1 hr. ago
Eagle Capital Management, an investment management company, released its second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, Eagle Capital Management discussed how enthusiasm around AI capital spending has driven strong S&P 500 earnings growth while also increasing risks from elevated valuations, concentrated demand, and aggressive investment **** umptions. Eagle remains a strong believer in AI but prefers constructing a portfolio that can perform across multiple outcomes rather than relying on one forecast. The firm believes current earnings can overstate underlying economics because semiconductor equipment is depreciated over several years, while free cash flow growth remains much weaker. It also expects competition and additional capacity across AI labs, hyperscalers, and semiconductors to eventually create winners and losers. These dynamics are encouraging Eagle to recycle capital toward attractive opportunities outside the most crowded AI trades while maintaining selective exposure to high quality beneficiaries. The portfolio trades at a 20% market discount with faster expected EPS growth. Please review the Strategy's top five holdings for key selections.
In its second-quarter 2026 investor letter, Eagle Capital Management highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) operates as a broadband connectivity company in the United States. On August 19 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $152.47 per share. One-month return of Charter Communications, Inc. (NASDAQ:CHTR) was 20.53% and its shares lost -43.10% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $19.85 billion with a 52-week trading range between $111.55 - $285.82.
Eagle Capital Management stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications will become the largest cable operator in the U.S. when its acquisition of **** closes. Cable has been a disappointing area, with heavy competitive pressure and minimal growth. We see Charter equity as a cheaply priced option. 80% of the capital structure is low-cost long-term debt. With a free cash flow yield that will exceed 30% in a couple of years, the company is enormously liquid and can both de-lever and return cash to shareholders. In time, we expect the company to be consolidated by Comcast, a telco, or even a non-traditional buyer. The equity could be up by a multiple in certain scenarios. We expect EPS growth of approximately 20% for this group of companies over the coming years."
#charter
In its second-quarter 2026 investor letter, Eagle Capital Management highlighted Charter Communications, Inc. (NASDAQ:CHTR). Charter Communications, Inc. (NASDAQ:CHTR) operates as a broadband connectivity company in the United States. On August 19 2026, Charter Communications, Inc. (NASDAQ:CHTR) closed at $152.47 per share. One-month return of Charter Communications, Inc. (NASDAQ:CHTR) was 20.53% and its shares lost -43.10% over the past 52 weeks. Charter Communications, Inc. (NASDAQ:CHTR) has a market capitalization of $19.85 billion with a 52-week trading range between $111.55 - $285.82.
Eagle Capital Management stated the following regarding Charter Communications, Inc. (NASDAQ:CHTR) in its Q2 2026 investor letter:
"Charter Communications will become the largest cable operator in the U.S. when its acquisition of **** closes. Cable has been a disappointing area, with heavy competitive pressure and minimal growth. We see Charter equity as a cheaply priced option. 80% of the capital structure is low-cost long-term debt. With a free cash flow yield that will exceed 30% in a couple of years, the company is enormously liquid and can both de-lever and return cash to shareholders. In time, we expect the company to be consolidated by Comcast, a telco, or even a non-traditional buyer. The equity could be up by a multiple in certain scenarios. We expect EPS growth of approximately 20% for this group of companies over the coming years."
#charter
5 hours ago
There is a lot to take away from participating in team sports beyond a trophy or medal at the end of a competition.
So, at Delaware Online High School Sports Media Days Aug. 11-12 at Woodbridge High and Abessinio Stadium, we asked the top field hockey and girls volleyball players in the state to share the biggest lessons they have learned so far from their high school athletic careers.
"Figuring out how to communicate and get your point across as a leader to all different types of people," said Newark Charter's Victoria Weller. "How they learn best. How they take criticism best. Figuring out how to accomplish a team goal."
"The best lesson I've learned from playing team sports is how to work with everyone and understand how to meet people where they are," said Sussex Central's Julianne Bounds. "Bring people up when they need to be brought up and then also be that encouragement for people."
More responses to that prompt and other questions posed at media days can be found in the videos in this story.
#high #take
So, at Delaware Online High School Sports Media Days Aug. 11-12 at Woodbridge High and Abessinio Stadium, we asked the top field hockey and girls volleyball players in the state to share the biggest lessons they have learned so far from their high school athletic careers.
"Figuring out how to communicate and get your point across as a leader to all different types of people," said Newark Charter's Victoria Weller. "How they learn best. How they take criticism best. Figuring out how to accomplish a team goal."
"The best lesson I've learned from playing team sports is how to work with everyone and understand how to meet people where they are," said Sussex Central's Julianne Bounds. "Bring people up when they need to be brought up and then also be that encouragement for people."
More responses to that prompt and other questions posed at media days can be found in the videos in this story.
#high #take
2 days ago
Charter operator Global Crossing Airlines has dismissed a breach-of-contract lawsuit against Ascent Global Logistics, its one-time largest shareholder, and terminated their exclusive brokerage agreement, ending a saga that contributed to the carrier's persistent difficulty generating business for its cargo fleet.
Miami-based Global Crossing, or GlobalX, sued Ascent Global Logistics on June 4 for $30 million in damages, alleging the former investment partner failed to honor an agreement to steer air cargo business its way and instead ******* igned charter work to USA Jet Airlines, its expedited on-demand freighter subsidiary with a large roster of automotive clients.
Signs quickly emerged that GlobalX (OTCQB: JETMF) got cold feet over fighting a larger partner, but an agreement to drop the lawsuit and settle differences wasn't made official until last week. The companies said they have ended their 2023 exclusive brokerage agreement. GlobalX has also agreed to payment terms for amounts owed to Ascent, according to a joint news release.
Payment terms were not disclosed, but it was publicly known that Ascent demanded the remaining $1.94 million balance of a $2.5 million prepayment to GlobalX to provide cargo flights to its customers. GlobalX claimed that Ascent, headquartered in Belleville, Michigan, only referred a handful of flights over a three-year period.
Most of GlobalX's business comes from contract flying for professional and college sports teams, the Department of Homeland Security, and other groups. But the startup company also controls four Airbus A321 narrowbody converted freighters that have never been able to deliver consistent cargo business, partly due to Ascent's efforts to stymie GlobalX in the North American regional market.
