The digital payments giant sent a fortune back to its owners, yet the stock fell far behind the market. Here is the accounting of what that cash really bought.
PayPal (PYPL) operates the digital wallet and payment network millions use for everything from online shopping to splitting a dinner bill. But while its service is familiar, its stock, trading around $59.78, has been a source of frustration, sitting about 34% below its two-year high. Against that backdrop, the company has executed one of the largest capital returns in the market. Over the last five years, it handed back nearly $26 billion to shareholders, a figure equal to 51% of its entire current value. The company paid owners a fortune while the stock lagged; was holding worth it, and is it now?
A $26 Billion Payout Fueled Almost Entirely by Buybacks
The cash return machine is powered by the fees PayPal collects on its large payment volume, generating a free cash flow yield of 12.6%. The company then directs that cash back to its owners. The method, however, has been overwhelmingly one-sided. Of the total returned over five years, a huge $26 billion came from share repurchases, with just $252 million paid out as dividends.
This buyback-heavy strategy is designed to shrink the share count and boost earnings per share. It is a vote of confidence from management, using company cash to buy its own stock. But for the individual investor, the real measure is total return, which accounts for both price movement and dividends.

#back #fortune

On August 4, Nvidia Corporation (NASDAQ:NVDA) opened up commercial use of Alpamayo 2 Super, a reasoning model built for robotaxis and self-driving cars. The move signals where the company wants its next growth chapter to come from, even as investors argue over what its core chip business is worth today.
Alpamayo 2 Super is the newest entry in what Nvidia calls the most downloaded family of open reasoning models for autonomous driving on Hugging Face, with the lineup topping 500,000 downloads. It ships under OpenMDW 1.1, the Linux Foundation's open license, which lets automakers and suppliers fine-tune and sell products built on it without asking Nvidia for extra permission. That turns a research release into a business: developers can build proprietary self-driving stacks on Nvidia's foundation without paying frontier-model prices for every task. On the LingoQA driving benchmark, Nvidia says the model beat Gemini 2.5 Pro by 15.1 points and GPT-4o by 23.2 points, and it can output a full driving trajectory alongside a plain-language explanation of its reasoning, a feature built for safety reviewers as much as for a leaderboard.
That expansion sits on top of a business already growing faster than its size would suggest. Trailing 12-month revenue climbed 71% to $253 billion, and the pace has been accelerating rather than cooling, moving from 56% growth a year ago to 85% in the most recent quarter. Data center revenue, the business autonomous-vehicle compute rides on, rose 92% year over year to $75.2 billion, and Nvidia raised its quarterly dividend from a penny to $0.25 a share while authorizing an $80 billion buyback. Demand from its biggest customers backs that up: Alphabet (NASDAQ:GOOGL) raised its 2026 capital spending guidance toward $195 billion to $205 billion, Amazon (NASDAQ:AMZN) lifted its own estimate toward $220 billion, and ******* eX (NASDAQ:SPCX) CEO Elon Musk said his company is "exclusive to Nvidia" for its next computing architecture.
The market's response to all that growth has cooled. Nvidia's stock has fallen or barely moved after each of its last several earnings reports, even on beats, and it reports fiscal second-quarter results again on August 26. Some of the caution is arithmetic. Nvidia's market capitalization has reached roughly $5 trillion, about a sixth of annual US economic output, a size that makes the kind of percentage gains that built early fortunes in the stock difficult to repeat.

#NVIDIA #model #Growth

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and workers have turned to job hopping for higher pay and career growth, employee loyalty has become harder to find. Billionaire investor Bill Ackman, however, still believes earning employee loyalty is worth every penny.
That's why his hedge fund Pershing Square, which manages roughly $35 billion in ***** ets, offers its four dozen employees generous workplace benefits, including broad ownership and an even rare degree of flexibility for Wall Street.
"There's not a person at Pershing Square that doesn't own multiple millions of dollars of stock in the company—whether you're cleaning the ***** e or at the front desk or another role in the company," Ackman told Fortune's Editor-in-Chief Alyson Shontell on a recent episode of Fortune's ***** ans and Disruptors of Industry podcast. "We believe in taking care of our people."
Ackman's approach to retention goes beyond financial incentives. While Perishing employees are required to work from the office five days a week—that policy only applies for 10 months of the year. During July and August, employees can spread out as they like, with the company's investment team moving to the Hamptons together, either in homes they rent or own, to work.
"We look after people, and so that when you operate that way, people don't think about going anyplace else," Ackman said.

