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emBer
2 hours ago
Arete Research, an independent research firm, has upgraded Texas Instruments Incorporated (NASDAQ:TXN) to Buy from Neutral and lifted its price target to $405 from $303. This 34% raise in the PT comes days after the company posted a strong quarter – a surprise from an ***** og cyclical sector. Texas Instruments' Q2 revenue reached $5.46 billion, up 23% year-over-year, beating the $5.24 billion consensus. The company's EPS rose 52% year-over-year, beating the $1.92 Street estimate with $2.14. The most crucial piece of information tucked away in the report is the twofold growth in data center income.
According to an Arete Research ***** yst, the surging AI demand is anticipated to cause three years of ***** og semiconductor shortages. The ***** yst believes that Texas Instruments is well-positioned with respect to capacity, which should yield significant market share gains during this cycle. Arete projects revenue of approximately $34 billion with earnings of $17 per share by fiscal 2028. These structural tailwinds, discussed by the ***** yst, align with the company's operational and financial performance. Let's break them down.
The AI buildout faces one severe bottleneck – power shortage. And power is exactly what Texas Instruments, nicknamed by the market as "boring ***** og," sells. Hyperscalers are shifting toward 800-volt DC architectures to support denser GPU clusters. As a result, the need for ***** og content per rack increases. Texas Instruments serves this critical conversion layer through high-voltage gallium-nitride (GaN) power devices, real-time motor control, and sensing technology. Additionally, the company's March collaboration with Nvidia on humanoid robotics expands this portfolio. These demands fuel the quarterly ***** og revenue, which rose 26% to $4.37 billion. Texas Instruments is not relying on an industrial market recovery but is working on strengthening its position as a significant supplier for technology's most capital-intensive infrastructure cycle.
A more durable driver stems from timing rather than the AI narrative. Texas Instruments is completing a six-year, roughly $24 billion fab expansion that constrained free cash flow. Spending is dropping significantly. The 2026 capex projected at $2 billion to $3 billion stands in contrast to the comparatively high $4.55 billion in 2025. The fabs are complete, and revenue is recovering now, allowing management to anticipate free cash flow per share exceeding $8 in 2026, compared to $3.23 in 2025. Cash generation is tripling alongside declining capital expenditure, altering the investment profile investors have avoided during the build.

#instruments #analog #Research #cash
cosmic_NRemi_5
3 hours ago
The proposed acquisition would provide processing capacity for multiple sand products as the company works toward launching commercial operations in Texas.
Black Dragon Resource Company (USOTC:BDGR) signed a letter of intent to acquire a sand processing plant in Texas.
The proposed plant has a processing capacity of 350 tonnes of sand per hour.
Management expects the acquisition would allow the plant to be relocated to the company's property and could support revenue generation within a few months if completed.
The facility is designed to process frac sand, commercial sand and silicon chip sand, according to the company.

#proposed
fliP
3 hours ago
Can the world's newest technology give a boost to one of transportation's oldest? A plan by leading Asia companies wants to find out.
Nvidia and Kawasaki Heavy Industries announced a joint effort to build a "next‑generation digital shipyard" at Kawasaki's Sakaide Works in ****** an.
The core of the deal is co‑development of AI‑powered robots for shipbuilding tasks such as welding, painting, inspection, and material handling.
Kawasaki (OTC: KWHIY) will contribute decades of shipbuilding data, production know‑how, and its own robotics capabilities. Nvidia (NASDAQ: NVDA) will contribute its AI and simulation stack, including products for applications in digital twins, robotics, vision/AI, and edge AI, which applies AI models and algorithms directly to devices such as sensors, cameras, robots, vehicles, or industrial controllers.
One report notes Nvidia making a $5 million investment connected to this 1990s‑era Kawasaki shipbuilding business as part of the arrangement, though the main value is technology integration rather than large equity stakes in shipyards.

#NVIDIA #shipbuilding #technology #heavy
ktHOVlh6nnMHf
3 hours ago
Rivian Automotive (RIVN) investors have July 30 circled on their calendars, when the electric vehicle (EV) maker is scheduled to report its second-quarter 2026 earnings after the market closes. The report arrives at a pivotal moment for the company, with optimism around its next-generation R2 platform growing, and production and delivery trends improving.
After raising its full-year delivery outlook earlier this month, Rivian now faces heightened expectations to prove that its operational momentum is translating into stronger financial performance. The upcoming results and, more importantly, management's outlook could determine whether Rivian has further room to run or whether investors should brace for renewed volatility.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Intel Stock Sinks 40%, But Most ******* ysts Still Aren't Bullish on INTC
Nebius Stock Gets Another Wall Street Upgrade. Here's Why Investors Are Paying Attention.

