund significantly outperformed both of its benchmarks, the Russell 2000 Mid Cap Growth Index and the Russell 2000 Index, returning 41.6% net of fees while averaging 88% net long exposure. YTD, the fund returned 16.5% net of fees. long portfolio significantly outperformed both benchmarks, while the short portfolio was mixed in the quarter. The letter states that there was a notable performance push in Q1, which was reflected in Q2, driven by both the Iran War and idiosyncratic impacts on positions in the fund. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted Celestica Inc. (NYSE:CLS). Celestica Inc. (NYSE:CLS) is a leading technology and electronic manufacturing services company that offers supply chain solutions across multiple countries. On July 22, 2026, Celestica Inc. (NYSE:CLS) closed at $335.50 per share, reflecting a market capitalization of $38.57 billion. Celestica Inc. (NYSE:CLS) posted a one-month return of -7.17%, while its shares gained 104.60% over the past 52 weeks.
Deep Sail Capital Partners stated the following regarding Celestica Inc. (NYSE:CLS) in its Q2 2026 investor update:
"Celestica Inc. (NYSE:CLS) has transitioned from its legacy roots as an IBM captive manufacturer to become a design and technology integration leader within the AI and cloud infrastructure ***** e. Celestica was founded in 1994 as a subsidiary of IBM Canada. It was subsequently acquired by PE, and then IPOed in the late 1990s. The company's strategy from there was an acquisition model for the next two decades, acquiring various electronics and computer peripherals manufacturing and supply companies, highly tied to major OEMs like IBM, Avaya, and Lucent. At the beginning of the AI boom, the company found itself incredibly well positioned to provide specialized design, operational, and engineering services to large technology companies looking to build data centers or ***** ociated integrated rack systems.
The business segments of Celestica are split into two highly specialized operational segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). Within the CCS segment, the company serves enterprise AI companies and the hyperscalers, including Google, Meta, Dell, HPE, IBM, Juniper Networks, and Oracle Corporation, among others. Within the ATS segment, Celestica supports highly complex capital equipment, aerospace, and defense programs for Tier-1 customers such as Applied Materials, Honeywell, Lam Research, and Raytheon..." (Click here to read the full text)
#deep #solutions
In its Q2 2026 investor letter, Deep Sail Capital Partners highlighted Celestica Inc. (NYSE:CLS). Celestica Inc. (NYSE:CLS) is a leading technology and electronic manufacturing services company that offers supply chain solutions across multiple countries. On July 22, 2026, Celestica Inc. (NYSE:CLS) closed at $335.50 per share, reflecting a market capitalization of $38.57 billion. Celestica Inc. (NYSE:CLS) posted a one-month return of -7.17%, while its shares gained 104.60% over the past 52 weeks.
Deep Sail Capital Partners stated the following regarding Celestica Inc. (NYSE:CLS) in its Q2 2026 investor update:
"Celestica Inc. (NYSE:CLS) has transitioned from its legacy roots as an IBM captive manufacturer to become a design and technology integration leader within the AI and cloud infrastructure ***** e. Celestica was founded in 1994 as a subsidiary of IBM Canada. It was subsequently acquired by PE, and then IPOed in the late 1990s. The company's strategy from there was an acquisition model for the next two decades, acquiring various electronics and computer peripherals manufacturing and supply companies, highly tied to major OEMs like IBM, Avaya, and Lucent. At the beginning of the AI boom, the company found itself incredibly well positioned to provide specialized design, operational, and engineering services to large technology companies looking to build data centers or ***** ociated integrated rack systems.
The business segments of Celestica are split into two highly specialized operational segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). Within the CCS segment, the company serves enterprise AI companies and the hyperscalers, including Google, Meta, Dell, HPE, IBM, Juniper Networks, and Oracle Corporation, among others. Within the ATS segment, Celestica supports highly complex capital equipment, aerospace, and defense programs for Tier-1 customers such as Applied Materials, Honeywell, Lam Research, and Raytheon..." (Click here to read the full text)
#deep #solutions
5 days ago
LOS ANGELES (AP) — Nearly 150,000 California voters had their mail-in ballots rejected for the state's June primary, a spike from recent elections even as the state attempts to make voting easier with the goal of boosting participation and counting every ballot.
California has become notorious for its ponderously slow vote counts that can drag on for weeks and sometimes longer, largely the result of multiple changes over the years that were intended to increase turnout but have done little to achieve that. Among the changes: Every voter receives a mail-in ballot that can arrive at an election office seven days late and still be counted, provided the envelope is postmarked by Election Day.
Yet even with that generous weeklong window, the primary driver of the higher rejection numbers is late-arriving ballots, according to data compiled by the secretary of state's office. Voting experts suspect the main problem is postmarks on ballots that came after Election Day, making them ineligible to be counted. The culprit could be U.S. Postal Service changes that might affect the timing of when postmarks are applied.
According to state data, 148,241 mail ballots were rejected in the June election, or a rate of 1.73% of all mail ballots.
In raw numbers, that's up from the 2024 primary, when 108,982 mail ballots were rejected, or a 1.56% rate. In 2022, 105,818 mail ballots were voided during the primary, or a rate similar to 2024.
#mail #changes #california
California has become notorious for its ponderously slow vote counts that can drag on for weeks and sometimes longer, largely the result of multiple changes over the years that were intended to increase turnout but have done little to achieve that. Among the changes: Every voter receives a mail-in ballot that can arrive at an election office seven days late and still be counted, provided the envelope is postmarked by Election Day.
Yet even with that generous weeklong window, the primary driver of the higher rejection numbers is late-arriving ballots, according to data compiled by the secretary of state's office. Voting experts suspect the main problem is postmarks on ballots that came after Election Day, making them ineligible to be counted. The culprit could be U.S. Postal Service changes that might affect the timing of when postmarks are applied.
According to state data, 148,241 mail ballots were rejected in the June election, or a rate of 1.73% of all mail ballots.
In raw numbers, that's up from the 2024 primary, when 108,982 mail ballots were rejected, or a 1.56% rate. In 2022, 105,818 mail ballots were voided during the primary, or a rate similar to 2024.
#mail #changes #california
5 days ago
As the old adage goes, the only certainties in life are death and taxes. But an old rule applied in a new way for ETFs challenges one of those certainties.
Section 351 exchanges rely on a little-known provision of the U.S. tax code that, under specific conditions, allows appreciated securities to be contributed to a newly formed ETF without triggering an immediate taxable event. Especially for investors with concentrated stock positions, 351 conversions can provide a tax-efficient path to enhancing portfolio diversification. (Read: "Got Cap Gains? How Portfolios Can Move Into ETFs Tax-Free")
While Section 351 has been around for decades, only recently have ETF issuers applied the rule towards new ETFs. We recently sat down with independent tax management expert Brent Sullivan to better understand the opportunities (and obstacles) ETFs launched via Section 351 may present to investors.