#agreement #Logistics
Miami-based Global Crossing, or GlobalX, sued Ascent Global Logistics on June 4 for $30 million in damages, alleging the former investment partner failed to honor an agreement to steer air cargo business its way and instead ******* igned charter work to USA Jet Airlines, its expedited on-demand freighter subsidiary with a large roster of automotive clients.
Signs quickly emerged that GlobalX (OTCQB: JETMF) got cold feet over fighting a larger partner, but an agreement to drop the lawsuit and settle differences wasn't made official until last week. The companies said they have ended their 2023 exclusive brokerage agreement. GlobalX has also agreed to payment terms for amounts owed to Ascent, according to a joint news release.
Payment terms were not disclosed, but it was publicly known that Ascent demanded the remaining $1.94 million balance of a $2.5 million prepayment to GlobalX to provide cargo flights to its customers. GlobalX claimed that Ascent, headquartered in Belleville, Michigan, only referred a handful of flights over a three-year period.
Most of GlobalX's business comes from contract flying for professional and college sports teams, the Department of Homeland Security, and other groups. But the startup company also controls four Airbus A321 narrowbody converted freighters that have never been able to deliver consistent cargo business, partly due to Ascent's efforts to stymie GlobalX in the North American regional market.
#agreement #Logistics
2 days ago
Delaware resident Mark McKenzie is reportedly returning to the Philadelphia Union, where he launched a pro soccer career that led him to the 2026 World Cup.
The 27-year-old center back will remain with Toulouse in France's Ligue 1 until the January transfer window before rejoining the Union at an estimated $2.5 million fee, The Athletic reported.
That will position McKenzie to appear for the Union when Major League Soccer's inaugural summer-to-spring 2026-27 schedule begins.
McKenzie had made 30 appearances for the U.S. senior men's national team, including starting and playing its entire 2026 World Cup game against Turkiye.
The Bear resident is a Union homegrown player, coming up through its academy system starting at age 13. He attended Newark Charter School until 11th grade before transferring to the Union's YSC Academy in Wayne, Pennsylvania.
#union #mckenzie #until #Delaware
The 27-year-old center back will remain with Toulouse in France's Ligue 1 until the January transfer window before rejoining the Union at an estimated $2.5 million fee, The Athletic reported.
That will position McKenzie to appear for the Union when Major League Soccer's inaugural summer-to-spring 2026-27 schedule begins.
McKenzie had made 30 appearances for the U.S. senior men's national team, including starting and playing its entire 2026 World Cup game against Turkiye.
The Bear resident is a Union homegrown player, coming up through its academy system starting at age 13. He attended Newark Charter School until 11th grade before transferring to the Union's YSC Academy in Wayne, Pennsylvania.
#union #mckenzie #until #Delaware
2 days ago
The Institute of Chartered Accountants of Scotland (ICAS) has confirmed its in-principle support for modernising the UK tax system, while urging the government to ensure reforms do not create excessive compliance burdens for businesses or their advisers.
The professional body made the observation as ICAS OMB & Practice (Employment & VAT) head of tax Gordon Grant shared the institute's response to two separate consultations.
The two government initiatives are an HMRC consultation on reporting company payments to participators and a joint call for evidence on business systems integration run by HMRC and the Department for Business and Trade.
The systems integration review explored whether connecting commercial software platforms such as accounting packages, banking portals, e-commerce tools and point-of-sale systems could help businesses maintain records more accurately and efficiently.
ICAS noted that linked software ought to reduce administrative workloads and raise data quality.
#government
The professional body made the observation as ICAS OMB & Practice (Employment & VAT) head of tax Gordon Grant shared the institute's response to two separate consultations.
The two government initiatives are an HMRC consultation on reporting company payments to participators and a joint call for evidence on business systems integration run by HMRC and the Department for Business and Trade.
The systems integration review explored whether connecting commercial software platforms such as accounting packages, banking portals, e-commerce tools and point-of-sale systems could help businesses maintain records more accurately and efficiently.
ICAS noted that linked software ought to reduce administrative workloads and raise data quality.
#government
2 days ago
On August 6, Petrobras (NYSE:PBR) held its second-quarter 2026 earnings webcast, reporting strong quarterly net profit and gross profit driven by record production volumes rather than peak Brent prices. Executives said the quarter delivered the highest recurring net profit and the highest gross profit in company history, even though oil prices in the period ranked outside the ten highest quarters Petrobras has ever posted. That distinction matters, because it points to something more durable than a commodity tailwind: production that keeps beating its own targets.
Petrobras pumped 2.7 million barrels of oil per day in the quarter, a 15% jump from a year earlier and 200,000 barrels per day above its own 2.5 million target. Several platforms are doing more than they were built for. The Almirante Tamandare FPSO at Buzios has a nameplate capacity of 225,000 barrels per day but hit a peak of 270,000, making it the highest-producing platform in Brazil. Six other platforms are running above their original capacity too, adding more than 100,000 barrels per day combined, output the company says required no new construction spending.
Refining kept pace. Utilization topped 100% for the quarter and hit 102% in April and May, while the company held its mix of diesel, jet fuel, and gasoline steady rather than shifting toward cheaper output. That let Petrobras cut oil product imports by 40% from the prior quarter and lift exports by 12%. Adjusted EBITDA, excluding one-off items, reached $20 billion, up 70% from the first quarter and nearly double a year earlier, while operating cash flow climbed almost 50% quarter-over-quarter to $12.3 billion.
Growth this fast isn't free. Petrobras spent $5.3 billion on capital projects in the quarter, up 4% from the first quarter's $5.1 billion, with 82% of that aimed at exploration and production. First-half operating expenses reached $11.7 billion, already more than half the full-year plan of $20.2 billion, pressured by freight and logistics costs tied to the added output plus exchange-rate swings. Management said expenses could exceed that plan if logistics costs and the exchange rate hold at current levels.
Debt tells a mixed story. Petrobras prepaid $2.9 billion in loans and bonds during the quarter and is targeting $65 billion in net debt over its plan horizon, versus the $60.4 billion net debt and $70.8 billion gross debt it reported. But renegotiating recharter and well-service contracts to save over $1 billion through 2030 required reorganizing lease liabilities right away, pushing them higher near-term even as future payments shrink. And despite record output, Petrobras still needs imports to fully cover diesel demand.
