34 mins. 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.
Achieved all-time record Q2 revenue and EBITDA, driven by a 12% EBITDA increase in North American operations which now represent approximately 90% of total results.
Performance attribution is largely credited to the 'contribution phase' of capital investments made over the last two years, particularly at the Nugget and Missouri properties.
The Nugget saw a 93% EBITDA increase, fueled by a successful entertainment calendar and a 300% surge in transient corporate room nights during historically soft periods.
Operational efficiency improved across the portfolio, with U.S. property margins expanding from 24% to 26% through disciplined expense management and gaming floor optimization.
#ebitda #achieved #north
Achieved all-time record Q2 revenue and EBITDA, driven by a 12% EBITDA increase in North American operations which now represent approximately 90% of total results.
Performance attribution is largely credited to the 'contribution phase' of capital investments made over the last two years, particularly at the Nugget and Missouri properties.
The Nugget saw a 93% EBITDA increase, fueled by a successful entertainment calendar and a 300% surge in transient corporate room nights during historically soft periods.
Operational efficiency improved across the portfolio, with U.S. property margins expanding from 24% to 26% through disciplined expense management and gaming floor optimization.
#ebitda #achieved #north
2 hours ago
Fewer cargo theft reports did not mean smaller losses during the second quarter, according to Verisk CargoNet's ******* ysis. The intelligence network documented 677 incidents across the United States and Canada. That total fell 26% from Q2 2025. It also dropped 14% from the previous quarter.
Estimated cargo losses nevertheless climbed to $304.6 million during the three-month period. That figure more than doubled the $135.7 million reported during Q2 2025. The average reported commodity value reached $564,009. Several multimillion-dollar thefts involving metals and enterprise technology heavily influenced that average.
"Lower incident volume should not be mistaken for lower risk," Keith Lewis, Verisk CargoNet's vice president of operations, said. "The groups driving the largest losses are not necessarily trying to steal more freight; they are trying to identify the right shipment." Lewis pointed to metals and enterprise technology as areas attracting organized theft groups. Those shipments can offer major value and established resale opportunities.
Scott Cornell, EVP, Crime and Theft Specialist at SPG Cargo & Logistics and chair of TAPA Americas, discussed the results during a recent FreightWaves interview. He described the decrease as welcome news after years when theft activity stayed elevated. Cornell also urged the industry to avoid treating one quarter as proof of a broader shift. "It's not going to be a trend until we see it for maybe two or three quarters consecutively," Cornell said.
Cornell noted that cargo theft numbers have historically moved up and down. He said recent law-enforcement arrests could be contributing to the quarterly decrease. Those efforts included operations in New York, New Jersey, California and Canada, along with FBI and Homeland Security cases. Cornell called the results from law enforcement and private-sector cooperation encouraging.
#theft #lower
Estimated cargo losses nevertheless climbed to $304.6 million during the three-month period. That figure more than doubled the $135.7 million reported during Q2 2025. The average reported commodity value reached $564,009. Several multimillion-dollar thefts involving metals and enterprise technology heavily influenced that average.
"Lower incident volume should not be mistaken for lower risk," Keith Lewis, Verisk CargoNet's vice president of operations, said. "The groups driving the largest losses are not necessarily trying to steal more freight; they are trying to identify the right shipment." Lewis pointed to metals and enterprise technology as areas attracting organized theft groups. Those shipments can offer major value and established resale opportunities.
Scott Cornell, EVP, Crime and Theft Specialist at SPG Cargo & Logistics and chair of TAPA Americas, discussed the results during a recent FreightWaves interview. He described the decrease as welcome news after years when theft activity stayed elevated. Cornell also urged the industry to avoid treating one quarter as proof of a broader shift. "It's not going to be a trend until we see it for maybe two or three quarters consecutively," Cornell said.
Cornell noted that cargo theft numbers have historically moved up and down. He said recent law-enforcement arrests could be contributing to the quarterly decrease. Those efforts included operations in New York, New Jersey, California and Canada, along with FBI and Homeland Security cases. Cornell called the results from law enforcement and private-sector cooperation encouraging.
#theft #lower
10 hours ago
On August 4, Tenable Holdings (NASDAQ:TENB) announced that it now covers every major AI platform and developer tool through its Tenable One platform, adding Google Gemini to a list that already included Anthropic Claude, OpenAI's ChatGPT Enterprise, and Microsoft Copilot. It is a bet that as companies rush to adopt AI, someone needs to watch where the risk is hiding, and Tenable wants to be the company holding that flashlight.
The scale of the problem Tenable is chasing is hard to ignore. The company said it detected 457 million AI-related security issues across more than 7,000 organizations, averaging 62,000 exposures per organization over 30 days. That is the kind of number that makes the case for exposure management on its own. Tenable One AI Exposure now extends discovery to every major LLM, all major Model Context Protocol deployments, and AI-native development tools like Cursor, Windsurf, and Trae, roughly doubling its coverage of sanctioned and shadow AI in one release. Beyond just finding the exposures, the platform lets security teams act on them directly, creating tickets in Jira or ServiceNow (NYSE:NOW), or firing off alerts through email, Slack, or Teams. That combination of visibility and Tenable's Hexa AI engine, which automates remediation tasks, is what the company is positioning as a full loop rather than another dashboard ******* ody checks.
The business results back up the demand story. Tenable One made up half of the company's new sales in the second quarter, evidence that customers are consolidating onto the full platform instead of buying individual point tools. Second-quarter revenue came in at $268.5 million, ahead of management's guided range of $263 million to $266 million, while operating expenses fell to $195.8 million from $200.3 million a year earlier. That combination flipped a $14.7 million net loss into a $3.8 million net profit, and adjusted profit jumped 40% to $57.9 million. The stock is up more than 40% in 2026 on the back of that improvement, yet Tenable's market capitalization of $3.6 billion is still a fraction of CrowdStrike Holdings (NASDAQ:CRWD) and Palo Alto Networks (NASDAQ:PANW), whose combined market cap tops $450 billion.
That gap shows up in valuation too. Tenable trades at a price-to-sales ratio of 3.7, well below its own historical average of 7.1 since going public in 2018, and far cheaper than Palo Alto Networks at 22.9 times sales or CrowdStrike at 38.1 times. But cheap multiples usually come with a reason attached. Tenable's revenue grew 8.6% year over year in the quarter, modest next to CrowdStrike's annual recurring revenue growth of 24% to $5.5 billion. Some of Tenable's profit turnaround came from cutting costs, including in growth-oriented areas like marketing, rather than from accelerating sales. That is a reasonable way to prove discipline, but it raises the question of whether faster growth is coming or whether the company is simply managing a slower-growth business more efficiently
The scale of the problem Tenable is chasing is hard to ignore. The company said it detected 457 million AI-related security issues across more than 7,000 organizations, averaging 62,000 exposures per organization over 30 days. That is the kind of number that makes the case for exposure management on its own. Tenable One AI Exposure now extends discovery to every major LLM, all major Model Context Protocol deployments, and AI-native development tools like Cursor, Windsurf, and Trae, roughly doubling its coverage of sanctioned and shadow AI in one release. Beyond just finding the exposures, the platform lets security teams act on them directly, creating tickets in Jira or ServiceNow (NYSE:NOW), or firing off alerts through email, Slack, or Teams. That combination of visibility and Tenable's Hexa AI engine, which automates remediation tasks, is what the company is positioning as a full loop rather than another dashboard ******* ody checks.
The business results back up the demand story. Tenable One made up half of the company's new sales in the second quarter, evidence that customers are consolidating onto the full platform instead of buying individual point tools. Second-quarter revenue came in at $268.5 million, ahead of management's guided range of $263 million to $266 million, while operating expenses fell to $195.8 million from $200.3 million a year earlier. That combination flipped a $14.7 million net loss into a $3.8 million net profit, and adjusted profit jumped 40% to $57.9 million. The stock is up more than 40% in 2026 on the back of that improvement, yet Tenable's market capitalization of $3.6 billion is still a fraction of CrowdStrike Holdings (NASDAQ:CRWD) and Palo Alto Networks (NASDAQ:PANW), whose combined market cap tops $450 billion.