Below is a lightly edited transcript of our conversation.
You're obviously passionate about taxes. Why does this topic interest you so much?
#etfs #section #taxes #applied
Section 351 exchanges rely on a little-known provision of the U.S. tax code that, under specific conditions, allows appreciated securities to be contributed to a newly formed ETF without triggering an immediate taxable event. Especially for investors with concentrated stock positions, 351 conversions can provide a tax-efficient path to enhancing portfolio diversification. (Read: "Got Cap Gains? How Portfolios Can Move Into ETFs Tax-Free")
While Section 351 has been around for decades, only recently have ETF issuers applied the rule towards new ETFs. We recently sat down with independent tax management expert Brent Sullivan to better understand the opportunities (and obstacles) ETFs launched via Section 351 may present to investors.
Below is a lightly edited transcript of our conversation.
You're obviously passionate about taxes. Why does this topic interest you so much?
#etfs #section #taxes #applied
6 days ago
By Anshuman Tripathy
July 22 (Reuters) - Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.
Growing demand for AI-related tools and products has boosted investments in data centers and network equipment globally, benefiting companies like TE, which produces electrical connector systems used in data centers.
CEO Terrence Curtin told Reuters in an interview that the company would stick to its strategy of passing on higher raw material costs through price hikes to protect its margins, as the cost of oil-based products such as resins remains elevated amid renewed fighting between the U.S. and Iran.
When asked about refunds from President Donald Trump's tariffs, Curtin said the company had applied for them and had not "gotten big money back," adding that it would return the refunds to customers, rather than offering broad price cuts.
#company
July 22 (Reuters) - Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.
Growing demand for AI-related tools and products has boosted investments in data centers and network equipment globally, benefiting companies like TE, which produces electrical connector systems used in data centers.
CEO Terrence Curtin told Reuters in an interview that the company would stick to its strategy of passing on higher raw material costs through price hikes to protect its margins, as the cost of oil-based products such as resins remains elevated amid renewed fighting between the U.S. and Iran.
When asked about refunds from President Donald Trump's tariffs, Curtin said the company had applied for them and had not "gotten big money back," adding that it would return the refunds to customers, rather than offering broad price cuts.
#company
6 days ago
Applied Optoelectronics rallied for a third consecutive day on Tuesday, jumping 15.76 percent to finish at $119.26 apiece, as investors began positioning their portfolios ahead of the results of its earnings performance in the second quarter of the year.
Photo from Applied Optoelectronics website
Applied Optoelectronics Inc. (NASDAQ:AAOI) is highly optimistic about its outlook for the second quarter of the year.
The company—which is scheduled to release the results on August 6—earlier said that it is targeting to report 74 to 92 percent growth in revenues in the second quarter to a range of $180 million to $198 million, versus the $103 million posted in the same period last year.
It also expects to either narrow its net loss by 72 percent to $2.5 million from $9.1 million year-on-year, or swing to a net income of up to $2.8 million.
#applied #percent
Photo from Applied Optoelectronics website
Applied Optoelectronics Inc. (NASDAQ:AAOI) is highly optimistic about its outlook for the second quarter of the year.
The company—which is scheduled to release the results on August 6—earlier said that it is targeting to report 74 to 92 percent growth in revenues in the second quarter to a range of $180 million to $198 million, versus the $103 million posted in the same period last year.
It also expects to either narrow its net loss by 72 percent to $2.5 million from $9.1 million year-on-year, or swing to a net income of up to $2.8 million.
#applied #percent
7 days ago
Look, everyone, you need to come to grips with the reality that Indiana really did win the College Football Playoff National Championship under Curt Cignetti, and it might do it again.
This isn't stopping.
Anecdotal, I know, but let me sum up the prevailing attitude of just about all the various media hits I've done since the Hoosiers had, arguably, the greatest season in the history of college football.
Wonderful story, amazing job done by Cignetti. Now Ohio State, Alabama, Notre Dame, and the other bluebloods will restore order, and Indiana will go back to waiting for basketball season.
Well done, Hoosiers, here are your commemorative t-shirts, off you go ...
Nope.
Grace Hollars/IndyStar / USA TODAY NETWORK via Imagn Images
It's not just that Indiana took a blowtorch to everything the stodgy world of college football knows to be holy, right, and true.
It's that now everyone - from Kentucky to UCLA to insert-your-Power-Four-school-here - has some glimmer of hope that maybe, with the right mix of miracles, can have the type of success that fans of most schools have been generationally conditioned to not dare dream possible.
It's also that the bar has been raised for the powerhouses.
Alabama didn't just lose in the College Football Playoff. Ala-FREAKING-Bama is still recovering from the atomic wedgie applied by ... Indiana?! It offends the sensibilities.
And if you think that's not sitting well for an Alabama, try Nebraska, and USC, and Florida and all the other traditional football schools that expect to compete for giant things every year, and can't.
But no, this doesn't necessarily mean Indiana will win the national ****** le again this year, or next year, or five years from now. It means that it'll at least be in the mix.
Ohio State doesn't win it all every year. Texas still hasn't won one since Vince Young. Notre Dame hasn't won one since 1988.
#alabama #done #playoff
This isn't stopping.
Anecdotal, I know, but let me sum up the prevailing attitude of just about all the various media hits I've done since the Hoosiers had, arguably, the greatest season in the history of college football.
Wonderful story, amazing job done by Cignetti. Now Ohio State, Alabama, Notre Dame, and the other bluebloods will restore order, and Indiana will go back to waiting for basketball season.
Well done, Hoosiers, here are your commemorative t-shirts, off you go ...
Nope.
Grace Hollars/IndyStar / USA TODAY NETWORK via Imagn Images
It's not just that Indiana took a blowtorch to everything the stodgy world of college football knows to be holy, right, and true.
It's that now everyone - from Kentucky to UCLA to insert-your-Power-Four-school-here - has some glimmer of hope that maybe, with the right mix of miracles, can have the type of success that fans of most schools have been generationally conditioned to not dare dream possible.
It's also that the bar has been raised for the powerhouses.
Alabama didn't just lose in the College Football Playoff. Ala-FREAKING-Bama is still recovering from the atomic wedgie applied by ... Indiana?! It offends the sensibilities.
And if you think that's not sitting well for an Alabama, try Nebraska, and USC, and Florida and all the other traditional football schools that expect to compete for giant things every year, and can't.
But no, this doesn't necessarily mean Indiana will win the national ****** le again this year, or next year, or five years from now. It means that it'll at least be in the mix.
Ohio State doesn't win it all every year. Texas still hasn't won one since Vince Young. Notre Dame hasn't won one since 1988.
