1 month ago
JERUSALEM, Sept 14 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday that a new documentary film which alleges that mass civilian deaths were routinely built into targeting decisions in Gaza was part of a wave of global incitement against Jews.
"NAZA", directed by Israeli journalists Yuval Abraham and Rachel Szor, won the Special Jury Prize at the Venice Film Festival on Saturday and received a 25-minute standing ovation when it was screened on Thursday.
The film takes its **** le from an Israeli military term for expected "collateral casualties" and is built around anonymous interviews with intelligence officers and soldiers involved in the war.
"It's shocking. We are fighting global antisemitic incitement and when it comes from within us it is intolerable," Netanyahu said in a video posted on Telegram. "And now two Israeli directors portraying the IDF (Israel Defense Forces) as war criminals receive applause at the Venice festival."
Netanyahu's comments followed a statement from the Israeli military chief Eyal Zamir, who said the film constituted an attack on the state of Israel.
#global
"NAZA", directed by Israeli journalists Yuval Abraham and Rachel Szor, won the Special Jury Prize at the Venice Film Festival on Saturday and received a 25-minute standing ovation when it was screened on Thursday.
The film takes its **** le from an Israeli military term for expected "collateral casualties" and is built around anonymous interviews with intelligence officers and soldiers involved in the war.
"It's shocking. We are fighting global antisemitic incitement and when it comes from within us it is intolerable," Netanyahu said in a video posted on Telegram. "And now two Israeli directors portraying the IDF (Israel Defense Forces) as war criminals receive applause at the Venice festival."
Netanyahu's comments followed a statement from the Israeli military chief Eyal Zamir, who said the film constituted an attack on the state of Israel.
#global
1 month ago
KYIV, Ukraine (AP) — More than half a million Russian troops have been killed in Ukraine since the start of Moscow's full-scale invasion in February 2022, a senior British defense official said Friday.
The dead are part of 1.5 million Russian casualties in Ukraine, Air Chief Marshall Sir Richard Knighton, Chief of the U.K's Defense Staff, said.
The U.K. figures roughly coincide with those published by the Ukrainian military. There was no immediate comment from Russian officials.
Moscow's bigger army is struggling to make headway on the battlefield. Western officials and ***** ysts say the Russian rate of advance has slowed significantly this year.
Russia's armed forces have also lost an "enormous" amount of military materiel, Knighton told reporters. That includes more than 10,000 armored and protected vehicles, close to 3,000 air defense and artillery systems, and over 370 aircraft and helicopters, Knighton said.
#chief #kyiv
The dead are part of 1.5 million Russian casualties in Ukraine, Air Chief Marshall Sir Richard Knighton, Chief of the U.K's Defense Staff, said.
The U.K. figures roughly coincide with those published by the Ukrainian military. There was no immediate comment from Russian officials.
Moscow's bigger army is struggling to make headway on the battlefield. Western officials and ***** ysts say the Russian rate of advance has slowed significantly this year.
Russia's armed forces have also lost an "enormous" amount of military materiel, Knighton told reporters. That includes more than 10,000 armored and protected vehicles, close to 3,000 air defense and artillery systems, and over 370 aircraft and helicopters, Knighton said.
#chief #kyiv
1 month ago
DUBAI, Sept 3 (Reuters) - Iran's semi-official Tasnim news agency reported on Thursday the deaths of six more military personnel from U.S. strikes this week, bringing the military death toll to at least 13.
The U.S. strikes on Tuesday were the most extensive for weeks. In the latest report on military deaths, Tasnim said six members of the regular military, including three pilots, had been killed in southern Iran. It gave no additional detail on the location.
Tasnim had earlier reported that Tuesday's strikes had killed three members of the paramilitary Basij on Lavan Island in the Gulf, with their funeral taking place in southern Iran on Wednesday.
The strikes also killed four members of the Islamic Revolutionary Guard Corps' (IRGC) Aerospace Force in western Iran, according to a statement by the guards published on Wednesday.
Iranian military casualties in the conflict that began in late February have been reported periodically, without official confirmation of overall tolls.
#reported #killed
The U.S. strikes on Tuesday were the most extensive for weeks. In the latest report on military deaths, Tasnim said six members of the regular military, including three pilots, had been killed in southern Iran. It gave no additional detail on the location.
Tasnim had earlier reported that Tuesday's strikes had killed three members of the paramilitary Basij on Lavan Island in the Gulf, with their funeral taking place in southern Iran on Wednesday.
The strikes also killed four members of the Islamic Revolutionary Guard Corps' (IRGC) Aerospace Force in western Iran, according to a statement by the guards published on Wednesday.
Iranian military casualties in the conflict that began in late February have been reported periodically, without official confirmation of overall tolls.
#reported #killed
2 months ago
Celtic take on Aberdeen in a midweek Scottish Premiership showdown on Wednesday at Celtic Park, aiming to kick off their campaign with four straight league victories.
Celtic come into this game in flawless domestic shape, occupying the summit of the Scottish Premiership after winning each of their first three league matches. Their latest outing saw them edge past Falkirk with a gritty 2-1 win. Morale is sky-high after earlier commanding 4-0 and 5-1 domestic successes, even though they hit a rough patch in European action. Importantly, the Hoops boast a spotless home record at Celtic Park this term, having yet to drop points on their own turf.
Celtic receive a major lift before this midweek Scottish Premiership fixture as skipper Callum McGregor rejoins the group after shaking off a recent illness.