That gap shows up in valuation too. Tenable trades at a price-to-sales ratio of 3.7, well below its own historical average of 7.1 since going public in 2018, and far cheaper than Palo Alto Networks at 22.9 times sales or CrowdStrike at 38.1 times. But cheap multiples usually come with a reason attached. Tenable's revenue grew 8.6% year over year in the quarter, modest next to CrowdStrike's annual recurring revenue growth of 24% to $5.5 billion. Some of Tenable's profit turnaround came from cutting costs, including in growth-oriented areas like marketing, rather than from accelerating sales. That is a reasonable way to prove discipline, but it raises the question of whether faster growth is coming or whether the company is simply managing a slower-growth business more efficiently
16 hours ago
LeBron James is in the midst of preparing for his first-ever season as a Philadelphia 76ers player following his LA Lakers exit earlier this year.
James arrives during a period in which the 76ers have been struggling to make it to the NBA Finals and have spent decades without a championship.
But LeBron is historically one of the best NBA players and has had a very successful career, some of which was spent playing with Dwyane Wade.
Wade and James had a number of years together with the Miami Heat before a second brief spell as teammates at the Cleveland Cavaliers.
Now, the duo have linked up again this week, and images of the pair are going viral on social media.
#lebron #wade #dwyane
James arrives during a period in which the 76ers have been struggling to make it to the NBA Finals and have spent decades without a championship.
But LeBron is historically one of the best NBA players and has had a very successful career, some of which was spent playing with Dwyane Wade.
Wade and James had a number of years together with the Miami Heat before a second brief spell as teammates at the Cleveland Cavaliers.
Now, the duo have linked up again this week, and images of the pair are going viral on social media.
#lebron #wade #dwyane
19 hours ago
The latest tranche of materials on unidentified aerial phenomenon (UAP) released by the U.S. government includes video of what appears to be an object traversing the skies last year over the Middle East.
"The United States Central Command submitted a report of an unidentified anomalous phenomenon to the All-domain Anomaly Resolution Office (AARO) consisting of 1 minute and 39 seconds of video footage from an electro-optical and infrared sensor aboard a U.S. military platform in 2025," the War Department noted.
A description of the video says, "The sensor pans to track an area of contrast from left to right across the background, keeping it generally centered within the frame. The sensor adjusts collection mode and level of magnification several times."
Nasa Chief Confirms Agency Has Unexplained Ufo Imagery: 'We Don't Know What It Is'
Assistant to the secretary of war for public affairs and chief Pentagon spokesperson Sean Parnell said in part of a Friday statement, "Today, the Department of War is publishing the fifth release of declassified and historical Unidentified Anomalous Phenomena (UAP) files as part of the Presidential Unsealing and Reporting System for UAP Encounters (PURSUE)."
#middle
"The United States Central Command submitted a report of an unidentified anomalous phenomenon to the All-domain Anomaly Resolution Office (AARO) consisting of 1 minute and 39 seconds of video footage from an electro-optical and infrared sensor aboard a U.S. military platform in 2025," the War Department noted.
A description of the video says, "The sensor pans to track an area of contrast from left to right across the background, keeping it generally centered within the frame. The sensor adjusts collection mode and level of magnification several times."
Nasa Chief Confirms Agency Has Unexplained Ufo Imagery: 'We Don't Know What It Is'
Assistant to the secretary of war for public affairs and chief Pentagon spokesperson Sean Parnell said in part of a Friday statement, "Today, the Department of War is publishing the fifth release of declassified and historical Unidentified Anomalous Phenomena (UAP) files as part of the Presidential Unsealing and Reporting System for UAP Encounters (PURSUE)."
#middle
20 hours ago
LEXINGTON — If Kentucky football's debut season under coach Will Stein is one for the record books, it's likely Kenny Minchey played a significant part.
A transfer from Notre Dame, Minchey will enter the season as UK's starting quarterback. To this point in his career, the fourth-year junior has appeared in 10 games, completing 79.3% of his attempts (23 of 29) for 212 yards.
To make it onto this list, however, Minchey must put up staggering numbers with the Wildcats.
While Kentucky football historically hasn't been as successful as other programs in the SEC, the Cats still have had their share of stellar QB play.
Here's a look at the five best UK signal callers of all time:
#minchey #notre #dame
A transfer from Notre Dame, Minchey will enter the season as UK's starting quarterback. To this point in his career, the fourth-year junior has appeared in 10 games, completing 79.3% of his attempts (23 of 29) for 212 yards.
To make it onto this list, however, Minchey must put up staggering numbers with the Wildcats.
While Kentucky football historically hasn't been as successful as other programs in the SEC, the Cats still have had their share of stellar QB play.
Here's a look at the five best UK signal callers of all time:
#minchey #notre #dame
2 days ago
Marathon Petroleum (MPC) posted $17.73 EPS against a $13.95 estimate as its refining margin nearly doubled to $36 per barrel.
Valero (VLO) warns margins could drop 28% by 2027, but structural limits keep today's crack spreads historically wide. No new U.S. refinery has been built since 1976.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marathon Petroleum didn't make the cut. Grab the names FREE today.
Marathon Petroleum (NYSE:MPC) reported $17.73 in quarterly earnings per share against a $13.95 estimate, and its stock is up 90.47% year to date. If you have been grumbling at the pump about $4.08 gasoline, congratulations, you found the party. However, you were not invited unless you were invested here.
CNBC's Pippa Stevens laid out the setup on air Tuesday. "Fuel prices are high and crude has pulled back, creating a perfect situation for the refiners. EPS up 975% quarter over quarter and nearly 350% year over year." That is the whole thesis in two sentences. Marathon booked $5.14 billion in net income, up from $1.22 billion a year earlier, and returned over $2.80 billion to shareholders in a single quarter. Revenue landed at $51.99 billion. That cleared the $41.44 billion consensus.
#quarter #valero #NVIDIA
Valero (VLO) warns margins could drop 28% by 2027, but structural limits keep today's crack spreads historically wide. No new U.S. refinery has been built since 1976.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marathon Petroleum didn't make the cut. Grab the names FREE today.
Marathon Petroleum (NYSE:MPC) reported $17.73 in quarterly earnings per share against a $13.95 estimate, and its stock is up 90.47% year to date. If you have been grumbling at the pump about $4.08 gasoline, congratulations, you found the party. However, you were not invited unless you were invested here.
CNBC's Pippa Stevens laid out the setup on air Tuesday. "Fuel prices are high and crude has pulled back, creating a perfect situation for the refiners. EPS up 975% quarter over quarter and nearly 350% year over year." That is the whole thesis in two sentences. Marathon booked $5.14 billion in net income, up from $1.22 billion a year earlier, and returned over $2.80 billion to shareholders in a single quarter. Revenue landed at $51.99 billion. That cleared the $41.44 billion consensus.
#quarter #valero #NVIDIA
2 days ago
The XLU or the Utilities ETF looks like it's going to jump a bit early based on pre-market trading. So therefore, I think we've got a situation where traders are looking at this through the prism of whether or not we can pick up a little bit of momentum. The market is one that typically is a little bit of a safety play, so this is interesting to see how we have bounced off this support.
And with that being the case, if we can break from here, we'll test the 200-day EMA first and possibly try to grind our way back to the top of the range if momentum can pick up. For myself, I actually like the utilities as a small part of a portfolio, almost like a little bit of insurance. It looks like we are at least trying to defend the range.
The XLF, or financials, looks like it is going to gap higher during the day and just continue to rise. This has been a nice channel for some time and a nice 45-degree angle. I don't see anything on this chart personally that changes that attitude. Slow and steady is the way this one goes as it goes higher over the last couple of months, and it looks like we're going to get more of the same here on Wednesday so far.
XLK, now this is the technology sector. It looks like it's going to open up about 10 cents above where it closed, but it's worth noting that on Tuesday it just launched. And with the earnings season going the way it is and the sudden reemergence of certain high-flying technology companies in the last couple of days, this does make sense.
Certainly looks like it's trying to continue the upward momentum. If rates continue to drop, historically speaking, that's good for tech companies; we'll have to see if that plays out. Certainly, a healthy-looking chart.
#like #going #certainly
And with that being the case, if we can break from here, we'll test the 200-day EMA first and possibly try to grind our way back to the top of the range if momentum can pick up. For myself, I actually like the utilities as a small part of a portfolio, almost like a little bit of insurance. It looks like we are at least trying to defend the range.
