Sofia Vergara's dating life is back in the spotlight. A late-night dinner in Beverly Hills has set tongues wagging, as the pictures show the actress enjoying a relaxed evening with Imagine Dragons frontman Dan Reynolds. While the duo was not alone at the table, the attention stayed firmly on the two of them. What happened as the night wound down adds another twist to their tale.
Deuxmoi shared the images on Instagram, mentioning that the pair were photographed at an intimate dinner at Cipriani in Beverly Hills. TMZ also obtained photos and video of the evening. According to the outlet, Sofia Vergara and Dan Reynolds held hands throughout their late-night meal.
The photos capture an easy, affectionate rapport. Vergara, 54, is seen smiling broadly as she leans across the table, her chin resting on one fist while Reynolds, 39, holds her other hand. Their chemistry also appeared undeniable.
Two friends joined them for the meal, including Anastasia Soare, who was seated beside Vergara. Even with friends at the table, the images keep the focus on the two of them. They also appeared to be chatting animatedly and enjoying a relaxed night out. As the night wound down, reports suggest that the pair slipped out through the restaurant's back door at around 12:30 am.
The outing also comes as Vergara's past marriage is making headlines once again. Her ex-husband, Joe Manganiello, made several claims about their past relationship in his new memoir, "Bloodlines."

#table #late

Steven Gerrard was the epitome of a local lad living out the dreams of the supporters watching on.
Across an incredible career atLiverpool, Gerrard became the beating heartbeat of the Reds' side. A box-to-box force of nature, Gerrard led Liverpool to a wealth of major honours, often appearing to singlehandedly drag his boyhood side over the line.
Gerrard was the driving force in Liverpool's 2005Champions League success in Istanbul, when Rafael Benitez's side somehow recovered from three goals down against AC Milan to win. A year later, another defining performance led to FA Cup success and the 'Gerrard Final' was born.
In 2026, he wasvoted as number one in a list of Liverpool's 100 Greatest Players.
For England, Gerrard won 114 caps and scored 21 goals, further cementing himself as one of the finest footballers the country has ever produced.

#reds

good morning everyone –
Today is a rare Monday Night Football game. No, I'm not talking about the San Jose Sharks versus the Toronto Maple Leafs.
Tottenham Hotspur are back in action against Coventry City!
And if there's one thing I like to do on Monday Night Football, it's checking out fun facts about cities. So let's not waste any time here and get straight to some Coventry fun facts.
Fun Fact #1 : If you like St George's cross and/or dragons, well have I got news for you. Legend says this city was the birthplace of St George, the dragon slayer and patron saint of England. That's pretty dang cool.

#facts

Wales head coach Steve Tandy names his Nations Championship squad on Tuesday, 20 October and was given some late food for thought by the Welsh clubs in European action.
Dragons, Ospreys and Scarlets made winning starts in the Challenge Cup while Cardiff competed hard but lost at Northampton on their return to the top-tier Champions Cup.
Wales will face ****** an, New Zealand and Australia in Cardiff before another fixture at Twickenham against a southern hemisphere opponent on finals weekend.
BBC Sport Wales looks at the players who grasped their last chance to make an impression on Tandy and his staff as opportunities run out before the 2027 World Cup.
Wales counting down the year until World Cup

#wales #tandy #championship #tuesday

Minka Kelly and Imagine Dragons frontman Dan Reynolds have split after nearly four years together, according to an Oct. 7 report from PEOPLE.
A source close to the former couple said the breakup "happened recently." The report did not identify a reason or say exactly when the relationship ended.
TMZ also confirmed the split. Representatives for both stars had not responded to either outlet's requests for comment when the reports were published.
Kelly, 46, and Reynolds, 39, were first photographed together in November 2022, when they spent more than five hours having dinner at Café Stella in Los Angeles.
Kelly and Reynolds made their red-carpet debut as a couple at the Museum of Contemporary Art's gala in Los Angeles on May 30, PEOPLE reported. She wore a bright orange Roland Mouret dress, while he paired a beige suit with a black shirt.

