15 hours ago
Every IPO arrives with a promise. The market's job is to decide whether that promise deserves a premium or a reality check. That was the story on July 30, when Jersey Mike's Subs (JMKE) made its long-awaited debut on the New York Stock Exchange. Backed by Blackstone (BX) and the Abu Dhabi Investment Authority, the sandwich chain came to Wall Street with plenty of excitement, pricing its IPO at $23 per share.
The offering raised roughly $913 million, valuing the company at about $7.3 billion, with proceeds earmarked primarily to reduce debt and support general corporate needs. But instead of taking a victory lap, the stock stumbled out of the gate. Shares opened at $21 and ended their first trading session down about 5.7%, a reminder that even the hottest IPOs don't always get an "instant" standing ovation.
CoreWeave Just Scored a Leidos Partnership. What That Means for CRWV Stock Here.
Palantir Is Set to Deliver Strong Q2. ******* ysts See 60% Upside Potential for PLTR Stock.
Earnings, PMI and Other Key Things to Watch this Week
#jmke #backed
The offering raised roughly $913 million, valuing the company at about $7.3 billion, with proceeds earmarked primarily to reduce debt and support general corporate needs. But instead of taking a victory lap, the stock stumbled out of the gate. Shares opened at $21 and ended their first trading session down about 5.7%, a reminder that even the hottest IPOs don't always get an "instant" standing ovation.
CoreWeave Just Scored a Leidos Partnership. What That Means for CRWV Stock Here.
Palantir Is Set to Deliver Strong Q2. ******* ysts See 60% Upside Potential for PLTR Stock.
Earnings, PMI and Other Key Things to Watch this Week
#jmke #backed
1 day ago
Fundsmith, an investment management firm based in London, has released its second-quarter 2026 investor letter for its "Fundsmith Equity Fund." A copy of the letter can be downloaded here. The Fund returned -2.9% in the first half of 2026, underperforming the MSCI World Index by 14.1 percentage points, driven by challenges from a momentum-driven market dominated by passive index funds and AI-related exuberance. The letter discusses the rise of passive investing, noting that index funds now resemble active funds, concentrating heavily in a few sectors and stocks. Due to increased market volatility and a 51% portfolio turnover in the first half of the year, the firm plans to adopt a more active approach, incorporating momentum while maintaining its core mantra: buy good companies, don't overpay, and do little. In addition, please check the Firm's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Fundsmith Equity Fund highlighted Mastercard Incorporated (NYSE:MA) as a newly added position. Mastercard Incorporated (NYSE:MA) is a leading global payment technology company that provides transaction processing and other payment-related products and services. On July 31, 2026, Mastercard Incorporated (NYSE:MA) closed at $573.10 per share, reflecting a market capitalization of $502.04 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 7.50%, while its shares gained 0.58% over the past 52 weeks.
Fundsmith Equity Fund stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"Mastercard Incorporated (NYSE:MA) – Mastercard operates a digital payment network connecting consumers, merchants, and banks worldwide. It benefits from a classic network effect: the more consumers use the card, the more merchants are forced to accept it, making it difficult for a new entrant to replicate. A new entrant would need to negotiate agreements and integrate its technology with the majority of global financial institutions. While digital payments feel ubiquitous in developed nations, roughly 1.4bn adults globally remain entirely unbanked. Future growth depends on bringing this unbanked population into the financial system, shifting remaining cash transactions to digital payments, and expanding into business-to business payments, a far bigger market than C2C or C2B payments. We now own both Visa and Mastercard in the portfolio as payments is one of the few sectors that we expect to grow no matter what happens with AI, and Mastercard and Visa are equally good businesses. This gives us a way to achieve >6% exposure to payments without excessive stock-specific risk or breaching UCITS concentration rules. Also, with 46% of all global transactions still done in cash and B2B payments 85% of the value of total global payments, there is plenty of room for two companies to grow and compound. ROIC: >75%, FCF yield: 4.5%."
#payments #letter #Equity #global
In its Q2 2026 investor letter, Fundsmith Equity Fund highlighted Mastercard Incorporated (NYSE:MA) as a newly added position. Mastercard Incorporated (NYSE:MA) is a leading global payment technology company that provides transaction processing and other payment-related products and services. On July 31, 2026, Mastercard Incorporated (NYSE:MA) closed at $573.10 per share, reflecting a market capitalization of $502.04 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 7.50%, while its shares gained 0.58% over the past 52 weeks.
Fundsmith Equity Fund stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"Mastercard Incorporated (NYSE:MA) – Mastercard operates a digital payment network connecting consumers, merchants, and banks worldwide. It benefits from a classic network effect: the more consumers use the card, the more merchants are forced to accept it, making it difficult for a new entrant to replicate. A new entrant would need to negotiate agreements and integrate its technology with the majority of global financial institutions. While digital payments feel ubiquitous in developed nations, roughly 1.4bn adults globally remain entirely unbanked. Future growth depends on bringing this unbanked population into the financial system, shifting remaining cash transactions to digital payments, and expanding into business-to business payments, a far bigger market than C2C or C2B payments. We now own both Visa and Mastercard in the portfolio as payments is one of the few sectors that we expect to grow no matter what happens with AI, and Mastercard and Visa are equally good businesses. This gives us a way to achieve >6% exposure to payments without excessive stock-specific risk or breaching UCITS concentration rules. Also, with 46% of all global transactions still done in cash and B2B payments 85% of the value of total global payments, there is plenty of room for two companies to grow and compound. ROIC: >75%, FCF yield: 4.5%."
#payments #letter #Equity #global
1 day ago
After an off day on Saturday, the Lions returned to the practice field Sunday for their first training camp session in front of fans. Despite a threatening forecast, the rain held off, allowing Detroit to put together a lengthy, fast-paced, and competitive practice in shells.
The defense set the tone on the final day before the pads come on, turning in one of its strongest practices of camp while several players continued making their case for larger roles and roster spots.
Below are my nine biggest standouts from the day. Keep in mind that the Lions held two individual competition periods, where I primarily observed the offensive and defensive line one-on-one pass-rush drills alongside Erik Schlitt. When necessary, I've also incorporated additional observations from Jeremy Reisman on the one-on-one coverage and seven-on-seven periods.
With Blake Miller limited to individual drills, Penei Sewell receiving periodic rest, and Christian Mahogany still working his way back up to speed with the second team, Sunday served as another reminder of just how important quality depth and versatility are along the offensive line.
Miles Frazier went from working almost exclusively at left guard early in camp to taking reps at left tackle, left guard, right guard, and right tackle during Sunday's practice. It was a nonstop exercise in recalibrating his footwork and technique, yet he rarely looked out of place. Frazier appeared promisingly comfortable at tackle, even rotating in with the first team at right tackle while Larry Borom handled the sixth offensive lineman role. He also turned in one of the more impressive performances during one-on-one pass rush drills going 7-1 in a team-high eight reps. On one red-zone rep, after taking second-team reps at right tackle, Frazier immediately rotated in with the third team at right guard and snow-plowed Aidan Keanaaina out of the gap. His endurance and stamina stood out throughout the afternoon while further reinforcing his value as a versatile reserve and likely the team's fourth tackle option.
#team #right #camp
The defense set the tone on the final day before the pads come on, turning in one of its strongest practices of camp while several players continued making their case for larger roles and roster spots.
Below are my nine biggest standouts from the day. Keep in mind that the Lions held two individual competition periods, where I primarily observed the offensive and defensive line one-on-one pass-rush drills alongside Erik Schlitt. When necessary, I've also incorporated additional observations from Jeremy Reisman on the one-on-one coverage and seven-on-seven periods.
With Blake Miller limited to individual drills, Penei Sewell receiving periodic rest, and Christian Mahogany still working his way back up to speed with the second team, Sunday served as another reminder of just how important quality depth and versatility are along the offensive line.
