1 day ago
Beyond Meat dropped 11% after its 1-for-30 reverse split and faces an August 31 Nasdaq compliance deadline; Oatly gained 41% in the past month.
Vital Farms fell 66% YTD while PBJ gained 8%, confirming Beyond Meat's sell-off is company-specific, not a broader sector-wide problem.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oatly didn't make the cut. Grab the names FREE today.
Beyond Meat (NASDAQ:BYND) shares are down 11% to $11.99 midday Monday, as the stock takes another leg lower in its first full week of trading on a split-adjusted basis. The slide follows the 1-for-30 reverse stock split that took effect after the close on August 13.
There is no fresh operating announcement from Beyond Meat driving today's move. The mechanics of the reverse split haven't changed the demand picture for the shares, and continued selling in the first sessions after a reverse split is a familiar pattern.
#shares
Vital Farms fell 66% YTD while PBJ gained 8%, confirming Beyond Meat's sell-off is company-specific, not a broader sector-wide problem.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oatly didn't make the cut. Grab the names FREE today.
Beyond Meat (NASDAQ:BYND) shares are down 11% to $11.99 midday Monday, as the stock takes another leg lower in its first full week of trading on a split-adjusted basis. The slide follows the 1-for-30 reverse stock split that took effect after the close on August 13.
There is no fresh operating announcement from Beyond Meat driving today's move. The mechanics of the reverse split haven't changed the demand picture for the shares, and continued selling in the first sessions after a reverse split is a familiar pattern.
#shares
1 day ago
Generation Income Properties (NASDAQ:GIPR) narrowed its second-quarter 2026 net loss attributable to common shareholders by 76% year over year and regained compliance with Nasdaq's stockholders' equity requirement as ******* et sales, capital raising and preferred equity restructuring strengthened its balance sheet.
The Q2 results show measurable progress in GIPR's deleveraging strategy, but near-term risks remain, including a $7.96 million preferred equity redemption obligation, debt maturities, a going-concern disclosure and an unresolved Nasdaq minimum bid-price and market-value issue.
Generation Income Properties (NASDAQ:GIPR) reduced its Q2 net loss attributable to common shareholders to $1.08 million from $4.42 million a year earlier.
Nasdaq confirmed that GIPR regained compliance with its stockholders' equity requirement effective August 10, although compliance will be monitored for one year.
The Loci preferred equity redemption obligation has fallen from a peak of approximately $20 million to $7.96 million as of August 1.
#NASDAQ #compliance #generation
The Q2 results show measurable progress in GIPR's deleveraging strategy, but near-term risks remain, including a $7.96 million preferred equity redemption obligation, debt maturities, a going-concern disclosure and an unresolved Nasdaq minimum bid-price and market-value issue.
Generation Income Properties (NASDAQ:GIPR) reduced its Q2 net loss attributable to common shareholders to $1.08 million from $4.42 million a year earlier.
Nasdaq confirmed that GIPR regained compliance with its stockholders' equity requirement effective August 10, although compliance will be monitored for one year.
The Loci preferred equity redemption obligation has fallen from a peak of approximately $20 million to $7.96 million as of August 1.
#NASDAQ #compliance #generation
1 day ago
Glucotrack (NASDAQ:GCTK) has regained compliance with Nasdaq's stockholders' equity requirement, with the Nasdaq Hearings Panel granting the company's request for continued listing subject to certain conditions.
The Nasdaq compliance milestone removes one specific listing issue for Glucotrack as management continues its strategic transformation, although the company said it is still working toward full compliance with all applicable Nasdaq standards.
Glucotrack (NASDAQ:GCTK) has regained compliance with Nasdaq's stockholders' equity requirement.
The Nasdaq Hearings Panel granted continued listing subject to certain conditions, meaning compliance remains an area for investors to monitor.
Management views the decision as part of efforts to strengthen Glucotrack's financial foundation and reposition the business for longer-term growth.
#gctk #management #stockholders
The Nasdaq compliance milestone removes one specific listing issue for Glucotrack as management continues its strategic transformation, although the company said it is still working toward full compliance with all applicable Nasdaq standards.
Glucotrack (NASDAQ:GCTK) has regained compliance with Nasdaq's stockholders' equity requirement.
The Nasdaq Hearings Panel granted continued listing subject to certain conditions, meaning compliance remains an area for investors to monitor.
Management views the decision as part of efforts to strengthen Glucotrack's financial foundation and reposition the business for longer-term growth.
#gctk #management #stockholders
2 days ago
Aston Villa pick up talks for Bayern Munich midfielder originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Just a few days away from the start of the Premier League campaign, Aston Villa are still searching the transfer market to help bolster their squad, after two of their bigger-name players departed earlier in the Summer. One of their key forwards, Morgan Rogers, left Villa Park for a move to Stamford Bridge, with that deal being worth £117 million.
The second departure would be that of Youri Tielemans, who made his way to Manchester United for a fee that left some people scratching their heads: £35 million, but it's worth noting that the fee was accepted in compliance with a release clause in the Belgian's contract. Tielemans leaving the West Midlands club has left Unai Emery with a bit of a hole in his midfield depth, but it appears that they've started to look towards Germany once again for Bayern Munich's Joao Palhinha.
As reported by The Athletic's Jacob Tanswell, Aston Villa have opted to resume negotiations with the German champions over the Portuguese midfielder, as they ideally are looking for a loan with an option to buy at the end of the term.
"Aston Villa have resumed talks to sign Joao Palhinha from Bayern Munich. Villa still believe they can finalise an agreement for the midfielder, despite interest from Newcastle United, seeking a season-long loan with an option," writes Tanswell.
#bayern #united
Just a few days away from the start of the Premier League campaign, Aston Villa are still searching the transfer market to help bolster their squad, after two of their bigger-name players departed earlier in the Summer. One of their key forwards, Morgan Rogers, left Villa Park for a move to Stamford Bridge, with that deal being worth £117 million.
The second departure would be that of Youri Tielemans, who made his way to Manchester United for a fee that left some people scratching their heads: £35 million, but it's worth noting that the fee was accepted in compliance with a release clause in the Belgian's contract. Tielemans leaving the West Midlands club has left Unai Emery with a bit of a hole in his midfield depth, but it appears that they've started to look towards Germany once again for Bayern Munich's Joao Palhinha.
As reported by The Athletic's Jacob Tanswell, Aston Villa have opted to resume negotiations with the German champions over the Portuguese midfielder, as they ideally are looking for a loan with an option to buy at the end of the term.
"Aston Villa have resumed talks to sign Joao Palhinha from Bayern Munich. Villa still believe they can finalise an agreement for the midfielder, despite interest from Newcastle United, seeking a season-long loan with an option," writes Tanswell.
#bayern #united
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
FLA's new guidance offers a "strategic approach and concrete recommendations" informed by labour rights standards and frameworks, including its work with the Responsible Purchasing Practices Working Group. It is based on FLA's learnings from evaluating over 50 companies' responsible purchasing and production practices over the last decade; insights gleaned from conversations with buyers; and more.
"Purchasing decisions directly influence working conditions in supply chains," said FLA vice president of research & development in social compliance Tiffany Rogers. "Cost negotiations, payment terms, and lead times are just a few of the elements companies must consider in light of their impact on workers. Our latest guidance is designed to help businesses develop clear processes for working responsibly with suppliers that avoid creating risks for both workers and business operations."
Just Style coverage yesterday on the back of data from ESG ratings agency EcoVadis, revealed most UK retailers currently have no mechanism in place for workers to safely report labour rights abuse. EcoVadis ***** sed nearly 3,000 suppliers to UK retailers, 242 of which were based in countries classified as high risk for labour and human rights abuses.
While 72% of these suppliers had a written human rights policy in place, 56% had no formal channel available for workers to safely report labour-rights issues such as unpaid wages, harassment or forced labour conditions.
"FLA to issue new guidance on responsible purchasing practices" was originally created and published by Just Style, a GlobalData owned brand.
