1 month ago
As markets anxiously await the outcome of the current FOMC meeting, Treasury yields notched new 19-year highs in trading Tuesday. The closely watched 10-year surpassed 5.0% Tuesday morning in a high not seen since July 2007. Even the 30-year Treasury yield rose sharply, hitting 5.4%, its highest since June 2007.
In addition to worries over persistent, rising core inflation (one of the Fed's preferred inflation measurements), skyrocketing oil prices and shortages create further pressure on Treasuries. Currently, the rolling one-month correlation between the 10-year Treasury yield and front-month WTI (West Texas Intermediate) crude sits at 0.96 per BMO Capital Markets ****** ysis.
Bond yields and oil prices have moved in tandem for much of this year as investors position for the longer-term inflationary impact of higher oil prices. And with major oil execs sounding the alarm on global supply cache shortages and strategic reserves depletion that help to temporarily soften spiking oil prices for consumers, these pricing pressures are likely to continue in the near-term. Saudi Arabia announced the closure of its East-West pipeline that bypassed the Strait of Hormuz after it came under attack late last week, and cancelled some shipments to Europe, reported Reuters.
"Normally, the relationship isn't as clean as it is now, but the geopolitical drivers behind the price of oil and global inflation are so prominent that the normally modest correlation has become much tighter," Steve Sosnick, Chief Strategist, Interactive Brokers told CNBC. "As long as oil prices remain firm and continue to drift higher, this will add pressure to interest rates."
As macro uncertainty continues and inflation persists, bonds and oil/energy will be categories to keep a weather eye towards and could see renewed ETF investor attention. Currently, investors are seizing the opportunity in longer-term bonds, with $9.7 billion flowing into the iShares 20+ Year Treasury Bond ETF (TLT) in the last three months though the fund is only up $3.4 billion net YTD according to FactSet data. It will be a category likely to see action in the wake of the FOMC rate decision. As bond yields climb, prices fall as they move inverse to each other, and should yields climb higher, investors may choose to scoop up longer duration bonds at depreciated prices for future gains. However, an exodus is more likely until the path of rate hikes becomes more certain.
#treasury #longer #higher
In addition to worries over persistent, rising core inflation (one of the Fed's preferred inflation measurements), skyrocketing oil prices and shortages create further pressure on Treasuries. Currently, the rolling one-month correlation between the 10-year Treasury yield and front-month WTI (West Texas Intermediate) crude sits at 0.96 per BMO Capital Markets ****** ysis.
Bond yields and oil prices have moved in tandem for much of this year as investors position for the longer-term inflationary impact of higher oil prices. And with major oil execs sounding the alarm on global supply cache shortages and strategic reserves depletion that help to temporarily soften spiking oil prices for consumers, these pricing pressures are likely to continue in the near-term. Saudi Arabia announced the closure of its East-West pipeline that bypassed the Strait of Hormuz after it came under attack late last week, and cancelled some shipments to Europe, reported Reuters.
"Normally, the relationship isn't as clean as it is now, but the geopolitical drivers behind the price of oil and global inflation are so prominent that the normally modest correlation has become much tighter," Steve Sosnick, Chief Strategist, Interactive Brokers told CNBC. "As long as oil prices remain firm and continue to drift higher, this will add pressure to interest rates."
As macro uncertainty continues and inflation persists, bonds and oil/energy will be categories to keep a weather eye towards and could see renewed ETF investor attention. Currently, investors are seizing the opportunity in longer-term bonds, with $9.7 billion flowing into the iShares 20+ Year Treasury Bond ETF (TLT) in the last three months though the fund is only up $3.4 billion net YTD according to FactSet data. It will be a category likely to see action in the wake of the FOMC rate decision. As bond yields climb, prices fall as they move inverse to each other, and should yields climb higher, investors may choose to scoop up longer duration bonds at depreciated prices for future gains. However, an exodus is more likely until the path of rate hikes becomes more certain.
#treasury #longer #higher
1 month ago
Dick's Sporting Goods has been one of the big success stories in the brick-and-mortar retail ***** e.
At a time when many rivals have been shrinking their physical store counts, the sporting goods giant has leaned into stores, creating new experiential concepts and generally rethinking its retail strategy.
The chain has selectively built House of Sport locations that offer running tracks, batting cages, golf simulators, and other interactive options.
"House of Sport locations now seeing 5-6 times the number of visits per location compared to the rest of the chain. For reference, the average ***** 's Sporting Goods store is roughly 50K square feet square feet compared to 100K-120K square feet for House of Sport, indicating that House of Sport is also outperforming on a visit per square foot basis," according to 2024 data from Placer.ai.
That's a win, and the overall company delivered a nearly 5% comparable store sales gain in the second quarter. Chairman Edward Stack celebrated that success during the chain's second-quarter earnings call.
#square
At a time when many rivals have been shrinking their physical store counts, the sporting goods giant has leaned into stores, creating new experiential concepts and generally rethinking its retail strategy.
The chain has selectively built House of Sport locations that offer running tracks, batting cages, golf simulators, and other interactive options.
"House of Sport locations now seeing 5-6 times the number of visits per location compared to the rest of the chain. For reference, the average ***** 's Sporting Goods store is roughly 50K square feet square feet compared to 100K-120K square feet for House of Sport, indicating that House of Sport is also outperforming on a visit per square foot basis," according to 2024 data from Placer.ai.
That's a win, and the overall company delivered a nearly 5% comparable store sales gain in the second quarter. Chairman Edward Stack celebrated that success during the chain's second-quarter earnings call.
#square
1 month ago
New York-based Take-Two Interactive Software, Inc. (TTWO) is a major global video-game publisher and developer behind some of the industry's biggest franchises, including Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, Civilization, WWE 2K, and Zynga's mobile games. Its business spans console, PC, and mobile gaming through three key labels: Rockstar Games, 2K, and Zynga.
Companies with a market cap between $10 billion and $200 billion are typically referred to as "large-cap stocks, and TTWO, with a market cap of $41.7 billion, fits the label. The company's biggest competitive advantage is its deep portfolio of highly recognizable intellectual property. Rockstar's Grand Theft Auto franchise alone has sold more than 470 million units, while GTA V has surpassed 230 million units sold worldwide. Moreover, Grand Theft Auto VI is scheduled for Nov. 19, 2026, alongside new installments of NBA 2K, WWE 2K, PGA TOUR 2K and other franchises.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#grand #theft #ttwo
Companies with a market cap between $10 billion and $200 billion are typically referred to as "large-cap stocks, and TTWO, with a market cap of $41.7 billion, fits the label. The company's biggest competitive advantage is its deep portfolio of highly recognizable intellectual property. Rockstar's Grand Theft Auto franchise alone has sold more than 470 million units, while GTA V has surpassed 230 million units sold worldwide. Moreover, Grand Theft Auto VI is scheduled for Nov. 19, 2026, alongside new installments of NBA 2K, WWE 2K, PGA TOUR 2K and other franchises.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#grand #theft #ttwo
1 month ago
New York-based Take-Two Interactive Software, Inc. (TTWO) is a major global video-game publisher and developer behind some of the industry's biggest franchises, including Grand Theft Auto, Red Dead Redemption, NBA 2K, Borderlands, Civilization, WWE 2K, and Zynga's mobile games. Its business spans console, PC, and mobile gaming through three key labels: Rockstar Games, 2K, and Zynga.