#debt #highest #barrels #first
Petrobras pumped 2.7 million barrels of oil per day in the quarter, a 15% jump from a year earlier and 200,000 barrels per day above its own 2.5 million target. Several platforms are doing more than they were built for. The Almirante Tamandare FPSO at Buzios has a nameplate capacity of 225,000 barrels per day but hit a peak of 270,000, making it the highest-producing platform in Brazil. Six other platforms are running above their original capacity too, adding more than 100,000 barrels per day combined, output the company says required no new construction spending.
Refining kept pace. Utilization topped 100% for the quarter and hit 102% in April and May, while the company held its mix of diesel, jet fuel, and gasoline steady rather than shifting toward cheaper output. That let Petrobras cut oil product imports by 40% from the prior quarter and lift exports by 12%. Adjusted EBITDA, excluding one-off items, reached $20 billion, up 70% from the first quarter and nearly double a year earlier, while operating cash flow climbed almost 50% quarter-over-quarter to $12.3 billion.
Growth this fast isn't free. Petrobras spent $5.3 billion on capital projects in the quarter, up 4% from the first quarter's $5.1 billion, with 82% of that aimed at exploration and production. First-half operating expenses reached $11.7 billion, already more than half the full-year plan of $20.2 billion, pressured by freight and logistics costs tied to the added output plus exchange-rate swings. Management said expenses could exceed that plan if logistics costs and the exchange rate hold at current levels.
Debt tells a mixed story. Petrobras prepaid $2.9 billion in loans and bonds during the quarter and is targeting $65 billion in net debt over its plan horizon, versus the $60.4 billion net debt and $70.8 billion gross debt it reported. But renegotiating recharter and well-service contracts to save over $1 billion through 2030 required reorganizing lease liabilities right away, pushing them higher near-term even as future payments shrink. And despite record output, Petrobras still needs imports to fully cover diesel demand.
#debt #highest #barrels #first
4 days ago
World Liberty Financial (CRYPTO: $WLFI) has moved closer to bringing its USD1 (CRYPTO: $USD1) stablecoin under a federally supervised banking structure after the Office of the Comptroller of the Currency conditionally approved a national trust bank charter for World Liberty Trust Company.
The approval would allow the Trump family-backed crypto company to issue USD1 directly and custody the U.S. dollar ****** ets backing the stablecoin. Those functions are currently handled through BitGo (NASDAQ: $BTGO).
Unlike a traditional commercial bank charter, the national trust structure generally does not permit deposit-taking or lending. It would instead give World Liberty a single federal framework for custody, ****** et servicing and settlement, areas the company has said are central to its plans for institutional clients such as exchanges and investment firms.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#usd1
The approval would allow the Trump family-backed crypto company to issue USD1 directly and custody the U.S. dollar ****** ets backing the stablecoin. Those functions are currently handled through BitGo (NASDAQ: $BTGO).
Unlike a traditional commercial bank charter, the national trust structure generally does not permit deposit-taking or lending. It would instead give World Liberty a single federal framework for custody, ****** et servicing and settlement, areas the company has said are central to its plans for institutional clients such as exchanges and investment firms.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#usd1
5 days ago
The US government sold 30-year bonds at the highest interest rate in a quarter century, a testament to investors' demand for greater compensation to finance the nation's growing deficit. Standard Chartered CIO for North Asia, Raymond Cheng, discusses how long such yields will remain sustainable.
#raymond #sold
#raymond #sold
6 days ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Secured a firm order for a fourth FLNG unit (Mark II design) with CIMC Raffles, increasing controlled liquefaction capacity by 41% to over 12 million tonnes.
Performance attribution for the quarter was driven by Hilli's 100% economic uptime over its 8-year Cameroon contract and Gimi overproducing 15% against contractual volumes.
Strategic positioning focuses on being the only 'FLNG as a service' provider, capturing demand for supply diversification following geopolitical disruptions in major export hubs like Qatar.
Management attributes the decision to proceed with a Mark II design to strong charter engagement and superior economics regarding CapEx per tonne and OpEx per MMBtu.
#mark #NVIDIA #tell #cimc
Secured a firm order for a fourth FLNG unit (Mark II design) with CIMC Raffles, increasing controlled liquefaction capacity by 41% to over 12 million tonnes.
Performance attribution for the quarter was driven by Hilli's 100% economic uptime over its 8-year Cameroon contract and Gimi overproducing 15% against contractual volumes.
Strategic positioning focuses on being the only 'FLNG as a service' provider, capturing demand for supply diversification following geopolitical disruptions in major export hubs like Qatar.
Management attributes the decision to proceed with a Mark II design to strong charter engagement and superior economics regarding CapEx per tonne and OpEx per MMBtu.
#mark #NVIDIA #tell #cimc
6 days ago
Zerohash has fallen short in its quest to secure a U.S. Trust Bank Charter.
Privately held Zerohash is a Chicago-based financial technology company founded in 2017 that provides infrastructure for trading in digital **** ets such as Bitcoin (CRYPTO: $BTC).
Zerohash allows banks, brokers, and fintech platforms to integrate crypto trading, stablecoin payments, staking, and **** et tokenization without having to build their own blockchain systems.
More From Cryptoprowl:
Grayscale Drops Plans For Cardano, Polkadot and Hedera ETFs
#trading #Bitcoin
Privately held Zerohash is a Chicago-based financial technology company founded in 2017 that provides infrastructure for trading in digital **** ets such as Bitcoin (CRYPTO: $BTC).
Zerohash allows banks, brokers, and fintech platforms to integrate crypto trading, stablecoin payments, staking, and **** et tokenization without having to build their own blockchain systems.
More From Cryptoprowl:
Grayscale Drops Plans For Cardano, Polkadot and Hedera ETFs
#trading #Bitcoin
9 days ago
FALL RIVER — The high school football season is a month away for Greater Fall River teams.
Student sections are a big part of Friday Night Lights. They are vocal, have different themes each week and nicknames, which adds to the excitement of opening night. Here is your chance to vote on which area high school has the best football student section.
Supporters of the schools and athletes from Atlantis Charter/Westport, Joseph Case, Diman, Durfee and Somerset Berkley show your pride and visit heraldnews.com to vote for the best fan section of their choosing.
Voting will conclude Aug. 23, with the winner announced on heraldnews.com or X (formerly known as Twitter). Don't wait, vote now and often for your favorite choice.