#alabama #done #playoff
7 days ago
Cher will have to pay more than $1 million in legal fees after a protracted court battle over royalties.
The Believe singer had applied to recoup her legal bills after battling her ex-husband's widow, Mary Bono, in court.
Cher, 80, had spent $1,023,605 (£764,810) on top-ranked legal representation as she worked to fight Mary, the widow of Cher's ex-husband Sonny Bono, after Mary stopped royalty payments to Cher.
The singer's 1978 divorce settlement with Sonny had previously entitled Cher to a permanent 50% cut of any publishing revenue from songs written before their split, including their monster hit, I Got You Babe.
Mary discontinued the 50-50 royalty payments in 2021, 23 years after Sonny's 1998 death in a skiing accident, claiming she had "termination right".
However in December 2025, a judge determined Cher should continue to be entitled to the payments - at which point Cher attempted to retrieve the money she had spent warring with Mary in court.
#mary #widow
The Believe singer had applied to recoup her legal bills after battling her ex-husband's widow, Mary Bono, in court.
Cher, 80, had spent $1,023,605 (£764,810) on top-ranked legal representation as she worked to fight Mary, the widow of Cher's ex-husband Sonny Bono, after Mary stopped royalty payments to Cher.
The singer's 1978 divorce settlement with Sonny had previously entitled Cher to a permanent 50% cut of any publishing revenue from songs written before their split, including their monster hit, I Got You Babe.
Mary discontinued the 50-50 royalty payments in 2021, 23 years after Sonny's 1998 death in a skiing accident, claiming she had "termination right".
However in December 2025, a judge determined Cher should continue to be entitled to the payments - at which point Cher attempted to retrieve the money she had spent warring with Mary in court.
#mary #widow
8 days ago
IREN spiked 16% and APLD jumped 9% in a technical rebound after both shed over 40% of their value in the past month; meanwhile, WULF added 7% in risk-on Monday morning trading action.
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
Applied Digital CEO Wes ****** mins noted CoreWeave demand helped drive 139% revenue growth as hyperscaler capex climbed from roughly $400 billion to $700 billion.
Core Scientific posted 45% revenue growth with colocation surging 9x year-over-year, while IREN and TeraWulf still carry heavy losses despite the sector bounce.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Iren didn't make the cut. Grab the names FREE today.
Shares of AI infrastructure names are bouncing hard in early Monday trading, led by IREN (NASDAQ:IREN), up 17% to $39.28. Applied Digital (NASDAQ:APLD) is up 9% to $28.06, TeraWulf (NASDAQ:WULF) is up 7% to $19.44, and Core Scientific (NASDAQ:CORZ) is up 7% to $22.31.
#apld
9 days ago
What happened: Semiconductor stocks jumped on Monday in early trading, recovering from a rout that left the PHLX Semiconductor Index (^SOX) down more than 9% last week.
AI chip heavyweight Nvidia (NVDA) rose more than 2%, while AMD (AMD) jumped 4% on ****** yst price target calls. Broadcom (AVGO) and Intel (INTC) also gained on Monday. Marvell (MRVL) and Qualcomm (QCOM) rose as well, reversing Friday's losses.
Memory and storage leaders Micron Technology (MU) and SK Hynix (SKHY), meanwhile, jumped 5%. Highflier Sandisk (SNDK) gained more than 3%. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) edged higher.
What's behind the move: Chipmaker AMD was selected as a "top pick" by Rosenblatt, which raised its price target on the stock to $665 from $490. UBS ****** ysts also raised their price target on the stock to $700, maintaining a Buy rating ahead of the chipmaker's annual AI conference this week.
Despite the semiconductor pullback, Wall Street sees the AI trade intact with the semiconductor index 20% decline over the past month signaling "a positioning unwind following a 90% year-to-date rally," according to UBS ****** ysts.
AI chip heavyweight Nvidia (NVDA) rose more than 2%, while AMD (AMD) jumped 4% on ****** yst price target calls. Broadcom (AVGO) and Intel (INTC) also gained on Monday. Marvell (MRVL) and Qualcomm (QCOM) rose as well, reversing Friday's losses.
Memory and storage leaders Micron Technology (MU) and SK Hynix (SKHY), meanwhile, jumped 5%. Highflier Sandisk (SNDK) gained more than 3%. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) edged higher.
What's behind the move: Chipmaker AMD was selected as a "top pick" by Rosenblatt, which raised its price target on the stock to $665 from $490. UBS ****** ysts also raised their price target on the stock to $700, maintaining a Buy rating ahead of the chipmaker's annual AI conference this week.
Despite the semiconductor pullback, Wall Street sees the AI trade intact with the semiconductor index 20% decline over the past month signaling "a positioning unwind following a 90% year-to-date rally," according to UBS ****** ysts.
12 days ago
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%.
Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well.
Among semiconductor equipment makers, Applied Materials (AMAT) and Lam Research (LRCX) each declined more than 4%.
Going into Friday's trading session, global semiconductor stocks had shed $3.3 trillion in market value since June 22.
What's behind the move: Semiconductor stocks have been volatile in recent weeks over concerns that investors will want to see a return on investment from big spenders on AI infrastructure.
Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well.
Among semiconductor equipment makers, Applied Materials (AMAT) and Lam Research (LRCX) each declined more than 4%.
Going into Friday's trading session, global semiconductor stocks had shed $3.3 trillion in market value since June 22.
What's behind the move: Semiconductor stocks have been volatile in recent weeks over concerns that investors will want to see a return on investment from big spenders on AI infrastructure.
13 days ago
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) is one of the top beaten-down REITs ready for a rotation rally. On July 6, Citizens ****** yst Chris Muller reiterated a Market Outperform rating and an $11 price target on Franklin BSP Realty Trust, Inc. (NYSE:FBRT).
Muller announced the decision after reviewing Franklin BSP's first-quarter 2026 results. He used the insights from the review to update his firm's internal financial model for the company.
One of the things Muller picked from the earnings report is Franklin BSP's ongoing shift toward becoming a full-service real estate platform. He noted that this transition is creating some earnings pressure in the short term. The ****** yst added that despite the near-term drag on earnings, the platform shift should eventually lead to more stable and predictable earnings for the company. There is also potential upside to book value, largely because of the tax advantages tied to operating more activity through a REIT structure rather than a taxable REIT subsidiary, Muller stated.
Muller detailed that the $11 price target is built around a required dividend yield of 7.3%. The yield is applied to Franklin BSP's annualized dividend of $0.80 per share, which works out to $0.20 per quarter. That target also corresponds to a price-to-book value multiple of 0.75 times once the company's platform transition is fully reflected in its books. For context, Franklin BSP's shares were trading at a price-to-book ratio of 0.55 at the time, meaning the stock was valued well below the multiple implied by Citizens' target price.