#labour #responsible
"Purchasing decisions directly influence working conditions in supply chains," said FLA vice president of research & development in social compliance Tiffany Rogers. "Cost negotiations, payment terms, and lead times are just a few of the elements companies must consider in light of their impact on workers. Our latest guidance is designed to help businesses develop clear processes for working responsibly with suppliers that avoid creating risks for both workers and business operations."
Just Style coverage yesterday on the back of data from ESG ratings agency EcoVadis, revealed most UK retailers currently have no mechanism in place for workers to safely report labour rights abuse. EcoVadis ***** sed nearly 3,000 suppliers to UK retailers, 242 of which were based in countries classified as high risk for labour and human rights abuses.
While 72% of these suppliers had a written human rights policy in place, 56% had no formal channel available for workers to safely report labour-rights issues such as unpaid wages, harassment or forced labour conditions.
"FLA to issue new guidance on responsible purchasing practices" was originally created and published by Just Style, a GlobalData owned brand.
#labour #responsible
2 days ago
Consumer advocacy organisation Consumer Choice Center (CCC) has called for an immediate halt and overhaul of the EU's new packaging rules, arguing that they impose heavier compliance demands on small and medium-sized retailers.
From 12 August 2026, the EU Packaging and Packaging Waste Regulation (PPWR) has added new obligations for businesses sending goods directly to consumers in other EU member states.
Under the rules, companies engaged in cross-border sales must meet the national requirements of the country where the customer is based.
These requirements may include registration, joining packaging recovery schemes, reporting packaging volumes and, where necessary, appointing an authorised representative.
The CCC said such fixed compliance costs are easier for larger businesses to bear but can make cross-border sales financially impractical for smaller retailers with reduced shipping volumes.
#Consumer #rules #sales #requirements
From 12 August 2026, the EU Packaging and Packaging Waste Regulation (PPWR) has added new obligations for businesses sending goods directly to consumers in other EU member states.
Under the rules, companies engaged in cross-border sales must meet the national requirements of the country where the customer is based.
These requirements may include registration, joining packaging recovery schemes, reporting packaging volumes and, where necessary, appointing an authorised representative.
The CCC said such fixed compliance costs are easier for larger businesses to bear but can make cross-border sales financially impractical for smaller retailers with reduced shipping volumes.
#Consumer #rules #sales #requirements
2 days ago
The EU's Packaging and Packaging Waste Regulation is creating a more consistent framework, but small businesses selling across borders still face national EPR systems, registration and reporting requirements.
The EU's new packaging regime is intended to make rules more consistent across the single market. For small businesses selling products across borders, however, a common regulatory framework does not necessarily mean a common compliance process.
Regulation (EU) 2025/40, known as the Packaging and Packaging Waste Regulation (PPWR), entered into force on 11 February 2025 and generally applies from 12 August 2026. It covers packaging and packaging waste regardless of material or origin, with requirements covering packaging design, composition, reuse, recycling and waste management.
The regulation aims to reduce packaging waste and its environmental and health impacts while improving the functioning of the EU internal market.
Yet one important part of the system – extended producer responsibility (EPR) – continues to rely on national registers and arrangements.
#regulation #small
The EU's new packaging regime is intended to make rules more consistent across the single market. For small businesses selling products across borders, however, a common regulatory framework does not necessarily mean a common compliance process.
Regulation (EU) 2025/40, known as the Packaging and Packaging Waste Regulation (PPWR), entered into force on 11 February 2025 and generally applies from 12 August 2026. It covers packaging and packaging waste regardless of material or origin, with requirements covering packaging design, composition, reuse, recycling and waste management.
The regulation aims to reduce packaging waste and its environmental and health impacts while improving the functioning of the EU internal market.
Yet one important part of the system – extended producer responsibility (EPR) – continues to rely on national registers and arrangements.
#regulation #small
3 days ago
The human rights organization FairSquare sent a letter to three members of FIFA's Governance, Audit and Compliance Committee asking them to stop the federation's president Gianni Infantino from running for re-election.
In the letter seen by news portal The Athletic on Monday, FairSquare argues that FIFA statutes don't permit another term for Infantino. A corresponding amendment to the regulations in 2022 was, among other things, not properly published before the vote in the FIFA Council.
The decisive question is whether Infantino's first term, from 2016 to 2019, will be considered a full term. If so, he would be ineligible to run again, as a FIFA president is limited to three terms.
From Infantino's perspective, he only completed the term of his predecessor, Joseph Blatter, and would therefore be eligible to remain in office for another four years, starting in 2027. The 56-year-old is currently the only candidate.
FairSquare's complaint is largely symbolic. The organization had already failed in its attempt to challenge Infantino before the International Olympic Committee (IOC). In that case, he was accused of close ties to US President Donald Trump and the resulting political interference in the federation.
#infantino #fifa #committee
In the letter seen by news portal The Athletic on Monday, FairSquare argues that FIFA statutes don't permit another term for Infantino. A corresponding amendment to the regulations in 2022 was, among other things, not properly published before the vote in the FIFA Council.
The decisive question is whether Infantino's first term, from 2016 to 2019, will be considered a full term. If so, he would be ineligible to run again, as a FIFA president is limited to three terms.
From Infantino's perspective, he only completed the term of his predecessor, Joseph Blatter, and would therefore be eligible to remain in office for another four years, starting in 2027. The 56-year-old is currently the only candidate.
FairSquare's complaint is largely symbolic. The organization had already failed in its attempt to challenge Infantino before the International Olympic Committee (IOC). In that case, he was accused of close ties to US President Donald Trump and the resulting political interference in the federation.
#infantino #fifa #committee
3 days ago
The human rights organization FairSquare sent a letter to three members of FIFA's Governance, Audit and Compliance Committee asking them to stop the federation's president Gianni Infantino from running for re-election.
In the letter seen by news portal The Athletic on Monday, FairSquare argues that FIFA statutes don't permit another term for Infantino. A corresponding amendment to the regulations in 2022 was, among other things, not properly published before the vote in the FIFA Council.
The decisive question is whether Infantino's first term, from 2016 to 2019, will be considered a full term. If so, he would be ineligible to run again, as a FIFA president is limited to three terms.
From Infantino's perspective, he only completed the term of his predecessor, Joseph Blatter, and would therefore be eligible to remain in office for another four years, starting in 2027. The 56-year-old is currently the only candidate.
FairSquare's complaint is largely symbolic. The organization had already failed in its attempt to challenge Infantino before the International Olympic Committee (IOC). In that case, he was accused of close ties to US President Donald Trump and the resulting political interference in the federation.
#committee
In the letter seen by news portal The Athletic on Monday, FairSquare argues that FIFA statutes don't permit another term for Infantino. A corresponding amendment to the regulations in 2022 was, among other things, not properly published before the vote in the FIFA Council.
The decisive question is whether Infantino's first term, from 2016 to 2019, will be considered a full term. If so, he would be ineligible to run again, as a FIFA president is limited to three terms.
From Infantino's perspective, he only completed the term of his predecessor, Joseph Blatter, and would therefore be eligible to remain in office for another four years, starting in 2027. The 56-year-old is currently the only candidate.
FairSquare's complaint is largely symbolic. The organization had already failed in its attempt to challenge Infantino before the International Olympic Committee (IOC). In that case, he was accused of close ties to US President Donald Trump and the resulting political interference in the federation.
#committee
5 days ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Outreach to small businesses looking to bid on public jobs has only gotten easier, says Teresa Maxwell.
The DBE compliance officer for Skanska Civil's West region got her start as a receptionist, when paper and snail mail was the common practice for contacting potential subcontractors.
Now, Maxwell says the systems Skanska has in place for its in-house diverse business enterprise outreach program — not to be confused with the Department of Transportation's Disadvantaged Business Enterprise program — better enabled it to hit small business contracting goals on a $380 million Los Angeles International Airport project.
Here, Maxwell talks with Construction Dive about hitting goals on the Los Angeles World Airports Roadways, Utilities and Enabling job, the state of small business outreach and the impact of evolving federal certifications.
