1 day ago
Tom Selleck's mild criticism of President Donald Trump while claiming he avoids politics managed to tick off many people on Monday. (Watch the video below.)
The former "Magnum, P.I." and "Blue Bloods" star's tight relationship with his "favorite" president, Ronald Reagan, back in the day, in addition to his former NRA board membership, would indicate he's conservative. But as for his stance on Trump, that isn't so clear.
Politics: 'WTH?': Trump's Public Struggle To Recall A Basic Word Leaves People Very Confused
CNN's Elex Michaelson at least got something out of the ex-"Friends" actor.
Noting Selleck's bond with the Reagans, Michaelson pivoted to the current GOP occupant of the White House.
#president #Politics #Monday #watch
The former "Magnum, P.I." and "Blue Bloods" star's tight relationship with his "favorite" president, Ronald Reagan, back in the day, in addition to his former NRA board membership, would indicate he's conservative. But as for his stance on Trump, that isn't so clear.
Politics: 'WTH?': Trump's Public Struggle To Recall A Basic Word Leaves People Very Confused
CNN's Elex Michaelson at least got something out of the ex-"Friends" actor.
Noting Selleck's bond with the Reagans, Michaelson pivoted to the current GOP occupant of the White House.
#president #Politics #Monday #watch
2 days ago
Costco (COST) sits at a $422 billion market cap, yet 45.5% earnings growth and near-perfect membership renewal support a $2,250 target by 2035.
Wall Street prices in just 13% upside, but e-commerce traffic grew 37% and executive membership hit 75%, compounding sharply over the next decade.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
Costco (NASDAQ:COST | COST Price Prediction) runs the most impressive retail model in America. Membership fees hit $1.373 billion last quarter, comparable sales rose 9.8%, and the worldwide renewal rate held at 89.7%. Yet the stock barely keeps pace with the broader market.
Shares closed at $951.89, and market cap sits at $422.14 billion. When does Costco become a trillion-dollar company? My call is 2035 at $2,250 per share.
#membership #billion #street
Wall Street prices in just 13% upside, but e-commerce traffic grew 37% and executive membership hit 75%, compounding sharply over the next decade.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
Costco (NASDAQ:COST | COST Price Prediction) runs the most impressive retail model in America. Membership fees hit $1.373 billion last quarter, comparable sales rose 9.8%, and the worldwide renewal rate held at 89.7%. Yet the stock barely keeps pace with the broader market.
Shares closed at $951.89, and market cap sits at $422.14 billion. When does Costco become a trillion-dollar company? My call is 2035 at $2,250 per share.
#membership #billion #street
2 days ago
The 2026 MLB trade deadline certainly didn't disappoint. Starting on Saturday night when Tarik Skubal joined the Dodgers, there was an avalanche of deals that spanned the final 48 hours. From a fantasy baseball perspective, the value of many players shifted over the past two days, which means that managers who react quickly can make substantial roster improvements.
Here are the details that every manager should know.
Tarik Skubal, SP, Dodgers: Although the value of Skubal couldn't go much higher, the needle is pointed up slightly by virtue of his membership on baseball's deepest roster. The Dodgers have outscored the Tigers by 67 runs this season, and the added offensive support could help Skubal secure an extra win or two down the stretch.
Freddy Peralta, SP, Rays: Fantasy managers who stubbornly held onto Peralta through four unproductive months (4.99 ERA, 1.48 WHIP) got the news they wished for when the right-hander was traded to one of the top organizations in terms of handling hurlers. The Rays' front office is well-aware that the right-hander's skills have declined — especially a strikeout rate that is 6.1% lower than last year — and surely has a plan to get him back on track. The guess here is that Peralta will be serviceable — and possibly better than that — over the final two months.
Kevin Gausman, SP, Cubs: Although Gausman is not a winner to the same degree as Peralta, he should enjoy the backing of an elite defensive group, and he will definitely have greater win potential while supported by a top-five offense rather than one that ranks last in runs scored. Of course, the greatest variable for Gausman will be his own effectiveness, as he went 0-7 with a 6.32 ERA over June and July before tossing six innings of one-run ball in his initial August start.
#skubal #peralta #Dodgers #final
Here are the details that every manager should know.
Tarik Skubal, SP, Dodgers: Although the value of Skubal couldn't go much higher, the needle is pointed up slightly by virtue of his membership on baseball's deepest roster. The Dodgers have outscored the Tigers by 67 runs this season, and the added offensive support could help Skubal secure an extra win or two down the stretch.
Freddy Peralta, SP, Rays: Fantasy managers who stubbornly held onto Peralta through four unproductive months (4.99 ERA, 1.48 WHIP) got the news they wished for when the right-hander was traded to one of the top organizations in terms of handling hurlers. The Rays' front office is well-aware that the right-hander's skills have declined — especially a strikeout rate that is 6.1% lower than last year — and surely has a plan to get him back on track. The guess here is that Peralta will be serviceable — and possibly better than that — over the final two months.
Kevin Gausman, SP, Cubs: Although Gausman is not a winner to the same degree as Peralta, he should enjoy the backing of an elite defensive group, and he will definitely have greater win potential while supported by a top-five offense rather than one that ranks last in runs scored. Of course, the greatest variable for Gausman will be his own effectiveness, as he went 0-7 with a 6.32 ERA over June and July before tossing six innings of one-run ball in his initial August start.
#skubal #peralta #Dodgers #final
3 days ago
The NCAA is taking aim and fighting back against a U.S. District Court judge's ruling that has temporarily granted a fifth year of eligibility to college student-athletes from the high school class of 2022.
In a letter obtained Saturday, Aug. 1, by USA TODAY Sports, the NCAA outlined its intent to fight against the ruling of Judge Charlotte Sweeney, who presides over the U.S. District Court of Colorado.
REQUIRED READING: Inside high-stakes scramble that brought Protect College Sports Act back from the dead
"The District Court of Colorado's decision (Wisne v. NCAA) is egregiously wrong," NCAA Chief Legal Officer Scott Bearby wrote in a memo Saturday to NCAA membership and directly obtained by USA TODAY Sports. "The court's decision to certify a nationwide class and grant sweeping injunctive relief with virtually no evidence, and without witness testimony or even so much as a hearing, invites further chaos in college sports and irreparably harms thousands of student-athletes already on campus."
Four different college football general managers, speaking Saturday on condition of anonymity due to the uncertain nature of this ruling and the potential impact to rosters, told USA TODAY Sports that they have held informal meetings and begun the process of **** sing potential roster additions from the group of senior football players whose careers ended with the 2025 season and had graduated in 2022.
#district #court #ruling #back
In a letter obtained Saturday, Aug. 1, by USA TODAY Sports, the NCAA outlined its intent to fight against the ruling of Judge Charlotte Sweeney, who presides over the U.S. District Court of Colorado.