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) is a real estate finance company. It originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally.
Muller announced the decision after reviewing Franklin BSP's first-quarter 2026 results. He used the insights from the review to update his firm's internal financial model for the company.
One of the things Muller picked from the earnings report is Franklin BSP's ongoing shift toward becoming a full-service real estate platform. He noted that this transition is creating some earnings pressure in the short term. The ****** yst added that despite the near-term drag on earnings, the platform shift should eventually lead to more stable and predictable earnings for the company. There is also potential upside to book value, largely because of the tax advantages tied to operating more activity through a REIT structure rather than a taxable REIT subsidiary, Muller stated.
Muller detailed that the $11 price target is built around a required dividend yield of 7.3%. The yield is applied to Franklin BSP's annualized dividend of $0.80 per share, which works out to $0.20 per quarter. That target also corresponds to a price-to-book value multiple of 0.75 times once the company's platform transition is fully reflected in its books. For context, Franklin BSP's shares were trading at a price-to-book ratio of 0.55 at the time, meaning the stock was valued well below the multiple implied by Citizens' target price.
Franklin BSP Realty Trust, Inc. (NYSE:FBRT) is a real estate finance company. It originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure in the United States and internationally.
14 days ago
Speaking to CBS Mornings after the United States' elimination from their home World Cup, Balogun acknowledged that while he felt initial relief when FIFA lifted his suspension, the political involvement created an uncomfortable atmosphere within the squad.
"The first feeling was relief and happiness," Balogun said. "But shortly after, I realized the decision would provoke great repercussion and increase pressure on the entire group. As the match approached, you could notice a certain discomfort among my teammates."
The controversy began during the United States' 2-0 victory over Bosnia and Herzegovina, when Brazilian referee Raphael Claus showed Balogun a red card after VAR review. The striker had caught defender Muharemovic's heel while challenging for the ball.
Balogun maintains the punishment was excessive, insisting the contact was unintentional and shouldn't have warranted a foul, let alone a red card. "Red cards should only be applied in plays with clear intention to hit the opponent," he argued.
WASHINGTON, DC - DECEMBER 05: U.S. President Donald Trump and Gianni Infantino, President of FIFA, chat during the FIFA World Cup 2026 Official Draw at John F. Kennedy Center for the Performing Arts on December 05, 2025 in Washington, DC. (Photo by Dan Mullan/Getty Images)
"The first feeling was relief and happiness," Balogun said. "But shortly after, I realized the decision would provoke great repercussion and increase pressure on the entire group. As the match approached, you could notice a certain discomfort among my teammates."
The controversy began during the United States' 2-0 victory over Bosnia and Herzegovina, when Brazilian referee Raphael Claus showed Balogun a red card after VAR review. The striker had caught defender Muharemovic's heel while challenging for the ball.
Balogun maintains the punishment was excessive, insisting the contact was unintentional and shouldn't have warranted a foul, let alone a red card. "Red cards should only be applied in plays with clear intention to hit the opponent," he argued.
WASHINGTON, DC - DECEMBER 05: U.S. President Donald Trump and Gianni Infantino, President of FIFA, chat during the FIFA World Cup 2026 Official Draw at John F. Kennedy Center for the Performing Arts on December 05, 2025 in Washington, DC. (Photo by Dan Mullan/Getty Images)
15 days ago
Applied Materials (AMAT), a semiconductor chip equipment and software maker, is showing highly unusual out-of-the-money (OTM) put options activity today. AMAT stock is off its highs. This could be a bullish signal ahead of earnings.
AMAT is down over 4.6% today at $575.11 per share. It's off from a peak price of $723.00 on June 30. However, since its last earnings release on May 14, where the company showed lower free cash flow (FCF), AMAT has risen over 30.5% ($440.56).
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AMAT is down over 4.6% today at $575.11 per share. It's off from a peak price of $723.00 on June 30. However, since its last earnings release on May 14, where the company showed lower free cash flow (FCF), AMAT has risen over 30.5% ($440.56).
Nvidia Stock Has Been Flat, But NVDA Price Targets are Higher - Shorting Puts Works
Netflix Stock is at New Lows, But Its FCF Is Strong - Is NFLX Too Cheap?
Wheat's Bullish Fundamentals Are Growing—So Why Do Prices Keep Falling?
15 days ago
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It is very rare for an ordinary household to owe money on gifts.
The gift tax has a somewhat complicated two-tier structure. Each year you can give up to an annual amount (the "annual exclusion") without paying, or even reporting, anything on your taxes. Then, over your lifetime, you have a significantly higher amount that you can give away in total without owing any taxes (the "lifetime exclusion"). In any given year, if you have given away your entire lifetime exclusion you owe gift taxes on any amount you give over the annual exclusion. The result is that the IRS only taxes one-to-one gifts worth $18,000 in 2024. In 2025, that will go up to $19,000. But the lifetime exclusion must also be considered, and there are ways to gift couples more.
For example, say that you'd like to give $65,000 to your daughter and her husband. In most, but not all cases, you will not owe any taxes. In some cases, you'll have to file some extra paperwork with the IRS, despite not necessarily owing any money. Here's what to know. You can also use this free tool to match with a financial advisor if you're interested in personalized financial guidance.
The gift and estate tax is a joint tax applied to all unilateral transfers. This means that it can apply whenever you give someone ******* ets without receiving something of equivalent value in exchange. In most cases, this involves three situations:
It is very rare for an ordinary household to owe money on gifts.
The gift tax has a somewhat complicated two-tier structure. Each year you can give up to an annual amount (the "annual exclusion") without paying, or even reporting, anything on your taxes. Then, over your lifetime, you have a significantly higher amount that you can give away in total without owing any taxes (the "lifetime exclusion"). In any given year, if you have given away your entire lifetime exclusion you owe gift taxes on any amount you give over the annual exclusion. The result is that the IRS only taxes one-to-one gifts worth $18,000 in 2024. In 2025, that will go up to $19,000. But the lifetime exclusion must also be considered, and there are ways to gift couples more.
For example, say that you'd like to give $65,000 to your daughter and her husband. In most, but not all cases, you will not owe any taxes. In some cases, you'll have to file some extra paperwork with the IRS, despite not necessarily owing any money. Here's what to know. You can also use this free tool to match with a financial advisor if you're interested in personalized financial guidance.
The gift and estate tax is a joint tax applied to all unilateral transfers. This means that it can apply whenever you give someone ******* ets without receiving something of equivalent value in exchange. In most cases, this involves three situations:
15 days ago
FRANKFURT, July 14 (Reuters) - The European Central Bank has picked 36 payment service providers, including some of the euro zone's biggest financial firms, to join the pilot programme for its digital euro project, it said on Tuesday.