#maxwell #outreach #angeles #daily
Outreach to small businesses looking to bid on public jobs has only gotten easier, says Teresa Maxwell.
The DBE compliance officer for Skanska Civil's West region got her start as a receptionist, when paper and snail mail was the common practice for contacting potential subcontractors.
Now, Maxwell says the systems Skanska has in place for its in-house diverse business enterprise outreach program — not to be confused with the Department of Transportation's Disadvantaged Business Enterprise program — better enabled it to hit small business contracting goals on a $380 million Los Angeles International Airport project.
Here, Maxwell talks with Construction Dive about hitting goals on the Los Angeles World Airports Roadways, Utilities and Enabling job, the state of small business outreach and the impact of evolving federal certifications.
#maxwell #outreach #angeles #daily
6 days ago
Fleet safety directors spend years building compliance programs that ****** ody ever asks them to defend out loud, and when someone finally does, it is a plaintiff's attorney with a court reporter in the room. Trucksafe Consulting is selling the rehearsal.
The DOT compliance consultancy will hold its fifth annual Fleet Compliance Bootcamp Sept. 16-17, 2026, at the Crowne Plaza Indianapolis-Downtown-Union Station, and this year's program adds a half-day Live Deposition Simulation and Rule 30(b)(6) Preparation Seminar on Sept. 18.
Trucking deposition preparation usually begins after a lawsuit is filed, which is also the point at which the record stops being fixable. Attendees will watch a realistic deposition of a fleet safety director in a serious highway-accident case. Plaintiff and defense attorneys will demonstrate the questioning strategies, document issues and credibility challenges they use in live cases. A panel discussion afterward will examine how testimony and company records affect liability exposure and settlement value.
"Today, a compliance failure rarely stays confined to an enforcement proceeding," said Brandon Wiseman, president and founder of Trucksafe Consulting. "After a serious accident, attorneys will scrutinize years of driver files, maintenance records, safety data, policies, emails and management decisions."
The exposure is retroactive, and it reaches documents ****** ody wrote expecting an audience.
#fleet
The DOT compliance consultancy will hold its fifth annual Fleet Compliance Bootcamp Sept. 16-17, 2026, at the Crowne Plaza Indianapolis-Downtown-Union Station, and this year's program adds a half-day Live Deposition Simulation and Rule 30(b)(6) Preparation Seminar on Sept. 18.
Trucking deposition preparation usually begins after a lawsuit is filed, which is also the point at which the record stops being fixable. Attendees will watch a realistic deposition of a fleet safety director in a serious highway-accident case. Plaintiff and defense attorneys will demonstrate the questioning strategies, document issues and credibility challenges they use in live cases. A panel discussion afterward will examine how testimony and company records affect liability exposure and settlement value.
"Today, a compliance failure rarely stays confined to an enforcement proceeding," said Brandon Wiseman, president and founder of Trucksafe Consulting. "After a serious accident, attorneys will scrutinize years of driver files, maintenance records, safety data, policies, emails and management decisions."
The exposure is retroactive, and it reaches documents ****** ody wrote expecting an audience.
#fleet
8 days ago
Airbnb (NASDAQ:ABNB) shares surged 17.4% on August 7, closing at their highest price in more than four years. The move followed second-quarter 2026 results, published on August 6, that cleared expectations on nearly every line. Revenue climbed 17% year over year to $3.6 billion, gross booking value rose 16% to $27.2 billion, and adjusted EBITDA jumped 21% to $1.3 billion. It was the kind of quarter that finally shifted the narrative around a stock that had spent years going nowhere.
Nights and seats booked rose 10% to 148.3 million, an acceleration from the first quarter, while GAAP EPS jumped from $1.03 to $1.37, well past the $1.22 **** ysts expected. Management didn't just clear the bar; it raised it for the rest of the year, guiding to at least mid-teens full-year revenue growth and an adjusted EBITDA margin of at least 35.5%, with third quarter revenue seen between $4.69 billion and $4.77 billion. The growth also broadened out. Net origin nights booked accelerated not only in newer expansion markets but in long-established ones too, including the US, France, the UK, and Australia, a sign the improvement is coming from product work rather than a one-time boost.
That product work shows up everywhere. Airbnb has rebuilt itself as what it calls an AI native company, cutting the time from concept to shipped feature by as much as 60% and shipping nearly 80% more features than a year earlier. Its AI **** istant, now live in more than 50 languages, resolves roughly 45% of support issues without a human agent, up from the first quarter, and has helped push customer support cost per booking down about 16% year-over-year. The company is also stretching past home rentals, adding boutique and independent hotels across more than 20 destinations along with grocery delivery, car rentals, airport pickups, and resort passes. Hotel nights booked grew roughly three times as fast as the core home business, and about 35% of first-time hotel guests come back to book a home, suggesting the expansion feeds the core rather than competing with it. With more than 9 million active listings across 220 countries and roughly 2 billion guest arrivals since 2008, Airbnb also sits on a depth of host history that AI rivals have little of their own to draw from.
None of this comes cheap. Airbnb has long carried a valuation premium tied to growth expectations, and a stock that just hit a four-year high raises the bar for what needs to keep going right. Reported free cash flow also leans on a non-cash boost, since stock-based compensation made up roughly 34% of operating cash flow in fiscal 2025, meaning some of that cash generation isn't as clean as the headline number suggests. Regulation is a live risk too. New European Union rules taking effect in May 2026 require more transparency and data sharing from short-term rental platforms, adding compliance costs on top of restrictions cities like New York have already imposed.
#year #revenue #nights
Nights and seats booked rose 10% to 148.3 million, an acceleration from the first quarter, while GAAP EPS jumped from $1.03 to $1.37, well past the $1.22 **** ysts expected. Management didn't just clear the bar; it raised it for the rest of the year, guiding to at least mid-teens full-year revenue growth and an adjusted EBITDA margin of at least 35.5%, with third quarter revenue seen between $4.69 billion and $4.77 billion. The growth also broadened out. Net origin nights booked accelerated not only in newer expansion markets but in long-established ones too, including the US, France, the UK, and Australia, a sign the improvement is coming from product work rather than a one-time boost.
That product work shows up everywhere. Airbnb has rebuilt itself as what it calls an AI native company, cutting the time from concept to shipped feature by as much as 60% and shipping nearly 80% more features than a year earlier. Its AI **** istant, now live in more than 50 languages, resolves roughly 45% of support issues without a human agent, up from the first quarter, and has helped push customer support cost per booking down about 16% year-over-year. The company is also stretching past home rentals, adding boutique and independent hotels across more than 20 destinations along with grocery delivery, car rentals, airport pickups, and resort passes. Hotel nights booked grew roughly three times as fast as the core home business, and about 35% of first-time hotel guests come back to book a home, suggesting the expansion feeds the core rather than competing with it. With more than 9 million active listings across 220 countries and roughly 2 billion guest arrivals since 2008, Airbnb also sits on a depth of host history that AI rivals have little of their own to draw from.
None of this comes cheap. Airbnb has long carried a valuation premium tied to growth expectations, and a stock that just hit a four-year high raises the bar for what needs to keep going right. Reported free cash flow also leans on a non-cash boost, since stock-based compensation made up roughly 34% of operating cash flow in fiscal 2025, meaning some of that cash generation isn't as clean as the headline number suggests. Regulation is a live risk too. New European Union rules taking effect in May 2026 require more transparency and data sharing from short-term rental platforms, adding compliance costs on top of restrictions cities like New York have already imposed.
#year #revenue #nights
9 days ago
Former Raiders coach Jon Gruden wanted his claims against the NFL and Commissioner Roger Goodell to be resolved in court. Gruden won. And now he has to fully comply with the court's rules.
The presiding judge suggested on Monday that Gruden has not done so sufficiently.
"I remain concerned with Gruden's, Gruden's side's delays and lack of cooperation, lack of compliance with the rules," district judge Joe Hardy said, via **** le Brigham of the Las Vegas Review-Journal.