REQUIRED READING: Inside high-stakes scramble that brought Protect College Sports Act back from the dead
"The District Court of Colorado's decision (Wisne v. NCAA) is egregiously wrong," NCAA Chief Legal Officer Scott Bearby wrote in a memo Saturday to NCAA membership and directly obtained by USA TODAY Sports. "The court's decision to certify a nationwide class and grant sweeping injunctive relief with virtually no evidence, and without witness testimony or even so much as a hearing, invites further chaos in college sports and irreparably harms thousands of student-athletes already on campus."
Four different college football general managers, speaking Saturday on condition of anonymity due to the uncertain nature of this ruling and the potential impact to rosters, told USA TODAY Sports that they have held informal meetings and begun the process of **** sing potential roster additions from the group of senior football players whose careers ended with the 2025 season and had graduated in 2022.
#district #court #ruling #back
5 days ago
UPDATED with the latest: The Asian Football Confederation (AFC) has become the latest to reject FIFA's proposal to sell stakes in tournaments to private investors.
The AFC has joined with the European and Americas football bodies meaning that it is now likely that more than half of FIFA's overall membership would reject the plan if it were put to a vote.
More from Deadline
Trump Booed During World Cup Final Telecast
FIFA World Cup 2026 Final In Photos: Closing Ceremony, Halftime Show, Donald Trump & More
#World
The AFC has joined with the European and Americas football bodies meaning that it is now likely that more than half of FIFA's overall membership would reject the plan if it were put to a vote.
More from Deadline
Trump Booed During World Cup Final Telecast
FIFA World Cup 2026 Final In Photos: Closing Ceremony, Halftime Show, Donald Trump & More
#World
6 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 intentionally accelerated the shift toward a recurring membership model, prioritizing long-term predictable revenue over short-term reported profitability.
The Q2 reported loss was primarily driven by a strategic decision to double marketing spend to $4.6 million for member acquisition, which is expensed immediately while revenue is recognized ratably.
International conflicts created a temporary 'hesitancy' among travelers and advertisers in April and May, though management noted a recovery in sentiment starting in June.
The company is leveraging its affluent member base—where 70% plan multiple international trips in 2026—to negotiate exclusive 'Club Offers' that cannot be found elsewhere.
#management #june
Management intentionally accelerated the shift toward a recurring membership model, prioritizing long-term predictable revenue over short-term reported profitability.
The Q2 reported loss was primarily driven by a strategic decision to double marketing spend to $4.6 million for member acquisition, which is expensed immediately while revenue is recognized ratably.
International conflicts created a temporary 'hesitancy' among travelers and advertisers in April and May, though management noted a recovery in sentiment starting in June.
The company is leveraging its affluent member base—where 70% plan multiple international trips in 2026—to negotiate exclusive 'Club Offers' that cannot be found elsewhere.
#management #june
6 days ago
Utah and Brigham Young are the flagship universities in the Beehive State. Most of the success in college athletics comes from those two schools. However, there are five other institutions in the state that play in Division I that are worthy of attention.
Yes, the exercise of recognizing the 10 greatest college athletes who played in Utah is going to focus on the Utes and Cougars, who both have taken a circuitous patch to eventually reach their current membership in the Big 12 Conference. The Cougars boast a Heisman Trophy winner and several other well-known quarterbacks. The Utes have their own notable success in multiple sports.
PATH TO PLAYOFF: Sign up for our college football newsletter
But the list is also going to include some other standouts who didn't play on the biggest stage in the state. Utah State and Weber State respectively produced a Pro Football Hall of Famer who also gained notoriety outside the sporting world and a future Basketball Hall of Famer.
The only Heisman Trophy winner from one of Utah's schools, Detmer was one of the most prolific passers in college football history. He threw for 15,031 yards and 121 touchdowns while setting 59 NCAA records in his time with the Cougars. His biggest moment from the 1990 season came against No. 1 Miami when he passed for 406 yards in an upset of the Hurricanes that kick-started his Heisman run.
#cougars #Football
Yes, the exercise of recognizing the 10 greatest college athletes who played in Utah is going to focus on the Utes and Cougars, who both have taken a circuitous patch to eventually reach their current membership in the Big 12 Conference. The Cougars boast a Heisman Trophy winner and several other well-known quarterbacks. The Utes have their own notable success in multiple sports.
PATH TO PLAYOFF: Sign up for our college football newsletter
But the list is also going to include some other standouts who didn't play on the biggest stage in the state. Utah State and Weber State respectively produced a Pro Football Hall of Famer who also gained notoriety outside the sporting world and a future Basketball Hall of Famer.
The only Heisman Trophy winner from one of Utah's schools, Detmer was one of the most prolific passers in college football history. He threw for 15,031 yards and 121 touchdowns while setting 59 NCAA records in his time with the Cougars. His biggest moment from the 1990 season came against No. 1 Miami when he passed for 406 yards in an upset of the Hurricanes that kick-started his Heisman run.
#cougars #Football
7 days ago
Golf architect Kyle Phillips has broken ground on the course at the private Pandion Club in Estero, Florida. The new layout, intended to invoke the heathland courses of England with Lowcountry influences, is being built on the site of the former Old Corkscrew Golf Club that was closed earlier this year.
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
Phillips plans a par-71 course for Pandion Club, stretching to 7,220 with firm and fast playing conditions and a premium on strategic shotmaking. The new layout is scheduled to open in 2027 with membership capped at 280. The golf-only club will include a Lowcountry-inspired clubhouse and expansive practice facilities. The name Pandion is inspired by Pandion haliaetus, aka osprey.
The layout features sandy terrain that should promote Phillips' goals. Having built the top-ranked Kingsbarns Golf Links and Dundonald Links in Scotland and having studied courses around the world, Phillips said that heathland courses are situated on inland dunes, "like the ones we have in Florida."
Old Corkscrew and additional surrounding land was purchased in 2022 by The Hoffmann Family of Companies for $14.5 million, according to property records reported by the Naples Daily News. The Hoffmans purchased the Cottages at Old Corkscrew Golf Club for $4.5 million in a separate transaction. The Hoffmanns also own Old Collier Golf Club in Naples, as well as the Pittsburgh Penguins and Florida Everblades.
"Everything we do at Hoffmann Family of Companies, we want to provide a unique, best-in-class experience for our guests, and Pandion is going to be no exception" Geoff Hoffmann, CEO of HF Companies' private equity arm, said in a media release announcing the start of construction. "From the moment that you drive through our gates, you will know that you have arrived somewhere special. You are going to feel like you are in nature, and this is an escape. We knew that his experience presented an opportunity to preserve the natural landscape that was embedded on the site, and that's something we are going to build around."
#pandion #corkscrew #layout #courses
8 days ago
Mark Elliott, who guided Trevecca from NAIA to NCAA Division II membership and became the school's longest-serving athletic director, announced his retirement on July 28 following the conclusion of the 2026-27 academic year.
Elliott, a former Vanderbilt basketball and baseball player, led Trevecca through two conference transitions since being hired in 2011. It was Elliott's first time serving as an athletic director, and he was hired one day after Trevecca announced the NCAA had accepted its application for Division II membership.
