35 mins. ago
Circle—the company behind USDC (the digital dollar used by millions worldwide for payments, savings, and international transfers)—just bought the blockchain patent library IBM spent more than a decade building. The deal, announced July 27, hands Circle over 1,000 blockchain patents issued by IBM worldwide.
Patents are legal rights that give the holder exclusive control over a specific invention. If you hold a patent on a method for processing transactions on a blockchain—the shared digital ledger where crypto activity is permanently recorded and can't be altered—you get to decide who else uses it and on what terms. IBM had been building that kind of leverage since its mid-2010s enterprise blockchain push.
By December 2025, patent ******* ytics firm PatSnap credited IBM with 790 U.S. blockchain patents—more than any other American company, with Bank of America a distant second at roughly 200. Circle, which received its first-ever patent in December 2023 (covering parallel blockchain data processing—a technique for verifying multiple groups of transactions simultaneously), went from essentially zero to the top of the U.S. rankings overnight.
"The portfolio comprises over 680 patent families and nearly 1,000 issued patents worldwide, spanning foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations," Circle said in its official announcement.
Circle plans to put them to work across its entire stack. "The expanded IP position directly supports Circle's foundation for building the internet financial system, including USDC, Circle Payments Network, Arc, and a growing suite of onchain products and agentic financial tools," the company added. Arc is Circle's own payment-focused blockchain built for institutional finance. The agentic tools are AI-powered software programs that can execute financial transactions autonomously—no human required for each step.
#building
Patents are legal rights that give the holder exclusive control over a specific invention. If you hold a patent on a method for processing transactions on a blockchain—the shared digital ledger where crypto activity is permanently recorded and can't be altered—you get to decide who else uses it and on what terms. IBM had been building that kind of leverage since its mid-2010s enterprise blockchain push.
By December 2025, patent ******* ytics firm PatSnap credited IBM with 790 U.S. blockchain patents—more than any other American company, with Bank of America a distant second at roughly 200. Circle, which received its first-ever patent in December 2023 (covering parallel blockchain data processing—a technique for verifying multiple groups of transactions simultaneously), went from essentially zero to the top of the U.S. rankings overnight.
"The portfolio comprises over 680 patent families and nearly 1,000 issued patents worldwide, spanning foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations," Circle said in its official announcement.
Circle plans to put them to work across its entire stack. "The expanded IP position directly supports Circle's foundation for building the internet financial system, including USDC, Circle Payments Network, Arc, and a growing suite of onchain products and agentic financial tools," the company added. Arc is Circle's own payment-focused blockchain built for institutional finance. The agentic tools are AI-powered software programs that can execute financial transactions autonomously—no human required for each step.
#building
60 mins. ago
Aliyah Boston had to be helped off the floor with an apparent right knee injury during the second quarter of Tuesday's Indiana Fever game vs. the Seattle Storm.
Boston was moving to the lane to receive a Caitlin Clark pass when she tripped over Flau'jae Johnson's foot. She appeared to land directly on her right knee and immediately grabbed at it in pain.
Players from both teams quickly surrounded Boston as the team trainer rushed out to check on her. She was helped off the floor and taken directly to the locker room.
Boston had has 11 points, two rebounds, an ***** ist and a steal through 10:38. She will likely be replaced at the 5 by a combination of Monique Billings and Makayla Timpson. Billings is off to a strong start vs. the Storm, scoring 12 points and six rebounds in 15:57.
"AB is just AB," Fever guard Sophie Cunningham said during a halftime interview with ESPN. "She's an All-Star. She's one-of-a-kind. She's gonna be a hall of famer one day. So that's a load for all of us to try and pick up. We're trying to keep the energy, keep the vibes high. We're gonna be OK. I think AB's gonna be OK, too. But we have to focus on this game. We need to get it for her."
#boston #we 're #right #knee
Boston was moving to the lane to receive a Caitlin Clark pass when she tripped over Flau'jae Johnson's foot. She appeared to land directly on her right knee and immediately grabbed at it in pain.
Players from both teams quickly surrounded Boston as the team trainer rushed out to check on her. She was helped off the floor and taken directly to the locker room.
Boston had has 11 points, two rebounds, an ***** ist and a steal through 10:38. She will likely be replaced at the 5 by a combination of Monique Billings and Makayla Timpson. Billings is off to a strong start vs. the Storm, scoring 12 points and six rebounds in 15:57.
"AB is just AB," Fever guard Sophie Cunningham said during a halftime interview with ESPN. "She's an All-Star. She's one-of-a-kind. She's gonna be a hall of famer one day. So that's a load for all of us to try and pick up. We're trying to keep the energy, keep the vibes high. We're gonna be OK. I think AB's gonna be OK, too. But we have to focus on this game. We need to get it for her."
#boston #we 're #right #knee
1 hr. ago
Aliyah Boston had to be helped off the floor with an apparent right knee injury during the second quarter of Tuesday's Indiana Fever game vs. the Seattle Storm.
Boston was moving to the lane to receive a Caitlin Clark pass when she tripped over Flau'jae Johnson's foot. She appeared to land directly on her right knee and immediately grabbed at it in pain.
Players from both teams quickly surrounded Boston as the team trainer rushed out to check on her. She was helped off the floor and taken directly to the locker room.
Boston had has 11 points, two rebounds, an ***** ist and a steal through 10:38. She will likely be replaced at the 5 by a combination of Monique Billings and Makayla Timpson. Billings is off to a strong start vs. the Storm, scoring 12 points and six rebounds in 15:57.
Boston has been managing a right lower leg injury that's caused her to miss three games this season.
#storm #floor #directly #points
Boston was moving to the lane to receive a Caitlin Clark pass when she tripped over Flau'jae Johnson's foot. She appeared to land directly on her right knee and immediately grabbed at it in pain.
Players from both teams quickly surrounded Boston as the team trainer rushed out to check on her. She was helped off the floor and taken directly to the locker room.
Boston had has 11 points, two rebounds, an ***** ist and a steal through 10:38. She will likely be replaced at the 5 by a combination of Monique Billings and Makayla Timpson. Billings is off to a strong start vs. the Storm, scoring 12 points and six rebounds in 15:57.
Boston has been managing a right lower leg injury that's caused her to miss three games this season.
#storm #floor #directly #points
7 hours ago
The Detroit Lions open their 2026 training camp on Wednesday, and on Tuesday, their veterans reported to the team's Allen Park training facility. As players rejoin the team, it's common for the team to make a few last-minute transactions in preparation for camp. Earlier in the week, we saw the Lions place three players on the Physically Unable to Perform (PUP) list, and on Tuesday, they placed Christian Mahogany on the Non-Football Injury (NFI) list, Christian Izien on the Non-Football Illness (NFI) list, and released veteran nose tackle Jay Tufele.
If you're not familiar with the difference between the lists, which list a player lands on is based on where they were injured and the type of injury. If a player was hurt while participating in an activity directly related to the NFL (games, practices, workouts, etc.), they land on the PUP list. If a player was injured in a non-NFL activity (which can include private workouts or in their personal life), they land on the NFI (injury) list. If a player is dealing with an illness (which can range from having the flu or Mononucleosis—like Mahogany had as a rookie—or even more serious illnesses), they land in the NFI (illness) category.