Companies with a market cap between $10 billion and $200 billion are typically referred to as "large-cap stocks, and TTWO, with a market cap of $41.7 billion, fits the label. The company's biggest competitive advantage is its deep portfolio of highly recognizable intellectual property. Rockstar's Grand Theft Auto franchise alone has sold more than 470 million units, while GTA V has surpassed 230 million units sold worldwide. Moreover, Grand Theft Auto VI is scheduled for Nov. 19, 2026, alongside new installments of NBA 2K, WWE 2K, PGA TOUR 2K and other franchises.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#theft #auto #Stock #biggest
Companies with a market cap between $10 billion and $200 billion are typically referred to as "large-cap stocks, and TTWO, with a market cap of $41.7 billion, fits the label. The company's biggest competitive advantage is its deep portfolio of highly recognizable intellectual property. Rockstar's Grand Theft Auto franchise alone has sold more than 470 million units, while GTA V has surpassed 230 million units sold worldwide. Moreover, Grand Theft Auto VI is scheduled for Nov. 19, 2026, alongside new installments of NBA 2K, WWE 2K, PGA TOUR 2K and other franchises.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#theft #auto #Stock #biggest
1 month ago
The Justice Department has charged dozens of people for suspected fraud related to the COVID-19 pandemic that resulted in hundreds of millions of dollars in losses, U.S. Attorney General Todd Blanche said Tuesday.
Speaking with reporters in the White House Rose Garden, Blanche said that between mid-June and September, federal prosecutors from across the country helped facilitate the arrests of 160 criminal defendants, including around 80 who were newly charged over suspected COVID fraud in Missouri and neighboring states.
The suspected crimes involved more than $245 million in losses, Blanche said.
White House Launches Interactive Map Tracking Billions In Suspected Fraud
Attorney General Todd Blanche has announced charges against dozens of people connected to suspected COVID-19 relief fraud.
#white #House
Speaking with reporters in the White House Rose Garden, Blanche said that between mid-June and September, federal prosecutors from across the country helped facilitate the arrests of 160 criminal defendants, including around 80 who were newly charged over suspected COVID fraud in Missouri and neighboring states.
The suspected crimes involved more than $245 million in losses, Blanche said.
White House Launches Interactive Map Tracking Billions In Suspected Fraud
Attorney General Todd Blanche has announced charges against dozens of people connected to suspected COVID-19 relief fraud.
#white #House
1 month ago
Taylor Swift has only been a wife for two months, but she already has to make a huge decision between her husband, Travis Kelce, and her career.
The "I Knew It, I Knew You" singer was nominated for the 78th Emmy Awards, which will be held tonight. The nominations were for her Disney+ show, "Taylor Swift | The Eras Tour | The Final Show," which was based on her record-breaking Eras Tour. The film was nominated for outstanding variety special (pre-recorded), as well as directing, picture editing, sound mixing, and technical direction and camera work.
More from SheKnows
Travis Kelce & Taylor Swift's Controversial Dog Name Finally Confirmed
Swift has only been nominated for an Emmy once before, back in 2015, when she won outstanding creative achievement in interactive media for "AMEX Unstaged: Taylor Swift Experience." It makes sense that she may want to attend the awards ceremony; however, tonight is also a big deal for her husband, a tight end for the Kansas City Chiefs. It's his first game of the season and a home game, as the Chiefs go up against the Denver Broncos at Arrowhead Stadium.
#travis
The "I Knew It, I Knew You" singer was nominated for the 78th Emmy Awards, which will be held tonight. The nominations were for her Disney+ show, "Taylor Swift | The Eras Tour | The Final Show," which was based on her record-breaking Eras Tour. The film was nominated for outstanding variety special (pre-recorded), as well as directing, picture editing, sound mixing, and technical direction and camera work.
More from SheKnows
Travis Kelce & Taylor Swift's Controversial Dog Name Finally Confirmed
Swift has only been nominated for an Emmy once before, back in 2015, when she won outstanding creative achievement in interactive media for "AMEX Unstaged: Taylor Swift Experience." It makes sense that she may want to attend the awards ceremony; however, tonight is also a big deal for her husband, a tight end for the Kansas City Chiefs. It's his first game of the season and a home game, as the Chiefs go up against the Denver Broncos at Arrowhead Stadium.
#travis
2 months ago
On August 6, Peloton Interactive (NASDAQ:PTON) reported results for its fiscal fourth quarter and full year ended June 30, and the headline number is one the company has chased for years: a full year of positive net income. Total revenue for fiscal 2026 came in at $2.446 billion, and quarterly revenue of $608 million ticked up $1 million from a year earlier. The bigger story sits beneath the top line, in a business that finally converted cost cuts into cash while its subscriber base kept shrinking.
Fiscal 2026 marked the first time in Peloton's history that the company posted positive net income and operating income for a full year, with GAAP net income landing at $63 million. Adjusted EBITDA rose 16% year over year to $468 million, even after absorbing a $23.8 million nonrecurring legal accrual tied to patent litigation in the fourth quarter. Free cash flow climbed to $378 million, up $54 million, and management used that cash to cut net debt by 80% to just $93 million from $459 million a year earlier. CEO Peter Stern credited the turnaround to an improved revenue trajectory paired with cost restructuring, and the company said it exceeded its own target of more than $100 million in run-rate savings by the end of the fiscal year.
Growth is showing up outside the core bike and treadmill business too. The Commercial Business Unit grew revenue by double digits for the year, Peloton expanded its digital footprint through a partnership with Spotify, and it closed the acquisition of Skōp to push further into connected Pilates. Microstores beat their internal sales goals as an efficient in-person retail channel, and Peloton plans to double that store fleet in fiscal 2027. New training programs also drove engagement, with the Pace Your Race Marathon Training Program and a Live Spring Cross-Training Plan generating more than 850,000 completed workouts in the fourth quarter alone.
The profitability story cannot hide what is happening to the customer base. Ending Paid Connected Fitness Subscriptions fell 8.8% year over year to 2.553 million, and monthly churn rose to 2.2% in the fourth quarter from 1.8% a year earlier. Hardware sales are choppy too. Connected Fitness Products revenue dropped 14% year over year in the quarter to $171 million, and gross margin on that hardware segment swung to 13.4% from 17.3% a year ago before recovering some ground quarter over quarter. Peloton's own guidance signals the subscriber slide is not over.
#year #revenue #fourth #connected
Fiscal 2026 marked the first time in Peloton's history that the company posted positive net income and operating income for a full year, with GAAP net income landing at $63 million. Adjusted EBITDA rose 16% year over year to $468 million, even after absorbing a $23.8 million nonrecurring legal accrual tied to patent litigation in the fourth quarter. Free cash flow climbed to $378 million, up $54 million, and management used that cash to cut net debt by 80% to just $93 million from $459 million a year earlier. CEO Peter Stern credited the turnaround to an improved revenue trajectory paired with cost restructuring, and the company said it exceeded its own target of more than $100 million in run-rate savings by the end of the fiscal year.
Growth is showing up outside the core bike and treadmill business too. The Commercial Business Unit grew revenue by double digits for the year, Peloton expanded its digital footprint through a partnership with Spotify, and it closed the acquisition of Skōp to push further into connected Pilates. Microstores beat their internal sales goals as an efficient in-person retail channel, and Peloton plans to double that store fleet in fiscal 2027. New training programs also drove engagement, with the Pace Your Race Marathon Training Program and a Live Spring Cross-Training Plan generating more than 850,000 completed workouts in the fourth quarter alone.