#become

Argentine Guillermo Balzi and South Korean Lee Ho-jae scored on their 2. Bundesliga debut as SV Darmstadt and Holstein Kiel shared spoils at Bollenfalltor. The hosts scored twice in the last 15 minutes after their poor start to the game.
Former Newell's Old Boys midfielder Balzi opened the scoring inside the first ten minutes with a brilliant finish after Phil Harres' fortuitous ****** ist. There was no fortune involved when Harres doubled their advantage just before the break, though.
The striker who had a brilliant pre-season scored with a free header after Adrian Kapralik's pinpoint delivery. Darmstadt looked defeated until the introduction of their summer signing Lee at the hour mark.
The tall striker first received a huge cheer from the home fans when he helped his injured teammate Yosuke Furukawa get off the pitch by holding him all by himself. Five minutes after that incident, the former K League 1 targetman scored with a brilliant finish.
Darmstadt sealed the point five minutes before time as Aleksandar Vukotic produced a bullet header from Lance Duijvestijn's corner-kick delivery. Kiel's coach Tim Walter was visibly irritated after the final whistle by the manner in which his team dropped two points.

#minutes #finish

Things are going from bad to worse for Meta Platforms (NASDAQ: META). The company already wasn't having a good year, but its second-quarter results, released on July 29, raised even more concerns for many investors and sent shares down about 8% after its update, wiping $18 billion from CEO Mark Zuckerberg's (whose wealth is mostly due to his owning a large portion of the company) net worth. Meta's shares rebounded somewhat after the post-earnings drop, but they are still down 9% year to date. Has the sell-off gone too far?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
One reason investors are worried about Meta's future is that the company is spending heavily on its artificial intelligence (AI) projects. During the second quarter, these investments contributed to a 13% year-over-year decline in earnings per share to $6.18. Even worse, Meta's free cash flow plunged by 91% year over year to $784 million. Zuckerberg is unapologetically bullish on AI. But the last time he was that excited about one of the company's initiatives, things didn't turn out well. Several years ago, Meta Platforms started pouring small fortunes into its metaverse ambitions.
Zuckerberg had a grand vision of a shared digital world where millions of people could interact, potentially opening the door to billions of financial transactions that the company could support. However, Zuckerberg's master plan has failed, at least so far, and mostly ended up being a drag on earnings and margins. Many people fear that something similar may happen with the company's AI-related ambitions.
Still, there are important differences between Meta Platforms' metaverse push and the company's AI-related efforts. For one, the company is already capitalizing on the technology, arguably way more than it ever profited from its work on the metaverse. Meta's AI-powered algorithms have helped boost engagement on its websites and apps, while the company is also helping advertisers improve their ad campaigns.

#meta #NVIDIA #earnings

Space Exploration Technologies (NASDAQ: SPCX) reported its first financial update as a publicly traded company (for the second quarter) on Aug. 4 amid high expectations. The company's shares rose before it released its earnings report. Unfortunately, the **** e company's results disappointed the market, sending the stock sharply lower and extending the losses from recent weeks. **** eX stock is down 20% from its IPO price and 52% from its all-time high. However, even at current levels, the company's shares aren't attractive, in my view. Here are three reasons why I am not buying the dip yet.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX's second-quarter results weren't bad. The company's revenue soared 92% year over year to $7.8 billion, while it cut its net loss nearly in half, landing at $541 million for the period, versus the $1 billion reported in the prior-year quarter. However, there are some worrying signs. Notably, **** eX is spending a small fortune to capitalize on what it perceives as a massive opportunity in artificial intelligence (AI). During the second quarter, **** eX's capex within its AI business was $15.8 billion, more than doubling quarter over quarter. It was also more than six times the capex in its two other operating segments combined.
Management says it will continue to spend heavily on AI over the next few quarters. That's a problem for the company's near-term performance. The market is punishing other corporations that are also spending heavily on AI, even when they generate significantly more revenue and earnings than **** eX and also boast attractive opportunities in this market. Perhaps the spending is justified and will eventually transform **** eX's business. But it's unlikely that we will see a significant return on investment from **** eX's AI-related spending over the next year, which leads me to believe that the stock may fall further and offer investors who believe in its vision an even more attractive entry point.
SpaceX is acquiring Cursor, an AI start-up, for $60 billion. One noteworthy aspect of this deal is that it is an all-stock transaction. Translation: **** eX is diluting existing shareholders by issuing new shares to fund this acquisition. It may be worth it in the long run if Cursor can improve **** eX's AI business, but this transaction may put downward pressure on the stock over the next year or so, especially if many of these new shareholders decide to cash out.