#Stock #whether #automotive
1368_6_76_tdrst
3 hours ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Vertiv Holdings Co (NYSE:VRT). Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On July 29, 2026, Vertiv Holdings Co (NYSE:VRT) closed at $223.04 per share. The one-month return of Vertiv Holdings Co (NYSE:VRT) was -25.78% and its shares gained 53.19% over the past 52 weeks. Vertiv Holdings Co (NYSE:VRT) has a market capitalization of $85.67 billion.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its Q2 2026 investor letter:
"Vertiv Holdings Co (NYSE:VRT), a global leader in critical infrastructure for data centers and communication networks, delivered another strong quarterly report. A highlight was management's commentary suggesting the company's commercial pipeline and visibility continue to point toward robust growth for the foreseeable future. The company remains well positioned to benefit from accelerating data center investment driven by rapid expansion in high-performance computing and artificial intelligence. Vertiv's leadership in power and thermal management, combined with strategic relationships across leading semiconductor manufacturers and hyperscale customers, reinforces its role as a key enabler of next-generation AI infrastructure."

#holdings #vertiv #carillon
ZA_9h8BT8
4 hours ago
Pfizer (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) offer unique divergent investment opportunities in the pharmaceutical industry. While one acts as a value and income play, the other stands out as a solid growth investment supported by rapid expansion in obesity and diabetes franchises.
Pfizer (NYSE:PFE) has seen its valuation drop significantly, to the extent of becoming a value investment play pursued by income-focused investors. The stock has been under pressure owing to waning COVID-19 product sales and issues compounded by potential loss of exclusivity on key drugs.
Nevertheless, a robust drug portfolio, substantial cash-generation potential and a high dividend yield continue to strengthen its sentiment. Its valuation is also significantly below that of many large pharmaceutical peers as the stock trades at about 8.7x trailing adjusted earnings and with a low sales multiple of 2.2x.
A solid dividend payout record is another important part of the investment thesis. The company currently pays $0.43 per share quarterly, equivalent to $1.72 annually, resulting in a dividend yield of around 7%.
The largest challenge is the continued normalization of Pfizer's COVID franchise. The company expects revenue from its COVID-19 products to decline by approximately $1.5 billion in 2026. It also expects approximately another $1.5 billion of negative revenue impact in 2026 from products facing generic or biosimilar competition following the loss of patent or regulatory exclusivity.

#covid #value #income
FDeagdDOCW
6 hours ago
On Friday, members of the Oregon women's basketball team filed a petition for union representation with the Oregon Employment Relations Board, marking the latest unionization effort in college sports—and the first based solely on public sector state labor laws.
The effort was led by the United College Athletes **** ociation, a 501(c)(5) labor union founded by former NCAA track athlete Andrew Cooper,which has been working to organize women's basketball specifically since 2024. While this is the first formal move toward unionization, the UCAA says it has more than 100 women's basketball players who have signed "unionization authorization cards."
The UCAA's advisory board includes current and former members of professional sports unions, including NWSLPA executive director Meghann Burke and WNBPA president Nneka Ogwumike, as well as former National Labor Relations Board executives.
"We deserve a seat at the table, meaningful protections, fair compensation, and a collective bargaining agreement that raises the standard for everyone," Maryland women's basketball player Oluchi Okananwa, the interim president of the UCAA, said in a statement. "This work is bigger than any one season or generation. We are building lasting power for the athletes competing today and those who will come after us."
The news comes just several days after a separate organization, the College Football Players **** ociation, launched an organizing effort among football players at Stanford. Unlike the UCAA's effort, however, Stanford football players aren't filing for formal union authorization just yet—they're waiting for a more favorable political climate.

#labor #former
flipo
7 hours ago
Nick DePaula: Nike on re-signing Wemby: "We are proud to continue supporting Victor Wembanyama's journey with Nike. As one of the most unique and influential athletes in the world, Victor is a generational talent who continues to inspire the games next generation. We are excited about all that we've built together and look forward to more wins ahead."
This article originally appeared on Hoops Hype: "We are proud to continue supporting Victor …

#nike #proud #continue #hype
sNaPch0nKY163
9 hours ago
The Tour de France Femmes begins in Lausanne, Switzerland on Saturday - but it's the race's first ascent of the iconic Mont Ventoux that is really exciting fans.
Riders will cover 1,175km across nine stages - the most since the event returned to the World Tour calendar as a stage race in 2022.
That includes the stage-seven slog up one of the most iconic climbs in the sport's history - to the telecommunications and meteorological tower on the top of Provence's Mont Ventoux.
Ventoux has been an iconic mountain stage for the men's Tour for generations, won by legendary figures such as Eddy Merckx, Marco Pantani and Chris Froome.
Alongside in-form rivals such as the Netherlands' Demi Vollering of FDJ-Suez United, last year's winner Pauline Ferrand-Prevot of Visma Lease a Bike will be hoping to steal a march.