#kelly #reynolds #people

National Republicans have spent months trying to rescue Ken Paxton. He's complicating that effort.
Tensions are brewing with some Republicans after POLITICO published Paxton's closed-door comments that "D.C." Republicans were largely controlling his race.
"He is welcome to raise his own money and say whatever he wants," said one Republican involved in the Paxton rescue effort, who like others in this article was granted anonymity to speak candidly. "In fact, if he did that, he'd probably be winning right now and we wouldn't need to spend all this money."
"This just seems like Paxton preparing to blame others for what might be one of the most embarrassing defeats in modern political history," said Carlos Curbelo, a former Florida GOP representative.
Senate Republicans and top operatives didn't want to be in this position in the first place. Many had warned that the Trump effort to unseat Sen. John Cornyn and back Paxton in the primary would cost Republicans hundreds of millions to drag Paxton across the finish line in the general election. Cornyn and Senate GOP groups spent millions of dollars on ads during the primary attacking Paxton over his series of scandals and warning he was a flawed candidate.

#republicans #spent #rescue

Emma D'Arcy made a guest appearance on The Tonight Show Starring Jimmy Fallon last night, where they talked about making a DIY wig for their House of the Dragon audition, learning High Valyrian with Matt Smith and having only 30 minutes to learn their lines for Digger.
Aeon/GC Images
I talk a lot about Emma having a unique point of view when it comes to tailoring, and you might be wondering what is so unusual about this Jil Sander Spring 2027 suit.
At first glance, it looks like the jacket has been caught in the wind.
Todd Owyoung/NBC via Getty Images

#jimmy

Bessent's $6 billion buybacks left yields nearly unchanged against a $32 trillion market, prompting him to admit he can't set the equilibrium price.
The 10-year yield hit a 12-month high of 5.31%, dragging 30-year fixed mortgage rates near their 52-week high of 7.60%.
Cramer says bonds, not oil, reveal the long-term truth, making the daily 10-year yield close more important than Bessent's policy promises.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Jim Cramer said on Mad Money October 5, 2026: "Treasury Secretary Bessent basically copped to not being able to stop a bond market slide with his meager multibillion dollar bond buys. He's plugging the dike with a finger, and it's got $31 trillion in Treasuries behind it.", according to Mad Money w/ Jim Cramer

#year #money #market #learn

The US trade deficit jumped to more than $100 billion in August as importers wrestled with a new round of President Trump's tariffs and continued to bring in billions of dollars' worth of components for AI data centers.
The total gap: $105.6 billion, a 13.8% increase from July's revised $92.8 billion deficit, the highest level since early 2025, when importers stocked up ahead of Trump's "Liberation Day" and a later four-month surge in imports that pushed average monthly trade deficits north of $120 billion.
Imports rose in August by 4.3%, compared with a 1.4% increase in exports. The US brought in $420.8 billion in total imports in August against $315.2 billion in exports.
In an **** ysis, Capital Economics said the "sharp rise in imports suggests third quarter GDP growth will be well below our current forecast of 4.0%," suggesting that the final annualized figure could be closer to 2.5%."
"The relatively broad-based rise in goods imports mean net trade was still a drag overall," the group added.

#billion #imports #total #increase

More than eight months after former Nickelodeon actress Kianna Underwood was killed, the NYPD have made an arrest in connection to her death.
Police arrested Michael Griffiths, 72, of Brooklyn on Tuesday morning (Sept. 29) and charged him with leaving the scene of an accident resulting in death and leaving the scene of an accident with injury. He was arraigned later that day, pleaded not guilty, and was released on his own recognizance. Griffiths is due back in court on October 27.
The former Nickelodeon actress was crossing Mother Gaston Boulevard at Pitkin Avenue in Brownsville on January 16 when surveillance footage captured a black Ford Explorer cross the double yellow line and strike her as she moved against the signal.
A black-and-gray sedan then hit her and allegedly dragged her roughly two blocks. She was found near Osborn Street and Pitkin Avenue and ****** ounced dead at the scene.
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#death

While we have been experiencing unusually mild temperatures this October, it did rain during Paris Fashion Week.
Dragos Sora
Mid-last week saw Rosalía springing forward in a fresh-off-the-runway Dior Spring 2027 look. Now she's falling back in Vaquera.
Instead of having a bodyguard follow her around with an umbrella, à la Jennifer Lopez at the Stella McCartney show, Rosalía came prepared for the Paris rain in a hooded cape from the Vaquera Fall 2026 collection, featuring double-breasted ***** ons and a bow fastening.
Dragos Sora