That said, the ***** le-holders are coping with an expanding injury roll, especially among attackers and defenders. Striker Kasper Høgh and left-back Kieran Tierney are both completely out for this match after picking up abductor problems that kept them off the training pitch.
Callum Osmand also faces multiple weeks away because of an ankle knock. Long-term casualties Alistair Johnston, Jota, and Reo Hatate stay sidelined as they work through their rehabilitation programs.
#park #term
Celtic come into this game in flawless domestic shape, occupying the summit of the Scottish Premiership after winning each of their first three league matches. Their latest outing saw them edge past Falkirk with a gritty 2-1 win. Morale is sky-high after earlier commanding 4-0 and 5-1 domestic successes, even though they hit a rough patch in European action. Importantly, the Hoops boast a spotless home record at Celtic Park this term, having yet to drop points on their own turf.
Celtic receive a major lift before this midweek Scottish Premiership fixture as skipper Callum McGregor rejoins the group after shaking off a recent illness.
That said, the ***** le-holders are coping with an expanding injury roll, especially among attackers and defenders. Striker Kasper Høgh and left-back Kieran Tierney are both completely out for this match after picking up abductor problems that kept them off the training pitch.
Callum Osmand also faces multiple weeks away because of an ankle knock. Long-term casualties Alistair Johnston, Jota, and Reo Hatate stay sidelined as they work through their rehabilitation programs.
#park #term
2 months ago
Atlético de Madrid on Tuesday pulled out of negotiations with Olympique Lyonnais to sign veteran left-back Nicolás Tagliafico before the summer transfer window shut.
Atlético's interest in Argentina international Tagliafico first came to us via David Medina and Isaac Suárez in Marca. Atlético were seeking a backup for Alejandro Grimaldo after long negotiations for Racing Santander teenager Jorge Salinas fell apart Tuesday; Salinas is staying at Racing after no club paid his €16 million release clause.
Tagliafico had been in negotiations to join Juventus before Atlético entered the race. According to Fabrizio Romano **** ociate Matteo Moretto, Tagliafico spoke directly to Diego Simeone and prioritized a move to Atleti, having accepted his role would be as a substitute. To make room for Tagliafico and his roughly €3 million gross salary, Mateu Alemany had to clear **** e in the squad by finding new destinations for multiple players, including Josema Giménez, Thomas Lemar, Carlos Martín and Obed Vargas.
While the sporting director moved out Giménez and Lemar on deadline day, Vargas and Carlos Martín stayed. That meant Atleti could not move forward with a Tagliafico transfer, especially as Lyon could not secure a replacement. French media first reported its collapse before Spanish media corroborated later in the day.
Tagliafico, who turned 34 on Monday, has spent the previous four seasons playing for Lyon, but the French side's aggregate loss to Fenerbahçe in the UEFA Champions League play-off round last week has put it in a bind. With Champions League income lost, Lyon need to sell players, and Tagliafico — entering the final year of his contract — was poised to be one of the casualties.
#negotiations
Atlético's interest in Argentina international Tagliafico first came to us via David Medina and Isaac Suárez in Marca. Atlético were seeking a backup for Alejandro Grimaldo after long negotiations for Racing Santander teenager Jorge Salinas fell apart Tuesday; Salinas is staying at Racing after no club paid his €16 million release clause.
Tagliafico had been in negotiations to join Juventus before Atlético entered the race. According to Fabrizio Romano **** ociate Matteo Moretto, Tagliafico spoke directly to Diego Simeone and prioritized a move to Atleti, having accepted his role would be as a substitute. To make room for Tagliafico and his roughly €3 million gross salary, Mateu Alemany had to clear **** e in the squad by finding new destinations for multiple players, including Josema Giménez, Thomas Lemar, Carlos Martín and Obed Vargas.
While the sporting director moved out Giménez and Lemar on deadline day, Vargas and Carlos Martín stayed. That meant Atleti could not move forward with a Tagliafico transfer, especially as Lyon could not secure a replacement. French media first reported its collapse before Spanish media corroborated later in the day.
Tagliafico, who turned 34 on Monday, has spent the previous four seasons playing for Lyon, but the French side's aggregate loss to Fenerbahçe in the UEFA Champions League play-off round last week has put it in a bind. With Champions League income lost, Lyon need to sell players, and Tagliafico — entering the final year of his contract — was poised to be one of the casualties.
#negotiations
2 months ago
By Marwa Rashad and Nora Buli
LONDON/OSLO, Aug 26 (Reuters) - Six months into the U.S.-Iran war, Qatar is among the conflict's biggest economic casualties, with its liquefied natural gas exports slashed by 96%, data shows.
Saudi Arabia, the UAE, Iraq and Kuwait have seen their oil exports hit, but by nowhere near as much.
Qatar has lost $24 billion in gas sales, which is about five months' worth of income for the country based on 2025 data, Reuters calculations show.
While neighbouring Gulf exporters have managed to sneak oil secretly out of the Strait of Hormuz, Qatar has exported just 18 LNG cargoes, down from 509 in the same period last year, according to data intelligence firm ICIS. Two Qatari tankers have been attacked.
#data
LONDON/OSLO, Aug 26 (Reuters) - Six months into the U.S.-Iran war, Qatar is among the conflict's biggest economic casualties, with its liquefied natural gas exports slashed by 96%, data shows.
Saudi Arabia, the UAE, Iraq and Kuwait have seen their oil exports hit, but by nowhere near as much.
Qatar has lost $24 billion in gas sales, which is about five months' worth of income for the country based on 2025 data, Reuters calculations show.