These lists also have some similarities as well. Like with the PUP list, placing a player on either NFI list at this stage does not require them to miss any games. They are restricted from practicing while on the injury lists, but players are also eligible to be removed from any of these lists at any time if a team believes a player is healthy enough to begin practicing. However, if a player remains on any of the lists through roster cutdowns, they will be forced to miss the first four games of the regular season.
Mahogany returns to Detroit this season expecting to work to retain his starting left guard job, so any absence will certainly hinder his ability to compete for that role. While he is out, look for either veteran Ben Bartch, second-year lineman Miles Frazier, or recently traded-for Juice Scruggs to try to seize the opportunity in front of them.
Izien joined the Lions this offseason and was working with the starting safeties in the spring as he was trying to acclimate to the Lions' scheme quickly, as he was also expected to compete for a starting role with Brian Branch and Kerby Joseph on the PUP list. While Izien misses time, Thomas Harper and Avonte Maddox, along with veteran Chuck Clark, should have great opportunities to get into the starting rotation at practice.
#lists #players
If you're not familiar with the difference between the lists, which list a player lands on is based on where they were injured and the type of injury. If a player was hurt while participating in an activity directly related to the NFL (games, practices, workouts, etc.), they land on the PUP list. If a player was injured in a non-NFL activity (which can include private workouts or in their personal life), they land on the NFI (injury) list. If a player is dealing with an illness (which can range from having the flu or Mononucleosis—like Mahogany had as a rookie—or even more serious illnesses), they land in the NFI (illness) category.
These lists also have some similarities as well. Like with the PUP list, placing a player on either NFI list at this stage does not require them to miss any games. They are restricted from practicing while on the injury lists, but players are also eligible to be removed from any of these lists at any time if a team believes a player is healthy enough to begin practicing. However, if a player remains on any of the lists through roster cutdowns, they will be forced to miss the first four games of the regular season.
Mahogany returns to Detroit this season expecting to work to retain his starting left guard job, so any absence will certainly hinder his ability to compete for that role. While he is out, look for either veteran Ben Bartch, second-year lineman Miles Frazier, or recently traded-for Juice Scruggs to try to seize the opportunity in front of them.
Izien joined the Lions this offseason and was working with the starting safeties in the spring as he was trying to acclimate to the Lions' scheme quickly, as he was also expected to compete for a starting role with Brian Branch and Kerby Joseph on the PUP list. While Izien misses time, Thomas Harper and Avonte Maddox, along with veteran Chuck Clark, should have great opportunities to get into the starting rotation at practice.
#lists #players
7 hours 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
8 hours ago
Welcome to SB Nation Reacts, a survey of fans across MLB. Throughout the year we ask questions of the most plugged-in Orioles fans and fans across the country. Sign up here to participate in the weekly emailed surveys.
During the recent Orioles press conference about the Kyle Bradish contract extension, principal owner David Rubenstein said of his president of baseball operations Mike Elias that "we couldn't be more pleased" regarding the job that he has done.
Taking that at face value, the question has been answered, Elias will remain the boss of the Orioles front office no matter what happens with the remainder of the season. There are plenty of examples across the sports landscape of why not to take those kinds of proclamations at face value. The "dreaded vote of confidence" is its own recognized part of the manager/GM hot seat. Almost ****** ody ever directly says, "Things need to improve or we're going to fire this guy." They just say nice things when asked and fire the person when they want to fire them.
In this week's survey question, I want to know what you think is going to happen. Is Elias going to be around for next year, or not? Vote in the poll here:
I have thought for a while that if the Orioles do not make the postseason this year, then Elias should be gone at the end of the season. Let someone else figure this thing out, because his answers aren't getting the Orioles where they need to be.
#orioles #going #survey
During the recent Orioles press conference about the Kyle Bradish contract extension, principal owner David Rubenstein said of his president of baseball operations Mike Elias that "we couldn't be more pleased" regarding the job that he has done.
Taking that at face value, the question has been answered, Elias will remain the boss of the Orioles front office no matter what happens with the remainder of the season. There are plenty of examples across the sports landscape of why not to take those kinds of proclamations at face value. The "dreaded vote of confidence" is its own recognized part of the manager/GM hot seat. Almost ****** ody ever directly says, "Things need to improve or we're going to fire this guy." They just say nice things when asked and fire the person when they want to fire them.
In this week's survey question, I want to know what you think is going to happen. Is Elias going to be around for next year, or not? Vote in the poll here:
I have thought for a while that if the Orioles do not make the postseason this year, then Elias should be gone at the end of the season. Let someone else figure this thing out, because his answers aren't getting the Orioles where they need to be.
#orioles #going #survey
9 hours ago
The Philadelphia Eagles took a massive step back last season. From winning the Super Bowl to bowing out in the Wild Card Round of the playoffs, the letdown was massive for the entire team. Given the state of the offense, a lot of the blame fell directly on Jalen Hurts.
Despite his resume, the dual-threat quarterback has been the subject of a ton of criticism. With some obvious flaws in his game, many believe this could be a make-or-break year for him. However, a franchise icon still remains one of his staunchest supporters.
Hurts' resume is hard to match. A three-time Pro Bowler, who finished in the top two in MVP once, the Eagles star has a lot of upsides to his game. Since he became the season-long starter in 2021, the team has never missed the playoffs.
But this past year, the negatives were more ****** ounced than ever. With wide receiver A.J. Brown shouting from the rooftops about the state of the offense, the blame fell squarely on Hurts as they ranked near the bottom of the league in three-and-out possessions.
LeSean McCoy, though, still believes Hurts can be the answer for the Eagles. During the latest episode of "Speakeasy," he offered a comprehensive defense of the three-time Pro Bowler, even comparing him to another elite quarterback, Joe Burrow.
#three #massive #playoffs #offense
Despite his resume, the dual-threat quarterback has been the subject of a ton of criticism. With some obvious flaws in his game, many believe this could be a make-or-break year for him. However, a franchise icon still remains one of his staunchest supporters.
Hurts' resume is hard to match. A three-time Pro Bowler, who finished in the top two in MVP once, the Eagles star has a lot of upsides to his game. Since he became the season-long starter in 2021, the team has never missed the playoffs.
But this past year, the negatives were more ****** ounced than ever. With wide receiver A.J. Brown shouting from the rooftops about the state of the offense, the blame fell squarely on Hurts as they ranked near the bottom of the league in three-and-out possessions.
LeSean McCoy, though, still believes Hurts can be the answer for the Eagles. During the latest episode of "Speakeasy," he offered a comprehensive defense of the three-time Pro Bowler, even comparing him to another elite quarterback, Joe Burrow.
#three #massive #playoffs #offense
9 hours ago
By Jonathan Saul, Parisa Hafezi, Timour Azhari and Chen Aizhu
LONDON/DUBAI, July 28 (Reuters) - China has held direct talks with Yemen's Houthi movement to enable its tankers to sail through the southern Red Sea without being attacked after the Iran-aligned militia pledged to prevent access to Saudi ports, six sources with knowledge of the matter have said.
