26 mins. ago
A covered call ETF is a fund that owns a portfolio of stocks — often an index like the S&P 500 or Nasdaq-100 — and simultaneously sells (or "writes") call options — either on those individual holdings or on the index itself — against that portfolio. The premiums it collects from selling those options are passed through to shareholders as income, typically paid monthly. That option income is what powers the eye-catching yields these funds advertise.
The strategy is called covered because the fund actually owns the underlying stocks it's writing options against as opposed to a naked call, where the seller doesn't own the shares. Owning the stock covers the obligation, capping the risk of the options position itself.
To understand the yield, you need to understand what a call option is. When you sell a call option, you give the buyer the right to purchase a stock from you at a set price (the "strike price") at or before a set date. In exchange, the buyer pays you a fee upfront, known as the premium.
If the stock stays below the strike price, the option expires worthless, the buyer walks away, and you keep the premium as pure profit. A covered call ETF does this over and over, month after month, across its entire portfolio, collecting a steady stream of premiums that it distributes to shareholders. That's the income engine.
The premium is larger when the underlying stock is more volatile — which is why covered call funds on volatile **** ets (tech stocks, or single names) can advertise dramatically higher yields than those on the broad, steadier S&P 500.
#call #income #price
The strategy is called covered because the fund actually owns the underlying stocks it's writing options against as opposed to a naked call, where the seller doesn't own the shares. Owning the stock covers the obligation, capping the risk of the options position itself.
To understand the yield, you need to understand what a call option is. When you sell a call option, you give the buyer the right to purchase a stock from you at a set price (the "strike price") at or before a set date. In exchange, the buyer pays you a fee upfront, known as the premium.
If the stock stays below the strike price, the option expires worthless, the buyer walks away, and you keep the premium as pure profit. A covered call ETF does this over and over, month after month, across its entire portfolio, collecting a steady stream of premiums that it distributes to shareholders. That's the income engine.
The premium is larger when the underlying stock is more volatile — which is why covered call funds on volatile **** ets (tech stocks, or single names) can advertise dramatically higher yields than those on the broad, steadier S&P 500.
#call #income #price
38 mins. ago
Wang says CRM and NOW are down 27 to 41% YTD yet post 12 to 25% growth with rising free cash flows, flagging them as undervalued AI plays.
Wang singles out GOOGL and MSFT as best positioned, owning both cloud infrastructure and frontier AI models for dual-layer economics.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Constellation Research Chairman Ray ******* went on CNBC Monday morning to argue that the AI capital cycle has split the megacaps into two camps: hyperscalers with a clear line of sight to AI monetization, and enterprise software names that have been sold off despite growing cash flows.
Both could be good investments today.
#free #names #googl #Microsoft
Wang singles out GOOGL and MSFT as best positioned, owning both cloud infrastructure and frontier AI models for dual-layer economics.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Constellation Research Chairman Ray ******* went on CNBC Monday morning to argue that the AI capital cycle has split the megacaps into two camps: hyperscalers with a clear line of sight to AI monetization, and enterprise software names that have been sold off despite growing cash flows.
Both could be good investments today.
#free #names #googl #Microsoft
1 hr. ago
For three years, owning the Magnificent 7 was the only trade that mattered. Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla drove the majority of the S&P 500's gains and came to represent more than a third of the entire index. But 2026 has been different. The group is on track for its worst year since 2022, the performance within it has splintered dramatically, and investors are rethinking just how much concentration they want. If you want targeted Magnificent 7 exposure, or want to understand how much you already own, these are the three Magnificent 7 ETFs that hold the most.
MAGS, MGK and QQQ are the three largest ETFs that hold all seven Magnificent 7 stocks, with Magnificent 7 weightings of roughly 100%, 56% and 38%, respectively.
MAGS is the only pure play, but it is actively managed and gets most of its exposure through swaps and forwards rather than by owning the shares.
MGK is the cheapest at 0.05%, while QQQ charges 0.18% and MAGS charges 0.30%.
The seven names have splintered in 2026: Amazon is up about 23% while Tesla is down about 28%, a spread of more than 50 percentage points.
#three #amazon #owning #only
MAGS, MGK and QQQ are the three largest ETFs that hold all seven Magnificent 7 stocks, with Magnificent 7 weightings of roughly 100%, 56% and 38%, respectively.
MAGS is the only pure play, but it is actively managed and gets most of its exposure through swaps and forwards rather than by owning the shares.
MGK is the cheapest at 0.05%, while QQQ charges 0.18% and MAGS charges 0.30%.
The seven names have splintered in 2026: Amazon is up about 23% while Tesla is down about 28%, a spread of more than 50 percentage points.
#three #amazon #owning #only
2 hours ago
The company published the arithmetic of its own margin repair, and the first hard proof landed a quarter before the shares started compounding.
CVS Health (CVS) stock has climbed 73% over the past year, from $60.38 to $104.43, against 18.7% for the S&P 500. The group did not move as one: UNH gained 60% and ELV 31%, while CI fell 4.2%. If you watched it run without owning it, the question is not what happened at the top, but what was sitting in the public record before the price responded.
The company puts its fiscal Q1 2026 improvement primarily on Health Care Benefits, the Aetna insurance business. Segment adjusted operating income was about $3 billion on a medical benefit ratio of 85%, against 87% in fiscal Q1 2025, and Aetna contributed over $1 billion of year-over-year improvement. Enterprise adjusted operating income of about $5.2 billion rose more than 12% and adjusted earnings of $2.57 a share rose over 14%, on revenue above $100 billion that grew over 6%. Its two non-insurance segments went the other way, with adjusted operating income down about 7% at Health Services and about 9% at Pharmacy and Consumer Wellness. Full-year 2026 adjusted earnings guidance moved to $7.30 to $7.50 from $7 to $7.20. So the shape of the recovery is clear enough: insurance margin coming back, with the other two segments giving some of it away.
That recovery was no discovery. At its fiscal Q3 2024 results, Health Care Benefits posted an adjusted operating loss of $924 million on a medical benefit ratio of 95%, and management warned the segment might show operating losses for full-year 2024 after earning over $5.5 billion of adjusted operating income in 2023. It then did the arithmetic out loud: restoring Aetna to 2023 profitability was worth well over $3 of embedded adjusted earnings per share. By the fiscal Q4 2024 report it had published the conversion rate too: roughly $0.75 of adjusted earnings per share for each point of Health Care Benefits margin, and about $800 million of segment adjusted operating income for each point of medical cost trend. Medicare Advantage margins had ended 2024 between negative 4.5% and negative 5%, against a 3% to 5% target. That was the promise, and only the promise.
The fiscal Q1 2025 report, the last one public before the run began, is where the swing actually landed: Health Care Benefits adjusted operating income of about $2 billion, up over $1.2 billion from a year earlier, on a medical benefit ratio of 87%, down 310 basis points. Full-year 2025 adjusted earnings guidance went up to $6 to $6.20 from $5.75 to $6, and the company committed to exiting the individual exchange business in 2026, a book then projected to lose $350 million to $400 million across 2025. The base was visibly depressed: revenue over the trailing twelve months was $378.96 billion, up 5.0% year over year, against a three-year average of 8.1%, with net margin at 1.4% against a three-year peak of 2.7%. The evidence was public. Whether it was usable is
CVS Health (CVS) stock has climbed 73% over the past year, from $60.38 to $104.43, against 18.7% for the S&P 500. The group did not move as one: UNH gained 60% and ELV 31%, while CI fell 4.2%. If you watched it run without owning it, the question is not what happened at the top, but what was sitting in the public record before the price responded.
The company puts its fiscal Q1 2026 improvement primarily on Health Care Benefits, the Aetna insurance business. Segment adjusted operating income was about $3 billion on a medical benefit ratio of 85%, against 87% in fiscal Q1 2025, and Aetna contributed over $1 billion of year-over-year improvement. Enterprise adjusted operating income of about $5.2 billion rose more than 12% and adjusted earnings of $2.57 a share rose over 14%, on revenue above $100 billion that grew over 6%. Its two non-insurance segments went the other way, with adjusted operating income down about 7% at Health Services and about 9% at Pharmacy and Consumer Wellness. Full-year 2026 adjusted earnings guidance moved to $7.30 to $7.50 from $7 to $7.20. So the shape of the recovery is clear enough: insurance margin coming back, with the other two segments giving some of it away.