Miles Frazier went from working almost exclusively at left guard early in camp to taking reps at left tackle, left guard, right guard, and right tackle during Sunday's practice. It was a nonstop exercise in recalibrating his footwork and technique, yet he rarely looked out of place. Frazier appeared promisingly comfortable at tackle, even rotating in with the first team at right tackle while Larry Borom handled the sixth offensive lineman role. He also turned in one of the more impressive performances during one-on-one pass rush drills going 7-1 in a team-high eight reps. On one red-zone rep, after taking second-team reps at right tackle, Frazier immediately rotated in with the third team at right guard and snow-plowed Aidan Keanaaina out of the gap. His endurance and stamina stood out throughout the afternoon while further reinforcing his value as a versatile reserve and likely the team's fourth tackle option.
#team #right #camp
2 days ago
Markets enter an earnings-dominated week with a huge concentration of corporate results spanning technology, industrials, healthcare, consumer discretionary, and entertainment sectors.
This will provide a critical ******* sment of economic health and corporate fundamentals amid persistent uncertainty about technology sector valuations and AI infrastructure spending.
Apple Delivers Strong Free Cash Flow, But What is the Best AAPL Play?
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The earnings calendar features major reports from ******* eX (SPCX), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), Pfizer (PFE), McDonald's (MCD), Arista Networks (ANET), Caterpillar (CAT), Spotify (SPOT), Merck (MRK), SanDisk (SNDK), Uber Technology (UBER), AppLovin (APP), Shopify (SHOP), Disney (DIS), and Eli Lilly (LLY).
#earnings #corporate #delivers
This will provide a critical ******* sment of economic health and corporate fundamentals amid persistent uncertainty about technology sector valuations and AI infrastructure spending.
Apple Delivers Strong Free Cash Flow, But What is the Best AAPL Play?
Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!
The earnings calendar features major reports from ******* eX (SPCX), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), Pfizer (PFE), McDonald's (MCD), Arista Networks (ANET), Caterpillar (CAT), Spotify (SPOT), Merck (MRK), SanDisk (SNDK), Uber Technology (UBER), AppLovin (APP), Shopify (SHOP), Disney (DIS), and Eli Lilly (LLY).
#earnings #corporate #delivers
2 days ago
Admitted Idaho murderer Bryan Kohberger should get a new trial and face the death penalty, according to a digital forensics expert hired by the defense who says investigators missed ****** ing evidence against the 30-year-old former criminology PhD student — evidence he told Fox News Digital investigators never properly ****** yzed or incorporated into the prosecution's case.
Sy Ray is a former Arizona homicide investigator who is now an expert on digital forensics, geolocation and similar data. Kohberger's lawyers hired him as an expert witness for the defense before Kohberger pleaded guilty to avoid the death penalty for the home invasion murders of Kaylee Goncalves, 21, Madison Mogen, 21, Xana Kernodle, 20, and Ethan Chapin, also 20.
Kohberger, now serving four consecutive sentences of life in prison without parole, petitioned the court last week to withdraw his guilty plea and seek post-conviction relief, which could send the case to trial — and put the potential death penalty back in play.
Kohberger Defense Expert Wants His Lawyers Under Oath After Killer Cites Findings In Bid To Undo Guilty Plea
"Bring back the death penalty," Ray told journalist Brian Entin in a new podcast. "I am all for this."
#expert #digital #guilty
Sy Ray is a former Arizona homicide investigator who is now an expert on digital forensics, geolocation and similar data. Kohberger's lawyers hired him as an expert witness for the defense before Kohberger pleaded guilty to avoid the death penalty for the home invasion murders of Kaylee Goncalves, 21, Madison Mogen, 21, Xana Kernodle, 20, and Ethan Chapin, also 20.
Kohberger, now serving four consecutive sentences of life in prison without parole, petitioned the court last week to withdraw his guilty plea and seek post-conviction relief, which could send the case to trial — and put the potential death penalty back in play.
Kohberger Defense Expert Wants His Lawyers Under Oath After Killer Cites Findings In Bid To Undo Guilty Plea
"Bring back the death penalty," Ray told journalist Brian Entin in a new podcast. "I am all for this."
#expert #digital #guilty
3 days ago
The job market has been a tough sell for many Gen Z graduates, with tariffs, economic uncertainty, and artificial intelligence reshaping hiring plans across corporate America.
But according to Nvidia's CEO Jensen Huang, the next wave of six-figure opportunities won't be found in a Wall Street cubicle or Silicon Valley Slack channel. Instead, high-paying careers will partially come by picking up a wrench—literally.
As tech giants race to build sprawling data centers—totaling $7 trillion in global capital outlays by the end of the decade—Huang believes the world is on the cusp of what he calls the "largest infrastructure build-out in human history," which will create "a lot of jobs."
"It's wonderful that the jobs are related to tradecraft, and we're going to have plumbers and electricians and construction and steelworkers," he said in conversation with BlackRock CEO Larry Fink at the World Economic Forum in Davos, Switzerland, in January.
The hands-on skills needed to construct what he described as chip, computer, and AI factories are already facing shortages—even though many roles pay over $100,000 without requiring a college degree. One McKinsey report estimated that between 2023 and 2030, there will be a need for an additional 130,000 trained electricians—as well as 240,000 construction laborers and 150,000 construction supervisors—in the U.S. alone.
#huang #World #jensen
But according to Nvidia's CEO Jensen Huang, the next wave of six-figure opportunities won't be found in a Wall Street cubicle or Silicon Valley Slack channel. Instead, high-paying careers will partially come by picking up a wrench—literally.
As tech giants race to build sprawling data centers—totaling $7 trillion in global capital outlays by the end of the decade—Huang believes the world is on the cusp of what he calls the "largest infrastructure build-out in human history," which will create "a lot of jobs."
"It's wonderful that the jobs are related to tradecraft, and we're going to have plumbers and electricians and construction and steelworkers," he said in conversation with BlackRock CEO Larry Fink at the World Economic Forum in Davos, Switzerland, in January.
The hands-on skills needed to construct what he described as chip, computer, and AI factories are already facing shortages—even though many roles pay over $100,000 without requiring a college degree. One McKinsey report estimated that between 2023 and 2030, there will be a need for an additional 130,000 trained electricians—as well as 240,000 construction laborers and 150,000 construction supervisors—in the U.S. alone.
#huang #World #jensen
3 days ago
TLTW and LQDW generate over 12% annual distribution yields monthly by selling covered calls against iShares Treasury and investment-grade bond ETFs.
Treasury yields near 5% and elevated rate volatility produce richer option premiums, directly fueling these funds' double-digit monthly payouts.
HYGW posted the strongest 12-month total return of the three at about 6%, but faces the sharpest downside if recession-driven default rates rise.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and HYGW didn't make the cut. Grab the names FREE today.
Three little-known exchange-traded funds from BlackRock's iShares lineup distribute double-digit annual yields to shareholders monthly. The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW), the iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW), and the iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) pair familiar iShares bond funds with covered call overlays that convert option premiums into monthly cash.
#treasury #buywrite
Treasury yields near 5% and elevated rate volatility produce richer option premiums, directly fueling these funds' double-digit monthly payouts.
HYGW posted the strongest 12-month total return of the three at about 6%, but faces the sharpest downside if recession-driven default rates rise.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and HYGW didn't make the cut. Grab the names FREE today.
Three little-known exchange-traded funds from BlackRock's iShares lineup distribute double-digit annual yields to shareholders monthly. The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW), the iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW), and the iShares High Yield Corporate Bond BuyWrite Strategy ETF (BATS:HYGW) pair familiar iShares bond funds with covered call overlays that convert option premiums into monthly cash.
#treasury #buywrite
3 days ago
AMLP's C-corp structure forces the fund to pay corporate taxes on gains, and this erodes its advertised 7 to 8% yield before distributions ever reach investors.