The profitability story cannot hide what is happening to the customer base. Ending Paid Connected Fitness Subscriptions fell 8.8% year over year to 2.553 million, and monthly churn rose to 2.2% in the fourth quarter from 1.8% a year earlier. Hardware sales are choppy too. Connected Fitness Products revenue dropped 14% year over year in the quarter to $171 million, and gross margin on that hardware segment swung to 13.4% from 17.3% a year ago before recovering some ground quarter over quarter. Peloton's own guidance signals the subscriber slide is not over.
#year #revenue #fourth #connected
2 months ago
On August 6, PENN Entertainment (NASDAQ:PENN) reported second-quarter results that flipped from a year-ago loss into a profit. Net income came in at $32.6 million, compared with a loss of $18.3 million in the same quarter of 2025. Revenue rose to $1.86 billion from $1.77 billion, and Adjusted EBITDA climbed to $312.6 million from $236.1 million. Diluted earnings per share landed at $0.24, versus a loss per share of $0.12 a year earlier. For a company whose digital business has weighed on results for years, that combination stands out.
The Retail segment, which covers PENN's casino properties across the Northeast, South, West and Midwest, generated $1.5 billion in revenue and $517.2 million in Segment Adjusted EBITDAR, a margin of 34.4%. Nine properties posted their best second quarter ever for both revenue and Adjusted EBITDAR, a sign the strength wasn't confined to one or two markets. June brought two new additions to the portfolio: a hotel tower at Hollywood Columbus and the new Hollywood Casino Aurora, both of which the company said are already drawing strong visitation.
The balance sheet also moved in the right direction. Total liquidity stood at $1.9 billion as of June 30, including $887.2 million in cash. Traditional net debt fell to $1,927.5 million from $2,217.5 million at the end of 2025, pulling traditional net leverage down to 2.9 times from 4.5 times over that span. Capital expenditures dropped to $97.5 million in the quarter from $159.4 million a year earlier. On May 15, PENN repaid the remaining $106.7 million balance of its 2.75% convertible notes, wiping out roughly 4.6 million potentially dilutive shares in the process.
The Interactive segment still lost money, an Adjusted EBITDA loss of $9.5 million, though that's a sharp improvement from the $62.0 million loss posted in the second quarter of 2025. Revenue for the segment reached $349.4 million, but $185.5 million of that figure came from a tax gross-up rather than actual wagering activity, a distinction that matters when sizing up the segment's real growth. PENN also leaned on refinancing to manage its debt load rather than paying it down outright: on April 16, it extended its $1.0 billion revolving credit facility and $446.9 million term loan A to 2031, and on May 28, it repriced and extended its term loan B facility to 2033.
Total traditional debt still sat at $2,814.7 million at quarter's end. Other expenses jumped to $43.0 million for the first six months of 2026 from just $2.2 million a year earlier, driven by transaction costs, severance tied to a corporate reorganization, and settlement costs connected to the company's cooperation agreement with HG Vora Capital Management. Cash rent payments to REIT landlords also remained a heavy recurring cost, $247.1 million for the quarter alone.
#revenue
The Retail segment, which covers PENN's casino properties across the Northeast, South, West and Midwest, generated $1.5 billion in revenue and $517.2 million in Segment Adjusted EBITDAR, a margin of 34.4%. Nine properties posted their best second quarter ever for both revenue and Adjusted EBITDAR, a sign the strength wasn't confined to one or two markets. June brought two new additions to the portfolio: a hotel tower at Hollywood Columbus and the new Hollywood Casino Aurora, both of which the company said are already drawing strong visitation.
The balance sheet also moved in the right direction. Total liquidity stood at $1.9 billion as of June 30, including $887.2 million in cash. Traditional net debt fell to $1,927.5 million from $2,217.5 million at the end of 2025, pulling traditional net leverage down to 2.9 times from 4.5 times over that span. Capital expenditures dropped to $97.5 million in the quarter from $159.4 million a year earlier. On May 15, PENN repaid the remaining $106.7 million balance of its 2.75% convertible notes, wiping out roughly 4.6 million potentially dilutive shares in the process.
The Interactive segment still lost money, an Adjusted EBITDA loss of $9.5 million, though that's a sharp improvement from the $62.0 million loss posted in the second quarter of 2025. Revenue for the segment reached $349.4 million, but $185.5 million of that figure came from a tax gross-up rather than actual wagering activity, a distinction that matters when sizing up the segment's real growth. PENN also leaned on refinancing to manage its debt load rather than paying it down outright: on April 16, it extended its $1.0 billion revolving credit facility and $446.9 million term loan A to 2031, and on May 28, it repriced and extended its term loan B facility to 2033.
Total traditional debt still sat at $2,814.7 million at quarter's end. Other expenses jumped to $43.0 million for the first six months of 2026 from just $2.2 million a year earlier, driven by transaction costs, severance tied to a corporate reorganization, and settlement costs connected to the company's cooperation agreement with HG Vora Capital Management. Cash rent payments to REIT landlords also remained a heavy recurring cost, $247.1 million for the quarter alone.
#revenue
2 months ago
The Pittsburgh Steelers announced plans Thursday for a weeklong celebration across Pittsburgh leading up to their regular season opener against the Atlanta Falcons on Sept. 13 at Acrisure Stadium.
The Steelers Kickoff Week activities will feature community events and interactive displays across six local neighborhoods.
At the center of the celebration is a traveling display featuring giant Super Bowl rings originally created for the 2026 NFL Draft Steelers Country activation.
From Monday through Saturday of game week, the giant Super Bowl rings will visit six different locations across Pittsburgh. At each stop, fans will be invited to participate in a paint-by-numbers project by painting a segment of a larger canvas representing that location.
Once completed, the six individual pieces will be ******* embled into a single 24-foot mural. The completed artwork will be unveiled to fans at Acrisure Stadium during the team's home opener.
#week
The Steelers Kickoff Week activities will feature community events and interactive displays across six local neighborhoods.
At the center of the celebration is a traveling display featuring giant Super Bowl rings originally created for the 2026 NFL Draft Steelers Country activation.
From Monday through Saturday of game week, the giant Super Bowl rings will visit six different locations across Pittsburgh. At each stop, fans will be invited to participate in a paint-by-numbers project by painting a segment of a larger canvas representing that location.
Once completed, the six individual pieces will be ******* embled into a single 24-foot mural. The completed artwork will be unveiled to fans at Acrisure Stadium during the team's home opener.
#week
2 months ago
Burbank, California-based The Walt Disney Company (DIS) operates as an entertainment company worldwide. Valued at $186.7 billion by market cap, the company's businesses include, media networks, parks and resorts, studio entertainment, consumer products, and interactive media.
Companies worth $10 billion or more are generally described as "large-cap stocks," and DIS definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the entertainment industry. Disney's edge comes from its unmatched IP - Mickey, Star Wars, Marvel, Pixar, that fuels content across movies, streaming, parks, and merchandise. Vertical integration gives it control over creation to distribution, cutting costs and protecting quality. With global reach, heavy investment in data and AI for personalization, and a strong track record of attracting top creative talent, Disney keeps leveraging its brands across platforms to drive revenue and customer loyalty.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#palantir #market
Companies worth $10 billion or more are generally described as "large-cap stocks," and DIS definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the entertainment industry. Disney's edge comes from its unmatched IP - Mickey, Star Wars, Marvel, Pixar, that fuels content across movies, streaming, parks, and merchandise. Vertical integration gives it control over creation to distribution, cutting costs and protecting quality. With global reach, heavy investment in data and AI for personalization, and a strong track record of attracting top creative talent, Disney keeps leveraging its brands across platforms to drive revenue and customer loyalty.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#palantir #market
2 months ago
On August 14, 2026, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) disclosed that its stake in ******* e Exploration Technologies Corp. (NASDAQ:SPCX) was worth about $94 billion as of June 30, 2026, more than 100 times its original $900 million investment from 2015. It is making Alphabet by far ******* eX's largest single institutional shareholder following the company's June initial public offering.