The NFL had complained that Gruden was dragging his feet in the discovery process **** ociated with his lawsuit alleging that the NFL deliberately leaked otherwise confidential emails in an effort to force him out as the Raiders' head coach in October 2021.
"No explanation was proffered by Gruden's side that would address the court's concern about the delays, particularly in light of months ago, when I said, in Gruden's favor and against the NFL's position, we're going forward," Judge Hardy said. "Gruden understandably at least represented to me that their side wanted to proceed expeditiously and has done the opposite of that."
#gruden #wanted #lack
The presiding judge suggested on Monday that Gruden has not done so sufficiently.
"I remain concerned with Gruden's, Gruden's side's delays and lack of cooperation, lack of compliance with the rules," district judge Joe Hardy said, via **** le Brigham of the Las Vegas Review-Journal.
The NFL had complained that Gruden was dragging his feet in the discovery process **** ociated with his lawsuit alleging that the NFL deliberately leaked otherwise confidential emails in an effort to force him out as the Raiders' head coach in October 2021.
"No explanation was proffered by Gruden's side that would address the court's concern about the delays, particularly in light of months ago, when I said, in Gruden's favor and against the NFL's position, we're going forward," Judge Hardy said. "Gruden understandably at least represented to me that their side wanted to proceed expeditiously and has done the opposite of that."
#gruden #wanted #lack
10 days ago
If you received a letter from the IRS, you'd take it seriously. Unfortunately, fraudsters know that, and they're using it to their advantage in a snail mail scam targeting crypto holders.
According to a press release from the IRS's Criminal Investigation division, an international fraud network has been sending out letters that look like they're coming from the federal agency. The hallmark feature of these messages is that they urge recipients to create an account on a "Digital ***** et Compliance Portal." There's also a QR code that leads to an unofficial IRS- lookalike website that claims to help people register.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#according
According to a press release from the IRS's Criminal Investigation division, an international fraud network has been sending out letters that look like they're coming from the federal agency. The hallmark feature of these messages is that they urge recipients to create an account on a "Digital ***** et Compliance Portal." There's also a QR code that leads to an unofficial IRS- lookalike website that claims to help people register.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#according
10 days ago
LegalZoom.com (NASDAQ:LZ) had one of the roughest weeks in its history, and it happened almost right on top of a product launch. On August 4, the company announced a new agent integrated into Microsoft 365 Copilot, putting business formation, compliance filings, and attorney consultations directly inside the productivity tool millions of small businesses already use. Two days later, on August 6, the stock dropped 30% after second-quarter earnings revealed a guidance cut. Investors now have to decide which story matters more.
The Copilot integration is a meaningful distribution move. Instead of asking small business owners to leave their workflow and visit LegalZoom's site, the new agent lets Microsoft 365 Copilot users compare business structures like LLCs, corporations, nonprofits, and DBAs right where they are already working. A founder can ask Copilot how to start a business, get walked through a formation checklist covering state, name, and ownership, and see LLC packages with pricing, all backed by LegalZoom's 100% accuracy filing guarantee. The same agent connects users to attorneys in LegalZoom's network for consultations on contracts, intellectual property, and employment matters, complete with attorney bios and available appointment times for either async chat or scheduled calls. LegalZoom even generates an AI-powered briefing document so attorneys walk into each consultation with context on the client already in hand.
That product push lands on top of a subscription business that has actually been performing. Subscription revenue rose 11% in the second quarter, marking five consecutive quarters of double-digit growth in that category, the part of the business LegalZoom is leaning into most. Total revenue came in at $205.3 million, up 7% year over year and roughly in line with what ******* ysts expected. For investors willing to look past this week's news, the forward price-to-earnings ratio of 6.22 is strikingly cheap for a company still growing its highest-margin revenue line by double digits.
The reason the stock fell 30% is that the good subscription numbers came wrapped in bad news elsewhere. Management said abrupt changes to Google's search algorithm hurt the company's traffic from the world's largest search engine, a serious problem for a business that depends heavily on customers finding it online. In response, LegalZoom cut its full-year 2026 revenue guidance to a range of $795 million to $805 million, down from a prior range of $810 million to $830 million. The company also trimmed the top end of its adjusted EBITDA guidance to $195 million, down from a previous ceiling of $200 million. Adjusted net income, which excludes certain accounting items, actually fell 3% to $27.4 million, or $0.16 per share, even as revenue grew. Management is now taking what it calls a more cautious approach to customer acquisition while it works to offset the search disruption with subscription and specialized product growth, a pivot that will ta
The Copilot integration is a meaningful distribution move. Instead of asking small business owners to leave their workflow and visit LegalZoom's site, the new agent lets Microsoft 365 Copilot users compare business structures like LLCs, corporations, nonprofits, and DBAs right where they are already working. A founder can ask Copilot how to start a business, get walked through a formation checklist covering state, name, and ownership, and see LLC packages with pricing, all backed by LegalZoom's 100% accuracy filing guarantee. The same agent connects users to attorneys in LegalZoom's network for consultations on contracts, intellectual property, and employment matters, complete with attorney bios and available appointment times for either async chat or scheduled calls. LegalZoom even generates an AI-powered briefing document so attorneys walk into each consultation with context on the client already in hand.
That product push lands on top of a subscription business that has actually been performing. Subscription revenue rose 11% in the second quarter, marking five consecutive quarters of double-digit growth in that category, the part of the business LegalZoom is leaning into most. Total revenue came in at $205.3 million, up 7% year over year and roughly in line with what ******* ysts expected. For investors willing to look past this week's news, the forward price-to-earnings ratio of 6.22 is strikingly cheap for a company still growing its highest-margin revenue line by double digits.
The reason the stock fell 30% is that the good subscription numbers came wrapped in bad news elsewhere. Management said abrupt changes to Google's search algorithm hurt the company's traffic from the world's largest search engine, a serious problem for a business that depends heavily on customers finding it online. In response, LegalZoom cut its full-year 2026 revenue guidance to a range of $795 million to $805 million, down from a prior range of $810 million to $830 million. The company also trimmed the top end of its adjusted EBITDA guidance to $195 million, down from a previous ceiling of $200 million. Adjusted net income, which excludes certain accounting items, actually fell 3% to $27.4 million, or $0.16 per share, even as revenue grew. Management is now taking what it calls a more cautious approach to customer acquisition while it works to offset the search disruption with subscription and specialized product growth, a pivot that will ta
11 days ago
ServiceNow (NYSE:NOW) has quietly built one of the fastest-growing cybersecurity businesses in the industry, and on August 4, it made that ambition explicit. The company rolled out six new Autonomous Security solutions built to catch and fix threats before they turn into breaches, tied together under what it calls Shift Zero. The timing lines up with a security unit that is already outgrowing dedicated cybersecurity vendors, and the announcement explains why.
ServiceNow's security and risk franchise crossed $1 billion in annual contract value, backed by Q2 2026 subscription revenues of $3.88 billion (up 23% year-over-year in constant currency) and a remaining performance obligation base of $29 billion. CEO Bill McDermott notes it is growing faster than top standalone cybersecurity peers, aided by a 98% renewal rate. Those products were included in 16 of the company's top 20 deals, and cyber solutions appeared in 80% of its largest contracts overall. McDermott put it plainly: "we're in the party now."
The new release leans into that position. The average enterprise runs more than 70 separate security tools, and ServiceNow is trying to fold that sprawl into a single, governed system spanning exposure management, identity, cyber-physical ******* ets, incident response, and compliance. Acquired technology does the heavy lifting: Armis brings real-time visibility across billions of connected devices, and Veza's Access Graph maps permissions across human, machine, and AI identities. Where a detection-focused vendor can flag a threat, ServiceNow's configuration database can trace which system, owner, and workflow the fix actually touches.
