14 hours ago
It's amazing how the free cash flow line has meant wildly different things for Apple (AAPL) and Oracle (ORCL) investors this year.
Call it an Investing 101 reminder: Cash is king.
Quick insight: With tech investors laser-focused on capex, free cash flow has emerged as a major driver of share prices this year.
The latest example: Alphabet (GOOGL) reported its first negative free cash flow quarter, and the stock was hammered last week after its earnings. Free cash flow could remain negative for Alphabet in the near-term, based on guidance from its earnings call.
As for Apple, it has generated about $129 billion in trailing 12-month free cash flow. On the other hand, Oracle has seen a $24 billion outflow. It's not that Apple isn't investing in AI, but Oracle's business model requires it to take bigger financial swings. In this case, those swings are being funded by new debt.
#Apple #investors
Call it an Investing 101 reminder: Cash is king.
Quick insight: With tech investors laser-focused on capex, free cash flow has emerged as a major driver of share prices this year.
The latest example: Alphabet (GOOGL) reported its first negative free cash flow quarter, and the stock was hammered last week after its earnings. Free cash flow could remain negative for Alphabet in the near-term, based on guidance from its earnings call.
As for Apple, it has generated about $129 billion in trailing 12-month free cash flow. On the other hand, Oracle has seen a $24 billion outflow. It's not that Apple isn't investing in AI, but Oracle's business model requires it to take bigger financial swings. In this case, those swings are being funded by new debt.
#Apple #investors
14 hours ago
ACCIONA Energía has finalised the sale of a 361MW portfolio of operational wind farms in Spain to Galp New Energies in a deal valued at €432m ($491.2m).
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
The transaction, which covered ***** ets with no financial debt, was signed and closed simultaneously, with all proceeds received at closing.
The portfolio comprises 15 wind farms in the provinces of Ciudad Real, Guadalajara, Navarra, Palencia, Seville and Zaragoza.
The wind ***** ets have an average operating age of 21 years, with an average commercial operation date of 2005.
They are expected to generate around 800GW-hours of electricity annually and currently operate on a merchant basis.
#energ
22 hours ago
Carlyle and Bain Capital are in contention to acquire Wealth Enhancement in a deal that could value the wealth management platform at about $7bn including debt, the Financial Times has reported.
Wealth Enhancement oversees nearly $160bn in client ***** ets, according to the report. Its private equity owners, TA ***** ociates and Onex, have put the business up for sale.
The two firms are now the final bidders in the process after other contenders dropped out, people familiar with the matter told the FT.
The sale comes as private equity groups continue to pursue independent wealth management firms, which have seen strong deal activity in recent years.
Wealth Enhancement is a registered investment adviser, or RIA. These firms compete with banks by advising wealthy individuals and business owners on investments in exchange for fees.
#Equity #owners #business
Wealth Enhancement oversees nearly $160bn in client ***** ets, according to the report. Its private equity owners, TA ***** ociates and Onex, have put the business up for sale.
The two firms are now the final bidders in the process after other contenders dropped out, people familiar with the matter told the FT.
The sale comes as private equity groups continue to pursue independent wealth management firms, which have seen strong deal activity in recent years.
Wealth Enhancement is a registered investment adviser, or RIA. These firms compete with banks by advising wealthy individuals and business owners on investments in exchange for fees.
#Equity #owners #business
23 hours ago
The Boston Beer Company, Inc. (NYSE:SAM) reported its second-quarter financial results on July 23, delivering a modest upside on earnings per share despite ongoing top-line volume pressures. The company reported GAAP diluted EPS of $4.96, topping Wall Street consensus estimates of $4.83, while non-GAAP diluted EPS came in at $3.65. The EPS beat was primarily driven by gross margin expansion, reaching 50.4%, up 60 basis points year-over-year, and a $1.31 per-share after-tax benefit from a favorable adjustment in supplier litigation.
The company's net revenue for the quarter was roughly in line with expectations at $568.3 million, down 3.3% year-over-year. Depletions fell 6%, which, while negative, came in better than the Street's fear of a 9% decline. Shipment volume was approximately 2.0 million barrels, down 4.5%. Crucially, management maintained its full-year non-GAAP EPS guidance of $8.50 to $10.50.
Following the report, Wall Street ******* ysts adjusted their outlooks. On July 24, Roth Capital lowered its price target on Boston Beer to $295 from $315 while keeping a Buy rating on the shares. The firm noted that while major components of guidance were unchanged, commentary on the earnings call suggested that if current trends persist, full-year results would land toward the lower end of the guided range. On the same day, Deutsche Bank lowered its price target to $176 from $187 and maintained a Hold rating on the shares.
This mix of resilient operational execution and volume headwinds brings up a key question: Is The Boston Beer Company, Inc. (NYSE:SAM)'s margin recovery and balance sheet strength enough to navigate persistent category challenges?
Optimistic investors emphasize Boston Beer's low leverage and durable financial flexibility as foundational strengths. With minimal debt, $265.5 million in cash, and a sizable equity base, the company maintains the financial headroom to fund working capital, capital expenditures, and share repurchases. This strong balance sheet allows Boston Beer to absorb macroeconomic shocks, tariffs, or litigation without forced deleveraging, preserving strategic optionality over both short- and long-term horizons.
#boston #capital #volume #million
The company's net revenue for the quarter was roughly in line with expectations at $568.3 million, down 3.3% year-over-year. Depletions fell 6%, which, while negative, came in better than the Street's fear of a 9% decline. Shipment volume was approximately 2.0 million barrels, down 4.5%. Crucially, management maintained its full-year non-GAAP EPS guidance of $8.50 to $10.50.
Following the report, Wall Street ******* ysts adjusted their outlooks. On July 24, Roth Capital lowered its price target on Boston Beer to $295 from $315 while keeping a Buy rating on the shares. The firm noted that while major components of guidance were unchanged, commentary on the earnings call suggested that if current trends persist, full-year results would land toward the lower end of the guided range. On the same day, Deutsche Bank lowered its price target to $176 from $187 and maintained a Hold rating on the shares.
This mix of resilient operational execution and volume headwinds brings up a key question: Is The Boston Beer Company, Inc. (NYSE:SAM)'s margin recovery and balance sheet strength enough to navigate persistent category challenges?
Optimistic investors emphasize Boston Beer's low leverage and durable financial flexibility as foundational strengths. With minimal debt, $265.5 million in cash, and a sizable equity base, the company maintains the financial headroom to fund working capital, capital expenditures, and share repurchases. This strong balance sheet allows Boston Beer to absorb macroeconomic shocks, tariffs, or litigation without forced deleveraging, preserving strategic optionality over both short- and long-term horizons.
