Florida State football is upon us.
FSU heads into 2026 with plenty looming over the program after two straight losing seasons from the Seminoles. Ashton Daniels arrives as the latest attempt to solve the quarterback position, five new starters have to come together on the offensive line, the defense is banking on a young group taking a Year 2 leap and hanging over all of it is a coaching staff that most everyone outside the building believes is operating without a safety net.
FanDuel currently has Florida State's over/under set at 5.5 (betting $10 for over would earn you $6.58, under would be $12.40), having dropped from 6.5 in March. For perspective, last season's over-under was 7.5.
In ESPN's preseason FPI rankings, the Seminoles were placed at No. 28, ranking their strength of schedule at No. 22. FPI projects FSU's record as 6.7-5.4, giving it a 71% chance at finishing over 6 wins, a 3.2% chance to win the ACC and a 9.2% chance to make the playoffs.
With fall camp beginning and the countdown to kickoff against New Mexico State a month away, we wanted to dive into seven big questions heading into the season.

#state

Initial reports about San Francisco 49ers head coach Kyle Shanahan claimed he was not at fault for the car crash that occurred on July 14.
According to the California Crash Reporting System database — Case ID 5249308 — Shanahan was allegedly holding and using his cell phone prior to the crash. Still, Shanahan was not considered at fault. It was determined that the 21-year-old woman driving made an unsafe turn, which resulted in the crash. Both airbags were deployed.
The state of California prohibits holding and operating a cell phone while driving, according to Vehicle Code 23123.5(a), but Shanahan was not cited.
Chris Simms said he received pictures from Kyle's wife, Mandy. Simms said, "He was this close to maybe losing his right eye. The scar is so big right here. And he's still battling with this concussion. He's healing. His face looks a whole lot better, but this concussion, of course, being part of that kind of accident, is lingering, and it's giving him issues."
Here's more from Simms, via PFT live on Monday:

#shanahan #fault

Tony Romo has gone through several ups and downs as the lead NFL game **** yst at CBS Sports, and now he faces legal trouble as well.
The former Dallas Cowboys quarterback is a polarizing figure on the air in CBS' No. 1 broadcast booth, and his reputation inside the walls of the company has fluctuated in his near-decade in the seat as well. Previous leadership infamously met with him for an intervention of sorts in 2022, shortly after he signed a whopping 10-year, $180 million contract with the network.
In the years since, he called another Super Bowl — in a mostly strong performance that was partly overshadowed when he stepped on partner Jim Nantz's call of the game-winning touchdown — but has continually made high-profile mistakes and drawn the ire of NFL diehards.
Still, in the aftermath of Romo's OWI (operating while intoxicated) arrest in Wisconsin last week, CBS management is seemingly standing behind him. A new report from the Daily Mail contains several quotes from executives at the company who backed Romo, one of whom told the British outlet that Romo "isn't going anywhere."
Some in the industry have speculated that the arrest could be an ideal excuse for CBS to part ways with Romo, who had seemingly been on thin ice at the network in the past. And with the caveat that this report — and other follow-ups — are coming mostly from tabloids, Romo appears to be safe.

#company

By Yantoultra Ngui and Selena Li
SINGAPORE/HONG KONG, July 27 (Reuters) - Investors are expected to scrutinise whether Shein can justify the $40 billion to $50 billion valuation it is seeking in a Hong Kong initial public offering after a prospectus filed ‌on Sunday showed slowing growth and a sharp decline in profitability.
Revenue rose 8% to $41.8 billion in 2025, but net ‌income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed.
While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.
"Institutional investors on the HKEX (Hong Kong Stock Exchange) will ... zero in on the 2.9% operating margin," said Winston Ma, executive director of the Global Public Investment Funds Forum and a former managing director at the China Investment Corporation.

