11 mins. ago
The PGA Tour has begun revealing which tournaments will become Championship Series events in 2028 when a new two-track model is implemented.
First up for the PGA Tour's top-tier Championship Series is the Travelers Championship, which has been played annually at TPC River Highlands just outside Hartford, Connecticut, each June, typically the week after the U.S. Open. Since 2023, the Travelers has been one of eight $20 million signature events on the PGA Tour. The announcement was made on Monday.
In 2028, the PGA Tour Championship Series will comprise roughly 15 regular-season events, in addition to the four major championships, Players Championship, and playoff events. Purses for the PGA Tour-operated events (the non-majors) will be at least $20 million, with some tournaments like the Players and a revamped Tour Championship offering even more prize money. The second-tier Challenger Series will comprise at least 20 events, each offering much lower purses of at least $4 million. Both series will run from approximately February to August, and will include annual promotion and relegation between the circuits.
"Right now we have 47 events at the PGA Tour—we'll have 47 events going forward," PGA Tour CEO Brian Rolapp said when he unveiled the plans for the new scheduling model in June. "That current model serves roughly 230 players. We'll serve that amount of players, the same. We are just organized now in a more simple understanding competitively so our fans can understand it, our partners know what they're getting as far as value. So we think we've just organized the same tour into a much more interesting and competitive system."
The second confirmed Championship Series event will be sponsored by Sompo, a ***** anese insurance and financial services firm, the PGA Tour announced on Tuesday. The event's market has yet to be determined, though. In 2027, Sompo will back a full-field (non-signature) PGA Tour event at Silverado Resort's North Course in Napa, California, July 29 to Aug. 1—effectively replacing the Rocket Classic in Detroit, which is leaving the PGA Tour schedule after this season. In 2028, the Sompo event will relocate to a new market as part of the transition to the Championship Series.
#championship #sompo
First up for the PGA Tour's top-tier Championship Series is the Travelers Championship, which has been played annually at TPC River Highlands just outside Hartford, Connecticut, each June, typically the week after the U.S. Open. Since 2023, the Travelers has been one of eight $20 million signature events on the PGA Tour. The announcement was made on Monday.
In 2028, the PGA Tour Championship Series will comprise roughly 15 regular-season events, in addition to the four major championships, Players Championship, and playoff events. Purses for the PGA Tour-operated events (the non-majors) will be at least $20 million, with some tournaments like the Players and a revamped Tour Championship offering even more prize money. The second-tier Challenger Series will comprise at least 20 events, each offering much lower purses of at least $4 million. Both series will run from approximately February to August, and will include annual promotion and relegation between the circuits.
"Right now we have 47 events at the PGA Tour—we'll have 47 events going forward," PGA Tour CEO Brian Rolapp said when he unveiled the plans for the new scheduling model in June. "That current model serves roughly 230 players. We'll serve that amount of players, the same. We are just organized now in a more simple understanding competitively so our fans can understand it, our partners know what they're getting as far as value. So we think we've just organized the same tour into a much more interesting and competitive system."
The second confirmed Championship Series event will be sponsored by Sompo, a ***** anese insurance and financial services firm, the PGA Tour announced on Tuesday. The event's market has yet to be determined, though. In 2027, Sompo will back a full-field (non-signature) PGA Tour event at Silverado Resort's North Course in Napa, California, July 29 to Aug. 1—effectively replacing the Rocket Classic in Detroit, which is leaving the PGA Tour schedule after this season. In 2028, the Sompo event will relocate to a new market as part of the transition to the Championship Series.
#championship #sompo
48 mins. ago
John Isner joins Dan Roberts of Front Office Sports to discuss:
"Nothing Major" podcast's move to The Volume network
Modeling his show after Andy Roddick's "Served" podcast
Why tennis interest is surging in the U.S. and globally
Influencers flooding the US Open and Wimbledon crowds
#sports #major #modeling
"Nothing Major" podcast's move to The Volume network
Modeling his show after Andy Roddick's "Served" podcast
Why tennis interest is surging in the U.S. and globally
Influencers flooding the US Open and Wimbledon crowds
#sports #major #modeling
7 hours ago
For nearly two decades, John Harbaugh defined Baltimore Ravens football. His teams were disciplined, physical and consistently among the NFL's playoff contenders. Players came and went, coordinators accepted promotions elsewhere and rosters evolved, but Harbaugh remained the constant that tied every season together.
That chapter has closed. As the Ravens report for training camp, the organization begins navigating unfamiliar territory. A new coaching staff inherits one of the NFL's most talented rosters, but replacing a respected culture builder is never as simple as changing the name on the office door.
The Ravens enter this summer with a chance to establish a new identity while preserving the standards that made them one of football's model franchises. Coaching changes often coincide with rebuilding projects. That isn't the case in Baltimore.
The Ravens still possess one of the league's premier quarterbacks in Lamar Jackson, an offense capable of challenging any defense and a defense talented enough to help fuel an AFC North ***** le. Expectations haven't changed simply because leadership has.
The new coaching staff isn't being asked to build a contender from scratch. It's being asked to sustain one.
#Coaching
That chapter has closed. As the Ravens report for training camp, the organization begins navigating unfamiliar territory. A new coaching staff inherits one of the NFL's most talented rosters, but replacing a respected culture builder is never as simple as changing the name on the office door.
The Ravens enter this summer with a chance to establish a new identity while preserving the standards that made them one of football's model franchises. Coaching changes often coincide with rebuilding projects. That isn't the case in Baltimore.
The Ravens still possess one of the league's premier quarterbacks in Lamar Jackson, an offense capable of challenging any defense and a defense talented enough to help fuel an AFC North ***** le. Expectations haven't changed simply because leadership has.