The stock's recent bounce hides how much ground it still has to make up. Shares remained down 41% over the trailing 12 months even after jumping as much as 13.8% in the week of July 31, when ServiceNow beat guidance and raised its full-year subscription revenue outlook to $15.76 billion. That kind of gap between a strong quarter and a still-depressed share price points to a deeper worry: if AI agents can run enterprise workflows on their own, investors question how much terminal value an expensive workflow software stock deserves, no matter how good the next print looks.
The Autonomous Security rollout does not fully answer that worry yet, because it is not finished. Several of the pieces ServiceNow is counting on to make the "most complete" claim stick, including the Tier 2 SOC AI Specialist, the Vulnerability Resolution AI Specialist, continuous control monitoring, and cryptographic ******* et compliance, are not scheduled to ship until December this year. Until then, the platform's promise of governing every ******* et, identity, and agent in one motion rests partly on capabilities customers cannot yet test, leaving a gap between what ServiceNow announced and what it can currently prove in production.
#servicenow
ServiceNow's security and risk franchise crossed $1 billion in annual contract value, backed by Q2 2026 subscription revenues of $3.88 billion (up 23% year-over-year in constant currency) and a remaining performance obligation base of $29 billion. CEO Bill McDermott notes it is growing faster than top standalone cybersecurity peers, aided by a 98% renewal rate. Those products were included in 16 of the company's top 20 deals, and cyber solutions appeared in 80% of its largest contracts overall. McDermott put it plainly: "we're in the party now."
The new release leans into that position. The average enterprise runs more than 70 separate security tools, and ServiceNow is trying to fold that sprawl into a single, governed system spanning exposure management, identity, cyber-physical ******* ets, incident response, and compliance. Acquired technology does the heavy lifting: Armis brings real-time visibility across billions of connected devices, and Veza's Access Graph maps permissions across human, machine, and AI identities. Where a detection-focused vendor can flag a threat, ServiceNow's configuration database can trace which system, owner, and workflow the fix actually touches.
The stock's recent bounce hides how much ground it still has to make up. Shares remained down 41% over the trailing 12 months even after jumping as much as 13.8% in the week of July 31, when ServiceNow beat guidance and raised its full-year subscription revenue outlook to $15.76 billion. That kind of gap between a strong quarter and a still-depressed share price points to a deeper worry: if AI agents can run enterprise workflows on their own, investors question how much terminal value an expensive workflow software stock deserves, no matter how good the next print looks.
The Autonomous Security rollout does not fully answer that worry yet, because it is not finished. Several of the pieces ServiceNow is counting on to make the "most complete" claim stick, including the Tier 2 SOC AI Specialist, the Vulnerability Resolution AI Specialist, continuous control monitoring, and cryptographic ******* et compliance, are not scheduled to ship until December this year. Until then, the platform's promise of governing every ******* et, identity, and agent in one motion rests partly on capabilities customers cannot yet test, leaving a gap between what ServiceNow announced and what it can currently prove in production.
#servicenow
11 days ago
Interested in Workiva Inc.? Here are five stocks we like better.
Strong Q2 performance: Workiva reported revenue of $255 million, up 19% year over year and above guidance, while non-GAAP operating margin reached 16.8%. The company raised full-year margin guidance to approximately 18%, achieving its 2027 target a year early.
Healthy customer and platform momentum: Customers grew to 6,750, gross retention reached 97% and net retention remained above the 110% target. Larger contracts and multi-solution adoption increased, supported by demand for reporting, compliance, sustainability and AI-governance tools.
Outlook raised: Workiva projects full-year revenue of $1.040 billion to $1.044 billion, subscription growth of about 19% and free-cash-flow margin of approximately 21%. The company repurchased $123 million of shares in Q2, with $106 million remaining under its authorization.
Workiva (NYSE:WK) reported second-quarter 2026 revenue of $255 million, up 19% from a year earlier and $3 million above the high end of its guidance range, as subscription growth and operational efficiency supported higher profitability.
#revenue #Margin #company
Strong Q2 performance: Workiva reported revenue of $255 million, up 19% year over year and above guidance, while non-GAAP operating margin reached 16.8%. The company raised full-year margin guidance to approximately 18%, achieving its 2027 target a year early.
Healthy customer and platform momentum: Customers grew to 6,750, gross retention reached 97% and net retention remained above the 110% target. Larger contracts and multi-solution adoption increased, supported by demand for reporting, compliance, sustainability and AI-governance tools.
Outlook raised: Workiva projects full-year revenue of $1.040 billion to $1.044 billion, subscription growth of about 19% and free-cash-flow margin of approximately 21%. The company repurchased $123 million of shares in Q2, with $106 million remaining under its authorization.
Workiva (NYSE:WK) reported second-quarter 2026 revenue of $255 million, up 19% from a year earlier and $3 million above the high end of its guidance range, as subscription growth and operational efficiency supported higher profitability.
#revenue #Margin #company
11 days ago
On August 7, Google Cloud switched on Google Security Operations in its new Taiwan Region, giving local banks, hospitals and chipmakers an AI-powered defense platform they can run without sending sensitive data offshore. It's a small announcement next to Alphabet's (NASDAQ:GOOGL) roughly $4.6 trillion market value, but it captures why investors are paying attention. Alphabet keeps turning AI into products regulated industries will pay to run on their own terms, and that pattern shows up across the business.
The Taiwan launch fits a broader push. Google Cloud revenue jumped 82% to $24.8 billion last quarter, and the segment's operating margin climbed from 20.7% to 35.6% over the same stretch, proof that scale is finally showing up in profit, not just growth. Part of that strength comes from a business model that doesn't depend on who wins the AI race. Anthropic pays Google Cloud for computing power even while competing against Alphabet's own models, and that kind of recurring usage revenue keeps flowing regardless of which lab's chatbot wins.
Alphabet is also pushing further into chips. The company recently began selling its custom Tensor Processing Units directly to outside customers for use in external data centers, a direct challenge to Nvidia's grip on the roughly $300 billion AI accelerator market. D.A. Davidson's Gil Luria has floated Alphabet capturing 20% of AI infrastructure spending, which would value the chip business near $900 billion, while Morgan Stanley expects custom silicon to reach 24% of accelerator sales by 2030, up from 15% today. The Taiwan security launch shows that same platform reach extending into compliance-heavy sectors like finance and healthcare, widening the base of customers Alphabet can sell to.
None of this comes cheap. Alphabet raised its 2026 capital expenditure guidance to a range of $195 billion to $205 billion, and quarterly capex has climbed for five straight quarters, doubling year-over-year to $44.9 billion last quarter. That spending eventually shows up as depreciation, a charge that grows every year and has to be outrun by profit growth.
The headline numbers also need a closer look. Net income nearly quadrupled to $112.1 billion last quarter, but $6.26 of the $9.11 in EPS came from a $99 billion gain on equity securities that is mostly unrealized. Strip that out and underlying earnings were closer to $2.85 per share, which puts the stock nearer 28x forward earnings than the 19x headline multiple suggests. On the chip side, Nvidia's CUDA software remains a deep moat, since switching a team's pipelines off it is expensive, and TPUs are built for narrower workloads than general-purpose GPUs.
#Google
The Taiwan launch fits a broader push. Google Cloud revenue jumped 82% to $24.8 billion last quarter, and the segment's operating margin climbed from 20.7% to 35.6% over the same stretch, proof that scale is finally showing up in profit, not just growth. Part of that strength comes from a business model that doesn't depend on who wins the AI race. Anthropic pays Google Cloud for computing power even while competing against Alphabet's own models, and that kind of recurring usage revenue keeps flowing regardless of which lab's chatbot wins.
Alphabet is also pushing further into chips. The company recently began selling its custom Tensor Processing Units directly to outside customers for use in external data centers, a direct challenge to Nvidia's grip on the roughly $300 billion AI accelerator market. D.A. Davidson's Gil Luria has floated Alphabet capturing 20% of AI infrastructure spending, which would value the chip business near $900 billion, while Morgan Stanley expects custom silicon to reach 24% of accelerator sales by 2030, up from 15% today. The Taiwan security launch shows that same platform reach extending into compliance-heavy sectors like finance and healthcare, widening the base of customers Alphabet can sell to.