#Paris #vaquera

An expert believes that Prince William may not be pleased with Charles Spencer's new book about Princess Diana. The memoir, "Swan Song: Diana, My Sister," reportedly contains explosive claims about King Charles and the royal family. The Earl also offers a remorseful reflection on William, then 15, and Harry, then 12, walking behind their mother's coffin, recalling how strongly he opposed the arrangement at the time.
Royal experts have weighed in on how Prince William might be feeling about the new Princess Diana book. They claim that the royal heir has faced a significant repercussion following the release of Earl Spencer's bombshell memoir.
While it honored the late royal, the book also made serious allegations that could have consequences for the monarchy. Among them is a striking claim against King Charles. It is alleged that he sounded "giddily elated" and reacted like a "lottery winner" upon learning of his ex-wife's death.
As per the Daily Express, despite Charles Spencer's accusations, Prince William has remained silent on the matter. Reports indicate that his uncle gave him advance notice weeks before, with the wider public learning about it on the same day.
Discussing the situation surrounding the royal heir, Matt Wilkinson, The Sun's royal editor, stated on the Royal Exclusive show: "I just think it's unfair that he (William) gets dragged into it. I think it's unfair that his work and his engagements are being brought into this book by his uncle, and he wasn't told what was in it."

#william

As a long-time host of "The View," Joy Behar is known for her outspokenness, which sometimes causes scandals, such as dragging Melania Trump when insulting Donald Trump. Other than her political views and wild on-show feuds, Behar is recognized for her polished looks behind the desk. The TV personality has been vocal about her signature, face-framing blowout and the fact that she's not a natural redhead. While Behar isn't hesitant to discuss any cosmetic changes, she's also not afraid to wear a makeup look that's more minimal than her usual television glam.
Helltown Kitchen/Instagram
In August 2026, Behar went to ****** town Kitchen in Provincetown, Massachusetts. The TV host, wearing an all-black outfit, posed with ****** town Kitchen's owner Willy Garcia for the restaurant's Instagram post. Behar kept her makeup simple by wearing gray eyeshadow and a red lip. Overall, Behar's skin looks amazing in her 80s. Her forehead, chin, and cheeks seem smooth. Her cheeks also look plump for someone in their twilight years, which could be a result of having good skin and investing in nonsurgical skin treatments. She also wore her hair down without the volume that fans of "The View" are used to seeing on screen.
Read more: Tragic Details About The Cast Of Law & Order
Manny Carabel/Getty Images

#skin #Trump #looks #makeup

This summer, we took a family vacation to Oregon to hike in the Pacific Northwest. Not surprisingly, we saw a bunch of people decked out in clothing made by Columbia, the huge sportswear company founded in Portland in 1938, and named for the nearby river.
We also saw a lot of people wearing Patagonia clothes. Named after the vast geographic region at the southern tip of South America, shared by Argentina and Chile, Patagonia was founded by climber Yvon Chouinard in 1973 to provide durable climbing equipment and outdoor wear. The company heavily supports environmental causes and donates profits from the sale of their jackets, fleeces and other gear to ecological protection. The company even sued President Trump in 2017, for shrinking federal lands protections.
In addition to environmental causes, Patagonia has also championed the LGBTQ community by partnering with the Human Rights Campaign to oppose state legislation targeting their rights. This summer, though, the company sued one member of that community.
Wyn Wiley is an activist from Bend, Oregon, who focuses on environmental and LGBTQ+ issues, promoting acceptance of queer identities in the environmentalist and outdoors communities, and promoting awareness of climate change and its effects.
In October of 2018, Wiley created the character Pattie Gonia and produced short-form outdoors activism content on Instagram and TikTok, while dressing in drag. The first posted video garnered more than 100 million views. Pattie Gonia has 1.8 million Instagram followers and claims to have raised $3.7 million for environmental causes, including $1 million raised last year on a 100-mile hike. In 2022, Pattie Gonia partnered with The North Face, another outdoor gear juggernaut, for their 2022 "Summer of Pride" series, which consisted of outdoor community-building events focused on local LGBTQ+ engagement and acceptance.