That recovery was no discovery. At its fiscal Q3 2024 results, Health Care Benefits posted an adjusted operating loss of $924 million on a medical benefit ratio of 95%, and management warned the segment might show operating losses for full-year 2024 after earning over $5.5 billion of adjusted operating income in 2023. It then did the arithmetic out loud: restoring Aetna to 2023 profitability was worth well over $3 of embedded adjusted earnings per share. By the fiscal Q4 2024 report it had published the conversion rate too: roughly $0.75 of adjusted earnings per share for each point of Health Care Benefits margin, and about $800 million of segment adjusted operating income for each point of medical cost trend. Medicare Advantage margins had ended 2024 between negative 4.5% and negative 5%, against a 3% to 5% target. That was the promise, and only the promise.
The fiscal Q1 2025 report, the last one public before the run began, is where the swing actually landed: Health Care Benefits adjusted operating income of about $2 billion, up over $1.2 billion from a year earlier, on a medical benefit ratio of 87%, down 310 basis points. Full-year 2025 adjusted earnings guidance went up to $6 to $6.20 from $5.75 to $6, and the company committed to exiting the individual exchange business in 2026, a book then projected to lose $350 million to $400 million across 2025. The base was visibly depressed: revenue over the trailing twelve months was $378.96 billion, up 5.0% year over year, against a three-year average of 8.1%, with net margin at 1.4% against a three-year peak of 2.7%. The evidence was public. Whether it was usable is
2 hours ago
AstraZeneca (AZN) stock took a nosedive Monday amid reports it's mulling a megamerger with Bristol Myers Squibb (BMY).
The combined company would be worth roughly $400 billion, "making it one of the biggest pharmaceutical mergers in history," RBC Capital Markets ******* yst Trung Huynh said in a report. The Financial Times first reported the early merger talks. AstraZeneca declined to comment to Investor's Business Daily. Bristol Myers didn't immediately respond.
The deal would merge two oncology powerhouses, and likely trigger an antitrust review. Bristol Myers fills portfolio gaps in blood cancer, immunology, cardiovascular diseases and central nervous system conditions where AstraZeneca lacks scale today, Huynh said.
AstraZeneca stock tumbled 6.9% to 157.97. Shares are already trading below their 21-day, 50-day and 200-day moving averages. Bristol Myers Squibb stock, on the other hand, inched a fraction higher to 65.47. The stock ended the regular session in a buy zone that runs up to 66.03.
Given the size of the two companies, the deal would likely be mostly stock-based, resulting in Bristol Myers shareholders owning roughly a third of the combined company, William Blair ******* yst Matt Phipps said in a client note. He says $160 billion makes sense as a price tag for Bristol Myers Squibb.
#astrazeneca #huynh #combined
The combined company would be worth roughly $400 billion, "making it one of the biggest pharmaceutical mergers in history," RBC Capital Markets ******* yst Trung Huynh said in a report. The Financial Times first reported the early merger talks. AstraZeneca declined to comment to Investor's Business Daily. Bristol Myers didn't immediately respond.
The deal would merge two oncology powerhouses, and likely trigger an antitrust review. Bristol Myers fills portfolio gaps in blood cancer, immunology, cardiovascular diseases and central nervous system conditions where AstraZeneca lacks scale today, Huynh said.
AstraZeneca stock tumbled 6.9% to 157.97. Shares are already trading below their 21-day, 50-day and 200-day moving averages. Bristol Myers Squibb stock, on the other hand, inched a fraction higher to 65.47. The stock ended the regular session in a buy zone that runs up to 66.03.
Given the size of the two companies, the deal would likely be mostly stock-based, resulting in Bristol Myers shareholders owning roughly a third of the combined company, William Blair ******* yst Matt Phipps said in a client note. He says $160 billion makes sense as a price tag for Bristol Myers Squibb.
#astrazeneca #huynh #combined
3 hours ago
Bayern Munich are planning for the future with Manuel Neuer planning to go into the final season of his career and retire next summer.
From the goalkeeper's entourage, it is said that last season was the season Neuer enjoyed the most in his career to date, reports BILD.
Furthermore, the 40-year-old does not regret his decision to come out of retirement for the German national team at the 2026 World Cup.
Neuer has decided to continue because he feels there's a big chance of crowning his career with another Champions League **** le.
From 2027-28, Jonas Urbig will be the clear No.1 and it has already been discussed with Neuer that Bayern prepare for his succession.
#season #Planning #bild #furthermore
From the goalkeeper's entourage, it is said that last season was the season Neuer enjoyed the most in his career to date, reports BILD.
Furthermore, the 40-year-old does not regret his decision to come out of retirement for the German national team at the 2026 World Cup.
Neuer has decided to continue because he feels there's a big chance of crowning his career with another Champions League **** le.
From 2027-28, Jonas Urbig will be the clear No.1 and it has already been discussed with Neuer that Bayern prepare for his succession.
#season #Planning #bild #furthermore
6 hours ago
During the July 21 episode of CNBC's Mad Money, host Jim Cramer addressed viewer complaints about managing technology allocations as memory and storage stocks experience short-term price surges. Cramer defended his commitment to mega-cap tech leaders, noting that short-term performance gaps do not change the long-term dominance of primary platform owners. Acknowledging recent market movements, Cramer noted:
I certainly don't rebel at owning tech. Hey, my Charitable Trust's largest positions are Apple and NVIDIA, for heaven's sake. Sure, these haven't kept up with Sandisk or Western Digital lately, but they are unique, excellent companies that are making fortunes.
For investors looking for direct, targeted exposure to individual hardware components within the artificial intelligence infrastructure buildout, Cramer outlined a clear breakdown of his preferred market leaders across each category:
So here's my advice: If you want to go own a memory chip maker, I like Micron. If you want GPUs, to me, that's AMD or NVIDIA. If you want CPUs, that's Intel. Racks, call Dell. Optics, make it Corning.
Cramer's framework breaks down the artificial intelligence infrastructure stack into distinct, specialized categories rather than treating the semiconductor sector as a single, uniform trade. At the memory layer, Micron Technology, Inc. (NASDAQ:MU) serves as his primary pick for high-speed DRAM and High Bandwidth Memory modules that feed real-time data into complex AI processors. Storage-focused peers like Western Digital Corporation (NASDAQ:WDC), Sandisk Corporation (NASDAQ:SNDK), and Seagate Technology Holdings plc (NASDAQ:STX) complement the ecosystem by providing the flash storage and mass-capacity hard drives required for secondary data retention, but they operate outside the high-margin primary compute memory layer where Micron Technology, Inc. (NASDAQ:MU) maintains a core competitive advantage.
#cramer #technology #micron
I certainly don't rebel at owning tech. Hey, my Charitable Trust's largest positions are Apple and NVIDIA, for heaven's sake. Sure, these haven't kept up with Sandisk or Western Digital lately, but they are unique, excellent companies that are making fortunes.
For investors looking for direct, targeted exposure to individual hardware components within the artificial intelligence infrastructure buildout, Cramer outlined a clear breakdown of his preferred market leaders across each category:
So here's my advice: If you want to go own a memory chip maker, I like Micron. If you want GPUs, to me, that's AMD or NVIDIA. If you want CPUs, that's Intel. Racks, call Dell. Optics, make it Corning.
Cramer's framework breaks down the artificial intelligence infrastructure stack into distinct, specialized categories rather than treating the semiconductor sector as a single, uniform trade. At the memory layer, Micron Technology, Inc. (NASDAQ:MU) serves as his primary pick for high-speed DRAM and High Bandwidth Memory modules that feed real-time data into complex AI processors. Storage-focused peers like Western Digital Corporation (NASDAQ:WDC), Sandisk Corporation (NASDAQ:SNDK), and Seagate Technology Holdings plc (NASDAQ:STX) complement the ecosystem by providing the flash storage and mass-capacity hard drives required for secondary data retention, but they operate outside the high-margin primary compute memory layer where Micron Technology, Inc. (NASDAQ:MU) maintains a core competitive advantage.
#cramer #technology #micron
2 days ago
He's eating barbecue. He's winning over Joe Rogan. He's challenging his opponent to mano-a-mano televised faceoffs.
James Talarico is determined not to let his GOP challenger Ken Paxton's and Republicans' attacks on his masculinity define him in what has emerged as one of the party's loudest tactics in the crucial Senate race.
The Texas Democrat is working to position himself as a candidate focused on issues he says men actually care about instead of speculation about his diet, **** uality and religious beliefs.
"They've even called me a vegan, and those are fighting words in the state of Texas," Talarico said at a San Antonio rally this summer.
"Nowadays our culture tells young men that greatness is tearing other people down, is trolling and owning and dominating. But my dad showed me what real greatness looks like. He inspired me to serve," Talarico said at another rally in Houston, referencing how his dad often mowed the lawn of his elderly widowed neighbor without asking.
