1 hr. ago
By Karen Brettell
July 30 (Reuters) - U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury yields scaled a 19-year peak after the Federal Reserve left interest rates unchanged on Wednesday, stoking concerns about longer-term inflation.
The ***** anese yen also gained sharply, prompting speculation that ***** anese officials intervened to shore up the beleaguered currency.
Microsoft rose 17% after the company forecast current-quarter sales and cloud growth that beat expectations, issued a capital expenditure outlook below Wall Street estimates, and said it expects to keep generating cash through the just-started fiscal 2027.
Investors have been rattled by rising AI costs at big technology firms even as they report strong earnings. Negative cash-flow reports from Alphabet and Tesla last week sparked a bout of selling in AI-linked stocks, with chip stocks also under pressure as investors questioned high valuations.
#japanese #forecast #karen
July 30 (Reuters) - U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury yields scaled a 19-year peak after the Federal Reserve left interest rates unchanged on Wednesday, stoking concerns about longer-term inflation.
The ***** anese yen also gained sharply, prompting speculation that ***** anese officials intervened to shore up the beleaguered currency.
Microsoft rose 17% after the company forecast current-quarter sales and cloud growth that beat expectations, issued a capital expenditure outlook below Wall Street estimates, and said it expects to keep generating cash through the just-started fiscal 2027.
Investors have been rattled by rising AI costs at big technology firms even as they report strong earnings. Negative cash-flow reports from Alphabet and Tesla last week sparked a bout of selling in AI-linked stocks, with chip stocks also under pressure as investors questioned high valuations.
#japanese #forecast #karen
1 hr. ago
July 30 (Reuters) - OpenAI slashed prices of its low- and mid-tier AI models on Thursday, a move that may intensify competition in the industry as U.S. companies battle cheaper Chinese rivals for customers increasingly wary of the technology's ballooning costs.
The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its biggest and flagship Sol model unchanged.
The cuts show that rising cost scrutiny by businesses facing hefty AI bills is forcing American labs to rethink pricing. Many tech CEOs have also said in recent months that cheaper AI options are key to the technology's widespread adoption.
OpenAI's new pricing also turns up the heat on Anthropic, whose Claude models dominate enterprise and developer use but sit at the costlier end of the market. Both companies have been under pressure from open-source Chinese rivals such as Z.ai's GLM-5.2 that nearly match their performance at a lower cost.
Analysts have said that cutting prices could boost usage of OpenAI's and Anthropic's technology, but strain their finances ahead of highly anticipated initial public offerings.
#prices #models
The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its biggest and flagship Sol model unchanged.
The cuts show that rising cost scrutiny by businesses facing hefty AI bills is forcing American labs to rethink pricing. Many tech CEOs have also said in recent months that cheaper AI options are key to the technology's widespread adoption.
OpenAI's new pricing also turns up the heat on Anthropic, whose Claude models dominate enterprise and developer use but sit at the costlier end of the market. Both companies have been under pressure from open-source Chinese rivals such as Z.ai's GLM-5.2 that nearly match their performance at a lower cost.
Analysts have said that cutting prices could boost usage of OpenAI's and Anthropic's technology, but strain their finances ahead of highly anticipated initial public offerings.
#prices #models
2 hours ago
July 30 (Reuters) - OpenAI slashed prices of its low- and mid-tier AI models on Thursday, a move that may intensify competition in the industry as U.S. companies battle cheaper Chinese rivals for customers increasingly wary of the technology's ballooning costs.
The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its biggest and flagship Sol model unchanged.
The cuts show that rising cost scrutiny by businesses facing hefty AI bills is forcing American labs to rethink pricing. Many tech CEOs have also said in recent months that cheaper AI options are key to the technology's widespread adoption.
OpenAI's new pricing also turns up the heat on Anthropic, whose Claude models dominate enterprise and developer use but sit at the costlier end of the market. Both companies have been under pressure from open-source Chinese rivals such as Z.ai's GLM-5.2 that nearly match their performance at a lower cost.
Analysts have said that cutting prices could boost usage of OpenAI's and Anthropic's technology, but strain their finances ahead of highly anticipated initial public offerings.
#cheaper
The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its biggest and flagship Sol model unchanged.
The cuts show that rising cost scrutiny by businesses facing hefty AI bills is forcing American labs to rethink pricing. Many tech CEOs have also said in recent months that cheaper AI options are key to the technology's widespread adoption.
OpenAI's new pricing also turns up the heat on Anthropic, whose Claude models dominate enterprise and developer use but sit at the costlier end of the market. Both companies have been under pressure from open-source Chinese rivals such as Z.ai's GLM-5.2 that nearly match their performance at a lower cost.
Analysts have said that cutting prices could boost usage of OpenAI's and Anthropic's technology, but strain their finances ahead of highly anticipated initial public offerings.
#cheaper
7 hours ago
Happy Thursday, everyone. Senators are still working on the Protect College Sports Act. The SEC and Big Ten continue to push for higher caps, which would make it even more difficult for schools in other leagues to compete.
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
10 hours ago
By Jamie McGeever
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
ORLANDO, Florida, July 28 (Reuters) - European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and growing optimism around peace talks between the U.S. and Iran, while investors also awaited key tech earnings and the Federal Reserve's policy decision.
In my column today, I look at whether high and rising bond yields will slam the brakes on Wall Street. Intuitively, there's a good chance. But if rising borrowing costs are a reflection of stronger nominal growth and a healthy economy, then not necessarily.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
1. Bar to Fed rate hike this week remains high even as markets see a chance
#today #rising #chance #jamie
10 hours ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by a rapid transition to value-based pricing and global energy surcharges, which offset rising commodity costs within a single quarter.
The Global High-Tech platform has emerged as the primary growth engine, scaling from $150 million in 2021 to an annualized run rate of $1.5 billion following the CoolIT acquisition.
Life Sciences performance reached a strategic inflection point with 15% growth, driven by market share gains in bioprocessing and the scaling of commercial manufacturing for customers.
The 'One Ecolab' initiative is successfully driving mid-single-digit growth in core businesses like Food & Beverage through integrated water and food safety cross-selling.
#performance #global #driven #NVIDIA
Performance was driven by a rapid transition to value-based pricing and global energy surcharges, which offset rising commodity costs within a single quarter.
The Global High-Tech platform has emerged as the primary growth engine, scaling from $150 million in 2021 to an annualized run rate of $1.5 billion following the CoolIT acquisition.
Life Sciences performance reached a strategic inflection point with 15% growth, driven by market share gains in bioprocessing and the scaling of commercial manufacturing for customers.
The 'One Ecolab' initiative is successfully driving mid-single-digit growth in core businesses like Food & Beverage through integrated water and food safety cross-selling.
#performance #global #driven #NVIDIA
11 hours ago
Visa reported fiscal third-quarter results on Tuesday, showing net revenue of $11.6 billion, a 14% increase over the prior year, driven by growth in payments volume, cross-border volume, and processed transactions.