#lgbtq #summer

An arrest has been made in the death of a former Nickelodeon star killed in a gruesome hit-and-run car crash in New York City.
On Tuesday (Sept. 29), authorities announced that Michael Griffiths has been indicted in connection with the death of Kianna Underwood, who was slain in January after being struck and run over by a vehicle while crossing a Brooklyn intersection.
Griffiths, 72, was taken into custody and hit with multiple charges, including leaving the scene of an accident resulting in death. However, Griffith, who lives a short distance from the site of the crash, claims he is not at fault for the 33-year-old's death.
According to reports, on Jan. 16, Underwood was crossing the street against a red light at the intersection of Pitkin Avenue and Mother Gaston Boulevard in Brownsville when she was initially struck by Griffiths, who was driving a black 2021 Ford Explorer SUV.
After the first collision, Underwood was run over by a second vehicle, identified as a black sedan, heading west on Pitkin Avenue, with the victim being dragged for two blocks before her body became dislodged on Pitkin Avenue, near Osborne Street. While Griffiths claims to have gotten out of his vehicle in an attempt to flag down the second driver and tend to the victim, he's accused of fleeing before police arrived on the scene.

#griffiths #pitkin #street #crossing

On August 5, Cencora (NYSE:COR) reported results for its fiscal third quarter, which closed on June 30, and the headline numbers looked clean. Revenue rose 5.1% to $84.8 billion, adjusted earnings per share climbed 12.0% to $4.48, and management raised its full-year adjusted EPS outlook to $17.75 to $17.95. The company also repurchased $1 billion of its own stock during the quarter. But the profit story has moving parts, and a few of them pull in opposite directions.
Start with the gap between profit growth and sales growth. Adjusted operating income rose 17.0% while revenue grew only 5.1%. Much of the help came from gross profit, which jumped 23.2% on an adjusted basis as both segments contributed and the OneOncology acquisition in February lifted margins in the US business. In plain terms, adjusted gross margin widened 61 basis points to 4.16%, so the company keeps more gross profit from every dollar it sells.
The strength was not confined to one corner, either. US Healthcare Solutions grew operating income 15.9% on higher pharmaceutical sales and the OneOncology deal, while specialty volume to health systems and physician groups lifted its revenue. International Healthcare Solutions did better still, with operating income up 20.8% on strength in European distribution and global specialty logistics. Management also put cash to work, completing in one quarter the $1 billion of buybacks it had expected to finish by the close of calendar 2026. The board declared a $0.60 quarterly dividend as well, payable August 31, to holders of record on August 14.
Growth is costing more than it first appears. Adjusted operating expenses jumped 26.8%, faster than adjusted gross profit, because OneOncology brought expenses along with its profits. Even so, adjusted operating income amounts to just 1.46% of revenue, a thin cushion on a business this large. Financing adds weight too. Cencora funded part of the purchase with new senior notes plus variable-rate term loans, and net interest expense rose $58.9 million from a year earlier.
The sales mix carries its own drag. GLP-1 drugs for diabetes and weight loss are adding to revenue, but they earn lower gross margins, so each dollar of that growth is worth less to profit. Meanwhile, an oncology customer Cencora lost in 2025, and lower sales to a large mail order customer both held back US revenue, as did lower manufacturer prices on some brand pharmaceuticals. Cencora is also exploring strategic alternatives for a group of other businesses, and its April divestiture of US Consulting Services trimmed consulting sales.

#adjusted #revenue #august

President Donald Trump’s sinking ratings threaten to drag down Republicans in November’s midterm elections, as voters blame him for high prices and a shaky economy, according to a new NBC News poll.
The president’s approval rating stands at 41% among registered voters, a second-term low in the poll, with a majority (55%) of voters saying they believe Trump’s policies have hurt the economy. That’s up from 48% in March, before the Iran war pushed up prices on gas and other goods and cemented the rising cost of living as voters’ most pressing issue.
Democrats hold a 5-point edge in the battle for control of Congress, 50%-45% — not nearly as large a lead as the 12-point advantage the party enjoyed at this point before the 2018 election, when Democrats rode an anti-Trump wave to the House majority in his first midterm as president. Despite that lead, the Democratic Party is still viewed more negatively than Trump and the GOP.
That could help Republicans, along with the fact that the fight for control of the House and especially the Senate is playing out in traditionally Republican parts of the country. Democrats would have to flip multiple states Trump carried by double digits in 2024 to win the Senate.
“We have a classic battle between these numbers and the political geography in which this campaign will be decided,” said Republican pollster Bill McInturff of Public Opinion Strategies, whose firm conducted the survey alongside Democratic firm Hart Research ***** ociates. “And the Republicans are still standing because of the geography in which this election will be won or lost.”