The new coaching staff isn't being asked to build a contender from scratch. It's being asked to sustain one.
#Coaching
8 hours 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
12 hours ago
Where to watch Big Ten Media Days: Full schedule, times, channels, live streams for college football press conferences originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Big Ten Media Days are one of the most anticipated offseason events of the summer, setting the stage for what should be a thrilling 2026 season packed with massive storylines across the conference.
The Big Ten has crowned a different national champion in each of the past three seasons, meaning anyone in the conference has a chance to win it all in 2026.
Oregon enters the year as a popular pick to break through after four stellar seasons under head coach Dan Lanning. However, defending national champion Indiana returns off one of the most stunning turnarounds in recent memory and now has to prove it wasn't a one-year fluke.
Ohio State, meanwhile, opens the season as the nation's top-ranked team in several projection models despite a major defensive overhaul, and USC's revamped defense under new coordinator Gary Patterson could make the Trojans one of the conference's most intriguing wild cards.
#days #champion
Big Ten Media Days are one of the most anticipated offseason events of the summer, setting the stage for what should be a thrilling 2026 season packed with massive storylines across the conference.
The Big Ten has crowned a different national champion in each of the past three seasons, meaning anyone in the conference has a chance to win it all in 2026.
Oregon enters the year as a popular pick to break through after four stellar seasons under head coach Dan Lanning. However, defending national champion Indiana returns off one of the most stunning turnarounds in recent memory and now has to prove it wasn't a one-year fluke.
Ohio State, meanwhile, opens the season as the nation's top-ranked team in several projection models despite a major defensive overhaul, and USC's revamped defense under new coordinator Gary Patterson could make the Trojans one of the conference's most intriguing wild cards.
#days #champion
14 hours ago
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility!
Tesla kicked off earnings season — at least for this sector — and the shareholder letter, along with Elon Musk's remarks during the conference call, provided some pretty incredible disclosures I imagine have some investors concerned, or at least puzzled.
Tesla has backed off previous promises to reach "volume production" of the Cybercab, Tesla Semi, and Megapack 3 in 2026. And while the company has publicly touted expansions of its Tesla Robotaxi service into new cities in Florida and Texas, the quarter-over-quarter data shows a drop in paid robotaxi miles.
Senior reporter Sean O'Kane took a closer look at a graph shared in Tesla's shareholder letter. At a passing glance, the chart appears to show steady growth in paid robotaxi rides between August 2025 and June 2026, O'Kane notes. But the numbers displayed are **** ulative, and when broken down by quarter, they show that Tesla's Robotaxi fleet of Model Y SUVs carrying paying passengers covered around 1.1 million miles in the first quarter. That fell to roughly 700,000 miles in the second quarter, a decline of about 36%.
Musk also disclosed during the call that Tesla needs to accumulate driving data specific to the Cybercab before it can put large numbers of the vehicles on the road. That isn't terribly surprising; the Cybercab is new, after all. But the reason got my attention. He explained that Tesla has to accumulate miles using Cybercabs retrofitted with steering wheels and accelerator and braking pedals so it can calibrate to the Cybercab chassis.
#robotaxi
Tesla kicked off earnings season — at least for this sector — and the shareholder letter, along with Elon Musk's remarks during the conference call, provided some pretty incredible disclosures I imagine have some investors concerned, or at least puzzled.
Tesla has backed off previous promises to reach "volume production" of the Cybercab, Tesla Semi, and Megapack 3 in 2026. And while the company has publicly touted expansions of its Tesla Robotaxi service into new cities in Florida and Texas, the quarter-over-quarter data shows a drop in paid robotaxi miles.
Senior reporter Sean O'Kane took a closer look at a graph shared in Tesla's shareholder letter. At a passing glance, the chart appears to show steady growth in paid robotaxi rides between August 2025 and June 2026, O'Kane notes. But the numbers displayed are **** ulative, and when broken down by quarter, they show that Tesla's Robotaxi fleet of Model Y SUVs carrying paying passengers covered around 1.1 million miles in the first quarter. That fell to roughly 700,000 miles in the second quarter, a decline of about 36%.
Musk also disclosed during the call that Tesla needs to accumulate driving data specific to the Cybercab before it can put large numbers of the vehicles on the road. That isn't terribly surprising; the Cybercab is new, after all. But the reason got my attention. He explained that Tesla has to accumulate miles using Cybercabs retrofitted with steering wheels and accelerator and braking pedals so it can calibrate to the Cybercab chassis.
#robotaxi
14 hours ago
Americans spend over $600 billion per year on remodeling their homes. Upgrading and repairing your home can protect its market value and make your living ******* e more comfortable. But it can also be expensive, and figuring out a way to pay for it isn't always straightforward.
Let's pretend, for example, that Bethan needs to make some major repairs to her home that cost around $25,000. She has a $27,000 emergency fund, but she's not sure if she should wipe out her rainy day account or finance the fixes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#home #actually #bethan #bezos
Let's pretend, for example, that Bethan needs to make some major repairs to her home that cost around $25,000. She has a $27,000 emergency fund, but she's not sure if she should wipe out her rainy day account or finance the fixes.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#home #actually #bethan #bezos
15 hours ago
By Eduardo Baptista
BEIJING, July 27 (Reuters) - China's commerce ministry on Monday accused the United States of "AI hegemonism" and threatened countermeasures after senior U.S. officials said Chinese AI companies could face investigations, sanctions and trade restrictions over the alleged theft of U.S. technology.
The ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanced U.S. AI models, despite what it called a lack of factual or legal grounds.