Watch MA high school football on NFHS
#night
Student sections are a big part of Friday Night Lights. They are vocal, have different themes each week and nicknames, which adds to the excitement of opening night. Here is your chance to vote on which area high school has the best football student section.
Supporters of the schools and athletes from Atlantis Charter/Westport, Joseph Case, Diman, Durfee and Somerset Berkley show your pride and visit heraldnews.com to vote for the best fan section of their choosing.
Voting will conclude Aug. 23, with the winner announced on heraldnews.com or X (formerly known as Twitter). Don't wait, vote now and often for your favorite choice.
Watch MA high school football on NFHS
#night
10 days ago
The NASCAR Cup Series is ready to take on the 2026 Cook Out 400 at Richmond Raceway, and the entry list has been revealed.
NASCAR released the 2026 Cook Out 400 and Truck Series entry list for Richmond on Monday afternoon. This is Richmond's only date on the NASCAR schedule, and the second straight short-track following Iowa Speedway. The NASCAR O'Reilly Series is taking a two-week break.
There are 36 guaranteed charters for the 2026 Cook Out 400 on Saturday night. Thirty-five drivers are full-time, while Austin Hill replaces Kyle Busch in the No. 33 car for Richard Childress Racing after his tragic passing. Josh Bilicki (Garage 66) is the open entry, making it a 27-driver field.
Below, you can check out the NASCAR entry list for the Cup Series race at Richmond in August 2026!
No. 1 Ross Chastain
#entry #Monday
NASCAR released the 2026 Cook Out 400 and Truck Series entry list for Richmond on Monday afternoon. This is Richmond's only date on the NASCAR schedule, and the second straight short-track following Iowa Speedway. The NASCAR O'Reilly Series is taking a two-week break.
There are 36 guaranteed charters for the 2026 Cook Out 400 on Saturday night. Thirty-five drivers are full-time, while Austin Hill replaces Kyle Busch in the No. 33 car for Richard Childress Racing after his tragic passing. Josh Bilicki (Garage 66) is the open entry, making it a 27-driver field.
Below, you can check out the NASCAR entry list for the Cup Series race at Richmond in August 2026!
No. 1 Ross Chastain
#entry #Monday
10 days ago
Standard Chartered has initiated coverage of Chainlink with a price target of $200 by the end of 2030, implying a roughly 25-fold gain from around $8 today and outperformance of both Bitcoin and Ethereum over the period.
Geoff Kendrick, the bank's global head of digital ***** ets research, laid out staged targets in a note published Monday: $13 by the end of this year, then $41, $82 and $133 before reaching $200. The same note pencils in Bitcoin at $500,000 and Ethereum at $40,000 by end-2030.
Kendrick expects the value of tokenized ***** ets on-chain to climb roughly 12-fold to $4 trillion by end-2028 from about $340 billion now, and ***** ets deployed in DeFi to grow 37-fold to $2.7 trillion by 2030. Because Chainlink charges for delivering data and moving ***** ets between chains, the bank estimates its fees should rise about 25 times over that period, and ***** umes the token price follows fees.
Chainlink's incumbency is the other half of the argument. The note puts its total value secured above $110 billion, covering roughly 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum. Aave V3 alone accounts for 44% of that secured value.
Kendrick named Swift, DTCC, Euroclear, JP Morgan, Mastercard, UBS, Fidelity and S&P Global among institutions using Chainlink services, and expects off-chain customers to become a growing share of fees. Tokenized funds and bonds need net ***** et values, rates and reserve attestations, making them more data-hungry than crypto-native ***** ets.
#kendrick #fees
Geoff Kendrick, the bank's global head of digital ***** ets research, laid out staged targets in a note published Monday: $13 by the end of this year, then $41, $82 and $133 before reaching $200. The same note pencils in Bitcoin at $500,000 and Ethereum at $40,000 by end-2030.
Kendrick expects the value of tokenized ***** ets on-chain to climb roughly 12-fold to $4 trillion by end-2028 from about $340 billion now, and ***** ets deployed in DeFi to grow 37-fold to $2.7 trillion by 2030. Because Chainlink charges for delivering data and moving ***** ets between chains, the bank estimates its fees should rise about 25 times over that period, and ***** umes the token price follows fees.
Chainlink's incumbency is the other half of the argument. The note puts its total value secured above $110 billion, covering roughly 70% of oracle-dependent value in DeFi globally and more than 80% on Ethereum. Aave V3 alone accounts for 44% of that secured value.
Kendrick named Swift, DTCC, Euroclear, JP Morgan, Mastercard, UBS, Fidelity and S&P Global among institutions using Chainlink services, and expects off-chain customers to become a growing share of fees. Tokenized funds and bonds need net ***** et values, rates and reserve attestations, making them more data-hungry than crypto-native ***** ets.
#kendrick #fees
12 days ago
Rumors have continued to swirl around the future of Haas Factory Team's NASCAR Cup operation as charter values climb and the organization settles into life as a single-car team.
On Saturday at Iowa Speedway, Haas chief operating officer Joe Custer made one thing abundantly clear: the organization has no intention of selling its charter or returning to a multi-car Cup program anytime soon.
Instead, Haas plans to keep building around Cole Custer while strengthening its technical relationship with Chevrolet and its industry partners.
Speaking Saturday at Iowa Speedway, Custer dismissed the idea that Haas could cash out as Cup Series charters continue to increase in value.
"We have unfinished business in the Cup Series, you know, as Haas Factory Team," Custer said. "So, no, we are dead committed. Gene Haas, you know, is an F1 owner and a NASCAR Cup owner and also an O'Reilly owner, and we intend to keep it that way."
#custer #speedway
On Saturday at Iowa Speedway, Haas chief operating officer Joe Custer made one thing abundantly clear: the organization has no intention of selling its charter or returning to a multi-car Cup program anytime soon.
Instead, Haas plans to keep building around Cole Custer while strengthening its technical relationship with Chevrolet and its industry partners.
Speaking Saturday at Iowa Speedway, Custer dismissed the idea that Haas could cash out as Cup Series charters continue to increase in value.
"We have unfinished business in the Cup Series, you know, as Haas Factory Team," Custer said. "So, no, we are dead committed. Gene Haas, you know, is an F1 owner and a NASCAR Cup owner and also an O'Reilly owner, and we intend to keep it that way."