#texas #mano #greatness #james
James Talarico is determined not to let his GOP challenger Ken Paxton's and Republicans' attacks on his masculinity define him in what has emerged as one of the party's loudest tactics in the crucial Senate race.
The Texas Democrat is working to position himself as a candidate focused on issues he says men actually care about instead of speculation about his diet, **** uality and religious beliefs.
"They've even called me a vegan, and those are fighting words in the state of Texas," Talarico said at a San Antonio rally this summer.
"Nowadays our culture tells young men that greatness is tearing other people down, is trolling and owning and dominating. But my dad showed me what real greatness looks like. He inspired me to serve," Talarico said at another rally in Houston, referencing how his dad often mowed the lawn of his elderly widowed neighbor without asking.
#texas #mano #greatness #james
2 days ago
The Detroit Tigers got a haul by trading their ace pitcher – right?
MLB experts don't necessarily agree.
The Tigers traded ace pitcher Tarik Skubal to the Los Angeles Dodgers on Saturday, Aug. 1, for a package of three prospects: outfielder Zyhir Hope, right-handed pitcher River Ryan and right-handed pitcher Brady Smith. Per MLB Pipeline, they were the No. 5, 7 and 17 prospects in the Dodgers' organization, respectively.
The Tigers likely would have gotten a better package had they traded Skubal before the start of the 2026 season, though as it stands, this will likely be the most valued trade return any seller will get at the deadline. But many MLB ****** ysts are still crowning the Dodgers the clear winners in this trade, with varying ****** ysis on how the Tigers made out in their biggest trade in years.
Here's a roundup of trade grades from some of MLB's top experts:
#trade #Experts #package #prospects
MLB experts don't necessarily agree.
The Tigers traded ace pitcher Tarik Skubal to the Los Angeles Dodgers on Saturday, Aug. 1, for a package of three prospects: outfielder Zyhir Hope, right-handed pitcher River Ryan and right-handed pitcher Brady Smith. Per MLB Pipeline, they were the No. 5, 7 and 17 prospects in the Dodgers' organization, respectively.
The Tigers likely would have gotten a better package had they traded Skubal before the start of the 2026 season, though as it stands, this will likely be the most valued trade return any seller will get at the deadline. But many MLB ****** ysts are still crowning the Dodgers the clear winners in this trade, with varying ****** ysis on how the Tigers made out in their biggest trade in years.
Here's a roundup of trade grades from some of MLB's top experts:
#trade #Experts #package #prospects
2 days ago
Frail size and a disappointing showing at the NFL Combine caused Tez Johnson to slip to the seventh round in the 2025 NFL Draft, but so far, nothing has been able to slow the speedster down.
"I think a lot of people are shocked by how fast I am when I'm playing football, because it may not seem like that from the combine," Johnson said after Sunday's practice. "I definitely use my speed to my advantage, for sure."
Heading into his second season with the Tampa Bay Buccaneers, the former Oregon Ducks wideout is only gaining confidence while putting together an impressive training camp. As a rookie, Johnson saw the field in spurts, but still wound up second on the team with five touchdowns. He may not have been ready last year for a sizable role offensively, but everything has changed this offseason.
Johnson has already hauled in multiple touchdowns early in camp from both starting quarterback Baker Mayfield and backup (and former Washington Husky) Jake Browning. The Buccaneers have trusted Johnson's game-breaking speed that he showed with the Ducks, and it's led to massive plays for the offense in camp.
"I think my confidence is just higher than last year," Johnson said. Last year, I was just trying to feel it out and I got kind of thrown in the fire a little earlier than what I expected. (I'm) coming back with the confidence. Having that playing time from last year, it just gave me the confidence that I needed."
#last #think #playing
"I think a lot of people are shocked by how fast I am when I'm playing football, because it may not seem like that from the combine," Johnson said after Sunday's practice. "I definitely use my speed to my advantage, for sure."
Heading into his second season with the Tampa Bay Buccaneers, the former Oregon Ducks wideout is only gaining confidence while putting together an impressive training camp. As a rookie, Johnson saw the field in spurts, but still wound up second on the team with five touchdowns. He may not have been ready last year for a sizable role offensively, but everything has changed this offseason.
Johnson has already hauled in multiple touchdowns early in camp from both starting quarterback Baker Mayfield and backup (and former Washington Husky) Jake Browning. The Buccaneers have trusted Johnson's game-breaking speed that he showed with the Ducks, and it's led to massive plays for the offense in camp.
"I think my confidence is just higher than last year," Johnson said. Last year, I was just trying to feel it out and I got kind of thrown in the fire a little earlier than what I expected. (I'm) coming back with the confidence. Having that playing time from last year, it just gave me the confidence that I needed."
#last #think #playing
3 days ago
Iman Shumpert disagrees with Shaquille O'Neal about the 76ers' ******* le favorite status originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
With the additions of LeBron James and Jaylen Brown to the Philadelphia 76ers' roster, they are now being called one of the favorites to win the 2027 championship. It is fair to have those expectations because adding two Finals MVPs to the roster is a massive boost for the team's chances.
The players who were already in Philly beforehand are happy with the additions. In fact, they actively recruited James to the team, which is a good sign for the team's culture because it seems everyone wants to learn from the four-time Finals MVP, including sophomore guard VJ Edgecombe.
It is easy for people to get ahead of themselves when it comes to discussing championship favorites. That has been normal basketball discourse over the years, but crowning the 76ers is too early, especially with all kinds of elite teams throughout the league.
Shaquille O'Neal believes that this is a championship-or-bust season for the 76ers. Those are some extremely high expectations, but it seems he believes the 76ers can finally end their ******* le drought, especially with LeBron as the biggest name on the team.
#sporting
With the additions of LeBron James and Jaylen Brown to the Philadelphia 76ers' roster, they are now being called one of the favorites to win the 2027 championship. It is fair to have those expectations because adding two Finals MVPs to the roster is a massive boost for the team's chances.
The players who were already in Philly beforehand are happy with the additions. In fact, they actively recruited James to the team, which is a good sign for the team's culture because it seems everyone wants to learn from the four-time Finals MVP, including sophomore guard VJ Edgecombe.
It is easy for people to get ahead of themselves when it comes to discussing championship favorites. That has been normal basketball discourse over the years, but crowning the 76ers is too early, especially with all kinds of elite teams throughout the league.
Shaquille O'Neal believes that this is a championship-or-bust season for the 76ers. Those are some extremely high expectations, but it seems he believes the 76ers can finally end their ******* le drought, especially with LeBron as the biggest name on the team.
#sporting
4 days ago
Welcome to Midnight Mania!
Let's start the night off by taking a look back over the three biggest stories of Friday, July 31, 2026.
Doctor says Conor McGregor's UFC 329 knee injury 'doesn't seem to add up 100 percent': It's quite strange that McGregor seemingly hasn't gone under the knife yet, but perhaps his preferred surgeon hasn't been available?
Sean Strickland instigates cliff jump, immediately saves man from drowning: 'This motherf—kers gonna die': Strickland guarantees at least one insane headline per month — thanks "Tarzan."
Disinterested Dana White reacts to MVP-PFL merger — 'Won't sell tickets and ***** ody will watch': This is a typical Dana response, but MVP events have generally been watched by a whole bunch of people. The Rousey card did White House numbers …
#Friday
Let's start the night off by taking a look back over the three biggest stories of Friday, July 31, 2026.
Doctor says Conor McGregor's UFC 329 knee injury 'doesn't seem to add up 100 percent': It's quite strange that McGregor seemingly hasn't gone under the knife yet, but perhaps his preferred surgeon hasn't been available?
Sean Strickland instigates cliff jump, immediately saves man from drowning: 'This motherf—kers gonna die': Strickland guarantees at least one insane headline per month — thanks "Tarzan."
Disinterested Dana White reacts to MVP-PFL merger — 'Won't sell tickets and ***** ody will watch': This is a typical Dana response, but MVP events have generally been watched by a whole bunch of people. The Rousey card did White House numbers …
#Friday
4 days ago
Blackstone Inc. (NYSE:BX) just posted one of its stronger quarters in years. Profit available to shareholders jumped 26% to $1.52 a share, beating estimates that were clustered around $1.33 to $1.35. Total ******* ets under management grew 11% to $1.35 trillion, and revenue jumped 36% to $5.04 billion. Nine of the firm's ten best-performing investments right now are tied to artificial intelligence. Yet Blackstone's stock is down about 20% so far this year as of July 23, roughly in line with its peers.