The ECB has been working on the digital euro for years, partly to wean the bloc off U.S.-based payment providers, and hopes for first issuance in 2029, provided that long-delayed legislation is put in place by the end of this year.
The pilot, due to start in the second half of 2027, will last for 12 months and will test the digital euro's technical functionality and operational processes, and will also be used to refine user experience, the ECB said in a statement.
More than 50 companies applied to participate in the pilot and the 36 selected firms include such top names as Deutsche Bank and UniCredit as well as fast-growing digital banks such as Revolut.
The pilot will take place at the ECB and 19 of the euro zone's 21 central banks, with absences from Bulgaria and Malta.
The ECB has been working on the digital euro for years, partly to wean the bloc off U.S.-based payment providers, and hopes for first issuance in 2029, provided that long-delayed legislation is put in place by the end of this year.
The pilot, due to start in the second half of 2027, will last for 12 months and will test the digital euro's technical functionality and operational processes, and will also be used to refine user experience, the ECB said in a statement.
More than 50 companies applied to participate in the pilot and the 36 selected firms include such top names as Deutsche Bank and UniCredit as well as fast-growing digital banks such as Revolut.
The pilot will take place at the ECB and 19 of the euro zone's 21 central banks, with absences from Bulgaria and Malta.
16 days ago
CONCORD, N.H. (AP) — A Vermont man who was 17 when he and a friend killed a pair of married Dartmouth College professors 25 years ago is seeking to have his life sentence reduced to a minimum of 30 to 40 years.
Robert Tulloch, now 43, was automatically sentenced to life without parole after pleading guilty to first-degree murder in the 2001 stabbing deaths of Half and Susanne Zantop. But the U.S. Supreme Court ruled in 2012 that mandatory sentences of life without parole are unconstitutional for juveniles, and later applied that decision retroactively.
The rulings gave hundreds of juvenile lifers a shot at freedom, including five men serving life sentences in New Hampshire for murders they committed as teenagers. Tulloch's resentencing hearing, the last of the five, begins Monday in Grafton County Superior Court.
The state hasn't said what sentence it will seek. But in a court filing last week, Tulloch's lawyers argue that a minimum sentence in the range of 30 to 40 years is appropriate, based on a review of other murders committed by juveniles in New Hampshire and cases nationwide that were affected by the Supreme Court rulings.
Attorneys Richard Guerriero and Oliver Bloom also said Tulloch's prison records show he has matured, and that after some initial misconduct early on, he's had no major infractions since 2012 and no minor infractions since 2017. "The vast majority of his write-ups are for possessing too many books," they wrote.
Robert Tulloch, now 43, was automatically sentenced to life without parole after pleading guilty to first-degree murder in the 2001 stabbing deaths of Half and Susanne Zantop. But the U.S. Supreme Court ruled in 2012 that mandatory sentences of life without parole are unconstitutional for juveniles, and later applied that decision retroactively.
The rulings gave hundreds of juvenile lifers a shot at freedom, including five men serving life sentences in New Hampshire for murders they committed as teenagers. Tulloch's resentencing hearing, the last of the five, begins Monday in Grafton County Superior Court.
The state hasn't said what sentence it will seek. But in a court filing last week, Tulloch's lawyers argue that a minimum sentence in the range of 30 to 40 years is appropriate, based on a review of other murders committed by juveniles in New Hampshire and cases nationwide that were affected by the Supreme Court rulings.
Attorneys Richard Guerriero and Oliver Bloom also said Tulloch's prison records show he has matured, and that after some initial misconduct early on, he's had no major infractions since 2012 and no minor infractions since 2017. "The vast majority of his write-ups are for possessing too many books," they wrote.
16 days ago
Reece James has expressed his relief and satisfaction at recovering from injury just in time for England's crucial World Cup semi-final clash against holders Argentina.
The Chelsea captain made a timely return to action by featuring as a second-half substitute in the Three Lions' 2-1 quarter-final victory over Norway after extra time on Saturday.
James had been sidelined for three matches due to a hamstring problem sustained during the second group stage fixture against Ghana. His re-entry into the squad saw him initially deployed in central midfield before shifting to his more familiar right-back position, as two goals from Jude Bellingham secured England's progression.
Speaking to Lions Den, James reflected on his comeback: "It's good to be back out there with the boys. Picking up an injury at a tournament is always a race against the clock. I applied myself and happy to be back out there."
Despite not consistently delivering their peak performance throughout the tournament, the England squad has consistently found a way to overcome each challenge, though a formidable test now awaits them.
The Chelsea captain made a timely return to action by featuring as a second-half substitute in the Three Lions' 2-1 quarter-final victory over Norway after extra time on Saturday.
James had been sidelined for three matches due to a hamstring problem sustained during the second group stage fixture against Ghana. His re-entry into the squad saw him initially deployed in central midfield before shifting to his more familiar right-back position, as two goals from Jude Bellingham secured England's progression.
Speaking to Lions Den, James reflected on his comeback: "It's good to be back out there with the boys. Picking up an injury at a tournament is always a race against the clock. I applied myself and happy to be back out there."
Despite not consistently delivering their peak performance throughout the tournament, the England squad has consistently found a way to overcome each challenge, though a formidable test now awaits them.
17 days ago
Applied Optoelectronics, Inc. (NASDAQ:AAOI) is one of the best performing AI stocks over the last 3 years, with a 3Y CAGR of 144.7%.
On June 21, Rosenblatt Securities ****** yst Michael Genovese reiterated a Buy rating and maintained a $220 price target. The firm's documented thesis has centered on Amazon-related 800G revenue, potential Oracle qualifications and a product mix spanning 100G, 400G, 800G and 1.6T connectivity. That view is supported by more than $324 million of reported orders for 800G and 1.6T products tied to hyperscale demand. That backlog makes execution the focus. Orders and customer qualifications must convert into shipments, while higher volumes need to improve profitability and cash flow. AAOI's vertically integrated manufacturing model can help with cost and supply control, yet rapid capacity expansion creates its own operational burden.
Customer concentration is another important consideration, as a delayed qualification or a changed deployment schedule can materially affect results. Rosenblatt's reiteration indicates confidence in the optical ramp, while the order base provides a measurable benchmark for subsequent delivery.
Applied Optoelectronics, Inc. (NASDAQ:AAOI) designs and manufactures optical networking products, including lasers, transceivers and related equipment for internet data centers, cable television networks, telecommunications and fiber-access markets.
While we acknowledge the risk and potential of AAOI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAOI and that has 10,000% upside potential, check out our report about the cheapest AI stock.