GAAP net income for the quarter ended June 30 was $5.6 billion, or $2.97 per share, up 7% and 10%, respectively, from the prior year. Excluding special items, non-GAAP net income was $6.3 billion, or $3.32 per share, increases of 8% and 11% over the prior year.
Payments volume grew 10% on a constant-dollar basis for the three months ended June 30. Total processed transactions reached 71.7 billion, a 10% increase over the prior year. Cross-border volume excluding transactions within Europe rose 12% on a constant-dollar basis, while total cross-border volume increased 13%.
Data processing revenue rose 17% over the prior year to $6.0 billion, while service revenue grew 14% to $4.9 billion. International transaction revenue grew 6% to $3.9 billion, and other revenue rose 45% to $1.5 billion. Client incentives were $4.7 billion, up 18% over the prior year.
GAAP operating expenses were $4.8 billion for the quarter, a 19% increase over the prior year, driven by higher personnel costs. Current-quarter results included $563 million in severance costs and a $237 million litigation provision tied to the interchange multidistrict litigation case, among other special items.
#prior
GAAP net income for the quarter ended June 30 was $5.6 billion, or $2.97 per share, up 7% and 10%, respectively, from the prior year. Excluding special items, non-GAAP net income was $6.3 billion, or $3.32 per share, increases of 8% and 11% over the prior year.
Payments volume grew 10% on a constant-dollar basis for the three months ended June 30. Total processed transactions reached 71.7 billion, a 10% increase over the prior year. Cross-border volume excluding transactions within Europe rose 12% on a constant-dollar basis, while total cross-border volume increased 13%.
Data processing revenue rose 17% over the prior year to $6.0 billion, while service revenue grew 14% to $4.9 billion. International transaction revenue grew 6% to $3.9 billion, and other revenue rose 45% to $1.5 billion. Client incentives were $4.7 billion, up 18% over the prior year.
GAAP operating expenses were $4.8 billion for the quarter, a 19% increase over the prior year, driven by higher personnel costs. Current-quarter results included $563 million in severance costs and a $237 million litigation provision tied to the interchange multidistrict litigation case, among other special items.
#prior
11 hours ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved record quarterly net income of $23 million, attributed to broad-based performance across loan growth, net interest margin expansion, and strong fee income.
HELOC balances grew 23% year-over-year, driven by technology investments that reduced average funding time to 14 days and increased lender depth.
Commercial banking momentum was bolstered by the addition of four experienced commercial bankers since year-end, contributing to a 45% sequential increase in the committed loan pipeline.
Net interest margin expansion of 2 basis points was primarily driven by lower funding costs and the optimization of the deposit mix away from broker and certificate deposits.
#income #driven
Achieved record quarterly net income of $23 million, attributed to broad-based performance across loan growth, net interest margin expansion, and strong fee income.
HELOC balances grew 23% year-over-year, driven by technology investments that reduced average funding time to 14 days and increased lender depth.
Commercial banking momentum was bolstered by the addition of four experienced commercial bankers since year-end, contributing to a 45% sequential increase in the committed loan pipeline.
Net interest margin expansion of 2 basis points was primarily driven by lower funding costs and the optimization of the deposit mix away from broker and certificate deposits.
#income #driven
15 hours ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed positive bottom-line results despite declining revenues to conscientious cost-reduction efforts and lean manufacturing techniques implemented over the last three years.
The company is executing a strategic redesign of its entire outdoor display product family to increase manufacturing standardization while maintaining customer flexibility.
Performance in the quarter was bolstered by a significant reduction in warranty costs, which decreased by approximately $2 million compared to both the prior quarter and the same period last year.
International quoting activity has seen a significant increase over the last six to eight months, and the company recently secured notable orders for a shopping mall in Australia and a theater in Paris.
#increase #tell #management
Management attributed positive bottom-line results despite declining revenues to conscientious cost-reduction efforts and lean manufacturing techniques implemented over the last three years.
The company is executing a strategic redesign of its entire outdoor display product family to increase manufacturing standardization while maintaining customer flexibility.
Performance in the quarter was bolstered by a significant reduction in warranty costs, which decreased by approximately $2 million compared to both the prior quarter and the same period last year.
International quoting activity has seen a significant increase over the last six to eight months, and the company recently secured notable orders for a shopping mall in Australia and a theater in Paris.
#increase #tell #management
20 hours ago
Night View Capital, an investment management firm, released its second-quarter 2026 investor letter. The letter highlights that AI is a transformative force, comparable to electricity due to its industry-wide impact. A copy of the letter can be downloaded here. Although fears about the software sector have led to significant declines in stock prices, the letter argues that AI integration will ultimately benefit many companies. They recognize that some software firms may experience temporary slowdowns, but most will adapt and succeed by embracing AI, citing advantages like systems of record, high switching costs, entrenched distribution, and rapid AI adoption. The sharp decline in software valuations appears to be an overreaction rather than a sign of industry failure. Nightview believes the so-called "software panic of 2026" is temporary, and resilient businesses will adapt and flourish in the age of AI. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Night View Capital highlighted Atlassian Corporation (NASDAQ:TEAM). Atlassian Corporation (NASDAQ:TEAM) is a software company that develops collaboration, project management, and software development tools. On July 27, 2026, Atlassian Corporation (NASDAQ:TEAM) closed at $95.87 per share, reflecting a market capitalization of $24.33 billion. Atlassian Corporation (NASDAQ:TEAM) posted a one-month return of 23.24%, while its shares lost 52.08% over the past 52 weeks.
Night View Capital stated the following regarding Atlassian Corporation (NASDAQ:TEAM) in its Q2 2026 investor update:
"Atlassian Corporation (NASDAQ:TEAM) is a new position this quarter. It owns the tools that software teams use to plan and ship their work, which places it at an interesting spot in the AI story. The world is about to write a great deal more software, much of it with AI ****** istance, and all of that software still has to be organized, tracked, and shipped by human teams. We think the company that sits at the center of how software gets built is a fine place to own in a decade defined by building more of it."
Wright Studio/Shutterstock.com
#NASDAQ #letter
In its Q2 2026 investor letter, Night View Capital highlighted Atlassian Corporation (NASDAQ:TEAM). Atlassian Corporation (NASDAQ:TEAM) is a software company that develops collaboration, project management, and software development tools. On July 27, 2026, Atlassian Corporation (NASDAQ:TEAM) closed at $95.87 per share, reflecting a market capitalization of $24.33 billion. Atlassian Corporation (NASDAQ:TEAM) posted a one-month return of 23.24%, while its shares lost 52.08% over the past 52 weeks.