#france #femmes #switzerland #saturday
b3ostmERge
14 hours ago
Online, Millennials are declaring open revolt against their aging Boomer parents. In actual households across America, they're already doing the caregiving anyway—unpaid, exhausted, and often broke.
A three-year-old Reddit thread from r/BoomersBeingFools went viral again this month, with millions relating to a poster who wrote: "Not an issue, we refuse to take care of you. Old folks home it will be." The post was originally written in response to a Vox article warning Millennials were unprepared for a coming elder-care crisis, and its resurgence this July coincided with the symbolic milestone of the first Boomers turning 80.
As the Wall Street Journal reported, citing demographer William Frey of the Brookings Institution, roughly 4 million Baby Boomers will hit that age this year, the first wave of a 76 million-strong generation. Commenters piled on with grievances about housing costs, student debt, and a dismantled social safety net, arguing their refusal to provide care is simply "a consequence" of decisions Boomers made.
It reads like generational war. But the data shows something quite different is actually happening in most American homes.
Far from opting out, Millennials are quietly becoming a caregiving generation almost by default. According to a Population Reference Bureau fact sheet, the number of family caregivers ****** isting older adults grew 32% between 2011 and 2022, rising from 18.2 million to 24.1 million, and adult children remain the single largest category of family caregiver in America, at 40.7%.

#boomers #million #America
zowotigexababaniki87
16 hours ago
Felicia, the flagship brand of Andriani Societa Benefit, announces a multi-year partnership with Juventus Football Club, becoming the Club's Official Healthy Food Partner. The agreement brings together two organisations that share values, including innovation, the pursuit of excellence and a strong focus on quality of life.
Felicia and Juventus aim to promote increasingly conscious consumption habits, highlighting the role of a balanced diet as an integral part of an active lifestyle.
Felicia will be present throughout the Juventus ecosystem through a structured program that includes brand visibility, digital content and dedicated experiences for supporters and the Bianconeri community. The agreement includes a presence at Allianz Stadium during Serie A and Italian Cup matches, activities at the Juventus Training Center and the production of exclusive content developed in collaboration with Juventus Creator Lab, providing direct access to Juventus' extensive global social media audience of more than 190 million followers.
The project will also directly involve the Club's sporting operations. Felicia products will become part of the Men's First Team's nutritional plan, confirming the shared focus on quality, innovation and wellbeing. The decision is consistent with the brand's commitment to promoting a healthy lifestyle inspired by the Mediterranean diet and biodiversity at the table, through products that are naturally gluten-free, rich in plant-based protein and whole grains and also suitable for athletes.
"This partnership marks an important milestone in Felicia's journey to strengthen its presence in the world of sport through the promotion of a positive and responsible approach to nutrition," said Marco Lentini, Marketing Director of Andriani Societa Benefit. "Working with an organisation such as Juventus means helping to raise awareness of issues related to wellbeing, taste, and the value of food biodiversity. It is the meeting of shared values and a common ability to create authentic connections between people, generations and communities.

#societa
HaVeNFlY55
23 hours ago
Jul. 30—Three Hall of Fame inductions in the span of a month would be an extraordinary accomplishment for most athletic departments.
At Colfax High School, it almost felt inevitable.
During an 11-day span in May, football coach Mike Morgan and girls basketball coach Corey Baerlocher entered their state coaches **** ociation Halls of Fame, while volleyball coach Sue Doering was inducted into the WIAA Hall of Fame.
Each built one of the state's premier programs in their respective sports. Together, they coached 23 state championship teams, hundreds of victories and generations of student-athletes.
Their names now sit alongside another pair of Colfax coaching legends who helped shape the school's athletic identity: longtime boys basketball coach Bob Bafus and former baseball coach Mike Parrish.

#span
simply_bolt
23 hours ago
NBC Sports Philadelphia is budgeting to add a courtside voice to its Sixers broadcasts ahead of LeBron James's arrival this season, network vice president of content Alexandra Matcham told the Philadelphia Inquirer.
"I think you need a voice on the court where Alaa [Abdelnaby] and Kate [Scott] can't be to give us insight, do pre- and postgame interviews, **** ysis, all of that," Matcham said. "It's a very hard job to do."
For years, NBC Sports Philadelphia and its predecessor, Comcast SportsNet, used reporters like Serena Winters and Taryn Hatcher to fill that kind of role for the Sixers. That stopped in 2020, when the network began eliminating in-arena and in-game reporting jobs across its properties as basketball and hockey seasons wrapped that year, according to Crossing Broad's Kevin Kinkead. Hatcher stayed on covering the Phillies for five more seasons after that before her contract lapsed at the end of 2025 and NBC Sports Philadelphia cut the position rather than renew it. Kinkead later reported that the network and Hatcher had discussed a freelance arrangement that would have let her take on other work at the same time, but the talks ended without an agreement over what Kinkead's sources described as a standard contract disagreement, not any real conflict between the two sides.
That left NBC Sports Philadelphia without anyone in that role for the entirety of the Sixers' 2025-26 season, and the roster now taking shape gives the network far less room to go another year without one.
"If you get a generational talent on your team, it could easily become a situation where the people that work for us are burnt out by December, and you don't want that," Matcham said. "You need extra help."