None of this comes cheap. Alphabet raised its 2026 capital expenditure guidance to a range of $195 billion to $205 billion, and quarterly capex has climbed for five straight quarters, doubling year-over-year to $44.9 billion last quarter. That spending eventually shows up as depreciation, a charge that grows every year and has to be outrun by profit growth.
The headline numbers also need a closer look. Net income nearly quadrupled to $112.1 billion last quarter, but $6.26 of the $9.11 in EPS came from a $99 billion gain on equity securities that is mostly unrealized. Strip that out and underlying earnings were closer to $2.85 per share, which puts the stock nearer 28x forward earnings than the 19x headline multiple suggests. On the chip side, Nvidia's CUDA software remains a deep moat, since switching a team's pipelines off it is expensive, and TPUs are built for narrower workloads than general-purpose GPUs.
12 days ago
LegalZoom.com (NASDAQ:LZ) had one of the roughest weeks in its history, and it happened almost right on top of a product launch. On August 4, the company announced a new agent integrated into Microsoft 365 Copilot, putting business formation, compliance filings, and attorney consultations directly inside the productivity tool millions of small businesses already use. Two days later, on August 6, the stock dropped 30% after second-quarter earnings revealed a guidance cut. Investors now have to decide which story matters more.
The Copilot integration is a meaningful distribution move. Instead of asking small business owners to leave their workflow and visit LegalZoom's site, the new agent lets Microsoft 365 Copilot users compare business structures like LLCs, corporations, nonprofits, and DBAs right where they are already working. A founder can ask Copilot how to start a business, get walked through a formation checklist covering state, name, and ownership, and see LLC packages with pricing, all backed by LegalZoom's 100% accuracy filing guarantee. The same agent connects users to attorneys in LegalZoom's network for consultations on contracts, intellectual property, and employment matters, complete with attorney bios and available appointment times for either async chat or scheduled calls. LegalZoom even generates an AI-powered briefing document so attorneys walk into each consultation with context on the client already in hand.
That product push lands on top of a subscription business that has actually been performing. Subscription revenue rose 11% in the second quarter, marking five consecutive quarters of double-digit growth in that category, the part of the business LegalZoom is leaning into most. Total revenue came in at $205.3 million, up 7% year over year and roughly in line with what **** ysts expected. For investors willing to look past this week's news, the forward price-to-earnings ratio of 6.22 is strikingly cheap for a company still growing its highest-margin revenue line by double digits.
The reason the stock fell 30% is that the good subscription numbers came wrapped in bad news elsewhere. Management said abrupt changes to Google's search algorithm hurt the company's traffic from the world's largest search engine, a serious problem for a business that depends heavily on customers finding it online. In response, LegalZoom cut its full-year 2026 revenue guidance to a range of $795 million to $805 million, down from a prior range of $810 million to $830 million. The company also trimmed the top end of its adjusted EBITDA guidance to $195 million, down from a previous ceiling of $200 million. Adjusted net income, which excludes certain accounting items, actually fell 3% to $27.4 million, or $0.16 per share, even as revenue grew. Management is now taking what it calls a more cautious approach to customer acquisition while it works to offset the search disruption with subscription and specialized product growth, a pivot that will take
The Copilot integration is a meaningful distribution move. Instead of asking small business owners to leave their workflow and visit LegalZoom's site, the new agent lets Microsoft 365 Copilot users compare business structures like LLCs, corporations, nonprofits, and DBAs right where they are already working. A founder can ask Copilot how to start a business, get walked through a formation checklist covering state, name, and ownership, and see LLC packages with pricing, all backed by LegalZoom's 100% accuracy filing guarantee. The same agent connects users to attorneys in LegalZoom's network for consultations on contracts, intellectual property, and employment matters, complete with attorney bios and available appointment times for either async chat or scheduled calls. LegalZoom even generates an AI-powered briefing document so attorneys walk into each consultation with context on the client already in hand.
That product push lands on top of a subscription business that has actually been performing. Subscription revenue rose 11% in the second quarter, marking five consecutive quarters of double-digit growth in that category, the part of the business LegalZoom is leaning into most. Total revenue came in at $205.3 million, up 7% year over year and roughly in line with what **** ysts expected. For investors willing to look past this week's news, the forward price-to-earnings ratio of 6.22 is strikingly cheap for a company still growing its highest-margin revenue line by double digits.
The reason the stock fell 30% is that the good subscription numbers came wrapped in bad news elsewhere. Management said abrupt changes to Google's search algorithm hurt the company's traffic from the world's largest search engine, a serious problem for a business that depends heavily on customers finding it online. In response, LegalZoom cut its full-year 2026 revenue guidance to a range of $795 million to $805 million, down from a prior range of $810 million to $830 million. The company also trimmed the top end of its adjusted EBITDA guidance to $195 million, down from a previous ceiling of $200 million. Adjusted net income, which excludes certain accounting items, actually fell 3% to $27.4 million, or $0.16 per share, even as revenue grew. Management is now taking what it calls a more cautious approach to customer acquisition while it works to offset the search disruption with subscription and specialized product growth, a pivot that will take
14 days ago
Albin, Randall & Bennett (ARB), an accounting and business advisory practice based in the US, has promoted Matthew S. Marcoullier and Samantha J. Pedersen to the role of principal.
Together, Marcoullier and Pedersen have accumulated 35 years of service at the company.
Marcoullier joined ARB in 2013. He focuses on accounting, tax, consulting and advisory work for auto dealerships and commercial businesses across New England.
His work includes tax planning, addressing operational issues, organisational planning, compensation strategies and compliance.
Within ARB, Marcoullier oversees annual dealership last in, first out (LIFO) calculations and contributes to the development of training and technical resources that support the company's specialist knowledge.
#albin
Together, Marcoullier and Pedersen have accumulated 35 years of service at the company.
Marcoullier joined ARB in 2013. He focuses on accounting, tax, consulting and advisory work for auto dealerships and commercial businesses across New England.
His work includes tax planning, addressing operational issues, organisational planning, compensation strategies and compliance.
Within ARB, Marcoullier oversees annual dealership last in, first out (LIFO) calculations and contributes to the development of training and technical resources that support the company's specialist knowledge.
#albin
14 days ago
National League South club Ebbsfleet United have been suspended from competition due to unpaid debts and will not fulfil their first three fixtures of the new season.
The National League issued a statement after a Compliance and Licensing Committee meeting on Wednesday confirming the club were unable "to meet its financial obligations throughout the 2026-27 season".
"Following careful consideration, the Committee has taken the decision under applicable regulations to suspend Ebbsfleet United FC, with a review to be undertaken by the Committee on 19 August," the League said.
"As a result of suspension, at this time, the club will not be able to fulfil the opening three fixtures of the coming season."
It means their trip to Slough Town on Saturday, Folkestone Invicta's visit to the Kuflink Stadium on 15 August and their match away at Chelmsford City two days later on 17 August will all be rescheduled.
#august #national #fulfil
The National League issued a statement after a Compliance and Licensing Committee meeting on Wednesday confirming the club were unable "to meet its financial obligations throughout the 2026-27 season".
"Following careful consideration, the Committee has taken the decision under applicable regulations to suspend Ebbsfleet United FC, with a review to be undertaken by the Committee on 19 August," the League said.
"As a result of suspension, at this time, the club will not be able to fulfil the opening three fixtures of the coming season."
It means their trip to Slough Town on Saturday, Folkestone Invicta's visit to the Kuflink Stadium on 15 August and their match away at Chelmsford City two days later on 17 August will all be rescheduled.
#august #national #fulfil
14 days ago
Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Health Care Fund". A copy of the letter is available to download here. The Fund gained 11.99% during the quarter, compared with the 10.48% gain for the Russell 3000 Health Care Index and the 15.44% gain for the Russell 3000 Index. Since inception, the Fund appreciated 10.61% on an annualized basis, compared with 10.02% for the Benchmark and 14.83% for the Index. Strong stock selection in pharmaceuticals, biotechnology, health care equipment, and life sciences tools and services supported the Fund's outperformance, although limited exposure to managed care stocks reduced relative returns. The Fund remains positive on health care due to improving biotechnology funding, strong acquisition activity, recovering managed care margins, and growth from an aging population, chronic disease, medical innovation, and higher health care spending. In addition, please check the Fund's top five holdings to know the best picks in 2026.