Night View Capital stated the following regarding Atlassian Corporation (NASDAQ:TEAM) in its Q2 2026 investor update:
"Atlassian Corporation (NASDAQ:TEAM) is a new position this quarter. It owns the tools that software teams use to plan and ship their work, which places it at an interesting spot in the AI story. The world is about to write a great deal more software, much of it with AI ****** istance, and all of that software still has to be organized, tracked, and shipped by human teams. We think the company that sits at the center of how software gets built is a fine place to own in a decade defined by building more of it."
Wright Studio/Shutterstock.com
#NASDAQ #letter
20 hours ago
Night View Capital, an investment management firm, released its second-quarter 2026 investor letter. The letter highlights that AI is a transformative force, comparable to electricity due to its industry-wide impact. A copy of the letter can be downloaded here. Although fears about the software sector have led to significant declines in stock prices, the letter argues that AI integration will ultimately benefit many companies. They recognize that some software firms may experience temporary slowdowns, but most will adapt and succeed by embracing AI, citing advantages like systems of record, high switching costs, entrenched distribution, and rapid AI adoption. The sharp decline in software valuations appears to be an overreaction rather than a sign of industry failure. Nightview believes the so-called "software panic of 2026" is temporary, and resilient businesses will adapt and flourish in the age of AI. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Night View Capital highlighted Oracle Corporation (NYSE:ORCL). Oracle Corporation (NYSE:ORCL) is a leading global provider of products and services that enable enterprise information technology environments across multiple industries. On July 27, 2026, Oracle Corporation (NYSE:ORCL) closed at $119.90 per share, reflecting a market capitalization of $345.37 billion. Oracle Corporation (NYSE:ORCL) posted a one-month return of -18.18%, and its shares lost 52.04% over the past 52 weeks.
Night View Capital stated the following regarding Oracle Corporation (NYSE:ORCL) in its Q2 2026 investor update:
"Oracle Corporation (NYSE:ORCL) sits underneath a stunning amount of the world's data and has become one of the more important landlords of AI computing infrastructure. The demand for its cloud has been remarkable. That strength is also why we trimmed the position modestly, harvesting some of a strong run to fund ideas where we saw more room ahead."
Oracle Corporation (NYSE:ORCL) ranks 40 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 115 hedge fund portfolios held Oracle Corporation (NYSE:ORCL) at the end of the first quarter, up from 111 in the previous quarter. While we acknowledge the risk and potential of Oracle Corporation (NYSE:ORCL) 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 Oracle Corporation (NYSE:ORCL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#letter #software
In its Q2 2026 investor letter, Night View Capital highlighted Oracle Corporation (NYSE:ORCL). Oracle Corporation (NYSE:ORCL) is a leading global provider of products and services that enable enterprise information technology environments across multiple industries. On July 27, 2026, Oracle Corporation (NYSE:ORCL) closed at $119.90 per share, reflecting a market capitalization of $345.37 billion. Oracle Corporation (NYSE:ORCL) posted a one-month return of -18.18%, and its shares lost 52.04% over the past 52 weeks.
Night View Capital stated the following regarding Oracle Corporation (NYSE:ORCL) in its Q2 2026 investor update:
"Oracle Corporation (NYSE:ORCL) sits underneath a stunning amount of the world's data and has become one of the more important landlords of AI computing infrastructure. The demand for its cloud has been remarkable. That strength is also why we trimmed the position modestly, harvesting some of a strong run to fund ideas where we saw more room ahead."
Oracle Corporation (NYSE:ORCL) ranks 40 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 115 hedge fund portfolios held Oracle Corporation (NYSE:ORCL) at the end of the first quarter, up from 111 in the previous quarter. While we acknowledge the risk and potential of Oracle Corporation (NYSE:ORCL) 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 Oracle Corporation (NYSE:ORCL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#letter #software
20 hours ago
Night View Capital, an investment management firm, released its second-quarter 2026 investor letter. The letter highlights that AI is a transformative force, comparable to electricity due to its industry-wide impact. A copy of the letter can be downloaded here. Although fears about the software sector have led to significant declines in stock prices, the letter argues that AI integration will ultimately benefit many companies. They recognize that some software firms may experience temporary slowdowns, but most will adapt and succeed by embracing AI, citing advantages like systems of record, high switching costs, entrenched distribution, and rapid AI adoption. The sharp decline in software valuations appears to be an overreaction rather than a sign of industry failure. Nightview believes the so-called "software panic of 2026" is temporary, and resilient businesses will adapt and flourish in the age of AI. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Night View Capital highlighted Autodesk, Inc. (NASDAQ:ADSK). Autodesk, Inc. (NASDAQ:ADSK) is a software company that develops 3D design, engineering, and entertainment technology solutions. On July 27, 2026, Autodesk, Inc. (NASDAQ:ADSK) closed at $225.91 per share, reflecting a market capitalization of $47.67 billion. Autodesk, Inc. (NASDAQ:ADSK) posted a one-month return of 25.10%, while its shares lost 20.68% over the past 52 weeks.
Night View Capital stated the following regarding Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2026 investor update:
"Autodesk, Inc. (NASDAQ:ADSK) makes the tools that architects and engineers use to design the physical world. The buildings, the bridges, the machines. This is a business protected by decades of professional habit, file formats, and training, and by the simple fact that when you are designing something that people will stand inside, you want the trusted tool. We held our position roughly steady."
Autodesk, Inc. (NASDAQ:ADSK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 67 hedge fund portfolios held Autodesk, Inc. (NASDAQ:ADSK) at the end of the first quarter, compared to 81 in the previous quarter. While we acknowledge the risk and potential of Autodesk, Inc. (NASDAQ:ADSK) 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 Autodesk, Inc. (NASDAQ:ADSK) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#adsk #letter #software
In its Q2 2026 investor letter, Night View Capital highlighted Autodesk, Inc. (NASDAQ:ADSK). Autodesk, Inc. (NASDAQ:ADSK) is a software company that develops 3D design, engineering, and entertainment technology solutions. On July 27, 2026, Autodesk, Inc. (NASDAQ:ADSK) closed at $225.91 per share, reflecting a market capitalization of $47.67 billion. Autodesk, Inc. (NASDAQ:ADSK) posted a one-month return of 25.10%, while its shares lost 20.68% over the past 52 weeks.
Night View Capital stated the following regarding Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2026 investor update:
"Autodesk, Inc. (NASDAQ:ADSK) makes the tools that architects and engineers use to design the physical world. The buildings, the bridges, the machines. This is a business protected by decades of professional habit, file formats, and training, and by the simple fact that when you are designing something that people will stand inside, you want the trusted tool. We held our position roughly steady."