While neighbouring Gulf exporters have managed to sneak oil secretly out of the Strait of Hormuz, Qatar has exported just 18 LNG cargoes, down from 509 in the same period last year, according to data intelligence firm ICIS. Two Qatari tankers have been attacked.
#data
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#NYSE #strategy #orbis
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#NYSE #strategy #orbis
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#strategy #Equity
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#strategy #Equity
2 months ago
Sean Penn told his Casualties of War costar John Leguizamo that his then-wife Madonna had a crush on him.
Leguizamo has become friends with the pop star in the years since.
Penn and Madonna split in 1989, after four years of marriage.
Sean Penn made a confession to John Leguizamo.
While filming Casualties of War, Penn revealed that his then-wife Madonna had a "crush" on Leguizamo — whose start in entertainment was as an extra in her "Borderline" music video.
#casualties #crush #borderline
Leguizamo has become friends with the pop star in the years since.
Penn and Madonna split in 1989, after four years of marriage.
Sean Penn made a confession to John Leguizamo.
While filming Casualties of War, Penn revealed that his then-wife Madonna had a "crush" on Leguizamo — whose start in entertainment was as an extra in her "Borderline" music video.
#casualties #crush #borderline
2 months ago
By Sarita Chaganti Singh and Aftab Ahmed
NEW DELHI, Aug 26 (Reuters) - A deadly flash flood near Nepal's border with Tibet on Wednesday may have been triggered when the lower part of a glacier broke off and crashed on to the valley floor hundreds of metres below, experts said citing satellite imagery from Planet Labs.
It was not clear what caused the glacier to collapse, but Nepali officials have pointed to an earthquake in the region minutes earlier as a possibility.
Authorities on both sides fear the total number of casualties will be far higher than the nearly 100 bodies so far recovered. More than 300 travellers were missing, Nepal's government has said.
Before-and-after satellite imagery of the region from Planet Labs, reviewed by Reuters, showed lush green mountainside now buried under brown debris and sediment.
#reuters #region #sarita
NEW DELHI, Aug 26 (Reuters) - A deadly flash flood near Nepal's border with Tibet on Wednesday may have been triggered when the lower part of a glacier broke off and crashed on to the valley floor hundreds of metres below, experts said citing satellite imagery from Planet Labs.
It was not clear what caused the glacier to collapse, but Nepali officials have pointed to an earthquake in the region minutes earlier as a possibility.
Authorities on both sides fear the total number of casualties will be far higher than the nearly 100 bodies so far recovered. More than 300 travellers were missing, Nepal's government has said.
Before-and-after satellite imagery of the region from Planet Labs, reviewed by Reuters, showed lush green mountainside now buried under brown debris and sediment.
#reuters #region #sarita
2 months ago
Aug 26 (Reuters) - A massive flash flood killed at least nine people on Wednesday in the Himalayan border areas of Nepal and adjoining Tibet, washing away villages, damaging roads, bridges and power projects, with authorities fearing more casualties.
Here are some of the biggest disasters in the Himalayas over the last dozen years, which some ***** ysts have blamed on climate change and widespread development.
AUGUST 2025
Four die, with dozens missing, in sudden flooding and landslides in the Indian state of Uttarakhand.
SEPTEMBER 2024
#himalayan #tibet #here #Indian
Here are some of the biggest disasters in the Himalayas over the last dozen years, which some ***** ysts have blamed on climate change and widespread development.
AUGUST 2025
Four die, with dozens missing, in sudden flooding and landslides in the Indian state of Uttarakhand.
SEPTEMBER 2024
#himalayan #tibet #here #Indian
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#market #letter
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#market #letter
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#global
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#global
2 months ago
Lakers expected to not waive $48M defensive menace over Bronny James, Dalton Knecht, Jaden Hardy originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Los Angeles Lakers find themselves in an interesting position, as they are currently one roster spot over the league's limit. They do have some time to make a cut or complete a trade to create the necessary ***** e.
It is simply a matter of what circumstances become available to them over the next month. Several names have been mentioned as potential roster casualties, and it appears the list has been narrowed down to three.
"Clearly, the Lakers need to dump someone, and I think it's going to be one of three players," Lakers insider Jovan Buha said. "It's going to either be Dalton Knecht, Jaden Hardy, or Bronny James."
LA has tried to make a trade that would free up a roster spot, but nothing has come to fruition yet. Jarred Vanderbilt and Dalton Knecht have been on the trade block throughout the summer.
#dalton #roster #trade
The Los Angeles Lakers find themselves in an interesting position, as they are currently one roster spot over the league's limit. They do have some time to make a cut or complete a trade to create the necessary ***** e.
It is simply a matter of what circumstances become available to them over the next month. Several names have been mentioned as potential roster casualties, and it appears the list has been narrowed down to three.
"Clearly, the Lakers need to dump someone, and I think it's going to be one of three players," Lakers insider Jovan Buha said. "It's going to either be Dalton Knecht, Jaden Hardy, or Bronny James."
LA has tried to make a trade that would free up a roster spot, but nothing has come to fruition yet. Jarred Vanderbilt and Dalton Knecht have been on the trade block throughout the summer.
#dalton #roster #trade
2 months ago
ISTANBUL (AP) — Israel did not warn the United States before it struck an air base in northern Syria this week, despite fears of an escalation with the U.S. and NATO ally Turkey, the U.S. special envoy to Syria said.
Israel usually closely coordinates its military actions with the U.S., its key backer. Washington has tried to use this influence to moderate attacks as Israel carries out operations in Syria, Gaza and Lebanon.