#custer #speedway
14 days ago
Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook.
The company also announced that BlackRock, Visa and Mastercard will serve as validators for its upcoming blockchain network.
Circle reported second-quarter earnings of $0.18 per share, matching the Wall Street consensus estimate.
Total revenue and reserve income increased 7% year over year to $701 million. As no **** yst consensus was available for this metric, no beat or miss comparison could be made.
Net income from continuing operations reached $48 million, representing a year-over-year improvement of $530 million, largely reflecting lower stock-based compensation expenses following the company's initial public offering in the second quarter of 2025.
#quarter #stablecoin #company #consensus
The company also announced that BlackRock, Visa and Mastercard will serve as validators for its upcoming blockchain network.
Circle reported second-quarter earnings of $0.18 per share, matching the Wall Street consensus estimate.
Total revenue and reserve income increased 7% year over year to $701 million. As no **** yst consensus was available for this metric, no beat or miss comparison could be made.
Net income from continuing operations reached $48 million, representing a year-over-year improvement of $530 million, largely reflecting lower stock-based compensation expenses following the company's initial public offering in the second quarter of 2025.
#quarter #stablecoin #company #consensus
15 days ago
Someone is collecting signatures that might kill a racetrack by telling people it will save it. That is not a typo. Paid canvassers in Nashville were caught on hidden camera telling residents that signing their petition would protect the Fairgrounds Speedway from being torn down by corporate developers. The petition actually does the exact opposite. It strips racing's legal protections from the city charter and tries to open the land to housing construction. Dale Earnhardt Jr. sat down with Marcus Smith, Jeff Burton, and Matt Weaver to talk about it.
"My question is, if it's true, which there's video evidence of these folks seeking these signatures, stating false information or just incorrect information, how can that not be taken to de-legitimize the 50,000, 60,000 signatures they need?" said Dale Jr. on Wednesday's episode of The Dale Jr. Download.
"They are using actual government letterhead to give this to the residents. That's the moment it becomes a legal matter."
Residents who figured out they were misled are now trying to pull their names off the petition. But the Metro Clerk's office earlier told them they cannot before suggesting that anyone who would like to remove their name can contact Restore Our Fairgrounds. That said, former council members have already filed formal complaints demanding a full investigation.
The petition campaign has been backed by John Ingram, per reports, owner of Nashville SC.
#down #Legal
"My question is, if it's true, which there's video evidence of these folks seeking these signatures, stating false information or just incorrect information, how can that not be taken to de-legitimize the 50,000, 60,000 signatures they need?" said Dale Jr. on Wednesday's episode of The Dale Jr. Download.
"They are using actual government letterhead to give this to the residents. That's the moment it becomes a legal matter."
Residents who figured out they were misled are now trying to pull their names off the petition. But the Metro Clerk's office earlier told them they cannot before suggesting that anyone who would like to remove their name can contact Restore Our Fairgrounds. That said, former council members have already filed formal complaints demanding a full investigation.
The petition campaign has been backed by John Ingram, per reports, owner of Nashville SC.
#down #Legal
15 days ago
According to reports, Luka Doncic is set to hold a minicamp for his Los Angeles Lakers teammates in his native Slovenia. Even better, he will reportedly pay for his teammates to make their way to Slovenia for that minicamp.
This will be an important event for the Lakers, given that they have so many new players on their roster for the upcoming season. One player who could play a key supporting role is Cameron Carr, the promising rookie guard who was the No. 24 pick in June's NBA draft.
According to NBA insider Marc Stein, every player on the roster will attend Doncic's minicamp — except Carr, who is required to participate in an official NBA orientation for rookies.
"The aforementioned Dončić has chartered a plane and is paying the full bill to fly and host every single Lakers teammate in his native Slovenia later this month. I'm told that 16 of the 17 players on the Lakers' roster not named Dončić — from Austin Reaves to Walker Kessler to Bronny James to two-way signees Arthur Kaluma, Chris Mañon and AK Okereke --have all committed to attend.
"League sources say it would have been 17 of 17 if just drafted swingman Cameron Carr wasn't required to participate in an official NBA rookie orientation that conflicts with what Dončić is calling a 'team bonding trip.'"
#carr
This will be an important event for the Lakers, given that they have so many new players on their roster for the upcoming season. One player who could play a key supporting role is Cameron Carr, the promising rookie guard who was the No. 24 pick in June's NBA draft.
According to NBA insider Marc Stein, every player on the roster will attend Doncic's minicamp — except Carr, who is required to participate in an official NBA orientation for rookies.
"The aforementioned Dončić has chartered a plane and is paying the full bill to fly and host every single Lakers teammate in his native Slovenia later this month. I'm told that 16 of the 17 players on the Lakers' roster not named Dončić — from Austin Reaves to Walker Kessler to Bronny James to two-way signees Arthur Kaluma, Chris Mañon and AK Okereke --have all committed to attend.
"League sources say it would have been 17 of 17 if just drafted swingman Cameron Carr wasn't required to participate in an official NBA rookie orientation that conflicts with what Dončić is calling a 'team bonding trip.'"
#carr
16 days ago
Larne have said their Europa League qualifier at Inver Park with FC Iberia 1999 on Tuesday night is set to go ahead as scheduled despite their visitor's travel complications.
The Georgian team could not land in Northern Ireland on Monday due to paperwork issues with their chartered flight, sparking concerns the game would be delayed.
Some of FC Iberia 1999's players and staff are now not expected to arrive for the first leg of the third qualifying round tie until Tuesday afternoon, with kick-off scheduled in Larne at 20:00 BST.
Uefa regulations state that teams must arrive in a country for a match no fewer than 24 hours before kick-off, but Larne have posted on X that the game is "scheduled to go ahead as planned".
The second leg will take place in Tbilisi on 11 August at 17:00 BST.
#larne #ahead #game
The Georgian team could not land in Northern Ireland on Monday due to paperwork issues with their chartered flight, sparking concerns the game would be delayed.
Some of FC Iberia 1999's players and staff are now not expected to arrive for the first leg of the third qualifying round tie until Tuesday afternoon, with kick-off scheduled in Larne at 20:00 BST.
Uefa regulations state that teams must arrive in a country for a match no fewer than 24 hours before kick-off, but Larne have posted on X that the game is "scheduled to go ahead as planned".
