1 month ago
Aubrey O'Day doubts that being in prison will be effective for her former label head, Diddy.
With reports surfacing that the Bad Boy Records founder, real name Sean Combs, will once again have his prison release pushed up, this time to January 2028, O'Day also reacted to allegations that he's living a pampered life behind bars. According to what several former Fort Dix inmates told NBC News, the 56-year-old has paid to be cleaned and cooked for, along with getting massages.
"Thank you, Chloe [Melas] for doing this investigation," the vocalist posted on X in response to the story. "People should understand the difference between rehabilitation and a ****** vacation. The system is broken- this man will come back a worse criminal."
AubreyODay/X
The report spoke to four men from Diddy's unit. It alleges that the mogul had access to cellphones, antidepressants, and Hennessy.
#diddy #sean #january
With reports surfacing that the Bad Boy Records founder, real name Sean Combs, will once again have his prison release pushed up, this time to January 2028, O'Day also reacted to allegations that he's living a pampered life behind bars. According to what several former Fort Dix inmates told NBC News, the 56-year-old has paid to be cleaned and cooked for, along with getting massages.
"Thank you, Chloe [Melas] for doing this investigation," the vocalist posted on X in response to the story. "People should understand the difference between rehabilitation and a ****** vacation. The system is broken- this man will come back a worse criminal."
AubreyODay/X
The report spoke to four men from Diddy's unit. It alleges that the mogul had access to cellphones, antidepressants, and Hennessy.
#diddy #sean #january
2 months ago
Marc Jacobs has landed.
LVMH Moët Hennessy Louis Vuitton completed its roughly $925 million sale of Marc Jacobs to WHP Global and G-III Apparel Group on Tuesday.
More from WWD
Dr. Martens Beefs Up Global Product Team, Hiring Talent From Marc Jacobs, Adidas
EBay to Unveil Endless Runway: The Archive, a Retrospective and Auction
#hennessy #louis #apparel #group
LVMH Moët Hennessy Louis Vuitton completed its roughly $925 million sale of Marc Jacobs to WHP Global and G-III Apparel Group on Tuesday.
More from WWD
Dr. Martens Beefs Up Global Product Team, Hiring Talent From Marc Jacobs, Adidas
EBay to Unveil Endless Runway: The Archive, a Retrospective and Auction
#hennessy #louis #apparel #group
2 months ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) 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
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) 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
2 months ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Martin Marietta Materials, Inc. (NYSE:MLM). Martin Marietta Materials, Inc. (NYSE:MLM) is a building materials company that supplies aggregates and heavy-side building materials to the construction industry. On August 28, 2026, Martin Marietta Materials, Inc. (NYSE:MLM) closed at $531.05 per share, reflecting a market capitalization of $37.72 billion. Martin Marietta Materials, Inc. (NYSE:MLM) posted a one‑month return of ‑2.07%, while its shares lost 13.85% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q2 2026 investor letter:
"The largest detractor year-to-date based on relative performance vs. the benchmark was Martin Marietta Materials, Inc. (NYSE:MLM). Shares were pressured by elevated expectations rather than any meaningful deterioration in fundamentals. Infrastructure and nonresidential demand remain supported by Infrastructure Investment and Jobs Act (IIJA) funding and data center construction, while recent acquisitions should enhance pricing, margins, and cash flow. We remain confident in Martin Marietta's ability to compound earnings over the long term."
Martin Marietta Materials, Inc. (NYSE:MLM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Martin Marietta Materials, Inc. (NYSE:MLM) at the end of the second quarter, which was 65 in the previous quarter. While we acknowledge the potential of Martin Marietta Materials, Inc. (NYSE:MLM) 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.