The XLF, or financials, looks like it is going to gap higher during the day and just continue to rise. This has been a nice channel for some time and a nice 45-degree angle. I don't see anything on this chart personally that changes that attitude. Slow and steady is the way this one goes as it goes higher over the last couple of months, and it looks like we're going to get more of the same here on Wednesday so far.
XLK, now this is the technology sector. It looks like it's going to open up about 10 cents above where it closed, but it's worth noting that on Tuesday it just launched. And with the earnings season going the way it is and the sudden reemergence of certain high-flying technology companies in the last couple of days, this does make sense.
Certainly looks like it's trying to continue the upward momentum. If rates continue to drop, historically speaking, that's good for tech companies; we'll have to see if that plays out. Certainly, a healthy-looking chart.
#like #going #certainly
2 days ago
Option prices are surging for stocks but are relatively subdued for the SPY. In the chart below, I compare the implied volatility (IV) of individual stocks with the IV of the SPY (an ETF based on the S&P 500 Index) using weekly options that expire the following week. Specifically, I calculated the average IV of individual stocks at the end of each week and compared it to the SPY IV.
The chart below is color-coded, highlighting that over the past ten weeks, the average IV of individual stocks has been around 50% (blue), a historically high level. Meanwhile, the SPY average IV has remained relatively low at about 13.5% (orange). This has pushed the spread between the two close to 36% (black), the highest level in my data dating back to 2016.
This is an interesting situation, and this week I'll examine the historical data to see what this has typically meant for the short-term options trading environment.
We would normally expect IVs on individual stocks to correlate with IVs on the SPY, and that's typically the case. However, there are times when they diverge, as they have now.
It makes sense if traders expect big moves from individual stocks, but they expect the big moves in both directions. That could result in little movement from the broad index. In other words, the options market is pricing in large, but uncorrelated, moves in individual stocks.
#index
The chart below is color-coded, highlighting that over the past ten weeks, the average IV of individual stocks has been around 50% (blue), a historically high level. Meanwhile, the SPY average IV has remained relatively low at about 13.5% (orange). This has pushed the spread between the two close to 36% (black), the highest level in my data dating back to 2016.
This is an interesting situation, and this week I'll examine the historical data to see what this has typically meant for the short-term options trading environment.
We would normally expect IVs on individual stocks to correlate with IVs on the SPY, and that's typically the case. However, there are times when they diverge, as they have now.
It makes sense if traders expect big moves from individual stocks, but they expect the big moves in both directions. That could result in little movement from the broad index. In other words, the options market is pricing in large, but uncorrelated, moves in individual stocks.
#index
2 days ago
Who knew there would be so much drama in horse racing months after this year's Triple Crown was etched in the history books?
But quite like how we're all talking about Boston College men's basketball in August for some reason, we've also spent much of this week following along to a series of major developments regarding the Triple Crown and the future of high-level horse racing.
It all started on Monday, when the New York Racing **** ociation (NYRA) and Churchill Downs Incorporated announced a new season-long horse racing series that will pit the best three-year-old Thoroughbreds against each other in a six-race circuit with a champion crowned at Churchill Downs in September. But curiously, when the series was announced, it included the Kentucky Derby and the Belmont Stakes, but not the second leg of horse racing's Triple Crown, the Preakness.
A couple days later, Maryland Governor Wes Moore held a press conference to announce that the Preakness Stakes, which historically was run two weeks following the Kentucky Derby, would now be held three weeks and a day after the Derby. The shift was made with the hope that more Derby horses, including the Derby winner, would participate in the Preakness. In recent years, the vast majority of Derby horses have skipped the Preakness due to the quick turnaround time, instead eyeing the Belmont five weeks later.
At the press conference, Moore also announced that the Preakness would remain on NBC Sports through 2032. Various reports indicate that Fox, which owns rights for the Belmont and various other high-profile horse racing properties, had been an interested bidder in the Preakness, but NBC ultimately won out.
#crown #belmont #weeks
But quite like how we're all talking about Boston College men's basketball in August for some reason, we've also spent much of this week following along to a series of major developments regarding the Triple Crown and the future of high-level horse racing.
It all started on Monday, when the New York Racing **** ociation (NYRA) and Churchill Downs Incorporated announced a new season-long horse racing series that will pit the best three-year-old Thoroughbreds against each other in a six-race circuit with a champion crowned at Churchill Downs in September. But curiously, when the series was announced, it included the Kentucky Derby and the Belmont Stakes, but not the second leg of horse racing's Triple Crown, the Preakness.
A couple days later, Maryland Governor Wes Moore held a press conference to announce that the Preakness Stakes, which historically was run two weeks following the Kentucky Derby, would now be held three weeks and a day after the Derby. The shift was made with the hope that more Derby horses, including the Derby winner, would participate in the Preakness. In recent years, the vast majority of Derby horses have skipped the Preakness due to the quick turnaround time, instead eyeing the Belmont five weeks later.
At the press conference, Moore also announced that the Preakness would remain on NBC Sports through 2032. Various reports indicate that Fox, which owns rights for the Belmont and various other high-profile horse racing properties, had been an interested bidder in the Preakness, but NBC ultimately won out.
#crown #belmont #weeks
2 days ago
ESPN's Bill Barnwell recently went team by team projecting each franchise's realistic Hall of Fame candidates, and while several 49ers stars fared well, one veteran was tabbed as unlikely to reach Canton.
Barnwell explained his approach before sorting players into five tiers: players that are in, on the cusp, need to keep it up, have work to do and will be missing out on the Hall of Fame, based on historical comparables rather than personal opinion on merit.
San Francisco had plenty of representation across the spectrum. Barnwell listed receiver Mike Evans, running back Christian McCaffrey and tackle Trent Williams as locks, while tight end George Kittle and linebacker Fred Warner landed in the "on the cusp" group. Edge rusher Nick Bosa and quarterback Brock Purdy were tabbed as having "work to do" but remain on a promising trajectory.
Fullback Kyle Juszczyk, however, fell into the "missing out" category despite a decorated career in the Bay Area.
Juszczyk will be a fascinating case to see whether that keeps up, given that he just earned his 10th consecutive Pro Bowl nod in 2025. Of course, while Juszczyk is a good player, it's fair to wonder whether he's racking up Pro Bowl appearances by virtue of being the most conspicuous player at a position where there simply aren't many others, just as Mike Alstott became a six-time Pro Bowler with the Bucs. Juszczyk plays only about half of the offensive snaps in a typical game, and it seems telling that the 49ers were willing to cut him this offseason before re-signing him, saving about $500,000 in the process. I'd be a little surprised if he made it in just given how the league has valued fullbacks.
#hall #cusp
Barnwell explained his approach before sorting players into five tiers: players that are in, on the cusp, need to keep it up, have work to do and will be missing out on the Hall of Fame, based on historical comparables rather than personal opinion on merit.
San Francisco had plenty of representation across the spectrum. Barnwell listed receiver Mike Evans, running back Christian McCaffrey and tackle Trent Williams as locks, while tight end George Kittle and linebacker Fred Warner landed in the "on the cusp" group. Edge rusher Nick Bosa and quarterback Brock Purdy were tabbed as having "work to do" but remain on a promising trajectory.
Fullback Kyle Juszczyk, however, fell into the "missing out" category despite a decorated career in the Bay Area.
Juszczyk will be a fascinating case to see whether that keeps up, given that he just earned his 10th consecutive Pro Bowl nod in 2025. Of course, while Juszczyk is a good player, it's fair to wonder whether he's racking up Pro Bowl appearances by virtue of being the most conspicuous player at a position where there simply aren't many others, just as Mike Alstott became a six-time Pro Bowler with the Bucs. Juszczyk plays only about half of the offensive snaps in a typical game, and it seems telling that the 49ers were willing to cut him this offseason before re-signing him, saving about $500,000 in the process. I'd be a little surprised if he made it in just given how the league has valued fullbacks.