#boston #capital #volume #million
1 day ago
Philip's $45,000 household income in Los Angeles is an earnings problem. California's cost of living runs 11% above the national baseline, and average consumer expenditures hit $78,535 in 2024.
At a record 21% APR, carrying medical copays on credit cards makes debt repayment nearly impossible at Philip's current income level.
Ramsey argues Philip moving to full-time work at the national median wage of $1,251 per week would roughly double his household income.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
On July 23, a caller named Philip told Dave Ramsey he could not stop taking on new debt. He is 49, works part-time as a grocery store courtesy clerk in Southern California, and shares a household income of roughly $40,000 to $45,000 with his wife. The debt was credit cards and routine medical bills, copays, doctor visits, dental care. When asked why he was not working full-time, Philip said, "A lot of emotional stuff, a lot of baggage, a lot of... yeah, I have a long history."
#income #time
At a record 21% APR, carrying medical copays on credit cards makes debt repayment nearly impossible at Philip's current income level.
Ramsey argues Philip moving to full-time work at the national median wage of $1,251 per week would roughly double his household income.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
On July 23, a caller named Philip told Dave Ramsey he could not stop taking on new debt. He is 49, works part-time as a grocery store courtesy clerk in Southern California, and shares a household income of roughly $40,000 to $45,000 with his wife. The debt was credit cards and routine medical bills, copays, doctor visits, dental care. When asked why he was not working full-time, Philip said, "A lot of emotional stuff, a lot of baggage, a lot of... yeah, I have a long history."
#income #time
1 day ago
Saudi Arabia's AI champion HUMAIN has signed its first sports sponsorship, partnering with Al Nassr, the Riyadh soccer club where superstar Cristiano Ronaldo plays, as it looks to integrate its AI offerings into the team.
The agreement will see HUMAIN's logo on Al Nassr's jerseys and new training center. HUMAIN also plans to deploy its sports technology unit and its interactive entertainment platform at the club.
HUMAIN aims to use the sponsorship deal to "go beyond the traditional sponsorship model," chief executive Tariq Amin said. "Together, we'll look at how solutions such as HUMAIN Sport and HUMAIN Create can help shape the next generation of fan engagement, from more personalized digital experiences to new forms of AI-powered content.
HUMAIN declined to comment on the financial details of the deal.
The sponsorship is also expected to provide a financial boost for Al Nassr. The club — which, like HUMAIN, is owned by Saudi Arabia's Public Investment Fund — is reported to have more than $200 million in debt, complicating efforts to sign new players this summer.
#sponsorship #nassr
The agreement will see HUMAIN's logo on Al Nassr's jerseys and new training center. HUMAIN also plans to deploy its sports technology unit and its interactive entertainment platform at the club.
HUMAIN aims to use the sponsorship deal to "go beyond the traditional sponsorship model," chief executive Tariq Amin said. "Together, we'll look at how solutions such as HUMAIN Sport and HUMAIN Create can help shape the next generation of fan engagement, from more personalized digital experiences to new forms of AI-powered content.
HUMAIN declined to comment on the financial details of the deal.
The sponsorship is also expected to provide a financial boost for Al Nassr. The club — which, like HUMAIN, is owned by Saudi Arabia's Public Investment Fund — is reported to have more than $200 million in debt, complicating efforts to sign new players this summer.
#sponsorship #nassr
1 day ago
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There has long been an elephant in the Federal Open Market Committee's room as it tries to accomplish its mission of promoting maximum employment and stable prices. It's just much, much bigger now, and it's hard to ignore a $2 trillion elephant.
That's roughly how much the US government is issuing in new Treasury bills and bonds each year as the country's budget deficit swells. Its massive spending problem isn't new: The US has run a deficit for more than two decades, helped along by the 2008 financial crisis and the COVID-19 pandemic. But the economy is looking relatively healthy now, with inflation down from its decades-high record in 2022, shrinking to 3.5% in June. Weekly jobless claims just dropped to their lowest level since 1969. And yet the government is still issuing increasing amounts of debt. Economists say it's unsustainable.
Reducing the federal deficit may be Congress's job, but the central bank, led by Chair Kevin Warsh, has to contend with the economic effects of Treasury borrowing as it determines whether to hike, cut or hold interest rates steady. A committee that already is split on where interest rates should head will gather this week to decide what's next as a growing chorus of experts point to the problem the federal deficit poses.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#much
There has long been an elephant in the Federal Open Market Committee's room as it tries to accomplish its mission of promoting maximum employment and stable prices. It's just much, much bigger now, and it's hard to ignore a $2 trillion elephant.
That's roughly how much the US government is issuing in new Treasury bills and bonds each year as the country's budget deficit swells. Its massive spending problem isn't new: The US has run a deficit for more than two decades, helped along by the 2008 financial crisis and the COVID-19 pandemic. But the economy is looking relatively healthy now, with inflation down from its decades-high record in 2022, shrinking to 3.5% in June. Weekly jobless claims just dropped to their lowest level since 1969. And yet the government is still issuing increasing amounts of debt. Economists say it's unsustainable.
Reducing the federal deficit may be Congress's job, but the central bank, led by Chair Kevin Warsh, has to contend with the economic effects of Treasury borrowing as it determines whether to hike, cut or hold interest rates steady. A committee that already is split on where interest rates should head will gather this week to decide what's next as a growing chorus of experts point to the problem the federal deficit poses.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#much
1 day ago
Storj filed for bankruptcy protection on Sunday. The company says its network still works and STORJ tokens still work. Its owner made similar promises nine months ago.
Storj now wants to hand token holders a slice of the rebuilt company. But a judge must approve that. And creditors get paid first.
Storj Labs filed in a federal bankruptcy court in West Virginia. The case number is 5:26-bk-00512.
Follow us on X to get the latest news as it happens
Chapter 11 is not a shutdown. It lets a company keep trading while a court helps it clear its debts.
#storj #still
Storj now wants to hand token holders a slice of the rebuilt company. But a judge must approve that. And creditors get paid first.
Storj Labs filed in a federal bankruptcy court in West Virginia. The case number is 5:26-bk-00512.
Follow us on X to get the latest news as it happens
Chapter 11 is not a shutdown. It lets a company keep trading while a court helps it clear its debts.
#storj #still
1 day ago
New details are emerging from Shohei Ohtani's translator, Ippei Mizuhara's gambling scandal, including an audio of him pretending to be the ****** anese star while calling the bank.
Shohei Ohtani has enjoyed incredible success already during his tenure with the Los Angeles Dodgers. He's won back-to-back MVPs as well as consecutive World Series ****** les.