#SpaceX

Malcolm-Jamal Warner's financial legacy is a classic study in how huge cultural fame doesn't always translate into a massive fortune. After soaring to stardom at age 14 as Theo Huxtable on "The Cosby Show," he spent the next four decades consistently working as an actor, director and Grammy-winning musician. Yet, despite his enduring career and broad household recognition, his overall wealth never quite reached the blockbuster heights many ******* umed. When he tragically drowned at age 54 while on a family vacation in Costa Rica in July 2025, he left behind an estate worth only a fraction of public expectations.
A year after his passing, that estate has found itself wrapped up in legal drama. His widow is currently suing his mother over a family trust dating back to 1996 and an unfulfilled prenuptial agreement. Examining Malcolm-Jamal Warner's net worth uncovers the full story of his career earnings, the actual ******* ets he left behind and the complicated legal battle now dividing his family over his estate.
The honest answer is that no one outside the cast knows the exact figures. Residual payments to individual actors were never made public. Still, two things are clear. The show itself was a syndication machine, and the checks have largely stopped.
The scale was staggering. In 1988, local stations paid a then-record $500 million for the rerun rights, TV Guide reported. That came to nearly $4 million per episode across 172 markets. Bill Cosby held a 20% equity stake, and he earned roughly $166 million from that single deal. Over the decades, the series generated more than $1.5 billion in global syndication revenue.
Those syndication numbers belong to the show and its creator, though, not to the young cast. They also explain why Malcolm-Jamal Warner's net worth never reached Cosby-level heights. Actors instead earn residuals on a sliding scale that shrinks with each rerun, and specific amounts stay private. Warner's cut, like that of castmates such as Phylicia Rashad and Joseph C. Phillips, was never disclosed.

#family #estate #syndication #million

Few, if any, movie stars achieve the level of celebrity of Paul Newman without good fortune. No one recognized that more than the screen legend himself.

Newman's luck did not begin with his three-year stint in the U.S. Navy during World War II. He understood during his years in the Pacific (and then in Hollywood) that fate fell in his favor more than once.

Also Read: Why it took 2 decades for 'Patton' to make it to the big screen

While serving his country, forces beyond his control likely saved Newman's life. If a pilot in his squadron hadn't come down with an ear issue, Newman might have died at Okinawa—one of the bloodiest battles in military history. Then Newman was supposed to take part in the invasion of mainland ***** an. Dubbed Operation Downfall, Allied commanders called it off after the bombings of Hiroshima and Nagasaki.

Newman, who died on September 26, 2008, at the age of 83, admittedly didn't fully consider the potential consequences when he enlisted.

"I thought it would be a big adventure," Newman said of joining the military during wartime. "I was really dumb. I never considered that it might be dangerous."
Academy Award-winning actor Paul Newman served in the Navy for 3 years. (U.S. Navy illustration/Peggy Frierson)
Born on January 26, 1925, in Ohio, Newman was in his first year at Ohio University when he dropped out. Newman signed up for the Navy with the intent of becoming a pilot. He never made it to the ***** pit after a supposedly routine exam revealed he was colorblind.

Newman pivoted from that diagnosis and began training as a rear gunner and radioman for Grumman TBF Avenger torpedo bombers. In the Pacific, the Navy ***** igned Newman to squadrons that trained air crews and pilots. After a stint as a turret gunner, the plan was for Newman and his squadron to meet up with the USS Bunker Hill, an aircraft carrier stationed near the shore of Okinawa.

They never made it that far after their pilot wasn't medically cleared to fly. That turned out to be a likely life-saver after the ***** anese unleashed kamikaze attacks on the USS Bunker Hill on May 11, 1945. Nearly 400 men on the carrier died, with 264 more wounded.

It wasn't the only time that Newman, then only 20 years old, skirted death during the war. He did it again a few months later. When the United States dropped an atomic bomb on Hiroshima on August 6, 1945, Newman was on an aircraft carrier several hundred miles from ***** an. Three days later, another bomb destroyed Nagasaki.

Approximately 214,000 ***** anese citizens, including roughly 38,000 children, died in the attacks, per the International Campaign to Abolish Nuclear Weapons (ICAN). Those numbers don't include those who were maimed. While President Harry S. Truman's decision remains a source of debate, but Newman didn't question it.