The Houthis declared their blockade on July 20, opening a new front against the U.S. and its allies in the Iran war and expanding attacks on tankers carrying energy and other supplies to markets beyond the Middle East.
Beijing has asked the Houthis directly to promise safe passage for its tankers, according to the sources, who included a senior Iranian official.
China was among the first countries to contact the Houthis directly about transits through Bab el-Mandeb, the strait at the southern end of the Red Sea with Yemen on its eastern bank, said the sources, who declined to be identified due to the sensitivity of the matter.
#tankers
LONDON/DUBAI, July 28 (Reuters) - China has held direct talks with Yemen's Houthi movement to enable its tankers to sail through the southern Red Sea without being attacked after the Iran-aligned militia pledged to prevent access to Saudi ports, six sources with knowledge of the matter have said.
The Houthis declared their blockade on July 20, opening a new front against the U.S. and its allies in the Iran war and expanding attacks on tankers carrying energy and other supplies to markets beyond the Middle East.
Beijing has asked the Houthis directly to promise safe passage for its tankers, according to the sources, who included a senior Iranian official.
China was among the first countries to contact the Houthis directly about transits through Bab el-Mandeb, the strait at the southern end of the Red Sea with Yemen on its eastern bank, said the sources, who declined to be identified due to the sensitivity of the matter.
#tankers
10 hours ago
Lisa Rinna commented on Bryce Alakai's TikTok, saying he resembles her husband Harry Hamlin and could be their "son"
Rinna joked her daughters Amelia and Delilah would cringe at her comment but said "whatever" about their reaction
Bryce Alakai, who won Love Island, liked Rinna's comment but did not respond directly to her message
Lisa Rinna's daughters might be cringing after the reality TV star shared just how much a certain Love Island star looks like her husband.
The Real Housewives of Beverly Hills alum, 63, left a comment on Bryce Alakai's TikTok from Monday, July 27, introducing herself to the Love Island alum and sharing that he looks just like her husband, Harry Hamlin, 74.
#bryce #comment #lisa #hamlin
Rinna joked her daughters Amelia and Delilah would cringe at her comment but said "whatever" about their reaction
Bryce Alakai, who won Love Island, liked Rinna's comment but did not respond directly to her message
Lisa Rinna's daughters might be cringing after the reality TV star shared just how much a certain Love Island star looks like her husband.
The Real Housewives of Beverly Hills alum, 63, left a comment on Bryce Alakai's TikTok from Monday, July 27, introducing herself to the Love Island alum and sharing that he looks just like her husband, Harry Hamlin, 74.
#bryce #comment #lisa #hamlin
10 hours ago
Morgan Stanley's new spot Solana ETF (MSOL) holds actual SOL tokens on NYSE Arca and charges a competitive 0.14% annual fee.
SOL has dropped 41% year-to-date and 60% over the past year, making MSOL a high-risk bet despite 136% gains over five years.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Morgan Stanley has entered the spot crypto ETF market with the launch of the Morgan Stanley Solana Trust (NYSEARCA:MSOL), a fund that holds actual Solana tokens and is listed on NYSE Arca. It is the firm's first exchange-traded product tied directly to a single cryptocurrency, and it arrives at a moment when Solana, the blockchain once best known for hosting meme coins, is trying to sell itself to Wall Street as serious financial infrastructure.
The trust charges a unitary Delegated Sponsor Fee accrued daily at an annualized rate of 0.14% of the Trust's net ****** et value, or about $14 a year on a $10,000 investment. According to the prospectus, Morgan Stanley Investment Management Inc. agrees to pay the trust's ordinary operating expenses out of that fee, excluding taxes and extraordinary or litigation expenses. The sponsor is a wholly owned subsidiary of Morgan Stanley, one of the largest ****** et managers in the world.
#sponsor
SOL has dropped 41% year-to-date and 60% over the past year, making MSOL a high-risk bet despite 136% gains over five years.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Morgan Stanley has entered the spot crypto ETF market with the launch of the Morgan Stanley Solana Trust (NYSEARCA:MSOL), a fund that holds actual Solana tokens and is listed on NYSE Arca. It is the firm's first exchange-traded product tied directly to a single cryptocurrency, and it arrives at a moment when Solana, the blockchain once best known for hosting meme coins, is trying to sell itself to Wall Street as serious financial infrastructure.
The trust charges a unitary Delegated Sponsor Fee accrued daily at an annualized rate of 0.14% of the Trust's net ****** et value, or about $14 a year on a $10,000 investment. According to the prospectus, Morgan Stanley Investment Management Inc. agrees to pay the trust's ordinary operating expenses out of that fee, excluding taxes and extraordinary or litigation expenses. The sponsor is a wholly owned subsidiary of Morgan Stanley, one of the largest ****** et managers in the world.
#sponsor
10 hours ago
Sophie Cunningham has won a lot of supporters away from the hardwood this month thanks to her comments on transgender athletes, but just as she has doubled-down, one of her closest friends since childhood in Columbia, Missouri has declared he isn't on her bandwagon.
West Wilson, Cunningham's friend since high school, serves as her co-host on the Show Me Something podcast. Over the weekend, he posted a viral TikTok video in defense of trans athletes.
"Transgender athletes in American sports is such a borderline non-existent issue. Right-wingers have convinced a massive portion of people in our country that these people are, like, a threat to sports in America, when mathematically it's not the case at all," said Wilson, 31. Fans of the reality show Summer House may remember Wilson as one of the housemates. And just like on TV, he's not shy about his opinion on this divisive issue.
"By continuing to platform this, ***** politicians, athletes, journalists, news outlets, you're only isolating transgender people even more by making them seem like this giant group of people is a threat to society, a threat to sports, when that's just not proportionately the truth in any capacity."
While not addressing Cunningham directly, he made it clear he thinks rants like hers are "dumb."
#like #show
West Wilson, Cunningham's friend since high school, serves as her co-host on the Show Me Something podcast. Over the weekend, he posted a viral TikTok video in defense of trans athletes.
"Transgender athletes in American sports is such a borderline non-existent issue. Right-wingers have convinced a massive portion of people in our country that these people are, like, a threat to sports in America, when mathematically it's not the case at all," said Wilson, 31. Fans of the reality show Summer House may remember Wilson as one of the housemates. And just like on TV, he's not shy about his opinion on this divisive issue.
"By continuing to platform this, ***** politicians, athletes, journalists, news outlets, you're only isolating transgender people even more by making them seem like this giant group of people is a threat to society, a threat to sports, when that's just not proportionately the truth in any capacity."
While not addressing Cunningham directly, he made it clear he thinks rants like hers are "dumb."
#like #show
19 hours ago
Liverpool's interest in Bradley Barcola has become one of the most discussed stories of the current market, and Fabrizio Romano has now offered a pointed update on where things stand. In his latest discussion, Romano urged caution on the speed of any potential move, while making clear that the situation is alive and developing.
According to Fabrizio Romano, the key message for now is patience. He said, "many questions again tonight. I understand the excitement of Liverpool fans. I will tell you more tomorrow, but what I can say tonight as an update is don't expect something something imminent."