#hall #cusp
2 days ago
In this segment of the AI Investor Podcast from 24/7 Wall St., Eric Bleeker reviews Lam Research, a semiconductor equipment holding originally recommended to the million dollar AI portfolio he manages as part of a collection of memory-adjacent stocks. The quarter itself was solid: $1.82 in EPS against $1.70 expected, with the standout being guidance of $2.15 for next quarter versus a street estimate of $1.84. The stock jumped about 20% the next morning, though Bleeker attributes most of that to how far it had fallen during July's selloff rather than to the results, which he characterizes as good but not spectacular.His hesitation is valuation. Against a full-year estimate of $9.40, the shares trade a bit above 30 times forward earnings, which he considers the upper end of the historical range. He is not planning to add more with other opportunities across the market after a steep July sell-off. The broader read on semiconductor equipment is more bullish. Taiwan Semiconductor raised capex, Intel sounded optimistic on capex needs, and Bleeker guesses 2028 equipment spending could come in roughly 25% above where Wall Street currently models it. He is particularly interested in advanced packaging and testing, sub-verticals growing faster than the overall **** e. Lam remains a core long-term holding and, in his view, among the best operators in semi equipment.
#bleeker #semiconductor #above
#bleeker #semiconductor #above
2 days ago
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its "Mid Cap Strategy". A copy of the Q2 2026 investor letter can be downloaded here. In the quarter, equity markets posted strong returns as resilient economic growth and robust corporate earnings supported investor sentiment, although AI-related companies continued to dominate market leadership. Technology was the strongest-performing sector, while industrials also advanced and energy lagged as oil prices declined. The Fund returned 7.92% and the Russell Midcap Index returned 13.83%. Health care holdings were the largest positive contributor, supported by strength across managed care, diagnostics, and life sciences. However, stock selection and an underweight position in information technology remained the main relative headwinds. The strategy maintained limited exposure to highly valued semiconductor and memory companies, reflecting concerns that current valuations ******* ume an extended period of elevated AI spending. It also continued to ******* s software and services businesses individually based on how AI may affect their long-term competitive positions. Management emphasized higher-quality companies, attractive valuations, capital preservation, and durable long-term compounding while remaining cautious about elevated valuations, concentrated leadership, and the sustainability of the current AI investment cycle. Please review the Strategy's top five holdings for its key selections.
In its second-quarter 2026 investor letter, Diamond Hill Capital Mid Cap Strategy highlighted Equifax Inc. (NYSE:EFX), a company specializing in data, ******* ytics, and technology through its Workforce Solutions, U.S. Information Solutions (USIS), and International divisions. During the quarter, the strategy added Equifax Inc. (NYSE:EFX) to its portfolio. On August 04, 2026, Equifax Inc. (NYSE:EFX) closed at $177.12 per share, reflecting a market capitalization of $20.81 billion. Equifax Inc. (NYSE:EFX) posted a one-month return of 6.00%, while its shares lost 26.38% over the past 52 weeks.
Diamond Hill Capital Mid Cap Strategy stated the following regarding Equifax Inc. (NYSE:EFX) in its Q2 2026 investor letter:
"Equifax Inc. (NYSE:EFX), a provider of mortgage, employment and other data, manages proprietary datasets that are costly and difficult to replicate. Given that its data is critical to customers' workflows yet represents a small portion of their overall costs and it operates in a consolidated industry, the company has historically benefited from strong pricing power and consistent growth."
#capital #diamond #letter
In its second-quarter 2026 investor letter, Diamond Hill Capital Mid Cap Strategy highlighted Equifax Inc. (NYSE:EFX), a company specializing in data, ******* ytics, and technology through its Workforce Solutions, U.S. Information Solutions (USIS), and International divisions. During the quarter, the strategy added Equifax Inc. (NYSE:EFX) to its portfolio. On August 04, 2026, Equifax Inc. (NYSE:EFX) closed at $177.12 per share, reflecting a market capitalization of $20.81 billion. Equifax Inc. (NYSE:EFX) posted a one-month return of 6.00%, while its shares lost 26.38% over the past 52 weeks.
Diamond Hill Capital Mid Cap Strategy stated the following regarding Equifax Inc. (NYSE:EFX) in its Q2 2026 investor letter:
"Equifax Inc. (NYSE:EFX), a provider of mortgage, employment and other data, manages proprietary datasets that are costly and difficult to replicate. Given that its data is critical to customers' workflows yet represents a small portion of their overall costs and it operates in a consolidated industry, the company has historically benefited from strong pricing power and consistent growth."
#capital #diamond #letter
2 days ago
The euro looks like it is testing the 1.1560 level, an area that had been important previously on a swing high, so we'll have to see if we can break above there. It certainly looks like it's struggling, but I also recognize that recently the 1.15 level had been support. Typically speaking, this is a pretty choppy pair, and when we zoom out on the longer-term charts, we start to see that we are approaching an area that historically has seen a lot of chop and noise. So a little bit of a pullback here would not be surprising to me at all. Certainly, we are seeing interest rates in America try to turn back around to the upside during the early part of the session, so something worth keeping an eye on.
Currently, the US dollar and the Swiss franc seem to be very consolidated, and this is typical for this pair. But the interest rate differential most certainly favors the US dollar, and carry traders will be attracted to the wide spread here that they collect at any close of the day, especially with a lot of traders on Wednesday getting triple swap. Looks like the area right around 0.81 continues to be a magnet for price.
And finally, the British pound is stretching towards the 1.35 level. This is a lot like the euro in the sense that we had reached close to a swing high and failed a bit. Rates in the United States climbing a little bit early may provide a little bit of a headwind as well. 1.35 being broken would obviously be a strong headline because of the large round psychological number. It could bring in more buyers; we'd have to wait and see.
Currently, the 1.3435 level or so looks to be support. Could be range-bound. Today has no major economic announcements of any serious consequence. And with that, it would make sense if traders were a little bit range-bound and indecisive.
If you'd like to know more about how to trade forex, please visit our educational area.
#like #little #certainly #currently
Currently, the US dollar and the Swiss franc seem to be very consolidated, and this is typical for this pair. But the interest rate differential most certainly favors the US dollar, and carry traders will be attracted to the wide spread here that they collect at any close of the day, especially with a lot of traders on Wednesday getting triple swap. Looks like the area right around 0.81 continues to be a magnet for price.
And finally, the British pound is stretching towards the 1.35 level. This is a lot like the euro in the sense that we had reached close to a swing high and failed a bit. Rates in the United States climbing a little bit early may provide a little bit of a headwind as well. 1.35 being broken would obviously be a strong headline because of the large round psychological number. It could bring in more buyers; we'd have to wait and see.
Currently, the 1.3435 level or so looks to be support. Could be range-bound. Today has no major economic announcements of any serious consequence. And with that, it would make sense if traders were a little bit range-bound and indecisive.
If you'd like to know more about how to trade forex, please visit our educational area.
#like #little #certainly #currently
2 days ago
The XLU or the Utilities ETF looks like it's going to jump a bit early based on pre-market trading. So therefore, I think we've got a situation where traders are looking at this through the prism of whether or not we can pick up a little bit of momentum. The market is one that typically is a little bit of a safety play, so this is interesting to see how we have bounced off this support.
And with that being the case, if we can break from here, we'll test the 200-day EMA first and possibly try to grind our way back to the top of the range if momentum can pick up. For myself, I actually like the utilities as a small part of a portfolio, almost like a little bit of insurance. It looks like we are at least trying to defend the range.
The XLF, or financials, looks like it is going to gap higher during the day and just continue to rise. This has been a nice channel for some time and a nice 45-degree angle. I don't see anything on this chart personally that changes that attitude. Slow and steady is the way this one goes as it goes higher over the last couple of months, and it looks like we're going to get more of the same here on Wednesday so far.
XLK, now this is the technology sector. It looks like it's going to open up about 10 cents above where it closed, but it's worth noting that on Tuesday it just launched. And with the earnings season going the way it is and the sudden reemergence of certain high-flying technology companies in the last couple of days, this does make sense.
Certainly looks like it's trying to continue the upward momentum. If rates continue to drop, historically speaking, that's good for tech companies; we'll have to see if that plays out. Certainly, a healthy-looking chart.
#looks
And with that being the case, if we can break from here, we'll test the 200-day EMA first and possibly try to grind our way back to the top of the range if momentum can pick up. For myself, I actually like the utilities as a small part of a portfolio, almost like a little bit of insurance. It looks like we are at least trying to defend the range.