Tom Barrack, who also serves as ambassador to Turkey, said the attack on Tuesday on the Abu Duhur base could have been Israel "baiting the Turks … that was the serious and worrying part."
However, Israeli Defense Minister Israel Katz contradicted the U.S. envoy's remarks about there being no warning, saying in a statement that Israel decided to alert senior members of the Syrian government. "Simultaneously, we transferred the intelligence reports to the relevant authorities in the U.S.," Katz added.
In the wake of the strikes, which caused damage but no casualties, the office of Israeli Prime Minister Benjamin Netanyahu said the base was attacked because Syria was "on the verge of breaching" an agreement by allowing Turkish troops to deploy there.
#syria
Israel usually closely coordinates its military actions with the U.S., its key backer. Washington has tried to use this influence to moderate attacks as Israel carries out operations in Syria, Gaza and Lebanon.
Tom Barrack, who also serves as ambassador to Turkey, said the attack on Tuesday on the Abu Duhur base could have been Israel "baiting the Turks … that was the serious and worrying part."
However, Israeli Defense Minister Israel Katz contradicted the U.S. envoy's remarks about there being no warning, saying in a statement that Israel decided to alert senior members of the Syrian government. "Simultaneously, we transferred the intelligence reports to the relevant authorities in the U.S.," Katz added.
In the wake of the strikes, which caused damage but no casualties, the office of Israeli Prime Minister Benjamin Netanyahu said the base was attacked because Syria was "on the verge of breaching" an agreement by allowing Turkish troops to deploy there.
#syria
2 months ago
A growing number of Democrats who grabbed national attention as they led the resistance to President Donald Trump during his first term in the White House are the latest casualties in this year's primary battle between the party's left-wing and the establishment.
The latest victim: Alexander Vindman, who gained national prominence nearly a decade ago as the then-Army lieutenant colonel and National Security Council official who served as a key witness against Trump during the president's first impeachment trial.
Vindman, who made resisting Trump a key part of his Senate bid, was upset Tuesday in Florida's Democratic Senate primary by state Rep. Angie Nixon. A Democratic Socialists of America (DSA) member, Nixon landed a double-digit victory over Vindman despite being outspent by a roughly 10-to-1 margin.
Democracy '26: Stay Up To Date With The Fox News Election Hub
Retired Lt. Col. Alexander Vindman, who was a key impeachment witness against President Donald Trump, speaks during a campaign event at the Broward County Democratic Clubs and Caucuses on February 9, 2026, in Sunrise, Florida.
#vindman #nixon
The latest victim: Alexander Vindman, who gained national prominence nearly a decade ago as the then-Army lieutenant colonel and National Security Council official who served as a key witness against Trump during the president's first impeachment trial.
Vindman, who made resisting Trump a key part of his Senate bid, was upset Tuesday in Florida's Democratic Senate primary by state Rep. Angie Nixon. A Democratic Socialists of America (DSA) member, Nixon landed a double-digit victory over Vindman despite being outspent by a roughly 10-to-1 margin.
Democracy '26: Stay Up To Date With The Fox News Election Hub
Retired Lt. Col. Alexander Vindman, who was a key impeachment witness against President Donald Trump, speaks during a campaign event at the Broward County Democratic Clubs and Caucuses on February 9, 2026, in Sunrise, Florida.
#vindman #nixon
2 months ago
DAMASCUS, Syria (AP) — Israel struck an air base in northwest Syria early Tuesday, saying it aimed to prevent Turkish troops from deploying there.
Turkey, which has close ties with the Syrian government and has been providing ****** istance to Syria's military, has tense relations with Israel. The rival countries have sought to curb each other's influence in neighboring Syria.
Eight strikes hit the runway of the Abu Duhur air base in the northwestern province of Idlib, causing damage but no casualties, state TV said. Syria's Foreign Minister Asaad al-Shibani told reporters in Damascus that Syria condemns the "Israeli aggression," adding that the strikes were "an unjustified provocation, a violation of Syria's sovereignty, and a direct threat to regional and global stability."
Israeli Prime Minister Benjamin Netanyahu's office said in a statement that Israel had attacked the base because Syria had been "on the verge of breaching" an agreed-upon "status quo in security matters" by allowing Turkish troops to deploy there.
"Israel repeatedly warned Syria that such a deployment would pose a threat to Israel's security. Syria chose to ignore these warnings," the statement said.
#damascus #troops #strikes
Turkey, which has close ties with the Syrian government and has been providing ****** istance to Syria's military, has tense relations with Israel. The rival countries have sought to curb each other's influence in neighboring Syria.
Eight strikes hit the runway of the Abu Duhur air base in the northwestern province of Idlib, causing damage but no casualties, state TV said. Syria's Foreign Minister Asaad al-Shibani told reporters in Damascus that Syria condemns the "Israeli aggression," adding that the strikes were "an unjustified provocation, a violation of Syria's sovereignty, and a direct threat to regional and global stability."
Israeli Prime Minister Benjamin Netanyahu's office said in a statement that Israel had attacked the base because Syria had been "on the verge of breaching" an agreed-upon "status quo in security matters" by allowing Turkish troops to deploy there.
"Israel repeatedly warned Syria that such a deployment would pose a threat to Israel's security. Syria chose to ignore these warnings," the statement said.