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted Gilead Sciences, Inc. (NASDAQ:GILD). Gilead Sciences, Inc. (NASDAQ:GILD), a biopharmaceutical company that discovers, develops, and commercializes medicines for unmet medical needs, detracted from the fund's performance during the quarter. On August 03, 2026, Gilead Sciences, Inc. (NASDAQ:GILD) closed at $131.15 per share. The one-month return of Gilead Sciences, Inc. (NASDAQ:GILD) was -3.82%, and its shares gained 16.62% over the past 52 weeks. Gilead Sciences, Inc. (NASDAQ:GILD) has a market capitalization of $162.83 billion.
Baron Health Care Fund stated the following regarding Gilead Sciences, Inc. (NASDAQ:GILD) in its Q2 2026 investor letter:
"Biotechnology company Gilead Sciences, Inc. (NASDAQ:GILD) is best known for developing and commercializing therapies that treat and prevent HIV. Following a strong first-quarter advance driven by continued enthusiasm surrounding the launch of Yeztugo for HIV prevention, the stock detracted from performance in the second quarter. Shares pulled back after management issued conservative 2026 guidance in February, including expectations for approximately $800 million of Yeztugo sales, below investor expectations. Despite the more cautious outlook, we remain confident in Yeztugo's long-term opportunity. Unlike Descovy, a daily oral preventive treatment, Yeztugo is a twice-yearly injectable therapy that has the potential to significantly improve patient compliance. Looking ahead, we continue to view Gilead as a leader in HIV treatment and prevention, with Yeztugo representing an important new preventive option and a promising next-generation pipeline that includes a weekly oral lenacapavir and islatravir combination being developed with Merck & Co., Inc., as well as a wholly-owned weekly regimen incorporating a novel integrase inhibitor designed to offer a higher barrier to resistance."
#sciences #gild #Health
In its second-quarter 2026 investor letter, Baron Health Care Fund highlighted Gilead Sciences, Inc. (NASDAQ:GILD). Gilead Sciences, Inc. (NASDAQ:GILD), a biopharmaceutical company that discovers, develops, and commercializes medicines for unmet medical needs, detracted from the fund's performance during the quarter. On August 03, 2026, Gilead Sciences, Inc. (NASDAQ:GILD) closed at $131.15 per share. The one-month return of Gilead Sciences, Inc. (NASDAQ:GILD) was -3.82%, and its shares gained 16.62% over the past 52 weeks. Gilead Sciences, Inc. (NASDAQ:GILD) has a market capitalization of $162.83 billion.
Baron Health Care Fund stated the following regarding Gilead Sciences, Inc. (NASDAQ:GILD) in its Q2 2026 investor letter:
"Biotechnology company Gilead Sciences, Inc. (NASDAQ:GILD) is best known for developing and commercializing therapies that treat and prevent HIV. Following a strong first-quarter advance driven by continued enthusiasm surrounding the launch of Yeztugo for HIV prevention, the stock detracted from performance in the second quarter. Shares pulled back after management issued conservative 2026 guidance in February, including expectations for approximately $800 million of Yeztugo sales, below investor expectations. Despite the more cautious outlook, we remain confident in Yeztugo's long-term opportunity. Unlike Descovy, a daily oral preventive treatment, Yeztugo is a twice-yearly injectable therapy that has the potential to significantly improve patient compliance. Looking ahead, we continue to view Gilead as a leader in HIV treatment and prevention, with Yeztugo representing an important new preventive option and a promising next-generation pipeline that includes a weekly oral lenacapavir and islatravir combination being developed with Merck & Co., Inc., as well as a wholly-owned weekly regimen incorporating a novel integrase inhibitor designed to offer a higher barrier to resistance."
#sciences #gild #Health
15 days ago
Florida State head coach Mike Norvell confirmed that the Seminoles have had discussions with former players after a recent ruling granted a fifth year of eligibility to athletes who graduated high school in 2022.
"We've talked to compliance. We've had some former players that we have communicated with, or they reached out, to get a sense of what it might look like," he said during a press conference on Tuesday. "So, we're just going to work through the process there. I know that it is definitely a unique dynamic."
While the ruling is a blanket one to all athletes who began their collegiate careers in the 2022-23 season, there are a few exceptions and limitations involved with it. The ruling does not include football players who signed professional contracts, and it prohibits the newly eligible players from entering the transfer portal unless they had already entered the portal this offseason.
Former Florida State quarterback Tommy Castellanos, who only received a couple of rookie minicamp invites as a wide receiver rather than signing with a team as an undrafted free agent, has reportedly explored the idea of a comeback — either as a quarterback or as an "athlete."
Linebacker Elijah Herring is the only other player eligible to return to the Seminoles under the current ruling, as defensive back Jerry Wilson and wide receiver Squirrel White signed contracts as undrafted players, with White having also retired from football in May.
#Florida #state #we 've
"We've talked to compliance. We've had some former players that we have communicated with, or they reached out, to get a sense of what it might look like," he said during a press conference on Tuesday. "So, we're just going to work through the process there. I know that it is definitely a unique dynamic."
While the ruling is a blanket one to all athletes who began their collegiate careers in the 2022-23 season, there are a few exceptions and limitations involved with it. The ruling does not include football players who signed professional contracts, and it prohibits the newly eligible players from entering the transfer portal unless they had already entered the portal this offseason.
Former Florida State quarterback Tommy Castellanos, who only received a couple of rookie minicamp invites as a wide receiver rather than signing with a team as an undrafted free agent, has reportedly explored the idea of a comeback — either as a quarterback or as an "athlete."
Linebacker Elijah Herring is the only other player eligible to return to the Seminoles under the current ruling, as defensive back Jerry Wilson and wide receiver Squirrel White signed contracts as undrafted players, with White having also retired from football in May.
#Florida #state #we 've
16 days ago
Riders at the Tour de France Femmes were subject to extra clothing checks before Tuesday's stage following claims some could be using extra padding in their bras to seek an aerodynamic advantage.
A communique from race organizers confirmed the checks after Dutch outlet Wielerflits reported some teams had raised concerns that padded bras could smooth the airflow around the body for the stage four time trial.
"Riders must be to the final checks before the race (bikes and outfit) no later than 10 minutes before their respective start time," the communique said.
"Particular attention will be paid to compliance with article 1.3.032 of the UCI regulations, including non-essential elements and clothing or other items/accessories worn by a rider (including but not limited to helmets, glasses, shoes or in-race communication devices) which could modify riders' morphology."
The UCI defines non-essential elements as "any element which does not have a purpose which is exclusively of clothing or protection, or which is not strictly necessary for the functionality of the clothing, or other item, or accessory".
#clothing
A communique from race organizers confirmed the checks after Dutch outlet Wielerflits reported some teams had raised concerns that padded bras could smooth the airflow around the body for the stage four time trial.
"Riders must be to the final checks before the race (bikes and outfit) no later than 10 minutes before their respective start time," the communique said.
"Particular attention will be paid to compliance with article 1.3.032 of the UCI regulations, including non-essential elements and clothing or other items/accessories worn by a rider (including but not limited to helmets, glasses, shoes or in-race communication devices) which could modify riders' morphology."
The UCI defines non-essential elements as "any element which does not have a purpose which is exclusively of clothing or protection, or which is not strictly necessary for the functionality of the clothing, or other item, or accessory".
#clothing
17 days ago
Lee el articulo en español.
Peru has temporarily suspended the operations of sightseeing airline Aerodiana after one of its planes crashed in the country's Ica region on Saturday, killing 11 European tourists and two crew members.