The second leg will take place in Tbilisi on 11 August at 17:00 BST.
#larne #ahead #game
23 days ago
Oil prices gave up earlier gains on Friday after reports that Pakistan is trying to broker a return to U.S.-Iran nuclear negotiations. China is strongly backing the effort as the conflict and the closure of the Strait of Hormuz continue to threaten its energy security and weigh on its economy.
Brent crude for September delivery fell 4.4% to trade at $96.36 per barrel at 1.35 pm ET while WTI crude for September delivery was down 3.6% to change hands at $88.86/bbl.
However, Standard Chartered says the latest pullback may prove temporary as Middle East oil market risk has expanded from one strategic chokepoint to two.
On Monday, Yemen's Houthi militant group imposed a targeted maritime blockade against Saudi Arabia, threatening to enforce it by blocking Saudi-linked vessels from transiting the vital Bab el-Mandeb Strait. The group claimed the blockade was a direct retaliation for a decade-long Saudi containment of Yemen as well as a recent Saudi-backed airstrike targeting Sanaa International Airport.
The threat immediately rattled oil markets, prompting multiple Saudi-linked very large crude carriers (VLCCs) to abandon planned transits through the Bab el-Mandeb Strait and instead reroute around Africa's Cape of Good Hope, adding up to two weeks to each voyage. Two days later, the Houthis followed through. The group launched ballistic missiles and drones at two Saudi oil tankers on Thursday, damaging both vessels and igniting fires onboard. Brent crude surged nearly $20 per barrel, briefly climbing above $100.
#brent #september
Brent crude for September delivery fell 4.4% to trade at $96.36 per barrel at 1.35 pm ET while WTI crude for September delivery was down 3.6% to change hands at $88.86/bbl.
However, Standard Chartered says the latest pullback may prove temporary as Middle East oil market risk has expanded from one strategic chokepoint to two.
On Monday, Yemen's Houthi militant group imposed a targeted maritime blockade against Saudi Arabia, threatening to enforce it by blocking Saudi-linked vessels from transiting the vital Bab el-Mandeb Strait. The group claimed the blockade was a direct retaliation for a decade-long Saudi containment of Yemen as well as a recent Saudi-backed airstrike targeting Sanaa International Airport.
The threat immediately rattled oil markets, prompting multiple Saudi-linked very large crude carriers (VLCCs) to abandon planned transits through the Bab el-Mandeb Strait and instead reroute around Africa's Cape of Good Hope, adding up to two weeks to each voyage. Two days later, the Houthis followed through. The group launched ballistic missiles and drones at two Saudi oil tankers on Thursday, damaging both vessels and igniting fires onboard. Brent crude surged nearly $20 per barrel, briefly climbing above $100.
#brent #september
24 days ago
Circle (NYSE: CRCL) issues USD Coin (CRYPTO: USDC), the world's second-largest stablecoin and the most widely used stablecoin in the United States. USD Coin is backed by Circle's own U.S. dollars and Treasuries, and the company generates most of its revenue from the interest earned on those deposits (known as its reserve income). Circle recently won a U.S. bank charter, and its firm compliance with U.S. regulations makes it an appealing choice for institutional investors.
Circle's revenue will keep rising as long as it continues to mint more USDC tokens for investors who want a faster, more digitally flexible alternative to real U.S. dollars. In a recent CNBC interview, Circle CEO Jeremy Allaire claimed the entire stablecoin market could grow from about $1 trillion today to tens of trillions of dollars over the coming years. But does that mean Circle's stock will grow at the same rate as the broader stablecoin market?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Circle's U.S. bank charter and its tight compliance with U.S. regulators might make it seem like an obvious way to profit from the stablecoin market's growth. However, Circle's entire future is pegged to USDC -- and that leading token will face a major new competitor later this year.
That challenger is Open USD (OUSD), a new stablecoin backed by a coalition of over 140 financial, tech, and retail giants. One of OUSD's most prominent backers is Coinbase (NASDAQ: COIN), a founding partner of USDC. Coinbase retains USDC's reserve income on its own exchange, and that crucial partnership will automatically renew on Aug. 18.
#signal #Coinbase
Circle's revenue will keep rising as long as it continues to mint more USDC tokens for investors who want a faster, more digitally flexible alternative to real U.S. dollars. In a recent CNBC interview, Circle CEO Jeremy Allaire claimed the entire stablecoin market could grow from about $1 trillion today to tens of trillions of dollars over the coming years. But does that mean Circle's stock will grow at the same rate as the broader stablecoin market?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Circle's U.S. bank charter and its tight compliance with U.S. regulators might make it seem like an obvious way to profit from the stablecoin market's growth. However, Circle's entire future is pegged to USDC -- and that leading token will face a major new competitor later this year.
That challenger is Open USD (OUSD), a new stablecoin backed by a coalition of over 140 financial, tech, and retail giants. One of OUSD's most prominent backers is Coinbase (NASDAQ: COIN), a founding partner of USDC. Coinbase retains USDC's reserve income on its own exchange, and that crucial partnership will automatically renew on Aug. 18.
#signal #Coinbase
26 days ago
July 24 (Reuters) - London-listed shares of Wise fell 10% on Friday after the money transfer group said its application to create a national trust bank in the United States was denied by regulators, amid major changes in financial policy.
The U.S. Office of the Comptroller of the Currency denied Wise's application as it was incompatible with the Federal Reserve's new policies for payment system access, the dual-listed company said. As a national trust bank, Wise sought to settle U.S. dollar payments directly with the Fed.
U.S. regulations for payments have changed significantly since the firm submitted its application in June of last year, it said.
"With the Federal Reserve generally pausing account access for an uninsured trust bank, the approach in our application became non-viable," the firm said.
The fintech firm plans to submit a new application for a national trust bank charter under the GENIUS Act framework, which pertains to digital ****** ets like stablecoins.
#federal
The U.S. Office of the Comptroller of the Currency denied Wise's application as it was incompatible with the Federal Reserve's new policies for payment system access, the dual-listed company said. As a national trust bank, Wise sought to settle U.S. dollar payments directly with the Fed.
U.S. regulations for payments have changed significantly since the firm submitted its application in June of last year, it said.
"With the Federal Reserve generally pausing account access for an uninsured trust bank, the approach in our application became non-viable," the firm said.