Model distillation is a widely used AI training technique in which developers use the outputs of a more capable model to train or improve another system. U.S. officials say they distinguish between legitimate distillation and large-scale extraction that amounts to intellectual property theft.
'ALL NECESSARY MEASURES'
#model #Companies #eduardo
BEIJING, July 27 (Reuters) - China's commerce ministry on Monday accused the United States of "AI hegemonism" and threatened countermeasures after senior U.S. officials said Chinese AI companies could face investigations, sanctions and trade restrictions over the alleged theft of U.S. technology.
The ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanced U.S. AI models, despite what it called a lack of factual or legal grounds.
Model distillation is a widely used AI training technique in which developers use the outputs of a more capable model to train or improve another system. U.S. officials say they distinguish between legitimate distillation and large-scale extraction that amounts to intellectual property theft.
'ALL NECESSARY MEASURES'
#model #Companies #eduardo
15 hours ago
President Donald Trump told a crowd in Michigan that the White House has ordered 250 Cadillac Escalades, the flagship sport utility vehicle in the luxury auto brand's lineup, for his presidential motorcade.
Trump revealed the purchase in a speech delivered at a General Motors testing facility in the Detroit suburb of Milford.
"The one and only Escalade," he said toward the beginning of a roughly one-hour-long address. "You know we ordered, I think, 250 Escalades, right? We ordered 250 Escalades…. We look sharp in those Escalades."
Models pose for a photographer in front of a Cadillac Escalade during a Luxury Car Show in Bucharest May 24, 2007.
The 2026 Escalade has a manufacturer's suggested retail price starting in the low $90,000's, though upgrades take it well north of six figures. Its high-performance V-series runs about $170,000.
#cadillac #white
Trump revealed the purchase in a speech delivered at a General Motors testing facility in the Detroit suburb of Milford.
"The one and only Escalade," he said toward the beginning of a roughly one-hour-long address. "You know we ordered, I think, 250 Escalades, right? We ordered 250 Escalades…. We look sharp in those Escalades."
Models pose for a photographer in front of a Cadillac Escalade during a Luxury Car Show in Bucharest May 24, 2007.
The 2026 Escalade has a manufacturer's suggested retail price starting in the low $90,000's, though upgrades take it well north of six figures. Its high-performance V-series runs about $170,000.
#cadillac #white
3 days ago
A new Kicker financial investigation reveals that Dietmar Hopp injected another €40m into Hoffenheim in the summer of 2025. Together with the €80m contribution made one year earlier, the software billionaire pumped €120m into the club between August 2024 and August 2025.
The money helped cover losses of €23.2m in 2023/24 and €26.6m in 2024/25. It also left Hoffenheim with an impressive €219.1m in equity.
Therein lies the paradox. Hoffenheim presently maintain one of the strongest balance sheets in German football. They also remain dependent on one individual repeatedly covering the consequences of their operating model.
Hopp relinquished his majority voting rights in 2023. At the time, the decision was presented as the beginning of a new era in which Hoffenheim could develop a more conventional member-controlled identity.
Events since then have demonstrated otherwise.
#hoffenheim #hopp #kicker #Events
The money helped cover losses of €23.2m in 2023/24 and €26.6m in 2024/25. It also left Hoffenheim with an impressive €219.1m in equity.
Therein lies the paradox. Hoffenheim presently maintain one of the strongest balance sheets in German football. They also remain dependent on one individual repeatedly covering the consequences of their operating model.
Hopp relinquished his majority voting rights in 2023. At the time, the decision was presented as the beginning of a new era in which Hoffenheim could develop a more conventional member-controlled identity.
Events since then have demonstrated otherwise.
#hoffenheim #hopp #kicker #Events
3 days ago
Reviewed by Dietitian Emily Lachtrupp, M.S., RD
Grammy award-winning singer and songwriter Olivia Rodrigo has been making headlines for years—so much so that she was chosen as the cover model for Vogue's August 2023 issue. So when the pop soloist spilled on her favorite fast-food dishes in the magazine's "73 Questions" series on YouTube, we were all ears.
Credit: Momodu Mansaray/Getty Images
In the video, Rodrigo talked about songwriting, her inspirations, fashion and—what grabbed our attention—food. After sharing some of her homemade banana bread with interviewer Joe Sabia (we're waiting for the recipe!), she dished on her go-to fast-food breakfast.
When asked by Sabia to confirm her favorite fast-food order, Rodrigo answered, "I love a good McDonald's oatmeal."
#rodrigo #favorite #lachtrupp
Grammy award-winning singer and songwriter Olivia Rodrigo has been making headlines for years—so much so that she was chosen as the cover model for Vogue's August 2023 issue. So when the pop soloist spilled on her favorite fast-food dishes in the magazine's "73 Questions" series on YouTube, we were all ears.
Credit: Momodu Mansaray/Getty Images
In the video, Rodrigo talked about songwriting, her inspirations, fashion and—what grabbed our attention—food. After sharing some of her homemade banana bread with interviewer Joe Sabia (we're waiting for the recipe!), she dished on her go-to fast-food breakfast.
When asked by Sabia to confirm her favorite fast-food order, Rodrigo answered, "I love a good McDonald's oatmeal."
#rodrigo #favorite #lachtrupp
3 days ago
Suzlon Group has been awarded a 201.6MW wind power project in the Indian state of Andhra Pradesh by Waaree Forever Energies Private (WFEPL), the independent power producer arm of the Waaree Group.
This marks the Waaree Group's first wind project in the state and is the second consecutive engineering, procurement and construction (EPC) order Suzlon has received in a week under the company's DevCo model.
The project will see Suzlon supply 64 of its S144 wind turbine generators (WTGs), each with a capacity of 3.15MW.