"Never having been an athletic director before, I don't think I knew what I didn't know; I just knew this was what I felt called to do, I wanted to do, I felt really good about entering into that **** e," Elliott said. "Then the main goal was to move Trevecca from NAIA to NCAA Division II. That was a four-year process back then, so I don't know that I had a longer-term vision than the four years. Lets just get to the Division II level and go from there."
GARY VAN ATTA INDUCTED INTO HOF: Gary Van Atta headlines Trevecca Sports Hall of Fame 2026 class
Elliott helped Trevecca meet all NCAA requirements, and on July 11, 2014, the school received full active Division II membership status.
#Athletic
Elliott, a former Vanderbilt basketball and baseball player, led Trevecca through two conference transitions since being hired in 2011. It was Elliott's first time serving as an athletic director, and he was hired one day after Trevecca announced the NCAA had accepted its application for Division II membership.
"Never having been an athletic director before, I don't think I knew what I didn't know; I just knew this was what I felt called to do, I wanted to do, I felt really good about entering into that **** e," Elliott said. "Then the main goal was to move Trevecca from NAIA to NCAA Division II. That was a four-year process back then, so I don't know that I had a longer-term vision than the four years. Lets just get to the Division II level and go from there."
GARY VAN ATTA INDUCTED INTO HOF: Gary Van Atta headlines Trevecca Sports Hall of Fame 2026 class
Elliott helped Trevecca meet all NCAA requirements, and on July 11, 2014, the school received full active Division II membership status.
#Athletic
12 days ago
On July 21, during CNBC's Mad Money program, host Jim Cramer used the daily chart **** ysis by options trader Bob Lang, founder of Explosive Options, to examine American Express Company (NYSE:AXP). Cramer pointed to the company's distinct cardholder demographic and high-margin annual fee structure, as he highlighted why the premium card issuer remains a long-time favorite for core portfolio allocations:
Now finally, there's one that I have been near and dear for as long as I can remember, and that's American Express. Now, this only has 10% of purchase volume with fewer cards in circulation, but their cardholders tend to spend a lot more money. Plus, they charge fees for their best cards, basically making you pay for access to their generous rewards programs. It's a fantastic business model. But remember, they do have credit risk.
Under Cramer's framework, American Express occupies a specialized niche compared to rival payment networks Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA). While Visa controls 60% of cardholders and Mastercard holds 25% to 30%, American Express Company (NYSE:AXP) commands roughly 10% of purchase volume. However, unlike Visa and Mastercard, which operate strictly as neutral tollbooths with zero balance-sheet risk, American Express operates as a direct card issuer. That closed-loop structure allows the company to capture premium annual membership fees and higher per-cardholder spending, though it requires absorbing credit default risk when consumers fall behind on payments.
On the technical side, Cramer highlighted that Lang noted that American Express Company (NYSE:AXP) has shown exceptional relative strength during recent broader market chop. After breaking out above its 200-day moving average in early June, the stock successfully retested that key support level on multiple occasions before surging higher on heavy volume. With the MACD indicator continuing to flash a buy signal, Lang sees a clear path toward $350, with a secondary upside target at its February peak of $370. It is the exact price level where sellers previously emerged. Furthermore, heading into Friday's quarterly report, Cramer shared Lang's bullish fundamental outlook on travel demand while offering his own tactical trading playbook for retail investors:
Now, I've gotta tell you, in his view, American Express is the best in class. Given that we've seen big numbers in travel here, Lang expects that Amex will shoot the lights out when it reports on Friday… I agree with him that this company's best of breed, but I also want to point out that American Express' stock, no matter what they seem to report, tends to sell off in response to earnings on that Friday even when the numbers are terrific. Then it gradually finds its footing afterwards and mounts strong rallies in between quarters, which is why I always say, you know, around like 10:30, 11, you might want to buy this one. I'm not kidding. It's been a good prediction so far.
#volume
Now finally, there's one that I have been near and dear for as long as I can remember, and that's American Express. Now, this only has 10% of purchase volume with fewer cards in circulation, but their cardholders tend to spend a lot more money. Plus, they charge fees for their best cards, basically making you pay for access to their generous rewards programs. It's a fantastic business model. But remember, they do have credit risk.
Under Cramer's framework, American Express occupies a specialized niche compared to rival payment networks Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA). While Visa controls 60% of cardholders and Mastercard holds 25% to 30%, American Express Company (NYSE:AXP) commands roughly 10% of purchase volume. However, unlike Visa and Mastercard, which operate strictly as neutral tollbooths with zero balance-sheet risk, American Express operates as a direct card issuer. That closed-loop structure allows the company to capture premium annual membership fees and higher per-cardholder spending, though it requires absorbing credit default risk when consumers fall behind on payments.
On the technical side, Cramer highlighted that Lang noted that American Express Company (NYSE:AXP) has shown exceptional relative strength during recent broader market chop. After breaking out above its 200-day moving average in early June, the stock successfully retested that key support level on multiple occasions before surging higher on heavy volume. With the MACD indicator continuing to flash a buy signal, Lang sees a clear path toward $350, with a secondary upside target at its February peak of $370. It is the exact price level where sellers previously emerged. Furthermore, heading into Friday's quarterly report, Cramer shared Lang's bullish fundamental outlook on travel demand while offering his own tactical trading playbook for retail investors:
Now, I've gotta tell you, in his view, American Express is the best in class. Given that we've seen big numbers in travel here, Lang expects that Amex will shoot the lights out when it reports on Friday… I agree with him that this company's best of breed, but I also want to point out that American Express' stock, no matter what they seem to report, tends to sell off in response to earnings on that Friday even when the numbers are terrific. Then it gradually finds its footing afterwards and mounts strong rallies in between quarters, which is why I always say, you know, around like 10:30, 11, you might want to buy this one. I'm not kidding. It's been a good prediction so far.
#volume
12 days ago
Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#corporation #cost #Equity
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#corporation #cost #Equity
13 days ago
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter.
Chime is adding an investment product to its ******* nal.
The fintech launched Chime Invest on its app, allowing users to buy stocks and exchange-traded funds commission-free, the company announced Monday.
Alternately, customers can choose to let Chime partner Atomic Invest create a portfolio tailored to their goals and risk profile, with no account balance minimum and no fees if they are Chime Prime members.
Chime unveiled a tiered membership structure in April. The managed portfolio option in Chime Invest comes with a 0.10% annual fee for users in the fintech's second tier, Chime Plus. Other Chime members would pay a 0.25% annual management fee for the service.
#chime #Invest #banking #Portfolio
Chime is adding an investment product to its ******* nal.
The fintech launched Chime Invest on its app, allowing users to buy stocks and exchange-traded funds commission-free, the company announced Monday.
Alternately, customers can choose to let Chime partner Atomic Invest create a portfolio tailored to their goals and risk profile, with no account balance minimum and no fees if they are Chime Prime members.
Chime unveiled a tiered membership structure in April. The managed portfolio option in Chime Invest comes with a 0.10% annual fee for users in the fintech's second tier, Chime Plus. Other Chime members would pay a 0.25% annual management fee for the service.