Part of the answer is that not every number was strong. Base management fees, one of the metrics ******* ysts watch most closely, came in lighter than expected. The private credit business, which lends money to companies rather than owning them outright, had its second straight quarter of falling profit, down 6% to $373 million. That business also saw its flagship retail fund pull in just $1 billion from wealthy individual investors this quarter, down sharply from $1.9 billion last quarter and $3.7 billion a year ago, as some retail investors grew nervous about private credit generally and pulled money out. President Jon Gray of Blackstone said withdrawal requests have "slowed materially" so far in the current quarter, which is a positive sign, but the pullback itself was real.
This makes you wonder: Is Blackstone Inc. (NYSE: BX)'s AI-driven growth fast enough to keep the whole firm doing well even when other parts are struggling, or is the market right to be cautious?
Blackstone's AI bet goes back to 2021, when it took data center operator QTS private for $10 billion. This quarter, it struck new deals tied to Google's AI chips, Broadcom chip financing, and Anthropic compute, and sold a data center portfolio for $8 billion and a battery storage company for $7 billion. Infrastructure financing is a real fee engine now too, a record $321 million in transaction fees this quarter, nearly double last year. Gray argues Blackstone Inc. (NYSE:BX) deserves a higher valuation than it gets: almost no debt, a dividend yield near 4%, and tech-like growth at a discount to tech multiples. Data center leasing has scaled from 1 gigawatt in 2024 to 2 in 2025 to a pace of at least 7 this year, built on signed contracts with creditworthy clients rather than speculative building. The firm is also expanding abroad, joining a $16 billion Kuwait pipeline deal and planning a new Dubai office.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
#blackstone #data #private
Part of the answer is that not every number was strong. Base management fees, one of the metrics ******* ysts watch most closely, came in lighter than expected. The private credit business, which lends money to companies rather than owning them outright, had its second straight quarter of falling profit, down 6% to $373 million. That business also saw its flagship retail fund pull in just $1 billion from wealthy individual investors this quarter, down sharply from $1.9 billion last quarter and $3.7 billion a year ago, as some retail investors grew nervous about private credit generally and pulled money out. President Jon Gray of Blackstone said withdrawal requests have "slowed materially" so far in the current quarter, which is a positive sign, but the pullback itself was real.
This makes you wonder: Is Blackstone Inc. (NYSE: BX)'s AI-driven growth fast enough to keep the whole firm doing well even when other parts are struggling, or is the market right to be cautious?
Blackstone's AI bet goes back to 2021, when it took data center operator QTS private for $10 billion. This quarter, it struck new deals tied to Google's AI chips, Broadcom chip financing, and Anthropic compute, and sold a data center portfolio for $8 billion and a battery storage company for $7 billion. Infrastructure financing is a real fee engine now too, a record $321 million in transaction fees this quarter, nearly double last year. Gray argues Blackstone Inc. (NYSE:BX) deserves a higher valuation than it gets: almost no debt, a dividend yield near 4%, and tech-like growth at a discount to tech multiples. Data center leasing has scaled from 1 gigawatt in 2024 to 2 in 2025 to a pace of at least 7 this year, built on signed contracts with creditworthy clients rather than speculative building. The firm is also expanding abroad, joining a $16 billion Kuwait pipeline deal and planning a new Dubai office.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
#blackstone #data #private
5 days ago
The MMA landscape is changing, and PFL CEO John Martin is at the helm of what appears to soon be the de facto second-biggest player in the field.
The argument was already there for PFL, but now that an MVP merger has been announced, it seems the promotion has accelerated its momentum and is entering 2027 with its foot on the gas. Martin revealed Thursday that when the calendar flips at the end of this year, the promotion's branding will, too.
"We're going to work to start to integrate the organizations now," Martin told Home of Fight on Thursday. "Our goal is we're going to be fully integrated, and we're going to see the brand change over for the product January 2027. For the rest of this year, we'll be crowning PFL champions. But obviously, we're already thinking like one company. Things will officially cross over with MVP on Jan. 1."
A lot of questions remain coming out of Thursday's announcement, but perhaps none bigger than that of where fight fans will be able to watch the events. MVP MMA held one event on Netflix in 2026, while PFL's deal with ESPN concludes at the end of the year, and renewal seems unlikely.
"I hope so," Martin said of Netflix. "There's not much I can say on that other than I think, whether it's Netflix or other broadcasters, I think this merger is going to catch a lot of attention. I think for anybody who wants to partner with us, to think through it with us about what are the real opportunities and the type of events we can put on now with the strength of the PFL roster, with the strength of the women's boxing MVP has, with the blockbuster live events that it's been successfully able to put on now – not once, twice, three times – but many times. I'm looking forward to those conversations. I'm really excited."
#we 're #netflix #year #Events
The argument was already there for PFL, but now that an MVP merger has been announced, it seems the promotion has accelerated its momentum and is entering 2027 with its foot on the gas. Martin revealed Thursday that when the calendar flips at the end of this year, the promotion's branding will, too.
"We're going to work to start to integrate the organizations now," Martin told Home of Fight on Thursday. "Our goal is we're going to be fully integrated, and we're going to see the brand change over for the product January 2027. For the rest of this year, we'll be crowning PFL champions. But obviously, we're already thinking like one company. Things will officially cross over with MVP on Jan. 1."
A lot of questions remain coming out of Thursday's announcement, but perhaps none bigger than that of where fight fans will be able to watch the events. MVP MMA held one event on Netflix in 2026, while PFL's deal with ESPN concludes at the end of the year, and renewal seems unlikely.
"I hope so," Martin said of Netflix. "There's not much I can say on that other than I think, whether it's Netflix or other broadcasters, I think this merger is going to catch a lot of attention. I think for anybody who wants to partner with us, to think through it with us about what are the real opportunities and the type of events we can put on now with the strength of the PFL roster, with the strength of the women's boxing MVP has, with the blockbuster live events that it's been successfully able to put on now – not once, twice, three times – but many times. I'm looking forward to those conversations. I'm really excited."
#we 're #netflix #year #Events
6 days ago
Social Security's share of older Americans' income climbs with age, reaching 40% among those 80 and older.
Most older adults supplement Social Security with wages, pensions, retirement funds, and income from ****** ets.
You may envision relying on Social Security during retirement, but the data shows older adults tend to depend on other income sources.
About 19% of Americans 65 and older rely on Social Security for 90% or more of their income, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the ****** ysis: wages, pension and retirement fund payments, along with income from ****** ets. The report matched individual tax records with survey responses.
All told, Social Security accounted for 30% of income among Americans 65 and older, with wages contributing 27%, pensions and retirement funds 24%, and ****** et income 12%, the report found. The last category includes interest and dividends, as well as income from renting out property or owning a business.
#pensions
Most older adults supplement Social Security with wages, pensions, retirement funds, and income from ****** ets.
You may envision relying on Social Security during retirement, but the data shows older adults tend to depend on other income sources.
About 19% of Americans 65 and older rely on Social Security for 90% or more of their income, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the ****** ysis: wages, pension and retirement fund payments, along with income from ****** ets. The report matched individual tax records with survey responses.
All told, Social Security accounted for 30% of income among Americans 65 and older, with wages contributing 27%, pensions and retirement funds 24%, and ****** et income 12%, the report found. The last category includes interest and dividends, as well as income from renting out property or owning a business.
#pensions
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Warrior Met Coal, Inc. (NYSE:HCC). Warrior Met Coal, Inc. (NYSE:HCC) is a non-thermal metallurgical coal producer. On July 27, 2026, Warrior Met Coal, Inc. (NYSE:HCC) stock closed at $80.66 per share. One-month return of Warrior Met Coal, Inc. (NYSE:HCC) was -0.62%, and its shares gained 52.30% over the past 52 weeks. Warrior Met Coal, Inc. (NYSE:HCC) has a market capitalization of $4.26 billion.
O'Keeffe Stevens Advisory stated the following regarding Warrior Met Coal, Inc. (NYSE:HCC) in its Q2 2026 investor update:
"Warrior Met Coal, Inc. (NYSE:HCC): Unsurprisingly, a commodity-producing company's stock experienced Signiant volatility during the quarter. Had the quarter ended one month prior, it's possible we would have been talking about Warrior as a top performer during the quarter. On May 23, 2026, a gas explosion at a coal mine in Shanxi province killed 82 workers, making it China's deadliest coal mining accident since at least 2009. The blast occurred at the privately owned Liushenyu mine in the coal-belt region of Shanxi, and a deadly gas explosion occurred at the Liushenyu Coal Mine in Qinyuan county with 247 workers underground; all four coal mines under Tongzhou Group suspended operations following the incident, driving met coal prices higher. Blue Creek remains the next leg of the story. Increasing production and sales volume at this mine should drive revenue and EPS growth, even in the face of an overall weaker met coal pricing environment."