Alphabet Inc. (NASDAQ:GOOGL)'s ******* eX stake is now one of the most lucrative early-stage bets in tech history. A $900 million check from 2015 is worth roughly $94 billion, a gain that dwarfs Alphabet's next-largest disclosed rival holder, Saudi Arabia's Public Investment Fund, whose 154.1 million shares were worth $26.3 billion at the same date. That scale validates Alphabet's willingness to make patient, outsized bets outside its core search business, a track record that could matter the next time Alphabet weighs a similarly bold bet.
Space Exploration Technologies Corp. (NASDAQ:SPCX)'s trading action suggests institutional demand is holding up despite the pullback. The stock got "a fresh jolt of buying" when fears about its first lockup expiry proved unfounded, Interactive Brokers strategist Steve Sosnick told Reuters. It remains one of the most actively traded names among the firm's customers. That kind of resilience right after a lockup, often a moment when early holders dump shares, signals ******* eX's shareholder base isn't rushing for the exits.
SpaceX's ownership base extends well beyond Alphabet, which reduces reliance on any single backer's continued conviction. Reuters' filing review found Fidelity, Saudi Arabia's PIF, Hancock Prospecting, Brookfield, and other major institutions all disclosing sizable stakes. That breadth shows professional investors broadly, not just Alphabet, are underwriting ******* eX's valuation.
Alphabet Inc. (NASDAQ:GOOGL)'s headline number is already stale and shrinking. The stake would be worth about $77.9 billion at ******* eX's August 13 price, Reuters reported, roughly $16 billion below the June 30 figure used in the disclosure, since regulatory filings run on a 45-day lag. Now that ******* eX is public, Alphabet's stake must be marked to market. It means ******* eX's own stock swings could show up as real volatility in Alphabet's reported earnings going forward, a new risk that did not exist while the investment sat private.
#reuters #worth #public
Alphabet Inc. (NASDAQ:GOOGL)'s ******* eX stake is now one of the most lucrative early-stage bets in tech history. A $900 million check from 2015 is worth roughly $94 billion, a gain that dwarfs Alphabet's next-largest disclosed rival holder, Saudi Arabia's Public Investment Fund, whose 154.1 million shares were worth $26.3 billion at the same date. That scale validates Alphabet's willingness to make patient, outsized bets outside its core search business, a track record that could matter the next time Alphabet weighs a similarly bold bet.
Space Exploration Technologies Corp. (NASDAQ:SPCX)'s trading action suggests institutional demand is holding up despite the pullback. The stock got "a fresh jolt of buying" when fears about its first lockup expiry proved unfounded, Interactive Brokers strategist Steve Sosnick told Reuters. It remains one of the most actively traded names among the firm's customers. That kind of resilience right after a lockup, often a moment when early holders dump shares, signals ******* eX's shareholder base isn't rushing for the exits.
SpaceX's ownership base extends well beyond Alphabet, which reduces reliance on any single backer's continued conviction. Reuters' filing review found Fidelity, Saudi Arabia's PIF, Hancock Prospecting, Brookfield, and other major institutions all disclosing sizable stakes. That breadth shows professional investors broadly, not just Alphabet, are underwriting ******* eX's valuation.
Alphabet Inc. (NASDAQ:GOOGL)'s headline number is already stale and shrinking. The stake would be worth about $77.9 billion at ******* eX's August 13 price, Reuters reported, roughly $16 billion below the June 30 figure used in the disclosure, since regulatory filings run on a 45-day lag. Now that ******* eX is public, Alphabet's stake must be marked to market. It means ******* eX's own stock swings could show up as real volatility in Alphabet's reported earnings going forward, a new risk that did not exist while the investment sat private.
#reuters #worth #public
2 months ago
On Tuesday, Lego posted a record first-half of 41.9 billion Danish kroner, or roughly $6.5 billion, in revenue — up 21% from the same period in 2025. In constant currency terms, revenue grew 26%.
The company said operating profit climbed 22% to reach 10.9 billion Danish kroner, equivalent to around $1.7 billion. Net profit climbed 32% to 8.6 billion Danish kroner. Consumer sales grew 22%, driven by demand across the product range. The company said it outpaced the global toy market and gained market share.
CEO Niels B. Christiansen said the results reflected broad appeal across the portfolio. "Our portfolio of products offers something for everyone, and culturally relevant brand experiences continue to drive demand across the globe," Christiansen said in a statement.
In the first half of the year, Lego introduced 332 new sets. Bestselling themes included Speed Champions, Botanicals, Technic, Icons and Star Wars. The company also introduced its LEGO SMART Play platform, which brings sensor-based interactive features to brick sets, and debuted a partnership with Pokémon. Sporting partnerships tied to Formula 1, the FIFA World Cup 2026 and K-pop property KPop Demon Hunters also contributed to consumer demand.
Christiansen told CNBC that new partnerships draw in consumers who had not previously found their interests represented in the Lego brand. "We've also seen that we retain consumers really, really well, and we're selling more to those we have," he said.
#danish #christiansen #kroner
The company said operating profit climbed 22% to reach 10.9 billion Danish kroner, equivalent to around $1.7 billion. Net profit climbed 32% to 8.6 billion Danish kroner. Consumer sales grew 22%, driven by demand across the product range. The company said it outpaced the global toy market and gained market share.
CEO Niels B. Christiansen said the results reflected broad appeal across the portfolio. "Our portfolio of products offers something for everyone, and culturally relevant brand experiences continue to drive demand across the globe," Christiansen said in a statement.
In the first half of the year, Lego introduced 332 new sets. Bestselling themes included Speed Champions, Botanicals, Technic, Icons and Star Wars. The company also introduced its LEGO SMART Play platform, which brings sensor-based interactive features to brick sets, and debuted a partnership with Pokémon. Sporting partnerships tied to Formula 1, the FIFA World Cup 2026 and K-pop property KPop Demon Hunters also contributed to consumer demand.
Christiansen told CNBC that new partnerships draw in consumers who had not previously found their interests represented in the Lego brand. "We've also seen that we retain consumers really, really well, and we're selling more to those we have," he said.
#danish #christiansen #kroner
2 months ago
I bought Duolingo (NASDAQ: DUOL) stock shortly after it fell to its 52-week low of $90.03 in April, which marked a staggering 83% decline from last year's record high of $540.68. It has since recovered to around $146.84 as of the market close on Monday, Aug. 24, and while I am very bullish on its prospects from here, Wall Street isn't convinced.
The 27 **** ysts covering the stock tracked by The Wall Street Journal have put an average price target of $127.07 on it, which suggests the stock could decline by around 13% over the next 12 months. Duolingo operates the world's largest digital language education platform, and Wall Street is concerned about management's plan to focus on user growth at the expense of monetization over the next couple of years, which could hurt the company's financial performance.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, if the strategy pays off, Duolingo's business could be in the strongest position in its history sometime around 2028. Here's why I plan to stick around to reap the potential rewards.
Duolingo designed a highly interactive mobile app that places fun language lessons at the fingertips of anybody with a smartphone. It had 58.7 million daily active users at the conclusion of the second quarter, a 23% increase from the year-ago period. Surprisingly, the company spends very little money on marketing, but it has an enormous social media following thanks to its quirky content, which generates roughly 1 billion impressions per quarter.