#chime #Invest #banking #Portfolio
13 days ago
The NCAA Division I Board of Directors doubled down Thursday on the new age-based eligibility rule that has prompted some athletes to go to court in hopes of extending their college careers.
The Division I Cabinet, which approved the new rule last month, issued a similar statement last month after a group of basketball players filed a lawsuit in an Ohio state court contending the age-based model unfairly shuts them out of further competition. More lawsuits have been filed across the country since, some of them reportedly with their coaches' encouragement.
The board statement indicates it won't budge from its stance like it did when, in response to former Vanderbilt quarterback Diego Pavia's 2024 court win, it granted an additional year to athletes who had competed at non-NCAA schools for at least one season and were set to complete their eligibility.
"We are encouraged by the Division I membership's broad support of the age-based eligibility rules," the board said Thursday. "The design of the new rules, including its implementation strategy, was thoughtful and well informed, and was unanimously supported by the Cabinet, including its student-athlete members.
"The Board has no plans to modify their application, notwithstanding a series of lawsuits recently filed on behalf of student-athletes with no remaining eligibility. We look forward to ensuring that the age-based eligibility rules are enforced consistently so that all institutions play by the same rules, like all participants in sports."
#eligibility #athletes #filed
The Division I Cabinet, which approved the new rule last month, issued a similar statement last month after a group of basketball players filed a lawsuit in an Ohio state court contending the age-based model unfairly shuts them out of further competition. More lawsuits have been filed across the country since, some of them reportedly with their coaches' encouragement.
The board statement indicates it won't budge from its stance like it did when, in response to former Vanderbilt quarterback Diego Pavia's 2024 court win, it granted an additional year to athletes who had competed at non-NCAA schools for at least one season and were set to complete their eligibility.
"We are encouraged by the Division I membership's broad support of the age-based eligibility rules," the board said Thursday. "The design of the new rules, including its implementation strategy, was thoughtful and well informed, and was unanimously supported by the Cabinet, including its student-athlete members.
"The Board has no plans to modify their application, notwithstanding a series of lawsuits recently filed on behalf of student-athletes with no remaining eligibility. We look forward to ensuring that the age-based eligibility rules are enforced consistently so that all institutions play by the same rules, like all participants in sports."
#eligibility #athletes #filed
13 days ago
Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#costco #NASDAQ #bristol #Equity
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#costco #NASDAQ #bristol #Equity
18 days ago
Recent initial public offering Omada Health (OMDA) is the IPO Stock Of The Week following powerful gains over the past few months. Omada stock also sits on Investor's Business Daily's IPO Leaders screen.
The company offers lifestyle support for patients between doctor visits. In early May, the company announced a deal with Eli Lilly (LLY) to add Omada's virtual platform, GLP-1 Care Track, as an option for Lilly's Employer Connect program. This will make it easier for employers covering weight-loss drugs to also add on a membership to the Omada lifestyle support program for their employees.
Omada's GLP-1 Care Track is available through the major pharmacy benefit managers' websites. Employers can also work with Omada directly.
In early May, Omada reported adjusted earnings of 4 cents a share for its first quarter, swinging to a profit from a per-share loss of 16 cents in the year-ago period, according to IBD MarketSurge. Revenue jumped 42% to $78 million.
And for the full year, Wall Street expects the company to earn 26 cents per share, swinging from a per-share loss of 35 cents in 2025. Next year, estimates call for a 62% surge in profit, according to MarketSurge.
The company offers lifestyle support for patients between doctor visits. In early May, the company announced a deal with Eli Lilly (LLY) to add Omada's virtual platform, GLP-1 Care Track, as an option for Lilly's Employer Connect program. This will make it easier for employers covering weight-loss drugs to also add on a membership to the Omada lifestyle support program for their employees.
Omada's GLP-1 Care Track is available through the major pharmacy benefit managers' websites. Employers can also work with Omada directly.
In early May, Omada reported adjusted earnings of 4 cents a share for its first quarter, swinging to a profit from a per-share loss of 16 cents in the year-ago period, according to IBD MarketSurge. Revenue jumped 42% to $78 million.
And for the full year, Wall Street expects the company to earn 26 cents per share, swinging from a per-share loss of 35 cents in 2025. Next year, estimates call for a 62% surge in profit, according to MarketSurge.
20 days ago
There are a couple of good reasons to consider buying Netflix (NASDAQ: NFLX) ahead of this week's second-quarter financial update. It continues to operate the world's leading premium streaming service. More than just a stateside phenomenon, it now generates more than half of its revenue internationally.
Netflix has grown despite initiating modest membership price hikes almost every year. It uses its economies of scale to spend more on content than its smaller rivals, knowing it can divide that over its global audience of more than 325 million homes. However, the best reason to own Netflix ahead of Thursday afternoon's reveal of fresh financials is its stock chart.
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 »
As the owner of one of the more surprising performance charts, Netflix shares have plummeted 42% over the past year. Netflix stock is now trading at 24 times trailing earnings, its lowest multiple ever outside the market's overall sell-off in 2022.
Trailing revenue and earnings have never been higher, with double-digit percentage growth on both ends of the income statement. Consolidation in the industry -- even with Netflix failing to gobble up any of the smaller rivals that have hit the market -- should benefit the platform. Fewer players make it easier to avoid price wars from cutthroat competition.
Netflix has grown despite initiating modest membership price hikes almost every year. It uses its economies of scale to spend more on content than its smaller rivals, knowing it can divide that over its global audience of more than 325 million homes. However, the best reason to own Netflix ahead of Thursday afternoon's reveal of fresh financials is its stock chart.
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 »
As the owner of one of the more surprising performance charts, Netflix shares have plummeted 42% over the past year. Netflix stock is now trading at 24 times trailing earnings, its lowest multiple ever outside the market's overall sell-off in 2022.
Trailing revenue and earnings have never been higher, with double-digit percentage growth on both ends of the income statement. Consolidation in the industry -- even with Netflix failing to gobble up any of the smaller rivals that have hit the market -- should benefit the platform. Fewer players make it easier to avoid price wars from cutthroat competition.
22 days ago
The world’s largest martial arts organization is finishing off its monthly tripleheader with ONE Fight Night 45: Lessei vs. Rabah in U.S. primetime this weekend.
ONE Fight Night 45 will be broadcast live to more than 195 countries around the globe, and fans can watch via television, tablet, computer, or mobile device.
American and Canadian fans can watch the fight card live and for free on Prime Video with an Amazon Prime membership at 9 p.m. ET / 6 p.m. PT on Friday, July 17.
ONE Fight Night 45 will also be available on watch.onefc.com, ONE Championship’s Facebook page, and ONE’s YouTube channel, and the action begins at 8 a.m. ICT on Saturday, July 18.*
To view your local listings and start times by region, check below.
ONE Fight Night 45 will be broadcast live to more than 195 countries around the globe, and fans can watch via television, tablet, computer, or mobile device.
American and Canadian fans can watch the fight card live and for free on Prime Video with an Amazon Prime membership at 9 p.m. ET / 6 p.m. PT on Friday, July 17.