#sports #sixers #hatcher
yivulumovnu2624
24 hours ago
With a market cap of $294.6 billion, RTX Corporation (RTX) is a global technology and aerospace leader with more than 180,000 employees, dedicated to advancing innovation in aviation, defense, and next-generation technologies. The company develops cutting-edge solutions that enhance global connectivity, strengthen security, and help customers address their most critical challenges.
Shares of the Arlington, Virginia-based company have significantly outperformed the broader market over the past 52 weeks. RTX stock has jumped 40.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.3%. Moreover, shares of the company are up 19.2% on a YTD basis, compared to SPX's 8.5% rise.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock

#company #next
fetchpv
1 day ago
Ace River Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Ace River Capital Partners reported a +6.25% return in the first half of 2026, trailing the S&P 500's +9.55% and Russell 2000's +22.57% returns. Despite short‑term underperformance, the fund emphasizes long‑term compounding through concentrated investments in undervalued businesses with durable economics. The strategy remains patient and disciplined, avoiding software, finance, and insurance businesses in favor of ****** et-backed businesses with scarcity value. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Ace River Capital highlighted RCI Hospitality Holdings, Inc. (NASDAQ:RICK). Headquartered in Houston, Texas, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) is a hospitality company that owns and operates clubs and restaurants. On July 28, 2026, RCI Hospitality Holdings, Inc. (NASDAQ:RICK) stock closed at $26.53 per share. One-month return of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) was -4.36%, and its shares are down 27.14% over the past twelve months. RCI Hospitality Holdings, Inc. (NASDAQ:RICK) has a market capitalization of $202.81 million.
Ace River Capital stated the following regarding RCI Hospitality Holdings, Inc. (NASDAQ:RICK) in its Q2 2026 investor update:
"The investment thesis for RCI Hospitality Holdings, Inc. (NASDAQ:RICK) has strengthened. The market remains focused on the New York litigation overhang while overlooking the company's normalized free cash flow generation, valuable owned real estate, and long record of disciplined capital allocation. I believe the current valuation materially understates intrinsic value even under conservative ****** umptions. Continued share repurchases and intelligent capital allocation should enhance long term per-share value, while eventual resolution of the New York matter has the potential to remove a meaningful overhang. My conviction has increased during the period, and RCI remains one of the Fund's largest investments."
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 13 hedge fund portfolios held RCI Hospitality Holdings, Inc. (NASDAQ:RICK) at the end of the first quarter, compared to 18 in the previous quarter. While we acknowledge the potential of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#Hospitality #river
finchhp
1 day ago
Most Valuable Promotions and Professional Fighters League on Thursday announced a merger "bringing together world-class boxing, MMA, live events, athlete development, and worldwide content distribution under one fighter-first organization, creating a combat sports company for the new era."
The combined company will operate under the MVP banner. It will be led by Co-Founders and Board Members Jake Paul and Nakisa Bidarian, with John Martin serving as CEO and Board Member.
""Since launching MVP, our goal has always been bigger than just building a boxing promotion. It has been to build the future of combat sports. In less than five years, MVP has become one of the most influential and culturally relevant brands in the industry, producing some of the biggest events in combat sports history, elevating women's boxing to unprecedented heights, and bringing millions of new fans into the fight game. The success of MVP MMA's first event confirmed our belief that there is enormous demand for a modern, fighter-first approach to MMA. This merger accelerates our MMA ambitions while strengthening our ability to continue investing in boxing and MVPW. By combining MVP's audience-building engine, storytelling capabilities, and brand with PFL's roster, infrastructure, and international footprint, we are creating a new global home for combat sports. Under the leadership of John Martin, a world-class media executive with deep MMA knowledge, and investment from leading financiers 885 Capital and Knighthead Capital, MVP is going to achieve great things for fighters, fans, and partners," said Nakisa Bidarian, Co-founder and Board Member of Most Valuable Promotions.
"Over the past seven years, PFL has built the world's No. 2 global MMA company, **** embling one of the sport's most elite fighter rosters while creating a world-class global business with premier media distribution across 34 broadcast and streaming partners, reaching fans in more than 170 countries. At the same time, MVP has redefined how combat sports connects with a new generation of fans, creating events that become cultural moments and proving that athletes, sports, entertainment and creators can all thrive together. This merger brings scale - in operations, in distribution and media rights, in sponsorship, in fighter development and in fan engagement. We're not just combining companies, we're bringing an entire combat sports community together and creating a more powerful platform to accelerate growth. One company, one global stage, millions of fans and we're only just getting started. I'm excited to work with Jake and Nakisa as we build the future of combat sports together, and I'm deeply grateful for the continued confidence and support of our lead investors, 885 Capital and Knighthead Capital Management," John Martin, Chief Executive Officer and Board Member of the new company, said.
"We started MVP to disrupt a broken model. We wanted to give fighters fair pay and a bigger, modernized stage to
fliP
1 day ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes solid performance to a fundamental shift in operational discipline and financial execution, moving closer to customers and communities to drive reliability.
Total forecasted data center demand surged 30% since Q1 to approximately 25 gigawatts, representing roughly 70% of the company's July system peak load.
The company is positioning West Virginia as a key growth engine, utilizing its status as a vertically integrated utility to offer 'one-stop shop' generation and transmission solutions.
Operational improvements in New Jersey have resulted in a 38% year-over-year increase in reliability, which management believes provides a constructive foundation for upcoming rate filings.