#coal #stevens #firm
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Warrior Met Coal, Inc. (NYSE:HCC). Warrior Met Coal, Inc. (NYSE:HCC) is a non-thermal metallurgical coal producer. On July 27, 2026, Warrior Met Coal, Inc. (NYSE:HCC) stock closed at $80.66 per share. One-month return of Warrior Met Coal, Inc. (NYSE:HCC) was -0.62%, and its shares gained 52.30% over the past 52 weeks. Warrior Met Coal, Inc. (NYSE:HCC) has a market capitalization of $4.26 billion.
O'Keeffe Stevens Advisory stated the following regarding Warrior Met Coal, Inc. (NYSE:HCC) in its Q2 2026 investor update:
"Warrior Met Coal, Inc. (NYSE:HCC): Unsurprisingly, a commodity-producing company's stock experienced Signiant volatility during the quarter. Had the quarter ended one month prior, it's possible we would have been talking about Warrior as a top performer during the quarter. On May 23, 2026, a gas explosion at a coal mine in Shanxi province killed 82 workers, making it China's deadliest coal mining accident since at least 2009. The blast occurred at the privately owned Liushenyu mine in the coal-belt region of Shanxi, and a deadly gas explosion occurred at the Liushenyu Coal Mine in Qinyuan county with 247 workers underground; all four coal mines under Tongzhou Group suspended operations following the incident, driving met coal prices higher. Blue Creek remains the next leg of the story. Increasing production and sales volume at this mine should drive revenue and EPS growth, even in the face of an overall weaker met coal pricing environment."
#coal #stevens #firm
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Callaway Golf Company (NYSE:CALY). Callaway Golf Company (NYSE:CALY) is a global manufacturer of golf equipment, golf and lifestyle apparel, and other accessories. On July 27, 2026, Callaway Golf Company (NYSE:CALY) closed at $18.27 per share, reflecting a market capitalization of $3.28 billion. Callaway Golf Company (NYSE:CALY) posted a one-month return of -2.77%, while its shares gained 89.72% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Callaway Golf Company (NYSE:CALY) in its Q2 2026 investor update:
"Callaway Golf Company (NYSE:CALY): Post the announced sale of their TopGolf business, the next catalyst to the story is demonstrating the clean, high-quality business of the remaining club, ball, and apparel business. Q1 net sales rose 9.2% to $687.5m, adjusted EBITDA climbed 31.1% to $163.7 million, and non-GAAP net income from continuing operations increased 96%, with gross margin up roughly 260 basis points, absorbing about $18m of incremental tariX expense. Management raised its full-year outlook, and the summer thus far has been a net positive for the golf industry. On capital return, through April 30, Callaway repurchased 5.6 million shares at an average cost of $14.08 ($79 million of the $200 million authorization), and on May 1 the company settled its $258 million of convertible notes in cash and remains in a net cash position. Our thesis continues to play out, and while the stock has materially appreciated, we still see upside to numbers. Management is acting exactly as expected, reducing debt, returning capital a complex-to-simple story easy for all to understand better."
#golf #caly #o 'keeffe #stevens
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Callaway Golf Company (NYSE:CALY). Callaway Golf Company (NYSE:CALY) is a global manufacturer of golf equipment, golf and lifestyle apparel, and other accessories. On July 27, 2026, Callaway Golf Company (NYSE:CALY) closed at $18.27 per share, reflecting a market capitalization of $3.28 billion. Callaway Golf Company (NYSE:CALY) posted a one-month return of -2.77%, while its shares gained 89.72% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Callaway Golf Company (NYSE:CALY) in its Q2 2026 investor update:
"Callaway Golf Company (NYSE:CALY): Post the announced sale of their TopGolf business, the next catalyst to the story is demonstrating the clean, high-quality business of the remaining club, ball, and apparel business. Q1 net sales rose 9.2% to $687.5m, adjusted EBITDA climbed 31.1% to $163.7 million, and non-GAAP net income from continuing operations increased 96%, with gross margin up roughly 260 basis points, absorbing about $18m of incremental tariX expense. Management raised its full-year outlook, and the summer thus far has been a net positive for the golf industry. On capital return, through April 30, Callaway repurchased 5.6 million shares at an average cost of $14.08 ($79 million of the $200 million authorization), and on May 1 the company settled its $258 million of convertible notes in cash and remains in a net cash position. Our thesis continues to play out, and while the stock has materially appreciated, we still see upside to numbers. Management is acting exactly as expected, reducing debt, returning capital a complex-to-simple story easy for all to understand better."
#golf #caly #o 'keeffe #stevens
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sphere Entertainment Co. (NYSE:SPHR). Sphere Entertainment Co. (NYSE:SPHR) is a US-based live entertainment and media company. On July 27, 2026, Sphere Entertainment Co. (NYSE:SPHR) closed at $139.95 per share, reflecting a market capitalization of $5.01 billion. Sphere Entertainment Co. (NYSE:SPHR) posted a one-month return of -19.12%, while its shares gained 227.98% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sphere Entertainment Co. (NYSE:SPHR) in its Q2 2026 investor update:
"During the quarter, Sphere Entertainment Co. (NYSE:SPHR) continued its strong performance as the market realizes the strong underlying unit economics, in the face of weaker Las Vegas Strip attendance. Continued success in Vegas makes selling future Spheres easier. Sphere Abu Dhabi remains on track, which, given the ongoing war, was a concern. Finally, Sphere announced a new immersive experience, "Rocky Horror Picture," which should add incremental, high-margin shows to the slate, increasing utilization. While the Sphere story has largely played out (at least episode 1), we are inclined to let an N=1 ***** et the leeway to become a large position even though the valuation is much diXerent today. Great ***** ets and management teams oVen have longer right tails than one may initially underwrite. While most believe Vegas is forever in decline, visitation trends were positive y/y in May and represented the 3rd month of the year with positive y/y growth. Visitation and comps are substantially easier, concerts continue to perform well, and new Qlms should drive visitation and revisitation at strong rates, even with The Wizard of Oz coming up to its Qrst anniversary. While the Sphere show slate is nearing the optimal/maximum number of shows per year, the exosphere is an incremental high-margin opportunity that will become an important revenue driver."
#NYSE #sphr #stevens
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sphere Entertainment Co. (NYSE:SPHR). Sphere Entertainment Co. (NYSE:SPHR) is a US-based live entertainment and media company. On July 27, 2026, Sphere Entertainment Co. (NYSE:SPHR) closed at $139.95 per share, reflecting a market capitalization of $5.01 billion. Sphere Entertainment Co. (NYSE:SPHR) posted a one-month return of -19.12%, while its shares gained 227.98% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sphere Entertainment Co. (NYSE:SPHR) in its Q2 2026 investor update:
"During the quarter, Sphere Entertainment Co. (NYSE:SPHR) continued its strong performance as the market realizes the strong underlying unit economics, in the face of weaker Las Vegas Strip attendance. Continued success in Vegas makes selling future Spheres easier. Sphere Abu Dhabi remains on track, which, given the ongoing war, was a concern. Finally, Sphere announced a new immersive experience, "Rocky Horror Picture," which should add incremental, high-margin shows to the slate, increasing utilization. While the Sphere story has largely played out (at least episode 1), we are inclined to let an N=1 ***** et the leeway to become a large position even though the valuation is much diXerent today. Great ***** ets and management teams oVen have longer right tails than one may initially underwrite. While most believe Vegas is forever in decline, visitation trends were positive y/y in May and represented the 3rd month of the year with positive y/y growth. Visitation and comps are substantially easier, concerts continue to perform well, and new Qlms should drive visitation and revisitation at strong rates, even with The Wizard of Oz coming up to its Qrst anniversary. While the Sphere show slate is nearing the optimal/maximum number of shows per year, the exosphere is an incremental high-margin opportunity that will become an important revenue driver."
#NYSE #sphr #stevens
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Corning Incorporated (NYSE:GLW). Corning Incorporated (NYSE:GLW) is a technology company that operates through its Optical Communication, Display Technologies, Environmental Technologies, Specialty Materials, and Life Sciences business segments. On July 27, 2026, Corning Incorporated (NYSE:GLW) closed at $143.36 per share. One-month return of Corning Incorporated (NYSE:GLW) was -43.88%, and its shares gained 131.30% over the past 52 weeks. Corning Incorporated (NYSE:GLW) has a market capitalization of $123.38 billion.