Even this season, Ohtani is a contender for the Cy Young Award, pitching at an elite level. Despite all his success, though, there have been some low points for the ****** anese superstar as well.
In 2024, the Dodgers fired interpreter Ippei Mizuhara following accusations that he had stolen millions of dollars from Ohtani to pay off his gambling debts. Now, new details have come to light.
Photo by FREDERIC J. BROWN/AFP via Getty Images
#shohei #japanese
Shohei Ohtani has enjoyed incredible success already during his tenure with the Los Angeles Dodgers. He's won back-to-back MVPs as well as consecutive World Series ****** les.
Even this season, Ohtani is a contender for the Cy Young Award, pitching at an elite level. Despite all his success, though, there have been some low points for the ****** anese superstar as well.
In 2024, the Dodgers fired interpreter Ippei Mizuhara following accusations that he had stolen millions of dollars from Ohtani to pay off his gambling debts. Now, new details have come to light.
Photo by FREDERIC J. BROWN/AFP via Getty Images
#shohei #japanese
2 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A billionaire-backed podcast host is taking aim at President Donald Trump over one of his biggest campaign promises — cutting the national debt.
Investor Jason Calacanis says Trump has instead presided over a historic surge in federal borrowing, putting the president's fiscal pledges under renewed scrutiny.
The U.S. national debt hit $39 trillion in March and currently stands at around $39.6 trillion. The debt has increased in recent years, instead of going down as Trump promised.
Don't Miss:
#debt #instead #president
A billionaire-backed podcast host is taking aim at President Donald Trump over one of his biggest campaign promises — cutting the national debt.
Investor Jason Calacanis says Trump has instead presided over a historic surge in federal borrowing, putting the president's fiscal pledges under renewed scrutiny.
The U.S. national debt hit $39 trillion in March and currently stands at around $39.6 trillion. The debt has increased in recent years, instead of going down as Trump promised.
Don't Miss:
#debt #instead #president
4 days ago
We have $250,000 in the bank and one million to invest for retirement with no debt. We need to earn $50,000 a year from the million. Where should I invest it?
-Rob
First, congratulations on saving $1 million for your retirement – I'm sure a lot of hard work has gone into this! You have also done a great job building up a bank account that you can use for emergencies or other immediate needs. When combining these two ******* et bases with your debt-free balance sheet, you should be in a strong position to achieve your $50,000 per year income objective.
Deciding how to invest your ******* ets is critical both before and after retiring. A financial advisor can help you select and manage investments for your retirement portfolio.
Before evaluating options for investing your retirement savings, it's important to start by ******* sing your goals. On the surface the $50,000 per year income goal is simple, but some nuances might be relevant and worth exploring. There are some additional considerations that you should keep in mind before deciding where to invest, so we'll dig into those before outlining potential investment options.
#deciding #bank #debt
-Rob
First, congratulations on saving $1 million for your retirement – I'm sure a lot of hard work has gone into this! You have also done a great job building up a bank account that you can use for emergencies or other immediate needs. When combining these two ******* et bases with your debt-free balance sheet, you should be in a strong position to achieve your $50,000 per year income objective.
Deciding how to invest your ******* ets is critical both before and after retiring. A financial advisor can help you select and manage investments for your retirement portfolio.
Before evaluating options for investing your retirement savings, it's important to start by ******* sing your goals. On the surface the $50,000 per year income goal is simple, but some nuances might be relevant and worth exploring. There are some additional considerations that you should keep in mind before deciding where to invest, so we'll dig into those before outlining potential investment options.
#deciding #bank #debt
4 days ago
Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) said it expects to return to year-on-year earnings growth in the second half after its Search division returned to profitability in June, completing its transition away from legacy AdSense for Domains revenue.
Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025. Net revenue declined 16% to US$61 million, while gross margin widened to 34.1% from 27.6%.
The Comparison division increased adjusted EBITDA by 54% to US$8.4 million, alongside a 28% rise to US$13.7 million from Domains, Identity & Software. Search recorded a US$2.6 million loss across the half, but returned to profit in June following cost reductions, automation and the expansion of Related Search on Content.
Net debt climbed to US$117.5 million from US$87.6 million at December, reflecting tax payments and reduced working-capital financing rather than higher borrowings. Team Internet expects debt to fall significantly during H2.
Its strategic review of the DIS business is progressing with selected parties, with a further update due by the interim results on 7 September and any resulting transaction still targeted for completion during 2026.
#internet #ebitda
Adjusted EBITDA fell 21% year on year to US$19.5 million in the six months to June, though this represented an 8% improvement on the second half of 2025. Net revenue declined 16% to US$61 million, while gross margin widened to 34.1% from 27.6%.
The Comparison division increased adjusted EBITDA by 54% to US$8.4 million, alongside a 28% rise to US$13.7 million from Domains, Identity & Software. Search recorded a US$2.6 million loss across the half, but returned to profit in June following cost reductions, automation and the expansion of Related Search on Content.
Net debt climbed to US$117.5 million from US$87.6 million at December, reflecting tax payments and reduced working-capital financing rather than higher borrowings. Team Internet expects debt to fall significantly during H2.
Its strategic review of the DIS business is progressing with selected parties, with a further update due by the interim results on 7 September and any resulting transaction still targeted for completion during 2026.
#internet #ebitda
4 days ago
London looks set to open in the red on Friday, with tech selling and oil topping $100 a barrel combining to darken the mood heading into the weekend.
Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The blue-chip index faces pressure from two directions: a sharp Wall Street sell-off driven by disappointing Big Tech earnings, and fresh geopolitical anxiety in the Middle East pushing oil prices to triple figures for the first time in months.
US stocks fell heavily overnight, with the Nasdaq leading the way down 2.2% as investors took a dim view of quarterly results from Alphabet and Tesla. The S&P 500 dropped 1.2%, its worst session of the month, while the Dow shed 1%.
The problem wasn't the earnings themselves, according to Swissquote's Ipek Ozkardeskaya; it was the spending. "Earnings themselves were not the problem; spending and evaporating free cash flow were," she said. "Both Alphabet and Tesla stood by their capital investment plans, while Alphabet raised its capex outlook by $15 billion to $205 billion. Meanwhile, free cash flow at both Alphabet and Tesla turned negative in the second quarter."
Ozkardeskaya warned that Big Tech, once defined by being capital-light and cash-heavy, is becoming the opposite: increasingly reliant on equity and debt issuance to finance AI ambitions at a time when interest rate expectations are moving higher.
#tesla #ozkardeskaya
Futures traders have the FTSE 100 called 40 points lower, building on Thursday's 77-point decline to 10,639. The blue-chip index faces pressure from two directions: a sharp Wall Street sell-off driven by disappointing Big Tech earnings, and fresh geopolitical anxiety in the Middle East pushing oil prices to triple figures for the first time in months.