On June 21, Rosenblatt Securities ****** yst Michael Genovese reiterated a Buy rating and maintained a $220 price target. The firm's documented thesis has centered on Amazon-related 800G revenue, potential Oracle qualifications and a product mix spanning 100G, 400G, 800G and 1.6T connectivity. That view is supported by more than $324 million of reported orders for 800G and 1.6T products tied to hyperscale demand. That backlog makes execution the focus. Orders and customer qualifications must convert into shipments, while higher volumes need to improve profitability and cash flow. AAOI's vertically integrated manufacturing model can help with cost and supply control, yet rapid capacity expansion creates its own operational burden.
Customer concentration is another important consideration, as a delayed qualification or a changed deployment schedule can materially affect results. Rosenblatt's reiteration indicates confidence in the optical ramp, while the order base provides a measurable benchmark for subsequent delivery.
Applied Optoelectronics, Inc. (NASDAQ:AAOI) designs and manufactures optical networking products, including lasers, transceivers and related equipment for internet data centers, cable television networks, telecommunications and fiber-access markets.
While we acknowledge the risk and potential of AAOI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAOI and that has 10,000% upside potential, check out our report about the cheapest AI stock.
17 days ago
Nothing about the World Cup knockout stage has been easy for defending champions Argentina. Each round, Lionel Messi has been looking at the likely end to his World Cup career, and yet, Argentina has found a way to win — often with controversy.
Saturday's 3-1 quarterfinal win over Switzerland in extra time was no exception. But while the Swiss were furious with the VAR review and referee Joao Pinheiro's decision to send off Breel Embolo, it was the correct call.
The U.S. men's national team's opening match against Paraguay already sent precedent for that kind of VAR review.
New for this World Cup, VAR was given the ability to check for mistaken identity on yellow cards. That review was applied in June when Paraguay's Miguel Almirón drew a yellow card on Tim Ream despite not being touched by the USMNT defender. VAR looked at the incident and instead had the referee issue a yellow to Almirón for simulation.
The incident with Embolo — who was already on a yellow card — was awfully similar. Embolo went to ground before there was any contact with Argentina's Leandro Paredes. It was a clear simulation, and Embolo should've had the situational awareness to both know the VAR rules on a yellow card and simply not take a dive.
Saturday's 3-1 quarterfinal win over Switzerland in extra time was no exception. But while the Swiss were furious with the VAR review and referee Joao Pinheiro's decision to send off Breel Embolo, it was the correct call.
The U.S. men's national team's opening match against Paraguay already sent precedent for that kind of VAR review.
New for this World Cup, VAR was given the ability to check for mistaken identity on yellow cards. That review was applied in June when Paraguay's Miguel Almirón drew a yellow card on Tim Ream despite not being touched by the USMNT defender. VAR looked at the incident and instead had the referee issue a yellow to Almirón for simulation.
The incident with Embolo — who was already on a yellow card — was awfully similar. Embolo went to ground before there was any contact with Argentina's Leandro Paredes. It was a clear simulation, and Embolo should've had the situational awareness to both know the VAR rules on a yellow card and simply not take a dive.
17 days ago
UL Solutions Inc. (NYSE:ULS) is one of the best up and coming stocks to invest in right now. On June 24, UL Solutions announced the opening of a new automotive electromagnetic compatibility laboratory in Toyota City, ******* an. This facility, which began operations on July 1, is designed to support the development of increasingly complex vehicle technologies in a major global automotive hub.
The laboratory provides critical EMC testing to help manufacturers ensure that vehicle electronics, such as braking and steering systems, remain protected from electromagnetic interference. As the automotive industry shifts toward autonomous and software-defined vehicles, this center offers specialized capabilities for high-voltage, high-current, and high-performance testing.
Located in ******* an's Tokai region, the facility strengthens UL Solutions Inc.'s (NYSE:ULS) global footprint and provides automakers with faster access to advanced testing expertise. By helping manufacturers meet global compliance standards, the lab aims to reduce malfunction risks and accelerate the market entry of next-generation automotive technologies.
UL Solutions Inc. (NYSE:ULS) is a global leader in applied safety science. It provides testing, inspection, and certification services, along with software and advisory solutions, to help businesses in over 110 countries manage regulatory compliance and product innovation.
While we acknowledge the risk and potential of ULS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ULS and that has 10,000% upside potential, check out our report about the cheapest AI stock.
The laboratory provides critical EMC testing to help manufacturers ensure that vehicle electronics, such as braking and steering systems, remain protected from electromagnetic interference. As the automotive industry shifts toward autonomous and software-defined vehicles, this center offers specialized capabilities for high-voltage, high-current, and high-performance testing.
Located in ******* an's Tokai region, the facility strengthens UL Solutions Inc.'s (NYSE:ULS) global footprint and provides automakers with faster access to advanced testing expertise. By helping manufacturers meet global compliance standards, the lab aims to reduce malfunction risks and accelerate the market entry of next-generation automotive technologies.
UL Solutions Inc. (NYSE:ULS) is a global leader in applied safety science. It provides testing, inspection, and certification services, along with software and advisory solutions, to help businesses in over 110 countries manage regulatory compliance and product innovation.
While we acknowledge the risk and potential of ULS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ULS and that has 10,000% upside potential, check out our report about the cheapest AI stock.
17 days ago
Argentina are in the semi-finals of the 2026 FIFA World Cup.
Argentina faced Switzerland in the quarterfinal and won 3-1 by dint of two extraordinary goals in extra-time. The game was tough and a messy defensive affair filled with yellow cards. Most notably, Switzerland attacker Breel Embolo was dismissed in the 72nd minute following VAR implementation. The mistaken identity rule was applied and Embolo, who was already on a yellow, received a second yellow and hence was sent off. Argentina capitalized on Swiss exhaustion to win the game. Here are the observations from the game.
Merely looking at the scoreline, it might seem like Switzerland had the bus parked from the very first minute. That is far from the truth. Take a look at the half-time statistics.
(made on Microsoft Paint by Muller_Era)
Throughout the first half, they constantly pressed and pushed Argentina out of the buildup. They weren’t afraid to throw themselves into transitions, and they had a clear game plan. Stay disciplined, compact, but continue to attack using Breel Embolo. Every time they had access to the ball, they looked to attack and Embolo was their main outlet. He could hold onto the ball, work with the midfield and wingers, and when the timing was right, launch into the final third.
Argentina faced Switzerland in the quarterfinal and won 3-1 by dint of two extraordinary goals in extra-time. The game was tough and a messy defensive affair filled with yellow cards. Most notably, Switzerland attacker Breel Embolo was dismissed in the 72nd minute following VAR implementation. The mistaken identity rule was applied and Embolo, who was already on a yellow, received a second yellow and hence was sent off. Argentina capitalized on Swiss exhaustion to win the game. Here are the observations from the game.