#management #operational #NVIDIA #total
mucowe_du_h
1 day ago
The US Army is deciding what worked and what failed in a major test of its new command system.
The parts that worked will now be rolled out to more units for further testing and training.
Some systems did not hold up in the desert heat, with parts overheating during recent testing.
The US Army put its prototype command-and-control system to the test in the desert. Now, it's sorting out what performed well enough to be scaled across the service — and what should be cut.
The Army has been developing Next Generation Command and Control, or NGC2, alongside industry partners like Anduril and Palantir, and at a recent exercise at Fort Irwin, California, the service put it to work in a large-scale desert combat scenario.

#desert #control #testing #recent
qwwfsjnqudijywkq
1 day ago
Grayscale Research says Hyperliquid's HYPE (CRYPTO: $HYPE) token remains inexpensive beside fintech and crypto stocks, even as shares of its largest public-market treasury vehicle trade lower.
The ****** et manager valued Hyperliquid using "earnings per token," applying an equity-style framework to the protocol's fee generation and token supply. Grayscale expects Hyperliquid to produce roughly $1 billion in earnings in 2027, about 20% above 2025 levels, supported by recovering crypto trading volumes and a new stablecoin revenue stream.
With approximately 270 million HYPE circulating, Grayscale expects supply to reach between 270 million and 310 million tokens by the end of 2027. That would place projected earnings per token between $3.25 and $3.75.
More From Cryptoprowl:
TokenInsight Q2 2026 Report: TradFi Momentum Lifts MEXC to No. 2 in Commodity Perpetuals

#hype #Crypto #supply
lkza7sGi
1 day ago
The International Cricket Council (ICC) on Thursday officially unveiled the 12 host venues for the ICC Men's Cricket World Cup 2027, confirming the cities across South Africa, Zimbabwe and Namibia that will stage the 50-over showpiece when it returns to Africa for the first time in 24 years.

The announcement was made during a grand ceremony in Johannesburg, where the ICC also revealed the tournament's official brand identity, 'Three Nations, One Heartbeat', symbolising the shared spirit of optimism, diversity and unity among the three co-hosts.

The 14th edition of the World Cup will feature 57 matches and 14 teams, with eight cities in South Africa, three in Zimbabwe, and Namibia's capital Windhoek selected as host venues.

The tournament marks Africa's first Men's ODI World Cup since the 2003 edition, which was jointly hosted by South Africa, Zimbabwe and Kenya.
ICC chairman Jay Shah described the venue announcement as a major milestone on the road to the global tournament.

"This marks an exciting milestone on the road to the ICC Men's Cricket World Cup 2027. The unveiling of the host cities and the tournament brand signals the start of a journey that will unite fans around the world and build anticipation for one of our sport's biggest global events," he said.

Shah also highlighted the significance of bringing cricket's flagship ODI tournament back to Africa.

"The return of this prestigious tournament to Africa after 24 years is a landmark moment for cricket. We are confident that South Africa, Zimbabwe and Namibia will deliver an unforgettable event, showcasing the warmth, passion and rich diversity that make this region truly unique," he added.

ICC chief executive Sanjog Gupta said the event would celebrate both cricket and the continent's unique identity.

"The ICC Men's Cricket World Cup represents the legacy and spectacle of Limited Overs Cricket," he said. "It also marks the return of the pinnacle event to Africa after more than two decades and will celebrate a continent defined by extraordinary people, vibrant cultures, breathtaking experiences and deep love for Sport."

Gupta added that the tournament's vibrant branding reflects the energy of the host nations while inspiring future generations of fans.
The 2027 edition will be built around the African philosophy of 'Ubuntu' — "I am, because we are" — and the campaign theme 'Make the Circle Bigger', celebrating compassion, togetherness and cultural diversity across the region's 29 officially recognised languages.

The tournament logo draws inspiration from the traditional African wire bowl, while its colour palette includes shades such as Zimbabwe Chilli, African Root, Fynbos Pop, Namib Dune, Harare Dawn and Two Oceans.

The 2027 edition will feature a three-stage competition format.

It will feature 57 matches and a three-stage format designed to increase competitiveness. Teams ranked 12th to 14th will first compete in a Super Series, with the winner
5b7nnw9c13w
1 day ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Most headlines in recent years tend to paint the same picture: Baby Boomers are fabulously wealthy.
The Washington Post (1) called this cohort "the wealthiest generation" in history, with aggregate ***** ets worth $85 trillion.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold

#wealth #post
goJiBQdig
1 day ago
July 22 and 23 proved to be one of the most significant 48-hour periods of 2026's artificial intelligence trade, showing a clear flaw in how public equity markets reward massive capital spending. Both Tesla, Inc. (NASDAQ:TSLA) and Alphabet published second-quarter financial results after the market closed on July 22, with both reporting negative quarterly free cash flow due to significant AI infrastructure investments. However, the market distinguished between spending connected to visible near-term margin conversion and spending ***** ociated with core margin compression and an indefinite payout period. While Alphabet had a modest reversal, Tesla, Inc. (NASDAQ:TSLA) fell as much as 15% intraday, marking one of the company's worst single-day falls in history.
On the surface, Tesla's top-line headline numbers were strong, with second-quarter revenue reaching a record $28.24 billion, a 26% year-over-year increase that comfortably exceeded Wall Street consensus projections of $25.55 billion to $25.71 billion. Vehicle deliveries set a quarterly high of 480,126 units, while automotive revenue increased 23% to $20.52 billion. Auxiliary areas grew even faster, with Energy Generation and Storage up 13% to $3.14 billion and Services up 50% to a record $4.58 billion.
However, underneath these top-line gains lies considerable margin deterioration. Non-GAAP adjusted earnings per share came in at $0.33, roughly a third lower than the consensus forecast of $0.51 to $0.53, while GAAP operating income fell 57% year-over-year to $398 million, implying an operating margin of 1.4% versus slightly over 4% posted both in last quarter and the same quarter last year.
This profitability compression was directly related to Tesla's core vehicle price strategy. Total gross margin fell to 16.8%, down from 17.2% a year ago and well below ***** ysts' expectations of 19.4%. Tesla's decision to introduce lower-cost variants of the Model 3 and Model Y while discontinuing its higher-margin Model S and Model X flagship vehicles reduced average selling prices throughout the fleet. This structural decline in average selling price, combined with a rapid contraction in high-margin regulatory credit revenue, severely harmed profitability while fixed overhead increased.
An enormous spike in spending added to the core vehicle pricing pressures. Operating expenses increased by 47% year-over-year to $4.35 billion, while capital expenditures nearly doubled to $5.80 billion, resulting in a $1.10 billion negative free cash flow balance. This substantial cash burn represents significant expenditures in AI compute infrastructure, custom semiconductor development, battery material manufacture, and production capacity for the Cybercab and Optimus humanoid robots.

#vehicle #operating
mOodYC0de_4
1 day ago
Conservationists defending a historic tree standing in the way of President Donald Trump's border wall in Arizona began staging a "tree sit" on July 29 to keep contractors from tearing down the towering cottonwood.
The cottonwood is the last of four hardwood trees from a species that's believed to have stood alongside the U.S.-Mexico border in Lochiel, Arizona, for between 100 and 200 years. Department of Homeland Security contractors tore down the first of the three trees on July 27.
Conservationists in the area have rallied around the remaining tree, slamming Homeland Security for not picking an alternative route that does not involve cutting down the trees.
The cottonwoods have provided people a shady gathering place for generations, conservationists say. And for local wildlife, the trees are essential for the area's diverse and rare species, including potentially the few jaguars that range into the United States.
"Destroying these ancient cottonwoods is a death sentence for an entire ecosystem," said Russ McSpadden, a conservation advocate at the Center for Biological Diversity, a nonprofit founded in 1989 focused on protecting endangered species. "These magnificent cottonwoods survived centuries, nourishing wildlife through floods and drought, only to be bulldozed for the Trump administration's disastrous border wall."

#down
mucowe_du_h
1 day ago
New York City's pied-à-terre tax was designed to extract money from second-home owners wealthy enough not to live in the city full-time. A side effect no one planned for: it's pushing middle-class and working homeowners, people who already live in their houses, into estate-planning conversations they've never had before, at hourly rates they've never had to pay, for advice the wealthy have had access to for generations.
The rush of publicity accompanying the mayor's office highlighting a list of over 680,000 New York properties that could theoretically be subject to a new tax has inadvertently advertised how public most property data is. And it's advertised the benefits of seeking some totally legal privacy, or risk inadvertent doxxing, courtesy of Gracie Mansion.
"The wealthy and the ultra-high-net-worth have been in this game for a long time," said Myles Fischer, a partner who co-leads the Trusts and Estates practice group at Harris Beach Murtha. "The rest are sort of catching up." And that isn't cheap. Many middle-class and blue-collar homeowners are "being forced into a situation where they have to sit down with lawyers" to get planning advice that families with means secured years ago. After all, he added, "it's not that you have to be a rich person to have something worth protecting. We see it from across the board."
The trigger, in this case, was a public records disclosure. When the DOF released its supplemental pied-à-terre ****** sment file, the coverage focused on the penthouses and the LLCs holding them. But the unfiltered file swept in far more than luxury properties—it included modest homes in Bayside, single-family houses in Staten Island, properties whose owners may have had no idea their name, address, and ****** sed value were sitting in a publicly searchable dataset. Many still don't.
Fischer wasn't surprised by the reaction. "Anonymity is desirable when it can be achieved," he said, "but anonymity is also typically only one piece of the pie, so to speak. It's part of the tax plan, part of the estate plan, part of the ****** et protection, limitation-on-liability sort of pie." Privacy, in other words, is the door. The estate planning is what's behind it.

#wealthy #york
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2 days ago
NEW DELHI: Ajinkya Rahane on Thursday announced his retirement from international cricket, bringing the curtain down on a career that spanned more than a decade. The veteran batter took to Instagram to share the news through an emotional video message. Rahane struggled to hold back his tears as he bid farewell to international cricket, thanking fans for their constant support throughout his journey.