#hong

By Yantoultra Ngui and Selena Li
SINGAPORE/HONG KONG, July 27 (Reuters) - Investors are expected to scrutinise whether Shein can justify the $40 billion to $50 billion valuation it is seeking in a Hong Kong initial public offering after a prospectus filed on Sunday showed slowing growth ‌and a sharp decline in profitability.
Revenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first ‌quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed.
While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.
"Institutional investors on the HKEX (Hong Kong Stock Exchange) will ... zero in on the 2.9% operating margin," said Winston Ma, executive director of the Global Public Investment Funds Forum and a former managing director at the China Investment Corporation.

#hong #billion #slowing

Crypto exchange BitMart said Sunday it will wind down its trading platform after nine years, sending its BMX token crashing and marking the second major crypto exchange to announce its closure in a week.
The exchange stopped taking new registrations, deposits, and orders from 01:30 UTC on Sunday. All spot and derivatives trading ends August 26, and the platform formally shuts on January 31, 2027.
The platform added that it "remains committed to managing this wind-down process in a responsible, orderly, and transparent manner." Withdrawals remain open, though BitMart warned that identity, device, sanctions, and source-of-funds checks could slow processing as users rush to exit.
BitMart blamed its "operating conditions, market environment, and future strategic direction," without saying which forced the decision. BMX, its exchange token, has crashed 81% over the past week to $0.057, cutting its market value to $19.6 million, according to CoinGecko data.
The platform lost $196 million to a hot-wallet breach in December 2021, one of the larger exchange hacks of that cycle, and covered customer losses.

#bitmart #Crypto #token #week

This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter.
The Sonder name is getting a second chapter: Vancouver-based TravelAI announced today it is acquiring Sonder's brand and intellectual property, including its trademarks and domain names, according to a Monday news release shared with Hotel Dive.
The acquisition, which did not include "Sonder's operating business, including its properties, leases, inventory, or staff," per the release, follows Sonder's November 2025 split from Marriott International and subsequent bankruptcy filing.
The move relaunches Sonder.com as a "curated, AI-enabled guide," powered by "the memory infrastructure TravelAI is building for the travel industry," which collects users' tastes, preferences and history over time, rather than starting from scratch, per the release. The website is live as of July 27.
The new Sonder provides travelers with a curated selection of boutique hotels and urban accommodations in major cities around the world chosen for their design, neighborhood and quality, per the release.

#dive #including

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter.
Ryder System is seeing more opportunities surface for its dedicated transportation solutions segment as capacity continues to exit the market, executives shared during the company's Q2 earnings call held July 23.
Operating revenue for the segment fell 3% year over year in Q2, but Ryder expects its fleet count to turn positive in Q4 or early 2027 as sales activity strengthens.
"Our pipelines are at record levels for us right now," CEO John Diez said during the call. "We've seen a number of opportunities come back where customers have been running their transportation with for-hire carriers, and they're looking for dedicated capacity and coming back to us."
Ryder's dedicated transportation solutions business — which provides customers with dedicated fleets, drivers and transportation services under longer-term contracts — is seeing demand improve although the recovery has yet to translate into fleet growth.

#dedicated #Transportation

Kia Corporation announced a 2.3% rise in net profits to KRW 2,327.8 trillion (US$ 1.59 billion) for the second quarter of 2026, up from KRW 2,268.2 trillion a year earlier, with US import tariffs and higher sales incentives offset by record global vehicle deliveries. Operating profits fell by 4.9% to KRW 2,628.5 trillion.
The South Korean automaker reported a 12.6% increase in global sales revenues to a record KRW 33,037.0 trillion in the three-month period, while global wholesale deliveries rose by 4.5% to 851,639 vehicles – including 154,816 units in South Korea and 696,823 units overseas. The company was not affected by the component shortages that held back Hyundai Motor's second-quarter results.
Sales of electrified vehicles jumped 60% to 296,000 units, accounting for 35% of Kia's global sales, driven by strong hybrid-electric vehicle (HEV) sales in the US and higher battery electric vehicle (BEV) demand in South Korea and Europe. Total HEV retail sales rose by 61% to 178,000 units, helped by the launch of the new Telluride and Seltos models, with sales in the US surging by 152% to 66,000 units, while total BEV retail sales surged by 88% to 110,000 units.
Kia said it expects solid business results in the second half of 2026 to enable it to meet its full-year guidance, "supported by competitive new model offerings and sustained BEV and HEV demand." The company is targeting 3.35 million global vehicle sales in 2026, supported by the launch of new BEV models in Europe and a recovery in Middle Eastern demand.
In the US, Kia said that its plans to expand production capacity of the Telluride SUV, including hybrid variants, and the ramp up of deliveries of the Sportage hybrid produced at the Hyundai Motor Group Metaplant America (HMGMA) will help enhance profitability.