Autodesk, Inc. (NASDAQ:ADSK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 67 hedge fund portfolios held Autodesk, Inc. (NASDAQ:ADSK) at the end of the first quarter, compared to 81 in the previous quarter. While we acknowledge the risk and potential of Autodesk, Inc. (NASDAQ:ADSK) 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 Autodesk, Inc. (NASDAQ:ADSK) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#adsk #letter #software
20 hours ago
Night View Capital, an investment management firm, released its second-quarter 2026 investor letter. The letter highlights that AI is a transformative force, comparable to electricity due to its industry-wide impact. A copy of the letter can be downloaded here. Although fears about the software sector have led to significant declines in stock prices, the letter argues that AI integration will ultimately benefit many companies. They recognize that some software firms may experience temporary slowdowns, but most will adapt and succeed by embracing AI, citing advantages like systems of record, high switching costs, entrenched distribution, and rapid AI adoption. The sharp decline in software valuations appears to be an overreaction rather than a sign of industry failure. Nightview believes the so-called "software panic of 2026" is temporary, and resilient businesses will adapt and flourish in the age of AI. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Night View Capital highlighted ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides a platform for automating and managing digital workflows. On July 27, 2026, ServiceNow, Inc. (NYSE:NOW) closed at $107.78 per share, reflecting a market capitalization of $111.15 billion. ServiceNow, Inc. (NYSE:NOW) posted a one-month return of 4.56%, while its shares lost 44.33% over the past 52 weeks.
Night View Capital stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q2 2026 investor update:
"ServiceNow, Inc. (NYSE:NOW) runs the digital plumbing of the enterprise: the workflows that move a request from "someone asked" to "someone did it." Automation is not a threat to that kind of business. The more work an organization wants to hand to software agents, the more it needs a trusted place to route, track, and govern what those agents do. We added here as well during the quarter."
ServiceNow, Inc. (NYSE:NOW) ranks 25 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 108 hedge fund portfolios held ServiceNow, Inc. (NYSE:NOW) at the end of the first quarter, compared to 118 in the previous quarter. In the first quarter of 2026, ServiceNow, Inc.'s (NYSE:NOW) subscription revenues increased 19% year-over-year (in constant currency) to $3.67 billion. While we acknowledge the risk and potential of ServiceNow, Inc. (NYSE:NOW) 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 ServiceNow, Inc. (NYSE:NOW) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#servicenow #software #quarter
In its Q2 2026 investor letter, Night View Capital highlighted ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) is a cloud-based software company that provides a platform for automating and managing digital workflows. On July 27, 2026, ServiceNow, Inc. (NYSE:NOW) closed at $107.78 per share, reflecting a market capitalization of $111.15 billion. ServiceNow, Inc. (NYSE:NOW) posted a one-month return of 4.56%, while its shares lost 44.33% over the past 52 weeks.
Night View Capital stated the following regarding ServiceNow, Inc. (NYSE:NOW) in its Q2 2026 investor update:
"ServiceNow, Inc. (NYSE:NOW) runs the digital plumbing of the enterprise: the workflows that move a request from "someone asked" to "someone did it." Automation is not a threat to that kind of business. The more work an organization wants to hand to software agents, the more it needs a trusted place to route, track, and govern what those agents do. We added here as well during the quarter."
ServiceNow, Inc. (NYSE:NOW) ranks 25 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 108 hedge fund portfolios held ServiceNow, Inc. (NYSE:NOW) at the end of the first quarter, compared to 118 in the previous quarter. In the first quarter of 2026, ServiceNow, Inc.'s (NYSE:NOW) subscription revenues increased 19% year-over-year (in constant currency) to $3.67 billion. While we acknowledge the risk and potential of ServiceNow, Inc. (NYSE:NOW) 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 ServiceNow, Inc. (NYSE:NOW) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#servicenow #software #quarter
20 hours ago
Night View Capital, an investment management firm, released its second-quarter 2026 investor letter. The letter highlights that AI is a transformative force, comparable to electricity due to its industry-wide impact. A copy of the letter can be downloaded here. Although fears about the software sector have led to significant declines in stock prices, the letter argues that AI integration will ultimately benefit many companies. They recognize that some software firms may experience temporary slowdowns, but most will adapt and succeed by embracing AI, citing advantages like systems of record, high switching costs, entrenched distribution, and rapid AI adoption. The sharp decline in software valuations appears to be an overreaction rather than a sign of industry failure. Nightview believes the so-called "software panic of 2026" is temporary, and resilient businesses will adapt and flourish in the age of AI. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Night View Capital highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On July 27, 2026, Salesforce, Inc. (NYSE:CRM) closed at $173.60 per share. One-month return of Salesforce, Inc. (NYSE:CRM) was 17.57%, and its shares lost 31.12% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $142.78 billion.
Night View Capital stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor update:
"Salesforce, Inc. (NYSE:CRM) is our clearest expression of the system-of-record thesis. It holds the customer relationships of a large slice of the corporate world. That data is the fuel for every AI sales and service agent a company might want to deploy, and the natural place to deploy them is inside the platform that already holds the data. When the software selloff was at its most indiscriminate, we added to our position. We were, in effect, buying the fear."
Salesforce, Inc. (NYSE:CRM) ranks 28 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 101 hedge fund portfolios held Salesforce, Inc. (NYSE:CRM) at the end of the first quarter, compared to 115 in the previous quarter. While we acknowledge the risk and potential of Salesforce, Inc. (NYSE:CRM) 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 Salesforce, Inc. (NYSE:CRM) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#salesforce #letter #investor
In its Q2 2026 investor letter, Night View Capital highlighted Salesforce, Inc. (NYSE:CRM). Salesforce, Inc. (NYSE:CRM) is a cloud computing company that offers Customer Relationship Management (CRM) technology that brings companies and customers together. On July 27, 2026, Salesforce, Inc. (NYSE:CRM) closed at $173.60 per share. One-month return of Salesforce, Inc. (NYSE:CRM) was 17.57%, and its shares lost 31.12% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $142.78 billion.
Night View Capital stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor update:
"Salesforce, Inc. (NYSE:CRM) is our clearest expression of the system-of-record thesis. It holds the customer relationships of a large slice of the corporate world. That data is the fuel for every AI sales and service agent a company might want to deploy, and the natural place to deploy them is inside the platform that already holds the data. When the software selloff was at its most indiscriminate, we added to our position. We were, in effect, buying the fear."
Salesforce, Inc. (NYSE:CRM) ranks 28 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 101 hedge fund portfolios held Salesforce, Inc. (NYSE:CRM) at the end of the first quarter, compared to 115 in the previous quarter. While we acknowledge the risk and potential of Salesforce, Inc. (NYSE:CRM) 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 Salesforce, Inc. (NYSE:CRM) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
#salesforce #letter #investor
21 hours ago
The EMA GARP Fund, managed by Equity Management ****** ociates, recently released its second-quarter investor letter for 2026. The letter can be downloaded here. The letter emphasizes that capital expenditures in artificial intelligence (AI) are driving growth and earnings, despite extreme valuations in the U.S. market, which resemble a bubble-like situation. It also discusses the impact of passive ETF flows, fiscal deficits, and inflationary policies. For the quarter, the Fund's value decreased by 20.00%, and it is down 21.96% for the first half of the year, even though AI and related growth stocks were prominent during Q2. Additionally, the firm identified precious metals miners as a potentially strong investment, noting that they are significantly undervalued and present substantial asymmetrical opportunities. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, the EMA GARP Fund highlighted Aris Mining Corporation (NYSE:ARIS). Aris Mining Corporation (NYSE:ARIS) is a Canadian gold miner that engages in the acquisition, exploration, development, and operation of gold properties. On July 27, 2026, Aris Mining Corporation (NYSE:ARIS) closed at $14.86 per share, reflecting a market capitalization of $3.06 billion. Aris Mining Corporation (NYSE:ARIS) posted a one-month return of -0.34%, while its shares gained 106.68% over the past 52 weeks.