Suzlon Group vice-chairman Girish Tanti said: "This partnership is strategically important as it unites two companies whose growth has mirrored the evolution of India's renewable energy sector.
"Waaree and Suzlon have been trailblazers in solar and wind, respectively, each building world-class manufacturing ecosystems and establishing a strong global presence.
#wind #project #power #andhra
This marks the Waaree Group's first wind project in the state and is the second consecutive engineering, procurement and construction (EPC) order Suzlon has received in a week under the company's DevCo model.
The project will see Suzlon supply 64 of its S144 wind turbine generators (WTGs), each with a capacity of 3.15MW.
Suzlon Group vice-chairman Girish Tanti said: "This partnership is strategically important as it unites two companies whose growth has mirrored the evolution of India's renewable energy sector.
"Waaree and Suzlon have been trailblazers in solar and wind, respectively, each building world-class manufacturing ecosystems and establishing a strong global presence.
#wind #project #power #andhra
3 days ago
If there's one sustainable fashionista we look to when the season changes, it's Lady Amelia Windsor.
The 31-year-old cousin of King Charles has been embracing the British summertime - and we are grateful because it has meant a slew of killer looks from the granddaughter of the Duke of Kent.
Lady Amelia looked beautiful in the halterneck shorts combination
On Friday, Amelia was a vision in tangerine, displaying her modelesque, flawlessly tanned legs in a pair of floral shorts, paired with a burnt orange halterneck top.
Amelia kept her glam for the occasion au naturel and her trademark honey blonde hair sleek and straight.
#shorts #Windsor
The 31-year-old cousin of King Charles has been embracing the British summertime - and we are grateful because it has meant a slew of killer looks from the granddaughter of the Duke of Kent.
Lady Amelia looked beautiful in the halterneck shorts combination
On Friday, Amelia was a vision in tangerine, displaying her modelesque, flawlessly tanned legs in a pair of floral shorts, paired with a burnt orange halterneck top.
Amelia kept her glam for the occasion au naturel and her trademark honey blonde hair sleek and straight.
#shorts #Windsor
3 days ago
Following Advanced Micro Devices Inc.'s (NASDAQ:AMD) Advancing AI 2026 event in San Francisco, top technology ****** ysts are issuing aggressive price targets and bullish forecasts for the chipmaker.
Futurum Equities reiterated its Buy rating and raised its price target to $800—representing nearly 48% upside—declaring "AMD is one of our top convictions." At the same time, Moor Insights & Strategy chief ****** yst Patrick Moorhead highlighted projections indicating the server CPU market will surge past $200 billion by 2030.
Daniel Newman of Futurum Equities cited AMD's rapidly expanding hardware ecosystem and customer momentum following major keynote announcements. Key among them is a strategic 2-gigawatt deployment deal with Anthropic, bringing AMD's total committed accelerator deployments to 14 gigawatts.
Futurum models $38 billion in GPU revenue next year, accelerated by 6th Gen EPYC "Venice" CPUs and AMD Helios rackscale solutions, which deliver up to 30% more tokens per dollar than competitors. Newman noted AMD is well-positioned across an accelerator total addressable market reaching $1.4 trillion by 2030.
$AMD Futurum Equities reiterates Buy and ups PT to $800.
Top 5 takes from today's event by rolfbulk pic.twitter.com/GgpY2nzqtB
#futurum #newman #price #billion
Futurum Equities reiterated its Buy rating and raised its price target to $800—representing nearly 48% upside—declaring "AMD is one of our top convictions." At the same time, Moor Insights & Strategy chief ****** yst Patrick Moorhead highlighted projections indicating the server CPU market will surge past $200 billion by 2030.
Daniel Newman of Futurum Equities cited AMD's rapidly expanding hardware ecosystem and customer momentum following major keynote announcements. Key among them is a strategic 2-gigawatt deployment deal with Anthropic, bringing AMD's total committed accelerator deployments to 14 gigawatts.
Futurum models $38 billion in GPU revenue next year, accelerated by 6th Gen EPYC "Venice" CPUs and AMD Helios rackscale solutions, which deliver up to 30% more tokens per dollar than competitors. Newman noted AMD is well-positioned across an accelerator total addressable market reaching $1.4 trillion by 2030.
$AMD Futurum Equities reiterates Buy and ups PT to $800.
Top 5 takes from today's event by rolfbulk pic.twitter.com/GgpY2nzqtB
#futurum #newman #price #billion
3 days ago
Call it a B-spec, call it a heavily revised AMR26, call it whatever you want – what Aston Martin rolled out at the Hungaroring for the 2026 Hungarian Grand Prix is, by any reasonable engineering standard, a new Formula 1 car. Sixteen separate components were declared upgraded, mechanics broke FIA curfew to get both cars fitted in time, and the team reportedly flew spare parts to Budapest just to guarantee Fernando Alonso and Lance Stroll could each run the full package. That is not a development update. That is a rebuild.
The backstory is by now well-documented and not particularly flattering. Adrian Newey didn't get serious work underway on the AMR26 until mid-March 2025, and the wind tunnel didn't see a model until mid-April – three months behind rivals who were already deep into the new regulatory cycle. The car that arrived at pre-season testing in Barcelona was overweight, paddock insiders estimated by somewhere between 10 and 15 kilograms, maybe more, and the Honda power unit was generating vibrations severe enough to rattle onboard cameras loose and leave Alonso and Stroll visibly fighting the steering wheel.
At the Australian opener, Alonso qualified 2.462 seconds off the pace. Both cars retired when the vibrations damaged the battery systems. It went largely sideways from there – one point across the opening ten rounds, tenth of eleven teams in the constructors' standings, behind only the expansion Cadillac outfit.