O'Keeffe Stevens Advisory stated the following regarding Corning Incorporated (NYSE:GLW) in its Q2 2026 investor update:
"Qualcomm and Corning Incorporated (NYSE:GLW) both appreciated materially in Q2. We trimmed both positions using a combination of options and stock sales.
Corning appreciated over 20% in Q2. Corning spent the second quarter signing up the biggest names in AI as customers and partners. In May, Nvidia and Corning announced a multiyear commercial and technology partnership under which Corning will increase its U.S. optical connectivity manufacturing capacity tenfold and expand U.S. Fiber production by more than 50%, including three new plants in North Carolina and Texas. Nvidia paid $500 million for rights to Corning shares, including warrants on up to 15 million shares at a $180 exercise price; if exercised in full, Nvidia's total equity investment could reach $3.2 billion. In June, Amazon signed a multiyear, multibillion-dollar agreement for Corning to supply the optical Fiber, cable, and connectivity for its expanding U.S. data centers. These follow the up to $6 billion supply agreement Meta signed in January. Historically, data centers used copper cables to connect their technology, some of which is switching to Fiber. Corning's Fiber may be a future bottleneck. As legacy data centers convert to newer, Fiber-connected racks, Corning contends with new data centers demand
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Corning Incorporated (NYSE:GLW). Corning Incorporated (NYSE:GLW) is a technology company that operates through its Optical Communication, Display Technologies, Environmental Technologies, Specialty Materials, and Life Sciences business segments. On July 27, 2026, Corning Incorporated (NYSE:GLW) closed at $143.36 per share. One-month return of Corning Incorporated (NYSE:GLW) was -43.88%, and its shares gained 131.30% over the past 52 weeks. Corning Incorporated (NYSE:GLW) has a market capitalization of $123.38 billion.
O'Keeffe Stevens Advisory stated the following regarding Corning Incorporated (NYSE:GLW) in its Q2 2026 investor update:
"Qualcomm and Corning Incorporated (NYSE:GLW) both appreciated materially in Q2. We trimmed both positions using a combination of options and stock sales.
Corning appreciated over 20% in Q2. Corning spent the second quarter signing up the biggest names in AI as customers and partners. In May, Nvidia and Corning announced a multiyear commercial and technology partnership under which Corning will increase its U.S. optical connectivity manufacturing capacity tenfold and expand U.S. Fiber production by more than 50%, including three new plants in North Carolina and Texas. Nvidia paid $500 million for rights to Corning shares, including warrants on up to 15 million shares at a $180 exercise price; if exercised in full, Nvidia's total equity investment could reach $3.2 billion. In June, Amazon signed a multiyear, multibillion-dollar agreement for Corning to supply the optical Fiber, cable, and connectivity for its expanding U.S. data centers. These follow the up to $6 billion supply agreement Meta signed in January. Historically, data centers used copper cables to connect their technology, some of which is switching to Fiber. Corning's Fiber may be a future bottleneck. As legacy data centers convert to newer, Fiber-connected racks, Corning contends with new data centers demand
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor and communication technology company focusing on the development and commercialization of foundational technologies for the wireless industry. On July 27, 2026, QUALCOMM Incorporated (NASDAQ:QCOM) closed at $170.04 per share. One-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was -7.98%, and its shares gained 4.91% over the past 52 weeks. QUALCOMM Incorporated (NASDAQ:QCOM) has a market capitalization of $179.22 billion.
O'Keeffe Stevens Advisory stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q2 2026 investor update:
"QUALCOMM Incorporated (NASDAQ:QCOM) and Corning both appreciated materially in Q2. We trimmed both positions using a combination of options and stock sales.
Qualcomm faced a long-standing structural challenge: customer concentration in Apple, which is internally developing its own modem and transitioning away from Qualcomm silicon. Qualcomm hosted an investor day in June, with all eyes focused on their AI and datacenter strategy. Qualcomm has long been seen as a loser in AI stemming from higher memory prices driving down phone demand, and in turn QCOM's handset business. Qualcomm's diversiQcation strategy continues to play out. At the investor day, Qualcomm doubled its Qscal 2029 non-handset revenue goal to $40 billion, liVed its automotive revenue target to $10 billion, and struck a deal with Meta to supply data center CPUs for AI infrastructure, with production of its Dragonby C1000 slated for 2028. We trimmed due to the position becoming oversized in the portfolio, and risk/reward was no longer as attractive."
#qcom
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor and communication technology company focusing on the development and commercialization of foundational technologies for the wireless industry. On July 27, 2026, QUALCOMM Incorporated (NASDAQ:QCOM) closed at $170.04 per share. One-month return of QUALCOMM Incorporated (NASDAQ:QCOM) was -7.98%, and its shares gained 4.91% over the past 52 weeks. QUALCOMM Incorporated (NASDAQ:QCOM) has a market capitalization of $179.22 billion.
O'Keeffe Stevens Advisory stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q2 2026 investor update:
"QUALCOMM Incorporated (NASDAQ:QCOM) and Corning both appreciated materially in Q2. We trimmed both positions using a combination of options and stock sales.
Qualcomm faced a long-standing structural challenge: customer concentration in Apple, which is internally developing its own modem and transitioning away from Qualcomm silicon. Qualcomm hosted an investor day in June, with all eyes focused on their AI and datacenter strategy. Qualcomm has long been seen as a loser in AI stemming from higher memory prices driving down phone demand, and in turn QCOM's handset business. Qualcomm's diversiQcation strategy continues to play out. At the investor day, Qualcomm doubled its Qscal 2029 non-handset revenue goal to $40 billion, liVed its automotive revenue target to $10 billion, and struck a deal with Meta to supply data center CPUs for AI infrastructure, with production of its Dragonby C1000 slated for 2028. We trimmed due to the position becoming oversized in the portfolio, and risk/reward was no longer as attractive."
#qcom
6 days ago
O'Keeffe Stevens Advisory, an investment advisory firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. During Q2 2026, the market experienced notable dispersion between perceived AI losers and winners. The firm has made investments early in AI infrastructure companies, which yielded gains during market repricing. The second quarter experienced strong equity rallies, with the S&P 500 gaining 15.2% and the Nasdaq 21.4%, marking the best quarter since Q2 2020. While the software sector faced challenges, with the iShares Software ETF dropping ~27% before a rally, reflecting high volatility. This volatility is seen as an opportunity, despite the potential for 'dead money' in underperforming stocks. The firm remains cautious, focuses on owning durable businesses at reasonable prices, holding cash, and hedging risks to navigate unpredictability. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On July 27, 2026, Sotera Health Company (NASDAQ:SHC) closed at $17.24 per share, reflecting a market capitalization of $4.92 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of -2.87%, while its shares gained 42.01% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor update:
"Sotera Health Company (NASDAQ:SHC): We have been following Sotera Health for several years. The business is exceptional: a sterilization duopoly with Sterigenics and Steris combined controlling an estimated 70% of the sterilization market. Sotera's Sterigenics business boasts 50% EBITDA margins, mission-critical regulated services, and cobalt-60 production that is nearly impossible to replicate. Yet we never bought it because of one thing: Warburg Pincus held a material stake and was consistently selling into the market. We do not buy high quality businesses where forced sellers will pressure the stock regardless of fundamental improvement. We look for situations where forced sellers create dislocation, allowing us to buy a stock for cheaper than what it would trade for without such selling pressure. On the bip side, we look to sell into forced buyers pushing stock prices up irrespective of fundamentals. In early 2026, Warburg sold its last share. Combined with a valuation that was cheap given the quality of the business model, we thought it made sense to purchase the stock.
At their November 2024 Investor Day, management outlined a 2025-2027 plan targeting 5%-7% organic revenue growth and 5%-8% adjusted EBITDA growth, with at least 50bps of EBITDA margin expansion annually. Sterigenics represents over 60% of revenue, and we expect
In its Q2 2026 investor letter, O'Keeffe Stevens Advisory highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On July 27, 2026, Sotera Health Company (NASDAQ:SHC) closed at $17.24 per share, reflecting a market capitalization of $4.92 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of -2.87%, while its shares gained 42.01% over the past 52 weeks.