"I know all of the controversy about those weapons," Newman said. "But I'm one of those guys who says, 'Thank God for the atomic bomb,' because it pro

What channel is Panthers vs. Cardinals on? Time, TV schedule, live stream to watch NFL Hall of Fame Game 2026 originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Nearly six months after the Super Bowl, the NFL is back Thursday night.
The Carolina Panthers and Arizona Cardinals will face off in the traditional preseason opener, the Hall of Fame Game in Canton, Ohio, getting an early start on their preparations for the 2026 campaign.
While Bryce Young remains key to the Panthers' fortunes, he won't be suiting up Thursday. Kenny Pickett will get the start at QB for Carolina with undrafted rookie Haynes King from Georgia Tech set to back him up.
The Cardinals will use the opener to take a long look at third-round pick Carson Beck, who will start at QB with Jacoby Brissett and Gardner Minshew not expected to play.

#hall

Tottenham Hotspur centre-back Ashley Phillips is closing in on a move to Middlesbrough.
According to Sky Sports reporter Michael Bridge, Tottenham are in advanced talks with the Championship side over a deal for the forgotten defender.
Tottenham and Middlesbrough initially struggled to find common ground, but negotiations are now moving in a positive direction. It's only a matter of time before an agreement is finalised.
Spurs have already spent a fortune to revamp their squad this summer and have shored up their leaky backline with a few experienced and quality additions.
Marcos Senesi and Andrew Robertson joined Tottenham on a free transfer while Jan Paul van Hecke came in from Brighton & Hove Albion in a deal worth around £60 million.

#deal #bridge

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group's premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth Social posts milliseconds before the general public.
"I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition."
Because Trump owns roughly 41% of the company's shares, he stands to directly profit from the new recurring revenue stream. At five subscribers alone, the service would generate about $500,000 in monthly revenue, or $6 million annually.
That figure is modest by the standards Trump has set since returning to the White House. His 2025 financial disclosure showed his businesses generated more than $2 billion in personal income last year—nearly quadruple his 2024 total—with the bulk flowing from ventures that sit directly at the intersection of his office and his balance sheet. He earned roughly $1.4 billion from cryptocurrency alone, including $635 million in royalties from his $TRUMP meme coin and more than $500 million from World Liberty Financial, the crypto venture run by his sons.
Notably, Trump signed legislation promoting stablecoins just months after World Liberty launched its own—a policy-to-profit pipeline structurally similar to what Truth API now does with his social media posts. He has also collected millions from Trump-branded Bibles, sneakers, and watches, and Melania Trump secured a reported $28 million deal with Jeff Bezos for a documentary. Truth API is the latest mechanism in an established playbook.

#service #posts #street #World

India captain who conquered Test series in Australia gives verdict on England coach Stephen Fleming before Ashes 2027 originally appeared on Cricket News. Add Cricket News as a Preferred Source by clicking here.
Ajinkya Rahane has praised England's new Test coach Stephen Fleming ahead of the 2027 Ashes.
Rahane played under Fleming at Chennai Super Kings, winning the IPL 2023 ******* le.
He credited the coach for the freedom and security he gave players.
Ajinkya Rahane knows a thing or two about thriving under pressure, having famously led a depleted India to a historic Border-Gavaskar Trophy triumph in Australia in 2020-21. Now the veteran has offered a glowing verdict on Stephen Fleming, the man tasked with reviving England's Test fortunes ahead of the 2027 Ashes.

#stephen #rahane #Cricket

Every earnings season has a moment where a CEO says something that cuts through the noise. Not a guidance range or a revenue beat. Something that reframes how investors are supposed to think about the company. Meta's Q2 call on July 29 had one of those moments, and it didn't come from the income statement.
The numbers themselves were rough. Earnings per share dropped 13% year over year to $6.18, missing Wall Street's $7.10 consensus by nearly a dollar. Free cash flow fell almost 91% to just $784 million, down from $8.55 billion a year earlier. Capital expenditure hit $31.1 billion in the quarter alone, nearly double what Meta spent in the same period last year. The stock fell roughly 8% to 10% in after-hours trading. The company had already slid 21% since July 15. None of that was new information by the time Zuckerberg opened his mouth on the call.
What Zuckerberg said on that call is what investors who have been selling need to sit with.
Meta has been building AI infrastructure at a pace that has alarmed some investors. Capital expenditures hit $31.1 billion in just the second quarter, nearly double what Meta spent in the same quarter a year earlier. The company has guided to $130 billion to $145 billion in full-year 2026 capex, more than double the $72 billion it spent in 2025. The question everyone has been asking is whether any of that spending will ever pay back, according to Fortune.
More Mark Zuckerberg:

#call #nearly #quarter

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group's premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth Social posts milliseconds before the general public.
"I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition."
Because Trump owns roughly 41% of the company's shares, he stands to directly profit from the new recurring revenue stream. At five subscribers alone, the service would generate about $500,000 in monthly revenue, or $6 million annually.
That figure is modest by the standards Trump has set since returning to the White House. His 2025 financial disclosure showed his businesses generated more than $2 billion in personal income last year—nearly quadruple his 2024 total—with the bulk flowing from ventures that sit directly at the intersection of his office and his balance sheet. He earned roughly $1.4 billion from cryptocurrency alone, including $635 million in royalties from his $TRUMP meme coin and more than $500 million from World Liberty Financial, the crypto venture run by his sons.
Notably, Trump signed legislation promoting stablecoins just months after World Liberty launched its own—a policy-to-profit pipeline structurally similar to what Truth API now does with his social media posts. He has also collected millions from Trump-branded Bibles, sneakers, and watches, and Melania Trump secured a reported $28 million deal with Jeff Bezos for a documentary. Truth API is the latest mechanism in an established playbook.

#Trump #truth #posts

Aston Martin team principal Adrian Newey insists he is "pretty confident" that Fernando Alonso will extend his time with the team beyond this season.
Alonso, the 45-year-old two-time world champion, has stated he will decide his future over the summer break and is contemplating retiring from Formula 1 after more than two decades in the sport.
Aston, with new engine partners Honda, have endured a horrendous start to the 2026 season, with safety concerns, car reliability and all-out speed among a myriad of issues for a team who were hoping to be challenging at the top this year. Instead, they are the slowest team alongside Cadillac at the rear of the field.
Yet F1 design guru Newey, who has been tasked with turning Aston's fortunes around, believes Alonso will persevere with the outfit and drive for the team beyond his current contract, which expires at the end of the season.
"I mean, obviously Fernando's an amazing driver, brings huge amounts to the team, both in his feedback and his ability," Newey said.

#newey #season

The pharmaceutical giant sent shareholders a fortune in cash, yet the stock itself fell far behind the market. Here is the honest accounting of what owners actually got.
For an income investor holding Pfizer (PFE) stock, which trades around $25 a share, the last five years have posed a sharp question. The company returned an extraordinary $49 billion to shareholders through dividends and buybacks. That figure, equal to 34% of its current market value, is a gusher of cash by any standard. But over that same period, the stock's total return was -21%, while the S&P 500 delivered an +81% gain. The paradox is the whole story: the company showered owners with cash while the stock lagged. Was holding worth it, and is it now?
The machine behind the payout is a large pharmaceuticals business with $63.31 billion in revenue over the last twelve months. Its operating margin of 25% runs well ahead of the 18.4% median for the S&P 500, generating the substantial free cash flow needed to fund shareholder returns. Of the $49 billion returned over five years, the vast majority, $47 billion, came from dividends, with a smaller $2.0 billion spent on share repurchases.
This dividend focus is a core part of the company's stated strategy. Management recently affirmed its commitment, stating on its latest earnings call, "We intend to maintain and over time, grow our dividend as we continue to de-lever and build long-term value." For shareholders, this has meant a steady stream of checks from a business built for scale.
While the checks were generous, the total return figure tells a sobering story. The -21% return already includes reinvested dividends; the stock's price performance was significantly worse. The market has been pricing the stock not on its past cash generation, but on its future challenges. The honest catch is the looming patent cliff, what the industry calls loss of exclusivity (LOE). Management recently sized this headwind at "$14 billion to $15 billion" in annual revenue at risk.

#billion #cash #behind

Bochum's first season back in the 2. Bundesliga did not unfold as many had hoped, but there is renewed optimism around the Vonovia Ruhrstadion as Uwe Rösler prepares for his first full campaign in charge.
After stabilising the club following a difficult start last season, the former Fortuna Düsseldorf boss now has the opportunity to shape the squad in his own image and guide Bochum towards the upper end of the table.
Bochum's response to relegation began in disastrous fashion. Under Dieter Hecking, they won just one of their opening eight league matches while losing the other seven, leaving the club firmly in the relegation battle.
Rösler arrived in October and quickly transformed Bochum's fortunes. His side lost just one of his first 15 league games in charge, climbing comfortably away from danger and ultimately finishing ninth with 44 points, seven clear of the relegation zone.
Bochum have been busy rebuilding their squad this summer, bringing in ten new faces. Nine have arrived on free transfers, while Michael Steinwender joined from Hearts for an undisclosed fee.