The nose is the clearest sign of how deep the changes go. Where the original AMR26 carried a wide, blunt front structure, the Hungary version features a noticeably thinner, more tapered profile – the kind of slender nose Newey has favoured since his early Red Bull years. That change alone cascades through the entire front end: new uprights, revised aerodynamic ducting, changed actuator mounting, and a completely reworked front wing with reshaped endplates. Per Newey, the forward section of the chassis was lightened to the point that it required a full re-homologation and fresh crash testing – which, depending on your definition, crosses the threshold from upgrade to new car.
Newey himself occupies both sides of that argument simultaneously. "The main structural elements remain the same – the chassis and gearbox architecture don't fundamentally change – but we've taken weight out of both, which required re-homologating and crash testing the forward chassis," he said. So: same architecture, new crash test. Make of that what you will.
#call #stroll
The backstory is by now well-documented and not particularly flattering. Adrian Newey didn't get serious work underway on the AMR26 until mid-March 2025, and the wind tunnel didn't see a model until mid-April – three months behind rivals who were already deep into the new regulatory cycle. The car that arrived at pre-season testing in Barcelona was overweight, paddock insiders estimated by somewhere between 10 and 15 kilograms, maybe more, and the Honda power unit was generating vibrations severe enough to rattle onboard cameras loose and leave Alonso and Stroll visibly fighting the steering wheel.
At the Australian opener, Alonso qualified 2.462 seconds off the pace. Both cars retired when the vibrations damaged the battery systems. It went largely sideways from there – one point across the opening ten rounds, tenth of eleven teams in the constructors' standings, behind only the expansion Cadillac outfit.
The nose is the clearest sign of how deep the changes go. Where the original AMR26 carried a wide, blunt front structure, the Hungary version features a noticeably thinner, more tapered profile – the kind of slender nose Newey has favoured since his early Red Bull years. That change alone cascades through the entire front end: new uprights, revised aerodynamic ducting, changed actuator mounting, and a completely reworked front wing with reshaped endplates. Per Newey, the forward section of the chassis was lightened to the point that it required a full re-homologation and fresh crash testing – which, depending on your definition, crosses the threshold from upgrade to new car.
Newey himself occupies both sides of that argument simultaneously. "The main structural elements remain the same – the chassis and gearbox architecture don't fundamentally change – but we've taken weight out of both, which required re-homologating and crash testing the forward chassis," he said. So: same architecture, new crash test. Make of that what you will.
#call #stroll
3 days ago
July 24 (Reuters) - India's HCLTech said on Friday it would invest 142.57 billion rupees ($1.48 billion) to set up its first AI data center in the eastern state of Odisha in partnership with homegrown startup Sarvam AI.
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
India's IT services firms are entering the data center business to capitalise on demand from AI and cloud computing while diversifying beyond their traditional outsourcing operations.
HCLTech's investment will include financial support from the Odisha government, the company said.
The project, based in the state capital of Bhubaneswar, will utilise HCLTech's full-stack AI capabilities and Sarvam's foundation models to offer sector-specific AI applications to both government-owned and private companies.
Last month, HCLTech acquired a 10.5% stake in Sarvam AI for $150 million.
#sarvam #reuters
3 days ago
In a week where an AI model went rogue and broke out of a secure test environment—and in a year where seemingly all we're hearing is how AI can displace large swaths of the workforce—it may come as a surprise when one of the tech's most prominent voices is pushing an optimistic view of the tech, joining the many in his field who have recently walked back comments of how it could negatively impact workers.
"As we enter this next wave with AI, we continue to believe the future is for everyone," Meta CEO Mark Zuckerberg wrote as the caption to a short video on Thursday, harkening back to the company's early years of tech optimism.
"Call us optimists, call us dreamers, call us whatever the ****** you want, but we're betting on people, and we like those odds," the voiceover in the video said.
The video featured montages of people using Instagram, Whatsapp, FaceBook and Meta's Ray-Ban glasses to film touching moments and connect with loved ones, with the backdrop of concerts and snowboarding and laughing children set to calm music as the voiceover framed Meta's AI efforts as doubling down on betting on people, just like the company did 22 years ago with FaceBook.
Marketing experts told Fortune that the Meta video's reliance on nostalgic imagery seemed like a way to redirect attention from AI concerns and to buffer against growing AI fears.
#like #we 're #back #years
"As we enter this next wave with AI, we continue to believe the future is for everyone," Meta CEO Mark Zuckerberg wrote as the caption to a short video on Thursday, harkening back to the company's early years of tech optimism.
"Call us optimists, call us dreamers, call us whatever the ****** you want, but we're betting on people, and we like those odds," the voiceover in the video said.
The video featured montages of people using Instagram, Whatsapp, FaceBook and Meta's Ray-Ban glasses to film touching moments and connect with loved ones, with the backdrop of concerts and snowboarding and laughing children set to calm music as the voiceover framed Meta's AI efforts as doubling down on betting on people, just like the company did 22 years ago with FaceBook.
Marketing experts told Fortune that the Meta video's reliance on nostalgic imagery seemed like a way to redirect attention from AI concerns and to buffer against growing AI fears.
#like #we 're #back #years
4 days ago
By Leo Marchandon
July 23 (Reuters) - SAP's finance chief said on Thursday that artificial intelligence in enterprise software must move beyond chatbots and coding tools into more complex business processes, where clean data, reliability and cost control matter more than access to the most powerful model.
Companies have poured money into generative AI but are still seeking evidence of broad productivity gains, and SAP is arguing that the returns will come less from general-purpose models than from governed systems embedded in specific business processes.