#units

The memory maker no longer leads with the cost-cutting story that once defined it, and the bet you own has changed under you.
If you bought Micron Technology (MU) for the company it used to describe, you may not own that company anymore. For years management sold a familiar story: a disciplined memory maker grinding its costs lower through a brutal boom-and-bust cycle. On its most recent earnings call, dated late June 2026, that language barely surfaced, and what management led with instead was contracts.
What Happened To The Get-Cheaper Story?
The old scorecard was costly. Here is how management framed fiscal 2025 on a 2024 call: "expect fiscal 2025 NAND cost reductions to be in the low-to-mid teens." That kind of cost-down guidance is absent from the latest call. Management now expects blended DRAM cost per bit to rise, not fall, as the product mix shifts toward pricier, higher-performance parts. The metric that once proved operating discipline has flipped direction, and management sounds untroubled by it.
So What Is Micron Selling Investors Now?

#management #cost #company

Northrop Grumman Corporation (NYSE:NOC) beat quarterly expectations, secured $20 billion in net awards, reported record backlog, and raised its 2026 sales and MTM-adjusted earnings forecasts. Yet the shares closed 2.23% lower at $512.29 on July 21.
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.

#adjusted #forecasts #much

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Delivered strong first-half momentum by balancing volume growth and price/mix, achieving organic revenue growth at the high end of the long-term algorithm.
Leveraged the FIFA World Cup activation to drive record beverage incidence of over 80% at venues, utilizing integrated marketing to engage consumers across 180 markets.
Navigated an uneven global consumer environment by sharpening Revenue Growth Management (RGM) toolkits, balancing affordability for pressured consumers with premiumization for resilient segments.
Achieved broad-based volume growth across all operating units, supported by the relaunch of Mr. Pibb and continued expansion of Coca-Cola Zero Zero into evening consumption occasions.

#balancing #NVIDIA

Morgan Stanley's new spot Solana ETF (MSOL) holds actual SOL tokens on NYSE Arca and charges a competitive 0.14% annual fee.
SOL has dropped 41% year-to-date and 60% over the past year, making MSOL a high-risk bet despite 136% gains over five years.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Morgan Stanley has entered the spot crypto ETF market with the launch of the Morgan Stanley Solana Trust (NYSEARCA:MSOL), a fund that holds actual Solana tokens and is listed on NYSE Arca. It is the firm's first exchange-traded product tied directly to a single cryptocurrency, and it arrives at a moment when Solana, the blockchain once best known for hosting meme coins, is trying to sell itself to Wall Street as serious financial infrastructure.
The trust charges a unitary Delegated Sponsor Fee accrued daily at an annualized rate of 0.14% of the Trust's net ****** et value, or about $14 a year on a $10,000 investment. According to the prospectus, Morgan Stanley Investment Management Inc. agrees to pay the trust's ordinary operating expenses out of that fee, excluding taxes and extraordinary or litigation expenses. The sponsor is a wholly owned subsidiary of Morgan Stanley, one of the largest ****** et managers in the world.