US stocks fell heavily overnight, with the Nasdaq leading the way down 2.2% as investors took a dim view of quarterly results from Alphabet and Tesla. The S&P 500 dropped 1.2%, its worst session of the month, while the Dow shed 1%.
The problem wasn't the earnings themselves, according to Swissquote's Ipek Ozkardeskaya; it was the spending. "Earnings themselves were not the problem; spending and evaporating free cash flow were," she said. "Both Alphabet and Tesla stood by their capital investment plans, while Alphabet raised its capex outlook by $15 billion to $205 billion. Meanwhile, free cash flow at both Alphabet and Tesla turned negative in the second quarter."
Ozkardeskaya warned that Big Tech, once defined by being capital-light and cash-heavy, is becoming the opposite: increasingly reliant on equity and debt issuance to finance AI ambitions at a time when interest rate expectations are moving higher.
#tesla #ozkardeskaya
4 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry **** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Lenders have tightened credit spreads on 60–65% LTV retail CRE loans by 16 basis points over the past year, per Trepp.
The cost of incremental debt in the 50–59% LTV tier is nearly unchanged in the same period, underscoring a shift in lender competition.
Lenders prioritizing pricing competitiveness in the middle of the capital stack could alter borrower decisions and reshape risk distribution in retail loan origination.
Retail commercial real estate lenders are shifting their focus toward moderate leverage. Trepp data shows the most aggressive pricing now sits in the middle of the debt stack.
#estate #debt #middle
Lenders have tightened credit spreads on 60–65% LTV retail CRE loans by 16 basis points over the past year, per Trepp.
The cost of incremental debt in the 50–59% LTV tier is nearly unchanged in the same period, underscoring a shift in lender competition.
Lenders prioritizing pricing competitiveness in the middle of the capital stack could alter borrower decisions and reshape risk distribution in retail loan origination.
Retail commercial real estate lenders are shifting their focus toward moderate leverage. Trepp data shows the most aggressive pricing now sits in the middle of the debt stack.
#estate #debt #middle
4 days ago
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Remember when gas was under $4 a gallon and you could take the family out to eat without taking out a second mortgage? Ahhh, those were the days.
As the cost of living rises, everyday expenses are eating into retirement savings. Americans currently participating in workplace retirement plans anticipate needing $1.2 million on average to retire comfortably, according to a Schroders survey released this month. However, just 30% believe they will reach $1 million due in large part to rising costs, debt and competing expenses. In fact, a third of those surveyed said they have more credit card debt than retirement savings. There are also signs that wealthier clients are feeling the squeeze. It's a great chance for advisors to help clients prioritize spending to stay on track for retirement without overextending their resources today.
"While many are still contributing to retirement, they're finding it harder to increase their savings each year," said Nathan Sebesta, an advisor at Access Wealth Strategies. "Retirement savings shouldn't simply be what's left over at the end of the month. It should be treated like any other essential bill."
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#savings #without #cost
Remember when gas was under $4 a gallon and you could take the family out to eat without taking out a second mortgage? Ahhh, those were the days.
As the cost of living rises, everyday expenses are eating into retirement savings. Americans currently participating in workplace retirement plans anticipate needing $1.2 million on average to retire comfortably, according to a Schroders survey released this month. However, just 30% believe they will reach $1 million due in large part to rising costs, debt and competing expenses. In fact, a third of those surveyed said they have more credit card debt than retirement savings. There are also signs that wealthier clients are feeling the squeeze. It's a great chance for advisors to help clients prioritize spending to stay on track for retirement without overextending their resources today.
"While many are still contributing to retirement, they're finding it harder to increase their savings each year," said Nathan Sebesta, an advisor at Access Wealth Strategies. "Retirement savings shouldn't simply be what's left over at the end of the month. It should be treated like any other essential bill."
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#savings #without #cost
5 days ago
Ironvine Capital Partners, an investment management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The letter emphasizes the vital role of AI adoption in capital markets, highlighting a projected $7 trillion in new debt issuance by 2029 due to increased AI computing investments by hyperscale companies. This trend presents both risks and opportunities. The firm has shifted away from semiconductors during the quarter, as they require 2027 or 2028 spending levels for sustainable returns. The Ironvine Concentrated fund reported a year-to-date return of 11.02% (net), outperforming the S&P 500 Index's 10.21% return. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 22, 2026, SAP SE (NYSE:SAP) closed at $148.75 per share. One-month return of SAP SE (NYSE:SAP) was -2.51%, and its shares lost 49.41% over the past 52 weeks. SAP SE (NYSE:SAP) has a market capitalization of $175.9 billion.
Ironvine Capital Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"Over the last five decades SAP SE (NYSE:SAP) has become the leading provider of ERP software for many of the world's largest, most supply chain-intensive companies. SAP counts 98 of the Fortune 100 as customers, with approximately 70% of revenue derived from large enterprises. Across much of this market the company operates in a duopoly with Oracle, although in certain niches it is the only practical solution. Its software integrates procurement, manufacturing, inventory, sales, human resources, and financial reporting into a single operating platform for the business.
Over time, SAP systems permeate customer operations, often with extensive customization reflecting company-specific workflows, regulatory requirements, and accumulated business knowledge. For example, Boeing relies on SAP to coordinate the ******* embly of airplanes containing tens of thousands of components, sourced from thousands of suppliers. If one part isn't where it's supposed to be, a $50 million plane doesn't move forward. Every component must be tracked, certified, and correctly installed with an auditable record. Boeing's SAP environment contains decades of custom code integrated with its supply chain to provide this digital paper trail…" (Click here to read the full text)
#NYSE #partners #letter #here
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted SAP SE (NYSE:SAP). Headquartered in Walldorf, Germany, SAP SE (NYSE:SAP) is a leading enterprise application and business solutions provider. On July 22, 2026, SAP SE (NYSE:SAP) closed at $148.75 per share. One-month return of SAP SE (NYSE:SAP) was -2.51%, and its shares lost 49.41% over the past 52 weeks. SAP SE (NYSE:SAP) has a market capitalization of $175.9 billion.
Ironvine Capital Partners stated the following regarding SAP SE (NYSE:SAP) in its Q2 2026 investor update:
"Over the last five decades SAP SE (NYSE:SAP) has become the leading provider of ERP software for many of the world's largest, most supply chain-intensive companies. SAP counts 98 of the Fortune 100 as customers, with approximately 70% of revenue derived from large enterprises. Across much of this market the company operates in a duopoly with Oracle, although in certain niches it is the only practical solution. Its software integrates procurement, manufacturing, inventory, sales, human resources, and financial reporting into a single operating platform for the business.