#president

A 2022 Nasdaq crash turned $10,000 into just $2,100 with TQQQ but preserved $3,900 with QLD's lower 2x leverage.
Recovering from TQQQ's 79% loss requires a 376% gain just to break even, making the extra leverage a costly bet.
QLD's 5-year annualized return of 17% beat TQQQ's 15% as volatility drag quietly eroded the extra leverage's advantage.
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Leveraged ETFs have become an increasingly popular way to participate in the recent AI-driven technology boom. One such fund favored by investors and traders alike is the ProShares UltraPro QQQ (NASDAQ:TQQQ), an ETF that targets three times the Nasdaq's daily return. For investors who are uncomfortable with the 3x target, the ProShares Ultra QQQ (NYSEARCA:QLD) offers similar exposure but targets 2x the Nasdaq-100's daily move. When the Nasdaq is advancing higher, TQQQ seems like the obvious choice, but during a serious selloff, the reduced leverage of QLD can dramatically change the amount of capital left standing when the decline is over.

#leverage

On September 17, Ferrari N.V. (NYSE:RACE) announced a partnership with the technology company Rakuten Group, Inc., effective January 1, 2027. The announcement gives no scope and no price tag, so it works better as a signal than as a number. The real substance sits in the results Ferrari posted on July 30, when it raised its 2026 guidance because buyers are ordering more personalization than the company expected.
In the second quarter, revenue rose 8%, but operating profit rose 10%, which means each euro of sales is leaving more behind. Ferrari credits a richer mix of cars, with the F80 helping, along with more buyers paying up for personalization. Strip out currency swings, and the gap widens, with revenue up 11% and operating profit up 16%. Deliveries of the Purosangue and the 296 Speciale family grew even in the middle of a planned model changeover.
Cash and demand back that up. Industrial free cash flow jumped 39% to €276 million, and Ferrari also returned more than €800 million to shareholders through a dividend and buybacks. Racing helped too, as higher sponsorships and engine rentals to other Formula 1 teams lifted revenue. Meanwhile, the order book covers 2027 in full, and the new 12Cilindri Manuale is already fully allocated, which is about as strong a demand signal as a carmaker can send. Those trends are why revenue guidance moved up to about €7.60 billion from about €7.50 billion.
Part of the strength is timing. Operating profit got a boost from temporarily lower depreciation and amortization while Ferrari swaps out models, and the company says those charges will climb once the new cars enter production. Net profit also leaned on a 23.0% tax rate, which reflects an estimated benefit from the new Patent Box. Neither says much about how profitable the cars themselves are.
Costs are climbing too. Higher industrial and marketing expenses weighed on operating profit, EBITDA margin slipped to 39.0% from 39.7% a year earlier, and management expects heavier brand, racing and digital spending for the year. Currency is a drag as well, mostly from the dollar and the yen, which is why 11% growth at constant currency shrank to 8% as reported. Deliveries totaled 3,366 cars while the 296 GTS, Roma Spider and SF90 XX family wound down, and sponsorship, commercial and brand revenue grew just 2%. And the whole outlook leans on current visibility into the Middle East crisis, which Ferrari cannot control.

#Ferrari

On August 6, Republic Services (NYSE:RSG) reported earnings of $1.84 per diluted share for the quarter that closed on June 30, up from $1.75 a year earlier, and lifted most of its full-year targets. Here is the odd part. The company moved less volume than it did a year ago and still grew profit. Understanding how that works, and how long it can last, is the whole story.
Start with pricing, because that is the engine. Core price on total revenue added 5.3% to growth, which helped lift total revenue by 4.6%. Inside the related business, price contributed 4.1% in the restricted portion and 7.8% in the open market. Management says price beat cost inflation, and the margin backs that up. Adjusted EBITDA reached $1.42 billion at a 32.1% margin, matching the prior year even after Republic absorbed a 50 basis point drag from event-driven landfill volumes it received in 2025.
Cash generation is just as sturdy. Through the first half of 2026, operations produced $2.38 billion, and adjusted free cash flow came to $1.58 billion. That paid for $860 million of acquisitions and $1.04 billion returned to shareholders, so Republic is buying growth and rewarding owners from the same pool. The board added 4.5 cents to the quarterly dividend, setting it at $0.670 per share with an October 2 record date and payment on October 15. Management also raised full-year revenue, adjusted EBITDA, and free cash flow guidance, and set adjusted earnings at $7.23 to $7.28 per share.
The catch is that volume is moving the wrong way. Average yield added 3.4% to total revenue, while volume took away 1.6%, and the related business gave up 1.9% to volume. That makes this a price-led story, and price can only carry so much weight if volumes keep shrinking. Acquisitions also supplied 1.1% of the 4.6% total growth, so organic growth is smaller than the headline suggests.
Other lines were softer too. The environmental solutions business slipped 0.2%, so it added no lift. Recycled commodities sold for an average of $136 per ton at Republic's recycling centers, which is $13 lower than a year earlier. Margin only matched last year's level, and adjusted earnings per share rose 4.5%, just under revenue growth, so profit grew in step with sales rather than faster.