Over ten years, MLPX returned 212% and ENFR returned 208% versus AMLP's 97%, thanks to RIC structures that avoid corporate tax entirely.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
If you own the Alerian MLP ETF (NYSEARCA:AMLP), you are paying both a fund manager and a corporate tax bill that the marketing materials rarely draw attention to. AMLP is structured as a C-corporation, which means the fund itself pays federal and state income tax on the gains inside your portfolio before you ever see them.
Start with the sticker fee. AMLP carries a 0.85% expense ratio, or about $85 per year on every $10,000 invested. Some third-party trackers cite an all-in figure closer to 1.01% once operating costs are folded in. Either way, it is expensive for what is essentially a rules-based basket of midstream pipeline partnerships.
#amlp #fund #gains #returned
Over ten years, MLPX returned 212% and ENFR returned 208% versus AMLP's 97%, thanks to RIC structures that avoid corporate tax entirely.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
If you own the Alerian MLP ETF (NYSEARCA:AMLP), you are paying both a fund manager and a corporate tax bill that the marketing materials rarely draw attention to. AMLP is structured as a C-corporation, which means the fund itself pays federal and state income tax on the gains inside your portfolio before you ever see them.
Start with the sticker fee. AMLP carries a 0.85% expense ratio, or about $85 per year on every $10,000 invested. Some third-party trackers cite an all-in figure closer to 1.01% once operating costs are folded in. Either way, it is expensive for what is essentially a rules-based basket of midstream pipeline partnerships.
#amlp #fund #gains #returned
4 days ago
Reddit, Inc. (NYSE:RDDT) may be willing to walk away from roughly $60 million a year to stop Google from turning its discussions into answers that users never leave Google to read. The companies are negotiating a renewal of their 2024 data-licensing agreement, and Reddit has discussed ending Google's access to its content for AI use, the Wall Street Journal reported on July 22. Reddit, Inc. (NYSE:RDDT) fell 8.7% after the report, its worst session since March, according to Barron's.
Google can find generic product descriptions and technical explanations all over the web. Reddit is useful because its users argue about whether a product is actually good, describe unusual problems and update old advice. Those conversations answer queries for which polished corporate pages are nearly useless. Reddit can reasonably demand more money or limits on how that material appears in Google's AI products.
brett-jordan-0FytazjHhxs-unsplash
Walking away would carry a cost beyond the licensing check. Alphabet Inc. (NASDAQ:GOOGL), through Google Search, also sends people to Reddit, where their visits can be turned into advertising revenue. If an AI answer already quotes the useful part of a discussion, however, that referral relationship becomes less valuable. Reddit is effectively being asked to keep supplying an input that may reduce the traffic Alphabet Inc. (NASDAQ:GOOGL) sends back.
The $60 million payment is not large enough to make the decision on its own. Reddit generated $663 million of revenue in the first quarter, of which $625 million came from advertising and $39 million from other sources, including data licensing. Google would lose a frequently updated source of human answers. Reddit would find out how many users seek it out and how many arrive only because Google placed a link in front of them.
#reddit #licensing #NASDAQ #googl
Google can find generic product descriptions and technical explanations all over the web. Reddit is useful because its users argue about whether a product is actually good, describe unusual problems and update old advice. Those conversations answer queries for which polished corporate pages are nearly useless. Reddit can reasonably demand more money or limits on how that material appears in Google's AI products.
brett-jordan-0FytazjHhxs-unsplash
Walking away would carry a cost beyond the licensing check. Alphabet Inc. (NASDAQ:GOOGL), through Google Search, also sends people to Reddit, where their visits can be turned into advertising revenue. If an AI answer already quotes the useful part of a discussion, however, that referral relationship becomes less valuable. Reddit is effectively being asked to keep supplying an input that may reduce the traffic Alphabet Inc. (NASDAQ:GOOGL) sends back.
The $60 million payment is not large enough to make the decision on its own. Reddit generated $663 million of revenue in the first quarter, of which $625 million came from advertising and $39 million from other sources, including data licensing. Google would lose a frequently updated source of human answers. Reddit would find out how many users seek it out and how many arrive only because Google placed a link in front of them.
#reddit #licensing #NASDAQ #googl
4 days ago
Arete Research, an independent research firm, has upgraded Texas Instruments Incorporated (NASDAQ:TXN) to Buy from Neutral and lifted its price target to $405 from $303. This 34% raise in the PT comes days after the company posted a strong quarter – a surprise from an ***** og cyclical sector. Texas Instruments' Q2 revenue reached $5.46 billion, up 23% year-over-year, beating the $5.24 billion consensus. The company's EPS rose 52% year-over-year, beating the $1.92 Street estimate with $2.14. The most crucial piece of information tucked away in the report is the twofold growth in data center income.
According to an Arete Research ***** yst, the surging AI demand is anticipated to cause three years of ***** og semiconductor shortages. The ***** yst believes that Texas Instruments is well-positioned with respect to capacity, which should yield significant market share gains during this cycle. Arete projects revenue of approximately $34 billion with earnings of $17 per share by fiscal 2028. These structural tailwinds, discussed by the ***** yst, align with the company's operational and financial performance. Let's break them down.
The AI buildout faces one severe bottleneck – power shortage. And power is exactly what Texas Instruments, nicknamed by the market as "boring ***** og," sells. Hyperscalers are shifting toward 800-volt DC architectures to support denser GPU clusters. As a result, the need for ***** og content per rack increases. Texas Instruments serves this critical conversion layer through high-voltage gallium-nitride (GaN) power devices, real-time motor control, and sensing technology. Additionally, the company's March collaboration with Nvidia on humanoid robotics expands this portfolio. These demands fuel the quarterly ***** og revenue, which rose 26% to $4.37 billion. Texas Instruments is not relying on an industrial market recovery but is working on strengthening its position as a significant supplier for technology's most capital-intensive infrastructure cycle.
A more durable driver stems from timing rather than the AI narrative. Texas Instruments is completing a six-year, roughly $24 billion fab expansion that constrained free cash flow. Spending is dropping significantly. The 2026 capex projected at $2 billion to $3 billion stands in contrast to the comparatively high $4.55 billion in 2025. The fabs are complete, and revenue is recovering now, allowing management to anticipate free cash flow per share exceeding $8 in 2026, compared to $3.23 in 2025. Cash generation is tripling alongside declining capital expenditure, altering the investment profile investors have avoided during the build.
#instruments #analog #Research #cash
According to an Arete Research ***** yst, the surging AI demand is anticipated to cause three years of ***** og semiconductor shortages. The ***** yst believes that Texas Instruments is well-positioned with respect to capacity, which should yield significant market share gains during this cycle. Arete projects revenue of approximately $34 billion with earnings of $17 per share by fiscal 2028. These structural tailwinds, discussed by the ***** yst, align with the company's operational and financial performance. Let's break them down.
The AI buildout faces one severe bottleneck – power shortage. And power is exactly what Texas Instruments, nicknamed by the market as "boring ***** og," sells. Hyperscalers are shifting toward 800-volt DC architectures to support denser GPU clusters. As a result, the need for ***** og content per rack increases. Texas Instruments serves this critical conversion layer through high-voltage gallium-nitride (GaN) power devices, real-time motor control, and sensing technology. Additionally, the company's March collaboration with Nvidia on humanoid robotics expands this portfolio. These demands fuel the quarterly ***** og revenue, which rose 26% to $4.37 billion. Texas Instruments is not relying on an industrial market recovery but is working on strengthening its position as a significant supplier for technology's most capital-intensive infrastructure cycle.
A more durable driver stems from timing rather than the AI narrative. Texas Instruments is completing a six-year, roughly $24 billion fab expansion that constrained free cash flow. Spending is dropping significantly. The 2026 capex projected at $2 billion to $3 billion stands in contrast to the comparatively high $4.55 billion in 2025. The fabs are complete, and revenue is recovering now, allowing management to anticipate free cash flow per share exceeding $8 in 2026, compared to $3.23 in 2025. Cash generation is tripling alongside declining capital expenditure, altering the investment profile investors have avoided during the build.