The XLF, or financials, looks like it is going to gap higher during the day and just continue to rise. This has been a nice channel for some time and a nice 45-degree angle. I don't see anything on this chart personally that changes that attitude. Slow and steady is the way this one goes as it goes higher over the last couple of months, and it looks like we're going to get more of the same here on Wednesday so far.
XLK, now this is the technology sector. It looks like it's going to open up about 10 cents above where it closed, but it's worth noting that on Tuesday it just launched. And with the earnings season going the way it is and the sudden reemergence of certain high-flying technology companies in the last couple of days, this does make sense.
Certainly looks like it's trying to continue the upward momentum. If rates continue to drop, historically speaking, that's good for tech companies; we'll have to see if that plays out. Certainly, a healthy-looking chart.
#looks
2 days ago
There is no doubt that this has been a summer transfer window of historical proportions for Real Madrid. The Merengues have undergone almost a generational change with six new players already signed, in addition to the change on the bench, with Jose Mourinho taking over from Alvaro Arbeloa.
Only today, on Thursday, Los Blancos completed the most expensive signing in their history, as they landed the RB Leipzig forward Yan Diomande for €125 million fixed and €15 million in add-ons.
Meanwhile, there was another operation in which they were engaged, and which had everyone ***** ociated with the club on edge, i.e., the renewal of Vinicius Junior. Despite having been in negotiations for a renewal for several months now, the two parties had been unable to arrive at an agreement. Now, with only a year left on his contract and with ***** nal very keen to land him, the matter had reached a critical point.
Fortunately, everything has ended well for Real Madrid. As MARCA has reported, the club has officially announced that Vinicius has renewed his contract for six more years, and thus will remain with the Merengue club till 2032.
Yesterday's meeting between the club officials and the Brazilian's entourage has proven to be decisive. In this meeting, Los Blancos increased their offer for the player, despite previously having made it clear that they will not negotiate any further over his renewal.
#vinicius #only #million
Only today, on Thursday, Los Blancos completed the most expensive signing in their history, as they landed the RB Leipzig forward Yan Diomande for €125 million fixed and €15 million in add-ons.
Meanwhile, there was another operation in which they were engaged, and which had everyone ***** ociated with the club on edge, i.e., the renewal of Vinicius Junior. Despite having been in negotiations for a renewal for several months now, the two parties had been unable to arrive at an agreement. Now, with only a year left on his contract and with ***** nal very keen to land him, the matter had reached a critical point.
Fortunately, everything has ended well for Real Madrid. As MARCA has reported, the club has officially announced that Vinicius has renewed his contract for six more years, and thus will remain with the Merengue club till 2032.
Yesterday's meeting between the club officials and the Brazilian's entourage has proven to be decisive. In this meeting, Los Blancos increased their offer for the player, despite previously having made it clear that they will not negotiate any further over his renewal.
#vinicius #only #million
3 days ago
A Trump-appointed federal appeals judge spent months running a Washington public affairs firm after being appointed to the bench last year, an arrangement that contributed to an exodus among the firm's staff and clients and only ended when the firm went out of business at the end of June.
Jennifer Mascott, a former conservative law professor who sits on the 3rd Circuit Court of Appeals, was deeply involved in daily operations at the firm, Adfero, for at least six months after she was confirmed as a judge in October 2025, according to 14 former employees and clients granted anonymity to discuss internal details of the firm's final months.
Nine of the former employees said Mascott, who inherited her ownership stake in the firm from her late husband in 2023, worked at least once a week out of Adfero's office in Washington and oversaw the firm's staffing, business development efforts and client relations in between her full-time judicial duties in Wilmington and Philadelphia.
The firm was historically a nonpartisan business that did public relations and marketing work for companies and trade ******* ociations such as PhRMA and the National Retail Federation. In the final months of the business, Mascott brought on consultants with strong MAGA credentials, according to eight of the former employees and clients. Her leadership of the firm involved operational and strategic decisions: She required her signoff on marketing materials and suggested staff pitch the firm's services to health insurers after the loss of crucial clients like PhRMA.
The details of Mascott's involvement with the firm, which have not been previously reported, come amid a yearslong push by members of Congress and others in the legal community for stricter ethical requirements for judges. While judges are barred from engaging in business activities that could call their impartiality into question, they may maintain ownership of family businesses as long as they are not using the prestige of their judgeship to further the business or taking significant time away from their judicial duties.
#firm #months #employees
Jennifer Mascott, a former conservative law professor who sits on the 3rd Circuit Court of Appeals, was deeply involved in daily operations at the firm, Adfero, for at least six months after she was confirmed as a judge in October 2025, according to 14 former employees and clients granted anonymity to discuss internal details of the firm's final months.
Nine of the former employees said Mascott, who inherited her ownership stake in the firm from her late husband in 2023, worked at least once a week out of Adfero's office in Washington and oversaw the firm's staffing, business development efforts and client relations in between her full-time judicial duties in Wilmington and Philadelphia.
The firm was historically a nonpartisan business that did public relations and marketing work for companies and trade ******* ociations such as PhRMA and the National Retail Federation. In the final months of the business, Mascott brought on consultants with strong MAGA credentials, according to eight of the former employees and clients. Her leadership of the firm involved operational and strategic decisions: She required her signoff on marketing materials and suggested staff pitch the firm's services to health insurers after the loss of crucial clients like PhRMA.
The details of Mascott's involvement with the firm, which have not been previously reported, come amid a yearslong push by members of Congress and others in the legal community for stricter ethical requirements for judges. While judges are barred from engaging in business activities that could call their impartiality into question, they may maintain ownership of family businesses as long as they are not using the prestige of their judgeship to further the business or taking significant time away from their judicial duties.
#firm #months #employees
3 days ago
Jon Miller, president of acquisitions and partnerships at NBC Sports, and Gov. Wes Moore (D) announce a new six-year network television deal to broadcast the Preakness and other thoroughbred horse racing in Maryland. (Photo Bryan P. Sears/Maryland Matters)
Changes lie ahead for Maryland's signature thoroughbred horse race, including a new, later race day and a new, expanded network television contract.
Gov. Wes Moore (D) announced the changes Wednesday to the Preakness Stakes, historically the second event in racing's Triple Crown. It was the latest in a week of rapid-fire developments that saw the state buy rights to the Preakness away from Kentucky Derby owner Churchill Downs, which responded by announcing a new national thoroughbred racing series that excludes the Preakness.
Wednesday's changes mean that a race always run on the third Saturday of May — two weeks after the Kentucky Derby — will happen a week later. And on a Sunday. As part of expanded television coverage for a planned Memorial Day weekend of racing, with the state-owned Black-Eyed Susan Stakes being run on Saturday.
Moore said the new television deal and race day changes are meant to ensure the growth of the taxpayer-owned Preakness, the thoroughbred racing industry in the state and the neighboring Park Heights Community.
#moore #maryland #stakes
Changes lie ahead for Maryland's signature thoroughbred horse race, including a new, later race day and a new, expanded network television contract.
Gov. Wes Moore (D) announced the changes Wednesday to the Preakness Stakes, historically the second event in racing's Triple Crown. It was the latest in a week of rapid-fire developments that saw the state buy rights to the Preakness away from Kentucky Derby owner Churchill Downs, which responded by announcing a new national thoroughbred racing series that excludes the Preakness.
Wednesday's changes mean that a race always run on the third Saturday of May — two weeks after the Kentucky Derby — will happen a week later. And on a Sunday. As part of expanded television coverage for a planned Memorial Day weekend of racing, with the state-owned Black-Eyed Susan Stakes being run on Saturday.
Moore said the new television deal and race day changes are meant to ensure the growth of the taxpayer-owned Preakness, the thoroughbred racing industry in the state and the neighboring Park Heights Community.
#moore #maryland #stakes
3 days ago
Lakers owner Mark Walter strengthens his commitment to the team's championship goals originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Now that LeBron James has left the Los Angeles Lakers, they are in a new era centered on Luka Doncic and Austin Reaves. They still have goals of being a top team, and team owner Mark Walter is committed to helping them succeed.
He is familiar with success across all of his sports, but the Lakers have a long-lasting legacy they have to uphold. It will definitely be challenging because of the quality around the league, but it seems the Lakers are ready to compete with their current squad.