#damascus #troops #strikes
2 months ago
MEXICO CITY (AP) — Hundreds of people have been killed in the year since the U.S. military began bombing boats it accused of ferrying drugs off Latin America's Caribbean and Pacific coasts. Now, the Trump administration says it is seeking to extend that lethal campaign to land, pursuing deals that would put U.S. forces on the ground in allied nations across the region.
President Donald Trump's defense secretary, Pete Hegseth, announced last week during a visit to Panama that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil, following Ecuador, which launched similar missions with the U.S. in March. Guatemala, however, has denied reaching such an agreement.
It will be "like you saw with the strikes on the drug boats," Hegseth said during a military drill in the jungle in Panama. "Same effect on land. And so we're working with Ecuador. We're working with Colombia. We're working with partners to bring the fight to the (designated terrorist organizations) on land."
The expansion marks a new phase in the Trump administration's campaign to pressure governments across Latin America to align with its security priorities and ******* ert what it calls "American dominance over the Western Hemisphere."
Voters across the region are increasingly embracing Trump-aligned leaders, giving Washington more willing partners. But critics warn that the widening U.S. military campaign risks civilian casualties and a backlash against the U.S. that could outlast the Republican administration.
#Trump
President Donald Trump's defense secretary, Pete Hegseth, announced last week during a visit to Panama that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil, following Ecuador, which launched similar missions with the U.S. in March. Guatemala, however, has denied reaching such an agreement.
It will be "like you saw with the strikes on the drug boats," Hegseth said during a military drill in the jungle in Panama. "Same effect on land. And so we're working with Ecuador. We're working with Colombia. We're working with partners to bring the fight to the (designated terrorist organizations) on land."
The expansion marks a new phase in the Trump administration's campaign to pressure governments across Latin America to align with its security priorities and ******* ert what it calls "American dominance over the Western Hemisphere."
Voters across the region are increasingly embracing Trump-aligned leaders, giving Washington more willing partners. But critics warn that the widening U.S. military campaign risks civilian casualties and a backlash against the U.S. that could outlast the Republican administration.
#Trump
2 months ago
MEXICO CITY (AP) — Hundreds of people have been killed in the year since the U.S. military began bombing boats it accused of ferrying drugs off Latin America's Caribbean and Pacific coasts. Now, the Trump administration says it is seeking to extend that lethal campaign to land, pursuing deals that would put U.S. forces on the ground in allied nations across the region.
President Donald Trump's defense secretary, Pete Hegseth, announced last week during a visit to Panama that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil, following Ecuador, which launched similar missions with the U.S. in March. Guatemala, however, has denied reaching such an agreement.
It will be "like you saw with the strikes on the drug boats," Hegseth said during a military drill in the jungle in Panama. "Same effect on land. And so we're working with Ecuador. We're working with Colombia. We're working with partners to bring the fight to the (designated terrorist organizations) on land."
The expansion marks a new phase in the Trump administration's campaign to pressure governments across Latin America to align with its security priorities and ****** ert what it calls "American dominance over the Western Hemisphere."
Voters across the region are increasingly embracing Trump-aligned leaders, giving Washington more willing partners. But critics warn that the widening U.S. military campaign risks civilian casualties and a backlash against the U.S. that could outlast the Republican administration.
#Trump #latin
President Donald Trump's defense secretary, Pete Hegseth, announced last week during a visit to Panama that Colombia, Guatemala and Honduras had agreed to allow the U.S. to carry out joint military operations against criminal groups on their soil, following Ecuador, which launched similar missions with the U.S. in March. Guatemala, however, has denied reaching such an agreement.
It will be "like you saw with the strikes on the drug boats," Hegseth said during a military drill in the jungle in Panama. "Same effect on land. And so we're working with Ecuador. We're working with Colombia. We're working with partners to bring the fight to the (designated terrorist organizations) on land."
The expansion marks a new phase in the Trump administration's campaign to pressure governments across Latin America to align with its security priorities and ****** ert what it calls "American dominance over the Western Hemisphere."
Voters across the region are increasingly embracing Trump-aligned leaders, giving Washington more willing partners. But critics warn that the widening U.S. military campaign risks civilian casualties and a backlash against the U.S. that could outlast the Republican administration.
#Trump #latin
2 months ago
MADRID, Aug 15 (Reuters) - A magnitude 5 earthquake struck the southern Spanish city of Granada in the early hours of Saturday, with the regional government saying houses and cars were damaged but no injuries had been reported.
The quake hit the metropolitan area of Alhendin just after 1 a.m. (0000 GMT).
Spanish television channel TVE showed debris strewn on the street and some damage to cars in the popular tourist city. Andalusian emergency services rescued a number of people from damaged buildings.
Antonio Sanz, the Andalusia region's top emergencies official, said on Saturday there was no damage to the Alhambra palace, an important example of Andalusian Islamic architecture.
"There is no serious structural damage, no serious material damage and there are no casualties," he said, adding that the Alhambra had "not been affected in any way".
#andalusian #alhambra
The quake hit the metropolitan area of Alhendin just after 1 a.m. (0000 GMT).
Spanish television channel TVE showed debris strewn on the street and some damage to cars in the popular tourist city. Andalusian emergency services rescued a number of people from damaged buildings.
Antonio Sanz, the Andalusia region's top emergencies official, said on Saturday there was no damage to the Alhambra palace, an important example of Andalusian Islamic architecture.
"There is no serious structural damage, no serious material damage and there are no casualties," he said, adding that the Alhambra had "not been affected in any way".