#instruments #analog #Research #cash
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions spanning the data center core to network edge in the United States and internationally. On July 29, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $163.40 per share. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was -25.21%, and its shares gained 128.27% over the past 52 weeks. Marvell Technology, Inc. (NASDAQ:MRVL) has a market capitalization of $143.1 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor letter:
"Marvell Technology, Inc. (NASDAQ:MRVL) is a fabless semiconductor company focused on chips and optical components for data centers. The company reported a strong quarter, and management said AI-related demand remained very strong. Investors appreciated the accelerating revenue growth, margin improvement in optical products, and upcoming ramp-up of custom silicon chips."
Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 79 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the first quarter, compared to 85 in the previous quarter. In the first quarter of fiscal 2027, Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.42 billion reflecting 9% sequential and 28% year over year growth. While we acknowledge the risk and potential of Marvell Technology, Inc. (NASDAQ:MRVL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) provides data infrastructure semiconductor solutions spanning the data center core to network edge in the United States and internationally. On July 29, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $163.40 per share. The one-month return of Marvell Technology, Inc. (NASDAQ:MRVL) was -25.21%, and its shares gained 128.27% over the past 52 weeks. Marvell Technology, Inc. (NASDAQ:MRVL) has a market capitalization of $143.1 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor letter:
"Marvell Technology, Inc. (NASDAQ:MRVL) is a fabless semiconductor company focused on chips and optical components for data centers. The company reported a strong quarter, and management said AI-related demand remained very strong. Investors appreciated the accelerating revenue growth, margin improvement in optical products, and upcoming ramp-up of custom silicon chips."
Marvell Technology, Inc. (NASDAQ:MRVL) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 79 hedge fund portfolios held Marvell Technology, Inc. (NASDAQ:MRVL) at the end of the first quarter, compared to 85 in the previous quarter. In the first quarter of fiscal 2027, Marvell Technology, Inc. (NASDAQ:MRVL) reported record revenue of $2.42 billion reflecting 9% sequential and 28% year over year growth. While we acknowledge the risk and potential of Marvell Technology, Inc. (NASDAQ:MRVL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Teradyne, Inc. (NASDAQ:TER). Teradyne, Inc. (NASDAQ:TER) engages in the design, development, manufacture, and sale of automated test systems and robotics products. On July 29, 2026, Teradyne, Inc. (NASDAQ:TER) closed at $319.41 per share. One-month return of Teradyne, Inc. (NASDAQ:TER) was -13.46% and its shares gained 197.32% over the past 52 weeks. Teradyne, Inc. (NASDAQ:TER) has a market capitalization of $50 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Teradyne, Inc. (NASDAQ:TER) in its Q2 2026 investor letter:
"Teradyne, Inc. (NASDAQ:TER) provides tester equipment for the semiconductor industry and other end markets. AI-related demand for memory and custom silicon chips has led to very strong orders for Teradyne's equipment. Investors also have appreciated the company's potential to take market share from some of its largest customers."
Teradyne, Inc. (NASDAQ:TER) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Teradyne, Inc. (NASDAQ:TER) at the end of the first quarter which was 77 in the previous quarter. While we acknowledge the risk and potential of Teradyne, Inc. (NASDAQ:TER) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Teradyne, Inc. (NASDAQ:TER) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#carillon #fund #letter #investment
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Teradyne, Inc. (NASDAQ:TER). Teradyne, Inc. (NASDAQ:TER) engages in the design, development, manufacture, and sale of automated test systems and robotics products. On July 29, 2026, Teradyne, Inc. (NASDAQ:TER) closed at $319.41 per share. One-month return of Teradyne, Inc. (NASDAQ:TER) was -13.46% and its shares gained 197.32% over the past 52 weeks. Teradyne, Inc. (NASDAQ:TER) has a market capitalization of $50 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Teradyne, Inc. (NASDAQ:TER) in its Q2 2026 investor letter:
"Teradyne, Inc. (NASDAQ:TER) provides tester equipment for the semiconductor industry and other end markets. AI-related demand for memory and custom silicon chips has led to very strong orders for Teradyne's equipment. Investors also have appreciated the company's potential to take market share from some of its largest customers."
Teradyne, Inc. (NASDAQ:TER) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Teradyne, Inc. (NASDAQ:TER) at the end of the first quarter which was 77 in the previous quarter. While we acknowledge the risk and potential of Teradyne, Inc. (NASDAQ:TER) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Teradyne, Inc. (NASDAQ:TER) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#carillon #fund #letter #investment
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) provides **** og semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On July 29, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $228.71 per share. The one-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -21.92% and its shares gained 83.48% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $17.45 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q2 2026 investor letter:
"MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures high-performance **** og and optical components. The company is diversified across data center, industrial, and telecom markets. The AI spending wave from the hyperscalers has led to very strong growth in Macom's data center products. Investors also have appreciated the company's exposure to end markets in aerospace, defense, and **** e that are expected to have long runways for growth."
#NASDAQ #letter
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) provides **** og semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. On July 29, 2026, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) closed at $228.71 per share. The one-month return of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was -21.92% and its shares gained 83.48% over the past 52 weeks. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has a market capitalization of $17.45 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) in its Q2 2026 investor letter:
"MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) manufactures high-performance **** og and optical components. The company is diversified across data center, industrial, and telecom markets. The AI spending wave from the hyperscalers has led to very strong growth in Macom's data center products. Investors also have appreciated the company's exposure to end markets in aerospace, defense, and **** e that are expected to have long runways for growth."
#NASDAQ #letter
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Vertiv Holdings Co (NYSE:VRT). Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On July 29, 2026, Vertiv Holdings Co (NYSE:VRT) closed at $223.04 per share. The one-month return of Vertiv Holdings Co (NYSE:VRT) was -25.78% and its shares gained 53.19% over the past 52 weeks. Vertiv Holdings Co (NYSE:VRT) has a market capitalization of $85.67 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its Q2 2026 investor letter:
"Vertiv Holdings Co (NYSE:VRT), a global leader in critical infrastructure for data centers and communication networks, delivered another strong quarterly report. A highlight was management's commentary suggesting the company's commercial pipeline and visibility continue to point toward robust growth for the foreseeable future. The company remains well positioned to benefit from accelerating data center investment driven by rapid expansion in high-performance computing and artificial intelligence. Vertiv's leadership in power and thermal management, combined with strategic relationships across leading semiconductor manufacturers and hyperscale customers, reinforces its role as a key enabler of next-generation AI infrastructure."
#holdings #vertiv #carillon
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Vertiv Holdings Co (NYSE:VRT). Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On July 29, 2026, Vertiv Holdings Co (NYSE:VRT) closed at $223.04 per share. The one-month return of Vertiv Holdings Co (NYSE:VRT) was -25.78% and its shares gained 53.19% over the past 52 weeks. Vertiv Holdings Co (NYSE:VRT) has a market capitalization of $85.67 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its Q2 2026 investor letter:
"Vertiv Holdings Co (NYSE:VRT), a global leader in critical infrastructure for data centers and communication networks, delivered another strong quarterly report. A highlight was management's commentary suggesting the company's commercial pipeline and visibility continue to point toward robust growth for the foreseeable future. The company remains well positioned to benefit from accelerating data center investment driven by rapid expansion in high-performance computing and artificial intelligence. Vertiv's leadership in power and thermal management, combined with strategic relationships across leading semiconductor manufacturers and hyperscale customers, reinforces its role as a key enabler of next-generation AI infrastructure."