The right-handed batter made his India debut against England in 2011 and went on to play 85 Tests, 90 ODIs and 20 T20Is. His last appearance for India came during the 2023 Test series against the West Indies.

Rahane signed off his Test career with 5,077 runs at an average of 38.46, including 12 centuries and 26 half-centuries. In 90 ODIs, he scored 2,962 runs at 35.26, with three centuries and 24 fifties, while he made 375 runs in 20 T20Is.

"The reality of life is that everything has a beginning, and everything has an end. When that time comes, you simply have to respect it and move forward. I always relied on timing in my batting, and I've always understood its important," Rahane said in a video message on his Instagram account.
"Today, I feel the timing is right for me to move on and announce my requirement from international cricket, and all formats," he added in the clip that was captioned "Cap number 278, signing off".

One of the defining moments of Rahane's career came during India's historic 2020-21 Test series win in Australia. Standing in as captain for Virat Kohli, he led an injury-hit Indian side to a memorable 2-1 series victory.

"From those early days, travelling from Dombivali as a young boy, just to practice, I gave this game everything I had. Every single day, every innings, every opportunity I got to bat, the dream was always to wear the India cap," he said in his farewell message.

Rahane also said that although his international career has ended, he will continue to remain involved with the game.

"I lived by one single rule, only support my country and my team ahead of myself. I played this game with complete honesty, and I always believe that if your intent is right, the game will always take care of you," Rahane said.

"Since the time I made my debut as a First-Class cricketer, Indian cricket has grown tremendously and I feel so proud to have been a part of over the last 20 years.

"While my chapter, as an Indian cricketer, comes to an end, my journey with the game doesn't. I look forward to helping the next generation, sharing the values, the sport has taught me, and giving back to the game that has given me everything," he said.

Ending on an emotional note, Rahane reflected on the lessons cricket had taught him, saying that while his name means "unbeatable", the sport has shown him the value of accepting defeat.

"There have been many wins and losses along the way, but the sheer joy of playing cricket, being part of different teams, and creating lifelong memories, that has been the greatest sati
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2 days ago
NEW DELHI: Former India captain Ajinkya Rahane has announced his retirement from international cricket.

Rahane shared the news through a post on Instagram, where he uploaded a video message with the caption: "Cap 278 signing off".

"Thank you for all the love and support over the years. Forever grateful," Rahane wrote in his post.

"The reality of life is that everything has a beginning and everything has an end. When the time comes, you simply have to respect it and move forward. I have always relied on timing in my batting and have always understood its importance," Rahane said.

"Today, I feel the timing is right for me to move on and announce my retirement from international cricket and all formats. From those early days, travelling as a young boy just to practice, I gave this game everything I had. Every single day, every innings, every opportunity I got to bat, the dream was always to wear the India cap," he added.

"I lived by one simple rule. Always put my country and my team ahead of myself. I played this game with complete honesty and I have always believed that if your intent is right, the game will always take care of you," the veteran cricketer said.

"Since the time I made my debut as a first-class cricketer, Indian cricket has grown tremendously and I feel so proud to have been a part of it over the last 20 years. While my chapter as an Indian cricketer comes to an end, my journey with the game doesn't. I look forward to helping the next generation, sharing the values this sport has taught me and giving back to the game that has given me everything," he said.

Rahane also thanked the BCCI, Mumbai Cricket ***** ociation (MCA), his teammates, coaches, IPL franchises, family, friends and fans for their support throughout his career.
"And a very special thank you to all the cricket fans who supported me through every high and low. Ajinkya means unbeatable, but cricket has shown me defeat many times. As cricketers, we fail more often than we succeed. My team has lost matches. I have made mistakes, but there is one place where I was never defeated. And that was in your hearts. Thank you for your love, your faith and your support. Cap number 278, signing off," Rahane concluded

The 36-year-old represented India in all three formats during his international career. He played 85 Test matches, 90 ODIs and 20 T20Is.

The right-handed batter scored 5,077 runs in Tests at 38.46 with 12 centuries and 26 fifties, while in 90 ODIs, he made 2,962 runs at 35.26 including three tons and 24 fifties. In 20 T20Is, Rahane made 375 runs.
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Rahane's biggest moment came in 2021 when he famously stood in for regular skipper Virat Kohli as a heavily depleted India defeated Australia in their own backyard 2-1.

#always #game #made #international
Cool
2 days ago
SpaceX (SPCX) stock recovered after hitting an all-time low on Monday, days after a successful test of its Starship rocket. The surprising drop indicates persistent investor caution toward the newly public company, despite it hitting an important launch milestone.
SpaceX stock was down 4% in early trade but recovered by midday, closing up 2.6%. The stock hit an all-time low of $109.53 on Monday, before closing down 1.4% at $113.50. Shares have shed nearly 30% from the $150 market debut last month and are down an astounding 50% from their all-time high of $225.64.
Concern seems to be growing ahead of ***** eX's big second quarter earnings report, set for Aug. 4, with a big share unlock happening on Aug. 6. Per ***** eX's lockup period plan, as many as 20% of shares are eligible to be sold.
Read more: ***** eX stock is falling. What investors should do next.
The rising angst among ***** eX investors comes after Starship launched Friday evening from Starbase, Texas, on its 13th test flight, the first since ***** eX's June IPO. Starship deployed all 20 of its next-generation Starlink V3 satellites, relit an engine in ***** e, and made what ***** eX called its softest ocean splashdown yet.