Aerodiana, which flies customers over the Nazca Lines archaeological site in southern Peru, must suspend all operations "until investigations are completed to verify the company's compliance with the applicable aviation regulations, procedures and operating requirements," Peru's Ministry of Transportation and Communications said Sunday.
CNN has reached out to Aerodiana for comment.
The Peruvian government earlier said that the crew of the small sightseeing plane had reported a mechanical problem before radio contact was lost.
#operations #saturday
Peru has temporarily suspended the operations of sightseeing airline Aerodiana after one of its planes crashed in the country's Ica region on Saturday, killing 11 European tourists and two crew members.
Aerodiana, which flies customers over the Nazca Lines archaeological site in southern Peru, must suspend all operations "until investigations are completed to verify the company's compliance with the applicable aviation regulations, procedures and operating requirements," Peru's Ministry of Transportation and Communications said Sunday.
CNN has reached out to Aerodiana for comment.
The Peruvian government earlier said that the crew of the small sightseeing plane had reported a mechanical problem before radio contact was lost.
#operations #saturday
18 days ago
A finance employee at the global design firm Arup transferred $25.6 million in a deepfake fraud after joining a video call with synthetic versions of senior executives. The faces looked real. The voices sounded real. The instructions were false.
That was not an isolated warning. Starbucks quietly retired an AI inventory system only nine months after deployment after baristas reported that it miscounted products and slowed their work. Deloitte's Australian member firm agreed to partially refund the government for a $290,000 AI-assisted report that included nonexistent academic sources and a fabricated court quotation. Different industries. Different technologies. The same failure: people could not trust the output, the identity, or the system.
Trust is becoming a form of economic infrastructure. Companies that cannot engineer it will move slower, spend more, and lose markets. When trust is strong, capital moves, partnerships form, and companies scale. When it breaks, transactions slow, compliance and insurance costs rise, and leaders retreat from risk.
Trust is not blind faith. It is earned confidence that facts are real, identities are authentic, systems are secure, contracts will be honored, and someone will be accountable when things go wrong. In business terms, trust reduces friction. In strategic terms, it creates speed.
As America marks its 250th anniversary, we should remember that trust was not a side note to the founding. It was the bet. In my first three essays in this Freedom & Enterprise series, I described the Declaration of Independence as America's first founding bet, the system it created as one that let people build free, and the freedom to fail as one of our greatest competitive advantages. Beneath all three is a more fundamental principle: America trusted free people to govern themselves, take risks, honor commitments, and build institutions strong enough to survive disagreement.
#trust #different #America #freedom
That was not an isolated warning. Starbucks quietly retired an AI inventory system only nine months after deployment after baristas reported that it miscounted products and slowed their work. Deloitte's Australian member firm agreed to partially refund the government for a $290,000 AI-assisted report that included nonexistent academic sources and a fabricated court quotation. Different industries. Different technologies. The same failure: people could not trust the output, the identity, or the system.
Trust is becoming a form of economic infrastructure. Companies that cannot engineer it will move slower, spend more, and lose markets. When trust is strong, capital moves, partnerships form, and companies scale. When it breaks, transactions slow, compliance and insurance costs rise, and leaders retreat from risk.
Trust is not blind faith. It is earned confidence that facts are real, identities are authentic, systems are secure, contracts will be honored, and someone will be accountable when things go wrong. In business terms, trust reduces friction. In strategic terms, it creates speed.
As America marks its 250th anniversary, we should remember that trust was not a side note to the founding. It was the bet. In my first three essays in this Freedom & Enterprise series, I described the Declaration of Independence as America's first founding bet, the system it created as one that let people build free, and the freedom to fail as one of our greatest competitive advantages. Beneath all three is a more fundamental principle: America trusted free people to govern themselves, take risks, honor commitments, and build institutions strong enough to survive disagreement.
#trust #different #America #freedom
18 days ago
I'm not going to lie, I'm pretty addicted to collecting passive dividend income. While I love working, nothing beats getting paid for work someone else did. With a yield of more than 10%, few passive-income investments pay as well as Ares Capital (NASDAQ: ARCC) -- it's almost 10 times higher than the S&P 500's current yield of 1.1%.
That monster yield is why I just bought even more shares of this business development company (BDC).
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 »
A dividend yield of 10% or more is usually a major red flag. However, that's not the case with Ares Capital. For starters, it's a BDC, which must distribute at least 90% of its taxable net income to shareholders in dividends to remain in compliance with IRS regulations. Given that payout requirement, it's going to have a high yield.
Further, where Ares Capital shines is in its ability to sustain and grow its dividend. It has maintained or raised its payout for 17 consecutive years. That's impressive for a BDC, as most of its peers have had at least one dividend reduction during that time frame. This durability is a testament to the company's strong underwriting, as its ******* ulative investments of more than $73 billion have a net realized loss of less than 0% since inception. That's a far better loss ratio than other BDCs (-1.1%) and even banks (-0.6%). By minimizing losses, Ares Capital has a long history of generating earnings that more than covered its dividend.
#capital #flashing #going
That monster yield is why I just bought even more shares of this business development company (BDC).
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 »
A dividend yield of 10% or more is usually a major red flag. However, that's not the case with Ares Capital. For starters, it's a BDC, which must distribute at least 90% of its taxable net income to shareholders in dividends to remain in compliance with IRS regulations. Given that payout requirement, it's going to have a high yield.
Further, where Ares Capital shines is in its ability to sustain and grow its dividend. It has maintained or raised its payout for 17 consecutive years. That's impressive for a BDC, as most of its peers have had at least one dividend reduction during that time frame. This durability is a testament to the company's strong underwriting, as its ******* ulative investments of more than $73 billion have a net realized loss of less than 0% since inception. That's a far better loss ratio than other BDCs (-1.1%) and even banks (-0.6%). By minimizing losses, Ares Capital has a long history of generating earnings that more than covered its dividend.
#capital #flashing #going
19 days ago
Authorities searched actress Linda Blair's Southern California property as part of an investigation into a reported kennel operation
Los Angeles County officials say the inspection was conducted to evaluate the welfare of dogs housed on the property and ensure compliance with county codes
TMZ reported Blair was "extremely cooperative" during the inspection, and no dogs were removed from the property
Linda Blair's Southern California property was searched on Friday, July 31, as part of an active investigation into a reported kennel operation, according to Los Angeles County officials.
TMZ first reported the search.
#southern
Los Angeles County officials say the inspection was conducted to evaluate the welfare of dogs housed on the property and ensure compliance with county codes
TMZ reported Blair was "extremely cooperative" during the inspection, and no dogs were removed from the property
Linda Blair's Southern California property was searched on Friday, July 31, as part of an active investigation into a reported kennel operation, according to Los Angeles County officials.
TMZ first reported the search.
#southern
20 days ago
After signing defensive tackle Jalen Carter to a record-setting deal, Eagles G.M. Howie Roseman said he has no off-field concerns about the player.
Based on the contract details, the team has at least one.
Per a source with knowledge of the terms, Carter's contract contains an annual "weight bonus" in the amount of $250,000.
The weight limit, and the timing for compliance, aren't currently known. Carter is officially listed at 314 pounds. That was his weight at the 2023 Scouting Combine. (At his Pro Day the following month, he was nine pounds heavier.)
While $250,000 represents a relatively small piece of Carter's financial puzzle, the issue was significant enough for the Eagles to bargain for a specific incentive for Carter to keep his weight under a specific maximum.
#Eagles #contract #specific
Based on the contract details, the team has at least one.
Per a source with knowledge of the terms, Carter's contract contains an annual "weight bonus" in the amount of $250,000.
The weight limit, and the timing for compliance, aren't currently known. Carter is officially listed at 314 pounds. That was his weight at the 2023 Scouting Combine. (At his Pro Day the following month, he was nine pounds heavier.)
While $250,000 represents a relatively small piece of Carter's financial puzzle, the issue was significant enough for the Eagles to bargain for a specific incentive for Carter to keep his weight under a specific maximum.
#Eagles #contract #specific