The fintech firm plans to submit a new application for a national trust bank charter under the GENIUS Act framework, which pertains to digital ****** ets like stablecoins.
#federal
26 days ago
Ripple has launched Ripple Mint, a platform that lets institutions mint, redeem, and manage Ripple USD (RLUSD) through one console.
The company also invested in Notabene, a compliance firm, to add identity checks and transaction authorization to its stablecoin network. Standard Custody & Trust Company, a New York-chartered trust firm, issues RLUSD under state financial regulation. Jack McDonald, an executive at the company, called the Notabene deal a step toward globally compliant stablecoin transfers.
"Bringing together $RLUSD, Ripple Payments & Notabene's trusted institutional network to help scale compliant stablecoin payments," McDonald said.
Ripple Mint replaces the platform-only setup institutions previously used for RLUSD operations. Users can choose a web console for manual oversight, or new application programming interfaces (APIs) for automated workflows.
The system tracks transactions in real time and sends webhook alerts for fiat receipt, minting, and onchain settlement. Consistent reference IDs tie every stage together, which simplifies reconciliation for exchanges and market makers.
#notabene
The company also invested in Notabene, a compliance firm, to add identity checks and transaction authorization to its stablecoin network. Standard Custody & Trust Company, a New York-chartered trust firm, issues RLUSD under state financial regulation. Jack McDonald, an executive at the company, called the Notabene deal a step toward globally compliant stablecoin transfers.
"Bringing together $RLUSD, Ripple Payments & Notabene's trusted institutional network to help scale compliant stablecoin payments," McDonald said.
Ripple Mint replaces the platform-only setup institutions previously used for RLUSD operations. Users can choose a web console for manual oversight, or new application programming interfaces (APIs) for automated workflows.
The system tracks transactions in real time and sends webhook alerts for fiat receipt, minting, and onchain settlement. Consistent reference IDs tie every stage together, which simplifies reconciliation for exchanges and market makers.
#notabene
27 days ago
Members of the Institute of Chartered Accountants in England and Wales (ICAEW) could support UK Prime Minister Andy Burnham's plans to channel more investment into towns, infrastructure and local economies, but are urging him not to repeat the tax mistakes they say damaged business confidence under the previous government.
That is according to a new ICAEW poll of 875 members conducted between 6 July and 10 July 2026, which found that business taxation is seen as the most urgent issue for the new administration.
Nearly 57% of the respondents said easing the tax burden on businesses should be Burnham's top priority on taking office.
Members said repeated changes to the tax system in recent years had created uncertainty for companies and weakened willingness to invest.
They also cited last year's increase in employer National Insurance contributions, which some described as "crippling" for small businesses. Respondents said the rise constrained hiring, investment and expansion.
#businesses #institute
That is according to a new ICAEW poll of 875 members conducted between 6 July and 10 July 2026, which found that business taxation is seen as the most urgent issue for the new administration.
Nearly 57% of the respondents said easing the tax burden on businesses should be Burnham's top priority on taking office.
Members said repeated changes to the tax system in recent years had created uncertainty for companies and weakened willingness to invest.
They also cited last year's increase in employer National Insurance contributions, which some described as "crippling" for small businesses. Respondents said the rise constrained hiring, investment and expansion.
#businesses #institute
29 days ago
For the first time since IndyCar introduced its charter system in 2025, one of the 25 available charters has been sold. Rahal Letterman Lanigan Racing is selling one of its three charters to Dreyer & Reinbold Racing, which will return as a full-time IndyCar team for the first time since 2012.
After Dreyer & Reinbold Racing owner Dennis Reinbold died in June, the team has continued operations and worked to become a full-time team, which Reinbold was working toward before his death. Dreyer & Reinbold Racing CEO Derek Reinbold worked with RLL's ownership group of by Bobby Rahal, Mike Lanigan and David Letterman to complete the deal.
"I want to thank Bobby Rahal, Mike Lanigan, David Letterman, and (RLL president) Jay Frye for the way they approached this from our very first conversation," Reinbold said in a news release. "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
"The NTT IndyCar Series is in the strongest position it has been in for decades, and that is a direct result of Roger Penske's stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud."
Dreyer & Reinbold has competed in the Indianapolis 500 every year despite not being a full-time team, and it will now be the 11th team in the paddock in 2027. RLL has not announced which drivers will return next year, as the team's current lineup consists of Graham Rahal, Louis Foster and Mick Schumacher.
#full #lanigan
After Dreyer & Reinbold Racing owner Dennis Reinbold died in June, the team has continued operations and worked to become a full-time team, which Reinbold was working toward before his death. Dreyer & Reinbold Racing CEO Derek Reinbold worked with RLL's ownership group of by Bobby Rahal, Mike Lanigan and David Letterman to complete the deal.
"I want to thank Bobby Rahal, Mike Lanigan, David Letterman, and (RLL president) Jay Frye for the way they approached this from our very first conversation," Reinbold said in a news release. "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
"The NTT IndyCar Series is in the strongest position it has been in for decades, and that is a direct result of Roger Penske's stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud."
Dreyer & Reinbold has competed in the Indianapolis 500 every year despite not being a full-time team, and it will now be the 11th team in the paddock in 2027. RLL has not announced which drivers will return next year, as the team's current lineup consists of Graham Rahal, Louis Foster and Mick Schumacher.
#full #lanigan
29 days ago
For the first time since IndyCar introduced its charter system in 2025, one of the 25 available charters has been sold. Rahal Letterman Lanigan Racing is selling one of its three charters to Dreyer & Reinbold Racing, which will return as a full-time IndyCar team for the first time since 2012.
After Dreyer & Reinbold Racing owner Dennis Reinbold died in June, the team has continued operations and worked to become a full-time team, which Reinbold was working toward before his death. Dreyer & Reinbold Racing CEO Derek Reinbold worked with RLL's ownership group of Bobby Rahal, Mike Lanigan and David Letterman to complete the deal.
"I want to thank Bobby Rahal, Mike Lanigan, David Letterman, and (RLL president) Jay Frye for the way they approached this from our very first conversation," Reinbold said in a news release. "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
"The NTT IndyCar Series is in the strongest position it has been in for decades, and that is a direct result of Roger Penske's stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud."