Merely looking at the scoreline, it might seem like Switzerland had the bus parked from the very first minute. That is far from the truth. Take a look at the half-time statistics.
(made on Microsoft Paint by Muller_Era)
Throughout the first half, they constantly pressed and pushed Argentina out of the buildup. They weren’t afraid to throw themselves into transitions, and they had a clear game plan. Stay disciplined, compact, but continue to attack using Breel Embolo. Every time they had access to the ball, they looked to attack and Embolo was their main outlet. He could hold onto the ball, work with the midfield and wingers, and when the timing was right, launch into the final third.
18 days ago
ARLINGTON, TEXAS - JUNE 27: (EDITOR'S NOTE: Tonal effects have been applied to this image.) A detail of the boots of Lionel Messi #10 of Argentina as he prepares to take a free kick during the FIFA World Cup 2026 Group J match between Jordan and Argentina at Dallas Stadium on June 27, 2026 in Dallas, United States. (Photo by Ryan Pierse - FIFA/FIFA via Getty Images)
Every four years, one name goes on the Golden Boot. Adidas puts its logo on the trophy, and a boot company puts its logo on the player who wins it. Those two facts have always been true in isolation, but this summer, for the first time, the boot company and the trophy sponsor are in direct competition and the race between them is being played out in real time on a scoreboard watched by a billion people.
Lionel Messi joint-leads the 2026 World Cup scoring race with eight goals through five matches. He is an Adidas athlete with a lifetime contract and the award he is chasing has Adidas's name on it. Kylian Mbappé is level on eight, having played one game more, still nominally a Nike athlete but only because Nike secured a one-month contract extension to stop him switching boots mid-tournament, a deal due to expire twelve days after the final. Erling Haaland also has seven, in Nike boots, with no such complication. Harry Kane is one behind on six goals, but has a deal with Sketchers, becoming their leading soccer player when he signed in 2023.
That leaves four players in contention with different commercial arrangements competing for one trophy. Mbappé has already booked a semifinal place, while in the quarterfinals Kane's England faces Haaland's Norway in Miami on July 11, and Messi's Argentina faces Switzerland in Kansas City the same night.
Messi opened with a hat trick against Algeria, added a brace against Austria, missing a ninth-minute penalty along the way, breaking the all-time World Cup scoring record in the process, then came off the bench to score against Jordan before adding a seventh against Cape Verde in the round of 32. That one came in a 3-2 extra-time win where Cape Verde equalised twice. The eighth, against Egypt, was a first-time strike inside the box to pull it back to 2-2 before Argentina finished the job.
Every four years, one name goes on the Golden Boot. Adidas puts its logo on the trophy, and a boot company puts its logo on the player who wins it. Those two facts have always been true in isolation, but this summer, for the first time, the boot company and the trophy sponsor are in direct competition and the race between them is being played out in real time on a scoreboard watched by a billion people.
Lionel Messi joint-leads the 2026 World Cup scoring race with eight goals through five matches. He is an Adidas athlete with a lifetime contract and the award he is chasing has Adidas's name on it. Kylian Mbappé is level on eight, having played one game more, still nominally a Nike athlete but only because Nike secured a one-month contract extension to stop him switching boots mid-tournament, a deal due to expire twelve days after the final. Erling Haaland also has seven, in Nike boots, with no such complication. Harry Kane is one behind on six goals, but has a deal with Sketchers, becoming their leading soccer player when he signed in 2023.
That leaves four players in contention with different commercial arrangements competing for one trophy. Mbappé has already booked a semifinal place, while in the quarterfinals Kane's England faces Haaland's Norway in Miami on July 11, and Messi's Argentina faces Switzerland in Kansas City the same night.
Messi opened with a hat trick against Algeria, added a brace against Austria, missing a ninth-minute penalty along the way, breaking the all-time World Cup scoring record in the process, then came off the bench to score against Jordan before adding a seventh against Cape Verde in the round of 32. That one came in a 3-2 extra-time win where Cape Verde equalised twice. The eighth, against Egypt, was a first-time strike inside the box to pull it back to 2-2 before Argentina finished the job.
18 days ago
With PE dealmaking and exit values dropping significantly in Q2, the private credit market is eager for exit opportunities. One saving grace has been strategic, non-sponsored transactions, according to Morningstar DBRS.
Data compiled by DBRS on discontinued private credit ratings show that an increasing number of borrower sales are related to strategic buyers, a separate category from sponsor-to-sponsor exits, according to a July 8 report.
"While private equity exit activity remains generally suppressed across the middle market, we are encouraged to see growing involvement from non-private equity corporate buyers and the public markets in providing liquidity," said report author Michael Dimler, senior vice president of private corporate credit at DBRS.
For the twelve months through July 3, 2026, more than half of ratings discontinuations related to sponsor exits were attributable to strategic buyers or IPOs, according to DBRS.
Several companies in recent months have announced plans to use IPO proceeds to repay their private credit loans. Applied Aerospace & Defense Inc. announced on May 8 that it would partially repay its $1.02 billion in outstanding debt with proceeds from an IPO. Other companies paying down debt with IPO proceeds include the AI tech developer Syntiant and defense technology company Aevex Corporation.
Data compiled by DBRS on discontinued private credit ratings show that an increasing number of borrower sales are related to strategic buyers, a separate category from sponsor-to-sponsor exits, according to a July 8 report.
"While private equity exit activity remains generally suppressed across the middle market, we are encouraged to see growing involvement from non-private equity corporate buyers and the public markets in providing liquidity," said report author Michael Dimler, senior vice president of private corporate credit at DBRS.
For the twelve months through July 3, 2026, more than half of ratings discontinuations related to sponsor exits were attributable to strategic buyers or IPOs, according to DBRS.
Several companies in recent months have announced plans to use IPO proceeds to repay their private credit loans. Applied Aerospace & Defense Inc. announced on May 8 that it would partially repay its $1.02 billion in outstanding debt with proceeds from an IPO. Other companies paying down debt with IPO proceeds include the AI tech developer Syntiant and defense technology company Aevex Corporation.
18 days ago
Gary **** erson raised AMAT's 2026 semiconductor equipment growth forecast past 30%, while ONTO locked a $240 million HBM purchase agreement running through 2027.
Teradyne's Q1 revenue surged 87% to $1.28 billion with roughly 70% tied directly to AI demand, as net income jumped 303%.
This lithium producer surpassed a $1B private valuation, joining some of America's most powerful startups. Now you can invest in EnergyX alongside global giants like General Motors, but only through July 16. (sponsor)
Applied Materials (NASDAQ:AMAT) just told the Street its semiconductor equipment business will grow more than 30% in calendar 2026, an upward revision from a prior bar of 20%. That is the sound of an AI fab CapEx supercycle shifting from thesis to invoice, and the picks-and-shovel names selling into every foundry, HBM stack and gate-all-around node are the ones cashing the checks. Five stocks sit directly under that spending fire hose. Here is where the money is moving, in order.