CFO Dominik Asam told reporters after SAP's second-quarter results that the "lion's share" of AI token consumption today was spent in "low-hanging fruits" coding ******* istant and chatbots, where AI's hallucinations matter less because the output carries limited risk if it fails.
But applying AI to finance, supply chain or other core business processes is harder because errors carry over multiple steps, increasing risk against compliance standards, he said.
#coding #matter #marchandon #july
July 23 (Reuters) - SAP's finance chief said on Thursday that artificial intelligence in enterprise software must move beyond chatbots and coding tools into more complex business processes, where clean data, reliability and cost control matter more than access to the most powerful model.
Companies have poured money into generative AI but are still seeking evidence of broad productivity gains, and SAP is arguing that the returns will come less from general-purpose models than from governed systems embedded in specific business processes.
CFO Dominik Asam told reporters after SAP's second-quarter results that the "lion's share" of AI token consumption today was spent in "low-hanging fruits" coding ******* istant and chatbots, where AI's hallucinations matter less because the output carries limited risk if it fails.
But applying AI to finance, supply chain or other core business processes is harder because errors carry over multiple steps, increasing risk against compliance standards, he said.
#coding #matter #marchandon #july
4 days ago
In this episode of Behind the Ticker, Brad Roth, CIO of Thor Financial Technologies, chats with Young Jae Lee, Senior Investment Manager at Pictet ******* et Management about what traditional emerging market ETFs capture, what they don't, and why the Pictet Emerging Markets Rising Economies ETF (RISE) offers true diversification.
Prefer to watch this conversation? You can do that here or on our YouTube channel.
Emerging markets ETFs are secretly tech bets. The top five holdings in the MSCI EM benchmark mirror the top five in the S&P 500 almost sector-for-sector. Buy traditional EM ETFs and you're really just doubling down on the same tech risk.
Pictet's new ETF, RISE, kicks out the biggest names in EM. It excludes Korea, Taiwan, and China entirely, even though those three countries make up more than 70% of the standard benchmark. The bet: real emerging-market exposure means growing working-age populations, not aging economies riding on legacy index weight.
Demographics are EM's version of AI. Borrowing from the Solow Growth Model, Young Jae Lee argues population growth is what actually drives GDP in developing markets like India, Brazil, Indonesia, and Mexico. That demographic engine deserves the same portfolio spotlight in EM allocations that AI gets in US ones.
#traditional #market
Prefer to watch this conversation? You can do that here or on our YouTube channel.
Emerging markets ETFs are secretly tech bets. The top five holdings in the MSCI EM benchmark mirror the top five in the S&P 500 almost sector-for-sector. Buy traditional EM ETFs and you're really just doubling down on the same tech risk.
Pictet's new ETF, RISE, kicks out the biggest names in EM. It excludes Korea, Taiwan, and China entirely, even though those three countries make up more than 70% of the standard benchmark. The bet: real emerging-market exposure means growing working-age populations, not aging economies riding on legacy index weight.
Demographics are EM's version of AI. Borrowing from the Solow Growth Model, Young Jae Lee argues population growth is what actually drives GDP in developing markets like India, Brazil, Indonesia, and Mexico. That demographic engine deserves the same portfolio spotlight in EM allocations that AI gets in US ones.
#traditional #market
4 days ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by a relationship-based community banking model that supported 9.8% annualized net loan growth and improved earning ******* et yields.
Net interest margin expanded by 6 basis points to 3.71%, benefiting from a disciplined shift in earning ******* et mix toward higher-yielding commercial loans.
The bank is intentionally transitioning its portfolio by redeploying runoff from lower-yielding investments and mortgage portfolios into the commercial pipeline.
Management attributed successful loan growth to strategic investments in commercial banking talent, adding 8 experienced bankers year-to-date to capture market share from regional competitors.
#banking
Performance was driven by a relationship-based community banking model that supported 9.8% annualized net loan growth and improved earning ******* et yields.
Net interest margin expanded by 6 basis points to 3.71%, benefiting from a disciplined shift in earning ******* et mix toward higher-yielding commercial loans.
The bank is intentionally transitioning its portfolio by redeploying runoff from lower-yielding investments and mortgage portfolios into the commercial pipeline.
Management attributed successful loan growth to strategic investments in commercial banking talent, adding 8 experienced bankers year-to-date to capture market share from regional competitors.
#banking
4 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.
Achieved 19% year-over-year service revenue growth by successfully replacing lost Rithm-related business with new customer wins across both segments.
Reached a historical milestone with 65% of total service revenue now coming from non-Onity/Rithm customers, the highest diversification since the 2009 IPO.
Attributed the decline in adjusted EBITDA margins to the absence of a prior-year non-recurring benefit and increased investments in leadership and staff to support growth.
Deployed a centralized AI enablement model to accelerate software development and improve operating efficiency, specifically targeting the modernization of the Equator and Hubzu platforms.
#revenue #Growth #reached #onity
Achieved 19% year-over-year service revenue growth by successfully replacing lost Rithm-related business with new customer wins across both segments.
Reached a historical milestone with 65% of total service revenue now coming from non-Onity/Rithm customers, the highest diversification since the 2009 IPO.
Attributed the decline in adjusted EBITDA margins to the absence of a prior-year non-recurring benefit and increased investments in leadership and staff to support growth.
Deployed a centralized AI enablement model to accelerate software development and improve operating efficiency, specifically targeting the modernization of the Equator and Hubzu platforms.
#revenue #Growth #reached #onity
4 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 attributed the second quarter underperformance to unusually adverse conditions in May, where high fuel prices and persistent drought in the Southeast pressured discretionary spending during the peak spring season.