ONE Fight Night 45 will also be available on watch.onefc.com, ONE Championship’s Facebook page, and ONE’s YouTube channel, and the action begins at 8 a.m. ICT on Saturday, July 18.*
To view your local listings and start times by region, check below.
22 days ago
Coupang Inc (NYSE:CPNG) is one of billionaire David Abrams' top stock picks with upside potential. Coupang shares have gone up more than 26% over the past month, and ***** ysts project a nearly 30% upside from the current level. This Asian e-commerce stock is loved by elite investors as it is held by some 86 hedge funds.
In a note to investors on June 15, the equity research firm CLSA recommended buying Coupang Inc (NYSE:CPNG) stock, pointing to the company's competitive strength and expanding market. CLSA initiated coverage of CPNG stock with an Outperform rating and $24 price target.
According to the brokerage, Coupang has built a strong retail platform and a nationwide logistics network that strengthens its leading position in the Korean e-commerce market. The brokerage expects the Korean e-commerce market to grow at a compound annual rate of 6% between 2025 and 2029. Additionally, CLSA expects Coupang to begin reaping from its AI investments and benefit from market consolidation.
Coupang Inc (NYSE:CPNG) is an Asian-focused e-commerce and logistics company in the mold of Amazon. It operates an online retail platform, provides food delivery, and offers video streaming services. Coupang also has an Amazon Prime-like membership program.
While we acknowledge the potential of CPNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In a note to investors on June 15, the equity research firm CLSA recommended buying Coupang Inc (NYSE:CPNG) stock, pointing to the company's competitive strength and expanding market. CLSA initiated coverage of CPNG stock with an Outperform rating and $24 price target.
According to the brokerage, Coupang has built a strong retail platform and a nationwide logistics network that strengthens its leading position in the Korean e-commerce market. The brokerage expects the Korean e-commerce market to grow at a compound annual rate of 6% between 2025 and 2029. Additionally, CLSA expects Coupang to begin reaping from its AI investments and benefit from market consolidation.
Coupang Inc (NYSE:CPNG) is an Asian-focused e-commerce and logistics company in the mold of Amazon. It operates an online retail platform, provides food delivery, and offers video streaming services. Coupang also has an Amazon Prime-like membership program.
While we acknowledge the potential of CPNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
22 days ago
Walmart (NASDAQ: WMT) has quietly become one of the market's strongest large-cap performers over the past few years, rewarding investors who had long underestimated it. Lately, though, the run has cooled. Yet even after slipping from a 52-week high near $135 to about $114 as of this writing, the stock still fetches about 40 times earnings -- a growth stock multiple for a retailer that rings up most of its sales on low-margin groceries.
That gap is the whole question for anyone buying today. Can a company this enormous grow into a price like that over the next five years? The answer sits in a surprisingly small corner of the business.
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 »
On the surface, Walmart's results read like a big, dependable retailer's. In its fiscal first quarter of 2027 (the period ended April 30, 2026), total revenue rose 7.3% to $177.8 billion. Comparable sales in the U.S., excluding fuel, grew 4.1% -- healthy, but a notch below the 4.5% it posted a year earlier. Growth like that doesn't explain such a premium.
The explanation sits beneath the top line. Walmart's fastest-growing businesses happen to be its highest-margin, and they are finally big enough to matter. In the U.S., its Walmart Connect ad platform grew 44%, part of a broad jump in higher-margin advertising across the company. Membership fee income climbed 17.4% globally. And e-commerce sales rose 26%, now about 23% of net sales.
That gap is the whole question for anyone buying today. Can a company this enormous grow into a price like that over the next five years? The answer sits in a surprisingly small corner of the business.
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 »
On the surface, Walmart's results read like a big, dependable retailer's. In its fiscal first quarter of 2027 (the period ended April 30, 2026), total revenue rose 7.3% to $177.8 billion. Comparable sales in the U.S., excluding fuel, grew 4.1% -- healthy, but a notch below the 4.5% it posted a year earlier. Growth like that doesn't explain such a premium.
The explanation sits beneath the top line. Walmart's fastest-growing businesses happen to be its highest-margin, and they are finally big enough to matter. In the U.S., its Walmart Connect ad platform grew 44%, part of a broad jump in higher-margin advertising across the company. Membership fee income climbed 17.4% globally. And e-commerce sales rose 26%, now about 23% of net sales.
24 days ago
The International Cricket Council (ICC) has not taken any decision on reducing One-Day Internationals from 50 overs to 40 overs, putting to rest speculation that a major format change was imminent following its Annual Conference in Edinburgh.
Despite media reports suggesting that the governing body was considering shortening the format, no proposal was approved during the meeting. While the ICC Board discussed its long-term strategy for the game and heard presentations on restructuring cricket in the next commercial cycle, there was no formal decision regarding the future of the ODI format.
The conference also failed to produce any breakthrough on expanding the World Test Championship (WTC) from nine to 12 teams. Afghanistan, Ireland and Zimbabwe remain outside the competition, with the ICC Board making no announcement on their inclusion in future editions.
The annual gathering featured presentations on the ICC's strategic roadmap for the next cycle, while official media rights partner JioStar also addressed the Board. However, the details of those discussions have not been made public.
Another major outcome of the conference was the decision to continue the suspension of USA Cricket (USAC) and Cricket Canada. USAC has been under suspension since September 2025, and although the ICC acknowledged the importance of restoring its membership ahead of cricket's return at the Los Angeles 2028 Olympics, the Board decided to maintain the status quo.
Cricket Canada, suspended in June, will also remain under suspension until it resolves its internal governance issues. The ICC is also monitoring the possibility of a Canadian franchise joining Major League Cricket (MLC) before taking any further decision.
Meanwhile, France Cricket has been placed on notice by the ICC, while the Mauritius Cricket Federation (MCF) was officially admitted as an ****** ociate Member. The addition takes the ICC's global membership to 111 nations, comprising 12 Full Members and 99 ****** ociate Members.
The ICC Annual Conference was held in Edinburgh from July 8 to July 11.
Despite media reports suggesting that the governing body was considering shortening the format, no proposal was approved during the meeting. While the ICC Board discussed its long-term strategy for the game and heard presentations on restructuring cricket in the next commercial cycle, there was no formal decision regarding the future of the ODI format.
The conference also failed to produce any breakthrough on expanding the World Test Championship (WTC) from nine to 12 teams. Afghanistan, Ireland and Zimbabwe remain outside the competition, with the ICC Board making no announcement on their inclusion in future editions.
The annual gathering featured presentations on the ICC's strategic roadmap for the next cycle, while official media rights partner JioStar also addressed the Board. However, the details of those discussions have not been made public.
Another major outcome of the conference was the decision to continue the suspension of USA Cricket (USAC) and Cricket Canada. USAC has been under suspension since September 2025, and although the ICC acknowledged the importance of restoring its membership ahead of cricket's return at the Los Angeles 2028 Olympics, the Board decided to maintain the status quo.