#andalusian #alhambra
2 months ago
ANAHEIM, CALIFORNIA - APRIL 22: Eloy Jimenez #74 of the Toronto Blue Jays reacts as he returns to the bench for a pinch runner after his single during a 7-3 loss to the Los Angeles Angels at Angel Stadium of Anaheim on April 22, 2026 in Anaheim, California. (Photo by Harry How/Getty Images) Getty
PHOENIX, ARIZONA - APRIL 19: Eloy Jiménez #74 of the Toronto Blue Jays bats against the Arizona Diamondbacks during the MLB game at Chase Field on April 19, 2026 in Phoenix, Arizona. The Blue Jays defeated the Diamondbacks 10-4. (Photo by Christian Petersen/Getty Images) Getty
The Toronto Blue Jays made several trades across MLB before the Monday deadline. The big ones included sending Kevin Gausman to the Chicago Cubs and trading Daulton Varsho to the Houston Astros, and then the Jays' big acquisition was landing Jose Soriano from the Angels, and Toronto also acquired Spencer Arrighetti in the Varsho trade.
Due to the influx of new players into the organization, the Blue Jays have announced some roster casualties, which include four players in the minor leagues who have been released from the organization.
More MLB on Heavy: Toronto Blue Jays Released 7-Year MLB Player During Astros Series
#anaheim #eloy
PHOENIX, ARIZONA - APRIL 19: Eloy Jiménez #74 of the Toronto Blue Jays bats against the Arizona Diamondbacks during the MLB game at Chase Field on April 19, 2026 in Phoenix, Arizona. The Blue Jays defeated the Diamondbacks 10-4. (Photo by Christian Petersen/Getty Images) Getty
The Toronto Blue Jays made several trades across MLB before the Monday deadline. The big ones included sending Kevin Gausman to the Chicago Cubs and trading Daulton Varsho to the Houston Astros, and then the Jays' big acquisition was landing Jose Soriano from the Angels, and Toronto also acquired Spencer Arrighetti in the Varsho trade.
Due to the influx of new players into the organization, the Blue Jays have announced some roster casualties, which include four players in the minor leagues who have been released from the organization.
More MLB on Heavy: Toronto Blue Jays Released 7-Year MLB Player During Astros Series
#anaheim #eloy
2 months ago
ANAHEIM, CALIFORNIA - APRIL 22: Eloy Jimenez #74 of the Toronto Blue Jays reacts as he returns to the bench for a pinch runner after his single during a 7-3 loss to the Los Angeles Angels at Angel Stadium of Anaheim on April 22, 2026 in Anaheim, California. (Photo by Harry How/Getty Images) Getty
PHOENIX, ARIZONA - APRIL 19: Eloy Jiménez #74 of the Toronto Blue Jays bats against the Arizona Diamondbacks during the MLB game at Chase Field on April 19, 2026 in Phoenix, Arizona. The Blue Jays defeated the Diamondbacks 10-4. (Photo by Christian Petersen/Getty Images) Getty
The Toronto Blue Jays made several trades across MLB before the Monday deadline. The big ones included sending Kevin Gausman to the Chicago Cubs and trading Daulton Varsho to the Houston Astros, and then the Jays' big acquisition was landing Jose Soriano from the Angels, and Toronto also acquired Spencer Arrighetti in the Varsho trade.
Due to the influx of new players into the organization, the Blue Jays have announced some roster casualties, which include four players in the minor leagues who have been released from the organization.
More MLB on Heavy: Toronto Blue Jays Released 7-Year MLB Player During Astros Series
#jays #toronto #getty #arizona
PHOENIX, ARIZONA - APRIL 19: Eloy Jiménez #74 of the Toronto Blue Jays bats against the Arizona Diamondbacks during the MLB game at Chase Field on April 19, 2026 in Phoenix, Arizona. The Blue Jays defeated the Diamondbacks 10-4. (Photo by Christian Petersen/Getty Images) Getty
The Toronto Blue Jays made several trades across MLB before the Monday deadline. The big ones included sending Kevin Gausman to the Chicago Cubs and trading Daulton Varsho to the Houston Astros, and then the Jays' big acquisition was landing Jose Soriano from the Angels, and Toronto also acquired Spencer Arrighetti in the Varsho trade.
Due to the influx of new players into the organization, the Blue Jays have announced some roster casualties, which include four players in the minor leagues who have been released from the organization.
More MLB on Heavy: Toronto Blue Jays Released 7-Year MLB Player During Astros Series
#jays #toronto #getty #arizona
3 months ago
Technology stocks, once the market's biggest winners thanks to the artificial intelligence (AI) boom, have suddenly fallen out of favor on Wall Street. Even companies posting blockbuster earnings are finding it difficult to impress investors, as lofty expectations, growing fears of an AI bubble and concerns over whether the industry's massive spending spree will ultimately pay off have made the market far less forgiving. And Advanced Micro Devices (AMD) is one of the latest casualties of this shift in sentiment.
Although the chipmaker has yet to report its next earnings results, investors have become increasingly cautious about AI-related financing deals and whether hyperscalers' enormous AI investments can deliver sustainable returns. As a result, AMD shares have fallen 17.2% from their June all-time high of $584.73. But while many investors have turned cautious, Wedbush Securities believes the market may be missing the bigger picture. The investment firm sees AMD's newly announced partnership with Core Scientific (CORZ) as a key step that could expand the company's AI reach beyond the largest cloud providers and fuel its long-term growth.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#investors
Although the chipmaker has yet to report its next earnings results, investors have become increasingly cautious about AI-related financing deals and whether hyperscalers' enormous AI investments can deliver sustainable returns. As a result, AMD shares have fallen 17.2% from their June all-time high of $584.73. But while many investors have turned cautious, Wedbush Securities believes the market may be missing the bigger picture. The investment firm sees AMD's newly announced partnership with Core Scientific (CORZ) as a key step that could expand the company's AI reach beyond the largest cloud providers and fuel its long-term growth.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#investors
3 months ago
ESPN's latest round of layoffs produced a depressing list of legitimate casualties. It has also produced a shadow list, populated by people who were never actually laid off, a charitable partnership that was never actually severed, and a former employee reacting to fabricated news about her own supposed firing from a job she left nearly a decade ago.