Over time, SAP systems permeate customer operations, often with extensive customization reflecting company-specific workflows, regulatory requirements, and accumulated business knowledge. For example, Boeing relies on SAP to coordinate the ******* embly of airplanes containing tens of thousands of components, sourced from thousands of suppliers. If one part isn't where it's supposed to be, a $50 million plane doesn't move forward. Every component must be tracked, certified, and correctly installed with an auditable record. Boeing's SAP environment contains decades of custom code integrated with its supply chain to provide this digital paper trail…" (Click here to read the full text)
#NYSE #partners #letter #here
5 days ago
Ironvine Capital Partners, an investment management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The letter emphasizes the vital role of AI adoption in capital markets, highlighting a projected $7 trillion in new debt issuance by 2029 due to increased AI computing investments by hyperscale companies. This trend presents both risks and opportunities. The firm has shifted away from semiconductors during the quarter, as they require 2027 or 2028 spending levels for sustainable returns. The Ironvine Concentrated fund reported a year-to-date return of 11.02% (net), outperforming the S&P 500 Index's 10.21% return. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On July 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $627.17 per share, reflecting a market capitalization of $1.68 trillion. Meta Platforms, Inc. (NASDAQ:META) posted a one-month return of 15.53%, while its shares lost 12.26% over the past 52 weeks.
Ironvine Capital Partners stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q2 2026 investor update:
"Meta Platforms, Inc. (NASDAQ:META) has uniquely powerful data and distribution advantages and the company is investing aggressively in its own artificial intelligence models and compute to make its advertising platform more effective. Meta's core business has among the most straight forward and compelling commercial use cases for AI that we are aware of. More engaging, relevant, and frequently refreshed creative content makes digital ads useful versus simply clutter. One unnamed Ironviner visits Instagram specifically for curated clothing, gear, and gift ideas—he checks in for the ads, not in spite of them, because he is often introduced to new brands and items he hadn't thought of or didn't know existed. For advertisers, the ease and precision of targeting and measuring return on ad spend is powerful. They can refine and improve their approach leveraging Meta's tools to increase efficiency. The company's ability to leverage and improve its own models within this robust and proprietary feedback loop should draw additional advertising dollars and further the company's lead in time. We initiated a position in Meta in our Concentrated strategy and added to our existing position in Core during the second quarter."
#NASDAQ #ironvine #return
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On July 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $627.17 per share, reflecting a market capitalization of $1.68 trillion. Meta Platforms, Inc. (NASDAQ:META) posted a one-month return of 15.53%, while its shares lost 12.26% over the past 52 weeks.
Ironvine Capital Partners stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q2 2026 investor update:
"Meta Platforms, Inc. (NASDAQ:META) has uniquely powerful data and distribution advantages and the company is investing aggressively in its own artificial intelligence models and compute to make its advertising platform more effective. Meta's core business has among the most straight forward and compelling commercial use cases for AI that we are aware of. More engaging, relevant, and frequently refreshed creative content makes digital ads useful versus simply clutter. One unnamed Ironviner visits Instagram specifically for curated clothing, gear, and gift ideas—he checks in for the ads, not in spite of them, because he is often introduced to new brands and items he hadn't thought of or didn't know existed. For advertisers, the ease and precision of targeting and measuring return on ad spend is powerful. They can refine and improve their approach leveraging Meta's tools to increase efficiency. The company's ability to leverage and improve its own models within this robust and proprietary feedback loop should draw additional advertising dollars and further the company's lead in time. We initiated a position in Meta in our Concentrated strategy and added to our existing position in Core during the second quarter."
#NASDAQ #ironvine #return
5 days ago
July 23 (Reuters) - Mobile phone tower group Cellnex is studying strategic options including taking the company private or a merger with a competitor, Bloomberg News reported on Thursday.
Spain-based Cellnex's market capitalisation has more than halved since its peak of about 40 billion euros ($45.54 billion) in 2021, as investors worried about its debt levels and potential consolidation among its customers.
The company's shares jumped over 5% after Bloomberg News report.
Cellnex was not immediately available for comment.
In the past year, Cellnex management held early talks with an investor group backed by DigitalBridge Group Inc and Deutsche Telekom AG about the possibility of a deal, the report said, citing people familiar with the matter.
#group #bloomberg #spain
Spain-based Cellnex's market capitalisation has more than halved since its peak of about 40 billion euros ($45.54 billion) in 2021, as investors worried about its debt levels and potential consolidation among its customers.
The company's shares jumped over 5% after Bloomberg News report.
Cellnex was not immediately available for comment.
In the past year, Cellnex management held early talks with an investor group backed by DigitalBridge Group Inc and Deutsche Telekom AG about the possibility of a deal, the report said, citing people familiar with the matter.
#group #bloomberg #spain
5 days ago
Galaxy Digital (NASDAQ: $GLXY) is planning to sell $3.5 billion U.S. of junk bonds to help fund the expansion of its Helios artificial intelligence (A.I.) data centre located in Texas.
The company plans to use the proceeds from its first junk bond sale to finance growth of the data centre campus located in **** ens County, Texas.
Galaxy Digital is the latest A.I. infrastructure developer to tap the U.S. high-yield debt market to fund A.I. infrastructure projects.
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SBI Group, DigiFT, and Startale Group Advance Tokenized Capital Markets with JPYSC-Powered Settlement and Onchain Dividend Distribution
#junk #centre
The company plans to use the proceeds from its first junk bond sale to finance growth of the data centre campus located in **** ens County, Texas.
Galaxy Digital is the latest A.I. infrastructure developer to tap the U.S. high-yield debt market to fund A.I. infrastructure projects.
More From Cryptoprowl:
SBI Group, DigiFT, and Startale Group Advance Tokenized Capital Markets with JPYSC-Powered Settlement and Onchain Dividend Distribution
#junk #centre
5 days ago
Ryanair Holdings plc (NASDAQ:RYAAY)'s fiscal first-quarter profit fell 34% to €538 million from €820 million a year earlier. Revenue rose about 1% to €4.38 billion, short of the €4.48 billion ***** ysts expected. Passenger traffic climbed 6% to 61.3 million. Shares fell as much as 7% on the day (July 20). Rival carriers Wizz Air, Lufthansa, IAG, and Air France-KLM all dropped too.
Two things drove the miss. Firstly, fares fell 6% as the Iran war made travelers nervous and pushed bookings closer to departure. Secondly, operating costs rose 11% because the 20% of Ryanair Holdings plc (NASDAQ:RYAAY)'s jet fuel that isn't hedged more than doubled in price, hitting $150 a barrel during the quarter. CEO Michael O'Leary said the conflict, EU jet-fuel supply concerns, and general economic uncertainty forced the airline to cut fares to fill seats. He gave no full-year profit guidance, calling second-quarter pricing "trending modestly down" YoY and noting zero visibility into the second half of the year.