Onto Innovation (NYSE:ONTO) is the name most retail investors still cannot spell, but it sits at the exact chokepoint AI needs: inspection and metrology for HBM stacks, 2.5D logic and gate-all-around devices. When TSMC and SK hynix bolt an accelerator together, Onto's Dragonfly and Atlas tools decide whether the die passes or scraps. That is process control leverage on the fastest-growing corner of the fab, well beyond commoditized deposition.
Teradyne's Q1 revenue surged 87% to $1.28 billion with roughly 70% tied directly to AI demand, as net income jumped 303%.
This lithium producer surpassed a $1B private valuation, joining some of America's most powerful startups. Now you can invest in EnergyX alongside global giants like General Motors, but only through July 16. (sponsor)
Applied Materials (NASDAQ:AMAT) just told the Street its semiconductor equipment business will grow more than 30% in calendar 2026, an upward revision from a prior bar of 20%. That is the sound of an AI fab CapEx supercycle shifting from thesis to invoice, and the picks-and-shovel names selling into every foundry, HBM stack and gate-all-around node are the ones cashing the checks. Five stocks sit directly under that spending fire hose. Here is where the money is moving, in order.
Onto Innovation (NYSE:ONTO) is the name most retail investors still cannot spell, but it sits at the exact chokepoint AI needs: inspection and metrology for HBM stacks, 2.5D logic and gate-all-around devices. When TSMC and SK hynix bolt an accelerator together, Onto's Dragonfly and Atlas tools decide whether the die passes or scraps. That is process control leverage on the fastest-growing corner of the fab, well beyond commoditized deposition.
18 days ago
Underperformance across most of the Magnificent Seven is giving ETFs built around smaller stocks a rare chance to beat the S&P 500 this year.
Five of the seven megacaps are trailing the index in 2026. The S&P 500 is up 10.9% year to date through July 9. Apple, with a 16.5% gain, and Alphabet, up 14.8%, are ahead of it, but Nvidia, Microsoft, Amazon, Meta Platforms, and Tesla are all behind, and three of them are in the red for the year.
For most of the past few years, these stocks powered the bulk of the S&P 500's returns. They finished 2025 at roughly 35% of the S&P 500, and they sit at about a third of it today.
Their dominance is why plain exposure to the S&P 500, or to a broader fund like the Vanguard Total Stock Market ETF (VTI), has been such a reliable bet. It also punished anyone who strayed from that setup, whether by layering on a mid- or small-cap fund like the iShares Core S&P Mid-Cap ETF (IJH) or the iShares Core S&P Small-Cap ETF (IJR), or by trimming the largest names with something like the Invesco S&P 500 Equal Weight ETF (RSP).
But this year, with the megacaps stalling, those same funds have found an opening. IJH is up 15.3% so far in 2026 and IJR is up 21.6%, both comfortably ahead of the index. RSP has outperformed too, though by a slimmer margin at 12.4%.
Taken together, the data shows smaller companies outrunning their larger counterparts as a group. That may come as a surprise given the magnitude of the AI boom—a boom the Magnificent Seven are spending heavily on and benefiting from.
The boom is real, but so are the questions around it. What kind of returns will the massive spending on AI generate? And how will AI reshape the long-term business models and competitive moats for the Mag-7?
The bigger winners at the stock level have been the semiconductors. There is a chip name inside the Magnificent Seven in Nvidia, but it has sharply lagged the rest of the industry this year. Broadcom, which entered 2026 in the top 10, has also trailed its semiconductor peers.
Micron Technology is the one that broke through, muscling into the top 10 on the back of a massive run tied to memory demand. Names like Intel, AMD, and Applied Materials have also soared.
But because these semis were a relatively small percentage of the S&P 500 entering the year, their surge has not lifted the index the way the Magnificent Seven's gains did in prior years.
Of course, none of this takes much away from the index itself. A double-digit first half is a strong showing in its own right, and it would take far more small-cap outperformance to undo years of large-cap dominance.
Whether that continues will likely come down to the same thing that opened the door in the first place, which is whether the Magnificent Seven keep lagging.
Permalink | © Copyright 2026 etf.com. All rights reserved
Five of the seven megacaps are trailing the index in 2026. The S&P 500 is up 10.9% year to date through July 9. Apple, with a 16.5% gain, and Alphabet, up 14.8%, are ahead of it, but Nvidia, Microsoft, Amazon, Meta Platforms, and Tesla are all behind, and three of them are in the red for the year.
For most of the past few years, these stocks powered the bulk of the S&P 500's returns. They finished 2025 at roughly 35% of the S&P 500, and they sit at about a third of it today.
Their dominance is why plain exposure to the S&P 500, or to a broader fund like the Vanguard Total Stock Market ETF (VTI), has been such a reliable bet. It also punished anyone who strayed from that setup, whether by layering on a mid- or small-cap fund like the iShares Core S&P Mid-Cap ETF (IJH) or the iShares Core S&P Small-Cap ETF (IJR), or by trimming the largest names with something like the Invesco S&P 500 Equal Weight ETF (RSP).
But this year, with the megacaps stalling, those same funds have found an opening. IJH is up 15.3% so far in 2026 and IJR is up 21.6%, both comfortably ahead of the index. RSP has outperformed too, though by a slimmer margin at 12.4%.
Taken together, the data shows smaller companies outrunning their larger counterparts as a group. That may come as a surprise given the magnitude of the AI boom—a boom the Magnificent Seven are spending heavily on and benefiting from.
The boom is real, but so are the questions around it. What kind of returns will the massive spending on AI generate? And how will AI reshape the long-term business models and competitive moats for the Mag-7?
The bigger winners at the stock level have been the semiconductors. There is a chip name inside the Magnificent Seven in Nvidia, but it has sharply lagged the rest of the industry this year. Broadcom, which entered 2026 in the top 10, has also trailed its semiconductor peers.
Micron Technology is the one that broke through, muscling into the top 10 on the back of a massive run tied to memory demand. Names like Intel, AMD, and Applied Materials have also soared.
But because these semis were a relatively small percentage of the S&P 500 entering the year, their surge has not lifted the index the way the Magnificent Seven's gains did in prior years.
Of course, none of this takes much away from the index itself. A double-digit first half is a strong showing in its own right, and it would take far more small-cap outperformance to undo years of large-cap dominance.
Whether that continues will likely come down to the same thing that opened the door in the first place, which is whether the Magnificent Seven keep lagging.
Permalink | © Copyright 2026 etf.com. All rights reserved