O'Keeffe Stevens Advisory stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor update:
"Sotera Health Company (NASDAQ:SHC): We have been following Sotera Health for several years. The business is exceptional: a sterilization duopoly with Sterigenics and Steris combined controlling an estimated 70% of the sterilization market. Sotera's Sterigenics business boasts 50% EBITDA margins, mission-critical regulated services, and cobalt-60 production that is nearly impossible to replicate. Yet we never bought it because of one thing: Warburg Pincus held a material stake and was consistently selling into the market. We do not buy high quality businesses where forced sellers will pressure the stock regardless of fundamental improvement. We look for situations where forced sellers create dislocation, allowing us to buy a stock for cheaper than what it would trade for without such selling pressure. On the bip side, we look to sell into forced buyers pushing stock prices up irrespective of fundamentals. In early 2026, Warburg sold its last share. Combined with a valuation that was cheap given the quality of the business model, we thought it made sense to purchase the stock.
At their November 2024 Investor Day, management outlined a 2025-2027 plan targeting 5%-7% organic revenue growth and 5%-8% adjusted EBITDA growth, with at least 50bps of EBITDA margin expansion annually. Sterigenics represents over 60% of revenue, and we expect
7 days ago
Over the past few seasons, UCLA Bruin fans got to witness Lauren Betts operate in the post. While Betts is best known for her defense or her dominating frame, which left many college opponents feeling defensive, Betts was also a gifted passer.
With Betts' passing ability it shouldn't be too surprising to hear that her favorite player is Denver Nuggets center Nikola Jokic. Jokic is an NBA champion and is a three-time league MVP.
During the WNBA All-Star Weekend, Betts revealed that she was hoping for a surprise from the Nuggets superstar center.
"This is just me manifesting; if Jokic walked in right now, he would give me a big bear hug," Betts said. "He's like the GOAT and I'm from Colorado so I'm a huge Nuggets fan."
Beyond just Jokic's otherworldly ability on the basketball court, Betts is also impressed by his ability to not make the sport his entire life. Jokic is known to enjoy himself a horse race, owning several horses back in Serbia.
#nuggets #lauren
With Betts' passing ability it shouldn't be too surprising to hear that her favorite player is Denver Nuggets center Nikola Jokic. Jokic is an NBA champion and is a three-time league MVP.
During the WNBA All-Star Weekend, Betts revealed that she was hoping for a surprise from the Nuggets superstar center.
"This is just me manifesting; if Jokic walked in right now, he would give me a big bear hug," Betts said. "He's like the GOAT and I'm from Colorado so I'm a huge Nuggets fan."
Beyond just Jokic's otherworldly ability on the basketball court, Betts is also impressed by his ability to not make the sport his entire life. Jokic is known to enjoy himself a horse race, owning several horses back in Serbia.
#nuggets #lauren
7 days ago
Michael Burry's short targets Applied Materials after shares fell 26% from their peak, now trading at a steep 53x trailing price-to-earnings multiple.
China shifting to domestic toolmakers and potentially pulled-forward memory CapEx pose the two biggest risks to Applied Materials' future order pipeline.
Micron delivers cleaner, lower-valuation exposure to the memory boom than owning the equipment supplier one step removed from actual chip production.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Materials didn't make the cut. Grab the names FREE today.
There's no mystery why Dr. Michael Burry is so bearish on the semi trade. It's overheated, and if you think AI is in a bubble, it just makes sense to bet against the broad basket. With an individual bearish position in Applied Materials (NASDAQ:AMAT), though, questions linger as to whether there's more pain to be had in the individual name targeted by the great Michael Burry.
#michael #memory #bearish #individual
China shifting to domestic toolmakers and potentially pulled-forward memory CapEx pose the two biggest risks to Applied Materials' future order pipeline.
Micron delivers cleaner, lower-valuation exposure to the memory boom than owning the equipment supplier one step removed from actual chip production.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Applied Materials didn't make the cut. Grab the names FREE today.
There's no mystery why Dr. Michael Burry is so bearish on the semi trade. It's overheated, and if you think AI is in a bubble, it just makes sense to bet against the broad basket. With an individual bearish position in Applied Materials (NASDAQ:AMAT), though, questions linger as to whether there's more pain to be had in the individual name targeted by the great Michael Burry.
#michael #memory #bearish #individual
8 days ago
Homeownership is something many people aspire to and, in fact, 56% of adults describe owning your own property as a key part of the American Dream. Yet, many are struggling to buy a home of their own thanks to rising costs of both homes and mortgages.
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
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
#actually
But, what if you didn't buy a home but inherited one instead? For some, this may seem like a dream come true — but that's not the case in every situation. Let's pretend, for example, that Mika's grandmother, Enid, owns Mika's childhood home and wants Mika to inherit it.
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
#actually
8 days ago
Heading into the 2026 season, Los Angeles Rams legend Norm Van Brocklin's single-game passing record has stood for almost 75 years. With all the changes made to benefit the passing game over the years, it's truly astonishing that Van Brocklin's mark of 554 yards has stood for this long. That said, which quarterback is most likely to break it this season?
Having a 500-yard passing game is a crowning achievement for single callers. Including the playoffs, there have only been 27 such games in NFL history, with Ben Roethlisberger, Tom Brady and Drew Brees the only QBs to have thrown for over 500 yards multiple times. Kirk Cousins is the most recent to have done so, throwing for 509 yards in a 2024 win over the Buccaneers.
Without further ado, let's take a look at the top candidates to topple Van Brocklin's record in 2026.
Let's start with the option closest to home. Stafford once threw for 520 yards as a member of the Lions in the 2011 regular season finale against the Packers at Lambeau Field. Unfortunately, it came in a losing effort, as the quarterback on the opposite sideline, Matt Flynn, threw for 480 yards and six touchdowns in a 45-41 Green Bay win.
Stafford seems like an easy choice given that he's already a member of the 500 Club and has one of the league's most explosive offenses at his disposal. However, he's thrown for at least 450 yards with the Rams once, which came against the Seahawks late last season.
#yards #game #single #stood
Having a 500-yard passing game is a crowning achievement for single callers. Including the playoffs, there have only been 27 such games in NFL history, with Ben Roethlisberger, Tom Brady and Drew Brees the only QBs to have thrown for over 500 yards multiple times. Kirk Cousins is the most recent to have done so, throwing for 509 yards in a 2024 win over the Buccaneers.
Without further ado, let's take a look at the top candidates to topple Van Brocklin's record in 2026.
Let's start with the option closest to home. Stafford once threw for 520 yards as a member of the Lions in the 2011 regular season finale against the Packers at Lambeau Field. Unfortunately, it came in a losing effort, as the quarterback on the opposite sideline, Matt Flynn, threw for 480 yards and six touchdowns in a 45-41 Green Bay win.
Stafford seems like an easy choice given that he's already a member of the 500 Club and has one of the league's most explosive offenses at his disposal. However, he's thrown for at least 450 yards with the Rams once, which came against the Seahawks late last season.
#yards #game #single #stood
8 days ago
A former college soccer player has been identified as the 26-year-old woman found dead in the waters off San Diego's La Jolla Shores Beach as investigators work to determine what happened.
Emergency personnel responded around 9:30 a.m. Wednesday after reports of an unresponsive person floating in shallow water, the San Diego County Medical Examiner's Office said. Bryn Waite was ****** ounced dead at the scene.
The body was found near the Ellen Browning Scripps Memorial Pier, FOX 5 San Diego reported.
Sled Joins Probe As Body Matching Missing South Carolina Personal Trainer's Description Found
Bryn Waite, a former Central Washington University soccer player, was found dead in the waters off San Diego's La Jolla Shores Beach on July 22, 2026.
#dead #jolla #bryn
Emergency personnel responded around 9:30 a.m. Wednesday after reports of an unresponsive person floating in shallow water, the San Diego County Medical Examiner's Office said. Bryn Waite was ****** ounced dead at the scene.
The body was found near the Ellen Browning Scripps Memorial Pier, FOX 5 San Diego reported.
Sled Joins Probe As Body Matching Missing South Carolina Personal Trainer's Description Found
Bryn Waite, a former Central Washington University soccer player, was found dead in the waters off San Diego's La Jolla Shores Beach on July 22, 2026.
#dead #jolla #bryn
8 days ago
Marques Colston spent a decade building one of the most accomplished careers in New Orleans Saints history. Today, he's applying those same principles of discipline, patience, and long-term thinking to investing.
The former NFL star joins Portfolio Players to discuss the launch of Champions Fund, a fund designed to give athletes and everyday investors access to sports-related opportunities. Colston explains why too many athletes are treated as brand ambassadors rather than true investors, how he navigated the business world after football, and why creating access has become central to his mission.