Cricket Canada, suspended in June, will also remain under suspension until it resolves its internal governance issues. The ICC is also monitoring the possibility of a Canadian franchise joining Major League Cricket (MLC) before taking any further decision.
Meanwhile, France Cricket has been placed on notice by the ICC, while the Mauritius Cricket Federation (MCF) was officially admitted as an ****** ociate Member. The addition takes the ICC's global membership to 111 nations, comprising 12 Full Members and 99 ****** ociate Members.
The ICC Annual Conference was held in Edinburgh from July 8 to July 11.
25 days ago
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Enrollment is required for select benefits.
Enrollment is required for select benefits.
Read our full Amex Gold Card review
$219 CLEAR+ credit: Get up to $219 back per calendar year on your CLEAR+ membership (subject to auto-renewal) when you use your card.
Enrollment is required for select benefits.
25 days ago
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
Shares in the membership-based retailer Costco fell 4.1% on Thursday after a June sales update failed to meet Wall Street's lofty expectations.
That continued a weeks-long slump, but it also means the stock is looking more and more like one of the chain's hot dog deals.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
READ ALSO: Can SK Hynix Escape Chipmaking's Cyclical Curse After Nasdaq Debut? and AstraZeneca Plunges After New Heart Disease Drug Fails Trial
Shares in the membership-based retailer Costco fell 4.1% on Thursday after a June sales update failed to meet Wall Street's lofty expectations.
That continued a weeks-long slump, but it also means the stock is looking more and more like one of the chain's hot dog deals.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.
READ ALSO: Can SK Hynix Escape Chipmaking's Cyclical Curse After Nasdaq Debut? and AstraZeneca Plunges After New Heart Disease Drug Fails Trial
26 days ago
Point Park University in Pittsburgh has been approved for full NCAA Division II membership, effective Sept. 1.
The university reports that it completed its three-year provisional membership process in just two years after a waiver was approved by the NCAA.
The waiver was granted after Point Park met all NCAA compliance, academic and operational benchmarks a year early, transitioning from NAIA, officials say.
"Point Park is proud to be a member of both the Mountain East Conference and NCAA Division II," Point Park University President Chris W. Brussalis said. "We are honored that the NCAA recognized our athletic performance and commitment enough to waive a third provisional year and grant us full membership. We could not have done this without the unwavering support of the MEC and look forward to competing in the conference for many years to come."
"Today's news is historic for Point Park University and our entire downtown community," Athletics Vice President Scott Swain said. "Over the past two years, our student-athletes, staff, donors and community have strived for excellence with NCAA membership being the goal, today that hard work and commitment has paid off. NCAA membership will help our university grow – including enrollment, sponsorship, and achievements - both athletically and academically."
The university reports that it completed its three-year provisional membership process in just two years after a waiver was approved by the NCAA.
The waiver was granted after Point Park met all NCAA compliance, academic and operational benchmarks a year early, transitioning from NAIA, officials say.
"Point Park is proud to be a member of both the Mountain East Conference and NCAA Division II," Point Park University President Chris W. Brussalis said. "We are honored that the NCAA recognized our athletic performance and commitment enough to waive a third provisional year and grant us full membership. We could not have done this without the unwavering support of the MEC and look forward to competing in the conference for many years to come."
"Today's news is historic for Point Park University and our entire downtown community," Athletics Vice President Scott Swain said. "Over the past two years, our student-athletes, staff, donors and community have strived for excellence with NCAA membership being the goal, today that hard work and commitment has paid off. NCAA membership will help our university grow – including enrollment, sponsorship, and achievements - both athletically and academically."
27 days ago
With a 5-year EPS growth forecasted at 29.19%, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term.
On June 16, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and Grant Thornton Advisors announced that Grant Thornton will standardize its managed security services on the CrowdStrike Falcon platform through the Falcon Complete for Service Providers program. As part of the expanded relationship, Grant Thornton is enhancing its global managed security capabilities by introducing a broader portfolio of cybersecurity offerings, including tiered managed detection and response services and managed engineering solutions. The agreement further reinforces CrowdStrike's position as a preferred cybersecurity platform for enterprise service providers seeking to deliver advanced threat protection through cloud-native technologies.
On June 10, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) announced that it had joined both the OpenID Foundation as a Sustaining Corporate Member, the organization's highest level of membership, and IDPro to accelerate the adoption of continuous, risk-aware identity security standards across the cybersecurity industry. As AI agents and non-human identities become increasingly prevalent, CrowdStrike emphasized the need to replace traditional static identity models with dynamic, real-time risk ***** sments. Through these partnerships, the company will contribute Falcon platform intelligence to help identity providers, SaaS platforms, and security solutions make more informed, real-time access decisions based on evolving threat conditions.
Founded in 2011 and headquartered in Austin, Texas, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the best cybersecurity stocks to buy and hold for the long term. It protects businesses by stopping data breaches, using AI and behavioral ***** ytics to secure endpoints, cloud workloads, and digital identities.
While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
On June 16, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and Grant Thornton Advisors announced that Grant Thornton will standardize its managed security services on the CrowdStrike Falcon platform through the Falcon Complete for Service Providers program. As part of the expanded relationship, Grant Thornton is enhancing its global managed security capabilities by introducing a broader portfolio of cybersecurity offerings, including tiered managed detection and response services and managed engineering solutions. The agreement further reinforces CrowdStrike's position as a preferred cybersecurity platform for enterprise service providers seeking to deliver advanced threat protection through cloud-native technologies.
On June 10, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) announced that it had joined both the OpenID Foundation as a Sustaining Corporate Member, the organization's highest level of membership, and IDPro to accelerate the adoption of continuous, risk-aware identity security standards across the cybersecurity industry. As AI agents and non-human identities become increasingly prevalent, CrowdStrike emphasized the need to replace traditional static identity models with dynamic, real-time risk ***** sments. Through these partnerships, the company will contribute Falcon platform intelligence to help identity providers, SaaS platforms, and security solutions make more informed, real-time access decisions based on evolving threat conditions.
Founded in 2011 and headquartered in Austin, Texas, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the best cybersecurity stocks to buy and hold for the long term. It protects businesses by stopping data breaches, using AI and behavioral ***** ytics to secure endpoints, cloud workloads, and digital identities.
While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
27 days ago
Marco Bottigelli/Getty Images
Workplace pensions provider Nest is planning to allocate up to £1 billion (about $1.3 billion) to VC by 2030 as UK efforts to funnel pension **** ets into private markets ramp up.
The £68 billion fund, which is the UK's largest by membership with more than 14 million members, will initially commit £200 million to Schroders Capital to support existing investments and provide fresh funding for late-stage companies.
Included in Nest's new VC portfolio are AI video startup Synthesia and autonomous driving startup Wayve, which is set to conduct an $85 million employee share sale on the London Stock Exchange's private markets platform, Pisces, on Wednesday.
The UK's venture market is set for significant growth this year, with £14.4 billion invested so far, according to PitchBook data. At the current pace, deal value for 2026 is projected to increase by more than 50% from last year, but UK pension funds have historically been on the sidelines.