#hennessy #Equity
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Martin Marietta Materials, Inc. (NYSE:MLM). Martin Marietta Materials, Inc. (NYSE:MLM) is a building materials company that supplies aggregates and heavy-side building materials to the construction industry. On August 28, 2026, Martin Marietta Materials, Inc. (NYSE:MLM) closed at $531.05 per share, reflecting a market capitalization of $37.72 billion. Martin Marietta Materials, Inc. (NYSE:MLM) posted a one‑month return of ‑2.07%, while its shares lost 13.85% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q2 2026 investor letter:
"The largest detractor year-to-date based on relative performance vs. the benchmark was Martin Marietta Materials, Inc. (NYSE:MLM). Shares were pressured by elevated expectations rather than any meaningful deterioration in fundamentals. Infrastructure and nonresidential demand remain supported by Infrastructure Investment and Jobs Act (IIJA) funding and data center construction, while recent acquisitions should enhance pricing, margins, and cash flow. We remain confident in Martin Marietta's ability to compound earnings over the long term."
Martin Marietta Materials, Inc. (NYSE:MLM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Martin Marietta Materials, Inc. (NYSE:MLM) at the end of the second quarter, which was 65 in the previous quarter. While we acknowledge the potential of Martin Marietta Materials, Inc. (NYSE:MLM) 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.
#hennessy #Equity
2 months ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Dominion Energy, Inc. (NYSE:D). Dominion Energy, Inc. (NYSE:D) is a leading utility company that provides regulated electricity and natural gas services in the United States. On August 28, 2026, Dominion Energy, Inc. (NYSE:D) closed at $65.55 per share. Over the past month, Dominion Energy, Inc. (NYSE:D) returned -4.65%, while its shares have gained 9.43% in the last 52 weeks. Dominion Energy, Inc. (NYSE:D) has a market capitalization of $57.65 billion, and its stock has traded within a 52-week range of $55.85 to $72.99.
Hennessy Equity and Income Fund stated the following regarding Dominion Energy, Inc. (NYSE:D) in its Q2 2026 investor letter:
"Our process remains bottom-up, and recent volatility has mainly given us opportunities to add, what we believe, are high-quality businesses at attractive valuations, funded by trimming positions that had appreciated or where our conviction had lowered.
In January, we initiated a position in Dominion Energy, Inc. (NYSE:D), which operates as a predominantly regulated utility with stable earnings, improving financial flexibility, and attractive long-term growth drivers. More than 90% of earnings are generated from regulated electric and gas utilities in Virginia, North Carolina, and South Carolina, providing predictable cash flows and low revenue cyclicality.
#letter #Equity
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Dominion Energy, Inc. (NYSE:D). Dominion Energy, Inc. (NYSE:D) is a leading utility company that provides regulated electricity and natural gas services in the United States. On August 28, 2026, Dominion Energy, Inc. (NYSE:D) closed at $65.55 per share. Over the past month, Dominion Energy, Inc. (NYSE:D) returned -4.65%, while its shares have gained 9.43% in the last 52 weeks. Dominion Energy, Inc. (NYSE:D) has a market capitalization of $57.65 billion, and its stock has traded within a 52-week range of $55.85 to $72.99.
Hennessy Equity and Income Fund stated the following regarding Dominion Energy, Inc. (NYSE:D) in its Q2 2026 investor letter:
"Our process remains bottom-up, and recent volatility has mainly given us opportunities to add, what we believe, are high-quality businesses at attractive valuations, funded by trimming positions that had appreciated or where our conviction had lowered.
In January, we initiated a position in Dominion Energy, Inc. (NYSE:D), which operates as a predominantly regulated utility with stable earnings, improving financial flexibility, and attractive long-term growth drivers. More than 90% of earnings are generated from regulated electric and gas utilities in Virginia, North Carolina, and South Carolina, providing predictable cash flows and low revenue cyclicality.