That line is central to the current picture around Barcola, Liverpool and PSG. The noise around the situation has grown quickly, but Romano was careful to stress that the pace of events should not be misread.
Romano addressed the intensity of the reaction around the winger directly. His wording left little room for misunderstanding as he explained, "So, I know that now everyone is jumping on the story. No one was caring about the Barcola in Liverpool in April, in May, in June, in July. Now, everyone is jumping on the story, but it doesn't mean that Liverpool signed Barcola today."
That is the current state of play as described by Romano. The conversation around Bradley Barcola and Liverpool may be gathering momentum publicly, but there is no suggestion from his update that an agreement has been completed or that a breakthrough is expected immediately.
#barcola #bradley #fabrizio
According to Fabrizio Romano, the key message for now is patience. He said, "many questions again tonight. I understand the excitement of Liverpool fans. I will tell you more tomorrow, but what I can say tonight as an update is don't expect something something imminent."
That line is central to the current picture around Barcola, Liverpool and PSG. The noise around the situation has grown quickly, but Romano was careful to stress that the pace of events should not be misread.
Romano addressed the intensity of the reaction around the winger directly. His wording left little room for misunderstanding as he explained, "So, I know that now everyone is jumping on the story. No one was caring about the Barcola in Liverpool in April, in May, in June, in July. Now, everyone is jumping on the story, but it doesn't mean that Liverpool signed Barcola today."
That is the current state of play as described by Romano. The conversation around Bradley Barcola and Liverpool may be gathering momentum publicly, but there is no suggestion from his update that an agreement has been completed or that a breakthrough is expected immediately.
#barcola #bradley #fabrizio
19 hours ago
WEST LAFAYETTE -- Mike Bobinski wants his successor as Purdue athletic director to know what sort of place they are walking into.
"A sane environment in a relatively insane time in this world," Bobinski called Purdue during a media roundtable on Monday. The Boilermakers' AD for the past 10 years sat for his first interview since announcing June 3 he will retire on Dec. 31.
The decision put the wheels in motion to find only the third person to occupy that role in the past 33 years. The Purdue Board of Trustees hired executive search firm DHR Global to **** ist the process. Interviews are imminent. This accelerated timeline would allow Bobinski's successor to settle in alongside the outgoing AD for a transitional period.
Bobinski's decade in charge spanned a transformative, and at times tumultuous, period in college sports. The Big Ten emerged from the COVID-19 pandemic and expanded to the west coast. Then came name, image and likeness compensation, followed by paying athletes directly through revenue share.
The economic structure under which Bobinski began his tenure -- or even the one under which Purdue football went to the Big Ten championship game in 2022 -- bears almost no resemblance to the one under which he exits.
#purdue #past #years #mike
"A sane environment in a relatively insane time in this world," Bobinski called Purdue during a media roundtable on Monday. The Boilermakers' AD for the past 10 years sat for his first interview since announcing June 3 he will retire on Dec. 31.
The decision put the wheels in motion to find only the third person to occupy that role in the past 33 years. The Purdue Board of Trustees hired executive search firm DHR Global to **** ist the process. Interviews are imminent. This accelerated timeline would allow Bobinski's successor to settle in alongside the outgoing AD for a transitional period.
Bobinski's decade in charge spanned a transformative, and at times tumultuous, period in college sports. The Big Ten emerged from the COVID-19 pandemic and expanded to the west coast. Then came name, image and likeness compensation, followed by paying athletes directly through revenue share.
The economic structure under which Bobinski began his tenure -- or even the one under which Purdue football went to the Big Ten championship game in 2022 -- bears almost no resemblance to the one under which he exits.
#purdue #past #years #mike
19 hours ago
WEST LAFAYETTE -- Mike Bobinski wants his successor as Purdue athletic director to know what sort of place they are walking into.
"A sane environment in a relatively insane time in this world," Bobinski called Purdue during a media roundtable on Monday. The Boilermakers' AD for the past 10 years sat for his first interview since announcing June 3 he will retire on Dec. 31.
The decision put the wheels in motion to find only the third person to occupy that role in the past 33 years. The Purdue Board of Trustees hired executive search firm DHR Global to ****** ist the process. Interviews are imminent. This accelerated timeline would allow Bobinski's successor to settle in alongside the outgoing AD for a transitional period.
Bobinski's decade in charge spanned a transformative, and at times tumultuous, period in college sports. The Big Ten emerged from the COVID-19 pandemic and expanded to the west coast. Then came name, image and likeness compensation, followed by paying athletes directly through revenue share.
The economic structure under which Bobinski began his tenure -- or even the one under which Purdue football went to the Big Ten championship game in 2022 -- bears almost no resemblance to the one under which he exits.
#west #successor #years #lafayette
"A sane environment in a relatively insane time in this world," Bobinski called Purdue during a media roundtable on Monday. The Boilermakers' AD for the past 10 years sat for his first interview since announcing June 3 he will retire on Dec. 31.
The decision put the wheels in motion to find only the third person to occupy that role in the past 33 years. The Purdue Board of Trustees hired executive search firm DHR Global to ****** ist the process. Interviews are imminent. This accelerated timeline would allow Bobinski's successor to settle in alongside the outgoing AD for a transitional period.
Bobinski's decade in charge spanned a transformative, and at times tumultuous, period in college sports. The Big Ten emerged from the COVID-19 pandemic and expanded to the west coast. Then came name, image and likeness compensation, followed by paying athletes directly through revenue share.
The economic structure under which Bobinski began his tenure -- or even the one under which Purdue football went to the Big Ten championship game in 2022 -- bears almost no resemblance to the one under which he exits.
#west #successor #years #lafayette
19 hours ago
A tribute to Lyon culture.
This Tuesday morning, OL unveiled its third kit for the 2026-27 season.
A jersey directly inspired by funk, of which Lyon is unofficially the French capital.
Circular patterns, referencing vinyl records and their grooves, have been added to the background of the shirt.
But the real original touch is found on the OL crest, the Adidas logo, and the three stripes on the sleeves. All three elements are very colorful, with psychedelic patterns typical of funk music.
#funk #tuesday #french #circular
This Tuesday morning, OL unveiled its third kit for the 2026-27 season.
A jersey directly inspired by funk, of which Lyon is unofficially the French capital.
Circular patterns, referencing vinyl records and their grooves, have been added to the background of the shirt.
But the real original touch is found on the OL crest, the Adidas logo, and the three stripes on the sleeves. All three elements are very colorful, with psychedelic patterns typical of funk music.
#funk #tuesday #french #circular
19 hours ago
Eintracht Frankfurt's previously reported signing of Brazilian centre back Otávio has been officially confirmed. Almost all reliable German footballing media sources confirm that the Bundesliga club has paid €4.5m to secure the 20-year-old's services. Otávio's new contract in Hessen runs through 2031. The new signing shall receive a chance to work directly ahead of his countryman Kaua Santos, who currently competes with Michael Zetterer for the No. 1 slot in goal.
"With Otávio, we're bringing in a young and highly talented center back with a lot of potential for development," SGE sporting director Timmo Hrdung noted in a club statement. "He's left-footed, tall, athletic, and fast, and combines that with a strong defensive mindset—something we specifically want to strengthen in our squad. We're convinced that he'll enjoy plenty of success here at Eintracht."