That raises a real question. Is this just a short-term problem for Europe's strongest budget airline, or is it the beginning of a long period of low ticket prices that will last even after the war ends?
BULL CASE
Ryanair Holdings plc (NASDAQ:RYAAY)'s own earnings call is the strongest source for the bull case. CFO Neil Sorahan told CNBC the Middle East conflict will cause a capacity shakeout among weaker European airlines this winter, since carriers without Ryanair's cost base or balance sheet may fail or get absorbed. He confirmed Ryanair paid off its final €1.2 billion bond in May. The corporation is now debt-free and owns its roughly 620 aircraft outright, with about €2.8 billion in cash on hand. Sorahan pushed back on demand fears directly, telling CNBC, "No shortage of bookings. No shortage of people traveling, just travelers booking closer to departure.
#billion #fell
Two things drove the miss. Firstly, fares fell 6% as the Iran war made travelers nervous and pushed bookings closer to departure. Secondly, operating costs rose 11% because the 20% of Ryanair Holdings plc (NASDAQ:RYAAY)'s jet fuel that isn't hedged more than doubled in price, hitting $150 a barrel during the quarter. CEO Michael O'Leary said the conflict, EU jet-fuel supply concerns, and general economic uncertainty forced the airline to cut fares to fill seats. He gave no full-year profit guidance, calling second-quarter pricing "trending modestly down" YoY and noting zero visibility into the second half of the year.
That raises a real question. Is this just a short-term problem for Europe's strongest budget airline, or is it the beginning of a long period of low ticket prices that will last even after the war ends?
BULL CASE
Ryanair Holdings plc (NASDAQ:RYAAY)'s own earnings call is the strongest source for the bull case. CFO Neil Sorahan told CNBC the Middle East conflict will cause a capacity shakeout among weaker European airlines this winter, since carriers without Ryanair's cost base or balance sheet may fail or get absorbed. He confirmed Ryanair paid off its final €1.2 billion bond in May. The corporation is now debt-free and owns its roughly 620 aircraft outright, with about €2.8 billion in cash on hand. Sorahan pushed back on demand fears directly, telling CNBC, "No shortage of bookings. No shortage of people traveling, just travelers booking closer to departure.
#billion #fell
5 days ago
Economic issues have forced another franchisee of the nation's largest fast-food chain, Subway, to file for bankruptcy protection, as the restaurant sector continues to battle rising costs.
Subway Sandwich Shop franchisee Cherry ****** e Company, which operates three North Dakota locations, filed for Chapter 11 bankruptcy to reorganize its businesses, according to BankruptcyObserver.
The Regent, N.D.-based Subway franchisee filed its Subchapter V petition in the U.S. Bankruptcy Court for the District of North Dakota on July 21, listing over $19,000 in ****** ets and over $1.8 million in debts, according to court documents.
The debtor did not give a reason for filing for bankruptcy in its petition. Debtor counsel Karl Johnson of MJB Law Firm PLLC was not immediately available for comment.
The debtor's largest unsecured creditors include the U.S. Small Business Administration, owed over $487,000; Dakota Western Bank, owed over $394,000, Grasshopper Bank, owed over $343,000; TVT Capital Source LLC, owed $240,000; Glenridge Capital LLC, owed over $130,000; and Byzfunder NY LLC, owed $128,000.
#bank
Subway Sandwich Shop franchisee Cherry ****** e Company, which operates three North Dakota locations, filed for Chapter 11 bankruptcy to reorganize its businesses, according to BankruptcyObserver.
The Regent, N.D.-based Subway franchisee filed its Subchapter V petition in the U.S. Bankruptcy Court for the District of North Dakota on July 21, listing over $19,000 in ****** ets and over $1.8 million in debts, according to court documents.
The debtor did not give a reason for filing for bankruptcy in its petition. Debtor counsel Karl Johnson of MJB Law Firm PLLC was not immediately available for comment.
The debtor's largest unsecured creditors include the U.S. Small Business Administration, owed over $487,000; Dakota Western Bank, owed over $394,000, Grasshopper Bank, owed over $343,000; TVT Capital Source LLC, owed $240,000; Glenridge Capital LLC, owed over $130,000; and Byzfunder NY LLC, owed $128,000.
#bank
5 days ago
Not everyone agrees with Dave Ramsey. His blanket opposition to credit cards and mortgages has drawn plenty of criticism from financial planners who see nuance where Ramsey sees recklessness. Even so, his track record is hard to dismiss.
Ramsey's net worth is most commonly estimated at around $200 million, though his own disclosures suggest the figure is considerably higher. In a late 2025 interview on "The School of Hard Knocks" YouTube channel, he told host James Dumoulin that Ramsey Solutions generated a record $300 million that year and that he owns roughly $850 million in real estate, all accumulated without debt. He went further, stating he is "probably a billionaire." His Ramsey Solutions headquarters campus in Franklin, Tennessee, which was built out over decades on land he paid cash for, is valued at approximately $650 million on its own. Anyone who has ****** embled that kind of enterprise is, at minimum, worth paying attention to.
His core message has remained consistent for decades: debt is the single biggest obstacle standing between ordinary Americans and genuine wealth. As he put it on his Instagram page, "Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you're making everyone else wealthy, and you end up with less money to save and invest for your own future."
Ramsey lumps credit cards, student loans, car payments, and borrowing in general into one category he calls "stupid." The counterargument is obvious: when you are sitting on $850 million in real estate and a media empire reaching 20 million weekly listeners, avoiding debt is far easier than it is for the average household. Still, the underlying logic, that debt diverts income away from saving and investing, holds up regardless of net worth.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#worth #solutions #hard #cards
Ramsey's net worth is most commonly estimated at around $200 million, though his own disclosures suggest the figure is considerably higher. In a late 2025 interview on "The School of Hard Knocks" YouTube channel, he told host James Dumoulin that Ramsey Solutions generated a record $300 million that year and that he owns roughly $850 million in real estate, all accumulated without debt. He went further, stating he is "probably a billionaire." His Ramsey Solutions headquarters campus in Franklin, Tennessee, which was built out over decades on land he paid cash for, is valued at approximately $650 million on its own. Anyone who has ****** embled that kind of enterprise is, at minimum, worth paying attention to.
His core message has remained consistent for decades: debt is the single biggest obstacle standing between ordinary Americans and genuine wealth. As he put it on his Instagram page, "Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you're making everyone else wealthy, and you end up with less money to save and invest for your own future."