#letter #Equity
2 months ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Entegris, Inc. (NASDAQ:ENTG) as a leading contributor. Headquartered in Billerica, Massachusetts, Entegris, Inc. (NASDAQ:ENTG) provides materials and process solutions for the semiconductor and other high-technology industries. On August 28, 2026, Entegris, Inc. (NASDAQ:ENTG) closed at $134.92 per share, reflecting a market capitalization of $20.62 billion. Entegris, Inc. (NASDAQ:ENTG) posted a one‑month return of 7.76%, while its shares gained 61.12% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Entegris, Inc. (NASDAQ:ENTG) in its Q2 2026 investor letter:
"The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, Inc. (NASDAQ:ENTG), as it benefited from improving fab utilization and accelerating AI-driven semiconductor demand. The company continues to gain share as advanced node transitions increase materials intensity per wafer, while improving memory and logic markets support broader growth. With its investment cycle largely complete, margin expansion and improving free cash flow should drive the next phase of earnings growth. We remain attracted to Entegris' strong competitive positioning and high barriers to entry."
Entegris, Inc. (NASDAQ:ENTG) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held Entegris, Inc. (NASDAQ:ENTG) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of Entegris, Inc. (NASDAQ:ENTG) 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.
#NASDAQ #income #hennessy
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Entegris, Inc. (NASDAQ:ENTG) as a leading contributor. Headquartered in Billerica, Massachusetts, Entegris, Inc. (NASDAQ:ENTG) provides materials and process solutions for the semiconductor and other high-technology industries. On August 28, 2026, Entegris, Inc. (NASDAQ:ENTG) closed at $134.92 per share, reflecting a market capitalization of $20.62 billion. Entegris, Inc. (NASDAQ:ENTG) posted a one‑month return of 7.76%, while its shares gained 61.12% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Entegris, Inc. (NASDAQ:ENTG) in its Q2 2026 investor letter:
"The largest contributor year-to-date based on relative performance vs. the benchmark was Entegris, Inc. (NASDAQ:ENTG), as it benefited from improving fab utilization and accelerating AI-driven semiconductor demand. The company continues to gain share as advanced node transitions increase materials intensity per wafer, while improving memory and logic markets support broader growth. With its investment cycle largely complete, margin expansion and improving free cash flow should drive the next phase of earnings growth. We remain attracted to Entegris' strong competitive positioning and high barriers to entry."
Entegris, Inc. (NASDAQ:ENTG) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held Entegris, Inc. (NASDAQ:ENTG) at the end of the second quarter, the same as in the previous quarter. While we acknowledge the potential of Entegris, Inc. (NASDAQ:ENTG) 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.
#NASDAQ #income #hennessy
2 months ago
Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) 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
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Equitable Holdings, Inc. (NYSE:EQH), a leading diversified financial services company focusing on life insurance, annuities, ******* et management, and retirement solutions. The Fund disclosed that it sold its position in Equitable Holdings, Inc. (NYSE:EQH) during the quarter. On August 31, 2026, Equitable Holdings, Inc. (NYSE:EQH) closed at $50.13 per share. Over the past month, Equitable Holdings, Inc. (NYSE:EQH) returned 3.90%, but its shares are down 4.97% over the past year. Equitable Holdings, Inc. (NYSE:EQH) has a market capitalization of $13.67 billion, and its stock has traded within a 52-week range of $35.19 to $55.15.
Hennessy Equity and Income Fund stated the following regarding Equitable Holdings, Inc. (NYSE:EQH) in its Q2 2026 investor letter:
"Equitable Holdings, Inc. (NYSE:EQH) triggered our soft stop-loss review, and with no insider buying to reinforce conviction, we sold the position. While Equitable continues to generate strong cash flow and return capital in a disciplined manner, the underlying core business has remained inconsistent. Earnings quality is uneven, flows are mixed, and ongoing pressure in the individual life and retirement segments raises concern. Although valuation appears attractive, our confidence in the ability to deliver consistent results and successfully execute a turnaround was lowered."
Equitable Holdings, Inc. (NYSE:EQH) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held Equitable Holdings, Inc. (NYSE:EQH) at the end of the second quarter, which was 42 in the previous quarter. While we acknowledge the potential of Equitable Holdings, Inc. (NYSE:EQH) 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
2 months ago
Michael Saylor says Bitcoin passes what he calls the Bernard Arnault test, a rule he uses to decide whether an **** et deserves serious money.
The Strategy executive chairman posted the argument on Monday in a short video clip on X, urging followers to think like a billionaire before committing capital.