#recovered
ksqyjuengzlva
2 days ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance outperformance was driven by a significant acceleration in acquisition volume, totaling $374 million in Q2 alone, supported by a fragmented market and a first-mover advantage.
Management attributes the increased deal flow to a generational transfer of wealth, where private owners are seeking liquidity for estate planning purposes.
Operational strength is underpinned by a highly diversified tenant base where only one tenant contributes more than 2% of base rent, mitigating individual tenant risk.
The portfolio's focus on 'vehicular corridors' and 'errand-based' shopping drives high demand from national tenants who can generate higher 4-wall EBITDA than local operators.

#base #management
bIBztlzbDYeZ
2 days ago
Columbia Threadneedle Investments, an investment management company, released its "Columbia Seligman Global Technology Fund" second quarter 2026 investor letter. A copy of the letter can be downloaded here. During the quarter, the Fund's Institutional Class shares returned 50.34%, outperforming the MSCI World Information Technology Index's 33.65% gain. Stock selection in semiconductors, technology hardware and software, together with an off-benchmark electrical equipment allocation, supported relative performance, while exposure to financials, consumer discretionary and healthcare detracted. Technology stocks rallied as concerns over the Iran conflict eased and AI infrastructure spending boosted demand for semiconductors, memory, networking, servers and power solutions. The Fund expects AI and data-centre investment to remain strong, supported by broadening earnings growth and improving software bookings, cloud consumption and customer spending. However, geopolitical uncertainty, higher interest rates and heavy AI investment could pressure valuations and free cash flow. The strategy holds 50–75 technology companies across market capitalisations and uses bottom-up GARP research to identify misunderstood and undervalued businesses in the technology industry. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Columbia Seligman Global Technology Fund highlighted Bloom Energy Corporation (NYSE:BE) as a leading contributor. Bloom Energy Corporation (NYSE:BE) is an energy company that designs and manufactures solid-oxide fuel cell systems for clean, reliable, on-site power generation. On July 27, 2026, Bloom Energy Corporation (NYSE:BE) closed at $188.18 per share. One-month return of Bloom Energy Corporation (NYSE:BE) was -37.83% and its shares gained 441.53% over the past 52 weeks. Bloom Energy Corporation (NYSE:BE) has a market capitalization of $53.53 billion.
Columbia Seligman Global Technology Fund stated the following regarding Bloom Energy Corporation (NYSE:BE) in its Q2 2026 investor letter:
"The fund continued to hold an off-benchmark position in Bloom Energy Corporation (NYSE:BE). The company manufactures and markets solid-oxide fuel cells that produce electricity and can provide an alternative source of energy compared to traditional supply. Data-center operators have increasingly turned to Bloom's solid-oxide fuel cells to bypass grid constraints and power energy-intensive AI workloads. The optimism around Bloom continued during the quarter, with expectations that accelerating AI data-center construction would drive demand for reliable, onsite power-generation solutions, particularly as utilities struggled to provide sufficient grid capacity in many regions. The stock also benefited from growing recognition of Bloom's fuel-cell technology as a potential bridge solution for powering AI infrastructure, supporting expectations for stronger bookings and long-term
kmzwolm_xavyuzu
2 days ago
Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Chevron Corporation (NYSE:CVX). Chevron Corporation (NYSE:CVX) engages in the integrated energy and chemicals operations. On July 27, 2026, Chevron Corporation (NYSE:CVX) closed at $190.00 per share. One-month return of Chevron Corporation (NYSE:CVX) was 14.62% and its shares gained 21.00% over the past 52 weeks. Chevron Corporation (NYSE:CVX) has a market capitalization of $378.4 billion with a 52-week range between $146.49 - $214.71.
Carillon Eagle Growth & Income Fund stated the following regarding Chevron Corporation (NYSE:CVX) in its Q2 2026 investor letter:
"Chevron Corporation's (NYSE:CVX) weak share price performance in the second quarter, following very strong performance in the first quarter, closely aligns with crude oil prices throughout 2026. Crude prices mirror news flows out of the Middle East with particular attention to transit levels through the Strait of Hormuz. This will continue for the duration of the conflict. However, Chevron is well placed to benefit from generally high commodity price levels, a high-quality ***** et base, and continued discipline around cash flow generation and capital deployment."
Chevron Corporation (NYSE:CVX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 103 hedge fund portfolios held Chevron Corporation (NYSE:CVX) at the end of the first quarter which was 86 in the previous quarter. While we acknowledge the potential of Chevron Corporation (NYSE:CVX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantl

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