"Joining a club with such a rich tradition – one that regularly competes in major tournaments – is a dream come true and a very important step in my career," the player himself added. "I'd like to thank everyone who believes in me and has been part of my journey so far. Now a new challenge begins. I arrive with a strong determination and am ready for this challenge."
GGFN | Peter Weis
#we 're #brazilian
"With Otávio, we're bringing in a young and highly talented center back with a lot of potential for development," SGE sporting director Timmo Hrdung noted in a club statement. "He's left-footed, tall, athletic, and fast, and combines that with a strong defensive mindset—something we specifically want to strengthen in our squad. We're convinced that he'll enjoy plenty of success here at Eintracht."
"Joining a club with such a rich tradition – one that regularly competes in major tournaments – is a dream come true and a very important step in my career," the player himself added. "I'd like to thank everyone who believes in me and has been part of my journey so far. Now a new challenge begins. I arrive with a strong determination and am ready for this challenge."
GGFN | Peter Weis
#we 're #brazilian
23 hours ago
Curtis Mead's debut with the Boston Red Sox did not go as planned on Monday night.
Mead left the Red Sox's 4-2 win over the Athletics early after being hit in the hand by a pitch. Mead was up to bat in the fourth inning of the contest at Sutter Health Park when a pitch from Athletics starter Jack Perkins came up and drilled him directly in his left hand.
Mead was clearly in significant pain as he walked it off, and he was quickly replaced by Anthony Seigler.
Curtis Mead left the game in his Red Sox debut after being hit by a pitch on the hand
Mead was acquired from the Nationals on July 25th pic.twitter.com/DXhS6aEY6b
Further specifics of the injury are not yet known.
#curtis #Monday #sutter
Mead left the Red Sox's 4-2 win over the Athletics early after being hit in the hand by a pitch. Mead was up to bat in the fourth inning of the contest at Sutter Health Park when a pitch from Athletics starter Jack Perkins came up and drilled him directly in his left hand.
Mead was clearly in significant pain as he walked it off, and he was quickly replaced by Anthony Seigler.
Curtis Mead left the game in his Red Sox debut after being hit by a pitch on the hand
Mead was acquired from the Nationals on July 25th pic.twitter.com/DXhS6aEY6b
Further specifics of the injury are not yet known.
#curtis #Monday #sutter
24 hours ago
A $29,000 XRP position today could reach $1 million by 2035 only if the coin hits $38, requiring a $2.4 trillion market cap.
About 73% of XRP wallets hold fewer than 100 coins worth roughly $110 today, leaving most holders far short of any retirement target.
XRP's 70% price drop over one year proves why selling at your target and moving proceeds into stable ***** ets beats drawing income directly from crypto.
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.
Say you want to retire in the next decade or two and you want crypto to fund it. XRP (CRYPTO:XRP) is one of the top digital ***** ets worth a shout, since it is Ripple's native token and the bridge ***** et that settles payments across its cross-border network, so the utility is there.
#target #assets #want
About 73% of XRP wallets hold fewer than 100 coins worth roughly $110 today, leaving most holders far short of any retirement target.
XRP's 70% price drop over one year proves why selling at your target and moving proceeds into stable ***** ets beats drawing income directly from crypto.
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.
Say you want to retire in the next decade or two and you want crypto to fund it. XRP (CRYPTO:XRP) is one of the top digital ***** ets worth a shout, since it is Ripple's native token and the bridge ***** et that settles payments across its cross-border network, so the utility is there.
#target #assets #want
1 day ago
Alejandro Kirk completely lost his grip on Monday night and managed to shatter a glass window inside of Nationals Park.
The Toronto Blue Jays catcher, in the fifth inning of their 3-2 win over Washington, missed on a swing and sent his bat flying behind him after letting it go accidentally. The bat went straight into the camera well in the Toronto dugout behind him and smashed a window.
Thankfully, everyone in the area was fine and the glass didn't go flying — though the bat did go directly over MLB's Hazel Mae's head.
Kirk ended up striking out in the at-bat, though the Blue Jays were up 3-1 at the time. The Nationals cut it to a one-run game in the bottom of the inning after a Andres Chaparro homer, but that was as close as they got.
Kirk did not get a hit in his three at-bats in the win. He's holding a .224 batting average with three home runs and 12 RBI.
#toronto
The Toronto Blue Jays catcher, in the fifth inning of their 3-2 win over Washington, missed on a swing and sent his bat flying behind him after letting it go accidentally. The bat went straight into the camera well in the Toronto dugout behind him and smashed a window.
Thankfully, everyone in the area was fine and the glass didn't go flying — though the bat did go directly over MLB's Hazel Mae's head.
Kirk ended up striking out in the at-bat, though the Blue Jays were up 3-1 at the time. The Nationals cut it to a one-run game in the bottom of the inning after a Andres Chaparro homer, but that was as close as they got.
Kirk did not get a hit in his three at-bats in the win. He's holding a .224 batting average with three home runs and 12 RBI.
#toronto
1 day ago
BTCI's monthly payouts dropped from $1.04 to $0.65 in 2026, shrinking the forward yield to 8% versus a misleading 40% trailing headline.
Down 23% year to date with a -2% average annual return since inception, BTCI cushions Bitcoin losses but cannot prevent negative total returns.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The NEOS Bitcoin High Income ETF (CBOE:BTCI) markets itself as a way to earn equity-like income from Bitcoin's volatility. BTCI pays monthly, uses a synthetic covered call overlay on Bitcoin exposure, and has distributed at rates translating into a headline yield well above 15%. This piece examines how BTCI generates that cash flow, whether the current distribution level is durable, and what trailing price action reveals about total returns.
This Bitcoin-oriented vehicle holds BTC exposure indirectly rather than through spot coins. According to the fund's holdings snapshot, roughly 56% of **** ets sit in U.S. Treasury bills, with Bitcoin exposure coming through positions in iShares Bitcoin Trust (roughly 13%) and VanEck's HODL (roughly 7%). The manager writes call options on Bitcoin ETFs and may layer in bear call spreads, a structure described in fund coverage as a synthetic covered call approach. BTCI's design aims to generate income while maintaining indirect exposure to Bitcoin price movements.
#btci
Down 23% year to date with a -2% average annual return since inception, BTCI cushions Bitcoin losses but cannot prevent negative total returns.
Don't wait: the **** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The NEOS Bitcoin High Income ETF (CBOE:BTCI) markets itself as a way to earn equity-like income from Bitcoin's volatility. BTCI pays monthly, uses a synthetic covered call overlay on Bitcoin exposure, and has distributed at rates translating into a headline yield well above 15%. This piece examines how BTCI generates that cash flow, whether the current distribution level is durable, and what trailing price action reveals about total returns.
This Bitcoin-oriented vehicle holds BTC exposure indirectly rather than through spot coins. According to the fund's holdings snapshot, roughly 56% of **** ets sit in U.S. Treasury bills, with Bitcoin exposure coming through positions in iShares Bitcoin Trust (roughly 13%) and VanEck's HODL (roughly 7%). The manager writes call options on Bitcoin ETFs and may layer in bear call spreads, a structure described in fund coverage as a synthetic covered call approach. BTCI's design aims to generate income while maintaining indirect exposure to Bitcoin price movements.