Bernard Arnault chairs LVMH Louis Vuitton Moët Hennessy, the luxury group behind Louis Vuitton, Sephora and Tiffany & Co. The company owns 75 fashion and cosmetics labels. Forbes ranks Arnault 11th in the world with $142.3 billion.
Saylor borrows the name as shorthand for buyers at the very top of the wealth ladder. His test turns on a single question about future demand.
"Bitcoin passes the Bernard Arnault test. The Bernard Arnault test is this: I have a lot of money, what should I invest it in? I should buy something that someone richer than me, smarter than me, and more cultured than me will want to buy from me in ten years," Saylor said.
#saylor #passes #michael
The Strategy executive chairman posted the argument on Monday in a short video clip on X, urging followers to think like a billionaire before committing capital.
Bernard Arnault chairs LVMH Louis Vuitton Moët Hennessy, the luxury group behind Louis Vuitton, Sephora and Tiffany & Co. The company owns 75 fashion and cosmetics labels. Forbes ranks Arnault 11th in the world with $142.3 billion.
Saylor borrows the name as shorthand for buyers at the very top of the wealth ladder. His test turns on a single question about future demand.
"Bitcoin passes the Bernard Arnault test. The Bernard Arnault test is this: I have a lot of money, what should I invest it in? I should buy something that someone richer than me, smarter than me, and more cultured than me will want to buy from me in ten years," Saylor said.
#saylor #passes #michael
2 months ago
Lululemon has overhauled its leadership in Greater China, elevating its longtime China head and tapping an LVMH Moët Hennessy Louis Vuitton executive in a new role as it doubles down on growing in the market.
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
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#China
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
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Charles Leclerc on Margiela Tabis, Upcoming Grandmaster Chess Match and His Growing Family
Sephora Taps Chinese Idol Brand Goodbai for Cowboy-themed Collaboration
#China
3 months ago
WILLIAMSPORT, PA(WBRE/WYOU)-- The last seven days have been a whirlwind for the twelve year old all-stars from West Chester, PA. The Mid-Atlantic Regional Champions have been on the road since capturing the ***** le Friday, August 14th in Bristol, Connecticut.
East Side Little League Manager Bob Hennessey said, "It's awesome, and the support back home has been unbelievable. Getting messages, texts, social media posts."
East Side pitcher and outfielder Cole Warner shined in the clinching game of the Mid-Atlantic Regionals. "Seeing all the fans, and like the parents and the kids asking for all of us. It's like being a MLB player," said Warner.
The twelve year old tossed five plus innings, allowing just a single run. "They were pretty good. Just pitching to contact and trusting my defense is the key," Cole said.
Warner also scored a run in the 3 to 1 win over Delaware. Ryan Hennessy drove him in with a two RBI hit in the first inning.
#Atlantic #cole #twelve #williamsport
East Side Little League Manager Bob Hennessey said, "It's awesome, and the support back home has been unbelievable. Getting messages, texts, social media posts."
East Side pitcher and outfielder Cole Warner shined in the clinching game of the Mid-Atlantic Regionals. "Seeing all the fans, and like the parents and the kids asking for all of us. It's like being a MLB player," said Warner.
The twelve year old tossed five plus innings, allowing just a single run. "They were pretty good. Just pitching to contact and trusting my defense is the key," Cole said.
Warner also scored a run in the 3 to 1 win over Delaware. Ryan Hennessy drove him in with a two RBI hit in the first inning.
#Atlantic #cole #twelve #williamsport
3 months ago
Beyoncé has secured full ownership of her whiskey brand.
As AFROTECH
previously reported, the "MORNING DEW (DONK)" artist launched SirDavis with Moët Hennessy in 2024. The whiskey features a "bespoke recipe" influenced by ****** an and Scotland and had been in the works for years. She described it as fate, given her family ties.
"I've always been drawn to the power and confidence I feel when drinking quality whisky and wanted to invite more people to experience that feeling," Beyoncé said in a press release. "When I discovered that my great-grandfather had been a moonshine man, it felt like my love for whisky was fated. SirDavis is a way for me to pay homage to him, uniting us through a new shared legacy."