#sponsor

The physical infrastructure enabling artificial intelligence requires considerably more than just high-performance accelerators and primary grid connections. It also relies on millions of high-density connectors, backplane interconnects, and power-filtering devices to connect rack-level structures, areas where TE Connectivity plc (NYSE:TEL) holds a significant bottleneck position. As hyperscalers and enterprise data center operators ramp up capital expenditure deployment around the world, demand for critical electrical connector systems has transformed from a passive secondary tailwind to a direct beneficiary of the AI growth cycle.
The company's fiscal third-quarter 2026 report showed this demand in real time, with record top-line performance, order velocity, and profitability. Despite exceeding Wall Street expectations in every fundamental indicator, shares fell roughly 7% following the release, indicating the market's focus on sequential forecast trends over historical trailing figures.
Operational execution in the third quarter set new highs across numerous business areas. Net revenue increased 14% year-over-year to $5.16 billion, above Wall Street expectations by more than 3%. Adjusted earnings per share rose 22% year-over-year to $2.94, exceeding the average estimate of $2.85. The report's defining metric was order flow, which increased 27% year-over-year to a record $5.7 billion, reflecting over $1 billion in incremental booking expansion vs. the prior year period. Meanwhile, profitability increased significantly, with adjusted operating margins improving 90 basis points to 22% and quarterly free cash flow totaling $883 million.
The underlying sector distribution highlights where AI momentum is growing the fastest. Industrial Solutions revenue increased 22% year-over-year to $2.58 billion, driven mainly by data center rack deployments and energy infrastructure growth. Chief Executive Officer Terrence Curtin stated that AI cloud momentum is far above initial multi-year predictions, with data center connection and power distribution orders rising more than 70% year-to-date.
Moreover, to back up its power-handling portfolio, TE Connectivity plc (NYSE:TEL) signed a $1.4 billion formal agreement to acquire Astrodyne TDI. The acquisition includes specialized power management and electromagnetic filtering solutions for critical industrial, semiconductor, and defense applications, providing approximately $250 million in annual revenue to the Industrial Solutions segment once completed.

#year #solutions #revenue

RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.

#sales #adjusted #forecast #increase

All or nothing. Nothing else matters. Super Bowl or bust. Bold statements like these are as expected from pro athletes as they are cliché. It's a mindset NFL fans demand to hear from their favorite players and it's a mindset that some fans even take on themselves. Some fans might say it out loud so many times they actually believe it.
When Dak Prescott recently said the Dallas Cowboys had Super Bowl expectations, no one batted an eye. Throughout his career, Prescott has led some of the best offenses in the NFL. 2026 is shaping up to be more of the same with Prescott operating at the top of his game and his **** nal of weapons having never looked better.
Yet the Cowboys defense provides some unavoidable cause for concern. They are coming off a season where they were at or near the bottom of the NFL in almost all major categories and they enter 2026 with more than a few major questions left to answer. But coming off a 7-9-1 campaign and having missed the postseason for two consecutive years, how realistic are Super Bowl expectations in 2026?
"It's always been my mindset," Prescott said of his Super Bowl expectations. "It's the one thing I truly love about the Cowboys organization and the fanbase. It's all or nothing."
It's possible Prescott actually believes this but it's far more likely he's saying what he feels he's supposed to say. It's hard to believe anyone outside of maybe the Los Angeles Rams or Seattle Seahawks actually believes this "all or nothing" mantra this season. The investments those two teams made are significant, and based on recent play, the extreme expectations for them are realistic. The Cowboys have neither of those factors working in their favor.

#cowboys #fans

Bayer Leverkusen have entered negotiations with Olympique de Marseille over the potential signing of Facundo Medina, with the Argentina international emerging as one of the club's primary defensive targets this summer.
According to reports, discussions between the two clubs are already underway. Medina, who recently featured for Argentina in the World Cup final, is viewed as an experienced and versatile addition capable of operating both as a centre-back and on the left side of defence.
The 27-year-old only joined Marseille recently but has quickly attracted interest following his impressive performances at both club and international level. His versatility and composure in possession reportedly make him an ideal fit for Leverkusen's style of play.
Leverkusen's recruitment drive is not limited to central defence, however. The club also continue to monitor KRC Genk full-back Zakaria El Ouahdi as they explore options to strengthen the right side of their defence, too.
The Moroccan international has been on Leverkusen's radar for some time and remains an alternative should the club decide to add another full-back before the transfer window closes. While no agreement has yet been reached, El Ouahdi is still considered a realistic option.