Workplace pensions provider Nest is planning to allocate up to £1 billion (about $1.3 billion) to VC by 2030 as UK efforts to funnel pension **** ets into private markets ramp up.
The £68 billion fund, which is the UK's largest by membership with more than 14 million members, will initially commit £200 million to Schroders Capital to support existing investments and provide fresh funding for late-stage companies.
Included in Nest's new VC portfolio are AI video startup Synthesia and autonomous driving startup Wayve, which is set to conduct an $85 million employee share sale on the London Stock Exchange's private markets platform, Pisces, on Wednesday.
The UK's venture market is set for significant growth this year, with £14.4 billion invested so far, according to PitchBook data. At the current pace, deal value for 2026 is projected to increase by more than 50% from last year, but UK pension funds have historically been on the sidelines.
27 days ago
With LIV Golf's future in serious doubt, its players must be considering a return to the PGA Tour.
The Saudi Public Investment Fund withdrew their support for the tour this year, leaving them scrambling for investors. If they cannot find new investment for next season and beyond, then they risk folding entirely.
As it stands, players face a one-year suspension from the PGA Tour following their most recent LIV event, so the likes of Jon Rahm would have to wait 12 months to return if LIV were to fold.
But one former LIV player has laid out the blueprint after leaving the tour early, and he eyes a PGA Tour return.
Eugenio Chacarra joined LIV Golf in 2022, but after three seasons, he decided to leave the tour and earned membership on the DP World Tour instead. He's won three times on the tour since joining, and looks dead set to earn a PGA Tour membership.
The Saudi Public Investment Fund withdrew their support for the tour this year, leaving them scrambling for investors. If they cannot find new investment for next season and beyond, then they risk folding entirely.
As it stands, players face a one-year suspension from the PGA Tour following their most recent LIV event, so the likes of Jon Rahm would have to wait 12 months to return if LIV were to fold.
But one former LIV player has laid out the blueprint after leaving the tour early, and he eyes a PGA Tour return.
Eugenio Chacarra joined LIV Golf in 2022, but after three seasons, he decided to leave the tour and earned membership on the DP World Tour instead. He's won three times on the tour since joining, and looks dead set to earn a PGA Tour membership.
28 days ago
Firebirds Wood Fired Grill, the award-winning, polished-casual American restaurant and steakhouse, announced the appointment of Florence Ho as the Company's new Chief Marketing Officer, effective July 7. Ms. Ho brings more than 25 years of marketing leadership to Firebirds, with a track record of driving meaningful business growth for both emerging and well-established hospitality, lifestyle, and consumer brands.
"I'm delighted to welcome Florence to the Firebirds team at a pivotal moment as we continue our growth nationally," said Steve Kislow, Chief Executive Officer, Firebirds Wood Fired Grill. "Florence brings a combination of creativity, ***** ytical insight, and hands-on marketing leadership that will be instrumental as we continue to grow the Firebirds brand and deepen our connection with guests. Her track record of building high-performing marketing teams and driving measurable results makes her the right leader to take Firebirds' marketing efforts to the next level, including evolving our Inner Circle program into a best-in-class loyalty experience for our guests."
Ms. Ho most recently served as Senior Vice President of Marketing, Loyalty and Customer Experience at Cooper's Hawk Winery & Restaurants, where she played a key role in brand-building during a period of rapid expansion that more than doubled the concept's unit count. Over more than six years, Ms. Ho built the company's digital marketing program from the ground up and successfully enhanced loyalty and CRM programming for Cooper's Hawk, growing its namesake Wine Club membership by more than 1.5x and significantly strengthening its social media presence, while delivering industry-leading Net Promoter Scores.
"Firebirds is a beloved restaurant brand defined by craft, hospitality, and an exceptional guest experience that keeps people coming back," said Ms. Ho. "What excites me most about joining Firebirds is the opportunity to combine its fiery brand heritage with modern, data-driven marketing to grow broader awareness of the concept and create meaningful and lasting relationships with our guests. I look forward to partnering with Steve and the entire leadership team to write the next chapter in Firebirds' story."
Prior to her role at Cooper's Hawk, Ms. Ho spent a decade at Wyndham Hotels & Resorts, where she held senior marketing and loyalty leadership roles across a portfolio of more than 20 brands at scale. She has also served in marketing and ***** ytics leadership positions at well-known brands including Mercedes-Benz USA, Kraft Foods, and Gartner. Ms. Ho holds a PhD in Economics from the City University of New York and a Bachelor of Arts, Economics from the College of William & Mary.
"I'm delighted to welcome Florence to the Firebirds team at a pivotal moment as we continue our growth nationally," said Steve Kislow, Chief Executive Officer, Firebirds Wood Fired Grill. "Florence brings a combination of creativity, ***** ytical insight, and hands-on marketing leadership that will be instrumental as we continue to grow the Firebirds brand and deepen our connection with guests. Her track record of building high-performing marketing teams and driving measurable results makes her the right leader to take Firebirds' marketing efforts to the next level, including evolving our Inner Circle program into a best-in-class loyalty experience for our guests."
Ms. Ho most recently served as Senior Vice President of Marketing, Loyalty and Customer Experience at Cooper's Hawk Winery & Restaurants, where she played a key role in brand-building during a period of rapid expansion that more than doubled the concept's unit count. Over more than six years, Ms. Ho built the company's digital marketing program from the ground up and successfully enhanced loyalty and CRM programming for Cooper's Hawk, growing its namesake Wine Club membership by more than 1.5x and significantly strengthening its social media presence, while delivering industry-leading Net Promoter Scores.
"Firebirds is a beloved restaurant brand defined by craft, hospitality, and an exceptional guest experience that keeps people coming back," said Ms. Ho. "What excites me most about joining Firebirds is the opportunity to combine its fiery brand heritage with modern, data-driven marketing to grow broader awareness of the concept and create meaningful and lasting relationships with our guests. I look forward to partnering with Steve and the entire leadership team to write the next chapter in Firebirds' story."
Prior to her role at Cooper's Hawk, Ms. Ho spent a decade at Wyndham Hotels & Resorts, where she held senior marketing and loyalty leadership roles across a portfolio of more than 20 brands at scale. She has also served in marketing and ***** ytics leadership positions at well-known brands including Mercedes-Benz USA, Kraft Foods, and Gartner. Ms. Ho holds a PhD in Economics from the City University of New York and a Bachelor of Arts, Economics from the College of William & Mary.
28 days ago
Chewy, Inc. (NYSE:CHWY) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 23, TD Cowen ***** yst William Kerr named Chewy, Inc. (NYSE:CHWY) as the firm's best small- and mid-cap, or Smid-cap, stock idea for 2026, and at the same time reiterated a Buy rating and a $34 price target on the shares.
Kerr said his firm's endorsement was built around several growth and margin levers it believes Chewy has not yet fully monetized. These include its veterinary care partnership through CVC and Modern Animal, an expanding advertising business, ongoing automation of its fulfillment operations, the Chewy+ membership program, and the integration of generative AI into its platform.