#year

GE Vernova Inc. (NYSE:GEV) is one of Jim Cramer's favorite stocks. Throughout 2025, the CNBC TV host continued to heap praise on the firm. Cramer's praise came at a time when new-age nuclear power and quantum computing stocks were experiencing strong gains. Throughout this period, he continued to **** ert that GE Vernova Inc. (NYSE:GEV) was the only nuclear firm with a stable delivery timeline and the capacity to deliver. In his morning appearance on the 15th, Cramer discussed the recent dip in shares and worries about a slowdown in the AI buildout:
"One company, GE Vernova, which was hit incredibly hard, which actually builds these, was saying they're seeing an order acceleration. So I really doubt the idea there's going to be a decel. Now that stock got hammered yesterday, it's been a horrendous stock since we started getting this political controversy. But again I point out that you just hear no one say anything about pullback."
For GE Vernova Inc. (NYSE:GEV), as perhaps indicated by the share price movement, the narrative is driven by its backlog and overall exposure to AI's power generation demand. On this front, CEO Scott Strazik, another Cramer favorite, outlined during the firm's second quarter earnings that data center orders of $5 billion for H1 2026 had already doubled over the full year 2025 figures. Additionally, during Q2, the firm's total orders touched $24 billion to mark an 88% growth driven by its Power and Electrification segment. As a whole, GE Vernova Inc. (NYSE:GEV)'s Q2 revenue grew by 22% annually, while its overall backlog and electrification backlogs sat at $176 billion and $446 billion.
At the same time, with GE Vernova Inc. (NYSE:GEV) also relying on gas turbines for its business, the debate is also about whether exposure to AI can remove the inherent cyclicality in the business. Additionally, with data centers accounting for 40% of the Electrification business's orders, any slowdown in capex spending by big tech players could generate tailwinds for GE Vernova Inc. (NYSE:GEV). Similarly, while the data center business is booming and the gas generation business remains tied to prices and interest rates, the firm's wind business is a drag and expected to hurt the bottom line throughout 2026.
In Q2, 106 out of the 1,006 funds tracked by Insider Monkey had held a stake in GE Vernova Inc. (NYSE:GEV), which marked a dip over the 118 out of 1,022 funds in Q1. Whether the dip was due to the order mix and AI sentiment or due to profit taking, your guess is as good as ours. On the valuation front, GE Vernova Inc. (NYSE:GEV) trades at a forward P/E ratio of 35, while short interest as a percentage of float is 3.29%.

#vernova #business #throughout #data

Six-Month Run: NVDA stock has climbed 20.6% since mid-March, a 45.4% annualized pace, even as the S&P 500 wobbled under the Fed's rate hike and a 10-year Treasury yield near 5%.
Model Verdict: TIKR's model puts fair value at $643, implying 193% total return by early 2031.
Coverage Split: Nvidia stock carries 48 buy ratings, 10 outperforms, 2 holds, 2 no opinions and 1 sell, with a mean target of $328, 50% above the current price.
Supply Squeeze: Nvidia guided to roughly 70% revenue growth for fiscal 2028 on demand it calls supply-constrained, with cloud industry backlog above $2 trillion.
Nvidia (NVDA) stock has climbed 20.6% since mid-March, a 45.4% annualized pace, while the Federal Reserve's first rate hike in more than three years pushed the 10-year Treasury yield toward 5% and dragged the S&P 500 into back-to-back weekly declines. Most of the market treated the hike as a reason to sell. Nvidia stock kept climbing anyway.