Colston also shares lessons from owning arena football teams, investing in companies like Fathead and SI Tickets, and taking a stake in English soccer club Ipswich Town. He discusses the growing appeal of sports as an **** et class, the rise of women's sports, and why opportunities outside the major leagues may offer the greatest upside for investors.
Portfolio Players, presented by E*TRADE from Morgan Stanley, explores how institutional capital, cultural momentum, and strategic ownership are redefining the business of sports.
#sports
The former NFL star joins Portfolio Players to discuss the launch of Champions Fund, a fund designed to give athletes and everyday investors access to sports-related opportunities. Colston explains why too many athletes are treated as brand ambassadors rather than true investors, how he navigated the business world after football, and why creating access has become central to his mission.
Colston also shares lessons from owning arena football teams, investing in companies like Fathead and SI Tickets, and taking a stake in English soccer club Ipswich Town. He discusses the growing appeal of sports as an **** et class, the rise of women's sports, and why opportunities outside the major leagues may offer the greatest upside for investors.
Portfolio Players, presented by E*TRADE from Morgan Stanley, explores how institutional capital, cultural momentum, and strategic ownership are redefining the business of sports.
#sports
8 days ago
SEOUL, July 27 (Reuters) - Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a project to expand an AI data centre.
The move underscores a deepening partnership between the two companies, which in June announced plans to build global AI infrastructure to tap demand for sovereign AI in the Asia-Pacific region, Europe and the Middle East.
As the first step, the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding.
Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement. Brookfield will provide up to $9 billion in financing as the project's capital partner, Naver added.
With the investment, Nvidia would become one of the biggest shareholders of Naver, owning a 4.5% stake. The National Pension Service was the biggest shareholder of Naver with a 9.25% stake, followed by BlackRock Fund Advisors with 6.12% as of end-2025.
#billion #service
The move underscores a deepening partnership between the two companies, which in June announced plans to build global AI infrastructure to tap demand for sovereign AI in the Asia-Pacific region, Europe and the Middle East.
As the first step, the two firms and investment group Brookfield announced on Friday plans to expand Naver's AI data centre in South Korea with up to $10 billion in funding.
Naver said on Monday it will place 7.2 million new shares with Nvidia for 204,500 won each, or a 1% discount to its closing price on Friday, as part of the agreement. Brookfield will provide up to $9 billion in financing as the project's capital partner, Naver added.
With the investment, Nvidia would become one of the biggest shareholders of Naver, owning a 4.5% stake. The National Pension Service was the biggest shareholder of Naver with a 9.25% stake, followed by BlackRock Fund Advisors with 6.12% as of end-2025.
#billion #service
8 days ago
Before (SPCX) went public, I wrote that the extraordinary demand for its IPO might be the warning. The shares were priced at $135, climbed to $225.64, and closed Friday at $115.07. Investors who loved the stock six weeks ago now appear eager to sell it. The company has lost almost half its value since the high. Short sellers, meanwhile, are sitting on an estimated $15.5 billion of paper profits.
That first article was about scarcity and behavior. Too many investors chased too few shares, and the excitement around owning (SPCX) became more important than the price they paid.
When the stock returned to its IPO price, I wrote that $135 was not automatically a buy. An offering price is a number agreed upon during a sales process, not a declaration of fair value.
Both warnings have held up. But markets move, and the risk has now moved with them.
The dangerous crowd is no longer only the one that chased (SPCX) higher. It may now include the investors who believe the decline has become an easy one-way trade.
I still think (SPCX) is expensive. At Friday's price, the company is worth roughly $1.5 trillion. Aswath Damodaran, the NYU professor known as the dean of valuation, estimated its equity value at around $1.3 trillion before the IPO. His largest concern was the value being attached to the artificial-intelligence business, where the ***** umptions are much harder to defend than they are for Starlink or the launch operation. The bears have a case. My concern is that they are becoming too comfortable with it.
The Easy Part of the Short May Be Over
Around 360 million (SPCX) shares, representing roughly 56% of the freely traded stock, were out on loan earlier last week. Short sellers were not using the decline to take profits. According to Ortex, they were increasing their positions. That does not prove they are mistaken. Crowded trades can remain profitable for a long time. It does tell us what might happen if the news starts improving.
A short seller eventually has to buy the shares back. When a large part of the available stock has already been borrowed and sold, even a modest change in expectations can create demand from investors who are not buying because they suddenly love the company. They are buying because the trade is moving against them. This is the mirror image of the IPO. In June, investors were afraid they would miss the rise. Now short sellers are afraid they will miss the decline. A stock rising from $135 to $225 felt safer because other investors appeared to agree with the bullish story. A stock falling toward $115 makes the bearish argument feel more obvious because the price appears to confirm it. Price is evidence, but it is not always proof.
(SPCX)'s launch economics did not deteriorate by 49%. Starlink did not lose half its subscribers. The stock fell because expectations, positioning, and the supply of willing buyers changed.
#investors #price #shares #company
That first article was about scarcity and behavior. Too many investors chased too few shares, and the excitement around owning (SPCX) became more important than the price they paid.
When the stock returned to its IPO price, I wrote that $135 was not automatically a buy. An offering price is a number agreed upon during a sales process, not a declaration of fair value.
Both warnings have held up. But markets move, and the risk has now moved with them.
The dangerous crowd is no longer only the one that chased (SPCX) higher. It may now include the investors who believe the decline has become an easy one-way trade.
I still think (SPCX) is expensive. At Friday's price, the company is worth roughly $1.5 trillion. Aswath Damodaran, the NYU professor known as the dean of valuation, estimated its equity value at around $1.3 trillion before the IPO. His largest concern was the value being attached to the artificial-intelligence business, where the ***** umptions are much harder to defend than they are for Starlink or the launch operation. The bears have a case. My concern is that they are becoming too comfortable with it.
The Easy Part of the Short May Be Over
Around 360 million (SPCX) shares, representing roughly 56% of the freely traded stock, were out on loan earlier last week. Short sellers were not using the decline to take profits. According to Ortex, they were increasing their positions. That does not prove they are mistaken. Crowded trades can remain profitable for a long time. It does tell us what might happen if the news starts improving.
A short seller eventually has to buy the shares back. When a large part of the available stock has already been borrowed and sold, even a modest change in expectations can create demand from investors who are not buying because they suddenly love the company. They are buying because the trade is moving against them. This is the mirror image of the IPO. In June, investors were afraid they would miss the rise. Now short sellers are afraid they will miss the decline. A stock rising from $135 to $225 felt safer because other investors appeared to agree with the bullish story. A stock falling toward $115 makes the bearish argument feel more obvious because the price appears to confirm it. Price is evidence, but it is not always proof.
(SPCX)'s launch economics did not deteriorate by 49%. Starlink did not lose half its subscribers. The stock fell because expectations, positioning, and the supply of willing buyers changed.
#investors #price #shares #company
8 days ago
Job seekers are exhausted. Tired of shooting résumés into the void and getting ghosted, many have started paying for AI tools that blast their application out to every open role they can find. But according to Greenhouse CEO Daniel Chait, employers are just as miserable—and he's got a name for the hiring nightmare: an AI doom loop.
"This is the first time when really both sides have been unhappy," Chait told Fortune. "The market just isn't working for either side."
Job seekers, he says, are "piling more and more job applications into the black hole and not getting any progress." It doesn't matter how many they send—they "just don't get anywhere."
So they've turned to AI tools that make the process less painful. "You can go search on Google, and there are tools that advertise, use AI to automatically apply to every Greenhouse job," the jobs board boss said. "Someone goes and buys that tool, it's like 20 bucks, and now they can just shoot out job applications willy-nilly to as many jobs as they want."
On the other side of the inbox, recruiters are drowning. There are currently 175,000 live jobs on Greenhouse's platform—and on average, for every job ad posted, around 254 job seekers are applying, pushing applications per recruiter up by 412%.
#Jobs #getting #side
"This is the first time when really both sides have been unhappy," Chait told Fortune. "The market just isn't working for either side."
Job seekers, he says, are "piling more and more job applications into the black hole and not getting any progress." It doesn't matter how many they send—they "just don't get anywhere."
So they've turned to AI tools that make the process less painful. "You can go search on Google, and there are tools that advertise, use AI to automatically apply to every Greenhouse job," the jobs board boss said. "Someone goes and buys that tool, it's like 20 bucks, and now they can just shoot out job applications willy-nilly to as many jobs as they want."
On the other side of the inbox, recruiters are drowning. There are currently 175,000 live jobs on Greenhouse's platform—and on average, for every job ad posted, around 254 job seekers are applying, pushing applications per recruiter up by 412%.
#Jobs #getting #side