The EMA GARP Fund stated the following regarding Aris Mining Corporation (NYSE:ARIS) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris Mining Corporation (NYSE:ARIS) and Avino. Crazy cheap and massive asymmetry.
Aris is an emerging mid-tier producer with two operating mines in Colombia (Marmato and Segovia) and two large development projects, one in Colombia and one in Guyana. In 2025, they produced 257,000 ounces of gold. Their average selling cost was $3,526/ounce and their average mining cost (AISC) was $1,705/ounce. So, their gross mine profit was $467 million. In 2026, they have guided production between 300,000 and 350,000 ounces at similar costs. The mid-point of guidance equals a 26% growth in ounces produced. They have plans to increase the production in the existing mines after 2026 and their target is to become a 1 million ounce producer within 5 years. In the Q1 2026, they generated EBITDA of $212 million (a run rate of $800 million per year which is the same as the Bloomberg consensus estimates). So, the Company is trading at only 3.75x EBITDA. This compares favorably to the average EBITDA multiple of the S&P 500 which is currently 17x and even more so compared to the MAG-7 stocks which trade at an average multiple of 28x..." (Click here to r
In its Q2 2026 investor letter, the EMA GARP Fund highlighted Aris Mining Corporation (NYSE:ARIS). Aris Mining Corporation (NYSE:ARIS) is a Canadian gold miner that engages in the acquisition, exploration, development, and operation of gold properties. On July 27, 2026, Aris Mining Corporation (NYSE:ARIS) closed at $14.86 per share, reflecting a market capitalization of $3.06 billion. Aris Mining Corporation (NYSE:ARIS) posted a one-month return of -0.34%, while its shares gained 106.68% over the past 52 weeks.
The EMA GARP Fund stated the following regarding Aris Mining Corporation (NYSE:ARIS) in its Q2 2026 investor update:
"The miners are way, way too cheap at present gold and silver prices. And their earnings outlook is robust at higher bullion prices given the substantial operating leverage. Miner industry profitability is as good as it's been at any point in the last 25 years. Two Miner Case Studies are outlined – Aris Mining Corporation (NYSE:ARIS) and Avino. Crazy cheap and massive asymmetry.
Aris is an emerging mid-tier producer with two operating mines in Colombia (Marmato and Segovia) and two large development projects, one in Colombia and one in Guyana. In 2025, they produced 257,000 ounces of gold. Their average selling cost was $3,526/ounce and their average mining cost (AISC) was $1,705/ounce. So, their gross mine profit was $467 million. In 2026, they have guided production between 300,000 and 350,000 ounces at similar costs. The mid-point of guidance equals a 26% growth in ounces produced. They have plans to increase the production in the existing mines after 2026 and their target is to become a 1 million ounce producer within 5 years. In the Q1 2026, they generated EBITDA of $212 million (a run rate of $800 million per year which is the same as the Bloomberg consensus estimates). So, the Company is trading at only 3.75x EBITDA. This compares favorably to the average EBITDA multiple of the S&P 500 which is currently 17x and even more so compared to the MAG-7 stocks which trade at an average multiple of 28x..." (Click here to r
21 hours ago
If you bought a home within the last few years, you might face some mortgage rate regrets. But as everyday people have told me, life doesn't wait for the market. You needed a home at the time you bought it, not before or after when rates were different.
While rates are still relatively high, they've fallen from their peak a few years ago. And if you're looking for a lower monthly payment, it's worth checking if you're paying more than today's average mortgage rate. If you are, a refinance may be on the table.
The math can be complicated, with interest rates, closing costs and amortization schedules to consider. And you can't always count on your lender to do this math for you.
But crunching the numbers is key to making the right refi move. Here's how three homeowners decided it was worth it for them.
When Bob Bradley, a 44-year-old publicist based in Orange County, Calif., married his wife, Kristy Andre, they needed a house to fit their blended family. He sold his 2%-rate condominium to fund a down payment on their family home. The couple bought at a 6.125% rate in June 2024.
#bought #payment
While rates are still relatively high, they've fallen from their peak a few years ago. And if you're looking for a lower monthly payment, it's worth checking if you're paying more than today's average mortgage rate. If you are, a refinance may be on the table.
The math can be complicated, with interest rates, closing costs and amortization schedules to consider. And you can't always count on your lender to do this math for you.
But crunching the numbers is key to making the right refi move. Here's how three homeowners decided it was worth it for them.
When Bob Bradley, a 44-year-old publicist based in Orange County, Calif., married his wife, Kristy Andre, they needed a house to fit their blended family. He sold his 2%-rate condominium to fund a down payment on their family home. The couple bought at a 6.125% rate in June 2024.
#bought #payment
22 hours ago
McDonald's (NYSE:MCD) is among the top dividend stocks in President Trump's portfolio, according to his disclosures earlier this year. MCD has about 50 years of consecutive dividend increases under its belt. The company is scheduled to announce earnings on August 4. The stock is down about 10% so far this year. Is this an opportunity to buy?
McDonald's real business isn't food. About 95% of its restaurants are run by franchisees, not the company. McDonald's keeps the land and the buildings, and it collects rent and royalties on top of the franchise fee. Franchised locations run at roughly an 83% operating margin. Company-run restaurants sit closer to 12%, before corporate costs even get factored in. Franchisees eat the labor bills, the food cost swings, the day-to-day headaches. McDonald's just cashes the check.
Revenue was up 9.4% year over year. Comparable sales grew 3.8% globally and 3.9% in the US, and a chunk of that came from the McValue menu plus a Netflix crossover with K-Pop Demon Hunters that apparently got younger customers walking in.
Systemwide sales (this counts every franchised store, not just company-owned ones) were up 11% on a reported basis.
The Dividend Case, In Plain Numbers
#company #Dividend #Food #sales
McDonald's real business isn't food. About 95% of its restaurants are run by franchisees, not the company. McDonald's keeps the land and the buildings, and it collects rent and royalties on top of the franchise fee. Franchised locations run at roughly an 83% operating margin. Company-run restaurants sit closer to 12%, before corporate costs even get factored in. Franchisees eat the labor bills, the food cost swings, the day-to-day headaches. McDonald's just cashes the check.