#holdings #vertiv #carillon
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Karman Holdings Inc. (NYSE:KRMN). Karman Holdings Inc. (NYSE:KRMN) engages in designing, testing, and manufacturing mission-critical systems in the United States. On July 29, 2026, Karman Holdings Inc. (NYSE:KRMN) closed at $45.59 per share. One-month return of Karman Holdings Inc. (NYSE:KRMN) was -19.12% and its shares gained -11.82% over the past 52 weeks. Karman Holdings Inc. (NYSE:KRMN) has a market capitalization of $6.04 billion with a 52-week trading range between $43.68 - $118.38.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Karman Holdings Inc. (NYSE:KRMN) in its Q2 2026 investor letter:
"Karman Holdings Inc. (NYSE:KRMN) provides components and systems for existing and emerging missile, defense, and **** e programs. The company's stock underperformed after Karman reported quarterly organic growth that came in slightly below market expectations. Ongoing noise surrounding next year's defense budget also has weighed on most defense company valuations in recent months. Despite these near-term dynamics, Karman's positioning as a supplier to a wide range of the most rapidly growing military programs – spanning hypersonics, strategic missile defense, tactical munitions, and **** e and launch operations – provides significant visibility toward robust organic growth for the foreseeable future."
#carillon #defense
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Karman Holdings Inc. (NYSE:KRMN). Karman Holdings Inc. (NYSE:KRMN) engages in designing, testing, and manufacturing mission-critical systems in the United States. On July 29, 2026, Karman Holdings Inc. (NYSE:KRMN) closed at $45.59 per share. One-month return of Karman Holdings Inc. (NYSE:KRMN) was -19.12% and its shares gained -11.82% over the past 52 weeks. Karman Holdings Inc. (NYSE:KRMN) has a market capitalization of $6.04 billion with a 52-week trading range between $43.68 - $118.38.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Karman Holdings Inc. (NYSE:KRMN) in its Q2 2026 investor letter:
"Karman Holdings Inc. (NYSE:KRMN) provides components and systems for existing and emerging missile, defense, and **** e programs. The company's stock underperformed after Karman reported quarterly organic growth that came in slightly below market expectations. Ongoing noise surrounding next year's defense budget also has weighed on most defense company valuations in recent months. Despite these near-term dynamics, Karman's positioning as a supplier to a wide range of the most rapidly growing military programs – spanning hypersonics, strategic missile defense, tactical munitions, and **** e and launch operations – provides significant visibility toward robust organic growth for the foreseeable future."
#carillon #defense
4 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Insmed Incorporated (NASDAQ:INSM). Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focusing on developing therapies for patients with serious and rare diseases. On July 23, 2026, Insmed Incorporated (NASDAQ:INSM) closed at $103.12 per share, reflecting a market capitalization of $22.35 billion. Insmed Incorporated (NASDAQ:INSM) posted a one-month return of -10.60%, and its shares lost 7.00% over the past 52 weeks.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Insmed Incorporated (NASDAQ:INSM) in its Q2 2026 investor letter:
"Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focused on developing and commercializing therapies for serious and rare diseases. The company underperformed primarily because first-quarter Brinsupri sales, which were ahead of consensus estimates, fell short of more bullish estimates. Fortunately, second-quarter prescription trends have been strong and point to sales closer to the high end of consensus expectations."
Insmed Incorporated (NASDAQ:INSM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Insmed Incorporated (NASDAQ:INSM) at the end of the first quarter which was 75 in the previous quarter. While we acknowledge the potential of Insmed Incorporated (NASDAQ:INSM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#insmed #company
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Insmed Incorporated (NASDAQ:INSM). Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focusing on developing therapies for patients with serious and rare diseases. On July 23, 2026, Insmed Incorporated (NASDAQ:INSM) closed at $103.12 per share, reflecting a market capitalization of $22.35 billion. Insmed Incorporated (NASDAQ:INSM) posted a one-month return of -10.60%, and its shares lost 7.00% over the past 52 weeks.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Insmed Incorporated (NASDAQ:INSM) in its Q2 2026 investor letter:
"Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focused on developing and commercializing therapies for serious and rare diseases. The company underperformed primarily because first-quarter Brinsupri sales, which were ahead of consensus estimates, fell short of more bullish estimates. Fortunately, second-quarter prescription trends have been strong and point to sales closer to the high end of consensus expectations."
Insmed Incorporated (NASDAQ:INSM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Insmed Incorporated (NASDAQ:INSM) at the end of the first quarter which was 75 in the previous quarter. While we acknowledge the potential of Insmed Incorporated (NASDAQ:INSM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#insmed #company
4 days ago
Valued at a market cap of $923.7 billion, JPMorgan Chase & Co. (JPM) is one of the world's leading financial services firms, with a strong global presence across investment banking, consumer and commercial banking, financial transaction processing, and ******* et management. As of June 30, 2026, the company reported $5.0 trillion in ******* ets and $375 billion in stockholders' equity, serving millions of customers and many of the world's leading corporate, institutional, and government clients under the J.P. Morgan and Chase brands.
Shares of the New York-based company have outpaced the broader market over the past 52 weeks. JPM stock has increased 15.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 14.8%. Moreover, shares of the company are up 7.5% on a YTD basis, compared to SPX's 6.9% gain.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#chase #market #billion
Shares of the New York-based company have outpaced the broader market over the past 52 weeks. JPM stock has increased 15.7% over this time frame, while the broader S&P 500 Index ($SPX) has returned 14.8%. Moreover, shares of the company are up 7.5% on a YTD basis, compared to SPX's 6.9% gain.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.
#chase #market #billion
4 days ago
New England Patriots tight end Eli Raridon is getting adjusted to the NFL game.
Raridon expressed to reporters after training camp practice just how much the game is starting to slow down for him as he progresses through the summer.
"I think things are starting to slow down for me," Raridon said, via Mass Live's Mark Daniels. "Obviously, I'm not 100% acclimated with the offense, but compared to the spring, it's a night and day difference, so it's going well."
The Patriots selected Raridon with the No. 95 overall pick in the 2026 NFL Draft. He is currently the backup tight end for New England behind Hunter Henry.
The Patriots will incorporate Raridon into their offense next season among many other receivers in their crowded offense. His progression this summer contrasts with where he was at performance-wise dating back to last spring and will contribute to the workload that he is able to garner in the upcoming season.
#raridon #offense #slow #down
Raridon expressed to reporters after training camp practice just how much the game is starting to slow down for him as he progresses through the summer.
"I think things are starting to slow down for me," Raridon said, via Mass Live's Mark Daniels. "Obviously, I'm not 100% acclimated with the offense, but compared to the spring, it's a night and day difference, so it's going well."
The Patriots selected Raridon with the No. 95 overall pick in the 2026 NFL Draft. He is currently the backup tight end for New England behind Hunter Henry.
The Patriots will incorporate Raridon into their offense next season among many other receivers in their crowded offense. His progression this summer contrasts with where he was at performance-wise dating back to last spring and will contribute to the workload that he is able to garner in the upcoming season.
#raridon #offense #slow #down
4 days ago
When Modi Oyewole first tried golf in 2023, he did not plan to start a business. As vice president of creative at Def Jam Recordings, he sought a meaningful pursuit beyond corporate entertainment, according to Inc.
https://www.instagram.com/...
His viewpoint changed after attending a Hypegolf Invitational hosted by Hypebeast. Seeing the combination of streetwear culture with golf, Oyewole recognized the sport's ability to foster community instead of exclusivity.
This insight led to the founding of Swang, a Los Angeles-based golf collective co-founded by Oyewole and Josh Hubberman, a creative strategist at Cthdrl. What began as an informal group of 15 at a local driving range has grown rapidly to more than 1,200 active members and hosted over 50 events in its first year. The group's biweekly gatherings regularly attract hundreds, showing Swang's momentum and ability to bring new faces into the golf community. By focusing on making golf more open and culturally connected, Swang has attracted substantial corporate support.
Golf participation has reached record highs in recent years, according to the National Golf Foundation. However, Oyewole and Hubberman saw Swang's main opportunity in broadening the sense of welcome on the course.
#oyewole #swang #hubberman
https://www.instagram.com/...
His viewpoint changed after attending a Hypegolf Invitational hosted by Hypebeast. Seeing the combination of streetwear culture with golf, Oyewole recognized the sport's ability to foster community instead of exclusivity.