The business model remains resilient in needs-based categories, with consumable, usable, and edible (CUE) products maintaining positive momentum despite broader macro headwinds.
A strategic shift is underway to prioritize the productivity of existing ******* ets over aggressive new store expansion, reflecting a more cautious approach to the current demand environment.
The acquisition of VIP Petcare is intended to bridge a critical gap in the company's pet ecosystem by integrating veterinary services with physical and digital product channels.
#petcare #analysts #Stock #Potential
Management attributed the second quarter underperformance to unusually adverse conditions in May, where high fuel prices and persistent drought in the Southeast pressured discretionary spending during the peak spring season.
The business model remains resilient in needs-based categories, with consumable, usable, and edible (CUE) products maintaining positive momentum despite broader macro headwinds.
A strategic shift is underway to prioritize the productivity of existing ******* ets over aggressive new store expansion, reflecting a more cautious approach to the current demand environment.
The acquisition of VIP Petcare is intended to bridge a critical gap in the company's pet ecosystem by integrating veterinary services with physical and digital product channels.
#petcare #analysts #Stock #Potential
4 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 attributes the 12% comparable EPS growth to the consistent execution of a balanced growth strategy designed to derisk the portfolio and shift toward less capital-intensive business models.
The business mix has successfully transitioned from being FMS-dominant in 2018 to approximately 60% ****** et-light revenue from supply chain and dedicated segments in 2026.
Operational outperformance relative to prior cycles is driven by a high-quality contractual base, with over 90% of revenue now generated by long-term contracts.
Strategic initiatives delivered $70 million in incremental benefits for 2026, focusing on lease pricing, maintenance cost savings, and omnichannel network optimization.
#operational
Management attributes the 12% comparable EPS growth to the consistent execution of a balanced growth strategy designed to derisk the portfolio and shift toward less capital-intensive business models.
The business mix has successfully transitioned from being FMS-dominant in 2018 to approximately 60% ****** et-light revenue from supply chain and dedicated segments in 2026.
Operational outperformance relative to prior cycles is driven by a high-quality contractual base, with over 90% of revenue now generated by long-term contracts.
Strategic initiatives delivered $70 million in incremental benefits for 2026, focusing on lease pricing, maintenance cost savings, and omnichannel network optimization.
#operational
4 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 is successfully converting a record $8.5 billion on-balance sheet deposit base into record net income of $34.8 million, driven by a highly differentiated funding model.
The bank is executing an 'asset optimization' strategy, redeploying $39 million from lower-yielding non-growth loan runoff into higher-yielding commercial loans and PACE ****** sments.
Profitability metrics reached historic highs with return on average ****** ets exceeding 1.4% and return on tangible common equity surpassing 16%.
Operating leverage is improving as the core efficiency ratio remained below 50%, demonstrating the scalability of the platform following multi-year investments in infrastructure.
#million #operating
Management is successfully converting a record $8.5 billion on-balance sheet deposit base into record net income of $34.8 million, driven by a highly differentiated funding model.
The bank is executing an 'asset optimization' strategy, redeploying $39 million from lower-yielding non-growth loan runoff into higher-yielding commercial loans and PACE ****** sments.
Profitability metrics reached historic highs with return on average ****** ets exceeding 1.4% and return on tangible common equity surpassing 16%.
Operating leverage is improving as the core efficiency ratio remained below 50%, demonstrating the scalability of the platform following multi-year investments in infrastructure.
#million #operating
4 days ago
Jamichael Stillwell is a proven performer in the Big 12 Conference, and the former Central Florida forward committed to the Texas Tech men's basketball team on Friday, July 24.
It remains to be seen whether the 6-foot-8, 245-pound forward will ever play for the Red Raiders. He'll need a court injunction to do so. Stillwell is among 16 men's basketball players suing the NCAA for an extra year of eligibility in a complaint filed July 9 in Cobb County, Georgia, according to the Daytona News-Journal.
Stillwell has played four seasons of college basketball in four years. That lumps him in among the many players who are considered out of eligibility under the NCAA's newly approved age-based eligibility model, commonly known as the 5-for-5 rule. The NCAA has said it is not granting a fifth year under the new model to athletes who completed their fourth year of competition during the 2025-26 school year.
More: Texas Tech added about 80 scholarships in 2026-27. Here is sport-by-sport allocation
More: Texas Tech basketball to face Duke again in New York
#stillwell
It remains to be seen whether the 6-foot-8, 245-pound forward will ever play for the Red Raiders. He'll need a court injunction to do so. Stillwell is among 16 men's basketball players suing the NCAA for an extra year of eligibility in a complaint filed July 9 in Cobb County, Georgia, according to the Daytona News-Journal.
Stillwell has played four seasons of college basketball in four years. That lumps him in among the many players who are considered out of eligibility under the NCAA's newly approved age-based eligibility model, commonly known as the 5-for-5 rule. The NCAA has said it is not granting a fifth year under the new model to athletes who completed their fourth year of competition during the 2025-26 school year.
More: Texas Tech added about 80 scholarships in 2026-27. Here is sport-by-sport allocation
More: Texas Tech basketball to face Duke again in New York
#stillwell
4 days ago
"I've heard so many things," he said on the Monday, July 20, episode. "'Why is Giannis with his wife? He could be with a model. Not one model but 10!' But I am with my wife because she tells me the truth. She loves me, she will tell me whenever I do anything wrong. She will tell my kids the truth. I know that she will kill for my kids and she would even kill me for them. I know that she won't let my kids get a big head, and that's the most important thing for me." He added, "I am in love. I am in love with her. As a woman and as a mother."