As an investor across multiple sports teams, Walter is well aware of how they succeed. He is not just the owner of the Lakers, but he also has the same role with teams like the Los Angeles Dodgers, the Los Angeles Sparks, and he is even an investor in Premier League club Chelsea.
Since he is now in control of the Lakers, he has some massive expectations to live up to. The Dodgers have been quite dominant in the MLB, so the Lakers would want to keep up with that because they are historically one of the best teams in the NBA.
#angeles #owner #Dodgers
Now that LeBron James has left the Los Angeles Lakers, they are in a new era centered on Luka Doncic and Austin Reaves. They still have goals of being a top team, and team owner Mark Walter is committed to helping them succeed.
He is familiar with success across all of his sports, but the Lakers have a long-lasting legacy they have to uphold. It will definitely be challenging because of the quality around the league, but it seems the Lakers are ready to compete with their current squad.
As an investor across multiple sports teams, Walter is well aware of how they succeed. He is not just the owner of the Lakers, but he also has the same role with teams like the Los Angeles Dodgers, the Los Angeles Sparks, and he is even an investor in Premier League club Chelsea.
Since he is now in control of the Lakers, he has some massive expectations to live up to. The Dodgers have been quite dominant in the MLB, so the Lakers would want to keep up with that because they are historically one of the best teams in the NBA.
#angeles #owner #Dodgers
3 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.
Management believes the company is in the early stages of a once-in-a-generation transmission demand super cycle, driving record OEC on rent and historically high utilization.
Record STEM revenue was driven by strong utility end market demand and high delivery volumes, though backlog decreased sequentially due to record Q2 deliveries.
The SER segment achieved a 700 basis point margin expansion year-over-year, attributed to improved rental fundamentals and pricing discipline in transmission and distribution markets.
Strategic chassis prebuy actions and inventory positioning have been implemented to mitigate potential disruptions from upcoming EPA '27 NOx emission regulations.
#demand #high #STEM
Management believes the company is in the early stages of a once-in-a-generation transmission demand super cycle, driving record OEC on rent and historically high utilization.
Record STEM revenue was driven by strong utility end market demand and high delivery volumes, though backlog decreased sequentially due to record Q2 deliveries.
The SER segment achieved a 700 basis point margin expansion year-over-year, attributed to improved rental fundamentals and pricing discipline in transmission and distribution markets.
Strategic chassis prebuy actions and inventory positioning have been implemented to mitigate potential disruptions from upcoming EPA '27 NOx emission regulations.
#demand #high #STEM
3 days ago
The Protect College Sports Act of 2026 has been covered primarily through the lens of introducing reform and guardrails into the current landscape of college athletics. The legislation, which has bipartisan support and has been approved by the "Power 2" of the Big Ten and SEC, proposes ideas such as limits on coaching moves, multi-transfer eligibility, and the protection of athletes' rights.
The Act also addresses sports broadcasting by working to maintain antitrust protection for collective college sports broadcast negotiations and "market-level" broadcast access for college football and basketball games, as well as legislation focused squarely on HBCUs (Historically Black Colleges & Universities), per HBCU Gameday.
Title III is the IGNITE HBCUs Sports and Media Act and is aimed at creating competitive grants for long-term improvements to broadband, information technology, and media infrastructure at eligible Black colleges.
The grants could be used to support journalism programs that provide hands-on training for students, or to upgrade equipment to aid in the production, transmission, and distribution of live coverage of college athletic events. The grant period would last between two and five years, with eligible institutions able to apply for and receive multiple grants through a process requiring schools to describe and explain their planned projects and the impact said projects would have on long-term institutional goals.
For a large swath of HBCUs, these grants could address competitive disadvantages stemming from a lack of production infrastructure as athletic conferences lean further into requiring institutions to produce their own games for streaming platforms.
#colleges #Media #legislation
The Act also addresses sports broadcasting by working to maintain antitrust protection for collective college sports broadcast negotiations and "market-level" broadcast access for college football and basketball games, as well as legislation focused squarely on HBCUs (Historically Black Colleges & Universities), per HBCU Gameday.
Title III is the IGNITE HBCUs Sports and Media Act and is aimed at creating competitive grants for long-term improvements to broadband, information technology, and media infrastructure at eligible Black colleges.
The grants could be used to support journalism programs that provide hands-on training for students, or to upgrade equipment to aid in the production, transmission, and distribution of live coverage of college athletic events. The grant period would last between two and five years, with eligible institutions able to apply for and receive multiple grants through a process requiring schools to describe and explain their planned projects and the impact said projects would have on long-term institutional goals.
For a large swath of HBCUs, these grants could address competitive disadvantages stemming from a lack of production infrastructure as athletic conferences lean further into requiring institutions to produce their own games for streaming platforms.
#colleges #Media #legislation
4 days ago
Eintracht Frankfurt enter the 2026/27 Bundesliga season with renewed optimism after an ambitious summer rebuild led by returning head coach Adi Hütter. Having previously guided the Eagles to one of the club's most memorable modern eras between 2018 and 2021, the Austrian returns to Deutsche Bank Park tasked with restoring Die Adler as one of Germany's most competitive sides.
The early signs suggest the club have fully backed him.
One of Frankfurt's headline additions is Germany youth international Noël Aséko Nkili, whose arrival strengthens a midfield that requires greater athleticism and defensive intensity. Aséko is comfortable covering large ******* es, winning duels and progressing possession, qualities that fit naturally into Hütter's aggressive, transition-based style.
The Eagles have also focused on improving the overall balance of the squad rather than simply adding star names. Hütter's teams have historically relied on collective organisation, quick vertical attacks and relentless pressing, meaning every signing must fit the tactical identity instead of relying on individual brilliance.
That philosophy helped Frankfurt reach the Europa League semi-finals during Hütter's first spell and could once again become the foundation of the club's success.
#Eagles #deutsche #adler
The early signs suggest the club have fully backed him.
One of Frankfurt's headline additions is Germany youth international Noël Aséko Nkili, whose arrival strengthens a midfield that requires greater athleticism and defensive intensity. Aséko is comfortable covering large ******* es, winning duels and progressing possession, qualities that fit naturally into Hütter's aggressive, transition-based style.
The Eagles have also focused on improving the overall balance of the squad rather than simply adding star names. Hütter's teams have historically relied on collective organisation, quick vertical attacks and relentless pressing, meaning every signing must fit the tactical identity instead of relying on individual brilliance.
That philosophy helped Frankfurt reach the Europa League semi-finals during Hütter's first spell and could once again become the foundation of the club's success.
#Eagles #deutsche #adler
4 days ago
Elena Khoziaeva's story is basically a masterclass in staying somewhere because it's actually good. Khoziaeva, CFA, shared her journey from Belarus to a Houston master's degree, from walking into Bridgeway in 1998 as partner number six to 25-plus years later as the Co-CIO of a firm now running roughly $5 billion on the latest Behind the Ticker episode with host Brad Roth, founder and CIO of Thor Funds. What makes Bridgeway drastically different than your average shop was baked in from the very beginning of the firm. It gives away half its profits to a foundation fighting genocide, caps pay so no partner earns more than 7x the lowest-paid employee, and runs on a research culture where being wrong in a meeting isn't a career risk but half the point. Khoziaeva calls the approach systematic rather than quantitative, but it all comes down to trusting the process, being open to arguments internally to shape better strategies, and not getting defensive when the model's wrong.
Then there's BSVO, the EA Bridgeway Omni Small-Cap Value ETF, one of the more interesting products in a crowded category. It's got a real 15-year track record (born as a mutual fund in 2010, wrapped as an ETF in 2023), holds roughly 600 names instead of the usual sub-200, and deliberately goes smaller and cheaper than the Russell 2000 Value benchmark, with an average market cap under $3 billion. The value screen runs across the whole universe rather than sector-by-sector, which is why it naturally tilts toward financials and energy and away from healthcare currently, not because anyone's trying to time sectors, but because that's just where the cheapest stuff happens to sit.
The bigger picture Khoziaeva paints is a valuation gap that's stretched further than usual, with small value trading around a 14-15 P/E while large growth sits in the 30s, and the book-to-market gap versus the S&P 500 is nearly double its historical norm. Her line for advisors is memorable: "the tighter the spring, the more powerful the release"and Q1 2026 proved it, with small value up 5% while large growth dropped 10%. Her advice isn't to time it, though but to hold the allocation, stay systematic, and let the spring do what springs do.