Kerr added that at the time of the note, Chewy was trading at just 6.3 times its enterprise value-to-EBITDA. He described this valuation as attractive given the company's expected EBITDA compound annual growth rate of 15% over the next five years. Put simply, the ***** yst believes the stock is too cheap relative to how fast the business is expected to grow.
The ***** yst also pointed out that as online shopping for pet products continues to grow as a share of total industry sales, Chewy is well positioned to pull customers away from physical competitors. The competitors include local pet stores, traditional retailers, and grocery chains.
The Smid-cap designation places Chewy in a curated list of TD Cowen's top investment picks for companies with a market capitalization generally below $10 billion. This is the firm's annual selection that signals its highest-conviction ideas in that size category.
Kerr said his firm's endorsement was built around several growth and margin levers it believes Chewy has not yet fully monetized. These include its veterinary care partnership through CVC and Modern Animal, an expanding advertising business, ongoing automation of its fulfillment operations, the Chewy+ membership program, and the integration of generative AI into its platform.
Kerr added that at the time of the note, Chewy was trading at just 6.3 times its enterprise value-to-EBITDA. He described this valuation as attractive given the company's expected EBITDA compound annual growth rate of 15% over the next five years. Put simply, the ***** yst believes the stock is too cheap relative to how fast the business is expected to grow.
The ***** yst also pointed out that as online shopping for pet products continues to grow as a share of total industry sales, Chewy is well positioned to pull customers away from physical competitors. The competitors include local pet stores, traditional retailers, and grocery chains.
The Smid-cap designation places Chewy in a curated list of TD Cowen's top investment picks for companies with a market capitalization generally below $10 billion. This is the firm's annual selection that signals its highest-conviction ideas in that size category.
1 month ago
Last month, we marked eight years since the Supreme Court ruled in Janus v. AFSCME that public employees cannot be forced to pay union dues as a condition of keeping their jobs. Until then, those dues had been mandatory for millions of government workers.
What's more, most of them never learned that Janus had changed that, until organizations like mine started telling them.
The 2018 ruling was decided 5-4. The majority held that compelling a public employee to subsidize a union's speech — speech he may deeply oppose — violates the First Amendment. For workers who had spent years funding ideological messaging and political activity they disagreed with, it was long overdue.
So, what has changed since? More than unions want to admit, but also less than workers deserve.
As of 2023, as many as 1.2 million public employees had either cancelled or declined union membership who otherwise would have been forced to join prior to Janus. That represents a cut of roughly $720 million per year in union revenue nationwide.
What's more, most of them never learned that Janus had changed that, until organizations like mine started telling them.
The 2018 ruling was decided 5-4. The majority held that compelling a public employee to subsidize a union's speech — speech he may deeply oppose — violates the First Amendment. For workers who had spent years funding ideological messaging and political activity they disagreed with, it was long overdue.
So, what has changed since? More than unions want to admit, but also less than workers deserve.
As of 2023, as many as 1.2 million public employees had either cancelled or declined union membership who otherwise would have been forced to join prior to Janus. That represents a cut of roughly $720 million per year in union revenue nationwide.
1 month ago
RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its "RiverPark Large Growth Fund" Q1 2026 investor letter. A copy of the letter can be downloaded here. The US stock market declined in the quarter with the S&P 500 index ("S&P") and the Russell 1000 Growth index ("RLG") falling 4.33% and 9.78%, respectively. Markets started the year positively but became volatile mainly due to increased tensions with Iran. The Federal Reserve kept rates unchanged in January and February. Still, rising energy prices and weaker economic data sparked concerns about stagflation, leading investors to rethink the timing and scale of future rate cuts. Investor sentiment shifted from growth and tech stocks amid inflation, interest rate, and supply chain concerns. Opposing AI-driven rotations heavily influenced investor sentiment, affecting growth stocks—enthusiasm grew for semiconductor firms linked to AI infrastructure spending, while enterprise software companies, viewed as vulnerable to AI disruption, faced pessimism. The Fund's software holdings were sold off heavily, while the underweight in semiconductor companies, which benefited most from AI infrastructure spending, affected the performance. Despite challenges, the firm remains confident in the long-term prospects and valuations of its portfolio companies. Please review the Fund's top five holdings to gain insights into their key selections for 2026.
In its first-quarter 2026 investor letter, RiverPark Large Growth Fund highlighted Netflix, Inc. (NASDAQ:NFLX). Netflix, Inc. (NASDAQ:NFLX) is a leading subscription-based streaming entertainment platform. On July 2, 2026, Netflix, Inc. (NASDAQ:NFLX) closed at $77.65 per share. One-month return of Netflix, Inc. (NASDAQ:NFLX) was -7.06%, and its shares lost 41.12% over the past 52 weeks. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $326.97 billion.
RiverPark Large Growth Fund stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q1 2026 investor letter:
"Netflix, Inc. (NASDAQ:NFLX): NFLX was the fifth-largest contributor for the quarter, gaining approximately 3% and significantly outperforming a sharply down market. Netflix benefited from multiple positive developments during Q1. In January, the company's decision to walk away from its proposed acquisition of Warner Bros. Discovery removed a major strategic and regulatory overhang from the stock, allowing investors to refocus on Netflix's strong fundamentals. The company's Q4 2025 earnings report highlighted full-year 2025 revenue of approximately $45.2 billion, an operating margin of nearly 29.5%, and global paid membership crossing 325 million, with management guiding for 2026 revenue growth of 12–14% and operating margin expansion to 31.5%. Netflix's subscription-based, global revenue model also made it a natural defensive holding during the March geopolitical-focused selloff.
We continue to view Netflix as the dominant global
In its first-quarter 2026 investor letter, RiverPark Large Growth Fund highlighted Netflix, Inc. (NASDAQ:NFLX). Netflix, Inc. (NASDAQ:NFLX) is a leading subscription-based streaming entertainment platform. On July 2, 2026, Netflix, Inc. (NASDAQ:NFLX) closed at $77.65 per share. One-month return of Netflix, Inc. (NASDAQ:NFLX) was -7.06%, and its shares lost 41.12% over the past 52 weeks. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $326.97 billion.
RiverPark Large Growth Fund stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q1 2026 investor letter:
"Netflix, Inc. (NASDAQ:NFLX): NFLX was the fifth-largest contributor for the quarter, gaining approximately 3% and significantly outperforming a sharply down market. Netflix benefited from multiple positive developments during Q1. In January, the company's decision to walk away from its proposed acquisition of Warner Bros. Discovery removed a major strategic and regulatory overhang from the stock, allowing investors to refocus on Netflix's strong fundamentals. The company's Q4 2025 earnings report highlighted full-year 2025 revenue of approximately $45.2 billion, an operating margin of nearly 29.5%, and global paid membership crossing 325 million, with management guiding for 2026 revenue growth of 12–14% and operating margin expansion to 31.5%. Netflix's subscription-based, global revenue model also made it a natural defensive holding during the March geopolitical-focused selloff.
We continue to view Netflix as the dominant global