This article originally appeared on Hoops Hype: "I've heard so many things," he said on the Monday, …
#Monday #heard #tell
This article originally appeared on Hoops Hype: "I've heard so many things," he said on the Monday, …
#Monday #heard #tell
4 days ago
Amazon (AMZN) confirmed on July 22 that it has eliminated positions within its Artificial General Intelligence division — the unit responsible for building large-scale AI models, autonomous agents, and tools such as Nova Act.
The company declined to reveal the exact number of employees affected, though workers involved in model customization, post-training, and data services were among those let go.
Dear **** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to **** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#july #artificial #general #intelligence
The company declined to reveal the exact number of employees affected, though workers involved in model customization, post-training, and data services were among those let go.
Dear **** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to **** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#july #artificial #general #intelligence
4 days ago
Oklo (OKLO), a clean energy technology firm headquartered in Santa Clara, California, was launched in 2013 by CEO Jacob DeWitte and co-founder Caroline Cochran. The firm designs and builds Aurora fast fission powerhouses, compact, modular nuclear reactors capable of generating 15 to 75 megawatts of electricity, while operating an integrated platform for nuclear fuel recycling and production.
Oklo's commercial model covers three main pillars: power generation, nuclear fuel services, and medical and industrial radioisotopes produced via its Groves reactor initiative. Backed by a contracted customer pipeline of over 14 GW across AI data centers, defense, industrial, and government clients, and $2.5 billion in cash secured through a successful $1.2 billion ATM offering, Oklo is positioning itself as a core advanced fission provider for the AI infrastructure market.
Costco Officially Launched Standalone Gas Stations. Don't Count on This Fueling Another Leg Higher in COST Stock.
Hot US Weather Forecasts Boost Nat-Gas Prices
Escalating Global Supply Risks Underpin Crude Oil Prices
#nuclear #prices #launched #billion
Oklo's commercial model covers three main pillars: power generation, nuclear fuel services, and medical and industrial radioisotopes produced via its Groves reactor initiative. Backed by a contracted customer pipeline of over 14 GW across AI data centers, defense, industrial, and government clients, and $2.5 billion in cash secured through a successful $1.2 billion ATM offering, Oklo is positioning itself as a core advanced fission provider for the AI infrastructure market.
Costco Officially Launched Standalone Gas Stations. Don't Count on This Fueling Another Leg Higher in COST Stock.
Hot US Weather Forecasts Boost Nat-Gas Prices
Escalating Global Supply Risks Underpin Crude Oil Prices
#nuclear #prices #launched #billion
4 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
4 days ago
Ironvine Capital Partners, an investment management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The letter emphasizes the vital role of AI adoption in capital markets, highlighting a projected $7 trillion in new debt issuance by 2029 due to increased AI computing investments by hyperscale companies. This trend presents both risks and opportunities. The firm has shifted away from semiconductors during the quarter, as they require 2027 or 2028 spending levels for sustainable returns. The Ironvine Concentrated fund reported a year-to-date return of 11.02% (net), outperforming the S&P 500 Index's 10.21% return. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On July 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $627.17 per share, reflecting a market capitalization of $1.68 trillion. Meta Platforms, Inc. (NASDAQ:META) posted a one-month return of 15.53%, while its shares lost 12.26% over the past 52 weeks.
Ironvine Capital Partners stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q2 2026 investor update:
"Meta Platforms, Inc. (NASDAQ:META) has uniquely powerful data and distribution advantages and the company is investing aggressively in its own artificial intelligence models and compute to make its advertising platform more effective. Meta's core business has among the most straight forward and compelling commercial use cases for AI that we are aware of. More engaging, relevant, and frequently refreshed creative content makes digital ads useful versus simply clutter. One unnamed Ironviner visits Instagram specifically for curated clothing, gear, and gift ideas—he checks in for the ads, not in spite of them, because he is often introduced to new brands and items he hadn't thought of or didn't know existed. For advertisers, the ease and precision of targeting and measuring return on ad spend is powerful. They can refine and improve their approach leveraging Meta's tools to increase efficiency. The company's ability to leverage and improve its own models within this robust and proprietary feedback loop should draw additional advertising dollars and further the company's lead in time. We initiated a position in Meta in our Concentrated strategy and added to our existing position in Core during the second quarter."
#NASDAQ #ironvine #return
In its Q2 2026 investor letter, Ironvine Capital Partners highlighted Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META), the parent company of dominant social media platforms, is a multinational technology company that develops products to connect people. On July 22, 2026, Meta Platforms, Inc. (NASDAQ:META) closed at $627.17 per share, reflecting a market capitalization of $1.68 trillion. Meta Platforms, Inc. (NASDAQ:META) posted a one-month return of 15.53%, while its shares lost 12.26% over the past 52 weeks.
Ironvine Capital Partners stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q2 2026 investor update:
"Meta Platforms, Inc. (NASDAQ:META) has uniquely powerful data and distribution advantages and the company is investing aggressively in its own artificial intelligence models and compute to make its advertising platform more effective. Meta's core business has among the most straight forward and compelling commercial use cases for AI that we are aware of. More engaging, relevant, and frequently refreshed creative content makes digital ads useful versus simply clutter. One unnamed Ironviner visits Instagram specifically for curated clothing, gear, and gift ideas—he checks in for the ads, not in spite of them, because he is often introduced to new brands and items he hadn't thought of or didn't know existed. For advertisers, the ease and precision of targeting and measuring return on ad spend is powerful. They can refine and improve their approach leveraging Meta's tools to increase efficiency. The company's ability to leverage and improve its own models within this robust and proprietary feedback loop should draw additional advertising dollars and further the company's lead in time. We initiated a position in Meta in our Concentrated strategy and added to our existing position in Core during the second quarter."
#NASDAQ #ironvine #return