#btci
4 days ago
Rich Paul told The Athletic he had been trying to get Bob Myers to come on the podcast for months; the invitation was not specifically tied to addressing James' free agency. The 76ers, team sources said, had thought about the potential downside of Myers' pitch being viewed as groveling publicly. But the upside of Myers — and his four rings from Golden State — speaking directly to Paul outweighed the potential minuses. "Bob Myers going on Rich Paul's podcast was brilliant," a coach for one of the other teams pursuing James told The Athletic. Myers' appearance with Paul happened July 8 — 16 days before James made the final call.
This article originally appeared on Hoops Hype: The 76ers, team sources said, had thought about the …
#podcast #thought
This article originally appeared on Hoops Hype: The 76ers, team sources said, had thought about the …
#podcast #thought
4 days ago
The New England Patriots are set to begin training camp on Saturday. Gates open at 9:15 a.m. ET, and practice starts at 10:15 a.m. ET.
Practices will be located on the upper grass fields directly behind Gillette Stadium. Attendance is completely free to the public, and general parking is also free during the public practice days. There will be 13 training camp dates in total for fans to watch live.
This will be the 24th consecutive year of the team hosting the camp at Gillette Stadium.
It will be the start of the Patriots' quest to get back to the Super Bowl after falling short against the Seattle Seahawks last season. They've made strides in improving the offense significantly by adding top talent in the offseason, like wide receiver A.J. Brown, wide receiver Romeo Doubs, guard Alijah Vera-Tucker and rookie offensive tackles, Caleb Lomu and Damtrious Crownover.
On the defensive side of the ball, the Patriots signed veteran All-Pro safety Kevin Byard, along with using their second-round draft pick on rookie Gabe Jacas. All eyes will be on the Patriots to see if the magical 2025 run was a fluke or if the team picks back up where it left off last season.
#Patriots #practice
Practices will be located on the upper grass fields directly behind Gillette Stadium. Attendance is completely free to the public, and general parking is also free during the public practice days. There will be 13 training camp dates in total for fans to watch live.
This will be the 24th consecutive year of the team hosting the camp at Gillette Stadium.
It will be the start of the Patriots' quest to get back to the Super Bowl after falling short against the Seattle Seahawks last season. They've made strides in improving the offense significantly by adding top talent in the offseason, like wide receiver A.J. Brown, wide receiver Romeo Doubs, guard Alijah Vera-Tucker and rookie offensive tackles, Caleb Lomu and Damtrious Crownover.
On the defensive side of the ball, the Patriots signed veteran All-Pro safety Kevin Byard, along with using their second-round draft pick on rookie Gabe Jacas. All eyes will be on the Patriots to see if the magical 2025 run was a fluke or if the team picks back up where it left off last season.
#Patriots #practice
4 days ago
Stephen A. Smith did not hold back when addressing the New York Giants' decision to hire John Harbaugh and the optics surrounding the coach's first publicized team meeting.
On First Take, Smith made clear he respects Harbaugh's track record and believes the veteran coach deserves an NFL head-coaching job. Yet he framed the Giants' move as evidence of a desperate franchise.
The team handed Harbaugh a five-year, $100 million contract that ranks among the richest in the league and granted him the unusual authority to report directly to ownership rather than general manager Joe Schoen.
#smith #stephen #york
On First Take, Smith made clear he respects Harbaugh's track record and believes the veteran coach deserves an NFL head-coaching job. Yet he framed the Giants' move as evidence of a desperate franchise.
The team handed Harbaugh a five-year, $100 million contract that ranks among the richest in the league and granted him the unusual authority to report directly to ownership rather than general manager Joe Schoen.
#smith #stephen #york
4 days ago
July 24 (Reuters) - London-listed shares of Wise fell 10% on Friday after the money transfer group said its application to create a national trust bank in the United States was denied by regulators, amid major changes in financial policy.
The U.S. Office of the Comptroller of the Currency denied Wise's application as it was incompatible with the Federal Reserve's new policies for payment system access, the dual-listed company said. As a national trust bank, Wise sought to settle U.S. dollar payments directly with the Fed.
U.S. regulations for payments have changed significantly since the firm submitted its application in June of last year, it said.
"With the Federal Reserve generally pausing account access for an uninsured trust bank, the approach in our application became non-viable," the firm said.
The fintech firm plans to submit a new application for a national trust bank charter under the GENIUS Act framework, which pertains to digital ****** ets like stablecoins.
#federal
The U.S. Office of the Comptroller of the Currency denied Wise's application as it was incompatible with the Federal Reserve's new policies for payment system access, the dual-listed company said. As a national trust bank, Wise sought to settle U.S. dollar payments directly with the Fed.
U.S. regulations for payments have changed significantly since the firm submitted its application in June of last year, it said.
"With the Federal Reserve generally pausing account access for an uninsured trust bank, the approach in our application became non-viable," the firm said.
The fintech firm plans to submit a new application for a national trust bank charter under the GENIUS Act framework, which pertains to digital ****** ets like stablecoins.
#federal
4 days ago
YieldMax launched YSPC, a synthetic covered-call ETF built around **** eX, charging a 1.01% expense ratio with no distributions paid yet.
SPCX plunged 33% in the past month, and because YSPC's strategy caps gains but not losses, that drop directly erodes the fund's NAV.
Since **** eX pays no dividend, all YSPC income comes from sold call premiums, meaning sustained declines can drain principal even while distributions are paid.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and **** eX didn't make the cut. Grab the names FREE today.
YieldMax has launched another single-stock option-income fund, this time built around one of the market's most-watched newcomers: **** eX. The YieldMax® SPCX Option Income Strategy ETF (NYSEARCA:YSPC) began trading on NYSE Arca in mid-July 2026, with a prospectus dated July 12, 2026. It is issued through Tidal Trust II, with Tidal Investments LLC serving as adviser, and joins YieldMax's growing lineup of income ETFs tied to a single underlying stock.
#tidal
SPCX plunged 33% in the past month, and because YSPC's strategy caps gains but not losses, that drop directly erodes the fund's NAV.
Since **** eX pays no dividend, all YSPC income comes from sold call premiums, meaning sustained declines can drain principal even while distributions are paid.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and **** eX didn't make the cut. Grab the names FREE today.
YieldMax has launched another single-stock option-income fund, this time built around one of the market's most-watched newcomers: **** eX. The YieldMax® SPCX Option Income Strategy ETF (NYSEARCA:YSPC) began trading on NYSE Arca in mid-July 2026, with a prospectus dated July 12, 2026. It is issued through Tidal Trust II, with Tidal Investments LLC serving as adviser, and joins YieldMax's growing lineup of income ETFs tied to a single underlying stock.
#tidal
4 days ago
Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments 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 22, 2026, Salesforce, Inc. (NYSE:CRM) closed at $163.00 per share. One-month return of Salesforce, Inc. (NYSE:CRM) was 3.52%, and its shares lost 41.92% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $133.5 billion.