#wall #signal #flashing #next
The 27 **** ysts covering the stock tracked by The Wall Street Journal have put an average price target of $127.07 on it, which suggests the stock could decline by around 13% over the next 12 months. Duolingo operates the world's largest digital language education platform, and Wall Street is concerned about management's plan to focus on user growth at the expense of monetization over the next couple of years, which could hurt the company's financial performance.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, if the strategy pays off, Duolingo's business could be in the strongest position in its history sometime around 2028. Here's why I plan to stick around to reap the potential rewards.
Duolingo designed a highly interactive mobile app that places fun language lessons at the fingertips of anybody with a smartphone. It had 58.7 million daily active users at the conclusion of the second quarter, a 23% increase from the year-ago period. Surprisingly, the company spends very little money on marketing, but it has an enormous social media following thanks to its quirky content, which generates roughly 1 billion impressions per quarter.
#wall #signal #flashing #next
2 months ago
Karen Boone, a director at Peloton Interactive, Inc. (NASDAQ:PTON), sold 25,000 shares of Class A Common Stock on August 17, according to an SEC Form 4 filing.
Metric
Value
Transaction value
$134,000
#boone #interactive #class
Metric
Value
Transaction value
$134,000
#boone #interactive #class
2 months ago
Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Focused Growth Fund". A copy of the letter can be downloaded here. In the second quarter, the Baron Focused Growth Fund achieved a 13.26% gain, still trailing the Russell 2500 Growth Index's 24.02% return. The underperformance was driven by ongoing concerns about AI's impact on portfolio businesses and underexposure to AI infrastructure. The IPO of ****** eX provided a boost, but overall, the Fund's companies are generating robust revenue growth and strengthening margins through enhanced client engagement and product offerings. Many stocks remain historically undervalued, and companies are beginning accelerated share repurchases, bolstering investor confidence. The Fund is perceived as compelling, benefiting from favorable market conditions and strong balance sheets, while inflation and interest rates are expected to remain stable. The Fund has outperformed its Benchmark over the past 3, 5, and 10 years, showing significant excess returns with lower market risk, attributed to a research-driven investment approach. The Fund maintains a commitment to long-term investing in growth-oriented businesses, utilizing a balanced portfolio to mitigate risk and potentially enhance returns. Please review the Fund's top five holdings to gain insights into their key selections for 2026.
In its Q2 2026 investor letter, Baron Focused Growth Fund highlighted Interactive Brokers Group, Inc. (NASDAQ:IBKR). Interactive Brokers Group, Inc. (NASDAQ:IBKR), an automated electronic broker that provides trading, clearing, and custody services, contributed 1.12% to the Fund's performance this quarter. On August 19, 2026, Interactive Brokers Group, Inc. (NASDAQ:IBKR) closed at $90.54 per share, reflecting a market capitalization of $154.26 billion. Interactive Brokers Group, Inc. (NASDAQ:IBKR) posted a one‑month return of -1.33%, while its shares gained 44.93% over the past 52 weeks.
Baron Focused Growth Fund stated the following regarding Interactive Brokers Group, Inc. (NASDAQ:IBKR) in its Q2 2026 investor letter:
"Global electronic brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR) contributed to performance as the company continued to compound growth at a rare pace for its scale. Client accounts increased 34% year over year to 5.2 million, customer equity grew 40%, and margin loan balances rose 67%. Trading activity remained robust, with June daily average revenue trades increasing 53% year over year. Operating on a highly automated, low-cost platform, Interactive Brokers benefits from substantial operating leverage as volume grows, supporting industry-leading pretax margins. New opportunities, including an expanded prediction markets offering and the favorable modernization of day-trading margin rules, further extend the company's growth runway. We retain conviction in the stock, viewing Interactive Brokers as a structural share gainer with a large global ad
In its Q2 2026 investor letter, Baron Focused Growth Fund highlighted Interactive Brokers Group, Inc. (NASDAQ:IBKR). Interactive Brokers Group, Inc. (NASDAQ:IBKR), an automated electronic broker that provides trading, clearing, and custody services, contributed 1.12% to the Fund's performance this quarter. On August 19, 2026, Interactive Brokers Group, Inc. (NASDAQ:IBKR) closed at $90.54 per share, reflecting a market capitalization of $154.26 billion. Interactive Brokers Group, Inc. (NASDAQ:IBKR) posted a one‑month return of -1.33%, while its shares gained 44.93% over the past 52 weeks.
Baron Focused Growth Fund stated the following regarding Interactive Brokers Group, Inc. (NASDAQ:IBKR) in its Q2 2026 investor letter:
"Global electronic brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR) contributed to performance as the company continued to compound growth at a rare pace for its scale. Client accounts increased 34% year over year to 5.2 million, customer equity grew 40%, and margin loan balances rose 67%. Trading activity remained robust, with June daily average revenue trades increasing 53% year over year. Operating on a highly automated, low-cost platform, Interactive Brokers benefits from substantial operating leverage as volume grows, supporting industry-leading pretax margins. New opportunities, including an expanded prediction markets offering and the favorable modernization of day-trading margin rules, further extend the company's growth runway. We retain conviction in the stock, viewing Interactive Brokers as a structural share gainer with a large global ad
2 months ago
Duolingo (DUOL) just made another move to strengthen what keeps its users coming back. The company recently acquired Animade, a London-based animation and motion design studio known for character animation and playful, interactive design. The deal folds Animade into Duolingo's growing Design Studio. On its own, a small animation acquisition might not seem like much. But it fits neatly with how Duolingo believes it continues to grow. The company's whole model runs on engagement. Its cast of characters, streaks, and animations are what make lessons feel like a game rather than a chore. Buying a studio built around exactly that kind of work feeds directly into the product experience that keeps users hooked on Duolingo.
The purchase comes barely a week after Duolingo reported earnings, and the deal is in line with what management focused on in its earnings call transcript. Management linked the 23% year-over-year (YoY) growth in daily active users to product improvements. CEO Luis von Ahn reinforced the point, saying the results back the company's strategy to improve the product and prioritize user growth. Current-user retention also hit an all-time high, with von Ahn noting that a better product is both bringing learners back and keeping them there.
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#Stock #design #animade
The purchase comes barely a week after Duolingo reported earnings, and the deal is in line with what management focused on in its earnings call transcript. Management linked the 23% year-over-year (YoY) growth in daily active users to product improvements. CEO Luis von Ahn reinforced the point, saying the results back the company's strategy to improve the product and prioritize user growth. Current-user retention also hit an all-time high, with von Ahn noting that a better product is both bringing learners back and keeping them there.
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#Stock #design #animade
2 months ago
The bronze statues of Florida football Heisman winners Tim Tebow, Danny Wuerffel and Steve Spurrier adorn the front of The Swamp.
On Sunday, August 23, Florida Gators fans can see all three together in the flesh at a charity event in Gainesville.
Tebow, Wuerrfel and Spurrier will be at the Alachua County Sports & Events Center and Spurrier's Gridiron Grille in Celebration Pointe for an interactive public appearance. During the event, fans can catch a touchdown pass from Tebow or Wuerffel and take a handoff from Spurrier. Each experience includes an autographed football, a personal photo, and a professionally shot video keepsake.
The event is being held in conjunction with the inaugural Florida Legends Card Show, a weekend event for collectors, traders, and enthusiasts for sports and trading card games, like Pokemon. It will take place from August 22–23 at theAlachua County Sports & Events Center. Other former Florida greats plan to turn out for the card signing event, including former Florida basketball and NBA center Marreese Speights and former Florida baseball and Major League baseball catcher Mike Zunino, who won the Golden Spikes Award in 2012.