#march #model #supply #since

Ramsey warns that depreciating ****** ets like cars erode wealth, and 84% of millionaires credited ditching car payments as key to building it.
A $30,000 car loses roughly $18,000 in value within five years, and average annual ownership costs hit $11,577, making cars a major wealth drag.
Since Micah maxes retirement accounts, carries zero debt, and pays cash, buying the sports car is defensible if he maintains those financial habits.
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.
A caller to the Dave Ramsey Show recently sparked a pointed conversation about cars, wealth, and what it actually means to earn a solid income. The caller was Micah, a 24-year-old earning $80,000 per year. He maxes out both his 401(k) and IRA and carries zero debt. His question was simple: he has $30,000 in cash and wants to put it toward a 2019 Nissan 370Z as a weekend car, but he wonders whether investing the money instead would serve him better long-term.

#zero

Volkswagen announced a steep cut to its full-year profit outlook on Friday, citing roughly €10 billion ($11.5 billion) in one-time charges concentrated at its troubled Porsche division, amid mounting pressure from U.S. tariffs and a weakening Chinese auto market on the world's second-largest automaker.
The company said it now expects an operating return on sales of up to 1% for 2026, down from its previous guidance of 4% to 5.5%. Volkswagen also said full-year revenue is expected to fall to about €315 billion, from €321.9 billion in 2025.
The bulk of the charges — about €6 billion — stem from revised mid-term ******* umptions for Porsche, in which Volkswagen holds a 75.4% stake. The sports car brand has been hit by U.S. tariffs and a collapse in demand for foreign luxury vehicles in China. On top of that, Volkswagen said it would book a further €2 billion in impairments in the second half of the year, covering China-related writedowns as well as restructuring charges such as costs from early-retirement schemes and the pending divestiture of its Osnabrück plant in Germany, according to The Wall Street Journal.
Volkswagen stock closed down 5.6% following the announcement. Shares of Porsche and Volkswagen's top shareholder Porsche SE fell 3.3% and 4.9%, respectively.
The company cautioned that "further deterioration in the market environment, especially in China, as well as an accelerated shift in demand in favour of battery-electric vehicles" would drag down results, with its Audi and Volkswagen passenger car brands bearing the brunt. Volkswagen noted that its outlook ******* umes tariffs remain unchanged and does not account for possible future effects from the war in the Middle East.

#charges #tariffs #full

MILAN — Italy's tanning industry has yet to emerge from a downturn that has dragged on for four years. During the Lineapelle trade show which ran Tuesday to Thursday, UNIC, Italy's tanners' ***** ociation reported a 6.4 percent decline in turnover and a 5.2 percent drop in production volumes in the first half of 2026 compared with the same period last year.
The situation, UNIC said, continues to reflect geopolitical uncertainty and persistent inflation, which is tightening consumer spending on fashion, furniture and automotive products.
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#percent #lineapelle #thursday #Trump

Volkswagen has dramatically cut its 2026 profit outlook as deteriorating business in China, restructuring costs and a multibillion-euro writedown at Porsche pile pressure on Europe's largest automaker.
The German carmaker now expects an operating margin of no more than 1% this year, down from its previous forecast of at least 4%, according to Bloomberg. Volkswagen shares fell more than 7% following the announcement, dragging other automakers lower.
VW expects around €10 billion ($11.5 billion) in charges this year, including restructuring costs ****** ociated with workforce reductions and writedowns on Chinese ****** ets. The total includes a €6-billion writedown related to Porsche, reflecting revised long-term expectations for the sports-car maker.
Excluding the exceptional charges, Volkswagen said its operating margin would be around 4%.
China represents one of the biggest challenges. Volkswagen CFO Arno Antlitz said the market has contracted by around 20%, with no stabilization currently in sight. Chinese automakers are simultaneously taking domestic market share and expanding into Europe with competitively priced electric vehicles.