Revenue was up 9.4% year over year. Comparable sales grew 3.8% globally and 3.9% in the US, and a chunk of that came from the McValue menu plus a Netflix crossover with K-Pop Demon Hunters that apparently got younger customers walking in.
Systemwide sales (this counts every franchised store, not just company-owned ones) were up 11% on a reported basis.
The Dividend Case, In Plain Numbers
#company #Dividend #Food #sales
22 hours ago
MADISON, Wis. (AP) — A Wisconsin appeals court on Wednesday restored a 2011 anti-union law that abolished collective bargaining rights, in a setback for unions and public workers. Unions are expected to appeal, sending the case to the Wisconsin Supreme Court, which is controlled by liberal justices.
The 2024 ruling striking down the law as unconstitutional had been on hold pending appeal, so Wednesday's reversal does not change the status quo. The law remains in effect, as it has been the past 15 years, as the legal fight continues.
Enactment of a 2011 anti-union state law, championed by Republicans, sparked weeks of protests and made Wisconsin the center of a national battle over union rights.
That law, known as Act 10, effectively ended most public employees′ ability to bargain for wage increases and other issues, and forced them to pay more for health insurance and retirement benefits.
Supporters of the law say it gives local governments more control over workers and the powers needed to cut costs. They argue that repealing the law, which allowed schools and local governments to raise money through higher employee contributions for benefits, would bankrupt those entities.
#union #court #rights #appeal
The 2024 ruling striking down the law as unconstitutional had been on hold pending appeal, so Wednesday's reversal does not change the status quo. The law remains in effect, as it has been the past 15 years, as the legal fight continues.
Enactment of a 2011 anti-union state law, championed by Republicans, sparked weeks of protests and made Wisconsin the center of a national battle over union rights.
That law, known as Act 10, effectively ended most public employees′ ability to bargain for wage increases and other issues, and forced them to pay more for health insurance and retirement benefits.
Supporters of the law say it gives local governments more control over workers and the powers needed to cut costs. They argue that repealing the law, which allowed schools and local governments to raise money through higher employee contributions for benefits, would bankrupt those entities.
#union #court #rights #appeal
24 hours ago
Prince Harry and his fellow claimants may have to cover millions in their opponent's legal fees after losing their high-profile lawsuit against the publisher of the Daily Mail
At a hearing on July 29, **** ociated Newspapers Limited demanded an initial payment of £10m towards its legal costs
The publisher of The Daily Mail and other U.K. outlets also seeks to recoup much more
Prince Harry and his fellow claimants may have to cover hefty court costs after losing a high-profile legal case earlier this month.
Justice Matthew Nicklin handed down the decision on July 7, declaring that the Duke of Sussex and six other high-profile claimants — including Elton John, Elizabeth Hurley and Jude Law's ex-wife, Sadie Frost — had lost their case against **** ociated Newspapers Limited (ANL), the publisher of the Daily Mail and the Mail on Sunday, failing to prove that the publications had engaged in illegal information gathering.
#mail #daily #high #prince
At a hearing on July 29, **** ociated Newspapers Limited demanded an initial payment of £10m towards its legal costs
The publisher of The Daily Mail and other U.K. outlets also seeks to recoup much more
Prince Harry and his fellow claimants may have to cover hefty court costs after losing a high-profile legal case earlier this month.
Justice Matthew Nicklin handed down the decision on July 7, declaring that the Duke of Sussex and six other high-profile claimants — including Elton John, Elizabeth Hurley and Jude Law's ex-wife, Sadie Frost — had lost their case against **** ociated Newspapers Limited (ANL), the publisher of the Daily Mail and the Mail on Sunday, failing to prove that the publications had engaged in illegal information gathering.
#mail #daily #high #prince
1 day ago
Amy Winehouse's father must pay just under £1m to two of his daughter's friends after a failed High Court claim over the auctioning of the late singer's items.
Mitch Winehouse also racked up at least £950,000 in his own legal costs in the failed attempt against Naomi Parry and Catriona Gourlay.
He claimed the women had profited from selling dozens of his daughter's items at auctions in the US in 2021 and 2023, accusing them of having "deliberately concealed" their sale.
But Ms Justice Clarke threw out the claim earlier this year, finding that he "knew all along" about the intended sale and only afterwards had begun to pursue them for money in an "aggressive and unpleasant way".
In a judgment on Wednesday, she said: "The claimant chose to bring an inherently weak claim, pursue it aggressively and relentlessly to the end, and make serious and unfounded allegations against the defendants which significantly damaged their reputations, career prospects, financial security and health."
#claim #failed #high
Mitch Winehouse also racked up at least £950,000 in his own legal costs in the failed attempt against Naomi Parry and Catriona Gourlay.
He claimed the women had profited from selling dozens of his daughter's items at auctions in the US in 2021 and 2023, accusing them of having "deliberately concealed" their sale.
But Ms Justice Clarke threw out the claim earlier this year, finding that he "knew all along" about the intended sale and only afterwards had begun to pursue them for money in an "aggressive and unpleasant way".
In a judgment on Wednesday, she said: "The claimant chose to bring an inherently weak claim, pursue it aggressively and relentlessly to the end, and make serious and unfounded allegations against the defendants which significantly damaged their reputations, career prospects, financial security and health."
#claim #failed #high
1 day ago
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When Treasury yields reach multiyear highs, some investors get nervous. Higher bond yields are triggered by lower bond prices, and the effects are felt across the financial spectrum: from investing in stocks and bonds to borrowing costs and savings returns.
The 30-year Treasury yield ended above 5% for the 14th consecutive trading session on July 24, its longest such streak since July 2007, according to Yahoo Finance's Chart of the Day. So far this year, it has closed above 5% 29 times, more than any other year since 2007.
Global bond yields across several major economies have climbed in tandem as higher oil prices, resilient economic data, and heavy government borrowing continue to add pressure.
Here is how rising Treasury yields could impact your finances.
#yields
When Treasury yields reach multiyear highs, some investors get nervous. Higher bond yields are triggered by lower bond prices, and the effects are felt across the financial spectrum: from investing in stocks and bonds to borrowing costs and savings returns.
The 30-year Treasury yield ended above 5% for the 14th consecutive trading session on July 24, its longest such streak since July 2007, according to Yahoo Finance's Chart of the Day. So far this year, it has closed above 5% 29 times, more than any other year since 2007.
Global bond yields across several major economies have climbed in tandem as higher oil prices, resilient economic data, and heavy government borrowing continue to add pressure.
Here is how rising Treasury yields could impact your finances.
#yields
2 days ago
July 28 (Reuters) - The Trump administration plans to end a subsidy program that helped hold premiums for Medicare drug plans, the Wall Street Journal reported on Tuesday, citing government officials.
The program, expected to provide insurers with roughly $3.6 billion in subsidies this year to cushion Medicare Part D premium increases, will not be renewed beyond 2026, the report said.