To learn more about Bridgeway Capital Management, go here.
Disclaimer: The market insights, projections, and investment strategies expressed in this article are solely those of the contributor and do not necessarily reflect the views or opinions of ETF.com. This content is provided for informational purposes only and does not constitute financial, investment, or legal advice.
#market #partner #firm #average
Then there's BSVO, the EA Bridgeway Omni Small-Cap Value ETF, one of the more interesting products in a crowded category. It's got a real 15-year track record (born as a mutual fund in 2010, wrapped as an ETF in 2023), holds roughly 600 names instead of the usual sub-200, and deliberately goes smaller and cheaper than the Russell 2000 Value benchmark, with an average market cap under $3 billion. The value screen runs across the whole universe rather than sector-by-sector, which is why it naturally tilts toward financials and energy and away from healthcare currently, not because anyone's trying to time sectors, but because that's just where the cheapest stuff happens to sit.
The bigger picture Khoziaeva paints is a valuation gap that's stretched further than usual, with small value trading around a 14-15 P/E while large growth sits in the 30s, and the book-to-market gap versus the S&P 500 is nearly double its historical norm. Her line for advisors is memorable: "the tighter the spring, the more powerful the release"and Q1 2026 proved it, with small value up 5% while large growth dropped 10%. Her advice isn't to time it, though but to hold the allocation, stay systematic, and let the spring do what springs do.
To learn more about Bridgeway Capital Management, go here.
Disclaimer: The market insights, projections, and investment strategies expressed in this article are solely those of the contributor and do not necessarily reflect the views or opinions of ETF.com. This content is provided for informational purposes only and does not constitute financial, investment, or legal advice.
#market #partner #firm #average
4 days ago
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If you're looking for a way to lock in a competitive return without tying up your savings for too long, a 2-year certificate of deposit (CD) could strike the right balance. With interest rates still relatively elevated compared to historical averages — but potentially headed lower in the near future — a 2-year CD could help you secure a predictable rate over the next 24 months.
Our team evaluated dozens of accounts to determine the best 2-year CDs available today. Here's a look at the accounts that made our top 10 (see our full methodology here).
The following is a snapshot of our picks for the best 2-year CDs available today. Keep reading for more details about these accounts.
APY: 4.05%
#advertiser #offers #page
If you're looking for a way to lock in a competitive return without tying up your savings for too long, a 2-year certificate of deposit (CD) could strike the right balance. With interest rates still relatively elevated compared to historical averages — but potentially headed lower in the near future — a 2-year CD could help you secure a predictable rate over the next 24 months.
Our team evaluated dozens of accounts to determine the best 2-year CDs available today. Here's a look at the accounts that made our top 10 (see our full methodology here).
The following is a snapshot of our picks for the best 2-year CDs available today. Keep reading for more details about these accounts.
APY: 4.05%
#advertiser #offers #page
4 days ago
For most of the last two decades, the anxiety in power planning was about demand: would consumption grow fast enough to justify new capacity, and how would an aging fleet keep pace? That question has inverted. Demand is no longer the uncertain variable—it is the one thing forecasters are confident about. The uncertainty now sits on the supply side: whether the workforce, the equipment, and the political and economic conditions needed to build and run generation can keep up with a demand curve that is accelerating for the first time in a generation.The International Energy Agency (IEA) put a number on the demand side in its Electricity 2026 report, projecting that global electricity demand will grow by an average of 3.6% per year through 2030, roughly 50% faster than the average over the previous decade, driven by industrial electrification, electric vehicles, air conditioning, and data centers. For the first time in three decades outside of a crisis period, electricity demand has begun to grow faster than the global economy itself. The demand is coming. The open question is deliverability.That framing—supply-side constraints as the binding risk—runs through recent research from Verdantix, a UK-based **** yst firm whose Industrial Dislocation Index scores nine major economies on how far their operating conditions have diverged from their own 30-year norms. For power generation specifically, Verdantix identifies four factors that carry disproportionate weight: politics, geo-economic friction, energy prices, and production inputs.
The clearest signal in the Verdantix data for a power audience is the energy sub-index, which scores each country on how far its energy position has moved from its own historical baseline. The spread is wide. The U.S. sits at the resilient end, with the lowest energy-dislocation score in the study at 1.83, a reflection of its position as a net exporter of natural gas, crude, and coal, with electricity and fuel costs below the global average. At the other end is the UK, at 7.33, the highest in the study—a measure of how sharply its energy position has diverged from what UK industry was historically built around. Germany (5.67) and France (5.50) sit high as well; **** an (4.50), India (3.50), China (3.17), Saudi Arabia (3.00), and Canada (2.67) fall in between.What that gap looks like on the ground varies by market, and Verdantix's country profiles fill it in. The UK's high score traces to underinvestment in nuclear, the grid-modernization costs of shifting to decentralized renewables, and windfall taxes on oil and gas—a combination severe enough that Verdantix notes chemical producers citing UK energy costs as a reason to pull back operations. France is Europe's largest net electricity exporter thanks to its nuclear fleet, but that same concentration is a vulnerability: recent questions about the quality of French reactor maintenance, Verdantix observes, show how quickly a strength can turn into a present-day problem. ****
The clearest signal in the Verdantix data for a power audience is the energy sub-index, which scores each country on how far its energy position has moved from its own historical baseline. The spread is wide. The U.S. sits at the resilient end, with the lowest energy-dislocation score in the study at 1.83, a reflection of its position as a net exporter of natural gas, crude, and coal, with electricity and fuel costs below the global average. At the other end is the UK, at 7.33, the highest in the study—a measure of how sharply its energy position has diverged from what UK industry was historically built around. Germany (5.67) and France (5.50) sit high as well; **** an (4.50), India (3.50), China (3.17), Saudi Arabia (3.00), and Canada (2.67) fall in between.What that gap looks like on the ground varies by market, and Verdantix's country profiles fill it in. The UK's high score traces to underinvestment in nuclear, the grid-modernization costs of shifting to decentralized renewables, and windfall taxes on oil and gas—a combination severe enough that Verdantix notes chemical producers citing UK energy costs as a reason to pull back operations. France is Europe's largest net electricity exporter thanks to its nuclear fleet, but that same concentration is a vulnerability: recent questions about the quality of French reactor maintenance, Verdantix observes, show how quickly a strength can turn into a present-day problem. ****
4 days ago
PHOENIX – Every generation believes it watched basketball at its highest level. Devin Booker's all-time starting five proves that even NBA superstars are no exception. When Booker selected Stephen Curry, Kobe Bryant, LeBron James, Kevin Durant, and Shaquille O'Neal as his greatest starting five ever, the conversation after a while shifted from who made the list to who didn't. Fans quickly noticed he left off some pretty big names: Michael Jordan, Kareem Abdul-Jabbar, Magic Johnson, and Larry Bird.
Jan 11, 2024; Los Angeles, California, USA; Phoenix Suns guard Devin Booker (1) shoots against Los Angeles Lakers forward LeBron James (23) during the first half at Crypto.com Arena. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports
For many fans, those omissions are impossible to justify. But Booker's list isn't necessarily about disrespecting history. It's about perspective. Booker grew up watching Kobe redefine scoring artistry, LeBron dominate every phase of the game, Curry revolutionize shooting, and Durant become one of basketball's most unstoppable offensive weapons. Those players shaped the game Booker plays today. They weren't legends from documentaries; they were the standard he chased while playing alongside them in the NBA and Team USA.
Aug 6, 2024; Paris, France; United States guard Devin Booker (15) and shooting guard Stephen Curry (4) and **** istant coach Tyronn Lue look on in the second half against Brazil in a men's basketball quarterfinal game during the Paris 2024 Olympic Summer Games at Accor Arena. Mandatory Credit: Kyle Terada-USA TODAY Sports
Jordan's six championships, Kareem's six MVP awards, and decades of historical dominance remain impossible to ignore. Resume still matters when discussing all-time greatness. But Booker wasn't building the most decorated roster. He was revealing the players he believes represent basketball at its absolute peak. That's why his list sparked such passionate debate.