#side

One of Wall Street's largest publicly traded companies, Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), has entered a new era. With Warren Buffett officially retiring as CEO on Dec. 31, 2025, after more than half a century at the helm, it's his protégé, Greg Abel, now calling the shots.
Berkshire's more than five dozen owned companies more or less run themselves. The focus of Berkshire Hathaway's operating results tends to be on what, if any, moves have been made in the company's $352 billion investment portfolio. Although Abel has been an aggressive buyer of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) stock of late, stock market dynamics strongly suggest he was a net seller of equities in the second quarter.
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 »
If accurate, this would mark the 15th consecutive quarter that Buffett and/or Abel have sold more stocks than they've purchased.
As of March 31, Warren Buffett and Greg Abel had collectively sold approximately $194.8 billion more in stocks than they've purchased since Oct. 1, 2022. While some investors had postulated that Buffett was raising cash to give Abel a treasure chest to work with when he took over, the more likely catalyst behind this selling is the stock market's otherworldly valuation.

#abel #signal #NYSE

Ardagh Group has reported a 16% reduction in Scope 1 and 2 emissions at its metal packaging business since 2020, according to the company's 2025 Sustainability Report.
The document covers the group's two operating units, Ardagh Metal Packaging (AMP) and Ardagh Glass Packaging (AGP), and sets out developments in environmental, social and governance measures.
In its climate data, AMP recorded a 16% decline in Scope 1 and 2 emissions, as well as an 18% fall in Scope 3 emissions since 2020.
AGP posted a 17% reduction in Scope 1 and 2 emissions and an 11% reduction in Scope 3 emissions over the same period.
Renewable power represented 47% of AMP's electricity consumption and 25% of AGP's electricity consumption.

#ardagh #reduction #since #electricity

Honda Motor and Nissan Motor plan to collaborate in the development of a new software operating system (OS) for their next-generation vehicles, as the two ****** anese automakers look to cut vehicle development and production costs amid intensifying global competition, according to local reports citing a source familiar with the matter.
As the automotive industry moves towards software-defined vehicles (SDVs), software and electronic hardware account for an increasing proportion of the cost of a vehicle, as advanced driver ****** istance systems (ADAS), autonomous driving, connected technologies, and AI ****** istants become core features in next-generation vehicles.
Nissan and Honda, which pulled back from a full merger in early 2025, have been discussing collaboration in a number of areas, including SDVs, and EV batteries and powertrain components.
These latest reports suggest that a new OS, which serves as the brain of a vehicle, will be developed based on Nissan's existing OS. The two companies also plan to share key electronic hardware, including electronic control units (ECUs), with a formal agreement expected to be announced next month.
The decision to standardise software and electronic hardware was apparently made following recent progress in preliminary joint development.

#software #development #vehicles #hardware

Marvell Technology (NASDAQ:MRVL) primarily earns revenue by developing data infrastructure semiconductor solutions and system-on-a-chip architectures for enterprise clients across the globe.
It was officially added to the S&P 500 index on June 22, 2026, and it reported a 52% gross margin for the quarter ended May 2, 2026.
UiPath (NYSE:PATH) primarily earns revenue by delivering a software ecosystem focused on robotic process automation to organizations in various commercial and government settings.
While launching new artificial intelligence features for its Automation Suite on May 5, it recorded an 81% gross margin for the quarter ended April 30, 2026.
Tracking revenue helps investors understand the total volume of money a business brings in before operating expenses or taxes are deducted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.