This insight led to the founding of Swang, a Los Angeles-based golf collective co-founded by Oyewole and Josh Hubberman, a creative strategist at Cthdrl. What began as an informal group of 15 at a local driving range has grown rapidly to more than 1,200 active members and hosted over 50 events in its first year. The group's biweekly gatherings regularly attract hundreds, showing Swang's momentum and ability to bring new faces into the golf community. By focusing on making golf more open and culturally connected, Swang has attracted substantial corporate support.
Golf participation has reached record highs in recent years, according to the National Golf Foundation. However, Oyewole and Hubberman saw Swang's main opportunity in broadening the sense of welcome on the course.
#oyewole #swang #hubberman
4 days ago
The bulls could cling to something worthy while they watch semiconductor stocks such as Sandisk (SNDK) and Micron (MU) get blown to pieces.
About 72% of S&P 500 stocks are now trading above their 200-day moving average, the strongest market breadth since December 2024, according to data from Barchart (see below). The benchmark index is also holding near record highs.
"You've got essentially two-thirds of S&P 500 companies that are trading above their 200-day moving average. That's relatively healthy and still consistent with the market that is more rotational in nature and not necessarily one that is correctional," Charles Schwab strategist Kevin Gordon said on Yahoo Finance's Opening Bid.
Investors have cashed in their AI bets and have rotated into software, financials, industrials, healthcare, and consumer discretionary stocks for their perceived values. A strong earnings season from many companies, like Coca-Cola (KO) on Tuesday, has helped offset the negative tones stemming from reports out of Alphabet (GOOGL) and Tesla (TSLA).
The market has also been supported by resilient economic data, continued expectations for Federal Reserve rate cuts over the next year, and robust corporate profit growth, all of which have kept money flowing into stocks.
#average
About 72% of S&P 500 stocks are now trading above their 200-day moving average, the strongest market breadth since December 2024, according to data from Barchart (see below). The benchmark index is also holding near record highs.
"You've got essentially two-thirds of S&P 500 companies that are trading above their 200-day moving average. That's relatively healthy and still consistent with the market that is more rotational in nature and not necessarily one that is correctional," Charles Schwab strategist Kevin Gordon said on Yahoo Finance's Opening Bid.
Investors have cashed in their AI bets and have rotated into software, financials, industrials, healthcare, and consumer discretionary stocks for their perceived values. A strong earnings season from many companies, like Coca-Cola (KO) on Tuesday, has helped offset the negative tones stemming from reports out of Alphabet (GOOGL) and Tesla (TSLA).
The market has also been supported by resilient economic data, continued expectations for Federal Reserve rate cuts over the next year, and robust corporate profit growth, all of which have kept money flowing into stocks.
#average
4 days ago
One training camp practice was enough to show the Eagles are changing everything originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
The Philadelphia Eagles are showing early signs of an offensive evolution, and quarterback Jalen Hurts appears ready to embrace the changes.
During the team's first training camp practice, one of the biggest takeaways was how different the offense looked compared to recent seasons. Hurts spent much of the session operating from under center rather than exclusively working out of the shotgun, signaling a new direction for Philadelphia's attack.
The shift was especially noticeable during team drills, where the Eagles frequently incorporated under-center play-action concepts. It's a wrinkle that could make the offense more unpredictable while creating additional opportunities in both the running and passing games.
For Hurts, however, the adjustment isn't as dramatic as it may seem from the outside.
#practice #source
The Philadelphia Eagles are showing early signs of an offensive evolution, and quarterback Jalen Hurts appears ready to embrace the changes.
During the team's first training camp practice, one of the biggest takeaways was how different the offense looked compared to recent seasons. Hurts spent much of the session operating from under center rather than exclusively working out of the shotgun, signaling a new direction for Philadelphia's attack.
The shift was especially noticeable during team drills, where the Eagles frequently incorporated under-center play-action concepts. It's a wrinkle that could make the offense more unpredictable while creating additional opportunities in both the running and passing games.
For Hurts, however, the adjustment isn't as dramatic as it may seem from the outside.
#practice #source
4 days ago
The global spirits sector is undergoing a phase of aggressive structural consolidation, as evidenced by Sazerac Company's ambitious bid to merge with Brown-Forman Corporation (NYSE:BF-B). In an updated proposal letter to Class A shareholders dated July 24, Sazerac restated its all-cash bid of $32 per share for all outstanding Class A and Class B common shares. The proposal, which came with a full 13-page white paper, outlined a transformative financial case that would create a global beverage ****** an second only to Diageo in total annual revenue. The combined company is expected to generate more than $12 billion in revenue in 2026, as well as over $3 billion in EBITDA with an EBITDA margin of more than 30%.
Sazerac's operational strategy includes a broad "U.S. Margin Architecture Reset," which involves transferring Brown-Forman's premium portfolio, anchored on Jack Daniel's and Woodford Reserve, to Sazerac's high-efficiency domestic route-to-market (RTM) network. Internationally, the combined company would reverse this approach by integrating Sazerac's developing brand portfolio into Brown-Forman's existing global distribution footprint. According to Forbes, the white paper adopts a targeted "going deep, not broad" international strategy, naming the United Kingdom, India, and Australia as main acceleration markets where Brown-Forman's current route-to-market infrastructure might enable rapid geographic development for Sazerac's spirit portfolio.
Despite the strategic logic of Sazerac's plan, the acquisition attempt has run into an immovable corporate governance wall. Brown-Forman's controlling voting block, Wolf Pen Branch LP, which includes members of the Brown Family, made a decisive joint statement rejecting the revised plan as "not actionable". Since the Brown family owns more than 50% of the Class A voting stock, no change-of-control transaction can take place without their specific approval.
This refusal marks Brown-Forman's second high-profile M&A deadlock in 2026. Earlier this year, Brown-Forman Corporation (NYSE:BF-B) formally began exploratory merger talks with French liquor company Pernod Ricard. These talks were officially discontinued on April 28 when the parties were unable to establish mutually acceptable conditions, setting the stage for Sazerac's initial unsolicited bid on May 1.
The rejection of a $32 per share cash offer demonstrates a significant value gap in Brown-Forman's stock price. The company trades at around $28 per share and has a forward price-to-earnings ratio of about 16.8x, near the low end of its historical range and a notable discount to its 10-year historical average forward multiple of around 30x. Industry-wide destocking, lower global spirits consumption, and continuing input cost inflation have all negatively impacted Brown-Forman's near-term operating performance, reducing the company's market capitalization to around $13 billion. Sazerac's $32 cash bid suggests a price closer to 21x projected earnings
Sazerac's operational strategy includes a broad "U.S. Margin Architecture Reset," which involves transferring Brown-Forman's premium portfolio, anchored on Jack Daniel's and Woodford Reserve, to Sazerac's high-efficiency domestic route-to-market (RTM) network. Internationally, the combined company would reverse this approach by integrating Sazerac's developing brand portfolio into Brown-Forman's existing global distribution footprint. According to Forbes, the white paper adopts a targeted "going deep, not broad" international strategy, naming the United Kingdom, India, and Australia as main acceleration markets where Brown-Forman's current route-to-market infrastructure might enable rapid geographic development for Sazerac's spirit portfolio.
Despite the strategic logic of Sazerac's plan, the acquisition attempt has run into an immovable corporate governance wall. Brown-Forman's controlling voting block, Wolf Pen Branch LP, which includes members of the Brown Family, made a decisive joint statement rejecting the revised plan as "not actionable". Since the Brown family owns more than 50% of the Class A voting stock, no change-of-control transaction can take place without their specific approval.
This refusal marks Brown-Forman's second high-profile M&A deadlock in 2026. Earlier this year, Brown-Forman Corporation (NYSE:BF-B) formally began exploratory merger talks with French liquor company Pernod Ricard. These talks were officially discontinued on April 28 when the parties were unable to establish mutually acceptable conditions, setting the stage for Sazerac's initial unsolicited bid on May 1.