Montaka Global Investments stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor update:
"The It's Not About the SaaS: Why the market is wrong about Salesforce, Inc. (NYSE:CRM): Since the start of the recent SaaS selloff – which we explored in detail in Montaka's recent whitepaper – Salesforce's share price has halved. The market is now pricing in something like obsolescence for the world's dominant customer relationship management (CRM) platform.
This, in our view, represents a significant investment opportunity. The market's concern is two-fold. First, that AI makes software trivially cheap and easy to build – rendering vendors like Salesforce redundant. Second, that agents don't need software interfaces at all – they can interact directly with data and systems, making seat-based licences obsolete.
#montaka
In its Q2 2026 investor letter, Montaka Global Investments 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 22, 2026, Salesforce, Inc. (NYSE:CRM) closed at $163.00 per share. One-month return of Salesforce, Inc. (NYSE:CRM) was 3.52%, and its shares lost 41.92% over the past 52 weeks. Salesforce, Inc. (NYSE:CRM) has a market capitalization of $133.5 billion.
Montaka Global Investments stated the following regarding Salesforce, Inc. (NYSE:CRM) in its Q2 2026 investor update:
"The It's Not About the SaaS: Why the market is wrong about Salesforce, Inc. (NYSE:CRM): Since the start of the recent SaaS selloff – which we explored in detail in Montaka's recent whitepaper – Salesforce's share price has halved. The market is now pricing in something like obsolescence for the world's dominant customer relationship management (CRM) platform.
This, in our view, represents a significant investment opportunity. The market's concern is two-fold. First, that AI makes software trivially cheap and easy to build – rendering vendors like Salesforce redundant. Second, that agents don't need software interfaces at all – they can interact directly with data and systems, making seat-based licences obsolete.
#montaka
4 days ago
Moon Capital Management, LLC, an investment management company, released its second quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 index rebounded in the second quarter, achieving a 9.6% return for the first half of the year, while Moon Capital Management's equity portfolio gained 4%. AI-related stocks led market performance, mitigating geopolitical concerns. Moon Capital holds 10% of its portfolio in technology, significantly less than the S&P 500's 39%. The firm remains cautious about large AI investments and their potential return on investment. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Moon Capital Management highlighted Zoetis Inc. (NYSE:ZTS) as a newly added position. Zoetis Inc. (NYSE:ZTS) is an animal health company focused on animal health medications, vaccines, and diagnostic products. On July 22, 2026, Zoetis Inc. (NYSE:ZTS) closed at $74.19 per share. One-month return of Zoetis Inc. (NYSE:ZTS) was -4.66%, and its shares lost 51.45% over the past 52 weeks. Zoetis Inc. (NYSE:ZTS) has a market capitalization of $31.1 billion.
Moon Capital Management stated the following regarding Zoetis Inc. (NYSE:ZTS) in its Q2 2026 investor update:
"We added one new stock to the portfolio last quarter, Zoetis Inc. (NYSE:ZTS). (Our average purchase price was about $73.20/share.) Zoetis is the world's largest pure-play animal health company. We have long viewed Zoetis as one of the highest-quality businesses in healthcare (albeit for mostly four legged patients), and the company has generally been valued accordingly. However, temporary concerns around slower companion animal growth and increased competitive pressures created an opportunity to purchase the company at an attractive price. After trading above 30 times earnings for much of the past decade, Zoetis now has a P/E of less than 11x, a valuation we believe significantly understates the quality, durability, and long-term earnings power of the business.
The animal health industry is attractive as it combines the defensive characteristics of healthcare investing with a more favorable industry structure than traditional pharmaceuticals. In contrast to human healthcare, a significant portion of animal health spending is paid directly by owners, which reduces reimbursement pressure. The industry also benefits from lower research and development costs, shorter development timelines, and strong relationships with veterinarians. These relationships, combined with regulatory barriers and specialized technical expertise, create meaningful switching costs and contribute to long product lifecycles..." (Click here to read the full text)
#capital
In its Q2 2026 investor letter, Moon Capital Management highlighted Zoetis Inc. (NYSE:ZTS) as a newly added position. Zoetis Inc. (NYSE:ZTS) is an animal health company focused on animal health medications, vaccines, and diagnostic products. On July 22, 2026, Zoetis Inc. (NYSE:ZTS) closed at $74.19 per share. One-month return of Zoetis Inc. (NYSE:ZTS) was -4.66%, and its shares lost 51.45% over the past 52 weeks. Zoetis Inc. (NYSE:ZTS) has a market capitalization of $31.1 billion.
Moon Capital Management stated the following regarding Zoetis Inc. (NYSE:ZTS) in its Q2 2026 investor update:
"We added one new stock to the portfolio last quarter, Zoetis Inc. (NYSE:ZTS). (Our average purchase price was about $73.20/share.) Zoetis is the world's largest pure-play animal health company. We have long viewed Zoetis as one of the highest-quality businesses in healthcare (albeit for mostly four legged patients), and the company has generally been valued accordingly. However, temporary concerns around slower companion animal growth and increased competitive pressures created an opportunity to purchase the company at an attractive price. After trading above 30 times earnings for much of the past decade, Zoetis now has a P/E of less than 11x, a valuation we believe significantly understates the quality, durability, and long-term earnings power of the business.
The animal health industry is attractive as it combines the defensive characteristics of healthcare investing with a more favorable industry structure than traditional pharmaceuticals. In contrast to human healthcare, a significant portion of animal health spending is paid directly by owners, which reduces reimbursement pressure. The industry also benefits from lower research and development costs, shorter development timelines, and strong relationships with veterinarians. These relationships, combined with regulatory barriers and specialized technical expertise, create meaningful switching costs and contribute to long product lifecycles..." (Click here to read the full text)
#capital
4 days ago
Brasada Capital Management, an investment management company, released its Q2 2026 investor letter. A copy of the letter is available to download here. The market landscape in the past quarter has been significantly influenced by the rapid advancements in artificial intelligence (AI), overshadowing other concerns like geopolitical conflicts. Currently, the AI boom is so substantial that it affects the entire market cycle. Key factors include a 400% increase in memory demand due to AI, a slow supply response that takes years to catch up, and minimal demand destruction. The Fund's investment strategy focuses on essential infrastructure that maintains competitive advantages, rather than chasing speculative momentum. The firm emphasizes secular long-term growth, regardless of which AI technologies prevail. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Brasada Capital Management highlighted Fastenal Company (NASDAQ:FAST). Fastenal Company (NASDAQ:FAST) is a leading industrial and construction supply distributor that offers fasteners, tools, safety equipment, and inventory management solutions. On July 22, 2026, Fastenal Company (NASDAQ:FAST) closed at $45.33 per share, reflecting a market capitalization of $52.02 billion. Fastenal Company (NASDAQ:FAST) posted a one-month return of -3.39%, while its shares lost 5.42% over the past 52 weeks.