Ramsey lumps credit cards, student loans, car payments, and borrowing in general into one category he calls "stupid." The counterargument is obvious: when you are sitting on $850 million in real estate and a media empire reaching 20 million weekly listeners, avoiding debt is far easier than it is for the average household. Still, the underlying logic, that debt diverts income away from saving and investing, holds up regardless of net worth.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#worth #solutions #hard #cards
6 days ago
The AI boom is forcing some of technology's biggest cash machines to behave more like utilities. On July 22, Reuters reported that Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), and three other hyperscalers are expected to spend more on capital expenditures than they generate in combined free cash flow by 2027. From 2025 through 2027, their annual operating cash flow is projected to rise by $340 billion, versus a $534 billion increase in capex. Microsoft and Oracle, however, are not carrying the same risk.
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#Microsoft #fiscal
Microsoft showed the squeeze in fiscal Q2. Operating cash flow was $35.8 billion, while capex including finance leases reached $37.5 billion. That does not mean the company burned cash: Microsoft reported $5.9 billion of conventional free cash flow because that measure deducts cash property and equipment purchases, not newly originated finance leases.
Carol Gauthier/Shutterstock.com
Fiscal Q3, however, was stronger. Operating cash flow rose to $46.7 billion and free cash flow reached $15.8 billion, even after $30.9 billion of cash property and equipment spending. Its AI business also passed a $37 billion annual revenue run rate. Microsoft can finance the buildout. The question is whether Azure and Copilot can generate nice returns before expensive GPUs depreciate or become obsolete.
Oracle has a more immediate cash problem. In fiscal 2026, it spent $55.7 billion on capex against $32 billion of operating cash flow, leaving free cash flow at negative $23.7 billion. Demand is real: cloud revenue grew 39% to $34 billion, and remaining performance obligations reached $638 billion. But backlog is not cash. Oracle must construct capacity before much of that revenue arrives, and plans to raise $45 billion to $50 billion through debt and equity.
#Microsoft #fiscal
6 days ago
Vanguard data shows typical millennial retirement balances are still modest, but time and steady saving could put $1 million within reach.
Under our estimates, a 30-year-old millennial could reach $1 million by age 65 at a 10% total contribution rate.
A 40-year-old millennial may need a total contribution rate closer to 15% to reach $1 million by 65.
For many millennials, millionaire retirement status can feel simultaneously necessary and out of reach. Living costs are high, housing remains expensive, and student debt has weighed on many savers during their prime wealth-building years.
But Vanguard's latest retirement data suggests the picture is not all bleak. Median balances are still modest, but for millennials with decades left to invest, steady contributions and compounding could make a seven-figure retirement balance possible.
#Retirement #million #still #year
Under our estimates, a 30-year-old millennial could reach $1 million by age 65 at a 10% total contribution rate.
A 40-year-old millennial may need a total contribution rate closer to 15% to reach $1 million by 65.
For many millennials, millionaire retirement status can feel simultaneously necessary and out of reach. Living costs are high, housing remains expensive, and student debt has weighed on many savers during their prime wealth-building years.
But Vanguard's latest retirement data suggests the picture is not all bleak. Median balances are still modest, but for millennials with decades left to invest, steady contributions and compounding could make a seven-figure retirement balance possible.
#Retirement #million #still #year
6 days ago
What happened: Bond yields continued to climb on Thursday as oil prices rose amid an escalating conflict in the Middle East.
The 10-year yield (^TNX), used as a benchmark for mortgage and loan rates, rose to 4.7% on Thursday, the highest level since January 2025 The 30-year yield (^TYX) climbed to 5.19%. The long-dated bond notched its longest stretch above 5% since 2007, the year prior to the financial crisis.
Why it's important: Yields on the 10-year and 30-year remained above key psychological levels, raising concerns over mounting debt and sticky inflation as tensions between the US and Iran escalate, with the Strait of Hormuz remaining a major point of contention between the two sides.
What else you need to know: Over the past couple of weeks, investors have largely shrugged off rising oil prices as artificial intelligence became the central theme of economic and market growth.
But increasingly, investors may be anticipating that the Federal Reserve will need to tighten monetary policy, with Polymarket bettors **** igning a 71% probability of a rate hike in 2026.
#thursday #rose #yield #above
The 10-year yield (^TNX), used as a benchmark for mortgage and loan rates, rose to 4.7% on Thursday, the highest level since January 2025 The 30-year yield (^TYX) climbed to 5.19%. The long-dated bond notched its longest stretch above 5% since 2007, the year prior to the financial crisis.
Why it's important: Yields on the 10-year and 30-year remained above key psychological levels, raising concerns over mounting debt and sticky inflation as tensions between the US and Iran escalate, with the Strait of Hormuz remaining a major point of contention between the two sides.
What else you need to know: Over the past couple of weeks, investors have largely shrugged off rising oil prices as artificial intelligence became the central theme of economic and market growth.
But increasingly, investors may be anticipating that the Federal Reserve will need to tighten monetary policy, with Polymarket bettors **** igning a 71% probability of a rate hike in 2026.
#thursday #rose #yield #above
6 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Not paying your credit card bill can quickly lead to costly interest charges and fees. But if you continue to leave your bill unpaid for several months, you could also run the risk of your debt being sent to collections. When debt collectors start calling to claim an unpaid debt, remember that you have protections and rights under the law.
The Fair Debt Collection Practices Act protects you from "deceptive, unfair, and abusive debt collection practices," according to the Federal Trade Commission. Abusive debt collection practices "contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy."
The law prohibits debt collectors from activities like calling you repeatedly or at odd hours, threatening you with violence, disclosing your personal information to third parties, and more. For example, debt collectors cannot contact you before 8 a.m. or after 9 p.m., and they cannot call you more than seven times within a seven-day period.
Debt collectors also are not allowed to tell other people about your debt. Though they may reach out to friends and family members to find out your contact information, they cannot discuss your debt.
#debt #collectors #personal
Not paying your credit card bill can quickly lead to costly interest charges and fees. But if you continue to leave your bill unpaid for several months, you could also run the risk of your debt being sent to collections. When debt collectors start calling to claim an unpaid debt, remember that you have protections and rights under the law.
The Fair Debt Collection Practices Act protects you from "deceptive, unfair, and abusive debt collection practices," according to the Federal Trade Commission. Abusive debt collection practices "contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy."
The law prohibits debt collectors from activities like calling you repeatedly or at odd hours, threatening you with violence, disclosing your personal information to third parties, and more. For example, debt collectors cannot contact you before 8 a.m. or after 9 p.m., and they cannot call you more than seven times within a seven-day period.