The rejection of a $32 per share cash offer demonstrates a significant value gap in Brown-Forman's stock price. The company trades at around $28 per share and has a forward price-to-earnings ratio of about 16.8x, near the low end of its historical range and a notable discount to its 10-year historical average forward multiple of around 30x. Industry-wide destocking, lower global spirits consumption, and continuing input cost inflation have all negatively impacted Brown-Forman's near-term operating performance, reducing the company's market capitalization to around $13 billion. Sazerac's $32 cash bid suggests a price closer to 21x projected earnings
5 days ago
Nicole Kidman embraced the minimalist shoe trend on the red carpet at Paramount+'s "Lioness" Season Three premiere, held at SVA Theater in New York on Wednesday. Nicole Kidman John Nacion The actress went for barely-there beige leather strappy sandals with a high heel for the event. The shoes were held in place by a delicate, slender arch strap that extended over the toes. The shoes featured a round, slightly oversized toe silhouette that peeked out beneath the hem of her wide-leg trousers. She paired the heels with a look from the Fendi fall 2026 couture collection. The sleeveless top featured a tunic-like design with embellished, beaded detailing that gave the garment a cage, armor-like effect. The sheer top was paired with cream, polished, high-waisted trousers with a satin panel down the side. Nicole Kidman in New York City. GC Images The look was styled by Jason Bolden and retained some of the key elements seen on the runway. While Bolden opted for gold jewelry for Kidman, the look was styled with two-tone jewelry in silver and gold for the runway show. Both versions incorporated beige sandals, with the runway model wearing a pair by Fendi. "Lioness" premiered in 2023. The series returns with its third
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#nicole
Follow Footwear News on Twitter or become a fan on Facebook.
#nicole
5 days ago
The biopharma sector is in the middle of a transformation in which macroeconomic pressures and policy developments actively dictate corporate dealmaking. As leading pharmaceutical companies prepare for a $300 billion patent cliff in the second half of the decade, capital allocation has switched sharply toward restocking commercial pipelines with low-risk, high-conviction clinical ******* ets. At the same time, implementation of the Inflation Reduction Act has changed the relative attractiveness of drug options. Since small-molecule drugs are subject to government price negotiations earlier in their lifecycle compared to large-molecule biologics, commercial buyers are shifting premium valuations to large-molecule immunology platforms.
Against this macro context, argenx SE (NASDAQ:ARGX) entered a definitive all-cash agreement on July 27 to acquire clinical-stage biotech Forte Biosciences, Inc. (NASDAQ:FBRX) for $77 per share, valuing the company at over $2.2 billion. At first glance, the $77 offer represents a 40% premium to Forte's closing price prior to the announcement. However, the underlying deal economics demonstrate argenx's readiness to pay a premium for clinical validation: when compared to Forte's volume-weighted average pricing following its successful Phase 1b vitiligo readout on July 9, the purchase price represents an 86% premium.
The target ******* et, Forte's FB102, is a first-in-class anti-CD122 antibody that has shown clinical efficacy in vitiligo and celiac disease. In a 24-week experiment, FB102 showed a significant 29.6% mean improvement on the Facial Vitiligo Area Scoring Index, separating from placebo by day 64.
Argenx's ability to carry out a $2.2 billion cash deal stems from its strong financial condition. The company's Q1 2026 financial report showed global product net sales of $1.3 billion, a 63% increase year-over-year, as well as a quarterly net profit of $366 million and a strong balance sheet with $4.9 billion in cash and financial ******* ets. This commercial momentum is almost exclusively driven by Vyvgart, the company's blockbuster FcRn-blocking medication, which is now seeing its 17th straight quarter of growth.
That said, the explosive top-line trajectory poses a major concentration risk. According to CEO Karen Massey's "Vision 2030" framework, which targets 50,000 patients and ten designated indications worldwide, argenx SE (NASDAQ:ARGX) needs a supplementary second leg in immunology. FB102 offers that diversification by delivering a unique CD122 mechanism into unserved autoimmune indications without jeopardizing its core FcRn business.
#premium #price
Against this macro context, argenx SE (NASDAQ:ARGX) entered a definitive all-cash agreement on July 27 to acquire clinical-stage biotech Forte Biosciences, Inc. (NASDAQ:FBRX) for $77 per share, valuing the company at over $2.2 billion. At first glance, the $77 offer represents a 40% premium to Forte's closing price prior to the announcement. However, the underlying deal economics demonstrate argenx's readiness to pay a premium for clinical validation: when compared to Forte's volume-weighted average pricing following its successful Phase 1b vitiligo readout on July 9, the purchase price represents an 86% premium.
The target ******* et, Forte's FB102, is a first-in-class anti-CD122 antibody that has shown clinical efficacy in vitiligo and celiac disease. In a 24-week experiment, FB102 showed a significant 29.6% mean improvement on the Facial Vitiligo Area Scoring Index, separating from placebo by day 64.
Argenx's ability to carry out a $2.2 billion cash deal stems from its strong financial condition. The company's Q1 2026 financial report showed global product net sales of $1.3 billion, a 63% increase year-over-year, as well as a quarterly net profit of $366 million and a strong balance sheet with $4.9 billion in cash and financial ******* ets. This commercial momentum is almost exclusively driven by Vyvgart, the company's blockbuster FcRn-blocking medication, which is now seeing its 17th straight quarter of growth.
That said, the explosive top-line trajectory poses a major concentration risk. According to CEO Karen Massey's "Vision 2030" framework, which targets 50,000 patients and ten designated indications worldwide, argenx SE (NASDAQ:ARGX) needs a supplementary second leg in immunology. FB102 offers that diversification by delivering a unique CD122 mechanism into unserved autoimmune indications without jeopardizing its core FcRn business.
#premium #price
5 days ago
I rolled up to a high school football camp yesterday and I whispered into the universe… run the triple option.
People that know me know about my love/hate relationship with Aaron Sorkin. So… I'm stealing a ******* le that he's used for multiple episodes of his television shows; Talking Points. It just seems to be the theme right now as far as Notre Dame Football is concerned. The tropes and storylines are pretty much just rinse and repeat.
Notre Dame's New York media blitz was much more tame and controlled than I originally thought it would be, but that isn't a criticism. There are enough people talking about Notre Dame in a number of ways, that a lighter touch maybe cuts through the onside a little better — perhaps even highlights the main focus.
Regardless of all of that, Marcus Freeman continued to do the rounds
Calm down… we're not talking about politics here. This is about Notre Dame and Ohio State and their reach into the corporate world.
#notre #people #know #points
People that know me know about my love/hate relationship with Aaron Sorkin. So… I'm stealing a ******* le that he's used for multiple episodes of his television shows; Talking Points. It just seems to be the theme right now as far as Notre Dame Football is concerned. The tropes and storylines are pretty much just rinse and repeat.
Notre Dame's New York media blitz was much more tame and controlled than I originally thought it would be, but that isn't a criticism. There are enough people talking about Notre Dame in a number of ways, that a lighter touch maybe cuts through the onside a little better — perhaps even highlights the main focus.
Regardless of all of that, Marcus Freeman continued to do the rounds
Calm down… we're not talking about politics here. This is about Notre Dame and Ohio State and their reach into the corporate world.
#notre #people #know #points
5 days ago
ESPN's Bill Barnwell made an All-Backup Team, and two New England Patriots players made the cut.
Barnwell used all backup players and rotation guys to make a 53-man roster. He forced himself to take at least one backup from each team, but he did not take more than two players. His main goal was to go after players who participate regularly on special teams that help fill out the backend of the lineup.
It's also worth noting that he wanted to incorporate rookies on his team. However, the Patriots did not have a rookie representative in this situation. The players Barnwell chose for the Patriots were wide receiver DeMario Douglas and defensive tackle Cory Durden.
Douglas would fall under the category of a rotation guy, although that might change this season, considering he's been working with the starters at training camp. The wide receiver was a productive playmaker last season, recording 31 catches for 447 yards and three touchdowns.