Proceeds from the event will benefit the Isaiah 117 House, which benifits Alachua County foster children awaiting placement. More information on the event can be found at fllegends.com.
#spurrier #card #former #wuerffel
On Sunday, August 23, Florida Gators fans can see all three together in the flesh at a charity event in Gainesville.
Tebow, Wuerrfel and Spurrier will be at the Alachua County Sports & Events Center and Spurrier's Gridiron Grille in Celebration Pointe for an interactive public appearance. During the event, fans can catch a touchdown pass from Tebow or Wuerffel and take a handoff from Spurrier. Each experience includes an autographed football, a personal photo, and a professionally shot video keepsake.
The event is being held in conjunction with the inaugural Florida Legends Card Show, a weekend event for collectors, traders, and enthusiasts for sports and trading card games, like Pokemon. It will take place from August 22–23 at theAlachua County Sports & Events Center. Other former Florida greats plan to turn out for the card signing event, including former Florida basketball and NBA center Marreese Speights and former Florida baseball and Major League baseball catcher Mike Zunino, who won the Golden Spikes Award in 2012.
Proceeds from the event will benefit the Isaiah 117 House, which benifits Alachua County foster children awaiting placement. More information on the event can be found at fllegends.com.
#spurrier #card #former #wuerffel
2 months ago
The pilot, now live, features DPP data for three denim fabrics sourced from Bhaskar Savitt Industries in India.
The pilot is currently operating with three products, namely Renewed Eco, Earthbound Eco, and Bluecanopy Eco, with each displaying interactive DPP widgets on their product pages.
According to World Collective, these widgets enable stakeholders to access detailed information on fabric composition, sustainability credentials, and supplier details, according to statements from the partners.
World Collective co-founder and CEO Jeanine Ballone said: "The bottleneck in supply chain transparency has never been data availability, it's standardisation and scalable distribution. Currently, suppliers are asked to share the same information separately by dozens of brands.
"Our pilot shows that when suppliers invest in structuring their data once, in a standardised format, that information becomes infinitely more valuable. It's not just efficient; it's a competitive advantage. Suppliers with comprehensive DPP data can demonstrate their practices and capabilities directly to the market."
#pilot #World
The pilot is currently operating with three products, namely Renewed Eco, Earthbound Eco, and Bluecanopy Eco, with each displaying interactive DPP widgets on their product pages.
According to World Collective, these widgets enable stakeholders to access detailed information on fabric composition, sustainability credentials, and supplier details, according to statements from the partners.
World Collective co-founder and CEO Jeanine Ballone said: "The bottleneck in supply chain transparency has never been data availability, it's standardisation and scalable distribution. Currently, suppliers are asked to share the same information separately by dozens of brands.
"Our pilot shows that when suppliers invest in structuring their data once, in a standardised format, that information becomes infinitely more valuable. It's not just efficient; it's a competitive advantage. Suppliers with comprehensive DPP data can demonstrate their practices and capabilities directly to the market."
#pilot #World
2 months ago
American actress and star of Heroes and Nashville, Hayden Panettiere has died at 36-no cause of death has been made available at this time.
Known for her TV roles as Claire Bennet on the series Heroes and Juliette Barnes on Nashville, and played Kirby Reed in the Scream franchise-Hayden Panettiere has died at the age of 36 on Sunday, August 16, 2026. ABC News was the first to report on the news, with which her family's representative provided a statement. Panettiere died in South Carolina, and the investigation into her death is still "ongoing"-according to her representative. Panettiere's father asked for privacy "as our family takes time to process this unimaginable loss."
"It is with profound sadness that we share the tragic passing of our beloved Hayden," her father, Alan Lee "Skip" Panettiere, said in a statement to ABC News on Sunday. "She was an incredible light and a force of nature who brought immeasurable love and joy to all who knew her-and to the millions who watched her onscreen." While many know Hayden Panettiere for her roles in Heroes and Nashville, she was also remembered in other films: A Bug's Life, Remember the ****** ans, I Love You, Beth Cooper, Raising Helen, Ice Princess, Scream 4, and Scream 6.
In the video game world, Hayden Panettiere is widely known to voice Kairi in Kingdom Hearts, Kingdom Hearts II, and Birth by Sleep. She also voiced Xion in Kingdom Hearts 3D: Dream Drop Distance. This is especially tragic, as Kingdom Hearts IV news was just announced at D23 2026. One of the most surprising VA roles for Panettiere in a video game was Supermassive Games' Until Dawn, where she voiced and had her likeness used for the character Samantha "Sam" Giddings. Her performance enhance and push the interactive drama, survival-horror genre across the video games industry.
Panettiere has been quite honest about her struggles from childhood stardom, going into adulthood. She released a memoir this past May called This Is Me: A Reckoning. In the memoir, she shared "a rare and intimate glimpse into her life behind closed doors, opening up about postpartum depression, addiction and recovery, trauma, domestic abuse, and loss," according to a synopsis for her book. In recent interviews and in the memoir, she spoke on her difficulties following her role on Nashville.
#nashville #died #roles
Known for her TV roles as Claire Bennet on the series Heroes and Juliette Barnes on Nashville, and played Kirby Reed in the Scream franchise-Hayden Panettiere has died at the age of 36 on Sunday, August 16, 2026. ABC News was the first to report on the news, with which her family's representative provided a statement. Panettiere died in South Carolina, and the investigation into her death is still "ongoing"-according to her representative. Panettiere's father asked for privacy "as our family takes time to process this unimaginable loss."
"It is with profound sadness that we share the tragic passing of our beloved Hayden," her father, Alan Lee "Skip" Panettiere, said in a statement to ABC News on Sunday. "She was an incredible light and a force of nature who brought immeasurable love and joy to all who knew her-and to the millions who watched her onscreen." While many know Hayden Panettiere for her roles in Heroes and Nashville, she was also remembered in other films: A Bug's Life, Remember the ****** ans, I Love You, Beth Cooper, Raising Helen, Ice Princess, Scream 4, and Scream 6.
In the video game world, Hayden Panettiere is widely known to voice Kairi in Kingdom Hearts, Kingdom Hearts II, and Birth by Sleep. She also voiced Xion in Kingdom Hearts 3D: Dream Drop Distance. This is especially tragic, as Kingdom Hearts IV news was just announced at D23 2026. One of the most surprising VA roles for Panettiere in a video game was Supermassive Games' Until Dawn, where she voiced and had her likeness used for the character Samantha "Sam" Giddings. Her performance enhance and push the interactive drama, survival-horror genre across the video games industry.
Panettiere has been quite honest about her struggles from childhood stardom, going into adulthood. She released a memoir this past May called This Is Me: A Reckoning. In the memoir, she shared "a rare and intimate glimpse into her life behind closed doors, opening up about postpartum depression, addiction and recovery, trauma, domestic abuse, and loss," according to a synopsis for her book. In recent interviews and in the memoir, she spoke on her difficulties following her role on Nashville.
#nashville #died #roles
3 months ago
FC Bayern Munich have announced they will host a Team Day on the FC Bayern Campus in Munich on August 17th. The senior men's and women's teams — both double winners from last season — will return from their Asian tours and have public trainings at the campus. There will also be interactive events that will feature teams made up of three groups — players, content creators, and fans — going up against each other.