Jay Bilas has spent three decades building his reputation as one of ESPN's steadiest college basketball voices, joining the network's coverage in 1995. None of that stopped a fake tweet from nearly convincing the internet his run there had ended Tuesday, even though he was never remotely connected to this week's cuts.
Once ESPN's cuts began rolling out Tuesday, an account impersonating CBS Sports insider Jon Rothstein declared that "ESPN parting ways with long-time college basketball personality Jay Bilas" was imminent. Despite the account's bio plainly identifying it as satire, the post accumulated nearly two million views.
Breaking: ESPN parting ways with long time college basketball personality Jay Bilas.
— Jon Rothstein (NotJ0NRoth) July 21, 2026
#nearly #tuesday #espn #produced
Jay Bilas has spent three decades building his reputation as one of ESPN's steadiest college basketball voices, joining the network's coverage in 1995. None of that stopped a fake tweet from nearly convincing the internet his run there had ended Tuesday, even though he was never remotely connected to this week's cuts.
Once ESPN's cuts began rolling out Tuesday, an account impersonating CBS Sports insider Jon Rothstein declared that "ESPN parting ways with long-time college basketball personality Jay Bilas" was imminent. Despite the account's bio plainly identifying it as satire, the post accumulated nearly two million views.
Breaking: ESPN parting ways with long time college basketball personality Jay Bilas.
— Jon Rothstein (NotJ0NRoth) July 21, 2026
#nearly #tuesday #espn #produced
3 months ago
PINGTUNG, Taiwan (AP) — Heads bowed, experts offered their respects on Monday ahead of an excavation aimed at recovering the remains of ****** anese soldiers from World War II in southern Taiwan.
The site is linked to the sinking of a military transport vessel and other ships in the Bashi Channel after they were attacked by U.S. forces in 1944. According to historian Kazuko Tachi, who is also an activist involved in the recovery efforts, more than 4,700 soldiers and crew members died while 65 survived.
Taiwan, a self-governing island claimed by China as its territory, was a ****** anese colony from 1895 until the end of the war.
"It is believed that many bodies from the sunken vessel reached this shore," said Tatsuaki Inoue, representing the ****** an ****** ociation for the Recovery and Repatriation of War Casualties.
The excavation in Hengchun Township is expected to continue for a week. If any remains believed to be ****** anese are found and DNA samples can be extracted, they will be sent to ****** an during a future mission.
The site is linked to the sinking of a military transport vessel and other ships in the Bashi Channel after they were attacked by U.S. forces in 1944. According to historian Kazuko Tachi, who is also an activist involved in the recovery efforts, more than 4,700 soldiers and crew members died while 65 survived.
Taiwan, a self-governing island claimed by China as its territory, was a ****** anese colony from 1895 until the end of the war.
"It is believed that many bodies from the sunken vessel reached this shore," said Tatsuaki Inoue, representing the ****** an ****** ociation for the Recovery and Repatriation of War Casualties.
The excavation in Hengchun Township is expected to continue for a week. If any remains believed to be ****** anese are found and DNA samples can be extracted, they will be sent to ****** an during a future mission.
3 months ago
DUBAI, United Arab Emirates (AP) — The United States and Iran exchanged strikes aimed at infrastructure and military targets on Saturday as their battle over the Strait of Hormuz intensified.
The region has endured days of back-and-forth attacks in a conflict increasingly focused on control of the strait. The collapse of an interim ceasefire leaves no clear end in sight for the war that the U.S. and Israel began more than four months ago.
The U.S. Central Command said late Friday it had launched its seventh straight night of attacks aimed at degrading Iran's military. Early Saturday it said the strikes had hit "surveillance sites, military logistics infrastructure, underground weapons storage, and maritime capabilities."
Kuwait said Saturday it was intercepting Iranian missiles and drones, and air sirens sounded in Bahrain according to the government there.
Iranian officials say recent U.S. strikes have killed dozens of people and wounded hundreds, with new casualties reported Friday, when the U.S. military also acknowledged more injured service members.
The region has endured days of back-and-forth attacks in a conflict increasingly focused on control of the strait. The collapse of an interim ceasefire leaves no clear end in sight for the war that the U.S. and Israel began more than four months ago.
The U.S. Central Command said late Friday it had launched its seventh straight night of attacks aimed at degrading Iran's military. Early Saturday it said the strikes had hit "surveillance sites, military logistics infrastructure, underground weapons storage, and maritime capabilities."
Kuwait said Saturday it was intercepting Iranian missiles and drones, and air sirens sounded in Bahrain according to the government there.
Iranian officials say recent U.S. strikes have killed dozens of people and wounded hundreds, with new casualties reported Friday, when the U.S. military also acknowledged more injured service members.
3 months ago
IONQ tumbled 8% while QBTS, RGTI, and QUBT declined 6% as Strait of Hormuz tensions and an oil spike triggered broad risk-off selling across quantum stocks.