#revenue #Margin #quarter

While markets data shows that the global market for dining out is projected to grow from $1.9 trillion now to more than $3 trillion by 2030, many individual chains that were popular in another era are struggling to survive amid changing consumer trends.
U.S. chains like Smokey Bones, Peet's Coffee, and Joe's Crab Shack have collectively closed dozens of locations this year. Meanwhile, over in the United Kingdom, Leon and The Real Greek both nearly halved their store locations in 2026 despite once going through a period of rapid expansion that made them well-recognized chains in the country's major cities.
With the first location opening in the Greater London borough of Enfield in 1974, the restaurant chain Beefeater has, over several generations, earned a reputation for being a family-friendly steakhouse chain serving grilled steak cuts, burgers, and fish and chips at more accessible prices.
At its peak, the chain had approximately 140 standalone and Brewers Fayre brewery-attached locations in the United Kingdom and Ireland. But amid soaring operating costs the hotel and dining company Whitbread confirmed plans to shutter all remaining 106 restaurants by September.
Earlier in the year, Whitbread announced a restructuring plan that aims to bring down annual costs down costs by £250 million ($333 million USD).

#kingdom

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

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter.
Bryan Hipsher was named chief financial officer of Dow Jones, the professional news and services division within News Corp. that includes The Wall Street Journal and MarketWatch. Hipsher, who will join the company on Sept. 8, most recently spent seven years as CFO of Dun & Bradstreet. He earlier was a senior vice president of finance at Black Knight. He started his career at Fidelity National Financial and Fidelity Information Services. Hipsher replaces interim CFO Brian Carlesimo, who has been in the role since January. Carlesimo, who has been senior vice president of finance at Dow Jones since 2025, stepped in for Jared DiPalma when he became deputy CFO of News Corp.
Chanel has appointed Helene de Tissot as its ⁠new chief financial officer, starting in October. De Tissot will join the French luxury fashion company in October. For the last 23 years, she has worked at French distiller Pernod Ricard, the owner of spirits brands including Absolut vodka and Jameson whiskey. She has been executive vice president of finance and IT of Pernod Ricard since 2018, according to her LinkedIn profile. De Tissot succeeds Philippe Blondiaux, who is retiring at the end of the year. Blondiaux has been CFO since 2011.
Pernod Ricard promoted Mauve Croizat to EVP of finance and technology, effective Oct. 1, to succeed Helene de Tissot. Croizat has worked at Pernod Ricard for almost 20 years, where she has held senior leadership positions across finance, business development and general management in France, the U.S. and Sweden. She was most recently global senior vice president of transformation, a role she has held since 2023.
Sharon McCollam, president and chief financial officer of Albertsons, will retire later this year. The company is currently looking for her replacement, and McCollam will remain in her role at the food and drug retailer until her successor is named. She will then remain with the company in an advisory capacity until Feb. 27, 2027. McCollam retired from Best Buy in 2016, where she was EVP, chief administrative officer and CFO, before joining Albertsons in 2021. She previously held leadership positions at Williams-Sonoma, including chief operating officer and chief financial officer.

#financial

Alphabet, the parent company of Google, reported a 298% rise in net income to $112.1bn for the second quarter of 2026 (Q2 2026), compared to $28.2bn in the same period the previous year.
Earnings per share (EPS) increased by 294% to $9.11 from $2.31 in Q2 2025.
The company's revenue grew by 24% to $119.8bn, compared to $96.4bn in the second quarter of 2025. Alphabet attributes this growth to robust performance across its operations, marking the 12th consecutive quarter of achieving double-digit revenue growth.
Operating income for the reported quarter increased year-over-year by 30% to $40.8bn.
Alphabet also recorded a net gain of $98bn in other income, primarily due to unrealised gains on equity securities.