2000 tickets have been made available for the event, but if you cannot make it, the 12-hour event will be streamed for free on the teams Twitch and YouTube pages and moderated by the FC Bayern hosts, Lukas and Ersin. The streams will begin at noon local time (6:00 AM Eastern US). The stream will include the live trainings, some of the other events, and behind the scenes content from the event.
The event will kickoff the week in which both senior teams will play their first competitive matches. The FC Bayern Frauen will begin their Frauen-Bundesliga season the following Friday in Berlin against 1. FC Union Berlin. The men will travel to Dortmund to face BVB in the Supercup that Saturday.
#teams #senior
2000 tickets have been made available for the event, but if you cannot make it, the 12-hour event will be streamed for free on the teams Twitch and YouTube pages and moderated by the FC Bayern hosts, Lukas and Ersin. The streams will begin at noon local time (6:00 AM Eastern US). The stream will include the live trainings, some of the other events, and behind the scenes content from the event.
The event will kickoff the week in which both senior teams will play their first competitive matches. The FC Bayern Frauen will begin their Frauen-Bundesliga season the following Friday in Berlin against 1. FC Union Berlin. The men will travel to Dortmund to face BVB in the Supercup that Saturday.
#teams #senior
3 months ago
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The Walt Disney Company plans to evolve Disney+ from a video platform into an integrated fan ecosystem combining games, merchandise, and interactive experiences by spring 2027, as Chief Executive Officer Josh D'Amaro declared that the entertainment giant is "just playing a different game" compared to streaming rivals.
Speaking during Disney's fiscal third-quarter 2026 earnings call, D'Amaro outlined a vision to position Disney+ as the digital centerpiece of fan engagement, leveraging first-party data and broad franchise IP.
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#benzinga #chief #officer
The Walt Disney Company plans to evolve Disney+ from a video platform into an integrated fan ecosystem combining games, merchandise, and interactive experiences by spring 2027, as Chief Executive Officer Josh D'Amaro declared that the entertainment giant is "just playing a different game" compared to streaming rivals.
Speaking during Disney's fiscal third-quarter 2026 earnings call, D'Amaro outlined a vision to position Disney+ as the digital centerpiece of fan engagement, leveraging first-party data and broad franchise IP.
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A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#benzinga #chief #officer
3 months ago
Delta Sigma Theta-branded car makes NASCAR debut appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
NASCAR has unveiled its first-ever Delta Sigma Theta Sorority, Inc.-branded show car, marking a historic collaboration between the motorsports organization and one of the nation's largest Black Greek-letter organizations.
According to Watch The Yard, the custom show car made its debut during the 2026 Delta Sigma Theta South Atlantic Regional Conference in Charlotte, North Carolina. The vehicle was designed by Camilla Wilkins-Bowens, a NASCAR NEXT intern and Louisiana State University student who was initiated into the Iota Theta Chapter of Delta Sigma Theta in fall 2025, according to Watch The Yard.
The activation represented a first for NASCAR at a Divine Nine event. Throughout the conference, attendees had the opportunity to see the custom Delta Sigma Theta-themed show car up close while also participating in NASCAR racing simulators, creating an interactive experience for thousands of sorority members attending the regional conference.
Watch sports LIVE with fuboTV (free trial)
#first
NASCAR has unveiled its first-ever Delta Sigma Theta Sorority, Inc.-branded show car, marking a historic collaboration between the motorsports organization and one of the nation's largest Black Greek-letter organizations.
According to Watch The Yard, the custom show car made its debut during the 2026 Delta Sigma Theta South Atlantic Regional Conference in Charlotte, North Carolina. The vehicle was designed by Camilla Wilkins-Bowens, a NASCAR NEXT intern and Louisiana State University student who was initiated into the Iota Theta Chapter of Delta Sigma Theta in fall 2025, according to Watch The Yard.
The activation represented a first for NASCAR at a Divine Nine event. Throughout the conference, attendees had the opportunity to see the custom Delta Sigma Theta-themed show car up close while also participating in NASCAR racing simulators, creating an interactive experience for thousands of sorority members attending the regional conference.
Watch sports LIVE with fuboTV (free trial)
#first
3 months ago
Saudi Arabia's AI champion HUMAIN has signed its first sports sponsorship, partnering with Al Nassr, the Riyadh soccer club where superstar Cristiano Ronaldo plays, as it looks to integrate its AI offerings into the team.
The agreement will see HUMAIN's logo on Al Nassr's jerseys and new training center. HUMAIN also plans to deploy its sports technology unit and its interactive entertainment platform at the club.
HUMAIN aims to use the sponsorship deal to "go beyond the traditional sponsorship model," chief executive Tariq Amin said. "Together, we'll look at how solutions such as HUMAIN Sport and HUMAIN Create can help shape the next generation of fan engagement, from more personalized digital experiences to new forms of AI-powered content.
HUMAIN declined to comment on the financial details of the deal.
The sponsorship is also expected to provide a financial boost for Al Nassr. The club — which, like HUMAIN, is owned by Saudi Arabia's Public Investment Fund — is reported to have more than $200 million in debt, complicating efforts to sign new players this summer.
#sponsorship #nassr
The agreement will see HUMAIN's logo on Al Nassr's jerseys and new training center. HUMAIN also plans to deploy its sports technology unit and its interactive entertainment platform at the club.
HUMAIN aims to use the sponsorship deal to "go beyond the traditional sponsorship model," chief executive Tariq Amin said. "Together, we'll look at how solutions such as HUMAIN Sport and HUMAIN Create can help shape the next generation of fan engagement, from more personalized digital experiences to new forms of AI-powered content.
HUMAIN declined to comment on the financial details of the deal.
The sponsorship is also expected to provide a financial boost for Al Nassr. The club — which, like HUMAIN, is owned by Saudi Arabia's Public Investment Fund — is reported to have more than $200 million in debt, complicating efforts to sign new players this summer.
#sponsorship #nassr
3 months ago
The Buffalo Bills are giving fans a new way to experience new Highmark Stadium. No game ticket required.
The team has opened the Highmark Trail, a 1.7-mile interactive walking loop around new Highmark Stadium featuring fitness challenges, photo opportunities and Bills-themed attractions. The trail is free and open to the public year-round.
"It's a path, but a path with purpose," Bills senior vice president of design Frank Cravotta said in a video unveiling the trail.
Beginning across from the Family Circle outside the stadium's north entrance on Abbott Road, the trail loops around the facility with blue mile markers tracking walkers' progress.
Along the way, fans can race a timed 40-yard dash, test their broad jump, warm up like the Bills and pose for photos inside a giant Bills helmet or with a "Buffalo Strong" powerlifting display featuring a bent barbell.
#trail #highmark #fans #around
The team has opened the Highmark Trail, a 1.7-mile interactive walking loop around new Highmark Stadium featuring fitness challenges, photo opportunities and Bills-themed attractions. The trail is free and open to the public year-round.
"It's a path, but a path with purpose," Bills senior vice president of design Frank Cravotta said in a video unveiling the trail.
Beginning across from the Family Circle outside the stadium's north entrance on Abbott Road, the trail loops around the facility with blue mile markers tracking walkers' progress.
Along the way, fans can race a timed 40-yard dash, test their broad jump, warm up like the Bills and pose for photos inside a giant Bills helmet or with a "Buffalo Strong" powerlifting display featuring a bent barbell.
#trail #highmark #fans #around
3 months ago
New York-based Take-Two Interactive Software, Inc. (TTWO) is a leading video game publisher and developer that creates, markets, and distributes interactive entertainment for consoles, PCs, and mobile devices. Valued at a market cap of $44.4 billion, the company owns some of the gaming industry's most valuable franchises and generates revenue from full-game sales, digital downloads, in-game purchases, subscriptions, and mobile gaming.