#porsche

On August 5, Cencora (NYSE:COR) reported results for its fiscal third quarter, which closed on June 30, and the headline numbers looked clean. Revenue rose 5.1% to $84.8 billion, adjusted earnings per share climbed 12.0% to $4.48, and management raised its full-year adjusted EPS outlook to $17.75 to $17.95. The company also repurchased $1 billion of its own stock during the quarter. But the profit story has moving parts, and a few of them pull in opposite directions.
Start with the gap between profit growth and sales growth. Adjusted operating income rose 17.0% while revenue grew only 5.1%. Much of the help came from gross profit, which jumped 23.2% on an adjusted basis as both segments contributed and the OneOncology acquisition in February lifted margins in the US business. In plain terms, adjusted gross margin widened 61 basis points to 4.16%, so the company keeps more gross profit from every dollar it sells.
The strength was not confined to one corner, either. US Healthcare Solutions grew operating income 15.9% on higher pharmaceutical sales and the OneOncology deal, while specialty volume to health systems and physician groups lifted its revenue. International Healthcare Solutions did better still, with operating income up 20.8% on strength in European distribution and global specialty logistics. Management also put cash to work, completing in one quarter the $1 billion of buybacks it had expected to finish by the close of calendar 2026. The board declared a $0.60 quarterly dividend as well, payable August 31, to holders of record on August 14.
Growth is costing more than it first appears. Adjusted operating expenses jumped 26.8%, faster than adjusted gross profit, because OneOncology brought expenses along with its profits. Even so, adjusted operating income amounts to just 1.46% of revenue, a thin cushion on a business this large. Financing adds weight too. Cencora funded part of the purchase with new senior notes plus variable-rate term loans, and net interest expense rose $58.9 million from a year earlier.
The sales mix carries its own drag. GLP-1 drugs for diabetes and weight loss are adding to revenue, but they earn lower gross margins, so each dollar of that growth is worth less to profit. Meanwhile, an oncology customer Cencora lost in 2025, and lower sales to a large mail order customer both held back US revenue, as did lower manufacturer prices on some brand pharmaceuticals. Cencora is also exploring strategic alternatives for a group of other businesses, and its April divestiture of US Consulting Services trimmed consulting sales.

#profit #operating #Growth #august

SGOV, JPST, and VTIP create a layered cash reserve covering one to five years, shielding equities from forced sales in a bear market.
Drawdowns from 2000 to 2007 and 2008 to 2013 both lasted multiple years, proving one year of T-bills forces equity sales at the worst possible time.
VTIP adjusts principal with CPI and delivers a 2.42% real yield, protecting purchasing power when inflation surprises retirees in years four and five.
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You retired into a market that rewards patience and punishes forced sellers. The bucket strategy answers a single question: how much of your spending can you cover without touching stocks when the S&P falls 30%? Guess one year, and a prolonged drawdown forces you to sell equities at the bottom. Guess five, and you drag on returns. The middle path is a laddered cash reserve, and three ETFs do the heavy lifting: iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV), JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST), and Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP).

#vtip

President attacks insiders who revealed details of Iran briefing with Tulsi Gabbard to Wall Street Journal last month, threatening repercussions
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President Donald Trump has lashed out at leakers in his own administration after a series of behind-the-scenes reports on the Iran war.
As the conflict Trump claimed would be over in six weeks drags into its seventh month, insiders have repeatedly claimed the president was warned against taking action by his own advisors.

#Iran #claimed #street

Johnson & Johnson (JNJ) has been a rewarding stock to hold, up about 53% over the past year against about 17% for the S&P 500. The change worth noticing over that stretch is quieter than the price. Management said sales still rose 5.6% despite a STELARA drag of about 460 basis points. Management is encouraging investors to evaluate the company's underlying momentum by presenting growth rates that exclude STELARA alongside its reported figures.
A year and a half ago, that drag was the headline. Management's own framing of the first quarter of 2025 noted an approximate 810 basis point headwind on Innovative Medicine sales.
By the second quarter of 2026, that segment-level drag remained heavy at roughly 760 basis points (or about 460 basis points across the total enterprise), yet management's emphasis shifted to highlighting double-digit operational growth excluding STELARA
The exclusion is not a rounding adjustment. STELARA sales fell 55.7% in the second quarter of 2026, and management put that drag at about 460 basis points of the whole company's 5.6% operational sales growth.
Two products show what the replacement looks like. TREMFYA booked $2 billion of sales in the second quarter of 2026, up over 70%, and management says ulcerative colitis and Crohn's disease are the major drivers of that growth. ICOTYDE, a recently launched once-daily pill for psoriasis, is the second, which leadership has highlighted as a key pipeline priority for the immunology business.

#sales #basis #drag #quarter