Brasada Capital Management stated the following regarding Fastenal Company (NASDAQ:FAST) in its Q2 2026 investor update:
"Fastenal Company (NASDAQ:FAST) distributes a wide array of products including fasteners, tools, safety equipment, and janitorial supplies, but at its core Fastenal is an outsourced procurement and supply chain partner for the industrial sector, helping to seamlessly manage customer inventory. Fastenal embeds itself within its customers' operations through local branches, automated industrial vending machines, FASTBins equipped with RFID technology, and dedicated Onsite locations where full-time Fastenal employees work directly on the customer's manufacturing floor. By handling the complexities of sourcing and replenishment, Fastenal ensures parts are always available, allowing clients to focus on their core competencies without the risk of costly production delays caused by a missing screw.
What makes Fastenal a high-quality business is that their customers have come to depend on them for cheap, mission critical parts – any delay or having the wrong type of fastener in inventory can mean millions of dollars in costs for the manufacturers in the form of slowdowns, shutdowns, poor product quality, or recalls. If you're missing a $0.30 screw on a $10K or $10M machine, you're just not shipping that machine, and if you have too many of those screws laying around, you're likely wasting ***** e and money. As such, Fastenal commands premium pricing power, high returns on capital, and reoccurring revenue. On top of that, Fast
In its Q2 2026 investor letter, Brasada Capital Management highlighted Fastenal Company (NASDAQ:FAST). Fastenal Company (NASDAQ:FAST) is a leading industrial and construction supply distributor that offers fasteners, tools, safety equipment, and inventory management solutions. On July 22, 2026, Fastenal Company (NASDAQ:FAST) closed at $45.33 per share, reflecting a market capitalization of $52.02 billion. Fastenal Company (NASDAQ:FAST) posted a one-month return of -3.39%, while its shares lost 5.42% over the past 52 weeks.
Brasada Capital Management stated the following regarding Fastenal Company (NASDAQ:FAST) in its Q2 2026 investor update:
"Fastenal Company (NASDAQ:FAST) distributes a wide array of products including fasteners, tools, safety equipment, and janitorial supplies, but at its core Fastenal is an outsourced procurement and supply chain partner for the industrial sector, helping to seamlessly manage customer inventory. Fastenal embeds itself within its customers' operations through local branches, automated industrial vending machines, FASTBins equipped with RFID technology, and dedicated Onsite locations where full-time Fastenal employees work directly on the customer's manufacturing floor. By handling the complexities of sourcing and replenishment, Fastenal ensures parts are always available, allowing clients to focus on their core competencies without the risk of costly production delays caused by a missing screw.
What makes Fastenal a high-quality business is that their customers have come to depend on them for cheap, mission critical parts – any delay or having the wrong type of fastener in inventory can mean millions of dollars in costs for the manufacturers in the form of slowdowns, shutdowns, poor product quality, or recalls. If you're missing a $0.30 screw on a $10K or $10M machine, you're just not shipping that machine, and if you have too many of those screws laying around, you're likely wasting ***** e and money. As such, Fastenal commands premium pricing power, high returns on capital, and reoccurring revenue. On top of that, Fast
4 days ago
ONDS raised FY2026 guidance to $390M with a $457M backlog, making L3Harris (LHX) the cleanest strategic fit given its Trusted Disruptor acquisition playbook.
Motorola Solutions (MSI) is the non-obvious wild card, as Silvus mesh-networking and unmanned comms overlap directly with Ondas' Iron Drone and Sentrycs ****** ets.
Private equity faces punishing LBO math at 45x price-to-sales, while ONDS shares at $8.25 sit well below the $19.81 ****** yst consensus target.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and RTX didn't make the cut. Grab the names FREE today.
Ondas (NASDAQ:ONDS) has ****** embled a system-of-systems autonomous-defense portfolio that looks increasingly like something a prime would rather own than compete with. The company reported Q1 FY2026 revenue of $50.12 million (+1,079.8% year over year), lifted its FY2026 revenue target to at least $390 million, and disclosed a pro forma backlog of $457 million. With counter-UAS (Sentrycs, Iron Drone), loitering munitions (Mistral, Rotron), stratospheric ISR (World View), and a SkyWeaver agentic-AI platform co-developed with Palantir, the strategic logic for a takeout is compelling. Here are four likely acquirers, ranked from longest shot to cleanest fit.
#onds #million #ondas #cleanest
Motorola Solutions (MSI) is the non-obvious wild card, as Silvus mesh-networking and unmanned comms overlap directly with Ondas' Iron Drone and Sentrycs ****** ets.
Private equity faces punishing LBO math at 45x price-to-sales, while ONDS shares at $8.25 sit well below the $19.81 ****** yst consensus target.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and RTX didn't make the cut. Grab the names FREE today.
Ondas (NASDAQ:ONDS) has ****** embled a system-of-systems autonomous-defense portfolio that looks increasingly like something a prime would rather own than compete with. The company reported Q1 FY2026 revenue of $50.12 million (+1,079.8% year over year), lifted its FY2026 revenue target to at least $390 million, and disclosed a pro forma backlog of $457 million. With counter-UAS (Sentrycs, Iron Drone), loitering munitions (Mistral, Rotron), stratospheric ISR (World View), and a SkyWeaver agentic-AI platform co-developed with Palantir, the strategic logic for a takeout is compelling. Here are four likely acquirers, ranked from longest shot to cleanest fit.
#onds #million #ondas #cleanest
4 days ago
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) plans to raise chipmaking prices by up to 10% starting in 2027, according to Nikkei Asia, citing multiple people briefed on the talks. Reuters and Bloomberg both confirmed the report. Base price increases will range from 5% to 10% depending on the customer and product, and mature-node chips built on 12nm, 16nm, and 28nm technology face increases up to 10%. Negotiations ran from June to July, with new pricing taking effect at the start of 2027. TSMC's U.S listed shares surged 4.6% on the news (Tuesday).
TSMC is the main chipmaker for Nvidia and Apple, and it also makes processors for AMD and Broadcom. The company did not comment on pricing directly, but a spokesperson said its "pricing strategy is strategic, not opportunistic." CEO C.C. Wei said in June he wanted to raise prices, while adding that TSMC would avoid the kind of abrupt hikes some memory chipmakers have imposed. The move follows TSMC's second-quarter results, where profit jumped 77% to a record T$706.6 billion, or about $22 billion, beating market expectations.
That raises a real question. With customers unable to easily switch suppliers for the most advanced chips, does TSMC have so much pricing power that there's barely a bear case left, or does something still stand in the way?
Image: TSMC
BULL CASE
#pricing #raise #prices #increases
TSMC is the main chipmaker for Nvidia and Apple, and it also makes processors for AMD and Broadcom. The company did not comment on pricing directly, but a spokesperson said its "pricing strategy is strategic, not opportunistic." CEO C.C. Wei said in June he wanted to raise prices, while adding that TSMC would avoid the kind of abrupt hikes some memory chipmakers have imposed. The move follows TSMC's second-quarter results, where profit jumped 77% to a record T$706.6 billion, or about $22 billion, beating market expectations.
That raises a real question. With customers unable to easily switch suppliers for the most advanced chips, does TSMC have so much pricing power that there's barely a bear case left, or does something still stand in the way?
Image: TSMC
BULL CASE
#pricing #raise #prices #increases