She continued, "In partnering with Moët Hennessy, we have crafted a delicious American whisky that respects tradition but also empowers people to experience something new and unique in the category. You can taste it better than I could ever tell you — welcome, SirDavis."
#beyonc
As AFROTECH
previously reported, the "MORNING DEW (DONK)" artist launched SirDavis with Moët Hennessy in 2024. The whiskey features a "bespoke recipe" influenced by ****** an and Scotland and had been in the works for years. She described it as fate, given her family ties.
"I've always been drawn to the power and confidence I feel when drinking quality whisky and wanted to invite more people to experience that feeling," Beyoncé said in a press release. "When I discovered that my great-grandfather had been a moonshine man, it felt like my love for whisky was fated. SirDavis is a way for me to pay homage to him, uniting us through a new shared legacy."
She continued, "In partnering with Moët Hennessy, we have crafted a delicious American whisky that respects tradition but also empowers people to experience something new and unique in the category. You can taste it better than I could ever tell you — welcome, SirDavis."
#beyonc
3 months ago
PARIS — LVMH Moët Hennessy Louis Vuitton's key fashion and leather goods division broke its losing streak in the second quarter, in a signal that demand for luxury goods is recovering after two years of sluggish sales.
The French luxury goods giant said organic sales for the unit, which includes Louis Vuitton, Dior and Loro Piana, rose 1 percent to 9.01 billion euros in the three months to June 30, following seven consecutive quarters of declines.
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#louis #luxury #hennessy
The French luxury goods giant said organic sales for the unit, which includes Louis Vuitton, Dior and Loro Piana, rose 1 percent to 9.01 billion euros in the three months to June 30, following seven consecutive quarters of declines.
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#louis #luxury #hennessy
4 months ago
Jul. 22—GRAND FORKS — Tim Hennessy isn't a full-time employee at UND anymore, but the longtime hockey radio play-by-play man could still call games next season under a new structure.
UND notified Hennessy on July 8 that it is eliminating his full-time position within the athletic department and indicated that the men's hockey radio play-by-play position will be structured underneath Fighting Hawks Sports Partnerships.
Most of UND's radio play-by-play announcers are currently paid by Fighting Hawks Sports Partnerships on a game-by-game basis, including Jack Michaels (football and women's basketball play-by-play), Darrin Looker (UND hockey road play-by-play or ******* yst), Mike LaMoine (UND hockey ******* yst) and Mike Berg (UND football ******* yst).
Men's basketball play-by-play announcer Paul Ralston, who serves as UND's ******* istant athletic director for broadcast properties, is paid by the school. Ralston is Hennessy's supervisor.
Hennessy said he met with UND athletic director Bill Chaves and Ralston two weeks ago.
#Athletic #analyst #fighting
UND notified Hennessy on July 8 that it is eliminating his full-time position within the athletic department and indicated that the men's hockey radio play-by-play position will be structured underneath Fighting Hawks Sports Partnerships.
Most of UND's radio play-by-play announcers are currently paid by Fighting Hawks Sports Partnerships on a game-by-game basis, including Jack Michaels (football and women's basketball play-by-play), Darrin Looker (UND hockey road play-by-play or ******* yst), Mike LaMoine (UND hockey ******* yst) and Mike Berg (UND football ******* yst).
Men's basketball play-by-play announcer Paul Ralston, who serves as UND's ******* istant athletic director for broadcast properties, is paid by the school. Ralston is Hennessy's supervisor.
Hennessy said he met with UND athletic director Bill Chaves and Ralston two weeks ago.
#Athletic #analyst #fighting
4 months ago
Jerry Jones' Cowboys offseason plans take early hit after veteran injury originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Jerry Jones spent the offseason adding affordable veteran depth to strengthen the Dallas Cowboys' roster. Before training camp has even opened, one of those additions is already gone, forcing Dallas to revisit its plans along the offensive line.