Medicare Part D, which provides prescription drug coverage to millions of Medicare beneficiaries through private insurance plans, is a key component of the federal health program for seniors.
Rising healthcare costs remain a growing concern in the U.S., particularly for older Americans living on fixed incomes. Nearly 25 million people were enrolled in standalone Medicare Part D prescription drug plans in 2026, according to data from health policy research group KFF.
The Journal quoted an administration official who said the additional subsidies gave insurers an incentive to raise premiums because the government would absorb much of the added cost. The official also said the subsidies were no longer necessary, saying that other measures aimed at keeping Medicare Part D costs in check remain in place.
#medicare #program #drug #subsidies
The program, expected to provide insurers with roughly $3.6 billion in subsidies this year to cushion Medicare Part D premium increases, will not be renewed beyond 2026, the report said.
Medicare Part D, which provides prescription drug coverage to millions of Medicare beneficiaries through private insurance plans, is a key component of the federal health program for seniors.
Rising healthcare costs remain a growing concern in the U.S., particularly for older Americans living on fixed incomes. Nearly 25 million people were enrolled in standalone Medicare Part D prescription drug plans in 2026, according to data from health policy research group KFF.
The Journal quoted an administration official who said the additional subsidies gave insurers an incentive to raise premiums because the government would absorb much of the added cost. The official also said the subsidies were no longer necessary, saying that other measures aimed at keeping Medicare Part D costs in check remain in place.
#medicare #program #drug #subsidies
2 days ago
Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Boring wins again. Italgas, the pipe company ***** ody talks about at parties, just posted a record 81% margin and 25% EBITDA growth by doing something shockingly simple: buying a rival and actually integrating it well.
Italgas, Europe's largest gas distributor, posted first-half adjusted EBITDA of €1.07 billion, up 25% year over year. Total adjusted revenue climbed to €1.32 billion, up 17.5%, and adjusted net profit rose 27.3% to €398.6 million. CEO Paolo Gallo called the margin the highest in company history.
The engine behind all of it is last year's acquisition of 2i Rete Gas. Italgas has already banked roughly 42% of its 2032 synergy target, capturing about €130 million in savings in just six months, against €35 million for all of 2025 combined. Total operating costs fell 6.4% even after absorbing the new company's cost base, and dropped more than 20% on a like-for-like basis. Full-year guidance and the long-range strategic plan both stayed intact.
There's no oil-price guessing game here, no battery race, no app anyone needs to fall in love with. Italgas owns pipes under regulated contracts and gets paid to keep them running. The 2i Rete Gas numbers prove something specific: this deal wasn't just about scale, it was about actually finding the overlap in networks, contracts, IT systems, and procurement, and squeezing real money out of it, faster than the integration playbook usually allows.
#italgas #total #company #posted
Boring wins again. Italgas, the pipe company ***** ody talks about at parties, just posted a record 81% margin and 25% EBITDA growth by doing something shockingly simple: buying a rival and actually integrating it well.
Italgas, Europe's largest gas distributor, posted first-half adjusted EBITDA of €1.07 billion, up 25% year over year. Total adjusted revenue climbed to €1.32 billion, up 17.5%, and adjusted net profit rose 27.3% to €398.6 million. CEO Paolo Gallo called the margin the highest in company history.
The engine behind all of it is last year's acquisition of 2i Rete Gas. Italgas has already banked roughly 42% of its 2032 synergy target, capturing about €130 million in savings in just six months, against €35 million for all of 2025 combined. Total operating costs fell 6.4% even after absorbing the new company's cost base, and dropped more than 20% on a like-for-like basis. Full-year guidance and the long-range strategic plan both stayed intact.
There's no oil-price guessing game here, no battery race, no app anyone needs to fall in love with. Italgas owns pipes under regulated contracts and gets paid to keep them running. The 2i Rete Gas numbers prove something specific: this deal wasn't just about scale, it was about actually finding the overlap in networks, contracts, IT systems, and procurement, and squeezing real money out of it, faster than the integration playbook usually allows.
#italgas #total #company #posted
2 days ago
Americans hang on to jobs they don't favor for multiple reasons, including salary, geographical convenience and upward mobility. Increasingly, with inflation rising, career professionals are sticking to jobs they don't like primarily for the health care benefits.
Workplace experts call that syndrome 'job lock', and it's growing in the U.S. workplace.
According to a study by the West Health-Gallup Center on Healthcare in America, nearly one in four (24%) of American workers say they're "afraid" of losing their health insurance, and this fear is keeping them in their jobs. That's an 8% rise from 221, the study noted.
Given the skyrocketing costs of health insurance, as employer-sponsored family health insurance premiums have increased by about 26% over the past five years, that fear is justifiable.
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
#Health #insurance #like #fear
Workplace experts call that syndrome 'job lock', and it's growing in the U.S. workplace.
According to a study by the West Health-Gallup Center on Healthcare in America, nearly one in four (24%) of American workers say they're "afraid" of losing their health insurance, and this fear is keeping them in their jobs. That's an 8% rise from 221, the study noted.
Given the skyrocketing costs of health insurance, as employer-sponsored family health insurance premiums have increased by about 26% over the past five years, that fear is justifiable.
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
#Health #insurance #like #fear
2 days ago
CHICAGO – When the House settlement took effect last year, schools could directly share revenue with athletes with a cap in place. That limit doesn't include third-party NIL deals, though, and roster costs continue to increase in college football.
Speaking Tuesday at Big Ten Media Days, USC coach Lincoln Riley spoke in favor of a "true salary cap" in college sports. While he said the landscape is beginning to stabilize a bit, that would make things even better.
[ $19.99 gets you a FULL year of On3 | Rivals national coverage ]
Riley noted the discussions around the state of college sports as the NIL era continues to evolve. He doesn't see the craziness being as much of an issue as others on the outside, though. Instead, he argued things are getting better, though he said a salary cap would further help.
"I've always been one, like, I don't want to have less than somebody has," Riley told reporters at the Hilton Chicago. "But I don't necessarily have to have more. I just don't want to be at some massive, massive disadvantage, if you're trying to win a championship. I will say this, despite the perception outside, it has normalized a lot in the last few years.
#riley #salary #sports
Speaking Tuesday at Big Ten Media Days, USC coach Lincoln Riley spoke in favor of a "true salary cap" in college sports. While he said the landscape is beginning to stabilize a bit, that would make things even better.
[ $19.99 gets you a FULL year of On3 | Rivals national coverage ]
Riley noted the discussions around the state of college sports as the NIL era continues to evolve. He doesn't see the craziness being as much of an issue as others on the outside, though. Instead, he argued things are getting better, though he said a salary cap would further help.
"I've always been one, like, I don't want to have less than somebody has," Riley told reporters at the Hilton Chicago. "But I don't necessarily have to have more. I just don't want to be at some massive, massive disadvantage, if you're trying to win a championship. I will say this, despite the perception outside, it has normalized a lot in the last few years.