#season

During the July 21 episode of CNBC's Mad Money, host Jim Cramer addressed viewer complaints about managing technology allocations as memory and storage stocks experience short-term price surges. Cramer defended his commitment to mega-cap tech leaders, noting that short-term performance gaps do not change the long-term dominance of primary platform owners. Acknowledging recent market movements, Cramer noted:
I certainly don't rebel at owning tech. Hey, my Charitable Trust's largest positions are Apple and NVIDIA, for heaven's sake. Sure, these haven't kept up with Sandisk or Western Digital lately, but they are unique, excellent companies that are making fortunes.
For investors looking for direct, targeted exposure to individual hardware components within the artificial intelligence infrastructure buildout, Cramer outlined a clear breakdown of his preferred market leaders across each category:
So here's my advice: If you want to go own a memory chip maker, I like Micron. If you want GPUs, to me, that's AMD or NVIDIA. If you want CPUs, that's Intel. Racks, call Dell. Optics, make it Corning.
Cramer's framework breaks down the artificial intelligence infrastructure stack into distinct, specialized categories rather than treating the semiconductor sector as a single, uniform trade. At the memory layer, Micron Technology, Inc. (NASDAQ:MU) serves as his primary pick for high-speed DRAM and High Bandwidth Memory modules that feed real-time data into complex AI processors. Storage-focused peers like Western Digital Corporation (NASDAQ:WDC), Sandisk Corporation (NASDAQ:SNDK), and Seagate Technology Holdings plc (NASDAQ:STX) complement the ecosystem by providing the flash storage and mass-capacity hard drives required for secondary data retention, but they operate outside the high-margin primary compute memory layer where Micron Technology, Inc. (NASDAQ:MU) maintains a core competitive advantage.

#cramer #technology #micron

Donald Trump has created a way for Wall Street to pay to win. Trump Media & Technology Group's premium data product released its new subscription service for earlier access to Truth Social posts for $100,000 a month. According to reports, five Wall Street firms have already signed up for the service, gaining access to Truth Social posts milliseconds before the general public.
"I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition."
Because Trump owns roughly 41% of the company's shares, he stands to directly profit from the new recurring revenue stream. At five subscribers alone, the service would generate about $500,000 in monthly revenue, or $6 million annually.
That figure is modest by the standards Trump has set since returning to the White House. His 2025 financial disclosure showed his businesses generated more than $2 billion in personal income last year—nearly quadruple his 2024 total—with the bulk flowing from ventures that sit directly at the intersection of his office and his balance sheet. He earned roughly $1.4 billion from cryptocurrency alone, including $635 million in royalties from his $TRUMP meme coin and more than $500 million from World Liberty Financial, the crypto venture run by his sons.
Notably, Trump signed legislation promoting stablecoins just months after World Liberty launched its own—a policy-to-profit pipeline structurally similar to what Truth API now does with his social media posts. He has also collected millions from Trump-branded Bibles, sneakers, and watches, and Melania Trump secured a reported $28 million deal with Jeff Bezos for a documentary. Truth API is the latest mechanism in an established playbook.

#posts

French ‌coach Herve Renard has returned to take over Ivory ⁠Coast, who he led to the African ***** le in 2015, the Ivorian federation has announced in a statement.
Renard, who ⁠was an emergency replacement for Tunisia during the World Cup in June, replaces Emerse Fae.
Fae's deal was not renewed after ⁠the World Cup despite the Ivorians reaching the knockout stages for the first time in four appearances before being eliminated by Norway in the last 32.
Renard was parachuted in during the World ‌Cup to take over Tunisia after they lost their opening game 5-1 against Sweden.
But he had little success in reviving their fortunes as the Tunisians then lost to ***** an and the Netherlands, conceding a further seven goals.

#lost

For some celebrities, fame and fortune weren't enough to keep them in Hollywood forever. These former stars stepped away from the spotlight to pursue unexpected careers, from business ventures to ordinary nine-to-five jobs. Here are 13 celebrities who traded red carpets for surprising new paths.
Will / MEGA
Bridgit Mendler, best known for lighting up Disney Channel, stepped away from acting to pursue academia and entrepreneurship. Mendler's surprising pivot led her to MIT and Harvard, where she earned her master's degree and Ph.D. candidate at the MIT Media Lab before receiving her JD at Harvard Law School, and now she's trailblazing as CEO of a satellite ground-station company she took the helm of, a startup focused on building ground stations that connect to satellites in ***** e, as reported by KTLA, setting a high bar for reinvention.
MEGA
Once celebrated for his dramatic roles on screen, Armie Hammer's Hollywood journey was paused due to personal controversies, a stretch that included a stint selling timeshares in the Cayman Islands. After taking time away and navigating public scrutiny, Hammer says his acting opportunities have picked up again after roughly three years away from the industry, having returned last year in the Western feature Frontier Crucible, according to Variety, signaling a reinvention beyond acting.