#alphabet #reported

Space Exploration Technologies (NASDAQ: SPCX) has already taken investors on a wild ride. Shares of the company are down nearly 46.9% from its post-initial public offering (IPO) high of $225.64 and even below its IPO price of $135 (as of July 20).
Investors can buy roughly 8.34 shares of ******* eX with $1,000. The company currently has approximately 13.2 billion shares outstanding, implying a market capitalization of nearly $1.58 trillion. This implies that the company is currently trading at nearly 40.4 times ******* ysts' estimated 2026 revenue of $39.1 billion.
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 »
Hence, ******* eX is still trading at a premium valuation that ******* umes near-perfect execution.
SpaceX's connectivity segment, powered by the Starlink satellite network, generated $11.4 billion in revenue and $4.4 billion in operating profit in 2025. Starlink also exited the first quarter of 2026 with 10.3 million subscribers, up 105% year over year. However, Starlink's average revenue per user fell 23% year over year to $66 in the first quarter, as ******* eX expanded into lower-priced international markets.

#company #revenue

Tesla (NASDAQ:TSLA), the global electric-vehicle, battery storage, and autonomous driving platform, closed at $319.69, down 14.52%. Thursday's drop followed an earnings miss and heavier AI and robotics spending. Investors will continue watching margins with another focus on autonomous-driving guidance next.
Trading volume reached 114.2 million shares, coming in about 131% above its three-month average of 49.4 million shares.
Tesla IPO'd in 2010 and has grown 20,006% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.21% to 7,408.30, and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among electric vehicle manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.46, down 4.19%, and Lucid Group (NASDAQ:LCID) closed at $6.45, down 4.87%, reflecting pressure across EV names.
Tesla's revenue soared in Q2, driven by a surge in EV unit volume. Deliveries jumped 25% year over year, and revenue gains came close to matching that. Yet profits dropped, and free cash flow turned negative as operating expenses and capital spending soared.
Analysts lowered their price targets for Tesla following the earnings miss, citing margin pressure and cautious guidance on autonomous driving.
The future direction of Tesla stock will depend on what investors prioritize. Competition in the EV market has put pricing pressure on Tesla, which it is offsetting with volume. But that additional revenue isn't reaching the bottom line because of the company's growth investments and expenses.

#revenue

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July 23, 2026 5:13 pm ET
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SAP posted higher revenue in its latest quarter, but lowered its operating profit guidance for the current fiscal year citing a sequential deceleration in growth.

#posted

Interested in Southwest Airlines Co.? Here are five stocks we like better.
Southwest Airlines posted a strong Q2 with adjusted EPS of $0.94, record revenue of $8.7 billion, and a 20.3% jump in adjusted operating revenue despite only 0.2% capacity growth. Management said the results show the earnings power of its commercial transformation.
Revenue initiatives are driving growth, including bag fees, product changes, online travel agencies, and stronger corporate demand. Managed business revenue rose 30% year over year, Rapid Rewards enrollment climbed 35%, and Chase card acquisitions increased 28%.
Southwest trimmed its full-year profit outlook to adjusted EPS of $3.25 to $4.25 as fuel costs remained elevated and fuel expense rose nearly $900 million year over year in Q2. Even so, the airline generated $500 million in operating cash flow, ended with $5.3 billion in liquidity, and maintained a solid leverage profile.
MarketBeat Week in Review – 07/06 - 07/10

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Interested in Nokia Corporation? Here are five stocks we like better.
Nokia posted stronger Q2 2026 results, with 9% constant-currency net sales growth and improved margins. Network Infrastructure led the gain, while comparable operating profit rose to EUR 434 million and gross margin increased to 46%.
AI and cloud demand was a major growth driver, with sales from those customers more than doubling to EUR 446 million and order intake reaching EUR 2.8 billion. Management warned the orders were lumpy and that about half should convert to revenue within the next 12 months.
Nokia highlighted strategic investments in AI-RAN and optical capacity, including the launch of its first commercial AI-RAN platform and expansion of manufacturing in San Jose, Pennsylvania, and Arizona. The company also maintained its outlook, though it expects third-quarter mobile margins to dip before improving later in the year.
The New Nokia: A Bullish Upgrade Ignites This Big AI Bet

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