TTWO is expected to announce its fiscal Q1 2027 earnings before the market opens on Friday, Aug. 7. Ahead of this event, ******* ysts expect this gaming company to report a profit of $0.08 per share, down 81.4% from $0.43 per share in the year-ago quarter. The company has topped Wall Street's bottom-line estimates in each of the last four quarters.
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#game #company #interactive #billion
TTWO is expected to announce its fiscal Q1 2027 earnings before the market opens on Friday, Aug. 7. Ahead of this event, ******* ysts expect this gaming company to report a profit of $0.08 per share, down 81.4% from $0.43 per share in the year-ago quarter. The company has topped Wall Street's bottom-line estimates in each of the last four quarters.
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#game #company #interactive #billion
3 months ago
Caitlin Clark adds special Chicago appearance to WNBA All-Star weekend schedule originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Caitlin Clark will have more than one opportunity to connect with basketball fans during the 2026 WNBA All-Star weekend in Chicago. The Indiana Fever star was selected for her third consecutive WNBA All-Star Game after another outstanding start to the season. Clark entered the break averaging 20.7 points, 7.8 ***** ists and 3.9 rebounds per game, placing her sixth in the league in scoring and second in ***** ists.
Although Clark reportedly declined an invitation to participate in the WNBA 3-Point Contest, she will not be staying out of the spotlight until the All-Star Game. The WNBA announced Wednesday that Clark is scheduled to appear at WNBA Live, the league’s interactive fan event at McCormick Place’s Lakeside Center in Chicago.
Clark’s appearance is scheduled for Friday, July 24, giving fans an additional chance to see one of basketball’s biggest stars before the All-Star Game.
Clark is far from the only major name expected to participate in Friday’s WNBA Live festivities. Fever teammate Kelsey Mitchell is also scheduled to appear, along with A’ja Wilson, Napheesa Collier, Paige Bueckers, Cameron Brink, Lauren Betts and Kaitlyn Chen.
#clark #star #sporting #fever
Caitlin Clark will have more than one opportunity to connect with basketball fans during the 2026 WNBA All-Star weekend in Chicago. The Indiana Fever star was selected for her third consecutive WNBA All-Star Game after another outstanding start to the season. Clark entered the break averaging 20.7 points, 7.8 ***** ists and 3.9 rebounds per game, placing her sixth in the league in scoring and second in ***** ists.
Although Clark reportedly declined an invitation to participate in the WNBA 3-Point Contest, she will not be staying out of the spotlight until the All-Star Game. The WNBA announced Wednesday that Clark is scheduled to appear at WNBA Live, the league’s interactive fan event at McCormick Place’s Lakeside Center in Chicago.
Clark’s appearance is scheduled for Friday, July 24, giving fans an additional chance to see one of basketball’s biggest stars before the All-Star Game.
Clark is far from the only major name expected to participate in Friday’s WNBA Live festivities. Fever teammate Kelsey Mitchell is also scheduled to appear, along with A’ja Wilson, Napheesa Collier, Paige Bueckers, Cameron Brink, Lauren Betts and Kaitlyn Chen.
#clark #star #sporting #fever
3 months ago
Dow Jones futures rose Monday morning, along with S&P 500 futures and especially Nasdaq futures. Oil prices whipsawed on reports of U.S.-Iran diplomacy as well as Red Sea threats.
Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening.
Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening.
3 months ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. U.S. and Iran continued to exchange attacks after Iranian missiles killed two U.S. servicemembers on Friday. Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. **** e Exploration Technologies (SPCX), better known as **** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show.
The stock market saw losses last week that were concentrated in the Nasdaq and especially AI stocks. **** e Exploration Technologies (SPCX), better known as **** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night with GE Vernova (GEV) tap early Wednesday. Google-parent Alphabet (GOOGL) and Tesla (TSLA) are scheduled for late Wednesday and Intel (INTC) is due Thursday evening
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show.
3 months ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Google-parent Alphabet, Tesla, Intel, GE Vernova and Interactive Brokers headline a big week of earnings, along with an AMD AI event.
The stock market saw losses this past week, but they were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night, GE Vernova (GEV) is on tap early Wednesday, while Google-parent Alphabet (GOOGL), Tesla (TSLA) and Intel (INTC) are all due late Thursday.
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show
The stock market saw losses this past week, but they were concentrated in the Nasdaq and especially AI stocks. ***** e Exploration Technologies (SPCX), better known as ***** eX, dived well below its IPO price. But many stocks in the medical, financial, energy and transportation sectors are showing strength.
Still, investors should be playing more defense than offense, cutting losers and continuing to take profits.
Interactive Brokers (IBRK) reports Tuesday night, GE Vernova (GEV) is on tap early Wednesday, while Google-parent Alphabet (GOOGL), Tesla (TSLA) and Intel (INTC) are all due late Thursday.
Also, Advanced Micro Devices (AMD) will hold the AMD Advancing AI event on Wednesday, with CEO Lisa Su a featured speaker. Also, expect big jet orders during the week around the biennial Farnborough Air Show
4 months ago
TON Strategy Co (NASDAQ:TONX) is one of the 10 Fastest Growing Tech Penny Stocks to Buy.
On July 1, 2026, TON Strategy Co (NASDAQ:TONX) announced that it entered into a Rule 10b5-1 trading plan to facilitate the repurchase of common stock during a two-month period beginning July 1. The plan was established under the company's existing $250M stock repurchase authorization announced on September 3, 2025. Virtu Financial will serve as the executing broker under the plan.
On June 15, TON Strategy highlighted the TON community's rebrand of Toncoin, the native currency of The Open Network, to "Gram." The rebrand followed a community governance vote that concluded on June 8, 2026, with public reports indicating that 81.22% of participating voting power supported the proposal. TON Strategy said the rebrand changes the native **** et ticker, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim, or conversion is required, and TON Strategy's Nasdaq ticker, TONX, is unchanged.
CEO Kevin Wilson called the move from Toncoin to Gram an "important identity milestone" for the TON ecosystem, saying the new name can help make the network easier for users to understand as TON develops around Telegram-native use cases. The company also said recent TON ecosystem developments have focused on improving usability, performance, and developer experience.
TON Strategy Co (NASDAQ:TONX) operates as an interactive video-based social commerce company.
On July 1, 2026, TON Strategy Co (NASDAQ:TONX) announced that it entered into a Rule 10b5-1 trading plan to facilitate the repurchase of common stock during a two-month period beginning July 1. The plan was established under the company's existing $250M stock repurchase authorization announced on September 3, 2025. Virtu Financial will serve as the executing broker under the plan.
On June 15, TON Strategy highlighted the TON community's rebrand of Toncoin, the native currency of The Open Network, to "Gram." The rebrand followed a community governance vote that concluded on June 8, 2026, with public reports indicating that 81.22% of participating voting power supported the proposal. TON Strategy said the rebrand changes the native **** et ticker, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim, or conversion is required, and TON Strategy's Nasdaq ticker, TONX, is unchanged.
CEO Kevin Wilson called the move from Toncoin to Gram an "important identity milestone" for the TON ecosystem, saying the new name can help make the network easier for users to understand as TON develops around Telegram-native use cases. The company also said recent TON ecosystem developments have focused on improving usability, performance, and developer experience.
TON Strategy Co (NASDAQ:TONX) operates as an interactive video-based social commerce company.