Dreyer & Reinbold has competed in the Indianapolis 500 every year despite not being a full-time team, and it will now be the 11th team in the paddock in 2027. RLL has not announced which drivers will return next year, as the team's current lineup consists of Graham Rahal, Louis Foster and Mick Schumacher.
#full
After Dreyer & Reinbold Racing owner Dennis Reinbold died in June, the team has continued operations and worked to become a full-time team, which Reinbold was working toward before his death. Dreyer & Reinbold Racing CEO Derek Reinbold worked with RLL's ownership group of Bobby Rahal, Mike Lanigan and David Letterman to complete the deal.
"I want to thank Bobby Rahal, Mike Lanigan, David Letterman, and (RLL president) Jay Frye for the way they approached this from our very first conversation," Reinbold said in a news release. "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
"The NTT IndyCar Series is in the strongest position it has been in for decades, and that is a direct result of Roger Penske's stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud."
Dreyer & Reinbold has competed in the Indianapolis 500 every year despite not being a full-time team, and it will now be the 11th team in the paddock in 2027. RLL has not announced which drivers will return next year, as the team's current lineup consists of Graham Rahal, Louis Foster and Mick Schumacher.
#full
29 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved higher this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
#Monday #july
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved higher this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
#Monday #july
30 days ago
VivoPower PLC (NASDAQ:VIVO, FRA:51J) announced that it has appointed Syed Muhammad Nouman as Group Finance Director.
Nouman will also serve as the company's Principal Financial Officer and Principal Accounting Officer for US Securities and Exchange Commission reporting purposes, following ratification by VivoPower's Audit Committee.
Nouman is a Fellow Chartered Accountant (FCA) with more than 17 years of global finance and accounting leadership experience. He began his career at PwC and has held senior finance roles across the oil and gas, real estate, automation engineering and hospitality sectors.
VivoPower said Nouman brings experience in audit and risk management, IFRS and US GAAP reporting, mergers and acquisitions, commercial finance, real estate investment and development, and global tax management.
The company stated that his appointment is intended to strengthen its finance and accounting function as it expands its sovereign AI data center infrastructure business and advances the planned business combination of its Tembo subsidiary toward an independent listing.
#finance #reporting
Nouman will also serve as the company's Principal Financial Officer and Principal Accounting Officer for US Securities and Exchange Commission reporting purposes, following ratification by VivoPower's Audit Committee.
Nouman is a Fellow Chartered Accountant (FCA) with more than 17 years of global finance and accounting leadership experience. He began his career at PwC and has held senior finance roles across the oil and gas, real estate, automation engineering and hospitality sectors.
VivoPower said Nouman brings experience in audit and risk management, IFRS and US GAAP reporting, mergers and acquisitions, commercial finance, real estate investment and development, and global tax management.
The company stated that his appointment is intended to strengthen its finance and accounting function as it expands its sovereign AI data center infrastructure business and advances the planned business combination of its Tembo subsidiary toward an independent listing.
#finance #reporting
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved lower this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
Bitcoin (BTC-USD) opened at $64,680.23 on Monday, July 20, 2026, 0.2% lower than Sunday's opening price. As of 9:34 a.m. ET this morning, the price of bitcoin moved up to $64,694.96.
Ethereum (ETH-USD) opened at $1,871.21 on Monday, July 20, 2026, up 0.5% from Sunday's opening price. The price of ethereum moved lower this morning to $1,875.30 as of 9:35 a.m. ET.
Bitcoin opened slightly lower while ethereum was higher this morning. Both digital currencies are up over the past month, but sentiment about the second half of the year remains mixed.
Analyst Darkforst noted Friday that top buyers who paid between $75,000 and $126,000 for bitcoin are now realizing losses — signaling investors aren't optimistic about the near-term prospects. On the other hand, Standard Chartered just renewed its $100,000 bitcoin year-end 2026 price target. Prediction market Polymarket is taking a middle road, with top odds on bitcoin closing the year between $70,000 and $75,000 and ethereum finishing 2026 between $2,000 and $2,250.
1 month ago
Who was the Greater Fall River area's top high school female athlete in 2025-26? The Herald News is letting readers have a say in the winner in the Fan's Choice poll.
Area athletes put on a display all season and stood out from the rest. It's time to give them the recognition they deserve.
Supporters of the schools — Atlantis Charter, Joseph Case, Diman, Durfee, Somerset Berkley and Westport — and student-athletes can visit heraldnews.com to vote for the person of their choosing.
Voting will conclude July 22 with the winner announced here and X (formerly known as Twitter). Vote early and often.
Here's a look at the nominees for the Female Athlete of the Year:
Area athletes put on a display all season and stood out from the rest. It's time to give them the recognition they deserve.
Supporters of the schools — Atlantis Charter, Joseph Case, Diman, Durfee, Somerset Berkley and Westport — and student-athletes can visit heraldnews.com to vote for the person of their choosing.
Voting will conclude July 22 with the winner announced here and X (formerly known as Twitter). Vote early and often.
Here's a look at the nominees for the Female Athlete of the Year:
1 month ago
A complaint alleging FIFA president Gianni Infantino has breached rules on political neutrality in his dealings with United States President Donald Trump has been submitted to the International Olympic Committee.
Human rights group FairSquare says Infantino – who became an IOC member in 2020 – has repeatedly breached the Olympic Charter and the IOC’s code of ethics, most recently in his handling of the Folarin Balogun affair.
The United States striker’s one-match ban was suspended by FIFA’s disciplinary committee, freeing him up to play in their World Cup last-16 match against Belgium.
That followed a phone call from President Trump to Infantino, with the Swiss insisting FIFA’s committees are entirely independent.
The Times has reported that the disciplinary committee chair Mohammad Al Kamali made the key decision to suspend the ban alone, having never been the sole arbiter in any previous published disciplinary cases.
Human rights group FairSquare says Infantino – who became an IOC member in 2020 – has repeatedly breached the Olympic Charter and the IOC’s code of ethics, most recently in his handling of the Folarin Balogun affair.
The United States striker’s one-match ban was suspended by FIFA’s disciplinary committee, freeing him up to play in their World Cup last-16 match against Belgium.
That followed a phone call from President Trump to Infantino, with the Swiss insisting FIFA’s committees are entirely independent.
The Times has reported that the disciplinary committee chair Mohammad Al Kamali made the key decision to suspend the ban alone, having never been the sole arbiter in any previous published disciplinary cases.