Jones' effort to reinforce the Cowboys' offensive line took an early setback after veteran center Matt Hennessy was ruled out for the entire 2026 season. ESPN's Todd Archer reported on June 18 that Dallas placed Hennessy on season-ending injured reserve after he underwent neck surgery, ending his season before training camp.
The Cowboys signed Hennessy to a one-year, $1.4 million contract in March after he appeared in all 17 games for the San Francisco 49ers in 2025, starting two. Jones viewed the former third-round pick as an experienced backup behind Cooper Beebe following Brock Hoffman's departure in free agency.
Instead, Dallas lost one of its top interior depth options after Hennessy suffered a neck injury during organized team activities. Head coach Brian Schottenheimer initially indicated Hennessy could begin the year on the Physically Unable to Perform list, but the injury proved serious enough for the Cowboys to end his season before Week 1.
Jerry Jones spent the offseason adding affordable veteran depth to strengthen the Dallas Cowboys' roster. Before training camp has even opened, one of those additions is already gone, forcing Dallas to revisit its plans along the offensive line.
Jones' effort to reinforce the Cowboys' offensive line took an early setback after veteran center Matt Hennessy was ruled out for the entire 2026 season. ESPN's Todd Archer reported on June 18 that Dallas placed Hennessy on season-ending injured reserve after he underwent neck surgery, ending his season before training camp.
The Cowboys signed Hennessy to a one-year, $1.4 million contract in March after he appeared in all 17 games for the San Francisco 49ers in 2025, starting two. Jones viewed the former third-round pick as an experienced backup behind Cooper Beebe following Brock Hoffman's departure in free agency.
Instead, Dallas lost one of its top interior depth options after Hennessy suffered a neck injury during organized team activities. Head coach Brian Schottenheimer initially indicated Hennessy could begin the year on the Physically Unable to Perform list, but the injury proved serious enough for the Cowboys to end his season before Week 1.
4 months ago
Exemplar Luxury Group, formerly Saks Global, completed its Chapter 11 restructuring on Friday and adopted a new corporate name, the company said. Through the reorganization, the company shed nearly three-quarters of its debt load and secured $500 million in fresh exit financing.
CEO Geoffroy van Raemdonck said the new name signals the company's commitment to high-end retail across all three banners. "It's a really big day for the Exemplar Luxury Group. We are starting as a new company," van Raemdonck told WWD. The three store brands — Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman — will keep their existing names and logos, the company said.
Saks Global filed for bankruptcy protection in January 2026, about 13 months after it bought Neiman Marcus Group for $2.7 billion, according to The New York Times. The deal, led by former owner Richard Baker, left the company with a lot of debt. Vendors started holding back inventory because of late payments, which sped up the company's financial troubles.
When the restructuring concluded, ABC News reported that 49 stores remained open across the three banners — a footprint that breaks down to 33 Neiman Marcus locations, 15 Saks Fifth Avenue outlets, and the Bergdorf Goodman flagship on Fifth Avenue, down from a pre-bankruptcy total of roughly 170. Van Raemdonck said that the Off 5th discount chain had been largely shuttered, with just 12 stores kept open strictly to move excess inventory.
Alongside the name change, Exemplar reconstituted its board of directors. Two seats apiece on the seven-member board went to representatives of Pentwater Capital Management and Bracebridge Capital, the investment firms that backed the company during its time in bankruptcy, the company said. Rounding out the board are van Raemdonck himself and two outside directors — Dave Kimbell, who ran Ulta Beauty before stepping down as CEO, and Philippe Schaus, a longtime LVMH executive committee member who most recently led Moët Hennessy as its president and global chief executive.
CEO Geoffroy van Raemdonck said the new name signals the company's commitment to high-end retail across all three banners. "It's a really big day for the Exemplar Luxury Group. We are starting as a new company," van Raemdonck told WWD. The three store brands — Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman — will keep their existing names and logos, the company said.
Saks Global filed for bankruptcy protection in January 2026, about 13 months after it bought Neiman Marcus Group for $2.7 billion, according to The New York Times. The deal, led by former owner Richard Baker, left the company with a lot of debt. Vendors started holding back inventory because of late payments, which sped up the company's financial troubles.