Meanwhile, Durden was initially signed by the Patriots as a member of the practice squad. However, he worked his way up the depth chart and became a regular contributor later in the season.
#douglas #durden
Barnwell used all backup players and rotation guys to make a 53-man roster. He forced himself to take at least one backup from each team, but he did not take more than two players. His main goal was to go after players who participate regularly on special teams that help fill out the backend of the lineup.
It's also worth noting that he wanted to incorporate rookies on his team. However, the Patriots did not have a rookie representative in this situation. The players Barnwell chose for the Patriots were wide receiver DeMario Douglas and defensive tackle Cory Durden.
Douglas would fall under the category of a rotation guy, although that might change this season, considering he's been working with the starters at training camp. The wide receiver was a productive playmaker last season, recording 31 catches for 447 yards and three touchdowns.
Meanwhile, Durden was initially signed by the Patriots as a member of the practice squad. However, he worked his way up the depth chart and became a regular contributor later in the season.
#douglas #durden
5 days ago
By Karen Brettell and Sruthi Shankar
July 28 (Reuters) - U.S. stocks were mixed on Tuesday ahead of key corporate earnings releases and the Federal Reserve's highly anticipated interest rate decision on Wednesday.
World stocks had earlier fallen to a one-month low as investors dumped chipmakers on concerns about Chinese competition and the funding of the AI boom, but pared the drop during New York trading hours.
Gains in Boeing and Coca-Cola helped offset tumbling chip stocks ahead of quarterly reports from Apple and other tech companies this week, though the tech-heavy Nasdaq Composite ended lower on the day.
"What has been behind the move into these non-tech names? Part of it is value," said Ross Mayfield, investment strategy ****** yst at Baird in Louisville, Kentucky. "GDP is solid, the labor market continues to churn along and, in a lot of places, there's evidence that consumer spending is reaccelerating."
#Tech #sruthi
July 28 (Reuters) - U.S. stocks were mixed on Tuesday ahead of key corporate earnings releases and the Federal Reserve's highly anticipated interest rate decision on Wednesday.
World stocks had earlier fallen to a one-month low as investors dumped chipmakers on concerns about Chinese competition and the funding of the AI boom, but pared the drop during New York trading hours.
Gains in Boeing and Coca-Cola helped offset tumbling chip stocks ahead of quarterly reports from Apple and other tech companies this week, though the tech-heavy Nasdaq Composite ended lower on the day.
"What has been behind the move into these non-tech names? Part of it is value," said Ross Mayfield, investment strategy ****** yst at Baird in Louisville, Kentucky. "GDP is solid, the labor market continues to churn along and, in a lot of places, there's evidence that consumer spending is reaccelerating."
#Tech #sruthi
5 days ago
Investor Steve Eisman sold Alphabet and boosted cash, warning that crowded AI exposure could magnify a market correction.
Artificial intelligence has propelled equities higher, filled corporate spending plans, and changed the bond market.
Investor Steve Eisman now concerns himself that the two seemingly independent trends have turned into one trade.
Eisman told CNBC he decreased his AI risk by selling his longtime stake in Alphabet (GOOGL). He has not bought defensive stocks to replace his Alphabet stake and is keeping cash while he considers what to do next.
He isn't betting against the market. He frets about what happens if companies can't get an adequate return on the hundreds of billions of dollars being poured into AI infrastructure.
#alphabet #investor #steve
Artificial intelligence has propelled equities higher, filled corporate spending plans, and changed the bond market.
Investor Steve Eisman now concerns himself that the two seemingly independent trends have turned into one trade.
Eisman told CNBC he decreased his AI risk by selling his longtime stake in Alphabet (GOOGL). He has not bought defensive stocks to replace his Alphabet stake and is keeping cash while he considers what to do next.
He isn't betting against the market. He frets about what happens if companies can't get an adequate return on the hundreds of billions of dollars being poured into AI infrastructure.
#alphabet #investor #steve
5 days ago
Qualcomm Incorporated (NASDAQ:QCOM) is entering a new phase of growth as two major catalysts—the expansion of its Samsung partnership and its push into AI infrastructure— begin reshaping the company's long-term outlook.
Its expanded collaboration with Samsung paves the way for Snapdragon platforms to power Samsung's latest Galaxy smartphones, smart watches, and future AI-powered smart glasses. The collaboration reinforces Qualcomm's dominance in premium Android smartphones, validates its leadership in on-device AI, and creates opportunities to expand Snapdragon into new categories such as AI PCs, XR devices, and connected technologies.
Securing Snapdragon chips for more Galaxy flagship models will provide Qualcomm with higher premium chipset shipments, stronger QCT segment revenue, and greater visibility into future earnings.
Kārlis Dambrāns/Flickr
While smartphones remain Qualcomm's largest business, management is increasingly focused on reducing its dependence on the cyclical handset market by expanding into AI infrastructure.
#Smartphones #qualcomm #infrastructure #premium
Its expanded collaboration with Samsung paves the way for Snapdragon platforms to power Samsung's latest Galaxy smartphones, smart watches, and future AI-powered smart glasses. The collaboration reinforces Qualcomm's dominance in premium Android smartphones, validates its leadership in on-device AI, and creates opportunities to expand Snapdragon into new categories such as AI PCs, XR devices, and connected technologies.
Securing Snapdragon chips for more Galaxy flagship models will provide Qualcomm with higher premium chipset shipments, stronger QCT segment revenue, and greater visibility into future earnings.
Kārlis Dambrāns/Flickr
While smartphones remain Qualcomm's largest business, management is increasingly focused on reducing its dependence on the cyclical handset market by expanding into AI infrastructure.
#Smartphones #qualcomm #infrastructure #premium
5 days ago
Nvidia Corporation (NASDAQ:NVDA), Meta Platforms Inc. (NASDAQ:META), OpenAI and Alphabet Inc (NASDAQ:GOOGL) now appear on the same policy letter supporting open-weight AI. Anthropic does not. The letter published on July 24 asks U.S. policymakers to avoid broad restrictions on models whose weights can be downloaded, modified and run privately. OpenAI and Alphabet Inc (NASDAQ:GOOGL) joined after the initial publication, Axios reported on July 27.
Nvidia sells the hardware and software used to train and run AI models. A larger field of model developers, more local deployments, and cheaper inference can all expand demand for its products. Nvidia can benefit even if the models themselves become difficult to monetize.
Source: unsplash
Meta Platforms, Inc. (NASDAQ:META) has another reason to favor open weights. Its models can enter products and corporate systems that might otherwise rely on OpenAI or Anthropic. Outside developers improve the tools, hosting services and integrations around them. Meta can benefit through its applications, advertising business and infrastructure without charging for every model call.
Closed frontier labs can still justify their prices through better performance, enterprise support, reliability and safety. But every task an open model can perform well enough becomes harder to sell through an expensive proprietary API. Customers can also host a model themselves instead of sending data to one provider indefinitely. OpenAI and Anthropic could consequently lose some pricing power and customer lock-in.
#openai #NVIDIA #anthropic #open
Nvidia sells the hardware and software used to train and run AI models. A larger field of model developers, more local deployments, and cheaper inference can all expand demand for its products. Nvidia can benefit even if the models themselves become difficult to monetize.
Source: unsplash
Meta Platforms, Inc. (NASDAQ:META) has another reason to favor open weights. Its models can enter products and corporate systems that might otherwise rely on OpenAI or Anthropic. Outside developers improve the tools, hosting services and integrations around them. Meta can benefit through its applications, advertising business and infrastructure without charging for every model call.
Closed frontier labs can still justify their prices through better performance, enterprise support, reliability and safety. But every task an open model can perform well enough becomes harder to sell through an expensive proprietary API. Customers can also host a model themselves instead of sending data to one provider indefinitely. OpenAI and Anthropic could consequently lose some pricing power and customer lock-in.
#openai #NVIDIA #anthropic #open