Debt collectors also are not allowed to tell other people about your debt. Though they may reach out to friends and family members to find out your contact information, they cannot discuss your debt.
#debt #collectors #personal
6 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Has your savings balance finally hit $100,000? If so, congratulations on reaching this financial milestone! Chances are, you had to apply a combination of discipline and hard work to get here.
Once you've taken a beat to celebrate, you may notice a feeling of uncertainty set in, especially when it comes to deciding where to put the money. You may even feel overwhelmed when you think about spending time opening new accounts and moving the funds around.
It's natural to feel unsure about what to do with such a significant sum of money, considering it doesn't come with an owner's manual. But with that said, there are tried-and-true strategies for prioritizing where your money goes.
If you've got high-interest debt — loans or lines of credit with an annual percentage rate (APR) of 6% or higher — do yourself a big favor and pay it off ASAP. For most people, this will include credit cards, which currently have average interest rates above 21%, and personal loans, which average over 12%.
#money #advertiser #chances
Has your savings balance finally hit $100,000? If so, congratulations on reaching this financial milestone! Chances are, you had to apply a combination of discipline and hard work to get here.
Once you've taken a beat to celebrate, you may notice a feeling of uncertainty set in, especially when it comes to deciding where to put the money. You may even feel overwhelmed when you think about spending time opening new accounts and moving the funds around.
It's natural to feel unsure about what to do with such a significant sum of money, considering it doesn't come with an owner's manual. But with that said, there are tried-and-true strategies for prioritizing where your money goes.
If you've got high-interest debt — loans or lines of credit with an annual percentage rate (APR) of 6% or higher — do yourself a big favor and pay it off ASAP. For most people, this will include credit cards, which currently have average interest rates above 21%, and personal loans, which average over 12%.
#money #advertiser #chances
7 days ago
Utz Brands (NYSE:UTZ) has agreed to be acquired by Germany-based Intersnack Group in a deal valued at approximately $2.9 billion, including debt, with the transaction taking the US salty snack manufacturer private and expanding Intersnack's presence in the North American market.
Intersnack will acquire all outstanding shares of Utz Class A common stock for $14.25 per share in cash. The offer represents a premium of approximately 91% to Utz's July 20 closing price.
Shares of Utz surged almost 90% to about $14 on Tuesday morning.
Following completion of the transaction, Utz will become privately held, with the Rice and Lissette family entities and Intersnack each owning a 50% stake in the company. Utz common stock will no longer be listed on the New York Stock Exchange.
Intersnack, a family-founded and privately owned multinational snack manufacturer, said the acquisition will expand its exposure to the US snacking market, where it currently does not have a presence. The company began as a German potato chip producer in 1968 and has since grown through organic expansion, acquisitions and partnerships across Europe and Oceania.
#Stock #approximately #market
Intersnack will acquire all outstanding shares of Utz Class A common stock for $14.25 per share in cash. The offer represents a premium of approximately 91% to Utz's July 20 closing price.
Shares of Utz surged almost 90% to about $14 on Tuesday morning.
Following completion of the transaction, Utz will become privately held, with the Rice and Lissette family entities and Intersnack each owning a 50% stake in the company. Utz common stock will no longer be listed on the New York Stock Exchange.
Intersnack, a family-founded and privately owned multinational snack manufacturer, said the acquisition will expand its exposure to the US snacking market, where it currently does not have a presence. The company began as a German potato chip producer in 1968 and has since grown through organic expansion, acquisitions and partnerships across Europe and Oceania.
#Stock #approximately #market
7 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Not paying your credit card bill can quickly lead to costly interest charges and fees. But if you continue to leave your bill unpaid for several months, you could also run the risk of your debt being sent to collections. When debt collectors start calling to claim an unpaid debt, remember that you have protections and rights under the law.
The Fair Debt Collection Practices Act protects you from "deceptive, unfair, and abusive debt collection practices," according to the Federal Trade Commission. Abusive debt collection practices "contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy."
The law prohibits debt collectors from activities like calling you repeatedly or at odd hours, threatening you with violence, disclosing your personal information to third parties, and more. For example, debt collectors cannot contact you before 8 a.m. or after 9 p.m., and they cannot call you more than seven times within a seven-day period.
Debt collectors also are not allowed to tell other people about your debt. Though they may reach out to friends and family members to find out your contact information, they cannot discuss your debt.
#collection
Not paying your credit card bill can quickly lead to costly interest charges and fees. But if you continue to leave your bill unpaid for several months, you could also run the risk of your debt being sent to collections. When debt collectors start calling to claim an unpaid debt, remember that you have protections and rights under the law.
The Fair Debt Collection Practices Act protects you from "deceptive, unfair, and abusive debt collection practices," according to the Federal Trade Commission. Abusive debt collection practices "contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy."
The law prohibits debt collectors from activities like calling you repeatedly or at odd hours, threatening you with violence, disclosing your personal information to third parties, and more. For example, debt collectors cannot contact you before 8 a.m. or after 9 p.m., and they cannot call you more than seven times within a seven-day period.
Debt collectors also are not allowed to tell other people about your debt. Though they may reach out to friends and family members to find out your contact information, they cannot discuss your debt.
#collection
7 days ago
MILAN, July 21 (Reuters) - A Milan court has rejected a request for precautionary measures filed by Telecom Italia (TIM) against KKR-backed FiberCop over new tariffs for access to Italy's main fixed-line telecoms network, grid owner FiberCop said.
The dispute centres on the terms governing TIM's access to the fixed-line network it sold to a KKR-led consortium in 2024 under a restructuring aimed at cutting the former phone monopoly's debt.
TIM had asked the court, under a fast-track procedure, to order FiberCop to notify telecoms regulator AGCOM of the economic conditions set out in a long-term service agreement governing TIM's access to the network ****** ets.
In a ruling issued on Tuesday, the Milan court rejected TIM's request, saying the interpretation of the Master Service Agreement (MSA) put forward by TIM was not supported by the contract, FiberCop said in a statement.
TIM declined to comment.
#fibercop
The dispute centres on the terms governing TIM's access to the fixed-line network it sold to a KKR-led consortium in 2024 under a restructuring aimed at cutting the former phone monopoly's debt.
TIM had asked the court, under a fast-track procedure, to order FiberCop to notify telecoms regulator AGCOM of the economic conditions set out in a long-term service agreement governing TIM's access to the network ****** ets.
In a ruling issued on Tuesday, the Milan court rejected TIM's request, saying the interpretation of the Master Service Agreement (MSA) put forward by TIM was not supported by the contract, FiberCop said in a statement.
TIM declined to comment.
#fibercop