When the restructuring concluded, ABC News reported that 49 stores remained open across the three banners — a footprint that breaks down to 33 Neiman Marcus locations, 15 Saks Fifth Avenue outlets, and the Bergdorf Goodman flagship on Fifth Avenue, down from a pre-bankruptcy total of roughly 170. Van Raemdonck said that the Off 5th discount chain had been largely shuttered, with just 12 stores kept open strictly to move excess inventory.
Alongside the name change, Exemplar reconstituted its board of directors. Two seats apiece on the seven-member board went to representatives of Pentwater Capital Management and Bracebridge Capital, the investment firms that backed the company during its time in bankruptcy, the company said. Rounding out the board are van Raemdonck himself and two outside directors — Dave Kimbell, who ran Ulta Beauty before stepping down as CEO, and Philippe Schaus, a longtime LVMH executive committee member who most recently led Moët Hennessy as its president and global chief executive.
5 months ago
The Dallas Cowboys finished a strong offseason, and for now, the team takes a break until training camp later next month. While the players wrapped up the latest phase of team activities, the front office was certainly busy.
Dallas signed four players on Friday and made three corresponding roster moves, including placing backup center Matt Hennessy on injured reserve with a neck injury. Of the names added to the team, one name does stick out. The Cowboys signed former second-round pick of the New York Jets, Denzel Mims. With Parris Campbell’s retirement, Dallas added a veteran wideout at the bottom of the roster to get through the summer. However, is there reason to think Mims could stick around longer? Let’s weigh in on whether Mims could make the team.
Mims has always been on the Cowboys’ radar. He once starred in-state at Baylor, where he posted two 1,000-yard seasons over his collegiate career. Mims’ size and speed (4.38 40-yard dash) had many teams interested during the draft process, including Dallas, which had him in for a pre-draft visit ahead of the 2020 draft. Once Dallas lucked into CeeDee Lamb in the first round, Dallas set their sights elsewhere in the second round, and Mims landed in New York.
A combination of factors went wrong, sending Mims on a negative trajectory with the Jets. First, he sustained an injury that delayed his NFL debut until Week 7 of his rookie season. In his second season, he had lost 20 pounds due to sickness, and the coaching staff apparently lost faith in him, relegating Mims to a reserve role.
Distrust between him and the coaches, and his lack of production, led to him being traded to the Detroit Lions in 2023. Since then, Mims is now on his seventh professional football team, which includes stops in the UFL. Clearly, the odds are stacked against him to make the Cowboys’ roster, but if he did, what is he up against?
Dallas signed four players on Friday and made three corresponding roster moves, including placing backup center Matt Hennessy on injured reserve with a neck injury. Of the names added to the team, one name does stick out. The Cowboys signed former second-round pick of the New York Jets, Denzel Mims. With Parris Campbell’s retirement, Dallas added a veteran wideout at the bottom of the roster to get through the summer. However, is there reason to think Mims could stick around longer? Let’s weigh in on whether Mims could make the team.
Mims has always been on the Cowboys’ radar. He once starred in-state at Baylor, where he posted two 1,000-yard seasons over his collegiate career. Mims’ size and speed (4.38 40-yard dash) had many teams interested during the draft process, including Dallas, which had him in for a pre-draft visit ahead of the 2020 draft. Once Dallas lucked into CeeDee Lamb in the first round, Dallas set their sights elsewhere in the second round, and Mims landed in New York.
A combination of factors went wrong, sending Mims on a negative trajectory with the Jets. First, he sustained an injury that delayed his NFL debut until Week 7 of his rookie season. In his second season, he had lost 20 pounds due to sickness, and the coaching staff apparently lost faith in him, relegating Mims to a reserve role.
Distrust between him and the coaches, and his lack of production, led to him being traded to the Detroit Lions in 2023. Since then, Mims is now on his seventh professional football team, which includes stops in the UFL. Clearly, the odds are stacked against him to make the Cowboys’ roster, but if he did, what is he up against?