#riley #salary #sports
2 days ago
Jennifer Tedmori revealed the small sum she earned in residuals for her 11 episodes on Ned's Declassified
Tedmori shared her frustration over receiving checks as low as two cents, noting mailing costs exceeded their value
She now works as a lawyer but joked the total residuals might only cover a coffee at Starbucks
One child star is sharing just how much money being on a well-loved teen show still pays 20 years later.
Jennifer Tedmori posted a video on Instagram on July 24, showing around 19 envelopes she said were all residual checks she's received for her work as a child actor. Tedmori, who is now also a lawyer, was on 11 episodes of the popular Nickelodeon show Ned's Declassified School Survival Guide. As Doris Trembly, a member of the "Huge Crew" who all had a crush on Ned (Devon Werkheiser), she was a bully who would pick on other girls around the ***** ular character, mainly Moze (Lindsey Shaw).
#tedmori #residuals #checks #around
Tedmori shared her frustration over receiving checks as low as two cents, noting mailing costs exceeded their value
She now works as a lawyer but joked the total residuals might only cover a coffee at Starbucks
One child star is sharing just how much money being on a well-loved teen show still pays 20 years later.
Jennifer Tedmori posted a video on Instagram on July 24, showing around 19 envelopes she said were all residual checks she's received for her work as a child actor. Tedmori, who is now also a lawyer, was on 11 episodes of the popular Nickelodeon show Ned's Declassified School Survival Guide. As Doris Trembly, a member of the "Huge Crew" who all had a crush on Ned (Devon Werkheiser), she was a bully who would pick on other girls around the ***** ular character, mainly Moze (Lindsey Shaw).
#tedmori #residuals #checks #around
2 days ago
Homeownership is something many people aspire to and, in fact, 56% of adults describe owning your own property as a key part of the American Dream. Yet, many are struggling to buy a home of their own thanks to rising costs of both homes and mortgages.
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
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
#actually
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
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
#actually
2 days ago
The memory maker no longer leads with the cost-cutting story that once defined it, and the bet you own has changed under you.
If you bought Micron Technology (MU) for the company it used to describe, you may not own that company anymore. For years management sold a familiar story: a disciplined memory maker grinding its costs lower through a brutal boom-and-bust cycle. On its most recent earnings call, dated late June 2026, that language barely surfaced, and what management led with instead was contracts.
What Happened To The Get-Cheaper Story?
The old scorecard was costly. Here is how management framed fiscal 2025 on a 2024 call: "expect fiscal 2025 NAND cost reductions to be in the low-to-mid teens." That kind of cost-down guidance is absent from the latest call. Management now expects blended DRAM cost per bit to rise, not fall, as the product mix shifts toward pricier, higher-performance parts. The metric that once proved operating discipline has flipped direction, and management sounds untroubled by it.
So What Is Micron Selling Investors Now?
#management #cost #company
If you bought Micron Technology (MU) for the company it used to describe, you may not own that company anymore. For years management sold a familiar story: a disciplined memory maker grinding its costs lower through a brutal boom-and-bust cycle. On its most recent earnings call, dated late June 2026, that language barely surfaced, and what management led with instead was contracts.
What Happened To The Get-Cheaper Story?
The old scorecard was costly. Here is how management framed fiscal 2025 on a 2024 call: "expect fiscal 2025 NAND cost reductions to be in the low-to-mid teens." That kind of cost-down guidance is absent from the latest call. Management now expects blended DRAM cost per bit to rise, not fall, as the product mix shifts toward pricier, higher-performance parts. The metric that once proved operating discipline has flipped direction, and management sounds untroubled by it.
So What Is Micron Selling Investors Now?
#management #cost #company
2 days ago
Northrop Grumman Corporation (NYSE:NOC) beat quarterly expectations, secured $20 billion in net awards, reported record backlog, and raised its 2026 sales and MTM-adjusted earnings forecasts. Yet the shares closed 2.23% lower at $512.29 on July 21.
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.
#adjusted #forecasts #much
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.
#adjusted #forecasts #much
2 days ago
The U.S. dollar, euro and British pound enter a pivotal week as investors prepare for the Federal Reserve's July 29 to 30 meeting and the ECB's decision last week while new data comes through. Most **** ysts expect that the Fed will leave rates where they are, although the market will be watching out for clues from Chair Jerome Powell given that the latest US data has confirmed the strength of the economy.
June retail sales were up by 0.2% on the month, while the control group increased by 0.4%, and initial claims for unemployment benefits dropped to 208,000, a three-month low, underlining the strength of the consumer and the labour market. This week brings out the second-quarter GDP, the PCE inflation print for June and July non-farm payrolls which could alter thinking around the second half of the year.
The ECB decided to keep its deposit rate at 2.25% as it sees inflation edging toward its 2% target while remaining data-dependent. ECB President Christine Lagarde said growth remains weak, with members continuing to **** s the impact of the economic effect of trade and higher energy costs on the economic environment.
Sterling remains supported by expectations that the Bank of England will proceed cautiously after it kept Bank Rate at 3.75%, and it sees the UK policymakers juggle between curbing inflation and a steady wage-growth and a cooling labour market. UK mortgage approvals, consumer credit and business surveys are released this week as they provide evidence for the economy ahead of the next Bank of England meeting.
The U.S. Dollar Index is maintaining a healthy uptrend after bouncing off support in the 100.50 zone along the uptrend line. Currently, the index trades at 101.28, keeping the 50-day EMA (101.12) and 100-day EMA (101.01) beneath the index level. The RSI is sitting at 53.
#market #inflation #england
June retail sales were up by 0.2% on the month, while the control group increased by 0.4%, and initial claims for unemployment benefits dropped to 208,000, a three-month low, underlining the strength of the consumer and the labour market. This week brings out the second-quarter GDP, the PCE inflation print for June and July non-farm payrolls which could alter thinking around the second half of the year.
The ECB decided to keep its deposit rate at 2.25% as it sees inflation edging toward its 2% target while remaining data-dependent. ECB President Christine Lagarde said growth remains weak, with members continuing to **** s the impact of the economic effect of trade and higher energy costs on the economic environment.
Sterling remains supported by expectations that the Bank of England will proceed cautiously after it kept Bank Rate at 3.75%, and it sees the UK policymakers juggle between curbing inflation and a steady wage-growth and a cooling labour market. UK mortgage approvals, consumer credit and business surveys are released this week as they provide evidence for the economy ahead of the next Bank of England meeting.
The U.S. Dollar Index is maintaining a healthy uptrend after bouncing off support in the 100.50 zone along the uptrend line. Currently, the index trades at 101.28, keeping the 50-day EMA (101.12) and 100-day EMA (101.01) beneath the index level. The RSI is sitting at 53.
#market #inflation #england