#list #phoenix
Jan 11, 2024; Los Angeles, California, USA; Phoenix Suns guard Devin Booker (1) shoots against Los Angeles Lakers forward LeBron James (23) during the first half at Crypto.com Arena. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports
For many fans, those omissions are impossible to justify. But Booker's list isn't necessarily about disrespecting history. It's about perspective. Booker grew up watching Kobe redefine scoring artistry, LeBron dominate every phase of the game, Curry revolutionize shooting, and Durant become one of basketball's most unstoppable offensive weapons. Those players shaped the game Booker plays today. They weren't legends from documentaries; they were the standard he chased while playing alongside them in the NBA and Team USA.
Aug 6, 2024; Paris, France; United States guard Devin Booker (15) and shooting guard Stephen Curry (4) and **** istant coach Tyronn Lue look on in the second half against Brazil in a men's basketball quarterfinal game during the Paris 2024 Olympic Summer Games at Accor Arena. Mandatory Credit: Kyle Terada-USA TODAY Sports
Jordan's six championships, Kareem's six MVP awards, and decades of historical dominance remain impossible to ignore. Resume still matters when discussing all-time greatness. But Booker wasn't building the most decorated roster. He was revealing the players he believes represent basketball at its absolute peak. That's why his list sparked such passionate debate.
#list #phoenix
5 days ago
It's fantasy football draft season.
What a glorious sentence. Training camps are underway in earnest, preseason kicks off this week and the season will be here before you can spell "Kyle Juszczyk" (which takes me about 25 business days on average). Whether you've been following the beats all summer or are just now tuning back in, one of your best tools for taking the temperature of the fantasy football community is Average Draft Position, or ADP.
Join or create a Yahoo Fantasy Football league for the 2026 NFL season
But that ADP is subject to change — quite a lot — over the next month. So, as we hit the heart of mock drafts (and eventually real drafts) and these ADPs continue to shift, here are 10 players whose draft cost I'm watching closely.
The closer we get to September, the more ADP shifts away from the brainchild of degenerates and diehards — like me — and closer to the consensus of the average fantasy player. Oftentimes, that comes with a notable shift in perception on rookies. Running back Jeremiyah Love was drafted third overall out of Notre Dame and is the top rookie in fantasy ADP — a potentially game-changing talent. But the Cardinals entered training camp with a lot of question marks on offense and have raised even more with recent comments about James Conner and Tyler Allgeier. Historically speaking, Love's draft capital suggests he will be a workhorse, but a long look at Arizona's roster raises some red flags about efficiency and scoring chances. The breakdown of snaps and touches will likely remain something of a mystery until Week 1 (or beyond), so fantasy drafters will have to work off conjecture for now.
#draft #average #season #drafts
What a glorious sentence. Training camps are underway in earnest, preseason kicks off this week and the season will be here before you can spell "Kyle Juszczyk" (which takes me about 25 business days on average). Whether you've been following the beats all summer or are just now tuning back in, one of your best tools for taking the temperature of the fantasy football community is Average Draft Position, or ADP.
Join or create a Yahoo Fantasy Football league for the 2026 NFL season
But that ADP is subject to change — quite a lot — over the next month. So, as we hit the heart of mock drafts (and eventually real drafts) and these ADPs continue to shift, here are 10 players whose draft cost I'm watching closely.
The closer we get to September, the more ADP shifts away from the brainchild of degenerates and diehards — like me — and closer to the consensus of the average fantasy player. Oftentimes, that comes with a notable shift in perception on rookies. Running back Jeremiyah Love was drafted third overall out of Notre Dame and is the top rookie in fantasy ADP — a potentially game-changing talent. But the Cardinals entered training camp with a lot of question marks on offense and have raised even more with recent comments about James Conner and Tyler Allgeier. Historically speaking, Love's draft capital suggests he will be a workhorse, but a long look at Arizona's roster raises some red flags about efficiency and scoring chances. The breakdown of snaps and touches will likely remain something of a mystery until Week 1 (or beyond), so fantasy drafters will have to work off conjecture for now.
#draft #average #season #drafts
5 days ago
In Formula 1, a driver's permanent race number is highly personal. It becomes a central part of their brand, their merchandise, and their legacy. When Kimi Antonelli arrived at Mercedes to replace Lewis Hamilton, he had his pick of available numbers.
He immediately chose the number 12.
For the average viewer, a number is just a digit painted on the nosecone. But for motorsport purists, the number 12 carries an immense, almost holy weight. It was the number that defined the early McLaren career of the legendary Ayrton Senna, the three-time world champion and a man widely regarded as one of the greatest talents to ever sit in a Formula 1 ******* pit.
During a recent appearance on the Significant Figures podcast, Antonelli opened up about the emotional and historical significance of selecting Senna's number, revealing how deeply the Brazilian icon has influenced his own path to F1.
Antonelli was born in 2006, 12 years after Senna's tragic passing at the 1994 San Marino Grand Prix. However, as the son of a sportscar driver and team owner (Marco Antonelli), Kimi grew up immersed in motorsport history. He spent his childhood watching DVDs of Senna's greatest drives alongside his father.
#number
He immediately chose the number 12.
For the average viewer, a number is just a digit painted on the nosecone. But for motorsport purists, the number 12 carries an immense, almost holy weight. It was the number that defined the early McLaren career of the legendary Ayrton Senna, the three-time world champion and a man widely regarded as one of the greatest talents to ever sit in a Formula 1 ******* pit.
During a recent appearance on the Significant Figures podcast, Antonelli opened up about the emotional and historical significance of selecting Senna's number, revealing how deeply the Brazilian icon has influenced his own path to F1.
Antonelli was born in 2006, 12 years after Senna's tragic passing at the 1994 San Marino Grand Prix. However, as the son of a sportscar driver and team owner (Marco Antonelli), Kimi grew up immersed in motorsport history. He spent his childhood watching DVDs of Senna's greatest drives alongside his father.
#number
5 days ago
There is one technical indicator that has called every major Bitcoin bottom in the ***** et's 15-year trading history. It has never been broken on a weekly close. Not once. Bitcoin is sitting on it right now.
The 200-week moving average, the average of Bitcoin's closing price over the past 200 weeks, currently sits in the $54,000 to $64,000 range.
Bitcoin is trading at approximately $62,000 today, July 31, 2026. That puts it directly on the line that has historically separated recoveries from crashes.
The first time Bitcoin touched the 200-week moving average was in 2015. The price had collapsed from $1,163 in November 2013 all the way down to $152, an 87 percent decline.
The 200-week moving average held. Bitcoin recovered and went on to hit $19,783 in December 2017.
#week #december
The 200-week moving average, the average of Bitcoin's closing price over the past 200 weeks, currently sits in the $54,000 to $64,000 range.
Bitcoin is trading at approximately $62,000 today, July 31, 2026. That puts it directly on the line that has historically separated recoveries from crashes.
The first time Bitcoin touched the 200-week moving average was in 2015. The price had collapsed from $1,163 in November 2013 all the way down to $152, an 87 percent decline.
The 200-week moving average held. Bitcoin recovered and went on to hit $19,783 in December 2017.
#week #december
5 days ago
With the U.S. midterm elections now just three months away, Goldman Sachs believes political developments are likely to become a more influential driver of market sentiment, potentially leading to higher volatility in the S&P 500 over the coming months.
Strategists led by Ben Snider said historical trends support the expectation that uncertainty surrounding economic policy typically increases as election season approaches.
"In past cycles, economic policy uncertainty has usually risen in the August ahead of midterm elections and remained elevated in the subsequent few months," strategists led by Ben Snider said in a note.
According to Goldman Sachs, that historical pattern strengthens the argument for maintaining exposure to equity index volatility in the near term.
The bank noted that unusually low correlations between individual stocks have helped keep overall index volatility subdued, despite significantly higher volatility at both the stock and factor levels.
#midterm #historical
Strategists led by Ben Snider said historical trends support the expectation that uncertainty surrounding economic policy typically increases as election season approaches.
"In past cycles, economic policy uncertainty has usually risen in the August ahead of midterm elections and remained elevated in the subsequent few months," strategists led by Ben Snider said in a note.
According to Goldman Sachs, that historical pattern strengthens the argument for maintaining exposure to equity index volatility in the near term.
The bank noted that unusually low correlations between individual stocks have helped keep overall index volatility subdued, despite significantly higher volatility at both the stock and factor levels.
#midterm #historical