#away #acting #hollywood #ground

According to research from Fidelity, baby boomers have an average 401(k) balance of $260,300 and an average IRA balance of $286,700. Those averages aren't very high, but, of course, some people have much more invested than others.
So how much is enough? Say, for example, that you have $2 million saved. Can you enjoy a life of freedom and not worry about having to earn a paycheck to cover your bills? Let's take a look at what a retirement nest egg of $2 million can do for you.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
While $2 million may seem like a small fortune, especially for those with limited retirement savings, the reality is that this money can't just be spent. It has to last throughout retirement, and some of its value is likely to be eroded by inflation.
You want to leave enough in your account to ensure that some of your funds will be making money and earning returns. If you drop your account balance, your investments won't have as much opportunity to earn. This puts you at greater risk of running out of money.

#balance

According to Forbes, Rob Walton and family are worth $130.7 billion. To put that in perspective, let's borrow the method described by author Bill Bryson in his book I'm a Stranger Here Myself. He imagined a fictitious room where unending stacks of $1 bills were piled high and a person inside is given a marker. We'll pretend it's the Broncos mascot, Miles.
If [Miles] initialed one dollar per second, [he] would make $1,000 every seventeen minutes. After 12 days of nonstop effort [he] would acquire [his] first $1 million. Thus, it would take [him] 120 days to accumulate $10 million and 1,200 days— something over three years—to reach $100 million. After 31.7 years [Miles] would become a billionaire…
Tasked with a sharpie and the chore above, it would take Miles just 4,141 years, 231 days, 4 hours and 40 minutes to count dollar-by-dollar, the Rob Walton & family fortune. No bathroom breaks. No sleep. No hype sessions on top of the scoreboard.
…but they are going to claim they need your money via personal seat licenses to help offset the cost of building the new stadium.
Personal seat licenses are a one time or recurring fee for season ticket holders to get the right to buy their season tickets. Shockingly enough, the Broncos have managed to survive 66-years of season ticket sales without them, but now they're suddenly necessary? It's a cash-grab scam done by other teams to gouge their fans out of even more money; a scam that casually lives right next to $220 jerseys, $45 hats, and $19 beers.

#walton #personal

According to research from Fidelity, baby boomers have an average 401(k) balance of $260,300 and an average IRA balance of $286,700. Those averages aren't very high, but, of course, some people have much more invested than others.
So how much is enough? Say, for example, that you have $2 million saved. Can you enjoy a life of freedom and not worry about having to earn a paycheck to cover your bills? Let's take a look at what a retirement nest egg of $2 million can do for you.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
While $2 million may seem like a small fortune, especially for those with limited retirement savings, the reality is that this money can't just be spent. It has to last throughout retirement, and some of its value is likely to be eroded by inflation.
You want to leave enough in your account to ensure that some of your funds will be making money and earning returns. If you drop your account balance, your investments won't have as much opportunity to earn. This puts you at greater risk of running out of money.

#NVIDIA #balance #much #enough

Most people ***** ume that the world's most successful investors have some edge that regular people can't access. Better information. Smarter models. A network of insiders who call before the news breaks. Warren Buffett spent 60 years proving that ***** umption wrong, building one of the greatest fortunes in history through patience and simplicity rather than complexity.
And yet when people ask him what they should do with their money, his answer has been the same for decades. It's not a stock tip. It's not a sector call. It's an ETF that anyone can buy for three cents on every hundred dollars invested.
Buffett has made his position clear in shareholder letters, interviews, and annual meetings going back years. In his 2016 shareholder letter, he wrote: "My regular recommendation has been a low-cost S&P 500index fund." At Berkshire's 2021 annual meeting, he said: "In my view, for most people, I think that the best thing to do is buy an S&P 500 index fund."
The most direct version of the advice came in his 2013 letter to Berkshire Hathaway shareholders, where he described the instructions he had written into his will for the money he would leave to his wife: "My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors, whether pension funds, institutions or individuals, who employ high-fee managers," according to The Motley Fool.
More Warren Buffett:

#investors

With Penn State beginning training camp Wednesday, here are five storylines to follow leading up to the first game of the Matt Campbell era Sept. 5 against Marshall at Beaver Stadium:
1. How will all the jigsaw pieces fit on the field?
Campbell has been talking about the importance of team unity since his arrival. He has ******* embled a team with about 50 Penn State returners and 40 transfers from 18 schools, including 24 from Iowa State, Campbell's previous institution.
By all accounts, the players began meshing during winter workouts and continued to bond during spring practice and the summer. But because so many front-line players missed all or part of spring practice and because many of these guys have never played in games together, it's natural to wonder how all the pieces will fit once the games start.
"There's certainly some unknown," Campbell said at Big Ten Media Days in Chicago. "Probably a little bit of our good fortune is that we have such a good history with the (former Iowa State) players that missed a good portion of the spring. I think the Penn State (returning) players that missed a portion of the spring have earned videotape evidence of what they can do.

#good #iowa #pieces

Tottenham manager Roberto de Zerbi is unsure whether Richarlison will stay at the club, saying the Brazilian forward "sometimes" wants to leave.
The 29-year-old Richarlison reinforced his importance with a last-minute winner as 10-man Spurs beat Chelsea 2-1 on their pre-season tour in Sydney on Saturday.
He also scored in their 2-0 win over Auckland FC last weekend.
Richarlison's fate has come into focus after Tottenham's aggressive summer of spending to boost their fortunes after avoiding the drop by coming 17th in the Premier League last season.
Tottenham have yet to recruit a striker, but De Zerbi has made clear he is not finished in the transfer market yet with Manchester City forward Savinho among those reportedly in his sights.

#last #TOTTENHAM #forward #SPURS

It has been a trying 2026 LPGA campaign for 25-year old Yealimi Noh.
The six-year pro entered play this week at the AIG Women's Open in Lytham St. Annes, England, with three consecutive missed cuts, two of which were in major championships.
Noh's fortunes have changed with a 2-under-par 69 in the third round of the Women's Open to lead the final major of the year at 7-under 206 through three rounds at Royal Lytham & St Annes Golf Club.
Noh carded rounds of 67 and 70 to open the tournament to sit just two shots off the pace set by South Korea's Haeryn Ryu. Her status looked bleak Saturday after taking a bogey 6 on the par-5 seventh hole to fall six shots off the pace of the fast-starting Ryu.
However, Noh made an unlikely birdie at the par-3 ninth hole, which was the start of three consecutive birdies for the one-time LPGA Tour winner. The San Francisco-area native added a birdie at 16 while charging into the lead.

#open #lead #rounds

Arsenal have agreed an £80 million deal to sign Newcastle United midfielder Bruno Guimaraes, according to The Times. The Magpies star is a top target for Gunners manager Mikel Arteta and he is expected to have a medical on Monday at London Colney. The Brazilian has signed a five-year contract to join ***** nal, and the Emirates Stadium club could announce his arrival officially next week. Guimaraes is joining the Gunners for an initial £70m, while Newcastle are set to receive a further £10m in add-ons going forward.
His impending arrival will see Christian Norgaard depart after Everton agreed a deal in principle with ***** nal for the midfielder worth about £7m. The North London club were willing to pull all the stops to sign Guimaraes, and they have finally got their man from the look of things.
He will improve their fortunes on the pitch given his attacking prowess from the middle of the park.
The Gunners want to win back-to-back Premier League ***** les for the first time next term, and adding the Newcastle star to their ranks is a huge boost.

#arsenal #london #midfielder

Aleksandar Rakic and Marcin Tybura meet on the UFC Fight Night 283 main card Saturday at Belgrade Arena in Serbia. Check out this quick breakdown of the matchup from MMA Junkie ***** yst Dan Tom.
Last event's results: 4-1
UFC main cards, 2026: 79-42-1
Rakic (14-6 MMA, 6-5 UFC) aims to end the roughest stretch of his pro career, as he comes in on a four-fight skid. Three former champions have handed him losses on this unfortunate streak, including Jan Blachowicz, Jiri Prochazka, and Magomed Ankalaev. Rakic's last win was a unanimous decision over Thiago Santos at UFC 259 in March 2021.
Tybura (27-11 MMA, 14-10 UFC) is also in need of a win after dropping back-to-back fights against Ante Delija and Tyrell Fortune. His last win was a unanimous nod against Mick Parkin last March.

#last #tybura #march #unanimous