With the NASDAQ 100 tracking QQQ ETF down 1.48%, the QTUM ETF's diversified model limited its drop to just 2.42%, which is far less than the 6% to 8% losses seen in some pure-play quantum names.
IonQ's 103x P/E ratio and beta of 3.23 amplify its losses on macro sell-off days, despite a 755% year-over-year revenue surge in Q1.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and IonQ didn't make the cut. Grab the names FREE today.
Quantum computing stocks are the sharpest casualties in Monday morning trading, with the group selling off in unison even though there is no company-specific news driving the move. IonQ (NYSE:IONQ) stock is leading the decline, down 8% to $39.52 and extending a rough stretch that has already carried the shares 31% lower over the past month.
With the NASDAQ 100 tracking QQQ ETF down 1.48%, the QTUM ETF's diversified model limited its drop to just 2.42%, which is far less than the 6% to 8% losses seen in some pure-play quantum names.
IonQ's 103x P/E ratio and beta of 3.23 amplify its losses on macro sell-off days, despite a 755% year-over-year revenue surge in Q1.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and IonQ didn't make the cut. Grab the names FREE today.
Quantum computing stocks are the sharpest casualties in Monday morning trading, with the group selling off in unison even though there is no company-specific news driving the move. IonQ (NYSE:IONQ) stock is leading the decline, down 8% to $39.52 and extending a rough stretch that has already carried the shares 31% lower over the past month.
3 months ago
Vladimir Putin's troubles are adding up. His public denials notwithstanding, the war in Ukraine and economy at home are heading in the wrong direction.
His implied social contract with his subjects — you support me in this war and I will shield you from its consequences — is beginning to fray. An ****** ault on a NATO member state, followed by a nuclear ultimatum to end the war on Moscow's terms, debasing the alliance in the process, is looking like an increasingly attractive option.
Four factors are forcing Putin's hand.
After an estimated 1.2. million Russian dead and wounded, at around 35,000 average monthly casualties, the "special military operation" has turned into an endless war of attrition he cannot win and cannot afford to lose. Russia's key advantage over Ukraine — cannon fodder — has become all but irrelevant. Throwing 300,000 more men into the trenches by ordering another "partial mobilization," as even the militaristic Russian "Z" bloggers warn, will only result in the draftees' dying without altering "the nature of the war." A "technological breakthrough" is needed, the bloggers declare, to counter Ukrainian drones.
But despite Putin's promises, none appears on the horizon.
His implied social contract with his subjects — you support me in this war and I will shield you from its consequences — is beginning to fray. An ****** ault on a NATO member state, followed by a nuclear ultimatum to end the war on Moscow's terms, debasing the alliance in the process, is looking like an increasingly attractive option.
Four factors are forcing Putin's hand.
After an estimated 1.2. million Russian dead and wounded, at around 35,000 average monthly casualties, the "special military operation" has turned into an endless war of attrition he cannot win and cannot afford to lose. Russia's key advantage over Ukraine — cannon fodder — has become all but irrelevant. Throwing 300,000 more men into the trenches by ordering another "partial mobilization," as even the militaristic Russian "Z" bloggers warn, will only result in the draftees' dying without altering "the nature of the war." A "technological breakthrough" is needed, the bloggers declare, to counter Ukrainian drones.
But despite Putin's promises, none appears on the horizon.
3 months ago
CAIRO (AP) — The Iran-backed Houthi rebels in Yemen said they launched missiles and drones at Saudi Arabia's Abha International Airport on Monday in response to airstrikes they blamed on Saudi Arabia that struck Sanaa International Airport earlier in the day.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
No casualties were reported, but the attacks marked an escalation not seen since a Saudi-led coalition struck Houthi-controlled areas several years ago. Saudi Arabian officials did not immediately respond to a request for comment about the airstrikes in Yemen.
Houthi military spokesman Brig. Gen. Yahya Saree, in a video statement on Telegram, warned airlines against flying through Saudi airspace, saying these warnings should be taken "seriously until the blockade on Sanaa International Airport is lifted."
The internationally recognized government in Yemen said earlier that the strikes that hit Sanaa International Airport were meant to prevent an Iranian plane from landing.
The Houthis vowed to retaliate for the strike, which marked the first major escalation between the Houthis and Saudi Arabia following a period of relative calm.
3 months ago
By Enas Alashray and Mrinmay Dey
July 6 (Reuters) - Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the Strait of Hormuz on Monday night, Axios reported, citing two U.S. officials.
Two commercial ships suffered significant damage but had no casualties, the report said, citing a U.S. official.
Separately, Britain's maritime security agency said a tanker caught fire after being hit by an unknown projectile east of Oman's Limah early on Tuesday.
The United Kingdom Maritime Trade Operations agency (UKMTO) said early on Tuesday that the tanker was struck on its port side while travelling southbound about 8 nautical miles (15 km) east of Limah, causing a fire. No casualties or environmental impact had been reported.
July 6 (Reuters) - Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the Strait of Hormuz on Monday night, Axios reported, citing two U.S. officials.
Two commercial ships suffered significant damage but had no casualties, the report said, citing a U.S. official.
Separately, Britain's maritime security agency said a tanker caught fire after being hit by an unknown projectile east of Oman's Limah early on Tuesday.
The United Kingdom Maritime Trade Operations agency (UKMTO) said early on Tuesday that the tanker was struck on its port side while travelling southbound about 8 nautical miles (15 km) east of Limah, causing a fire. No casualties or environmental impact had been reported.
